The Business Times, 22 September 1993

Microfilm: NL18962
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Wednesday September 22 1993 75'
    13 words
  • 2am LATEST
    • Article
      Lock icon Coca-Cola in Indian joint venture
      87 1 Reuter ATLANTA The Coca-Cola Co and Parle Exports, India's leading soft drink company, will enter into a strategic alliance to make and market soft drinks in India. Initially capitalised at USS2O million (Ss32 million), the joint venture will be 50 per cent owned by a
      Reuter  -  87 words
    • Article
      Lock icon Quake hits Oregon, two dead
      69 1 AFP PORTLAND, Oregon A moderate earthquake measuring 5.7 on the Richter scale set off a rockslide that killed a driver in Oregon and caused a second victim to die of an apparent heart attack. The tremor, at 0329 GMT, forced the evacuation of five buildings,
      AFP  -  69 words
  • Article, Illustration
    MARKET SUMMARY
    111 1 Stock market indices Taesday Chang* SI II 1,995.74 -2.63 KLSE Composite 818.63 +2.17 Nikkei 20.466.65 200.62 Hang Seng 7,495.31 +***** SET Index 992.58 -4.43 Jakarta Composite ...430.57 -0.92 CLSA China B 1.034.05 +0.68 Auit Ail Ord 1.925.2 +1.1 FTSE 100 3.001.6 -2.9 Tuesday Previous I pni close Dow
    111 words
  • Article, Illustration
    Lock icon Japan's Asian investment hits US$60b, twice the US level
    425 1  -  By Chuang Peck Ming SINGAPORE Total cumulative Japanese investments in Asia amounted to U5559.88 billion (5595.8 billion) up till March 31, 1993, almost double the United States' commitments in the region. US corporations have sunk a total of U5532.26 billion into
    Source: Ministry of Finance,Japan  -  425 words
  • Article
    Lock icon Tokyo cuts discount rate to all-time low
    583 1 NYT, Bloomberg Business News TOKYO In an unexpectedly aggressive move, the Bank of Japan yesterday cut its official discount rate 0.75 point to the lowest level in history, 1.75 per cent. The US dollar surged against the yen after a larger-than-expected cut in
    NYT,; Bloomberg Business News  -  583 words
  • Article
    Singapore Telecom may face snags in Australia
    381 1  -  From Florence Chong in SYDNEY SINGCOM (Australia) Pty Lid, part of the Singapore Telecom Group, yesterday unveiled its plans to become a major provider of international and domestic services out of Australia. However, the stepped-up activities of the Singapore company could result in
    381 words
  • Article
    Lock icon Top Japanese construction figure arrested to face bribery charge
    256 1 Reuter TOKYO Prosecutors have arrested the most powerful man in Japan's construction industry an apparent breakthrough in their year-long battle to stamp out widespread corruption involving politicians and builders. Teruzo Yoshino, 75-year-old chairman of Shimizu Corp and head of the Japan
    Reuter  -  256 words
  • Article, Illustration
    HK appoints Anson Chan as first local Chief Secretary
    505 1  -  From Catherine Ong in HONGKONG MRS ANSON CHAN, 53, is to bccomc the first local Chinese to assume the post of Chief Secretary in the Hongkong government as British rule over the colony draws to a close. Governor Chris Patten yesterday
    505 words
  • Article
    S'pore police probe disappearance of share scrip worth millions
    337 1  -  By Magdalene Ng SINGAPORE The police are investigating the disappearance of share scrip worth millions entrusted to remisiers by their clients. Industry 1 sources told BT yesterday that misappropriation of share scrip had hit a number of broking firms. In a
    337 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Lower bank loans to companies
        328 2  -  By Magdalene Ng BANK lending to companies grew at a slower pace in July, as firms turned to their cash hoards and the stock market to fund operations and projects. Total lending by banks was 573.22 billion during the month, or 9.12 per cent more
        Source: MAS  -  328 words
    • Article, Illustration
      Lock icon Asahi to pump another $300m to boost TV panel output
      485 2  -  By Teh Hooi Ling JAPAN's Asahi Glass Co will invest an additional $300 million in its wholly-owned Singapore subsidiary, Asahi Techno Vision (ATV), to more than double its production of TV glass panels. The new production line, to be fully
      Photo by Arthur Lee  -  485 words
    • Article
      Unitor to set up recycling plant for fire-fighting gas
      267 2 MARINE services group Unitor will set up a recycling plant in Singapore for halon gas used in fire-fighting equipment. The plant will act as a bank, with some users depositing unwanted halon and others withdrawing it. Use of halon which depletes
      267 words
    • Article
      Ngee Ann City developer donates $1m to SIF
      264 2  -  By Bernard Chew NGEE Ann Development Pte Ltd yesterday marked the official opening of its flagship property, Ngee Ann City, with a $1 million donation to the Singapore International Foundation. "Ngee Ann Kongsi was launched to help the early migrants settle down
      264 words
    • Article
      Intraco expands food trading business in Russia
      229 2 AS PART of its expansion into the food business, and the Russian Far East market, local trading house Intraco last month shipped 2,500 tonnes of chicken leg quarters worth more than US$2 million to Vladivostock. The huge poultry shipment was bought from the
      229 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      113 2 Protect Your Computer Investment. Buv An Epson. EPSON Most airlines offer a "Business Class", but at Thai we've always thought of our passengers as much more than business. That's why we've called Whether a business or are on your you'll be treated like royalty with With Thai's Royal Executive Class,
      113 words
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  • THE REGION
    • Article
      Lock icon Vietnam's power line project generating huge cost overruns
      403 3 AFP HANOI Vietnam's largest public-works project, a 500-ki-lovolt power line intended to carry electricity from the north to the south, is being plagued by practical difficulties and huge cost overruns. A Ho Chi Minh City newspaper reported last week that the project,
      AFP  -  403 words
    • Article
      Major arrives in KL, at least 5 deals likely to be signed
      249 3  -  From Leslie Lopez in KUALA LUMPUR BRITISH Prime Minister John Major arrived here yesterday on a mission to boost ties with Malaysia. Accompanied by top executives of some of Britain's largest industrial groups, he will hold talks with
      249 words
    • Article
      Lock icon Asian power crunch will spill into next decade, says ADB
      331 3 Reuter SINGAPORE The era of crippling 10-hour power blackouts in the Philippines may have ended but the country's power woes, and those of many of its neighbours, are far from over. The Asian Development Bank's director of energy and industry,
      Reuter  -  331 words
    • Article, Illustration
      Lock icon Jakarta offers to help Manila resolve Muslim separatist issue
      288 3 AP JAKARTA Indonesia has offered its help for Philippine efforts to resolve a Muslim separatist insurgency in the southern Philippines, a senior official said yesterday. The matter came up in talks between Philippine President Fidel Ramos and Indonesian President Suharto. After
      AP; Reuter  -  288 words
    • Article
      Thais want firm Asean stand on French trade demands
      239 3  -  From Loh Hui Yin in BANGKOK THAILAND wants Asean to take a firm stand to prevent France jeopardising the Gatt talks on global trade. Sources say Deputy Prime Minister Supachai Panitchpakdi conveyed Thailand's feelings to Asean economic ministers in a letter
      239 words
    • Article
      Lock icon Labuan Umno branch held general meeting in a bus: Abdullah
      272 3 Bernama KUALA LUMPUR Umno vice-presidcnt Abdullah Ahmad Badawi yesterday disclosed that the l~abuan Umno branch held its general meeting in a bus with only certain members present. "The bus only came to a halt when the meeting was over. This
      Bernama  -  272 words
    • Article
      Lock icon Asian economies set to be satellites of China: banker
      295 4 Bloomberg Business News HONGKONG Asia's economics, including Japan's, will becomc satellites of China's economy as China becomes the world's dominant economy in the early part of the next century. A top Hongkong banker told a conference in San Francisco yesterday that
      Bloomberg Business News  -  295 words
    • Article
      Lock icon Beijing fights to head off year-end trade deficit
      291 4 Reuter BEIJING Faced with the prospect of its first annual trade deficit in four years, China is seeking to keep a firm rein on imports for the rest of 1993 while encouraging sluggish exporters to pick up the pace. Government officials said
      Reuter  -  291 words
    • Article
      Lock icon Beijing urged to liberalise currency flow limits
      300 4 Reuter BEIJING China should liberalise rules on the cross-bor-der How of the yuan to bring both its currency and its financial system more in step with world markets. The Finance Research Department at the People's Bank of China said yesterday the heavy outflow
      Reuter  -  300 words
    • Article
      HK's Sunday Post editor loses job after controversial reports
      446 4  -  From Catherine Ong in HONGKONG THE editor of the Sunday Morning Post. Peter Lynch, has been removed from his job following recent controversial reports in the newspaper. His departure was announced yesterday in a terse statement put up on the staff
      446 words
    • Article
      Lock icon IMF, World Bank may hold '97 annual meeting in HK
      189 4 Reuter WASHINGTON The International Monetary Fund and World Bank are discussing holding their 1997 annual meeting in Hongkong after the British colony is handed over to China, diplomats said on Monday. Such a move could open up the two international
      Reuter  -  189 words
    • Article
      Lock icon Revitalising Seoul economy most urgent task, says Kim
      185 4 Reuter SEOUL South Korean President Kim Young Sam says revitalising the economy is his most urgent task and has pledged no let-up in his reform and anti-corruption programme. But he fell short of announcing specific marketboosting measures as some investors had anticipated.
      Reuter  -  185 words
    • Article
      Lock icon Hosokawa to urge US to cut deficit as Japan opens market
      426 5 Reuter TOKYO Prime Minister Morihiro Hosokawa is expected to tell America when he visits New York this month to do its homework, as Japan works on its long-term target of boosting its economy and opening its markets. "Our country
      Reuter  -  426 words
    • Article
      S'pore investments soar in India, trend likely to continue
      249 5  -  By Nirmal Ghosh SINGAPORE Singapore's investments in India soared from a minuscule Ssl million in 1991 to Ss33 million last year, and the figure is set to rise further this year. According to the Indian High Commission in Singapore, the investments
      249 words
    • Article
      First Sydney world trade fair targets Singapore companies
      251 5  -  By Harish Mehta SINGAPORE Sydney is holding its first world trade fair in February and is targeting Singapore firms to exhibit their wares and forge business alliances with Australian firms. The Sydney World Trade Fair will be held at the Sydney Convention
      251 words
    • Article, Illustration
      Lock icon Multi-billion-dollar boost for Australia if it wins Olympic bid
      420 5 Reuter SYDNEY Hosting the 2000 Olympics would be a multi-bil-lion-dollar boost for the Australian economy, reviving business confidence and refuelling the country's flagging construction and retail industries. Although by no means a sure bet, the chance that Svdney may win tomorrow's
      Reuter  -  420 words
    • Article
      Lock icon HK share market will benefit if Games go to Beijing
      319 5 AFP HONGKONG A win by Beijing in the race to host the 2000 Olympic Games would give the depressed Hongkong share market a much needed boost. Analysts said yesterday that the market, depressed due to the ongoing Sino-British row over
      AFP  -  319 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      390 3 A critical two-day conference for Providers of Medical Services and Insurance, and ibeir Advisors Dual challenges face the providers and insurers of strategic healthcare services. The dramatic rise in costs of services, increased state participation in catastrophic insurance schemes and increased life expectancy and living standards mean that hospitals, companies
      390 words
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      Page 3 Advertisements Column 2
      304 3 HISTORY IN TIME Planetarium Copernicus Handmade in IHct gold, individually numbered, utpphirr crystal, water resistant to JO m. Shockproof Lady Newton. Automatic vtth power reserze, small second and date indicator. IBct gold or steel/gold. Also available with a diamond set be7el ring. Planetarium Copernicus with Lapis Lazuli The Planetarium by
      304 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      34 4 ;J§ *7?; v j* r i A td ,-m La w|Mir- to h i twtMWTi IT t y* <. i~p t Jr .41 if». i y. 'iiiMi?i L i v t^iißt\ r JK'a JSHP *r
      34 words
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      Page 4 Advertisements Column 2
      31 4 Soya Bean Crumbs Mixed Vegetables A Rice steamed in \J Lotus Loaf 11am-24Spm I MAPLE LEAP Restaurant wf 390 Victoria Street #01-01/08, Gotten Land mar* Shopping Centre Singapore 0718 T*l: *****15/6
      31 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      132 5 ill! jPiTM w J 9 m klk%l gigg B^Bl^JKa;': BHlli^HH Tai Huat, Ismail and Alcatel. Worldwide communications systems in action. Throughout Singapore, Alcatel is dedicated systems of PCM primary multiplex equipment servicing and maintenance. Whether on-going to advancing the country's communications on behalf of Singapore Telecom. project management or a
      132 words
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  • THE WORLD
    • Article
      Lock icon House Democratic leader to vote against Nafta
      314 6 Reuter WASHINGTON US House majority leader Kiehard Gephardt said yesterday he would vote against the North American Free Trade Agreement and "participate actively" in the congressional debate set to unfold. "Today I am announcing that I will vote against this Nafta." Mr Gephardt
      Reuter  -  314 words
    • WORLD WATCH
      • Article
        Lock icon Canadian survey predicts minority govt
        68 6 Reuter OTTAWA A poll released late on Monday indicates support for Canada's two main political parties has stalled, and the (Xt 25 general election will probably result in a minority government. The Angus Reid survey reported on CTV television network on Monday said regional parties
        Reuter  -  68 words
      • Article
        Lock icon Bank of England chief meets top execs
        71 6 Reuter LONDON Bank of England governor Eddie George has called in top executives of Britain's top four banks to discuss his concern that the economic recovery could suffer unless they offer support to small business, the Financial Times newspaper said. It said Mr
        Reuter  -  71 words
      • Article
        Lock icon Polish centrist party snubs ex-Reds
        73 6 Reuter WARSAW Poland's ex-communists, fresh from a weekend general election triumph, pressed ahead yesterday with efforts to form a government after the outgoing ruling party rejected any possibility it might join a coalition. Prime Minister Manna Suchocka's centrist Democratic Union (UD) issued a statement say
        Reuter  -  73 words
      • Article
        Lock icon US housing starts up 7.8pc in Aug
        72 6 AP WASHINGTON US housing starts shot up 7.8 per cent in August to the highest level in 3"i years, the government said Tuesday. Building activity rose in every region of the nation except for the north-east. The Commerce Department said construction of new
        AP  -  72 words
    • Article
      Lock icon Rabin puts survival on the line in PLO deal debate
      304 6 Reuter JERUSALEM Prime Minister Yit/hak Rabin put the survival of his government on the line yesterday in a stormy dehate seeking parliamentary approval for Israel's aeeord with the Palestine Liberation Organisation. "The government will ask the Knesset's approval and will
      Reuter  -  304 words
    • Article, Illustration
      Lock icon British ministers rally round Major
      436 7 Reuter LONDON British government ministers dismissed reports of a leadership challenge to John Major as a media invention but one newspaper said the prime minister had drawn up a "hit list" of Conservative Party rebels. "I could name eight people. Half of those eight people
      Reuter  -  436 words
    • Article
      Lock icon Britain still against capital controls to bolster ERM
      292 7 Reuter BRUSSELS Britain remains firmly opposed to the reintroduction of controls on money movements as a way of bolstering the Exchange Rate Mechanism (ERM), a top British Treasury official said. "If you look at the basis of the (Maastricht) treaty, freedom of
      Reuter  -  292 words
    • Article
      Lock icon EBRD cautious on growth predictions for eastern Europe
      271 7 AFP LONDON The European Bank for Reconstruction and Development (EBRD) is cautious about official predictions of a return to growth in eastern European economies over the next two or three years, the bank said yesterday. In a compilation of statistics coming from,
      AFP  -  271 words
    • Article, Illustration
      Lock icon Mexico to raise govt spending to fuel growth
      319 7 AP MEXICO CITY President Carlos Salinas de Gortari said he would increase government spending to fuel growth in Mexico's current economic slowdown. Mr Salinas' announcement, made on Sunday night before the Mexican Federation of Industrial Chambers, contained no specifics about how much
      AP  -  319 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      498 6 MBE **S£ "———l T I—^'iWlB¥"j"HiMifliTli'f > ft» f -Ivw fl Bk W «k£ S®S&& '*-d. *i' '■r"-i M lWliiMi i > :*iijPBBBBEBIMiBB^S^^tT^BRj^BPr^S '*.-^<*-**l3l?. 1 V| t 4 w ;f. jL. Ava i 1 a ble at Takasliimaya Singapore I.TI) PARIS TOKYO LONDRES X F. VI YORK NO 1 TOUR OPERATOR
      498 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      97 7 Site Area 105,000 sq ft «—mE'** GFA 85,000 sq ft —i Tenure 30 yrs+3o yrs Fully Air-conditioned Easy access to MRT/CTE Ample Car Park Further Details Call Sole Marketing Agent: 7 °,JM ClWc) »N>$7S.lU <J-*~, O-C) «Mft pr K .r, COC. •»< «**Ct I. C*M«. M» W Mo4e' ,fc.«, m#f
      97 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Critics call Clinton's health plan a fantasy
      840 8 NYT WASHINGTON A wide range of experts, ineluding economists, consultants and members of Congress, say that President Bill Clinton's health care plan will not cut costs nearly as much as the administration hopes. They say it will actually increase the federal budget deficit
      NYT  -  840 words
    • Article
      Lock icon Taking a leaf out of Hawaii's medical book
      1276 8 Bloomberg Business News HONOLULU As a businesswoman. Judy Tsukano found the cost of Hawaii's law requiring all employers to provide health-care coverage for workers an expensive burden. But as the wife of an ailing husband, she welcomed the help she received in
      Bloomberg Business News  -  1,276 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      196 8 A Perfect Fit In Postural Support with a 5 years Free Maintenance Programme Experiencing a new creation that provides a perfect fit to our human form and movement. A feel that is distinct and unique to its own in ergonomic perfection. Unlike a normal product warranty, your rights to a
      196 words
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      Page 8 Advertisements Column 2
      70 8 For Sale By Tender 45 Ford Avenue Legal Description Lots 187-126 and 187-127 of Mukim4 Tenure Freehold Total Land Area 3.106.9 sq m (33.442 sq ft) Description Single storey bungalow on a regular-shape land plot Zoning Designated "Bungalow Development" area Tender Closing Date 4pm. Tues 26 Oct '93 For Tender
      70 words
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      Page 8 Advertisements Column 3
      122 8 ISL cj^ccharge you can relax; in the sauna or take a refreshing any of our 2 sivimming pools, you may cfioost to tuorfi out in the exercise room I#* or just sit around in the Atrium, listening to tfu I music over a nice cup of coffee from our 'H(pund
      122 words
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  • COMPANIES & MARKETS
    • Article
      SES simplifies trading of Telecom Group 'A' shares
      423 9  -  By Genevieve Cua SINGAPORE The Stock Exchange of Singapore has simplified trading procedures for Telecom Group 'A' shares because so many people are expected to hold them. No trading or securities account will be needed to buy or sell such shares. Instead,
      423 words
    • Article
      Heavy turnover in Golden Plus shares
      367 9  -  by William Chia SINGAPORE Mining company Golden Plus Holdings Bhd was swamped with orders when trading in the counter resumed yesterday after a four-day suspension. By the end of the day, a staggering 24.05 million shares had changed hands and the stock had soared
      367 words
    • Article
      Liang Court to raise $28.2m through placement
      255 9 SINGAPORE Propertybased Liang Court yesterday announced plans to raise about 528.2 million through a placement of 28.2 million shares to reduce bank borrowings and part-finance several on-going projects. The placement shares, representing 10 per cent of the group's total issued share capital, will
      255 words
    • Article
      CMB Asia releases gloomy interim results
      283 9 SINGAPORE Packaging group CMB Asia yesterday unveiled a dismal set of interim results with net earnings plunging 58 per cent to 55.8 million. Turnover fell 19 per cent to $130.8 million while trading profit more than halved to $10.8 million from $23 million previously.
      283 words
    • Article
      A listing on Nasdaq is not for all and sundry
      823 9  -  HOCK LOCK SIEW By Joseph Rajendran SINGAPORE Local firms Creative Technology, Aztech Systems and K T Technology have one thing in common the US secondary securities market Nasdaq. Creative, a leader in multimedia technology, has been listed on the US
      823 words
    • Article, Illustration
      Lock icon SSE seeks to expand further at home and abroad
      455 9  -  By Rahita Elias SINGAPORE Listed Singapore Shipbuilding and Engineering. which is investing S4B million in a new Tuas yard, is planning for further expansion at home and abroad. Speaking to Business Times on Monday, managing director Boon Swan Foo said that
      Photo by Chris Loh  -  455 words
    • Article, Illustration
      Lock icon SUMMARY
      317 9 Source: Bridge Info Performance of STII's Index stocks Sep 21 Last Seng lait\ Stock sale CWr ktoMm (S) (V) Avimo I 940 -0 060 I .38 J2.43 (*< 7.450 0.1 SO 5.30 -1101 Ceretoos 6 000 0 150 4.27 -*108 FAN 14 900 0 200 10 60-108 11 GF
      Source: Bridge Info  -  317 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Rotary's interim profit jumps 115pc
          68 10 Ro tary's interim profit jumps 115pc SINGAPORE Newly-listed Rotary Engineering said it earned $4.85 million after tax for the six months ended June 30. up 115 per cent from $2.26 million in the corresponding period last year. Turnover for the group jumped 120 per cent to $46.7 million. The company
          68 words
        • Article
          Lee Kim Tah, Tibs in China study
          67 10 SINGAPORE Lee Kim Tah Holdings. Tibs International Pte Ltd and Ho-Shin Enterprise have signed an agreement with Beijing Large Goods and Materials Transportation Company of China to study the possibility of setting up a joint venture to build and manage a multi-purpose commercial
          67 words
        • Article
          Foreign shareholdings in SAE
          25 10 SINGAPORE Singapore Automotive Engineering said its foreign shareholdings accounted for 24.59 per cent of its issued capital as at Sep 20.
          25 words
        • Article
          Lock icon I&P's interim pre-tax profit up 18pc
          124 10 Bernama KUALA LUMPUR Island and Peninsular Bhd has turned in a group pre-tax profit of M 525.24 million (SS 15.65 million) for the half year ended July 31, up 17.9 per cent from M 521.41 million in the corresponding period last year. I&P yesterday
          Bernama  -  124 words
        • Article
          Lock icon MGR Corp to buy sawmilling firm
          73 10 Bernama KUALA LUMPUR MGR Corporation Bhd will acquire the entire issued and paid-up share capital of Kimanis Bay Timbers Sdn Bhd, a sawmilling firm, for M 52.7 million (SSI.7 million) cash, from Wangsa Timber Industries Sdn Bhd. The present issued and paid-up share capital
          Bernama  -  73 words
      • Article
        UNIT TRUSTS & FUNDS
        473 10 UNIT TRUSTS FUNDS Miupn prtcM (S) Sep 22 IftSHTMIC* FlNld >, i. T Income Bond Policy 3.62 3 76 xngjpore mm irwsi The Commerce 1.49 I.M rrUO®fltWl The Savings Fund 1.41 1.48 PruLink Mgd Fund 1.23 1.30 S pore Prof Fund 0.63 O.Mxd yADA l Spoie Sec Fund 094 0
        473 words
      • Article
        DIVIDENDS ANNOUNCED
        944 10 Payment Ex Books Pay (S) date close date Aetna I 7.3 Sep 22 Oct 4 Oct 18 ABN-Amro I 29 Aug 31 Sep 8 Sep 25 Alex Hides $0* b 6 Aug 31 Sep 6 Sep 28 AMDB SO* b 3 Sep 14 Sep 28 Oct 27 BMTSIO(IOO)
        944 words
      • Article, Illustration
        Lock icon HK bourse to ban listings by controlling shareholders
        281 10 Bloomberg Business News HONGKONG The Hongkong stock exchange is to ban the listing of covered warrants issued by controlling shareholders on their own companies. In a statement, the exchange said the ban is being introduced "because of the potentially conflicting interests where
        Bloomberg Business News  -  281 words
      • Article
        Lock icon Idris projects better performance this year
        255 10 Bernama KUALA LUMPUR Idris Hydraulic (Malaysia) Bhd projects a better 1993 performance following the consolidation of its business plans for strategic areas. Its chairman, Tengku Ahmad Rithauddccn Al-haj Tengku Ismail was confident the performance targets would be achieved owing to meticulous planning and implementation
        Bernama  -  255 words
      • Article
        Citizen Watch to set up firm in China with HK partners
        145 10 TOKYO Japan's Citizen Watch Co Ltd said yesterday it would set up a sales and production company in China with Hongkong's Asia Commercial Holdings Co Ltd and Sun International Ltd, a Citizen sales agent in Hongkong. The three partners
        145 words
      • Article
        Lock icon Jardine Matheson posts US$173m net interim profit
        294 10 Knight-Ridder HONGKONG Diversified investment, property and trading group Jardine Matheson Holdings has reported a net profit for the six months to June 30 of U*****.8 million (SS27B million), up from US$l SI.B million for the same period a year ago. The figure was
        Knight-Ridder  -  294 words
      • Article
        Lock icon Tuntex plans US$5.6b naphtha complex
        146 10 AFP TAIPEI Taiwan's Tuntex group, one of the island's biggest conglomerates, will invest US$5.6 billion (SSB.9 billion) in setting up a naphtha cracking complex to refine oil and produce ethylene and other petrochemical products. Group officials said on Monday that they have invited the Formosa
        AFP  -  146 words
      • Article
        EML reports interim loss of $5.1m, as expected
        291 10  -  By William Chia SINGAPORE Sesdaqlisted Electro Magnetics Ltd (EML) has reported a group operating loss of 555.08 million for the seven months to June 30. The company, which released its maiden interim results yesterday, said this was unavoidable but within management expectations.
        291 words
      • Article
        Lock icon QVC offers US$9.5b for Paramount
        541 11 Reuter NEW YORK QVC Network Inc on Monday launched a US$9.5 billion (Ssls billon) bid for Paramount Communications Inc, topping a previous deal by Viacom Inc and raising the prospect of a bidding war for the media and entertainment powerhouse. The rival offer, if successful,
        Reuter  -  541 words
      • Article
        Lock icon Texaco has good news for a change
        314 11 NYT NEW YORK Texaco, which after years of notoriety had slipped back into the doldrums on Wall Street, is creating a stir again. Only this time the news is positive. Last week, it said it had agreed to sell its petrochemical business for
        NYT  -  314 words
      • COMPANY BRIEFS
        • Article
          Lock icon JR East demand exceeds sell-off
          101 11 Bloomberg Business News TOKYO Orders for over 40 million shares of JR East stock have been placed by individual investors, the Nihon Keizai newspaper reported. The report cited Kokutetsu Seisan Jigyodan, a public corporation responsible for privatising Japan's former national railroad and disposing of its
          Bloomberg Business News  -  101 words
        • Article
          Lock icon Nike down at heel on outlook
          109 11 Reuter BEAVERTON, Oregon Nike Inc said it expects sales and earnings for fiscal 1994 will not match those of fiscal 1993. It blamed a higher corporate tax rate, changed foreign exchange rates, continued caution by US retailers, and sluggish international economies which have caused
          Reuter  -  109 words
        • Article
          Lock icon Vietnam opens oil venture door
          82 11 Bloomberg Business News LONDON The Vietnamese government has agreed to allow Norsk Hydro AS to acquire a 10 per cent stake from Enterprise Oil Exploration in an oil and gas exploration venture, said Lloyd's List. The Norwegian oil company will get a 10 per cent
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Michelin profit crashes
          73 11 Reuter PARIS Micheiin, the world's biggest tyre manufacturer, reported a first-half net loss on Tuesday of 3.19 billion francs (SS9O2 million) compared to a profit of 820 million francs last year. The French company, Cie Generale des Etablissements Micheiin, blamed the drop on the European recession which
          Reuter  -  73 words
        • Article
          Lock icon Sony promotes US head
          45 11 Reuter NEW YORK Thomas Mottola was named president and chief executive officer of Sony Music Entertainment, a division of Sony Corp, the company said on Monday. Mr Mottola was president of Sony Music, the US division of Sony Music Entertainment. Reuter
          Reuter  -  45 words
      • Article
        Lock icon Euro firms say freeing up telecom industry a priority
        271 11 Reuter BRUSSELS Most of Europe's top companies rank telecommunications at the top of the list of industries they want liberalised, according to a poll released yesterday. "It's clear that business leaders in Europe want more choice in telecommunications services and they
        Reuter  -  271 words
    • FINANCE
      • Article
        D&C Bank plans to raise US$50m with FRCD issue
        332 12  -  By Quak Hiang Whai SINGAPORE Malaysia's Development Commercial Bank (D&C Bank) plans to raise US$5O million by issuing floating-rate certificates of deposit (FRCD). a debt instrument becoming increasing popular with Malaysian banks. The Kuala Lumpur-listed bank recently awarded the mandate to
        332 words
      • Article
        Lock icon AFC Merchant Bank arranges US$38m loan for Thai bank
        237 12  -  By Soh Tiang Keng AFC SINGAPORE Singaporebased AFC Merchant Bank has arranged a US$3B million (5560.8 million) syndicated loan for the Bangkok of Commerce. The one-year loan extendable on an annual basis for up to three years bears an interest rate
        AFC  -  237 words
      • Article, Illustration
        Lock icon Aussie bank on A$12b prowl
        178 12 Bloomberg Business News TOKYO National Australia Bank managing director Don Argus said yesterday the bank may lift its total assets by about AS 12 billion (5512.3 billion) in the next five years through acquisitions. Mr Argus told a gathering of Japanese institutional investors in Tokyo
        Bloomberg Business News  -  178 words
      • Article
        Lock icon French government goes on privatisation blitz
        414 12 Reuter PARIS Like the opening of some long-awaited smash Hollywood film, France's drive to privatise 21 companies has arrived with a fanfare of publicity. Since Friday, newspapers have been peppered with information about the forthcoming flotation of Banque Nationale de Paris (BNP), the country's
        Reuter  -  414 words
      • Article
        Lock icon France urges franc zone partners to work closely with IMF
        172 12 AFP ABIDJAN, Ivory Coast French Economy and Finance Minister Edmond Alphandery yesterday called on France's 14 African CFA franc zone partners to work closely with international financial institutions. Mr Alphandery warned that "only agreements with the IMF (International Monetary Fund)
        AFP  -  172 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        83 12 THE higher US$/yen failed to lift the US dollar against the Singapore currency as demand for the local unit determined the USS/SS's direction. The Singapore dollar traded to a low of 1.5925 before closing at 1.5933/35. The Malaysian ringgit traded within a 10 point range
        83 words
      • Article
        Lock icon London
        244 12 UPI LONDON The dollar drifted up from a weak European opening yesterday in generally quiet currency markets on reports that the US government would favour a weaker yen. Dealers said that reports out of New York indicated the Ginton Administration were looking for the dollar to firm to as
        UPI  -  244 words
      • SMALL CHANGE
        • Article
          Lock icon Yugoslav bank issues 10b dinar note
          45 12 Reuter BELGRADE The National Bank of Yugoslavia (NBY) yesterday issued a 10 billion dinar note to replace almost worthless currency devalued by daily inflation of 20 per cent. It is now worth US$6 on Belgrade's foreign currency black market.
          Reuter  -  45 words
        • Article
          Lock icon Australia's TCV issues A$125m bonds
          59 12 Reuter MELBOURNE Treasury Corp of Victoria (TCV) said it has issued Asl2s million (SS 130.3 million) of bonds by tender. TCV said it issued AS7S million of its 12 per cent October 22, 1998 bonds at a weighted average yield of 6.574 per cent. Bill
          Reuter  -  59 words
        • Article
          Lock icon Austria's OKB to sell Dragon bonds
          64 12 Bloomberg Business News HONGKONG OesterreichischeKontrollbank Aktiengesellschaft (OKB), the Austrian export credit agency, will sell US$2OO million of US-dollar denominated Dragon bonds today, an official at Lehman Brothers Securities (HK) Ltd said. Lehman and Nomura International (HK) Ltd are the underwriters. The OKB bond will
          Bloomberg Business News  -  64 words
      • Article
        Lock icon New York
        124 12 AFP NEW YORK The dollar dropped against other major currencies except against the yen in active trading yesterday, though losses were limited by the release of higher than expected US housing start figures for August. The yen lost against the German mark after the Bank of Japan lowered
        AFP  -  124 words
      • Article, Illustration
        Untitled
        1587 12 /ntcir n ntfhinJ imlex iiikvlaird ttxainM S'porr'i lop 14 trading partner* Bast yrar /«.< uss/ss forward rates Noon Sep 21 SS tit OSer 1-month 1 5920 I. 5935 2-monlh I 5920 1 5935 J-month 1.5918 1.59)3 6-monih 1.5910 1.5930 Source: OCBC FOREIGN CURRENCY NOTE RATES A* at 1«m m Sap
        1,587 words
      • Article
        Price Waterhouse to help China reform banking system
        385 14  -  By Yong Pow Ang SINGAPORE International accounting firm Price Waterhouse has won two threevear contracts worth a total ot US$7.l5 million (SSI 1.4 million) to help China's central bank strengthen its accounting system and supervisory role. Funding of the projects comes from
        385 words
      • Article
        Lock icon Beijing's plan to unify currency open to interpretation: economist
        240 14 Reuter SHANGHAI A statement by China's Vice-Finance Minister Jin Renqing that Beijing intends to unify its official and free market currency rates has raised several questions, said Hongkong-based economist Tsang Shu-ki. Mr Jin was quoted by Hongkong's Ta Kung Pao newspaper
        Reuter  -  240 words
      • Article
        Lock icon German M3 rose 7.2pc last month
        172 14 AFP FRANKFURT The German M 3 money supply rose at an annual rate of 7.2 per cent last month, provisional figures published by the Bundesbank showed yesterday. The bank compared the growth of the money supply for the month with the average rate during
        AFP  -  172 words
      • Article
        Lock icon Indonesian central bank worried about problem loans
        134 14 Reuter JAKARTA Problem loans in Indonesian banks arc increasing and authorities are intensifying controls on lending, said Mansjurdin Nurdin, a central bank director. Problem loans, which covered doubtful and bad debts, jumped to about 20.0 trillion rupiah (SSIS billion) or 15.2 per cent
        Reuter  -  134 words
      • Article
        Lock icon Mastercard expects 3m members in China
        283 14 AP BEIJING Mastercard International says China is its fastest growing market and is predicting more than three million Chinese will carry its card by the end of the year. "The biggest complaint the banks have is that they can't make the plastic cards fast
        AP  -  283 words
      • Article
        IFCT becomes first Thai firm to raise bahts offshore
        232 14  -  By Paul Leo THE Industrial Finance Corporation of Thailand (IFCT) will be the first Thai company to raise bahts offshore. The IFCT, which is listed on the Stock Exchange of Thailand, will borrow 5 billion baht (Ss3lo million) over the next
        232 words
      • Article, Illustration
        Lock icon Australia may raise interest rates to stop currency slide
        277 14 Bloomberg Business News TOKYO Reserve Bank of Australia Governor Bcrnie Fraser told a gathering of Japanese institutional investors that the bank may raise interest rates to control the slide in the Australian dollar. The Australian dollar has tumbled about 16 per
        Bloomberg Business News  -  277 words
      • Article
        Lock icon Aussie govt to sell notes and bonds
        158 14 Bloomberg Business News SYDNEY The Australian government will sell AS 1.5 billion (551.54 million) in three note series today and Asl billion in two bond series on Friday. Today's note sale to the public will comprise As3oo million in five-week notes. As6oo million
        Bloomberg Business News  -  158 words
    • COMMODITIES & FUTURES
      • Article, Illustration
        Lock icon Rubber producers warn of cutbacks if right prices are not paid
        404 16 AFP KUALA LUMPUR Major natural rubber producers could slash production and leave consumers in limbo if talks for a new international price pact collapsed, a senior Malaysian minister said on Tuesday. "If the consumers do not pay the right
        AFP  -  404 words
      • Article
        Lock icon China opens 3rd metals exchange in Nanhai
        201 16 AP BEIJING China has opened its third metals exchange in south China near Hongkong, the official Xinhua News Agency has reported. The South Nonferrous Metals Exchange, located in Nanhai. Guangdong province, will trade in copper, aluminium, lead. zinc. tin. nickel and cobalt. Xinhua
        AP  -  201 words
      • Article
        Lock icon M'sia stopping palm oil barter deals with India
        346 16 Reuter KUALA LUMPUR Malaysia has won fresh Indian palm oil orders after a long break but is unlikely to consider any further barter deals with New Delhi, government sources said. "We know they need palm oil to meet their own crop shortfall,"
        Reuter  -  346 words
      • Article
        Lock icon Poor demand may force cut in copper premiums
        346 16 Reuter LONDON Sluggish copper demand and high stocks should force producers to cut premiums they charge consumers for annual supply contracts in 1994. But it is far from certain they will, trade sources said on Monday. In October, Western producers will announce
        Reuter  -  346 words
      • Article
        Lock icon Beijing to invest US$500m each year on foreign mines
        302 16 Knight-Ridder BEIJING China aims to shift the equivalent of US$5OO million (SSBOO million) in investment funds yearly from its domestic mining industry to foreign ventures, an official of China's state-run metals industry said yesterday. China is eyeing copper deposits in the
        Knight-Ridder  -  302 words
      • Article
        Futures prices retreat as traders' nerves settle
        316 16 Bloomberg ENERGY REPORT LONDON Oil futures priccs retreated on both sides of the Atlantic yesterday as traders' nerves before Saturday's Opec meeting were calmcd, brokers said. Traders perceived Monday's price surge, when crude oil futures gained about 50 cents a barrel as speculative,
        316 words
      • Article
        Lock icon Euroyen firms up on Tokyo's rate cut
        1492 18 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended firmer yesterday, spiralling up on strong buying interest in the wake of a surprise cut by the Bank of Japan (BOJ) which reduced its key lending rate to a record low of 1.75 per cent.
        Reuter  -  1,492 words
      • Article
        Tin stays at record low in active trade
        622 18 COMMODITY REPORTS Tin TIN ended unchanged to equal its Monday all-time low of M$ 10.78 per kg at the close in active trade yesterday, helped by renewed European. Japanese and Malaysian buying, traders said. "There was fresh buying all round at current
        622 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Philippine coconut oil, copra export up
          92 18 MANILA Philippine exports of coconut oil and copra rose 23.6 per cent to a total of 966,789 tonnes in January-August from 781,877 tonnes a year earlier, the United Coconut Associations of the Philippines said yesterday. Total shipments of coconut oil reached 589.916 tonnes in
          92 words
        • Article
          Thai oil firm to run joint concession
          77 18 BANGKOK Thailand's PTT Exploration and Production will explore and operate in a 7,600-square-km petroleum concession in northern Thailand with the Thai Defence Ministry, the Stock Exchange of Thailand said yesterday. The concession is in Lampang and Phrac provinces, 480 km north of Bangkok.
          77 words
        • Article
          Japan stainless steel demand seen down
          82 18 TOKYO Japan s domestic demand for stainless steel is forecast to decline 1.9 per cent in OctoberDecember from July-September to a monthly 157.800 tonnes, according to figures released yesterday by the Ministry of International Trade and Industry In late June. Miti forecast July-September monthly
          82 words
        • Article
          Thai mine deemed promising
          81 18 SINGAPORE Thailand's Padaeng Industry Co's exploration for copper and gold in northeastern Loei province has so far been "very promising." Padaeng vice president of exploration Akanit Suwanasing said here yesterday. Mr Akanit said the exploration was at an advanced stage and should be finished by the
          81 words
    • Article
      COMMODITY PRICES
      1727 18 Rubber Scp2i RAS Commodity Exchange (futures closing as at lpm) HAS (physical prices) RSS 1 Contract (S ccnts/kg) Bayers Sellers Close Volume Open 12 noon (S ccnts/kg) Momh High Low Sett (tonnes) Interest »cc on <n i?QV)N Oct 93 000 OOO 128 00 0 875 RSS 3 Oct
      1,727 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1127 19 1.1 Australian stocks closed little changed yesterday despite a plunge in US stocks overnight as a stronger dollar, dividend payments and hopes for a rally if Sydney wins the Olympic Games kept investors in the market, traders said. Stocks plunged at the opening after the Dow Jones Industrial Average
        1,127 words
      • Article
        New Zealand
        245 19 -20.85 New Zealand shares ended soft as a 155-million share placement in Telecom at NZ$3.B2 sucked funds from the market. The NZSE-40 capital index fell 20.85 points to 1,917.07 on turnover worth NZ$62O million, but Telecom accounted for about NZ$599 million of that. Earlier, the market learned that
        245 words
      • Article
        Bombay
        27 19 -16.64 The Bombay Stock Exchange (BSE) 30-share index closed 16.64 points lower at a provisional 2,751.16. The 100-share national index closed 1.99 points higher at 1,312.89.
        27 words
      • Article
        Seoul
        345 19 -0.46 The stock market closed a shade lower in a day of lacklustre trading after fluctuating narrowly into both negative and positive territory throughout the day. Brokers forecast the lethargy and dullness would continue until the Chusok holiday at the end of the month. The composite stock index stood
        345 words
      • Article
        Manila
        594 19 -28.26 Share prices closed lower, sliding below last week s record highs, as investors took profits and positioned for upcoming debut offerings of several firms, brokers said. "The market corrected due mainly to profit-taking because there's nothing happening on the economic and political front," said Noel Reyes, vice president
        594 words
      • Article
        Taipei
        546 19 -23.43 Taiwan share prices finished lower on another wave of profittaking from gains triggered by the central bank's credit easing last week, brokers said. The weighted index moved narrowly before late selling pushed it down to end 23.43 points lower at 3,904.38. Tum- over fell to a modest NTS
        546 words
    • WORLD STOCK MARKETS
      • Article
        London
        582 19 -2.9 UK stocks closed mixed yesterday as first-half figures from Tesco pic revived concern over slow growth in company earnings, traders and analysts said. "Tesco's having to fight for sales," said JerryEvans, equity strategist at Nat West Securities. "Things are tough out there, and the market is reflecting that."
        582 words
      • Article
        Paris
        134 19 -0.62 pc The Paris Bourse suffered a moderate loss in moderately active trading, as the CAC 40 index opened with a 0.59 per cent drop and finished down 0.62 per cent at 2,094.39 points. Trading volume hit three billion francs for the whole market, including 2.9 billion on the
        134 words
      • Article
        Frankfurt
        218 19 13.01 Share prices added to Monday's gains in a rally led by buying interest in Daimler stock, dealers said. But most activity came from trader deals, and few investors had participated. The DAX-30 index closed up 13.01 points at 1,925.85, but was off its intraday high of 1,933.06. A
        218 words
      • Article
        Stockholm
        137 19 -12.96 Swedish shares closed lower as investors fled the market amid higher market interest rates and a continued weakening of the krona. Declines were led by financial stocks, which stand to lose the most from higher interest rates, which increase costs of funding while eroding the value of bond
        137 words
      • Article
        Milan
        86 19 unav The Milan stock marked showed little change in quiet trading, but the Mitbel index was unavailable due to computer problems. Milan Sep 21 Lire \<AltjlU ww &a-i -v 7* urKh Fiji 5*>» 116 GcacMk W»IO W2 MM* IffN JW lukrmcmi -W lutgjs «M M.ljrKli IT2 I M jffKti
        86 words
      • Article
        Amsterdam
        254 19 -1.93 Dutch shares ended down in thin trading as lower prices on Wall Street last night and a weaker dollar resulted in a decline for most international stocks, traders said. "The market was weak and volume was again disappointing," said Peter de Bie, a trader with investment bank MeesPierson.
        254 words
      • Article
        Untitled
        1173 19 Britannia Funds Sterling Ca»h Bid CMfcr Mim Cap IVpiMi Ji.Mll) Ji.*SOO Mun icrw> (mI O IK) 0 l*W2 Mim Ma« Iikouk ******) •MINI) L SS nh Incomc Pte% F«ad IO ?l€§ 11.100 PS Rmi\c Fumf 5.2WO 5 2200 Sierliitv Fuuilx Euru IVrformafwc .04W2 0.4VW Far Em Fund *1 ?»>*> *2
        1,173 words
      • Article
        Toronto
        292 19 -11.24 Toronto stocks opened down on general weakness in all indices yesterday as pre-election nervousness continues to dampen the market, traders said. A new opinion poll showed the October 25 election remains too close to call with the opposition Liberals holding a slight edge over ruling Conservatives. The TSE
        292 words
      • Article
        New York
        949 19 -18.72 Wall Street fell 18 points yesterday as interest rates climbed and ahead of the House of Representatives' expected thumbs down on the North American Free Trade Agreement (Nafta). The Dow Jones index of 30 leading industrials sank by 18.72 points (0.52 percent) to 3,557.08 at 1 pm
        949 words
    • Article, Illustration
      Lock icon HONGKONG
      3017 20 AFP HONGKONG Stocks rebounded sharply yesterday with the Hang Seng Index gaining 104.71 points, or 1.4 per cent, to close at 7,495.31. Turnover amounted to HKS2.B7 billion, down from the previous day's HK.S3 billion dollars. Share prices opened on a strong note mainly on buying of utility and property
      AFP; Source: Bridge Info  -  3,017 words
    • Article, Illustration
      CHINA
      506 20 THE CLSA Shanghai B Index closed 2.69 points higher at 778.68 on low volume yesterday. The biggest mover was Tyre Rubber, losing 1.3 per cent while China TM was the biggest climber, ending 2.7 per cent higher. No 2 TM, Jinqiao and Refrigerator also closed higher. Others closed unchanged.
      506 words
    • Article, Illustration
      Lock icon TOKYO
      2560 20 Reuter TOKYO The Bank of Japan's decision to cut the official discount rate by 0.75 percentage points to a record low of 1.75 per cent led stocks to close higher in fairly active trading yesterday, brokers said. But investors remained concerned about economic recovery. "The market won't move vigorously
      Reuter; Source: Bridge Info  -  2,560 words
    • Article, Illustration
      Lock icon BANGKOK
      1844 20 Reuter BANGKOK Stocks slid across the board in the afternoon yesterday. The SET index dropped 4.43 points to close at 992.58 on turnover of 7.61 billion baht. It had plunged to a low of 988.49. down 8.52 points, before the close on rumours parliament would be dissolved. brokers said.
      Reuter; Source: Bridge Info  -  1,844 words
    • Article, Illustration
      Lock icon JAKARTA
      1018 20 Reuter JAKARTA Share prices closed higher with local players dominating trading activity in moderate afternoon session yesterday. brokers said. Dankos Laboratories continued to be well supported and rose 40<) rupiah to 14.400 on thin volume on the hope that Hexpharm would boost its earnings. one broker said. Semen Cibinong,
      Reuter; Source: Bridge Info  -  1,018 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2129 21 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume \«a K* U MX 65.525 OOO IJris Hvii MV 21.177.000 lianda Hid*. U.4W.U80 C VSH MX 15.492.000 kamunling MX' 11.505.000 FUBMX I I.M2.000 (nvMen Htus H 10.484 000 RcrxMig Bhd MX 10.264.000 CjciKral I orp 10.024 000 PegiMsia 304.000
      Source: Bridge Info  -  2,129 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares retreat from intra-day highs to end mixed
        5605 21 Bernama KUALA LUMPUR Share prices here retreated from their intra-day highs to close narrowly mixed yesterday because of the lack of follow-through on bargain-hunting which plucked prices up from their lows in the early trade. The KLSE Composite Index ended at 818.63.
        Bernama; Source: Bridge Info  -  5,605 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6714 22 Gr Cr 1993 Last V«l Dn Lm OM Ur» Dn YM Net MC* High La* Ci a t llj Sale 0880) High Lot k)« Sefter CV Wt tad MDUSTMAL MID GOMMEKML 1350 260 Aon 1110 cd -10 90 1110 1090 1100 1110 12.5 2.1 1.1 48.1 765.1 270 220 l
        6,714 words
      • Article, Illustration
        Lock icon STII weakens slightly in first extended session
        1010 22  -  By R Sivanithy SINGAPORE Share prices closed steady yesterday, even though profit-tak-ers jabbed the Malaysian speculative bubble for the second day running. The Straits Times Industrials Index finished 2.63 points lower at 1,995.74, while the BT-MGA Index gained 2.24 points to 885.81 and
        Source: Bridge Info  -  1,010 words
      • Article, Illustration
        Lock icon Pegi Malaysia
        68 22  -  WirooT Paul Leo PEGI Malaysia at $1.18 is a punt. A daily RSI of 25 indicates that it is oversold. It is trading near the base of an upward sloping channel formed since July, which means that it is well supported at $1.10. Support bdow $1.10 is at
        SOURCE: BRIDGE INFO  -  68 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      308 9 SSE's step-by-step expansion plan, Shipping Times Ffc 18 fK&SW UPDATE ON ASIA'S SUPERMARKET INDUSTRY -25 Sept '93,11 am Qppi daily IMftLExhibition Centre, iievel 5 Admissiori.ior trade and professionals only Asia Supermarket '93 is the efchifiition showcasing fbt latesttechnology, merchandise and services for the Supermarket industry. yy\ w 1 Get that
      308 words
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      611 10 I" Available at: THE HELLO BOUTIQUE THE WYWY SHOPS PERTAMA GROUP COURTS COST PLUS SAFE SUPERSTORE I LUCKY CENTRE GWEE SHOP THE BEST CONNECTION AND OTHER LEADING ELECTRONIC SHOPS. I sota otatrtbutor: Inchcape Marketing (Equatron Business Machines) For inforcuiion al PVTSY 22t 2221 or Fax to 223 722< I BSL
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      116 11 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. a 8.V.1 ISLE OF MAN a BAHAMAS O JERSEY CI BELIZE O LIBERIA COOK ISLANDS D MADEIRA O DELAWARE
      116 words
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      Page 11 Advertisements Column 2
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      241 words
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      40 12 HjIHILH Melbourne City 50 60 Market Street, Melbourne, Australia I Residential potential. Leased to Government, with two years 50SA775mflliai ji r jOh j jfjl s j| For Sale separately or together. i |Ij| fpl I vtDl CorirmeKah Jim Ashley Woe
      40 words
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      167 13 I 1 j h j 11 I I fI B J fwHiH^l l B >"ai I *vm j I'lifii? k ®C2&£«* »OJ|« f^ I I '<^y^3B^B< FROM A HISTORY OF FIRSTS, TO A NEW LEVEL OF SERVICE THAT PUTS YOU COMFORTABLY IN THE SAME POSITION. Northwest is always finding new
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      Page 14 Advertisements Column 1
      33 14 The University of Queensland tMBA fffl] Master Business Administration V J M.Prof.Acc Master of Professional Accounting 2 Prestigious Educational Institutes Join Together To Bring You 2 Prestigious Masters Degrees. n^HVf IS r g
      33 words
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      Page 14 Advertisements Column 2
      302 14 is now proud to be able to provide its Master of Business Administration and Master of Professional Accounting courses by distance learning in Singapore. Already ranked as having one of the top six MBA programmes in Australia, The University of Queensland hopes to further perform its basic functions of the
      302 words
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      689 15 CAN YOU AFFORD lOT TO BE CONNECTED? S-j SV 1 to XXvx > 'M'lii iff IP^ W"% 4Bh fflp. infill! THE SYMPOSIUM FOR NETWORK COMPUTING 30 September and 1 October 1993 SIGN UP NOW TO BE CONNECTED Compaq World '93 is an informative and educational event that Opening address by
      689 words
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      642 16 [PREMIUM LOCATION 1 WSMr for REDEVELOPMENT I in CHRISTCHURCH I -"''fammTWSßm H| PnRMs, |^h I FARMERS TRADING COMPANY SITE I Victoria Square, Christchurch, New Zealand H Eg '::;:^^H Existing tenant income. (National retailer) 91 Land area 5519m 2 Four street frontages. r Wide frontage facing north and overlooking H| %J
      642 words
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      Page 17 Advertisements Column 1
      107 17 THE CFC ISSUE You Want Answers -Mi cMM J.-M. ;j" pt •;<Sw"' i :i-'. v->* **> i s < 1 i mm m?mz r f?=«a MX-dUj p*SS igsS We Have Solutions Trane Capability: Provides efficient environment-friendly solutions Ngee Ann City uses 8 Trane Hermetic Chillers. Trane Technoloqy: Our Chillers are
      107 words
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      551 18 BUSINESS TIMES TOLL-FREE TEL. No. 1800-741 1833 FAX:74I 1298 FORM 65A THE COMPANIES ACT (Chapter SO) SECTION 291(1) STATUTORY DECLARATION BY DIRECTOR OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES Name of Company Aerodyne International Pte Ltd Company No 1991/*****W The Registrar of Companies Singapore I. Artef
      551 words
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      Page 18 Advertisements Column 2
      22 18 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead ITlißrgP gill
      22 words
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      66 21 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. Ai Citibank vou can prosper through a wide ranue of investments, l.oeal and Asian Dollar Time Deposits. I nfixed Time Deposits. Foreign Currencies. Unit Trusts. Margin Trading Accounts and more.Just call our 24-Hour Citil'hone Banking toll-free on (1800) 225-5225 tor
      66 words
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  • SPORTS
    • Article, Illustration
      Lock icon US Ryder Cup team on presidential mission
      752 23 Golf Reuter, AP SUTTON COLDFIELD. England The 12-mcmber American team, saying it was on a presidential mission, arrived in Birmingham on Monday night via Concorde for this weekend's Ryder Cup. "The president's last words to us were: Bring it back,'" said captain Tom
      Reuter,; AP; Reuter  -  752 words
    • Article
      Lock icon Beijing pulls ahead in race for Olympic venue
      422 23 AFP MONACO International Olympic Committee (IOC) members are often accused of being out of touch with reality but the "show must go on" mentality is expected to prevail tomorrow with Beijing being awarded the 2000 Games. That much became apparent here over
      AFP  -  422 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon American Football
        139 23 Reuter AP KANSAS CITY Nick Lowery kicked five field goals and Joe Montana outduellcd John Elway as the Kansas City Chiefs beat the Denver Broncos 15-7 on Monday. Lower\ made field goals of 34. 41. 52 and 44 yards in the first half and added a 20-yarder in
        Reuter; AP  -  139 words
      • Article, Illustration
        Lock icon Badminton
        76 23 Reuter IjONDON World singles rankings Men: I Heryanto Arbi (Indo) 1.380 points 2 Thomas Stuer-Lauridsen (Den) 1.160 3 Ardy Wiranata (Indo) 1.080 4 PoulErik Hoyer-Larsen (Den) 890 5 Joko Suprianto (Indo) 880 6 Allan Budi kusuma (Indo). Women: I Susi Susanti (Indo) 1.360 2 Lim Xiaoqing (Swe) 1.205 3
        Reuter  -  76 words
      • Article, Illustration
        Lock icon Baseball
        57 23 Reuter NEW YORK American Leagw Monday: Cleveland 6 Baltimore 4; Detroit 6 Milwaukee 3: Chicago 10 California 2; Oakland 2 Kansas City I; Texas 2 Seattle I (10). National: San Diego 11 Colorado 7; LA 5 Cincinnati 2; Philadelphia 7 Florida 1; Pittsburgh 6 NY 2; Chicago 6 St
        Reuter  -  57 words
      • Article, Illustration
        Lock icon Golf
        122 23 Reuter Reuter sr NOM LA BRETECHE, France European mone> leaders after Lancome trophy Sunday (Briton unless stated); I Nick Faldo £415.603 (551.014,070) 2 lan Woosnam £400.005 3 Sam Torrance £369.722 4 Bernhard Langer (Ger) £365.495 5 Peter Baker £360.864 6 Colin Montgomerie £359.423 7 Costantino Rocca (lta) £342.336 8
        Reuter  -  122 words
      • Article, Illustration
        Lock icon Soccer
        46 23 AFP WASHINGTON International Olympic Committee approval of women's football as a medal sport for the 1996 Atlanta Games was hailed by the US interests that pushed for the sport's inclusion. The US team won the first Fifa World Women's Championship in 1991 in China. AFP
        AFP  -  46 words
      • Article, Illustration
        Lock icon Tennis
        48 23 AFP TOKYO Nichirei women's tournament Ist rd Tuesday: Lindsay Davenport (US) b Mana Endo (Jpn) 6-4. 5-7, 7-5; Amy Frazier (US) b Katerina Maleeva (Bui) 6-1, 6-4; Ai Sugiyama (Jpn) b Linda Harvey-Wild (US) 6-3. 2-6. 6-3; Amanda Coetzer (SA) b Lisa Raymond (US) 6-2. 6-4. AFP
        AFP  -  48 words
  • Page 23 Advertisements
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      309 23 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 LUM CHANG HOLDINGS LIMITED UNSECURED SERIES B HYBRID BONDS DUE 1996 In accordance with the provisions of the Bonds, notice is hereby given that for the three-month period from 22 September 1993 to 22 December 1993, the Bonds will carry a rate of
      309 words
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      Page 23 Advertisements Column 2
      95 23 LANKA TREASURE SINGAPORE PTE LTD (In Members' Voluntary Liquidation NOTICE OF FINAL MEETING NOTICE HEREBY GIVEN pursuant to Section 306 (1) end (2) of the Companies Act. Cap, 50 that the Final Meeting of foembera of the abovenamed Company wil be held at 220 Orchard Road iOS-01 Midpoint Orchard Singapore
      95 words
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      Page 23 Advertisements Column 3
      203 23 NOTICE BANK DAGANG NEGARA Cayman Islands Branch U5575,000,000 Negotiable Floating Rate Notes due September 1997 In accordance with the provisions of the Notes, notice is hereby given that for the Interest Period from 22 September 1993 to 22 March 1994, tha Notes will carry an Interest Rate of 3.75% per
      203 words
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      Page 23 Advertisements Column 4
      1050 23 A The Mitsubishi Bank, Limited Incorporated in Japan with Limited Liability CONSOLIDATED BALANCE SHEETS CONSOLIDATED STATEMENTS OF INCOME MARCH 31, 1993 AND 1992 FOR THE YEARS ENDED MARCH 31, 1993 AND 1992 1993 1992 I 3 1 **2 (In minions) (In millions) 0" mMllona) (in millions) ASSETS Inttrtft incofnt: Cash
      1,050 words
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      914 24 Nothing Beats A Bud. where to wine, dine and entertain O OP IP FULL DAY 1 SEMINAR PRCKRGE at only $45.00 per person Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel
      914 words
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      Page 24 Advertisements Column 2
      334 24 THEEtyITWENT.^ Enjoy an unforgettable evening of spectacular world class revues at the Neptune. And our Ear+y Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. ShoMim: 8 00pm to 8.30pm 9.30pm to ISiMpm 7* fc». tan Mm Hmk. CaUfß Qmf. j 0104 Id U4M24 b
      334 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Centenarian Peter Rabbit burrows his way to fortune
      710 25  -  Helena Pozniak looks at the phenomenal growth of the children's book character Helena Pozniak Reuter I SHALL tell you a story, wrote 27-year-old Beatrix Potter to a small boy 100 years ago this month and went on to create one of the
      Reuter  -  710 words
    • Article, Illustration
      Bride Daryl — there's a hitch
      535 25 Bride Daryl there's a hitch CHATTERBOX THE BOSTON HERALD says the real reason John F Kennedy Jr and actress Daryl Hannah didn't get married last weekend is because, well, they aren't even engaged. The paper quoted someone "oh-so-close" to Kennedy's mother. Jacqueline Kennedy Onassis. The source said Hannah and JFK
      535 words
  • Page 25 Advertisements
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      123 25 Truly^"^ Authentic Quality Indonesian Food. It's Worth Going A Little Out Of Your Way To Find It. If you have a taste for authentic Indonesian jk v food, get away from the hustle and bustle, of t downtown Singapore, at Tambuah Mas where you'll dine on a selection of quality,
      123 words
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      Page 25 Advertisements Column 2
      33 25 152 Iqnger hours here means Happy Hours Til 9pm nightly the longest Happy Hours in town RESERVATION HOTLINE 225 6636 10am 6pm (Mon Fri) I EUROPA RIDLEY'S ANA Hotel 16 Na&sim Hill Te1:235Q135
      33 words
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      Page 25 Advertisements Column 3
      7 25 IsSss (pojff erS t ■b the most
      7 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      1235 25 I TV RADIO Tycoons, Bpm, SBC 12 Often callcd America's ambassador of wine. Robert Mondahas been admired for vision, drive and commitcment to excellence. IMng his marjk Mondavi turned a $200,000 m million a >ear business. Osprey Summer, 9.30pm, Bob Langlcy and Roy Dennis- C i %2|^J take a trip
      1,235 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      India needs to globalise economic policy
      1173 26  -  Change and reform in India Special to BT KAUSHIK BASU KAUSHIK BASU Kaushik Basu is a Professor of Economics at the Delhi School of Economics. He has been Visiting Professor of Economics. Princeton University and a member of the Institute of Advanced Study, Princeton.
      1,173 words
    • Article, Illustration
      Can the political system support economic reform?
      1063 26  -  Special to BT MALVIKA SINGH MALVIKA SINGH Malvika Singh is associate publisher of the Business India group, a leading magazine publisher. She is also publisher of Seminar, a monthly Journal on alternative ideas MORE than four decades of the command economy have succeeded
      1,063 words
    • Article, Illustration
      Can the Indian dinosaur fight extinction?
      1271 27  -  Change and reform in corporate India Special to BT ANAND MAHINDRA ANAND MAHINDRA The writer, trained at the Harvard Business School, is deputy managing director of Mahindra A Mahindra Ltd. one of India s leading automobile manufacturers U-W- URASSIC Park" is I the name
      1,271 words
    • Article, Illustration
      Challenging the old ways of business
      1121 27  -  SN VASUKI SN VASUKI The writer, an Indian national. is a BT correspondent IN A country where business dynasties like Tata and Birla have a hundred year history behind them, India's Essar Group's surfaces like a new kid on the block. Its youthfulness has
      1,121 words
  • Page 26 Advertisements
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      263 26 DairyFci/m 1993 Interim Dividend On 15th September 1993, the Company declared an interim dividend of US$l.55 per ordinary share which will be payable on 29th November 1993. In order to qualify for the interim dividend, all transfers accompanied by the relevant share certificates must be lodged with the Company's registrars
      263 words
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      165 27 THE OLD CAIRNS COURTHOUSE PRECINCT Queensland. Australia —zn —cr —n n HOW and x -T— 1 I '-TJPfi i T i=f" j V V K HOW —i <N>\ .TOKYO HOMO KONC 7hr 15m«i HAWA* j(^^ v SN s > c l sinc»r nrr 9hr lOmm I r OUCKLOWD I CAlRWS^^*^3Sm|n
      165 words
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  • Article
    French farmers versus the world
    567 28 EDITORIAL THE European Community's foreign and farm ministers produced an outrageously ambiguous statement after a marathon 12 hours of talks in Brussels on Monday. But that was probably the only way they could declare a "successful compromise". A hardline France had demanded that the EC
    567 words
  • WHAT THE OTHERS SAY
    • Article
      Standing up to foreign gurus
      244 28 IS IT stage-fright that is depriving Singapore of its own experts able to advise investors with the widelyaccepted authoritativeness of foreign gurus, or investors with the willingness to be trend-setters instead of camp followers? The problem is partly historical, a leftover from when regional investors
      244 words
    • Article
      Justify the fee hike
      185 28 MENDAKI's announcement that it will increase the fees for its tuition classes might surprise some parents. It is not so much the fact, but the quantum that is $20 across the board beginning next year. Mendaki's director for school programmes, Suparman Adam, said the increase is
      185 words
    • Article
      Make Case more influential
      177 28 AS THE fundamental objective of the Consumers' Association of Singapore (Case) is to protect consumer interests, it must have the support of consumers. Hence, it must go down to the masses and be able to rely on its own strength to build up its own mass
      177 words
    • Article
      Prove your competence now
      98 28 A NATIONAL-SCALE controversy is the last thing Prime Minister Chuan Leekpai wants when he leads his Cabinet for a second take-off with the Seritham Party as a new coalition partner. The cosmetic change was both by circumstance and by choice, but it has considerably improved the
      98 words
    • Article
      The dilemma of suspension
      179 28 ITS ONE of the most difficult dilemmas a regulator faces: whether to maintain trading in a stock or to suspend it in cases of uncertainty. To continue trading allows investors to get in and out of a stock if they wish, but to suspend gives them
      179 words
    • Article
      Towards regional prosperity
      172 28 IT MAY BE remembered that, at a forum on Asean cooperation held in Manila earlier this year. President Fidel Ramos called on the six member-countries to build a stronger base for interdependence to face a more complex and more competitive world. A wise recourse, he said, was
      172 words
  • Article, Illustration
    Lock icon The panacea for Japan's economic ills
    953 28  -  Kenichi Ohmae says the best way to boost the economy is to invest in housing on a large scale, tapping the huge well of private savings Kenichi Ohmae The writer, chairman of the Japanese arm of management consultant McKinsey, last year launched a pressure
    FT  -  953 words
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      165 28 Outstanding Investment, Outstanding Green Views..... TYanquil, Elegant residential environment; Splendid Greens facing Elourea National Park and only a short walk to shops, schools, transport, etc The charm of country living with residential convenience. Architect designed luxury townhouses comprising 3 large bedrooms, master with walk-in robe ensuite. Spacious formal dining ff/n
      165 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      93 28 I.l«^J i NOTUIMG TO] S»T AT N\V TyPe^RtTtß, COLUtfS._\ V ,T UOST THOUGHT FWD -rue. OF W£.6ook sf L£.T ro>{ FiMGeRs UP^GR XIViHG DePiTV* N*me "TAPING fboLj r »Dl>f Ovefc Tut ivORV \s stzxuB.R... woul CTVI y 1,0) k Ikevs &i W Jm-**- C ASSOCIATCO NCWSPATCftS LTO, IMMHI f f
      93 words
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  • ANALYSIS
    • Article, Illustration
      China will speed up its exchange system reform
      997 29  -  Interview with Mrs Wu Yi, China's Minister for Foreign Trade and Economic Cooperation MRS WU YI, China's new Minister for Foreign Trade and Economic Cooperation, entered politics only in 1988 and is considered a rising star. She is one of only three
      997 words
    • Article
      Lock icon Playing the guanxi game with such finesse
      1115 29  -  Lawrence Malkin meets a Chinese-American TV celebrity making waves in China with her cosmetics Lawrence Malkin IHT FOR generations, the lure of the China trade has been the hundreds of millions of Chinese themselves. Anyone who could corner the market for toothpaste or
      IHT  -  1,115 words
  • Page 29 Advertisements
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      257 29 Queensland "(E&nomists StilreWt Figure It EithCT:) It's an unbelievable proposition that has left the as golfing on some of the most beautiful golf courses business community stumped. Especially since it's in anywhere in the world. And because there sso much spectacular Queensland Australia's "sunshine state". to do, we've put together
      257 words
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  • Article, Illustration
    Lock icon EC to hold talks with US over French farm demands
    519 30 BRUSSELS European Community foreign ministers meeting here yesterday arrived at a compromise over French demands to renegotiate the controversial Blair House Agreement with the United States on farm subsidies. The ministers rejected France's call to renegotiate the agreement with the
    Reuter  -  519 words
  • Article
    Lock icon US team encouraged by trade talks with Indonesian ministers
    275 30 Reuter JAKARTA US officials, in Indonesia to investigate workers' rights at the centre of a trade dispute, said yesterday they were encouraged by Jakarta's response to their visit. An embassy spokeswoman quoted Joseph Damond, from the Office of the US Trade
    Reuter  -  275 words
  • Article
    Lock icon Yeltsin disbands parliament, announces Dec polls
    211 30 AP MOSCOW President Boris Yeltsin attempted to seize complete control of Russia yesterday, disbanding the hardline parliament without warning and announcing new elections in December. This was followed by an announcement by Vice-President Alexander Rutskoi, who told reporters yesterday he was taking over as
    AP  -  211 words
  • Article
    Lock icon UK growth data in 2nd qtr encouraging: economists
    210 30 Reuter LONDON British gross domestic product (GDP) grew by 0.6 per cent in the second quarter of 1993, confirming a recovery is underway for the British cconomy. "Overall the figures are quite encouraging for the government in that they show a stronger
    Reuter  -  210 words
  • Article
    Shinawatra must now bid for rights to new TV channel
    437 30  -  From Loh Hui Yin in BANGKOK TELECOMMUNICATIONS group Shinawatra, previously said to have bagged the rights to operate a new television channel, will now have to bid for it. The Thai cabinet said at its weekly meeting yesterday that the
    437 words
  • Article, Illustration
    Towards a 24-hour service day for Singapore
    836 30  -  The Bottom Line RONALD KAUFMAN RONALD KAUFMAN The writer is the director of customised training with the Service Quality Centre. He specialises in design and delivery of training programmes for increased customer satisfaction THE Stock Exchange of Singapore has decided to extend trading
    836 words
  • Page 30 Advertisements
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      91 30 Tomorrow in Business Times It's alright. With the uni-ball micro rolling pen, water-resistance is just one of its outstanding qualities. The Uni-ball Micro Deluxe rolling thus allowing clearer impressions ballpoint pen uses a special with ease. Reliable and perfect for pigment ink which can offer re- today's high-tech age. sistance
      91 words
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      Page 30 Advertisements Column 2
      8 30 Leader French farmers versus the world, Pg 28
      8 words
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      Page 30 Advertisements Column 3
      163 30 Tomorrow in Business Times MANAGEMENT CONSULTING SKILLS 3-day seminar conducted by INSTITUTE OF MANAGEMENT CONSULTANTS (SINGAPORE) Date :7to 9 October 1993 Registration by 28 September Time 8.30 a.m. to 5 p.m. k k a A Venue Pinetree Town Country Club 30 Stevens Road 20% OFF Conference Room, Level 2 t
      163 words
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  • Shipping Times
    • Article
      Lock icon Chinese ship attacked by dragonflies
      202 31 Reuter BEIJING A Chinese oil tanker sailing through the Yellow Sea was attacked by a swarm of millions of dragonflies which covered the ship and scared one crewman so much he jumped overboard, an official newspaper said. Several days after Shanghai Maritime Bureau Tanker 1002
      Reuter  -  202 words
    • Article
      Jardine Shipping forms alliance with 2 others
      437 31  -  By Dexter Lee SINGAPORE Jardine Shipping Agencies has formed a strategic tie-up with Kanoo Shipping Agencies of Saudi Arabia and Norton Lilly International of the US to beef up their respective operations. The three parties have set up the International Association of Shipping
      437 words
    • Article, Illustration
      PSA conducts ferry rescue exercise with Johor
      266 31 SINGAPORE The Port of Singapore Authority (PSA) and its Johor counterpart yesterday conducted their first joint ferry rescue exercise. It involved the simulated rescue of 80 passengers aboard a ferry which caught fire half-an-hour after leaving Changi Ferry Terminal for Tanjung Belungkor. The
      266 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1129 31 Page Col ABC Containcrline 12 I Accord Group 8 1-3 Africa Container 16 1 Ahrcnkicl Liner 4 1/2 Alpha Feeders 6 I ANL 3 1/2 APL 5 3-5 Appcnship 18 3/4 Arabian Express 16 3 ASCL 5 5 ASXCL Shpg 15 2 Avant
      1,129 words
    • Article
      Lock icon KPM eyes dockyard businesses
      541 31 Bernama PORT KLANG Klang Port Management (KPM) is seriously looking into untapped dockyard activities as another potential revenue earner for the company which took over the remaining services of the premier port last December. KPM managing director Elias Kadir said the company was spending MS2 million
      Bernama  -  541 words
    • Article
      Lock icon Truckers' strike strangles cargo in Bombay
      377 31 Reuter BOMBAY Truck operators in Bombay joined a nationwide truckers' strike yesterday, effectively shutting down cargo movement to and from India's biggest port. Over 180,000 trucks in Bombay and the western state of Maharashtra stopped movements at midnight on Monday after the state transporters'
      Reuter  -  377 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        601 32 Vessel Voy No Berth Arrival Departure Vessel Voj No Berth Arrival Departure Juronc Port Nwia Bomta 02 TO 7 jtorgsid* 2109 2300 AIS 23 B 2/93 J6 alongside 22 09/2300 Peiita Irian 15/93 TO3 alongside 21.09/1800 Brilliant Reete 9318 112 alongside 2209/2000 Plu To 1/93 P06 alongside
        601 words
      • Article
        CONTAINER SCHEDULES
        1563 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From to Soan 84A 22/1500 1 21/1500 21/1659 21/1900 Ac. Volet 256 24/1800 1 21/1500 21/1659 21 1900 3 22/0700 22/1159 22/1400
        1,563 words
    • Article
      THE SHIPPING GUIDE
      10457 40 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
      10,457 words
    • Article
      DAILY FREIGHTS
      804 47 THE BALTIC Freight Index for spot dry cargo shipping rates was unchanged Monday at 1.423 from Sep 17. The pace slowed on the freight market after last week's flurry of activity, brokers said. Kates remained firm for handy-max bulk carrier tonnage in the Atlantic although little new has
      804 words
    • Article
      TRANSPORT DIARY
      364 47 COURSES Title: Warehousing Marketing Strategy Duration: Sep 22 Organiser The Chartered Institute of Transport Singapore Tel: For further details contact the CIT secretary at 226-3433 or fax: 226-2477. Title: Airport Management Duration: Sep 27 Nov 5 Organiser: Singapore Aviation Academy, Civil Aviation Authority of Singapore Tel: For further
      364 words
    • Article, Illustration
      Lock icon SSE's step-by-step expansion plan
      936 48  -  Singapore Shipbuilding and Engineering, in investing $48m in a new site, is eyeing larger vessels to come, reports Rahita Elias Rahita Eiias Boon swan foo. managing director of Singapore Shipbuilding and Engineering (SSE), believes in taking things one step at a time. This is clearly reflected
      Photo by Chris Loh  -  936 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Japanese carmakers headed for bumpy ride
        593 50 Reuter TOKYO Japan's big carmakers, likely skidding into a gully of slow growth, are bracing themselves against a battering by the strong yen. The high yen, which inflates the prices of exports, is dealing a double blow to the Japanese car industry, already hit
        Reuter  -  593 words
      • Article, Illustration
        Lock icon Looking for a pick-up
        64 50 AFP JAKARTA Young boys offering their services on Monday to a car with fewer than three passengers. Jakarta has a traffic congestion problem and during rush hours motorists are required to pass several main thoroughfares with not fewer than three people in their cars. Poor children
        AFP  -  64 words
      • Article
        Lock icon UAW starts talks with Chrysler next
        509 50 Strategy puts pressure on GM to accept same wage deal as Ford's Reuter DEARBORN, Michigan The United Auto Workers Union, fresh from negotiating a tentative contract with Ford Motor Co said it will begin intensive bargaining at Chrysler Corp today. UAW president Owen Bieber
        Reuter  -  509 words
      • Article
        Lock icon GM Canada on union's deal with Chrysler
        340 50 Reuter TORONTO Canadian Auto Workers (CAW) president Buzz Hargrove said on Monday General Motors of Canada Ltd chief union negotiator Bill Tate called the union's contract with Chrysler "much richer" than expected. The CAW expects to use its three-year contract reached with Chrysler
        Reuter  -  340 words
      • Article
        Thai air show takes off today
        236 50  -  By Ramesh Divyanathan SINGAPORE Thailand's first international air show takes off today, with Prime Minister Chuan Lcekpai as guest of honour. The man coordinating the show, Air Chief Marshall Gun Pimarnthip, hopes it will encourage joint-ventures between Thai and foreign aerospace companies. The event
        236 words
      • LOG BOOK
        • Article
          Lock icon Eva starts flights to Sydney, Brisbane
          79 50 Bloomberg Business News TAIPEI Eva Airways Corp. a unit of shipping giant Evergreen Marine Corp. began twice-weekly flights between Taiwan and Australia yesterday, the airline said. The flights, using Boeing 767-300ER aircraft, will depart from Taipei for Sydney and Brisbane every Tuesday and Saturday,
          Bloomberg Business News  -  79 words
        • Article, Illustration
          Lock icon Bridging differences
          45 50 Reuter VIENTIANE, Laos Laotian and Thai construction workers symbolically join hands and walk across the new Friendship Bridge over the Mekong river connecting Thailand and Laos. Funded by Australian aid, the US$42-million (5567.2 million) bridge is due to open early next year. Reuter
          Reuter  -  45 words
        • Article
          Lock icon American Airlines, union resume talks
          116 50 Reuter DALLAS Talks between AMR Corp's American Airlines and the union representing its flight attendants resumed on Monday in Washington, DC, and the national mediator told both sides to expect to stay through the week, a union spokesman said. "He (mediator) told both parties they
          Reuter  -  116 words
        • Article
          Corrections and clarifications
          50 50 IN yesterday's article "SNSA to launch bunker supplier registfy on Oct 1", it was reported that Daniel Tan was the chairman of the association's Group F. He is not. Group F has also been renamed Group B in a recent restructuring. We are sorry for the errors.
          50 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1379 50 C*» FHM ETA FNgM FTO Abu Dhabi GA895 1435 GA984 0150 VfdtHfrt SQ227 2230 Amman RJ182 1440 Amsterdam SQ319 0715 KL838 0020 KL831 0935 SQ324 2230 GA975 1455 KL832 2320 Atham SQ347 1735 Aitrhlmd NZ218 1820 NZ22 1935 SQ288 2025 Bahrain GF149 0650 GA103/222 1015 Sari
        1,379 words
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      477 32 TSKLJNE AGENCIES (S) PTE. LTD. r I V Tm-np Tel: 226-3363 J. I lIMr Fax: 226-1972/3 *7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I EXPORTS TO HONGKONG. HANHA. TAIKAN t JAPAN "TUBCE WEEKLY" I BS 258 **20.09 **22.09 21 09 24 09 28.09 3019 05
      477 words
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      Page 32 Advertisements Column 2
      1583 32 MMCT TO U«* Wt»T CQtIT l«C»-«X>W CUJKMUA CTMHI TO »A«T MmtIRNMBAM ffUU. COWTAWOI «CT»K»I 1 JOS ifi!__ißßt U m EZ Si ML- HMICI_ag B_ iM Kga IMI" [""T pt MBlunnMl KM BMi »sn CALIFORNM RJPITfR 67 22 23 9 910 1110 1)10 14 10 1? 10 17 10 1310 14
      1,583 words
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      2538 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN. TEL' *****13 FAX: *****42 PETALING JAYA TEL 03-*****76 FAX. 03-*****42 DOCUMENTATION TEL. *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL. *****4 FAX_ *****1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 Ip O H TEL5427 °3 /4 542 7°® CFS (PSA F5)
      2,538 words
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      Page 33 Advertisements Column 2
      1914 33 ■□nmnaEnza FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS LEXA MAERSK V.9310 ETA SIN 24TH SEPT 93 LIVERPOOL BAY V.5385 ETA SIN 27TH SEPT 93 LICA MAERSK V.9310 ETA SIN 30TH SEPT 93 Vessel Voy ETA ETD Feeder by SL "^r rt DESTINATIONS Th»s MA MATHILOE MAERSK v 9308 I ~~1 28 o« o«oo
      1,914 words
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      1775 34 AOABA R DAM/ il ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA FRANKFURT EXPRESS 69/137 22/9 9/10 12/10 10/10 p ort Kelang. Penang KITANO 21/337 25/9 4/10 10/10 13/10 15/10 18/10 20/10 Pasir Gudang KATSURAGI 17/138 29/9 16/10 19/10
      1,775 words
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      Page 34 Advertisements Column 2
      568 34 mn FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vottochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocT®Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel ETA SIN NED AMERICA V
      568 words
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      Page 34 Advertisements Column 3
      1384 34 NORASIA NORASIA SINGA 9336-3 23/09 13/10 16/10 17/10 17/10 18/10 19/10 21/10 22/10 23/10 I NORASIA SHARIAH 9337-3 30/09 20/10 23/10 24/10 24/10 25/10 26/10 28/10 29/10 30/10 I NORASIA MUBARAK 9338-3 07/10 27/10 30/10 31/10 31/10 01/11 02/11 04/11 05/11 06/11 I NORASIA AL-MANSOORAH 9339-3 14/10 03/11 06/11 07/11
      1,384 words
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      2080 35 Wl STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE CTTngJ (A SERVICE OF CHINA NAVIGATION CO) CARGO S out SAM.S RAJAH BROOKE V23t Muara. Lib 22-23 Sep 24 S#p 25 Sep FCL, LCL CONTAINER AND MEAKBULK SERVICE
      2,080 words
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      Page 35 Advertisements Column 2
      2687 35 SINGAPORE AGENT: AtltQlflAl*C PAO Container# (Singapore Agencies) Pte Ltd V* X i\V/ VjUlllCllllVl 3 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 T e< 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W -*»">•' CR Number: **********0Z EXPORT IMPORT VESSEL VO* pPNG *P*G SIN ALG SOU ANT
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      845 36 i|K EKA JAYA AGENCIES Vlr TEL; *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE LMJAWMAW TBAPt PAflEfl HAWftWMC/MMCT WILUAM WEE 2Hota« WMMI/MHM2 W.». TAW *1*4415 in isfltifi nuTiHfiWfm HO CHI MIHH CITY THADE HtHwr we 2mw24 mnn/mmi WR.KQMQ *****14/534M60 KELVWI CHAW *****25 MS37M/*****13 TO MYANMAR/YANGON SEMI CONTAINER SERVICE "jfasssr/-
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      1943 36 0 HANJIN SHIPPING EM Wl SM LME HAU. SEA PCX fDR VSI SM ll* H*U SAV HM IWC HANUN BREMEN 009E ?3/9 O«CT 14/11 M/ 10 HMUW BREMN 00* 23/9 H MEIUW 0441 «/10 M/ 10 31/10 HAN UN HAMBURG 01SC 30/9 OKCT 21/10 23/10 HAW* HAMBURG 01SC 30/9 H.
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      1307 36 V J J .TrqTT^^T^ Im scr kk ws us ns m N kt w no lu cm it ntc im m n ir at n n I E GROWTH KM? 211 30/1 MO 7/IO 1/10 11/ II 12/ It 14/11 IS/1« It/10 1110 71/ It 11/U 12/11 11/ll 23/11 21/11
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      2703 37 PLEASE CALL II II II NEPTUNELINK (1800 *****00 TOLL-FREE) U II mm II FOR THE FOLLOWING INFORMATION: HI ■I II VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ ■I W FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ AVAILABILITY OF DOCUMENTS FOR COLLECTION ||J EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC USQULF MIDWEST USEC CANADA
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      Page 37 Advertisements Column 2
      1201 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****33 BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHIPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO: **********0/N
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      1674 38 AS AGENTS: K" LIN€ (SIN6APOK) PTC LTD (CR No: **********0 M] TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I 1 IVI li MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHO M2A TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUT INTERNUSA. TEL: JKT *****08 rnpm
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      Page 38 Advertisements Column 2
      1133 38 PHI LI-OR l€ NT LINGS PTC LTD V" 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION ggg l AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 23 SEP SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 24 SEP AUCKLANO. WELLINGTON, LYTTLETON.
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      1019 39 PACIFIC INTERNATIONAL LINES (PTE) LTD 1 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO: **********06 I VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN SINO MARINE 14N 2S/9 28/9 2/10 KOTA B£RKAT 34,1 26/9 SINO MARINE 14N 25/9 28/9 2/10 BUNGA TERATAI 3493 2S/9 1/10
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      1492 39 VESSELS VOT SPORE HAMBURG ROTTERDAM ANTWERP THAMES LI HARVE HANSA emit* 733QW 25/09 21/10 73/10 74/10 2S/I0 27/10 gugggggg **<>* 31/10 02/11 03/11 04/11 04/11 ICLLAS MACEDOMA 9430W 10/10 04/11 OS/11 07/11 01/11 10/11 Wilt DC AQUR.A 7530W U/10 10/11 17/11 13/11 14/11 IS/11 •ALSO ACCEPTMG CARGO 10 AIL UK
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      Page 39 Advertisements Column 3
      478 39 BSA ik mm MYANMA plMflik FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kfc Pen PGdf PAGAN V2OOW ta Pt PATMEIN VI24W 27/29 Sep MPA AN VI9SW 21/30 Stp MALAYSIA AGENTS BOOS TIM) SHPPMG AGENCES KUL TEI 03 *****00 PKL UL 03 *****67 PEN: TEL 04-61(135 PGD
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      85 41 MARITIME INSPECTION CORPORATION Nival Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 years experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company formation Statutory survey and issuing of mandatory Load Line, SOLAS, MARPOL Certificates on behalf of the Governments of several open
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      2692 42 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: Central Agents: Booking Agents: Cuan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Ptc Ltd Shipping Freight Booking Centre Sdn Bhd 58 Persiaran Kait Muda Mesa Let 3.34, 3rd Floor, tl. IK. H. Juanda
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      649 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 27/09 ROTTERDAM 25/09 AARHUS/COPENHAGEN 27/09 HAMBURG/BREMEN 27/09 MARSEILLE/FRANCE 24/09 FELIXSTOWE/UK 27/09 BARCELONA/SPAIN 23/09 LEHAVRE/FRANCE 27/09 GENOA/ITALY 24/09 ANTWERP/BELGIUM 27/09 LOS ANGELES/WC/IPI 24/09 SYDNEY/MELBOURNE 23/09 NEW YORK/EC 26/09 FREMANTLE/ADELAIDE 23/09 VANCOUVER 1710 BRISBANE 23/09
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      Page 43 Advertisements Column 2
      1010 43 r VEBBEL s*! *l— vessel voy sin pew B I W I WANA BHUM M Wrd -lw W *5L_ 25/1 .#DE J A BHUM 2153 Fri 24/* Set 25/9 H m i™ 8 1 VOY I Itt fn 24/ t Twt n/1 [perkasa otn w 1 i! [MAHA BHUM I
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      224 43 Guaranteed Sailings to: BANGKOK LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lineo) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) i\sE] ETHIOPIAN SHIPPING LINES
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      425 43 •i I. Ki'|)|h KM. I'-I: L'l\ I" pi DONGNAMA LINE CONTAMBMKD BSRVICC tTRAfTS/BLW/MC/MN *ssa sps aw w bsk mc TU.SSAS mm a/9 n/9 1/10 11/u MAUT9A GLORY V3IM 1/1* VII 4/11 15/10 17/1* HaHaioMaarr mm 10 9 10 11/16 22/11 24/10 NAM VIIIH 13/11 IS/II 17/11 11/ It 2* 10
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      1883 44 ■IABMN container lines 2KVVVl Agents: MAC-NELS SPORE: *****22 (24 LINES) V I\y Jr/a No: **********0E PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/UKB/MED PORTS PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 24/9 25/9 26/9 Hong Kong
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      Page 44 Advertisements Column 2
      191 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD tn eta n* Sf<*£ rani KELANG HNANG am mux z%n load>rg lor MUVM HUOHU 15/10 Drcctwprg jrd loading tor Bombay DOIPHN 8 10 LoKkrg For Wal« PIONEER SUM [ME S 10 lo«fcr( for Mafe UMKEOH hi Pi loadirg For Malf P*OGRESS LKRIT
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      Page 44 Advertisements Column 3
      1056 44 THONG SOON LINES PTE LTD I I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY SPORE PEST VESSEL VOY SPOIE PEST EQUATOR JADE 90/3E 23 SEP KUCHING EQUATOR GRACE
      1,056 words
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      762 45 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE KCEPTMG BftEAKBUIK SOC CWGOES TO/FROM KOBE. YOKOHAMA. NAGOTA. MM. TOKYO*. MAM.A*. DAVAO*. Penanf* P. Kelanj Sinjapore E'Msia* KARABIEVERETT VI3E 25/26 Sep 27/27 Sep SHAPIAEVERETT VI7E 19/20 Oct 21/22.0ct IVYEVERETT V6E 19/20 Oct ACCEPTHG BUEAKBU.K FCt SOC CARGOfS TO/FROM CHIT A GONG. CAICUTTA AND
      762 words
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      Page 45 Advertisements Column 2
      324 45 Pt GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN V 25/9 27/9 3/10 TIMBER TRADER VIII 24/9 30/09 SP PKL HCM HK KAO GLORY SELATAN IX 2/10 4/10 10/10 •ALSO LOADING
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      Page 45 Advertisements Column 3
      554 45 #PGSL -WORLDWIDE PANAMA —GLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO SOUTHERN
      554 words
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      540 45 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P ELIZABETH SIN FENCMANGSHAN VS4/55 23 09 07/10 08/10 28/iO FUYUSMAN V4B/49 04/10 20/10 23/10 11/11 FENGSHUNSHAN V49/SO >9/10 05/11 08/11 26/12 ACCEPTS CARGO TO MM4ANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO LCL CONSOL SIN TO DURBAN/
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      Page 45 Advertisements Column 5
      269 45 SIN FAR EAST 28/9 KEELUNG/KAOHSIUNG 25/9 BANGKOK 27/9 MANILA/CEBU 26/9 JAKARTA/BELAWAN/SURABAYA 26/9 PORT KELANG/PENANG/E. MALAYSIA 26/9 BUSAN 26/9 TOKYO/YOKO/KOBE/NGO/OSA 26/9 HONG KONG S|M CHINA (<t>Eß#±*«n) 26/9 GUANGZHOU/HUANGPU/SHENZHEN F UZHOU XIAMEN SHANTOU SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 27/9 LDN/FLX/LVP/SOU 27/9 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech.
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      786 46 HONG KONG/CHINA 26/9 JAKARTA 26/9 BANGKOK 22/9 MANILA 27/9 BUSAN 26/9 KEELUNG 28/9 TOKYO/KOBE 26/9 KAOSHIUNG 25/9 PORT KELAN6/PENANG 27/9 YOKOHAMA 26/9 COLOMBO 19/9 FELIXSTOWE/HAMBURG 27/9 CHITTA6ON6/MAORAS 26/9 ROTTERDAM/LE HARVE/ANTWERP 27/9 BOMBAY/KARACHI 27/9 BARCELONA. MARSEILLES. 6ENOA 24/9 CALCUTTA 22/9 LAX/NYC 26/9 SYDNEY/MELBOURNE 23/9 30/9 CMT LINER EXPRESS AGENCIES PTE LTD
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      Page 46 Advertisements Column 2
      281 46 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 26th SEPTEMBER ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 24 SEP PORT KELANG 30 SEP JAKARTA 20 SEP BANGKOK 25 SEP SURABAYA 27 SEP FREMANTLE 01 OCT MELBOURNE 30 SEP SYDNEY 30 SEP BRISBANE 30 SEP I GOTHENBURG29 SEP 'ACCEPTING TO ALL
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      Page 46 Advertisements Column 3
      555 46 This Week's Sailings Singapore I To: ETD To: TtD HR aLa^ar ß ded Singapore Singapore 'SO 9002 b\ i.kqa EVERY EVERY Bangkok SUN Jakarta SUN lXj EVERY EVERY Manila SUN Ho Chi Minh FRI (((Jf) S]| EVERY EVERY Colombo TUE Limassol THUR L_!g-J| WTOmATKMM. St* FREIGHT FORWAHXNG M% Tel: Fax:
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      Page 46 Advertisements Column 4
      138 46 NIPPON EXPRE? Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI, SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore every TUESDAY
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      1391 47 LINE SEMI-CONTAINERISED SERVICE EASTBOUND PORTS VOV BUENOS MONTEVIDEO DURBAN SINGAPORE IHONG KONCI KAGOSHIMA YOKOHAMA VESSELS AIRES'" H. KRUPSKAYA EBOI SAILED SAK.EO SAILED SAILED 22/09 26 30/09 02/10 POLESSK EBO2 SAILED SAILED 23-24/09 08 12/10 17/10 21 28/10 30/10 DEKABRIST EBO3 0108/10 30/09 21 22/10 04 08/11 12/11 18-21/11 23/11 PRIOZERSK
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      617 47 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 1.1 1.7 2.1 2.3 2.4 2.1 1.7 1.4 1.1 1.0 1.1 1.3 1 8 2.3 2.7 2.8 2.7 2.4
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      327 48 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC "27N8 I 24. Q9.9j 02/IQ, 92 J VIGOUR PACIFIC 2im 27/09/93 02/10/93 tKUM MUW T B, BOREAS 2NB 30/09/93 05/10, 33_ VIGOUR SINGAPORE 63N8 01/10/93 09/10/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG VIGOUR PENANG
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      488 48 ©APPENSHIP /2\ HAMBURG IT\J CONVENTIONAL A INDEPENDENT LINER SERVICE > EUROPE TO SOUTH EAST ASIA ANO FAR EAST VESSELS LOADING PORTS DISCHARGE LOADING FOR GLIDER HAMBURG SLD SPORE 10/10. JKT 15/10 AGAUEMNON BRF.MERHAVEN 8/9 SPORE 8/10. SHANGHAI. RIZHAO. XINGANG KOALA CONTAINER LINE SPORE FIX HAM ROT lEH DM CS PSWICH
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      416 48 cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/09 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/10 20/10 Huangpu/Guangztiou COSCO FULL CONTAINER SERVICES (FCL/FCLI EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACM Please refer above mentioned
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      957 49 a h yundtsti MERCHANT MARINE CO. ITD. WESTBOUND TO EUROPE VESSELS VQY PWA PKE PCD VESSELS VOY_ SW HTM MOT* LEH* HAM MX PEL HMM ADVANCE 27A 21/09 22/09 23/09 OOCL CHARISMA 307W 27/09 15/10 15/10 16/10 17/10 17/10 19/10 NORASIA MALACCA 9329 A 28/09 29/09 30/09 H PIONEER 305*1
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      448 49 STRAITS/ JAPAN/ STRAITS SERVICE RO RO SERVICE TO BANGKOK, HO CHI MINH AND MUARA Orange Sky Vl# eta Sin 28/9 Orange Moon V 44 eta Sin 1/10 Koushun V3I eta Sin 9/10 For booking please contact P.K. Chiam tel: 220-4900 ext. 215 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK
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      Page 49 Advertisements Column 3
      981 49 JEDDAH/UK/CONTINENT Trail ID S TON HBUtC OAK IIH *Um Acctptnf Cmp fl IH^I HHMVW IXPtISS €9/137 22/9 9/11 12/11 14/10 Southampton :to4 UK dntautan. BMlnt mi Dubfr KITANO 21/337 25/9 4/10 13/10 K/10 11/10 28/10 lotted** to ji Antwerp Ar»t«da«n o*>. HtMi MtSWAGI 17/131 29/9 16/10 19/10 21/10 Southampton :totl
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      59 50 I TECHNOLOGY I Tomorrow in Business Times M.V. "GLORIA ACE" V0Y.36 Aai*cd l6d» September 1993 CoMgnea of 41 damaged laya e» dte captioned wd aie hereby notified due a general airvejr wil be kdd on dte 23rd September 1993 0900-1200 boun at PTIO. Nofanfcaairajrwflbe entertained mo. As Agsnts: "K" Uw
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      62 50 Tomorrow in Business Times Notice AMENDMENT NOTICE SHIPPERS AND CONSIGNEES ARE HEREBY INFORMED OF THE FOLLOWING AMENDMENT TO THE PRESS ANNOUNCEMENT BY THE JAPAN/HONG KONG AND JAPAN/STRAITS FREIGHT AGREEMENTS CONCERNING THE YEN APPRECIATION SURCHARGE (YAS) WHICH WAS PUBUSHED IN THE BUSINESS TIMES/SHIPPING TIMES ON 20/9/93. THE CORRECT YAS QUANTUM FOR
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