The Business Times, 23 June 1993

Microfilm: NL18530
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA mita (p> 552/12/92 Wednesday June 23 1993 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon US imposes final anti-dumping duties
      79 1 Reuter WASHINGTON The US Commcrcc Department has imposed final anti-dumping duties on steel from 19 nations and imposed final duties on 12 countries accused of illegal steel subsidisation. It says the anti-dumping duties range from 1.47 per cent up to 109 per cent. The final
      Reuter  -  79 words
    • Article
      Lock icon Senate approves deficit-cutting move
      61 1 Reuter WASHINGTON The Senate Budget Committee has approved a US$347 billion (***** billion) five-year defi-cit-cutting measure and sent it to the full Senate for action. The party-line vote approved a measure with US$249 billion in new taxes and US$9B billion in spending cuts. This Bill forms
      Reuter  -  61 words
  • Article, Illustration
    MARKET SUMMARY
    108 1 Stock market indices Tuesday Change STII 1787.68 -31.81 KLSE Composite 724 96 -10.29 Nikkei 19,538 30 325.87 Hang Seng 7.046.73 +43.15 SET Index 903 54 +15 59 Jakarta Composite ...356.18 +0.54 Aust All Ord 1,716.7 -9.9 FTSE 100 2,907.6 +4.2 Tuesday Previous llam close Dow Jones 3,502.79 3,510.82
    108 words
  • Article
    S'pore stock market slips below key 1,800 mark
    133 1 SINGAPORE Share prices plunged across the board on institutional selling yesterday as the key indicator Straits Times Industrials Index slipped below the key 1,800 level. The 30-share Straits Times Industrials Index lost 31.81 points or 1.75 per cent to 1,787.68. Bank and
    133 words
  • Article, Illustration
    KL securities body starts probe into share-rigging
    639 1  -  From Leslie Lopez in KUALA LUMPUR STUNG by persistent criticisms of inaction over allegations of insider trading, Malaysia's Securities Commission said yesterday that it has launched an investigation into alleged share-rigging on the Kuala Lumpur Stock Exchange. "We are investigating one or two
    639 words
  • Article, Illustration
    Former PM Kaifu to head pro-reform forum within LDP
    500 1  -  Political turmoil in Japan From S N Vasuki in TOKYO FORMER Japanese Prime Minister Toshiki Kaifu. who was ousted by LDP big-wigs two years ago for daring to implement electoral reforms, appears to have made a quiet comeback. Mr Kaifu will
    500 words
  • Article
    Lock icon Li Peng won't make full comeback until October: Japanese paper
    220 1 Reuter TOKYO Chinese Premier Li Peng, recovering slowly from an apparent heart attack, will be unable to make a full comeback until at least October, a Japanese daily reported yesterday. Yomiuri Shimbun quoted political sources in Beijing as saying Mr
    Reuter  -  220 words
  • Article, Illustration
    Go-ahead for ambitious Thai plan to develop south seaboard
    636 1  -  From Alan Boyd in BANGKOK THAILAND has given the green light for an ambitious 187-billion-baht (SS 12.1 billion) development seheme on its southern seaboard that will integrate the region's economic growth with neighbouring Malaysia. The government has approved an initial 10-year
    636 words
  • Article
    Lock icon Taiwan to open trade offices in China
    159 1 Reuter TAIPEI Taiwan will establish trade ofTiees in China to handle the rapid growth in economic ties, the island's semiofficial China External Trade Development Council (Cetra) said yesterday. "If everything goes well, we will set up two offices in Shanghai and Beijing by
    Reuter  -  159 words
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      177 1 1 CONTENTS News Companies S pore News 2 S pore M'sta ..9,10.12 Regional News 3.4 Financial 14.15 World News 7 Features Markets Analysis 27 Clob KLSt. SES 19.20 Edrtocd 26 Regional 17 Sports 21 World 18 TV/Lifestyle 23 Currencies 15 Regional Focus 5 Simen Commo ...15.16 Subscription Tel 1800-*****77 Fa>
      177 words
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      64 1 Regional Analysis: p* 24 Decline of an Indian political dynasty IKf? ri Chinese finance minister comes Jk to grips with the economy N, With the economy overheating and financial markets straining at the leash. China's Finance Minister Liu if l Zhongli has to fight many battles on many fronts. So
      64 words
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      31 1 Hock Lock Siew/fyr^ —rY A season of fiksts Finance minister wants to see greater corporate disclosure. Pg 10 Editorial: Political revolution in Japan. Pg 26 The death of factions. Pg 27
      31 words
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      55 1 *Die Bottom Line: Back Pg Ruling the US growth engine The Arab-Malaysian Banking Group's decade-long quest for a commercial banking licence is at last succeeding, Page 10 FOR A HEALTHY BACK For mof« information cad Douphin al *****00 Dauphin (SEA) Pta lid 52 Goofing Singapore 1334 Subsidiary of kurasitzmobatfabak Friodrich-W.
      55 words
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      Page 1 Advertisements Column 5
      15 1 Grand 'Biggin Pre. Ltd. T H E C O~M P L E T E SHOP
      15 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Oil exports recover from skid
        375 2  -  By Schutz Lee SINGAPORE'S domestic oil exports have been back on the growth path since March after more than two years. Domestic oil exports appear to be benefiting from higher oil prices, as shown in the growth rates of the value and volume of such
        Source: TDB  -  375 words
    • Article
      Singapore's aquatic plant industry set to take off
      170 2 SINGAPORE is poised to become a major player in the international aquatic and ornamental plants market with a major producer tying up an agreement with a Singapore bio-research company to upgrade and increase production. Koyo Aquatics Pte Ltd yesterday signed a Memorandum
      170 words
    • Article, Illustration
      Shandong governor arriving with team of mayors, officials
      452 2  -  Race between Shandong and Suzhou for Singapore investments hots up By Yong Pow Ang SHANDONG is gearing up to give Suzhou a run for its money as the two Chinese provinces compete for Singapore investments. Over the next three weeks, high-level officials
      452 words
    • Article
      Private sector to be allowed to operate bonded warehouses
      530 2  -  Select Committee hearing on the GST By Loh Hui Yin THE private sector will be allowed to operate bonded warehouses to store goods destined for re-export when the Goods and Services Tax (GST) comes into efiect next April. Only when the
      530 words
    • Article, Illustration
      PC maker GES aims for public listing next year
      382 2  -  By Ven Sreenivasan HOMEGROWN manufacturer and dealer in personal computers and peripherals. GES Singapore Pte Ltd. plans to apply for a listing on the main board of the Stock Exchange of Singapore next year. The company, which started out in 1982
      382 words
    • Article
      Sisir scheme to phase out use of CFCs
      180 2 THE Singapore Institute of Standards and Industrial Research yesterday unveiled a scheme designed to help Singapore manufacturers meet the environmental standards specified under the Montreal Protocol of 1987. This accord, of which Singapore is a signatory, aims for the global phasing out
      180 words
    • Article
      Kah Motor the leading contender for Sydney hotel
      288 2  -  By A J Leow LOCAL Honda distributor Kah Motor Company has emerged as the leading contender for the purchase of the Sydney Boulevard Hotel in Australia for a reported AS23 million (5525.7 million). Altogether, five parties have put up bids for the
      288 words
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      216 2 DANIEL HECHTER PARIS distinctive menswear Boutique: 435 Orchard Road #01-29 Wisma Atria Singapore 0923 Tel: 733 5842. Also available at leading department stores SPORTS NEWS Game Over! What's next Call 24 hours a day for results of international games. Cost: 30 cents per minute THE ASIAN WALL STREET JOURNAL. Limited
      216 words
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      73 2 SALES SALES SALES SALES Government Tenants! HOUSING CORPORATION BANK OF NEW ZEALAND INLAND REVENUE DPT* BROADCAST COMMUNICATIONS MANUKAU CITY AUCKLAND ji|lf|jjB^y "HISS 3rd largest city" IHH, si™ Architecture Award tyrVMi"BB. l()()% Occupancy Secure long term t 1 bankable tenants f FOR A FULL INVESTMENT REPORT CONTACT JOINT AGENTS Ash lev
      73 words
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      86 words
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  • THE REGION
    • Article
      Lock icon Khmer Rouge will accept new Cambodian govt, says Ranariddh
      511 3 But guerilla group doesn't want to be included, he says AP, Reuter PHNOM PENH The leader of Cambodia's newly-elected ruling party said yesterday that the Khmer Rouge guerilla group does not want to be included in the future government but would
      AP,; Reuter  -  511 words
    • Article
      Lock icon Mersing Umno to nominate Musa for vice-president
      194 3 Bernama KUALA LUMPUR The Mersing Umno division will nominate former deputy president Musa Hitam for vicepresident in the Umno elections in November. Divisional chief Ajib Ahmad said yesterday that Mersing would nominate Mr Musa for the post though the Johor Umno had decided
      Bernama  -  194 words
    • Article, Illustration
      Lock icon Viet PM heads West to boost economic ties
      414 3 Reuter HANOI Prime Minister Vo Van Kiet heads for Europe today to shore up communist Vietnam's burgeoning economic links with the West before visiting old socialist ally Cuba. His talks in France, Belgium, the European Community headquarters in Brussels. Germany and Britain
      Reuter  -  414 words
    • Article
      Lock icon New oil laws being debated worry foreign firms in Vietnam
      237 3 AP HANOI Executives of foreign oil companies yesterday expressed worries about legislation. being debated by Vietnam's National Assembly, that would impose steep royalties and taxes on oil production. Most of the 395 Assembly members agreed on Monday that oil companies
      AP  -  237 words
    • Article, Illustration
      Lock icon Manila Supreme Court disqualifies head of Subic authority
      240 3 AP MANILA The Supreme Court yesterday disqualified the head of the government agency overseeing the conversion of a former US naval base into a commercial port. A change in the authority's leadership could force renegotiation of some of the agreements already reached
      AP  -  240 words
    • Article
      Lock icon Thai opposition attacks Chuan over fugitive brother
      195 3 UPI BANGKOK Opposition legislators were barred yesterday from questioning Prime Minister Chuan Lcekpai about his fugitive brother, who is wanted by police on charges of embezzling USSB million (5512.8 million) from a Thai bank. Mouse Speaker Marut Bunnag blocked an opposition motion that
      UPI  -  195 words
    • ASIA NOTES
      • Article
        Lock icon IMF may boost growth forecast
        85 3 Reuter BEIJING The International Monetary Fund is likely to boost its 1993 forecast for China's economic growth as statistics show Beijing failing to slow runaway development. A fund official said yesterday that the IMF. in its May 1993 World Economic Outlook. predicted China's gross domestic
        Reuter  -  85 words
      • Article
        Lock icon Gunboats for US$100 apiece
        84 3 AFP MANILA The Philippine Navy has paid US$lOO (SSI64) each for a dozen used South Korean gunboats under a friendship deal. Navy chief Vice-Admiral Mariano Dumancas, commander of a rusting World War 11-vintage force whose modernisation was stalled by lack of funds, said yesterday that the
        AFP  -  84 words
      • Article
        Lock icon Aussie manufacturers positive
        74 3 Bloomberg Business News SYDNEY Australian manufacturers reported some gains in orders and output in the June quarter and are positive about the general business outlook for the rest of 1993. The latest quarterly survey by the Australian Chamber of Manufacturers and Westpac Banking Corp. released yesterday, found,
        Bloomberg Business News  -  74 words
      • Article, Illustration
        Lock icon Tokyo prepares for summit
        36 3 Reuter TOKYO Policewomen hitting their men colleagues with protective shields during a police mock-up drill at the Akasaka State Guest House yesterday to prepare for next month's Group of Seven summit. Reuter
        Reuter  -  36 words
      • Article
        Lock icon Taiwan to finance construction
        84 3 AFP TAIPEI Taiwan's Council for Economic Planning and Development (CEPD) will allocate US$l9O million (Ss3ll million) to finance construction projects here. A CEPD official said yesterday that the programme, effective from July 1. was aimed at encouraging private enterprises to join investment projects in the national
        AFP  -  84 words
    • Article
      Lock icon Australia demands compensation as Canada imposes beef import curbs
      643 4 AFP. Reuter. SYDNEY Canberra is to lodge a formal complaint with the General Agreement on Tariffs and Trade (Gatt) as Canada delivered yesterday the latest blow to Australia's trading lifelines with a new restriction on beef imports. Nearly all imports come
      AFP.; Reuter.  -  643 words
    • Article
      Lock icon Seoul to ease curbs on foreign investment
      210 4 Bloomberg Business News Seoul The South Korean government will lift a ban on foreign investment in 133 business sectors over the next five years. The government will also eliminate a regulation requiring foreign investors to form joint ventures with local partners in investing
      Bloomberg Business News  -  210 words
    • Article, Illustration
      Lock icon Floods and disease kill 220 in Bangladesh
      235 4 Reuter DHAKA Disease and boat accidents have killed about 16 people in Bangladesh in the past 24 hours, raising to nearly 220 the death toll from three weeks of floods, officials said yesterday. Vast areas in north-eastern districts of Sylhct, Moulvi Bazar, Habiganj,
      Reuter  -  235 words
    • Article
      Lock icon HK media companies eye China prize
      434 4 Bloomberg News Service HONGKONG After years of being shackled under strict communist control, China's media industry is gradually opening up to foreign investors. And that has touched off a mad scramble by Hongkong media concerns wanting a piece of an exploding advertising market on
      Bloomberg News Service  -  434 words
    • Article
      Lock icon India threatens Pakistan with military action
      281 4 UPI CALCUTTA Internal Security Minister Rajesh Pilot, saying his country's patience was wearing out, warned Pakistan on Monday of military action if it did not halt what India claims to be the training and arming of Muslim insurgents in Indian Kashmir. "Our patience can
      UPI  -  281 words
    • Article
      Lock icon NZ budget to adhere to austere strategy
      417 4 Reuter WELLINGTON New Zealand Finance Minister Ruth Richardson said yesterday her election-year budget next week would stick to economic policies that have led the country out of economic crisis but made the government vastly unpopular. Ms Richardson said in an interview with international
      Reuter  -  417 words
    • Article
      Japan unlikely to change economic policies
      369 4  -  By Schutz Lee SINGAPORE A prominent Japanese industrialist has assured Prime Minister Goh Chok Tong that Japan will not change its policies of free competition, trade and capital flows although the country is undergoing political reform. Dr R Ishikawa. chairman of construction giant Kajima
      369 words
    • Article
      Lock icon Tokyo ministries differ over trade surplus
      357 4 UPI TOKYO The Foreign Ministry and the Ministry of Finance are at odds over references to Japan's massive trade surplus in an economic declaration to be issued by the Group of Seven (G-7) industrial powers at their July 7-9 summit. The Kyodo News Service
      UPI  -  357 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      88 3 Fresh Thai King Lobsters Come taste the freshest and most affordable Thai King Lobsters in town! At half the normal price. That's an unbelievable $4.00 per lOOgm instead of the usual $8.00! Hurry, it's the very best of the freshest King Lobster catch. P l3^a n CSS Sffcffl ChHO IW/H
      88 words
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      Page 3 Advertisements Column 2
      233 3 HOW TO f STAY TRIM I IN BUSINESS BY CUTTING CORNERS These days, to stay successful in business, one has to be highly competitive. That means having the right image, up-to-date office equipment and full time experienced staff; yet keeping low overheads. Here at World Wide Business Centre Pte Ltd.
      233 words
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  • Page 4 Advertisements
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      83 4 BEAUDESERT FAIR SHOPPING CENTRE, QUEENSLAND A Coles +22 Specialty Shops A Dominates Trade Area A Strong Population and Trading Growth A Current Nett Income AUD893,000 p.a. A Less Than One Hour From Brisbane and the Gold Coast AUCTION, THURSDAY, BTH JULY AT 11:00 AM Riverside Auditorium, Level 6,123 Eagle Street,
      83 words
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      Page 4 Advertisements Column 2
      29 4 SPH AUDIOTEX SERVICE Your window to telephone information services! Call 24 hours a day to find out what we have to offer on Info Line and other AudioTex Services
      29 words
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  • REGIONAL FOCUS
    • Article, Illustration
      China in transition
      3129 5 Interview with China's Finance Minister Liu Zhonsli In his first intemew with a foreign correspondent. China's Finance Minister Liu Zhongli talked for nearly two hours with Peter Seidlitz. Hongkong based correspondent of the German business and financial newspaper. Handelsb/att. about China's economy, stock markets, the currency upheaval
      3,129 words
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      182 5 mm K. I.TflHp j 5*% I I M II 11 > m I 1 r*l 1 'Nm-OkBI f flr>.C' r.--'.' fit IrtSEfcr \J l. R y ii Like Taiwan, China Airlines Is Taking Off Today's "Taiwan is really taking off. Back- tation industry. China Airlines takes ed up by one
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  • THE WORLD
    • Article
      Lock icon EC plans new strategy to spur growth through public works
      652 7 AP COPENHAGEN European Community leaders yesterday ordered a new strategy for spurring eeonomic growth by channelling billions of dollars into transportation and other public works projects. In a draft communique to end their two-day summit here, the leaders of the
      AP  -  652 words
    • Article
      Lock icon Troubled waters for France's conservative govt
      319 7 AFP PARIS Less than 100 days after taking office, French Premier Edouard Balladur is facing troubled waters within his right-wing government over two major issues immigration and unemployment. Last weekend, two of his top ministers, Simone Veil, Minister of Social, Health and Urban Affairs,
      AFP  -  319 words
    • WORLD WATCH
      • Article
        Lock icon Man arrested after TV appearance
        98 7 UPI WYANDOITE, Michigan A man who said he found a hypodermic syringe in a Pepsi can has been arrested but not tor making a false product-tampering report. A Wyandotte police officer saw Bryan Whisman on television last week and realised that Whisman never appeared in
        UPI  -  98 words
      • Article
        Lock icon E Europe's worst reactors could be closed
        91 7 AFP LONDON A World Bank study shows that it would be technically feasible to shut down the most dangerous of eastern Europe s nuclear reactors by the mid-*****, Greenpeace said yesterday. The London-based environmental group said a leaked copy of the study, commissioned
        AFP  -  91 words
      • Article
        Lock icon Kohl's challenger in 1994 elections
        74 7 Reuter BONN German opposition leader Rudolf Scharping said on Monday he would challenge Chancellor Helmut Kohl in elections next year after his last rival in the Social Democratic Party pulled out of the race. He made the long-awaited announcement after a strategy session on Sunday
        Reuter  -  74 words
      • Article
        Lock icon Pat Nixon dies of lung cancer
        51 7 AP WASHINGTON Pat Nixon, the uncomplaining silent partner in former US President Richard Nixon's quarter century of political triumph and disgrace, died of lung cancer yesterday at the Nixon home in New Jersey. She was 81. She had suffered from lung disease for years.
        AP  -  51 words
    • Article, Illustration
      Lock icon When will help come?
      52 7 AFP GEORGIA An exhausted elderly refugee woman waiting on the beach for someone to help her board the ship that should get her to safety. Hundreds of refugees have been evacuated over the past few months due to fighting between the Georgian National Guard and Abkhazian
      AFP  -  52 words
    • Article
      Lock icon British economy up 0.4pc in first quarter
      390 7 Reuter LONDON Britain's economy expanded 0.4 per cent in the first quarter of 1993. figures showed yesterday, signalling faster growth for the year than the Treasury forecast just three months ago. Economists said they expect the economy to grow around 1.8 to 1.9
      Reuter  -  390 words
    • Article
      Lock icon Clinton seeks to keep up new-found momentum
      556 7 Reuter WASHINGTON US President Bill Clinton tried to keep his new-found momentum going in a series of radio interviews on Monday in which he promoted his economic programme and appeared to soften his stand on a petrol tax. In a string of press
      Reuter  -  556 words
    • Article
      Lock icon Japan's new PM must change policies, says Clinton
      288 7 Reuter WASHINGTON US President Bill Clinton says that the next prime minister of Japan will have to change the country's economic policies and accept demands to open its markets to US goods and services. Mr Ginton, who goes to Japan next month
      Reuter  -  288 words
    • Article
      Lock icon Canada posts 3.8pc first-quarter growth as economy recovers
      217 7 Reuter OTTAWA Canada's real gross domestic product rose at an annual rate of 3.8 per cent in the first quarter of the year, the government said on Monday, and at a rate faster than annual forecasts by international organisations. Government and private
      Reuter  -  217 words
    • Article
      Lock icon There are limits to economic policy coordination: Bundesbank chief
      233 7 Reuter TOKYO Bundesbank president Helmut Schlesinger has said that economic policy coordination has its limits. Mr Schlesinger told an economic symposium yesterday, just two weeks before a Group of Seven (G-7) summit, that the goal of G-7 policy coordination was non-inflationary
      Reuter  -  233 words
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      Page 7 Advertisements Column 1
      27 7 FACE FORTUNE Read your own face Call 24 hours a day to find out how your facial features determine your character fortune. Cost: 30 cents per minute
      27 words
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      Page 7 Advertisements Column 2
      103 7 CP Swoop 0n... 300 ACRES J# W jug near kenmore j FROM BRISBANECBD QUEENSLAND AUSTRALIA Meal opportunity to acquire an A outstanding development parcel in Australia's fastest growing state. superb location just 16km from the Brisbane CBD for 122 lots minimum sq metre blocks Htv Western Suburbs Tenders close [HmnrocranSfil
      103 words
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  • COMPANIES & MARKETS
    • Article
      DBS Land, Ng Teng Fong in record HK land tender
      532 9  -  From Catherine Ong in HONGKONG A CONSORTIUM led by the family of Singapore tycoon Ng Teng Fong. and including DBS Land, has clinched a HKSSOS million (SSIO6 million) residential site in Hongkong at a record price at a public auction
      532 words
    • Article
      Hitachi Zosen results fall short of expectations
      418 9  -  By Ramesh Divyanathan SINGAPORE Hitachi Zosen Singapore Ltd (HZS). the smallest of the Big Four shipyards in Singapore, posted a near 29 per cent drop in group net earnings to 533 million for the vear ended March 31, 1993. Turnover fell to SIB
      418 words
    • Article
      Isetan paying fatter dividend despite drastically leaner profit
      307 9  -  By A J Leow SINGAPORE Listed Japanese retailer Isetan (Singapore) saw its after-tax profit nearly halved for the vear ended March 31, 1993. Although group turnover shrank by just 2.9 per cent to $193.42 million, profit after tax fell by a hefty
      307 words
    • Article
      Courts posts strong maiden results
      267 9 SINGAPORE Furniture and electrical products retailer Courts (Singapore) Ltd has put up a sterling performance in its first year as a listed company. The company registered an after-tax profit of $6.59 million or an increase of 49.2 per cent for the year ended March 31.
      267 words
    • Article
      The corporate firsts that count, and the firsts that should be lasts
      673 9  -  HOCK LOCK SIEW By Joyce Quek SINGAPORE "To everything, there is a season, and a time far every purpose under heaven." This biblical verse could not have been a more apt description of the stock market so far
      673 words
    • Article
      Tri-M Technologies shares subscribed 53 times
      455 9  -  By Joseph Rajendran SINGAPORE Investors gave a strong vote of confidence to contract electronics manufacturer Tri-M Technologies yesterday, subscribing for the company's shares by a hefty 53.1 times. Also, 3.5 million shares have been successfully placed out privately at a premium. Tri-M drew 24,275
      455 words
    • Article
      IPC buys 30pc stake in US multimedia firm for US$1m
      268 9 SINGAPORE Almost three months after local computer maker IPC disclosed its intentions to take a stake in a US multimedia firm, the company yesterday announced that it had finalised the deal paying the maximum amount originally estimated. The company announced
      268 words
    • Article, Illustration
      Lock icon SUMMARY
      344 9 Source: Bridge Info Performance of STII's Index stocks Jun 22 Sent Mi Slack sale Chfc (actor atttn Avimo 2.250 -0.030 1.76 I 32 CAC 7.000 -0.100 5 47 4.40 Icrcbos 5,300 4.15 0 00 FAN 11.600 -0 300 9.07 13^19 GF Asia 2 880 -0 080 2.25 3.52 GcnMag
      Source: Bridge Info  -  344 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          FCC project almost fully sold
          88 10 SINGAPORE First Capital Corporation (FCC) has announced the official launch of Cavendish Park, a residential project located at Pine Grove and Mt Sinai Rise. Of the 254 units launched, 242 of the units had been sold. FCC said 22 units were sold at prevailing market
          88 words
        • Article
          CityDev unit buys 100,000 HTP shares
          70 10 SINGAPORE Trans Oil Pte Ltd, a subsidiary of City Developments Ltd, has bought 100,000 HTP Holdings shares at a cost of $77,850. Hong Leong Investment Holdings (HLIH) and CityDev are deemed to have interest in the transaction. The deemed substantial shareholdings of HLIH and
          70 words
        • Article
          SES approves Van der Horst rights
          39 10 SINGAPORE The directors of Van der Horst said the company has received in-principle approval from the Stock Exchange of Singapore for its rights issue and the listing and quotation of the rights shares.
          39 words
        • Article
          Lock icon IGB plans M$229m investments
          65 10 Bernama KUALA LUMPUR Property-based IGB Corporation Bhd is investing a total of M 5229 million (Ssl44 million) in its residential and industrial projects this year, managing director Tan Boon Seng said yesterday. Speaking to reporters after the company's annual general meeting here, he said the substantial
          Bernama  -  65 words
        • Article
          Lock icon Esso (M) to get 28-storey HQ in KL
          72 10 Bernama KUALA LUMPUR Esso Production Malaysia Inc will have a new corporate headquarters in the golden triangle here when the proposed 28-storey Menara Esso to be developed by Kuala Lumpur City Centre Bhd (KLCC) is completed in early 1996. A memorandum of
          Bernama  -  72 words
      • Article
        UNIT TRUSTS & FUNDS
        422 10 UNIT TRUSTS FUNDS pr1c«* Jun 23 Singapore Unit Tract The Commerce 1.34 l.4lxd The Savings Fund 1.22 1.28 S'porc Prog Fund 0.56 0.59 S pore Sec Fund 0.90 0.95 S pore Invest Fund 0.98 I 03xd S pore Equity Fund 0.64 0.67 Asia Unit Tract Mai Invest Fund 1.76 1.85
        422 words
      • Article, Illustration
        AMMB may soon secure commercial banking licence
        614 10  -  Group said to be in talks to buy IVTsian operations of Bank of America unit From Leslie Lopez in KUALA LUMPUR THE decade-long quest by the Arab-Malaysian banking group to secure a commercial banking licence could soon be over. AMMB Holdings Bhd, the
        614 words
      • Article
        Wing Tai to hold 49pc of condo project on former Hagemeyer site
        357 10  -  By Lilian Ang SINGAPORE The listed Wing Tai group will own 49 per cent of a proposed $100 million condominium project -on the former Hagemeyer site in Bukit Timah. A Wing Tai spokesman yesterday told BT that the
        357 words
      • Article
        Lock icon Berjaya in Yangtze bridge venture
        112 10 Reuter KUALA LUMPUR Berjaya Group Bhd said it has signed a memorandum of understanding for the privatisation of the second Nanjing Yangtze River bridge project in China. The project, estimated to cost about MSSOO million (SS3IS million), involves the construction of a second sixlane bridge
        Reuter  -  112 words
      • Article
        Anwar calls for more corporate disclosure
        382 10  -  Reports from Sylvia Wong in KUALA LUMPUR MALAYSIAN Finance Minister Anwar Ibrahim said yesterday that the Kuala Lumpur Stock Exchange must insist that its listed companies volunteer corporate information affecting price movements, if an orderly, fair and transparent capital market was to develop in
        382 words
      • Article
        KL exchange starts work on its own building
        187 10 THE Kuala Lumpur Stock Exchange is building a new 15-sto-rey home for itself in the heart of the city. To be completed in 19%, the building will house the stock exchange as well as the Securities Clearing and Automated Network Services Sdn
        187 words
      • COMPANY BRIEFS
        • Article
          Lock icon Taiwan car makers eye China tie-ups
          108 12 Reuter TAIPEI Taiwanese vehicle makers, facing fierce competition at home, are seeking joint venture partners to assemble vans and pick-up trucks in China. Executives of four local firms, Chinese Automobile Co, Yeu Tyan Machinery Manufacturing Co, Sanfu Motors Industrial Co and China Motor Corp,
          Reuter  -  108 words
        • Article
          Lock icon British Steel still in the red
          88 12 Reuter LONDON British Steel pic on Monday reported its second successive year of heavy losses. It announced a 1992-93 pre-tax deficit of £149 million (***** million) against a £55 million loss in 1991-92. The steel maker slashed its total dividend to one penny from
          Reuter  -  88 words
        • Article
          Lock icon Cable and Wireless profit soars 43pc
          75 12 AFP LONDON The British telecommunications Cable and Wireless group yesterday announced a 43 per cent increase in pre-tax profits to £918 million (552.2 billion) for the year to March from £644 million the previous year. The result was better than expected by analysts who
          AFP  -  75 words
        • Article
          Lock icon Goldlion buys HK$490m building
          67 12 Reuter HONGKONG Goldlion Holdings Ltd bought a seven-storey industrial building from Sun Hung Kai Properties Ltd for HKS49O million (S$ 104 million) and plans to use it as its operational headquarters. Goldlion chairman Tsang Hin Chi said yesterday the four-year-old building, Odyssey Centre, occupied a 62.000
          Reuter  -  67 words
        • Article
          Lock icon Fujitsu sells second supercomputer
          61 12 NYT NEW YORK Fujitsu America Inc said on Monday that it had made its second US supercomputer sale to Timeslice Technology Inc. a Houston-based service centre that offered computer simulation to the oil and gas industry. In February, the computer maker sold its first supercomputer to
          NYT  -  61 words
      • Article
        Lion Nathan eyeing Asia, China tipped to be first target
        447 12  -  By Schutz Lee SINGAPORE Lion Nathan Ltd is keen to expand into Asia to tap the doubledigit growth in consumption of beer and other beverages in many Asian countries, chairman Sir Gordon Tait said in the group's interim report released
        447 words
      • Article
        Lock icon China to draft its first company law
        310 12 South China Morning Post HONGKONG The Chinese Parliament is to deliberate the nation's first company law at a meeting next week during which deputies will decide if major amendments to the draft legislation are necessary. The Legislative Affairs Committee of the National People's
        South China Morning Post  -  310 words
      • Article
        Lock icon Semi-Tech sells Singer stake to Canada's ISTM
        388 12 Bloomberg Business News HONGKONG Semi-Tech (Global) said it is selling its 51 per cent stake in New Yorklisted sewing machine company The Singer Co NV to Canada's International Semi-Tech Microelectronics Inc (ISTM) for US$B5O million (551.37 billion). The transaction represents a major restructuring
        Bloomberg Business News  -  388 words
      • Article, Illustration
        Lock icon Allied companies to appeal against court decision
        420 12 South China Morning Post HONGKONG Allied Group and Allied Properties are appealing against the recent High Court decision to reject their allegations of prejudice during the HKS4I million (SSB.7 million) investigation into dealings in the companies. On June 11. Justice Kaplan threw out
        South China Morning Post  -  420 words
      • Article
        Lock icon Chinese car maker gets tariff break to offset falling yuan
        255 12 AFP HONGKONG Brilliance China Automotive Holdings Ltd. the only Chinese state company listed on the New York Stock Exchange, said yesterday it had won a major concession from Beijing to help it weather the plunge in the value of the
        AFP  -  255 words
    • FINANCE
      • Article
        Asean banks improve on rankings
        597 14  -  By Magdalene Ng SINGAPORE The AsiaPacific boom boosted the growth of Asean banks last year, with most of them improving their rankings in the latest Euromoney 500 survey of the world's leading banks. Thai banks continued to dominate, accounting for five of the 11 Asean
        597 words
      • Article
        Wee Cho Yaw appointed adviser to Bank Bali
        338 14  -  From Maggie Ford in JAKARTA JAKARTA United Overseas Bank group chairman Wee Cho Yaw has been appointed as an adviser to the board of directors of Indonesia's Bank Bali. Bank Bali president Rudy Ramli revealed the appointment at a news conference late
        338 words
      • Article
        Lock icon MasterCard fraud rises 23pc worldwide to US$460m
        342 14 Bloomberg Business News WASHINGTON Fraud on MasterCard credit cards worldwide rose 23 per cent to USS46O million (SS7SO million) in 1992, the payment services group said on Monday. MasterCard is a worldwide payment services franchise of more than 24.000 member institutions. The group
        Bloomberg Business News  -  342 words
      • Article
        Lock icon Lloyds reports record loss of £2.9b
        232 14 Reuter LONDON Lloyds of London unveiled a record £2.92 billion (SS7.I billion) loss yesterday, threatening the survival of the 306-year-old insurance market and the future of many of its more than 30,000 members. The result for 1990 was slightly worse than predicted in April
        Reuter  -  232 words
      • SMALL CHANGE
        • Article
          Koram Bank plans to have S'pore office
          95 14 SINGAPORE Koram Bank, a major commercial bank in South Korea, said it plans to open a representative office in Singapore. Koram Bank, a joint venture between Bank of America and 16 leading Korean companies, currently has offices in Hongkong and New York and
          95 words
        • Article
          Dutch bank opens office in Vietnam
          61 14 SINGAPORE ABN Amro bank yesterday announced it has opened a representative office in Vietnam. The Dutch bank said that the opening, which took place on June 10, was in line with its strategy of consolidating its presence in South-east Asia. The bank also said
          61 words
        • Article
          Lock icon HongkongBank's M'sia unit cuts rate
          54 14 Reuter KUALA LUMPUR The Malaysian unit of Hongkongßank cut its base lending rate to 8.75 per cent from 9.0 per cent effective yesterday, a bank spokesman said. The bank also lowered its interest rates for one to 12-month fixed deposits to 7 per cent from
          Reuter  -  54 words
        • Article
          Lock icon Japanese bankers slam postal savings
          89 14 AFP TOKYO The Federation of Bankers Associations of Japan denounced government-controlled postal savings on Monday, claiming they were an obstacle to interest-rate deregulation. "It is necessary to review the savings system, including the range of savings and the way they are managed." federation chairman Tadashi
          AFP  -  89 words
        • Article
          Lock icon Credit Suisse may get Russian licence
          101 14 Reuter MOSCOW CS Holding unit Credit Suisse Bank may soon get a full Russian banking licence, joining France's Credit Lyonnais and Societe Generale. Z-Laenderbank Austria AG and Bank of China which have been licensed already, a senior central banker said. "It is quite possible
          Reuter  -  101 words
        • Article
          Lock icon Taiwan to decide on BAe project by July
          100 14 Reuter TAIPEI A consortium of Taiwanese banks will decide this month or next whether to finance Taiwan's £250 million (Ss6o9 million) joint venture with British Aerospace pic, vice economics minister Yang Shih-chien said. "In principle, the government supports this project. If the
          Reuter  -  100 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Oil traders hoping North Asia demand will buoy up prices
        606 15 Reuter JAKARTA Oil producers are hoping for a major rebound in North Asia demand this summer to lift prices from their current slump, but signs of recovery are mixed. "We see demand rising from mid-July but at this point we
        Reuter  -  606 words
      • Article, Illustration
        Minor protest
        33 15 NEWTON-LE-WILLOW, England A young protester at a rally against pit closures addressed by miners leader Arthur Scargill last Sunday. About 300 people attended the protest at Parkside colliery, Newton-Le-VV illows, Lancashire.
        33 words
      • Article
        Lock icon Lower Aussie commodity prices predicted
        282 15 Knight Ridder CANBERRA The Australian Bureau of Agricultural and Resource Economics (Abare) yesterday cast a shadow over Australia's economic recovery by forecasting lower commodity prices in 1993-94 (July/June). Abare says the sluggishness in key world economies will result in lower commodity prices in real terms
        Knight Ridder  -  282 words
      • Article
        Lock icon China zinc stocks piling up in Singapore
        317 15 Knight-Ridder TOKYO China's zinc exports have jumped due to the country's need for foreign currency earnings, with much of the metal ending up in London Metal Exchange warehouses in Singapore, regional trade sources say. The Friday report from the LME said zinc stocks
        Knight-Ridder  -  317 words
      • Article
        Lock icon China to pipe gas from C Asia
        273 15 Platts TOKYO As part of Beijing's efforts to forge long-term links among Asian gas producers and consumers while moving away from crude, the China National Petroleum Corp (CNPC) the country's central onshore oil organisation is promoting a "new Silk Road" to connect the
        Platts  -  273 words
      • Article
        Weak US gasoline and crude expiration contract undermine oil prices
        383 15 Bloomberg ENERGY REPORT LONDON Crude oil prices were weaker on both sides of the Atlantic, pulled lower by declining US gasoline and the expiration of the July sweet crude contract in New York. "There is little in the way of
        383 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        168 15 THE US dollar opened unchanged from Monday's level as the market paused for consolidation. The USS/SS opened at 1.6430/25 and was quickly sold to its day's low at 1.6350 by offshore interest and speculators adjusting overnight long positions. Support was found at 1.6350 and offshore
        168 words
      • Article
        Lock icon London
        196 15 Bloomberg Business News LONDON The dollar gained another 1/2 pfennig yesterday, extending the past week's 3.7 per cent advance. The US currency may still break through 1.70 marks as early as this week because it's only a matter of time before the Bundesbank eases credit to shore up Germany's
        Bloomberg Business News  -  196 words
      • Article, Illustration
        Untitled
        1515 15 IraJcoathtni index ivliulalnl axam\l S'porr 'i lop 14 IraJmg partners Haw \var IMS USS/SS forward rates Noon June 22 ss Bid Offer 1-month ***** 1 6413 2-month ***** 1.6413 3-month 1.6397 1.6417 6-month 1.6397 1.6417 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m on Jwm 22: Singapore dollars to
        1,515 words
      • Article
        Lock icon New York
        91 15 AFP NEW YORK The dollar made slight gains against most other currencies early yesterday with the markets calm after the greenback's steep rise of the past two days. The price of an ounce of gold meanwhile fell US$l to US$369. The dollar was quoted at 1.6900 German marks
        AFP  -  91 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end unchanged in thin trade
        1443 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures contracts were thinly traded through the day, as the absence ot fresh incentives and a clear, nearterm direction muted trade. The contract languished in dull dealings, moving in a two-tick band for most of the session as
        Reuter  -  1,443 words
      • Article
        KL tin up 14 sen on buying interest
        569 16 COMMODITY REPORTS Tin THE TIN PRICE on the Kuala Lumpur Tin Market closed 14 sen higher to MS 13.07 per kg on some buying interest yesterday. Dealers said the renewed interest, fuelled by the weaker ringgit. caused the metal to bounce above
        569 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Globex posts record volume
          80 16 CHICAGO Futures and options volume on the Globex after-hours electronic trading system set a record high on Sunday night of 28.273 contracts. Included in the record were 25,266 contracts traded on the Marche a Terme International de France, which was also a new overnight record for
          80 words
        • Article
          Brazil plans coffee meeting
          57 16 BRASILIA Brazil plans to host a meeting of representatives from virtually all the world's coffeeproducing countries in August as part of a campaign to boost prices, a government source said. The source said the purpose of the meeting would be to broaden the base of a
          57 words
        • Article
          Mitsui buys 35pc stake in oil field
          90 16 TOKYO Japan's Mitsui Oil Exploration Co has bought a 35 per cent share in an Indonesian oil exploration block from the British firm Enterprise Oil Indonesia Ltd. a Mitsui Oil Exploration official said. The official said the rights to the Northwest Natuna Block
          90 words
        • Article
          US$60m in coffee bond issue
          47 16 GUATEMALA CITY A Miami-based VeneAlan underwriting company has agreed to isssx USS6O million of Guatemalan coffee bonds, a toffee official said. A ministerial council accepte&Jfcf handling of the bond issue by underwriters Veflbor Partners, said William Stixrud. vice-presidenjypi the Guatemalan Coffee Association.
          47 words
        • Article
          Copper unions maintain stand
          47 16 SANTIAGO The peaceful conclusion schedule for wage talks at Codelco-Chile's Cflttquicamata copper complex shows that Codelco can be efficient without privatisation, a union president said. "We are still opposed to the privatisation of Codelco," said Hernan Santelices. president of Chuquicamata's Union No I.
          47 words
    • Article
      COMMODITY PRICES
      1598 16 Rubber IMS Commodity Exchango (futures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 93 129.00 ***** 129.25 300 2.075 Aug 130.50 130 50 131.25 125 5.000 Sep 132.50 132.50 132.75 400 6.200 Oct/Dcc 0.00 0.00 133.75 0
      1,598 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1083 17 -9.9 Shares closed lower in quiet trade yesterday as a feeling of apathy invaded the market ahead of the end of the financial year. Dealers said there was some profit taking in blue chips, with most weaker after market leader BHP fell sharply. Gold, which has been themarket's saviour
        1,083 words
      • Article
        Manila
        567 17 -4.95 Shares ended weaker as investors kept to the sidelines waiting for news to stir activity, brokers said. A lack of corporate news has dampened the market, said Carol Kabigting of Peregrine Securities. "Nothing was happening. Nobody seemed interested in either buying or selling." said Noel Reyes, vice president
        567 words
      • Article
        Seoul
        487 17 -1-4.56 The stock market finished active trade higher in a day marked by growing individual interest focused on large-capital-isation shares, brokers said. They expected the market to face see-saw battles between buyers and sellers today in increased trading volume. "Investors, backing increasing customers deposits and renewed anticipation of economic
        487 words
      • Article
        New Zealand
        263 17 -2.51 The New Zealand share market finished another quiet session slightly lower and dull trading is expected to continue. The NZSE-40 Capital Index closed down 2.51 at 1.646.28 with around NZ518.8 million traded. "I guess its just pre-budget malaise," John Foreman at Ord Minnett said, describing the market
        263 words
      • Article
        Taipei
        563 17 -11.88 Stocks reversed early gains to close lower as turnover sank to its lowest level since January, brokers said. The Weighted Index, which was up about 14 points in early trade, finished 11.88 down at 4.062.49. Turnover fell to TS 10.03 billion from Monday's T513.89 billion. A technical rebound
        563 words
      • Article
        Bombay
        93 17 30.41 Stocks climbed on support Irom government-owned financial institutions. but market sentiment remains poor amid fears ot political instability, traders said. The Bombay Stock Exchange Index has dropped by more than 180 points since scandal-tainted broker Harshad Mchta said last week he donated 10 million rupees to Prime Minister
        93 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        786 17 Britannia Funds Sterling ash Bid (MTct Mim < JP tVposii WMI«I Mim Jer*» <.ill UIIM) 0 l>N2 Mim Max liKxmr *******) l'S$ ash Income Plus lunJ It) MUO 10 K100 PMRocrwcFund MM MM Sterling Kqait> Ewu Pcr1*wmjfKr 0 4592 OWlfc Fjt EM Fund >s> •»?*> Mm P«tM» I H110 I
        786 words
      • Article
        London
        623 17 +4.2 A late surge by Rothmans gave a sagging UK equity market a fillip that left it off its day's highs but well above the psychological 2.900 level for only the second time since March. Late news that the tobacco group was in talks with Richemont and Dunhill to
        623 words
      • Article
        Paris
        101 17 +6.11 After testing strong resistance at 1.950 points on the CAC-40 index. French shares reduced gains during the afternoon ahead of today's end of the June bourse account. The CAC-40 index closed up 6.11 points, or 0.32 per cent at 1.935.28. Paris Jun 22 l-r \ir-Lnjuuk ""IKUI CM Molri
        101 words
      • Article
        Stockholm
        117 17 -O.Olpc A late rush of foreign-led buying intAst in Ericsson somnolent summer bourse and almost reversed the morning's slowdrip decline. "It was only Ericsson. Foreigners were buying, but it still feels negative in the short term," said one broker. The OMX-index closed at 834.84 points. 0.04 per cent down.
        117 words
      • Article
        Frankfurt
        194 17 +8.26 Share prices fell back in the last minutes of trade, with the DAX ending below 1.700 after having kept above the psychologically important level for most of the session. Bourse lost momentum at the end and profit-takers took advantage of the higher prices. The DAX-30 ended 8.26 points
        194 words
      • Article
        Zurich
        262 17 Shares ended firmer, but oft highs in moderate volume. Dealers said buying interest slowed down in afternoon trading. A lack of sellers, firmer bonds and higher markets elsewhere in Europe gave shares support. Dealers said it was difficult to say in which direction shares would move. One one hand,
        262 words
      • Article
        Amsterdam
        261 17 +2.31 Shares climbed as the dollar reached a 1993 high against the guilder, traders said. The EOE index of the leading 24 Dutch shares closed up 2.31 points at 321.44. Advancers outpaced decliners 18 to 5 and one stock closed unchanged. "When the dollar is at such a good
        261 words
      • Article
        Brussels
        188 17 +6.45 Shares profited from the start of a new forward market trading account, a domestic rate cut on Monday and dollar firmness to close 0.5 per cent up in fairly active trade despite dividend coupon pay-outs for several major stocks. The Bel-20 Index ended 6.45 points up at 1.249.49
        188 words
      • Article
        Johannesburg
        326 17 Gold shares ended just oft their lows in mostly slow trade as the softer gold price took the wind out of Monday's bullish sentiment, dealers said. Industrials remained firm through the day amid a generally positive outlook for the shares. The Gold Index ended 32 points lower at 1.718
        326 words
      • Article
        Toronto
        311 17 15.49 Stocks opened fiat and directionless in quiet trade, dealers said. "There had been strength the last few days in forest stocks, but otherwise it's pretty quiet." one trader said. "Other than that, we are waiting for the Bank of Canada rate this afternoon." The TSE 300 Composite Index
        311 words
      • Article
        New York
        882 17 16.05 Wall Street share prices slipped back yesterday, as investors started to worry about US second quarter company results due to be released next month. At I lam. the Dow Jones Index of leading industrial stocks was down 8.03 points at 3.502.79 in fairly active trading with 80
        882 words
    • Article, Illustration
      Lock icon HONGKONG
      3083 18 Reuter SHARE PRICES closed firmer on the bctter-than-expected results of a government land auction and improved perceptions of talks at the SinoBritish Joint Liaison Group, brokers said. The Hang Seng Index advanced 43.15 points to finish at 7.046.73, after swinging widely from a 22-point loss to a 62point gain.
      Reuter; Source: Bridge Info  -  3,083 words
    • Article, Illustration
      CHINA
      490 18 THE Shanghai B market was very quiet yesterday with over US$5OO,OOO worth of shares traded. The CLSA B share index closed down 3 per cent at 686.83 with No 2 Textile and China TM closing down over 10 per cent. Shanghai Tyre has announced a three-for-ten bonus issue. The
      490 words
    • Article, Illustration
      Lock icon TOKYO
      2524 18 Reuter Stocks ended higher after prices jumped up and down on indexlinked trading shortly before the close. The Nikkei average rose 325.87 points or 1.70 per cent to 19,538.30. Brokers said earlier rebounds in the market were triggered by short-covering to retrace selling linked to political uncertainty. An estimated
      Reuter; Source: Bridge Info  -  2,524 words
    • Article, Illustration
      Lock icon BANGKOK
      1841 18 Reuter SMALL TIMERS joined major investors in an index-buy-ing spree to drive shares higher across the board with the stock indicator closing above the 900 point level for the first time in two months, brokers said. The SET index rose 15.59 points, or 1.76 per cent, to close at
      Reuter; Source: Bridge Info  -  1,841 words
    • Article, Illustration
      Lock icon JAKARTA
      1097 18 Reuter STOCK PRICES closed mixed in fairly active trade dominated by bu\ing interest from foreign investors, brokers said. "Buying outweighed selling interest among foreign players. But. investors in general were still very cautious." one broker said. Panin Bank still attracted many buyers and its price jumped 125 rupiah to
      Reuter; Source: Bridge Info  -  1,097 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2304 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume PnwiKi M.NW.UM LicaHac HM «*> ta Mm )J*M FMISK 4.401 mm Bowtcatf Mt 4J4MOO Roma tthJ -xv 4 04* 000 UmlMSfe U4Hll(l KiKrliriHip UttM Johan Hldgs MK. 2.*****0 Bcrj.iv.1 (inxip 2JWJ00 \MI>B MK 2.IS7M* MBt apilal 2.111.000 kaniunting ><k
      Source: Bridge Info  -  2,304 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Investors cautious following official warnings
        5325 19 Bernama SHARE PRICES closed broadly lower in fairly active trading as most investors turned cautious following hard-hitting remarks by the authorities reminding public-listed companies of the need for timely disclosure. The K.LSE Composite Index dropped 10.29 points to 724.96 from last Friday's close despite opening
        Bernama; Source: Bridge Info  -  5,325 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Share prices drop on technical correction
        1145 20  -  By Teh Hooi Ling TECHNICAL correction sent Singapore share prices down across the board yesterday, with the key Straits Times Industrials Index (STII) falling below what many analysts called the "support level of 1800". STII plunged 31.81 points to close at 1787.68. All other
        Source: Bridge Info  -  1,145 words
      • Article, Illustration
        Lock icon Amalgamated Steel
        65 20  -  HOT STOCK Quak Hiang Whai AMALGAMATED Sled Mills rose from below $1.40 this year to the current level. While the uptrend looks intact, the stock needs a temporary correction. Daily and weekly RSis look headed downwards with the stock moving towards an immediate target of $1.72. The nineweek
        SOURCE: BRIDGE INFO  -  65 words
      • Article
        Untitled
        6774 20 I MAIN BOARD Gr Cf 1992/93 Last V ol Day Last Di* Di« > W Net M («p High Low (onput Sale ("000) H«h Id. Bayer Setter CV P/E Smil INDUSTRIAL AND COMMERCIAL 770 260 Aetna 700 xd -25 87 715 690 690 700 12.5 2.1 1.8 30 1 482
        6,774 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      28 9 SELLING POINT If ever you have to sell ice to the Eskimos, let us offer you a pointer or two. Advertising Marketing. Every Friday. m Business Times HIMWAW
      28 words
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      74 10 Dividends table has been held over TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 This advertisement appears for the purpose of record only. m m First Capital Corporation Ltd (Incorporated in the Republic of Singapore) ISSUE OF 100,000,000 6.25 PER CENT. REDEEMABLE CUMULATIVE PREFERENCE SHARES OF $0.01 EACH AT $1.00 FOR
      74 words
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      Page 10 Advertisements Column 2
      266 10 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 NOTICE OF SALE BY TENDER LOTS 76 22 and 79-15 MUKIM 25 (SINGAPORE) DESCRIPTION OF PROPERTY Vendors The Official Assignee (as Receiver of the property of Mohamed Yunos bin Haji Vali Mohamed also known as Mohamed Yunos Valibhoy, a bankrupt in Bankruptcy No.
      266 words
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      142 11 From Firm Foundations To New Frontiers. rl| -j, rj J TC Jurong Town Corporation (JTC) has come a long way both within and beyond Singapore. Central to JTCs mission is in twenty-five years. To commemorate this anniversary, it has our commitment to providing higher product and service quality, launched a
      142 words
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      61 12 In Pursuit of Excellence AMMB Holdings Berhad For outstanding management of the Company's assets, liabilities and I equities, in keeping with the shareholders' best long-term interests. I Awarded by the Asian Institute of Management. I We are glad to share this success with you as we continue in our efforts
      61 words
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      Page 13 Advertisements Column 1
      436 13 Laser quality 1 from inkjetprmter I 1 I 11 V -rZrg&r <= ;,il vTp s i 1 V 1 ,s v m oNV v ft sikiiJMk o° < ■i T T he »>«»»•• "*ss m'^'^Lcv™! MSS®- a #V.«£ 2sus««h fecr s ssf^:E Xt is rea y batch of signer ana
      436 words
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      741 14 Union Bank of Switzerland Balance Sheet as of December 31, 1992 Assets* Liabilities 1991 1992 1991 1992 Million Swiss Francs Million Swiss Francs Cash, clearing and postal checking accounts 1,668 1,526 Due to banks 51,667 50,438 Due from barks 37,241 32,625 Due to banks on demand 5,070 4,402 Due from
      741 words
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      Page 14 Advertisements Column 2
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      92 words
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      Page 15 Advertisements Column 1
      94 15 unS PROMARK The most versatile |j| fluorescent markers 111 that work on Bl any paper. Hi Colours will not change on heat-sensitive yj| facsimile paper. Ink will not erase text on the second leaf of MsMm NCR paper. Bfll Ink features extremely strong resistance to KVI fading or discolouration by
      94 words
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      Page 16 Advertisements Column 1
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      156 words
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      Page 16 Advertisements Column 2
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      40 words
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      28 words
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      66 words
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      42 20 HHwJCBg Mondial. The source for the acquisition of internationally tSb |certified G.1.A., H.R.D. H and 1.G.1, diamonds, emeralds ||JHH K and other gemstones. f Main Showroom: Mondial Promenade 300 Orchard Road *01-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737 5138
      42 words
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  • SPORTS
    • Article, Illustration
      Lock icon Janzen: a champ that won't fade away
      668 21 US Open Golf NYT SPRINGFIELD. New Jersey For all the richness of the Baltusrol Golf Club's storied past, its seventh US Open filled the golf horizon with thoughts of the future. That was because the winner. Lee Janzen. showed the kind of poise,
      NYT  -  668 words
    • Article, Illustration
      Lock icon Becker sails through to join Sampras, Graf
      585 21 Wimbledon AP. Reuter WIMBLEDON, England Boris Becker dismantled the unpredictable threat of fellow German Marc Goellner to join Pete Sampras and Steffi Graf in the safe haven of Wimbledon's second round yesterday. Becker, faced with a younger opponent known as "Baby Boom Boom"
      AP.; Reuter  -  585 words
    • Article, Illustration
      Lock icon Accomplishing history
      914 21  -  NBA Finals Clifton Brown on whether the Bulls rank among the league's elite Clifton Brown NYT NEW YORK With three consecutive championships and a young nucleus capable of winning more titles, the Chicago Bulls are secure about their place in history. Countering arguments that they do not measure
      NYT  -  914 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        60 21 AFP WASHINGTON American league Monday: Cleveland 3 Milwaukee 0; Chicago 7 Texas 6: California 4 Kansas City 3: Boston 6 Minnesota 3: Oakland 5 Seattle 3. National: Chicago 5 Pittsburgh I: St. Louis 4 Honda 3: NY 8 Montreal 3; Atlanta 8 Philadelphia I; Colorado 5 Cincinnati 4 (in
        AFP  -  60 words
      • Article, Illustration
        Lock icon Cricket
        192 21 Reuter ADELAIDE, Australia Australia should schedule only three tests for England's next tour here because of the dismal state of English cricket, former Australian test wicketkeeper Rodney Marsh suggested yesterday. Marsh is head coach of the Australian Institute of Sport's cricket academy which has produced current tourists Shane Warnc.
        Reuter  -  192 words
      • Article, Illustration
        Lock icon Golf
        49 21 AP HAKL'I, Japan Asia/Japan qualifying for the 122 nd British Open final scores Tuesday (Japanese unless noted; q-qualified): 137 q-Yoshinori Mizumaki 66-71 138 q-Takaaki Fukuzawa 70-68 139 qRyoken Kawagishi 70-69 140 qKatsuyoshi Tomori 70-70. q-Nobo-ru Sugai 66-74 141 Paul Hoad (GB) 72-69. Fumiaki Matsutaka 69-72. Kivoshi Murota 69-72.
        AP  -  49 words
      • Article, Illustration
        Lock icon Rugby
        71 21 AP NAPIER, New Zealand Provincial team Hawke's Bav rallied from a 12-point half-time deficit yesterday to defeat a second-string British Lions rugby union side 29-17 at McLean Park. The victory was the first for Hawke's Bay in eight meetings with the Lions, while the tourists suffered a damaging blow
        AP  -  71 words
      • Article, Illustration
        Lock icon Tennis
        397 21 AP. AFP IONDON Wimbledon Championships selected Ist rd singles luesdav (\-seed) Women's: Rachel McQuillan (Aus) b Jenny Byrne (Aus) 6-4 6-2: Mana Endo (Jap) b Karen Cross (GB) 6-4 6-3; Judith Wiesner (Austria) b Stephanie Kottier (Hoi) 6-1 6-4: Zina Garrison-Jackson (US) b Sabine Hack (Ger) 6-2 7-5; Conchita
        AP.; AFP  -  397 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      32 21 FINANCIAL NEWS I A quick look at the markets Call 24 hours a day for mid-day reports of SES KLSE and closing reports of the world markets. Cost: 30 cents per minute
      32 words
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      Page 21 Advertisements Column 2
      328 21 B^^^SSTM^ES 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 VIC TECHNOLOGY |S) PTK LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held al 336 Smith Street #06-308 New
      328 words
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      Page 21 Advertisements Column 3
      334 21 1 OFFICIAL NOTICE We, Hann Linn Pte Ltd. of 21 Collyer Quay *15-01 Hongkong Bank Building. Singapore 0104, hereby give notice that in the consequence of the change of ship's name, we have applied to the Registrar of Singapore Ships, under Section 386 of The Merchant Shipping Act (Chapter 179)
      334 words
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      Page 21 Advertisements Column 4
      169 21 IN THE MATTER Of THE COMPANIES ACT.CAP. SO AND CAROPRO INTERNATIONAL PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of The Companies Act, Cap. 50, that the Final Meeting of the above named Company will be held at 145AJalan Maharaplela 501 SO Kuala Lumpur
      169 words
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      Page 21 Advertisements Column 5
      482 21 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF G-STAR PTE LTD (In Creditor*' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Chapter SO. that a Final General Meeting of the abovenamed Company will be held at 9 Penang
      482 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      834 22 Null king Beats A Bud. WHERE to wine, dine and entertain I Taiwan Porridge Supper till 4 am Head for our All-you-can-eat Taiwan Porridge when hunger pangs strike. For $15++ per person, indulge in unlimited servings of your favourite items. Daily from 12 noon to 2.30 pm and from 6.30
      834 words
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      Page 22 Advertisements Column 2
      333 22 %W£!NTC THEItynWENT.^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm to 10.00pm 7rtl Ira Om*» Union How. CoHyrt Quay 0104 Trf 12*'AU r< *> rw
      333 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Movie mementoes for a song
      700 23  -  The Italian film industry, hit by hard times, is selling its props at a big discount Samaritha Conti attended one of the auctions Samantha Conti Reuter HARD limes caught up with Italy's film industry this month when the country's biggest supplier of movie props began
      Reuter  -  700 words
    • Article, Illustration
      Lock icon Casual Rea turns male fashion model in GQ
      551 23 CHATTERBOX NYT AP AP AP Reuter IN The PLAY Someone Who'll Hatch Over Me, Stephen Rea wore shorts and sneakers. In the film The Crying Game. he wore the nondescript garb of an Irish Republican Army terrorist. So it comes as something
      NYT; AP; Reuter  -  551 words
    • Article, Illustration
      Lock icon Russian treasures threatened by fire and flood
      493 23  -  Matt Bivens is acutely aware that the priceless art works in St Petersburg are in danger of being destroyed unless steps are taken to prevent a cultural calamity Matt Bivens AP RARE books, priceless paintings and irreplaceable historical documents are in danger of
      AP  -  493 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1181 23 TV RADIO The Octagon, 10.30pm, SBC 5 flßjf arts champ. IJT on |^P It seems the ninjas are running B a school for terrorists. This 1980 Hick is wildly improbable w but highlv stvlised. L LJp Asia: America's Partner or Ad- versary?, 8.30pm, SBC 12 A forum on the prospects
      1,181 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      City of despair
      1857 24  -  Inside India Special to BT DOM MORAES DOM MORAES The writer, a celebrated Indian author and poet, has written a political biography of former Indian prime minister Indira Gandhi, and several books on Asia. Among his accolades is the British Hawthornden prize for poetry. He lives in
      1,857 words
    • Article, Illustration
      Your Accidency, the prime minister
      1392 24  -  Special to BT BHABANI SEN GUPTA BHABANI SEN GUPTA The writer, a research professor at the New Delhi-based think-tank. Centre for Policy Research, has written several books on Indian and regional politics, and his latest book is called Rajiv Gandhi: A political studv ON June
      1,392 words
    • Article, Illustration
      Return to Paradise Island?
      1702 25  -  Inside Sri Lanka Special to BT CANAGARATNAM GUNASINGHAM CANAGARATNAM GUNASINGHAM The writer is the director of the Colombo-based Institute of Indo-Pacific Studies. He served as an economic adviser to former Sri Lankan President Junius Javewardene from 19X3-XX. and thereafter worked as an adviser to late President
      1,702 words
    • Article, Illustration
      The case for a South Asian economic bloc
      1536 25  -  FACE TO FACE Edmond Jayasinghe. Sri Lanka's ambassador to Japan, explains to Harish Mehta why South Asia must become an economic growth zone Harish Mehta Q: Could you flesh out your ideas on how South Asia can become the next region of
      1,536 words
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  • Article
    Political revolution in Japan
    476 26 EDITORIAL CONVENTIONAL wisdom had it that Japanese ruling party politicians were too comfortable and entrenched in the established order of things to want to rock the country's scandal-ridden political institution. It was also said that the Japanese electorate would continue to tolerate the excesses of the
    476 words
  • WHAT THE OTHERS SAY
    • Article
      Stand by your woman, man
      196 26 SINGAPOREANS were reminded again recently of worrying trends that, if not corrected, would undermine the Singapore family. They are: an increasing proportion of single women over 35, women having fewer children on average, and a rising divorce rate. To blame these changes on the fact
      196 words
    • Article
      The significance of Hijrah
      142 26 FOR MUSLIMS all over the world, yesterday was their New Year Day or the begining of Hijrah. Hijrah commemorates Prophet Muhammad's journey to Madinah in a peaceful and strategic move to avoid persecution from the pagans in Mecca. However, the journey symbolises more than that. It
      142 words
    • Article
      Cities are for people
      182 26 PUBLIC SPACES are places where people go for a specific purpose. For peace of mind people go to parks; for festivity and celebration, to city squares; and for trading, to marketplaces. We spend our time in these public places because we want to, and not because
      182 words
    • Article
      Signpost to the future
      178 26 OVER THE WEEKEND, officials of various Chinese government agencies and officers of the Hongkong Stock Exchange signed a memorandum of understanding on securities regulation. This is a noteworthy financial agreement, for it lays down the conditions under which mainland state-owned business can list on the Hongkong
      178 words
    • Article
      More support for sports needed
      148 26 EVERYONE has his own views on how to raise the standard of sports in the region. But an overhaul of the sports system is probably indispensable. After winning the 50-metre freestyle, Ang Peng Siong's first reaction was that there may now be hope for Asian
      148 words
    • Article
      Mind the children
      207 26 PERHAPS the most heart-rending aspects of the exploitation of children are the enslavement of innocence and the robbing of love. Growing up defiled amidst the plenty of a large part of Malaysian society tugs at the collective guilt and sentimentality of the conscientious. The whole gamut of
      207 words
  • Article
    The former comrades aren't too chummy
    1186 26 Disputes between Russia and Ukraine concerning money, the military and ethnic Russians in Ukraine are proving intractable. The Economist reports CAN Russia come to terms with its loss of empire without a war? The answer to this question lies in Ukraine. After three centuries
    1,186 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      153 26 Investment and Finance Supplement 93 Wondering where to put your money? Properties or stocks? Singapore or overseas? Keen on gold but not sure how to invest? This year supplement: "Investing around the World" will explore these and more. Other money-making topics include: Stocking up stocks experts review opportunities in Singapore,
      153 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      103 26 UFe is OPtKitfG Up. C*TcHiHG I SUPPO-S£ I L\K£ IT" Fo^ TodKn/ rro CbO*riG T£pvitf "TO Fn GHPvSTLV p^ LL TU£ v>i£ovlG <?efiSotfS fo off»ce fro stuck eewND Lire P«TMGIiC UtTie DeSK P*ND Foßcei> TO SLOG GUIS OUT so Tuprr eusc cp>m j.~ \*m fOk vDv ON PvND Cf\ViP£ TU£.t*J
      103 words
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  • ANALYSIS
    • Article
      The death knell has sounded for the LDP factional structure
      901 27 In an editorial on Monday, Asahi Shimbun hailed the way Japanese politics is rapidly changing without electoral reforms POLITICAL dynamics sometimes result in drastic changes far beyond usual predictions. Fifty-five Liberal Democratic Party (LDP) Diet members revolted against their party
      901 words
    • Article, Illustration
      Watch out for a recovery in Japan soon
      1526 27  -  Interview with the Japanese Minister for the Economic Planning Agency YANG RAZALI KASSIM THE COLLAPSE of the Miyazawa government can be traced to the defection of a small but influential reform group from the Liberal Democratic Party, leading to a passing of
      1,526 words
    • Article
      Lock icon Fresh visions of Japan Inc emerging
      611 27  -  Andrew Pollack discusses the fallout of the political tumult in Japan Andrew Pollack NYT FOR four decades. Japan Inc has been supported by a triad consisting of a single political party, a powerful bureaucracy and wealthybusiness organisations. Now. one leg of the stool, the
      NYT  -  611 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      105 27 MARITIME m CHALLENGES^ A Special Business Times Supplement June 29, 1993 The maritime industry is a key element of the Singapore and regional economies. But maritime companies face stormy seas. Shipping lines are plagued by depressed rates and over-capacity in some markets. At the same time, oil spills have focused
      105 words
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  • Article
    US public panel recommends lifting embargo against Hanoi
    447 28  -  From Leon Hadar in WASHINGTON A PUBLIC panel chaired by former Senator and Secretary of State Edmund Muskic has proposed that the United States lift its embargo against Vietnam and move to normalise trade and diplomatic tics with that country. Its proposal
    447 words
  • Article
    Lock icon World's business associations say Tokyo meeting last chance to save Gatt
    382 28 AFP TOKYO This week's meeting of four leading trade powers here could be the last chance to save the Uruguay Round of talks under the General Agreement on Tariffs and Trade (Gatt), their main business organisations said yesterday. "The
    AFP  -  382 words
  • Article
    Lock icon China a step closer to creating shadow HK govt
    221 28 AFP BLIJING China's Parliament took another step yesterday to creating a shadow government for Hongkong before its return to Chinese rule in 1997. The National People's Congress (NPC) standing committee. at a meeting, deliberated the formation of a preparatory work organ
    AFP  -  221 words
  • Article
    Lock icon US budget deficit widened to US$211b in May
    238 28 UPI WASHINGTON The US government, sinking deeper into red ink. spent nearly USS37 billion (5560.7 billion) more than it collected in May, and pushed its budget deficit for fiscal 1993 to USS2II billion. The Treasury Department's monthly budget figures, released yesterday, showed
    UPI  -  238 words
  • Article, Illustration
    Riding the US locomotive out of the recession
    834 28  -  The Bottom Line PAUL SAMUELSON PAUL SAMUELSON The writer is an economist at the Massachusetts Institute of Technology. This commentary first appeared in the Los Angeles Times A SCIENTIST in chemistry can write an article and know that it will remain valuable
    834 words
  • Article, Illustration
    Lock icon German economy likely to be at its worst since WWII: Bundesbank
    438 28 Reuter FRANKFURT Germany's economic performance this year would be its worst since World War 11, a senior Bundesbank official predicted yesterday. But he added that he saw signs of improvement and warned against excessive pessimism. "The overall economic situation
    Reuter  -  438 words
  • Article
    Lock icon Foreign banks played big part in Indian stock scam: panel
    302 28 Reuter NEW DELHI A parliamentary panel investigating India's US$l.2B billion (SS2.I billion) securities scandal says foreign banks played a major part in the scam. The United News of India news agency yesterday said the draft report of the Joint Parliamentary
    Reuter  -  302 words
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  • Shipping Times
    • Article, Illustration
      PIL in pooling arrangement on Chittagong route
      403 29  -  By Juliette Walker SINGAPORE Singapore's largest privately-owned shipping line, Pacific International Lines (PIL). has entered into a pooling agreement on the Singapore-Chittagong route in a bid to strengthen its competitiveness. In mid-May, PIL tightened its cooperation with locallybased common feeder operator ASXCL Shipping
      403 words
    • Article
      Lock icon Begemann to pay for stake in Boelwerf
      438 29 Reuter AMSTERDAM Industrial group Koninklijke Begemann dismissed press reports it was dragging its feet over payment for its February acquisition of 51 per cent of Belgian shipyard Boelwerf Vlaanberen. saying it would pay in August. "The money will be paid after approval of
      Reuter  -  438 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1097 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Africa Container 15 3 Ahrenkiel Liner 4 1/2 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Appenship 18 1/2 Arabian Express 15 5 ASCL 5 5 Asian Breakbulk 15 1 ASXCL
      1,097 words
    • Article
      Magazine to hold marine insurance conference
      196 29 SINGAPORE Asia Insurance Review, a Singapore-based professional insurance magazine, will launch its first marine insurance conference in November. In a statement issued recently, the Rcvieh said the conference will allow buyers and sellers of insurance to meet, discuss the issues facing the industry and
      196 words
    • Article
      Lock icon Optimism over green tight for HK's Terminal 9
      333 29 South China Morning Post HONGKONG Members of the consortium charged with developing Hongkong's ninth container terminal. CT 9, are waiting with interest for the outcome of the Joint Liaison Group (JLG) meeting in Beijing. during which the land grant for the project
      South China Morning Post  -  333 words
    • Article
      Philippines to raise handling rates
      288 29 SINGAPORE The Phippine Ports Authority plans to raise cargo handling rates at Manila International Container Terminal and the South Harbour. According to a report in Hongkong-based Cargonews Asia, the authority's assistant general manager for operations Vicente Suazo had recommended a 65-per-cent hike in rates for
      288 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        517 30 /essd Voy No Berth Arrival Departure lurong Port WteOawn 2/0 28A 19 alongside 2306 0700 Bmtan MuM 06 02 93 II alongside 23 06, 2300 Hye Meko 80 93 ft alongside 2306 0300 Shut Mega 13/93 13 alongside 23 06 2300 202 15 2306 1000 2306 2000
        517 words
      • Article
        CONTAINER SCHEDULES
        1594 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookin(/Balance RsJts Ship Voy No Etto/Btr Period From To From Aci Rose 41B 25 1800 2 22/1700 23/0659 23/0900 3 23/0700 23/1159 23/1400 4 23/1200 23/1459 23/1700 Ao S»an 71* 23/1500
        1,594 words
    • Article
      THE SHIPPING GUIDE
      11971 38 This is a list of ships loading at I 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
      11,971 words
    • Article
      DAILY FREIGHTS
      990 45 THE BALTIC Freight Index for spot dry cargo shipping rates fell to 1,518 on June 21 from 1,522. Continental Grain was rumored to have covered a late June-early July Panamax grain cargo from the US Gulf to Japan at a steady rate. The charterer had been quoting 52,000
      990 words
    • Article
      TRANSPORT DIARY
      863 45 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,
      863 words
    • Article, Illustration
      Lock icon Trade of discontent
      1212 46  -  Services are limited. New tonnage is prohibitively expensive. Competition is not on an equal footing. Where do Indonesia's inter-island operators go from here? Diana Thomas reports Diana Thomas Lloyd's List Maritime Asia INDONESIA'S domestic shipping industry is in a critical condition. The inter-island sector has been deteriorating
      Lloyd's List Maritime Asia  -  1,212 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon M'sian truckers say licensing board must improve service
        718 48 MBT KUALA LUMPUR Lorry operators, truck suppliers and chassis builders in the south are fuming over what they see as poor service by the Commercial Vehicle Licensing Board (LPKP) branch office in Muar. The trucking industry said they had put up enough
        MBT  -  718 words
      • Article
        Lock icon Ford ventures into China
        273 48 UPI BEIJING Ford Motor Co announced on Monday the launch of its first dealerships in China and said it would sell five car and minivan lines, completing the plunge by all three US automakers into the Chinese market. "Ford is open for business in China," said
        UPI  -  273 words
      • Article, Illustration
        Lock icon GM to shift production of Cavaliers from Mexico to US
        324 48 UPI LANSING, Michigan General Motors announced tentative plans on Monday to transfer some production of its popular Chevrolet Cavalier to Lansing. Michigan, from Ramos Arizpe, Mexico, creating 800 to 1,000 US jobs. "This is an extremely competitive environment, but... we
        UPI  -  324 words
      • Article
        Lock icon Four major US airlines cut summer fares
        383 48 UPI NEW YORK Major US airlines, scrambling for scarce travel dollars, launched a major fare sale on Monday the second summer fare sale of the year although summer only officially arrived shortly before dawn. Northwest Airlines, the nations fourth largest carrier, got the
        UPI  -  383 words
      • LOG BOOK
        • Article
          Lock icon Samsung wins US$150m tanker order
          65 48 Reuter SEOUL South Korea's Samsung Heavy Industries said it won a US$l5O million (***** million) order to build two very large crude carriers for Yukong Ltd oil company. A Samsung spokesman said the 278.000 dwt tankers would be able to carry two million barrels of
          Reuter  -  65 words
        • Article
          Lock icon Shipping Arm buys controlling stake
          98 48 AP PIRAEUS, Greece A Greek shipping company bought a majority holding in the Romanian state shipping company Petromin for US$355 million (***** million), a company source said on Monday. Forum Maritime, based in this port city acquired 51 per cent of the Romanian company in
          AP  -  98 words
        • Article
          Lock icon French dockers call for 24-hour strike
          105 48 AFP PARIS The CGT national federation for ports and docks called on dock workers on Monday for a 24-hour national strike today, the labour organisation announced here. It said the more was a warning to Unim, the port handling employers' organisation, and a signal
          AFP  -  105 words
        • Article
          Lock icon Delta Queen to acquire cruise company
          88 48 Bloomberg Business News NEW ORLEANS Delta Queen Steamboat said it plans to acquire American Hawaii Cruises for undisclosed terms. To resolve ownership and other legal problems, American Hawaii's secured lenders filed for involuntary bankruptcy protection on Saturday. The secured lenders and labour unions at
          Bloomberg Business News  -  88 words
        • Article
          Lock icon Viper car production delayed
          76 48 Bloomberg Business News DETROIT Chrysler Corp said on Monday that it will not meet its target of building about 3,000 Dodge Vipers in 1993 because of quality problems with the hood assembly supplied by Rockwell International Inc. Chrysler spokesman Tom Koweleski said that Rockwell had problems
          Bloomberg Business News  -  76 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1324 48 at| nm no nm n®_ i Abu Dfcabi GA893 1335 Mjjdjk SQ227 2230 human RJ183 2335 Amsterdam KL831 0935 SQ324 2230 SQ323 1725 KL832 2310 Auckland NZ21 1820 NZ22 1935 SQ228 2025 jtofcgjw GF149 0650 B Seri Bagawan BI421 1105 SQ182 0915 SQ181 1410 B1422 1205
        1,324 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      57 29 "WJg VITAL UK m MALAYSIA" Rari-lmk Expraca provides a total service io uvt your money. lima and worry a* *w de*rv«r your joon speedily and peomptfy to your destinations in our organsad Malaysia road networks Rail-Link Express (S) Pta Ltd Tal: 154-1223 Fax *****10 OUR SERVICES... £xpr»ss Parol Bulk ContoUdation
      57 words
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      Page 29 Advertisements Column 2
      26 29 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore vXQMfi National Shipping Association for advertising enquiries, contact Shipping Tmes: Tei 740-2089/740-2090
      26 words
    • Advertisement
      Page 29 Advertisements Column 3
      147 29 jjyt; ySa Ensure optimum yj& Kfei jjSd protection for your W& II flßfl cargoes during HBflKlHi transport at low costs. FUJI TRADING (SINGAPORE) PTE LTD V^- 1 TEL: *****55 FAX *****43 Trade of discontent Page 18 •Malaysian truckers fed up, Back Page MARITIME m CHALLENGESKgJ A Special Business Times Supplement
      147 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      458 30 TSKUNE AGENCIES (S) PTE. LTD. rI 1 \7 "W TmTTI Tel: 226-3363 nVW J. #3#JV# JLUNUr \-2£tT\j -7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I tffttTS B> HOH6KOWG. IttHtA. TAIWAN WAN "TWICE Wfflar ~J 'JSjfiJj "urn! 'Vm' jlVm'" sign T SSNm'" iMrf# laimt jmg Jr*****
      458 words
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      Page 30 Advertisements Column 2
      1509 30 gwnyy .i ~1° i CAL.IEORMA PEGASUS 14 23 246 10 7 I 12.7 14 7 15 7 I 14 7 IS 7 15 7 16 7 17 7 TWSTE *10 525 216 112 7 16 7 19 7 20 7 22 7 23 7 24 7 25 7 19 7
      1,509 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2577 31 —I OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN. BHD. TEL: *****13 FAX *****42 PETALING JAYA TEL: 03-*****76 FAX 03-*****42 DOCUMENTATION TEL: *****64 FAX *****09 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 JfIRT BOOKINGS TEL: *****80 *****81/ *****82 IPOH TEL: *****3/4 FAX *****6 CFS (PSA F5)
      2,577 words
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      Page 31 Advertisements Column 2
      2048 31 ■nimHiiwi-i 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 Vesml Voy ETA ETD Fee<ter by DESTINATIONS Th« »ee« MAYVItW MAERSK 9306 06 o#oo mrs CfS 28/06 2359 MRS JOH LPK PEN OAK LGB MOU MEM ATI MIA CHS
      2,048 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1736 32 AQABA R OAM/ 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 PoM 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
      1,736 words
    • Advertisement
      Page 32 Advertisements Column 2
      604 32 z»z FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok. Moscow. Tashkent, Kiev. Minsk. Riga, Baku, Irkutsk, Aim* Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD nouakchott-banjul-bissau-luanda-bata Feeder Ve»»el ETA SIN VILLE DE SIRIUS V9129W
      604 words
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      Page 32 Advertisements Column 3
      1199 32 REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* VAL* LHA HAM BRE# ROT ANT# FEL NORASIA SUSAN 9323 3 25/06 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.9325-3 08/07 31/07 07/08 08/08
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      Page 33 Advertisements Column 1
      1996 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppcl Towers Singapore 0208 Tel: *****88 Fax: *****17 MKW CMHNKA LMil RAMH BROOKE *15t Muara. Lab 21 23 km 24 lun 25 km fCL. LCI CONTAMCH AND MCAKBM.K KRVICf TO PAPUA NEW OUWEA KRtS ML RUB) VO9C KK. Skan. Taw 25-26
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      Page 33 Advertisements Column 2
      2561 33 SINGAPORE AGENT: IJJvtI 1 l Atlf 01 n/\f»c P&O Containers (Singapore Agencies) Pte Ltd X ULV/ 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z IUBABt ———————y————— ——^MPORT^^^ V(IHI »OT FiSo -r*a mm uo ku «n
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      Page 33 Advertisements Column 3
      81 33 mBINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD SMGAPORE 0208 TEL: *****88 TLX: R*****5 SINMER FAX: *****64 ACCEPTS PORTS OF CARGO STORE KSTMATION tOCURT JADE *121 hi Pt-24 JIM Mora. Übuar BMTANC SOUA VI2E 21-29 JUN 29-30 JUN Brtfc. Mr KBcM IOCURT PEARI VIS 30-01 U 02-03 U Muara. labuai
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      Page 34 Advertisements Column 1
      771 34 I g TO eur6pe [WWISMIS-iS^ffAiIgI^^SERVTCE I m I xn JWB WMM MM HIK annul MTWW I SOI mAU 37W8 21/6-2/7 31/7 S/t 10/1 13/« I KUTAI V2IHB IK-im 19,<» Till 30/1 4/9 |k TO AUSTRALIA EAST COAST POUTS «l VOT PKI SPOtt STD 1 MU.B I BMS FRE ADtl mo
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      Page 34 Advertisements Column 2
      2152 34 1 1 0 HANJIN SHIPPING EM VSL 5 l*E HAUL SEA PM 'OR VSI SN |UE HAUL SAV KM NYC HANRN BREMEN 008E 23 6 OWECT 15/7 17/7 HANAN BREMEN 00« 23 6 H SAVANNAH 03* M/ 7 JO/7 1/1 HANJIN HAMBURG 014E 1 7 WRECT 22/7 24/7 HANJIN HAMBURG
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      Page 34 Advertisements Column 3
      1471 34 =1 ;TH ;N Ipkl sgp use wc kig nnaiWH nowaiw iißWMnwKnicigm GLORY «Oil 22 t 24,6 24/6 M/ 6 2/1 S/7 6/7 4/7 9/7 H/7 12/7 23/6 4/1 6/0 7/1 17/1 10/0 1» 20/1 21/4 31/0 10/» 14,<» IS/9 i aimr«o42 n,t »t 5/7 m mi un 11/7 is/7 ic/7
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      2037 35 PLEASE CALL II I NEPTUNELINK (1800 *****00 TOLL-FREE) U iSSSSL JI FOR THE FOLLOWING INFORMATION: HI **9p VESSELS ETA/ETD/EXCHANGE rates/shipping services/ I freight charges payable/store rent charges/ M availability of documents for collection H ZL—————— USEC CANADA N FEEPEW VESSEL VOY PEN PKO MOTHER VESSEL VOY SCP LOS OAK VAN
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      Page 35 Advertisements Column 2
      1276 35 SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD I BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****33 I BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 I INWARD: *****81 OUTWARD: *****80 TRANSHIPMENT: *****78 I KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 I PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 I MARINE
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      1645 36 W- ASAoENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W m TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I T Mi MALAYSIA: LINE MARITIME (MALAYSIA) SON BHO I TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU 5 8625/6 I INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL: JKT *****76.
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      Page 36 Advertisements Column 2
      647 36 PHIII-OniCNT LINGS PT€ LTD r 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 24 JUN SYDNEY, MELBOURNE. BRISBANE, FREMANTLE 1 AUCKLAND, WELLINGTON, LYTTLETON, NEW PLYMOUTH, NAPIER, CHRISTCHURCH 2 JUL SUVA.
      647 words
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      Page 36 Advertisements Column 3
      443 36 golden line^N wcgSV guan guan shipping Ev<\ (PTE) LTD 23. TcM h* Street SMGAPOK 0104 m 534 mi (II LIB) fat: *****04 (CI Na. III2MSMMW) 6TIIAIT6/PEIt6IAK CULT 6KKTICK S pore P Kelang Penang GOUO KM Karach. Dub). 21 30 fai sou** nmkst fur** Mxa o/io ut CHINA 6ERTICE GOIOCN WONKI
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      Page 37 Advertisements Column 1
      971 37 ssasfliy PACIFIC INTERNATIONAL LINES (PTE) LTD "-""""jQ 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO *****67Q000C VESSEL VOY SIN RKK SIN VESSEL VOY JKT SIN cft..»T« D cu »..r. KOTA SINGA 3361 27/6 30/6 4/7 EQUATOR EMERALD 04N 24/6 27/6 1/7 BUNGA TERATAI 3363 2»/7 2/7 6/7
      971 words
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      Page 37 Advertisements Column 2
      1721 37 VISSIIS VOT 5 mm SPORE HAMBURG ROTTERDAM ANTWERP THAMES IE HAftVE WILE OC SNS 0129W I »/0t 23/01 2V07 2*/07 27/07 23/07 Wilt OE VENUS )22)ll 03/07 30/07 01 01 02/00 03/00 05/00 "pOI~EAST 7229W U/07 06 00 ~00 01 MOO 10/00 12/00 WILE OE FONTAM M29W 10/07 13,00 15/00
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      Page 37 Advertisements Column 3
      427 37 BSA n. mm MYANMA pHU FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KI| Pen P Gdf LOMAW VI99W In Port PAGAN VI9BW SM In PI HPA-AN VI92W 30/02 Jul PAGAN ¥199* 06 08 Jul MALAYSIA AGENTS BOUSIEAO SHPPHG AGENCES mi ra. 03-*****00 PKI m 03-3(1(767
      427 words
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      Page 40 Advertisements Column 1
      2497 40 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chiso Shipping Sdn Bhd P.T. Global Pntra Indonesia Maritime Costar Shipping Pte Ltd SAW** Freight Cootre S* BM St Peniaron *»h Mo4a Mvu Lot 3.34, 3rrf floor. 11. H luaodo IH 23
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      Page 41 Advertisements Column 1
      658 41 (EL FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 28/06 ROTTERDAM 26/06 AARHUS/COPENHAGEN 28/06 HAMBURG/BREMEN 28/06 MARSEILLE/FRANCE 24/06 FELIXSTOWE/UK 28/06 BARCELONA/SPAIN 24/06 LEHAVRE/FRANCE 28/06 GENOA/ITALY 26/06 ANTWERP/BELGIUM 28/06 LOS ANGELES/WC/IPI 01/07 SYDNEY/MELBOURNE 24/06 NEW YORK/EC 01/07 FREMANTLE/ADELAIDE 25/06 VANCOUVER 30/06 1
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      Page 41 Advertisements Column 2
      701 41 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) Jt\ ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivov ETA UOAWNG FOR SPORE ANCHNET 31WB 03/06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAAA ABYOT 33W8 OVO9 DARESSALAAM
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      Page 41 Advertisements Column 3
      607 41 JAKARTA BANGKOK vi«a T~ wi sm «x >na lww swsyog bamckoh GURU BHUM 196S 23/6 26/6 MAHA BHUM 163N In It 23/T" Sm 27/6 MM OHUM S3S 25/6 lAKU BHUM SOW Thu 24/6 Mon 2»/6 BRA BHUM OS~S Wt STS WAGON SIWTOSA _41N Fn 2V6 Tut 2SJ NANTA BHUM 147N
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      Page 41 Advertisements Column 4
      369 41 DONGN AM A LINE COWTAMERItEP SCTV)CE STHAITS/BLW/INC/BSN KSSU SK PK M K K B» mm ntm 27 6 a/< a/t 1/7 11/7 14/7 TU.SDAS V3O7M 4/7 (/7 1/7 lt/7 21/7 MALAYSIA aaiT KM7M 11/7 13/7 14/7 15/7 25/7 21/7 HowßtaKaarr »3»7wl w/7 n/7 21/7 2/1 4/» ROUND THE ASIA SERVICE
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      Page 42 Advertisements Column 1
      1541 42 fj£j[i|MN CON™ d2|\2/VVl A 9 entB: MAC-NELS SPORE: *****22 (24 LINES) *V J\s \_Z_Jc/H Mo **********0 C PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 J P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 I HKG/TWN/BKK I GOTH/UKC/MED PORTS PEN PKL SIN EVERY TUE/THUR/SAT PEN PK SIN 22/6
      1,541 words
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      Page 42 Advertisements Column 2
      201 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD IT* (I* CM SHW rat! REIWK niMNG BtUI IMX 5/7 6 Loading tor Mate Bangkok I ftuvu HUDMJ 30 6 loading tor Calcutta OO.PHN hi Port Loading foi Mat* pot» sura* 1/7 Loading for Male IMKIDH »/6 Loading For Malt HtOGttSS UKIIT
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      Page 42 Advertisements Column 3
      903 42 THONG SOON UNES PTE. LTD.] 78 SHENTON WAY #10-01, SINGAPORE 0207 TEL: *****88 FAX NO: *****11 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO LINE: *****66^ W S'PORE PEST VESSEL VOY S'POIE DEST EQUATOR JADE 81/3E 25 JUN KUCHING EQUATOR GRACE 90/3E 24 JUN Sliu EQUATOR 111 92/3E 29
      903 words
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      Page 43 Advertisements Column 1
      765 43 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBUK SOC CARGOES TO FROM KOBE. YOKOHAMA. NAGOYA. MO*. TOKYO* MA Nil A DAVAO' Pen ant" P. Kelanj Singapore E'Msia" KARABIEVERETT VI2E 24/25 Jur SHAPtAEVERETT WI6E 11/12 Jul 13/14 Jul IVYEVERETT VSE 16/17 Jul 18/19 Jul ACCEPTING BREAKBU.K FCI SOC CADGOtS TO/FROM
      765 words
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      Page 43 Advertisements Column 2
      331 43 It* GLOBY NAVIGATION GBOUP fa REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VII 15/6 17/6 18/6 25/6 GLORY SELATAN V 15/6 22/6 SP PKL HCM HK KAO HSIEH YUNG 27/6 ACCEPT CLASS CARGO
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      Page 43 Advertisements Column 3
      620 43 PGSL -WORLDWIDE PANAMA -GLOBE STEAMERS UNES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU A SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
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      Page 43 Advertisements Column 4
      467 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SIN DURBAN P ELIZABETH SIN FENGANSHAN V 122 04/07 20/07 23/07 11/ OB FENGKANGSHAN VS2/53 19/07 05/0B 08/08 26/ OB FUYUSMAN V 46/47 04/08 20/08 23/ OB 11/09 ALSO ACCEPTING TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS
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      Page 43 Advertisements Column 5
      286 43 SIN FAR EAST 29/6 KEELUNG/KAOHSIUNG 26/6 BANGKOK 28/6 MANILA/CEBU 27/6 JAKARTA/BELAWAN/SURABAYA 27/6 PORT KELANG/PENANG/E. MALAYSIA 27/6 BUSAN 27/6 TOKYO/YOKO/KOBE/NGO/OSA 27/6 HONG KONG SjN CHINA 27/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 28/6 LDN/FLX/LVP/SOU 28/6 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also acceotjng cargo to Austria/ Hungary/RWmania/Poland/Bulgaria/Czech. SIN USA/CANADA 30/6 LOS ANGELES/NEW
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      Page 44 Advertisements Column 1
      771 44 HONG KONG/CHINA 28/6 5/7 JAKARTA 25/6 2/7 BANGKOK 30/6 MANILA 25/6 2/7 BUSAN 28/6 5/7 KEELUNG 24/6 1/7 TOKYO/KOBE 25/6 2/7 KAOSHIUNG 29/6 6/7 POBT KELAN6/PENANG 25/6 2/7 YOKOHAMA 25/6 2/7 COLOMBO 24/6 1/7 FELIXSTOWE/HAMBURG 25/6 2/7 CHITTAGONG/MAORAS 28/6 5/7 ROTTERDAM/LE HARVE/ANTWERP 25/6 2/7 BOMBAY/KARACHI 28/6 5/7 BARCELONA. MARSEILLES. GENOA
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      Page 44 Advertisements Column 2
      331 44 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD is moving With effect from 22nd June, 1993 our office will be at: 135 Cecil Street #02-01 LKN Building Singapore 0106 Tel: *****00 Fax: *****61 Telex: RS ***** CONTEM TEL: *****00 (KATHLEEN/ ZUBAIDAH/ MARILYN) P.Kelang: 03-*****53 Penang: Q4-*****7 bS INTERLIGHTER (COWVttmOttAL/COMTANICT BCNVICt) [nuni
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      Page 44 Advertisements Column 3
      606 44 CONSOLIDATION TO LIMASSOL J FIRS I FORWARDER I.N VESSEL SPORE SENATOR WM325 irowu BVlroa ETD 1 JULY 93 CLOSING: 29 JUNE 93 ALSO ACCEPTING CARGO VIA LIMASSOL TO > rfc) BEIRUT. HAIFA. LATTAKIA, MALTA CALL US NOW FOR BOOKINGS .3: MB INTERNATIONAL SEA FREIGHT FORWARDING MM Tel: Fax: AND LOGISTICS
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      Page 45 Advertisements Column 1
      1137 45 Jr"N® d| l°* d NLL ROUEN/3217 eta Sin 1/7/93 DIRECT CALL TO NELSON (N.Z) m Nedlloyd Lines OCEAN VESSEL SM LEH RTM(I) HMI(2) BRV FIX SOT VESSEL Jkt P*| Ski Sltaya Akl fip(A) fcPtymouth Timani Lyt(B) tonedm(B) Napier Wg(C) Tauranga BMI Nelson B Pebnp/2203 29/6 17/7 18/7 19/7 21/7 22/7
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      586 45 TODAY'S TIDES (height in metres) HO* 0000 0100 0200 0300 MOO 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 >1 3.2 3.3 3.1 2.6 1.9 17 0.7 0.4 0.3 0.4 0.7 1.3 2.0 2.3 2.5 2.4 2.1 1.6 12
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      Page 46 Advertisements Column 1
      639 46 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 56N8 25/06/93 03/07/93 FRDAYTND MONOAY VIGOUR SINGAPORE 56ANB 28/06/93 03/07/93 VIGOUR PACIFIC TH 21NB 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
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      Page 46 Advertisements Column 2
      372 46 FREIGHT MANAGEMENT GENERAL: *****11 BOOKING: *****55 ASEAN PENANG weekly sailing PORT KELANG weekly sailing MANILA weekly sailing JAKARTA weekly sailing SURABAYA weekly sailing BANGKOK twice weekly 888 EES FREIGHT SERVICES PTE LTD M 373 #01-60 Wallich Building, Singapore 0207 mM fjl Tel: *****66 (10 Lines) Fax: *****69/*****44 AIRPORT OFRCE: *****11
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      Page 46 Advertisements Column 3
      382 46 O.K. LINE CAHAYA SAMUDERA SHIPPING (PTE) LTD FULL CONTAINER SERVICE SPORE JAKARTA/SEMARANG/SURABAYA/P. KELANO/PENANQ VESSa VOT SM KT SRG SBY PEN PKG KAMNM MVA I 377/371 »/6 1/7 TAKMf I 1-IS7/1-1H 25/6 27/8 SWADAYA 04 7 048 24/6 25/« TBN-1 2S/6 28/6 TBR-2 27/8 30/6 IBR-3 29/6 2/7 I cosco UKC
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      Page 47 Advertisements Column 1
      955 47 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOY PNA 1 PKE I P€Q 1 VESSELS VOY_ SIX HTM AM* LEH* HAM BBf| FEL NOR ASIA MALACCA 9322 A 22/06 23/06 24/06 H INNOVATOR 304W 2S/06 16/07 16/07 17/07 11/07 11/07 20/07 HMM ADVANCE 21A 29/06 30/06
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      Page 47 Advertisements Column 2
      494 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY LIFTS INBOUND VESSELS ttSSU VOT Sf PI IK II sown 11 k PI IMCMT ACE 2 H/l IS I (Ml 21 t| COSMO CMLIUCM 2« 2S/I 2S/I COSMC MASTER 21 1/1 SERI lAMTI U 1/1 ASIAN TRAMI 21 Ml 1/1 REISHW
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      Page 47 Advertisements Column 3
      963 47 JEDDAH/UK/CONTINENT [STORE ID STON HWJRG I DAM LEH •Mm Acc** C»|t ftr. DAMME M/ 324 2t/t 1/7 14/7 17/7 11/7 21/7 :toM IK dnMwlwi Matt mi Out* KAAAAKIRA 21/121 3M/C 17/7 21/7 22/7 Rottwdan :to M Mw«p. Aaaltrdim. o*. HMd DRESDEN ((PRESS 11/321 3/7 21/7 24/7 2C/7 21/7 Sauthanptan :toM
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      46 48 N 7s rs SOIL REMEDIATION VAPOR SUPRESSION BIOREMEDIATION STORAGE TANK CLEANING UST NEUTRALIZING SPILL CLEANUP RENDERS VOLATILE PETRO-CHEMICALS NON-FLAMMABLE ALMOST INSTANTLY WATER BASED BIODEGRADABLE NON-FLAMMABLE a SENTRY INDUSTRIES SINGAPORE PTE LTD 6001 BEACH ROAD #17-05 GOLDEN MILE TOWER SINGAPORE 0719 TEL: 299 2218 FAX: 299 5632
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      Page 48 Advertisements Column 2
      111 48 ]>]>] OVATION imroi«wr" Tomorrow in Business Times FAR EASTERN FREIGHT CONFERENCE SAB AH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS CURRENCY ADJUSTMENT FACTOR As a result of the 2nd Quarterly review of currency values the CAF from AWRA will be
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