The Business Times, 10 August 1993

Microfilm: NL18959
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA (P) 552/12/92 Tuesday August 10 1993 WE KNOW ASIA 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones at record high
      58 1 Reuter NEW YORK Bluc-chip stocks climbcd into record territory yesterday, spurred by optimism that the budget-defi-cit reduction deal passed last Friday by Congress will keep interest rates low. The Dow Jones Industrial Average was up 21.8 points to 3582.23 at 2 pm EDT. surpassing the
      Reuter  -  58 words
    • Article
      Lock icon Nato refines plans for possible air strikes
      103 1 Reuter BRUSSELS Nato ambassadors have refined plans for possible air strikes on Bosnian Serbs but diplomats say any decision to go ahead would be left to the United Nations. "This meeting will not take a decision to use air power, it will create
      Reuter  -  103 words
  • Article, Illustration
    MARKET SUMMARY
    110 1 Stock market indices Monday Change ST1I dosed K.LSE Composite 779.87 +1.21 Nikkei 20.493.05 +135.11 Hang Seng 7,382.22 -14.55 SET Index 952 77 -6.07 Jakarta Composite 364.53 +1.92 CLSA China B 839 7 12.6 AustAIIOrd 1.844.3 +2.1 FTSE 100 -2,986.4 +16.6 Monday Pre* ions 1pm close Dow Jones 3.582.51
    110 words
  • Article, Illustration
    Lock icon Moment of glory for the man in the street
    347 1 SINGAPORE The simpler joys of life mingled with the traditional pomp and ceremony of a National Day Parade at the Padang yesterday as Singapore marked the 28th anniversary of its independence. Supcr-Skyhawks gave an aerial display and SAF commandos wafted to
    Picture by Arthur Lee  -  347 words
  • Article
    LDP defectors win key Cabinet posts
    707 1  -  From Anthony Rowley in TOKYO JAPANESE Prime Minister Morihiro Hosokawa yesterday announced his coalition Cabinet, handing the key foreign, finance, trade and defence portfolios to defectors from the long-ruling Liberal Democratic Party (LDP). Tsutomu Hata, leader of the defectors who formed the new Japan
    707 words
  • Article
    HDB resale flat valuation to be done through board
    558 1  -  By Lilian Ang SINGAPORE The Housing and Development Board is making it compulsory for valuation reports, which are used for mortgage financing purposes in the thriving HDB resale market, to be done through the board. Minister of State for National Development
    558 words
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      231 1 PtiotographicSyjtom 4.* Nikon Camara Cantra Max Photo #03-10 Cantrtpolnt Tal: *****48 *****68 CONTENTS News Companies S pore News 2 S'pore-Msia 9.10 Regional News 3.4.5 Financial 11 World News 7.8 Features Markets Analysis 21 Clob/KISE. SES ._.14 Editorial 20 Regional 12 Sports 15 World 13 TV/Lifestyle 17 Currencies 11 Regional Focus
      231 words
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      10 1 Property: Pr is Is private property getting out of reach?
      10 words
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      7 1 Hock Lock Siew: Pg European stocks lookrf&wod
      7 words
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      103 1 ttom Line: Back Pg Pakytan's last shot at democracy More reports, Pg 5 BALLY i g SHOES FASHION ACCESSORIES BALLY BOUTIQUES in SINGAPORE: Raffles Hotel Arcade. Tel: 338 0348/ Raffles City. Tel: 339 0169 AUTHORISED DEALERS: Champion Shoe Co Chanroi Branch Datmoru Often Bouflque DFS Branches Euro Shoe Shop Bronch
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Surge in resale property ads
        368 2  -  By A J Leow THERE WAS a sharp increase in the number of newspaper advertisements for resale properties in July, yet another indication of the buoyancy of the property market. The surge in the property resale ad volume in The Straits Times' classified section cut
        Source: ST Classified Ads  -  368 words
    • Article
      Season tie-up invests in Chinese confectionery
      570 2  -  By Teh Hooi Ling SEASON Confectionery, together with three other local companies, have teamed up to invest US$2 million (553.2 million) in a Shanghai bakery, chocolate and ice-cream company. Season, which is one of the oldest names in cake manufacturing in Singapore, plans to
      570 words
    • Article, Illustration
      Lock icon Former Isetan store in Havelock Rd may become haunt for nightlife entertainment
      383 2  -  By A J Leow THE vacated premises at the former Isetan department store at Havelock Road may soon be converted into a haunt for nightlife entertainment. Taiwanese businessman Liu Win Yin told BT last week that he had
      Photo by Chris Loh  -  383 words
    • Article
      Ex-magistrate to set up conference, seminar firm in Australia, Asia
      352 2  -  By Schutz Lee A FORMER member of Singapore's legal service is setting up a conference and seminar company which aims to have offices in Melbourne, Singapore, London and other cities of Asia. David Gerald, a former magistrate, coroner and public
      352 words
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      233 words
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  • THE REGION
    • Article
      HK orders re-opening of inquiry into power station blast
      471 3  -  From Catherine Ong in HONGKONG HONGKONG has ordered the re-opening of an inquiry into last year's explosion at a power station following a press report alleging that crucial evidence has been suppressed by the company owned by China Light and Power
      471 words
    • Article
      Lock icon Jakarta forms team in bid to retain US GSP
      232 3 AFP JAKARTA Jakarta is setting up a special team in a bid to retain Indonesia's privileges in trade with the United States under the US Generalised System of Preferences (GSP) scheme. The daily Kompas yesterday quoted Trade Minister Satrio Budiarjo Yudono
      AFP  -  232 words
    • Article
      Lock icon Indonesia will punish smugglers of job seekers
      210 3 Bernama JAKARTA Indonesia will severely punish convicted smugglers of job seekers to Malaysia, the director-general of Manpower Development and Placement, Ismail Sumaryo lias warned. Brokers, manpower officials, shipowners and skippers proven guilty of smuggling job seekers overseas would be dealt with sternly, he
      Bernama  -  210 words
    • Article
      Ramos plans to negotiate for debt relief from US
      300 3  -  From Al Labita in MANILA PRESIDENT Fidel Ramos said yesterday he would negotiate for a debt relief from the United States when he goes there in November this year on an official visit. Addressing a news conference, Mr Ramos said the
      300 words
    • Article
      Lock icon Hanoi accuses critics of bid to oust govt
      148 3 AFP HANOI Vietnam has accused "reactionary" Vietnamese opponents in the west and Buddhist dissidents at home of exploiting religious issues in a bid to oust the communist government. "By accusing Vietnam of violating human rights, reactionary Vietnamese Buddhists, particularly in the US,
      AFP  -  148 words
    • ASIA NOTES
      • Article
        Lock icon Taiwanese banks cut prime rate
        96 3 AFP TAIPEI The state-run Bank of Taiwan (BOT) yesterday lowered its prime interest rate by 0.125 percentage point in line with a credit-easing move by the Central Bank of China. The BOT, the leading local commercial bank and dubbed the "small central bank", trimmed its
        AFP  -  96 words
      • Article
        Lock icon Plans to privatise Manila Hotel
        84 3 AFP MANILA The Philippine government hopes to privatise the Manila Hotel, US General Douglas Mac Arthur's former residence, by early next year, the government agency that owns the hotel said yesterday. Officials of the state pension agency Government Service Insurance System said it planned to
        AFP  -  84 words
      • Article
        Lock icon Australia to pay Nauru compensation
        77 3 AFP NAURU Australian Prime Minister Paul Keating will today sign an out of court deal with the central Pacific republic of Nauru to pay AS 107 million compensation for mining damage caused between 1914 and 1968. Speaking after a meeting yesterday with Nauru President Bernard
        AFP  -  77 words
      • Article
        Lock icon Indonesia, Australia plan joint exercise
        51 3 Reuter CANBERRA Six Indonesian and nine Australian warships will hold joint exercises next week, the Royal Australian Navy said yesterday. The 10-day exercise in naval warfare, called New Horizon, will involve more than 2.000 personnel off the northernmost Australian port of Darwin, the navy said.
        Reuter  -  51 words
    • Article
      Lock icon Aussie firm wins job to design pillars for Thai railway
      174 3 Reuter ADELAIDE An Australian firm has won a contract to design giant pillars to keep Bangkok's US$3.2 billion (555.2 billion) mass transit project from sinking into the mud. PKK Consultants said yesterday that it had designed special foundations for large
      Reuter  -  174 words
    • Article
      Lock icon China warns of widening farm-city income gap
      473 4 Reuter BEIJING China's farm minister warned of the widening wealth gap between the country's 900 million rural people and the 200 million city dwellers and said agriculture must be made more profitable and respected. "The biggest problem in China's agriculture is how it
      Reuter  -  473 words
    • Article
      Lock icon China plans crackdown on illegal textile exports
      179 4 Reuter BEIJING Chinese foreign trade minister Wu Yi pledged a harsher crackdown on illegal textile exports, saying widespread false labelling to evade US quotas was harming China's ties with the US. "China has been harmed by the illegal transhipments both on political and
      Reuter  -  179 words
    • Article
      Lock icon Dispute over ship creates new strains in US-China ties
      613 4 Chinese vessel approaching Iran, shadowed by US Navy NYT BEIJING In a dispute likely to create new strains between China and the US, Beijing accused Washington on Sunday of harassing a Chinese ship because of suspicions it is shipping chemical weapons
      NYT  -  613 words
    • Article, Illustration
      Lock icon Monorail passengers stranded at Korean expo
      229 4 AFP SEOUL Seventy people were stranded in the air for two hours as lightning knocked out the monorail at South Korea's Taejon Expo '93 over the weekend, exposition organisers said yesterday. Passengers were stuck on the train for two hours when lightning blew out
      AFP; Reuter  -  229 words
    • Article
      Lock icon More South Koreans smoking foreign brands
      165 4 AFP SEOUL Sales of foreign cigarettes jumped here in the first six months of the year although overall cigarette sales dropped for the first time in history, the finance ministry said yesterday. In the six months to June 147.246 million packets of foreign cigarettes
      AFP  -  165 words
    • Article
      Lock icon Taiwan aims to double output to US$320b
      167 4 AFP TAIPEI Taiwan is drafting an ambitious 10-year plan to upgrade the industrial sector and boost industrial output to US$32O billion (SSSI6 billion) by 2002, economics officials said yesterday. The plan aims to double the sector's production value which stood at U*****.9 billion
      AFP  -  167 words
    • Article
      Lock icon Pyongyang refuses to resume nuclear talks
      282 4 AFP SEOUL North Korea, demanding a halt to annual joint US-South Korean military exercises. yesterday rebuffed a Seoul proposal to resume interKorean nuclear talks today after a six-month freeze. "If the South side has the intention to resolve the nuclear problem through dialogue with
      AFP  -  282 words
    • Article, Illustration
      Lock icon Japan's new finance minister plans fresh economic package
      348 5 AFP TOKYO Japan's new finance minister Hirohisa Fujii said yesterday he planned to formulate a new type of pumppriming package to revive the economy, calling for a review of past packages focusing on public works. "Things aren't getting better with the traditional
      AFP  -  348 words
    • Article
      Lock icon New trade, industry minister well-versed in trade policy
      287 5 Reuter TOKYO Japan's new minister for international trade and industry, Hiroshi Kumagai, is wdl-versed in trade policy, having begun his career in the ministry in 1964. A member of the Japan Renewal Party (JRP), the 53-year-old Mr Kumagai studied at Harvard University
      Reuter  -  287 words
    • Article
      Lock icon Canberra to set up fund to help aborigines buy back land
      223 5 Reuter CANBERRA The Australian government plans to set up a fund to help aborigines buy back land lost to white settlers, Aboriginal AfTairs Minister Robert Tickner said yesterday. Using a landmark court case on native title as a springboard
      Reuter  -  223 words
    • Article
      Lock icon Australian job ads up 3.9pc in July: survey
      279 5 Bloomberg Business News CANBERRA An Australian survey shows the number of help-wanted advertisements in July rose a seasonally-adjusted 3.9 per cent from June. The number of ads in July was 1-8.8 per cent more than in the same month a year ago,
      Bloomberg Business News  -  279 words
    • Article
      Lock icon Rao urges Indians to draw inspiration from colonial struggle
      569 5 AFP NEW DELHI India brought the curtain down yesterday on year-long celebrations marking the 50th anniversary of the "Quit India" movement, the decisive final phase in the struggle for freedom from British rule. Prime Minister PV Narasimha Rao declared a national
      AFP  -  569 words
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      100 3 •O ?r BL f* ..r |Pv- .Vr;,-v MP FOR THROWING -*> v > ■> .i* Sv.. i lif'-'i i. > B§g THEMSELVES Bft?THEIR WORKlfi^Sii v j '-V s** An SM Motors employee has a unique heritage: Volvo's own commitment to customer service That usually means bending over backwards in some
      100 words
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      138 words
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      274 5 Why shouldn't travelling through the airport be as relaxing as travelling through the air? Hk. ■F JQ V v j BF d ftk F .A S»*^''' «i *|lj|g!^ fe A_-W t k You've packed every chart cabin. Funny that, because now at There you can settle down and and document
      274 words
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  • REGIONAL FOCUS
    • Article, Illustration
      India's dam of contention
      1201 6  -  Protests against Narmada valley project From Yogi Aggarwal in BOMBAY A DRAMATIC protest leading to a jal samarpan (suicide by drowning) against the Sadar Sarovar dam on the Narmada river in central India was called off last week after assurances from the government that it will
      1,201 words
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      Page 6 Advertisements Column 1
      147 6 coneoirse business tower MOVE STRAIGHT TO "fgS J THE CONCOURSE laHfißESb And you can gain A prestigious address at affordable rent Spectacular 5-storey office lobby atrium Panoramic views of the city and the sea Large floor plates for design flexibility Top of the range recreational facilities luWifefrr include a Golf
      147 words
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      Page 6 Advertisements Column 2
      562 6 VENTURE MANUFACTURING (SINGAPORE) LTD (Incorporated in the Republic of Singapore) HALF YEARLY REPORT ON CONSOLIDATED RESULTS FOR THE SIX (6) MONTHS ENDED 90 JUNE 1993. THESE FIGURES HAVE NOT BEEN AUDITED. The Directors of the Company am pleased id announce the unaudted results of ihe Group and of the Company
      562 words
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  • THE WORLD
    • Article
      Lock icon UK central bank ahead of schedule in funding govt deficit
      433 7 Bloomberg Business News LONDON Need a quick US$7O billion (SSI 12 billion)? No problem if you're the Bank of England. Britain's central bank is running well ahead of schedule in funding the government's massive budget deficit this year, thanks to
      Bloomberg Business News  -  433 words
    • Article, Illustration
      Lock icon Queueing for a smoke
      43 7 Reuter BELGRADE Belgraders waiting in line to buy cigarettes in the Yugoslav capital on Saturday. A pack of imported Marlboro cigarettes costs more than 80,000,000 dinars (552.80), the equivalent of two or three days' wages at current levels. Renter
      Reuter  -  43 words
    • Article
      Lock icon Iran's president reshuffles Cabinet amid conservative pressure
      314 7 AFP TEHERAN Bowing to intense pressure from conservatives to curb his free market reforms, Iranian President Ali Akbar Hashemi Rafsanjani presented a major Cabinet reshuffle to Parliament on Sunday. Mr Rafsanjani, who was swom in by Parliament for a second four-year term last
      AFP  -  314 words
    • Article
      Lock icon New tax rules under US Bill likely to boost property values
      377 7 Knight-Ridder WASHINGTON A relatively obscure provision in the deficit-reduction legislation approved by Congress last Friday may help shore up faltering real estate values, but it will not be enough to trigger a new surge in building activity, real estate
      Knight-Ridder  -  377 words
    • Article
      Lock icon Moscow slammed for forcing ex-republics into closer relations
      301 7 AP MOSCOW Kazakhstan's president has condemned a growing Russian effort to force former Soviet republics into closer relations with Moscow, saying the all-or-nothing attitude would backfire. President Nursultan Nazarbayev, whose resource-rich country bridges Russia and Central Asia, made the comment on Sunday,
      AP  -  301 words
    • WORLD WATCH
      • Article
        Lock icon Quayle to run financial services firm
        145 7 NYT INDIANAPOLIS Former US Vice-President Dan Quayle says he plans to head an Indianapolis-based financial services company while considering whether to run for president in 1996. In an interview published on Sunday in the Indianapolis Star, which is owned by the Quayle family, Mr
        NYT  -  145 words
      • Article
        Lock icon Pope's Jamaica visit a follow through
        141 7 AP KINGSTON, Jamaica Pope John Paul IPs visit to this Caribbean nation is intended to follow through with his apology last year for Roman Catholicism's role in supporting slavery and New World colonisation. But some hostility to the three-day visit which began yesterday has
        AP  -  141 words
      • Article
        Lock icon 99 die in Venezuelan storm
        110 7 AP CARACAS, Venezuela Venezuelans were in mourning yesterday as they began clearing mud and debris from their homes following a devastating tropical storm that killed at least 99 people and left thousands homeless. Tropical Storm Bret was moving west toward Colombia at about 37 kph
        AP  -  110 words
      • Article
        Lock icon UN, US pledge action for Somali attack
        121 7 AP MOGADISHU, Somalia The United Nations and the United States pledged to take action against whoever was responsible for the deaths of four US soldiers killed when their vehicle hit a land mine. The ambush on Sunday was the deadliest encounter for American
        AP  -  121 words
    • Article
      Lock icon New ERM bands discourage speculation, says Bundesbank
      473 8 Reuter ZERMATT, Switzerland Bundesbank board member Otmar Issing said on Sunday the new, wide fluctuation bands in the European Exchange Rate Mechanism (ERM) would help discourage speculators from attacking weak currencies. "The risk for speculators has become much larger," Mr Issing told an
      Reuter  -  473 words
    • Article, Illustration
      Lock icon Clinton to propose new budget cuts
      273 8 Bloomberg Business News WASHINGTON The budget battle that President Bill Clinton has won narrowly may have to be refought this autumn when the White House proposes new cuts in government spending, administration ofllcials said on Sunday. Mr Clinton will propose new cuts in spending
      Bloomberg Business News; Reuter  -  273 words
    • Article
      Lock icon Virgin Stores flouts Sunday trading ban
      512 8 Reuter PARIS Virgin Stores, engaged in a war of nerves over Sunday trading, cocked a snook at the French authorities on Sunday by opening the doors of its flagship ChampsElysees store and taking its cause to the people. "The Sunday ban well take it
      Reuter  -  512 words
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      351 7 Beyond Visionary Leadership f jT/ 13 14 September 1993 Raffles Hotel, Singapore 16&l7Seplember1993«Regent Hotel, Kuela Lumpur Joshua Owen An Internationally Renowned Visionary Leader As we near the 21st Century, the globally competitive business Management a greater ability to provide a vision to meet the challenges and increasing competition ahead H
      351 words
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      215 7 kJiM* I S. Hf I v KflQI r 1 W-m B, k Vj W f*i 1 ■I^M -iwgj vHHHHH Like Taiwan, We Know How to Take Care of Business Taiwan has emerged as one of the world's foremost enjoy the extra leg room. Then, choose from economic players With this
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  • COMPANIES & MARKETS
    • Article
      Venture capital group aims to double fund size by year-end
      457 9  -  OCBC, Wearnes and Walden Investments to invest at faster rate By Helen Chang VENTURE capital group OCBC, Wearnes and Walden Investments (S) Ltd (OWW) plans to nearly double its total fund size by year's end. while speeding up its investment
      457 words
    • Article, Illustration
      Lock icon Kedah Cement to build new plant to meet growing demand
      426 9 Bernama KUALA LUMPUR Kedah Cement Holdings Berhad plans to set up a new cement plant, which can produce 1.8 million metric tonnes per annum, as part of its expansion project, chairman Jamil Mohd Jan said. The plant, located alongside the
      Bernama  -  426 words
    • Article
      Lock icon East Asiatic pre-tax earnings rise 5.4pc
      262 9 Bernama KUALA LUMPUR East Asiatic Company (Malaysia) Berhad has reported a group pre-tax profit of M 522.44 million (5514.1 million) for the six months ended June 30, up 5.4 per cent from M 521.29 million in the previous corresponding period. Announcing its unaudited results
      Bernama  -  262 words
    • Article
      European stocks look more attractive as ERM collapse removes uncertainty
      711 9  -  HOCK LOCK SIEW By S N Vasuki SINGAPORE Asian stock markets, if one is to believe newspaper reports in the region, have emerged as major beneficiaries from the turmoil in the European currency markets. The virtual collapse of the Exchange
      711 words
    • Article
      Lock icon Lion group plans to make financial services a core business
      442 9 Bernama KUALA LUMPUR Lion Corporation Berhad intends to make the financial sector a core business when Amalgamated Steel Mills Bhd. under the Lion group, acquires 32.9 per cent of Malaysia British Assurance Bhd. Lion Corp's executive director Tan Onn Poh
      Bernama  -  442 words
    • Article
      Lock icon Metrojaya plans to go into hotel industry overseas with Ming Court
      379 9 MBT KUALA LUMPUR Metrojaya has plans to go into the hotel industry overseas together with Ming Court hotels, which it has proposed to acquire. The group has identified several premises in the US and the United Kingdom. According to
      MBT  -  379 words
    • Article, Illustration
      Lock icon SUMMARY
      321 9 Source: Bridge Info Performance of STII's Index stocks Aug 6 Last Vim Ia4ex Stock vale Chfe factor i ao»m <S) (V) Avimo i 870 -0.010 1.41 -1.47 CAC 7 350 5.56 C'cttbos 6 ISO 0 200 465 29 41 FAN 13 600 0 200 10.28 29.41 OF Aua 3200
      Source: Bridge Info  -  321 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          PSC gets nod for bond, warrant issue
          48 10 SINGAPORE Provisions Suppliers Corporation Ltd has got the go-ahead for its $250 million bond and warrant issue. PSC plans to issue 22 million detachable warrants together with its 3.5 per cent bond issue on a one-for-four basis at 25 cents each.
          48 words
        • Article
          Lock icon Leader Universal profit up 50pc
          66 10 Bernama KUALA LUMPUR Leader Universal Holdings Berhad recorded a group pre-tax profit of M 566.08 million (5541.7 million) for the six months ended June 30, 1993, up 50.6 per cent over the M 543.87 million registered previously. Releasing its unaudited results here yesterday, it said
          Bernama  -  66 words
        • Article
          Lock icon Berjuntai in the dark
          82 10 Bernama KUALA LUMPUR Berjuntai Tin Dredging Bhd told the Kuala Lumpur Stock Exchange it was unaware of any rumour or other conditions that caused or accounted for the unusual action of its shares on the stock market. Replying yesterday to a KLSE query into the unusual
          Bernama  -  82 words
        • Article
          Lock icon Kemayan Oil Palm's special issue
          94 10 MBT KUALA LUMPUR Kemayan Oil Palm Bhd has announced a special issue of 60 million 50-sen shares to bumiputras at 80 sen a share, as well as an employees' share option scheme. The company said over the weekend that the special issue was to maintain
          MBT  -  94 words
        • Article
          Lock icon Mentiga plans to buy timber firm
          47 10 Bernama KUALA LUMPUR Mentiga Corporation Bhd yesterday entered into a conditional sale and purchase agreement with its main shareholder. Amanah Saham Pahang Bhd, for the acquisition of a timber-based company, Lesong Forest Products Sdn Bhd, for MS 12 million cash. Bernama
          Bernama  -  47 words
        • Article
          Lock icon Sanyo gets nod for bonus, rights issues
          89 10 MBT KUALA LUMPUR Sanyo Industries (Malaysia) Bhd has got the Malaysian Securities Commission's permission to issue 2.38 million new bonus shares on a one-for-five basis as well as 5.94 million new rights shares on a one-for-two basis. But the Commission has stipulated that
          MBT  -  89 words
        • Article
          Lock icon Time Engineering's proposal rejected
          82 10 MBT KUALA LUMPUR The Malaysian Securities Commission has rejected Time Engineering Bhd's proposal to buy the entire capital of Modcomp IT Sdn Bhd and Gelombang Udara Sdn Bhd as well as 68.18 per cent of World Trade Facilitation Sdn Bhd. The purchases would have involved the
          MBT  -  82 words
      • Article, Illustration
        Lock icon M'sian bull market expected to hit new highs this year
        676 10 Sound economic factors and a juicy political drama cited as reasons Reuter KUALA LUMPUR Malaysia's raging bull market will likely break through new barriers this year propelled by sound economic factors, good corporate results and a juicy political drama, analysts
        Reuter  -  676 words
      • Article
        Lock icon China's Stone Electronic issue subscribed 42 times
        261 10 Bloomberg Business News HONGKONG Stone Electronic Technologv. a subsidiary of China's largest private enterprise, said its initial public offer of shares was oversubscribed by about 41 times. The company, said in a statement it received 2,711 valid application forms for 5.64 billion shares
        Bloomberg Business News  -  261 words
      • Article
        Lock icon Shanghai Petrochem to sell 550m 'A' shares
        265 10 Bloomberg Business News HONGKONG Shanghai Petrochemical, the largest of the four Chinese state-run companies to list on the Hongkong stock exchange, said it is selling 550 million 'A' shares in China at three yuan each. The price is lower than the 3.18 yuan
        Bloomberg Business News  -  265 words
      • Article
        Lock icon BHP's new venture to supply quality steel to Indonesia
        276 10 AFP MELBOURNE Australia's largest company, BHP Co Ltd, said here yesterday a new AS7S million (SsB2 million) steel processing joint venture will allow it to supply highquality steel to Indonesia. The joint venture, to produce metallic coating and paint lines, will
        AFP  -  276 words
      • Article
        Lock icon A$300m wiped off CSR's market cap after US court's asbestos ruling
        490 10 Reuter SYDNEY A US court ruling against Australian building products and sugar group CSR last week could open the floodgates for more asbestos-related litigation and further depress CSR's share price, analysts said. CSR shares tumbled 35 cents to A
        Reuter  -  490 words
      • Article
        Lock icon Hang Seng should hit 9,500 by end-1994: broker
        346 10 Bloomberg Business News HONGKONG The Hang Seng index of top stocks should be able to reach 8.000 by the end of this year and 9.500 by the end of next year. Peregrine Brokerage said. In a bullish report issued to clients just
        Bloomberg Business News  -  346 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar futures end steady
        1254 11 SIMEX REPORT Reuter SINGAPORE Simex interest rate futures contracts ended steady to marginally firmer after a day of light, uneventful trade, with the National Day public holiday in Singapore capping market activity. Eurodollar interest rate futures barely budged from late Friday Chicago levels after initially firming
        Reuter  -  1,254 words
      • Article
        Lock icon New York
        97 11 AFP NEW YORK The dollar was mixed in New York yesterday in a very quiet market, falling against the German mark but gaining ground against the Japanese currency, while gold soared more than US$4. The dollar was trading at 1.6950 marks against 1.6970 last Friday and at 104.75
        AFP  -  97 words
      • Article
        Lock icon London
        149 11 Currency Reports UPI LONDON The German mark strengthened in quiet European trading yesterday while the French franc slipped with traders taking the view the French central bank's need to replace its mark reserves would cap the currency. The franc dipped on news that the French central bank eased its
        UPI  -  149 words
      • Article
        Tin slips back to near record low
        266 11 COMMODITY REPORTS Tin TIN failed to maintain recent steadiness and slipped back to near last week's fresh record low, bogged down by high stocks and a lower LME. Dealers said the metal finished at MS 12.31 a kg. down 29 cents from Friday,
        266 words
      • Article
        Prices up on hope Opec will tackle oversupply
        207 11 Bloomberg ENERGY REPORT LONDON Crude oil futures rose yesterday on hopes Opec will try to address the group's overproduction and increased demand for US refined products, brokers said. Traders said Opec President Jean Ping may attend Opec's next compliance meeting, raising expectations
        207 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Indon crude may go into storage
          114 11 TOKYO The current lack of demand for heavy, low-sulfur crude oil may force Japanese trading companies to put Indonesian crude into storage instead of selling it on the spot market, trading house sources here said. A source at one of the Japanese trading companies
          114 words
        • Article
          China's aluminium demand to surge
          69 11 TOKYO China's 1993 aluminium consumption is expected to reach an all-time high of more than 1.2 million tonnes, according to a report from the consulting division of China National Nonferrous Metals Import and Export Corp (CNIEC). The strong demand growth is attributed to increased usage
          69 words
        • Article
          Zinc producers focus on Taiwan
          78 11 TOKYO With demand for spot zinc fairly thin in most parts of Asia, producers say they are focusing marketing efforts on import Taiwan's burgeoning galvanising industry. Late last month Taiwan Galvanising Co inaugurated operations at a new plant near Taipei. The plant's capacity is 7,000
          78 words
        • Article
          Cut in aluminium scrap price sought
          88 11 TOKYO Japan's secondary aluminum alloy ingot makers will seek a cut in the purchase price of aluminium scrap sometime later this month, sources here said. "Our operations remain unprofitable." said a producer source. "We will need to bring it (scrap prices) down to reasonable
          88 words
    • Article
      COMMODITY PRICES
      1652 11 Rubber RAS Commodity Exchange (futi irtt doting as at lpni) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 93 134 50 134 50 134 25 150 3.125 Oct ***** 134.75 134.75 475 5.825 Nov 135.50 135.25 135.25 1225 5.950 Dcc 136
      1,652 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1212 12 +2.1 The Australian share market crawled off its lows to close marginally higher yesterday, after gold bullion prices improved offshore and some key stocks moved up. The All Ordinaries Index ended 2.1 points up at 1,844.3. Gold jumped about USS3 to USS3BO an ounce after a USS2O slide late
        1,212 words
      • Article
        Manila
        578 12 -28.18 Philippine share prices closed shaiply lower at the start of an anticipated consolidation and blue chips were sidelined by the listing of a new stock. Market leader Philippine Long Distance Telephone Co dropped 10 pesos to 1,085. Newly-listed J G Summit Holdings closed at six pesos from a
        578 words
      • Article
        Taipei
        576 12 +66.09 Stocks closed higher but profittaking with the index above 4,100 pulled prices off their peak. But brokers said market sentiment had improved since last week and the index could move higher this week. The weighted index ended 66.09 points up at 4,092.73, off its peak of 4,109.10. Turnover
        576 words
      • Article
        Seoul
        366 12 -7.29 The stock market closed lower for the third consecutive session in lethargic trade with across the board retreats, brokers said. The Composite Index closed 7.29 points lower at 709.59. The brokers expect a mild technical rebound today but said it would be short-lived. "Customer deposits continued to slip
        366 words
      • Article
        New Zealand
        260 12 +7.64 An eight cent gain in Telecom to a record NZ$4.lO took New Zealand shares up to their highest closing level since mid-July 1990. Telecom aside, most leaders were steady to weaker but smaller issues showed respectable gains. Turnover, worth NZ$4O.l million, was high for a Monday but
        260 words
    • WORLD STOCK MARKETS
      • Article
        London
        704 12 16.6 Shares ended yesterday firmer with the FTSE 100 Index marching into uncharted territory after breaching its previous all time high. The FTSE breached the previous intra-day high of 2,980.9, set on March 9 in early trading. Prices then slipped back, before a rally on Wall Street and FTSE
        704 words
      • Article
        Paris
        147 12 -11.31 French stocks closed lower as the Bank of France's reluctance to slash interest rates spurred investors to book profits, traders said. The CAC-40 Index of blue chip French stocks closed at 2,138.52, down 11.31 points, or 0.53 per cent, on the session. At the end of last week,
        147 words
      • Article
        Stockholm
        109 12 +o.4pc After a limp opening, Swedish shares pulled themselves up in late trade to close higher in strong turnover. The blue chip dominated top-16 index was up 0.97 per cent at 1,313.55 and the all-share index closed at 1,238.39, up 0.4 per cent. The OMX-index, which carries a futures
        109 words
      • Article
        Frankfurt
        216 12 +2.92 German shares were slightly firmer at the end of a day of narrow range-trad- ing, lacking any major mar-ket-moving news to propel the DAX 30 significantly higher. Despite that, the DAX Index ended at a 1993 closing high of 1,872.30, up 2.92 points from last Friday's close when
        216 words
      • Article
        Milan
        143 12 19 Italian stocks ended at a year's high as a few selected stocks pulled the rest of the market higher, traders said. Traders said there was little news to drive trading, but investors bought amounts of SIP SpA, Fiat SpA, Assicurazioni Generali SpA, and Ing C Olivetti SpA. The
        143 words
      • Article
        Amsterdam
        262 12 1.55 Dutch stocks closed at an all-time high as investors flocked to buy food stocks seen as a safe investment amid economic woes, traders said. The EOE Index of the 24 leading Dutch stocks closed up 1.55 point at 342.35 points. Its last high was achieved on Aug 3
        262 words
      • Article
        Zurich
        206 12 -2.83 Profit-taking in banks, insurers and some of cyclical shares that were strong recently drove the market slightly lower on balance. The all-share SPI Index stood 2.83 points lower at 1,538.88. Zurich \nf 9 France *f/• \luvtmse Bt 562 -3 Bro»n Boxer: Br 961 -3 (S Holding Br r<*0
        206 words
      • Article
        Johannesburg
        295 12 +8 Gold shares were off their earlier highs in afternoon trade in line with a slight retraction in the gold price as nervous investors awaited fresh direction from bullion. Dealers said the market remained nervous about gold's prospects following the recent sharp slide. The gold index was 42 points
        295 words
      • Article
        Toronto
        244 12 +27.1 The Toronto Stock Exchange opened higher in morning trading yesterday due mostly to recovering gold stocks, dealers said. "We're getting our bounce in gold," one trader said. Comex bullion opened at U*****.60/ US$3Bl.OO an ounce yesterday morning, from US$37O an ounce last Friday. The TSE 300 Composite Index
        244 words
      • Article
        New York
        849 12 +22.08 Blue-chip stocks climbed into record territory yesterday, spurred by optimism that the budget-deficit reduction deal passed last Friday by Congress will keep interest rates low. The Nasdaq Index also edged up to a new high. The Dow Jones Industrial Average was up 22.08 points to 3,582.51 at
        849 words
      • Article
        Untitled
        814 12 Britannia Funds sterling Cash Bid Offer Wim C ap rVpoal <* MOO W *SJ0 Mim Jenes Cm* 0 IM3 0 l*»2 Mim Mas Income I 0400 I Una) LSS C ash Income Ptu\ Fund 'HU.W *IOt*lU PS t Reserve Fund 5 2100 5 2200 sterling LfM) Euro Performance 0 4W
        814 words
    • Article, Illustration
      Lock icon HONGKONG
      2924 13 Reuter HONGKONG Shares closed slightly lower as profit-taking erased strong early gains from overseas buying yesterday, brokers said. The blue chip Hang Seng Index fell 14.55 points to 7,382.22 after having surged 101 points in early trade. Turnover shrank to HKS4.4I billion from last Friday's HKSS.OB billion. "Index futures
      Reuter; Source: Bridge Info  -  2,924 words
    • Article, Illustration
      CHINA
      502 13 SHARE prices closed higher on both the Shanghai and Shenzhen A and B markets yesterday. The rally was due mainly to the announcement of some good corporate results. The CLSA Shanghai A Index gained 173.4 points to 5,453.9 while the B Index ended 19.8 points higher on active trading.
      502 words
    • Article, Illustration
      Lock icon TOKYO
      2505 13 Reuter TOKYO Stocks ended moderately higher in light trade yesterday. People were hopeful about the coalition government after Prime Minister Morihiro Hosokawa announced the new Cabinet line-up and expectations of a rate cut supported sentiment, but profit-taking capped the topside, brokers said. "Many fund managers are on vacation and
      Reuter; Source: Bridge Info  -  2,505 words
    • Article, Illustration
      Lock icon BANGKOK
      1836 13 Reuter BANGKOK Stocks ended mostly lower yesterday on what brokers said was overdue profit-taking after the market had rallied more than 70 points in the past eight sessions. "The expected profit-tak-ing served as a healthy relief valve after two weeks of nonstop buying. This would consolidate the market for
      Reuter; Source: Bridge Info  -  1,836 words
    • Article, Illustration
      Lock icon JAKARTA
      728 13 Reuter JAKARTA Share prices closed higher in moderate afternoon trade yesterday, dealers said. The official index climbed 1.92 points to 364.53. Listing of Ganda Wangsa Utama. the shoe manufacturer, was postponed to this Friday because of administration problems but it went ahead on the Surabaya Stock Exchange, where it
      Reuter; Source: Bridge Info  -  728 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2697 14 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume M 81" Capital 18.287 000 Idris Hvd 50c 14 201 000 FACB 50c 12.693 000 Kcnong BhJ MX 12.311 000 kamunting 50c 7.812.000 Promci 7J72.000 Pub Bk Foreign 7.110 000 Mulpha (nil 50c 6.869 000 Muhi-Purpov 6.354.000 Pegi Msia
      Source: Bridge Info  -  2,697 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index up slightly but broad market slides
        5571 14 Bernama KUALA LUMPUR Share prices here closed mixed in moderate trading activity yesterday. Prices had fluctuated from the start with selling alternating with buying activity by investors who moved in for bargains after last Friday's consolidation. Institutional players who were quiet in the
        Bernama; Source: Bridge Info  -  5,571 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      111 9 x €B€ L Voyager. The first automatic watch with a synchronized bezel that continually displays time in major cities of the world's 24 time zones. High-frequency mechanical movement. Extended idle f power-reserve. Rapid self-winding -A > mechanism. (28'800 vibrations/hour). Three-piece case water-resistant to 30 metres. Available with metal, hand- -c
      111 words
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      Page 10 Advertisements Column 1
      774 10 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Ang Chor Suan of 90 Trevose Crescent, Singapore 1129, have applied for a First Gass Beer House Licence in respect of premises at M/s Sizzler Steak Seafood Salad (S) Pte Ltd at 9 Bishan
      774 words
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      Page 10 Advertisements Column 2
      55 10 Last year, fierce competition forced s y stems at sens *ble prices: ALR. a leading PC manufacturer to slash out more about the computer prices by as much as forty VJ company even the big boys are One company led the drive for reacting to. Fax now quality personal computers
      55 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      272 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Ang Chwee Lian of 102 Clover Avenue, Singapore 2057, have applied for a Beer House First Class Licence in respect of premises at M/s Kosma Food Court Pte Ltd at 1189 Upper
      272 words
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      Page 11 Advertisements Column 2
      37 11 As and when the latest Ixmdon Rotterdam prices are not available, the previous trading day's closing figures are carried instead 2T7^H|H| 737-1166 Business heats up AiV when you make the call and place an CA.T.S. ad. 737-1166
      37 words
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      Page 12 Advertisements Column 1
      27 12 The Bombay Stock Exchange was closed for a public holiday yesterday. PORT SHOTS The 3teSt 10 S6a anC anC tranS X>rtat on V 1 y>MNUAWItIIf Business Times
      27 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      109 14 Clob International was closed yesterday for the National Day holiday. Data published here are for the week ended Aug 6. A SURE-WIN INVESTMENT AT LOSING WEIGHT ssssA|fß ttlH Ai Make an investment that's so profitable, you've got |ffi| HI H|m||m nVTnnnßn everything to gain and nothing to lose. Except your
      109 words
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  • SPORTS
    • Article, Illustration
      Asian golfers not ready to meet Australians on par
      667 15  -  Golf From Shahiron Sahari in KUALA LUMPUR ONE of the main conclusions at the 16th Asia-Pacific Amateur Team Championship which ended here on Sunday at the Royal Selangor Golf Club must be that Asians can compete, ability-wise, with those from Down
      667 words
    • Article
      Lock icon Mize takes Buick Open by one stroke
      432 15 Reuter, AFP GRAND BLANC, Michigan Former Masters champion Larry Mize quickly overcame a four-shot deficit before hanging on for a tight one-stroke victory over Fuzzy Zoeller at the US$l million (S$ 1.61 million) Buick Open on Sunday. Mize sank a 2 m par-saving
      Reuter,; AFP  -  432 words
    • Article, Illustration
      Lock icon A right royal dunking
      33 15 Reuter A LAI A DE MALLORCA, Spun King Juan Carlos of Spun being thrown into a swimming pool after winning the King's Cup yacht race here on Sunday. Reuter
      Reuter  -  33 words
    • Article
      Lock icon Krajicek overpowers Chang in Volvo Classic
      284 15 Reuter LOS ANGELES Fourth seed Richard Krajicek of the Netherlands dropped the first seven games to third seed Michael Chang on Sunday, then roared back to win the US$3OO,OOO (*****,000) Volvo Tennis Classic for the second consecutive year. Krajicek used his power game to
      Reuter  -  284 words
    • Article
      Lock icon Graf clinches 75 th career title at Carlsbad
      296 15 Reuter CARLSBAD, California Top seed Steffi Graf shook off a slow start on Sunday to beat second seed Arantxa Sanchez Vicario 6-4, 4-6. 6-1 at the U*****,000 (*****,750) Mazda Tennis Classic and notch up the 75th title of her career. The German
      Reuter  -  296 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Athletics
        55 15 Reuter LONDON Veteran British discus thrower Peter Gordon has been banned for four years for a drug offence. The British Athletic Federation said yesterday that Gordon, 42, had failed to submit to a dope test at the national championships in June. Gordon, ranked second in Britain, has 21 days
        Reuter  -  55 words
      • Article, Illustration
        Lock icon Baseball
        82 15 Reuter NEW YORK Results of Major League games, Sunday. National League: Atlanta 3 Montreal 2; Pittsburgh 3 New York 2; Chicago 2 St Louis 1; Cincinnati 8 Los Angeles 5; Colorado 5 San Diego 2; Houston 4 San Francisco 1; Florida 6 Philadelphia 5. American League: Baltimore 7 Cleveland
        Reuter  -  82 words
      • Article, Illustration
        Lock icon Golf
        194 15 AFP Reuter GRAND BLANC, Michigan Final scores of the USSI million Bukk Open, Sunday: (US unless stateb) 272 Larry Mize 64 69 71 68 273 Fuzzy Zoeller 69 65 66 73 274 Greg Norman (Aust) 68 73 68 65 276 Jay Don Blake 69 71 67 69, Corey Pavin
        AFP; Reuter  -  194 words
      • Article, Illustration
        Lock icon Indy racing
        200 15 Reuter LOLDON, New Hampshire Nigel Mansell gave himself a magnificent birthday present on Sunday when he celebrated his 40th with another impressive oval track victory in a thrilling New England 200 Indycar race at the New Hampshire International Speedway. The Briton, who started from pole in his Lola-Ford
        Reuter  -  200 words
      • Article, Illustration
        Lock icon Soccer
        97 15 Reuter LA PAZ, Bolivia Two weeks after becoming the first team ever to beat Brazil in a World Cup qualifier, Bolivia produced another shock on Sunday with a 3-1 victory over Uruguay. Uruguay, despite boasting the world-class frontline of Ruben Sosa, Enzo Francescoli and Daniel Fonseca. were outclassed as
        Reuter  -  97 words
      • Article, Illustration
        Lock icon Swimming
        97 15 AFP SHEFFIELD, England Germany's Franziska van Almsick (above) claimed a sixth gold medal on Sunday to become the most successful female competitor in the history of the European Swimming Championships. Van Almsick, 15, collected her fifth gold medal in Saturday's 4xloom medley relay. She then set a personal be
        AFP  -  97 words
      • Article, Illustration
        Lock icon Tennis
        48 15 AP AP LOS ANGELES Final result of the LS$3OO,OOO Volvo Classic, Sunday: Richard Krajicek (Neth) b Michael Chang (US) 0-6. 7-6 (7-3). 7-6 (7-5). AP CARLSBAD, California Final result of the U*****,000 Mazda Classic, Sunday: Steffi Graf (Ger) b Arantxa Sanchez Vicario (Spn) 6-4, 4-6. 6-1. AP
        AP  -  48 words
  • Page 15 Advertisements
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      984 15 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. SO FOCAL WOODWORK (S) PTE LTD (Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY given that pursuant to Section 306 oI the Companies Act. Cap. 50, the FINAL MEETING of the members of
      984 words
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      Page 15 Advertisements Column 2
      206 15 In the Matt* of THE COMPANIES ACT, CAP. 50 And In the matter of TONO ANN REALTY PTE LTD NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act (Cap. 50) that the Final Meeting of Members of the abovenamed Company will be held at the office of
      206 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      666 16 SS Nothing Beats A Bud. ftaafl or -%*V' f >. r Taiwan VEGETARIAN FOOD From 10 August (for 2 weeks), Tien Court Restaurant introduces Taiwan Vegetarian Food. You have 25 items to choose from the ala carte menu or two set menus at $368++ and $428++. Food vouchers from $30
      666 words
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      Page 16 Advertisements Column 2
      240 16 WHERE TO WINE, DINE AND ENTERTAIN fUjjgggf Com on *>—" K> Sot and cftocfc d«OM mtc. Kaeer Hon -V* No cow ctarj» H»» tar ri MB*f< and boor Man Sot On upn'il. ho 7pm to Un» UVFWWf- *0 hoooot land ft*yi Toy 40 and rock tan tram v* PLA^HOTEL s<pr
      240 words
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      Page 16 Advertisements Column 3
      269 16 Fancy Beijing? Then, we're delighted to suggest the Pine Court for a memorable dining experience, Try our Beijing specialities such as v Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of Beijing dian xin. —.l.jj To add to your enjoyment, y|||Q all these are well within your
      269 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Fighting art theft bit by byte
      1128 17  -  Can computers stop that stealthiest of criminals, the art thief? Charles J Hanley reports Charles J Hanley AP IT WAS the kind of stormy night they wanted, gloomy and dim, worthy of a Rembrandt canvas. They went to work among the fragrant seaside pines,
      AP  -  1,128 words
    • Article, Illustration
      Lock icon Buckingham Palace limits visitors
      632 17 CHATTERBOX Reuter AP AP AP AP AP AFTER OPENING Queen Elizabeth's London home to the public this weekend. Buckingham Palace officials will limit the number of sightseers allowed in. A palace spokesman said on Sunday that the number of tickets on sale would in future be
      Reuter; AP  -  632 words
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      82 17 JP^ I COME IN FOR A FULL BREAKFASTS GET A COPY OF P I THE BUSINESS TIMES FREE AT THE FOLLOWING OUILEIS j J CUCHAJU) TOWUtS OtCHAJtD POWT ttOUAND VILLAGE SHAW gffHl II I h tin■ lore >tory »>/ /<>//>' I.< V(>jL'(> >//<> ■by the bnllunt < .oh (.hoo S
      82 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      1295 17 TV RADIO Wildflower, 10.30pm, SBC 5 her brother Sammy locked a shed. Epileptic her abusive parents ignore The siblings "adopt" to the girl some joys. Diane Keaton directs Beau V* Patricia Arquette. w WB Cars: Red and Sexy, B.oopm, sac 12 1 Some B. xw/" en Italy the of being
      1,295 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Is private property getting out of reach?
      1732 18  -  Lilian Ng examines the rush for residential property despite the upswing in prices Lilian Ng THE way Singaporeans are queuing up with their chequebooks for residential property worth anything from 5500,000 to more than $1 million, it may be moot to wonder whether
      1,732 words
    • Article
      PROPERTY WATCH
      397 19 Selected ERA transactions in the past week transaction* j Cgiy** T«nur» (8 g te Slpf PRIVATE Aug 4,1993 0316 1 YongSiakSt Apt 825 99 160,000 194 Aug 6, J 993 0512 Faber Hills Apt a 1850 T FH 625,000 t 338 Aug 2,1993 I 0821 Hertford Rd Apt
      397 words
    • Article
      Temasek and Viet firm tie up to bid for construction jobs
      387 19  -  Harish Mehta reports from Hanoi on the joint venture between Temasek Holdings subsidiary, Construction Technology, and a Vietnamese state-owned firm Harish Mehta A TEMASEK Holdings subsidiary. Construction Technology Pte Ltd whose first project to build a hotel in Ho
      387 words
    • Article
      Lock icon Number of property deals in M'sia falls
      335 19 Bernama A TOTAL of 92,214 property transactions valued at MS 11.462 billion (557.22 billion) was referred to the Valuation and Property Services Department for adjudication for stamp duty during the first six months of this year. This compares with 93,525 transactions valued at
      Bernama  -  335 words
    • REGIONAL SKYLINE
      • Article
        Lock icon Retirement homes in China?
        61 19 South China Morning Post. HONGKONG Apart from investment and holiday purposes, Hongkong workers are also buying property in China for their retirement. Many Hongkongers bdieve property prices in the colony will be out of their reach when they stop earning money. They are looking to a
        South China Morning Post.  -  61 words
      • Article
        Lock icon More Japanese firms in HK
        84 19 South China Morning Post HONGKONG More Japanese securities and broking firms could set up regional operations in Hongkong despite its rising commercial rents. To tap the long-term strength of China's economy, these firms concentrate on providing project finance for infrastructure and other businesses on mainland
        South China Morning Post  -  84 words
      • Article
        Lock icon HK's 70pc mortgage ceiling not working
        70 19 South China Morning Post. HONGKONG Hongkong's controversial 70 per cent mortgage ceiling implemented to curb surging price rises is in danger of doing the opposite. According to some property consultants, the ceiling is causing more speculators to move into the sector instead of >ut,
        South China Morning Post.  -  70 words
  • Page 18 Advertisements
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      362 18 W Diverse features focused On One Point, Sophisticated Technology. Samsung creates new value from advanced memory technology. awt 3»x lannso aoxmy sokbtt nmciia mux iaonso aowaaop 1M BfT KkCOCXKX 98«E3 I2K X 8 120T150 2BOW32aP*32SO«32PLCC 2w«r «oxznxscßci MM 8 I 10QM20 I 3?O<PI3?SO#>MOC* > j 12BK X It <STBt BHHK
      362 words
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      47 19 Make YOUR Employee Search FRUITFUL Advertise in The Straits Tinies APPOINTMENTS 0U Can C r S^'F^S to excellence distinguished statesmen, royalty [Hjlß] become the «|K^ CYC Tailor made for those who have it made. SHOPS ROAI> SINGAPORE 1024 Iti 7I»I HOAI) 07 1 R TEL 336 3556
      47 words
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  • Article
    Labour pains in Indonesia
    508 20 EDITORIAL WHEN Arifin Siregar, the former Indonesian Trade Minister, sits down at his new desk in the Washington embassy, his first task will be to handle an issue which threatens to mar the smooth surface of relations. Indonesia's new ambassador was one of several ministers to
    508 words
  • WHAT THE OTHERS SAY
    • Article
      Moving abroad, staying within
      327 20 SINGAPOREANS businessmen, entrepreneurs, those who can make the money to keep the money flowing in need to move out. They need to move into the region, pushing back its frontiers till the world itself is Singapore's region. In a sense, that is how it has been
      327 words
    • Article
      Staying way up there
      221 20 THE INSTITUTION of the elected presidency shows, to a large extent, Singapore's achievements. The main task of the Elected President is, in a nutshell, to consolidate Singapore's achievements. The country's foreign reserves now stand at $64.6 billion. Divided out, each Singaporean can get more than $23,670
      221 words
    • Article
      Get down to business
      166 20 AS Morihiro Hosokawa comes to office in a manner unconventional in every respect, many may desire to know what his basic philosophy is in his assumption of office. But the current session of the Diet has been preceded by a series of political tumults following the
      166 words
    • Article
      Breath of new life in Japan
      156 20 JAPANESE Prime Minister Kiichi Miyazawa and his Cabinet resigned yesterday, bringing nearly four decades of LDP rule to a close. Taking the centrestage as Japan's new prime minister and leader of the sevenparty coalition is Morihiro Hosokawa. The rise of Hosokawa and his coalition
      156 words
    • Article
      Colour-blind progress
      298 20 A FREE, democratic South Africa is still a long way off. Its first universal black-white election is scheduled for next April. However, the South Africans have not been idle. Even though there is very vivid evidence that the centuries-old violence and inequities are very much on the surface
      298 words
  • Article
    Is Sarajevo on the road to Jerusalem?
    1161 20  -  Amyn B Sajoo sees more than an echo of the Palestinian question in the plight of the Bosnian Muslims something which could shape into a new East-West clash Amyn B Sajoo The writer is a former adviser to the Canadian Human Rights Commission's
    1,161 words
  • Page 20 Advertisements
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      317 20 The lowdown on sky-high prices Prices of private property have been climbing relentlessly I A 1 1 since 1986, with barely a pause for the Gulf war. How long |J<f+f AA/>| can Singaporeans afford to chase prices higher? Are there 111 J™ 1 I signs that many are being priced
      317 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      69 20 I've cvf SoJimsuiT on) VUNDeRM£ATV<...-.. J AMOCIATtO NEWPArtW LTD, 1M2-1W) £999 Bristol Vou Go ON PV You? 7iwrts\ vR»gwtJ come off n... r ve 6€£N ujPOCHiNiG >(Ou OJRiGQ.irtS F\&OOT ON VOUR SEPiT lf\U- rOQgN'NG-. y I NOT > SflCCJRUJ/... Blister Fmni£_DLcier£ owce ev lift) f Pi D6SK JOB ft UFT
      69 words
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  • ANALYSIS
    • Article, Illustration
      To play ball, respect the rules of the game
      3017 21  -  Peter Seidlitz, Hongkong correspondent of the German newspaper, Handelsblatt, recently interviewed Singapore's Minister for Information and the Arts, Brigadier-General (Reservist) George Yeo, on the relations of newspapers and foreign correspondents with the authorities in Singapore. We reproduce below extracts from the
      3,017 words
    • Article
      Lock icon Top gainers of Israel's blitz in Lebanon
      504 21  -  Proven field experience is the best sales pitch for Israeli arms companies. Bradley Burston reports Bradley Burston Reuter IN THE macabre world of armsmakers, where bad news is often the best news, Israel's display of destructive prowess in Lebanon may give a welcome
      Reuter  -  504 words
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      186 21 I PHNOM PENH CAMBODIA /jSegent\ V x!? 6 y REGENT HOTEL 17, ROAD #109, GROUP 41, SECTION BOEUNG RANG, KANC DOUNG PENH, PHNOM PENH CAMBODIA IDD TEL (855) 23-*****/***** FAX: (855) 23-***** 1. SPECIAL PROMOTIONAL RATE USD6O.OO PER NITE FOR SINGLE OR DOUBLE BEDROOMS 2. FREE BREAKFAST 3. FREE TRANSFERS
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  • Article
    Lock icon Asia needs to build new links to US: experts
    629 22 AFP NUSA DUA, Indonesia Asia needs to build new links to the United States to ensure it remains closely involved in the region at a time when America can be more selective in its interests, experts told a conference here yesterday.
    AFP  -  629 words
  • Article
    Lock icon Kohl sees possible delay in EC economic, monetary union
    176 22 Reuter BONN Chancellor Helmut Kohl has for the first time raised the possibility that the time-table for economic and monetary union (EMU) in the European Community might be delayed. In a television interview to be broadcast late last night, he said
    Reuter  -  176 words
  • Article
    Lock icon France cuts interest rate
    172 22 Reuter PARIS France trimmed an interest rate yesterday, a week after the effective float of currencies in the European Exchange Rate Mechanism (ERM). but resisted a sharp credit easing which its reces-sion-hit economy needs. Economists said the Bank of France, which lowered the rate on its
    Reuter  -  172 words
  • Article
    Lock icon Gold set for steadier week after price shakeout
    344 22 Reuter LONDON Gold prices seem likely to steady this week following the crash last Thursday which brought the biggest one-day price fall since 1991, London bullion dealers said yesterday. "We have seen very good support at US$37O and we have tried to
    Reuter  -  344 words
  • Article
    Lock icon SEC charges two traders with manipulating stock in two companies
    215 22 Reuter NEW YORK Two registered broker-dealers have been charged with manipulating stock in two companies that traded on the National Daily Quotation Service. The Securities and Exchange Commission (SEC) said yesterday that Michael Matonis and John Toscani engaged in a
    Reuter  -  215 words
  • Article, Illustration
    Last chance for democracy in Pakistan
    669 22  -  The Bottom Line NIRMAL GHOSH NIRMAL GHOSH The writer is a BT journalist THE recent shenanigans in Pakistan were without equal, even for a country where politics has always been dubiously distinguished by equal measures of cowboy tactics and backroom intrigue. Yet out of
    669 words
  • Article
    Lock icon US trade panel rejects steel industry's bid to reverse ruling
    253 22 Reuter WASHINGTON The US International Trade Commission yesterday rejected a request by major American steel makers to reverse a vote that found the 12 firms were not being injured by certain imports of foreign steel. The ITC, an independent agency
    Reuter  -  253 words
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      605 22 C Singapore's most popular Nitsukofpj I Key Telephone System rpi House has engaged a team of <fj?k MENU ,3Sf> Chinese >adies the Sp This always in Chinese State Banquets. only at high calibre AHL <- IK Jjfe It b also one of the most highly aocUimed dishes 1 of the
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      18 22 SINGAPORE com GS Distributor of the most sought after M Key Telephone System Tel: 278 7088 J J
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  • Shipping Times
    • Article, Illustration
      Taiwan's Evergreen sets up own ship agency in HK
      261 23  -  By Dexter Lee SINGAPORE Taiwan shipping group Evergreen will soon manage its own ships that berth in Hongkong through a newly-formed shipping agent subsidiary. Called Evergreen Star Hong Kong Ltd, the subsidiary will take over the agency work currently handled by
      261 words
    • Article, Illustration
      Belize registry draws over 40 ships
      454 23  -  By Juliette Walker SINGAPORE The Belize registry has attracted some 40 vessels since the Central American country began waving its flag-of-convenience (FOC) here last December, the flag's representative said. Allen Walters, deputy registrar for the International Merchant Marine Registry of Belize (Immarbe), said shipowners
      454 words
    • Article
      Lock icon Tiphook to name UK banker deputy chairman
      184 23 Reuter LONDON Freight container leasing company Tiphook Pic is about to appoint merchant banker Rupert Hambro who is a non-executive director as its deputy chairman, said The Sunday Telegraph newspaper. The newspaper said the appointment is part of a campaign to improve investor
      Reuter  -  184 words
    • Article
      Lock icon Agreement likely on bid to end disputes over ship charters
      338 23 Lloyd's List LONDON Significant moves to curb a proliferation of legal disputes over ship charter contracts are near to agreement. A revised wording of the main time charter form and a parallel agreement between the major marine liability insurers should
      Lloyd's List  -  338 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      849 23 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9
      849 words
    • Article
      Shipping lines urge Bangkok port to revise new tariff structure
      477 23 BANGKOK Shipping lines have urged the Port Authority of Thailand to revise some charges in the new tariff structure at Bangkok Port, The Nation reported last Friday. Two months after the implementation of the new tariff structure, shipping lines have
      477 words
    • Article
      Lock icon Thailand drafts new sea law to curb conferences' power to fix rates
      354 23 Lloyd's List BANGKOK Thailand has drafted a new maritime law to protect its burgeoning export industry after complaints about unfair treatment and excessive power wielded by conferences. The country's exporters and shipping companies have long claimed that conferences
      Lloyd's List  -  354 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        564 24 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port hmu 31/93 P04 Mfiidt 0908/1500 AngfrAfcance 2 J6 akxlgside 1008,0600 Irwnawa 18/93 P04 alongside 09.08/1500 Bwra Raya 12 alongside 1008/1700 Panama Maru WAA3/6 P08A akx«sjde 0908/2000 Crane Hooe 4 15 atongsxte 1008/2300 Bfoohe
        564 words
      • Article
        CONTAINER SCHEDULES
        1594 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookini/BaUnct Rslti Ship Voy No Etb/Btr Period From To From to Lotus 41B 10/1400 I 09/1500 09/1659 09/1900 to Swan 78A 11/1500 2 09/1700 10/0659 10/0900 4 10/1200 10/1<59 10/1700 Aft
        1,594 words
    • Article
      THE SHIPPING GUIDE
      9089 32 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
      9,089 words
    • Article
      SHIPPING AGENTS
      3353 37 A *-B< Containerline NY: Belsin Shpg Agencies Pie Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pic Ltd (SVAccord Contr Line (PK/PN). Ad km Business Corporation Philippine: Calsource Shpg Trdg Pie Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Albatros Sen-Air Service: Frata Shpg Pte !Ltd
      3,353 words
    • Article
      COURIER SERVICES
      267 37 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Citv-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies A Services
      267 words
    • Article
      AIR FORWARDERS
      1458 37 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Aerolink Freight International Td: 545-8031 Fax: *****05. Te| f0 542 C -59l I. Fax: *****18. Air Cargo Novo Express Td: *****54 Fax: *****06. Air Express International Td: 542-7666 Fax
      1,458 words
    • Article
      PORT CONDITIONS
      2451 38 ALBANIA Duress: Five vessels in port discharging of which 2 flour, 1 cheese. 1 bricks, 1 general cargo. ANGOLA Luanda: Port working normally, no reports of delays to any class of vessel. Lobito: Port working normally, traffic levels low. ARGENTINA Santa Fe: No vessels, none in roads, max
      2,451 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1075 38 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP ACTIVITY on the sale and purchase market this week has proceeded in a rather quiet fashion with volume of inteerst in general being on the low side. We do, however, have a number of sales to report,
      The information was contributed by Simpson Spence & Young; AFP  -  1,075 words
    • Article
      AIR FREIGHT SCHEDULE
      555 38 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Right Type LTD T To TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL6I7 B747F 0345 1 TYO KAL
      555 words
    • Article
      CRUISE & FERRY SCHEDULES
      234 38 CRUISE FERRY SCHEDULES CRUISE SHIPS Art Dep Name of Vessel ETA ETD Ports of Calb Port Agent Telephone No AUGUST 21 21 Leisure World 1200 1900 Cruise to Nowhere Lauw Sons Travd 227-8284 22 22 Leisure World 0900 1900 Cruise to Nowhere Lauw Sons Travd 227-8284 24 24 Leisure World
      234 words
    • Article
      DAILY FREIGHTS
      972 39 THE BALTIC Freight Index for spot dry cargo shipping rates rose to 1.334 on Friday from 1,331 on Aug 5. Charterers with August grain cargoes to move from the US Gulf could find tonnage in short supply, brokers said. Rates eased in the past few weeks for grain
      972 words
    • Article
      TRANSPORT DIARY
      913 39 COURSES Title: Jetty Operations Safety Seminar Duration: Aug 16-19 Organiser J S Shipping and Trading Pte Ltd Tel: For further details and application forms contact Trina or Mahani at tel: 223-6118 or fax: 223-9929 Title: Basic Principles of Shipbroking Chartering (SDF 50%) Duration: Aug 16 Oct 4 (8
      913 words
    • Article, Illustration
      Lock icon Moving back to core activities
      984 40 The second of a two-part feature on the revival of Norway's shipping industry Lloyd's Shipping Economist Recently, there has been considerable strengthening of shares in Norwegian shipping companies active in the offshore sector. This appreciation follows the firming of shares in the US where there
      Lloyd's Shipping Economist  -  984 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Small US air cargo carriers pushing for role in market
        485 42 Commercial Aviation News SAN FRANCISCO Only two months old, Pacific Cascade Air Cargo plans to establish its niche in the air freight market in August by flying Boeing 707 aircraft from Seattle to Honolulu and back. Pacific Cascade Air Cargo,
        Commercial Aviation News  -  485 words
      • Article
        Lock icon UK nod for 44-tonne lorries angers shipping lines
        396 42 Government move seen as discriminating against sea transport Lloyd's List LONDON The British shipping industry last week condemned as discriminatory the UK government's decision to allow heavier payloads for lorries taking freight to or from a railhead. Sir Nicholas Hunt, directorgeneral of
        Lloyd's List  -  396 words
      • Article
        Lock icon Lufthansa offers cooperation deal to Austrian Airlines
        239 42 Reuter FRANKFURT Deutsche Lufthansa AG has offered fellow carrier Austrian Airlines a cooperation deal which, if realised, would be a blow to plans by three other airlines for a European mega-carrier. Lufthansa on Sunday confirmed a report in a Viennese newspaper that it
        Reuter  -  239 words
      • Article
        Lock icon GM pleased as VW admits defectors may have brought secrets
        313 42 AP BERLIN General Motors Corp's Germany subsidiary welcomed on Sunday Volkswagen AG's admission that GM defectors may have brought proprietary documents with them. Adam Opel said in a statement that prosecutors investigating what the US car maker contends is large-scale
        AP  -  313 words
      • Article
        Lock icon MAS to fly to Namibia before year-end
        146 42 AP KUALA LUMPUR Malaysia Airlines will be flying to Windhoek, Namibia, before the end of the year, Namibian Minister of Trade and Industry Hidipo Hamutenye said on Sunday. Mr Hamutenye said that in talks on Saturday with Malaysian Transport Minister Ling Liong Sik,
        AP  -  146 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1361 42 Oft nw eta nw no Abu Dhabi GA893 1630 GA974 1940 Adalatdo QF81 1930 QF82 2055 Amsterdam GA895 1435 SQ320 1100 KL837 1445 GA974 1940 SQ323 1725 KL838 2310 Athens SQ348 2300 Auckland NZ35 1550 SQ288 2015 SQ286 2030 N236 2340 SQ288 2030 Bahrain Gf 148
        1,361 words
      • Article, Illustration
        Lock icon Swedish plane crashes at air show
        71 42 Reuter STOCKHOLM Rescue workers checking the wreckage of a single-engine J as-39 G ripen which crashed during an air show on Sunday. The newly developed Swedish military plane appeared to go out of control about 100 metres above ground. The pilot ejected and the
        Reuter  -  71 words
      • LOG BOOK
        • Article
          Lock icon Karachi oil tanker aground
          81 42 Reuter KARACHI An oil tanker belonging to Pakistan's state National Tanker Company carrying 68,701 tonnes of crude ran aground in Karachi harbour, port officials said yesterday. A spokesman for the port said the MT Jauhar. carrying oil from Al-Fujairah in the Gulf, ran aground on Sunday
          Reuter  -  81 words
        • Article
          Lock icon Greek ship seized in Lebanon
          99 42 AP BEIRUT A Greek ship was seized at Beirut's port on Sunday for smuggling Israeli salt to Lebanon in contravention of an Arab League boycott of Israel. Military prosecutor Khalid Hammoud said the ship's captain and sailors were arrested aboard the cargo ship Vassiliko Bay,
          AP  -  99 words
        • Article
          Lock icon Vacationers fame over Italy rail strike
          92 42 AFP ROME Foreign and Italian holiday-makers voiced anger and frustration on Sunday as thousands found themselves stranded in railway stations by a weekend-long strike called by train drivers. For Italian Transport Minister Raffaele Costa "disruption was not very serious, but neither was it negligible",
          AFP  -  92 words
        • Article
          Lock icon Japan group on EC car mission
          81 42 Reuter TOKYO The Japan Light Metal Association will send a mission to Europe next month to study the use of aluminium in cars, buses and trucks, an association official said yesterday. It plans to send about 15 association members and Japanese aluminium manufacturers to
          Reuter  -  81 words
  • Page 23 Advertisements
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      42 23 If you want it there J 1 yesterday r I Fly it withw*-*» us today* a I Member ASM M 'jfT 1 ®21™KJNETlC-5 Moving back to core activities, Pg 18 Small US air cargo carriers pushing for role in market, Back Pg
      42 words
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      Page 23 Advertisements Column 2
      25 23 Lines and Mfvtcwmpfwentedby Mtmbcrs of ths Registry of Accredit*) Shipping Aganta, Singapore vjkjjfMj) National Shipping Association NgS-y For advertising enquiries, contact Shipping Tunes: Tel 740-2089/740-2090
      25 words
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      Page 23 Advertisements Column 3
      62 23 International Freight Forwarder EUROPE LCL FCL Services c^@@O(DO6MD M+R FORWARDING PTE LTD \%7\ Reliable lj/1 Efficient Ij7l Experienced Professional Then engage one who is a member of the Singapore Freight Forwarders Association (SFFA). SFFA demands that all its members comply with the Association's stringent criteria. SINGAPORE FREIGHT FORWARDERS ASSOCIATION 51
      62 words
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      440 24 TSKLINE AGENCIES (S) PTE. LTD. /mmA -T V |Z f ¥mTTI Tel: 226-3363 J. #k3# Fax: 226-1972/3 I V33tA r7 JI X: RS *****/TSKSIN. I TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 5- *MPABY 428 "lfoi IoS 1100 ""S Sq« 1111 'MM* 2*ol Si' I pacwc man i4B n.oi
      440 words
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      Page 24 Advertisements Column 2
      1325 24 -am u M» *»OTi^ff^^B^ Tt l tt ,i®J. 2 *i I J» I 311 IT] 2j| «t ooMusoiNu 21,531 i 101 iaii ai 111 i^liT| «T| i/i I TT] 31/1 i 3/1 i, '5 ifl!' J* f* f* «*>» «i/iu 11/1 30/1 2/1 I/I I/I I/I M 11/ I 11/
      1,325 words
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      2003 25 rr o wvowwj m.w iwww ,H NO AOEMCI j P?^g ?^L a "^"7?S*"!S:7» m 2 rcUUEHTAnON TEL *****55 UNWA80),*****90 (OUTWARD! |>EN*NO TEL: 6MM4I F«-««»' <*S TEL: 349.06 BOOKINGS TEL: *****80 *****81/ *****82 £0H 'EL *****3/4 FAX^ *****6 CFS (PSA F5) TEL: *****21/ *****79 TF 07 ?3 1270 FAX 07-*****9 CUSTOMER
      2,003 words
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      Page 25 Advertisements Column 2
      1744 25 ■Bim™ U. S. A. /CANADA NEXT AVAILABLE SAILINGS SEALAND EXPRESS V.196E ETA SIN 09TH AUGUST 93 MAGLEBY MAERSK V.9306 ETA SIN 10TH AUGUST 93 ANNA MAERSK V.9312 ETA SIN 11TH AUGUST 93 VMM) Voy ETA ETD FmOw by s .iMn DESTINATIONS KTA Th« «mk maglebv maersk »30« cv 10/08 oaoo
      1,744 words
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      1664 26 AQABA R DAM/ [i ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) STON H BURG A WERP HAVRE VYEST MALAYSIA THAMES 18/131 11/8 28/8 31/8 29/8 Po,, Kelang p e nang KAI 03/331 14/8 23/8 29/8 1/9 4/9 6/9 8/9 Gudsng LA SEINE 31/132 18/8 4/9 7/9 5/9
      1,664 words
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      Page 26 Advertisements Column 2
      590 26 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for aH services C.I.S.- Vostochny. Vladivostok, Moscow. Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTTBANJULBISSAU-LUANDA-BATA Feeder Vessel KTAWIt I VILLE DE CANOPUS V9729W 14
      590 words
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      Page 26 Advertisements Column 3
      1234 26 I NORASI2T I VSL/VOY SIN ALG BC^^VA^^^UH>^^HAN^^BR?^RO^^ANT^^FE^^| I NOR ASi A PEARL 9330-3 12/01 01/09 04/09 05/09 05/09 06/09 07/09 08/09 09/09 10/09 I I ARABIAN SEA 331* 19/01 09/09 13/09 15/09 14/09 15/09 16/09 17/09 18/09 19/09 I I CHMA SEA 332W 26/08 15/09 18/09 19/09 20/09 21/09 22/09
      1,234 words
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      Page 27 Advertisements Column 1
      2049 27 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****88 Fax: *****17 Miw aummA pacmhc imm p araf <A SERVK* OF CHINA NAVIGATION CO) ACCEPTS CWtGO DUE SALS IM Vl* toiaa. Lab. KK 0«-07 Au| to Pt 09 Auf FCU LCL c ONT AIMER
      2,049 words
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      Page 27 Advertisements Column 2
      2829 27 kt V A SINGAPORE AGENT: PXti 1 I AntairiPf»C P4 Containers (Singapore Agencies) Pte Ltd X i\V/ 9 10 Ho Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 TIS, Ta,: 225 2233 Tel6x ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z JMPQRT *lIKL VOY tW fl# MN ALO BOU AMT
      2,829 words
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      Page 27 Advertisements Column 3
      91 27 iHBINTAN6 MAS SHIPPING PTE. LTD. 39 NEH. ROAD SINGAPORE 0208 KflV TEL: *****88 TLX: R*****5 SINMER FAX: *****64 accepts ran of CARGO STORE DESTMATKM lOCURT KARL VISE 10-10 AUG 10-ll AUG Muara. Labcar mean gold vo«t 13-14 aug 15-16 aug Mm. lam BMTKNG BELAfT VICE 13-14 AUG 15-li AUG BMiu.
      91 words
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      837 28 pWHiSW indonesi^!?^ONA^N^^^ Wi DOT T__ STOIE MWt WM tf—t I WOO MIT«P»~ milium 35W8 I 21-24/1 21/10 24/10 27/10 30/10 TO AUSTRALST"^ EAST COAST POUTS Vtt/VOT rut STOUt SYP MtLB BUS THE I MKI WOO ASIA 52S 11/1 9/8 2t/l 29/1 23/1 wo TtmstK in is/» lt/s 2/9 zi/t MHO
      837 words
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      Page 28 Advertisements Column 2
      1852 28 HANJIN SHIPPING FDR VSI SM LIC HAUL SEA PO* FDR VSL SM |UNE HAUL SAV IN NYC HANM ROTTERDAM 0231 12/8 OKCT 2/9 4/9 HAN* ROTTERDAM 023E 12/8 H. LONGKACH 044 C 16/J 17/9 19/9 HANJM FELIXSTOWE 1801 19/8 DMCT 9/9 11/9 HAW* FEUISTOWI OIK 19/8 M AICRICA 0101 23/9
      1,852 words
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      Page 28 Advertisements Column 3
      1199 28 iu I h I I I Im in we u( ns m 09 ki sw muudtuntMiMniwiKnticiintwl C soon (M U/l 11/1 11/ l a/I 23/1 24/1 24/1 27/1 21/1 M/l 11/1 22/1 24/1 25/1 VII »/10 7/11 1/10 l/ll U/l» 29/11 2/11 VU iam Km u/s i»/i 21/1 rt/t mi
      1,199 words
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      2184 29 II I sex: 'OOCL FAIR 43E' eta Singapore 11/08/93 HI H I ARRIVING LOS ANGELES 28/08/93 IN 16 DAYS II II I aex: 'NEPTUNE LAZULI 02E' eta Singapore 12/08/93 II II I ARRIVING NEW YORK 04/09/93 IN 22 DAYS HI *112 Connecting C. Jupftar Voy ME to HK6 V4/08/S3 HI
      2,184 words
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      Page 29 Advertisements Column 2
      1172 29 I SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 ENQURES: *****33 BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHIPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO:
      1,172 words
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      964 30 AS AGENTS: LK (SINGAPORE) PTE LTD (CH No: **********0 M) M TEL. *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W T IV| ftj 1 MALAYSIA "K" LINE MAMTWE (MALAYSIA) SON BNO I JL TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SAAANA LAUT INTERNUSA, TEL:
      964 words
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      Page 30 Advertisements Column 2
      186 30 oonancnia# roctnc Shipping J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU STORE PK LOAONG FOR WORLD ACHILLES 11 SU) SU) MPT FLU/ROT/ANT/UK MARIA K 17/1 21/S 25/1 FLU/ROT/ANT/UK loads Sabah Moneua C R NO. 133(*****00H CONTIPAC SHIPPING PTE LTD Tbl: *****32 Fax: *****49 P.K. MULTIPORT SDN BHD. TEL: *****09 TLX: MA
      186 words
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      Page 30 Advertisements Column 3
      298 30 FOONG SUN V SHIPPING (PTE) LTD. WHOLESALE CENTRE. BLOCK 1, #0310 SMGAPORE 0511 BOOKING/ENQUIRIES CR NO 10WWM0Q0W TEL: *****55 (u LIES OUTBOUND) *****77 s IMS -INBOUND FAX: *****16 TELEX: R8 *****/2505* FSSHIP ffSSa VOT ETA HO OESTWAnON GULF KHALD 14/93 12/1 14/1 PIAJU/PALEWANG SUM MY 11/93 13/1 15/1 PONTIANAK.SNTITI MAHAJA
      298 words
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      Page 30 Advertisements Column 4
      1118 30 WCft PHIUOttIfNT LINGS PTE LTP I" 108 Robinson Road #07-00 GMG Building Singapore 0106 H 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 H A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTWAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE j 12 AUG SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 13 AUG AUCKLAND, WELLINGTON. LYTTLETON, NEW
      1,118 words
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      959 31 PACIFIC INTERNATIONAL LINES (PTE) LTD I SSiS? Jl4O Cecil Street. #03-00 PIL Building, Singapore 0106. I I mSBSS»M CR NO: **********0E I j VESSEL VOY SIN CMB JIB JED AOJ ADE HOD PZU KOTA WIRAWAN WRNO29 12/6 16/8 23/1 25/S 27/6 27/6 31/6 2/» KOTA WUAYA WJAO29 24/1 29/6 4/t
      959 words
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      Page 31 Advertisements Column 2
      1179 31 VESSELS VOT Vl* FEEDER SPORt HWWC ROTTEROAM ANTWERP THAMES It HARtt Vt.l£ DC CANOPUS 9725W 14/00 00/00 11/0* 12/00 H/W IVW vwi m province 9020W 21/00 17/w n/oo w/w 21/00 23/00 VIAE Of VEGA 0020W 20/00 24/00 it/Pi 27/09 20/00 30,00 ADAM ABRAHAM 7130*1 05/0# 01/10 03/10 OA/10 05/10 07/10
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      378 31 MM MYANMA \BBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'porc P.KI| Pen P Gdf HPA-AA VI93W 12/14 Au| M PORT PWYA ¥130* 20 Au( AVA VI23W 2/3 Sep 30/1 S«p PAGAN V2OIW i/9stp MALAYSIA AGENTS BOUSTIAO SHPPMG AGENPES Ml: TEL 03-*****00 PKL TEL 03 3tM7<7 PE*
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      2560 34 Full Container Liner Services Moleysit 's Agents: Indonesia 's Agents: 1 Genera/ Agents: Booking Agents: Gutn Gum Shipping Sdn Bhd Chung Chiae Skipping Sdn Bhd P.T. Global Potra Indonesia Maritime Costar Shipping Pte Ltd st** Frmgat mh c-tn s*m si Mm irm m*« una lh 3.34, m near, n. h.
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      647 35 /j£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 09/08 ROTTERDAM 07/08 AARHUS/COPENHAGEN 09/08 HAMBURG/BREMEN 09/08 MARSEILLE/FRANCE 08/08 FELIXSTOWE/UK ***** BARCELONA/SPAIN 08/08 LEHAVRE/FRANCE 09/08 GENOA/ITALY 07/08 ANTWERP/BELGIUM 09/08 LOS ANGELES/WC/IPI 08/08 SYDNEY/MELBOURNE 10/08 NEW YORK/EC 08/08 FREMANTIE/ADELAIDE 12/08 VANCOUVER 13/08
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      694 35 t-I RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOV ETA LOADING FOR SPORE MONET 31WB 22/0* DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAV WONZ 37W8 23/09 DARESSALAAM
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      985 35 I if tl ■I I JAKARTA BANGKOK 2 I—a I vot I i I kt |«m Ivor —mm. mmm 2 THANA BHUM *PT 13/1 KETHA BHUM 08N SPT 1/4 Fri 13/0 NANA BHUM IUS 11/1 14/1 PITA BHUM* 214N HPT 10 8 Fri 13/0 j ISJtA BHUM 12S 13/1 17/
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      1514 36 AAfIMN CONTAINER LINES I -l\~/\"l A 9ents: MAC-NELS SPORE: *****22 (24 LINES) v J\/ V Jr/a n 0 **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 I HKG/TWN/BKK I GOTH/UKB/MED PORTS f PEN PKL SIN EVERY TUE/THUR/SUN PEN PK
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      125 36 INDOJAYA SHIPPING > TRADING PTE LTD l weekly to J Vhml ETA/ETO DESTINATION J I Nantai I 10-12 Aug Jakarta/Patambang I Parita Intan 13-14 Aug Jakarta/Patambang i > Mat Jaya 15-17 Aug Jakarta/Pa4ambang I j Nantai II 19-21 Aug Jakarta/Palambang i Pinang Jaya 23-24 Aug Jakarta/Patambang I Waaian 17-20 Aug
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      190 36 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD Ilk it* Elk SPOtt mi MIME rtIMIK »I* MX 12 8 toidmt toe HU* RUVN HUDHU //I to Port Oischvgmg and lojdwtg lot DOIfWI h fort lo«fcn( fo» Male rmu sum* 201 Loading For Ma* UKCUM VI loading For M* PUOGWSS IBMTT
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      919 36 THONG SOON LINES PTE. LTD.I 78 SHENTON WAY #10-01. SINGAPORE 0207 Ta: *****88 FAX NO: *****11 TLX: RS ***** CARRER. RS ***** JENHOL CABLE: TOSOCO CON VENTION AL/CONTAIMER BOOKING LINE; *****55"" SINGAPORE TO BARAWAK VESSEL VOT S'POiE PEST VESSEL VOT S PORE PEST EQUATOR JADE 86/3E 12 AUG KUCHING EQUATOR
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      89 38 We know you can't, but you can try. Simply give us a call. We can help make vour garage sale a success! Just jot down the details of your sale, tnen place a quick, convenient call to CATS, and we will publish your ad the very next day. Your garage
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      58 39 ji i Housekeeper -this O vvift, I I wants is me. But I'll never neglect I V -tinte house, bafcy/ J Sl any Job. any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Lianhe Wanbao Shin Min Daily
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      21 39 .ta r EYE ON THE TIGERS t Nobody covers East Asia like we do. The Region. j Everyday. f Businessiimes mammtm
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  • Page 39 Miscellaneous
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      Page 39 Miscellaneous Column 1
      709 39 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 ft 1.2 1.7 2.1 22 2.2 20 l.fi 1.2 09 01 0.1 1.0 1.3 1J 2.3 2.5 2.5 2J 2.0
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      364 40 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOURI AM Zm 13/08/93 21/0«/93 JSFXKJm VIGOUR PACIFIC 24ANB 16. 08 93 21:08.93 fITOIT WD MuftJAY VIGOUR SINGAPORE 60NB 20/08/93 28/08/93 VIGOUR SINGAPORE 60ANB 23/08 93 28/08 93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SWGAPORE PORT KLANG PENANG VIGOUR
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      419 40 @APPENSHIP /2\ HAMBURG VTv CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSE.S LOAOMG TORTS DISCHARGE/LOAOMG FOR KAPfTAN FOMENKO ANTW SLD SPORE 10/8 HANMOMY SEA HAMBURG SLO SPORE. BKK 1/9 FLAG LEADER ANTW SLO SPORE. SHANGHAI KOALA CONTAINER LINE STORE FIX HAM ROT L£H DKK
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      224 40 SIM SWEE JOO SHIPPING M SDN. BHD. REGULAR SERVICE TO BHMTULU/MRI VESSEL [VOY PKL PGP KUC SIBU BTU MIRI" (wei long (*m <4 ■t> 6 e e WO AW JAY* y A 1 e ?2<B M 8 JUT A JAYA 'n 6 '4 8 1 21T 22 8 ACCEPTING FCL
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      Page 40 Advertisements Column 4
      284 40 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOACHNG FOR: A VESSEL 28/08 Rotterdam/Antwerp CHWA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/08 20/08 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CMNA/BANGK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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      936 41 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOY I PNA I PKE I PGP I VESSELS SIX RTM AWT* LEH* HAM 88Et FEL HMM AOVANCE 24A 10/08 11/08 12/08 H. COMMAWCR 30SW 16/08 03/09 03/09 04/09 05/09 05/09 07/09 NORASIA MALACCA 9326 A 17/08 18/08 19/08
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      484 41 BBS STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ItSttl NT V n IK II tmjmc prk» ii sj ai lIM HIM 29 IJ/I 11/1 MISHW IS SIB $10 12/1 MM U/t COSMIC TIMtl 31 14/1 IOKM II I HI 23 I cosaac caAuuai 17 i 9/»
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      953 41 *sa wi an fwo LM oak cw daT loi/ca hou wyc [nor HEWT HtPSOW BWDg MA 12 13/01 2>/0l 31/ OS 01/09 02/W 02/09 03/09 03/09 04/09 AILI6ATOK mamt m H-CT/Ot OS/09 07/09 08/09 09/09 09/09 10/ M Ijj/W 11/09 MACKWAC BWDGE 70A 26-27/ M 12/09 14/09 15/09 U/09 K/09
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      6 42 pANALYSIS J Tomorrow in Business Times
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      206 42 P ANALYSIS Tomorrow in Business Times I— MALAYSIA/WEST AFRICA H FREIGHT AGREEMENT H NOTICE TO SHIPPERS H CONTAINER DEPOSIT H Shippers are hereby reminded that all shipments from S.E Asia to Nigeria are required to be accompanied with "Import Duty Report" (IDR) Numbers This is in H compliance with the
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