The Business Times, 31 August 1994

Microfilm: NL19570
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 SINGAPORE BusinessTimes WE KNOW ASIA MITA(P) 010/12/93 Wednesday August 31 1994 75"
    12 words
  • 2am LATEST
    • Article
      Lock icon Cypress Semicon opens office in S'pore
      46 1 Bloomberg Business News SAN JOSE, California Cypress Semiconductor Corp will open a sales office in Singapore to support the company's increasing sales in the region. A field applications engineering support base will be added to the office, it said yesterday.
      Bloomberg Business News  -  46 words
    • Article
      Lock icon Hungarian police seize Russian uranium
      42 1 Reuter BUDAPEST Hungarian police yesterday seized two kg of radioactive material believed to be uranium fuel rods from Russia and arrested two Hungarians trying to sell them, for US$4O,OOO per kg, the official MTI news agency said.
      Reuter  -  42 words
  • Article
    MARKET SUMMARY
    161 1 Stock market indices Tuesday Change STII 2.299.51 -6.29 KLSEComp 1.130.01 +9.64 Nikkei 20.592.12 -8.30 Hang Seng 9.686.56 +287.48 SET Index 1.492.53 +32.29 Jakarta Conip 509.26 +1.50 CLSA China B ...1.155.34 +9.87 Aust All Ord 2.116.5 +4.7 FrSE 100 3.249.6 -15.5 Tuesday Previous 2pm close Dow Jones 3.901.12 3.898.85
    161 words
  • Article
    S'pore hotel occupancy rates surge to near full capacity
    649 1  -  By A J Leow SINGAPORE Occupancy rates at local hotels have surged over the past two months, due in part to a temporary drop in rooms available. Many hotels, including five-star establishments in Orchard Road, have been at near capacity for
    649 words
  • Article
    JC-MPH gains control of Players with purchase of 7.96m more shares
    462 1  -  By Joyce Quek SINGAPORE Jack ChiaMPH has succeeded in gaining control of Australian confectioner Players Group Ltd. The diversified group announced yesterday that it now controlled 57.95 per cent of Players' stock. JC-MPH achieved this by adding to its
    462 words
  • Article, Illustration
    Wall Street analysts turn bullish as rate fears abate
    486 1 NEW YORK Alan Greenspan is not going to be mean to investors anymore. Or so much of Wall Street now believes. And if that belief persists, and if confidence grows that the economy and corporate profits will not sufTer greatly at
    486 words
  • Article
    Lock icon Dow up 2 points
    94 1 NYT Reuter Yesterday morning, blue-chip stocks drifted slightly lower as the market paused after a five-session string of gains. "It seems like the market is taking a breather," said Charlie Crane, director of research at Spears Benzak Salomon Farrell. At Ipm EDT, in the broader market,
    NYT; Reuter  -  94 words
  • Article, Illustration
    Wing Tai gets Rothmans site for record $641 per sq ft
    504 1  -  Price is new high for condo land in Bukit Timah area By Ven Sreenivasan SINGAPORE Propertybased Wing Tai Holdings has clinched the Rothmans Industries factory site on Bukit Timah Road with a tender that has set a record price
    504 words
  • Article, Illustration
    Lock icon S'pore bourse bucks region's uptrend
    164 1 SINGAPORE All the region's stock markets except for Singapore turned in decent gains yesterday, led by a 3.1 per cent jump in Hongkong. Hongkong investors welcomed the strengthening of the Dow Jones Industrials Index by sending the Hang Seng Index up 287.48 points to 9,686.56.
    Source: Bridge Info  -  164 words
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      217 1 <£L gisbM K 'a: (i mod (i per o CONTENTS £!w?News 2 18.19 Regional News 3.4,6 Financial 21,22 Work) News 7.8 Futures Wjrlnti Analyse 15 Oob/W-St. SES 2fr2B Editorial 14 Regwnai 24 Sports 9 World .25 TV/litestyte 13 Currencies 22 Reg Analyse 10.11 Sanei/Commo 22.23 Subscription let 1800-*****77 Fax *****/5
      217 words
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      17 1 Regional Analysis: Pg 10 The Empire strikes back Lockheed in*USslob merger deal with Martin Marietta, Pg 20
      17 words
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      10 1 Hock Lock Siew: Pg l7 Reason for DBS' prima mqvq
      10 words
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      17 1 Line: Pg 16 of peace in Northern Ireland Barton Biggs sees rally in stocks soon, Page 20
      17 words
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      123 1 —BJ— JfflMS Editorial: Property price*: breather at last? Pg 14 Full reports, Pgs 24-28 OMO. Years' Expertise 5 1 mmm Wofk For YoM TRADE IN YOUR COPIER FOR UP TO tf 200 For enquiries call Jenny at ftfli t I EL. I 77VW Singapore s office SCLMX SINCAfOffI PTE LTD
      123 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Home, vehicle loans propel growth
        309 2  -  By Shiv Taneja OVERALL loans by finance companies grew 26.9 per cent year-on-year in June to $13.2 billion, with loans for housing sector and vehicles the main drivers of growth. Vehicle loans grew 49.2 per cent, year-on-year, to $4.2 billion, while housing loans rose 33.9
        Source: MAS  -  309 words
    • Article
      NZ buyers snap up property before launch of exhibition
      261 2 AN EXHIBITION here of a luxury apartment development in Auckland, New Zealand, this weekend has had to be cancelled because the project has already sold out. All 164 units in Quay West Auckland, near the city's waterfront, have been snapped up
      261 words
    • Article, Illustration
      Lock icon Develop role of matching West capital, East markets: Chee Wee
      391 2  -  By Ven Sreenivasan SINGAPORE'S future prosperity will depend increasingly on its ability to play the role of "knowledge arbitrageur" in matching Western capital with Eastern markets. Other advantages on which Singapore can leverage its growth are its excellent public administration
      Source: Dept of Statistics  -  391 words
    • Article, Illustration
      Lim Kim San steps down as PSA chairman after 15 years
      174 2 LIM KIM SAN, chairman of the Port of Singapore Authority (PSA) for the past 15 years, steps down today. He will be succeeded by former defence minister Yeo Ning Hong, who was also communications minister from 1983 to 1991,
      174 words
    • Article
      Information technology helps RCB to cope with workload
      119 2 THE REGISTRY of Companies and Businesses (RCB) is a good example of an organisation which has successfully coped with a bigger workload despite limited workforce growth. Defence and Labour Minister Lee Boon Yang, who is also chairman of the political advisory committee
      119 words
    • Article
      HDB may also say 'no' to unwed fathers
      268 2  -  By Abdul Hadhi THE GOVERNMENT may consider banning unwed fathers from buying flats directly from the Housing and Development Board (HDB). In a television interview with the Singapore Broadcasting Corp yesterday. Acting Minister for National Development Lim Hng Kiang said: "We will
      268 words
    • Article
      Blue-chip China firm sets up here
      180 2 ONE of China's blue-chip companies, Shenzhen Gintian Industry Co Ltd, has set up a subsidiary in Singapore to undertake trading and tap local expertise in public housing. Developing housing in China modelled after the Housing and Development Board flats here would be done through
      180 words
    • Article
      Mandarin drive takes aim at business people
      114 2 ENGLISH-educated Chinese Singaporeans, especially those in business, will be the target of this year's Speak Mandarin Campaign. To be launched on Sept 6, the campaign's theme this year is "Mandarin: Use it or lose it". Announcing the campaign, campaign committee chairman Ho Kwon
      114 words
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      114 2 @!+-{+"&<(+/|@~.>;&$>+}+-{+~"|\ Titan Automatic I r j": re; anci A. Porsche V. ti.n <rj byIWC Schciffhousen .emert Case in v:n >• with 8 ct. gold ■;r .re ''jICJSS. Screw-in ■r- .v A te-'s* ml f o 60 m PORSCHE DESIGN by IWC i PORSCHE DESIGN OUTLETS: '.V V' (> p v
      114 words
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      189 2 Feast That's Out Of This World, HmHSL Need Not Cost The Earth. FOUR-VARIETY COLD DISH COLD DISH DELUXE LOBSTER COLD DISH Bjf BRAISED SHARK'S FIN WITH BRAISED SHARK'S FIN BRAISED SUPERIOR SHARK'S FIN CRAB MEAT ROAST SUCKLING PIG ROAST SUCKLING PIG BMK ROAST CHICKEN STEAMED GAROUPA STEAMED POMFRET STEAMED RED
      189 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Samsung plans US$100m wafer plant in Malaysia
      414 3 Bernama PETALING JAYA Samsung Electronics Co Ltd is proposing to set up a US$lOO million (S$ 149 million) semiconductor wafer plant in Malaysia next year, its branch general manager Ko You Chan said here yesterday. He said a 50-member task force from South
      Bernama  -  414 words
    • Article, Illustration
      Lock icon Seoul, Hanoi agree to strengthen economic ties
      320 3 AP HANOI The prime ministers of Vietnam and South Korea yesterday agreed to strengthen their economic ties and arrange new forms of educational and cultural exchange. South Korean Prime Minister Lee Young Duk and his Vietnamese counterpart, Vo Van Kiet, met for two
      AP; AFP  -  320 words
    • Article
      Lock icon Apec as free trade area only benefits rich states: analysts
      335 3 Bernama JAKARTA Plans to turn the Asia Pacific Economic Cooperation (Apec) forum into a free trade area would only ben- efit the developed countries, according to several Indonesian economists. The move also would not have much impact on the inflow
      Bernama  -  335 words
    • NOTEBOOK
      • Article
        S'pore leaders' best wishes for M'sia
        51 3 SINGAPORE President Ong Teng Cheong, Prime Minister. Goh Chok Tong and Foreign Minister SJayakumar yesterday, extended their best wishes to Malaysia, which celebrates Malaysia. Day today. In separate messages to their counterparts, the Singa-I pore leaders all expressed confidence that close bilateral relations! would
        51 words
      • Article
        Lock icon Mandela to visit Indonesia
        69 3 Reuter JAKARTA South African President Nelson Mandela will; make a private visit to Indonesia on Friday and Saturday, For-; eign Ministry sources said here yesterday. The sources said Mr; Mandela will meet Foreign Minister Ali Alatas and possibly; President Suharto, who cancelled a visit to Cairo
        Reuter  -  69 words
      • Article
        Lock icon Warning to 41 forest concessionaires
        68 3 AFP JAKARTA Indonesian authorities have threatened to revoke; the forestry concessions of 41 companies for failing to provide; jobs for the local population and transmigrants, Antara news; agency said yesterday. "If the concessionaires have still not real-; ised their obligation in two consecutive years since
        AFP  -  68 words
      • Article
        Lock icon Chakrapong expelled from party
        74 3 AFP PHNOM PENH Prince Norodom Chakrapong, implicated in; a failed coup attempt in July, has been thrown out of the; Cambodian People's Party, in power in Phnom Penh, according; to party sources yesterday. The prince and two of his alleged; accomplices. Sin Song and Sin Sen,
        AFP  -  74 words
      • Article
        Lock icon Coal mine blast kills 79
        66 3 AP MANILA An explosion in a coal mine owned by the state-run; Philippine National Oil Co killed at least 79 workers in thej country's worst mine disaster, a provincial governor said yester-; day. The methane gas explosion took place on Monday in the* mine near
        AP  -  66 words
    • Article
      Lock icon M'sian firm planning takeover of KLSE company
      336 3 NST LONDON Norazu Bhd, an investment holding company, plans to take over a manufac-turing-based company listed on the main board of the Kuala Lumpur Stock Exchange. Chairman Zulkifli Amin Mamat, who is also the founder of the company, said Norazu is to spend
      NST  -  336 words
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      40 3 A Bent ley u> the worlds niodt luxurious performance car. At 551.20 million, it Li abo the most exclusive. I SwmC p- l Malayan Motors the world s finest sporting car 45 lervQ Kee Road Singapore 0315 let 473 7755
      40 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Taiwan acts to ensure Gatt membership by year-end
      512 4 Reuter TAIPEI Taiwan has made major concessions in its bid for en#ry to Gatt, and it plans more to ensure the world's I 3th largest trading country becomes a member by the end of the year, the island's top trade official said.
      Reuter  -  512 words
    • CHINAWATCH
      • Article
        Lock icon 10 Chinese state firms go bankrupt
        72 4 Reuter BEIJING Liaoning province, in north-east China, will announce the bankruptcy of 10 large and medium-size state-owned firms, Xinhua news agency said yesterday. The firms have a total of more than 19,000 workers, assets of 527 million yuan (5591.7 million) and debts of 841
        Reuter  -  72 words
      • Article
        Lock icon Slim hope for swift deal on HK airport
        104 4 Reuter HONGKONG China and Britain may meet this week on financing Hongkong's new airport, but the goodwill of several weeks ago has largely evaporated and the chances of a swift agreement look slim. A Hongkong government spokesman said yesterday that experts from
        Reuter  -  104 words
      • Article
        Lock icon Taiwan buys 160 US tanks
        70 4 Reuter TAIPEI Taiwan has bought 160 M6OA3 tanks from the United States for US$9l million and will take delivery of the first 20 early next year, officials said yesterday. The purchase of the tanks, which are more than 10 years old, was suspended earlier this
        Reuter  -  70 words
    • Article
      Lock icon Beijing punishes pirate who copied Sega games
      247 4 FT TOKYO Chinese authorities have ordered an electronics company in the country's south to stop making video games machines with programs identical to those marketed by Sega Enterprises of Japan. The victory for Sonic the Hedgehog and other Sega characters represents what is
      FT  -  247 words
    • Article, Illustration
      Lock icon Disappearing harbour
      55 4 Eastern Express HONGKONG The harbour in front of Exchange Square and Jardine House being filled in to create land for four new piers for ferry services to the outlying islands as well as for shops, apartments and offices. The first three piers should be ready by the middle
      Eastern Express  -  55 words
    • Article
      Lock icon Taipei approves 64 more investment projects in China worth US$134m
      365 4 AFP TAIPEI Taiwan has approved a further 64 investment projects in China by Taiwanese enterprises. The projects, worth a total of USSI34 million (*****.6 million), are in sectors such as shipping, plastics and glass, economic officials said here yesterday. The
      AFP  -  365 words
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      155 4 Photo I.D. Wallet, No. 4692 x 3V«", 5175 Metropolitan Brief Bag, No. 5180 Slimfold I.D. Wallet, No. 4691 Court Bag. No 9870 Envelope Folio 5277 16" x 11" x 3", $645 Closed: 4" x 3'/u". $115 9 J A" x 7'/i" x 3>A". $425 15%* x lO'A", $545 Cabin Bag
      155 words
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      315 5 > fvtnz.« -fcikPWV /HS^KHf^, ;4 &hK^Kl^|^B^H i *VTBT.'-1 --r-rBU^ A r *t23< yTt^ib* rtv I 1 flfcii \ii I 81. i x w rr? 158 I SSLdr i BKv/ L 'w v* KL\ Midml ITSg I Vl .vjr fy >4 ,ii DPitw^Nt 1 -*w. S fX^ <•* > Jtw 1
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  • REST OF ASIA
    • Article
      Lock icon NZ left-wing leader dispels fears of market meltdown if party forms govt
      540 6 Reuter WELLINGTON New Zealand financial markets have been spooked by the spectre of a left-wing Alliance government, but leader Jim Anderton sees no cause for a meltdown. Mr Anderton, the country's most popular politician, leads a party with
      Reuter  -  540 words
    • Article
      Lock icon Japan's unemployment rate hits seven-year high in July
      390 6 Reuter TOKYO Japan's unemployment rate rose to its highest level in seven years last month, showing that the labour market is still haunted by the nation's worst post-War recession and unlikely to recover in the near future. The government's Management and Coordination
      Reuter  -  390 words
    • Article
      Lock icon Aussie growth seen to have slowed in second quarter
      442 6 Reuter SYDNEY Australia's swift economic growth over the first quarter of 1994 is expected to have slowed in the three months to June as government spending and consumer demand trailed off. analysts said yesterday. But low inflation, high consumer confidence, solid
      Reuter  -  442 words
    • Article, Illustration
      Lock icon Cooking gas explosion destroys building
      43 6 AFP SEOUL*-- A four-storey commercial building in the northern Tobong district lying in a pile of rubble after an early morning explosion toppled it yesterday. The explosion, caused by leaking cooking gas, left six people seriously injured. AFP
      AFP  -  43 words
    • Article
      Lock icon Aussie foreign debt may stabilise, says Treasurer
      287 6 Reuter CANBERRA Australian Treasurer Ralph Willis said foreign debt may well stabilise at current levels so long as the corporate sector continued to rely more on foreign equity investment rather than foreign debt. "So long as the corporate sector continues to rely much
      Reuter  -  287 words
    • Article
      Lock icon Aussie designers claim engine can clean up Asian air
      241 6 AFP CANBERRA A new twostroke engine designers believe could help clear the air of Asian cities polluted by the exhaust emissions of millions of motorcycles was unveiled here yesterday. The Perth-based Orbital Engine Corp (OEC). developers of revolutionary car engine technology
      AFP  -  241 words
    • Article
      Lock icon M'sian firm to shift some production to India
      230 6 Bernama NEW DELHI B Braun Medical Industries Sdn Bhd. which is setting up a fullyowned subsidiary in India, plans to shift some of its production to India to take advantage of cheap labour and a large domestic market. The Indian subsidiary would
      Bernama  -  230 words
    • ASIANOTES
      • Article
        Lock icon S Korea July deficit hits US$250m
        74 6 Bloomberg Business News SEOUL South Korea's current account swung into a deficit of USS2SO million (***** million) in July, the Bank of Korea said yesterday. This compares with a deficit of US$l7O million in June and a surplus of USSIO million in July last
        Bloomberg Business News  -  74 words
      • Article, Illustration
        Lock icon Professors held for praising N Korea
        51 6 Reuter CHINJU, South Korea Gyeosang National University students clasping the hands of two professors as they were led away by police on a bus in this southern city yesterday. The authorities have alleged that the two co-wrote a textbook which glorified communist North Korea.
        Reuter  -  51 words
      • Article
        Lock icon Japan shuts down satellite engine
        63 6 AFP TOKYO Japan's National Space Development Agency yesterday shut down the engine of a large satellite which went into geostationary orbit after a two-day flight on an H-2 rocket. The agency said it was investigating the cause of problems detected during the main firing of
        AFP  -  63 words
      • Article
        Lock icon Mieno meets S Korean bank leaders
        38 6 AFP TOKYO Bank of Japan governor Yasushi Mieno will visit South Korea today for talks with bank leaders, the central bank said. The threc-dav visit is his second as BOJ governor. AFP
        AFP  -  38 words
      • Article
        Lock icon Aussies save A$939m in first quarter
        60 6 Reuter CANBERRA Australia's trend rate of savings was A 5939 million (551.04 billion) or 0.9 per cent of gross domestic product (GDP) in the March quarter, the ANZ Bank said. The rate a moving average that eliminates irregular bumps was AS 1.15 billion or
        Reuter  -  60 words
      • Article
        Lock icon KAL pilots charged over plane crash
        43 6 AFP Reuter SEOUL The pilots of a Korean Air aircraft which exploded in Cheju earlier this month were indicted yesterday. Prosecutors charged Barry Woods and Chung Chang-Kyu with violating aviation codes and causing accidental injuries. AFP. Reuter
        AFP; Reuter  -  43 words
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      222 6 THE UNIVERSITY OF HULL England 1927 IMBA I B "OVER 100 emu, MDs, CEO* ALREADY IN THE PROGRAMME!" H "ONE OF THE MOST ESTABLISHED IN SINGAPORE" jfjjflpj mfjm First to offer TQM and a Systems Approach to Creative Problem Solving the management philosophy of the 1990s First to offer llMpfllUl
      222 words
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      Page 6 Advertisements Column 2
      99 6 Stremler FRAMELESS SHOWER SCREEN j J projects Individually designed Spring tension to swing irwards, outwards and to self cbse Increases sense of space within the bathroom Available in Bmm 10mm tempered glass c/w stainless steel, satin, brass, gold, finest quality hinges and accessories r— CHECK OUT THE FARES —1 SIN-LON
      99 words
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  • THE WORLD
    • Article
      Lock icon EU urges private sector to take lead in telecom funding
      437 7 FT BRUSSELS The private sector not the public sector should take the lead in funding the telecommunications networks of the future, Martin Bangemann, EU industry commissioner, said on Monday. In a speech to the 13th World Computer Congress in Hamburg,
      FT  -  437 words
    • Article
      Lock icon US offers to give more Cubans residency visas
      224 7 NYT WASHINGTON The Clinton administration plans to ask the Cuban government to halt the exodus of boat people in return for an offer by the US to relax its immigration rules and grant residency visas to more than 20,000 Cubans a year.
      NYT  -  224 words
    • Article, Illustration
      Lock icon Politicians tell Swedish voters they face hard times ahead
      521 7 Reuter STOCKHOLM Swedes are getting poorer. After decades of hearing they are among the richest people in the world, Swedish voters are now hearing a bleak message of hard times ahead from politicians in the run-up to next month's general election.
      Reuter  -  521 words
    • Article
      Lock icon Germany, Japan lose bid to join Security Council by 1995
      503 8 AFP UNITED NATIONS Germany and Japan have lost their bid to gain full membership into the United Nations Security Council by next year because of ongoing disagreements over the proposed broadening ot the UN's top decision-making body. Western diplomats yesterday
      AFP  -  503 words
    • WORLDWATCH
      • Article
        Lock icon UK insider dealing rules slow to take off
        96 8 Bloomberg Business News LONDON New UK insider dealing regulations, which came into effect on March 1, have hardly impacted the way companies in London's financial district exchange information, the Financial Times said. Three-fourths of companies surveyed by Focus Communications said that they
        Bloomberg Business News  -  96 words
      • Article
        Lock icon Balladur sees lower jobless data
        79 8 Reuter PARIS French Prime Minister Edouard Balladur said he hoped unemployment would continue to decline "this month". "I think it is going to continue, at any rate this month 1 hope," he told Europe 1 radio. Unemployment fell for the first time in four years
        Reuter  -  79 words
      • Article
        Lock icon Vietnam seeks ties with Poland
        71 8 Reuter WARSAW A high-level Vietnamese government delegation met senior Polish officials on Monday in a bid to revive economic links weakened by the collapse of communism in Poland in 1989, PAP news agency said. Poland was the fourth country visited by the delegation headed by
        Reuter  -  71 words
      • Article
        Lock icon Cuba will join N-ban treaty: Mexico
        102 8 Reuter MEXICO CITY Cuba has decided to become a full member of the Treaty of Tlatelolco that bars nuclear weapons from Latin America, the Mexican foreign ministry said on Monday. "With this action, Latin America and the Caribbean are converted into virtually the first
        Reuter  -  102 words
      • Article
        Lock icon EC clears Gencor purchase
        79 8 Bloomberg Business News BRUSSELS The European Commission said it would allow South African mining company Gencor Limited to buy Royal Dutch/Shell's Billiton unit. The European Commission checks all mergers and acquisitions that could lead to one company gaining a dominant share in the European market. The
        Bloomberg Business News  -  79 words
    • Article, Illustration
      Lock icon What's in a carnival costume?
      44 8 Reuter LONDON A participant in the street parade at the Notting Hill carnival in West London performing in a specially made outfit on Monday, the final day. The two-day carnival was attended by up to one million people. Reuter
      Reuter  -  44 words
    • Article
      Lock icon Global foreign investment up to US$195b
      561 8 Reuter GENHVA After a two-year slowdown, foreign direct investment worldwide rose to USSI9S billion (***** billion) in 1993. up from USSI7I billion a year before, but still far below the peak at the start of the decade. The United Nations, in a report to
      Reuter  -  561 words
    • Article
      Lock icon Bundesbank expected to keep rates steady
      329 8 Reuter FRANKFURT Germany's Bundesbank is widely expected to keep monetary policy steady this week and many analysts see little chance of a fresh cut in interest rates this side of October's federal German election. The mood on financial markets was pinpointed as the single
      Reuter  -  329 words
    • Article
      Lock icon More Caribbean nations set to join US-led force to Haiti
      415 8 AP WASHINGTON The Clinton administration is counting on several Caribbean nations to step forward with public pledges to contribute troops to an American-led coalition to oust Haiti's military rulers and stabilise the country. At a meeting yesterday of Caribbean defence
      AP  -  415 words
    • Article
      Lock icon Benazir visit row goes to heart of sovereignty issues linked to Palestinian self-rule
      462 8 NYT AP JERUSALEM With Prime Minister Benazir Bhutto of Pakistan in the middle, Israel and the Palestinian Authority wrestled one another on Monday over who has the final say on which outsiders may enter the autonomous Gaza
      NYT; AP  -  462 words
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      Page 7 Advertisements Column 1
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      83 words
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      Page 7 Advertisements Column 2
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      57 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      117 8 BFor Sale by public tender Tenders close Wednesday sth October 1994 at the offices of the conjunctional agents. VIARK SUBURBAN ffice Building Dandenong Tax Office 14-16 Mason Street, Dandenong Australia Leased to The Commonwealth of Australia for 10 years from February 1988, with a 10 year A 53.16 million return
      117 words
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      Page 8 Advertisements Column 2
      95 8 Lr FOR SALE BY PUBLIC TENDER. B Closing Thursday 6th October 1994 at 3pm at the offices of Jones Lang Wootton I Tip T|\ Current income as at 15/8/94 A5818,25l 1 IP I II Lettable area: 7 610m 2 approx plus 167 car spaces High quality office building constructed in
      95 words
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  • SPORTS
    • Article, Illustration
      Lock icon Reneberg sends Becker packing; Ivanisevic also bows out
      707 9 US Open AP NEW YORK Boris Becker could only come up with a long list of excuses after losing to Richey Reneberg, a player more accustomed to success in doubles than singles. On the opening day of the US Open, which didn't
      AP; Reuter  -  707 words
    • Article
      Lock icon The tennis mystery no one talks about
      546 9  -  By Harvey Araton NYT NEW YORK There they were, five short newspaper paragraphs appropriately positioned smack below the women's draw, on the opening day of the US Open. Dateline, Monte Carlo. Headline: No Date Set for Seles Return. Not a stroke had y6t
      NYT  -  546 words
    • Article, Illustration
      Lock icon A price on their heads
      45 9 Reuter SYDNEY Australian horses jumping from the barriers at the Canterbury race course here. They are competing witl overseas rivals for renewed interest among Asian investors in the thoroughbred industry with a horse selling for up t< A 570,000. Reuter
      Reuter  -  45 words
    • SCORECARD
      • Article, Illustration
        Golf
        109 9 LONDON Latest world rankings Monday: I Nick Price (Zim) 21.09 pts 2 Greg Norman (Aust) 20.68 3 Nick Faldo (GB) 17.08 4 Bemhard Langer (Ger) 15.79 5 Fred Couples (US) 14.78 6 Jose Maria Olazabal (Spn) 14.12 7 Ernie Els (SA) 12.40 8 Colin Montgomerie (GB) 11.95 9 David
        109 words
      • Article, Illustration
        Tennis
        552 9 NEW YORK U559.36 million US Open Ist rd Monday Men: Markus Zoccke (Gcr) b Goran Ivaniscvic (Cro x 2) 6-2 7-5 3-6 7-5; Wayne Fcrrcira (SA x 12) b Wade McGuirc (US) 7-5 6-2 6-2; Andre Agassi (US) b Robert Eriksson (Swe) 6-3 6-2 6-0; Bcrnd Karbacher (Ger) b
        552 words
    • Article, Illustration
      Lock icon Line-up for Presidents Cup settled
      317 9 Golf Reuter ST LOUIS. Missouri Captain Hale Irwin has selected Jay Haas and Phil Mickelson as the I Ith and 12th members of the US team for next month's first Presidents Cup international golf matches. Australian David Graham, captain of the International team, chose Fulton
      Reuter  -  317 words
    • Article
      Malaysian Quzier jumps to victory in Mini Prix
      314 9  -  By Juliette Walker SINGAPORE Malaysian horseman Quzier Ambak on Kelso Si Lucia jumped to victory in the TAG Heuer Mini Prix on Monday, the final day of the 3rd Merdeka Equestrian Carnival in Genting Highlands. The Mini Prix was one of the
      314 words
    • Article
      It's time sports kept up with technological advances
      774 9  -  Michael Karem laments the inept handling of some sport administrators Michael Karem LONDON Amid a fluiry of sporting controversies, it is becoming obvious that administration in many different sports is failing to keep abreast of technological development, media and financial pressures or
      774 words
    • SIDELINES
      • Article
        Lock icon Canadian stripped of medals
        68 9 AP VICTORIA. British Columbia A Canadian weightlifter was stripped on Monday of three bronze medals he won at the Commonwealth Games after a drug test revealed he had taken banned stimulants. Jim Dan Corbett, 20, said he was "floored" by the results, and Canadian officials said
        AP  -  68 words
      • Article
        Lock icon Indurain defends against dope charge
        95 9 AFP BORDEAUX, France The world's top cyclist Miguel Indurain defended himself on Monday against revelations that he failed a dope test in a French race last May. The test conducted after the Tour de I'Oise which Indurain won showed traces of Salbutamol, a substance which
        AFP  -  95 words
      • Article
        Lock icon Man convicted for shooting golfer
        98 9 AP NILES, Ohio The man accused of firing the shot that wounded LPGA golfer Kim Williams was convicted on Monday of disorderly conduct and ordered to pay a US$25 fine. Gary Swaney, 35, of Howland, Ohio, pleaded no contest to the charge and was convicted
        AP  -  98 words
      • Article
        Lock icon Baseball strike continues
        108 9 AP NEW YORK October without the World Series? Major League Baseball owners really are willing to cancel it, their chief negotiator said. "I think the owners want to do everything humanly possible to save the post-season," Richard Ravitch said on Monday during a telephone conference call with
        AP  -  108 words
      • Article
        Lock icon Schumacher 'rightly disqualified'
        76 9 AFP VIENNA World championship leader Michael Schumacher was rightly disqualified after winning Sunday's Belgian Grand Prix, according to Austrian ex-driver Niki Lauda. Schumacher was disqualified nearly five hours after the race when a compulsory wooden block under his car was found to be a couple of millimetres
        AFP  -  76 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Europe gets serious on its Asia punt
      1183 10  -  Euro-Asian business SHADA ISLAM SHADA ISLAM The writer, based in Brussels, contributes regularly to BT O FAR, it's really a one- way street. Europe's main indus- > l trial giants, seeking a r I stake in the wider world outside, have latched on
      1,183 words
    • Article, Illustration
      The Empire strikes back
      1306 10  -  Britain is going on the offensive to lure investments from Asia. And the move is paying off handsomely NEVILLE STACK NEVILLE STACK The writer is a political commentator based in London. He writes regularly for BT. THE wave of investment from Asia into Britain continues, with
      1,306 words
    • Article, Illustration
      Proton gears up for thrust into brave new world
      1743 11  -  Euro-Asian business PETER OSBORNE PETER OSBORNE The writer is a BT journalist Nurtured from birth by a Japanese foster parent and a protected domestic car market, Malaysia's publicly-listed national car maker Perusahaan Otomobil Nasional Malaysia (Proton) is finally beginning the weaning
      1,743 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      108 10 I in cooperation witk American Management Association L_ 1. ouAimr miwioviMiKT hbwm *S2 F^r!:\ (leading to a Certificate in Quality Improvement) Lm IiPPI 2. |yTB—WHIWBHIP nommg MMf I^Bi (leading to a Certificate in Management) AMERICAN MANAGEMENT ASSOCIATION p —MM Exchange experiences, insights and ideas with your peers; Wljji Assessment by
      108 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      21 11 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. Business Times vtoaovAM
      21 words
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      Page 11 Advertisements Column 2
      181 11 Business Mandarin for Trade In this course, participants will team numerous basic sentences, useful vocabulary and expressions pertaining to import/export deals. It aimed not only to enable participants to speak proficiently in Mandarin with their Chinese trading partners, but also effectively. The emphasis of this course is on Negotiation in
      181 words
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      Page 11 Advertisements Column 3
      241 11 Nonwovens and High Performance Fabrics ,f y° ur company uses Discover New Materials, r produces j engineered fibrous Applications and materials for apparel, Pj"Q£osgos <**&&&> medical, sanitary coverstock, roofing. carpeting. insulation or filtration. A ja a a visit to Ili-IVr Kab l Kxhibition will be a boon. 11l Ul j
      241 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      659 12 M Nothing Beats A Bud. OF FRESH .pasta] DAI LY. W From Pasta Fresco. The only restaurant to make its own specialty pasta. F,e,h everyday. Savour perfect pizza, great gelati and terrific tiramisu. All topped with Italian hospitality. Pasta FrtKa Da Sotvolofi Pta Ltd Sg i 30 800 l Quay.
      659 words
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      Page 12 Advertisements Column 2
      314 12 WHERE TO WINE, DINE AND ENTERTAIN "GOOD OLD FASHIONED FUN. AT CLUB 5." English and Chinese all-time favourites performed live'. Dhnking and dancing. Fashion show every Monday and Thursday. Happy Hours Monday to Friday. 5 pm 8 pm, with one for one standard drinks. Club 5. Ifs the place for
      314 words
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      Page 12 Advertisements Column 3
      296 12 INTO THEEtynWENT.^ En|oy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtimes: B.oopm to 8.30pm 9.30pm to 10.00pm 7th lotX Ov*rra» Lnio«i Hook CoOyn Quay Stnppoft 0104 Ttl *****22 Mmafrt rw
      296 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Puttnam: never fear having enemies
      1019 13  -  Producer Puttnam may have made more enemies than any other studio head in history but he feels as both the victim and beneficiary of his character, Bernard Weinraub writes Bernard Weinraub NYT IT's been eight years since David Puttnam left Hollywood after a tumultuous reign
      NYT  -  1,019 words
    • Article
      Lock icon Nicotine patch alone may work — doctors
      594 13 Nicotine patch alone may work doctors NYT USING a nicotine skin patch appears to help smokers kick the habit even if they are not involved in smoking-cessation programmes, New York doctors report. Of 270 people who wore a nicotine patch between January and June of 1992, half reported that they
      NYT  -  594 words
    • Article, Illustration
      Caron is ready for her first American film in years
      386 13 /"\y LESLIE CARON is appearing in her first American-made film in years. Filming begins next week in New York on Let it be me Written and directed by Eleanor Bergstein, it's about three couples whose lives change as the result
      386 words
    • Article
      Knowledge, not money, counts in art collecting
      351 13  -  This year's Forum for the Arts offers much more, Audrey Tan discovers Audrey Tan THE popular notion, even among those who take an interest in the fine arts, is that art collecting is exclusively for the very wellheeled. Which is why the popularity
      351 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1258 13 TV RADIO J Ay Carmela!, 10pm, SBC Carlos Saura's one direct look SP* the Spanish Civil War Kfc, pretty. Carmela (Carmen 2r> < j Maura), her husband (Andres V M Pajares) and a mute factotum I3L I are a eabaret team that enter- B|&p tains the Republicans. They X Jfe
      1,258 words
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  • Article
    Property prices: a breather at last?
    558 14 EDITORIAL AFTER more than three years of uninterrupted price rises. Singapore's property market is at a crossroads. The government's recently-announced plans to step up land sales this year, the flood of statistics from the Urban Redevelopment Authority (URA) on the potential supply of private
    558 words
  • WHAT THE OTHERS SAY
    • Article
      Relief for some bankrupts
      244 14 THE Bankruptcy Bill 1994 seeks to provide a system that will be more sympathetic to the genuine bankrupt but tougher with the recalcitrant. But are the changes, especially those allowing a bankrupt with debts of under $100,000 to be discharged by applying to the Official Assignee,
      244 words
    • Article
      Curbing spendthrift habits
      118 14 THE GOVERNMENT BAN on the issue of preapproved charge and credit cards is a timely move as the practice might lead to imprudent spending and increased defaults. It is also wise that the government has advised representatives of seven banks and the Hong Leong Finance Group which
      118 words
    • Article
      Bigger challenges for television
      148 14 WHEN BG Yeo was explaining the aim of the Singapore Broadcasting Authority Bill, passed in Parliament last week, he emphasised that the government could no longer protect local channels. The SBA can, at best, strengthen its support for these channels. His words reflect the need for
      148 words
    • Article
      Serious about fighting corruption?
      188 14 BOTH ruling and opposition parties are now working out draft proposals for anti-corruption measures in preparation for an extraordinary Diet session scheduled in the fall. Moves towards coordinating the differences between the parties are expected to take form soon. It is a welcome move for politicians
      188 words
    • Article
      UN needs some soul-searching
      188 14 STRIP AWAY the rhetoric, posturings and striped pants platitudes and here is the situation in Bosnia today: The Serbs are winning the war. This means they are continuing their racial killings and brutality in what is called ethnic cleansing. The proposed peace agreement is certainly unjust
      188 words
    • Article
      Japan should accept EAEC plan
      146 14 THE ARGUMENT for the regional agglomeration of economies is made conclusive to Malaysians by a single fact everyone else is doing it. In the course of its proposal for an East Asian Economic Caucus (EAEC). Malaysia has rebutted any suggestion that it would lead to
      146 words
  • Article
    Battle for the Malay vote in Penang begins in earnest
    1216 14  -  As the DAP diligently woos Malay voters, Umno is countering with a show of unity to reassure Malays that it can protect their interests best. Ho Kay Tat reports Ho Kay Tat The writer is BT's Malaysian Correspondent ON A
    1,216 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      94 14 I SEPTEMBER 1994 til WWi ■S4 H TEEN I SPENDERS I I How they're shaping the marketplace u I Vjb| H I 'm I I fa. I I| j I I J9 i I I The 'Royal Singapore's SES fair: I Brothers' race for Know your j|J I gameplan chip
      94 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      93 14 /fuNNV— > COULD HAV£ I SVtE-'S U>fVTeRING UCR lOINDOU) DON'T "T£J_L Me IT'S) FeLT ~slj IN PV CROSS I fcPWJING V^ C »TSn 1/ fwrs MOT RfV* —TVAPvT'S) I*^ *l r\v I J rue &IRL. im Twe office. Jf7—i J fM*o- IT'S I ROROSS ST^r^J l j c *asociATio newspapers
      93 words
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  • ANALYSIS
    • Article, Illustration
      The way to build an enduring Apec
      1382 15  -  The harder 'Cartesian' approach will not work for Apec, says Noordin Sopiee. He explains why the softer Asian method for all its flaws is a far better choice, and outlines eight principles that the grouping must endorse at its November meeting in Jakarta.
      1,382 words
    • Article
      US chicken and Chinese pork for Russian bellies
      1151 15  -  John Helmer discusses Russia's meat market blues John Helmer The writer is BT's Moscow Correspondent IF YOU WANT to be in the Russian meat business and some Singapore traders have had high hopes there is a chicken story you should know. An
      1,151 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      131 15 cmE PROVIDING COST-EFFECTIVE SOLUTIONS TO ALL YOUR MATE iALS HANDUNG NEEDS. Whether it's the handling of bulky loads sjji Whatever your needs in materials handling are, i/' WBj sensible, cost-effective alternatives solutions that wkMKglfLu are designed to enhance productivity and efficiency levels. Afterall, we are backed by 12 years of
      131 words
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  • Article, Illustration
    Lock icon US trade team to China wins contracts worth US$5b
    574 16 Beijing, Washington to resume talks on human rights next month Reuter AP BEIJING United States Commerce Secretary Ron Brown said yesterday that his campaign of "commercial diplomacy" had signed up billions of dollars of new business for US companies and, in
    Reuter; AP  -  574 words
  • Article
    Lock icon Japan to spend 100b yen on war reparations: report
    367 16 Reuter The Straits Times TOKYO Japan plans to spend 100 billion yen (Ssl.s billion) over the next 10 years on a programme to compensate Asian nations for its aggression during World War 11, Kyodo news agency said on Monday. Prime Minister
    Reuter; The Straits Times  -  367 words
  • Article
    Lock icon Consumer confidence in US falls for 3rd straight month
    402 16 Bloomberg Business News Reuter NEW YORK United States consumer confidence fell for the third straight month in August as the increase in interest rates continues to cool consumers'" outlook on the economy. The Conference Board, a non-profit business research group, yesterday
    Bloomberg Business News; Reuter  -  402 words
  • Article, Illustration
    Peace in Northern Ireland will be at a heavy price
    845 16  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a UK-based journalist who contributed this commentary to BT IF PEACE should indeed break out in Northern Ireland this week, there will be general jubilation. But there will be secrets
    845 words
  • Article
    Lock icon Bosnian Serbs shrug off US threat to lift arms embargo against Muslim-led forces
    206 16 Reuter PALE. Bosnia Bosnian Serbs, saying they have no fear of Washington's threat to lift the arms embargo against Mus-lim-led forces, have rejected a peace plan drawn up by the major powers with a 96 per cent
    Reuter  -  206 words
  • Article
    Lock icon Gen Signal, Reliance Electric in US$1.4b deal
    147 16 Bloomberg Business News STAMFORD. Connecticut General Signal Corp yesterday said it has signed a definitive agreement to acquire Reliance Electric Co in a stock swap valued at about US$l.4 billion (SS2 billion). The combined industrial and electric-equipment manufacturing company will have annual revenue
    Bloomberg Business News  -  147 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      79 16 Tomorrow in Business Times PRIME STRATA OFFICE IN RAFFLES PLACE FOR SALE BY TENDER 7th Storey 746 sm (approx 8,0305f) (TS 1 Lot No 476/U113) Bth Storey 393 sm (approx 4,2305f) (TS 1 Lot No 476/U128) Tender closing date on Thursday, Bth Sept 1994 at 3pm For more information, please
      79 words
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      Page 16 Advertisements Column 2
      247 16 iissri October 3 4,1994 Shangri-La Hotel This program aims to equip you with the executives who want to enhance their knowledge and techniques to become a personal effectiveness. more effective manager with improved communication skills. You should be able SEMINAR b originator of Mind Maps™ and the use of intelligence
      247 words
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      Page 16 Advertisements Column 3
      65 16 Tomorrow in Business Times 19M LUXURY MOTOR YACHT Condition as new. Australian built, Phil Curran designed. Aluminium hull with superb interiors, fully air-conditioned, speed 20 kts plus. Ideal corporate entertainer or sports fisherman. Can be purchased at bargain price as owner buying mega yacht. Central Agent: Marine Leisure Associates Re
      65 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        39 17 Mixed Market Atood' indieates the likely trading sentiment today. fused on brokers polled at 5-f»pm yesterday, Overnight events nun alter sentiment Brokers polled Barings. Ikima I'raser. (Ik Holt Kay Hum. Morgan (irenlell. \omiira and Smith Sew Court
        39 words
      • Article, Illustration
        HOT STOCK
        151 17  -  -By Paul Leo Tuan Sing Holdings is a buy at 74 cents. Both daily Relative Strength Index and stochastics arc below 25. indicating an oversold situation. Prices are still above the 13-day moving average despite the recent decline an indication that the up-trend is still intact. Weekly Moving
        151 words
    • Article
      Metro confirms rumour of possible Transmarco sale
      377 17  -  By Corinne Kerk SINGAPORE Breaking one-and-a-half weeks of silence, Metro Holdings confirmed yesterday that it was in discussion with an unnamed party in relation to the possible sale of its 50.3 per cent stake in Transmarco Ltd, and that a conclusion should be
      377 words
    • Article
      Sale of Balmoral Plaza boosts Lim Kah Ngam's interim results
      199 17 SINGAPORE Construc-tion-based Lim Kah Ngam (LKN) chalked up $15.79 million in net earnings for the six months ended June 30, 1994 slightly more than double the $7.35 million in the previous corresponding period. Turnover was up 157 per cent to
      199 words
    • Article
      Flour-milling, confectionery losses eat into Prima profit
      185 17 SINGAPORE Losses arising from its local flour-milling and confectionery operations pushed down Prima Ltd's after-tax profit by 44 per cent to $4.1 million in the six months ended June 30. Prima yesterday reported that turnover was less dramatically affected, easing just 2.1 per
      185 words
    • Article
      New trustee stocks put up good performance
      181 17 SINGAPORE Newly-ad-mitted trustee stocks made good gains yesterday while counters which were stripped of trustee status held up well. Retailer CK Tang, which lost its trustee status because it incurred losses in its previous financial year, was not traded at all. The previous
      181 words
    • Article
      Why DBS Bank raised its prime by a higher-than-expected margin
      930 17  -  HOCK LOCK SIEW By Alvin Tay SINGAPORE DBS Bank just has to be different. It raised its prime lending rate by a bigger-than-expected half point to 5.75 per cent last week, instead of following the quarter-point rise set by rival
      930 words
    • Article, Illustration
      The Ascott to set up operations in Bangkok and London
      214 17  -  By Abdul Hadhi SINGAPORE The Ascott, listed Scotts Holdings' flagship, will become the first international chain of service apartments in Asia when it sets up operations in Bangkok and London later this year, the Minister for Trade and Industry Yeo
      214 words
    • Article
      Seapower shareholders told to reject Pacific Century's offer
      325 17  -  By Catherine Ong SINGAPORE Merchant banker NM Rothschild Sons (Singapore) has advised shareholders of main-board listed Seapower Asia Investments to reject a takeover offer by Hongkong-based Pacific Century. Its advice takes into consideration prospects for the group under the new management and
      325 words
    • COMPANIES
      • COMPANYBRIEFS
        • Article
          Trading in ICB to be suspended today
          39 18 SINGAPORE Industrial Commercial Bank has asked the Stock Exchange of Singapore to suspend trading in its ordinary shares, warrants 1994 and loan stock 1994 today for an announcement considered to be price-sensitive.
          39 words
        • Article
          SPH to place out 11m Foreign shares
          63 18 SINGAPORE Singapore Press Holdings announced yesterday that the Stock Exchange of Singapore has given it approval to make a private placement of 11 million Foreign shares of 1 each. The new shares will be placed out at $26 apiece, and will not be
          63 words
        • Article
          UPP general manager resigns
          32 18 SINGAPORE United Pulp Paper said yesterday that Edward Kwong resigned as director and general manager of a wholly-owned subsidiary, Modern Packaging Industries Pte Ltd, with effect from yesterday.
          32 words
        • Article
          Lock icon Siam City Cement's 2Q profit up 73pc
          100 18 Bloomberg Business News BANGKOK Siam City Cement pic yesterday said its net profit for the second quarter ended June 30 rose 73 per cent compared with the same period last year. Net earnings were 646 million baht (5538.56 million), or 6.71 baht per
          Bloomberg Business News  -  100 words
        • Article
          Lock icon Timbermaster to raise funds for mill
          69 18 Reuter KUALA LUMPUR Malaysia's Timbermaster Industries Bhd plans to undertake a capital raising exercise to finance construction of a plywood mill in Sabah, acquisitions of several landed properties and for working capital. Timbermaster said it will furnish further details on the corporate exercise to
          Reuter  -  69 words
        • Article
          Lock icon Univest Land plans to raise 4b baht
          106 18 Bloomberg Business News BANGKOK Univest Land pic said it plans to raise more than four billion baht (***** million) through a combination of share and bond sales. The board of the Thai real estate developer has approved a plan to sell 20 million
          Bloomberg Business News  -  106 words
        • Article
          Lock icon Bandar Raya unit to expand KL project
          80 18 Bernama KUALA LUMPUR Capital Square Sdn Bhd, a subsidiary of Bandar Raya Developments Bhd and developer of the Capital Square project here, will build other towers in the project area over several phases. Capital Square general manager Wong Dor Loke said on Monday
          Bernama  -  80 words
      • Article
        Untitled
        454 18 MaMfHS' prieat Aug 31 Mendaki Gr Fund 120 1.23ft ■> US Gr Fund 102 1.06** uvm I nisi hiab iu The Commerce 1.65 1.75 UWB WlVeSt Wgl LUI The Savings Fund 1.58 1.67 Unifund 1.53 1.59 S pore Prog Fund 0.71 0.75 Unibond+ 1.035 .06 S-pore See Fund 1.03 1.09xd
        454 words
      • Article
        Indocement plans to list all its shares on Indon bourses
        344 18  -  From Leslie Lopez in JAKARTA AFTER several years of resistance, PT Indocement Tuggal Prakarsa, Indonesia's top cement manufacturer, has declared plans to list all its shares on the Jakarta and Surabaya stock exchanges. The proposed plan will turn the group,
        344 words
      • Article
        Lock icon MISC chalks up M$273m interim pre-tax
        247 18 Bernama KUALA LUMPUR Malaysian International Shipping Corporation Bhd (MISC) has chalked up a group pre-tax profit of M 5272.92 million (S$ 158.3 million) for the six months ended June 30, 1994, compared with M 5254.17 million earlier. Announcing its unaudited results yesterday, it said
        Bernama  -  247 words
      • Article, Illustration
        Lock icon Shifting into new areas
        131 18 Reuter SINGAPORE A company that dates back to 1883, Fraser Neave Ltd has ploughed back large cash surpluses to diversify away from its soft-drink operations (above) into new businesses and expand in the region through joint ventures and franchise arrangements over the past decades. Analysts say
        Reuter  -  131 words
      • Article
        Lock icon Hong Leong, Guoco to buy into Philippine firm
        154 18 AFP MANILA Hongkong's Guoco Group has formed a consortium with Malaysia's Hong Leong Group to become the largest shareholder in Paper Industries Corp of the Philippines (Picop). Guoco Holdings (Philip- pines) Inc said in a letter to the Philippine Stock Exchange yesterday
        AFP  -  154 words
      • Article
        GM rolls out first Opel Vectra in Indon joint-venture plant
        298 18 SINGAPORE General Motors rolled the first Opel Vectra out of its joint-venture plant in Indonesia last week, marking another milestone in the American carmaker's thrust into the Asia-Pacific. Manufacturing and assembly firm PT General Motors Buana Indonesia (GMBI) was set
        298 words
      • Article
        Lock icon Manila rejects demands to issue more Petron shares
        281 18 AFP MANILA The Philippine government yesterday rejected calls for the issue of more shares in soon-to-be-listed oil refiner Petron Corp, the country's largest firm, saying this would invite law suits from existing subscribers. A 76 per cent oversubscription for 600 million shares
        AFP  -  281 words
      • Article
        SuperBowl to buy shopping centre floor for $24.3m
        321 18  -  By A J Leow SINGAPORE Soon-to-be-listed Superßowl Holdings has secured an undertaking from its parent. Hiap Hoe Holdings, to sell it the fourth floor of the proposed Bukit Panjang Plaza at cost currently estimated at 524.3 million. Superßowl said at the launch
        321 words
      • Article
        Kemayan aims for M$130m pre-tax in 1997
        194 18 SINGAPORE Clob-listed Kemayan Corporation is aiming for a group pre-tax profit of MSI3O million (5575.4 million) in financial year 1997. Kemayan chief executive officer Rickie Tang yesterday said this would be a five-fold increase over the company's expected pre-tax profit of around Ms
        194 words
      • Article
        Lock icon Guthrie, H&L shed more light on proposed restructuring
        416 18 Bernama KUALA LUMPUR Kumpulan Guthrie Bhd (Guthrie) and Highlands Lowlands Bhd (H&L) yesterday clarified various queries posed by the Kuala Lumpur Stock Exchange in respect of a restructuring announcement made on Aug 9. The proposed restructuring is to streamline the property development
        Bernama  -  416 words
      • Article
        Lock icon Hongkong Fuji film distributor plans IPO to raise HK$500m
        362 19 Bloomberg Business News HONGKONG Fuji film distributor China-Hong Kong Photo Holdings Ltd plans to raise up to HKSSOO million (Ss97 million) in an initial public offer (IPO) of new shares in two months* time, the company's managing director Dennis Sun said
        Bloomberg Business News  -  362 words
      • Article
        China's Luoyang Glass interim net profit up 20pc
        457 19  -  From Lim Soon Neo in HONGKONG LUOYANG Glass, which made a dismal debut as the first of a second batch of China listings in Hongkong, yesterday reported a 19.96 per cent increase in unaudited interim net profit to 127.1 million renminbi (5522.1
        457 words
      • Article
        Lock icon China Motor's profit, hit by higher yen, falls 6.9pc
        240 19 Bloomberg Business News CHUNGLI, Taiwan China Motor Corp, the affiliate of Japan's Mitsubishi group that is Taiwan's biggest truck and van maker, said net profit in the first half of 1994 fell 6.9 per cent from a year earlier. Earnings slid
        Bloomberg Business News  -  240 words
      • Article
        Lock icon China Airlines' interim down 77pc
        63 19 Bloomberg Business News TAIPEI China Airlines, Taiwan's flag-carrier airline, said yesterday net profit for the first half of 1994 plunged 77.4 per cent from a year earlier to NT5291.5 million (5516.6 million). That works out to NTSO.3O per share versus NTS 1.61 per share a
        Bloomberg Business News  -  63 words
      • Article
        Lock icon NEC raises profit projection
        96 19 AFP TOKYO Japan's NEC Corp said yesterday it had raised its projection for consolidated pre-tax profit for the year to March to 70 billion yen (about Ssl billion) from 60 billion yen. NEC, a major high-tech enterprise, also raised to 3.76 trillion yen from 3.72 trillion
        AFP  -  96 words
      • Article
        Lock icon Citizen Watch lowers earnings forecast
        70 19 AFP TOKYO Japan's Citizen Watch Co Ltd yesterday lowered sales and profit projections for the current business year to March, citing adverse effects of the yen's appreciation and the still-weak domestic economy. The company lowered a forecast for pre-tax profit to six billion yen (Ss9o
        AFP  -  70 words
      • Article
        Lock icon Siemens plans more China ventures
        114 19 Bloomberg Business News BEIJING A company official here said that German electron-ics-to-telecommunications giant Siemens AG plans to set up 15 more joint ventures and build three power plants in China, amounting to about US$5OO million (Ss7so million) worth of investment, the Wall Street Journal Europe
        Bloomberg Business News  -  114 words
      • Article, Illustration
        Lock icon Handy size
        73 19 Reuter TOKYO Japanese electronics maker Hitachi has developed the world's smallest video camera, which can sit comfortably on the palm of a hand, the Yomiuri Shimbun reported on Sunday. The company has made the prototype camera which uses a semiconductor chip instead of tape to store video data.
        Reuter  -  73 words
      • Article
        Lock icon US group plans China power plant
        125 19 Bloomberg Business News BEIJING The US-based Wing Group has signed an agreement to invest US$2 billion (Ss3 billion) to build a 2,400 megawatt liquefied natural gas power plant in China, the company said. The company signed an "implementation agreement" with the Jiangsu provincial power
        Bloomberg Business News  -  125 words
      • Article
        Lock icon Lockheed in US$10b merger deal with Martin Marietta
        476 20 NYT NEW YORK Lockheed Corp and Martin Marietta Corp yesterday announced that they had agreed to a merger in an exchange of common stock valued at more than US$lO billion (Ssls billion). The combined company, to be known as Lockheed Martin Corp,
        NYT  -  476 words
      • Article
        Lock icon Volvo nets 7.6b kronor profit in first half
        198 20 Bloomberg Business News STOCKHOLM Volvo AB, the Swedish car and truck maker, yesterday said first-half net profit rocketed to 7.65 billion kronor (551.48 billion) from 45 million one year earlier thanks to a 34 per cent rise in sales. The profit includes
        Bloomberg Business News  -  198 words
      • Article, Illustration
        Lock icon Always on a Sunday
        45 20 Reuter GLASGOW, Scotland Marks Spencer has opened its doors for shoppers on Sundays in Scotland, an idea now being used by the stores in England and Wales to keep up with competition with other High Street stores opening on Sundays. Reuter
        Reuter  -  45 words
      • Article
        Lock icon Wall Street seer Barton Biggs sees rally in stocks soon
        425 20 NYT NEW YORK For a living. Barton M Biggs predicts market booms and busts around the globe. Sometimes he even causes them. Mr Biggs, the chairman of Morgan Stanley Asset Management, is one of the most venerable seers on Wall
        NYT  -  425 words
      • Article
        Lock icon US mutual fund investors stage aggressive return to stock market
        363 20 NYT NEW YORK Mutual fund investors are leaping back into the stock market as the summer rally advances, mutual fund companies said on Monday. "We have some very aggressive investors who are stampeding back into the market." said Neal Litvack,
        NYT  -  363 words
      • Article
        Lock icon Analysts pleased with Canon's 34pc interim profit rise
        270 20 Reuter TOKYO Strong overseas sales of computer printers helped Canon Inc post a 34 per cent rise in group pre-tax profit to 41.65 billion yen (***** million) in the six months to June 30. The company and analysts yesterday said a sharp
        Reuter  -  270 words
      • Article
        Lock icon MCI, Nextel disconnect planned wireless deal
        303 20 Los Angeles Times WASHINGTON The information highway on Monday became littered with the wreckage of yet another deal gone bad as the nation's second-larg-est long-distance telephone carrier and two partners abandoned a promising pact to build a nationwide wireless network. MCI Communications Corp of
        Los Angeles Times  -  303 words
      • Article
        Lock icon CRA expects better second-half profits
        180 20 Reuter MELBOURNE CRA Ltd expects higher profits in the second half of 1994 than in the first, but full-year profits are likely to be lower than 1993'5. Chief executive Leon Davis repeated a forecast made at the annual meeting in April that 1994 equity-accounted net
        Reuter  -  180 words
      • Article
        Lock icon Digital slashes 34pc off hardware price
        164 20 Bloomberg Business News MAYNARD, Massachusetts Digital Equipment Corp yesterday slashed the price of hardware that enables computers to be linked on networks by 34 per cent and introduced a new so-called "intelligent hub". The move followed price cuts by competitor Synoptics Communications and brought
        Bloomberg Business News  -  164 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Bank Bumi's pre-tax soars five-fold to M$450m
        583 21  -  Troubled bank puts chequered past behind it From Ho Kay Tat in KUALA LUMPUR BANK Bumiputra Malaysia Bhd (Bank Bumi) appears to have finally put its chequered past behind it. Yesterday, it reported a 460-per cent jump in group pre-tax profit to M
        Photo by Chris Loh  -  583 words
      • Article
        Lock icon Buba: off-balance sheet derivatives trading distorts transparency
        361 21 Reuter FRANKFURT The growing volume of off-balance sheet trading in derivatives is damaging the transparency and usefulness of traditional accounting methods, Bundesbank council member Edgar Meister said. He told bankers at a conference in Frankfurt that analyses of business were no longer reliable
        Reuter  -  361 words
      • SMALLCHANGE
        • Article
          Lock icon Bank branch renamed
          90 21 Bernama KUALA LUMPUR Bank of America National Trust and Savings Association's branch here will be known as Bank of America Malaysia Berhad effective tomorrow. This follows the local incorporation of its Kuala Lumpur operations, which was completed a month ahead of the October deadline given by the
          Bernama  -  90 words
        • Article
          Lock icon Trust fund declares 10 sen dividend
          104 21 Bernama KUALA LUMPUR Mayban Unit Trust Fund (MUTF) has declared a gross dividend of 10 sen per unit and a special dividend of two sen per unit to its unitholders for the financial year ended June 30, 1994. The special dividend of two sen
          Bernama  -  104 words
        • Article
          Lock icon Swire Pacific to sell 10-year bonds
          101 21 Bloomberg Business News HONGKONG Swire Pacific, a Hongkong real estate and aviation conglomerate, has named Merrill Lynch, J P Morgan Securities and Salomon Brothers to underwrite a US$2OO million (SS3OO million) issue of 10-year bonds in the United States in September, said several investment
          Bloomberg Business News  -  101 words
        • Article
          Lock icon M'sian firm buying Manila bank
          88 21 AFP MANILA A Malaysian firm will acquire 40 per cent of a medium-sized Philippine bank, the Bank of Commerce, a bank spokesman said here yesterday. Bank spokesman David Nye would not identify the Malaysian firm but said that it woujd bring in about a billion
          AFP  -  88 words
      • Article
        Thai Lube Base seeks US$195m loan
        172 21 SINGAPORE Thai Lube Base Co Ltd has asked seven banks to raise US$l95 million (***** million) to finance its building and operation of a lube base plant in Thailand. Chase Manhattan Bank is the facility agent for the loan. The plant will be able
        172 words
      • Article
        Lock icon BOJ optimism over Japan economy sends yen swap rates rising
        486 21 Bloomberg Business News TOKYO Yen-denominated swap rates are rising because some traders believe the Bank of Japan, which has declared the economy is recovering, will ratchet short-term interest rates higher, said Naohiko Tominaga, a swap trader at Fuji Bank yesterday.
        Bloomberg Business News  -  486 words
      • Article
        MasterCard expects smart-card switch by 2000
        371 21  -  By Shiv Taneja SINGAPORE By the year 2000, MasterCard International expects to complete its switchover to "smart card" chip technology at a cost of several tens of millions of dollars. But, the investment in upgrading the payments system from the present magnetic strip technology
        371 words
      • Article
        Thailand's Finance One to tap market for US$200m
        405 21 BANGKOK Finance One pic of Thailand is planning to raise up to US$2OO million (SS3OO million) through a US commercial programme, said Thai daily The Nation in a report on Monday. International Finance Corp, an investment arm of the World Bank, will
        405 words
      • Article
        Lock icon Japan and Indonesia to pump 13b yen into troubled smelter
        290 22 Knight-Ridder TOKYO The governments of Japan and Indonesia have reached agreement on a bailout of the troubled PT Indonesia Asahan Aluminum Smelter, a senior official with the Ex-port-Import Bank of Japan (Eximbank) said yesterday. Yasushi Momose, Eximbank director of loans,
        Knight-Ridder  -  290 words
      • Article, Illustration
        Lock icon Philippine coal mine disaster claims 54
        75 22 AFP CEBU, Philippines A badly burnt miner arriving at a hospital here yesterday after being airlifted from a coal mine in Malangas town about 760 km south of Manila. A massive gas explosion at the state-owned Philippine National Oil Co mine left 54 workers
        AFP  -  75 words
      • Article
        Lock icon Jakarta against soaring palm oil prices
        454 22 Western consumers may switch to cheaper alternatives, expert warns Reuter MEDAN, Indonesia A dizzying rise of palm oil prices to 10-ycar highs in recent weeks could result in European and American consumers switching to cheaper vegetable oils, a senior Indonesian industry official warned yesterday.
        Reuter  -  454 words
      • Article
        Lock icon Economic recovery drives Japan gold imports up 38pc
        425 22 Reuter TOKYO Japan's gold imports in July has surged 38 per cent from a month ago. Industry sources said on Monday that the sharp rise was due to a recovery in jewellery sales and a firm investment demand, both brought about by
        Reuter  -  425 words
      • Article, Illustration
        Lock icon China imposes monopoly on buying, marketing of cotton
        367 22 Reuter BEIJING China is imposing a monopoly on purchasing and marketing of cotton this year as it tries to recover from last year's disastrous crop, Vice-Premier Li Lanqing said. He was quoted in the official media yesterday as saying only state-controlled supply
        Reuter  -  367 words
      • Article
        Lock icon Chengdu seeks more iron ore from W Australia
        196 22 Reuter PERTH, Australia The leader of a major provincial Chinese business delegation has expressed interest in increasing iron ore imports from Western Australia. Wu Pingguo. vice-mayor of Chengdu, capital of China's Sichuan province, said on Monday Chengdu's rapid economic and industrial growth
        Reuter  -  196 words
      • Article
        Futures mixed amid rising Nigerian tension
        191 22 Bloomberg ENERGY REPORT LONDON Crude oil futures rose here amid increasing tension in strike-torn Nigeria after the leader of the country's military junta. General Sani Abacha, on Monday vowed to break the oilmen's strike. Traders said the increased tension will curtail the West African
        191 words
      • Article
        Lock icon Petronas shuts down oil production at Tapis for routine maintenance
        300 22 Bloomberg Business News KUALA LUMPUR Malaysia, in a move that surprised Asian oil traders, has halted output from the offshore Tapis field in order to conduct routine maintenance, said an official of Petronas, the country's state oil company. Petronas stopped
        Bloomberg Business News  -  300 words
      • Article
        Lock icon C Reports: London
        192 22 Reuter LONDON The dollar kept up its buoyant tone on the mark at midsession although it failed to match the brief gains made on Monday in diminished European trading. Traders said the current focus was on both tomorrow's Bundesbank council meeting and Friday's US employment report, with
        Reuter  -  192 words
      • Article, Illustration
        Untitled
        1504 22 Iradr-ueifhiaJ index calii/lalnl afuin\ S'purr'i htp 14 trading puriner\ Bav year I9S. US$/S$ forward rates Noon Aug 30 ss Bid Offer 1-month 1.4982 149% 2-month 1.4976 1 4990 3-month 1 4970 1 4984 6-month 1.4940 1.4958 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9mi on Aug 30 Singapore dollars
        1,504 words
      • Article
        Lock icon New York
        91 22 AFP NEW YORK The dollar rose against the other major currencies except the yen yesterday in quiet New York trading as investors awaited economic data. At 1350 GMT, the dollar was trading at 1.5795 marks, up from 1.5772 on Monday, and 99.88 yen, down from 100. It also
        AFP  -  91 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, JGB ease in light trading
        1246 23 Reuter SINGAPORE Simex Euroyen and Japanese government bond (JGB) futures ended easier after narrow-ranged trade. Dealers said the Euroyen looked to the dollar/yen change rate for direction in the absence of fresh fundamentals. "There was some buying by Europeans in the afternoon when dollar/yen
        Reuter  -  1,246 words
      • Article
        KL tin closes steady on good demand
        673 23 COMMODITY REPORTS KL Tin TIN closed steady at MS 13.38 a kg with continued demand from both local and foreign interests supporting prices. Traders said price movements, however, were restricted by absence of a fresh lead from the London market which was closed
        673 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Vietnam hopes to double sugar output
          98 23 SINGAPORE Vietnam hopes to produce one million tonnes of sugar in 2000, about double its current annual production, the Vietnam Investment Review reported in its latest edition. To achieve this target, the Ministry of Agriculture and Food Industry has approved the import of 300
          98 words
        • Article
          Tokyo waivers cotton yarn duties
          126 23 TOKYO Japan has decided not to impose duties on the alleged dumping of cheap cotton yarn imports from Pakistan, according to a government statement. Cotton yarn imports from Pakistan have decreased considerably, and a six-month investigation has not yet produced evidence to support illegal dumping
          126 words
        • Article
          Thai firm to buy 12,000 tonnes of tin
          115 23 BANGKOK Thai Smelting and Refining Co (Thaisarco) has signed a deal to import 6,000 tonnes of tin concentrate per year for two years starting in early 1995 from Australia's Renwon Bell, a Thaisarco official said yesterday. Thaisarco has the option to extend
          115 words
    • Article
      COMMODITY PRICES
      1322 23 Rubber Au 30 Singapore Commodity Exchange Plic (futures closing as at 5.30pn) Buyers Sellers As at 12 mm (S cents/kg) «»"=-gg rk v. m~"" w (1°°°""' !SS!»:™I Sep 94 197.00 197.00 198.00 250 825 R $S 5 Sep 94 187.00 I88.00N Oct 187.25 184.00 187.50 1550 4700 Nov
      1,322 words
    • REGIONAL STOCK MARKETS
      • Article
        New Zealand
        377 24 -8.46 The New Zealand share market shed over eight points yesterday as profit-taking outweighed the positive lead from both the Australian and US markets. The NZSE-40 Capital Index closed down 8.46 at 2,132.82, while the NZSE Smaller Companies Index lost 3.88 to settle at 4,480.17. Volume was moderate
        377 words
      • Article
        Australia
        1219 24 +4.7 AFTERNOON profit-taking took the edge off a rally yesterday. The key All Ordinaries Index climbed to 2,116.5 points at the close, up 4.7 on Monday's finish, as jittery investors locked in profits by selling stock after recent gains. "The few stocks that took the market to its three-month
        1,219 words
      • Article
        Manila
        620 24 11.45 Stocks moved sideways as investors took to the sidelines in anticipation of oil refiner Petron's listing next week. The PSE Composite Index inched up 11.45 points to close at 3,104.07. Turnover was 5.31 billion shares valued at 942.6 million pesos. Analysts said investors were staying on the sidelines
        620 words
      • Article
        Taipei
        564 24 -60.24 Stocks fell back yesterday on profit-taking, with all eight major categories suffering declines. The 378-issue Weighted Price Index lost 60.24 points to settle at 6,980.28. Turnover shrank to 1.97 billion shares valued at NT596.76 billion. The market opened slightly higher, but steadily lost steam as investors took profits.
        564 words
      • Article
        Seoul
        457 24 +3.84 Share prices rallied yesterday, with aggressive blue chip buying propping up the index. The Composite Price Index firmed 3.84 points to close at 939.85, with 25.7 million shares valued at 514.5 billion won changing hands. Falls beat rises 387 to 368, with 155 counters remaining unchanged. While 81
        457 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        765 24 Britannia Funds Sterling Cask BM Offer Mim tap Deposit J* 6400 M4500 M.m Jersey Gill 0 189 3 ***** Mim Mat Income 0 9200 0 9600 I S$ Cash Income Plus Fund *9 4*00 *9 9900 PS S Reserve Fund J.WOO J 3100 Sterling bqaity Euro Performance .0.4592 0 4931
        765 words
      • Article
        Paris
        152 24 -14.90 French shares closed lower after investors took profits after five sessions of rises. Traders said the market took direction in the afternoon from a weaker Wall Street, in the absence of domestic trends. Euro Disney, which added 0.70 franc to 9.10, was suspended four times, three of which
        152 words
      • Article
        London
        675 24 -15.5 STOCKS were mostly lower, ending four days of gains, as UK government bonds declined and US stocks fell. The FT-SE 100 Index fell 15.5 to 3,249.6, breaking a rally that has seen the index rise 94 points. BAT Industries, Glaxo Holdings and British Gas led the decline, lowering
        675 words
      • Article
        Frankfurt
        190 24 -5.03 German stocks closed lower after climbing to a threemonth high earlier in the day, as investors locked in some profits after five straight days of gains. The DAX Index ended at 2,205.82 for a loss of 5.03 points. Earlier, the DAX had advanced 17.66 points to 2.210.85. Chemical
        190 words
      • Article
        Brussels
        141 24 -0.79 Belgian stocks closed little changed as investors showed caution ahead of the Bundesbank's meeting tomorrow. Investors said if the German central bankers decide to cut interest rates, it will be the last in the current economic cycle. The market was also hesitant to transfer money into stocks as
        141 words
      • Article
        Milan
        172 24 -85 Italian stocks fell, ending a seven-day rally, amid caution about whether the government will be able to pass its 1995 budget by the end of September as promised. Traders said the market's recent rise had been driven more by relief that nothing bad had happened on the political
        172 words
      • Article
        Amsterdam
        246 24 -3.6 Dutch stocks, having rallied 3.7 per cent in the last five sessions, fell as investors decided to lock in gains. The modest decline in the dollar and the lack of support from markets in New York and London made it difficult to continue the rally and prompted many
        246 words
      • Article
        Stockholm
        126 24 -10.35 Swedish shares closed lower as investors took advantage of recent gains to sell shares at a profit. Few foreign investors were dealing in Swedish shares, traders said. Foreign investors account for about 40 per cent of the volume in Swedish stocks. The OMX Index fell 10.35 points to
        126 words
      • Article
        Zurich
        268 24 +0.5 Swiss stocks rose for a fifth day, boosted by strong corporate earnings news and a higher dollar. The SMI Index of 23 stocks gained 0.5 to 2,635.7 points, the highest level since July 4. Sixteen stocks advanced and seven were lower. The broader SPI Index was down 1.08
        268 words
      • Article
        Johannesburg
        284 24 -19 South African shares ended mixed yesterday, with gold shares extending early gains, and dealers expecting bullion to open stronger in New York. Industrials were under pressure as buyers evaporate. The Overall Index closed 29 points up at 5,851. The Gold Index jumped 59 to 2,293, while the Industrial
        284 words
      • Article
        Toronto
        232 24 -4.78 Stocks eased in early dealings, primarily on softness in the base metals sector which took a knock from profit-taking after its recent run-up. "Other than a few special situations, it's really a pretty dull market," said one trader. The TSE-300 Composite Index weakened 4.78 points to 4,327.65 in
        232 words
      • Article
        New York
        787 24 -2.59 The Dow Jones Industrial Average, which climbed 17.80 points on Day. was off 2.59 points to 3,96.26 at 1 lam EDT. The key barometer was ahead 2.27 points shortly after the market opened. The NYSE Composite Index was off 0.42 to 260.86, while Standard Poors 500-stock Index
        787 words
    • Article, Illustration
      Lock icon HONGKONG
      3030 25 Bloomberg Business News HONGKONG Stocks surged on the belief that US inflation is under control and interest rates won't rise again soon. Strength in Wall Street on Monday and the fading of interest-rate concerns helped bring new money into the market, said a dealer. The Hang Seng Index rose
      Bloomberg Business News; Source: Bridge Info  -  3,030 words
    • Article, Illustration
      Lock icon CHINA
      479 25 CLSA THE Shanghai B Index moved up 10.92 points to 882.21 on a turnover of US$4.5 million. The gain was achieved almost across the board. Friendship Store posted a rise of 6.7 per cent and Pilkington rose 4.8 per cent. The Shenzhen B market ended 1.61 points higher at
      CLSA  -  479 words
    • Article, Illustration
      Lock icon TOKYO
      2489 25 Reuter TOKYO A dearth of fresh incentives kept Tokyo stocks within an exceptionally tight range, leading the Nikkei share average 8.30 points or 0.04 per cent softer at 20,592.12 by the close. Traders doubt it will break free from its 20,*****,800 range anytime soon. "People don't know what to
      Reuter; Source: Bridge Info  -  2,489 words
    • Article, Illustration
      Lock icon BANGKOK
      1793 25 Reuter BANGKOK Stocks rallied through the day as active buying of blue chips alternated with slight profit-taking in finance and property counters, brokers said. The SET Index closed at the day's high, up 32.29 points at 1,492.53. Turnover was 14.21 billion baht. Gainers led losers by 212 to 100.
      Reuter; Source: Bridge Info  -  1,793 words
    • Article, Illustration
      Lock icon JAKARTA
      1155 25 Reuter JAKARTA Share prices closed higher in moderate trading with industrial stocks driving the market. The Official Index rose 1.50 points to close at 509.26. "A range of industrial stocks were well bid today. Although trading has not been that exciting or on huge volumes, it has been very
      Reuter; Source: Bridge Info  -  1,155 words
    • Article
      CLOB INTERNATIONAL
      2421 26 Bcnaya L Wt99 6.807.000 Idris Hyd 50c 6.416.000 Muhi-Purpose 4.394.000 Mulpha I nil 50c 3.854.000 Promet 3.591.000 kamunting 50c 3.23I.OOO Bcnaya Group 2.761.000 IGB Corpn TSR 2.597.000 AMDB 50c 2.095.000 HLcong Prop 50c. 2 019 555 Lien Hoc TSR97 l<W '-555 Maiinum Corp 50c— 1.886.000 Sdrropcflics 1.879.000 Idns
      2,421 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks up on Al-Arqam news, election hopes
        5659 26 Bloomberg Business News KUALA LUMPUR Stocks rose for a second day on signs that the government's recent crackdown on a local Islamic movement is not likely to stir up political instability as some have feared. Also, some investors' expectation that an election could
        Bloomberg Business News; Source: Bridge Info  -  5,659 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7010 27 Or C* M y .,1 D,, |m Qhm Di» D(» VM N« Ci» Ai| High Low Cwapaa) Sal* (000) High Ijom Ba>n Seller Or P/E $«ll Price INDUSTRIAL AND COMMERCIAL I4JO *35 t s Vcma 1000 +5 84 1010 995 995 1000 17.5 4.7 1 8 16 0 689 J
        7,010 words
      • Article, Illustration
        Lock icon Firmer Wall St, M'sian prices fail to lift local prices
        1815 28  -  By R Sivanithy SINGAPORE In spite of a slightly firmer performance in Malaysia and a continued strengthening of prices on Wall Street, the Straits Times Industrials Index was yesterday unable to sustain a push above the 2,300 mark, while prices
        Charts by Bridge Info; Source: Bloomberg  -  1,815 words
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      197 17 SIA in USslsm Viet cargo handling tie-up, Shipping Times Pg 1 nr a <j i la s LigX <U AMMAN OF GREAT V INTAGES Mouton Rothschild 1945 ***** Margaux 1900 S3 SOS \ll prices listed are in Mouton Rothschild 1961 S 998 Margaux 1942 ***** Singapore Dollars perbottle: Mouton Rothschild
      197 words
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      182 17 NEWS VALUE How today's news might affect your Minks S pore hotel occupancy rates surge to near full capacity (PK H Hotel stocks have generally been neglected. News might draw some attention to them. Wing Tai gets Rothmans site for record $641 psf (w> 1) Land particularly valuable to Wing
      182 words
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      152 18 Dividends table has been held over BUSINESS TIME S TOLL-FREE TEL. No. 1-600-741-1883 FAX: 741-1296 Management Consulting We are an Asian-based firm working for major European and North American multinational clients in the areas of corporate strategy and its implementation, business re-engineering and change management. We currently have openings for
      152 words
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      90 19 MORE THAN BANKERS, BUSINESS PARTNERS ONE SYMBOL THAT'S MADE STANDARD CHARTERED'S CUSTODIAL SERVICES EVEN MORE ATTRACTIVE. ISO 9002. Standard Chartered Equitor Group is symbol is a true measure of the international renowned for its Asian custodial services. So much standards of quality we have achieved. Not to so that it
      90 words
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      682 20 \Prima J2imited. (Incorporated In tha RaputoHc of Singapore) The Directors of Prima Limited are pleased to make the following announcement: UNAUDITED RESULTS FOR THE FIRST HALF-YEAR ENDED 30 JUNE 1994. The Company The Group ±L 30 06.94 30 06 93 30.06.94 30 06.93 Company Group SS'OOO SS'OOO 1 (a) Turnover
      682 words
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      711 21 Den norske Bank as BALANCE SHEETS PROFIT AMD LOSS ACCOUNTS Amount! In NOft mWton <wUh»IOK«Ww A,™ ,sr >•« Cash, PostgiroanddepojiuNorgeibank 11l KSSSMSSE« 'US SSI Negotiable certificates/treasury Mb 2167 l-.0, 10/83 9 851 in shares, etc. 1 339 1 966 NET WTEREST AMP CRHMT CQMMttSION MCOiK SI7I 447S Total short-term Investments
      711 words
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      358 23 BUSINESS TIM _E_S__ TOLL-FREE TEL. No. 1-800-7*l-1883 PAX 741-12 M THE COMPANIES ACT, CAT. St WtNDFORCE METAL WORKS ENGINEERING PTE LTD (In Mcmbcn' Voluntary Wlndtaf Up) At an Extraordinary General Meeting of WINDFORCE METAL WORKS A ENGINEERING PTE LTD duly convened and held on the 23 August 1994 the following
      358 words
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      Page 23 Advertisements Column 2
      34 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Make new business contacts through classification 203 in The Straits Times Classified, cjita. |737-l»**
      34 words
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      49 25 ACTAL NEUTRALISES STOMACH ACID. ——r— Actal neutralises stomach acid, giving quick relief from stomach discomfort, jf fast-actm/maoo JSC li a Stfri inc 9 as^r c P a n > irxliges- L mi£ves gastric pain, Jpn 1 1 \r HEARTBURN AND UPSET STOMACH H S Health tion and heartburn, k m
      49 words
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      56 27 i SINGAPORE COMMUTER offers CORPORATE TRAVEL CARD a credit card now pay later Special dial-a-cab number for members Consolidated Monthly Statement of Accounts other Services: Airport Meeting, Airport Transfer, Customised Travel Services r?sgpgg/P0R T SHOTS vv The ,atest ,n sea a,r I and ,and trans P ortat,on i *i Shipping
      56 words
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      188 28 NOTICE Lj THE SIAM COMMERCIAL BANK, LTD I Negotiable Floating Rate H United States Dollar Certificates H of Deposit due in February, 1998 H In accordance with the provisions of the Certificates of H Deposit, notice is hereby given that for the Interest Period H from 31 August, 1994 (inclusive)
      188 words
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      Page 28 Advertisements Column 2
      236 28 Bus^^sniins TOf T.-PRRR TF.I. No. 1-800-741-1883 FAX:74I-1298 NOTICE M I) THE THAI MILITARY BANK, LTD I USD 150 mio Floating Rate Certificates H of Deposit due 1999 I In accordance with the provisions of the Certificates of H Deposit, notice is hereby given that for the Interest Period H from
      236 words
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      Page 28 Advertisements Column 3
      311 28 In tw Matter of The Compsniss Ad. Cap£o and Intoe Maaerol ADVOfT NETWORK COMMUMCAnONB PTE LTD On Members' Voluntary Liquidation) At an EMoßfmiy General Meeting of toe abovanamed Company duly convened and held at 2 HMtock Road, #07-07 Apotio Centra, Singapore 0105 on Tueadey, the JHi day of August IBM,
      311 words
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      Page 28 Advertisements Column 4
      322 28 M THE MATTER OP THE COMPANIES ACT, CHAPTER SO ANO M THE MATTER OP AGROPROM SINGAPORE PTE. UNITED (IN MEMBERS'VOLUNTARY UOUtOATION) At an Extraordinary General Meeting of the members of Agroprom Singapore Pie. Limited, duly convened and held at 685 North Bridge Roed #0808. Blanco Court, Singapore 0718 on Monday
      322 words
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  • ShippingTimes
    • Article, Illustration
      SIA ties up with two Viet parties in US$15m cargo handling venture
      542 29  -  From Rahita Elias in HANOI SINGAPORE AIRLINES yesterday sealed a US$l5 million (5522.5 million) joint venture with two Vietnamese parties to provide cargo handling services at the Ho Chi Minh City airport to meet booming demand. And in
      542 words
    • Article
      Lock icon JB yard aims to treble output to 60 boats a year
      204 29 Bernama JOHOR BARU Grand Banks Yachts Sdn Bhd, a manufacturer of luxury yachts at Pasir Gudang near here, expects to increase its production to 60 craft annually, it was announced on Monday. Its factory manager, KH Ewe, said it
      Bernama  -  204 words
    • Article
      Lock icon Two US cruise operators quit dedicated markets
      514 29 Bookings did not meet earners' expectations Reuter MIAMI Less than a year after launching cruise divisions targeting specific demographic groups, two major US lines are abandoning ship. "The market we thought was there just isn't there," said spokesman Tim Gallagher, explaining Carnival Corp's
      Reuter  -  514 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1091 29 Page Col ABC Containerize 16 4 i Accord Group 8 1-3 < Ahlers Line 13 5 Ahrenkiel Liner 4 1/2 *< ANL 3 1/2 Antaco Mgmt 17 4/5 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 5 ASCL 5 5 Assist Marine
      1,091 words
    • Article
      Lock icon M'sian navy negotiating with US to buy tank landing ship
      224 29 AP KUALA LUMPUR, Malaysia The Royal Malaysian Navy plans to buy a tank landing ship from the United States Navy, the naval chief was reported as saying yesterday. Malaysia is negotiating to bring down the MslB million (S$ 10.53 million)
      AP  -  224 words
    • Article, Illustration
      SOPS to expand Loyang base's berthing capacity
      385 29  -  By Alec Almazan SINGAPORE The owner/operator of Singapore's leading offshore supply base at Loyang is expanding the berthing capacity of its jetty there. Singapore Offshore Petroleum Services Pte Ltd (SOPS) has awarded a $6 million construction contract to Sembawang Construction Pte Ltd (Semcon)
      385 words
    • Article, Illustration
      SATS tapping booming regional markets
      729 30  -  The company has just tied up with two Vietnamese firms. Rahita Elias, reporting from Hanoi, looks at its expansion plans Rahita Elias SINGAPORE Ajrport Terminal Services (SATS) is aggressively beating a path into Asia in a bid to cash in on the booming regional markets.
      729 words
    • Article
      THE SHIPPING GUIDE
      13369 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      13,369 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        717 46 Vend Voy No Berth Vrwal Departure Vessel Voy Wo Berth Arrival Departure Iwaac Pert Ig Pnok IS TO jton<p«* 3108/0*00 V«S8 281 118/19 *x*s*lf 31.08/2300 ntanakul 012 P01A alongside J'2*2! Satan Ma* N141 il alongside 3108,0200 Afloio Out 403 P08* 31« ?300 WOJ O/OO Cafta St* >13
        717 words
      • Article
        CONTAINER SCHEDULES
        1349 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Batance Rsfts Ship Voy No Etb/Btr Period From To From K38 02/2000 1* 30/1500 30/1659 30/1300 ta a 30,1/00 31/0669 31/0900 4 31/1200 31/1459 31/1700 133A 31/1500 1* 30/1500 30/1659 30/1900
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    • Article
      TRANSPORT DIARY
      326 46 COURSES Title: Certificate in Logistics Management (SDF case-by-case) Duration: Aug 24 Sep 28 Organiser Singapore Institute of Materials Management Tel: For more information contact 295-4427 or fax: 298-4012. Title: Sea Transport (SDF 70%) Duration: Aug 24 Nov 30 (14 evenings) Organiser Singapore Freight Forwarders Association Tel: For more
      326 words
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      Page 29 Advertisements Column 1
      43 29 Drager I SAFETY EQUIPMENT PASO MARINE mBR Specifically Dnifacd Bnadunt Apparatus roc Maiitima Application HIGH QUALITY HIGH PUfORMANCK -">■ HIGHLY AFTOKDAILK Draeger South East Asia Pie Ltd 67 Ayer Rajah Cieaccnt *06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING
      43 words
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      Page 29 Advertisements Column 2
      25 29 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      25 words
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      Page 29 Advertisements Column 3
      29 29 SATS tapping booming regional markets, Pg 2 PAL resolves dispute with Airbus over plane order, Back Pg PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times
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      Page 29 Advertisements Column 4
      14 29 VISA FREIGHT SERVICES PTE LTD 1 VI THE TOTAL TRANSPORTATION PEOPLE "3 1800 *****66
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      Page 30 Advertisements Column 1
      1801 30 Warn IMPORT.IMPORT..* I I—l MUMMI I OTHIB BMTIMAHOMS I I MMH MHBAJ —I ~~i I -til ma «0T STCMt LA OAK YC* SIA DAI HOUSTON CMC MY MEXICO CUT *SStl STO* BUENOS NKS MOWTE9KO MODE lAK9O SANTOS «TA MUMA fAMNAQIA YESSEI/VOY NO 10S AMEIfS OUIUt) WNCMW SMTTIE STOK I rutm
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      Page 31 Advertisements Column 1
      1914 31 sw*i /at dtp lin JARDIME SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD. I 020. WT«UWBJ«YA TEL: &J*7tn f« CfS M.7WKM2 L_ CH NUMBER: **********0 C ANG Ifr DOCUMENTATION TEL: *****55 (INWARDV32OO39O (OUTWARD) P TEL *****12 FAX *****14 (OPNS) I m CUSTOMER SERVICE TEL: 32«9192/3269 1 JOHOR BAHRU TEL! 02-07-*****70 FAX:
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      Page 31 Advertisements Column 2
      1652 31 ■□nmsasza EUROPE/C.1.5./SCANDINAVIA 3 TIMES A WEEK LOUIS MAERSK V.9410 ETA SIN IST SEPT 94 PENINSULAR BAY V.5757 ETA SIN 3RD SEPT 94 LIVERPOOL BAY V.5777 ETA SIN STH SEPT 94 VMMI Voy ETA ETD FMdared by S L-url M Conv-y DESTINATIONS it» rrA it a «Mk MAMT maersk vMoe CV
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      Page 32 Advertisements Column 1
      1500 32 AQABA FTOAM/ H ALSO ACCEPTMO FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H'BURG AWERP HAVRE YfEgy MALAYSIA LA SEINE ***** 31/8 17/9 20/9 '6/9 Port Kelang. Penang HOECHST EXPRESS 16/334 3/9 12/9 19/9 21/9 24/9 26/9 26/9 P«3tr Qudang KAGA 37/135 7/9 24/9 27/9 25/9 EAST MALAYSIA STUTTGART
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      Page 32 Advertisements Column 2
      633 32 AFGHANISTAN MAM Afghanistan Ltd., L Hairatan. Torghundl, isJamqala (Doqharun) C.1.5./RUSSIA: Vootoctmy, Vladivostok, Moscow, Baku. Tashkant, Irkutsk, Alma Ala, Athgabad. Oushanbt, Kiav N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN OKR Ned Hong Kong V.2304 06/9 09/10 Ned Africa
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      Page 32 Advertisements Column 3
      1182 32 NORASIA; WEEKLY DIRECT SAILING TO HONG KONG, SUSAN KEELUNG ALSO ACCEPTING Ifi j DALIAN, QINGDAO, SHANGHAI XINGANG (VIA BUSAM) CHIWAN HUANGPU (VIA HONG KONG) FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH S PORE GENERAL AfiENT: NORASIA A6ENCIES (S) PTE LTD ALSO ACCEPTM6 LCI TO; TIL: *****83
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      Page 33 Advertisements Column 1
      1618 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 mmMAhwamimmmmWiHMiM new guinea pacific lini jqwa? <a service of china navigation co) accepts CARGO M SAAS I C.L NUGA M-30 VOIE Muara. lib. KK 29-30 Au| 31 Auf 01 Sep FCL. LCL
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      Page 33 Advertisements Column 2
      1940 33 Atlfo PAO Containers (Singapore Agencies) Pie Ltd X V>VllW»***VA 10 Hoe Chiang Road Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE PNOCSP Fa 225 5327/222 7517 ..I I. I■■ 1-j'WPyi;'.' 1 ll r'— EXPORT LiH VCSSCI VOY ZCC GOT HOT HAM M SOU LIH ALQ *0 «N 'PKO "T*fS! VESSEL
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      Page 34 Advertisements Column 1
      668 34 GENERAL AGENT C R NO 11ft2781-***** ifflL EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE I HO CMimWM CITY PAGER HANDPHONE. PIREC T HENRY KOE ZMQM4 ra7M2l/M4HM HELYWChAH iIWtK 1 MANOJ i'MW HH7g I WillAMWtt MM In—M—u 1 T6 VIETNAM/HCM6 CONTAINER-FIEPgR SERVICE 1 CENTER-POINT g
      668 words
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      Page 34 Advertisements Column 2
      1233 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR wi SM hlfC HAUL SCA YVR POX FDR Wl SM |UK HAU. SA» lIM NYC WUUn\ON<MACH 0491 2/9 OKCT 22/9 24/9 25/9 HANJM 10NGKACH 049t 2/9 II WOGttSS 034£ 06/10 07/10 09/10 HANJM FU7A»IH 01JE
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      Page 34 Advertisements Column 3
      1234 34 m km «c me ws m o» Kt w no m oe w mc ink mm «m» nr hbc no aa m scp I i axmin nm« n i hpt 4/9 7/9 9/9 12/9 n/» u/9 is/9 is > i?/» n/i 10/10 12/10 11/u 22/10 21/10 20/1025/10 «/u 11/11 »/u
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      Page 35 Advertisements Column 1
      1811 35 I y 1! PLEASE CALL HI II 11 NEPTUNELINK (1800 *****00 TOLL-FREE) U II B9 II FOR THE FOLLOWING INFORMATION: II SB II VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ ■I Xr U FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ ■1 /T II AVAILABILITY OF DOCUMENTS FOR COLLECTION EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX)
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      Page 35 Advertisements Column 2
      884 35 A MULTILINE SHIPPING PTE LTD If (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64. *****51, *****31, *****13 X BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 -4 BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
      884 words
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      Page 36 Advertisements Column 1
      1430 36 44 AS AGENTS: "K" LINE (SIN6APORE) PTE LTD (C» NO; **********0M/GST KG NO: M 2 *****99 6) K TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W W MALAYSIA "t" LINE MARITIME (MALAYSIA) SON BHD Mm j TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A
      1,430 words
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      Page 36 Advertisements Column 2
      1269 36 ®A PPENS H I P (9) HAMBURG W V 3 CONVENTIONAL ft INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE/10ADMG FOR SUNBEAM I ANT w 03/8 SPORE 06/9 CARMBCAN PRINCESS VENTSPILS 06/08 HAM 09/08 ANTW 13/08 P GUOANG 13/09 SPORE 16/09 GOSPK RIGA
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      Page 37 Advertisements Column 1
      1008 37 'asssglll PACIFIC INTERNATIONAL LINES (PTE) LTD\ 140 Cecil Street, #03-00 PIL Building. Singapore 0106. 1| Mm I CR NO: *****6/OOOOE J VESSEL VOY SIN JKT S 4 EQUATOR CRYSTAL 19N 3/9 10/9 KOTA INOAH IDHOI9 4/9 7/9 11/9 I KOTA SABAS *****7 4/8 7/9 11/9 KOTA INTAN INTOO3 6/9 9/9
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      Page 37 Advertisements Column 2
      956 37 yOY SM II HAVRE HAMBURG THAMES ROTTERDAM ANTWURP HUE H mMM 105* 02/01 21/01 23/01 2*/09 25'09 21/0$ WILE OE lIK AfU UOSW 06/01 21/01 30 01 M/ 111 04/10 WUE DC LIBRA 105* 13/01 05/10 07/10 08 1" OT/1 U/W_ VULE OE CARINA COSW 12/10 13/10 IV>O 10 I</t0
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      Page 37 Advertisements Column 3
      841 37 MT MYANMA UUJA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf SAGAING V36W IN PORT HPA AN V2O4W 02/04 Sep 04/0® S«p MVOMAYWA VIS3W 02/04 Sep 06/08 Sep PAGAN V2I3N 15/17 Sep MALAYSIA AGENTS BOUSTEAD SHIPPING AGENCKS HUE TEL 03 *****00 PKL TEL 03-*****67
      841 words
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      Page 40 Advertisements Column 1
      2169 40 HEW SERVICE l FORTNIGHTLY 1 I HfcjIALAND Singapore's General COSTAB SHIPPING PTE LTD W (General): *****00 Sales* Booking: Agency Dept: fiShentonWm *1708 Fax *****66 Container. *****41/844 Container Src B/L *****02 Operation Container. *****15 DBSBId? Tower 2 J** CjBMWP Conventional: *****50 D/ 0: *****85 Conventional: *****46 Singapore 0106 Fax: *****08 Breakbulk
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      Page 40 Advertisements Column 2
      1295 40 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOONO PKI PEN WH Sl* HKG RAO TAI *EE YO* TRY MAG *06 OS* jjOl BUS_ WAN HAI ??1/NOO/ 2/7(5 28/08 30,08 0102/09 06/09 0//09 01/09 11/09 WAN HAI 713N013 *ToB 31 08 0702/09 (ft 09 06 09 08 09 09/09 *»N HM 70? NO/I 0?
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      Page 40 Advertisements Column 3
      190 40 /Cnorbul^\ I NORBULK CARGO SERVICES LTD. 1 I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES TUN IMG IN PORT 31/1 FLU/ANT/UK I ANANGEL TRIUMPH 15/9 22/9 FLU/ANT/UK I ALSO LOADS SABAH/ SARAWAK /WO PORTS I ISP PK LOADMG FOR I NORBULK TBN 15/9 22/9 DBN/CT I ALSO LOADS TAWAU. KK.
      190 words
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      Page 41 Advertisements Column 1
      694 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GROUPAGE SERVICE TO SOUTH AFRICA WEEKLY CALLING:DURBAN, JOHANNESBURG, CAPE TOWN PORT ELIZABERTH, EAST LONDON OTHER AFRICAN DESTINATIONS CONTACT: RITA OR KEN SIM HOT LINE: *****33 (24 LINES) PORT KLANG PH: 03/*****02 (10 LINES) 11
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      Page 41 Advertisements Column 2
      988 41 Bj 1 g| —jj —i^~r S£i 1 bhu < FH v* «|ve»Bcl VOY T "I* 1 1 —Sl V KoTA gggi W Hi RATHA BHUM 20N Thu Sun 4/sl WANA BHUM 2448 Tm 6/9 Bat_ 10/9 qCJA BHUM 4643 Men 5/9 Wad 7/9 NANTABHUM 206N Sat 3/9 Tua 8/9 ISfUBHUM
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      Page 41 Advertisements Column 3
      195 41 Guaraat—d Smiling* to: [BAWOCOK/LAEM CHABAM6/LAOS| 3/9 (SAT). 6/9 (TIE) POKT KELAHG/PENANG 1/9 (THU), 2/9 (FIB) HONG KONG 2/9 (fW). 6/9 (Til) JAKARTA 3/9 (SAT) HMNLA/CEBU/SUHC BAY t/9 (TUE) HO CH HNH 2/9 (FW) SURABAYA 4/9 (SUN) WISAH 4/9 (SUM) pi DONGNAMA LINE KM! SEP PR RMI PNR HC KM NOaORC
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      Page 41 Advertisements Column 4
      578 41 RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E iWHiMM r Lww <* ACCEPTING FCL AND CONVENTIONAL Vmml Voy ETA Loading For Abbay Wonz 41WB 07/11 Mombasa Djibouti AssaC Ma&sawa Abbay Wonz 42W8 15/12 Mombasa. Opbouti Aaaato. Massawa
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      Page 42 Advertisements Column 1
      1602 42 "WSSLB Xo«E: LINES) V-J V to* up, lamnam* SIBU (064) *****9 KUCHINQ (082) *****3 PENANO: (04) *****6 BANGKOK (662) *****67 MANILA (W2) *****61 P.KBLANQ: (03) *****77 JAKARTA: (21) *****07 BUWABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN s 30/8 31/8 1/9 HK6/BKK/KEE/KHH Genoa/Barcetona/Marseies 2/9
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      Page 42 Advertisements Column 2
      200 42 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ii* it* tt« SWtt NMI KIIMIG PtNANG Bllf MUX POST SAAEO Loading lot Male ■HWAi HUOHU IV 9 loading tor Dubai DOIPHN 12/1 4/9 Loading fot MaK nONEilt SIFK Ml 24 9 loading foe Mai* UMMIOH 6 9 Loading Foi Mate
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      Page 42 Advertisements Column 3
      959 42 P THONG SOON LINES PTE LTD 78 SHENTON WAY #10-01, SINGAPORE 0207 R V/W TEL: 227-5088 FAX: 227-6011 I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I 4 rwOM MKMT c r TA SINGA EXPRESS SINGAPORE TO SARAWAK SINGAPORE TO THAILAND VESSEL »or~ S PORE PEST VESSEL VOY
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      Page 43 Advertisements Column 1
      608 43 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTHG BREAXBUM SOC CUGCKS TO/FROM KOK. YOKOHAMA. NAGOYA. MOD. TOKYO*. MANIA*. OAVAO*. Penanj* P. Kelant Singapore E'Msia* KAMALEVERETT V22E 06/07 Sept OS/09 Sept IVYEVERETT VIOE 25/26 Sept SHAPLAEVERETT V22E 27/28 Sept 29/30 Sept ACCEPTING BMA#BUM fCI SOC CARGOES TO/FROM CHHTAGONG, CAICUTTA ANO MONGIA*.
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      Page 43 Advertisements Column 2
      238 43 is* mMY JuSSSm group REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 29/8 1/9 7/9 16/9 GLORY SELATAN X 6/9 8/9 14/9 SP KOMPONG SOM GLORY SELATAN V 13/9 16/9 LINER SERVICE USA, VANCOUVER,
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      Page 43 Advertisements Column 3
      522 43 jdk PAKISTAN NATIONAL I SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE ""wT* SIN WOKACMI ISLAMABAD 124 HW 1/M (BNKG) 9/9 8a AH 138-HW 9/9 24/> HYDERABAD 133-HW 22/9 3/10 MAKRAN 151 m 6/10 !</10 FAR EAST CONTAINER SERVICE ONLY vessel wT" bsw nag"" yok SARGOOHA 14< 0W 11/09 15/09 19/09
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      Page 43 Advertisements Column 4
      653 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO SOUTH AFRICA VESSEL/ VOYAGE SIN DUN JNB* H«* PI Z CRT' BEW MPV TAO HC/87 29/06 11/09 14/09 22/09 12/09 17/09 21/09 23/09 JIAN HE 86 11/09 25/09 28/09 06/10 26/09 02/10 05/10 07/10 HUIHE/108 26/09 09/10 11/10 20/10 10/10 13/10 19/10 21/10 Yl
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      Page 43 Advertisements Column 5
      268 43 SIN FAR EAST 06/09 KEELUNG/KAOHSIUNG 04/09 BANGKOK 04/09 MANILA/CEBU 04/09 JAKARTA/BELAWAN/SURABAYA 04/09 PORT KELANG/PENANG/E. MALAYSIA 04/09 BUSAN 04/09 TOKYO/YOKO/KOBE/NGO/OSA 04/09 HONG KONG SjN CHINA 04/09 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 05/09 LDN/FLX/LVP/SOU 05/09 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. S!N USA/CANADA 04/09 LOS ANGELES/NEW
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      Page 44 Advertisements Column 1
      813 44 PHIU-OniCNT LINGS PT€ LTP 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0H^ A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION 4 SEP SYDNEY, MELBOURNE, BRISBANE, FREMANTLE 3 SEP AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH, NAPIER, CHRISTCHURCH
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      Page 44 Advertisements Column 2
      298 44 y Conlerm CONTKRM FREIGHT (F.E.) PTE LTD. AUCKLAND 3 SEPT (Accepting to all Now Zaaland porta) PENANG 02 SEPT JAKARTA 04 SEPT PORT KLAN6 08 SEPT BANGKOK 04 SEPT MANILA 04 SEPT 07 SEPT SYDNEY 07 SEPT BRISBANE 07 SEPT FREMANTLE 08 SEPT ADELAIDE 09 SEPT 03 SEPT I 'ACCEPTING
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      Page 44 Advertisements Column 3
      404 44 CONSOLIDATION TO BUSAN Singapore I FIRST FORWARDFR IN OFFERING TWICE WEEKLY LCL SERVICE TO BUSAN db, IXI Td Fax INTERNATIONAL SEA FREIGHT A Singapore 778 6522 *****38/*****36 #1 AM) LOGISTICS SERVICES J9 Is Also has oft ices in:VUBSLr MALAYSIA lIIAII.AND PIIIMPPINKS EIAJJ lIONC KONG VIETNAM INDIA TAIWAN BRUNEI CHINA 7JBAA/TT-/A/J£.
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      Page 45 Advertisements Column 1
      1262 45 ISEAMA^GENTINMJNE^^I CONTAINERISED "HUB" SERVICE f I DIRECT TO ARGENTINA/BRAZIL URUGUAY V ALCXAMOCR SCHULTC CANOPUS 003 C 04/10 00/11 10/11 15/11 I 17/11 I 21/11 I 15/12 FRANCtSCA SCHUtTE 005E 27/10 02/12 03/12 05/12 I 10/12 14/12 I 07/01 1. ASUNCION VIA BUENOS AIRES PARANAQUA AND RIO VIA SANTOS 2. RK>
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      Page 45 Advertisements Column 2
      395 45 CEYLON SHIPPING CORPN R£jg) National line of Sri Lanka CONTAINERISED SERVICE TO U* AND NORTH COMIMMM. h>kl^ Ma i flwii \m ■it« mm* mm m/m mm nm mum un m> u/w ii/m m/m omo o«/n| w/ul u/io watMM WMM m»] 17/W ivw m/h |«/H|«W nun Hwaoau* w«3t-3 u/w mm n/io
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      Page 45 Advertisements Column 3
      499 45 JTc ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.51 lyftFfi N. KRUPSKAYA MMOMK PAVLOGRAD PETROOVORETS DEKABRtST PRIOZERSK ESI4 EBIS EOlB EBI7 OiS "19 BUENOS AWES' SaMed SaMed lilil t«H«8 11-13/09 30 08 14 09 MONTEVIDEO Salted Salad SaMed Sailed NIO OMAN DO 9U 9aMad Sa*ad 19-17/09 DURBAN MN Saßed 21/Q9S siNQAPORC"
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      Page 46 Advertisements Column 1
      402 46 The Baltic Freight report was unavailable on Aug 29, as the UK market was closed for Summer Bank Holiday. 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX; *****57 CR **********0N STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANG/SINGAPORE VESSEL VOY Mj I PKL VESSEL VOY I!! MCC CONVEYOR 9433 31/S/94 (WED)
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  • Page 46 Miscellaneous
    • Miscellaneous
      Page 46 Miscellaneous Column 1
      294 46 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 o*oo 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 23*£ 10 1.0 1.1 1.3 1.5 1.6 1.6 1.6 1.5 1.4 1.3 1.3 1.3 1.4 1.6 1.1 2.1 22 2.3 2.2
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      Page 47 Advertisements Column 1
      964 47 ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 rm« ng* tod* vtssas »ot sh rtm ant* leh* hw b«i m. 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. COMMANDO) 311W 12/09 30/09 02/10 03/10 02/10 02/10 04/10 14/09
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      Page 47 Advertisements Column 2
      463 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IMBOUND VESSELS VESSEL VOY 9 PI MC K MM JK! ORANGE SKY 23 J/J 4/9 1/9 ORANGE MOON 55 18/» 11/» (ITU) 14/9 <BM) ORfNT LU 2 12/9 14/9 EPOCH ACE I 4/9 t/9 SEN AKEBH 17 14/» l«/» OUTBOUND VESSELS
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      958 47 Ty T I JEDDAH/UK/CONTNENT STORE lED S'TON HSUR€ At)AM LEH Alm Acc«pt*| C»t« Fa HOE CHS! EXPRESS It/334 3/9 12/9 21/9 24/9 2C/9 2S/9 SwMwplw :toM UR dntoubn Brttst art M*i KAtA 37/135 7/9 24/9 27/9 29/9 Rottortfan .to al Antvop. Amlodan. OtM. Hchriu STUTTGART EXPRESS 95/335 19/9 19/9 2S/9
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  • AIR AND LAND TRANSPORT NEWS
    • Article, Illustration
      PAL resolves dispute with Airbus over plane order
      390 48  -  By Alec Almazan SINGAPORE Philippine Airlines (PAL) has reached a compromise in a wrangle with French aircraft maker Airbus Industrie over a deferred order to purchase four new planes. PAL signed a memorandum of understanding last month in which it will instead
      390 words
    • Article
      Lock icon China expected to have 500m cars by 2020, says TRW
      323 48 Reuter BEIJING China could have 500 million vehicles on its roads by the 2020, or more than currently in use in the world, the chairman of US car parts firm TRW Inc said in an interview yesterday. "I can envision
      Reuter  -  323 words
    • Article
      Lock icon MAS to launch flights to 3 Indon cities from Senai
      183 48 Bernama JOHOR BAHRU Malaysia Airlines will operate flights from Senai to three Indonesian cities via Kuala Lumpur in November. The service will link Senai with Jakarta, Denpasar in Bali, and Surabaya, said Johor mentri besar Muhyiddin Yassin on Monday after
      Bernama  -  183 words
    • LOGBOOK
      • Article
        Lock icon Study shows 6.5pc air cargo growth rate
        76 48 Reuter SEATTLE Boeing Co's Commercial Airplane Group on Monday said it has completed a study showing that air cargo traffic should grow at an average annual rate of 6.5 per cent over the next 20 years, versus the 8.0 per cent growth rate
        Reuter  -  76 words
      • Article
        Lock icon Macau, Finland to sign air service deal
        61 48 Bloomberg Business News HONGKONG The Portuguese-administered territory of Macau will sign an air service agreement with Finland only its second ever on Sep 9, the Portuguese news agency Lusa reported on Monday. Macau, which is building a USS9SO-million (SSI.4 billion) international airport, signed
        Bloomberg Business News  -  61 words
      • Article
        Lock icon Daewoo to set up unit in Frankfurt
        79 48 Bloomberg Business News LONDON South Korea's Daewoo Motor Company said it will establish a wholly-owned unit in Frankfurt to sell its own brand in Europe, the Wall Street Journal Europe said on Monday. Daewoo has a joint venture agreement with General Motors Corp
        Bloomberg Business News  -  79 words
      • Article
        Lock icon Farmers to be compensated for oil spill
        96 48 Reuter HANOI Owners of Taiwanese and Vietnamese ships which caused a huge oil slick when they collided on a river near Ho Chi Minh City in May have agreed to compensate farmers, a newspaper reported yesterday. The sum to be paid has not
        Reuter  -  96 words
    • Article
      Lock icon Swissair's Jacky Maeder ties up with Celadon
      180 48 Reuter ZURICH Air freight company Jacky Maeder AG, a unit of Swissair Schweizerische Luftverkehr AG, said on Monday it had combined its US activities with a unit of US freight company Celadon Group Inc. It has also taken a 3 per cent equity
      Reuter  -  180 words
    • Article
      Lock icon General Motors plans to build assembly plant in Syria
      425 48 Reuter DAMASCUS US motor giant General Motors is planning to build an assembly plant in Syria, the first of its kind in this socialist Arab state which has been starved of new cars for decades. Nicola Antakli, one of the investors
      Reuter  -  425 words
    • Article
      Lock icon Air France set to decentralise in bid to boost bottom-line
      468 48 Bloomberg Business News PARIS Nearly a year after he was sent in to rescue the crippled national airline, Air France chairman Christian Blanc is to decentralise the carrier in the hope of achieving elusive profits. The airline will put into
      Bloomberg Business News  -  468 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
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      101 48 Tomorrow in Business Times M.V. -SUNNY VENTURE" VOY. 9$ Arrived 27th Augu«t 1994 Conaigneea at all damaged cargoea u the captioned venel are hereby notified that a general survey will be held on the Ist September 1994 0900 -1200 hours at PTBA. No further survey will be entertained thereafter. Aa
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      Page 48 Advertisements Column 2
      4 48 Tomorrow in Business Times
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