The Business Times, 24 August 1994

Microfilm: NL19570
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA N MITA(P) 010/12/93 Wednesday August 24 1994 75'
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow up 37.88 points
      50 1 Reuter NEW YORK Wall Street stocks racked up large gains at midsession yesterday. At Ipm EDT, advancing issues led declines 13-6 on volume of more than 180 m shares on the NYSE. At 2pm EDT, the Dow Jones Industrial Ave stood at 3,789.10, up 37.88. Reuter
      Reuter  -  50 words
    • Article
      Lock icon S'pore govt ups stake in Mentor Graphics
      53 1 Reuter WASHINGTON The Goverment of Singapore has raised its stake in Mentor Graphics Corp's outstanding common shares to 6.41% from about 5.32%. It bought 435,000 shares between Jun 20-Aug 10 at US$9.5O to U5510.94 each, according to a filing with the Securities and
      Reuter  -  53 words
  • Article
    MARKET SUMMARY
    161 1 Stock mint indices Tuesday Change STIl 2,302.88 -18.06 KLSEComp 1,146.35 -3.85 Nikkei 20,380.78 -13.80 Hang Seng 9,234.06 -223.27 SET Index 1,471.85 -17.71 Jakarta Comp 496.43 +4.01 CLSA China B ....1,126.84 -3.07 Aust All Ord 2,051.6 -12.0 FTSE 100 3,175.1 +3.8 Tuesday Previous 2 pm dose Dow Jones 3,789.10
    161 words
  • Article
    Two S'pore firms in Myanmar deal to develop $4b township
    335 1  -  Reports from Loh Hui Yin in YANGON TWO Singapore companies in partnership with the Myanmar government plan to develop a Ss4 billion self-con-tained township on the delta of the mighty Irrawaddy River. The project, to take shape over two decades,
    335 words
  • Article
    Building materials maker eyes listing on SES
    334 1 YANGON Building materials manufacturer PD group, which is undertaking a massive development project in Myanmar. has applied for listing on the main board of the Singapore Stock Exchange. The company's founder and major shareholder. Poh Ah Tee, would not give details yesterday about
    334 words
  • Article
    Bank Negara warns against excessive loans to buy shares
    401 1  -  From Ho Kay Tat in KUALA LUMPUR BANKS in Malaysia lent more money for share purchases than to any other business sector in the first half of this year and the central bank has cautioned them about such loans. New loans
    401 words
  • Article
    Corrections and clarifications
    143 1 IN our Hock Lock Siew column on Aug 18, headlined "Local banks' second-half potential may have been underestimated", we quoted DBS Bank "insiders" as saying that in the current half the bank may not be able to do better than its first six months. DBS clarified the
    143 words
  • Article, Illustration
    Lock icon Poor response forces HK govt to withdraw auction site
    520 1  -  From Lim Soon Neo in HONGKONG THE Hongkong government was forced to withdraw a plot from its land auction for the first time in a decade yesterday because of poor response and in the process sent the blue-chip Hang Seng Index
    Source: Bridge Info  -  520 words
  • Article
    SPH places out 11m new Foreign shares, raises $280m
    304 1 SINGAPORE Singapore Press Holdings yesterday placed out 11 million new SPH Foreign shares at $26 apiece, mainly to institutional investors. The private placement, equivalent to just over 4 per cent of SPH's issued capital, netted the company $280.28 million after estimated
    304 words
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      262 1 Regional Analysis: Pg 12 US-Asia business links D BKIiNO MAGU A w, j^gPfpt Centrepomt #01-30 Tel: 737 4509 Paragon By Sogo #01-19 Tel: 734 9935 The secret of their success m i. I I SINGAPORE Koh Tiat Meng (second from right), chairman of construction group Koh Brothers, was joined by
      262 words
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      20 1 Hock Lock Siew: Pg 21 The next frontier in China More reports, Fg 20 Cooperation in tourism Fair Price's plans
      20 words
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      Page 1 Advertisements Column 3
      144 1 Bottom Line: Pg 20 World Bank: US mouthpi&q£-r~ 1994 profit forecast: What manufacturers expect, Pg 2 Seapower's profit soars, Pg 24»CCLup 61pc, Robinsons up lOpc, Pg 21 v 4-.' r^l^kv. I !t*&B J (r «*i I Canon I ■HHMHHHHb 1 iii lll——l Now You Can Afford A High Quality Fax
      144 words
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      47 1 The World's Favourite ■Sk. iBL Children's Wean^_ !;Sf fj 0 v /iPf i ,J< Ta OSHKOSM OXfcOOM BOUTIOUU 4k AM «ixabu«M Mmm V g L wi-wn—n»tnii|iM itratm \\lJr 3 <* a itiMMhM N W «MteC% WttM mmm mm I momm> jf jf o«» eh»p«— r>m u* w n««w
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Housing and food rein in July rate
        330 2  -  By Ven Sreenivasan SLOWER RISES in the cost of housing and food helped moderate last month's ycar-on-year inflation rate to 3.7 per ccnt. Over the previous month, July's Consumer Price Index was up 0.2 per cent. The housing cost index rose by 1.7
        Source: Dept of Statistics  -  330 words
    • Article
      Judge adjourns Pacific Can suit
      312 2 A LAWSUIT by Edward Goh Kim Hai against his former company Pacific Can Investment Holdings was adjourned yesterday after the judge said it might not be appropriate for him to preside over the trial. High Court Judge Warren Khoo told the parties he recently gave
      312 words
    • Article
      HDB looking into extension of CPF housing grant scheme
      409 2  -  By Lilian Ang THE HOUSING and Development Board (HDB) plans to review the CPF Housing Grant Scheme later to see if it should be extended to cover married children who buy resale flats near the private residential properties occupied by their
      409 words
    • Article, Illustration
      Another old dame gets a face-lift
      184 2  -  Photo and text by Arthur Lee BY THE end of October, visitors can once again take in the glory of Singapore's oldest Christian church. Gazetted a National Monument, the Armenian church was built in 1835 for the then princely sum of $5,058.30 (Spanish dollars).
      184 words
    • Article
      Lukewarm response to Far East's Regent Park
      265 2  -  By Markos Tando ONLY 20 per cent of the flats at Regent Park, a luxurious condominium project by Regenthill Properties Pte Ltd, a member of Ng Teng Fong's Far East Group, have so far been sold. A property broking source said about SO
      265 words
    • Article
      More manufacturers expect profits to stay flat: SMA poll
      414 2  -  By Chuang Peck Ming DESPITE rapid growth in output, more manufacturers expect profits to stay flat this year. Of 195 companies polled recently by the Singapore Manufacturers' Association, 17.4 per cent expect earnings to stay the same, up from 14.9 per
      414 words
    • Article, Illustration
      Life of President Ong between pages
      149 2 SINGAPOREANS will be able to share in the life and times of President Ong Teng Cheong, when all is revealed next month in his biography, Ong Teng Cheong Route to Istana. The book, in Mandarin, will be launched by Lim Kim San, chairman of
      149 words
    • Article
      More protection for consumers
      68 2 THE Singapore Institute of Standards and Industrial Research announced yesterday that four new product categories will come under the Consumer Protection Regulations Scheme. They are: table and standing lamps; toasters, grills, roasters, hot plates and similar appliances; clock radios and other portable audio products running on
      68 words
    • Article
      Textile body picks new head
      53 2 THE Textile and Garment Manufacturers' Association of Singapore has elected Patrick Lee, managing director of Sing Lun Co, to be its new president. He replaces Christopher Koh, director of Pacific Garment Manufacturing, who will become the association's secretary-general. The association elected its 1994-95 executive committee
      53 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      178 2 im HOW MANAGING DIRECTORS W J| TRAVEL WHEN THEY'RE H II NOT ON COMPANY EXPENSE. M /Su You just can't beat a Jetabout China tour. We use experienced English speaking guides EVoj< and give you maximum flexibility on departure dates. China has a lot to offer and we BB? have
      178 words
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      Page 2 Advertisements Column 2
      25 2 SAFART lAMY 9 BALMAR marketing C 5 fl TCll*l f/r TEL: 235 9577 I Member of Jtbttn k lessen Croup of Companies South East Asia
      25 words
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      Page 2 Advertisements Column 3
      145 2 BUSINESS TIMES TOLL-FREE TEL. No. 1-000-741-1883 FAX: 741-1296 Management Consulting We are an Asian-based firm working for major European and North American multinational clients in the areas of corporate strategy and its implementation, business re-engineering and change management. We currently have openings for high caliber people in Singapore. Jakarta, Bangkok
      145 words
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  • SOUTH-EAST ASIA
    • Article
      Indonesia in drive to boost trade with Russia
      332 3  -  From John Helmer in MOSCOW INDONESIA is starting a drive to boost trade with Russia, following agreements between the two countries' central banks, and the decision by Jakarta to accelerate payment of its outstanding debt to Moscow. Agreements were signed earlier this
      332 words
    • Article
      Unique NF coalition keeps lid on racial politicking: Mahathir
      312 3  -  From Ho Kay Tat in KUALA LUMPUR THE National Front (NF) is a unique coalition government that has worked well to minimise racial politicking in multiracial Malaysia and enabled the country to prosper, Prime Minister Mahathir Mohamad said. Formed in 1974
      312 words
    • Article
      Lock icon Good prospects for improving Sino-Indon bilateral trade
      209 3 Reuter JAKARTA Prospects for strengthening bilateral trade and investment links between Indonesia and China are bright because the two Asian giants need each other. Antara news agency yesterday quoted Sukamdani Gitosardjono, head of the Indone-sia-China Economic, Social and Cultural Institute, as saying: "Trade
      Reuter  -  209 words
    • Article, Illustration
      Lock icon Cambodia appeals for US$1.3m
      58 3 Reuter PHNOM PENH Children pushing a stalled car through high flood waters in front of Phnom Penh's Royal Palace on Monday. Cambodian Red Cross president, Princess Marie, on Monday bolstered an urgent appeal for nearly US$l.3 million (Ss2 million) in Hood relief as she warned of
      Reuter  -  58 words
    • NOTE BOOK
      • Article
        Lock icon Hanoi in patents dilemma: US lawyer
        134 3 Reuter HANOI Vietnam is at a crossroads on protecting trademarks, patents and other intellectual property whether to strengthen safeguards or to allow a counterfeiting industry to develop, says a foreign expert. So far. it has come down on the side of protection. "I believe
        Reuter  -  134 words
      • Article
        Lock icon PAL posts loss of 451 m pesos
        73 3 Reuter MANILA Philippine Airlines recorded a net loss of 451.4 million pesos (5525.5 million) in the year to March 31, against a 1.02 billion peso profit the year before, a company official said yesterday. But he said revenues rose to US$l.Ol billion (SSI.S
        Reuter  -  73 words
      • Article
        Lock icon World Bank okays Subic loan
        88 3 Reuter MANILA The World Bank has approved a US$4O million (5560.4 million) loan to improve infrastructure around the Subic Bay free port and industrial zone in the Philippines, the government said yesterday. The loan would allow the Subic Bay Metropolitan Authority, which runs the former
        Reuter  -  88 words
      • Article
        Lock icon Thai full-moon frolics must end: police
        107 3 Reuter BANGKOK The new police chief of a southern Thai island has ordered an end to wild parties that attract hundreds of young tourists on full-moon nights. Lieutenant-Colonel Prachuab Sangplod said yesterday the parties were uncivilised and damaged the image of Phangan Island. "These
        Reuter  -  107 words
    • Article
      Lock icon Last 2 ex-directors in Bapindo scandal appear in court
      327 3 Reuter JAKARTA The two final suspects in Indonesia's biggest state banking scandal, both former Bapindo directors, appeared in court yesterday charged with corruption and causing losses to the state. Their first day in the dock was a low-key affair, with public
      Reuter  -  327 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      483 3 I You stand a chance B win over SI 0.000.00 in ■■YYYYYT V I our monthly draw! yft Imllmmlilmß B That tf> e^ ns aircon's B Y||i|l| |I|i|l 9 .jTTi. n f a r I choice for eight years running, now gives you I eV6n mor6 r6aSon t0 m3ke Ur
      483 words
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  • CHINA/HONKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Taiwan's first money-laundering Bill
        61 4 AFP TAIPEI The Justice Ministry has drafted Taiwan's first-ever Bill against money laundering, requiring financial institutions to check the identity of suspect depositors before transactions go ahead, ministry officials said yesterday. Institutions must also inform the Finance Ministry or another designated body about clients involved in
        AFP  -  61 words
      • Article
        Lock icon China to annul HK reforms
        80 4 Bloomberg Business News BEIJING China's parliament, the National People's Congress, will formalise Beijing's decision to annul Hongkong political reforms and introduce a series of banking laws during an eightday session beginning tomorrow, the People's Daily reported yesterday. The NPC would discuss the issue of re-organising
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Cheaper loans for Taiwan coral firms
        66 4 AFP TAIPEI Taiwanese authorities will offer low-interest loans to aid local coral product manufacturers hit hardest by a US trade ban, an economics official said yesterday. The loans, to be appropriated from the NT$B billion small and medium-size enterprise assistance fund and carrying annual
        AFP  -  66 words
      • Article
        Lock icon Taipei names trade rep in US
        53 4 AFP TAIPEI Taiwan has named an economic and trade expert to head its representative office in the US, the China Times Express reported yesterday. Benjamin C Lu, 59, incumbent representative of the Taipei Economic and Cultural Office in Belgium, will replace Ding Mou-shih in
        AFP  -  53 words
      • Article
        Lock icon HK hails IMF, World Bank meetings
        58 4 AFP HONGKONG The Hongkong government welcomed yesterday the decision by the World Bank and International Monetary Fund (IMF) to hold their general meetings here from Sep 23-25, L 997, after China's takeover of Hongkong. Acting Financial Secretary Donald Tsang said: "The decision is itself
        AFP  -  58 words
    • Article
      Lock icon Taiwan to use farm aid to foster diplomatic ties
      158 4 AFP TAIPEI Taiwan authorities are drafting a plan to boost agricultural aid to Asia-Pacific nations to expand the island's diplomatic ties. The plan aimed to help Taiwan break out of its diplomatic isolation by using agriculture cooperation, said Sun Ming Hsien,
      AFP  -  158 words
    • Article
      Lock icon Dalian seeks full foreign funding for new subway
      398 4 Reuter DALIAN, China The northeast China city of Dalian is seeking up to 100 per cent foreign funding to build a new two-line subway. Mayor Bo Xilai told a news conference yesterday. He said the city was also seeking foreign capital to
      Reuter  -  398 words
    • Article, Illustration
      A bit of S'pore coming to a city in China
      274 4  -  By Schutz Lee SINGAPORE Residents of Nanning city in China's south-western Guangxi province may enjoy living conditions similar to those in Singapore in two years' time when the Singapore Town project is completed. A report by the Xinhua News Agency
      274 words
    • Article, Illustration
      Lock icon Through the looking glass
      45 4 AFP TAIPEI A little girl taking a closer look at Small Bay by French glass artist Pidier Tisseyre yesterday. There are 86 glass artworks by 34 French artists on display at a six-day exhibition at the Taipei Fine Arts Museum. AFP
      AFP  -  45 words
    • Article
      Lock icon Beijing sets up steel body to curb unchecked imports
      266 4 Bloomberg Business News AFP BEIJING China has established a national steel trade organisation in a bid to curb unchecked imports that in the past two years have caused huge domestic surpluses, Xinhua reported yesterday. The new Steel Sub-commit-tee, set up on
      Bloomberg Business News; AFP  -  266 words
    • Article
      Lock icon China orders end to steep rises in food prices
      139 4 Reuter BEIJING China's Ministry of Internal Trade yesterday issued an urgent order demanding an end to steep rises in food prices. State radio said the order told all localities to take action to end the sharp increases in advance of the
      Reuter  -  139 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      102 4 At Express we take a highly balanced view Which we believe A heavy freight the same efficiency and speed as smaller Simply because way the world operates. For good a across quickly because it's we delay hardware because Wi Snip It course has to be backed W with a strong
      102 words
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  • REST OF ASIA
    • Article
      Lock icon Japanese bosses slowing down job cuts: poll
      542 5 Effect of stronger yen on economy smaller this year due to restructuring efforts by exporters and manufacturers AFP Reuter TOKYO Japanese employers are not axing jobs as aggressively as a year ago despite growing fears about the adverse effects of the strong yen,
      AFP; Reuter  -  542 words
    • Article, Illustration
      Lock icon NZ archive sheds light on Japanese-Chinese war
      306 5 Reuter WELLINGTON A mystery photographic archive of the 1937 Chinese-Japanese battle for Shanghai has surfaced in New Zealand, providing new evidence of atrocities and civilian casualties. Laurie Barber of the University of Waikato said yesterday the trove included pictures of Chinese Nationalist leader
      Reuter  -  306 words
    • ASIA NOTES
      • Article
        Lock icon S Korean economy seen growing 8.3pc
        99 5 Bloomberg Business News LONDON The South Korean economy is expected to grow 8.3 per cent this year, but will slow to 7.6 per cent next year, according to the Korean Development Institute, the Financial Times reported. The growth spurt, after two years of economic
        Bloomberg Business News  -  99 words
      • Article
        Lock icon Tokyo firm wants to build N-reactors
        90 5 AP TOKYO Tokyo Electric Power Co has asked for government permission to build two new nuclear reactors, a spokesman said yesterday. Hiroyuki Kurota said the world's largest private utility was waiting for permission to do environmental impact studies, which would be tantamount to permission
        AP  -  90 words
      • Article
        Lock icon Japan's industrial output up
        78 5 Reuter TOKYO Japan's industrial production is expected to continue to rise and fall for the time being as final demand lacks the force necessary to boost production across the board, a Ministry of International Trade and Industry (Miti) official told a news conference. Commenting on the
        Reuter  -  78 words
      • Article
        Lock icon Kidnapped S Koreans return home
        160 5 AP SEOUL Two South Koreans, said to have been kidnapped by North Korean soldiers, have returned home safely with the help of Chinese authorities, Seoul's intelligence agency announced yesterday. The announcement comes a day after the communist North denied charges of kidnapping hundreds of South
        AP  -  160 words
    • Article
      Lock icon Seoul selling US$240m armoured vehicles to KL
      176 5 AFP SEOUL South Korea has agreed to export 400 K-200 armoured vehicles valued at US$24O million (SS36O million) to Malaysia along with related technology, the Defence Ministry said yesterday. It will be South Korea's biggest arms sales contract, and the ministry said a
      AFP  -  176 words
    • Article
      Lock icon Aussie, Indon ministers meet on trade, investment
      332 7 Bloomberg Business News Reuter CANBERRA Australia hopes to cash in on strong growth in its nearest neighbour Indonesia through its expertise in infrastructure construction, processed foods, financial services and telecommunications, says Australian Foreign Minister Gareth Evans. Addressing a ministeriallevel meeting between both countries,
      Bloomberg Business News; Reuter  -  332 words
    • Article, Illustration
      Lock icon No to bigger foreign share of car market
      41 7 Reuter SEOUL Workers representing South Korea's labour unions staging an anti-US protest outside the American embassy here yesterday, demanding that Washington stop pressing Seoul to open wider its car market to foreigners. Reuter
      Reuter  -  41 words
    • Article
      Lock icon Seoul expanding incentives to attract foreign investors
      275 7 Reuter SEOUL South Korea has prepared a draft revision of its foreign investment law that expands incentives for investors from abroad, the Finance Ministry said. The draft bill calls for an expanded five-year corporate tax exemption for foreign investors, against three years at
      Reuter  -  275 words
    • Article, Illustration
      Lock icon Evans expects supply side squeeze on inflation
      260 7 Reuter CANBERRA Australian Government leader in the Senate, Gareth Evans, said it was reasonable to expect supply side pressures on inflation in the future. "It's a reasonable expectation, given present rates of growth, and all that we anticipate about likely surges of investment
      Reuter  -  260 words
    • Article, Illustration
      Lock icon Sri Lankan president seen as a lame duck after rivals' success
      493 7 Reuter COLOMBO Sri Lankan President Dingiri Banda Wijetunga is seen as a "lame duck" in the post, unable to wield his powerful authority after the recent election win of his political opponents, the People's Alliance. Political analysts yesterday said
      Reuter  -  493 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      475 5 mm T HHIM "If you cant rely on your equipment, you're sunk." The first yacht to cross the line in the 1990 make, from the first operation on the first tiny Round the World yacht race was designed by part through to final assembly in Geneva. Bruce Farr. The movement
      475 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      422 6 Save even more Calling Singapore from overseas is now more economical and affordable. From 1 Aug '94. SingaporeDlßECT rates have been reduced from operator-assisted rates to IDD rates (charged in 1-minute blocks). So you can enjoy savings up to 67% on your calls home. See below for how much you
      422 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      108 7 Cxi I M- mr^' Golden Bridge, 18K Solid Gold case with crocodile-akin strop, mechanical movement, white or blue soleil dial. TTke most fitting and elegant dress watck. Golden Bridge from Universal Geneve. Calikre 20 meckanical movement. 18K yellow Gold case. Domed Sappkire gl ass. Blue or wkite dial. Roman or
      108 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Clinton to attend Apec summit
        77 8 Reuter WASHINGTON President Clinton will attend the second summit of Asian countries in the Asian Pacific Economic Cooperation group in Indonesia in November, the White House said on Monday. White House spokeswoman Dee Dec Myers said Mr Clinton had also accepted an invitation from Indonesian
        Reuter  -  77 words
      • Article
        Lock icon Texans eye Mexico in wake of polls
        105 8 Reuter HOUSTON The investment eyes of Texas arc looking south to Mcxico as experts predict the nation's presidential election will signal a peaceful power transition and booming economic times for Mcxico and the Lone Star State. Mexicans went to the polls on Sunday
        Reuter  -  105 words
      • Article
        Lock icon SEC sues US contractor
        62 8 Reuter NEW YORK THE US Securities and Exchange Commission (SEC) sued a federal contractor on Monday, alleging it was controlled by a convicted felon indicted in connection with a family mob case. The financial regulatory body's lawsuit, filed in US District Court, seeks an order forcing
        Reuter  -  62 words
      • Article
        Lock icon Russia, China to sign missile deal
        79 8 Reuter MOSCOW Russia and China will sign an agreement not to target each other with strategic missiles early next month when Chinese President Jiang Zcinin visits Moscow, a senior foreign ministry official said yesterday. Mikhail Bcly, in charge of Far East affairs, told a
        Reuter  -  79 words
    • Article
      Lock icon US business borrowing up, economic expansion on track
      637 8 Bloomberg Business News WASHINGTON Businesses increased their appetite for bank loans in the past three months, the Federal Reserve said on Monday, signalling that the business investment powering the US economic expansion remained on track. Meanwhile, a more complex picture is emerging
      Bloomberg Business News  -  637 words
    • Article
      Lock icon Republicans want major revisions in crime Bill
      320 8 Los Angeles Times WASHINGTON A day after the House resuscitated a compromise US$3O.2 billion (5545.3 billion) crime Bill, the legislation began an equally dangerous journey on Monday in the Senate, where Republicans warned that they will attempt a procedural manoeuvre to force major
      Los Angeles Times  -  320 words
    • Article
      Lock icon Russia, Germany agree to cooperate to prevent N-material smuggling
      256 8 NYT Reuter MOSCOW Russia and Germany agreed on Monday to cooperate to prfevent the smuggling of nuclear materials by tightening border controls and improving the exchange of information between their intelligence agencies, officials of both countries said. A series of seizures
      NYT; Reuter  -  256 words
    • Article, Illustration
      Lock icon Election marks turning point for Mexico: US analysts
      491 8 Reuter WASHINGTON Sundays election marked a turning point for Mexico's politics, according to United States analysts who see the ruling Institutional Revolutionary Party (PRI) on a firm course to democrat isat ion. However, the US government and most specialists held back from
      Reuter  -  491 words
    • Article
      Lock icon Clinton meets Fortune 500 leaders
      221 8 UPI WASHINGTON President Bill Clinton on Monday met four business leaders, representing 50 Fortune 500 companies. who were generally supportive of universal health care coverage and shared employer financing. But the leaders expressed concern that pending legislation in the Senate would have an adverse impact
      UPI  -  221 words
    • Article
      Lock icon Iraqi businessman confirms shares deal with Archer
      161 8 Bloomberg Business News London An Iraqi businessman on Monday confirmed he had been involved in a "private deal" with Lord Archer over the purchase of shares in Anglia Television Group pic. The Independent said. The statement by Fawzi Broosk Saib, who was reported
      Bloomberg Business News  -  161 words
    • Article
      Lock icon IBM's E-mail on healthcare raises corporate eyebrows
      449 8 Bloomberg Business News ARMONK, New York An electronic mail message zapped to International Business Machine Corp employees has turned into something of a hot potato for the company. Last week, the computer giant's 110,000 US employees received a sternly worded Ismail letter from
      Bloomberg Business News  -  449 words
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      Page 8 Advertisements Column 1
      163 8 A Blue Chip Industrial Investment. New 7 Year Lease to a Major International Truck Manufacturer. ,-a.. 72 Formation Street, Wacol, Brisbane, Australia. Excellent International Tenant Large Site (18,910m2) with additional development potential Gross Building Area 5,165 m? 617 033 9833 Well located in rapidly growing area ■■HM Ken Madsen Bill
      163 words
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  • WORLD FOCUS
    • Article, Illustration
      US health care plan: Hairy and Louise v Bill and Hillary
      1526 9  -  From Leon Hadar in WASHINGTON IT WAS during the summer of 1992, at the heat of the first post-Cold War presidential elections, and in the midst of a troubling economic recession, that Bill and Hillary Clinton raised health care
      1,526 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      237 9 U.S. $2,000,000,000 a The Republic of Argentina Euro Medium-Term Note Programme Series No. 07 u.s. $*****0400 Floating Rate "Dragon Bonds" Due 1997 In accordance with the provisions of the Notes, notice is hereby given that for the Interest Period from August 22, 1994 to November 22,1994 the Notes will carry
      237 words
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      Page 9 Advertisements Column 2
      170 9 l<m hxir Swra Ho.rU LtJ #> Annoimdbtigf a Singapore notel that devotes tinrelentingf attention to sometningf of gfreat interest to you. You. Introducing Fo u r Seasons Hotel Singapore. Singapore has become Southeast Asia's crossroads of business. .To help you give it your full attention, Four Seasons gives its full
      170 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      883 10 A BT Special Advertising Feature New Brunei showroom, service and parts facility opens today dH General Mr Francis Lee, seen here QAF a the local market QAF the QAF was to market the It open parts high quality, Management exper- pore's cars In The new main focus be on products
      883 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      290 11 > V<«'•'.' •J.,V... •>- nd function Saab's -mula for success I -1 1 F v<>. f c I J gi >. Jt-' The latest evolution of the Saab 9000 now offers more than ever before le Import Car of the Year 1993/94, beating tion of its production resources to establish
      290 words
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      Page 11 Advertisements Column 2
      741 11 Saab's sales soar to record levels with Trans Eurokars facturer of a premium" Swedish automobile, and the local discerning customer. U*-m "The product with all its tangible and aes- thetic qualities must be packaged with value Proposed new headquarters for Trans Eurokars Pte Ltd in Woodlands added service to make
      741 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      US still has pull as investment destination
      1220 12  -  US-Asia business links Special to BT CHWEE HUAY OW-TAYLOR CHWEE HUAY OW-TAYLOR The writer is the managing partner of Amerasia Business Economists, based in Alexandria, Virginia, US SINGAPORE investments in America are shifting out of the country, in an apparent new trend. Partly
      1,220 words
    • Article, Illustration
      Tax pacts the missing link in surging US interest in Asean
      1068 12  -  Special to BT ROBERT DRISCOLL ROBERT DRISCOLL The writer is president of the US-Asean Council based in Washington DC AMERICAN investments in Asean are growing. Official US statistics put the US investment at USS2O.4 billion (SS3I billion), nearly double
      1,068 words
    • Article, Illustration
      The Singapore network that grows and grows
      1507 13  -  US-Asia business links LEON HADAR LEON HADAR The writer is BT's Washington correspondent THEY are among the new Asian corporate leaders of America. They are Singaporeans. And they Alfred Chong, John Chua, Patrick Quek, Debra Chew and Christopher Yeo belong to the same
      1,507 words
  • Page 12 Advertisements
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      89 12 PKVVf!n9!nf9Vf9!Vn!V9MRVI^!V Busy working adults and write quickly, easily and effectively. HB Developed by Harvard University languages through pictures. TCTNOW! For more information call Tel: *****39/*****06 p-'— C"f «*°n9 I Mailing Address: Name 1 1 J STP Distributors Pte Ltd Actaress J I p Sox 693 Occupation: 11 Serangoon Central Te|
      89 words
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      90 13 B THE LINK BETWEEN THE PAST AND THE FUTURE ifliM• ■IP' mega Scam aster. W- 'fjr< champions alike have relied on OAA CI A tM Omega's highly sensitive timing r WML f f equipment. The sign of excellence Mm *'rffl V BD&ll W i* *J*' 'T? Sole Agent and Service
      90 words
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      719 14 fei^WoHiingßeflisAßud-ft^Til or gFULL DRV I SEMINAR PACKAGE at only $45.00 per person Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel and our excellent seminar packages. For only $45 per person for
      719 words
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      Page 14 Advertisements Column 2
      328 14 WHERE TO WINE, DINE AND ENTERTAIN JHl^■■■■^ Thai Food Desserts Festival 8-28 August Try a sumptuous Thai buffet with a whole array of the most delicious desserts prepared by Thai chefs from Royal Princess Hotel, Bangkok. Available for lunch or dinner at 18.50 (adult) $12 (child). Menu changes regularly. Prices
      328 words
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      Page 14 Advertisements Column 3
      323 14 into THi E^nzmrr.^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening Showtime*: B.oopm to 8.30pm 9.30pm to 10.00pm 7th ioor Omot I'mon rtouvr CtJkyrt Qmy Support 01CH Td 224)912 (Mma/fi
      323 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Bitter-sweet note for exiled S African jazz musicians
      666 15  -  Joy is tinged with sadness for South African jazz musicians who are returning home after years in exile abroad, reports Judith Matloff Judith Matloff Reuter FOR South African jazz musicians ending long exiles abroad during the apartheid era, the return home often
      Reuter  -  666 words
    • Article, Illustration
      Lock icon Warner banking on Ford
      551 15 CHATTBtBQX~ UPI UPI AP AP UPI AP UPI WARNER BROS is working on a remake of Dods worth under the direction of Milos Forman with hopes of landing Harrison Ford to play the lead role. And why is Warner high on Ford? Because the actor has
      UPI; AP  -  551 words
    • Article, Illustration
      Lock icon Punk mastermind McLaren pays tribute to Paris
      713 15 AP A SLEEK sexy couple flirt and embrace, then she slaps him and walks away along the Seine as a video camera rolls. It could have been a great shot for Malcolm McLaren's new music video if not for that jogger who ran
      AP  -  713 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1215 15 TV RADIO Crimebroker, 11pm, Scarries. oper- eyf#* sells to < to the a PtiS& > lai^H respectibility. Masayo Japanese who into opera- jfl lan Barry (no to John) directs this 1993 producAlaska's Bald Eagle, spm. SBC 12 w m Although touted as the symbol V V of America, the bald
      1,215 words
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  • SPORTS
    • Article, Illustration
      Lock icon Christie ties own record in 100m quarters
      743 16 AP VICTORIA, British Columbia World champion Linford Christie was billed as the star of the Commonwealth Games and, after a leisurely first race, he lived up to expectations. The 1992 Olympic gold medallist at 100 metres had the slowest winning time of all
      AP; Reuter  -  743 words
    • Article
      Lock icon Match-fixing: KL soccer body offers M$200,000 reward
      467 16 AP Reuter KUALA LUMPUR Malaysia's soccer body has put up a M 5200.000 (SSI 17.400) reward for the arrest and conviction of any bookmakers to counter rampant match-fixing in its professional league, Malaysian newspapers said yesterday. Also, a reward of MS 100.000 would
      AP; Reuter  -  467 words
    • SIDE LINES
      • Article
        Lock icon Whole lot of holes-in-one
        118 16 AFP ORD, Nebraska Three weekend players found themselves within driving distance of golfing heaven here on Sunday when they all sank holes-in-one. "It was like a big vacuum in the centre of the earth," said Roland Shafer. "It just drew these golf balls in there." Fred
        AFP  -  118 words
      • Article
        Lock icon Faldo gives Dunhill Cup another miss
        96 16 Reuter LONDON Nick Faldo has decided not compete in the £1 million (552.33 million) Dunhill Cup at St Andrews in October, officials said on Monday. Faldo. a member of England's winning side in 1987, qualified along with Mark Roe and Howard Clark but has
        Reuter  -  96 words
      • Article
        Lock icon Doctors fume at golf tobacco sponsorship
        96 16 AP OTTAWA A group of doctors has posted signs slamming smoking to protest at a women's golf tournament sponsored by the tobacco firm du Maurier Ltd. On roads near the Ottawa Hunt and Golf Club. Physicians for a Smoke-Free Canada put up signs declaring
        AP  -  96 words
      • Article
        Lock icon Chesnokov shows he's a good sport
        126 16 Reuter SCHENECTADY, New York Russian Andrei Chesnokov displayed sportsmanship rarely seen in tennis when he gave American Jimmy Arias a replay of a disputed point at the OTB International Tennis Open on Monday. Although the seventhseeded Chesnokov lost the replayed point, he defeated Arias
        Reuter  -  126 words
      • Article
        Lock icon Hart to run against Mains as NZ coach
        73 16 Reuter WELLINGTON All Blacks coach Laurie Mains, under fire for New Zealand's poor test record this year, will face a challenge for the job from chief rival John Hart, former coach of leading local side Auckland. Hart said yesterday his name would
        Reuter  -  73 words
    • Article, Illustration
      Lock icon Edberg on a roll after the doldrums
      556 17 NYT COMMACK, New York Stefan Edberg can empathise with Jim Courier. Edberg, one of the top five players in men's tennis over the past decade, spoke yesterday while the day session of the Waldbaum's Hamlet Cup was being washed away by rain. Edberg
      NYT  -  556 words
    • Article
      Lock icon US Open contenders volley with young fans
      339 17 NYT NtW YORK About 80 young tennis enthusiasts crowded around Michael Chang and Andrei Medvedev inside a clubhouse in Central Park this week for a question-and-answer session. Chang leaned over to Medvedev and told him that kids ask the toughest questions. Like, do
      NYT  -  339 words
    • Article
      Lock icon Cowboys may face rocky trail to Super Bowl
      760 17 National Football League season preview Challengers snap at heels of team that has to replace seven key players AFP WASHINGTON American football's dominant team over the past two years has a new coach, a diminished stockpile of talent and a host of
      AFP  -  760 words
    • SCORE CARD
      • Article, Illustration
        Tennis
        189 17 SCHENECIADY, New York OTB International Open Ist rd Monday Men: 2-Carlos Costa (Spn) b Geoff Grant (US) 6-3 6-3: 7-Andrei Chcsnokov (Rus) b Jimmy Arias (US) 6-4 7-6 (7-3); Jonas Bjorkman (Swe) b Jan Siemerink (Ncth) 6-3 6-3: Jocrn Renzcnbrink (Gcr) b Thomas Hogstcdt (Swc) 6-1 6-4; Jan Apell
        189 words
      • Article, Illustration
        Commonwealth Games
        437 17 VICTORIA 15th Commonwealth Games selected results, Monday: SWIMMING Women's 100 m butterfly, heat 2: 1 Petria Thomas (Aust) 1:00.92 2 Josceiin Yeo (Sin) 1:02.87 3 Shona Kitson (Can) 1:03.20 5 May Ooi (Sin) 1:05.76. Final: 1 Petria Thomas (Aust) 1:00.21 (Games record) 2 Susan O'Neill (Aust) 1:00.24 3
        437 words
      • Article, Illustration
        Golf
        61 17 POME VKDRA BEACII, Florida L'S PGA lour top 10 money winners, Monday. (US unless noted): 1 Greg Norman (Aust) U551,195.164 2 Nick Pricc (Zim) 1,156,927 3 Tom Lehman 817,414 4 Corey Pavin 795.305 5 Loren Roberts 772.070 6 Hale Irwin 707,836 7 JelT Maggert 679.693 8 Jose Maria Olazabal
        61 words
  • Page 16 Advertisements
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      618 16 -^imimmiuhmhhimimimumummTl^Bß f I affm MALAYAN CREDIT LIMITED (Incorporated in Singapore) INTERIM REPORT TO SHAREHOLDERS for the six months ended 30 June 1994 The Board of Directors announces the following unaudited half year results of the Group and Company. I In 1993, the financial year end of the Group was changed
      618 words
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      Page 16 Advertisements Column 2
      112 16 Ml J If,l Whatever your printer is, we've a specially developed label far you '.t |j| ISIdSjA^^H ius£l|H| hcmm Tm4nmm Specially developed for Specially developed high speed ink-jet I all Laser, LED and ICS photocopies A guaranteed trouble-free guaranteed top M v pr Its^* nui'fWrl **>arp definitions for everytime everytime
      112 words
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      362 17 HSBC Holdings pic <J> Incorporated in England with limited liability. Registered in England: number *****7 Registered Office and Group Head Office: 10 Lower Thames Street, London EC3R 6AE, United Kingdom 1994 interim results Favourable economic conditions in 30 June Half-year to 30 June 30 June most of our markets, combined
      362 words
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  • Article
    Singapore's embrace of old values
    490 18 IF THERE were still any doubts about whether Singapore has rejected liberalism. Prime Minister Goh Chok Tong brushed them aside in his National Day Rally speech on Sunday. Mr Goh's speech was the latest in a long series of efforts, led by Senior Minister Lee
    490 words
  • WHAT THE OTHERS SAY
    • Article
      Have family, will endure
      201 18 SINGAPORE is where it is today because of correct policies. But who thought up the policies and who made them work? This ability to grasp the nettle and escape from the dregs of deprivation is traced back to the people's traditional moral and family values. They
      201 words
    • Article
      Promises to keep in Sri Lanka
      120 18 CHANDRIKA Bandaranaike Kumaratunga is a woman of substance. She has the qualities of both her mother and her late father, both of whom were prime ministers of Sri Lanka. But reviving the Bandaranaike family dynasty is not so much on her agenda. Most important
      120 words
    • Article
      Timely reminder
      186 18 PRIME MINISTER Goh Chok Tong's speech at the National Day Rally is clearly centred on promoting the correct family values and enhancing family cohesiveness. As he has said, the correctness of economic strategies is an important but not the sole factor that ensures success in economic development. Among
      186 words
    • Article
      No quick fix for South Africa
      156 18 THE FURTHER Nelson Mandela's victory recedes into memory, the harder will South Africa bump upon the hard realities of its post-apartheid legacy. Marking one hundred days of that victory last Friday, the newly-enfranchised nation had sobered considerably into the realisation that democracy is long
      156 words
    • Article
      Rescue from dept trap
      196 18 THE MINISTERIAL MEETING of the Non-Aligned Movement (NAM) on the debts of the least developed countries (LDCs) in Jakarta last week might go down in NAM history as a one-time affair or, at the most, could lead to long, complex negotiations between debtors and creditors. Yet,
      196 words
    • Article
      Wipe out terrorism
      160 18 THE INFAMOUS terrorist Illich Ramirez Sanchez has been escorted to a French jail cell. At a stroke, the Venezuelan killer known as "Carlos the Jackal" turned from a minor legend to a source of entertainment. Carlos' trial will play out in coming months, both in the French
      160 words
  • Article, Illustration
    Lock icon Hurrah for Clinton's new decisive foreign policy
    666 18  -  As the White House mulls blockading Cuba. Rowland Nethaway says in a cheeky vein that he sees no reason why Bill Clinton should stop at that Rowland Nethaway The writer is senior editor of the Waco Tribune-Her aid in Texas NYT PRESIDENT Bill
    NYT  -  666 words
  • Page 18 Advertisements
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      329 18 BUSINES S T I M E S TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 fSBI MgwgSJ.5J2 1SI&L v Wo" WORTHY CHALLENGE FOR THE EXCEPTIONAL Yeo Hiap Seng, with a history that dates back to 1900 has undergone numerous developments. Today, it is a major force in the manufacture and distribution of
      329 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      38 18 I DOTT ?\T «N I (jjp\S PbK ,Ff\R BeJTCJ? OFF AS IT'S MO vjse... DOi'T &6LCMG... F\ O ASSOCIATED »«W«*A«*» LTD, IWJ-1t»« 9255 POOWESBURY GARRY TRUDEAU in jbumo >ou keajnooav f| < „i3K3Z SESSE? SSKS-" M ™gss i 2
      38 words
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  • ANALYSIS
    • Article, Illustration
      Economic reform in India: miles to go yet
      1658 19  -  While Vikram Khanna says India must guard against losing steam as the economy finally takes off after decades of lacklustre performance, Prem Shankar Jha examines how New Delhi is coping with huge amounts of foreign exchange flowing in Vikram Khanna, Prem Shankar
      1,658 words
    • Article
      A foreign reserves bind: heads you win, tails I lose
      841 19 ONE CAN HAVE too much of a good thing: India's swelling foreign exchange reserves, considered a sign of the success of its economic reforms till only the other day, have become a bit of a headache. The seemingly unending inflow
      841 words
  • Page 19 Advertisements
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      159 19 JOHOR'S first, ever INTERNATIONAL EXHIBITION and CONSUMER TRADE PAIR will be held at STADIUM TERTUTUP, MBJB, Johor Bahru on 15-21 December 1994-. Also, a one day SYMPOSIUM will be held at HOLIDAY INN, Johor Bahru, which TOP POREIGN experts on robotics/hi-tech machinery will speak, hear what robots/hi-tech can do and
      159 words
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  • Article
    Lock icon AT&T, Delta Air in US$2.8b computer services deal
    338 20 Bloomberg Business News AP NEW YORK Delta Air Lines said yesterday it has hired AT&T Corp in a US$2.B billion (554.2 billion) deal to run many of its computer systems, becoming the first major airline to hand much of its information technology
    Bloomberg Business News; AP  -  338 words
  • Article
    Lock icon Dollar gets boost from firm US bond market, Soros
    277 20 AFP Reuter LONDON The dollar gained on the London foreign exchange market yesterday, benefiting from the US bond market's firmness and from covering purchases after several sessions of trending downward. Chemical Bank analyst Gunther Redeker said the currency was also boosted
    AFP; Reuter  -  277 words
  • Article, Illustration
    Lock icon In the line of luxury
    63 20 AFP HONGKONG Chauffeurs-in-waiting standing by Hongkong Peninsula Hotel's newest fleet of nine new Rolls Royce Silver Spur Ills yesterday. 1 he fleet, worth well over HKS26 million (SSS million), is the hotel's fifth order of Rolls-Royce cars. As with Peninsula's previous orders, the purchase set
    AFP  -  63 words
  • Article
    S'pore, Myanmar can cooperate in tourism, agri-business: Cheow Tong
    313 20  -  Reports Loh Hui Yin in YANGON TOURISM and agri-business are two sectors where Singapore could work with Myanmar to achieve quick results and boost bilateral economic cooperation, Trade and Industry Minister Yeo Cheow Tong said yesterday. In particular, tourism has tremendous
    313 words
  • Article
    FairPrice looks beyond Yangon for supermarket openings
    213 20 YANGON NTUC FairPrice, which aims to open its first supermarket here by this year-end, is also looking at other Myanmar cities, such as Mandalay, which is being developed as the second gateway to Myanmar. To enter the retail sector. N ITJC Fair Price
    213 words
  • Article
    Lock icon Lloyd's deferring Names cash calls: analyst
    188 20 Reuter LONDON Lloyd's of London is postponing a likely debt crisis until next year by deferring cash calls on its backers known as Names, analysts Chatset said yesterday. "With deferred cash calls of £2.4 billion (555.6 billion) the time must be drawing nigh when
    Reuter  -  188 words
  • Article, Illustration
    A certain US echo in the World Bank's trade plea
    935 20  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent IT MAY be unjust to suggest that the World Bank has been co-opted by the administration of United States President Bill Clinton in its bid to open
    935 words
  • Page 20 Advertisements
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      60 20 coMPm. mm Authorised Dealer For Singapore China I MICRQ I PRIME STRATA OFFICE IN RAFFLES PUCE FOR SALE BY TENDER 7th Storey 746 sm (approx 8,0305f) (TS 1 Lot No 476/U113) Bth Storey 393 sm (approx 4,2305f) (TS 1 Lot No 476/U128) Tender closing date on Thursday, Bth Sept 1994
      60 words
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      Page 20 Advertisements Column 2
      28 20 Singapore Kuala Lumpur NGEE ANN OOEON TOWERS MENARA IMC CITY (Opp Raffles mJ (Opp Shangri-La Hotel) (Orchard Road) Holal) M QUALITY INSTANT OFFICES Tel 65-*****43 Fax 65-*****76 MRCINTRI
      28 words
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      Page 20 Advertisements Column 3
      49 20 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery sen/ice.
      49 words
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      Page 20 Advertisements Column 4
      135 20 ENHANCE /I msssam Memory Products Inc. MICRO Upgrades For Your PC Invest Through EASI Investment Plan How would you like to have an investment that can provide you with monthly returns. Have complete liquidity you can have your money at any time. Have returns of 5.563% per month. Sounds interesting!
      135 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        40 21 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. Fraser. GK Goh. Nomura. Smith Ne* Court. fat W! Carr and SG Warburg.
        40 words
      • Article, Illustration
        HOT STOCK
        149 21  -  -By Paul Leo PJ Development Holdings edged above resistance at $2.18 yesterday to end at $2.19. Buying interest was strong yesterday's turnover of 1.46 million shares was 15 per cent more than the 10-day average of 1.27 million units. However, investors are advised to take profit soon as
        149 words
    • Article
      CCL interim net up 61pc but rising COEs squeeze matins
      483 21  -  By Lee Han Shih MERCEDES dealer Cycle Carriage Ltd (CCL), which released a set of improved interim results yesterday, said margins are squeezed by the increased cost of Certificates of Entitlement (COEs). For the six months ended June, net earnings
      483 words
    • Article, Illustration
      Lock icon Orchard Parade eyes telecom venture in Pakistan in bid to spread earnings base
      480 21 Reuter SINGAPORE Property magnate Ng Teng Fong's Sin-gapore-listed vehicle Orchard Parade Holdings Ltd, fresh from a strategic bite into food and drinks group Yeo Hiap Seng, is eyeing a Pakistan telecommunications venture. "Telecommunications is one of the
      Reuter  -  480 words
    • Article
      Koh Bros shares: small investors to get 49.85 pc
      367 21 SINGAPORE Small investors who applied for up to nine lots of shares in construction group Koh Brothers will receive 49.85 per cent of the company's initial public offer. At a balloting ceremony yesterday, Koh Brothers said 67,870 applications were received for
      367 words
    • Article, Illustration
      Beijing's commercial property market — the next frontier
      669 21  - Beijing's commercial property market the next frontier HOCK LOCK SIEW By Quak Hiang Whai A SINGAPORE banker suggested recently that foreign investors in China should buy their business premises instead of paying thousands of dollars in rent. "At the end of the day, the office space may make even more
      669 words
    • Article
      Robinsons bucks retail trend with 1Opc earnings rise
      440 21  -  By Corinne Kerk SINGAPORE While some listed retailers are bleeding red ink, Robinson and Company yesterday announced a 10 per cent rise in net earnings to $27.75 million. The improvement was achieved although turnover all of which was derived from its retail
      440 words
    • Article
      Keppel Finance placement to raise about $31m
      182 21 SINGAPORE Keppel Finance will privately place out 13 million 50 cents shares at $2.38 apiece to raise just under $31 million. The company said yesterday it would appoint Keppel Securities to procure subscriptions for the shares, which will rank equally in all respects
      182 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Polytek Wearnes buys into food firm
          63 22 SINGAPORE Polytek Wearnes yesterday said it had agreed to buy 1.21 million shares valued at 5577.33 million in Effort Holdings, representing 12.85 per cent of that firm's paid-up capital. Polytek also has the right to subscribe for 552.57 million of redeemable secured convertible loan
          63 words
        • Article
          SIA associate raises paid-up capital
          46 22 SINGAPORE Combustor Airmotive Services, an associate firm of Singapore Airlines, has increased its paid-up capital from US$2 to US$ll,OOO,OOO through the allotment of 5.39 million ordinary shares to SIA Engineering Co Ltd and 5.61 million shares to United Technologies International Corp.
          46 words
        • Article
          Lock icon Astra's interim profit up 79pc
          75 22 AFP JAKARTA Indonesia's second largest business group, PT Astra International, yesterday announced a 79.12 per cent jump in its unaudited consolidated net profit in the first half of this year. Astra senior general manager Aminuddin said the company's consolidated net profit for the first half
          AFP  -  75 words
        • Article
          Lock icon Kian Joo ties up with Aussie firm
          106 22 Bernama KUALA LUMPUR Kian Joo Can Factory Bhd has entered into a preliminary agreement with Smorgon Plastic, a division of Smorgon Consolidated Industries of Australia, to establish a 50-50 joint venture to produce one-piece PET bottles and PET preforms. Approval for a manufacturing
          Bernama  -  106 words
        • Article
          Lock icon Ekran in Sarawak town extension deal
          59 22 Bernama KUCHING Ekran Bhd yesterday entered into a joint venture with Sarawak's Land Custody Development Authority (LCDA) to undertake an MsB2 million project under the Kapit Town Extension. Its chairman, Ting Pek Khiing, said the project would involve the development of a nine-storey hotel,
          Bernama  -  59 words
      • Article
        Collection of delayed loan payments lifts Bangkok Bank profit
        317 22 BANGKOK Bangkok Bank pic said its net profit for the three months to June 30 was 4.77 billion baht (*****.2 million), an increase of 46 per cent from the year-earlier period. An analyst cautioned, however, that a significant portion of the
        317 words
      • Article
        Lock icon M'sian firm Ascada to buy 21.7 pc of Kuok hotel affiliate
        330 22 AFP MANILA Ascada Sdn Bhd of Malaysia said yesterday it will buy up to 21.7 per cent of the Kuok Group's Philippine hotel affiliate, Shangri-La Properties Inc, in a 1.25 billion peso (5572.1 million) private placement. The deal would
        AFP  -  330 words
      • Article
        QAF setting up venture to market Saab cars
        151 22 SINGAPORE Brunei-based QAF Holdings, majority owned by Singapore main board-listed QAF, is setting up a joint venture company to market Saab cars. The new firm, QAF-Auto Sdn Bhd, is expected to have a paid-up capital of $500,000 and will sell the cars
        151 words
      • Article, Illustration
        Brokers criticise PSE's handling of insider trading
        350 22  -  From Al Labita in MANILA BROKERS yesterday lashed out at the Philippine Stock Exchange (PSE) for its leniency in dealing with listed firms suspected of engaging in insider trading. "Imposing a suspension without any accompanying stiff penalties amounts to nothing," a broker told
        350 words
      • Article, Illustration
        Lock icon Kumpulan Guthrie to take on more diversified activities
        531 22 MBT KUALA LUMPUR Kumpulan Guthrie Bhd, which has the largest land bank in the country, is expected to be transformed from a plantation company to one with diversified activities and interests. Group chief executive Abdul Khalid Ibrahim said yesterday that, within one
        MBT  -  531 words
      • Article, Illustration
        Ometraco Finance becomes major listed group after restructuring
        560 22  -  From William Chia in JAKARTA OMETRACO Finance, once a smallish listed finance company, has been transformed into a giant consumer and infrastructure conglomerate following the recent completion of a major restructuring exercise. Ometraco Finance's chief operating officer Tan Bien Kiat told Business
        560 words
      • Article
        SSE wins US$45m contract to build two vessels
        220 22 SINGAPORE Listed Singapore Shipbuilding and Engineering has won a US$45 million (5567.5 million) contract to build two containerships for Singapore-based Regional Container Lines. SSE. the marine arm of Singapore Technologies, will build the 1,018-box containerships for delivery in the third and fourth
        220 words
      • Article
        Lock icon KLCI forecast to top 1,750 in '95
        542 22 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange Composite Index may reach the 1,500-level in 1994 and go beyond 1,750 in 1995, with corrections from time to time. (The index closed at 1,146.35 yesterday.) The president of the Malaysian Investors' Association, Patrick Lim,
        Bernama  -  542 words
      • Article
        Untitled
        1164 22 Payment Ex Books Pay date close date Alex Hldgs 50* b 6 Sep 6 Sep 12 Sep 22 Asia Pac Ld b 2TE Aug 10 Aug 24 Sep 23 Avimo 20* I 6.25TE Sep 19 Sep 23 Oct 18 BAT 21* I 71.4 Aug 22 Aug 26 Sep 8 BMTSIO
        1,164 words
      • COMPANY BRIEFS
        • Article
          Lock icon Third Marks & Spencer store in Vienna
          79 24 Third Marks Spencer store in Vienna Bloomberg Business News LONDON Marks and Spencer pic plans to open a third franchise store in Vienna in November, The Times reported. The store would be run in collaboration with local retailer Thomas Feldman Handelsgesellschaft. The store on Mariahiferstrasse is expected to sell clothes,
          Bloomberg Business News  -  79 words
        • Article
          Lock icon Acer's Chinese-language software
          97 24 Bloomberg Business News TAIPEI Acer Sertek Inc, a member of Taiwan's Acer Group, has held talks with IBM Japan Ltd on the promotion of Chineselanguage software in China, an Acer official said. They approached us, and, of course, we had some initial discussions." said Anne Tseng, a
          Bloomberg Business News  -  97 words
        • Article
          Lock icon Glaxo seeks US$16b loan for takeover
          104 24 Bloomberg Business News NEW YORK Glaxo Holdings pic reportedly asked a bank to put together a US$l6 billion (Ss24 billion) loan to finance a takeover of drug maker Eli Lilly Co, Bank Letter reported. The trade publication, citing unidentified bankers, said speculation centred around
          Bloomberg Business News  -  104 words
        • Article
          Lock icon Siemens wins 50m mark Motorola deal
          71 24 Bloomberg Business News MUNICH Siemens AG, the German engineering giant, said it won an order worth 50 million deutschemarks (Ss49 million) to supply Motorola Inc with a communications network for a cellular telephone system. Motorola will use the D9OO system for the planned "Iridium"
          Bloomberg Business News  -  71 words
        • Article
          Lock icon French chain forms Shanghai venture
          61 24 Bloomberg Business News PARIS French supermarket chain Carrefour SA said it is forming a joint venture in Shanghai with Chinese chain Lianhua. Carrefour will become the majority partner with 55 per cent while Lianhua will have a 45 per cent stake in the venture, which
          Bloomberg Business News  -  61 words
        • Article
          Lock icon Oracle's Asia-Pac HQ in Melbourne
          68 24 Bloomberg Business News REDWOOD SHORES, California US computer software group Oracle Corp said it will establish a Aslso million (S$ 165 million) Asian-Pacific headquarters in Melbourne to serve its operations in 27 countries. Many of Oracle's customers have worldwide operations and our new support structure
          Bloomberg Business News  -  68 words
        • Article
          Lock icon Allied in Taiwanese joint venture
          57 24 AFP HONGKONG Allied Industries International Ltd said it has formed a joint venture with a Taiwan chemical trading firm to market specialty chemicals in China. The joint venture firm with Taiwan-based Trump Chemical Corp will have initial capital of HKSB million (551.55 million), with Allied
          AFP  -  57 words
      • Article
        Lock icon Cheung Kong's interim earnings to fall: analysts
        169 24 AFP HONGKONG Hongkong property tycoon Li Ka-shing's flagship, Cheung Kong Holdings Ltd, is expected to announce a disappointing interim profit this week in the wake of uncertain property markets, analysts said yesterday. Analysts said Cheung Kong's interim result for the six months to
        AFP  -  169 words
      • Article
        Seapower International net profit soars five-fold
        467 24  -  From Lim Soon Neo in HONGKONG INVESTMENT company Seapower International Holdings the subject of a fierce takeover battle between its top men yesterday reported a 400 per cent increase in net profit to HKS 136.2 million (5526.4 million) for the year to March 31.
        467 words
      • Article, Illustration
        Lock icon Club in India for investors who want a fair deal
        519 24 Reuter BOMBAY Every Sunday, a club of middle-class investors gathers at a hotel in India's commercial capital to provide an alternative to punters who complain they don't get a fair deal from stock brokers. "Most of the time we are
        Reuter  -  519 words
      • Article
        Lock icon News Corp expected to post record A$1.2b annual earnings
        453 24 Reuter SYDNEY Rupert Murdoch's News Corp Ltd is expected to report a record annual profit this week of AS 1.23 billion (551.35 billion), capping a year of costly expansion into global broadcasting. But an expected 26 per cent jump in profits
        Reuter  -  453 words
      • Article
        Lock icon Goodman has potential annual savings of A$106m: report
        299 24 Reuter Bloomberg Business News SYDNEY Goodman Fielder Ltd says a recent report on the troubled food group has identified potential annual savings of about AS 106 million (SSI 16 million). The firm yesterday said it disagreed with some of the measures. It
        Reuter; Bloomberg Business News  -  299 words
      • Article
        Lock icon Playmates after-tax down but 2nd-half recovery expected
        394 24 Bloomberg Business News HONGKONG Playmates Toys Holdings, which markets Teenage Mutant Ninja Turtle and Star Trek action figures, says its after-tax profit fell 16.2 per cent in the first half of its financial year but predicts a second-half recovery. The Hongkong toy concern
        Bloomberg Business News  -  394 words
      • Article
        Lock icon Tsingtao sheds little light on surge in earnings
        561 24 Bloomberg Business News HONGKONG Tsingtao Brewery failed to explain yesterday how its first-half earnings report could show surging profits despite rising costs and flat sales. "It's still a little murky," said Nick Moakes. a China analyst with S G Warburg Securities. "We
        Bloomberg Business News  -  561 words
      • Article, Illustration
        Lock icon Strong yen leads Sony to lift foreign plant spending, output
        424 25 Bloomberg Business News TOKYO Sony Corp will concentrate its capita! spending for audiovisual products on foreign plants such as in India rather than domestic ones, the big electronics company said. The move comes as the strength of the Japanese yen
        Bloomberg Business News  -  424 words
      • Article
        Lock icon Canon interim profit jumps 83.6 pc
        160 25 AFP TOKYO Japan's Canon Inc yesterday reported an 83.6 per cent jump in pre-tax profit to 28.5 billion yen (5543.3 million) for the six months ended June 30, 1994. Sales rose 3.8 per cent to 512.7 billion yen, up from 493.9 billion in the
        AFP  -  160 words
      • Article
        Lock icon Intel, AT&T to develop PC conferencing technology
        392 25 Bloomberg Business News SANTA CLARA, California Intel Corp and AT&T Corp have agreed to jointly develop technology for holding conferences through personal computers. The companies said yesterday that they would demonstrate the service in December and expect to release products with voice and
        Bloomberg Business News  -  392 words
      • Article
        Lock icon QVC's costly expansion eats into second quarter profit
        262 25 Bloomberg Business News WEST CHESTER. Pennsylvania QVC Inc yesterday reported a 12 per cent fall in second-quarter net income, mainly because of steep costs in expanding into Mexico and the United Kingdom. The home shopping network, the world's largest electronic retailer, posted
        Bloomberg Business News  -  262 words
      • Article
        Lock icon Fujitsu expects turnaround in interim results from 44.1b yen loss
        165 25 AFP TOKYO Japans computer giant Fujitsu Ltd is likely to post a consolidated net profit in the six months to September, reversing a 44.1 billion yen (SS67 million) loss a year earlier, a company spokesman said yesterday. The spokesman declined
        AFP  -  165 words
      • Article
        Lock icon TDK group earnings plunge 23pc, surging yen main factor
        309 25 Reuter TOKYO The yen's surge against other major currencies was the main factor behind the slide in TDK Corp's group profits in the three months to June 30, 1994. the company said. It also blamed a change in hard disk drive
        Reuter  -  309 words
      • Article
        Lock icon Johnson & Johnson makes US$905m bid for Neutrogena
        389 25 Johnson Johnson makes US$905m bid for Neutrogena FT NEW YORK Johnson Johnson, the US healthcare company famous for its baby products, yesterday made a grab for the more mature end of the sensitive skin products market with an agreed bid worth U*****.9 million (SS 1.35 billion) for Neutrogena. the US
        FT  -  389 words
      • Article
        Lock icon Time Warner forms electronic publishing unit
        185 25 Bloomberg Business News NEW YORK Time Warner Inc's Europe division has formed a company called Warner Interactive Entertainment. The new company, which will be responsible for all areas of electronic publishing, including CD-ROM, will be headed by David Evans. Manfred Zumkeller. senior vice-president of
        Bloomberg Business News  -  185 words
      • Article
        Lock icon Telecom group LDDS buys slice of US long-distance calls
        298 25 FT NEW YORK Williams Companies, the Oklahomabased gas pipeline operator, has agreed to sell its WilTel long-distance telephone business for US$2.5 billion (553.75 billion) to LIS telecommunications group LDDS. Three months ago, Williams rejected LDDS' initial bid of US$2 billion but
        FT  -  298 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Merchant banks seeking to broaden activities
        444 26  -  By Shiv Taneja SINGAPORE With traditional merchant banking activities such as corporate finance, loan syndication and management of IPOs (initial public offerings) getting increasingly competitive in the local market, merchant banks like Wardley Ltd are looking to broaden their businesses, both at home and
        Photo by Arthur Lee  -  444 words
      • Article
        Lock icon Money market funds sell derivatives amid tougher rules
        455 26 Bloomberg Business News NEW YORK Managers of money market mutual funds are unloading derivative securities amid pressure from regulators about what the funds can and cannot hold. Fleet Financial Group Inc, manager of the Galaxy group of funds, and Wilmington Trust Corp,
        Bloomberg Business News  -  455 words
      • Article
        Tat Lee Bank lifts prime quarter-point to 6pc
        154 26 SINGAPORE Tat Lee Bank has lifted its prime lending rate by a quarter percentage point to 6 per cent from today. The bank has also raised its savings and fixed deposit rates, in line with the higher lending rate. The adjustment comes
        154 words
      • Article
        Lock icon Tokyo approves palladium futures contract
        266 26 Knight-Ridder TOKYO Japan's Ministry of International Trade and Industry has formally approved the palladium futures contract for trading on the Tokyo Commodity Exchange for Industry after a two-year trial run. Palladium futures began trading on Aug 3, 1992, on a test basis, and both volumes
        Knight-Ridder  -  266 words
      • Article
        Lock icon Indonesia to impose palm oil export tax
        202 26 Reuter JAKARTA Indonesia has agreed in principle to impose a tax on crude palm oil exports and will implement the decision soon. Food Minister Ibrahim Hasan said. "Government officials have agreed in principle to impose the export tariff but 1 don't know the
        Reuter  -  202 words
      • Article
        Lock icon Bank America to pay US$1.98b for Continental Bank
        189 26 Bloomberg Business News SAN FRANCISCO Bank merica Corp said it will pay US$l.9B billion (552.98 billion) in cash and stock for Continental Bank Corp of Chicago. Each share of Continental will be exchanged for either 0.7993 share of Bank America common stock
        Bloomberg Business News  -  189 words
      • Article, Illustration
        Stanchart awarded ISO 9002 certification
        133 26 SINGAPORE Standard Chartered Bank has become the first bank in Singapore to be awarded the international standard ISO 9002 certification of excellence for quality systems. The bank's Equitor Group has been given this award for its custodial services unit in Singapore. The ISO 9002 one
        133 words
      • Article, Illustration
        Untitled
        1681 26 I itHk- Hfithltii imlf\ i alt nlul.il uttamsl SjMPf't U<l> H IraJin* pwlner\ Hum- war I9S! US$/S$ forward rates Noon Aug 23 ss Bid Oder 1-month 1494$ ***** 2-month 1.4991 ***** month I 4988 1 5002 6-month ***** 1 4983 S.Hinv OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at
        1,681 words
      • Article
        Crude rebounds as Monday's fall considered too steep
        172 26 Bloomberg ENERGY REPORT NEW YORK Crude oil futures on the New York Mercantile Exchange rebounded as traders said Monday's fall to four-month lows went too far. A seasonal rise in North Sea production of crude oil coupled with a seasonal dropoff in
        172 words
      • Article
        Lock icon London
        210 26 Bloomberg Business News LONDON The dollar closed European trading higher against the mark and the yen for the first time in five days as investors grew reluctant to bet against the dollar ahead of news on US-Japan trade talks. Traders tired of waiting for the US currency to fall
        Bloomberg Business News  -  210 words
      • Article
        Lock icon New York
        96 26 AFP NEW YORK The dollar rose yesterday morning against the other major currencies in cautious trading ahead ot USJapan trade talks in Seattle. Gold rose 15 cents from Monday's closing price to U*****.85 an ounce. At 1345 GMT the dollar was trading at 1.5365 marks from 1.5288 Monday
        AFP  -  96 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen futures end lower, JGBs firm
        1339 27 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures closed easier after trading in a narrow range. Traders said interest was focused on foreign exchange movements. "The dollar/yen did not really move much so Euroyen also tracked a tight range for the day," said a trader.
        Reuter  -  1,339 words
      • Article
        Tin rebounds to close 7 sen higher
        695 27 COMMODITY REPORTS KL Tin TIN rebounded to close up seven sen at MS 13.06 a kg. hejped by gains on the LME overnight. Traders also attributed the rise to technical buying after the price dipped to a seven-month low on Monday. Turnover rose
        695 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Sale of Indian sugar on free market
          73 27 NEW DELHI The Indian government has allowed sugar mills to sell in September 575,000 tonnes of white sugar on the free market, same as in August. The government will also sell another 365,000 tonnes of white sugar through state-run food stores. Indian sugar
          73 words
        • Article
          Zhuzhou looks for lead suppliers
          53 27 HONGKONG China's troubled Zhuzhou lead smelter will look to domestic supply sources and the London Metal Exchange to supplement a projected shortfall in production caused by the plant's closure. The 80,000-tonne-per-year refined lead smelter was forced to close temporarily due to output problems and a
          53 words
        • Article
          Strike talks at Aussie aluminium plant
          95 27 SYDNEY Australia's Tomago aluminium smelter remained in the grips of a strike yesterday after a meeting between management and union representatives failed to end the 11-day wage dispute. Union delegates will meet today for another round of talks with the management. Some 300 managers
          95 words
        • Article
          Russia, China importing more wheat
          99 27 HAMBURG China, Russia, and other former Soviet Union republics will import more wheat in 1994-9S (July-June) than last year, and this could buoy prices, the Hamburg-based grain company Toepfer International said yesterday. Toepfer said it expects the former Soviet Union to import 8.5 million tonnes
          99 words
    • Article
      COMMODITY PRICES
      1457 27 Rubber Singapore Commodity Exchange (futures dotioi at at 5.30fm) RSS 1 Centract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Scp~94 211.SO 2450 Oct 201.00 197.00 199.75 850 4325 Nov 191.75 188.00 187.25 575 4900 Dec 187.50 182.00 183.25 675 4500 Jan/Mar 95 185.50 180.50
      1,457 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1145 28 -12.0 SHARES drifted lower yesterday. following the path of fiat or weaker overseas bourses. The All Ordinaries Index closed at 2,051.6 points, down 12.0. The All Industrials Index fell 14.3 to 2.985.2 while the All Resources Index dropped 10.7 to 1,352.0. Turnover totalled 128.8 million shares worth AS3OS million,
        1,145 words
      • Article
        Manila
        717 28 +60.68 Share prices continued rising yesterday due to prevailing low interest rates and speculation about a mammoth real estate sale in the heart of the capital. The PSE Composite Index rose 60.68 points to 3.105.85. Turnover totalled 3.45 billion shares valued at 2.04 billion pesos. An analyst said that,
        717 words
      • Article
        Taipei
        591 28 •40.41 Stocks closed lower yesterday in modest trading due to profittaking arising from three winning sessions, with pulp and paper shares posting the largest drop, dealers said. The 376-issue Weighted Price Index lost 40.41 points to settle at 6,798.19. Turnover was 1.84 million shares valued at NT587.56 billion The
        591 words
      • Article
        Seoul
        482 28 -11.45 Share prices tumbled yesterday on late heavy profit-taking after the index broke the 970 level. The Composite Price Index dropped 11.45 points to settle at 951.51 in erratic trading, with turnover flat at 35 million shares worth 750 billion won. Falls outnumbered rises 636 to 184, with 102
        482 words
      • Article
        New Zealand
        354 28 -10.58 Stocks closed softer yesterday, but off its intraday lows, after another day of lacklustre trading. "The market's just in a holding pattern with nothing much driving it," said a trader. The NZSE-40 capital index closed at 2,081.14, down 10.58 points, after bottoming at 2,078.46. The market had
        354 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        746 28 Britannia Funds Sterling Cask Bid Offer Mim (ap Deposit 38 6400 38 6500 Vlim Jcrvy Cik 0 1893 0I« Mini Mm Income 0.9100 ***** US$ Cash Incomc Pirn Fund *9 5300 ******0 PS S Reirr>c Fund 5 3000 5 3100 Sterling Kouih Euro Performance 0.4592 ***** Far East Fund *2
        746 words
      • Article
        London
        636 28 +3.8 STOCKS rose for the second time in three days as recovery in the dollar boosted shares of international companies with substantial US assets. The FT-SE 100 Index rose 3.8 points to 3,175.1 after falling 20.1 on Monday when the dollar declined to a five-week low against the Japanese
        636 words
      • Article
        Paris
        144 28 +28.0 French stocks rose yesterday, staging their biggest jump of the month, as investors here and across the Atlantic took heart from a higher dollar. Spurred by a rise on Wall Street, the CAC-40 Index rose 1.42 per cent, or 28 points, to 2,000.63, sharply up from the low
        144 words
      • Article
        Frankfurt
        201 28 13.38 German stocks rebounded in post-market trading as investors bought shares that had fallen to prices they considered cheap given the potential for earnings. A gain in chemical shares ahead of the release of interim earnings from that industry today and tomorrow, and a rise in Deutsche Bank, helped
        201 words
      • Article
        Brussels
        148 28 11.57 Belgian stocks closed higher after declining for three days with a stronger dollar and bonds improving the outlook for company profits. A rise in US stocks also helped buoy the market, making European equities seem relatively cheap. The Bel-20 Index rose 11.57 points to 1,450.75. Volume was light
        148 words
      • Article
        Stockholm
        147 28 -6.16 Swedish stocks, bonds and the krona fell amid concern that political promises to slash Sweden's burgeoning budget deficit might not go far enough. Traders said bonds and the currency fell as investors sized up plans by Sweden's opposition party, the Social Democrats, to reduce government spending. Sweden's largest
        147 words
      • Article
        Zurich
        257 28 Swiss stocks closed little changed as gains in Brown Boveri Corp and US stocks in the afternoon offset an early slump on concern about corporate earnings. The SMI Index of 23 leading stocks fell 1.5 points to 2,530.9, with 19 stocks falling, one unchanged and three rising. One of
        257 words
      • Article
        Amsterdam
        233 28 1.5 Dutch stocks closed mixed but off their lows as the strengthening dollar boosted shares of companies sensitive to the dollar. The EOE Index closed 1.5 points higher at 410.83, its first rise in four days. "The recovery in the dollar and the bond market helped," a trader said.
        233 words
      • Article
        Milan
        175 28 102 Italian stocks closed higher, building on three days of gains, as investors figured prices had fallen low enough to bet on Italy's political situation improving. "Some of the locals seemed to be bottom hunting with a view to the future," said a trader. "It's seems to be a
        175 words
      • Article
        Johannesburg
        338 28 +24 Gold shares climbed off lows by the close yesterday to end little changed as late interest neutralised earlier marking down of prices. Other shares, outside of mining stocks, ended generally firmer as they found some support in quiet trade. But dealers said the market was likely to struggle
        338 words
      • Article
        Toronto
        263 28 +6.47 Stocks were mixed with a positive bias on an upswing in bond market sentiment but traders said sliding oil prices could dampen gains. "Activity in bonds should spur the interest-sen-sitives," one dealer said. "Banks roll out their earnings today starting with Bank of Montreal and we expect them
        263 words
      • Article
        New York
        777 28 18.78 The Dow Jones industrial Average was ahead 18.78 points to 3,770.00 at Nam EDT. The NYSE Composite Index was ahead 0.87 to 256.14, while Standard Poors 500-stock Index was up 1.83 to 464.14. Advances topped declines 1,098-609 among the 2,526 issues crossing the NYSE tape. Volume was
        777 words
    • Article, Illustration
      Lock icon HONGKONG
      3066 29 Bloomberg Business News Reuter HONGKONG The benchmark stock index fell 2.36 per cent, led by real-estate issues, following a government land auction that attracted lower-than-expected bids. The Hang Seng Index closed down 223.27 points at 9,234.06. The broad All Ordinaries Index dropped 108.42 to 4,671.72. Turnover was HKS3 billion.
      Bloomberg Business News; Reuter; Source: Bridge Info  -  3,066 words
    • Article, Illustration
      Lock icon CHINA
      478 29 CLSA THE Shanghai B market edged down 0.71 to 850.20 points on turnover of US$4.9 million. Jin Jiang Tower was the most actively traded stock, falling 2.9 per cent on turnover of US$BOO,OOO. Phoenix continued to be the biggest loser, shedding 7.7 per cent on turnover of US$4OO,OOO. The
      CLSA  -  478 words
    • Article, Illustration
      Lock icon TOKYO
      2527 29 Reuter TOKYO Stocks finished weaker in light, directionless trade, with investors' buying cramped by the recent stronger yen, brokers said. In addition to domestic institutions, foreigners turned sellers and took profits on gains from rises in the yen, they said. "Participants only watched movements in currencies today," said Manji
      Reuter; Source: Bridge Info  -  2,527 words
    • Article, Illustration
      Lock icon BANGKOK
      1853 29 Reuter BANGKOK Stocks ended lower on widespread profittaking by local funds in the afternoon, brokers said. The SET Index closed 17.71 points lower at 1.471.85. Turnover was a heavy 18.89 billion baht. Falls led rises by 228 to 103. "Local funds took profits heavily across the board in the
      Reuter; Source: Bridge Info  -  1,853 words
    • Article, Illustration
      Lock icon JAKARTA
      1156 29 Reuter JAKARTA Share prices closed mixed in moderate trading with investor focus on stocks that have lagged during the recent rally along with shares showing good fundamentals. "Sentiment is still good, especially on those stocks which have lagged somewhat recently and fallen below their IPO price," one local broker
      Reuter; Source: Bridge Info  -  1,156 words
    • Article
      CLOB INTERNATIONAL
      2385 30 Bcnaya L Wt99 12.605.000 Mrs Hyd 50c 8.355,000 Lien Hoc TSR97 8,264,000 Promet 6.545,000 Bcriaya Group 5,978,000 Berjaya Ind 5.635.000 Mulpha Intl 50c 5.403.000 Muiti-Purposc 5.212.000 Ganda Hldgs 4,408.000 Bolton TSR96 4,097.000 Lien Hoe 3.599.000 Landmarks Bhd 3.551.000 ki>ni3van Tnm V )2.V0Q0 Idns Hyd 50c 28.28J.240 Ganda Hide
      2,385 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares close mixed as month-long rally falters
        5876 30 Bloomberg Business News KUALA LUMPUR Stocks ended mixed, with investors lowering offers on blue chips they decided had become too expensive during a month-long rally, but bidding up smaller companies with unconfirmed deals in the making. The Composite Index dropped 3.85 points to
        Bloomberg Business News; Source: Bridge Info  -  5,876 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8152 31 Gr Gr M 1994 Vol Da) Last Quote D*» Dlt VH N«t Cap A», High Lao Com pan) Sole ("0001 High Low B«>tr Seller Or P/E Smil Price INDUSTRIAL AND COMMERCIAL 1440 833 s Ac ma 995 -J 100 1010 995 990 995 17.5 4.7 18 15.9 6858 1005 800
        8,152 words
      • Article, Illustration
        Lock icon Local stocks hit by profit-taking, Clob remains robust
        1866 32  -  By Quak Hiang Whai SINGAPORE Profit-taking continued to depress Singapore counters, sending the blue-chip index nearer the 2,300 mark but Malaysian counters remained robust. Singapore stocks, having enjoyed two weeks of good buying which sent the index near 2,400, came under more
        Charts by Bridge Info; Source: Bloomberg  -  1,866 words
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      248 21 NEWS VALUE How today's news might affect your stocks Two S'pore firms in Mynitiiar deal to develop $4b township (pg I) A huge project. Will underpin the prospects of the two SES aspirants RSP Architects and PD International. Poor response forces HK govt to withdraw auction Sitß(Hg I) Despite the
      248 words
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      70 26 rrSrjggf PORT SHOTS Vi The ,atest in sea alr and land transportation Shipping Times Monday to Friday. rr Business Times WtOtOWASA You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand
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      Page 27 Advertisements Column 2
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      51 words
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  • Shipping Times
    • Article
      Aussie govt halts sale of ANL, new board to oversee revamp
      387 33  -  By Alec Almazan SINGAPORE The Australian government has stopped the sale of state-owned carrier Australian National Line and appointed a new board to oversee its restructuring. The government had hoped to sell the beleaguered shipping line, despite opposition from
      387 words
    • Article, Illustration
      Lock icon Flight to safety
      56 33 AFP KEY WEST, Florida US Coast Guardsmen (left) rescuing Cuban refugees on Sunday off the coast here. The refugees, who were among thousands who have fled Cuba on makeshift rafts in the last few weeks, will be transported by ship to a holding site at the US
      AFP  -  56 words
    • Article
      Lock icon British ports in July detained 21 ships found unsafe
      186 33 Knight-Ridder LONDON Twenty-one for-eign-flagged vessels were detained at UK ports during July, according to figures published by the Department of Transport for the Marine Safety Agency. The detained vessels, which included three ships still under detention from June, had all failed
      Knight-Ridder  -  186 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1097 33 Page Col ABC Containerline 16 4 Accord Group 8 1-3 Ahlers Line 13 5 Ahrenkiel Liner 4 1/2 •ANL 3 1/2 Antaco Mgmt 17 4/5 APL 5 3-5 •Appenship 8 4/5 Arabian Express 15 5 ASCL 5 5 Assist Marine 6 1 Avant
      1,097 words
    • Article
      Lock icon Jordan accuses Saudi Arabia of harassing ships
      391 33 AP AMMAN, Jordan Officials on Monday accused Saudi Arabia of harassing Jordan-bound ships in the Red Sea. plunging already strained relations between the two neighbouring kingdoms into a new crisis. The accusation came ahead of an end to maritime inspections of all ships
      AP  -  391 words
    • Article
      PSA to install auto-paging system from Sep 1
      269 33  -  By William Chik SINGAPORE The Port of Singapore Authority will install an auto-paging system from Sep 1 to better serve port users. Through the system, users will be automatically informed of changes to vessel arrival times and berthing and unberthing arrangements. The
      269 words
    • Article
      Lock icon Secondhand Panamax prices firmer, buoyed by spot charter rates
      363 33 Knight-Ridder LONDON Firmer secondhand prices have been seen for Panamaxes. with Fafalios paying US$l5.3 million (5522.9 million) for the 1984-built, 66,908 dwt North Viscountess, brokers said. Higher spot market timecharter rates have helped to underpin values, but shipbrokers Gailbraith's Ltd say
      Knight-Ridder  -  363 words
    • Article, Illustration
      Lock icon Plaintiffs want only US$1 from former Exxon Valdez captain
      325 33 AP ANCHORAGE, Alaska Claimants seeking US$l5 billion (5522.5 billion) from Exxon Corp as punishment for the 1989 oil spill said on Monday that they want just US$l from tanker captain Joseph Hazel wood. "He lost his job, he is no longer
      AP  -  325 words
    • Article, Illustration
      UPS optimistic about region
      882 34  -  Rahita Elias talks to United Parcel Services chief Kent Nelson Rahita Elias KENT NELSON is no stranger to tight deadlines. He is, after all, chairman and chief executive officer of the world's largest package delivery company United Parcel Services. So despite being rushed from one meeting
      882 words
    • Article
      THE SHIPPING GUIDE
      13579 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      13,579 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        503 50 Vessel Voy Wo Bfth Arrival Departure Vessel Voy Wo Berth hrWd Departure Jura* Port Sun Speed Ob, 94 P01 alongside 24 08/0/00 Bitar Malt N139 12 alongs«Je 2*08/0200 Abbay Wow 40WB P01 2J M/0800 DwGuna 08/03 94 112 alongside 2408/2300 Batam ££^22 FGA UI'B 08 02 94
        503 words
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        CONTAINER SCHEDULES
        1411 50 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Baiance Rstts Ship Voy No Etb/Btr Period From To From to Utoc 0348 25/1200 IB 23/1500 23/1659 23/1900 28 23/1700 24/0659 24/0900 3 24/0700 24/1159 24/1400 4 24/1200 24/1459 24/1700 to
        1,411 words
    • Article
      Daily Freights
      798 50 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,506 on Monday from 1,510 on Aug 19. Atlantic activity remained very dull for Panama* tonnage with the rumours surrounding Agrex/MSK. still not laid to rest, brokers said. Some sources suggested the rate on the Havbor
      798 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon America West set to face price war as it exits bankruptcy
        422 52 Reuter NEW YORK America West Airlines Inc, set to emerge from bankruptcy tomorrow, is well-positioned to compete with other carriers due to an intense restructuring of its fleet, staff and route structure, industry experts said. But an expected round
        Reuter  -  422 words
      • Article, Illustration
        Lock icon A protest against road-building
        58 52 Reuter HUDDERSFIELD, England Friends of the Earth protesters unfurling a banner on Monday at the side of the M 62 motorway at Scammonden Dam, West Yorkshire. The 51-metre banner is one of several protest actions this week aimed at highlighting the threat from a £3.4 billion
        Reuter  -  58 words
      • Article
        Lock icon Govt denies rejecting Air Canada's request on HK route
        191 52 Reuter OTTAWA Canada's Transport Ministry on Monday denied it had rejected designating Air Canada as the second carrier to Hongkong. It also said that no decision had been made on whether to give the route to Air Canada. "In June the
        Reuter  -  191 words
      • Article
        Lock icon Air NZ expected to deliver profit gain as forecast
        472 52 Bloomberg Business News WELLINGTON Air New Zealand Ltd is not expected to surprise the market when it announces its annual results on Sep 7, analysts said yesterday. Most analysts are predicting net profit of between NZ$l9l million (SSI72 million) and NZ$l96
        Bloomberg Business News  -  472 words
      • LOG BOOK
        • Article
          Lock icon Guangxi's four foreign-funded railways
          124 52 Reuter BEIJING China's Guangxi province is building four railway lines with funds from Japan. Thailand and Hongkong, the Xinhua news agency said. The region plans to build 1,471 km of new railway lines by the year 2000. the agency said. Japan is funding 40 per cent
          Reuter  -  124 words
        • Article, Illustration
          Lock icon 200 in plane landing drama
          63 52 Reuter SCHIPHOL AIRPORT, Amsterdam Firemen standing alongside a Boeing 747 of Pakistan International Airlines after three of its tyres burst and one engine caught fire during its landing here on Monday. All 200 passengers on the plane, which came from New York, escaped unhurt. The
          Reuter  -  63 words
        • Article
          Lock icon Ford plans US$40m Japan parts centre
          64 52 Reuter DEARBORN, Michigan Ford Motor Co is to invest US$4O million (SS6O million) in a new technology centre in Yokohama, Japan, that will develop parts and components for Japanese carmakers. The Ford Technology Development Laboratory will give Ford's automotive components division the ability to
          Reuter  -  64 words
        • Article
          Lock icon Two ferries collide at Suez
          47 52 Knight-Ridder LONDON The 3,960-gross tonnage roll-on, roll-ofT cargo vessel/ferry Al Nasr I collided with the diesel-electric roll-on, roll-ofT cargo/ferry Al Sal am 91 while it was unberthing at Suez quay, according to Lloyd's Intelligence. There were no injuries among the passengers. Knight-Ridder
          Knight-Ridder  -  47 words
      • Article
        Lock icon Eurotunnel under pressure to cut fares
        423 52 Company may be dragged into price war, say analysts Reuter LONDON Eurotunnel plc/SA may be forced to cut prices for freight and passenger services after a battle between ferry companies has sent rates spiralling downwards, analysts said. The Anglo-French operator of the Channel Tunnel
        Reuter  -  423 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1726 52 City nm CT> n«M E7B_ Cltj ETA FHM Ol_ GA983 0920 GA984 0310 Abu DfcaM GA895 1305 SQ442 2000 PMawlia SQ969 1645 SQ990 0115 0K510 1900 0K51I 2255 G«—? a SRI 83 2105 Mllalil SQ227 2030 CZ353 1255 C2354 1420 Hmma* RJ182 1440 RJ183 2225 jtan(zb«i
        1,726 words
      • Article
        Lock icon VW wants to double Polo sales with launch of new range
        327 52 FT PARIS Volkswagen, the leading European car maker, is aiming to almost double sales of its VW Polo small car in western Europe with the launch of a new range developed with an investment of 1.8 billion deutschemark (551.76
        FT  -  327 words
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      47 33 Drager SAFETY EQUIPMENT \Y (SOLAS APPROVED) PA9O MARINE AjHlj Specifically Designed Bicathing Appuatu* ra VUiilin* Applications HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE itIMBHHKI Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore OS 13 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING
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      26 33 Lines and services represented by Members of the Registry of Accredited uhQhJ Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
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      Page 33 Advertisements Column 3
      42 33 VISA FREIGHT SERVICES PTE LTD 1/^ THE TOTAL TRANSPORTATION PEOPLE 'S 1800 *****66 UPS optimistic about region, Pg 2 America West set to exit from bankruptcy, Back Pg PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times nuwmi I
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      1893 34 IMPORT.... IMPORT.... I WORTH AMERICA I I OTHER DEBTMATIONSI NORTH AMERICA I MWCT cALL TO «ra»T CQA«T HC»I I T9IART WAH KWW AMIMBA WHWI ZZI BiMWi«cttfawtß»WW(WlCTwwi»wrcwii) KSSI WT STORE U OA* *CR M Ml HQUSTON CMC NT UUCP QTT TESSEL STORE MHOS ABB MOMKWEO BO 01 MIUO SAATOS W» WUW
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      2168 35 njpping times, weanesaay August m ij» dtc irn lioniMP QHIPPINO AGENCIES JARDINE SHIPPING AGENCIES SDN. BHD S£77&S£3Ssoߣ 020. P|T«« o «r».|t 03 4 7»7776 F«. O£H«M <». 03-*****42 CR NUMBER **********0 C ,pn H TEL *****3/4 FAX *****6 m J sssLsx^ssr ,OUTW su* asss? EESS^opns, i CUSTOMER SERVICE TEL. FAX
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      1818 35 ■UMiHrHHWI* U. S. A. /CANADA 3 TIMES A WEEK MAERSK KOBE V.9414 ETA SIN 29TH AUG 94 MATHILDE MS V.9408 ETA SIN 30TH AUG 94 ARTHUR MS V.9414 ETA SIN 31ST AUG 94 Vessel Voy ETA ETO feedere<3 by H destinations Neil week MATmh.DE MAERSK V 9406 Illf l |'ll'-|
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      1549 36 AOABA R DAM/ LE ALSO ACCEPTIHO FROM VESSEL VQY NO SPORE JEDDAH (VIA JED) STON H BURG A WERP HAVRE WEST MALAYSIA _KAI 09/133 24/6 '0/9 13/9 11/9 Port Ketang. Penang ESSEN EXPRESS 07/333 27/8 5/9 12/9 14/9 17/9 19/9 21/9 Pasir Gudang LA SEINE ***** 31/8 17/9 20/9 18/9
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      590 36 AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghundl. Islamqala (Doqharun) C.1.5./RUSSIA: Vostochny, Vladivostok. Moscow, Baku, TasManl, Irkutsk, Alma Ata, Asftgabad. Oushanbo. Kiav N Koroa: Pyongyang, Nampo Mongolia: Ulaan Bator LCL TO CIS I EASTERN EUROPE FULL CONTAINER SERVICE TO £|Sr NONTH/WEBT AFRICAlifti VESSEL SIN DKR Ned Europe V 2294 30/8 28/9 Ned
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      1123 36 NORASIA 1 MMmmMM WEEKLY SERVICE WITH FIXED DAY SAII INfi i IQ LA SPEZIA.FFOrS r BARCELONA VALENCIA 1 FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH mm SEVERAL A6ENT: NORASIA A6ENCIES (S) PTE LTD IALSO ACCEFTBIO LCL TO: TIL: *****83 FAX: *****90 CR NO. **********00 VIRICE/TltilsT|/l*6o*l/jUiJUWIHttI/fflßj THAILANO
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      1614 37 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 bb&s NEW GUINEA PACIFIC LINE toSSv (A SERV,CE 0F CHINA NAVIGATION CO) cargo" due swls STRAITS ntBC VICE Hwi, lab. KK t« Port 24 Au| FCL, LCL CONTAINER ANO MEAKBULK SERVICE TO
      1,614 words
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      2829 37 SINGAPORE AGENT: p& Containers (Singapore Agencies) Pte Ltd 1 l\l W m. 11 1 1 4m. 1 1 M 1 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT j f voy *PNQ -MS
      2,829 words
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      586 38 i|A EKA JAYA AGENCIES SfmT TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE I HO CW M—l CITY PAPER I HAHOfWQHK/PWtCT I I HENRY HQg 11MH _J I KELVM CHAM 21E0525 |»M7a/»«2W »i»hqj ntovi sissm '"i""*- ittHM J TO VIETNAM/HCMC W COHTAJNIR-fHEIPER SERVICE CENTER-POINT < l«* 7 LINES
      586 words
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      Page 38 Advertisements Column 2
      1307 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FDD VSL SM Ilk HAUL St* TVR POX FOB VSL SR |l* HAU. SA» R.M NTC HAHJM KAOKSUNG 017E 25/8 MttCl 15/9 16/9 17/9 HAHJIN KAOHSIUNG 0171 n 8 H. PORTIMO 007t 29/t 30/9 02/10 HAMN
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      Page 38 Advertisements Column 3
      1158 38 1 d "ItT"T3"3^lk Inuserixwcusnis wi oa ki w no uu oe w rtclmt mw km nr «c r» cm m ssr B i onus i n 20/0 mpi a/i ii/i in i/1 o/» in m »/> 11/1 21/0 «/w »/io i/m 17/10 10/10 i»/io »/io n/u si/io 10/11 14/11 14/u
      1,158 words
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      1791 39 II PLEASE CALL HI II II NEPTUNELINK (1800 *****00 TOLL-FREE) U PjT H FOR THE FOLLOWING INFORMATION: ■I fW%#Mr U VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ ■I ■I FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ AVAILABILITY OF DOCUMENTS FOR COLLECTION cx*«fsi I VQY 'I I LPs' oak'l VAN »IT m CCG I CLI CLB
      1,791 words
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      Page 39 Advertisements Column 2
      1034 39 A MULTILINE SHIPPING PTE LTD wm (a member of SMSOV Gron>) 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 *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****88
      1,034 words
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      1500 40 44 ,M AS AGENTS: "K" LIME (SINGAPORE) PTE LTD (CH HO; **********0M/GST REG NO: M 2 *****W-5) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 T WTM MALAYSIA: LINE MAfUTIME (MALAYSIA) SON IHO Mm TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SAIAMA LAUT WTERNUSA.
      1,500 words
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      1237 40 ©APPENSHIP HAMBURG W\J CONVENTIONAL ft INDEPENDENT LINER BERVICE V EUROPE TO SOUTH EAST ASIA ANO FAR EAST VESSELS LOAOMG TOUTS BSCHMGE/LMDMG FOR CANMMAM HMCUI VENTSPILS 06/0t HAM 09/0* ANTW 13AM P GUOANG 13/09 SPORE 10/09 QO6MC RIGA 16/00 KLAIPEDA 24/06 HAM 26/06 SPORE 27/09 BKK 02/10 T*N VENTSPILS 16AM SZC
      1,237 words
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      1034 41 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I -I#"-"-**"'" CR NO: 100e*****00E VESSEL VOV SIM BKK SIN VESSEL JTf .►T «4 E EQUATOR CRYSTAL UN 27/S 30/1 3/9 KOTA INDAH IDMOI7 28/8 31/8 4/9 KOTA BABAB SBSO2S 26/8 31/8 4/8 BUNQA TERATAI 4833 30/8
      1,034 words
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      Page 41 Advertisements Column 2
      956 41 VESSUS VOY SM U HAVDE HAMBURG IHMKS ROTTERDAM ANTKIRF W.U K VfLA VO4M 27/08 17,0» H/OT 20M 21/09 23/ M VtLE DC TITAfU TOSW JO 08 21/09 23/05 24/05 25/05 27/09 WDt tucANA Uos* 06/09 2t/09 30/09 01/10 02/10 04/10 «tll Ot IBRA 105W OS/10 07/10 00/10 09/10 11/10 •AISO
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      Page 41 Advertisements Column 3
      809 41 M MYANMA ISIUi FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIj Pen P.Gdf SAGAMG V36W IN TORT HPA-AN V2O4HV 02/04 Sep 04/06 S«p MYOMAYMA Vls3* 02/04 Sep OS/0I Sep MALAYSIA AGENTS BOUSTEAO SHPMNG AGENCES Kll TEL 03 *****00 PHI: TEL 03 *****57 PEN: TEL 04-*****5 PGD:
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      2187 44 4P«V SER*K§J FORTNIGHTLY I pflf Toijgjss NEW 2EA|ANP| timt 4g—ti» pactjp ciiippiMC orr ijn Tti (General): *****00 Sties.Booking: Agency Dept: e^ISLHI* Viz <w (Gnteral): *****66 Container. ********** Container Src B/L: *****02 Operation Container *****15 oosmdr Tamer l T fex: ***** COSHIP Conventional: *****50 0/0: *****85 Conventional: *****46 Singapore 0106 ucrmJccVu
      2,187 words
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      Page 44 Advertisements Column 2
      1668 44 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUNO PW r(N IOH SM H*G MO TAI KtE YO* T*Y NAG *06 OS* 1,01 WAN HA) 721 NOO/ 26 08 2708 79~0i 30 31 08 04 WOb OS 07 09 08/09 MAN HAI ?03 NO6? 7M)B 27 78 08 01 OS 0709 o*o9 05 09
      1,668 words
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      694 45 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 29/8 ROTTERDAM 29/8 AARHUS/COPENHAGEN 29/8 HAMBURG/BREMEN 29/8 MARSEILLE/FRANCE 30/8 FELIXSTOWE/UK 29/8 BARCELONA/SPAIN 29/8 LEHAVRE/FRANCE 31/8 GENOA/ITALY 2978 ANTWERP/BELGIUM 29/8 LOS AWGELES/WC/PI 28/8 SYPNEY/MaBOURNE 26/8 NEW YORK/EC 28/8 FREMANTIE/ADELAIDE 25/8 VANCOUVER 26/8
      694 words
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      Page 45 Advertisements Column 2
      869 45 lirnrnr"""" VESSEL VOY *1 VESSEL VOY SIN PEN BHUM US Fn_ 28/» Tw _3C 8 fl DEJA BHUM 4837 Fri I~m7T 81 27/8 VESSEL VOY SIN BKK SKA TWA BHUM 448 Sat ZTJt_ Tw 30/8 KOT a SUjjU SUROIB Sun 28/8 Tw 30/« RATHA BHUM UN Thu 25/» Swi 28/9
      869 words
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      191 45 Qmmrmmt—4 to:|BM«OK/lAOi CHMMHG/LAOSj27/1 (SAT). 30/8 (HI) hut mmjrmm 1/» <thu). s/t (w HOHG KONG 2t/« (Hd). 30/1 (IK) MHUHT* 27/1 (SAT) IHMLA/CEBU/SUBC MY 30/1 (TOE) HO CHIH (FB) "sURABAYA a/3 (SUM) afiAN 28/3 (SUN) ton. out rm m mm mem mma mm n/i »/t i/i tn u/i iv» •oo one
      191 words
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      Page 45 Advertisements Column 4
      550 45 UTEL *****33 (12 Lines) I FAX: *****15/*****03 I TELEX: R8 ***** RISHIP (3 Lines) I CR NO.: **********0E I Vnml V»T ITA |L»iaw|~For Ipiw Abbey WonT 40WB ki Pi Mombasa. Djibouti 1 Amb, MIHIWH I Abbey WonT 41WB 20/10 Momtoe»a. 0»boutl Mmiwi I EEQULAB LINES SERVICE ACCETTPIO IOTM TCL/LCL ALflO
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      1397 46 GENOA/EUROPE PEN PKI SIN 5 S/ULHGS/WEEK PEN PK SIN 17/8 18/8 19/8 HKG/BKK/KEE/KHH Genoa/Barcelona/Marse«es 22/8 23/8 24/8 19/8 20/8 21/8 HKG/BKK/KEE/KHH 21/8 22/8 23/8 21/8 22/8 23/8 HM/BM/KEE/KM *•%/.,„/..,/,WL«. n'l \m 23/8 j EKSiii/pvsAN JPW/KOREft/MANILfI 1 PORT KELANG/PENANG/P. QUDANQ Mania/Cebu 17/8 18/8 19/8 KEELUNO/KAOHSIUWQ Tokyo/Kobe/Osa/Yoko 22/8 23/8 24/8 AUSTRALIA/NEW ZEALAND
      1,397 words
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      Page 46 Advertisements Column 2
      196 46 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD til ll* u* vm rail KELMK ftMHC am imx w g 2t« Losing to< M* ■UVN HUDHU 30/8 Loading kx tab* Da PHP 12/» Loading For Mate ram sum* 1/9 iMdmg foe Male IMEIDH 26 8 loadmi Fw Male moots laarr
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      Page 46 Advertisements Column 3
      1192 46 f O THONG SOON UNES PTE LTD f I /\Y\ 78 SHENTOW WAY #10-01, SINGAPORE 0207 I I \y \y TEL: 227-5088 FAX: 227-6011 I 2 I N y jj TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK SINGIPOM TCTTHAILAND VESSEL VOY_ S PORE DEST
      1,192 words
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      622 47 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACKFTW6 BKMBUU/ SOC CAMOES TO/TMM KOBE. YOKOHAMA. NAGOYA. MOJL TOKYO*, MANLA*, DAKAO*, Ptnanc* P. Kalanc Smfiport EMsu* KAMALEVERETT V22E 05/06 S«pt IVYEVERETT VIQE 19/20 Sept 21/22 Sept SHAPIAEVERETT V22E 29/30 Sept 01/02 Oct ACCEPT* BKAKBULK/FCI/SOC CANOES TO/FIHM CHTTTAGONG. CALCUTTA AND MONGLA* Snfipore P.
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      Page 47 Advertisements Column 2
      234 47 Hi GLORY MAVKATHNM GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 29/8 1/9 7/9 16/9 GLORY SELATAN VII 22/8 24/8 SP KOMPONG SOM GLORY SELATAN V 28/8 31/8 LINER SERVICE USA, VANCOUVER. VERACRUZ
      234 words
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      499 47 jdb( PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE VOY SI KM* CHI BmmWD 124HW 31/00 0»/W BOIAN 13* HW 10/ M 15/ M HYDERABAD 133 HW 22/99 02/10 MAKWAN 151 HW 00/10 15/10 FAR EAST CONTAINER SERVICE ONLY ""vo7* Stt M 6*" BSN OS* WG ToT" SARGOOHA 146-OW 11/OT
      499 words
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      649 47 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO SOUTH AFRICA VESSEL/ VOYAGE SIN OUR JN6* MRE* PL2 CPT» BCW* MPM« TAO HE, 87 27/oa 10/09 14/09 21/09 11/09 16/09 20/09 22/09 JIANHE 86 11/09 25/09 29/09 06/10 26/09 02/10 05/10 07/10 HUME/108 26/09 09/10 13/10 20/10 10/10 15/10 19/10 21/10 VI HE/102
      649 words
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      Page 47 Advertisements Column 5
      271 47 11 JIM M IJ I'lVilL 13 |S 1 S|N FAR EAST 30/08 KEELUNG/KAOHSIUNG 28/08 BANGKOK 28/08 MANILA/CEBU 28/08 JAKARTA/BELAWAN/SURABAYA 28/08 PORT KELANG/PENANG/E. MALAYSIA 28/08 BUSAN 28/08 TOKYO/YOKO/KOBE/NGO/OSA 28/08 HONG KONG SIN CH|NA 28/08 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S]N EUROPE/UK 29/08 LDN/FLX/LVP/SOU 29/08 RDM/HAM/ANT/LEH/GOA/OSI/GOT/BCN also accepting cargo
      271 words
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      842 48 PHI LI-OHM NT LINGS PT€ LTD VlOB Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 ifc, P. Kelang: 03-*****98 Penang: 04-*****6 (CR COOE: **********0H)l Sft (S3 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION 26 AUG SYDNEY, MELBOURNE. BRISBANE, FREMANTLE 28 AUG AUCKLAND. WELLINGTON,
      842 words
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      Page 48 Advertisements Column 2
      289 48 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 28 AUGUST (Accepting to all Now Zaalartd ports) PENAN6 26 AUG JAKARTA 28 AUG PORT KLAN6 01 SEP BANGKOK 28 AUG MANILA 28 AU6 MELBOURNE 26 AUG STONET 26 AUG BRISBANE 26 AUG FREMANTLE 28 AUG ADELAIDE 26 AUG 27 AUG
      289 words
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      419 48 CONSOLIDATION TO BUSAN Singapore I FIRST FORWARDER IN OFFERING TWICE WEEKLY i LCL SERVICE TO BUSAN A Ixl csl Tel: Fax: INTERNATIONAL SEA FREIGHT A Singapore 778 6522 *****38/*****36 FORNAROWG fmtl Also has offices in:- m loKna sma Up# MALAYSIA I HAII.AND PHILIPPINES H j lttfr HONG KONG VIETNAM INDIA
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      1449 49 CONTAINERISED "HUB" SERVICE DIRECT TO ARGENTINA/BRAZIL URUGUAY i I S j mu i I au i ■■■I^HSH i ALEXANDER SCHULTE 003E 02/09 07/10 09/10 14/10 I 15/10 I 18/10 I 13/11 CANOPUS 003E 04/10 00/11 10/11 15/11 I 16/11 I 19/11 I 21/11 d FRANCISCA SCHUtTE 005E 24/10 20/11 30/11
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      Page 49 Advertisements Column 2
      440 49 zgx CEYLON SHIPPING CORPN National Una of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS s |wr ■> ips ta HIM I my&] mga wi i nm n,u nun a/w m BWHIAH <434-1 11/ M «VM 27/01 B/g «gg IOSW M/M M/W K/M 23/H M/M »/M 27/W lit
      440 words
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      Page 49 Advertisements Column 3
      515 49 IS CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE NO.SI VESSEL N. KRUPSKAYA FMMOMK PAVLOORAD PETROOVORETS OEKASRIST MUM PORTO EBI4 EBIS ESIO EBI7 Mil EBIO SUPjOO AIRES* Baßad MM MN Qaßad 11 13/09 30/00-14/Qt MONTEVIDEO Sailed Sailed Sailed Sailed 14-10/09 RIO ORAM DO 9U SHIM Sailed 10-17/09 PURSAN Sailed Sailed 21/088 20-2S/00
      515 words
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      400 50 79 ANSON ROAD, #21-01, SINGAPORE 02C7 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANG/SINGAPORE vessel I vor aw pkl vessel voy aw pen MCC CONVEYOR 9437 24/S/S4 (WED) 26/8/94 (FM) MCC CONVEYOR 9437 24/8/94 (W)) 2C/»/94 (FM) VIGOUR SWGAPORE *****W 26/8/94 (FM) 28/8/94 (SUM) XOUR JAVA
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      Page 50 Miscellaneous Column 1
      317 50 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 23«£ JR 2.9 3.0 2.1 2.3 1.6 1.0 0.6 0.4 0.4 0.7 17 2.0 2.5 2.7 2.6 2.3 1.7 1.1 0.7
      317 words
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      954 51 I ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 ww* pke* ray ftssas voy sw htm ant* ieh* ham wlx Fa 24/08 26/ OS 27/08 H. FROHTCR 312N 29/08 16/09 18/09 19/09 11/09 18/09 20/09 31/08 02/09 03/09 SI FREEDOM 312W 05/09 23/09 25/09 26/09 25/09 25/09
      954 words
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      Page 51 Advertisements Column 2
      461 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ttSSU «OT V K KUC KK MM *T IHUM QMS 35 29/9 orahgi sky 23 31/1 1/9 4/9 4/9 IMUM mm 15 27/1 »/l OUTBOUND VESSELS SP DUMAI N/8 MV Taajug Emai V» SP PK/ROTA KMABALU 3/9 MV Orange
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      Page 51 Advertisements Column 3
      937 51 JEDDAH/UK/CONTNENT I STORE lED S'TON ITBMK I DAM l£H •MM Acc*»* Cap F«: ESSEX EXPRESS 97/333 27/B 5/9 14/9 17/9 19/9 21/9 TiM—lw to MUK 4ttMita> M»l Ml DM*. LA SEN 37/134 31/1 17/9 29/9 22/9 RMtatan :M M Aatvv*. Aaatordan. o*. HRMI HOEOCT EXPRESS 14/334 3/9 12/9 21/9 24/9
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