The Business Times, 17 June 1993

Total Pages: 46
1 46 The Business Times
  • 15 1 Business Times WE KNOW ASIA MI I A (P) 552/12/92 Thursday June 17 1993 75*
    15 words
  • 2am LATEST
    • 68 1 AFP KIEV Ukrainian President Leonid Kravehuk declared a state of economic emergency in Ukraine yesterday and took over direct control of the economy, state radio announced. The decree, in force on its signature yesterday, effectively suspends the parliament's powers to make decisions on economic
      AFP  -  68 words
    • 76 1 Reuter WASHINGTON New US "brilliant" weapons missiles and mines that destroy whole tank formations could crush future invasions and maybe avoid conflicts like the Gulf War, Defence Secretary Lcs Aspin said yesterday. "For the first time, it appears possible that air and
      Reuter  -  76 words
  • Article, Illustration
    111 1 Stock market indices Wednesday hang? STII 1811.66 -7.97 KLSE Composite 736.51 -2.91 Nikkei 19,902 42 -143 46 Hang Seng 7.304 83 +21.37 SET Index 873 39 +2.22 Jakarta Composite 354 +2.30 Aust All Ord 1.724.7 +0.7 FTSE 100 2.883 +13 Wednesday Ptcrimn 11 am close Dow Jones 3.497.21
    111 words
  • 194 1 Reuter KUALA LUMPUR Malaysia's economy expanded by 8.1 per cent in the first quarter of 1993 against 8.9 per cent a year ago and 7.1 per cent in the last quarter of 1992, the central bank said. The rebound in the gross domestic
    Reuter  -  194 words
  • 607 1  -  By Amy Balan SINGAPORE Speculators chasing Malaysian secondliners to sizzling heights got badly burned yesterday over a counter widely rumoured to be a reverse takeover target. The share price of Union Paper, a smallish paper maker listed on the KLSE second
    Source: Bloomberg  -  607 words
  • 535 1  -  From Neil Behrmann in LONDON THE CHINESE yuan plunged to a record low yesterday against the US dollar and international banks and traders believe it will slide further. After closing at 10.35 on Tuesday at the Hainan swap centre, the
    Source: Financial Times  -  535 words
  • 515 1 Bloomberg Business News NEW YORK George Soros made more money in 1992 than anyone else ever has, including former junk-bond king Michael Milken, according to a survey done by Financial World magazine. Mr Soros, a Hungarianborn money manager, was first
    Bloomberg Business News  -  515 words
  • 527 1 Reuter NEW DELHI Indian Prime Minister P V Narasimha Rao yesterday denied allegations that he had received money from a stockbroker involved in a major financial scandal, an official spokesman said. "The prime minister has categorically denied that he had got
    Reuter  -  527 words
  • 231 1 Bloomberg Business News TAIPEI Taiwan legislators on Tuesday passed a resolution calling on the government to testify about an expected big increase in Taiwan stock investments by an investment arm of the Singapore government. The legislature passed a resolution
    Bloomberg Business News  -  231 words
  • Page 1 Advertisements
    • 170 1 C32TR Cassette Receiver w.tti DSP Sound Processor CD Change. Control Fujfrsu TEN AMATEUR PHOTO STORES PTE LTD. Singapore Phone ?35 1333 Kaaia Lumpur Phone 757 0233 Pe«Mg Phone 615 985/619 014 Jakarta: Phone 374 ofts/380 1472 CONTENTS Nan Companies S pore News 2 S'pore-M'sia .9.11.12 Regional News 3.4.67 Financial 13
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    • 10 1 The Law Page: Pg 23 The right to retrenchment benefits
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    • 9 1 Hock Lock Siew: pg 9 Why Shaw picked Murdoch
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 321 2  -  By Teh Hooi Ling ELECTRICITY sales to the manufacturing sector a coincident indicator of industrial output edged up 4.6 per cent to 647 million kilowatthours (kwh) in April compared to the same month last year. But compared to March, April consumption was flat. Power usage by
        Source: PUB  -  321 words
    • 540 2  -  By Rahita Elias CAR BUYERS will soon enjoy a slight reprieve with the average price for a July certificate of entitlement (COE) falling bv about 4 per cent to SI 9.349. This is the first time in four months that the average premium,
      540 words
    • 352 2  -  By Ven Sreenivasan DOUBLE TAXATION benefits will soon be extended to companies developing new packaging technology for export. The incentive which is just one of the incentives to encourage the printing and packaging industry here to upgrade and expand
      352 words
    • NEWS ROUNDUP
      • 55 2 OUTGOING Lnvironment Minister Ahmad Mattar will head a seven-member Singapore delegation to an international meeting on sustainable development. Officials from his own ministry and the ministries of Foreign Affairs and National Development will accompany him to the meeting, to be held in New York
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      • 84 2 CI I Y Developments and Jones Lang Wootton have organised a treasure hunt and motor rally to raise Sioo,ooo for Community Chest. The rally the first event in this year's Heartstrings series will include a maze and target shooting with a blow-pipe. Competitors will
        84 words
      • 51 2 I HL Public Utilities Board (PUB) has awarded the contract to supply and install switchgear and accessories to Asea Brown Boveri. which put in a bid of 512.24 million. Other tenderers were Tameo Cutler-Hammer, which bid $11.21 million, and Meiden Singapore, which bid 5i3.76
        51 words
      • 92 2 AFP IOKYO Mitsubishi Materials Corp said yesterday it had set up a sales subsidiary in Singapore to meet demand for industrial tools from Japanese car and electronics manufacturers in South-east Asia and Australia. The leading Japanese metal and ceramics processor said sales of the
        AFP  -  92 words
  • Page 2 Advertisements
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      193 words
    • 15 2 The latest in sea, air and land transportation. Shipping Times. Monday to Friday. Business Times
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  • THE REGION
    • 563 3 Interim government will be formed to till the power vacuum AP PHNOM PENH Cambodia's two main parties agreed yesterday to share power equally in a proposed interim government to fill the power vacuum that led to a secessionist movement. The government
      AP  -  563 words
    • 534 3 But country still faces serious economic difficulties: deputy PM AFP HANOI The pace of foreign investment doubled in the first half of 1993 but Vietnam still faces serious economic challenges, Deputy Prime Minister Phan Van Khai told a National Assembly session that opened here yesterday.
      AFP; Reuter  -  534 words
    • 570 3  -  From Alan Boyd in BANGKOK THAI Danu Bank has appointed 32-year-old Pornsanong Tuchinda president, making him the youngest senior executive in Thailand's booming banking sector. Mr Pornsanong, heir to a family shareholding in the small bank, took over on
      Picture by Chris Loh  -  570 words
    • 184 3 AFP BANGKOK The Thai cabinet has appointed the former chairman of Caltex Oil (Thailand) Sukavich Rangsitpol as the new governor of the much criticised Expressway and Rapid Transit Authority of Thailand (ETA), an ETA spokesman said yesterday. Mr Sukavich, 56, was officially appointed
      AFP  -  184 words
    • 285 3 AFP, AP BEIJING Chinese Premier Li Peng looked well, but still bore traces of someone who had suffered a long illness, his Malaysian counterpart, Mahathir Mohamad, said yesterday. Dr Mahathir became on Monday the first foreign dignitary to
      AFP, AP  -  285 words
    • 366 3 Mahathir's visit to China MBT, Reuter BLUING Malaysian Prime Minister Mahathir Mohamad ended a visit to Beijing yesterday saying he had reached agreement with China on many diplomatic issues and looked forward to expanded economic ties. "Malaysia is very
      MBT,; Reuter  -  366 words
    • 455 3 Reuter MANILA The Philippines faces an economic crunch and must take urgent action to stem a flood of red ink on its revenue budget, a senior International Monetary Fund (IMF) official said yesterday. The I MPs Manila representative. Christopher Browne, said the
      Reuter  -  455 words
    • 560 4  -  From Stephen Vines in HONGKONG BRITAIN'S Cabinet will decide whether to break off talks with China on political reform in Hongkong at the start of next month after the Prime Minister, Foreign Secretary and other senior officials have been briefed
      Reuter  -  560 words
    • 534 4 AFP, UPI BEIJING Senior leader Deng Xiaoping has warned of severe consequences unless more attention is paid to improving the living standard of China's 900 million peasants, an official magazine said yesterday. "If economic trouble occurs in the *****. it
      AFP,; UPI  -  534 words
    • 272 4 AFP BEIJING Corruption has reached grim proportions as China introduces market economics, threatening to afTect political stability, according to a People's Daily report. "The anti-corruption struggle is facing a grim situation," the paper yesterday quoted Wei Jianxin, secretary of the Central
      AFP  -  272 words
    • 374 4 AP SEOUL South Korea's Defence Minister accused Communist North Korea yesterday of worsening inter-Korean tensions and ordered the nation's military to increase alertness. 44 A massive effort should be made to take full military preparedness against any North Korean threat," Kwon Younghae
      AP  -  374 words
    • 202 4 AFP SEOUL South Korea's anticorruption drive yesterday targeted former authoritarian president Chun Doo-Hwan as investigators said they would probe a "peace dam" begun under his rule to counter a purported North Korean threat to flood Seoul. A spokesman for the Board of Audit and
      AFP  -  202 words
    • ASIA NOTES
      • 77 4 AFP TOKYO Japan's industrial production in April fell 2.5 per cent from March, compared to the preliminary figure of 2.2 per cent, the Ministry of International Trade and Industry said in a revised report yesterday. Shipments dropped 3.5 per cent, a steeper decline than the
        AFP  -  77 words
      • Article, Illustration
        42 4 AFP HONGKONG A policeman directing traffic along a flooded road in Kowloon yesterday. Some 100 mm of rain fell during the morning as the colony witnessed its worst rainstorm of the year, sweeping one woman to her death. AFP
        AFP  -  42 words
      • 78 4 AFP TAIPEI Taiwan's government watchdog censured two official bodies yesterday for irregularities in the purchase of four McDonnell Douglas passenger jets, two of which developed at least nine mechanical faults within three months. The Control Yuan also criticised the government for failing to properly
        AFP  -  78 words
      • 62 4 AFP JAKARTA Indonesia recorded more than 800.000 foreign tourist arrivals in the first four months of 1993. press reports said here yesterday. The Jayakarta daily quoted Post, Tourism and Telecommunication Minister Joop Ave as saying that the figure of 802.205 was 3.6 per cent up
        AFP  -  62 words
    • 610 6 Reuter TOKYO Japan is seeking a last-minute compromise between its allies in the Group of Seven rich nations and Indonesian President Suharto's bid to address a G-7 summit next month. Japanese officials said. Tokyo, host to the July 7-9 summit,
      Reuter  -  610 words
    • 262 6 AFP TOKYO Government advisers want a review of Japan's economic system, urging businesses to rethink the corporate culture of expanding market share at all cost, according to a report released yesterday. A sub-committee of the Industrial Structure Council, an advisory panel for
      AFP  -  262 words
    • 177 6 AFP TOKYO Japan is stepping up its recent efforts to harmonise export controls for militarily sensitive products in East Asia countries, vice international trade and industry minister Noboru Hatckyama said yesterday. He said the six-member Association of South-east Asian Nations (Asean)
      AFP  -  177 words
    • 527 6 Reuter WELLINGTON The government's last budget before this year's election could herald small spending sweeteners to woo disenchanted voters, economists said yesterday. But any such enticements are unlikely to stop the government from announcing a reduced financial deficit when the budget for 1993/94
      Reuter  -  527 words
    • 262 6 AFP BOMBAY India needs to open up its economy further and extend the market-friendly reforms launched in June 1991 in order to attract "sizable" foreign investments, a top American executive said here yesterday. "The extremely modest flow of inward investment shows much more
      AFP  -  262 words
    • 357 6 Reuter BRISBANE Organisers of the Miss Australia pageant were checking their rulebook yesterday after a male lifesaver who won a Miss Wintersun title announced plans to go after the big one. Damian Taylor. 24. choked back tears on Tuesday night as he
      Reuter  -  357 words
    • 336 6 AFP PERTH The hunt for clues in the case of a Western Aus-tralian-born millionaire missing. believed murdered, in Britain has swung to Perth. Two British detectives are questioning relatives and friends of David Martin. 49. who disappeared without trace from
      AFP  -  336 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
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    • 8 4 Time for N Korea to change, pg 24
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  • Page 5 Advertisements
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  • REGIONAL FOCUS
    • 1151 7  -  Chinese human rights and the bid for the 2000 Olympic Games From Rose Tang The writer, a participant in the Tiananmen Square protests, migrated to Australia 18 months ago. She contributed this article to BT in SYDNEY THE RIVALRY between Sydney and Beijing over the
      1,151 words
  • Page 7 Advertisements
    • 440 7 repertoire, ranging from works by classical composers such as and Beethoven to more tunes by Cole Andrew Lloyd to find VER YEARS, delight the heart of your heloved. REUGE MUSIC BOXES HAVE BEEN at the address helow VALUED BY WIVES, MISTRESSES AND AUCTION HOUSES. A RAKf tunn WALNUT BOX WITH
      440 words

  • THE WORLD
    • WORLD WATCH
      • 97 8 Reuter BONN Economics Minister Guenter Rexrodt said yesterday west German gross domestic product (GDP) could drop more than 2 per cent this \ear if the economy did not pick up in the second half as currently expected. "An economic turnaround is not yet visible.
        Reuter  -  97 words
      • 87 8 Reuter WASHINGTON Secretary of State Warren Christopher said the US might be willing to guarantee security arrangements under which Israel would return some or all of the occupied Golan Heights to Syria. Mr Christopher made his comments on Tuesday as the 10th round of
        Reuter  -  87 words
      • 82 8 AFP OTTAWA Trade Minister Michael Wilson, the main Canadian architect of the bilateral free trade agreement with the US, announced on Tuesday he would not stand in general elections later this year. Mr Wilson, a long-time member of outgoing Prime Minister Brian Mulroney's government,
        AFP  -  82 words
    • 261 8 Reuter LONDON Britain's Labour opposition party focused on fugitive businessman Asil Nadir's shadowy links with the government yesterday in an attempt to embarrass the Conservatives over undisclosed donations to party funds. Labour leader John Smith demanded the Conservatives repay "every penny piece" Nadir had
      Reuter  -  261 words
    • 531 8 Reuter BRUSSELS Stuck in recession and demoralised by the setbacks of the past year, European Community leaders will be looking for a "big idea" to light their way out of the gloom when they meet next week in Copenhagen. Their chances of
      Reuter  -  531 words
    • 384 8 Reuter LONDON Britain's new finance minister Kenneth Clarke, appointed to reinvigorate Prime Minister John Major's government, pledged on Tuesday to maintain a tight grip on inflation and spending as he nurtures a fragile recovery. He indicated his preference to focus on spending cuts to
      Reuter  -  384 words
    • 237 8 Reuter GENEVA The European Community (EC) yesterday said it would block adoption of a Gatt dispute panel report calling for changes in the EC's banana import regime. The report, to be debated by the Council of the General Agreement on Tariffs and
      Reuter  -  237 words
    • 202 8 UPI LONDON Two weeks before he stands down as governor of the Bank of England, Robin Leigh-Pemberton said the principle failure during the last 10 years of economic policy was "that we did not keep inflation under control". Speaking at the
      UPI  -  202 words
    • 233 8 UPI LONDON Britain's manufacturing output increased 2.2 per cent in the first three months of the year, the highest jump since December 1989, according to government figures released on Tuesday. The annual rise in manufacturing output was also 2.2 per cent higher than the same
      UPI  -  233 words
    • 341 8 AP NEW YORK People reported finding syringes in Pepsi cans in several more states and Pepsi-Cola Co, a prolific advertiser and aggressive marketer, took a low-profile response on Tuesday. The Food and Drug Administration (FDA) said it was looking into at least a dozen
      AP; Reuter  -  341 words
    • 404 8  -  From Leon Hadar in WASHINGTON SEVERAL congressional committees began debating yesterday whether to establish a new government-controlled radio service, called Radio Free Asia (RFA). which will broadcast news and other programmes to Asian countries, targeted for the human rights campaign of the new
      404 words
  • Page 8 Advertisements
    • 221 8 ASIA PACIFIC MARKETING AIRLINE < SERVICES n CONFERENCE y y 25-26 August 1993 The Oriental Singapore CONFERENCE HIGHLIGHTS Featuring an outstanding panel of 4 State of the Industry' Address by lATA experts from: Free-trip mileage incentive schemes International Air Transport Association Converting passenger databases into Qantas Airways effective marketing tools
      221 words

  • COMPANIES & MARKETS
    • 403 9  -  By Sylvia Wong SINGAPORE First Capital Corporation (FCC) and United Overseas Land (UOL) have received the go-ahead for their maiden entertain-ment-cum-shopping projects in HDB estates, while the Far East Organisation will be carrying out a similar project at the Riverside Village next
      403 words
    • 347 9  - CCL condo project sold in one day 25pc to staff and relatives By Sylvia Wong SINGAPORE The Cycle Carriage Ltd group sold out its 116-unit condominium at Holland Village in one day when the project was finally put on the market yesterday after a four-month delay. But about a quarter
      347 words
    • 331 9 Bernama KUALA LUMPUR Utusan Melayu (Malaysia) Bhd has submitted an application for a flotation exercise to the authorities and expects to be listed on the main board of the Kuala Lumpur Stock Exchange (KLSE) in October. Utusan's future wiU now depend on the
      Bernama  -  331 words
    • 872 9  -  HOCK LOCK SIEW By Stephen Vines HONGKONG Many of the kung fu films which helped Run Run Shaw make his fortune feature a wise old master who allows his acolytes to make all manner of mistakes before he steps in
      872 words
    • 367 9 Bernama KUALA LUMPUR MBf Holdings Bhd has teamed up with companies in China to make cellular telephones and mobile telephone equipment and systems in the local and overseas markets. The joint venture is between MBPs subsidiary, MBfNorinco Sdn Bhd, the stateowned North
      Bernama  -  367 words
    • 381 9  -  By R Sivanithy SINGAPORE DBS* preference share issue, which recently chalked up a disappointing 63.7 per cent subscription rate, yesterday surprised its critics when it closed at 47.5 cents on its first day of trading only 2.5 cents below its issue price of
      381 words
    • Article, Illustration
      319 9 Source: Bridge Info Performance of STII's Index stocks Jun 16 Last Seaae lades Stock salt Char (actor i <*> (i) Avimo 2.290 -0010 1.77 1.75 CAC 7000 5 40 000 Ccrebos 5.100 0050 394 -8.77 FAN 11.700 0 200 903 -35.09 OF Asia 3000 -0020 2.32 3.51 Gen Mag
      Source: Bridge Info  -  319 words
    • COMPANIES
      • 250 11 JAKARTA The Capital Market Supervisory Agency (Bapepam) has ordered publicly listed companies to adopt international accounting standards to attract more foreign investors to local stock exchanges. according to a Jakarta Post report. In a hearing with Commission VII of the House of
        250 words
      • 462 11 UNIT TRUSTS FUNDS Managers prices Jun 17 Insurance Fund Income Bond Polio 3.32 3.45 Singapore Unit Trust The Commerce 135 I 42xd fruflemiai Thefcavings Fund 1.23 I 21 PruLink Mgd Fund 1.13 1.11 S pore frog Fund 0 56 0 51 MtRi-Buminiftri S pore See Fund 0<W 015 WW« DWpUITa
        462 words
      • 137 11 Reuter BANGKOK Technology Applications Pte Ltd (TAPL) of Singapore has agreed to sell its substantial holding in Technology Applications (Thailand) Ltd (TATL) to Sondhi Limthongkul, owner of Thailand's Manager Group. Technology Applications (Thailand) is seeking approval from the Stock Exchange of Thailand
        Reuter  -  137 words
      • 339 11 Reuter HONGKONG Disgraced former Hong Kong Stock Exchange chairman Ronald Li, who ran the market "like a private club" until his downfall after the 1987 crash, walked out of prison yesterday into a fabulously wealthy retirement. Mr Li, who was arrested
        Reuter  -  339 words
      • COMPANY BRIEFS
        • 74 11 SINGAPORE Sesdaq-listed PCI Ltd yesterday announced that it has formed a wholly-owned subsidiary company in Jiangsu. China. PCI Electronics (Kunshan) Co Ltd will have an authorised capital of U552.75 million (554.43 million) and will manufacture printed circuit boards. Last week. PCI diversified into the
          74 words
        • 111 11 Bernama KUALA LUMPUR Kumpulan Emas Bhd (KEB) recently signed a joint-venture agreement with three parties. ITC Agrotech Ltd, Pica (M) Corporation Sdn Bhd and CN Balu. to develop an integrated palm-oil complex in India. The venture will be incorporated in India with an initial authorised
          Bernama  -  111 words
        • 104 11 Reuter HONGKONG Wharf Holdings chairman Peter Woo said the company has not altered its projects in Wuhan. China, but it will take time before progress is seen. "We have completed technical feasibility studies for a string of projects in Wuhan and some are under way.
          Reuter  -  104 words
        • 97 11 Bloomberg Business News HONGKONG Hung Hing Printing Group, a manufacturer and printer of paper and carton boxes, said its profit after taxes and minority interests rose 46.1 per cent to HKS9O.6 million (5518.9 million) in the fiscal year ended March 31 from HKS62 million
          Bloomberg Business News  -  97 words
        • 73 11 Bloomberg Business News HONGKONG Property and investment company Tai Cheung Holdings said its net profit for the year to March 31 rose 45 per cent as a result of successful property sales and rentals. Profit after taxation and minority interests, but before extraordinary items,
          Bloomberg Business News  -  73 words
        • 87 12 Reuter TOKYO A government advisory panel yesterday urged Japan to simplify its antitrust law regulating mergers. The eurrent system, which applies strict requirements uniformly, is hampering corporate restructuring efforts, the Industrial Structure Council said in a report to the Ministry of International Trade and
          Reuter  -  87 words
        • 75 12 Reuter PARIS French investment bank Banque Indosuez, a Cie de Suez unit, released a partial list of foreign firms that have subscribed to shares in Swedish defence group Celsius Industries which is being privatised. The partial list includes Friends Provident, Morgan Grenfell Asset Management,
          Reuter  -  75 words
        • 77 12 AFP TAIPEI Taiwan's economic ministry will privatise Five more enterprises in the second wave of the government's plans to liberalise state monopolised firms, economic officials said yesterday. The ministry will release to the private sector its shares in Taiwan Power Company, Taiwan Salt
          AFP  -  77 words
        • 97 12 AFP SYDNEY Australian domestic carrier Ansett Airlines was yesterday awarded the bulk of capacity into Japan's new Kansai airport, dealing another blow to flag carrier Qantas. The International Air Services Commission (lASC) said it had awarded two-thirds of the Australian capacity into Kansai,
          AFP  -  97 words
        • 85 12 AFP TOKYO Japanese trading house Kanematsu Co said yesterday it would invest 2.1 billion yen (Ss32 million) in coal mining conducted by Australia's Denehurst Ltd. Kanematsu is to pay 225 million yen to take a more than 10 per cent stake in Metropolitan Collieries
          AFP  -  85 words
        • 83 12 Bloomberg Business News SYDNEY The debt-laden Adelaide Steamship group yesterday said it has entered into a preliminary agreement to sell its Yates horticulture business to Green Equity Investors of Los Angeles. The price is believed to be about As7s million (SSB2 million), according to
          Bloomberg Business News  -  83 words
        • 77 12 AFP SEOUL South Korea's Samsung Heavy Industries has received a US$75 million (SSI2O million) contract from India's Oil and Natural Gas Commission to construct an oil and gas production platform off the west coast of India, Samsung said in a statement yesterday. A Samsung
          AFP  -  77 words
      • 234 11 JAKARTA Technical products distributor PT Tira Austenite will ofter the public two million new shares accounting for 20 per cent of its total common stocks. The Jakarta Post reported. The company's president, Toto Wahyudiyanto, said in a public presentation at Sahid Java
        234 words
      • 356 12 FT NEW YORK HJ Heinz, the US food group, on Tuesday announced a range of cost-cut-ting moves, involving an 8 per cent reduction in its worldwide workforce of 35,500 and a cut in its UK operations. The company will take
        FT  -  356 words
      • 201 12 AFP LONDON A travel company appointed by Hoover to handle its disastrous free flights promotion billed as one of history's biggest corporate blunders is going into receivership, Abta said late on Tuesday. JSI Travel, based in Dorset, southern England, was the first agent appointed
        AFP  -  201 words
      • 172 12 Bloomberg Business News TAIPEI The first Taiwanese securities company to set up operations in Japan formally opened its doors yesterday. Taiwan Securities opened a representative office in Tokyo to collect information about Japanese companies for Taiwan investors, according to Eiki Kiu, the
        Bloomberg Business News  -  172 words
      • 59 12 Reuter TOKYO Auto parts maker Nippondenso's high-tech microcar, said to be the world's smallest moving car, 4.8 mm long and 1.8 mm wide, balancing on a finger in Tokyo yesterday. Nippondenso developed the car, with built-in electromagnetic motor, utilising its micromachine technology, and hopes to use
        Reuter  -  59 words
      • 235 12 AFP PERTH Australian inventor Ralph Sarich has expressed surprise that German car maker Volkswagen has deferred a royalty payment to Orbital Engine Corp, the company he founded. Mr Sarich, Orbital's chief executive until he stood down last year, said yesterday: "Everything seemed to be
        AFP  -  235 words
    • FINANCE & COMMODITIES
      • 450 13  -  By Quak Hiang Whai SINGAPORE Singapore investors may soon be able to invest in Austrian bonds on the Stock Exchange of Singa pore (SES). Oesterreichische Kontrolbank Aktiengesellschaft (OKB), a leading Austrian export financing bank, plans to issue Dragon bonds worth about
        450 words
      • 286 13 Platts TOKYO East China Sea oil resources total "several billion tonnes" and natural gas accumulations amount to "several hundred billion cubic metres", according to a multi-year assessment completed last week by China's Ministry of Geology and related organisations.
        Platts  -  286 words
      • SMALL CHANGE
        • 83 13 SINGAPORE A change in top management is taking place at merchant bank Nomura Singapore Ltd. S Katada (right), current chairman, is returning to Japan to head Nomura's fund management subsidiary, Nomura Investment Management. He will be replaced by T Kondo, who was last heading London-based Nomura
          83 words
        • 72 13 Reuter MOSCOW The Russian Central Bank has imposed restrictions on the amount of hard currency bought and sold daily by banks, which will enhance its control over the fledgling foreign exchange market and slow the run on the rouble. Bankers said new regulations sent to banks
          Reuter  -  72 words
        • 71 13 Platts HOUSTON Indonesia must fund projects in its oil, natural gas and coal industries and will be striving to provide attractive opportunities to foreign investors, according to Minister of Energy and Mines 1 B Sudjana. Indonesia exports oil, LNG and coal, but "at the same
          Platts  -  71 words
        • 70 13 Bloomberg Business News LONDON Shares in banking group Standard Chartered pic have risen 3.4 per cent in recent trading, as a number of houses have turned more positive on the stock following an analysts' meeting on Monday. Stanchart's share price was up 26 pence at
          Bloomberg Business News  -  70 words
      • 228 13 Bloomberg Business News HONGKONG Chase Manhattan Bank is poised to expand credit card operations into China if Beijing eventually allows foreign banks to conduct business in the renminbi. "We see in the future significant opportunities in China, as we can
        Bloomberg Business News  -  228 words
      • 357 13 Reuter AMSTERDAM The world's biggest producers of nutmeg and mace have made a renewed attempt to end their rivalry and hope to conclude an agreement soon to raise prices from record lows, spokesmen for both sides say. Farmers from Indonesia and the
        Reuter  -  357 words
      • 224 13 SINGAPORE DAVID Leong, Ihe man behind Citibank's massive treasury business in Singapore, has resigned. Sources say Mr Leong, division head for South Asia for Citicorp Investment Bank, handed in his resignation earlier this month. The bank has not named any replacement. Mr Leong is now
        224 words
      • 137 13 THE US dollar opened higher against the regional currencies as the dollar made some impressive gains overnight against the majors. The US dollar opened at 1.6100/10 against the Sing dollar. up from the 1.6075/80 close the day before. Short covering pushed the dollar to the
        137 words
      • 192 13 Reuter LONDON The dollar surged two pfennigs on the day in hectic European trade as negative factors ganged up to drive the knife into the mark. A swing in sentiment on the outlook for German interest rates sparked initial overnight gains, but the dollar then shot a pfennig higher
        Reuter  -  192 words
      • Article, Illustration
        1504 13 rrade-H<eigfiled irniex atkutaMl attains S'porr lop 14 traJiHK partners Base year !9Sf US$/S$ forward rates Noon June 16 s$ B* Offer 1-month 1.6114 1.6124 2-month 1.6114 1.6129 3-month 1.6114 1.6129 6-month 1.61 IS ***** Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m yesterday: Singapore dollars to one unit of
        1,504 words
      • 206 13 ENERGY REPORT Reuter LONDON Crude output from the UK North Sea Brent pipeline system is expected to rise 25 per cent in July to 580,000 barrels per day (bpd) after falling to 465,000 bpd in June due to maintenance, operators Shcll-Expro said. The
        Reuter  -  206 words
      • 83 13 AFP NEW YORK The dollar rose against major currencies yesterday in early trading following the release of the latest economic figures. Gold rose 40 cents to open at USS37O per ounce. The dollar was trading at 1.6560 German marks up from 1.6470, and at 106.40 yen against 105.90.
        AFP  -  83 words
    • COMMODITIES & FUTURES
      • 1499 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended weaker after being mired in a range all day, as fears of near-term US eredit tightening are put on the baek-hurner and traders await the release of US money supply figures seheduled for tomorrow in Singapore. "The
        Reuter  -  1,499 words
      • 586 14 COMMODITY REPORTS Tin THE Kuala Lumpur Tin Market reported no trading yesterday because of insufficient volume for transaction. The metal offered came to only five tonnes, below the required minimum official transaction level of 10 tonnes. The market, which has shown a lack
        586 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 73 14 TOKYO China's exports of aluminium arc likely to increase as some smelters shift to tolling arrangements in a strategy to combat weakness in the country's currency, the yuan. Chinese trade sources say. "Now that LME (London Metal Exchange) prices have rallied a little and the
          73 words
        • 92 14 TOKYO The Kuwait Petroleum Corp has stepped back from insisting that a floor price be included in the price formula for naphtha sold to Asian term buyers for 1993-94. sources at firms that buy KPC naphtha on a term-basis said. They added, however, that
          92 words
        • 57 14 TOKYO Pure and mixed cotton yarn produc- tion by members of the Japan Spinners' Association totalled 97,847 400-pound yam bales in May. down 10.8 per cent from 109,647 bales in April, the association said. Stocks of pure cotton yarn declined to 78.688 bales in May
          57 words
        • 64 14 SEOUL Lucky Metals. South Korea's only copper smelter, is likely to decide in late August whether to proceed with a proposed expansion of its smelting capacity, a spokesman for the company said today. The company, a division of the LuckyGoldstar group, has proposed expanding
          64 words
        • 47 14 HONGKONG Leading cotton-producing areas along China's eastern coastline continue to be threatened by pests, the official China Daily newspaper reported. The Ministry of Agriculture has urged growers to take immediate action to curb cotton pests, the article said, quoting a ministry official.
          47 words
      • 1577 14 Rubber June 16 RAS Commodity Exchange (futures closing as at lpn) RAS (physical prices) RSS 1 Contract (S cents/kg) Buyers Sailors Close Volume Open (S cents/kg) Month High Low Sett (tonnes) Interest RSS 2 July 93 128.20 129.25N Jul 93 0 00 0 00 129 50 0 3.350
        1,577 words
    • REGIONAL STOCK MARKETS
      • 1043 15 +0.7 Shares closed marginally higher as the shine returned to gold, boosting buyer interest in selected blue chips. "Gold is easing back and dragging the market higher with it," said Macquarie Equities strategist David Rickards. Brokers said demand for some blue chips was strong, while gold stocks recovered after
        1,043 words
      • 544 15 -0.02 Share prices on the Manila Stock Exchange's Composite Index are expected to gain about two points today as investors keep to the sidelines seeking clues to future direction, an analyst said. The index eased 0.02 point lower yesterday to close at 1568.40. It dropped 12.85 points on Tuesday.
        544 words
      • 589 15 -9.40 Stocks reversed early gains to end slightly lower across the board on fairly heavy profit-tak-ing in the last hour, brokers said. The Weighted Index rose more than 40 points at one stage but closed 9.40 down at 4,188.90. Turnover remained thin at T516.9 billion though it rose from
        589 words
      • 464 15 1.42 Seoul stocks closed slightly higher in lacklustre, rangebound trade, ending five consecutive days of losses, brokers said. The Composite Stock Index rose 1.42 points to 759.26, but brokers said across-the-board profit-taking was expected to last until Friday. "There won't be a rally, but the market should start picking
        464 words
      • 289 15 +4.84 The New Zealand share market closed slightly higher, the highlights being strength in Progressive and a large trade in Fisher and Paykel shares. The NZSE-40 Capital Index closed up 4.84 points at 1,641.84 on a volume of NZ544.5 million. That volume was boosted by the trading of
        289 words
      • 57 15 •14.33 Stock prices dropped again ahead of expected disclosures by a Bombay broker on alleged bribes to ruling party politicians. Prices could fall further if broker Harshad Mehta's disclosures affect the stability of the minority government. The Bombay stock exchange index dropped by 14.33 points to 2291.65 and the
        57 words
    • WORLD STOCK MARKETS
      • 529 15 Vienna Jun 16 Asrh Al!A 1540 Bank Auflru (f) J47 C aMMa 7 40 I Jungbunzl I6W5 Lrruinc S»7 *2 Lnba 177 I S«C»ctDP III Scrahag 1400 10 Vfindwr 2JI 2 Wwnntocff 3I«0 II Source: Bank Austria Nasdaq Job 15 IS$ VMp6 oon B»r»inf It 250 0 125 Ante ompuirt
        529 words
      • 768 15 13 Shares were firmer at the close, driven higher by stronger FTSE futures and renewed speculation about a cut in UK interest rates, dealers said. The FTSE 100 index closed 13 points higher at 2,883, around five points below the day's best level. "People are expecting a rate cut
        768 words
      • 128 15 +20.95 Share prices ended higher, lifted by buy programmes from foreign investors on both the index futures and cash, dealers said. Trade got off to a nervous start after Tuesday's drop of almost one per cent but soon picked up as the bond market firmed on hopes for further
        128 words
      • 112 15 +o.Bpc Shares closed higher with rate-sensitive stocks in focus. Dealers said both Swedish and foreign investors were active on the market. The OMX-index, which carries a futures contract, was up 1.06 per cent at 840.24, while the Top-16 blue chip index rose 1.06 per cent to 1124.21. The All-Share
        112 words
      • 179 15 +5.46 Shares held steady just below the 1,690 level on the DAX for most of the the second half of the session after dropping from early highs. Market generally not expecting Bundesbank rate cut today but core of speculation persisting, dealers say. The 30-share DAX closed 5.46 points higher
        179 words
      • 112 15 •14 Stocks fell 1.2 per cent yesterday as an 18 per cent plunge by Ferruzzi Finanziaria overwhelmed a modest comeback by some of its creditor banks. The MIB index of blue chip stocks closed at 1,119, down 14 points. Milan Jn 16 Lire Asuulia KM -50 Bntoci 14 Hack
        112 words
      • 276 15 11.76 Shares compensated for Tuesday's losses and ended near the day's high. Trading picked up in the afternoon, led by blue-chips Nestle and ÜBS. Dealers said a firmer dollar lended industrials support. Further, hopes of lower interest rates in the medium term and a good liquidity helped shares. The
        276 words
      • 239 15 +1.33 Shares closed higher in trading yesterday led by electronics company Philips and boosted by a strengthening dollar, traders said. The EOE index of the leading 24 Dutch share closed 1.33 points higher at 317.21. Advancers outpaced decliners 14 to seven. Three stocks closed unchanged. "There's real power in
        239 words
      • 186 15 13.27 Shares ended close to their day's best, buoyed by a rising dollar in the afternoon and by anticipation of a German interest rate cut in coming weeks. Dealers said the market's mood was positive but predicted a correction if the Bundesbank made no large cuts in interest rates.
        186 words
      • 338 15 14 Gold shares gave up some of their early gains in afternoon trade in line with a small gold price retraction but remained substantially higher on the day. Industrials managed gains despite an expected decline following the fu-tures-related boost on Tuesday. The Overall Index rose 22 points to 3,954
        338 words
      • 317 15 15.63 Stocks were slightly weaker and quiet as summer doldrums again kept the trade featureless early yesterday, traders said. "Quite often that will happen. June will be worse than the rest of the summer," one trader said. The TSE 300 Composite Index was down 4.1 points at 3,883.7 on
        317 words
      • 788 15 •22.69 Wall Street share prices edged up yesterday, boosted by bargain-hunting ahead of the quarterly settlement tomorrow of stock-linked futures options. At 1 lam, the Dow Jones index of leading industrial stocks was up 5.21 points to 3,497.21 with 76 million shares changing hands. Investors remained cautious after
        788 words
    • Article, Illustration
      2811 16 Bloomberg Business News STOCK PRICES ended higher as Hang Seng index futures surged on rumours of a breakthrough in Sino-British talks on political reform. "I think it was a question of some people just punting on the futures in a quiet market," said Michael Ng, assistant general manager at
      Bloomberg Business News  -  2,811 words
    • Article, Illustration
      491 16 IN SHENZHEN, the "B" share market was extremely quiet ahead of further issues with the CLSA Shenzhen B Share Index closing up O.S per cent to 973.68. Tellus will list on June 21 with issues of 21.8 million "A" shares and 20 million "B" shares. The IPO price of
      491 words
    • Article, Illustration
      2521 16 Reuter STOCKS ended lower with the Nikkei average ending below 20,000 for the first time since April 26. Sentiment was hurt by uncertainties arising from domestic political upheavals although late buying kicked in after the yen eased slightly. The Nikkei fell 143.46 points or 0.72 per cent to 19,902.42.
      Reuter; Source: Bridge Info  -  2,521 words
    • Article, Illustration
      1736 16 Reuter HIGH DEMAND for major property firms pulled the stock index up in the afternoon as prices consolidated after recent rises, brokers said. The SET index ended 2.22 points higher at 873.39 on turnover of 5.54 billion baht. "The market is consolidating while speculative buying is high on property
      Reuter; Source: Bridge Info  -  1,736 words
    • Article, Illustration
      1086 16 Reuter Trading was lacklustre yesterday, brokers said. "Only small deals have taken placc. The only quite active counters are Panin Bank and Rig Tender," one broker with a foreign brokerage house said. Panin and Rig Tender each traded over 200.000 shares. Panin price was unchanged, while Rig Tender fell
      Reuter; Source: Bridge Info  -  1,086 words
    • 2600 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE vrtume Renong Bhd 50c 11.5*.000 Idm H\d 50c IO.IW.OOO Lien Hoc 7 *75.000 FACI50c 6.W8.000 High Low 50c 5.WI.OOO Mctropkx 5a 5.709.000 Promct 5.170.000 Bcrjaya Group 4.508.000 Boustcad 50c 4.327.000 Fabcr Group 3.539.000 AMDB 50c 2.W8.000 Ind Oxygen 50c 2.868.000
      Source: Bridge Info  -  2,600 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5064 17 Bernama SHARE PRICES closed lower on further liquidation as the market correction continued from an overbought position, dealers said. "Although bargain-hunters were in the market, they were cautious about taking up large positions while the market is correcting." said one dealer. The KLSE Composite
        Bernama; Source: Bridge Info  -  5,064 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1110 18  -  By AJ Leow THE Singapore stock market yesterday continued its consolidation for the fifth consecutive session as fund managers locked in their profits ahead of the half-year closing. Although the Straits Times Industrials Index rose momentarily in the first hour of trading
        Source: Bridge Info  -  1,110 words
      • 75 18  -  Quak Hiang Whai IDRIS Hydraulic remains a short-term speculative play. The daily chart shows the stock could be heading for support at Si.9o, which could mean a good buying opportunity. While both its daily RSIs and stochastics are still not in the over-bought region, they appear headed downwards.
        SOURCE: BRIDGE INFO  -  75 words
      • 5909 18 1' J 1 Cr Gr 1992/93 UM Vol Dn Last Qmatt Oh YM N« M Cm High Low 1 J Sale COM) High Low Baytr SHkr CV P/E Wil INDUSTRIAL AND COMMERCIAL 770 170 Acma 730 xd unch 63 730 720 720 730 12.3 2.1 1.7 31.6 303.2 220 210
        5,909 words
  • Page 9 Advertisements
    • 66 9 Includes deluxe accommodation, full American Breakfast, free shuttle service to W>rld Trade Centre, 24 hour hutler service, complimentary newspapers and in-house movies plus full use of the Beaufort Sports Centre. Isn't it ahout time you spent a few days with us? *per/person based on a share twin Ho Tti u
      66 words

  • Page 10 Advertisements
    • 118 10 Why Hand Your Shipments Over To Someone Who Will Hand Them Over To Someone Else? —jir At UPS, we pick up your shipments, handle all customs formalities (using our own UPS-employed brokers) and deliver them. That may sound extremely simple. But there's a good chance your present shipping company doesn't
      118 words

  • Page 11 Advertisements
    • 209 11 Dividends table has been held over r~" v W& «r jhh| m\ i^k'-^JI ijF J I Bk *gu ij wy v VAai9 ■HPMHBfIBBBBP^ > '^IMHHHHIH^HHiIH^^HHIH The .ill new Subaru Impreza Sedan is a brilliant "true" 1600 cc class car that redefines the joy of driving. Born from the Subaru heritage
      209 words

  • Page 12 Advertisements
    • 1138 12 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPAMES ACT. CAP. SO AND IN THE MATTER Of INSOLACE ENTERPRISES PTE LTD (In Members' Voluntary liquidation) MEMBERS' VOLUNTARY WtNOING-UP Ai an Extraordinary General Meetinq of the members of the abovenamed Compa ny duly convened and
      1,138 words
    • 322 12 IN THE MATTER OF THE COMPAMES ACT. CAP. SO ANO IN THE MATTER OF CRADCOCK INVESTMENTS PTE LTD (In Membere' Voluntary LiquMMion) MEMBERS VOLUNTARY WINDING-UP Al an Extraortftnary General Meeting ol the members of the abovenamed Company duly convened and held at 4 Gul Street 1 Jurong Sraapore 2262 on
      322 words
    • 444 12 AK JAPAN-SINGAPORE AI CENTRE A collaboration between the National Computer Board (NCB) f *nd the Japan International Cooperation Agency (JICA) jg Intelligent Systemsfjgj Inteligont Systems are computer appficatione which dtaplay human-tike reasoning capacities, It involves the use of ackance computer technology to manage and process the growing spectrum of information
      444 words

  • Page 13 Advertisements
    • 46 13 VIETNAM <1 BUSINESS SERVICES Pte Ltd "The one-stop service for all your Vietnam business needs...' BUSINESS ADVISORY, SETTING UP REP. OFFICES JOINT VENTURES, TRADING, BUSINESS TRIPS, TRANSLATION... Call us at Tel: 334-3530 or Fax: 334-3531 Westin Catering Call 338-3808 for more information. WF Thi westin Hotels
      46 words

  • Page 14 Advertisements
    • 309 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 In the Matter of The Companies Act, Cap. SO and In the Matter of MARINA ELECTROMART PTE LTD Notice of Resolutions of Creditors' Voluntary Winding Up (Pursuant to Section 290) At a General Meeting of the Members and the Creditors of
      309 words
    • 333 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HONKO MARINE PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of the Company was convened and held at 7SOOA Beach Road #13-318 The Plaza Singapore 0719 on 14th
      333 words
    • 34 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead 737-1166 Business heats up when you make the call and place an ad. 1737-1>661
      34 words

  • Page 15 Advertisements
    • 42 15 Piaget. True values never change. PiarfT WW,\>\\\wWt?!SP^V ilAutl wu™E»—S~ WWV\* t '*\WW h\\\W\%W Wili\u\\M\\\l\ Protocole n V H S**t a P or U4 Boutique md Service Centre: <01-01 Mandarin Sboppmg Arcade, The Mandarin Singapore. 333 Orchard Road. Singapore 0923 Tel 732 6831
      42 words


  • Page 17 Advertisements
    • 190 17 All «afraa<s ma 4 boafe an listed la SES pagr Expansion Growth Today's SMEs could be tomorrow's MNCs. Simply by improving cashflow with 1 All it tokos is a Irttio imagination, forward immodiato cosh advances of up to 90% Thailand, Indonesia and tho Philippines, thinking and a helping hand... partku-
      190 words

  • Page 18 Advertisements
    • 101 18 Since 1733 there has i NEVER BEEN A QUARTZ BIANCPAIN WATCH JlfijH And there never will be nu Singapore nil. IKXJK CI ASS I i*ky lid/a TH 7M241W1 SoUls. Tel MViH7/7IW HRngP'Or C cut hi x mil TH 7141VM/MH IVii.nsub I>UIjTH H7BMVIMVAI W<>rM T>dde Centre TH J7 JIOO7 I'jUhs Tel
      101 words

  • SPORTS
    • 766 19  -  By Shahiron Sahari SINGAPORE Singapore's Lam Chih Bing carded the day's high score on the third day of the South-east Asia Games golf competition at Singapore Island Country Club (Bukit), but the leads in both the men's team and individual events still belong to the
      766 words
    • 708 19 US Open j Golf NYT SPRINGFIELD. New Jersey The toughest championship in golf is already taking its toll. One day before the first official shot will be hit at the 93rd US Open here at Baltusrol. faces are harder, practice sessions longer, and. among
      NYT  -  708 words
    • Article, Illustration
      576 19 SEA GAMES AFP SINGAPORE. 17th South-east Asian (SKA) Games fourth day results yesterday: ATHLETICS, Men 200 m: I. Niti Piyappan (Tha) 20.93 (games rec) 2. Mamkah Afik (Sin) 21.34 3. Ernawan Witarsa (Ind) 21.44. 800 m: 1. R Tangavelu (Mai) 1:51.81 2. Alexander Resmol (Ind) 1:51.07 3. Tun
      AFP  -  576 words
    • 847 19 SEA Games round-up AP, AFP, Reuter SINGAPORE Philippine glamour girl Lydia de Vega yesterday rewrote the Asian women's 200 metres record with a scorching 23.37 sees run at the 17th South-east Asian (SEA) Games here. At the swimming pool. Joscelin Yeo
      AP,; AFP,; Reuter  -  847 words
  • Page 19 Advertisements
    • 348 19 PAN-WEST We take your golfing needs very much to heart. And when it comes to helping you play better golf, we believe an of golf clubs will do your You have already seen the extensive clubs from Hon ma. We now showcase two new The LB-300 Series. THE NEW LB-300s
      348 words

  • Page 20 Advertisements
    • 999 20 Null king Beats A Bud. H where t wine, dine and entertain NC. OF 5 INTERNATIONAL |BUFFET xjjpi fc &d at only TlJ»ov j Jt J4 hour iu/frr fxtmt* Cin June. Cafe Carousel *LUNCH BUFFET > goes cosmopolitan with a j our International Buffet Sl3.BoH(aduh) promotion. Scouring the $10.80*+ (child)
      999 words
    • 294 20 with nppiHwii uv dalkioui on«i lo chooi* SOtwMitMnptartoni. Take your pick. a imw country ovory month. Ot# Stoblm* Grillroom Lunch: ■HHH Noon 2.30 pm Only $30■*■■*■ pmr porton. For reformations, ploato Hi *****51 M "M t#V, <rr~ V XUOrrtkMd Road N Smctpuff NH TH 7)***** I FREE! use of KTV
      294 words

  • LIFESTYLE
    • 786 21  -  American film stars who are unwilling to endorse products at home are only too hanpy to appear in commercials abroad. Lauren David Peden throws some light on this strange phenomenon Lauren David Peden NYT Americans abroad will not have to wait for the
      NYT  -  786 words
    • 497 21 CHATTERBOX UPI UPI UPI UPI DON'T believe everything you read in the tabloids, warns Oprah Winfrey. Despite a flurry of reports that she's poised to walk down the aisle this summer, the talk show diva says she's not headed to the altar any
      UPI  -  497 words
  • Page 21 Advertisements
    • 134 21 J N Music Forest (KTV) Karaoke Lounge ft#(KTV)-f?iiOKjgJ® The Oasis 3rd level, 50 Kallang Park, S'pore 1439. Tel: 447-3916,447-3965 SIN( L^3 A TO THE LATEST hits (jo. IN TOWN W Private KTV rooms available for your singing pleasure Birthday Parties Free Champagne for orders above 5250 Company Functions Gatherings (buffets
      134 words
  • Page 21 Miscellaneous
    • 1179 21 TV RADIO Mrs Lambert Remembers Love, r I 10.30pm, SBC 5 Lfl battles K[F f to custody H\ orphaned nine-year-old v p grandson. Shrugging off a men- RLV** \^C" tally-disabling runs ■< jV off with later up fc" ,Jm hospital. Loyal friend Walter BLjdH Matthau the day y H NBA
      1,179 words

  • INNOVATION & TECHNOLOGY
    • 847 22  -  Helen Chang on Eutech Cybernetics, which has an average of one invention every three months Helen Chang IF anyone told Dr Hari Gunasingham that innovation came falling from a tree, he would probably tell that person to go climb it. "You don't have to
      847 words
    • 303 22 ACMA subsidiary Lityan Systems is importing a user-friendly video recording device which it claims is a fool-proof method of recording your favourite programmes. The device, launched on Monday, is designed to work with codes for particular programmes. These codes will soon be listed in the media's
      303 words
    • IN TAKES
      • 44 22 AP TORONTO Scientists have discovered new structures in the brain, which could help drug companies develop more specialised pain killers. The discovery was announced last Sunday at the annual meeting of the Canadian College on Problems of Drug Dependence. AP
        AP  -  44 words
      • 59 22 Reuter BOSTON Tests of nearly 200 children with asthma have uncovered strong evidence that second-hand smoke causes or worsens the condition, a study in the New England Journal of Medicine reported. According to the study, children exposed to the highest levels of second-hand smoke seemed
        Reuter  -  59 words
      • 50 22 Reuter NEW YORK Owens-Corning Corporation last Tuesday introduced an insulation product that not onlv insulates attics but is also easy on the skin. The product, Pinkplus, is aimed at homeowners who have avoided installing fibre glass insulation ud to now because of skin complaints. Reuter
        Reuter  -  50 words
  • Page 22 Advertisements
    • 114 22 MITSUBISHI. ~-"v. < ry\ -€P ■MMhhmamMMmmMBHHM Being lirsi is what tliis tdr is about. No other in I Ik* 2 litre* class graces you with kick-thumping 24 valve, fuel-injected \V> performance. It is the only car that loils this power with computer-aided lu//y logic to give you vice-like traction control
      114 words

  • THE LAW PAGE
    • 1531 23  -  Dennis Ong pinpoints two cases exposing the limitations of a retrenched workers rights Dennis Ong The writer is a senior lecturer at the School of Accountancy and Business. Hanyang Technological University AN employee's right to retrenchment benefits in Singapore may either arise under contract,
      1,531 words
    • 216 23  -  By Ramesh Divyanathan IT'S not easy getting a place in a law school these days, with the government trying to curb the supply of lawyers. But for those still keen on gaining legal knowledge, there are courses a plenty. At the high brow end, Nan-
      216 words
    • 313 23 AT THE BAR A GROUP of about 15 Singapore lawyers will visit Vietnam on a trade mission in November for the second time. The Trade Development Board, which is leading the mission, said the trip would give lawyers a better understanding of
      313 words
  • Page 23 Advertisements
    • 183 23 The Building, The Land or Both? *Tmi "hit "T lll*iHl. JSS& For Sale Central Square, Sydney, Australia Under Instructions from Sydney City Council The Building Central Square is a 27 level commercial office building with a total lettable area of approximately 26,785m 2 The building has panoramic views from the
      183 words
    • 71 23 YOUR CHANCE TO WIN EXCITING TRIPS AND OTHER FABULOUS PRIZES i n FUZE: r MtiWl tr *p or two to To win, pick up an issue of BuiificMMMfeek beautiful Gold Coast, magazine from 7 June to 30 August 1993. Australia Entry forms are in the 7 June to 30 August
      71 words

  • 466 24 EDITORIAL NORTH KOREA'S Stalinist leaders continue to send conflicting signals about their nuclear intentions. On Friday, after three months of brinkmanship, Pyongyang announced it was reversing its decision to withdraw from the Nuclear Non-Prolilcration Treaty (NPT). Lest this be interpreted as a major climbdown.
    466 words
  • WHAT THE OTHERS SAY
    • 193 24 DESPITE the successful elections in Cambodia recently, there are doubts about the ability of its quarrelsome leaders to bring lasting peace to their troubled land. But the danger that Cambodia may lapse again into civil war and partition seems to be receding. In an important development
      193 words
    • 134 24 FINALLY, Prince Norodom Sihanouk has been installed as the new executive president of an independent Cambodia. However, there are still formidable challenges. The second largest party, the Cambodia People's Party, does not recognise the results of the country's first free election and has alleged vote rigging. Cambodia
      134 words
    • 161 24 IT IS important for us to consider how those who use English as a first language and Chinese as a second language will adjust to the changes brought about by the emergence of East Asia as an economic centre. If Singapore's main competitors were from the West,
      161 words
    • 181 24 A GROUP of dispirited conservationists in Europe last week wrote a document entitled Apology to Future Generations and prepared to seal it in a time capsule. It was a dramatic attempt to remind us that we do not own the planet; we are only borrowing it. Our
      181 words
    • 232 24 THREE days after she led her fellow workers mostly women in a strike to demand a wage increase, Marsinah, 23, went missing. The next day. May 8, her body was found in a hut in the middle of a padi field near Nganjuk, East Java, 200
      232 words
    • 181 24 EVEN the most ardent free marketeers feel ambivalent about squaring the profit motive with the vocation of healing the sick. But as governments become more encumbered by ever-rising health costs, the encroachment of market values into the provision of healthcare becomes less avoidable. Set against the average
      181 words
  • 1026 24  -  Tokyo's internationalisation process is a meaningless exercise, says Chalmers Johnson Chalmers Johnson The writer, author o/Miti and the Japanese Miracle, is Rohr Professor of Pacific International Relations at the University of California, San Diego. He contributed this comment to the IHT. THE characteristic
    1,026 words
  • Page 24 Advertisements
    • 347 24 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 DANIEL2A ENTERPRISES PTE. LTD. (In Members' Voluntary Liquidation) MEMBERS VOLUNTARY WINDING UP At an Eitraordinary General Meeting of the members ol the abovenamed Compa ny duty convened
      347 words
    • 388 24 IN THE MATTER OF THE COMPAMES ACT. CAP. SO AND IN THE MATTER OF EOUESTRtENE INVESTMENT PTE LTD (In Members' Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 4 Gul Street 1 Jurong Singapore 2262
      388 words
    • 430 24 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF TRESEDER INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) MEMBERS VOLUNTARY WINDING-UP At an Extraordinary General Meet**} ot the members ol the abovenamed Company duly convened and held at 4 Gul Street 1 Ju'onq Singapore 2262 on
      430 words
    • 323 24 IN THE M ATTER OE PANJIM PTE I.TD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP Al an Extraordinary General Meeting of the members of the above-named Company duly convened and held at 17 Phillip Street #05-02. Grand Building. Singapore 0104 on the 14 day of June 1993 the Special Resolutions set
      323 words
  • Page 24 Miscellaneous
    • 93 24 MF\N'S GCflTf\ DO (wneßeJs MV HF\T I uMp%r p\ J v ofe VGOnpy DO. V C. o<£, PRvOGS Wave, B€£>J Pwr HV I 1 I TP-*<-'vJG» P> UTTUc. TcO c associatco *€ws»a>>i*s lto, mi-tm 8944 DOONESBURY GARRY TRUDEAU "33 flO, PO YOU THEY BETTER Op JOSH, CANCEL r£)> BUT.-BUT IHEH
      93 words

  • ANALYSIS
    • 1575 25  -  Philip Bowring on how events in China affect the economy of Hongkong Philip Bowring The writer, a former editor of Far Eastern Economic Review, contributed this article to BT. JUST how does China affect the economy in Hongkong? Until recently, most people have assumed that
      1,575 words
    • 542 25  -  Andrew Adonis and Nikki Tait analyse the marriage of British Telecom and MCI Andrew Adonis,Nikki Tait FT BRITISH Telecom has been courting MCI for nearly three years, so news that they are walking down the aisle does not come out of the
      FT  -  542 words
  • Page 25 Advertisements
    • 187 25 BUSINESS T 1 M E S TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 ■PMim COOP INTERNATIONAL PTE. LTD. H MANAGING DIRECTOR I Coop International Pte Ltd is involved in the trading and merchandising of branded time pieces, writing instruments and fashion goods. We have offices in Singapore. Malaysia. Hong Kong
      187 words

  • 487 26  -  World Conference on Human Rights By Chuang Peck Ming SINGAPORE Promote humane behaviour but don't claim special truths or seek to impose one political system on others. Foreign Affairs Minister Wong Kan Seng told the World Conference on Human Rights in Vienna yesterday.
    487 words
  • 387 26 AP VIENNA Individuals must put the state's rights before their own, China defiantly told the World Human Rights Conference. Outside in the rain, the Dalai Lama disagreed. "There are no absolute individual rights and freedom, except those prescribed by and within the framework of
    AP  -  387 words
  • 178 26 AFP BANGKOK Men who visit brothels in Thailand could face jail terms of up to 10 years under proposals aimed at curbing the extensive sex industry and preventing the spread of Aids, officials said yesterday. The new proposals include maximum prison
    AFP  -  178 words
  • 456 26 Reuter TOKYO Japanese Prime Minister Kiichi Miyazawa threw caution and compromise aside yesterday, announcing he would put to parliament a controversial ruling party reform plan that stands no chance of passing. It is seen as a desperate throw which could trigger snap
    Reuter  -  456 words
  • 266 26 AP PARIS Back from a showdown with President Bill Clinton. Premier Edouard Balladur won a standing ovation yesterday in Parliament by reaffirming France's rejection of a trans-Atlantic draft agreement on farm subsidies. Even some Socialists joined members of the conservative majority in applauding Mr
    AP  -  266 words
  • 897 26  -  The Bottom Line NIRMAL GHOSH NIRMAL GHOSH /'he writer is a BT journalist. WHAT everyone dreaded has finally happened: the situation in Somalia has turned ugly, escalating into a shooting match which is alienating Somalis from the UN and jeopardising the
    897 words
  • 212 26 Bernama BEIJING China has agreed to attend a regional security dialogue with Asean countries together with the grouping's seven dialogue partners in Singapore next month. Foreign Minister Abdullah Ahmad Badawi told Malaysian newsmen here that Beijing's agreement to attend the Aseaninitiated dialogue
    Bernama  -  212 words
  • 312 26  -  From Maggie Ford in JAKARTA INDONESIA'S Minister of Manpower has come under fire over conditions in factories he owns. Workers at a garment factory run by the minister. Abdul Latief, have complained to MPs about wages, alleged lack of union rights, low transport
    312 words
  • Page 26 Advertisements
    • 57 26 THK ASI AN WALL STREET JOURNAL. CALL *****55 TODAY YOU'VE NEVER HAD IT SO GOOD! i Windsurfing, water-skiing, snorkelling, kayak, pedalo, tennis, archery, glass bottomed boat ride, kids' mini club, shopping K I i (Squash, golf casino, if available at your choice of hotel) T~T~ Hurry I OntyVatid for Nitty,
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    • 75 26 THE ASIAN WALL STREET JOI'RNAL. CALL 223 6855 TODAN DOES $1 FOR A JUG OF BEER MAKE U WITH EVERY 3 JUGS YOU BUY AT THE REGULAR PRICE, THE 4TH IS YOURS fOR ONLY $1 MAKE RIVERBANK YOUR HABIT YOU RE CRAZY NOT TO! RIVERBANK... A GOOD VIEW A GREAT
      75 words

  • Shipping Times
    • 328 27  -  By Rahita Elias SINGAPORE Malaysian International Shipping Corporation will start accepting cargo to and from South Africa next month. From July 1, it will accept shipments under a slot charter deal with another carrier. MISC will buy space from the
      328 words
    • 272 27 SINGAPORE Members of the tanker industry will meet in London in September to discuss operational, regulatory and strategic issues. From Sep 27 to 29, tanker owners, charterers, bankers and brokers from around the world will gather for a convention organised by Seatrade and
      272 words
    • 507 27 New committee set up to promote local awareness The Nation BANGKOK A new committee of the Thai International Freight Forwarders Association (Tiffa) is to develop the potential of the Thai shipping business, especially freight forwarding. Tiffa is concerned with raising the standards of Thai freight
      The Nation  -  507 words
    • 773 27 Page Col ABC Containerize 12 1 Accord Grqup 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
      773 words
    • 481 27 AFP ABOARD THE BAHTERA BAYU, Strait of Malacca A joint maritime patrol exercise between Malaysia and Indonesia has made the Strait of Malacca safer from shipping accidents and piracy, maritime officials said yesterday. The officials have been on patrol in the narrow
      AFP  -  481 words
    • 232 27 Knight-Ridder BUENOS AIRES Argentina on Tuesday unveiled a new plan to sell its unprofitable state shipping line to private investors, something it twice failed to do last year. Economy Ministry officials said. Under the new scheme, Empresa Lineas Maritimas del Estado (Elma)
      Knight-Ridder  -  232 words
    • SHIPS IN PORT
      • 519 28 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure JunXtg Port Cokma FeOOl POI alongside 16 06 1500 Baiyunshan 97 98 18 9 alongside 1706,1800 Elona SC264C 16 06* P01A alongsi* 1606/1900 Ems Dragon B 2 93 J3 1706,2300 Equate la* 80 3f P03
        519 words
      • 1532 28 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 AtaAan 0193 18/0900 1 16/1500 16 1659 16/1900 2 16/1700 17/0659 17/0900 3 17/0700 17/1159 17/1400 4 17/1200 17/1459 17/1700 Ac»
        1,532 words
    • 11902 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. lifiß® PN: ship calls at Pcnang after
      11,902 words
    • 3379 41 Asia-North America Eastbound Rata Agreement (Far East/North America, excludes Japan): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line. Trans-Pacific Westbound Rate Agreement (North America/Far East): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon
      3,379 words
    • 269 41 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air txpreu Tinsel Td: 533-5771. Fax: 535-4144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. Airswifl Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Cilx-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Td:
      269 words
    • 1471 41 Abex I x press Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fa*: *****42. Activair Singapore Td: 542-7821 Fax: *****20 Aeralink Freight International Td: 545-8033. Fax: *****05 \enrspeed Td: 542-5911. Fax: *****18. Air C argo Novo Express Td: 542-5454 Fax: *****06. Air Express International Td: 542-7666 Fax:
      1,471 words
    • 1676 42 ALBUM Duress: Eight vessels in port of which 7 discharging as follows: 1 aid cargo, 1 rice, 1 bulk wine, 1 gasoil, 1 bulk coal, 1 bagged flour, 1 general cargo, 1 vessel waiting to load ferro chrome. ANGOLA Luanda: City and port operating normally and traffic levels,
      1,676 words
    • 1610 42 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP THERE has been a certain amount of activity reported this week surrounding Shell. They are said to have sold their two sistership capesize bulkers Tricula/Tribulus 127,000 dwt and built 1981 to clients of Frangos in Greece. Whilst
      The information was contributed by Simpson Spence & Young; AFP  -  1,610 words
    • 565 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETC) T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK SI A SQ827 B747F 1730 2 CPH/DXB SI A SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I
      565 words
    • 323 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No JME 17 17 Continental World 1400 2000 Sin-Jakarta Lauw Sons Travel 227-8284 17 17 Frontier Spirit 0700 2400 Sin-Indonesia N.Y.K. Agencies (S) 290-8718 20 20 Andaman Princess 0900 1900 Sin-Pulau Tioman
      323 words
    • 425 43 THE BALTIC Freight Index for spot dry cargo shipping rates fell to 1,539 on June 15 from 1,547. FIXTURES Tanker: Coastal has been linked with a 1971-built VLCC for its cargo from Kharg Island to Aruba, brokers said. But they were swift to point out that the age
      425 words
    • 356 43 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
      356 words
    • 767 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      767 words
    • 1042 44  -  Diana Faber on how multimodal transport companies can reduce their exposure to claims for loss and damage Diana Faber Lloyd's List THE City of Amsterdam is about to invest in a new multimodal transport centre which will link a deepsea wharf with
      Lloyd's List  -  1,042 words
    • AIR AND LAND TRANSPORT NEWS
      • 291 46 Paris Air Show AP PARIS Four European transport ministers said on Tuesday that a 1992 agreement between the European Community and the US should serve as the basis for new multilateral trade rules for commercial jets. The position by officials from
        AP  -  291 words
      • 63 46 Reuter SYDNEY New Zealand artist Jeff Thomson, who made his international reputation with works from corrugated iron, seen here on Tuesday with one of his best-known, a Holden Kings wood station wagon. He built his car from the remains of a burnt-out hotel and plans
        Reuter  -  63 words
      • LOG BOOK
        • 107 46 Knight-Ridder LONDON Tankers and combined tonnage laid up or idle for at least six weeks to June 11 totalled 39 vessels of about five million deadweight tonnes, down from 43 vessels of about 5.362 million dwt two weeks ago. The 29,250-dwt Independencia II owned by Corpoven,
          Knight-Ridder  -  107 words
        • 65 46 Reuter SYDNEY Domestic carrier Ansett yesterday said it had applied to the government to operate an Australia-Korea air service. Ansett had applied to the government's International Air Services Commission to operate an initial four flights between Sydney, Brisbane and Seoul from April 1994.
          Reuter  -  65 words
        • 55 46 Reuter NEW YORK Anangel-American Shipholdings Ltd said it signed a contract for construction of a bulk carrier vessel to be built by Hyundai Heavy Industries, part of Hyundai Group. The company said it had "available existing resources" for the contract, but did not
          Reuter  -  55 words
        • 54 46 Reuter NEW YORK Transportacion Maritima Mexicana a Mexican maritime shipping company, said Grupo Servia will buy additional series A shares from the company at a total cost of US$5 million (SsB million). The company said Grupo Servia presently owns about 50 per cent of its
          Reuter  -  54 words
        • 80 46 Bloomberg Business News LONDON Bergesen said net profit for the first four months of 1993 increased 122 per cent, reflecting a one-time gain on the sale of shares in shipbuilder Kvaerner. The Norwegian crude oil shipping company said in a statement it earned 180 million
          Bloomberg Business News  -  80 words
        • 71 46 AP PARIS Rockwell International Inc said on Monday that its Collins Commercial Avionics subsidiary has formed a strategic alliance with Deutsche Aerospace AG (Dasa) of Germany. The two companies will focus on multi-mode weather radar, satellite navigation and landing systems and systems integration. Initially, the
          AP  -  71 words
      • 407 46 AFP LE BOURGET, France The Franco-American CFM International aero engine manufacturer has sold 250 engines to China, which offers one of the main opportunities of the future, the consortium said here on Tuesday. Meanwhile, French Defence Minister Francois Leotard said France was pushing
        AFP  -  407 words
      • 286 46 UPI SEATTLE Boeing Co said on Tuesday that International Lease Finance Corp plans to order five new aircraft valued at about US$45O million (***** million) at 1993 prices. Boeing said firm contracts are in place for the purchase of two of the airplanes,
        UPI  -  286 words
      • 1620 46 oty nm no ggt no_ a& nm no nm etp lag Pkaki GA893 1335 ftigjg SQ969 1645 SQ990 0110 Malaido SQ227 2230 Canam SRI S3 2105 Amman RJ183 2335 Haadyai MI895 2300 TG408 0910 Amsterdam KL831 0935 SQ324 2230 I 1 M>896 1®20 SQ323 1725 KLB32
        1,620 words
      • 382 46 AFP SYDNEY Australian domestic carrier Ansett Airlines was yesterday awarded the bulk of capacity into Japan's new Kansai airport, dealing another blow to flag carrier Qantas. The International Air Services Commission (lASC) said it had awarded two thirds of the Australian
        AFP  -  382 words
  • Page 27 Advertisements
    • 24 27 adin 9 Lubricant Logistics operators need to look into legal issues, Pg 18 EC: Base new jet trade rules on 1992 deal, Back Pg
      24 words
    • 26 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore jE&fl National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      26 words
    • 38 27 the FAMOUS bWA/pne&k EE3M3 224 1833 For more information please refer to Pg. 13 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE 0 rri Business Times *fOOV4M
      38 words

  • Page 28 Advertisements
    • 1597 28 I M ywM bww. awm .www ■mm w»i w~ j umu i■ ■llji■.j I Ml i .1 1.1 1.1, 11 M|l J yj| r M t Tfl W J TSKUNE AGENCIES (S) PTE. LTD. /mmA r| 1 |7 |TkTri i □P 5 A •3«J\« I Jl\r IHHHHHBlHiiiUiiiiiiilSß YJfcrrr-7 Tlx: RS
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  • Page 29 Advertisements
    • 2402 29 mmmm OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. TEL: *****13 FAX: *****42 PETALING JAVA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****64 FAX: *****09 PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 >POH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL:
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    • 2001 29 NEXT SAILING TO HONG KONG/TAIWAN/JAPAN/KOREA/PHILIPPINES/ CHINA ALVA MAERSK W. 9308 ETA SIN 21ST JUNE 93 MAREN MAERSK V.9306 ETA SIN 22ND JUNE 93 ANUERS MAERSK V.93W ETA SIN 23R0 JUNE 93 Voy ETA I ETO Feeder Oy SLW T rort DESTINATIONS TIM Met MAREN MAERSK 9306 7»3WfWM^Ig»aWT—IL■ lIU.IIP— 1 22/
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  • Page 30 Advertisements
    • 1646 30 AQABA RDAM/I UE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) STON H BURG A WERP HAVRE 9 MALAYSIA HOECHST EXPRESS 09/323 19/6 29/6 5/7 7/7 10/7 12/7 14/7 p<xt K elang. Penanq TOKIO EXPRESS 11/124 23/6 10/7 13/7 11/7 Pasir Gudang DANUBE 06/324 26/6 5/7 11/7 14/7
      1,646 words
    • 553 30 FCL Break bulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aR services C.I.S.* Vostochny, Vladivostok. Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia t Hungary CSFR Poland ocTSTrans AGENaES (FAR EAST) LTD NOUAKCHOTT-B ANJUL-BISSAU-LUANDA-B AT A Feeder Vessel ETA SIN
      553 words
    • 1115 30 I raWMIM E.MWM MUM REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALQ BCL* VAL* LHA HAM BRE# ROT ANT# FEL NORASIA SUSAN 9323-3 24/06 17/07 23/07 24/07 20/07 21/07 22/07 23/07 25/07 24/07 NORASIA SINGA 9324-3 01/07 24/07 31/07 01/08 28/07 29/07 30/07 31/07 02/08 01/08 NORASIA SHARIAH V 9325
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  • Page 31 Advertisements
    • 2107 31 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 iaßßhr (A seRVK* Of CHINA NAVIQATION CO) accepts KEr*' CARGO DUE SUS STRAITS VENTIME Vl«€ Mura. lab 17-15 Ami 20 tan 20 hn FCL, LCI CONTAWCR AND BMCAKBULK URVtCI TO PAPUA NEW
      2,107 words
    • 2505 31 i SINGAPORE AGENT: iJXifl PAO Containers (Singapore Agencies) Pte Ltd m X 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPOBT VOV 'WW 'KO MM ALG SOU ANT HOT NAM M OOT VESSEL
      2,505 words
    • 83 31 MWBINTAN6 MAS SHIPPING PTE. LTD. KMj 39 NEIL ROAD SINGAPORE 0208 TEL: *****88 TLX: R*****5 SINMER FAX: *****64 ACCEPTS PORTS Of CARGO STORE DCSTMATXM BKTANC SERIA VIIE WT 17 JUN Bntulu Mri. KBcteß MERCURY PEAU VI IE 17-11 JUN 18-19 JUN Muara. labuan NfTANG BEL AIT VI3E 11-20 JUN 21-21
      83 words

  • Page 32 Advertisements
    • 776 32 I INDONESIANATIONAniN^^^ FTO EUROPE 5 fgXfiAg&& s«wicg i; i. :x- < 1 ysi I VOT smT| mxn mm htutc! aKwul wTwt«f j SHI WtIATA 37W8 26 30 6 I 31/7 5/8 10 1 13/1 I KUTM I V2BNB K/I 2VB 2»/« TO AUSTRALIA EAST COAST ROOTS Wl VOY PKI STOUt
      776 words
    • 981 32 HANJIN SHIPPING NORWAY FINLAND SWEDEN PORTUGAL SPAIN IRISH REPUBLIC ALL EUROPEAN INLANDS EVERY MONDAY PLEASE CONTACT FOLLOWINGS FOR ENQUIRIES BOOKINGS. JOE LIM DID *****22 PGR *****50 CHIU HAI BENG DID *****27 PGR *****49 LOYSIUS LIM DID *****32 PGR *****06 AHSIYAH DID *****36 NEVINE CHUAH DID *****33 ALAN TAY DID *****21
      981 words
    • 1499 32 tfSVHVi d I rl I tt l G Wfi W ITO IU CMS (Ml NYC LW MM MM NT Kt KD CH HI SGP I I r ?2I! i*'* *1 3/ n/t 2t,i nii 1/7 in w v? it/7 nn xi nn io/» u/» wt 13/1 hi m/» jo 7/9
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  • Page 33 Advertisements
    • 2050 33 y II 'HUMBER BRIDGE 29W'— ETA SINGAPORE 19/06/93 II II II ETA RDM 05/07/93, FLX 06/07/93, BRE 08/07/93, l| LEH 10/07/93 II PKC MQTrfER I' Lflfl I AAK I VAU I '3ET I PLBI fK I BTL Hflt' I'XTL I MPH I kIVK 1 PERKABA 888 18/06 12-06 C. PKGABUB
      2,050 words
    • 1206 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BAIT ORIENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****33 BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHIPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO: **********0/N
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  • Page 34 Advertisements
    • 1575 34 K4I v V** AS AGENTS: KAWASAKI SINGAPORE (FT!) LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I T MALAYSIA: K" LINE MARITIME (MALAYSIA) SON BHD m TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA. P.T. SARANA LAUTINTERNUSA. TEL: JKT *****08 mmm kawasaki
      1,575 words
    • 651 34 PHI LI-OWE NT LINES PTE LTD V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION gyg AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 JUN SYDNEY. MELBOURNE. BRISBANE, FREMANTLE 20 JUN AUCKLAND. WELLINGTON, LYTTLETON, NEW PLYMOUTH.
      651 words
    • 436 34 1 GOLDEN LINE^V KG&Sv GUAN GUAN SHAPING TSXA (PTE) LTD a T«M Apr Street SKGAPOK 01M TO. 5343*1 (II UNES) Fu *****04 (CD He **********0*) BTRAITB/PEKSLAM GULF6EKTICE S pore P Keianj Penang GOUOI KM Karachi Dub* 20 30 la eau» HMMST Karachi Onto 0/10 Mr CHINA IMTICT GO.DEN MONO China
      436 words

  • Page 35 Advertisements
    • 973 35 (PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I I mt HV CR NO **********0E I VESSEL VOY SIN CMB JIB JED AOJ AOE MOO PZU HAI XIONG HXOOI 19/6 25/6 2/7 7/7 1/7 5/7 8/7 KOTA WIRAWAN WRNO27 30/6 5/7 11/7 14/7
      973 words
    • 1262 35 VESSEIS DOT Vl* EEEPIR STOW HMWIIt ROTTERDAM ANTWERP THAMES U HARVE mm MHUWI 7120W not 10/07 11/07 H/07 20/07 22/01 VK.ll W SOWS >1»W 27/00 23/07 25/07 20/07 27/07 21/07 Will PI VENUS »2»W 03/07 30/07 01/01 02/00 03/00 05/00 rot W1 722*11 11/07 00/00 00/00 M/ 00 10/00 12/00
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    • 423 35 M MYANMA ifflßk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen P.Gdg LOKAW »1M In Port PAGAN Vl9B# Ski In Pt WA-AR VI9?W 30/02 M MALAYSIA AGENTS BOUSUAO SWPMG AGENCCS Ml TEL 03-*****00 PKL. TEL 03 3(8(7(7 PEN m 04-61(135 PGD: TEL 07 *****1/4 NIGERIAN
      423 words


  • Page 37 Advertisements
    • 55 37 VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 OCEANIA PORTS REGULAR GROUP AGE _^|||||||[^HBL LCL consolidation AUCKLAND SYDNEY import export MMM FREMANTLE SERVICES W FOR BOOKING 8t 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:
      55 words

  • Page 38 Advertisements
    • 2521 38 Full Container Liner Services Malaysia's Agents: Indonesia 's Agents: General Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chi*o Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pie Ltd Skipping Freight Booking Centre Sdn BM 51 Peruana Ra,a Modi Nw Lot 3.34, in Floor, M. IK. H.
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  • Page 39 Advertisements
    • 612 39 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 21/06 ROTTERDAM 19/06 AARHUS/COPENHAGEN 21/06 HAMBURG/BREMEN 21/06 MARSEILLE/FRANCE 24/06 FELIXSTOWE/UK 21/06 BARCELONA/SPAIN 24/06 LEHAVRE/FRANCE 20/06 GENOA/ITALY 20/06 ANTWERP/BELGIUM 21/06 LOS ANGELES/WC IPI 23/06 SYDNEY/MELBOURNE 21/06 NEW YORK/EC 23/06 FREMANTLE/ADELAIDE 21/06 VANCOUVER
      612 words
    • 708 39 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) PtS ETHIOPIAN SHIPPING LINES (National Lines ot Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE ANDINET 31 we 2V07 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 33W8 21 06
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    • 589 39 r.^__ JAKARTA BANGKOK vtssa vot sm it [vraa vot mnbimok mmmbm RAM BHUM i2S 11/6 22/6 MRU BHUM 79N fti 10/6 Won 21/6 SUA BHUM 7S 19/6 2376 IffTHA BHUM 01N Fri l«/ 6 Mon 21/6 THANH BHUM S§ Fl7« iv 6 OMCOR StWTOSA JON Fn 10/6 Tu. 22/6 MANIA
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    • 380 39 pi DONGNAMA LINE coifi AiwpwgD whticc »i ha» i »/w.w/wiwmi *ssa ("Si rm rw mc bsh HONGKONEGLORT V3OCN 24/4 21/S v 23/* 4/7 7/7 MMON V3O7K 24/4 24/4 34/4 1/7 11/7 14/7 TU.JOAS Y3O7H 4/7 «/7 1/7 11/7 21/7 IMLAYSM CURT *307* 11/7 U/7 14/7 15/7 25/7 21/7 WOUND THI
      380 words

  • Page 40 Advertisements
    • 1514 40 ijiiLAaMNCON^ SI2K=/VVI Agents: MAC-NELS SPORE: *****22 (24 LINES) *l"l W \JZ_Jc/R No: **********0 C PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 J P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 T HKG/TWN/BKK GOTH/UKC/MED PORTS L_—■— PEN PKL SIN EVERY TUE/THUR/SAT PEN PK SIN 17/6 18/6 19/6 Hon|
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    • 190 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD Hi n» tr« STOW rail KCIMK KNA* am twx »J% 23/« Losing toi Matt MUVU HUDMU 30 6 loading toe Calcutta OOIMH 17/6 SM.ED Loading For MM POf£* sum* 24 6 Loading For Mil* UMMIESH 25 6 loading For MM fTOCMSS UKirt
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    • 906 40 THONG SOON UNES PTE. LTD.] 78 SHENTON WAY #10-01, SINGAPORE 0207 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO VESSEL VOT S POKE PEST VESSEL wT~ S PORE PEST EQUATOR 111 91/3E 21 JUN KUCHING EQUATOR ROYAL 78/3E 19 JUN SIBU EQUATOR JADE
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  • Page 42 Advertisements
    • 43 42 Miccofl tho lotoct YouTI find tt parked in the Vehicles Section IVIIooCII 1116 Idlvwl of the Classified, every day this week. COE quota premiums Just make a few turns and zoom inl liniloto9 Ifseasy. Ifsconvenient. Ifs vV| UpUCllwi Classified at your service. |cats.|
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  • Page 43 Advertisements
    • 61 43 —i f Tfie Etecukve Housekeeper -this O \m, I I wants is me. Bub I'll never neglect I -this House, bajgy J jj I" \\Vra any job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO
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    • 17 43 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Eveiyday. m Business Times
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  • Page 43 Miscellaneous
    • 715 43 TODAY'S TIDES in metres) HOW 0000 0100 0200 0300 0400 0500 OtOO 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2101 2200 2301 ft 1.1 1.4 1.1 09 0.1 0J 1.1 1.4 1.7 1.9 2.0 2.0 1J 1.5 U 1.1 1.1 1.2 1.6 2.0
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  • Page 44 Advertisements
    • 640 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIQWR PACIFIC 2MJB H/M/93 26/06/93 renSfSe E uofo** VIGOUR PACIFIC 20ANB 21/06/93 26/06/93 VIGOUR SINGAPORE 56N8 25/06/93 03/07/93 VIGOUR SINGAPORE 56ANB 28/06/93 03/07/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG MARINA MAS 9383N 17 06 93
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    • 361 44 iSyyg FREIGHT MANAGEMENT^ GENERAL: *****11 BOOKING: *****55 AUSTRALIA Sydney, Melbourne 28/6 Brisbane 28/6 Fremantle 30/6 Adelaide 21/6 4 EES FREIGHT SERVICES PTE LTD v #01-60 Wallich Building, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 AIRPORT OFFICE: *****11 *****13 (FAX) HONGKONG VSL NORASIA SHARJAH ETD 19 JUNE BOOKINGS: SHIRLEY/SITI/AMIDAH WORLDGATE
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    • 405 44 WOOD LINE SOUTHERN AFRICA SERVICE SPORE PL DSN CT A VESSEL ***** 25/8 12/7 H/7 27/7 •AISO CALLS LI. AND PI. PK SEAFIX SHIPPING SON BHO TEL *7 5525TLX. ***** KJC.: CAPRICORN FREIGHT SERVICES TEL >H 202 TLX OUB BJ SECIL MARITIMA, U.E.E. "t* Luanda, Angola. FAR EAST/ ANGOLA SERVICE
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  • Page 45 Advertisements
    • 1002 45 A HYUNDAI I MERCHANT MARINE GO. LTD. WESTBOUND TO EUROPE VESSELS VOY I PWA I PKE I PGD I VESSELS VOY S* RTM ANT* LEH* HAM Butt PEL HMM ADVANCE 20A 15/06 16/06 17/06 SL FREEDOM 305KV 21/06 09/07 09/07 10/07 11/07 11/07 13/07 NOR ASIA MALACCA 9322 A 22/06
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    • 480 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VtSStl NT H *K U UISMR 1? SID SIO Ml SID COSMC PNKU M PT 11 1 mm *u* ii rr SMtl 21 2S/I MKMT IK 2 24/1 25 C MA 21 I COSMC CUILiKII 21 N/« 21 I
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    • 954 45 [VESSEL I VOY SIN ETA/Pl LAX OAK HOU 1 DAL I CH/COL 1 MEM NOR NYC ALLIGATOR VICTORY 0045* 24-25/06 11/07 13/07 13/07 13/07 13/07 14/07 15/07 15/07 HENtY HUDSON BRCGE 0067 A 01-02/07 U/07 20/07 20/07 20/07 20/07 21/07 23/07 23/07 ALLIGATOR TRIUMPH 0047 A OS 09/07 25/07 27/07
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  • Page 46 Advertisements
    • 4 46 Tomorrow in Business Times
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    • 219 46 Tomorrow in Business Times EEEEnggQEEiEiII FROM THE MERCHANT MARINE OF THE REPUBLIC OF GUINEA The National Authority of the REPUBLIC OF GUINEA'S MERCHANT MARINE 9 (Direction Nationalc de la marine Marchande de la Rcpublique de Guinee) is pleased to inform the maritime Associations, the Shipowners and their Agents, the Shippers
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