The Business Times, 22 July 1994

Microfilm: NL19568
Total Pages: 78
1 78 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 010/12/93 Friday July 22 1994 75 c
    14 words
  • 2 am LATEST
    • Article
      Lock icon Dow up 14.89 points
      51 1 Reuter NEW YORK Wall Street stocks were mixed at midsession yesterday. In the broad market, declining issues led advances 5-4 on NYSE volume of more than 160 million shares at Ipm EDT. At 2pm EDT, the Dow Jones industrial average was up 14.89 points at 3,742.16.
      Reuter  -  51 words
    • Article
      Lock icon US seeking UN approval for Haiti move
      46 1 Reuter UNITED NATIONS US Ambassador Madeleine Albright yesterday said she was seeking UN approval for a USled force to use "all necessary means" to restore democracy in Haiti. "All necessary means" is a catch phrase for armed intervention. Reuter
      Reuter  -  46 words
  • Article
    MARKET SUMMARY
    161 1 Stock Market indices Thursday Change ST1I 2,208.5i -22.86 KLSEComp 996.36 -13.36 Nikkei 20,622.92 -157.84 Hang Seng 9,117.66 -71.16 SET Index 1,342.01 -21.58 Jakarta Comp 461.14 -1.40 CLSA China B ...„..994.63 -4.96 Aust All Ord 2,049.2 -29.4 FTSE 100 3,095.1 +17.9 Thvsday Previons 2pm close Dow Jones 3,742.16 3,727.27
    161 words
  • Article
    Lock icon IBM bounces back with 2nd quarter earnings of US$ 689m
    141 1 Bloomberg Business News ARMONK, New York International Business Machines Corp yesterday reported sec-ond-quarter earnings of almost US$69O million, reversing last year's record loss, as expenses fell while revenue from product and service sales rose 3 per cent. IBM said second-quarter
    Bloomberg Business News  -  141 words
  • Article
    S'pore investors sink $600 m into unit trusts in 18 months
    655 1  -  By Agnes Chen SINGAPORE Investors in Singapore poured more than $600 million into unit trusts in the 18 months to June 30 this year against the total of $400 million under management in 1992. Unleashed by a super bull
    655 words
  • Article
    Bapindo prosecutors demand life term for main defendant
    429 1  -  From Leslie Lopez in JAKARTA STATE prosecutors yesterday demanded life imprisonment and an 800 billion rupiah (***** million) fine for the main defendant in Indonesia's largest banking scandal, businessman Eddy Tansil. Seeking the maximum sentence in the highly publicised Bapindo trial, chief
    429 words
  • Article, Illustration
    Stanchart closes case on the missing gold coin
    567 1  -  From Ho Kay Tat in KUALA LUMPUR STANDARD Chartered Bank said yesterday the US$lO,OOO (S$ 15,100) gold coin alleged to have been given as a bribe to a Malaysian minister was never missing. "The missing coin is not missing. We know where
    567 words
  • Article
    Industrial Oxygen puts in top bid for theme park site
    423 1  -  By Lilian Ang SINGAPORE A Malaysian company has put in the top bid for a Marina South site slated for a theme park. Industrial Oxygen, a plantation and property group listed on the Kuala Lumpur Stock Exchange, has offered 535.23
    423 words
  • Article, Illustration
    Lock icon Sell-off hits regional bourses
    227 1 SINGAPORE Concern that US interest rates will be raised sooner than expected triggered yet another sell-off of regional equities yesterday. In his semi-annual testimony to the US Senate Banking Committee on Wednesday, US Federal Reserve chairman Alan Greenspan left the door open for further rate hikes
    Source: Bridge Info  -  227 words
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      90 1 ITMfcLJ/ 1 'yiw^^P THE U L I COHTnfTS" News Compinici S*(*xe News 2 S'poreJffsia .19,20.22 Reponal News 3,4,6 Financial 24.25 World News 8 Features Mpx i; Oob/WSf. SES 28-30 Edrtoriai 16 Sports 15 Worti 21 TV/Uestye 13 Currencies .24 Mnartemg 10,11 Simex/Commo .24,25 Id 1800-*****77 Fax *****75 IT Not*** Tel
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      7 1 Advertising: p* io Spinning up a storm
      7 words
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      10 1 Hock Lock Siew: Pg 19 Aokam lays groundwork for future
      10 words
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      56 1 The ifottp&f Line: Pg is fegT The gjfipal demon is demography •UOB voted best S'pore bank by financial magazine Euro money, Pg 24 Ermmesildo Zegna END OF SEASON SALE 8 JUL 30 JUL'94 I nchcapeMarketing Boutiq.e: Vlihi Airlt, »02-2 l to 23 Sißgiptre 0923. Teh 732 MS9 Mnnitr Corirrs lirlai
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      Page 1 Advertisements Column 5
      47 1 B Bass Boutique NCEE Ann Crrv TEU-735 5008 Petite Finesse #02-38 Centrepoint Ta: 734 9658 Sledgebs Boutique #02-08 Delfi ORou*DTa: 734 5313^^®^ Takashimaya Deft. Stoke Men Ladies PROPERTY *>4 A BT SPECIAL SUPPLEMENT Market reports, Pgs 26-30 US official says further decline of dollar counterproductive, Pg 18
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Manufacturing posts 13.9 pc growth
        310 2  -  By Genevieve Cua SINGAPORE'S manufacturing sector expanded 13.9 per cent in May. Except for paints and pharmaceuticals, printing and publishing, and food, the bigger industries posted strong growth. In a statement on the latest monthly index of industrial production, released yesterday, the Economic Development Board
        Source: EDS  -  310 words
    • Article
      Orchard Rd hotels enjoying 90pc occupancy
      507 2  -  By Corinne Kerk HOTELS in the Orchard Road area have been enjoying high occupancy rates of more than 90 per cent this month, thanks to a confluence of several factors. These include the monthlong Great Singapore Sale, the Singapore Food Festival and the Konica
      507 words
    • Article
      Bright outlook for real estate, business services, survey shows
      417 2  -  By Anna Teo THE real estate and business services sector fared less well in 1992 because of the general economic slowdown, but its outlook remains positive, says the Department of Statistics. The department yesterday released a report on the state of
      417 words
    • Article
      Pico Far East chief Henry Chia dies at 37
      204 2 HENRY Chia, chairman of Pico Far East, a company listed on the Hongkong stock exchange, died of cancer on Tuesday at the age of 37. He slipped into a coma on June 26 at the National University Hospital, eight days after
      204 words
    • Article
      China's Gintian pays $18m for Pisces stake
      204 2 SHENZHEN Gintian Industry of China has invested $18 million in Singapore retailer Pisces, giving it a 30 per cent stake. With the entry of Gintian. Pisces will adjust its development strategy. Besides reinforcing its main garment retailing business, it will diversify into real
      204 words
    • Article
      Lifestyle scheme comes with a healthy twist
      116 2 THE National Healthy Lifestyle Campaign 94, from Sep 11 to Oct 9, will emphasise family fitness with a new twist. The Health Ministry said yesterday that besides the Great Singapore Workout, families would be encouraged to learn a new game or sport, in
      116 words
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      141 2 O OMEGA The sign of excellence. Lkt s si %iJli 1 Man Ml JHfs .jUp? P?jVow /or /fee /frsf time, an exhibition and sale of Piaget's chronograph collection. Presented exclusively at the Piaget Boutique, Mandarin Singapore. 14 to 31 July 1994, from 11am to 6pm (Mon Sat). PiageT miiuw fiv
      141 words
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      711 2 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN thai the 30th Annual General Meeting of the Company will be held at Pisces/Aquarius Room, Level 1, Marina Mandarin, 6 Raffles Boulevard, Marina Square, Singapore 0103 on Wednesday, 10 August 1994 at 10.30 a.m. for the following purposes: 1. To receive
      711 words
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  • SOUTH-EAST ASIA
    • Article
      China insists on bilateral talks to end Spratly dispute
      536 3  -  Run-up to the Asean Regional Forum From Yang Razali Kassim in BANGKOK BANGKOK China insisted yesterday that negotiations to end disputes over the resource-rich Spratly and Paracel islands be held on the periphery of the Asean Regional Forum. In its first
      536 words
    • Article
      Foreign ministers' meeting kicks off today
      431 3  -  Yang Razali Kassim BANGKOK A new phase in Asean's role as a key player in regional diplomacy begins here today with the kick-off of the 27th Asean foreign ministers meeting. For the first time since Asean was formed, in 1967, all countries of South-east
      431 words
    • Article, Illustration
      Lock icon A toast to the King
      63 3 Reuter BANGKOK Asean foreign ministers toasting Thailand's King Bhumibol Adulyadej yesterday after they received their royal decorations from Thai Prime Minister Chuan Leekpai at Government House here. The ministers are (left to right) S Jayakumar of Singapore, Roberto Romulo of the Philippines, Abdullah Ahmad Badawi
      Reuter  -  63 words
    • Article
      Foreign ministers set to back S'pore bid to host first WTO meeting
      193 3  -  Yang Razali Kassim BANGKOK Asean foreign ministers are gearing up to throw their weight behind Singapore in its bid to host the first ministerial meeting of the new World Trade Organisation. Thailand, which is bidding to be the
      193 words
    • Article
      Lock icon Australia raps Asean over invitation to Myanmar
      235 3 AFP CANBERRA Australia yesterday joined the United States and Europe in criticising Asean for inviting Myanmar to its annual meeting in Bangkok. Foreign Minister Gareth Evans, who will represent Australia as a dialogue partner at the Asean ministers' meeting which starts today, said
      AFP  -  235 words
    • NOTE BOOK
      • Article
        Lock icon Jakarta to act against illegal logging
        87 4 AFP JAKARTA Indonesian authorities said illegal logging in the country had reached worrying levels and pledged to take firm action to halt it, Antara news agency reported yesterday, "jt has already reached a worrying level and urgent corrective action is needed," Coordinating Minister of
        AFP  -  87 words
      • Article
        Lock icon Indon-M'sia naval exercises
        47 4 Reuter JAKARTA Indonesia and Malaysia will hold joint naval exercises next week involving 12 warships around the South China Sea, a naval spokesman said here yesterday. The spokesman said the exercises will last from July 25 to 28. She gave no further details. Reuter
        Reuter  -  47 words
      • Article
        Lock icon Hanoi plans to cut govt spending
        49 4 Reuter HANOI Vietnam's State Planning Committee has proposed measures to cut 400 billion dong (about Sss4 million) this year from government spending to help reduce the state budget deficit, a committee spokesman said yesterday. "The final figures might be different," he added. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Vietnam to merge small state firms
        71 4 Bloomberg Business News HANOI Vietnam's Prime Minister Vo Van Kiet has announced a pilot plan to create eight business conglomerates, the Vietnam News said yesterday. Small businesses will be absorbed by larger organisations in an effort to increase competitiveness in the state-run enterprise system.
        Bloomberg Business News  -  71 words
    • Article
      LNG producers planning huge investments as demand soars
      537 4  -  By S N Vasuki SINGAPORE South-east Asia's major liquefied natural gas producers Indonesia, Malaysia and Brunei are embarking on huge investment plans as the region's demand for natural gas is forecast to double to 70 million tonnes by the turn of the
      537 words
    • Article
      Singapore appoints first ambassador to Myanmar post
      241 4  -  From Loh Hui Yin in BANGKOK SINGAPORE has upgraded its diplomatic representation in Myanmar by appointing an ambassador, reflecting growing bilateral economic ties. He is career diplomat Calvin Eu Mun Hoo, who has been based in Yangon since February as the republic's charge
      241 words
    • Article
      Lock icon Former Berjaya executive to take legal action against Solomon Islands minister .
      189 4 Former Berjaya executive to take legal action against Solomon Islands minister MBT KUALA LUMPUR The former managing director of Star Harbour Timber Co Ltd, Tony Yeong, said he will take legal action against the Solomon Islands minister who accused him of a bribery attempt. Mr Yeong, who has since resigned,
      MBT  -  189 words
    • Article, Illustration
      Lock icon M'sia urged to correct EAEC misunderstanding
      309 4 Bernama TOKYO Japan has asked Malaysia to rectify US misunderstanding on the East Asia Economic Caucus (EAEC) in order for the caucus to be fully meaningful, Japanese Foreign Ministry sources said here on Wednesday. The sources told Bemama that Japan's new Deputy Prime Minister
      Bernama  -  309 words
    • Article
      Lock icon Indon army obsolete: Aussie report
      78 4 Reuter CANBERRA Indonesia's military is obsolete, eroding its ability to contribute to regional security and raising questions about internal security in the event of a presidential succession crisis, says a leaked report published yesterday. The report, compiled by the Australian embassy in Jakarta, is highly
      Reuter  -  78 words
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      536 3 Only Hi-Definition Inkjet Technology can give you the best of times. TIMES 1 TIMES i *si<v Times I Times 1 H Times 1 Times i M Without Hi-Definition Inkjet Technology magnified over 100 x. With Hi-Definition Inkjet Technology magnified over 100 x. Epson introduces the revolutionary printing Epson's only printed
      536 words
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      414 4 Wang House I 195-201 Willis Street Wellington Wang House is an excellent CBD opportunity: Modern nine level Building, parking for 28 vehicles I Freehold Site 1,202 sqm f Net Lettable Area Annual For further information contact: g The co-ordinating agent. < Auckland Wellington Singapore o Michelle McKellar Gordon Mc Gregor
      414 words
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      203 4 IN THE MATTER OF THE COMPANES ACT, CHAPTER 50 AND M THE MATTER OF SEAFIX TRADING (S) PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN purauant to Section 296 of the Companiee Act, Chapter 50 tvat a meeting of tie creators of the abovenemed Company wril beheld
      203 words
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      196 4 BUSINESS TIMES T01.1.-PRIiP THI.. No. 1-800-741-1883 1AX:741-1298 IN THE MATTER OF THE COMPANES ACT, CHAPTER 50 AND IN THE MATTER OF SEA SUN CRUISES PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Companies Act. Chapter 50 that a meeting of the
      196 words
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      298 4 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SOUTH EAST ASIA MADAGASCAR UNER CORPORATION PTE LTD NOTICE OF MEETV4G OF CREDITORS NOTICE IS HEREBY GIVEN purauant to Section 296 of the Companies Act, Chapter SO that a meeting ot the credrtors of the abovenamed
      298 words
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      315 4 IN THE MATTER OF THE COMPAMES ACT, CHAPTER 50 AND M THE MATTER OF HERITAGE CRUISE LINE PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN pursuant to Section 296 of tha Com pant aa Act. Chapter SO that a meeting of tha credrtors of tha ebovanamed Company
      315 words
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      Page 4 Advertisements Column 6
      279 4 m THE MATTER OP THE COMPANIES ATI; CAP. MAND IN TOE MATTEK OP ACTION BUTE TRADING COMPANY PRIVATE LIMITED (la Miterrt' Vataatary At aa Extraordiaary Gaatral Meetiaf of mi MM aUUtT' aotoos New Bridfi Ohm tlippnn Oltooa 18th My 1994 at 2-00 pa. the foUowiag mU moMh wm daly poaed:"That
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      Page 5 Advertisements Column 1
      300 5 LEAVE YOUR MARQUE WHEREVER YOU GO. The new BMW 520 i Executive. The BMW 520 i is, in no uncertain terms, to the exacting fraction. a visible manifestation of who you are and These factors and more make the BMW where you are goipfl. > 3T t*m 3,7 hi 520
      300 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      HK govt to implement new guidelines for land auctions
      408 6  -  From Lim Soon Neo in HONGKONG AFTER the fiasco at the land auction in late May, when property developers who joined forces apparently at the last minute bought two pieces of land at bargain priceSr the Hongkong government will introduce new
      408 words
    • Article
      Hongkong posts 7.5 pc inflation in first half
      339 6  -  From Lim Soon Neo in HONGKONG INFLATION in Hongkong in the first half of this year was 7.5 per cent, going by the Consumer Price Index (A), which measures spending patterns of about 50 per cent of households here. Latest figures from
      339 words
    • Article
      Lock icon Media giants watch with glee as China launches US-made satellite
      250 6 Reuter BEIJING China yesterday launched a US-made communications satellite atop its home-grown Long March rocket, portending what global media giants hope will be broad new access to Asia's vast television market. In a picture-perfect launch seen on worldwide television, the
      Reuter  -  250 words
    • CHINA WATCH
      • Article
        Lock icon Health insurance for Chinese farmers
        40 6 AFP BEIJING China is launching a three-year pilot programme aimed at introducing a national health insurance system for the country's 900 million farmers by the turn of the century, the China Daily said yesterday. AFP
        AFP  -  40 words
      • Article, Illustration
        Lock icon Washington apples for China
        41 6 AFP BEIJING Thomas Mathison (left) and Terry Elwell (right) of the Washington Apple Commission with US ambassador to China Stapleton Roy at a press conference on Wednesday announcing the first commercial shipment of Washington apples to China.
        AFP  -  41 words
      • Article
        Lock icon Taiwan counts cost of indirect calls
        38 6 Reuter TAIPEI Taiwan could save millions of dollars in transmission fees through third countries by allowing direct telephone links with arch-rival China, a Ministry of Transportation and Communications official said yesterday. Reuter
        Reuter  -  38 words
      • Article
        Lock icon 1997 licence plate may fetch HK$10m
        127 6 Reuter HONGKONG One of the odder souvenirs of Hongkong's handback to China vehicle number plate HK 1997 is up for sale, and the seller is expecting at least HK$lO million (551.96 million) for it, local newspapers reported yesterday. If he gets his price, Ng
        Reuter  -  127 words
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      61 6 fee HT' »*OT^MKv~;i3frif *«i I I *%m i I —ii-ni mv I#> 10 times a week, you can fly to New York and be there in time for the cocktail hour. Discover just how good flying to America can feel vnn koma ?Sf ui rwiM KSREAXAIR FLY THE SPIRIT OF
      61 words
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      113 6 NONCy ROaCH GdLLERY The specialist in European paintings and sculptures Michel Serraz "Sphinx 1" Bronze 1989,28x26x22cm Michel's sculptures are in the collection of: Musee National cT Art Moderne de Paris Musee de Mont-de-Marsan Musee de Maubeuge Hubertine Heiiermans' "Westertoren Amsterdam" Oil on canvas, IOOx 110 cm Hubertine's works can be
      113 words
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  • REST OF ASIA
    • Article
      Lock icon Supply-side data in Australia point to investment boom
      351 7 Reuter AFP CANBERRA Australian government supply-side figures show private investment is booming by contrast to demand numbers which show the opposite effect, according to figures released by the Trade Department. The department said there were reasons to believe the supply-side figures over
      Reuter; AFP  -  351 words
    • Article
      Lock icon NZ investors rediscover property market
      425 7 Reuter WELLINGTON New Zealand investors are looking again at the commercial property market, seven years after the last property boom went bust and three years into an economic recovery, analysts said. Several vehicles have been floated to meet the demand that was first noticed by
      Reuter  -  425 words
    • Article, Illustration
      Lock icon Strike at Hyundai shipyard turns violent
      267 7 Reuter SEOUL Striking shipyard workers scuffled with security guards yesterday as a dispute at South Korea's largest shipbuilder, Hyundai Heavy Industries Co Ltd, boiled over into violence. Witnesses said 3,000 workers and security guards tussled near the main gate of Hyundai Heavy's shipyard as
      Reuter  -  267 words
    • Article
      Lock icon India may ease import controls
      98 7 AFP NEW DELHI India, emboldened by record foreign currency reserves of US$l7 billion (SS2S.6 billion), has hinted at a further easing of import controls as part of its ongoing economic reform programme. The economy has never in the past experienced a more comfortable situation in
      AFP  -  98 words
    • Article
      Lock icon Growth target attainable: Murayama
      76 7 Bloomberg Business News TOKYO Prime Minister Tomiichi Murayama said the government's target of 2.4 per cent economic growth for the year to March 31, 1995, is attainable, Japan's Jiji Press wire service reported yesterday. Speaking in Parliament, Mr Murayama sa£4 the overall economy remains weak and
      Bloomberg Business News  -  76 words
    • Article
      Lock icon Japanese spending trend sluggish
      62 7 Reuter TOKYO The trend in Japan's household spending is unlikely to worsen, but its movement will probably remain sluggish,' an official of the Economic Planning Agency said yesterday: "We have the feeling that individual consumption is not likefy to worsen. There are no real negative factors
      Reuter  -  62 words
    • Article
      Lock icon S Korea's first trade surplus in '94
      68 7 AFP SEOUL South Korea chalked up the year's first monthly trade surplus of US$B9 million in June, helped by a two-digit rise in exports, the Ministry of Trade, Industry and Energy said yesterday. Exports in June ballooned by 15.5 per cent to US$B.37
      AFP  -  68 words
    • Article
      Lock icon Dhaka groups threaten holy war on Nasreen's backers
      196 7 AFP DHAKA Bangladeshi Muslim fundamentalist groups have threatened to launch a "jihad" or holy war against India and Western nations in retaliation for their support of fugitive feminist writer Taslima Nasreen. Newspapers here reported yesterday that the groups claimed that German Foreign
      AFP  -  196 words
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      32 7 Cycle A Carriage Automotive Pte Ltd. Tel: *****22. Dealers: Alpine Motors Pte Ltd, Tel: *****98 Chartorod Motor Crodit Pto Ltd, Tel *****11. Fwlco Enterprises, Tel: *****01. Newton Avt* Pto Ltd, Tel: *****77.
      32 words
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  • THE WORLD
    • Article
      Lock icon US tries new tack on China trade, human rights document
      402 8 Reuter WASHINGTON President Bill Clinton's pledge to write a code of conduct for US businesses operating in China may be broadened to a worldwide human rights code. Sources yesterday said the possible shift angered some human rights advocates, who sensed
      Reuter  -  402 words
    • WORLD WATCH
      • Article
        Clinton continues to push health plan
        57 8 WASHINGTON US President Clinton insisted on Wednesday he had not abandoned his goal of health coverage for all Americans as his aides attempted to refocus their strategy in an effort to convince members of Congress that alternative plans that have attracted support from congressional
        57 words
      • Article
        Lock icon Canada's deficit down in May
        96 8 Bloomberg Business News OTTAWA Canada's federal deficit narrowed in May amid increased revenue from higher corporate income tax collection, the Finance Department said. The monthly deficit shrank 31 per cept to C 51.62 billion (551.76 billion) in May from C 52.34 billion in 1 the
        Bloomberg Business News  -  96 words
      • Article
        Lock icon White House files on Foster sought
        97 8 NYT WASHINGTON The independent prosecutor looking into the Whitewater affair has obtained a subpoena requiring the White House to turn over all its files relating to how presidential aides handled the aftermath of the death of Vincent Foster Jr, the White House said on
        NYT  -  97 words
      • Article
        Lock icon Gatt states condemn US tuna boycott
        78 8 Reuter GfeNEVA Gatt member-countries yesterday condemned a United States trade boycott of tuna caught by methods that also kill dolphins and rejected a US call for an open discussion on the issue with environmentalists. At a meeting of the world trade watchdog's ruling Council,
        Reuter  -  78 words
      • Article
        Lock icon France posts 7.5b-franc surplus
        59 8 AFP PARIS France posted a 7.57-billion-franc (552.11 billion) trade surplus in May, slightly down from a 7.81 billion-franc surplus in April, seasonally adjusted official figures released yesterday showed. The surplus over the first five months of the year totalled 30.6 billion francs, up from 29.9 billion
        AFP  -  59 words
    • Article
      Lock icon Santer wins EU Parliament vote for executive leader by slim margin
      265 8 AFP STRASBOURG The European parliament approved by a tight margin yesterday Luxembourg Prime Minister Jacques Santer's appointment as the new executive leader of the European Union after threatening to reject his candidacy. The vote was of 260 in favour,
      AFP  -  265 words
    • Article, Illustration
      Lock icon It's been a long walk
      66 8 Reuter WASHINGTON President Bill Clinton (left) talking to Apollo XI astronauts (from left) Neil Armstrong, Buzz Aldrin and Michael Collins in front of a photograph taken by Mr Armstrong when they walked on the moon on July 20, 1969. Mr Clinton honoured the astronauts on
      Reuter  -  66 words
    • Article
      Chip boom gives wafer fabrication industry a boost
      411 8  -  By Claire Leow SINGAPORE The robust demand for semiconductors will spur the wafer fabrication industry to a 45 per cent growth this year, said leading market research firm Dataquest Inc of San Jose. More importantly, forecasts of a shortfall in memory chips
      411 words
    • Article
      UK Labour picks Blair, Prescott to lead party against ailing Tories
      340 8  -  From Neville Stack in LONDON BRITAIN'S opposition Labour Parly yesterday announced its "dream ticket" to challenge John Major's Conservative government. The new leader, 41-year-old barrister Tony Blair, will be backed up by pugnacious proletarian John Prescott. The Westminster wits
      340 words
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      141 8 AJI of these securities having been sold, this announcement appears as a matter of record only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. New Issue July 1994 Yen 100,000,000,000 Ontario Province of Ontario (Canada) V 4.40% Notes due June 20, 2001 Dalwa
      141 words
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      Page 8 Advertisements Column 2
      213 8 on CdtSriE CRE£\TEb [J BY Tt-jE LEGENDARY MOGUL.// Te legendary Kubk* Khan was not ortfy famous foe being the groat conqueror of a y Zw large empire In Chinese history. He was also f renowned for creating the art of mongo*an 1, barbecue, which became the special haHmarV of mongoton
      213 words
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      Page 8 Advertisements Column 3
      164 8 vvlll Enr I Luxury 2&3 i bedroom Villas j i Building 1,200 sq ft i -foran unbelievable j mm with land. J i 1 OCEAN BUILDING 1 r #05-10 S<0104) v TEL: 221 8888 FAX: *****93 >; I/BHSBsasfisft! Jt J»- Jt: .wul ALCAN AUSTRALIA LTD USD 175,000,000 Transferable Loan Certificate
      164 words
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      Page 9 Advertisements Column 1
      163 9 FOR ALL. NOTHING. Double airbags No extra cost. t r 16" alloy wheels No extra cost. j; Connolly leather seats No extra cost. 'i 12-disc CD player No extra cost. 100-year old genuine No extra cost. walnut wood on centre console r Classic analogue clock No extra cost. Powered driver's
      163 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Advertising expenditure rises nearly 20pc
      441 10  -  Corinne Kerk examines the breakdown for advertising expenditure for the first half of 1994, then looks at the reaction that has greeted the latest instalment of a detergent ad series Corinne Kerk TOTAL advertising expenditure for the first half of this year rose 19.8 per
      441 words
    • Article, Illustration
      French ad creates another stir
      474 10 THE SAME man who created Pan Pacific Hotel's controversial ads four years ago is at it again. Back then, award-winning Neil French came up with a series of provocative ads for the hotel's cake shop, including one with the line: "Now you can pick up
      474 words
    • Article, Illustration
      Lock icon Dunhill confident of holding its own
      797 11  -  Alfred Dunhill is extremely optimistic about the luxury goods market. Jennifer Lien finds out why Jennifer Lien FAR from disappearing, the luxury goods market will hold its own in the next few years, although the recession has changed consumers' demand patterns, says Francois Poirel,
      Photo by Chris Loh  -  797 words
    • Article, Illustration
      Lock icon Levi's Japan tapping older market with polyester jeans
      637 11 Bloomberg Business News WHEN Tsuyoshi Miura's sister returned from a business trip to Los Angeles, she dutifully brought him a souvenir: blue jeans from the Gap. Politely, Tsuyoshi declined. He only wears Levi's. But he's not sinking any money into new Levi's,
      Bloomberg Business News  -  637 words
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      76 10 At we take a HflHß|^^&^ highly balanced view Which why we believe Jl heavy the same and speed as smaller Simply because the way the world operates. For good a customer's software across quickly because we delay hardware because W( Ship It course has to be backed P«jLl*" with a
      76 words
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      105 11 W> |< your corporate to a new tufty flexible approach to valueadded services, advantage of France Telecom's outstanding reputation for quality, security and your European network needs. a complement to European network services as your exclusive partner, we can provide you with the comprehensive network tools you need to stay
      105 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      693 12 Nothing Beats A Bud. M or FRESPfI PASTA VDM LY. W From Pasta Fresca. The only restaurant to makt its own specialty pasta. Fresh, everyday. Savour perfect pizza, great C> geiati and terrific tiramisu. All topped with Italian hospitality. Po«»a Fresco Oa Sotvotor* Pt« Ltd 30 800 l Quo*. Slolo4l
      693 words
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      Page 12 Advertisements Column 2
      319 12 WHERE TO WINE, DINE AND ENTERTAIN LETS TALK OVER LUNCH Seafood Theatre Restaurant proudly presents a series of monthly luncheon talks by expert well-known personalities. July 30 Aromatherapy Total Well-being by Mrs Angelyn Lim Buffet lunch and talk at $28 nett. For enquiries, please call toll-free *****11 or *****11 ext.
      319 words
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      Page 12 Advertisements Column 3
      213 12 f 'f "Sfiiof£ round-tfu<[oc(^. Cfuuterfofj fumu of our famous tfainanese CfucUgn tjce andpopular Coconut let Cream in afresh coconut. Try than, and you'll fyow coffee shop why they are the specialties of the house. imioo. //ant6u*n QQ Cimp/per m Orchard Ho*J f i»>ynn 0971 Td *****11 r% The Saturday Buffet
      213 words
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  • LIFESTYLE
    • Article, Illustration
      Theatres on the Bay
      846 13  -  Diana Oon takes a first look at the design for Singapore's premier arts complex Diana Oon SINGAPORE took another step towards its dream of being an international entertainment centre when final design plans for the city's premier arts complex were unveiled yesterday. After spending the last
      846 words
    • Article
      Arts in Singapore can benefit from foreign talent: BG Yeo
      325 13 FOR the arts in Singapore to flourish. Singaporeans shouldn't only look inwards but welcome foreign influences if they want to reach a higher cultural level, said the Minister for Information and the Arts, George Yeo. Building an arts centre is
      325 words
    • Article
      Having a baby, Martina?
      385 13 ITALIAN gynaecologist Dr Severino Antinori said on Wednesday he had been approached by lesbian tennis star Martina Navratilova to help her to have a baby. "Yes, it's true. During the Wimbledon tournament one of Martina's agents arranged an appointment with me for her, but a few
      385 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      95 13 EXHIBITION SALE OF FINE PERSIAN, PAKISTAN, VILLAGE TRIBAL, KASHMIR, KIUMS Hd U BHHa mm ■SBy B PERSIAN TABREZ f KASHMIR SILK WOOL/SILK V 9x6' From $1.700 lax T From $1,950 6'x4'From $800 PAKISTAN 9x6; From $750 PERSIAN TRIBAL 5' x 3' From $175 6 x 4'From $250 CARPET KILIM GALLERY
      95 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1297 13 TV A RADIO? Beetiejuice, 11pm, Due to an Alec and Geena to haunt own house. When a gruesome ly moves the apprentice ghosts seek the help of Beetlejuice (Michael Keaton) to scare them away. rBu Iffl Robin Hood. Bpm. SBC 5 ff^^-' Patrick Bergin, who terrorised 455*i^| Julia Roberts in
      1,297 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      92 14 ■Br- aB^HJAAfI^B •■*«/"< i forfaft -J. ti a hi 42 iv K,s» KSiE^^^H H Rn EssE^^H fe H B l»Sl Ka^^B «impm. MR^H A vt n I UO /08 I vt: i 7 mins to Lujiazui Financial Safapwe I j^Kitl Trade Zone. I^KH lOnriastoWMgsnqiaoFree'ltadeZooe. I SQg '#Fip/$ I Marketing Agents:
      92 words
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  • SPORTS
    • Article
      Lock icon Tournament unlikely to throw up surprise winner
      618 15 US Women's Open NYT |£KE ORION, Michigan With all the sidelights swirling Kd the grounds here at the wood Golf and Country on the eve of the US tfpmen's Open a 14-year--14 player in the field, a womn competing with a bullet xjlged
      NYT  -  618 words
    • SPORT SHORTS
      • Article, Illustration
        Baseball
        68 15 iiw YORK Major League WilMsday National: Philadelphia 2 SF 9; Houston 2 St Louis O, SY 5 LA 4; Colorado 8 Chicago 9; Cincinnati 7 Florida 8; Montreal S San Diego 2; Pittsburgh 5 Atlanta 4. American: Chicago 3 Detroit 0; Milwaukee 11 Kansas City 1; Cleveland II Texas
        68 words
      • Article, Illustration
        Lock icon Basketball
        90 15 AP fUALA LUMPUR Nigeria fouled Canada in a narrow 64-59 Win, while sharp-shooters Malaysia Quashed Singapore 108-63 on the fecond day of the Commonwealth Basketball championships Wednesday. Frustrated with their opening 49*59 loss to England Tuesday, the SGgerians played ravenously for a victory against the more experienced Canadians. Malaysia,
        AP  -  90 words
      • Article, Illustration
        Lock icon Cricket
        215 15 AFP AFP LONDON Basil D'Oliveira on Wednesday denied snubbing an invitation to Thursday's historic Lord's Test match between England and South Africa. The former England Test player, whose shameful treatment by South Africa in 1968 put it on the road to its long sporting exile, says he has not
        AFP  -  215 words
      • Article, Illustration
        Lock icon Golf
        108 15 AFP LYTHAM, England Arnold Palmer shot a 3-under-par 69 in the Senior British Open on Wednesday and was tied for the first-round lead with Liam Higgins of Ireland and Alberto Croce of Italy. Palmer was six under par over the last 13 holes, making an eagle at par-5 ISth
        AFP  -  108 words
    • Article, Illustration
      Lock icon Bowling 'em over
      60 15 Reuter LONDON South African Allan Donald winding up to throw the ball during practice at Lord's cricket ground on Wednesday. Donald is rated as one of the fastest and most consistent bowlers in the world. South Africa plays England at Lord's for the first time in 29
      Reuter  -  60 words
    • Article
      Lock icon Indurain on course for fourth straight title
      364 15 Tour de France AP VAL THORENS. France Miguel Indurain is sitting in a good position in the Tour de France on course to his fourth consecutive title. Not only is he more than seven minutes ahead of his closest challenger, but he can
      AP  -  364 words
    • Article
      Second test day of reckoning for Springboks
      187 15 WELLINGTON Saturday looms as the day of reckoning for South Africa's historic first rugby union tour of New Zealand since the dismantling of apartheid. The Springboks meet the All Blacks in the second test at Wellington knowing they cannot afford to fail. They
      187 words
  • Page 15 Advertisements
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      77 15 Nick conquers... TURNBERRY H British Open '94 RAM GOLF A Better Way to Play aufully ...with Zebra the putter and RAM FX irons Sole Agent: fjKjT Pro-Golf Specialists Re Ltd V HBWP PLaza Singapore #03-27 Orchard Road, Singapore 0923 Tel: 338 6596/335 3158 Fax: 336 0841 1 Maritine Square. Wold
      77 words
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      Page 15 Advertisements Column 2
      9 15 T £i -n-ts fct?e most ■p current ESSfi--i y
      9 words
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      Page 15 Advertisements Column 3
      151 15 TOM^RE^™?T^!^?oS4l!lBB^^Mx!WTl3B LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that I, KOH SEOW HONC of 10, Surin Lane, Singapore 1953 have applied for a Beer House Second Class Licence in respect of premises at M/s Kim Toh Realty Company Pte. Ltd. at 416 Upper Paya Lebar Road, Singapore 1953 and that
      151 words
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      Page 15 Advertisements Column 4
      395 15 NOTICE NOTICE IS HEREBY GIVEN that, I LIM KUONG KWOK of 164 Lentor Loop #06-01 Singapore 2678, have applied for a Beer House 2nd Class Licence in respect of premises at M/s Yong Yi Restaurant at 54A Kallang Pudding Road Singapore 1334, and that this application will be heard in
      395 words
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      Page 15 Advertisements Column 5
      170 15 ORCHARD PARADE HOLDINGS LIMITED (Incorporated In Singapors) LOST SHARE CERTIFICATE Snare certificate no. *****3 covering 200 shares in the name of Lity Lim hae been reported loet. destroyed or mMad. NOTICE IS HEREBY GIVEN that new certificate wi* be issued and the above original certificate vwM be deemed duty cancelled
      170 words
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  • Article
    Self-Defence Forces no more?
    496 16 WHETHER viewed as a bold acceptance of reality or a brazen act of political expediency, Japanese Prime Minister Tomiichi Murayama's about-face on the constitutional legitimacy of the nation's Self-Defence Forces (SDF) signals a change in Japan's future military posture. It clearly would have been inconceivable for
    496 words
  • WHAT THE OTHERS SAY
    • Article
      Rough patch for KMT
      231 16 TAIWAN'S ruling party, the Kuomintang (KMT), is going through a rough patch. In two local elections held last weekend to choose 2,606 township representatives and 3,164 community chiefs, it won more than 67 per cent of the contested seats. That would have been a significant victory,
      231 words
    • Article
      Catch courteous road users
      193 16 IT IS very important to make road courtesy part of our life because it directly involves the safety of our road users. There is no point in having good roads if people don't feel safe driving or using our roads. But promoting road courtesy is not
      193 words
    • Article
      Modify the NMP system
      180 16 HOW SHOULD the performance of the six outgoing Nominated Members of Parliament (NMPs) be rated? Although it may be hard to reach a consensus on their individual performances, it can be said generally that they have injected new vitality into parliamentary debates. It is perhaps not
      180 words
    • Article
      Awaiting US resolve
      144 16 IT IS DIFFICULT not to suspect that US policy in Haiti is influenced more by domestic developments in America than by matters of principle. If the US is to invade Haiti, Washington should first have clear objectives and a clear timetable for withdrawal. The US must also
      144 words
    • Article
      Don't muzzle the watchdog
      194 16 SINCE the Kuala Lumpur Stock Exchange made it compulsory for all listed companies to have audit committees last year, there has been a rush to appoint reputable persons as independent, non-executive directors who can be named as members of audit committees. Many of these recently-appointed non-executive
      194 words
    • Article
      New hope in the Middle East
      130 16 AT THE END of their meeting yesterday, Israel and Jordan appeared to be bathing in a bit more light from the end of the tunnel of the Middle East crisis. So with all the steps in the right direction, it seems now that US
      130 words
  • Article, Illustration
    Jobs in Japan: a brave new world taking shape
    916 16  -  Tokyo foresees big changes in the labour market as the economy takes on a different look and as a shrinking of the workforce looms. Anthony "Rowley reports Anthony Rowley The writer is BT's Tokyo Correspondent JAPAN'S Ministry of Labour has formulated
    916 words
  • Page 16 Advertisements
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      92 16 jutlOl JJ'j 'J '4r J *-> > >n irjjl riKjVf? .;-,h VACHERON CONSTANTIN Geneva, since 1755 The world's oldest watch manufacturer Sole Agent and Sen/ice Centre: Luxtime Singapore Pte Ltd, 391 -B Orchard Road #15-08, Ngee Ann City, Singapore 0923. Tel: (65) *****78 Fax: (65) *****74 Luxtime Malaysia Sdn Bhd,
      92 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      72 16 I.il»ki>you Nevec. SHOULD UP N* DON'T approve OF (vou uerr rv\e.dcxjmA '2*^££r 7n'?."• ?dl Y IoG-PvR\MG itJ his \fcg\STQuJ.... i I qlg. J \TvbN. W «ASSOCIATED NOWMM LTO, INMM4 J DOONESBURY GARRY TRUDEAU 111! tarn B.n.couu*rr atw-W tvgotvmz V so&xowt I AUWW* 111 e&iM &*A[pp T POfUP I MB&A CUJIBVS,
      72 words
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  • ANALYSIS
    • Article, Illustration
      Misinterpreting East Asia's 'economic miracle'
      1960 17  -  Most Western commentators have painted East Asian economies either black or white, unable to discern the grey- Vikram Khanna reviews a new book which contains insights that provoke and challenge the reader, but typically lacks a balance in analysing East Asia's success Vikram Khanna The
      1,960 words
    • Article
      Lock icon The reincarnation of Bretton Woods
      1268 17  -  Peter Passell reports on the case for, and opposition to, a planned two-stage revival Peter Passell NYT AHALF century after the about-to-be victorious allies of World War II put in place bold plans for a global financial system and two decades after that system was
      NYT  -  1,268 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      436 17 Steamers Maritime Holdings Limited (Incorporated In the Republic ot Singapore) THE RENOUNCEABLE RIGHTS ISSUE (THE "RIGHTS ISSUE") OF 33,510,193 NEW ORDINARY SHARES OF $0.20 EACH ("RIGHTS SHARES") AT $1.00 FOR EACH RIGHTS SHARE PAYABLE IN FULL ON ACCEPTANCE OR APPLICATION AND ON THE BASIS OF ONE (1) RIGHTS SHARE FOR
      436 words
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  • Article
    Lock icon Further fall in US$ will crimp global economy: US official
    455 18 Summers' remarks send dollar surging against mark, yen Reuter WASHINGTON In remarks that sent the US dollar surging, US Treasury Undersecretary Lawrence Summers said that a further drop in the value of the US dollar would crimp the global economy
    Reuter  -  455 words
  • Article
    Lock icon China manipulates exchange rates, says US
    242 18 AFP WASHINGTON China has manipulated exchange rates to hold the value of its currency down to make its exports relatively cheaper than foreign competition, the United States Treasury Department said yesterday. "Treasury urges the Chinese authorities to eliminate the segmentation of the foreign exchange
    AFP  -  242 words
  • Article
    Lock icon Mieno says Japan heading for economic recovery
    251 18 AFP Knight-Ridder TOKYO While Bank of Japan governor Yasushi Mieno yesterday said the nation was at last heading for economic recovery, a senior BoJ official gave a more cautious assessment, saying the economy still had elements of risk and uncertainty. Mr Mieno, speaking
    AFP; Knight-Ridder  -  251 words
  • Article, Illustration
    Lock icon United they stand
    42 18 Reuter JOHANNESBURG Black and white members of the National Union of Mine workers of South Africa walking arm in arm during a march yesterday on offices of the steel and metal industries to back demands for higher wages. Reuter
    Reuter  -  42 words
  • Article
    Megatest opens Asia-Pacific HQ in Singapore
    383 18  -  By Juliette Walker SINGAPORE Californiabased Megatest Corporation has set up its Asia-Pacific headquarters here in response to the semiconductor industry's explosive demand for its automatic test equipment. Megatest has seen its Asian sales average 27 per cent growth a year since 1991, Pascal Didier,
    383 words
  • Article
    Lock icon UMBC chairman refutes claims of irregularities
    141 18 MBT KUALA LUMPUR Allegations of irregularities and doubtful loans at United Malayan Banking Corporation Bhd (UMBC) were refuted yesterday by UMBC chairman Mohamed Noor Yusof, who said that he did not know of any probe by Bank Negara Malaysia into the bank. He said
    MBT  -  141 words
  • Article
    Lock icon Bundesbank keeps key interest rates unchanged
    363 18 AP Bloomberg Business News BERLIN Germany's central bank left its two main interest rates unchanged yesterday but shaved three-hundredths of a point ofT a secondary rate that influences money-market rates. The Bundesbank's policymaking Central Bank Council also announced after its regular biweekly meeting in
    AP; Bloomberg Business News  -  363 words
  • Article, Illustration
    Confronting the challenge of a growing demographic divide
    881 18  -  The Bottom Line PAUL KENNEDY PAUL KENNEDY Paul Kennedy, historian and author of 'The Rise and Fall of Great Powers' and Preparing for the 21 st Century', is co-director of the Independent Working Group on the Future of the United Nations. This
    881 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      50 18 \_?":@,}<]<'\&>"+['.&+(\]**&?!* Singapore Kuala Lumpur NGEE ANN OOEON TOWERS MENARA IMC CITY (Opp Rafflm tJ (Opp Shangri-La Hotal) (Orchard Road) Houi) A QUALITY INSTANT OFFICES T«l I 65-*****43 Fax 65-*****76 If you just want a prestigious address, a secretary to answer your telephone calls, a fax and more call us at
      50 words
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      Page 18 Advertisements Column 2
      61 18 .:$^(("=.*.}_$$$)&)+)"^<~'[;>'} Since 1 January 1994, SAVILLS HAS ACQUIRED £104,000,000 OF COMMERCIAL PROPERTY IN LONDON, AND THROUGHOUT THE U.K. FOR THEIR CLIENTS. For further information, please contact: In association with Savills BilrHl I SAVILLS I 71 409 8760 J J i. Lt 20 Grosvenor Hill Berkeley. Square. 268 Orchard Road #06-03.
      61 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        41 19 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Baring. Daiwa, Fraser. GK Goh. Morgan Grenfell. Nomura. Phillip. Smith New Court and SG Warburg.
        41 words
      • Article, Illustration
        HOT STOCK
        146 19  -  -By Paul Leo CENTREPOINT PROPERTIES has fallen to $2.82 from its peak of $3.34 on May 2. Short and medium-term technical factors are bullish. A divergence pattern on the daily chart, where the Relative Strength Index makes higher lows while prices decline, indicates that a rally is on
        146 words
    • Article
      Sime to buy loss-making UK refrigeration firm
      311 19  -  From Ho Kay Tat in KUALA LUMPUR CONGLOMERATE Sime Darby Bhd has hit the acquisition trail by offering to buy loss-making British company Lec Refrigeration pic for £21.7 million (5550.5 million). The deal, to be carried out via its subsidiary Sime Darby London
      311 words
    • Article
      Topgroup to buy US air-con maker
      306 19  -  From Ho Kay Tat in KUALA LUMPUR TOPGROUP Holdings Bhd, which is 20-per cent owned by Berjaya Singer Bhd, yesterday signed an agreement to buy US-based air-condition-ing compressor maker Dun-ham-Bush for U5541,572 million (5562.7 million). Topgroup, which was listed on the stock exchange only
      306 words
    • Article
      Remisiers flood share market but many spend idle hours
      448 19  -  By Quah Hiang Whai SINGAPORE Despite low stock market turnover, remisiers continue to flood the stockbroking industry, worrying some industry members. As at June 30 this year, there were 1,521 remisiers, up by 400 or 36 per cent from 1,118 at
      448 words
    • Article
      Sunshine buys assets of M'sian sweets firm
      135 19 SINGAPORE Confectionery group Sunshine Allied has agreed with receivers to buy the assets of Charles Candy, a confectionery maker based in Bangi, Malaysia, for about $7.7 million. The conditional agreement, which is subject to approval by the Malaysian authorities, involves the purchase of
      135 words
    • Article, Illustration
      Aokam's modest China timber projects offer glimpse of possibilities ahead
      796 19  -  HOCK LOCK SIEW By i Agnes Chen SINGAPORE After a yearlong wait, the announcement by Aokam Perdana Bhd of two China timber projects barely caused a stir in the market. If anything, it was a bit of a letdown. The
      796 words
    • Article
      Eng Wah sets strike price of 66 cents
      265 19 SINGAPORE The strike price for the 12.3 million tender shares issued by cinema operator and film distributor Eng Wah Organisation is 66 cents, or one cent above the minimum bid. Eng Wah received tender bids varying between 65 cents and $7.80 a
      265 words
    • Article
      Hai Sun Hup funding A$ 99m hotel deal from earlier issue
      267 19 SINGAPORE Hai Sun Hup intends to use the proceeds of two earlier fund-raising exercises to pay for its acquisition of two hotels in Australia for As 99 million (Sslo9 million). The hotels are the 228room Ramada Hotel North Ryde
      267 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Venture's rights fully subscribed
          75 20 SINGAPORE Venture Manufacturing's rights issue of loan stock with warrants has been fully subscribed. The company said yesterday it received 99.8 per cent acceptances worth $27.14 million and 1.9 per cent excess applications worth $517,253. Venture issued $27.2 million worth of 2.5 per cent unsecured loan
          75 words
        • Article
          Appointments at WBL
          47 20 SINGAPORE Wong Chun Win has been appointed deputy chairman of WBL Corp subsidiary Wearnes Technology. Lee Ying Chuen has been appointed managing director and Chris Yong deputy managing director. Tang Peng San has been appointed chief executive of Wearnes Peripherals, a Wearnes Technology subsidiary.
          47 words
        • Article
          UOB on ICB's price rise
          54 20 SINGAPORE United Overseas Bank said yesterday it was not aware of any interest by the Hong Leong group in its subsidiary Industrial Commercial Bank. Talk of a Hong Leong takeover pushed ICB's share price up 40 cents to $5.85 on Wednesday. ICB closed 10 cents
          54 words
        • Article
          Teck Wah drops Tuas plan
          45 20 SINGAPORE Teck Wah has dropped a plan to buy a plot of jand in Tuas for $2.7 million. The company said yesterday that Jurong Town Corp did not approve the sale by vendor Chye Joo Teck Wah did not elaborate.
          45 words
        • Article
          Lock icon F&N takes over Magnolia brand
          69 20 Bernama -KUALA LUMPUR F&N Dairies (M) Sdn Bhd will take over the marketing of the Magnolia brand of dairy products from its Jfister-company, Asia Dairies Pte Ltd, a subsidiary of Singaporelisted Fraser Neave Ltd. Asia Dairies yesterday said the sive-year licensing of the Magnolia brand
          Bernama  -  69 words
      • Article
        Major Thai banks expected to turn in strong results
        458 20  -  From Loh Hui Yin in BANGKOK AN EXPANDING economy, generous interest margins, and more revenue from fee-based activities are among the factors which should lead to strong performances by Thailand's major banks in the first half of this year. This was
        458 words
      • Article
        Kepphil issues 140 m shares to fund Subic Shipyard stake
        405 20  -  By Alec Almazan SINGAPORE Kepphil Shipyard has raised 560 million pesos (5531.8 million) from the sale of 140 million shares to Philippine and foreign investors through a private placement. The foreign buyers include various regional and global emerging market funds,
        405 words
      • Article, Illustration
        Indon shrimp exporter eyes growth through 57b rupiah rights issue
        506 20  -  By William Chia SINGAPORE Indonesia's largest shrimp and cashew nut exporter, PT Sekar Bumi. is offering 23.1 million rights shares on a 3-for-lO basis to raise 57.8 billion rupiah (5540.5 million). President director Harry Lukmito, who was in Singapore for
        506 words
      • Article
        Lock icon Asian stock rally on the way: Baring's strategist
        177 20 Reuter SINGAPORE Baring Securities' market gum Alan ButlerHenderson has turned bullish on Asian equities, forecasting Hongkong and Thailand markets will lead a rally possibly six to nine months long. Mr Butler-Henderson yesterday said that he was convinced the equities markets were poised
        Reuter  -  177 words
      • Article
        Lock icon Renong invited to join India expressway project
        169 20 Bernama KUALA LUMPUR Renong Berhad, a local conglomerate involved in the construction business, has been invited to participate in a massive 10,000 km expressway project in India, Works Minister Leo Moggie said yesterday. He said Renong was asked by the Indian government to
        Bernama  -  169 words
      • Article
        UNIT TRUSTS & FUNDS
        503 20 UNIT TRUSTS FUNDS ■Ueegw*'prices Jul 22 Shcnton Inoomc 0.998 I 008xd(8 T Shcnton Thrift Fd 1.335 1.335(8 Smppore omt inisi sh Asuiv Fund om o.st@ The Commerce 1.61 1.70 Mcndaki Gf Fund I.IS l.l8g The Savings Fund 1.53 1.62 US Gr Fund 0.99 103** S pore Prog Fund 0.69 0.73
        503 words
      • Article
        Lock icon Tata denies flagship Tisco faces specific takeover threat
        278 22 AFP NEW DELHI Indian industrialist Ratan Tata has moved to defuse a corporate furore by denying the existence of a specific takeover threat against the flagship company of his Tata group. Mr Tata said on Wednesday he had "no specific knowledge of
        AFP  -  278 words
      • Article
        Lock icon Analysts likely to roll back HK banks' profit forecasts
        272 22 Reuter HONGKONG Analysts are likely to lower their profit forecasts for most of Hongkong's banks after Bank of East Asia reported lower-than-expected half-year net profit yesterday. Bank of East Asia reported a 12.1 per cent gain in net profit to HK5222.18
        Reuter  -  272 words
      • Article
        Lock icon Coles buys back 21pc stake from Kmart of US for A$ l.26b
        234 22 Bloomberg Business News SYDNEY Australian retailer Coles Myer said it reached agreement with Kmart Corp of the US to buy back Kmart's 21.45 per cent stake in Coles in a transaction valued at A 51.26 billion (Ssl.4 billion).
        Bloomberg Business News  -  234 words
      • COMPANY BRIEFS
        • Article
          Lock icon Qingling starts selling H shares
          105 22 Bloomberg Business News HONGKONG China's state-owned Qingling Motors has started placing shares with international investors ahead of its planned H share trading debut in Hongkong on Aug 17, issue sponsor Smith Barney Shearson (Asia) said yesterday. Qingling, which makes Isuzu light trucks and minibuses, is
          Bloomberg Business News  -  105 words
        • Article
          Lock icon Sony to close camera parts factory
          82 22 Bloomberg Business News TOKYO Sony Corp will close a video camera parts factory in Japan next March with no specific plans to restart production. All of the plant's 210 employees less than one per cent of the company's total workers in Japan will be
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Cheung Kong may raise note sale size
          110 22 Bloomberg Business News HONGKONG Cheung Kong Holdings, one of Hongkong's largest property developers, said that it might increase the size of its US$3OO million (***** million) note issue by as much as US$lOO million, the South China Morning Post reported yesterday. The proceeds
          Bloomberg Business News  -  110 words
        • Article
          Lock icon Carr Indosuez issues Hopewell warrants
          82 22 Reuter HONGKONG Carr Indosuez Asia (Derivatives) Ltd has issued 200 million covered warrants on Hopewell Holdings Ltd at HKSI.4S (550.28), the company's risk manager Alistair Candlish said yesterday. Each 18-month call warrant entitles the holder to one Hopewell share at a strike price of HKS6.SO.
          Reuter  -  82 words
    • US CORPORATE RESULTS
      • Article
        Lock icon AT&T rings in 12pc rise in second-quarter net income
        484 23 Bloomberg Business News NEW YORK AT&T Corp yesterday said its second-quar-ter net income rose 12 per cent, paced by revenue increases in its long-distance, financial services, and equipment operations. The largest provider of long-distance services in the US, however, continues to
        Bloomberg Business News  -  484 words
      • Article
        Lock icon AMR profits more than treble despite drop in revenue
        224 23 NYT DALLAS The parent of American Airlines, AMR Coip, said on Wednesday that its earnings more than trebled in the second quarter despite a 2.6 per cent decline in revenue. While AMR executives said they were "encouraged" by the results, they
        NYT  -  224 words
      • Article, Illustration
        Lock icon Microsoft exceeds expectations with 29pc profit rise in 4th quarter
        311 23 Bloomberg Business News WASHINGTON Microsoft Corp, the world's largest independent software company, said its fiscal fourth-quarter earnings before extraordinary items rose 29 per cent, beating Wall Street estimates. The Redmond, Washing-ton-based company said continued strong sales of its Microsoft Office
        Bloomberg Business News  -  311 words
      • Article
        Lock icon Salomon posts a record US$ 204m loss
        389 23 Bloomberg Business News NEW YORK Salomon Inc, suffering from declining values of stocks and bonds at its brokerage unit, yesterday said it lost a record US$2O4 million (Ss3oB million) in the second quarter. Salomon's loss totalled US$2.OB a share. In the second quarter
        Bloomberg Business News  -  389 words
      • Article
        Lock icon Revamp helps Sears post strong gains in earnings
        326 23 NYT CHICAGO Sears, Roebuck Co, showing strong gains in merchandising and insurance, said on Wednesday that net income from its continuing operations rose 9 per cent in the second quarter. Net income actually fell, to U*****.4 million (*****.2 million) from USSI billion
        NYT  -  326 words
      • OTHER RESULTS
        • Article
          Lock icon Union Carbide: up 78%
          105 23 Bloomberg Business News DANBURY, Connecticut Union Carbide Corp said its sec-ond-quarter earnings jumped 78% on lower costs and higher plastic prices. The maker of chemicals and plastics said net income rose to US$7O million (SSIOS million), or 44 US cents a share, from USs4lm, or 24
          Bloomberg Business News  -  105 words
        • Article
          Lock icon Colgate-Palmolive: up 4%
          88 23 Bloomberg Business News NEW YORK Colgate-Palmolive Co said its second-quarter profit rose a less-than-expected 4% as poor results in North America dragged down results. The consumer products giant said profit from operations rose to US$ 147.7 m, or 97 US cents a share, compared with net income
          Bloomberg Business News  -  88 words
        • Article
          Lock icon Bell Atlantic: US$ 4l5 m profit
          60 23 Bloomberg Business News PHILADELPHIA Bell Atlantic Corp said it posted secondquarter net profit of USs4ls.4m, or 95 US cents a share, compared with profit from operations of USs4o2.sm. or 92 US cents a share. The results for the regional Bell telephone company were above
          Bloomberg Business News  -  60 words
        • Article
          Lock icon Caterpillar: US$ 240m profit
          86 23 Reuter PEORIA. Illinois Caterpillar Inc said it appeared that labour problems at several of its plants would have minimal impact on sales and profit for the full-year 1994, even if the current strike continued. On June 21, the United Auto Workers struck at eight US facilities,
          Reuter  -  86 words
        • Article
          Lock icon Dean Witter: up 32%
          60 23 Bloomberg Business News NEW YORK Dean Witter, Discover Co said second-quar-ter earnings rose 32%, powered by its credit-card division. Profits at the company, which includes the Discover credit card and Dean Witter Reynolds Inc, rose to USs2o6.9m, or US$l.2l a share, from USsls7.lm, or 92 US
          Bloomberg Business News  -  60 words
        • Article
          Lock icon Monsanto: up 29pc
          57 23 Bloomberg Business News ST LOUIS Monsanto Co said earnings in the second quarter jumped 29%. boosted by strong performance in its agricultural and chemicals businesses. Net income at the chemical, pharmaceutical, and agricultural products company rose to US$25B million, or US$2.l9 a share, from US$2OO million, or
          Bloomberg Business News  -  57 words
        • Article
          Lock icon Computer Associates: profit doubles
          71 23 Bloomberg Business News ISLANDIA, New York Computer Associates International Inc said its fiscal first-quarter earnings from operations doubled on strong sales of software for mid-range computers. The secondlargest independent software company in the world said profit from operations in the quarter ended June 30 rose to
          Bloomberg Business News  -  71 words
      • Article
        Lock icon Merck says forex had no impact on sales growth
        174 23 Reuter NEW JERSEY Merck Co Inc on Wednesday said foreign exchange had essentially no impact on second quarter sales growth as compared with a one percentage point reduction in the first quarter of 1994. It said price increases had virtually no
        Reuter  -  174 words
    • FINANCE & COMMODITIES
      • Article
        Simex in working tie-up with Tokyo and Osaka exchanges
        380 24  -  By Sob Tiang Keng SINGAPORE I he Singapore International Monetary Exchange has agreed to establish a "co-operative relationship" with the lokyo Stock. Exchange and the Osaka Securities Exchange to check market manipulation and unfair trading practices. The agreement was reached yesterdas
        380 words
      • Article
        UOB named best S'pore bank in Euromoney awards
        375 24  -  By Quak Hiang Whai SINGAPORE United Overseas Bank has been voted the best Singapore bank by financial magazine Euro money. And Kim Eng Securities has been voted best securities house, while British merchant bank Morgan Grenfell came in as a surprise choice
        375 words
      • Article
        OUB gets nod to set up in Yangon
        119 24 SINGAPORE Overseas Union Bank has obtained approval from the Myanmar banking authorities to set up in the capital, Yangon. A Reuters report yesterday quoted Myanmar state television as saying the central bank had issued licences to Overseas Union Bank and Thailand's Bank
        119 words
      • Article
        Lock icon Vietnam Frontier Fund closes fully subscribed
        275 24 Bloomberg Business News HANOI Bangkok venture capital group Finansa Thai closed its US$5O million (Ss76 million) Vietnam Frontier Fund fully subscribed by investors, the company said. The partly-paid Frontier Fund, one of several major country funds set up to invest solely in Vietnam's developing
        Bloomberg Business News  -  275 words
      • Article
        Lock icon Russian oil producer to raise US$ 10b overseas
        171 24 Platt's Oilgram HOUSTON Lukoil estimates that planned foreign stock offerings should raise about USSIO billion (SSIS.I billion) that could be used in its drive to expand both Russian and foreign operations as it strives to turn itself into one of the world's
        — Platt's Oilgram  -  171 words
      • Article
        Lock icon Oil prices edge higher
        198 24 UPI LONDON Oil prices edged higher yesterday as the spotlight remained on Opec producer Nigeria, almost three weeks into pro-democracy strikes by oil and other workers. Amid nervous low-volume trading, world benchmark September Brent Blend crude oil futures stood at U5517.57, up 11 cents a barrel
        UPI  -  198 words
      • Article, Illustration
        Untitled
        1299 24 IraJe-neifhled index calculated against Spare's top 14 iradmt partners. Base year IW US$/S$ forward rates Noon July 21 s$ Bid Oder 1-month 1.307) I 5089 2-month I.$064 I 5078 3-month ***** 1 5068 6-month 1.3016 1.5036 Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9tm m My 21
        1,299 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        133 24 THE US$ opened lower across the board yesterday morning despite renewed expectations of an imminent discount rate hike as Federal Reserve chairman Alan Greenspan warned about creeping inflation and increased economic activity in his testimony before the American congress. Against the Ss, the (JSS opened
        Charts by Dow Jones Telerate  -  133 words
      • Article
        Lock icon London
        195 24 AFP LONDON The dollar continued to fall yesterday as the central council of the Bundesbank was preparing to hold its last meeting before the summer holidays. Most analysts did not expect the bank to chanae its key interest rates. The dollar fell to 1.5615 marks from 1.5647 at the
        AFP  -  195 words
      • Article
        Lock icon New York
        92 24 Bloomberg Business News NEW YORK The dollar was mixed against major currencies after Treasury Undersecretary Lawrence Summers said a stronger dollar would help restore confidence in US financial markets. Mr Summers' comments are the latest in a series showing that the Clinton administration no longer wants a weaker
        Bloomberg Business News  -  92 words
      • Article
        Lock icon Russian oil curbs threaten Kazakh foreign investment
        491 24 Reuter ALMA-ATA Russian restrictions on oil exports from Kazakhstan have thrown in doubt billions of dollars in foreign investment around the Caspian Sea and raised suspicions among Western firms about Moscow's motives. Senior oil industry executives are watching closely problems experienced by US
        Reuter  -  491 words
      • Article, Illustration
        Lock icon Copper price surges to high as speculators move in
        298 24 Reuter LONDON Copper prices, already buoyed by growing demand in industry, surged to a two-year high on Wednesday as speculators bought up the metal, betting that it was destined for further gains, traders and analysts said. London Metal Exchange (LME) prices
        Reuter  -  298 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end lower on light selling
        1226 25 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars futures ended lower yesterday after a day of steady selling linked to overnight comments from Federal Reserve chairman Alan Greenspan that there might be more credit tightening in store to stem inflation. Dealers said the selling wasn't dramatic
        Reuter  -  1,226 words
      • Article
        KL tin lower on falls in London
        655 25 COMMODITY REPORTS KL Tin KUALA LUMPUR: Tin eased eight cents to close at M$ 13.95 a kg on falls in London and a higher local premium, dealers said. The easier close came a day after it broke a 16-day stay in the MSI3
        655 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Firm buys palm olein to cover shorts
          53 25 SINGAPORE A big Indonesian trade house this week bought about 3,000 tonnes of Malaysian palm olein to cover a short position, dealers said. The shipment is for last-half August. Dealers said the firm earlier had contracted to sell palm olein at around USSS4S
          53 words
        • Article
          Rain delays Thai soybean harvest
          58 25 BANGKOK Rain is delaying the start of Thailand's upcoming soybean harvest to the end of August from the more normal end of July, industry officials here said. But feed mills are well-covered and will not need to import until October shipment, when Indian meal will
          58 words
        • Article
          Drop in Malaysian tin output
          102 25 KUALA LUMPUR Malaysia's tin output in the January-April period was 2,200 tonnes, down from 4,236 a year earlier, state-owned Bernama news agency reported quoting the Statistics Department. Tin imports in January-April were 11,194 tonnes, up from 7,500 a year earlier. Main suppliers were Peru, with
          102 words
        • Article
          AMLC may start beef grading system
          72 25 SYDNEY The Australian Meat and Livestock Corporation is deciding to introduce a grading system for the domestic market as part of a strategy to halt declining consumption. AMLC board member Ron Cotton said a grading system might help to prevent the slide in domestic
          72 words
    • Article
      COMMODITY PRICES
      1448 25 Rubber Singapore Commodity Exctiango (futures dosing M at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 94 208.50 208 50 211.00 TsO 750 Sep 206.00 100 3300 Oct 197.00 189 50 198.50 275 3850 Nov 197.00 189.50 197.00 175 3850
      1,448 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1139 26 -29.4 Fears of higher interest rates in the US spilled over into the Australian share market, taking it to a weaker close for the first time in more than a week. The All Ordinaries Index ended at 2049.2, down 29.4 points, or 1.4 per cent. The market's positive run
        1,139 words
      • Article
        Taipei
        611 26 103.40 Share prices closed at their highest level since June 1990 with papers leading the rally while plastics halted three days of falls to resume upward momentum, brokers said. The index ended up 103.40 points, or 1.6 per cent, at 6,577.70, its highest since 6,602.12 on June 7, 1990.
        611 words
      • Article
        New Zealand
        289 26 •18.74 Shares buckled under the weight of selling from one large foreign portfolio to close weaker on the day. Turnover, worth NZ$l57 million, was the highest seen in several months but brokers said there had been a fair degree of duplication as the portfolio was sold to one
        289 words
      • Article
        Manila
        616 26 •14.92 Share prices closed lower for the second straight day as investors continued to take profits, brokers said. "People just took profits over gains made in the past week, said Raph Mondragon of DBS Securities. The composite index ended 14.92 points weaker at 2,648.54 points on a volume of
        616 words
      • Article
        Seoul
        385 26 -1.32 Stocks showed no sign of escaping from their current summertime doldrums, the index closing lower for the seventh consecutive session. But brokers said low-priced small-capitalised counters, lightly weighted on the index, attracted investors' interest. The Composite Stock Index shed 1.32 points to 935.35. Losers led gainers by 418
        385 words
      • Article
        Bombay
        56 26 •12.25 Share prices ended slightly lower in a dull session during which prices barely moved as investors waited to guage market sentiment, brokers said. The Bombay Stock Exchange (BSE) 30-share index closed at a provisional 4,098.61, down 12.25 points from the previous close. The 100-share national index closed 5.97
        56 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        687 26 CopyrighiC 1991 Morgan Stanley Capital International Britannia Funds Steriiag Cath BM Offer Mim Cap Deposit 3*6400 3* 6500 Mim Join oik Al*93 ***** Mini Mai Intone *0.9)00 ****** USS Cash Income Pha Fond 10.0700 10 6100 PS S Rewrve Fund 3.2*00 5 2900 Ewe Prrfocmanct _0.4392 0 49M Far Em
        687 words
      • Article
        London
        655 26 +17.9 Shares on the London Stock Exchange closed higher yesterday, boosted by a firming dollar and active buying in the futures market. The blue-chip Financial Times Stock Exchange 100share index was at 3,095.1, up 17.9 points. The narrower Financial Times 30 index was at 2,404.7 points, down 11.0 points.
        655 words
      • Article
        Paris
        146 26 Stocks rose as investors saw signs that a rallying dollar will restore confidence in the world's financial markets. "A stronger dollar helps European economies in general because it boosts our exports," said Loic Pelichet, a trader at Oddo brokerage. Americans have more buying power to buy French goods when
        146 words
      • Article
        Frankfurt
        168 26 +6.64 Shares pulled up from bourse closing lows in electronic IBIS trade but dwindling volume, profit-taking seen capping scope for recovery. Traders playing down impact of Bundesbank decision to leave discount, Lombard rates unchanged. The Dax Index was at 2,119.94, up 6.64 points from the close but down 1.03
        168 words
      • Article
        Brussels
        118 26 Closed The share market was closed for the National Day holiday. The market will reopen today. On Wednesday, the Bel--20 index of leading shares closed up 3.67 points to 1,428.51. Brussels M N Fraan 47FORWARD MARKET AC Fia 2S55 uncfc Accc 2550 Artwd 44S0 4- 10 Attar »I0 4
        118 words
      • Article
        Zurich
        300 26 +9.86 Switzerland's leading stocks rose for the third day, as Nestle half-year sales boosted industrial stocks, but banking shares sufTered on interest rate worries after German rates were left unchanged. Tne Swiss Market Index of the top 23 stocks gained 17.1 points, or 0.67 per cent, to 2579.4 points,
        300 words
      • Article
        New York
        713 26 •21.04 Stocks opened lower yesterday morning, a day after the market weakened on fear of higher interest rates inspired by remarks from the nation's top banker. Despite early indications that buyers would emerge on the strength of some strong corporate earnings results, there was little purchasing action on
        713 words
      • Article
        Milan
        159 26 +83 Stocks closed higher for a third day as news that inflation slowed to a 25-year low overshadowed concern about the stability of the government. The statistical office of the city of Bologna said Italian consumer prices are growing 3.5 per cent this month compared to a year earlier,
        159 words
      • Article
        Toronto
        298 26 -18.40 Stocks eased early yesterday as investors beset by interest rate fears backed off and assimilated the recent run-up in equities, traders said. "I think inflation fears are still here but I really think the market is mostly taking a rest," one trader said. The TSE 300 Composite Index
        298 words
      • Article
        Amsterdam
        253 26 +1.24 Stocks closed higher, erasing previous day's fall, as the stronger dollar fueled hopes of higher earnings for Dutch companies selling in the US. The Amsterdam EOE Index of 25 leading stocks closed 1.24 points higher at 399.04, after losing 1.32 points, its first fall since June 15. The
        253 words
      • Article
        Johannesburg
        319 26 -26 Shares ended mixed yesterday after a disappointing Wednesday performance from Wall Street and golds, dealers said. They said support had appeared for industrial shares, but overall the market had tended softer in search of fresh direction. Traders said investors were wary of current strike action at Pick'n Pay
        319 words
    • Article, Illustration
      Lock icon HONGKONG
      2876 27 Reuter HONGKONG Stocks finished moderately lower in late trade after a wave of bargain hunting pushed the Hang Seng Index back above the 9,100 benchmark, brokers said. The blue chip indicator ended 71.16 points, or 0.77 per cent, lower at 9,117.66, having once lagged by 160 points. "While speculative
      Reuter; Source: Bridge Info  -  2,876 words
    • Article, Illustration
      CHINA
      512 27 THE Shanghai "B" Index retreated another 0.6 per cent yesterday. Turnover remained very low at US$l.27 million. Diesel Engine is the only counter with more than US$O.2 million turnover. The top gainer is Automatic Instrument and Phoenix Bicycle, which rose 1.9 per cent. The worst performer is Dazhong, whose
      512 words
    • Article, Illustration
      Lock icon TOKYO
      2504 27 Reuter TOKYO Stocks closed lower as major investors took a wait-and-see attitude and a lack of news kept trade subdued yesterday, brokers said. Sporadic index-linked selling, sparked by weak futures, hit share prices, while buy orders from public funds supported the bottom, they said. "Nikkei futures' failure to end
      Reuter; Source: Bridge Info  -  2,504 words
    • Article, Illustration
      Lock icon BANGKOK
      1756 27 Reuter BANGKOK Profit-taking on expectations of higher interest rates sent Thai stocks lower yesterday with brokers saying it was a healthy correction after seven consecutive days of rises. The Stock Exchange of Thailand index fell 21.58 points to 1,342.01 on moderate turnover of 9.88 billion baht. "It cannot be
      Reuter; Source: Bridge Info  -  1,756 words
    • Article, Illustration
      Lock icon JAKARTA
      1146 27 Reuter JAKARTA Share prices closed lower in moderate trading after local investors took profits in the second session while foreign investors were still mainly sidelined, brokers said. The Official Index ended 1.40 points lower to close at 461.14. "Market activity certainly picked up and was driven by the locals.
      Reuter; Source: Bridge Info  -  1,146 words
    • Article
      CLOB INTERNATIONAL
      2232 28 Hromet *990,000 Ulris Hyd JOc 1,951,000 Mulpha I nil JOc 1,602.000 Muhi-PurpoK 1.396.000 Rcnoot Bnd JOc 1.378.000 Lien Hoc TSK97 I.J37.000 Landmarks Bhd 1.121.000 Magnum Corp JOc 1,029,000 Faber Group 980,000 Kcmayan JOc 939.000 MBf Hides JOc 934.000 CASH 50c 899.000 Beijaya Ind 723.000 Pro<nct 11,629.1 JO IdrnHydSOc
      2,232 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index falls below 1,000 mark on selling pressure
        5328 28 Bernama KUALA LUMPUR Share prices finished broadly lower, led by profit-taking on index-linked heavyweights, in dull nar-row-range trading yesterday. Selling pressure on index heavyweights pushed the Composite Index to fall below the 1,000 mark. The benchmark index finished at 996.36, 13.36 points
        Bernama; Charts by Bridge Info  -  5,328 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7389 29 Of Or M Wt IW4 Last Vat Day Last Q«o« Dh Di> VU N« Cm An High La* Coaapaay Sale COM) High Law B»)tf Seller Or P/E imil Pric* MMJSTRIAL and commercial 1440 835 I s Acm» 990 +10 104 990 98S 983 990 17.3 2.1 I.I 15.8 6(2.4 979
        7,389 words
      • Article, Illustration
        Lock icon Shares retreat on renewed fears of higher US rates
        1786 30  -  By R Sivanithy SINGAPORE The buying spark that began on Wednesday was quickly extinguished yesterday, following renewed fears that US interest rates may again be raised sooner than expected. The Straits Times Industrials Index, which rose 26 points on Wednesday a
        Charts by Bridge Info; Source: Bloomberg  -  1,786 words
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      242 19 NEWS VALUE How today 's news might affect your stocks S'pore investors sink $600 m in unit trusts hi IS months (Pg 0 Little impact on the market as most of the money has probably been invested. IBM chalks up USs6B9m earnings (pg 1) Bullish as IBM is a bellwether
      242 words
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      393 21 n^H9 JLMM An Exceptional Membership At An Incredible Offer. "Unquestionably one of the world's BWg^Q^&-..', ~-i| This is a once-in-a-lifetime membership opportunity. Joondalup- An idyllic gHMP^^^^BßpP''^^ resort and world class golf course just 20 minutes from dynamic Perth. Now, finest golfing experiences**/ ■K|^^HP for just US$l5,OOO, this paradise can be
      393 words
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      871 22 ENG WAH ORGANIZATION LIMITED (Incorporated In Republic of Singapore on 24 July 1968) Invitation in respect of 30,000,000 ordinary shares of $0.25 each comprising 20,000,000 New Shares and 10,000,000 Vendor Shares as follows:(a) 15,000,000 Shares at a fixed price of $0.65 for each Share; (b) 15,000,000 Sharee by tender at
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      Page 22 Advertisements Column 2
      477 22 NOTICE NOTICE IS HEREBY GIVEN that, I Tan Kong Nam of 10 Jalan Jambu Mawar, Singapore 2158, have applied for a Beer House Second Class Licence in respect of premises at M/s Eng Seng at 117/119 Telok Ayer Street, Singapore 0106, and that this application will be heard in Court
      477 words
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      Page 22 Advertisements Column 3
      504 22 TorrTßKKTEi^riSoCTTriag^TAXTiriSe NOTICE NOTICE IS HEREBY GIVEN that, I Ang Hup Chin of Blk 350, Clementi Ave 2, #10-27, Singapore 0512, have applied for a Public House First Class (Extended) Licence in respect of premises at M/s Tuberose KTV Nite Club Pte Ltd at 35 Selegie Rd, Parklane Shopping Mall #05-01
      504 words
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      Page 22 Advertisements Column 4
      407 22 M THE MATTER OF THE COMPANIES ACT. CAP. SO CHYE SENG RILAUTY (PRIVATE) HATTED fn Voluntary Uquldeien) At an ExtraonSnary Genera! Meeting of the members of Chye Seng Reality (PRIVATE) LIMTTEO duly convened and held at 10 Weld Road, Singapore 0820 on tie 19 day of a 1904, the foßowing
      407 words
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      106 23 I A Rare Workshop I H Collection Of 1 20th Century Hand-Knotted 1 Persian Carpets 1 1 in Silk* Wool. I I (Omam 4SO Kmots Pu Sq.hKH Aaovt) I I PURUC AUCTION I I Sunday, 24 July, ***** I 1.30 M SHARP, ON VIEW ROM tOAM I Shangrita hotel Aialia
      106 words
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      Page 23 Advertisements Column 2
      297 23 M THE MATTER OF THE COMPAMES ACT. CAP.9O M THE MATTER OF J ADO ACCESSORIES PTE LTD (hi Mambars' VilMtvy Liquid illon) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pvmnnl to Soctfan 290(2Nk0 At an Extraordinary Qanoral Maattng of tha Company haW al 9 Panang Road #12-00 Park DM,Singapore 0923 on
      297 words
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      Page 23 Advertisements Column 3
      291 23 M THE MATTER OF THE COMPAMES ACT. CAP.SO M THE MATTER OF MAP KEE REALTY PRIVATE UMTTEO (la Members' VthMry —i NOTICE OF SPECIAL ANO ORDINARY RESOLUTIONS [FMTWMt to Section 2*X2Kb|] At an Extraordinary General Meeting ot the Company hew at 635 Qeytand Road Singapore 1439 on the 15th day
      291 words
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      Page 23 Advertisements Column 4
      94 23 This announcement appears as a matter of record only. New Issue July 1994 Freddie Mac Federal Home Loan Mortgage Corporation U551,500,000,000 7.125% Notes due 1999 Goldman, Sachs Co. Salomon Brothers Inc Bear, Stearns International Limited CS First Boston Deutsche Bank AG London Fuji Securities Inc. IBJ International pic Lehman Brothers
      94 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      404 25 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN Q BAHAMAS JERSEY BELIZE Q LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS GIBRALTAR PANAMA Q HONG
      404 words
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      Page 25 Advertisements Column 2
      50 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. JUST CALL: 737-1166 Make the connection through The Straits Times Classified when you're looking for JX (V bargains or looking for f w customers. Just give us CJLTA. *c*'L 737-1166
      50 words
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      Page 27 Advertisements Column 1
      27 27 ACTAL NEUTRALISES STOMACH ACID. Actal neutralises stomach acid, giving j quick relief from stomach discomfort. Ef-* '1 FAST-ACTING ANTACID A. Sterling 9astricpain,indiges- Health tion and heartburn, 2
      27 words
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      740 30 BUSrNES^TMM^S TOLL—FREE TEL. No. 1-BQO-741-1333 FAX:74I-1298 NOTICE NOTICE IS HEREBY GIVEN that, I SNG THIAM HOCK of 10C Jalan Ulu Siglap Singapore 1545, have applied for a Second Class Public House Licence in respect of premises at M/s Sushi Kado at No 50 Market Street #01-03 Golden Shoe Carpark Singapore
      740 words
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      Page 30 Advertisements Column 2
      87 30 l(Ti *A t k -T -^^HR* Breathtaking monuments, beautiful artforms, and the splendor of the sultanate have long drawn pilgrims to Yogyakarta. Soon Central Java's cultural heart will celebrate fIMK9Q|KaS@R^H|^9H^ r the arrival of a splendid five-star hotel that reflects its grand heritage. Opening July 1994, Melii Purosani Yogyakarta is
      87 words
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  • Shipping Times
    • Article
      Lock icon Higher dry cargo freight rates here to stay: analysts
      490 31 Reuter LONDON Dry cargo shipping rates, staging a surprise rise, look set to stay firm for the summer, analysts and brokers said on Wednesday. "It is moving somewhat counter to normal seasonal movements," said Philip Rogers, head of research at shipbrokers
      Reuter  -  490 words
    • Article
      Lock icon Danish shipbuilders file subsidies suit against EU
      155 31 Reuter COPENHAGEN The Danish Shipbuilders' Association filed a suit in the European Court against the European Commission on Wednesday over shipbuilding subsidies to eastern German threatening Danish existence. m The move came after the Danish government last Friday declined to initiate proceedings against
      Reuter  -  155 words
    • Article, Illustration
      Lock icon New York port reigns on the east coast
      43 31 Reuter NEW YORK The Port of New York is the biggest commercial port on the US east coast. The port handled over three million tons of cargo in the first three months of 1994. Renter
      Reuter  -  43 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1090 31 Page Col ABC Containerline 16 4 Accord Group 8 1-3 Ahrenkicl Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 17 1/2 •APL 5 3-5 Appenship 8 4/5 Arabian Express 15 5 •ASCL 5 5 Assist Marine 6 I Avant Shpg 6 4/5 Bait
      1,090 words
    • Article, Illustration
      Austal Ships clinches A$ 10m deal from Chinese company
      329 31  -  By Alec Almazan SINGAPORE West Australian shipbuilder Austal Ships has won a ASIO-million (SSll.l million) contract to build a gas turbine powered, 40-metre passenger catamaran for a Chinese company. Earlier this year, Austal delivered three similar catamarans to operators in Guangdong
      329 words
    • Article
      Lock icon Evergreen considers port and industrial park project
      152 31 Bloomberg Business News TAIPEI Taiwan's Evergreen Group, one of the world's largest shippers, is considering an investment of about NTS 100 billion (555.65 billion) to develop a shipping port and industrial parte in northern Taiwan's Taoyuan County, said an Evergreen official. The project,
      Bloomberg Business News  -  152 words
    • Article
      Lock icon UAE enforces new restrictions on shipping to curb drug-smuggling
      637 31 AFP ABU DHABI The United Arab Emirates (UAE) has begun enforcing new restrictions on shipping to curb drug smuggling and illegal immigration mostly by Asians, the official agency WAM said yesterday. J"he new rules, which took effect on July 1, followed
      AFP  -  637 words
    • Article, Illustration
      Lock icon Beating the recession
      465 32 North America's Atlantic jx>rts are investing in new equipment and facilities as they continue to draw ever increasing traffic Fairplay North-east coast ports of North America are shaking off the latest recession. Canada's port of Halifax saw its boxed imports grow by almost 20 per cent last
      Fairplay  -  465 words
    • Article
      THE SHIPPING GUIDE
      14910 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involvwJ and the estimated dates of arrival and departure from the Port of Singapore. I HOW PN: ship calls at Penang
      14,910 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        626 48 fry No ggfc hr&ni Dqxrtun tort *1 P^rtw •Atom Part u«u y hu 13/94 pw 210//2000 02D/03A M atonpde 22.07/0600 Mm 10/9* P04 I 0 'Mi Pnntr 401W J10 ato*sde 22.07/ 1500 Mwne/P 21/07* P01A atap«fc tebn 6337 11 22.07/2315 Mercyryperf 14E W2 *np* Baiam Mm 07/06/94
        626 words
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        CONTAINER SCHEDULES
        1297 48 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO OF EXPORT Fa CONTAINERS AND La CARGO Record Bookinf/Batanee Rrits ,;S)* Voy No Etb/Btr Period From To From Lotus 054A 23/1500 1A 21/1500 21/1659 21/1900 2A 21/1700 22/0S59 22/0900 2B 21/1700 22/0659 22/0900 4 22/1200 22/l«5i9 22/1/00 >«* Mrab C077E
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        Daily Freights
        731 48 Baltic Freight Index for spot dry argo shipping rates rose to 1,429 on Wednesday from 1,422 on July 19. Rates look set to firm for handysI bulk carriers moving cargoes v the US Gulf, broken said. 3 Brokers said there were at least %c 25.000-tonne grain cargoes to
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        Lock icon Plane air not up to standard, says US study
        579 50 AP NEW YORK Critics say that instead of freshening passengers' drinks, the airlines ought to freshen their air. A study in the August issue of Consumer Reports magazine found that almost a quarter of commercial flights don't meet a basic standard
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        Lock icon US congressmen seek to discourage pesticide spraying
        238 50 AP WASHINGTON A group of congressmen is calling for new rules to discourage foreign countries from spraying incoming flights with insecticides while passengers and crew are still aboard. At least 25 countries including many in South America, the South Pacific and the Caribbean
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      • Article, Illustration
        Lock icon Waiting for protesters
        55 50 Reuter BOMBAY Policemen armed with batons sit on an upturned boat at Bombay's Chowpatty beach on VV ednesday, awaiting fishermen's rally. The fishermen were due to march in the afternoon towards the state government headquarters to protest agai New Delhi's decision to allow mechanised foreign trawlers to
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        Lock icon World air cargo shipments up 13pc
        310 50 Bloomberg Business News PARIS Global air cargo shipments in April rose 13 per cent from the year-ago period, with all regions reporting double-digit growth. Passenger traffic was up 5.8 per cent for the month, and rose 8 per cent for the first four months,
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        Lock icon Ford's new cars to sell for under US$ l5,OOO
        403 50 NYT DETROIT Ford Motor Co announced prices for its new compact sedans on Wednesday, saying it expected typically equipped versions to sell for less than US$l5,OOO (5522,650). The cars are scheduled to go on sale on Sep 29. The prices are
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          Lock icon Maersk first to dock at Yantian port
          79 50 Reuter HONGKONG A container ship belonging to Denmark's Maersk Line became the first vessel to dock at the Yantian container port near Shenzhen, operator Yantian International Container Terminals Ltd said. Maersk plans to launch a non-stop weekly service between Yantian and Long Beach,
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          Lock icon China, Indon to build Fujian port
          57 50 Reuter BEIJING China and Indonesia have signed an agreement to invest U5534.5 million (5552.44 million) to develop Sansha Port in south-east Fujian province, Xinhua news agency said. China Township Enterprise Investment and Development Co Ltd and an unnamed Indonesian industrial group will reclaim 90
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          Lock icon Cargolux plans Vietnam flights
          72 50 AFP LUXEMBOURG A Luxembourg air freight group Cargolux is to start weekly flights to Ho Chi Minh City from the end of July. The group signed an agreement with Vietnam Airlines to develop air freight traffic between Europe and Vietnam. The service will operate with a
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          Lock icon JAL to hire first female pilot
          70 50 UPI TOKYO Japan Airlines said it plans to hire its first female pilot trainee in August a 25-year-old engineering graduate who could become the first woman in Japan to pilot a commerical jet. The company said Tomoko Azuma, a graduate of the engineering department
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          Lock icon TWA may cancel Airbus order
          64 50 Bloomberg Business News DALLAS Trans World Airlines may cancel its order for 10 A 330 aircraft from Airbus Industrie, the European commercial jet maker, Commercial Aviation Report said. The airline also has deferred US$lO million in progress payments due June 30 for up to a
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          Lock icon Brazilian yard delivers tanker
          62 50 Bloomberg Business Naws RIO DE JANEIRO The Emaq Engenharia de Maquinas shipyard of Rio de Janeiro delivered a US$67 million oil tanker, the last of three 36,000 tonne ships ordered by Petroleo Brasileiro SA, the state oil company said. The 182-metre Itaperuna will transport diesel, alcohol,
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        Lock icon Northwest, KLM to decide on cargo linkup by year-end
        248 50 Reuter MINNEAPOLIS Northwest Airlines Corp and KLM Royal Dutch Airlines expect to decide by the end of 1994 if they will link cargo operations to become the world's secondlargest freight carrier, a Northwest executive said on Wednesday. The two airlines, which
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1389 50 Oft m n* OL Hfcg GA928 2205 AMaMt Qf81 1925 Qf82 2055 SQ227 2230 KL837 1450 KL844 0035 KL838 2300 SQ323 1730 SQ26 2355 SQ348 2250 NZ73 1550 SQ285 2045 BA12 2200 NZ74 2340 Bahrain GF146 1250 GF149 0650 Sari Bmmm BJ421 U05 SQ182 0915 SQ181
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        Lock icon Toyota sees upturn in sales as Nissan stays in doldrums
        471 50 AFP TOKYO Japan's biggest au-to-maker Toyota Motor Corp announced on Tuesday a longawaited recovery in output, sales and exports in June, but the performance of rival Nissan Motor Co remained largely in the doldrums. Domestic output at Toyota rose 4.6
        AFP  -  471 words
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      49 31 Cf M BACK IN TOWN! "INTER", The World Renowned Container Fitting Lashing Together With "DMTERMARINE SUPPLY". A Combination Of Expertise Providing Quality, Reliability, Prompt Effecient Services To The Shipping Industry. Exclusive Agent /Distributor Mlntermarine Supply Co (Pto) Ltd No. 7 Bukit Batok St 22, *****. Tffc *****88 FttC *****11
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      28 31 Lines and services represented by Member* of the Registry of Accredited (SB©)*) Shipping Agents, Singapore National \3mny Shipping Association. XS^ For advertising enquiries, contact Shipping Times: Te/ 740-2089/740-2090
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      24 31 the FAMOUS ■iMIII.'I* 224 1833 For more informatioa please refer to Pg. IS PLAY SMART Be part of the good life. Lifestyle. Everyday. Busmessßmes
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      20 31 North America's Atlantic ports beat the recession, Page 2 Plane air not up to standard, says US study, Back Page
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      2030 32 M m I mSJtffitiToo*, f IMPORT.... IMPORT.... IHMHH AMEWCAI I mM ««IW»TMIM I I IWKIH AMBtt°AJ a—eVcm.ro «q»A4to«TO6» |I Vo mir comt «n '.i—Wap— mmmm cmjowm uiimm (D—ct mow wt cowi *essel ww stok u m wa om kowtow cwc mm an tax. stok mamma momtemeo bokmkmo mm mkwprurm pbmmmm
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      1797 33 pn >| *mwj »»»j rMV*i it) ptf LTD JARDINE SHIPPING AGENCIES JAROINE tHIPPINQ AGENCIES SON. BHD. i RO«T!MS 020. PET.UJW JAYA TEL: »™>"™ F£ CF* 03-rMM« CR NUMBER: *****«*****C TFI 5437M/4 FAX *****« DOCUMENTATION TEL: *****55 (INWARDJ/*****80 (OUTWARD) f°" ™5| r?,™ (OPNS |f CgTOMER SEKVCE TEL: ,02/32 M, JSS SIhRU
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      1677 33 YOUR GLOBAL CONNECTION 1 VMW Voy ETA ETD FMditwl by S DESTHAnONS TMa <mk METTE MAERSK V 9400 MWI—IKBTi—■ 25/07 oeoo HAS CfS 25/07 2368 MRS JOM LPK PEN OAK LOB SFO MEM ATL MIA CMS BAL PML NYC TOR METTE MAERSK 0406 [25/*****/07 2«/07 23/07 22/07 13/08 15/08 14/08
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      1501 34 mrwmmMwmrm I b' 1 I A W V A H I Amy# A 1 «Wllf HflH m^'l'jlfltl^l' VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H BURG AWERP HAVRE MALAYSIA LUOWKjSHAFEN EXPRESS 14/328 23/7 1/8 8/8 10/8 '3/8 15/8 17/8 Port Kaiaog. Panang FRANKfURT EXPRESS 74/129 27/7 13/8 16/8 14/8
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      505 34 f A AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Doqharun) C.1.5./RUSSIA: Vostochny, Vladivostok, Noscow, Baku, TaoMant, Irkutsk, Alma Ala, Ashgabad, Dushantoa, Km N Kotm: Pyongyang. Nampo Mongolia: (Jiaan Bator LCL TO CIS EASTERN EUROPE VESSEL SIN PKR Ned Asia V.2244 26/7 23/8 Ned Oceania V.2254 02/8 30/8 Ned America V.2264
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      1221 34 NORASIAI MLLE DAQUR.A AO4W 26/07 23/06 17/01 I HA MAC£DOHA 429* 27/67 19/06 20/00 21/00 22/00 23/00 24/00 20/08 I WLLE D'HYDRA HO4W 02/00 30/00 24/00 I NORASIA AL-MUNTAZAH 9430 3 03/00 20/08 27/08 29/08 30/00 31/00 01/09 03/09 I NORASIA SAMAMTHA 9431-3 10/08 01/09 02/09 04/09 05/09 00/09 07/09
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      1253 35 H STRAITS SHIPPING PTE LTD 10 Hoo CMong Road #11-01 Ktppel Towers SJngaporo 0208 Tot: ***** M fa* *****17 ■■iHiijip! straits ran n«MMn.L<k m ?m mm fcl tct cohta—i amp —ahulk w»m to ww» mw wma STRAITS KNTURt V2IE kkara. L* 29-30 M 31 M 01 Auf MDHIH VOX KX.
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      1967 35 SINGAPORE AGENT: ■BQUft llfiyA P&O Containers (Singapore Agencies) Pte Lt| ■BA I iVI W V -«il ill /i 1 TiCrS 10 Hot Chiang Road #07-01 Keppel Tower*. SJngapora 0206 WM4VA Tel: 225 2233 Tatax: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z ROT HAM OOT B*B LBN I
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      43 35 0 ORIENTAL LINES Yyj I INDIAN OCEAN SERVICE CONTAINER/BREAKBUUC| ETA ETA ETA ETA ETA SINGAPORE COLOMBO MALE MAHE MOMBASA f n n M.V. ARQOMAR 1 26/7 2/8 4/8 S/8 12/8 Agent*; Inchcape Shipping Services Bookings: *****54/*****98 Fax No; *****88 j I I I
      43 words
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      473 36 1 43KW eka jaya agencies 2 >J|ir TEL: *****22 (8 LINES) FAX: *****08 SALES REPRESENTATIVES IN CHARGE S!jS 2122 "S'" m ml amZZ W HO CHI MMH QEN AGENT: CEHTWI-POMT UNCB T* B4 I *****5/*****S F«ic 04-0-*****5 HO CNI MMH PORT AGENT: VICOHSHIP T«fc MS-*****9 FAX: 848-*****4 JKT/SORABAYA AGT: F.T.
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      1542 36 OHANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 mML ss, lUK HAUL SEA m FOX FDR VSL M |UNE NM SAV Ul ETC MJUN SJtmf 034 C Sect u/» is/s »/i mmnseatmom 29/7 H«U 017 l 1/9 2/9 4/9 MNM maSTOWI 022£ 5/8 MECT
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      1240 36 —I 1 -THT^ 1...... MTOKKSTMMTYOUICMML MTCUN K n n l earn m-w n/i vn 1/1 vi v* u/« 11/1 u/i u/i n/i v» v» v» iv» nn tin nn nn vu ivm mm ivm lmi K-tsi in vi in nn u/i ivi ivi u/i u/i i*/i nn ivi u/9 ivi
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      1875 37 'II II ARRIVING LOS ANGELES 13/08/94 IN 16 DAYS II H M%&mmt II AEX: 'NEPTUNE BHOPOMITEI6E' ETA SGP HI pg^yl 7¥WFFI (SIVC f 1 vttltL 1 VAN WT ext. CLE CLM DAL PET HOC WW VO* *K* ru> TOK WW ri KAB GA t jjj "*7*7" 13*8 I i6*B 17*8
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      969 37 A MULTILINE SHIPPING PTE LTD ■V (a member of SVISOV Group) I CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****57 INVENTORY: *****59 AGENTS: KL:
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      815 38 AS AGENTS: "K" LMI (SIN6APOK) PH LTD (d K); *****73MMM/CTIKG NO: M2-MI73SM) J TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****16/7/8/9 I TjkTlj> MALAYSIA: LMI MAJUTMI (MALAYSIA) SON BHO I Wm m** TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 j INDONESIA: P.T. SAAANA LAtfT MTBMUSA. TEL: JKT *****08
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      210 38 Continental Pacific Shaping J TIMBER PLYWOOD SERVICE TO U.K./CONTMENT KKU STORE PR LOAONC FOR WORLD ARGUS SLD SLD SLD FLU/90T/ANT/W/ HLfRST FIA6 TOM SLD MPT RU/ROT/MT/UR MARIA K 25/7 23/7 31/7 FUJ/ROT/JINT/W SASi/Momsa C R NO. 133W*****0H CONTIPAC SHIPPING PTE LTD T«fc *****32 Fax: *****49 PJC. MULTIPORT SON BHO. TEL:
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      232 38 TTS\ FOOMG SUM Np" SHIPPING (PTE) LTD. WHOLESALE CENTRE, BLOCK 1. #03-10 SMGAPORE 0511 BOOMNO/ENOUNUES CR ho. lOMMIOOOOW TEL: *****85 (12 LINES) FAX: *****16/*****25 TLX: R*****0/2SQSB FSSHIP WT m ETO DESTHTWH NANUAKU 11/94 2/0 4/0 PIAJU/PAIiMBANG SEAMAR 0/94 20/7 21/7 PONTIANAII/SiITETE Ma 6/94 1/S 3/1 BANTEN/KNGKULU SUN MY* 10/94 21/7
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      1067 38 @APPENSHIP HAMBURG (W'J CONVENTIONAL A INDEPENDENT LINER SERVICE V-V EUROPE TO SOUTH EABT ASIA AND FAR EAST VESSELS 10MNNG TORTS DISCHARGE/10A0MG FOR ANANGEL PEACE RTM 06/07 SPORE 02/08 SEAKITTIE HAM 01/07 SPORE 19/08 ELENA V ANTW 05/07 SPORE 06/08 /i|\\ ISLAMIC REPUBLIC OF accepting cargo to gulp ports \V|P IRAN
      1,067 words
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      982 39 Sggs fill PACIFIC INTERNATIONAL LINES (PTE) LTD] 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I CR NO: **********06 I I" I VfIUL VOV SIN BKK SIN VESSEL VOV SIN JKT SIN KOTA lAIAI SSSOIS 24/7 27/7 31/7 KOTA MULIA MULOOB 24/7 37/7 31/7 BMNANEE (THAI FLAG) SRMOI7 33/7 33/7
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      940 39 yes so.* yoy sm it mm hawbuwg ihmks «om«>w mxwtur Wilt D*QUL* *04»i~ 20/07 17/00 19/00 20/00 21/00 23/00 Mill D HYMA HO4W 02/01 24/00 20/00 21/9* 20/00 30/ M vt.lt K IVM To 4* 09/01 31/00 02/09 03/0* 04/09 06/09 Vt.Lt DC KG* GO4W 07/09 09/09 10/0* 11/09 13/09
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      824 39 r BSAi i ■y mm MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf P«n P.Gdf PAGAN V2IIW MPY i i AVA VI29W 03/04 Auf 27/02 Auc i IFA-AN V2O4W 30/31 Jul PATHEN VI3ON 00/09 Au| 30/07 Au« i MALAYSIA AGENTS: 80USTEA0 SWPW AGENCES >
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      1951 42 {ffigfffr 1 LTD Pooorafc 2 £xi£s6 CMtaLirSfrC B/L *****02 Operation Container. *****15 IkSStSLi Itttgl&SSL M Connntiotul: *****50 0/0:*****85 Cmmrtmsh *****46 Bum I 0106 SSJfcJiSZ? ***** Fax: *****08 Br-Utolk S»c Dmx *****50 Equipment: *****30 C mfSoB64os.X Fu: *****15 Fu: *****66 I. am/-WM mnc im. cm *ssa/w»« s* ■on p una,WW wc
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      692 42 /■HICROATIA LINE A I fcWbJ (EX JUGOUNIJA) I OCSttl VOKL J* PNG LOWS fat lOSMJ 24 AUG 27 AUG Alexandria. Beirut. Istanbul. Trieste. Koper Lattalua. Lrnwssol Mefsm. P Sax). Riiefca, Venet SIOVOiJA 15 SEP 18 SEP -do G*o*ral Ag«nU: EABT MOUNT AGENCY (PTE) LTD Statapore Kuala Uanpw Part Kelanj Penary
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      177 42 /^NORBUU^ f wOWj/T* NORBULK CARGO SERVICEB LTD. I I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES L J =1 I sea sonnet 2t/7 »i/« Fiu/wm/Mn/w '1 IDM URE 10/1 12/1 FLU/**!/!* I FOB I I NORBULK TBN 20/8 24/» DBN/CPT/EL I I ALSO LOADS TAWAU. KK. T6. MAW PK SNK/SABAN
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      724 43 (i£. FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 24/7 ROTTERDAM 23/7 tARHUS/COPENHAGEN 24/7 HAMBURG/BREMEN 24/7 MARSEILE/FRANCE 24/7 FELIXSTOWE/UK 25/7 BARCELONA/SPAIN 25/7 LEHAVRE/FRAWCE 27/7 GENOA/ITALY 25/7 ANTWERP/BELGIUM 25/7 LOS ANGELES/WC/IPI 24/7 SYDNEY/MELBOURNE 25/7 MEW YORK/EC 24/7 FREMANTLE/ADELAIOE 28/7 VANCOUVER 29/7 BRISBANE
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      896 43 nnsasßißni S utAACI yAW MBftJ Mfv fjj 9 YtWtL ¥21 *1 I IVIMB. VOY SMI PCMl^B* MiM* fl ISWA BHUM MS Fri I" W Tw 3>/7 KOTA SUMA lUOOIS tun 24/7 Tim 33/7 I VESSEL I VOY I S H BHATTU BHUM 3SS Sal Off Ty. Mff 1 SEKOJA 4?17
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      235 43 Ih TEL: *****33 (12 Une«) I IB FAX: *****15/*****03 I IH TELEX: RS ***** RIBHIP (3 Lines) I 183I 83 CR NOj **********0E I I Vnml Vey ITA |Laa«a«P*r I B B I Abbey Worn" 40WB ISAM Mombaaa. Djibouti I I Asssb Misuwi I I AndM 36W8 20/00 Mombaaa. Opboutl
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      558 43 U BAHBW/LAEM omm/uas «/7 (TOE), 3>/7 (»T) WW KEUWC/PCTMC 2S/7 (MOW), a/7 (FW) HOW 6 KOW6 2t/7 (TOE). 8/7 (FW) J ttMITA 23/7 (SAT) J mwu/can/swc bat 21/7 gig) HO CH Mm a/7 (FM) i" SMMBATA 24/7 (SUM) J'" SUSAN M/ 7 (Ml Mill 11 iri"p*ii*«"-Mjajiiwui.mß.iiiiimii.ijf i" i *1 I
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      1152 44 Wff i» AIMfTrTIIIW llii' im I I genovewope I pcy pki OJM 5 SAMJNGS/WEEK PEN PK SIN 23/7 24/7 25/7 HK6/BKK/KEE/KHH 24/7 25/7 26/7 25/7 26/7 27/7 HK6/BKK/KEE/KHH G'lMri/CTutOfl/S'holm/Oslo 24/7 25/7 26/7 I 27/7 28/7 29/7 HKfr/BKK/KEE/KHH "r«w» 31/' i JPN/KOWEA/MANILA PORT KELANG/PENANQ/P. QUOANO Manla/Cobu 27/7 28/7 29/7 KEELUMQ/KAOHSIUNQ Tokyo/Kobo/Ow/Yoko
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      162 44 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD in cu n* VOX W9T IfUMS KMNE MMK Im*m| to. Ma* RUVN HUDMU 31// Lo«*nt to* Dvtai mMn n/i zui loa*a| fw M* noKn MM 39/7 iMdnc Fw M* IMKQX Sated lojdnt far Malt nooKS inn io/» LOKkm tot M* mm
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      1142 44 JSL THONG SOON UNES PTE LTtt l 78 SHENTON WAY #10-01, SINGAPORE 0207 t I Vy V/ TO-: 227-5088 FAX: 227-6011 I N 3r TLX: RS ***** CARRER, RS ***** ENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK SINGAPORE TO THA?LANO VESSEL YOY SPOtE PEST VESSEL VOY S'PORE Mjttjg Z EQUATOR
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      634 45 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE KOrnw Munuu/soc camocs to/tmm kok. Yokohama. nagoya. MM. TOUW. tUNLA*. DAVAO*, P«wt* P. Kaiani Elhia* SHAFUEVERETT V2IE 28/29 M 30/31 Jul KAMHEVBIfn VltC 08/09 Auf 10/11 Au| imVBETT VIOE 04/05 S«p 01/07 S*p ACQFINB KMWU/FCI/SOC CMKOR TO/FROM CHTTAGONG, CMCUTTA MB MOMU*. Snfaport P.
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      234 45 P| GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE t ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 29/7 l/S 7/8 16/8 GLORY SELATAN V 19/7 25/7 SP KOMPONG SOM GLORY SELATAN VIII 28/7 31/7 LINER SERVICE USA, VANCOUVER,
      234 words
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      504 45 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE OESSEL 1 ww I in I kmach HTPEKABAD ina 24/07 01/00 SOtOWH 145-HN 11/Ot 20/00 BLAAAABAO 124-m 22/0* 31/00 BOLAN m-HW 30/00 00/oo FAR EAST CONTAINER SERVICE ONLY «^r" M M "^^oTisrnss"TsrT(srTssriTsr""' HTPEEABAO 17/00 21/00 23/00 25/00 20/00 I sargooha uo-owloi/oo los/*****/oolu/oolu/oolis/M
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      616 45 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS VI ME/100 26/07 09/08 10/ OB 12/08 30/ OS SHUNHE/108 1 I/O* 28/08 2S/0* 2S/Oa IS/OB TAO HE/87 26/06 09/09 10/ OB 12/08 30/09 «AN HE/87 1 I/O* 2S/09 26/09 28/08 IS/IO HUHE/108 26/09
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      272 45 Si FAR EAST 26/07 KEELUNG/KAOHSIUNG 24/07 BANGKOK 24/07 MANILA/CEBU 24/07 JAKARTA/BELAWAN/SURABAYA 24/07 PORT KELANG/PENANG/E. MALAYSIA 24/07 BUSAN 24/07 TOKYO/YOKO/KOBE/NGO/OSA 24/07 HONG KONG SM CHUM 24/07 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIAN JIN QINGDAO HAIKOU also accepting LCL cargo SjN EUROPE/UK 25/07 LDN/FLX/LVP/SOU 25/07 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czecii. SIN USA/CANADA
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      640 46 PHIU OnifNT LIN€S PT€ LTP <4% \lOB Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0^^ A MEMBER OF THE BINQAPORE FREIGHT FORWARDERS ABBOCIATIOH AUSTRAUA/NEW ZEALAND FCL/LCL SERVICE 26 JUL SYDNEY. MELBOURNE, BRISBANE, FREMANTLE 4 AUG
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      318 46 y Contemn CONTEHM FREIGHT (F.E.) PTE LTD. AUCKLAND 03 AUGUST (Accepting to ail Now l—l—d porta) PE66AN6 29 JULY JAKARTA 24 JULT PORT KLAN6 28 JULY BAN6KOK 24 JULY MELBOURNE 26 JULY SYDNEY 26 JULY BRISBANE 26 JULY FREBUNTLE 31 JULY ADELAMK 26 JULY I^BoSSlSe^^^iSjUL^^^l 'ACCEPTING TO ALL SCANOMAYU PORTS
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      459 46 Next Week's Sailings Singapore* I To: r-Tfs To: E?5 Singapore Singapore 'so 9002 by lrqa EVERY EVERY a_ Bangkok SUN Jakarta SUN EVERY EVERY /^So^fOH Manila SUN Ho Chi Minh FRI [ff|}J o g)| Jf EVERY EVERY vS^pSBH Colombo TUE Limassol THUR MTERfMTKMAL SEA FREIGHT FORWMQMC Wk Tel: Fax: fJ|
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      1416 47 ISEAMA^RGENTINMJN^^^n CONTAINERISED "HUB" SERVICE I DIRECT TO ARGENTINA/BRAZIL URUGUAY V I 1™ f p CANOPUS OIE 24/07 I 28/08 30/08 04/0* I OS/08 08/08 I 04/10 FRANCISCA SCMULTE 02E 13/08 I 17/08 18/08 24/08 I 28/08 28/08 I 24/10 ALEXANOCR SCHULTE 02E 02/08 I 07/10 08/10 14/10 I 18/10 18/10
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      428 47 CEYION SHIPPING CORPN rejig) National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS mmm n mimm toH M/M M/M mu ngui mm um n/n n/u v/u mm mm ■MMMM *311 !>/« IVM mu o-tq*** mm n/v m/v vm \*M mm tuu wn ■uiihb HMW nm M/W
      428 words
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      Page 47 Advertisements Column 3
      527 47 |C CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.46 (VESSEL DEKASRIST N. KRUPSKAYA MM PAVLOORAO PtINODVORETS I PRWZERSK PORTS EBI3 EBI4 EBIS EBIB EBI7 IB 18 BUENOS AWES* SMN Sited 08-13/07 20-28/07 03-08/08 24-27/08 MONTEVIDEO Soßod 08-07/07 08-07/07 29/07 08-07/00 28/08 MO OBAN 00 SU s—*4 18/07 31/07-01/08 13-14/08 04-08/80 OURBAN
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      399 48 VESSEL VOYAGE SX6APORE MAMLA Ktwmm WO7W tt/97 (FW) 27/97 (WH>)— rawirwF* mm mv w) ggz (W)— St LANKA MAHAPOU WWH CT/Q7 (FW) (MP)— ppvomaysk Tiuurniiirs ***** 6/ 8 s uWvlcii VESStL PRVAO COM V KRUCWWA I ***** C 22/07 (FW) 2«/07 (THUR) 2S/07 (FW) 31/07 (SW) NWQLAY MOROZOV *****6 29/07
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  • Page 48 Miscellaneous
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      Page 48 Miscellaneous Column 1
      299 48 TODAY'S TIDES (height in metres) j MM MM ttM 02M tMC MOO 0500 OMO 0710 WO 09N 1000 UN 12N 1300 1400 15N IMO 17N lON ISM 2M9 21W 22N 2)01 U U 1.4 0.9 0.1 0.4 0.4 04 1.0 U 2.1 14 24 2.3 14 14 1.0 0.9 1J
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      814 49 TA.HYUNDAII MERCHANT MARINECO^TD. WESTBOUND TO EUROPE BKG: *****61 [mo* PHt* I P6D* I Vtssas VOV I SIN ITM HMT' LET I HAM ORg Ftl 20/07 22/07 23/07 M. IffOVATOR 3101* 25/07 13/0S 15/01 16/01 15/01 15/00 17/00 27/07 29/07 30/07 H. EXPLORtt 312* 01/00 19/00 21/00 22/00 21/00 21/00 23/00
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      Page 49 Advertisements Column 2
      453 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS iicssu vot y k kuc u mm mt DAM HMMUS I 71/7 V/ 1 VMH 21 l/l 1/1 chmmon nuun to 7/1 VI OBANtt MOON M U/< OUTBOUND VESSELS LMDHH? MlfflMi MgBK ICK CAR ygiiii 3HANTAR Vl» SP It/7
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      Page 49 Advertisements Column 3
      934 49 JEDDAH/UK/COIsmNENT JSTOM ED SION KMC 19AM lEH •Mu kctpt* C«r» Hr LUDMESMMIN IVKSS 14/321 23/7 1/1 11/ l 13/1 15/1 17/1 imrikn+m :I* VIIM MUM Bdtel mi OMM FUMIURT EimSS 74/129 27/7 13/1 11/ l 11/ l toltrtm :I* M Antwarp Antttrian. OM. HMMu LIWRKUSEN IXPMSS 19/329 M/ 7 l/l
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  • PROPERTY '94
    • Article, Illustration
      Lock icon Plugging into property
      273 51  -  A special BT supplement By Lilian Ang Just when you think the residential property market is never going to soften, it begins to do exactly that. And you're back to square one to buy or not to buy? Increasingly in the last few months, home buyers have
      Source: URA  -  273 words
    • Article, Illustration
      Lock icon No shortage of developers despite land squeeze
      1612 52  -  Buoyant demand from upgraders and good investment returns are encouraging more potential developers to take the plunge into the property j sector, writes A J Leow A J Leow The writer is a BT journalist Despite the rising cost of land, there seems
      Photograph by Christopher Loh  -  1,612 words
    • Article, Illustration
      Building up the land bank
      1186 53  -  With the near exhaustion in supply of private land, developers have had to turn to government land sales, says Francis Lim Francis Lim The writer is director of investment sales of Knight Frank Cheong Hock Chye A Baillieu SKYROCKETING residential property prices after the Lunar
      1,186 words
    • Article, Illustration
      The challenge is on for retailers
      1289 54  -  Wang Lok Tsui examines some of the forces which are reshaping the retail scene Wang Lok Tsui The writer is director Jones Lang Wootton's retail division THE retail market appears to be reeling from seeming oversupply, intense competition, the flight to the suburbs, sluggish
      1,289 words
    • Article, Illustration
      Making room for tourists
      1162 57  -  Are there too many deluxe hotels in Singapore? Christopher Wong suggests that for now, hoteliers are comfortable with the demand-supply situation Christopher Wong The writer is a consultant with Horwath Asia Pacific WITH deluxe hotels expected to account for nearly half of the 8,875 rooms slated
      1,162 words
    • Article, Illustration
      Lock icon Sustaining the demand for space
      1521 60  -  Will the upturn in the office property market last? Jenny Lam finds out Jenny Lam THE OFFICE property market, bruised by falling rents last year, is finally recovering. Initial signs of a turnaround early this year have continued into the second quarter. "The smiles are
      Sourer JLW Office Agency  -  1,521 words
    • Article
      What's in the pipeline
      306 60 EXp#ClGd fHn«n r—* 1 M fM| complttton Kroposeaomceprofects Locsoon *Mar 94 DBS Building Towef 2 Shenton Way 524,000 'May 94 AIA Alexandra Alexandra Rd 157,000 ♦Jun 94 Alfa Centre Mackenzie Rd/Bt Timah Rd 62,000 *Jun94 CPFJuronfl Bulling JurongEast 32,000 ♦Jun 94 LCD Building Tanjong Pagar Rd
      306 words
    • Article, Illustration
      Investment opportunities in strata offices
      731 61  -  For those reluctant to put their money in residential property, Peter Ow suggests an alternative Peter Ow The writer is a director of Knight Frank Cheong Hock Chye Baillieit UA PART- MENTS are now selling at JL$ 1,000 per square foot! Have we reached the
      731 words
    • Article
      Suntec City gears up for business
      626 61  -  Jenny Lam looks at the prospects for this multi-purpose builaing project Jenny Lam COME December, the first phase of the $2 billion Suntec City will be open. Ready for business then would be the $550 million Singapore International Convention and Exhibition Centre, the 18-storey
      626 words
    • Article, Illustration
      Spinning a tale from Asia's office rentals
      1693 63  -  William Legge takes you on a tour of the commercial property market in 10 cities in Asia William Legge The writer is an associate director of Jones Lang Wootton WHILE the economies of East Asia have shown similarity in their rapid rate of
      1,693 words
    • Article, Illustration
      Warehouse businesses packing in the profits
      1086 65  -  With Singapore the region's shipping hub, warehouses are up to 95 per cent full and operators are enjoying rising rents, writes Rahita Elias Rahita Elias The writer is a BT correspondent THE newspaper headlines tell the story: Singapore's warehousing industry is booming and tympanies
      1,086 words
    • Article, Illustration
      Realising a dream to tee off near home
      832 66  -  Corinne Kerk finds out why many Singaporeans are making a beeline across the Causeway Corinne Kerk The writer is a BT journalist WITH THE proliferation of golf and country clubs in Johor, more Singaporeans are fulfilling their dream of club membership. Indeed.
      832 words
    • Article, Illustration
      Lock icon Home away from home
      1075 67  -  A large number of serviced apartments will come into the market in the next few years. However, fears of a glut leading to lower occupancy and falling rents may be unfounded in the short term, says Steven Choo Steven Choo The writer is director, development consultancy
      Source: Richard Elis Research, Singapore  -  1,075 words
    • Article, Illustration
      Lock icon Will home prices come down to earth?
      2409 68  -  A price correction is on the cards, say the experts, but when will it happen and how low will prices fall? Tan Su Yen finds out Tan Su Yen EOPLE are still W viewing homes, and the prices are still high, JL. but
      Source: Kay Han James Capel; Source: School of Building & Mangement, NUS  -  2,409 words
    • Article, Illustration
      Lock icon Real ads for unreal estate
      826 69  -  Quak Hiang Whai presents a guide for the unwary to the language of the classified section Quak Hiang Whai The writer is a BT journalist ONCE upon a time, a real estate agent was agonising over how he should word his advertisement on a property
      Source: KFCB  -  826 words
    • Article, Illustration
      HDB resale market flattening out
      518 69  -  Circumstances are combining to limit gains in this sector, says Carina Loh Carina Loh The writer is senior vice-president of ERA Realty Network THE resale market for Housing and Development Board (HDB) apartments which house some 87 per cent of Singaporeans performed very well in
      518 words
    • Article, Illustration
      Market's changing face confounds forecasts
      2524 70  -  Muddled moods and megatrends have made the residential market a minefield for pundits, writes Steven Choo Steven Choo •Dr Steven Choo is director, development consultancy and research, Richard Ellis (Pte) Ltd It has become increasingly difficult to predict how the private housing market will behave
      2,524 words
    • Article, Illustration
      Planning new homes
      139 71 The Urban Redevelopment Authority is setting aside space for private housing projects in some of the choicest parts 01 Singapore. We snow you where to find them in the six development guide plans completed as of June Existing private hooting unto' Potential auppfr of private touring unto
      139 words
    • Article, Illustration
      Region holds the key to next phase of growth
      1769 72  -  Going regional has its appeal but companies need to bear in mind the change in milieu and the risks, Paul Heng explains with details of those doing well Paul Heng The writer is a research analyst in Fraser Securities Pte Ud.
      1,769 words
    • Article, Illustration
      Home buyers enchanted by the magic of loans
      1042 72  -  But is it so easy to raise a loan these days and to pay off as well? Kooi Cho Teng looks at the finance part of owning houses Kooi Cho Teng The writer is a ti l stringer. THE "concrete chase" in
      1,042 words
    • Article
      Klang Valley is booming again
      1533 73  -  Improving infrastructure and decentralisation of the area's commercial fabric are boosting demand in all sectors of the market, writes Allan Soo Allan Soo The writer is a manager of Knight Frank Baillieu, Kuala Lumpur IN TANDEM with Malaysia's positive economic conditions, the Klang Valley's property
      1,533 words
    • Article, Illustration
      Big bahts in buildings
      848 74  -  Alan Boyd looks at what's keeping the Thai developers busy Alan Boyd The writer is BT's Bangkok correspondent THAI developers arc continuing to pour money into the housing sector despite slower residential sales, though interest is shifting from the top of the range to low-cost units
      848 words
    • Article, Illustration
      Property play
      607 74  -  Ho Kay Tat examines the potential in Malaysian property stocks Ho Kay Tat The writer is BT's Kuala Lumpur correspondent ABDUL khalid Ibrahim, the new chief executive of Kumpulan Guthrie Bhd, is staking his corporate reputation on the revival of the slumbering plantation giant. His strategy: go-into property
      607 words
    • Article, Illustration
      Lock icon The year the market turned around
      1058 75  -  David Faulkner tracks the performance of the Hongkong property market in 1994 David Faulkner The writer is a partner of Brooke Hillier Parker Chartered Surveyors and International Property Consultants. The year 1994 has proved to be the turning point when the Hongkong property market
      Source: Brooke Parker Research  -  1,058 words
    • Article
      Gateway to billion-$ rental incomes
      518 75  -  Lim Soon Neo profiles three Hongkong property giants Lim Soon Neo WHARF (Holdings) is one landlord that has a Gateway to billiondollar rental incomes, besides several other prime projects which recently opened their doors for business. Its soon-to-be completed Gateway I and Gateway 11, scheduled
      518 words
    • Article
      Central's biggest landlord set to gain
      514 75 Hongkong land, which has built up a reputation over the years as the biggest landlord in Central, is set to reap strong rental income this year on the back of sky-high rents. Its commercial properties dominate the business and .financial- tentre Three Exchange Square,
      514 words
    • Article
      Brave New World ventures out
      320 75 Hongkong property developer. New World Development, is living up to its name by venturing into new worlds America, South-east Asia and China. This is reflected in its HK53.462 billion (***** million) net profit for the fiscal year ended June 30, 1993. While it was underpinned
      320 words
    • Article, Illustration
      Lock icon London landlords looking forward to higher rents
      685 76  -  A shortage of prime space and an increase in demand have led to a more active investment market. Elaine Koh reports Elaine Koh The writer is the executive editor of Singapore Business LIFE is beginning to stir in the London office sector, with
      Source: IPD  -  685 words
    • Article
      Capital values for prime units surge 7pc
      679 76 The enthusiasm of Asian investors for London residential property does not appear to be misplaced, with capital values for prime properties rising 7 per cent last year. This signals an upturn after a steep three-year decline brought on by a protracted recession in
      679 words
    • Article, Illustration
      Deregulation will boost Jakarta property market
      853 77  -  Indonesian property developers stand to benefit From the country's latest deregulation measures. William Chia reports William Chia The writer is a BT correspondent THE Indonesian property market, which is already enjoying healthy demand from interest fcte falls and a fast growing middle class, will
      853 words
    • Article, Illustration
      Lock icon Asians making a beeline for Australia's property market
      1039 77  -  3S2r?-3. f South-east Asian investors are fuelling the recovery of Australian property, writes David Allen David Allen The writer is associate director of Colliers Jar dine's international division AS Australia's property market climbs steadily from its recessionary lows, buyers from South-east Asian
      Source: Collers Jardine Research  -  1,039 words
    • Article, Illustration
      Tales of the unexpected in Vietnam
      1415 78  -  Foreign property developers are going for big bucks in Vietnam despite operational problems, reports Harish Mehta Harish Mehta The writer is a BT correspondent WHEN Singapore corporate chief Koh Boon Hwee started doing business in Vietnam a couple of years ago, he knew he
      1,415 words
  • Page 51 Advertisements
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      Page 51 Advertisements Column 1
      85 51 N. In the competitive lousiness of managing money, you understand tetter than anyone else, g i how important it is to have tke rtgkt oKice premises. I tm Merrill Lynch S G Warburg Bayerische Landesbank Morgan Grenfell Bank Exim Credit Suisse Industrial Bank of Korea De Nationale Investerings Bank N.V.
      85 words
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      Page 51 Advertisements Column 2
      126 51 CONTENTS New players Pg2 A look at the new kids on the block Hotels -Pg7 Is there room for more? Offices Pgs 10,11,13 How does Singapore compare with the region? Also, take your pick of strata offices for investment. Residential Pgs 18-21 To buy or not to buy? Let these
      126 words
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  • Page 52 Advertisements
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      Page 52 Advertisements Column 1
      215 52 New high-rise luxury apartment in prime property Credit POSB packages loans for property purchases. And that's we do and do very t well. Providing loans particularly for private property or HUDC homes that are structured »>•* <** of easy^^cotnpetitiv^ i intelligent building features a main design attraction. J Temporaiy 0
      215 words
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  • Page 53 Advertisements
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      Page 53 Advertisements Column 1
      200 53 -r 4 There's A Strong Ohance knowledge to provideyou the best of investment returns. Our To Make JMoney Here. team of highly qualified staff will help you seize and This is certainly not a wild claim we are maximize your investment opportunities to making here. Because as one of the
      200 words
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      Page 54 Advertisements Column 1
      439 54 .low r THE HIVEHSIBE PIHm M W |C" T W IN THE HEART OF THE HISTORIC SINGAPORE RIVERFRONT DISTRICT An elegant archway spans your entrance into a circular, paved courtyard. You're greeted by a splashing fountain, and your car comes to rest outside glass lobby doors leading into a private
      439 words
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      Page 54 Advertisements Column 2
      137 54 Totally ceramics: the hew Rado 'Sintra'. J Simply captivating! The new Rado 'Sintra' with its avant-garde design, lustrously brilliant platinum-like look and the uncompromising use of an exceptional material: scratchproof, enduringly beautiful high-tech ceramics. But it's when you put this watch on that you really get to know it: cool,
      137 words
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  • Page 55 Advertisements
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      Page 55 Advertisements Column 1
      171 55 Blihi inmMhiTufi^afiMl iirTyTTT»IITU^^K ■< I H 111 m* 83 1M" 'I I 1 i'iil'i fil TmPfcSfl Ihk ?F With Daikin's innovative VRV technology and elegant, futuristic designs in a choice of wall-mounted, ceiling-mounted DAIKIN and floor-standing units, there's a Daikin to elevate the level of comfort and enhance the mood
      171 words
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  • Page 56 Advertisements
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      Page 56 Advertisements Column 1
      313 56 The most l;ntertaffi^enfMpre v HP "M^TOmfr-^^^tf JBm "f^r^ 4^l"' Mt&' in Singapore hasn t even dpe^KA c> AW m d Jh| IkJ* IB f i I m m^^ r !^V^V f 1911 -'f ■■Ih ■Mtot V B ■Pm|£9 *3iis* wfl Ey V fl B B V B I b I
      313 words
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      Page 57 Advertisements Column 1
      442 57 I i .<* I W~~ v I I Sanyo Airconditioners I No. 1 Selling I Aircon have a new feature I I in Singapore* 00 room I I fast Design* 1 not found on any I "TZtT?. f: 1 I 1 1 1 111 i The strength and confidence of
      442 words
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  • Page 58 Advertisements
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      1797 58 I COUNTRY CLUB "H- 9i jy 18-hole par 72 championship course in Johor to have 18 holes lit at night house is a sight to behold. It is a There is also a karaoke and TRADITIONAL d< that offers the challenges and and the first to use the Musco unique
      1,797 words
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      Page 59 Advertisements Column 1
      1578 59 ADVERTISEMENT H EXPERIENCED management and and the Wuxi Golf Course in China, the interior which will be plush and and country club, Mr David C Allen, professionalism comes to the fore at was the course designer for Pulai luxurious and yet in harmony with newly-appointed general manager of Pulai Springs
      1,578 words
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      Page 60 Advertisements Column 1
      204 60 to by From its earliest begin Longines has made the future happen in a alliance or technology f/y//BBll^B^^^^^B 1852. Auguste Agassiz charted the destiny of Longines. a Longines provided instruments and timepieces to those who opened new frontiers, includ- K ing Lindbergh, Byrd and I Amundsen. And Longines' I Vc>
      204 words
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      257 61 HOW TO GET THE MOST OUT OF w A V .x&j V, PER SQUARE FOOT. Relocate your admin functions to Hong Bahru Plaza Office Tower and save in rentals and CBD costs. If you're quick thinking on your feet, you'll Tiong Bahru Plaza's 20-storey Office Tower realize that Tiong Bahru
      257 words
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      173 62 FfllKl tI IN ASIA, SMART BUSINESS IS MOVING TO THE REPUBLIC OF SINGAPORE. IN SINGAPORE, IT'S MOVING TO REPUBLIC PLAZA. Already, Republic Plaza is attracting corporations who recognise Singapore's growing importance in the global economy. It is easy to sec why. The prestigious 66-storey Republic Plaza is more than just
      173 words
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      Page 63 Advertisements Column 1
      195 63 1 H9EHI!#,BVII!SiK REMUS pp WELCOME HOME! M Welcome to DBS Finance a provider of home HDS I lllOnC© lays financing since 1970. With our expertise, we Jk «mh%al can out an attractive financing package Mb rCO Carpal for you including a bridging loan if neccessary. m welcome to jb u
      195 words
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      426 64 m T T *i k m y 55F^^ Mk H m klfl ■ll■ gamnMm 9 ran Design, Fabrication and Installation of Architectural Metalworks MB J&f "T ''Is I ''..■'glißl* I *'3ft3MIIKiJ; M 1 r ;"""i?^'^JSf'g^^fe'iaJglL^^HßDßHßMMMl^fllgl V ~M The Policy of FINELINE TECHNOPOLIS (S) k vW df ~i t jpo PTE
      426 words
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      423 65 r Sip ft im9 s Sslis si ssssJgjMSß?! £SSS ki« iiil .MRjßji" mm&t |jP| Good German Family j^H M Looking For Prime Location. A location which will show off their German strengths to the fullest. Like their sound quality, prompt after sales service and crisp# dear pictures. They are the
      423 words
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      190 66 hi i i A- fIJMMBBp. J. «SNHIIHIfIHHHfI^MR r <-, i^WifrT^r ,r *^^WHff7'n/^^KaM^^^BM^^^^^^MHg||BMMH|^WjHBWMWSjH^M|MMgB»MBMIWB|HB|JBBaEWBM« j IMf> i J/Wm^ Naturally, The Best Deals Are Built On Exceptional sfe Experience. M IllSiEvery deal brokered by the Investment Sales Whether it be a $5 million or $200 million conDepartment is solidly backed by Knight Frank
      190 words
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      Page 66 Advertisements Column 2
      70 66 HUGE CASHFLOW 360 Dominion Road, Auckland, Now Za aland Wilson Horton Ltd wchof lnwil Ptus 4 ratai chop* and 4 othar opmmweW tartan* 3 road frontagaa Groaa building araa 124.800 aqft lapproxl. Nat rantal $1,*****0 pa. (approx) SMOMk WiBNESOAY 3RD AUGUST 1994 UXTU ta<«l 27 ASB Bonk Can*a 135 Aht
      70 words
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      Page 67 Advertisements Column 1
      183 67 /eve put together some Singapore's naosf V V prestigious Wildings. We are remembered today for the many prime property projects we've done. And many others in the pipeline that you will soon remember. To our credit, we have die worldhighly successful Raffles our industrial parks at Chai Chee Lorporation ruict
      183 words
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      Page 67 Advertisements Column 2
      177 67 V 4 V 9 f *X A 'm,- "Ht*- 1 >« »9*v|fc ,-v X All the trimmings of luxury and fine living have conver 8 in the design of '> Hie Premium Property Brand Manhattan Mansions Ex--1 quisite granite flooring extends you a hospitable welcomefrom the private lift lobby into
      177 words
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      440 68 Use your HDB flat TO dWP EXTRA MONEY without having to dell it with your HDB flat. With our HDB Home Special, you can unlock up to $300,000 on HDB flat without having to sell it. At today's current market fm 9/Im} the value worth 2 to 3 times more
      440 words
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      74 70 :JLT > >♦ v ■*r 1 -S-wfe v Suntec City. The Business Capital of Asia. Suntec City Tower is now available for lease. Call Suntec City: 295 2888, Jones Lang Wootton: 220 3888 or Knight Frank: 222 1333. The 18-storey tower is part of the biggest commercial development in Singapore.
      74 words
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      86 71 Ji fifn ifeffi "i*>m fr^il^^M |lr< MHBB—rrTT- /;H;;iw:S v ,f n .M,|nn.| MMm tiff iiiiim O* Tht PlUlOQir h«(«t>« 'tM>*«l It*# r«M lO iNKI C»>"MI O* otto*»t<o»>» to It* ComfMl •iff*OUl WtCt. M«t b®®»»» n *CMM'T d»ected Of ■PP'OVfd by IN IiMM MhO)4f Th fi.rtri.innm.nl Author <fv s*o»i <r> no
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      279 72 c&c for Human Potential I 2 3 f I 'T)@(?' I o i AAA aw«. Ti(Ty(r I f 7 X B 9 c 1 I I 1 r-, 4 I I 8 I -wasny I I I I HOLO Q j The NEC Electronic Key Telephone Home Automation System SK3OBV.
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      58 73 (Seeking to acquire for occupation or investment in UK/Europe? Why buy property advice "off the peg" when we can give you a professional service I tailored to your exact requirements. For more information, telephone or fax: f John J. McSherry Associates, j "Howletts", Argos Hill, Rotherfield, I East Sussex TN6
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      74 73 1 V V i.'- -'.fr* 'Mivv';".T> >*• s V V/vi jC* tM*\ ''%A -J" iv \y. i -v.j f; There is p^i 1 the world s iashion w 'j 1 1* r* v *I»• .?*■V '1 vi.'. -'jay «r»:V 'v-V;' B- ■I■ I M I I II m 1 I
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      503 74 w pm- Je I s Bpß SMM 9H isKstif* j[ jtL pi r §9 j j ■HMwV iii 1 IHE 9B nfifes Arrisf i tmpmtmm Vmttty M Te/t C/ In District 10 /I Gilt-Edged Investment Crafted With Loving Care. From the spectacular J Facilities To Meet Your Needs. 7 most
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      283 75 ®i l I CENTfi^I CORNER ALBERT SWANSON STREETS, Prime 16 Level CBD Office Tower NLA 6185 sq. metres (66,575 sq. feet) 4 Retail Shops I 67 Car Spaces "EXPRESSIONS OF INTEREST" KpwMl CLOSE 15 AUGUST 1994 BjfiKUiIUUSI for you^jWg^ With fast approval and flexible terms, Faster Approval Bridging Loan Pre-Approved
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      141 76 S--*i diw i SpW<»r>: Si.w JS. J SI I A For bookings and enquiries: Q K Condo tr at r |U .V Ycm7 SING DEVELOPMENT (PTE) LTD U PP er Thomson R<l Conipnsmg 66 Umte J/ i >SDL< 96 R ob i nson Rd, #03-06, iJ No restriction to foreigners
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      190 77 I nmmm "SCf r 1 1 1 Modern 5 Level Office Building lll"l V f 75 undercover car parks. 85% leased. DISTINCTIVE Net lettable area ***** ft' CONTEMPORARY Net passing income $280,440 pa UNSURPASSED LOCATION Government Valuation $3.2 million For more information contact the aole agent ■"■■■l John Goddard (JLW
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      441 78 J Looking at the enormous investment potential of commercial property these days, you'd never have guessed how different the values were around 10 years ago. From the height of the mid-80 s recession till today, JLW has been instrumental in helping Singapore's commercial property realise its true value. We employ
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