The Business Times, 20 August 1993

Microfilm: NL18960
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES WE MOW ASIA MITA (P) 552/12/92 Friday August 20 1993 75<
    13 words
  • 2am LATEST
    • Article
      Lock icon ABB to shed a further 7,000 jobs
      76 1 FT VIENNA Asea Brown Boveri, the world's largest power engineering group, yesterday reported flat pre-tax profits of US$497 million (*****.2 million) for the first half and indicated that it sees little improvement for the rest of the year. The Swiss-Swedish group said that
      FT  -  76 words
    • Article
      Lock icon Plan to raise US minimum wage level
      65 1 AP WASHINGTON US Labour Secretary Robert Reich wants to mount a drive for a minimum wage of at least USS4.SO an hour. He said raising the minimum wage from U554.25 to US$4.5O an hour and then ensuring it rises with inflation is a
      AP  -  65 words
  • Article, Illustration
    MARKET SUMMARY
    109 1 Stock market indices Thursday Ckaa|e STIi 1,948.78 -2.62 K.LSE Composite 798.82 +7.8 Nikkei 20,687.47 -85.71 Hang Seng 7.605.26 +44.29 SET Index 955.35 -2.66 Jakarta Composite ...384.82 +1.39 CLSA China B 951.6 -10.1 Aust All Qrd 1,926.3 +31.6 FTSE 100 3.065.5 -8.1 Tfcanfejr PrrHw Ipa daw Dow Jones 3,604.03
    109 words
  • Article, Illustration
    China's economy can grow at 8-12 pc a year: Dr Goh
    685 1  -  By Amy Balan SINGAPORE Chinas economy can grow at 8 to 12 per cent annually for most years over the next two decades, says Dr Goh Keng Swee, a former Cabinet minister credited with Singapore's economic success. "I believe
    685 words
  • Article, Illustration
    Lock icon Japan plans deregulatory measures
    602 1  -  But Cabinet makes no mention of steps to stimulate economy From Anthony Rowley in TOKYO JAPANESE Prime Minister Morihiro Hosokawa and his economic lieutenants agreed in a special Cabinet session yesterday to devise mediumterm deregulatory measures to benefit Japanese consumers and to pacify Japan's trading partners.
    Reuter  -  602 words
  • Article
    Lock icon Tokyo agrees to numerical targets for deregulating economy
    224 1 AFP TOKYO In an apparent about face, Japan's Chief Cabinet Secretary Masayoshi Takemura yesterday said that the government was willing to accept numerical targets in working towards deregulating the economy. Mr Takemura, the official spokesman of the new coalition government of Prime
    AFP  -  224 words
  • Article
    Lock icon Corporate Robin Hood or hoax predator?
    374 1 Bloomberg Business News LONDON RTZ Corp pic, the world's largest mining group, has done battle over the years with all kinds of companies. But none is more unusual than its latest opponent. A takeover notice faxed to RTZ by an unknown company had the
    Bloomberg Business News  -  374 words
  • Article
    China Everbright sets up subsidiary in Singapore
    373 1  -  By Yong Pow Ang SINGAPORE China Everbright Moldings, a Chinese state-owned company, has set up a subsidiary in Singapore to increase its presence in this region. Named Sing Kong International, the subsidiary has a paid-up capital of $1 million. Its main lines of
    373 words
  • Article
    Lock icon Surprise Fed intervention lifts US$ against yen
    306 1 UPI Reuter LONDON Unexpected intervention by the US Federal Reserve Board boosted the dollar against the yen, lifting the greenback more than two yen in London. Analysts said the Fed stepped in to buy dollars for yen at 101.6 yen, then intervened further
    UPI; Reuter  -  306 words
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      125 1 SledgerS made in Franct Petite Fineeae *02-38, Centrepoint (Tat *****81) Takashimaya Dapt Store Galenas Lafayette Singapore and selected retail ou4«s CONTENTS 1 Nws Cwnpaeies ?por» News 2 S'porMfsa 9.10 tepqnal New 3,4.5 Fractal 13 WoiMNews 7.8 Mkra Markets Mm 25 Cloto/KLSE. SES 17.18 Edrtonal 24 Report 15 Sports 19 Wwtt
      125 words
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      10 1 Ad and Marketing: Pg 22 A tale of two fruits
      10 words
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      30 1 Hock Lock Siew: pg 9 IFS has the ingredients for strong growth MORE REPORTS, Pg 6 No of accountants to triple Taxman outlines reforms Full text of speech, Pg 25
      30 words
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      Page 1 Advertisements Column 4
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      88 words
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      11 1 NIPPONRMNT Quality Paint That Lasts France cuts overnight rate. Back Page
      11 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Smaller appetites in June
        315 2  -  By Anna Teo AFTER enjoying brisk business in May, restaurants experienced a 2.3 per cent fall in sales in June. Turnover, however, was 12 per cent better than a year ago. Overall, the catering trade index, which measures the sale of prepared food and drinks consumed
        Source: Dept of Statistics  -  315 words
    • Article, Illustration
      Unix International closes offices worldwide
      365 2  -  By Joseph Rajendran UNIX International (UI), a consortium of computer software giants launched four years ago amid great publicity, is winding down its operations. It will shut down its Asian operations in Singapore and Tokyo, and its Brussels and newly-opened Hongkong offices, said Ul's Singaporebased
      365 words
    • Article
      Telecom to offer expertise to Indonesian counterparts
      149 2 SINGAPORE Telecom International yesterday signed a twinning agreement with its Indonesian counterpart to pave the way for the exchange of technical expertise. The pact, signed with Perusahaan Perseroan PT Tdekomunikasi Indonesia (PT Tdkom) in Bandung, provides for the exchange of personnel The first
      149 words
    • Article
      New Singapore River sites receive 16 bids
      403 2 Highest bids go to Robertson Quay, Nanson Rd plots THE Urban Redevelopment Board has received 16 bids for four development sites along the Singapore River. Two of the sites, in Robertson Quay and Nanson Road, are slated for residential and commercial development. The
      403 words
    • Article
      Voters will receive poll cards by tomorrow
      291 2 Run-up to presidential election ALL VOTERS should receive their presidential poll cards by tomorrow. Those who do not receive them by then should call the Election Department, or one of the 79 enquiry centres at community centres and neighbourhood polioe posts. The centres
      291 words
    • Article
      Parliament sits on Aug 30
      20 2 PARLIAMENT will sit on Monday, Aug 30, at 12.30pm, the Clerk of Parliament announced yesterday.
      20 words
    • Article
      No swimming after fire
      73 2 THE Environment Ministry has advised people not to fish or swim in the Jurong River, after a fire in Penjuru Road, Jurong, early yesterday. The Maze, at the premises of Mai Fai Tai Investment, burned warehouses which held diesel oil, chemicals, rubber sheets, timber and tyres.
      73 words
    • Article
      BP, Cahex raise pump prices
      77 2 BP has raised its retail pump prices. Super Unleaded is now 1 IS cents a litre (up I.S cents); Extra Unleaded is 108.4 cents (up 1.5 cents); and Super is 125.5 cents (up two cents). The BP diesel price is unrhangrd. Caltex has also raised
      77 words
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      61 2 o OMEGA The sign of excellence. x \%IW mm f You can tell by their skirts When it comes to excellence tailoring, distinguished statesmen, royalty and just every man who why become the importance shirtmaker of prominent business leaders, CYC Tailor made for those who have it made. 33 CIRCULAR
      61 words
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  • THE REGION
    • Article, Illustration
      Lock icon N Growth Triangle ministers to meet early next year
      443 3  -  Mahathir in Thailand From Loh Hui Yin in Bangkok MINISTERS from Indonesia, Malaysia and Thailand partners in the Northern Growth Triangle plan are to meet in Bangkok early next year to strengthen its development, said Thai Prime Minister Chuan Leekpai. And
      Reuter  -  443 words
    • Article
      KL will take initiative to spur R&D in Malaysia: Rafidah
      506 3  -  Reports by Ven Sreenivasan SINGAPORE Malaysia's drive towards a high-technolo-gy and high value-added manufacturing economy will be fuelled by aggressive govem-ment-led initiatives to support more R&D activities. This was disclosed by Malaysian Minister of Trade and Industry Rafidah Aziz in
      506 words
    • Article
      Umno may split if mud-slinging in fight for No 2 post goes on, says Rafidah
      328 3 SINGAPORE Umno could be heading for a split if the current mud-slinging continues between the supporters of the two candidates for the deputy president's post. Malaysian International Trade and Industry Minister Rafidah Aziz made the
      328 words
    • Article
      Thai court orders SIA to compensate family for delaying trip
      298 3  -  From Andrew Cooke in BANGKOK SINGAPORE AIRLINES has been ordered by Thailand's Civil Court to pay 330,000 baht (5521.030) to a four-year-old Thai girl and her family for stopping her from boarding a US-bound flight because she did not have
      298 words
    • Article
      Lock icon Malaysia's second quarter growth seen at 10pc
      600 3 Reuter KUALA LUMPUR Malaysia's economy is likely to have grown by 9.5 to 10 per cent in the second quarter, compared with 8.1 per cent in the first, economists said. The central bank. Bank Negara. is due to release its second quarter economic
      Reuter  -  600 words
    • Article, Illustration
      Preacher's release signals liberalising of Indon politics
      445 3  -  From Maggie Ford in JAKARTA A MUSLIM preacher who is a member of the opposition Petition 50 group in Indonesia was released from jail earlier this week in a further sign of President Suharto's intention to liberalise the political climate. The conditional release
      445 words
    • ASIA NOTES
      • Article
        Lock icon Tamil Tigers willing to negotiate
        89 4 AFP Reuter COLOMBO Tamil Tiger rebels said on Wednesday that they are ready to negotiate with the government to end Sri Lanka's decade-old separatist war that has claimed 18,000 lives. Rebel leader Velupiilai Prabhakaran "is willing to consider a federal structure with the north and
        AFP; Reuter  -  89 words
      • Article
        Lock icon Jakarta ready for ties with Lisbon
        75 4 Reuter JAKARTA Indonesia said yesterday that it is ready to resume > diplomatic ties with Portugal, broken by Lisbon after Jakarta invaded its former territory of East Timor in 1975. But it added that it would not make the first move. The official Antara
        Reuter  -  75 words
      • Article
        Lock icon Taiwan firm's US$1b investment
        107 4 AFP MANILA A Taiwanese firm has agreed to invest US$l.2 billion (SJI.9 billion) to convert two former United States military facilities north of Manila into five-star tourist resorts, the official Philippine News Agency said yesterday The news agency said Tun Tex Corporation of Taiwan has forged
        AFP  -  107 words
      • Article
        Lock icon Protest by Perth union members
        59 4 AP PERTH About 10,000 trade union members protested outside the Western Australian state Parliament yesterday against proposed labour law reforms. The state government says the changes will allow workers and employers to negotiate contracts without resorting to existing labour boards. But union leaders say the
        AP  -  59 words
      • Article
        Lock icon Benigno Aquino declared a hero
        55 4 Reuter MANILA The Philippine Senate voted yesterday to declare assassinated former senator Benigno Aquino a national hero, despite opposition from politicians who served under Mr Aquino's rival, Ferdinand Marcos. Thirteen senators voted in favour of the resolution while four abstained. Six other senators in the
        Reuter  -  55 words
      • Article
        Lock icon Seoul seeks compensation for KAL 007
        83 4 Reuter SEOUL South Korea yesterday filed for compensation from Russia for the shooting down of a Korean Air Lines (KAL) plane by a Soviet MiG fighter a decade ago, a Foreign Ministry official said. All 269 people aboard KAL flight 007 perished when it
        Reuter  -  83 words
    • Article
      Lock icon Taiwan's ruling party elects a younger central committee
      221 4 Reuter TAIPEI Taiwan's ruling Nationalist Party elected a 210-member Central Committee yesterday, replacing many old-guard conservatives with a generation of younger, more progressive politicians. The new policy-making body was chosen by delegates to the party's 14th congress from 369 candidates 210 nominated
      Reuter  -  221 words
    • Article
      Lock icon Deng, not seen in public for 7 months, turns 89 on Sunday
      582 4 Rumours of his health remain as China faces political, economic uncertainties AFP BEIJING China's top leader, Deng Xiaoping, will celebrate his 89th birthday on Sunday as his country, the world's largest, faces a future filled with political and
      AFP  -  582 words
    • Article, Illustration
      Lock icon Li Peng makes a splash in the Chinese press
      311 4 UPI BEIJING Chinese government newspapers yesterday published a photograph of a smiling, bathing-suited Premier Li Peng relaxing at a beach resort in a new bid to dispel rumours about his health. The photograph was displayed on the front pages of nearly
      UPI; Reuter  -  311 words
    • Article
      Lock icon Concern in US over China's growing trade surplus
      443 4 AP BEIJING A United States congressman expressed concern yesterday that China could begin to rack up huge, Japanese-size trade surpluses with the US unless it removes barriers to its markets. "As of today, I cannot tell you that China is in the
      AP  -  443 words
    • Article
      Lock icon US congressman warns Beijing about shipping of chemical weapon ingredients
      295 4 Reuter BEIJING A United States congressman warned China yesterday that it faces "a very major problem" if a Chinese ship under American surveillance in the Persian Gulf is found to have been ferrying banned chemical weapon ingredients to Iran. Members
      Reuter  -  295 words
    • Article
      Lock icon No sign of inflation abating in China, says official
      218 4 AP HONGKONG Double-digit inflation in China is creating hardship for pensioners, lowpaid city dwellers and labourers, and shows no sign of abating, a Chinese official was quoted as saying yesterday. Zhang Yuanjie, inspection department director at the State Price Bureau, told
      AP  -  218 words
    • Article
      Lock icon S Korea optimistic about holding talks with the North
      357 4 Reuter SEOUL South Korea, heartened by communist North Korea's offer to resume talks on its nuclear programme with the United Nations, said yesterday it hoped to have its own talks with the North soon. "At least the North is willing to
      Reuter  -  357 words
    • Article, Illustration
      Lock icon Yeltsin's Japan visit in doubt after remarks on Kuriles
      499 5 AFP TOKYO Russian Premier Viktor Chernomyrdin's assertion that Moscow will "never return" four of the Kurile islands to Japan threatens to again derail a planned visit to Tokyo by President Boris Yeltsin, diplomats said yesterday. But Mr Yeltsin said in Moscow
      AFP  -  499 words
    • Article
      Lock icon Low inflation is Australia's top priority: Dawkins
      151 5 Reuter SYDNEY Australian Treasurer John Dawkins said low inflation was the top priority of the government. "Nothing is more important to me than ensuring that inflation remains low," he said. "If we don't secure a low interest rate and low inflation rate environment
      Reuter  -  151 words
    • Article
      Lock icon Japan builders fear slump after bribery scandals
      451 5 Reuter TOKYO Japanese companies are worried that recent bribery scandals involving construction firms will slow public works projects and delay recovery in the overall economy, but government officials say such fears are groundless. "We heard that the pace of national and local governments'
      Reuter  -  451 words
    • Article
      Lock icon Govt spending must be wound back, warns Aussie central bank
      318 5 AFP SYDNEY Australia's central bank yesterday endorsed the record Asl6 billion (5517.6 billion) budget deficit announced in this week's budget, but warned government spending must be wound back in the longer term. While it supported the 1993/94 budget, delivered by
      AFP  -  318 words
    • Article
      Lock icon Indian drug firms oppose Dunkel draft
      606 5 AFP BOMBAY Indian pharmaceutical firms are pressuring the government against endorsement of the Dunkel plan on global trade, calling it a poison for the indigenous drug industry and a prescription for a national health disaster. But foreign drug firms say there is no alternative
      AFP  -  606 words
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      71 3 AUSTRAIJAWA COXSmS TWft: gO ggßflb '<Ak V-: HT BijMll M#| i Australians cuisine returns to the Compass Rose. With Liilipillis, Mud Crabs, Eucalyptus, Wattleseeds, Kangaroo Island Black Marron Tails, Goat Cheese, Water Buffalo Steak, Wild Lime, Yamba King Prawns, Rock Oysters. Experience a difference before it swishes back Down Under.
      71 words
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      133 4 TWO TROPHY I ■r mifECTMEMTC ><*255?*- I I 111 IV I IVI 111 I Substantially leased to 2009 ffl B. HL Two buildings on a corner site I Corporate tenants include Colonial fM I Mutual Joseph Banks Trust MM (astd I fEnT MHNST 12 Storey modern gjj J I B
      133 words
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      489 5 N 1796, THE SWISS GAVE BEETHOVEN JUST WHAT HE NEEDED. A GOOD COMB. niitii A FINELY TUNCO MUSICAL COMB THE SOUL OP THE REUQE MUSIC SOX Before 1796 quality cylinder on which a tune was musical entertainment was rather hard to come by, unless you could afford your own personal
      489 words
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  • REGIONAL FOCUS
    • Article, Illustration
      China to triple number of accountants by 1995
      332 6  -  Conference on Doing Business in China Itiptrts by Amy Balan SINGAPORE China plans to triple the number of registered accountants to 30,000 by 1995 to audit its mushrooming enterprise sector. And by the end of the century, the country will need 100,000
      332 words
    • Article, Illustration
      Top taxman outlines next phase of tax reforms
      542 6 SINGAPORE The next stage of China's massive tax reforms will affect corporate tax, sales tax, individual income and local taxes, said the country's top taxman. Commissioner of the State Tax Bureau Jin Xin told delegates at the three-day "Doing Business in China"
      542 words
    • Article, Illustration
      S'pore benefiting from China's offshore loans: Tony Tan
      482 6  -  By Teh Hooi Ling SINGAPORE Singapore is benefiting from China's mushrooming offshore borrowings. About USSS66 million (*****.3 million) has been raised in the offshore market for Chinese borrowers so far this year, close to the US$6OO for the whole of last year,
      482 words
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      632 6 4 iii EXCLUSIVE BENEFITS. UNIQUELY THAI. details yfcu'll enjoy special attention to any seating and Royal Orchid Plus is everything you would expect meal preferences whenever you fly with Thai. On the f from a frequent flyer programme, and more. Created ground, you'll receive regular statements showing the SPECIAL STATUS
      632 words
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  • THE WORLD
    • Article
      Lock icon OECD sees 1pc growth for W Germany in '94
      479 7 Reuter AFP BONN The Organisation for Economic Cooperation and Development (OECD) expects west Germany's gross domestic product to grow one per cent in 1994, after declining 2.5 per cent in 1993. The OECD's annual report on Germany, prepared in June, is
      Reuter; AFP  -  479 words
    • Article
      Lock icon Hardliners could still reverse all reforms, Yeltsin warns
      253 7 AP Reuter MOSCOW President Boris Yeltsin, speaking on the second anniversary of the failed August 1991 coup, warned yesterday that Russia still could face "a reactionary turnaround" that would reverse all his reforms. In the meantime, Russian parliament chairman Ruslan Khasbulatov, Mr
      AP; Reuter  -  253 words
    • Article
      Lock icon Hizbollah attack kills 8 Israelis
      105 7 AFP MARJAYOUN, Lebanon Iranian-backed Hizbollah guerillas killed eight Israeli soldiers yesterday in the bloodiest attack on the occupying army in south Lebanon for five years. Eight Israeli warplanes hit back 12 hours later by bombing four Hizbollah (Party of God) positions in eastern Lebanon's Bekaa
      AFP  -  105 words
    • Article, Illustration
      Lock icon Guess who's mum?
      50 7 Reuter LONDON Slimming Magazine's Slimmer of the Year, Eileen Mennear (left) from Romford, Essex, stands next to a large photo of her former self with her 14-year-old daughter Charlotte. Eileen reduced her weight by 50.8 kg, and at 62.6 kg can now wear daughter Charlotte's jeans Reuter
      Reuter  -  50 words
    • Article
      Lock icon US to review of Myanmar policy
      125 7 UPI WASHINGTON President Bill Clinton has ordered a review of United States policy towards Myanmar that could include a request for United Nations sanctions in an effort to stem the flow of narcotics from the world's largest heroin producer and to improve human rights,
      UPI  -  125 words
    • Article, Illustration
      Lock icon Kinkel rebuffs growing German pro-Taiwan lobby
      227 7 Reuter BONN Foreign Minister Klaus Kinkel urged Germany's growing pro-Taiwan lobby yesterday to stop pressing for arms sales to Taipei that could upset Bonn's relations with China. Mr Kinkel said the lobby's campaign to sell two submarines to Taiwan also harmed Germany's overall foreign
      Reuter  -  227 words
    • Article
      Lock icon French jobs plan focuses on lower taxes, flexible hours
      255 7 Reuter PARIS France bundled a five-year plan for job* yesterday that makes lower taxes on employers and more flexible hoars for workers key weapons in the fight against the government's biggest electoral liability, unemployment. I nverting the 55-pofat plan at a
      Reuter  -  255 words
    • Article
      Lock icon M-East population may double in 30 years
      211 7 AFP WASHINGTON The population will double over the next 30 years in the Middle East where Israel will experience the slowest growth in the region, according to a report by researchers here. The private Population Reference Bureau said that by 2025 there will
      AFP  -  211 words
    • Article
      Lock icon Wide margins in ERM won't disrupt union: Bundesbank
      466 8 FT BONN The Bundesbank said on Wednesday that the new wide margins of fluctuation within the exchange rate mechanism (ERM) of the European monetary system need not disrupt the process of monetary integration in Europe. The German central bank said the second
      FT  -  466 words
    • Article
      Lock icon Privatisation continues in Russia even as parliament and govt slug it out
      510 8 AFP MOSCOW Major privatisation is continuing in Russia in spite of the political battle between parliament and the government. Observers note that three big companies in the oil sector are going to be put up for sale, white
      AFP  -  510 words
    • Article
      Lock icon World Bank directors to discuss setting up of inspection panel
      393 8 FT WASHINGTON The World Bank board will meet next week to discuss proposals for setting up an inspection panel to review complaints about projects from executive directors or outside groups. But the draft paper circulated to directors before the meeting
      FT  -  393 words
    • Article, Illustration
      Lock icon From civil strife to civil life
      62 8 Reuter ALEXANDROU POLIS, Greece An elderly ethnic Greek woman waiting to leave the ship Viscountess after it was docked in the port of this northern Greek town on Wednesday. Some 1,000 ethnic Greek refugees from Georgia returned home on Wednesday after being evacuated from
      Reuter  -  62 words
    • Article
      Lock icon Tourists, businessmen, missionaries head for Russia's Far East
      367 8 AFP KHABAROVSK, Russia Russia's Far East, once unknown to all but the most adventurous traveller, is fast becoming a mecca for several new breeds of explorer. The new arrivals come in three varieties: those with brief-cases, those with cameras, and those with
      AFP  -  367 words
    • Article
      Lock icon Canadian foreign minister urges overhaul of UN
      304 8 Reuter TORONTO Canada's new foreign affairs minister on Wednesday called for a major overhaul of the UN, saying it had failed miserably in its peace-keeping efforts in Somalia and Bosnia. "The United Nations needs more than fine-tuning. We need fundamental improvements in the
      Reuter  -  304 words
    • Article
      Lock icon Exports to Third World boosting US economy
      560 8 NYT WASHINGTON The Third World is giving the American economy an unexpected and much-needed lift, by increasing its imports of American goods by almost one-third over the past two years, with another large jump anticipated this year. American sales to the nonindustrialised world
      NYT  -  560 words
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      6 7 Privatisation continues in Russia, Pg 8
      6 words
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      223 words
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      Page 8 Advertisements Column 3
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  • COMPANIES & MARKETS
    • Article
      International Factors posts 31pc jump in interim earnings
      356 9  -  Company's regional ventures paying off By Quak Hiang Whai SINGAPORE International Factors (Singapore) Ltd announced yesterday that its group net earnings for the six months to June 30, 1993, rose by 31 per cent to $2 million. The increase in profit was
      356 words
    • Article, Illustration
      Lock icon IFS has all the ingredients for strong growth
      739 9  -  HOCK LOCK SIEW By Quak Hiang Whai SINGAPORE With the release of its impressive interim results which showed a 31 per cent jump in earnings, we now know why the shares of International Factors (Singapore) Ltd have attracted so much attention in
      Source: Bloomberg  -  739 words
    • Article
      Lock icon KL bourse to sub-divide industrial listings
      191 9 Reuter Bernama KUALA LUMPUR The listing of industrial stocks on the Kuala Lumpur Stock Exchange will be sub-divided into four sectors from next month, the KLSE said. Industrial stocks will be reclassified as consumer products, industrial products, construction and trading/services. Four new indices will
      Reuter; Bernama  -  191 words
    • Article
      Lock icon Malaysia's UCM shares hit limit-up
      236 9 Reuter KUALA LUMPUR The shares of UCM Industrial Corp Bhd hit limit-up yesterday morning after the company announced a restructuring exercise. brokers said. The share hit its 30 per cent limit of M 55.40 on its first traded price. It closed at M 54.16 on
      Reuter  -  236 words
    • Article, Illustration
      Lock icon Tibs unable to explain price surge on Wednesday
      353 9  -  By Dexter Lee SINGAPORE Tibs Holdings told the stock exchange yesterday that it did not know why its share price surged on Wednesday. The counter jumped $1.23 to a record close of $5.95 on a relatively high turnover of 377,500 units. The
      Source: Bloomberg  -  353 words
    • Article, Illustration
      PCI picks Scotland to spearhead thrust into Europe
      384 9  -  By Claire Leow SINGAPORE Sesdaqlisted PCI Limited has picked Scotland for its European head office and technical support centre. The electronics contract manufacturer will pick a site near Glasgow within a fortnight and production will start next January with 100 staff. Chief
      384 words
    • Article
      Tonhow sinks deeper into the red as running costs jump
      236 9 SINGAPORE Higher labour and maintenance costs have plunged Tonhow Industries further into the red for the six months ended June 30. The Sesdaq-listed plastic parts and components manufacturer suffered a 38.8 per cent rise in net interim loss to $415,000
      236 words
    • Article, Illustration
      Lock icon SUMMARY
      314 9 Source: Bridge Info Perform! met of Sill's Index stocks Aug 19 la« Setae latex Stack tale factor i A» imo 1.970 -0.010 143 5.41 CAC 7.350 -0.150 5 34 SI 0( Ceretoos 6000 -0 050 4.36 27.03 FAN 14 400 1045 GF Asia 3.040 2.21 Gen Mat 1 3)0
      Source: Bridge Info  -  314 words
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      874 9 TOLL-FREE TEL. No. 1-800-737 0013 FAX:734 3698 M THE MATTER Of THE COMPANIES ACT (CHAPTER 50) AND M THE MATTER Of WESTWAY OFFSHORE CO SUPPLY PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETMG NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap 50 that
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      302 9 M THE MATTER Of THE COMPANIES ACT (CHAPTER SO) AND M THE MATTER Of HQ GARMENT PTE LTD (M MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FMAL MEETMG NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap 50 that the final Meeting of the abovenamed Company will be
      302 words
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  • COMPANIES
    • COMPANY BRIEFS
      • Article
        Lock icon CDL Hotels NZ places 18.74 m shares
        92 10 Reuter WELLINGTON CDL Hotels New Zealand Ltd has placed 18.74 million shares with local and foreign institutions at 40 NZ cents per share. CDL shares closed at 44 cents on Wednesday. The NZ$7.5 million (about 556.7 million) proceeds from the sale will be
        Reuter  -  92 words
      • Article
        Lock icon M$66.89m pre-tax profit for Zalik
        84 10 Bernama KUALA LUMPUR Stockbroking-based Zalik Bhd has chalked up a pre-tax profit of M 566.89 million (about Ss42 million) for the 18 months ended June 30, 1993 as against M$ 13.71 million recorded for the 10 months ended Dec 31, 1991. Directors say barring unforeseen
        Bernama  -  84 words
      • Article
        Lock icon MBf places out three million shares
        66 10 Bernama KUALA LUMPUR MBf Holdings Bhd announced yesterday the balance of three million MBf Capital Bhd shares were placed out on Aug 7, 1993 to investors for a total cash consideration of M 55.04 million. It said the sale would result in an extraordinary
        Bernama  -  66 words
      • Article
        Lock icon Malayan Flour Mills seeks Viet tie-up
        55 10 Bernama KUALA LUMPUR Malayan Flour Mills Bhd seeks to set up a joint venture company with Vietnam Central Food Corp 1 to produce wheat flour in Hanoi. The proposed establishment was in line with the company's expansionary programme to broaden its core flour-milling activities,
        Bernama  -  55 words
    • Article
      Lock icon Hang Seng Bank reports HK$2.75b interim profit
      224 10 Knight-Ridder HONGKONG Hang Seng Bank Ltd yesterday reported a net profit attributable to shareholders of HKS2.7S billion (*****.1 billion) for the 6 months ended June 30, against HK52.34 billion in the same period a year earlier. Earnings per share for the Jan-June period
      Knight-Ridder  -  224 words
    • Article
      Untitled
      429 10 MaMfN*' prtoaa Aug 20 htSUrMtt Fwrf SiHfSpOra Unit TrWSt Income Bond Policy 3.47 3.40 The Commerce 1.43 1.50 ftudSHtijI The Saving* Fond 1.32 1.39 PruUnk Mgd Fund 1.20 1.27 S'pore Prog Fund 0.61 0.64 ym IiimIbiiI. S pore Sec Fund 0.93 0 98xd S'pore Invest Fund 1.08 1.13 Fit* B'pulra
      429 words
    • Article
      Untitled
      635 10 Payment Ex Books Pay date close date Alex Hldgs SO* b 6 Aug 31 Sep 6 Sep 28 Asia Pac Ld 50* b 2TE Jul 26 Aug 10 Sep 8 BAT 21* I 61.9 Aug 23 Aug 27 Sep 7 Bolton b 5 Sep 6 Sep 18 Sep 28 CDL
      635 words
    • Article
      Lock icon Gula Perak profit slumps 36pc
      204 10 Bernama KUALA LUMPUR Gula Perak Bhd yesterday reported a 36 per cent fall in group pretax profit to M 5879,000 (*****,000) for the year ended March 31. Its performance was hampered by higher holding costs for some of its long-term investments. Group turnover rose 21.9
      Bernama  -  204 words
    • Article
      Earnings of Li Ka-shing's flagship groups rise sharply
      468 10  -  Hutchison Whampoa in the black, Cheung Kong's profits up 95pc From Catherine Ong in HONGKONG HONGKONG tycoon Li Kashing's two main conglomerates, Hutchison Whampoa and Cheung Kong (Holdings), have reported sharply higher profits for the first half of 1993. Hutchison, a real
      468 words
    • Article, Illustration
      Lock icon France's Accor group launches multi-million $ plan to develop 18 hotels in Vietnam
      302 10  - France's Accor group launches multi-million plan to develop 18 hotels in Vietnam By Harish Mehta SINGAPORE The Accor group of France plans to develop 18 new hotels across Vietnam in the next seven years. The company, which runs the restored five-star Pullman Metropole in Hanoi, is looking at sites in
      Photo by Harish Mehta  -  302 words
    • Article
      Former Capel man joins Morgan Grenfell Asia
      362 10  -  From Catherine Ong in HONGKONG MORGAN Grenfell Asia Securities has hired former James Capel director Peter Green as regional head of sales. Mr Green, who quit Capel over a failed £16 million (about SS39 million) Eastern European fund, joined Morgan's beleaguered Hongkong office
      362 words
    • Article
      Lock icon Reuters buys brokerage in Hongkong, eyes Asia-Pac region
      354 10 South China Morning Post HONGKONG News agency Reuters Holdings plans to expand in Hongkong by buying UK-based soft dollar brokerage firm Thamesway Investment Services from City of London trading house Barclays de Zoete Wedd. Using its wholly-owned equity transaction subsidiary, Instinct Corporation,
      South China Morning Post  -  354 words
    • Article
      Lock icon Malaysia's CCM group pre-tax profit up 4pc
      206 10 Bernama KUALA LUMPUR Chemical Company of Malaysia Bhd turned in a group pre-tax profit of M 529.2 million (5518.4 million) for the half-year ended June 30, up by 4 per cent from M 528.0 million previously. The company, in announcing its unaudited results,
      Bernama  -  206 words
    • Article
      Lock icon Construction and Supplies House may dump unprofitable investments
      293 10 Bernama KUALA LUMPUR Sabahbased Construction and Supplies House Bhd (Cash), which is undertaking a restructuring plan to put it back on a stronger footing after a difficult business period, may dispose investments in certain unprofitable companies and firms which do not meet
      Bernama  -  293 words
    • Article
      Lock icon Asian Properties offers to buy out small shareholders
      449 10 Bloomberg Business News WELLINGTON New Zea-land-listed investment group Asian Properties Ltd yesterday offered to cancel up to NZ$4 million (553.6 million) worth of shares, in a proposal aimed at small shareholders. The Hongkong-based management of the company, which owns properties in Malaysia.
      Bloomberg Business News  -  449 words
    • COMPANY BRIEFS
      • Article
        Lock icon AT&T venture to make optical fibres
        74 12 AP BEIJING The American Telephone and Telegraph Corp has formed a joint venture with three Chinese companies to manufacture optical fibres for communication use, the official Xinhua news agency said. AT&T and its partners Shanghai Optical Fibre Telecommunications Engineering Corp, Shanghai Municipal Administration of
        AP  -  74 words
      • Article, Illustration
        Lock icon BSE chief calls it a day
        95 12 Reuter BOMBAY The executive director of the Bombay Stock Exchange, Mangalapadi Ramchandra Mayya (above), stepping down after a decade, says his dream of seeing the exchange grow into the biggest bourse between Tokyo and London is coming true. "I am not just optimistic, I
        Reuter  -  95 words
      • Article
        Lock icon News Corp names new Star TV head
        88 12 Reuter HONGKONG Twentieth Century Fox executive James Griffiths was named to head Asian satellite-broadcaster Star TV, a Star statement said. Mr Griffiths is currently president of pay television and international home video for News Corp's Twentieth Century Fox. Rupurt Murdoch's News Corp acquired
        Reuter  -  88 words
      • Article
        Lock icon Taiwan Nat'l Investment's income up
        93 12 Bloomberg Business News TAIPEI National Investment Trust Co, one of Taiwan's largest mutual fund management companies, said yesterday net income for the first half of 1993 rose 13.7 per cent on the year to NT544.3 million (552.6 million). Earnings rose on stronger sales commissions and
        Bloomberg Business News  -  93 words
    • Article
      Lock icon China's cola wars brew up with Pepsi's 9th joint venture
      389 12 AFP HONGKONG China's "cola wars" heated up yesterday with Pepsi-Cola International announcing its ninth joint venture in what could well become the world's biggest single soft-drink market. The US-based food and beverage giant also revealed it would soon unveil a
      AFP  -  389 words
    • Article, Illustration
      Lock icon Toyota likely to see first-half operating loss
      340 12 Reuter TOKYO The soaring yen and continued sluggish domestic consumption are likely to force Toyota Motor Corp into a parent operating loss in the six months to December 1993, industry analysts said yesterday. Japan's top car maker will announce its group and parent
      Reuter  -  340 words
    • Article
      Lock icon Sony group earnings up 31pc on exchange gains, lower interest costs
      329 12 AFP TOKYO Japanese electronics giant Sony Corp said yesterday its group pre-tax earnings grew 31.1 per cent from a year earlier to 38.6 billion yen (*****.8 million) in the three months to June. The company said the increased earnings
      AFP  -  329 words
    • Article
      Lock icon Electrolux shares rise on better-than-expected profit
      190 12 FT STOCKHOLM Electrolux, one of the world's leading white goods manufacturers, saw its shares rise 4 per cent on Wednesday after it produced a better-than-expected first-half profit of 763 million kronor (*****.5 million). The Swedish company's result was fractionally higher than the same 1992
      FT  -  190 words
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      459 11 We think we're the best laser printer for $999. (So who are you going to believe, us or them?) Us Them Print speed of 6 ppm, not 4 ppm "For starters, the EPL-5000 is fast." wmmmmmmm "Despite its diminutive stature, it's rated for a burly, r» i c 11,000-sheet duty
      459 words
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  • Page 12 Advertisements
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      2024 12 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPAMES ACT. CAP. *0 AND M THE MATTER OF KOKUSAI SINGAPORE MERCHANTBANKJNG (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS Attn Extraordinary General Mooting of the mofrtoers of the abovenamed Company duly convened and hold TIF Tokyo Sumitomo Twm
      2,024 words
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      Page 12 Advertisements Column 2
      342 12 IN THE MATTER OF THE COMPANIES ACT. CAPS) AND TAXSO ENGINEERING PTE LTD (In Members' Voluntary Liquidation S£srs;rafl!L, ffi-M Mn ShMm Centra, nnTiltTipuitl my to i|,L AM wwm up fowfwny purwtni u Section MONk) of *oCeni»eAiee Act. Cap. SI 2) RESOIVCO tW Mfta. Oag Bm Uan to aeeokato m tooileior
      342 words
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      Page 12 Advertisements Column 3
      260 12 HTP HOLDINGS LISTED (Incorporated in Singapore) LOST SHARE CERTIFICATE Cartificata no. 02SSSO covering 1.000 eheree in Via nana of Tan Chang Hock WMam has been reported loot destroyed or mistaN). NOTICE IS HEREBY GIVEN |,m i a if; I m —ikA m«T now C®rTrT>CJnO Will D 6 iaauad and tha
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  • FINANCE & COMMODITIES
    • Article
      ECICS unit launches joint venture in S'pore
      255 13  -  By Soh Tiang Keng SINGAPORE CICS Credit Insurance, a fully-owned subsidiary of* ECICS Holdings, has launched an insurance broking joint venture with local and British partners. Its partners in th? joint venture company, known as MACS-ECICS Insurance Brokers, are United Insurance Brokers (U1B),
      255 words
    • Article
      Lock icon Traders find new TSE stock futures rules easier
      312 13 Reuter TOKYO Futures traders at foreign brokerages in Tokyo said proposed new rules for stock derivatives trading, unveiled this week by the Tokyo Stock Exchange (TSE), were much less stringent than expected. A working group led by the TSE completed plans for
      Reuter  -  312 words
    • SMALL CHANGE
      • Article
        Lock icon Boost for Willis pre-tax profit
        95 13 Bloomberg Business News LONDON Willis Corroon pic said fluctuations in exchange rates helped boost the insurance group's pre-tax profit 17 per cent in the first half of 1993. Pretax profit during the period rose to £63.1 million (S$ 150 million) from £54.1 million a year
        Bloomberg Business News  -  95 words
      • Article
        Lock icon Tokyo to advise banks on stocks
        94 13 Bloomberg Business News TOKYO Japan's Finance Ministry will urge banks not to sell stock holdings to dress up earnings in the half-year to September, the Nihon Keizai newspaper said. The move reflects the ministry's belief that the banks should keep their stocks so that
        Bloomberg Business News  -  94 words
      • Article
        Lock icon Australian bank sees instability threat
        51 13 Knight Ridder SYDNEY Australian banks' growing use of the derivatives market has prompted a warning from the nation's central bank of potential financial instability. In its August Bulletin released yesterday, the Reserve Bank of Australia warned that the derivatives market needs continual monitoring and analysis.
        Knight Ridder  -  51 words
      • Article
        Lock icon ADB admits ex-Soviet states
        67 13 Reuter MANILA The Asian Development Bank (ADB) said it admitted three former Soviet states as members, bringing its total membership to 56. The newest members of the Manila-based bank are the central Asian republics of Kazakhstan, Kyrgyzstan and Uzbekistan, it said in a statement. The three
        Reuter  -  67 words
    • Article
      Lock icon BankAmerica boosts home loans to low income group
      250 13 UPI SAN FRANCISCO Bank of America said yesterday it increased home loans to California minority and low-income customers by 50 per cent during 1992. The bank said the number of home-purchase, refinancing and home-improvement loans it wrote to blacks increased 57.4 per
      UPI  -  250 words
    • Article, Illustration
      Lock icon Bank of France governor named president of EBRD
      268 13 UPI LONDON Jacques de Larosiere, governor of the Bank of France, was named on Wednesday new president of the European Bank for Reconstruction and Development. Its former president resigned over criticism of his freewheeling spending style. A statement from the Lon-don-based bank
      UPI  -  268 words
    • Article
      Lock icon Barclays appoints outsider as chief
      198 13 AP LONDON Barclays pic, which suffered its first losses last year, announced yesterday it had gone outside the industiy to hire a new chief executive who hopes to turn things around at Britain's largest bank. Martin Taylor, chairman and chief executive of Courtaulds Textiles pic,
      AP  -  198 words
    • Article
      Lock icon Cocoa turns bitter for M'sian growers as sliding prices take their toll
      460 13 Reuter TAWAU Planters working on cocoa estates that once brought prosperity to this small Malaysian town are facing hard times as sliding prices and pests take their toll on output. Workers weave their way through thousands of trees
      Reuter  -  460 words
    • Article
      Lock icon S Korean House approves ban on aliases in bank dealings
      207 13 AP SEOUL South Korea's parliament yesterday approved a presidential decree banning false names in bank dealings as part of efforts to stamp out corruption. In the vote in the 299-mem-ber National Assembly, all but one opposition legislator supported President Kim
      AP  -  207 words
    • Article, Illustration
      Banque Indosuez REGIONAL CURRENCY REPORT
      130 13 THE US$/yen was the main mover yesterday in an otherwise quiet currency market. Bouts of intervention by BOJ coupled with short covering by traders took the US$/yen up 1 1/2 yen to a high of 102.55. Over in the USS/SS market. the US$ was bought
      130 words
    • Article
      Lock icon London
      190 13 UPI LONDON Unexpected intervention by the US Federal Reserve Board boosted the dollar against the yen, lifting the US currency more than 2 yen in London yesterday. Analysts said the Fed stepped in to buy dollars for yen at 101.6 yen, then intervened further as the dollar gained ground
      UPI  -  190 words
    • Article
      Prices weaker after report of smaller drop in stocks
      194 13 fttoomtNrf ENERGY REPORT LONDON Oil futures on both sides of the Atlantic were lower yesterday as traders said demand for petrol remains slack, while availability continues to grow. Petrol futures extended Wednesday's losses after the Department of Energy reported a smaller
      194 words
    • Article
      Lock icon New York
      84 13 AFP NEW YORK The dollar fell against most major currencies in New York yesterday after news that the US trade deficit soared to US$l2.l billion in June. The dollar was trading at 101.40 yen against 101.60 at Wednesday's close, and 102.30 earlier in the day in London. The
      AFP  -  84 words
    • Article, Illustration
      Untitled
      1576 13 rrade-netghted index (.akukued agaimj S'pore'i lop 14 trading partner* Base year l9Sf US$/S$ forward rates Noon Aug 19 St ■H (Mfcr 1-month I60M ***** 2-month ***** 1 6062 i-month I 60*5 ***** 6-month ***** ***** Srwnr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at lOaai aa Aag 19 Siinyort
      1,576 words
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  • COMMODITIES & FUTURES
    • Article
      Lock icon Euroyen weakens, Eurodollar unchanged
      1469 14 SIMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures recovered from earlier lows in late bargain hunting interest yesterday, largely on the back of institutional buying from London, traders said. "We saw some selling this morning basically because of dollar strength and also a lot of
      Reuter  -  1,469 words
    • Article
      KL tin weakens marginally
      603 14 COMMODITY REPORTS Tin TIN closed three cents lower at MS 12.20 a kg after a brief trading session yesterday, reflecting falls on the London market overnight and an initial higher offering, traders said. They noted an opening offer of 70 tonnes against bid of 54. Final
      603 words
    • KNIGHT-RIDDER COMMODITY SUMMARY
      • Article
        Mitsui sees lower aluminium demand
        103 14 TOKYO Japanese trading house Mitsui and Co has revised downwards its primary aluminium demand forecasts largely because of lower-than-expec-ted demand in Japan, according to the firm. Hie company now forecasts aluminium demand at 15.2 million tonnes, compared with 15.3 million tonnes forecast earlier this year.
        103 words
      • Article
        Taiwan copper import seen lower
        96 14 TOKYO Taiwan's copper imports are likdy to fall markedly in the second half of 1993 from tie inflated total posted in Jan-Jun, according to trade sources in Taipei. "Copper consumption has not been as good as expected," said one trader. "Evefybody is overstocked." Taiwan imported
        96 words
      • Article
        Thai export corn prices firm
        80 14 BANGKOK Offered prices for Thai export cpti continued to soar this week as fresh ideas that jp new harvest is being hurt by dry weather coincided with ongoing strong regional demand. Thai titfc com was offered yesterday at US$l45 per tonrfc FOB, up from US$l4O
        80 words
      • Article
        Strong Chinese demand for palm oil
        67 14 TOKYO Chinese demand for palm oil is expected to remain strong through September, bolstered by the upcoming mooncake festival and continued strength in the renminbi yuan against the US dollar, Asian Vade sources said. Malaysian traders said Chinese imports in September may exceed July
        67 words
  • Article
    COMMODITY PRICES
    1602 14 Rubber Aug 19 MS CMNW dlty Exdt •Of* (tut ■ros dot Jr| at at lpa) HAS (physical 1 pricos) RSS 1 Contract (S ccnts/kg) As at 12 boos (S cents/kg) Clo* Volume Open Month High Low Sett (tonnes) Interest RSS 2 Sep 93 130.25 I3I.25N Sep 93 Oct
    1,602 words
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      76 14 ANTIQUE INVESTMENT m V > ..fc RARE GERMAN 6 foot Walnut Regulator by Gustav Becker ClBBO A Fine Selection of Antique Clocks at: &imefiiece/*y(fitujtie&> #02-02 Tanglin Shopping Centre Tel/Fax: *****83 You may have been unable to get your Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your
      76 words
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      321 14 IN THE MATTER Of THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER Of ALSOFT COMPUTER SERVICES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act. Chapter 50. that the FINAL MEETING of the Members of the abovenamed Company
      321 words
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      Page 14 Advertisements Column 3
      33 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Make new business contacts throigh classification 203 in The Straits Times Classified, cjlti.
      33 words
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  • REGIONAL STOCK MARKETS
    • Article
      Australia
      1119 15 +31.6 Australian stocks hit another six-year high yesterday, fueled by strength in the US and European markets, and by solid corporate profit results, brokers said. The All Ordinaries Index surged 31.6 points, or 1.7 per cent, to 1,926.3. However, unlike many major markets in the world, it has yet
      1,119 words
    • Article
      Manila
      520 15 -6.76 Philippine share prices slid in narrow-range trading but the market was expected to perk up by the end of the month, dealers said. A jump in the price of Philippine Long Distance Telephone Co (PLDT) by five pesos to 1,130 after its overnight rise on Wall Street to
      520 words
    • Article
      Taipei
      517 15 -11.34 Taiwan stocks ended slightly weaker in thin turnover as trading interest had decreased after the ruling Nationalist Party reelected President Lee Teng-hui as party chairman on Wednesday, brokers said. The weighted index ended 11.34 points down at 4,093.41 as turnover shrank to NT$ 12.74 billion from NT518.67 billion.
      517 words
    • Article
      Seoul
      411 15 +24.79 Seoul stocks ended higher after recouping all the losses following the shock of the false-name trading ban last week as a persistent inflow of funds and a swirl of rumours the President would make a surprise announcement prompted active buying, brokers said. Brokers said 60 billion won flowed
      411 words
    • Article
      New Zealand
      286 15 +61.94 New Zealand shares again astounded even the most bullish pundits in another furious day's trade, closing up 3.16 per cent at their highest point since January 8, 1990. Carter Holt Harvey and Fletcher Challenge led the way, rollicking on after Fletcher's surprising result on Wednesday which triggered
      286 words
    • Article
      Bombay
      40 15 +85.55 Stocks rose further in afterhours kerb trading on fresh buying, as well as short-covering, brokers said. The Bombay Stock Exchange 30-share index rose 85.55 points to close at 2,700.75. The 100-share national index rose 38.09 points to 1,267.89.
      40 words
  • WORLD STOCK MARKETS
    • Article
      London
      673 15 +48.6 Shares slipped below the previous session's record peak on the London Stock Exchange yesterday when weak US trade figures deflated Wall Street and had a knock-on effect on the London Stock Exchange. The blue-chip FTSE 100-share index, which shot up 48.6 points on Wednesday to a record high,
      673 words
    • Article
      Paris
      132 15 -21.55 French shares never recovered from a knock into negative territory delivered on news of a US air raid on a military base in northern Iraq, dealers said. There was also profit-taking triggered by news German M 3 money supply rose 7.6 per cent in July, pushing back hopes
      132 words
    • Article
      Stockholm
      120 15 -0.95 pc Swedish shares closed lower as the US bombing of Iraq triggered profit-taking, which accelerated after Ericsson announced sixmonth results. The OMX-index was down 0.78 per cent at 1,036.85. During morning trade the index reached a new record high of 1,060.23. The blue-chip dominated top-16 index fell 0.94
      120 words
    • Article
      Frankfurt
      229 15 +3.26 The German share index DAX finished slightly higher, but was down from an intraday high on bearish news. The DAX closed at 1,938.98, up 3.26 points from the previous close after trading a range of 1,929.59 to 1,946.39. At 1338 GMT, the Sep DAX future was at 1,941.00,
      229 words
    • Article
      Brussels
      170 15 -5.49 Belgian stocks declined amid concern that the decline in the dollar could hurt earnings of Belgian companies with US investments, traders said. The Bel-20 Index fell 5.49 points to 1,355.10 after 429,030 shares changed hands compared with 240,000 on Wednesday. The index has see-sawed between 1,355 and 1,365
      170 words
    • Article
      Amsterdam
      239 15 -0.01 Shares prices on the Amsterdam Stock Exchange ended mixed. Stocks continued to rally during the morning hours and fell to intraday lows as demand dried up during the afternoon, traders said. The EOE Index of the leading 24 Dutch stocks shed 0.01 point to end at 355.53, only
      239 words
    • Article
      Zurich
      236 15 -3.32 Swiss shares closed a volatile and nervous day slightly easier, as players and investors positioned themselves for tomorrow's expiry of August options and futures contracts. The broad SPI was 3.32 points lower at 1,569.44 after an ealier high at 1,578.17. The SMI index of leading shares, which rose
      236 words
    • Article
      Johannesburg
      288 15 +49 Strong performances from London and New York on Wednesday set the tone for sturdy gains by South African shares on Thursday, with strong support appear- ing from firm bullion and a tight scrip supply. The JSE Industrial Index ended 49 points stronger at 4,617, the gold index added
      288 words
    • Article
      Toronto
      303 15 +0.27 Toronto stocks opened firm on fragile gains in forest products and high-tech stocks yesterday. Tlie Toronto Stock Exchange felt some positive influence from a stronger Dow Jones Industrial Average, which was up 2.80 at 3,607.66 points, they said. The TSE 300 Composite Index was up 0.27 at 4,069.58
      303 words
    • Article
      New York
      770 15 -0.84 Wall Street's blue-chip stocks were mixed in active trading yesterday as the market tried to consolidate its position above the key 3,600 level on the Dow Jones Industrial Average. At 1 pm, the Dow was off 0.84 of a point at 3,604.03. Gainers and losers were about
      770 words
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      Untitled
      739 15 Britannia Funds Sterling Cash Bid Offer Mini Cap Deposit M 6400 M 6500 Mim Jenrv Gill .0 If) 0. 1992 Mm Max laconic I 0400 I 0*00 USS Caah Income P1« Fund *10 4100 ******0 PS S Rnerve Fund J 2100 5 2200 Sfcrtiat Eerily Euro Performance 0.4)92 0 4938
      739 words
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      23 15 ROY EASTERN WATCH, #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, TEL: 734 3139. DELUXE EASTERN WATCH, #01-18/20 CENTREPOINT, TEL: 235 2536.
      23 words
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  • Article, Illustration
    Lock icon HONGKONG
    2843 16 HONGKONG Share prices ended at their fourth straight closing high on selective demand from overseas but trade was moderate with local investors sidelined ahead of corporate results due later yesterday, brokers said. The Hang Seng Index surged 44.29 points to a record high of 7,605.26 after rebounding from an
    Source: Bridge Info  -  2,843 words
  • Article, Illustration
    CHINA
    511 16 THE B share markets were very quiet yesterday with just USSI.B million traded in Shanghai and US$2OO,OOO in Shenzhen. Shenzhen is expected to be revitalised next week as all B share companies must report interims on or by August 20. Both B share indices were down slightly. The CLSA
    511 words
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    Lock icon TOKYO
    2523 16 Reuter TOKYO Tokyo stocks ended down on position adjustment due to a lack of bright incentives yesterday, brokers said. The market lost steam after the economic ministers' meeting yesterday morning failed to produce concrete measures, they said. But the bottom was supported on foreign buying on dips. "The market
    Reuter; Source: Bridge Info  -  2,523 words
  • Article, Illustration
    Lock icon BANGKOK
    1751 16 Reuter BANGKOK Thai stocks closed lower as the market consolidated gains from Wednesday, with trade still focused mostly on speculative issues, brokers said. The SET Index shed 2.66 points to 955.35 by the close, after gyrating around key support of 960 points all day. Turnover was active again at
    Reuter; Source: Bridge Info  -  1,751 words
  • Article, Illustration
    Lock icon JAKARTA
    1004 16 Reuter JAKARTA Share prices closed higher in moderate afternoon trading yesterday, brokers said. The official index rose 1.39 points to a new high at 384.82. "Firm foreign interest would limit any downside momentum at present. A local presence will keep the upbeat mood sustained for a while," a foreign
    Reuter; Source: Bridge Info  -  1,004 words
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      129 16 The Zenith Rainbow Collection Legend at Sea and on Land < £7 PrinterO automatic chronograph movement. pp H[r Jgßfc Water to 100 m or 50m. ~V i Available in gold, gold and steel or steel. m ■■bb \sj lFrr Model No. 53.0363.400 2. I^PH Ab«w« t Brymd Ht LKI Maritime
      129 words
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  • Article, Illustration
    Lock icon CLOB INTERNATIONAL
    2469 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Fafocr Group 5.411.000 Promct 4.365.000 MUI 3,936.000 MBf Capital 3.682.000 Rcnong Bhd 50c 3.595.000 FACB 50c 3.287.000 1dm Hyd 50c 3.284.000 Bedford 50c 3.245,000 Peg] Msia 3.116.000 Mctroptex 50c 2.671.000 kamunting 50c 2,185.000 Bcoaya Group 1,746,000 Kcmayan 50c 1.676.000
    Source: Bridge Info  -  2,469 words
  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Index rises further to close near 800
      5454 17 Bernama KUALA LUMPUR The Kuala Lumpur share market closed on a higher note yesterday with the Composite Index surging to a new high on late buying of major component stocks. The KLSE Composite Index rose 7.8 points to 798.82 as fund managers bought
      Bernama; Source: Bridge Info  -  5,454 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Lock icon Market ends four-day run-up on profit-taking
      7716 18  -  By Sylvia Wong SINGAPORE Profit-taking checked the rise in the Straits Times Industrials Index yesterday, ending its four-day record-break-ing run. After hitting an all-time high of 1.962.79 in early trade, the STII slid for the rest of the session. It ended 2.62 points down
      Source: Bridge Info  -  7,716 words
    • Article, Illustration
      Lock icon Public Bank
      63 18  -  Quak Hiang Whai PUBLIC Bank has traded to major resistance at $1.40, a level it has not stayed above comfortably this year. However, it has broken out of a downward sloping trend line, which could be a prelude to a surge towards SI.SO. Rising RSIs appear to suggest
      SOURCE: BRIDGE INFO  -  63 words
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  • SPORTS
    • Article, Illustration
      Lock icon Norman philosophical about loss
      352 19 Goir Reuter CASTLE ROCK, Colorado Three days after another heartbreaking near-miss in a major golf championship, Greg Norman is trying to come to terms with his PGA Championship play-off loss to Paul Azinger. Norman, who has finished runner-up six times in a major championship, and lost
      Reuter  -  352 words
    • Article, Illustration
      Lock icon Ottey still has a chance for gold in 200 m
      584 19 4th World Athletics Championship AP STUTTGART Merlene Ottey might get her gold medal after all. Not in the 100 m, in the 200. After losing the 100 m in a photo finish, the Jamaican sprinter had another chance yesterday in
      AP; Reuter  -  584 words
    • Article
      Lock icon Gunnell wins 400 m hurdles in record time
      159 19 AFP AP STUTTGART Sally Gun■ell of Britain act a world record of 52.74kc to win the women's 400 a hardies final yeataday. The old record of 52.94 was set by Marina Stepanora of Russia m HK Jamaica's Merleae Ottey chaigU into the
      AFP; AP  -  159 words
    • Article
      Lock icon China making its way quickly up the sports ladder
      459 19 AP STUTTGART If strength lies in numbers, it will only take time before China rules the world of sports. Communist China has steadily made inroads into the medal tables and is continuing the trend here. China is in third place halfway
      AP  -  459 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        69 19 Reuter NEW YORK American League Wednesday: Texas 4 NY 2; Oakland 2 Milwaukee 1; Baltimore 8 Seattle 1; Toronto 7 Cleveland 6 (11); Boston 5 Chicago 0; Kansas 5 Minnesota 2; Detroit 8 California 6. National: Chicago 2 Montreal 0, NY 12 Cincinnati 2; SF 9 Pittsburgh 6; Atlanta
        Reuter  -  69 words
      • Article, Illustration
        Lock icon Hockey
        34 19 AP POZNAN, Poland Intercontinental Field Hockey Cup qualifying tournament day one Group A: Malaysia 4 Canada 2; Spain 7 Cuba 0; South Korea I Ireland 0. Grp B: Poland 2 India 2. AP
        AP  -  34 words
      • Article, Illustration
        Lock icon Tennis
        376 19 Reuter Reuter Reuter NEW HAVEN, Connecticut Volvo International Tournament 2nd rd Wednesday: Ivan Lcndl (US) b Joem Renzenbrink (Ger) 6-7 6-3 6-2; Sandon Stolle (Aust) b Neil Borwick (Aust) 7-6 2-6 6-4; Kelly Jones (US) b Grant Stafford (SA) 6-3 6-3; Richard Krajicek (Neth) b Todd Woodbridge (Aust) 7-6
        Reuter  -  376 words
    • SIDE LINES
      • Article
        Alvin Khoo wins HK Junior Open B
        126 19 HONGKONG Singapore's Alvin Khoo shot an 87 yesterday to win the Class B title at the Hongkong Junior Open Championships at the Discovery Bay Golf Club on Lantau Island. Playing in the boys' 12-14 years category, Alvin added to his first day 78
        126 words
      • Article, Illustration
        Lock icon Pedalling to a world record
        50 19 Reuter HAMAR, Norway French cyclist Philippe Ermcnault rounding a comer on his way to a world record time during his individual pursuit qualifying race at the World Cycling Championship op Wednesday. He clocked 4min 23.2835 ec to beat his own previous record of 4:23.562. Reuter
        Reuter  -  50 words
      • Article
        Lock icon Two aces better than one
        114 19 AP BELLE VERNON, Pennsylvania Roseann Kiski's hole-in-one during her club's championship tournament was so exciting, it deserved a repeat performance. Kiski, competing on Monday in the women's championship at Cedarbrook Golf Club, had two holes-in-one during the same 18-hole round. She aced the 80-me-tre par-3
        AP  -  114 words
      • Article
        Lock icon Just glue it
        129 19 NYT STUTTGART Nike officials here seemed embarrassed on Wednesday by the flap over the flap. In the final on Tuesday of the men's 400 m in the World Championships, Quincy Watts, the American who won the Olympic gold medal last year, finished fourth. He was hampered because
        NYT  -  129 words
      • Article
        Lock icon Wallabies no longer champs: coach
        147 19 Reuter SYDNEY Australian rugby union coach Bob Dwyer says the Wallabies are no longer world champions after losses to New Zealand and South Africa. "1 don't actually think we are world champions any more," Dwyer said yesterday. "1 think that was in 1991." Dwyer said
        Reuter  -  147 words
      • Article
        Lock icon Connors doubtful for US Open
        78 19 AFP NEW YORK Five-time US Open champion Jimmy Connors reportedly does not plan to play in this year's championship, which starts on Aug 30. A New York newspaper on Wednesday quoted Connors' agent as saying the 40-year-old player "will not play in New York", although
        AFP  -  78 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      16 19 rSowTi You Bet copy of tke (bßowtnfl I sells newspepe" VIETNAM 1 PHILIPPINES' HieStiaitsTimes 1 Bugines&imes
      16 words
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      Page 19 Advertisements Column 2
      98 19 In fact, at the ANA hotel the loudest sound likely to disturb you is the dulcet tones of our musical ensemble. Or perhaps the tinkle of delicate glassware and crockery as one of our invisible waiters swishes past your ear. Throw in elegant wood panelling, muted tapestries, a location in
      98 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      1031 20 Nothing BeatsA BucL where t w,ne dine and entertain O or Make Up For Every Meal You've Had To Skip This Week JM- Sf f"w. a,. H If you've been living on a solid diet of work-and-not-much-else lately, give yourself a well-earned rest and head for the Plaza Hotel's Seafood
      1,031 words
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      Page 20 Advertisements Column 2
      233 20 11/) of >U xjualty Altebw—ilnlwm Talwyourplck. Tm&to m mmw cotmtry gSi Ihm t*ntl»i Gr&rmom Lunch: Noon 2.30 pm Onty $30++por porwon. I 151 t iwii T^rpwii i Saturday Spectacular) BbdSHm tlB The Saturday Buffet Lunch at Coteman's ncypCt%7Klfirt\ Coffee House is a weekend treat really \J worth waiting lor. This
      233 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Irrepressible Lord Archer
      930 21 Jeffrey Archer keeps bouncing back like a bad penny NYT JEFFREY Archer that's Lord Archer, actually is having the last laugh. It's an understated laugh, really more of a long, drawn-out chuckle. That's in keeping with the surroundings, the vaulted and immaculate Barry restaurant underneath the House
      NYT  -  930 words
    • Article, Illustration
      Lock icon Priscilla behind Elvis fortunes
      455 21 CHATTERBOX AP AP DESPITE Elvis Presley's worldwide fame and popularity, at the time of his death in 1977 his once-huge estate was a mere USSS million (SSB million) and dwindling. Priscilla Presley, divorced from the King of Rock'n'Roll in 1973, took charge of matters in 1979
      AP  -  455 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      221 21 Ever Wondered Why People Rush To Tanglin Shopping Centre At Night, When Most Of The Shops Are Closed 9 Something's Cooking There! What's cooking? Delicious, spicy, authentic Indonesian food. People come from all over Singapore to enjoy it. Day and night. And that really says something about our quality and
      221 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1255 21 I TV A RADIO lIHEUUIaAtiUSH I* Batty Winch, 5.00pm, SBC 12 I Featuring a self-acknowledged I "poet, the last soul man", this programme offers Worn- i ack's concert at London's Town and Country Qub an the man himself. Produced and directed JWBy :^E^Bk by Robert Lemkin and Matt /llkiini^WM McConaghv
      1,255 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      A tale of two fruits
      909 22  -  Helen Ching presents a study in contrast: NZ's kiwifruit and California's Sunkist Helen Ching WHAT is green, hairy, recently ran up a NZ$Bl.5 million (5572.5 million) debt but is now a reformed character? New Zealand's kiwifruit. And what is fat, squashy, 100 years old and
      909 words
    • Article, Illustration
      Lock icon Magazines in US go big on family fan
      702 22 NYT WHEN BMW starts advertising itself as the car for "quality carpooling." you know major movement has appeared on the sonogram of popular culture. A new brood of magazines and their advertisers have decided that it is family fun time in America.
      NYT  -  702 words
    • COPY LINES
      • Article
        Leo Burnett for Old Parr Whisky
        55 22 TOKYO Leo Burnett-Kyo-do (LBK) in Tokyo has just been awarded advertising responsibilities in Japan for United Distiller's Grand Old Parr Whisky, the top-selling super premium scotch in that country. LBK won the account from Tokyu Agency International which has been Old Parr's ad agency
        55 words
      • Article
        Jardin Optical doubles sales
        49 22 SINGAPORE A single newspaper advertisement for Jardin Optical's recent storewide promotion has led to a doubling of its sales within the first two days. The advertisement. created by Ad Grand Advertising Pte Ltd featured special offers on a variety of designer frames, lenses and sunglasses.
        49 words
      • Article, Illustration
        Malay Village appoints PR firm
        95 22 SINGAPORE Malay Village Pte Ltd has recently appointed Link Communications Pte Ltd. a local public relations company to handle all PR and promotional activities for the village. Phase Two of the project is currently under construction and is scheduled for completion at the end of
        95 words
      • Article
        Saatchi to develop core business
        72 22 LONDON Saatchi Saatchi Co chairman Maurice Saatchi said the group has begun a "cautious" investment programme to develop core businesses. This was made possible by the group's "significantly strengthened" financial position. 11c said results in the first half have improved over last year, reflecting a
        72 words
    • Article
      Carlsberg enters Thai market
      609 23  -  Alan Boyd finds out what the Danish brewer is up against Alan Boyd The writer is a Bangkok-based journalist who contributes to BT CARLSBERG has fired the first shot in a looming beer war in Thailand with a slick advertising campaign aimed at breaking the stranglehold
      609 words
    • Article, Illustration
      Lock icon Jordan's family tragedy forces ads off air
      682 23 AP Michael Jordan is among the most coveted commercial pitchmen on Madison Avenue. Advertisers pay pro basketball's perennial scoring leader millions to help drive up sales of burgers, hot dogs, cereal and shorts. But last week's news that Jordan's father had been murdered
      AP  -  682 words
    • Article
      Lock icon US$95m Diet Coke account up for grabs
      568 23 NYT COCA-COLA Co is unofficially reviewing its estimated US$95 million (about Sslso million) Diet Coke account, entertaining ideas from seven shops including Lintas New York, the agency for the brand since it was introduced in 1982. Advertising executives confirmed a report this week
      NYT  -  568 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      247 22 Inn This is a picture of one of those shots that every golfer loves. Those looking on are impressed and wish they had played it. The player has an incredible feeling that only comes when you play a great shot. And everyone puts the shot down to skill and a
      247 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      157 23 OVERSEAS? You can get newspapers magazines distributed by SPH from any of the following newspaper agents: Brunei: Current Newspaper Agency Tel *****9; Fax *****43 Far East Newspaper Service Tel: *****2; Fax *****02 Hai Bin Book Store Tel *****9; Fax *****95 Sena Book Store Tel *****0; Fax *****86 Indonesia: Firma Wira
      157 words
    • Advertisement
      Page 23 Advertisements Column 2
      652 23 o International Factors (Singapore) ltd (Incorporated in the Republic of Singapore) The Board of Directors of International Factors (Singapore) Ltd wishes to make the following announcement: 1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1993 GROUP COMPANY iw 1932 4/1-)% 1993 1992 ♦*->% srooo srooo stood srooo GROSS
      652 words
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  • Article
    Telecom: Pricing it right
    550 24 EDITORIAL FLOATING a government company is never an easy exercise. Floating one the size of Singapore Telecom is especially so. The recent announcement of the details of Telecom's long-awaited initial public offer (IPO) shows that much thought has gone into the exercise. The size of the
    550 words
  • WHAT THE OTHERS SAY
    • Article
      Paying for the past
      224 24 JAPANESE Prime Minister Morihiro Hosokawa deserves to be complimented on his reported proposal for a one-trillion-yen ($15.7 billion) fund to compensate victims of World War 11. Less than a fortnight ago, in his first news conference upon becoming premier, he acknowledged that Japan had conducted a
      224 words
    • Article
      A balanced approach
      151 24 THE Trade Development Board is now busy preparing Singapore's enhanced contact with India. This is the culmination of the nation's drive towards regionalisation. Ever since Singapore's big stride in entering the huge China market, there has been some criticism even from neighbouring countries that the move is
      151 words
    • Article
      Each to his own path
      161 24 ALONG WITH stronger business and investment ties, non-governmental links between Singapore and China have strengthened as a natural development. This is also a normal means of developing ties between nations. As English is the dominant language for politics, education and society, the possibility of stronger
      161 words
    • Article
      Optimistic about progress
      174 24 BRITAIN has injected a significant new element into the Beijing talks by tabling revised proposals for the 1995 Legislative Council elections. The move has produced a sign of optimism that it might speed up the snail's pace at which the negotiations have proceeded. The two foreign ministers,
      174 words
    • Article
      Watch out for more trouble
      130 24 THE SITUATION in the south has became very messy, and it could become worse, as two soldiers on jungle patrol in Yala province died in a terrorist ambush yesterday. The two a captain and a private died as 11 other junior soldiers suffered injuries during
      130 words
    • Article
      Worthy examples to emulate
      152 24 COUNTRIES like Japan and South Korea have basically scarce natural resources to underpin their fantastic growth records, yet they have achieved success in the shortest possible time. Largely through a combination of government policies and industrial initiatives, they have been able to overcome these "handicaps" and
      152 words
  • Article, Illustration
    Lock icon European markets ride the bull despite recession
    1103 24  -  Expecting lower interest rates and an economic recovery in Europe, investors are pouring money into the Continent's stock markets. Richard W Stevenson reports Richard W Stevenson NYT EUROPE is mired in recession. Its efforts to forge a single currency are in tatters. Unemployment
    NYT  -  1,103 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      940 24 BUSINF.S S T I M F. S TOLL-FREE TEL. No 1-800-737 0043 FAX:734 3698 MTHK MATTER OF THE COMRAM6E6 ACT. CAP 99 AM) MTMENATTBIOF (tauom Mourrmu rn ltd (In Mambars' Voluntary Liquidation) At an Extraordinary General M—■ of tha members of th« abovanamad Company duly convened and hatd on 199)
      940 words
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      Page 24 Advertisements Column 2
      287 24 MLUE*S HANDBAG AND SHOES (S) PTE LTD (Incorporated in the Republic of Singapore) (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act, Cap. 50 the Final Meeting of Members of the Company wM be held on Monday, 20th September.
      287 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      114 24 NOO GOT -rwe HOU) FN LP\D OP His P\Ge t vjONoeR towp<r s<? «£C.i»tfM-D cwEsntßA \NRDRropmo n©m rncvjpoes -rd Rer^troeeß -PgJZS-V.OUR eCJUCMED F«r*S \TV€. OSUPI RQJP*6I£ p\U_ THRT UJOCK TH£_ 1S C?Q|»>G TQPFVy.... v SOOBCC-? J PS 10CU-..... J iQs_ia s-a U*«€. HE'S OTOW& ft Pu=\He TO Btßnxjm I —/H
      114 words
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  • ANALYSIS
    • Article, Illustration
      Scientific, technical brain power provides the edge
      2693 25 Text of Dr Goh Keng Swee's keynote address yesterday at the conference on 'Doing Business in China New Developments in Accounting, Taxation, Law and Investment Opportunities' Mr ay i say Im IM how glad I I am to be I W I asked
      2,693 words
    • Article
      Aiming for a soft landing for the Chinese economy
      1685 25 44HT HAT IS the long-term I future in the optimistic X. scenario (above article). What about the present, especially this overheating of the economy? This represents one of the many problems 1 just mentioned. The present situation is not the result
      1,685 words
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  • Article
    Lock icon US June trade deficit up 44pc, highest in nearly six years
    508 26 Reuter AFP WASHINGTON The US June trade deficit soared 44 per cent to U5512.06 billion (S$ 19.36 billion), the highest monthly shortfall in nearly six years, the Commerce Department said yesterday. Imports rose 5.1 per cent from May to
    Reuter; AFP  -  508 words
  • Article
    Lock icon Rao wants India's public sector to get out of areas of low social concern
    342 26 UPI NEW DELHI Prime Minister PV Narasimha Rao said India's mammoth, problemplagued public sector should get out of "areas of low social concern" and allow market forces to operate there. "The continuance of public sector in
    UPI  -  342 words
  • Article
    Lock icon France cuts 24-hr rate but leaves other rates unchanged
    362 26 Reuter PARIS Francc moved yesterday to try to ease the pain of its high interest rates by lowering the cost of borrowing overnight money for the fourth time in two weeks. But it maintained the cautious policy which has prevailed since
    Reuter  -  362 words
  • Article
    Lock icon Indonesia did not set terms for attending Apec summit, says Alatas
    245 26 AFP JAKARTA Indonesian Foreign Minister Ali Alatas yesterday denied press reports that Indonesia had set conditions for attending a planned summit of leaders of the AsiaPacific Economic Cooperation group (Apec.) The official Antara news agency quoted Mr Alatas as
    AFP  -  245 words
  • Article, Illustration
    Time for S'pore law firms to move into Indonesia
    831 26  -  The Bottom Line BENNY S TABALUJAN BENNY S TABALUJAN The writer, a law lecturer at Nanyang Technological University, is associate editor of the Asian Business Law Review. IN SINGAPORE, there is now concern that there may be too many lawyers in
    831 words
  • Article
    Lock icon Tokyo denies war compensation fund reports
    164 26 AFP TOKYO Japan s Chief Cabinet Secretary Masayoshi Takemura yesterday denied reports that Tokyo was considering setting up a fund for war compensation that may be worth two trillion yen (5531.4 billion). "There are reports that the new government is to set up a
    AFP  -  164 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      87 26 NEC Ultra Lite Versa VERSATILITY TAKES YoTANYWHERE DO YOU KNOW... MORE SINGAPOREANS TRAVEL TO NEW ZEALAND WITH CHAN BROTHERS? MEW ZEALAND TRAVEL AGENT OF THE YEAR IN ASEAN BROTHERS TRAVEL^PTELTPj^^^^^^^^ The Two-Time Golden Kiwi Award Winner Launching of the 1993 Summer New Zealand Tours on 22nd August '93 at The
      87 words
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      Page 26 Advertisements Column 2
      84 26 IHeadVFTH^" BOHEMIA HANDMADE COLOURED CRYSTAL TULIPS SKLOVICE FACTORY-CZECH REPUBLIC r/, Jt' NOW $40^00 VASE $220 NOW w.<M>4|^ Sole Exclusive Importer Announces Clearance Due to Unauthorised Discounting by Illegal Importer. This Promotion is Now On at Authorised Shops of Sogo-Raffles City I Daimaru-Liang Court Complex I Yaohan Orchard I Metro Paragon
      84 words
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  • SHIPPING TIMES
    • Article, Illustration
      Tussle erupts over fee collection at Subic Bay
      442 27  -  From Al Labita in MANILA A TUG-OF-WAR has erupted over which government agency should collect the fees shipping lines pay for using Subic Bay, the Philippines' free port zone. The Philippine Ports Authority (PPA) insists it has the authority to collect the
      442 words
    • Article
      Lock icon US Coast Guard heeds pleas on ship standards
      281 27 Lloyd's List WASHINGTON The US Coast Guard (USCG), in a breakthrough move, has decided to seek harmonisation of many of its ship design and construction standards with those of international regimes. The USCG said it would heed the pleas of shipowners, shipyards,
      Lloyd's List  -  281 words
    • Article
      Lock icon Port states add new clause to avoid negligence lawsuits
      335 27 Lloyd's List LONDON European port states have been forced to include a new clause in ship inspection reports to avoid law suits claiming negligence in the event of a casualty following an inspection. The clause was added after some of the
      Lloyd's List  -  335 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1120 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Africa Container 15 3 Ahrenkiel Liner 4 1/2 Alpha Feeders 6 1 ANL 3 1/2 •APL 5 3-5 Appenship 18 3/4 Arabian Express 15 4 •ASCL 5 5 ASXCLShpg 15 2 Avant Shpg
      1,120 words
    • Article
      Lock icon Tanker owner to pay US$4m for oil spill
      337 27 NYT NEW YORK The owner of a tanker that spilled a quartermillion gallons of heavy fuel oil off Staten Island three years ago, fouling beaches in New York and New Jersey and oiling an endangered species of bird, has agreed to pay
      NYT  -  337 words
    • Article
      Lock icon France probes atom sub-tanker collision
      478 27 Oil pollution alert to save threatened Mediterranean beaches Reuter PARIS France's navy is probing an unprecedented collision between a nuclear-pro-pelled submarine and a supertanker in the Mediterranean that a Greenpeace environmentalist called "everyone's worst nightmare". Authorities ordered an oil pollution alert to save threatened Mediterranean
      Reuter  -  478 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        588 28 Vtssd Voy No B«rtti Armal Dcpartw* Vws«< Vty No Bfth jnjwl Ptpartun iuronx Port Bmantara 2 ION, 93 P06 19 08 1500 20 08 0800 4yu B 1608 13 aloi*side 20 08/2300 Dekabrist W601 P09A 2008/0930 2108/0900 Kabanphe 32/93 18/9 alongside 20 08/0800 Oefc Lestan 02 P01C
        588 words
      • Article
        CONTAINER SCHEDULES
        1427 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookmf/Babnce Rdts Ship Voy No Etfa/Btr Period From To From Aa Rose 43B 20/2000 1 19/1500 19/1659 19/1900 2 19/1700 20/0659 20/0900 to Violet 24A 21/1500 2 19/1700 20/0659 20/0900 4
        1,427 words
    • Article
      THE SHIPPING GUIDE
      10072 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LE6END PN: ship calls at Penang after
      10,072 words
    • Article
      DAILY FREIGHTS
      1059 43 THE BALTIC Freight Index for spot dry cargo shipping rates rose to 1.413 on Aug 18 from 1.395. Cargill and EFK were both said to have covered grain cargoes from the US Gulf to the Continent at firmer rates, brokers said Cargill has booked the 76.324-dead-weight bulk-oil earner
      1,059 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      583 43 Carton Carton August 12 Density Water Residue Mi Mnraan Sedmcnl Density Wat* Residue Mi Ahannan Sedvnent M/M %M/M Exxon Exxon KG/M*3 tV/Vt M/M M/M PPM method KG/M"3 I V/V M/M M/M PPM method ISO/Can* Units Spec E25 991 1.0 15.0 010 30* 0.10* Eastm USA 180
      583 words
    • Article, Illustration
      Lock icon Aussie drive against ships of shame
      825 44  -  A government report has made a number of recommendations, including a levy, for the improvement of safety standards on vessels operating in Australian waters. Collin Anderson reports Collin Anderson Lloyd's List Maritime Asia SAFETY costs money and for all ships calling at Australian ports
      Lloyd's List Maritime Asia  -  825 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Air Canada criticised for bid to buy rival's routes
        340 46 AFP CALGARY, Canada Air Canada's bid to buy rival Canadian Airlines' international routes is an outrageous attempt to gain a monopoly, said the chairman of PWA Corporation, Canadian's parent company, on Wednesday. "This is an outrage. Air Canada is well aware
        AFP  -  340 words
      • Article, Illustration
        Lock icon Boeing wins prestige as Nasa's main contractor
        517 46 NYT LOS ANGELES The government's selection on Tuesday of Boeing Co as the prime contractor for the redesigned space station will mean more in terms of pride and prestige for the aerospace giant than it will in jobs and revenues. In a clear
        NYT  -  517 words
      • Article
        Lock icon Northwest chiefs make best of a turbulent ride
        499 46 NYT MINNEAPOLIS This much seems certain about Northwest Airlines' co-chairmen, Alfred Checchi and Gary Wilson: They have a knack for making something better out of a bad situation. In the face of an apparently inevitable bankruptcy filing this summer, for example, they
        NYT  -  499 words
      • Article
        Lock icon Fiat ventures into Vietnam
        279 46 AFP HANOI A Vietnamese joint venture with Japan and South Korea, the Mekong Corporation, has begun assembling Fiat utility vehicles in a new plant in Hanoi, the company announced here on Wednesday. The Co Loa factory, Mekong Corp's second in Vietnam, is slated to turn out
        AFP  -  279 words
      • Article
        Lock icon German tourists stranded in US due to cancelled flights
        230 46 Reuter SAN FRANCISCO Thousands of German tourists were stranded in the US on Wednesday after a US airline cancelled flights because it had not been paid by a German tour operator. About 180 passengers, nearly all German, arrived at San Francisco
        Reuter  -  230 words
      • Article
        Lock icon Romanian train drivers return to work
        244 46 UPI BUCHAREST About 10,000 striking train drivers went back to work on Wednesday, ending a seven-day walkout that caused chaos in Romania and neighbouring countries and cost the country's economy at least US$l56 million (*****.6 million). The national railway board said services would be
        UPI  -  244 words
      • LOG BOOK
        • Article
          Turkish Airlines arrives today
          50 46 SINGAPORE An Airbus 340-300 is scheduled to arrivfc in Singapore for the first time this afternoon. Flying the Turkish Airlines livery, the 288-seat aircraft will mark the Turkish carrier's maiden flight to Singapore. Turkish Airlines will operate three non-stop flights a week between Singapore and Istanbul.
          50 words
        • Article
          Lock icon Seoul files claims for KAL downing
          124 46 AFP SEOUL The South Korean government yesterday officially filed for compensation from Russia for the 1983 Soviet downing of a Korean Airlines (KAL) jetliner which killed all 269 people on board, the Foreign Ministry said. South Korea's Ambassador to Russia Kim Suk Kyu was
          AFP  -  124 words
        • Article
          Lock icon American Airlines' best tea award
          81 46 Reuter DALLAS American Airlines won the great tea-off in what is traditionally non-American fare. The airline said on Wednesday it was awarded the 1993 Inflight Best Cup of Tea Award, also know as "the cuppa award", by The British Tea Council. American beat contenders Air
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          Lock icon Airport scanner finds arms in radio
          107 46 AP SAN FRANCISCO A million dollar scanner at the San Francisco International Airport proved its mettle when it found guns and ammunition hidden inside a portable radio. The Thermal Neutron Analysis unit one of only two in the world detected approximately 100 rounds of
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          Lock icon S Korean light vehicle exports soar
          89 46 Reuter SEOUL South Korean light vehicle exports increased nine-fold in the first seven months of this year over the same 1992 period, aided by diversifying overseas markets, a Korea Automobile Manufacturers' Association oflicial said yesterday. Seven-month exports of vehicles with engine capacity below 800
          Reuter  -  89 words
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          Lock icon Colombian, Alitalia jets collide
          76 46 AP BOGOTA A Colombian jetliner collided with an Alitalia 747 on the ground at the Bogota airport on Tuesday, civil air officials said. The Avianca MD-88 was being towed backward when it crashed into an aileron of the 747, which was parked at a gate, a
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1395 46 at) nm a nm no Hkm WwM GA970 2205 MtiaMe QF81 1930 QF82 2055 SQ227 2230 AmtardM KL837 1445 KL832 0020 SQ323 1725 KL838 2320 SQ348 2300 teddaad NZ35 1550 BAH 1505 SQ288 2030 SQ285 2015 BA12 2200 NZ36 2340 ■ilwte GF149 0650 BMh|iiN BI421 1105
        1,395 words
  • Page 27 Advertisements
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      10 27 S£S MAC-NELS HONG*®* KONG 3S^UNGS SINGAPORE:(O2)-*****22 JKT:(2I >-*****07 PK:(03)-*****77 PEN:(O4)-*****6
      10 words
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      Page 27 Advertisements Column 2
      17 27 Um« and MfffcM r*pr*Mnt«d SS£»J tmtfß inns MMCUuOvi. v ftr advertising enquiries, contact Shipping Tnes: Tel 740-2089/740-2090
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      Page 27 Advertisements Column 3
      286 27 the FAMOUS I Vik/'JMMA ■il.HII.'l J1M1833 I For more information please refer to Pg. IS Aussie drive against ships of shame, Pg 18 Air Canada criticised for bid to buy rival's routes, Back Page NowS your Ift chance to pay 11 tribute to II the spirit of entrepreneurship 11 p
      286 words
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      462 28 TSKIJNE AGENCCS (S) PTE. LTD. j rI 1 |7 V *W]Tn Tel: 226-3363 i *k3* M\* I lIMr Fax: 226-1972/3 rat/W *7 w Tb: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I i mm m KflnaaHft mam. tawan i OtfipOMHft fjt't" 3ti| I yw"''"'" IWfr HKAWA I 328
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      Page 28 Advertisements Column 2
      1441 28 I i Ji'/m Jr\f M% Xi ,r, T.; J MMCT TO U«A WWT COAT [»C>.«>o(« OUTCTWU ro»M) WMHimimmMIIMIIM I job bl_ibb—ki—ml- m a mi .lamai twt m mm imt rrw l fiiii nriglinaailn lfrl'irirni war ttt CALtfOIMA LUNA 5* 252(1 111 13* 15*U* 14? 14* I lit 1(1 111 NORTH
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      2278 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JARO4NE SH4PPINQ AQENMS MNI BHD. TEL' *****13 FAX* *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL *****80 *****81/ *****82 IPOH TEL; *****3/4 FAX: *****6 CFS (PSA F5) TEL: *****21/
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      Page 29 Advertisements Column 2
      1756 29 U.S.A. /CANADA NEXT AVAILABLE SAILINGS SL VOYAGER V.200E ETA SIN 23RD AUGUST 93 MC-KINNEY MAERSK V.9308 ETA SIN 24TH AUGUST 93 LAUST MAERSK V.9312 ETA SIN 25TH AUGUST 93 V*m« Voy ETA ETD by SL r trT orl DESTINATIONS Tn. M. MC-KINNEY MAERSK V 9306 24'06 oaoo MRS CFS 23/06
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      Page 30 Advertisements Column 1
      1611 30 AQABA R'DAM/I [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) STON H BURG AWERP HAVRE WEST MALAYSIA HOECHST EXPRESS 10/332 21/8 30/8 5/9 8/9 11/9 13/9 15/9 Pofl Keiang. Penang TOKIO EXPRESS 12/133 25/8 11/9 14/9 12/9 Pasir Gudang DANUBE 09/333 28/8 6/9 12/9 15/9 18/9 20/9
      1,611 words
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      Page 30 Advertisements Column 2
      579 30 CnZBHj FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Voitochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam t Mongolia e Hungary CSFR e Poland ocT^Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel CTA SM VILLE
      579 words
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      Page 30 Advertisements Column 3
      1352 30 I NORASIA I" VSL/VOY SIN ALQ BCL* FEL I CHMA SEA 332W 26/08 15/09 18/09 19/09 20/09 21/09 22/09 23/09 24/09 25/09 I NORASI A AL-MUNTA2AH 9333-3 02/09 22/09 25/09 26/09 26/09 27/09 28/09 30/09 01/10 02/10 I NORASIA SAMANTHA 9334-3 09/09 29/09 02/10 03/10 03/10 04/10 05/10 07/10 08/10
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      Page 31 Advertisements Column 1
      1876 31 STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 Kcppd Towers Singapore 0208 Td: *****58 Fax: *****17 < WSWBEmMMMSMmm J E (ASCMCCCHMA navigation«» ACCEPTS W9 CARGO DUE SAILS RAJAH BROOKE V2tK Muara. lab 17-11 Au| kl P» 20 h« FCL, LCL COMTAMCR ANO RNCAKRULK SERVICE TO FtfU* NEW OUMEA STIUITS
      1,876 words
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      Page 31 Advertisements Column 2
      2339 31 SINGAPORE AGENT: ■it P&O Containers Tel: 225 2233 Telex: RS ***** PNOCSP Fa*; 225 5327/222 7517 CR Number: **********0Z n* n V t I evpOUT w:* VESSEL VOV 'hM *PKO MM lit NU MT DOT NAM W «OT UN rtMtl WOT AWT *01 HOT NAM Ml Ml UN Ml fWQ
      2,339 words
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      820 32 iMum f jMjOEUßOPe^^^^]'^ I«t I wt nmnia* rani wtuml »rmr I wrww jim I nn/i I 21/10 ~</u 27/10 30/10 TO ■*flkfcgggl^NHStf EAST COAST POUTS VS. VOY rut STOtt SYD I MIIB I BWS fig AOtL wm temaser 57s 11, t 20/1 2/9 5/9 30/» mO MBIRM-M US 30/1 29/8
      820 words
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      Page 32 Advertisements Column 2
      2051 32 0 HANJIN SHIPPING FWIVSI SM LM HAUL S£A POI FOR VSI S»4 IIW HAU. SAV lIM NYC HANJIN KOAHSUN6 01X 26/8 09KCT IS/9 l</9 HANMN KAOHSUNG 01X 26 8 H SAVANNAH 03* 30/9 1/10 3/10 HAIUN ELIZABETH 00* 2/9 OKCT 23/9 25/9 HAIUN ELIZABETH 00* 2 9 M ASIA 01
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      Page 32 Advertisements Column 3
      1235 32 zi'i d-Ir]"l d d na ssr «ss *s pvs mtcbkkysk nro luck u pttc u* m n w ik rd a* ncr I I, J?L i 2 ,i£ ,J2 U2 !?2 i*{! i!{2 if{* n 1/1113/11 «/»a/10 a/w »/w vu w/u wu m/u t ocnmi km 7/1 vi 11/1 15/1
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      Page 33 Advertisements Column 1
      2344 33 IVyd l| sex: 'CALIFORNIA LUNA 59E' eta sgp 25/08/93 II II m II arriving LOS ANGELES 11/09/93 IN 16 DAYS HI II II AEX: 'HAKONE MARU 11E* ETA sgp 25/08/93 II I ARRIVING MEW YORK 17/09/93 IN 22 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CAUFORNUk EXPRM* (9CK) 10: MNC UftoF
      2,344 words
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      Page 33 Advertisements Column 2
      1192 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORENT LINE: *****64 FESCO: *****06 ENQURES: *****33 BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 iOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO:
      1,192 words
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      Page 34 Advertisements Column 1
      1500 34 AS AGENTS "R" LINE (SINGAPORE) PTE LTD (CM No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I 1 IVT K| A MALAYSIA: K" LINE MADITIRK (MALAYSIA) SON INO TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL: JKT *****08 fiaxiy; n
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      Page 34 Advertisements Column 2
      1085 34 PHILI-ORKNT UN€S PT€ LTD V" 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 26 AUG SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 30 AUG AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH 27 AUG
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      Page 35 Advertisements Column 1
      957 35 (SSSSfIH PACIFIC INTERNATIONAL LINES (PTE) LTD I aagagagr 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CH NO **********06 TTTTcT 1 M '^11' IM'IILM yfMCi VOY SIN BKK MM 1 VESSEL VOY SIN JUT SM ZV. IT., kotaintan sai 22/s as/s KOTA SABAS KBBI3N 22/8 2S/8 28/8 BUNGA
      957 words
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      Page 35 Advertisements Column 2
      1190 35 vessels mot wa ntnu spore mwit rotterpam outwerp thaaes u hwk WUI HE PROVENCE WW 22/00 17/ M H/W 20/00 21/00 23/00 W.U PC VEGA 9»2VH tt'M 74/W 2* 01 17/09 21/09 30/00 torn abbmmm 7now mot 01/u 03/10 04/10 05/10 >?/i> WLLE 01 SOWS IHOW 12/00 00/10 10/10 11/io
      1,190 words
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      Page 35 Advertisements Column 3
      861 35 I BSA M MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yanfon (Ranfoon) S pore P.RIf Pan P Gdf rtrr* visow 21 hut MYOMA YWA Vl4O 30 Auf AVA VI23W 2/3 Sap N/1 S* PAGAN V2OIW 6/9 Sap MALAYSIA AGENTS BOUSTEAD SHPPBIG AGENCCS KUL Ttl 03-*****00 P*L: TO.
      861 words
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      Page 38 Advertisements Column 1
      1945 38 Fail Container Liner Services u**,; m™*,; General Agents: Booking Agents: Cnan Gnan Skipping Sdn MM Cknng CMm Skipping Sdn SM R.T. Glekat Petri Indonesia Maritime Costar Shipping Rte Ltd Skipping Freigkt gooUng Centre sea IM 51 Peniaraa **a Modi Meu Let 3.34, 3rd Fleer, H. It. N. loao4a 111/23 O-l
      1,945 words
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      Page 38 Advertisements Column 2
      243 38 ftSS SHINYEI SHIPPING (S) PTE LTD 10 Anton Road #15-01/02 International Plaza Singapore 0207 Jj CR NO: **********0N HOT LINE: *****38 (8 I KOSE/YOKOHAMA 22/9 K ELUW I TOKYO/NAOOYA 22/9 BANGKOK 22/9 I I FOR BOOKINGS, PLEASE CONTACT PORT"KKLANO 22/! I DORIS, RAHMAN, 8181 PENANQ 22/9 M NATIONAL EXPRESS FORWARDERS
      243 words
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      Page 38 Advertisements Column 3
      401 38 DIRECT BREAKBULK/CONTAINER SERVICE TO NOUMEA/SUVA/LAUTOKA MV. FIJI PIONEER V 2 ETA 2/10/93 smgmw SEAWAY SHIPPING PTE. LTD. (GENERAL AGENT) NATWEST CENTRE #15-03 S PORE 0106 TEI *****33 TAX *****53 TU R*****8 PORT HEIANG GUiSV AGEMCKS JON M TEI 03-*****70/1 FA* 03 *****69 TU. MA ***** GULFPK JAKARTA PT SMUOA MXMESA
      401 words
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      Page 39 Advertisements Column 1
      660 39 (j£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 9T HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 23/08 ROTTERDAM 21/08 AARHUS/COPENHAGEN 23/08 HAMBURG/BREMEN 23/08 MARSEILLE/FRANCE 22/08 FELIXSTOWE/UK 23/08 BARCELONA/SPAIN 22/08 LEHAVRE/FRANCE 23/08 i GENOA/ITALY 21/08 ANTWERP/BELGIUM 23/08 LOS ANGELES/WC/IPI 22/08 SYDNEY/MELBOURNE 26/08 NEW YORK/EC 22/08 FREMANTLE/ADELAIDE 22/08
      660 words
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      Page 39 Advertisements Column 2
      717 39 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) ]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL ANO CONVENTIONAL VESSEL IvOY ETA LOADING FOR SPORE ANOINET 31WB 25/06 DARESSALAAM MOMBASA OJBOUTI ASSAB MASSAWA ABBAY WONZ 37W8 06/10 DARESSALAAM
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      Page 39 Advertisements Column 3
      591 39 JAKARTA BANGKOK mm vot m kt vessel [wr wmmm mmmm i ISRA BHUM 13S MP! 24/1 MRU BHUM 88N WPT 20/1 Ml 23/1 GURU BHUM 204S 21/1 25/ i DRAGON SENTQSA 49W MPT 20/« Tu. 24/1 RAM BHUM sis 23/ i vjl —I 21/8 _JV? ;rr: CHAIYA BHUM* 48N Sat
      591 words
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      Page 39 Advertisements Column 4
      386 39 DONGNAMA LlNcj cowta— mwp —tone* trmrMty/m 1 ussa vc pk m k k n] HARM V3O9M 21/1 23/1 2S/I M/l 5/1 1/1 J TULSCAS V3OTH 29/1 30 I 1/9 12/9 15/9 4 MALAYSIA GLOKT V3o9ft 4/1 C/ 9 1/9 9/9 19/9 22/9 HONGKONG ttOtT 1309N 13/1 14/1 2VI 2»/1 WOUNO
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      Page 40 Advertisements Column 1
      1892 40 PkAIMN CONTAINER LINES l~K=/\"l A 9 ents: MAC-NELS SPORE: *****22 (24 LINES) V J\S vZJc/R NO: **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/UKB/MED PORTS PEN PKL SIN EVERY TUE/THUR/SUN PEN PK SIN 20/8 21/8 22/8
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      Page 40 Advertisements Column 2
      192 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD IU lIA IT* STOW POM KtIME KNMK am im* m n/t LOidMg l 0( tblr RUVM HUDHU 31 I Dnchjiging md liMding tax Bwitof DOIPHN 2 9 lojdmg Foi HUk PKMU surnw 1,1 loadirg Foi Male UMCEDH 311 Loddartg Fo) Hak PHO6MSS
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      Page 40 Advertisements Column 3
      887 40 THONG SOON UNES PTE. LTD. Ml 78 SHENTON WAY #10-01. SINGAPORE 0207 TE: *****88 FAX NO: *****11 •fir TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER FOR BOOKING: *****55 SINGAPORE TO SARAWAK VESSEL ¥oT~ S PORE PEST VESSEL VOY S PORE PEST EQUATOR JADE 87/3E 23 AUG KUCHING
      887 words
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      Page 41 Advertisements Column 1
      840 41 WEV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPT* BREAKBULKSOC CARGOES TO/FROM KOK. YOKOHAMA, NAGOYA MO*. TOKYO*. MANILA*. DAVAO*. Ptnan|* P. Kelanj Singapore E'Msia* KAMALEVERETT VI7E 05/06 S#p KARABEVERETT VI3E 19/20 Sep 21/22 Sep IVYEVERETT V6C 06/07 Oct ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CHTTAGONG. CALCUTTA ano mongia r Kttmf Pmanf* P«ir God*i(*
      840 words
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      Page 41 Advertisements Column 2
      302 41 GLORY MmATNNN GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VN 21/8 23/S 29/8 TlffiEß TRADER V 27/8 SP PKL HCM HK KAO GLORY SELATAN IX 25/8 28/8 4/9 EXTENSION OF HCM
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      Page 41 Advertisements Column 3
      585 41 Xgc. PGSI WORLDWIDE MjjMM —CUM STINKIS LWES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Sfiantao LIAN BO NO. 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO 'PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
      585 words
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      Page 41 Advertisements Column 4
      492 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SIN DURBAN P ELIZABETH SIN FENCANSHAN Via 4 04/09 20/09 23/09 11/10 FENGKANGSMAN V 54/55 19/09 OS/IO 08/10 26/10 ALSO ACCEPTING TO JOHANNESBURG PRETORIA VIA DURBAN I BOOKMG AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MOS SIN MOTA RtA VKRAO6W 25/08
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      Page 41 Advertisements Column 5
      326 41 S!N FAR EAST 24/8 KEELUNG/KAOHSIUNG 28/8 BANGKOK 23/8 MANILA/CEBU 22/8 JAKARTA/BELAWAN/SURABAYA 22/8 PORT KELANG/PENANG/E. MALAYSIA 22/8 BUSAN 22/8 TOKYO/YOKO/KOBE/NGO/OSA 22/8 HONG KONG SIN CHjNA 22/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN SHANGHAI/ XINGANG TIAN JIN QINGDAO/ HAIKOU also accepting LCL cargo SIN EUROPE/UK 23/8 LDN/FLX/LVP/SOU 23/8 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech.
      326 words
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      Page 42 Advertisements Column 1
      766 42 <MT W HFtBS MEMOES HOWS KONG/CHINA 22/8* 29/8 JAKARTA 22/8 29/8 BANGKOK 21/8 A 25/8 MANILA 23/8 30/8 BUSAN 22/8 ft 29/8 KEELUNG 24/Bft 31/8 TOKYO/KOBE 22/8 ft 29/8 KAOSHIUNG 21/8 ft 28/8 POUT KELAN6/PENANG 23/8 ft 30/8 YOKOHAMA 24/8 ft 29/8 COLOMBO 26/8 ft 30/8 FELIXSTOWE/HAMBUR6 23/8 ft 30/8
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      Page 42 Advertisements Column 2
      305 42 y Con term W CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND IST SEPTEMBER ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 23 AIM PORT KELAN6 23 AII6 JAKARTA 22 AIM BANGKOK 28 AW SURABAYA 29 AIM FREMANTLE 29 AUG MELBOURNE 29 AUG SYDNEY 29 AUG BRISBANE 30 AUG I GOTHENRURG 29 AUG
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      Page 42 Advertisements Column 3
      619 42 Next Week's Sailings 7 =T FIRST FORWARDER IN To: ETD To: ETD asia awarded Singapore Singapore 15 9002 by lrqa EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY \~kJT Manila SUN Ho Chi Minh FRI g mi |j yf EVERY EVERY VSSV pSsl Colombo TUE Limassol THUR LJgLJI MTERMTIONM. SEA
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      Page 42 Advertisements Column 4
      117 42 0 NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG kong/bangkok/keelung/kobe/ LOS ANGELES (LONG BEACHJ/NEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore every
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      Page 43 Advertisements Column 1
      1252 43 LINE SEMI-CONTAINERISED SERVICE EASTBOUND PORTS VOY BUENOS MONTEVBEO] OUMAH T***** TmONQKOHOI *****5 YOKOHAMA VESSELS AMES*** N. KRUPSKAVA EBOI SAILED 17/00 29/09 12 10/00 21/00 2S-20/00 01/10 POLESSK EPO2 27/00-02/00 26/00 10/00 20/00-03/10 00/10 12 10/10 21/10 OCKABRIST EBO3 24-21/00 01/10 14/10 27 20/10 03/11 0712/11 18/11 PRIO2ERSK EBO4 27/10-02/11 04/11
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      584 43 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 3.3 3.3 2.9 2.3 1.5 0.9 0.4 0.3 0.3 0.6 1.3 2.1 2.7 2.S 2.7 2.3 1.6 1.0 0.6
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      Page 44 Advertisements Column 1
      378 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANIA sm 20/08/93 VIGOUR SW6tfott fiflAlß 23/M/93 28/08/93 flaw PACrK 2SMB 27/M/93 04/09/93 WfIQW PACfIC 2SAHB 30/08/93 04/09/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG mmrwm ww 20/08/93 22/M/93 vkwuw anwra sm azsszsa 22/08/93 wwwroww mm amm
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      Page 44 Advertisements Column 2
      411 44 @APPENSHIP HAMBURG v7Vy CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASM AND FAR EAST VESSELS LOADMG PORTS USCHARGE/LOAONG FOft FLAG LEADER ANTW SLD SPORE 18/8. SHANGHAI HARMONY SEA HAMBURG SLD SPORE 1/». BKK 5/9 YEW TREE HAMBURG SLD SPORE 31/8 KOALA CONTAINER LINE STORE HI HAM ROT LEH DKK
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      Page 44 Advertisements Column 3
      209 44 OTL SIM SWEE JOO SHIPPING VA SDN. BHD. REGULAR SERVICE TO BMTULU/MRI VESSEL VOY PKL PGP KUC SIBUi BTU MIRI' IWg LOMO >ATU «5 27/8 31/8 2/9 RUAM JAVA 249 28 8 30/8 2/9 3/9 JUTA JAVA 96* ?/9 31/8 6/9 7/9 ACCEPTING FCL CONTAINERS. LCL CONSOLIDATION BREAKBULK. REEFERS AND
      209 words
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      Page 44 Advertisements Column 4
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      Page 45 Advertisements Column 3
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      5 46 INVESTMENT Tomorrow in Business Times
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      Page 46 Advertisements Column 2
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