The Business Times, 3 June 1993

Total Pages: 46
1 46 The Business Times
  • 13 1 SINGAPORE BusinessTimes MITA <P) 552/12/92 Thursday June 3 1993 WE KNOW ASIA 75«
    13 words
  • 2am LATEST
    • 70 1 Reuter WASHINGTON The US International Trade Commission said in a preliminary ruling that steel wire rods allegedly dumped by Brazil, Canada and Japan had hurt US industry. The ruling opened the door to possible duties being imposed. The Commerce Department is expected
      Reuter  -  70 words
    • 70 1 Reuter WASHINGTON The Clinton administration said it would push for a more activist United Nations role in promoting human rights, terming the quest for individual liberties "a mighty and universal force". State Department Counsellor Tim Wirth outlined the draft US human rights
      Reuter  -  70 words
  • Article, Illustration
    112 1 Stack Market indices Change STII 1890 31 -4.13 KLSE omposite 741.27 t 1.21 Nikkei 20.691.70 +100.29 Han* Seng 7.322.23 -53 58 SE1 Index 820.90 2.06 Jakarta Composite ...345.99 4.14 CLSA hiiu B 1.074.32 -42.35 Ausi AM Ord 1.741.9 +8 FTSE 100 2.863 +13 8 Wednesday Previous llam elosc
    112 words
  • 692 1  -  By Amy Balan SINGAPORE Malaysian companies are heading for China with a vengeance. In the last six months, a host of projects in China have been announced by listed companies ranging from mini-cities to gaming contracts, chicken farms to instant noodle factories, cable-making
    692 words
  • 114 1 Reuter BEIJING Foreign investors ploughed a record US$3 billion into China in the first quarter of 1993, up 167 per cent over the same period last year, a senior official at the Ministry of Foreign Trade and Economic Cooperation said yesterday. Pledged investment in the first
    Reuter  -  114 words
  • 410 1  -  From Harish Mehta in PHNOM PENH FOREIGN FIRMS that have leased state-owned factories, buildings and land from the present Cambodian government at bargain-basement prices are likely to be told to revise or renegotiate their contracts by a future Funcin-pec-led government. With about 90
    410 words
  • 490 1 NYT WASHINGTON In a break from decades of government policy, the Clinton administration has reached a rough consensus to give higher priority to helping foreign-owned companies expand production in the US than in assisting domestic companies with output from their
    NYT  -  490 words
  • 611 1  -  By Alvin Tay SINGAPORE Keppel Bank has placed out a third of its proposed share ofTer to three foreign parties the Chinese Government's investment company, Malaysia's Southern Bank and the American International Assurance Company. Keppel Bank said yesterday that the
    611 words
  • 344 1  -  From Maggie Ford in JAKARTA INDONESIA attracted USS3.2 billion (555.2 billion) in foreign investment in the first four months of this year, with Singapore jumping to fourth place, up from seventh last year, according to a report by the Investment
    344 words
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    • 158 1 C J?TR Cassette R«ceive» *»th DSP Soood Processor/CD Chancer Cooiro* FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. b«9*por« Ptwne 235 1333 Kuala Lumpur Pfwne 757 0233 Nm«| P*K>ne 615 985/619 014 Jakarta: Phone 374 065/380 1472 CONTENTS Hsws Companies S'pore Nm 2 S"pore*sa 9,10 News 3.4.6 Financial 12.13 Wortf Nrm
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    • 12 1 The Law Page If hen not to appeal against judgment Pg 22
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    • 31 1 Hock Lock Siew Mi xed news for Hong Fok holders Pg 9 Malaysian companies make up for lost time, Pg 10 Will Funcinpec win? Pg 3 Khmer power play, Pg 25
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    • 114 1 The Bottom t vIK Lessons from hfarfis citid hiixTs Hack p£ 'The Chairman was famed for his szoimming efforts 6utfezu knezo that afterwards he indulged himself at the Qrand 'Pavilion It's quite true. Many chief executives have Seen known to indulge in the authentic Cantonese 4 delights of the Qrand
      114 words
    • 14 1 1 CERRUTI 1881 Jf SWISS WATCHES Time is on my side LIT), L I
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 345 2  -  By A J Leow DESPITE healthy occupancy rates in April, the average room rate (ARR) of Singapore hotels continued to fall, dipping to 5i38.60 in that month. The average hotel occupancy rate in April was 80.2 per cent, down 5.3 percentage points from March but
        Source: STPB  -  345 words
    • 361 2  -  Joint venture company aims at initial annual sales of just under 18m By Corinne Kerk JAPANESE department store Takashimaya Singapore has tied up with Yaohan Best Electrical and Best Denki to form an SBOO.OOO joint venture company called Takashimaya Best Electrical.
      361 words
    • 415 2  -  By Lilian Ang LOCAL developer Kengfu Development has been taken to court by several buyers of its Mimosa Vale project for alleged defective workmanship, and failure to rectify the defects. Sources say at least five buyers have taken legal action. One case,
      415 words
    • 343 2  -  By Clarissa Tan MORE South-east Asians are visiting China, and more Chinese are travelling to this part of the world. Last year. China received almost 560.000 visitors from Singapore. Thailand, the Philippines and Malaysia or 43 per cent more than the
      343 words
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  • THE REGION
    • 562 3  -  Cambodian elections From Harish Mehta in PHNOM PENH THE royalist Funcinpec party, riding on Prince Norodom Sihanouk's name, looks set to win the May 23-28 election. With about 90 per cent of the votes counted, it has a nationwide lead of about
      562 words
    • 235 3 Reuter JAKARTA Indonesia, rattled by tumbling prices of some of its main agricultural exports, says that it will review its position in several world commodity groupings. "I will discuss with Agriculture Minister (Syarifuddin Baharsyah) soon whether our current membership of these international
      Reuter  -  235 words
    • 335 3 AFP MANILA The Philippines is on track to achieve 3.5 per cent economic growth this >ear and an average of 7.3 per cent annually through 1998. but must drastically raise revenues. Economic Planning Secretary Cielito Habito. defending the government's mediumterm development plan amid
      AFP  -  335 words
    • 250 3 World Bank report on Indonesia Reuter JAKARTA The World Bank, chief source of aid for heavily-indebted Indonesia, has sharply criticised Jakarta's focus on introducing high-tech industries rather than generating jobs. The severe criticism, in a confidential report, is bound to be taken as a
      Reuter  -  250 words
    • 269 3 Reuter JAKARTA The World Bank has urged Indonesia to open up its economy to make it more efficient and fair at home and more competitive abroad. It also deplored the grip on the economy held by the country's giant business
      Reuter  -  269 words
    • 491 3  -  Reports by Al Labita in MANILA CHINA has dislodged Japan and Taiwan as the largest Asian investor in the Philippines for the first quarter, in what analysts say is a growing sign of Beijing flexing its economic clout in
      491 words
    • 488 3 FOREIGN investment has remained in an upbeat mood in the Philippines, despite the energy crunch. Foreigners pumped U*****.19 million (SS 1.16 billion) into the Philippines in the first three months of this year, an unexpected 158 per cent jump from the same period last year.
      488 words
    • 426 4 Reuter BEIJING President Jiang Zemin said in a speech published yesterday that China had to solve serious economic problems quickly to keep its boom from turning into a bust. But the speech by Mr Jiang, who also heads
      Reuter  -  426 words
    • 550 4 AFP SEOUL Newly installed President Kim Young Sam, faced with slower-than-expec-ted economic recovery, is scrambling to improve relations with South Korea's powerful business conglomerates after initially threatening them with sharp restrictions. Over the weekend, Mr Kim invited a dozen leaders
      AFP  -  550 words
    • 63 4 Reuter TAIPEI This woman, a waitress at a hotel here, was not wearing this contraption on Tuesday because she had customers who were finicky about hygiene. She was, in fact, taking part in a city-wide civil defence exercise, and the headgear, called a breathing bag, would
      Reuter  -  63 words
    • 279 4 AFP BEIJING In the wake of major demonstrations in Lhasa, China has said it is ready to hold talks with the Dalai Lama, Tibet's exiled spiritual leader, while reiterating its rejection of any independence for the region. "Any form of talks can
      AFP  -  279 words
    • 370 4 Reuter SEOUL South Korea, jockeying with the communist North on the timing and terms of cross-border talks, said yesterday it had agreed to key North Korean conditions for a meeting but insisted on keeping to its own timetable. In a
      Reuter  -  370 words
    • 149 4 Reuter TAIPEI Taiwan's main opposition party is more popular than the ruling Nationalist Party for the first time since it was legalised in 1989, according to an opinion poll. The Democratic Progressive Party (DPP), legalised under democratic reforms in 1989, had an overall approval rating
      Reuter  -  149 words
    • 348 6 Bloomberg Business News TOKYO Japan's current account surplus reached US$l2.7 billion (5520.5 billion) in April, up 29.1 per cent on the year, according to a Bloomberg Business News survey of seven economists. The trade component of the current account reached a surplus of
      Bloomberg Business News  -  348 words
    • 65 6 Reuter OGAKI, Japan A nurse tending to one of the quintuplets (three girls and two boys) born to a 29-year-old woman on May 24 at the Ogaki Municipal Hospital. The woman, who has not been identified, gave birth to the babies after the hospital
      Reuter  -  65 words
    • 131 6 Knight-Ridder CANBERRA Economic growth in the Australian states and territories rose an average 1.9 per cent from July 1991 to June 1992 compared with the 1990-91 period, the Australian Bureau of Statistics reported yesterday. This compared with a growth of 2.5 per cent a
      Knight-Ridder  -  131 words
    • 418 6 AFP COLOMBO Sri Lanka plans to reverse its decision to break off ties with Israel, a move that has failed to attract the expected aid from Arab nations, senior officials said here yesterday. Slain President Ranasinghe Premadasa ordered
      AFP  -  418 words
    • 272 6 Reuter BOMBAY The army went on alert here yesterday after a leader of India's main opposition Hindu Bharatiya Janata Party was gunned down by an assassin on a bicycle. Police were drafted into the Khetwadi area of south Bombay where
      Reuter  -  272 words
  • Page 3 Advertisements
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    • 217 3 The Zenith Rainbow Collection A Legend at Sea and on Land Zenith, the time-honoured elite watchmakers and button start stop creators of the first ever chronograph movement, the "C and reset; El Primero and winners of countless awards and tachymeter scale accolades have yet another achievement to their name, or
      217 words

  • Page 4 Advertisements
    • 271 4 11 AM JUNE 18 1993 *****88 351 Collins St. Melbourne "Stock Exchange House" former home of the Australian Stock Exchange in Melbourne. 23 level, modem, office tower. 6 Podium Floors (including a huge Trading Floor) and upper floors of 512 sq.m. Total lettable area 19,250 sq.m. 'art of Melbourne. id
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    • 107 4 AT ASIAN INTERNATIONAL GIFT FAIR HALL NO. 1 STAND NO. IR 1Q WORLD TRADE CENTRE, SINGAPORE JUNE 2-5, 1993 On display Costume Jewellery; Brass, Bronze and Copperware; Cushion- Covers and Embroidered Gifts; Fashion Accessories; Fibreglass Statues. Vascs.Murals; Herbal Products; Home Furnishings; Handmade Paper Stationery; Leather Products; Miniature Paintings; Playing Cards;
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  • Page 6 Advertisements
    • 268 6 I I QH2OHIO The 1993 ENDEC Entrepreneurship Excellence Award r Your Chance To Reward Entrepreneurial Excellence In The Singapore Business Community^ m t»»The 1993 ENDEC Entrepreneurship Excellence award is nominate her/him for the 1993 ENDEC Entrepreneurship an annual award established by the Nanyang Technological The Presentation Excellence Award. Please mail
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  • THE WORLD
    • 516 7 OECD ministerial meeting Too many workers on jobless queues, says US Treasury Secretary AP PARIS US Treasury Secretary Lloyd Bentsen yesterday voiced concern that the American economy is not creating enough new jobs and urged cuts in global trade surpluses
      AP  -  516 words
    • 311 7 AFP MECCA King Fahd of Saudi Arabia made his strongest ever attack on Muslim extremism on Tuesday, accusing militant groups of resorting to the "law of the jungle". He also voiced support for attempts to end the Arab-Israe-li conflict and called on
      AFP  -  311 words
    • 304 7 Reuter PARIS Leading industrial nations have agreed that a world trade pact could be ready for consideration by their summit in July, European Commission vice-president Sir Leon Brittan said yesterday. "It is realistic to aim for an outline
      Reuter  -  304 words
    • Article, Illustration
      61 7 AFP LONDON Sculptress Emma Pryke, a member of the team that helped build the model, looking into the jaws of the monster used in the film Aliens yesterday. The full-scale model from the blockbuster movie is due to go under the hammer at Sotheby's later this month. The
      AFP  -  61 words
    • WORLD WATCH
      • 92 7 Bloomberg Business News TORONTO The growth prospects for Canada's economy are the highest in five years, according to securities firm Bums Fry Ltd. It said its EconoPulse Index, an indicator of where the economy is headed, jumped 3.1 per cent in April to 124.9, its
        Bloomberg Business News  -  92 words
      • 116 7 Reuter AP BLOEMFONTEIN, South Africa South Africa's Appeal Court set aside Winnie Mandela's six-year jail term on kidnapping and assault charges yesterday in a decision likely to cool tempers among her militant young supporters. The court rejected an appeal by the estranged wife of African National
        Reuter; AP  -  116 words
      • 64 7 AFP TEHERAN US forces in the Gulf have been helping Iranian rebels based in Iraq to carry out cross-border attacks, the semi-official lehran Times charged yesterday. Captured guerillas had confessed that the US military had meetings with members of the Mujahideen Khalq in the past
        AFP  -  64 words
      • 69 7 Reuter BUCHAREST British Foreign Secretary Douglas Hurd urged the Romanian government yesterday to build on its democratic reforms by respecting human rights and placing its institutions under the rule of law. Mr Hurd, on the second day of a four-day Balkan visit, told a joint
        Reuter  -  69 words
    • 140 7 Knight-Ridder WASHINGTON A US industry group on Tuesday urged the Clinton administration to deny special tariff privileges to Cyprus, Egypt, El Salvador, Poland, Turkey and Venezuela unless the countries stop violating US intellectual property rights. Members of the International Intellectual Property
      Knight-Ridder  -  140 words
  • Page 7 Advertisements
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  • Page 8 Advertisements
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  • COMPANIES & MARKETS
    • 545 9  -  It will pay USs3sm to buy into International Totalizator Systems Inc From Leslie Lopez in KUALA LUMPUR HARDLY A WEEK after the launch of his lottery operations in China. Malaysian businessman Vincent Tan Chee Yioun is moving farther afield
      545 words
    • 366 9 SINGAPORE Listed property group Parkway Holdings plans to build a $50 million residential and commercial complex on the site of the former Palacc Theatre at East Coast Road. A Parkway spokesman said plans had been submitted to the Urban Redevelopment
      366 words
    • 251 9 Bloomberg Business News HONGKONG Vickers Ballas Hongkong associate research director Adrian Ngan has resigned to join SBCI Finance Asia as a property analyst, says SBCI Hongkong research head Andrew Hall. Mr Ngan is the fourth of a previously five-strong team of
      Bloomberg Business News  -  251 words
    • 695 9  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Both good and bad news greeted Hong Fok shareholders when they received their company's latest annual report yesterday. First, the good news. The company has come a long way from the days in
      695 words
    • 371 9  -  By Schutz Lee SINGAPORE Government holding company Temasek Holdings has incorporated an investment vehicle for China with partners from Singapore and Hongkong. The four partners in ChinaSingapore International Pte Ltd which include Wing Tai Holdings and Straits Steamship Land announced the tie-up in
      371 words
    • 357 9 Reuter LONDON Malaysia Mining Corp Bhd announced plans yesterday to take a 20 per cent stake, worth a possible US$l5O million plus, in Papua New Guinea's Lihir gold project, the largest undeveloped gold prospect outside South Africa. MMC, in a
      Reuter  -  357 words
    • Article, Illustration
      378 9 Source: Bridge Info Performance of STII's Index stocks Jun 2 l-ast Sease Index Slock sale t hsc factor moters <$) (S) Avimo 2 2 70 -0 050 1.68 16.95 CA( 6 950 -0 300 5.14 ***** (crcfros 5 200 -0 150 3 85 50 85 F4N ***** 0 100
      Source: Bridge Info  -  378 words
    • COMPANIES
      • COMPANY BRIEFS
        • 106 10 SINGAPORE Acma announced yesterday that it had acquired 900,000 shares or 60 per cent of MAE Engineering Pte Ltd for $2.8 million. MAE provides mechanical and electrical contracting services for commercial and residential buildings. Acma said MAE's business is complementary to its contracting and
          106 words
        • 74 10 SINGAPORE Amtek Engineering yesterday announced the appointment of Md Sharif bin Shamsuddin and Francis Ng Lin Fatt as non-executive directors of its Malaysian subsidiary, Kris Components Sdn Bhd. Mr Md Sharif is general manager of Pahang Foundation and chairman of the listed Malaysia General
          74 words
        • 62 10 SINGAPORE Fraser Neave yesterday announced that its rights issue of 35,324,800 ordinary shares has been oversubscribed by 3.1 per cent. Acceptances amounted to 35,066,110 or 99.3 per cent while excess rights share applications totalled 1,347,880 or 3.8 per cent. Each rights share priced at $5.70 was
          62 words
        • 42 10 SINGAPORE OCBC yesterday said its offer of 35,324,800 warrants has been 4.7 per cent oversubscribed. The bank said 34,752,027 or 98.4 per cent of the offer was accepted while excess applications totalled 2,229,030 warrants or 6.3 per cent.
          42 words
        • 61 10 SINGAPORE Resources Development Corporation yesterday announced it had been awarded a contract by Public Works Department for the milling of defective asphalt pavements and supply and laying of asphalt concrete for roads in Singapore. Valued at $5 million, this contract for the urban east and
          61 words
        • 55 10 SINGAPORE Singapore Automotive Engineering will raise its inspection fee for heavy goods vehicles and buses to $40 from $30. The fee for re-inspection remains at $20. A company spokesman said 120,000 heavy vehicles were inspected last year and wuh the fee increase, the company will collect
          55 words
      • 45 10 Reuter MOSCOW A Moscow taxi driver stopping for a quick bite at the Russian capital's newest McDonald's on Tuesday. Moscow already boasts the world's busiest McDonald's. The second restaurant is located close to the Red Square and the Kremlin. Reuter
        Reuter  -  45 words
      • 200 10 Reuter JAKARTA The latest bull run on the Jakarta stock market looks set to last, unlike those of the past which have fizzled out after a week or two, analysts said. There is a clear sign of improving confidence in
        Reuter  -  200 words
      • 497 10 UNIT TRUSTS FUNDS Mimpn pricw <$) Jun 3 Insurance Fund Singapore Unit Trust LT'r. 3 30 342 The Commerce 1.38 I 45xd PlilOCllUll The Saving?* Fund I 24 1.30 PruLink Mgd Fund 1.15 1.21 S'porc Pn»g Fund 0.58 0 61 yini Hiinimili S'porc See F und 0.93 0 98 PHwH'UIPIipUU
        497 words
      • 577 10  -  Projects in Australia. UK and Vietnam set to push profit past As2b mark From Brian Gomez in SYDNEY NEW oil and gas projects in Australia, Britain and Vietnam are poised to double Australian conglomerate BHP's net profit to more than As
        577 words
      • 162 10 Bloomberg Business News HONGKONG Privately held investment group Chinachem has asked Hongkong's stock market watchdog commission to probe transactions that have given the Lippo group a majority interest in Asia Securities. In a statement on Tuesday night, Chinachem said it
        Bloomberg Business News  -  162 words
      • 202 10 Reuter SEOUL South Korea, worried that its sprawling business conglomerates have become inefficient, saidv.westerday it wanted the 30 top chaebol to streamline in a bid to encourage specialisation. In a five-year economic blueprint, the trade ministry said incentives to the chaebol would be
        Reuter  -  202 words
      • 526 10  -  By Amy Balan SINGAPORE Malaysian corporations may be a mite late in hopping onto the China bandwagon but they are more than making up for it with the sheer size of their projects. Though mattress maker Kanzen
        526 words
      • 329 10 Bloomberg Business News PARIS The number of small shareholders in France is declining as more investors shift to money-market funds. A poll carried out by Sofres shows that 4.5 million of French are small shareholders, down from 5.4 million in
        Bloomberg Business News  -  329 words
      • 186 10 Bloomberg Business News LONDON A British Telecommunications pic spokesman said he couldn't comment on a report it plans to form an alliance with MCI Communications Corp that would compete against American Telegraph and Telephone Co. M I have to say I have
        Bloomberg Business News  -  186 words
      • 1213 10 Payment Ex Books Pay date dose date Acma F 7.5 Jun 10 Jun 22 Jul 5 Apollo F 2.5 Jun 21 Jun 25 Jul 15 Boustcad 5C I 7.5 Apr 22 Mav 7 Jun 4 B Rasa F 3 May 25 Jun 9 Jul 8 C&C I 5
        1,213 words
    • FINANCE
      • 467 12 Reuter BLUING China is giving its tightly controlled currency some freedom, letting its value fluctuate according to supply and demand on the semi-offi-cial swap centres, government officials said yesterday. "We have released controls on price movements," an official of
        Reuter  -  467 words
      • 407 12 Reuter HONGKONG China's move to let its curreney float freely on some markets will have mixed results for Hongkong firms with mainland operations. Analysts said yesterday that manufaeturers will gain initially. as the weaker yuan will make exports cheaper, but the move
        Reuter  -  407 words
      • 689 12  -  Currency outlook From Neil Behrmann in LONDON WILL the dollar slip to the 100 yen barrier in coming months? Neil Mackinnon. chief currency strategist at Citibank, and Elli Gifford. a technical analyst at Investment Research of Cambridge (IRC), believe there is a
        Source: Investment Research of Cambridge  -  689 words
      • 98 12 Bloomberg Business News BONN The steep expansion in German M 3 money supply remains an inflationary threat. Bundesbank president Helmut Schlesinger said. "Inflationary dangers because of the excessive monetary expansion remain." Mr Schlesinger said in a speech prepared for delivery at the annual meeting of cooperative
        Bloomberg Business News  -  98 words
      • 44 12 In the Quotation of Singapore Government Stocks table published yesterday, the indicative middle price (excluding accrued interest) for stock .N*****0N 1993 was incorrect due to a technical error. Ihe correct indicative price should be 100.15. We are sorry for the error.
        44 words
      • 182 12 The US dollar opened lower across the board this morning amidst widespread bearish sentiment as the dollar broke important technical support overnight. The USS/SS opened at 1.6015-20. close to the high of the day. With most interest in the market observed to be on the
        182 words
      • 209 12 Bloomberg Business News LONDON The dollar ended higher against the dcutschemark but was firmly capped at 1.6 marks even after news of a 22.7 per cent surge in US new home sales in April, traders said. The gradual rise of the dollar through the day was due more to
        Bloomberg Business News  -  209 words
      • 82 12 Reuter OSAKA Two of the two million gold limited edition coins with a face valat of 5<M)OO yen are seen in this undated photo. Minting of the 18-gnun limited edition coins, which measure 27 millimetres in diameter, began on June 1 to commemorate the wedding
        Reuter  -  82 words
      • 85 12 AFP NEW YORK The dollar gained ground in early trading yesterday except against the French franc in very quiet trading. The dollar was trading at 107.25 yen, up from 107.13 and at 1.5920 German marks against 1.5910. Earlier in the day in London, the US currency had traded
        AFP  -  85 words
      • Article, Illustration
        1586 12 I radr»<-i*hinl indr\ i ahulainl awaimt S'pnrr\ lip 14 rratlmf pannn yra IW US$/S$ toward rate* Noon June 2 S» m Offer 1-month I.tool 1.6023 2-month I 6010 1 602) 3-month ***** I 6025 6-month I.60IS 1603} Source: OCBC FOREIGN CURRENCY NOTE RATES Singapore Mian to oat wit of fbretgi
        1,586 words
    • FINANCE & COMMODITIES
      • 363 13 Reuter KUALA LUMPUR Tin tumbled to a new record low of M$ 13.07 a kg in Malaysia yesterday and traders say the metal has not hit bottom yet. Prolonged depressed prices, already well below local production costs, could force more Malaysian miners to quit.
        Reuter  -  363 words
      • SMALL CHANGE
        • 95 13 Bloomberg Business News HONGKONG Merchant banking group South China Brokerage has revived plans for a public share sale and listing on the Hongkong stock exchange, its owner South China Holdings said in a statement. The brokerage aborted a HKS3OO million (5562.1 million) initial public
          Bloomberg Business News  -  95 words
        • 112 13 Bloomberg Business News BANGKOK Thailand's central bank has reduced its discount rate by one percentage point to 10 per cent in an effort to encourage commercial banks to cut their commercial lending rates, a central bank spokesman said. Pisit Leeahtham, spokesman for the Bank
          Bloomberg Business News  -  112 words
        • 83 13 Reuter TOKYO Yamaichi Securities Co Ltd recently applied to the Bank of England (BOE) to become a market-maker in British government bonds by setting up a specialised company, a Yamaichi Securities spokesman said. The move reflects the company's desire to enhance gilt transactions with investors,
          Reuter  -  83 words
        • 85 13 Bloomberg Business News WELLINGTON Westpac Banking Corp said it will cut staff by 12 per cent at its New Zealand head office. The layoff will involve about 84 people out of a staff of 700. the bank said. The decision followed a
          Bloomberg Business News  -  85 words
        • 86 13 Knight-Ridder NEW YORK New York Life Worldwide Holding Inc said on Tuesday that its British unit, the Windsor Group Ltd. has agreed to buy the life insurance operations of Aetna UK, a subsidiary of Aetna Life and Casualty Co, for undisclosed terms. Aetna
          Knight-Ridder  -  86 words
      • 232 13 Reuter WELLINGTON Players eager to boost liquidity in New Zealand's relatively small bond markets are hoping the development of a bond repurchase, or repo. market can lure big Northern Hemisphere investment. New Zealand's central bank and several of the biggest market players are
        Reuter  -  232 words
      • 408 13 ENERGY REPORT Reuter LONDON Oil prices have begun June little changed ahead of an Opec meeting in Geneva next week to set new supply quotas. London July futures for the world benchmark Brent Blend of crude oil touched U5518.75 per
        Reuter  -  408 words
    • COMMODITIES & FUTURES
      • 1507 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended mixed yesterday on profit-taking, after prices were driven up in early trade on worries about US May employment figures this week. Gains were gradually overwhelmed by selling near the end of the session, although the market's upside
        Reuter  -  1,507 words
      • 639 14 COMMODITY REPORTS Tin THh PRICE of tin on the Kuala Lumpur Tin Market plunged to a new record low of MS 13.07 per kg. down 31 sen from Tuesday on heavy selling. The LME dropped USS2OO on heavy liquidation sales overnight with the
        639 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 62 14 KUALA LUMPUR Cargo surveying firm Caleb Brett has put Malaysia's bulk palm oil and lauric oil exports in May combined at 415,166 tonnes, traders said. In April, bulk palm oil and lauric oil exports totalled 504.689 tonnes, the firm said. Bulk export shipments of
          62 words
        • 54 14 TOKYO China's demand for import copper has dried up as the result of uncertainty over domestic currency exchange rates together with substantial nearby supplies. Hongkong trade sources said. In addition, problems with buyers reluctant to open letters-of-credit for metal purchased when prices were higher
          54 words
        • 75 14 KUALA LUMPUR The world's major tin producers will continue to curb supply until at least October, says the executive secretary of the Association of Tin Producing Countries. Redzwan Sumun said that any decision (o abandon the scheme can only be taken when ministers of member-nations
          75 words
        • 86 14 TOKYO Japanese traders expect the London Metal Exchange 3-month aluminium price to resume its downward trend if a new 3-year labour contract agreed between Alcoa and Reynolds Metals Co and two unions is ratified later this week. Negotiators for the firms and the two unions
          86 words
        • 56 14 SINGAPORE Vietnam plans to reactivate its liquefied petroleum gas facilities this year. Tran Minh Loi, corporate planning manager of Vietnam's state-owned oil trading company, Petrolimex. said. Mr Tran said Petrolimex was starting to upgrade existing storage facilities in Nhabe. Ho Chi Minh City, with the
          56 words
    • 1699 14 Rubber MS C«—i<H> Exchange (futures dating as at lp) RSS 1 Caotract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 93 130 00 129 50 130 00 200 900 Jul 0.00 0.00 I3I.2S 0 2.850 Aug 0 00 0 00 132.00 0 5.275 Sep
      1,699 words
    • REGIONAL STOCK MARKETS
      • 1175 15 +8 Ihe Australian share market closed higher, led by a stronger industrial sector and following a recovery in the futures market "Interest and support has been in the industrials rather than in the resource stocks." said (ireg IX>bson. managing director of Equities at ANZ McCaughan. The All Ordinaries Index
        1,175 words
      • 635 15 -7.7 Share prices fell as investors were disappointed by news of a contraction in the country's gross domestic product (GDP) in the first quarter of the year and in an absence of marketmoving news, brokers said. The country's GDP shrank by 0.17 per cent in the first three months
        635 words
      • 549 15 -14.19 Stocks wavered narrowly before ending slightly lower in very sluggish trade as the market lacked trading interest and fresh news, brokers said. The Weighted Index closed 14.19 points down at 4.302.24. Turnover was TS 15.38 billion against Tuesday's TS 15.88 billion. Financials fell on profit-tak-ing as a recent
        549 words
      • 419 15 +7.84 Strong interest in low-priced shares pushed Seoul stocks higher in heavy trading, brokers said. "Investor focus was on lowpriced shares. Financial counters were also strong but late profit-taking pushed the index down from an earlier 10-point gain," said Ko Kyung-bae at Hyundai Securities. The Composite Stock Index closed
        419 words
      • 286 15 +2.93 The New Zealand share market closed marginally higher in a market lacking highlights but which was well underpinned by foreign buyers. The NZSE-40 index rose 2.93 to 1.641.3 on good volume of 539.5 million. Brokers said there was some disappointment that the leaders did not rise more
        286 words
      • 56 15 +52.23 Stock prices moved up in Bombay on speculative buying. The market is expected to remain steady for the rest of the week. The Bombay index rose 52.23 points to close at 2244.97. The National index closed at 1040.57 points, up 8.11 points. All the other exchanges nationwide were
        56 words
    • WORLD STOCK MARKETS
      • 125 15 -10.13 The stock market ended off its day low. with Petrofina. Kredietbank and Solvay falling some 2 per cent. Dealers said gloomy economic news, pessimism on further rate cuts and corporate earnings and position squaring towards the end of the forward market account explained the fall. The Bel--20 Index
        125 words
      • 109 15 +3.04 Shares ended a touch higher following bonds but volume was quiet and dealers said there was very little buying interest in the market. Some saw the market drifting down to 1.820/30 points on the CAC-40 index. The CAC-40 index closed up 3.04. or 0.16 per cent, at 1.875.84.
        109 words
      • 232 15 1.07 Shares ended a see-saw session higher and near the day's best levels after a late boost from the dollar which firmed on strong US April home sales. The 24-share EOE index closed 1.07 points or 0.35 per cent better at 306.82 after touching a high of 307.01 in
        232 words
      • 607 15 13.8 Shares closed stronger buoyed by a vote of confidence in the UK property sector by trend-setting investor George Soros and a wave of rate cut speculation. The FTSE 100 index ended 13.8 points higher at 2.863.0. down from the day's high of 2.868.7. News that Soros was entering
        607 words
      • 251 15 +3.5 Shares ended slightly firmer in quiet trading yesterday. The market was led by insurers which, although they have not been able to match recent gains among banks, were now beginning to narrow the differential a little. Dealers said the market was consolidating upon recent gains, adding there was
        251 words
      • 196 15 +5.32 Share prices drifted up toward the end of a dull session to end just below the day's highs yesterday, dealers said. Comments from Bundesbank President Schlesinger had little influence, but one trader said the bourse was slightly encouraged by remarks which showed concern about recession. The DAX-30 index
        196 words
      • 133 15 -11.19 Stocks were badly hit by a fresh round of selling pressure from investors keen to cash in recent gains, traders said. "It started on a weak note and accelerated throughout the day, as the declines brought out more sellers." said a trader at Merchant Fondkommission. The OMX index
        133 words
      • 324 15 -19 Gold shares posted heavylosses in steady yesterday's trade as the gold price failed to bounce off lows, dealers said. I'hey said New Vork trade in local golds would be crucial for short term direction but remained confident that the longer term trend was up. The Gold Index finished
        324 words
      • 339 15 -25.81 Stocks were marginally weaker in early dealings as the market consolidated recent gains, dealers said. "On the first half hour we traded 10.5 million shares." said Fred Ketchen. a senior vice president with Scotia McLeod Inc. The TSE 300 Composite Index was down 3.2 points at 3.853.7 on
        339 words
      • 939 15 +24.91 Blue-chip share prices edged higher yesterday after mixed economic news including a surge in April new home sales and a meager rise in the US index of economic indicators. The Dow Jones Index of leading industrial stocks was up 1.61 points to 3.553.95 at 11:00 am. Some
        939 words
      • 815 15 Britannia Funds StrrliaR ("ash Bid Offer Mim Cap Drposil 6400 6500 Slim Jcr*» <.ill 0 1*4) OIW Mim Max Income 0 9*00 ***** LSS ask Income Plus Fund 10 '<00 10 ">00 PS S Revrvc Fund < 2000 *2100 Sterling tquilt Euro Performance 45»2 0 44 In Fat Easl Fund
        815 words
    • Article, Illustration
      3112 16 Reuter SHAKE PRIC ES closed lower as a move by China to allow its currency to tloat on some markets sparked late selling of stocks with China exposure. brokers said. The blue-chip Hang Seng Index ended the day 53.58 points lower at 7,322.23, while the broader-based All Ordinaries Index
      Reuter; Source: Bridge Info  -  3,112 words
    • Article, Illustration
      2556 16 Reuter STOCKS ended higher on heavy buying of blue-chip shares in late trade which triggered programme buying. Prime Minister Kiichi Miyazawa's remark that Japan's economic slowdown has already bottomed out helped lift sentiment. brokers said. "Buying invited more buying after the big brokers focused on blue-chips like NEC and
      Reuter; Source: Bridge Info  -  2,556 words
    • Article, Illustration
      431 16 THE LIFTING of the embargo on the renminbi/US$ swap rates has had a surprisingly minimal impact on the Shanghai B market. The Shanghai market has been using the 10 renminbi/USSI rate, said the Swap Centre Committee. CLSA Shanghai B market dropped 47.4 points to 757.9. Whereas, the Shanghai A
      431 words
    • Article, Illustration
      1802 16 Reuter STRONG buying of two new property developers boosted market sentiment in the afternoon and the stock index edged up to a higher close, brokers said. The SET index closed 2.06 points higher at 820.90 on active turnover of 4.29 billion baht. The index fell to a low of
      Reuter; Source: Bridge Info  -  1,802 words
    • Article, Illustration
      1080 16 Reuter SHARE PRICES ended higher in active trade despite profit taking, brokers said. "Solid buying interest from foreigners overwhelmed profit taking from local players." said Dandossi Vlatram. spokesman of the Jakarta Stockbrokers' Club. Active counters were Panin Bank. Japfa and Gajah Tunggal which were driven by foreign buying. Among
      Reuter; Source: Bridge Info  -  1,080 words
    • 2794 17 Source: Brisge Info Source: Bridge Info MOST ACTIVE volume Kcnong Bhd 50c 11.015 000 taM IW.000 Mulli Purpir*. 4.041.000 kcmatan 50c 8 050.000 FMiMc <. »:<> uoo MclropUr* 50c 5.552.000 kamunting 50c 4V27jM 4.87 VOOO Idns Hyd 50c V 6 54 000 InnmcM Bhd J *****0 fabcr Group
      Source: Brisge Info; Source: Bridge Info  -  2,794 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        5087 17 Source: Bridge Info INDICES TURNOVER CVmt PrrvK*. haaRr KLSE Composite .741.27 740.06 +121 NST Industrial 4201 13 4209 43 -8.30 NST Finance 5159.92 5174.17 -14 25 NST Properties ..1491 29 1513.32 -22 03 NST Tins 856.15 877.67 -21 52 NST SRubbers *****5 4069 78 -18 33 I urnoter COOOI Total
        Source: Bridge Info  -  5,087 words
      • 240 17 Bernama BUYING of index-linked stocks held the Kuala Lumpur Stock Exchange Composite Index above the 740-point level at the close yesterday. However, the broader market was weak, with falls leading rises by about three to one. as situational and speculative stocks retreated under selling
        Bernama  -  240 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1142 18  -  By Kooi Cho Teng SINGAPORE Local stocks drifted lower yesterday as market sentiment waned in the absence of fresh factors. The Straits Times Industrials Index edged past the 1.900 level 45 minutes after opening, but slipped back to close at 1.890.31. With
        Source: Bridge Info  -  1,142 words
      • 72 18  -  HOT STOCK Paul Leo SELL Jurong Shipyard at $10.30 as it is likely to trade towards $8.90. Daily, weekly and monthly RSIs above 75 indicate an overbought condition. A divergence pattern on the weekly chart rising prices with falling RSI confirm that a correction is imminent. Resistance points
        SOURCE: BRIDGE INFO  -  72 words
      • 6405 18 MAIN BOARD Gr Cr \mns Last Vol Day LaM Qaote Dl» Dh YM .Net M Cay lUtb Law (oavaay Safe COOOl High U- Buyer Seder CV P/E Smil WmSimiL AND COMMERCIAL 710 170 Acma 685 cd -25 52 705 680 685 690 12.5 2.1 1.8 29.7 472.1 220 210 s
        6,405 words
  • Page 9 Advertisements
    • 287 9 GOODS AND SERVICE TAX (GST): HESjIH MAKING IT WORK WITH COMPUTERS With the impending introduction of GST on 1 st April 1994, this is an opportune time for companies to understand how GST will impact business operations such as cost accounting, customer order processing, procurement, etc, especia llycompanies which currentlyhave
      287 words


  • Page 11 Advertisements
    • 231 11 J Remove the bottlenecks and post or fax to DHL today at the address below, j I Name: Designation: J I Company: I I Address: Tei:_ Fax: DHL Express Freight Conventional air-freight can't respond from Singapore, it won't have to wait long track and trace system there is* with the
      231 words

  • Page 12 Advertisements
    • 59 12 7 'x Hi 4 4 1./ MULTIPURPOSE —•iCORRECTION™ MITSUBISHI PENCIL CO..LTD JAPAN Touches up on mistakes easily and smartly. Can be used on all types of water soluble or oil-based ink. No thinner necessary. Available at all leading department stores Sole Agent: |3 BALMAR MARKETING Tel: 235 9577 Member of
      59 words

  • Page 13 Advertisements
    • 348 13 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 SINGAPORE AIRLINES LIMITED (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES The undermentioned share certificates have been reported lost, mislaid or destroyed Certificate Numbers No. of shares In tha nam* ol D *****82 1 X 1.000 LEE FONG YONG *****933
      348 words
    • 223 13 I MWW 300 dpi. Resolution '*Bhß i:: Jl^t^lHHil^™hlteiliilH** ;i Enhacement technology I microfine toner j^tg^^^^^3Mb^p^p|||Bl^B^Hißlßl|pß|P||||||||^B^^Bß|^^^lß^Bß^B "NttUb < 1 Mh ofmemor y. h%. ..i Memory Enhancement technology S scalable typefaces Breakthrough price $1,199 i w S --»*JOr^-—- In K| Now there's a laser printer that has a v BB complete set
      223 words

  • Page 14 Advertisements
    • 725 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO ANO IN THE MATTER Of PERROOO SERVICES ENGINEERING CONSULTANCY (S) PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Companies Act. Chapter 50 that
      725 words
    • 35 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Make new business contacts through classification 203 in The Straits *3® Times Classified, cjlt^. 737-11*4
      35 words


  • Page 16 Advertisements
    • 81 16 Jtm- YOUR MONEY IN A BOX. Reutfe (pronounced run) music boxes make gilts ot IT'S MORE RELIABLE THAN SHARES. lasting value. Handcrafted following a 200 year old Swiss tradition, tkey perform beautifully every ay for years on I AND MORE PLEASING «nJ (unlike miny .luret v. couU mentkm). For an
      81 words


  • Page 18 Advertisements
    • 83 18 BlancpaiN NEVER BEEN A QUARTZ BLANCPAIN WATCH 4 lU> Singapore FHL HOUR GI.ASS Lucky Plaza Tel *****2W1 Scotts Tel 2«6W7/7l<Hl wMBKarTp Cenlrepomt Tel 7MIVMV6OI Peninsula Plaza Tel H7MKN, World lude Centre Tel 27)1007 MgSKAMmy 7U1262A4J* Rallies Tel 5J***** Changi Airport Terminal HLasl GWost Wingsl Tel *****04/0 Terminal 2 I Sooth
      83 words
    • 21 18 From today, the Bond and Loan Stock Yields table will be carried only on Mondays in the Share Information Service page
      21 words

  • SPORTS
    • 561 19 French Open AP PARIS Renewed rain came to the rescue as Stefan Edberg lived through a 16-minute nightmare in front of the faithful thousands who waited to watch him play after a twohour rain break at the French Open Tennis Championships here
      AP  -  561 words
    • 394 19 NBA play-offs AP PHOENIX Wherever they turned, the Phoenix Suns had an emphatic answer on Tuesday: Charles Barkley inside, Dan Majerle outside. Majerle took to the air, hitting eight of 10 shots from three-point range (a new NBA play-ofT record) for 34 points.
      AP  -  394 words
    • 696 19 Dave Anderson on the athletes who are worth their multi-million-dollar deals NYI NEW YORK It's easy to pounce on those millionaires who aren't worth their money. Bobby Bonilla has been hitting home runs for the Mets lately but not enough to justify his USS6.2 million
      NYI  -  696 words
    • 741 19 Reuter WENTWORTH. England The pin was on the second tier of a three-tiered green as Seve Ballesteros faced the sort of shot that has always been his bread and butter. He was a few yards short of the putting surface on Wentworth's demanding 452-yard third
      Reuter  -  741 words
    • SPORT SHORTS
      • Article, Illustration
        116 19 AP BIRMINGHAM Top men s seed Mer>anto \rhi had to sa\e match point against an unseeded opponent yesterday before rallying to win his fourth-round match at the \\orld Badminton Championships. The Indonesian was down 12-14 to Ong Ewe Hock of Malay sia but smashed his wa> out of trouble
        AP  -  116 words
      • Article, Illustration
        77 19 Reuter NtW YORK National I>eague Tuesday: Florida 7 San Francisco 3: San Francisco 4 Florida 3: Philadelphia 6 Cincinnati 3; San Diego 2 Atlanta I; Chicago 8 New York 3: Montreal 2 Houston I: Los Angeles 11 St Louis 6: Pittsburgh 8 Colorado 6. American: Chicago 4 Detroit 2;
        Reuter  -  77 words
      • Article, Illustration
        119 19 AP MANCHESTER After five lest defeats in a row and seven losses in one-day games. England's cricketers take on Australia at Old Trafford today in the first of a six-match series for I he Ashes. Critics say England has made losing a habit. Its last Test victory was against
        AP  -  119 words
      • Article, Illustration
        160 19 AP WOBI RN, England Bern hard Langcr. fresh off a win at the European PGA Championship, goes for a Masters double when he tees off today at the U*****,000 British Masters. Langcr. who wrapped up a comfortable six-stroke victory at Wentworth Monday, can become only the third golfer in
        AP  -  160 words
      • Article, Illustration
        215 19 Reuter MONTREAL Wavnc Gretzkv had a hand in ail five goals even Montreal's as the Los Angeles kings beat the Canadiens 4-1 in the first game of the NHL's best-of-scven Stanley Cup finals on Tuesday. "The Great One" had a goal and three assists and Luc Robitaille scored
        Reuter  -  215 words
      • Article, Illustration
        83 19 Reuter TOKYO Japan's new professional league, bowing to criticism by its top foreign stars, said yesterday it will ease its tight fixture list next season to ensure teams regularly plav only one match a week. Former England captain Gary Lineker and Brazilian veteran Zico had complained (hat the twiceweekly
        Reuter  -  83 words
      • Article, Illustration
        139 19 AP CHRISTCH L RCH, New Zealand The British Lions maintained their unbeaten tour record yesterday by running in four tries in a 28-10 victory over provincial team Canterbury. It was the fourth straight triumph in New Zealand tor the Lions, who led 8-7 at halftimc before dominating the second
        AP  -  139 words
      • Article, Illustration
        79 19 AFP PARIS French Open quarter-fi-nals Wednesday (x-seed): Men Singles: Scrgi Brugucra (Spn x. Id) b Pete Sampras (US xl> 6-3 4-6 6-1 6-4: Richard Krajicck (Ncth \l2) b Karel Novacek (Czc x 13) 3-6 6-3 3-6 6-3 6-4. Women Doubles: Amanda Coetzer (SAVlnes Gorrochatcgui (Arg xl 3) b Conchita
        AFP  -  79 words
  • Page 19 Advertisements
    • 88 19 Your chance to win EXCITING TRIPS AND OTHER FABULOUS PRIZES i" prize: trip for two to To win, pick up an issue of BuiifieiftWeek beautiful Gold Coast, magazine from 7 June to 30 August 1993. Australia Entry forms are in the 7 June to 30 August 2MB PR ZE; issues
      88 words

  • Page 20 Advertisements
    • 629 20 Nothing Beats A Bud. or LESSEES Meet the Tiger and the Raffles from, nov till 24June swimwear shews Xiamen Rice Dumplings Unique Fujian Flavours Created by 6 Master Chefs Specially flown in from Xiamen 19 24 June 1993 Takeaway Orders Meat dumpling $3.00 Plain dumpling SI.SO Order taking NOW. To
      629 words
    • 270 20 WHERE TO WINE, DINE AND ENTERTAIN P Tin *i YELLOW RIBBON IT CLUBS Ydkm Ribbon Night For lovebirds to share fond memories. Wei make your lady feel extra special. With a complimentary cocktail drink. A special gift And more surprises than she (and you) would expect So f baig her
      270 words
    • 298 20 t/l French affair from Tor of For rcs€rvalions^ <r s^ p *o mm nmor P^WWP^WBWir A Cufinvy Tour of Franor TOO i inim ■n WulSuUfi' f h»| Lobby Level, Excelsior Hotel JUOUmfIO 11 am to lam daffy Hillside Lounge features two exciting bands The Emeralds' and 'Ebony Ivory I~' 1
      298 words

  • LIFESTYLE
    • 862 21  -  Female movie executives are on the rise, but actresses still get the same old roles as chattel or airheads. Bernard Weinraub believes that women directors see no need for change as long as the films are box office hits Bernard Weinraub NYT THERE are more female executives and
      NYT  -  862 words
    • 437 21 CHATTERBOX AP AP AP AP ELTON JOHN on Tuesday became an Officer of Arts and Letters, one of France's highest distinctions for the arts. Culture Minister Jacques Toubon decorated the British rock star, calling him a "legend, a musician who inaugurated a form of stage show
      AP; Reuter  -  437 words
  • Page 21 Advertisements
    • 98 21 Food for thought. The Smart Lunch or Dinner at Capers is simply the wisest choice in town. Select your appetizers from the Buffet of hot and cold starters. Then, a choice of entree, local or western. And of course, freshly brewed coffee or tea just the way you like it.
      98 words
  • Page 21 Miscellaneous
    • 1208 21 L TV RADIO 1 Charles Man Alone, B.oopm. SBC 12 M On his traumatic personal life with bulimia. >epjrj- i tions. ex-girlfriends and so on. jPfev Mr 1 111 IN 1992 production traces HHP wf -^Mllllin his fall from Prince Charming- ■P' i status and asks whether he iL J
      1,208 words

  • THE LAW PAGE
    • 796 22  -  Ramesh Divyanathan on when not to appeal against a court's judgment Ramesh Divyanathan PUBLIC POLICY dictates that the jurisdiction of the courts should not be unnecessarily restricted. For example, contractual clauses declaring that the courts shall not have jurisdiction over a dispute
      796 words
    • 519 22  -  AT THE BAR By Ramesh Divyanathan The Singapore Institute of Arbitrators will start its own newsletter around August with the aim of raising the institute's profile. Vice-president Raymond Kuah said he hopes to remind the institute's members and inform the general public of the
      519 words
  • Page 22 Advertisements
    • 40 22 > J iccniiM ti tii uws if unamsics, WIH M IBJECTIECEIEB IT A SPIEIEIUTEIIHIIMI If UIIT IT lECMESIWIBIIIE. PIESEHTING TIE lEW VILVIISI GET (REM VIEW) CsBUSEO volvo snt S M Motors PtO Ltd 249 Alexandra Road, Smgapore 0315. Tel: 473 1488
      40 words

  • INNOVATION & TECHNOLOGY
    • 814 23  -  Corinne Kerk checks out the latest player in the handphone market Corinne Kerk SINGAPORE'S handphone war is hotting up. Since the handphone's local debut in August 1988, manufacturers have had a field day launching model after model each more sophisticated than the
      814 words
    • 523 23 NYT Using souped-up versions of conventional brain imaging machines. scientists can now peer into the workings of the human brain, making movies of changes that occur as the mind thinks, talks, listens, dreams and imagines. At the handful of centres where the
      NYT  -  523 words
    • IN TAKES
      • 83 23 SINGAPORE After extensive research, the International Copper Association (ICA), the technical research and marketing arm of the world's copper industry, has achieved what it believes to be specific advances in the manufacture of copper radiators for use in automobiles. The new technology will enable lighter,
        83 words
      • 42 23 Reuter MIAMI Bob Sheets, director of the US National Hurricane Centre, tracked the path of Tropical Depression No.l on Tuesday, the first major weather system of the hurricane season. The 1993 season began on Tuesday and ends Nov 30. Reuter
        Reuter  -  42 words
      • 75 23 Reuters NEW JERSEY American Telephone Telegraph Co said that it will introduce a video storage and retrieval system that would let home TV viewers dial up movies on demand. The AT&T pay-per-view programming services are scheduled for release in mid-94 and will be delivered by local
        Reuters  -  75 words
      • 101 23 AFP WASHINGTON The anti-cancer benefit of eating lots of fruit and vegetables will be lost if you wash them down with more than two drinks of alcohol, researchers say. In a study of 16,000 women and 9,500 men who underwent a medical screening for precancerous
        AFP  -  101 words
      • 87 23 UPI WASHINGTON A first-of-its-kind study provides proof that anabolic steroids the kind taken by athletes and muscle builders alter mood and behaviour, researchers said. The US National Institute of Mental Health researchers tested how 20 healthy, non-athletic men reacted during a two-week period when taking
        UPI  -  87 words
  • Page 23 Advertisements
    • 155 23 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 This announcement appears as a matter of record only. I sK>f*sX)Wpt I I THE THAI DANU BANK PUBLIC COMPANY UNITED I m U5545,000,000 I Transferable Loan Certificate Facility I H Arrangers and Lead Managers I ©DBS BANK I I TAT LEE BANK LIMITED
      155 words
    • 359 23 ESQEEEES9 ROUNDTABLE WITH THE KiUUiittifl GOVERNMENT OF THE REPUBLIC OF |HV| SRI LANKA The Lanka Oberoi, Colombo June 29 July 1, 1993 Sponsored by: The Roundtable provides an ideal opportunity for senior executives to make an on-the-spot assessment of Sri Lanka's operating environment; gauge the impact of important forthcoming political
      359 words

  • 478 24 EDITORIAL TO LIVE in Germany as a foreigner now is to risk one's life, said a Berlin newspaper following a fresh wave of attacks against foreigners on Saturday. Five girls and a woman of Turkish origin died in a firebombing in the western town of Solingen.
    478 words
  • WHAT THE OTHERS SAY
    • 306 24 RECENT remarks by a senior State Department official that America was moving towards a limited global role have caused some concern, despite prompt assurances from US President Bill Clinton and Secretary of State Warren Christopher that Washington was not abandoning its leadership role. The issue
      306 words
    • 174 24 THE NWC has gi\en its views on the state of Singapore's economy and what workers stand to gain. Basically, it paints a confident picture and urges employers to reward their workers handsomely according to the spirit of flexiwage. Of late, the employer bodies have voiced their misgivings
      174 words
    • 211 24 WHETHER the Cambodian factions would accept the results of the general election and how to deal with the Khmer Rouge which boycotted the election are issues that would decide the future of Cambodia. Even if the final results of vote counting confirm the opposition royalist
      211 words
    • 178 24 LEGISLATOR Martin Lee Churning has consistently demanded that the Hongkong governor's reform package be tabled in the Legislative Council immediately before the conclusion of the Sino-British talks in Beijing. He refuses to accept that tabling the legislation would prove a serious obstacle to further talks.
      178 words
    • 157 24 UNITED Nations Transitional Authority in Cambodia (Untac) chief Yasushi Akashi has warned all parties that they are committed to recognising the election results and respecting the will of the people. For the sake of Cambodia, the political parties must heed Akashi's warning. Something of
      157 words
  • 1093 24 With methods of taxation varying widely around the world, policy-makers are looking closer than ever at how to tax multinational companies more consistently Economist THE 100 biggest multinational firms own about 16 per cent of the world's productive assets; the top
    Economist; Source: OECD  -  1,093 words
  • Page 24 Advertisements
    • 142 24 MARITIME m CHALLENCESCfI A Special Business Times Supplement' June 29, 1993 The maritime industry is a key element of the Singapore ana regional economies. But maritime companies face stormy seas. Shipping lines are plagued by depressed rates and over-capacity in some markets. At the same time, oil spills have focused
      142 words
  • Page 24 Miscellaneous
    • 105 24 voeu-oa ux»>v GOOD 'PTSUDDG>T\V^ OV A„ wirN^,P -n BPOC BRING ice op &eu3> p»nd rr n/ 7 csgam TUeSc s a van/ sounds *S IP tn&y Y C/M.HHG Bg\STQiQ BgISTQU) 7 A r V IT 1 I UMifrvHCyrOH c amociaudkwwkiblib, iwihi frfVj-r I POONESBURY GARRY TRUDEAU ™T ANGRY,AND UNDERSTAND AMERICA
      105 words

  • ANALYSIS
    • 1665 25  -  After the bickering and bargaining, Cambodian political parties have no option but to hang together in a coalition. Harish Menta reports from Phnom Penh Harish Mehta PEN NARITH, a young bank clerk in Phnom Penh, is sitting in his office and doodling. He writes down
      1,665 words
    • 351 25 THE RULING Cambodian People's Party is in turmoil, and it could be confronted with an internal revolt caused by some top generals who reportedly have decided to defect to the royalist and rival Funcinpec party. The likely defections are being viewed by party
      351 words
    • 702 25  -  India's newest bourse in Baroda, the Vadodara Stock Exchange, has plans to become the most modern in the country. Dev Varam reports Dev Varam Reuter THE URGENT cries of young brokers echo in a small, overcrowded open-air basement as business rises to its peak. Jostling
      Reuter  -  702 words
  • Page 25 Advertisements
    • 55 25 ~^>O V\ i v 1 v A\'l) Ilk" I\\ k I v 11 mi i >;t\ u Kiv tli Mi\ vMI h;K w\jr I!! M V'■ I TALLEST I II V I I 111 111, v>l k\ More jobs in the sales/ services J industry are waiting for you in
      55 words

  • 558 26  -  From Leon Hadar in WASHINGTON tes Secretary of State Warren Christopher says American foreign policy is "too European centred" and that the Clinton Administration is planning to shift its attention in the coming months to deal with Pacific issues. At the
    558 words
  • 126 26 AFP PARIS Singapore Senior Minister Lee Kuan Yew met French right-wing politician and ex-president Valcry Giscard d'Estaing on Tuesday (above), after arriving here on a four-day private visit. Mr Lee met Mr Giscard, who is chairman of the foreign affairs committee of Parliament and leader
    AFP  -  126 words
  • 223 26 AFP BERLIN German corporations have reacted with alarm to the fire-bomb killing of five Turks in Solingcn. seeing in it a brutal act that also splattered blood across Germany's image abroad. "Our great conccrn is how Germany is viewed in other countries,
    AFP  -  223 words
  • 251 26 AFP BRUSSELS The European Community has agreed in principle on tit-for-tat retaliation against US sanctions imposed on the EC on May 28. An informed source in the EC's Danish presidency said yesterday that the community would bar US companies from bidding on public contracts
    AFP  -  251 words
  • 491 26  -  From Alan Boyd in BANGKOK THE Bank of Thailand has stepped up pressure on cashrich commercial banks to reduce lending rates to small borrowers. amid mounting criticism of its credit policy. Central bank officials had earlier announced a one per cent
    491 words
  • 434 26 Reuter PARIS The OECD has rebuked its 24 wealthy member states for allowing farm subsidies to grow last year despite their pledges to reduce a flow of cash which distorts global trade and can hamper economic growth. The Paris-based Organisation for
    Reuter  -  434 words
  • 595 26  -  The Bottom Line MAGGIE FORD MAGGIE FORD The writer is BT's Jakarta correspondent ASIA's two giant developing countries. China and Indonesia, are dancing to the same tune. But fortunately, they are moving to a different beat. That bodes well for foreign
    595 words
  • 314 26 AP Reuter WASHINGTON Sales of new homes soared 22.7 per cent in April, the third straight gain that boosted units sold to their highest level in more than six years, the government said yesterday. Sales more than doubled in the north-east
    AP; Reuter  -  314 words
  • Page 26 Advertisements
    • 399 26 THE ASI AN WALL STREET JOURNAL. CALL *****55 TODAY I KHAW AND SONS PTE LTD I I The Specialist In Mandarin I I Teaching For Business Executives I Khaw And Sons Pte Ltd is a young, forward-looking investment consultancy I firm which offers a comprehensive range of investor-support service. Our
      399 words
    • 23 26 I Mi: VSIAWWI.I STRII I JOl RWI. (Al l. 2236X55 1 01) Bentsen seeks cuts in global trade surpluses with Japan, Pg 7
      23 words

  • Shipping Times
    • 498 27  -  By Dexter Lee SINGAPORE Governments were urged yesterday to give the International Maritime Organisation (IMO) enforcement powers to combat the dec line in the safety of ships. This will, in turn, lead to the creation of a single set of international
      498 words
    • 340 27  -  By Ramesh Divyanathan SINGAPORE Shipping companies seeking opportunities need to be in Asia because of the region's tremendous growth potential. "In a multi-polar world, East Asia is becoming a dynamo in its own right, and those who ignore it will miss out."
      340 words
    • 453 27 MBT KUALA LUMPUR Klang Container Terminal's (KCT) move to introduce the fixedday scheduled berthing terminal (FDSB) in the light of competition from the second container terminal to be operated by the Klang Port Management has received mixed reaction from shipping lines. While
      MBT  -  453 words
    • SHIPS IN PORT
      • 718 28 VmmI Voy No Berth Arrival Departure Vessel Voy No Berth Arrive Departure Jwrwif Port lirta Arta M T 36 P01B atongsrte 0306/2300 *mu6a 02* 93 12 0306/1500 Gi 15C 93 P09B 0206/1400 0306 1400 On 140 93 13 alongside 0306,0300 Arauco 4801EB P0 0206 2130 0406 1600
        718 words
      • 1757 28 RECEIVING Of EXPORT Fa CONTAINERS AND LCL CARGO RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From AalJy 37A 06/1600 2 02/1700 03 0669 03 0900 4 03/1200 03/1469 03/1700 AaVMet 218 04 1800 1 02/1600 02/1669 02/1900
        1,757 words
    • 10814 36 I hiN 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 Pcnang
      10,814 words
    • 3378 41 A Xm.lK < nnlainerline Hclsm Shpg Agcncics Ptc Lid (SVMarinc Handling Sdn Bhd (PK/PN). Accord (.roup: Accord Shpg I'tc Hd (Si/ Accord C'onir Line (PK/PN). Adkris Bwiatss Corporation Philippine: •Calsource Shpg Trdg Ptc Lid (S) Ahrrnkiel Liner Service: Kim Shpg Trdg <S». Albatrus Sea-Air Sen ice: Praia Shpg
      3,378 words
    • 269 41 Abacus Couriers Tel: 545-8011. Fax: 545-1898 Air Express t ravel Td: 533-5771. Fax: 535-6144. Airborne Freight C orporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450 Ouster Liak Supplies
      269 words
    • 1479 41 Abex Express Freigbt Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Aeroliak Freight International Tel: 545-803 L Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74. *****50.
      1,479 words
    • 2200 42 ALBANIA Duress: Four vessels in port of which I discharging lemons. 1 wheat. 1 aid cargo. I loading chrome ore. ANGOLA Luanda: City and port operating normaJl>. power and water supply back to normal. Ports berths busy although no delays reported. Night work, although theoretically possible, is not
      2,200 words
    • 1794 42 SHIP SALES TANKER RATES The information was contributed by Simpson Spence A Young. AFP ONCE again the majority of the sales being reported involve the handy and handymax bulk carriers. Great Eastern of Bombay again feature, being reported as having purchased the Lucky Giant 43.000 dwt and built 1989 at
      The information was contributed by Simpson Spence A Young.; AFP  -  1,794 words
    • 554 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB BA822
      554 words
    • 382 42 CRUISE FERRY SCHEDULES CRI Ait UISI Dep Ports of Calls Port Agent Telephone No JUNE 04 04 Continental World 1500 1900 Sin-Jakarta Lauw Sons Travel 227-8284 08 08 Continental World 1000 1900 Sin-Jakarta Lauw Sons Travel 227-8284 09 09 Continental World 1200 2000 Sin-Jakarta Lauw Sons Travel 227-8284 10 11
      382 words
    • 780 43 DRV cargo freight futures were showing sharp gains of up to 30 points on June 1 at late afternon as the market regained some of the ground lost late last week. Dealers said futures were supported by signs that the traditional summer decline in physical rates may be
      780 words
    • 768 43 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
      768 words
    • 133 43 COURSES Title: Boat Asia '93 incorporating Marina Asia '93 exhibition conferences and Dive Expo Asia '93 exhibiton Duration: June 3-7 Organiser: Marine Recreation Pte Ltd Venue: World Trade Centre T«L- 293-8811 or fax: 298-1298. Title: Marine Insurance and Cargo Claims Duration: June 8-24 (6 afternoons) Organiser Singapore Port
      133 words
    • 926 44  -  Bangkok's Klong Toey is embarking on an efficiency drive under its managing director Payoongkich Chivamit, reports David Hughes David Hughes Fairplay WHILE most port managers strive to attract new business. Bangkok port's managing director Payoongkich Chivamit wants to cut back traffic at the Thai
      Fairplay  -  926 words
    • AIR AND LAND TRANSPORT NEWS
      • 590 46 Singapore's national carrier netted USs2.7sb profit in past four years UPI NEW YORK Singapore Airlines is the world's most profitable with a 1992 operating profit of USS6II million (Ss9B3 million) and a net profit of US$5l3 million, according to Air Transport World magazine.
        UPI  -  590 words
      • 319 46 UPI WASHINGTON Labour unions picketed BMW dealers across the US and the German Embassy in Washington on Tuesday, accusing the luxury car maker of exploiting US workers for "big-buck profits". "BMW calls itself the ultimate driving machine but its behaviour towards North Americans suggests a
        UPI  -  319 words
      • 232 46 Reuter NEW YORK Delta Air Lines Inc said it laid off 136 pilots on Tuesday as part of a round of furloughs announced in March, making its announcement just hours after American Airlines said it planned to lay off up to 450 pilots. American
        Reuter  -  232 words
      • 240 46 Reuter MIAMI The bidding war for bankrupt Piper Aircraft Co, a manufacturer of commuter airplanes, took its next step forward yesterday when the company and its creditors committee were to decide which of three new bids they favoured. The three suitors with
        Reuter  -  240 words
      • 276 46 AP SYDNEY Northwest Airlines will launch a court challenge tomorrow against Australian restrictions of its flights. The Australian government announced on Tuesday it will cancel three weekly services linking New York. Osaka. Japan, and Sydney. Australia, from June 30. Northwest can reapply
        AP  -  276 words
      • 856 46 Pace Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 Alpha Feeders 6 I •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 Bangladesh Shpg 9 5
        856 words
      • LOG BOOK
        • 81 46 Reuter MEXICO CITY President Carlos Salinas de Gortari sent a proposed new law to the Mexiean Congress that would inerease private sector involvement in the country's state-owned ports. The proposed legislation would grant 50-year concessions to invest in and run Mexico's ports with the
          Reuter  -  81 words
        • 88 46 Reuter CINCINNATI Delta Air Lines said it is offering nonstop service from Cincinnati/Northern Kentucky International Airport to Zurich and Munich. The service to Zurich started on Tuesday and the flight to Munich starts today. The new Zurich service is the result of a Swissair
          Reuter  -  88 words
        • 75 46 UPI DEARBORN, Michigan Ford Motor announced on Tuesday that both driver- and passenger-side air bags will be standard equipment on 13 of the company's 17 car lines this fall. Ford has sold four million cars and trucks equipped with the supplemental safety devices since 1985.
          UPI  -  75 words
        • 64 46 Reuter WASHINGTON An investor group said it raised its stake in Carolina Freight Corp to 8.82 per cent or 578,230 shares. In a Securities and Exchange Commission filing, the investor group which includes Tweedy, Browne Co and Vanderbilt Partners said it bought 64.785 shares between
          Reuter  -  64 words
      • 1707 46 ETA Night CTD <*» Fight ETA am ETD Pft GA893 1335 Fukuoka SQ989 1645 SQ990 0110 SQ227 2230 Geneva SR183 2105 h 55^ RJ183 2335 M189' 5 2300 TG408 0910 Amsterdam KL83 1 0935 SQ324 2230 MI89< 5 1 920 SQ323 1725 KL832 2310 TT—* SQ175
        1,707 words
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    • 441 28 TSKUNE AGENCES (S) PTE. LTD. AsgHMflA rI 1 17 "W ¥\Tp Tel: 226-3363 □*■51 A •3tl\t JLJLWIi Fax: 226 1972 3 lra»/l/ 7 w— Tlx: RS *****/TSKSIN. qggjgg? TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I "'filjjy' 1 li'rr" yiiM* 1 'Ilffll ....ft..— wtt **W wWI OCX WHET 218 "31.05
      441 words
    • 1516 28 I p—fcr to tut w—T cojurr ftci m(mm rhi bowm ifrltoni m—m «bm ■JQmV 11LmBLbMB|MBBUoI EBSflpJMHpaflßl EUHK Ma JLS£JIBBJLJBHHBJLII9E HEHfIKJHQfIi IJcMELIaHIIHJDHEI JOB 1 M-ll I Ml Zltt I JBBM _at_ _IM tt_ m |w| m ma «m— gfl— pt mm Egg '-—i fflßllff' CAIIFORNM MERCURY 53 9106 27 6 MS
      1,516 words

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    • 2397 29 CIL 32 !3^?Fi?22?3 A 9 R 4 0 2 NE SH,PP,M AGENC ES P^AUNVTVA N TIL A ?3 N 7l6 E 7^!?AX ,M 5:***** 42 DOCUMENTATION TEL: *****64 FAX: *****09 62j41-»-4 X 626M 1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 P ?unANr TF. FA S ***** lOPNSI ncc
      2,397 words
    • 2207 29 U. S. A. CANADA NEXT AVAILABLE SAILING AXEL MAERSK V.9310 ETA SIN 7TH JUNE 1993 MADISON MAERSK V.9306 ETA SIN BTH JUNE 1993 ARTHUR MAERSK V.9310 ETA SIN 9TH JUNE 1993 vessel Voy ETA I ETO feeder by DESTINATIONS Thn mt madison MAERSK 930« afTTaTiwrt—3!wmi''w9w cy 06/06 0900 MRS CPS
      2,207 words

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    • 1710 30 AQABA R OAM/1 [I I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA HANNOVER EXPRESS 14/321 5/6 14/6 20/6 23/6 26/6 28/6 30/6 Poft Kelang. Penang THAMES 17/122 10/6 26/6 29/6 27/6 Pasir Gudang KAI 02/322 12/6 30/6 3/7
      1,710 words
    • 594 30 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sote Foreign Forwarder in Kabul for alt services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia t Hungary CSFR e Poland ocngsrrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIM VILLE DE PROVENCE
      594 words
    • 1087 30 1 Eamm emmm REGULAR INDEPENDENT FULL CONTAINER SERVICE vsl/VOY 9321 3 08/06 30/06 07/07 01/07 04/07 05 7 °fi/° 7 07 7 09/07 08/07 I 9322 3 15/06 07/07 14/07 15/07 11/07 12 7 13 7 14 7 16/07 15/07 I ISSit i 3 2 3 3 24/06 17/07 23/07
      1,087 words

  • Page 31 Advertisements
    • 2039 31 JR* /KQ STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 SA& new guinea pacific une maiHßßißmmimmmMmMivmam oMb ca service of china navigation co> CARGO DUE SAILS DAMN BROOM VI Jt Muarj. lab IN PT 03 Jul F CL LCI CONTAINER ANO
      2,039 words
    • 2660 31 SINGAPORE AGENT: 11ki/| i Altfdltianc P&O Containers (Singapore Agencies) Pte Ltd X |X\f 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Wmr if Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 PP 1 CR Number **********0Z EXPORT IMPORT VESSEL VOT -PNG 'PKO StM UG SOU
      2,660 words

  • Page 32 Advertisements
    • 802 32 mem I p TOEUROPg fc*. I I WW STOW WWW MM HIMIC 1 antww WTKtif" IMM WIIAYA 37W8 26 30/6 31/7 ~VI 10/1 13/1 I KUIM V2SNB IS-19/7 ~22/1 TisTl TO m Rja^^ffl^NgS tAST COAST PORTS *si *ot na spout std Mtiß rots mt '1 mi MOO IEMASIK bSS 5
      802 words
    • 1066 32 H ANJIN SHIPPING -wTTTJEv ACCEPTING CONTAINERS TO/FROM SHANGHAI DALIAN TIANJIN (XINGANG) QINGDAO AND OTHER CHINESE DESTINATIONS PLEASE CONTACT FOLLOWINGS FOR ENQUIRIES AND BOOKINGS. CHIU HAI BENG DID *****27 PGR *****49 KHOO CHEN MENG DID *****28 PGR *****06 ROSILAH DID *****87 NEVINE CHUAH DID *****33 S'PORE AGENT: HANJIN SHIPPING (S) PTE
      1,066 words
    • 1511 32 j i -j. j I m W w W MKT OS* NCV 9H m 111 CHS HI NTC Lift MM MM TIT M( PJD CMB PM I V .11 !if if U J lIJ If 21/4 2/7 14/7 14/7 17/7 27/7 n/1 nn /7 11/7 11/1 24/1 n,t m .<*
      1,511 words

  • Page 33 Advertisements
    • 1690 33 OOCL HONOUR 25 W II II BSE II ETA SGP 05/06/93 U II II ETA RDM 21/06/93, FLX 22/06/93, U H X H BRE 24/06/93, LEH 26/06/93 U FEEDER V9L VOY I SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK VAN SET CHI DAL/HOC MPH ATL
      1,690 words
    • 1130 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03******75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EAST BOUND—DISCHARGING WESTBOUND—LOADING TRANSHPPED
      1,130 words

  • Page 34 Advertisements
    • 1840 34 AS AGENTS KAWASAKI SINGAPORE (FT!) LTD (CR No: **********0 M) t EL *****77 TELEX KAWAKI R*****5 FAX *****07/8/9 I MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BND I Wtm TEL SA *****00 PK *****75 PEN *****0 JB 236'0 1 PGU *****5/6 I A INDONESIA P.T. SARANA LAUTINTERNUSA. TEL JKT *****08 ■■■■i
      1,840 words
    • 655 34 PHIU-ORKNT LINGS PT€ LTP r 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 6 JUN SYDNEY. MELBOURNE. BRISBANE. FREMANTLE oc II iki AUCKLAND > WELLINGTON. LYTTLETON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH
      655 words
    • 450 34 GOLDEN LINEA UCG ?> GUAN GUAN SHIPPING (PTE) LTD I 23. TtM Iff Street SMQVOIK 0104 Til: ***** M (10 UKS) Fu *****04 (C* No *****SS0000W) ITtAITI/miUII CULT lEKTICE Spore P Kelang Penanj COUCH KM Karachi Dubai I 10 km saotp NMffST Aarach, OutM 2121 tm emu a Kjwa GOIDtN
      450 words

  • Page 35 Advertisements
    • 984 35 f PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I IV cr no **********0E I VESSEL VOY SIN CMS JIB JED AOJ AOE HOD PZU I KOTA WUAYA WJAO2S 7/• 11/6 17/8 30/6 22/6 26/6 21/6 7/7 I HAI XK3NG HXOOI 16/6 24/6
      984 words
    • 1356 35 wssus vot via mm sroti hambwg roturpam ahtwirp thaws u harvi Wilt PIKMNCI 992«W 07/06 02/07 04.07 05/07 06/07 01/07 Hit IK VtGA 9121W »/0* 09/07 11/07 12/07 13/07 15/07 AOAM MMMW 7129W »'Q* 16 07 U/07 19,07 ?0, 07 22/07 Witt 01 SMRIS 9129W 06 23/07 25/07 26/07 27/07
      1,356 words
    • 432 35 I BSA iiT Wm MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf HAKHA V472W IN PI MP* AN VI9IW 04 /06 Kjr PAGAN VI9SW 06/0S tui M PT PATHEM WI23N 04/06 Km M*l«YSI* AGENTS BOUSTEAO SttPPttG AG»»S KUI TEL 03 *****00 PKI
      432 words


  • Page 37 Advertisements
    • 53 37 uc VISA FREIGHT SERVICES PTE LTD fil Established Since 1984 OCEANIA PORTS REGULAR GROUP AGE LCL consolidation AUCKLAND SYDNEY IMPORT EXPORT MELBOURNE FREHANTLE SERVICES FOR BOOKING fir 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
      53 words

  • Page 38 Advertisements
    • 1832 38 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Cuan Cuan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Patra Indonesia Maritime Costar Shipping Pie Ltd Shipping Freight Booking Centre Sdn Bhd 58 Persiaran Ra,a Muda Musa Lot 3 34. 3rd Floor, Jl IR H
      1,832 words
    • 225 38 it»!l SHINYEI SHIPPING (S) PTE LTD 10 ANSON ROAD #15-01/02 INTERNATIONAL PLAZA SINGAPORE 0207 CR NO: **********0N HOT LINE: *****38 (8 LINES) EUROPE ROTTERDAM, HAMBURG FELIXSTOWE 05/06 LEHAVRE/ANTWERP MEDITERRANEAN Barcelona, Marseille, genoa 14/O6 USA LOS ANGELES, NEW YORK 06/06 •ALL IPI DESTINATIONS. NATIONAL EXPRESS 1 M FORWARDERS (S) PTE LTD
      225 words
    • 495 38 IttSSO. VOYI A* WIT* SPORtBANGKOK MAM* GUAM SATAN I OCEANIA EXPRESS (4- JUN2S U 2 U 9 JUL 14 UL 16 I OCEANIA EXPRESS 15 XX 26 JUL 30 AUG 6 AUG 11 AUG 13 I (REEFER CONTAINER A VAX AWE) I I«SSfI VOY ETA SPORE GUAM (T/S) MOTHER VESSEL
      495 words

  • Page 39 Advertisements
    • 612 39 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 7/06 ROTTERDAM 7/06 AARHOS/COPENHAGEN 7/06 HAMBURG/BREMEN 7/06 MARSEILLE/FRANCE 10/06 FELIXSTOWE/UK 7/06 BARCELONA/SPAIN 10/06 LEHAVRE/FRAWCE 6/06 GENOA/ITALY 5/06 ANTWERP/BELGIUM 7/06 LOS ANGELES/WC/IPI 6/06 SYDNEY/MELBOURNE 6/06 NEW YORK/EC 6/06 FREMANTLE/ADELAIDE 6/06 VANCOUVER 9/06 BRISBANE
      612 words
    • 829 39 □CI RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) K FAX: *****15/*****03 [PEll TELEX: RS ***** RISHIP (3 Lines) PtS ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VFSS€L I vo» TiT* I loading fop SPOKE ABVOT II 06 DARtSSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANLMNEI
      829 words
    • 597 39 JAKARTA BANGKOK ttSSEL I HOT I «M I «T I loot IBMMOK BMWOK RAIA BHUM 80S 4/6 8/6 lARU BHUM 77N In PI 1/6 Mon 7/6 ISKA BHUM OSS 5/4 sTs ORAOOW StMOSA 38* Fri 4/6 lue 4/6 I NANA BHUM 55 T~6 Wt NM»I» BMM J44W. _Sal 5J Wed
      597 words
    • 331 39 ®3BBaa jjgjjg BAY OF BENGAL SERVICES KSSI VOY SM MM TKEI UtRON m 03-04/06 09-10/06 16-17/06 DGH BRDGE 259« 06-07/06 12-14 OC 20-2106 TIGE* OKU 321N 07 01 06 14-15/06 21 22/06 IHI STM 7M W 10/06 15-16/06 22 23/06 CVt MNMBU 266N 14-IS/06 21-23/06 20-29/06 vessel ioi sm an
      331 words

  • Page 40 Advertisements
    • 1523 40 jk^MNCONTAINER ~N~/\"l A 9 ents: MAC-NELS SPORE: *****22 (24 LINES) ■fcV J v Jr./a No: **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 J P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 1 1 HKG/TWN/BKK I GOTH/UKC/MED PORTS 2 PEN PKI SIN EVERY TUE/THUR/SAT PEN PK SIN
      1,523 words
    • 246 40 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SIN PRESTIGE 01S 10/6 22/6 24/6 11/7 AUST STAR 87S 20/6 2/7 4/7 20/7 FGUARD BAY 03S 29/6 11/7 13/7 29/7 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH.
      246 words
    • 1037 40 THONG SOON UNES PTE. LTD.] 77 ROBINSON ROAD #15-00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****68 MNOAPOHE TO SARAWAK VESSEL VOT SPORE lEST VESSEL VOY S'PORE DEST EQUATOR JADE 79/3E 05 JUN
      1,037 words



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    • 53 43 —-i "foe Efccufcve Housekeeper -this O wv I I wants is me. Bob I'll never nglec-t I Any job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday times business Times The new Paper LIANHE ZACBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU
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    • 25 43 KON I r EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINO ATOM! F I 1 Business Times weknowaua
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  • Page 43 Miscellaneous
    • 762 43 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.2 1.6 1.1 07 05 0.4 06 1.0 1.6 2.1 2.4 2.5 2.4 2.0 1.5 1.1 0.9 0.9 12 1.6
      762 words

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    • 466 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANIA VIGOUR PACHC 19NB 04/06/93 12/06/93 FR«DAY°!I!«) MONDAY VIGOUR PACriC 19ANB 07/06/93 12/06/93 VIGOUR SINGAPORE 55M8 11/06/93 12/116/33 VIGOUR SINGAPORE 55ANB 14/06/93 19/06/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG MARIA MAS 9379N8 03/06/93 05/06/93 ARKHS GRACE
      466 words
    • 347 44 FREIGHT MANAGEMENT I GENERAL: *****11 BOOKING: *****55 I FAB EASfI Taiwan Kaohsiung, Keelung Korea Busan Hong Kong Hong Kong also accepting to all China points via Hong Kong SSSSfc EES FREIGHT SERVICES PTE LTDI r 1373 #01-60 Wallich Building. Singapore 0207 I Hill Tel: *****66 (10 Lines) Fax: *****69/*****44 AIRPORT
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    • 380 44 WOOD LINE SOUTHERN AFRICA SERVICE SPORE PI DSN CT VESSEL ***** 15/6 2/7 10/7 20/7 'ALSO CALLS E.L. AND Pi. PK SEAFIX SHIPPING SON BHD TEL 367 5525TLX. ***** K.K.: CAPRICORN FREIGHT SERVICES TEL 213 202 TLX. IIMI SECIL MARITIMA, U.E.E. Spf Luanda, Angola. FAR EAST/ ANGOLA SERVICE SPORE LOADING
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  • Page 45 Advertisements
    • 974 45 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VtSStIS VOY 1 PtIA I PKE 1 PCD VESSELS »OY_ SM RTM AWT* LEH* HAM BWtt FEL NOR ASIA MALACCA 9320 A 25/05 26/05 27/05 H. PIONEER 303W 30/05 18/06 l«/ 06 19/06 20/06 20/06 22/06 HMM AOVANCE 19A 01/06
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    • 522 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS vi ssu not sr m ik u SIM MIISM 75 4/1 CNUWON TIUII i) c t FU EAST lIMKSS I 7/C 1/1 IMSOH n«St I MISMN 17 111 11 I Ml 14/1 MSSNO UN M 11 1 COSMC MOKEI
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    • 1099 45 OUR USA 'JZS" I- I— —r rr rrIS I™ r SERVICE CALLS ■>» wit iww w m »iumoi w» »iw mm n,m ».w m m m m m m uO7 01 o; uti SINGAPORE «W UW lUMia DBCOWH »ISM 7 lti;w Ml 7 17, >7 >7*7 17 17 »7,#7 MO7
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  • Page 46 Advertisements
    • 6 46 Marketing I Tomorrow in Business Times
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    • 71 46 RKETING Tomorrow in Business Times Lines ind strvicn npnimlid by Members of the Registry ol Accredited Shipping Agents, Singspore Netionsl Shipping Associstion Nj«Sy For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles
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