The Business Times, 30 July 1993

Microfilm: NL18843
Total Pages: 46
1 46 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Friday July 30 1993 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon UN forces to fight back in Yugoslavia
      65 1 AP WASHINGTON The US and France agree with UN leaders that no more attacks on UN forces in the former Yugoslavia should be tolerated without retaliation, the French defence minister said yesterday. If such attacks continue, Nato forces will be ready to retaliate,
      AP  -  65 words
    • Article
      Lock icon Democrats fail to break Senate filibuster
      63 1 AFP WASHINGTON Democrats failed by a single vote yesterday to break a Republican filibuster in the Senate blocking action of President Bill Clinton's plan for a national service programme. After the 59-41 vote, Democrats offered further negotiations with Republicans on the legislation which would
      AFP  -  63 words
  • Article, Illustration
    MARKET SUMMARY
    109 1 Stock market indices Tharsday Ckap STII 1,807.02 +12.81 KLSE Composite 764.70 0.73 Nikkei 20,456.85 +627.27 Hang Seng 6,899.93 -3.28 SET Index 924.62 +16.26 Jakarta Composite ...354.06 -0.58 CLSA China B 835.87 -4.55 Aust All Ord 1.828.5 +10.1 FTSE 100 2,917.6 +33.4 Than4ay Pr«fN! Ipm dose Do« Jones 3.571.89
    109 words
  • Article, Illustration
    Chinese officials deny slot machine deal with Magnum
    672 1  -  By Amy Balan, Leslie Lopez SINGAPORE Plans by Malaysian firms to export their gaming expertise to China hit a snag yesterday after Chinese officials reportedly denied any agreement with Magnum Corporation to run slot machines in Dalian city. The denial, carried in
    672 words
  • Article
    Lock icon Bundesbank rate move throws forex markets into turmoil
    466 1 Reuter, AP LONDON Currency speculators attacked the French franc and the Danish crown yesterday after Germany's central bank unsettled financial markets by cutting one leading interest rate but leaving another unchanged. The Bundesbank's decision to cut the less important Lombard rate by
    Reuter,; AP  -  466 words
  • Article
    Lock icon US economy disappoints with sluggish I1.6pc growth
    488 1 AP WASHINGTON The US economy grew at a disappointingly modest 1.6 per cent annual rate in the April-June quarter despite a rebound in consumer spending, the government said yesterday. The growth in the gross domestic product the sum of all goods and services
    AP  -  488 words
  • Article
    Soeryadjayas to sell stake in Summavest to HK group
    398 1  -  By William Chia SINGAPORE Indonesia's troubled Socryadjaya family plans to sell its 55.5 per cent stake in Singapore-listed Summa Investments (Summavest) to a Hongkong-based consortium. The potential buyers are believed to include Hongkonglisted Seapower International and international financier George Soros. Seapower
    398 words
  • Article
    Taipei delays decision on S'pore bid to increase stock investments
    453 1  -  By Schutz Lee SINGAPORE Taiwan's central bank is delaying its decision on a bid by the Singapore government to raise its investments in the country's bourse to US$5OO million (SsBos million), a move which some have inteipreted as a rejection
    453 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Export boom in telecom equipment
        356 2  -  By Schutz Lee SINGAPORE'S domestic exports of telecommunications equipment has been enjoying their share of the boom in the electronics export sector which began late last year. Although many analysts have attributed the surge in electronics domestic exports to the demand for computer and computer
        Source: Dept of Statistics  -  356 words
    • Article
      Thakral group in talks to buy 8 Aussie hotels from Westpac
      502 2  -  From Florence Chong in SYDNEY THE Singapore-based Thakral Group of Companies has entered into exclusive negotiations with the Westpac Bank to purchase eight hotels across eastern Australia for about As24o million (*****.6 million). The SingaDore-based group has confirmed that
      502 words
    • Article, Illustration
      Cash available 24 hours a day
      217 2  -  Text and photo by Arthur Leo ROUND-the-clock service, every day of the year, that's what Citibank customers will get at this almost completed self-ser-vice auto bank lobby in its Orchard Road branch. The private lobby, which forms the heart of the Citicard Banking Centre
      217 words
    • Article
      Furniture group to build US$30m park in China
      297 2  -  By Ven Sreenivasan THE Singapore Furniture Industry Council (SFIC) and 19 of its member companies are investing a total of some US$3O (5548.6) million in the Singapore Furniture Industry Park (SFIP) at Kunshan in the Jiangsu province of China. The decision was
      297 words
    • Article
      Dow Jones taking up stake in Asia's first business news satellite
      275 2 DOW JONES Co is taking up a 29.S per cent stake in Asia's first business news satellite, whose other shareholders include Singapore's Temasek group and Telecommunications Inc of the US, the world's largest television cable company. Asia Business News
      275 words
    • Article
      OCBC assures home buyers on new tender system
      301 2 OCBC Bank, which recently introduced a tender system to sell the houses in its popular The Countryside project, assured buyers yesterday that it would not profiteer from the new system. The bank gave the assurance to quell speculation that the bank stood
      301 words
    • NEWS ROUNDUP
      • Article
        Changes in GPC line-ups
        103 2 CHANGES have been made to the line-up of some government parliamentary committees. Yu-Foo Yee Shoon. MP for Yuhua. is now chairman of the Community Development committee. She replaces newly-appointed Minister of State for the Environment Abdullah Tarmugi. Ong Chit Chung, who resigned as a parliamentary secretary'
        103 words
      • Article
        Sisir opens new packaging centre
        138 2 THE Singapore Institute of Standards and Industrial Research opened a new packaging centre this week to serve the growing need for high-quality and high-tech packaging. The centre aims to help industry meet stringent environment-related rules in export markets. One of the most advanced in the
        138 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      404 2 DANIEL HECHTER PARIS distinctive menswear Boutique: 435 Orchard Road #01-29 Wisma Atria Singapore 0923 Tel: 733 5842. Also available at leading department stores. :|ffl|! usee/ to feel really tensed up, but since fV» got myself the fQ!2OO Computerised Massage Couch > I've been :fllß B&js&r t- -;>t *w Being a
      404 words
Page thumbnail Page 3
  • THE REGION
    • Article
      Fraud case may send shares of Thai Farmers Bank reeling
      435 3  -  From Andrew Cooke in BANGKOK BANGKOK brokers fear a huge fraud could hit the profits and share price of Thai Farmers Bank. The scam involves US$23O million (***** million) worth of fake financial instruments, including 10 promissory notes and two
      435 words
    • Article, Illustration
      Lock icon Sleeping on an important decision?
      53 3 Reuter HONGKONG Vietnamese refugees whiling away their time at Hongkong's High Island detention centre. The LNHCR announced last week that if the 58,000 refugees in Hongkong delay their decision to return to Vietnam by more than three months, it will slash their US$36O resettlement grant
      Reuter  -  53 words
    • Article
      Lock icon Jakarta denies labour union permit to hold congress
      233 3 AFP CISARUA, Indonesia Indonesian authorities at the last minute denied a permit for the Sejahtera (Welfare) Indonesia free trade union (SBSI) to hold its first congress yesterday, a top union official said. Citing a letter from the police headquarters in Jakarta, SBSI
      AFP  -  233 words
    • Article
      Lock icon Ramos launches firm to tap foreign capital
      336 3 AFP MANILA President Fidel Ramos yesterday launched a powerhouse investment firm to generate up to USSIOO million (SSI6I million) of foreign capital into the country, the Development Bank of the Philippines (DBP) said. The company, called the Philippine Strategic Investment Ltd (PSIL), will
      AFP  -  336 words
    • Article
      Lock icon Slower foreign investment may dent Malaysia's growth
      584 3 Think tank calls for measures to spur investment AFP, Bernama KUALA LUMPUR A slowdown of foreign investment into Malaysia, whose economy is consolidating after six boom years, could dent growth. The executive director of the Malaysian Institute of Economic Research. Kamal Salih, said
      AFP,; Bernama  -  584 words
    • Article
      Lock icon Why Laotians are wary of bridging S-E Asia to Indochina
      453 3 AFP VIENTIANE Thailand's investment plans in neighbouring Laos risk turning the country into a truckstop on the commerce route to Vietnam and China, but Laotians have some strong ideas about self-preser-vation. Laos sits right in the middle of the land
      AFP  -  453 words
    • Article
      Lock icon Singapore, Malaysia agree on new marine border
      159 3 AFP KUALA LUMPUR Malaysia and Singapore said yesterday they had agreed on a new territorial waters boundary after three days of talks here on joint border issues. Officials at the fifth Malay-sia-Singapore meeting on the demarcation of boundary in the Straits of Johore
      AFP  -  159 words
    • ASIA NOTES
      • Article
        Lock icon China, Russia, N Korea in land pact
        104 4 UPI HONGKONG China, Russia and North Korea have signed a preliminary agreement to rent out land to developers in the lower reaehes of the Tumen river, which forms a common boundary, the pro-China Ta Kung Pao newspaper said yesterday. The same three countries
        UPI  -  104 words
      • Article
        Lock icon Pakistan prepared to use nuclear bomb
        104 4 AP ISLAMABAD, Pakistan Pakistan has a nuclear bomb and will use it if conventional forces face a battlefield defeat, warned a retired army chief and former supervisor of the country's nuclear programme. Gen Aslam Beg said in an interview on Wednesday that Pakistan acquired
        AP  -  104 words
      • Article
        Lock icon Cambodian leaders to visit Thailand
        64 4 AFP BANGKOK The leaders of Cambodia's interim government. Prince Norodom Ranariddh and Hun Sen, will pay an official visit to Thailand on Aug 13-15, an official said yesterday. The Cambodian leaders will have discussions with Thailand's Prime Minister Chuan Leekpai and Foreign Minister Prasong Soonsiri,
        AFP  -  64 words
      • Article
        Lock icon Japan's industrial output up 1.3pc
        54 4 AFP TOKYO Japan's industrial production in June rose 1.3 per cent from the preceding month, the International Trade and Industry Ministry said yesterday. It was the first advance in three months, the ministry said in a report. Ex-factory shipments in June went up 2.1 per
        AFP  -  54 words
    • Article
      Lock icon US, Taiwan open up channel for settling trade disputes
      157 4 Reuter TAIPEI Taiwan and the United States will sign a pact establishing a formal channel for negotiations on economic issues, Taiwanese officials said. The pact, similar to agreements signed between the US and more than 40 other countries, will create a
      Reuter  -  157 words
    • Article
      Lock icon China to crack down on illegal fax machines
      394 4 AP, AFP BEIJING Chinese authorities will clamp down on illegal facsimile machine owners in Beijing, who number about 90,000, the official Guangming Daily reported yesterday. Technical reasons were behind the decision, the newspaper said, but the government is known to be uneasy
      AP,; AFP  -  394 words
    • Article, Illustration
      Lock icon Beijing police round up illegal residents
      276 4 UPI BEIJING Police have rounded up 250 illegal residents at a streetside labour market and begun deporting them back to rural hometowns in an effort to combat the growing number of rural unemployed crowding into China's cities. About 100 uniformed police swept into the
      UPI; Reuter  -  276 words
    • Article
      Lock icon Chinese society buckling under the weight of social reforms
      569 4 UPI BEIJING In a recent drama by a young Chinese playwright, a husband and wife fight viciously for 90 minutes, plan their divorce and blame it all on China's new modern society. The weak-willed husband assails his unfaithful wife as a
      UPI  -  569 words
    • Article
      China not soaking up Asean investments: DBS
      369 4  -  Reports by Chuang Peck Ming SINGAPORE Fears that foreign investments in Asean will be diverted to China are overblown, DBS Bank says. In a study on the growing economic linkages between China, Hongkong and Taiwan, its economic research department says the only shift
      369 words
    • Article
      S'pore as China's financial services supplier
      306 4 SINGAPORE is likely to become a major supplier of financial services to China, complementing Hongkong's leading role, DBS Bank says. For the first half of this year, seven Chinese banks and investment firms raised a total of US$5l7 million (SSB3S million) in Singapore, more
      306 words
    • Article, Illustration
      Lock icon Anti-corruption fighter is a soft-spoken liberal
      491 6 Profile of Japan's PM in-waiting Reuter TOKYO Morihiro Hosokawa, aristocratic leader of the party that holds the key to formation of Japan's next government, looks set to follow in his grandfather's footsteps and become prime minister. Senior executives of the seven opposition parties hoping
      Reuter  -  491 words
    • Article
      Lock icon Kanemaru under investigation in US
      164 6 AFP TOKYO Disgraced Japanese political godfather Shin Kanemaru is under investigation and may be indicted in the United States for allegedly sending ISS2OO million (***** million) in ill-gotten gains there, popular weekly magazine Skukam Bunshun said. In its latest issue published yesterday, Skukan said Kanemaru
      AFP  -  164 words
    • Article
      Sri Lanka more conducive for investments
      344 6  -  From Teh Hooi Ling in COLOMBO THE investment climate in Sri Lanka appears to be much more conducive compared to some other emerging markets, chairman of Singapore Trade Development Board Alan Yeo said. But Sri Lanka must expand its infrastructure to keep up with
      344 words
    • Article
      Lock icon Aussie deficit data clears way for cut in rates
      174 6 Reuter SYDNEY Australia's current account deficit widened slightly in June but the result, which was better than expected. may have cleared the way for authorities to prune back interest rates, possibly as early as today. Analysts said the seasonally adjusted A
      Reuter  -  174 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      140 3 =1 2nd Run p= I By Special Arrangement I Spend Autumn in Legendary Beijing City Learning Putonghua (Chinese Language) conducted by the prestigious Tsinghua University 22 Sep 6 Oct 93 Official Tsinghua University Certificate Immersion in authentic Putonghua heartland Streaming according to proficiency levels Taught by university academic staff Conducted
      140 words
    • Advertisement
      Page 3 Advertisements Column 2
      78 3 j I^MJMl^^^tt^^B^^^^K^BM^lKßii^WMrßßPiPWP^B^Wi FORSALE 81-95 Waymouth Street, Adelaide, South Australia. 10 YEAR LEASE TO THE AUSTRALIAN GOVERNMENT Prime CBD Location Superior quality construction Price Ass 9 million Fixed rental growth Completion December 1993. Initial yield 9.4%. 8% pa. (approx.) ■^h^hbb 220 3888 223 2323 222 1333 SHELL TOWER, 50 RAFFLES PLACE
      78 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      71 4 II Relocation Notice II I I I t 1 J 11*-,11 ■j* 80 Raff Km Placa II i| -v- uob Plan 1 *42-01 II j| II ■K.-.rtlrs'*" II 7 Tel: 439-6900 Fax: 439-6968 ~l II mm s II Tel: 439-6990 Fax:439-6868 I I Tel: 439-6860 Fax:439-6868 H 7 I HBH
      71 words
    • Advertisement
      Page 4 Advertisements Column 2
      120 4 Before you take your firs£ step, we take 230. SINCE 187 3, Church Company has to elegant Available at Isetan Orchard, Isetan been producing classic English shoes. city shoes Scotts, Robiasons, Sogo and Cinderella. Some 250 stages go into the making of and relaxing For your copy of our latest
      120 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      129 5 Across the Asia Pacific, Overseas Union Bank Group brings people and opportunities together. you opportunities the 11 dß^pM From OUB has a Vou can look to us for on how to structure I 'Sll ur ex P ertise experience will stand you in good stead. J So before you venture
      129 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      351 6 |i|iy I s a I S 8 2 I V [1 jffi. t -S i|rT 1 Mgrs**- x I*i l j&Bi Lease a Waterside apartment; get a 'Country Club' and the sea as well Enjoy complete recreation facilities, even as you admire the magnificient sea view from your elegantly fitted
      351 words
    • Advertisement
      Page 6 Advertisements Column 2
      2019 6 BUSINESS T S_ M 3698 M THE MATTER OF THE COMPANIES ACT. CAP. 90 AND IN THE MATTER Of HOCK HOE CHEONG PRIVATE UMTTED (IN MEMBERS VOLUNTARY LIQUIDATION) RNAL MEETING Notice Is hereby given, in pursuance of Section 306 of the Companies Act. Cap 50. that the FINAL GENERAL MEETING
      2,019 words
    • Advertisement
      Page 6 Advertisements Column 3
      441 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 5» AND IN THE MATTER OF HONG JOO HANG PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at No. I
      441 words
Page thumbnail Page 7
  • REGIONAL FOCUS
    • Article, Illustration
      China in economic adjustment
      946 7  -  An interview with China's State Councillor Li Tieying By Yong Pow Ang SINGAPORE Chinas State Councillor Li Tieying was in Singapore recently on a four-day visit. Mr Li, also the Minister of State Commission for Restructuring the Economic Systems, commented on the Chinese economy and reform
      946 words
    • Article
      A new phase in Sino-S'pore ties
      404 7 Q: What is your impression on your visit to Singapore? A: The Singapore visit has made a deep impression on us. We had meetings with four Singapore leaders: Prime Minister Goh Chok Tong, Senior Minister Lee Kuan Yew, BG Lee Hsien Loong and Dr
      404 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      138 7 and r, h s a THf Kf 6 4ffTHIN G^ GOIOON TAN fVft THf BA**fl SHAPfD PURVfYOR Of BODONI. Will BE SPONSORING THf 38TH fXHIBITION Of THf FASTIDIOUS _if* *r NfW YORK TYPf Ditf CTORS CIUB Of WHICH Hf IS MODfSUY THf lIAISON C HAIIWAN IGOD HflP THf CHAIR THf
      138 words
    • Advertisement
      Page 7 Advertisements Column 2
      327 7 Only 999. (How much can the others offer?) Ours Theirs P" nt s P 6 ppm, not 4 ppm nnter s^ar,n P up to 3 users Memory expandable to 6.5 MB, not 2.0 MB V"* Easily upgradable to Adobe PostScript Windows compatibility cgmnmuT In Paper capacity of up to 400
      327 words
Page thumbnail Page 8
  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon EC proposes industrial design protection
        81 8 Reuter BRUSSELS The European Commission proposed measures to protect for up to 25 years the designs of products ranging from furniture to machines from piracy. The commission proposed that industrial designs with an "individual character be eligible for EC-wide protection from imitators for a maximum
        Reuter  -  81 words
      • Article, Illustration
        Lock icon Hear no evil
        41 8 Reuter SOUTH LEBANON Israeli artillery soldiers covered their ears as they fire 155 m canons towards South Lebanon on Wednesday. Israeli artillery, planes and helicopters hit more than 50 villagers and towns north of South Lebanon security zone.
        Reuter  -  41 words
      • Article
        Lock icon More sanctions planned against Libya
        106 8 AP LONDON The United States, France and Britain are considering further sanctions against Libya over its refusal to hand over bombing suspects for trial, the Foreign Office said. The United Nations Security Council last year ordered an embargo on military exports and air travel to
        AP  -  106 words
      • Article
        Lock icon Nato jets poised to strike in Bosnia
        84 8 Reuter BRUSSELS Nato fighter jets are ready to act instantly to provide air cover for embattled UN peacekeepers in Bosnia, a Nato military spokesman said. "We are ready to act and will do whatever the UN asks us to provide protection for UN
        Reuter  -  84 words
    • Article
      Lock icon Nafta heads meet over troubled pact
      444 8 Reuter WASHINGTON The three Nafta chiefs held their first joint meeting yesterday, hoping top-level talks could resolve the fractious free-trade disputes that stymied their negotiators. But nobody is predicting quick breakthroughs. "These will be intense, ministerial working meetings. But there is no expectation that
      Reuter  -  444 words
    • Article, Illustration
      Lock icon Italian bombings trigger fears of terror years
      322 8 AFP ROME The rising number of car bomb attacks, killing 10 people and wounding some 50 others in less than three months, has triggered fears among Italians of a return to the terror-ridden seventies and eighties. President Oscar Scalfaro has denounced Tuesday night's
      AFP; Reuter  -  322 words
    • Article
      Lock icon US-Canada trade dispute panel gets both praise and censure
      259 8 Reuter OTTAWA Four-and-a-half years after the United States and Canada set up a novel way of resolving trade disputes, the expert panel system is winning rave reviews in Canada, but a mixed reaction in the US. Despite criticisms, trade negotiators thought
      Reuter  -  259 words
    • Article
      Lock icon Canada expected to slap injury rule on US, EC steel dumping
      366 8 Reuter OTTAWA The Canadian International Trade Tribunal is likely to say that the United States and possibly four European countries have injured Canadian steel producers, analysts and company officials said. The CITT is scheduled to release a ruling on
      Reuter  -  366 words
    • Article
      Lock icon EC Commission sets out plan on consumer protection
      282 8 Reuter BRUSSELS The European Commission set out a new three-year action plan to boost consumer protection. Consumer Affairs Commissioner Christiane Scrivener said the main thrust of the plan was to ensure implementation of the already large body of laws on consumer protection,
      Reuter  -  282 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      385 8 Steamers Maritime Holdings Limited, (Incorporated In the RepuMc of Singapore) 4MI The Directors advise the following unaudited results of the Group and the Company for the six months ended 30 June 1993: COMPANY GROUP 1993 1992 1993 1992 $'000 $'000 $'000 $'000 Sales 44,102 40,795 Operating profit and investment income
      385 words
    • Advertisement
      Page 8 Advertisements Column 2
      627 8 BAXVIEW PREVIEW INVITATION £~Jr\ INVESTMENT OPPORTUNITY 1 YOU CANNOT AFFORD TO MISS Runaway Bay, Gold Coast Priced To Sell From Only A$ 135 p.s.f. Luxury Beachfront Apartments (Discounted up to 36% from '92 price list!) B Outstanding Features Spectacular ocean city views Luxuriously fitted pointed Heated indoor outdoor pools Tennis
      627 words
Page thumbnail Page 9
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Superior Metal, San Teh to move up to main board
      415 9  -  By Genevieve Cua SINGAPORE Packaging firm Superior Metal Printing (SMP) and rubber keypad maker San Teh will soon join five other companies that have been upgraded from Sesdaq to the main board. SMP and San Teh received confirmation of their
      Source: Bridge Info  -  415 words
    • Article, Illustration
      Lock icon Rotary fixes provisional strike price at $1.08; when-issued trading starts today
      404 9  -  By Paul Leo SINGAPORE Rotary Engineering announced yesterday that the provisional strike price for the tender portion of its public share offer was $1.08, eight cents above the fixed price of $1.00. Trading in its shares will start today
      Photo by Arthur Lee  -  404 words
    • Article
      KIE's interim earnings slide with shiprepair industry
      243 9 SINGAPORE The slowdown in shiprepair has affected the Keppel Integrated Engineering (KIE) group's interim revenues, which dipped 6.8 per cent to $105 million. However, the listed group said in a statement yesterday that its engineering division performed better than expected for the six
      243 words
    • Article
      Bangkok Bank paying the price of success
      757 9  -  HOCK LOCK SIEW By Alan Boyd BANGKOK It is difficult to feel sorry for a bank that posts a 44 per cent increase in interim profit. But Bangkok Bank is paying a steep political price for being too successful. Thailand's biggest commercial bank,
      757 words
    • Article, Illustration
      Creative's net income grows 75 times to US$44.7m
      272 9  -  By Joseph Rajendran SINGAPORE Creative Technology has reported a stunning set of results in the US its first full-year figures since going public in August 1992. Sales soared 240 per cent to U*****.66 million (*****.57 million) in the 12 months to June,
      272 words
    • Article
      Steamers Maritime's earnings fall 33pc on lower freight rates
      342 9  -  By Ramesh Divyanathan SINGAPORE Lower freight rates and contributions from associates have brought Steamers Maritime Holdings' latest interim net earnings down by 33 per cent to $2.4 million. The profit drop for the six months ended June 30 came about despite
      342 words
    • Article, Illustration
      Lock icon SUMMARY
      331 9 Source: Bridge Info Performance of STH's Index stocks Jul 29 Last Sca*c li4n Stack talc Char bctararm Atimo 2030 -0030 I 59 -331 CftC 7.100 0.100 5 56 1105 Ccrcbos 6 050 0 300 4.74 33 15 FAN 13 200 0.100 10 34 1105 GFAsu 2 960 0 100
      Source: Bridge Info  -  331 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Goldtron appoints new director
          53 10 SINGAPORE Goldtron Ltd appointed Mokhzani Mahathir as a director yesterday. The company said Mr Mokhzani's familiarity with the Asean business environment, especially Malaysia, would enhance Goldtron's business development in the region. Mr Mokh/ani is also a director of Technology Resources Industries Bhd and managing director of
          53 words
        • Article
          Lock icon Idris explains shortfall in profit
          85 10 Bernama KUALA LUMPUR Idris Hydraulic (M) Bhd says the shortfall in its "unaudited group pre-tax profit for the year ended Dec 31, 1992, compared to its forecast was the result of lower contributions from six member companies. The Kuala Lumpur Stock Exchange had queried the
          Bernama  -  85 words
        • Article
          Lock icon Amcorp raises stake in AMMB Hldgs
          62 10 Bernama KUALA LUMPUR Arab-Malaysia Corporation Bhd (Amcorp) is buying from The Tokai Bank Ltd an additional 5 per cent equity in AMMB Holdings Bhd for M 586.53 million cash. Amcorp said in a statement on Wednesday that the acquisition was expected to contribute positively
          Bernama  -  62 words
        • Article
          Lock icon Land and General's profit jumps 47pc
          50 10 Bernama KUALA LUMPUR Land General Bhd yesterday reported a group pre-tax profit of M 560.2 million (5537.9 million) for the six months ended June 30, up 47 per cent from M 540.9 million previously. Group turnover rose 28 per cent to M 5260.8 million.
          Bernama  -  50 words
      • Article, Illustration
        Lock icon Berjaya group in three tie-ups with Shenyang
        478 10 Bernama KUALA LUMPUR Beijaya Group Bhd yesterday signed two joint-venture agreements and a memorandum of understanding with China's Shenyang City government for the development of a commercial property, a golf course and the setting up of a fibre-optic cable manufacturing plant. The first
        Bernama; Reuter  -  478 words
      • Article
        Lock icon Leader in telecom cables venture in China
        152 10 Bernama KUALA LUMPUR Leader Universal Holdings Bhd said it has through its Hongkong subsidiary, Zenith Properties Ltd, entered into a joint-venture agreement to set up a company to make cables and related products. It said in a statement that the project with China's
        Bernama  -  152 words
      • Article
        UNIT TRUSTS & FUNDS
        436 10 UNIT TRUSTS FUNDS iii gi i' prtoM Jul 30 Insurance Fund Inoomc Bond Mic> 3.36 3.41 vim IIIN j The Commerce 1.32 1.39 rfUUeiTu* The Savings Fund 1.22 1.28 PniLink Mgd Fund I.IS 1.21 S pore Prog Fund 0.57 0.60 S pore See Fund 0.90 0.95 S pore Invest Fund
        436 words
      • Article
        Lock icon Telecom NZ reports record earnings
        260 11 Reuter WELLINGTON Telecom Corporation of New Zealand gave its already happy shareholders a further fillip yesterday when it announced record first-quarter profits and a planned re-purchase of onefifth of its shares. The United States-con-trolled phone utility. New Zealand's largest public company, has already seen its
        Reuter  -  260 words
      • Article
        Lock icon British Telecom's 1st qtr profits rise
        213 11 AFP LONDON British Telecom group announced on Wednesday a 27 per cent increase in pre-tax first-quarter profits to £757 million (551.817 billion), up from £5% million in the same period last year. The result for the first three months of its financial year, starting
        AFP  -  213 words
      • Article
        Carnage in global disk drive industry
        765 11  -  MARKET WATCH By Joseph Rajendran SINGAPORE The day of reckoning has arrived for the global disk drive industry. The first signs of trouble appeared when PC makers which are major disk drive customers locked horns in a deadly and prolonged price war. The battle
        765 words
      • Article
        Lock icon Brierley to reinstate shares for dividends plan
        266 11 Reuter WELLINGTON Brierley Investments said it will reinstate the share investment plan it suspended two years ago where shareholders could elect to receive shares at 90 per cent of the market price in lieu of dividends. Brierley also said the dividend for the
        Reuter  -  266 words
      • COMPANY BRIEFS
        • Article
          Lock icon Microsoft 4th quarter earnings up
          78 11 Bloomberg Business News REDMOND, Washington Microsoft Corp said its fourthquarter earnings surged 26 per cent on continued strong sales of its Windows operating system and application products. In the quarter, the world's largest independent software company said its earnings increased to US$265 million (Ss42B million),
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Chaebol dissolution unconstitutional
          71 11 AFP SEOUL South Korea's constitutional court, in a decision defining state-business relations, yesterday ruled that the 1985 dissolution of the Kukje conglomerate by the former Chun Doo Hwan regime was unconstitutional. The ruling, reaffirming the principle of constitutional rule, is expected to curtail any moves by future
          AFP  -  71 words
        • Article
          Lock icon ICI's 1st-half earnings improve 14pc
          74 11 AFP LONDON British chemicals group ICI announced yesterday a 14 per cent increase in pre-tax profits for the first half of 1993. Profits rose to £167 million (Ss4o2 million) from £146 million in the first six months of 1992, the group said. The results are
          AFP  -  74 words
        • Article
          Lock icon Eastman Kodak's income up slightly
          81 11 Bloomberg Business News ROCHESTER. New York Eastman Kodak Co, in the midst of a major restructuring, reported better-than-expected profit in the second quarter despite a decline in sales. In the latest quarter, net income rose 3 per cent to US$37l million (***** million), or US$l.l3
          Bloomberg Business News  -  81 words
      • Article, Illustration
        Lock icon Dupont's earnings up 86pc
        145 11 UPI NEW YORK Chemical giant Dupont on Wednesday reported a 86.2 per cent jump in second-quarter earnings. Dupont said its earnings in the second quarter increased to US$5l6 million from US$277 million in the year-ago quarter. Sales during the second quarter declined to U559.54 billion from
        UPI  -  145 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Bank of East Asia profit up 22pc
          122 12 Bloomberg Business News HONGKONG Bank of East Asia, Hongkong's third-largest listed bank, said its net profit rose 21.8 per cent in the first halt of its financial year ended June 30. The increase was below analysts' forecasts for an increase of between 23-30
          Bloomberg Business News  -  122 words
        • Article
          Lock icon Lloyd's plays down concerns over plan
          77 12 Bloomberg Business News LONDON Lloyd's of London chairman and chief executive played down concerns raised by a US credit rating company about the money-losing insurance market's new business plan. The executives, however, did say Standard Poor's Corp accurately assessed Lloyd's current condition and they
          Bloomberg Business News  -  77 words
        • Article
          Lock icon Indon banks told to expand credit
          72 12 Reuter JAKARTA The Indonesian government has urged local banks to increase lending to the private sector to help non-oil exports. "Banks can expand credit to the private sector despite consolidating bad debts," coordinating Minister of Trade and Industry Hartarto told reporters. Some analysts estimate
          Reuter  -  72 words
        • Article
          Lock icon Nationsbank to buy US$2.3b in assets
          65 12 Bloomberg Business News CHARLOTTE, North Carolina Nationsßank Corp said it agreed to buy about US$2.3 billion (553.7 billion) in assets from US West Financial Services Inc, a unit of US West Inc, for an undisclosed price. Nationsßank said the purchase is part of its
          Bloomberg Business News  -  65 words
      • Article
        Lock icon ANZ Bank set to buy Westpac's Indon unit
        292 12 AFP SYDNEY ANZ Banking Group Ltd will take advantage of Australian competitor Westpac Banking Corp's strategic withdrawal from Asia by purchasing Westpac's Indonesian joint venture, Westpac said yesterday. It said here that the sale of its 85 per cent stake in the
        AFP  -  292 words
      • Article
        Lock icon Savings scam: Court wants US$265m forfeited
        168 12 AP LOS ANGELES Charles Keating Jr was ordered to forfeit US$265 million (***** million) in the Lincoln Savings fraud case after a prosecutor promised it would go to the victims of the nation's costliest savings and loan swindle. US District Judge Mariana Pfaelzer had
        AP  -  168 words
      • Article, Illustration
        Lock icon EC states pick De Larosiere as new EBRD head
        256 12 Reuter LONDON The European Community reached a consensus on a single candidate, choosing France's Jacques de Larosiere to head the European Bank for Reconstruction and Development (EBRD), a bank official said. "A letter has been sent to all ministers of finance
        Reuter  -  256 words
      • Article
        Indon bank raises US$40m loan in Asian dollar market
        287 12  -  By Soh Tiang Keng SINGAPORE The Cayman Islands branch of Indonesia's Bank Niaga has raised US$4O million (5564.8 million) in the Asian dollar market through the issue of floating rate certificates of deposit. The three-year notes pay interest 1.25 per cent
        287 words
      • Article
        Lock icon Brussels proposes measures to tighten checks on banks
        243 12 Reuter BRUSSELS The European Commission said it was proposing amending its financial services rules to strengthen the powers of banking supervisory authorities following the collapse of the Bank of Credit and Commerce International (BCCI). The Commission said that although the basic approach
        Reuter  -  243 words
      • Article
        Lock icon Foreigners eye S Korean overseas convertible bonds
        251 12 Reuter SEOUL Convertible bonds (CBs) issued overseas by South Korean firms are providing an alternative for foreign direct investment in the Seoul stock market, say industry analysts. Among 692 companies listed on the local stock market. some 100 counters have slipped out of
        Reuter  -  251 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Turmoil on forex markets may bring windfall to UK banks
        427 13 Reuter LONDON Turmoil on the foreign exchanges will prove a windfall for UK banks and could double 1993 half-year currency revenues from previous levels, analysts say. High volatility in the European Exchange Rate Mechanism (ERM) helped major UK banks to
        Reuter  -  427 words
      • Article
        European bonds still attractive despite crisis
        213 13 LONDON European bond markets continue to offer good value for institutional investors despite turmoil in the ERM, and may still outperform US and Japanese markets during the rest of this year, according to analysts. "Looking at the relative cyclical position, looking at where global
        213 words
      • Article, Illustration
        Lock icon Driving the point home
        42 13 Reuter BUENOS AIRES, Argentina Farmers driving their own tractors protesting around Government House (background) on Tuesday. They organised the march in protest against the government's farming policy and to request rescheduling measures for the four-billion-peso farming debt. Reuter
        Reuter  -  42 words
      • Article
        Lock icon Chase revamps wholesale businesses
        226 13 Reuter NEW YORK Chase Manhattan Corp is revamping its wholesale businesses to allow it to serve its global customers better, chairman Thomas Labrecque and president Arthur Ryan wrote in a recent letter to employees. They said it is creating a new Global Corporate Sector with responsibility
        Reuter  -  226 words
      • Article
        Oil futures rebound after US attack on Iraq
        482 13 Bloomberg ENERGY REPORT LONDON Crude oil on both sides of the Atlantic rebounded yesterday after US aircraft fired at Iraqi missile sites in the southern no-fly zone, although traders said the trend for prices was still lower. Crude was trading lower on
        482 words
      • Article, Illustration
        Untitled
        1591 13 Irudr-nighled imlr\ cak ulalnl again* S"pm'i h<p 14 naJint /taiimn Saw war /Wi< USS/SS forward rates Noon July 29 ■M offer I-month 1.6146 I 6161 .-month 1.6146 ***** 3-month 1.6146 1.6161 6-month 1.6160 1.6160 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 11m m My 29 Singapore dollars to oac
        1,591 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        168 13 THE USS/yen and yen crosses again dominated trades in the currencies market yesterday. The USS/yen moved up one yen from overnight lows of 104.85 and stayed bid throughout the day. Over in the regional currencies market, trading was again quiet and uneventful, dominated by interspersed
        168 words
      • Article
        Lock icon London
        184 13 UPI LONDON The Bundesbanks failure to reduce its discount rate at the meeting of the German Central Bank yesterday plunged the beleaguered Exchange Rate Mechanism into a fresh crisis and boosted the dollar. Its rise came despite a much worse-than-expected 1.6 per cent annualised rise in second quarter US
        UPI  -  184 words
      • Article
        Lock icon New York
        78 13 AFP NEW YORK The dollar gained ground in early trading yesterday as market interest was stimulated by the news that the Bundesbank had decided not to lower its discount rate. The French franc immediately came under further pressure dropping from Wednesday's close of U555.8400 to U555.8920 at 1345
        AFP  -  78 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end firmer in early buying
        1412 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars futures ended firmer yesterday in a spurt of early buying on the back of a news report that Federal Reserve policy-makers have not ruled out cutting short-term interest rates, brokers said. A US commission house dealer said, however,
        Reuter  -  1,412 words
      • Article
        KL tin falls back to record low
        624 14 COMMODITY REPORTS Tin TIN price reversed its overnight trend yesterday, falling back to close at MS 12.40 per kg, matching its all-time low, traders said. The price was down 35 sen from Wednesday's close. Sentiment turned easier because of a large initial high
        624 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Sales from US tin stockpile seen up
          85 14 KUALA LUMPUR A tin producers group expects sales from the US stockpile to increase in 1992-93 (Oct-Sep) from a year earlier, despite efforts to convince the US to curb such sales to bolster prices, an industry official said yesterday. Redzwan Sumun. executive secretary
          85 words
        • Article
          Taiwan to buy LNG from M'sia
          87 14 TAIPEI Taiwan's state oil monopoly, the Chinese Petroleum Corp, is expected to sign a 20-year contract with Malaysia's Petronas by mid-1994 to buy 2.2S million tonnes of liquefied natural gas per year, a CPC official said yesterday. CPC has also signed a contract with
          87 words
        • Article
          Comalco drops smelter upgrade plans
          80 14 CANBERRA Australian aluminium producer i Comalco Ltd has canceled plans for a AS6SO million redevelopment of its Bell Bay smelter in the f state of Tasmania. Comalco Smelting's managing director Karl Stewart said on Wednesday that the state government refused the company's offer for <
          80 words
        • Article
          US cotton estimates raised
          71 14 WASHINGTON The Commerce Department i on Wednesday raised monthly estimates for US cotton consumption and stocks by about 4.6 per cent on average since last August because it is now collecting information from more mills, department 1 spokesman Keith Featherstone said. Mr Feather- j stone said
          71 words
    • Article
      COMMODITY PRICES
      1603 14 HUDPCT HAS CnmtuMf hrtmi (1Mara» ctastag as at lpa) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 93 131.50 131.50 131.25 150 775 Sep 132.75 132.50 132.75 400 4.850 Oct 133.50 133.25 133.25 1225 6.250 Nov 0.00 0.00 133.75 0 6.575
      1,603 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1213 15 10.1 Shares closed higher but off their peaks yesterday, helped by mounting expectation of an interest rate cut. and firm gold stocks and blue chips. "June trade data paved the way for an interest rate cut we could see it as early as Friday," said Tom Booth of First
        1,213 words
      • Article
        Manila
        640 15 •2.63 Share prices closed lower with dealers saying the market was pausing for a breather before climbing to new highs. "The correction could be short-lived," said Louie Bate of Baring Securities, citing the market's recovery towards the close of trade as an indicator that buying is strong and could
        640 words
      • Article
        Taipei
        556 15 +2.99 Taiwan share prices finished mixed amid profit-taking after early, speculative gains on hopes for looser monetary policy. The weighted index, which rose more than 30 points at one stage, ended 2.99 points up at 4.022.62. Turnover shrank to a slow NT$ 13.58 billion from Wednesday's NTS 17.41 billion.
        556 words
      • Article
        Seoul
        379 15 •5.82 A wave of institutional selling put further dents in an already weak market throughout the day. sending the index down to close sharply lower, brokers said. Some forecast a short-lived technical rebound. But the market is likely to languish for the time being. The composite stock index shed
        379 words
      • Article
        New Zealand
        242 15 +14.34 New Zealand stocks hit another three-year high yesterday, on the back of a strong profit performance by Telecom Corp. brokers said. The Top-40 capital stock index rose 14.34 points to 1.782.31, a 3.3 per cent gain since the start of the week. Volume was a strong 43
        242 words
      • Article
        Bombay
        23 15 +83 The Bombay Stock Exchange 30-share index rose by 83 points to 2,232.67 in midsession trade. The closing report was not available.
        23 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        732 15 Britannia Funds Mtriiaa Cash Bid Offer Mim t ap Dcpir.il M MOO W 6500 Mim Jencs CM 0 l»93 0 l« Mim Mai iKomc ****** 'IIMOD I S$ Cash Incomc Plus F und 10 5200 *****0 PSS Reicrse fund J.2I00 5 2200 Sjffflii hiiMl> Euro IVtfcnaaaot 0.4592 0493* Far East
        732 words
      • Article
        London
        667 15 +33.4 Share prices closed sharply higher yesterday, buoyed by FTSE futures, other European bourse gains and Wall Street's strength after the Bundesbank held the discount rate unchanged. That sparked ERM turmoil and break-up talk. The FTSE 100 index ended 33.4 points up at 2,917.6. beating the previous best intra-day
        667 words
      • Article
        Paris
        109 15 +46.47 French stocks soared 46 points in late afternoon after the German Bundesbank made a half-point cut in the Lombard rate but left the discount rate unchanged, causing the French franc to plunge, traders said. The CAC-40 index of blue chip stocks was last at 2,036.00, up 46.47 on
        109 words
      • Article
        Stockholm
        118 15 +o.spc Sweden's OMX-index closed at an all-time high, breaking a three-year-old record, as shares managed to attract buyers despite widespread disappointment over the Bundesbank leaving its discount rate unchanged. Turnover totalled 1.43 billion crowns, seen as high. The OMX-index rose 0.49 per cent to 926.16. Both the bluechip dominated
        118 words
      • Article
        Frankfurt
        150 15 -0.21 German share prices bounced back after falling on disappointment that the Bundesbank had only trimmed the Lombard interest rate. The 30-share DAX index was down 0.21 at 1,833.70. Frankfurt Jal) 28 DM V| i«:oo -1 10 BASF 257 10 -1 40 BMW 55)00 -too Bj.ct 296 60 -1
        150 words
      • Article
        Milan
        117 15 +7 Italian stocks ended only slightly off their highs after the German Bundesbank decided to keep its discount rate unchanged, traders said. Heavily indebted industrial groups did fall, but telecommunications stocks were stronger. The MIB index ended 7 points higher at 1,237, after rising 3 points the day before.
        117 words
      • Article
        Amsterdam
        225 15 +2.94 "We are standing here in the middle of a bull market," yelled one dealer, trying to make himself heard over the roars greeting a Dutch rate cut. The EOE index ended 2.94 points higher at 337.98, breaking all-time record 336.49 of July 20. Amsterdam Jul* 29 Fh ABN-Amro
        225 words
      • Article
        Zurich
        220 15 -2.67 Swiss shares reacted calmly to the Bundesbanks's 0.5 percentage point cut of the German lombard rate. Volume was light as many investors were on vacation. Dealers saw no substantial price changes today. The SPI index was 2.67 points lower at 1.517.99 and the SMI index fell 8.3 to
        220 words
      • Article
        Johannesburg
        287 15 +47 Industrial shares held their earlier gains by the close, buoyed by increased hopes of interest rate cuts, while golds were higher on bul- lion's continued steady performance. The JSE Industrial Index was 47 points better at 4,573 after June inflation came in at a year-on-year rate of 10
        287 words
      • Article
        Toronto
        283 15 +11.5 Stocks were firmer in sluggish early dealings yesterday, but traders said the market's surge was slowed by profit-taking. The TSE 300 firmed 7.08 points to 3,930.18 in quiet turnover of 4.17 million shares valued at C 556.91 million. Advancing issues led declines 120 to 95, with 172 stocks
        283 words
      • Article
        New York
        731 15 -12.01 Blue-chip stocks soared into record territory yesterday in response to better-than-expected earnings reports and a strong bond market, despite another reading that economic growth has been lackluster. The Dow Jones Industrial Average was up 18.44 points to 3,571.89 at 1 pm EDT. In the broad market, gainers
        731 words
      • Article
        Brussels
        181 15 -1.66 Belgian shares rebounded in the last half-hour of trade to close flat after earlier dipping on disappointment the Bundesbank had not cut its discount rate. The Bel-20 index of leading shares ended 0.13 per cent, or 1.66 points, weaker at 1,300.01 with 1.6 billion francs worth of shares
        181 words
    • Article, Illustration
      Lock icon HONGKONG
      2731 16 Reuter HONGKONG Share prices closed narrowly mixed yesterday as a fall in index futures pressured the cash market and erased early gains, brokers said. The blue chip Hang Seng Index ended down 3.28 points at 6,899.93 after rising 36 points earlier. The broader All Ordinaries Index gained 1.87 points
      Reuter; Source: Bridge Info  -  2,731 words
    • Article, Illustration
      CHINA
      474 16 THE upward momentum in Shanghai was short lived yesterday. Share prices on both markets fell on thin trading amid no specific buying incentives. The CLSA Shanghai A Index dropped 88.37 points to 4,925.18 while the CLSA Shanghai B Index closed down 4.21 points to 625.03. In Shenzhen, share prices
      474 words
    • Article, Illustration
      Lock icon TOKYO
      2541 16 Reuter TOKYO Stocks ended sharply higher yesterday, with the 225share Nikkei average jumping 627.27 points or 3.16 per cent to 20,456.85. Brokers said sentiment was boosted by hopes of a rate cut and media reports on the likely policies of an opposition coalition that hopes to form the next
      Reuter; Source: Bridge Info  -  2,541 words
    • Article, Illustration
      Lock icon BANGKOK
      1722 16 Reuter BANGKOK Strong sentiment continued in the stock market for the second day as investors were cheered by the good half-year results of big banks, brokers said. The SET index rose 16.26 points, or 1.79 per cent, to close at the day's high of 924.62 on heavy turnover of
      Reuter; Source: Bridge Info  -  1,722 words
    • Article, Illustration
      Lock icon JAKARTA
      745 16 Reuter JAKARTA The Jakarta Stock Exchange closed mixed after lacklustre trading with many players on the sidelines, dealers said. The official index closed at 354.06. down 0.58 point. The market was awaiting fresh listings expected next month, as well as more half-year reports. Panin Bank rose 125 rupiah to
      Reuter; Source: Bridge Info  -  745 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2444 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Bedford JOc 8.0.V>.000 Mi l kamunling MV >j U!! Beriaya Group Mutt i-Purpose MBt C apital v**?' Tan hong SOc JJH7.000 Huh Bk Focfe Kcnong Bhd MX V*ui <12! MB! Hld,p> SOc 2.W 000 Amah Hldgs MK >'!rl'!SS! Promct
      Source: Bridge Info  -  2,444 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares prices end mixed after early surge
        5461 17 Bernama KUALA LUMPUR Share prices here closed mixed to easier after profit-taking had the upper hand over buying activity in the final hour yesterday. The 85-counter KLSE Composite Index finished up 0.73 of a point at 764.70 after rebounding from an intra-day low
        Bernama; Source: Bridge Info  -  5,461 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Index firms as blue chips return to favour
        7362 18  -  By Dexter Lee SINGAPORE Singapore blue chips returned to favour yesterday, recording gains that lifted the Straits Times Industrials Index above the psychological support level of 1.800. But market interest continued to focus on Malaysian counters, especially speculatives and second-liners. The mood
        Source: Bridge Info  -  7,362 words
      • Article, Illustration
        Lock icon Ssangyong Cement
        76 18  -  HOT STOCK Paul Leo SSANGYONG Cement will trade towards its year's high of $3.92 in the next few days but it is unlikely to breach it. The 5-day moving average line has just cut the 15-day moving average line from below, indicating that there is upside potential. However,
        SOURCE: BRIDGE INFO  -  76 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      194 9 WHICH CAR WON WHAT CAR? In its recent Cars of the Year Awards, "What 1.8 power and Executive Class comfort. Car", the UK's most respected motoring magazine Once you've experienced the big, roomy declared Subaru Legacy to be the Best Sporting interior of a Legacy, you won't want to squeeze
      194 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      201 10 Al SPH, reporting and reviewing the performing arts is part of our business. But we don't stop there. We also help, shape and support performing arts groups, such as the Asian Youth Orchestra (AYO). This year, aside from the concert, we|re also giving scholarships the seven Singaporean students who are
      201 words
    • Advertisement
      Page 10 Advertisements Column 2
      159 10 Dividends table has been held over trQVER S E A S You can get newspapers magazines distributed by SPH from any of the following newspaper agents: Brunei: Current Newspaper Agency: Tel: *****9; Fax *****43 Far East Newspaper Service Tel: *****2; Fax *****02 Hai Bin Book Store Tel: *****9; Fa* *****95
      159 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      696 11 ROTARY ROTARY ENGINEERING LIMITED (Incorporated in the Republic of Singapore) Invitation in respect of 50,000,000 Invitation Shares of $0.10 each comprising 40,000,000 New Shares and 10,000,000 Vendor Shares as foVows: (a) 25,000,000 Shares at a (bed price of $LOO for each Share; and (b) 25,000,000 Shares by tender, at or
      696 words
    • Advertisement
      Page 11 Advertisements Column 2
      152 11 This announcement appears as a matter of record only July 1993 ROTARY ROTARY ENGINEERING LIMITED (Incorporated in the Republic of Singapore) Invitation in respect of 50,000,000 Invitation Shares of $0.10 each comprising 40,000,000 New Shares and 10,000,000 Vendor Shares as follows: (a) 25,000,000 Shares at a fixed price of $1.00
      152 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      670 12 X v Bayerische Landesbank W f Girozentrale If CONDENSED CONSOLIDATED BALANCE SHEET AS AT 31ST DECEMBER 1992 I (Figures in DM Millions) I ASSETS 1992 LIABILITIES '>992 I Cash funds 263.7 Due to Bavarian savings banks 12,200.6 I Bills of Exchange 1,362.0 riJlLi 3 6517 Due from Bavarian savings banks
      670 words
    • Advertisement
      Page 12 Advertisements Column 2
      218 12 C&C tor Human Potential TAKE NOTICE that NEC Corporation No other person is authorised to of 7-1 Shiba, 5-Chome, Minato-ku, export printer ribbon cartridges Tokyo, Japan ("NEC Corporation") is bearing the mark "NEC". the registered owner of the "NEC" trade mark in Singapore under trade mark The importation, sale and
      218 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      700 13 SOCIETE GENERALE DQfl HndOMca: Notts totha Account! winch ton* an ntagrai part ot tha (W«anaal ba 29, Soutavard Hausamann. ***** Pans obtanad from d* Ganaral Managar. Sociata Ganoraia, Smgaoora Branch. 106 Caca SUM SociM Anonymatoundadin 1864 #24-01. Tho Octagon. Singapor* 0106 HHHHEHHHHHHBHHHHHHHHHHHBBHBHHHHI M*w:MMWfMOT eSSSSf l,t KcSgS" 2S5»&™ ars 11 aaasß
      700 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      199 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 the place to ■locate a new owner for ■your trusty wheels. Drive ■home the message with a ■well placed ad in the ■vehicles ■section of tf\ Nq ■Classified. ■call 737- cjlia 1166 today. 1757-n66 M THE MATTER OF THE COMPAISES ACT,
      199 words
    • Advertisement
      Page 14 Advertisements Column 2
      31 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead .count my cash." Nothing's SK-cOtfnnge to The Straits Times lfc&&l Classified.
      31 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      23 15 ROY EASTERN WATCH, #01~74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, TEL: 734 3139. DELUXE EASTERN WATCH, #01-18/20 CENTREPOINT, TEL: 235 2536.
      23 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      62 16 l" VOUR MONEY IN-1 BOX IT S MORE RELIABLE THAN SHARES. „u. MWu* 200 oU S™. I tradition, tfcey perform beautifully «vwy day for yean cm I AND MORE PLEASING (unliW J*™. couUm«ton). I For an iuvaatinant oppuitiinily worth hftanmf to» coa» I r TiTTif REUGE(IDmusic I THE REUOE MUSIC
      62 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      35 17 With over 170 million cards honoured at overlO million establishments/ MasterCard the whole world in your hands. And it gives access to cash at and ATMs worldwide. YOU'VE GOT THE WHOLE WORLD IN YOUR HANDS
      35 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      56 18 XoT YOUR MONEY IN A BOX. f iT'jit MO RE REtIABLE THAN SHARES. aoa olfL. h*fctk>n, tbey p«U UobfeUy evwy A* for oo TO THE EARS. T*." TST?* ZZmILuT REUGE<i>MUSIC THE RCUOE MUSIC BOUTIQUE. 435 ORCH A H O •O 1 I WIS M A ATM A SiNQAPORf O• 2
      56 words
Page thumbnail Page 19
  • SPORTS
    • Article, Illustration
      Lock icon Daly gets into the swing for Jude Classic in Memphis
      417 19 Golf AP MEMPHIS, Tennessee John Daly, a favourite at the Federal Express-St Jude Gassic and every other tournament he plays in, says he'll keep going for distance despite warnings that his power swing could take a physical toll one day.
      AP; Reuter  -  417 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Athletics
        111 19 AFP GATESHEAD, England Sprint stars Carl Lewis ana Linford Christie settle their grudges here today in Britain's richest ever race. Both Lewis, probably the greatest athlete of all time, and 100 m Olympic champion Linford Christie will earn £100.000 (*****.640) each in this eagerly-awaited head-to-head between sprinting's hottest stars.
        AFP  -  111 words
      • Article, Illustration
        Lock icon Baseball
        191 19 Reuter Reuter NEW YORK. New York Mets' pitcher Anthony Young broke his major-league record 27-game losing streak on Wednesday as the Mets rallied for two runs in the bottom of the ninth to beat the Florida Marlins 5-4. Young, 27, appeared headed for another loss when he gave up
        Reuter  -  191 words
      • Article, Illustration
        Lock icon Basketball
        60 19 AFP PHILADELPHIA, Pennsylvania Shawn Bradley, who delayed his professional career for a two-year Mormon mission in Australia, signed a contract here on Wednesday with the Philadelphia 76crs. Dollar figures were not released for Bradley, but Calbert Cheaney got US$lB million (Ss29 million) for a six-year deal and Alonzo Mourning
        AFP  -  60 words
      • Article, Illustration
        Lock icon Golf
        73 19 Reuter TOKYO Leading first rowd scores of the 60 million yea (*****,000) NST Niigata Opea tournament on Thursday (Japanese unless stated): 66 Shoichi Kuwabara, Hiroshi Goda 68 Hajime Meshiai, Koichi Suzuki, Yurio Akitomi, Kikuo Arai, Lim Jin Han (SK) 69 Samson Gimson (Sin), Peter McWhinney (Aust), Brent Franklin (Can)
        Reuter  -  73 words
      • Article, Illustration
        Lock icon Ice hockey
        88 19 AP PITTSBURGH Hockey star Mario Lemieux, bothered by recur- ring bouts of back pain last season, underwent 35 minutes of exploratory surgery on Wednesday to reC'r a muscle hernia in his lower :k. No complications were reported following the operation, which allowed doctors to examine the lumbar region
        AP  -  88 words
      • Article, Illustration
        Lock icon Cricket
        112 19 AFP LONDON England selectors chairman Ted Dexter had to make an embarrassing apology on Wednesday for a comment that angered former England manager Micky Stewart. Dexter upset Stewart by suggesting he had backed his son Alec against Michael Atherton to choose the new England captain. At the news conference
        AFP  -  112 words
      • Article, Illustration
        Lock icon Tennis
        139 19 AFP. Reuters Reuter MONTREAL ATP mea's singles, 2ad id Wednesday: (selected results) Pete Sampras (US) b Kenneth Carlsen (Den) 6-1 6-4; Jim Courier (US) b Jeff" Tarango (US) 6-4 6-4; Boris Becker (Ger) b Chris Pridham (Can) 3-6 6-3 6-3; Ivan Lendl (US) b Sebastien Lareau (Can) 6-2 6-2;
        AFP.; Reuters; Reuter  -  139 words
    • Article
      Lock icon Samoa no pushover for All Blacks
      234 19 Reuter WELLINGTON New Zealand has disposed of Britain's Lions and Australia's world champion Wallabies this season but the Western Samoa team they face in an inaugural test tomorrow will be far from pushovers. Samoa, a team never short on pride, will have all to
      Reuter  -  234 words
    • Article
      Lock icon Celtics must share blame for Reggie Lewis' death
      664 19  -  By Dave Anderson NYT NEW YORK In sports, team doctors often refer to an athlete's injury as "a knee" or "a shoulder" or "an ankle". As if you could buy one in a carparts store. And with today's sophisticated surgery, sometimes it's
      NYT  -  664 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      111 19 This announcement appears as a matter of record only Great River PT GREAT RIVER INDUSTRIES U5550,000,000 Syndicated Facility Lead Managers The Hongkong Shanghai Banking Corporation Limited, Jakarta Branch The Hongkong Shanghai Banking Corporation Limited, Singapore Branch Deutsche Bank AG, Jakarta Branch PT Bank Sakura Swadharma Managers PT Bank LTCB Central
      111 words
    • Advertisement
      Page 19 Advertisements Column 2
      1174 19 a SINGAPORE BRANCH I 6 Raffias Quay *17-00, Singapore 0104 P fllophono' *****88 Ftcsivnllt' DOF CE BANQUE INDOSUEZ rnfBOUPATFP EAI »»T CONSOUDATED STATEMENT OF MCOME BANQUE MDOSUEZ AND SUBBQAWES Qntooueands) Vmrm+dDtcm*tmJt 1992 FRF I*l FRF A«CTO(a.Pacambar3l) !««L 5*5*5 Cart and (fee trom cwM bank, pubkc Treasury and S££estrwn (32.*****5) (38
      1,174 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      964 20 WHERE TO WINE, DINE AND ENTERTAIN Yangikou dianxin *u Yangzhou Dianxin Executive Lunch With more new items, for 2, 4 and 6 people, the Yangzhou dianxin Call *****93 for reservations, lunch in Tien Court has never been better. Tien Court also introduces 3 executive lunch menus. BlliiiiLlia&iiAil At t7B++ toga.
      964 words
    • Advertisement
      Page 20 Advertisements Column 2
      266 20 Delectable Yoag Doa-Fa Vaffet at C "TJ!** Cbatterbo* frtry Sate id ay amd Sooday. 12.30 patoSpa 914.50 per pcnoi HSO++ per child (below 10 y») Mrzzanr* Seaiptaoos CmIImiUI ft Local Aftenooa Tea spread at Mezzaaiae Looage. Daily. Ipatofpa tliOO perpcieoa WMO++ per ckild (below 10 yn) Orchard Road Stn«aporeo92l Tel:
      266 words
Page thumbnail Page 21
  • LIFESTYLE
    • Article, Illustration
      It will be the death of you
      652 21  -  Jaime Ee Jaime Ee has a painful time reviewing Dick Lee s latest production Death in Tuas IF perchance you need to go to Tuas over the next couple of days, you might as well stop over at the World Trade Centre where
      652 words
    • Article
      Sparring partners?
      401 21 CHATTERBOX IS A cat fight shaping up at a posh London spa? Camilla Parker Bowles, alleged to be the other woman in Prince Charles's life, has joined an exclusive health club called the Harbour Club, according to the International Express. The problem, says the tabloid, is that the
      401 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      212 21 WIN an Audi in the Dynasty Garden Restaurant/Seafood Palace Restaurant "Dine, Drive Fly" Draws. 1 Dine on exquisite Cantonese or Thai cuisine and experience a German sensation. Just spend $50 at Dynasty Garden Restaurant or Seafood Palace Restaurant and you'll get a lucky draw coupon for our "Dine, Drive 8c
      212 words
    • Advertisement
      Page 21 Advertisements Column 2
      58 21 BE A SUPERSTAR HERE j* Free KTV room for orders above $500 Qr 8 Private KTV rooms Every-nite: 7pm to 2.45 am Parking (CfC&"V) CfCcvuio&e (KTV) OK ill® 42 East Coast Road, #02-00 Lai Lai Complex S'pore 1542 Tel: 344-1939,344-2987,344-4995 Birthday Parties Free Champagne for orders above 5250 Company Functions
      58 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1189 21 I TV A RADIO Born on the fourth of July, Tom Cruise starts this 1989 J film as a clean-cut patriot who manhood §g^ serving country mean H UK v the Vietnam war. HP9 .*•> W> ■< There, he accidentally shoots a fellow marine, and gets para- JHB j lysed.
      1,189 words
Page thumbnail Page 22
  • ADVERTISING & MARKETING
    • COPY LINES
      • Article
        Junction 8 to kick off with strong ad campaign
        134 22 SINGAPORE An advertising and promotional campaign for Junction 8, a new retail-cum-commercial complex coming up at Bishan, will kick off soon. Liang Court managing director Koh Boon Hwee said the campaign will consist of "a whole arsenal" of television, radio, bus
        134 words
      • Article
        Official film supplier at Expo '93 in S Korea
        92 22 TOKYO A Konica Corporation distributor Woo Sung Film Co Ltd will be the official film supplier for the Taejon Expo '93 in South Korea. The fair will be held from Aug 7 to Nov 7. About 112 countries will take part
        92 words
      • Article
        2 franchised Teleshops
        121 22 SINGAPORE Telecom Equipment has announced the opening of two franchised Teieshops at Clement i and Jurong East. These two Teieshops the first of several franchised outlets of Teleshop were launched over the past two weeks. A third franchised Teleshop will be opened at Marina Square in September
        121 words
      • Article
        Award-winning Rotring range
        65 22 SINGAPORE Rotring has recently launched a new range of writing instruments in Singapore. The new Rotring 700 series won the company the Design Plus award at the 1993 Premiere trade show in Frankfurt, Germany. The 700 series (available in Fountain Pen, Rollerball, Ballpoint and Pencil) will be
        65 words
    • Article, Illustration
      Lock icon Coca-Cola takes the fizz out of doomsayers
      521 22 NYT AS SOON as Coca-Cola announced on Wednesday that Peter Sealey was resigning as the senior vice-president to create his own marketing consulting firm, speculation arose that officials of the company might have grown dissatisfied with its "Always Coca-Cola" campaign, which Mr Sealey
      NYT  -  521 words
    • Article, Illustration
      Bozell's big shake-up
      445 22  -  Sanjay Monsanto on the reshuffling of top management staff in the advertising firm Sanjay Monsanto BOZELL Advertising is restructuring its top management in Singapore, following what appears to have been an ill-fated merger in 1991 with Doddemeade Dowler Kaslan fDDKJ. 80/ ell last week announce*/ that Bill
      445 words
    • Article
      Lock icon UK keeps afloat amid low global ad expenditure
      266 22 FT Global advertising expenditure is not experiencing the kind of upturn that has been predicted by some pundits at the start of 1993. But in the UK at least there are indications that the worst of the recession may be over. The
      FT  -  266 words
    • Article, Illustration
      Lock icon Murdoch's Star TV a hit and miss
      620 22 While the station has taken Asia's wealthy by storm, there are also complaints Reuter STAR TV has taken Asia's middle classes by storm in just two years on the air. beaming Westernstyle news and entertainment to even the remotest corners of China and
      Reuter  -  620 words
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      61 22 '-A-m--fzTJ > -i E- x < it I y m CSA Holdings group managing director JOHNNY MOO speaks out on opportunities and dangers in Asia's booming economies; the pros and cons of a I 'binary' government; government-linked Jpjg Jjk companies in Singapore; and why "the Mk& v3i biggest handicap of
      61 words
    • Advertisement
      Page 22 Advertisements Column 2
      83 22 you MIGHT HAVE SEEN A GIASS OF BEE* LURKING ON ANOTHER PAGE Of TODAY S PAPER (If YOU DIDN'T. WE U BLAME THE MEDIA DEPARTMENT WHICH REMINDS US TO INVITE fRIDAY NIGHT fREQUENTERS Of WINE BARS TO AN EVENT Of MUCH GREATER IMPORTANCE THE 38TH ANNUAI EXHIBITION Of THE NEW
      83 words
    • Advertisement
      Page 22 Advertisements Column 3
      34 22 From Page One The designer's Book Shop Design Centre #03-128 Book Shop Marina Square 141 North Bridge Road, Level 2. Please present your business card during gk collection. Free copy only while stock lasts
      34 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      118 23 Some Statements Are More Powerful Than Others. -r. '■f%%j&%ii 1 <*■ '"v~t, '~*^■*-"'v -<■> pbhhbhmbhhhhhi SAFRANE 'The Best Executive Car On The Market Today." This is what the highly regarded British car magazine, "What Car" had to say about the luxurious Renault SAFRANE in its 1993 Special Awards Issue. Comparing
      118 words
Page thumbnail Page 24
  • Article
    Scraping through in India
    529 24 EDITORIAL TO THE relief of the business community, Indian Prime Minister P V Narasimha Rao scraped through a no-confidence motion in the Indian Parliament this week. Mr Rao's survival was good news for India's economic and financial reforms it keeps Finance Minister Manmohan Singh and his
    529 words
  • WHAT THE OTHERS SAY
    • Article
      Time for outside help
      242 24 ARMED CONFLICT between India and Pakistan is an ever-present danger, given their deteriorating relations and history of bellicosity. They nearly came to blows on several occasions in recent years. An Indo-Pa-kistani war also raises the danger of a nuclear exchange, since both sides are considered capable
      242 words
    • Article
      Skills upgrading
      205 24 WORKERS WHO REFUSE to attend training courses need to be shaken out of their inertia, said labour MP Mr Othman Haron Eusofe. The assistant secretary-gen-eral of the National Trades Union Congress also urged community self-help groups to convince workers who refuse to attend training courses to change their
      205 words
    • Article
      AMM's great success
      218 24 IN ADDITION TO consensus reached among Asean countries on a regional security forum, the EAEC, and human rights, the most significant achievement of the Asean Ministerial Meeting is that Asean countries have been able to exchange views with powerful nations such as the US, Russia, China and
      218 words
    • Article
      Military land deal
      175 24 MAJOR-GENERAL John Foley's remark that the Prince of Wales Building will be handed to the People's Liberation Army in due course was a little premature, prejudging the outcome of a Sino-British deal on military land before one has been reached. Militaiy men on both sides must find
      175 words
    • Article
      Youths must keep perspective
      168 24 THIS IS AN exciting era to live in. As the 21st century nears, economies in this part of the world are booming; education is undergoing changes to gear towards the future; massive funds are being poured into research and development to keep the technology wheels in
      168 words
  • Article, Illustration
    Understanding change
    1164 24  -  Sjahrir examines how a change in Indonesia's leadership can have an impact on the country's economy Sjahrir The writer is the managing director of Indonesia's Institute for Economic and Financial Research, chairman of Yayasan Padi and Kapa, a lecturer at the economics faculty of the University of Indonesia
    1,164 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      744 24 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBYGIVENIhat, I. New Seow Loan of 616, Hoofing Ave S #05-370, Singapore 1953, have applied for a Retail Beer Shoo Licence in reapect of premiaea aft M/S Ridaco Provision Store at 693 Hougang Street 61 #01-K1 Singapore 1953.
      744 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      68 24 U>WM I JyST nrmr* J^ S TOOLS BHD =n| EKT^ L.OOSV ton&J u' SiraPLV LOPVLK OUT H I CoUID DO Qf THe DOOR J 'S. *erres. TW£. without o A V/) looking B*CK 1 J? CMWCttTtPKWMKMLIB-HW-WM >977 DOONESBURY GARRY TRUDEAU T SUPPOSe THISISUHERE YOLR FftTHBR ONE DM mmunZw& anpi bimlt
      68 words
Page thumbnail Page 25
  • ANALYSIS
    • Article, Illustration
      Keeping everyone on his toes
      1194 25  -  With Umno preoccupied with its party general assembly election in November, Sabah Chief Minister Joseph Pairin Kitingan could cash in on the situation by calling a snap poll in the East Malaysian state. Leslie Lopez reports from Kota Kinabalu Leslie Lopez WHEN Harun Mansur became
      1,194 words
    • Article, Illustration
      The trials of Kitingan
      864 25 Sabah Chief Minister Joseph Pairin Kitingan has earned the wrath of Malaysian Prime Minister Mahathir Mohamad's administration since his defection from the National Front Soft-spoken and affable, Joseph Pairin Kitingan doesn't look like a man under siege. But as chief minister of the East Malaysian state
      864 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      254 25 Keppe! m jS Integrated Engineering Limited (Incorporated in the Republic ol Singapore) The Directors are pleased to advise the following unaudited results of the Company and the Group for the six months ended 30 June 1993: COMPANY GROUP 1993 1992 1993 1992 $'000 $'000 $'000 $'000 Turnover 104,985 112,643 Operating
      254 words
Page thumbnail Page 26
  • Article
    Lock icon Hosokawa may become PM by as early as next week
    514 26 Reuter, AFP TOKYO Japan's non-com-munist opposition formally announced yesterday that it had formed a majority coalition and named anti-graft campaigner Morihiro Hosokawa as its candidate for prime minister. "Our unified candidate for the post of prime minister will be Mr
    Reuter,; AFP  -  514 words
  • Article
    Lock icon Indian minister faces the rap for corruption remarks
    194 26 AFP NEW DELHI An Indian cabinet minister is in trouble for reportedly calling his colleagues corrupt and alleging that a stockbroker who claimed to have bribed Prime Minister PV Narasimha Rao was in "everybody's bedroom". An embarrassed Mr Rao on Wednesday promised
    AFP  -  194 words
  • Article, Illustration
    Bulls resurface to give Indian bourse a big boost
    476 26  -  From Rajendra Bajpai in NEW DELHI SHARE PRICES closed sharply higher in the first trading session in the Bombay Stock Exchange after Prime Minister Narasimha Rao's government victory in a noconfidence vote in parliament, brokers said. The Bombay Stock Exchange 30-share
    476 words
  • Article
    Lock icon US$889m profit a dramatic reversal for GM
    255 26 AP DETROIT General Motors Corp vesterdav said it earned US$BB9 million (551.43 billion) in the second quarter, a dramatic reversal of a USS7O3 million loss in the same quarter a year ago. The earnings amounted to 92 cents a share, slightly higher than
    AP  -  255 words
  • Article, Illustration
    Thailand must focus on upgrading skills of workforce
    689 26  -  The Bottom Line LOH HUI YIN LOH HUI YIN The writer is a BT correspondent specialising in Thai affairs POOR infrastructure has always been singled out as the biggest hurdle Thailand has to clear if it is to become a full-fledged newly-indus-trialising
    689 words
  • Article
    Lock icon S Korea's ex-president Chun blamed for Kukje collapse
    244 26 Reuter SEOUL A South Korean court yesterday ruled that former strongman president Chun Doo Hwan engineered the collapse of one of the nation's largest business groups back in 1985. The ruling vindicates an eight-year legal battle by Yang Chung-mo, chairman of the
    Reuter  -  244 words
  • Article, Illustration
    HK's Martin Lee has hard time getting a lawyer
    627 26  -  From Catherine Ong in HONGKONG THE Yorkshire Ripper, it would seem, had an easier time getting legal representation than Hongkong liberal politician and Queen's Counsel, Martin Lee. Mr Lee, the scourge of Beijing, caused a sensation this week after it was
    627 words
  • Article
    Lock icon Air Force chief is Thai Airways acting chairman
    202 26 AFP BANGKOK Thai Air Force chief Gun Pimarntip was appointed, during a board meeting yesterday, as acting chairman of Thai Airways International, the post he held before giving way to the airline's only civilian chairman. Mr Gun, who was elected unanimously, would
    AFP  -  202 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      105 26 SAVE 50% OFF THE NEWSSTAND I Iff H? THE REGENT HOTEL PHNOMPENH (Operated by Benquen International Cambodia Ltd Bensing/Benquen Group of Companies) No. 15, Street 528-287 Khan Tuol Kok, Bengkok 1, Ptanom Penh Cambodia Tel: 855 23 ***** Fax: 855 23 ***** 0-(ome flzvay From tHome lAHtfi Si Touch Of
      105 words
    • Advertisement
      Page 26 Advertisements Column 2
      80 26 Trends A monthly publication of «he Irotitme of Southed A-sun Snuhes Eight articles are featured in this month's Trends, which appears with tomorrow's Business Times Multi-culturalism in a melting pot? The "third wave" and dwifungsi in Indonesia Malaysia's foothold in the China market Peacekeeping or peace enforcement in the *****?
      80 words
    • Advertisement
      Page 26 Advertisements Column 3
      46 26 ONLY S$L5O A DAY PRIME FREEHOLD EN-BLOC CONDOMINIUM HOLLAND ROAD DISTRICT JOia yP FOR SALE BY TENjfeJpP^ 12-storey apartment v Total strata sf return P" value-added improvement te Ao B usl '93 at 3pm Si* For further information and tender documents, please contact Sole Marketing Agent
      46 words
Page thumbnail Page 27
  • Shipping Times
    • Article
      Sinsov gets competition from Russian-S'pore venture
      532 27  -  By Juliette Walker SINGAPORE Sinchart Pte Ltd, a one-year-old SingaporeRussian joint venture, is giving Singapore Soviet Shipping (Sinsov) a run for its money. Established in June last year, Sinchart is a 50-50 joint venture between Nakhodkabased Primorsk Shipping in eastern Russian and a local
      532 words
    • Article
      MOL to sign PSA berth agreement
      261 27 SINGAPORE Mitsui 05K Lines (MOL), one of Japan's largest shipping companies, will sign an agreement with the Port of Singapore Authority (PSA) for berthing priority and volume discounts on stevedoring charges. MOL's Singapore senior representative, Norio Nakaoka, and PSA deputy executive director Goon Kok
      261 words
    • Article
      Stolt Comex Seaway to triple size of local office
      267 27  -  By Dexter Lee SINGAPORE Nasdaqlisted offshore contractor Stolt Comex Seaway (SCS) will triple the size of its Singapore operations by the end of the year. The Marseilles-based company has struck a 10-year tenancy deal with Singapore Offshore Petroleum Services Pte Ltd
      267 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1109 27 Page CM ABC Containeriine 12 1 Accord Group 8 1-3 Africa Container IS 3 •Ahrenkiel Liner 4 1/2 Alpha Feeders 6 1 ANL 3 1/2 •APL 5 3-5 Appenship 18 3/4 Arabian Express IS S •ASCL 5 S ASXCLShpg IS 2 Avant Shpg
      1,109 words
    • Article
      Lock icon South Korea to step up piracy watch in China seas
      231 27 Oana-Yonhap SEOUL South Korea's navy and the maritime police have been instructed to step up patrols in the high seas of the South China Sea and East China sea to cope with a series of attacks and threats on Korean
      Oana-Yonhap  -  231 words
    • Article, Illustration
      Lock icon Holding out
      75 27 Reuter ROTTERDAM Striking Dutch barge owners in the hold of the cargo vessel Night Light from Nassau stop the unloading of its cargo of soy bean on Wednesday. Above the bargemen is the bucket from a crane. The bargemen occupied two vessels in Rotterdam harbour. They are trying
      Reuter  -  75 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        628 28 VtSMj \by Hi Both Vmd Puparture Vn*l W» Btrid jwfcwl P^artrt JurOflg Port Caltex/L 29/93* P01C 30 07/1100 30 07/1900 Dam Naree 9301 J8 alongside 30 07/2300 Chrstototev 03 P07 30.07/0730 31.07/2300 Hua Hong Satu 05/93 J3 atongsxte 30 07/1500 Doumen/L ****** POM 30.07/0900 30.07/1200 Kotndo 07/09/93
        628 words
      • Article
        CONTAINER SCHEDULES
        1135 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO BtCEIVlWG OF EXPOBT Fa COWTMHEHS AMD ICt CAR60 Record Boolunf/Bjijncc Rslts Skip Voy No Etb/Btr ftriod From To From Ao Vtotet 238 30/2300 1 29/1500 29/1659 29/1900 2 29/1700 30/0659 30/0900 N Watty* F027S 01/0200 2 29/1700 30/0659 30/0900 3
        1,135 words
    • Article
      THE SHIPPING GUIDE
      11519 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,519 words
    • Article
      DAILY FREIGHTS
      573 43 SLUGGISH chartering activity in dry cargo depressed freight rates with only Pacific grain freights looking steadier, brokers said. In the physical market, Gulf/Japan heavy grain was fixed at US$22 and North Pacific/Japan heavy grain was done at USsl4, both for September. The Baltic Freight Index was down one
      573 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      510 43 Cvbw CtfbQR My 22 Dwrty IMar Mtm A* IfcwM- S»—wt Pwty WO» —Ma A* »*■>*■< M/M M/M Euan Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method m/form IWft Sp* FT** 991 10 iTo 010 30* 010* Eartm USA 180 Ave 986
      510 words
    • Article, Illustration
      Lock icon In pursuit of gas carriers
      1448 44 This is the final of a two-part article on how the big seven Japanese shipyards are coping with a lack of newbuilding orders Lloyd's List According to Mitsui Engineering and Shipbuilding (MES), which has joined forces with Mitsubishi Heavy Industries (MHI) and Kawasaki Heavy Industries
      Lloyd's List  -  1,448 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Round One of air fare trial turns out to be a tame affair
        684 46 NYT GALVESTON, Texas Round One in the courtroom clash of the titans turned out to be not much more than a sparring match. It was Robert Crandall, the outspoken head of American Airlines' parent, pitted against Joseph
        NYT  -  684 words
      • Article, Illustration
        Lock icon US car industry on road to recovery
        755 46 Analysts attribute stronger sales to low interest rates and a need to replace ageing vehicles Reuter DETROIT In yet another sign that the US car industry is on the road to recovery, Ford Motor Co and Chrysler Corp reported combined profits of nearly
        Reuter  -  755 words
      • Article
        Lock icon Taiwan banks to finance deal with BAe
        249 46 Flight International LONDON A Taiwanese banking consortium has agreed to provide US$46O million (***** million) in loans to Taiwan Aerospace (TAQ, to finance its participation in the Avro International regional-jet venture with British Aerospace (BAe). The agreement, which still depends on final approval
        Flight International  -  249 words
      • Article
        Lock icon Ho Chi Minh City airport doubles capacity
        169 46 AFP HANOI Tan Son Nhat, the international airport in Ho Chi Minh City and Vietnam's largest, can now handle 2.5 million passengers a year, double its capacity last year, the Vietnam Information Service said on Wednesday. The upgrading of the airport's facilities, begun
        AFP  -  169 words
      • Article, Illustration
        Lock icon GM-VW feud to be used to fight industrial spying
        240 46 Reuter WASHINGTON The Clinton administration plans to use a bitter feud between General Motors (GM) and Volkswagen (VW) as a test case to combat industrial spying by foreign corporations and governments, the Washington Post reported on Thursday. The newspaper quoted a
        Reuter  -  240 words
      • Article
        Lock icon Kansai airport may open only next Sep
        161 46 AFP TOKYO The opening of Tokyo's new international airport, much-delayed, and muchawaited by air travellers, may be put ofT again until September next year. Kyodo news service said Kansai International Airport would start operating in September, 1994, after promises it would open "next
        AFP  -  161 words
      • LOG BOOK
        • Article
          Lock icon Nusantara, BAe to make aircraft parts
          61 46 AP JAKARTA The state-owned Nusantara Aircraft factory,-in cooperation with British Aerospace, will produce components for Hawk military aircraft worth around US$224 million (***** million), a company spokeswoman yesterday. The contract to produce the components is part of an agreement signed last year by Indonesia
          AP  -  61 words
        • Article
          Lock icon Air China begins direct flight to Israel
          71 46 AP TEL AVIV, Israel China's national airline, Air China, inaugurated direct flights to'lsrael on Wednesday. An Air China Boeing 747 jet from Beijing landed in the afternoon at Bon Gurion International Airport near here with 27 passengers, after a lOVj hour flight. Israel
          AP  -  71 words
        • Article
          Lock icon Around the world in 32 hours
          115 46 AP NEW YORK The Concord superset is offering a round-the-world trip in 32 hours for revellers who want to ring in the new year twice, the head of the Concord Spirit Tour charter Donald Pevsner announced on Wednesday. The Air France flight, which will
          AP  -  115 words
        • Article, Illustration
          Lock icon Sinking to a watery grave
          63 46 AFP ROSSRI ISLAND, Russia The twisted remains of part of the Soviet Navy slowly sink after being scrapped in Labour Bay on Monday. Hundreds of former Soviet vessels of all types fill the bay and with no money to salvage them, the Russian military has
          AFP  -  63 words
        • Article
          Lock icon Jaguar reports lower losses
          80 46 AFP NEW YORK Luxury car maker Jaguar, a division of Ford, cut its second-quarter losses to US$6O million (Ss97 million) from US$75 million a year earlier, Ford vice-president David McCammon said on Wednesday. He said the European market remained depressed for Ford. Ford's European division lost
          AFP  -  80 words
        • Article
          Lock icon BC Rail ready for talks with union
          57 46 Reuter VANCOUVER, British Columbia BC Rail Ltd said a mediator has called representatives of 1,600 unionised workers back to the bargaining table on Wednesday. M We asked the provincial government mediator to remind the union that the company is willing to resume mediated
          Reuter  -  57 words
        • Article
          Lock icon 5 die in hydroplane crash
          61 46 AFP MONTREAL Five people were killed and a sixth serioarijr injured on Wednesday when a hydroplane crashed in a lake in tie wilderness northeast of here, police said. The De Havillahd Beaver's crash 1,200 km northeast of Montreal may have been caused by bad weather,
          AFP  -  61 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1300 46 CM* nm n* nm n» i n| m GA970 2205 QF81 1930 QF82 2065 SQ227 2230 22a KL837 1445 KL832 0020 SQ323 1725 KL838 2320 a SQ348 2300 UW NZ35 1550 BA11 1505 SQ288 2030 SQ285 2015 8A12 2200 NZ36 2340 r" GF149 0650 Ml Npw
        1,300 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      13 27 S£S MAC-NELS UHMn EVERY PXKJ? WEEK: KOIMVI 3 SAILINGS SINGAPORE:(O2>-*****22 JKT:(2I>-*****07 PK:(03)-*****77 PEN:(O4)-*****6
      13 words
    • Advertisement
      Page 27 Advertisements Column 2
      26 27 Lints and asnricaa npmintid by Mamban of Iht Ragtitry of Accraditad mBB| Shipping Aganta, Singapore National Shipping Association For advertising enquiries, contact Shipping Tbm: Tai 740-2089/740-2090
      26 words
    • Advertisement
      Page 27 Advertisements Column 3
      50 27 THE FAMOUS J** 1 Causopi ■iMiiiai n> naa For more information ple»»« refer to Pg. IS t In pursuit of gas carriers, Page 18 Round one of air fare trial, Back Page HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. Business Times
      50 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      407 28 TSKLNE AGENOES (S) PTE. LTD. /UnJA rI 1 ¥7 TT fUTfI Tel: 226-3363 □PW J[ #3#JX# I JIMr, F 226-1972/3 rfcrr7 Tlx: RS *****/TSKSIN. gjgpp TOKYO SENPAKU KAISHA, LTD. CR No: **********0N pi^ exports ojxmowG. je japan pwgwcKtr OCX UUC 208 2107 '30.07 3107 03.00 VM 00.10 13.01 14.00 14.00
      407 words
    • Advertisement
      Page 28 Advertisements Column 2
      1166 28 lit£a?s,isd 2 ,oi sj si i! s: sTR; r, v, asapssr gha k i-hk" %j IStZ ycA.iT 1 is im«l I t< I I 44 I 7* I 7« I <*1 m buait I til aliu I a,i I m I u I n I n >m ha ai Im
      1,166 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      1765 29 IppiHg times) riiua) duij #v tm\ btk tt> iadmiib ftmpwiio AftFllTiM JARDINC SHIPPING AGENCIES SDN. BHD* AGENCIES PETALING JAVA TEL: 03-*****76 FAX: 03-*****42 mr.S?iim tli HNWARDI/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CPS TEL: *****6 rn?w«™n?S& ISTMS 182 IPOH TEL: *****3/4 FAX: *****6 ??P^9 S cI E TP, 32 /PM7O7Q
      1,765 words
    • Advertisement
      Page 29 Advertisements Column 2
      1796 29 ■uim.Hnwi=i U. S. A. /CANADA NEXT AVAILABLE SAILINGS ALVA MAERSK V. 9310 ETA SIN 02ND AUGUST 93 MARGRETHE MAERSK V. 9308 ETA SIN 03RD AUGUST 93 LUNA MAERSK V.9312 ETA SIN 04TH AUGUST 93 Vmml Voy ETA ETD Feeder by I '""ST DESTINATIONS TNt week MARGRETHE MAERSK 9306 I cr
      1,796 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      1504 30 AQABA R DAM/ [I ALSO ACCEPTMQ FROM VESSEL VOV NO SPORE JEDDAH (VIA JED) S'TON H BURG A WERP HAVRE 9 yyfigT MALAYSIA ESSEN EXPRESS 01/329 31/7 9/8 15/6 18/8 21/6 23/6 25/6 Port Kelang. Penang ELBE 17/130 4/8 21/8 24/6 22/8 Pasir Gudang HANNOVER EXPRESS 15/330 7/8 16/8 17/8
      1,504 words
    • Advertisement
      Page 30 Advertisements Column 2
      520 30 EZ3ZBBH FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for al services C.I.S.- Voatochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam a Mongolia a Hungary CSFR a Poland ocTSTrans AGENOES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA F—dor Vessel ITA SIN VILLE
      520 words
    • Advertisement
      Page 30 Advertisements Column 3
      1223 30 NORASIA I I NORASIA SUN 9329-3 05/08 25/08 28/08 29/08 29/08 31/08 01/09 02/09 03/09 04/09 >1 I NORASIA PEARL 9330-3 12/08 01/09 04/09 05/09 05/09 06/09 07/09 08/09 09/09 10/09 'I I ARABIAN SEA 331W 19/08 09/09 13/09 15/09 14/09 15/09 16/09 17/09 18/09 19/09 'I I CHNA SEA
      1,223 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1663 31 H STRAITS SHIPPING PTE LTD 10 Mm Chiang Road #11-01 Kappal Towers Singapore 0208 Tel: *****88 Fax: *****17 0U SAAS tSeT* RAJAH wnmir VIK Hwi. I* 27-24 M hn 30 M Fa, LCL CONTAMER AND MKAKBULK KWICf TO MUM MtW QUMCA STRAITS DOnUK VIK Hon. Ub M-42 *uf 02 03
      1,663 words
    • Advertisement
      Page 31 Advertisements Column 2
      2017 31 k%\ SINGAPORE AGENT: Hi P&O Containers M M m MMTM. i»r Tel 225 2233 Tstex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z Zt «ftT MAM OOT LW VftWL VOT ANT OOT NOT NAM KM Ml W Ml M IMM *5 WOT M *JKO M-« WW 1(/oa I#/og
      2,017 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      832 32 mmm m ir—t wow wwriT" ■W Y2BWB I 3/1-5/1 I 26/1 30/1 2/9 >/» ►TO AW ißsg!b^ COAST ffIOTS Wt/WT mi STOKt SYD MM BUB Flit mi n *sso. m nn 31/7 »/i u/i WO ASM MS 11/» n/» 21/8 22/1 WO Itwst* SK 15/8 It/A 1/9 26/8 I SOUTH-WEST
      832 words
    • Advertisement
      Page 32 Advertisements Column 2
      1996 32 (g) HANJIN SHIPPINGI m w*l SM LIC HAUL SEA PDI TOR VSL SW LRE HAUL SAV I.M NYC I lunm rmOHAMA 047E 5 8 DKCT n/1 SAP HANJM TOKOHAMA 047E 5/1 M PIOGKSS 027E 9/9 10/9 12/9 SSS& 0231 12/1 WECT 2/9 4/9 HMUW WTTaPAN 023E 12/8 |JL«WC|I 0441 Wl
      1,996 words
    • Advertisement
      Page 32 Advertisements Column 3
      1221 32 lii I_Tr I 1 I I in IS IK lit W II OK KT K TTO HI CM Ml HTCUW MUM WE f» CM NO. I I gut H #42 1/1 4/1 >1/1 D/l 14/1 17/1 19/1 20/1 21/1 23/1 3/* 14/* 17/* 11/* 2«/» 21/* J l/ll 2/11 12/1122/1*
      1,221 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      1612 33 SCX: 'OOCL FAME 15E' ETA SGP 04/08/93 II II II ARRIVING LOS ANGELES 21/08/93 IN 16 DAYS I 83JHOL. II AEX:'NEPTUNE PEARL 10E'ETA SGP 04/08/93 II I "W H ARRIVING NEW YORK 27/08/93 IN 22 DAYS I II *N1 CoMMCtfaf C. Sflfen Way ME hi NKS 07/M/S3 HI *12 Coamctlnf
      1,612 words
    • Advertisement
      Page 33 Advertisements Column 2
      977 33 m sinsov SINGAPORE SOVET SMPPMG CO PRIVATE LTD BOOKMGS: BAIT ORENT LVC: *****64 FESCO: *****06 ENQURES: *****33 BLASCO ft OOESSA: *****51/*****31/*****13 VIVENTORY: *****45 MWARO: *****81 OUTWARD: *****80 TRANSHPMENT: *****78 KL: 03-*****75/697 PORT KELAN& *****43/ *****40 JAKARTA: *****57 PENAItG: *****4/ *****8 JOHORE BAHRIh *****1/ *****1 MARME INSURANCE SERVICE: *****87/ *****87 CR
      977 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      1368 34 Ktt m— AS AGENTS: KAWASAKI SINGAPORE (Hi) LTD (CR No: **********011) TEL *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 W TkT *3* MALAYSIA "K" LINE MARITIME (MALAYSIA) SON IHO U TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I JL A INDONESIA: P.T. SARANA LAOT INTERNUSA. TEL JKT
      1,368 words
    • Advertisement
      Page 34 Advertisements Column 2
      652 34 PHILI-ORKNT IMS PTC LTD V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 5 AUG SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 10 AUG AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH 4
      652 words
    • Advertisement
      Page 34 Advertisements Column 3
      446 34 GOLDEN LINE A GUAM GUAM SMPPMG ttXs<\ (PTE) LTD ■1 w 23. M Apr Street SMCAPOK (1M TEL. U4JM4 (M IMS) Fat: *****44 (IX Ha. lIUKSMM) ITKAITI/WtMUII CUlf inwa S pore P. Kdang Penang COUCH HUMS! feudi (MM. 2/4 ta| COW! STW Mf*h. Dub* 14/12 h| CMM4A wna GOUXN NOBO
      446 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      967 35 /asssfl|y PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I SSSSSSSS MM UmKM CR NO: **********061 VESSEL VOV SM BKK M 4 T E£jUNTAN *11 "S M KOTA SABAS KSBION 1/8 4/8 8/8 BUMQA TCRATAJ 3413 3/8 M Wl SftISAMUT (THAI FLAQ) SRS3IN 3/1
      967 words
    • Advertisement
      Page 35 Advertisements Column 2
      1594 35 KSSUS »ot w mum stow none hottctdam awtwot thmks u nor* ■If M KSI« 7429W 31/07 27/01 ?9/M 30/ M 31/ M 02/00 WHFBC TOCAIM 9529W 07/01 03/09 05/09 01/09 07/09 w/w HU 0( CANOFUS 9729 m 14/01 09/0) 11/09 12/09 13/09 15/09 WU£ DC rtOWNCt 9929W 22/0* 17/09 19/09
      1,594 words
    • Advertisement
      Page 35 Advertisements Column 3
      368 35 BSA A. M MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yanfon (Ranfoon) Sport P.KIj Pen P.Gdf MM-AR VIS3W 07/10 Au( 02/05 Au| BMO MOW 11/20 A* PMMI V2OOR 15/17 A«« MALAYSIA AGENTS OOUSTEAD 9VPMG AGENCtS HI TU 03-*****00 PKL: TE 03-3(0(7(7 rot IU 04 (1(135 p® TU 07
      368 words
Page thumbnail Page 36
Page thumbnail Page 37
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      2400 38 J Container Liner Services Malaysia's Agents: Indonesia's Agents: I General Agents: Seeking Agents: Qnan Gun Skinning Sdn MM Cheng CMee Skinning Sdn Bk4 F.I. Giekei Fntra leitenit Maritime) Costar Shipping Pte Ltd M Field* geeUag Cmen sea tee 5t Mam »af «o* Una let 3.34, M Hoar, M. If. I
      2,400 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      657 39 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 02/08 ROTTERDAM 02/08 AARHUS/COPENHAGEN 02/08 HAMBURG/BREMEN 02/08 MARSEILLE/FRANCE 01/08 FELIXSTOWE/UK 02/08 BARCELONA/SPAiN 01/08 LEHAVRE/FRANCE 02/08 MkNOA/ITALY 01/08 ANTWERP/BELGIUM 02/08 10S ANGELES/WC/IPI 01/08 SYDNEY/MELBOURNE 05/08 NEW YORK/EC 02/08 FREMANTLE/ADELAIDE 03/08 VANCOUVER 04/08
      657 words
    • Advertisement
      Page 39 Advertisements Column 2
      672 39 RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA [LOAOtNGTofi SPORE ANDINET 3IVYB 18'Oe DARESSALAAM MOMBASA DJIBOUTI ASSAS MASSAWA AGSAY WO**Z 37VKB 2i>o9 DARESSALAAM MOMBASA DJIBOUTI ASSAB
      672 words
    • Advertisement
      Page 39 Advertisements Column 3
      931 39 JAKARTA BANGKOK wssa I ww I i I ki I \mm low —y— mmmm RAM BHUM MS MPI 3/0 MRU BHUM OSN MPT 30/7" Mm 2/0 GURU BHUN 20IS 31/7 4/0 ORACON SINTOSA 44N IPT 30/7 TM 3/0 IHMMBNUN iis 2/1 «71 NANTA BHUM IHH M 31/7 4/0 NANA BHUM
      931 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      1323 40 BdfcSMN CONTAINER LINES MAC-NELS SPORE: *****22 (24 LINES) reNANG^O4)'634S36 SIBU: (084) *****9 KUCHINQ: (082) *****3 (21) 5482*1? SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/UKB/MED PORTS PEN PKI SIN EVERY TUE/THW/SW PEN PK SIN 30/7 31/7 1/8 Honf Kong Ldn/Fh/*dm/*nt/IMV/H«n 31/7 1/8 2/8 1/8 2/8 3/8 Honf Konf 6WCTwf«n/Sliofcn/(hlo 1/8 2/8 3/8
      1,323 words
    • Advertisement
      Page 40 Advertisements Column 2
      188 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD Eft ETA n» srm ran roam rmm UK MR 10 8 iMdmi lor M* MAM HUM) 6/8 4/1 DBcharpif Mid loaihnt lor Bombay OOIfHN 4/S 3/» loidrnj Fw Malt men 9HOC 8/8 loadinj For Halt UMMLDH 5/8 Loading For Matt noons inn
      188 words
    • Advertisement
      Page 40 Advertisements Column 3
      784 40 THONG SOON UHES PTE. LTD. 78 SHENTON NAY #10-01, SNGAWRE 0207 TEL: *****88 FAX HO: *****11 TLX: AS ***** CAMBER, RS ***** JENHOL CABLE: TOSOCO ttSSEI m STORE PEST VESSEL VOV STORE |OBT EQUATOR JADE 85/3E 30 JUL KUCHING EQUATOR ROYAL 80/3E 01 AUG SIBU EQUATOR 111 96/3E 04 AUG
      784 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      788 41 *JgV<EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTWC BREAKBULK SOC CARGOES TO/FROM KOK. YOKOHAMA NAGOYA. MOIL TOKTO*. MANIA*. OA*AO*. Penanj* P. Ketanj Singapore ElAsia* IVY EVERETT VSE lnPt/30 Jul 31 M/ 01 Au| RAMAL EVERETT VI7E 23/24 Au| 25/26 Au| K ARABS VERETT VI3E 07/08 Sep 09/10 Sep ACCtfTWG MEAKBUU/FCL/SOC
      788 words
    • Advertisement
      Page 41 Advertisements Column 2
      353 41 m QioiY mmw cuoap REGULAR LINER SERVICE TAIWAN TO SINGAPORE t ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0N SP PKL PNG KAO GLORY SELATAN VN 1/t 2/8 3/8 13/8 TIMBER TRADER V SP PKL HCM HK KAO GLORY SELATAN VII 6/8 14/8 GLORY SELATAN IX
      353 words
    • Advertisement
      Page 41 Advertisements Column 3
      592 41 PGSL WORLDWIDE muu -aWI STOKB UWES REGULAR FCL SERVICE TO THE FOLLOWIHO WEEKLY SAILING TO HUANG PU A SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO. 2 Connecting Feeder to Shantao LIAN BO NO 9 Wt HV LEASING CONTRS FOR RENTAL SAILIMQ TO 'PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
      592 words
    • Advertisement
      Page 41 Advertisements Column 4
      487 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL StN DURBAN P ELIZABETH SIN FUVUSMAN V4B/47 04/08 20 08 23/08 11/09 FENGSMUNSHAN V 47/48 19AM 05/09 08/09 26/09 FENGANSHAN V 124 04/09 20 M 23/09 11/IO ALSO ACCERTMO TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL
      487 words
    • Advertisement
      Page 41 Advertisements Column 5
      319 41 SjN FM EAST 3/8 KEELUNG/KAOHSIUNG 7/8 BANGKOK 2/8 MANILA/CEBU 1/8 JAKARTA/BELAWAN/SURABAYA 2/8 PORT KELANG/PENANG/E. MALAYSIA 8/8 BUSAN 8/8 TOKYO/YOKO/KOBE/NGO/OSA 8/8 HONG KONG SIN CHJNA 8/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU > DAL lAN SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUIBPE/UK 2/8 LDN/FLX/LVP/SOU 2/8 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary Romania
      319 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      719 42 Off IJMB BMBS IfiflMß HONGKONG/CHINA 2/8* 5/8 JAKARTA 30/7 BANGKOK 31/7 A 7/8 MANILA 30/7 BUSAN 26/7 A 2/8 KEELUNG 4/8 ft 11/8 TOKYO/KOBE 30/7 A 7/8 KAOSHIUNG 2/8 A 10/8 PORT KELAN6/PENAN6 30/7 A 7/8 YOKOHAMA 30/7 A 6/>^ COLOMBO 3/8 A 11/8 FELIXSTOWE/HAMBUMS 30/7 A 8/8 CHITTAGONG/MADRAS 2/8
      719 words
    • Advertisement
      Page 42 Advertisements Column 2
      365 42 y Conferm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 12TH AUGUST ACCEPTING TO ALL NEW ZEALAND PORTS PENJUI6 5 AUG POUT KELANG 5 AIM JAKARTA 1 AIM BANGKOK 31 JULY SURABAYA 3 AIM FBEMANTLE 9 AIM BEL BOURNE 9 AIM SYDNEY 9 AIM ffflfyftfff d AIM 31 JULY I •ACGEPTHM TO
      365 words
    • Advertisement
      Page 42 Advertisements Column 3
      675 42 Next Week's Sailings Tr aSusr 1* FIRST FORWARDER IN To: ETD To: ETD asia awarded Singapore Singapore |S 9002 BY LKQA EVERY EVERY Bangkok SUN Jakarta SUN —flDi EVERY EVERY Manila SUN Ho Chi Minh FRI fj fDI j] EVERY EVERY vSfykssJ Colombo TUE Limassol THUR XSgjX L~j| MTEMATKMAL SEA
      675 words
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Page 43 Advertisements Column 1
      929 43 gC ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND ports vov aumoa mqntivhol durbar |s»bapore|honokonbl vessels aks Kdooiiwi* n. munkaya Sal 20-25/07 2C-27/07 00-io/oa 23/oa 27/aa ai-oa/oa oa/oo pousbk aw 2Q-2a/oa" 2a-27/oa oa-ta/aa aa/aa ay/aa oi-os/io bt/ib —onuaiaiT noi ia-23/aa 24-aa/aa ar-aa/io 21/ia as/10 is/iooi/ii aa/n taw 4 TRANSMPMENT TO BANGKOK. TAIWAN ram.
      929 words
  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      576 43 TODAY'S TIDES (height in metres) HQ* 0000 1100 0200 0900 0400 0500 0600 0700 (MM 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 I*o 2000 2100 2200 2300 *.< 1.4 1.0 O.S O.C 0.6 O.S 1.1 1.4 1.7 I S 2.0 1.9 1.7 1.5 1.3 12 1.3 1.5
      576 words
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      382 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SWGAKME MANHA tnumcrmn WfiOW PACfIC 23M 30/07/93 Q7/M/93 FMMYJW NHMMY wa-Mcnc 23AHB S2ZQBZ92 OZZMZS2 VIGOUR MgggjgE 59N8 06/08/93 14/01/93 VIGOUR SINGAPORE 59ANB 09/08/93 I 14/OS/»3_ PORT KLANG/PENANG FULL CONTAINER SERVICE urein I wing I SNWOUt I fO»T KIAW6 rows VIGOUR PENANG 9301N8
      382 words
    • Advertisement
      Page 44 Advertisements Column 2
      704 44 @APPENSHIP /2\ HAMBURG V#V CONVENTIONAL INDEPENDENT LINER SERVICE V EUROPE TO SOUTH EAST ASIA AND FAR EAST VESKLS LOMMC FORTS DBCHMGE/LOMNN6 FOR K ACT AN FOMENKO ANTW SLD SPORE 10/8 YOMOAN LUTHUCIMU PORT SAJD SPORE 2/8 HAMMONY SEA HAMBURG SPORE. BKK FLAG LEADER ANTW SLD SPORE. SHANGHAI KOALA CONTAINER LINE
      704 words
    • Advertisement
      Page 44 Advertisements Column 3
      324 44 iLcosco UKC cowvpmowAt service VESSEL PKL PNO P.O. LOADING FOR: A VESSEL 28/08 Rotterdam/Antwerp CMH* CONVENTIONAL IQWCt VESSEL PKL PNG P Q. LOACNNO FOR: A VESSEL 15/08 18/08 Huengpu/Quangzftou COSCO FULL COHTAMEH SERVICES fFCL/FCU EXPORT TO: cmna/banqkok/nonqkong EUROPE/CONTMENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN OULF/KARACMI Please refer above mentioned
      324 words
Page thumbnail Page 45
  • Page 45 Advertisements
    • Advertisement
      Page 45 Advertisements Column 1
      922 45 Ik HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSaS VOT 1 PW» 1 PKE 1 PCD I VtSSQS VOT ISW I «TM AWT* LPT HUM FEL MM ADVANCE 23A 2w"wlw7 H. PWWEER 304W 02/01 20/01 20/01 21/01 22/08 22/01 24/01 NORASIA MALACCA 9325 A 03/01 04/0« 05/00 H.
      922 words
    • Advertisement
      Page 45 Advertisements Column 2
      515 45 STRAITS/ JAPAN/ STRAITS SERVICE E SPECIALIST IN RO-RO t HEAVY LIFTS MBOURP VESSELS j Kim m v PI uc u «i mebm n t»/i ii/i nunmtv s< tin n/i mm mm rraise 2 i/I t FM EAST EIWSS 2 M/ 7 2/1 1 MM RLM 21 12/1 IS/S i UMM
      515 words
    • Advertisement
      Page 45 Advertisements Column 3
      894 45 EDDAH/UK/CONTINENT STORE |0 S'TON H-MBC RTMM LEM •Mu Acc*fe| Carp ftr ESSEN EVKSS Al/1M 31/7 »/l 11/ l 21/1 23/1 2S/I SuMlilw :I* 4 M MMk Btfat mi kAh ELK 17/131 4/1 21/1 24/1 2C/I Mtarfea :to «A htwmp. Mate o*. IMR*i HAMKMER EIMESS IS/3M 11/ l 25/1 2>/l M/l
      894 words
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Page 46 Advertisements Column 1
      5 46 INVESTMENT Tomorrow in Business Times
      5 words
    • Advertisement
      Page 46 Advertisements Column 2
      51 46 I INVESTMENT I Tomorrow in Business Times Finnair Business Class Speed, Comfort and Space Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. know the world from start to
      51 words