The Business Times, 10 June 1993

Microfilm: NL18529
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Thursday June 10 1993 75«
    13 words
  • 2am LATEST
    • Article
      Lock icon Moves to charge Andreotti with murder
      73 1 Reuter ROME Magistrates here yesterday asked the Senate to lift the political immunity of former prime minister Giulio Andreotti so he can be charged with ordering the murder of a journalist in 1979, Ansa news agency said. The journalist, Carmine Pecorelli, ran a magazine
      Reuter  -  73 words
    • Article
      Lock icon France still opposes EC-US farm deal
      69 1 AP LUXEMBOURG France warned the United States yesterday that it still opposed a trans-Atlantic farm deal, diminishing US hopes to have a world trade accord by the end of the year. Despite agreeing to a European Community-US deal on oilseeds trade on Tuesday, French
      AP  -  69 words
  • Article, Illustration
    MARKET SUMMARY
    109 1 Stock market Indices Wednesday Chant* STII 1864.51 -6.16 KLSE Composite 734.93 -1.33 Nikkei Closed Hans Senf 7,339.08 +79.34 SET Index 845.88 +15.17 Jakarta Composite ...332.83 +0.83 CLSA China B 1,072.78 -16.47 Aust All Ord 1,709.1 -14 FTSE 100 2.866.9 22.5 Wednesday PtttloM llam dose Dow Jones 3.520.19 3,510.54
    109 words
  • Article
    S'pore Telecom bids for billion-dollar project in Hungary
    603 1  -  From Magdalene Ng in BUDAPEST HAVING aggressively built up its presence in Asia, Singapore Telecom is now making a big push to secure business in Europe. It is now looking into two major deals in Hungaiy and eyeing possible ventures in Spain,
    603 words
  • Article
    Lock icon US wants low interest rates to fuel 3pc growth
    95 1 Bloomberg Business News WASHINGTON The Clinton administration wants interest rates to remain low so that US economic growth will climb to a 3 per cent yearly rate In the second half of 1993, a senior White House official said on Tuesday.
    Bloomberg Business News  -  95 words
  • Article, Illustration
    Arch-speculator Soros attacks D-mark
    376 1  -  From Neil Behrmann in LONDON GEORGE SOROS, billionaire philanthropist and famed market mover, has mounted a bear attack on the Deutschemark and German bonds. Mr Soros issued a public forecast that the Deutschemark would "fall against all major currencies, including even sterling". His comments came in
    376 words
  • Article, Illustration
    Morgan Grenfell gives top job to Singapore director
    432 1  -  By Agnes Chen SINGAPORE Morgan Grenfell pic has appointed Lim Ah Doo regional chief executive officer of its merchant banking operations in Asia, sources said last night. Mr Lim was among six Morgan Grenfell Asia Holdings (MGAH) directors who resigned last month
    432 words
  • Article
    Jakarta unveils today new deregulation measures to boost foreign investment
    366 1  -  From Maggie Ford in JAKARTA INDONESIA is to unveil a new package of deregulation measures today aimed at improving the foreign investment climate in the face of increasing competition from countries such as China, Vietnam and India. The Coordinating Ministry
    366 words
  • Article
    Lock icon US$400b needed for Indonesia
    125 1 Bernama-Antara JAKARTA Indonesia needs US$4OO billion (*****.4 billion) in investments during its Sixth Five Year Development Plan, starting April next year, to enable it to grow at an average of 6.5 per cent annually. "About 75 per cent of the investment is expected to come from
    Bernama-Antara  -  125 words
  • Article
    Lock icon US backs Japan and Germany for Security Council seats
    511 1 Reuter NEW YORK The United States ambassador to the United Nations said Washington supported Japan and Germany's bid for a permanent Security Council seat and would spell out its proposals at the end of the month. Madeleine Albright, in a speech
    Reuter  -  511 words
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      182 1 Burberrys Reigns when it pours CONTENTS News C—fmtm S'pora N*ws 2 S'pore-M'su 9.10 Reponal News 3,4.6 (irancial 14.15 WOrld News 8 Futures MarMs Analysis 27 Clob/KISE, SES 19.20 Littoral 26 17 Sports 21 World 17 TV/litastyte 23 Currencw 14 Lw 25 Smo/Conmo .16 S«toe«.llgtlOM Td 1800-*****77 Fax *****75 BT Editorial
      182 words
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      10 1 The Law Page Scripless trading: the legal framework Pg 25
      10 words
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      20 1 Hock Lock Siew Options market deserves second look Pg 9 Hungary is good but East Asia is best, Pg 2
      20 words
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      142 1 7jjßoaom Line Pj, MfßA'// stop Khmer Rdnitie/ Back Pg When precision means everything. *^y Precise timing is critical. For some, a split second ii|)rt£M£s>r can spell success or failure. jtfi/s? Seiko Sport-Tech watches spell not only success. V«^Wf but also reliability, durability and style. f «|Qf/ y,'. Vjl \k*l Each
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Fastest-growing sectors
      319 2  -  By Teh Hooi Ling GOING BY the number of newspaper job advertisements last month, the trading, banking and building construction sectors are expanding the fastest in Singapore. The ad count in the Appointments Section of The Straits Times for positions in trading companies increased nearly two-fold to 178
      Source: ST Appts & Notices  -  319 words
    • Article
      Residential property market still bullish
      426 2  -  Most who booked recent projects have exercised option to buy By Lilian Ang THE residential property market has not waned, judging by the strong takeup rate for three condominium projects offered recently. A check yesterday on the projects Pare Oasis, Central Green and Spring Grove
      426 words
    • Article, Illustration
      Hungary good investment choice, but E Asia still best: SM Lee
      583 2  -  From Magdalene Ng in BUDAPEST HUNGARY is the best investment choice for Singapore companies in Central and Eastern Europe, but East Asia remains the top choice worldwide, says Singapore Senior Minister Lee Kuan Yew. Mr Lee, who is visiting
      583 words
    • Article
      Asia's alternative human rights values may become universal
      347 2 ASIA is working out an alternative formulation of human rights that could set new universal standards, according to Senior Minister Lee Kuan Yew. "It is an alternative formulation with different emphasis," he said in an interview which appeared in the latest issue
      347 words
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  • THE REGION
    • Article
      CPP demands control of key ministries
      565 3  -  The Cambodian power struggle Reports by Harish Mehta SINGAPORE Prime Minister Hun Sen's Cambodian People's Party (CPP) has started dictating terms and wants to control the ministries of Defence and Finance in a future government. CPP leaders made these demands in separate meetings last
      565 words
    • Article, Illustration
      Lock icon Sihanouk refuses to form interim govt
      429 3 Prince angry UN now wants him to make another attempt after hindering earlier bid SINGAPORE Prince Norodom Sihanouk, angry with United Nations officials, the US and malicious newspapermen whom he accused of hindering his bid to form an interim government, has refused to make
      Reuter  -  429 words
    • Article
      Lock icon Set up S-E Asian weapons register: Najib
      258 3 AFP KUALA LUMPUR Malaysia yesterday called for the establishment of a register on military hardware purchased by South-east Asian countries, saying that less secrecy would contribute to regional stability. Defence Minister Najib Tun Razak said that the register would help achieve "some degree
      AFP  -  258 words
    • Article
      Lock icon Thailand hopes to develop towns near planned airport
      265 3 Reuter BANGKOK The Thai government has begun a study of ways to develop an area called Cobra Swamp near a planned US$4 billion (556.4 billion) new international airport outside Bangkok. The National Economic and Social Development Board (NESDB), the government planning agency,
      Reuter  -  265 words
    • Article
      Lock icon World Bank urges Manila to stick to key policies
      244 3 AFP MANILA The World Bank has urged the Philippine government to stick to key economic policies, raise taxes and minimise internal wrangling in order to sustain growth. Thomas Allen, the bank's resident representative here, said late on Tuesday that while the
      AFP  -  244 words
    • ASIA NOTES
      • Article
        Lock icon China factories for lease to foreigners
        120 4 AFP BEIJING China is considering a plan to lease rusty, inefficient state factories to foreigners in a bid to rejuvenate the ailing public sector, the Xinhua news agency said yesterday. Large- and medi-um-sized state firms will be allowed to contract out factories in a
        AFP  -  120 words
      • Article
        Lock icon Beijing revives Electronics Ministry
        76 4 AP BEIJING The government has re-established the Electronics Industry Ministry in hopes of promoting China's high-tech industries, an official newspaper said yesterday. Minister Hu Qili said special emphasis would be given to developing the computer and telecommunication industries, the China Daily reported. The output value of
        AP  -  76 words
      • Article, Illustration
        Lock icon Here's to living
        56 4 Reuter SUBIC BAY A tourist tasting a water vine on Tuesday as he learns jungle survival techniques from a member of the Filipino Aeta tribe during a trip to the forests at the former US naval facilities here. The Aetas taught the same techniques of surviving in
        Reuter  -  56 words
      • Article
        Lock icon Opposition slams Thai govt
        96 4 AP BANGKOK Thailand's opposition members of parliament yesterday began pressing no-confidence motions against the government. Opposition leader Pramarn Adireksarn of the Chat Thai Party said that the government had failed to boost export earnings and to take concrete measures to help the country's poor. He said
        AP  -  96 words
      • Article
        Lock icon Thai MP expelled from coalition party
        81 4 AFP BANGKOK A member of parliament from a party belonging to Thai Prime Minister Chuan Leekpai's coalition has been ousted from his party after a string of statements sharply criticising the government, officials said yesterday. The expulsion of Piyanat Watcharoporn from the Social Action
        AFP  -  81 words
    • Article
      Lock icon China to check pollution in booming rural industries
      226 4 AP BEIJING China is clamping down on licensing of new rural enterprises in an effort to control increasingly serious pollution by the rural industry. According to a report in yesterday's China Daily, the country's more than 20 million rural enterprises generate annually
      AP  -  226 words
    • Article
      China's record May output raises fears of overheating
      451 4  -  By Yong Pow Ang SINGAPORE China's industrial output last month shot up by a record 27.3 per cent from the same period last year, further fuelling fears that the economy has already overheated. Indicators of the overheating include the shortage of raw
      451 words
    • Article, Illustration
      N Korea's nuclear treaty snub a global issue: US
      447 4  -  By Walton Morais SINGAPORE If efforts to persuade North Korea not to withdraw from the Nuclear Non-Proliferation Treaty fail, then the international community will have to consider "next steps", Assistant Secretary of State for East Asian and Pacific Affairs Winston Lord
      447 words
    • Article
      Lock icon Australia welcomes US support for upgrading Apec meeting
      465 4 AFP CANBERRA Officials here yesterday warmly welcomed a statement that Washington is considering upgrading the next Asia-Pacific Economic Cooperation (Apec) forum to a government leaders' meeting as proposed by Australia. US Assistant Secretary of State for East Asia and the Pacific Winston
      AFP  -  465 words
    • Article, Illustration
      Lock icon Taipei strongly opposes anti-graft bill
      279 4 AFP TAIPEI Taiwan authorities, crying constitutional violation, have voiced strong opposition to an anti-corruption bill which would forcc officials from the president on down to authorise trustees to manage their assets. "The requirement contradicts the theme of the constitution which allows the people to have
      AFP  -  279 words
    • Article
      Lock icon Taiwan to deport China official for first time since 1990
      179 4 Reuter TAIPEI Taiwan will deport a visiting Chinese government official for seeking to persuade local businessmen to invest in China, the Justice Ministry said yesterday. Yu Zeyuan, 63, deputy director of the Taiwan Affairs Office in the city of Ningdc
      Reuter  -  179 words
    • Article
      Lock icon Stamp duty hurting share trading: HK securities watchdog
      420 4 Bloomberg Business News HONGKONG The Securities Futures Commission said the continued imposition of stamp duty on Hongkong share market transactions is driving business away to other financial centres. "Stamp duty is an archaic way to tax," said Robert Gilmore, the securities regulator's
      Bloomberg Business News  -  420 words
    • Article
      Lock icon S Korea's business groups unveil US$20b investment plans
      363 4 AFP SEOUL Heads of South Korean conglomerates, heartened by President Kim Young Sam's recent conciliatory tone towards big business, announced a package yesterday of nearly US$2O billion (Ss32 billion) to bolster production. A spokesman for the Federation of Korean Industries (FKI) said
      AFP  -  363 words
    • Article
      Lock icon Tokyo awaits key economic data amid 'slump'
      544 6 Bloomberg Business News TOKYO As Japanese citizens celebrated the crown prince's wedding yesterday, the nation's bureaucrats braced for the release of key data expected to fuel a fractious debate over when the Japanese economy will recover. To policymakers in the West, there's more
      Bloomberg Business News  -  544 words
    • Article
      Lock icon Australia begins trade talks with US
      599 6 Negotiations crucial if Asia-Pac is to avoid protectionist US policy: analysts Reuter SYDNEY Australian Trade Minister Peter Cook yesterday began top level talks in Washington which analysts say are part of an essential dialogue if the Asia-Pacific region is to avoid a protectionist US
      Reuter  -  599 words
    • Article
      Lock icon Australian beef producers lash out at Canadian tax ruling
      308 6 AFP CANBERRA Australian beef producers lashed out yesterday at Canada's International Trade Tribunal, describing it as a protectionist "kangaroo court", after a ruling favouring tariffs on beef imports. Australia's beef industry is the latest addition to a list that includes wheat,
      AFP  -  308 words
    • Article, Illustration
      Lock icon Casualties in a fight for peace
      45 6 Reuter ISLAMABAD Pakistan's top military officers and senior leaders standing with heads bowed yesterday as a Muslim cleric recites prayers at the funeral of 23 Pakistani peacekeepers who were killed in a dash with Somalis on June 5. Renter
      Reuter  -  45 words
    • Article
      Lock icon Sales of Indian state-run firms may fall below target
      383 6 Reuter prices following a major securities scandal and nationwide communal riots in December. The government launched the divestment programme as part of economic reforms designed to reverse four decades of socialism. But Finance Minister Manmohan Singh has made clear Delhi has
      Reuter  -  383 words
    • Article, Illustration
      Lock icon Aussie housing starts up 3.3pc in first quarter to 4-year high
      251 6 Bloomberg Business News CANBERRA Australian housing starts in the March quarter rose a seasonally adjusted 3.3 per cent from the December period to a fouryear high. The Bureau of Statistics said there were 40,429 starts for both private and
      Bloomberg Business News  -  251 words
    • Article
      Lock icon Time for standoff to end, NZ's Bolger tells Washington
      272 6 AP WELLINGTON Prime Minister Jim Bolger on Tuesday called for improved relations between New Zealand and the US, saying the eight-year-old standoff* has lasted too long. Washington ended defence ties and restricted top-level government contacts in 1985, after then-Prime Minister David
      AP  -  272 words
    • Article
      Lock icon Police defuse landmines near Sai Baba's residence
      533 6 Reuter HYDERABAD Indian police on Tuesday found and defused four landmines laid near the residence of a guru who escaped an assassination attempt four days ago. officials said. The landmines were buried around a college where the man who is suspected to have
      Reuter  -  533 words
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      388 3 Bottom Line: Who will stop the Khmer Rouge from coming back? Back Pg The art of the business deal. There are some who believe that art has antique screens and a Ming Dynasty kesi. no place in business. That form must follow The tea lounge is also a treasure trove
      388 words
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      148 4 Going to Britain? Don't lose a night's sleep. I If you're considering a trip to Britain, without the benefits in this Forte brochure, you're sure to lose more than a few night's sleep. Because you'll be paying too much for them. J As Britain's largest hotel group, we offer you
      148 words
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      Page 4 Advertisements Column 2
      199 4 /HOW TO STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, to slay successful in business. <>nc has to he highlv competitive.That means having the right image, up- to- ilatc office equipment and full time experienced staff: yet keeping low overheads. Here at World Wide Business Centre Pte Ltd. we
      199 words
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      Page 5 Advertisements Column 1
      301 5 Citibank Believes That Life Is About Guarantees, Not Just Lucky Draws. B Citibank VISA and MasterCard in association with Qantas Airways bring you Miles Ahead, the travel program that's literally miles ahead. The Beaufort SIMCAFOat Because unlike most programs, this is no lucky draw, 1 but one in which everyone
      301 words
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      94 6 unS PROMARK The most versatile |j| fluorescent markers Ml that work on HI any paper. Hi Colours will not change on heat-sensitive facsimile paper. Bjl Ink will not erase text on the second leaf of Bj9f NCR paper. KS| Ink features extremely strong resistance to BpVI fading or discolouration by
      94 words
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      78 7 TWMY Today Hongkongßank officially opens its full service branch in Batam. Making it the first truly international bank to offer banking facilities in Batam, Johor and Singapore. Now we have all three corners of the Growth Triangle covered. Further proof of Hongkongßank's commitment to be a step ahead of our
      78 words
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  • THE WORLD
    • WORLD WATCH
      • Article, Illustration
        Lock icon Greenpeace checks sand for radiation
        42 8 Reuter ROTTERDAM Greenpeace environmentalists checking barrels of sand taken from the beaches surrounding the British nuclear reprocessing plant at Sellafield on their vessel Solo in the port here on Tuesday. Greenpeace claims the sand contains plutonium. Reuter
        Reuter  -  42 words
      • Article
        Lock icon Tory support at lowest in 7 years: poll
        83 8 Reuter LONDON Britain's ruling Conservative Party has slipped in opinion polls to 27 per cent, its lowest rating for more than seven years, an ICM poll for the Guardian newspaper shows. The poll, published yesterday, showed that if there were a general
        Reuter  -  83 words
      • Article
        Lock icon Israel approves free export zone
        74 8 UPI JERUSALEM Finance Minister Avraham Shohat approved the establishment of a free export manufacturing zone in an attempt to attract more foreign investment and create jobs, the ministry said yesterday. In a reformist move away from Israel's tightly controlled socialist past, Mr Shohat said he
        UPI  -  74 words
      • Article
        Lock icon Call for energy transportation tax
        85 8 Knight-Ridder WASHINGTON Senator John Breaux on Tuesday proposed a broad-based "energy transportation" tax to replace President Bill Clinton's proposed tax based on the heating content of fuel, as measured in British thermal units. In an interview on the MacNeil-Lehrer News Hour television programme, Mr Breaux,
        Knight-Ridder  -  85 words
      • Article
        Lock icon World Bank approves Ukraine loan
        61 8 Reuter WASHINGTON The World Bank said on Tuesday it had approved its first loan for Ukraine, a US$27 million (5543.2 million) credit. The funds will help the country manage its finances better and promote the private sector, the bank said. "Ukraine holds a a wealth
        Reuter  -  61 words
    • Article
      Lock icon Russia expected to apply for Gatt membership today
      416 8 NYT WASHINGTON As part of an effort to integrate Russia into the world economy. President Boris Yeltsin is expected today to present an application to join the General Agreement on Tariffs and Trade, the 111nation, Geneva-based group that oversees world trade, a
      NYT  -  416 words
    • Article
      Lock icon Fed official optimistic about outlook for US economy, inflation
      705 8 Bloomberg Business News BOSTON The United States economy is on the verge of a solid expansion that will not cause high inflation. Boston Federal Reserve Bank president Richard Syron said on Tuesday. The inflation figures are "not compelling" enough to indicate
      Bloomberg Business News  -  705 words
    • Article, Illustration
      Lock icon Even rhinos need skin-care
      53 8 Reuter LONDON Keeper Jim Robson discovering the perils of massaging moisturising cream onto the shoulders of black rhino Jos at Regent's Park Zoo as the heat wave continued on Tuesday. As temperatures soared, Jos and Rosie needed extra skin-care because of the lack of shade in
      Reuter  -  53 words
    • Article
      Lock icon Benetton shows sex organs in latest shock ad
      249 8 Reuter PARIS Italian clothing company Benetton published photographs of 58 sex organs yesterday in the latest of its shock advertisements. Adults' and children's penises and vaginas of various shades of skin colour were displayed in a centre-fold in the left-wing newspaper Liberation.
      Reuter  -  249 words
    • Article
      Lock icon Rapeseed deal angers French farmers
      422 8 Reuter PARIS Angry French farmers attacked the Paris constituency office of Foreign Minister Alain Juppe yesterday, the day after he accepted an EC-US agreement limiting oilseed cultivation. The farmers daubed yellow paint, the colour of rapeseed and a symbol of treachery, with the slogan "Juppe
      Reuter  -  422 words
    • Article
      Lock icon Remains of Clinton's stimulus Bill advances in Senate
      204 8 Reuter WASHINGTON A Senate eommittee approved a US$l.9 billion (SS3 billion) Bill containing elements rescued from President Bill Clinton's US$l6.3 billion economic stimulus package that died in the Senate in April. The Bill, approved 26-1 by the Senate Appropriations Committee on Tuesday,
      Reuter  -  204 words
    • Article
      Lock icon Business leaders urge EC to restore confidence
      186 8 Reuter BONN The Union of Industrial and Employers' Confederations of Europe urged EC countries to restore economic confidence by cutting state debt, curbing regulations on business and demonstrating their commitment to economic and mon tary union. After talks between a European business delegation
      Reuter  -  186 words
    • Article
      Asian-Americans making slow progress in politics
      659 8  -  From Leon Hadar in WASHINGTON ONE of the most interesting phenomena in America politics is the disparity between the economic success of the 7.3 million Asian-Americans and their slow progress in local and national politics. What makes it even more intriguing to many social
      659 words
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      120 8 J Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. rj 8.V.1 n ISLE OF MAN fl BAHAMAS n JERSEY n BELIZE O LIBERIA CI COOK ISLANDS D
      120 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Hong Leong Ind starts core business in consumer goods
      394 9  -  By Sylvia Wong KUALA LUMPUR Hong Leong Industries (HLI) yesterday took its first step towards a new core business in the consumer goods industry with a joint-venture agreement to operate supermarkets in Malaysia. It has partnered Singapore's supermarket cooperative NTUC Fair
      394 words
    • Article
      Hotel Grand Central to launch six more property projects in Malaysia
      409 9  -  By Lilian Ang SINGAPORE The Hotel Grand Central group, which already has a strong presence in Malaysia, will step up its activities there through six new projects in the next two or three years. Four of the projects are
      409 words
    • Article
      Inter-Roller to raise capital of its subsidiary for M'sian expansion
      215 9 SINGAPORE Sesdaq-listed Intcr-Rollcr Engineering expects more business opportunities for the group in Malaysia and will be expanding its operations there. Chairman Lim Yong Wah said in the group's latest annual report that to carry out the expansion projects across the
      215 words
    • Article
      Poor sales pull down GB Hldgs' profits by 24pc
      239 9 SINGAPORE Hit by poor sales in its major markets except the United States, Sesdaqlisted GB Holdings suffered a 24 per cent drop in group net profits for the year ended March 31. The luxury yacht-maker last night announced group net earnings
      239 words
    • Article
      Institutional investors hold key to liquidity poser in options trading
      747 9  -  HOCK LOCK SIEW By R Sivanithy SINGAPORE Imagine an investment that returns 150 per cent in just a month. Or better still, one that returns 700 per cent and for less of an outlay over the same time frame. Too
      747 words
    • Article
      PCI takes 28.7pc stake in Philippine property company
      391 9  -  By Kooi Cho Teng SINGAPORE Sesdaq-listed PCI is diversifying from its core business by taking a 28.7 per cent stake in a property development company in the Philippines. The electronics subcontractor announced yesterday that it paid 89.5 million pesos (555.3 million) to
      391 words
    • Article
      National Kap hoping to diversify into other businesses
      319 9  -  By Teh Hooi Ling SINGAPORE Sesdaq-listed National Kap, which has remained a single product company, plans to diversify into other businesses. Managing director Ng Kok Lip told Business Times that the company, which produces capacitors, is currently looking at a few possibilities
      319 words
    • Article, Illustration
      Lock icon SUMMARY
      309 9 Source: Bridge Info Performance of STII's Index stocks Jun 9 Last S«n lain Stock tak °r factor Avimo 2 340 0 060 1.75 -1364 CAC 7.1 JO 0.100 336 -22.73 Cetcboi 5 300 3.97 FAN 12.300 -0 200 9.37 43.43 GF Ami 3 100 2.32 GcnMag 1 300 0.010
      Source: Bridge Info  -  309 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Buildcon makes strong KLSE debut
          91 10 Bernama KUALA LUMPUR Buildcon Bhd, the ready-mixed concrete producer, made a strong showing on its debut on the Kuala Lumpur Stock Exchange's second board yesterday. Buildcon, a member of the YTL Corporation Bhd group, ended the day at MSB.BO for a M 54.60 premium over
          Bernama  -  91 words
        • Article
          Material Handling to sell stake
          86 10 SINGAPORE Material Handling Engineering, a Malaysian company, has decided to sell its 51 per cent equity stake in MH Components Manufacturing Sdn Bhd to Maki Kosan, a Japanese company which has a 20 per cent interest in MH Components. The sale price is M 5561,001
          86 words
        • Article
          Lock icon Hexza's profit rises by 21.6 times
          82 10 Bernama KUALA LUMPUR Hexza Corporation Bhd's group pre-tax profit surged by 21.58 times for the year ended Jan 31, 1993, to M 54.969 million (553.125 million) from M 5220,000 in the previous year. Announcing its unaudited results yesterday, Hexza sajd group turnover for the
          Bernama  -  82 words
        • Article
          Lock icon PMI posts pre-tax profit of M$5.4m
          42 10 Bernama KUALA LUMPUR Pan Malaysian Industries Bhd, formerly known as Pan Malaysia Rubber Industries Bhd, has reported a group pre-tax profit of M 55.402 million (553.398 million) for the 10 months ended Jan 31, 1993. Bernama
          Bernama  -  42 words
        • Article
          Emperor Int'l buys HK office space
          82 10 HONGKONG Trading company and property developer Emperor International Holdings has bought two floors in a luxury office building in Hongkong's central business district, the South China Morning Post reported. Emperor bought the 17th and 18th floors of Nine Queen's Road Central for HK5234.4 million
          82 words
      • Article
        Lock icon Zhuhai's Lizhu to issue 'B' shares
        106 10 Reuter HONGKONG Zhuhai Special Economic Zone's Lizhu Pharmaceutical Group Inc said it is issuing 28.28 million 'B' shares to raise HKSIIB million (SS24.S million) through a public flotation in Shenzhen. The 4 B' shares with a face value of one yuan will be offered
        Reuter  -  106 words
      • Article
        China projects won't cause capital flight Lippo chairman
        385 10 JAKARTA Lippo group chairman Mochtar Riady defended his corporate expansion projects in China, saying that they will not cause any capital flight, the Jakarta Post reported on Tuesday. "The financing of our Chinese projects does not come from Indonesia," he told reporters
        385 words
      • Article
        Lock icon Chinachem pulls out of fight for Asia Securities
        312 10 Bloomberg Business News HONGKONG Privately held investment group China-' chem has called a halt to its takeover battle with the Lippo group for control of Hongkong investment and finance company Asia Securities. In a statement, Chinachem subsidiary Greenwood International said that following
        Bloomberg Business News  -  312 words
      • Article
        Lock icon South China Morning Post set for China expansion
        214 10 Bloomberg Business News HONGKONG South China Morning Post (Holdings) Ltd, a Hongkong newspaper group controlled by Rupert Murdoch's News Corp, is poised to expand on the Chinese mainland and may eventualjy launch a new daily paper in northern China, company officials said
        Bloomberg Business News  -  214 words
      • Article, Illustration
        Lock icon Extortion bid targets canned pineapples
        83 10 Reutcr SYDNEY Senior Sergeant Bill McClurg of the New South Wales Police yesterday held up samples of Farmland canned pineapple which have been pulled from supermarket shelves after an extortion note claimcd that some of the tins had "been poisoned. The canned pineapples from Thailand
        Reutcr  -  83 words
      • Article
        Lock icon HK committing significant resources to fight insider trading
        207 10 Bloomberg Business News HONGKONG The territory's Securities Futures Commission (SFC) committed "significant resources" to investigating suspected cases of insider trading in the year to March 31. the market regulator said in its annual report. However, no cases were referred to the Hongkong
        Bloomberg Business News  -  207 words
      • Article
        Lock icon Shenzhen China Bicycle plans 'B' share placement
        248 10 Reuter HONGKONG Shenzhen China Bicycle Co (Holdings) Ltd plans a two-step private *B' share placement to partially offset the indefinite postponement of its rights issue, a major shareholder said. The placement is likely to comprise 27 million shares formerly owned by Schwinn Bicycle
        Reuter  -  248 words
      • Article
        Lock icon Indonesia's biggest cement producer posts 6pc rise in net profit
        279 10 AFP JAKARTA PT Indocement Tunggal Prakarsa (ITP), Indonesia's biggest cement producer and a company linked to businessman Liem Sioe Liong, posted a 1992 group audited net profit of nearly US$l6O million (***** million), up 6 per cent from 1991, the
        AFP  -  279 words
      • Article
        Lock icon Henderson group plans to float China business on HK exchange
        354 10 South China Morning Post HONGKONG The Henderson group plans to raise about HK$4 billion (SSB32 million) by floating its China property business on the Hongkong stock exchange. If it succeeds, it will be ahead of Hopewell Holdings to become the
        South China Morning Post  -  354 words
      • Article
        Lock icon Hutchvision set for major expansion in Asia and Middle East
        174 10 Bloomberg Business News HONGKONG Hutchvision Lid, parent company of satellite broadcaster Star TV, is planning to expand across Asia and the Middle East, the company said. The company will open new offices in Tokyo, Dubai, Chengdu, Shanghai, Guangzhou, Beijing, Bangalore
        Bloomberg Business News  -  174 words
      • Article
        UNIT TRUSTS & FUNDS
        445 10 UNIT TRUSTS FUNDS Maaacan' pricaa Jun 10 IMVIMI Find StafwmlMtTnBt ,N 141 The Commerce 138 l.45*d The Savings Fund 1.24 130 PruLink M(d Fund 1.16 122 S'pwe Pros Fund 0 57 0 60 UARI-8lMIHMl(ri S'pore See Fund 0 93 0 98 UI^MHT« Spore Invest Fund 104 109 li [It S'pore
        445 words
      • Article, Illustration
        Lock icon Polaroid unveils new instant camera
        414 13 Reuter NEW YORK Polaroid Corp has unveiled a sleek new computerised camera that will for the first time allow photographers to take up to 10 instant pictures in a row. With an expected price tag of between US$ll9 and US$l39 (about *****), Polaroid said on
        Reuter; Renter  -  414 words
      • COMPANY BRIEFS
        • Article
          Lock icon Tata unit suffers 77pc fall in profit
          79 13 Reuter BOMBAY Truck and car maker Tata Engineering and Locomotive Co (Telco) reported a 77 per cent fall in net profit yesterday following a slump in Indian vehicle sales that deepened after December's riots. But the company said sales in the 1993-94 financial
          Reuter  -  79 words
        • Article
          Lock icon Good response to Woolworths offer
          65 13 AFP SYDNEY Australia's largest share float got under way yesterday when retailer Woolworths Ltd offered itself for AS2.4S billion (about 552.6 billion). Brokers said the float prospectus was widely sought after at 2,200 outlets around the country as so-called "mum and dad" investors took advantage
          AFP  -  65 words
        • Article
          Lock icon Unisys lands Chinese contract
          101 13 Bloomberg Business News BLUE BELL, Pennsylvania Unisys Corp was awarded a contract by the Guangdong Provincial Post and Telecommunications Administrative Bureau of China to provide advanced telecommunications services for the bureau. Under the USSB.S million (about 5513.6 million) contract, Unisys will install its network applications platform
          Bloomberg Business News  -  101 words
      • Article
        Lock icon Head of Seoul's 20th ranking chaebol faces arrest
        256 13 AFP SEOUL The chairman of Hanyang Corp, South Korea's 20th largest conglomerate, will be arrested on charges of failing to pay employees millions of dollars in back wages and violating industrial safety standards, Seoul prosecutors said yesterday. The prosecutors said Bae Jong
        AFP  -  256 words
      • Article
        Lock icon Samsung Group to sell off 10 units and merge 4
        285 13 Reuter SEOUL One of South Korea's top conglomerates, the Samsung Group, said it would sell off 10 subsidiaries and merge four units by the end of next year in a bid to streamline operations and encourage specialisation. A group spokesman
        Reuter  -  285 words
    • FINANCE
      • Article
        Bank loans in S'pore maintain 9pc year-on-year growth
        321 14  -  By Soh Tiang Keng SINGAPORE Backed by the strong demand for housing loans, total bank loans in Singapore maintained a firm year-on-year growth of 9 per cent in March. This was slightly higher than the 8.6 per cent expansion in February, according
        321 words
      • Article
        Thailand's 6 largest commercial banks post 4.09pc interest margin
        439 14 BANGKOK Reflecting high profitability growth and competence in managing their funding costs, Thailand's six largest commercial banks posted an average 4.09 per cent interest margin in the first quarter of this year. According to a report in The Nation on Tuesday,
        439 words
      • Article
        Lock icon Campaign launched to promote unit trusts among Hongkongers
        457 14 Reuter HONGKONG Hongkong's fund management industry is launching a major campaign to persuade wary Chinese investors to put their faith in unit trusts and plans a series of financial roadshows throughout the British colony. Despite previous intense efforts to encourage local Chinese
        Reuter  -  457 words
      • Article, Illustration
        Lock icon Bank Utama projects M$31.9m profit
        460 14 Bernama KUALA LUMPUR Sara-wak-based Bank Utama Bhd is projecting a pre-tax profit of M 531.9 million (Ss2o million) this year, up more than 100 per cent on the 1992 pre-tax profit of M 514.7 million, chairman Effendi Norwawi said here on Tuesday. Speaking to newsmen
        Bernama  -  460 words
      • Article
        Lock icon India to announce new financial policy
        444 14 Reuter BOMBAY India is expected to announce policy guidelines this month for foreign participation in its financial services sector, senior officials said on Tuesday. It will mark the latest phase in the country's economic liberalisation programme, designed to integrate India's long-protected economy with the
        Reuter  -  444 words
      • Article
        SET index seen crossing 1,000-point level this year: Thai broking firm chief
        352 14  -  By Quak Hiang Whai SINGAPORE The Thai stock market index should cross the 1,000-point level this year after the current parliamentary wrangle is sorted out, a senior official with a Thai finance and broking firm said yesterday. Rutt
        352 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        92 14 THE REGIONAL currency market was directionless yesterday with both USS/SS and US$/ringgit consolidating in narrow ranges. The US dollar traded between 1.6083/93 yesterday against the SS, little changed from the previous day. The USS/ringgit was similarly trapped in a narrow 2.5545/55 range. The US$ was
        92 words
      • Article
        Lock icon London
        167 14 UPI LONDON The dollar rallied yesterday taking advantage of mark weakness that propelled the US currency through the psychologically important 1.63mark level. Comments by celebrated speculator George Soros that the mark was set to weaken and German interest rates must fall were the catalyst for the German currency's decline.
        UPI  -  167 words
      • Article
        Lock icon New York
        88 14 AFP NEW YORK The dollar rose yesterday against most major currencies except the yen and the pound in quiet New York trading, while gold prices slid lower. At 9:45pm, the US currency rose to 1.6300 German marks from 1.6255 late Tuesday, but fell to 106.25 yen from 106.35
        AFP  -  88 words
      • Article, Illustration
        Untitled
        1492 14 IraJr-Hrighinl imlrx cakukunl ataiPisi S pore s lap 14 trading partners Haxyt* I9tf US$/S$ formnd rates Noon June 9 St ■U Offer 1-month ***** 1.6100 2-month ***** 1.6100 3-month ***** 1.6100 6-month ***** 1 6105 Sounv OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES A® aft lOaat yasftardsy* Siagapore dollars to
        1,492 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon China expected to ease controls on gold jewellery trading
        442 15 Reuter HONGKONG China is expected to loosen its grip on gold jewellery trading following partial deregulation of the nation's currency, Hongkongbased industry officials say. Hongkong-based jewellers are already expanding their branch networks on the mainland, anticipating that the central People's Bank
        Reuter  -  442 words
      • Article, Illustration
        Lock icon Compliance with output quotas a stumbling block to Opec accord
        305 15 Bloomberg Business News GENEVA Opec is leaning towards keeping current output levels to boost prices, although the issue of compliance and Kuwait's demands for a higher quota, remain key stumbling blocks to an accord, delegates said. The Organisation of Petroleum
        Bloomberg Business News; Reuter  -  305 words
      • SMALL CHANGE
        • Article
          Lock icon DG Bank first quarter profit up
          85 15 Bloomberg Business News FRANKFURT DG Bank Deutsche Genossenschaftsbank said partial operating profit in the parent bank rose to 68 million deutschemarks (5567.4 million) from 51 million marks. This is an increase of 33 per cent from the pro-rata comparison of the previous year, said
          Bloomberg Business News  -  85 words
        • Article
          Lock icon Russia to ease trade on currency market
          84 15 Reuter MOSCOW Non-residents will be given the right to sell currency on Russia's domestic currency market from July 1 and to buy currency from Sep 1, Deputy Prime Minister Boris Fyodorov said. Mr Fyodorov wrote in the government newspaper Rossiiskiye Vesti that the
          Reuter  -  84 words
        • Article
          Lock icon US study on loans to poor communities
          91 15 NYT WASHINGTON The Treasury Department is planning to study whether money market funds, consumer finance companies and automobile financing companies should be required to follow the Community Reinvestment Act, which calls on financial institutions to lend money to poor communities, a senior Treasury
          NYT  -  91 words
        • Article
          Lock icon Volkswagen unit gets record bank loan
          64 15 AP BEIJING FAW-Volkswagen Automotive, one of China's biggest auto makers, has received the largest syndicated loan ever granted to a Chinese company, an official newspaper said yesterday. The joint venture between China's First Automobile Works and German auto manufacturer Volkswagen will receive US$42O million
          AP  -  64 words
      • Article
        Lock icon Rubber producers plan to scrap Inra pact
        399 15 Reuter KUALA LUMPUR Producer nations want to scrap the international rubber pact because it has failed to lift weak prices, Malaysian government sources said yesterday. Thailand is expected to initiate efforts to end the International Natural Rubber Agreement (Inra) the last functioning international
        Reuter  -  399 words
      • Article
        Lock icon Brent crude little changed against forward prices in thin trading
        238 15 ENERGY REPORT KnightRidder LONDON Dated North Sea Brent Blend crude oil was valued little changed against forward prices in thin trading yesterday in Northwest Europe. Traders said only one June cargo appeared to be left on offer in the market,
        Knight- Ridder  -  238 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end firmer in quiet trade
        1470 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended marginally firmer after a day of lacklustre, featureless trade. Dealers said the close of markets in Tokyo and the imminent release of US inflation figures tomorrow thinned out the market considerably. "The market wasn't getting any
        Reuter  -  1,470 words
      • Article
        Tin falls further to match all-time low
        619 16 COMMODITY REPORTS Tin TIN sank further to match an all-time low of M$ 13.07 a kg at the close, down 21 cents, on some downward adjustments after a lower LME, traders said. Traders still see M$ 13 as immediate support and an upside
        619 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Fall in rupee helps coffee growers
          67 16 NEW DELHI The tumbling value of the rupee is helping Indian coffee growers cope with low international prices for coflee, industry officials say. Indian planters are in a difficult position because the local coffee industry relies on exports. Production in the current 1992-93 (October-September)
          67 words
        • Article
          Thai raw sugar prices may drop
          76 16 HONGKONG Trade houses may be forced to cut premiums on Thai raw sugar for May-July and July-September delivery after world sugar prices failed to rally on Cuba's declaration of force majeure tomorrow. But Asian traders said Thai millers were bent on holding out for
          76 words
        • Article
          India sells 155,000 tonnes of fuel oil
          66 16 SINGAPORE The Indian Oil Corp has issued two tenders to sell a total of 155.000 tonnes of 180-centistoke grade fuel oil for June loading, traders said. The latest tender is to sell 50,000 tonnes of fuel oil for June 24-26 loading from Madras.
          66 words
        • Article
          Thai rice for N Korean shipment
          64 16 BANGKOK The Thai Cabinet has approved the sale of 150,000 tonnes of milled rice to North Korea for shipment during the June-August period, a Thai government statement said. The deal will be on a government-to-government basis, the statement said. The sale involves 100,000 tonnes
          64 words
        • Article
          Philippine revises wheat bids
          58 16 KANSAS CITY The Philippines has revised its bids for 65,000 tonnes of US wheat under the Export Enhancement Programme, US exporters said. The bids now are USSI32 per tonne, FOB, for 10,000 tonnes of spring and white wheat for July shipment and U*****.50 for 55.000 tonnes
          58 words
    • Article
      COMMODITY PRICES
      1647 16 Rubber June 9 HAS Cohwioi Mty Exchange (tat ■rot doi teg M It lpoO HAS (physical prices) RSS 1 Contract (S cents/kg) km a* 19 Boyors c Close Volume Open as av 1a moo Month High Low Sett (tonnes) Interest RSS 2 July 93 129 00 130 OON
      1,647 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1081 17 -14 Shares closed around their lows yesterday, failing to regain earlier losses as buyers retreated on gold stocks and banks. However brokers said strong interest in the Wool worths float on the first day of applications injected a note of optimism into the market. The All Ordinaries Index closed
        1,081 words
      • Article
        Manila
        544 17 -17.81 Share prices slipped across the board as selling of blue chips spilled over to mines and oils while the market awaited the listing of new issues later this month. The Manila Stock Exchange Composite Index dropped 17.81 points to close at 1,581.84 and the Makati index fell 18.29
        544 words
      • Article
        Taipei
        566 17 -7.70 Stocks ended slightly lower in the smallest turnover since January as most buyers stayed away from the sluggish market, brokers said. The Weighted Index ended 7.70 points down at 4,269.72 while turnover fell to T514.5 billion from Tuesday's T517.65 billion. Selected industrials including cement and plastic stocks attracted
        566 words
      • Article
        Seoul
        498 17 +9.06 Strong board buying pushed the market up to a 31-month high for the third straight day and the bull-run showed no signs of cooling, brokers said. "I believe the market to be overheated to some extent. But the index could approach the 800 level," Huh EukJo of Daewoo
        498 words
      • Article
        New Zealand
        248 17 -8.14 Stocks fell yesterday, mostly on reduced demand for hotel and property group Brierley Investments, brokers said. The New Zealand Top 40 Capital Stock Index was down 8.14 points at 1,646.99. Kevyn Rendell, a broker with CS First Boston, attributed weakness in New York stocks for part of
        248 words
      • Article
        Bombay
        73 17 -25.30 Stock prices dropped after Tata Engineering and Locomotive Co, a manufacturer of commercial vehicles, posted poor results. However, traders said the decline was marginal because the result had been expected. The Bombay Stock Exchange Index dropped by 25.30 points to 2,351.56 and the National Index was down 8.91
        73 words
    • WORLD STOCK MARKETS
      • Article
        London
        706 17 +22.5 Rumours that famed speculator George Soros was an active buyer in London's equity futures market sent shares on the London Stock Exchange soaring yesterday. The blue-chip Financial Times Stock Exchange 100-share index, which dipped 0.4 points on Tuesday, jumped 22.5 points to 2,866.9 points. The narrower FT-30 Index
        706 words
      • Article
        Frankfurt
        218 17 +11.46 Shares were broadly firmer at the end of yesterday's bourse session, helping the DAX 30 index close above 1,670 points. The barometer finished up 11.46 points at 1,673.07, just below a high at 1,674.91. Dealers said they were surprised the bourse had managed to hold on to most
        218 words
      • Article
        Milan
        159 17 +0.96pc Blue chips ended firmer, except Ferruzzi and Montedison, which slumped on worries about what measures creditors will take to tackle huge debts. Stronger lira and technical factors before end of account next week boost prices but further gains seen limited. Ferruzzi recovers to 823 on kerb after opening
        159 words
      • Article
        Brussels
        229 17 +10.01 Shares closed with good rains, as the market benefitted from a firm dollar and optimism that European interest rates are on their way down. Market heavyweights Solvay and Petrofina led the Bel-20 Index of leading shares through the 1,200 barrier to end at 1,207.44, a gain of 10.01
        229 words
      • Article
        Johannesburg
        301 17 +3 Gold shares ended sharply lower amid disappointment about the softer gold price, but dealers said selling was not aggressive and support was seen around the lows. They said if gold held above US$37O an ounce, it was unlikely shares would weaken much further. The Gold Index was quoted
        301 words
      • Article
        Toronto
        349 17 -29.46 Stocks opened slightly weaker, weighed down by losses in gold shares, but the broad market was mixed following Tuesday's sharp downturn, dealers said. Bank shares firmed slightly, partly recovering from Tuesday's trouncing, they added. The TSE 300 Composite Index was down 10.16 points at 3,857.56 on volume of
        349 words
      • Article
        New York
        781 17 -21.59 Wall Street share prices rose yesterday, thanks to a slight easing of long-term US interest rates. At 1 lam, the Dow Jones Index of leading industrial stocks was up 9.65 points at 3,520.19 with 77 million shares changing hands. Apart from the lower interest rates, prices were
        781 words
      • Article
        Untitled
        1122 17 Britannia Funds Stertiaf Cask BM Offer Mtm Cap Deposit >1 6400 6500 Mhh Jenej Gih 0 1193 0 IW Mtm Mu Income *0 9600 ****** ISS Cask Incomc PlH5 Fund 10 3600 10 9100 PS t Re*r>e Fund 5 MOO 5 2100 Stcrliat Matty Euro Performance 0 4592 0 4931
        1,122 words
    • Article, Illustration
      Lock icon HONGKONG
      2924 18 Bloomberg Business News Stock prices continued to climb although brokers said the absence of fresh news ahead of a long weekend is likely to bring an end to the market's bull run. The Hang Seng index of top shares was up 79.34 points, or 1.09 per cent, to 7339.08
      Bloomberg Business News; Source: Bridge Info  -  2,924 words
    • Article, Illustration
      CHINA
      473 18 MOST of the activity in the Shanghai B share market was in Jinqiao which closed at $0.40, up one cent. Some selling, particularly Dazhong Taxi, which closed down 8 per cent at $0.80, and Tyre and Rubber pulled the market down with the CLSA Shanghai B share index closing
      473 words
    • Article
      TOKYO
      2097 18 Vol JmI Yen High Low ("00) PE Aiinomoto 1350 -20 000 1370 1330 4630 (2 Akai Ekctnc 636 -24 654 635 2380 92 Ail Nippon Airways 1060 -20 1090 1060 6680 208 Amada 1170 unch 1170 1150 830 26 Asahi Breweries 1220 -10 1240 1220 3220 131 Asahi Chem
      2,097 words
    • Article, Illustration
      Lock icon BANGKOK
      1707 18 Reuter INVESTORS, seeming to have discounted any possible great impact on the government of a no-confidence dehate. bought across the board in active trade, brokers said. The SET index rose 15.17 points, or 1.83 per cent, to close at 845.88 on turnover of 5.03 billion baht. "Investors seem to
      Reuter; Source: Bridge Info  -  1,707 words
    • Article, Illustration
      Lock icon JAKARTA
      1065 18 Reuter STOCK prices ended mixed as the market underwent a correction in moderate trade, dealers said. '"The party is over for a number of shares previously speculated by local investors." said a dealer with a foreign Joint venture brokerage house. Among the losers were Ficorinvest. Argha Karya. Sucaco. Jembo
      Reuter; Source: Bridge Info  -  1,065 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2146 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volumt Kcnong Bhd 50t 17,108.000 Kcmavan 50c 14.811.000 Prumct 9.220.000 FACB 50c 8.533.000 Anuh Hklo 50c 6.043.000 Bcnava (iroup 5.862.000 Fahcr (iroop 4.736.000 Idm H»d 5& *54,000 Mulpha Inll 50c 3,606.000 Ind Oxygen 50c 3.5W.OOO MBf( aptlal 3.395 000 Mdroptex
      Source: Bridge Info  -  2,146 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks close off highs on selling pressure
        5063 19 Bernama SHARE PRICES ended on a higher note yesterday but gains made during the day were reduced due to selling pressure on selected high-priced issues. The KLSE Composite Index fell 1.35 points to 734.93 but the Industrial Index firmed 8.94 points to 1,272.67
        Bernama; Source: Bridge Info  -  5,063 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Market consolidates on profit-taking
        1034 20  -  By Helen Chang SINGAPORE Stock prices drifted yesterday as investors took profits and looked for bargains. The key Straits Times Industrials Index fell 6.16 points to close at 1,864.51, while the BT-Morgan Grenfell Asia Index shed 1.26 points to 813.41 and the weighted BT Composite lost
        Source: Bridge Info  -  1,034 words
      • Article, Illustration
        Lock icon Eltech Electronics
        70 20  -  HOT tTOCK Quak Hiang Whai ELTECH Electronics is looking interesting again but purely on its daily indicators. The RSI is retracing towards the 25 level after the stock hit an all-time high of $1.27. The stock is unlikely to fall back to the 90 cent level in the
        SOURCE: BRIDGE INFO  -  70 words
      • Article
        Untitled
        5976 20 MAW BOARD Gr Gr 1992/93 La* V«l Dnr Lam Qaaat W» MYH M M Cm High Law j j Sri* COM) U Bayer Safer CV P/E W AND COMMERCIAL 770 170 Acma 715 cd +30 1617 720 6S3 710 713 12.3 2.1 1.7 31.0 492.1 220 210 Ale* Hldp 30c
        5,976 words
  • Page 9 Advertisements
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      211 9 REUTER TEXTLINEON DIALOG: YOUR LARGEST SOURCE CN ASIA and research by 33 Asian you need faster. Textline if brokerage houses-and you have available to all user* in either AWINnSg an unbeatable combination. command or menu access format. COMBINATION Dialog is the largest online source Fbrthemostcompleteinfonnaiion of Asian financial and business
      211 words
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      396 10 HOW is this going to affect your organisation? CHAIRMAN SPEAKERS WHAT is the rationale and the role of GST in John N Brown, VAT Partner, International Singapore's taxation structure? Accounting Firm, London. President, UK VAT HOW to adapt your organisation to comply with the Practitioner's Group new system? David Mason,
      396 words
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      Page 10 Advertisements Column 2
      6 10 Dividends table has been held over
      6 words
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      216 11 by Please to me NAME: DESIGNATION: COMPANY: ADDRESS: TEL: FAX: BT 2 W&r 1 IB Are you tied to inflexible schedules And the whole time that your accountability and reliability that you for your air-freight shipments! freight is under the control of DHL, every enjoy with the DHL business document
      216 words
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      Page 12 Advertisements Column 1
      226 12 Limited Bungalow Plots That's When the new Highway takes for you up to your dream home Golf Country From the drawing board to construction, Tiara I Melaka has been premier residential H situated Ayer the H one the H Each bungalow Tiara has H I unobstructed the magnificent the course,
      226 words
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      70 13 K SERYCORP JUST COMPLETED SERVICED OFFICES LEVEL 37 SHELL TOWER 50 RAFFLES PLACE SINGAPORE 0104 Serviced with: a minimum lease term of one month long leases welcomed telephone answered in your company's name complete secretarial support reception furnished in leather marble 24-hour/7-day access to self lock-up office office assistants fax
      70 words
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      Page 13 Advertisements Column 2
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      202 words
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      Page 15 Advertisements Column 1
      116 15 This announcement appears as a matter of record only. i*,q r_f HKH/yff *»fM HUM SUM nMIKX MD SECUNIES PUBUC COMPANY UHIO U5540,000,000 Term Loan Facility Arrangers and Lead Managers The Fuji Bank, Limited, Singapore Branch Arab Banking Corporation (8.5.C.) Singapore Branch Banque Francaise du Commerce Exterieur, Singapore Branch The Development
      116 words
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      Page 15 Advertisements Column 2
      247 15 II n the business world of the Asia Pacific, securing and workstation technologies advance, It becomes I a high level of efficiency and performance is not clear that your business performance will rely I Just one of the ways to remain competitive. It is on these technologies. With more and
      247 words
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      Page 16 Advertisements Column 1
      363 16 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LOST SHARE CERTIFICATES The following Share Certificates/ together with the relevant signed transfer deeds have been reported lost or destroyed: FAR EAST LEVINGSTON SHIPBUILDING LIMITED Certificate No. In the name of No. of Shares *****9 DBS Nominees Pte Ltd 1 x
      363 words
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      Page 16 Advertisements Column 2
      38 16 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead The r isassss WF offers Bp the most F current I s list o/Job I opportunities I available.
      38 words
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      24 17 Piaget. True change. wmm lid, Boutique mi Service Cntre 901-01 Mandarin Shopping Arcade. The Mandann Singapore, 333 Orchard Road. Singapore 0923 TeL 732 6831
      24 words
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      142 18 Since 1735 there has I X NEVER BEEN A QUARTZ BIANCPAIN WATCH JfnlH ND THERE NEVER W,LL BE wl Singapore THE HOUR GLASS Lucky Plua Tel *****2GM Scotts 21W27/7198* Centrepoml TH 7141WH/001 Peninsula Itaid Tel *****0WlHrt«>l World Trade Centre TW *****0T Palais Renaissance Tel *****41 CKangi Airport Terminal lillasl fcWest
      142 words
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      84 20 < Since 1735 there has I JIUvS NEVER BEEN A QUARTZ BLANCPAIN WATCH. And there never will be Ml Sinfapote 1111. lIOUK 01 ASS l ucky I'U/* TH TMMJWI ScnlU.lM MV»W7/7I>M CcmrciKmM Tel 7HI VM*>OJ IVnim.uU Pt«uj I*l «i7H WWiWV>6) Wiwld liddc Centre TW 2711(107 l'*ljis Kciwivwincc 7i11»2/V'i« Kdllk*% Tpl
      84 words
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  • SPORTS
    • Article, Illustration
      Lock icon Under-30 set starting to make its mark on PGA Tour
      930 21 Golf NYT NEW YORK When the Saint Andrews Golf Club was established in Yonkers in 1888, the New York area became the cradle of the game in America. In the next two weeks, it will be the nerve centre. Beginning
      NYT  -  930 words
    • Article, Illustration
      Lock icon Petrovic: the player who left no stone unturned
      739 21  -  Dave Anderson on the loss of the Nets' Croatian shooting guard Dave Anderson NYT EAST RUTHERFORD, New Jersey In the haunting hollowness of Byrne Meadowlands Arena, the basketball court was empty. The parquet floor was glossily revarnished. Its border and foul lanes
      NYT  -  739 words
    • Article, Illustration
      Lock icon On-the-ball fans
      42 21 Reuter WASHINGTON Soccer fans wearing caps with a ball and the US Cup emblem while they watched the German national soccer team train on Tuesday. Germany will play its first match against Brazil in the US Cup 93 today. Reuter
      Reuter  -  42 words
    • Article
      Lock icon 16-year-old Ted Oh clinches US Open berth
      489 21 AP LOS ANGELES A day after becoming one of the youngest players ever to qualify for the US Open. 16-year-old Ted Oh remained in a state of shock. And. he admitted, a bit unsettled because he'll have to take final exams a week
      AP  -  489 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        74 21 Reuter NfcW YORK Major league luesda) American: Cleveland 5 Boston 4: Baltimore 6 Oakland 4; Toronto 14 California 6: Milwaukee 2 Seattle I: Detroit 6 Chicago 4; New York 9 Kansas City 4; Minnesota 3 Texas 2 (10). National: St Louis 4 San Francisco 3: Montreal 4 Cincinnati 2:
        Reuter  -  74 words
      • Article, Illustration
        Lock icon Golf
        79 21 AFP CORAL SPRINGS, Florida An epileptic assistant golf professional at the Tournament Players Club set a Guinness Book of Records mark by playing 440 holes of golf in 12 hours. Using a can. Doug Wert spent an average of 1.64 minutes and broke the mark of 429 holes in
        AFP  -  79 words
      • Article, Illustration
        Lock icon Rugby
        118 21 AP INVLRCARGILL, New Zealand British Lions rugby union selectors delayed naming their team for the first test against New Zealand in Christchurch for 24 hours in the hope that a number of injured players will be available for selection. Manager Geoff Cooke said the side now would be named
        AP  -  118 words
      • Article, Illustration
        Lock icon Tennis
        342 21 Reuter AFP AFP Reuter MADRID French Open champion Scrgi Brugucra has pulled out of the Wimbledon championships. Spanish newspapers reported on Tuesday. Bruguera arrived home in Barcelona on Monday, exhausted after Sunday's four-hour final in Paris againsi Jim Courier of the US. "Wimbledon is still a long way off."
        Reuter; AFP  -  342 words
      • Article, Illustration
        Lock icon Volleyball
        134 21 AP HANOI Vietnam has added a new sport beach volleyball to its list of imports, and local fans are organising the country's first tournament for this August, a newspaper reported on Tuesday Vietnam joins a list of nations keen to compete in beach volleyball since the sport emerged as
        AP  -  134 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      121 21 B U S I N E _S_S_T_l__M_E_S_ TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 I SKH Distripark Pte Ltd 1 I (wholly owned by Thong Soon Holding Pte Ltd) H B will be renamed as H I Thong Soon Distripark Pte Ltd 1 with immediate effect. |j Kindly address all
      121 words
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      Page 21 Advertisements Column 2
      430 21 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 In the matter of THE COMPANIES ACT. CAP. 50 and In the matter of MICRO A ACCESSORIES DISTRIBUTORS PTE LTD (Member*' Voluntary Winding Up) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at
      430 words
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      Page 21 Advertisements Column 3
      334 21 M THE MATTER OF THE COMPAMES ACT, CAP. 50 ALPHA PHARMACEUTICALS PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of Ihe Company deemed to be held on the 2 June 1993 the following resolutions were duly passed 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up voluntanly
      334 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      939 22 BIICL feffinfll where to wine, dine and entertain A "Heavenly" Feast Scrumptious Sichuan cuisine. I Rich piping hot steamboat. I Delicate Yangzhou Dianxian. Mon Sat :11 .Mam to 2.30pm I Sun 10.30 am to 2.30pm I K>N£sH King's Hotel Clarion. A Member of CDL Hotels. I Havelock Road. Singapore 0316.
      939 words
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      Page 22 Advertisements Column 2
      323 22 VR The Mandarin Singapore |S prold to present e FLAVOURS OF FUJIAN 17 To 27 June At Pine Court Master chefs from Fujian, China I Win 2 return Air tickets to Xiamen! 7XI, courtesy of Silkair. Please call Pine Court at *****11 x 798/ 799 to make your reservations between
      323 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Royal ritual merges old Japan with the new
      890 23  -  Japanese tradition was broken yesterday morning when a commoner, Masako Owada, married Crown Prince Naruhito. David Sanger witnessed some of the proceedings David Sanger NYT IN A Shinto ritual deep in the woods of the Imperial Palace, Crown Prince Naruhito and Masako
      NYT; Reuter  -  890 words
    • Article, Illustration
      Lock icon Don't count on garlic, crucifixes or spikes
      385 23 CHATTERBOX Reuter AP AP AP AP FORGET about garlic, crucifixes or wooden spikes they offer little protection against Count Dracula, says the guidebook. Drive 40 km along a misty road that winds northeast from Bistrita. an old post town in Romania's central Transylvania
      Reuter; AP  -  385 words
  • Page 23 Advertisements
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      56 23 tr OCEAN CITY (KTV) NITECLUB <\ }§U£ (KTV) The Oasis 3rd level, 50 Kallang Park, S'pore 1439 Tel: 447-3916,447-3965 SING TO i; TODAY'S HITS Y& v-% You will enjoy the pleasure of singing and dancing with our Guests Relation Officers^^^^^^jßfcA Every-nite: 7pm to Eas y Birthday Parties Free Champagne for
      56 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1337 23 I TV RADIO Medicine Man, 10.30pm, SBC 5 j Adventure drama about a doc- fltige. tor (Sean Connery) who finds a s cure for cancer while doing J| jgggy^K^-' research in the rain forest. But 9H he loses the formula. Lorraine Lj|dH Bracco is the researcher sent 9 out to
      1,337 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Smart Frogs on the factory floor
      719 24  -  Joseph Rajendran checks out a firm building intelligence into driverless transporters Joseph Rajendran Dutch industrial firm Frog Systems BV has set up a new office here to coincide with the introduction of its "free ranging intelligent" automated guided vehicles (AGVs) to the Asian market.
      719 words
    • IN TAKES
      • Article
        Lock icon New malaria vaccine
        67 24 Reuter BOGOTA Colombian scientists will begin production on a new synthetic vaccine to combat a lethal strain of malaria following testing in Africa and Asia. Manuel Elkin Patarroyo and his team of 68 scientists at Bogota's San Juan de Dios Hospital in March reported in the British
        Reuter  -  67 words
      • Article, Illustration
        Lock icon Who you gonna call?
        87 24 UPI FLORIDA Mild but unexplained disturbance registered on motion and magnetic detectors of paranormal experts and camera crews drawn to a Victorian-era home in north Florida by sightings of a grieving ghostly couple. Owner Linda Kasicki said Monday her mother-in-law and 19-year-old daughter have repeatedly seen
        UPI  -  87 words
      • Article
        Lock icon New view of heavens
        98 24 AP BERKELEY, California A Nasa satellite has opened a new window on the heavens, finding helium on Mars, showing volcanic debris above Jupiter and offering views of the most exotic objects in the universe. Since the Extreme Ultraviolet Explorer (EUVE) was launched by rocket one year
        AP  -  98 words
      • Article
        Lock icon ET calling?
        121 24 AP CALIFORNIA A search for aliens in outer space has detected 164 mysterious radio signals that must be studied to learn if they come from natural causes or from extraterrestrials, scientists said Tuesday. Detection of the 164 unexplained since the latest, most sophisticated phase of the US$4OO,OOO (*****,000)
        AP  -  121 words
      • Article
        Lock icon In defence of video games
        79 24 Reuter BRUSSELS Video games can enhance family life and they seldom damage a child's schoolwork or social behaviour, a leading child psychologist said on Tuesday. Constant reports that video games are detrimental to children and encourage aggressive behaviour go against the findings of many studies,
        Reuter  -  79 words
  • Page 24 Advertisements
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      27 24 jT New Zealand For more information, contact your travel agent or New Zealand Tourism Board Asia Regional Office: 13 Nassim Road, Singapore 1025, Fax: 235-2550. tourism board
      27 words
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  • THE LAW PAGE
    • Article, Illustration
      Scripless trading: the legal framework
      1500 25  -  Walter Woon on the Companies (Amendment) Act 1993 which was passed by Parliament in May and will come into force later this year Walter Woon Nearly five years after the first counters were traded scripless on Sesdaq, we finally have a legal framework to regulate
      1,500 words
    • Article, Illustration
      Lock icon Testifying by video
      276 25  -  There is no need for prisoners to leave their cells for the courtroom these days, reports Glenn Rifkin Glenn Rifkin NYT In more and more of America's local court systems these days, prisoners are taking a high-tech journey to the courtroom without ever leaving jail. In Brooklyn
      NYT  -  276 words
  • Page 25 Advertisements
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      863 25 GB HOLDINGS LIMITED PRELIMINARY FINAL STATEMENT AND DIVIDEND ANNOUNCEMENT The Directors wish to announce the consolidated audited results for the year ended 31 March 1993. Yeer ended Yeer ended 31 March ?3 31 March *92 orrooo two Group Co. Group Co. Group Ca 1. (a) TURNOVER 43,087 11,747 49,955 5,812
      863 words
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  • Article
    KL firms' slow push into China
    514 26 EDITORIAL THERE IS absolutely no reason why Malaysia should not encourage its enterprises to invest in China, notwithstanding the voices of opposition politicians. Investment decisions ought to have little to do with sentiment, whether of a racial or any other kind. It ought to
    514 words
  • WHAT THE OTHERS SAY
    • Article
      When kiwi meets tiger
      276 26 NEW ZEALAND has never ranked high in the racism league table. In the xenophobia category, Japan and Germany have no equals. In physical expression of race dislikes, the US and Britain excel. France has recently made the grade. Australia shows promise, a matter those with family
      276 words
    • Article
      A tribute to Dr Mattar
      189 26 WITH THE resignation of Dr Ahmad Mattar from the Cabinet, the Malay-Muslim community will miss a leader who has played a very important role in leading them to success. Dr Mattar, who will resign at the end of this month from his post as the
      189 words
    • Article
      US-Japan trade friction
      196 26 ACCORDING TO reports, Japanese officials have been visiting Asia-Pacific countries trying to persuade them to form a united front with Japan to stop the US from implementing a managed trade policy. Japan now sees itself as a protector of free trade and accuses the US of deviating
      196 words
    • Article
      Looking for a leader
      194 26 BRITAIN IS once again looking for leadership. And Mr Major's dull, but accident prone prime ministership has failed to provide it. Last week's long delayed Cabinet reshuffle, far from rejuvenating and reinvigorating the government, looked like a mean spirit U-turn. It left the impression of a
      194 words
    • Article
      A passion for excellence
      230 26 IT IS TRUE that the West has now reached more or less a standstill stage in its economic development. It had been hogging the economic limelight for the past several hundred years. Whether the West likes it or not, the centre of the world is shifting
      230 words
  • Article
    Premiers in waiting
    1372 26  -  As British Prime Minister John Major's popularity plunges, Neville Stack looks at the viability of opposition leaders John Smith and Paddy Asndown as possible replacements Neville Stack The writer is a London-based journalist who contributes to BT THE premiers-in-waiting are already gazing into their shaving mirrors and
    1,372 words
  • Page 26 Advertisements
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      308 26 The I nrnntntl OH JTC: 25 years of contributing to VV/i lA/1 UUV/11 Singapore's growth X The Jurong Town Corporation, once a low-profile government agency, is changing with the times. This major developer and manager of industrial estates in Singapore is looking to meeting changing customer needs. It is also
      308 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      41 26 UCLL.UUFvr-s D\DN'T VOOA r T 1 frUEft SMa a H -A NfcyNy. c awoqatio nfm*»r*it% LTD.. mm DOONESBURY GARRY TRUDEAU W*£ K/PDIN6, StP! 0,/N/NVfTB! M AOWW&KIVUN6H I TOTH&hUHfTB JUST THOUGHT ,#7) HWBN7HAPANOHNcwrESowcfiu. P PI <**»mm 6... kjnsinc£'jf«-w<T ICA^ T -^Sm i
      41 words
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  • ANALYSIS
    • Article
      A new way of looking at things
      934 27 THE NEW SYSTEM of calculating the economic size of countries which the IMF introduced in a re-cently-released annex to the World Economic Outlook has significantly changed the pecking order in the world economy. China, for instance, has catapulted from 10th place to third,
      934 words
    • Article, Illustration
      Lock icon A flood of problems
      1684 27 Raising the expectations of too many Americans has caused Bill Clinton's presidency to run into trouble Economist HERE IS a thumbnail sketch of political events in America in the last two weeks of May. US President Bill Ginton is less popular in the polls at this
      Economist  -  1,684 words
    • Article
      Lock icon Worrying about Clinton
      848 27  -  The Clinton administration's performance thus far is making some in Europe ana Asia a little anxious. David S Broder reports David S Broder IHT IN LESS THAN five months in office, US President Bill Clinton has succeeded in uniting the Nato allies along with the leaders of
      IHT  -  848 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      69 27 KHHI9 Westin Catering r Un a ff<yuLXL? 2^'t Call 338-3808 for more information. Jggf The westm hotels Don't miss AFTER s^l jMtf Your day may be over But your night jH| WP is just beginning! Get a drink, go dancing, hear the latest hit, see the hottest band in town...
      69 words
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  • Article
    China's grey market blocking business access, says US
    404 28  -  From Leon Hadar in WASHINGTON THE United States believes that American businesses find it difficult to penetrate China because it has a powerful "grey market" which involves illicit and illegal business practices, including corruption, bribery and nepotism. Deputy US Trade Representative Charlene
    404 words
  • Article, Illustration
    Lock icon 200,000 cheer newly-wed Royal couple
    189 28 Reutcr TOKYO Crown Prince Naruhito, heir to Japan's 1,400-year-old throne, yesterday married former diplomat Masako Owada. Almost 200,000 spectators, waving flags and cheering "Masako" or "Banzai' (Long Life), voiced their approval as the bride and groom rode through Tokyo streets in a triumphant public parade
    Reutcr; Reuter  -  189 words
  • Article
    Lock icon Civil war warning as arsonists strike in Germany
    225 28 Reutcr BONN Arsonists attacked the house of an Indian family near Dusseldorf yesterday and an overnight fire damaged the kitchen of a home for asylumseekers in Freiburg. A member of Parliament from one of Chancellor Helmut Kohl's coalition parties called for action
    Reutcr  -  225 words
  • Article
    Lock icon Yen-dollar rate needs to be stabilised: BOJ chief
    281 28 Bloomberg Business News STOCKHOLM The Japanese yen has appreciated too much and too quickly against the US dollar, requiring further coordinated intervention by central banks to stabilise the exchange rates, according to Bank of Japan executive director Akira Nagashima. The yen's appreciation
    Bloomberg Business News  -  281 words
  • Article
    Lock icon Foreign investors slash spending on US businesses for fourth year
    423 28 Bloomberg Business News WASHINGTON Foreign investors cut spending on US businesses for the fourth year in a row, slashing their 1992 investment by 47 per cent to the lowest level in a decade, the government said recently. Last year's US$l3.5
    Bloomberg Business News  -  423 words
  • Article
    Lock icon Paris details ideas for European security pact
    284 28 Reuter PARIS Francc yesterday spelt out its proposal for a Eu-rope-wide peace conference, saying it should reinforce human rights, protect minorities and change borders, if necessary, to solve ethnic disputes. Prime Minister Edouard Balladur told a Cabinet meeting he would take the idea
    Reuter  -  284 words
  • Article, Illustration
    Who will stop the Khmer Rouge from coming back?
    718 28  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent specialising in Indochinese affairs. IF THE dreaded Khmer Rouge, responsible for the murders of more than a million Cambodians in the mid-*****, makes a comeback by force, it
    718 words
  • Article
    Lock icon Irish lawyer is new Gatt chief
    137 28 AP GENEVA Peter Sutherland of Ireland will head the General Agreement on Tariffs and Trade as the United States, Europe and Japan try to revive world trade talks, officials said yesterday. Mr Sutherland, a 47-year-old lawyer who is chairman of Allied Irish Banks, won
    AP  -  137 words
  • Article
    Lock icon Corruption spreading in China, warns senior official
    266 28 AP HONGKONG A senior Chinese official said yesterday that China's embrace of market economics has given growing numbers of corrupt officials fresh opportunities to line their pockets, a Beijing-nin news service reported. "Graft, bribery and other corrupt phenomenon have become quite serious, while
    AP  -  266 words
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  • Shipping Times
    • Article
      Local company bare-boat charters vessel for diving
      363 29  -  By Dexter Lee SINGAPORE Homegrown Kontiki Shipping Pte Ltd has expanded its chartering business to include a $2.2million luxury cruiser designed specially for diving. The company bare-boat chartered the Cehili, a 45metre vessel which was originally a ferry, from Norwegian shipowner Searoads AS.
      363 words
    • Article
      Lock icon Panel puts forward options for Panama Canal
      268 29 AP WASHINGTON A threenation panel studying alternatives to the Panama Canal has concluded that the construction of a third set of locks or a single-lane, sea-level canal are the most desirable options, it was disclosed on Tuesday. Officials from the US, Japan and
      AP  -  268 words
    • Article, Illustration
      Keppel meets tight deadline for $4m deal
      282 29 SINGAPORE Keppel Shipyard has successfully completed a $4-million refurbishment contract on passenger cruise liner Fairstar in the stipulated time of 14 days. To ensure it met the tight deadline, Keppel arranged for its engineers to familiarise themselves with the work requirements by being
      282 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      857 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 Bangladesh Shpg 9 5
      857 words
    • Article
      Lock icon Maritime HQ plan to control 3 areas
      355 29 MBT KUALA LUMPUR Three maritime headquarters have been proposed to control multinational forces assigned to the security of sea lands of communications (SLOC) protection by governments. Australia Defence Association executive director Michael O'Connor suggested on Monday that these headquarters control three operational areas,
      MBT  -  355 words
    • Article
      Lock icon US shipyard to lay off 1,000 workers
      606 29 Bloomberg Business News NEWPORT NEWS, Virginia Reductions in the numbers of submarines and aircraft carriers being built for the military will force Newport News Shipbuilding to close a plant and lay off another 1,000 workers, or about 4 per cent of its work
      Bloomberg Business News  -  606 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        523 30 VtSMl Vo1 N» B«rth Vrival Pgrtwt Vend »oy Wo Berth km al PtpartiM JuTOflg Part Pmess 52 P04 alongside 0906/1400 Adventure Queen 3 M alongside 10 06,1500 Smar Suchen 301 P05 *>ngside 10 06/0600 Aulu Seiaya AS 13. 93 13 atw*side 10 06 2000 $t*«g Star (MA.
        523 words
      • Article
        CONTAINER SCHEDULES
        1635 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From to CM* W* 12/1500 1 09/1500 09 1659 09/1900 3 10/0700 10/1159 10/1400 4 10/1200 10/1459 10/1700 Ac. Uy 37B 11/1800
        1,635 words
    • Article
      THE SHIPPING GUIDE
      11428 38 This is a list of ships loading at Singapore for ports around the M)rid. 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
      11,428 words
    • Article
      SHIPPING AGENTS
      3347 43 A XalK' ontainerline NV: Bclsin Shpg Agencics Ptc Lid (SVManne Handling Sdn Bhd (PK/PN). Accord (>roop: Accord Shpg Ptc Lid (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsourcc Shpg Trdg Ptc Lid (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Alhntros Sea-Air Service: Frala Shpg Ptc Lid
      3,347 words
    • Article
      COURIER SERVICES
      267 43 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight C orporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Ouster Link Supplies Services
      267 words
    • Article
      AIR FORWARDERS
      1466 43 A hex Expresa Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activak Singapore Td: 542-7821 Fax: *****20. Aerotiak Freight lateraatioaal Td: 545-8031 Fax: *****05. I. Fax: *****18. Air Cargo Now Express Td: 542-5454. Fax: *****06. Air Express lateraatioaal Td: 542-7666. Fax: *****74. *****50. Air Market
      1,466 words
    • Article
      PORT CONDITIONS
      2214 44 ALBANIA Duress: Three vessels in port discharging of which 1 bulk wheat. 1 aid cargo. 1 rice. ANGOLA i u«n<u- Port operating normally although traffic levels low. No delays are reported. Lobito, Namibe: Ports operating normally but very low traffic levels. No berthing delays reported. Soyo: Situation unclear,
      2,214 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1813 44 SHIP SALES TANKER RATES The information was contributed by 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
      The information was contributed by Simpson Spence & Young; AFP  -  1,813 words
    • Article
      AIR FREIGHT SCHEDULE
      555 44 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F 0440 1 BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
      555 words
    • Article
      CRUISE & FERRY SCHEDULES
      348 44 CRUISE FERRY SCHEDULES gg jrj Ports of Calls Port Agent Telephone No JUNE 10 11 Andaman Princess 1000 1200 Sin-Port Klang Lines lnt'1 Holdings 224-2763 13 13 Continental World 1000 2000 Sin-Phuket-Penang Lauw Sons Travel 227-8284 14 14 Caledonian Star 0700 1800 Sin-Kola Baru Hapers Shpg 221-1388 17 17 Continental
      348 words
    • Article
      DAILY FREIGHTS
      541 45 THE BALTIC Freight Index for spot dry cargo shipping rates fell to 1,581 on June 8 from 1,585 on June 7. FIXTURES Tanker: RATES appeared to have slipped again for Persian Gulf very large crude carriers with the rate for the run west now at worldscale 33.5, brokers
      541 words
    • Article
      TRANSPORT DIARY
      339 45 COURSES Title: Multimodal Transport Management Duration: June 17/18 21/22 Organiser: Singapore Freight Forwarders Association Tel: For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Handling Of Bunker Barge Duration: June 21-22 Organiser Singapore Port Institute Tel: For further details and application forms contact SPI at
      339 words
    • Article
      COCKETT BUNKER MARKET REPORT
      807 45 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      807 words
    • Article, Illustration
      Lock icon GMDSS: a year after
      1002 46 The new Global Maritime Distress and Safety System has been proving its detractors wrong since its implementation a year ago Fairplay A YEAR AGO, members of the International Maritime Organisation (IMO) which are party to the International Convention for the Safety of Life at Sea (SOLAS)
      Fairplay; Source: International Maritime Organisation  -  1,002 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1 29 Lubricant
      1 words
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      Page 29 Advertisements Column 2
      26 29 Lints and services represented by Members of the Registry of AccrtdHsd Shipping Agents, Singapore j) National Shipping Asaociation for ad/erlising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      26 words
    • Advertisement
      Page 29 Advertisements Column 3
      169 29 the FAMOUS ESESDEII224 1833 For more information please refer to Pg. 13 GMDSS: a year after, Page 18 French air show opens with industry in crisis, Back Page MARITIME m CHALLENGESm A Special Business Times Supplement June 29, 1993 The maritime industry is a key element of the Singapore and
      169 words
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      Page 30 Advertisements Column 1
      465 30 TSKUNE AGENCES (S) PTE. LTD. HP V T imTT T<H: 226-3363 nHN i ■JIM it F 226-1972/3 W Tlx: RS *****/TSKSM. TOg TOKYO SENPAKU KAISHA, LTD. CR No: **********0N ST 378 **0106 QloF 11.06 1S 06 1716 22 06 22 06 23.06 24 06 *CX LOTOS 386 08.06 *11.86 11.06
      465 words
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      Page 30 Advertisements Column 2
      1095 30 5»sKr H s" s™ »"i.,~ a: is: ir is mi ll ifuT §ssk jjj wtrnjg crystal m 301.; 1 1?? I n; I 21; I? 7 7 <st>j I 217 I 227 I ??> 1?37 I aj LOUB ITHISI a I I ill I—lk I I—Hi—l a,7 Ia? U. 7
      1,095 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2436 31 OOCL (St PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD. I TEL *****13 FAX *****42 AGENCIES PETALING JAVA TEL: 03-*****76 FAX: 03-*****42 I DOCUMENTATION TEL: *****64 FAX: *****09 CFS TEL *****6 I BOOKINGS TEL: *****80 *****81/ *****82 |f W TEL-542:r03<'* J°®.. ,nDwc» I CFS (PSA F5) TEL: *****21/
      2,436 words
    • Advertisement
      Page 31 Advertisements Column 2
      1919 31 ■UliWHiHilWl* u. S. A. CANADA NEXT AVAILABLE SAILING SEA-LAND DEVELOPER V.IBBE ETA SIN 14TH JUNE 93 MAJESTIC MAERSK V.9306 ETA 15TH JUNE 93 LAUST MAERSK V.9308 ETA SIN 16TH JUNE 93 Vmml Voy ETA ETD f —4* by DESTINATIONS j Tun «m majestic maersk 930« 15 06 0000 hrs CPS
      1,919 words
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  • Page 32 Advertisements
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      1609 32 AQABA R DAM/ LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA THAMES 17/122 10/6 26/6 29/6 27/6 Por t Keiang. Penang KAI 02/322 12/6 30/6 3/7 5/7 7/7 Pasir Gudang LA SEINE 30/123 16/6 2/7_ 5/7 3/7 EAST
      1,609 words
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      Page 32 Advertisements Column 2
      568 32 FCL Break bulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for al services C.I.S.- Voftochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFRo Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder V—sal ITA HI VILLE DE VEGA
      568 words
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      1058 32 B3waaia un REGULAR INDEPENDENT FULL CONTAINER SERVICE ANT* FCL I NOR ASIA SAMANTHA 9322-3 15/06 07/07 14/07 15/07 11/07 12/07 13/07 14/07 16/07 15/07 I NOR ASIA SUSAN 9323-3 24/06 17/07 23/07 24/07 20/07 21/07 22/07 23/07 25/07 24/07 I NORA SI A SINGA 9324-3 01/07 24/07 31/07 01/08 28/07
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      1951 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ■liu»iu»«»iju.iiwi.lilllll,l—jliliuw I JS& «W flll—A PACWO UW JSQCt) <a senvice or china navioatiom ooi accepts \2ygy CARGO DUE SAIIS KRtS MERUBI VOtt KM. Skin. Taw 07 01 km MfT 10 Jun FCL,
      1,951 words
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      Page 33 Advertisements Column 2
      2201 33 k»\ SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd I ftVt W m. aIITII /ilflcrs 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 I Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 I CP Number **********0Z J I bvdadt I I CAPUH I I wov =5
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      776 34 IPEHB I INDONESIANATIONALLIN^^ I > «L I WW r—T] MMAI MM tfMK I MOW I MmpF" «l WIAYA 37W8 I 2* 30/6 I 31/7 5/« 10 8 13/1 KUIN I »?«B I IS-19/7 I 19/8 22/1 125/1 7«/8 TO EAST COAST UMTS Wl/HOY PKL STOItt $T0 |WLB |B»ts IFIK 1
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      1047 34 OHANJIN SHIPPING LOS ANGELES IN 18 DAYS EVERY SUNDAY ALSO ACCEPTING TO MEXICO LATIN AMERICA VIA LONG BEACH PLEASE CONTACT FOLLOWINGS FOR ENQUIRIES BOOKINGS. PAUL LIM DID *****26 PGR *****99 FEDERICK PHUA DID *****29 PGR *****48 RADIYAH DID *****35 ALAN TAY DID *****21 S'PORE AGENT: HANJIN SHIPPING (S) PTE LTD.
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      1497 34 Jd -1 rl Im ssp use we uc pus m 09 in w no ui as n ntcim w n i» img pso as m w I GUM K 052 U/( IS/C 17/ C U/4 Zl/C 22/4 M/ 4 K/t 26/4 21/4 1/7 21/7 21/7 24/7 J/l 4/1 5/1 t/t
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      1635 35 'NEPTUNE ALEXANDRITE 05WII jll ETA SINGAPORE 11/06/93, U TII ETA RDM 27/06/93, FLX 28/06/93, M BRE 30/06/93, LEH 02/07/93 H j express tscxi TOPNW-VgAj[fil^rifPPf^ r f I Tocurown.utcuif.muMOPown.triMTKVUHis J U FEEDER VSL VOY SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SCP LOS OAK VAN SET CHI DAL/HOU MPH
      1,635 words
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      Page 35 Advertisements Column 2
      949 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND -WSCHAftONG WESTBOUM)—LOADWG TRAHSHPPED
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      1511 36 AS AGENTS KAWASAKI SMGArOK (PTE) LTD (CM No: **********0 M) mm TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 W MALAYSIA "I" LINE MMITMI (■ALAYSA) SON BMO m V TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A AJk INDONESIA: P.T. SAAAMA LAUT INTERNUSA. TEL: JKT *****08
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      1004 36 PHILI-OmtNT LINGS PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION Qgg H AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 JUN SYDNEY. MELBOURNE. BRISBANE, FREMANTLE 12 JUN AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH, NAPIER. CHRISTCHURCH 25
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      939 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. CR NO **********0E I VESSEL VOY SIN CMS JIB JEO AQJ ABE HOO WW I HAi XIONQ HXOOI 18/6 24/6 1/7 8/7 3/7 8/7 I KOTA WIRAWAN WRNO27 30/6 5/7 11/7 14/7 16/7 18/7 21/7 I
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      Page 37 Advertisements Column 2
      1271 37 VESSELS VOY VIA FEEDER SPOM HAMBURG ROT TIRO AM ANTWERP THAMES Lt MA*VI WLU DC VEGA M2M 14/OC 09/07 11/07 12/07 13/07 15/07 AO AM ABRAHAM 7129W 19/00 10/07 10/07 10/07 20/07 22/07 WUI 0129H 27/00 23/07 25/07 20/07 27/07 20/07 MILE DC VENUS 9229W 04/07 30/07 01/00 02/00 03/00
      1,271 words
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      418 37 I BSA M MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yanjon (Rangoon) Spore PJUg Pen P.Gdf HP* AN VI9IN In fori LOW AW VIM 12/14 tun PAGAN Vl9B* 19/21 km In Port 17/11 lui PA THEM VI23N In Port MALAYSIA AGENTS BOUSTEAO SHPPMG AGENCK KUL. TE 03-*****00
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      53 39 1/C7 VISA FREIGHT SERVICES PTE LTD fi) Established Since 1984 OCEANIA PORTS REGULAR GROUPAGE lcl consolidation AUCKLAND SYDNEY import export mmm FREHAPfTLE SERVICES FOR BOOKING SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800 *****66 TOLL-FREE TEL: 1800-*****34 FAX:
      53 words
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      2423 40 Full Container Liner SerViCeS M'ysio's Agents: Indonesia Agents: General Agents: Bnnhing Agents: Guon Cuan Shipping Sin Bhd Chung Chine Shipping Sdn Bhd F-T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd SMwtar Fre&t Cootro S* SM SI Mnm «*a No* Una Lt 3.34, 3r4 Fleer, H.10.M. Ma ,M/23 2 Mittri
      2,423 words
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      591 41 -rr'-a w^w FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 14/06 ROTTERDAM 14/06 AARHUS/COPENHAGEN 14/06 HAMBURG/BREMEN 14/06 MARSEILLE/FRANCE 17/06 FELIXSTOWE/UK 14/06 BARCELONA/SPAIN 17/06 LEHAVRE/FRANCE 13/06 GENOA/ITALY 12/06 ANTWERP/BELGIUM 14/06 LOS ANGELES/WC/IPI 13/06 SYDNEY/MELBOURNE 12/06 NEW YORK/EC 13/06 FREMANTLE/ADELAIDE 12/06 VANCOUVER 16/06
      591 words
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      633 41 f^^^TScHnEl^SSsl!l^cslc!E^S^PT^TD V TEL: *****33 (12 Lines) SL FAX: *****15/*****03 09 TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES f~ (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOAWNG fOR SPOWE Aero I 32W8 12/0e DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANCNNET 31 we 25/07 OABESSALAAM MOMBASA OJ«OUTI
      633 words
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      592 41 MBj JAKARTA BANGKOK ima I ww I i I «r 1 I rem Iww ammm mmmm RAM BHUM SIS 11/ C 15/6 lARU BHUM 7«H fri 11/6 Ml 14/6 MMMM 06S 1276 1676 ORA6ON SEHTOSA 3SW fri 11/6 Tm 15/6 IHANA BHUM Si wi ii7T~ W,, IU U5N_ _Sjl 12/6
      592 words
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      350 41 I DONGNAMA LINE contjmn—mo service sTRArrs/iw/*Cfl*i^ KSSa vc H M fMS M M MALAYSIA SLOSY V344N 12/4 13/4 IS/* 14/4 27/4 34/4 HOMGKONS fiLMY V344N l»/4 21/1 23/4 «/7 7/7 NMM V3O7N 24/4 »/i 34/4 1/7 11/7 14/7 IU.9DAS V347N 4/7 4/7 1/7 11/7 21/7 WOUND THE AW VESSEL SK
      350 words
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      1362 42 AjtSMN CONTAINER LINES d-K~/\ lAgents: MAC-NELS SPORE: *****22 (24 LINES) vl*M\ J Jr/p **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/UKC/MED PORTS J PEN PKL SIN EVERY TUE/THUR/SAT PEN PK SIN 11/6 12/6 13/6 Hon( Konf
      1,362 words
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      Page 42 Advertisements Column 2
      172 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD eta in n* von ran kojwg rnmb nut JMX 20/t loading to) Mile ■UVN HUDHU 23/» loading toe Calcutta OOUMH 16/« loading fof Ma* men sura* 2«s loading fa Malt IMCBM »/6 loading For Matt nocKss inn IS/t loading tot Male rwfot
      172 words
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      Page 42 Advertisements Column 3
      975 42 THONG SOON UNES PTE. LTD.] Ms 77 ROBINSON ROAD #15 00, #16-00 SIA BUILDING SMGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO 6onventionAl/container bookino une izfssrr 8MOAI»OHg TO SARAWAK VESSEL VOT SPORE PEST VESSEL VOT SPORE PEST EQUATOR JADE 80/3E 14
      975 words
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      62 45 |l, —-I I The Eyoaifcve Housebtyer -fas hwtpiY*" O I I wants is me. But I'll never neglect I y •fchis house, J L vicg# (its Any job. any career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday times Business Times The new paper LIANHE ZAOBAO LIANHE
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      18 45 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. m Business Times mmmttmm
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      718 45 TODAY'S TIDES (hajht in metres) HOUt 0000 0100 0200 0300 0400 0500 0600 0700 OtOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 II 2.3 2.7 3.0 2.9 2.6 2.1 IJ 1.1 IJ OS 06 1.7 1.1 1J 2.0 22 22 2.1 1.7
      718 words
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      611 46 WORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SIGAHWE MAMLA VIGOUR SINGAPORE SSHB 11/116/33 ISZfIS/33 FRBA^MWMY VIGOUR aWfiAFOWE 55ANB 14/M/93 18/06/93 VIGOUR PACWC 20NB 18/06/93 26/06/93 VIGOUR PACfIC 20ANB 21/06/93 26/06/93 PORT KLANG/PCNANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLAN6 PBIAN6 MARIA MAS 9381N IQ/Qs/93 12/06/93 VIGOUR SWGAPORE SSW
      611 words
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      Page 46 Advertisements Column 2
      422 46 FREIGHT MANAGEMENT^ GENERAL: *****11 BOOKING: *****55 I FAB EASTI Taiwan Kaohsiung, Keelung Korea Busan Hong Kong Hong Kong also accepting to all China points via Hong Kong J SBHBfc EES FREIGHT SERVICES PTE LTD H #01-60 Wallich Building, Singapore 0207 im rnM Tel: *****66 (10 Lines) Fax: *****69/*****44 AIRPORT OFFICE:
      422 words
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      Page 46 Advertisements Column 3
      417 46 WOOD LINE SOUTHERN AFRICA SERVICE SPORE PL OM CT A VESSEL ***** 20/8 7/7 14/7 20/7 •ALSO CALLS E.L. AM) P£. pk seapk mmpwm son am tel M 7 ssbtlx xnm KJL: CAPRICORN FREIGHT SERVICES TEL ttt MI TLX. W rfjlL SECIL MARITIMA, U.E.E. Luanda, Angola. FAR EAST/ ANGOLA SERVICE
      417 words
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      993 47 I A HYUNDAI MERCHANT MARINE CO. LTD. I WESTBOUND TO EUROPE regis VOY PNA PKE PCD VESSELS VOY_ SI KIM MIT* LEW MM ME| FEL NO(tASIA MALACCA 9321 A 08/06 M/ 06 10/06 H. COMMANDER 304W 13/06 02/07 02/07 03/07 04/07 04/07 06/07 MM ADVANCE 20A 15/06 16/06 17/06 SI
      993 words
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      508 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY LIFTS INBOUND VESSELS KSKI wi n KBC u CRRRWBI TIIMI J3 US HO mamma i m» uaw 11 an in win ISSN MM M 11/ l CMK fBBEER M 111 11/ l MM Kill II 11/ l mil 21 n/t NKBTMf
      508 words
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      Page 47 Advertisements Column 3
      902 47 OUR USA Sr h m i— „t, rpris r p m service calls UK— >MW U/W ILUWTCi OBCWttT »ISH7 IHT/M WW Hftl Vltl It/tJ 17/17 M/O W/S7 W/17 SINGAPORE WW MM IMW IK WCTMH »NM M-a/W 11,<7 11/17 11/17 IV«7 11/17 »/t7 14/17 U. 17 DIRECT EVERY mm mm »wai
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  • AIR AND LAND TRANSPORT NEWS
    • Article, Illustration
      Lock icon Le Bourget air show opening with industry in crisis
      522 48 AFP PARIS The world's leading air show opens at Le Bourget tomorrow with the aviation industry, both civil and military, in a state of crisis. The 40th Le Bourget show comes as manufacturers are looking to restructure their companies amid growing
      AFP; Reuter  -  522 words
    • Article
      Lock icon GPA, GE Capital may wrap up deal soon: Salomon
      221 48 Reuter NEW YORK A report released by US investment firm Salomon Brothers Inc said on Tuesday GPA Group pic and General Electric unit GE Capital may complete a recently announced US$l.35 billion (552.2 billion) deal as soon as July or August.
      Reuter  -  221 words
    • Article
      Lock icon MAS to resume international cargo service
      488 48 MBT KUALA LUMPUR Malaysia Airlines, which stopped its international full freighter service last year, is resuming it in July for the Penang-Kuala Lumpur-Seoul run, using a Boeing 747 freighter. The twice-weekly service will be conducted jointly with Korean Airlines. Malaysia Airlines hopes to have
      MBT  -  488 words
    • Article
      Lock icon US Plains states railroads keeping up with wheat harvest
      290 48 Knight-Ridder KANSAS CITY The larger Plains states railroads are keeping up with elevator orders for grain cars as the wheat harvest moves into Oklahoma, company spokesmen said on Tuesday. Furthermore, all were gearing up for the onslaught of orders that comes
      Knight-Ridder  -  290 words
    • LOG BOOK
      • Article
        Lock icon Second ferry for Johor-Batam run
        99 48 Bernama JOHOR BARU A second ferry service between Johor and Batam, Indonesia, will be launched on Tuesday. The daily service will operate from Tanjung Belungkor. 140 km from here, the Managing Director of Johor Port Sdn Bhd, Damon Nori Masood, said yesterday. Johor Port Sdn
        Bernama  -  99 words
      • Article
        Unitor takes 33pc stake in Dodson
        105 48 SINGAPORE Unitor of Norway took over 33 per cent of UK-based marine refrigeration company Dobson from Apr 1. A company statement issued on Friday said that an agreement between the companies signed on June 2 also allowed Unitor to take an option over the
        105 words
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        Lock icon Beetle makes comeback in Brazil
        38 48 Reuter SAO BERNARDO DO CAMPO. Brazil Workers at a Volkswagen plant in Brazil working on the prototype of the latest version of the Beetle, which is scheduled to be relaunched in August. Reuter
        Reuter  -  38 words
      • Article
        Lock icon Fiat to launch new subcompact car
        118 48 AP TURIN, Italy Fiat will launch a new car model in September it is aiming to make Europe's best-selling subcompact. A Fiat spokesman said on Tuesday the Punto will be unveiled Aug 30 here while the model's international debut will be at the Frankftirt
        AP  -  118 words
      • Article
        Montreal-Brussels charter flight
        75 48 SINGAPORE Royal Airlines will be operating charter services between Brussels and Montreal every Saturday from June 25 till Oct 2 this year. It will use a 361-seater Lockheed Tristar. RoyaL a Canadian charter airline based in Montreal, links Brussels to Ok Canadian city on behalf of Nouvelles
        75 words
      • Article
        Lock icon Hyundai to build new model in Quebec
        80 48 Bloomberg Business News TORONTO Hyundai Auto Canada said it will build the next generation of its Elantra model at its Bromont, Quebec, plant beginning in mid-1995. The Canadian division of Hyundai Motor of South Korea said it will spend C 566.1 million (5582.6
        Bloomberg Business News  -  80 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1327 48 CHy nw ETA ere Abu Dhabi GA893 1335 MriiMi SQ227 2230 flmnn RJ183 2335 Amsterdam KL831 0935 SQ324 2230 SQ323 1725 KL832 2310 Auckland NZ21 1820 NZ22 1935 SQ228 2025 GF149 0650 B Sari Bat uwan B1421 1105 SO 182 0915 SQ181 1410 B1422 1205 B1429
      1,327 words
    • Article
      Lock icon Car sales in EC for May down 19pc
      291 48 Bloomberg Business News MILAN New car registrations in May fell 19.1 per cent in the 12 European Community (EC) countries, and fell 18.5 per cent in Western Europe from a year earlier, the European Automobile Manufacturers' Association said on Monday. Registrations fell
      Bloomberg Business News  -  291 words
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      6 48 KETil VT| Tomorrow in Business Times
      6 words
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      Page 48 Advertisements Column 2
      54 48 I MARKETING Tomorrow in Business Times Fly Finnair's new MD-11 the worlds most technologically advanced aircraft. Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world
      54 words