The Business Times, 30 August 1994

Microfilm: NL19570
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Tuesday August 30 1994 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow up 12.62 points
      52 1 Reuter NEW YORK Wall Street stocks remained in a bullish mood yesterday. At Ipm EDT, advances led declining issues 11-7 on moderate volume of 158 million shares on the New York Stock Exchange. At 2pm EDT, the Dow Jones Industrial Average stood at 3,893.67 up 12.62
      Reuter  -  52 words
    • Article
      Lock icon MCI, Nextel end US$1.3b pact
      39 1 Bloomberg Business News WASHINGTON Nextel Communications and MCI Communications yesterday said they had ended a six-month-old agreement in which MCI would invest US$l.3 billion (551.95 billion) for a 17 per cent stake in Nextel.
      Bloomberg Business News  -  39 words
  • Article
    MARKET SUMMARY
    155 1 Stock Market indices Monday Change ST1I 2,305.8 +12.29 KLSEComp 1,120.37 +8.59 Nikkei 20,600.42 +128.93 Hang Seng SET Index 1,460.24 9.49 Jakarta Comp 507.76 2.43 CLSA China B Aust All Ord 2111.8 +34.6 FTSE 100 Monday Prerions 2pm dose Dow Jones 3,893.67 3,881.05 Average of prime or eqwvatent lending
    155 words
  • Article
    S'pore, KL stocks rise, but wariness prevails
    173 1 SINGAPORE Sentiment in local and Malaysian blue chips yesterday improved marginally, but an underlying tone of wariness resulted in softness in the broader market. The Straits Times Industrials Index managed a 12.29point rise to 2,305.8 in thin trading, the first time since last
    173 words
  • Article
    Jardine shares to be traded at lower brokerage in S'pore
    653 1  -  By Catherine Ong SINGAPORE The Stock Exchange of Singapore (SES) will allow Jardine Matheson Holdings (JMH) and its listed subsidiaries to be traded in the local market at Hongkong's lower brokerage rate of 0.25 per cent to 0.5 per cent
    653 words
  • Article
    Chok Tong, Murayama in talks to boost economic ties
    557 1  -  Call for Japan to lead in region's integration By Walton Morais SINGAPORE Prime Minister Goh Chok Tong and his visiting Japanese counterpart, Tomiichi Murayama, yesterday discussed ways to boost economic ties and Japan's role in the booming Asia-Pacific region. During what
    557 words
  • Article
    DBS Land keen on buying stake in state-owned Manila Hotel
    350 1  -  From Al Labita in MANILA DBS Land, in partnership with Raffles Hotel, is among the various parties seeking to acquire a 20-30 per cent stake in the state-owned Manila Hotel, an investment banker said yesterday. Hector Florento of AB Capital
    350 words
  • Article, Illustration
    Parry Chang pulls out of $40m Yoshikawa deal
    467 1 SINGAPORE Hongkong businessman Parry Chang has pulled out of a $40 million deal to take over Singaporebased Yoshikawa Chemicals, one of the world's biggest producers of lanolin for cosmetics. But the withdrawal of Mr Chang, better known as the chairman of Sesdaq-listed
    467 words
  • Article
    Transmarco likely to announce takeover offer by Indon party
    315 1  -  By Corinne Kerk SINGAPORE Marketing and distribution company Transmarco Ltd is expected to announce today that an Indonesian party is offering to take over the company at between $6 and $6.20 per share. Smith New Court, which yesterday asked the Stock
    315 words
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      128 words
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      12 1 Property: Pg n Coming up: 32,000 private homes Full reports, Pgs 26-30
      12 words
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      36 1 Typpk Lock Siew: Pg 19 ftJS: light at end of tunnel Japan won't forget pain it inflicted on Asia, Pg 2 Singapore's fund management industry: What's the growth trend? What six fund managers say, Pg 17
      36 words
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      Page 1 Advertisements Column 4
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Bending towards high-end
        298 2  -  By Claire Leow MAKERS of electronic components and peripherals have chalked up big export gains this year, thanks to soaring demand for computer and telecommunications equipment. There has been a structural shift, however, with many curbing production ot low-end products and latching on to products with higher
        Source: TDB trade stats  -  298 words
    • Article
      HDB waives new registration fees for flat applicants on waiting list
      465 2  -  By AJ Leow THE Housing and Development Board (HDB) will waive the registration fee for about 93,000 public flat applicants who are on the waiting list when the new Registration for Flat scheme (RFS) takes effect on Oct 1.
      465 words
    • Article
      CPF seeking to wind up Triangle Developments
      280 2  -  By Quak Hiang Whai THE Central Provident Fund Board is seeking to wind up Triangle Developments Holdings, a company that once tried unsuccessfully to buy the now-defunct Marina Village International. The CPF, a creditor of Triangle, petitioned the High Court on Aug 22
      280 words
    • Article
      Lock icon Three killed by gas fumes on board trawler
      123 2 Reuter THREE PEOPLE were killed when they were overcome by gas fumes aboard a Taiwan trawler in Singapore yesterday. A police spokesman said the three two Taiwan citizens and a Filipino were found dead in the cold room of the vessel Skin
      Reuter  -  123 words
    • Article, Illustration
      Lock icon Japan will not forget the pain it inflicted on Asia: Murayama
      457 2  -  By Walton Morais JAPANESE Prime Minister Tomiichi Murayama wound up his four-nation South-east Asian swing expressing remorse for the suffering of World War II victims and seeking consensus before proceeding on such issues as the East Asian Economic Caucus
      Reuter  -  457 words
    • Article
      Upbeat business outlook spurs demand for JTC facilities
      306 2 OPTIMISM about the general business situation helped to strengthen demand for Jurong Town Corp's (JTC) industrial facilities during the second quarter of this year. In a quarterly report released yesterday, industrial landlord JTC said strong demand came particularly from "the electronic products,
      306 words
    • Article
      Proposed resource centre to help innovators get Sisir, NUS backing
      266 2  -  By David Mok A PROPOSED resource centre providing technological expertise to start-up companies has received support from Sisir and the National University of Singapore (NUS). A memorandum of understanding was signed yesterday between Singapore Science Park Pte Ltd (SSPPL), Sisir
      266 words
    • Article
      Lock icon S Korean PM to visit S'pore after Hanoi trip
      220 2 AP HANOI South Korean Prime Minister Lee Young Duk, making his first official overseas trip, arrived here yesterday to push for closer cultural and economic links with Vietnam. Mr Lee is scheduled to fly to Singapore tomorrow for a two-day visit
      AP  -  220 words
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      113 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Bank Negara wary of offshore ringgit trade, ready to act
      441 3 Reuter KUCHING Malaysia's central bank remains wary of heavy offshore trade in the Malaysian ringgit and would consider taking future action against speculation in the currency, a senior Bank Negara official said over the weekend. Khong Kim Nyoon, the new
      Reuter  -  441 words
    • Article, Illustration
      Lock icon 7,000 orders for Malaysia's second national car
      145 3 Bernama KUALA LUMPUR A total of 7,104 confirmed orders have been received for the second national car, Perodua Kancil, mainly from first-time buyers. The chairman of Perusahaan Otomobil Kedua Sdn Bhd (Perodua), Raja Tun Mohar bin Raja Badiozaman, last night said the 660-cc
      Bernama; Reuter  -  145 words
    • Article
      Lock icon Suharto pledges continued democratic reforms
      310 3 Reuter JAKARTA Indonesia's President Suharto appeared in publie yesterday for the first time since he left hospital last week, and pledged to continue democratic reforms. But the 73-year-old retired army general, who has ruled his country with a firm hand for 27 years, told a
      Reuter  -  310 words
    • NOTE BOOK
      • Article
        Lock icon Anwar arrives in Nanjing
        92 3 Bernama NANJING, China Malaysia's Deputy Prime Minister Anwar Ibrahim arrived here yesterday as part of his six-day tour of several Chinese provinces to explore opportunities for increasing Sino-Malaysian trade ties. Mr Anwar flew here from Qingdao, a port city about 400 km south-east of Beijing. Yesterday
        Bernama  -  92 words
      • Article
        Lock icon Jakarta bourse's net interim up 20.6pc
        89 3 AFP JAKARTA The Jakarta Stock Exchange said yesterday that it recorded a net profit increase of 20.61 per cent in the first six months of this year to 8.24 billion rupiah (555.6 million). The exchange said pre-tax profits in the first half rose to
        AFP  -  89 words
      • Article
        Lock icon World Bank praises Ramos
        84 3 AFP MANILA The World Bank yesterday lauded Philippine President Fidel Ramos for boosting private-sector confidence with key reforms but said more needs to be done to transform this into greater investment and growth. The World Bank office here said an assessment it carried out "highlights the
        AFP  -  84 words
      • Article
        Lock icon Motorola's expansion plan
        59 3 Bernama PETALING JAYA Motorola Malaysia Sdn Bhd is to invest US$lOO million (Sslso million) for the construction of a new plant here, vice-president and managing director Roger Bertelson said yesterday. The new plant will double the size of the current facility to 747,000 sq ft, making it
        Bernama  -  59 words
    • Article
      Lock icon Ramos pushes for Gatt ratification before Jan 1
      318 3 AFP, Bernama MANILA The approach of the deadline for the Philippines to ratify the General Agreement on Tariffs and Trade (Gatt) is forcing the country to confront the inefficiency and uncompetitiveness of its sheltered industries. President Fidel Ramos is strongly lobbying the
      AFP,; Bernama  -  318 words
  • Page 3 Advertisements
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      761 3 PICS 10TH ASIA PACIFIC PETROLEUM CONFERENCE pgSIffITTIffWgBHBW [HE 19-21 September 1994 Singapore Oil Lecture 19<*4 yjHpl Raffles City Convention Centre, Singapore Asia: A Major Market for OPEC Oil Fiiu The Premier Meeting Place for the Ofl Industry State-of-the-lndustry Address: Cost Effective Environmentalism DR SUBROTO TO DELIVER OIL LECTURE t The
      761 words
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      Page 3 Advertisements Column 2
      230 3 WHY TAKE THE USUAL HOTEL CONVENTION PACKAGES... ...when a 19th Century Riverside Mansion and old Chinese Tdngkangs can make it a more memorable occasion. Amid the myriad of hotel convention packages, Clarke Quays quiet and peaceful River House an a A beautifully restored 19th B centuryTowkaymansion, its cool interior is
      230 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Taipei redrafts Bill on Chinese visitors
        108 4 Reuter K TAIPEI Taiwan officials have redrafted a Bill to allow business visitors from China, dropping an earlier proposal that would have permitted Chinese mediators to visit to resolve business and trade disputes, officials said yesterday. "Since we have not set up a business
        Reuter  -  108 words
      • Article
        Lock icon Chinese crackdown on illegal guns
        86 4 Reuter BEIJING China yesterday launched a new crackdown against privately-held weapons after admitting the country was awash with illegal guns and ammunition, according to the official Xinhua news agency. "A large number of weapons are still scattered in society which not only threaten social security
        Reuter  -  86 words
      • Article
        Lock icon Taiwan's anti-corruption drive
        75 4 Reuter TAIPEI Taiwan has charged 1,302 people, most of them government officials, with corruption during the first 10 months of a crackdown to end the tradition of giving gifts to officials, the Justice Ministry said yesterday. Prosecutors have indicted 1,302 people, including 957 government servants and elated
        Reuter  -  75 words
      • Article
        Lock icon Unravel Patten package, Beijing urged
        107 4 UPI BEIJING A senior Chinese legislator has urged China's top lawmaking body to dismantle Hongkong Governor Chris Patten s reform package after 1997 to promote a smooth transition to Chinese sovereignity, the official media said yesterday. By clearing away misleading comments by the current Hongkong
        UPI  -  107 words
    • Article
      Lock icon Taiwan looks to Israel for aircraft maintenance tie-up
      320 4 Reuter TAIPEI Taiwan, seeking to develop its fledgling aerospace industry, is looking at Israel Aircraft Industries Ltd as a possible partner for aircraft maintenance, an affiliate of the ruling Nationalist Party said yesterday. "We have been in contact with Israel recently and
      Reuter  -  320 words
    • Article
      Lock icon China to introduce rules to curb farmland speculation
      387 4 Reuter BEIJING China, alarmed at the amount of scarce arable land taken over for development, said yesterday that it will introduce regulations to curb farmland speculation. "It is a fact that our country has a large population but little arable land," Zou
      Reuter  -  387 words
    • Article
      Suzhou govt may mediate in row between developer and S'poreans
      388 4  -  By Schutz Lee SINGAPORE A representative of the Suzhou city government said the authorities may mediate in the dispute between the Hongkong developer and Singapore buyers of the Regent on the Park residential project in Suzhou. Li Ming, director of
      388 words
    • Article
      Jiangsu province needs 10m sq m of residential space a yean official
      332 4  -  By Teh Hooi Ling SINGAPORE The real estate industry in China's prosperous Jiangsu province has shown explosive growth in the first six month of this year, an official of the province said yesterday. But it still needs 10
      332 words
    • Article
      Lock icon Taipei's indirect trade with Beijing up 10.5pc
      238 4 AFP TAIPEI Indirect trade between Taiwan and China in the first half of 1994 edged up 10.53 per cent from a year ago to hit U554.57 billion (SS6.B billion). However, the Board of Foreign Trade (BOFT) said yesterday that the pace of two-way
      AFP  -  238 words
    • Article, Illustration
      Lock icon Away it goes
      36 4 Reuter XICHANG, China A Chinese rocket blasting off from Xichang Satellite Launch Centre on Sunday. The rocket carries an Australian communications satellite. The Obtub is the third Hughes-made satellite launched by China. Reuter
      Reuter  -  36 words
    • Article
      Lock icon Gloomy outlook for Taiwan bonds
      359 4 Reuter TAIPEI A booming stock market, soaring short-term interest rates and inflation fears have sent Taiwan's govern-ment-bond market into the doldrums, where it is expected to stay until the second quarter of 1995. "Because of high interest rates in the money market, there has been
      Reuter  -  359 words
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      35 words
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      Page 4 Advertisements Column 2
      245 4 II II J Mil Kgt Nonwovens and High Performance Fabrics 1 ,f vwur company uses Discover New Materials, a s engineered fibrous Applications and materials for apparel, medieal. sanitary coverstoek. Processes at <m.h& rit roofing. carpeting, insulation or filtration. I|| pMHAR J A M ,-.r a visit to Hi-Per Kab
      245 words
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  • REST OF ASIA
    • Article
      Lock icon Japan Foreign Minister to discuss resuming loans on Brazil trip
      440 5 Reuter TOKYO Japan's Foreign Minister Yohei Kono is likely to discuss a resumption of lending to Brazil from the Ex-port-Import Bank of Japan during his visit to South America this week, a foreign ministry official said. Mr Kono will visit
      Reuter  -  440 words
    • Article
      Lock icon Sri Lankan PM seeks army's views on ending separatist war
      252 5 Reuter COLOMBO Sri Lanka's new Prime Minister Chandrika Bandaranaike Kumaratunga is seeking the army's views on ways to end the 11-year Tamil separatist revolt that has killed 30,0 CX) people so far. Military officials yesterday said Mrs Kumaratunga, whose People's
      Reuter  -  252 words
    • Article
      Lock icon Japanese satellite develops sun sensor problem
      295 5 AFP TANEGASHIMA, Japan Japan's space agency yesterday postponed the first engine firing of a large satellite launched a day earlier on its second H-2 rocket mission, blaming problems with its sun sensors. "Investigations are taking place," the National Space Development Agency of Japan (Nasda)
      AFP  -  295 words
    • Article, Illustration
      Lock icon Ansett tests new frontiers
      108 5 Router SYDNEY Australian Prime Minister Paul Keating (centre) walking with Ansett Australia Holdings Ltd deputy chairman David Mortimer (left) and chairman Ken Cowley during a ceremony to mark the arrival of Ansett's new Boeing 747 Spaceship at Sydney airport yesterday. Sporting the new Ansett logo, the
      Router  -  108 words
    • ASIA NOTES
      • Article
        Lock icon S Korea won't budge over safer reactor
        94 5 Reuter SEOUL South Korea will not take part in an international deal to ftnanee upgrading North Korea's nuelear reactors unless Pyongyang accepts a safer model of reactor used in the South, a presidential spokesman said yesterday. South Korean President Kim Young Sam earlier
        Reuter  -  94 words
      • Article
        Lock icon Aussie housing demand revised upwards
        93 5 Reuter CANBERRA The Australian government's housing industry forecaster, the Indicative Planning Council for the Housing Industry (IPC), said it has revised up its forecast of underlying housing demand for the next four years. The IPC said improved economic conditions in Australia have resulted in an
        Reuter  -  93 words
      • Article
        Lock icon Keating to visit Japan
        64 5 Reuter TOKYO Australian Prime Minister Paul Keating will visit Japan next week for talks with Japanese eounterpart Tomiichi Murayama, the Foreign Ministry said yesterday. The ministry said Mr Keating's Sep 4-7 visit was designed to establish a personal relationship with Mr Murayama and to exchange views
        Reuter  -  64 words
      • Article
        Lock icon Pakistan bank officials in fraud probe
        75 5 Bloomberg Business News ISLAMABAD The government of Pakistan said over the weekend that officials at two major public banks are under investigation for fraud. The accusations related to loans of up to 1 billion Pakistani rupees (SS4B million) during the government of former Prime
        Bloomberg Business News  -  75 words
    • Article
      Lock icon Alarm bells ring as Aussie current account deficit confirms trend of worsening data
      366 5 Reuter CANBERRA The widening of Australia's current account deficit in July confirms a trend of worsening trade data accompanying faster economic growth. "There is no question that the past three months of current account numbers have been
      Reuter  -  366 words
  • Page 5 Advertisements
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      414 5 Audemars Figugt The master watchmakers. we have been making watches a very who an instinctive eye for proportion and Iv* 1 delights a truly Only j when she finds a watch that satisfies her exactdemands, will she Ujp^^B|^^a^3j^BMlß is as supple as a satin ribbon on your wrist. Our Tbe
      414 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Sob story with a happy ending
      1260 6 Joint ventures in China IT IS HARD to feel sorry for a company with a 1993 turnover of US$l34 billion (SS2O2 billion), but sometimes one has to. General Motors' joint venture in Shenyang, Liaoning province as the Hongkong and international press have been at
      1,260 words
    • Article
      So who are the owners of Brilliance?
      307 6 COMPANY chairman Zhao Xiyou was the man who had built up Jinbei, and who raised funds for the company through the most complex and intriguing stock offer in modern Chinese history. He was the person who cooked up the listing of Brilliance, the
      307 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
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      Page 6 Advertisements Column 2
      108 6 The stories are reprinted from the Aug 22 issue of Business China, a fortnightly management report by The Economist Intelligence (Jnit (Asia) Ltd FULL SERVICE OFFICES l ull\ lurnished exeeutive suites I 1111-lillK ;il YoUl SClMl'l' <»nlei\ nee nmtins lull supporting up-1 o-dai e laeilities Si i at l< »eat
      108 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Bosnia Serb 'no' to peace plan
        87 8 Reuter PALE, Bosnia Bosnian Serb authorities said partial preliminary results of a referendum showed an overwhelming rejection of an international peace plan. Election organisers said late on Sunday there was a heavy turnout for the two-day poll and that in some districts more than
        Reuter  -  87 words
      • Article
        Lock icon PowerGen early listing upsets MPs
        108 8 Bloomberg Business News LONDON British ministers are upset with the UK electricity generator, Power Gen pic, for considering seeking a US listing in November, ahead of the government's plan to issue a prospectus, the Financial Times said. The Treasury wanted Power Gen shares to be
        Bloomberg Business News  -  108 words
      • Article
        Lock icon PLO, Israel ink landmark accord
        82 8 AFP EREZ, Gaza Strip Israel and the PLO yesterday signed a landmark accord for the Palestinians to run their daily affairs on the West Bank for the first time. The "early empowerment agreement covering education, health, welfare, tourism, and taxation was inked at the Erez
        AFP  -  82 words
      • Article
        Lock icon Israel raises commercial rate 1.5pc
        105 8 Reuter JERUSALEM Israel's central bank stepped up its war against double-digit inflation yesterday, announcing its steepest interest rate rise this year. The decision to raise the basic lending rate to commercial banks by 1.5 percentage points to 14 per cent was another blow to the
        Reuter  -  105 words
      • Article
        Lock icon German foreign plant orders rise
        87 8 Reuter FRANKFURT Foreign orders for German engineering and plant construction equipment rose by a price-adjusted 15 per cent in July from July 1993, the German engineering association, VDMA, said. Total orders in the sector rose 11 per cent, including a 6 per cent rise in
        Reuter  -  87 words
    • Article
      Lock icon OECD sees risk of rising German govt debt
      260 8 Reuter BONN Germany's government debt may increase in the short term as a proportion of overall economic output. The Organisation for Economic Cooperation and Development (OECD) said in an annual report yesterday that alth nigh fiscal consolidation appeared to be better established
      Reuter  -  260 words
    • Article
      Lock icon US incomes grow 0.5pc, savings also up in July
      414 8 Reuter, Bloomberg Business News WASHINGTON Americans' incomes increased more strongly than their spending in July, the Commerce Department said yesterday, as more money was set aside in savings. Incomes from wages, salaries and all other sources grew 0.5 per cent from
      Reuter,; Bloomberg Business News  -  414 words
    • Article, Illustration
      Lock icon Man's best friend and protector?
      43 8 Reuter MOSCOW A Russian man trying to sell a pitbull terrier puppy at a market in Moscow on Sunday, frighting dogs such as pitbulls have become very popular in Moscow for personal protection as violent crime soars. Reuter
      Reuter  -  43 words
    • Article
      Lock icon Scharping includes rivals in German shadow cabinet
      289 8 Reuter BONN German opposition leader Rudolf Scharping, hoping to revive his flagging drive to unseat Chancellor Helmut Kohl, presented a shadow cabinet yesterday, including two main rivals in his Social Democratic Party (SPD). Mr Scharping said Gerhard Schroeder, the ambitious Lower Saxony state
      Reuter  -  289 words
    • Article
      British MPs red-faced over 4.7pc pay rise
      419 8  -  From Neville Stack in LONDON MPs are embarrassed, and even quarrelling among themselves, about whether they should draw a pay increase in apparent defiance of the British government's guidelines on other public sector employees. The rise, which will take MPs' salaries from £31,687
      419 words
    • Article
      Lock icon Dark clouds on the horizon for British economy
      312 8 Reuter LONDON Britain's ability to weather choppy economic cycles with steady-as-she-goes policies remains in doubt despite a prolonged spell of sustained growth in the wake of the latest recession. A government-induced economic boom could imperil a recovery in which inflation has fallen
      Reuter  -  312 words
    • Article
      Lock icon Another Cold War chapter to close with Russian troop pullout
      431 8 Reuter BERLIN One of the most emotive chapters of the Cold War closes tomorrow with the final farewell of the ex-Soviet troops in eastern Germany which for almost half a century formed the western bulwark of communist rule. Problems such
      Reuter  -  431 words
    • Article
      Lock icon EU moves to remedy companies' late-payment malaise
      548 9 FT LONDON Across Europe, recession has seen companies taking longer to pay suppliers, boosting their own cashflow at the expense of their business partners. And despite tentative economic recovery and much piety about business ethics late payment is a prop that companies are
      FT  -  548 words
    • Article, Illustration
      Lock icon The spirit was willing
      28 9 Reuter ESTORIL, Portugal This 30m-long condom-shaped balloon failed to rise to the occasion at a European Aids awareness campaign here over the weekend. Reuter
      Reuter  -  28 words
    • Article
      Lock icon Clinton faces choice of vetoing or accepting less than universal care
      353 9 Reuter WASHINGTON Lawmakers working to salvage health care reform expect to produce an incremental approach that could force President Clinton into an "either-or" decision. Either he sticks to his pledge to veto legislation that fails to cover all Americans
      Reuter  -  353 words
    • Article
      Lock icon Public support for Mexico ruling party sinks to new low
      163 9 Reuter MEXICO CITY MexiccTs ruling party won last week's presidential elections with the lowest percentage ever in its unbroken 65-year-old hold on power. The Federal Electoral Institute said Institutional Revolutionary Party (PRI) candidate Ernesto Zedillo won 48.77 per cent of
      Reuter  -  163 words
    • Article
      Lock icon S Arabia turns to private sector to drive economy
      382 9 Reuter DUBAI Sixty years after striking oil, Saudi Arabia is pressing its large middle class, which has prospered largely on the back of state spending, to share in generating wealth and take some of the risks of enterprise. The government of
      Reuter  -  382 words
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      Page 8 Advertisements Column 1
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      116 words
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      Page 8 Advertisements Column 2
      377 8 Companies often fail to achieve desired results when implementing vision and change because their organization processes are too slow, too costly or don't work at oil. Traditionally, business processes are designed around artificial, vertical and hierarchical structures raliier than natural horizontal business flows. The traditional design principles Division of Labor,
      377 words
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      Page 9 Advertisements Column 1
      485 9 This survey report will interest market professionals with products for #>e young and trendy. It unveils a segment of the Indonesian consumer market which has been neglected for too long. A market of 25 million people is Bp* hardly to be sneezed at, and with growing affluence because of P^
      485 words
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      Page 9 Advertisements Column 2
      115 9 A STRONG BOND THAT LASTS... <*vr /p. CARAN cTACHE GENEVE Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness brings genuine enjoyment a gift the receiver will appreciate. Discreetly enhanced with your company name or logo, engraved or with a medallion,
      115 words
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  • Page 10 Advertisements
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      140 10 J£&iii99 "'_.t- a iifffl wJf «Millki Mr ,l ii t <i 1 w&sim''--JBP wreft jar I ••> I' /9fiF 1 111 Ljt^ e mt W 1 iHI 111 ImT 11^M||i ilffl^iHPMp 1 iMiii'iiiiii'iiii iWHmBWWP ll' i wni II THE GOOD NEWS. THERE IS A LUXURY CAR WORTH ITS PRICE. The
      140 words
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  • PROPERTY & CONSTRUCTION
    • Article
      East, central regions to see 32,000 new private homes
      548 11  -  URA figures so far show most will be condo units, reports Abdul Hadhi Abdul Hadhi More than 32,000 private residential units will be ready in the next few years in the east and central regions, according to figures provided by the
      548 words
    • Article
      Lock icon Wharf spending US$58m a month on China projects
      267 11 Eastern Express WHARF Holdings, the conglomerate with interests ranging from property development to communications, is spending more than US$5B million (SsB7 million) a month on proi jects in China. During the past 12 months, the company has spent around US$7OO million out
      Eastern Express  -  267 words
    • Article, Illustration
      HK unlikely to suffer Tokyo-style property crash: Stanchart Securities
      648 11  -  By Elaine Koh STRONG fundamentals mean that a property crash in Hongkong similar to Tokyo's is not imminent, according to a report by Standard Chartered Securities Research in Hongkong. Hongkong's residential property market having fallen by between 10 and 30 per
      648 words
    • Article
      Bangkok slams speculators with package of property taxes
      774 12  -  Move aimed at bringing housing prices to affordable levels, reports Alan Boyd from Bangkok Alan Boyd Thailand is moving against real estate speeulators with a package of tax measures designed to bring housing prices back to affordable levels. A finance ministry official
      774 words
    • Article, Illustration
      Lock icon S-E Asian, HK investors snapping up choice New York property
      636 12 NYT THEY seemed to come out of nowhere a powerful group of Hongkong billionaires who appeared in June to revive Donald Trump's troubled Riverside South project with millions in cash and a promise to finance the multi-billion-dollar development. But while
      NYT  -  636 words
    • Article
      Lock icon Rough patch ahead for buoyant Indon property market
      536 12 FT IN THE MATTER of a few years the shanty towns in the centre of Jakarta have been replaced by high-rise office blocks, luxury apartments and five-star hotels, and rice paddies in the greater Jakarta area have been replaced with industrial estates
      FT  -  536 words
    • Article
      PROPERTY WATCH
      355 12 Selected transactions in the past week Date of Landaraa BuNMn Saieprtee iZLator »<*« 1 Typ. ((qB) («m) T (sg PRIVATE Aug 22,1994 2159 Gooduck Garden Condo 3 1700 I FH~ 790,000 464 Aug22,1994 I 0719 I ThePtaza [Condol 680 I 99 1 440,000 647 Aug 22 1994 1026
      355 words
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      Page 11 Advertisements Column 1
      522 11 y3;: r Z'i With 720 dpi and 16.7 million colours, what you see is what you get. I jlf ,ili Image captured on Image captured with Hi-Definition Inkjet Technology The EPSON Hi-Definition Colour Inkjet Printer. EPSON Stylus COLOR Inkjet Printer is the only inkjet Tha epson stylus droplets with bullet-like
      522 words
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  • Page 12 Advertisements
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      107 12 Saeco. ■BPH a M 'l|| *il^|**^J^B 7 Fully-automatic coffee maker from Saeco. Houses two closers one to grind collee beans, the other for coffee powder. Kasy to operate. Fast to brew. A break from the grind of f preparing a good cup of gourmet coffee. The 1 XjJ relief everybody
      107 words
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      Page 12 Advertisements Column 2
      34 12 I J.karci *Ho Misk City I ju >• «p*» >*«• (WORLDWIDE RESERVATIONS: LITE 1.1. INTERNATIONAL) HOTEL EQUATORIAI KLIALA LUMPUR. JAI AN SULTAN ISMAII SO2SO KUALA LUMPUR, MALAYSIA. TEL: (601) 261 7777 EXT. 8000 FAX: (601) 261-9020.
      34 words
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  • SPORTS
    • Article, Illustration
      Lock icon Friendly Games end on bitter note
      937 13 AP VICTORIA, British Columbia The Friendly Games became distinctly unfriendly in the end. The Commonwealth Games, usually far less pressurised than the Olympics and not known for controversy, ended on Sunday amid protests, disqualifications, acrimony and another drug scandal. Sierra Leone sprinter Horace Dove-Edwin
      AP; Reuter  -  937 words
    • Article
      Lock icon M'sia Games face protest minefield
      701 13 Rain forest logging, human rights under scrutiny by activists AFP VICTORIA Asia's first Commonwealth Games, in Malaysia in 1998, seemed bound for controversy right from the moment the Games flag was passed on here last Sunday. Environmentalists were already planning action to protest at what
      AFP  -  701 words
    • Article
      Lock icon Odds stacked against Lendl as contender for title
      692 13 US Open AP NEW YORK There are too many aches and pains, too many early-round losses now. and. yes. too many good young players for Ivan Lendl to be considered a contender for this year's US Open men's singles title. And he
      AP  -  692 words
    • SIDE LINES
      • Article
        Lock icon China targets couch potatoes
        93 13 AP BtIJING Worried that increased affluence may produce a nation of couch potatoes, China s government plans a national campaign to encourage physical exercise and promote fitness. The National Sports Commission has submitted a plan for the campaign to the State Council, China's Cabinet, and approval
        AP  -  93 words
      • Article, Illustration
        Lock icon Champagne bubbles fizzle out
        65 13 Reuter SPA-FRANCORCHAMPS. Belgium German driver Michael Schumacher waving to the crowd after winning the Belgian Grand Prix on Sunday. But five hours after being sprayed with champagne. Formula One officials disqualified world standings leader Schumacher because race stewards said his Benetton Ford did not conform to
        Reuter  -  65 words
      • Article
        Lock icon Monty adds German Open to spoils
        91 13 AFP DUESSELDORF Scotsman Colin Montgomerie fought off a challenge by Bernhard Langer on Sunday to win by a single stroke his second straight PGA European Tour event the U*****,000 (SSI.4 million) German Open. Montgomerie. who won last week's English Open, shot a 2-under-par 70
        AFP  -  91 words
      • Article
        Lock icon Boy, 18, wins US amateur champs
        112 13 AP PONTE VEDRA BEACH. Florida Tiger Woods won the last three holes of his 36-hole final match against Trip Kuehne on Sundav to become the youngest winner ever of the US Amateur Golf Championship. The 18-year-old from Cypress. California, scored what is believed to
        AP  -  112 words
    • Article, Illustration
      Lock icon Olazabal wins, Daly scuffles at World Series
      665 13 Golf AP AKRON. Ohio While Jose Maria Olazabal was enhancing his career on Sunday. John Daly was yet again placing his in jeopardy. Olazabal, the Spaniard who won the Masters earlier this season, was busy winning the World Series of Golf on the
      AP  -  665 words
    • SCORE CARD
      • Article, Illustration
        Commonwealth Games
        281 13 VICTORIA Kinab Sunday: Athletics Men's Marathon: 1 Stephen Moneghctti (Aust) 2 hrs 11 minutes 49 scconds 2 Sean Quilty (Aust) 2:14:57 3 Mark Hudspith (Eng) 2:15:11. Wheelchair marathon: I Paul Wiggins (Aust) 1:37:33 2 Ivan Newman (Eng) 1:41.55 3 Benjamin Lucas (NZ) 1:42:19. 1,500 m: I Reuben Chcsang
        281 words
      • Article, Illustration
        Golf
        172 13 AKRON, Ohio World Series of Golf finals scores Sunday (I S unless stated): 269 Jose Maria Olazabal (Spn) 66 67 69 67 270 Scott Hoch 71 64 65 70 271 Brad Eaxon 69 68 65 69. Steve Lowerv 67 66 66 72 272 John Huston 73 64 64 71.
        172 words
      • Article, Illustration
        Motor-racing
        103 13 SPA-ERVNCORCIIAMPS, Belgium Belgian Grand Prix Sunday (driver, nationality, team, laps completed, leaders' time and win- ner's average speed): 1 Damon Hill (GB) Williams Renault. 44. 1 hr 28 mins 47.170 sec. 208.170 kph 2 Mika Hakkinen (Fin) McLaren Peugeot. 44, 51.381 seconds behind 3 Jos Verstappen (Neth) Benetton Ford.
        103 words
      • Article, Illustration
        Tennis
        50 13 COM MACK, New York U*****,750 Waldbaum's Hamlet Cup final Sunday: 5-Yevgeny Kafelnikov (Rus) b 6-Cedric Piolinc (Fra) 5-7 6-1 6-2. SCHENECTADY, New York OTB International Open finals Saturday Men: Jacco Eltingh (Neth) b Chuck Adams (US) 6-3 6-4. Women: 8-Judith Wiesner (Aus) b Larisa Nciland (Lat) 7-5 3-6 6-4.
        50 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      929 14 Nothing Beats A Biid. where to wine, dine and entertain or i- 33 BUSINESS LUNCH OR FAMILY DINNER, 1 FEAST ALL YOU CAN. 1 E That's over 50 delightful dishes in all! I Featuring the best talked about seafood and Cantonese cuisine. All fe you can eat. Complimentary platter of
      929 words
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      Page 14 Advertisements Column 2
      402 14 SE ''IMP II Maximum oj 'Package C- 15 persons) 10 persons) $ISo++ rtitß- (Maximum of fJL—mm g 8 persons) t ---(S2EEEI~!I !*7V %pom for a song. for reservations, caUusot *****51 between lOJOomend bJOfm <Sr SJI iJIO efter SJOym I inpiV Trices vr subject to service charge uU prromlutg D ~*"**T
      402 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Sex kitten turned animal champion
      1166 15  -  Alan Riding talks to Brigitte Bardot, who has dedicated the fame she acquired on the big screen to the animals of the world Alan Riding NYT THE photographs decorating her office show Brigitte Bardot much as she looked when she first seduced the world: long
      NYT  -  1,166 words
    • Article, Illustration
      Lock icon Anita Baker's husband names street, property after her
      589 15 CHATTERBOX AP AP AP AP AP OVER the years, some of singer Anita Baker's greatest hits were written to her husband. Now, her husband is dedicating a street and a posh housing development to her. The newly paved I.2ha Baker Lane in
      AP  -  589 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      182 15 it linn iHMIEHWH3raSIIS(LiBtt« 22 August to 21 Septcmlx>r '94 Savour all the helpings you desire of our C W l house spec iality. Hainanese C hicken y J Rice at only one price C/pI Relish smooth and lender i hit ken with t steaming, fragrant rice now available at Cafe
      182 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1219 15 TV RADIO The Amityville Curse, f Upm, SBC 5 The house from hell terrorises its fifth set of occupants in this 1989 elTort. Three young coupies move in, and to their hor- 2!fjriyra^H< find books flying, doors B T ;l Bk and lights Gone With The Wind, 8.30pm, TV 2
      1,219 words
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  • Article
    Hot air in Cairo?
    545 16 EDITORIAL WELL before 20,000 earnest delegates descend on Cairo for the opening of the UN World Population Conference on Sep 5, the debate over what to do about an exponential increase in world birthrates has turned bitter and divisive. Every year, 93 million babies are born.
    545 words
  • WHAT THE OTHERS SAY
    • Article
      Smokers run out of space
      205 16 SINGAPORE has expanded its considerable antismoking armoury with the passage of the Smoking (Prohibition in Certain Places) Amendment Bill. Since 1985 smoking has been banned in government buildings. Through the years, enclosed and air-conditioned places were included. With the latest amendment, an important distinction has
      205 words
    • Article
      Beware of new nuclear threats
      200 16 EVEN BEFORE the world has resolved the issue of nuclear threat from North Korea and is still unclear about the situation in the Indian sub-continent, a new kind of nuclear threat is looming. The fear now is that this month any non-nuclear country could acquire
      200 words
    • Article
      Better queue than ballot
      188 16 THE NEW SYSTEM for Housing Board flat applicants is equivalent to a move to restore the first-come-first-served queueing principle. But whether this method will be better able to meet the needs of the majority compared to the balloting system will perhaps be known only after the
      188 words
    • Article
      Signal for the speculators
      189 16 THE FALL in residential property prices this summer has been relatively steep, but it has not been so sharp that it could be called a crash. This is a modest victory for the government in its efforts to take the heat out of the market. The
      189 words
    • Article
      Get the best in diplomacy
      150 16 TODAY, diplomacy needs to be practised by a professional elite. Along with several other countries, Malaysia has gone along with the idea for a foreign service institute. However, the adequacy of this type of preparation for a coterie of expertise may still be arguable, when
      150 words
    • Article
      A military dictatorship reigns
      110 16 WE MIGHT HAVE democracy in Bangkok. But upcountry particularly in the border regions a military dictatorship still reigns. How else can we explain the decision by military authorities to block off all access to Ban Ton Yang a Thai border checkpoint where Mon refugees are taking
      110 words
  • Article, Illustration
    Tokyo tries to stop foreign firms from saying sayonara
    955 16  -  Anthony Rowley discovers why more foreign companies are finding a Japanese listing no longer worthwhile and what the Tokyo bourse is doing about it Anthony Rowley The writer is BT's Tokyo Correspondent FOREIGN companies that rushed to list their stocks on
    955 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      182 16 i smart Opportunities Totnoriw's Technology Today Intag International Limited is an Australian, These unique technologies are already successhigh technology company which has developed fully employed in Europe, Japan and the US. leading edge technologies enabling the next Intag is preparing to introduce these products to generation automatic electronic identification the
      182 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      62 16 (uprdl-Y pootordl-y moMey.is it?J I VoJfiGes cqroidG UP rr—zr- r r t "I C AMOCMTCO NIWtWM* LTD, IM3-IM4 DOONESBURY GARRY TRUDEAU uhatstws? ihopbitu. umr? id Sarajevo. \mNexTcm\ HIM SAVING THEWCRIP. mf.rTSA PKNEUSERJL UHER3 MR.PPZSiPENT! 1 /ZC, cut,\ GaDNMKMtti -rnnaEAT MHTTE PAPER lOmSIR! ARB YOU TO SUPERVISE CONGRAWtM<m)\ B&U&W ON HAITI/
      62 words
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  • ANALYSIS
    • Article
      Unable to shake off the Bernie Cornfeld spectre
      1161 17  -  Singapore's fund management industry has long lagged behind other more dynamic financial sub-sectors such as foreign exchange and futures trading. Catherine Ong analyses the industry's growth trend and talks to six fund managers Catherine Ong SINGAPORE'S fund management industry could do with
      1,161 words
    • Article, Illustration
      Asia's where the action is for Morgan Grenfell
      351 17 MORGAN Grenfell Investment Management (Asia) (MGlMA)sees growth in the next five years coming from international investors who want to "invest an increasing proportion of their funds in the region", says managing director Diane SeymourWilliams. Interest from European and US pension funds has
      351 words
    • Article
      The highperforming VIP unit trust at Citibank
      225 17 CITIBANK started managing funds for private clients in Singapore 10 years ago and is today among the largest in the industry. The bank's fund management operation is split between the private banking unit, which has about US$BOO million under its charge, and Citicorp
      225 words
    • Article
      OCBC funds shoot past $1.5b
      355 17 SINCE it started taking in clients outside the Oversea-Chi-nese Banking Corporation stable in 1986, OCBC Asset Management has garnered funds in excess of Ssl.s billion. The bulk of the funds comes from institutional clients, including government-related companies, statutory boards, insurance companies and public companies. The
      355 words
    • Article
      Nomura's S-E Asian fixation
      521 17 UNTIL three years ago, one of Japan's biggest fund managers, Nomura Investment Management Co (Nimco), did not run funds specialising in nonJapan Asian markets. All the dealings in the South-east Asian markets were done out of Tokyo through Pacific Basin funds. In these portfolios, Japanese stocks
      521 words
    • Article
      Morgan Stanley eyes the high net worth
      338 17 CHIN Ean Wah, managing director of Morgan Stanley Asset Management, sees exciting potential in the management of funds for Asia's busy professionals and high net worth individuals. "I'm more interested in the highend retail market, in people who need someone to look after
      338 words
    • Article
      Government funds attract J P Morgan
      347 17 JP MORGAN Investment Management's long-term plan is to develop advisory services with government institutions, says Christian Frei, the firm's vicepresident. "We've always had a strong bias towards sovereign financing and advisory services," he added. Since it shifted its office from Hongkong to Singapore in
      347 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      255 17 f fl «>. L, rfftfi^ IP BWr'Tii i P j3> F««L TREASURES OF E9 THE 8 IMMORTALS BM At Wans liang Lou our new seafood set menu has ingredients so fresh that each dish is an edible treasure in itself Heavenly double boiled shark's fin soup, (full comb) in an
      255 words
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  • Article
    Lock icon US, China sign commercial accord
    419 18 Landmark pact aims to set up meetings focusing on 14 areas, including telecoms, aviation AP, Reuter, AFP BEIJING The United States and China signed a landmark accord here yesterday to expand Sino-US commercial ties as Chinese and US firms inked two multimilliondollar contracts. The agreement,
    AP,; Reuter,; AFP  -  419 words
  • Article
    Lock icon US-Japan trade talks focus on vehicles
    258 18 Reuter, AP TOKYO Japan and the United States held workinglevel trade talks focusing on vehicles on Sunday. Hitoshi Yamada of the Ministry of International Trade and Industry yesterday said Vice-Minister Sozaburo Qkamatsu exchanged views on vehicle issues with Jeffrey Garten, US Commerce Undersecretary for
    Reuter,; AP  -  258 words
  • Article, Illustration
    Lock icon Driving lesson
    39 18 AFP MANILA President Fidel Ramos receiving instructions from an instructor from Britain's GKN defence company before test driving a locally assembled Simba armoured personnel earner on Sunday. The Philippine armed forces have ordered about 150 Simbas. AFP
    AFP  -  39 words
  • Article
    Lock icon Kodak to sell Sterling Winthrop business for US$3b
    306 18 AP NEW YORK Eastman Kodak Co yesterday said it has agreed to sell its remaining Sterling Winthrop business that makes non-prescription remedies like Bayer aspirin to SmithKline Beecham for U552.93 billion (554.45 billion) in cash. The deal represents the latest step in
    AP  -  306 words
  • Article, Illustration
    Lamentable lack of good jobs in the US
    838 18  -  The Bottom Line ROBERT KUTTNER ROBERT KUTTNER The writer is co-editor of The American Prospect and author of The End of Laissez-Faire. Reproduced from Business Week International by special permission. Copyrighted by McGraw-Hill. THE United States economy is generating jobs four million
    838 words
  • Article
    Lock icon Advisers urge Apec not to become a trade bloc: reports
    350 18 Reuter CANBERRA Key advisers to the Asia-Pacific Economic Cooperation (Apec) forum have urged the 17-member group not to create a regional trade bloc, Australian newspapers reported yesterday. The Eminent Persons Group (EPG), a panel of government representatives and appointees from
    Reuter  -  350 words
  • Article
    Lock icon Japan's first 24-hour airport declared open in Osaka
    285 18 Reuter TOKYO Japan's first 24hour airport, reviled for being the most expensive in the world but hailed as an architectural landmark, was declared open yesterday after years of controversy. "I hope the new airport... will become a new gateway to connect Japan
    Reuter  -  285 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      129 18 Nitsuko M Digital Keyphone Systems Leading Edge TtchMlofli J At M m jst M a W m mn FULL LINK PLAZA BEIJING The Jm y> »t To Your Investments a SE <k „>.- location ni?i?irp« 1 Dong Er Huan St., Beijing UrflLLo Adjacent to the Ministry of Foreign Affairs FOR
      129 words
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      Page 18 Advertisements Column 2
      24 18 Distributor: rel 2U ***** taw. 170 78 9 8 Singapore Communications Equipment Co Pfc Ltd i UA i LIU I %J vSJ Duality Smite
      24 words
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  • COMPANIES & MARKETS
    • Article
      Sembawang to invest in Viet industrial park project
      420 19  -  From Rahita Elias in HANOI ENGINEERING-based Sembawang Corp plans to invest in a multi-million dollar industrial park project in Vietnam an idea first mooted when Prime Minister Goh Chok Tong visited the country in March. A source in Hanoi said that the
      420 words
    • Article
      Sempec, UHDE clinch US$60m plant deal
      295 19 SINGAPORE Sembawang Projects Engineering Company Pte Ltd (Sempec) and German partner UHDE GmbH have landed a US$6O million (Ss9o million) contract to build a hydrogen peroxide plant. The deal represents the first project undertaken by Sempec and UHDE since they entered into a strategic
      295 words
    • Article
      CarnaudMetalBox to launch $32m research programme
      225 19 SINGAPORE Packaging group CaraaudMetalßox is embarking on a $32 million research programme over the next five years to develop packaging technologies, particularly metal packaging. Its planned regional research and development centre in Singapore will be partly funded by a $6 million grant from the
      225 words
    • Article
      CPF makes eight counters trustee stocks, removes three
      249 19 SINGAPORE The Central Provident Fund Board has increased its trustee stock list by five counters, after adding eight and taking away three. Of the eight, two are loan stocks Orchard Parade Holdings Ltd Loan 5 per cent 1999 and Steamers Maritime Holdings
      249 words
    • Article
      CCL's Aussie associate is world's top Hyundai distributor
      170 19 SINGAPORE Cycle and Carriage Ltd's Australian associate company, Hyundai Automotive Distributors Pty Ltd, became the world's top Hyundai distributor with the fastest growing sales in the first half of the year. It grabbed 5.2 per cent of the Australian passenger car market
      170 words
    • Article
      YHS' poor interim results: there's light at the end of the tunnel
      635 19  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE The company that aspires to be the "leading beverage manufacturer in Asia" must be feeling sheepish. No, it's not that Yeo Hiap Seng Ltd does not have the potential. Rather,
      635 words
    • Article, Illustration
      Rothmans site sends big property firms into a frenzy
      426 19  -  By Ven Sreenivasan SINGAPORfc Almost all the major listed property companies arc said to be vying for Rothmans Industry's Bukit Timah factory site, with the highest bid understood to be nearly 5650 per sq ft. First Capital Corp, Wing Tai, Malayan
      426 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        45 19 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Overnight events may alter sentiment. Brokers /tolled Alliance. Haring. I)aiwa. Fraser. OK iioh. Morgan (nenfell. Nomura. Ongi'o. Phillip. Smith Sew Court. lat Ix'e and H I Can
        45 words
      • Article, Illustration
        HOT STOCK
        149 19  -  -By Paul Leo In no vest has been trading a 3(Vcent range between 80 cents and $1.10 since April. At yesterdays close of 83 cents, it is a buy. Daily and monthly Relative Strength Indices are below 25, indicating an oversold situation. But weekly RSI is neutral. Daily
        149 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          DBS Land on Bangkok project
          43 20 SINGAPORE DBS Land, responding to a Business Times front-page artiele yesterday headlined "DBS Land to join 2b baht project in Bangkok CBD", said that it was discussing terms ot the project with Golden Land Property Development Co Ltd.
          43 words
        • Article
          Jurong Engineering profit rises 37.5pc
          70 20 SINGAPORE Lucrative overseas projects helped Jurong Engineering Ltd post a 37.5 per cent rise in after-tax profit to $8.11 million for the half-year ended June 30, 1994. The rise in profit was posted on the back of a small rise in turnover to $57.82 million
          70 words
        • Article
          UPP's interim profit down 93pc
          72 20 SINGAPORE Listed United Pulp Paper posted a 93 per cent drop in group after-tax profit to $826,000 for the half year ended June 30. Turnover jumped 23 per cent to $25.45 million. UPP attributed the drop in profit to reduced tax credits arising from lower
          72 words
        • Article
          CAM Mechatronics gets $1.54m order
          58 20 SINGAPORE Contract manufacturer CAM Mechatronics yesterday announced that it had received an order worth $1.54 million from SyQuest Technology Inc of America to make spindle motors for the latter's disk drives. Production delivery will begin in October. The order is not expected to have a
          58 words
        • Article
          Pacific Can deputy chairman resigns
          42 20 SINGAPORE Pacific Can yesterday announced that its director and deputy chairman, Chua Ma Yu, had resigned with immediate effect. Mr Chua was a nominee of Waterfront Hotel and Resorts Sdn Bhd, a substantial shareholder of Pacific Can.
          42 words
        • Article
          Lock icon M'sian Resources sells stake in Sikap
          71 20 Bernama KUALA LUMPUR Malaysian Resources Corporation Bhd (MRCB) is selling a 20 per cent equity interest in Sikap Power Sdn Bhd comprising 10 million ordinary shares of Msl each to Perbadanan Kemajuan Negeri Perak. MRCB said yesterday that the sale consideration for the shares
          Bernama  -  71 words
        • Article
          Lock icon Indocement's profit rises 10.5pc
          53 20 Reuter JAKARTA Indonesia's PT Indocement Tunggal Prakarsaposted a rise in net profit of 10.5 per cent to 165.82 billion rupiah (S$ 114.4 million) in the first half compared with 150.06 billion rupiah for the same period last year. Analysts said the results were in line with
          Reuter  -  53 words
        • Article
          Corrections and clarifications
          40 20 IN A REPORT on Saturday, headlined "Falmac achieves $2.9 million net earnings", we said that Falmac Ltd's financial yearend was March 31. This is wrong. Its financial year-end is May 31. We are sorry for the error.
          40 words
      • Article
        Untitled
        497 20 Wmpft' pHw (S) Aug 30 Mendaki Or Fund I-19 I 22a Wxmt* Unit Trust us Gr Fund 1.02 1.06* 74 UMB Invest Mgt Ltd The Savings Fund 1.58 1.67 Umfund 1.53 39 S pore Prog Fund 0.71 0.75 Unibond 1.035 06 S-porc See Fund 1.03 109xd United Gr Fund .72
        497 words
      • Article
        CSA interim net earnings jumps 30.7pc to $4.16m
        223 20 SINGAPORE Computer software firm CSA Holdings lifted interim net earnings 30.7 per cent to $4.16 million for the six months to June 30 and said it expects to do just as well in the second half. CSA said the higher turnover and
        223 words
      • Article
        Aztech disappoints with 20pc drop in six-month net profit
        351 20  -  By Joseph Rajendran SINGAPORE Multimedia firm Aztech yesterday announced a disappointing 20 per cent drop in interim net profits, in sharp contrast to the high expectations that have been built up around the company. Aztech said net profits fell to $5.95
        351 words
      • Article
        Cerebos unit to build factory in Guangzhou
        175 20 SINGAPORE Cerebos Pacific Ltd yesterday announced that its China-based subsidiary, High Tech Foods (Guangzhou) Ltd, had leased an 18,300 sq m plot of land in Guangzhou. High Tech Foods will pay 8 million yuan (SSI.4 million) for the land, which is located within
        175 words
      • Article, Illustration
        Intraco sells 20pc stake in STIC unit back to parent
        463 20  -  By Genevieve Cua SINGAPORE Intraco has sold its 20 per cent share in a food subsidiary of Singapore Technologies Industrial Corporation back to STIC for $15.7 million in cash. The sale of its Singapore Food Industries stake back to the
        463 words
      • Article
        Kemayan revamps S'pore operation
        228 20 SINGAPORE Kemayan Corporation Bhd. a Malaysian company traded on Clob International. has restructured its operation in Singapore to tap opportunities in property development and construction engineering in the region. In a release yesterday, Kemayan said it has invested around Sss million to restructure two wholly owned
        228 words
      • Article
        Wing Teik to inject US$33m into China steel venture
        266 20  -  From Ho Kay Tat in KUALA LUMPUR HARDWARE group Wing Teik Holdings Bhd plans to invest US$33 million (5549.5 million) to operate an existing government-owned steel mill in China that would guarantee a net return of at least US$l2 million in
        266 words
      • Article, Illustration
        Granite's proposed horse-racing venture in S Africa seen as viable
        414 20  -  From Ho Kay Tat in KUALA LUMPUR A TOP Malaysian racing official has endorsed Granite Industries Bhd's proposal to invest in a horse-racing venture in South Africa as "viable and feasible". Ronald Khoo, chairman of the Selangor Turf Club and
        414 words
      • Article
        Tuan Sing enjoys 12pc rise in after-tax profit at half-time
        265 20 SINGAPORE Helped by a surge in construction contracts, property-based Tuan Sing Holdings posted a 12 per cent rise in interim after-tax profit to $2.69 million. The group said yesterday the rise in profit for the six months ended June 30.
        265 words
      • Article
        Seel's interim earnings jump 22pc
        310 20 SINGAPORE Singapore Electronic and Engineering Ltd (Seel) yesterday reported a 22.4 per cent rise in interim net earnings to 51.96 million, boosted by interest and other income. The latter rose to $484,000 from SIBO,OOO previously, in part because of a product development grant an unspecified
        310 words
      • Article
        Lock icon Hopes of closer business ties with China spur Taiwan stocks
        453 21 Bloomberg Business News TAIPEI Taiwan stocks closed at a four-year high for a second consecutive session yesterday on hopes for expanded business ties with China, analysts said. The benchmark weighted price index of the Taiwan Stock Exchange gained 87.48 points,
        Bloomberg Business News  -  453 words
      • Article
        Lock icon Maanshan Iron forges 590m yuan interim profit
        228 21 Reuter HONGKONG Maanshan Iron and Steel Co Ltd (Magang), one of China's biggest /iron and steel producers, yesterday announced an unaudited consolidated profit attributable to shareholders of 590.5 million yuan (SSIOO million) for the six months ended June 30, 1994. Earnings per share
        Reuter  -  228 words
      • Article
        Lock icon OLS Asia to tap Aussie market for A$13.8m
        241 21 Bloomberg Business News SYDNEY Hongkong-based Chinese property developer OLS Asia Holdings Ltd will seek A 513.8 million (5515.2 million) through a share offering in Australia, becoming the third Chinese company to list here. OLS Asia plans to issue 15 million fully paid
        Bloomberg Business News  -  241 words
      • Article, Illustration
        Lock icon Arnotts profit surges to a record A$81m on cost-cutting
        236 21 Bloomberg Business News SYDNEY Aggressive costcutting helped Australian biscuit and cookie maker Arnotts Ltd overcome declining revenue and post record profit of ASBI.I million (Ss9o million) in the year ended June 30. The result is a 71.7 per cent increase on
        Bloomberg Business News; Reuter  -  236 words
      • COMPANY BRIEFS
        • Article
          Lock icon Beijing punishes software pirate
          78 21 AFP TOKYO Sega Enterprises Ltd yesterday said the Chinese authorities had penalised a domestic company for the first time for violating foreign computer software copyright. Shenchu Electronic Equipment Factory was punished for illegally making and selling copies of Sega video-game machines and software. China's National Copyright
          AFP  -  78 words
        • Article
          Lock icon Compaq cuts PC prices in Europe
          67 21 Bloomberg Business News LONDON Compaq Computer Corp yesterday cut its European prices for personal computers up to 29 per cent, following similar cuts in the US and Canada. Compaq cut prices on its flagship Deskpro XL models 20 per cent; up to 29 per
          Bloomberg Business News  -  67 words
        • Article
          Lock icon Dong Fang's 1st half net up 50pc
          95 21 Bloomberg Business News HONGKONG Chinese hydro-electric turbine manufacturer Dong Fang Electrical Machinery yesterday reported net profit of 26.77 million yuan (554.5 million) for the six months ended June 30, a 49.6 per cent increase over the same period the year before. The comparative
          Bloomberg Business News  -  95 words
        • Article
          Lock icon Taipower to sell China steel shares
          82 21 Reuter TAIPEI Taiwan Power Company (Taipower) plans to sell the 22 million shares it holds in China Steel to try to speed privatisation of the state-run firm. A company official yesterday said Taipower's board had approved the sale. State-run Taipower first sold 160 million
          Reuter  -  82 words
      • Article
        Lock icon Kunming Machine's sales down but profits up
        196 21 Bloomberg Business News HONGKONG Chinese state-controlled machine tool manufacturer Kunming Machine Tool Co yesterday said that China's austerity policies led to a 55.7 per ccnt slump in its sales in the six months ended June 30. The company, which is listed on the
        Bloomberg Business News  -  196 words
      • Article, Illustration
        Lock icon ITT-Cablevision in huge US$1.07b cash purchase deal
        523 23 Reuter NEW YORK ITr Corp and Cablevision Systems Corp will buy Madison Square Garden, the New York Knicks, the New York Rangers and a regional cable television service from Viacom Inc for U551,075 billion (S$ 1.61 billion) in cash. The companies also said
        Reuter  -  523 words
      • Article
        Lock icon Power struggle led to collapse of Renault merger: Volvo ex-chairman
        547 23 AFP GOTHENBURG The collapse of the Renault-Volvo merger in December 1993 and the ensuing resignation of board chairman Pehr Gyllenhammar was due to a gigantic power struggle. Mr Gyllenhammar, in his first interview with a Swedish paper since the collapse,
        AFP  -  547 words
      • Article
        Lock icon Fidelity raises Goodman stake
        162 23 Reuter SYDNEY Troubled food group Goodman Fielder Ltd said US fund manager Fidelity Management has increased its stake in the group to 7.24 per cent or 82.32 million shares from 6.2 per cent or 72.71 million. Goodman said in a notice to the Australian Stock Exchange
        Reuter  -  162 words
      • Article
        Lock icon Outlook for higher oil prices boosts shares of pipe-maker Sumitomo Metal
        411 23 Bloomberg Business News TOKYO Investors convinced that oil prices arc headed higher as the world's major economies recover are buying Sumitomo Metal Industries, according to analysts. Sumitomo Metal is the world's largest maker of seamless steel pipes, which are
        Bloomberg Business News  -  411 words
      • Article
        Lock icon NZ's Fletcher Challenge profits seen up but focus is on current year prospects
        614 23 Reuter WELLINGTON Timber giant Fletcher Challenge Ltd (FCL) announces its annual profit tomorrow but analysts say the real interest is in any news the company drops about the current year at a marathon briefing session later in
        Reuter  -  614 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Drought and stronger A$ cut Aussie commodity earnings
        341 24 SYDNEY Severe drought in eastern Australia and a higher local dollar have reduced the country's earnings from exports of raw materials, the International Commodity Price Review said yesterday. About two thirds of all Australian exports are raw materials. The report said prices
        341 words
      • Article
        Lock icon Funds firms act to rein in derivatives use
        450 24 Bid to avoid spectre of investment losses Bloomberg Business News NEW YORK Some of the largest US mutual fund companies are taking steps to control the use of derivative securities in funds. T Rowe Price Associates, USAA Investment Management Co and Founders
        Bloomberg Business News  -  450 words
      • SMALL CHANGE
        • Article
          Lock icon Pacific Bank gets AA3 rating
          70 24 Bernama KUALA LUMPUR Rating Agcncy Malaysia Blid has given a long-term rating of AA3 and a short-term PI to Pacific Bank Bhd. RAM yesterday said the bank's asset quality, which declined following the mid-1980s recession, had improved significantly due to its prudent credit policies and
          Bernama  -  70 words
        • Article
          Lock icon Indian state govts to issue stock
          80 24 Reuter BOMBAY The Reserve Bank of India (RBI) yesterday said six state governments would issue 10-ycar, 12.5 per cent securities for a total of 6.13 billion rupees on Sep 12. The securities, to be issued by the states of Assam, Andhra Pradesh, Bihar, Kerala,
          Reuter  -  80 words
        • Article
          Lock icon Record profit for Bank of Melbourne
          57 24 Bloomberg Business News MELBOURNE Regional group Bank of Melbourne yesterday said record lending to home-buyers lifted its profit 19.7 per cent in the year ended June 30. The bank said net profit rose to a record As 63 million (SS69 million) from A 552.6
          Bloomberg Business News  -  57 words
        • Article
          Lock icon Daelim to cut ethylene output
          93 24 Renter SEOUL Daelim Industrial Co Ltd yesterday said it had decidcd to suspend operations of a naphtha cracker with an annual capacity of 300,000 tonnes for 35 days, from Oct 11, under its regular maintenance programme. I lie decision is also in line with an
          Renter  -  93 words
        • Article
          Lock icon KL's credit card controls
          107 24 Bcrnama BUKIT MHRTAJAM The Financc Ministry is studying the possibility of controlling interest rates charged by credit card companies. Deputy Finance Minister Mustapa Mohamcd yesterday said some credit card companies imposed higher interest than banks,'levying a monthly interest rate of between one and 1.5 per cent
          Bcrnama  -  107 words
      • Article
        Lock icon Drop in Indonesian coffee supply boosts Viet, Thai exports
        466 24 Knight-Ridder TOKYO Vietnamese and, to a lesser extent, Thai coffee will benefit this season from an expected reduction in Indonesian coffee exports, Asian traders say. In fact, supplies of Indonesian coffee have already become difficult to secure, they said. New-crop offers
        Knight-Ridder  -  466 words
      • Article
        Lock icon BHP's Dai Hung oil field to be onstream in October
        206 24 Reuter KUALA LUMPUR Australia's Broken Hill Pty Ltd (BHP) expects its Dai Hung (Big Bear) oil field in Vietnam to start commercial production of about 30,000 barrels a day in October, BHP's chief executive said last Friday. But John Prescott
        Reuter  -  206 words
      • Article
        Lock icon Chase sees renminbi remaining steady for rest of year
        243 24 Reuter BEIJING The Chinese renminbi, which has depreciated in value by 40 per cent since 1990, has been steady since the start of 1994 and will remain so at least until the end of this year, says Chase Manhattan's Beijing representative.
        Reuter  -  243 words
      • Article
        Lock icon Currency Reports: Europe
        202 24 Reuter LONDON The dollar staged an impressive performance in Europe yesterday, extending Friday's gains by over two pfennigs in a late rush to buy the US currency. It had spent most of the morning session trading sideways around 1.57 marks before a report from the Organisation for
        Reuter  -  202 words
      • Article
        Lock icon Oil prices rally on surge in petrol
        188 24 ENERGY REPORT Reuter LONDON World oil prices rallied yesterday led by US petrol after a late Friday sell-off in futures pits in London and New York. The London International Petroleum Exchange (IPE) was closed for a British holiday. But October US light crude
        Reuter  -  188 words
      • Article
        Lock icon New York
        95 24 Reuter NEW YORK The dollar was mixed in quiet midday trading after a brief run at a good resistance level versus the mark. The dollar briefly climbed above 1.5905 marks. An OECD report saying another German rate cut is possible, gave the dollar its initial impetus against the
        Reuter  -  95 words
      • Article, Illustration
        Untitled
        1394 24 Irade-nvtfkled index i-akvkunl against S'porr 's top 14 trading partners Bast year: IMS US$/S$ forward rates Noon Aug 29 ss BU Offer 1-month 1.4992 1 3006 2-month I 4986 1.5000 J-month I 4980 1.4994 6-month 1.4961 ***** Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at fan m tag
        1,394 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen futures end easier but off lows
        1248 25 Reuter SINGAPORE Simex Euroyen and Japanese government bond futures ended easier but off the day's lows. Eurodollars ended mostly unchanged in dull trade. Dealers said the Euroyen traded in a narrow range, tracking movements in the dollar/yen exchange rate. The dollar rallied on
        Reuter  -  1,248 words
      • Article
        KL tin extends gain on further demand
        647 25 COMMODITY REPORTS KL Tin TIN extended its rise, closing up three sen at MS 13.38 a kg on continued local and foreign demand, traders said. They said the rise also reflected further gains in London on Friday. European buyers again made their presence
        647 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Aluminium premiums in Asia up
          74 25 TOKYO Demand for prompt delivery of nearby, high-quality metal is helping to drive up aluminium premiums in Asia, according to industry sources. Spot CIF aluminium premiums for delivery to Japan are now quoted at around USSIIS (SSI72) per tonne over London Metal Exchange cash prices,
          74 words
        • Article
          China to keep Japan soyabean sales
          95 25 TOKYO China's unofficial withdrawal from the soyabean market will have very little effect on sales to Japan, which usually pays higher prices than other buyers for the commodity, traders said. The Japanese market has been concerned about the Chinese move ahead of a series
          95 words
        • Article
          Japan July gold imports up 176pc
          62 25 TOKYO Japan's customs-cleared imports of gold totalled 21.342 tonnes in July, up 176 per cent from a year before, while those of platinum were 6.88 tonnes, up 37.3 per cent, according to data released yesterday by the Ministry of Finance. July silver imports were
          62 words
        • Article
          India vegetable oil prices seen steady
          90 25 NEW DELHI India's wholesale vegetable oil C- :es appear to have peaked, with oil prices falling week, but traders rule out any steep fall in prices over the next few weeks. Traders expect domestic demand to rise over the next few weeks because Aug-Oct
          90 words
    • Article
      COMMODITY PRICES
      1387 25 Rubber Singapore Commodity Exchange (hrturw darti» at 5.3Q|w) ESS 1 C—tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 94 199.50 950 Oct 190.25 190.25 189.25 250 4550 Nov 177.25 150 5250 Dec 174.00 172.75 173.75 300 4850 Jan/Mar 95 170.25 ***** Apf/Jun 171.75
      1,387 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1135 26 +34.6 THE sharemarket ignored worrying trade data yesterday to close at a three-month high, propelled by bullish offshore markets and a swag of healthy profit results. The All Ordinaries Index rose 34.6 points, or 1.67 per cent, to 2,111.8, its highest close since May 24 when it ended at
        1,135 words
      • Article
        Manila
        626 26 -6.62 Philippine share prices continued to slump yesterday as prof-it-taking prevailed for the second day in a row, but a rally was expected later in the week, analysts said. The Philippine Stock Exchange Composite Index fell 6.62 points or 0.21 per cent to close at 3,092.27 points after falling
        626 words
      • Article
        Taipei
        538 26 +87.48 Taiwan stocks soared 1.26 per cent, breaching the 7,000-point barrier on heavy buying of marines and financials to close at a four-year high, brokers said. The index leapt 87.48 points, or 1.26 per cent, to end at 7,040.52, off an intra-day high of 7,069.86. Turnover was an active
        538 words
      • Article
        Seoul
        410 26 -5.17 Stocks closed lower in thin trading as losses by blue chips and higher-capitalisation stocks outweighed mild gains by selective issues, brokers said. The Composite Index closed 5.17 points lower at 936.01, after rising to the day's high of 943.39 in early trading. "Overall, the market looks short of
        410 words
      • Article
        New Zealand
        284 26 +35.40 The share market piled on 35 points yesterday, taking its lead from a stronger Australian market and a 51-point gain on Wall Street on Friday. The gains were strongest in leading shares and volumes were particularly good m Fletcher Challenge which is expected to report a NZ$6OO
        284 words
      • Article
        Bombay
        91 26 +92.72 Share prices closed higher on buying across a broad front on the first day of the account in 1 specified as well as cash shares, brokers said. The Bombay Stock Exchange (BSE) 30-share Index closed at a provisional 4,523.48, up 92.72 points from the previous close. The 100-share
        91 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        1249 26 London Aag 26 Ptmct Industrials A. A. Corp Adr 56 170 -J«0 Abbey National W* 47* 4 471 Allied Lyon* tW W Amcc 112 unctl Argyll 314 12 Asda Group 67 4/* 4 4/* BAT Ind 447 4 4/* Birr 407 -j BOC Group 747 4- 9 671I BK Petroleum
        1,249 words
      • Article
        Paris
        156 26 +12.53 A late-afternoon rally closed French shares higher, lifting them from the day's drift, following US debt markets and the dollar which welcomed US personal consumption data, traders said. But business was subdued due to the late summer bank holiday in London and the market was easily pushed up.
        156 words
      • Article
        Frankfurt
        169 26 +31.65 German share prices shot higher, building on narrow official session gains and Friday's post-bourse rally. The DAX Index of 30 leading shares closed floor trade 31.65 points or 1.46 per cent higher on the day at 2,193.19, with most of this gain a reflection of Friday's post-bourse wins.
        169 words
      • Article
        Brussels
        169 26 15.95 Belgian stocks closed at their highest level in three weeks after gains in US stocks made European shares look relatively cheap, analysts said. The Bel 20 Index rose 15.95 points, 1.1 per cent, to 1,479.79. It was the fifth day running the index has climbed and the biggest
        169 words
      • Article
        Milan
        190 26 +88 Italian stocks gained for the seventh time in eight days, lifted by strong markets elsewhere in Europe and expectations the government may take tough action to reduce the budget deficit. "The market's mood has calmed down and if we can confirm these increases we should see a strong
        190 words
      • Article
        Stockholm
        129 26 +0.45pc The Swedish bourse closed higher supported by lower debt market yields and a strong finish on budding foreign interest, brokers said. Heavyweights Astra and Volvo attracted strong interest ahead of their six-month results and brokers said both shares were hit by profit-taking during the day. Astra's A remained
        129 words
      • Article
        Amsterdam
        271 26 +3.77 Dutch stocks closed at their highest level in more than four months because of easing concern about inflation in Europe and the US. The dollar advanced against the guilder, yen and German mark, making stocks of export-oriented Dutch companies more attractive. After a few hours of consolidated gains
        271 words
      • Article
        Zurich
        272 26 +55.5 Swiss blue chips rose by more than two per cent in active trade. Dealers said even private investors started returning to the market as Wall Street's firm opening and a firm bond market supported sentiment. The rising dollar was also a positive factor. Dealers expected prices to rise
        272 words
      • Article
        Johannesburg
        340 26 •14 Gold and mining-related shares came under renewed selling pressure in thin trade yesterday, with the market undermined more by the drifting gold price and the London holiday rather than any new retreat by bearish investors, dealers said. Industrials were steadier, supported by a firmer Wall Street and some
        340 words
      • Article
        Toronto
        304 26 +4.30pc Stocks moved higher in moderate midday trade but gains were muted as the market grabbed a breather after last week's upward gallop. "We're resting after Friday's moves especially in areas like forest products and banks," one dealer said. "We're just sort of marching sideways, not going anywhere in
        304 words
      • Article
        New York
        697 26 18.45 Wall Street stocks remained in a bullish mood yesterday, adding to last week's spirited rally that lifted the Dow Jones Index to a five-month high, although profit-taking was starting to nibble at the market's gains. The Dow Jones Industrial Average was up 18.45 points at 3,899.50 at
        697 words
    • Article
      HONGKONG
      2652 27 Vol Aag 26 HKS High Lm ("WW) PE ASM Pacific 5.750 0100 5 750 5 700 100 160 AWT World Transport ....1.190 unch 1.190 1190 7 6 Acme Landis 0.9)0 unch 0.930 0 930 5.2 AWo Hldgs 2.150 unch 1150 2.100 62 10.5 Allied lad lull 0.550 -0 005
      2,652 words
    • Article
      Lock icon CHINA
      335 27 Reuter THE Shanghai A shares closed almost unchanged yesterday, but rampant speculation in Pudong counters sent Shanghai Outer Gaoqiao Free Trade Zone Development rocketing by 67.69 per cent, brokers said. The index edged up 3.19 points, or 0.44 per cent, to 728.53 points on turnover of 3.71 billion yuan.
      Reuter  -  335 words
    • Article, Illustration
      Lock icon TOKYO
      2510 27 Reuter TOKYO stocks closed with healthy gains after index buying was encouraged by the dollar's rebound and a surge in Wall Street on Friday, brokers said. They said public funds and dealers were the main buyers, with banks and corporations selling ahead of their September half- year end. "The
      Reuter; Source: Bridge Info  -  2,510 words
    • Article, Illustration
      Lock icon BANGKOK
      1764 27 AFP BANGKOK The Stock Exchange of Thailand (SET) Index rose 9.49 points, or 0.65 per cent, yesterday on positive performances from overseas markets to close at 1,460.24 points, brokers said. Trading was light, down from Friday, with 101.6 million shares worth 8.4 billion baht changing hands. Advances outnumbered declines
      AFP; Source: Bridge Info  -  1,764 words
    • Article, Illustration
      Lock icon JAKARTA
      1132 27 Reuter. JAKARTA Share prices finished mixed in quiet trading with holidays in Hongkong and London affecting the market, brokers said. "Overall the market has been mixed although cement stocks were well bid," one broker said. Another said trading was quiet because of the Hongkong and London holidays, where much
      Reuter.; Source: Bridge Info  -  1,132 words
    • Article
      CLOB INTERNATIONAL
      1913 28 MOST ACTIVE volume Mulpha Inll 50c 4. <02.001) \Ml)B 50i 4.180.000 Mull l I'uipif*" 3.623.000 Ind (K>gcii MK 3.547.000 Idns H\d MV 1.484.000 (ianda Hltlg> 3.43>.000 hMiwn U»W B Ka>a ISK"* 7 3.062.000 Kamunling MX '.021.000 Promcl 2.716.000 Magnum orp HV 2.2'W.tXtO Ind Oxvgcn W|95 2.184.000 F.U1 50c
      1,913 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks lower, bargain-hunters seek blue chips
        4811 28 Bernama KUALA LUMPUR Share prices finished lower on active retail-selling yesterday despite bargain-hunting on finance issues and blue chips which took a beating last week. The Emas Index of all Main Board shares edged up 0.32 point to 324.54 Irom last Friday's close while
        Bernama; Source: Bridge Info  -  4,811 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8250 29 MAW BOARD Trarnactiqp date: Aug 29 Cf Gr \l \Vt im Ijm Vol Da> L»sl Qwar l)i« Di» VM Net Ca* A»g High Low CMWM) Sale MM) Hi«h U« Bu>« Vlkr Or P F Smil Price INDUSTRIAL ANO COMMERCIAL 1440 835 *t sAcm 995 10 56 1000 990 995 1000
        8,250 words
      • Article, Illustration
        Lock icon Indices close higher but broader market weakens
        1857 30  -  By R Sivanithy SINGAPORE The major stock indices closed higher yesterday, but overall, dealers were disappointed with a day that suffered from an acute dose of inactivity as well as softness in the broader market. After the sharp correction of last week when
        Charts by Bridge Info; Source: Bloomberg  -  1,857 words
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      255 19 NEWS VALUE How today 's news might affect y<mr stocks Transmarco likely to announce takeover offer (pg I) If rumoured price is correct, takeover will be a breeze. DBS Land keen on buying stake in Manila Hotel (pg I) Even if DBS succeeds, impact limited as it would not be
      255 words
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      238 words
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      218 21 IS 1 b n i i I Judges and lawyers too. I I When members of the legal I I profession are not on their feet in I I the High Court, they're on a Henry. I Seated, comfortably. Each of these chairs has been carefully selected i I and
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      272 22 For the second year in succession, Standard Chartered Bank has been voted Best Bank in Asia in the Euromoney Awards for Excellence. The award reflects both the size and scale of our Asian activities, and the breadth and quality of our services in treasury, in custody, and in investment, corporate
      272 words
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      1116 23 SNNDIOIO BNSK HOLDING SW I Head Office: Turin, Italy. Sanpaolo Bank Singapore Branch: 20 Collycr Quay, #14-01/02, Tung Centre, Singapore 0104. Consolidated Balance Sheet Consolidated Statement of Income I As of December 31, 1993 As of December 31, 1993 I (in thousands of ECU) (in thousands of ECU) I 12/31/93
      1,116 words
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      132 25 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN BAHAMAS JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA Q DELAWARE MAURITIUS GIBRALTAR PANAMA HONG KONG U.K.
      132 words
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      35 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Make raw business contacts through classification 203 in The Straits Times f Classified, cjlts. |737-11*<
      35 words
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      84 words
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      69 27 The Hongkong market was closed yesterday for a holiday. FAST AND EFFECTIVE RELIEF FROM COLD AND FLU SYMPTOMS. ftU jm US SINCIIT MOKCTEO n I WM3f ff CHLWCN NOD New from the makers of Panadol. Panadol' Relieves aches, pains and fever. i.« jv~=rjrj^H Helps clear stuffiness unblock HAShmHMHmAhHI 1 Sterling
      69 words
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      Page 27 Advertisements Column 2
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      361 30 mooon (199*1*4) rum ft nuraoiT rot m manufacture of twnfim PtOOUCTS FOR THI DATA STORAGE INDUSTRY Orar IMO Lata bdA| "«wr lOOMghlLew Pew* MKROSCO«S by "Olympus", K*«f, W (5) Mil ftrfri HSMI4 OC Mr S«* IBISHAW MU Trwfcor System (2) WOUHS Mi lap<mg Mad** niinimiiyriTiii^iffiTiTtTmr)"v T— Tl i (3) AIL
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      154 30 M THE MATTER OF THE COMPANIES ACT (CHAPTER SO) ANO IN THE MATTER OF E-FATT HOUSING REALTY PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap SO thai the Final Meeting ot the abovenamed Company wfl
      154 words
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      289 30 la ike Meet of The Cowpnirr Ad. Cm 10 AadiadM Matter of GOODNESS DmVMSES (PRIVATE) LIMITED (la Meafcen' Votaaary Liqadaboa) At aa Eitraordiaary Oeaeial Meetiag of Ae Meaber* of Ooodaea Eatcrpriaea (Private) Limited dety coaveaed mi heM m No. M Lotoag 14 Oeylaag Road (MM) aa ttth Aagaat, 1994 the
      289 words
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      Page 30 Advertisements Column 4
      201 30 BUSINESS TIM E_S TOLL-FREE TEL. No. 1-600-741-1883 FAX 741-1296 la toe Matter af toe Act, Cap. M And la toe Matter af SINGAPORE SHANGHAI ENTERTUSES PTE LTD Notice is hereby given, pursuant lo Section 308 of toe Companies Act. Op. 50. that toe fiaal meeting of tke members of toe
      201 words
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      Page 30 Advertisements Column 5
      255 30 M THE MATTER OF THE COMPAMES ACT, CAP. SO AND M THE MATTER OF TAKANO ACCENT PARLOUR SMQAPORE PTE LTD (M MEMBERS'VOLUNTARY UQUDATION) NOTICE OF HNAL MEETMG NOTICE IS HEREBY GIVEN pursuant to Secton 308(1) ol the Companies Act Cap. SO that the Final Meeting ol Members ol toe Company
      255 words
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      Page 30 Advertisements Column 6
      270 30 TMECOMMMESACT.CAP.Si AMTANE SfTEMORS PTE LTD p ttaetf VOUMMT UQUDAIO4 At an Extraordnary General Meeting of ABITARE INTERIORS PTE LTD duly convened and held at 35 Jalan Haji AKas #01-26, Singapore 1026 on Monday, the 29th day of August 1994, the Mowing special resolutions set out below were duly passed:RESOLVED (I)That
      270 words
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      Page 30 Advertisements Column 7
      300 30 THE COMPARES ACT. CAP. SS TAN HOOM SIANQ Ca PTE LTD (m mbmbg- voujnww uauDnm At an Extraordinary General Meeting of TAN HOON BIANQ ft CO. PTE LTD dJy convened and held at 68 ChuU Steel #23-04. OCBC Centra. Singapore 0104 on TuMday. too 23rd day of Auguat 1994. the
      300 words
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  • Shipping Times
    • Article
      Ship suppliers association studying rating system
      357 31  -  By Alec Almazan SINGAPORE The Singapore Association of Ship Suppliers (SASS) is looking into the possibility of having a rating system for ship chandlers here. "The industry requires a self-policing system to improve the standards of service in the sector and the best method
      357 words
    • Article, Illustration
      MOL chairman joins board of Hai Sun Hup
      98 31 SINGAPORE Mitsui OSK Line chairman Susumu Temporin has joined the board of Hai Sun Hup following its annual general meeting. HSH secretary Crispin Cheng said on Friday: "Although MOL is a major shareholder of many international companies many of which are also
      98 words
    • Article
      Lock icon Sunken ship leaks oil off south-west Finland
      195 31 Reuter HELSINKI A cargo ship which sank nearly 50 years ago in the outer archipelago off Finland's south-west coast has started to leak oil, officials said yesterday. The Park Victory was leaking about three cubic metres of heavy fuel oil a day, chief
      Reuter  -  195 words
    • Article
      Lock icon Top Norwegian shipbrokers set to drop trading via Reuters' system
      649 31 KnightRidder LONDON From this week seven of Norway's leading shipbrokers plan to stop using their Reuters' systems for trading and return to contacting owners and charterers directly, according to Norwegian broker Fearnley Finans. Fearnley Finans lists PF Bassoe, Lorentzen Chartering,
      Knight- Ridder  -  649 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      816 31 Page Col Accord Group 8 1-3 Ahlers Lines 13 S Ahrenkiel Liner 4 1/2 •APL 5 3-5 •Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9
      816 words
    • Article, Illustration
      Lock icon LA port's new tug escort rules raise tanker owners' cost
      590 31 Knight-Ridder LOS ANGELES The cost of moving some oil tankers into and out of Los Angeles-Long Beach harbour has gone up because of new tug escort requirements, said the Journal of Commerce on Friday. The new regulations, which took effect
      Knight-Ridder  -  590 words
    • Article
      Daily Freights
      1599 32 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.456 on Friday from 1,473 on Aug 25. The market focussed on Panamax activity in the US Gulf, brokers said. MSK once again featured with the charterer covering business on the Japan run. The charterer fixed
      1,599 words
    • Article
      THE SHIPPING GUIDE
      13770 40 This is a list of ships loading at Singapore for ports around the I 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
      13,770 words
    • Article
      SHIPPING AGENTS
      3329 45 VV.BC Containerline NV: Bclsin Shpg Agencies Pte Ltd (SyManne Handling j&dn Bhd (PK/PN). "Xccord Group: Accord Shpg Ltd Accord Contr Line (PK/PN). Sldkris Business C orporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Jlhrenkiel liner Service: Kim Shpg tfrdg(S). Sea-Air Service: Frata Shpg Pte ltd (S). Alfred C
      3,329 words
    • Article
      COURIER SERVICES
      277 45 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air t\pnu 1 ravel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax. 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975 Cit)-Link International Tel: 344-3377. Fax: 345-6450 Cluster Link Supplies A
      277 words
    • Article
      AIR FORWARDERS
      1514 45 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Acti»air Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Now Express Tel: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74. *****50. Air
      1,514 words
    • Article
      PORT CONDITIONS
      3001 46 ALBANIA Dunes: Three vessels in port op erating of which 1 loading chrome ore, 1 discharging tiles on pellets, 1 steel coils; 3 vessels waiting in roads of which 1 to discharge wheat flour, 2 bagged cement. ALGERIA Algiers: For the last two weeks, three to four vessels
      3,001 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      622 46 SHIP SALES TANKER RATES AFP AS the month of August progresses we are seeing a continued slackening in the level of interest in general in the sale and purchase market and this is expected to be the case for the remainder of the month and into September r whilst many
      AFP  -  622 words
    • Article
      CRUISE & FERRY SCHEDULES
      219 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dtp Num of Vessel ETA ETD Ports of Calls Fort Agent Telephooe No AUGUST 30 30 Langkapun Star 1600 2030 Penang Jardinc Shipping 224-1052 Aquarius Agencies REGIONAL FERRIES Port of Call Name of Vessel Agent Telephone No Sckupang (Batam) Bahtera Express Indo Falcon Shipping
      219 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        621 47 immt Hi W» B«rth Anfrd Ptpartot VmsM Voy Wo Bf<h Arrival Departure jmu part Sn P\i|«t 15/94 P04 akxifsidt 30 08/0200 MuhbmM J4/5 atonside 30.08/0100 A«*clianttia 007 P01A 3008/0900 3008/2300 ASl 17/8 01/94 113 aloi*ade 3008/0/00 Bass Reefcf 24 S8 P04 2908/1930 3008/0530 Batan Uwi 08/05/94 12
        621 words
      • Article
        CONTAINER SCHEDULES
        1460 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Bookinf/BaUnce Rsits Ship Voy No Etb/Btr Period From To From Aa Swan 133A 31/1500 1A 29/1500 29/1659 29/1900 2B 29/1200 30/0659 30/0900 A 30/1200 30/1459 30/1700 H Mgharraq CO79* 30/1700 1A
        1,460 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        559 47 Cartoon Crtw k* l| Density Niter Resdut Mi MwMan S#dknent Dwly Win Mi Mta SitaiM ~%wu Exxon KG/NT3 V/V M/M M/M PPM method W/IT3 V/V M/M M/M PPM mettwd Eastern USA ISO Ave 983 0.3 14-3 0.09 10 0.02 BO/Ckrac lirib Spec E25 991 1.0 15
        559 words
      • Article
        COCKETT BUNKER MARKET REPORT
        775 47 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        775 words
    • Article, Illustration
      Lock icon Building on relationships
      1381 48 Recently elected chairman of Intertanko, Miles Kulukundis, president and chief executive officer of London Overseas Freighter, describes to Bill Box the philosophy behind his company's successful comeback Seatrade Review THE candid comment in June 1956 by London Overseas Freighter's (LOF) founder and chairman, Basil Mavroleon that "if
      Seatrade Review  -  1,381 words
    • Article
      TRANSPORT DIARY
      748 48 COURSES Title: Operations .Research/Management Science KOR/MS) in the Transportation Distribution Industries Duration: Aug 31 The Chartered Institute of Transport Tel: For further details contact '.CIT at 226-3433. Title: Certified Purchasing Program (SDF 50%) 'Duration: Sep S Jan 28 Organiser Singapore Institute of Materials Management Tel: For further details
      748 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon US Attorney probes claims of wrongdoing at Denver airport
        591 50 Bloomberg Business News DENVER The US Attorney's Office in Denver is investigating allegations of wrongdoing at Denver's often-delayed US$3.7 billion (555.5 billion) international airport. The airport is scheduled to open by Feb 28 after being held up since October because of
        Bloomberg Business News  -  591 words
      • Article, Illustration
        Lock icon Ultra-light, ultra-fast
        57 50 AFP SYDNEY Australian Michael Jan (right) keeps his ultra-light vehicle Glider Possum ahead of the pack during the Australian Mileage Marathon near Sydney on Sunday. Over 100 teams competed in the annual attempt to beat the world fuel economy record of 2,687 kml set by a French team
        AFP  -  57 words
      • Article
        Lock icon German car production forecast to rise 8pc
        358 50 Reuter FRANKFURT Germany's car production will rise by about 8 per cent this year as buoyant exports outweigh stagnant domestic demand, the country's car industry federation VDA said last week. The VDA said German motor vehicle production rose by 8 per cent to
        Reuter  -  358 words
      • Article
        Lock icon Commuter rail may link '96 Olympic sites
        128 50 AFP ATLANTA, Georgia Commuter rail routes linking distant venues to the main site of the 1996 Summer Olympics are in the planning stages, a transport consultant told government officials this weekend. E H Culpepper, chairman of a transport planning firm, said Olympic organisers
        AFP  -  128 words
      • Article
        Lock icon Japan's vehicle output expected to recover
        448 50 Reuter TOKYO Japan's vehicle production is likely to begin rising from year-earlier levels in September or October, turning the comer after a two-year slump, industry sources said on Friday. The sources, speaking after the Japan Automobile Manufacturers Association (Jama) released figures for production in
        Reuter  -  448 words
      • Article
        Lock icon Isuzu companies consider China move
        74 50 Reuter TOKYO Auto parts companies affiliated with Isuzu Motors Ltd are considering setting up manufacturing bases in China to supply the truck maker's plants there, the Nihon Keizai Shimbun reported on Sunday. A delegation of representatives from 48 parts companies in the Isuzu group including
        Reuter  -  74 words
      • Article
        Lock icon Jubail port's hydrocracker unit restarts
        76 50 Reuter DUBAI The hydrocracker unit at the joint Saudi Aramco/Shell refinery at Saudi Arabia's Jubail port is being restarted after a two-week shutdown caused by a technical fault. A company official said on Sunday: "We are starting (the unit) up now. We'll be in business
        Reuter  -  76 words
      • Article
        Lock icon Cargo offloaded from bulker
        102 50 Knight-Ridder LONDON About 6,500 tonnes of steel and machinery is being offloaded from the bulk carrier Dragomiresti which had a fire while berthed at pier No. 3 in Busan on Aug 24, according to Lloyd's Intelligence. The charterers of the vessel, Dongnama Shipping Co, of Seoul,
        Knight-Ridder  -  102 words
      • Article
        Lock icon TWA may liquidate: machinists
        111 50 Bloomberg Business News KANSAS CITY, Missouri A document distributed among Trans World Airlines Inc's Machinists union members said the airline could go out of business by Nov 1 if a new Machinists' contract and similar agreements aren't approved, the Kansas City Star said on Friday. The
        Bloomberg Business News  -  111 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1394 50 oty ro >w< nt_ Ato MuM GA892 0255 GA882 1940 fcMaMa QF81 1925 QF82 2055 S0228 2120 i. ftillll II dm KL837 1450 KL844 0035 GA893 1510 GA892 0255 KL838 2300 SQ26 2355 Ujmn SQ34B 2250 toddwd NZ73 1550 SQ288 2045 SQ286 2040 NZ74 2340 BalwiB
        1,394 words
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      15 31 (WESTFAUA\ SEPARATORJ Always on Course FOR SERVICE AND SPARE PARTS SUPPLY, PLEASE CALL ?O§OOOOO gQOQQOOO
      15 words
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      Page 31 Advertisements Column 2
      27 31 Line* and services represented by Members ot the Registry ol Accredtted s h@MM Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Sttppng Times. Tel 740-2089/740-2090
      27 words
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      Page 31 Advertisements Column 3
      160 31 r M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALL: *****00 The man behind London Overseas Freighter's successful comeback, Page 18 US Attorney probes claims of wrongdoing at Denver airport, Back Page MITSUI O.S.K. AND NEDLLOYD OFFERING 4 SAILINGS PER MONTH IN EAST COAST SOUTH AMERICA TRADE To upgrade
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      1799 32 mmmr«=, 1 IMPORT.... mm! WOMHOT WTffi ITOM MPMMP MOMTCMB) WD M IMP SWWB MEM fBMM PMMMOM KSSti WT NO iOS UCtUS _ouuve iMXmtM BATTU STOK auvmmm n m Hi J! "J- "J "J I fl c*f mm wm. *74 73 u im im mj iSwT 371 7- It 24.9 211
      1,799 words
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      Page 33 Advertisements Column 1
      1485 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES PEULWQ JISTTS 0?75<W776 FAX' 03-*****42 CFS: 03-*****42 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 PILING JAVA TEL. 03 *****76 FAX. CR NUMBER: **********0 C IPOH TEL *****3/4 FAX: *****6 t DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) QUDANG TEL *****12 FAX: *****14 (OPNS) t
      1,485 words
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      Page 33 Advertisements Column 2
      1430 33 ■HBBSBaSEa YOUR GLOBAL CONNECTION VMM Voy ETA ETD Faadarw) by SL~- M Convwy DESTINATIONS ETA IT* ETA Mm «Mt MAPtT maersk v»Me JOH LPK PEN SFO MEM ATL HA CHS Ml W. NVC TOW MAMT UAFRSK 9406 k)6/*****/09 06/09 03/09 02/09 24/09 26/09 25/09 24/09 30/09 04/10 06/10 07/10 10/10
      1,430 words
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      1449 34 ~I r AQABA R OAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H'BURG A WERP HAVRE vVEgJ MALAYSIA LA SEINE ***** 31/8 17/9 20/9 '8/9 Port Kelang. Penang HOECHST EXPRESS 16/334 3/9 12/9 19/9 21/9 24/9 26/9 28/9 Pas* Gudang KAGA 37/135 7/9 2A/9 27/9
      1,449 words
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      Page 34 Advertisements Column 2
      585 34 CSZZ&9 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi, Islamqala'(Doqharun) j C.1.5./RUSSIA: Voßlochny, Vladivostok, Moscow, Baku, Taadktnt, Irkutsk, Alma Ala, AshgatMd, Dushinbs, Ki«* N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE VESSEL SIN DKR Ned Hong Kong V.2304 06/9 09/10 Ned Africa V.2314 13/9 13/10 Bunga Pelangi V.2324
      585 words
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      Page 34 Advertisements Column 3
      1304 34 NORASIA I I NORASIA SHARIAH 9434-3 02/09 24/09 25/09 27/09 28/09 29/09 30/09 01/10 82/10 07/10 I NORASIA MEL 9435-3 05/09 28/09 29/09 28/09 27/09 24/09 25/09 28/09 21/09 I NORASIA MUBARAK 9435 3 09/09 30/09 04/10 09/10 08/10 09/10 08/10 07/10 05/10 lft/10 I NORASIA AL MANSOORAH 9438-3 14/09
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      1159 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 g p& flfr UNt CJL NACA M-30 Mil Mwra. Lab. Ml 29-30 taf 31 A* 01 Sep FCU LCL CONTAMDI AND WmHW» «WVIC« TO PAPUA WW OUMCA I ,v STRAITS pan Vl7l Mara, lib
      1,159 words
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      Page 35 Advertisements Column 2
      2434 35 PAO r^A|ltjl| P4O Containers (Singapore Agencies) Pte Lid JL V#VIH»WAAAVA U 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 First Class Connections WORLDWIDE U^^ Ms64 PNOCSP *F" 225 5327 222 m »j ISS 33 SS» I* 0 ZU ZS. SK. SS2~.« SwSS.*!" SS. S& SJ, f 33, |jj£ gS
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      722 36 »8 V f ll r GENERAL AGENT CR NO *****81-***** ifK EKA JAYA AGENCIES >al|r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE I HQ cm MTtl CfTT I rAQM iHAHPftWW/PWKCT I MLOTNCHAN I 2HMtt |M6J7a/HM2« j I MAMOJ 1 »HO«M MM722 1 I w..A M I M
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      Page 36 Advertisements Column 2
      1058 36 HANJIN SHIPPING I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 I SALES TEL:- *****30-233 I [uJ4In\oNGB(*CH 049 C OKO* 72/9 24/9 25/9 049E 034€ 06/10 07/10 M/ 10 EEi I s iio usa tssn? Ssr U/1S SI! S5!l! SUSJS M/118/j!gSI HANJIN SINGAPORE 015£ 7/10 WRECT 27/10 2S/10 30/10 HANJW SIN6AMRE 015£
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      Page 36 Advertisements Column 3
      1218 36 -A -Irl ■1J 3^l^ K1 l» IU H( W «1 09 Kl H ITO IU CM H WC LHV MM MM I» IK PSO CM PIL J I GROWTH urn 29/0 31 I 4 1 7/1 1/1 12/1 11/1 14/1 15/1 14/1 17/1 21/1 11/11 12/10 13/11 22/10 23/10 24/10
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      1543 37 Iff II SCX: 'CALIFORNIA JUPITER 75E' eta sgp 31/08/94 H B II ARRIVING LOS ANGELES IN 16 DAYS HI II wlvOnr II AEX:'OCEANIIS OSAKA 35E'ETA SGP 02/09/94 HI W j/r II ARRIVING NEW YORK IN 23 DATS Mi pi^^^^^SSSSSSSSSSS^SS^SISISSI^SSSU^^^B ere pgr woe mw vo* >r* "J rg* *g*_ 1 TAI
      1,543 words
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      Page 37 Advertisements Column 2
      849 37 A MULTILINE SHIPPING PTE LTD W (> member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 Tsr===X 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:
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      Page 38 Advertisements Column 1
      1455 38 AS AGENTS: "K" UNI (SINGAPORE) PTE LTO (C® NO: **********0M/GST IffG NO: M 2 *****W-6) T TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W W TWT *3* MALAYSIA: "K" LINE MAJUTIME (MALAYSIA) SON BHO Mm J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 A INDONESIA: P.T.
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      Page 38 Advertisements Column 2
      1279 38 ©APPENSHIP (2\ HAMBURG WW f CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE 10ADMG FOR SUNBEAM I ANTW 03/8 SPORE 05/9 c annwtin pmncess ventspils os/oe ham ob/os antw u/oa p guoang 13/09 spore 16/09 GOSPK RIGA 16/08 KLAIPEDA 24/08 HAM
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      926 39 fassass PACIFIC INTERNATIONAL LINES (PTE) LTD J I *1 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I "*I SSSlff CRNO: **********0E I I I r r uc««ci vov SIN CMS JIB HOO JED AQJ AOE PZU ASA MBW SI 111 2 |lf KOTA BERAM BRNO7S 1/9 5/9 12/9 14/9
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      Page 39 Advertisements Column 2
      884 39 WW f jm I it mm hanbupg ihomes »otiem>am antww MIU H lITMU 105* 01/09 ?i/0* ?3/M M^w n/9i 27/09 WILE OC TUCMM UOSW 04/01 20/09 M/W M/H 02/10 04/10 till Of IMA LOSW 13/09 <»/"> M/ 1° w/1 11/10 rn.lt 01 CMMA COSW 12/10 13/10 15/10 lt/10 10 •ALSO
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      Page 39 Advertisements Column 3
      524 39 BSA MYANMA FIVE STAR LINE (Myanmar National Line) Loadinf for Yangon (Rangoon) Spore P.KIf Pen P.Gdj AGAMG V36W IN PORT PA-AN V2MN 02/04 S«p 04/00 S«p ITOMAYWA VIS3R 02/04 S«p 05/00 Up MALAYSIA AGENTS BOUSTIAO SHPPWG AGENCKS KUE: TIL 03 *****00 PRL TEL 03-*****07 PER TEL 04-*****% PCD TEL 07-*****1/4
      524 words
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      1946 42 r Singapore's General Agents: ><w 6°S S hl!t R on S lliy P Jl'7 G 08 TE LT fISK# *****66 Container: '*****41/844 Container Src B/L *****02 Operation Container *****15 Tate ***** COSHIP Conventional: *****50 0/0: *****85 Conventional: *****46 Ss£SJiff S^Vi'cli" 0 0 MS-*"** 57 SftKiw' 5750 GST NO: M 2
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      Page 42 Advertisements Column 2
      1375 42 FOR BOOKING 1800-*****00 i(TOLL-FREE! MO TAI net KOB _!5! s£_ wan m 221/NOO7 27/oi H/oT jo/m oioi/w 04/09 05/09 07/09 08/09 WAN WU 713/NOl3 30/08 3108 "oToroT 05/09 06/09 08/09 09 09 T/S va MO 12/09 IVW 16 W WAN HAI 202 NO/1 02/09 oT« OVO9 06 06 09 10
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      693 43 FAMOUS CONTAINER LINES i 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 05/9 ROTTERDAM 05/9 MRHUS/COPENHAGEN 05/9 HAMBURG/BREMEN 05/9 MARSEILLE/FRANCE 3078 FELIXSTOWE/UK 05/9 BARCELONA/SPAIN 05/9 LEHAVRE/FRANCE 30/9 GENOA/ITALY 05/9 ANTWERP/BELGIUM 05/9 LOS ANGELES/WC/IPI 03/9 SYDNEY/MELBOURNE 30/8 NEW YORK/EC 03/9 FREMANTLE/ADELAIDE 02/9 VANCOUVER 0279 BRISBANE
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      Page 43 Advertisements Column 2
      945 43 B a VESSEL VOY MN JKT ntMtl. ~VOY~ SIN PEN WANABHUM 243S Tw In PI 81 3/» jg IWTWA BHUM 02N/S Thu 1/8 M «|l VESSEL I VOY 1 K '1 1 BHUM El» Tu 9 DCJABHUM 4841 Fri 2/8 81 V 8 Bj] YANTRA BHUM 48N Tin In PI
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      Page 43 Advertisements Column 3
      202 43 Qmmrmn«—d SaUlmgt to:|BAIWOK/IMM CHABAWG LAOS 3/9 (SAT), t/9 (HI) WW KELAMC/ftUme 1/S (THU). 2/9 (FW) mmnm 2/9 (fw), t/» <tue> IMUWTA 3/9 (MT) MWJt/CaU/SUBC MY t/9 (TIE) HOCHI I—l 2/9 (FW) SUBABAT* 4/9 (SUM) BUSAN 4/9 (SUM) 1 pi PONGNAMA LINE] vcsscl scr n a* n« mc m loaaK aorr
      202 words
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      Page 43 Advertisements Column 4
      553 43 FVj TEL: *****33 (12 Line*) I K FAX: *****15/*****03 I Ml TELEX: R8 ***** RISHIP (3 Line*) '.I a=/ CR NOj **********0E I Vmml Voy IT* |Lo«*ng Fw T| «nw J Abbay Worn 41WB 20/10 Mombasa. Djibouti 1 Asaa& M&suwt Abuoy Wow 4?WB 25/11 |nJIXYCONTAINEE«H) RBQULAB LINEB BEE VICE I
      553 words
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      1406 44 idliii wtfj 4M43& IT pSKSffliffaßW MKAOT* OTWWIO7 jK%AVA:SI)»I«O HKG/TWN/BKKI GEWOft/EUROPE Ij PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 28/8 29/8 30/8 HK6/BKK/KEE/KHH Genoa/Barcetona/Marseies 2/9 3/9 4/9 I 29/8 30/8 31/8 HKG/BKK/KEE/KHH G'buri/C'hafw/S'hofcn/Oslo 28/8 29/8 30/8 I 30/8 31/8 1/9 13 g I sSSsi/PusAN JPW/KOREA/MAWILA I PORT KELANG/PENANG/P. GUDANQ Mania/Cebo
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      Page 44 Advertisements Column 2
      191 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ui HI n* sron ran krmk hnme BIUI JMX mi lot Mile RMN HUDHU 30/8 lotting Hx Dub* DdMI 12/S V» iMdwc Fo» M* noMU junkie 1/9 Load Mii Fw M* IHGDH 26 8 LoaAng Fw kUtr mats inn %n s/» lo*kn«
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      Page 44 Advertisements Column 3
      876 44 f JQL THONG SOON UNES PTE LTD I I //\y\ 78 SHENTON NAY #10-01, SM6APORE 0207 I I vy TEL: 227-5088 FAX: 227-6011 I I N 3r TLX: RS ***** CARRER, RS ***** JEHHOL CABLE: TOSOCO I 4 r-mmm mmwm txtmmmr J SINGA EXPRESS SINGAPORE TO SARAWAK SINGAPORE TO THAILAND
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      Page 46 Advertisements Column 1
      33 46 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Business Times The Natural Salesman sells effectively in the right media and the right company. Classified the people finder.
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      Page 48 Advertisements Column 1
      407 48 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANG/SINGAPORE VESSEL VQY I SW PKI VESSEL VOY SW PEW MCC CONVEYOR 9439 31/3/94 (WED) 02/9/94 (FW) MCC CONVEYOR 9439 31/1/94 (WED) 02/9/94 (FW) VIGOUR SW6APORE *****N 02/9/94 (FW) 04/9/94 (SMI) XOUR JAYA
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  • Page 48 Miscellaneous
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      Page 48 Miscellaneous Column 1
      684 48 TODAY'S TIDES (haflt 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 2300 JR 1.0 1.2 1.5 1.7 1.1 l.» 1.7 1.4 1.2 U 1.1 12 1.3 1.8 1.9 2.2 2.3 2.4 22
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      Page 49 Advertisements Column 1
      948 49 ▲.HYUNDAI I MERCHANT MARINE CO. LTD. m 1 pgr 1 rasas voy aw rtm mi* leh* ham I m Fa I j 31/01 02/09 03/09 SI FREEDOM 312* 05/09 23/09 25/09 26/09 25/09 25/09 27/09 07/09 09/09 10/09 H. COMMNDER 311* 12/09 30/09 02/10 03/10 02/10 02/10 06/10 14/09 u/w
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      Page 49 Advertisements Column 2
      547 49 STRAITS/JAPAN/ STRAITS SERVICE I P SPECIALIST IN RO-RO HEAVY LIFTS lib INBOUND VESSELS I P VESSEL WV SP PI KUC U MIA IT I TAMUNC QMS 3S HPT I ORANGE SHY 2i i/9 4/3-1/9 I OltANtt MOON H 10/» H/» (*W W (BM) I I OMENT UJ I IZ/1 14/1
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      Page 49 Advertisements Column 3
      988 49 K. > 1 ftSSQ IWW ISW ETA/0 LAX OAK CH PAL lEM/COL HOU NTC NOR ALLIGATOR VICTORY 55A 01/09 18/09 20/09 21/09 22/09 22/09 23/09 23/09 24/09 MACKHAC BUDGE 79A 01/09 25/09 27/09 2R/09 29/09 29/09 30/09 30/09 01/10 ALLIGATOR TRUTH 57A 15/09 02/10 04/10 05/10 06/10 Of/10 07/10 07/10
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      101 50 I ANALYSIS 1 Tomorrow in Business Times M.V. "AJSHA" VOY.I Arrived 23rd Aupiat 1994 Condgneo of all damaged cargoea ex the captioned v Baa at are hereby notified that a general wrvey will be held on the 31it August 1994 0900-1200 houn at FT4. No further survey will be entertained
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      Page 50 Advertisements Column 2
      106 50 Fanalysis I Tomorrow in Business Times f NOTICE TO SHIPPERS FROM SINGAPORE TO WEST AFRICA TERMINAL HANDLING CHARGE (THC> AT SINGAPORE As a result of increased cargo handling costs, and in line with decisions taken in other trade lanes, the following lines will be increasing the Terminal Handling Charge (THC)
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