The Business Times, 8 July 1993

Microfilm: NL18842
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA (P) 552/12/92 Thursday July 8 1993 WE KNOW ASIA 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon It's official: France is in recession
      99 1 Reuter PARIS France is now officially in a recession. Official data to be published today, shows the economy shrinking in two consecutive quarters. The National Statistics Institute says total gross domestic product product fell by 0.5 per cent in the first three months of
      Reuter  -  99 words
    • Article
      Lock icon Fear of another US strike against Iraq
      56 1 Reuter BAGHDAD Air raid sirens sounded here early this morning, sending people running for cover in fear of a new US raid or missile strike. No explosions were heard and there was no anti-aircraft fire up to 1730 GMT. No official explanation for
      Reuter  -  56 words
  • Article, Illustration
    MARKET SUMMARY
    112 1 Stack market indices Wednesday Change ST1I 1.802 49 -16.48 KLSE Composite 732.66 +0.99 Nikkei 19,720.67 -109.11 Hang Seng 7.141.11 -27.23 SET Index _.903.0 +15.58 Jakarta Composite ...360.28 -0.77 CLSA China B 908.22 -27.58 Aust All Ord 1.773.0 +8.8 FTSE 100 2.848.3 +0.2 Wednesday Prevfcws I pot dose Dow
    112 words
  • Article
    G-7 agrees to 'largest tariff reduction in history'
    679 1  -  From Anthony Rowley in TOKYO THE Group of Seven redeemed itself from threatened irrelevance yesterday when the world's four major trading powers the United States, the European Community, Japan and Canada agreed to what US Trade Representative Mickey Kantor hailed as the
    679 words
  • Article
    Lock icon Clinton calls for meeting of Asia-Pac heads of govt
    242 1 Reuter TOKYO President Bill Clinton has called for a conference of Asia-Pacific leaders to be held in the US this year, serving notice that the US does not intend to let Japan dominate the world's fastest-growing economic region. The Asia-Pacific Economic
    Reuter  -  242 words
  • Article
    Rotary set to make public offer next week
    336 1  -  By Joseph Rajendran SINGAPORE Rotary Engineering, a civil engineering and construction company, will make an initial public offer of 50 million shares comprising 40 million new shares and 10 million vendor shares next week. The shares, which will be listed on the
    336 words
  • Article, Illustration
    Germany edges out Japan as No 1 in product quality: survey
    355 1  -  By Ven Sreenivasan SINGAPORE Japan's reputation for its quality products is slipping. In a Far Eastern Economic Review (FEER) survey of 3,000 of its subscribers from 10 Asian countries, Germany edged Japan out of the top spot for quality.
    355 words
  • Article
    Condo managers appeal gainst Farrer Rd flyover
    368 1  -  By Sylvia Wong SINGAPORE The management corporations of several 'condominium projects near the junction of Holland and Farrer roads have asked the government to reconsider its plan to build a flyover there because of the impact on their properties' value. The Ministry of
    368 words
  • Article
    Lock icon Factories flee Shenzhen in face of rising costs and red tape
    454 1 AP, AFP, Bloomberg Business News BEIJING Factories are making a dramatic exodus from the southern Chinese boom town of Shenzhen because of rising costs and bureaucratic red tape, an official newspaper reported yesterday. Nearly 40 per cent of large
    AP,; AFP,; Bloomberg Business News  -  454 words
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      175 1 Burberrys fmfcr j/ Reigns when it pours xxxn*tfnxxxxxxxxxxxxxxxxxxxnx CONTENTS S pore News 2 S'poftWsia 9.10 Regional News 3.4.6 Financial 11.12 WoftdNews 8 Feitares Markets Analysis 2b Clob/RLSt. S£S 17.18 Editorial 24 Regional IS Sports 19 World 16 TV/litetyte 21 Currencies 12 Innovation 22 Stmex Commo ...13.14 Subscription Tel Fa> *****75
      175 words
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      8 1 Innovation Technology: Pg 22 An intelligent security system
      8 words
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      23 1 Hock Lock Siew: pg 9 Li -Ka-shing-Citic's joint bid Editorial: A welcom# breakthrough, Pg 24 Summit off to a lively start, Back Pg
      23 words
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      60 1 The Bottom Line: Back Pg At last G-7 focuses ojfciptilesmes^ The Law Page: How to protect your inventions and ideas, Pg 23 B J&, omwL &S& j-j^m ?S < V OffiOAiTtm* Jc 4, seikoMM JVwwr- 5, Mr scno ouwt;«ailm s-,r "'«'•*"">' S«*w Cmw \ji« THQNB SA 00 ,S) PTe LTD
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      22 1 H I lm g I TSy*3« Civil servants protest against order to b«y bonds, Page 4 Yuan gains further ground. Back Page
      22 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Non-oil exports to Germany down
        307 2  -  By Schutz Lee THE RECESSION in Germany has begun to filter through to Singapore. After months of expansion sinee last August with growth'hitting 34.2 per cent in Deeember and 50.2 per eent in February the value of non-oil domestic exports to Germany shrank 1.6 per
        Source: Dept of Statistics  -  307 words
    • Article, Illustration
      New IBM chief draws up 9-mth plan to revitalise firm
      474 2  -  Four key business areas will also be dismantled By Joseph Rajendran IBM SINGAPORE, the biggest player in the Republic's computer market, is undergoing substantial changes with a new man at the helm. K B Low, 54, who just finished his
      474 words
    • Article
      Now S'pore can call you on your handphone in Japan
      197 2 SINGAPORE Telecom has signed an agreement with Nippon Idou Tsushin Corporation (IDO) to provide a mobile phone service in Tokyo and Nagoya. To use the Mobile Service Link, a subscriber will have to inform Telecom of the dates on which
      197 words
    • Article
      Cdre Teo: R&D culture needed for us to be more than production centre
      254 2  -  By Claire Leow RESEARCH institutes have a key role to play in nurturing an R&D culture in Singapore. says the Minister of State for Finance and Communications. Cdre Teo Chee Hean. Developing such a culture as quickly
      254 words
    • Article
      Two research centres for $41m
      99 2 THE National Science and Technology Board has set up two research centres at a cost of $41 million. They are the National Supercomputing Research Centre (NSRC) and the Centre for Remote Imaging. Sensing and Processing (Crisp). The NSRC promotes the use of advanced computational technology
      99 words
    • Article
      S'pore offered bigger 77 sq km site in Shandong
      392 2  -  From Yong Pow Ang in YANTAI, China AUTHORITIES in Yantai have offered Singapore a much larger 77 sq km site compared to an original offer of six sq km for the development of a Singapore-style industrial township. The move by Yantai,
      392 words
    • NEWS ROUNDUP
      • Article
        New handbook on gas safety
        65 2 THE Public Utilities Board has distributed its Handbook on Procedures and Requirements for Gas Supply to consultants and licensed gas workers. The handbook, also available to the public, explains rev ised procedures and practices to enhance safety of gas supply projects. These revisions were made
        65 words
      • Article
        Thai investment seminar next week
        76 2 A SEMINAR on "A New Era of Investment Promotion in Thailand" will be held at the Marina Mandarin on July 14. The half-day event was organised by the Trade Development Board, the Board of Investment of Thailand, the Thai embassy in Singapore. Singapore Manufacturers' Association
        76 words
      • Article
        Another real-time news service
        88 2 INTERNATIONAL news and information organisation Reuters Holdings pic will launch a screen-based business serv ice for South Asia today. The real-time news service will be delivered via satellite to computer screens in banks and business offices in India. Pakistan. Sri Lanka. Bangladesh. Nepal and Afghanistan. The
        88 words
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      Page 2 Advertisements Column 1
      73 2 Protect Your Computer Investment. Buy An Epson. EPSON Includes deluxe accommodation, full American Breakfast, free shuttle service to World Trade Centre, 24 hour hutler service, complimentary newspapers and in-house movies plus full use of the Beaufort Sports Centre. Isn t it ahout time you-spent a few days with us? per/person
      73 words
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      91 2 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Businesslimgs >#7/ y T»f\ At> A 1H 1 j M Only ALR gives J a 3 year warranty J on every PC (inclusive of hard-disk) we sell, Hb fl J 1 with the first year on
      91 words
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  • THE REGION
    • Article
      Jakarta to launch pilot project for major foreign exporters
      519 3  -  Reports by Maggie Ford in JAKARTA INDONESIA is to launch a pilot project for major foreign companies which export products from the country to cut customs delays, and improve efficiency and competitiveness. The scheme, similar to the licensed manufacturing warehouses (LMW)
      519 words
    • Article
      Indonesian govt officials concerned over surge in smuggling
      401 3 INDONESIAN government officials are becoming increasingly concerned about increases in illegal imports following a sharp rise in complaints from foreign investors about unauthorised competition in the domestic market. Officials estimate that more than US$l billion (S$ 1.62 billion) in tariff revenues have
      401 words
    • Article, Illustration
      Lock icon Rites of faith
      49 3 Reuter BANGKOK Thirteen-year-old Satawas Songvichitkul grimacing as his head is shaved during preparations for a Buddhist ordination at a temple in Bangkok yesterday. Satawas was one of about 200 hill-tribe youths to join the annual mass ordination organised by the Office of the Public Welfare. Reuter
      Reuter  -  49 words
    • Article
      Lock icon Phnom Penh govt accuses Thais of helping Khmer Rouge seize temple
      256 3 AP PHNOM PENH Thai troops helped Communist Khmer Rouge guerillas sei/c a historic temple on Cambodia's frontier with Thailand early yesterday, a government spokesman claimed. Spokesman Khicu Kanharith said his government would demand a meeting with Thailand's ambassador to
      AP  -  256 words
    • Article
      Lock icon Perak in M$10m deal with Aussie firm
      272 3 Bernama IPOH The State Agriculture Development Corporation (SADC) has teamed up with a Perth-based Australian firm in a MS 10 million (556.3 million) joint venture deal to import and export sheep, beef and vegetables, particularly those not grown in Malaysia. Announcing this yesterday.
      Bernama  -  272 words
    • Article
      Lock icon Manila sticks to 3.5pc growth target
      269 3 AFP MANILA Philippine officials have refused to scalc down their growth target of 3.5 per ccnt this year despite a severe power shortage and a dismal showing in the first quarter. Economic Planning Secretary Ciclito Habito said yesterday that the government was still awaiting
      AFP  -  269 words
    • Article
      Lock icon Australia planning A$3b joint venture to build patrol boats
      429 3 AFP SYDNEY Canberra is negotiating with Malaysia a As 3 billion (553.2 billion) plan to jointly build 39 naval patrol boats for the two countries in what would be Australia's biggest defence venture in Asia. Officials said yesterday that the vessels
      AFP  -  429 words
    • Article, Illustration
      Asean Foreign Ministers' meeting to focus on regional security forum
      365 3  -  From Maggie Ford in JAKARTA MAJOR progress on setting up a regional security forum is expected at the Asean Foreign Ministers' meeting in Singapore at the end of" this month. Ajit Singh, secretary-gener-al of Asean. told the Jakarta Foreign Correspondents'
      365 words
    • Article
      Lock icon Thai coalition partner threatens to pull out over seized assets of leader
      292 3 Reuter BANGKOK A junior member of Prime Minister Chuan Leekpai's coalition threatened yesterday to pull out of the government if it did not return assets of its leader seized by the military two years ago. Montree Pongpanich. leader
      Reuter  -  292 words
    • ASIA NOTES
      • Article
        Lock icon Beijing rejects IMF ranking
        107 4 Reuter BEIJING China played up its status as a low-income developing country yesterday, rejecting its ranking by the International Monetary' Fund (IMF) as the third biggest economy in the world. Under the new system, which compares purchasing power in each country, China shot up the rankings
        Reuter  -  107 words
      • Article
        Lock icon EC probes imports of watch parts
        72 4 Reuter BRUSSELS The European Commission is investigating whether watch parts from Malaysia and Thailand are being dumped at unfairly low prices in the European Community. The Commission, which can impose duties on the imports on the grounds of unfair pricing, said yesterday the inquiry
        Reuter  -  72 words
      • Article
        Lock icon Indon officials' rehabilitation
        105 4 AFP JAKARTA Indonesia is continuing its slow rehabilitation of a group of former officials held in disgrace after criticising President Suharto more than a decade ago by inviting them to visit a state aircraft plant. Outspoken former Jakarta governor Ali Sadikin. a leading figure in the dissident
        AFP  -  105 words
      • Article
        Lock icon Tokyo office rents most expensive
        108 4 Reuter TOKYO Tokyo's office rents were the highest in the world in a 1992 survey, but second to London's if such other costs as taxes and management fees were included, Japan's Economic Planning Agency said yesterday. Japan's trading partners have complained that the high rents
        Reuter  -  108 words
      • Article
        Lock icon Vietnam gets Swiss credit
        62 4 Reuter HANOI Switzerland has granted Vietnam a mixed credit of 40 million Swiss francs as balance of payments support and signed a trade and economic cooperation accord. Swiss embassy officials said yesterday that the pacts were signed by Swiss trade negotiator Nicolas Imboden, leading a Swiss
        Reuter  -  62 words
      • Article
        Lock icon Seoul queries defence minister
        66 4 Reuter SEOUL South Korea's anti-corruption squad said yesterday that it had questioned Defence Minister Kwon Young Hae in connection with a military purchasing probe. "Three auditors visited the defence ministry yesterday and investigated Minister Kwon about whether he had committed any wrongdoing," a spokesman of the
        Reuter  -  66 words
      • Article
        Lock icon NZ poll sparks election rumour
        100 4 Reuter WELLINGTON Publication of an opinion poll showing New Zealand's ruling National Party ahead of the Labour Party opposition has sparked speculation that Prime Minister Jim Bolger might call a snap election, although party officials say a November poll date is more likely. The Heylen
        Reuter  -  100 words
    • Article
      Lock icon China's civil servants protest against order to buy bonds
      591 4 AFP, Reuter BEIJING Chinese civil servants are protesting against being forced to buy bonds as the government rushes to meet a July 15 deadline to subscribe a badly undersold 30 billion yuan (SSB.4 billion) issue. As part of an economic rectification.
      AFP,; Reuter  -  591 words
    • Article, Illustration
      Lock icon They're against Yeltsin's visit
      40 4 Reuter lOKYO Japanese protesters in masks and helmets are flanked by police (left) as they demonstrated yesterday against Russian President Boris Yeltsin's scheduled visit to Tokyo for a meeting with the Group of Seven leaders. Reuter
      Reuter  -  40 words
    • Article
      Lock icon Miyazawa's political support crumbles as he hosts G-7
      141 4 Reuter TOKYO While Japanese Prime Minister Kiichi Mivazawa basked in the limelight of the Group of Seven (G-7) summit yesterday, his political support was crumbling just before a general election on July 18. New disclosures yesterday suggested widespread bribery of officials by
      Reuter  -  141 words
    • Article
      Lock icon S Korea seeks US clarification of military strategy
      205 4 Reuter SEOUL South Korea fears that a new United States military strategy may weaken Seoul's resilience to North Korea and has asked Washington to clarify its policy. Seoul's envoy to Washington said yesterday that South Korea, which guards its North Korean frontier
      Reuter  -  205 words
    • Article
      Arthur Andersen to beef up offices in Shanghai, Shenzhen
      306 4  -  By I Kooi Cho Teng SINGAPORE Arthur Andersen. one of the leading privatisation eonsultants for Chinese companies, will be beefing up its offices in Shanghai and Shenzhen with at least a third more stafT. Managing partner of Arthur Andersen's Shanghai office.
      306 words
    • Article
      Lock icon HK democracy activists demand fully-elected legislature by 1995
      369 4 AFP HONGKONG Prominent Hongkong democracy activists united yesterday to demand that all 60 seats in the Legislative Council be directly elected in 1995, two years before the colony reverts to Chinese sovereignty. The call, made on the eve of a visit to
      AFP  -  369 words
    • Article
      Lock icon Inflation may thwart Seoul's economic reform plan
      301 4 Reuter SEOUL Inflation has been branded Public Enemy Number One in South Korea's fiveyear economic reform plan, launched last week to boost the nation's status to the ranks of the major industrial powers. "Inflationary pressure is mounting. This will pose the most serious
      Reuter  -  301 words
    • Article
      Lock icon Political battle triggers economic crisis in Pakistan
      248 4 AFP KARACHI A triangular power struggle between the president, the prime minister and opposition parties, and the resultant political instability, has brought Pakistan to the brink of an economic crisis. Foreign investors, attracted earlier by the market-friendly policies of reformist Prime Minister Nawaz
      AFP  -  248 words
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      Page 3 Advertisements Column 1
      171 3 I a. TTt r«rJ IMHMH Yattoatahbouaan: appro* VaV |t Melbourne University 250 m 7.ZiE Royal Melbourne Institute 1 of Technology 200 m n iWWT"" ZSHI Victoria Market 100 m c ntf al Business District 250 m cji rlB 7ji£Lygon st. cates a |la H tR nrl UtjfS9oflpB(j|restaurants 200 m BirM
      171 words
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      152 4 THts advertisement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for bonds. July 1993 ISEKI AB Svensk Exportkredit (Swedish Export Credit Corporation) (Incorporated in the Kingdom of Sweden with limited liability) U.S. $200,000,000 4.75 per cent. Bonds 1996 Issue price:
      152 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Prices of property in Hanoi going through the roof
      859 6 Vietnam's economic take-off IHT HANOI Once sleepy, communist Hanoi is abuzz with deal-making amid a renovation and property boom in which prices paid by foreign companies for prime office and residential locations rival those of Hongkong and New York. "There's a
      IHT  -  859 words
    • Article
      Clinton's stand costing US firms opportunities
      478 6  -  From Leon Hadar in WASHINGTON BEFORE he left for his Asian trip. President Bill Clinton decided to drop US opposition to a package of international loans for Vietnam. The decision left everyone unhappy. He said he was sending a delegation, including Deputy Veterans Affairs
      478 words
    • Article, Illustration
      Lock icon An English publication that's making news
      429 6 IHT HANOI Making a pit stop in the race to develop Asia as a media market, a team of lawyers from Rupert Murdoch's News Corp will make a return visit this month to the Hanoimoi printing house. There, on the third floor, under the
      IHT  -  429 words
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      116 6 COMMERCIAL LAI A Ripe Investment Opportunity yf Y Growing Suburb 7 n Wangsa Maju Town Centre a suburban township with an immediate captive population of over 00,000 only 8 km from KL City Centre. Sale by Bid of 1 to 5-acre parcels. BIDS to be |5w SEALED and submitted by
      116 words
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      101 6 This announcement appears as a matter of record only GOVERNMENPot MALAYSIA SWISS FRANC 102 MILLION TERM FACILITY Structured and Arranged by: CARR INDOSUEZ ASIA LIMITED Funds Provided By: The Bank of Tokyo, Ltd BBMB International Bank (L) Ltd Credit Suisse D&C Bank (L) Limited The Fuji Bank, Limited The Hong
      101 words
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      908 7 It's what you can do with your money after you invest that makes a UOB Life Guaranteed Endowment Plan so sweet. There's an eager buzz flying through financial circles and it's all bccause of an extraordinary new investment product from UOB Life the UOB Life Guaranteed Endowment Plan Life Guaranteed
      908 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Lagos orders troops to quell protests
        85 8 Reuter LAGOS Troops were ordered on to the streets of Lagos to quell violent protests after the military government's decision to scrap June's presidential election. The order followed a warning from Chief of Defence Staff General Sani Abacha to the civilian governor of Lagos
        Reuter  -  85 words
      • Article
        Lock icon Major is UK's most unpopular PM
        82 8 AP LONDON Only 14 per cent of voters believe John Major is doing a good job making him the most unpopular prime minister in polling records. A survey by independent polling organisation ICM, published in The Guardian yesterday, shows 54 per cent believe Mr
        AP  -  82 words
      • Article, Illustration
        Lock icon Closing in on Buckingham Palace
        52 8 Reuter LONDON Anti-nuclear demonstrators talking to reporters outside Buckingham Palace on Tuesday. They were part of a 15-strong group which scaled the palace walls on Tuesday morning and said to have got within about 20 metres of the building. They were protesting against nuclear explosions
        Reuter  -  52 words
      • Article
        Lock icon Politicians seek facts on shootout
        110 8 Reuter BONN German politicians, fed up with confusion over a police gunbattle with a suspected guerilla, yesterday urged justice officials to clear up the facts of a case that is embarrassing the government. Government and Opposition Members of Parliament demanded a coherent account instead of
        Reuter  -  110 words
      • Article
        Lock icon France halts N-fuel supply to India
        54 8 Reuter PARIS France yesterday confirmed that it had stopped supplying nuclear fuel to India and said it would await a full inspection of installations by the International Atomic Energy Agency before deciding whether to resume. India has so far refused to submit to a
        Reuter  -  54 words
    • Article
      Lock icon Kohl optimistic about German economic recovery
      583 8 Interest rate cut and report of higher orders raise economists' hopes IHT FRANKFURT Chancellor Helmut Kohl, buoyed by the latest Bundesbank cut in interest rates and a new, encouraging economic report, on Tuesday joined a growing chorus of voices serenading a German recovery. "There
      IHT  -  583 words
    • Article
      Lock icon EC strives to conclude plan to revamp ailing steel industry
      480 8 AP BRUSSELS The European Community is striving to overcome resistance to a plan to revamp its ailing steel industry that could cost up to 100,000 jobs. Officials said yesterday that with the 12-nation EC facing its worst economic slump in
      AP  -  480 words
    • Article
      Lock icon Signs of Russian stability outweigh economic gloom
      641 8 Reuter MOSCOW Eighteen months after Russia launched its drive towards a market economy, signs of stabilisation are beginning to overshadow the pointers to doom and gloom. But economists and Western diplomats temper their optimism with warnings that reforms could yet lurch off track.
      Reuter  -  641 words
    • Article
      Zimbabwe delegation in S'pore to woo investors
      359 8  -  By Nirmal Ghosh SINGAPORE The re-source-rich south African country of Zimbabwe is joining the race for foreign investment, its Minister for Industry and Commerce told Business Times during a visit to Singapore this week. C M Ushewokunze, who led a delegation of 21
      359 words
    • Article
      Lock icon US$300m Kuwaiti slush fund used to buy votes in UN: report
      279 8 AP LONDON The Kuwait Investment Office was accuscd of spending millions of dollars in late 1990 to influence countries that eventually helped force Iraqi troops out of the oil-rich emirate, the Financial Times reported yesterday. Some of the money,
      AP  -  279 words
    • Article, Illustration
      Lock icon Resting safely in a power plant
      58 8 Reuter KAKAMJ, Bosnia A father and his two young daughters resting next to a huge pipe in a power plant here on Tuesday. They are among 700 Bosnian Croat refugees who have been housed in the plant after fighting between Croats and Muslims forced
      Reuter  -  58 words
    • Article
      Lock icon US faces moderate growth, little improvement in employment
      394 8 AFP. UPI WASHINGTON The United States economic growth will be modest in the next year and few new jobs will be created, experts told the Wall Street Journal for its quarterly study of the US financial situation. The newspaper tallied the predictions
      AFP.; UPI  -  394 words
    • Article
      Lock icon US warns Iraq of consequences of ignoring UN order
      364 8 UPI. AFP WASHINGTON The United States said on Tuesday that Iraq would suffer "serious consequences" if it did not comply with a United Nations order to install a monitoring camera at a missile testing site. Iraq responded yesterday by saying it
      UPI.; AFP  -  364 words
    • Article
      Lock icon US, Russia fail to end row over India rocket sale
      333 8 Reuter TOKYO The United States and Russia have failed in new talks to settle a dispute over Moscow's sale of missile technology to India and US President Bill Clinton will press the issue with Russian President Boris Yeltsin, US officials
      Reuter  -  333 words
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  • COMPANIES & MARKETS
    • Article
      DBS Land, two HK firms in tie-up to build Beijing complex
      386 9  -  By Lilian Ang SINGAPORE DBS Land and two Hongkong partners yesterday signed a memorandum of understanding with the Beijing Xing Li Real Estate Development Company to build a mixed development complex in the Chinese capital. The project, possibly DBS
      386 words
    • Article, Illustration
      DBS Land to manage 3 Sarawak property projects
      173 9 SINGAPORE DBS Land has moved into Sarawak with the appointment of DBS Property Services as project manager for three developments there. In its quarterly newsletter, Landviews, the listed property group said the Sarawak Eco- nomic Development Corp (SEDC) has appointed it to
      173 words
    • Article
      China state firm buys 15pc stake in HTP Holdings
      425 9  -  By Joyce Quek SINGAPORE A China state-owned enterprise has emerged as a substantial shareholder of cash-rich HTP Holdings. China Everbright Holdings said in a statement yesterday that a 15 per cent stake was bought recently. The 25 million shares are believed
      425 words
    • Article
      Inter-Roller to subscribe for Refine Tech shares
      104 9 SINGAPORE Inter-Roller Engineering Ltd (Irel) has agreed to subscribe for 820,000 new shares in Refine Technology Pte Ltd (RTPL) at the par value of 1 each. The $820,000 cash deal will give Irel an 82 per cent interest in RTPL and increase the
      104 words
    • Article
      Is the joint bid by Li Ka-shing and Citic for Miramar Hotel a general offer?
      773 9  -  HOCK LOCK SIEW By Stephen Vines HONGKONG It's a formidable partnership Li Ka-shing, Hongkong's richest businessman, joining forces with China-controlled Citic Pacific, the most politically influential outfit in town. So formidable that they seem to
      773 words
    • Article
      QAF to raise $62m through 1-for-5 rights issue
      257 9  -  By Paul Leo SINGAPORE Food Group QAF Limited yesterday announced a proposal to raise $62 million through a one-for-five rights issue of loan stock with warrants. The five-year loan stocks will be priced at the face value of 1 each and will
      257 words
    • Article
      Rapid expansion will position CK Tang for the future: MD
      474 9  -  By Sylvia Wong SINGAPORE Retailer CK Tang, which will expand its store space by 50 per cent in the next two years, aims to "seize the moment in a tough market". Group managing director Tang Wee Sung said yesterday that
      474 words
    • Article, Illustration
      Lock icon SUMMARY
      375 9 Source: Bridge Info Performance of Sill's Index stocks Jul 7 Last Stmc lain Stack ult Chfc factor aoirn <$) (J) A»imo 2 090 -0 030 164 2 58 At 7 050 0 ISO 5.53 -12 88 Ccrrtos 5 350 4 20 FAN 12 600 9 89 OF A»ia 2
      Source: Bridge Info  -  375 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Carrian trial put off to September
          81 10 AFP HONGKONG The fraud and corruption trial of former Carrian group chairman George Tan has been put off to September after government prosecutors asked yesterday for more time to collect evidence overseas. Tan, who has entered no plea, is charged with defrauding Bumiputra Malaysia
          AFP  -  81 words
        • Article
          Lock icon Tsingtao issue 111.5 times subscribed
          73 10 Reuter HONGKONG Tsingtao Brewery Co said its initial public share offer in Hongkong has been 111.5 times subscribed. The first Chinese state-owned enterprise to seek a listing here said a total of HKSBS.IB billion (S$ 17.80 billion) was received from the public application. However, market
          Reuter  -  73 words
        • Article
          Lock icon Taiping considering project proposals
          75 10 Bernama KUALA LUMPUR Taiping Consolidated Bhd, the plantation group turned property developer, is currently considering three to four proposals put forward to it. Taiping Consolidated managing director Michael Cheah said the proposals being evaluated were primarily commercial and mixed development projects. The projects put forward were
          Bernama  -  75 words
        • Article
          Lock icon Bridgestone to build second Thai plant
          96 10 Bloomberg Business News TOKYO Japanese tyre-maker Bridgestone Corp will begin construction of a second manufacturing plant in Thailand at the end of the year, the company announced yesterday in a press release. The 12 billion yen (SSI79 million) plant would be built in conjunction
          Bloomberg Business News  -  96 words
        • Article
          Lock icon Taiwan Aerospace chief offers to quit
          100 10 AFP TAIPEI The chairman of the Taiwan Aerospace Corp (TAC), which has initialled a multi-million-dollar joint venture deal with British Aerospace has offered to resign, officials said yesterday. TAC chairman Earle Ho had asked to resign his post, citing poor health, Vice-Economics Minister Yang
          AFP  -  100 words
      • Article
        IPC acquires 50pc stake in its French distributor
        294 10  -  By Joseph Rajendran SINGAPORE Computer maker IPC Corp has reinforced its strong presence in France further by buying half of the French distributor for its products. The 25-million-French-franc (Ss7 million) deal gives the local company 5,000 shares or a 50 per cent
        294 words
      • Article
        Lock icon Indonesia's Barito plans US$200m share sale
        210 10 Reuter JAKARTA PT Barito Pacific Timber, one of Indonesia's largest timber-related firms, plans to sell US$2OO million (***** million) worth of shares in a long-delayed listing on the Jakarta Stock Exchange. Company executives, announcing the listing, said the sale was equivalent to about 13
        Reuter  -  210 words
      • Article
        UNIT TRUSTS & FUNDS
        502 10 UNIT TRUSTS FUNDS ——»'prti<i) jui 7 hwrww F—< Singapore Unit Trust income Bond policy 3.26 3.38 The Commerce 1.33 140 Pllldntlll The Savings Fund 1 20 I 26 ProLink Mgd Fund 1.14 1 20 S pore Prat Fund 0 56 0 59 H1B S pore Sec Fund 0.88 0 92
        502 words
      • Article
        HSBC snatches top placing from Hongkong Telecoms
        1002 10  -  Top 50 HK companies by market cap From Stephen Vines in HONGKONG HONGKONG Telecommunications, controlled by Britain's Cable Wireless group, has finally been displaced as the biggest company in the colony. The new leader of the Hong Kong Stock Exchange's market capitalisation ladder
        1,002 words
      • Article
        Lock icon Cable & Wireless unit to start in-flight phone service
        311 10 Cable Wireless unit to start in-flight phone service FT LONDON Mercury Communications, a subsidiary of the UK's Cable and Wireless group, plans to launch what it claims is Europe's first "air-to-ground" telephone service later this year. If the service is taken up by airlines, it will ofTer air travellers telephone,
        FT  -  311 words
      • Article
        Lock icon Citic Australia to aim for big growth next year
        291 10 Reuter MELBOURNE The Australian arm of China's stateowned China International Trust and Investment Corp (Citic) said yesterday it aims to become the fastest-growing part of the group by doubling assets in the next year. Citic Australia managing director Zhang Jijing said
        Reuter  -  291 words
      • Article
        Lock icon Apple to shed 2,500 jobs and embark on revamp
        394 10 FT SAN FRANCISCO Apple Computer, which last month appointed a new chief executive, said on Tuesday that it plans to cut 2,500 jobs, reducing its workforce by more than 15 per cent. It intends to cany out a broad restructuring over
        FT  -  394 words
      • Article, Illustration
        Lock icon KL securities body says it will do more than reprimand
        458 10 Bernama KUALA LUMPUR Securities Commission chairman Munir Majid yesterday said it is wrong to assume that the commission will only go as far as reprimanding companies which have flouted regulations. Such assumptions were not well placed and there were provisions
        Bernama  -  458 words
      • Article
        Lock icon Be responsible for your actions, speculators told
        192 10 Bernama KUALA LUMPUR Speculators arast be responsible far their actions and sot Mae other» when they saAer excessive tones n the stock exchange. Securities Coramissioa chairmaa Munir MajM said yesterday. He said that while people were qakk to Mum the uuthsrities for aot
        Bernama  -  192 words
      • Article
        Untitled
        840 10 fiimii Ex Mu Pay Mc dose dale Alex Hides $0* b 6 Aug 31 Sep 6 Sep 28 Amcol 25* F 20 Jul 13 Jul 19 Aug 16 Apollo F 2.S Jun 21 Jun 23 Jul IS Asm Pacific I UN Jul 8 Jul 20 Jul 26 Am Pac Ld
        840 words
    • FINANCE
      • Article
        Lock icon Leading economists expect cut in UK interest rates in next six months
        468 11 Reuter LONDON Britain's Chancellor of the Exchequer Kenneth Clarke will order a cut in interest rates in the second half of 1993, a Reuter poll of 20 leading economists in London's financial district suggests. The poll showed 75
        Reuter  -  468 words
      • Article
        Lock icon Fed policy makers not likely to raise interest rates until end of the year
        491 11 AP WASHINGTON Federal Reserve policy makers once keen to hike interest rates probably will hold ofT in the face of new evidence that economic growth paused in June, analysts say. The Fed's key policy making group,
        AP  -  491 words
      • Article
        Lock icon World Bank lending hits record US$23.7b
        176 11 AP WASHINGTON Lending by the World Bank hit a record U5523.7 billion (5538.4 billion) in the fiscal year ended June 30, including US$3.B billion to eastern Europe and eight former Soviet republics, the bank announced on Tuesday. In the previous fiscal year the bank
        AP  -  176 words
      • SMALL CHANGE
        • Article
          Lock icon Bomb bill put at £400-600 million
          133 11 Reuter LONDON London's financial district suffered insured damage of £400-600 million (SS97O millon-SS 1.2 billion) in the April 24 Bishopsgate bomb which killed one and injured more than 40, most insurance experts and surveyors say. The latest estimates of damage to the City, which
          Reuter  -  133 words
        • Article
          Lock icon BankAmerica eyes N China branch
          88 11 Reuter GUANGZHOU Bank of America, the banking arm of BankAmerica Corp, is interested in opening a branch in northern China, chief executive Richard Rosenberg said. "At the appropriate time, we would be very interested in a full service branch in the northern part of China,"
          Reuter  -  88 words
        • Article
          ABN/Amro buys Cragin for US$500m
          91 11 CHICAGO ABN/Amro North America Inc. already one of the largest lenders to businesses in Chicago, became this city's second-largest retail bank company with the signing on Tuesday of a definitive agreement to buy Cragin Financial Corp. ABN/Amro. a subsidiary of ABN-Amro Holding N V of
          91 words
        • Article
          Lock icon Five banks told to re-verify scrip
          81 11 Reuter KARACHI The Karachi Stock Exchange has asked five banks to re-verify share certificates and shareholders' signatures on transfer deeds, an official said. He gave no details but one dealer said the request followed reports of duplicate and fake share certificates and transfer deeds
          Reuter  -  81 words
        • Article
          Lock icon US$3.9m training plan for bankers
          77 11 AF MOSCOW A two-year, US$3.B9 million programme to train more than 600 bankers in the former Soviet Central Asian republics on the basics of a market economy was announced on Tuesday by the European Community. The European Community's technical assistance programme for the Commonwealth of
          AF  -  77 words
      • Article
        Lock icon Fed urged to stop leaks to press
        179 11 Knight-Ridder WASHINGTON Calling news leaks a potential cause of "instability in financial markets," the chairman of the House Banking Committee on Tuesday urged Federal Reserve Chairman Alan Greenspan to prevent premature disclosure of Fed policy-making decisions. Henry Gonzalez asked Mr Greenspan in a
        Knight-Ridder  -  179 words
      • Article, Illustration
        Lock icon Tax-free payoff for departing EBRD president
        285 11 FT LONDON Jacques Attali. who is resigning as president of the European Bank for Reconstruction and Development, is likely to receive a tax-free payoff of more than U*****.500 (*****.1 (X)). Mrs Anne Wibble. chairman of the bank's governors who was in London yesterday to
        FT  -  285 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        123 11 RUMOURS of a further discount rate cut in Tokyo and the impending outcome of the ongoing G-7 meeting fuelled volatile swings in the currencies market yesterday especially the Yen. The US$/S$ market opened at the day's high of 1.6255/60 and continued to drift lower throughout
        123 words
      • Article
        Lock icon London
        195 11 Reuter LONDON A rising yen shone in an otherwise dull European currency trading session yesterday dominated by comment and counter-comment from officials at the Group of Seven industrial nations summit in Tokyo. A Japanese government official gave the yen an early boost when he said the pain threshold for
        Reuter  -  195 words
      • Article
        Lock icon Developing countries' capital inflow hit record US$176b : OECD
        300 11 Developing countries' capital inflow hit record US$176b OECD Reuter PARIS Financial flows to developing countries jumped 23 per cent in 1992 to a record US$l76 billion (*****.8 billion) as a result of an explosion in bank lending, the Organisation for Economic Cooperation and Development said on Tuesday. With direct investment
        Reuter  -  300 words
      • Article
        Lock icon New York
        94 11 AFP NEW YORK The dollar slid early here yesterday against key currencies except sterling in quiet trading. At 1330 GMT, the greenback was trading at 1.6990 German marks, against 1.703S Tuesday, 107.20 yen (108.75), 5.7440 French francs (5.7620) and at 1.5070 Swiss francs (1.5130). The dollar edged up
        AFP  -  94 words
      • Article, Illustration
        Untitled
        1583 11 linJf infhhxl inji x lakukunl a*ain\l Spare\ top 14 irading partner* Base year HM.< US$/S$ forward rates Noon July 7 ss BU Oder 1-month 162J* 1.6253 2-monlh 1.6238 ***** J-month 1 6238 1.6253 6-month 1.6227 1.6247 Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltaa My 7 Singapore dollars to
        1,583 words
      • Article, Illustration
        Lock icon Trade official urges Manila to cut rates and lower peso
        330 12 Reuter MANILA Philippine exports have a better chance of competing if interest rates are cut further and the local currency eases against the dollar. Trade and Industry Undersecretary Tomas Alcantara said. He said exports, a key element in the government's
        Reuter  -  330 words
      • Article
        Lock icon NZ banks not as profitable but asset quality up
        258 12 Reuter WELLINGTON Bank profitability declined slightly in New Zealand in 1992 but asset quality improved, the Reserve Bank of New Zealand (RBNZ) said in its June bulletin. The RBNZ said lending to the non-bank private sector rose by 7 per cent
        Reuter  -  258 words
      • Article
        Lock icon Analysts welcome Commerzbank's group profit rise
        470 12 Reuter FRANKFURT Commerzbank AG did quite well in managing to boost group operating profit by some 15 per cent in the first five 1993 months given tough economic conditions, especially in Germany, analysts said. "In the last two years Commerzbank had shown very good
        Reuter  -  470 words
      • Article
        Lock icon HK Futures Exchange may offer new forex contract with options
        282 12 South China Morning Post HONGKONG The Hongkong Futures Exchange is considering a foreign exchange contract with options as its next product. Exchange chief executive Gary Knight says the exchange is studying its alternatives probably a spot contract which will be
        South China Morning Post  -  282 words
      • Article
        Lock icon Open-ended mutual funds get nod in Thailand
        189 12 KnightRidder THAILAND'S Securities and Exchange Commission on Tuesday approved the creation of open-ended mutual funds, spokesman Rapee Sucharitakul said today. The funds, long sought by Thai stock investors, must be capitalised at between SO million and 5 billion baht, Mr Ra- pee said.
        Knight- Ridder  -  189 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Refinery margins drop in S'pore in fine with lower pretroleum prices
        355 13 AFP SINGAPORE Refinery margins have tumbled in Singapore during the past few weeks in line with a collapse in petroleum product prices after hefty gains in the first halfyear, oil industry sources said. The sources said the threat of
        AFP  -  355 words
      • Article
        Lock icon Japan likely to buy more raw sugar from the Philippines
        355 13 Knight-Ridder TOKYO Japan is seen likely to buy about 300,000 tonnes, or possibly more, of raw sugar from the Philippines in 1993-94 (Sep-Aug), more than doubling purchases made so far this year. Excess stocks and prospects for a large cro£
        Knight-Ridder  -  355 words
      • Article
        Lock icon New refineries in Malaysia won't get tax breaks
        147 13 Knight-Ridder KUALA LUMPUR Malaysia will stop giving tax incentives to firms applying to start new petroleum refining projects in the country, the Malaysian Business Times reported yesterday. Malaysia is becoming self-sufficient in petroleum and will eventually become a net exporter of the
        Knight-Ridder  -  147 words
      • Article, Illustration
        Logjam
        53 13 CLAYOQUOT SOUND, British Columbia MacMillan Bloedel employees look on as a protester blocks a logging truck in Clayoquot Sound, near Tofino, British Columbia, on Tuesday. He and about a dozen people were arrested for blocking a logging road as they protested against the provincial government's decision to allow logging
        53 words
      • Article
        Lock icon Indonesia likely to defer building new oil refineries
        270 13 Reuter KUALA LUMPUR Indonesia is likely to defer plans to build new oil refineries because of a lack of financing and concerns about profit margins, a senior Pertamina official said yesterday. The state oil firm instead plans to expand capacity at its
        Reuter  -  270 words
      • Article
        Oil futures lower as UN-Iraq talks start
        360 13 INIWY nlrQnT LONDON Oil futures prices in London and New York were lower yesterday as talks between the UN and Iraq about the possible resumption of Iraqi crude exports started in New York. Iraq had previously rejected the UN's plan to sell US$l.6
        360 words
      • Article
        Lock icon Taiwan to build sugar plant in Vietnam
        162 13 AFP TAIPEI Taiwan's state-run Taiwan Sugar Corp is planning to build a US$6O million (Ss97 million) joint-venture sugar plant in Vietnam. Company spokesman Chen Yu Chang said yesterday: "The Economics Ministry is reviewing the project proposal." He added that several private local firms
        AFP  -  162 words
      • Article
        Lock icon Eurodollars, Euroyen finish weaker
        1480 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended slightly weaker yesterday after their overnight plunge on the IMM on the baek of light bargain hunting interest, traders said. "The market is essentially waiting for any news from the (Federal Open Market Committee) meeting tonight,"
        Reuter  -  1,480 words
      • Article
        KL tin falls to all-time low
        639 14 COMMODITY REPORTS Tin TIN PRICE on the Kuala Lumpur Tin Market shed 20 sen to close at its all-time low of M$ 12.70 per kg on higher offerings yesterday. rhe metal fell to a new all-time low barely a fortnight from its previous low
        639 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Pasminco ships UK zinc to S-E Asia
          124 14 TOKYO A combination of weak European zinc demand and Pasminco Metals' closely balanced sales book is leading the Australian producer to ship metal from its Avonmouth plant in the UK to customers in South-east Asia, company and other sources said. "From time to
          124 words
        • Article
          Shaanxi expects higher grain output
          90 14 HONGKONG This year's harvest of winter grains in China's north-west Shaanxi province is expected to increase by 6 per cent from last year's harvest, the official Xinhua news agency said yes- terday. Total grain output by the end of this summer's harvest is expected to
          90 words
        • Article
          India's MMTC buys nickel
          117 14 NEW DELHI India's Minerals and Metals Trading Corp last week bought 100 tonnes of nickel for July shipment, an industry official said yesterday. The state-run trading company has placed an order for 50 tonnes with a French company, which will supply the metal from New Caledonia.
          117 words
    • Article
      COMMODITY PRICES
      1661 14 Rubber HAS Commodity Exchango (futures closing as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug ***** 133 00 133.00 250 3.000 Sep 0 00 0.00 134.50 0 5.250 Oct 0 00 0 00 135.00 0 7.425 Nov 0 00
      1,661 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1066 15 +8.8 Shares closed higher yesterday as buyers scrambled for gold stocks as world bullion prices held firm after a surge in New York overnight. "Gold pushed the market up at the start and this spread to the industrials," said a Jardine Fleming broker. The gold marker soared 61.9 points
        1,066 words
      • Article
        Taipei
        548 15 -27.04 Taiwan share prices finished moderately lower on profit-tak-ing from the market's 3.6 per cent gain on Tuesday, brokers said. The weighted index opened lower, rose slightly on bargain hunting at mid-morning and then dipped again to close 27.04 points down at 4,020.38. Turnover was higher than in recent
        548 words
      • Article
        New Zealand
        269 15 •5.52 Both the New Zealand share market and its leading share Telecom regrouped from a recent run higher yesterday. The NZSE-40 Capital Index closed down 5.52 at 1,712.34 on volume of NZ$34 million, nearly one third of which was in Telecom shares. "It was a day of consolidation
        269 words
      • Article
        Manila
        570 15 12.99 Manila shares broke through the 1,600-point level, spurred by the strength of blue chip Philippine National Bank (PNB) and expectations of better fundamentals ahead, analysts said. The Manila Composite Index rose 12.99 points and closed at 1,606.50 compared with Tuesday's 1,593.51. Makati climbed 21.28 points to 1,645.37. Gainers
        570 words
      • Article
        Seoul
        442 15 +3.11 Slight advances across the board bolstered by a late bout of institutional support pushed the stock market up to close a little higher in thin trading, brokers said. They said the market would remain featureless today with most investors sitting tight on the fence. "Neither buyers nor sellers
        442 words
      • Article
        Bombay
        44 15 •6.94 Stocks fell further after the close in low volume kerb deals, brokers said. The Bombay Stock Exchange (BSE) index closed at 2.253.36, down 6.94, after falling back on profit-taking from an early high of 2,280.27. The National Index was steady at 1,051.56.
        44 words
    • WORLD STOCK MARKETS
      • Article
        London
        617 15 +0.2 Equity prices closed mixed at yesterday's FTSE 100 Index highs generally in sympathy with gains on Wall Street, which rebounded on technical considerations, dealers said. The FTSE 100 Index closed 0.2 points up at 2,848.3, having touched a low of 2,829.2. The FTSE mid-250 index showed a weaker
        617 words
      • Article
        Paris
        114 15 +8.61 French shares continued to bounce back from last week's heavy losses with growing volume suggesting that buying interest is picking up despite the summer lull. The CAC-40 Index rose 8.61, or 0.44 per cent, at 1,943.73. Volume was moderate at about 2.38 billion francs. Paris Jut? 7 Fr
        114 words
      • Article
        Stockholm
        131 15 +0.72pc Swedish shares closed firmer after a hesitant start, with lower debt market yields and an increasing foreign buying interest providing the upturn. The bank sector had another strong day, and late news of an Ericsson upgrade by Merrill Lynch gave a further boost. The all-share index was up
        131 words
      • Article
        Frankfurt
        152 15 +18.89 The 30-share DAX Index in Frankfurt closed up 18.89 points at 1,719.76. A full report was not available. Fh«IILJ||H4 rramuuri Jrfy 7 DM +A A«I~ 154 70 I 20 ■ASF 240 50 I (0 BMW ***** II W B»y«r 2(1 50 3 70 Beyer Verrimtwnk 429 50 $00
        152 words
      • Article
        Milan
        144 15 1 Italian stocks recovered from a weak start to end higher, led by Fiat SpA and telecommunications stocks, traders said. "We started a bit uncertain, but then the usual themes returned," said a trader at San Paolo. Traders said the buying really only picked up in the last hour
        144 words
      • Article
        Amsterdam
        273 15 +2.34 Dutch shares closed firmer and only a fraction short of their 12-month high after putting on a late spurt in the last two hours of trading. Dealers said the market was buoyed by an overspill of positive sentiment from the German stock market and positive noises from the
        273 words
      • Article
        Brussels
        169 15 +0.66 Belgian shares ended a touch higher after reversing their early losses which were caused by an overnight weakness on Wall Street. Some traders did not exclude some selling pressure today. "Tomorrow is the last day of a splendid market account. I would be surprised if there was no
        169 words
      • Article
        Johannesburg
        312 15 undi Gold shares ended flat on the Johannesburg Stock Exchange after see-sawing for most of the day as gold made an unsuccessful bid to breach the key US$4OO an ounce barrier and heavy profit-taking wiped out early gains. The gold board ended two points up at 2,092 after hitting
        312 words
      • Article
        Toronto
        292 15 -6.12 Stocks weakened slightly in quiet early dealings yesterday with the precious metals and industrial products sectors showing early softness. The TSE 300 Index slipped 7.05 points to 3,977.32 in turnover of 17.72 million shares valued at C 5176.91 million. Declines led advances 235 to 201, with 216 issues
        292 words
      • Article
        New York
        819 15 -34.04 Blue-chip stocks rose yesterday, bolstered by bargain hunters after Tuesday's plunge of more than 34 points in the Dow Jones index. A decline in the Commodity Research Bureau index, an inflation barometer, also buoyed stocks, analysts said. The Dow Jones Industrial Average was up 16.60 points at
        819 words
      • Article
        Zurich
        222 15 •7.81 Swiss shares closed lower in moderately active trade as some players moved funds from Zurich to the Frankfurt share market were potential gains were seen greater. The broad SPI Index fell 7.81 to 1,496.94 and the SMI Index of leading shares shed 17.5 to 2,373.0. Zurich J at)
        222 words
      • Article
        Untitled
        783 15 Britannia Funds Stfrttai Cask Bid Oder Mim Cap Drpont U 6400 31 6500 Mim Jenrv Gill .0.119) ***** Mia Max Income ****** *10)00 USSCMk Income PHn Fund 10 3)00 *****0 PS t Reserve Fund 5.2100 5 2200 iSfeSSS.. .0 4592 0 49M Far ba* Fund *2 7650 *2 97)0 Man
        783 words
    • Article, Illustration
      Lock icon HONGKONG
      3111 16 Reuter HONGKONG Stocks closed lower as mild prof-it-taking emerged in the afternoon to erase early gains yesterday, brokers said. The blue chip Hang Seng Index retreated 27.23 points, or 0.38 per cent, to end the day at 7.141.11. It was up 13 points at the midsession close. "Turnover was
      Reuter; Source: Bridge Info  -  3,111 words
    • Article, Illustration
      CHINA
      493 16 HONGKONG China's B shares for foreign investors fell by 2-3 per cent yesterday, while A shares restricted to Chinese took a breather after big losses on Tuesday. On the Shanghai B bourse, Chlor Alkali slumped 4 per cent under selling pressure after gaining ground earlier this week. The Shenzhen
      493 words
    • Article, Illustration
      Lock icon TOKYO
      2468 16 Reuter TOKYO Stocks ended lower yesterday due to arbitrage unwinding but trading turned relatively active, brokers said. Trading was the heaviest since June 25, prompted by Nikko Securities' aggressive buying to celebrate its 75th anniversary, they said. "Unfortunately, Nikko's active buying was absorbed by selling linked to weaker futures
      Reuter; Source: Bridge Info  -  2,468 words
    • Article, Illustration
      Lock icon BANGKOK
      1752 16 Reuter BANGKOK Thai stocks rose strongly across the board in active trade yesterday, brokers said. The SET Index ended 15.58 points higher at 903.00 on heavy turnover of 10.52 billion baht. During the morning, it hit a high of 903.98 points. Advances led declines by 197 to 69 with
      Reuter; Source: Bridge Info  -  1,752 words
    • Article, Illustration
      Lock icon JAKARTA
      1067 16 Reuter JAKARTA Share prices closed mixed in lacklustre afternoon trade yesterday, brokers said. The official index closed at 360.28. down 0.77 point. "Negative news such as bad debts may have dampened market activity while good news was rare." a dealer with a foreign brokerage said. Brokers said Hadtex edged
      Reuter; Source: Bridge Info  -  1,067 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2551 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE votare KL Industries 6.064.000 Pcgi Msia 4.074.000 FACB 50c 3 888.000 Kcnong Bhd 50c 3.534.000 Promct 3.429.000 kulim Msta 50c 2.344.000 Berjjyi Group 2.248.000 Simc Darby 50c 1.846.000 Hcuat'orpn 50c. 1.836.000 MIJI 1.5*1.000 Lien Hoc 1.438.000 Mm Hyd 50c 1,427.000
      Source: Bridge Info  -  2,551 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares end higher on selective buying
        5281 17 Bernama KUALA LUMPUR Share prices here closed higher yesterday on light bargainhunting after falls in the last two days. The KLSE Composite Index finished up 0.99 of a point at 732.66 but off an intra-day high of 734.11 on some late liquidation of certain
        Bernama; Source: Bridge Info  -  5,281 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Index sheds 16 points on blue-chip selling
        7262 18  -  By Schutz Lee INVESTORS unloading index-linked Singapore blue chips yesterday sent the benchmark Straits Times Industrials Index down by 16.48 points for a 0.9 per cent loss. Dealers said the index eased to 1,802.49 points after Singapore Press Holdings, Nat Steel, Keppel Corporation,
        Source: Bridge Info  -  7,262 words
      • Article, Illustration
        Lock icon Sime Darby Bhd
        71 18  -  Quak Hiang Whai SIME Darby Bhd is again flirting with major resistance at $3. On the monthly chart, the upward trend is intact with three higher bottoms. The monthly RSI is below 50. The MACD appears to signal an upward movement while both daily and weekly RSls
        SOURCE: BRIDGE INFO  -  71 words
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      Page 9 Advertisements Column 1
      158 9 IK Personal Investment and Finance A 4*4% Supplement 93 Wondering where to put your money? Properties or stocks? Singapore or overseas? Keen on gold but not sure how to invest? This year's supplement "Investing around the World" will explore these and more. Other money-making topics include: Stocking up stocks experts
      158 words
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      Page 14 Advertisements Column 1
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      Page 14 Advertisements Column 2
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  • SPORTS
    • Article, Illustration
      Lock icon South African Basson takes early lead in Scottish Open
      489 19 European tour rookie credits his good round to change in his putting grip Golf Reuter GLEN EAGLES, Scotland South African De Wet Basson sliced four shots off par on the last five holes to snatch the early first round lead with
      Reuter  -  489 words
    • Article
      Lock icon Arnold Palmer returns to the course that made him a legend
      444 19 AP DENVER The US Senior Open comes to the "Course That Built Palmer" this week. The Arnold Palmer legend took root at Cherry Hills Country Club in 1960, when the daring young golfer from Latrobe, Pennsylvania, charged from seven
      AP  -  444 words
    • Article
      Lock icon The engineer who turned to caddying
      681 19 NYT PARAMUS, New Jersey Until Pentagon budget cuts crippled the production of Trident submarines, Tom Kingsley worked as a mechanical engineer at the Groton Naval Base in Connecticut, teaching officers how to operate the nuclear reactors that power the subs. Two years ago, his
      NYT  -  681 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Golf
        310 19 AFP AP GLENEAGLES, Scotland Sandy Lyle, slammed last week by European Ryder Cup skipper Bernard Gallacher over his playing schedule this season, hit back here on Tuesday. The Scot has played in just five out of 23 European Tour events so far and plans only four more appearances before
        AFP; AP  -  310 words
      • Article, Illustration
        Lock icon Hockey
        13 19 Reuter KUALA LUMPUR Champions' Trophy preliminary Wednesday: Malaysia 2 Pakistan 2. Reuter
        Reuter  -  13 words
      • Article, Illustration
        Lock icon Cycling
        92 19 AFP DINARD, France Third stage of Tour de France Tuesday, from Vannes to Dinard (189.5 km): 1. Djamolidine Abdoujaparov 4hr 41min 53scc 2. Wilfried Nelissen (Bel) 3. Mario Cipollini (Ita) 4. Johan Capiot (Bel) 5. Laurent Jalabert (Fra). Also: 20. Miguel Indurain (Spn) all same time. Overall: 1. Nelissen
        AFP  -  92 words
      • Article, Illustration
        Lock icon Rugby
        188 19 Reuter Reuter DUNEDIN, New Zealand Dunedin's mayor has sent the Australian world champion team hot water bottles after they decided to avoid this southern city's wintry climate until just before a July 17 match. Coach Bob Dwyer cited the cold and miserable weather as the reason for flying to
        Reuter  -  188 words
      • Article, Illustration
        Lock icon Sumo Wrestling
        59 19 AP NAGOYA, Japan Yokozuna (grand champion) Akcbono won easily, but fellow American Konishiki, an ozeki (champion), suffered his first defeat yesterday, the fourth day of the 15-day Nagoya Grand Sumo Tournament. Tied with Akebono. Japan's first foreign grand champion, at 4-0 were sekiwake (junior champion) Wakanohana. No 10
        AP  -  59 words
      • Article, Illustration
        Lock icon Baseball
        68 19 Reuter NEW YORK National League Tuesday; SF 13 Montreal 5; LA 7 Philadelphia 5; NY 9 San Diego 7; Chicago 3 Cincinnati 2; Pittsburgh 10 Houston 3; Colorado 8 Florida 3; St Louis 5 Atlanta 4. American: Toronto 5 Chicago 1; Texas II Milwaukee 1; Detroit 4 Minnesota I;
        Reuter  -  68 words
      • Article, Illustration
        Lock icon Tennis
        152 19 AFP AFP GSTAAD, Switzerland Swiss Open selected Ist rd Tuesday (x--seed): Sergi Bruguera (Spn xl) b Bcrnd Karbacher (Ger) 6-4 6-0; Marcos Ondruska (SA x 8) b Guillaume Marx (Fra) 4-6 6-4 6-4; Thomas Muster (Austria x 2) b Martin Stringari (Arg) 4-6 6-2 6-1; Ramesh Krishnan (India) b
        AFP  -  152 words
    • Article, Illustration
      Lock icon Uzbekistan's Abdoujaparov makes good
      218 19 AFP DINARD. France Djamolidine Abdoujaparov turned the tables on race leader Wilfried Nelissen in another battle of the sprinters on the Tour de France's third stage on Tuesday. The top three riders were the same as in Monday's sprint, but this time it was the 29-year-old
      AFP; Reuter  -  218 words
    • Article
      Lock icon Iranian win sets diplomatic poser for Fifa
      362 19 AFP DAMASCUS Iran completed the setting of a diplomatic minefield for World Cup organisers after it won its Asian qualifying group match on Tuesday. A 1-1 draw in Damascus with hosts Syria was enough to give Iran the top spot in Asia's qualifying
      AFP  -  362 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      426 19 IN THE MATTER OF THE COMPANIES ACT, CAP 50 and IN THE MATTER OF KIRTCO PROPERTIES PTE LTD (In Members' Voluntary Winding Up) Al an Extra-Ordinary General Meeting of the members of Kirtco Properties Pie Ltd duly convened and held at its registered office I. North Bridge Road #19-05 High
      426 words
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      Page 19 Advertisements Column 2
      214 19 NOTICES €> ocal Finance I Focal Finance Limited Incorporated in Singapore (A Member of Vw OCBC Group) ANNOUNCEMENT Pursuant to Article 32(4) of the Articles of Association of the Company, H is hereby announced that from declarations received by the Company as at the end of the second quarter of
      214 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      1151 20 »•»">«» i imw, i nursaay juiy o iw psfl Nothing Beats A Bud. WHERE to wine, dine and entertain or 35^^HSSSR^^aSsiMBP^JC!!<^w^RA r GENUINE PENANG FARE Let our Penang chefs introduce you to an authentic Penang buffet spread for lunch and dinner. At Princess Terrace-a round the clock rendezvous for fine
      1,151 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Salvaging the Titanic
      795 21  -  Salvors spark a dispute over Titanic artifacts newly raised from the ship's sunken hulk, leading to charges that they are violating a federal law. William Broad reports William Broad NYT DEEP-SEA salvors sailed into Norfolk, last week with about 800 artifacts newly raised from the sunken hulk
      NYT  -  795 words
    • Article
      Lock icon Medieval Palio race to go on despite horse deaths
      203 21 AP SIENA's bareback Palio horse race, dating back to medieval times, will be run next month, despite an outcry over the deaths of two horses in the latest running. The Rome daily La Repubblica quoted Siena Mayor Pierluigi Piccini as saying
      AP  -  203 words
    • Article
      Lock icon In search of Genghis Khan's grave
      640 21  -  Despite the help of sophisticated detectors, helicopter-borne radar and satellite imagery, the questing researchers fail to find the 12th century empire builder's tomb. Peter Hannam reports Peter Hannam Reuter ON THE SOUTHERN slopes of Mongolia's boulder-strewn Khentiy mountain range, a team of Japanese and
      Reuter  -  640 words
    • Article, Illustration
      Lock icon JF Kennedy Jr resigns as assistant district attorney
      713 21 CHATTERBOX NYT Reuter Reuter Reuter NYT JOHN F KENNEDY JR has resigned as an assistant district attorney in Manhattan. Barbara Thompson, director of public information for the district attorney's office, said that no date for his departure had been set but that
      NYT; Reuter  -  713 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1324 21 TV RADIO ■HjfirajnjirjßH tr-v gives us more of the old tcchni '^ij wizardry and cute IBBH b iH K^jjk^J Luke Skywalker a space 4 fIMIH Princess and Han Solo »HK^i a secret or a Teochew opera v 1„, 1 staged by the Jieyang County VbL Chaoju Opera Troupe. Takes a
      1,324 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      This guard can cook too
      704 22  -  Yen Sreenivasan reports on a S'pore company's invention of an intelligent security system Ven Sreenivasan A BURGLAR is about to break into your home or office. Will your security system foil the attempt? A lot depends on the security system that you have installed. Most
      704 words
    • IN TAKES
      • Article
        Lock icon Catching the carjacker
        79 22 Reuter LONDON A new high-tech system, which allows police to trace stolen vehicles electronically, was launched on Tuesday in Britain, which has the highest rate of car theft in the European Community Ihe system, called Tracker and sold by the Automobile Association motoring organisation, involves fitting private
        Reuter  -  79 words
      • Article
        Lock icon Keeps the doctor away — from apples
        82 22 Keeps the doctor away from apples AP WASHINGTON Agriculture Department scientists have developed a speedy new test to detect disease-causing overseas viroids, viruslike micro-organisms that can devastate apple and pear trees. "Now new apple and pear trees coming into the US can be grown in a greenhouse for just two
        AP  -  82 words
      • Article
        Lock icon Earliest pictures of developing embryo
        100 22 NYT PENNSYLVANIA On ultrasound, a six-week old human embryo would be just a blur. But using an experimental technique. Dr Ruben Quintero examined the embryo as closely as if he had opened the woman's womb. Dr Quintero. an obstetrician at Wayne State University's Hutzel Hospital,
        NYT  -  100 words
      • Article
        Lock icon Pigs' parts for people
        92 22 Reuter VANCOUVER Specially bred pigs will soon provide many of the organs used in human transplants, an expert predicted on Monday. Dr Calvin Stiller, a transplant doctor, said pig valves have already been successfully transplanted into human hearts and pigs are now being genetically altered to
        Reuter  -  92 words
    • Article, Illustration
      Lock icon Plastic that dissolves
      602 22  -  Teh Hooi Ling on the demonstration of this hydro-degradable material Teh Hooi Ling EAT YOUR Kiasu-Bur-ger from a plastic clamshell. Use disposable diapers and tampons. To get rid of the waste, just dump the offending stuff into water and watch it dissolve! That is the invention that
      Photos by Chris Loh  -  602 words
    • Article
      Lock icon Newspapers that will read to you
      438 22 AP Sometime in the next century, the familiar earlymorning "plop" of the newspaper on the front porch will dTsappear. And instead of reading your newspaper, it will read to you. Youll get up and turn on your computer newspaper just like switching on the
      AP  -  438 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1043 22 f REPUBLIC NEW YORK CORPORATION Parent Company of REPUBLIC NATIONAL BANK OF NEW YORK Head Office 452. Fifth Avenue. New York. NY ***** Singapore Branch 143, Cecil Street #01-00, GB Building. Singapore 0106 Telephone: *****77 Telex: RS ***** Fax: *****69 CONSOLIDATED STATEMENTS OF CONDITION CONSOLIDATED STATEMENTS OF INCOME On Thousands)
      1,043 words
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  • THE LAW PAGE
    • Article, Illustration
      Keeping the fruits of your intellectual pursuit to yourself
      1378 23  -  Benny Tabalujan on how to protect your intellectual property rights and notch up a few million dollars in sales as a result Benny Tabalujan The writer is a lecturer in law at the School oj Accountancy Business. Hanyang Technological University. He
      1,378 words
    • Article
      Lock icon Lawyers catching up with green movement at last
      446 23 NYT THE legal community in the US has dabbled in environmentalism for some time. Yellow legal pads arc gradually giving way to white, styrofoam cups to ceramic mugs, and waste baskets to recycling bins. But concerned ecologists say the bar has things
      NYT  -  446 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      210 23 Sear new 7 level Hotel. Retail Carpark Complex overlooking Bondi Beach. 203 Hotel Suites, each comprising separate bedroom, bathroom and lounge room area I •34 Shop Retail Arcade comprising approximately 2.213 m of street level retailing j 328 (approx) space car park over two basement levels Vmd wm 5,886 m
      210 words
    • Advertisement
      Page 23 Advertisements Column 2
      928 23 B_l^nj_^STlN^S TOLL-FRFJ- TF,L. No. 1-800-737 0043 I'AX:734 3698 RENONG BERHAD (Incorporated in Malaysia) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Anggerik Room, 4th Floor Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur on 23 July 1993
      928 words
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  • Article
    A welcome breakthrough
    530 24 EDITORIAL SURPRISE, surprise. Just when the rest of the world had given up on summit meetings ot the Group of Seven, news has come of a "decisive breakthrough" in the long-dead-locked Uruguay Round of multilateral trade negotiations. Conducted on the fringe of the high-pro-file G-7 summit which
    530 words
  • WHAT THE OTHERS SAY
    • Article
      Time to ban nuke testing
      249 24 NUCLEAR WEAPONS tesis are an anachronism in the post-Cold War world and inconsistent with efforts to control the spread of weapons of mass destruction. If the nuclear powers do not put an end to such tests, they will find it hard to convince many non-nuclear
      249 words
    • Article
      Taking Mendaki to a new level
      213 24 DR AHMAD MATTAR stepped down as chairman of the Mendaki board of directors at a time when Mendaki has established itself as an organisation that has proven its worth to the Malay-Muslim community. Dr Mattar should have stayed on considering the fact that there
      213 words
    • Article
      Focus on national interests
      186 24 SINGAPORE HAS always faced the problem of how to overcome the challenges of national survival and development. During the early nation-building years, almost everyone understood its severity and Singaporeans were determined to see the nation succeed. But, after so many years of economic growth and a
      186 words
    • Article
      HK Liberals' basic problem
      189 24 HAVING LOST a supporter on both the legislative and regional councils through the conviction of Gilbert Leung Kam-ho on corruption charges, the Liberal Party seems in no hurry to replace him with.one of their own. While the liberals have put up three competing candidates for the
      189 words
    • Article
      A country's image at stake
      182 24 THE SPONTANEOUS UPROAR in governmental and academic circles over the Longman Dictionary of English Language and Culture's description of Bangkok as, among other things, a place where there are a lot of prostitutes, is understandably justified. There is indeed cause for concern because the image
      182 words
  • Article
    Lock icon The job of leading the world
    1357 24  -  Just before leaving for Tokyo for the G-7 Summit, US President Bill Clinton outlined his views on trade, world growth, unemployment and the US budget deficit to journalists. Jurek Martin of the Financial Times reports Jurek Martin FT ALL THE usual cliches could apply
    FT  -  1,357 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      284 24 I Chairman Koh Counting down to Telecom's listing It's a long-awaited flotation, but what exactly will investors be buying into? Singapore Telecom chairman Koh Boon Hwee talks about the group's aims at home and abroad. I 1 I I Plus a look at Orchard Road's store wars and whether the
      284 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      80 24 ovou£ ueextrtD is —I TWIMGS WPVC coMe tq f\ PASS ®PVS€X> OM CAR boot sp.Le.s... fell' C ASSOCIATED NCNWAKKt LTO, y DOOWESBURY GARRY TRUDEAU nouj hIOUI WHO'S THAT SOMB ffl I/UORSE. ITS UKB MIKE I I MIKE 3 JUST H BUT ITS UKE I THATDOBSN7 ON THE TERRORIST ay V
      80 words
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  • ANALYSIS
    • Article, Illustration
      Putting on the brakes
      1567 25  -  China's inflation rate is in double digits and peasants are rioting over uncashed lOUs. Hongkong Correspondent Catherine Ong examines the austerity plan that Beijing has unveiled to defuse its economic crisis Catherine Ong CHINA'S paramount leader Deng Xiaoping has often been described as "a little man
      1,567 words
    • Article
      Lock icon No politics please, we're villagers
      1177 25  -  Prosperity has at last arrived in the Chinese countryside. Sheryl WuDunn speaks to the inhabitants of a relatively wealthy village in Guangdong Sheryl WuDunn NYT IGNORING a light drizzle, the women emerged from their houses carrying small plates of potatoes, goose liver and pickled cucumbers,
      NYT  -  1,177 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      51 25 I REGENCY PARK (District 10) Where you indulge in a life style of luxury Quality accommodation Full condominium facilities Excellent location 7V2 acres of landscaped garden High standard of management plus 24-hour security 3+l/4+l bedroom apartments Immediate occupation Sole Marketing Agent LEO PROPERTY MANAGEMENT ESTATE AGENCY DIVISION mmmmm Tel: 533
      51 words
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  • Article, Illustration
    Lock icon G-7 summit off to lively start after breakthrough on tariffs
    675 26 Clinton calls for new economic relationship with Japan in speech before talks AP, Reuter, AFP TOKYO Leaders of the seven major industrial powers began their annual economie summit on an upbeat note yesterday after the United States and its major
    AP,; Reuter,; AFP; Reuter  -  675 words
  • Article
    Lock icon Clinton, Suharto discuss E Timor human rights issue
    343 26 AP JAKARTA President Suharto said he told President Bill Clinton yesterday that it was out of respect for the human rights of East Timor's people that Indonesia annexed the Portuguese colony in 1976. Under pressure from nearly half the US Senate, Mr
    AP  -  343 words
  • Article
    Lock icon Pact to cut tariffs lauded but hurdles remain
    403 26 Reuter GENEVA Trade diplomats and officials yesterday welcomed a tariff-cutting pact between the world's four largest trading powers but warned that major obstacles remained to a new international trade treaty. "It looks good." said one senior ambassador to the world trade watchdog
    Reuter  -  403 words
  • Article
    Lock icon Bank of Japan may cut rates to weaken yen
    256 26 Bloomberg Business News Knight-Ridder TOKYO The Bank of Japan may lower interest rates to stop the yen's appreciation against foreign currencies, an ofTicial of Japan's Economic Planning Agency said yesterday. The official, who asked not to be identified, was speaking to
    Bloomberg Business News; Knight-Ridder  -  256 words
  • Article
    Lock icon Yuan gains ground in Beijing as reports of central bank intervention surface
    318 26 AFP BEIJING The Chinese yuan gained ground on Beijing's foreign exchange stock market yesterday, as an official source refused to rule out reports the central bank had intervened to prop up the currency. The yuan's rate against the
    AFP  -  318 words
  • Article, Illustration
    At long last, the G-7 focuses on joblessness
    891 26  -  The Bottom Line PATRICK DANIEL PATRICK DANIEL The writer is BT's Editor IT HAS taken him a long time but US President Bill Clinton might well be hitting his stride at last. A day before his first summit of the Group of
    891 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      210 26 THE ASI AN WALL STREET JOURNAL. CALL *****55 TODAY I /HOW TO f STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, lo stay successful in business, one has to he highly competitive.That means having the right image, up- to- date office equipment and full time experienced staff; yet keeping
      210 words
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      Page 26 Advertisements Column 2
      227 26 THE ASIAN WALL STREET JOURN AL. CALL 2236X55 TODA^ iA Seminar For Senior Management H IBM AS/400 System I Security I This intensive one day seminar will focus on the security features of the AS/400 system which are of concern to senior management who have to manage and control such
      227 words
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  • Shipping Times
    • Article
      Traditional warehouses in for a hard time
      383 27  -  By Ramesh Divyanathan SINGAPORE The lower end of the warehouse industry is in for tough times because of the trend towards warehouses that offer value-added services. Industry sources say there is already pressure on storage rates and the situation is getting worse as
      383 words
    • Article, Illustration
      Call for coordinated response to oil spills
      323 27  -  By Juliette Walker SINGAPORE Experts in oil spill response have called on industry and national governments to cooperate in preparing comprehensive contingency plans that address issues from oil recovery to shore-line protection and stopping the spill at the source. IC White, managing director
      323 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      848 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line, The 9
      848 words
    • Article
      US line expands S American network
      314 27  -  By Dexter Lee SINGAPORE Direct Container Line (DCL), a leading American seafreight consolidator, has expanded its service network to another 17 destinations in eight South American countries. The eight are Bolivia, Colombia. Costa Rica. Ecuador, Paraguay, Peru, Uruguay and Venezuela. They will be linked
      314 words
    • Article
      Lock icon Stena orders two high-speed ferries
      521 27 Reuter GOTHENBURG, Sweden Sweden's Stena shipping group ordered on Tuesday the first of a new generation of high-speed ferries which it said could one day whisk people across the Dover Strait faster than Eurotunnel's rail tunnel. Dan Sten Olsson, managing director of privately-owned Stena AB,
      Reuter  -  521 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        782 28 VkmI Voy No Berth Arrival Dopartwo Vtssd Voy No Berth Arrival Dopvtiro J WORK Pof B Prus Bok Topai chrysoyalandou Dooyang Pearl EitW Hung tag Mekong Eipress Sri Baru Sunny Sky World Themis Yuqmg A 19/L E T Ottshote Hety Batam Hup long Khrushchev Lion Valour Rachmanuel
        782 words
      • Article
        CONTAINER SCHEDULES
        1219 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofcinf/Balance Rstts Ship Voy No Etb/Btr Period From To From Ac 0*» *1* 10/1500 3 08/0700 08/1159 08/1*00 4 08/1200 08/1459 08/1700 to U» 388 10/0200 1 07/1500 07/1659 07/1900 2
        1,219 words
    • Article
      THE SHIPPING GUIDE
      11122 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from t"he Port of Singapore. LEGEND PN: ship calls at Penang after
      11,122 words
    • Article
      SHIPPING AGENTS
      3345 41 Containerline NV: Belsin Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business C orporation Philippine Calsource Shpg Trdg Pte Ltd (S) Alwenkiel Liner Service: Kim Shpg Trdg(S). Albatros Sen-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,345 words
    • Article
      COURIER SERVICES
      273 41 Abacus C ouriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Td: 533-5771. Fax: 535-6144. A taikjkaiftji L' p a AamAaM#lAM AiTDorne rreigni iorponiiion Tel: 542-8844. Fax: 542-3716 *****80 Alrswifl Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377.
      273 words
    • Article
      AIR FORWARDERS
      1466 41 A hex Express Freight Td: 542-7171. Fax: *****84. Actiaic Forwarder Td: 225-1833. Fax: *****42. Activak Singapore Td: 542-7812: Fax: *****20. Aeroiiak Freight International Td: 545-803! Fax: *****05. Aerospeed Td: 542-5911. Fax: *****18. Ak Cargo Novo Express Td: 542-5454. Fax: *****06 Ak Express lateraatioaal Td: 542-7666. Fax: *****74. *****50.
      1,466 words
    • Article
      PORT CONDITIONS
      2628 42 ALBANIA Duress: Five vessels in port discharging of which 2 general cargo. 1 coke. 2 sugar. ANGOLA Luanda: Port busy, all berths occupied but no real congestion maximum wait about one day. Lobito: Port operating with low traffic levels. Aid cargo being discharged to receivers' trucks, and rail
      2,628 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1160 42 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP THE recent trend towards increased activity in the tanker market has continued this week, especially in the aframax sector where several vessels are reported sold or working. Initially BP have concluded a deal on their 1975 built
      The information was contributed by Simpson Spence & Young; AFP  -  1,160 words
    • Article
      AIRFREIGHT SCHEDULE
      553 42 ARRIVALS Op Flight Type ETA T From TODAY KAL KE697 B747F 0150 1 SEL S1A SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 1 LUX/DXB NCA KZ203 B747F 1930 1 NRT KAL KE685 A30F 2345 1 SEL/MNL TOMORROW JAL JL615 B747F 0240 1 TYO NWA NW901 B747F
      553 words
    • Article
      CRUISE & FERRY SCHEDULES
      283 42 CRUISE FERRY SCHEDULES cm Arr Biiliifri* Ports of Cab 1 2 Telephone No JULY ll II Continental World 1000 2000 Sin-Phuket-Penang Lauw Sons Travel 227-8284 IS 15 Continental World 1400 2100 Sin-Jaluuta Lauw Sons Travel 227-8284 16 16 Coral Princess 1700 2030 Cruise to Nowhere Semjon Agencies 227-8284 18 18
      283 words
    • Article
      DAILY FREIGHTS
      933 43 A SLUGGISH tone prevailed in the dry cargo charter market for grains and minerals, where freight rates are still weakening, brokers said. The Baltic Freight Index dropped eleven points to 1.424 on July 6 after 1.435 which already represented a 12-point fall. The BFI is now back at
      933 words
    • Article
      COCKETT BUNKER MARKET REPORT
      864 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices tor a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      864 words
    • Article
      TRANSPORT DIARY
      120 43 COURSES Title: PSA/SFFA Dangerous Goods Course (SDF 70%) Duration: July 14 Aug II (8 evenings) Organiser: Singapore Freight Forwarders Association Tel: All courses are open to nonmembers. For further details and application forms contact SFFA at tei: 253-7550 or fax: 253-2303. Title: Portnet for Hauliers Duration: July 17
      120 words
    • Article, Illustration
      Lock icon Bouquets and brickbats for Anera
      965 44  -  The Asia North America Eastbound Rate Agreement has managed to retain all major accounts and its rule-change proposal on co-loaders has drawn praise. But critics are still out there, reports Richard Knee Richard Knee American Shipper AT LEAST on the surface. the carriers' conference in
      American Shipper  -  965 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Australia Air looks to S'pore in charting its course
        491 46  -  From Brian Gomez in SYDNEY AUSTRALIA Air International, a newcomer which recently gave Qantas a slap in the face, is looking to Singapore to provide much of the "fuel" for its take-off later this year. Colin Hendrick, chief executive of the
        491 words
      • Article, Illustration
        GM expects China to remain key market
        464 46  -  By Juliette Walker SINGAPORE China remains a key automative market despite recent government moves to cool an overheated economy, said a senior executive of US automotive giant General Motors yesterday. Thomas McDaniel, president of GM Asian and Pacific operations, said: "China is having
        464 words
      • Article
        Lock icon Seoul to demand compensation for KAL 007 downing
        190 46 AP SEOUL South Korea has decided to demand compensation from Russia for the 1983 attack on a Korean airliner that killed all 269 people on board, parliamentary officials said yesterday. The South Korean decision was included in a Foreign Ministry report submitted
        AP  -  190 words
      • Article
        Lock icon Chairwoman of Beech Aircraft dies
        215 46 NYT KANSAS Olive Beech, a leader in the aviation industry and a co-founder and chairwoman of the Beech Aircraft Co, died on Tuesday at her home in Wichita, Kansas, at the age of 89, her family said. Under her leadership, Beech Aircraft became a leading
        NYT  -  215 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1344 46 Oft nm *n nm n» PfM Gf 146 1120 GF147 1850 MlMil QF81 1930 QF82 2055 SQ228 2120 Antwd— KL837 1445 KL832 0020 KL838 2320 SQ323 >815 SQ324 2345 AacMaad BAM 1505 SQ288 2015 tifcraia Gf 148 0905 B Sari BcgMM BI421 1105 SQ182 0915 SQ181
        1,344 words
      • Article
        Lock icon Hyundai workers go on strike despite govt warning
        549 46 AP SEOUL About 60.000 workers at South Korea's largest auto plant and six other subsidiaries of the giant Hyundai group went on a one-day general strike yesterday, defying a strong government warning of punishment. The Hyundai workers vowed to continue the strike
        AP  -  549 words
      • Article
        Lock icon Aerospatiale to shed 2,250 jobs next year
        201 46 AP PARIS France's stateowned aircraft and defence group Aerospatiale will cut 2,250 positions next year, sources at the firm said on Tuesday. Aerospatiale is taking the measure because of the slumping airline industry and global cuts in defence budgets, said the sources, who
        AP  -  201 words
      • LOG BOOK
        • Article
          Lock icon Grounded tanker to be exploded
          101 46 AFP MEXICO CH V A Norwegian tanker carrying 4,000 tonnes of sulphuric acid, which has been stranded in Mexican waters since last month, will be sunk with a controlled explosion, the Maritime Ministry said. The Betula has been stranded with mechanical problems since June 24
          AFP  -  101 words
        • Article
          Lock icon Chinese airlines start smoking ban
          117 46 AP BEUING Air China and other Chinese airlines have begun phasing in a smoking ban on international flights, the official Xinhua News Agency said. The no-smoking rule took effect on July 1 on flights to Hongkong, the report said. As of next Jan I. it
          AP  -  117 words
        • Article
          Lock icon Aeroflot to resume N Korea flights
          96 46 Reuter SEOUL Russia's national carrier Aeroflot will resume regular flights to North Korea this month after suspending service on the route for nearly nine months, a South Korean news agency reported on Tuesday. Yonhap news agency said in a dispatch from Moscow that Aeroflot's
          Reuter  -  96 words
        • Article
          Lock icon First woman captain in Philippines
          73 46 Reuter MANILA A woman has made history in Philippine aviation by making her first commercial flight as pilot in command of a Philippine Airlines Fokker 50 turboprop plane. Captain Aurora Carandang, 28, the country's first woman commercial pilot, flew from Manila to the mountain city
          Reuter  -  73 words
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          Lock icon Bridgestone to build Thai plant
          105 46 AFP TOKYO Japan's Bridgestone Corp said it would construct a 12 billion yen (SslBl million) tire plant in Thailand. The new plant, its second factory in Thailand, will be located in Nong Khae, in Saraburi Province, 82km north of Bangkok, the company said. The second
          AFP  -  105 words
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          Lock icon Manila car sales up 61pc
          79 46 AFP MANILA Car sales in the Philippines, defying global trends, rose 61 per cent in the first half of the year compared to the same period in 1992 as more brands entered the market, an industry association said. The Automotive Manufacturers Institute Inc (AMU) said
          AFP  -  79 words
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      9 27 WSlmft Uadin9 lubricant Bouquets, brickbats for Anera, Page 18
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      33 27 Australia Air looks to S'pore, Back Page 1 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      37 27 E J** imk/mmk ■'.mil El* 224 1833 more '"forniation plem refer to Pg. 13 c STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. rTI Businesslimes Know AM
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      454 28 TSKIJNE AGENCCS (S) PTE. LID. fWM TP If T WmTTI Tel: 226-3363 i JLLC\ Jb# FM: 226 1972 3 IJBgrr7 Ttx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N II MM—I mr rn~ mm sr~] —5 m 5S S5 m S£ Se SS mm mm> mm WW ACX LIT
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      1245 28 MWBCT JiLjUPMßoiui BB^PIMMtL—iZy--M>i^ -6SL BL_a«L_u 0* n i m. IOBTOi Q« IBM I«a Jm q»mil c**Wß?S[iuirY m 2172 3 'i it its JJ 10 101 ui 121 10 I Sumum*'™ Sit 1?/; I iT i/Tli/i 7/1 i» H/i m M 2tQ.l—iiX- Ifcl 111 I Hl— l/l 11 i 111 HI
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      2365 29 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD TEL *****13 FAX: *****42 PETALING JAVA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 'POH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL: *****21/
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      2130 29 SAILINGS TO HONG KONG/TAIWAN/JAPAN/PHILIPPINES/CHINA SEALAND VOYAGER V.198E ETA SIN 12TH JULY 93 MARIT MAERSK V.9306 ETA SIN 13TH JULY 93 ARTHUR MAERSK V.9312 ETA SIN 14TH JULY 93 ***«< Vo» ETA ETO Feed* by SL u,- rr L r <Xt DESTINATIONS Trw MARIT MAERSK 9306 cv is/or oeoo mrs ■HfeHNillifißißi
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      1667 30 AQABA R OAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA LUDWIGSHAFEN EXPRESS 06/326 10/7 19/7 25/7 28/7 31/7 2/8 4/8 Po,t Kelang. Penang KASUGA I 27/127 15/7 31/7 3/8 1/8 Paair Gudang LEVERKUSEN EXPRESS 13/327 17/7 26/7
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      562 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole 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 Hungary CSFR a Poland ociarrans AGENaES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel ETA SIN POL EAST V7229W
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      1112 30 1 pgaiiaiii *xm* AL<^BCL^VAL^!s^HA!^Bls^s^AS^re^| NORASIA MUBARAK 9326-3 15/07 07/08 14/06 15/06 11/06 12/06 13/06 14/06 16/06 15/06 I 221™ SUSSPS^? 327 3 m/J? 21Z 27/ os SMS 15 M !»'S It/SS NORASIA PRMCESS 9326-3 29/07 21/08 27/08 26/06 24/06 24/08 25/08 26/08 27/08 24/08 I NORASIA SUN 9329 3 28
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      2094 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Koppel Towers Singapore 0200 Tol: ***** M Fax: *****17 gaasai;^! CARGO DUE SM.S STRAITS nuoc VI7C KK. Skan, law In PI 01 M «ci lcl contanmh and miakhjlk mrvici to papua m OUMKA STRAITS VENTURE VISE Muara. lab 07 0S
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      2587 31 SINGAPORE AGENT: MXtI 1 AntoinAf*C PftO Containers (Singapore Agencies) Pte Ltd VRKSRm A 9 10 Ho Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 ■■■■k Tal: 225 2233 Talax: RS ***** PNOCSP Fax: 225 5327/222 7517 m K CR Numbaf: **********0Z EXPORT iftiDfwr linooe ms woe oTor oTo' oTor 27/07 sSot
      2,587 words
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      83 31 MAS SHIPPING PTE. LTD. 39 NEK. ROM) SMGAPORE 0208 TEL: *****88 TLX: R*****5 SMMER FAX: *****64 ACCEPTS PORTS <* CARGO STORE DESTMATKM ICR CURT MH VIX 06-07 JUL 0109 JUL Muva. Labuan BMTANG S£R» VIX 12 13 JUL 13-13 U BaiMu. Ml Web* HEX CURT PEARI VI3E 13-15 U 15
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      757 32 IPHS9 I INDONESIANATJONA^N^^ I I YOt psiSl| MXUMMI K—tl wtuwl HHTWOf I SAI WIIAYA I 37W8 I 12-14/7 I 10/8 IS/I 19/8 22/8 I I K2WB I 21-24/7 I 11/ i 25/1 30/1 4/9 TO AUSTRALIA lfr PUtit EAST COAST POUTS HM./WT PKL STOW STP MELB BIBS FUt AOtl WO
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      2132 32 HANJIN SHIPPING FDR VSI SM ILK HAUL SEA PDI FDR VSL SM IIAE HAUL SAV IM NYC NAHM SMGAPORE 0101 8 7 DOKCT »/7 31/7 HAIUR SMGAPORE 0101 8J K HOHGKOH6 0401 12/J 13/« 15/« HAMN LEHAVRE 022E 15/7 DMECT 5/1 7/1 HAIUR LEHAVRE 022E 15/7 M. lIMOPt OOK IJ/J
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      1409 32 I CMMTy K«. "S 1 V M 6 <lt "B *T OS* NGT «B TTO lAI CHS Ml NYC UN MM IBM TW PS (M FH I I I 222J« Jf ,l'.l f.5 W1 14/7 MI/I *3/7 M M l lift Jl/I l/| 2/9 3/9 «/9 14% 24/9 »/1 3%
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      2632 33 'ACE CONCORD 33W eta sgp 09/07/93 11 II l| ETA RDM 01/08/93, FLX 31/07/93, H II fWVIv II BRE 29/07/93, LEH 28/07/93 II ■I II *m Connecting C. Saturn Voy 58E In HKG 08/08/93 *112 Connecting C. Jupiter Voy 66E In HKG 15/08/93 VESSEL VOY ±£p LOS OAK VAN SET
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      1167 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BAIT ORIENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****33 BLASCO ft 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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      1665 34 K44 v AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CS No: **********011) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 T MALAYSIA "K" LINE MARITIME (MALAYSIA) SON IHD m TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A Mfc. A MmJK INDONESIA: P.T. SAHARA LAUTINTERNUSA. TEL: JKT *****08
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      642 34 PHI LI-ORIENT LINES PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 8 JUL SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 16 JUL AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH, NAPIER CHRISTCHURCH 28 JUL
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      448 34 GOLDEN LINE\ WCG <?> guan guan shipping (PTE) LTD I 23. TtM Artt Street SMGAPOK DIM TEI S34J9U <10 UNESI Fai *****04 (C« N* **********0N) muin/nmiw cult iutict S pore P Kelant Penang GOLOOIMBKSI Karachi Oubai 14/16 M eoum siw Out* t 10 Au, CHINA SEKTICE GOIDEN WONDER China Ports
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      934 35 PACIFIC INTERNATIONAL LINES (PTE) LTD^ I 140 Cecil Street #03-00 PIL Building. Singapore 0106. I B CR NO **********0E VESSEL VOY SIN CMB JW JED AOJ AOE MOO PZU KOTA WUAVA WJAO27 15/7 21/7 27/7 30/7 1/8 3/0 5/8 8/8 HA) XIONG HXOO3 31/7 5/S 12/0 17/0 1W KOTA WIRAWAN
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      1281 35 [wsstis I HOT I VIA FttOIR SPOM HAMBURG ROTTERDAM ANTWERP TNAAKS U HARK pa east w* m/m 09/00 io/o» 12/00 VK.lt M fOWTMWI 9029W W/07 13/ M IVQI 10/00 17/00 19/01 mi« MACtDOHA MZ9W TV*? «>/M 22/01 23/01 24/01 ?t/04 Hli DC VCSTA I*W 0»/0» 21 Z*/M 30/01 31/00 02/09
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      375 35 BSA it. l*3 e !B3TSISFS®3S!HS^^V M MYANMA VBBBk FIVE STAR LINE (Myanmar National Line) Loadmi for Yangon (Rangoon) Spore P.KIf Pen PGd{ LCNKAW VIWW In Port MPA-AN VIS?W In Port PAGAN VI99W M M M MYOMA TWA VI4SN 1/10 U MERGU VU9W 12/13 Ml 1/11 M MALAYSIA AGENTS BOUSUAO SHTPMG
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      57 37 1/C VISA FREIGHT SERVICES PTE LTD established Since 1984 OCEANIA PORTS REGULAR GROUPAGE JH||j||jj|j|jjj|E_ LCL consolidation AUCKLAND SYDNEY IMPORT EXPORT BAlm r raf MELBOURNE FREHANTLE SERVICES FOR BOOKING fir SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800 *****66
      57 words
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      2680 38 Full Container Liner Services Agents: Indonesia's Agents: I Genera/ Agents: Booking Agents: Gnan Gum Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P. 7. Global Pntra Indonesia Maritime Costar Shipping Pte Ltd Snipping FmgM Mux Centre S* BM 58 Ptniano It* Mum Lot 3.34, M Floor, H. IK. H. loan*
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      626 39 (fe 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 tl/07 FEIIXSTOWE/UK 12/07 BARCELONA/SPAIN tl/07 LEHAVRE/FRANCE 12/07 GENOA/ITALY 10/07 ANTWERP/BELGIUM 12/07 LOS ANGELES/WC/IPI 14/07 SYDNEY/MELBOURNE 14/07 NEW YORK/EC 14/07 FREMANTLE/ADELAIDE 10/07 VANCOUVER 14/07 BRISBANE
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      665 39 TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) \M}\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOAOtNG FOR SPORE ANOINET 31WB 06 06 OARESSALAAM MOMBASA Dj»OUTI ASSAB MASSAWA ABBA* WONZ 37W8 05'09 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA g KIEN
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      968 39 JAKARTA BANGKOK 5! »m jkt Ilea |ww mmsahme bamqh* 9/7 13/7 MM) BHUM »2N In ft 0/7 Mon 12/7 BRA BHUM 10S 10/7 14/7 DRAGON SENTOSA 43M Fri 9/7 Tue 13/7 TNMMBHUM MS 1277 U/7 NAMTA BHUM 149 M S«t 10/7 Wed 14/7 GURU BHUM U/7 i 777 CHMYA MMT
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      1496 40 PIABMN CONTAINER LINES *1 ~r\=/\*vH A B ent#: MAC-NELS SPORE: *****22 (24 LINES) *LJ V VZ_Jc/R No: **********06 PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 J P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31} *****0 I HKG/TWN/BKK I GOTH/UKC/MED PORTS I PEN PKL SIN EVERY TUE/THUR/SAT PEN PK
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      Page 40 Advertisements Column 2
      119 40 INDOJAYA J SHIPPING 1 TRADING PTE LTD J Vessel ETA/ETD DESTINATION i Sinar Jay* 15-17 July Jakarta/Palembang i > Lampung Jaya July Jakarta/Palembang J Mas Jaya 10-12 July Jakarta/Patambang i Parita Intan 13-14 July Jakarta/Patambang i Pinang Jaya 13-10 July Jakarta/PatomlMog 1 J Wasian 0-10 July Dumai i Wakaka 0-10
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      186 40 I SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD 2! EH rati uiMG niww UK MOt S*M loading Iw Mile RUVN HUOHU IS 7 iMdmj toe C*»tti DOirHH *7 loading f<K Mate notn sum* n/i loading Fo» Matf UMtIDH 11/1 loading Fw Male PROGRESS IBERIY 25/1 |/7 loading to.
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      913 40 THONG SOON UNES PTE. LTD.] 7« SHENTOW NAY #10-01. SINGAPORE 0207 TEL: *****88 FAX NO: *****11 TLX: RS ***** CARRER, RS ***** JENHOI CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING UNfc *****65"? WNQAWRE TO SARAWAK I I I VESSEL VOY SPORE PEST VESSEL VOY SPORE DEST EQUATOR 111 93/3E 08 JUL KUCHING EQUATOR
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      51 43 fa Becufcue Housekeeper -this O \jniL I wants >s me. Bob I'll never neglect I 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
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      21 43 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINGAPORE f Business Times we know Am
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  • Page 43 Miscellaneous
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      763 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) WW OOOO 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.1 3.1 3.0 2.7 2.2 16 1.0 0.7 05 05 0.7 LI 1.7 2.2 2.4 2.4 2.2
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      516 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 57N8 09/07/93 17/07/93 F»i2i°s£i VIGOUR SINGAPORE 57ANB 12/07/93 17/07/93 MBfflß PACIFIC 22M8 16/07/93 24/07/93 VIGOUR PACIFIC 22ANB 19/07/93 24/07/93_ PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG MARINA MAS 9389N8 08/07/93 10/07/93 VIGOUR SINGAPORE 57W
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      436 44 ®APPENSHIP /Q\ HAMBURG [J\J CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DtSCHMtGE/IOADMG FOR VASIUY MATUZENKO SZCZECIN SLD GBURG SLD. BILBAO SLD SPORE 05/7 HKG 11/7 BEILUN 18/7 LORELEY SZCZECIN 28/6 HAM 30'6 ANTW 5/7 SPORE. BKK KOALA CONTAINER LINE STORE FIX HAM
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      317 44 I cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/06 Rotterdam /Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/06 20/06 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Ptease refer
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      1018 45 I Al HYUNDAI I MERCHANTMARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOY I PHA I PKE I PGO I VESSELS VOY_ SIW HTM WIT* LEH* HAM WE{ PEL NORASIA MALACCA 9323 A 06/07 07/07 08/07 H. EXPLORER 306W 12/07 30/07 30/07 31/07 01/0S 01/01 03/0S HMM ADVANCE 22A 13/07 14/07
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      461 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS NKU mt sp n uc u ÜBM II kn 1/7 12/1 m U/7 TMJMC EMS 21 11/7 13/7 sui nan u 12/7 Oil IKM n U/7 U/7 saw n«T*f 2 u/7 OKI UEBM 71 24/7 21/7 bum mat
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      919 45 VtSSEI Ivor SRI nA/Pl LAX [OAK [CM DAL MPI/COL HOU NTC NOR MAOWMC BRIDGE 69A 15-18/07 01/01 03/01 04/01 05/01 05/08 K/U 06/01 07/01 ALLIGATOR PRBE 44* 22-23/07 01/01 10/01 il/OS 12/00 12/00 H/M "H/M M/OJ GEORGE NASWNGTON BRPGE 71A 29-30/07 13/00 17/00 18/08 19/01 19/01 ~2Q/M Ip/M U/01 ALLIGATOR
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      5 46 MARKETING Tomorrow in Business Times
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      55 46 rfflw 1 Tomorrow in Business Times I Fly Finnair's new MD-11 the world's most technologically advanced aircraft. 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
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