The Business Times, 25 June 1993

Total Pages: 48
1 48 The Business Times
  • 15 1 Business Times WE KNOW ASIA MITA (P) 552 12 92 Friday June 25 1993 75«
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  • 2am LATEST
    • 85 1 Reuter TOKYO The leaders of four major opposition parlies and a new breakaway party from the ruling Liberal Democratic Party (LDP) have reached a basic agreement to form a coalition government to replace the LDP after July 18 general elections. Tsutomu Hata, head
      Reuter  -  85 words
    • 63 1 Reuter WASHINGTON CIA director James Woolscy says that Russia may have trouble meeting deadlines in a treaty calling for a radical reduction in its nuclcar arsenal because of economic and political problems. Mr Woolscy says that Russia faces huge costs for dismantling
      Reuter  -  63 words
    • 36 1 Reuter KIEV Russian Prime Minister Viktor Chernomyrdin says he has canccllcd a visit to the United States scheduled for tomorrow because American officials have failed to prepare technical questions properly. Reuter
      Reuter  -  36 words
  • 111 1 Stock market indices Ihursda) hange STII 1770.90 -20.21 KLSE Composite 701.66 -16.3 Nikkei 19,685.07 +192.55 Hang Seng Closed SET Index 894 08 -16.25 Jakarta Composite ...358.39 +0.01 CLSA China B unav Aust All Ord 1.699.7 +0.9 FFSE 100 2.894.7 -6 Thursday Previous Midday close Dow Jones 3.471.52 3,466.81
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  • 610 1  -  By J Agnes Chen SINGAPORE The huge volume of share purchases by CPF Investment Account holders churned up by the stock market's recent bull run has left banks owing broking firms millions of dollars in delayed payments. Brokers say the banks' inability
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  • 360 1 Reuter BUDAPEST Financier and speculator George Soros, whose ultra-public sales of the mark sparked an exodus from the German currency this month, jabbed at Germany again with a fresh attack on its central bank's tight monetary policy on
    Reuter  -  360 words
  • 607 1  -  By Alvin Tay SINGAPORE Specialist contractor L&M Group Investments has removed the "golden parachute" clause from its proposed service contract for its chairman Albert Hong, just four days before a shareholders' meeting to debate the unprecedented move. Instead. L&M major shareholder Guthrie
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  • 344 1  -  By Quak Hiang Whai SINGAPORE Growing Iran-Iraq tension, the weak US economy and a probe into share price-rigging in Kuala Lumpur all contributed to bearish sentiment in the Singapore and Malaysian stock markets yesterday. As a result of the selling wave, the Straits Times
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  • 222 1 NYT, Knight-Ridder lOKAO A New York Times report that Iraq had moied troops close to Che Iranian bor- der and put its air defences on high alert sent bu>ers bidding higher for cash forward August Brent crude. Brokers said
    NYT,; Knight-Ridder  -  222 words
  • 236 1 Reuter. AFP BEIJING Chinese Premier Li Peng, appearing before the media yesterday to greet Australian Prime Minister Paul Keating, admitted for the first time that he is suffering from a "minor" heart eondition. Looking healthy and alert, Mr Li presided over an
    Reuter.; AFP; Reuter  -  236 words
  • Page 1 Advertisements
    • 132 1 II depuis 1921 g| Sr- SLEDGERS ft made in France ft Petite F:nesse *****68) •OMO Liang Court (Tel: *****52) Gateres Lafayette Singapore and selected retail outlets I CONTENTS News Companies S pore News 2 Spore-M'sia ...9.10.11 Regional News 3.4.5 Financial 12.13 World News 8 Features Markets Analysis 27 Oob W.SE.
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 329 2  -  By Teh Hooi Ling BANK LOANS to non-bank customers in April showed a robust 10.4 per cent growth on a ycar-on-ycar basis the highest rate in the last 14 months. 1 his compares favourably with the 8.6 per cent and 8.7 per cent growth reported in
        329 words
    • 319 2  -  By Kooi Cho Teng THE government may review the existing tender system of selling landed property sites if the bulk of the sites are again won by a handful of large developers. At a press conference yesterday. the Urban Redevelopment Authority's
      319 words
    • 174 2 THE HDB is offering two heavy vehicle parking sites in Eunos and Defu industrial estates for tender. Successful tenderers have nine months from the lease commencement date to develop the sites. The 15-year lease parcels are allotted for parking of heavy vehicles.
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    • 344 2 THE dynamic Asia-Pacific region can give a big boost to the critical mass of professional talent needed to ensure Singapore's prosperity, says Dr Goh Keng Swee. Speaking at a dinner for donors to the Dr Goh Keng Swee Scholarship
      344 words
    • 403 2  -  By A J Leow AS IF China's building and property ownership rules were not confusing enough, a Wuhan commercial and residential project has worsened matters with its choice of name. Despite its name, the New World Development Centre to
      403 words
    • 126 2 Corrections clarifications IN A REPORT on June 17 headlined "Firms developing packaging technology for export to get double taxation benefits", we reported Cdre (Res) Teo Chee Hean. Minister of State for Finance and Communications. as saying that double taxation benefits would be extended to companies developing new packaging technology for
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    • 470 2  -  Select Committee hearings on the Goods and Services Tax By Loh Hui Yin AS MOST marine activities located within the Singapore port limits arc for export, companies may get a refund on the Goods and Services Tax (GST), says Finance Minister Richard Hu. However,
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  • Page 2 Advertisements
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  • THE REGION
    • 561 3 Reuter JAKARTA Indonesia, facing an alarming decline in domestic investment and growing competition for overseas capital from China and Vietnam, yesterday promised more investment incentives before the end of the year. Investment Minister Sanyoto Sastrowardoyo told businessmen that this month's deregulation package, which for
      Reuter  -  561 words
    • 214 3 Reuter PHNOM PENH Cambodia's war-ravaged economy is growing only one-quarter as fast as predicted. A report from the United Nations peacekeeping force in Cambodia, released yesterday, says: "Instead of advancing to perhaps 10 to 12 per cent per annum by
      Reuter  -  214 words
    • 219 3 Reuter KUALA LUMPUR Malaysia's fledgling tax haven. Labuan. is doing better than expected and is set to become a major financial centre with the help of Japanese money. Former finance minister Daim Zainuddin. who is spearheading the government project. said
      Reuter  -  219 words
    • 422 3  -  By Magdalene Ng SINGAPORE The long-term credit outlook for Hongkong. South Korea and Malaysia is strong despite potential political instability in the three countries, says USbased credit rating house Moody's Investors' Service. The upbeat assessment, which is being distributed to investors this
      422 words
    • 380 3  -  From Al Labita in MANILA THE World Bank said yesterday that it has approved a USSIIO million (SSI79 million) power loan to the Philippines and denied Manila newspaper reports that it had branded the Philippine government's privatisation programme as a "failure".
      380 words
    • 433 4 AFP UNITED NATIONS A UN economic survey yesterday forecast II per cent growth in China's gross domestic product (GDP) for next year, by far the highest in Asia, already the world's fastest growing region. But such rapid growth could overheat
      AFP  -  433 words
    • 282 4 AFP BEIJING Britain's ambassador to China. Sir Robin McLaren, said yesterday that Sino-British discussions on the future of Hongkong were progressing. but that advances were still too slow. "We are making some progress but we need more progress." he said after the
      AFP  -  282 words
    • 163 4 AFP SYDNEY Australia's biggest university will play a major role in educating China's future business executives in Western-style economics through a joint venture announced here with one of Beijing's leading universities. As the booming economy swings into free-market mode, experts from Melbourne's Monash
      AFP  -  163 words
    • 318 4 Reuter BEIJING Irate victims of one of China's worst fraud cases gathered at the main Beijing office of a collapsed investment firm yesterday, pointing the finger of blame squarely at the communist government. "We didn't just come here to invest blindly. We
      Reuter  -  318 words
    • Article, Illustration
      54 4 Reuter TAIPEI Taiwanese opposition legislator Huang Chau Huei bleeding from a head wound sustained during a fight with a deputy in the ruling Nationalist Part> in Parliament on Wednesday. A joint parliamentary committee had voted to proceed with the construction of a I 556.5 billion (5510.64 billion)
      Reuter  -  54 words
    • ASIA NOTES
      • 73 4 Bloomberg Business News TOKYO Japan's most-closely-watched Consumer Price Index (CPI). which measures the prices of key goods and services in Tokyo, rose by one per cent in June from the same month a year ago. according to the average of nine economists' forecasts compiled by
        Bloomberg Business News  -  73 words
      • 87 4 Reuter TAIPEI A former Chinese army officer seeking asylum in Taiwan hijacked a Chinese commercial airliner with 72 people on board yesterday the second such hijacking in three months. Two people were slightly injured in a scuffle aboard the plane with the hijacker, who was
        Reuter  -  87 words
      • 65 4 Reuter SEOUL South Korea approved US$74l million (SSI.2 billion) of overseas investment in the first five months of this year from U*****.6 million a year earlier. The central Bank of Korea said yesterday: "Some investment by small and medium-sized companies. which aim to take advantage
        Reuter  -  65 words
      • 71 4 Reuter SEOUL Russian President Boris Yeltsin has handed to South Korea confidential Soviet documents proving the Korean War was started by North Korea's Kim II Sung with Stalin's backing. South Korean officials said yesterday that Mr Yeltsin gave South Korean Foreign Minister Han Sung
        Reuter  -  71 words
      • 96 4 Reuter CANBERRA Five Asian nations South Korea. Thailand. Singapore. Malaysia and Indonesia are discussing buying advanced non-nuclear submarines from Australia. "There have been preliminary discussions with a number of Asian countries about the possibility," a spokeswoman for Defence Minister Robert Ray confirmed yesterday. She declined to
        Reuter  -  96 words
    • 407 5  -  From S N Vasuki in TOKYO SENIOR officials of Japan's embattled Liberal Democratic Party yesterday accelerated attacks on Tsutomo Hata in a move calculated to dent the former finance minister's growing popularity. Simultaneously leaders of the country's leading opposition parties met with
      Reuter  -  407 words
    • 73 5 Reuter TOKYO A senior official of Japan's ruling Liberal Democratic Party (LDP) said yesterday that Prime Minister Kiichi Miyazawa was thinking of resigning after hosting the July 7-9 Group of Seven summit. Kyodo news agency said that if Mr Miyazawa does resign after
      Reuter  -  73 words
    • 294 5 Reuter, AFP TOKYO The head of Japan's eight-million-strong labour mo>ement called yesterday for a summit of opposition and new centre-right groups to map out joint policies and pave the way for a coalition government. After this week's wholesale
      Reuter,; AFP  -  294 words
    • 245 5 Reuter NEW DELHI The head of a small party threatened yesterday to withdraw crucial support for India's minority governmenLuflless Prime Minister P V Narasimha Rao clears himself of a bribery allegation. Ajit Singh told reporters in the central Indian city of Bhopal
      Reuter  -  245 words
    • 309 5 Bloomberg Business News CANBERRA Australian Treasurer John Dawkins confirmed news reports that the federal budget deficit for fiscal year ending June 30 will come in below mid-year estimates because of higher corporate tax revenues. But even the reduced figure he signalled will
      Bloomberg Business News  -  309 words
    • 169 5 Reuter, AFP WASHINGTON Japanese trade barriers cost American exporters up to US$lB billion (5529.3 billion) a year while US obstacles to free trade appear to have little impact on Tokyo's economy, according to a study released yesterday. The influential new study on trans-Pacific
      Reuter,; AFP  -  169 words
  • Page 3 Advertisements
    • 308 3 g p%C&CMt& WINDS OF CHANGE Socio Economic Trends Globally/Regionally Business Strategies for the Future BUSINESS FORUM 16 JULY 1993 SINGAPORE BUSINESS DINNER BANQUET 15 JULY 1993 SINGAPORE VENUE WESTIN STAMFORD HOTEL The Keynote Address will be delivered by The Hon. Bob Hawke AC Former Prime Minister of Australia "The Corporate
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    • 218 3 WHICH CAR WON THE RAC'S HIGHEST HONOUR? The Royal Automobile Club is the proven safety and strength is further enhanced world's oldest automobile association. by double width reinforced side impact beams So to win the 1992 RAC's Manu- and a fully galvanised body. facturer's Award in the World Rally While
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  • Page 4 Advertisements
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  • Page 6 Advertisements
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  • REGIONAL FOCUS
    • 514 7  -  Both countries to unveil plans to boost trade links soon Reports from SN Vasuki The writer was in Seoul on assignment last week SOUTH KOREA had settled most of its trade disputes with America, a senior Foreign Ministry official said last week.
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    • 262 7 SOUTH KOREA was reassured by commitments made by Asean members that efforts to establish Afta did not amount to the creation of "Fortress Asean", Assistant Minister for Economic Affairs Joun Yun Sun said late last week. He said that the
      262 words
  • Page 7 Advertisements
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  • THE WORLD
    • 532 8 Reuter LONDON A British minister in u row over links with fugitive Turkish-Cypriot tycoon Asil Nadir resigned yesterday. easing pressure on embattled Prime Minister John Major. Mr Major told parliament Northern Ireland Security Minister Michael Mates had quit because of
      Reuter  -  532 words
    • 346 8 Reuter WASHINGTON US Senate Democrats easily turned back a Republican alternative to President Bill Clinton's economic plan on Wednesday, with the president attacking the proposal as a giveaway to the rich that would hurt the middle class. The alternative, which Republican lawmakers said would
      Reuter  -  346 words
    • 365 8 AP. NYT WASHINGTON The Clinton Administration said on Wednesday that a USS4 billion (556.5 billion) international fund it proposed to help Russian state enterprises convert to private businesses would have to be shrunk because Japan and the Western
      AP.; NYT  -  365 words
    • 494 8 Reuter MOSCOW Russian President Boris Yeltsin has promised more cash for scientific centres to avert a threatened strike by nuclear weapons experts, officials said on Thursday. Scientists responsible for dismantling nuclear weapons had planned meetings for yesterday and
      Reuter  -  494 words
    • 328 8 Reuter OTTAWA The North American Free Trade Agreement cleared its last legislative hurdle in Canada on Wednesday with approval by the Senate. but the government said it won't formally ratify the pact until Mexico and the US follow suit. The Canadian Senate,
      Reuter  -  328 words
    • WORLD WATCH
      • 73 8 Reuter ROME The government, employers and union representatives have postponed talks on a ground-breaking national accord on wage bargaining, Luigi Abete, the president of the employers association said on Wednesday. He said the Confindustria had not yet fixed a new date to meet government officials on
        Reuter  -  73 words
      • 45 8 Reuter VIENNA Representatives of non-governmental organisations holding signs with the letter S during speeches, in protest against the phrase "indigenous people" instead of "peoples" in the final document of the UN World Conference on Human Rights on Wednesday. Reuter
        Reuter  -  45 words
      • 89 8 Reuter LAGOS Nigeria's military government annulled the June 12 presidential eleetion. suspended the National Electoral Commission and repealed decrees on the programme for transition to civilian rule, state radio said on Wednesday. A government statement said the decision was to save the judiciary from the internal
        Reuter  -  89 words
      • 76 8 Reuter VIENNA Islamic states at UN's world human rights conference headed on Wednesday for a confrontation with the West over Bosnia, pressing ahead with a hard-hitting declaration that the US branded a waste of time. US delegate John Shattuck lashed out at what he called a
        Reuter  -  76 words
      • 69 8 Reuter BONN German Chancellor Helmut Kohl's government, saved by the supreme court from deep embarrassment, pushed yesterday to have Parliament quickly approve its controversial deployment of troops in Somalia. The centre-right coalition opened an unscheduled parliamentary debate on a resolution that the court said
        Reuter  -  69 words
  • Page 8 Advertisements
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  • COMPANIES & MARKETS
    • 420 9  -  By Lilian Ang SINGAPORE Retail-based C K. Tang's net profit for the year ended March 31 has plunged 68 per cent to $1.19 million. The fall was a clear sign of eroding profit margins for the retail industry as it
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    • 397 9  -  By Ven Sreenivasan SINGAPORE Informatics Holdings Ltd, best known for its computer training schools, posted a strong 41 per cent gain in net earnings to $3.9 million for the year ended March 31, 1993. Turnover rose by 31 per cent to $44.9 million.
      397 words
    • 228 9 SINGAPORE Having failed to take over Resources Development Corporation (RDC), the Keppel group continued to divest its interest in the listed construction firm. Kephinance Investment, a subsidiary of Keppel Corporation, said it sold 130,000 RDC shares worth about $460,000 over the past week. After
      228 words
    • 720 9  -  HOCK LOCK SIEW By William Chia KUALA LUMPUR Development and Commercial Bank Bhd (D&C), which has managed an impressive turnaround in the last few years, is banking on its solid connections to achieve even greater growth in the years ahead.
      720 words
    • 254 9 SINGAPORE Keppel's property arm Straits Steamship (SSL) will take on another project in Vietnam's Ho Chi Minh City, formerly known as Saigon, with its existing joint venture partners. SSL has already teamed up with the Salim group's Hong-kong-based First
      254 words
    • 226 9  -  By R Sivanithy SINGAPORE Shares of electronics contract manufacturer Tri-M yesterday bucked the overall market trend when they closed more than 38 per cent above their offer price on the first day of trading. On a day when the benchmark Straits
      226 words
    • 278 9 SINGAPORE Ihe Stock Exchange of Singapore (SES) yesterday defended its recent introduction of trading shares on a "when issued" basis, but also acknowledged that it is still too early to deliver a conclusive verdict on the scheme. In a statement, the
      278 words
    • Article, Illustration
      347 9 Source: Bridge Info Performance of STII's Index stocks Jun 24 Lul SttM la4n Slock sale Chat (actor aw*ere (J) Avimo 2 300 1.82 0 00 < 6 950 -0 050 5.49 3.46 < cretws 5 200 4 11 0 00 h&N 11 500 9 08 0.00 CF Asia 2.770
      Source: Bridge Info  -  347 words
    • COMPANIES
      • 497 10  -  By Joseph Rajendran SINGAPORE US-listed Media Vision has appointed a local firm to sell its products, setting the stage for a showdown with Singapore's Creative Technology. Media Vision has appointed SiS Technologies as its regional distributor and hopes to capture 30
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      • 377 10  -  From Sylvia Wong in KUALA LUMPUR THE Malaysian Finance Ministry has authorised the setting up of a second share issuing house to cope with the number of companies seeking a listing on the country's booming bourse. Deputy Finance Minister Abdul Ghani Othman
        377 words
      • 376 10  -  By Yong Pow Ang SINGAPORE Prima is opening a revolving restaurant in Yantai, Shandong province its fourth major investment in China. A joint venture agreement was signed yesterday between Cheng Chih Kwong, Prima's deputy chairman and managing director, and Tu Tai, general manager of
        376 words
      • 262 10  -  By Genevieve Cua SINGAPORE Scsdaqlistcd Goldtron group has teamed up with Japan's Nippon Telegraph and Telephone Corporation (NTT) to launch a pre-paid or stored-value card in the Asia-Pacific, using Singapore as the launch pad. The partnership is between Goldtron subsidiary Signetics Systems and NTT subsidiary
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      • COMPANY BRIEFS
        • 31 10 SINGAPORE A new series of options for Keppel Corp and SIA Foreign will begin trading today. Meanwhile. 20 stock options for the two counters expire today.
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        • 78 10 Bernama KUALA LUMPUR Kumpulan Guthrie Berhad. in an attempt to garner greater'interest for the company's shares, is preparing to promote the shares internationally, its director Abdul Khalid Ibrahim said. The promotion is expected to start in the final quarter of this year. Mr Khalid said
          Bernama  -  78 words
        • 87 10 Reuter KUALA LUMPUR Tronoh Mines Malaysia Bhd said it had proposed the division of its Msl shares into shares of 50 Malaysian cents each to make them more affordable. Tronoh shares closed on Wednesday at MS 19 each. The company has also proposed a
          Reuter  -  87 words
        • 56 10 KUALA LUMPUR Matsushita Electric Co (M) Bhd has reported a net profit of M 541.2 million for the year ended March 31. up from M 540.8 million a year ago. Matsushita said that in view of increasing competition, the performance for the current financial year might
          56 words
      • 456 10 UNIT TRUSTS FUNDS MMigm prica* <$) iun 25 Insurance Fund Unit Trust ,ncomc Pohc > ,2 S4 Singapore unn iroisx ...imtij The Commerce 1.32 I.J9*d lg The Savings Fund 1 20 126 PruLini Mgd Fund 1.12 I.I* issvi? sa ss M Spore Invi-v fund 0 V 102*d S'pore Equity Fund
        456 words
      • 350 11 Issue said to be first of its kind by a HK company Bloomberg Business News HONGKONG Investment conglomerate Wharf (Holdings) has launched a US$35O million (Sss6o million) issue of Euroconvertible bonds, probably the first such issue by any Hongkong company. In a statement
        Bloomberg Business News  -  350 words
      • 397 11 Reuter TOKYO Japan's Ministry of Finance (MOF) yesterday granted South Korea's Koryo Securities a licence to do broking business here, raising hopes anong other South Korean fiims that obstacles to market access may soon be removed. Koryo, one of 12 Korean houses
        Reuter  -  397 words
      • COMPANY BRIEFS
        • 56 11 AP BEIJING China's stocks supervisory body has established a new organisation to approve applications to issue shares on China's stock exchanges in Shenzhen and Shanghai, an official newspaper said yesterday. The Stock Issuing Examination and Approval Commission will examine a firm's qualifications for issuing
          AP  -  56 words
        • 72 11 AFP MELBOURNE Australia's Peters Farm ice-cream, owned by Pacific Dunlop Ltd, is destined for the dessert tables of Japan. Pacific Dunlop announced on Wednesday a Ass million (555.5 million) initial contract to sell the ice-cream to Japan as part of the group's strategic push into the
          AFP  -  72 words
        • 80 11 Reuter BEIJING A Chinese company has received government approval to issue the country's first domestic US dollar bond, testing a new method to raise foreign exchange for cash-starved state companies, the China Daily said yesterday. The National Metallurgical Import and Export Corp this week started
          Reuter  -  80 words
        • 92 11 AFP TOKYO Japanese cosmetics giant Shiseido Co Ltd said yesterday it has developed a machine that can measure the shape of so-called crow's feet, the wrinkles at the outer corners of people's eyes. The device, developed with the Tokyo University of Agriculture and Technology and
          AFP  -  92 words
        • 51 11 AP GREENVILLE, South Carolina Michelin North America said on Wednesday that it will eliminate at least 2,500 jobs as part of a plan by the company's French parent group to cut US$7OO million in costs worldwide. The tyre company has 28.000 employees in North America,
          AP  -  51 words
      • 224 11 AFP, Reuter HONGKONG China Strategic Investment Ltd said yesterday it was seeking to list its China-sited tyre-making subsidiary on the New York Stock Exchange. The Hongkong-listed company said yesterday that it was filing a registration statement with the US Securities and Exchange
        AFP,; Reuter  -  224 words
      • 329 11 Reuter LONDON Hongkong's Finance Minister said on Wednesday that the first of nine large state-owned Chinese enterprises being floated on the British colony's stock exchange would be joined "very shortly" by the rest in the next few months. Financial Secretary Hamish
        Reuter  -  329 words
      • 141 11 Reuter LONDON Higher gold prices and the sale of loss-mak-ing assets such as The Observer newspaper in Britain helped international conglomerate Lonrho pic to report solid halfyear profit growth yesterday. The British-based company, which has extensive mining and trading interests in Africa, reported an overall
        Reuter  -  141 words
    • FINANCE
      • 453 12  -  By Harish Mehta SINGAPORE MBf Asia Capital Bank Ltd has become the first foreign bank to shut down its banking operations in Phnom Penh, on account of high taxes and changing government policies. It is understood that the bank opened
        453 words
      • 396 12 AP NEW YORK The US$4.3 billion (Ss7 billion) loss that Lloyd's of London reported this week probably won't lead to a severe crunch in the supply of catastrophic insurance for US businesses, analysts said on Wednesday. Lloyd's, historically the
        AP  -  396 words
      • 191 12 SINGAPORE Singapore banks have helped raise a total of US$5l million (SsB3 million) in financing for their Hongkong and Chinese counterparts. In a press release yesterday, Schroder International Merchant Bankers Ltd announced that it has linked up with DBS Bank to jointly
        191 words
      • 162 12 THE currency markets had another volatile day yesterday as the US dollar strengthened against the major European currencies but was weaker against the yen and the Asian currencies. The USS opened lower across the board as economic data released in the US on Wednesday night
        162 words
      • 195 12 Bloomberg Business News LONDON The dollar ended almost two pfennigs higher in London to sustain a rise above 1.7 deutschemarks, and speculation intensified of further German interest rate cuts, traders said. The dollar closed above 1.7 marks for the first time since Oct 28 1991, setting a new high
        Bloomberg Business News  -  195 words
      • 178 12 AFP JAKARTA Indonesian banks were carry ing a total of 3.68 trillion rupiah (Ss2.B billion) in bad loans by the end of March 2.8 per cent of total credit issued press reports said yesterday. The Media Indonesia daily quoted governor of Bank
        AFP  -  178 words
      • 82 12 AFP NEW YORK The dollar rose against other major currencies except the yen in early New York trading yesterday, while gold prices dropped. Gold opened 80 cents lower to U*****.70 an ounce. The dollar was trading at 1.7080 German marks, up from 1.7100 Wednesday, but fell to 108.70
        AFP  -  82 words
      • Article, Illustration
        1726 12 limit- Hiixhifd mJt iahuldu\l uteainst Sjwnr'% i<<f> 14 irjjinii panifi ftov yiw IV, US$/S$ forward rates Noon June 24 s$ Bid Offer 1-month 1.6215 ***** 2-month 1.6214 1.6231 3-month 1 6213 1 6232 6-month 1 6210 ***** SiHinv (K'UC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am on June
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    • FINANCE & COMMODITIES
      • 472 13 AFP TAIPEI As part of its liberalisation efforts. Taiwan is relaxing regulations in its insurance and oil industries. Taiwan is to allow foreign insurers to join their US counterparts to operate on the island, starting August, as part of its liberalisation
        AFP  -  472 words
      • 260 13 Reuter SINGAPORE China's state oil trading company, battling rising energy demand with raj> idly eroding buying power, is asking for extended credit terms on some oil product purchases. Oil traders said yesterday that scarcity of hard currency and the falling value of the
        Reuter  -  260 words
      • 279 13 Reuter LONDON An executive of Japanese trading house Itochu Corp has been cleared by a London court of conspiracy to defraud oil giant British Petroleum Co pic over pipeline contracts in Britain's North Sea. Shigeki Furatate, Itochu's European procurement officer, was found
        Reuter  -  279 words
      • SMALL CHANGE
        • 77 13 SINGAPORE Response from NTUC Income's policyholders for its Income Privilege Card has been overwhelming. The company said in a press release that about 35,000 applications have been received since the card's official launch on April 2. Income expects more applications as the promotion ends in
          77 words
        • 83 13 Reuter KUALA LUMPUR Jardine Matheson Trust Corp, the trust arm of Jardine Matheson Floldings Ltd has taken a 40-per cent stake in Malaysia's J Ambrose Partners Trust Sdn Bhd on the tax haven island of Labuan. "Investing in Labuan makes good business sense." said Jardine's
          Reuter  -  83 words
        • 83 13 Reuter HANOI Vietnamese and foreign banks are setting up an association to represent them in professional matters, a French banker said here yesterday. Credit Lyonnais is representing the seven foreign banks with branches in Vietnam on the association's managing committee, said Pierre-Alexandre Muyl, Credit Lyonnais'
          Reuter  -  83 words
        • 103 13 Knight-Ridder PARIS Banque Nationale de Paris said yesterday that it expects its net profit for the first half of 1993 to fall by as much as 50 per cent compared with first-half profit a year earlier. BNP reported a profit of 1.333 billion francs (Ss3Bo
          Knight-Ridder  -  103 words
      • 272 13 Platts LONDON Flourishing demand for energy outside Eastern Europe and the shrinkage of former Soviet energy markets are the main stories behind an ostensibly flat global energy picture in 1992. British Petroleum, which launched its 40th Annual Statistical Review of World Energy
        Platts  -  272 words
      • 218 13 ENERGY REPORT Knight-Ridder LONDON North Sea dated Brent crude values were a little firmer than on Wednesday against cash forward August Brent cargoes, supported by recent demand from the US and from European refiners for prompt cargoes, traders said. Dated Brent, or Brent
        Knight-Ridder  -  218 words
    • COMMODITIES & FUTURES
      • 1435 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended marginally weaker in dull trade as the absence of fresh incentives kept players sidelined. "Sentiment is neutral and the market wasn't going anywhere," said one US commission house dealer. "1 think dealers may stay
        Reuter  -  1,435 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 76 16 KUALA LUMPUR Malaysia's natural rubber stocks at the end of April totalled 165.937 tonnes, down from 195.520 a month earlier and down from 175.336 a year earlier, according to data issued by the Statistics Department. In April, exports were 84.947 tonnes, down from 85.231 in
          76 words
        • 67 16 MOSCOW The Russian government has finally issued export quotas for aluminium, but exports of the metal are still limited, according to Moscow trade sources. A Moscow-based trader with a major European company said that quotas had been issued by the Russian government to specially licensed exporters
          67 words
        • 58 16 BUENOS AIRES China is considering investments to mine lithium in Argentina and Bolivia. and has informed both nations' governments of its interest. Mining Secretariat spokesman Julio Lage says. Since Argentina enacted a liberal mining investment law on April 29. China has been one of the nations
          58 words
        • 60 16 JOHANNESBURG South Africa's gold investment company Zandpan declared a final dividend of 10.5 cents per share, thereby lifting total dividend for the financial year to end-June to 15.25 cents per share, unchanged from the previous year. Zandpan's final dividend was up 3.5 cents on the
          60 words
        • 65 16 TOKYO The Abu Dhabi National Oil Co is offering additional volumes of Upper Zakum crude oil on a term basis, according to a source at a Japanese oil company. He said officials at Adnoc in Abu Dhabi had told him that the crude would
          65 words
      • 594 16 COMMODITY REPORTS Tin TIN closed down 17 cents at MS 12.90 per kg yesterday, matching its all-time low set on June 15. on lack of keen foreign demand and a lower London market overnight, traders said. Turnover was 41 tonnes, against 42 on Wednesday. The
        594 words
    • 1666 16 Rubber RAS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S ccnts/kg) ("lose Volume Open Month High Low Sett (tonnes) Interest Jul 93 130 25 129 75 129 50 200 975 Aug 131.25 130.25 130.75 500 5.050 Sep 132.25 132.25 132.25 100 5.800 Oct/Dcc 0.00 0.00
      1,666 words
    • REGIONAL STOCK MARKETS
      • 1185 17 0.9 The Australian share market closed marginally higher on the back of firmer gold and gains b> News Corp. but failed to drag itself over the key 1.7(H) level. Ihe market opened higher at 1701.1. but was back below the barrier b> midday because of a 31-point fall on
        1,185 words
      • 555 17 -5.77 Shares closed weaker as excitement over the newlv-listed Bacnotan Cement Corp (BCC) failed to reverse market consolidation. brokers said. "Bacnotan freed a lot of cap- itaL.and put some excitement in a rather dull market, but we are still in a consolidation phase." said Juan Barredo, an analyst at
        555 words
      • 419 17 +0.42 The stock market finished a shade higher in a day marked by healthy interest selectively focused on small- and mediumcapitalised shares, brokers said. Profit-taking in blue-chip manufacturings and financial counters continued, they said. Analysts expected the market to show a similar trading pattern today, with the index little
        419 words
      • 75 17 -3.94 Stock prices rose alter the central bank cut bank lending rates by one percentage point, but dropped toward the close as investors locked in prohts trom the higher prices. The Bombay Stock hxchangc Index dropped 3.94 points to 2231.12 and the National Index was down 0.22 points at
        75 words
      • 293 17 -4.17 New Zealand's leading shares closed recovering slightly Irom a weak hut thinly traded morning dictated by a dearth of overseas investors and a weaker US market. "It's a reasonably resilient performance given the weakness in the Dow." Hendry Hay Mcintosh broker Craig Greenwood said. The NZSE 40
        293 words
      • 479 17 Taipei \oT Jun 23 IS (INI) \M Sincere InJ 4 k> 002 I \nij < ement 53 Si o Si *25 i jthjv 4 onsli 5200 f I CH» #52 4 jlhjv 1 ilc In*- I59U0 |9f»7 4 tuny H»j Bank 123 Hi t 2*1 1254 4 heiu I amy
        479 words
    • WORLD STOCK MARKETS
      • 836 17 Britannia Funds Sterling ash Bid (MTrr Mint < jp IVposil »KMl«l *J» »-M*» M.m Jctno i.ili O.I*«M It |«w: Nlim MJ« liKonc •n-'Kim •lOMU I SS ash Income PIun Fund 10 Villi i«• > >iM» PS 5 Kcvnt I und VMOO SHOO Strrlint Fquil> lHri>Pclfoilll.HKl- II4*»0 liwtl fji Ijm lund
        836 words
      • 603 17 -6 Shares slipped to a weaker close and the FI SH 1 (X) index surrendered the psychologically key 2.900 mark, closing down 6 points at 2.894.7. The market was hit hard in early dealings by a near 31 point fall on Wall Street on Wednesday and dealers said it
        603 words
      • 121 17 +20.89 Hopes of German and French rate cuts and foreign interest in the bourse lifted French shares over one per cent higher on the first day of the July account. dealers said. "Sentiment is bullish and the market looks very strong." one trader said. Bond futures also reached record
        121 words
      • 102 17 0.23pc Shares were slightly stronger after a morning of shaky trade and fluctuating price movements as investors kept a watch on the uncertain outlook for interest rates in Europe. The All-Share Index climbed 0.23 per cent to 1048.62 in turnover worth 514 million crowns. The OMX-index. which carries a
        102 words
      • 187 17 -13.10 Shares fell back at the end of official trading on posi-tion-squaring. dealers said. Sentiment deteriorated on fears about poor state of German economy and on receding rate cut hopes. Technical factors dominated. and disappointment that DAX failed to hold 1.700 eroded prices further. Speculation that Bundesbank would ease
        187 words
      • 250 17 7.75 Strong banks led Swiss shares to a firmer close in good volume after a cautious start in the morning. Dealers said hopes of easier interest rates that were already in the market were reinforced by early reports from Paris that France and Germany would meet on Friday to
        250 words
      • 230 17 -0.41 Shares closed mixed after a moderately active session in which they were tugged in opposite directions by disparate factors. The LOh index closed 0.41 points or 0.13 per cent lower at 321.40. The index's 24 constituent shares were split evenly between winners and losers. IX-alers said there was
        230 words
      • 302 17 15.89 Stocks opened barely changed with trade mixed across the Toronto Stock Exchange's 14 indices, dealers said. "It's really quiet. About the most exciting thing to talk about the morning is the weather." one trader said. The TSE 300 Composite Index was down 3.1 points at 3.948.5 on volume
        302 words
      • 131 17 -7 Stocks slumped yesterday, hurt the failure of employers and labour unions to reach agreement on wages. "The wage talks seem to have hit some hiccups." said Gregorio Riccardi. an analyst at Pastln. "That's why we are down." Traders said some sort of retreat was likely anyway. following Wednesday's
        131 words
      • 869 17 -30.72 Blue-chip share prices rose at midday on Wall Street yesterday, strengthened by a drop in long-term interest rates. The Dow Jones Index of 30 leading industrials rose 4.71 points to 3.471.52 in the first hour and a half of the session. Trading was moderate with some 75
        869 words
      • 328 17 9 Ciold shares gave up some of their substantial earlier gains towards the close yesterday. but remained around three week highs on the back of the overnight gold price rally. Dealers said direction was dependent on gold price direction, with local buyers dominating yesterday's trade. The Ciold Index ended
        328 words
    • Article, Illustration
      2429 18 Reuter STOCKS ended firmer on publicpension and insurance funds buying and the strong futures market. A higher yen and bond market and rallies in some selected issues encouraged sentiment, but political uncertainty made investors cautious, leaving trade thin, brokers said. "The market has recovered from the shock of the
      Reuter; Source: Bridge Info  -  2,429 words
    • Article, Illustration
      1693 18 Reuter STOCKS dropped broadly, consolidating recent rises, although late afternoon sales were spurred by news of Iraqi troop movements near the Iranian border, brokers said. "The market has been quite saturated and is ready for a correction," said broker Sathid Sathitakom of Ekachart Finance and Securities Co. "When the
      Reuter; Source: Bridge Info  -  1,693 words
    • Article, Illustration
      1083 18 Reuter SHARE PRICES closed mixed in slow trade dominated by cross trades, brokers said. "Trading activity was slow due to a public holiday in Hongkong. Locally activity is still focussing on Panin Bank and Tjilatjap Pelletizing," a dealer with a foreign brokerage said. Cross deals included I.S million shares
      Reuter; Source: Bridge Info  -  1,083 words
    • 2439 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Kerning Bhd MV I<> 206 0U) riu—l ItMTjM i\vi Mm 9Jt2ooo t H -«k K IVJOOO HnlMM ktMfli i iiiiup SV. UMMI t ahci (iroasp J.520.000 Muhi-PurpiiM- l.JfO (100 WIDBMk. VOOOOOO MBKapiUl i*WOOO kcnu\jn MV. i.MIOOO Metroplcx Mk 2.*»4.000
      Source: Bridge Info  -  2,439 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5336 19 Bernama INVESTOR reserve on an uncertain immediate direction drove share prices to close broadly easier and the key index falling to just above the 700 level. At the close, the KLSE Composite Index knocked off 16.3 points or 2.27 per cent to 701.66 from
        Bernama; Source: Bridge Info  -  5,336 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1127 20  -  By Teh Hooi Ling THE Straits Times Industrials Index plunged 20.21 points to 1,770.90 yesterday as investors turned jittery on news of a weak US economy and a military build-up in the Gulf area. Brokers said many investors were also forced to unload
        Source: Bridge Info  -  1,127 words
      • Article, Illustration
        79 20  -  HOT STOCK Quak Hiang Whai UNGUI has traded back to its "gapping" level since early last month (May) when it broke through the resistance at $1.20 and ran to 1.80. The support at $1.20, however, appears light. The next firm support is seen at $1.10 and then 90 cents.
        SOURCE: BRIDGE INFO  -  79 words
      • 6206 20 I MAIN BOARD G» Or 1993 Lai V«1 Dn Lot Ornate Dfc M* VU Nd M Cap Higk Lao C«npw> Salt (TWO) H«k Lot Bayer Setter Or r/E tail INDUSTRIAL AMD COMMERCIAL 770 260 Acma 690 +5 207 690 670 685 690 12.5 2.1 I 29.9 475.6 220 220 Ale*
        6,206 words
  • Page 9 Advertisements
    • 67 9 The Spanish Food Promotion From only $30 for a main course at the Spanish Food Promotion, there's no denying we're expecting a stir in Compass Rose itself. And there's a choice of lamb chops, chicken, lobster, pork tenderloin, roast duck, even vension civet and squab. Anything but beef. Aren't you
      67 words

  • Page 10 Advertisements

  • Page 11 Advertisements
    • 298 11 Hi r 4min IiIXUHCUij RESIDUUM CONDOMINIUM BY E: GUABAWIEH> BWH. HCOME Of 9% FOR 2 YRS. Booking i -i imm m ait s *^> 0 H' ■Bill H6l' t air# Jit <,H W jißjj'f Interest-free irwtjrtmwls fgr 1? months MB j J K4M|jß|jp|!^ ree Provisions 114 l $;l tta fHk
      298 words

  • Page 12 Advertisements
    • 760 12 BALANCE SHEET STATEMENT OF EARNINGS (BANKING ACCOUNTS) (BANKING ACCOUNTS) December 31,1992 and 1991 Years ended December 31,1992 and 1991 1992 1991 1992 1991 (In Miens) (In Minns) (In Whore) (In Minns) Won Won Won Won ASSETS Interest Income Cash Due From Banks 2,349,015 2.380,716 Merest on Loans 135,454 786.525 interest-fleanng
      760 words

  • Page 13 Advertisements
    • 305 13 Only '999. (How much can the others offer?) Ours Theirs Print speed of 6 ppm, not 4 ppm jjj Pj iT Printer sharing of up to 3 users Memory expandable to 6.5 MB, not 2.0 MB \S*y (That's less than Ss3o per 0.5 MB) Easily upgradable to Adobe PostScript f
      305 words

  • Page 14 Advertisements
    • 1923 14 fill 001 The expanding of The first phase is longing the lane, construction Contractual joint Shandong Planning The manufacturing Import 2 large miection machines, a set of 71cm Joint venture Qingdao Television Factory Jiaodong Airport of administration tower, passenger building and venture Commission equipment and colour TV (mode 120 sets
      1,923 words

  • Page 15 Advertisements
    • 1679 15 052 High-density weaving Introduce 96 air-jetting looms and its accessories Contractual joint Tel: (0537)*****1 based stainless film layer production line. Goods Factory fabric with a total investment of 35 million RMB yuan. venture layer products Tel: (*****) Compensation trade p —1 T i, f| 078 Renovation of 1,000- Introduce technology
      1,679 words

  • Page 16 Advertisements
    • 127 16 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 BANKING HOURS NOTICE IS HEREBY GIVEN that with effect from 1993 member banks will discontinue the practice of closing business early for the half-yearly closing on 30 June. The normal Banking Hours will therefore prevail for the mid-year closing. However, the
      127 words
    • 35 16 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead 737-1166 Business heats up when you make the call and place an ad. C.A.T.S. 737-1166
      35 words

  • Page 17 Advertisements
    • 33 17 I hi* laiwan stock market was closed for a public holida> ROY EASTERN WATCH. *01-74 LUCKY PLAZA. *01-*G»tfB LUCKY PLAZA, *01-ife> PARK MAM.. TEL: 734 3139. DELUXE^EASTERN WATCH. *01-18/20 CENTREPOINT, TEL: 235 2536.
      33 words

  • Page 18 Advertisements
    • 243 18 El Primero automatic chronograph movement mm Nonreflecting sapphtrr glass a IMffTi Watrr resistant to 100 m or 50m. HBAvailable m gold, gold and steei or steel I^LEFT: Model No. 60.0364 400 gZT VVJ ITU VJZ RIGHT Model No. 531)375 400 NBOV^ P*e Ud lM»ntnne Square #02-101 Expo Gateway Td *****42
      243 words
    • 73 18 CONVERSATIONS I RAFFLES "The CPF is this very powerful instrument that serves so many different objectives. However, it will fail in its primary objective of providing for retirement unless it is changed. ROBERT TOMLIN, MD of Schroder International Merchant Bankers, argues his case for changes to the CPF system. And
      73 words

  • Page 19 Advertisements
    • 43 19 With over 170 million cards honoured '-?'k at over 10 million establishments, MasterCard puts the whole world in your hands. And it gives you easy access to cash at 300,000 bank branches and ATMs worldwide. YOU'VE GOT THE WHOLi WORLD IN YOUR HMDS,.
      43 words

  • Page 20 Advertisements
    • 98 20 For the price of a Business Class ticket, KLM puts you in First Class. All you need to pay is the full I-ATA. Business Class Fare for any trip 4 originating from Singapore to Western Europe and you'll be issued a First Class Ticket up to Amsterdam! This privilege is
      98 words

  • SPORTS
    • 377 21 Golf AP CROMWELL. Connecticut Paul Azinger's friends are concerned because they've been watching him on television and his putting hasn't looked good. He figures that's a good sign. "This is the first year I've ever gotten in contention and I haven't
      AP  -  377 words
    • SPORT SHORTS
      • Article, Illustration
        70 21 Reuter NEW YORK National league Wednesday: Philadelphia 8 Atlanta 3; Montreal 4 NY 3; SF 6 San Diego 2; Colorado 15 Cincinnati 5: St Louis 4 Florida 3; Pittsburgh 9 Chicago 4: Houston 5 LA 3. American: Chicago 7 Texas 4; Cleveland 3 Milwaukee I; Baltimore 6 Detroit 2;
        Reuter  -  70 words
      • Article, Illustration
        53 21 Reuter TOKYO Mizuno Open leading first-round scores Thursda) (Japa- ncsc unless stated): 67 Yoshitaka Yamamoto. Tadami Ucno 68 David Ishii (US), Brian Watts (US). Ikuo Shirahama 69 Tatco Ozaki, Roger Mackay (Aus), Ilisavuki Sasaki. Also: 71 Brian Jones (Aus), Samson Gimson (Sin), Lin Chic-hsiang (Tai) 73 Peter Senior (Aus),
        Reuter  -  53 words
      • Article, Illustration
        186 21 AFP LONIX)N Wimbledon Championships selected results Thursday (x-seed) Women's singles 2nd rd: Mary Joe Fernandez (US x 5) b Ruzandra Dragomir (Rom) 6-3 6-2; Zina Garrison-Jackson (US) b Gigi Fernandez (US) 6-4 4-2 retired; Patricia lly (Can) b Mana Endo (Jpn) 6-3 6-2; Nathal- ic Tauziat (Fra xl 6)
        AFP  -  186 words
    • 494 21 Wimbledon Reuter WIMBLLDON Ivan Lendl suffered another hitter disappointment at Wimhledon yesterday as talented French players launched a stinging attack on the seeds. Seventh-seeded Lendl. seeking the one Grand Slam title that has now eluded him in 14 attempts, went down 4-6 7-5 6-3 6-4
      Reuter; AFP  -  494 words
    • 606 21 Reuter WELLINGTON The British Lions are just a day awav from a match that could salvage some national pride or plunge Britain's sports lovers into even deeper depression. A loss to New Zealand's All Blacks tomorrow will mean the Lions, the pride of
      Reuter  -  606 words
  • Page 21 Advertisements
    • 509 21 ROBINSON COMPANY LIMITED LOST STOCK CERTIFICATE Stock Certificate No *****7 for 1,000 stock registered in the name of Lee Boon Chye Mr has been reported lost. Notice is hereby given that a replacement stock certificate will be issued and the above lost certificate will be deemed duly cancelled and void
      509 words
    • 404 21 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FINLAYSON HOUSE PTE LTD (In Member*' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Act. Chapter 50. that a Final General Meeting of the abovenamed Company will be held at
      404 words
    • 396 21 IN THE MATTER Of THE COMPANIES ACT CHAPTER SO AND IN THE MATTER OF FALCON MARITIME PTE LTD (IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act. Chapter 50. that the FINAL MEETING of the Members of the abovenamed Company will be held
      396 words
    • 355 21 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF AMARICH TRADING PRIVATE LIMITED (Incorporated in Singapore) i In Members' Volunlar> Winding-up) Al an Extraordinary General Meeting of the Company dulyconvened and held at 47 Mouni Sinai Avenue. Singapore 1027 on 16 June 1993. the Special
      355 words
    • 1016 21 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF PATTANI PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members ot the above named Company duly convened and held at 6 Battery Road #22-03. 0104 at 11 00am.
      1,016 words

  • Page 22 Advertisements
    • 1266 22 Nothing BfiffltS A BmL B WHERE TO WINE, DINE AND ENTERTAIN OK J. m Alan Ng, fixtd writer ol' l.ianhc Zjobao,"lt's a high tea of distinct difference from those we had tried locally." Why go Penang? Princess Terrace Cafe introduces Penang High Tea with favourites like Penang Laksa, Fried Kway
      1,266 words

  • LIFESTYLE
    • 621 23  -  Last Action Hero is supposed to be Columbia Pictures' answer to Universal Studios* Jurassic Park. But last weekend. Hero grossed only US$ 1 5.3 million compared to Jurassic\s US$5O.l million. Bernard Weiriraub finds out what went wrong Bernard Weinraub NYT Although it's far too early
      NYT  -  621 words
    • 346 23 Recently, Sotheby's sold three bibles, two measuring 10 cm by 8 cm for £221,200 which goes to show that collectors are willing to pay tor. Reuter. AP THREE of the world s rarest and most soughtafter bibles were surprise stars at a London auction
      Reuter.; AP; Reuter  -  346 words
    • 335 23 CHATTERBOX Reuter AP AP Reuter RETURNING to work after missing some engagements last week, the Queen Mother unveiled a statue of Charles de Gaulle outside his war-time headquarters on Wednesday. Looking pale and at times a little unsteady, the 92-year-old mother of Queen Elizabeth
      Reuter; AP  -  335 words
  • Page 23 Advertisements
    • 98 23 Food for thought. The Smart Lunch or Dinner at Capers is simply the wisest choice in town. Select your appetizers from the Buffet of hot and cold starters. Then, a choice of entree, local or western. And of course, freshly brewed coffee or tea just the way you like it.
      98 words
  • Page 23 Miscellaneous
    • 1227 23 TV RADIO Steal the Shy, 3.00pm, SBC 5 Muriel Ben V Cross set sights high in this 1988 action drama. a Russian --> MiG fighter. v A Musical Journey Through Ven- n "Z ice: The Gabrielis and the 16th v m century, 9.00pm, SBC 12 yV < jT j 1990
      1,227 words

  • ADVERTISING & MARKETING
    • 726 24 A media survey shows that ads by small agencies are grabbing more attention than the industry's giants NYT As if giant agencies don't have enough problems already, a suney from a leading research company shows that consumers are being increasingly attracted to advertisements created by small
      NYT  -  726 words
    • 198 24 THE China bug has hit Ketchum Public Relations. the world's seventh largest communications firm. It has set up offices in Beijing. Shanghai and Guangzhou through its Hongkong affiliate. Newscan. according to chairman and chief executive officer David Drobis. "I feel that in the China market, since
      198 words
    • 464 25  -  New shopping trends prompt an American and a S'pore company to join hands, reports Yen Sreenivasan Ven Sreenivasan American advertising giant Actmedia International has tied up with homegrown promotions specialist Omnilink Marketing Communications to form a joint venture that aims to increase the
      464 words
    • 365 25 NYT WHEN Whatizit. a mysterious character resembling a blue amoeba with bulging eyes and purple sneakers, was introduced last year as the smiling mascot of the 19% Summer Olympics in Atlanta, the reaction was swift and biting. Many shocked sports marketers wondered what Whatizit was
      NYT  -  365 words
    • COPY LINES
      • 83 25 DMB B wins awards in New York SINGAPORE Advertising agency DMB& B Tokyu Singapore has clinched awards in the New York Festivals held earlier this month. The firm's work for J B Jet Whiskey picked up a bronze. The campaign featured people who go to great lengths to appear unconventional,
        83 words
      • 87 25 SINGAPORE The Asian Mass Communication Research and Information Centre has launched AMICNET, a new on-line database on mass communication in the Asia Pacific. The system offers access to research documents on the industry such as papers on high-definition TV. en\ironmental issues, the economic direction of
        87 words
      • 75 25 SING PORE A survey by Business Travel AVmv, a US-based travel industry publication, has chosen Four Seasons Hotels and Regent International as the best luxury hotel chains in the US. Last November, the publication sent out 7.500 questionnaires to a random sampling of corporate
        75 words
      • 81 25 SINGAPORE McDonald's has sold over 600.000 "kiasu burgers" since the promotion was launched four weeks ago. The burger chain will launch the promotion's mascot Mr Kiasu in four collectible action figurines. The figurines are endorsed by the creators of Mr Kiasu. Comix Factory. They
        81 words
  • Page 24 Advertisements
    • 845 24 (INCORPORATED IN THE REPUBLIC OF KOREA) CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME December 31,1992 and 1991 Years ended December 31,1992 and 1991 1992 1991 1992 1991 (Mdhons of Won) Minns at Won AMts Income Cast) Due From Banks 3.049.526 3,333,503 imefesJ Income 1,706,178 1418.925 Loans 4 B*s Disaxrtec 12,577,944
      845 words

  • Page 25 Advertisements
    • 289 25 Our new Media manager is PRACTISING HER ABCD Our new Media But our client couldn't Manager, Lorraine, has confirm media booking already won her till midnight. So Lorraine spurs at Chuo Senko by A retreated with her pager practising our philo- Hl j t0 local pub... Sophy of working— How
      289 words

  • 521 26 EDITORIAL WHATEVER cynics might say about the stream of country comparison studies that regularly rank Japan or Singapore top of the league, surveys like Beri's or the World Competitiveness Report are, for many politicians and decision makers, handy one-volume think tanks. Or at least useful reference
    521 words
  • WHAT THE OTHERS SAY
    • 295 26 EUROPE FACES grim times, amid fears that its worst post-war recession is likely to be deeper and politically more damaging than past slowdowns. For the first time since 1975, output is expected to fall by 0.5 per cent this year, while it is unlikely to
      295 words
    • 155 26 JAPAN'S ruling Liberal Democratic Party is facing a crucial test in its long history. Can it survive July 18's snap election? Certainly, there is growing disillusionment among members and voters about the poor reputation of the party hit by scandal after scandal. The no-confidence vote against
      155 words
    • 172 26 THERE HAS BEEN a significant change in the Chinese leadership's stand since the end of last year. Now they concede that the phenomenon of overheating of the economy exists, and is serious in some areas. Of course, they avoid using politically sensitive terms when discussing
      172 words
    • 170 26 THE BANK of Thailand and local commercial banks are on a collision course over interest rates. Will Vijit Supinit and the central bank stand up to the apparently uncompromising stance of the local commercial banks? The situation requires them to do so. But what will happen
      170 words
    • 122 26 THERE ARE reassuring signs that Koh Samui will continue to escape the worst excesses of commercialism that ruined similar resorts within 25 years of their discovery by Western tourists. Despite the development boom, the island is still charmingly uncluttered. Most resorts have been tastefully designed
      122 words
    • 142 26 THE MOST SUCCESSFUL of his official visits overseas is how Dr Mahathir Mohamad described his just-concluded 10-day stay in China. Much significance can be read into this statement the greatest being the fact that it marks a complete about-turn in relations from the not-too-distant
      142 words
  • 746 26  -  Michael Leifer says efforts to establish peace in war-ravaged Cambodia are based on assumptions which do not hold there Michael Leifer The writer is professor of international relations at the London School of Economics and Political Science DESPITE the inaugural meeting
    746 words
  • Page 26 Advertisements
    • 1012 26 ggfc UNION BANK OF FINLAND LTD Statement of accounts for the year ended 31 st December 1992 Consolidated Balance Sheet (fim miu.) Consolidated Income Statement (fim mm.) 31.12.1992 31.12.1991 ineom. 1.1-31.12.1992 1.1-31.12.1991 ASSETS Interest income 14 430.1 9 222.6 Income from special finance operations 401.6 3622 Liquid assets 7 q
      1,012 words
  • Page 26 Miscellaneous
    • 80 26 CfMvJ su)in p J f C/Msl N/OVJ U>iTv4 P\ —A V f DO NOT«4\NG M-L U)eJE*C PM-JD fXCOGFT YovjK >/ \LOPvGes_ on EEippvyp USOCUIEO WMMMM ITS. IW-IN) Et-.Q. DOONESBURY GARRY TRUDEAU BOOPS/E. DO HMM...THAT'S LORNA DOONE* NO, LORNA YOU HAVE A A TOUGH meCnOKJB* DOONZ, THS OH...THAT BUT YES.BUTSHE FAVORITE
      80 words

  • ANALYSIS
    • 1044 27  -  Leon Hadar reports on the ongoing debate in Washington about the wisdom of setting up a Radio Free Asia, to try and weaken government control over the people in targeted states Leon Hadar Ihe writer i s a Washington-based journalist
      1,044 words
    • 1594 27  -  Australian Prime Minister Paul Keatine has proposed extending the scope of the so-called 'Mabo case' decision by giving legislative recognition to native titles to land. Florence Chong discusses why this proposal has got the mining industry especially upset Florence Chong The writer is
      1,594 words
  • Page 27 Advertisements
    • 121 27 THh® IBsafedt lUIINPROC HOUSC For This Retail Gem. fcu^ji.-JBijrj'iM'uvA'^.nj.iwJi.u Lot 2, 50 Bay View Tee, Claremont FuLLY LEASED TO MiNPROC HOLDINGS LIMITED ON B+s YEAR H Securely leased to McDivrn Jewellers li» 14/J/2002. I C urrent net income LEASE. CURRENT NET INCOME $449,852 P.A. of 560,850p.a. Prime location. B 1
      121 words

  • 462 28 Negotiators to meet again on July 6 before G-7 summit AP. Reuter TOKYO Part of a long-dc-laycd agreement on a market access package a prerequisite for ending the Uruguay Round of international trade talks is nearly complete, top negotiators from the United
    AP.; Reuter  -  462 words
  • 153 28 AP BEIJING China said yesterday that it has protested to the United States government over American plans to set up an Asian Democracy Radio. "The real purpose of the US government in setting up this radio is to interfere in the
    AP  -  153 words
  • 575 28 Reuter. UPI MARSEILLES, France Kurdish militants sci/cd hostages at Turkish consulates here and Munich yesterday in an unprecedented, coordinated wave of attacks on Turkish targets across Western Europe. The Marxist Kurdistan Workers* Party (PKK), waging a guerilla campaign for an
    Reuter.; UPI; Reuter  -  575 words
  • 205 28 AFP KUALA LUMPUR Mala>sia is building a super tower for teleeommunication and broadeast services that ean also help in the surveillance of the Malaeea Straits. Prime Minister Mahathir Mohamad said veslerda> that the upcoming MS27O million (SSI 70 million) 422-metre tower would be built
    AFP  -  205 words
  • 784 28  -  The Bottom Line JACKIE SAM JACKIE SAM The writer is a Hongkong-based political consultant who contributed this commentary to BT. IN A last-minute switch. Beijing has appointed Foreign Minister Qian Qichen to head a 57-strong working group to lay the groundwork
    784 words
  • 249 28 AP SEOUL Communist North Korea has successfully tested new intermediate-range missiles capable of hitting Japan with nuclear warheads. South Korean military authorities said yesterday that in late May. North Korea testlaunched four missiles believed to be "Rodong-I" models, with a 1.000-km range, over
    AP  -  249 words
  • 268 28 AP WASHINGTON The number of Americans filing firsttime claims for jobless benefits jumped by 8.000 last week to the highest level in nine weeks. The Labour Department said yesterday that new applications for unemployment insurance totalled 353,000. up from a revised 345,000 during
    AP  -  268 words
  • Page 28 Advertisements
    • 86 28 NEC Ultra Lite Versa VERSATILITY TAKES YOTANYWHEBE The Mulberry Pi Planner And the importance of knowing WHO'S WHO WHAT'S WHAT. Hand crafted in a selection of fine leathers. A choice of colours from a rich teak to a panama cedar. Page-a-day or week-to-view diary K A V ii he rr
      86 words
    • 21 28 Japan trade barriers cost US billions: report, Pg 9 Pondering the export of democrac) over the airwaves to Asia, Pg 27
      21 words
    • 35 28 NEC ahmdVf~th! re!t ■s FINANCIAL NEWS 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
      35 words

  • Shipping Times
    • 394 29  -  Multimodal Asia-Pacific '93 By Ramesh Divyanathan SINGAPORE Shipping lines are likely to launch more direct services to the larger regional ports. But regional hub ports, such as Singapore, will still play an important role. Transport consultant John McPherson said this in
      394 words
    • 261 29 SINGAPORE The Asian shipping industry will hold a two-day maritime disaster management conference at the Oriental Singapore here on Monday. Organised by AIC Conferences, the forum will focus on practical, cost-effective ways to deal with maritime disasters. Realistic plans to deal with such
      261 words
    • 417 29 Rival Devonport yard expected to win Trident refit work FT LONDON The two-year battle over the future of Britain's naval dockyards reaches a climax yesterday with a growing assumption among politicians and defence officials that Rosyth's eleventh-hour bid to win the Trident refit work
      FT  -  417 words
    • 1111 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 Appcnship 18 1/2 Arabian Express 15 5 ASCL 5 5 Asian Breakbulk 15 1 ASXCL
      1,111 words
    • 368 29 Bloomberg Business News BREMEN, Germany German shipbuilder Bremer Vulkan Verbund AG plans to post steady profits this year, chief executive Friedrich Hennemann said. "Despite the recession, which has caused a drop of new orders at Bremer Vulkan. management is sticking to its aim to
      Bloomberg Business News  -  368 words
    • SHIPS IN PORT
      • 590 30 Vessel Voy No Berth Arrival Departure Jurong Port Abadi Id,a A], 93,06 15 atorgafr 25.06,1500 HydetabM U8HW J7/8 alongside 2506 1600 Ivory (lay 11 J6 alongside 25 06/0600 Kuei We 1 M/5 aiongsrfe 2506/2300 SPCXI 112 alongside 25 06 0600 Betstat 15/6 2506,0730 2706 0800 Canterbury T
        590 words
      • 1594 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance RsKs Ship Voy No Etb/Btr Period From To From Ac. Row 4 IB 25/2000 1 24/1500 24/1659 24/1900 2 24/1700 25/0659 25/0900 Ac, Vtokt 22A 26/1700 1 24/1500 24/1659 24/1900
        1,594 words
    • 12061 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,061 words
    • 673 45 DRY cargo freight rates continued their overall downward trend but the pace of the fall showed signs of slowing down with some routes marked-up. Dealers said business on the key US Gulf/Japan heavy grain run at firmer rates of U5525.40 and U5525.50 saw the rate for the route
      673 words
    • 464 45 COURSES Title: Handling Transportation of Dangerous Liquids (Ap-proved-in-Principled SDF) Duration: July 2 Dec 17 (6 courses of 3 mornings duration) Organiser Singapore Port Institute Tel: For further details and application forms contact SPI at 321-1707 (Operations Courses) 321-1107 (Marine Course) or fax: 321-1416. Title: Developmental Safety Training Duration:
      464 words
    • 568 45 June 17 Density Water Residue Ash Akmiun Sedmnt Density Water Residue Ash Afcmrium Sedmnt M/M I M M Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 1 V/V M/M M/M 'PPM method 60/Cmac Lints Spec E25 991 1.0 15.0 0.10 30* 0.10* Eastern USA 180
      568 words
    • 832 46 The French government has stated its intentions to privatise Compagnie Generale Maritime but can it get rid of the loss-incurring carrier? International Transport Journal NOW THAT the stateowned shipping line Compagnie Generale Maritime (CGM) has appeared on the list of 21 companies scheduled for privatisation, there
      International Transport Journal  -  832 words
    • AIR AND LAND TRANSPORT NEWS
      • 692 48 NYT SINGAPORE Singapore Airlines (SIA), going against conventional wisdom, is sceptical that mergers and megacarriers will rule the skies of the future. Although buffeted by a sharp drop in operating profit 4nd uncertainty about the fate of its alliance with Swissair and Delta
        NYT  -  692 words
      • 595 48 Reuter AUBURN HILLS, Michigan, General Motors Corp and the United Auto Workers kicked off contract talks on Wednesday with GM seeking cost cuts in its parts plants and the union saying health and job-security benefits are sacrosanct. Gerald Knechtel, GM's top negotiator
        Reuter  -  595 words
      • 288 48 MBT KUALA LUMPUR Activity in the local motor assembly sector picked up slightly in the last two months but the production rate to date has remained smaller than last year's. According to the latest statistics compiled by the Malaysian Motor Vehicle Assemblers Association (MMVAA),
        MBT  -  288 words
      • 332 48 MBT KUALA LUMPUR Malaysia Airlines (MAS), which now has six flights a week to China following the signing of an agreement last week, might have to give up one of the flights to the proposed second national airline. Transport
        MBT  -  332 words
      • LOG BOOK
        • 90 48 Bloomberg Business News Hongkong The government will announce terms for the contract to build and operate the third road tunnel under Victoria Harbour today. The tunnel, helping to link Hongkong's proposed new airport at Chek Lap Kok on the western edge of the
          Bloomberg Business News  -  90 words
        • 57 48 AFP JAKARTA Indonesia's national flag carrier Garuda has cancelled the purchase of three McDonnell Douglas MD-11 passenger planes, after evaluating the aircraft's capability, a news report said here yesterday. The economic daily Bisnis Indonesia quoted Garuda president Wage Mulyono as saying the government had
          AFP  -  57 words
        • 78 48 Knight-Ridder WINNIPEG Movement of freight on Canada's BC Rail lines was reduced significantly on Wednesday after unions established picket lines at the company's North Vancouver operation. The union action shut down northbound movement, said Hilary Thomson, senior communications officer for B C Rail.
          Knight-Ridder  -  78 words
        • 83 48 AFP PARIS France's Dassault Aviation firm has just sold two new Falcon 900-B aircraft to a "large Russian company". The two aircraft, intended for flying VIPs, will be assigned to a "special Aeroflot section" for such flights. Dassault Aviation said the contract was the
          AFP  -  83 words
      • 1428 48 a& nw eta w no Afcu PfcaM GA928 0040 Adaiaida QF81 1940 QF82 2055 SQ227 2230 Ansterdam KL837 1445 GA890 2310 SQ323 1815 SQ324 2345 GA892 2359 Mm* SQ348 2300 Auckland NZ35 1550 BA11 1505 SQ288 2030 SQ285 2015 8A12 2200 NZ36 2340 Bahrain GFI49 0650
        1,428 words
  • Page 29 Advertisements
    • 12 29 BusinesslT Every Monday in Business Times Who will buy CGM?, Page 18
      12 words
    • 35 29 SIA sees no need for mergers, megacarriers, Back Page Lin«s and service represented by Members of the Registry ol Accredited fcgE&kV Shipping Agents, Singapore National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      35 words
    • 120 29 E FAMOUS > on <b i Imbom ■BMlllg|J 224 1833 For more information please refer to Pg. 13 MARITIME m CHALLENGESCTJ 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
      120 words

  • Page 30 Advertisements
    • 483 30 jO* TSKLINE AGENCIES (S) PTE. LTD. r I 1 W T|krp Tel: 226-3363 nP*5 JL JX» IJIMr Fax:226-*****3 rgtn/ 'w—■ Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I HKAWAI 306 23.06 *25.06 2106 «M»6~ 0107 0917 1007 KLO7 Ul7 ACX VWIET 228 **2106 "3006 29.06 02.07 06.07
      483 words
    • 1493 30 WBBS3WPBH I EXPORT I ppppt TO WA wpfT,9QAfT fcx-BP9WB gAMFpiwtA ffPNfUn TQ|A«TWOTglf*f>y«tfm«tTO^tMyH^ job m_ m» u I an ia n I mi Ihbbtm w _b ina_ tai wt rrai w« btwi nn«« nat mnum nw mam aw mktmm tww NEPTUNI CRYSTAL 14F 301 7 17 7|117 21 7 22 7I
      1,493 words

  • Page 31 Advertisements
    • 2551 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. *****13 FAX *****42 PETALING JAYA TEL: 03-*****76 FAX 03-*****42 DOCUMENTATION TEL *****64 FAX: *****09 PENANG TEL *****4 FAX. *****1 CFS TEL: *****6 ;aRp BOOKINGS TEL: *****80 *****81/ *****82 Ip O H *****3/4 FAX *****6 CFS (PSA F5) TEL:
      2,551 words
    • 2189 31 SAILINGS TO HONG KONG/TAIWAN/JAPAN/KOREA/PHILIPPINES/ CHINA SEA-LAND EXPRESS V.194E ETA SIN 28TH JUNE 1993 MAYVIEW MAERSK V.9306 ETA SIN 29TH JUNE 1993 LUNA MAERSK V.9310 ETA SIN 30TH JUNE 1993 vessel Voy ETA ETD Feeder by s DESTINATIONS This met* MAYVIEW MAERSK 9306 29 06 0800 HRS CfS -28 06 2359
      2,189 words

  • Page 32 Advertisements
    • 1653 32 AQABA R OAM/ [i ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) STON H BURG A WERP HAVRE WEST MALAYSIA DANUBE 08/324 27/6 6/7 12/7 15/7 16/7 20/7 22/7 Poft Kelang. Pefiang KAMAKURA 29/125 30/6 17/7 20/7 IS/7 Pasif Gudang DRESDEN EXPRESS 11/325 3/7 12/7 18/7 21/7 24/7
      1,653 words
    • 564 32 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul tor all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocT<s>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE SIRIUS V9129W 27/06
      564 words
    • 1234 32 1 MW REGULAR INDEPENDENT FULL CONTAINER SERVICE NORASIA SINGA 9324-3 01/07 24/07 31/07 01/08 28/07 29/07 30/07 31/07 02/08 01/08 I NORASIA SHARJAH V 9325 3 08/07 31/07 07/08 08/08 04/08 05/08 06/08 07/08 09/08 08/08 NORASIA MUBARAK 9326 3 15/07 07/08 14/08 15/08 11/08 12/08 13/08 14/08 16/08 15/08
      1,234 words

  • Page 33 Advertisements
    • 2085 33 K STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line EiailltUUAM4liAß*AiiiAiMklilHUlUM3M qpeb (a service of china navigation co) CARGO 001 S**S Mil BAIAH BROOKE VISE Muni, lab 21 23 lun In Pt 25 Am FCL LC I container
      2,085 words
    • 2692 33 In n SINGAPORE AGENT: |)Xf/| P&O Containers (Singapore Agencies) Pte Ltd X iXw VjUllidlllVl 3 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0206 Tel: 225 2233 Tetex RS ***** PNOCSP Fax: 225 5327/222 7517 W CR Number **********0Z EXPORT IMPORT VESSEL VOY *PNG 'PKO SIN ALQ SOU ANT HOT
      2,692 words

  • Page 34 Advertisements
    • 764 34 PfiKfl I INDONESIANATIONAniN^^^ »TO EUROPE l*.-> fEXPTOTOgEMT-CXWTAWgI BHB>«WWBg I I DOT SfOB BMW MM HBt BWMW MMW lan NIIAYA 37W8 28/6-2/7 31/7 S/« H/l 13/» I HUTAI I V2MB 24-27/7 IJ/I »/l 30/1 4/9 TO W> FUfcl. COgnaMXgß EAST COAST PORTS nanffl fKL Spout STO Mltß BBC Ftt AOEL AMP
      764 words
    • 2015 34 HANJIN SHIPPING FOR VSL SM I LMIHAU. StA POI TOR VSI SM ILME HAUL SAV KM NYC HANJM HAMBURG 014E Ml OKCT 22/7 24/7 HARM HAMURG 0141 1/7 N ASIA 0101 5/1 C/l l/l HARM SMGAPORE 0101 t/7 ORECT 29/7 31/7 HAIUN SWGAPORE 0101 8/7 A HONGKONG 0401 12/1 13/1
      2,015 words
    • 1461 34 IPU W «S6 MKG Hit TO NT OS* NET OB NO LAI CMS Ml NVC lift MM MM T» MS PSO CM Ml SGP I I aim M 042 29/1 Ml V 7 7/7 9/7 Wl 11/7 15/7 11/7 17/ I U/7 M/ 7 11/» IJ/I 14/1 24/1 25/1 H/l
      1,461 words

  • Page 35 Advertisements
    • 2064 35 I II sex: 'NEPTUNE CRYSTAL ME" eta Singapore 30/06/93 II H II ARRIVING LOS ANGELES 17/07/93 IN 16 DAYS HI II AEX:'NEPTUNE RHODONITE 10E'ETA SINGAPORE 01/07/93 II M FEEDER VESSEL VOY PEW PHC MOTHER VESSEL VOY "T&T" LOS OAK VAN SET PLC CCC DAL HOU ATL MPH WYK n PERKASA
      2,064 words
    • 1153 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****33 BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHIPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO:
      1,153 words

  • Page 36 Advertisements
    • 1526 36 K44 v AS AGENTS KAWASAKI SINGAPORE (PTI) LTD (Ci Mo: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 W MALAYSIA: K" UNI MAAITME (MALAYSIA) SON BHO aw TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I i*i m» INDONESIA: P.T. SARANA LAUT INTDtNUSA, TEL: JKT *****08
      1,526 words
    • 637 36 PHILI-Oni€NT LINGS PT( LTP r 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 1 JUL SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 1 JUL AUCKLAND. WELLINGTON, LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH 2
      637 words
    • 433 36 GOLDEN LINEA Lftfy GUAN GUAN SHIPPING «2SZA pTE > LTD 23. Wif ttrfi SMGVOK 01M m *****01 (10 UES) Fai: *****04 (01 lb. 1012»55Wm» OTRAIT6/PEKOIAM coir mWCT S pore P. Kelang Penary SOUSN KM Htitchi Dubai 21/31 )w GOUOI HMtCSt Ranch. Oub» 1/1* M? CHIHA SERVICE GOIOEN WONKR China Pom
      433 words

  • Page 37 Advertisements
    • 984 37 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSSI4O Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO **********0E I ■rVfjilQl VESSEL VOY SIN BKK SIN fvCSSEL™" VOY SIR JKT S»T m KOTA SINGA 3*l 27/6 30/6 4/7 KOTA SABAS KSBOSN 27/6 30/6 4/7 BUNQA TERATAI 3363 29/7 2/7 6/7 SRISAMUT (THAI
      984 words
    • 1723 37 ttSStIS VOT VIA FEEDER SPORE HAMBURG ROTTERDAM ANTWERP THAMES "L£ HARVE AU OC SOWS SI2IW 27/06 21/07 25/07 it/01 27/07 29/01 MUt Dl VENUS 0220W 03/07 30/07 01/0* U/M M/W OVM POl [AST 7221 m U/07 04/00 00/00 00/00 10/00 12/00 Wilt Dt fOHTMW H2OW 10/07 H/00 I</M 17/0 1,/
      1,723 words
    • 420 37 BSA 4 MA MYANMA Ufe FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf 04KAN VIOTW In Port PA-AN VI92W 30/02 Jut AGAN VIWW 06/01 M MAIATIU AGENTS BOUSTIAO SMPPtNG AfiWCK KUL TEL 03-*****00 PHI: TU 03 36M767 PEN TEL 04 (***** PGD TEL 07-*****1/4
      420 words



  • Page 40 Advertisements
    • 2663 40 Full Container Liner Services Malaya's Agents: Indonesia's Agents: General Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd Shipping Freight Booking Centre Ma Bhd SI Peniarao Pais Muda Una Let 3.34, 3rd fleet, I—** 11, 23 0
      2,663 words

  • Page 41 Advertisements
    • 678 41 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 ***** MARSEILLE/FRANCE 26/06 FELIXSTOWE/UK 28/06 BARCELONA/SPAIN 26/06 LEHAVRE/FRANCE 28/06 GENOA/ITALY 26/06 ANTWERP/BELGIUM 28/06 LOS ANGELES/WC/IPI 01/07 SYDNEY/MELBOURNE 27/06 NEW YORK/EC 01/07 FREMANTLE/ADELAIDE 30/06 VANCOUVER 30/06 BRISBANE 30/06
      678 words
    • 671 41 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) ]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel Ivov eta lOACMNG FOR SPORE ANONET 3IVKB 03'06 DARESSALAAM MOMBASA OJBOUTI ASSAB MASSAWA ABYOT 33W8 05/09 DARESSALAAM MOMBASA
      671 words
    • 934 41 JAKARTA BANGKOK RAM BHUM 555 STpi 29/6 OREGON St NI OS* 41N In PI 25/6 Tut 29/6 BRA BHUM 0«S 20/0 30/ C NAHTA BHUM 147* Sit 20/0 M* 30/4 ninnn miuw *s nil Tn ciwta bhum mm ut x/t 29/0 XETHA BHUM 02* Mon 20/6 Frf 2/7 30/6 3/7
      934 words

  • Page 42 Advertisements
    • 1439 42 puti^ MAC-NELS SPORE: *****22 (24 LINES) *1 J\/ V Jr/n Mo; **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 J P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 2 HKG/TWN/BKK I GOTH/UKC/MED PORTS J PEN PKL SIN EVERY TUE/THUR/SAT PEN PK SIN 27/6 28/6 29/6 Hoot Kont
      1,439 words
    • 200 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ITA IU ETA STOW PWI MIME PINANG am MH j/7 nt Loading lot Mile 'Bangkok: MUVM MDHU 30 6 lOidNif tor Calcutta DOfWI hi Port loading f<x Mate rati* sumi* l/; Loading for Mate UMC£m 25/1 Loading For Male mOSHSS IBttlY 2/1
      200 words
    • 930 42 r THONG SOON UNES PTE. LTD.I 78 SHENTON WAY #10-01, SINGAPORE 0207 TEL: *****88 FAX NO: *****11 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING IMb *****65 WNaAPowe TO «*RAWAK VESSEL VOT S'POtE PEST VESSEL j»OT S PORE OEST EQUATOR JADE 81/3E 25 JUN KUCHING EQUATOR ROYAL
      930 words

  • Page 43 Advertisements
    • 799 43 WgV'EVERETT ORIENT LINE" JAPAN BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BKMBU.K SOC CARGOES TO FROM KOBE YOKOHAMA NAGOYA. MOR. TOKYO*. MANIA*. DAVAO* 4 Pwiant* P. Kelanj Singapore E'Msia* KARABf VERETT VI2E 02/03 Jul SHAPLAEVERETT VI6E 11/12 Jul 13/14 Jul IVYEVERETT VSE 17/18 Jul 19/20 Jul ACCEPTMG MEAKBU.K FCL SOC CARGOES 10
      799 words
    • 323 43 Bt GLORY NAVIGATION GROUP *4K4fctJ«U* 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 25/6 27/6 28/6 7/6 GLORY SELATAN V 15/6 22/6 SP PKL HCM HK KAO HSIEH YUNG 30/6 ACCEPT CLASS CARGO
      323 words
    • 689 43 PGSL -WORLDWIDE PANAMA -GLOBE STEAMERS LIKES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING COMTRS FOR RENTAL SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO SOUTHERN
      689 words
    • 451 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SIN DURBAN P ELIZABETH SIN FENGANSHAN V 122 04/07 20/07 23/07 11/ OS FENGMANGSHAN VS2/S3 19/07 OS/OB OS/OS 26 08 FUVUSHAN V 46/47 04/08 20/ OB 23/08 11/09 ALSO ACCEPTING TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS
      451 words
    • 298 43 S|N FAR EAST 29/6 KEELUNG/KAOHSIUNG 3/7 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 SIN CHINA 27/6 GUANGZHOU/HUANGPU/SHEN2HEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIAN JIN QINGDAO/ HAIKOU also accepting LCL cargo SIN EUROPE/UK 28/6 LON/FLX/LVP/SOU 28/6 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. S[N USA/CANADA
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  • Page 44 Advertisements
    • 780 44 HONG KON6/CHINA 28/6 5/7 JAKARTA 2/7 9/7 BAN6KOK 30/6 3/7 MANILA 2/7 9/7 BUSAN 28/6 5/7 KEELUNG 1/7 8/7 TOKYO/KOBE 2/7 9/7 KAOSHIUNG 29/6 6/7 PORT KELAN6/PENAN6 2/7 9/7 YOKOHAMA 2/7 COLOMBO 1/7 8/7 FELIXSTOWE/HAMBURG 2/7 9/7 CHITTAGONG/MAORAS 28/6 5/7 ROTTERDAM/LE HARVE/ANTWERP 2/7 9/7 BOMBAY/KARACHI 28/6 5/7 BARCELONA. MARSEILLES. GENOA
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    • 348 44 f/ Conform C'ONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND IST JULY ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 1 JULY PORT KELANG 1 JULY JAKARTA 27 JUNE BANGKOK 27 JUNE SURABAYA 26 JUNE FREMANTLE 29 JUNE MELBOURNE 1 JULY SYDNEY 1 JULY BRISBANE 30 JUNE I^GOTHSburg^^^3JUL^^^| 'ACCEPTING TO ALL SCANDINAVIA PORTS
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    • 569 44 CONSOLIDATION TO LIMASSOL FIRS'! FORWARDER IN VESSEL SPORE SENATOR WM325 isoroVtt" D RQ\ ETD 1 JULY 93 CLOSING: 29 JUNE 93 ALSO ACCEPTING CARGO VIA LIMASSOL TO rfv BEIRUT. HAIFA. LATTAKIA. MALTA CALL.US NOW FOR BOOKINGS INTERNATIONAL SEA FREIGHT FORWAROMG Tel: Fax: AND LOGISTICS SERVICES Singapore 778 6522 *****38 Johorv
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    • 112 44 H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACH>/NEW YORK/ CHICAGO/SYDNEY/MELBOLRNE/HAMBURG/ FELIXSTOWE/ROTTF.RDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI, SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore every
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  • Page 45 Advertisements
    • 1137 45 mi.l. ROUEN/3217 eta Sin V 7/93 DIRECT CALL TO NELSON (N.Z) Nedlloyd Lines OCEAN VESSEL SW LEH RTM(I) HAM(2) BRV FLX GOT VESSEL Jkt PJlf Sin Sluyi Mil Fiji(A) Nftymouth Timaru Lyt(B) ton«in(B) Napw M|(C) Tauranga BMf Ndson B Pelangi/2203 29/6 17/7 18/7 19/7 21/7 22/7 20/7 Rouen/3217 ?6/6 29/6
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  • Page 45 Miscellaneous
    • 206 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR OOOO 0100 0200 0300 0400 0500 %00 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1S00 1500 2000 2100 2200 2300 TOMORROW'S TIDES HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0X00 0900 1000 1100 1200 1300
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  • Page 46 Advertisements
    • 662 46 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 56N8 25/06/93 03/07/93 FRD*!°IND MOMMY VIGOUR SINGAPORE 56ANB 2S/06/93 03/07/93 VIGOUR PACIFIC 21W 02/07/93 10/07/93 VIGOUR PACIFIC 21ANB 05/07/ 93 J 10/07/93. PORT KLANG/PENANG FULL CONTAINER SERVICE VESSfI VOYAGE SINGAPORE PORT KLANG PENANG MARWA MAS 9383N8 24/06/93 26/06/93
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    • 379 46 lawi FREIGHT management I GENERAL: *****11 BOOKING: *****55 *9* 1 FAR EAST Taiwan Kaohsiung, Keelung Korea Busan Hong Kong Hong Kong also accepting to all China points via Hong Kong J gam EES FREIGHT SERVICES PTE LTD r m #01-60 Wallich Building, Singapore 0207 4 K] Tel: *****66 (10 Lines)
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    • 381 46 O.K. LINE CAHAYA SAMUDERA SHIPPING (PTE) LTD FULL CONTAINER SERVICE SPORE JAKARTA/SEMARANG/SURABAYA/P. KELANG/PENANO VESSEL VOV S« KT SKG SBY PEN PKG KMtUNW JAVA I 377/37S 29/6 1/7 TAKMtI I 1-159/1-160 2/7 4/7 SWMMVA 049/050 26/6 2t/6 TBH-1 2/7 5/7 TBN-2 27/6 30/6 TBH-3 29/6 2/7 I JL cosco UKC CONVENTIONAL
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  • Page 47 Advertisements
    • 896 47 A HYUNDAI I MERCHANT MABIHE CO. LTD. WESTBOUND TO EUROPE I VESSELS VOY PNA 1 PKE PGP 1 VESSELS VOT_ SW RTM AWT* LEH* HAM Bttj FEL NORASIA MALACCA 9322 A 22/06 23/06 24/06 H. INNOVATOR 304W 2S/06 16/07 16/07 17/07 IS/07 18/07 20/07 HMM ADVANCE 21A 29/06 30/06 01/07
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    • 492 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS rtSSU NT ff n RK RR SMII il MKNT Id I k ft 26/1 (MA 21/6) CO9IC OMUtKU 21 M/l 2t/l ctsac USUI 21 1/7 URI AACOTR M 7/7 ISlil TIROU 21 «/l 1/7 lII9M II 7/7 1/7 11/7
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    • 972 47 JEDDAH/UK/CONTNENT ISTOK ID S TON HBURG RVRM lEH •Mm feccptrf Carp For DRftH 66/324 27/8 8/7 15/7 11, 7 20/7 22/7 Southampton :toM UK desttufan. Mml »4 Ortfti RRRMKURR 29/125 30/6 17/7 20/7 22/7 Rotterdam :to al Rnhwrp Rmt*4an OA MM OKSKN tVKSS 11/325 3/7 21/7 24/7 26/7 21/7 SauthMpton
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  • Page 48 Advertisements
    • 11 48 rF 1N VE ST WE N T^il Tomorrow in Business Times
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    • 190 48 I I INVESTMENT I .A P.O.L. AGENCIES (S) PTE LTD We are a new shipping agency company. As part of our build- I up, we are looking for capable candidates to apply for the positions of:- I I A. COMMERCIAL MANAGER I Education Min 'A' level or equivalent I Experience
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