The Business Times, 24 August 1993

Microfilm: NL18960
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA (P) 552/12/92 Tuesday August 24 1993 WE KNOW ASIA 75«
    13 words
  • 2am LATEST
    • Article
      US forex group unveils model master contract
      81 1 Reuter NEW YORK The Foreign Exchange Committee and the British Bankers Association have unveiled a model master contract for settling foreign exchange transactions in the case of a default in both the US and the UK. The new standards will require US banks
      Reuter  -  81 words
    • Article
      Nigeria's strongman to step down
      42 1 Reuter LAGOS Nigeria's military ruler General Ibrahim Babangida will step down tomorrow, a senior aide said yesterday. "I can assure you that he is leaving on Wednesday," the aide, who asked not to be named, said. Reuter
      Reuter  -  42 words
  • Article, Illustration
    MARKET SUMMARY
    110 1 Stock niriwt indices Monday Change STII 1.964.49 -7.78 KLSE Composite 805.26 -0.25 Nikkei 20.414.14 -193.12 Hang Sent 7,388.4 -156.94 SET Index 949.50 -9.18 Jakarta Composite ...390.18 +2.27 CLSA China B 943 +3.83 Aust All Ord 1.932.8 +5.7 FTSE 100 3,042 -15.6 Monday PrvIm 11m dose Dow Jones— 3.604.31
    110 words
  • Article, Illustration
    Anwar launches bid for Umno No 2 post
    722 1  -  KL stock market turns cautious From Leslie Lopez in KUALA LUMPUR MALAYSIAN Finance Minister Anwar Ibrahim yesterday announced his candidacy for the post of deputy president of the ruling United Malays National Organisation (Umno), setting the stage for a battle with Deputy
    722 words
  • Article
    Vikay offering 35m shares at 60-65 cents each today
    291 1  -  By Bernard Chew SINGAPORE Liquid crystal display maker Vikay Industrial will launch an initial public offer of shares today to be listed on the second board, Sesdaq. Sources said the company would offer 35 million new shares, including placement shares for
    291 words
  • Article
    No drop in home prices over next 12 months: Colliers
    431 1  -  By A J Leow SINGAPORE Demand for residential property in Singapore is expected to remain firm in the next 12 months, according to property consultant firm Colliers Jardine. "Impressive economic growth has boosted investor confidence and defused the general expectation
    431 words
  • Article
    Ghosts Month? High spirits in property market not spooked
    320 1  -  By Ang Wan May SINGAPORE The spirits of the property market seem to be so high that they may overwhelm the spooks let loose in this "Hungry Ghosts Month". Some property consultants are thus prepared to stick their necks out to
    320 words
  • Article
    Chinese bankers in the dark over alleged US$28b scam
    476 1 BEIJING Official Chinese bankers denied knowledge of an alleged scandal reported by a Hongkong newspaper in which banking executives were said to have siphoned off US$2B billion (5544.8 biUion) in state funds during the country's latest boom. The Sunday Morning Post
    476 words
  • Article
    Correction
    80 1 IN yesterday's report "USs2Bb bank fraud report stuns analysts in China and HK", we wrongly identified Ma Yongwei of The Agricultural Bank of China as having been sentenced to death for corruption. The bank's Singapore representative office has pointed out that Mr Ma, who is president and chief executive
    80 words
  • Article, Illustration
    HK shares plunge 157 points
    346 1  -  Fran Catherine Ong in HONGKONG HONGKONG share prices fell sharply yesterday on yet another round of rumours about the health of Chinese leader Deng Xiaoping. Brokers said that adding to the jitters was Sunday's news report that Chinese bankers had embezzled US$2B billion from the
    Source: TeleTrac  -  346 words
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      126 1 (with Panorama and Quartz date) Nikon Camera Centra Max Wieto #03-10 Cwtrtpolnt T»: *****46 *****68 CONTENTS NMt CaapMiM S pore News 2 SporMTsa _.9.10 Regional New 3.4.5 Financial 12.13 WorM New 7,8 U 27 aSSS SES 19.20 Eittonal 26 Regional 17 Sports 21 mm 17 TV/litetyte 23 Currences 16 Property
      126 words
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      26 1 Property: Pg 24,25 Full house in Shanghai hotels Japan apologises for war atrocities, Pg 5 Apology draws criticism, Pg 26 Pledge to liberalise economy, Back Page
      26 words
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      10 1 Hock Lock Siew: pg 9 China's B share market stirs
      10 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Consumer prices remain stable
        310 2  -  By Anna Teo THE INFLATION rate inched up to 2.4 per cent in July, from 2.3 per cent in June. For the first seven months of the year, the consumer price index rose by an average of 2.33 per cent compared to the same period last
        Source: Dept of Statistics  -  310 words
    • Article
      Esso to invest $440m in processing unit, retail operations here
      293 2  -  By Lilian Ang OIL GIANT Esso plans to invest a further $440 million in Singapore, most of it in a refinery upgrading project to help sharpen the company's competitive edge. The US-based group yesterday said it would build a $380
      293 words
    • Article
      Hangzhou offers US$2.6b projects to S'pore investors at trade fair
      349 2  -  By Yong Pow Ang YET another Chinese city is holding a trade and investment fair in Singapore. Hangzhou. the provincial capital of Zhejiang, is offering US$2.6 billion (554.2 billion) worth of projects in a five-day fair, starting tomorrow. This followed
      349 words
    • Article, Illustration
      Western Digital to double investment
      345 2  -  By Claire Leow CALIFORNIAN disk drive maker Western Digital will double its investment here in the next five years to almost $280 million and open a design centre next year. Western Digital president and chairman Charles Haggerty said yesterday the company would also invest in
      345 words
    • Article
      Sumitomo to setup plant making TV tube parts
      227 2 JAPAN'S Sumitomo Metal Mining Co will spend $20 million setting up a factory in Singapore to make parts for television tubes. The plant will produce frames for Sony Display Device Singapore, which makes tubes for Sony's premium Trinitron colour TV sets. Sumitomo
      227 words
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      Page 2 Advertisements Column 1
      127 2 DANIEL HECHTER PARIS distinctive menswear Boutique: 435 Orchard Road #01-29 Wisma Atria Singapore 0923 Tel: 733 5842 Alto available at leoding department stores Two Asian-managed hotels in Hangzhou, Pg 24 \ou can tell by their shirts When it comes to excellence in tailoring, distinguished statesmen, royalty and just there is
      127 words
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  • THE REGION
    • Article
      Ramos presents deficit budget to propel growth
      510 3 Budget aims to improve public services, infrastructure Reuter MANILA President Fidel Ramos yesterday sent a deficit budget to Congress for 1994 in an effort to kick-start the Philippine economy. The executive department proposed spending 362 billion pesos (5520.7 billion) to improve public services,
      Reuter  -  510 words
    • Article
      Viet minister wants to stop border trade with China
      210 3 AFP HO CHI MINH CITY Vietnamese Trade Minister Le Van Triet called for a halt to cross-border trade with China in an interview published here yesterday, saying the uncontrolled flow of goods was doing more harm than good. "You can hardly
      AFP  -  210 words
    • Article, Illustration
      Vietnam hails visit by Ranariddh, Hun Sen
      360 3 AFP, Reuter HANOI Cambodian co-pre-miers Prince Norodom Ranariddh and Hun Sen arrived here yesterday on a visit hailed by Vietnam as marking the start of a "new era" in the long-tur-bulent relations between the Indochinese neighbours. After talks with the joint leaders of
      AFP,; Reuter; AFP  -  360 words
    • Article
      New Thai airport marked for private sector
      686 3  -  Govt acts to end wrangle that threatens to stall development From Alan Boyd in BANGKOK A NEW airport serving the Thai capital will be opened up to the private sector after the government intervenes in a political struggle that threatens to stall its
      686 words
    • Article
      Indonesia's non-oil exports up 30pc despite slowdown
      406 3 JAKARTA Initial estimates show that Indonesia's non-oil exports have increased by at least 30 per cent during the first semester of this year despite a decline in world economic growth. According to the Jakarta Post. Suhadi Mangkusuwondo, vice-chairman of the Trade and Management
      406 words
    • ASIA NOTES
      • Article
        HK inflation slows down
        90 3 AFP HONGKONG Hongkong's inflation rate was 8.6 per cent in July due to a slower increase in prices of basic foods, government figures showed yesterday. The composite Consumer Price Index, based on the combined expenditure of households in all three indices, showed slower increases in prices
        AFP  -  90 words
      • Article
        KL bus drivers go on strike
        67 3 AFP KUALA LUMPUR Thousands of office workers were stranded in the Malaysian capital yesterday when bus drivers went on strike over a police crackdown on their careless driving, the national news agency Bernama said. Bus driver Borhan Amin was quoted as saying drivers of
        AFP  -  67 words
      • Article
        Indian exports expected to grow 15pc
        91 3 Reuter BOMBAY India's exports are expected to grow by 15 per cent in the current financial year ending March, against less than 3 per cent in 1992-93. Finance Minister Manmohan Singh was quoted as saying yesterday that exports grew by almost 28 per cent
        Reuter  -  91 words
      • Article
        Kuomintang's new central committee
        75 3 AFP TAIPEI Taiwan's ruling Kuomintang party reshuffled its 31-seat decision-making Central Standing Committee during a stormy session yesterday, introducing 18 new leaders to help shape party policy. Of the 31, 15 were presidential appointees, while the rest were elected from among 195 members, some of whom
        AFP  -  75 words
      • Article
        Russia's arms-for-interest offer
        95 3 AFP SEOUL South Korea will consider a Russian proposal to offer military weapons to pay overdue interest on loans, a foreign ministry official said yesterday. Russia has repeatedly told South Korea that it could supply missiles, fighter aircraft and other top-of-the-line weapons to pay the interest on
        AFP  -  95 words
    • Article
      Bank Negara says second quarter GDP due only at end-month
      262 3 Reuter KUALA LUMPUR Malaysia's ccntral bank. Bank Negara, will release second quarter gross domestic product (GDP) data at the end of the month or early September and not yesterday as expected, a spokeswoman said. Bank Negara informed news organisations last
      Reuter  -  262 words
    • Article
      Taipei moving to liberalise foreign access to market
      355 4 IHT TAIPEI Taiwan is moving to ease foreign investors' access to its stock market through a series of regulatory changes that will culminate in a doubling of the total market share open to outside funds. But not everyone is happy with the
      IHT  -  355 words
    • Article
      Deng spends a quiet birthday with family
      191 4 AFP HONGKONG Chinese leader Deng Xiaoping, who turned 89 on Sunday, spent a "quiet" birthday at home with his family, a Beijing-funded newspaper said here yesterday. Mr Deng had a strictly private celebration in Beijing because he just wanted "to share the happiness
      AFP  -  191 words
    • Article
      China sees boom in commercial property, but housing worries remain
      445 4 Reuter BEIJING China yesterday reported a dramatic boom in construction of commercial property this year but said rapid growth and a lack of cheap homes were blocking reform of the state housing sector. According to figures from the Construction Ministry
      Reuter  -  445 words
    • Article
      Beijing lost US$3.5b in real estate deals in 1992
      208 4 AFP BEIJING The Chinese government lost at least US$3.5 billion (555.6 billion) last year on state-owned land deals because the local authorities refused to hand over earnings, according to a news report. Only one billion yuan (SS2BO million) or 1.9 per
      AFP  -  208 words
    • Article
      South Korea's small businesses badly hit as black market money dries up
      522 4 Reuter SEOUL South Korean President Kim Young Sam's blitz on false-name trading may be winning popular applause but the nation's small entrepreneurs are hurting, financial analysts say. The ban, unexpectedly announced earlier this month, was the latest round
      Reuter  -  522 words
    • Article, Illustration
      Hosokawa formally apologises for Japan's wartime atrocities
      497 5 Reuter TOKYO Japanese Prime Minister Morihiro Hosokawa made a formal apology for his country's wartime atrocities in Asia in his first policy speech to parliament yesterday. But he held back from offering compensation. "1 would thus like to take this opportunity to express
      Reuter; File picture  -  497 words
    • Article
      Japan ministries told to plan deregulation measures
      185 5 Reuter TOKYO Japan's ministries were asked to draw up specific deregulation plans, which could help stimulate the country's stagnant economy, at yesterday's gathering of ministry secretariats, an Economic Planning Agency (EPA) official said. The Cabinet Secretariat, the Management and Coordina- tion Agency and
      Reuter  -  185 words
    • Article
      Opposition threatens to fight – Aussie budget in court
      378 5 Opposition threatens to fight Aussie budget in court Reuter CANBERRA Australia's budget crisis deepened yesterday with the opposition threatening a court challenge to new taxes and the release of a poll showing wide support for efforts to block the budget in Parliament. Treasurer John Dawkins warned of chaos if the
      Reuter  -  378 words
    • Article
      India's economic reforms hinge on privatisation: business leader
      379 5 Reuter BOMBAY Privatisation of India's state-dominated industry is vital to sustain the country's economic reforms and involvement of foreign companies is essential, a senior business leader said yesterday. "Privatisation will help the reforms. First of all, it will send out positive signals
      Reuter  -  379 words
    • Article
      Bangladesh reforms facing obstacles, says minister
      387 5 Reuter DHAKA Bangladesh Finance Minister Saifur Rahman said the economic reforms proposed by his government were facing obstacles, but added that the country was determined to pursue plans for a more robust economy. "1 have to face opposition even from my own party and
      Reuter  -  387 words
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      209 3 TUMMY FIRMING SPECIAL FINAL WEEKFINAL EXTENSION TILL AUBUST 31 GET RID OF 13, THAT BULGE J| IfllA FIRM UP POST-NATAL V Mm ■ill BULGES AND DROOPS UnUEMNU FOR ALL. syiiP The unique Marie France system allows the programme to be concentrated on any part of the body where fat is
      209 words
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      224 4 An air-conditioning system; that tenants can control to suit specific needs even after office hours. alarm f strategic locations -Jjgjß for a sa f e usin e s s \MWSIfSv environment. flushed-floor trunking system and a dedicated riser for wmkxMaSmm data communications. m^BSk Generators on jit MRn 191 rn nnu|
      224 words
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      116 5 Who beats our $4,200 business class fare to Europe? i ■■Bmi '<■ BimiHJH No matter where you need to go in Europe, SAS can take you there. Every clay we offer serv ice to major European business centres like Amsterdam, jffilMi" Copenhagen. Hamburg, London, Oslo, Paris and Stockholm. And now,
      116 words
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  • REGIONAL FOCUS
    • Article, Illustration
      The return of universal banking
      1018 6  -  Japan's financial system Reports by Anthony Rowley in TOKYO CONTINENTAL European style "universal banking" appears to have arrived in Japan via the back door with the proposed takeover of Cosmo Securities by Daiwa Bank. The implications for the Japanese financial system as a whole promise
      1,018 words
    • Article
      Daiwa Bank to pay 70b yen for Cosmo Securities stake
      384 6 DAIWA BANK will pay 70 billion yen (about SSI.OB billion) for a majority stake in Cosmo Securities, a securities firm which, because of a series of so-called tobashi losses, currently has a negative net worth of around seven billion yen.
      384 words
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      369 6 i MISSING FEES, PRONE TO VIRUSES, AC COMPLICATIONS? TIME TO SEE A Specialist. A llrf Wagr 'irte-^riß I, j, I W 1 r aMwjUh 11, «mJi i I j 1 1 1 I I W in B I CTVttw I e» "Vrl KKi 15 m Here's the remedy to all
      369 words
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  • THE WORLD
    • Article
      France continues its cautious approach with small rate cut
      588 7 Reuter PARIS France made its fifth small interest rate cut in a fortnight yesterday, taking no one by surprise and reaffirming its intent to ease the cost of credit. The Bank of France offered banks overnight funds at 7.75 per cent,
      Reuter  -  588 words
    • Article
      PLO official urges Arafat to resign
      113 7 AFP SIDON, Lebanon A senior Palestine Liberation Organisation military official yesterday called for Yasser Arafat to step down as leader of the PLO. Amid growing protest over the PLO leadership's handling of the Middle East peace talks and finances, Munir Maqdah urged Mr Arafat
      AFP  -  113 words
    • Article
      Russian Far East unhappy with Moscow but not planning to secede
      376 7 Reuter KHABAROVSK, Russia Leaders in one of the most powerful regions of Russia's Far East said yesterday they were becoming increasingly fed-up with Moscow's behaviour, but denied reports that they planned to break away. The local Parliament in Khabarovsk,
      Reuter  -  376 words
    • Article
      Italian rate cut unlikely until September analysts
      355 7 Reuter MILAN The Bank of Italy looks likely to wait until next month before cutting its discount rate again despite better-than-forecast August inflation data Analysts said conditions favour a 0.5 point cut in the discount rate but this hinges on a fall in
      Reuter  -  355 words
    • Article
      Finland expects tough EC talks on agriculture
      184 7 Reuter HELSINKI Finland expects difficult membership t*ll« with the European Community on how to aid farmers struggling with the oountry's harsh climate, its chief negotiator said yesterday. Veli Sundbackership said Finland would seek permanent provisions that would allow higher support for its agricultural
      Reuter  -  184 words
    • WORLD WATCH
      • Article
        US wants Taiwan extradition treaty
        78 7 AP TAIPEI The United States government is an extradition treaty with Taiwan to stop international dnig traffickers from using the island as a haven, a US oongrenman said yesterday. Despite the lack of diplomatic ties between the two countries, the treaty was proposed by congressmen
        AP  -  78 words
      • Article
        French consumer prices up 0.1pc
        63 7 AFP PARIS French consumer prices rose by 0.1 per cent in Joly from June, according to final figures released yesterday by (he INSEE institute. Prices are now up by 1.5 per cent since the fjnt of the year, while the year-00-year inflation rate on the
        AFP  -  63 words
      • Article, Illustration
        Monument to faith in the wilderness
        45 7 Reuter KIZHI, Russia A group of tourists walking from a wooden church on Kizhi island in the Karelin region in the north of Russia. Built almost 300 yean ago, Russia's largest wooden church has an unprecedented 22 cupolas. Reuter
        Reuter  -  45 words
      • Article
        Nasa optimistic about 'lost' spacecraft
        65 7 UPI PASADENA, California Nasa officials say there is no reason to think the Mars observer spacecraft is permanently lost, even though controllers have picked up no signals from the craft «wr» late Saturday. Engineers have been sending signals in an effort to override the US$4OO
        UPI  -  65 words
      • Article
        S'pore firm plans S Africa plant
        62 7 Reuter SINGAPORE Petro Pharma Pte Ltd has beoome the fint Singapore company to plan a manufacturing unit in South Africa, managing director Narasimhan Ashok said yerteiday. "A 400tonne annual capacity plant to manufacture the pamHiw drug paracetamol is under construction near Johannesburg," Mr Ashok
        Reuter  -  62 words
      • Article
        UK pay rises start to overtake inflation
        74 7 Reuter LONDON British pay rises are starting to outstrip inflation again after several months of low-level awards, acoofdii* to a survey released yesterday. Pay analyst lnoomes Data Services said most pay deals in April to June were ahead of inflation, currently at 1.4
        Reuter  -  74 words
    • Article
      Democrats' House leaders remain divided on Nafta
      587 8 Bloomberg Business News WASHINGTON House Democratic leaders won't be pushing their colleagues to support the North American Free Trade Agreement because the leaders are divided on the issue, Speaker of the House Tom Foley said on Sunday. Mr Foley also said that even
      Bloomberg Business News  -  587 words
    • Article
      Survey shows many US finns breaking pollution laws
      134 8 AP WASHINGTON Twothirds of the lawyers for US firms who responded to a survey said their companies broke at least one environmental law last year, according to a poll released on Sunday. Sixty-seven per cent of the lawyers said workers at their
      AP  -  134 words
    • Article, Illustration
      Clinton aims to dilute Republican influence over federal judiciary
      378 8 NYT WASHINGTON Although he has started it slowly, US President Bill Clinton has begun his campaign to reshape the federal judiciary, moving it away from the resolutely conservative direction of the last 12 years of Republican control of the White House.
      NYT  -  378 words
    • Article
      All in a flap over EC product standards
      635 8 AP BRUSSELS It has been, well, to put it mildly, rather embarrassing. First, there was the flap over plans by European Community bureaucrats to regulate, of all things, the noise of lawn mowers. Then the French nearly took to the streets at
      AP  -  635 words
    • Article, Illustration
      Little interest in Clinton's health-care revamp plan
      547 8 AP WASHINGTON One win often builds momentum for the next in politics, but US President Bill Clinton's deficitreduction victory may have limited his options for his upcoming push to revamp the health-care system. Some congressional Democrats visiting home for the first time since
      AP; Reuter  -  547 words
    • Article
      Party drafts blueprint for independent Quebec
      271 8 Reuter MONTREAL The separatist Parti Quebecois on Sunday completed its platform for provincial elections, expected to be held next year, as it tries to lead Quebec to independence from Canada by the end of 1995. Party leader Jacques Parizeau called the weekend convention and
      Reuter  -  271 words
    • Article
      Fed policy unlikely to change despite slow US growth
      413 8 Reuter JACKSON HOLE, Wyoming The United States' economy is dragging its feet, making it tougher to achieve the roughly 2.5 per cent growth rate expected this year, but Federal Reserve officials still think it is reachable. Moreover, lacklustre growth should hold
      Reuter  -  413 words
    • Article, Illustration
      Appearance not good judge of intelligence: study
      555 8 AP TORONTO Just how intelligent do you look? You get smart points if you're attractive, wear a friendly, self-assured expression beneath stylish hair and sport a well-proportioned body, a new study suggests. You get demerits if you look unrefined, dress unfashionably or informally
      AP; Punch  -  555 words
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      35 words
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  • COMPANIES & MARKETS
    • Article
      Prima's plan for US$70m Viet wheat mill faces hurdles
      450 9  -  Competition and absence of suitable site put project in limbo By Harish Mehta SINGAPORE Listed flour miller Prima Ltd's proposed US$7O million (SSI 12 million) wheat mill in Vietnam's Danang port is hanging in the balance. A Vietnamese official told BT
      450 words
    • Article, Illustration
      SAL Industrial Leasing's interim net earnings up 15pc
      331 9  -  By Quak Hiang Whai SINGAPORE SAL Industrial Leasing has lifted interim net earnings 15.6 per cent to $4.27 million. The rise was due to a 21 per cent drop in interest expenses to $3.8 million, a 4 per cent increase in turnover
      331 words
    • Article
      Noel Gifts posts 77pc rise in profits to $1.51m
      233 9 SINGAPORE Homegrown gifts distributor Noel Gifts International Ltd, which gained a listing on Singapore's Sesdaq board in March this year, has announced a 77 per cent growth in net profits to $1.51 million for the year ended June 30, up from
      233 words
    • Article
      China's B share market stirs, but will it slide back into slumber?
      691 9  -  HOCK LOCK SIEW By Catherine Ong HONGKONG China's B share markets are now showing signs of life, after having been in a deep slumber for the better part of this year. In the last two weeks, the respective
      691 words
    • Article
      Tat Lee Finance to raise $60m in bought deal
      251 9  -  By Quak Hiang Whai SINGAPORE Tat Lee Finance (TLF) announced plans yesterday to raise $60 million to help expand its loan portfolio and provide extra working capital. The money will be raised through a transferable loan and the issue of unsecured
      251 words
    • Article
      Horiguchi to place out 2.8m new shares
      198 9 SINGAPORE Engineering company Horiguchi Engineering Co Ltd has appointed investment banking house NM Rothschild Sons (S) Ltd to place out 2,800,000 new ordinary shares. The new shares represent 10 per cent of Sesdaq-listed Horiguchi's current paid-up capital of 28,050,000 shares of 25 cents
      198 words
    • Article
      LKN posts 80pc rise in net earnings
      265 9 SINGAPORE Property and construction group Lim Kah Ngam yesterday announced an 80 per cent rise in interim net earnings to $7.35 million. The improvement was due to stronger sales, higher margins and its share of profit in the Shanghai International Hotel Company. LKN
      265 words
    • Article, Illustration
      SUMMARY
      292 9 Source: Bridge Info Perform* MM of STII's Index stocks Aug 23 Stack LM ■alt <S) (actar INU Avimo 2.010 0 040 1.45 -7.27 car 7.100 -0.200 5.11 36.36 Ccrcbw S.U0 -0.300 4.21 54 55 FAN 14.100 -0.100 10.15 ISIS GF Ana 3.040 -0.020 2.1* 3.64 Gen Mat 1.340 0.010
      Source: Bridge Info  -  292 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Amcorp pre-tax profit leaps to M$65m
          84 10 Bernama KUALA LUMPUR Arab-Malaysian Corporation made a group pre-tax profit of M 565.45 million (5541.2 million) for the 12 months to March 31, 1993, up from M 57.67 million for the 15 months to March 31, last year. But group turnover fell 30 per
          Bernama  -  84 words
        • Article, Illustration
          Time on their hands
          34 10 Reuter BEIJING Beijing models posing at the official launch of Swatch watches at a fashion parade here yesterday. The watches will first be sold in Beijing, Shanghai and Guangzhou. Reuter
          Reuter  -  34 words
        • Article
          Ssangyong R&D on specialty materials
          53 10 SINGAPORE Ssangyong Cement has begun a research and development programme into specialty construction materials. Partly funded by a grant of $1.7 million from the National Science and Technology Board, the five-year programme is expected to bring in sales of more than $300 million over the
          53 words
        • Article
          FCC answers SES query
          55 10 SINGAPORE First Capital Corporation told the stock exchange yesterday it did not know of any reason for the recent sharp increase in its share price and volume. FCC share price closed at $5.45 last Friday, an increase of 85 cents from Aug 13. It ended yesterday
          55 words
      • Article
        Prudential Asia buys 3.8pc stake in Thai firm
        276 10 SINGAPORE Venture fund Prudential Asia Management Ltd has bought a 3.8 per cent equity interest in Thai heavy equipment distributor MEC Far East International Public Co Ltd. Prudential Asia has also undertaken to further increase its stake in MEC within four to
        276 words
      • Article
        South China Morning Post profits dip 7pc after tax bill
        549 10  -  From Catherine Ong in HONGKONG AN HKSB7 million (SslB million) tax bill, the first since its public listing in 1990, has pared annual net profits of Hongkong's most profitable newspaper group, the South China Morning Post (Holdings), by 7.1 per
        549 words
      • Article, Illustration
        Veteran exec is Thai Airways new head
        429 10  -  Reports by Loh Hui Yin in BANGKOK THAI AIRWAYS International, hit by declining profits, yesterday picked a veteran executive with a financial background as its new president. In appointing Th am noon Wanglee to the hot seat, the board of directors took the
        429 words
      • Article
        Lock icon MISC's pre-tax profit up 10.4pc
        174 10 Bernama KUALA LUMPUR Malaysian International Shipping Corporation Bhd has reported a 10.4 per cent increase in group profit before tax and other items to M 5241.5 million for the six months ended June 30, 1993, from the previous corresponding period. Announcing its unaudited results, MISC
        Bernama  -  174 words
      • Article
        Lock icon Leading HK toy maker suffers fall in profit
        156 10 AFP HONGKONG Playmates International Holdings, Hongkong's leading toy company, suffered a 16.5 per cent drop in its interim profits to HKSI46 million (about 5530.5 million). Turnover for the makers of the hugely successful Teenage Mutant Ninja Turtle range for the six months
        AFP  -  156 words
      • Article
        Lock icon UMW posts lower profit
        341 10 Bernama SHAH ALAM UMW Holdings Bhd yesterday announced a lower group pre-tax profit of M 542.44 million for the six months ended June 30, 1993 from M 580.52 million previously and a tie-up with KTM Bhd to make rolling stock. UMW Holdings group managing director Abdul
        Bernama  -  341 words
      • Article
        Lock icon News Corp likely to post record A$1b profit
        337 10 Bloomberg Business News SYDNEY Rupert Murdoch's global media giant News Corp is expected to post record full-year profit of almost AS I billion (SSI.OB billion) on a rise in revenue from advertising and continuing growth in its UK satellite broadcaster. Shares in
        Bloomberg Business News  -  337 words
      • Article
        New president called man for all seasons
        217 10 THAMNOON Wanglees strengths lie in his financial skills and good connections, which he will need to help him steer Thai Airways through bumpy stretches. Having been with the airline for 24 years, he has an intimate knowledge of its operations. The president-designate rose
        217 words
      • Article
        Untitled
        448 10 Mmmvi' whom Aut 24 htsaranct Fund IIH Tnwt Income Band Pobcy 3.)) 361 The Commerce 1.4) 1)2 Pr«d«itial The Saving* Fund 1)4 1.41 PruLink Mpd Fund 1.20 IJ7 S*pore Prat Fund 0.62 0.6) S pore Sec Fund 0.W I00*d MMn*MMpnTI S*pore Invest Fund 1 10 1.16 Fir* B'putra IS2 1.17
        448 words
      • Article
        Untitled
        641 10 a— Ex fate ii P*y tot Alex Hld(S 50* Asia Pac Ld 50* BAT 2I« Bolton CDL (2000) Cheung Kong SO* CK Tang GE Life Gentings 50* Golden Hope GPB $160 G Securities Hai Sun Hup 20* Hciu Corpn 50* Hitachi Z 20* Hutchison 25* ICB ICS IGB Coip 50*
        641 words
      • Article
        Lock icon NEC opens Vietnam office to supply telecom equipment
        584 11 Reuter, AFP HANOI Japan's NEC Corp announced yesterday the opening of a representative office in Vietnam, where it has signed three contracts to supply telecommunications equipment in the past year. "These are dynamic times in Vietnam, and we hope that our expertise
        Reuter,; AFP  -  584 words
      • Article, Illustration
        Lock icon ICL stays afloat as rivals struggle
        556 11 Reuter LONDON British computer giant ICL has more to celebrate than its 25th birthday this year as one of the few big information technology groups to have stayed profitable during a downturn that has devastated rivals. It has also defied sceptics who doubted it
        Reuter  -  556 words
      • Article
        Lock icon Aussie stocks poised for a further rally
        472 11 MARKET WATCH Reuter SYDNEY The Australian stock market, among the world's cheapest bourses, is set to continue a recent surge as investors focus on a broad-based recovery in corporate profits and a 20-year low in Australian interest rates, analysts say. The local share
        Reuter  -  472 words
      • Article
        Lock icon Microsoft tries to limit damage in ongoing case
        332 11 NYT SAN FRANCISCO In seizing the mantle of computer industry leadership from IBM. Microsoft Corp is earning the headaches of power as well as the influence. The extent of the software publisher's legal problems became clearer last Friday. Shortly after the Federal
        NYT  -  332 words
      • Article
        Lock icon NZ brewer says Foster rumour boosted share price
        262 11 Reuter WELLINGTON New Zealand brewer DB Group Ltd said recent speculation of a takeover by Australia's Foster's Brewing Group Ltd may have prompted DB's share price to rise. DB was responding to a New Zealand Stock Exchange inquiry. A spokesman for Foster's
        Reuter  -  262 words
      • Article
        Lock icon Natural Gas seeks go-ahead for takeover bid on Enerco
        271 11 Bloomberg Business News WELLINGTON New Zealand's Natural Gas Corp yesterday applied to the Commerce Commission for permission to buy 100 per cent of rival gas utility Enerco New Zealand Ltd. Gas, which is cont rolled by Fletcher Challenge and the Australian
        Bloomberg Business News  -  271 words
      • COMPANY BRIEFS
        • Article
          Lock icon Tsingtao shares to list in Shanghai
          91 11 Reuter SHANGHAI Tsingtao Brewery- Co Ltd will list A shares for domestic investors in on Aug 27, the Shanghai Securities Exchange said. It will be the first of the "Big Nine" Chinese companies with a dual listing in Hongkong and Shanghai. The 100 million
          Reuter  -  91 words
        • Article
          Lock icon China-owned firms fined by HK
          136 11 Bloomberg Business News HONGKONG The Securities Futures Commission has successfully prosecuted three companies controlled by the authorities in southern China for failing to make timely disclosure of their shareholdings in Hongkong listed companies. Guangdong Enterprises (Holdings) and its subsidiaries Wincall Investment and Amchamp Trading pleaded
          Bloomberg Business News  -  136 words
        • Article
          Lock icon Deloitte Touche to set up Vietnam office
          93 11 Reuter SINGAPORE Deloitte Touche Tohmatsu International said it has received approval from the US government to set up a representative office in Ho Chi Minh City. The accounting firm, which is in the process of seeking permission from the Vietnam government to set
          Reuter  -  93 words
        • Article
          Lock icon Aussie gas producer's profit up 45pc
          70 11 Bloomberg Business News ADELAIDE South Australian gas producer Sagasco Holdings Ltd said net profit in the half year ended June 30 rose 45 per cent to A 529.4 million (5531.9 million). The company said revenue in the period was up 5 per cent at
          Bloomberg Business News  -  70 words
        • Article
          Lock icon HK ferry company posts better results
          101 11 Bloomberg Business News HONGKONG Ferry operator and real estate company Hongkong Ferry (Holdings) said that its net profit rose 17.9 per cent in the six months ended June 30 due to increasing rental from its property investments. The company, which is 30.4 per cent
          Bloomberg Business News  -  101 words
        • Article
          Lock icon Silicon Graphics, Nintendo in venture
          82 11 Knight-Ridder NEW YORK Silicon Graphics Inc and Japan's video games giant Nintendo yesterday said they are entering a joint venture for video entertainment. Under the joint venture, the two companies will develop a three-dimensional Nintendo machine for home use, combining Nintendo's video game expertise with
          Knight-Ridder  -  82 words
      • Article
        Lock icon Coal & Allied profit up on higher shipments
        258 11 Coal Allied profit up on higher shipments Bloomberg Business News SYDNEY Australia's Coal Allied Industries Ltd increased net profit 22.8 per cent in the year ended June 30. reflecting higher coal shipments in the second half. The company also increased its dividend. Group net operating profit was A 559.7 million
        Bloomberg Business News  -  258 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Petronas gets 11b yen loan
          109 12 Reuter KUALA LUMPUR Malaysia's national oil firm Petronas has signed an 11 billion yen (S$ 170.9 million) syndicated term loan to refinance existing yen loans linked to its gas grid project on Labuan island, off Borneo. The loan is in two tranches, a 6.0 billion
          Reuter  -  109 words
        • Article
          Lock icon Small business loans up in Philippines
          102 12 Reuter MANILA Philippine banks extended 67 per cent more loans to small business enterprises in President Fidel Ramos' first year of office compared with the previous year, a trade official said in a report. Trade Undersecretary Emesto Ordonez said total loans to small firms
          Reuter  -  102 words
        • Article
          Aids cost Aussie insurers A$11m
          123 12 SYDNEY Insurance claims by sufferers of the Acquired Immune Deficiency Syndrome (Aids) in Australia have been rising 9 per cent a year and are costing insurers millions of dollars, insurers said. There were 203 claims for a total A 510.9 million (S$ 11.84 million) in
          123 words
      • Article
        Lock icon Domestic savings key to E Europe growth: IMF
        158 12 Reuter JACKSON HOLE, Wyoming Domestic savings are likely to be the main source of financing for the development of Eastern Europe and the former Soviet republics, International Monetary Fund officials said. "External capital may play an important, but surely not a predominant
        Reuter  -  158 words
      • Article
        Lock icon Japan unlikely to lower discount rate next month
        476 12 Reuter TOKYO The Bank of Japan (BOJ) is likely to lower its discount rate in September, around the time when the government is expected to announce new measures to stimulate the economy, money traders and economists say. Money traders are increasingly convinced
        Reuter  -  476 words
      • Article
        Lock icon C America woos loans after lost decade
        288 12 Reuter GUATEMALA CITY Emerging from its "lost decade" of wars and macroeconomic neglect, Central America is again beginning to attract multilateral loans. But, with potential lenders put off by government mismanagement, it is the private sector that is capturing a growing proportion of
        Reuter  -  288 words
      • Article
        Lock icon Sharp rise in capital outflow creates first-time deficit in UAE
        237 12 Knight-Ridder ABU DHABI Capital outflow from the United Arab Emirates rose sharply in 1992, creating a deficit in its balance of payments for the first time in its history, an official report has said. Funds transfered out of the oil-rich
        Knight-Ridder  -  237 words
      • Article
        Lock icon M'sian money supply up marginally
        582 12 Bernama KUALA LUMPUR Money supply in the country grew moderately in the first quarter of this year in line with Bank Negara's continued tight monetary stance. The broad monetary aggregate, Ml (currency in circulation and demand deposits of the private sector), rose marginally to 13.4
        Bernama  -  582 words
      • Article, Illustration
        Lock icon Old fashioned economics returns
        773 12 Central banks find monetarist rules no longer working well IHT JACKSON HOLE, Wyoming Faced with slow growth throughout the industrialised world, central banks are discovering that the supposedly iron laws of money that served them in the long fight against inflation no longer work so well.
        IHT  -  773 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Crude prices not likely to recover in short term
        620 13 Knight-Ridder NEW YORK Pockets of ample supplies and sluggish demand are undermining crude and products markets around the world, making dramatic price recoveries unlikely in the short term. Before the resumption of the UN-Iraq weapons monitoring talks on Aug 31 and
        Knight-Ridder  -  620 words
      • Article
        Lock icon Italy's Agip and Libya in major oil deals
        215 13 Reuter NICOSIA Italy's Agip SpA and Libya's National Oil Corp (NOC) last month reached major new accords giving the Italian firm a greater share of oil output in its Libyan concessions, the Middle East Economic Survey (MEES) said. It said one of
        Reuter  -  215 words
      • Article
        Lock icon Gulf states urged to nationalise oil sector
        207 13 Knight-Ridder ABU DHABI Gulf Arab states, which control 45 per cent of the world's erode, should nationalise their oil industries and limit production to prolong the life of their deposits, according to an official survey. The proposal in the survey by the Riyadh-based
        Knight-Ridder  -  207 words
      • Article
        Lock icon Asian demand likely to lift Aussie beef prices
        256 13 AFP BRISBANE, Australia A resurgence in Korean buying and strong South-east Asian demand will help trigger a surge in Australian beef export prices later this year, the Cattlemen's Union said yesterday. Union president Kerry Martin told the organisation's annual convention in the
        AFP  -  256 words
      • Article
        Prices unchanged as Iraqi oil talks resume
        432 13 Bloomberg ENERGY REPORT LONDON Oil futures prices on both sides of the Atlantic were trading about unchanged, as the resumption of Iraqi oil sale talks appear set to resume this week. Meanwhile, crude prices arc retaining some strength on concerns Nigeria's biggest oil
        432 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        127 13 DEMAND for yen resurfaced yesterday after last week's upwards correction in the US$/yen. rv,,., rj-Ln..-. ,i J kets. trading was again quiet and confined to ranges. In the US$/S$ market, the USS was sold from early mom- ing trade by offshore commercial interest. Demand for
        127 words
      • Article
        Lock icon London
        184 13 Reuter LONDON The dollar dropped back over a yen on Friday's levels in Europe, but the spectre of Federal Reserve intervention kept yen bulls in check for most of thie day. The dollar's decline gained fresh momentum in Tokyo when a policy statement by Prime Minister Morihiro Hosokawa came
        Reuter  -  184 words
      • Article
        Lock icon New York
        95 13 AFP NEW YORK The dollar was mixed in late morning trading yesterday, falling against the Japanese yen but gaining ground against the German mark in quiet trading. The dollar was trading at 103.45 yen, down from 104.35 on Friday, but rose to 1.6775 marks from 1.6750. Earlier in
        AFP  -  95 words
      • Article, Illustration
        Untitled
        1508 13 jl-T rna*-wn**kV rndrx ivkuiatni againu S'purr tap 14 irmdinf parmtn: Bmr i«r /ffil- US$/S$ forward rates .ufl Noon Auj li 1-month l .io" 2-month ***** I 60M 3-momh ***** 160U 6-month I.603S 1.607} Source: OCBC FOREIGN CURRENCY NOTE RATES As at 1«M m tag 23 Singapore dollars to omt Mil
        1,508 words
    • The Service Quality Times
      • Article, Illustration
        20,000 trained: creating a can-do mindset for service
        850 14 CANNOT, LAH. Two awful, stifling words when the airconditioner has conked out on a blistering Saturday and the service man refuses to come. Heart-rending words when the computer gobbles up a critical report at 8 pm and the 24-hour help line is
        850 words
      • Article, Illustration
        SQ Centre offering more than just training
        199 14 SERVICE quality training is essential to help companies shape the mindset and dedication of their workforce toward service excellence. But, SQ Centre goes beyond pore training to provide a fall range of products related to service quality. Whether the company needs to organise
        199 words
      • Article, Illustration
        The Carrier Man
        179 14  -  SQ Centre's 20,000 th trainee, Oi Meng How Oi Meng How Ol MENG HOW, a service technician for Carrier (Singapore) Pie Ltd, recently gained recognition as the Centre's 20,000 th participant. During his two years with Carrier, which provides airconditioning units for industrial, commercial and residential developments,
        179 words
      • Article, Illustration
        10,000th trainee ceremony
        115 14 SQ Centre's joint ventaie parents, the National Productivity Board and Singapore Airlines have had very high expectations of their offspring from birth. From the outset, NPB set its brainchild a target to train l(MWO service providers within five years. But SQ Centre has grown up much more
        115 words
      • Article, Illustration
        Nurses know no end to service
        481 14  -  10,000 th trainee, Janet Choo Janet Choo Janet Choo is now a clinical instructor at Toa Payoh Hospital. Nursing is a line where service has to come from the heart. To be a nurse, you not only have to love your job, you must
        481 words
      • Article, Illustration
        Growing up — and out
        624 15 Growing up and out SINGAPORE'S three-year old Service Quality Centre is set to go regional. From the outset, SQ Centre saw the need to share its service-oriented training programmes with Asian neighbours like Malaysia and Indonesia. Over the next three years, the joint venture between Singapore Airlines and the National
        624 words
      • Article, Illustration
        Training for trainers
        700 15  -  Josephine Ho gives the inside story about what it takes to be an SQ Centre trainer Josephine Ho mr w THE Service Quality Training Programme (SQTP) reaches out to everyone with a customer, effectively touching all industries. As such, we make sure that our trainers come from
        700 words
      • Article, Illustration
        Lock icon STAR* Profiling: Helping workers develop the service edge
        358 15 What makes the bellhop in a hotel walk down the road to hail a taxi for you? What makes a service technician miss lunch in order to accomodate your schedule? "The answer lies, not in his product knowledge or simple good manners,
        ©1993 Copyright by SQ Centre  -  358 words
      • Article, Illustration
        Satisfied clients are SQ Centre's biggest supporters
        669 15 OVER 220 companies have entrusted their staff to SQ Centre's bootcamp. During and after the training programme, SQ Centre rakes through feedback from each company in a bid to provide its own clients with the very best service possible. Richard Ellis, Singapore's top
        669 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollars end steady
        1455 16 SIMEX REPORT Reuter SINGAPORE Simcx Euroyen interest rate futures ended steady to firmer yesterday after tracking a confined range as traders shrugged of Prime Minister Monhiro Hosokawa's first policy speech as having little impact on sentiment. "There were no concrete ideas from him about how to
        Reuter  -  1,455 words
      • Article
        KL tin ends unchanged at M$12.20
        606 16 COMMODITY REPORTS Tta TIN closed unchanged at M 512.20 a kg yesterday with further European and Malaysian buying countering some miners' selling, dealers said. A higher LME last Friday helped sentiment. Volume was 83 tonnes yinst 81 on Friday, with bids 83 tonnes seen
        606 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Taiwan cotton imports drop
          73 16 TAIPEI Taiwan imported 109,795 tonnes of cotton in the first five months of this year, down from 128,391 tonnes in the same period last year, according to the Cotton Spinners Association. From January through May. the country bought 37,661 tonnes of cotton yarn, up from 34,802
          73 words
        • Article
          India can be a major soybean exporter
          63 16 Indore, India India has the potential to become a major and reliable soy meal exporter if it can reduce its dependence on the June-September monsoon and educate farmers to improve crop yields, industry officials say. Some 80 per cent of India's soybean cultivation
          63 words
        • Article
          Indon aluminium output steady
          65 16 TOKYO Output at PT Indonesia Asahan Aluminium's (Inalum) smelter on Sumatra has been steady so far this fiscal year (April-March) at the anticipated annual rate of 200,000 tonnes, says a source at Nippon Asahan Aluminium Co. The Japanese consortium owns nearly 60 per cent of the
          65 words
        • Article
          Japanese copper inventories build up
          66 16 TOKYO While Japanese smelter copper stocks are steady, inventories held by consumers and those held by smelters on behalf of consumers continue to build up, according to the Ministry of International Trade and Industry. The latest statistics from Miti show that consumer copper stocks totalled
          66 words
        • Article
          Manila delays oil deliveries
          61 16 MANILA The Philippines' West Linapacan consortium is delaying scheduled oil deliveries to contract buyers because of falling production due to water rtry. industry sources said. Production declined to 8,400 barrels per day over the weekend from 9,934 bpd a month earlier. Average daily output at West
          61 words
    • Article
      COMMODITY PRICES
      1567 16 MS CMNM My hduai tk Mtaf as at lpa) RSS I Cm tract (S cents/kg) Ooae Volume Open Month High Low Sett (tonne*) Interest Sep 93 0.00 0.00 12.75 0 525 Oct 133.00 1 32.75 1300 100 3.775 Nov 133.30 I 33.25 >3.25 350 4.625 Dec 134.00 1
      1,567 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        929 17 +5.7 Shares closed slightly higher yesterday as investors consolidated their positions after last week's strong gains. Brokers said they were surErised the upward momentum ad continued but said gains on Wall Street and expectations of a strong reporting season were behind the push. "It's pretty amazing, a good consolidation
        929 words
      • Article
        Manila
        573 17 +20.29 Share prices rose to record levels on good corporate fundamentals, liquidity and a relatively fair political climate, analysts said. But they added it was too early to say how far the rally would go and welcomed some correction. The Manila Index was up around 20 points, breaking the
        573 words
      • Article
        Taipei
        524 17 -8.36 Stocks had rebounded from early lows in sluggish trade at mid-morning amid mild bar-gain-hunting, but brokers said sentiment remained weak. The Weighted Index, which fell below 4,000 points in early trade, was 8.36 down at 4,011.99 in turnover of T55.9 billion. Several brokers said the market was in
        524 words
      • Article
        Seoul
        459 17 -7.33 Stocks ended easier in relatively weak trading as profit-taking centred on large-capitalisation shares outweighed buying of small and medium-sized counters, brokers said. The Composite Stock Index was down 7.33 points at 727.06. "Small-capitalisation counters advanced on rotational buying. But profit-taking took the toll on them near the close
        459 words
      • Article
        New Zealand
        258 17 +8.85 Shares ended at their highest point since January 1990 on heavier-than-usual volume for the start of a week. Leading the way were forester Carter Holt Harvey, up seven cents at $3.49, and investor Brierley Investments, up three to NZ$l.lB its highest point in a year. The NZSE-40
        258 words
      • Article
        Bombay
        42 17 Clmd Bombay stock and commodity markets were closed for the Parsi New Year yesterday. On Friday, the Bombay Stock Exchange (BSE) 30Share Index closed at 2,742.37, up 41.62 from the previous close. The 100-share National Index rose 20.28 points to 1,288.17.
        42 words
    • WORLD STOCK MARKETS
      • Article
        London
        613 17 -15.6 Shares closed weaker but above the day's worst levels as investors took profits after last week's buying frenzy which drove the market to record high levels. The FTSE 100 closed 15.6 points weaker at 3,042.0, some 31 points below last Wednesday's all-time closing high of 3,073.6, in modest
        613 words
      • Article
        Paris
        125 17 -16.83 Shares ended quietly lower as a lack of news deprived the market of impetus and the end of the monthly account led to some selling, dealers said. They said although the CAC-40 Index ended above support at 2,100 points, that level could be broken soon. The CAC-40 Index
        125 words
      • Article
        Milan
        160 17 +11 Blue chips pared gains late in the session but profit taking is unlikely to extend far before the Bundesbank meeting this Thursday, dealers said. "The market's still in very positive mood and should hold these levels or edge higher in the next few days," one broker said. Hopes
        160 words
      • Article
        Stockholm
        121 17 -12.64 Shares closed lower for the third straight day on weak first-half results and investor concern that shares are priced too high. "Few reports have surprised investors in a positive sense," said a trader at Svenska Handelsbanken. The blue-chip OMX index closed 12.64 points lower at 1007.3 and only
        121 words
      • Article
        Frankfurt
        203 17 -34.41 The current rally on the German share market is only the beginning of a longer period of rising prices, analysis group Deutsche Bank Research said. "This is just the start of a long-term uptrend," DB Research chief equities analyst Thomas Neisse told reporters. He expected the 30-share DAX
        203 words
      • Article
        Brussels
        178 17 -3.50 Some profit-taking and a lack of buying on the last day of the forward market pushed Belgian shares to a lower close in moderate trading. Traders expected fresh buying to push prices up tomorrow. "Apart from some prof-it-taking, there was not a lot Siing on," one trader said,
        178 words
      • Article
        Zurich
        305 17 -5.24 Swiss shares edged lower on consolidation yesterday. Dealers said they expected the market to move sideways or lower as the weaker dollar could put some extra pressure on the industrial sector. Banks could be subject to more profit taking after recent gains. Swiss Bank Corp, however, closed two
        305 words
      • Article
        Johannesburg
        321 17 +10 Gold shares came ofT in thin afternoon trade yesterday as bullion slipped, but they still closed slightly higher versus Friday's close. "There doesn't seem to be clear direction," a dealer said. The Gold Index closed seven points higher at 1,778 off the day's high of 1,797. The JSE
        321 words
      • Article
        Toronto
        242 17 -8.04 Stocks opened lower yesterday as the market experienced some profit-taking in quiet morning trade, brokers said. "There are fears out there that the market has gone as far as it can go," one trader said. The TSE 300 Composite Index fell 8.04 points to 4076.14 on volume of
        242 words
      • Article
        New York
        558 17 •11.17 The Dow Jones Industrial Average, which edged up 3.35 points to a new all-time high of 3615.48 on Friday, was down 11.17 points to 3604.31 at I lam. The New York Stock Exchange Composite Index was off 0.39 to 252.86, while Standard Sl Poors 500-Stock Index was
        558 words
      • Article
        Amsterdam
        275 17 -1.31 After a sprightly start, demand for Dutch shares petered out leaving prices weaker after a thin, aimless session. The EOE Index closed down 1.31 points at 353.97 after earlier peaking at 356.23. But dealers worried that repeated record highs of recent days may presage some hard falls were
        275 words
      • Article
        Untitled
        639 17 Britannia Finis Stcrttag Caaii BU Odtr Mini Cap Deposit *****0 *****0 MimJenryGi* AIM) ***** Mm Mu Income ***** I 0100 linn Income Phn Fund *104*00 *11 0400 PS S Rewvc Fund 5.2100 5 2200 IT'S&SS2_ ***** 0.49M Far Eat Fund *1.7650 *2.97JO Man Portfolio 194)0 2 1010 UK Groom Fund
        639 words
    • Article, Illustration
      Lock icon HONGKONG
      2700 18 Reuter PROFIT-TAKING and market rumours linked to China carved 2.08 per cent from the main share index in a thin market, brokers said. The blue chip Hang Seng index closed down 156.94 points at 7,388.4 points, just above the day's low. The All Ordinaries Index was also down 68.06
      Reuter; Source: Bridge Info  -  2,700 words
    • Article, Illustration
      CHINA
      459 18 THE CLSA Shanghai B Index closed down 7 per cent yesterday to 743 on lower volumes. Principal profit taking was seen in Vacuum, No 2 Textile and Outer Gaoqiao. Tyre and Rubber was the biggest mover, gaining 6 per cent. In Shenzhen, the CLSA B Index closed up slightly
      459 words
    • Article, Illustration
      Lock icon TOKYO
      2484 18 Reuter STOCKS ended lower for the fifth day in a row in the. lowest turnover for the year. A lack of fresh incentives from Prime Minister Morihiro Hosokawa's policy speech cast a lull, brokers said. Sluggish futures dragged down the market while most investors stayed sidelined. "What Hosokawa said
      Reuter; Source: Bridge Info  -  2,484 words
    • Article, Illustration
      Lock icon BANGKOK
      1678 18 Reuter STOCKS dropped below 950 in speculation-driven trade as little news emerged to change sentiment from last week, brokers said. The SET index closed down 9.18 points at 949.50, with just under seven billion baht worth of shares changing hands. Losses led gains 204 to 66. with 50 unchanged.
      Reuter; Source: Bridge Info  -  1,678 words
    • Article, Illustration
      Lock icon JAKARTA
      983 18 Reuter SHARE prices ended higher yesterday in moderate afternoon Jakarta trade, brokers said. "The market still looked strong and the local players were supporting well, although light profit-taking dampened broad rises." a dealer with a foreign brokerage said. BAT Indonesia, the cigarette manufacturer, jumped 600 rupiah to 3.100 on
      Reuter; Source: Bridge Info  -  983 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2431 19 Source: Bridge Info Source: Bridge Info Landmark* Bhd 14,103.000 Bedford 50c 9,470,000 Idm Hyd 50c 4,342,000 Peti Mua 5,935.000 Renon« Bhd 30c 3,138,000 Faber Group 5,019.000 FACB 50c 3,089,000 MUI 2.269,000 Promet 2,267,000 Sd Properties 1,894.000 Berjaya Group 1,365,000 Tan Choni 50c 1,169.000 Multi-Purpose 963,000 Landmarks Bhd 24.24g.7fc)
      Source: Bridge Info  -  2,431 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks end lower on profit-taking
        5266 19 Bernama SHARE prices closed slightly lower as profittaking set in following last week's rally. Some dealers said the market turned uncertain in the afternoon as Finance Minister Datuk Sen Anwar Ibrahim's announcement that he would bid for the Umno Deputy Presidency reached investors, but others
        Bernama; Source: Bridge Info  -  5,266 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon STII drops, but 2,000 by end-Aug still possible
        7139 20  -  By R Sivanithy SINGAPORE After an early run-up yesterday that saw the Straits Times Industrial Index reach an all-time high, the market succumbed to a mild bout of profit-taking, leading to a small correction that some dealers described as "long overdue". After
        Source: Bridge Info  -  7,139 words
      • Article, Illustration
        Lock icon Cycle and Carriage Ltd
        72 20  -  hbt&M: Paul Leo CYCLE and Carriage will decline to $6.80 from yesterday's dose of $7.10. But the weakness will be temporary. The daily RSI is 25 and heading south, so a further fall would push the stock deeply into the oversold region. A triangle formation on
        SOURCE: BRIDGE INFO  -  72 words
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      595 9 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 1 I IN THE MATTER OF THE COMPANIES ACT, CAP. 98 AND IN THE MATTER OF SRI GARDING TRADING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN punvaat to Sectioa 308(2) of the Companies Act. Cap. SO that the
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      174 10 SINGAPORE PRESS HOLDINGS CONTEST RULES REGULATIONS All contests organised by SPH Advertising Promotions Dept are subject to die following rules and regulations: 1. All entries must be made on the original official entry forms. Illegible or incomplete entries will be disqualified. 2. You can send in more than one entry
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      Page 10 Advertisements Column 2
      76 10 A sumptuous experience. Dishes exquisitely prepared and served to you in elegant surroundings. \jy£Music. Reminisce as we play the evergreens, at a restaurant with a difference. And the world at your feet. At such a height, you'll like the feeling and, of course, the view. rc il PfflflACLf J 1
      76 words
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      55 11 A Modem 6-Storey Warehouse Complex Incorporating Quality Office Space Within Bukit Me rah Vicinity Ready For Occupation October 93 Close Proximity to CBD and Orchard Area. Easy Access to AYE/CTE/ECP Near to Redhi MRT Station Total Lettable Area 57,000 sf Developer: SHRIRO PAPER (S) PTE LTD Sole Marketing Agent: M*
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      Page 11 Advertisements Column 2
      364 11 30 YEARS Of DEVELOPMENT IN ADDHAIR TECHNOLOGY PRODUCES STi THE SINGH HAIR SYSTEM Ate you for the Try the close-up mirror test SMQLEWUR SYSTEM? L yf Doyouseethnmngor Act quickly and seek help when you see the first receding The sooner you Q j- fyy milTOr test. Get as Close tO
      364 words
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      431 12 GOOD RETURNS > An Investment Exhibition With Good Returns T by the People's Government of Miyun County and Miyun County Synthetic Investment Co [gu Miyun County Synthetic Investment Co. is a joint venture between Miyun County People's Miyun County Government and Bank of China Beijing Branch, whichwas approved by the
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      Page 12 Advertisements Column 2
      9 12 •> LAW PAGE 4 Every Thursday, in Business l imes
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      455 13 BUSINESS TIME S TOLL-FREE TEL. NO. 1-800-737 0043 FAX:734 3698 A INFORMATICS WHOUHIMIID NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of INFORMATICS HOLDINGS LTD will bt held at the Newton Room, 120 Maxwell Road Tanjong Pagar MRT Station, Singapore 0106 on Wednesday, 15th September 1993 at 10.00
      455 words
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  • Page 16 Advertisements
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      99 16 FOR SALE JLW recommends luxurious apartments! District Development Rental Range D.09 Caimhill Tower $4700-***** D.09 Leonice View $4300-***** O D.lO ArdmorePark $5100 X5BOO D.lO Chatelet $3500-$6500 CJ D.lO Waterfall Gardens $8000-***** D.lO Le Marque $4500-***** D.15 CasaMeyfort $4500-$5500 C 3 D.15 The Waterside $4300-$5400 D.15 The Sovereign *****-$ 10,000 CJ
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      Page 16 Advertisements Column 2
      42 16 As and when the latest London/ 1 Rotterdam prices are not available, the previous trading day's closing figures are carried instead I Make new business y contacts through dassilcation 203 in The "V Straits K r Times ■-1 Classified, cla-ta 1737-I**4l b
      42 words
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      132 17 When was the last time you THF OF SIIPrARt ESWEETNESS( X iIL D 1 X X JJ/XVII L/WU V/ X OV/ VXiIJYI 1 that business meeting stretched all 1 fj through lunch? I ill SUM EASY O g Although we know that His MX<2 i 6UARD AeAIN,T SUGA> calories not
      132 words
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      140 18 Saving on laser printing costs is easy with Laser Care Toner Cartridges they're 40% cheaper with no loss in quality! That's because of our OEM* process, plus the fact that we deal direct with our customers. You'll also achieve up to 5,000 copies per cartridge, versus the normal 4,000, thanks
      140 words
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  • Page 20 Advertisements
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      142 20 Saving on laser printing costs is easy with Laser Care Toner Cartridges they're 40% cheaper with no loss in quality! That's because of our OEM* process, plus the fact that we deal direct with our customers. You'll also achieve up to 5,000 copies per cartridge, versus the normal 4,000, thanks
      142 words
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  • SPORTS
    • Article, Illustration
      Lock icon China joins the Gang of Four
      1065 21 4th World Athletics Championship AFP STUTTGART China gate crashed the athletics elite here last week and made it clear they were here to stay. The "Gang of Four" who have been controlling world athletics for the past two years the United States, Russia, Kenya
      AFP; Reuter  -  1,065 words
    • Article, Illustration
      Lock icon Mickelson cruises to dominating victory
      640 21 Golf AP CASTLE ROCK, Colorado Phil Mickelson took an 11point lead at the turn and then cruised to an overwhelming victory in The International on Sunday. The 23-year-old left-hander won his second tournament of the year by an impressive 8-point margin over Mark Calcavecchia under
      AP  -  640 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        231 21 Reuter NEW YORK American League Sunday: Cleveland 3 Boston 2(11); Detroit 5 Oakland 3; Kansas 7 NY O, Toronto 12 Seattle 7; Texas II Baltimore 4; Chicago 1 Minnesota O, Milwaukee 7 California 5. National: Atlanta 4 Chicago 3; SF 7 Florida 4; Pittsburgh 10 San Diego 5; Colorado
        Reuter  -  231 words
      • Article, Illustration
        Lock icon Golf
        350 21 Reuter AFP AP AP CASTLE ROCK, Colorado Final scores of the US$l.3 million International tournament using the modified stableford format double eagle, 8 points; eagle, 5, birdie 2, par 0, bogey -1, doable bogey or worse -3 (players US unless noted) 45: Phil Mickelson 11 7 11 16 37
        Reuter; AFP; AP  -  350 words
      • Article, Illustration
        Lock icon Hockey
        36 21 AP POZNAN, Poland First-round results Sunday in the Intercontinental Cup qualifying tournament Group A: South Korea 4. Malaysia 2; Ireland 2, Cuba 2. Group B: Argentina 1, Belgium 1; South Africa 3, France 1. AP
        AP  -  36 words
      • Article, Illustration
        Lock icon Indy racing
        71 21 Reuter ELKHART LAKE, Wisconsin Results of the Texnco/Havoline nee; 1 Paul Tracy (Can) PenskeChevrolet 2 Nigel Mansell (Brit) Cosworth (27.4595 ec behind Tracy) 3 Bobby Rahal (US) Lola-Chevro-let 4 Raul Boesel (Braz) Lola-Ford Cosworth 5 Emerson Fittipaldi (Bra) Penske- Chevrolet 6 Eddie Cheever (US) Lola-Ford Cosworth. 7 Scott
        Reuter  -  71 words
      • Article, Illustration
        Lock icon Tennis
        77 21 Reuter Reuter AP INDIANAPOLIS Result of the US$l.O4 million RCA Championships hardcourt tournament on Sanday Final: Jim Courier (US) beat 3-Boris Becker (Ger) 7-5 6-3. NEW HAVEN, Connecticut Resalt of the US$l.O4 million Volvo International tournament on Sunday Final: Andrei Medvedev (Ukr) beat Petr Korda (Czech) 7-5 6-4 TORONTO
        Reuter; AP  -  77 words
    • SIDE LINES
      • Article
        Lock icon Reynolds, Nebiolo bury the hatchet
        98 21 AFP STUTTGART Butch Reynolds and Primo Nebiolo kissed and made up here on Sunday, but their US$27 million (5543.5 million) lawsuit is still on in US courts. Nebiolo, president of the International Amateur Athletics Federation, presented Reynolds with his gold medal as part of the
        AFP  -  98 words
      • Article, Illustration
        Lock icon Couldn't have done it without you
        31 21 Reuter HAMAR, Norway World champion tandem riders Federico Paris (front) and Roberto Chiappa congratulating themselves on their victory in the sprint final on Sunday. Reuter
        Reuter  -  31 words
      • Article
        Lock icon Krabbe's ban to last till '95
        128 21 AFP STUTTGART Katrin Krabbe, 23, the 1991 double world sprint champion, has been banned until 1995 for bringing the sport into disrepute, the lAAF said yesterday. Krabbe's four-year ban for using the anabolic steroid Clenbuterol was reduced to 12 months by the German federation
        AFP  -  128 words
  • Page 21 Advertisements
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      379 21 r KM Bumu*. 1 Nam d "A* lh '"B"' Sl* 2*. 1 Ca-OWB y d i n,d 52M2# [■OT JUST 8166CR. BCTTIR. J famous cannon used in World War SUBPIY A MATTf KOF PHYSICS. Jor Short Straight Heßow Hoeel, One, Ihe Big Bertha* has justly earned the accolade of being
      379 words
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      888 22 BttfßsAßmL WHERE to wine, dine mid entertain OF Alan Ng, food writer of Lianhe Zaohao.'lfs a high lea of distinct difference from those we had tried locally." Why go Penang? Princess Terracc Cafe introduces Penang High Tea with favourite* like Penang Laksa, Pried Kway Tcow, Bubur Hitam, Hokkien Mee and
      888 words
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      Page 22 Advertisements Column 2
      271 22 Delectable Yoag Doa-Fa Ballet at^ ll»pal*Spa tliSI per fMBM per ckild (below 10yim) TalapwllTal Mmwtot i i—|t DailyIpateOpa llfcll firpinu tloJo*> par cfciM (Mow 10 yn) IB < j 111 Ordwrd tod. Sfc<e*x»* 0021 T* *****11 colour of the I pood afflfeGalore an Asian Affair -ft $11.80 of authentic I
      271 words
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  • LIFESTYLE
    • Article, Illustration
      Wonder at his sublime best
      869 23  -  Wonder apologises for delay, then delivers a rich, powerful concert. Shahiron Shahari captures the mood at the Singapore Indoor Stadium Shahiron Shahari STEVIE Wonder was late Sunday night, and it was only after several rounds of slow hand-clapping 'and jeering by the Singapore Indoor Stadium
      869 words
    • Article
      Lock icon Bullfighting revival symbolises return to the past
      331 23 NYT i "W" T ÜBERT Yonnet I I breeds bulls and horses JL A on the Camargue's ■wild marshlands, where the Rhone meets the Mediterra!nean. Cowboys ride his ranch, birds squawk overhead, and j change comes with the cadence the seasons. But the
      NYT  -  331 words
    • Article, Illustration
      Lock icon Jacko says 9 words to Thai fans
      446 23 CHATTERBOX AFP UPI UPI UPI. US POP star Michael Jackson launched the Asian leg of his world tour in Bangkok yesterday with a press conference at which he sang not a single note, spoke only nine words and left hundreds of female fans
      AFP; UPI; UPI.  -  446 words
  • Page 23 Advertisements
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      170 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 Seria Book Store Tel: *****0; Fax *****86 Indonesia: Firma Wira Sakti
      170 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1226 23 TV RADIO Hard To 10.40pn, SBC 5 I' Steven Segal plays a slickhaired Cinderella who goes W a seven-year coma when the baddies try to wipe out his gji family. He wakes up and H wrecks violent retenge. Real- vH^p* i jr life wife Kelly Le Brock co- \\m J^l
      1,226 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Full house in Shanghai hotels
      932 24  -  Mark Graham reports on the boom which has stumped hoteliers Mark Graham The writer is a Hongkong-based Journalist who contributed this article to Business Times IT TAKES a lot to shock veteran hoteliers, who have seen booms and busts come and go throughout Asia. But
      932 words
    • Article, Illustration
      Hangzhou's two Asian-managed hotels may top 70pc mark
      370 24  -  By Mark Graham HANGZHOU'S two Asianmanaged joint venture hotels say occupancies for the year should top 70 per cent. Both Shangri-La and New World have properties in the lakeside city, with guests split fairly evenly between groups and independent travellers. The high
      370 words
    • Article, Illustration
      Westin group to expand with mid-range hotels in region
      821 25  -  Lilian Ang interviews John Chen, president of Westin International Asia-Pacific, on the group's aggressive campaign to enlarge its hotel chain Lilian Ang THE Westin group, which is known for its worldwide chain of mostly deluxe hotels, is planning to expand its
      821 words
    • Article
      PROPERTY WATCH
      285 25 Selected ERA transactions in the past week lantgoBf P**** Pn^ci Typ* W Turn j Si {s{) iet PRIVATE Aug 20,1993 0922 Caimhill Apartment Apt 1200 FH 505,000 421 Aug 18,1993 1232 Ampas Apartment Apt j[276 FH 517 Aug 16,1993 1542 Sea Avenue Terrace (2647)* 1496 FH 730,000 276
      285 words
    • REGIONAL SKYLINE
      • Article
        Lock icon HK luxury home prices to go higher
        60 25 South China Morning Post HONGKONG Luxury residential property values are expected to continue rising, according to property consultant Chesterton Petty. In a recent market report, the firm said that this could lead to more banks reducing the mortgage ceiling rate of 70 per
        South China Morning Post  -  60 words
      • Article
        Lock icon Brisbane's Airport Industrial Park sold
        82 25 The Australian Financial Review AUSTRALIA Itochu Corp. formerly known as C Itoh, has bought Brisbane's Airport Industrial Park for more than A 510.5 million (5511.4 million). The eight-vear-old property was sold by Superannuation Fund on a yield ot about 13.1 to 13.6 per cent. Located
        The Australian Financial Review  -  82 words
      • Article
        Lock icon Viet real estate financing squeezed
        87 25 South China Morning Post BANGKOK Changes in Vietnam's land ownership laws are not expected to ease a crippling squeeze on real estate financing, which has already delayed dozens of foreign joint ventures. Worst affected is the hotel sector, which faces a severe shortage of rooms
        South China Morning Post  -  87 words
      • Article
        Lock icon Marginal rise in UK prices
        67 25 South China Morning Post UNITED KINGDOM House prices in Britain are unlikely to rise by more than one per cent this year, while house sales are expected to be the second lowest since 1976, according to stockbrokers ÜBS. The pace of recovery has slowed since
        South China Morning Post  -  67 words
      • Article
        Lock icon Thai hotel disaster to hit tourism
        48 25 Bangkok Post BANGKOK Many Thai and foreign business figures predict that the Royal Plaza Hotel disaster would be a severe setback for the Thai tourist industry. An analyst of Asia Securities Trading warned that listed companies in the tourism sector might suffer.
        Bangkok Post  -  48 words
      • Article
        Abacus' new hotel reservation system
        55 25 SINGAPORE Abacus Distribution Systems has set up a new hotel reservation system. The Abacus Hotel Source, which began operating last week, allows subscribers to make instant reservations electronically via Abacus terminals. The company has more than 7,500 terminals with 3,000 travel agencies in eight countries
        55 words
    • Article, Illustration
      Flagship Westin Osaka opens
      216 25 THE Westin Osaka, opened two months ago, is the most recent of nearly 10 five-star hotels which will be launched by the Westin group within the next two to three years. Nestled in the heart of Osaka's bustling Shin Umeda City, the 30-storey Westin Osaka is
      216 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      162 24 r Warning! If your competitor is using FACT Accounting Software, he has an unfair advantage over you Instant P&L Account and Balance Sheet every day Ready for Goods Service Tax (GST) Instant Cash and Bank Balance any time Instant Multi-Division, Multi-Dept Base and any other Foreign Currency Invoices, Multi-Company Reporting
      162 words
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      32 25 REGIONAL ANALYSIS Even Wednesday, in Business Times I 111 1 I A t M 1 IH I I II m% V m 1 I IM fl A 111 I Ifl Ifl mum
      32 words
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      Page 25 Advertisements Column 2
      256 25 THE UNIVERSITY OF HULL in association with the Chartered Institute of Marketing, UK Seventh Intake in Singapore g* Established internationally as Twelve taught modules, of mr a part-time distance learning 300 contact hours, conducted in programme of two years Singapore outside normal I W I duration for senior executives. working
      256 words
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  • Article
    Rao presses on with reforms
    517 26 EDITORIAL TO HIS great credit, Indian Prime Minister P V Narasimha Rao appears to have an unshakable commitment to unshackling the economy from four decades of suffocating state control. Mr Rao has vigorously pressed on with his economic liberalisation programme despite attacks from all sides
    517 words
  • WHAT THE OTHERS SAY
    • Article
      Not the last word in Taiwan
      271 26 THE EXPLOSIVES that were removed on Aug 15 from the Taipei convention hall where Taiwan's ruling Nationalist Party's 14th congress was due to start the following day might have been symbolic of the sevenday proceedings. According to the deputy chief of Taiwan's Bureau of
      271 words
    • Article
      Owning the stalls
      222 26 MANY STALLHOLDERS appear keen on the government's plan to allow them to own their stalls. Undoubtedly they must be encouraged by the experience of shop owners in HDB estates who have benefited from a similar exercise. Some of these shop owners see the value of their shops
      222 words
    • Article
      A historic decision
      198 26 THE DECISION BY the Singapore Chinese Chamber of Commerce and Industry (SCCCI) to abolish the clan-based election system is a historic one. It should help to enhance the image of the new leadership and a new generation of members and attract more people who are well-educated and
      198 words
    • Article
      Beijing in two minds
      190 26 ONE HAS TO wonder what was going through the minds of the two senior Chinese Olympics officials when there were questioned by reporters in Hongkong about the treatment of dissident Han Dongfang. While on the outside they stuck to the party line and berated Mr Han
      190 words
    • Article
      The haves and the have-nots
      175 26 THE NATION WAS back to its daily activities yesterday after the Independence day celebrations characterised by much talk about heroes and heroism, economic growth, openness and the role of the younger generation. Certainly, there has been substantial progress in the economic domain and there has
      175 words
  • Article, Illustration
    Lock icon A good excuse for a political shake-up
    1047 26  -  Japanese Prime Minister Morihiro Hosokawa's move to admit his country's war guilt has met with increasing nationalist criticism. Gregory Clark finds this trend extremely worrying Gregory Clark IHT FIFTY years later, World War II Anally looks like it's becoming an issue in Japanese
    IHT  -  1,047 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      240 26 V»l *> l News your J I chance to pay 11 tribute to 111 the spirit of HI w Castycxirnoiiiinaboiis tor this years Singapore Business Awards D>ni Til if. ""ijiuM'im l"—' 1 daily «ml r*Hl i!4~ ulr Fh|T-* 4* leading intrmabonjJ a* expreaa company, fmt atarted an awarda adieme I
      240 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      64 26 CfoLuow me .J (speßvcs Pos ITSELF:) i^busiNG 7 J Vpoejsisj T ir? J M-&- aftf jy® tyo *rcond weRe.A JdUM [®T pTsXifJG BoVikJG I uOl llMtsA PiT A.3)Q IN "THE. j cnsaoci*Ttowtwaf^emslto. DOONESBURY GARRY TRUDEAU P AB&A0 irSHOTATff, NAPVmONTO f s ommo* M-rrsAPKi- tfcn»mns&, jT' u-ii i /wsr TtLAss&mr, o*m,nt>,tTAUo
      64 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Hanoi's passport to oil production
      1156 27  -  Two major Vietnamese contracts are up for grabs this year: a deal to explore for oil in a new oilfield, Blue Dragon, and a contract to build a 125-km oil pipeline. Harish Mehta reports from Hanoi on Vietnam's efforts to become a medium-sized oil producer,
      Source: Petro  -  1,156 words
    • Article, Illustration
      Paving the way for fresh credit
      1210 27 SUDDENLY, Vietnam has found that the stiffhinged doors of the world's lending institutions are beginning to open. The World Bank and the Asian Development Bank have said they are willing to open their credit channels to Vietnam soon. But the major sticking point concerns
      1,210 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      123 27 ,11 > PROPERTY '93 There is a mad scramble to buy residential property. Investors want to buy ahead of what they believe would be further price increases, and speculators are out to take advantage of that. But how long will the current rally in the market continue? To answer this
      123 words
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  • Article, Illustration
    Lock icon Hosokawa to press ahead with liberalising economy
    626 28 AFP. Reuter. TOKYO Prospects for recovery are uncertain, Japan's Prime Minister Morihiro Hosokawa yesterday warned as he vowed to deregulate the economy and review the tax system without resorting to deficit financing. "It would not do to take the economic recovery for granted,"
    AFP.; Reuter.; Reuter  -  626 words
  • Article
    Lock icon Saudi reserves drying up after unrestrained spending, says report
    413 28 Reuter NEW YORK Oil-rich Saudi Arabia has run down its financial reserves because of years of unrestrained spending, huge military purchases and irregular banking practices, The New York Times reported. In two articles published on Sunday and yesterday, the newspaper said
    Reuter  -  413 words
  • Article
    Sony building industrial robots in Singapore
    248 28  -  From Koichi Ishiyama in TOKYO SONY has begun building industrial robots in Singapore to help counter the effect of the rising yen and tap the South-east Asian market for such devices. Production started in June, a Sony spokesman said. The locally-made robot called Cute
    248 words
  • Article
    Lock icon Alatas urges govt-level talks to resolve Spratlys issue
    307 28 Reuter, The Straits Times SURABAYA Indonesian Foreign Minister Ali Alatas said yesterday that disputed claims to the Spratly islands in the South China Sea were potentially explosive and called for action to avoid a new regional flashpoint. He was speaking at the
    Reuter,; The Straits Times  -  307 words
  • Article
    Lock icon Toshiba denies it broke ban on technology sale to E Germany
    195 28 AFP TOKYO Toshiba Corp yesterday denied a report that it exported sensitive chip-manu-facturing technology to former East Germany in the late 1980s despite an international ban. "There was no business agreement on dynamic random access memory (DRAM) chips," a
    AFP  -  195 words
  • Article
    Lock icon World Bank endorses E Asia's strategy
    550 28 New study admits govt action played a part in nations' economic success Reuter WASHINGTON The World Bank, prodded by Japan, endorses the export-driv-en development strategies of the "miracle" East Asian economies and grudgingly admits in a new study that government action played a part
    Reuter  -  550 words
  • Article, Illustration
    A US sellout may trigger collapse of share prices here
    887 28  -  The Bottom Line AMY BALAN AMY BALAN The writer is a BT correspondent LAST WEEK saw several stock markets New York, London, Hongkong, Kuala Lumpur and Singapore, among others hitting all-time highs all at the same time. While the Singapore
    887 words
  • Article
    Lock icon EC consumer confidence back to record lows in June
    239 28 Reuter BRUSSELS Consumer confidence, which had shown slight signs of recovery the previous month, dropped back to record lows in the European Community in June, the European Commission said yesterday. The drop to minus 26 from minus 24 in May takes
    Reuter  -  239 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      99 28 Singapore's most popular Nitsuko. Telephone System uni PROMARK The most versatile |T| fluorescent markers yl that work on HI any paper. HI Colours will not change on heat-sensitive BSa facsimile paper. ■-JI Ink will not erase text on the second leaf of NCR paper. K9I Ink features extremely strong resistance
      99 words
    • Advertisement
      Page 28 Advertisements Column 2
      14 28 Si\(,\pt>iu coivy^. Distributor of the most sought after Key Telephone System Tel: 278 7088
      14 words
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  • Shipping Times
    • Article
      Two S'pore firms to buy stake in Manila cargo handler
      364 29  -  From Al Labita in MANILA TWO Singapore firms have joined a consortium that will buy into the holding company of one of the Philippines' biggest cargo handlers. The two are South-east Asia Venture Investment (Seavi) and NIF Management Singapore Pte
      364 words
    • Article, Illustration
      Lock icon US Navy brings floating city to Sembawang
      210 29  -  By Juliette Walker SINGAPORE The amphibious assault vessel USS Belleau Wood, visiting Singapore this week, is the largest ship to come pier-side at the Port of Singapore Authority's Sembawang terminal. The 250m-long, 7.5m-draft ship has anchored off Singapore before, but this is its
      Photo by Chris Loh  -  210 words
    • Article
      Lock icon Turkey anxious to limit Bosphorus shipping
      300 29 Reuter ISTANBUL Turkey is ringing environmental alarm bells to block any plan to send more oil and gas exports from cx-So-viet republics through the crowdcd Bosphorus. Turkish maritime experts arc even calling for a revision of the 1936 Montrcux Convention, which gives international shipping
      Reuter  -  300 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      837 29 Pagt Col ABC Containerize >2 I Accord Group 8 1-3 AhrcnkicI Liner 4 1/2 •APL 3 3-3 Appenihip 18 1/2 Alpha Feeders 6 I •ANL 3 1/2 •ASCL 3 3 Avant Shpg 6 4/3 •Bait Orient Line 7 4/3 •Bank Line. The 9
      837 words
    • Article
      Freight forwarder courses gain international recognition
      172 29  -  By Ramesh Divyanathan SINGAPORE The Chartered Institute of Transport (CIT), an international body for professionals in the transport industry, has endorsed the Singapore Freight Forwarders Association's (SFFA) vocational training courses. SFFA said in a statement last week that Ole Dyrhauge, chairman of its vocational
      172 words
    • Article
      Lock icon Lines cut Europe-Gulf rates as US dollar strengthens
      360 29 AFP ABU DHABI Shipping companies serving Europe and the oil-rich Gulf have decided to cut freight rates after the US dollar improved against major Western currencies. The United Arab Shipping Co (UASC) and 14 European shipping lines announced the cut in a
      AFP  -  360 words
    • Article
      Lock icon Top US official helps end Alaskan oil tanker blockade
      237 29 Reuter ANCHORAGE, Alaska Intervention by a top US official on Sunday helped end a blockade by salmon fishermen that had prevented three oil tankers from loading at a major Alaskan pipeline terminal, protesters and government officials said. The fishermen, who lined
      Reuter  -  237 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        640 30 Vet* Voy No R«tfi Arrival Departure Vtssd Voy No Borth Arrival Dopartuo iurong Poi H*poon «,omdo Lamina Norbufc Pine Rachmanuel 1 Smar Asean Transtuk Yuheng rtety Batam Vnndo ManTu* Mk laya Scan tag* Soar Central Sun Bag 66 rt 3 08/07/93 01/93 9323/S8 15/93 19/93 14/93 08/16
        640 words
      • Article
        CONTAINER SCHEDULES
        1421 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO \umm RT FCL CONTAINERS AND LCL C ARGO *P Voy No Etb/Btr Record Period Booking/Balance From To Rsits From Ao S«*i 80A 25/1500 23/1700 24/1200 24/0659 24/1459 24/0900 24/1700 Ma 930 ION 25/1900 23/1700 24/1200 24/0659 24/1459 24/0900 24/1700 tatte
        1,421 words
    • Article
      THE SHIPPING GUIDE
      9146 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      9,146 words
    • Article
      SHIPPING AGENTS
      3364 43 Coataiaerliae NY: Bdsin Shpg Agencies Pte Ltd (SVMannc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business C orporarioo Philippine Cabource Shpg Trdg Pte Ltd (S) Ahrenkiel Liaer Service: Kim Shpg St Trdfe (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,364 words
    • Article
      COURIER SERVICES
      261 43 Abacus Couriers Td: 545-8011. Fax: 545-1898 Air Express Travel Td: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide C ourier Td: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: 742-8975. CHy-Uak International Td: 344-3377. Fax: 345-6450. Cluster Link Supplies A
      261 words
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      AIR FORWARDERS
      1464 43 Abe* F.xpress Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activak Siapfon Td: 542-7812: Fax: *****20. Aerotiak Freight laterantioanJ Td: 545-8031 Fax: *****05 Td:"M2-59l I. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air turtn International Td: 542-7666. Fax: *****74. *****50. Ak Market
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      PORT CONDITIONS
      2507 44 ALBANIA Duress: Five vessels in port discharging of which 2 flour. 1 general cargo. 1 humanitarian cargo, 1 coal. ANGOLA Luanda: City normal, but power very restricted. Water supply still intermittent. Port quiet with 2 vessels currently discharged and various coasts 1 vessel. Berths available with no delays
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      Lock icon SHIP SALES & TANKER RATES
      1011 44 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP THERE has been a marked dropping off in activity, which is only to be expected with the holiday season in full swing. This is reflected in the lower volume of sales being reported during the week. Following
      The information was contributed by Simpson Spence & Young; AFP  -  1,011 words
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      AIR FREIGHT SCHEDULE
      571 44 ARRIVALS Op Flight Type ETA T From TODAY NCA K.Z203 B747F 0145 1 NRT KAL KE697 B747F 0150 1 SEL JAL JL6I7 B747F 0345 1 TYO SI A SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 1 AMM/DXB CLX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA
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      CRUISE & FERRY SCHEDULES
      422 44 CRUISE FERRY SCHEDULES m Ait Ports of Calb Port Agent Telephone Not MICUST i,'« 24 24 Leisure World 1200 1900 Sin-Phuket-P Klang Lauw Sons Travel 227-8284 26 26 Ocean Pearl 0700 1900 Sin-Ho Chi Minh Inchcape Shpg 222-4411' 26 26 Coral Princess 1700 2030 Cruise to Nowhere Semjom Agencies 227-8284
      422 words
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      DAILY FREIGHTS
      1012 45 THE BALTIC Freight Index for spot dry cargo shipping rates rose to 1,450 on Aug 20 from 1,435. Rates continue firm for large handy-sized tonnage in the north Atlantic, brokers said. Von Appen was rumored to have booked the 1978-built 40,220- deadweight-tonne Evrimedon for a prompt trip from
      1,012 words
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      TRANSPORT DIARY
      818 45 COURSES Title: Singapore Bunkering Procedure (SDF case-by-case) Duration: Aug 24 Sep 2 (4 evenings) Organiser Singapore National Shipping Association Tel: For further details and application forms contact SNSA at tel: 278-3464 or fax: 274-5079 Title: Diploma in Marine Operations Administration Duration: Aug 30 Jan 8 1994 Organiser Singapore
      818 words
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      Lock icon Boom time ahead for shiprepair yards
      1138 46  -  Owners are giving their ships facelifts to meet an expected surge in demand for tonnage, reports Alan Thorpe Alan Thorpe Lloyd's List Shipbuilding Shiprepair Statistics confirm that the world's merchant fleet is getting older. Average age can be expected to increase unless there is
      Lloyd's List Shipbuilding & Shiprepair  -  1,138 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Higher US air fare levels offset planned discounts
        446 48 Aviation Week WASHINGTON In spite of the widely held conviction that US airlines have lost the ability to price an airline ticket, the carriers are demonstrating a strong grip on fares, and it is helping their bottom line. Domestic traffic may be
        Aviation Week  -  446 words
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        Lock icon Long-haul flight to dream world
        70 48 Reuter LONDON Captain Norman Britton, who holds the record for the fastest civil trans-Atlantic flight in Concorde, watching from the cockpit of the plane as teams pulled the supersonic jet for charity on Sunday. The charity "Dreamflight" sends seriously ill children to Disney World in
        Reuter  -  70 words
      • Article
        Lock icon Mediator calls for compromise in Canadian rail dispute
        255 48 Knight-Ridder VANCOUVER A government mediator on Sunday recommended a compromise settlement to resolve the nine-week-old BC Rail dispute, according to a company spokesperson. Labour relations mediator Jim Breckenridge recommended a slightly higher rate of increase in wages for rail workers than the
        Knight-Ridder  -  255 words
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        Lock icon British government's road plans collide with environment
        485 48 Reuter WINCHESTER, England Where there was once a British beauty spot, there is now a gaping gash in the hillside, Darbed wire and a 24-hour security guard on workers building a six-lane highway. Twyford Down is the site of a head-on collision between
        Reuter  -  485 words
      • Article
        Lock icon Boeing redelivers modified B-737 to Indon air force
        296 48 Aviation Week SEATTLE US aircraft maker Boeing has redelivered the first of three 737 SurveiUer transports to the Indonesian air force with substantially increased maritime patrol avionics. The aircraft upgrade is part of a US$ll7 million (S$ 188.4 million) contract between Indonesia
        Aviation Week  -  296 words
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        Lock icon VW denies report that director involved in GM fray quitting
        263 48 AP BERLIN Volkswagen denied on Sunday that purchasing director Jose Ignacio Lopez de Arriortua is leaving the company because of allegations he stole company secrets from General Motors. The N-TV all-news network on Sunday said, without identifying sources, that Mr
        AP  -  263 words
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        • Article
          Lock icon Karachi bans large oil tankers
          93 48 Reuter KARACHI Karachi Port has banned the entry of oil tankers of 90,000 deadweight tonnes or more after a ship ran aground there, a port spokesman said on Sunday. It was not immediately clear if the ban was temporary or permanent. Port officials said the
          Reuter  -  93 words
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          Lock icon Monitoring embargo against Iraq
          49 48 Reuter RED SEA Australian warship HMAS Sydney sailing alongside a cargo vessel last Friday at the entrance of the Gulf of Aqaba. The Sydney is part of an allied naval force patrolling the Red Sea to enforce UN sanctions on Iraqi imports and exports. Reuter
          Reuter  -  49 words
        • Article
          Lock icon Vladivostok bay ablaze
          131 48 AP MOSCOW An oil-polluted bay caught fire on Sunday at Vladivostok port in Russia's Far East, a news agency said. The Itar-Tass news agency said Vladivostok residents were bewildered on Sunday morning as they saw the flaming waters of Tikhaya harbour, part of Ussuri Bay in the
          AP  -  131 words
        • Article
          Lock icon High yen drives Nissan to imports
          90 48 AFP TOKYO Japan's Nissan Motor Co Ltd is to start importing its vehicles produced in Mexico and Spain as part of efforts to cope with the stronger yen, a spokeswoman said yesterday. The country's second largest car maker is to import 3,000 commercial vans
          AFP  -  90 words
        • Article
          Lock icon NZ police and navy seize stolen yacht
          121 48 AFP AUCKLAND A 23-year-old man believed to be French was in custody in New Zealand yesterday afier police made a dramatic overnight dash to a stolen yacht which sent out a maydty signal after being hit by severe weather. The drama was sharpened
          AFP  -  121 words
        • Article
          Lock icon Weak China car prices expected
          102 48 Reuter BEIJING Car prices in China will be stable or fall for the rest of the 1993 because of ample supply and weakening demand, partially the result of government austerity measures, the Economic Daily reported. It said first-half domestic output totalled 710,000 vehicles, up 44.2
          Reuter  -  102 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1338 48 at am. n* m el A* BMW 3A893 > 830 QA974 :94Q Qfll 1930 Qf82 2066 I QA686 1436 ***** 1100 K1637 1446 QA974 1040 6Q323 1726 KL636 2310 M|hn 8Q346 2300 «MM«tf NZ36 1660 ***** 2016 ***** 2030 NZ36 2340 tan 2060 L ■MmM OF
        1,338 words
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      14 29 If you want it there J yesterday.^ njrftwMOTPm us today. a GRIFFIN KINETIC *****331
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      30 29 •Li mm aad nrvicM reprwwrted M *J |L I -j 111 M>| 1 RMMMft Of UN RMMWy OT MCTNIiN |*VAB> tingipyi NaitoMl SMpFa a&serti&ing enquiries, contact Shipping Timet: Tei 740-2089/740-2090
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      47 29 International Freight Forwarder EUROPE LCL FCL Services M+R FORWARDING PTE LTD Boom time ahead for shiprepair yards, Pg 18 Higher US air fare levels offset planned discounts, Back Pg EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. rri Business Times WICM7VAXM
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      425 30 TSKLME AGENCES (S) PTE. LTD. r I 1 V Tel: 226-3363 □P*s J. k3«JV« Fax 226-1972/3 r3«#l y -7 Tlx: RS *****/TSKSW. qggjgg TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I fST af 25.0«" w'm W' m. m mZI ACX WBiT 248 -2100 "21M 24.00 27.01 31.01 0109 07.W 07.09
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      1351 30 w J JM«| IM «BT«l| gig] CNJFORNA LI*KS9 I 2V2tl I 119 I 13* I 15 9 I 1691 14* 149 I lit 1«J It* TNESH*II *34 Ml U* 17*20*1 21* ill Ml 25* 26* 21* 111 CALffOMW KKUmr 55 12* 11* 209 229 73* 21* 71* 22* 23* OCUM
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      2308 31 OOCL (8) PTE LTD JAROINE SHIPPING AGENCIES TFL *****13 FAX* *****42 PETALING JAYA TEL. 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) T c 1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 T /«~J *****3/4( M 2706 CFS (PSA F5) TEL: *****21/ *****79 IuHIM iTF n? ?ii sm 07
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      1764 31 ■□imm FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS LEDA MAERSK V.9310 ETA SIN 26TH AUGUST 1993 MAERSK EDINBURG V.9304 ETA SIN 29TH AUGUST 1993 vni# voy ETA ETD Feeder by DESTINATIONS Thu week MAOISON MAERSK V 9308 cv sum oaoo hrs CfS 30/06 ?3SS HRS JOH LPK PEN OAK LQ6 HOU MEM ATI
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      1643 32 AQABA R'DAM/I LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) STON H BURG A WERP HAVRE WEST MALAYSIA TOKIO EXPRESS 12/133 2S/8 11/9 14/9 12/9 Poft Keiang. Penang DANUBE 09/333 28/8 6/9 12/9 16/9 18/9 20/9 22/9 Pasir Gudarig KAMAKURA 30/134 1/9 18/9 21/9 19/9 EAST MALAYSIA
      1,643 words
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      567 32 FCI Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ala North Korea t Vietnam Mongolia Hungary CSFR Poland ocT<§)Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel ETA 8M VILLE DE VEGA
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      1230 32 I NORAST/T I" VSL/VOY SIN ALG BCL* VAL* CHMA SEA 332W 26/08 15/09 18/09 19/09 20/09 21/09 22/09 23/09 24/09 25/09 I NORASIA ALMUNTAZAH 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 M/ 10
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      2003 33 O STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 IMffliimißWmimmmmmMMim mm quha ptcmcum WBiillßaKJßilia ilßiilll lXUlKa&lAftBlUaH fln (A SERVICE OP CHINA mavwatwn CO» ACCEPTS YQ#yy CARGO DUE SAM.S --ft J^ T D!SI? U V2ot llb 23 24 *"f 24 Auf n
      2,003 words
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      2519 33 ItoVt. SINGAPORE AGENT: ■HML PXtCI I AtltairiAt*G P&O Containers (Singapore Agencies) Pte Ltd M |X\ f VjlVllLCllllvl a 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z jypjSL-i— _L_^IIL VHKI *0* 'MQ fM MM tit IOU
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      86 33 MBIIfTANG MAS SNIPPING PTE. LTD. 39 NEH ROM) SINGAPORE 0208 TEL: ***** M TLX: R*****5 SMMER FAX: *****64 ACCEPTS PQRTSOF CMtGO STOK KSTVWTm MERCURY PURL VIC 23-24 MK 24-25 MJE Mora. Lata* BMTMK KLMT *17E 30-30 MK 31-31 MK M*. IM KM* MLR CURT 60U> *OSE 31-31 MK 01-02 WT
      86 words
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      853 34 muffim I INDONESIANATIONALLIN^^ I a ww hi/ihi I tf—tl woo I wnor I MATAAAM 35N8 I 2124/9 I 21/10 24/10 27/10 30/10 TO ■Ifyß^eggtpjpiErf E/isf COAST |^fs y VN VSI/KOT rKL STOW SYO I HLB 1 BUS 1 FIE AOIL MOO MJSTHAU* 46S 30/8 29/8 12/» 15/9 AUK) IATAAAUTA 79S
      853 words
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      1917 34 HANJIN SHIPPING FOR VSI SM Lit HAUL SEA PW FDR VSI SM ILNE HAUL SAV 1M NYC HANJM KAOHSRMG 013E ?6 8 OKCT lt/9 11/9 HANJM KAOHSMK 0131 26/8 H SAVANNAH 03X 30/9 1/10 3/10 HANJM ELIZABETH 009E 2/9 OKCT 23/9 »/9 HANJM ELIZABETH 009E 2 9 M ASIA 011E
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      1303 34 Inu scr use wc uc pus m oa rt as nro ui oe bai NTCLm m n nr rs h ki hp I GUNT K OS3 Jl/I 1/1 In 1/9 10/9 13/9 14/9 U/1 17/1 IV9 20/9 1/1111/1* IS/II it/II 21/11 27/11 20/11 29/11 M/ll 9/U 19/11 21/11 24/11 i.
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      2344 35 II II sex: 'CALIFORNIA LUNA 59E' eta sgp 25/08/93 H H X/bc II arriving LOS ANGELES 11/09/93 IN 16 DAYS II II II AEX:'HAKONE MARU 11E' ETA SGP 25/08/93 Ml ARRIVING NEW YORK 17/09/93 IN 22 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SOX) TO: USWC US QULF MIDWEST
      2,344 words
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      1201 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****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 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO: **********0/N
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      1487 36 K** V vft AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CAN* **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W H K| MALAYSIA K" LINE MARITIME (MALAYSIA) SON BHO J TEL SA *****00 PK *****75 PEN *****0 JB 236 1 01 PGU *****5/6 INDONESIA P.T. SARANA LAIIT INTERNUSA.
      1,487 words
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      701 36 PHIU-OniCNT LINGS PH LTD s r 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 j A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION H I AUSTRAL!A/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 26 AUG SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 59 AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH. NAPIER,
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      413 36 GOLDEN LINE KG GV GUM GUAN SHPPMG ESoi < PTE > LTD W 23. T«M Apr SfM 9NSJIPOK 0104 ia ***** M (10 IMS) Fa: *****44 (C* ft* loiaisoooow) omm/wmm OPLF OMTKI S pore P. Kelang Penang tain STM Karachi Out* X/» tal SOUDt out Much Mm 31V* emu a
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      971 37 PACIFIC INTERNATIONAL LINES (PTE) LTD^ I ESS&sSs 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I M CR NO **********0E VESSEL VOV SIN CMS JIB JED AOJ AOE HOC PZU ASA KOTA WIJAYA WJAO29 27/9 31/t 5/9 6/9 10/9 9/9 11/t 14/9 MAI XIONQ HXOOS 13/9 19/9 29/9 30/9 2S/9
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      1285 37 vtssus not w mom sw» iiowc rotterdam antwcrt thmus u hww win tn vcca naiii~ W/M ?«/oi 2t/w 27/w n/n 30/w dpim mmm 7uow 04/w oi/io 03/10 04,10 05/10 07/10 WLLI 01 SRHUS >130*1 12/W 01/10 10/10 11/10 12/10 14/10 Will 01 ffltß *****1 I>/W IVIO 17/10 11/10 H/10 21/10
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      380 37 BSA mm MYANMA Wttk FIVE STAR LINE (Myanmar National Line) Loading for Yanjon (Rangoon) Spore P.KI| Pen P.Gdg PWT* VI3OW to Pt MYOMAYWA VIU 30 Au| AVA VI23W 2/3 S«p 90/1 hp PAGAN *201* Uf I MALAGA AGENTS BOUSTEAD SHPPMG AGENCCS ML m 03 *****00 HI. IU 03-3MC7C7 PER TU
      380 words
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      2635 40 Full Container Liner Services Milj/ui's Agents: Indonesia's Agents: j General Agents: Booking Agents: Goon Guan Skipping Sin BM Cluing Ckiao Shipping Sin Bhd f J. Global hrtra Indonesia Maritime Costar Shipping Pte Ltd sm*s rmglrt Mq Centra SOaBM 58 Paniaraa flan Mo* Mou Lot 134, 3ri Floor, H. It. It.
      2,635 words
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      586 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 30/08 ROTTERDAM 28/08 AARHUS/COPENHAGEN 30/08 HAMBURG/BREMEN 30/08 MARSEILLE/FRANCE 27/08 FELIXSTOWE/UK 30/08 BARCELONA/SPAIN 26/08 LEHAVRE/FRANCE 30/08 GENOA/ITALY 28/08 ANTWERP/BELGIUM 30/08 LOS ANGELES/WC/IPI 29/08 SYDNEY/MELBOURNE 26/08 NEW YORK/EC 29/08 FREMANTIE/ADELAIDE 26/08 VANCOUVER 27/08 BRISBANE
      586 words
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      683 41 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOAOMG FOR SPORE MONET 31WB 76/06 DARESSALAAM MOMBASA DJWOUTI ASSAB MASSAWA ABBAY WON 2 37we 06/10 DARESSALAAM
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      Page 41 Advertisements Column 3
      946 41 JAKARTA BANGKOK warn I w I I b I|n law mmw L mmm MIA BHUM 91$ MPT 27/t ttTHA BHUM 10N WPI 23/1 Frf 27/» NANA BHUM 190S 25/1 2</l HTA BHUM* 294N MPT 24/1 Fri 27/» BRA BHUM 14S 27/ i Sl/i MAMA BMM 172N tM 25/t %m 29/t
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      1923 42 feABMN CONTAINER LINES ~rvW~H A 9 ents: MAC-NELS SPORE: *****22 (24 LINES) 1 I\/ V Jc/P 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 23/8 24/8
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      880 42 THONG SOON UNES PTE. LTD.] 78 SHENTON WAY #10-01, SINGAPORE 0207 TEL: *****88 FAX NO: *****11 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER FOR ******0; ***** g SINGAPORE TO SARAWAK VESSEL VOY S PORE PEST VESSEL VOY S PORE PEST EQUATOR 111 98/3E 27 AUG KUCHING EQUATOR
      880 words
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      71 45 1} ~~i Eteoi&ve Housekeeper -this hcbelYT^ O Mi- I I wants is me. But 111 never neglect L s /^"X Any Job. Any Career. EYE ON THE Available Any Day. yi^Fpr Any Time, anywhere. Nobody covers East Asia like we do. The Straits Times The Sunday Times business Times The
      71 words
  • Page 45 Miscellaneous
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      720 45 TODAY'S TIDES (Iwijht in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 It II 1.6 2.1 2.4 2.5 2.3 1.1 1.4 1.1 0.9 0.1 1.1 1.4 1.9 2.5 2.7 2.7 2.5 2.1
      720 words
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      348 46 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE MNGAPOfiE MANIA VICOM PACIFIC 25N8 27/08/93 04/09/93 raiHXKia* VIGOUR PACIFIC 25AM 30/08/93 04/09/93 UW,T VIGOUR SHG/\fQft£ filMfi 03/09/93 11/09/93 VIGOUR SJWGAPORE 61AWB 06/09/93 11/09/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SWGAPORE PORT KLANG PCNAHC VIGOUR PENAWG MOW 27/08/93 29/08/93 VIGOUR PACIFIC
      348 words
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      622 46 ©APPENSHIP /2\ HAMBURG vTv CONVENTIONAL INDEPENDENT UNER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOAONG PORTS HSCHMGE/LOADMG FOR FLAG LEADER ANTW SLO SPORE 18/8. SHANGHAI HARMONY SEA HAMBURG SLO SPORE 1/9. BKK 5/9 YEW TREE HAMBURG SLO SPORE 31/8 KOALA CONTAINER LINE STORE ax HAM ROT LEH
      622 words
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      Page 46 Advertisements Column 3
      363 46 I JL cosco ukc conventional service VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/08 Rotterdam/Antwerp CIENA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/09 20/00 Huangpu/Guangzhou COSCO FULL CONTAMER SERVICES fFCL/FCL) EXPORT TO: CHMA/SANQKOK/HONQKONQ EUROPE/CONTINENTAL WEST MEDTTERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARA CHI Pie we
      363 words
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      890 47 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS WY PWA PKE PGO VESSELS VOY ISW I HTM AWT* jg» HAM Httt FEI HMM ADVANCE 25A 24/08 25/08 26/08 H. INNOVATOR 305W 30/08 17/09 17/09 18/09 19/09 19/09 21/09 NORASIA MALACCA 9327 A 31/08 01/09 02/09 SL MARK
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      5 48 ANALYSIS Tomorrow in Business Times
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      Page 48 Advertisements Column 2
      52 48 ANALYSIS Tomorrow in Business Times Fly Finnair's new MD-11 the woiidls most technologically advanced aircraft Fly Finnair's new wide bodied MD-11 to Europe and find out why long h«n1« are a thing of the past. Call your travel agent or 733 3377 for more details. lmow the world from start
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