The Business Times, 20 July 1993

Microfilm: NL18843
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times Mi l A (P) 552 12 92 Tuesday July 20 1993 75*
    14 words
  • 2am LATEST
    • Article
      Lock icon Paris wants EC to re-open farm talks
      75 1 AP BRUSSELS Francc has demanded that the European Community re-open negotiations with the United States on a farm trade deal intended to curb agriculture subsidies. French Foreign Minister Alain Juppe called for a joint meeting in September of the trading bloc's foreign and
      AP  -  75 words
    • Article
      Lock icon EC pushes ahead on plan for security pact
      78 1 Reuter BRUSSELS The European Community, hoping to avoid more Yugoslav-style wars, has agreed to start work on French proposals for a new security pact that could provide more stability in a troubled postCold War Europe. Foreign ministers from the 12 EC states
      Reuter  -  78 words
  • Article, Illustration
    MARKET SUMMARY
    109 1 Stock market indices Monday Change STII 1.778.58 +0.92 KLSE Composite 742.50 >6.72 Nikkei 20.150.92 -180.61 HangScng 6.813.72 -III.5 SET Index 898.91 +13.55 Jakarta Composite ...356.36 -0.38 CLSA China B 867.63 -4 65 Aust All Ord 1.796.2 -3.6 FTSE 100 2.842.9 9.9 Monday Previous I pm Hose Dow Jones
    109 words
  • Article, Illustration
    S'pore-based medical groups plan major regional thrust
    722 1  -  By Jenny Lam SINGAPORE Seven Sin-gapore-based private hospital and medical groups arc planning to expand into the AsiaPacific in a big way. Their scope of interest ranges from consultancy services to building and managing various kinds of clinics and hospitals. The move abroad
    722 words
  • Article
    Lock icon Japan's business leaders hail end of single-party LDP rule
    382 1 Reuter TOKYO Japan's influential business leaders hailed the end of the Liberal Democratic Party's (LDP) single-party rule yesterday while the stock and foreign exchange markets were largely unmoved after an historic election rebuff left the country's long-ruling LDP without a majority.
    Reuter  -  382 words
  • Article, Illustration
    Lock icon Hang Seng sheds 111 points on continued concern over China
    297 1  -  From Catherine Ong in HONGKONG THE China factor continues to dampen sentiment on the Hongkong stock exchange, slicing 11 1 points off the Hang Seng Index yesterday. The 1.6 per cent fall in the blue-chip indicator came on the heels
    Source: Bloomberg  -  297 words
  • Article
    Lock icon China's economic growth, inflation soar
    208 1 Reuter BEIJING Economic growth and inflation both soared in the first half of 1993, the government announced yesterday, underlining the tough task officials face in bringing order to China's fast-expanding economy. Gross domestic product grew at a sizzling annual rate of 13.9 per cent, far
    Reuter  -  208 words
  • Article
    Lock icon Zhu orders all-out support for yuan
    106 1 Reuter SHANGHAI Using heavy-handed methods recalling the days of central planning, Chinese Vice-Premier Zhu Rongji has ordered overwhelming intervention to support the local currency on the Shanghai swap market. The central hank yesterday dumped l'Ss3o million (5548.6 billion) into China's largest foreign currency swap
    Reuter  -  106 words
  • Article
    Lock icon Union Paper: There's possibility of manipulation, says Anwar
    183 1 Bernama KUALA LUMPUR Finance Minister Anwar Ibrahim said yesterday initial investigations into the recent surge in the price of listed Union Paper Holdings Bhd (UPHB) shares exposed the possibility of manipulation in the counter. The investigation by the Kuala Lumpur Stock Exchange
    Bernama  -  183 words
  • Article
    CAD joins probe into alleged rigging of NOL shares
    367 1  -  By Magdalene Ng SINGAPORE The Commercial Affairs Department has been roped in to investigate the alleged rigging of Neptune Orient Lines shares, which plunged when 100,000 scrips were dumped on the market last Monday. An NOL spokesman said yesterday the CAD
    367 words
  • Article
    SES to investigate bogus applications for Int'l Factors shares
    339 1  -  By Joyce Quck SINGAPORE The Stock Exchange of Singapore (SES) will start a probe into the bogus application forms for S million shares in International Factors (Singapore) Ltd (IFS). In the meantime, trading in the 17.08 million fixed-price IFS shares will
    339 words
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      158 1 The World's Finest (Fp Photographic System A Nikon Camera Centre Super Ptioto #03-26 Orchard Point Tel: *****81 /*****16 contents Nm CM9MIM Spore New 2 SporeMsu .9.10.12 Regional News 3.4.5 Financial 13,14 Ko»W News 7.8 Ftibnt Marticts Analysis 27 CW)/W.S£. SES 19.20 Edrtoriai 26 Regional 17 Sports 21 Work) It TV/Litestyte
      158 words
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      26 1 Property: pk 24 Laotian hotel industry awakes Editorial: Horse-trading time in Japan, Pg 26 Miyazawa hangs on, Back Pg Japanese politics needs more changes, Pg 6
      26 words
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      19 1 Hock Lock Siew: Pk 9 KL construction sector still attractive Patten: Ilk can ride out China's turbulence. Pg 4
      19 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Vehicle sales prop up retail sector
        323 2  -  By Teh Hooi Ling SHOPPERS were back in the stores in May, but hardly with a bang. After a poor showing in April, the retail sales index grew 4.4 per cent in value terms compared to a year earlier. As in April, motor vehicle
        Source: Dept of Statistics  -  323 words
    • Article
      SCCCI to get new system to elect council members
      441 2  -  15 incumbent council members to be retained for continuity B* Teh Hooi Ling AFTER abolishing its clanbased election system, the Singapore Chinese Chamber of Commerce and Industry will elect future council members in four stages. For a start, genetal members both
      441 words
    • Article, Illustration
      Lock icon S'pore businesses not making the best IT choices
      439 2  -  Companies urged to invest in operations with highest pay-offs By Kenneth James MORE Singapore businesses are investing in information technology (IT), but that's only half the story. Many of them are losing out because they have not invested in the IT operations
      Source: NCB-NTU (Survey 1992)  -  439 words
    • Article
      China oil firm, Overseas Emporium set up joint venture trading company
      256 2  -  By Yong Pow Ang CHINA Petroleum Technology Development Corporation (CPTDC) an affiliate company of China National Petroleum Corporation, has set up a joint venture trading company in Singapore. The specialist supplier of oil and gas field materials teamed up
      256 words
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      213 2 Protect Your Computer Investment. Buy An Epson, EPSON Marie France Bodyline IP: f 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. ti: 'J 1. FREE! One free consultation and Fat Percentage reading 2.
      213 words
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      113 2 This announcement appears as a matter <>f record only NEW ISSUE July. 1993 J 1 LKB Baden-Wurttemberg Finance N.V. tlncorporated in Ihe Netberiantis and established in Amsterdam I U. 5.5500,000,000 6V4 per cent. Guaranteed Bonds due 2003 unconditionally and irrevocably guaranteed as to payment of principal and interest by Landeskreditbank
      113 words
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  • THE REGION
    • Article
      Asean plans to ask China and others to sign amity treaty
      477 3 Asean senior officials' meeting SINGAPORE A move is being made in Asean to get China and other regional powers to acccdc to the Treaty of Amity and Co-opcration in South-east Asia. The move "to encourage" the Chinese to sign
      477 words
    • Article
      Cambodian minister gets surprise invitation
      179 3 SINGAPORE Ascan is issuing a surprise invitation to the new Cambodian Foreign Minister Prince Norodom Sirivudh to attend the Ascan ministers' meeting here to discuss the reconstruction of Cambodia. Prince Sirivudh, a halfbrother of head of state Prince Norodom Sihanouk, was last month appointed foreign
      179 words
    • Article
      Group still split over Apec summit proposal
      242 3 SINGAPORE Asean is unlikely to make a united stand on America's proposal for a first-ever meeting of leaders of the Asia-Pacific Economic Cooperation (Apec) forum in Seattle this November, a Thai senior official said yesterday. At the moment, Asean member states are still
      242 words
    • Article, Illustration
      Lock icon Investment in poorer Thai regions up
      536 3  -  New tax incentives lure factories away from central Bangkok From Alan Boyd in BANGKOK INVESTMENT in Thailand's poorest regions has soared since a new package of tax incentives was launched three months ago. and higher production costs are expected to force more factory relocations.
      Source: Board of Investment  -  536 words
    • Article
      Lock icon Graft eroding confidence in govt, warns Viet DPM
      312 3 AFP, Reuter HANOI Vietnamese Deputy Premier Phan Van Khai has said that the failure of the government's fight against corruption has eroded the people's confidence, the official Nhan Dan newspaper said yesterday. "Corruption and smuggling have eroded the confidence of the population
      AFP,; Reuter  -  312 words
    • Article
      Northern Growth Triangle project gets fresh boost
      363 3  -  Reports by Chuang Peck Ming, Harish Mehta and Loh Hui Yin From Leslie Lopez in LANGKAWI THE Northern Growth Triangle project linking Malaysia, Thailand and Indonesia, which has suffered from the lack of strong political cooperation from its backers, is set for a
      363 words
    • Article
      Lock icon Sharp fall in foreign investments may hit growth in Malaysia
      411 3 Reuter, AFP KUALA LUMPUR Proposed foreign investment in Malaysia continued to fall sharply in early 1993 and analysts say the downtrend could dent the nation's impressive growth in spite of moves to harness domestic funds. "Malaysia's economic survival depends to
      Reuter,; AFP  -  411 words
    • ASIA NOTES
      • Article
        Lock icon Jakarta to review memberships
        65 4 AP JAKARTA Indonesia is considering pulling out of the International Coffee Organisation and International Rubber Organisation. A Trade Ministry spokesman said yesterday that Trade Minister Satrio Joedono will discuss the matter with Agriculture Minister Sjarifuddin Baharsjah soon. Mr Satrio said last Saturday that Indonesia might withdraw
        AP  -  65 words
      • Article
        Lock icon M'sian opposition stages walkout
        110 4 Reuter KUALA LUMPUR A group of opposition politicians walked out of Malaysia's Parliament yesterday in protest against a controversial government Bill. Lim Kit Siang, secretary-general of the largest opposition party, the Democratic Action Party, led the walkout by his 20 party colleagues. The Bill calls for
        Reuter  -  110 words
      • Article
        Lock icon Sabah to hold elections soon
        49 4 Reuter KUALA LUMPUR Malaysia's opposition-ruled Sabah state will hold elections soon, Chief Minister Joseph Pairin Kitingan was quoted as saying yesterday. Mr Pairin, whose Christian-domi-nated Parti Bersatu Sabah (PBS) and a Muslim ally control the state assembly, declined to disclose the poll date. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Indon projects will not be re-tendered
        81 4 AFP JAKARTA Jakarta will not re-tender three gas and steam power plant projects for Java worth US$l.24 billion (Ss2 billion), awarded as repeat business to three foreign companies which have done similar work for Indonesia, press reports said yesterday. Critics of the direct designation
        AFP  -  81 words
    • Article
      Lock icon Taiwan seeks to buy US air defence systems
      176 4 Reuter TAIPEI Taiwan is seeking to buy Patriot missiles or a similar air defence system from the United States. The United Daily News yesterday quoted Defence Minister Sun Chen as saying that Taipei was in discussions with Washington on the possible purchase
      Reuter  -  176 words
    • Article
      Lock icon HK can ride out China's economic turbulence: Patten
      472 4 Reuter HONGKONG The colony is well placed to ride out any turbulence caused by Beijing's drive to cool down its overheating economy. Governor Chris Patten said yesterday that he welcomed Beijing's austerity programme, aimed at cutting rampant inflation and restoring order to
      Reuter  -  472 words
    • Article
      Lock icon China to launch environmental protection campaign
      204 4 AFP BEIJING China is to launch in September an environmental protection campaign involving educational programmes and tough penalties for anyone violating state laws. The China Daily yesterday quoted the president of the State Environment Protection Committee, Song Jian. as saying inspection teams would be
      AFP  -  204 words
    • Article
      Lock icon Beijing's revenue from customs up 26pc in first half
      291 4 AP BEIJING China's revenue from customs tariffs rose by nearly 26 per cent in the first half of this year, largely because of an increase in imports, the official China Daily said yesterday. Earlier this month, China announced that imports were
      AP  -  291 words
    • Article, Illustration
      Lock icon Kim rejects defence minister's offer to resign
      458 4 Reuter SEOUL South Korean President Kim Young Sam has rejected his defence minister's offer to resign over his brother's involvement in an arms procurement scandal. A presidential spokesman yesterday quoted Mr Kim as saying the minister could not be held responsible for the
      Reuter  -  458 words
    • Article, Illustration
      Lock icon Hyundai dispute approaches stalemate
      333 4 Reuter SEOUL Hyundai Group unions and management yesterday failed to end the bitter labour dispute afTecting South Korea's largest exporter but agreed to meet again later in the day. Workers have been pressing their demands for higher pay for about 40 days, downing tools for between
      Reuter  -  333 words
    • Article
      Lock icon ADB urges poor Asian states to curb population growth
      219 4 AFP MANILA The Asian Development Bank (ADB) yesterday urged poorer countries in the region to rein in population growth in line with their prosperous neighbours, saying several major cities will each have more than 10 million residents by 2000. ADB president
      AFP  -  219 words
    • Article
      US, N Korea to resume talks on nuclear issues
      238 4 GENEVA North Korea and the United States were to hold more talks here yesterday on opening up Pyongyang's nuclear programme to international inspection. A spokesman for the North Koreans said the two sides, which met twice last week, would gather again
      238 words
    • Article
      Lock icon Indian economy at turning point, says central bank chief
      463 5 Reuter BOMBAY Indian central bank chief Chakravarty Rangarajan said yesterday the economy had reached a crucial turning point as it entered the third year of a bold reforms programme, but it needed more financial aid. Mr Rangarajan, governor of the Reserve
      Reuter  -  463 words
    • Article
      Lock icon Farm growth rate for 1993/94 expected to double
      368 5 Reuter BOMBAY Reserve Bank of India governor Chakravarty Rangarajan predicted yesterday that the country's agricultural growth rate for 1993/94 (April/March) would nearly double to 6 per cent from the previous fiscal year. Mr Rangarajan said that the dramatic expansion of the farm
      Reuter  -  368 words
    • Article
      Lock icon Bangladesh in grip of opposition-led general strike
      220 5 Reuter DHAKA Pickets stoned vehicles, deflated tyres and jeered at police as an opposition-led general strike gripped Bangladesh yesterday, witnesses said. Fifteen opposition parties, led by the Awami League, called the strike in protest against alleged corruption by the ruling Bangladesh Nationalist Party.
      Reuter  -  220 words
    • Article
      Lock icon South Asia must cut aid dependence: US official
      255 5 Reuter DHAKA South Asian nations including Bangladesh must reduce their dependence on US aid and start developing trade and investment ties instead, a US official said in Dhaka on Sunday. "The United States has given aid worth US$3.B6 billion to Bangladesh since
      Reuter  -  255 words
    • Article, Illustration
      Lock icon Bhutto gets her wish for fresh elections
      401 5 Reuter ISLAMABAD Pakistani opposition leader Benazir Bhutto has won her campaign for fresh elections, with the linked resignations of President Ghulam Ishaq Khan and his arch-foe Prime Minister Nawaz Sharif. Both men quit on Sunday as part of an army-brokered deal to end
      Reuter  -  401 words
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      Page 3 Advertisements Column 1
      58 3 Last year, fierce competition forced s y slems al sens *bl e prices: ALR. a leading PC manufacturer to slash I out more about the computer prices by as much as forty xj company even the big boys are One company led the drive to. Fax now quality personal computers
      58 words
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      Page 3 Advertisements Column 2
      171 3 Prime Branch Office Locations Impressive Furnishing Han Up-to-date Servcorp-The World's Finest Serviced Offices At just a fraction of traditional office costs, Servcorp makes even small one-man businesses look like a million dollars! Servcorp's compact offices offer the spectacular infra-structure of large corporations, amidst the most luxurious business setting. Less Than
      171 words
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      139 4 -Banqueting at Amara... ji M t m t 'If! xo,\a. L•• 818 a ntv /I i 7/ I WE BELIEVE rlghtmlx A right mix of facilities, location, service and cuisine is what makes Amara Hotel the ideal place for meetings and banquets. Be it a grand opening ceremony, mini exhibition,
      139 words
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      311 5 To explain how Club World is changing we'd like to take you on a 13 V2-hour flignt. Have you got 2 minutes? Clutchingyourtigbtlypackedbriefcase,you Your flight announcement prises Strrrecchyour makeyourwaythroughthetightlypacked M M you out of the sofa and into...that arms and breeeeee^ airport. People.Noise.Morepeople.Youre justpreparingyourselftodothepassport armchair of yours. clockwise (gosh, is
      311 words
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      10 5 Pakistan stocks soar after president and premier quit, Pg 12
      10 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Japanese political landscape needs to undergo more changes
      1254 6 Japan's general election NYT TOKYO The voters passed judgment iji the general election in which the 511 seats ot the House of Representatives were contested by 955 candidates. a record number since the merger of two conservative parties and the reunification of
      NYT  -  1,254 words
    • Article, Illustration
      Lock icon Voters want change but in small doses
      439 6 AP TOKYO It was billed as a chance for Japan's biggest political shakeup in decades. But in the end. voters in Sunday's election showed that they prefer change in small doses. During the short campaign. Japanese appeared to relish their flirtation with change.
      AP  -  439 words
    • Article
      Lock icon Looks like it's business as usual in Japan
      455 6 AP TOKYO Japan's business community heaved a collective sigh of relief yesterday over the results of Sunday's parliamentary election: voters endorsed change, but not too much of it. The Liberal Democratic Party, which oversaw Japan's postwar economic miracle, lost its parliamentary majority,
      AP  -  455 words
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      221 6 USA'S LEADING HAIR RESTORmONID(PBnL\ visits singapop=4**l K S Vf 4M KSSB 'Mx detiiiwion result* Now, for tl/G first time ev&r J fiZ2'£S£r hB in, Singapore, people with receding, cum,mam jt' because thex ttlltlHlHCf dITODQIQIITCJ t!3ir CQfl OISCOVCT Director of the Interruitioruil Huir Replacement f»y® ZXSZtLm.- «rst-handhowtoregainthicker,natural, w^^y^SSS^L^^tur ft healthier looking
      221 words
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      147 6 Business Opportunities await you in CIS, Russia Europe Reach out for them the fast and economical way FLY AEROFLOT 3 weekly flights from Singapore In business, having the right business connections count Likewise, choosing an airline with the right connections to the major cities of the world is equally important.
      147 words
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  • THE WORLD
    • Article
      Lock icon Gatt chief in US to rally support for new global treaty
      310 7 Reuter GENEVA Gatt chief Peter Sutherland flew to Washington on Sunday on a mission to consolidate administration and congressional support for a new international trade treaty. Mr Sutherland, an Irish lawyer and banker who took over as director general
      Reuter  -  310 words
    • Article
      Lock icon Subdued M4 growth may cloud UK's economic recovery: analysts
      337 7 Reuter LONDON Broad money supply growth in the UK is set to remain subdued in the coming months, and this injects a note of caution into the outlook for a sustained economic recovery, analysts say. M 4 money growth is expected
      Reuter  -  337 words
    • Article
      Yet another clash looms in UK over Maastricht Treaty
      555 7  -  From Neville Stack in LONDON JUST as it looked as though the battles over the controversial Maastricht Treaty for closer integration with Europe had ended in victory for premier John Major and the British government, another clash is looming. Although the
      555 words
    • WORLD WATCH
      • Article
        Lock icon Clinton prepared to fire FBI director
        78 7 AP WASHINGTON President Clinton was prepared to fire FBI director William Sessions later yesterday if Mr Sessions had not resigned by then, administration officials said yesterday. 1 Mr Clinton summoned Attorney-General Janet Reno for an afternoon session, said officials who spoke on the condition
        AP  -  78 words
      • Article, Illustration
        Lock icon Cypriote want Turkey out of Cyprus
        35 7 Reuter LONDON Cypriots living in Britain marching in demonstration through Piccadilly, London on Sunday. The march by some 2,000 demonstrators was against the Turkish occupation of Northern Cyprus. Reuter
        Reuter  -  35 words
      • Article
        Lock icon German rate cut would help Europe
        67 7 Reuter LONDON British Chancellor of the Exchequer Kenneth Clarke said he expected Germany to be cautious on cutting its interest rates but a reduction would help European economies. "The Germans have seen some reductions in interest rates," Mr Clarke told British radio ahead of
        Reuter  -  67 words
      • Article
        Lock icon UK companies think inflation will rise
        65 7 Reuter LONDON British companies believe inflation is likely to increase in the next year as the current period of wage restraint ends, according to a survey published on Sunday. The Financial Times newspaper said the poll by the Institute of Directors also showed that
        Reuter  -  65 words
    • Article, Illustration
      Lock icon US economists disenchanted with Clinton's policies
      516 8 NYT NEW YORK President Bill Clinton's promise to focus on the economy "like a laser beam" created great expectations among the nation's economists. But in the six months since his inauguration, many of them have been sounding increasingly disenchanted with his policies. Some say
      NYT  -  516 words
    • Article
      Lock icon Clinton's popularity slides further in polls
      385 8 AP NEW YORK Six months into his term. President Clinton is viewed as a strong leader by little more than a third of Americans in an Associated Press poll. A majority said he already has broken too many of his promises. Two in five
      AP  -  385 words
    • Article
      Lock icon Canada's growth appears to falter
      355 8 Reuter OTTAWA Canada's economic growth, forecast to be one of the strongest among the Group of Seven industrialised nations this year, appears to be faltering as expansion stalls in the United States, its biggest trading partner. Economists are lowering their growth forecasts for 1993 to
      Reuter  -  355 words
    • Article
      EC hopes to agree on devt fund disbursement
      350 8 BRUSSELS Signs of flexibility from Ireland have raised hopes that European Community foreign ministers will be able to agree on the disbursement of a huge package of development funds at their meeting here yesterday and today. Ireland blocked an agreement at a
      350 words
    • Article
      Lock icon Conservatives staying away from S African talks
      281 8 Reuter CAPE TOWN South Africa's two main conservative parties, black and white, were expected to be absent when democracy talks resumed in Johannesburg yesterday after a two-week recess. Zulu chief Mangosuthu Buthelezi of the Inkatha Freedom Party and Ferdi Hartzenberg, leader of the
      Reuter  -  281 words
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      424 7 The members 518 m below surface the Mediterranean. During this eight-day mission, they on an extraordinary timepiece: the Rolex Sea-Dweller. Part of what makes a Rolex Oyster so dependable is the design I J JgLly case, which is from metal, using tons further protected by the Triplock T"\* P r"|
      424 words
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      127 8 Citibank now offers attractive opportunities on two promising foreign currencies. A prudent strategy to foreign currency And from now until September 30,1993 investment is to select currencies which provide you can benefit from attractive rates on both a strong yield with lesser exchange rate volatility. these currencies. Two currencies which
      127 words
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      Page 8 Advertisements Column 2
      55 8 A Modem 6-Storey Warehouse Complex Incorporating Quality Office Space Within Bukit Merah Vcmity Ready For Occupation October 93 Close Proximity to CBO and Orchard Area Easy Access to AYE/CTE/ECP Near to Redhi MRT Station Total Lettable Area; 57,000 si Developer SHRIRO PAPER (S) PTE LTD Soto Marketing Agent eft Jones
      55 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      F&N Coca-Cola unit signs contract for Viet venture
      428 9  -  By Genevieve Cua SINGAPORE Coca-Cola is laying the groundwork for a U5524.5 million (5539.7 million) investment in Vietnam in anticipation of the lifting of a US trade embargo. Coca-Cola Indochina, which is 75 per cent owned by F&N Coca-Cola, signed a contract
      428 words
    • Article
      Baring Securities tops two surveys of S'pore-M'sia investment analysts
      445 9  -  By Joyce Quek SINGAPORE Baring Securities emerged as top investment analyst in SingaporeMalaysia in two polls by UKbased financial consultancies. Extel Financial Ltd, which supplies financial information and services, placed Britishbased Barings First for the fifth consecutive year in its 1993
      445 words
    • Article
      Lock icon MBf Props plans two more recreational clubs
      330 9 MBT KUALA LUMPUR MBf Properties Sdn Bhd, through its MBf Hotels (M) Sdn Bhd, is finalising discussions to open another two more recreational clubs in the vicinity of the Klang Valley. Both the clubs, similar to MBfs very own Kelab Century Park in
      MBT  -  330 words
    • Article
      M'sian construction sector still attractive
      785 9  -  HOCK LOCK SIEW By William Chia Si NGAPORE Although Malaysian construction stocks have been among the biggest gainers in the recent bull run, the outlook for the sector continues to be attractive. The major players are likely to benefit further from huge infrastructure contracts in
      785 words
    • Article
      Lock icon Faber Group, Granton to build hotel complex in KL
      228 9 Bernama PETALING JAYA A joint venture between Faber Group Bhd and Granton International Ltd is to develop land at the golden triangle of Kuala Lumpur into a MS3I4 million (Ssl9B million) hotel complex. The 0.8 hectare site at the intersection of
      Bernama  -  228 words
    • Article
      Lock icon TH Loy blames profit shortfall on business conditions
      263 9 Bernama KUALA LUMPUR TH Loy Industries (M) Bhd, whose performance fell short of its profit forecast by 50 per cent for the 1992 financial year, blames the difficult business conditions in the electrical/electronics sector. The company said in a statement to the
      Bernama  -  263 words
    • Article
      Lock icon Cold Storage (M) to sell entire stake in Quality Bakers (M)
      139 9 Bernama KUALA LUMPUR Cold Storage (M) Bhd will sell its entire 57 per cent stake in Quality Bakers (M) Sdn Bhd (QBM) to Singapore-based Quality Bakers (Asia) Pte Ltd (QBA). Announcing the conditional sale of shares agreement with QBA
      Bernama  -  139 words
    • Article, Illustration
      Lock icon SUMMARY
      289 9 Source: Bridge Info PcrfamMcc «f STII's UK stocks Jul 19 Lm Sraae latrx Stack Mb Ckft kcMrwMi <» <*) Avimo 2.020 -0.030 1.61 -46.1} UK" 6.700 -0.050 5.33 -76.92 Ccrcboi 5.400 0.030 4 30 76.92 FAN 12.700 -0.100 10.10-153*5 OF Asia 2.130 0.020 2.27 30.77 OcaMag 1.170 -0020 0.43
      Source: Bridge Info  -  289 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          SAE appoints new director
          74 10 SINGAPORE Singapore Automotive Engineering said yesterday that Lt-Col Ng Yat Chung replaced Lt-Col Tan Nga Kok as alternate director to BG Patrick Choy from July 15. Lt-Col Ng is now Assistant Chief of General Staff and was previously an alternate director at Singapore Aerospace Systems. He
          74 words
        • Article
          Lock icon Gadek gets approval for CCM talks
          47 10 Bernama KUALA LUMPUR Gadek (M) Bhd has obtained approval from the Minister of Financc to begin negotiations to buy a 70 per ccnt stake in Credit Corporation (Malaysia) Bhd, Utama Wardley Bhd in a statement on behalf of the company yesterday.
          Bernama  -  47 words
        • Article
          Lock icon Kumpulan Emas sells stake
          67 10 Bernama KUALA LUMPUR Kumpulan Emas Bhd has sold a 10 per ccnt stake in KE Systems Sdn Bhd, comprising 350,000 shares, to MustafTa bin Yacob for M 5490.000 (*****,700) or MS 1.40 a share. K E Systems, which has paid-up capital of M 53.5 million, is
          Bernama  -  67 words
        • Article
          Lock icon U-Wood plans M$31m expansion
          44 10 Bernama KUALA LUMPUR U-Wood Holdings Bhd, an investment holdings which focuses on the timber industry, plans a MS3I million (5519.5 million) expansion programme. Chairman Kamaruddin bin Mahmood said yesterday the expansion would take place over three to four years. Bcrnama
          Bernama  -  44 words
        • Article
          Lock icon NCK in accord to buy stake in Brem
          69 10 Bernama KUALA LUMPUR NCK Corporation Bhd has entered into a sale-and-purchase agreement with Wawasan Ekuiti Sdn Bhd for the acquisition of 10 per cent stake in Brem Holding Bhd. The acquisition would further broaden the investment base of NCK Group in line
          Bernama  -  69 words
        • Article
          Lock icon Shell plans M$53m R&D investment
          71 10 Bernama KUALA LUMPUR Shell companies in Malaysia will invest Mss3 million (Ss33 million) in research and development, including training, this year and this would be same as last year's amount. Dr Jim Street, group research coordinator of the Shell Group of Companies, told a press
          Bernama  -  71 words
      • Article
        Thai regulators target small investors with mutual fund reforms
        601 10  -  From Alan Boyd in BANGKOK THAI securities regulators have set out to lure small investors back to the market with a package of mutual fund reforms that analysts believe will return the stock exchange to its roots. An agreement on open-end-ed
        601 words
      • Article
        Lock icon Citic Pacific, Cheung Kong fail in HK$9.7b Miramar bid
        301 10 Bloomberg HONGKONG China-con-trolled Citic Pacific and Hongkong investment conglomerate Cheung Kong (Holdings) have failed in their HK59.65 billion (552.01 billion) bid to take over Miramar Hotel and Investment. Citic and Cheung Kong, which is controlled by Hongkong tycoon Li Ka-shing, announced
        Bloomberg  -  301 words
      • Article
        Lock icon China Merchants' investment arm launching US$105m China fund
        272 10 Reuter HONGKONG China Merchants Holdings Co Ltd is to launch a US$lO5 million China fund to be listed on the Hongkong bourse on Thursday. The state-owned group, set up more than 100 years ago. plans to issue up to 100 million US$l.O5
        Reuter  -  272 words
      • Article
        Lock icon Sino-Japanese venture wins tender for HK airport road link
        176 10 AFP HONGKONG A Sino-Jap-anese joint venture has won a HK.51.27 billion (SS26S million) contract to build an expressway linkage to a planned new airport, a government spokesman said yesterday. The Sino-Japanese joint venture comprising Kumagai Gumi (HK) Ltd. Maeda Corp and
        AFP  -  176 words
      • Article
        Lock icon Eastern Century's profit up 47pc as metals trading surges
        205 10 Bloomberg Business News HONGKONG Asian industrial metals group Eastern Century Holdings said its net profit for the year ended March 31 rose 47.6 per cent as a result of a surge in metals and minerals trading. Profit after tax but before
        Bloomberg Business News  -  205 words
      • Article
        Lock icon Indorama to build US$43m PET resin plant
        191 10 Reuter JAKARTA FT Indorama Synthetics will build a US$43 million (5569.6 million) polyester terephthalate (PET) resin plant in Purwakarta. Company executives said yesterday that they had signed an agreement with Du Pont/Chemtex of the United States and Sinco of Italy for the supply
        Reuter  -  191 words
      • Article
        Lock icon Five US, Japan firms to supply programming to Star TV
        439 10 Bloomberg Business News TOKYO Hongkong's Star TV has signed letters of memorandum to obtain programming from five Japanese and US companies for its planned pay TV service. Star TV broadcasts via satellite on five channels four in English and one
        Bloomberg Business News  -  439 words
      • Article
        UNIT TRUSTS & FUNDS
        424 10 UNIT TRUSTS FUNDS €MMTC IMt TlVSt Income Bond Pokey 1-27 3.39 J knmerec 1.32 I.J9 ijjm Imp tund EqMy Fwul 064 'o.67 Sccond rpulra I C Third B'putra 5 84 n IMt Trait Fourth B'putra 7.14 7 94 Mai Invest Fund 1.79 1.88 lft IP"" 1 J 5® 'J?. Mai
        424 words
      • Article
        DIVIDENDS ANNOUNCED
        680 10 Payment <%) Ex date Books close Pay date Alex Hldgs SO* Amcol 25* Asia Pacific Asia Pac Ld 50« Bolton B Scmhawang Ccntrcpoint 50* C'huan Hup Notes City Dcv Bonds CK Tang FAN GB Hldgs 20* George Kent 50* Gikcn S 25* Golden Hope Golden Hope Goldtron 20«
        680 words
      • Article
        Lock icon Foreigners resort to backdoor buying of S Korean stocks
        505 12 Reuter SEOUL Overseas investors are resorting to backdoor buying in the face of a severe share shortage as South Korea's 10 per cent limit on foreign stock market holdings fills up. brokers say. Some 100 counters have already slipped out of
        Reuter  -  505 words
      • Article
        Lock icon Hazama shareholder wants directors sued
        260 12 Reuter TOKYO A shareholder of general contractor Hazama Corp said he had urged the firm to sue its directors for reimbursement of bribes they allegedly paid. Tadashi Matsumaru, a lawyer who holds 2,200 shares in Hazama, said he sent a letter to the company demanding
        Reuter  -  260 words
      • Article
        Lock icon Australian investors hungry for new floats
        263 12 Reuter SYDNEY Australia's private investors, tired of seeing diminishing returns from their bank accounts, are chasing higher rewards in the country's booming stockmarket, many through new public floats, analysts said. Small investors are moving their money out of fixed interest investments after seeing official
        Reuter  -  263 words
      • Article
        Lock icon Pakistan stocks soar after president and premier quit
        408 12 Reuter KARACHI Pakistan's stock market soared yesterday after the twin resignations of President Ghulam Ishaq Khan and Prime Minister Nawaz Sharif ended months of uncertainty and buyers poured into the undervalued bourse. "We have started receiving buying orders," said Javed Hasan a
        Reuter  -  408 words
      • COMPANY BRIEFS
        • Article
          Lock icon Group to turn US bases into resorts
          88 12 Reuter MANILA Taiwanese conglomerate Tuntex group of companies will develop two former US military bases in the Philippines as tourist resorts, a trade official said. Tuntex will pay the government a 77 million-peso (SS4.6S million) deposit and finalise its conversion plan for Camp
          Reuter  -  88 words
        • Article, Illustration
          Lock icon Apple's ex-CEO surprised by move
          81 12 Reuter NEW YORK Apple Computer Inc chairman and chief executive officer John Sculley (right) was "surprised" by the board's decision to replace him as CEO with Michael Spindler last month, according to a report in Newsweek Magazine. "I wish the timing could have been different,"
          Reuter  -  81 words
        • Article
          Lock icon Japan's software firm to be listed
          93 12 Reuter TOKYO Software developer Diamond Computer Service Co Ltd has applied to list its shares on the Tokyo Stock Exchange (TSE) second section, the exchange said. Diamond Computer is scheduled to be listed on Aug 19. Three million shares will be offered to the
          Reuter  -  93 words
        • Article
          Lock icon Taiwan plans to ease overseas funds
          92 12 Bloomberg Business News TAIPEI The Securities and Exchange Commission has drafted a plan to allow funds raised overseas by Taiwan companies to be brought home, an official said. Taiwan companies are currently allowed to sell convertible bonds and global depositary receipts overseas, but cannot
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Nissan plans to produce cars in China
          64 12 Knight-Ridder TAIPEI Japanese car manufacturer Nissan plans a cooperative venture with a Taiwan auto parts maker and Chinese firms to produce cars in China, a local newspaper reported. The Chinese-language Commercial Times reported that Nissan and Pen Tian Precision Instruments plan to set
          Knight-Ridder  -  64 words
    • FINANCE
      • Article
        Chase Manhattan's Asia-Pac income surges 24pc
        379 13  -  Significant developments in several core areas in second quarter By R Sivanithy SINGAPORE The Chase Manhattan Company yesterday announced a 24 per cent increase in Asia-Pacific operating income for the second quarter of this year, compared with the same period last year. In his
        379 words
      • Article
        Lock icon American Express cuts down cases of firms which do not fully accept card
        474 13 Bernama KUALA LUMPUR American Express feels it has made progress in dealing with the problem of a few establishments which do not fully accept the American Express Card. Various measures taken had resulted in a 50 per
        Bernama  -  474 words
      • Article
        Lock icon Taipei to urge banks to increase domestic lending
        179 13 Reuter TAIPEI The Taiwanese government, seeking to curb heavy outflows of capital abroad, will ask banks to increase the proportion of their deposits set aside for loans for domestic industrial projects, newspapers said last Sunday. The decision was reached at a meeting
        Reuter  -  179 words
      • Article
        Lock icon Bank Summa creditors get second round of payments
        339 13 AFP JAKARTA Liquidators for Bank Summa launched a second round of payments to creditors yesterday, a member of the bank's liquidation team said. The team has arranged to pay each of 7,000 creditors a maximum of 12.5 million rupiah (559.625) from a
        AFP  -  339 words
      • Article
        Lock icon NatWest rapped over political data records
        208 13 AFP LONDON Consumer groups and parliamentarians have strongly criticised a bank which admitted to keeping records of its clients' political affiliations. The National Westminster bank admitted that such records were kept, but defended the policy by saying it was "another piece of information that
        AFP  -  208 words
      • Article
        Lock icon New rule set to put Indian banks in the red
        244 13 AFP BOMBAY About half of India's banks will show huge losses this fiscal year because of new central bank requirements that they set aside more funds to cover potentially bad loans, banking officials said last Saturday. "The impact of provisioning
        AFP  -  244 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Market for inflation-linked bonds booming in Australia
        467 14 Bloomberg Business News SYDNEY The Australian market for inflation-linked bonds is booming as fund managers try to lock in returns that will keep up with inflation, according to a study of the sector by investment bank Barclays de Zoete Wedd. BZW predicts the
        Bloomberg Business News  -  467 words
      • Article
        Aussie group plans Viet LPG joint venture
        221 14  -  From Brian Gomez in SYDNEY THE Perth-based industrial group, Westfarmers Ltd, plans to use a liquefied petroleum gas (LPG) joint venture in Vietnam as a "springboard" for future investment in Asia. Company managing director Michael Chaney said the LPG distribution and marketing deal
        221 words
      • Article
        Lock icon US legislation to clean up savings and loan industry may backfire
        498 14 NYT WASHINGTON US legislation intended to complete the clean-up of the savings and loan industry might instead drive the remaining institutions out of business, according to a new report to Congress. The report, written by an industry advisory committee
        NYT  -  498 words
      • Article, Illustration
        Lock icon Bonn denies EC has picked base for European central bank
        600 14 Britain said to be only member resisting Frankfurt site FT BONN The German government last week firmly denied a report that European Community leaders have reached a secret agreement to base the new European Monetary Institute, the core of the
        FT  -  600 words
      • SMALL CHANGE
        • Article
          Lock icon Bank Negara helped in probe: Anwar
          77 14 Bernama KUALA LUMPUR Bank Negara cooperated with the Public Accounts Committee (PAC) in the latter's investigation into the central bank's reserves last year, Finance Minister Anwar Ibrahim told the Malaysian Parliament yesterday. He refuted an allegation that Bank Negara governor JafTar Hussein was reluctant
          Bernama  -  77 words
        • Article
          Lock icon M'sian banks urged to lend to SMIs
          64 14 Bernama KUALA LUMPUR Malaysian Deputy Finance Minister Abdul Ghani Othman yesterday said commercial banks should be more active in fulfilling credit requirements of small and medium-scale industries (SMIs). Speaking at the opening of a conference on the Malaysian credit industry, he said banks
          Bernama  -  64 words
        • Article
          Lock icon Faysal Islamic Bank profit up 18.4pc
          115 14 Reuter MANAMA Faysal Islamic Bank of Bahrain, one of the island's two offshore Islamic banks, said its first-half 1993 net profit rose 18.4 per cent to to US$5.4l million (SSB.6 million) from U554.57 million in the same period a year earlier, mainly because of
          Reuter  -  115 words
        • Article
          Lock icon UK rates may not follow German cuts
          98 14 Knight-Ridder FRANKFURT Further easing of Bundesbank monetary policy could provide the UK with more room to move its rates lower, but any cut in German rates would not automatically be followed by UK rate reductions, UK Chancellor of the Exchequer Kenneth Clarke said
          Knight-Ridder  -  98 words
        • Article
          Lock icon Aussie manager jailed over loans
          94 14 Reuter MELBOURNE An Australian bank manager who secured more than A 5200,000 (S$218,000) of loans for a company he part-owned was jailed for a year yesterday. The Victorian County Court was told David Ford, 49, had approved loans to people who did not exist in
          Reuter  -  94 words
      • Article
        Lock icon India's copper monopoly revises strategy
        447 14 Reuter NEW DELHI India's stateowned copper monopoly, Hindustan Copper Ltd, is planning to use falling international prices to its advantage by importing copper concentrate and more than tripling its smelting capacity, officials said. HCL chairman Ved Leekha told newsmen this week the company had had
        Reuter  -  447 words
      • Article, Illustration
        CURRENCY REPORT
        2 14
        2 words
      • Article
        Lock icon London
        314 14 Rcuter LONDON The dollar lost further ground against the mark during the European session yesterday as an uneasy calm settled over the ERM following last week's hectic events. It has gained of late, along with sterling and Swiss francs, as funds flowed out of the cri-sis-hit ERM. But with
        Rcuter  -  314 words
      • Article, Illustration
        Untitled
        1434 14 //wJr-Mvrjfan/ tnJtx cahvlait*! atamst S'parr 'i top 14 trathnx partner* Bate iYar 198! US$/S$ fonvanl rates Noon July 19 SS Wkt Offer 1-month I.6IS2 1.6197 2-month 161*2 1.6197 3-month 1.6182 1.6197 6-monih 1.6178 I.6I9« Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltm m My 19 SianpoR dollars to oae
        1,434 words
      • Article
        Lock icon New York
        140 14 Reuter NEW YORK The dollar slid on the mark at midday yesterday, ignoring renewed talk of a Bundesbank inter.cst rate cut to consolidate last week's gains as the European monetary crisis subsided. But uncertainty about the new Japanese government sustained the greenback near intraday highs. "The dollar couldn't
        Reuter  -  140 words
    • COMMODITIES & FUTURES
      • Article, Illustration
        Lock icon Atlas Mining in crisis as world copper prices plunge
        559 15 Reuter TOLEDO, Philippines The blast of dynamite no longer booms across Toledo and queues of workers jostling to get their last pay cheques signal the crisis that has engulfed the Philippines' biggest copper producer. Atlas Consolidated Mining and Development Corp, once
        Reuter  -  559 words
      • Article
        Lock icon Arab oil sales in Asia-Pac seen rising
        285 15 Reuter MANAMA, Bahrain Arab oil sales to the Asia-Pacific region should grow but the market in the West is mostly stagnant, a study by the Bahrain-based Arab Banking Corporation said. "Robust economic growth and energy demand is shifting the Arab focus from the
        Reuter  -  285 words
      • Article
        Lock icon New Viet fuel law won't affect current deals: sources
        293 15 Knight-Ridder SINGAPORE The new oil and gas bw adopted by Vietnam early this month b not expected to have any impact on existing production-sharing contracts, oil industry sources say. Although the new bw has not been officially transbted yet from Vietnamese
        Knight-Ridder  -  293 words
      • Article
        Opec calls meeting after UN, Iraq reach agreement
        322 15 Bloomberg ENERGY REPORT LONDON Opcc said it will hold an emergency meeting at the end of this month, after the United Nations confirmed they have reached an agreement with Iraq on weapons inspections, which could pave the way for Iraqi crude exports.
        322 words
      • Article
        Lock icon Coffee retention plan unnecessary with bullish fundamentals: traders
        559 15 Knight-Ridder SAO PAULO As Latin American producers gear up for the next step in a preparatory round of meetings toward a coffee retention plan to be kicked ofT on Oct 1, traders said bullish fundamentals may make the plan unnecessary after all.
        Knight-Ridder  -  559 words
      • Article
        Lock icon Profit-taking erases Eurodollar gains
        1412 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended unchanged yesterday as gains were overwhelmed by profit-taking in the second session. Economic figures released last Friday reflected a less than robust economic recovery in the US, and this prompted buying in Eurodollars before European markets opened, dealers
        Reuter  -  1,412 words
      • Article
        Tin closes one sen above record low
        670 16 COMMODITY REPORTS Tin TIN fell sharply to close nine sen down at Mil 2.71 a kg. just one sen above an all-time-low of M$ 12.70 set on July 7, dealers said. The fall was prompted by lower LME last Friday and following fresh
        670 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Kuwait to process crude oil in S'pore
          58 16 SINGAPORE Kuwait Petroleum Co recently signed spot processing deals with a Singapore-based refinery, traders and industry sources said. After the deals, traders said about one million barrels of Kuwaiti crude will soon be processed in Singapore by the US oil company Mobil. A
          58 words
        • Article
          Toho cuts zinc and lead output
          73 16 TOKYO Weak domestic demand has forced Japan's Toho Zinc Co to cut its output of refined zinc and lead further in the Apr-Sep period, a company source said yesterday. The company now says its production of refined zinc will total 50,000 tonnes in Apr-Sep,
          73 words
        • Article
          Thai corn exports rise
          61 16 BANGKOK Thailand exported 100 tonnes of corn during July 9-15 period, bringing the total for the year to date to 118,039 tonnes, the Thai Maize and Produce Traders Association said yesterday. Shipments during Jan 1-July 15, 1992, totalled 98,509 tonnes. The 100 tonnes shipped during July
          61 words
        • Article
          Pakistan cotton yarn prices fall
          76 16 TOKYO Pakistan's cotton yam export offers to Japan fell yesterday in response to last week's devaluation of Pakistan's rupee, traders in Osaka said. The rupee was devalued by about 3.29 per cent last Thursday. It was quoted last Friday at 28.15 to US$l. The move
          76 words
    • Article
      COMMODITY PRICES
      1628 16 Rubber MS Ciinilty Exduap (fwturts dating as at Ipa) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug~93 ***** I32!00 132.00 200 TiiO Sep 133.75 133.50 133.50 150 5.350 Oct 0.00 0.00 134.25 0 6.800 Nov 0.00 0.00 134.75 0 6.725 Dec
      1,628 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1231 17 -3.6 Shares recovered earlier losses to close only slightly down yesterday. "A bit of buying from Southeast Asia late this afternoon pulled the market back up 10 (points)," said one broker. Firm oil and gas stocks also helped offset any weakness, and the All Ordinaries Index ended only 3.6
        1,231 words
      • Article
        Manila
        519 17 +6.64 Share prices closed firmer on the strength of second-liners led by newly-listed hamburger chain Jollibee Food Corp, dealers said. The Manila Stock Exchange Composite Index rose by about six points, but around \2 or the top 15 traded issues at the Manila bourse are not tied to the
        519 words
      • Article
        Taipei
        562 17 +7.32 Taiwan share prices finished mixed in narrow trade, with industrials up on a minor technical rebound while banking stocks remained weak, brokers said. The weighted index ended 7.32 points up at 3,917.81. Turnover was a very thin NTS 10.55 billion against NTS 10.9 billion in Saturday's shortened session.
        562 words
      • Article
        Seoul
        365 17 -9.79 Stocks closed easier in slow trading on fears protracted labour disputes at Hyundai subsidiaries would worsen and concern the US-North Korea nuclear talks would make little headway, brokers said. The Composite Stock Index ended 9.79 points down at 749.38. Prospects of tighter money liquidity towards tne end of
        365 words
      • Article
        New Zealand
        269 17 +2.16 The New Zealand NZSE-40 Capital Index closed slightly stronger after flirting below 1,700 in morning trade for the first time since July 5. The index ended 2.16 points higher at 1,706.52. The market made a hesitant start following Wall Street's 22.6 point fall last Friday and before
        269 words
      • Article
        Bombay
        43 17 -32.94 Stocks inched down further in low activity kerb trading as speculators preferred to await clearer trends, brokers said. The Bombay Stock Exchange (BSE) Index closed at 2,098.27, down 32.94 points from Friday's close. The National Index fell 12.4 points to 996.23.
        43 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        738 17 Britannia Funds Stcrtiat Cash BU Offer Mim Cap Depo&it 31 6400 3« 6500 Mim Jerw> G* jO.1193 0 1942 Mini Max Income ****** ****** us$ Cash Income Pta Fund 10 6100 11 1700 PS t Reserve Fund _J.2I00 J 2200 tStS££2.- ***** 049M Far Em Fund ****** ****** Man Portfolio
        738 words
      • Article
        Paris
        131 17 +6.77 Stronger French bonds breathed some life into the bourse, carrying it above the psychological 1,980 CAC-40 level, and some dealers expected limited buying to continue today. The rise was restrained by the franc's strengthening, one dealer said, adding that this kept speculation about its exit from the ERM
        131 words
      • Article
        Stockholm
        129 17 +0.34pc Swedish shares closed higher with key indices reaching new year-highs for the eighth day in a row as foreign investors bought up shares on the back of a stronger dollar. The blue-chip dominated top-16 index climbed 0.63 per cent to 1,217.69, while the all-share index rose 0.34 per
        129 words
      • Article
        Frankfurt
        185 17 +22.83 Buyers from abroad reentered the German stock market after last week's consolidation, sparking a new rally which is expected to push the DAX Index past the 1,900 level in the next two weeks. The 30-share DAX Index closed 22.83 points higher at 1,836.29 after a late adjustment, up
        185 words
      • Article
        Milan
        185 17 +o.3pc Blue chips ended a volatile session mixed as the market lacked any clear sense of direction. Dealers said prices should remain broadly supported over the next week but turnover was starting to wind down before the summer break. "There's little to focus on at the moment and all
        185 words
      • Article
        Amsterdam
        277 17 +2.02 Dutch shares closed at new highs as sustained demand for cyclical stocks combined with options-led buying in a bout of carry-through short-cover-ing after Friday's July index contract expiry, dealers said. Taking heart later from firm overseas markets, the EOE Index crept past its previous all-time intraday high of
        277 words
      • Article
        Zurich
        218 17 -9.46 Swiss shares closed slightly lower in quiet trade as the market consolidated its gains. Activity centred on leaders of the recent rally, which felt slight selling pressure, dealers said. The SPI Index was 9.46 points lower at 1,501.75 and the blue-chip SMI fell 14.4 to 2,382.0. Zurich Jrfjr
        218 words
      • Article
        Johannesburg
        312 17 •25 South African gold shares shrugged off earlier negative sentiment in afternoon trade as the gold price pushed above US$395 an ounce but industrials failed to follow the lead in sluggish trade. Dealers said golds remained wary of short-term bullion prospects but buyers were returning after recent offloading. The
        312 words
      • Article
        Toronto
        242 17 -33.54 Plunging energy shares sent Toronto stocks into a steep slide at midday yesterday, with the TSE 300 Composite Index off nearly 1 per cent, traders said. "The whole market in Canada looks fairly weak with the oil sector the main one coming under pressure," one dealer said. The
        242 words
      • Article
        New York
        702 17 +1.4 Wall Street stocks were up slightly yesterday as an erratic market reacted to Friday's drop in the technologies sector. At I pm EDT, the Dow Jones was up 1.40 points at 3,529.69 while declines led advances by a 5-4 margin. New York Jriv 16 USS ATT 63
        702 words
      • Article
        London
        672 17 1.3 Shares ended the opening day of a new account higher yesterday with activity dominated by first time trading of the Government's remaining stake in British Telecom (BT3). The FTSE 100 Index closed at 2,842.9, up 9.9 points, but below the session's 2,846.7 best. BT3 partly paid shares ended
        672 words
      • Article
        Brussels
        174 17 •7.98 Increased profit-taking after recent sharp gains pushed Belgian shares further down to close near their day-lows in moderate trading. Traders did not exclude the market extending its correction today, especially if short-term interest rates remain high due to pressure on the Belgian franc. "This is typical for a
        174 words
    • Article, Illustration
      Lock icon HONGKONG
      2737 18 Reuter HONGKONG Share prices closed sharply weaker yesterday but oil their lows after a day of heavy selling by overseas institutions, brokers said. The Hang Seng Index fell 111.50 points, or 1.61 per cent, to 6,813.72. Across-the-board selling, which brokers blamed on several Chinarelated worries, had sent the index
      Reuter; Source: Bridge Info  -  2,737 words
    • Article, Illustration
      CHINA
      498 18 THE Shanghai B market experienced another downward trend yesterday. The CLSA Shanghai Index fell 4.5 per cent to close at 644.71. The biggest mover was Jinqiao which slid 2.8 per cent to US$O.35 on turnover of U*****,000. In Shenzhen, the B market was very quiet with a turnover of
      498 words
    • Article, Illustration
      Lock icon TOKYO
      2536 18 Reuter TOKYO Stocks ended lower yesterday on long liquidation after last week's pre-election rallies, brokers said. Arbitrage unwinding on the back of sluggish futures market also kept a firm ceiling over cash prices. However, public funds buying underpinned the market. "Today's dips are mostly technical adjustment and do not
      Reuter; Source: Bridge Info  -  2,536 words
    • Article, Illustration
      Lock icon BANGKOK
      1620 18 Reuter BANGKOK Thai stocks ended the day just shy of 900 on a combination of a lack of bad news and a technical rebound from five straight days of losses last week, brokers said. The SET Index gained 13.55 points to close at 898.91, with turnover still light at
      Reuter; Source: Bridge Info  -  1,620 words
    • Article, Illustration
      Lock icon JAKARTA
      1083 18 Reuter JAKARTA Share prices ended mixed in uninspired trade yesterday, brokers said. The official index closed 0.38 point lower at 356.36. "Though market activity is still restrained by the absence of overseas funds, trading improved slightly as selective counters still provide speculative buys," a dealer with a foreign brokerage
      Reuter; Source: Bridge Info  -  1,083 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2518 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Kerning Bhd 50c IO.7HX.UW Idns H\d MV 8.hS7.000 Promcl 4 545.1**) M<B50i 2.624.01*) Johan Hldgi 50c 2.572.000 Multi-Purp»sc 1.703.01*) Pcgi Msia 1,6*)6.<**) Landmarks Bhd 1.662.000 Kema>an 50c 1.522.000 MBf Capital j.MJ.OW (■ahcrtiroup I..83 000 Bcriava Group 1.166.000 Innovcsl Bhd
      Source: Bridge Info  -  2,518 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Untitled
        5126 19 Source: Bridge Info iOCES TURNOVER (low Pmlm Changr KLSE Composite 742 50 735 78 +6.72 NSr Industrial 4116.64 4102.93 13 71-. NST Finance 5106 85 5078 34 +28 NST Properties ..1284.17 1292.03 -7.86 NSTTins 904.65 895.14 +9.51 NST SRubbers 4443.23 4389.87 +53.36 InoKt (100) Total volume 205.294 197.462 +7 832
        Source: Bridge Info  -  5,126 words
      • Article
        Lock icon Shares prices firmer but off day's highs
        252 19 Bernama KUALA tOMPUR Share prices extended last Friday's gains yesterday but closed off the day's highs on profit-taking and lack of follow-through support, brokers said. The KLSE Composite Index firmed 6.72 points to end at an intra-day best of 742.50 from last Friday's
        Bernama  -  252 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Rally loses steam as institutions stay away
        1093 20  -  By Soh Tiang Keng SINGAPORE The Singapore stock market's rally last Friday lost steam yesterday with share prices ending with only marginal gains. Although the Straits Times Industrials Index edged up fractionally by 0.92 point to 1,778.58 and the broader-based BT-MGA Index was
        Source: Bridge Info  -  1,093 words
      • Article, Illustration
        Lock icon Chemical Industries Far East Ltd
        76 20 HOT STOCK Paul Leo CHEMICAL Industries Far East Lid fell 12 cents to its support at $3.90 yesterday. Daily RSI is below 25 so the support is unlikely to be broken. Investors can therefore expect the stock to rebound towards its resistance at $4.10 in
        Paul Leo; SOURCE: BRIDGE INFO  -  76 words
      • Article
        Untitled
        5900 20 MAX BOARD Gr Gr IW La* Vd On Lm Oak Dt> DbYH M M Cap High Lmm C ii| i|| Sak CSS*) H%h Lot Sdhr C> WE W MDIISTRUL AND COMMERCIAL 7W 260 Aetna 680 5 259 715 *75 680 6S5 115 2.1 I S 29.4 468.7 220 220 s
        5,900 words
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      108 9 Hi x //im\ €B€L iff J ChroMgrapk Sttie-of-tfae-art, highf §U V ff precision automatic self-winding I mmm f movement. 36*000 vibrations per B hour. Tfete-piece case. Date register. 1 W "7 Three independent dials record i mjtf the seconds, minutes and hours. Tachometer measures speed per hoar. Non-glare scratch-resistant i
      108 words
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      370 10 GIVE YOUR EKE IK EXECUTIVE y the look of Jfl n0 Removed- leading to the look of worry lines eyes Diminished Removed- the onset of iC DiminishedDiminished- Jmk the start of the formation of the'double vertical 'age look The look of styte and confidence displayed by certain men comes from
      370 words
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      145 11 Across the Asia Pacific, Overseas Union Bank Group brings people and opportunities together. you abound. you need the you need the the right people. From to Bangkok, Shenzhen to Hongkong to Kuala OUB a on the pulse. You can to us for on to on how to structure your how
      145 words
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      740 12 pi H B |5j EXCLUSIVE BENEFITS. UNIQUELY THAI. details you'll enjoy special attention to any seating and S7 Royal Orchid Plus is everything you would expect meal preferences whenever you fly with Thai. On the f from a frequent flyer programme, and more. Created ground, you'll receive regular statements showing
      740 words
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      269 13 AST BRAVO m PERFECT Si. □lICIMCCC" M I I 25MHz i4B6SX CPU for Bravo 4/25s Model 1238 I I 33MHz i4B6SX CPU for Bravo 4/33s Model 1238 B j I m ml m Plus these common features: I lIV I IV I 35 1-44M8 floppy drive i W V rUNU
      269 words
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  • Page 15 Advertisements
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      172 15 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 This announcement appears as a matter of record only. SINGAPORE LAND LIMITED *****,000,000 REVOLVING CREDIT FACILITY Arranger United Overseas Bank Limited Lead Managers Oversea-Chinese Banking Corporation Limited United Overseas Bank Limited Senior Managers Deutsche Bank AG, Singapore Branch Dresdner Bank AG, Singapore Branch
      172 words
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      Page 15 Advertisements Column 2
      293 15 THE 1993 ASEAN -^nLMUSEMESITWixm'STiii CONFERENCE 30 September -1 October 1993 Marina Mandarin, Singapore Meet the World's Industry Players: Landmark Entertainment Group, USA Simulation Devices, Canada Rhythm ft Hum, USA Battagfia Associates, USA Sequoia Creative, USA Marini Slavik Denham, USA Leisure and Recreation Concepts, USA Doyle International, USA Water Ski Shows,
      293 words
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  • Page 16 Advertisements
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      195 16 Ml WhiteWestinghouse WW ELECTRIC DEHUMIDIFIER Protects your home, *No installation GBjj ISE! irt Ujj required just iIP §jj ||9 Completely mobile aS|ll Ofj with easy-roll gsj m castors. J 3.0 amps. 'j Sot* Agant: SI BALMAR MARKETING S Tel: 235 9577 Mmv#w Jafcaafi Jmmr Qmrft if f*Trrfwrti> itutfi Km! AaU,
      195 words
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      Page 16 Advertisements Column 2
      33 16 •As and when the latest London/ 1. Rotterdam prices are not available, the previous trading day's closing figures are carried instead The ISSBSB K= offers lb the most F current ■Klsto/job Br opportunities
      33 words
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  • Page 18 Advertisements
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      Page 20 Advertisements Column 1
      138 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
      138 words
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  • SPORTS
    • Article, Illustration
      Lock icon Norman redeems himself on St George's sandhills
      445 21 Golf AP SANDWICH, England After so many defeats and disappointments, Greg Norman knew he would redeem himself. The British Open gave him the chance. "1 knew 1 could do it. And I did it. I did it my way," Norman said after his
      AP  -  445 words
    • TOURNAMENT BRIEFS
      • Article
        Lock icon Birthday boy loses the star prize
        63 21 AP NICK FALDO walked up the 18th fairway to a standing ovation. He was the defending champion in the British Open and he was about to finish with a 3-under 67. The trouble was, Greg Norman was already waiting to collect the trophy. It
        AP  -  63 words
      • Article
        Lock icon Norman survives toughest hole
        74 21 AP THE fourth hole proved the toughest all week and ultimately proved the difference in deciding the winner. Of Sunday's contenders, Nick Faldo, Bernhard Langer and Corey Pavin all bogeyed the 468-yard, par-4 hole. Greg Norman, who went on to win the championship, paired it. During
        AP  -  74 words
      • Article
        Lock icon Payne Stewart shoots best score
        82 21 AP GREG NORMAN's 6-under-par 64 was not the best score on the final day of the British Open. Payne Stewart took the honours with a 63, tying the course record set by Nick Faldo on Friday. But Stewart's achievement was virtually overlooked because he finished
        AP  -  82 words
      • Article
        Lock icon Faldo's rabbit and frog
        71 21 AP ON SATURDAY, a rabbit ran across Nick Faldo's path as he walked on the seventh fairway. On Sunday, it was a frog that got in his way. As he lined up a putt on the eighth hole, he spotted a tiny frog sitting next to
        AP  -  71 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        250 21 Reuter NEW YORK American League Sunday: Boston 7 Seattle 6; Baltimore 7 Minnesota 2; Cleveland 2 California l; Toronto 4 Kansas 3; Chicago 3 Milwaukee I; NY 13 Oakland 6; Detroit 2 Texas 0. Standings (wins, losses, winning percentage and games back) East Division: 1. Toronto 51 42 .548
        Reuter  -  250 words
      • Article, Illustration
        Lock icon Basketball
        111 21 AFP NEW YORK New York Giants linebacker Lawrence Taylor denied losing USSISO.OOO in golf bets to basketball star Michael Jordan. "I gamble, but money comes harder to me than it docs to Michael.'* said Taylor, calling the actual amount lost to Jordan "substantially less". Taylor spoke as he arrived
        AFP  -  111 words
      • Article, Illustration
        Lock icon Golf
        218 21 Reuter AFP LONDON Greg Norman has moved up to third place from fourth in the Sony world rankings following his victory in the British Open championship on Sunday, but Nick Faldo is still the clear leader after finishing second. Standings: I. Nick Faldo (GB) 21.93 pts 2. Bernhard Langer
        Reuter; AFP  -  218 words
      • Article, Illustration
        Lock icon Tennis
        60 21 AFP PARIS Davis Cup World Crowp quarter-finals last weekend: Australia b Italy 3-2; India b Francc 3-2 (Ramcsh Krishnan completed a 2-6. 6-4, 4-6. 7-5. 6-4 win over Rodolphe Gilbert in the final singles rubber yesterday): Sweden b Netherlands 4-1; Germany b Combined C/.cch and Slovak Republics 4-1. Semi-fi-nals
        AFP  -  60 words
    • Article
      Lock icon Krishnan snatches win for India
      137 21 Davis Cup AFP FREJUS, France Super-cool Ramesh Krishnan held his nerve to steer underdogs India to an historic victory over France in the quarter-finals of tennis' Davis Cup yesterday. Krishnan was locked at 4-4 in a thrilling final set against Rodolphe Gilbert in the deciding
      AFP  -  137 words
    • Article, Illustration
      Lock icon Huge payouts for loyal Shark punters
      403 21 Review of British Open AFP SYDNEY Loyal Australian sports gamblers, who have lost so much for so long backing the fortunes of their enigmatic golfer Greg Norman, finally exacted revenge on bookmakers after the "Shark" won a second British Open. Bookmakers across Australia reported
      AFP; Reuter  -  403 words
  • Page 21 Advertisements
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      378 21 jgjjT BusinessTimesl -ir'TJL Free trade system hangs in the CMm** «m I balance as G-7 leaders meet |gr 1 araH SOFT DRINK $1-00 HARD NEWS 75* A REFRESHING INSIGHT IF YOU'VE BEEN LIVING OFF OLD NEWS FROM PASSED-QN BUSINESS PAPERS. Drought. One of the worst things that can I I
      378 words
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      1100 22 Nothing Beats A Bud. where to wine, dine and entertain or A "Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Mon Sat 11.30 am to 2.30pm Sun 10.30 am to 2.30pm KtarcH King's Hotel Clarion. A Member of CDL Hotels. Havelock Road. Singapore 0316. Tel: 733
      1,100 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Buckingham Palace beckons
      783 23  -  Next month, Buckingham Palace will open its doors to paying visitors. Leslie Shepherd takes us on a conducted tour of Queen Elizabeth IFs official London residence Leslie Shepherd AP HEAR ye who yearn to see inside Buckingham Palace, but cannot marry into the family, visit as a
      AP  -  783 words
    • Article, Illustration
      Lock icon Mork may be going into orbit again
      543 23 CHATTERBOX AP Reuter Reuter AP AP ROBIN WILLIAMS, who once played an alien in the sitcom Mork and Mindv. might be going into orbit again, this time as a guest on Star Trek: The Next Generation, the show's executive producer. Rick Berman, said.
      AP; Reuter  -  543 words
  • Page 23 Advertisements
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      229 23 sler I Shark's Fin Special 10 PERSONS 198.00Lb Lobster Salad with Fresh Fruit J Shark's Fin with Spring Chicken j,*. f Deep Fried Crispy Chicken .jf J Deep Fried Salted Live Prawns y Steamed Red Fish with f/// Soya Bean Crumbs l////// J Sliced Cuttlefish with Broccoli E-Fu Noodles with
      229 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1252 23 I TV RADIO Adam's R9>, 10.30pm, SBC *|K|3 George Cukor. Katherine Hepburn Spencer Tracy top form as married lawyers who take the battle into the courtroom. Hepburn </ v*% defends dumb blonde Judy Holliday on a murder charge while Tracy prosecutes. L jHfl Nature af Things: Coral Raafs B N
      1,252 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Sleepy Laos hotel industry waking up to the world
      712 24  -  S'pore has penetrated, while Thailand and France are likely to invest soon, reports Harish Mehta Harish Mehta THE sleepy Laotian capital of Vientiane, sprawled along the muddy banks of the Mekong river, only boasts one major hotel targeted at foreign businessmen
      712 words
    • Article
      Far East packing in more units with smaller flats
      762 24  -  Developers trying new tack to make prices affordable, reports Lee Han Shin Lee Han Shin BIG may be better but small certainly sells well. This is the conclusion a number of Singapore developers have come to after watching residential property prices
      762 words
    • Article, Illustration
      $1.65b Pontiac Marina planned as new showcase
      1044 25  -  Lilian Ang reports on the mega project with close to 4 million sq ft of commercial space and 2 million sq ft of retail space Lilian Ang FOR a group which takes pains to keep a low profile, proper-ty-based Pontiac Land has chosen
      1,044 words
    • Article
      PROPERTY WATCH
      317 25 Selected ERA transactions in the past week 1 Hid 1 Pn»* I Tn» "-gjy T«~. I I MM PWVATt Jut 12,1993 1026 Fairer Court Apt 1550 99 438,000 406 Jul 14,1993 1026 Spanish Village Apt 1550 FH 820,000 283 Jul 16,1993 1128 Arcadia Garden Apt 3200 99_ 1.6
      317 words
    • REGIONAL SKYLINE
      • Article
        Lock icon HK market heading for correction?
        131 25 South China Morning Post HONGKONG Hongkong's booming property market could be heading for a correction, warned the managing director of Hongkong's biggest property firm. But Jones Lang Wootton's Nigel Raymond said a cooling-down period was in the best interest of the industry. "Frankly, someone sooner
        South China Morning Post  -  131 words
      • Article
        Lock icon Change in HK industrial property scene
        83 25 South China Morning Post HONGKONG Hongkong's industrial property scene is going through a radical change as manufacturers shift their operations into southern China. The government is now granting industrial cum office occupation permits to allow developers to incorporate upmarket office facilities in an industrial
        South China Morning Post  -  83 words
      • Article
        Lock icon High office rents threaten HK's status
        109 25 South China Morning Post HONGKONG Soaring office rents in Hongkong could pose a threat to the colony's status as the favoured regional headquarters for multinational companies. The high rents are causing many MNCs to reconsider where else in the region they could establish head
        South China Morning Post  -  109 words
      • Article
        Lock icon Retail scene hots up in Asia
        104 25 Australian Financial Review SYDNEY Bangkok's retail space is expected to double by the end of 1994. while Hongkong's will grow by 25 per cent, said Colliers Jardine. The retail space in South Korea. Taiwan and China are also set for a surge, it said.
        Australian Financial Review  -  104 words
      • Article
        Lock icon NZ harbourside property on offer
        97 25 Australian Financial Review AUCKLAND Asian and Australian companies have expressed interest in a large chunk of New Zealand CBD harbourside property which was put on the market recently. The undeveloped property has been valued at between NZSIS million (5513.2 million) and NZS3O million and can
        Australian Financial Review  -  97 words
    • Article
      Lock icon Japanese developers play golf as bankers sweat
      419 25 Reuter THEIR firms deep in debt. Japan's property speculators play golf and party in luxury hotels in Hawaii. while bankers in Tokyo who lent them money curse and sweat over how to get it back. The three-year slump in the property market has
      Reuter  -  419 words
  • Page 24 Advertisements
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      329 24 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I.LekßakKwee of 113 Pasir Ris Street 11,103-671, Singapore 1851, have applied for a Beer House, First Class licence in respect of premises at Mfe Cafeteria De West (Snack Bar) at 12, West Coast Walk, Blk B, #02-14, West Coast Recreation Centre, Singapore
      329 words
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      Page 24 Advertisements Column 2
      95 24 SELATAN INVESTMENT PTE. LTD. ON MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF PINAL GENERAL MEETING NOTICE is hereby given pursuant to Section 308 (1) A (2) of the Companies Act, Cap. 50, that a Final Meeting of the Company will be held at 101 Upper Cross Street •04-43 People's Park Centre, Singapore
      95 words
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      Page 24 Advertisements Column 3
      131 24 NOTICES LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Ixk Bak Kwee of 113 Pasir Ris Street 11,103-671, Singapore 1851, have applied for a Beer House. Second Class licence in respect of premises at Cafeteria De West at 12, West Coast Walk, 101-10, West Coast Recreation Centre. Singapore 0512
      131 words
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      Page 24 Advertisements Column 4
      363 24 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Quek Chwee Huat of Blk 40, Sim* Drive #10-219 Singapore 1438, have applied for a Beer Houk, Fim Class Licence ill respect of premises at M/S FM Nonya Food, at No 10 Lorong 3 Gey lan g, Singapore 1438, and that
      363 words
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      Page 24 Advertisements Column 5
      364 24 This article first appeared in the July issue of Singapore Business I NOTICE NOTICE IS HEREBY GIVEN that, I SohHai Ming ofßlk 107 #11-156 Ang Mo Kio Ave 4 Singapore 2056 have applied for a Public House, First Class Licence in respect of premises at M/s Golden City Music Lounge
      364 words
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      152 25 FOR LEASE Breakfast in a garden terrace 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 apartment,
      152 words
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      Page 25 Advertisements Column 2
      67 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 atul tender documents, please cot it act. Joint Sole-Marketing Agents: 10 ANSON ROAD *06-11 INTERNATIONAL PLAZA S(0207) ■ilHiilH LYNN/ANNIE -223
      67 words
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      Page 25 Advertisements Column 3
      5 25 "N'~o~T"T~C E~ s| L J
      5 words
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  • Article
    Horse-trading time in Japan
    546 26 EDITORIAL AS everyone predicted, Japan has entered a period of political instablity, with the Liberal Democratic Party (LDP) chastened but unbowed. After Sunday's watershed election, the LDP remains the largest single party, with 223 seats in the 511-seat Lower House. The party's leaders say they still
    546 words
  • WHAT THE OTHERS SAY
    • Article
      When the law works well
      332 26 IT WAS not long ago that a spate of unbelievable violence by road bullies, and some rather lenient sentences on them, was beginning to create the impression that people could get away lightly with violence even in law-and-order-conscious Singapore. That impression was erased swiftly by
      332 words
    • Article
      Join grassroot organisations
      168 26 THE PRIME MINISTER'S call on the need for members of ethnic-based groups to join grassroot organisations should be considered seriously. It is indeed a timely call. It comes at a time when various ethnicbased organisations such as Mendaki, CDAC and Sinda, are actively involved in activities that
      168 words
    • Article
      Develop a balanced economy
      239 26 IN A REPORT by the Committee to Promote Enterprise Overseas headed by Minister of State (Finance Communications) Cdre (Res) Teo Chee Hean. it was emphasised that "the development of overseas enterprises is to enhance and not to substitute the local economy". Singapore's private direct investments overseas
      239 words
    • Article
      A policy of dishonour
      114 26 GOVERNOR CHRIS PATTEN met Home Office officials in London on his last visit. As a former member of the government which has maintained this policy, it must have been an uncomfortable meeting. Little seems to have been achieved. There is no doubt, however, that many British
      114 words
    • Article
      Protect the environment
      174 26 WE REALLY MUST do something about it. We have been talking till the cows come home and then go out to pasture again. And things have remained pretty much the same. Or rather, we think that the situation has deteriorated much to everyone's chagrin and worse, bad
      174 words
  • Article
    A tough choice
    1254 26  -  Leon Hadar examines the three trade models that the Clinton administration has to choose for the United States Leon Hadar The writer is a Washington-based journalist who contributes to BT FACING domestic and international pressures, a set of deadlines, and complex legal problems, the Ginton administration is
    1,254 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      112 26 Investmeß^ 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: 1 Stocking up stocks experts review opportunities in Singapore, Malaysia, Thailand, Indonesia, India, Australia, US, Europe and Japan Hot properties prospects
      112 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      61 26 LOOK. P»*T "TVIG. EuBBCR mp»R<S UNCeR wis DeSK rop &RISTDU) WAS) nes BG6N KICKING HIS MCCLS iM I P* ROVXSM 7 J e ASSOCIATED NEWSPA*€R3 LTD IM2-IM3 L W7I DOONESBURY GARRY TRUDEAU /re~u«= ,/tup Sera? settSt 1 I rVSAMAP WW r cm*wrepsc*mi>& T^^pSrrSuSnne. fTi f OFTHBCOTA- fSI IORPKPUISNWSeeSAY UX&ANSV>C7WNbCmCZ. OWMAP,
      61 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Making money in Mandalay
      1346 27  -  Myanmar is struggling to emerge from decades of socialist stagnation. Nirmal Ghosh, after a fortnight's travel, reports on this culturally rich and politically complex country Nirmal Ghosh, ON A midsummer afternoon, a spanking new Nissan pickup truck pulls up at the porch of the Mandalay Hotel.
      Photo by Nirmal Ghosh  -  1,346 words
    • Article, Illustration
      Lock icon Getting serious about drugs
      1331 27 DAVID Abel, Myanmar's Minister for National Planning and Economic Development, gets unusually truculent when asked about drugs control. The brigadier-general leans forward and holds up his thumb and forefinger to indicate a big zero: he is referring to the help that Myanmar gets from the international
      Photo by Jorn Kristensen  -  1,331 words
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  • Article, Illustration
    Lock icon Miyazawa won't quit yet, says LDP must preserve unity
    611 28 He will decide on his political future before Parliament sits next month Reuter TOKYO Japanese Prime Minister Kiichi Miyazawa, fresh from a smarting general election setback, said yesterday he would not resign at once but would decide on his future before
    Reuter  -  611 words
  • Article
    Lock icon Russian investors snap up shares as stock fever grips nation
    433 28 Reuter MOSCOW Russian investors have snapped up shares ofTercd for vouchers in two hotels, a confectionery plant and a department store in Moscow in the latest sign of a stock fever beginning to grip this nation of 150 million people.
    Reuter  -  433 words
  • Article
    Lock icon Oil prices fall after UN-Iraq agreement on missiles
    248 28 AFP LONDON Oil prices fell below US$l6 a barrel yesterday on news that Iraq and the United Nations had apparently averted a showdown over weapons monitoring, boosting chances of a resumption of Iraqi oil exports. In early afternoon, benchmark Brent North Sea
    AFP  -  248 words
  • Article
    Lock icon Fresh charges filed against six ill Maxwell fraud case
    373 28 Reuter LONDON The Serious Fraud Officc (SFO) filed new charges yesterday against the men charged with helping the late publishing baron Robert Maxwell commit some of the biggest frauds in British financial history. Maxwell died mysteriously at sea in November 1991,
    Reuter  -  373 words
  • Article
    Lock icon Thai govt to return assets to ex-top officials accused of graft
    176 28 AP BANGKOK The Thai government will return millions of dollars in assets to 10 former top officials who were accused of corruption and ousted in a 1991 military coup. A government committee said yesterday that the assets would be
    AP  -  176 words
  • Article
    Lock icon Sri Lanka in drive to woo Gulf investors
    222 28 AFP ABU DHABI Sri Lanka has launched a drive to attract investment from wealthy Gulf Arab states and boost exports to their lucrative markets. The South Asian country, taking advantage of a business upturn in the region, will open a consulate in
    AFP  -  222 words
  • Article
    Lock icon Inflation-wary Greenspan faces tough questioning by growth-minded Congress
    528 28 Reuter WASHINGTON With the cconomy stumbling and inflation tame. Federal Reserve chairman Alan Greenspan faces a delicate task this week in explaining to Congress why the central hank leaned towards restraining growth. And some analysts are calling the latest Fed stance a
    Reuter  -  528 words
  • Article, Illustration
    An Islamic peacekeeping force for Bosnia?
    908 28  -  The Bottom Line MICHAEL LEIFER MICHAEL LEIFER The writer, professor of international relations at the London School of Economics and Political Science, contributed this commentary to BT THE offer by seven members of the Organisation of the Islamic Conference (OIC) to send some 17,000
    908 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      161 28 11 f Singapore s most popular >> Nitsukoi® I Key Telephone System V J A WACTKAI IWO MY COtVOOKE KM Ml COMT/UKS OKRATMG M CHMA JOINT VBNTUM IN •rvrxxx--'- SBHBSB: vBBBBBi JHNRF major IssueVto"m discussed'include ALegal Structures for Joint Ventures Terms Strategies AFinancing Options AProjed Finance ATax Policy Incentives AEnforcing
      161 words
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      Page 28 Advertisements Column 2
      16 28 SINGAPORE COMMAS Distributor of the most sought after Key Telephone System HHi^r Tel: 278 7088 J
      16 words
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  • Shipping Times
    • Article
      Jaya's Batam shipyard to be ready by year-end
      465 29  -  By Rahita Elias SINGAPORE Sesdaqlisted Jaya Holdings' shipyard in Batam will begin operations by the end of the year. Jaya managing director Pang Yoke Min to'd Business Times recently that the Indonesian facility will kick off with barge construction and afloat repairs.
      465 words
    • Article, Illustration
      Lock icon It's not all plain sailing for cruise lines
      651 29 Although the ships are full, yields are low Seatrade Review NEW YORK Although cruise lines are filling ships, yields continue to be a concern, and the industry admits that 1993 is a lot tougher than expected. What happened? Some cruise executives blame
      Seatrade Review  -  651 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      851 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 I •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9
      851 words
    • Article
      PSA tenants get reprieve
      344 29  -  By Ramesh Divyanathan SINGAPORE The Port of Singapore Authority (PSA) has given prospective tenants of its newest container freight station more time to obtain a banker's guarantee. A PSA statement, issued in response to a Business Times query, said that tenants could defer submitting a guarantee
      344 words
    • Article
      Lock icon Outboard Marine incurs US$104m loss
      491 29 Bloomberg Business News WAUKEGAN, Illinois Outboard Marine Corp (OMC), the nation's largest manufacturer of outboard engines, said it will cut 9 per cent of its workforce and close several facilities after taking a U*****.4 million (Ssl74 million) restructuring charge in the third quarter. The company
      Bloomberg Business News  -  491 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        538 30 Vessel Voy No Berth Arrival Departure Son Long 1 41/93 P02 dtofy.de 20 07 0/00 Yu»«« 3/93 P07 atongwfc 210/ 0600 Donam 30/N P03 alongside 19.07/2300 Bays*ater 118 930/9* P01 20 0//0900 20 0/ 1200 Brastae 1 *28/93 P03 200/ 1500 20 0 2300 Clmii* Hmg 5
        538 words
      • Article
        CONTAINER SCHEDULES
        1732 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balance Rdts Ship Voy No Etb/Btr Period From To From ACX Smn 75A 21/1500 2 19/1/00 20/0659 20/0900 4 20/1200 20/1459 20/1700 Ad Gone baton 35SB3 20/1500 1 19/1500 19/1659 19/1900
        1,732 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      7617 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
      7,617 words
    • Article
      SHIPPING AGENTS
      3376 43 A XIJK I ontainerline NV: Bclsin Shpg Agencies Pte Ltd (SV Marine Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pie Ltd (SVAccord Contr Line (PK/PN) Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) \hrenkiel Liner Service: Kim Shpg T rdg (S). Vlbutros Sen- Air Service:
      3,376 words
    • Article
      COURIER SERVICES
      262 43 Abacus owim Tel: 545-8011. Fax: 545-1898. Air Express Travel Td: 533-5J71. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716 *****80. Airswift Worldwide C ourier Tel: 278-0188 Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Liak International Td: 344-3377. Fax: 345-6450. Cluster Link Supplies A
      262 words
    • Article
      AIR FORWARDERS
      1455 43 A hex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Siagapore Td: 542-7812' Fax: *****20. Aeroliak Freight International Td: 545-8031 Fax: *****05. Td°J4M9l I. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06 Air Express International Td: 542-7666. Fax: *****74. *****50. Ak
      1,455 words
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      PORT CONDITIONS
      2329 44 ALBANIA Duress: Three vessels in port of which I discharging wheat, I tanker discharging kerosene. I other vessel. ANGOLA Port operating normally. Power supplies currently intermittent. Following reports of increased Unita activity, there is a slight increase in tension in the port. No port congestion, maximum waiting time
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      Lock icon SHIP SALES & TANKER RATES
      1113 44 SHIP SALES TANKER RATES AFP AFTER the recent interest in VLCCs it is understood that A P Moller have now located buyers for their three "K" type ULCCs. These 330,000 tonners built 1976/77 are said to be sold to clients of Thenamaris at about US$42 million "en bloc" with speculation
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      AIR FREIGHT SCHEDULE
      556 44 ARRIVALS DEPARTURES °P Flight Type ETA T hom 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 I SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL617 B747F 0345 I TYO KAL
      556 words
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      CRUISE & FERRY SCHEDULES
      218 44 CRUISE FERRY SCHEDULES CRUISE SIMPS Air Dtp .Nmk of Vessel ETA ETD Potts of Calls Port Agent Teiephoae No JULY 21 21 Continental World 1200 2000 Sin-Jakarta Lauw& Sons Travel 227-8284 25 25 Continental World 1000 2000 Sin-Phuket-Penang Lauw Sons Travel 227-8284 29 29 Continental World 1400 2100 Sin-Jakarta Lauw
      218 words
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      DAILY FREIGHTS
      506 45 PHYSICAL freight rates on the US Gulf/Japan grain route showed slight gains on Friday hut the overall Baltie Freight Index (BFI) dipped three points to 1.360. brokers said. The US Gulf/Japan heavy grain route saw panamax ships attracting rates of U5521.30 and US$22. versus US$2l paid yesterday. However,
      506 words
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      TRANSPORT DIARY
      1096 45 COURSES Title: Forklift Operations (above 5 tonnes) (Approved-in-Principle SDF) Duration: July 19 Nov 18 (3 courses of 4 days duration) Organiser Singapore Port Institute Tel: For further details and application forms contact SPI at 321-1707 (Operations Courses) 321-1107 (Marine Course) or fax: 321-1416. Title: Forklift Operations (above 5
      1,096 words
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      Lock icon Jaya lives up to its name
      972 46  -  Rahita Elias reports on how a local shipping company has successfully managed to overcome hard times Rahita Elias JAYA HOLDINGS seems to have lived up to its name, which means success in Malay. The company, set up in 1981, is one of the suia
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    • AIR AND LAND TRANSPORT NEWS
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        Lock icon No travel privileges for SIA shareholders
        306 48  -  By Dexter Lee SINGAPORE Singapore Airlines (SIA) will not give travel privileges to shareholders but will continue to reward them with dividends, said SIA chairman J Y Pillay at the company's annual general meeting on Saturday. Mr Pillay was responding to a shareholder's suggestion
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      • Article
        Lock icon Asian airlines spur sales of air traffic control equipment
        538 48 Commercial Aviation News TOKYO Makers of air traffic control equipment predict increased competition in the rapidly growing Asian market, especially as Chinese airlines put more aircraft into service, open new international and domestic routes and spur the construction of more modem
        Commercial Aviation News  -  538 words
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        Lock icon United Airlines unions to offer cuts in return for equity stake
        415 48 FT CHICAGO The three biggest unions at United Airlines, one of the largest American carriers, on Thursday said that they intended to offer the company a package which would cut employee costs significantly in exchange for a substantial equity
        FT  -  415 words
      • Article
        Lock icon DHL plans major push into Australian, New Zealand markets
        162 48 Bloomberg Business News SYDNEY Express freight giant DHL International has announced that it plans a major marketing push to snare more international freight in Australia and New Zealand markets. The move is part of a US$l.25 billion (SS2 billion) investment programme
        Bloomberg Business News  -  162 words
      • Article
        Lock icon Faster MAS flight to Madrid via London
        341 48 MBT KUALA LUMPUR Come Oct 31, all Madrid-bound passengers on Malaysia Airlines (MAS) flights will arrive at their destination faster, with the re-routing of the flight via London. Malaysia Airlines corporate communications executive Mohd Yuzer YusofT said the carrier's once-weekly flight to the
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          Lock icon Two container ships collide off HK
          116 48 AFP HONGKONG Two container vessels collided here early yesterday, but there were no reports of injury as crew members abandoned ship and were all picked up, a marine spokesman said. The 3,961-tonne Panama-registered Sun Kung N0.6, a general cargo vessel, collided with another container
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          Lock icon Call to cooperate to prevent oil spills
          110 48 Bernama-Kyodo TOKYO A Japanese government report issued yesterday calls for international cooperation to prevent ocean pollution from oil spills by tankers. The fiscal 1993 White Paper on ocean shipping, published by the transport ministry, proposes that Japan cooperate with other countries in preventing
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          Lock icon Croatian airport reopens
          56 48 Reuter CROATIA Passengers alighting from a Croatian Boeing 737 last Sunday, the first airliner to land in two years after the airport was closed to civilian traffic. The airport had been occupied by rebel Serbs of the Krajina enclave in Croatia until it was recaptured in a
          Reuter  -  56 words
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          Lock icon Russian call for patrols in Chinese waters
          67 48 Reuter MOSCOW Russia's shipping firms have asked for regular navy patrols in Chinese waters where 28 Russian ships have been impounded or robbed in recent months, Interfax news agency said yesterday. The directors of large Far East-based shipping companies also appealed to Moscow
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          Lock icon Plan for new Hanoi airport terminal
          91 48 Reuter HANOI Britain's John Laing (International) pic will conduct a feasibility study for a new terminal building at Hanoi's Noi Bai airport financed by a US$2OO,OOO (*****,000) European Community grant, the EC announced here yesterday. The ECs executive commission had approved the grant covering
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        • Article
          Lock icon Car firms protest against Indian duty
          82 48 Bloomberg Business News NEW DELHI Four Indian-Japanese joint ventures producing commercial vehicles suspended production to protest against a government decision to impose a new duty on component imports. The four companies are DCM Toyota, Eicher Motors, Mahindra Nissan Allwyn and Swaraj Mazda. TTie customs
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1356 48 cng rn« et« fbcm era hk* WmM GA893 1630 GA974 1940 MlllMl QF81 1930 Qf82 2055 Uatmtam GA895 1435 SQ320 1100 KL837 1445 GA974 1940 SQ323 1725 KL838 2310 Mmn SQ348 2300 AncfciMd NZ35 1550 SQ288 2015 SQ286 2030 MZ36 2340 SQ288 2030 Bahrain GF148 0905
        1,356 words
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      17 29 tf you want it thereJ 1 yesterday, I Fty h us today, a a I 1 GRFFJNKWETIC^4SOIMi
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      35 29 Living up to its name, Pg 18 Linee end servicee represented by Members of the Registry ol Accredited f*tfS£p\ SNpping Agents, Singapore wmjjfjbj Netional Shipping Association x®' For adverting enquiries, contact Shipping Times: Tel 740-2089^740-2090
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      42 29 Intenational Freight Forwarder EUROPE LCL FCL Services "^@ooooo© M+R FORWARDING PTE LTD No travel privileges for SI A shareholders, Back Page HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. Business Times WE KNOW ASIA
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      450 30 TSKLME AGENCIES (S) PTE. LTD. r I 1 jr vmrp Tel: 226-3363 □>■5 i I lIMy Fax: 226-1972/3 r»rrr7-7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I [wnw wt m rat p I w w mo m no iw ag w w§ OOCWT 54 2U>7 2107 ACX
      450 words
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      1486 30 WWKCT TO UfA WKfT QOAT (>s*■—QWf QffM ggg HBL, MKT IMn—Ml—if CTWAr «M"MM «MM» JUL WW iW u m ML- a Ml JBBlg_flK IB IMB WIT f— 811 MM— H!■ ***** ML 1 Mliffl cai»cwm* Mutcutrr 54 ?i22 7 71 11 lit 1211 ioi ioi in i2J mi mm awu
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      2322 31 OOCL (8) PTE LTD JAROtNE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. SHO. TEL: *****13 FAX *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD>/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****62 IPOH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL: *****21/
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      1981 31 r FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS LICA MAERSK V.9308 ETA SIN 29TH JULY 93 REPULSE BAY V.5055 ETA SIN 31ST JULY 93 Vo* ETA ETD Faateby DESTINATIONS MM MAW maersk »306 cy 27/07 oeoo hrs CfS 26/07 235* M«S JOH LPK PEN OAK LOB MOO MEW ATI IMA CMS BAL PHI
      1,981 words
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      1528 32 aqaba r dam/1 [i also accepting from VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE FRANKFURT EXPRESS 68/128 21/7 7/8 10/8 8/8 rtang Pen anq KITANO 20-328 24/7 2/8 8/8 11/8 14/8 16/8 18/8 Pasir Gudarig KATSURAGI 16/129 28/7 14/8 17/8 15/8 EAST MALAYSIA
      1,528 words
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      564 32 BDI FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aN services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ala North Korea a Vietnam a Mongolia a Hungary CSFR a Poland ocT<§>Trans AGENOES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN
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      1006 32 NORAMA 1 327 3 12/2? U/S 13/00 14/00 15/08 16/08 17/01 lt/OS 19/01 I NnRAUA M/M 21/01 24/08 24/01 25/ M 26/08 27/01 29/01 I £**SJA 05/08 25/0# 28/08 29/01 29/01 31/08 01/09 02/09 03/09 04/09 I 07/09 08/09 09/09 10/09 11/09 tic» nm 5"1, CLU MAA PRS ALX PSD
      1,006 words
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      1957 33 H STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 Keppet Timers -iiat»irr 0208 Tel: *****58 Fax: *****17 mm qimma Pkcmc urn IBBIBaaiSBiaH Ifißi ia owvici of chma navigation a» accepts KMVr CMGO DUE SMS mb maai viot kk. sum. fn 19-n m kn a m fcl. lcl contamen am>
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      Page 33 Advertisements Column 2
      2456 33 WjKX SINGAPORE AGENT: I ArfetQlYlAf*C PAO Containers (Singapore Agencies) Pte Ltd ■RA HI W VjlVllLCtllivl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 HRK&fftrefcPV Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z VEOOCL VOY -FMG -NO aw M.« SOU M(T MOT NAM
      2,456 words
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      675 34 I INDONESIANATIONALLIN^^ ETflßJftflPE WM lflߥlllW «t nor mwumi" tram; I waoi| wwT kuim i2tm I u-nn Imi i/» 5/9 TO AusmSßT* 1 FuixCQireMNEfi Wummr* WL/WH r«l STOK SYP MELB BMS ERE [MIL It ttSSEL 7SS 26/7 25/7 10/1 13/» 7/1 k «aq ats 27/7 a/7 n/« u/i MOO ASIA 52*
      675 words
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      1841 34 (g) HANJIN SHIPPING FDR *Sl 5 LME HMA SEA PDX FDR VSI SM IIME HAU SAV IM NYC HANJW MASAN 079E 22/7 DMCT 12/1 SHP HMUM MASAN 079E 22/7 H REEL UK 043E 2C/I 27/1 21/1 HMUN SEATTLE 030E 29// DMCT 19/1 21/» HANM SEATTLE 030E 29 7 H. OT
      1,841 words
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      1155 34 I m-r w»Mt«tUt W WT on NET SK TTD UU OS W NTC UW MnnrMCP»CM KL W 1 I i Vn U',l *(J J/J 3/1 VI 4/1 7/1 1/1 21/1 1/1 3/1 4/1 14/1 IVI 14/1 17/9 14/1 21/1 |/1< 12/14 13/11 I I V\ y\ V* VI M/l IM
      1,155 words
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      2001 35 [f—y U SCX: 'CALIFORNIA MERCURY 54E' ETA SOP 21/07/93 H II ARRIVING LOS ANGELES 07/08/93 IN 16 DAYS II fSi AEX: 'NEPTUNE CORAL 10E' ETA SGP 22/07/93 ARRIVING NEW YORK 13/08/93 IN 22 DAYS W II H-enNdh|ta«nVayMiimaMMl *12 C«aMCtta| C. Way HI fcl HU V/M/S3 H 'visstt vor |"i^'l "u>»
      2,001 words
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      1003 35 SINSOV SMGAPORE SO VET SMPfMG CO PRIVATE LTD BOOKMGS: BAIT ORENT UNE: *****64 FESCO: *****06 ENQUMES: *****33 BLASCO ft ODESSA: *****51/*****31/*****13 MVENTORY: *****45 MWARD: *****81 OUTWARD: *****80 TRANSHPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANft *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARK MSURAMCE SERVICE: *****87/ *****87 CR
      1,003 words
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      1035 36 K 44 nv AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CI llfc **********011) W W V vm TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I MALAYSIA INK MARITMI (MALAYSIA) SON MO M TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SAAANA LAIIT MTBWUSA. TEL: JKT
      1,035 words
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      187 36 uonmenar kkoic Shiooina r 1 TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU STORE PK LOADMG FOR WORLD <MPMON SMLED SM.ED SAIED ROT/ANT/FLU/W/ BELFAST WORLD ACHLLES 11 21/7 2S/7 31/7 ROT/<NI/FUI/UR MARIA K 15/8 11/S 22 8 ROT/ANT/FLU/UK Loads Sabah/Monesia GONTIPAC SHIPPING PTE LTD Tel: *****32 Fax: *****40 PJC. MULTIPORT SON BHD.
      187 words
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      274 36 lTf?\ FOOWG SUN V SHIPPING (PTE) LTD. WHOLESALE CENTRE, BLOCK 1, #03-10 SMGAPORE 0511 TEL: *****55 (12 IMS) FAX: 005-*****10 TELEX: RS ***** FSSMP CR NO: **********0W kssel «ot eu no oestwatbn GW.F DAOU) 4/93 2S/7 21/7 PLAJU/fKLOBANC SUN HAY 11/93 »/7 21/7 PONTIANAK/SMTETE MMMM 7/93 29/7 31/7 PANIANG/BENGKUUJ GULF
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      715 36 PHILI ORICNT UN€S PTi LTP l" 10® 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 I AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 22 JUL SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 21 JUL AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH
      715 words
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      416 36 /%T7ssn GOLDEN LINE A IKG&%k GUM GUAN SHPPMG (PIE) LTD a. M* km IM MM UM TEL UUM (II IMS) Fa: U4JSM (a Hi. MU9SMNM) wmw/mnuimnniia S port P. Keiang Penang 6OUO NMNCST Karachi Mm 22/24 M GOUBISTMKarach Onto l/U ta| cut AIUTICT *****1 mma Ch.na Ports 24/21 M I
      416 words
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      1003 37 PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I B fIHI cr no iooeo67ooooE I I j VE3BCL VOY SIN CUB JW JED AOJ AOC MOO PZU HAI MONO HXOO3 29/7 3/9 10/9 15/9 11/9 13/9 19/9 HOT A WNtAWAN WRNO29 14/S
      1,003 words
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      1270 37 itsmi I wi I w rm» mobe iiaamibw kotummai mm* thumb it mm. HUM MACEPOWA I*29* »/07 70/ M 22/Ot 23/OA 24/M«/M WEIE BE «I> ;w» 81/ M 27/ M 29/0$ 30/ M 31/00 02/09 *U OE TUCAHA WW 07/ M 03/00 (ft/W M/ 00 07/ M mm wm be
      1,270 words
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      357 37 BSfl li. M MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yanjon (Rangoon) Sport PJU| Pot P.Gdf LOOIAM VI99W h Part MP* -AN VI93W 30/31 M 27/21 M NYONATWA VIUW 21/2) M PAGAN V2SOW 5/7 Au» MALAYSIA AGENTS: 00USTEA0 SWPOK AGEHCES U m 13-*****00 ML TEL 03-3tK7(7 rat m
      357 words
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      2396 40 Foil Container Liner Services M GemnlAtMts B-timg Agent* Qm Com SMpp* S* BM CMg CUm S*p* S* fW F.T. OtU h*n Mm* KMHm Costar Shipping Pte Ltd s*mr m* cm*« s* *m u tiu.tonm, a. it. i. km* W23 9-f 2 Motri ffvatf 47 MAI Stmt ***** ftrtMav Mm>SM« Jakarta
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      647 41 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 26/07 ROTTERDAM 21/07 AARHUS/COPENHAGEN 26/07 HAMBURG/BREMEN 26/07 MARSEILLE/FRANCE 22/07 FELIXSTOWE/UK 26/07 BARCELONA/SPAIN 22/07 LEHAVRE/FRANCE 26/07 GENOA/ITALY 24/07 ANTWERP/BELGIUM 22/07 LOS ANGELES/WC/IPI 25/07 SYDNEY/MELBOURNE 22/07 NEW YORK/EC 25/07 FREMANTLE/ADELAIDE 22/07 VANCOUVER 21/07 BRISBANE
      647 words
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      658 41 g^^^SeSm^SSSSnS^ TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) ]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA IIOAOtNG K» SPORE ANDtNET 31MB 21'06 DAHESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA •BBAY WOHT 37«V8 *23/09 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA H KIEN
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      601 41 JAKARTA BANGKOK «ML WW MM I KT 1 IKMB. IWT —Wi MMM—I NANA BHUM IISS 22/7 24/7 HYA BHUM* 291N hi Pt 20/7 Fri 23/7 MM BHUM I7S 23/7 27/7 MAHA BHUM 167W fhd 21/7 Sim 2S/7 GURU BHUM 200S Wl W> IW 1 1 -M? Oil *5 *11 DRAGON
      601 words
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      351 41 pL\ PONGNAMA LINE CONTAMOMKD fIBMCS ■^hMTMLV/MC/MII kssel s« n m iw mc bsn MMW V3MH 24/7 */7 It/7 29/7 l/l U/l TU9MS V3MN 1/1 2/1 «/l 15/1 11/ l Mumaatr wow 7/1 3/1 u/i 12/1 22/1 »/i HOWBIOWt a«T Mi 15/1 11/1 U/l 29/1 1/1 WOUND TNI gffHVICg HSSI SK
      351 words
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      1466 42 fkAfIMN CONTAINER LINES I -N=/\"l A 9« nt MAC-NELS SPORE: *****22 (24 LINES) I J\y V Jr/i ||o: **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/UKC/MED PORTS PEN PKL SIN EVERY TUE/THW/SAT PEN PK SIN 18/7 19/7
      1,466 words
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      154 42 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ua ih tu STOK rat! OlMt rtMRE Ml MR !t/l lojdMtf tot M* MMM MUM 1/1 lojdnt tw Cjkaltj nana* n/i lojdng Fw M* nana snw 11 lojdw« Fw MUte UMtIDH M POM loddwt Fw M* rtoouss inn n port loata*
      154 words
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      860 42 THONG SOON UNES PTE. LTD.I 71 SHENTON NAY #10-01, SMGATOK 0207 TEL: *****5S FAX NO: *****11 TLX: RS ***** CARMER, RS ***** JENHOL CABLE: TOSOCO tssa vor store kst itssa tor [store pest EQUATOR JADt 84/3£ 21 JUL KUCHING EQUATOR GRACE 93/3E 23 JUL SIBU EQUATOR 111 95/3E 25 JUL
      860 words
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      51 45 fa Eteoj&ue Housekeeper -this O I wants >s me. Bob I'll never nglec-t 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 Ml NGGU Singapore Press
      51 words
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      16 45 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Business Times
      16 words
  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      325 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUt OOOO 0100 0200 0300 0400 0500 0(00 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 II 3.1 2.7 2.1 1.5 0.5 0.6 0.4 0.4 0.6 1.1 1.1 2.2 2.5 2.5 2.2 1.7
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      351 46 WORTH PHILIPPINES FULL CONTAINER SERV CE VESSa VOYAGE SHGAPORE IHllii VIGOUR vmmm S«NB 23/07/93 31/07/93 yS»*Y VIGOUR SINGAPORE SSAWB 26/07/93 31/07/93 VKKMt PICHC zm 30/07/93 07/01/93 VIGOUR PACfK? 23ANB 02/08/93 07/M/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLAWG PEHMG MARINA MAS 9393N8 22/07/93 24/07/93 VIGOUR SINGAPORE S«NB
      351 words
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      665 46 @APPENSHIP /2\ HAMBURG ITT) CONVENTIONAL INDEPENDENT LINER SERVICE —S EUROPE TO SOUTH EAST ASIA ANO FAR EAST rasas lommc ran uschmge/imung for LONELEY SZCZECIN 28/6 HAM 30/6 ANTW 5/7 SPORE. BKK KAOTAM FOMENKO ANTW SLD SPORE 10/8 YOMOAN WTMOMU PORT SAID SPORE 1/8 KOALA CONTAINER LINE STORE FIX HAM ROT
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      Page 46 Advertisements Column 3
      291 46 JLcosco ukc conventional service VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/08 Rotterdam/Antwerp chma conventional service VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/08 18/08 Huangpu/Guangzhou COSCO FULL CONTASKR IBWICtI fFCL/FCLI EXPORT TO: CI MIA/SAN OK OK/HONOKONO EUROPE/CONTMENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN OULF/KARACHI Pteaae refer
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      Page 47 Advertisements Column 1
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      Page 47 Advertisements Column 2
      487 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL VOT PI IK U sen urn is ii/i mi SWT VUTM 2 H/1 SOI UUSM 71 21/7 21/7 TUB Mil SI 27/1 21/7 MM PI USE 2 31/7 FAR LIST EIPRESS 2 2R/7 2/1 MAR 111! 21 11/
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      Page 47 Advertisements Column 3
      915 47 kssel vor law eta/p| lax [oak leu I dm. ioi/col 1 hou I hyc wok ALLIGAIOR PWOE 44* 22-23/07 OS/OR 10/01 11/01 12/ OR 12/ OS 13/ M 13/0» 14/01 GEORGE NASHNGTOH BRDGE 71A 2130/07 13/0S 17/0« U/OI IS/08 H/0» 20/01 20/0« 21/08 ALLIGAIOR VICTORY 4M 05 06/08 22/ M
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