The Business Times, 8 June 1993

Microfilm: NL18529
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES MITA (P) 552/12/92 Tuesday June 8 1993 WE KNOW ASIA 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon US, Ukraine to discuss disarmament plan
      66 1 Reuter KIEV The US and Ukraine yesterday agreed to discuss a proposal to dismantle and store at least temporarily former Soviet nuclear weapons on Ukrainian territory despite Russian objections. Visiting US Defence Secretary Lcs Aspin also said he had a better understanding of the
      Reuter  -  66 words
    • Article
      Lock icon Nato forces urged to enforce ban on Serbia
      62 1 Reuter WASHINGTON A senior US senator yesterday said trucks were streaming across the Macedonia-Serbia border and callcd for deployment of Nato forces to enforce sanctions against Serbia. "We're kidding ourselves if we believe this is an cfTcctivc response to Serbian aggression," Democrat
      Reuter  -  62 words
  • Article, Illustration
    MARKET SUMMARY
    111 1 Stack market indices Monday Change STII 1856.12 -14.76 KLSE Composite 728.16 -3.99 Nikkei 20.844.19 -38.05 Hang Seng 7,124.73 -32.76 SET Index 827.14 -4.94 Jakarta Composite ...349.43 -0.23 CLSA China B 1,074.56 f 17.94 Ausl All Ord 1,738.5 -2.5 FTSE 100 2.844.8 14.9 Monday Prtviovs Ham close Dow Jones
    111 words
  • Article
    More Asian expats to fill region's mid-level jobs
    549 1  -  But Westerners will still hold top posts, says survey By Chuang Peck Ming SINGAPORE More Asian expatriates, especially Singaporeans, are expected to take up middle-management and professional postings in the Asia-Pacific region over the next three years, a survey says. But Western
    549 words
  • Article
    Employers making up for loss of spouses' pay
    185 1 SINGAPORE Employers here and abroad are starting to compensate overseas staff for the loss of spouses' earnings, the SIPM survey shows. Besides making sure that an expatriate package is in line with market practices and salary trends at home, a spouse income
    185 words
  • Article
    S'pore electronics firm Tri-M launches share issue today
    357 1  -  By Genevieve Cua SINGAPORE Electronics components manufacturer Tri-M Technologies will today launch its initial public offer of seven to eight million shares denominated in US dollar. Sources said the main board offer will consist of a public portion of four million shares
    357 words
  • Article, Illustration
    Chairman of L&M to get $5m golden parachute
    345 1  -  By Kooi Cho Teng SINGAPORE The "golden parachute" has finally arrived in Singapore. Albert Hong, chairman of listed L&M Group Investments, will get a golden parachute of $5 million if his proposed three-year contract with the company is terminated in the first
    345 words
  • Article
    Landed dwellings are hot property in Singapore
    74 1 HOUSES look set to steal the limelight in the local property market this year. After fuelling the condominium market for the past two years, upgradcrs have turned their attention to landed dwellings and lifted average priccs above (he SI million mark. But Tor
    74 words
  • Article
    KL companies expect a rush of China deals
    865 1  -  From Leslie Lopez in KUALA LUMPUR POTENTIAL joint ventures ranging from the construction of a power plant to highways and recreational parks will be among several deals top Malaysian and Chinese industrial groups will sign during Prime Minister Mahathir Mohamad's forthcoming visit
    865 words
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      151 words
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      29 1 Property Construction Duui Anggada's new targets Pg 23 Mattar to leave Cabinet u Wr. h mfv v>y '-wv >i.y Page 2 Ranariddh changes sides to support Sihanouk, Page 3
      29 words
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      10 1 Hock Lock Siew Red-chip bubble bound to burst Pg 9
      10 words
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      10 1 The Bottom Line Scandalous salaries in Pg See Page 22
      10 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Signs point to a turnaround
        272 2  -  By Teh Hooi Ling THE quarterly index of industrial production of paints, pharmaceuticals and other chemical products continued to shrink in the first three months of this year, figures from the Economic Development Board show. The index, which has been updated with 1992 as the
        Source: EDB  -  272 words
    • Article, Illustration
      Matter resigns from post of Environment Minister
      466 2  -  By Chuang Peck Ming SINGAPORE Dr Ahmad Mattar has quit as Environment Minister and Minister-in-Charge of Muslim Affairs while Ong Chit Chung has resigned as Parliamentary Secretary for Home Affairs and Labour. A statement from the Prime Minister's Office yesterday said their last
      466 words
    • Article
      HP to produce its Omnibook PC in Singapore
      298 2  -  By Bernard Chew HEWLETT-PACKARD'S latest product offering the Omnibook 300 "super portable" computer would be produced in Singapore, the firm's local managing director Paul Chan said yesterday. "Plans to manufacture the Omnibook locally are already in the pipeline." Mr Chan said. He
      298 words
    • Article
      Banque Paribas wins final judgment on claim to shares of Orchard Hotel
      473 2  -  By Quak Hiang Whai THE LIQUIDATORS of PanElectric Industries (Pan-El) have lost their appeal in their claim to ownership of 24 million shares of Orchard Hotel (Singapore) Pte Ltd (OH), a company which once owned Orchard Hotel. A
      473 words
    • Article
      SIA to raise cabin crew executives' pay to compensate for income loss
      296 2  -  By R Sivanithy SIA WILL pay its cabin crew executives $700 more a month to compensate them for income lost after their promotions. The increase part of a new wage deal for SlA's executives was announced in the
      296 words
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      96 2 VENTURING INTO SHARES? I B WE HAVE THE CASH! 1 For more Nifofmation coll SH jgj 1800 *****10 ioM-fr— and male* ir with us. n iP MAKING IT WITH YOU jS j ©DBSFINANCE |S m2B*s ClWlCarii ***** 1H [BSnHnHHIS 111 If 11 |fe -J IBhH^k iMiH^^^HHi^^Sf^^SHl^aHlH Mark Twain's great great
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      144 2 FOR LEASE Breakfast in a garden terrace overlooking the curvilinear swimming pool, and listen to the waterfall gently cascading into a Balineseinspired sunken courtyard and a lily pool set amidst rich tropical foliage. Enjoy resort-style facilities that come with a full-time Manager. Facilities Co-ordinator and exemplary concierge service. Your apartment,
      144 words
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  • THE REGION
    • Article, Illustration
      Ranariddh agrees to back Sihanouk's national govt
      519 3  -  Cambodian elections Reports from Harish Mehta in PHNOM PENH PRINCE NORODOM Ranariddh, the head of the royalist Funcinpec party, has dropped his objections and fully supports Prince Norodom Sihanouk's idea of forming a coalition government with Prime Minister Hun Sen's ruling party. Prince
      519 words
    • Article
      Funcinpec captures lion's share of seats in Hun Sen stronghold, leads by 6pc overall
      464 3 THE royalist Funcinpec party won the lion's share of seats in Prime Minister Hun Sen's stronghold of Kompong Cham, as the final count showed Funcinpec finishing the elections with a six per cent overall lead. Kompong
      464 words
    • Article, Illustration
      Lock icon Asia-Pac computer market seen growing by over 15pc this year
      444 3  -  By Joseph Rajendran SINGAPORE The AsiaPacific computer market outside Japan is expected to grow more than 15 per cent this year to about US$lO billion (5516.1 billion) with the biggest potential in China, India, Thailand and Malaysia. A leading US-based
      Source: IDC Asian Research Center  -  444 words
    • Article
      Lock icon Ramos plays down loss of two top officials
      236 3 AFP MANILA President Fidel Ramos yesterday played down the effects of the sudden loss of the Philippines' top two financial officials and maintained that the country was on the way to "steady growth". lie laughed off speculation of a financial crisis in
      AFP  -  236 words
    • Article
      Lock icon Australia's trade with South-east Asia higher than with EC
      277 3 Bernama KUALA LUMPUR Australia now trades more with South-east Asia than the European Community, but that is not bad news for European business, said Australian Trade Minister Senator Peter Cook. Speaking at the "Australian Business in Europe" seminar in London last
      Bernama  -  277 words
    • Article
      Lock icon KL wants China to join dialogue on Asia-Pacific security
      270 3 AFP KUALA LUMPUR Malaysia yesterday said it wanted China quickly included in an expanded dialogue on security in Asia-Pacific organised by the Association of South-east Asian Nations (Asean). "China as a potential economic and political superpower has to be reckoned with.
      AFP  -  270 words
    • Article
      Malaysia to start cutting tariffs under Afta in 1995
      303 3  -  From Schutz Lee in KUALA LUMPUR MALAYSIA will begin cutting tariffs in 1995 in line with its commitment under the Ascan Free Trade Area pact. The first industries in which tariffs will be lowered on Jan I, 1995 arc cement, chemicals,
      303 words
    • Article
      Lock icon Talks with S'pore on Pedra Branca going well, says Malaysian official
      259 3 Bernama JOHOR BARU Discussions with Singapore on the ownership of Pulau Batu Putih, or Pedra Branca, are progressing well, Director-General of the Survey Department Abdul Majid Mohamed said yesterday. The committee, established last year for the purpose, was studying
      Bernama  -  259 words
    • Article
      Lock icon Mexico seeks KL ties in aquaculture projects
      159 3 Bernama KUALA LUMPUR Mexico is looking into the possibility of cooperating with Malaysia in aquaculture activities. Fisheries Minister Guillermo Jimenez Morales said yesterday. The co-operation could include exchange of information, expertise and technology, joint ventures and exploring investment opportunities in aquaculture in the
      Bernama  -  159 words
    • ASIA NOTES
      • Article
        Oil trade major activity in Asia-Pac
        112 4 SINGAPORE The Asia-Pacific region is currently the second most active area for offshore oil and gas exploration, with total offshore expenditure for the first half of this decade estimated to be worth more than US$6B billion (about SSIOB billion). Senior Minister of State for
        112 words
      • Article
        Lock icon Chinese dissidents on hunger strike
        88 4 AP BEIJING Four dissidents began a hunger strike yesterday at the Shanghai police station to protest the detention of a veteran political activist. Police have detained Zhang Xianliang twice in the past five days. Zhang, 46, has been a democracy activist since the late-1970s and
        AP  -  88 words
      • Article, Illustration
        Lock icon Major face-lift for Opera House
        53 4 Reuter SYDNEY Workers lan Robinson (left) and John Cirlly preparing the steps of the Sydney Opera House for relining to stop water leaking into the famous landmark yesterday. The work is part of a multi-million dollar refurbishment for the 20-year-old building which will be completed
        Reuter  -  53 words
      • Article
        Lock icon TV crew assaulted in Guangzhou
        75 4 AFP HONGKONG A TV crew reporting on the illegal use of public land in Guangzhou was assaulted and detained by county government officials. More than 10 officials from Jianggao county government in Guangzhou allegedly assaulted and illegally detained reporters from Guangdong Television on June 3,
        AFP  -  75 words
      • Article
        Lock icon Helping stars cope with fame
        72 4 Reuter BEIJING China has set up its first agency to help movie stars, pop sensations and other media personalities deal with the downside of fame. The official China Daily said yesterday the Beijing Star Co will help performers "avoid too many commercial disturbances so they
        Reuter  -  72 words
    • Article
      Lock icon Taiwan unveils 10-point package to kick-start economy
      239 4 AFP TAIPEI Taiwan unveiled yesterday a comprehensive economic package in a bid to revitalise an economic slowdown on the island and beef up investment incentives. Vincent Siew, chairman of the Council for Economic Planning and Development (CEPD,) briefed Vice-Premier Hsu Li-teh and other
      AFP  -  239 words
    • Article
      HK lawmakers review Patten's reform proposals despite Beijing warning
      463 4  -  From Steven Vines in HONGKONG HONGKONG legislators yesterday began a review ol Governor Chris Patten's political reform proposals. And in so doing they defied China's warnings that their deliberations will hamper Sino-British negotiations on the colony. One pro-Beijing legislator, Tam Yiuchung,
      463 words
    • Article, Illustration
      Lock icon Li Peng seen losing physical and political battles
      419 4 Reuter BEIJING Six weeks after Chinese Premier Li Peng was rushed to hospital with a heart attack, officials and his doctors are unsure if or when he will be able to resume his role as a key political player. Diplomats said countries
      Reuter  -  419 words
    • Article
      Lock icon Two Koreas fail to agree on terms of talks
      298 4 Reuter SEOUL North and South Korea failed yesterday to agree on terms of talks, with just five days left before communist Pyongyang says it will abandon the Nuclear Non-Proliferation Treaty (NPT). Southern officials said the North had not sent a list
      Reuter  -  298 words
    • Article
      Lock icon South Korea deepens investigation into military corruption
      269 4 Reuter SEOUL South Korea's state auditors, investigating corruption in the nation's military procurement projects, said yesterday an ex-defence minister and at least 10 others were suspected of bribery. "There are at least 11 people, including former defence minister Lee Jong Koo, who are
      Reuter  -  269 words
    • Article, Illustration
      Lock icon Pakistani president Ishaq Khan faces threat of impeachment
      499 5 AFP ISLAMABAD Pakistani President Ghulam Ishaq Khan is facing the first serious threat of impeachment as Prime Minister Nawaz Sharif's cabinet colleagues demand action against his "unethical" moves. Official sources here said yesterday that the ministers were almost unanimous in demanding the
      AFP  -  499 words
    • Article, Illustration
      Lock icon Wet and riled
      50 5 Reuter TOKYO This poster, to promote flood control, has landed Japan's Construction Ministry in hot water. It shows actress Fumie Hosokawa standing with her legs apart as water gathered in her skirt drips through the material to the ground. Women politicians have attacked it as sexist. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Data confirm sluggish Australian economy
      346 5 Reuter SYDNEY A modest rise in Australian retail sales in April and a fall in the number of job advertisements in May have confirmed that the country's recovery remains sluggish. Figures released yesterday showed retail sales rose 0.7 per cent in April to A 58.07
      Reuter  -  346 words
    • Article
      Lock icon Keidanren head says Japan economy not recovering yet
      171 5 Reuter TOKYO The Japanese economy is not yet recovering and the high yen may delay the recovery, says Gaishi Hiraiwa, chairman of the Japan Federation of Economic Organisations (Keidanren). "I feel that Japan's consumer spending and capital investment have not yet started
      Reuter  -  171 words
    • Article
      Lock icon Ayodhya unable to shake off memories of religious violence
      425 5 AFP AYODHYA, India The stunning destruction of the Babri mosque put this northern Indian town on the map and six months later it is unable to shake off the notoriety. Ayodhya remains the battleground for leaders of India's rival Hindu and
      AFP  -  425 words
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      7 3 Editorial: Cambodians must share power, Pg 24
      7 words
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      265 3 At Marie France the important diing isnotiustaftefc but alter after! x\ IS A After most crash cMets and strenuous fmP' J J W Wm exercise programs, any weight lost 1 f J 4>p\ usuaty returns as soon as the endeavour m \Af ends. The hunger pains and aching bones were
      265 words
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      Page 4 Advertisements Column 1
      138 4 Only MONEYMAX gives TOP a smart chequebook that automatically replaces itself* 2af MONEYMAX is a savings-cum- cally replaces itself. chequing account all in one, offering Instant approval of overdraft facility. attractive daily interest and maximum ATM and Phonebanking service all convenience. It has superior features at your fingertips. including a
      138 words
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      Page 4 Advertisements Column 2
      94 4 Your chance to win EXCITING TRIPS AND OTHEE FABULOUS PRIZES |Hn| l n pmze: A trip for two To win, pick up an issue of Business Week beautiful Gold Coast, magazine from 7 June to 30 August 1993. Australia Entry forms are in the 7 June to 30 August 2
      94 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Bangkok prepares for an economic overhaul
      863 6  -  Thailand in the face of deteriorating competitiveness From Alan Boyd in BANGKOK THAILAND is formulating a new industrial policy for its transition to the next rank of regional economic powers, after conceding traditional lowcost markets to China and Vietnam. Industry Minister Sanan Kachornprasart said
      863 words
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      Page 6 Advertisements Column 1
      483 6 The print-out looks like laser. The price doesn't. mi nnnirm-Mnin ii in Introducing the new generation of ink-jet printers [l > that offers laser-quality printing without the cost. r«ij The new EPSON* Stylus.QOO I'Mjjjjp Jl 7* I The Epson Stylus 800 uses the brilliant new Multi-layer yfl| f|§ ji I
      483 words
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      Page 6 Advertisements Column 2
      180 6 i RUSSIA to- t Trade Promotion Office in Moscow 0 Monthly Trade Enquiries from Russian/CIS buyers J, UFV» H Su PP° fled by Russ«r other C.I.S. Governments /J'fffi- H Already used by dozens of Asian companies M- Alpha Ltd. (Hong Kong) Suite A 2, 8/F, 245-251 Hennessy Rd, H.K., (852)
      180 words
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  • THE WORLD
    • Article
      Major faces another new assault from his own side
      432 7  -  Thatcher tries to rally Lords' support for Maastricht referendum From Neville Stack in LONDON LONDON Just as Britain's premier John Major was facing a new round of dire predictions in the weekend opinion polls, a new assault was launched yesterday on
      432 words
    • Article
      Lock icon UN troops ordered to seize Somalians for attacks on Pakistanis
      354 7 Reuter UNITED NATIONS The Security Council has ordered UN troops in Somalia to go after those responsible for the death of 22 Pakistanis in one of the bloodiest incidents in the history of peacekeeping operations. The resolution, adopted unanimously in
      Reuter  -  354 words
    • WORLD WATCH
      • Article
        Lock icon Israel, Jordan agree on peace terms
        102 7 Reuter JERUSALEM Foreign Minister Shimon Peres said Israel and Jordan are agreed on terms for a peace settlement but Jordan was delaying signing because it did not want to act alone. "I think what is missing in Israeli-Jordanian relations is a pen and not
        Reuter  -  102 words
      • Article
        Lock icon Canadian deputy PM to quit politics
        112 7 Reuter OTTAWA Canada's Finance Minister Don Mazankowski announced yesterday his intention to resign from politics. Mr Mazankowski, 57, who is also deputy prime minister, said in a statement that he intended to pursue new opportunities outside politics after federal elections due later this year.
        Reuter  -  112 words
      • Article
        Lock icon Iran president faces growing criticism
        83 7 AFP TEHERAN Iranian President Ali Akbar Hashemi Rafsanjani faces growing criticism at home and a string of foreign setbacks in the run-up to Friday's presidential election, but is sure to clinch a second term in office. Challenged by three political lightweights, he is backed by
        AFP  -  83 words
    • Article, Illustration
      Lock icon Grabbing a bull by its horns
      53 7 Reuter AIRDRIE, Alberta Gary Roc ha of California catching a Mexican fighting bull as another forcado (bull grabber) prepares to catch it during a bull-fighting event last Saturday. It was staged Portuguese style where forcados try to catch a bull and wrestle it to
      Reuter  -  53 words
    • Article
      Lock icon Russia's stance on Ukraine too rigid, says US
      109 7 AFP WASHINGTON US Defence Secretary Les Aspin has warned Russian counterpart Pavd Grachev that Moscow's rigid stance on a nuclear-free Ukraine is "counter-produc-tive", a senior US official was quoted as saying yesterday. The Washington Post reported that the official, who spoke on
      AFP  -  109 words
    • Article
      Lock icon Arabs agree to attend new round of peace talks with Israel
      368 8 M-East nations also call for greater US involvement Reuter AMMAN Israel's Arab enemies agreed yesterday to attend a new round of Middle East peace talks but called on Washington to take a stronger role in negotiations. A final communique
      Reuter  -  368 words
    • Article
      Lock icon Clinton willing to compromise on tax, spending: advisers
      327 8 Reuter WASHINGTON President Bill Clinton said on Sunday he will stick to the principles of his tax and spending cut plans but his top economic advisers said the administration was willing to compromise with Senate opponents. "We're gonna stick with basic principles
      Reuter  -  327 words
    • Article, Illustration
      Lock icon A rose for Robert
      322 8 Reuter WASHINGTON President Bill Ginton joined the Kennedy family at Arlington National Cemetery on Sunday for an emotional tribute to Robert Kennedy, whose assassination while standing for president 25 years ago stunned the US Some 18,000 people attended the outdoor mass to remember Kennedy and to
      Reuter  -  322 words
    • Article
      Lock icon US jobless rate below 7pc after 18 months; home, car sales up
      335 8 Reuter WASHINGTON After a slow start this year, the US economy appears to be gaining strength, with more jobs being created than previously thought. For the first time in 18 months, the jobless rate dipped below 7 per
      Reuter  -  335 words
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      312 8 W A The Singapore Institute of Management k y i conjunction with RUTGERS, The State I I 1 University of New Jersey, invite suitably qualified candidates for the 4th intake of the Master of Science Resource Management programme October Programme Structure The programme consists of 12 courses scheduled over 20
      312 words
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  • COMPANIES & MARKETS
    • Article
      Keppel's bid to take over RDC falls through
      432 9  -  By Rahita Elias SINGAPORE Keppel Corporation's bid to take over fellow Temasek company Resources Development Corp has, as expected, crashed. The local conglomerate, which made the offer through subsidiary Keppel Integrated Engineering (KIE), issued a statement yesterday saying that it had received
      432 words
    • Article, Illustration
      Hai Sun Hup goes against tide to post 6.8pc rise in profit
      407 9  -  By Ramesh Divyanathan SINGAPORE Shippingbased Hai Sun Hup Group went against the industry trend in the last financial year by posting a 6.8-per-cent gain in net earnings to $24.7 million for the year ended March. The profit was
      407 words
    • Article
      Jaya Holdings and Sabah's Sanergy form regional tug venture
      186 9 SINGAPORE Listed marine group Jaya Holdings Ltd has tied up with Sanergy Marine of Sabah to jointly develop their regional harbour tug business. Jaya signed the deal in Sabah yesterday through its subsidiary Jaya Offshore Pte Ltd. Sanergy is part of
      186 words
    • Article
      Giken's net profit falls 8pc despite higher turnover
      276 9  -  By Teh Hooi Ling SINGAPORE Electronic component maker Giken Sakata has reported an 8 per cent fall in group net earnings to $2.16 million in its first fullyear results after listing. This was despite a 29.3 per cent rise in turnover to
      276 words
    • Article
      Betting on red-chip companies can be a risky business
      717 9  -  HOCK LOCK SIEW By Stephen Vines HONGKONG Some Hongkong brokers are thinking about issuing red alerts over some counters controlled by Chinaowned companies. An index devised by Dao Heng Securities shows that such counters or red chips as they have become
      717 words
    • Article
      QAF extends winning streak with 96pc profit jump
      376 9  -  By Genevieve Cua SINGAPORE Food group QAF Ltd extended its winning streak with a strong set of year-end results, boosted by good performances from its core businesses of food manufacturing, retailing and trading. Net earnings improved 96 per cent to 12.3 million
      376 words
    • Article
      Lee Kim Tah said to have 20pc in Tuan Sing project
      239 9 SINGAPORE Construction group Lee Kim Tah Holdings is believed to have taken a 20 per cent stake in the proposed residential redevelopment of the Singapore American School site, to be carried out by Tuan Sing Holdings. Lee Kim Tah's
      239 words
    • Article
      Lock icon Ekran teams up with Skansa unit
      96 9 Reuter KUALA LUMPUR Malaysian construction and power cable firm Ekran Bhd said it has signed a memorandum of understanding with a unit of Skansa AB of Sweden to undertake hydro-electric power dam projects in Malaysia. The memorandum is valid till June 1994 and both
      Reuter  -  96 words
    • Article, Illustration
      Lock icon SUMMARY
      294 9 Source: Bridge Info Perform MM «ff STll's Index sto cfcs Jun 7 Stack Laat •ale (S) °r, (attar i litn Avimo 2220 1.67 CAC 7.000 -0.100 3.27 9.41 CeiCtKM 5.250 0100 3.93 -9 41 FAN 12.400 -0.200 9.34 11.96 GF Aua 3.120 •0.020 2.33 1.90 Gen Ma( 1 210
      Source: Bridge Info  -  294 words
    • COMPANIES
      • Article
        NTUC FairPrice to tie up with Aussie, M'sian firms
        400 10  -  By Sylvia Wong SINGAPORE Singapore's largest supermarket chain, NTUC Fair Price, aims to become one of the main players on the regional grocery scene with two agreements it will soon sign. The co-operative will partner Australian distributor Davids Holdings to wholesale
        400 words
      • Article
        Lock icon Mega Johor steel project to go on: Rafidah
        284 10 Bernama KUALA LUMPUR The proposed MsB.s billion (555.3 billion) mega steel project to be sited in Tanjung Langsat in Johor will still proceed but possibly without the participation of the Taiwan government-owned China Steel Corporation. Malaysian Minister of International Trade and Industry
        Bernama  -  284 words
      • Article
        Lock icon Nylex in talks on manufacturing joint venture in China
        214 10 Bernama PET AUNG JAYA Nylex (M) Bhd through its whollyowned subsidiary, Tamco Cut-ler-Hammer Sdn Bhd, is currently negotiating to establish a joint-venture manufacturing operation in China. Chairman Alan R Jackson told reporters after the company's annual general meeting here yesterday that
        Bernama  -  214 words
      • Article
        Lock icon Kanzen enters tie-up with Pacific Dunlop to make bedding products
        257 10 Bloomberg Business News MELBOURNE Australian diversified manufacturer Pacific Dunlop has formed a joint venture with Malaysian mattress and furniture maker Kanzen Bhd to manufacture bedding products. The joint-venture company will have a total business value between AS2O million (5521.7 million)
        Bloomberg Business News  -  257 words
      • COMPANY BRIEFS
        • Article
          Citicorp sells entire Eu Yan Sang stake
          44 10 SINGAPORE Eu Yan Sang Holdings yesterday announced that Citicorp Investment Bank (S) Ltd is no longer a substantial shareholder. Citicorp sold its entire 9.36 per cent stake or 3.37 million shares for $5.33 million on June 4.
          44 words
        • Article
          Lock icon Integrated Log studies China business
          78 10 Bernama PORT KLANG Integrated Logistics Bhd, en route to a listing on the main board of the Kuala Lumpur Stock Exchange, is looking into setting up business in China to exploit the growing manufacturing industry in southern China. Speaking to reporters during a tour of
          Bernama  -  78 words
        • Article
          Lock icon Bank of China, MBf Factors in tie-up
          78 10 Bernama KUALA LUMPUR Bank of China (BOC) and MBF Factors Sdn Bhd have identified 13 BOC branches to link up with the latter to conduct international factoring trade between the two countries. The MBf Group of Companies said that MBf Factors president Loi
          Bernama  -  78 words
        • Article
          Lock icon Share debut for Thai oil authority unit
          93 10 Reuter BANGKOK Shares in the exploration unit of governmentowned Petroleum Authority of Thailand will begin trading on Thursday, the Stock Exchange of Thailand said. Shares of the PTT Exploration and Production Public Co Ltd(PTTEP) would be traded under the energy sector, it said.
          Reuter  -  93 words
      • Article
        UNIT TRUSTS & FUNDS
        460 10 UNIT TRUSTS FUNDS M«nm' print Singapore Unit Tract Jun 8 Income Bond Policy 3.29 3.41 The Commcrcc 1.37 The Savings Fund 1.23 S'pore Prof Fund 0.57 S pore Sec Fund 0.93 S'pore Invest Fund 1 04 S'pore Equity Fund 0.65 Asia IMt Tmst Mai Invc* Fund 1.76 Mai Prog Fund
        460 words
      • Article, Illustration
        Healthcare giant Baxter aims for US$1b turnover in Asia-Pac
        381 11  -  By Teh Hooi Ling SINGAPORE US-based Baxter International is targeting a turnover of US$l billion from the Asia-Pacific region by the year 2000. And to achieve that, the giant healthcare products manufacturer will be investing US$4OO million over the next seven
        381 words
      • Article
        Lock icon Wharf Cable, Hutch Vision reach TV service distribution deal
        185 11 Reuter HONGKONG Wharf Cable, Hutch Vision and AS Watson have reached agreement on distribution of Hutch Vision's regional satellite TV service on Wharf Cable's pay TV system in Hongkong. Wharf, the Wharf (Holdings) Ltd unit that won a 12year government cable
        Reuter  -  185 words
      • Article
        Lock icon Foreign funds start flowing into Indian stock markets
        381 11 Reuter BOMBAY Overseas fund managers, attracted by lower share prices and improved economic prospects, have begun pumping money into India's turbulent stock markets. India opened up its 22 stock exchanges to approved foreign institutional investors nine months ago for the first time
        Reuter  -  381 words
      • COMPANY BRIEFS
        • Article
          Lock icon Intel wins court battle against AMD
          96 11 Bloomberg Business News SUNNYVALE. California Advanced Micro Devices Inc said the California Sixth District Court of Appeal reversed an arbitrator's award, giving it permanent, royalty-free rights to make clones of Intel Corp's popular 386 chips. However, the company plans to continue making the chip
          Bloomberg Business News  -  96 words
        • Article
          Lock icon Hanix president faces insider probe
          70 11 Reuter rOKYO Japan's securities industry association is investigating possible insider trading by the president of industrial machinery maker Hanix Industry, which filed for protection from creditors in late May. industry sources said yesterday. Hanix president Masashi Hirokawa may have sold up to 500.000 Hanix shares
          Reuter  -  70 words
        • Article
          Lock icon IEL sells funerals business for A$102m
          71 11 Reuter SYDNEY Adelaide Steamship Co Ltd group member Industrial Lquit> Ltd said it has entered into contracts to sell its funerals business for ASIO2 million (SSI 10 million) to Service Corporation International. Adsteam said it expects a capital profit of about AS2S million after
          Reuter  -  71 words
        • Article
          Lock icon Bids for Indian bourse's satellite links
          78 11 Reuter BOMBAY India is considering bids by the world's leading telecommunications companies to help set up its first satellitelinked National Stock Exchange (NSE) by December. NSE board member RH Patll said last Friday. Mr Patil said American I telephone and Telegraph Co and Motorola
          Reuter  -  78 words
        • Article
          Lock icon China Steel in NT$3b wafer venture
          68 11 Reuter TAIPEI Taiwan's state-run China Steel Corp said it is negotiating with a joint venture partner to establish a NTS 3 billion (SSIB3 million) plant producing silicon wafers on the island. China Steel would hold about 30 per cent of the venture with the
          Reuter  -  68 words
    • FINANCE
      • Article
        Europe turning to Dragon bonds
        466 12  -  By Quak Hiang Whai SINGAPORE Asia is fast emerging as a major lender to the once-prosperous European economies. Within slightly over a week late last month. Dragon bonds worth almost US$l billion were launched in the Asian market by three major European financial institutions European
        466 words
      • Article
        Lock icon Lower rates, strong yen hit Japanese insurers
        535 12 Reuter TOKYO Japan's top eight life insurance companies said on Monday that their investment profits in the year to March 31 declined 20.3 per cent from a year earlier. "Asset management was in a very tough situation in 1992/93 because of the yen's
        Reuter  -  535 words
      • Article
        Lock icon Bangladesh fights bank 'delinquents'
        249 12 AFP DHAKA Bangladesh, alerted by the collapse of a local financial institution and the Bank of Credit and Commerce International (BCCI) fiasco, has adopted a tough new law to foil bank "delinquents". Reports on Monday quoted Finance Minister Saifur Rahman as saying the Bank Company (Amendment)
        AFP  -  249 words
      • Article
        Lock icon Call for credit card guidelines in Tokyo
        159 12 Reuter TOKYO Japanese credit firms should set guidelines to prevent more credit card bankruptcies, said an advisory panel to the Ministry of International Trade and Industry (Miti). The panel said yesterday in its interim report on the credit industry that Supreme Court figures
        Reuter  -  159 words
      • Article
        Lock icon New disclosure requirements needed: BIS chief
        243 12 Knight-Ridder STOCKHOLM Banks' financial activity is becoming increasingly hidden and new disclosure requirements should be adopted by the international banking system to ensure its safety, general manager of the Bank for International Settlements Alexandre Lamfalussy said yesterday. In remarks prepared for delivery here to
        Knight-Ridder  -  243 words
      • Article
        Lock icon China expects bond sale to cool economy
        209 12 Bloomberg Business News BEIJING China plans to complete its first sale of shortterm bonds this month, hoping the 20 billion yuan (555.62 billion) of bonds will sap some of the pace from its overheated economy, the Financial News reported. A circular issued by
        Bloomberg Business News  -  209 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        176 12 THE US dollar opened sharply higher this week as the market reacted euphorically to the strong employment figures released last Friday. The US dollar was up yesterday, opening at 1.6120/30 to the Sing dollar, from last Friday's close of 1.6060. This was, however, off the
        176 words
      • Article
        Lock icon London
        188 12 Reuter LONDON The dollar strolled through a quiet European day to stand little changed against both the mark and the yen, with the market happy to pause for breath after Friday's spectacular 2-1/2 pfennig rally, dealers said. "The dollar has done nothing all day, there was not a lot
        Reuter  -  188 words
      • Article
        Lock icon Jardine Fleming topples Baring
        208 12 Bloomberg Business News HONGKONG Jardine Fleming Securities has toppled Baring Securities as the top brokerage for research into major Hongkong stocks, according to the 1993 survey of fund managers by the South China Morning Post. The Post said yesterday that Jardine Fleming, which is a joint
        Bloomberg Business News  -  208 words
      • Article
        Lock icon New York
        90 12 AFP NEW YORK The dollar stabilised yesterday with traders awaiting the release on Friday of May's wholesale prices. At 9:3oam, the dollar traded at 1.6236 German marks, down from 1.6255 marks earlier in London and from 1.6270 marks late Friday. The dollar traded at 107.42 Japanese yen, up
        AFP  -  90 words
      • Article, Illustration
        Untitled
        1440 12 1 rade-onghled index calculated agamn Spare s top 14 trading partners flay year I9R! US$/S$ forward rates Noon June 7 St M Offer 1-month ***** 1.6101 2-month ***** 1.6103 3-month 1.6088 1.6103 6-monlh ***** 1 6105 Source: OCBC FOREIGN CURRENCY NOTE RATES As at lOnm ywtarday: SiapyoR dollars to oae
        1,440 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Indonesia emerges as key copper consumer
        352 13 Reuter SINGAPORE Indonesia's appetite for power and telecommunications infrastructure will make it a key consumer in South-east Asia's copper market, estimated at 260,000 tonnes in 1993, an industry official said on Monday. "The country (Indonesia) is emerging as a sizable and rap-idly-growing consumer of
        Reuter  -  352 words
      • Article
        Lock icon Oil market hit by weak demand
        223 13 Knight-Ridder NEW YORK The oil market has become wobbly ahead of today's meeting of Opec oil ministers as the possibility exists that its outcome whether bullish or bearish may be overshadowed in importance by continuing weak market fundamentals. Market observers think Opec may be
        Knight-Ridder  -  223 words
      • Article
        Lock icon Britain's SG Warburg scraps plans to raise £80m in new equity
        189 13 FT LONDON SG Warburg, the UK's leading merchant banking group, has dropped plans to raise £80 million (S$ 198.2 million) of new equity after sounding out its leading institutional shareholders. The bank had been considering raising the new equity
        FT  -  189 words
      • Article
        Lock icon World's forex dealers look forward to another busy year
        387 13 Reuter HELSINKI Dealers heading home after this year's 35th annual congress of the Association Cambiste Internationale (ACI) were looking forward to another busy year on forex markets as political upheaval across Europe continues. Traders were in good mood at this year's
        Reuter  -  387 words
      • Article
        Futures decline ahead of Opec meeting
        235 13 Bloomberg ENERGY REPORT LONDON Crude oil prices in London and New York fell ahead of today's meeting of the Organisation of Petroleum Exporting Countries in Geneva, as reports of higher output and continued weak demand weighed on prices. Prices were pushed lower as speculation
        235 words
      • SMALL CHANGE
        • Article
          Lock icon M'sia's gold, forex reserves rise
          77 13 Reuter KUALA LUMPUR Malaysia's gold, foreign exchange and International Monetary Fund reserves and holdings of special drawing rights rose to M 552.05 billion (5532.68 billion) at endMarch from M 551.91 billion in mid-March. Bank Negara said. The central bank said total assets and liabilities rose
          Reuter  -  77 words
        • Article
          Lock icon Japan May-end bank deposits down
          94 13 Bloomberg Business News TOKYO Deposits at Japan's 11 major commercial banks decreased 2.3 per cent at the end of May from a year before but were unchanged from the month before, the Federation of Bankers Associations said. Deposits at the 11 so-called city banks as
          Bloomberg Business News  -  94 words
        • Article
          Lock icon Japanese banks sell bond holdings
          108 13 Bloomberg Business News TOKYO Major Japanese commercial banks are selling bond holdings to generate cash for resolving problems linked with non-performing loans, the Nihon Keizai newspaper said. For the year ended March 1993, 11 major banks sold 272.7 billion yen worth of bonds, up 77.9
          Bloomberg Business News  -  108 words
        • Article
          Lock icon Rouble slips to new low against dollar
          92 13 Reuter MOSCOW The rouble slipped to a new low against the dollar on the Moscow Interbank Currency Exchange (Micex) on Monday but a spokesman for the market said the Russian central bank had the situation under control. The rouble fell to 1,089 to
          Reuter  -  92 words
        • Article
          Lock icon Bank Bali plans US$100m bond issue
          82 13 AFP JAKARTA One of Indonesia's biggest private banks. Bank Bali, plans to issue bonds worth almost US$lOO million in August to support its expanding credit base, bank director Rudy Ramli said here on Monday. The bank intends to sell the bonds on the secondary
          AFP  -  82 words
        • Article
          Lock icon European banks eye US brokerage
          79 13 Reuter LONDON European banks Banco Santander and Nat West Capital Markets, the brokerage arm of National Westminster Bank, are seen as the main rivals to buy the troubled brokerage unit of US insurance firm Kemper Corp. the H all Street Journal newspaper reported. Kemper said
          Reuter  -  79 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firmer in quiet trade
        1458 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended firmer yesterday but trade was light and the contract tracked a two-tick range in the absence of fresh incentives and a clear near-term direction, traders said. "The market has been very quiet, there has been scattered shortcovering
        Reuter  -  1,458 words
      • Article
        KL tin down despite higher LME
        624 14 COMMODITY REPORT Tin TIN FELL back after last week's rises, ending lower despite a higher LME on Friday. Dealers said tin finished eight cents down at MS 13.20 a kg. Volume was 35 tonnes against 10. Japanese and local covering was seen. Dealers said
        624 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Pertamina resumes crude oil deals
          49 14 SINGAPORE Indonesian national oil company Pertamina resumed on June 1 its crude processing arrangements with affiliated Asian traders, a Pertamina official confirmed yesterday. The arrangements with several of the affiliates were suspended in mid-May pending approval from Pertamina's Board of Commissioners, the official said.
          49 words
        • Article
          India exporting 1.8m cotton bales
          68 14 NEW DELHI The government has allowed additional 300.000 cotton bales to be exported in the current 1992-93 (September-August) cotton season, raising the total quantity allowed for exports to 1.8 million. The Textile Ministry in a statement said the exports were aimed to boost the depressed
          68 words
        • Article
          Zinc exports hit by competition
          81 14 TOKYO Although Japan's zinc demand is not expected to revive before late this year, exports are unlikely to build past current levels as regional competition is heating up, industry sources say. In Jan-April, Japan exported 10,829 tonnes of zinc, compared with 8.183 tonnes a year
          81 words
        • Article
          Pakistan's palm oil stocks high
          44 14 KUALA LUMPUR Ample supply in the dto mestic market has slowed Pakistan's demand Mr Malaysian palm oil, but traders said buying shoulA strengthen for the July position and beyond. Paidstan is one of Malaysia's largest buyers of palm ol»
          44 words
        • Article
          Kazakhstan seeks Opec status
          65 14 GENEVA Secretary General Subroto yesterday confirmed that Opec will consider an applicatk* by Kazakhstan for observer status in the group, tft said, however, that officials from the former Sovift republic will not be attending the group's talks thai are set to begin today. Mr Subroto said
          65 words
    • Article
      COMMODITY PRICES
      1560 14 Rubber IMS Cwimwdtt r I EM *MCt (fl RSS 1 Contrad (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 93 1 32 00 131.75 132.00 850 2.575 Aug 0 00 0.00 133.00 750 5.575 Sep 0 00 0.00 134.00 0 8.325 Oct/Dcc 0 00
      1,560 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1119 15 -2.5 The Australian share market closed slightly lower with little direction from overseas markets and lacklustre gold stocks. The All Ordinaries Index closed down 2.5 at 1,738.5. "There is very little interest m the market and this was shown by the lack of volume," said one broker. "It was
        1,119 words
      • Article
        Manila
        610 15 +16.88 Shares rose on Friday's news of lower inflation, Philippine Long Distance Telephone Co (PLDT)'s recovery in New York and expectations Manila Electric Co (Meralco) will announce its 60 per cent dividend soon, brokers said. "Those three developments managed to offset the resignation of Central Bank governor Jose Cuisia
        610 words
      • Article
        New Zealand
        191 15 Closed The New Zealand share market was closed yesterday for the Queen's Birthday public holiday. New 7«jlmd Vai Jaa 4 NZ ON) ANZBankuw 4.55 unch 3716 Air Ne» Zealand (A) 1.99 Air Ne» Zealand (B) 2.20 Bank of NZ 0 7* Baycotp 0 74 unch ***** Bnerte> ln>
        191 words
      • Article
        Seoul
        439 15 11.69 Rampant across-the-board advances pushed the stock market to a 31-month high in a liquidi-ty-driven market after early institutional profit-taking failed to put a dent on the bullish tone. brokers said. The Composite Stock Index added 11.69 points to 766.28. up from a previous high of 767.06 on Oct
        439 words
      • Article
        Taipei
        592 15 -51.23 Stocks closed lower across the board in sluggish trade as most buyers stayed sidelined amid a lack of positive news. The Weighted Index opened slightly lower and extended its losses in late trade, closing 51.23 points or 1.2 per cent down at 4,317.00. Turnover shrank to T$ 19.58
        592 words
      • Article
        Bombay
        130 15 +56 Better-than-expected results from Tata Steel encouraged investors to bid prices higher, especially in Bombay, traders said. Continued demand from major institutional investors will support stock prices. The Bombay Stock Exchange index jumped 56 points to close at 2,392, while the National Index gained 18 points, closing at 1,086.63.
        130 words
    • WORLD STOCK MARKETS
      • Article
        London
        610 15 +14.S Shares ended the session firmer, with sentiment boosted on the first day of the twoweek trading account by encouraging company results and strong FTSE futures, dealers said. The FTSE 100 index finished 14.9 points higher at 2,844.8, after peaking at 2,849.8. Trading volume however was just 454.6 million
        610 words
      • Article
        Paris
        122 15 +28.17 Shares rose sharply as fu-tures-led buying pushed prices higher, dealers said. Rate cut hopes had already lifted prices yesterday morning and although the Bank of France kept rates steady, the market continued to make gains as foreign buyers came in. The CAC-40 index was up 28.17, or 1.51
        122 words
      • Article
        Frankfurt
        225 15 +l.lpc Shares showed unexpected strength throughout the session, shrugging off weak fundamentals and losses in Bund futures to close at a six-week high. Dealers said trade was mainly chart-driv-en as the DAX broke through first and then a second resistance point. Turnover still relatively modest, concentrated on car stocks
        225 words
      • Article
        Milan
        190 15 -24 Stocks slumped on worries about Italy's political situation and the indebted Ferruzzi group, traders said. The Milan market's MIB Index ended down 24 points or 2.0 per cent at 1150, its fourth drop in a row. Other European markets were mostly higher. Investors were spooked by results from
        190 words
      • Article
        Brussels
        208 15 +2.13 Stocks closed higher, led by a recovery in Petrofina and Elect rabel shares. The Bel-20 Index rose 2.13 points to end at 1,186.45 after 115,000 shares changed hands, compared with 155,000 on Friday. The index has traded between 1180 and 1200 for two weeks. Petrofina and Electrabel together
        208 words
      • Article
        Amsterdam
        227 15 +2.65 Shares pushed briefly through the 310 level on the EOE Index, aided by firmer foreign markets and a recovery in German bunds. Moderate buying pressure failed to unearth many sellers, so prices climbed sharply. Small chart points 307-308 broken. If Wall Street steady, gains could be sustained. The
        227 words
      • Article
        Zurich
        296 15 +12.4 Shares ended more than one per cent up with a stronger dollar adding to the positive sentiment caused by the SMI blue-chip index breaking above resistance at 2,280 points on Friday. The market went through the psychologically important 2,300 barrier in the morning and later firmed further in
        296 words
      • Article
        Johannesburg
        322 15 +11 Gold shares extended early afternoon losses to finish appreciably lower as the gold price fell back yesterday, but dealers said there was little major selling pressure. They said trade was thin and little interest had been shown in any sector. The Gold Index ended 63 points off at
        322 words
      • Article
        Toronto
        267 15 •7.8 Canadian stocks were slightly weaker in sleepy morning trade as gold shares led the market, dealers said. Gold shares weakened in quiet trading in line with gold futures after a major trade trading house sparked a sellofT, traders said. "If the (price of the) metal goes up, the
        267 words
      • Article
        New York
        563 15 -2.49 The stock market was mixed yesterday, despite higher bond prices. The Dow Jones Industrial Average was down 2.49 points to 3.542.65 at Nam. Volume on the floor of the New York Stock Exchange was 27.92 million shares and advancing shares narrowly outnumbered declines on the NYSE, with
        563 words
      • Article
        Untitled
        755 15 Britannia Funds Stcrtiag Cash Bid Offer Mini Cap Drawl 38 6400 38 6500 Mim Jmt) Cik 0 1193 0 1992 Mian Ma* Income *0 9600 ****** L S$ Cash Income Plus Fund 10 MOO *****0 PS S Reserve Fund 5 2000 5 2100 fSHaJSS .***** 0.493$ Far East Fund *2.7650
        755 words
    • Article, Illustration
      Lock icon HONGKONG
      3074 16 Reuter STOCKS closed lower under pressure from a late round of retail profittaking. brokers said. The blue chip Hang Seng Index fell 32.76 points, or 0.46 per cent, to end the dav at 7.124.73. "China's move to let its currency float freely in some markets may have prompted investors
      Reuter; Source: Bridge Info  -  3,074 words
    • Article, Illustration
      CHINA
      439 16 THE SHANGHAI A share market attracted some buying interest after last week's fall with the CLSA Shanghai A Index closing up 350 points to 7,083.78. The CLSA Shanghai B Index was up 2.5 per cent to 776.36. The major news in the B share market was that Dazhong Taxi
      439 words
    • Article, Illustration
      Lock icon TOKYO
      2539 16 Reuter Stocks ended mixed, giving up earlier gains in late arbitragelinked selling, brokers said. The market lacked themes, with people reluctant to move ahead of the settlement of June futures and options, and the Bank of Japan's quarterly economic survey (Tankan), both on Friday. "Although prices were higher earlier,
      Reuter; Source: Bridge Info  -  2,539 words
    • Article, Illustration
      Lock icon BANGKOK
      1723 16 Stock prices edged lower yesterday due to concern over economic growth prospects, analysts said. Selling pressure in most sectors is expected to continue today in light trading as some investors move to the sidelines ahead of a no-confi-dence debate in parliament scheduled to begin tomorrow. The SET Index declined
      Source: Bridge Info  -  1,723 words
    • Article, Illustration
      Lock icon JAKARTA
      1087 16 Reuter SHARE prices ended mixed in moderate trade, with profit-tak-ing dominating the market, brokers said. Profit-taking, after the recent rises, had kept the market in a consolidation phase, one broker said. However, he added, selling pressure had not been great. Pan Brothers ended 200 rupiah lower to close at
      Reuter; Source: Bridge Info  -  1,087 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2494 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE vdurm Pronwi 8.589.000 Mulpha IMI JOc 4.749.000 FACB MX 3.969.000 Kcnong Bhd 50c 3.458.000 Tan hong 50c 3.073.000 Idris Hyd 50c 2.659.000 MBf Capital 2.532.000 Golden Plus H 2.408.000 Melropte* 50c 2.393.000 Ind Oxygen 50c 2.091.000 KL Industrie* 1.889.000 AMDB
      Source: Bridge Info  -  2,494 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks close mixed on price correction
        5019 17 Bernama A PRICE correction from the recent bull run led the local bourse to close on a mixed note yesterday in fairly quiet conditions. The KLSE Composite Index closed 3.99 points lower to 728.16, the Industrial Index O.BS point down to 1,249.50 and the
        Bernama; Source: Bridge Info  -  5,019 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Nervous selling sends market lower
        1104 18  -  By Helen Chang SINGAPORE Backroom staff in the broking houses enjoyed a much needed breather yesterday with the market lull. Both prices and volume fell as nervous investors acted on recommendations from at least two broking houses to sell. Turnover was a weak 128.16 million
        Source: Bridge Info  -  1,104 words
      • Article, Illustration
        Lock icon Amcol Holdings
        72 18  -  Quak Hiang Whai AMCOL Holdings, which has risen more than SI in five months, is due for a correction. The weekly and monthly charts show that the stock has risen too quickly. The weekly RSI reached the maximum 100 level and is turning down. The monthly RSI is
        SOURCE: BRIDGE INFO  -  72 words
      • Article
        Untitled
        5881 18 1 MAX BOARD Or Gr 1992/93 Laat Val Dar Laat ten DH M* YM Net M Cap High Lav Sair CM*) H* U Baytr S*r Or P/E W moustiial and commercial 770 170 Aetna 650 cd -20 9) 680 6)0 643 630 12.5 2.1 1.9 2S.I 44S.0 220 210 s
        5,881 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
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      123 words
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      Page 11 Advertisements Column 1
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      Page 11 Advertisements Column 2
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      93 words
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      Page 13 Advertisements Column 1
      174 13 ■a. ~r_~ Jrt I 111 ij Ra&k, 1 HE;:;; j Ifl V JM H@ m J m fe-, "I expect great features, top quality, efficient service, fast delivery and installation. At the right price/' Jr Keith Wilson, Managing Director The Advertising Agency Pte Ltd No problem we said. To cap
      174 words
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      Page 14 Advertisements Column 1
      450 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ALCAPHARM C.F.S. (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN THAT pursuant to Section 306 of The Companies Act. Chapter 50.. that the Final
      450 words
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      Page 14 Advertisements Column 2
      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 dassifcation 203 in The jf Straits Times Classified, cjlta |7>7-»»—I
      35 words
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      11 17 rffrrij)'TTv*^ivr^llßf>iftls*niNßßßPßßßHHKffyBßy?^BS!SB6MßMK l^rr'* 9 i^*^BMBMWBBBBBBBKBBWB3FiHiiy!iBBMIBBBBBBBWBBIEB8BM!!^PIIBSEBM3H3BHiPPHBBB!'f i T ■pr in rout hands*. |j^^p|^ggpggggHHlHHHHl
      11 words
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      94 18 For the price of a Business Class ticket, KLM puts you in First Class. All you need to pay is the full lATA Business Class Fare for any originating from Singapore Western Europe and you'll be issued a First Class Ticket up Amsterdam! This privilege is also yours when you
      94 words
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  • SPORTS
    • Article
      Lock icon Last year's champions take centre-stage
      503 19 French Open Review AP PARIS It was a curious French Open, dominated by its champions from last year even though one was missing and the other, against the odds, was dethroned. No amount of heroics in the women's field could erase the fact that Monica
      AP  -  503 words
    • Article, Illustration
      Lock icon Perfect shot gives Azinger Memorial tourney title
      565 19 Golf NYT DUBLIN, Ohio With the greatest sand shot ever hit by the best bunker player on the PGA Tour. Paul Azinger made a lightning bolt of a birdie on the 72nd hole last Sunday to steal the Memorial Tournament from his close
      NYT  -  565 words
    • Article, Illustration
      Lock icon NBA finals pit Sir Charles against His Airness
      712 19  -  All eyes will be on the two giants. Steve Wilstein reports Steve Wilstein AP PHOENIX It's the dream match-up between two Dream Team Olympic gold medalists: Charles Barkley versus Michael Jordan, one on one, eyeball to eyeball, scalp to scalp, for the
      AP  -  712 words
    • Article, Illustration
      Lock icon Two behemoths battle it out
      244 19 AP SAN JOSE, California In a foreign sport played before their curious countrymen, two American sumoiori were the biggest and the best. Akebono and Konishiki, two native Hawaiians at the top of Japan's most popular sport, faced each other in the overall final of the
      AP; Reuter  -  244 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        73 19 Reuter NEW YORK Major League Sunday American: Baltimore 5 Seattle 2; Minnesota 5 Cleveland 4; Detroit 11 California 4: Oakland 10 Toronto 3; Chicago 4 Boston 3: Kansas City 8 Milwaukee 7; Texas 4 New Yorii 3. National: Philadelphia 11 Colorado 7; St Louis S Cincinnati I; Houston 5
        Reuter  -  73 words
      • Article, Illustration
        Lock icon Golf
        216 19 AFP AP Reuter AFP WOBURN, England Peter Baker shattered the course record here on Sunday to complete a comfortable win in the British Masters. Baker, defending a lead of just one stroke going into the final round, hit a 63 to finish seven strokes ahead of fellow Englishman Carl
        AFP; AP; Reuter  -  216 words
      • Article, Illustration
        Lock icon Indy racing
        125 19 AFP MILWAUKEE, Wisconsin The education Nigel Manscll received in his first oval race helped make him a winner in his second. The reigning Formula One world champion passed Brazilian Raul Boesel with 19 laps remaining. then withstood the pole-sitter's challenge on a restart two laps from the finish
        AFP  -  125 words
      • Article, Illustration
        Lock icon Soccer
        172 19 Reuter AFP NEW HAVEN, Coauecticut Brazil strolled to a 2-0 victory over the US in the opening match of the US Cup on Sunday, and made the Americans look like college kids in the process. A goal in the fifth minute from Napoli striker Careca and a second three
        Reuter; AFP  -  172 words
      • Article, Illustration
        Lock icon Tennis
        143 19 Reuter MONACO French Open champion Sergi Bruguera of Spain moved up to fifth place from 11th in the men's rankings issued by the ATP Tour yesterday after his victory over American Jim Courier in Sunday's final in Paris. Leading rankings: 1. Pete Sampras (US) 3.880 points 2. Jim Courier
        Reuter  -  143 words
  • Page 19 Advertisements
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      804 19 f| BANKERS TRUST NEW YORK Li CORPORATION AND SUBSIDIARIES Incorporated with Limited Liability in the U.S.A. Consolidated Statement of Income Consolidated Balance Sheet Bankers Trust New York Corporation and Subsidiaries Bankers Trust New York Corporation and Subsidiaries (USI in millions. (US$ m millions, except per share data) except par value)
      804 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      687 20 pj Nothing Beats A Bud. HHfflfl where to wine, dine and entertain OF wmmmmm From spm to Bpm daily, a good reason to come down with drinks at only $3.50++ each. (House pouring brands only). The North Express Band a Mow Playing! w Ladies Night Every Tuesday! For reservations, please
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      Page 20 Advertisements Column 2
      333 20 The Mandarin Singapore IS PROUD TO PRESENT THE J* FLAVOURS OF FUJIAN 17 To 27 June At Pine Court Master chefs from Fu/ian, China Win 2 return Air tickets to Xiamen! VT* courtesy of Silkair. Please call Pine Court at *****11 x 7981 799 to make your reservations between Offlam
      333 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Broadway's best
      847 21  -  The Tony Awards, Broadway's answer to Hollywood's Oscars, were given out in New York last Sunday. Arthur Spiegelman was at the ceremony Arthur Spiegelman Reuter THE play Angels in America: Millennium Approaches won Broadway's top honours on Sunday and Kiss of the Spicier Woman was named best musical
      Reuter  -  847 words
    • Article, Illustration
      Lock icon Leading ladies lining up for a piece of the action
      252 21 CHATTERBOX UPI UPI UPI SYLVESTER Stallones Cliffhanger and Arnold Schwarzenegger's Last Action Hero are expected to be blockbusters. So several leading ladies are jumping on the action film bandwagon. Geena Davis, who already has some experience in Thelma <& Louise.
      UPI  -  252 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      489 21 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LftM GROUP INVESTMENTS LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Notice is hereby given thai en Extraonfinary General Meeting of the Company wil be held at 13 Third Chin Bee Road, Singapore 2261 on Monday, 28th
      489 words
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      Page 21 Advertisements Column 2
      231 21 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF P.T.K.G. SERVICES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act. Chapter 50. that the FINAL MEETING of the Members of the abovenamed Company will
      231 words
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      Page 21 Advertisements Column 3
      261 21 THK COMPANIES ACT, CAT.SS CP-GRAPHIC ASIA PTB LTD (la Vslaelaty Liquidate) At aa Extraordinary Genets! Meeting of the abovenamed Company held on the 2nd day of June, 1993 the follows* Special Resolution waa psssed:-WINDING-UP It was resolved THAT the Company be wound up voluntarily pursuant to Section 290(1 V(b) of
      261 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1371 21 TV RADIO :«»< :rn in t Eyes of a Witness, 10.30pm, SBC 12 V An arrogant businessman goes to Kenya to persuade daughter to return to the safety of America. What he docs not W bargain for is finding himself wrongly accused of murder. His life is now dependent on
      1,371 words
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  • PROPERTY & CONSTRUCTION
    • REGIONAL SKYLINE
      • Article
        Lock icon Probe on property agents
        57 22 Bernama KUANTAN The state's Valuation and Property Services Department has started a probe on property agents who placed 'For Rent' and 'For Sale' notices on the property without first securing the owners' agreement. The department's Director-Gen-eral Datuk Muhammad Nawawi Mohd Arshad said reports on the activities
        Bernama  -  57 words
      • Article
        Lock icon Kowloon Shangri-La to be upgraded
        107 22 South China Morning Post HONGKONG Shangri-La Asia will spend about HKSI4O million (Ss2B million) of the HKS7OO million it will raise from its public float to refurbish the Kowloon Shangri-La Hotel, says chairman and managing director, Pho Ba Quan. A further HK$2BO million will be
        South China Morning Post  -  107 words
      • Article
        Lock icon SMEs move out of pricey central HK
        87 22 South China Morning Post HONGKONG Small and medium-size companies in Hongkong are planning to move out of the Central area as runaway rents show no signs of abating. Office rents in Central have already risen 7 per cent this year and are expected
        South China Morning Post  -  87 words
      • Article
        Davenport Campbell opens in Bangkok
        92 22 SINGAPORE Australian architectural firm Davenport Campbell has opened an office in Bangkok. The firm, which now operates in five Asian countries Singapore, Malaysia, Hongkong, Taiwan and Thailand expects these Asian offices to bring in more than 50 per cent of its revenue. Its annual sales
        92 words
      • Article
        Lock icon Canberra and Brisbane properties up
        77 22 Australian Financial Review SYDNEY Colonial Mutual's Australian Property Fund says its Canberra and Brisbane properties have risen substantially in value, according to the latest valuations. The properties include the Royal Brisbane Hospital car park, which has been revalued upwards by 18 per cent to AS
        Australian Financial Review  -  77 words
      • Article
        Lock icon Raine & Horner office in Jakarta
        36 22 Raine Horner office in Jakarta Australian Financial Review SYDNEY Australian estate agent Raine Horner Commercial has opened an office in Jakarta and plans to open branches in other Indonesian cities, including Surabaya. Australian r: i n
        Australian Financial Review  -  36 words
    • Article
      Landed property expected to steal limelight from condo sector
      1350 22  -  Interest in landed projects is set to rise this year. Sylvia Wong looks at the demand and supply of this sector Sylvia Wong THE upgrading urge, which has helped fuel the rise of the local property market in recent years, has
      1,350 words
    • Article
      ERA Realty Networks plans to make its services more accessible
      403 22  -  A J Leow looks at the local agency's targets A J Leow ERA Realty Networks aims to set up an islandwide network of outlets to make its services more accessible. Managing director Harry Chua says the agency's goal is to
      403 words
    • Article
      PROPERTY WATCH
      276 22 Selected ERA transactions in the past weak JJi£ion OMrict Pro** Type T ""JiS** PRIVATE May 31,93 1128 Shelford Green Apt/pooT 1300 FH 570,000 438 May 31,93 2056 Far Horizon Garden Apt/pool 1150 99 400,000 348 May 28,93 2057 Bishan Parle Cdo Apt/pool 1550 99 510,000 329 May 31,93
      276 words
    • Article, Illustration
      Duta Anggada banks on 7 major projects for growth
      1269 23  -  William Chia looks at an Indonesian property developer's plans for the future William Chia INDONESIA'S largest listed property developer Duta Anggada Realty is banking on seven new major projects to give its portfolio more balance and to generate a steady income
      1,269 words
    • Article, Illustration
      S'pore group sells Beijing project on utilities factor
      462 23  -  A Chinese industrial park is offering features that will attract S'poreans. Yong Pow Ang reports Yong Pow Ang A LOCAL consortium plans to offer Singapore comforts in Beijing at one third of the price in the Lion City. The Innovation Industrial Park
      462 words
    • Article
      Overseas buyers step up activity in London office market
      703 23  -  They account for 87pc of fourth-quarter deals, reports Jeremy Lake Jeremy Lake The writer is an associate director with Richard Ellis LURED by affordable prices and low interest rates, overseas buyers are stepping up their activity in the London office market.
      703 words
  • Page 22 Advertisements
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      79 22 NON-STOP TO THE GULF Pv **> 3 TIMES A WEEK Oulf Air flies non-stop from class you travel, you 11 fly in comfort Singapore to Bahrain every styl e experiencing our Wednesday, Friday and Sunday, traditional hospitality. Come fly with offering more inter-Gulf connections A. us discover the international than
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      Page 22 Advertisements Column 2
      17 22 PORT SHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. Business Times
      17 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      280 23 Tat Lee Bank is teeming with branches f With Tat Lee Bank you have friends all over Singapore. Our 23 J 9*® branches are strategically 9 placed so there's bound to be one near to where ®®§J you live or work. And Na<" t H our friendly staff will I
      280 words
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  • Article
    Cambodians must share power
    535 24 EDITORIAL THE euphoria that followed Cambodia's May 23-28 election, hailed as a success after an overwhelming 90 per cent turnout, quickly evaporated when Cambodian voters learnt two harsh lessons: That even a peaceful election cannot guarantee that democracy will bloom; and that an election does not
    535 words
  • WHAT THE OTHERS SAY
    • Article
      Driven by pure need
      257 24 IT DOES LOOK like China has attained escape velocity. Whichever way one looks at the International Monetary Fund's new formula for calculating economic output which places China as the world's third largest economy, up from 10th place and knocking Germany down a peg, this is another
      257 words
    • Article
      Taking Mendaki to a new level
      207 24 DR. AHMAD MATTAR stepped down as chairman of the Mendaki Board of Directors at a time when Mendaki has established itself as an organisation that has proven its worth to the Malay-Muslim community. Dr Mattar should have stayed on considering the fact that there
      207 words
    • Article
      Focus on national interests
      187 24 SINGAPORE has always faced the problem of how to overcome the challenges of national survival and development. During the early nation-building years, almost everyone understood its severity and Singaporeans were determined to see the nation succeed. But, after so many years of economic growth and a
      187 words
    • Article
      The value of human rights
      205 24 AS PEOPLE IN Hongkong last night commemorated the terrible events of June 4, 1989, many would have reflected on how much more readily they were able to express their anger and emotion than were people in Beijing. The tens of thousands of demonstrators who marched
      205 words
    • Article
      Democracy in Cambodia
      147 24 THERE COULD STILL be a pause before the world can give the United Nations a longed-for pat on the back and breathe freely over the birth of a new Cambodia. Democracy can only be the saviour of that embattled country if the painstakingly nursed gestation of its
      147 words
  • Article
    Lock icon Peeved with privatisation
    1214 24  -  Erika Laszlo looks at why Hungary's privatisation programme has become the target of a barrage of criticisms Erika Laszlo UPI Hungary, which passed the first privatisation law in Eastern Europe after the fall of communism, is disenchanted with its faltering programme to transfer stated-owned property to private
    UPI  -  1,214 words
  • Page 24 Advertisements
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      92 24 W W* We have assisted many A I II I I.' If lj companies in putting II I I I I P. together special features Xl w JLX X U 1 JU to highlight their achievements. And this experience can be put V to good use for YOU. From the
      92 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      56 24 DOONESBURY GARRY TRUDEAU THIS CRIME OF COURSE! m±,SGE, FROMMW? ASTU&fT MJOIVBE REAU¥* JOHNTRA- THER&& Affscumy CANVOU VOOAIS ANOTHER A UfOHMMBIS OESO3URE? UREA CUJIKAL neuron, GOT TWIOORPS,Om* 1111 I CAN MAKE THEM HAP- \S?tS' fSLigaSSase RJCHARD6EFBANP PENFORIOU, BABE! IN KM BAG/USER! GOT A BEL AIR RVNUTE! JUST *%2£Jf I XURATBHTION* 6REOW6KTfTON
      56 words
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  • ANALYSIS
    • Article, Illustration
      The trouble with trade
      953 25  -  As Japan and the United States prepare for trade talks later this month, a dangerous vacuum is forming in their economic relationship. Anthony Rowley reports from Tokyo Anthony Rowley SOME time this month no-one seems to know precisely when US and Japanese officials are supposed to
      953 words
    • Article
      A lean year for Japanese firms
      1354 25 THE CORPORATE result season for 1992/93 is drawing to a close in Japan and it has hardly been a vintage year. In fact, the third lean year for profits has caused many analysts to predict continuing famine into 1994. This could be very strong.
      1,354 words
    • Article, Illustration
      Lock icon Relocating to stay competitive
      1256 25 Soaring land and labour costs may force some Hongkong firms to base their white collar and clerical staff in other countries Bloomberg Business News HONGKONG'S rampant inflation rate is set to drive thousands of white collar jobs out of the territory over the next few years,
      Bloomberg Business News  -  1,256 words
  • Page 25 Advertisements
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      99 25 On Sale Now! Mnuftat bn Uaiiiiaiian oa Bad Soak A—iq» fraa ifct Q*ay unto S—Of bm» <■ qt»c» In this Issue... Putting the risk back in Singapore The Island Republic's quest for new entrepreneurs Plus Economic Report: South Korea is moving quickly on the road to reform Management: A new
      99 words
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  • Article
    Lock icon Japan rallying Asia to resist US bid for managed trade
    573 26 NYT TOKYO In its most direct attack yet on the Clinton Administration, Japanese officials have swept through Asia in recent weeks to rally opposition against America's notion of managed trade, arguing that while Japan may be Washington's target now, they
    NYT  -  573 words
  • Article, Illustration
    Lock icon Spaniards back Socialists again in close fight
    505 26 AP MADRID Voters have given the Socialist Party and Prime Minister Felipe Gonzalez a fourth straight term in office, but served notice that they expect things to be done differently this time. Allegations of corruption and a dismal economic outlook cut sharply into
    AP; Reuter  -  505 words
  • Article
    Lock icon Commission expects European economies to shrink
    333 26 Reuter LUXEMBOURG European Community (EC) finance ministers came face to face with the harsh facts of recession yesterday as the European Commission told them that their economies would shrink and their budget deficits grow this year. Economic Affairs Commissioner Henning Christophersrn said the EC's
    Reuter  -  333 words
  • Article, Illustration
    Days of high UK boardroom salaries coming to an end
    809 26  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a UK-based journalist who contributed this commentary to BT TOP PEOPLE'S salaries in some British boardrooms have become highly controversial and, in some cases, scandalous. It is not that top
    809 words
  • Article
    Singapore team's visit will boost trade: Hungary
    363 26  -  From Magdalene Ng in BUDAPEST SENIOR MINISTER Lee Kuan Yew's visit to Hungary will promote trade between the country and Singapore, Dr Bcla Kadar, Minister of International Economic Relations said yesterday. Dr Kadar, in a press briefing after his meeting with Mr Lee,
    363 words
  • Article
    Lock icon Germany could lose edge in high-tech, warns Rexrodt
    162 26 Reuter BONN Germany could lose its position as a world leader in advanced technology because of cheap competition from other countries and excessive bureaucracy and high costs at home. Economics Minister Guenter Rexrodt said. He told a news conference yesterday that Germany's
    Reuter  -  162 words
  • Page 26 Advertisements
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      172 26 Singapore's most popular > Key Telephone System 2nd 3rd August 1993 Shangri-La Hotel, Manila, Philippines Ministerial Address HE Rizalino Navarro, Secretary Department of Trade Industry KEY PARTICIPATING ORGANISATIONS: Subic Bay Metropolitan Authority Department ofTransportation Communications Bases Conversion Development Authority Development Bank of the Philippines National Economic and Development Authority National
      172 words
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      Page 26 Advertisements Column 2
      6 26 The trouble with trade, Pg 25
      6 words
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      Page 26 Advertisements Column 3
      158 26 The Pricing Trading of Financial Instruments with Application to TREASURY MANAGEMENT 5,6,7, July 1993 a Holiday Inn Parkview a Singapore A practical 3-day training programme covering ▲Introduction to Financial Instruments ▲Currency Swaps ▲Term Structure of Interest Rates ▲Offshore Borrowings ▲Fundamental Analysis of ▲Derivative Securities Foreign Exchange ▲Option Markets Contracts ▲Technical
      158 words
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      Page 26 Advertisements Column 4
      16 26 SINGAPORE COm Distributor of the most sought after Key Telephone System V Tel: 278 7088 HH
      16 words
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  • SHIPPING TIMES
    • Article, Illustration
      Hongkong's leading tanker operator set to diversify
      407 27  -  By Rahita Elias HONGKONG WorldWide Shipping of Hongkong will expand beyond its core shipping operations into the manufacturing and real estate business in China, said chairman Helmut Sohmen "It would be interesting to diversify into other areas. We have to plan for the
      407 words
    • Article
      Lock icon Strong yen spells disaster for Japanese shipbuilders
      679 27 Industry also threatened by European, S Korean rivals AFP TOKYO Three years ago, Japan's leading shipbuilder, Mitsubishi Heavy Industries, completed the world's largest and most luxurious cruise vessel after the British ship Queen Elizabeth 11. Built at a cost of 24 billion yen
      AFP  -  679 words
    • Article
      Lock icon MC Shipping shareholders delay vote on charter change
      252 27 Bloomberg Business News NEW YORK MC Shipping Inc shareholders last Friday voted to delay a final vote on changing the corporate charter from self-liquidating to a perpetual operation. The delay for an unspecified period of time was approved at the annual meeting
      Bloomberg Business News  -  252 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      853 27 Page Coi ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkicl 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 Bangladesh Shpg 9 5
      853 words
    • Article
      YCH Group sets up joint venture in Penang
      363 27  -  By Ramesh Divyanathan SINGAPORE YCH Group, a major local warehouse operator, has kicked off its regionalisation drive with a joint venture agreement to operate a warehouse in Penang. The company, which has set its sights on going public within the next three
      363 words
    • Article
      Lock icon New convention adopted on liens and mortgages
      386 27 Fairplay LONDON On Sunday, a new international convention on maritime liens and mortgages was adopted. The convention aims to improve conditions for ship financing and to encourage the development of national merchant fleets by promoting uniformity in the area of maritime liens and
      Fairplay  -  386 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        502 28 M U M— H i tn W**® Wj WO DwUi WTIf 91 IMpViV* u M— Mat n. Hi VftSM fOy IW DWI mtw§m MpWI fir* UM Vatar Item Ei(m Naatfcs Saata 181/8 VtaM Mbp Mv€fibii6 QMWB Dm Saapana Hao Hasaa B H* BUM tank Uwran lM 101
        502 words
      • Article
        CONTAINER SCHEDULES
        1097 28 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO < 3 E IE 4 1 Voy lit 1 Etb/Btr 1 R ocvd Bootog/Batanct iriod From T« Rsfts From Aci Lata 39* 08/1300 07/1500 07/1669 07/1900 fcx Sm 1 09/1500 07/1500 08/0700 08/1200 07/1859 08/1159 08/1459 07/1900 08/1480 08/1700 B
        1,097 words
    • Article
      THE SHIPPING GUIDE
      11837 36 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
      11,837 words
    • Article
      SHIPPING AGENTS
      3374 41 Coataiaertiae NV: Bcisin Shpg Agencies Pic Lid (SVMannc Handling Sdn Bhd (PK/PN). Accord Group Accord Shpg Pie Lid (SVAccord Contr Line (PK/PN). Adkra Busiaeu Corporation Philippiae: Calsource Shpg Trdg Pic Lid (S) Ahrenkiel Liacr Service: Kim Shpg Trdg (SI Albatrm Sea-Air Semite: Krata Shpg Pic Ud (S). Alfred
      3,374 words
    • Article
      COURIER SERVICES
      266 41 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Ouster link Supplies Services Tel:
      266 words
    • Article
      AIR FORWARDERS
      1481 41 A hex Express Freight Td: 542-7171. Fa*: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Actrvair Singapore Td: 542-7812: Fax: *****20. Aeroliak Freight International Td: 545-8031 Fax: *****05 Td"542-5911. Fax: *****18. Air Cn|o Novo Express Td: 542-5454. Fax: *****06. Air Expresa latcraatioaal Td: 542-7666. Fax: *****74. *****50. Air Market
      1,481 words
    • Article
      PORT CONDITIONS
      2215 42 ALBANIA Duress: Three vessels in port discharging of which 1 bulk wheat. 1 aid cargo. I nee. ANGOLA I uindi: Port operating normally although traffic levels low. No delays are reported. Lobito, N ami be: Ports operating normally but very low traffic levels. No berthing delays reported. Soyo:
      2,215 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1817 42 SHIP SALES TANKER RATES Simpson Spence Young AFP ALTHOUGH there were fewer high capital deals coming to light in the second hand field, it was interesting to note that a couple of major orders were reported for newbuilding tonnage at European yards. In Spain Tapias of Madrid were said to
      Simpson Spence & Young; AFP  -  1,817 words
    • Article
      AIR FREIGHT SCHEDULE
      561 42 ARRIVALS Op Flight Type ETA I From TODAY NCA KZ203 B747F 0145 I NRT KAL KE697 B747F 0150 I SEL JAL JL6I7 B747F 0345 I TYO SI A SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 I AMM/DXB CLX CV796 B747F 2115 I LUX/AUH/KUL TOMORROW AZA
      561 words
    • Article
      CRUISE & FERRY SCHEDULES
      379 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Aft Dtp Name of Vessel ETA L TD Porte of Calls Port Agent Teieyhoae No ME 08 08 Continental World 1000 1900 Sin-Jakarta Lauw Sons Travel 227-8284 09 09 Continental World 1200 2000 Sin-Jakaita Lauw Sons Travel 227-8284 10 II Andaman Princess 1000 1200 Sin-Port
      379 words
    • Article
      DAILY FREIGHTS
      935 43 RATES eased for Atlantic Panamax tonnage, but little activity has been evident on June 4, brokers said. Some market observers are predicting rates will drop to US$B,OOO or US$9,OOO daily for Panamax tonnage for transatlantic round voyages over the summer months and the early fall and not rise
      935 words
    • Article
      TRANSPORT DIARY
      920 43 COURSES TMe: Marine Insurance and Cargo Claims Duration: June 8-24 (6 afternoons) Organiser Singapore Port Institute Tel: For further details and application forms contact SPI at tel: 321-1825 (Mangagement courses) 321-1707 (Operations Courses) 321-1107 (Marine Course) or fax: 321-1416. Title: Multimodal Transport Management Duration: June 17/18 21/22 Organiser:
      920 words
    • Article, Illustration
      Lock icon TAA in fight for its life
      1380 44  -  The EC is planning a temporary injunction against the Trans-Atlantic Agreement, reports Elizabeth Canna Elizabeth Canna American Shipper THE Commission of the European Communities sees no place for the Trans-AHantic Agreement (TAA) under EC competition law, at least in its current form. According to
      American Shipper  -  1,380 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Garuda to become latest shareholder of Abacus
        338 46  -  By Rahita Elias SINGAPORE Singaporebased Abacus Distribution Systems, the Asia-Pacific's mega computerised travel reservations system, will soon have a new shareholder Garuda Indonesia. The national carrier, which already participates in the system, is set to become a full equity partner by taking an
        338 words
      • Article, Illustration
        Lock icon Bound for Mozambique instead of Cambodia
        85 46 Reuter KURASHKI, Japan Vehicles for United Nations being loaded onto the 10,195-ton World Glory at Mizushima port in Kurashiki, western Japan, on Saturday to be shipped to Mozambique. The UN shipped 111 of the 705 vehicles stored in a Okayama car lot, western Japan.
        Reuter  -  85 words
      • Article
        Lock icon USAir to seek other buyers for London routes
        211 46 Reuter NEW YORK USAir Group Inc said it will seek other buyers for its routes to London from Philadelphia and Baltimore following the US Department of Transportation's rejection of its applications. "We will seek other purchasers for the Philadelphia and Baltimore authorities,"
        Reuter  -  211 words
      • Article
        Lock icon Fedex denies reports of shakeup
        262 46 NYT Bloomberg Business News PRINCETON A Federal Express Corp (Fedex) official says that the replacements for senior executives Thomas Oliver and Carole Presley will be "strong", despite reports claiming the resignations have caused a shakeup in the company. The company's shares were downgraded last week
        NYT; Bloomberg Business News  -  262 words
      • Article
        Lock icon Delta's revenue in 4th qtr will be lower than forecast
        149 46 Bloomberg Business News ATLANTA Delta Air Lines Inc, struggling to return to profitability, said last Friday that promotional programmes are filling seats but will lead to lower-than-expected revenue in its fourth fiscal quarter. The Atlanta-based airline said that system yield,
        Bloomberg Business News  -  149 words
      • Article
        Lock icon Ansett begins selling Australia to Bali tickets
        377 46 Reuter SYDNEY Domestic carrier Ansett Australia yesterday began selling tickets for its first international service, between Australia and Bali, which is scheduled to begin on Sep 11. Ansett is offering holiday packages and air tickets from Sydney, Melbourne, Perth and Darwin to the
        Reuter  -  377 words
      • Article
        Lock icon Thailand to start producing national pick-up next year
        496 46 The Nation BANGKOK Siam VMC Automobile Co Ltd will produce the first indigenous vehicle of Thailand next year in response to the liberalisation policy for the car industry initiated by the Industry Ministry. The company's assembly plant at Bang-Prakong will start production
        The Nation  -  496 words
      • LOG BOOK
        • Article
          Lock icon BA may face strike, says union
          105 46 Reuter LONDON A UK trade union said British Airways could face a strike at Gatwick airport this week if talks over pay and conditions break down, a union leader said. An officer of the GMB general union said its members were still in dispute
          Reuter  -  105 words
        • Article
          Lock icon Shipping firm to distribute profits
          78 46 AFP ABU DHABI A major Saudi shipping company will distribute U5553.3 million (5585.3 million) to shareholders this month after a good performance in 1992, it said on Sunday. The National Shipping Company of Saudi Arabia (NSCSA) said the cash dividend, accounting for 10 per cent
          AFP  -  78 words
        • Article
          Lock icon US judge dismisses US$100m lawsuit
          100 46 AP MIAMI A judge has dismissed a US$lOO million (Ssl6o million) lawsuit over a 1990 fire aboard a North Sea ferry, saying the case should be tried in Scandinavia. A total of 159 passengers died when an arsonist set a fire aboard the ship as
          AP  -  100 words
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          Lock icon Privatisation will help Aerospatiale
          55 46 Reuter IBIZA, Spain Aerospatiale chairman Louis Gallois said privatisation would improve his company's finances and give it more bargaining power in striking alliances with foreign firms. He said it would probably be necessary to recapitalise Aerospatiale as part of its privatisation, saying potential shareholders might demand
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          Lock icon Australian wheat for Iraq unloaded
          55 46 Reuter AMMAN A Liberian-flagged ship detained in Jeddah arrived at Aqaba and is unloading wheat for Iraq in the first shipment of a major purchase from Australia. Iraq was believed to have agreed with the Australian Wheat Board earlier this year to pay cash on
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1346 46 «r n*t ETA nm n» Ma Dfcabi GA893 1335 GA984 0150 AdeiaMc QF81 1940 QF82 2055 tollH RJ182 2200 taisterdam GA893 1335 SQ320 1100 KL837 1445 GA974 2215 KL838 2310 1 SQ348 2300 Auckland NZ35 1550 NZ36 2340 SQ286 2030 0905 B Seri Bei uman B1455
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      8 27 I yesterday. m Fly it w ithWmfm&M ustodayl
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      27 27 Lines and ttnriCM npminlid by Mombtrs of thi Registry of Accredited Shipping Agents, Singapore vsSlSr <y National Shipping Association For advertising enquiries, contact Shipping Tmes: Toi 740-2089/740-2090
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      175 27 International Freight Forwarder EUROPE LCL FCL Services M+R FORWARDING PTE LTD TAA faces suspension, Page 18 #Garuda to become shareholder in Abacus. Back Page HH INTRODUCING EXFRESSRAIL'S EXPANDED ON-DOCK SERVICE. Seamless, on-dock transfers are only part of It The Port of New York New Jersey offers the most first-in/last-out sailings
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      1041 28 TBMJNE AGENCES (S) PTE. LTD. mT.SJL line -Su JlPl I f Tlx: RS *****/TSKSIN. *gyf3P TOKYO SENPAKU KAISHA, LTD. EIiijHIBIiMIIiTMPIBBIISB jsSnssrj 11,Fi| "I H"| T;| ™I £17TI *ai£T m -VM -mm nw 11 (X isoo 17ot *aw um 21.00 24 oo l^gjjgfc^WirfMlW■ rr-ff jgf'gfßTTO AO LOT* mmi nut ILK IMP
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      2333 29 $HIWHO AatHC DOCUMENTATION TEL: *****64 FAX: *****09 P£NANG TEL. *****4 FAXM*****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 ?2J!flSjs n•> iJ adkjq > CFS (PSA F5) TEL: *****21/ *****79 m •><» fit n7 ?*£fo CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL: 07-*****0 FAX: 07-*****9 CR NUMBER: **********0 C Dedicated
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      2002 29 ■uii'iMHiHmii'n FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT SAILING LEIBE MAERSK V.9306 ETA SIN 10TH JUNE 1993 MAERSK ALGECIRAS V.9308 ETA SIN 13TH JUNE 1993 VMM Voy ETA I ETD Fitdtt By —I s~ DESTINATIONS T*» Mat MAJESTIC MAERSK *306 ivoe omo mrs CFS 14/06 2159 HRS JOM LPK REN OAK LOB MOO MEM ATI
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      1488 30 T AQABA R OAM/1 [I ALSO ACCEPTS*) FROOIi VESSEL VOY WO SPORE JEDDAH (VIA JED) S TON H BURO AWERP HAVRE MMM* MAI AymiA THAMES 17/122 10/6 26/6 29/6 27/6 PnriTnfi KAI 02/322 12/6 30/6 3/7 5/7 7/7 Paslr Oudarig LA SEINE 30/123 16/6 2/7 5/7 3/7 a EAST MALAYSIA
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      545 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for al services Viltwi" VOSIOCnny, vUKjIVOIiOK, WOfCOW, I MnRvVUf Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ate North Korea Vietnam e Mongolia o Hungary CSFRe Poland ocT<3>Trans AGENOES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Faadar Vaaaal KTA Ml VILLE
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      1051 30 REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SSSaSS 2*2?MU F m 11(21 14/17 15/07 11/07 12/07 13/07 14 7 w/® 7 15/0 7 I 22i21 1 17/07 23/07 24/07 20/07 21/07 22/07 23/07 25/07 24/07 -I SSiSS SSmmlri m/ 2? ££2 31/W7 01/08 2»/07 29/07 30/07 31/07 02/08 01/ M J^^_gj^jjJ[j
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      2079 31 H STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 Keppel Towers Singapore 0208 Td: *****88 Fax: *****17 TSBR MW QUINCA PACIFIC UNC /SOBm (A BCRVICC OF CHINA NAVIGATION CO) accepts iDnVV CARGO DUE SM.S RMS HMM VOX KM. Skin, Taw 07 01 tan 00 lun 10 hn LC I
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      2664 31 SINGAPORE AGENT: PX4| I AfitQ IfIAI*C P&O Containers (Singapore Agencies) Pte Ltd X iXV/ 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 fF f CR Number: **********0Z EXPORT IMPORT VESSEL VOY -fMO *PKO MM ALO SOU AMT
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      728 32 puMWii wt stok mam/mm tnuttl hpi| inner" IMI WUATA 37W8 26-30/6 31/7 5/0 10/0 13/1 WIN V2SNB 15-19/7 19/0 22/0 125/1 21/1 > TO EAST COAST KBTS iti/WI nn STORE STO KIB BBS Ift WtT > KSSiI 77S 17/6 16/6 30/6 3/7 10/7 A. DESSEL OSS 20/6 19/6 4/7 7/7
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      1470 32 HANJIN SHIPPING FDR m SM LM HAUL SEA PO* FDR VSI SM IIME HAUL SAV IN NYC HMUN VANCOUVER 0131 10 6 OMECT 1/7 3/7 HRMM VANCOUVER 0131 10 6 LOMKACM 0431 15/7 l«/ 7 11/7 HAfUN OAKLAND 022E 17/6 OBECT 1/7 10/7 HAMM OAKLAM) 022E 17/6 N MOKA 009E
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      1337 32 —i f J =1 -f H I ntKrntiuiuM RioaicTH nouicKM mc lm mmw Ntntasm »l I Jf'f iyj 17/4 J! 21/1 n,i MN a/4 a/4 »/7 21/7 21/7 74/7 J/» 4/| 5/4 </| 7/1 17/1 27/1 11/1 1/9 I I J S2TA!? 2! yj 1/7 1/7 7/7 »/7 »/7 11/7
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      1272 33 llscx: 'CALIFORNIA MERCURY' 53E eta Singapore 09/06/93 II gSt II ARRIVING LOS ANGELES IN 17 DAYS II AEX; NE p TUNE lazuli' 0* eta Singapore 10/06/93 II 11 ARRIVING NEW YORK 03/07/93 IN 22 DAYS HI topnw* »•=j KKKIJKK VSL VOY SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY
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      377 33 ©HEUNG-A SHIPPING I Korean Flag Vessels niiY COCTMDKD SERVICE TO; AAAi IMMMRWv WBMI| RIU| MM STRAITS/KOREA SERVICE I*l m SUI t*S BSD MC MOI CHOTMK Ml MJ24 17/ M Mfl 13/ M 17/H 11/H U/« i. OUDBQVF 325* 13/ M U/H I>/H Z3/H M/M IS/M CHOTMK UNO NB32C 19/0S 21/
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      170 33 ICENTENARY SHIPPING SERVICE VtUCI INAMI VOY. WW ETA/P S'PONE ETA/P HCM CITY TANAM AM 92N/S 08 08 JUN 11-11 MM 93 HAU QIANO L ***** 11-11 JIM 15-15 JUN 53 TANAM AM 93N/S 15-15 JUN 10-10 JUN 93 HAU QIANO L ***** 19 18 JUN 22 22 JUN 93 TANAM
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      1095 33 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 CASTBOUO—OBCWKQH6 WESTBOWD—LOAMNG TMHSHPPCD OTA ROTTERDAM
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      1764 34 Kit V yiM AS AGENTS KAVASMM SINGAPORE (PTE) LTD (CI No: 1244<*****0ll) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 MALAYSIA LINE MAMTMI (MALAYSIA) SDN INO TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A INDONESIA: P.T. SAAANA LAUT MIBMttA. TEL: JKT *****08 KAWASAKI KISEN KAISHA, LTD
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      1061 34 PHI LI-Oft If NT LINGS PTC LTD K 108 Robinson Road #07-00 GMG Building Singapore 0106 I 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION I AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 JUN SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 9 JUN AUCKLAND. WELLINGTON. LYTTLETON,
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      985 35 (gggfllf PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I SSSSSiS 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I I flv cn no iooeo67ooooE I VESSEL VOV SM CMS JIB JED AGJ ADC MOO PZU MAI XIOMQ HXOOI 18/8 24/6 1/7 6/7 15/7 17/7 20/7 KOTA WIRAWAN WRNO27 30/6 5/7 11/7
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      1257 35 vessels dot wo feeder spore hamburc rotteroam Antwerp tmams it worn win pt vega mm i3/oo o*/<n 11/07 i2/>7 13/07 is/07 ADAM IWUHM 712VH l»/0< l«/«7 10/07 H/07 20/07 22/07 WLLE DC SOB 9129* 27/0* 23/07 25/07 20/07 27/07 20/07 WLLE DE VENUS $22VK 04/01 30/07 01/00 02/00 03/00 05/00
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      397 35 BSA ik. M MYANMA VBHk FIVE STAR LINE (Myanmar National Line) Loading for Yanion (Rangoon) Spore PJllg fan P.GS| hpa-AN mm MM PAGAN VISOR 12/13 hat 07/ M «M 10/11 AM PATHEW VI23N 11/14 fan MALAYSIA ASEKTS BOUSTEAD SHPPOK MOKES Ul: Ttt 01 *****00 PHI: 18. 03-3H0707 rot ru M-cuis
      397 words
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      2400 38 Full Container Liner Services Maliysu s Agents: Indonesia's Agents: Getters/ Agents: Seeking Agents: Geee Gnen Shining Sdn Bhd Cheng Chiae Shipping Sdn Bhd f.T. Glehei Pntra Indonesia Maritime Costar Shipping Pte Ltd teeUeg Cmtn SM SM 5S Persian Ra ta Muda Vfusa Loc 3.34. 3rd Floor IR H Juanda ,w
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      560 39 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 14/06 ROTTERDAM 9/06 AARHUS/COPENHAGEN 14/06 HAMBURG/BREMEN 14/06 MARSEILLE/FRANCE 10/06 FELIXSTOWE/UK 14/06 BARCELONA/SPAIN 10/06 LEHAVRE/FRANCE 9/06 GENOA/ITALY 12/06 ANTWERP/BELGIUM 14/06 LOS ANGELES/WC/N 13/06 SYDNEY/MELBOURNE 10/06 NEW YORK/EC 13/06 FREMANTLE/ADELAPE 10/06 VANCOUVER 9/06 BRISBANE
      560 words
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      532 39 fig RICHFIELD MARIN! AGENCIES (S) PTE LTD H TEL: *****33 (12 Lineo) \SL FAX: *****15/*****03 Btf| TELEX: R3 ***** RISHIP (3 Lines) ETHIOPIAN SNIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV ETA LOADING FO« SPORE ABVOT 32W8 12/06 DARESSALAAM MOMBASA OJIBCXJTI ASS AS MASSAWA ANOtNET 31MB
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      580 39 JAKARTA BANGKOK a <J —»4 IMS 9/4 12/4 4/4 Fit 11/4 RAM MM SIS U/4 15/4 OtM BHUN 31M lnW S/4 SM 12/4 BRA SHUN iB 12/ i li/4 MMM *M 4 1414 K 9/4 1m 13/4 7= MRU SHUN 7SM Fit 11/6 Mm 14/S 1!£ ORA6OM SOnOM MM fit
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      312 39 «m vc k wk rw mc hd ■una cum mm u/t lyc ivc ic/c vn m/c HONGKONC CLOT ISM M/C 21/ C 21/ C 4/7 7/7 MM V397R 21/1 21/1 M/C 1/7 11/7 14/7 MUMS VSO7N 4/7 C/ 7 1/7 11/7 21/7 ffrP ksxl vc *r r« wt m o>
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      1532 40 jii^MNCONTAiN J ~N=/W A 9 en t» MAC-NELS SPORE: *****22 (24 LINES) aI I V Jr/D Mo: **********06 PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 i f HKG/TWN/BKK I GOTH/UKC/MED PORTS i PEN PKL SIN EVERY TUE/THUR/SAT PEN PK
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      188 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD in in hi SWK PORT KtllMC ft NINE Bill JMK ?0 6 Loading H>( Mate MVAI HUWU 23 6 Loading tw Catcutti DOIfMN 16 6 14 6 Loading Fof Mate rmuß sum* 24 6 Loading Fof Mate UMCEDH 25 6 Loading Fo»
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      947 40 f THONG SOON UNES PTE. LTD.] V; 77 ROBINSON ROAD #15-00. #16-00 SIA BUILDING SWGAPORE 0106 TU: *****88 FAX NO: *****11, *****22 •Kr TLX: RS ***** CARRER, RS ***** ENHOL CABLE: TOSOCO CONVENTION AL/CONTAINgII BOOKINQ LINE: *****65 SINGAPOHI TO SARAWAK vessel vor spore dest vessel vor store pest EQUATOR 111
      947 words
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      53 43 ——i "The Baarite Haiseboper tife O vvwv I I wants *s me. Sob 111 never neglect 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 MINCGU
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      18 43 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. r Business Times mummtm
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      725 43 TODAY'S TIDCS (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 o*oo 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 21M 22M 23N 3.0 3.2 3.0 2.6 2.1 1.5 1.0 0.6 0.4 0.4 0.6 1.1 1.7 2.1 2.4 2.4 2.2 1J 1.4 1.1
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      605 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SWGAPORE MAMLA VIGOUR PACFIC 19MB 04/06/93 12/06/93 VIGOUR PACFIC 19ANB 07/06/93 12/06/93 vigour Singapore 55M8 11/06/93 19/06/93 VIGOUR SWGAPORE 55M8 14/06/33 13/flfi/33_ PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SWGAPORE PORT KLAWG PEWAW6 MARIA MAS 9379W8 03/06/93 05/06/93 ARK US GRACE 322N
      605 words
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      401 44 FREIGHT MANAGEMENT^ GENERAL: *****11 BOOKING: *****5S ASEAN PENANG weekly sailing PORT KELANG weekly sailing MANILA weekly sailing JAKARTA weekly sailing I SURABAYA weekly sailing BANGKOK twice weekly 3 SBBBfc EES FREIGHT SERVICES PTE LTD H #01-60 Wallich Building, Singapore 0207 mM fjl Tel: *****66 (10 Lines) Fax: *****69/*****44 AIRPORT OFFICE:
      401 words
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      418 44 WOOD LINE SOUTHERN AFRICA SERVICE SPORE PL DSN CT A VESSEL ***** 15/0 2/7 10/7 20/7 *ALSO CALLS EX. AMI P£. PK SEAFIX MBPPBIQ SON BHD TEL 907 5639TLX. >7740 KJC.: CAPRICORN FREIGHT SERVICES TEL «1 IB TLX 81SM g&L SECIL MARITIMA, U.E.E. Luanda, Angola. FAR EAST/ ANGOLA SERVICE SPORE
      418 words
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      947 45 HYUNDAI I co LTP WESTBOUND TO EUROPE VESSaS VOY I PNA I PKC IWP I VESSELS WT SN WM ANT* IDT HUM jjj FD. NONASA MALACCA 9321 A OJ/06 09/06 10/0 C H. COMMANDER 304* 13/06 02/07 02/07 03/07 04/07 04/07 06/07 MM ADVANCE 20A 15/06 16/06 17/06 SI FIEEDOM
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      460 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ksxi m n m u OHM TUMI JJ 111 PT fm ust mm i u u ROM 17 18/1 11/ l m 14/1 MM UM II 11/ l MMM 21 MMTM I 11/ l MIII/I mm butib it n/i
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      895 45 OUR USA m r tZ. m rrris p rr 1 service calls —mm rum mm mmm mm nam m-m/m nm mm mm wn wn iw|iw|ii SINGAPORE —mm mm u/m mmm ton vmm m-iim mm nm nm nm nm mm |M/t7| DIRECT EVERY 11 mmm mam mm mm iuw ww um
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      8 46 mm TH i ANALYSIS Tomorrow in Business Times
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      47 46 TatjlcY^lAl^ ANALYSIS Tomorrow in Business Times Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
      47 words