The Business Times, 19 August 1993

Microfilm: NL18960
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    11 1 Business Times MITA (P) 552/12/92 Thursday August 19 1993 WE 75*
    11 words
  • 2am LATEST
    • Article
      Lock icon Bank of France chief named EBRD head
      68 1 AFP LONDON The Governor of the Bank of France, Jacques de Larosierc, was elected president of the European Bank for Reconstruction and Development (EBRD) yesterday, bank officials said. Mr Larosierc, 63, a former managing director of the International Monetary Fund, replaces founding bank
      AFP  -  68 words
    • Article
      Lock icon Sarajevo placed under UN control for 2 years
      66 1 Reuter GENEVA Bosnia's warring factions agreed to place their capital Sarajevo under United Nations control for up to two years after an overall peace accord, a UN spokesman said yesterday. Spokesman John Mills said the agreement was reached after 4'/2 hours of
      Reuter  -  66 words
    • Article
      Lock icon Egyptian minister escapes murder bid
      38 1 AFP CAIRO Egyptian Interior Minister Hassan al-Alfi yesterday escaped an assassination bid here by suspected Islamic militants which killed three people and wounded 18 others, but he vowed to continue fighting terrorists. AFP
      AFP  -  38 words
  • Article
    MARKET SUMMARY
    110 1 Stock market indices Wednesday (lunge STI1 1.951.40 +23.06 KLSE Composite 791.02 4 6.11 Nikkei 20.773.18 -68.80 HangSeng 7,560.97 +32.18 SET Index ...958.01 +12.39 Jakarta Composite ...383.43 +1.42 CLSA China D 961.7 +7.8 Ausl Ail Ord -1.894.7 +9.6 FTSE 100 3,073.6 +48 6 Wednesday PrwioM Ipm Hose Dow Jones
    110 words
  • Article
    Telecom may set new trend: IPOs with no underwriting
    792 1  -  By Joyce Quek, Genevieve Cua SINGAPORE The decision by Singapore Telecom not to seek underwriting for its massive initial public offer looks set to establish a new trend one that will deny banks the big bucks they make in underwriting commissions.
    792 words
  • Article, Illustration
    Lock icon We want you for President
    88 1 AND THIS GARLAND goes to my wife. Presidential nominee, Mr Ong Teng Cheong, was yesterday greeted by a large crowd at the election nomination centre. Joining union members were business and community leaders. Among them were banker Lien Ying Chow and Chinese business chamber chiefs
    (Photo by Yow Yun Woh of ST).  -  88 words
  • Article, Illustration
    Li Ka-shing plans condo project in Singapore
    496 1  -  From Yong Row Ang in Fuzhou HONGKONG billionaire Li Ka-shing wants a piece of action in Singapore's booming residential property market. Mr Li said yesterday he planned to develop a condominium if the authorities agreed to his request on plot ratio. But he
    496 words
  • Article, Illustration
    S'pore, HK markets hit records on strong buying
    194 1 SINGAPORE Share prices in Singapore soared yesterday as the Straits Times Industrials Index rose to its fourth consecutive high. The benchmark index closed 23.06 points up at 1,951.40 as retail investors focused on stocks costing less than $5 a share, such as
    194 words
  • Article
    Lock icon Forex traders brace for storm after today's Tokyo meeting
    175 1 Reuter NEW YORK The dollar stood softer at midday in US trading yesterday as players positioned themselves in a calm before the storm they expect will erupt after today's key Japanese ministers' meeting. Light purchases of marks for yen prompted by
    Reuter  -  175 words
  • Article
    Lock icon Indonesia eases visa ruling for tourists, businessmen
    198 1 AFP JAKARTA Indonesia will drop visa requirements for tourist, business and sports visits of up to two months for citizens of 45 countries, an immigration spokesman said yesterday. Immigration spokesman Mursanudin Abdulgani said the Justice Minister's decree on Monday was designed to promote
    AFP  -  198 words
  • Article
    Lock icon China to open more economic zones inland
    263 1 AP BEIJING Economic development zones, which have been concentrated on the east coast, will be opened inland and in western China to promote growth in the hinterlands. an official report said yesterday. Since the first 14 zones were opened in coastal China in
    AP  -  263 words
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      101 1 jißurberrys 1 f <rAK J/ Reigns when it pours J CONTENTS Hrk CififpiiM) S>re News 2 S pore*sa 9,10 Hfrunal News 3,4.6 financial 11 KwtdNew 8 Futures markets 23 Oob/KLSE, SIS 16,17 Utorul 22 Re«®nal 13 Sports 17 W«W 13 If/UteJyte 19 Currencies 11 Ljb 21 Stmex/Commo 11 Subscription let
      101 words
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      89 1 Innovation: Pg 20 Tl taps universities for research Invest Singapore hotline AS PART OF the National Share Education Programme, the Ministry of Finance will set up a hotline to answer enquiries on the public issue of Singapore Telecom shares and stockmarket investment. The hotline service will start from today and
      89 words
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      11 1 Hock Lock Siew: Pg 9 M'sian banks poised for record growth
      11 words
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      132 1 The Bottom Line: Back Pg Betting on gambling inj^hina F /2\ K\ n#4 m '1 h| B|L v wBf jigflß piJr >jg/ o BRI M) MAGLI SOU AGENT Marle« Marketing Pie Ltd Tel 734 9696 Fa* 737 6892 Boutiques Centrepoint »oi 3G Tel 737 4509 Paragon By Sogo «0I 19
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      21 1 W I I 7■J m I I 368 I Full reports, Pgs 14,16 Yen's damage, Pg 6 Analysts* forecast, Pg 11
      21 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Wholesale prices eroding further
        270 2  -  By Anna Teo WEAK external demand and strong competitive pressures in overseas markets continued to take their toll on wholesale prices. After dipping in the second quarter, the Singapore manufactured products price index and the domestic supply price index fell further in July, the preliminary numbers
        Source: Dept of Statistics  -  270 words
    • Article, Illustration
      Contest between two candidates gets off to eventful start
      580 2  -  Run-up to presidential election Reports by Anna Teo, Chuang Peck Ming ONE HOUR before nomination began, and it was obvious the kickoff to the Aug 28 presidential election featuring union chief Ong Teng Cheong and retired banker Chua Kim Yeow would
      580 words
    • Article
      S'poreans must decide who can stand up to govt: Teng Cheong
      413 2 SINGAPOREANS must decide which presidential candidate will have the political judgment and moral courage to stand up to the government, said Mr Ong Teng Cheong yesterday. Speaking at a press conference after the nomination, the NTUC secretary-general and former
      413 words
    • Article
      Credit Consultants' clients suing shareholders to recover money
      284 2  -  By Amy Balan SEVERAL clients of company director Tony Tay, who went missing after collecting $26 million from depositors, have resorted to legal action to recover their money. Palakrishnan Partners yesterday confirmed that it was suing two shareholders of soft commodities firm
      284 words
    • Article
      Plans to automate building permit application
      212 2  -  By Bernard Chew IN a few years, architects and engineers will no longer have to trudge to government agencies with piles of paper when submitting applications for building permits. The Ministry of National Development, with the National Computer Board, is developing a computer system
      212 words
    • Article
      SilkAir to operate first charter flight to India
      248 2 REGIONAL airline Silk Air will ofTer charter flights later this year to Bangalore, its first destination in India. The flight is one of three which the airline, a subsidiary of Singapore Airlines, is offering to meet the anticipated school-holiday demand. The other
      248 words
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  • THE REGION
    • Article
      Lock icon Indonesia won't sacrifice principles for aid: Alatas
      463 3 Jakarta takes a swipe at US over pressure for better labour conditions Reuter, AFP JAKARTA Indonesia, in an apparent swipe at US pressure for better labour conditions, has said it is against sacrificing basic principles to obtain economic aid. "Indonesia does not want
      Reuter,; AFP  -  463 words
    • Article
      Lock icon Report exaggerated size of Lippo investment in China: newspaper
      231 3 AFP JAKARTA A news report has exaggerated the amount of money invested in China by a leading Indonesian company in order to promote investment in China, the daily Republika said yesterday. "The large amount of investment by Lippo (Group) in China
      AFP  -  231 words
    • Article
      Lock icon Profits of 10 Indonesian state-owned industries plunge 86pc, says report
      236 3 AFP JAKARTA The cumulative profit of 10 state-owned Indonesian "strategic industries" plunged 86 per cent in 1992, the Bisnis Indonesia daily said yesterday, quoting unidentified financial sources. Bisnis said the 10 firms had a total profit of 12.86 billion rupiah
      AFP  -  236 words
    • Article
      Malaysia, Thailand to finalise details on oil search
      258 3  -  From Loh Hui Yin in BANGKOK MALAYSIA and Thailand will work out how oil and gas exploration contracts should be awarded in a part of the Gulf of Thailand which they jointly administer. Final details are expected to be tied up during
      258 words
    • Article, Illustration
      Lock icon Let sleeping bombs lie
      50 3 Reuter XIENG KHOANG, Laos These Laotian women seem oblivious to the bombs and shells on the street in this northern province. From 1964 to 1973, US planes dropped two million tonnes of bombs in Laos, many of them unexpioded and still scattered throughout the countryside. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Umno Youth slams Ghafar, suggests he may have to quit
      672 3 Run-up to the Umno polls Rare criticism comes amid backdrop of news stories attacking his re-election campaign Reuter, The Straits Times, Bernama KUALA LUMPUR In a rare criticism of a senior leader, the youth wing of Malaysia's ruling party suggested
      Reuter,; The Straits Times,; Bernama  -  672 words
    • Article, Illustration
      Lock icon Malaysia's power woes are over, says Tenaga chief
      405 3 AFP KUALA LUMPUR Malaysia's national electricity corporation yesterday declared an end to a chronic power shortage that had gripped the country since early this year, saying supply now exceeded demand. "For the first time in many months we are breathing much easier,"
      AFP  -  405 words
    • Article
      Pidemco Land told to reduce stake, take shorter lease in Hanoi hotel
      339 3  -  By Harish Mehta SINGAPORE State-owned Pidemco Land has been asked by the Vietnamese authorities to reduce its stake in a proposed luxury hotel in Hanoi and settle for a shorter lease. The planned West Lake hotel has "run
      339 words
    • Article
      Lock icon National Semiconductor to spend US$100m expanding Malaysian operations
      202 3 AFP KUALA LUMPUR American electronics giant National Semiconductor Corp (NSC) is to spend US$lOO million (SSI6O million) over the next five years to expand its operations in Malaysia, its vice-pres-ident Robert Whelton said yesterday. The additional investment was to transfer high engineering
      AFP  -  202 words
    • ASIA NOTES
      • Article
        Lock icon Japan may attend Apec meeting
        78 4 AFP TOKYO Japan is considering attending a meeting of Asia- Pacific Economic Cooperation (Apec) finance minsters, which the United States plans to hold in November, Jiji Press said yester- day. The news agency said the planned ministerial meeting might I follow the Apec forum in
        AFP  -  78 words
      • Article
        Lock icon Japanese land prices fall further
        91 4 AP TOKYO Assessed land prices used in calculating Japan's land and inheritance taxes fell for the second straight year in 1992, a government agency said yesterday. The National Tax Administration Agency said yesterday that at the start of this year, a square metre of roadside
        AP  -  91 words
      • Article
        Lock icon Viet industrial production up 10pc
        51 4 AFP HANOI Vietnam's industrial production rose 10 per cent in July from the same month a year earlier, according to data published yesterday by the national General Statistics Department. Overall first-half industrial production also climbed 10 per cent from the first six months of 1992.
        AFP  -  51 words
      • Article
        Lock icon Japanese grant for Indon university
        53 4 AP JAKARTA Japan is to provide US$l2.4 million (5519.8 million) to help establish a centre for Japanese studies at the University of Indonesia under an agreement signed yesterday. The agreement was signed by Japanese Ambassador Kimio Fujita and Wisber Loeis, Indonesia's director-general for foreign eco-
        AP  -  53 words
      • Article
        Lock icon Restricting business with HK
        104 4 Knight-Ridder HONGKONG China's State Council plans to tighten control of firms seeking business opportunities in Hongkong, the Beijing- backed Ta Kung Pao reported yesterday. The government will not approve any more applications from firms looking to trade in the colony in 1993, the newspaper said, adding
        Knight-Ridder  -  104 words
      • Article
        Lock icon Seoul, Taipei to set up mission offices
        69 4 Reuter SEOUL South Korea and Taiwan are expected to exchange representative offices in October, following their agreement to set up unofficial ties, a South Korean Foreign Ministry official said yesterday. Seoul and Taipei agreed last month to restore ties at an unofficial level.
        Reuter  -  69 words
      • Article, Illustration
        Lock icon Nurses on strike
        43 4 Reuter f DHAKA Bangladeshi nurses chanting slogans at a hospital here yesterday. Nearly 27,000 in more than 500 government I hospitals and clinics across the country have begun an indefinite strike to protest against a bureaucratic change of status. Reuter
        Reuter  -  43 words
      • Article
        Lock icon Aussie forecast too pessimistic: official
        90 4 Knight-Ridder SYDNEY A Reserve Bank of Australia board member said I yesterday that the government's growth estimates for the Austral lian economy in isolation from the rest of the world may be too pessimistic. Bob Gregory also said the government should be able to meet
        Knight-Ridder  -  90 words
    • Article, Illustration
      Lock icon Taiwan's President Lee re-elected party leader
      574 4 He names two political foes as his deputies in bid to heal rift in KMT AP TAIPEI President Lee Teng-hui was re-elected leader of the Nationalist Party yesterday, and he named two political foes as his deputies in a move to heal a rift
      AP; Reuter  -  574 words
    • Article
      Lock icon Taipei cracks down on inflows of funds from China
      242 4 Reuter TAIPEI Taiwan has launched a crackdown on illegal inflows of funds from China to settle trade deals, forcing some local and foreign banks to temporarily stop handling Chinese letters of credit. The government's Monetary Affairs Bureau said yesterday that it
      Reuter  -  242 words
    • Article
      Lock icon India vows not to surrender any territory to China
      258 4 UPI NEW DELHI India will not surrender "the slightest bit of territory" to China despite current bilateral efforts to ease border tensions and promote normalisation of relations. Foreign Minister Dinesh Singh said here yesterday. Mr Singh made the statement after the
      UPI  -  258 words
    • Article, Illustration
      Lock icon Tianjin opens zone for S Korean investors
      406 4 Reuter TIANJIN, China The eastern port city of Tianjin yesterday opened a zone for investors from South Korea, the first such area in China. Tianjin built the zone on 1.2 square kilometres in the Tianjin Economic and Technology Zone for foreign investors. The
      Reuter  -  406 words
    • Article
      Lock icon Chinese pair sentenced to 10 years in jail for hijacking jet
      217 4 AFP TAIPEI Two Chinese men were sentenced here yesterday to 10 years in prison for hijacking a passenger jet from the mainland to Taiwan, but they earned the sympathy of the judge for their act. Huang Shugang, 28, and
      AFP  -  217 words
    • Article
      Lock icon Pyongyang ready for talks with UN body on inspection of nuclear sites
      256 4 Reuter VIENNA North Korea is ready to resume discussions with the United Nations nuclear watchdog on opening its atomic sites to inspection, the International Atomic Energy Agency (lAEA) said here yesterday. Pyongyang's decision could open the door to
      Reuter  -  256 words
    • Article
      Lock icon N Korea warns South against resuming war games with the US
      309 4 Reuter TOKYO North Korea warned South Korea yesterday that it would react at once to the slightest sign of a resumption of joint United StatesSouth Korean war games on the peninsula. In a statement to Pyongyang's official Korean Central
      Reuter  -  309 words
    • Article
      Lock icon Seoul announces measures to boost agriculture
      196 4 AFP SEOUL South Korea has announced a package of measures allowing larger private landholdings to make farming more competitive in preparation for expected market liberalisation, officials said. The agriculture-fisheries ministry yesterday unveiled the long-awaited basic law on farmlands, under which South Korea's traditional family
      AFP  -  196 words
    • Article, Illustration
      Lock icon Tokyo Cabinet meets today to assess yen's damage to economy
      518 6 Reuter TOKYO Damage from the yen's rise will doubtless be high on the agenda when Japanese cabinet ministers meet today to mull over the nation's economic health. Economists warn, however, that the meeting's outcome may not be enough to convince
      Reuter  -  518 words
    • Article
      Lock icon India vows to develop rocket technology denied it by Russia
      284 6 AFP NEW DELHI India is confident of developing the rocket technology Russia has denied it under US pressure, Prime Minister PV Narasimha Rao said yesterday. Mr Rao told parliament that Moscow's July decision to cancel the 1991 contract to supply
      AFP  -  284 words
    • Article
      Lock icon Japanese firms expect 7.4pc fall in investment
      207 6 AFP TOKYO Japanese companies have revised downwards their investment forecasts for the year to March, expecting investment to decline by 1A per cent from the previous year, the Nikon Keizai Shimbun said yesterday. In February, they had expected the decline to be only
      AFP  -  207 words
    • Article
      Lock icon Japan's exports to Asia up by 40pc
      495 6 Reuter TOKYO Japan's exports to Asia have expanded in recent months at the expense of those to industrialised countries. Finance Ministry statistics show. The figures show that exports to Asia in recent months have expanded to 38-40 per cent of overall shipments, up
      Reuter  -  495 words
    • Article
      Lock icon Hosokawa likely to visit US next month
      222 6 Reuter TOKYO Morihiro Hosokawa, Japan's new prime minister, is likely to visit the US late next month to make his debut at the United Nations and meet US President Bill Clinton, an official said yesterday. "Nothing final has been decided but at this
      Reuter  -  222 words
    • Article, Illustration
      Lock icon Remarks over Kurile frost up relations
      335 6 Reuter TOKYO Japan reacted coolly yesterday to remarks by Russian Prime Minister Viktor Chernomyrdin that ruled out the return of the disputed Kurile Islands to Tokyo's control. "We are inquiring about what he (Chernomyrdin) actually said," said an official of the Russian division of
      Reuter  -  335 words
    • Article
      Lock icon Colgate raises stake in fight for Indian market
      501 6 Reuter BOMBAY US household products giant Colgate-Palmo-live will raise its equity in its Indian subsidiary to SI per cent from 40 per cent to defend its market share in India's burgeoning economy, the company announced. Colgate plans to defend itself in a
      Reuter  -  501 words
    • Article
      Lock icon Tax-rise package risky, bad for market: critics
      510 6 Reaction to Australian budget Reuter CANBERRA Australia's Labor government began the onerous task yesterday of selling its tax-packed budget to an irate public as skittish markets, fearful of a rise in inflation, sold off the Australian dollar and bonds. Newspapers branded Treasurer John
      Reuter  -  510 words
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      64 words
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      140 6 I SALES MARKETING I DIRECTOR, FAR EAST I (Circa S$l5OK p.a) I COGNOS FAR EAST PTE LTD. a world leader in application development tools, seeks a highly motivated individual for the above position. The ideal candidate should have several years of Sales/Marketing and managerial experience in the 4GL, RDBMS or
      140 words
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      253 7 What do these four men and one woman have in common? The True Spirit of Enterprise. ■nmsHOlHi NANCY ABEIDERRAHMANE Nancy Abeiderrahmane has set up a dairy in Mauritania that specialises in pasteurising camel's milk and cheese. FORREST M. MIMS 111 ALDO LO CURTO Forrest M. Mims 111 has invented a
      253 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        S'pore sends police officer to Comsa
        115 8 SINGAPORE Singapore is sending a senior police officer, Supt Foo Kia Juah. to serve in the third phase of the Commonwealth Observer Mission to South Africa (Comsa) 111 for three months from today. This is at the request of the Commonwealth Secretary-General Chief Emeka
        115 words
      • Article, Illustration
        Lock icon Sudan on US terrorist list
        80 8 AP WASHINGTON Former NBA player Manute 801, a native of Sudan, towering outside the US State Department here on Tuesday. He is leading a rally protesting human rights violations by Sudan. The US has condemned the Islamic African nation as a supporter of terrorism for
        AP  -  80 words
      • Article
        Lock icon Clinton to meet Caribbean leaders
        67 8 AFP FAYETTEVILLE, Arkansas President Bill Clinton will meet later this month with the leaders of five members of the Englishspeaking Caribbean Community (Caricom) at the White House. Mr Clinton will hold a working lunch with Guyanese President Cheddi Jagan, and the prime ministers of Jamaica,
        AFP  -  67 words
      • Article
        Lock icon US dept store sales down 0.5pc
        83 8 Reuter NEW YORK Seasonally adjusted US department and chain store sales fell 0.5 per cent in the first two weeks of August versus July, the Johnson Redbook Service said on Tuesday. Seasonally adjusted sales for the first two weeks were up 8.8 per cent
        Reuter  -  83 words
      • Article
        Lock icon UK inflation up in July
        86 8 AP LONDON British inflation rose slightly in July to 1.4 per cent, up from 1.2 per cent a month earlier, the government reported yesterday. Private economists had expected a modest increase, which they attributed to changing food prices. Seasonal food prices have fallen the past
        AP  -  86 words
      • Article
        Lock icon Nobel winners to be named in October
        66 8 Reuter STOCKHOLM This year's prestigious Nobel prizes will be announced in Stockholm and Oslo between Oct 11 and 15, the Nobel Foundation said yesterday. The prizes are worth 6.7 million kronor (SSI.3 million) each this year, an increase from 6.5 million kronor in
        Reuter  -  66 words
    • Article
      Lock icon US plans to give aid, not protection, to chip industry
      604 8 NYT WASHINGTON In a closely watched test of the Clinton administration's approach to strategic industries, the Commerce Department has drafted a plan to subsidise research on certain computer chip devices but has refused to protect the industry from foreign rivals,
      NYT  -  604 words
    • Article, Illustration
      Lock icon When the sons come a-calling
      58 8 Reuter TEL AVIV American John Dnqjaqjuk, cleared of charges in Israel of being the sadistic Nazi death camp guard Iran the Tenibk, was visited in his cell in Ramie yesterday by his son John Jr (centre) and son-in-law Ed Nishnk. Demjanjuk's cell walb are papered
      Reuter  -  58 words
    • Article
      Lock icon US second half economic growth seen at 2.5-3pc
      321 8 Knight-Ridder WASHINGTON Lower interest rates and stronger automobile production should help boost US economic growth in the second half of 1993 to about a 2.5 to 3.0-per cent annual rate, Treasury Deputy Secretary Roger Altman said on Tuesday. In an interview with
      Knight-Ridder  -  321 words
    • Article
      Lock icon Canada on winning end of trade pact
      284 8 Reuter OTTAWA Canada stands to reap overall economic gains from the North American Free Trade Agreement, just as it has benefited from an earlier pact that liberalised trade with the US, economists say. On balance, the 1989 trade pact with the US has
      Reuter  -  284 words
    • Article
      Lock icon Job market in Germany not improving
      308 8 Reuter FRANKFURT The Bundesbank said the employment market in Germany has shown no sign of improving yet. "In west Germany, experience shows that an increase in the workforce and a decline in unemployment is only to be expected a considerable time after the beginning
      Reuter  -  308 words
    • Article
      Lock icon EC wants imports to meet green rules
      327 8 Reuter KUALA LUMPUR The European Community is under pressure from activists to ban imports of Asian goods that do not meet Western environmental and labour standards, a World Health Organisation (WHO) consultant said yesterday. "Environmentalists, unionists and politicians are pushing for laws banning
      Reuter  -  327 words
    • Article, Illustration
      Lock icon German parties seek bigger global role for Bonn
      431 8 Reuter BONN With unusual unanimity, Bonn's main political parties are all searching for ways to reformulate foreign policy to allow Germany to play a larger role in the postCold War world. Clear decisions have been pending since unification in 1990, when Bonn
      Reuter  -  431 words
    • Article
      Lock icon US troops may serve under foreign officers
      511 8 NYT WASHINGTON Shifting away from the longstanding tradition of American commanders for American troops, the Clinton administration is considering an expanded role in UN peacekeeping operations that would include having Americans serve under foreign commanders. Administration officials say a presidential policy directive to
      NYT  -  511 words
    • Article
      Lock icon Rutskoi said to be linked to secret bank account
      257 8 Reuter MOSCOW A Kremlin corruption commission accused Russian Vice-President Alexander Rutskoi yesterday of involvement with a secret Swiss bank account it said contained millions of dollars smuggled from the country. Top commission member Andrei Makarov said he believed a network of
      Reuter  -  257 words
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      44 8 TUGS (Twin Screw) DECK BARGES 25M 1,600 HP 270' x 70* x 16' (ABS) (ABS) I Also available are others sizes of barges, I I tugs and coastal cargo vessels. IKEA RESOURCES PTE LTD IKEA I Tel: *****88 Ext: 315 326 HOLDINGS Fax: *****49
      44 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Intraco sells Burwill stake to NatSteel for HK$122.5m
      402 9  -  By William Chia SINGAPORE Trading group Intraco is selling its entire 102.12 million shares, amounting to a 16.9 per cent stake, in Hongkong metal company Burwill Holdings to Nat Steel Ltd for HK$ 122.55 million (5525.4 million). This works out to HKSI.2O
      402 words
    • Article
      Sembawang, Indian group tie up to offer consultancy services
      249 9  -  By Dexter Lee SINGAPORE Sembawang Shipyard and Indian conglomerate M A Chidambaram (MAC) have teamed up to provide marine and industrial automation consultancy services in India. Yesterday, their respective subsidiaries Sembawang Shipyard (India) Pte Ltd and South India Corporation (Agencies) Ltd
      249 words
    • Article
      Record close at Tibs stuns analysts, SES asks for explanation
      258 9 SINGAPORE Tibs Holdings rocketed to a record closing price on the stock market yesterday, baffling many analysts and raising the suspicion of the Stock Exchange of Singapore. The normally quiet bus and taxi counter rose a hefty $1.23 yesterday to
      258 words
    • Article
      Malaysia's banking sector poised for record growth this year
      753 9  -  HOCK LOCK SIEW By VVilliam Chia SINGAPORE The Malaysian banking sector, riding on the back of the robust economy and booming stock market, is poised to chalk up its best-ever performance this year. The seven leading financial institutions that have released
      753 words
    • Article
      Haw Par posts 20pc profit rise despite flat turnover
      473 9  -  By Teh Hooi Ling SINGAPORE Haw Par Brothers International recorded a 20 per cent rise in net earnings to $11.96 million in the first half of this year despite an almost flat turnover of $162.29 million. The better results came on
      473 words
    • Article
      30pc of applications to convert NOL preferred shares withdrawn
      215 9 SINGAPORE About onethird of those who submitted their Neptune Orient Lines' preferred shares on July 13 for conversion have withdrawn their applications. The carrier, which recently decided to apply the maximum rate to the conversions, said in a statement yesterday that
      215 words
    • Article, Illustration
      Lock icon SUMMARY
      319 9 Source: Bridge Info Performance «f STII's Index stocks Aug 18 Last Scmc INn Stock nk Ckat hdoramn (i) A«ino 1980 0.100 1.44 6.1) CAC 7 500 0 050 5 44 3.®T Ccrcbos 6 050 -0050 4 39 -307 FAN 14.400 10.44 GF Asia 3.040 2.20 Gen Mag 1.310 0.9}
      Source: Bridge Info  -  319 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Sumitomo to resume resin making
          82 10 Reuter TOKYO Sumitomo Chemical said yesterday it would resume manufacturing an essential computer chip-making material by the end of the year after an explosion at its factory in west Japan cut off around 60 per cent of world production. The control room, packing facilities and
          Reuter  -  82 words
        • Article
          Lock icon Taiwan Liton to boost M'sian output
          96 10 Bloomberg Business News TAIPEI Taiwan Liton Electronic Co, one of Taiwan's largest makers of electrical components, plans to raise production at a Malaysian plant by about 42 per cent between now and the end of the year, the company said yesterday. Liton plans to
          Bloomberg Business News  -  96 words
        • Article
          Lock icon 3rd China plant for Coca-Cola, Kerry
          92 10 Knight-Ridder HONGKONG Hongkong-based Kerry Group and US soft drink giant Coca-Cola will open a third joint venture soft drink bottling plant in China, Coca-Cola China Ltd. said in a statement yesterday. Kerry Beverages Ltd yesterday signed a letter of intent with two Chinese partners
          Knight-Ridder  -  92 words
        • Article
          Lock icon Benguet Corp's income up sharply
          108 10 AFP MANILA Benguet Corp, one of the Philippines' largest mining firms, saw its net income in the first semester of 1993 hit 323 million pesos (5518.5 million), up over 600 per cent from the same period last year, company officials said here yesterday. However this
          AFP  -  108 words
        • Article
          Lock icon Bombay brokers to pay registration fee
          83 10 Reuter BOMBAY A group of 39 brokers from the Bombay Stock Exchange (BSE) who had refused to pay a registration fee to the Securities Exchange Board of India (Sebi) have paid up following a court order, officials said. "They had no choice because the
          Reuter  -  83 words
        • Article
          Lock icon Japan soap king's first China venture
          102 10 AFP TOKYO Japan's Kao Corp said yesterday it had set up a joint venture in Shanghai to produce shampoo and other products for the Chinese market and other countries in Asia and the Middle East. The new company, Kao Corp Shanghai, is capitalised at
          AFP  -  102 words
      • Article
        Untitled
        435 10 SiNgiptrC IMt Tract income Bond Policy 3.47 360 The Commerce 1.43 I.JO Pi illMtjll The Savings Fund 1.32 1.39 PniLink Mgd Fund 1.20 1.27 S pore Prof Fund 0.61 0.64 S"pore Sec Fund 0.93 0.98*d ■WW BIMMpVTra S~pore Invest Fund 1.08 1.13 Fini B'putra 1.81 1.16 S pore Equity Fund
        435 words
      • Article
        Untitled
        625 10 Payaeat Ex Books Pay date cto«c date Alex Hldgs 50* b 6 Aug 31 Sep 6 Sep 28 Asia Pac Ld 50* b 2TE Jul 26 Aug 10 Sep 8 BAT 21* I 61.9 Aug 23 Aug 27 Sep 7 Bolton b 5 Sep 6 Sep 18 Sep 28 CDL
        625 words
      • Article
        Lock icon MAS, Mofaz Air alloted 20pc stake in 2nd M'sian airline
        480 10 MBT KUALA LUMPUR Air Asia is th&xnost likely name for Malays firs second international airline, with Malaysia Airlines and Mofaz Air set to spearhead the operational aspects of the venture, based on their equity holdings. These two companies have been
        MBT  -  480 words
      • Article
        UOB able to maintain final dividend rate of 10pc
        288 10 SINGAPORE United Overseas Bank said it will be able to maintain a final dividend rate of 10 per cent on a paid-up capital enlarged by its proposed bonus share issue and the conversion of share options and warrants. Earlier this month,
        288 words
      • Article
        Lock icon HP's 3rd quarter profit lower than expected, share price plummets
        403 10 NYT SAN FRANCISCO Hew-lett-Packard Co surprised Wall Street on Tuesday with thirdquarter earnings well below the consensus estimate, sending its share price plummeting. While earnings, revenues and orders all grew in the quarter, profit margins hit a new low, a
        NYT  -  403 words
      • Article, Illustration
        Manila plans 100pc rise in tax on share deals
        519 10  -  From Al Labita in MANILA MANILA Manila's plan to slap a 100 per cent increase in tax on stock market deals may discourage foreign fund managers, but officials think otherwise. "The market has become strong enough that an additional tax would
        519 words
      • Article
        Lock icon AMMB Holdings posts higher profit of M$204m
        253 10 Bernama KUALA LUMPUR AMMB Holdings Bhd has recorded a group pre-tax profit of M 5203.89 million (SS 128.5 million) for the year ended March 31 from M$ 166.70 million in 1992. At the company level, it saw a pre-tax profit of M 546.19
        Bernama  -  253 words
      • Article
        Creative Tech unit signs sound chip deal with AT&T
        239 10  -  By Bernard Chew SINGAPORE E-mu Systems Inc, a wholly-owned, US-based subsidiary of PC sound card maker Creative Technology, has signed a deal with telecommunications giant AT&T to license part of its musical instrument sound library for use with AT&Ts digital signal
        239 words
      • Article
        Lock icon Two Thai newspaper groups post lower interim gains
        253 10 AFP BANGKOK Two major newspaper organisations in Thailand have announced shrinking profits for the first half of this year. The Bangkok Post, an En-glish-language daily, said the Post Publishing Company posted a net profit during that period of 86.3 million baht (555.5
        AFP  -  253 words
      • Article, Illustration
        Lock icon FCL shares soar on unexpectedly good results
        499 10 Reuter AUCKLAND Shares in diversified New Zealand forester Fletcher Challenge (FCL) soared yesterday on better-than-expected annual results and a plan for a new class of shares. FCL, one of the world's largest pulp and paper producers with extensive forest and energy assets, was
        Reuter  -  499 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Analysts expect US$ to fall to 97.50 yen within 2 weeks
        313 11 Knight Ridder SINGAPORE The US dollar is seen tumbling to as low as 97.50 yen within the next two weeks if the key 100.00yen support level is broken soon, according to chart analysts here. One analyst at a Mideast
        Knight Ridder; Source: TeleTrac  -  313 words
      • Article, Illustration
        Lock icon Bank Negara acts to prop up US$
        455 11 Reuter KUALA LUMPUR While the US dollar is getting battered abroad, Malaysia's central bank is taking expensive rearguard action to prop it up against the local ringgit but not for long, dealers said yesterday. "The ringgit has hardly moved because the central bank
        Reuter; Source: TeleTrac  -  455 words
      • Article
        Thailand thinking of starting a rice future market
        275 11  -  From Alan Boyd in BANGKOK THE Thai government may set up a rice future market to counter price undercutting by Vietnamese producers and is considering inviting Hanoi to take part. A Commerce Ministry study found that the two countries, which are competing
        275 words
      • SMALL CHANGE
        • Article
          Lock icon CS Holding's shares open higher
          90 11 Reuter ZURICH— CS Holding shares opened 2.65 per cent higher after Credit Suisse, its flagship bank, reported a first-half group pre-tax profit of 2.41 billion Swiss francs, up 67 per cent from a year earlier. CS Holding bearer shares began at 2,900 Swiss francs each
          Reuter  -  90 words
        • Article
          Lock icon Privatisation of Philippine bank
          77 11 AFP MANILA The privatisation of another 8 per cent of the state-run Philippine National Bank (PNB), which would put it under private majority, is set for early 1994, a bank official said yesterday. PNB Senior Vice-President Fely Del Rosario said the sale would most likely be
          AFP  -  77 words
        • Article
          Lock icon Citibank HQ allowed in China
          64 11 Bloomberg Business News HONGKONG Citibank says it has become the first international bank to be allowed to open its headquarters for China inside the country. The People's Bank of China, the nation's central bank, has approved the establishment of Citibank's Country Representative Office in China,
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Nordbanken cuts first half losses
          78 11 AFP STOCKHOLM Sweden's leading bank, Nordbanken. on Tuesday reported a loss of 1.7 billion kronor (Ss34l.4million) for the first half of 1993, against a loss of 5.2 billion kronor for the same period last year. In March, Nordbanken reported a loss of 16 billion kronor
          AFP  -  78 words
        • Article
          Lock icon Rescue plan for Nichiboshin
          49 11 Reuter TOKYO Japan's major creditor banks are considering a new rescue programme to assist Nichiboshin Ltd, a financially troubled non-bank institution, a Nichiboshin official said. The official declined to comment on a press report that six creditors are moving to slash their lending rate. Reuter
          Reuter  -  49 words
      • Article
        Lock icon De Beers reports improved first half earnings
        292 11 Reuter JOHANNESBURG South African diamond giant De Beers Consolidated Mines Ltd and its Swiss-based arm Centenary AG reported improved first-half earnings on Tuesday, but said the new levels were unlikely to be maintained. Chairman Julian Ogilvie Thompson told a news conference in Johannesburg
        Reuter  -  292 words
      • Article
        Lock icon Swedish bank to raise US$660m through rights issue
        371 11 FT STOCKHOLM Scandinaviska Enskilda Banken, Sweden's leading commercial bank, withdrew its request for state support yesterday, after disclosing plans to raise Skrs.3 billion (US$66O million or 551.06 billion) through the largest rights issue in Swedish banking history. The bank also announced a
        FT  -  371 words
      • Article
        Credit Suisse S'pore branch sees good results
        198 11  -  By R Sivanithy SINGAPORE Credit Suisse's local branch expects to register strong earnings this year. The group said in a statement yesterday that its gross pre-tax profit shot up twothirds (67 per cent) to 5F2.41 billion for the six months ended June 30.
        198 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        147 11 TRADING in the currencies market was confined to narrow ranges as market participants awaited reports from Tokyo these past two days on the issue of a rapidly rising Yen. The USS/SS market saw a very narrow range yesterday with an apparent lack of interest from
        147 words
      • Article
        Lock icon London
        172 11 UPI LONDON Better-than-expec-ted news on inflation lifted sterling yesterday in European trading, while the German mark weakened against other European currencies. Dealers said news that annual British inflation rose to 1.4 per cent in July, a smaller increase than economists had expected, spurred a rally for the pound. Against
        UPI  -  172 words
      • Article
        Oil futures prices down on inconclusive stock data
        196 11 Bloomberg ENERGY REPORT LONDON Oil futures prices declined yesterday following an inconclusive stock report from the American Petroleum Institute, brokers said. Some traders had anticipated a further drop in petrol stocks after the 6.6 million-bar-rel-drop the previous week. On Tuesday night, the
        196 words
      • Article
        Lock icon New York
        92 11 Reuter NEW YORK The dollar stood softer at US midday as players positioned themselves in a calm before the storm they expect will erupt after today's key Japanese ministers' meeting. The dollar was quoted at 1.6810/20 marks at US midday. It was lower than the opening at 1.6910/20
        Reuter  -  92 words
      • Article, Illustration
        Untitled
        1531 11 LrMie-wrtuhwd index i-akvJated against S'parr'i top 14 train* partners Base year IW US$/S$ forward rates Noon Aug 18 SS ■U OOtt 1-month I 60S0 1 6065 2-month I 604I 1606J Vmonth 1.6045 1 6060 6-month 1.6033 1.6053. Sounr OCKjf Source: OCBC FOREIGN CURRENCY C*a NOTE RATES As at 10aa aa
        1,531 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends steady with traders sidelined
        1399 12 SIMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures ended little changed after a session of moderate dealings yesterday with most players sidelined ahead of the meeting of Japanese cabinet ministers today, traders said. The benchmark June contract ended at 97.15 against 97.16 on
        Reuter  -  1,399 words
      • Article
        KL tin recovers another seven sen
        605 12 COMMODITY REPORTS Tin TIN price on the Kuala Lumpur Tin Market rebounded to close seven sen higher at MS 12.23 per kg on some buying interest yesterday. Dealers said the market took its cue from the stronger London Metal Exchange which firmed USS3S overnight
        605 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Low premiums for US copper
          83 12 TOKYO By taking advantage of the spread between Comex and London Metal Exchange September copper prices, US copper producers are offering extraordinarily cheap premiums for September shipments to Asia, trade sources said yesterday. The US producers base domestic sales on Comex copper prices, while overseas
          83 words
        • Article
          Ivory Coast cocoa campaign
          97 12 KAMPALA, Ivory Coast The Ivory Coast 199 J-1994 cocoa campaign will open this year on Oct I as usual, the Ivorian Commodities Minister Alain Gauze said yesterday. Speaking to KnightRidder Financial News after attending the meeting of coffee producers here, Mr Gauze said: "We will respect
          97 words
        • Article
          Thai-Japan petrochem venture
          89 12 BANGKOK Thai and Japanese partners were to sign a joint venture deal on a 10-biUion-baht petrochemical project yesterday, an official of one of the Thai firms said. Thai Petrochemical Industry Co will have a 51-per cent stake in Thai Caprolactam Co, 'vhich will have an annual capacity
          89 words
        • Article
          China aluminium prices rise
          77 12 TOKYO Chinese aluminium prices have risen recently due to transport delays from flooding in eastern China, and due to the execution of export contracts for tolled production, trade sources say. Aluminium for August delivery settled at 12,050 yuan a tonne yesterday on the Shenzhen Metal Exchange,
          77 words
    • Article
      COMMODITY PRICES
      1475 12 Rubber IMS Cwiitj —>WP (futures dttlag m at lpa) tSS 1 CMtract (S cents/kg) CVoae Volume Open Month High Low Sett (ton no) Interest Sep 93 OOO OOO 132.75 0 iIB Oct 0.00 0.00 133.00 100 3.9)0 Nov 0.00 0.00 133.30 100 4.700 Dec 0.00 0.00 134.00 450
      1,475 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1263 13 +9.6 Australian shares closed up but off their morning highs yesterday, helped by strong overseas buying support following Tuesday's federal budget. The market surprised brokers when it opened slightly higher, shrugging off a jump in taxes on alcohol, tobacco and fuel in the budget. "Most people thought it would
        1,263 words
      • Article
        Taipei
        453 13 -17.41 Taiwan stocks reversed early gains to end lower on profit-tak-ing but brokers remained optimistic about the near-term outlook, saying political factors and economic fundamentals were fairly positive. The weighted index, which rose some 48 points in early trade, closed 17.41 points down at 4,104.75. Turnover rose to a
        453 words
      • Article
        Seoul
        466 13 +24.24 Bargain-hunting, optimism the government will come up with market-boosting measures and an inflow of funds with nowhere else to go combined to send Seoul stocks up 24.24 points to end at 713.18, brokers said. Brokers said investors were still banking on the government unveiling a package of measures
        466 words
      • Article
        New Zealand
        275 13 +63.8 Euphoria over a turnaround in forester Fletcher Challenge's annual profit catapulted the New Zealand sharemarket to its highest close in over three and a half years. Fletcher's annual profit of NZ5351.8 million, turning around a loss of NZ$l5B million the previous year, unleashed the biggest one-day market-wide
        275 words
      • Article
        Manila
        552 13 -7.5 Philippine share prices fell broadly in a much-awaited correction as leading stocks succumbed to profit-taking, dealers said. PLDT rose five pesos to 1,125 in line with its overnight gain on Wall Street to US$4O- from US$4O-3/8. The Manila and Makati composite indices fell by more than seven points.
        552 words
      • Article
        Bombay
        33 13 +39.62 The Bombay Stock Exchange (BSE) 30-share index climbed to 2,636.72 points before falling back and closing at 2,615.20, up 39.62 from Tuesday. The 100-share national index rose 30.74 points to 1,229.80.
        33 words
    • WORLD STOCK MARKETS
      • Article
        London
        653 13 +48J Shares in London rocketed to a new record high yesterday with a climbing Wall Street supporting a sharp rally on the London stock market on recovery hopes and evidence that inflation remains muted. The blue-chip FTSE--100 index, which jumped 16.7 points on Tuesday, shot up 48.6 points to
        653 words
      • Article
        Paris
        110 13 +24.46 Buoyant stockmarkets in New York, London and Frankfurt and the franc's stronger tone drove the Paris bourse to a higher dose in lively trade. The CAC-40 Index ended 24.46, or 1.14 per cent higher, at 2,160.75. Volume was a weighty 4.14 billion francs. m i farts Aa 18
        110 words
      • Article
        Stockholm
        118 13 +2.84pc Swedish shares rose sharply led by banks and pharmaceuticals as a frantic buying hunt sent the OMX-index up 3.16 per cent to a new record high of 1045.02. "There's a lot of liquidity, institutions are underweight in financial shares and European bourses are up," a dealer said. The
        118 words
      • Article
        Frankfurt
        171 13 +25.55 Share prices ended floor trade higher with the DAX at highest closing level for three years. Late futures-led buying emerged to support the German market. The 30-share DAX Index closed up 25.55 points or 1.3 per cent at 1,935.72. Frankfurt Aag IS DM Aft 181 50 8.00 BASF
        171 words
      • Article
        Brussels
        127 13 +3 Belgian stocks continued to inch higher amid optimism concerning the long term future of the Belgian economy, analysts said. The Bel-20 Index rose 3 points to 1,360.59, after 280,000 shares changed hands compared with 240,000 on Tuesday. The index has climbed 20 per cent this year. Brussels Aa|
        127 words
      • Article
        Amsterdam
        246 13 +4.42 Dutch shares closed higher afler a busy day which saw attention focused on consumer shares, particularly food and publishers, and cyclicals took a back seat. There was no big sell-off of cyclicals but dealers said buyers were definitely moving into those shares which had been left out of
        246 words
      • Article
        Zurich
        291 13 +22.4 Swiss blue chip stocks rose 1% in moderate volume today, buoyed by Credit Suisse's 67% increase in first-half gross profit, traders said. The Swiss Market Index, which tracks the values of the top 18 blue chip stocks closed at 2,478.20, up 22.40 points, and just shy of the
        291 words
      • Article
        Johannesburg
        291 13 +26 South African industrial shares pushed higher through the day to post steady gains as investors looked to selected shares amid nervousness in com-modity-related stocks, dealers said. The gold index ended the day two points higher at 1,756 and the industrial index added 26 points to 4,568. The overall
        291 words
      • Article
        Toronto
        316 13 +24.66 Toronto stocks marched to a new six-year high in early dealings yesterday, with strong gains in most sectors, dealers said. "The markets in the States are doing well, Europe is doing well, we're doing we 11... all on the back of lower interest rates," one trader said. The
        316 words
      • Article
        New York
        828 13 +21.52 Blue chips explored record high territory yesterday, pushed ahead by strength in drug and consumer goods stocks. The Dow Jones Industrial Average was up 21.52 points at 3,608.50 at 1 pm EDT, breaking through the 3,600 level for the first time. Advances led declines 11-7 on New
        828 words
      • Article
        Untitled
        688 13 Britannia Funds SMriiag Cash Bid OUer Mm Cap DepoM M 6400 it 6500 Mini Jenev Gik 0.i»9) ***** Mim Mu Income I 0400 I 0M0 L S$ Cask Income Plus Fund *104*00 *11 0400 PS t Reserve Fund J 2100 5 2200 ...0.4592 0 49M Far East Fund *2 7650
        688 words
    • Article, Illustration
      Lock icon HONGKONG
      2758 14 Reuter HONGKONG Hongkong shares closed higher yesterday with the main index ending at a third straight record on overseas demand for blue chips, brokers said. The Hang Seng gained 32.18 points to finish at 7,560.97, but off slightly from an intraday high of 7,570.00 set Tuesday afternoon. Profit-taking dragged
      Reuter; Source: Bridge Info  -  2,758 words
    • Article, Illustration
      CHINA
      493 14 THE CLSA Shenzhen B Index closed up 8.7 points at 918.4 yesterday. Vanke was the most actively traded stock in Shenzhen. The company is expected to announce good interim results today. The CLSA Shanghai B Index closed down 1 point at 823.7. The deputy mayor of Pudong has announced
      493 words
    • Article, Illustration
      Lock icon TOKYO
      2520 14 Reuter TOKYO Stocks ended modestly lower in light, directionless trade yesterday. People shunned fresh positions on uncertainty in the yen and ahead of today's special economic ministers' meeting, brokers said. However, speculation of easier credit underpinned prices. "Many investors returned to work today, and they must have found that
      Reuter; Source: Bridge Info  -  2,520 words
    • Article, Illustration
      Lock icon BANGKOK
      1692 14 Reuter BANGKOK Thai stocks regained almost all the ground they had lost in the past two days on active trade yesterday, pursued almost exclusively by big local investors. brokers said. The SET Index was up 12.39 at 958.01 at the close, with just over seven billion baht worth of
      Reuter; Source: Bridge Info  -  1,692 words
    • Article, Illustration
      Lock icon JAKARTA
      905 14 Reuter JAKARTA Jakarta stock prices closed mixed in moderate afternoon trading yesterday, dealers said. The official index closed 1.42 points higher at 383.43. "Some people were on a prof-it-taking spree, but others were still interested to buy." one dealer said. He said rumours were circulating that the government might
      Reuter; Source: Bridge Info  -  905 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2428 15 Source: Bridge Info Source: Bridge Info MQ6T ACTTVf vgfcgjj M Bf Captul 7.971.000 Mm Hyd SOc 3.327,000 FACB 30c 2.719.000 Bouftcad JOc 2.409.000 Ptf) Msu 2.344.000 Tin Cheng SOc 1.814.000 Promel 1.634.000 Kjmuntint 50c 1,144,000 GIL US$0.10 1.088.000 MBf Hldn JOc 934.000 KcnonfBM JOc 496,000 Bedford JOc 662.000
      Source: Bridge Info  -  2,428 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Strong buying of blue chips sends index to new high
        5176 15 Bernama KUALA LUMPUR The Kuala Lumpur share market finished on a high note yesterday with the benchmark indicator hitting a new all-time high on strong buying of selected blue chips. The 8 5-issue KLSE Composite Index rose 6.11 points to
        Bernama; Source: Bridge Info  -  5,176 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon STII hits fourth straight high on retail buying
        7412 16  -  By Sylvia Wong SINGAPORE The Straits Times Industrials Index powered to its fourth consecutive record yesterday, closing 23.06 points higher at 1,951.40 on the back of strong retail interest. Brokers said most of the buying was by small investors. They chased lower-priced
        Source: Bridge Info  -  7,412 words
      • Article, Illustration
        Lock icon Marco Polo Devt
        81 16  -  HOT STOCK Quak Hiang Whai MARCO Polo Developments is trading just below a major resistance of 5i.36, which is also this year's high. Having recovered most of its losses in the last few months, the stock looks unlikely to rise much further in the near future. But
        SOURCE: BRIDGE INFO  -  81 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
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      73 words
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      Page 12 Advertisements Column 1
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      65 words
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      Page 12 Advertisements Column 2
      58 12 CLASSIFIED A CLASS OF ITS OWN g GIVE THE READER SPECIFIC INFORMATION. You will sell your advertisement much more quickly if you include a very specific and accurate description of the item such as colour, size, oondition, brand name, age, features and benefits in the advertisement copy. Make A Difference
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      Page 12 Advertisements Column 3
      7 12 t®if ers t Mb the i"®' o
      7 words
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      Page 14 Advertisements Column 1
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      Page 15 Advertisements Column 1
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      32 16 Learn the art of making split-second decisions. (k (QmdtfyJ At The Hour Glass, Centrepoint, 27th August 6th September 1993, 10.30 am 7.00pm (Monday to Saturday); 11.00 am 5.00pm (Sunday). The HourGlass H
      32 words
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  • SPORTS
    • Article, Illustration
      Lock icon America, Africa share the honours
      932 17 4th World Athletics Championship AFP STUTTGART American and African runners shared the honours on a spell-binding fourth day here on Tuesday. Michael Johnson and Jearl Miles won the men's and women's 400 m for the US while Mozambique's Maria Mutola her women's 800 m opponents
      AFP; Reuter  -  932 words
    • Article, Illustration
      Lock icon Joyner-Kersee holds on in the heptathlon
      369 17 NYT STUTTGART Bob Kersee had no doubt. "It was her greatest victory ever," he said. Jackie Joyner-Kersee, who often disagrees with her husband and coach, agreed this time. "I believe this was my greatest triumph," she said, "because of the competition and the situations
      NYT  -  369 words
    • Article, Illustration
      Lock icon Vijay Singh at home among the superstars
      424 17 Golf Reuter TOLEDO, Ohio Vijay Singh, a native of Fiji who lives in London, seemed to feel right at home among the superstars of golf at the PGA Championship. The 30-year-old international campaigner, who has won tournaments in the US, Europe, Asia and
      Reuter  -  424 words
    • Article
      Lock icon Golf symbolises Czech rush for capitalist chic
      471 17 AP MARIANSKE LAZNE, Czech Republic Golf has become the latest status symbol in the Czechs' headlong rush to embrace every aspect of capitalism from the mobile phone to BMW cars. From a still-unbuilt club outside Prague that charges more than US$3,OOO (554,830) for
      AP  -  471 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Athletics
        117 17 AFP STUTTGART World Championships finals Tuesday: MEN 400 m: 1 Michael Johnson (US) 43.655 ec 2 Butch Reynolds (US) 44.13 3 Samson Kit ur (Ken). 800 m: 1 Paul Ruto (Ken) lmin 44.715 ec 2 Giuseppe D'Urso (lta) 1:44.86 3 Billy Konchellah (Ken) 1:44.89. Discus: 1 Lars Riedel (Ger)
        AFP  -  117 words
      • Article, Illustration
        Lock icon Baseball
        84 17 Reuter NEW YORK American League Tuesday: NY 11 Texas 4 (Ist game); Texas 3 NY 2 (2nd game); Chicago 3 Boston 2; Toronto 6 Cleveland 4; Kansas City 3 Minnesota 2; Oakland 6 Milwaukee 3; Detroit 9 California 3; Seattle 5 Baltimore 3. National: Chicago 7 Montreal 2 (Ist
        Reuter  -  84 words
      • Article, Illustration
        Lock icon Olympics
        102 17 Reuter BONN Olympic chief Juan Antonio Samaranch said in an interview released on Tuesday that Berlin's bid to stage the 2000 Olympics was of world importance. "I think Olympic Games in Berlin would be especially important if one remembers what happened in Berlin in the past immensely important for
        Reuter  -  102 words
      • Article, Illustration
        Lock icon Tennis
        498 17 UPI Reuter Reuter AFP NEW YORK Mary Pierce has revealed that her controversial father physically abused her and drove her to the point where she was forced her to hire bodyguards for protection. Pierce, who is ranked 14th in the world, made her revelations about her father. 57-year-old Jim
        UPI; Reuter; AFP  -  498 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      82 17 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 KUOK (SINGAPORE) LIMITED 5550,000,000 FLOATING RATE NOTES DUE 1998 In accordance with the provisions of the Notes, notice is hereby given that for the six-month period from 12 August 1993 to 14 February 1994, the Notes will carry a rate of
      82 words
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      Page 17 Advertisements Column 2
      102 17 I BUSINESS TIMES/ALFRED DUNHILL JOINT PROMOTION I (AUGUST 7,1993) I l II I Congratulations to the following lucky winners I I Chung Meng Kwong *****39 I I I Kong Fook Keong *****55 E I I Chong Kim Kee *****08 G I I TanSokHwa *****37 J I I Richard Gopal *****78
      102 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      584 18 Nothing Beats ABudßi^a In August, visit Cafe Carousel for the most I delicious local food prepared hawker-style! I Mouthwatering favourites include: I Bak Kut Teh IBPCTHHM JJI Ko-10-mce ÜBASilljUliU Nony Pop*h $13 Jo++ (odul) $10j0»+ (chid) Ovrr 18 varieties erf i I isioilcoduio m r^h^wiw i 200 OtSmrd Boulevard Singapore
      584 words
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      Page 18 Advertisements Column 2
      266 18 WHERE TO WINE, DINE AND ENTERTAIN r* li VELLOUI RIBBON IT CLUBS Mill n■ MiAl r 1 ,L, n ,l n ,|l now pvooon ragvic. ror cveofus u) snare vonQ (nononts. tyc irTQicf your t- -A- £--1 \fjtmk l l H l A *-J acy w cxm y yykji a
      266 words
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      Page 18 Advertisements Column 3
      301 18 Mmmm 2.30 pm Onfy- ffff 11 pmr pmrwmm. faf 11 i ■fcm, 7J4i 151 I Paramount Hotels Annive^^^l 'Ist August to 30ii SeptembeP^^^^^^^^ Enjoy our grand celebrations and win BIG! Celebrate our 10th Anniversary with us and win yourself a bee trip to Taipei or Phuko. Weekend stay in suite
      301 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Paramount papa
      855 19  -  Although Deng Xiopeng's biography by his youngest daughter Deng Rong contains no sex scandal, Wood or gore, Nicholas Kristof thinks it will be a bestseller Nicholas Kristof NYT IT IS not quite a recipe for a typical best seller: a doting biography of an old man by his
      NYT  -  855 words
    • Article
      Lock icon JFK Jr and Hannah's big day
      437 19 CHATTERBOX Reuter UPI Reuter AP Reuter SOURCES close to the Kennedys are being quoted as saying John F Kennedy Jr and actress Daryl Hannah will be married by Sep 11 and Jacqueline Kennedy Onassis already has begun planning her son's nuptials. The New York
      Reuter; UPI; AP  -  437 words
    • Article, Illustration
      Lock icon He's no circus clown
      49 19 Reuter EDINBURGH, Scotland The Enigma, tattooed from head to toe as a jigsaw, perhaps to devour live worms as part of the Jim Rose Circus Sideshow, an act at the Edinburgh Fringe Festival. The show features live torture acts which has enraged local MPs. Reuter
      Reuter  -  49 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      88 19 gr m Shark's Fin Soup, Sauteed Crystal Prawns, Deep Fried Soon Hock and Supreme Lobster Salad. Just a few of the superb Cantonese delights to tempt your tastebuds that you'll find on our special dinner menus. There are four different menus to choose and they start from just $128++. To
      88 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      1177 19 TV A RADIO WJTTTWJTTJTTJOI v ""HW— Tango ami Cash, 10.30pm, SBC 5 Sylvester Stallone and Kurt Russell are wise-cracking cops who form a when they are framed and have to exonerate Sj&fif 'JOI themselves. This formulaic 1990 film shows why Sly comedies, but the J isn't bad. Out ol Africa,
      1,177 words
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  • INNOVATION & TECHNOLOGY
    • IN TAKES
      • Article
        Lock icon The hunt for red lava
        107 20 AP PORTLAND, Oregan Scientists using a once top-secret underwater tracking device monitored a volcano erupting on the ocean floor in what they said was the first time such activity was recorded as it happened. The volcano* sits about IVi mite (2.4 km) under the Pacific
        AP  -  107 words
      • Article, Illustration
        Lock icon Doctor, read my palm
        130 20 Reuter LONDON Palmistry may have a Jink with health, according to a report published on Friday by a British doctor who studied the connection between fingerprints and high blood pressure. Dr Keith Godfrey of the Medical Research Council studied the link between fingerprints, hand shape and
        Reuter  -  130 words
      • Article
        Lock icon Closer to predicting volcanic eruptions
        98 20 GRS BONN A long-held dream, predicting natural catastrophes, is a step nearer to being realised, the German Research Service (GRS) reports. The new technique, known as Insar (Interferometry with a Synthetic Aperture Radar), uses a device mounted on an aircraft to take stereographic photographs. Insar
        GRS  -  98 words
      • Article
        Lock icon Radioactive antibodies kid cancer cells
        74 20 Reuter BOSTON, Massachussetts Radioactive antibodies may be able to track down and kill cancerous blood cells, in some cases eliminating all signs of one type of blood cancer, a preliminary study has found. The chief researcher, Dr Mark Kaminiski of the University of Michigan, said
        Reuter  -  74 words
    • Article, Illustration
      TI taps universities for research
      1087 20  -  It is part of a major refocusing by the US giant, Claire Leow learns Claire Leow TEXAS Instruments, in its thrust to tap more resources worldwide, is becoming more aggressive in acquiring knowledge even in this region, its director of research and development says. Dr
      1,087 words
    • Article, Illustration
      Sony awarded government R&D grant
      444 20  -  Two research projects in electronics and bio-engineering are among four to receive grants. Joseph Rajendran reports Joseph Rajendran THE National Science and Technology Board (NSTB) has just handed out research and development grants amounting to $4.18 million. Of this, $330,900 has been granted to consumer
      444 words
    • Article
      Lock icon Fluoride fears unfounded
      560 20 AP Discounting studies that say there are health risks from fluoride in drinking water, a National Research Council panel said on Tuesday there is no credible evidence that the chemical causes cancer, kidney disease or birth defects. Dr Bernard M Wagner, a New York University School of
      AP  -  560 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      282 20 INDUSTRY SEMINAR by distinguished members of NSTB's International Advisory Panel at TechMonth'93 9 3 pan 1 1 9 I With dramatic changes sweeping the environment surrounding Financing Technology international trade, countries and companies are shifting from Oeve opment conventional export oriented policies to new global strategies of business MR john
      282 words
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  • THE LAW PAGE
    • Article, Illustration
      Lock icon The pulse of a legal profession in flux
      845 21  -  Deirdre Carmody on the current struggles of the legal profession in the US Deirdre Carmody NYT AS US law firms retrench and law school graduates face increasingly bleak employment prospects, thousands of lawyers assembled in New York earlier this month for the
      NYT  -  845 words
    • Article
      When all's not smooth sailing
      1118 21  -  Edwin Wong on ocean bills of lading and the general average clause Edwin Wong The writer, a master mariner, is a marine surveyor with a local company WHEN an accident happens aboard a ship during a voyage, several parties face costs and losses. Leaving aside
      1,118 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      21 21 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Toadw Appointments or Notices, cal toll-free 1-800 *****43 I The Straits TIm«« 1
      21 words
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      Page 21 Advertisements Column 2
      357 21 In th« nutter of THE COMPANIES ACT, CHAPTER SO and In tha matter of PREOCONENGMEERMQ PTE LTD (M VOLUNTARY UQUOATION) At an Extraordinary General Matting of tha members of Precicon Engineering Pie ltd duly convanad and hatd at 53 Kallang Plaoa (OR Boon Kang Road), Singapora 1233 on II Augutf
      357 words
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      Page 21 Advertisements Column 3
      112 21 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 o International Factors (Singapore) Ltd A member of The ECICS Group 5510,000,000 Series Three Floating Rate Due 1994 In accordance with the provisions of the Notes, notice is hereby given that for the three-month period from 19 August 1993 to 19 November 1993,
      112 words
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      Page 21 Advertisements Column 4
      172 21 LEISURE WORLD PTE LTD Qqvi i jiiiin l NOTKI or nNAL MDIM NOTICE IS HEREBY GIVEN. pWMMI 10 SeCtKX) 301 of the COMMfIM Ad, C*. SOetto d» nN al iSmo of tki Meabcn of the iboveaiiMd Coopooy bo held at SI Aaooo Road, KOSt k «259, Amoo OMR, Sanson 0007
      172 words
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      Page 21 Advertisements Column 5
      420 21 THE COMPANIES ACT, CAP. 99 ELEGANT JEWELLERY MANUFACTURING PTE LTD At a general meeting of Elegant Jewellery Manufacturing Pie Ltd duly convened and held on 12th August 1993, the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to Section 290(1 Kb) of the
      420 words
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      Page 21 Advertisements Column 6
      339 21 M THE MATTER OF THE COMPAMEB ACT, CHAPTER 50 AM SMGAPORE PTE LTD MEMBERS'VOLUNTARY UOUDATION At an Extraordinary Gonoral Mooting of the Company convened and hold at 2 Miotn Road #03-01 HMC Building. Singapore 0207 on tha 12 August 1993 tha following resolutions wsrv duly pttMd> 1. SPECIAL RESOLUTION. WKOXQ
      339 words
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      Page 21 Advertisements Column 7
      342 21 M THE MATTER OF THE COMP AMES ACT, CHAPTER SO AUSTAStA WiJHIHfr BROKERS PRIVATE LMTEO MEMBERS VOLUNTARY LKXNOATION At an Extraordinary General Meeting of tha Company convened and hald at 2 Mistri Road #03-01 HMC Budding. Singapora 0207 on tha 12 August 1993 tha following resolutions war* duly pnaaad:1. SPECIAL
      342 words
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      Page 21 Advertisements Column 8
      327 21 In the Matter of THE COMPANIES ACT (CHAPTER 50) AND In the Matter of UMCAF (PTE) UMTTED (In Members Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Saction 306 of the f Companies Act, Chapter 50, the <- final meeting of tha members of the
      327 words
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  • Article
    Pragmatic support for the poor
    552 22 EDITORIAL THE Singapore government has a knack for designing programmes and schemes which neatly serve several purposes all at once. Many of these efforts are now models for other countries the public housing programme, the Central Provident Fund, the area licensing scheme, to name a
    552 words
  • WHAT THE OTHERS SAY
    • Article
      Help where it is needed
      213 22 SOCIAL JUSTICE probably lurked in his subconscious when Prime Minister Goh Chok Tong disclosed how he would give the poorest households a lift with the Small Families Improvement Scheme. But implementation needs to be refined as the criteria seem to penalise the wife and children.
      213 words
    • Article
      Coming of age
      166 22 CAN INDONESIA make it in the year 2019? Laying the foundation for a more open, competitive and new-ly-industrialised society, President Suharto is confident that his country can really take off provided the fundamentals are right. To progress fast, Indonesia has to compete with other Asian countries, notably
      166 words
    • Article
      Time to come clean
      152 22 FORTY-EIGHT years ago, on Aug 15, Japan admitted defeat and thus ended world war 11. Many Japanese still refer to the day as "the end of war" day, but the situation may reverse soon, because the new Japanese coalition government is starting to take a clearcut
      152 words
    • Article
      Questionable bailout
      167 22 COSMO SECURITIES Co, a second-tier stockbroker based in Osaka, went under after suffering big losses from its illegal practice of tobashi (switching poorly performing shares from one client to another with a promise of buying them back at a fixed price), and will be bailed out by the
      167 words
    • Article
      Too soon to call off search
      161 22 OVER THE YEARS, news reports from around the world have borne testimony to man's super-human ability to survive in seemingly impossible conditions often long after official rescue missions have been called off. Miners have been found living on moisture from tunnel walls some ten
      161 words
    • Article
      Tragic cost of corruption
      193 22 THE COLLAPSE of the Royal Plaza Hotel in the Thai city of Nakhon Ratchasima is a terrible human tragedy. What makes the loss of life all the more difficult to accept is that accidents like this are utterly avoidable, the result of official laxity and individual
      193 words
  • Article, Illustration
    Lock icon The coalition had better collar the bureaucracy — and quickly
    917 22  - The coalition had better collar the bureaucracy and quickly Toru Takanarita says there is a risk that Japan could degenerate into a nation more controlled by the bureaucracy than even the former Soviet Union Toru Takanarita Asahi News Service A Defence Agency direc-tor-general made a laughing stock of himself during
    Asahi News Service  -  917 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      306 22 A ili ■i Hi I 1 I I 01 lireprerieuismp Cast your nominations for this year s Singapore Business Awards Business Time*, Singapore business daily, and DHL Worldwide Express, r the leading international air nyiui company, first started an awards scheme j to honour Singapore's moat successful kailn 1 iten
      306 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      89 22 i? i N C\T mepvtsi«=j CHIMPV...^ on.Deptf... Reginald cnes»Tei?-pej2Ry V 7 Vooß FOUNDER IS u&gc J J; "T (SfJ 'jc.tchen -Jim C ASSOCIATED NEWSPAPERS LTD.. IM2-IMI ttw DOONESBURY GARRY TRUDEAU VOUS&.YOUCMT LOOK AT VOfFBUKE I'MONeOFTKE LAST COUJdOfS. JUSTTAKBPKWS. THOUGHT NHLE,INOORJT, SOMBSTAR ONE PAY,COMPUTERS ANP ROBCHS P/PI MEN-■ FRANCeSCA.WMUST CATCH V£
      89 words
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  • ANALYSIS
    • Article, Illustration
      Germany's economic woes predate reunification
      1536 23  -  Regional Economics Editor Vikram Khanna interviews Norbert Walter of Deutsche Bank Vikram Khanna Europe's economic powerhouse, Germany, has been bujfetted by a series of problems: growing inflation and unemployment, a painful process of reunification with East Germany and, most recently, the crisis in the European
      1,536 words
    • Article
      Europe should follow the Italian way out of the slump
      1315 23  -  Franco Modigliani and Robert Solow wonder when common sense will prevail and European interest rates will be lowered to promote an economic recovery Franco Modigliani,Robert Solow The writers are S'ohe! Laureates in economic science and professors at the Massachusetts Institute
      1,315 words
    • Article
      Lock icon Marketmakers to the fore now, after the speculators
      982 23  -  James Blitz looks at how two-way pricemaking in currencies has become a lucrative activity in the forex markets James Blitz FT FRENCH and German politicians have recently expressed grave concern at the profits made by currency speculators during the recent crises in
      FT  -  982 words
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  • Article, Illustration
    Lock icon US should increase direct investment in Asia: Bentsen
    512 24 Knight-Ridder, Reuter, AFP WASHINGTON US Treasury Secretary Lloyd Bentsen on Tuesday said the US could significantly boost its exports to Asia and improve its trade imbalance with the region if American companies "were able to invest more heavily" there. "The US foreign
    Knight-Ridder,; Reuter,; AFP  -  512 words
  • Article
    Lock icon Coalition forces launch major attacks on Khmer Rouge
    215 24 Reuter PHNOM PENH Cambodian coalition government forces yesterday took the offensive against the Khmer Rouge, blasting guerilla bases near the Thai frontier with heavy shellfire, the United Nations said. At one point in fighting for a Khmer Rouge logistical base at Phum
    Reuter  -  215 words
  • Article
    Lock icon Taiwan ruling party members calls for talks with China
    305 24 Reuter TAIPEI A group of delegates to a congress of Taiwan's ruling Nationalist Party yesterday called for the party to hold talks with China's Communist Party. Shen Ching-ching, the group's leader, said more than 200 of 2,100 delegates had already endorsed
    Reuter  -  305 words
  • Article
    Lock icon Moscow slashes number of companies allowed to export oil, metals
    277 24 Reuter MOSCOW Russia's foreign trade ministry announced it was cutting the number of organisations allowed to export oil and oil products to nine from 114 and reducing metals exporters to five from 132. Tatyana Aristarkhova, adviser to Foreign Trade Minister
    Reuter  -  277 words
  • Article
    Lock icon Kodak to cut 10,000 jobs worldwide
    396 24 Reuter ROCHESTER, NY Eastman Kodak Co, the world's biggest producer of photographic products, said yesterday that it will eliminate 10,000 jobs worldwide by 19% as part of a massive restructuring programme. The job losses equal about 7.5 per cent of an estimated 132,600 Kodak
    Reuter  -  396 words
  • Article
    Lock icon France to maintain policy of gradual rate cuts despite pressure
    376 24 AFP PARIS French monetary authorities are going to ignore pressure to change policy and will continue with gradual reductions in key interest rates, which got under way in early August, monetary sources said yesterday. They said the authorities are shrugging
    AFP  -  376 words
  • Article, Illustration
    China's gambling industry is a big gamble for foreigners
    729 24  -  The Bottom Line KHAW WEI KANG KHAW WEI KANG The writer is managing director of Khaw And Sons, which provides consultancy and other services for companies doing business in China. THE Kuala Lumpur Stock Exchange is trying to discover whether Magnum
    729 words
  • Article
    Lock icon Germany calls for emergency EC farm meet
    169 24 Reuter BONN Germany has called for an emergency meeting of European Community agriculture ministers to discuss "green" currencies, government spokesman Norbert Schaefer told a news conference. He said Chancellor Helmut Kohl had asked the European Commission and the Belgian EC presidency to suspend
    Reuter  -  169 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      181 24 mi www\u sikkh joi knvi. (Al l 223(>555 lODU A PRACTICAL TWO MY CONFERENCE FOR Ml COMPANKS OPERATING IN CHMA JOINT VENTURE IN C H B BNB JBkt. "MAJOR "SSUES TO BE DISCUSSED INCLUDE ▲Legal Structures for Joint Ventures ▲Negotiation Terms Strategies ▲Financing Options ▲Project Finance ▲Tax Policy incentives ▲Enforcing
      181 words
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      Page 24 Advertisements Column 2
      9 24 Canada on winning end of trade pact, Pg 8
      9 words
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      Page 24 Advertisements Column 3
      297 24 IMI \SIA\ WALL SI Ki l l JOl RWL (Ml 223 6555 101) U (Regulations for and Merchant Banks A seminar for Operations and Finance Personnel In a dynamic environment, it is important to take a fresh look at regulations and assess its impact on banking operations. The seminar will
      297 words
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  • Shipping Times
    • Article, Illustration
      PSA awards $373m deal for Pasir Panjang terminal
      378 25  -  Its biggest-ever contract goes to Japanese-S'pore venture By Juliette Walker SINGAPORE The Port of Singapore Authority (PSA) yesterday awarded its biggestever construction contract a $373-million deal to begin work on the new Pasir Panjang container terminal. The PSA awarded the golden egg
      378 words
    • Article
      Lock icon Orders for new ships almost double in 2nd qtr
      424 25 Knight-Ridder LONDON Global shipbuilding orders nearly doubled in the second quarter of this year and was the first rise in ordering seen since the end of 199J, according to figures published by Lloyd's Register yesterday. I About six million gross tonnage
      Knight-Ridder  -  424 words
    • Article
      Lock icon MISC to operate joint Thai haulage service
      129 25 Bernama KUALA LUMPUR The Malaysian International Shipping Corporation (MISC) yesterday signed a Memorandum of Understanding with MISC Agencies (Thailand) Co Ltd (MISAT) and Container Transport Services Co Ltd (CTS) to jointly operate container haulage Service in the BangkokLaem Chabang area. CTS, a local
      Bernama  -  129 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      841 25 Page Col ABC Containeriine 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9
      841 words
    • Article
      Lock icon Atlantic Panamax rates under pressure
      239 25 Knight-Ridder NEW YORK Panamax rates in the Atlantic continued to be under upward pressure in anticipation of a number of shorts lacking coverage for September positions. A clear picture of chartering patterns has yet to emerge, but it appears that the push by shorts owing
      Knight-Ridder  -  239 words
    • Article
      APL plans emergency feeder service to Guam
      269 25  -  By Ramesh Divyanathan SINGAPORE American President Lines (APL) has announced an emergency feeder service to earthquake-hit Guam, because of damaged dock facilities there. APL said in a statement last week that pending approval from the US authorities, it would deploy "self-sustaining" feederships which
      269 words
    • Article
      Lock icon Japanese shipbuilders to increase overseas purchases
      286 25 Bloomberg Business News TOKYO Looking for some gain in the pain of a stronger yen, three major Japanese shipbuilders will increase purchases of parts and materials from overseas by mid-1994. Ishikawajima-Harima Heavy Industries, Sumitomo Heavy Industries and Kawasaki Heavy Industries are each planning to
      Bloomberg Business News  -  286 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        578 26 VmmI Voy No Borth Arrival Dqurtwo KwmI Vty No B«rth MtM Popirtu Jlirong Port Bmantxa 2 ION. 93 P06 19 08/1400 2008/0800 Artan 15/6 akxvade 1908/2359 Bn B(M 16E P10 18 08/1500 1908/1400 Chnshna I 01/93 115/16 1908/1700 fret* 13/93 P03 1808/1600 1808/2300 Elena V SU14 118/19
        578 words
      • Article
        CONTAINER SCHEDULES
        1436 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record BtoMnc/Babnce Rsltj Slap Voy No Etb/Btr Period From To From Ac* Rose 43B 20/2000 1 18/1 MO 18/1669 18/1900 2 18/1700 19/0159 19/0900 3 19/0700 19/1159 19/1400 4 19/1200 19/1459 19/1700
        1,436 words
    • Article
      THE SHIPPING GUIDE
      9937 34 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
      9,937 words
    • Article
      SHIPPING AGENTS
      3344 39 A C ontainerline NV: Belsin Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pic Lid (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Scrricc: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,344 words
    • Article
      COURIER SERVICES
      266 39 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air Express Travel Td: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716 *****80. Ainwift Worldwide Cowier Td: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: 742-8975. City-Link International Td: 344-3377. Fax: 345-6450. Ouster Link Supplies A Services
      266 words
    • Article
      AIR FORWARDERS
      1448 39 Abe* Express Freight Td 542-7171. Fax: *****84. Actiaic Forwarder Td: 225-1833. Fax: *****42. ACWIf NBgiport Td: 542-7822: Fax: *****20. Acraiwk Freight lateraatioaal Td: 545-*****>ax: *****05. Td *542-591 I. Fax: *****18. Air Cam Novo Express Td: 542-5454. Fax: *****06. Air Exaresa lnemlioMl Td: 542-7666. Fax: *****74. *****50. Air Market
      1,448 words
    • Article
      PORT CONDITIONS
      2399 40 ALBANIA Duress: Five vessels in port discharging of which 2 flour. 1 cheese, 1 bricks, 1 general cargo. ANGOLA Luanda: Port working normally, no reports of delays to any class of vessel. Lobito: Port working normally, traffic levels low. ARGENTINA Santa Fe: No vessels, none in roads, max
      2,399 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1023 40 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP THERE has been a marked dropping off in activity, which is only to be expected with the holiday season in full swing. This is reflected in the lower volume of sales being reported during the week. Following
      The information was contributed by Simpson Spence & Young; AFP  -  1,023 words
    • Article
      AIR FREIGHT SCHEDULE
      555 40 ARRIVALS DEPARTURES Op Hight Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 1 BKK SIA SQ827 B747F 1730 2 CPH/DXB S1A SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
      555 words
    • Article
      CRUISE & FERRY SCHEDULES
      263 40 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Dep Nut of Vessel ETA ETD Ports of Calls Port Ageat 1 etephooe No AUGUST 21 21 Leisure World 1200 1900 Cruise to Nowhere Lauw Sons Travel 227-8284 22 22 Leisure World 0900 1900 Cruise to Nowhere Lauw Sons Travel 227-8284 24 24 Leisure
      263 words
    • Article
      DAILY FREIGHTS
      1353 41 THE BALTIC Freight Index for spot dry cargo shipping rates rose to 1,395 on Aug 17 from 1.366. Dominating the freight market here was a rumor that the rate on the US Gulf to Japan Panamax grain route had jumped USSI. Navios was said to have fixed NSAC
      1,353 words
    • Article
      COCKETT BUNKER MARKET REPORT
      854 41 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      854 words
    • Article
      TRANSPORT DIARY
      192 41 COURSES Title: Import/Export and Shipping Procedures (SDF 50%) Duration: Aug 19 Organiser Elim Management Services Tel: For further details and application forms contact tel: 292-5670. Title: International Freight Forwarding II (SDF 50%) Duration: Aug 20 Dec 7 (31 evenings) Organiser: Singapore Freight Forwarders Association/PSA Tel: All courses are
      192 words
    • Article, Illustration
      Lock icon Refrigerants: debate continues
      1114 42 The reefer industry is still looking at options for an ozone-friendly refrigerant Lloyd's List FOR THE past few years, the reefer container industry has known that the days of Rl2 as a refrigerant were numbered and that an ozone-friendly alternative would have to be found. In 1992,
      Lloyd's List  -  1,114 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Ex-Burlington executives buy German freight forwarder
        357 44  -  By Dexter Lee SINGAPORE Two former Burlington Air Express chief executives have bought Union Air Transport (UAT), Germany's fourth-largest air freight forwarder, for an undisclosed sum. Roger MacFarlane and Peter Thorrington are now expected to create a new holding company for their group, whose
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        Lock icon Court rules US govt infringed on Hughes patent
        250 44 AP WASHINGTON The government infringed on a patent owned by Hughes Aircraft by using an orbiting-control device on 84 satellites without paying royalties, a federal judge has ruled. The decision, issued by Court of Federal Claims Judge James Turner on Monday but
        AP  -  250 words
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        Lock icon Japan to make stations more user friendly
        217 44 AP TOKYO The government says it plans to try to make Japan's commuter transport stations notorious for long stairways and nearly unnavigablc underground labyrinths a little more user-friendly. The Transport Ministry will request a sizeable budget for fiscal 1994, which starts April 1,
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        Lock icon Ford to build new forging plant
        251 44 Bloomberg Business News WOODHAVEN, Michigan Ford Motor Co is investing USS44 million (Ss7o million) to build a new forging plant in Woodhaven, Michigan, to make forged steel engine crankshafts for its trucks by mid--1995. The 60,000 square-foot plant will employ about 60 people on
        Bloomberg Business News  -  251 words
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        Lock icon Anywhere for a snooze
        70 44 Reuter BUCHAREST A weary Romanian traveller sleeping under a train ticket booking office on Tuesday in Bucharest's main railway station where traffic has come to a hah because erf a week-long train drivers' strike. The government called an emergency meeting to take measures against the strike
        Reuter  -  70 words
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        Lock icon MAS wins deal to maintain Chinese aircraft
        361 44 MBT KUALA LUMPUR China is not just proving to be a bounty for Malaysia Airlines in terms of flight services, but is also a lucrative place to peddle its aircraft maintenance services. Apart from securing three extra flights to Chinese destinations recently, it
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        Lock icon Houston, Boeing in space station plan
        532 44 AP WASHINGTON Nasa has selected the Houston Space Centre and Boeing Co to oversee the US$22 billion (SS3S billion) programme to build an outpost in space for astronauts. The move to streamline management of the oftcriticised space station on Tuesday, in line with orders
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          Lock icon Chinese freighter heads for UAE
          99 44 AFP ABU DHABI A Chinese freighter suspected by the US of carrying chemical weapons components for Iran has apparently given up attempts to enter the Gulf and is trying to dock outside the strategic Strait of Hormuz, officials and shippers said. The 21,000-tonnc Yinhe is
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          Lock icon Emery launches exhibit shipping
          70 44 Reuter PALO ALTO, California Emery Worldwide, a subsidiary of Consolidated Freightways Inc said it launched an air transportation programme for shippers of trade show and convention exhibits. The programme. Convention and Trade Show Speciality Group, features weekend pick-up and delivery as well as services for oversized
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          Lock icon USAir to match Southwest fares
          73 44 Reuter NEW YORK USAir Group Inc said it will be competitive with the latest fares oflcred by Southwest Airlines Inc for flights from Baltimore to Cleveland and Chicago. "We will be competitive," said spokesman David Shipley. He did not provide any other details. Southwest said
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          Lock icon Sky West orders Canadian jets
          65 44 Reuter DOWNSVIEW, Canada Sky West Airlines, the Utah-based feeder carrier for Delta Airlines, has placed an order for up to 20 Canadair Regional Jet aircraft, the plane's Canadian manufacturer said on Tuesday. Bombardier said the contract was a Arm order for 10 aircraft plus options
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          Lock icon Thieves pinch bras from NY airport
          83 44 AP NEW YORK New York, already known for its sordid and assorted crime, can now add yet another the theft of 46,800 bras from Kennedy International Aiiport. According to court documents filed in US District Court in Brooklyn, the underwear heist occurred last August.
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1344 44 ag nm rr* nw n» Dka WmM GF146 1120 Gfl47 1850 MlllHl QF81 1930 QF82 2055 SQ228 2120 n«lHl<Mi KL837 1445 KL832 0020 SQ323 1815 KL838 2320 SQ324 2345 OarlilMi BAil 1505 SQ288 2015 lafcrata Gf 148 0905 B S«i BtgawM BI421 1105 SQ182 0915 SQ181
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      6 25 £t Debate over refrigerants, Pg 18
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      35 25 Ex-Burlington execs buy German forwarder, Back Page Ums aMI MrvkM wpfimtd fcjry'xSifcrov Mm>ih «f Hn Registry «f Aecnitoi (?eSe» SUMriM Aoaats. SinfMor* MathMal Site- KtMSaMii plus Assodstiw for advertising enquiries, contact Shipping Tries: Tel 740-2089/740-2090
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      34 25 the FAMOUS CiUBOPf Km 224 1833 For more information please refer to Pg. 15 HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. Business Times WEK.NOV AIM
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      454 26 TSKUNE AGENCES (S) PTE. LTD. AsgHMgA fI 1 17 V WmTWI Tel: 226-3363 i kj# JV« I lIMr F 226-1972/3 VJ»«TT~7*g Tlx- RS *****/TSKSIN TOKYO SENPAKU KAISHA, LTD. CR No: **********0N 1 I wan* wy nu rat *t i m im m at nf m wit at wm Mi IWIMg
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      1176 26 Bs_^jbljb.JML^^BsH!^^BsH!SHsß^^^^s^^^^ssß CAUFORMA lIM I M I »»J IIU I 111 I 1511 IMI 14* I 14.115.1 I lit I 111 lIM *11/532 211 4* I Ml M I til I 121 I 139 I 141 I 151 13* iti I c*-»o—» nocurr 55 ill 111 Ml 51 211 n.i in
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      2116 27 H OOCL (I) PTE LTD JAfIPINE SHIPPING AGENCIES JAROIHE SHIPPING AGENCIES SON. BHD. FA)t *****42 PETALING JAVA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 <INWARD)/*****90 (OUTWARD) PE NANG TEL. *****4 F^.***** 1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****61/ *****62 p OH TEL: *****3/4 i M 2706 CFS (PSA F5)
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      1736 27 ■BHMHriHMM U.S.A. /CANADA NEXT AVAILABLE SAILINGS SL VOYAGER V.200E ETA SIN 23RD AUGUST 93 MC-KINNEY MAERSK V.9308 ETA SIN 24TH AUGUST 93 LAUST MAERSK V.9312 ETA SIN 25TH AUGUST 93 VMM Voy ETA ETC FmOot by SL ~r rort DESTINATIONS Th. m. mc-kinney uaersk v«3oe nraww—awawwuwgw^HHWlßW cv ?4/06 0900 has
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      1631 28 AOABA R OAM/ LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JEO) S TON H'BURG A WERP HAVRE MALAYSIA LA SEINE 31/132 18/8 4/9 7/9 5/9 Port Ketang. Penang HOECHST EXPRESS 10/332 21/8 30/8 5/9 8/9 11/9 13/9 15/9 Pasir Gudang TOKIO EXPRESS 12/133 25/8 11/9 14/9 12/9
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      584 28 U2CHHH FCL Bfeakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vootochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea t Vietnam Mongolia Hungary CSFR Poland coasrrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel ITA SIN VILLE DE
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      1228 28 I NORASiA" I" VSL/VOY SIN ALG BCL* VAL* LMA HAB^^BRE^^^RO^^>KT^^fE^^H ARABIAN SEA 331N 20/08 09/09 13/09 15/09 14/09 15/09 16/09 17/09 18/09 19/09 j CHMA SEA 332N 26/08 15/09 18/09 19/09 20/09 21/09 22/09 23/09 24/09 25/09 4 NORASIA AL-MUNTAZAH 9333-3 02/09 22/09 25/09 26/09 26/09 27/09 28/09 30/09 01/10
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      2006 29 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****88 Fax: *****17 I ww huiwa facwc uwi UNo' M SMS OIPWUKW KAJAHBROOHE V2QC Mnra. Lab 17-10 Aut IS Auf 20 Au| Fet, LCt COMTAMCN AND MEAKBULK SERVICE TO PAPUA MEW OUMCA simits pmk vise kk.
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      2546 29 I SINGAPORE AGENT: ■M PXtI) I AlltQinAl*C PAO Containers (Singapore Agencies) Pte Ltd X i\V/ VjUllldlllvl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 ■rV 385: Tal: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 I CR Number **********02 I VIIKI VOV *MM -Si MM ALO
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      855 30 wi ww~|sr«t| wm»mm I mw I ■no I wiw MIUMB 3SHB I 21-24/9 I 21/10 24/10 27/10 30/10 TO m EAST COAST P«TS V ya VOT PKL STOItt STP 1 HIB 1 QMS I Elg ACCL M«0 TOWStt in 11/1 20/8 2/8 5/9 30/« MHO AUSTRALIA 46S 30/1 29/8 12/9
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      1877 30 HANJIN SHIPPING FDR VSL Hn LK HAUL SEA POX fOR VSL SM |LME HAU. SAV IM NYC HANJM FELIXSTOWE IWE 19/8 OKCT 9/9 11/9 HANRN FELIXSTOWE UK 19/S N. MOBCA 010E 23/9 24/9 */9 HANJM KOAHSUNG 013E 26/8 08ECT 16/9 11/9 HANM KAOKSUNE 013E ?6 8 H SAVAMHH 0391 31/9
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      1213 30 Ina m «tut m m oa n h tto uu cxs ml htc uw h n w k p» at it sgp I E «MNT KM] 31/1 1/9 t/9 I/* 11/* 13/J 14/1 11/* 17/* 11/» a/* 1/1* 13/1* 15/11 It/1* Wit 27/1* 2S/1* 2*/ l* Ml* */U I*/U 23/11
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      2173 31 'NEPTUNE ALEXANDRITE 06W' iXPORT TO: PSW/PNW SINQAPOM CAUFO*MA IXWfM (>OJQ TOr USWC —U$ WkP MEHiir UHQ CANADA VESSEL I VoT" LOS OAK 1 VAN SET 4TL (Tg CLE (LB DAL DEtThOC MFH SOK MA Pt I) TOK WON CALIFORNIA LUNA 59E 28 08 11/09 13/09 154>9~ 16/OQ 17/00" 15/09 16Q9
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      1115 31 SINSOV SINGAPORE SOVIET SHPPWG CO PRIVATE LTD BOOKWGS: BALT ORIENT LINE: *****64 FESCO: *****06 ENQURIES: *****33 BLASCO I ODESSA: *****51/*****31/*****13 MVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO:
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      1389 32 Hit AS AGENTS: T* LK (SINGAPORE) PTILTB Plk 1244I*****0W) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 T W ltX MALAYSIA: 1" LINE MMITMI (MALAYSIA) SON BHD Wm TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SMANA lA«T mBWUSA. TEL: JKT *****08 f EXPORT N. AMERICA-PACIFIC
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      698 32 PHI LI-ORIENT LINCS PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION I AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 19 AUG SYDNEY. MELBOURNE. BRISBANE. FREMANTLE I 20 AUG AUCKLAND, WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH 27
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      353 32 /W, GOLDEN LINEA guan guan shppmg ("E) LTD W 1 23, W tow km flnrai tIM TEL: MOW (II UB) Fa: U43M4 <ct Huissmwo mum/mmii oplf «nna S pore P Mar* Penang GOUKH STW Karachi Outa 20/27 »m GOUKMKM Kmc* Mm 31 ta| CPWA «WWt COLDER MKO China Ports 10/12
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      979 33 PACIFIC INTERNATIONAL LINES (PTE) LTD^ 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I W— flf mt CR NO **********0E I I VESSEL VOY SIN CMB JIB JEO AOJ ADE HOD PZU KOTA WUAYA WJAO29 26/8 30/* 5/9 9/9 10/9 9/9 11/» W» HAI XIONG HXOOS 10/9 15/9 22/9 23/9
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      1277 33 VESSELS I >01 I W FEEDER SfOKt IDMMC ROTTERPAM ANTROP THAWS II HARVE WLU DC PROVENCE 9929W 22/00 17/09 19/09 20/09 21/09 23/09 WUC K *6* 9029W~ 29/00 25/09 27/09 ?«/OT 29/09 01/10 ADAM ABRAHAM 71 MM 04/09 01/10 03/10 04/10 05/10 07/10 mil K SMIB 9130W 12/09 0«/10 10/10
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      375 33 mm, MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loadinc for Yanjon (Rangoon) Sport P.Kig Pan P.Gdj POIYA VI3ON 21 Auf MYOMAYWA *148 30 Aug AVA VI23N 2/3 S«p 30/1 top PAGAN V2OIN 6/9 S«p MALATSIA AGENTS 00USTEA0 SHTPW AGENOES All. ID. 03 *****00 PKI: 10. 03-3UC717 PEN: TEI 04-*****5
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      53 35 \iC VISA FREIGHT SERVICES PTE LTD Established Since 1984 OCEAHIA PORTS REGULAR GROUPAGE lcl consolidation AUCKLAND SYDNEY IMPORT &t EXPORT MELBOURNE FREHANTLE SERVICES yy FOR BOOKING fit SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL; 1800-*****66 TOLL-FREE TEL: 1800-*****34
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      2534 36 Full Container Liner Services Agents: Indonesia's Agents: I General Agents: Booking Agents: Goon Goon Skipping Sda BH Ckong Ckioo Skipping Sdn Bkd P. 7. Glekal Petri Indonesia Maritime Costar Shipping Pie Ltd stm* frm*t b-u* c~tn sm m si ftnon* a* Mm Let iu, *e nm, n. m. h. to/23
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      581 37 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 23/08 ROTTERDAM 21/08 AARHUS/COPENHAGEN 23/08 HAMBURG/BREMEN 23/08 MARSEILLE/FRANCE 22/08 FELIXSTOWE/UK 23/08 BARCELONA/SPAIN 22/08 LEHAVRE/FRANCE 23/08 GENOA/ITALY 21/08 ANTWERP/BELGAJM 23/08 LOS ANGELES/WC/H 22/08 SYDNEY/MELBOURNE 20/08 NEW YORK/EC 22/08 FREMANTLE/ADELAIDE 20/08 VANCOUVER 23/08 BRISBANE
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      1209 37 JAKARTA BANGKOK SKA MM 13S ?0/l ~Wt 1MB) BHUM MN fn 20/1 M» GURU BHUM 204S 21/1 25/1 MACOM SEWTOSA 4M Frt 21/1 Tw 24/1 RAM BHUM 91S 23/1 27/1 IMMTA BMM IMB SM 21/1 W4 25/1 MM BHUM 190S 25/ i 5/1 PMITABMMr 4M SM 21/1 fM 2M lis
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      324 37 pi DONGNAMA LINE wuh»—Wß MRIWI »mwra/».w/iB/wi KSSd M K ft* MS K M MM* ¥30M 22/1 23/1 2V» 2t/l V 9 1/9 niSMS nam »/i 1/9 12/9 is 9 MMJim GLORY VMM 4/9 C/ 9 1/9 9/9 19/9 22/9 MNBUMsaanr ra» 11/9 13/9 u/9 25/9 21/9 KSffl. SK Hrc n
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      1660 38 fkABMN CONTAINER LINES I I I A flents: MAC-NELS SPORE: *****22 (24 LINES) I J\/ Jr/a Mo; **********0E PENANG: (04) *****6 SIBU: <084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/UKB/MED PORTS PEN PKL SIN EVERY TUE/THUR/SUN PEN PK SIN 20/8 21/8
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      178 38 I SEAWARD SNIPPING AND I TRADING CO (S) PTE LTD (H cu ni vm ran ulmc pons ftll MK S i 23/1 LOidinj tor MM INMN HUDHU 31/8 Onchw|m( ind loading toi Ooatef oanw i/i to*jmg Fm Mm ram sum* 1/1 U*J.nj Fw Matt IMCOM 31/8 loading For Malt FtOCKB
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      688 38 THONG SOON UNES PTE. LTD.] 78 SHENTOH HAY #10-01, SINGAPORE 0207 TEL: *****58 FAX NO: *****11 TLX: RS ***** CARRO, RS ***** JEHHOL CABLE: TOSOCO VESSEL VOT VtSSEL Wr~" ThZT MS7 EQUATOR JADE 87/3E 22 AUG KUCHING EQUATOR GRACE 95/3E 21 AUG SIBU EQUATOR 111 98/3E 26 AUG KUCHING EQUATOR
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      51 41 The Becu&ve Housekeeper O vm. I I wants is me. But I'll never nejlec-fc I Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The new Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU Singapore Press
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      19 41 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. \mtMnnC f Business Times matowAM
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
      715 41 TOOAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 It 3.3 3.0 2.5 1.7 1.0 0.5 0.3 0.3 0.5 0.9 1.7 2.4 2.7 2.7 24 1.9 1J 0.7 0.5
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      344 42 WORTH PHILIPPINES FULL CONTAINER SERV CE VESgL VOYAGE SINGAPORE MAMLA MCOW SWGAPORE fiflflß 20/08/93 28/08/93 YMffIJK MWfiAPQRE MM 23/08/33 28/08/93 veom paofic 2SML 27/08/93 M/ 09/93 WCOUt PACIFIC 2SAWB 30/M/93 04/09/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PgNANG BBMLfBMHfi 9397 HP 20/08/93 22/08/93 VIGOUR SXGAPORE SfiS
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      626 42 @APPENSHIP /2\ HAMBURG \T\J CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA ANO FAR EAST YESSQS LOADMG PORTS DISCHARGE/LOAONG FOR FLAQ LEADER ANTW SLD SPORE 18/6. SHANGHAI HARMONY SEA HAMBURG SLD SPORE 1/9. BKK 5/9 YEW TREE HAMBURG SLO SPORE 31/8 KOALA CONTAINER LINE STORE FU MM TOT
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      Page 42 Advertisements Column 3
      277 42 JLcosco ukc conventional semes VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/06 Rotterdam/Antwarp CHWACOHVPIhPMk-WWVICg VESSEL PKL PNG P.O. LOAOMG FOR: A VESSEL 15/09 20/00 Huangpu/Guangrttoti CO«CO FULt CONTAWER KWVICM EXPORT TO: chma/bangkok/honqkong EUROPE/CONTMENTAL WEST MEDfTENRANCAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI a Plaaaa nlif ibovt mtntlonid NrvtoM to CMih
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      944 43 ▲HYUNDAI I MERCHANT MARINE CO. ITD. WESTBOUND TO EUROPE VESSELS VQY PNA PKE PfiD VESSELS VOY_ SH HTM Mff* LtH* HMH ME$ Fa NORASM MALACCA 9326 A 17/08 18/08 19/ OS SI FREEDOM 306W 23/01 10/05 10/09 11/09 12/09 12/09 14/09 Ml ADVANCE 25A 24/01 25/08 2«/0« H. MNOVATOK 305*
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      460 43 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO I HEAVY LIFTS INBOUND VESSELS lESSEI ffl n HC U MM ■PT MM 21/1 CMK OMiIfBOT V a/I 14/8 turn OCEU 142 21/t ISM FILM 4 21/t SOU Htm 17 21/1 11/1 smu 22 11/ l 4/1 TUUBBC (Hi MS/I OUTBOUND VESSELS LMMNC
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      914 43 VESSEL I WT SM ETA/P LAX |ott |CM DM. I HM/COLI HOB |WTC |NOR MACKMAC BRPGE TU 20-27/00 12/09 14/09 IS/99 U/»9 18/08 17/t9 17/99 11/19 All BATOR PRPE 45A 02-03/09 19/09 21/09 22/09 23/19 23/09 24/99 24/19 25/09 GEORGE WASHMGTOB BRPGE 72A 09-10/09 20/09 21/09 29/09 30/19 31/00 01/10
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      63 44 Tomorrow in Business Times f—i M.V. "GRACE LUNA" VOY.7 Arrived 14th August 1993 Consignees of all damaged cargoes a the captioned vessel are hereby notified that a general survey will be held on the 20th August 1993 0900 1200 houn at FT 10. No further survey will be entertained thereafter.
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      Page 44 Advertisements Column 2
      54 44 I MARKETING Tomorrow in Business Times Fly Finnair's new MD-11 Hie world's most technologically advanced aircraft Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world
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