The Business Times, 13 July 1993

Total Pages: 48
1 48 The Business Times
  • 13 1 Business Times MITA (P) 552/12/92 Tuesday July 13 1993 WI-: know as/a 75«
    13 words
  • 2am LATEST
    • 65 1 Reuter ISLAMABAD Islamic foreign ministers have pledged more than 7,600 troops for a United Nations protection force in Bosnia, a spokesman for their conference said. Officials from 16 Islamic countries, including foreign ministers, met under the auspices of the 51-nation Organisation of Islamic
      Reuter  -  65 words
    • 53 1 AP MOSCOW Officials have shut down a reactor at the problem-plagued Balakovskaya nuclear power plant after discovering automatic safety devices were not working properly. The Balakovskaya plant, built from 1984 to 1988, has had to shut down more than any other nuclear plant in the
      AP  -  53 words
  • Article, Illustration
    112 1 CAAAL MLAI laajlajtAC stock marnet inaiccs Monday Change STII 1.777.16 -20.45 KLSE Composite 722.82 -5.23 Nikkei 19.980 00 +102.61 Hang Seng 6.952.59 -118.02 SET Index 905.18 -2.46 Jakarta Composite ...359.42 -0.25 CLSA China B 856.92 —0.31 Aust All Ord 1,8018 +18.9 FTSE 100 2,830.9 -12.3 Moaday Prcrirn Ipm
    112 words
  • 392 1  -  By R Sivanithy SINGAPORE A stock exchange move to impose a 20cent charge on each order keyed into its computer trading system has come under heavy fire from the broking community. In a letter to broking houses dated July 9, the
    392 words
  • 396 1  -  By Dexter Lee SINGAPORE The hunt is on for Neptune Orient Lines shareholders who dumped their stock during the last minute of trading yesterday, driving the national shipping line to its lowest close this year. NOL has
    396 words
  • 353 1 AFP BEIJING China is building a military air base in the disputed South China Sea and is obtaining the necessary hardware to prepare for the possibility of armed conflict there, an official book reported. The military has already bought 24
    AFP  -  353 words
  • 219 1  -  From Catherine Ong in HONGKONG HONGKONG share prices nose-dived yesterday on rumours that China's paramount leader Deng Xiaoping is in a coma. Investors' jitters over the health of the Chinese economy also did not help halt the Hang Seng Index's I
    219 words
  • 561 1  -  By Chuang Peck Ming SjNGAPORE Except for Singapore and Hongkong, Asian dircct investment in the United States continued to fall sharply last year, says the US Department of Commerce. Asian investment there slumped from US$6.6 billion (5510.7 billion) to
    561 words
  • 411 1  -  By Agnes Chen SINGAPORE As of June this year, Singapore's listed companies had invested almost $10 billion and nonlisted companies, another $6 billion, in business ventures overseas, estimates broking firm Kay Hian James Capcl's (KHJC). Official figures released by the Department of Statistics in
    Source: Kay Hian James Capel  -  411 words
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      243 words
    • 37 1 Corporate Focus: Pg n Union Paper: the inside story Property majors move into service apartment business The Singapore service apartment industry is coming into its own as major property companies get serious with the business. §P>p 25
      37 words
    • 26 1 Hock Lock Siew: Pg 9 Lion Land makes big strides Malaysia: China is not a bogeyman, Page 3 Beijing orders crackdown on property speculation, Back Page
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 349 2  -  By Anna Teo GOING by projections for the labour market, 1993 could prove to be the sweet spot of the growth cycle, says securities house BZW-Pacific Union. The forecasts, pointing to growing employment and falling unit labour costs, paint a bullish picture, it says in its
        Source: BZW Pacific Union  -  349 words
    • 470 2  -  By Soh Tiang Keng THE Inland Revenue Authority of Singapore (IRAS) yesterday launched its hotline with business and industry when it held the first of its regular dialogues with corporate tax-payers. As a group, corporate taxpayers account for more than 60 per cent
      470 words
    • 309 2 A GROUP of Singapore furniture makers plans to set up a "Singapore Furniture Industry Park" in China at a eost of up to $100 million. Besides the park, the group also plans to invest in timber proeessing in north-eastern China. And to publicise
      309 words
    • 335 2  -  By Claire Leow THE managing director and vice-president of tape drive maker Archive Singapore. Ang Boon Chong. has left the company he started 10 years ago. "1 feel my mission has been accomplished and my personal dream fulfilled," he said in a
      335 words
    • 144 2 THE Export Institute of Singapore will launch a training course next month to build up a pool of buying professionals for locally-based international procurement offices. The institute, a division of the Trade Development Board, has developed the four-month course jointly with the
      144 words
    • 236 2  -  By Teh Hooi Ling HOMESTEAD Furniture, one of Singapore's leading furniture retailers, is expanding into China. The company will be opening a retail outlet in Shantou. Ciuangdong province, later this month. If the venture is successful. Homestead hopes to set up a chain of retail outlets
      236 words
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      318 words

  • THE REGION
    • 302 3 KL's proposed scheme may send wrong signals to investors, say analysts AFP KUALA LUMPUR A government proposal for a lucrative taxation scheme to develop a high technology industrial sector for Malaysia could provide the wrong signals to foreign investors, analysts said yesterday. Finance Minister
      AFP  -  302 words
    • 213 3 Reuter KUALA LUMPUR Two leading Malaysian business groups have called for a cut in corporate tax to 30 per cent from 34 per cent. The National Chamber of Commerce and Industry (NCCIM) and the Federation of Malaysian Manufacturers said corporate tax must be
      Reuter  -  213 words
    • 192 3 AFP TOKYO Japanese envoys are to visit several Asian countries this week to brief leaders on the results of last week's Group of Seven (G-7) summit of industrialised nations. The foreign ministry said yesterday that Deputy Foreign Minister Koichiro Matsuura is to
      AFP  -  192 words
    • 177 3 AFP HANOI The National Assembly has slashed hy half the tax farmers must pay for the use of their land and modified its application to cncouragc intensive agriculture. The Vietnam News Agency (VNA) reported yesterday that up to now, farmers had to reserve 10 per
      AFP  -  177 words
    • 475 3  -  Reports by Nirmal Ghosh SINGAPORE Malaysian Defence Minister Najib Tun Razak said yesterday that the Malaysian armed forces had to develop a modest deterrent capability. Speaking at a lunch organised by the Foreign Correspondents Association of Singapore. Mr Najib said Malaysia was "starting
      475 words
    • 239 3 SINGAPORE Malaysian Defence Minister Najib Tun Razak said yesterday that "China should not be viewed as a bogeyman". Speaking at a lunch organised by the Foreign Correspondents Association of Singapore, Mr Najib said: "China is not necessarily going to be a trou-ble-maker. China's
      239 words
    • ASIA NOTES
      • 68 4 Reuter MANILA The Philippine government expeets to earn up to 13 $i!lion pesos (*****.2 million) from the sale of governmentowned corporations and assets in 1993. The presidential palace said yesterday that the government is selling such assets as the Manila Hotel, an oil refinery, sugar
        Reuter  -  68 words
      • 69 4 AP GANBERRA The number of immigrants coming to Australia has fallen to its lowest level in nearly a decade. Figures from the Bureau of Immigration Research yesterday show that 85,404 immigrants arrived in Australia between March 31, 1992, and March 31, 1993, compared with 111,133 for
        AP  -  69 words
      • 69 4 Platt's Oilgram News TOKYO Chinese ofllcials last week announced what they described as a breakthrough in the Junggar Basin exploration programme in western China's Xinjiang Province. China's staterun Xinhua news agency confirmed yesterday that the Xinjiang Petroleum Administration Bureau had made discoveries in 10 to
        Platt's Oilgram News  -  69 words
      • 62 4 Reuter JERUSALEM Israel and Vietnam have agreed to launch diplomatic relations, said Deputy Foreign Minister Yossi Bcilin yesterday, after meeting his counterpart from Hanoi. Foreign Minister Shimon Peres, who also met Deputy Foreign Minister Nguyen Dy Nicn, the highest-ranking Vietnamese to visit Israel, would visit Hanoi in
        Reuter  -  62 words
      • 62 4 Reuter NEW DELHI India's government has found a widely acceptable solution to the sensitive issue of shutting down sick industrial units. Labour Minister Purno Sangma said yesterday that the government was putting final touches to a Bill which would leave negotiations over closures
        Reuter  -  62 words
      • 73 4 AFP BANGKOK Thai and Chinese officials are working out the details of an extradition treaty and the agreement could be signed soon. An official of the Interpol division of the Bangkok Police Department said yesterday that the latest round of talks were held recently in
        AFP  -  73 words
      • 64 4 AFP SEOUL South Korea's trade deficit in the first half of the year narrowed to U552.23 billion (553.6 billion) on a customs clearance basis from US$5.2 billion during the same period last year. The customs administration said yesterday that exports through June totalled U5539.05 billion, up
        AFP  -  64 words
    • 391 4 AFP TOKYO China's expected economic slowdown will have a negative impact on Hongkong and Taiwan, forcing them to rely more on domestic demand to sustain growth, according to the Nomura Research Institute. But the affiliate of Japan's biggest stockbroker,
      AFP  -  391 words
    • 322 4 AP. AFP. HONGKONG China will target Communist Party officials in a new anti-corruption drive to burnish the government's badly shaken reputation for honesty. "Large-scale corruption within the (Communist) Party has disgusted and embittered the public," the China-run Hongkong newspaper Ta Kung Pao
      AP.; AFP.  -  322 words
    • 321 4 AFP TAIPEI Taiwan's outbound investment inched up 3 per cent in the first six months of 1993 over the same period last year, while inbound investment slid 24 per cent, as a result of less attractive investment climate on
      AFP  -  321 words
    • 266 4 Reuter BEIJING China's metal industry is the latest state-owned giant to announce a major restructuring. promising to cut 330.000 jobs during the next seven years. But few if any of the workers to be laid off by the China
      Reuter  -  266 words
    • Article, Illustration
      55 4 Reuter HUIZHOU, China An endangered Asiatic Black Bear lying in a cage that has been its home for the past 10 years at a bear farm in the southern Chinese town of Huizhou. The bears are milked for the bile that is removed from their livers and used
      Reuter  -  55 words
    • 570 4 AP BLIJING China's leadership said yesterday that the nation is experiencing serious economic problems, but tried to allay fears that an austerity programme would slow growth dramatically. The message was carried in an editorial spread across the front page of the People's Daily <Renmin
      AP  -  570 words
    • 194 4 AFP TAIPEI Taiwan's Parliament yesterday reluctantly approved a U553.75 million (556.07 million) contribution to the Asian Development Bank (ADB), and demanded that the government fight against the island's redesignation as "Taipei, China". Lawmakers of the main opposition Democratic Progressive Party (DPP) and the ruling Kuomintang (KMT)
      AFP  -  194 words
    • 378 4  -  From Stephen Vines in HONGKONG JUST as Hongkong officials were quietly celebrating the end of the Vietnamese boat people influx, they have been alerted to a potential new flood of asylum seekers. Thousands of ethnic Chinese Vietnamese who settled
      378 words
    • 445 6 Intra-party feuding, outdated policies weaken party Reuter TOKYO Japan's elections should have been a golden chance for the Socialist Party to cash in on troubles dogging the government, but instead the leftists face a defeat even worse than that likely to be handed
      Reuter  -  445 words
    • 177 6 Reuter TOKYO The real rate of unemployment in Japan is not the official 2.5 per cent but closer to the 7 per cent of the United States and Germany, a research institute attached to a Japanese insurance company said yesterday. The Sumitomo-Life Research
      Reuter  -  177 words
    • 44 6 Reuter MT TAMAO, Cambodia Cambodian Head of State Prince Norodom Sihanouk planting a tree on Arbor day at Mt Tamao yesterday. Prince Sihanouk took time after a brief ceremony to visit a local temple and plant a tree. Reuter
      Reuter  -  44 words
    • 445 6 Reuter KARACHI Political uncertainty in Pakistan is taking its toll with the central bank trying to exaggerate the size of foreign reserves and businessmen anxious for the beleaguered government to show Jt is in charge. "Strong economic growth needs the right environment and
      Reuter  -  445 words
    • 339 6  -  From Rajendra Bajpai in NEW DELHI RUSSIA has assured India that it will go ahead and honour the US$25O-million (SS4OS million) deal to supply cryogenic rocket engines and also transfer the technology to India, the chief Indian negotiator said over the
      339 words
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  • Page 7 Advertisements
    • 214 7 Growth is the Natural Course With Technology Parks M m loimg birds nuzzle in the warmth and nurturing hand to ensure these enchanting Whether it is at the Singapore a B Jroi their nest, the pearl glitters and wonderful marvels flourish. Science Parte, TECHplace I and II V secure in
      214 words

  • THE WORLD
    • WORLD WATCH
      • 94 8 AFP MOGADISHU UN forces killed about 70 people yesterday when they attacked a meeting of aides of Somalia's main warlord. After the raid, an angry mob at the scene killed German photographer Hansi Kraus, who worked for the Associated Press (AP) news
        AFP  -  94 words
      • 152 8 AP KUWAIT Under extra heavy security. US Gen Colin Powell arrived in Kuwait on Sunday for his first visit to the emirate since a US-led coalition liberated the emirate from Iraqi occupation. Former President Bush was the target of an alleged Iraq-spon-sored assassination plot when he
        AP; Reuter  -  152 words
      • 116 8 Reuter PARIS French retail prices rose between 0.1 and 0.2 per cent in June when corrected for seasonal influences, the Economy Ministry said in a statement. It cited a fall in prices of fresh food like vegetables as well as textile products due to summer
        Reuter  -  116 words
      • 96 8 Reuter MADRID Spanish Prime Minister Felipe Gonzalez put the finishing touches to his cabinet on Sunday, but his hopes of establishing a broad-based government to tackle the country's economic recession have been dashed. A month after the June 6 general elections left Gonzalez's Socialists just short
        Reuter  -  96 words
    • 624 8 Emergency stimulus package seen as unnecessary NYT WASHINGTON Discouraged by recent weak economic reports, administration officials are nervous that President Clinton's deficit-reduction plan could slow the economy further. But they see no need for an emergency stimulus package because they are confident
      NYT  -  624 words
    • 42 8 Reuter HONOLULU President Clinton and his wife Hillary honouring those who died aboard the USS Arizona in the Japanese attack on Pearl Harbour by dropping wreaths into the water above the sunken remains of the ship on Sunday. Reuter
      Reuter  -  42 words
    • 322 8 IHT DRESDEN One of the lasting lessons of East Germany's costly conversion from a command to a social market economy is that privatisation seldom means automatic salvation. First, an ill-conceived currency union with West Germany, combined with notoriously low productivity, rendered most of
      IHT  -  322 words
    • 666 8 Reuter COPENHAGEN Copenhagen hopes to become the hub of a dynamic new Baltic economic region embracing eastern Denmark and southern Swedish provinces it lost in warfare hundreds of years ago. Swedish ambitions to join Denmark in the European Community in 1995 and a project
      Reuter  -  666 words
    • 311 8 Reuter LONDON British companies hardly raised their prices at all in june, official figures showed yesterday a sign that inflation remains subdued and the government may be able to cut interest rates again to help recovery along. The Central Statistical Office said non-seasonally-adjust-ed
      Reuter  -  311 words
    • 326 8 Reuter MOSCOW A 700-member constitutional assembly yesterday approved a draft constitution for post-Soviet Russia that President Boris Yeltsin said would guarantee the stability needed to continue economic reforms. Delegates voted 433 to 62 to approve the text, which will be presented to local parliaments for
      Reuter  -  326 words
    • 448 8 AFP. Reuter BAGHDAD Iraq has accused senior UN officials of engineering a dispute over missile testing to set it up for a fresh US-led military strike and Iraqis are preparing for the worst. Hundreds of chanting demonstrators turned out yesterday for what has become a
      AFP.; Reuter  -  448 words
  • Page 8 Advertisements
    • 54 8 Last year, fierce competition forced s y slems al sensible prices: ALR. a leading PC manufacturer to slash out more about the computer prices by as much as forty vj company even the big boys are One company led the drive for reacting to. Fax now quality personal computers and
      54 words

  • COMPANIES & MARKETS
    • 414 9  -  Firm setting up joint ventures in China and Indonesia By Joseph Rajendran SINGAPORE Main Board aspirant Rotary Engineering, which is expected to make its initial public offer today, has signed three deals to tap the booming regional market. The first, with Chinese government-linked Fushun
      414 words
    • 570 9  -  By Joyce Quek SINGAPORE OCBC Bank, Kim Eng Securities and Morgan Grenfell Asia have emerged as winners of Euromoney's Award of Excellence 1993 as best bank, best securities firm and best foreign financial institution active in Singapore, respectively. The winners were picked
      570 words
    • 242 9 Reuter KUALA LUMPUR Malaysian International Shipping Corp Bhd has signed a US$lOO million (S$ 162 million) term loan to part-finance its fleet expansion. officials said. The loan was jointly arranged by Malayan Banking Bhd (Maybank) and Bank Bumiputra Malaysia Bhd (BBMB) and is the
      Reuter  -  242 words
    • 711 9  -  HOCK LOCK SIEW Company may have clinched deals from Apple and IBM By Joseph Rajendran SINGAPORE From Apple Computer's layoffs in the US to IBM's plan to launch a low-cost PC in the US, such developments in the
      711 words
    • 248 9  -  By William Chia SINGAPORE The shareholding structure of Pacific Can Investment Holdings has changed dramatically with the sale by Associated Management Services of most of its stake. PacCan said yesterday that AMS sold 15.95 per cent of its holding, or 10.98 million shares, last
      248 words
    • 157 9 SINGAPORE Cassette maker General Magnetics yesterday tied up a $30 million loan with a consortium of eight banks led by Bank America Singapore. Gen Mag managing director Oh Loon Lian said at a signing ceremony at the Carlton hotel that about SIO million
      157 words
    • Article, Illustration
      377 9 Source: Bridge Info Performance of STII •s Index stocks Jul 12 Last St BSC Ia4rx Slock sale ChM factor i <$) A> imu 2040 -0020 1 66 1 38 CM 6 800 5 41 terehos 5.350 4 26 FAN i: not) -0 100 10 14 6 42 OF Asia
      Source: Bridge Info  -  377 words
    • COMPANIES
      • COMPANY BRIEFS
        • 73 10 SINGAPORE Shareholders of CDL Hotels New Zealand will be asked to approve the cancellation of 18.74 million shares at a general meeting on Aug 31. CDL says it has the option to either cancel or place out shares following the settlement of a court
          73 words
        • 57 10 SINGAPORE Swens Asia Pacific said yesterday its 99.99 per cent owned subsidiary Swensen's Ice Cream Factory (HK) had bought a Dutch company for Dfl 45,000. The firm, WAOG Beheermaatschappij Rotterdam, will be renamed ED Fairwood. It has paid-up capital of Dfl 40,000. Swens did not say
          57 words
        • 25 10 SINGAPORE Trading in shares of food group Bonvests Holdings and its manufacturing subsidiary Tonhow Industries was halted yesterday pending an announcement.
          25 words
        • 93 10 Bernama KUALA LUMPUR Metroplex Berhad expects to perform better in the current financial year ending Jan 31, 1994, and the years to come as more income generators are added, chairman Tengku ldris Shah Sultan Salahuddin Abdul Aziz says. Among them were the taking over of the
          Bernama  -  93 words
      • 432 10 UNIT TRUSTS FUNDS MaMfwv pricn Jul 13 Insurance Fwid Singapore Unit Trust jT "^V" 0 u. i« TIk Commerce I 12 139 IIMIMNIH The Savings Fund 1.19 1.25 PruLink Mgd Fund 1.14 1.20 S'pore Prog Fund 0.55 0.58 MIDI ItMiamli S'pore See Fund 0.88 0.92 S'pore Invest Fund 0.97 l.02xd
        432 words
      • 499 10  -  New chief is a director of the Communications Authority of Thailand From Loh Hui Yin in BANGKOK A SENIOR civil servant, Boonklee Plangsiri, has been recruited to head the Shinawatra group. He replaces Chirdsak Kukiatinun, who is quitting under what observers say
        499 words
      • 249 10 AFP MANILA Beer-based Philippine consumer giant San Miguel Corp (SMC) will appeal against a Supreme Court decision upholding the right of its main competitor to put out a look-alike brand, SMC spokesmen said yesterday. The motion will challenge last week's ruling
        AFP  -  249 words
      • 300 10 Reuter KUALA LUMPUR The new chief executive of Malaysian conglomerate Sime Darby Bhd said he would not make any immediate changes to the group's business direction or to the way it was managed. "My first priority is to build on
        Reuter  -  300 words
      • 424 10 Bernama KUALA LUMPUR Damansara Realty Bhd, formerly known as Kesang Corporation Bhd, yesterday gave several reasons for its consolidated loss before tax of M 521.24 million (5513.4 million) for the year ended June 30, 1992, against a forecast of a pre-tax profit
        Bernama  -  424 words
      • 363 11 AFP SYDNEY Australia's biggest food retailer Woolworths Ltd, made a stunning return to the share market yesterday, its shares closing at a 15 per cent premium after the biggest and most successful share float in Australian history. After a four year absence from the market,
        AFP; Reuter  -  363 words
      • 401 11 Reuter LONDON Britain's most popular daily newspaper, the raunchy tabloid Sun. slashed its price by 20 per cent on Sunday, prompting its biggest rival the Daily Mirror into an unprecedented counter-attack. After hearing that the Sun had cut its price by five
        Reuter  -  401 words
      • 236 11 Bloomberg Business News HONGKONG Conglomerate Wharf (Holdings) said its bid to buy out all shares in hotel group Harbour Centre Development Ltd was foiled by minority shareholders, who rejected the deal. Wharf had wanted to use Harbour Centre as its principal hotel
        Bloomberg Business News  -  236 words
      • COMPANY BRIEFS
        • 114 11 Bloomberg Business News TOKYO Isetan Co Ltd, the major department store operator, refused to pay a dividend to real estate developer Shuwa. Shuwa, which holds 22.9 per cent of outstanding shares of Isetan, might have received a dividend of 250 million yen. Isetan
          Bloomberg Business News  -  114 words
        • 54 11 AFP TOKYO Japan's Toshiba Corp said it has set up two new service centres in China, bringing the total number of its home electronic product service centres there to 25. The electrical machinery maker said the new centres were located in Jinan, Shandong Province, and
          AFP  -  54 words
        • 84 11 AP BEIJING Daqing Petrochemical Complex, one of China's largest state-run enterprises, will expand and renovate two of its major factories, the China Daily reported. The petrochemical factories are in the eastern part of Daqing in northeastern Heilongjiang province. The China Daily said the new petrochemical
          AP  -  84 words
        • 85 11 Bloomberg Business News WELLINGTON Financially-troubled New Zealand meat processing concern AfTco Ltd plans a major corporate restructuring and will seek additional capital in September, chairman Peter Jackson said. New Zealand's biggest processor announced that it will have to close two major plants in Taranaki
          Bloomberg Business News  -  85 words
        • 81 11 Bloomberg Business News NEW YORK China Tire Holdings Ltd, which filed on June 24 to sell 6.1 million initial shares, is expected this week to sell its initial offering between US$l3 and US$l5 a share, meaning the stock will have about the highest
          Bloomberg Business News  -  81 words
      • 347 11 AP MOUNTAIN VIEW, California Silicon Graphics Inc says it will unveil something that could spark a big shake-up in desktop computing an advanced yet moderately priced workstation with highperformance graphics and video capabilities. The company is also set to unveil a new operating
        AP  -  347 words
      • 372 11 AFP CANBERRA Media mogul Rupert Murdoch's bid to re-en-ter the Australian television industry did not contravene cross-media ownership rules, broadcasting regulators said yesterday. As a result, the Australian Broadcasting Authority (ABA) has no immediate intention of intervening over News Corporation
        AFP  -  372 words
    • CORPORATE FOCUS
      • 1514 12 The Union Paper story The Star KUALA LUMPUR There were several rumours that Union Paper Holdings Bhd (UPHB) was a subject of a reverse takeover, the first of which started as early as March this year and was linked to two national
        The Star  -  1,514 words
      • 839 12 The Star KUALA LUMPUR The euphoria surrounding the rise of Union Paper Holdings Bhd (UPHB) shares ended with a swift crash. On June 14, the counter, which had never attracted much attention from punters until several months earlier, became the talk
        The Star  -  839 words
      • 169 12 The Star KUALA LUMPUR There have been several cases where companies have had their shares "cornered" in the history of the KLSE. In January 1970, Federal Paper Products Bhd's share price shot up from M$l.9S to M 55.75 within two weeks, forcing
        The Star  -  169 words
      • 509 12 The Star KUALA LUMPUR The bulls that charged the Union Paper Holdings Bhd (UPHB) counter have left many investors bleeding in their trail. This is evident from the stories that are going around in the stock market. There are jokes about how the social
        The Star  -  509 words
    • FINANCE
      • 357 14 Reuter SHANGHAI China's central bank stepped forcefully into the Shanghai swap market yesterday to jack the yuan back up against the US dollar in what dealers said was a signal that Beijing is determined to keep influencing the rate. The yuan
        Reuter  -  357 words
      • 236 14 Knight-Ridder HONGKONG China's efforts to curb inflation and tighten credit have led to a fall in Hongkong dollar deposits, the South China Morning Post newspaper reported yesterday. Net liabilities of the Hongkong banking system to Chinese firms fell to HKS39 billion (SSB.I billion) during
        Knight-Ridder  -  236 words
      • 564 14 Reuter TOKYO The Long-Term Credit Bank of Japan Ltd (LTCB) said yesterday that it has decided to stop financial support for EIE International Corp, one of the country's most ambitious developers with property projects round the world. Banking
        Reuter  -  564 words
      • SMALL CHANGE
        • 62 14 Bernama KUALA LUMPUR Bancorp Holdings Ltd, New Zealand, an associate company of Public Bank Bhd, has agreed to merge its operations with another merchant bank. International Pacific Securities Ltd of Australia, effective on July 1, 1993. In a statement released here yesterday. Public Bank said the
          Bernama  -  62 words
        • 85 14 Bloomberg Business News NEW YORK United States bank stocks still have room to rise as regional financial institutions scramble to increase loan volume, Ken Schapiro of Condor Capital said in the latest issue of Barron's magazine. Banks have written off loans and earnings
          Bloomberg Business News  -  85 words
        • 63 14 Reuter TOKYO Japan's insurance markets are fully open to foreign companies, allowing them to compete with domestic firms under equal conditions. Finance Minister Yoshiro Hayashi said in a prepared speech to a symposium. In the speech read by ViceFinance Minister Jiro Saito yesterday, Mr Hayashi said
          Reuter  -  63 words
        • 74 14 Knight-Ridder SYDNEY Australian debt prices, led by short-dated bonds and bills, tumbled sharply at yesterday's opening after Prime Minister Paul Keating doused hopes of an immediate interest rate cut. In a Sunday television interview, Mr Keating said interest rate levels were not impeding the Australian economy and
          Knight-Ridder  -  74 words
        • 75 14 Reuter LONDON The French franc came under renewed attack during a busy European morning session yesterday with the market looking over its shoulder for central bank intervention. The focus swung to the franc last week as investors began to speculate that the French authorities
          Reuter  -  75 words
        • 54 14 Reuter LONDON The Securities and Futures Authority, which regulates all organised United Kingdom investment markets, said yesterday that it has appointed Richard Farrant chief executive. Mr Farrant takes up his post i i autumn. He is currently deputy head of Banking Supervision at the
          Reuter  -  54 words
        • 80 14 Reuter TOKYO The aggregate current loss of the nine foreign trust banks operating in Japan narrowed to about one billion yen (5514.8 million) in Fiscal 1993, about 500 million yen less than the previous year, the Nihon Keizai Shimbun newspaper said yesterday. A
          Reuter  -  80 words
      • 205 14 Knight-Ridder TOKYO Returns on asset management by Japan's 27 life insurance companies fell to the lowest level in the post-war period in fiscal 1992-93, the Life Insurance Association of Japan said yesterday. Association officials blamed the poor results on falling interest rates
        Knight-Ridder  -  205 words
      • 282 14 Reuter TAIPEI Taiwan, preparing to begin trade in foreign futures contracts, had received applications from 11 foreign and 15 local firms to set up futures brokerages when the deadline for applications closed yesterday. The Securities and Exchange Commission (SEC) said
        Reuter  -  282 words
      • 360 14 Reuter MELBOURNE: Westpac Banking Corp said it hopes to take advantage of rapid economic growth in Asia by offering banking services to Australian companies trading in the region. Managing director Robert Joss an American brought in to
        Reuter  -  360 words
      • 173 14 THE US dollar opened sharply higher yesterday, led by a surge in USi/yen. on news that the United States and Japan had reached a trade pact. The successful negotiation of an agreement took pressure off calls for yen appreciation. Against the Ss, the US$ opened
        173 words
      • 192 14 Bloomberg Business News LONDON The dollar climbed to a new 1993 high against the dcutschemark and advanced against the yen amid expectations of lower European interest rates and optimism about a trade pact between the US and Japan yesterday, traders said. The dollar set a new high for the
        Bloomberg Business News  -  192 words
      • 83 14 AFP NEW YORK The dollar gained ground in New York against other major currencies in quiet early trading yesterday. Gold meanwhile rose further, gaining US$2.6O from last Friday's close to reach U*****.20 an ounce. At 9:45 am, the dollar was at 1.7305 German marks from 1.7210 Friday, and
        AFP  -  83 words
      • Article, Illustration
        1573 14 IlaJr-Htithifd inJf >uk itlauJ ufuin\i S'pnrr\ tiift 14 naJinm partners Hu\t war HW.< US$/S$ forward rates Noon July 12 ss Bid Oder 1-month 1.6262 1.6277 2-month 1.6262 1.6277 J-month 1 6262 1.6277 6-month 1625* 1.6278 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 11m m Inly 12 Singapore dollars to
        1,573 words
    • COMMODITIES
      • 502 15 Reuter BONTANG. Indonesia Indonesia, the world's biggest supplier of liquefied natural gas (LNG), said yesterday that it would be able to meet demand for at least another 20 years despite last week's surprise cancellation of a huge offshore gas
        Reuter  -  502 words
      • 252 15 Reuter SEOUL A South Korean consortium has sold a 30 per cent stake of its right to explore oil off southern Vietnam to the Royal Dutch Shell group, a South Korean state oil company said yesterday. "This aims
        Reuter  -  252 words
      • 477 15 Knight-Ridder TOKYO Price offers from Taiwanese sellers of secondary aluminium alloy ingots to Japan are edging up amid steady import demand from Japanese end-users, trading sources here said yesterday. "Import demand is not falling but it isn't rising either, since (demand
        Knight-Ridder  -  477 words
      • 348 15 Bloomberg ENERGY REPORT NEW YORK Oil futures priccs in London and New York rebounded yesterday after United Nations weapons inspeetors left Iraq when officials refused to allow them to seal two missile sites over the weekend. The previous weekend. Iraq barred inspectors from fixing
        348 words
      • 227 15 Reuter NICOSIA Iranian President Akbar Hashemi Kafsanjani urged members of the Organisation of Petroleum Lxporting Countries to stiek to production and pricing accords. "Over-production or selling oil under the Opec bench prices will not benefit any of the (Opec) member countries
        Reuter  -  227 words
      • 138 15 Bloomberg Business News MELBOURNE Australian gold producer Niugini Mining Ltd said it has discovered further gold and base metals at its North-west Mungana prospect in the north of Queensland state. The company said that two drill holes into the deposit had hit
        Bloomberg Business News  -  138 words
    • COMMODITIES & FUTURES
      • 1441 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended higher yesterday helped by less concern over US inflation. Firmer treasuries in Friday's night session and a steadier dollar in Asian markets also gave impetus for intraday gains. Declines in gold prices and the Commodities Research
        Reuter  -  1,441 words
      • 701 16 COMMODITY REPORTS Tin TIN ended slightly lower yesterday with strong miners' selling matched by heavy European and Malaysian demand, traders said. Prices finished one cent down at MS 12.84 a kg. Volume was 113 tonnes, the year's highest. against 66 last Friday. Traders noted
        701 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 66 16 TOKYO The two Japanese affiliates of Indonesian national oil company Pertamina have asked to load a combined total of about 200,000 barrels per day of crude oil in August, traders said. Cooler-than-usual weather has reduced the demand for heavy, low-sulfur Indonesian crudes, which are
          66 words
        • 60 16 SINGAPORE Vietnam exported 800,000 tonnes of milled rice in Jan-June, up 30 per cent from a year earlier, the Vietnam Investment News has reported. The rise in exports occurred despite a fall in the country's rice output to 8.62 million tonnes in Jan-June, down 530,000
          60 words
        • 62 16 MANILA The Philippines Senate committee on agriculture yesterday declared illegal the planned importation by the Department of Food and Agriculture of 200,000 tonnes of rice from Thailand. The committee said in a report that the deal violates the Magna Carta of Small Farmers, which
          62 words
        • 46 16 SYDNEY Prices for Australian manufacturing beef exports to the US rose to the highest level since September 1990 last week in response to strong grinding demand for hamburger product, said Kerry Edwards, market analyst at the Australian Meat and Livestock Corp.
          46 words
    • 1662 16 Rubber July 12 HAS Ci—idK> Exctunt* (future* closing as at lpa) IMS (physical prices) RSS1 Contract (S cents/kg) Buyers Sellers lose Volume Open 12 (Scents/kg) Month High Low Sett (tonnes) Interest RSS 2 Aug 93 130.75 131.75N Aug 000 000 132 50 300 2?775 S55 j" 1 !5"7«
      1,662 words
    • REGIONAL STOCK MARKETS
      • 1210 17 18.9 The Australian share market powered through the key 1,800 level for the first time since October 1987 as investor demand spilled over from the successful Woolworths float. The All Ordinaries Index surged through 1,800 points in early trade and closed 18.9 points higher at 1,801.8. An extra three
        1,210 words
      • 441 17 -0.8 Across-the-board selling cancelled out an early two-point ad- vance and dragged stocks down to close a fraction lower in a day of featureless trading, brokers said. The Composite Stock Index ended 0.80 of a point lower at 769.07, off a day high of 772.68. "Selling pressure is due
        441 words
      • 542 17 -1.71 Share prices closed lower as investors took profits following last week's rally, brokers said. The Manila Composite Index closed at 1,629.79 points, 1.71 down from last Friday's 1,631.50. Makati mirrored the dip, shedding 7.75 points to close at 1,667.91. Brokers predicted profit-taking would last for a few days.
        542 words
      • 247 17 +3.19 The New Zealand share market revisited three year highs at the close, but most of the focus was on the flotation of Woolworths shares on the Australian Stock Exchange. The NZSE-40 Capital Index ended 3.19 points up at 1,726.85. Woolworths shares were issued at A 52.45 and
        247 words
      • 527 17 -0.88 Share prices finished mixed in a narrow range as investors turned cautious afler last Saturday's active trade, brokers said. The weighted index moved around Saturday's close before ending 0.88 point down at 4,078.71. Turnover shrank to a moderate NTS 16.34 billion from NT521.15 billion. Profit-taking alternated with slight
        527 words
      • 48 17 -33.73 Share prices dropped further in kerb trading as selling continued and the volume of trade remained small, brokers said. The Bombay Stock Exchange 30 L share Index closed at 2,181.10, down 33.73 points from Friday's close. The National Index lost 12.41 points to close at 1,026.36.
        48 words
    • WORLD STOCK MARKETS
      • 658 17 -12.3 Shares drifted to a weaker close in subdued trading yesterday, with investors sidelined ahead of a stream of UK economic data this week and after Wall Street failed to provide a lead, dealers said. The FTSE 100 Index edged down steadily to reach a session low of 2,827.1
        658 words
      • 125 17 +6.52 French shares changed direction in the afternoon and closed higher, boosted by foreign investors buying CAC-40 Index futures, dealers said. The market followed French bond futures and took heart from Bundesbank intervention to support the franc, they added. The CAC-40 Index ended up 6.52, or 0.33 per cent,
        125 words
      • 151 17 16.77 Belgian shares boosted by a strong dollar and sharp gains in Germany resumed their bullish trend and pushed the Bel-20 Index of leading shares to a new all-time high at the close in busy trade. The Bel-20 Index of leading shares closed 16.77 points, or 1.29 per cent,
        151 words
      • 115 17 +4 Italian stocks ended mixed with trading dominated by today's expiry of options accounts, traders said. Volume was thin, traders said, with many investors waiting for the end of the monthly account on Thursday. The Milan market's MIB Index rose 4 points to 1,205. Milan Jui> 12 Lire \sutilu
        115 words
      • 254 17 +0.1 After a sprightly start, Dutch shares eased back in thin, calm trade to end mixed just after Wall Street and London ducked into negative ground. The EOE Index closed up 0.10 points at 332.90. For many dealers, a light correction of recent record highs was in the air.
        254 words
      • 121 17 +0.99pc The surging dollar took Swedish shares to a higher close with the OMX-index, the top-16 index, the allshare index and the dollar crown exchange rate all ending at new year-highs, though below intraday peaks. The all-share index climbed 0.99 per cent to 1,112.75 in moderate turnover worth 755
        121 words
      • 198 17 +20.76 Share prices on the Frankfurt bourse have enough momentum to reach new highs after a brief consolidation on current levels. dealers said. The 30-share DAX Index closed yesterday's session 20.76 points higher at 1,818.17, almost at its intraday high. The index was at its highest closing level since
        198 words
      • 241 17 +3.95 Swiss shares closed firmer but off the day's high. Dealers saw the market little changed to firmer tomorrow. The broad SPI Index ended up 3.95 points at 1,520.43. The blue-chip SMI was up six points at 2,408.7. Dealers said the firmer dollar underpinned sentiment and many investors still
        241 words
      • 244 17 17.86 Stocks posted further gains in moderate midday dealings yesterday as the precious metals and energy sectors continued their recovery, traders said. The TSE 300 Index rose 17.86 points to 3,945.29 in turnover of 25.92 million shares valued at C 5268.54 million. Advances led declines 380 to 230, with
        244 words
      • 678 17 1.66 Blue-chip stocks were nearly unchanged yesterday as some profit-taking and reluctance to trade ahead of economic data kept values in a tight range. The Dow Jones Industrial Average was up 1.66 points to 3,522.72 at 1 pm EDT. In the broad market, advancing and declining issues were
        678 words
      • 322 17 -21 Gold shares ran into some selling pressure in afternoon trade after a morning rally as investors remained wary that bullion could retract further before staging a fresh assault on the US$4OO an ounce level. The JSE Industrial Index, in a continued scratch for direction, lost 21 points to
        322 words
      • 749 17 Britannia Funds Meiiiag Cask Bid Oiler Mim Cap Deposit M 6400 3* 6500 Mim Jeno Gill jO.INJ 0 l"W2 Mim Mat Income •***** ****** L'SS Cask Income Plus Fund *****0 *****0 PS Re*ne Fund 5 2100 5 2200 Needing Ljily Euro Performance .0 4M2 0443* Far Em Fund '21 1
        749 words
    • Article, Illustration
      3042 18 Reuter HONGKONG Share prices closed sharply lower on consistent selling by overseas institutions yesterday but losses were trimmed by late bargain hunting, brokers said. The Hang Seng Index eased 118.02 points or 1.67 per cent to finish at 6,952.59, after it plunged 167.25 points earlier. "The China factor became
      Reuter; Source: Bridge Info  -  3,042 words
    • Article, Illustration
      490 18 HONGKONG The CLSA All Share Index closed up over 200 points to 2,023.88 yesterday due to the sharp appreciation in the renminbi last week. The average of the weighted swap centre rates was up last week by 14 per cent in Shanghai and 15 per cent in Shenzhen. Without
      490 words
    • Article, Illustration
      2571 18 Bloomberg Business News TOKYO Japanese stocks advanced 0.5 per cent on renewed expectations for a Japanese discount rate cut yesterday, traders said. A late bout of computergenerated buy orders near the close also pushed stocks higher. Three listed stocks were suspended because of reports that their subsidiaries are facing
      Bloomberg Business News; Source: Bridge Info  -  2,571 words
    • Article, Illustration
      1777 18 Reuter BANGKOK Shares slid broadly in late afternoon on profit-taking, but the stock index ended only slightly lower on strong gains by Thai Airways International, brokers said. The SET Index closed 2.46 points lower at 905.18 on turnover of 6.41 billion baht. During the morning session. it rose to
      Reuter; Source: Bridge Info  -  1,777 words
    • Article, Illustration
      1085 18 Reuter JAKARTA Share prices closed lower in lacklustre trade yesterday, brokers said. The official index edged down 0.25 points to 359.42. "Big off-market deals provided today's volume but as a whole the market was featureless." a foreign brokerage dealer said. Cross deals of five million shares of Smart. 1.4
      Reuter; Source: Bridge Info  -  1,085 words
    • 2511 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Kcnong Bhd 50c 6.572.UOO Promo J.241.000 Mm Hvii 50c 2.9W.OOO F AC B 50c 2.704 000 Mulli-Purpose 1.797.000 Faber Group 1.777.000 Pcgi Msia 1.697.000 Bcrja\a Group I.5J4.000 kemayan 50c 1.492.000 Lkh Hoe I.JJ1.000 kamunting 50c 1.166.000 Innovcsl Bhd 959.000
      Source: Bridge Info  -  2,511 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5335 19 Bernama KUALA LUMPUR Share prices closed lower on the Kuala Lumpur Stock Exchange yesterday on poor buying interest. Reflecting the downtrend, the KLSE Composite slipped 5.23 points to 722.82 while the Emas Index was 2.39 points lower at 196.37. The KLSE Industrial Index was
        Bernama; Source: Bridge Info  -  5,335 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7432 20  -  By Paul Leo SINGAPORE The last-minute dumping of index stock Neptune Orient Lines was the main cause of a 20.45-point drop yesterday in the Straits Times Industrials Index (STII) to 1,777.16. The shipping counter traded above $1.70 most of the day. But just
        Source: Bridge Info  -  7,432 words
      • Article, Illustration
        71 20  -  HOT STOCK Paul Leo TAT LEE BANK yesterday broke through two supports at $3.20 and $3.14 to end at $3.08. It will head towards the next objective at $2.95 in the next few days. Punters can buy the stock at the level for a quick 20-cent profit
        SOURCE: BRIDGE INFO  -  71 words
  • Page 9 Advertisements
    • 116 9 X €B€L Voyager. The first automatic watch with a synchronized bezel that continually displays time in major cities of the world's 24 time zones. High-frequency mechanical movement. Extended idle 1 power-reserve. Rapid self-winding > y mechanism. (28*800 vibrations/hour). Three-piece case water-resistant to 30 i\ metres. Available with metal, hand- assembled
      116 words

  • Page 10 Advertisements
    • 1641 10 2.71(273) 2.72(255) 2.73(92) 2.74(27) 2.70(299) IMPI (5.10s) 5 00(39) 5.05(113) 5.10(216) HTC (XD) (4.04h 4.10s) 4.00(34) 4.02(2)4.04(16)4 06(5) Moda Holdings (2.99b 3.00s) 2.88(3) 2.90(43) 2.91(9) 2.92(6) 2.93(1) 2.94(28) 2.95(115) 2.96(1 19) 2.97(34) 2.98(104) 2.99(33) 3.02(2) 3.06(7) 3.08(10) 3.10(1) 3.00(38) MUI (3.52b 3.56s) 3.48(2) 3.50(501) 3.52(1243) 3 56(1683) 3.58(594) 3.60(706) 3.62(606)
      1,641 words

  • Page 11 Advertisements
    • 259 11 Join The Bold Thrust Towards New Frontiers SSSSSSSSSSSS tm The Showcase For I.T. Innovators World Trade Centre (HaUs 1,2,3 6); December 9-12,1993 fjm SITEX '93 provides exhibitors with an unique opportunity to unleash the full potential of 11. power and to address niche markets. The options available are many. One
      259 words

  • Page 12 Advertisements
    • 164 12 mTI i m 11 1 7 This is a highly innovative 18-month I T I Innovations Strengths distance teaching postgraduate specialist I programme. It is designed to prepare specialist MBA in Investment and ambitious managers and executives tor Finance in the region more effective specialist management WW J FIRST to
      164 words



  • Page 15 Advertisements
    • 172 15 Presents an Exhibition on I La Fontaine I A Masterpiece of Villa Homes I the new prestige residential development on the I GOLD COAST, AUSTRALIA I "La Fontaine" is an exceptional, secure You are invited to preview details and I residential enclave of architect designed the display of this truly
      172 words
    • 196 15 O (Dorie France Bodvline \L J Anniversary Celebration Special! Now till end of July Simply call for an appointment \and present the cut-out coupon to take advantage of the benefits now. 1. FREE! One free consultation and Fat Percentage reading 2. FREE! Gift set comprising Herbal Bodycream (30 ml) Body
      196 words

  • Page 16 Advertisements
    • 124 16 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 3 ISLE OF MAN BAHAMAS JERSEY a BELIZE LIBERIA a COOK ISLANDS MADEIRA O DELAWARE D MAURITIUS C
      124 words
    • 36 16 As and when the latest London/ Rotterdam prices are not available, the previoas trading day's closing Figures are carried instead iSSSJ® E offers Bp the most Bs current If list of J o tt= opportunities avciilQbte'
      36 words


  • Page 18 Advertisements
    • 143 18 Saving on laser printing costs is easy with Laser Care Toner Cartridges they're 40% cheaper with no loss in quality! That's because of our OHM* process, plus the fact that we deal direct with our customers. You'll also achieve up to 5,000 copies per cartridge, versus the normal 4,000, thanks
      143 words

  • Page 19 Advertisements
    • 39 19 With over 170 million cards honoured ir 0 million establishments, MasterCard puts^^^ BiiiSH w H) e wor < m y° ur hands. And it gives easy access to cash ald(Xliß(X|baii^brari^^^^K YOU'VE GOT THE WHOLE WORLD ATMS WOrfdwide. IN YOUR HANDS-
      39 words

  • Page 20 Advertisements
    • 141 20 Saving on laser printing costs is easy with Laser Care Toner Cartridges they're 40% cheaper with no loss in quality! That's because of our OEM* process, plus the fact that we deal direct with our customers.. You'll also achieve up to 5,000 copies per cartridge, versus the normal 4,000, thanks
      141 words

  • SPORTS
    • 563 21 Golf NYT ENGLEWOOD, Colorado At a time when the greatest career in golf seemed on the verge of ending with a whimper, Jack Nicklaus produced at least one more resonant bang on Sunday in winning the 14th US Senior Open
      NYT  -  563 words
    • 508 21 AP SILVERSTONE, England Michael Andretti got his best Formula One start ever and still didn't get past the first bend. Damon Hill had the lead, 70,000 fans roaring him on and still didn't triumph in the race his world champion father
      AP; Reuter  -  508 words
    • SPORT SHORTS
      • Article, Illustration
        263 21 Reuter NEW YORK American League Sunday: Chicago 11 Baltimore 5: Texas 11 Toronto 6; Milwaukee 5 Minnesota 4; Kansas City 6 Detroit 2; California 3 NY 2 (in 14); Boston 3 Oakland 2; Seattle 5 Cleveland 4 (in 11). Standings (won, lost, winning percentage and games back of first
        Reuter  -  263 words
      • Article, Illustration
        135 21 Reuter CLEVELAND Grand Prix of Cleveland IndyCar race leading results Sunday (LS unless noted): 1. Paul Tracv (Can) Penske-Chevro-Ict. 85 laps. 205.879 kph 2. Emerson Filtipaldi (Bra) Penske-Chevrolet. 85 laps 3. Nigel Mansell (GB) Ford-Cosworth. 85 laps 4. Stefan Johansson (Swc) Pcnskc-Chevrolet. 84 laps 5. Mario Andretti. Ford-Cosworth.
        Reuter  -  135 words
      • Article, Illustration
        96 21 AFP AFP AFP NEWPORT, Rhode Island Hall of Fame Classic finals Sunda> seed) Singles: Circg Rusedski (Can) h Javier Frana (Arg x 3) 7-5 6-7 (11-9) 7-6 (7-5). l>oubles: Frana/Christo Van Rensburg (SA x 2) b Bvron Black (Zim)/Jim Pugh (US \4) 4-6 6-1 7-6 (9-7). AFP GST A
        AFP  -  96 words
      • Article, Illustration
        407 21 AFP AP Reuter Reuter SANDWICH, England Christy O'Connor junior, joint third in the last British Open to be held here eight years ago. blasted the tournament's exemption rules on his return to Royal St George's on Sunday. The 44-year-old Irishman, who avoided the two-dav qualifying competition by finishing seventh
        AFP; AP; Reuter  -  407 words
      • Article, Illustration
        213 21 AFP SYDNEY Australian captain Michael Lynagh is in hospital with a lymph node inlection and is out of the revamped Wallaby team for Saturday's Bledisloe up Test match against New Zealand in Dunedin. Lynagh. replaced at five eighth by debutant 19-year-old Pat Howard. was taken to hospital here late
        AFP  -  213 words
    • 639 21 AP DALLAS It's every duffer's dream: owning a famous golf course and resort such as California's PGA West or Florida's Palm Beach Polo and Country Club. Or how about the luxurious Kiawah Island resort in South Carolina? Those golfing meccas.
      AP  -  639 words
    • 394 21 AP HOWLAND, Ohio Nancy Lopez eagled the 18th to force a playoff with Deb Richard, then birdied the same hole in the playoff to win the Youngs-town-Warren LPGA Classic on Sunday. The victory was the first of the year for the US LPGA Hall of Famer
      AP  -  394 words
  • Page 21 Advertisements
    • 317 21 THE WINNING EDGE IN-DEPIH /BS|/ BUSINESS Mfc/ YY or over two decades Singapore Business has covered A J; the local and regional business scenes with more depth and breadth from a perspective which is more relevant to local businessmen than any other publication. Some may call it an unfair advantage.
      317 words

  • Page 22 Advertisements
    • 766 22 Nothing Bcflts A Dude WHERE TO WINE f dine and entertain OF Co— on*»«««o V*««r d-A d— out n Hour, tpm -V No d M Man Im. .On Smut*y. op« from 7p«n »"n AJVtVYWf Son** band H*r» T«» «0 «■< ro«i ha from v* &EVW_„ Plaza H^gg. SINGAPORE CHINESE WONDERS
      766 words
    • 315 22 Fancy Beijing? Then, we're delighted lo suggest the Pine Court for a memorable dining experience. Try our Beijing specialities such as Baked Tench, Beijing Duck and y Marinated Lamb and our lunch menu of Beijing dian xin. aa».i To add to your enjoyment, DfnO all these are well within your
      315 words

  • LIFESTYLE
    • 897 23  -  James Ingram says that although many people know his songs, only a few can connect them with him. Shahiron Sahari reveals the singer's plans to correct the situation Shahiron Sahari JAMES INGRAM'S latest album. Always You. is more than just about "that first
      Photo by Alphonso Chan  -  897 words
    • 425 23 CHATTERBOX Reuter Reuter Reuter Reuter AP BARBRA STREISAND'S appearances in Washington have been stirring up speculation that a political career may be on her horizon, and her friendship with tennis star Andre Agassi has been raising a few eyebrows. But none of this means
      Reuter; AP  -  425 words
  • Page 23 Advertisements
    • 248 23 Food for thought. The Smart Lunch or Dinner at Capers is simply the wisest choice in town. Select your appetizers from the Buffet of hot and cold starters. Then, a choice of entree, local or western. And of course, freshly brewed coffee or tea just the way you like it.
      248 words
  • Page 23 Miscellaneous
    • 1191 23 I TV RADIO The King of Comedy, 10.30pm, This creepy come- Martin Scorsese JH^H| Robert IX- Niro a nerd who L V V S is desperate to into 8 <4 H w m A JP( M| appearing on a K -mt When Promised land, 8.30pm, TV2 BV Bleak view of
      1,191 words

  • Page 24 Advertisements
    • 90 24 I 4 JUNE 1996 AWARD WINNER 1992 WORLD TOWN PLANNING DAY' I FIRST 18 HOLES READY FOR PLAY AT MERSING HILLS GOLF COUNTRY CLUB. I vi JOIN 1 CLUB USE 2 CLUBS I •Transferable memberships! I jfjh-'AlSi^r.fiicTOPW^/' l r< £»v *»~T. AC <£>t?'.- **fc :;<>> 'f? Foreign Individual (RM30.000) or
      90 words

  • PROPERTY & CONSTRUCTION
    • 1092 25  -  Kooi Cho Teng examines property bigwigs' interest in what has so far been the poor cousin of the hotel industry Kooi Cho Teng THE service apartment industry, a sort of poor cousin of the hotel and residential sectors, will soon take on a higher profile.
      Photo by Arthur Lee; Source: Knight Frank Cheong Hock Chye &  -  1,092 words
    • 508 25 But hotel, commercial, industrial properties buoyant Australian Financial Review IN STARK contrast to the rest of southern China's booming property market, the residential sector has cooled off in the last six months, according to the latest research from Colliers Jardine. Most of the
      Australian Financial Review  -  508 words
    • 313 25 Selected ERA transactions in wa past iww jg&lM, DWrta I 1 1 *wT* I 1 Tsf PRIVATE T Aug 7,93 I 0208 Spottiswoode Apt Apt 592 FH j 295.000 496 Jul 7,93 I 0719 [Textile Ctr Apt 900 99 i Jul 8 93 1 0821 Euro-AsiaApt Apt 1163
      313 words
    • REGIONAL SKYLINE
      • 92 25 SINGAPORE Melbourne hotels stand to gain from a big increase in visitors from China, says Colliers Jardine. The main thrust will come from Chinese businessmen visiting the city in search of partners in the fields of manufacturing and technology, it says. Colliers Jardine recently
        92 words
      • 77 25 SINGAPORE Hotel consultant Horwath Horwath has set up a new hospitality unit in Sydney. Australia. The venture, Horwath Hotel Operations, will provide operation and financial advice to hoteliers. Horwath Horwath's recent roles have included acting as receiver and manager for Eden-on-the-Park and Southern Cross hotels
        77 words
      • 132 25 Australian Financial Review SYDNEY IBM is reported to be close to selling its 26-ha Australian headquarters in Sydney's West Pennant Hills in a multi-million dollar leaseback deal. Although the identity of the buyer has not been divulged, sources say the deal is estimated
        Australian Financial Review  -  132 words
    • 208 25 ORANGE GROVE Road is the latest choice area for the development of service apartments. Latest checks show that at least four new projects in the area have been slated for such developments yielding a total of 276 units on completion. The
      208 words
  • Page 25 Advertisements
    • 64 25 TRUSTEE'S SALE BY TENDER Prime Bungalow Development site Existing 1 1/2-storey detached house Site Area of 41,852 sq ft approx. FREEHOLD Closing Date: 26th July 1993, 4:oopm. For more information and tender documents, please contact: Joint Sole-Marketing Agents: 10 ANSON ROAD *06-11 INTERNATIONAL PIAZA 5C0207) HjflfHH LYNN/ANNIE-223 2323 ERIC CHEONG
      64 words
    • 213 25 FOR LEASE Breakfast in a garden tenace overlooking the curvilinear swimming pool, and listen to the waterfall gently cascading into a Balineseinspired sunken courtyard and a lily pool set amidst rich tropical foliage. Enjoy resort-style facilities that come with a full-time Manager. Facilities Co ordinator and exemplary concierge service. Your
      213 words

  • 548 26 EDITORIAL IT WAS a week of diplomatic niceties in Tokyo. The G-7 leaders did everything to present a united front last week. The final communique on economic matters was opaque enough for every leader to go home happy. Indeed, vague declarations are the
    548 words
  • WHAT THE OTHERS SAY
    • 262 26 THE MIGRATION OF people from poorer countries to rich ones has been a boon for the developing world, bringing remittances that now exceed the total amount of foreign aid it receives. These are economic migrants, who have contributed to the growth of their host
      262 words
    • 193 26 THE RECENT SURVEY by the Association of Muslim Professionals (AMP) and National Institute of Education (NIE) revealed a pleasantly surprising fact about Malay-Muslim students. It showed that out of 1.313 students surveyed, 138 or 10.5 per cent are high-performers. This percentage is considered high. The
      193 words
    • 158 26 EVERY NATION hopes to speed up the revival of the world economy. But present developments show that the era where world economic revival depends only on the willingness and cooperation of leaders of the few industrialised nations is long gone. According to figures by the International
      158 words
    • 151 26 WHENEVER Hongkong's businessmen get together and discuss the future of the territory as a centre for finance and trade, it will not be long betore talks turn to the one thing they fear as much as a world recession: corruption. The presence of so many malpractices just across
      151 words
    • 235 26 YES, THIS we have to wait and see, don't we? We are referring to the end of the Cold War between the US and the Soviet Union and the disintegration of the communist giant after a grip of 70 years on world affairs. Now you see
      235 words
  • 901 26  -  John Vinocur feels France's growing protectionism and xenophobia are closing it off and killing the myth of its universality John Vinocur IHT WHLN THE armour clanks and the cymbals crash and the republic boats its drum marching down the Champs-Elysces on July 14. who
    IHT  -  901 words
  • Page 26 Advertisements
    • 144 26 Personal Investment and Finance Supplement 93 I i Money makes money. Let the experts tell you what, where and how. Don't miss this year's supplement: "Investing around the World". There is plenty of money-making topics, including: Stocking up stocks experts review opportunities in Singapore, Malaysia, Thailand, Indonesia, India, Australia, US,
      144 words
  • Page 26 Miscellaneous
    • 93 26 (Excise noy 1 wcfceoßLfc.' CAR WAS OM. ixGS BATT£R\/ IS PLAT.. travgxlgd SO FAST ULP °'°o MUST GGT IH e>EFO«e FODGe )i SofcLJml o-rueßuasf. -wcrc'll Be ~WJ§ vv^^;^fpu) Hei-L TO PPsW -Ifil IPISJ C ASSOCIATED NEWSPAPERS LTD IM2 1M) DOONESBURY GARRY TRUDEAU >m aiAjkAcD cAirmcv k SO WHAT'S THE |OH
      93 words

  • ANALYSIS
    • 1224 27  -  It has been described as a waste of time and resources, but at last week's G-7 Summit, Tokyo Correspondent Anthony Rowley discovered a new-found spirit of international cooperation Anthony Rowley LAST WEEK'S G-7 Summit gave a remarkable and sorely needed boost to the spirit of multilateralism. But
      1,224 words
    • 1278 27  -  Russia needs and deserves Western aid. But aiding Russia cannot be a quick fix; it has to be a lone-term undertaking, writes Zbigniew Brzezinski Zbigniew Brzezinski The writer was National Security Adviser under President JimmyCarter. The author of many books, his most recent work
      Global Viewpoint  -  1,278 words
    • 755 27  -  Washington and Tokyo reached a basic trade agreement on Saturday, just a week ahead of Japan's parliamentary elections. Andrew Pollack wonders how a new government, if it comes into power, will treat the accord Andrew Pollack THE POLITICAL TURMOIL in Japan was supposed to have
      755 words
  • Page 27 Advertisements
    • 282 27 A practical kiformttion-fiictod briefing for af property professionals, developers and financiers Regional 31 AM** Hilton International Singapore PROFVRTy DEVKLOPMINT FINANCING Timed to assess and evaluate the growino regionalisation in property development, this one day conference will examine the latest pricing patterns, project opportunities and contractual options available for all property
      282 words

  • 437 28 Reuter BEIJING The Chinese government has ordered a crackdown on illegal speculation and over-investment in real estate, which one senior official said yesterday was "out of control". official media reported. In a sharp departure from previous practice, which relied mainly on administrative coercion and
    Reuter  -  437 words
  • 226 28 Reuter BEIJING Chinese are flocking to banks in record numbers to lock in sharply higher deposit interest rates, ordered at the weekend to curb inflation and cool the sizzling economy. State television reported yesterday that Beijing residents broke the Chinese capital's one-day
    Reuter  -  226 words
  • 29 28 Reuter SHANGHAI Pedestrians passing the onion domes of the former Russian Orthodox Cathedral in Shanghai, now home to the 'New Happiness Stock Brokerage'. Reuter
    Reuter  -  29 words
  • 351 28 Reuter, AFP BEIJING China has launched a major crackdown on tax cheats, targeting fraudulent foreign investors, dishonest exporters and corrupt tax departments who deprive the government of millions of dollars. The Xinhua news agency said yesterday that the government had cracked a
    Reuter,; AFP  -  351 words
  • 181 28 Reuter GENEVA The European Community yesterday urged Asian and other states to eome up with new trade offers in order to clear the way for an international treaty lowering tariff barriers and opening markets by the end of the year. At the
    Reuter  -  181 words
  • 413 28 AFP, AP TOKYO Discord between Japan and the United States has emerged over a Japan-US trade framework as bureaucrats here oppose US officials' translation of some terms into specific numbers. Deputy Foreign Minister Koichiro Matsuura said yesterday that Japan did not agree to cut
    AFP,; AP  -  413 words
  • 555 28 AFP BRUSSELS European Community countries have been warned about the amount and increase of their debts and urged to cut public deficits rather than seek quick routes to economic growth. The EC's Economic Policy Committee and the Committee of Central Bank Governors
    AFP  -  555 words
  • 656 28  -  The Bottom Line CATHERINE ONG CATHERINE ONG The writer is BT's Hongkong correspondent BANKING is getting to be a pretty hazardous profession in China these days. A few corrupt bank officers have been executed or jailed for life recently as the government cracks
    656 words
  • 196 28 AFP, Reuter TOKYO Some 30 people were feared dead or injured after two strong earthquakes rocked northern Japan late yesterday, collapsing buildings and sending tidal waves smashing ashore. The first tremor, which shook northern Japan at 1317 GMT, measured 7.8 on the Richter
    AFP,; Reuter  -  196 words
  • Page 28 Advertisements
    • 58 28 Singapore s most popular Nitsukofm Telephone System J 4 PRIME FREEHOLD EN-BLOC CONDOMINIUM HOLLAND ROAD DISTRICT 10 FOR SALE BY TENDER 12-storey apartment block Total strata floor area of 60,000 sf Tenanted with good return Potential for value-added improvement Closing Date 5 August '93 at 3 pm For further information
      58 words
    • 343 28 i SINGAPORE com GZ Distributor of the most sought after M Key Telephone System Tel: 278 7088 J I A two day seminar on H .Financial Derivatives Accounting, tax, regulation and control issues I As Financial Derivatives become more common in Singapore, the number of issues with respect to these
      343 words

  • Shipping Times
    • 320 29  -  By Juliette Walker SINGAPORE Shipping lines on the Far East-Europe service have taken advantage of the peak season to hoist westbound freight rates. Members of the Asia Westbound Rate Agreement (Awra) lifted the rate on a 20-foot container by US$l5O (*****) from July 1.
      320 words
    • 709 29 Lloyd's List WASHINGTON The Shipbuilders Council of America hafr expressed outrage over a financing proposal made to American President Lines by the German state reconstruction bank, Kreditanstalt fur Wiederaufbau (KfW) which the SCA says revealed "a dangerous potential trend". The
      Lloyd's List  -  709 words
    • 863 29 Page Col ABC Containerize 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
      863 words
    • 255 29 Fairpby BOMBAY One company which improved its financial position in 1992/93 was Bombaybased Shipping Credit and Investment Company of India, the country's leading ship finance organisation. SCICI made a pre-tax profit of 863.4 million rupees (SS44 million) last year compared with 862.1 million
      Fairpby  -  255 words
    • 372 29  -  By Rahita Elias SINGAPORE National carrier Neptune Orient Lines will buy four new containerships costing a total of USS2BO million (*****.6 million). The company sealed a deal yesterday with Samsung Heavy Industries of Korea for a quartet of Panama* vessels that can
      372 words
    • 264 29 International Transport Journal BASEL, Switzerland In a television interview in Copenhagen, Maersk McKinney Moller confirmed that at the end of this month, shortly before his 80th birthday, he will retire as chief executive of the A P Moller Group. His successor is 48-year-old
      International Transport Journal  -  264 words
    • SHIPS IN PORT
      • 464 30 Vwnt Hi N» kik*t P«tHrtut Vwsd ¥«y Wo Bwth fcihal Ptpartae JlOTMIg P»rt Mm 19 6/93 P02 aiongsde }^/[500 Otn Sempurna 14 93 I4/5 alongside 1307 2300 Saw* Had FE022 TO7 alongsA 1307/ WO Inn Valour 112 atowde 13 07/0100 Seanur 1293 P04 alongside 12 07 1800
        464 words
      • 1511 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Booking/Balance Rdts Ship Voy No Etb/Btr Period From To From Au Smn 74A 14/1500 1 12/1500 12/1659 12/1900 3 13/0700 13/1159 13/1*00 4 13/1200 13/1459 13/1W0 Aft ColwnlM 20A 14/1700 2
        1,511 words
    • 10438 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,438 words
    • 3324 43 Containerline NV': Belsin Shpg I Agencies Pte Ltd (SV Marine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord C'ontr Line (PK/PN). Aikris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Alb«tros Sea-Air Service: Frata Shpg Pte Ud <S).
      3,324 words
    • 267 43 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Intel Td: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80 Ainwift Worldwide Courier Tel: 278-0188. Fxx: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Liak International Tel: 344-3377. Fax: 345-6450. Cluster Liuk Supplies A Services
      267 words
    • 1482 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Aeroliak Freight International Td: 545-8031 Fax: *****05. Td"542-5911. Fax: *****18. Air Cargo No«o Express Tel: 542-5454 Fax: *****06. Air Express International Td: 542-7666 Fax: *****74. *****50. Air Market Express
      1,482 words
    • 2100 44 ALBANIA Duress: Nine vessels in port of which 1 each discharging rice, tractors, tyres, coke, sugar, 3 discharging wheat, 1 loading copper cathodes. ANGOLA i Miwh- Port operating normally. All berths occupied, no serious congestion for any class of vessel maximum wait about one day. Lobito: Port operating
      2,100 words
    • 1159 44 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  -  1,159 words
    • 554 44 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL6I7 B747F 0345 I TYO KAL
      554 words
    • 276 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Nam of Vessel ETA Ports of Calls Port Agent Telephone No JULY IS IS Continental World 1400 2100 Sin-Jakarta Lauw Sons Travel 227-8284 16 16 Coral Princess 1700 2030 Cruise to Nowhere Semjon Agencies 227-8284 18 18 Coral Princess 1100 1500 Cruise to Nowhere
      276 words
    • 950 45 FREIGHT rates were generally lower but freight futures bounced back, supported by some demand pockets seen in the physical market and a slight advance in US Gulf/Japan heavy grain rates, brokers said. The BFI fell eight points to 1,385 on July 9 against July B's setting at 1,393,
      950 words
    • 929 45 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 td: 253-7550 or fax: 253-2303. Title: Portnet for Hauliers Duration: July 17
      929 words
    • 1091 46  -  This is the first of a two-part report by John Fossey on the US carrier's aggressive expansion into Asia. Part II will be published tomorrow John Fossey Containerisation International The creation of Guangdong Orient Trucking (GOT), a joint venture between SeaLand's wholly-owned Hongkong-based container
      Containerisation International  -  1,091 words
    • AIR AND LAND TRANSPORT NEWS
      • 465 48 Pact may end speculation that US carrier filing for bankruptcy AP MINNEAPOLIS Northwest Airlines and the Machinists' union, under pressure from Washington, reached tentative agreement on Sunday on a concessions package aimed at keeping the US' fourth largest carrier out of bankruptcy. The agreement
        AP  -  465 words
      • 585 48 NYT NEW YORK During last summer's air-fare war, vacationers took whimsical trips and business travellers elbowed their way onto formerly peaceable flights suddenly crammed with novice flyers. Though that low-price airlift is now a memory, the fare war
        NYT  -  585 words
      • LOG BOOK
        • 89 48 Reuter TOKYO The Tokyo Stock Exchange (TSE) said yesterday it suspended trading in shipowner Sea-Com Corp shares after newspaper reports that the firm's banks had decided to stop giving financial support. A TSE official said the company is expected to give a news conference later yesterday.
          Reuter  -  89 words
        • 60 48 Reuter JERUSALEM Israeli Airport Authority workers ended a strike at Israel's main international Ben Gurion airport 90 minutes after it began on Sunday, Israel Radio said. Committee chairman Pinchas Edan was quoted as saying the action was intended only as a symbolic gesture in solidarity
          Reuter  -  60 words
        • 88 48 Bloomberg Business News NEW YORK Chrysler Corp's stock was named as one of the largest-held issue by two money managers G Henneth Heebner who manages CGM Capital Development and George Vanderheiden who runs Fidelity Destiny I the New York Times reported. Mr Heebner, who has
          Bloomberg Business News  -  88 words
        • 72 48 AFP BEIJING Tianjin. China's third largest city, and Oriental Real Estate and Investment Co Ltd of Hongkong have signed a deal to build a US$5OO million (SSBIO million) high-speed light railway linking downtown Tianjin to nearby Tanggu harbour, the Xinhua news agency said. A
          AFP  -  72 words
        • 79 48 Reuter BEIJING China's railways managed to carry only 1.3 per cent more freight in June than they did a year earlier, even though industrial production shot up a record 30.2 per cent, official reports said. China transported a record 765.81 million tonnes of rail freight
          Reuter  -  79 words
        • 43 48 SINGAPORE In yesterday's story, "HK shipowner places two more vessels under S'pore flag", it was reported that the vessel CSK Tribute was 16,000 deadweight tonnes. The correct size of the vessel is 160,000 dwt. We are sorry for the error.
          43 words
      • 379 48 NYT DETROIT The purchasing and production chief of Volkswagen AG (VW has labelled as false reports that the company has cancelled plans for a new car assembly plant in the Basque region of Spain. In a telephone interview on Saturday,
        NYT  -  379 words
      • 1648 48 ag nm rr> nw n»_ eg nm m ni_ HfcM GA893 1630 GA974 1940 6—Ml SRI83 2105 IkdtUidt QF81 1930 QF82 2055 Cuplw* CA978 0930 AmttnlM« GA895 1435 SQ320 1100 Kaadyai MI893 1810 MI894 1430 KL837 1445 GA974 1940 TG407 2015 SQ323 1725 KL838 2310 VN741
        1,648 words
      • 498 48 AFP BRUSSELS The European Community, its car industry mired in the worst slump in decades, yesterday faced the tough task of trying to persuade Japan to accept new cuts in its car exports to the EC. Negotiators from the EC and Japan's
        AFP  -  498 words
  • Page 29 Advertisements
    • 6 29 yfStlß^j^yJ us M I I GWFINKWETj^4MIM|
      6 words
    • 29 29 Lints and ssoricss rtprassntsd by Msmbsrs of ths Rsgistry of Accrsdstsd fe JHE& Shipping Agsnts, Singapore ViSmW National Shipping Association xSy For advertising enquiries, contact Shipping Trim: Tel 740-*****740-2090
      29 words
    • 45 29 International Freight Forwarder EUROPE LCL FCL Services M+R FORWARDING PTE LTD Sea-Land steams ahead into the Orient, Pg 18 Northwest, machinists reach tentative labour accord, Back Pg nv* TIC-TECH-TOE To avoid stalemates, try some fresh strategies. Innovation Technology. Every Thursday. Singapore m Business Times •EORW/UH
      45 words

  • Page 30 Advertisements
    • 449 30 I 13/1200 13/ MM 13/1/00 TSKUNE AGENOES (S) PTE. LTD. T V fmTp Tel: 226-3363 tggj 1 LINE TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I —Si ftt —tea —in —Si at m —km —uf no m as Si Si fyy m 9 i—J2L— i 7i I n. uma i<
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    • 1177 30 Ui <W I J/WW I m I^M 1 1 a r STpTT ayT«S«PM: IT [TckT jQB M MBTMttl MM NtPTLM AMKR 1« 1415 7 317 I 2*41 SI 31 I*|4* SI 7* NUOVA TMSTE UUI I It/7 I 2/1 I i/t I l/» I 111 I 12/1 I 11/1 14/1
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  • Page 31 Advertisements
    • 2155 31 MffiSMHT* h mho DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) FAX I CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 "P™ T EL. *****3/41 F/0(. M 2706 CFS (PSA F5) TEL: *****21/ *****79 07 *****0 FAX 07 *****9 CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL. 07-*****0 FAX. 07 T—' CR NUMBER: **********0
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    • 1865 31 ■QEBHsasaa FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS LEXA MAERSK V.9308 ETA SIN 22ND JULY 93 JERVIS BAY V.5015 ETA SIN 24TH JULY 93 Vmml Voy ETA ETO Feede by BL ,ort DESTINATIONS This NMk MAACHCN MAERSK 9306 HWTiIWIWT cr 20/07 omo mrs mKM CFS 19/07 2359 MRS JOM LP* PEN OAK LOB
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    • 1574 32 AOABA R OAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEPOAH (VIA JED) STON H'BURG A WERP HAVRE MALAYSIA KASUGA I 27/127 15/7 31/7 3/8 1/0 Por, Kelang. Penang LEVERKUSEN EXPRESS 13/327 17/7 26/7 1/8 4/8 7/» 9/8 11/8 PasJr Gudartfl FRANKFURT EXPRESS 68/128 21/7 7/8 10/8 8/8 EAST
      1,574 words
    • 539 32 FCL Breakbulk Service to: I AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aR services I C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, I Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata I North Korea Vietnam Mongolia e Hungary CSFR e Poland ocr<s>Trans AGENCIES (FAR EAST) LTP NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Fwdsr V——l
      539 words
    • 1130 32 WSM miasm un regular independent full CONTAINER SERVICE VsHIJoY^^^^^BIN'Jo>CL^VAL^HAHAMBre#ROrARTrFEL^ NORASIA MUBARAK 9326-3 15/07 07/08 14/01 15/01 11/Ot 12/Ot 13/06 14/01 16/01 15/06 I NORASM AL MANSOORAH 9327-3 22/07 11/06 12/06 13/06 14/06 15/06 16/06 17/06 16/06 19/06 I NORASIA PRMCESS 9326-3 29/07 21/06 27/06 26/06 24/06 24/06 25/06 26/06 27/06
      1,130 words

  • Page 33 Advertisements
    • 1988 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 MEW QUINgA PACIFIC UHB lUUiflKEßillaillßiittiAUUJftMAttUiiliaH /Svstf (A smvK* of chma navigation cot accepts Kjfflry CARGO DUE SALS RAJAH BROOKE Vl7l Muwi. lab 12-13 U 14 M 15 U F CL. LCL COMTAMCR AND
      1,988 words
    • 2795 33 m SINGAPORE AGENT: D\4| ntltOltlPfC P»0 Container* (Singapore Agencies) Pte Ltd IXI f vjuilidlllvl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 v CR Number: **********0Z EXPORT IMPORT VESSEL VOV pMO *PKO MM ALO SOU AMT NOT
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  • Page 34 Advertisements
    • 708 34 mmw Bt ~^ST|SI3»fMMyMIII «M*| ■PPl| «WW mmm inm I 13-16/7 I io/» is/« n/» HITHi KW EAST COAST W" i m/VOT nu STjm src jg» «b fk mci mo jtmsu its nn mn tin »n i nigg 7is x/i an i>/» 13/< i resa us >7/7 n/« u/» l I
      708 words
    • 1943 34 HANJIN SHIPPING FOR *SL SM UK HAUL SEA POI FOR VSL SR LRI HAUL SAV IM NYC HMUN LEHAVRE 022E IV7 NKCT S/t 7/1 HAiUN LQttVRE 022E 15/7 M EUROPE OOK 19/1 20/8 22/1 HMUN WUAN 07% 22 MICT 12/8 SXf HAMM MASAN 079E 22/7 K. KEELtMG 0431 26/8 27/1
      1,943 words
    • 1247 34 I rj ■TT?T|^ Irn i» w u( ra m on n as ttoiuchsim mtclm m n iw nt hi hi scr I E GRAM) K 445 11/7 14/7 19/7 21/7 21/7 20/7 27/7 29/7 10/7 11/7 2/1 11/1 2S/I 27/1 2t/l 7/1 1/1 1/1 11/1 U/1 21/1 1/1* VII l/»■
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  • Page 35 Advertisements
    • 2149 35 SCX: 'CALIFORNIA MERCURY' 54E ETA SGP 21/07/93 II I II ARRIVING LOS ANGELES 07/08/93 IN 16 DAYS H Pa II AEX: 'NEPTUNE AZURITE' 10E ETA SGP 15/07/93 Ml II H ARRIVING NEW YORK 06/08/93 IN 22 DAYS II H *m Cmimtlin C. Satan Voy sap la NK6 OS/08/93 *R2 Connecting
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    • 1216 35 SINSOV SINGAPORE SO VET SHPPMG CO PRIVATE LTD BOOKMGS: BALT ORENT LINE: *****64 FESCO: *****06 ENQURES: *****33 BLASCO I OOESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSMPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR
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  • Page 36 Advertisements
    • 1444 36 AS AGENTS KAMASMISINGAPORE(PTC)LTD (OMo: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I V MALAYSIA: "R M LINE MAOTME (MALAYSIA) SON BNO TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SAKANA LAUT HfTBINUSA, TEL: JKT *****08 KAWASAKI KBENKAISHA, LTD "w/mi scr Mono «ran «0T
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    • 1096 36 f-M© PHI LI on If NT LINGS PT€ LTD V 1 108 Robinson Road #07-00 QMQ Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER Of THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 15 JUL SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 16 JUL AUCKLAND. WELLINGTON.
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  • Page 37 Advertisements
    • 840 37 /asaamM PACIFIC INTERNATIONAL LINES (PTE) LTD] I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I i fssssssss U cr no ,*****7000 e I I'« VESSEL VOV SIN CMB JIB JED AOJ ADE HOD F2U I I 1 KOTA WW AY A WJAO27 IS/7 tUI 7M 30/7 V* 3/8 I
      840 words
    • 1268 37 VESSELS VOV VIA FEEDER SfOM MOW ROIIERPAM ANT MRP THAMES It WW Wilt DC I* FONT MM 9*29* 11/07 13/QR IS/01 I</W 17/00 1,/0> HELIAS MA CI DONA S42WI 25/07 20/0» 22/01 23/08 ?</0 /M WLIE OE VESTA 7425W 01/0* 31/0» 02/05 MLLE Dt TUCANA 9529* OA/01 03/05 05/05 c7/w
      1,268 words
    • 356 37 M MYANMA iHHBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P.Gdg IOMAW VIWW In Port PAGAN VIWW 20/23 M MYOMA TWA VIUN 13/15 M ME*GUI VI 19*1 18/17 JUL 13/15 MALAYSIA MINTS BOUSTEAD SHPPMG AGENCtS Ml IU 03-2****** «l: IU 03 3MS7S7 PEN
      356 words



  • Page 40 Advertisements
    • 2803 40 Full Container Liner Services Mjfepfr's Agents: Indonesia's Agents: General Agents: Booking Agents: Gnan Gu»n Skipping Sin Bhd Chung Chine Shipping Sdn Bhd F.T. Glehal Pntra Indonesia Maritime Costar Shipping Rtt Ltd Skipping Frtigkt Baakmg CMra S4n MM SI Ptniaraa Itiia Midi M«u Let 3.34, 3rt Hmt, WJ M S£ES.,M. SKSStm
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  • Page 41 Advertisements
    • 642 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 19/07 ROTTERDAM 14/07 AARHUS/COPENHAGEN 19/07 HAMBURG/BREMEN 19/07 MARSEILLE/FRANCE 14/07 FELIXSTOWE/UK 19/07 BARCELONA/SPAIN 15/07 LEHAVRE/FRANCE 14/07 GENOA/ITALY 17/07 ANTWERP/BELGIUM 19/07 LOS ANGELES/WC/PI 14/07 SYDNEY/MELBOURNE 14/07 NEW YORK/EC 14/07 FREMANTLE/ADELAIDE 15/07 VANCOUVER 14/07 BRISBANE 15/07
      642 words
    • 714 41 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) r&~\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA IOAOING FOR SPORE AND4NE r 31WB 15 0« DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAV AOW 37Wb
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    • 937 41 JAKARTA BANGKOK wt m kt [torn low smwi GUWJ BMJM 199S 14/7 17/7 PITA BHUM* 290N IPI 1 13/7 Frt 10/7 MM BHUM OSS IS/7 207T OMHR BHUM 16SW Mod 14/7 Sm 10/7 tSRA BHUM US 1777 W,7 JAWB»U«__ MM Thy 15/7 Mm H/7 ORAGON SI NT OS A 44M
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    • 1652 42 ■IAIMN container lines MAC-NELS SPORE: *****22 (24 LINES) CJV \UC/R No: **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWW/BKK I GOTH/UKC/MED PORTS PEN PKL SIN EVERY TUE/THW/SAT PEN PK SIN 13/7 14/7 15/7 Hone Kon C ldn/F1«/Rdm/Ant/LHV/Ham 17/7
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    • 881 42 THONG SOON UNES PTE. LTD. A 78 SHENTOH WAY #10-01, SW6APORE 0207 TEL: *****58 FAX NO: *****11 TLX: RS ***** CARRER, RS ***** JENHOI CABLE: TOSOCO CONVENTKHiAL/COtfTAIHER BOOKING LIME: *****6* IWQAWti TO SARAWAK VESSEL WT STORE ICST VESSEL WT STORE lEST EQUATOR JADE 83/3E 13 JUL KUCHING EQUATOR GRACE 92/3E
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  • Page 44 Advertisements
    • 62 44 llf only my boss wculd I I respond to these ads A ANY JOB. ANY CAREER. Available any day. tF any Time, anywhere, raj IW TIM* Iwon TIM. Bummh Iwu l} V5E— I I I I=' Tmc M>a P»(*» IMUWt IMMMO Lum« w»MMO I jIFTj. I. I "~1 J 1
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  • Page 45 Advertisements
    • 56 45 —-l The Becutote Housekeeper -(his hctel| O I I wan^s me X' ll riever neglect L__ -this house, bafy/ J Any Job. Any Career. Available any Day. Any Time, anywhere. The straits Times The Sunday Times business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA
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  • Page 45 Miscellaneous
    • 735 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 1.0 1.2 1.5 l.t 1.9 2.0 1.9 1.6 1.4 12 1.0 1.0 1.0 12 1.5 1.9 2.1 22 2.3 22
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  • Page 46 Advertisements
    • 346 46 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANIA VIGOUR PACFIC 22N8 16/07/93 24/07/83 FRDAYAND MONDAY VIGOUR PACFIC 22ANB 19/07/93 24/07/93 VIGOUR SUGAPORE 23/07/93 31/07/83 VIGOUR SINGAPORE 58ANB 26/07/93 _L 31/07/93, I PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SUGAPORE PORT KLANG PENANG MARXA MAS 9391N8 15/07/93 17/07/93 VIGOUR
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    • 711 46 @APPENSHIP (g\ HAMBURG ITTJ CONVENTIONAL INDEPENDENT UNER SERVICE V—' EUROPE TO SOUTH EAST ASIA ANO FAR EAST VESSELS LOMNN6 TORTS OBOMKE/lOMMC FOR LOME LEY SZCZECIN 28/6 HAM 30/6 ANTW 5/7 SPORE. BKK VITALITY HAM SLD SPORE 15/7 K ACT AM FOMENKO ANTW SLD SPORE 10/6 KOALA CONTAINER LINE STORE FIX
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    • 334 46 jL cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG PG. LOADING FOR: j A VESSEL 28/06 Rotterdam Antwerp i CWNA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/06 20/06 Huangpu/Guangzhou COSCO FULL CONTAINER KRVICtI (FCL/FCL) EXPORT TO: CIWOfIAWOKOK/HOIIOICONO EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please
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  • Page 47 Advertisements
    • 966 47 A HYUNDAI MERCHANT MARINE CO.^TP. WESTBOUND TO EUROPE I mans w I i» I urns mlmi I «w «r tar no em m HMM ADVANCE 22A 13/07 14/07 15/07 H. CHALLENGER 305W 19/07 06/0S 06/08 07/08 08/08 08/08 10/08 NORASIA MALACCA 9324 A 20/07 21/07 22/07 OOCI CHARISMA 306W 26/07
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  • Page 48 Advertisements
    • 5 48 ANALYSIS Tomorrow in Business Times
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    • 169 48 I ANALYSIS Tomorrow in Business Times -At Mi\ I Must be prepared to travel, self motivated and able to work Independently. I Minimum 3 years working experience, ashore in I similar capacity. Candidates with sea-going I I experience preferable. I I ■■iRRW I i 1 "I if \"vt 1 I
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