The Business Times, 7 July 1993

Microfilm: NL18842
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Wednesday July 7 1993 75*
    13 words
  • 2am LATEST
    • Article
      Japanese opposition against UN seat
      73 1 TOKYO Despite the current Japanese government's wish to win a permanent scat on the UN Security Council, five of Japan's nine major political parties oppose the idea, according to a poll by the A.sahi Shimhun. In opposing the idea, the Social Democratic Party, Shinto Sakigakc
      73 words
    • Article
      Lock icon Italian govt wins confidence vote
      76 1 Reuter ROME The Italian government yesterday won a vital confidence vote in parliament over its plans to save some US$lO billion in 1993 through spending cuts and new taxes. The savings arc contained in a mini-budget unveiled in May. Opposition parties, trying to block its
      Reuter  -  76 words
  • Article, Illustration
    MARKET SUMMARY
    112 1 Stock market indices Ttcsdiy Change STII 1,818.97 -6.95 KLSE Composite 731.67 -0.84 Nikkei 19,829.78 +206.72 Hang Seng 7.168.34 -37.07 SET Index 887.42 -0.37 Jakarta Composite ...361.OS +1.47 CLSA China B 935.8 11.98 Ausl All Ord 1,764.2 -1.7 FTSE 100 2,848.1 +9.6 Tanday Prevton I pot dose Dow Jones
    112 words
  • Article
    Lock icon Top Japanese managers want end to one-party rule: survey
    146 1 Bloomberg TOKYO Managers at a majority of leading Japanese companies believe the ruling Liberal-Democratic Party's 38year grip on power should end, according to a survey by the Sihon Keizai newspaper. The Japanese language daily reported that 83.6 per cent of managers
    Bloomberg  -  146 words
  • Article
    Free trade system hangs in the balance as G-7 leaders meet
    664 1  -  From Anthony Rowley in TOKYO AS leaders of the Group of Seven nations converged here yesterday for their three-day summit, the fate of the world's multilateral trading system continued to hang in a delicate balance. Ahead of today's summit
    664 words
  • Article, Illustration
    Lock icon Taiwan stocks surge 3.6pc as US$7.5b plant goes ahead
    369 1 Reuter TAIPEI Taiwan's stock market surged 3.6 per tent in a rebound triggered by news that the Formosa Plastics group would soon begin building its long-delayed US$7.5 billion petrochemical complex. Bargain-hunting and a late wave of buying pushed the index up
    Reuter  -  369 words
  • Article
    S'pore spends less on health care but people live longer
    521 1  -  By Chuang Peck Ming SINGAPORE spends less on health care than almost any other country, but its people live longer than most, the World Bank says. According to the bank's World Development Report 1993, Singapore spent 1.9 per cent of
    521 words
  • Article
    Lock icon China's army at odds with Communist Party: reports
    480 1 AFP BEIJING China's army is putting up political resistance to the communist party as radical economic reforms erode an allegiance that is crucial for the party's survival, according to official reports. Military leaders arc ignoring appeals to strengthen "political study sessions", complaining
    AFP  -  480 words
  • Article
    Lock icon Yuan leaps 12pc in Shanghai, analysts suspect intervention
    419 1 Bloomberg Business News Hongkong The Chinese yuan made a huge comeback yesterday. It leaped 12 per cent on the Shanghai foreign exchange centre, a move Chinese officials *ee as a vote of confidence that the new austerity programme will tame spiralling inflation.
    Bloomberg Business News  -  419 words
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      178 1 TEMPORARYoPERMANEHT JJggR CONTENTS 1 Nan Companies S pore News 2 S pwe*sa 9.10 Regional News 3.4.7 Financial 13.14 World News 8 Features Markets Analysis 27 Clob/KLSt. SES 19. 20 E (Moral 26 R<*»nal 17 Sports 21 World 16 TV/litetyle 23 Currenaes -.16 Record Analysis 24.25 Sma/Commo 16 Snb«cri»tion Tel 1800-*****77
      178 words
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      9 1 Regional Analysis: Pg 24 Asian response to G-7 slowdown
      9 words
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      24 1 Hock Lock Siew: Pg 9 Pengkalen is looking up Will Japan speak up for East Asia, Page 24 Run-up to the summit. Back Page
      24 words
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      127 1 The Botmiti Line: Back ph Clash ojL& \lturesor ijwcfim? m a 01 bei (norlh) Dhe best of Forge new frontiers. the North. And Cross the boundaries, South. And East. in matters of taste! And West. There truly no limits to the pleasures ft The j£ n r, f-i inimitably the
      127 words
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      20 1 IN GERMANY SCHUHE BOUTIQUE #(•2-28 RAFFLES CITY SHOPPING CTR TKI *****28 Zhu orders bank chiefs to tighten credit. Page 4
      20 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Executive mobility up
        201 2  -  By Teh Hooi Ling DEMAND for professionals and executives outstripped that for non-executives last month. The number of job advertisements in The Straits Times Appointments section rose by 16.7 per cent last month. In comparison, the number of vacancics in the Classified ads, mostly for support/production posts,
        Source: ST Appa/Notices  -  201 words
    • NEWS ROUNDUP
      • Article
        New SDF scheme off to good start
        122 2 SINCE its launch last month, the Skills Development Fund's sponsorship scheme for faining in precision engineering has attracted 40 companies, which will send about 160 trainees for the NTC-2 courses, says Dr Law Song Seng, director and chief executive officer of the Institute
        122 words
      • Article
        Over-achievers among Malay pupils
        72 2 AN Association of Muslim Professionals survey shows that 10.5 per cent of the performance of Malay/Muslim students are overachievers and high performers. The survey is taken from a sample of 1,313 Malay/Muslim pupils from nine schools. According to the research project consultant, Dr Peter Lam Tit
        72 words
      • Article
        Another 532 tenanted shops for sale
        63 2 THE Housing and Development Board is offering another 532 tenanted shops for sale to existing tenants- under the sth batch of the Sale of Tenanted Shops programme. The shops are in Ang Mo Kio, Telok Blangah Crescent, Aljunied Avenue 2, Haig Road, Aljunied Crescent,
        63 words
    • Article
      Semicon equipment maker's business soars
      354 2  -  B* Teh Hooi Ling SWISS semiconductor equipment maker ESEC Industries (Far East) has clinched about US$3O million (5548.5 million) worth of contracts in South-east Asia in the last few months another indication of the thriving semiconductor business in this part of the world. The company,
      354 words
    • Article
      Seiko Epson setting up $19.5m integrated circuits plant in Jurong
      198 2 JAPAN'S Seiko Epson Corp will set up a 1.3 billion yen (5519.5 million) plant here to assemble integrated circuits. The plant will be located in the Jurong premises of its wholly-owned subsidiary Singapore Epson Industrial Pte Ltd. Machinery and equipment
      198 words
    • Article
      UK consultants buy 70pc stake in local firm
      207 2 LOCAL FIRM Opinion Research Consultants Pte Ltd has tied up with Market Behaviour Ltd (MBL), a major LK-based consultancy group. The British firm will take 70 per cent of the shares in ORC, which was set up in 1989 by its present
      207 words
    • Article, Illustration
      Devon's troubles began when M'sian unit lost $80m in '92
      492 2  -  By Quak Hiang Whai DEVON Industries Sdn Bhd (DISB), a Malaysian subsidiary of the financially-trou-bled Devon group of vegetable oils companies, lost $80 million last year, triggering off its current financial crisis. This was disclosed yesterday by a Devon spokesman
      492 words
    • Article
      Twenty-five S'pore firms obtain ISO 9000 stamp each month
      332 2  -  By Ven Sreenivasan THE NUMBER of companies in the Asia-Pacific region receiving ISO 9000 certification is growing by up to 400 per cent annually. This observation, made by international certification bodies such as SGS International Certification Centre, singles out China, Japan
      332 words
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      257 2 O OMEGA The sign of excellence. MANAGEMENT DEVELOPMENT INSTITUTE OF SINGAPORE FOUNDED 1956 HlhB IN COLLABORATION WITH UNIVERSITY OF EAST LONDON i 1 MASTER OF BUSINESS ADMINISTRATION 1 S H (6TH INTAKE) J M The University of Eoa London MBA degree is highly valued inrernorionolly for its effecriveness in developing
      257 words
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      89 2 y**^ |M|fcYOUR CHANCE TO WIN |HH| EXCITING TRIPS AND OTHER |^^H FABULOUS PRIZES |H|H i n p«ize: A trip for two to To win, pick up an issue of Buiinai*flWbak beautiful Gold Coast, magazine from 7 June to 30 August 1993. HBfiHHjH Australia Entry forms are in the 7 June
      89 words
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  • THE REGION
    • Article, Illustration
      Lock icon Malaysia expects oil and gas industry to spur growth
      450 3 Nation's supply of natural gas poised to become major energy source Bernama KUALA LUMPUR The Malaysian oil and gas industry is expected to continue to reg ister healthy growth, spurring the growth of the manufacturing sector and the country's overall economy,
      Bernama  -  450 words
    • Article
      Lock icon Ex-military officers may get to be directors
      224 3 Bernama KUALA LUMPUR Malaysia's Home Ministry is making it mandatory for security firms to appoint* retired police, army or prison officers as their directors. This is one of the stringent rules it would introduce to govern the 167 security firms in the country,
      Bernama  -  224 words
    • Article
      Lock icon KL manufacturing sales up by 16pc in I1st four months
      222 3 Bernama KUALA LUMPUR The total value of sales of 58 manufacturing sector industries in Malaysia in January-April 1993 stood at M 531.4 billion, up 15.9 per cent compared with M 527.1 billion in the same period last year, the Statistic
      Bernama  -  222 words
    • Article
      Lock icon Working group agrees to cooperate in South China Sea
      264 3 AFP JAKARTA A working group on the South China Sea yesterday ended a two-day meeting here with agreements on four possible spheres of cooperation in the area, including in the disputed Spratly islands. The group meeting on resource assessment and development
      AFP  -  264 words
    • Article
      Lock icon Hanoi approves new oil and gas tax law, cuts business tax
      303 3 AP HANOI Vietnam's National Assembly has approved the country's first comprehensive oil and gas tax law, along with lower taxes on business income. The law will require oil companies to pay royalties ranging from 6 to 25 per cent
      AP  -  303 words
    • Article
      Lock icon 11 girls killed in Thai sweatshop inferno
      166 3 AFP BANGKOK Eleven teenaged girl workers died in a fire in an illegal garment sweatshop here early yesterday and two others, a woman and a man. were injured in the blaze. The dead were aged between 15 and 17, and police said those
      AFP  -  166 words
    • Article
      New agency to replace Philippine central bank formed
      241 3  -  From Al Labita in MANILA PRESIDENT Fidel Ramos yesterday formed the board of the Central Monetary Authority, the agency set up to replace the moribund central bank. Mr Ramos swore into office six of the seven board members, led by Philippine National
      241 words
    • ASIA NOTES
      • Article
        Lock icon Thais to buy Russian copters
        59 4 AFP BANGKOK Russia has offered to supply 33 Mi-I7V hclicoptcrs to the Thai Air Force, traditionally equipped by the US, in a semi-barter deal for rice and cash. The offer worth US$l3O million at USS3.9 million for each helicopter was confirmed by the commercial counsellor
        AFP  -  59 words
      • Article
        Lock icon High Indon rates holding back exports
        89 4 AP JAKARTA Indonesia's high interest rate for bank loans has held down the increase in the nation's exports of products other than oil and gas. Rudy Lengkong, head of the National Agency for Export Development, said such exports grew from US$ll.BB billion in 1990
        AP  -  89 words
      • Article
        Lock icon France to help revamp Cambodian army
        82 4 AFP PHNOM PENH Cambodia's two defence ministers, Prince Norodom Ranariddh and Hun Sen, signed an agreement here yesterday with their French counterpart Francois Leotard to cooperate in the restructuring of Cambodia's armed forces. After a study to determine Cambodia's needs, France will offer proposals
        AFP  -  82 words
      • Article
        Lock icon US envoy to UN arrives in Cambodia
        78 4 AFP PHNOM PENH THE US ambassador to the United Nations Madeleine Albright arrived here yesterday to assess how the multi-billion-dollar UN peacekeeping mission in Cambodia was working. "The purpose of my trip, as part of my mission in the (UN) Security Council, is
        AFP  -  78 words
    • Article, Illustration
      Lock icon Zhu orders bank chiefs to carry out tighter credit policies
      447 4 Vice-Premier hits out at lax financial discipline AP BEIJING Vice-Premier Zhu Rongji gathered bank chiefs from around the country for a lecture on the importance of observing the new tight-money policy. News reports in the official media yesterday, the day
      AP  -  447 words
    • Article
      Lock icon South Korea plans to reduce number of troops by 1997
      223 4 AP SEOUL South Korea will slash the number of its troops by l()0,00() to the 500.000 level by 1997 in its first major arms reductions. Defence Minister Kwon Young Hae said yesterday. The plan, presented at a meeting with governing
      AP  -  223 words
    • Article
      Lock icon Chinese officials to visit Taiwan
      97 4 Reuter TAIPEI Two officials of China's Olympic committee will visit Taiwan next month, the most senior Chinese sports officials to come since the end of the civil war in 1949, the Education Ministry said yesterday. Taiwanese immigration authorities have agreed to allow He Zhenliang. president
      Reuter  -  97 words
    • Article, Illustration
      Lock icon 'One country, two systems' essential for HK: Hurd
      452 4  -  By Nirmal Ghosh SINGAPORE British Foreign Secretary Douglas Hurd reiterated yesterday that Britain wanted to make the "one country, two systems" undertaking work in practice after Hongkong reverted to Chinese sovereignty in 1997. "We don't regard this as just a phrase, we
      Reuter  -  452 words
    • Article
      Lock icon Taipei plans to privatise state oil firm in four sections
      225 4 Reuter TAIPEI Taiwan has unveiled a plan to privatise its state oil firm by breaking up the company and selling off divisions separately, the Economics Ministry said yesterday. Chinese Petroleum Corp (CPC), which has assets worth about US$ll billion (5517.9
      Reuter  -  225 words
    • Article
      Lock icon Global slump cuts Taiwan's trade surplus by 37pc
      237 4 Reuter TAIPEI Taiwan's trade surplus. hit by the weak global economy, plunged 36.8 per cent from a vear earlier to U553.33 billion (555.39 billion) in the first half of 1993, the finance ministry said yesterday. Exports rose a modest 5 per cent
      Reuter  -  237 words
    • Article
      Lock icon China and Britain make limited progress in seventh round of talks
      220 4 AFP, Bloomberg Business News BEIJING China and Britain ended a seventh round of talks here yesterday, having made *a little progress" in resolving a long-running row over democratic reform in Hongkong. "I think 1 can say we have made
      AFP,; Bloomberg Business News  -  220 words
    • Article
      Lock icon India plans more reforms over next three years: govt paper
      400 7 FT LONDON India plans further substantial reforms over the next three years, according to an Indian Finance Ministry discussion paper marking the first two years of the government's economic restructuring programme. The document, "Econon ic Reforms: Two Years After and
      FT  -  400 words
    • Article, Illustration
      Lock icon Reading you loud and clear
      49 7 Reuter TOKYO US Treasury Secretary Lloyd Bentsen (centre) adjusting his earphone while Secretary of State Warren Christopher (right) and Trade Representative Mickey Kantor looked on. They were at a press conference with US President Bill Clinton and Japanese Prime Minister Kiichi Miyazawa yesterday. Renter
      Reuter  -  49 words
    • Article
      Lock icon NZ's GDP up 0.6pc in 1st quarter, economists say growth sustainable
      323 7 Reuter, Bloomberg Business News WELLINGTON The New Zealand economy grew 0.6 per cent in the three months ended March 31, for an annual growth rate of 2.8 per cent, the government said. The rise in gross domestic product in
      Reuter,; Bloomberg Business News  -  323 words
    • Article
      Lock icon Tokyo announces bid for UN Security Council seat
      251 7 Renter TOKYO Japan formally announced yesterday it would seek a permanent seat on the United Nations Security Council, but did not make dear whether it wanted veto rights like the council's five current permanent members. "Our country is prepared to fulfil our
      Renter  -  251 words
    • Article
      Lock icon Two Kogas too many in Japan poll
      186 7 Reuter TOKYO Three candidates running in a tight-fought general election contest in Fukuoka, southern Japan, have an extra headache. They share the same surname. All three Koga-sans (Mr Kogas) are outgoing Liberal Democratic Party (LDP) lawmakers. Mirroring the chaos within the long-time ruling
      Reuter  -  186 words
    • Article
      Lock icon Aussie retail sales up in May as consumer sentiment improves
      377 7 Reuter, AFP SYDNEY Australian retail sales for May recorded their second biggest jump in two years, according to data released yesterday, providing an encouraging indicator of improving consumer sentiment here. The Bureau of Statistics (ABS) said May sales rose by
      Reuter,; AFP  -  377 words
    • Article
      Lock icon More new immigrants find jobs: survey
      171 7 AFP CANBERRA An increasing number of newly-arrived migrants to Australia are finding work during the recession, a survey has revealed. A Bureau of Immigration and Population Pesearch survey released here yesterday said of those unemployed when they were first interviewed in late 1991, shortly
      AFP  -  171 words
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      466 4 Companies and governments are finding competitive advantage in developing a vision of how they will look at a future moment in time, and then focussing the organisation's effort on achieving that vision. Singapore's 'Tropical City of Excellence" for 1999, and Malaysia's "2020 Vision" are two blueprints for the future. Manufacturers,
      466 words
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      62 4 II II j With the Pentium chip, Intel k now releases their latest technology to H| I I |J I 7 manufacturers simultaneously. H I I I Whose computers benefit from the faster gains? You do. To look up the company I I I I I I I at the
      62 words
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      328 5 Not Even Nature's Best Colour Copiers can match canon wi &J335^M ll .|^SBf A CLC 10 Colour Processor. Even Nature's own colour experts find it hard to keep up with the letters or even brochures. And yet this versatile and JHP THE HIGH VOLUME RANGE OF Canon CLC 10 copier.
      328 words
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      208 6 Halite.. K^BJBHh^hS^I» "*^~C-*^Tffiv ,«..> -fp^^y i"' MMi£*: $&'i TOSmMßyKm^my''. g < «^^|M^P?^ 4ft j^y fehfl H With the installation of Proteq BX, any forced entry into your premises will Distributed in Singapore by. x Security Technology Pte Ltd automatically trigger the system to page for you or call you on
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      224 7 S$11P Per Night. Because our business guests are accustomed to being #1. At Imperial Hotel, we think 1st class service should also be a 1st class deal. Which is why our special corporate room package is a real bargain. Because at only S$ 111 for single or double occupancy, you
      224 words
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      210 7 ryr ja TWS s 9Bt^FISm w w lilirtiKirnilßil^——W^— V** Like Taiwan, We Know How to Take Care of Business "Taiwan has emerged as one of the world's foremost enjoy the extra leg room. Then, choose from economic players. With this has come extensive delicious Asian or Western cuisine such as
      210 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon New UK justice system proposed
        71 8 Reuter LONDON Britain should set up a new independent authority to eonsider hundreds of alleged miscarriages of justice in England and Wales, a major inquiry said yesterday. The Royal Commission on Criminal Justice, set up two years ago, also recommended video recording the treatment of
        Reuter  -  71 words
      • Article
        Lock icon UK may raise taxes, cut rates
        110 8 Reuter LONDON Kenneth Clarke has kept his cards close to his chest since becoming Chancellor of the Exchequer, but economists feel he is seriously considering tax rises to cut the budget deficit and an interest rate cut to ease the pain. Adam Cole of
        Reuter  -  110 words
      • Article, Illustration
        Lock icon Evidence of war crimes in Bosnia
        119 8 AFP SARAJEVO A "considerable amount of evidence" about war crimes in Bosnia-Hercegovina has been collected by a UN probe, inquiry chief Bill Fenrick said here yesterday. "I have a pretty reasonable chance of conviction," Mr Fenrick, a Canadian lawyer, said before reporting back to
        AFP; Reuter  -  119 words
      • Article
        Lock icon More west Germans out of work
        72 8 Reuter BONN Economic recession and the onset of the summer holiday period squeezed more people out of work again in the former West Germany in June, the Federal Labour Office said yesterday. The seasonally adjusted jobless total rose by 29,000 from May to to
        Reuter  -  72 words
    • Article
      Lock icon Setback for Major as Lords pass railway bill amendment
      252 8 Reuter LONDON Britain's Conservative government suffered a major defeat in the House of Lords when a key amendment to the Railways Bill vas passed. The amendment would allow state-owned British Rail to bid for franchises to run passenger rail services after
      Reuter  -  252 words
    • Article
      Lock icon Balladur stands firm on French economic policy
      251 8 AFP PARIS France will not change economic policy to boost growth and will not waver in its determination to maintain the value of the franc. Prime Minister Edouard Balladur said yesterday to mark his first 100 days in office. Mr Balladur said that
      AFP  -  251 words
    • Article
      UN raises world population forecast for year 2100
      459 8  -  By Nirmal Ghosh SINGAPORE More people will populate the planet by the year 2100 than previously believed, according to the United Nations Population Fund (UNFPA). In its annual State of the World's Population Report, released yesterday, the UNFPA revised its earlier projections
      459 words
    • Article, Illustration
      Lock icon Bull run in Bavaria
      56 8 Reuter KARLSFELD, Germany Marlene Eldelsburger screaming at her ox, Fako, as Peter Simkaitis tried to drive the 800-kg beast towards the finish line. They were in a preliminary round of a traditional ox-race in this southern Bavarian town of Karlsfeld, near Dachau, on Monday. Falco didn't
      Reuter  -  56 words
    • Article
      Lock icon Poverty, population boom fuelling global migrations
      489 8 AFP PARIS Rapid population growth and poverty in developing countries are fuelling world migrations to an unprecedented degree, a UN body said yesterday. In its annual report, the UN Population Fund (UNFPA) indicated that some 100 million people or just under 2 per cent
      AFP  -  489 words
    • Article
      Lock icon EC, Japan to reopen talks on car export limitations
      296 8 AFP BRUSSELS The European Community and Japan will reopen talks here next week aimed at making deeper cuts in Japanese car exports because of a slump in European car sales, EC officials said here yesterday. They said that negotiators from the
      AFP  -  296 words
    • Article
      Lock icon EC industrial subsidies threaten single market: van Miert
      415 8 FT BRUSSELS The European Community risks embarking on a damaging race to subsidise state-owned industries which could endanger the single market, EC Competition Commissioner Karel van Miert warned on Monday. The reluctance of Italy and Spain to co-operate with the European Commission
      FT  -  415 words
    • Article
      Lock icon ECO leaders propose regional transport, telecommunications links
      186 8 Reuter ISTANBUL Leaders of 10 Economic Cooperation Organisation nations proposed yesterday building transport and telecommunications networks to connect members of the trading bloc that stretches from Europe to China. The regional pact, whose aim is to remove trade barriers. consists of Turkey. Iran,
      Reuter  -  186 words
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      92 8 WOULDN'T Y©U LOWE TO iUtY ¥OUR E@sR C/Ot)d grief. Considering the number of times he s snowed you under with work, wouldn t it he nice to get a hit of your own hack? Well now you can. Ry holding ShanqriLos your next company party at Singapore's only beach resort
      92 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Morgan Grenfell's key Asian staff offered 'golden handcuff'
      592 9  -  By Magdalene Ng SINGAPORE Faced with the possible departure of more senior staff, Morgan Grenfell Group pic is offering a "golden handcuff schcmc to keep key employees in Asia for at least another year or two. Industry sources told BT that the
      592 words
    • Article
      NatSteel unit wins Approved Int'l Trader status
      268 9 SINGAPORE Nat Steel Trade International has been awarded the Approved International Trader (AIT) status, which comes with a concessionary tax rate. The subsidiary of the listed Nat Steel group joins 26 others which have been granted the status by the Trade Development Board
      268 words
    • Article
      Tie-up with Swissair not affected in near term: SIA spokesman
      274 9  -  By Dexter Lee SINGAPORE Singapore Airlines' strategic tie-up with Swiss national carrier Swissair is in no danger of being compromised at least, not in the foreseeable future, said an SIA spokesman yesterday. Rick Clements SlA's manager for public affairs, said
      274 words
    • Article
      Lock icon Mohd Nadzmi is Proton's new managing director
      259 9 Bernama KUALA LUMPUR Perusahaan Otomobil Nasional Bhd has appointed Mohd Nadzmi bin Mohd Salleh, its deputy managing director of corporate services, as managing director with effect from June 29. He replaces Mitsuo Hattori who resigned as director and managing director of Proton on
      Bernama  -  259 words
    • Article
      Things are looking up for Pengkalen
      729 9  -  HOCK LOCK SIEW By William Chia SINGAPORE Investors who are looking for stocks which still represent value for money in the current buoyant Malaysian market may want to consider diversified financial services company Pengkalen Holdings Bhd. At a price-earnings ratio of 8.63 times based
      729 words
    • Article
      OCBC to gain $170m from The Countryside: analysts
      441 9  -  «*j Sylvia Wong SINGAPORE The OCBC group stands to reap about Si7o million in pre-tax profits from its latest property project. The Countryside, according to analysts' estimates. But whether shareholders will get to benefit from the windfall will depend on how it
      441 words
    • Article
      Lock icon Ekran plans tourist facilities in Philippines
      187 9 UPI MANILA Ekran Bhd of Malaysia has offered to invest USSSO million (SsBl million) to develop 705 hectares of land in southern Philippines into a tourism estate, the tourism department said yesterday. Ekran Bhd is one of Malaysia's largest companies engaged in telecommunications, cable
      UPI  -  187 words
    • Article
      Bolton to develop 16 ha of KL land
      84 9 SINGAPORE Bolton Properties Bhd entered into a memorandum of understanding (MOU) with Keretapi Tanah Melayu Bhd (KTMB) on Saturday to develop about 16 hectares of land within the Kenny Hills enclave in Kuala Lumpur. Bolton will form a whollyowned subsidiary to build
      84 words
    • Article, Illustration
      Lock icon SUMMARY
      352 9 Source: Bridge Info Performance of STII's Index stocks Jul 6 Lot Seaac lldtt Slock sale Chfe factor not en <*> <V> Asimo 2.120 0 (>45 1 65 -900 CAC 6 too -0 400 5 37 80 00 Cerchos 5 350 -0050 4 16 1000 FAN 12 600 9 80
      Source: Bridge Info  -  352 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Low Keng Huat unit buys stake
          67 10 SINGAPORE Low Keng Huat (Singapore) Ltd's wholly-owned subsidiary, Domitian Investment Pte Ltd, has subscribed for 73 per cent of the capital of Prodev Pte Ltd. The remaining 27 per cent of Prodev equity is held by a Vietnamese investor. Prodev has authorised and issued
          67 words
        • Article
          GRP appoints non-executive director
          38 10 SINGAPORE GRP Ltd has appointed Chan Kai Yau as a non-executive director with effect from July 5. Mr Chan is a Justice of the Peace and the present director of HQ Link Pte Ltd.
          38 words
        • Article
          SAE's foreign shareholding at 20pc
          41 10 SINGAPORE Singapore Automotive Engineering Ltd's foreign shareholding was about 20 per cent as at July 1. SAE is a subsidiary of Chartered Industries of Singapore which in turn is a member of the Singapore Technologies group.
          41 words
        • Article
          Foreign holdings in OCBC Bank
          39 10 SINGAPORE OCBC Bank announced that at June 30, foreign shareholders held 40 per cent of its issued share capital; 39.68 per cent of its Warrants '94; and 39.97 per cent of its Warrants '95.
          39 words
        • Article
          Winfoong buys five investment firms
          53 10 SINGAPORE Winfoong Investment Ltd, a 50.9 per cent owned subsidiary of Hong Fok Corporation Ltd, has acquired five investment companies: U Kwong Holdings Ltd, Hammerman Assets Ltd, Wellpool International Ltd, Oi Kwang Assets Ltd. Poff Development Ltd and Chinese building construction company Xinhui Tangguan Real
          53 words
        • Article
          Hong Fok unit buys company
          44 10 SINGAPORE Hong Fok International Ltd, a wholly-owned subsidiary of Hong Fok Investment Holding Company Ltd which in turn is a wholly-owned subsidiary of Hong Fok Corporation Ltd, has acquired a new subsidiary, Sui Chong Construction and Engineering Company Ltd.
          44 words
        • Article
          Lock icon Ganda unit in China detergent venture
          96 10 Bernama KUALA LUMPUR Urico Industries Sdn Bhd, a 90.9 per cent subsidiary of Ganda Holdings Bhd, yesterday entered into an agreement with Guizhou Anshun Synthetic Detergent Factory (GASDF) of China to make and market detergent products. Ganda Holdings, in a statement released here, said
          Bernama  -  96 words
        • Article
          Lock icon HK textile firm in China tie-up
          71 10 Reuter GUANGZHOU Hongkong textile company Tack Fat Group has formed a joint venture to build an HK$BOO million (S$ 167 million) retail and office development in central Guangzhou, the companies said. The Bank of America Plaza is to be built over a station of
          Reuter  -  71 words
      • Article
        MRCB to pay M$80m for 80pc stake in Sikap Power
        792 10  -  From Leslie Lopez in KUALA LUMPUR MALAYSIAN Resources Corp Bhd (MRCB), a media grouping linked to allies of Finance Minister Anwar Ibrahim, announced plans yesterday to diversify into the power generation business by wresting control of a proposed M 53.4
        792 words
      • Article
        Sime Darby sells stake in insurer of razed Thai factory
        320 10  -  From Loh Hui Yin in BANGKOK CONGLOMERATE Sime Darby is bowing out of the insurance business in Thailand. selling its 34.22 per cent stake in publicly listed Safety Insurance to a Thai consortium. Safety Insurance covered toy-maker Kader Industrial for
        320 words
      • Article
        UNIT TRUSTS & FUNDS
        495 10 UNIT TRUSTS FUNDS r W*>m Jul 7 Insurance Find ii_i» W Income Bond Polio. J 26 Singapore unn inm The C ommerce I M I 41 The Savings Fund 1.21 1.27 PruLink Mgd Fund 1.14 120 S pore Proj Fund 0 56 0.39 M>M HiimIiiiiI i S'pore Sec Fund 018
        495 words
      • Article
        Lock icon Japanese and US steel giants to set up mill in Malaysia
        204 10 AFP KUALA LUMPUR Steel giants Nippon Steel Corp of Japan and Nucor Corp of the US will jointly set up a US$4OO million (SS6SO million) mill in Malaysia, a local newspaper reported yesterday. The two, together with a third
        AFP  -  204 words
      • Article
        Ashton speeds up plans to focus on diamond exploration
        341 10  -  From Brian Gomez in SYDNEY MALAYSIAN Mining Corporation Ltd's 47 per centowned diamond and gold producer Ashton Mining Ltd has begun to fast-track plans to become a pure diamond stock play on the Australian Stock Exchange. Ashton announced plans yesterday for
        341 words
      • Article
        Lock icon Heavy reading for potential Shanghai Petrochem investors
        721 10 MARKET WATCH Bloomberg Business News HONGKONG Shanghai Petrochemical, the largest of nine Chinese state-run companies vying for a listing on the Hongkong stock exchange. emerged on Monday from piles of accountants' reports and complicated valuations to produce a 1.4-kg prospectus. The hefty document
        Bloomberg Business News  -  721 words
      • COMPANY BRIEFS
        • Article
          Lock icon Sogo to stop opening new stores
          83 12 Bloomberg Business News TOKYO Sogo Co, a major Japanese department store operator, will suspend new store openings after building an outlet in Hiroshima in the year starting March 1994, the Nihon Keizai newspaper reported yesterday, citing Sogo president Hiroo Mizushima. Because of declining consumer
          Bloomberg Business News  -  83 words
        • Article
          Lock icon De Beers' uncut diamond sales soar
          86 12 Bloomberg Business News LONDON De Beers Consolidated Mines Ltd said yesterday that its sales of uncut diamonds surged 56 per cent to U552.54 billion (Ss4 billion) in the first half of 1993 from US$l.79 billion a year earlier. The South African diamond group said
          Bloomberg Business News  -  86 words
        • Article
          Lock icon Toei ties up with 21st Century Fox
          76 12 Bloomberg Business News TOKYO Toei, one of Japan's leading movie makers, will sign an agreement with 21st Century Fox of the US, opening the way for joint production of television films and giving Toei exclusive broadcasting rights for visual software made by the
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Krupp-Hoesch's results hit by steel loss
          69 12 Reuter ESSEN. Germany German steel and engineering group Fried Krupp AG Hoesch-Krupp said its 320 million mark group loss (SS3O4 million) in the first six months of 1993 was almost completely caused by its steel division. Management board chairman Gerhard Cromme told the annual
          Reuter  -  69 words
      • Article
        Lock icon Aussie stocks soaring but volatile currency spells risk
        621 12 Reuter SYDNEY Australian stocks are heading towards six-year highs and seem poised to rise further, analysts say. but the country's volatile currency spells one word for foreign investors risk. Australia's All Ordinaries Index is only a few points shy of its highest
        Reuter  -  621 words
      • Article, Illustration
        Lock icon New name for Midwest
        58 12 Reuter CHICAGO With the Sears Tower looming behind. Bob Benard was seen on Monday polishing part of a sign which will replace the Midwest Stock Exchange name with the Chicago Stock Exchange. The name change is among the preparations for the rededication tomorrow of the world's
        Reuter  -  58 words
      • Article
        Lock icon Workers at six Hyundai units to go on one-day strike
        321 12 AFP SEOUL Workers at six subsidiaries of the Hyundai business group, including those at the giant auto plant and shipyard, will stage a one-day strike today, labour union leaders announced yesterday. Leaders of Hyunchongyon, the Federation of Hyundai Affiliates Labour
        AFP  -  321 words
      • Article
        Lock icon India plans stricter control over bourses to protect investors
        497 12 Reuter BOMBAY India is planning to tighten stock market regulations to provide more information and better protection for investors, while its premier bourse has heralded a management shake-up to improve efficiency. The Securities and Exchange Board of India (Sebi), the main
        Reuter  -  497 words
    • FINANCE
      • Article
        Lock icon Japan expected to cut discount rate after polls
        554 13 Reuter TOKYO Japan is likely to move to cut its discount rate for the seventh time, shortly after national elections on July 18, money traders and economists said yesterday. "Another discount rate cut is highly likely," said Nobuyuki Saji, senior economist at
        Reuter  -  554 words
      • Article
        Lock icon Bundesbank must maintain mark's stability: Schlesinger
        198 13 Bloomberg Business News FRANKFURT The Bundesbank "must do everything" in its power to avert a possible loss of investor confidence in the mark, the bank's president, Helmut Schlesinger, said. "A loss of confidence in the Deutschemark would be met by international investors with a...
        Bloomberg Business News  -  198 words
      • Article
        Lock icon Shareholders plan to sue brokerage executives for more than 80b yen
        264 13 Reuter TOKYO Shareholders plan to sue present and former executives of three leading brokerages over their reimbursement of billions of yen to clients as compensation for losses. Japanese daily Sankei Shimbun reported on Tuesday. Sankei said shareholders planned to
        Reuter  -  264 words
      • Article
        Lock icon Petronas debt issue a first in S-E Asia
        365 13 Bloomberg Business News Hongkong Salomon Brothers, in a ground-breaking development in Asian bond markets, has completed the region's largest unregistered US dollar debt issue, raising US$5OO million (SsBl2 million) for Petronas, the Malaysian state oil and gas company. Unregistered issues are sold
        Bloomberg Business News  -  365 words
      • Article
        Lock icon Bank lowers ceiling on luxury flat loans
        143 13 Reuter HONGKONG The Hongkong and Shanghai Banking Corp Ltd, a unit of HSBC Holdings, said it was taking a more cautious approach on home loans for luxury flats by lowering the mortgage ceiling to 60-65 per cent from 70 per cent previously. "The
        Reuter  -  143 words
      • SMALL CHANGE
        • Article
          Lock icon Thai bond issues fully subscribed
          75 13 Knight-Ridder BANGKOK Bond issues by two Thai state enterprises worth a total of 4.6 billion baht (***** million) were fully subscribed when they opened for subscription yesterday, said an underwriting official. The four-billion-baht issue by the Electricity Generating Authority of Thailand and a Petroleum Authority
          Knight-Ridder  -  75 words
        • Article, Illustration
          Lock icon Fiscal labour
          48 13 Reuter BEIJING China's runaway economy, besides fuelling doubledigit inflation, is making life at the mint that much harder. The money-printing institution has to churn out 50 per ccnt more bank notes each year. And sorting the sheets of uncut notes is still a manual task. Reuter
          Reuter  -  48 words
        • Article
          Lock icon Saudi Cairo reports 19.5pc profit rise
          93 13 Reuter MANAMA Saudi Cairo Bank, which wrote off bad debts in 1992, reported a 19.5 per cent rise in its net profit for the first six months of 1993 to 103.9 million riyals (Ss4s million). The Jeddah-based bank, publicly-traded in Saudi Arabia, had posted
          Reuter  -  93 words
        • Article
          Lock icon AMB chairman expects good profits
          68 13 Bloomberg Business News AACHEN German insurance group Aachener-und Muenchener Beteiligungs-AG said it expects to report a "good" profit for third year. AMB's subsidiaries "won't only hold their market positions, but will be able to expand them" this year despite the difficult economic climate, said chief
          Bloomberg Business News  -  68 words
        • Article
          Lock icon TCV going for larger bond issues
          90 13 Reuter MELBOURNE Treasury Corporation of Victoria (TCV) said it expects to make larger bond issues into offshore markets than previously. Managing director Wayne Jarman said he initially believed very large bond issues were not suitable for TCV despite the trend of increasing size among
          Reuter  -  90 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Asia faces shortage of oil supply, refining capacity over the next decade
        457 14 AFP KUALA LUMPUR Asia's rising demand for oil, fuelled by China's surging energy needs, will be constrained by an oil crunch and a shortage of refinery capacity over the next decade, analysts said on Tuesday. Asia's oil and
        AFP  -  457 words
      • Article
        Lock icon Top Latin American coffee producers to work out details of export strategy
        313 14 Reuter SAN SALVADOR Latin America's top cofTee producers, encouraged by positive initial reaction to their export retention scheme, are working to close the gaps in the strategy to force up world prices. Brazil. Colombia and five Central America
        Reuter  -  313 words
      • Article
        Lock icon Jakarta to decide soon on ICCO membership
        283 14 Reuter JAKARTA Indonesia, rapidly moving into position as one of the world's major sources of cocoa, will decide whether to join the International Cocoa Organisation (ICCO) after the group's meeting later this month, industry officials said. "It all depends on the results of
        Reuter  -  283 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        128 14 THE market saw little interest yesterday with the dollar opening little changed from the previous day's closing levels. Dealers remained on the sidelines, preferring to wait for further direction from the North American market which had been closed on Monday Both the USS/SS and USS/MS
        128 words
      • Article
        Lock icon Fancy naming a bond after turtles?
        278 14 Reuter SEOUL There are samurai bonds, yankee bonds and Eurobonds. Will "kimchi bond" join the list? Fancy a punt in "turtle bonds"? With South Korea hatching plans to establish an international won-denominated bond market, nicknaming the instrument is becoming a bit of an interoffice
        Reuter  -  278 words
      • Article
        Lock icon London
        200 14 Bloomberg Business News LONDON The dollar drifted lower against the deutschemark in Europe yesterday amid a dearth of fresh news, stuck in a range between 1.68 marks and 1.7* marks, traders said. The US currency also ended little changed against the yen as traders await the outcome of today's
        Bloomberg Business News  -  200 words
      • Article
        Prices up on hopes of Opec action
        335 14 Bloomberg ENERGY REPORT LONDON Crude oil prices in London and New York were buoyed by speculation Opec may take action to halt the recent plunge in prices and a reversal in perceptions Iraqi oil exports will return soon, brokers said yesterday. "Crude continued
        335 words
      • Article
        Lock icon New York
        88 14 AFP NEW YORK The dollar was mixed yesterday against most major currencies in quiet New York trading while gold prices were higher. The dollar was trading at 1.6990 marks against 1.6975 marks Friday and at 107.85 yen against 108.50. Earlier in London, the greenback traded at 1.7045 marks
        AFP  -  88 words
      • Article, Illustration
        Untitled
        1515 14 Iradr-Htighial index cakulaied again\t S'poir'i nip 14 trading partner* Bum- irtir l9Sf US$/S$ forward rates Noon July 6 ss Bid Offer 1-month ***** 1.6253 2-month 1.6238 1.6253 3-month 1 6238 1.6253 6-month 1.6227 1.6247 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 11m m My Singapore dollars to one unit
        1,515 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firmer as bond prices rise
        1413 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended firmer yesterday in line with the strength of the key US treasury bond prices, dealers said. Bond prices leapt in the afternoon on the back of a New York Times article saying that the
        Reuter  -  1,413 words
      • Article
        Palm oil higher in cautious trading
        678 16 COMMODITY REPORTS Palm 0« CRUDE palm oil prices ended firmer on covering interest that reflected strong gains on the palm oil futures market yesterday. traders said. But activity remained restricted with operators still cautious about taking positions amid uncertainty over the market's near-term direction.
        678 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Dim outlook for nickel market
          70 16 TOKYO Recent news from PT international Nickel Indonesia (PT Inco) that one of its three electric furnaces has been suspended due to the failure of a main transformer is unlikely to have a major impact on the nickel market, trade sources here said yesterday. "The
          70 words
        • Article
          Japanese trade house corn purchase
          58 16 TOKYO A Japanese trading company recently bought about 10,000 tonnes of Chinese corn for August shipment near US$95 per tonne, FOB Dalian. a source at the company said yesterday. The source said his company is trying to increase sales of Chinese corn to Japan's domestic
          58 words
        • Article
          Thai corn exports at 114,000 tonnes
          81 16 BANGKOK Thailand exported 10,476 tonnes of corn during June 25-July 1 period, bringing the total for the year to date to 113,939 tonnes, the Thai Maize and Produce Traders Association said yesterday. Shipments during Jan 1-July 1, 1992, totaled 97.669 tonnes. The June 25-July
          81 words
        • Article
          Japan cool to soymeal offers
          55 16 TOKYO Chinese spot offers for soymeal have begun trickling in, but Japanese buying interest remains thin, trade sources said yesterday. "I receive many offers from all kinds of corporations. such as provincial corporations," said a Beijing-based trader for a Japanese company. "But at the moment,
          55 words
    • Article
      COMMODITY PRICES
      1618 16 Rubber j U i> 6 RAS Commodity Exchange (futures closing as at lpai) HAS (physical prices) *SS 1 Contract (S cents/kg) Bayers Setiers Close Volume Open As at 12 we— (S ccnts/kg) Month High Lo» Sen (tonnes) Interest RSS 2 Aug 93 130.50 131 SON Aug 132.50 132.50
      1,618 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1181 17 -1.7 The share market retreated in listless trade yesterday with local investors shying away and leaving prices to drift marginally lower. Brokers said situational stocks provided some focus with Ashton Mining announcing a AS 112 million float of its gold assets, helping it to close six cents up at
        1,181 words
      • Article
        Manila
        530 17 14 Share prices closed higher as investors seeing that an expected correction had not occurred started buying, brokers said. "Players began buying because they saw the market has bottomed out already." said Noel Reyes, vice president at DMT Securities Inc. The Manila Composite Index climbed 14 points to close
        530 words
      • Article
        Taipei
        566 17 140.09 Taiwan's benchmark stock index is seen trading within the 4000-4100 level today after stock prices stormed back up yesterday following the announcement of the largest private investment in Taiwan's history. The weighted stock index closed at 4,047.42 yesterday, rising by 140.09 points, or 3.58 per cent, on heavy
        566 words
      • Article
        Seoul
        441 17 -2.78 Across-the-board selling dragged the stock market down in a day of featureless trading with most investors reluctant to join the market, brokers said. They forecast the market would show a similar trade today with no drastic rises or falls. Brokers said institutions and foreign investors remained quiet, and
        441 words
      • Article
        New Zealand
        283 17 +2.33 The New Zealand share market nudged to a new three-year high with demand for market leader Telecom still a feature of trading in a market with a generally duller tone. The NZSE-40 Capital Index closed up 2.33 points at 1,717.85 on a volume oC NZ523.2 million, surpassing
        283 words
      • Article
        Bombay
        39 17 +4.51 Stocks moved very little in after hours deals as activity was limited. brokers said. The Bombay Stock Exchange (BSE) index closed at 2.260.3, up 4.51 from the previous close. The National Index fell 1.27 points to 1.051.6.
        39 words
    • WORLD STOCK MARKETS
      • Article
        London
        659 17 +9.6 Share prices ended higher yesterday after two days of sharp declines but were below the best levels achieved early in the session mainly on technical moves. The FTSE 100 Share Index was 9.6 points firmer at 2.848.1. on a more active volume of 553 million shares. The upward
        659 words
      • Article
        Paris
        101 17 +9.68 A technical rise after five consecutive losing sessions pushed French shares to close higher, but interest in the market was limited, dealers said. The CAC-40 Index closed up 9.68, or 0.50 per cent, at 1,935.12. Volume was a thin 1.93 billion francs. Paris lull 6 Kr \ir-l_igutdt 735.00
        101 words
      • Article
        Stockholm
        152 17 +0.39pc Swedish shares elosed slightly higher, but worry overwhelmed the market late in the day when former star S-E-Banken fell on speculation over new loan losses. The all-share index was up 0.39 per cent at 1.074.47 in low turnover worth 588 million crowns. The OMX-index. which carries a futures
        152 words
      • Article
        Frankfurt
        184 17 +8.7 Share prices stood at their highest levels of the session as they drifted up at the end of floor trade. One trader said a few bank sector buys near the close nudged the index up. Trading in general remained subdued, and the DAX failed to break out of
        184 words
      • Article
        Amsterdam
        240 17 +2.19 Dutch shares closed higher after the market began a bullish recovery out of the doldrums of the last few days, spurred by a higher dollar and in line with foreign markets. Dealers said the EOE Index, which closed 2.19 points higher at 324.61, could break its all time
        240 words
      • Article
        Zurich
        248 17 15.34 Swiss shares rose strongly and bourse indices reached new all-time highs as investors scrambled to buy bank shares and selected industrials, dealers said. Dealers said the market was poised to move higher and the SMI, closing around 2.390. would test resistance at 2.400 soon. The broad SPI index
        248 words
      • Article
        Johannesburg
        326 17 +17 Gold shares ran out of steam near the close after a sharp rally on the back of the gold price rise, as ex- pected support from New York failed to materialise. The gold board rose steadily throughout the day as bullion broke through US$39O an ounce to hit
        326 words
      • Article
        Toronto
        323 17 -7.23 Stocks pulled back to mixed levels in brisk midday dealings yesterday after the TSE 300 Composite Index breached 4.000 points earlier. Technical analyst Joe Ismail said weaker oil and gas stocks have placed a short-term cap on market advance. Most energy shares weakened further at midday, sending the
        323 words
      • Article
        New York
        772 17 Blue chips were flat in slow summer trading yesterday as investors waited on the sidelines for the oncoming rush of quarterly earnings reports. The Dow Jones Industrial Average was up 0.55 point at 3.484.52 at I pm EDT. Advancing issues led declines by a 9-8 margin on light
        772 words
      • Article
        Brussels
        155 17 -2.32 Belgian shares ended lower, reversing a small gain in the morning, as the market's consolidation continued after recent sharp gains. There was some profit-taking in recent high flyers. Dealers said the market was digesting 19 days of uninterrupted gains in an orderly way and saw the consolidation continuing
        155 words
      • Article
        Untitled
        857 17 Britannia Funds Slcrliat Cash Bid (Mfcr Mim Cap Deposit 1*6-100 1* ft500 Mim Jenrs Gilt 01*43 0 144: Mim Ma* Income ****** ****** L'SS Cask Income Plus fund 10 5300 *****0 PS S Rrserse Fund 5 2100 5 2200 Stcriiag Kquit* Euro Performance 0 4543 ***** Far East Fund 1
        857 words
    • Article, Illustration
      Lock icon HONGKONG
      2955 18 Reuter HONGKONG Stocks closed lower in subdued trading yesterday with most investors staying on the sidelines, awaiting developments in Sino-Brit-ish ties, brokers said. The blue chip Hang Seng Index retreated 37.07 points, or 0.51 per cent, to end at 7,168.34. Turnover dropped to a meagre HK52.90 billion from Monday's
      Reuter; Source: Bridge Info  -  2,955 words
    • Article, Illustration
      Lock icon CHINA
      500 18 Reuter HONGKONG China's A shares for domestic investors fell sharply yesterday as sellers tried to cash in stocks to finance ventures which might be hit by the credit squeeze planned for cooling the country's overheated economy. A wave of selling forced down Shanghai A prices by more than 6
      Reuter  -  500 words
    • Article, Illustration
      Lock icon TOKYO
      2531 18 Reuter TOKYO Stocks ended higher in thin volume yesterday. A handful of investors bought on growing expectations of a central bank discount rate cut, but activity was still limited by investors' uncertainty over the nation's political future, brokers said. "Prices will not budge widely out of the present range
      Reuter; Source: Bridge Info  -  2,531 words
    • Article, Illustration
      Lock icon BANGKOK
      1851 18 Reuter BANGKOK Stocks were mixed in a generally quiet market yesterday while small, speculative issues remained active, brokers said. The SET index dropped 0.37 points to close at 887.42 on moderate turnover of 4.86 billion baht. During the morning session, the indicator climbed to a high of 890.87 points.
      Reuter; Source: Bridge Info  -  1,851 words
    • Article, Illustration
      Lock icon JAKARTA
      1060 18 Reuter JAKARTA Share prices closed mixed in moderate trade yesterday, brokers said. The official index closed 1.47 points higher to 361.05. Profit-taking in selective counters by foreigners and focus by locals on banking counters dominated the market's activity. a dealer with a foreign brokerage said. Bank Duta edged up
      Reuter; Source: Bridge Info  -  1,060 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2578 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE voiurm Idra H)d 50c 4.880.000 Kcnong Bhd M)c 3 634 000 Promct 3.621.000 FACB 50c J. 132.000 Pc*j Msia |.899.000 Cons Plant 50c 1.691.000 W- ladiMnci 1.572.000 InnoNCSt Bhd 1483.000 Bcriaya Group 1.395.000 Lien Hoe 1.225.000 Bedford 50c 1.173.000 AMDB
      Source: Bridge Info  -  2,578 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Early surge broken on lack of follow-through
        5254 19 Bernama KUALA LUMPUR Share prices were broadly easier in sluggish trading here yesterday amid buyers' reserve and lack of direction. Profit-takers dominated the market but selective bargain hunting helped some shares to end off their lows, dealers said. The 85-stock KLSE Composite Index
        Bernama; Source: Bridge Info  -  5,254 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Share prices weaker in low volume trading
        7476 20  -  By Schutz Lee SINGAPORE Share prices in Singapore closed weaker yesterday in thin trading as buyers stayed away in the absence of fresh factors. Brokers reported fluctuating prices throughout the day as investors remained uncertain. While major players were mostly sidelined, dealers said
        Source: Bridge Info  -  7,476 words
      • Article, Illustration
        Lock icon Sembawang Maritime
        74 20 HOT STOCK Paul Leo Sell Sembawang Maritime Ltd. Monthly RSI at 100 and weekly and daily RSIs above 75 indicate that it is overbought. Moreover. a divergence pattern higher prices with lower RSI in the overbought region on the weekly chart indicates that a correction is imminent. The
        Paul Leo; SOURCE: BRIDGE INFO  -  74 words
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      323 9 oo c Sautta (?qu-C A Ro\i\\ P\l\fi\l L\f)Eiv't~\cf. Ht < /<o\s. lit Tampered lieyond ompart at I he king's Playground U hat a challt ngmg day! Ml you long for now is a plan to r< jn sh arid r< ju\ < mitt your tin d In in i;. After
      323 words
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      6 10 Dividends table has been held over
      6 words
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      Page 10 Advertisements Column 3
      185 10 The University I Jill of South Australia Graduate School of Management Ranked Top 2, together with University of London and University of Manchester, in terms of Standard and Student Quality. Source: "Where to Get the Best Business Degrees' published by The Bulletin dated 27 August 1991. FREE PREVIEW 19th July
      185 words
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      691 words
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      Page 12 Advertisements Column 1
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      248 words
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      553 words
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      Page 16 Advertisements Column 2
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      69 words
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      64 words
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  • SPORTS
    • Article, Illustration
      Lock icon Nelissen takes yellow jersey
      50 21 Reuter VANNES, France Belgium's Wilfried Nelissen raising his arms in victory after winning the second stage of the Tour de France cycling race between Les Sables D'Olonne and Vannes on Monday. Nelissen finished ahead of Uzbekistan's Djamolidine Abdoujaparov (right) and holds the leader's yellow jersey. Reuter
      Reuter  -  50 words
    • Article
      Lock icon An event that weaves a spell
      865 21  -  Wimbledon wrap-up Maureen Dowd on the magic surrounding the tourney Maureen Dowd NYT WIMBLEDON, England After Princess Diana had gone off with her mother, after Pete Sampras had gone off with his girlfriend, after Steffi Graf had gone off to the doctor with a
      NYT  -  865 words
    • Article, Illustration
      Lock icon Price's putter keeps him in top form
      528 21 Golf AP LEMONT, Illinois The putter used to be a problem for Nick Price. Now it's a problem for everyone else. It was a problem for Greg Norman last weekend. And it could be for Nick Faldo next week when he defends his
      AP  -  528 words
    • Article, Illustration
      Lock icon Chin Soon Chye qualifies for Volvo Cup regional finals
      393 21  -  By Shahiron Sahari SINGAPORE Chin Soon Chyc, a former national badminton player, shot the day's best nctt score in the A Division of the Fourth Volvo Amateur Golf Championship Open at Singapore Island Country Club (Island) yesterday. Chin, who partnered former
      Photo by Arthur Lee  -  393 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        266 21 AP. Reuter NEW YORK American league Monday: Texas 5 Milwaukee 4: Oakland 6 Cleveland S (Game 1); Cleveland 6 Oakland 2 (Game 2); Chicago 4 Toronto 3; Minnesota 13 Detroit 3; Kansas City 7 Baltimore 1; Boston 4 California 3 (in 11); NY 6 Seattle 3. Standings (W L
        AP.; Reuter  -  266 words
      • Article, Illustration
        Cycling
        76 21 VANNES, I* ranee Tour dt France second stage, a 230 km race from Les Sables d'Olonne to Vannes, on Monday: 1. Wilfricd Nelissen (Bel. Novmail-Lascr) shr 4lmin 09sec 2. Djamolidinc Abdoujaparov (Uz) 3. Mario Cipollini (Ita) 4. Olaf Ludwig (Ger) 5. Raul Alcala (Mex). Overall standings: 1. Wilfricd Nelissen
        76 words
      • Article, Illustration
        Lock icon Sumo Wrestling
        101 21 AP NAGOYA, Japan O/eki (champion) Takanohana and sckiwakc (junior champion) Musashimaru of Hawaii suffered their first upsets yesterday, the third day of the 15day Nagoya Grand Sumo Tournament. Two other high-ranking wrestlers from Hawaii vokozuna (grand champion) Akehono and o/eki Konishiki remained undefeated at 3-0. along with sckiwakc
        AP  -  101 words
      • Article, Illustration
        Lock icon Hockey
        70 21 Reuter KUALA LUMPUR Champions Troph) preliminary round Tuesday: Australia S Spain 1; Germany 4 Malaysia 1; Pakistan 3 Netherlands I. Standings (p w d I gf ga pts): I. Germany *****36 2. Australia 3 2 0 17 3 4 3. Netherlands 320 14 4 4 4. Pakistan 3102 6
        Reuter  -  70 words
      • Article, Illustration
        Lock icon Soccer
        102 21 AP MOUNT PROSPECT. Illinois The Statue of Liberty is joining the build-up to the 1994 World Cup. The brass retrieved from the statue's 1986 restoration will be part of 70.000 medallions sold by Chicagoland Processing Corp-Envi-romint. The medallions have the statue on one side with the words: "The United
        AP  -  102 words
      • Article, Illustration
        Lock icon Tennis
        131 21 AFP GSTAAD, Switzerland Swiss Open (selected) Ist round Monday (x-seed): Ale* Corretja (Spn) b Claudio Mezzadri (Swi) 6-2 5-7 6-3: Walk Masur (Aus x 4) b David Prmosil (Cier) 6-3 7-6 (7/2): Gerard Solves (Fra) b Robert Azar (Arg) 7-6 (7/4) 3-6 6-3: Karel Novacek (Cze x 3) b
        AFP  -  131 words
    • SIDE LINES
      • Article, Illustration
        Lock icon Chelimo breaks 10,000m record
        104 21 AP STOCKHOLM, Sweden Richard Chelimo (right) slashed the world 10,000-metre record by 32 hundredths of a second after a brilliant solo race from the half-way mark in Monday's DN-Galan Grand Prix track and field meet. Chelimo, a 20-year-old Kenyan, completed the gruelling race in 27 minutes.
        AP  -  104 words
      • Article
        Lock icon Graf told to take long rest to heal foot
        97 21 AP FRANKFURT. Germany Steffi Grafs doctor yesterday recommended that the five-time Wimbledon women's champion take a long break from tennis to heal her foot. Her father, Peter Graf, told reporters after the final that his daughter's foot injury was worse than
        AP  -  97 words
      • Article
        Lock icon Farr-Jones returns for Bledisloe Cup
        106 21 AFP SYDNEY. July 6 Half-back Nick Farr-Jones has broken his short-lived retirement to return to the Australian team for this month's Bledisloe Cup rugby match with New Zealand in Dunedin. Farr-Jones, who led the Wallabies to the 1991 World Cup triumph in Britain and last
        AFP  -  106 words
      • Article
        Lock icon Faldo regains top spot on money list
        105 21 AP VIRGINIA WATER, England Nick Faldo's third triumph in a row at the Irish Open sent him back to the top of the European Tour's money list. The U*****,000 Faldo pocketed at Kilkenny last Sunday took him to a total of U*****,695 so
        AP  -  105 words
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      219 21 H9BjH Corporate high-ftyers recognise the jH' Pr v importance of a supportive hotel m conducting negotiations Serv>ce-onented staff 2- Versatile meeting facilities.Comfortable guestrooms and suites.Cuisines inspired by y C* East and West Plus an unbeatable location in of the cty. So when business or pleasure bnng them to Malaysia's dynamic
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      1059 22 Business limes, Wednesday July 7 few Nothing Beats A Bud, Iftffinfll where to wine, dine and entertain A "Heavenly" Feast Scrumptious Sichuan cuisinc. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Hon Sat 11.30 am to 2.30pm Sun 10.30 am to 2.30pm Ktagsg King's Hotel Clarion. A Member of CDL Hotels.
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      324 22 A THE NEPTUNE. *%pIVEIN7Q THEEtynWENT.^ 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. Shoo til»<*: B.oopm to 8.30pm 9.30pm to 10.00pm 7* ka Oomcm Un Hm Ci*,ii Qmf. SapfM 0104
      324 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Back in the limelight
      1030 23  -  After detours to expand her range of acting. Holly Hunter is again back on the edge of stardom, says Gearby Bernard Weinraub Gearby Bernard Weinraub NYT SIX YEARS AGO, Holly Hunter was on the edge of stardom. As the neurotic tele-vision-news producer in the successful comedy
      NYT  -  1,030 words
    • Article
      Lock icon Excitement at fever pitch for Sunset Boulevard
      479 23 Reuter SIR ANDREW LLOYD WEBBER, one of the world's most powerful figures in musical theatre, lifts the curtain next week on his latest creation in a flurry of excitement unseen in London for almost 40 years. His £3 million ($7.3 million) musical Sunset
      Reuter  -  479 words
    • Article, Illustration
      Lock icon Arnold Schwarzenegger wins libel suit
      445 23 CHATTERBOX UPI UPI Reuter AP AP STRONGMAN ACTOR Arnold Schwarzenegger was stunned a few years ago when a British newspaper reporter claimed in print that he harboured pro-Nazi and anti-se-mitic views. So he sued. On Monday, a lawyer for reporter Wendy Leigh agreed in a
      UPI; Reuter; AP  -  445 words
  • Page 23 Advertisements
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      76 23 Nestling in the heart of Singapore's genteel embassy district lies an organisation dedicated to bringing businessmen back to life. Who have established a worldwide reputation for rejuvenating jaded bodies. And whose soothing qualities have resulted in many a traveller coming back again and again for more. The ANA Hotel. Where
      76 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1295 23 TV RADIO Iron Eagle 11, 10.30**, SBC 5 This low-budget 1988 fantasy -v has misfit pilots from Russia and the I S attaeking a com- a f mon Arab enemy just two *|gyK. *+3MSm 5 weeks away from nuclear eapa- -31 JoW bility. Bad dialogue and stilted characters don't provide
      1,295 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Will Japan speak up for East Asia?
      1113 24  -  The G-7 summit and Asia Special to BT CORNELIA MEYER CORNELIA MEYER Dr Cornelia Meyer is a Swiss economist based in Tokyo. Educated in Japan, she is also an adviser to Yoshiro Mori. MP and Minister for International Trade and Industry in the
      1,113 words
    • Article, Illustration
      How the region should respond to the G-7 slowdown
      1183 24  -  Special to BT EIICHI FURUKAWA EIICHI FURUKAWA The writer is executive director of the Japan Centre for International Strategies. FOR THE next three days, the 19th summit of the seven major industrialised countries will take place in Tokyo. And for the
      1,183 words
    • Article, Illustration
      Reforming Japan's clubby political system
      1541 25  -  Politics and Corporate Japan SN VASUKI SN VASUKI The writer is BT's correspondent specialising in Japanese and Korean affairs. THE ELEGANT redbrick building tuckcd away in a quiet corner of Tokyo's Ichigaya district looks like just another exclusive residential block. Lavish marble floors grace the
      1,541 words
    • Article, Illustration
      Kikkoman: when soy sauce goes global
      1452 25  -  S N Vasuki on a 360-year-old family-owned business that has put the East Asian seasoning on dining tables around the world S N Vasuki IT TAKES a lot of imagination and guile to convert the humble soy sauce into a powerful global brand. Kikkoman
      1,452 words
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  • Article
    Lost goodwill for the LDP
    542 26 EDITORIAL JAPAN'S ruling party politicians have never faced a more hostile and suspicious electorate. On Sunday, as the campaign opened for the July 18 general election, members of the Liberal Democratic Party (LDP) might have realised that the enormous goodwill and prestige the party enjoyed
    542 words
  • WHAT THE OTHERS SAY
    • Article
      Educate CPF investors more
      275 26 THE Monetary Authority of Singapore last week cautioned investors against speculating excessively in the stock market. Managing director Lee Ek Tieng said that the experience of many countries had shown that financial markets often fluctuated drastically and cyclically and Singapore, being an international financial centre, would
      275 words
    • Article
      Investing in youth
      206 26 DECLARING the first Sunday in July as Youth Day is a significant milestone in the development of youth in Singapore, who today make up about 41 per cent of the population. But why the sudden interest by the government in youth? The primary reason is that it
      206 words
    • Article
      The economic boom era
      171 26 ON THE world front, political strife caused by ideological antagonism has basically become a thing of the past. Besides clashes with communal and religious overtones, conflicts between countries and between regions today and henceforth are caused basically by economic interests. Even the conflict between the US
      171 words
    • Article
      Effective government
      143 26 THOSE who are disappointed by the apparent lack of diversity of the 30 Hongkong persons appointed last Friday to sit on the working group for the Preparatory Committee for the Special Administrative Region might be encouraged by suggestions of ways to boost its representativeness. Relatively liberal members of
      143 words
    • Article
      Is greed really good?
      187 26 THE announcement by the Yangon junta that it would halt all of Thailand's logging concessions should have been greeted as a pleasant surprise. On the surface, at least, it would appear that the country's military rulers have come to their sense in time to protect what
      187 words
  • Article, Illustration
    Lock icon Cleared of corruption, the Japanese way
    867 26  -  Gregory Clark looks at the way some Japanese politicians tainted by corruption are trying to rescue their reputations Gregory Clark IHT THE COUNTRY that gave us the Walkman and the karaoke box is about to give us a new political principle. It says that
    IHT  -  867 words
  • Page 26 Advertisements
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      289 26 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 CHIAT HL'AT TRADING PTE LTD (In meaiberc' voluntary liquidation) NOTICE OF FINAL MEETING Notice is hereby given pursuant lo Section 308 of the Companies Act. Cap. 50 that the Final Meeting of members of the abovenamcd company will be held at
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      Page 26 Advertisements Column 2
      75 26 HI LinnG COURT A member of the Wulhelam Group LIANG COURT HOLDINGS LIMITED 5550,000,000 Hybrid Bond Issue Due 1998 In accordance with* the provisions of the Bonds, notice is hereby given that the Floating Rate of Interest for the three-month period from 7 July 1993 to 7 Oct 1993 is
      75 words
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      322 26 M THE MATTER OF THE COMPAMES ACT, CHAPTER 90 NOXELL (SINGAPORE) PTE LTD MEMBERS'VOLUNTARY LIQUIDATION At an Extraordinary General Meeting ot the Company deemed to be held on the 1 July 1993 tf* following resolutions were duly passed: L SPECIAL RESOLUTION WWNDINQUP That the Company be wound up voluntarily pursuant
      322 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      71 26 PR.roTosi M lf J II VcLose To meN *s Possible. se.xi--nE.rpPs y miss PRiMgQS£... fly 2__ oa TlPl w t LTO DOONESBURY GARRY TRUDEAU OH, MIKE... iOU'RB HP/, UJHAVSWRONG OUUH ITS Wit NCFT ACTUAUY PO/N6 THAT TIM PROUD OF THEM' MOM! OOP I HE -UVF UM..RXjHT! ON THEJR 9UP&MAR&T PUU-OUTS
      71 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon The painful process of economic change
      1677 27  -  The Indian government is attempting to rejuvenate its economic liberalisation programme. But the world's major manufacturing, service and financial companies are unsure if the country is ready to emerge from its shell. Edward A Gargan reports Edward A Gargan NYT TO RE-ENERGISE its two-year
      NYT  -  1,677 words
    • Article
      A mountain of problems
      1090 27  -  Philip Bowring examines the problem of the Philippines' huge domestic debt burden Philip Bowring The writer, a former editor of the har Eastern Economic Review, contributed this article to BT THE PHILIPPINES has a new central bank governor, Gabriel C Singson. But the domestic debt mountain
      1,090 words
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      93 27 >4 mm A 11%viddonestimated'fully MMm leased incomc J 1 J T"X m m\g AUD5227.50 per square foot /j t J mm m of net lettable area mm MA well below estimated mmm m M net lettable a r ra-76,908 sq lit llm MMA The Location mmmm• the gateway to the
      93 words
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  • Article
    Northwest Airlines pilots agree to wage cuts
    445 28  -  By Juliette Walker SINGAPORE Debtstrapped Northwest Airlines announced late last night the successful completion of a last-ditch bargaining session with pilots aimed at keeping the US airline out of Chapter 11 bankruptcy protection. The number four US carrier had been negotiating with unions
    445 words
  • Article, Illustration
    Lock icon Clinton-Miyazawa talks raise hopes of trade accord
    576 28 Run-up to the G-7 summit Reuter TOKYO US President Bill Clinton and Japanese Prime Minister Kiichi Miyazawa cited progress in trade talks yesterday and held out hope that the two economic superpowers could reach agreement on a new trade relationship in the next
    Reuter  -  576 words
  • Article
    Lock icon Japan and US urged to strive for market agreement
    283 28 Reuter TOKYO It is understandable that America wants numerical targets for a reduced Japanese trade surplus because it is a fact that Japanese markets are still not open, Masaru Hayami. chairman of the Japan Association of Corporate Executives (Kcizai Doyukai), said.
    Reuter  -  283 words
  • Article
    Lock icon Clinton: US committed to Asia's security
    112 28 Reuter TOKYO President Bill Clinton, seeking to reassure allies worried about North Korea's nuclcar programme, vowed yesterday that America would keep its troops in Asia and honour dcfcncc commitments to Japan and South Korea. 'The US has no intention at this moment or in
    Reuter  -  112 words
  • Article
    S'pore team yet to accept Qingdao's land offer
    248 28  -  From Yong Pow Ang in YANTAI THE Singapore delegation visiting Shandong left Qingdao yesterday with lasting impressions of the city's beauty and panoramic scafront. There is, however, no indication yet on whether the Singapore government will accept Qingdao's offer to develop an
    248 words
  • Article
    Lock icon Nuke plant in Iran not for wan China
    136 28 AP NICOSIA, Cyprus China's vice premier, Li Lanqing, said in Tehran yesterday that a nuclcar power station his country is building in Iran will be used for peaceful purposes only. Tehran television reported him as saying that the 300mcgawatt plant will be
    AP  -  136 words
  • Article, Illustration
    Clash of cultures or hypocrisy in global leadership?
    971 28  -  The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is BT's Regional Analysis Editor THE END of the Cold War has led to what promises to be a profound debate about the future of the world. In a clash of
    971 words
  • Article
    Lock icon Iraq issues warning over missile-site standoff
    211 28 AP BAGHDAD Iraq's parliament Speaker said yesterday that Baghdad might stop coopcrating with the United Nations on the destruction of its non-convcnt ional weapons if a standolT over missile-site monitoring is not quickly resolved. Interviewed on the eve of an emergency meeting of the
    AP  -  211 words
  • Page 28 Advertisements
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      48 28 camPAa Cj ull m cTriT) I FULLMARK MICRO PTE LTD TEL: 221-3626 Most businessmen have discovered guide of fa flight schedules a new way to fly* fl BZ9 Pocket Flight Guide For a free copy, call Official Airline Guides Singapore Tel: (65) 293 3622 Fax: (65) 293 7879
      48 words
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      Page 28 Advertisements Column 2
      125 28 TullmarjP FULLMARK MICRO PTE LTD TEL 221-3626 Unique 2-day conference to benefit companies currently operating in Vietnam and those planning to set up business VibTNAM Focus on latest developments in ♦LEGAL ♦CONTRACTUAL ♦OPERATIONAL ♦TAX ♦FINANCING ISSUES Opening Address by Ngo Von Died, Deputy Director, Project Evaluation Stale Committee for Cooperation
      125 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Dhana urges S'pore firms to provide logistics services
      381 29  -  By Ramesh Divyanathan SINGAPORE Singapore companies involved in the region's infrastructure projects should follow this up by providing logistics services such as warehousing and freight management, said Minister for Trade and Industry S Dhanabalan. Speaking yesterday at the opening of Trident Districentre
      Photo by Arthur Lee  -  381 words
    • Article
      Lock icon HK govt delays award for harbour project again
      295 29 Bloomberg Business News HONGKONG The Hongkong government has delayed the award of a huge harbour reclamation contract, a key part of the territory's controversial airport project, for the fifth time. What's more, a government spokesman in a statement on Monday warned that
      Bloomberg Business News  -  295 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1077 29 Page Col ABC Containerline 14 1 Accord Group 10 1-3 Africa Container 17 3 Ahrcnkicl Liner 6 1/2 Alpha Feeders 8 1 ANL 5 1/2 APL 7 3-5 Appenship 20 3/4 Arabian Express 17 5 ASCL 7 5 Asian Breakbulk 17 1 ASXCL
      1,077 words
    • Article
      Pan-United builds $12.5m pusher-barge
      378 29  -  By Juliette Waltker SINGAPORE Mediumsized Pan-United Shipyard recently completed the construction of a $12.5-million bulk cement pusher-barge as well as a $1.3-million reengine project. Pan-United said it had delivered a specialised pusherbarge to its owner. Juta lntegrasi (M) Sdn Bhd, on May 12. The yard carried
      378 words
    • Article
      APL to operate biggest dedicated terminal in US
      421 29  -  By Dexter Lee SINGAPORE American President Lines (APL) has struck a deal with Worldport LA to operate the largest dedicated container terminal in the US. The 30-year pact was sealed last week between APL's stevedoring subsidiary Eagle Marine Services and the Los
      421 words
    • Article, Illustration
      Lock icon Russia's soaring hopes
      1737 30  -  A sudden increase in joint-venture activity between Russia and the West in the field of aviation is taking place, reports Julian Moxon Julian Moxon Flight International IF THERE had been any doubts about Russia's determination to be a major player in the international aerospace scene, they must
      Flight International  -  1,737 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        535 32 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departwe Jurong Port MaMuta OS 93 P04 alongside 0/0/'0700 AIS Mary UWB 115/16 alongside 0/0/ 1000 Melaka Lava 10 93 P03 akwgade 06 0//1800 Andhka Wnaya 30 16 alongside 0/0/ 0600 Raint»» Gl 081/93 P096 alongside
        535 words
      • Article
        CONTAINER SCHEDULES
        1833 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Record Bookmf/Baiance Rdts Slap Voy No Etb/Btr Period From To From Ace Concert 33W 07/2100 1 06/1500 06 1659 06 1900 2 06/1700 07/0659 07/0900 Acx Uy 388 09/1800 3 07/0700 07/1159
        1,833 words
    • Article
      THE SHIPPING GUIDE
      12076 40 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
      12,076 words
    • Article
      DAILY FREIGHTS
      314 47 DRY cargo freight rate market conditions were inactive on July 5, with fresh fixtures fairly thin on the ground, while BilTex futures moved lower once more, following Friday's rally. Brokers said interest during the summer months was likely to remain fairly slow. In the grain fixing sector US
      314 words
    • Article
      TRANSPORT DIARY
      1162 47 COURSES Title: Cargo Handling and Shipping Course (SDF 50%) Duration: July 7 Organiser Computer Lord ITC Tel: For further details contact Tony at tel: 294-0400. Title: PSA/SFFA Dangerous Goods Course (SDF 70%) Duration: July 14 Aug 11 (8 evenings) Organiser: Singapore Freight Forwarders Association Tel: All courses are
      1,162 words
    • Article, Illustration
      Lock icon Learning from the airline business
      1265 48  -  Can shipping lines adopt yield management as a tool to help them achieve profitability? Bruce Vail reports Bruce Vail American Shipper A HANDFUL of ocean shipping companies are looking at the passenger airline business as a model for making their own operations more profitable. While
      American Shipper  -  1,265 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Macau's new airport looks set for a smooth take-off
        699 50 Reuter MACAU While Hongkong's new U5522.5 billion (5536.7 billion) airport encounters turbulence from the Sino-British row over the colony's future, a smaller project in Portugeseadministered Macau looks set for a smooth take-off. The tiny territory off southern China, renowned for its
        Reuter  -  699 words
      • Article, Illustration
        Lock icon Train fails to brake, killing one
        76 50 Reuter OPORTO, Portugal A train crashed through the front of a station in the northern city of Oporto on Monday, crushing to death a passerby on the pavement and injuring four others when it came to a stop in the street Apparently the brakes
        Reuter  -  76 words
      • Article
        Lock icon NZ Railways likely to be sold at a fraction of original cost
        459 50 Reuter WELLINGTON Final bids for the planned privatisation of New Zealand Railways (NZR) were closed yesterday with analysts saying the railway is likely to be sold at a fraction of its original cost. The anti-trust Commerce Commission said
        Reuter  -  459 words
      • Article
        Lock icon Royal Brunei to expand routes into West Asia
        341 50 MBT KUALA LUMPUR Royal Brunei Airlines (RBA), which is acquiring three more Boeing 737-300ER (Extra Range), is set to expand its routes further, with plans to fly an additional destination into West Asia as well as into China. The airline, which will
        MBT  -  341 words
      • Article
        Lock icon Boeing modifies engine mountings in a rethink of the original design
        599 50 Flight International SEATTLE Late in May, a salvage company trawling the sea bed in the Formosa Straits found a vital piece of missing wreckage from a Boeing 747 freighter which had crashed in nearby Taiwanese mountains in December 1991.
        Flight International  -  599 words
      • LOG BOOK
        • Article
          Theo Davies Marine changes name
          81 50 SINGAPORE Hawaii-based Theo Davies Marine Agencies has changed its name to Jardine Shipping Services to strengthen the Jardines brand-name in the Pacific. Theo Davies has been the Pacific link for Jardines' Far Eastern network for over 30 years. In a statement yesterday, Singapore-based Jardine Pacific
          81 words
        • Article
          Northwest load factor up 3 points
          87 50 SINGAPORE Northwest Airlines' Pacific services has started off on a strong note in the current summer travel season with average load factor in June at 75 per cent, up three points from that a month earlier. Northwest' Pacific Division vice-president Jim Scott said in
          87 words
        • Article
          Lock icon Russian cargo ship sinks
          97 50 AFP MOSCOW Two seamen died when fire swept through and sank a Russian cargo ship in the southern Gulf, the Interfax news agency said on Monday. The Captain Sakharov was evacuated by a nearby Russian ship which sped to the rescue overnight on Sunday after picking
          AFP  -  97 words
        • Article
          Lock icon Chile, Cuba resume maritime trade
          78 50 AFP VALPARAISO, Chile Chile and Cuba have resumed maritime trade after a 20-year lapse, port authorities said on Monday. The Cuban freighter Anacona loaded 600 tons of onions on Saturday and left on Sunday for the Cuban capital, officials said. Chile broke relations with Cuba
          AFP  -  78 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1333 50 aty n*t ha nm no i Aha MaM GA895 1435 GA984 0150 MlliWl SQ227 2230 tam RJ182 1440 Amtardaa I SQ319 KL831 GA975 0715 0935 1455 KL838 SQ324 KL832 0020 2230 2320 M SQ347 1735 NZ218 1820 NZ22 1935 HHIfl SQ288 2025 Bahraia GF149 0650 BaHkpaeai
        1,333 words
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      62 29 IMS VITAL UK f§ MALmiA" Rail-Link Expraaa providaa a total mtmcs to aava your monay una and worry aa w datovor your goorla tpaadrfy and prempay to your daaunatlona in our organwad Malaysia road natworka Rail-Link Exprsts (S) Pta Ltd T«l: 354-1223 Fax *****10 -3 oo«tenvic€«_ 1 Expreaa Parcel T
      62 words
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      26 29 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association >55/ for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      26 words
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      Page 29 Advertisements Column 3
      25 29 Russia's soaring hopes, Page 2 hv* TIC-TECH-TOE To avoid stalemates, try some fresh strategies. Innovation Technology. Eveiy Thursday. Vmmnhl f Business Times WE mow ASM
      25 words
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      Page 29 Advertisements Column 4
      31 29 Ehcargo-rak jjjj EnturToptimum^ 91 protection for your WM cargoes during HH transport at low costs. FUJI TRAOING (SINGAPORE) PTE LTD TEL: *****59 FAX: *****43 Yield management for shipping lines? Page 20
      31 words
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      50 30 f The Efccufcwe Housekeeper -this hotel) O I I war^s me n^9'es t L Any job. Any Career. Available Any Day. any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU Singapore Press Holdings
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      Page 30 Advertisements Column 2
      22 30 f STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. \sviunn9 Business Times
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      133 31 Why n Our Name Is Being Seen In All The World's Most Fashionable Places. Fom the urgent shipment of initial designs and samples to the economical distribution of finished product, UPS is becoming a fashionable choice in the fashion world. However you send your shipments, Express or Expedited, they never
      133 words
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      482 32 MMHHRRiiiRRiIiM^ TSKLME AGENCES (S) PTE. LTD. /mmA 'I 1 17 "W fmrjl Tel: 226-3363 I J r\l r. Fax: 226-1972/3 \yfgf7w Tlx: RS *****/TSKSIN TOKYO SENPAKU KAISHA.LTD. CR No: **********0N I I EXPORTS TO HONGKONG. MANM. TMWAN t WAN "TWICE HEB<LY" I ana— w m m tlwlmiw m m mm
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      Page 32 Advertisements Column 2
      1455 32 1 l lj 1 mm m* mm '!j t y, 'ift. >■ I m Uffljl"-' m 'n jrlWwwT Mr BOP. job m-_mK-_ji |Ml _ia a m jbb iin—iii iH|5nS hi—ni caikorna whti» u iti ?«7 ST HI nr lin 111 m ni 3i; ocuhus ro*«) oil»|irr|?rr|2rr| 3i/7ill T» u 4i
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      2532 33 H OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. TEL *****13 FAX *****42 PETALING JAVA TEL 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 <INWARD)/*****90 (OUTWARD) T Vtfw X c£ 2 -?A 31 CFS TEL *****6 S FS T E T L EL 32 I!S 2 9 3M9
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      Page 33 Advertisements Column 2
      2037 33 ■E3liW=liHHWl=i FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS LARS MAERSK V. 9308 ETA SIN 15TH JULY 93 PENINSULAR BAY V. 5864 ETA SIN 17TH JULY 93 voy ETA ETD Feede. by DESTINATIONS rtxs marit maerSk 9306 13/07 0800 MRS CfS 12/07 2359 HRS JOH LPK PEN OAK LOB HOU MEM ATL MIA CHS
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      1705 34 AQABA R DAM/ IE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEODAH (VIA JED) S TON H BURG A WERP HAVRE «#P«T MAI AV«IA 7/7 24/7 27/7 2V7 t 7elan? 'en!nj LUDWIGSHAFEN EXPRESS 08/326 10/7 19/7 25/7 28/7 31/7 2/8 4/8 Pasir Gudarvg KASUGA I 27/127 15/7 31/7 3/8 1/8
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      Page 34 Advertisements Column 2
      562 34 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia e Hungary CSFR e Poland ocwans. AGENCIES (FAR EAST) LTD nouakchott-banjul-bissau-luanda-bata Fwd>r Vessel ETA SM POL EAST V7229W
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      Page 34 Advertisements Column 3
      1199 34 I g»iaaaaaia mw REGULAR IWPEPENDEWT f "LL CONTAINER SERVICE 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 I NORASIA AL-MANSOORAH 9327-3 22/07 11/08 12/08 13/08 14/08 15/08 16/08 17/08 18/08 19/08 NORASIA
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      2047 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towtrs Siwgapf 020S Td: *****10 Fax: *****17 mw qwnu pacwk um ny (A wmcc OP CHMA navigation CO> ACCEPTS AIVI CARGO DUE SMS i STRAITS PHK Vl7l KK. Skin. Taw In PI OIM FCL. LCL CONTAMCR AMD BMAKBULK SERVICE
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      Page 35 Advertisements Column 2
      2690 35 SINGAPORE AGENT: HMHL PXtI 1 Aflt'Q IYIAI*C P«0 Containers (Singapore Agencies) Pte Ltd X 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SJNGAPORE 0208 K Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT »OY *HtQ *PKO MN ALB SOU ANT ROT NAM
      2,690 words
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      780 36 I INDONESIANATIONALUN^^ [►TOEUROPE Tjj» I »a I not MMM MM I H-MCI wawl WT«Wf I»t MIAYA 37W8 10 15 7 I 10/1 15/1 22/ i KUIN J V2tNB 2124/ 7 I lTi 30/S 4/9 TO AUSTRALIA m FULLCfljh^a EAST COAST PMTS VSL VOY WL STOW SVO MELB WIS Fltt "[MEL
      780 words
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      Page 36 Advertisements Column 2
      2264 36 (g) HANJIN SHIPPP^ f OR VSL M» LM HAUL SEA POI fDB HANJN HAMBURG 014E Ml ORECI 22/1 24/7 HJIUJ VI HAN UN SINGAPORE 010E 8 ORECI 20/7 31/7 JJJJJJJJ y HANRN LEHAVRE 022E 15 7 DRECT 5/1 7/1 HMUJ 15 J °J* HANRN MASAN 079E 22 1 OIRECT 12/1
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      Page 36 Advertisements Column 3
      1434 36 H-H-TTTT^ I m Kt IK ut ws m o» m >") |>< (X IN m IN) M m W nc ra M Ni w I H I GROWTH BMI 7/7 1/7 12/7 14/7 18/7 19/7 20/7 22/7 23/7 24/7 28 7 (I 111 20 211 a/1 Tl M 7l II
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      2181 37 »—PLEASE CALL II II NEPTUNELINK (1800 *****00 TOLL-FREE) U H M FOR THE FOLLOWING INFORMATION: II KISS II VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ H| II BSC M freight charges payable/store rent charges/ H| ■I HI AVAILABILITY OF DOCUMENTS FOR COLLECTION ■1 HI *R1 Connecting C. Saturn Voy 58E in HKG 08/08/93
      2,181 words
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      Page 37 Advertisements Column 2
      1185 37 m sinsov SINGAPORE SOVIET SMPPMG CO PRIVATE LTD BOOKMGS: BALT ORENT UNE: *****64 FESCO: *****06 ENQURES: *****33 BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSMPMENT: *****78 KL: 03 *****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR
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      Page 38 Advertisements Column 1
      1605 38 K", AS AGENTS KAWASAKI SINGAPORE (FTE) LTD (C« *****?301M«] VP v TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 i ft| MALAYSIA "K" LINE MARITIMI (MALAYSIA) SON BHD I _■Lj TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SAKANA LAUTINTERNUSA. TEL JKT *****08 ■■■■n KAWASAKI K3SEN
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      Page 38 Advertisements Column 2
      646 38 PHIU OttKNT LINGS PT€ LTD f 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 AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 8 JUL SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 16 JUL AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH NAPIER CHRISTPHi nru
      646 words
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      Page 38 Advertisements Column 3
      433 38 GOLDEN LINENS fLTG oV GUAN GUAM SHPPftG Upy<\ (PTE) LTD 1 23. TM «T« Sfrwt SMGMK IIM TEL U4JMS (11 IMS) f„ M43J44 (U III2KMMM) ITIAITI/WMmi ODLFIUTKI Sport P Kelang Penang GOUKM NMNESI Haract. Onto 14/ M M GOUKM STM Karachi Duto (/I CHINA SEMTICE 601KN NOMHI Clwta Ports 14/14
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      1028 39 (SSSSftff PACIFIC INTERNATIONAL LINES (PTE) LTD I SSSSSSS U— 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO: **********06 t H HHVVHPV'^HVVH USQ VESSEL VOY SIN BKK SIN VESSEL VOY *~*~™SlN JKT SIN EQUATOR EMERALD 06N t/7 12/7 16/7 JUnOATIRATAI MM 13/7 W7 2/7 SINO MARINE MN 10/7
      1,028 words
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      Page 39 Advertisements Column 2
      1681 39 WSStIS WT WA fOCCT SPORE HMWC OOIIERPAH ANTWAP IHMS II HAR«E rot [Ml 7229W 1 11/07 00/00 M/ 0* W 0« 10/00 12/00 Will Ot FOHTM€ 9029W 17/07 13/00 IVOI 10/00 17/00 19/0« heuas maceooma m»« 25/07 20/00 22/00 23/oo 24/oo 2t/oo Will Dt IKSTA 7429W 01/00 21/0* 30/00 31/00
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      Page 39 Advertisements Column 3
      380 39 I BSfl nT mm MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore R.KIf Pen P.Gdf LOMAW VI9SW In Port MPA-AN VI9?W In Port PAGAH VI99N 06/01 M MYOMA TWA VI4SW t/10 U MERGUI VIIM 12/13 RJI 8/11 M MALAYSIA MINTS BOUSTEAD SHPfttG AGENCtS Ml: TEL 03-*****00
      380 words
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      Page 42 Advertisements Column 1
      1778 42 Full Container Liner Services General Afob; Booking Agents. Gum Com Skipping SAi SM CJmng Ckiae Stopping S4n SM p. 7. GhbaJ Petri Indonesia Maritime Costar Shipping Pte Ltd sim*rm*t***u*ns+*4 siftr*m«*tuinni M >ii MnNr 47 ZmTStZ JL\ST HHC M*f *15-00 cMmm flHiir rffi—mi *I7«S/07 Ster AarJteM ***** 1 {£f£».SSSom mi«tm SWI-W
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      Page 42 Advertisements Column 2
      253 42 fa SHINYEI SHIPPING (S) PTE LTD I 10 Anson Road #15-01/02 International Plaza Singapore 0207 CR NO: **********0N HOT LINE: *****38 (8 LINES) I JAPAN MA EAS^S^^l KOBE/YOKOHAMA 11/7 MMiVifliiin iJ/J l TOKVO/NAOOVA 11/7 lIOnOKOWO/CWm 11/? OM 11/7 USE li/7 I for aoo*ma*, rti*« contact DORIS, RAHMAN, 8181 pcnano lt/7
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      Page 42 Advertisements Column 3
      471 42 w»a Sot jakauta ra Bangkok OCEMM EXPRESS >5 JU. 29 AUG 1 AUG AUG 13 AUG 15 I OCCANA EXPRESS IS AUG 25 AUG 29 SEP 4 SEP 9 SEP 11 I (KEFER CONTAMEX AVAt.ABLE) I I »OT ETA SPORE GUAM (T/S) MO THE! KSSEL GUAM PONAPE I OCEAMA EXPRESS
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      Page 43 Advertisements Column 1
      644 43 ffc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 12/07 ROTTERDAM 10/07 AARHUS/COPENHAGEN 12/07 HAMBURG/BREMEN 10/07 MARSEILLE/FRANCE 08/07 FEUXSTOWE/UK 12/07 BARCELONA/SPAIN 08/07 LEHAVRE/FRANCE 12/07 GENOA/ITALY 08/07 ANTWERP/BELGIUM 12/07 LOS ANGELES/WC/PI 14/07 SYDNEY/MELBOURNE 08/07 NEW YORK/EC 14/07 FREMANTLE/ADELAIDE 08/07 VANCOUVER 14/07 BRISBANE
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      Page 43 Advertisements Column 2
      717 43 SJ RICHFIELD MARINE AGENCIES (S) PTE LTD [Wl TEL: *****33 (12 Lines) g%l FAX: *****15/*****03 Wj TELEX: RS ***** RISHIP (3 Lines) )MS ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VtSStl VOY ETA LOADING FOR SPORE ANCXNET 31WB 08 0« DABESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT
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      Page 43 Advertisements Column 3
      572 43 JAKARTA BANGKOK voy I sm st [vessel Iwy wmmm mmmm O*" MPT 10/7 MAW BHUM 16SW mPT 7/7 Sua 11/7 MIA BHUM 05S 9/7 13/7 lAMJ BHUM 02W Ihu «/7 M«n 12/7 ISKA BHUM loi 10/7 14/7 DRAGON SENIOSA 43N fri 9/7 tw 13/7 IHANA BHUM MS W7 16/7 CHAIYA
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      Page 43 Advertisements Column 4
      363 43 I 1 DONGNAMA LINE conta—wp wmnct straits/ilw/nic/—n (HS9I SK PR U IK M NMAT» GUMY V347N 11/7 13/7 14/7 15/7 25/7 21/7 HONGKONG AIT VM7N 17/7 19/7 21/7 2/1 VI > MNUN VMM 24/7 2C/7 21/7 29/7 l/l 11/1 TUISPM WOW 1/1 2/1 4/1 15/1 11/1 WOUND THI ASIA HIVICg
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      1559 44 ~l\=/\"l A 9 ent#: MAC-NELS SPORE: *****22 (24 LINES) *V J V /C/R No: **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 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 6/7 7/7 8/7 Honi
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      Page 44 Advertisements Column 2
      180 44 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA 111 U« 70K mi Ml ANC PI HANG if IMK SjiW Loading toi Mite RUVAI HUDMU is/; Loddicij toi CAiitla DOIfHH loading fw Mjtf nofuarnc ni loading fw MA UMMEDH M/Z loading Fo< Mate (HOGWSS IBOttT IS// I// loading tof
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      Page 44 Advertisements Column 3
      834 44 /gl THONG SOON UNES PTE. LTD. 78 SHENTON NAY #10-01. SMGAPORE 0207 TEL: *****88 FAX NO: *****11 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING UWfc 2ZnSsT~ MMQAPOWE TO SARAWAK fISSEL VOT SPORE PEST VESSEL VOY S'POiE OEST EQUATOR 111 93/3E 08 JUL KUCHING EQUATOR GRACE 92/3E
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      803 45 WSV'EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTMG BREAKBUK SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOVA. MOA. TOKYO*. MANK.A*. OAVAO*. Penant* P. Kelanj Sinfapore E'Msia* KARABEVERETT VI2E PT7/07 Jul SHAPLAEVERETT VI6E 23/24 Jul 25/26 Jul IVYEVERETT VSE 17/H Jul 19/20 Jul ACCEPTING BREAKBUK FCL SOC CARGOES TO/FROM CHTTAGONG, CALCUTTA AW MONGLA*
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      Page 45 Advertisements Column 2
      326 45 m GLORY Ukmhim GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VII 25/7 27/7 2S/7 7/S GLORY SELATAN V 5/7 12/7 SP PKL HCM HK KAO HSIEH YUNG 1/7 ACCEPT CLASS CARGO
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      Page 45 Advertisements Column 3
      590 45 PtSl —WORLDWIDE mm ciODE stimkhs urns 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 CONTRS FOR RENTAL SAILING TO 'PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO SOUTHERN
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      476 45 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SIN DURBAN P ELIZABETH SIN FENGKANGSHAN V52/S3 19/07 05 08 08 08 26 08 FUYUSMAN V 46/47 04/08 20 OS 23/08 11/09 ALSO ACCEPTMO TO JOHAND4ESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MDS SIN TIGER CREEK
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      Page 45 Advertisements Column 5
      304 45 SIM FAI EAST 13/7 KEELUNG/ KAOHSIUNG 10/7 BANGKOK 12/7 MANILA/CEBU 11/7 JAKARTA/BELAWAN/SURABAYA 12/7 PORT KELANG/PENANG/E. MALAYSIA 11/7 BUSAN 11/7 TOKYO/YOKO/KOBE/NGO/OSA 11/7 HONG KONG SjN CHINA (+B*±*Sn) 11/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU /XIAMEN SHANTOU/SHEKOU DALIAN SHANGHAI /XINGANG TIAN JIN /QINGDAO HAIKOU also accepting LCL cargo SIN EUROPE/UK 12/7 LDN/FLX/LVP/SOU 12/7 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting
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      769 46 HON6 KONG/CHINA 12/7 19/7 JAKARTA 9/7 16/7 BANGKOK 14/7 6 21/7 MANILA 9/7 16/7 BUSAN 12/7 19/7 KEELUN6 14/7 A 21/7 TOKYO/KOBE 9/7 16/7 KAOSHIUNG 13/7 19/7 POBT KELANG/PENAN6 9/7 16/7 YOKOHAMA 9/7 16/7 COLOMBO 14/7 21/7 FELIXSTOWE/HAMBURG 9/7 16/7 CHITTAGON6/MAORAS 12/7 19/7 ROnEROAM/LE HARVE/ANTWERP 9/7 16/7 BOMBAY/KARACHI 12/7 A
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      Page 46 Advertisements Column 2
      333 46 Contemn CONTERM FREIGHT (F.E.) PTE LTD AUCKLAND 16TH JULY ACCEPTING TO ALL NEW ZEALAND PORTS JULY MSI IKLAMG 15 JULY JAKARTA H JULY BANGKOK 10 JULY FREMANTLE 18 JULY MELBOURNE 15 JULY SYDNEY 15 JULY BRISBANE «JULY I'ACCEPTING TO ALL SCANDINAVIA PORTS COLOMBO 14 JULY MAORAS 11 JULY TEL: 323
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      Page 46 Advertisements Column 3
      630 46 This Week's Sailings SiagapwT j T T FIRSI FORWARDER IN l° EID To: EID ASIA AWARDED Singapore Singapore WO2 BY I.RQA EVERY EVERY Bangkok SUN Hamburg SAT y^ i EVERY EVERY .Manila SUN Ho Chi Minh FRI f|}j S]| EVERY EVERY Colombo TUE Los Angeles SUN VWX LjE| A MTEKNAnONAL
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      Page 46 Advertisements Column 4
      113 46 I NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAM.VNAGOY.VKAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ EELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN ECL 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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      1143 47 NLL ROCHESTER/3218 eta Spore 12/7 DIRECT TO BLOFF (N.Z.) OCEAN VESSEL SM LEH RTM(I) HAM(2) BRV FU GOT VESSEL ftt P.Kg Sin Step Aid Hji(A) NWymouth Timani Lyt(B) Dm*(B) Napier NK(C) Tairanga Buff Mm NLL Asia/2223 14/7 31/7 1/8 2/8 4/8 5/8 3/8 Rochester/3218 7/7 10/7 12/7 16/7 27/7 6/8
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      603 47 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1901 2001 2IM 2200 2300 3 0 3.1 2.9 2 5 1.9 1.3 0.1 0.5 0.4 0.5 0.1 1.4 2.0 2.3 2.4 2.3 2.0 1.5
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      289 48 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANM.A VIGOUR SINGAPORE 57N8 09/07/93 17/07/93 re JSi°SS, EffiL VIGOUR SINGAPORE 57ANB 12/07/93 17/07/93 VIGOUR PACfIC 22M8 16/07/93 24/07/93 YKKWR PACIFIC 22AMB 19/07/93 24/07/93_ PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENAN6 MAWNA MAS 9339N8 0«/07/93 10/07/93 VIGOUR
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      Page 48 Advertisements Column 2
      560 48 ©APPENSHIP /2\ HAMBURG MY/ CONVENTIONAL INDEPENDENT UNER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST KSSLS LONXNG PORTS D6CHMGE/LOMMG FOR VAMJY MATUZEMKO SZCZECIN SLD GBURG SLD. BILBAO SLD SPORE 05/7 HKG 11/7 BEILUN 18/7 LOMELEY SZCZECIN 28/6 HAM 30/6 ANTW 5/7 SPORE. BKK KOALA CONTAINER LINE STORE Fll HAM
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      Page 48 Advertisements Column 3
      313 48 1 cosco UKC COWVEWTIOMAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/06 Rotterdam/Antwerp CWNA CONVENTIONAL SERVICE VESSEL PKL PNG PG LOADING FOR: A VESSEL 15/06 20/06 Huangpu/Guangzhou COSCO FULL CONTAXER SERVICE! (FCL/FCLI EXPORT TO: CHMA/BANGK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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      1003 49 I ▲HYUNDAI I I MERCHANT MABINE CO. LTD. I WESTBOUND TO EUROPE vtssas voy 1 pwa hce I pcd I rasas vov aw awt* ldt hw wtt fa NOR ASM MALACCA 9323* 06/07 07/07 01/07 H. EXPLORER 306W 12/07 30/07 30/07 31/07 01/01 01/01 03/0S HMM AOVANCE 22A 13/07 14/07
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      Page 49 Advertisements Column 2
      453 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS HSOI NT M N UC U IOMM II 1/7 It/7 m 13/7 TMMK MAS 21 11/7 11/7 SUJ BMBVI M 12/7 WU MM 13 11/7 11/7 SOT rUTWf 2 11/7 SOU MOT 7* 24/7 21/7 mm wm 2
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      Page 49 Advertisements Column 3
      963 49 JEDDAH/UK/CONTIsENT (store Id stom hot roMi leh •Mm acc** c*i« r« IUDMCSHVUI EVRESS M/ 324 11/7 19/7 2t/7 31/7 2/1 4/1 Smit—>lw :torf M fettorta. BMaM art Mh U9HI 27/127 14/7 31/7 VI S/l Mlrtai :to d ktwmp, kmlmim*. o*. HMMi lEOTOT EXWKS 13/327 24/7 4/1 7/1 9/1 11/1 TiMi>l«
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      Page 50 Advertisements Column 1
      9 50 H I l* mßk w Tomorrow in Business Times
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      Page 50 Advertisements Column 2
      49 50 Tomorrow in Business Times Finnair Business Class Speed, Comfort and Space Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
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