The Business Times, 22 June 1993

Total Pages: 46
1 46 The Business Times
  • 13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Tuesday June 22 1993 75*
    13 words
  • 2am LATEST
    • 70 1 Reuter WASHINGTON The Clinton administration is committed to funding more civilian research and development as a way to improve the economy. Laura Tyson, chair of the President's Council of Economic Advisers, says: "Today, only 41 per cent of our federal research and development dollars
      Reuter  -  70 words
    • 69 1 Reuter COPENHAGEN European Community leaders have agreed that former communist countries in eastern Europe could one day join the EC and ofTered a package of trade concessions and political ties to prepare them for membership. "We have agreement on a perspective for membership... a package
      Reuter  -  69 words
  • Article, Illustration
    106 1 Stock market indices Monday Change STII 1819.49 -4.71 K.LSE Composite Closed Nikkei 19,212.43 -592.11 Hang Sen« 7.003.58 -197.17 SET Index M7.95 -0.89 Jakarta Composite ...Closed Ausl All Ord 1.726.6 -3.S FTSE 100 2,903.4 +24 Monday Prttiow I lam dose Dow Jones 3.502.52 3,494.7 7 Exchange rates USS s$
    106 words
  • 706 1  -  By Anna Teo SINGAPORE Singapore remains by far the most competitive newly-industrialised economy (NIE), topping in all but one of eight areas surveyed in the latest World Competitiveness Report. Among the developed nations, Japan maintains a slippery if undisputed hold on
    706 words
  • 90 1 SINGAPORE S Dhanabalan, Singapore's Trade Industry Minister, is among 13 government or corporate personalities from around the world who contributed their views in this year's World Competitiveness Report. Writing on the government's role in shaping the country's competitiveness, Mr Dhanabalan says
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  • 476 1 Reuter BEIJING China's supcrchargcd industrial growth has pushed prices sharply higher and tightened economic bottlenecks across the country in a dangerous sign of overheating. The State Statistical Bureau's report for May, released yesterday, shows that the economy is struggling with "overfast growth of investment, over-expanded
    Reuter  -  476 words
  • 331 1  -  From Jaime Ee in LONDON YES, she's beautiful. Yes, she's charming. Yes, she's the Singapore Girl, but no, you may not ask her for an extra croissant with your breakfast. The trademark of national carrier Singapore Airlines the doe-eyed beauty in her
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  • 411 1  -  Reports from S N Vasuki in TOKYO JAPAN'S financial markets, jittery over the recent bout of political instability, experienced another round of tremors yesterday. The Tokyo stock market's benchmark Nikkei Average plunged 591 points to close at 19,252.41 while the
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  • 418 1 JAPANESE management guru Kenichi Ohmae believes that choosing the right candidates for the country's July 18 general election should be as easy as selecting a bond issue. This Thursday, after three months of rigorous screening, Mr Ohmae's influential political reform group
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  • Page 1 Advertisements
    • 160 1 (with Panorama and Quartz date) Photographic System 4 Nikon Camera Centra Super Photo #03-26 Orchard Point Tat: ******1 *****16 CONTENTS STporeNews 2 S-pw'ir'sL". 9.10,11 Regional News 3.4.6 Fnancial 12,13 World News 8 Ftabm NUriwts AnJysn 25 Oob/RLSt. StS 17.18 Eittorol 24 Regional 15 Sports 19 WorU It TV/lrfestifte 21 Currencies
      160 words
    • 8 1 Property: Pg 23 New phase in CDL's growth
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    • 10 1 Hock Lock Siew: Pg 9 Smart investors will sit tight
      10 words
    • 28 1 The Bottom Line.yßtk Pjg" J 1993 iyj Russia's reform pb&va naked fwiye A hard look at the soft assets, Pg 25 Beijing lifts taxes on farmers, Pg 4
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 345 2  -  By Teh Hooi Ling AFTER a sharp pick-up in March, the catering trade index nosedived in April, shrinking by 5.6 per cent in volume terms compared to March. On a year-on-year comparison. the index stayed flat at 101.7, latest Department of Statistics figures show. Business amounted
        Source: Dept of Statistics  -  345 words
    • 372 2  -  Investment pacts will be signed with Weifang officials this week By A J Leow FIFTEEN local companies will sign investment agreements worth about US$5B million (5594.5 million) this week with officials from the Chinese coastal city of Weifang in Shandong. The
      372 words
    • 416 2  -  By Helen Chang US OIL-INDUSTRY service company Western Geophysical is likely to retrench about 130 workers when it shifts its Asian regional headquarters from Singapore to Perth by August. The company is moving to the Australian city partly
      416 words
    • 244 2  -  By R Sivanithy THE Singapore government has done "an excellent job" in ensuring that Malays here arc fairly treated, contrary to what some groups had alleged, said a senior Umno Youth leader yesterday. Mohamcd Nazri Abdul Aziz, Umno Youth's deputy leader and
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    • NEWS ROUNDUP
      • 134 2 A GERMAN developmental ageney is lying up with Singapore chambers and associations to provide developmental assistance in the region. The ZDH-TA Partnership Project helps upgrade business groups in Nepal. Bangladesh, Vietnam. Indonesia and the Philippines. The aid which includes technical, consultancy and training assistance is
        134 words
      • 82 2 THE National University of Singapore yesterday announced the appointment of Ridzwan bin Haji Dzafir as its Pro-Chan-cellor. Mr Ridzwan is currently Director-General (Special Duties) of the Trade Development Board and is also Singapore's ambassador to Argentina. Brazil. Chile and Panama. He is also the chairman of the
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      • 60 2 THE Parks and Recreation Department has awarded the tender for a mobile refreshment kiosk at Empress Place to Allswell Trading Pte Ltd. The kiosk, to be parked at a designated car park lot at Empress Place, will sell refreshment and food to the public,
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  • Page 2 Advertisements
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    • 81 2 Where is die best place to sell a home? THE STRAITS TIMES CLASSIFIED! Are you making a move to sell your single-storey terrace? A double-storey semidetached? A maisonette? An apartment? An ad in The Straits Times Classified puts you in touch with over 500,000 potential buyers who will respond quickly.
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  • THE REGION
    • 455 3 Reuter HANOI The United States, which operates an economic embargo against Hanoi, may not block Vietnam's joining the world trade body Gatt if other states want it to join. Gatt chief Arthur Dunkel said this at a news conference yesterday at
      Reuter  -  455 words
    • 374 3  -  Ranariddh given similar honours Reports by Harish Mehta SINGAPORE Prime Minister Hun Sen has been made a five-star general, the highest military rank in Cambodia, in a move that gives the winners and losers of last month's election an equal role in
      374 words
    • 173 3 SINGAPORE Rebel Prince Norodom Chakrapong. who was persuaded last week to abandon plans to form a breakaway autonomous zone, has been made a four-star general by his father Prince Norodom Sihanouk, signalling his instant political rehabilitation. A Phnom Penh source told BT that Prince Sihanouk had
      173 words
    • 410 3 NST. Bernama JOHOR BARU Former Malaysian deputy prime minister Musa Hitam is to contest an Umno vice-president's post. The party's Johor Baru division chief, Shahrir Abdul Samad, said yesterday that Mr Musa agreed to go for the third slot in a meeting with supporters
      NST.; Bernama  -  410 words
    • 140 3 Bernama KUALA LUMPUR MCA vice-president Woon See Chin yesterday filed nomination papers to challenge president Ling Liong Sik in party elections this weekend, and set the stage for a grudge contest that confirms all is not well in the Chinese-based party. Mr Woon,
      Bernama  -  140 words
    • 424 4 Directive comes after two recent cases of rural unrest Reuter BLIJINCi Chinese authorities. worried about seething discontent among the nation's 800 million rural dwellers, has ordered that unreasonable tax burdens on farmers be lifted. The order comes after at least two
      Reuter  -  424 words
    • 318 4 Reuter BEIJING China announced a US$3O billion (5548.3 billion) shopping list for major technology imports in what Beijing hopes will be a boost for its drive to gain entry into the General Agreement on Tariffs and Trade (Gatt). Liu Shanzai, vice-minister of
      Reuter  -  318 words
    • 199 4 Reuter HONGKONG A Shanghai delegation has signed agreements and letters of intent for 22 projects worth US$2.B billion (555.4 billion), says Vang Zhihua. executive vice-chair-man of the Foreign Investment Commission of Shanghai Municipality. Hang Lung Development Co Ltd signed a property joint venture
      Reuter  -  199 words
    • 428 4 Reuter TAIPEI A parliamentary vote on Taiwan's fourth nuclear power plant was rescheduled yesterday after deputies came to blows and about 500 antinuclear protesters demonstrated outside the legislature. The legislative Yuan, in a chaotic session, initially voted to proceed with building the US$6.5
      Reuter  -  428 words
    • ASIA NOTES
      • 67 4 AFP TAIPEI Taiwan's top economic think tank has proposed stronger protection for intellectual property rights, including tough laws and a specialised enforcement unit. An economic official said yesterday the cabinet was scheduled to review on Friday a draft submitted by the Council for Economic Planning
        AFP  -  67 words
      • 70 4 Reuter TOKYO The Japanese economy will head for recovery after this summer. Ministry of International Trade and Industry ViceMinister Yuji Tanahashi said. Asked whether the current political confusion was affecting the government's attempts to stimulate the economy, Mr Tanahashi told a press conference: "The outlook
        Reuter  -  70 words
      • 87 4 AFP KUALA LUMPUR Asia-Pacific's aim to have full literacy and corresponding development by 2000 can be realised if the region's girls start attending schools of all level, according to a UN official. Frederico Mayor, director-general of the United Nations Educational. Scientific and Cultural Organisation,
        AFP  -  87 words
      • 55 4 AP MANILA Security guards clashed yesterday with strikers at a chicken-processing plant in a town south of Manila, and at least three workers suffered gunshot wounds, said Ferdinand Guevara, president of the union of casual employees at the plant. The plant in Cabuyao town is owned
        AP  -  55 words
    • 153 4 AFP TAIPEI Beijing authorities are to switch their focus to liberal members of Taiwan's ruling Kuomintang (KMT) party headed by President Lee Tenghui from the conservatives grouped round former premier Hau Pei-tsun. a local newspaper reported here yesterday. In a re-evaluation of the
      AFP  -  153 words
    • 328 4 Reuter. AP TAIPEI Taiwan forecast growth will slow to 6.2 per cent in 1994 from an estimated 6.3 per cent this year because of continued weakness in the global economy, officials said yesterday. A spokesman for the Directorate General of Budget, Accounting and Statistics
      Reuter.; AP  -  328 words
    • 524 6  -  From Anthony Rowley in TOKYO DEPARTING from his prepared speech at the Japan Bankers Federation annual convention in Tokyo yesterday. Japanese Finance Minister Yoshiro Hayashi blasted members of his own party and called for the restoration of Confucian values in government and
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    • 502 6 AFP NEW DELHI Indian Prime Minister PV Narasimha Rao said yesterday that charges he received a pay-off from a stockbroker will not stick, and described the allegations as an opposition plot to dislodge him. The 71-year-old prime minister. speaking on his second anniversary
      AFP  -  502 words
    • 170 6 Bloomberg Business News, AFP NEW DELHI India's annual ised inflation rate dropped to a four-year low of 5.78 per cent in the week ended June 5. The previous low of 5.8 per cent was seen in the first week of July
      Bloomberg Business News,; AFP  -  170 words
    • 378 6  -  By Schutz Lee SINGAPORE New Zealand's central bank governor believes the inflation targets for the country would not be raised even if there's a change of government in November. Both the opposition Labour Party and the ruling National Party recognise
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    • 323 6 Reuter CANBERRA South-east Asian buyers have moved strongly ahead of Japan as the major foreign investors in Australia's depressed property market, property analysts said. Japanese investors, badly hurt by the appreciation of the yen. were being forced into property sales by
      Reuter  -  323 words
  • Page 3 Advertisements
    • 57 3 BANK OF COMMUNICATIONS U5570,000,000 Floating Rate Notes due 1997 In accordance with the terms and conditions of the Notes, the rate of interest applicable for the interest period June 18, 1993 to December 20. 1993 is 4.0875% per annum. Interest payable on December 20. 1993 per Note of USS2SO,(X)O will
      57 words
    • 29 3 a if.'" '*5f,. J "Ifc I 2 y' r Ui fc l J3BE||2p* C" S--WARNING EXCESSIVE CONSUMPTION MAY LEAD TO RAPID HEARTBEAT, FLUSHED CHEEKS AND HEIGHTENED SENSE Of WELL-BEING.
      29 words

  • Page 4 Advertisements
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  • REGIONAL FOCUS
    • 931 7  -  Keating's visit to China From Brian Gomez in SYDNEY AUSTRALIAN Prime Minister Paul Keating's meeting this week with Chinese Premier Li Peng will signify a symbolic healing of the diplomatic breach created by the Tiananmen Square killings four years ago.
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  • Page 7 Advertisements
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      78 words
    • 325 7 To explain how Club World is changing we'd like to take you on a 13 V2-hour flignt. Have you got 2 minutes? Your flight announcement prises Strr-retcl^your makeyourwaythroughthetightlypacked r r l you out of the sofa and into...that arms and Dreeeeee««b t o., airport. People.Noise.More people.You're justpreparingyourselftodothepassport old "mchair of
      325 words

  • THE WORLD
    • WORLD WATCH
      • 81 8 Reuter PARIS France's industrial production shrank for the second consecutive month in April and output in the recession-hit economy was 5.2 per cent lower than a year earlier, the National Statistics Office said yesterday. Seasonally adjusted figures showed that output fell by 0.6 per cent
        Reuter  -  81 words
      • 62 8 Reuter MADRID Two car bombs exploded in central Madrid at the height of yesterday's morning rush hour, killing seven people, including five soldiers, and injuring a dozen other civilians, a police spokesman said. Police said the attacks bore the hallmarks of the Basque separatist
        Reuter  -  62 words
      • 82 8 Reuter JOHANNESBURG The black radical Pan Africanist Congress (PACT said yesterday that it wanted to remain in South Africa's multi-party democracy talks. But it said it would suspend its armed struggle, as demanded by the government, only if certain conditions were met.
        Reuter  -  82 words
      • 65 8 Reuter EMMEN. Holland One-year-old Bo Gyi wrapping his trunk around his keeper as he was fed a bottle of milk on Sunday. The baby elephant is getting daily aeupuneture treatment to try to put him back on his feet after he broke a leg
        Reuter  -  65 words
      • 51 8 UPI JERUSALEM Israeli prosecutors plan to charge Interior Minister Aryeh Deri with misappropriating funds, abuse of power, bribery and fraud in a case that could once again endanger Prime Minister Yitzhak Rabin's fragile coalition, according to officials. Mr Deri is head of the ultra-orthodox Shas Partv.
        UPI  -  51 words
      • 73 8 Reuter LONDON Hopes of a recovery in the depressed United Kingdom housing market were dealt a blow by a survey showing mortgage arrears were rising. A record 800.150 homeowners, or one in 12. are behind with their mortgages despite cuts in interest rates, according
        Reuter  -  73 words
    • 497 8 Eight-point proposal includes cutting labour taxes, spending more on R&D Reuter. AFP COPENHAGEN European Commission president Jacques Delors yesteday presented European Community leaders with an eight-point plan to boost their shrinking economics and attack the root causes of mounting unemployment. But
      Reuter.; AFP  -  497 words
    • 456 8 Reuter ATLANTA. Georgia Organised labour will support the proposed North American Free Trade Agreement if the Clinton administration negotiates strong side pacts with Mexico and Canada on labour and the environment, a key union leader says.
      Reuter  -  456 words
    • 269 8 Reuter PARIS French Labour Minister Michel Giraud presented to Parliament yesterday an emergency plan to fight unemployment. addressing a main worry among voters and a source of division among the ruling Conservatives. The plan, expected to sail swiftly through the National Assembly despite
      Reuter  -  269 words
    • 204 8 Reuter KIEV President Leonid Kravchuk yesterday rescinded a decree placing himself at the head of the Ukrainian government. a measure which had set him at odds with his prime minister. A new decree issued by Mr Kravchuk. said the country's leadership had
      Reuter  -  204 words
    • 293 8 Reuter NEW YORK Economies may be struggling in many parts of the world, but the wealthy managed to increase their ranks in the past year, according to Forbes magazine, which released its 1993 list of billionaires on Sunday In its July 5 issue. Forbes
      Reuter  -  293 words
  • Page 8 Advertisements
    • 68 8 35 properties ranging from USs3m to USs2om to be sold in individual lots Retail ft Florida ft Arizona ft Texas ft Louisiana Residential ft California ft Florida ft Texas ft Arizona Office ft New York ft Illinois ft Atlanta ft Dallas Hospitality, R&D Industrial, Resort sites. International Tender Closing on
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    • 419 8 NEW CENTER NOW OPEN IN IPOH SVENSON HAIR CENTER Established in London since 1960, Svenson Hair Centers today operate in many of the Indications world's major cities and have brought new hope to literally thousands of people with hair seekpm^i^aia^ problems. In Singapore. Svenson has been operating for more than
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  • COMPANIES & MARKETS
    • 560 9  -  From William Chia in KUALA LUMPUR THE new Securities Commission and the Kuala Lumpur Stock Exchange are investigating certain speculative counters to determine the causes of sharp swings in their share prices and trading volumes. KLSE general manager Mohd Salleh Abdul Majid, who spoke
      560 words
    • 307 9  -  From Sylvia Wong in KUALA LUMPUR THE Kuala Lumpur Stock Exchange hopes that recent publicity over the Malaysian stock market will attract more people to its capital market exposition starting today. KLSE general manager Mohd Salleh Abdul Majid said the expo which
      307 words
    • 374 9  -  By Quak Hiang Whai SINGAPORE Goldtron's directors have rejected their executive chairman Ong Soon Kilt's takeover offer. In a circular released yesterday, they said the offer was not fair and reasonable and should be rejected. The directors were advised by OCBC Bank. Mr Ong, who
      374 words
    • 825 9  -  HOCK LOCK SiEW By Agnes Chen SINGAPORE Word has gone round that several broking houses are calling a sell on the Singapore market, and some investors are apparently listening. As the index weakens, those who scare easily
      Source: Bridge Info  -  825 words
    • 331 9  -  By Quak Hiang Whai SINGAPORE Kiasu-ism appeared to have backfired on some investors as Kcppcl Bank, trading on a "whenissued" basis, fell below its strike price yesterday. The banking arm of Keppel Corporation closed at $3.36 on its debut after opening at 53.52
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    • 406 9 SINGAPORE Bousteadco Singapore, which shed its asset base considerably in its last financial year, will focus on three key areas for future growth. It will rebuild its marketing and distribution business, boost its technical services division, and embark on a new "competence
      406 words
    • Article, Illustration
      314 9 Source: Bridge Info Performance of STII's Index stocks Jun2i Last Scmc Index Slock sale Chac factor novrrt Avimo 2 280 1.75 0.00 CAC 7 100 0 050 5.46 -10.42 Ccrebot 5 300 -0050 4.07 10 42 FAN ***** -0100 9.14 20.83 GF Asia 2 960 2.27 0.00 GcnMa* 1250
      Source: Bridge Info  -  314 words
    • COMPANIES
      • 533 10 Sunday Morning Post HONGKONG Garment manufacturer Giordano Holdings is to test its products on a Western consumer market for the first time when it opens its first store in Australia later this year. Hongkong's largest clothing retailer has been eyeing the Australian market for some time,
        Sunday Morning Post  -  533 words
      • 273 10  -  From Al Labita in MANILA A LISTED oil exploration firm has become the first Philippine company to openly ban stockbrokers from seeking slots on its board. Reason: to stamp out insider trading in the stock market. In a statement released yesterday
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      • 394 10 BANGKOK Song Watcharasriroj, the controversial stock market investor who is also known as Sia Song, is back. Brokers said he helped to propel the exchange on Friday and brought life back to many market speculators. The Nation reported over the weekend.
        394 words
      • 527 10 Bloomberg Business News WASHINGTON Brilliance China Automotive Holdings Ltd is examining several strategies to curb an erosion of profits caused by the declining value of the Chinese currency. The strategies could include hedging techniques, which many Western companies use to protect overseas
        Bloomberg Business News  -  527 words
      • 237 10 SINGAPORE Listed marine engineers Van der Horst, which recently announced a rights issue aimed at raising $34 million, will use the money to move into two new core businesses the building of power plants and the provision of on-site
        237 words
      • COMPANY BRIEFS
        • 91 10 Reuter TOKYO Toyota Motor Corp will buy 8.26 per cent of Astra International PT of Indonesia, a Toyota spokesman said. Toyota will buy the 20 million shares today from Oykel Ltd, a Hongkongbased holding company owned by Astra's president Theotore Permadi Rachmat. for about
          Reuter  -  91 words
        • 84 10 Reuter HONGKONG Chase Manhattan Bank NA'S offer of 388 million shares in its Hongkong credit card business, Manhattan Card Co Ltd, was oversubscribed about 40 times, a Chase official said. The offer at HKSI.B7 per share to raise HKS6BS million (SS 143.8 million) after expenses
          Reuter  -  84 words
        • 78 10 Knight-Ridder HONGKONG Dairy Farm Co Ltd has formed a joint venture with a Shanghai company to develop a chain of supermarkets in the eastern port city. The company said yesterday initial investment in the project with the Shanghai Textile Industrial Bureau, its first such
          Knight-Ridder  -  78 words
        • 92 10 Bloomberg Business News HONGKONG Hongkong jewellery maker Rhine Holdings is expected to sell 80 million shares in an initial public offer due to open this week, according to securities house Vickers Ballas Hongkong. The shares are expected to be priced at HK$l each. The
          Bloomberg Business News  -  92 words
        • 75 10 Reuter MANILA Philippine fast-food chain Jollibee Foods Corp has made its first attempt to tap the equities market, offering an initial 75 million shares to the public at nine pesos a share. According to brokers, over-the-counter trade has begun with the shares selling at around
          Reuter  -  75 words
      • 574 11 Reuter TOKYO Japan's blue-chip firms, from NEC to Honda and Shiseido. are throwing off their usual caution and rushing to invest in China, which promises growth unmatched in any other market, officials and economists said yesterday. Contracted Japanese investment in
        Reuter  -  574 words
      • 439 11 Steel performance, weaker Aussie dollar cited as reasons for improved results Knight Ridder SYDNEY Equity analysts are expecting Broken Hill Proprietary Company Ltd, the mammoth Australian resource and energy concern, to post a net profit of around Asl billion (SSl.l billion) for fiscal 1992-93,
        Knight Ridder  -  439 words
      • 230 11 Reuter TAIPEI Taiwan's Cheng An group plans to invest up to US$l9O million (*****.8 million) to develop tourist facilities in southern China in what would be the largest Taiwanese project on the mainland. company officials said yesterday. Vice-president Wang Poming said the
        Reuter  -  230 words
      • 662 11  -  MARKET WATCH By S N Vasuki SEOUL Foreign investors who beat a path to the booming Seoul bourse early this year have been handsomely rewarded. The benchmark Korea Composite Stock Price Index has advanced from 670.56 early this year to yesterday's closing
        662 words
    • FINANCE
      • 361 12  -  By Loh Hui Yin SINGAPORE State-owned Krung Thai Bank of Thailand wants one of the two Singapore banking licences up for grabs for Thai banks. Krung Thai Bank president Sirin Nimmanahaeminda said he has indicated the bank's interest to the Monetary Authority of
        361 words
      • 177 12 Reuter CANBERRA Australian Treasurer John Dawkins attacked banks' resistance to a new industry code of practice he proposed last week. "The banks seem to be labouring under the misapprehension that their customers are all universally happy," Mr Dawkins said in a radio interview
        Reuter  -  177 words
      • 168 12 Reuter LONDON Lloyds of London says premium income and rates have continued to move strongly upward in its market and the increases are expected to continue over the next three months. The forecast is contained in the Lloyds quarterly trends survey conducted
        Reuter  -  168 words
      • 221 12 Knight-Ridder TOKYO Most of Japan's 11 leading commercial banks cut interest rates on their mainstay time deposits yesterday as the government deregulated interest rates on time deposits in line with ongoing financial liberalisation, a Kyodo newswire report said. Simple interest rates announced
        Knight-Ridder  -  221 words
      • 139 12 AP BEIJING An investment company in southern China's Guangdong province plans to float at least US$lOO million (SSI6I million) in bonds in Singapore later this year as part of the province's efforts to keep the economy booming. The China daily yesterday quoted
        AP  -  139 words
      • SMALL CHANGE
        • 73 12 SINGAPORE Thailand's Karat Sanitarvware Co yesterday borrowed USS26.B million (5543.7 million) from a syndicate of banks to finance the construction of its fifth plant in Saraburi province. The term loan was arranged and underwritten by Citicorp Investment Bank (Singapore) Ltd. Lead managers of the
          73 words
        • 59 12 AFP PERTH A truck hauls a steel version of the Trojan Horse through the city yesterday to denounce the bank which took possession of the self-declared sovereign state of Malborough. The owners of the property, who owed US$3.3 million (555.4 million). declared themselves independent from Australia before
          AFP  -  59 words
        • 80 12 SINGAPORE The Hongkong and Shanghai Banking Corp Ltd formally opened its branch in Tianjin last Friday. In a statement, Hongkong Bank said the branch in Tianjin. a major port in north China, has been upgraded from a representative office following Chinese government approval and would
          80 words
      • 477 13 Bloomberg Business News TORONTO Royal Bank of Canada said last Friday it reached a definitive agreement to buy most of the assets of Royal Trustco Ltd for Csl.6 billion (Ss2 billion). Royal Bank said it expected to complete the purchase,
        Bloomberg Business News  -  477 words
      • 284 13 Reuter FAIRFIELD, Connecticut Reform of the Russian banking system is crucial to back up measures aimed at political and economic change, top US and Russian officials say. Speaking to about 250 Russian bankers here to study the US banking system. New York Federal Reserve president
        Reuter  -  284 words
      • 286 13 Knight-Ridder NEW DELHI India's Minerals and Metals Trading Corp, which previously held a monopoly on non-ferrous metal imports into India, has seen its market share sharply reduced due to import deregulation, according to traders here. The MMTC, a state-owned trading body, is now fighting
        Knight-Ridder  -  286 words
      • 366 13 ENERGY REPORT Reuter LONDON Opec president Jean Ping of Gabon said oil prices since Opcc's June 10 Geneva meeting were not satisfactory but he was watching the market and Opec would take some action if they fall far below currcnt
        Reuter  -  366 words
      • 143 13 THE dollar opened sharply higher yesterday morning at levels established in the North American market last Friday, as important technical levels were broken amidst euphoric bullish sentiment. The US dollar opened at 1.6255 against the Singapore dollar, up from Friday's 1.6190 close. Short-covering and fresh
        143 words
      • 177 13 Reuter LONDON The dollar hit back with a vengeance in the foreign exchange markets yesterday, ending months of battering to savage both the yen and mark. Analysts said turmoil on the Japanese political scene had convinced investors it was time to bail out of the yen. "This is a
        Reuter  -  177 words
      • 79 13 AFP NEW YORK The dollar rose against other major currencies in New York yesterday, boosted by the political crisis in Japan. Gold slipped back to U*****.50 an ounce from U*****.00 at Friday's close. The dollar was trading at 1.6930 German marks, up from 1.6810, and at 111.50 yen
        AFP  -  79 words
      • Article, Illustration
        1613 13 Irad?-xtifhint index cakttkued axainsi S'pmr 'y hp 14 iradint pann*r\ Ban- yrar IW< US$/S$ forward rates Noon June 21 ss Bid Offer 1-month ***** 1.6324 2-month 1.6310 1 6325 3-month 1.6310 1 6330 6-month 1.6310 1.6330 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m on J mm It: Singapore
        1,613 words
    • COMMODITIES & FUTURES
      • 1516 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended slightly steady versus their late Friday closes on the IMM. as dealers stayed sidelined awaiting cues for interest rate direction in the US. dealers said. I he benchmark September contract ended unchanged at 96.50. their previous close
        Reuter  -  1,516 words
      • 608 14 COMMODITY REPORTS Rubber Singapore: Rubber futures were easier at the end of the afternoon session with exchange for physicals in KSS 3 providing the bulk of activity. "There is not much going on except for some EFP (exchange for physicals) in RSS 3," a senior
        608 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 91 14 TOKYO Chinese rapeseed prices to Japan have fallen in the past couple of weeks, hut traders said the lower offers have not yet attracted fresh buying. They said crusher needs for summer have just about been filled with heavy purchases of European Community rapeseed. Inconsistent
          91 words
        • 59 14 MANILA The Philippine West Linapacan consortium has sold 1.57 million barrels of light, sweet crude since the beginning of the calendar year, consortium manager Alcorn Production Philippines Inc said. The West Linapacan crude was sold at an a\cragc U5517.24 per barrel to Japan's Nissho
          59 words
        • 100 14 TOKYO Indonesian crude premiums contin- ued to weaken, market participants said, but those for Abu Dhabi crude were strong. Traders said one Minas crude cargo traded late last week at a premium of 40 US cents per barrel over the official price for July, down from
          100 words
        • 88 14 TOKYO London Metal Exchange 3-month aluminium prices may see further support this week after rallying sharply late Friday, but dealers say the move is mainly driven by speculation and unlikely to be sustained. LME 3-month aluminium was bid at US$ 1.204 a tonne at Friday's
          88 words
      • 1691 14 Rubber June 21 IMS Commodity Exchange (tut ■rn clot il«g as at lp«) HAS (physical prices) RSS 1 Contract (S cents/kg) 1. .1 4 Buyers Sotlors Close Volume Open As at 12 noon to centvKg; Month High Low Sett (ton net) Interest RSS 2 July 93 128 25
        1,691 words
    • REGIONAL STOCK MARKETS
      • 1095 15 -3.8 Shares closed lower as stocks in Tokyo plunged in response to Japan's political crisis. "Most people are very worried about Japan and how it will affect overseas markets," said Mike Williams, of Barclays Australia Investment Services. The All Ordinaries Index closed 3.8 points lower at 1,726.6 and some
        1,095 words
      • 537 15 -3.95 Share prices closed lower in dull trading as the market continued to consolidate and investors focused on new company issues, brokers said. "The market is still consolidating and the people are waiting for the new issues." said Joseph Roxas of R Coyiuto Securities. Local fastfood chain Jollibee Foods
        537 words
      • 599 15 -40.53 Share prices finished lower across the board as sharp falls in the Tokyo and Hongkong markets dampened already weak sentiment, brokers said. The Weighted Index opened lower and ended 40.53 points down at 4,074.37. Turnover was a thin TS 13.89 billion. Brokers said selling was not very heavy
        599 words
      • 511 15 +5.86 Stocks ended firmer in moderate trading in what brokers described as a technical rebound with buying interest centred on low price-earnings ratio (PER) counters, financials and vehicle shares. They forecast the market would maintain the strength in early trade today, but may face profit-taking later. "Investors appear to
        511 words
      • 239 15 +2.59 The New Zealand share market ended flat after trading a narrow range on very thin volume in which foreign interest appeared to be minimal. Foreigner investors, who have been driving the market, have been put off by uncertainty and weakness in major markets, brokers said. Even the
        239 words
      • 67 15 +44.9 Stock prices rose on demand from foreign financial institutions looking to add more Indian shares to their portfolios after recent price declines, analysts said. Bombay gained 44.90 points to 2395.93 after hitting a high of 2404 and the National Index rose 14.28 points to 1098.62. Delhi rose 3.53
        67 words
    • WORLD STOCK MARKETS
      • 787 15 +24 Shares started a new account on an upbeat note and the FTSE 100 index closed above the psychologically important 2,900 level for the first time since March 19. The FTSE 100 Index climbed 24 points to 2.903.4 in trading volume of 566 million shares as investors took heart
        787 words
      • 176 15 18.88 Stocks closed higher, after cuts in official French interest rates and news that the rise in Germany's M 3 money supply in May was broadly in line with expectations, traders said. The CAC 40 index of blue chip French stocks closed up 18.88 at 1929.17, close to the
        176 words
      • 154 15 -0.43 Shares were easier but managed to pull themselves oft" earlier lows by the close, helped by gains on European bourses late in the day. a fall in debt market yields and a strong dollar. A fall in US and Japanese shares, however, prevented the Stockholm bourse from recovering
        154 words
      • 201 15 +2.92 Shares ended just off their highs after recovering nearly 15 points in the course of the session in partly techni- cal, partly currency-related trading. The 30-share DAX index closed 2.92 points higher at 1689.82. Dealers said market to some extent supported by strong dollar, but at the same
        201 words
      • 126 15 -0.43 pc A renewed fall for Ferruzzi and Montedison dragged blue chips down as worries persist about the extent of the group's off-balance sheet debt. The MIB All-Share Index closed 0.43 per cent lower at 1,161, underlying trend down 0.9 per cent. Dealers said overall volume on the bourse
        126 words
      • 284 15 +5.82 Shares closed firmer, helped by a stronger dollar, firmer bonds and lower swap rates. Dealers said blue-chips made up initial small losses on good buying support at lower levels, extending last week's bullish trend. They said the good support that has always appeared recently on market setbacks was
        284 words
      • 262 15 +3.21 A late rush to higher ground helped Dutch shares close sharply ahead after a session dominated by dollar and Wall Street bullishness. The EOE Index closed up 3.21 points or 1.02 per cent at 319.13 after clocking gains of about 0.75 per cent for most of the session.
        262 words
      • 342 15 +3 Local gold shares were given an upward shove in mostly slow yesterday trade as continued declines in the rand against the dollar heightened prospects of a strong second quarter performance by South African gold mines, dealers said. They said the rand's slump to another new low versus the
        342 words
      • 260 15 -8.93 Stocks opened slightly weaker yesterday but trade was very quiet and few shares were very active, dealers said. "It's very, very quiet. I guess you got durable goods numbers in the states coming out and people will be looking for that," one trader said. The TSE 300 Composite
        260 words
      • 659 15 +7.75 The Dow Jones Industrial Average, which plunged 27.12 points on Friday, was ahead 7.75 points to 3502.52 yesterday at I lam. Among the broad gauges, the New York Stock Exchange Composite Index was ahead 0.70 to 245.64, while Standard Poors 500-stock index was up 1.40 to 445.08.
        659 words
      • 168 15 -0.54 Shares closed marginally lower yesterday, but dealers predicted an upturn after Belgium cut its key central rate by 10 basis points to 6.90 per cent just as the market closed. "We expect a stronger opening on the back of the interest rate cut, the firmer dollar and because
        168 words
      • 565 15 Vienna Jan 21 AkH MM I«» 10 Bank M' < mitUMii 7 40 2 iunghuiwl I4M5 Lrn/inf MM> 14 Lolim 213 I SOCT-OP I»4 I Mrjhj, 1440 24 VMnH 2J4 J niwfttf| M95 +10 Source: Bank Austria Nasdaq Jim 18 IS$ Adolph Cuoc* Brr*inf l» 875 unch Apple I ompoicr
        565 words
    • Article, Illustration
      3203 16 Bloomberg Business News STOCK PRICES plunged on concerns about China's economy stemming from rampant inflation and the recent weakness of the yuan, brokers said. The Hang Seng index of top shares ended down 197.17 points, or 2.74 per cent, at 7003.58 on light turnover of HK53.97 billion. It is
      Bloomberg Business News; Source: Bridge Info  -  3,203 words
    • Article, Illustration
      515 16 THE Shanghai and Shenzhen A share markets were down yesterday. Trading was not suspended despite rumours that the government would halt legal persons' shares trading in Beijing last week. The CLSA Shanghai B share index was down 3 per cent on light trading. Rubber Belt resumed trading following its
      515 words
    • Article, Illustration
      2560 16 Reuter STOCKS PLUNGED in nervous trade as political uncertainty hit sentiment, with the Nikkei average falling 592.11 points or 2.99 per cent to 19.212.43. Dealers and investors sold off and some loss-cut selling linked to margin trading kicked in while buying remained limited, brokers said. An estimated 340 million
      Reuter; Source: Bridge Info  -  2,560 words
    • Article, Illustration
      1845 16 Reuter HEAVY profit-taking on small hanks and other small issues in the afternoon cut morning gains but buying on major building-material and property firms balanced losses, brokers said. The SET Index ended 0.89 points lower at 887.95 on active turnover of 9.50 billion baht. There were 172 declines against
      Reuter; Source: Bridge Info  -  1,845 words
    • 2555 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Peg] Msia 11.397.000 Lien Hoc 10.623.000 Bouslcad 50c 6,478 000 FACB 50c S.778.000 Promct J.776,000 Idris Hvd 50c 4.331.000 Kcnong Bhd 50c 4.137.000 Johan Hide 50c 3.520.000 Bcrjaya Group 2.060.000 Ind Oxygen 50c 2.029.000 AMDB SOc 1.963.000 MBf Capital
      Source: Bridge Info  -  2,555 words
    • 973 17 Payment Ex Books Fay date close date Acma F 7.5 Jun 10 Jun 22 Jul S Amcol 25* F 20 Jul 13 Jul 19 Aug 16 Apollo F 2.5 Jun 21 Jun 25 Jul 15 B Raya F 3 May 25 Jun 9 Jul 8 B Sembawang F
      973 words
    • 471 17 UNIT TRUSTS FUNDS dii /vsun vir iu.iz L£GBD jur 18 prices Trustee funds under CPf t—fcMh Sdwne dutn( days Fratey and Saturtton only fe yesterday s price e> s<* nkcatme price, de*«| pnees dtteimned at B* end o( eacfc day MwHiri' petal iun 22 blSirailCe FMd ii_s» Incomc Bond Pokey
      471 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1099 18  -  By Teh Hooi Ling MOVING in tandem with the regional markets, the Straits Times Industrials Index (STI1) retreated 6.71 points to close at 1819.49 yesterday in what dealers described as a "quiet" day. The broader-based BT-MGA Index also drifted 0.96 point lower to 798.74. Only
        Source: Bridge Info  -  1,099 words
      • Article, Illustration
        77 18  -  Quak Hiang Whai LIEN Hoe remains a highly speculative stock. Technically, the stock is overbought by all counts, having run up from cents early this month to yesterday's high of Si.Bo. Both daily stochastic and RSI have almost reached 100 while the two weekly indicators have gone past
        SOURCE: BRIDGE INFO  -  77 words
      • 6298 18 MAIN BOARD Gr Gr 19*2/93 Last Vol Day Last Qwrtr Dfr Dh)y Vt M C ap High Loo Conpaay Sale (TOO) High Lo» B*>rr Seller S CV S P I Smil INDUSTRIAL AND COMMERCIAL 770 260 Acma 725 xd -5 45 725 715 720 725 12.5 2.1 1.7 31 4
        6,298 words
  • Page 9 Advertisements
    • 103 9 •4* jr *wl .'W BI B€ L j If I ff*' f j I Chronograph. Staie-of-the-art, high- fit precision automatic self-winding movement. 36*000 vibrations per ip hour. Three-piece case. Date register. j I 7 Three independent dials record the seconds, minutes and hours. Tachometer measures speed per hour. Non-glare scratch-resistant
      103 words

  • Page 10 Advertisements
    • 696 10 MANAGEMENT CENTRE 01 Longman Professional SEMINARS FOR COMPANIES IN SEARCH OF EXCELLENCE E This workshop provides practical techniques for managing the functions found within the Technical Sen/ice Department It permits the development of efficient and effective technical services that offer heightened customer service. Each session is packed with related case
      696 words
    • 95 10 Vk An intelligent 25-storey office tower to be augmented later with two 8-storey industrial blocks. With all the amenities and facilities that only a state-of-the-art complex can have. And nestled in a favourable location that offers easy accessibility to enhance business communications. For more details on how your business can
      95 words
    • 40 10 The Dividends and Unit Trusts tables are on Page 17 HEALTH BEAUTY TIPS Call for a healthier lifestyle! Call 24 hours a day for hot topics close to your heart anything from head to toe. Cost: 30 cents per minute
      40 words

  • Page 11 Advertisements
    • 441 11 Ml i j• i Windows creates MultiSync makes the potential for true vision. the most of the view. More and more people are getting more Windows 3.1 supports object linking and certainly available. Consider how Multisync came into being, monitors gives you a dearer, larger and revolution. and more out
      441 words



  • Page 14 Advertisements
    • 232 14 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. n 8.V.1 n ISLE OF MAN n BAHAMAS O JERSEY BELIZE D LIBERIA 3 COOK ISLANDS CJ MADEIRA n
      232 words
    • 41 14 The Malaysian markets were closed yesterday 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. CJLT.S. 1737-*****
      41 words

  • Page 15 Advertisements
    • 91 15 ML✓ 0* j ALAIN DELON jSgV jf JKESP timeless perfection DIVER ft 1 (r.P) \JL/ c ,wi«»s mnrte. srr.itrh Turnable bezel v resistant snpplurf crystal Luminous t»<fMfS>Sri|p6? -frih A.D TIME GROUP i 7{W fjp»rfe«iSe O.jV M'lVi All stainless step case fr. -T Smj 3p«re|Hnd Ottice) A 0 TIMF INTERNATIONAL PTE
      91 words

  • Page 16 Advertisements
    • 198 16 Saving on laser printing costs is easy with Laser Care Toner Cartridges they're 40% cheaper with no loss in quality! That's because of our OHM* process, plus the fact that we deal direct with our customers. You'll also achieve up to 5,000 copies per cartridge, versus the normal 4,000, thanks
      198 words

  • Page 17 Advertisements
    • 62 17 YOU'VE GOT THE WHOLE Olid ATMS WOHdwid©* •The KL Stock Exchange was closed yesterday for a public holiday. SHU STRAIGHT i IjfgP H TALK P j .TV. iTTTTj You shouldn't have to read between the lines (J ii i 1111 f to get the full picture, ■j Companies Markets. rp
      62 words

  • Page 18 Advertisements
    • 141 18 Saving on laser printing costs is easy with Laser Care Toner Cartridges they're 40% cheaper with no loss in quality! That's because of our OEM* process, plus the fact that we deal direct with our customers. You'll also achieve up to 5,000 copies per cartridge, versus the normal 4,000, thanks
      141 words

  • SPORTS
    • 902 19 Guir US Open NYT SPRINGFIELD, New Jersey On a tense, suffocating day when it seemed no one could summon great golf, Lee Janzcn saved his absolute best for last to win the 93rd US Open at the Baltusrol Golf Club. Just when the 28-year-old
      NYT; Reuter  -  902 words
    • 866 19  -  Dave Anderson looks at the performance of Lee Janzen that made him an Open champion Dave Anderson NYT SPRINGFIELD, New Jersey As they approached the 16th green at Baltusrol on Sunday, Payne Stewart, his ball on the putting surface about 40 feet from the cup, looked over
      NYT  -  866 words
    • 958 19 NBA Finals NYT PHOENIX The Chicago Bulls have done it again, fend again, and again. And by Winning their third consecutive championship in dramatic fashion, they have established a place for themselves in basketball history. With John Paxson making a game-winning
      NYT; Renter  -  958 words
    • SPORT SHORTS
      • Article, Illustration
        73 19 AFP WASHINGTON American I A-ayut' Sundav: New York X Minnesota o:Detroit 7 Milwaukee 3: Baltimore 6 Cleveland 3: Toronto 3 Boston 2 (in 12): Oakland 4 Kan%as Cit> I: Chicago 11 California 6; Seattle 13 Texas 2. National: Atlanta 5 Montreal I: Philadelphia 4 Florida 3: Los Angeles 6
        AFP  -  73 words
      • Article, Illustration
        93 19 AP I.C)NIX)N Australia bowled England for 365 in its second innings yesterday to win the second cricket Test by an innings and 62 at Eord's. The result gave Australia a 2-0 lead in the six-match series. England resumed at 237 for three, still needing 190 to make the Australians
        AP  -  93 words
      • Article, Illustration
        662 19 Reuter AFP AP SPRINGFIELD. New Jersey IS Open leading final round scores Sunday (IS unless noted: a- amateur): 272 Lee Janzcn 67 67 69 69 274 Payne Stewart 70 66 68 70 277 Craig Parry (Aus) 66 74 69 68. Paul Azinger 71 68 69 69 278 Scott Hoch
        Reuter; AFP; AP  -  662 words
      • Article, Illustration
        47 19 AFP MADRID Barcelona won the Spanish first division title on Sunday. claiming the championship by one point ahead of Real Madrid. Barcelona beat Real Socicdad 1-0 at home while Real Madrid lost 2-0 away to Tenerife. giving the Catalan team its third consecutive Spanish championship. AFP
        AFP  -  47 words
      • Article, Illustration
        175 19 AFP LONDON Wimbledon selected Ist rd singles yesterday (x denotes seed) Women: Yayuk Basuki (Indo) b Noelle Van Lottum (Era) 6-4 7-5: Manuela Maleeva-Frag-niere (Swi x 11) b Lorna WoodrolYe (GB) 7-5 6-4. Amanda Coetzer (SA x 14) b Sandrinc Testud (Fra) 6-3 3-6 6-3: Magdalcna Malecva (Bui xlO)
        AFP  -  175 words
    • 613 19 Wimbledon AP WIMBLEDON, England Defying the doomsayers. Andre Agassi rallied from a shaky start yesterday and opened defence of his Wimbledon title with a straight-set victory over Bernd Karbacher of Germany. It was Agassi's first victory since early April. Plagued by
      AP  -  613 words

  • Page 20 Advertisements
    • 1154 20 Null king BeatsAßud. WHERE to wine, dine and entertain OK BKERS^^ imißiniiiPOT H®HSnk HiCfUnKA y From spm to Bpm daily; a good reason to come down with drinks at only $3.50++ each. (Beer ft House pouring drinks only). Now Playing: SDcSDaTri<®(xiTr M Ladies Night Every Tuesday! For reservations, please call
      1,154 words

  • LIFESTYLE
    • 955 21  -  Before Jurassic Park amber was just old tree sap. Now. jewellery stores throughout the US are cashing in on this gem of a spin-oil. Barnaby Feder reports Barnaby Feder NYT WITH Jurassic Park on its way to megahit status at box offices and mega-hype
      NYT; Reuter  -  955 words
  • Page 21 Advertisements
    • 364 21 CHINESE ENTERTAINMENT NEWS t Befriend your favourite stars Call 24 hours a day for updates on movies music and juicy news of celebrities. Cost: 30 cents per minute Your chance win EXCITING TRIPS AND OTHER FABULOUS PRIZES ia PMZ iffluW UnS A trip for two to To win, pick up
      364 words
    • 10 21 Make YOUR Employee Search FRUITFUL Advertise in Tin; StmitsTimes APPCHNTMENTS
      10 words
  • Page 21 Miscellaneous
    • 1235 21 I TV RADIO Rocketeer, 10.30pm, SBC before World War 11. Pilot Bill f Campbell comes across a por- WS^^Kr table rocket pack that enables Ma^w? the wearer to be airborne. Matinee idol and secret Nazi Timothy Dalton goes after W Campbell's girlfriend. T» A Sea of Trouble, 9.30pm, SBCI2 Narrator
      1,235 words

  • PROPERTY & CONSTRUCTION
    • 1146 22  -  Prices of resale HDB flats have surged 30-50 pc in just 2 months. Sylvia Wong finds out why Sylvia Wong Housing and Development Board (HDB) flats, which house some 90 per cent of Singapore's population, have been outperforming the private property market over the
      1,146 words
    • 209 22 ABOUT 4,500 single Singaporeans have bought HDB flats since the government relaxed ownership rules in 1991. According to figures from the Housing Development Board, 3,900 units were sold under the Single Singaporean Citizen Scheme started in late--1991. This allows singles above
      209 words
    • 341 22 Selected ERA transactions in the past week Oft* TTT r~ BuWInarM S*prk» I <^^7^ tranMdlon* Pro ct (»qft) Tenur (S$) 1 s *P f< PRIVATE oy Jun15,93 I 1750 Loyang Valley Apt/pool 1500 7 99 460,000 307 Jun 15,90 1027 Sixth Avenue Semi-D 2,500 (3800)* j FH
      341 words
    • 1032 23  -  This marks a new phase in the big league players growth, reports Lilian Ang Lilian Ang CITY Developments Limited (CDL), a big league player in the local property market, is planning to step up its overseas activities in a move which will mark
      1,032 words
    • 234 23 Australian Financial Review THERE will be little joy for Australia's CBD office markets until late this decade, with Sydney still expected to have a vacancy rate of 18 per cent in 1998, according to Hooker Research's latest survey. Hooker's Profile on Properly 1V93 said a
      Australian Financial Review  -  234 words
    • 287 23 Speculators have apparently shied away from several property projects launched in the past week. Whereas previous sell-out projects such as Pare Oasis. Central Green and Azalea Park have brought on a whole flood of advertisements in the Straits limes Classified Ads to resell the
      287 words
    • REGIONAL SKYLINE
      • 80 23 SINGAPORE Pro and Puh Lid will hold its second China Property Exhibition this year at the Mandarin Motel. Ihe show will feature about 60 booths with exhibits of development projects in southern China and other major Chinese cities and provinces. It will be held between July
        80 words
      • 110 23 SYDNEY Property consultant Jones Lang Wootton has plans to set up offices in Vietnam, says chairman for Australia and the Pacific Chris Brown. Although he did not indicate specific dates. Mr Brown says the group has a "specific opportunity" that will allow it to
        110 words
      • 83 23 AUSTRALIA Australia's sliding dollar and competitive tenders combined with the increasing building costs in burgeoning Asian economies are causing the gap in construction costs between Australia and South-east Asia to narrow. According to consulting firm Rawlinsons. the unit cost of a hotel room on the Gold
        83 words
  • Page 22 Advertisements

  • Page 23 Advertisements
    • 145 23 FOR LEASE Breakfast in a garden terrace overlooking the curvilinear swimming pool, and listen to the waterfall gently cascading into a Balineseinspired sunken courtyard and a lily pool set amidst rich tropical foliage. Enjoy resort-style facilities that come with a full-time Manager. Facilities Co ordinator and exemplary concierge service. Your
      145 words
    • 661 23 !0> Bangkok Bank Limited (INCORPORATED IN THAILAND) Balance Sheet As at December 31, 1992 1992 1991 LIABILITIES AND BAHT SHAREHOLDERS •TOSITS EQUITY 1992 1991 «»its at banks ncwwi-iv 14,353.325.644 72 15.613.374,794.07 Domestic deposits 1H852K2 S:S > and deposits Foreign deposits 33.769.038.299.12 36.426,745.459.39 Interest bearing 49,326.722.121.46 57,804.322,350 41 \JVKS Not interest-bearing
      661 words

  • 524 24 EDITORIAL I T IS doing investor confidence no good for Australians to dither over aboriginal land claims. The controversy, which has been simmering for just over a year, arises from a landmark High Court decision that recognised aborigines as the first inhabitants ot Australia and gave
    524 words
  • WHAT THE OTHERS SAY
    • 157 24 THE ECONOMIC CRISIS that confronts the Philippines calls for strong leadership and decisive measures. Despite putting economic revival high on his agenda. President Fidel Ramos has not been able to make much progress. There is clearly a need for a smooth working relationship between the various
      157 words
    • 197 24 THE 17th SEA Games ended yesterday and we hope that all participants will leave with many good and fond memories. Singapore is proud to be the host this time. And as a participating country, Singapore can be proud of its achievement. It is no small achievement
      197 words
    • 139 24 JAPAN'S political earthquake has put the Liberal Democratic Party (LDP) in a crisis. Although LDP leaders still say they are confident of winning the elections, public opinion is that the elections may well put an end to 39 years of LDP dominance. This may result in
      139 words
    • 230 24 WHILE THE Western-led coalition is busy breaking new ground in Somalia, the old ground of Bosnia continues to pile up with dead bodies and the detritus of libertarian principles. If it had not been for the shadow of Bosnia, the united Nations' action against Mohamed Farah
      230 words
    • 186 24 SOME BELIEVE Japan is in danger of becoming the Italy of Asia. For a country still coming to grips with a changing economic climate and facing a possible trade war with the United States, another leadership crisis could not have come at a worst time.
      186 words
    • 181 24 SOME PEOPLE may regard as a disappointment the Supreme Court's ruling last Tuesday, which turned down the request of Surya Paloh, the publisher of Prioritas. for a judicial review of a Ministry of Information decision to revoke the newspaper's publishing licence in 1987. A few people
      181 words
  • 1239 24  -  Leon Hadar finds the US after failing to project a global moral leadership role over Bosnia desperately trying to play the role in Vienna these days Leon Hadar The writer is a Washington-based journalist who contributed this article to BT WOODROW Wilson's ghost is back in
    1,239 words
  • Page 24 Advertisements
    • 118 24 NOTICES ID LUM CHANG HOLDINGS LIMITED UNSECURED SERIES B HYBRID BONDS DUE 1996 In accordance with the provisions of the Bonds, notice is hereby given that for the three-month period from 22 June 1993 to 22 September 1993, the Bonds will carry a rate of interest of 4.375 per cent,
      118 words
    • 322 24 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF MOH SENG REALTY (PTE.) LTD. MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company held at 133 New Bridge Road #12-06 Chinatown Point Singapore 0105 on 18th June 1993 at 2.00 p.m.. the following
      322 words
    • 359 24 in the Matter of The Companies Act, Cap. SO Pursuant to Section 290 (2) (b) AND IN THE MATTER OF ALLEN CHEMICAL PTE LTD At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 8-C Jervols Road Singapore 1024 on the 21st day of June 1993
      359 words
  • Page 24 Miscellaneous
    • 122 24 THose I (NO s THC C\ iVP>"T'S Tgoußl F DOoJN TU£. j £v£.C.Y j gQOBLe J j SUCM I vgL passes BV J V i i Noise it's driving v jj I yrne cgAXy y j D*LLS> M < C-^Wp k O'-+fc» I J <=>VjPPOS£. I *SSOCI*:tONtASP»Pf«S LTD IHMItI C"C>£—•
      122 words

  • ANALYSIS
    • 732 25  - What governments should and shouldn't do Anna Teo finds out what the latest World Competitiveness Report prescribes for international competitiveness in the '90s. The report also contains an article by Singapore's Minister for Trade Industry, S Dhanabalan, spelling out how a government can build an efficient economic environment. Extracts of
      732 words
    • 755 25 SOFT ASSETS count. The most competitive nations in the '90s will be those whose people have the right values, education system, motivation and attitudes, says the 1993 World Competitiveness Report. Assessing a country's competitiveness on short-term statistical or "emotional" yardsticks is simply risky,
      755 words
    • SNIPPETS
      • 78 25 SINGAPORE has yet again notched up a near-perfect score, coming in tops on all but one of the eight major categories. It has lost out to Hongkong on management, which reflects the extent to which enterprises are managed innovatively. profitably and responsibly. But it continues
        78 words
      • 86 25 THE LIST of firsts for Singapore is long but tops for agricultural productivity? Anyway, here are a few criteria where Singapore sits among the lower-ranked: cost of living (11th. but ahead of the other three Asian NIEs): capital productivity (15th); managers' willingness to work overseas (15th);
        86 words
      • 77 25 THE MOST spectacular recovery this year has been made by New Zealand, mov ing from 15th last year to Bth spot among the industrialised countries. The leap is particularly impressive in two factors domestic economic strength (achieving 7th position from 21st previously) and management (from
        77 words
      • 90 25 THIS YEAR'S "remarkable newcomer" that's the welcome label for newly-industrialising economy Chile. Starting out at fifth spot, the South American country has entered the ranks of the South Asian dragons to compete with Malaysia, Korea and Thailand, says the 13th edition of the World
        90 words
      • 98 25 Germany the east drags it down REUNIFICATION has taken its toll on Germany's competitiveness. Last year's runner-up among the OECD nations has slumped to fifth spot this year amid a decline in domestic economic strength and a growing fight for national identity. Among the other advanced nations, even top-ranked Japan
        98 words
      • 80 25 THE factors of competitiveness must be continuously reviewed in an ever changing economic environment. So while this year's World Competitiveness Report has thrown out criteria such as the per capita number of telexes, it has added eight new ones on environmental concerns. Air pollution, waste generation
        80 words
      • 87 25 IS COMPETITIVENESS killing jobs in 1993. the World Competitiveness Report wonders. Noting that the '90s are now adding a second wave of structural unemployment affecting mainly white-collar workers, the report condemns "today's obsession with reducing headcount (currently raised to the level of a management theory)"
        87 words
    • 321 25 LIKE other multi-dimensional concepts, world competitiveness can be captured in a formula. The International Institute of Management Development (IMD) and the World Economic Forum (WEF) see it as a linkage of competitive assets, competitive processes and intemationalisation. The assets (infrastructure, people, finance and technology)
      321 words

  • 518 26  -  From Catherine Ong in HONGKONG THE Hongkong stock market fell nearly 200 points or 2.7 per cent yesterday despite the long-awaited resumption of Sino-British dialogue on 1997 issues after a six-month hiatus. Brokers said there was no particular scare factor behind
    518 words
  • 331 26 UPI, AP TOKYO The leader of Japan's largest opposition party yesterday threw his support behind ruling party rebel Tsutomu Hata as a candidate for the premiership following the general election. Social Democratic Party (SDP) chairman Sadao Yamahana told an extraordinary
    UPI,; AP  -  331 words
  • 149 26 Reuter TOKYO Japan is at loggerheads with some of its European partners in the G-7 over how to aid the world's poorest nations, a senior Japanese official said. Tokyo and its close G-7 allies the US and Germany will oppose a proposal by
    Reuter  -  149 words
  • 619 26 Bernama MBT SHENZHEN Malaysian businessmen accompanying Prime Minister Mahathir Mohamad on his current visit to China have secured MS 1.494 billion (SS94I million) worth of business contracts with their Chinese counterparts. The prime minister told Malaysian journalists: "I think this is
    Bernama; MBT  -  619 words
  • 57 26 Reuter MOSCOW A dog trainer pulling an American Pil Bull Terrier through its paces in defending a car from thieves as curious on lookers gather to watch. Fighting dogs such as the Bull Terrier and Rottweillers have become popular in Russia for
    Reuter  -  57 words
  • 284 26  -  From Al Labita in MANILA PRESIDENT Fidel Ramos, stung by criticisms of his antimonopoly policies, yesterday allayed fears among Manila's corporate elite that he was out to dismantle their empires. Addressing a news confcrcncc, Mr Ramos said his government was instead encouraging big
    284 words
  • 888 26  -  The Bottom Line JOHN HELMER JOHN HELMER The writer is BT's Moscow correspondent THE economic situation in Russia reminds one of The Emperor's New Clothes. In the fable, a ruler once paraded in his birthday suit, believing that he had on beautiful new
    888 words
  • 214 26 AFP, Reuter COPENHAGEN A government minister faced the axe yesterday and Prime Minister John Major's Conservative Party was squirming ander burgeoning accasations of impropriety in the case of fugitive businessman Asil Nadir. Press reports have turned up a cozy and questionable
    AFP,; Reuter  -  214 words
  • 445 26  -  From Neville Stack in LONDON MICHAEL Heseltine, president of the British Board of Trade and formerly a contender for the premiership, suffered a heart attack while on a weekend visit to Venice with his wife, Anne. Mrs Heseltine called for
    445 words
  • Page 26 Advertisements
    • 56 26 Singapore's most popular A NitsukoifS Telephone System J FREEHOLD RESIDENTIAL SITE AT MOUNTBATTEN ROAD DISTRICT 15 FOR SALE BY TENDER Under Instruction from Kew Estate Ltd Site area 2,692.3 sm (28,980 sf) Development: A 10-storey apartment block, potential up to plot ratio of 1.55 Closing Date 15/7/93 by 3 pm
      56 words
    • 16 26 SINGAPORE corn GZ Distributor of the most sought after Key Telephone System Tel: 278 7088 J
      16 words

  • Shipping Times
    • 521 27  -  By Ramesh Divyanathan SINGAPORE Cargo traffic through Singapore's sea gateways registered a 10 per ccnt growth to nearly 82 million tonnes in the first four months of the year compared with the same period last year. So far, traffic growth at the Port
      521 words
    • 343 27 Lloyd's List LONDON A major fleet renewal plan involving vessels of 4,800 TEU capacity is being considered by Hongkong-based Orient Overseas Container Line. The carrier is understood to be considering ordering several ships, which because of their intake rating, would be of wider-than-panamax
      Lloyd's List  -  343 words
    • 855 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 Bangladesh Shpg 9 5
      855 words
    • 198 27 Bloomberg Business News OSLO, Norway Kvaerner A/S last week said its pre-tax profit climbed 2.4 per cent in the first four months of 1993 to 434 million Norwegian kroner (*****.3 million) pre-tax from 424 million kroner a year earlier. The Norwegian ship
      Bloomberg Business News  -  198 words
    • 260 27 SINGAPORE Classification society Lloyd's Register will launch a computer database which will give easy and immediate access to its rules. The system, Rulefinder, will also put international statutory regulations and national interpretations at users' fingertips, according to a Lloyd's Register statement issued recently.
      260 words
    • 277 27 Knight-Ridder WASHINGTON Tankers that try to violate the new, worldwide oil embargo of Haiti could be intercepted by the US Coast Guard under a policy being considered by the Clinton administration. State Department officials said late on Friday that the US
      Knight-Ridder  -  277 words
    • SHIPS IN PORT
      • 518 28 Vessel Voy No Berth Arrival Departwe Vessel Voy No Berth Arrival Departure iwrong Port Amrta V Asean Maw Atlanta Dwi Sempurna isla leyte Perita Intan Pviau lawa foda Pertasa Tro()acal 12/B Vishva Parimal Art Us Dawn Bmtan Mutya Caribbean Unvers Dewi Fortuna HHy Batan HMS I B
        518 words
      • 1459 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARCO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bootinf/Bibnce Rsits Ship Voy No Etb/Btr Period From To From Aci Swan 71A 23/1500 2 21/1700 22/0659 -22/0900 4 22/1200 22/1159 22/1700 Al MrqaO C017W 23/0700 1 21/1500 21/1659 21/1900 2
        1,459 words
    • 10757 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,757 words
    • 3372 41 Asia-North America Easthound Rate 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; M K" Line. Trans-PacHk Westbound Rate Agreement (North America/Far East): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line;
      3,372 words
    • 266 41 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air tvpreu Intel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716 *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: 273-8283. Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Cits-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Tel: 296-5720.
      266 words
    • 1475 41 Abex Express Freight Tel: 542-7171. Fax *****84. Actiak Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7811 Fax: *****20. Aerolink Freight International Td: 545-803? Fax: *****05. Aerospeed Td: 542-5911. Fa*: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666 Fax: *****74. *****50. Air
      1,475 words
    • 1585 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  -  1,585 words
    • 1214 42 ALBANIA Duress: Four vessels in port of which 1 loading ferro chrome, 1 Ro/Ro discharging tractors, 1 vessel discharging flour/beans, 1 discharging general cargo. AUSTRALIA Queensland: Abbot Point: Coal: 1 vessel loading, 1 vessel due by June 28, no delays expected. Dalrymple Bay: Coal: 1 vessel loading; 1
      1,214 words
    • 556 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA K.Z203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 I TYO KAL
      556 words
    • 263 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No MK 20 23 Orient Venus 1800 1300 Far East Cruise Inchcape Shpg Agencies 222-4411 22 22 Andaman Pnncess 1000 1600 Sin-Kuan tan Lines Int'l Holdings 224-2763 23 23 Continental World 1200
      263 words
    • 1229 43 THE BALTIC Freight Index tor spot dry cargo shipping rates fell to 1,522 on June 18 from 1.526. Trading on the freight market was quieter, with details of fixtures concluded slow to emerge, brokers said. Business for Panamaxcs remained more active in the Pacific than the Atlantic. Showa
      1,229 words
    • 768 43 COURSES Title: Multi Modal Asia Pacific '93 Duration: June 23-24 Organiser Chartered Institute of Singapore Tel: For registration enquiries contact Temasek Management Services at 225-0522. Title: Import/Export and Shipping Procedures (SDF 50%) Duration: June 24 (8 evenings) Organiser: Elim Management Services Tel: For course details and application form,
      768 words
    • 1181 44 Maersk has beefed up its coverage of the US east coast via a fast shuttle to Long Beach while NOL has chosen to go direct to New York Lloyd's List Maersk Line has beefed up its US eastern seaboard service via a
      Lloyd's List  -  1,181 words
    • AIR AND LAND TRANSPORT NEWS
      • 655 46 The show will go on despite poor sales Paris air show NYT PARIS The only things certain in the aerospace trade, according to Jean Pierson, the head of Airbus Industrie, are that "business will go up and down, and there will always be air shows". The 40th Paris show wound
        NYT  -  655 words
      • 109 46 SINGAPORE Major structural modifications will be made to engine struts on all 747 jetliners world-wide. According to a Boeing statement yesterday, these modifications will provide back-up structural support to protect against in-flight engine separation if any mountings fail. Two new steel mountings, bolted to a
        109 words
      • 399 46  -  By Rahita Elias SINGAPORE Luxem-bourg-based airline Cargolux suffered a 93 per cent plunge in after-tax profit last year to US$l.4 million (552.7 million). President Sten Grotenfelt says in the company's latest annual report: "We witness the passing of 1992 with relief. It was
        399 words
      • 566 46  -  By Juliette Walker SINGAPORE TNT Express Worldwide is setting up a special Asia-Pacific team in the US to market the air express company's ability to provide third party logistics solutions in the region. Although a major thrust of the Asia-Pacific office will be
        566 words
      • LOG BOOK
        • 75 46 Reuter BEIJING June 21, Reuter The World Bank has approved a loan that will cover nearly half of an ambitious US$l billion (SSI.6 billion) plan to overhaul China's inefficient and wasteful grain transport system, Xinhua news agency said on Saturday. The loan is
          Reuter  -  75 words
        • 62 46 Reuter FOLKESTONE, England British customs officers checking the first French Eurostar test train to travel through the Channel Tunnel on Sunday. The Eurostar will undergo tests on the British Rail system. Sunday's trip took about two hours with the Eurostar towed and not travelling under
          Reuter  -  62 words
        • 58 46 AFP TAIPEI EVA Airways, Taiwan's largest privately-owned international airline, had ordered four Boeing 767-200 passenger jets, an EVA spokesman said yesterday. EVA is scheduled to receive the four wide-body, 200-seat passenger aircraft from Boeing in the spring of 1994. The medium- and short-haul 767-200s
          AFP  -  58 words
        • 111 46 Reuter LONDON The Peninsular and Oriental Steam Navigation Co faces legal action by the UK government over unpaid fines for bringing passengers with illegal documents into Britain, a Sunday Telegraph report said. The Home Office has served writs on several companies including P&O,
          Reuter  -  111 words
        • 72 46 Reuter NEW YORK In the first such arrangement between an American bank and a foreign airline, British Airways and Chase Manhattan Bank are joining forces to issue a joint Visa credit card. The Sew York Times reported yesterday. The card would allow users
          Reuter  -  72 words
      • 224 46 AFP TORONTO Canadian travel agcncics can no longer book flights to and from Cuba because the US reservation company they use has pulled the plug, citing the US embargo against Havana, the Canadians say. Canada's computerised flight reservation system, Gemini, uses flight information from the US
        AFP  -  224 words
      • 1352 46 eg rm eta nm n» *km PfcaM GA893 1335 GA964 0150 Qf81 1940 QF82 2055 kmmm RJ182 2200 kmUvfm GA893 1335 SQ320 1100 KL837 1445 GA974 2215 KL838 2310 Mtmm SQ348 2300 Anddaad NZ35 1550 NZ36 2340 SQ296 2030 falnta Gf 148 0905 B S«fi kfMM
        1,352 words
  • Page 27 Advertisements
    • 26 27 If you want it there/ I Fly it with *0 a us today, /;> I MemberASM f -m JFj. I 1& I I GRIFFIN KINETIC *****331 ■lIIIIIMHHHHHHHHHHHHHHHHHHHHHHHMHHHfIM
      26 words
    • 27 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore \j|jjjfMJj National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740 2039/740-2090
      27 words
    • 174 27 International Freight Forwarder EUROPE LCL FCL Services M+R FORWARDING PTE LTD Asia-US east coast: go east or west? Page 2 There will always be air shows, Back Page -V- .fff*INTRODUCING EXPRESSRAIL'S EXPANDED ON-DOCK SERVICE. Seamless, on-dock transfers are only part of it The Port of New York New Jersey offers
      174 words

  • Page 28 Advertisements
    • 456 28 INt TSKLINE AGENCIES (S) PTE. LTD. AsgHMgA r I 1 TT I%TTI Tel: 226-3363 PK® -l JLUNJL j-™™ \~gtfT7/ Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I TO mm." a yiwBE j 'c H6ASUS 14 23 06 2? 06 Sl* ACX ROSE 418 **21.06 **23.06 22.06 25.0t
      456 words
    • 1551 28 CHMCT TO USA WIST COAST 19CX-9POM CALPOWHIA Ifffll) TO EAST MgPrrgXRAMgA* (FULL COWTAWgW i jfm m. ffg In m tab SnJ ae i irm m ihthi mm Iwfw rrc» l mon |bmhsmrr hbiupwl tm MB im —50 CALIFORNIA PEGASUS U 23 24 6 10 7 12 7 I 147 IST
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  • Page 29 Advertisements
    • 2416 29 9H,PP,NQ AOENC,CB PETAU^G'JA^A''TEI^*O3-7^(^77 6^FAx"o3-*****42 DOCUMENTATION TEL: *****64 FAX: *****09 1 CFS TEL *****6 BOOKINGS TEL *****80 *****81/ *****82 n->n CFS (PSA F5) TEL: *****21/ *****79 MHWim OT M1«0 FAX 07 *****9 CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL. 07-*****0 FAX 07-*****9 T— CR NUMBER: **********0 C Dedicated to Quality Service
      2,416 words
    • 2000 29 ■UIiViHHHWH FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS LEDA MAERSK V.9308 ETA SIN 24TH JUNE 1993 ORIENTAL BAY V.5784 ETA SIN 28TH JUNE 1993 Vest* voy ETA ETO FmM t>r '""ST DESTINATIONS Tiw m* MAYVIEW maersk #306 M—'MtHW 29/ot o«oo mrs HHH CFS 28/06 2359 MRS JOM LPK PEN OAK IGB MOO MEM
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  • Page 30 Advertisements
    • 1604 30 aqaba n dam/ lI also accepting from VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA TOKIO EXPRESS 11/124 23/6 10/7 13'7 11/7 Port Kelang. Penang DANUBE 08/324 27/6 6/7 12/7 15/7 18/7 20/7 22/7 Pasir Gudang KAMAKURA 29/125 30/6 17/7 20/7 18/7
      1,604 words
    • 577 30 FCL Breakbolk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Fofwardec in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocTSTrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE SIRIUS V9129W 27/06
      577 words
    • 1081 30 Blgoaaaia &xu 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 SMGA 9324-3 01/07 24/07 31/07 01/08 28/07 29/07 30/07 31/07 02/08 01/08 NORASIA SHARJAH V 9325 3 08/07
      1,081 words

  • Page 31 Advertisements
    • 2051 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chung Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 Mfctffr »«w gumma pacific unc £HflQv A service of china navigation co> accipis NXr' CARGO DUE SJULS RAJAH BROOKE VISE Muwi. lab 21-23 Jun 24 tan 24 Mm FCL LCL CONTAINER AMO
      2,051 words
    • 2747 31 m_ SINGAPORE AGENT: UXtII I AtlfaitlAl*C P4O Containers (Singapore Agencies) Pie Ltd X 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z gXPORT VESSEL VOV "PNO -PKQ SIN ALO SOU AWT HOT NAM SAC OOT
      2,747 words
    • 84 31 »BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD SINGAPORE 0208 TEL: *****88 TLX: R*****5 SINMER FAX: *****64 ACCEPTS POUTS OF C Art GO STORE KSTMATKM WHANG BEL AIT VI3E fa Pt-22 AJN Bmtufci. Mrt KMat mOMI IADE VI2E 2122 JW 23-24 lUN Mu»a. Übuan BUT AUG SOU* VI2E 21-21 WN
      84 words

  • Page 32 Advertisements
    • 747 32 r Iw. Imi yawawgM i tui mnpr Isw man vm I n/i-2/7 31/7 s/« 10/8 n/» I HTM I W7»WR I 24-27/ 7 IJ/8 25/8 I «/J TO m- R«^gG^^4gff EAST COAST W»TS Kt.WY HI STOUE SYD IIHIB 1 BMS 1 Fig *011 mO AUSTRALIA 45S 25/6 2t/6 9/7 12/7
      747 words
    • 1911 32 HANJIN SHIPPING FOR VSL SM LK HAUL SEA POX ft* VSI SM IIME HAW SAV IM NYC HANRN BREMEN 00® 23/6 DlttCl 15/7 17/7 HAMR BREMEN OOK 23/S H. SAVAWMH 03® »/7 */7 l/» HANJIN HAMURG 014 C 1/7 OKCT 22/7 24/7 HAMJM HAABURG 014E 1/7 M ASIA OIOC 5/1
      1,911 words
    • 1494 32 -J .Tjrr^nTT^ Im «r ix m ut w ki osi <n sw tyo lax c« bal ntc lhv in n w n oc w I i a«T n osi n/t 24/0 a/i n/t w V 7 0/7 1/7 9/7 10/7 wi 21/t t/i t/l 7/1 17/1 11/1 19/1 nt 21/1
      1,494 words

  • Page 33 Advertisements
    • 2371 33 sex: 'NEPTUNE CRYSTAL WE' eta Singapore 30/06/93 II I ARRIVING LOS ANGELES 17/07/93 IN 16 DAYS HI •w I AEX: 'NEPTUNE RHODONITE 10E' ETA SINGAPORE 01/07/93 HI I I ARRIVING NEW YORK 24/07/93 IN 22 DAYS feeder VEiitL v6v pen mMh*A VeMel vAy g Lai fIAK VAN ICT H. 5
      2,371 words
    • 1283 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****33 BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****51 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:
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  • Page 34 Advertisements
    • 1667 34 K64 wmmm f f AS AGENTS KAWASAKI SHKAWRE (PTE) LTD (CM No: **********0*) TEL. *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 > TWT MALAYSIA K" LINE MARITIME (MALAYSIA) SON BHD I m M TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 A INDONESIA. F.T. SARANA LAUTIMTERNUSA. TEL:
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    • 677 34 PHILI-ORKNT LINGS PT€ LTD r' 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 ffyjrj 1 AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 JUN SYDNEY, MELBOURNE. BRISBANE, FREMANTLE 20 JUN AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER.
      677 words
    • 432 34 GOLDEN LINEA LftJSl GUAN GUAM SHPPMG ITS><A (PTE) LTD w 23, I«M hym Strttt SMGVOK 1104 IB.: UUMI (II IMS) Fa U***** (at niass»mw) mum/m»uw cult »mtick Spore P Krtang Penang SOLDI* KM ferae* Mm 21/30 tm GOLKN HMKST Karachi Out* I 10 Mr chima iawq SOIOtN MNH China Ports
      432 words

  • Page 35 Advertisements
    • 984 35 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSSS K— 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I SSSSSSSSK CR NO **********0E I VESSEL VOY SIN CMB JIB JED AQJ AOE MOD PZU KOTA WIRAWAN WRNO27 30/6 5/7 11/7 14/7 16/7 16/7 16/7 21/7 KOTA WUAYA WJAO27 15/7 21/7 27/7 30/7 1/«
      984 words
    • 1255 35 VESSELS VOT VIA HtDH SfOKI HMWC ROTTERDAM ANTWERP THAMES U HARVE "nuToTsMR 91»w «/0t 23/07 25/07 20/07 27/07 23/07 MLLI K VENUS *221* 01/07 30/07 01/01 02/01 03/00 05/01 "POTIAST 7221* 11/07 00/00 01/01 01/0« 10/00 12/01 wm Ot FONTAM U/07 13/00 15/00 U/00 17/00 19/00 •ALSO ACCfFTMG CARGO 10
      1,255 words
    • 418 35 BSA 4 M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KI( Pen P.Gdf tCMMN Vl99* kl Port PAGAN VI9SN SM In Pt HPA-AN YI92W 30/02 Jul PAGAN VI99W OS 08 Jul MALAYS* AGENTS BOUSTEAD SrtPPWG AGENCCS Kli: m 03 *****00 PKI: TU 03-3M4767 P€N
      418 words



  • Page 38 Advertisements
    • 2537 38 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Guan Cuan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Pntra Indonesia Maritime Costar Shipping Pte Ltd Shipprng freight Boohing Centre MM 51 Peniaraa MikU Mm Let 3.34, 3rd Floor. 11. IK. H. laanda 111/23 D-C
      2,537 words

  • Page 39 Advertisements
    • 615 39 O <& FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 28/06 ROTTERDAM 23/06 AARHUS/COPENHAGEN 28/06 HAMBURG/BREMEN 28/06 MARSEILLE/FRANCE 24/06 FELIXSTOWE/UK 28/06 BARCELONA/SPAIN 24/06 LEHAVRE/FRANCE 23/06 GENOA/ITALY 26/06 ANTWERP/BELGIUM 28/06 LOS ANGELES/WC/IPI 23/06 SYDNEY/MELBOURNE 24/06 INEW YORK/EC 23/06 FREMANTLE/ADELAIDE 25/06 VANCOUVER 23/06
      615 words
    • 697 39 m RICHFIELD MARINE AGENCIES (S) PTE LTD W TEL: *****33 (12 Lines) B" FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) \]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOR SPORE ANCNNET 31WB 2S/07 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAMA ABvor J3WB TToe
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    • 586 39 JAKARTA BANGKOK ww m m Ivor smtmm BANGKOK IHANA MM4 35S MPI 25/4 PITA BHUM* 247N In PI 22/6 fri 25/4 GURU BHUM 196S 23/4 24/4 MAHA BHUM 143N Wed 23/4 Sun 27/4 MM BHUM 43S 25/6 21/t )A *U B** 40N Ihu 24/4 Mi 24/4 BRA BHUM 08S 57*
      586 words
    • 342 39 pi DONGNAMA LINE COWTJMHCWCP tewvici TTtAfTS/BLW/WC/aSN KSSI SPC H< BIN fNG MC BSH MMft *307* 27/4 20/4 30/4 1/7 11/7 14/7 IUISB»S V3O7W 4/7 4/7 1/7 11/7 71/7 MMATSU SWT *307* 11/7 13/7 14/7 15/7 25/7 2»/7 HOW6KOW6 a«T WO7W 17/7 l»/7 21/7 2/» 4/1 HOUNO TH AHA ttHVICI vissfi
      342 words

  • Page 40 Advertisements
    • 1575 40 N E RUNES j| ~l\~/\"| A 9 entB: MAC-NELS SPORE: *****22 (24 LINES) *V J\y VUc RNo **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 J P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 J HKG/TWN/BKK I GOTH/UKC/MED PORTS J PEN PKL SIN EVERY TUE/THUR/SAT PEN PK
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    • 202 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ll* u» u* spom pooi kiimg nwu« Bill MH JO 6 26 6 loading tor Mate t&wfcoM RUVN HUWU 30 6 lo*kn« lot Cjkiitli OOirHN 1* Pott LojdiP< fo» Mate nowu SUP*tM[ 1 7 load Mii for Mate IMKIDH 26 6 loading
      202 words
    • 973 40 THONG SOON UNES PTE. LTD.] 78 SHENTON WAY #10-01, SINGAPORE 0207 TEL: ******8 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****55 SINGAPORE TO SARAWAK ttSStL *0T SPORE OEST VESSEL VOY SPORE PEST EQUATOR JADE 81/3E 25 JUN KUCHING EQUATOR GRACE 90/3E
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  • Page 42 Advertisements
    • 122 42 NOTICE EFFECTIVE IST AUGUST 1993, TERMINAL HANDLING CHARGES IN SINGAPORE WILL BE ADJUSTED TO THE NEW QUANTUM OF SINSIIS PER 20FT SINSI7S PER 40FT BY THE MEMBERS OF THE INTRA ASIA DISCUSSION AGREEMENT (I ADA). THIS IS PART OF A PROGRAM TO FULLY RECOVER THE TERMINAL HANDLING COSTS. THE LINES
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    • 19 42 n i f~fre Ewufewt HomeMir mr\ <• Bub Bin»r ngl«* ANY JOB ANY CAREER AVAILABLE ANY DAY. ANY TIME ANYWHERE
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  • Page 43 Advertisements
    • 56 43 —~i fa Etecu-fciye Housekeeper -this Oft I I wants is me. Bob I'll never neglect I V this baby J Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The new Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA
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    • 93 43 NOTICE TO SHIPPERS IN THE SINGAPORE/VIETNAM TRADE THE FOLLOWING SHIPPING LINES (LISTED BELOW) WILL APPLY A TERMINAL HANDLING CHARGE (THC) OF SINGAPORE DOLLARS 115 PER 20 FOOTER AND SINGAPORE DOLLARS 175 PER 40 FOOTER FOR ALL EXPORTS FROM SINGAPORE TO VIETNAM AND FOR ALL IMPORTS FROM VIETNAM TO SINGAPORE, EFFECTIVE
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  • Page 43 Miscellaneous
    • 781 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0?00 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 3.3 3.1 2.7 2.1 1.4 09 06 04 04 06 1.1 1.8 22 2.4 2.4 22 1.8
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  • Page 44 Advertisements
    • 633 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 56N8 25/06/93 03/07/93 miv VIGOUR SINGAPORE 56ANB 28/06/93 03/07/93 VIQWR PACIFIC Zim 02/07/93 10/07/93 VIGOUR PACIFIC 21ANB 05/07/93 10/07/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG MARINA MAS 9383N8 24/06/93 26/06 93" ARKTIS GRACE
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    • 370 44 |Sgo£ FREIGHT MANAGEMENT^. GENERAL: *****11 BOOKING: *****55 United Kingdom/Europe FELIXSTOWE, LONDON, LE HAVRE, ROTTERDAM, ANTWERP, HAMBURG Also accepting: All inland European UK destinations. South America, Eastern Bloc Western Africa points via Antwerp. J ■■k EES FREIGHT SERVICES PTE LTD #01-60 Wallich Building, Singapore 0207 FO Tel: *****66 (10 Lines) Fax:
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    • 387 44 I O.K. LINE CAHAYA SAMUDERA SHIPPING (PTE) LTD FULL CONTAINER SERVICE SPORE JAK ART A/SEMARANG/SURABA Y A/P. KELANQ/PENANQ mm——a ttSSQ VOY SSI JKT SltG SBY PEN PKC KMUNM MYA I 377/371 »/S 1/7 J TAKAftI I 1-157/1-151 25/8 27/6 SNMMYA 047/041 24/6 2S/C TBR-1 25/6 2S/6 > TBH-2 27/6 30/6
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  • Page 45 Advertisements
    • 995 45 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOY PWA I PKE PGP VESSELS VOY SIN RTM ANT* LEW HAM BRE{ FEI NORASIA MALACCA 9322 A 22/06 23/06 24/06 H. INNOVATOR 304W 28/06 16/07 16/07 17/07 18/07 IS/07 20/07 HMM ADVANCE 21A 29/06 30/06 01/07 SI MARINER
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    • 496 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS WSStI VOY V Ml MC H SOMil 21 21 4 BRIOtT ACE 2 24/1 IS 4 |W M/ 4) COSNC CNALLERttR 2« 2S/I 21 t COSMIC MASTER 21 I/I Stkl lACOTI 44 1/1 ASSAM TRADER 21 4/1 HEISMUM It
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    • 946 45 I VESSEL Ivor SIN ETA/D| LAX I OAK I HOU I DAL 1 CH/COl IHM I NOR I NYC ALLIGATOR VICTORY QO4SA 24-25/06 11/07 13/07 13/07 13/07 13/07 14/07 15/07 15/07 HENRY HUDSON BRPGE 0067 A 01-02/07 18/07 20/07 20/07 20/07 20/07 21/07 23/07 23/07 ALLIGATOR TRIUMPH QO47A 08-09/07 25/07
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  • Page 46 Advertisements
    • 6 46 I ANALYSIS Tomorrow in Business Times
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    • 46 46 |ANALYSIS I Tomorrow in Business Times Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. know the woHd from start to Finnish.
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