The Business Times, 3 June 1994

Microfilm: NL19382
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times MITA(P) 010/12/93 Friday June 3 1994 WE KNOW ASIA 75'
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow unchanged
      47 1 Reuter NEW YORK At Ipm EDT, on the broader Wall Street market, advancing issues edged out declines 11-7 on trading of more than IS9 million shares on the NYSE. At 2pm EDT, the Dow Jones Industrial Average was unchanged from Wednesday's close at 3,760.83. Reuter
      Reuter  -  47 words
    • Article
      Lock icon No negative impact
      40 1 Bloomberg Business News WASHINGTON Rupert Murdoch's News Corp yesterday said it did not foresee "any negative consequences'* from a Federal Communications Commission review of the acquisition of six US TV stations by Mr Murdoch's Twentieth Holding Corp.
      Bloomberg Business News  -  40 words
  • Article
    MARKET SUMMARY
    161 1 Stack narfcct iadicas Thursday Change STII 2,252.38 -15.5 KLSE Comp 955.44 -27.36 Nikkei 21,009.00 -44.11 Hang Seng 9,222.34 -289.73 SET Index 1,358.92 -9.43 Jakarta Comp 487.40 -6.93 CLSA China B ....1,089.00 +3.54 Aust All Ord 2,077.0 -20.2 FTSE 100 2,980.8 +48.9 Thanday Previous 2pn dose Dow Jones 3,760.83
    161 words
  • Article
    Jakarta makes radical changes to free up foreign investment
    550 1  -  From Maggie Ford in JAKARTA INDONESIA yesterday offered a dramatic response to criticisms of its foreign investment policy by dropping restrictions on 100 per centowned foreign companies, cancelling minimum capital requirements and slashing the number of sectors barred to foreigners. The
    550 words
  • Article
    Businessmen applaud lifting of curbs
    403 1  -  By Claire Leow SINGAPORE The move by the Indonesian government to relax restrictions on foreign investors was immediately welcomed by businessmen and analysts. T K Lim, developer of the Waterfront City in Batam, said: "It will now be easier for foreigners to come in, especially
    403 words
  • Article
    Lock icon HK to announce moves to lower housing prices
    461 1 Knight-Ridder HONGKONG The Hongkong government is due to announce later this month measures aimed at lowering residential housing prices rather than stabilising them at current levels. Financial Secretary Hamish Macleod said yesterday: "Of course it's not our intention to cause a property
    Knight-Ridder  -  461 words
  • Article
    Lock icon Flat US leading indicator points to a cooling economy
    326 1 AP. Bloomberg Business News, Reuter WASHINGTON In another sign of a cooling US cconomy, the government's chief forecasting gauge of future economic activity was unchanged in April after posting a healthy gain the previous month. The Commerce Department yesterday said the
    AP.; Bloomberg Business News,; Reuter  -  326 words
  • Article, Illustration
    Anwar quashes rumours of broking houses in trouble
    584 1  -  From Ho Kay Tat in KUALA LUMPUR FINANCE Minister Anwar Ibrahim yesterday sought to calm frayed nerves by quashing rumours which swept the stock markets here and in Singapore that certain brokerages were in financial trouble and some top corporate figures were
    584 words
  • Article, Illustration
    Lock icon Regional stock prices slide
    184 1 SINGAPORE Stock prices fell in the region yesterday, with losses ranging from 0.66 per cent here to 3 per cent in Hongkong. In Singapore, prices were dragged lower in sympathy with weakness in Malaysia, traders said. The Straits Times Industrials Index fell 15.5 points to close
    Source: Bridge Info  -  184 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Visitor arrivals up 8pc in April
        351 2  -  By Abdul Hadhi VISITOR arrivals rose 7.9 per cent in April to 540,692, according to figures released yesterday by the Singapore Tourist Promotion Board. Except for Britain. India. Hongkong, and Australia, other source markets in the top 10 recorded strong growth. Asean visitors accounted
        Source: S'pore Tourist Promotion Board  -  351 words
    • Article, Illustration
      DBS Land, Ng Teng Fong secure Castrol site with $159m bid
      389 2  -  By Abdul Hadhi A JOINT bid of $159.16 million by DBS Land and Ng Teng Fong's Orchard Parade Holdings has secured Castrol's 30,488 sq metre freehold site at Hillview Road the largest sold in the area in recent years.
      389 words
    • Article, Illustration
      S Australian govt to sell up to A$3b state assets
      396 2  -  By Peter Osborne THE South Australian government has launched a As 2 billion (552.24 billion) to As 3 billion fire sale of govern-ment-owned assets and is negotiating with a number of Singapore investors to buy its international airport. Addressing a
      396 words
    • Article
      S'pore Cable Vision in 4pc of households
      280 2 SINGAPORE Cable Vision (SCV), the first private subscription television service here, now has almost 4 per cent of households as subscribers and is available in about 85 per cent of hotel rooms here. Its reach in local households makes it potentially accessible to
      280 words
    • Article
      SCMBA reaps strong gains from investment sales
      222 2 STANDARD Chartered Merchant Bank Asia earned a net profit of $29.84 million last year, up sharply from only $5.59 million in 1992. Operating income for the Singapore-based merchant bank surged to $86.36 million from $51.9 million before. The huge difference between net profit
      222 words
    • Article
      Corrections & Clarifications
      90 2 Corrections Clarifications A STORY on Tuesday (May 31), headlined "Garment maker cpllared over false origin", wriMtfeiy referred to Chaw Chin employee of Golden Art Garments Ptc Ltd. The information was from a press release by the Trade Development Board (TDB). The TDB clarified yester- day that Chaw was never an
      90 words
    • Article
      F J Benjamin makes a cool $14m from Techno sale
      189 2 LOCAL retailer FJ Benjamin Holdings has made an extraordinary profit of $14.1 million from selling its 55.38 per cent stake in Techno Transfer Industries to Kacal Electronics. Benjamin, which bought its stake in 1990 for just $1.4 million, recently sold
      189 words
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      Page 2 Advertisements Column 1
      381 2 the t 1 i y* f i— I You my hanpbeen unable to get your Strait* Trniea. Sunday Times, UanHe Zaoßao and other daily newspapers from your usual newsstand because gif the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-740-2577, and ask for home
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      Page 2 Advertisements Column 2
      184 2 AjC MA S Management Centre presents SUN TZU'S ART OF WAR: Application to Strategic Management and Thinking by Professor Wee Chow Hou (National University of Singapore) "THE ART OF WAR", a classic written by Sun Tzu about 2,500 years ago is today a much read, much referred to and much
      184 words
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  • SOUTH-EAST ASIA
    • Article
      Jakarta says banking system in good shape
      383 3  -  Swift clampdown in wake of scandals paying off, says central bank From Maggie Ford in JAKARTA DESPITE the scandals surrounding loan losses, the Indonesian banking system is in good shape and getting better, Boerdiono, managing director of Bank Indonesia, the central bank, said
      383 words
    • Article
      Lock icon Petronas eyes gas pipeline linking CIS to Asian buyers
      337 3 Reuter KUALA LUMPUR Malaysia's national oil company, Petronas, is looking into the possibility of building the world's longest natural-gas pipeline, across Asia. "I have been dreaming of a pipeline to be built from the CIS (Commonwealth of Independent States) countries to
      Reuter  -  337 words
    • Article, Illustration
      Lock icon Students rally for Bapindo arrests
      44 3 AFP BANDUNG, Indonesia About 500 students rallying here to urge the arrest of officials allegedly involved in the US$43O million (Ss662m) Bapindo bank scam. There were clashes with police and troops but no reports of arrests or injuries. AFP
      AFP  -  44 words
    • Article
      Lock icon Cabinet report blames developer for collapse of KL condominium
      190 3 Reuter KUALA LUMPUR A Malaysian Cabinet committee has blamed a developer for the collapse of an apartment block last December that killed at least 48 people. Deputy Prime Minister Anwar Ibrahim yesterday said: "We have ruled out a natural disaster. The
      Reuter  -  190 words
    • ASIA NOTES
      • Article
        Lock icon Marcos ally gets passport
        98 3 AFP MANILA A passport was issued to a key supporter of the late deposed dietator Ferdinand Mareos in order to keep Philippine Foreign Secretary Roberto Romulo from being jailed, the Department ol Foreign Affairs said yesterday. The passport was issued to Roberto Benedicto. He said he
        AFP  -  98 words
      • Article
        Lock icon ADB urges cooperation on law
        55 3 Reuter MEDAN. Indonesia The Asian Development Bank has urged South-east Asian nations to develop laws that accord with regional economic cooperation strategics. ADB vice-president William Thompson told officials from Indonesia. Thailand and Malaysia that all three countries had laws geared to national economic development at
        Reuter  -  55 words
      • Article
        Lock icon Vietnam facing US$100m trade deficit
        64 3 Reuter HANOI Vietnam is heading for a trade deficit of US$lOO million (SSIS4 million) in the first half of this year, Vietnam News Agency reported. The Ministry of Trade said export earnings in the half were expected to reach US$l.6 billion, up 27 per cent,
        Reuter  -  64 words
      • Article
        Lock icon KL denies threat on CNN contract
        55 3 Bernama KUALA LUMPUR The request to Cable News Network to carry Malaysia's denial that it is supplying arms to Bosnian Muslims is unrelated to the renewal of CNN's contract with Radio Television Malaysia, Information Minister Mohamed Rahmat said. The question of threatening the US
        Bernama  -  55 words
      • Article
        Lock icon Japan's capital investment growing
        54 3 AFP TOKYO Japan's capital investment is forecast to recover this year, led by the electronics and non-ferrous metals sectors, the Ministry of International Trade and Industry says. Planned outlays on plant and equipment by 1.615 firms to March came to 16,939 billion yen (***** billion) up
        AFP  -  54 words
    • Article
      Lock icon Suharto's daughter to present plan in Manila
      214 3 AFP MANILA Indonesian President Suharto's daughter Siti Hardiyanti Rukmana is to visit the Philippines next month to present a proposal for a US$45O million (Ss6BB million) road project. Yesterday's announcement of the visit came amid a diplomatic row involving Manila and Jakarta over
      AFP  -  214 words
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      185 3 Petronas in USsl.l9b loan package, Pg 21 nam \jM MillllltmSmimmM On our First and Business Classes, entertainment on as many as 11 inflight namc it- All regularly updated. All After all, we did recently win the we can't promise that you'll always be channels. In addition, Qantas First uncensored. And
      185 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China in US$50b bid to modernise industry
      313 4 AFP BEIJING China has poured more than USSSO billion (5576.5 billion) into industrial modernisation in the past three years in an all-out attempt to improve efficiency and cut energy consumption. The China Daily yesterday said state investment in industry totalled 648 billion yuan
      AFP  -  313 words
    • Article
      Lock icon China warns Japan over textile curbs
      114 4 Knight-Ridder TOKYO Chinese Foreign Trade and Economic Minister Wu Yi has asked Japan to exercise prudence in taking a unilateral measure to curb textile imports from China. Kyodo news service yesterday quoted Mr Wu as telling Japanese International Trade and Industry Minister Eijiro Hata:
      Knight-Ridder  -  114 words
    • Article
      Road show woos Aussie investors
      457 4  -  Chinese team in Melbourne promoting 519 projects worth Aslob From Brian Gomez in SYDNEY AUSTRALIAN investment in China and bilateral trade is poised for a huge surge following a major Chinese promotion billed as "the greatest road show on earth". For the past two days,
      457 words
    • CHINA WATCH
      • Article
        Lock icon Taiwan opens up forward forex trade
        57 4 Reuter TAIPEI Taiwan will allow firms in triangular trade among Taiwan. China and Hongkong to buy and sell forward foreign exchange, effective from today, the central bank said. The action was to allow firms to avoid risks in triangular trade. Forward foreign exchange trade
        Reuter  -  57 words
      • Article, Illustration
        Lock icon Pressing the case
        60 4 Reuter HONGKONG Six senior Hongkong television journalists meet the press after refusing to withdraw their resignations from Asia Television in a row over the screening of a documentary on the 1989 Tiananmen Square massacre. They are: Tsu Pui Ying (left), Poon Fok Yin, Lui Wan Sang. Lee
        Reuter  -  60 words
      • Article
        Lock icon Taipei eases bans on S Korean trade
        62 4 AP SEOUL Taiwan has agreed to withdraw some of the trade restrictions it had imposed on South Korea in retaliation for the establishment of diplomatic ties between Seoul and Beijing, officials said. The Taiwanese move, agreed at non-governmental trade talks in Seoul this
        AP  -  62 words
      • Article
        Lock icon HK tourist arrivals up 3.4pc
        54 4 AFP HONGKONG The number of tourists visiting Hongkong rose 3.4 per cent from a year ago to 803,921 in April, according to data released yesterday. Meanwhile, 1,250 firms have formed the Association of Retailers and Tourism Services to upgrade the territory's image as a shopping
        AFP  -  54 words
      • Article
        Lock icon Beijing pledges gains for women
        71 4 Reuter BEIJING China, setting the tone for its hosting of the 1995 World Conference on Women, yesterday said that despite progress, feudal thinking and social constraints continued to hold Chinese women back. Xinhua news agency said the State Council, China's Cabinet, pledged in a new
        Reuter  -  71 words
    • Article
      Lock icon China unlikely to see another Tiananmen Sq
      282 4 AFP LONDON A massacre such as happened at Tiananmen Square in Beijing almost five years ago is unlikely to happen again unless China suffers severe economic problems. The Hongkong Affairs Adviser to China. Peter Woo, told the Royal Institute of International Affairs on
      AFP  -  282 words
    • Article
      Lock icon China orders hotels to turn off CNN on crackdown anniversary
      159 4 Reuter BEIJING Chinese police, tense in the run-up to the fifth anniversary of the Tiananmen Square crackdown, have ordered hotels in Beijing to turn off the international television news network CNN. Hotel sources yesterday said a memo from the police
      Reuter  -  159 words
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      Page 4 Advertisements Column 1
      243 4 I BEHIND EVERY I I SUCCESSFUL COMPANY I I IS A STRONG I I FOUNDATION. I mtLmm M ****P' 0 F K Mm m mm mw «B whSM jy RkJl IRTMfcpB BCi^%*fe HKI ■UK 'jHHHEfIiHHBIH^JHHBIi^HHHHHiHHHHKiMLjHH^HHIMHkV^^^^H L&M's goal is to excel as the leading One such example,is the Geylang River was
      243 words
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      Page 5 Advertisements Column 1
      246 5 A dazzling display of magnificent jewellery, only Mondial knows bow. Diamonds, emeralds, rabies anrf sapphires in outstanding M Italian designs set li|hmU 18k gold. A six-day event W3 where every piece brilliant buy. Come early ybr Abe choicest selections because at prices like these, they're simply 1 '^f irresistible. For
      246 words
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  • REST OF ASIA
    • Article
      Lock icon Japan's economic slide appears to be halting
      422 6 Indicators such as industrial output improving, says central bank Reuter, TOKYO Japan's economy as a whole appears to have stopped declining, with a growing number of indicators showing improvement, the Bank of Japan (BOJ) said. In an annual review of monetary and economic
      Reuter,  -  422 words
    • Article
      Lock icon BOJ lets interest rates ease to boost economy
      399 6 Reuter TOKYO A fall in Japan's short-term interest rates to record lows suggests the central bank has engineered a de facto credit easing to boost the economy, even as it keeps ofTicial rates steady, economists said. The official discount rate, used by
      Reuter  -  399 words
    • Article
      Lock icon EU hopeful about Japan's trade package
      131 6 NYT TOKYO The European Union has expressed cautious optimism about Japan's pending package of deregulation measures, but it appears that Brussels has failed in its bid to establish a permanent dialogue with Tokyo on such steps. Simon Nuttall, an EU director in charge of
      NYT  -  131 words
    • Article, Illustration
      Lock icon South Korea's tribute to an ex-foe
      53 6 AFP MOSCOW South Korean President Kim Young Sam placing a wreath at the Tomb of the Unknown Soldier here yesterday. He is in Russia a former Cold War foe on a four-day visit to discuss a range of issues' including Stalinist North Korea's suspected
      AFP  -  53 words
    • Article
      Lock icon S Korean computer business hit by falling exports
      215 6 AFP SEOUL South Korea's computer business is ailing, hit by declining exports and stiff competition from foreign companies in the local market, business sources said yesterday. Computer exports continued to tumble for the sixth consecutive month in April, dragging the value of
      AFP  -  215 words
    • Article
      Lock icon Top finance salaries up four times in India as reforms spark boom
      307 6 FT BOMBAY Financial reforms are creating a new elite in India, bringing Wall Street investment banks, aggressive headhunting and salary packages that tower over the earnings of the bank clerks of Bombay. Salaries for the sought-after have risen
      FT  -  307 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      636 6 Johnnie Walker® Winning Sensation Play best of 12 to score a win! With every bottle of 75cl Johnnie Walker Black Label, you could be in the running for these sensational prizes. How to Qualify Three Monthly Draws Now with every 75cl bottle you Therc is a total of 3 monthl
      636 words
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  • THE WORLD
    • Article
      Lock icon US, Japan fail to reach accord in insurance talks
      418 7 Discussions to resume later this month Bloomberg Business News, AFP TOKYO The United States and Japan have failed to reach an accord on expanding foreign access to Japan's insurance markets during two days of talks that ended yesterday. Negotiators for both
      Bloomberg Business News,; AFP  -  418 words
    • Article
      Lock icon Reuters launches financial TV service
      238 7 Reuter LONDON Reuters Holdings pic yesterday launched a financial television service that delivers live coverage of key market events in the foreign exchange, debt and treasury markets. Mark Wood, editor-in-chief and an executive director of Reuters, said: "This is our first truly multi-media service and
      Reuter  -  238 words
    • Article
      Lock icon US agency to invest extra US$2.5b in Russia, ex-Soviet republics
      278 7 Reuter MOSCOW The US government agency Overseas Private Investment Corporation (Opic) will invest US$2.5 billion (SS3.B billion) in Russia and the former Soviet republics before September 1995, up from US$l billion approved so far, corporation president Ruth Harkin said yesterday.
      Reuter  -  278 words
    • Article
      Lock icon No punitive damages for Rodney King, rules US jury
      316 7 Reuter LOS ANGELES A federal jury has decided that black motorist Rodney King should not be awarded punitive damages over his beating by white police officers in March 1991, which sparked the worst riots in the United States this century. The
      Reuter  -  316 words
    • Article, Illustration
      Lock icon Vets recreate D-Day landing
      57 7 Renter SANTA MONICA Kighty-four-year-old Ralph Neal being helped onto the beach here by a US Army infantryman on Wednesday in a recreation of the Allied invasion at Normandy. Mr Neal was one of 50 World War II veterans who landed at this popular southern Californian resort
      Renter  -  57 words
    • Article
      Lock icon UK Labour party's telecom promise
      94 7 Reuter LONDON Britain's main opposition Labour party said it would create a nationwide "communications link-up" involving cable television and telephone companies if it won power at the next election, due by mid-1997. Trade spokesman Robin Cook, launching Labour's industrial strategy in answer to the recent
      Reuter  -  94 words
    • Article
      Lock icon Little danger of inflation in UK
      99 7 Reuter BIRMINGHAM, England The director-general of the British Chambers of Commerce (BCQ, Ron Taylor, said there was little danger of inflation making a comeback but warned against cutting interest rates again. "The feedback we are getting from business leaders is that inflationary pressures are
      Reuter  -  99 words
    • Article
      Lock icon Lubbers' warning on top Brussels post
      118 7 FT THE HAGUE Ruud Lubbers, Dutch prime minister and candidate for the presidency of the European Commission, gave a warning on Wednesday against the dangers if Germany and France should dictate the choice of a successor to Jacques Delors. In the face of clear
      FT  -  118 words
    • Article
      Lock icon Nasa launching US$1.5b supersonic jet programme
      551 8 LAT WASHINGTON A sleek, needle-nosed jetliner earning 300 passengers taxis out of Los Angeles International Airport, rolls to a hushed takeoff over the Pacific Ocean, then accelerates like no commercial plane in history reaching 2.4 times the speed of sound nearly 20 km above
      LAT  -  551 words
    • Article, Illustration
      Lock icon Brown bows out for Blair in Labour leader race
      573 8 Britain's shadow home secretary now looks set for victory AFP LONDON Shadow home secretary Tony Blair's bid for the Labour Party leadership looks unstoppable following Wednesday's announcement that his close friend Gordon Brown would not stand against him. Mr Brown's decision,
      AFP; Reuter  -  573 words
    • Article
      Lock icon Murdoch in foreign ownership inquiry over Fox stations
      455 8 AP WASHINGTON The Federal Communications Commission is considering whether Rupert Murdoch's ownership of six US TV stations violates its foreign ownership rules. A senior FCC official, who asked not to be identified, said on Wednesday that Mr Murdoch, a naturalised American citizen,
      AP  -  455 words
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      110 8 "One of the finest musicals the world has ever seen." L New York Times Harbour Pavilion I I DATE I 27/28/29/30 June 1994 by I TICKET RESERVATIONS SISTIC Hotline: 348 _ft m%\ ;j f +m J SISTEC outlets. 1 \y 1 Forum The Shopping Mall V I Scotts Shopping Centre
      110 words
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  • SPORTS
    • Article, Illustration
      Lock icon Pierce ousts Graf in major upset
      423 9 French Open AP PARIS In a stunningly onesided upset, record-breaking Mary Pierce overpowered defending champion and world No 1 Steffi Graf 6-2, 6-2 yesterday to reach the French Open final. With the biggest victory of her promising but troubled career, the 19-year-old FrenchAmerican advances
      AP; Reuter  -  423 words
    • Article, Illustration
      Hitting straighter and longer shots
      145 9  -  Practical golf tips by Patrick Sherry \y_ Patrick Sherry The writer is the director of Palm Resort Golf Country Club IF YOU want to make better ball contact, hit the ball straighter and further, always keep your head behind the ball. Just as your club
      145 words
    • Article
      Lock icon Pacers beat Knicks to go within one win of finals
      549 9 NBA play-offs AP NEW YORK One coach called it "mind-boggling". Another coach called it "unconscious". Everyone was looking for a way to describe Reggie Miller's game on Wednesday night, one of the great shooting displays in National Basketball Association playoff
      AP  -  549 words
    • Article, Illustration
      Lock icon Is this the best there is?
      578 9  -  The Knicks are not made to be the best attraction, says Harvey Araton Harvey Araton NYT NEW YORK Broadway would not have tolerated Knicks-Pacers this long. Broadway would have seen enough last week and banished Knicks-Pacers to Indianapolis, or oblivion, by now. If this
      NYT  -  578 words
    • Article, Illustration
      Lock icon Spanish accent at semi-finals
      612 9 AP PARIS If these clay-court wizards from south of the border keep at it, the tournament may become known as the Spanish Open. With help from self-destruc-tive errors on Wednesday by. Goran Ivanisevic, Spain's Alberto Berasategui joined compatriot, practice-partner and defending champion Sergi Bruguera in the
      AP  -  612 words
    • SPORT SHORTS
      • Article, Illustration
        Baseball
        69 9 NEW YORK Major league on Wednesda) American: Toronto S Oakland 9; Minnesota 2 Seattle I; Milwaukee 8 Texas I; Boston 4 Kansas City 2; Cleveland 3 California 2 (10); Baltimore 3 Detroit II; NY 4 Chicago 5. National: Chicago 2 Philadelphia 4; San Diego 6 Pittsburgh 4; Cincinnati 9
        69 words
      • Article, Illustration
        Basketball
        19 9 ADKUIDt, Australia Women's world championships preliminary round yesterday Group B: Cuba 71 Francc 68; Canada 109 Kenya 34.
        19 words
      • Article, Illustration
        Lock icon Equestrian Sports
        90 9 AP ATLANTA The Atlanta Olympics may modify its equestrian events, making the course shorter and less strenuous in the light of studies finding that Georgia's summer heat and humidity could endanger the horses. The studies, by veterinarians at the universities of Georgia and Tennessee and others, found that
        AP  -  90 words
      • Article, Illustration
        Golf
        59 9 SHIBATAMACHI, Japan 100 million yen (551.46 million) JCB Classic first round yesterday (6,645yard, par-71, Japanese unless noted): 67 Frankic Minora (Phi). Seiji Ebihara. Lin Chie-hsiang (Tai). Eiji Mizoguchi. Taisei Inagaki 68 David Ishii (US), Ken Kusumoto. Kimpachi Yoshimura. Tctsu Nishikawa, Shoichi Yamamoto. Toshiaki Sudo, Minoru Hatsumi. Gohei Sato. Also:
        59 words
      • Article, Illustration
        Lock icon Horse Racing
        201 9 AFP Reuter KPSOM, England A sensational late burst swept veteran jockey Willie Carson to victory on the favourite, Hrhaab, in the English Derby here on Wednesday. Hamdan Al-Maktoum's colt had tucked in on the inside of the field for most of the racc. before making his move over
        AFP; Reuter  -  201 words
      • Article, Illustration
        Lock icon Rugby
        138 9 AP BRISBANE Ireland included three new test players when it named its team to face Australia in the first of two tests at Ballymorc last Sunday. Centre Jon Bell will make his test debut after an impressive performance against Queensland last week, while fellow rookie Niall Woods will play
        AP  -  138 words
      • Article, Illustration
        Lock icon Sumo Wrestling
        122 9 AP LOS ANGELES Americanborn sumo champion Akcbono underwent double knee surgery on Wednesday but is expected to compete in an important tournament at Nagoya. Japan, on July 3. "He had tears of cartilage in both knees," said Dr Michael Schrcibcr. who assisted Dr Daniel Silver in the arthroscopic
        AP  -  122 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      59 9 I It's finally hapenning. after four years of waiting... the greatest show on earth! H Get right into the World Cup mood with S Gulam. H M who'll be kicking off his reports from the US from tomorrow! mg A?/*The build-up. the friendly matches, the final touches. oPra^' The World
      59 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Bringing oodles of noodles to Moscow
      603 10  -  A Singapore company hopes to convince Russians to give up borsch and chicken a la Kiev for low-cost packaged food. John Helmer reports from Moscow John Helmer MARIE Antoinette is remembered for saying aloud that the rebellious mobs of 18th century Paris could be
      603 words
    • Article
      Lock icon Shanghai beer war intensifies but thirst still unquenched
      472 10 Reuter A FLOOD of foreign brands has heightened competition in Shanghai's beer war but soaring demand will keep the market from saturation, producers and retailers said yesterday. They estimate consumption in Shanghai this year will rise 20-25 per cent from the 350,000
      Reuter  -  472 words
    • Article
      Lock icon Timex steps up Indiglo pitch with US$18m
      727 11 With rivals gaining on its glow-in-the-dark watches, the US firm feels it is time to boost its ad budget Bloomberg Business News Timex Corp lit a fire under other watchmakers last year, when it introduced its Indiglo line of glow-in-the-dark watches. Now the
      Bloomberg Business News  -  727 words
    • Article, Illustration
      You have to hand it to Bertolucci
      327 11  -  Sean Ang discovers that Italian art can tick with Swiss precision Sean Ang DOES everyone seem to be wearing a watch like yours? If so, try wearing a Bertolucci. Only about 10,000 are produced and sold each year worldwide. About 30 per cent
      327 words
    • COPY LINES
      • Article
        Saatchi bags UK lottery deal
        45 11 SINGAPORE Saatchi Saatchi has landed a £45 million (SS 104.3 million) advertising campaign to launch the UK's first national lottery for its client, Camelot. Camelot was granted its seven-year licence by the Office of the National Lottery on May 26.
        45 words
      • Article
        DMB&B, Viet agency join hands
        28 11 agency join hands SINGAPORE DMB&B has signed an exclusive affiliation agreement with Vietnam Marketing Center (VMC), the first non-state-owned advertising agency in Vietnam.
        28 words
      • Article
        Asian gift fair meets target
        45 11 SINGAPORE The Asian International Gift Fair 94 held at the World Trade Centre from 10-13 May was the biggest show so far with 415 participants and 13 group pavilions. Some 62 per cent of exhibitors from 28 foreign countries participated.
        45 words
      • Article
        First Piaget jewellery show
        40 11 SINGAPORE Piaget held its first jewellery exhibition. Jewels of Timekeeping, here on May 12. Some of the jewellery showcased at the Mandarin Singapore included pieces launched in April at the International High Watch-Making exhibition in Geneva.
        40 words
      • Article
        YSL's Champagne wins awards
        31 11 SINGAPORE Yves Saint Laurent's new perfume, Champagne, has won French and Italian awards. Champagne was also a finalist in the European Fifi Awards in Germany and Spain.
        31 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      88 10 hotels Sheraton the for for the Sheraton Towers 657 rooms the stay any ITT Sheraton on THE BEST AND GET A CHANCE TO THE RESORTS. easy for you to earn towards free jj^^H or a free stay Sheraton La gun a or any one our you do Sheraton when you
      88 words
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      Page 10 Advertisements Column 2
      117 10 Z/u You Have An Inlellisenl Night Skin toe During the night, our skin needs active fskin cane as it repairs itself according to precise bio-rhythms. To take advantage of this optimum cellular activity, your skin care treatment will have to adapt to your nocturnal bio-rhythms. Introducing Cinetic Nuit from Carita.
      117 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      717 11 SING INVESTMENTS FINANCE LIMITED /.JmLX (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING To: All Shareholders NOTICE IS HEREBY GIVEN that the Annual Genera Meeting of Sing Investments Finance Limited win be held at 96 Robinson Road #02-00, SIF Building, Singapore 0106 on Saturday, 25 June 1994
      717 words
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      Page 11 Advertisements Column 2
      143 11 ainr- Totally ceramics: the new Rado 'Sintra'. Simply captivating! The new Rado 'Sintra' with its avant-garde design, lustrously brilliant platinum-like look and the uncompromising use of an exceptional material: scratchproof, enduringly beautiful high-tech ceramics. But it's when you put this watch on that you really get to know it: cool,
      143 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      971 12 pssa Noll king Beats ABucL where to m*. owe and entertain Of FRESPfI .PASTA ©Al LY. W From Pasta Fresco. The only restoocorrt 1 to make its own specialty pasta. Fresh, everyday. Savour perfect pizza, great Uelull and terrific tiramiso. AN topped with Italian hospitality. vfeDB9r Wii ft—co Do Sahraterm
      971 words
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      Page 12 Advertisements Column 2
      318 12 EnOMgko 11/ITLOMgIIa fernougk. is enough. 35 appetisers, 20 desserts p(us 6 main courses. Ufan ourguests start on the appetiser spread at our monthly international lunch buffet, they never finish. In fact, they always endup conceding that they 've had more than enough. Come try it to believe. |QO 'Jot reservations,
      318 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Same plots, new twists
      815 13 Hollywood scriptwriters are back in business, but do the studios want their stories? NYT SEATED on black leather chairs in a conference room at International Creative Management in Beverly Hills, a group of literary agents were happily examining an alphabetic list of near- ly 20 screenplays,
      NYT  -  815 words
    • Article
      Lock icon A Chinese ritual just for a lark
      692 13 Retired immigrants fill their spare time and a New York park with song NYT AROUND 7 every morning, from early spring to late fall, the bird walkers of New York's Chinatown take up their position at Sara Delano Roosevelt Park. About 30 silver-haired
      NYT  -  692 words
    • Article, Illustration
      Lock icon From cabaret to silver screen to cabaret
      277 13 CHATTERBOX. UPI UPI Reuter FILM and TV star Cybill Shepherd, whose Hollywood career has had its ups and downs, is returning to cabaret singing, a line of work she pursued in the past when bigger projects were few and far between. But unlike
      UPI; Reuter  -  277 words
  • Page 13 Advertisements
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      56 13 Surf Turf Poolside BBQ elegant alfresco dining Celebrate the euphoria that Friday and Saturday brings with choice succulent meats and an ocean harvest grilled to your satisfaction. Friday A. Saturday only 6.30pm to 10.30pm Price: SS26.oo++*- adult Ssl4.oo+ child below 12 years 24 Mount Elizabeth, Singapore 0922. Td *****88 Fax
      56 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1301 13 TV RADIO time, he has to go back to 1885 becausc Doc is about to be '\:TrP killed by a Wild West villain. I* V™' jH|WL But even as they try to assem- y -«g^K> ble the transportation home. i Doc falls for a schoolmarm w> a and going home
      1,301 words
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  • Article
    Asia must deal with Pyongyang
    510 14 IPITOIHAI. TENSION is up yet another notch over North Korea. The United Nations Security Council adopted a statement on Monday calling on Pyongyang to cooperate with inspectors who have been prevented from checking the nuclear reactor at Yongbyon. UN nuclear experts say inspection of the
    510 words
  • WHAT THE OTHERS SAY
    • Article
      Being close and staying close
      277 14 WHAT THE Johor Mentri Besar had to say about the future of the special relationship between his state and Singapore calls for introspection. The present was not a concern, Muhyiddin Yassin told Malaysian reporters after giving a talk on economic growth triangles here last week.
      277 words
    • Article
      Steady progress
      165 14 MALAY STUDENTS have made steady progress based on their PSLE, GCE O and GCE A results last year. This is something that the community should be proud of after a 12-year period of very active development in educational upliftment and social awareness programmes since the inception of Mendaki.
      165 words
    • Article
      Concept of a retirement village
      260 14 ABOUT THREE months ago, Lim Boon Heng proposed the setting up of a retirement village. However, the concept of a retirement village is relatively new to Singaporeans, both retired and about to retire. Its name suggests facilities to help take care of retired citizens. But
      260 words
    • Article
      Stand firm and win
      159 14 THE CONTROVERSIAL documentary on the Beijing massacre will be run on ATV as planned. That the company has at last agreed to its broadcast in Saturday's News Magazine, the fifth anniversary of the June 4 killings, is a triumph for the station's staff and a victory
      159 words
    • Article
      Twenty years with China
      169 14 SINO-MALAYSIAN relations have come a long way in just 20 years and reached a new level of understanding and cooperation. Certainly the seed of friendship that was sowed two decades ago is yielding fruits with economic and trade cooperation making "remarkable achievements". This is clearly evident
      169 words
  • Article, Illustration
    Building a sustainable society
    1115 14  -  Sharon Siddique examines whether a sustainable society is but a dream Sharon Siddique The writer is a partner in a consulting firm focusing on developments in the Asia Pacific SEVEN years ago the term "sustainable development" was popularised by the World Commission on Environment and Development
    1,115 words
  • Page 14 Advertisements
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      246 14 Growth vs Safety Lumpur counterpart since bargains are in The Chinese wave in Vietnam Yeo Hiap Seng's land saga Hongkong's housing horrors Get your copy of this month's Singapore Business I from your nearest newsstand or, if you prefer the I Mr/Mn/Mm/Mj Occupation: j conven j ence D f doorstep
      246 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      47 14 iSiLkJ&MaBBIagPISIDoh i Be stoPio.... rm t GOiWG to gct IM*T uOfcHS FRon IN IUC ovddlc or TV4C PHONING P ilifc AMOCUTXD NRWtmi LTD, IM2-IM4 V rC 919S POONESBURY GARRY TRUDEA u &582SSSIS, ll n 2S££? HOUJDO U 6&R6&OUS NATURB OF i7WUJON< NOT6UW, -meCHARGtt... rrmum. inciAZTZMw&ruGM yOUR HONOR!
      47 words
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  • ANALYSIS
    • Article, Illustration
      Compensating for a declining dollar
      1773 15  -  One economist has argued that rising US interest rates are linked to the growing anxiety in the global currency markets over the decline in the value of the greenback. Washington Correspondent Leon Hadar reports Leon Hadar THE recent decision by the Federal Reserve Board to
      1,773 words
    • Article, Illustration
      Many successes, some disappointments
      1442 15  -  Bahrain Nowzad looks at how well the International Monetary Fund has performed, 50 years after it was created, and how relevant it is today Bahrain Nowzad The writer is a former editor with the IMF and is now a con sultant based in Washington WHEN the
      1,442 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      353 15 Steamers Maritime Holdings Limited (Incorporated in the RepuMc of Singapore) PROPOSED RENOUNCEABLE RIGHTS ISSUE ("RIGHTS ISSUE") OF UP TO 33,611,443 NEW ORDINARY SHARES OF $0.20 EACH ("RIGHTS SHARES") AT $1.00 FOR EACH RIGHTS SHARE PAYABLE IN FULL ON ACCEPTANCE OR APPLICATION AND ON THE BASIS OF ONE RIGHTS SHARE FOR
      353 words
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  • Article
    Lock icon EU to cut down tariff concessions
    423 16 Poorer countries stand to benefit from GSP review Reuter BRUSSELS The European Commission yesterday announced plans to curb tariff concessions on certain imports from some newly industrialised countries and to redirect benefits to poorer countries. It also held out the prospect of special increases
    Reuter  -  423 words
  • Article, Illustration
    Lock icon The final straw
    43 16 Reuter BHILWAL, India A camel, a victim of heatstroke, lying dead in this town in the desert state of Rajasthan on Wednesday as the temperature soared to 4S degrees C. The heatwave sweeping northern India has killed 122 people. Reuter
    Reuter  -  43 words
  • Article
    HK revamps debt securities rules
    344 16  -  From Lim Soon Neo in HONGKONG THE Hongkong stock exchange has announced amendments to its rules for listed debt securities to make Hongkong more competitive with Singapore and London. Effective July 1, the changes will include slashing the listing fee to a level comparable with
    344 words
  • Article
    Lock icon Taiwan PM in trouble over letter
    222 16 AP TAIPEI The Cabinet sank into deeper trouble yesterday when officials confirmed that Premier Lien Chan had written to government agencies asking them to involve party colleagues in planned public works projects. Opposition politicians claimed the letter amounted to an attempt to provide insider
    AP  -  222 words
  • Article
    Lock icon Japanese firms getting new edge on West
    387 16 Reuter GENEVA Japanese firms could emerge from the current recession with a fresh edge over Western competitors because of a new focus on customer satisfaction, according to a major Swiss-based international business body. A study issued this week by the Lausanne International Institute
    Reuter  -  387 words
  • Article
    Lock icon North Korea threatens to pull out of nuclear treaty
    412 16 Reuter VIENNA North Korea counter-attacked yesterday in the row over inspections of its nuclear capability, saying the United Nations atomic watchdog was forcing it close to total withdrawal from the nuclear Non-Proliferation Treaty (NPT). It was the clearest threat so far
    Reuter  -  412 words
  • Article, Illustration
    Will there really be an enlarged European Union?
    834 16  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament THE European Parliament has completed its five-year mandate and has risen until the elections early this month. The atmosphere at the end was like
    834 words
  • Article
    Lock icon Ex-boxer's UK leisure firm faked profits, court told
    348 16 Reuter LONDON A state prosecutor yesterday accused George Walker, a boxer turned multimillionaire businessman, of using fake profits and other fraud to build Brent Walker into Britain's biggest leisure empire in the 1980s. Peter Rook, the prosecutor, told a jury at London's
    Reuter  -  348 words
  • Page 16 Advertisements
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      166 16 KAISER KITCHEN SYSTEM An Opportunity For You To Invest In Man Kam Square, Shenzhen Shenzhen Man Kam Square A Booming Economic City Unsurpassed Investment Value Tk/> nf China Sketwhen 3UlorCy office COm P leX reUl) J 1 fin 7 a l Cmtn of shCT2hcn hotel development in the heart of
      166 words
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      Page 16 Advertisements Column 2
      8 16 Editorial: Asia must deal with Pyongyang, Pg 14
      8 words
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      Page 16 Advertisements Column 3
      44 16 KAISER KITCHEN SYSTEM SINGAPORE KyALA LUMPUR NGEEANN OOEON TOWERS LM MENARA IMC CITY (Opp. RafRM V (Opp Shangri-la Hotel) (Orchard Road) H Quality Serviced Offices Tel: 65-838 5243/ Fax: 65-339 1676 MRCEIMTRE Operate A Business From Home We give complete supporVadd rest/dedicated phone Ca*****5240
      44 words
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  • COMPANIES & MARKETS
    • Article
      Liang Huat launches main board IPO of 56m shares
      392 17  -  By Ven Sreenivasan SINGAPORE Liang Huat Aluminium launched its main board initial public offering of 56 million shares yesterday the 13th float this year. The offer, comprising 48 million new and 8 million vendor shares, represents 26.7 per cent of the
      392 words
    • Article, Illustration
      Lock icon Comfort share offer subscribed 8 times
      330 17 SINGAPORE Despite the depressed market mood, the prospect of a small windfall was enough to stir investors, who pushed up the overall subscription rate for taxi operator Comfort Ltd's shares to about eight times. The fact that Central Provident Fund (CPF) money could be
      Photo by Arthur Lee  -  330 words
    • Article
      Inno-Pac to merge Shakey's operations worldwide
      139 17 SINGAPORE Inno-Pacific Holdings plans to merge the US and international operations of its fast-food franchise Shakey's. Inno-Pac, a Singapore-listed company now undergoing major restructuring, said it had reorganised the management of Shakey's, which had resulted in Russell Frederickson relin- quishing his position as a
      139 words
    • Article
      Asian expansion holds promise for Australia's CSR
      775 17  -  HOCK LOCK SIEW By Peter Osborne SINGAPORE When Australian building materials and sugar producer, CSR Ltd, posted its year-end results on Monday, the announcement served to remind investors of the long-term potential of the company, riding on the back of its current investment
      775 words
    • Article
      Cerebos beefing up Brand's chicken essence presence in China
      259 17  -  By Genevieve Cua SINGAPORE Food group Cerebos Pacific yesterday said it would open representative offices in Guangzhou and Shanghai for its Brand's chicken essence business. In a statement on its interim results yesterday, Cerebos said Brand's sales in China were growing
      259 words
    • Article
      Tai Tak fails to exercise option in NZ's Kingsgate
      179 17 SINGAPORE CDL Hotels New Zealand said yesterday the put option it extended to Tai Tak Holdings for a stake in property-based Kingsgate International Corp lapsed last Monday. Tai Tak, in failing to exercise the option, will continue to be a significant
      179 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        39 17 Weak Market .Uood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance, Baring, Daiwa. Morgan Grenfell, Somura, Phillip. Smith Mew Court, Wl Carr and Warburg.
        39 words
      • Article, Illustration
        HOT STOCK
        120 17  -  By Quak Hiang Whai Landmarks Bhd is fast reaching a point where it could be called a "great buy". Any further weakness from its closing price of $2.26 yesterday should be seen as buying opportunities for medium-term gain. Considering that its daily and weekly RSIs and stochastics have
        120 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          New director for Stamford Tyres
          50 18 SINGAPORE Stamford Tyres Corp has appointed Tay Puan Siong a non-executive direetor. Mr lay, who is general manager of Singapore Bus Service, has more than 23 years' experience in the transport industry. He is not related to any existing direetor or substantial shareholder of Stamford.
          50 words
        • Article
          GK Goh director offloads part of stake
          74 18 SINGAPORE Goh Yew Lin, a director and son of the founder of stockbroking company GK Goh Holdings, has sold 390,000 shares in the company for $748,000 or S 1.919 per share. His disposal was deelared to the Stoek Exchange ot Singapore yesterday. He
          74 words
        • Article
          Lock icon Siam Makro to sell shares to public
          111 18 Reuter BANGKOK Siam Makro pic, the wholesale retail "dub" of the Charoen Pokphand Group and SHV Holdings NV ol the Netherlands, will sell 40 million shares to the public at 50 baht a share to help finance expansion plans and pay off 500
          Reuter  -  111 words
        • Article
          Lock icon Changes on Tenaga board
          92 18 Bernama KUALA LUMPUR Tenaga Nasional Bhd yesterday announced that Helmi Mohd Noor and his alternate, Mohd Yusot Ismail, had retired from the company's board of directors, effective from last Wednesday. A TNB statement also announced Mohd Ali Hassan's appointment to the board. The board ot directors
          Bernama  -  92 words
        • Article
          Lock icon Kepong's Eastman equity interest
          50 18 Bernama KUALA LUMPUR Kepong Bhd says its equity interest in the proposed joint venture with Eastman Chemical Asia Pacific Pte Ltd and Quest International is 33' A per cent of the paid-up capital. It says the total estimated project cost is US$lO million (5515.3 million). Bernama
          Bernama  -  50 words
        • Article
          Lock icon Plantations still Guthrie's core business
          101 18 Bernama KUALA LUMPUR The plantation business will remain as Guthrie Ropel Bhd's core activities despite its recent plans to diversify into property development areas. "We are now in the stage of identifying certain areas in property development, but will only venture seriously into this sector
          Bernama  -  101 words
      • Article
        UNIT TRUSTS & FUNDS
        483 18 UNIT TRUSTS FUNDS Managers' prices Jun 3 US Gr Fund 103 1.07** Singapore Unit Trust JJ*® Invest Mgt Ltd The SavimB < Fuim1 153 'Vm* l-'n!t*>nd 1025 1.055 Otl 073 \H .*75STporc See Fund 1.03 1.09 United Asia Fund 1.65 1.75 vpore invest Fund 121 128 UOB Life Assurance Sparc
        483 words
      • Article
        Indonesia's No 2 pharmaceutical firm offers 17.5m shares
        414 18  -  From William Chia in JAKARTA INDONESIA'S second-largest pharmaceutical company has launched an initial public offer to raise 144.4 billion rupiah (SSIOI million). Tempo Scan Pacific is offering 17.5 million shares, or 23.3 per cent of its enlarged capital, at 8,250 rupiah each.
        414 words
      • Article, Illustration
        Video-on-demand needs 200,000 subscribers: HK study
        332 18  -  By Genevieve Cua SINGAPORE Hongkong Telecom, which will launch Asia's first video-on-demand trial in August, says the service needs about 200,000 household subscribers to be viable. Hongkong Telecom's strategic planning director, William Lo. said yesterday it was difficult to estimate the revenue that could
        332 words
      • Article
        China to continue with overseas listing of firms
        373 18 SINGAPORE Contrary to speculation. China is proceeding on schedule with the overseas listing of the first two companies in the second batch of 22 approved for foreign bourses. Luoyang Glass Company Ltd, China's largest producer of float glass, will issue shares to
        373 words
      • Article
        Acer restructures global operations in light of sales surge
        448 18  -  From Joseph Rajendran in TAIPEI TAIWAN'S largest personal computer maker. Acer, is restructuring its international operations after a major upward revision of sales and profit this year. Chairman and chief executive Stan Shih said yesterday the newly-formed Acer Group would become
        448 words
      • Article
        Singmarine in venture to build hovercraft for region
        194 18 SINGAPORE Singmarine Industries has sealed a licensing agreement with a US company to build hovercraft for the region. Singmarine said yesterday its subsidiary, Singmarine Dockyard Engineering, had tied up the deal with Textron Marine, which specialises in the design and construction of
        194 words
      • Article
        Lock icon Demand for Proton cars to stay strong: BBMB Securities
        127 18 Bernama KUALA LUMPUR Edaran Otomobil Nasional Bhd's (EON) good profit growth is not expected to be adversely affected by the introduction of Malaysia's second national car, the Perodua Kancil. BBMB Securities Sdn Bhd said despite the increase in the price, demand
        Bernama  -  127 words
      • Article
        Jardines sees boost to S'pore trading
        413 18  -  From Lim Soon Neo in HONGKONG THE Jardine group, whose holding companies Jardine Matheson and Jardine Strategic will delist from Hongkong by Dec 31 this year, expects a significant amount of trading in Singapore from then, says managing director Alasdair Morrison. Speaking after Jardine
        413 words
      • Article
        Lock icon Amcorp's YHS (M) deal still on, says Alan Yeo
        283 18 MBT KUALA LUMPUR The planned purchase by Arab-Ma-laysian Corp Bhd (Amcorp) of 40 per cent in Yeo Hiap Seng (M) Bhd will not be affected by any changes that may occur in the shareholding of Singapore parent company Yeo Hiap Seng
        MBT  -  283 words
      • Article
        Lock icon Saudi prince bails out Euro Disneyland with cash injection
        447 20 NYT LOS ANGELES A Saudi prince who provided cash to Citicorp at a crucial time in its restructuring has agreed to acquire a major stake in Euro Disneyland, the struggling French theme park, and to provide US$lOO million (SSIS3 million) to
        NYT  -  447 words
      • Article, Illustration
        Mercedes unveils Asian commercial vehicle sales plan
        597 20  -  By Juliette Walker SINGAPORE MercedesBenz rolled out a strategy here yesterday to more than double its commercial vehicles sales a sector in which the German vehicle manufacturer is rather weak here in Asia this year. On a visit to Singapore, Bernd Gottschalk, a
        597 words
      • Article
        Lock icon Coca-Cola Amatil of Australia to expand into Poland
        312 20 Bloomberg Business News SYDNEY Australia's CocaCola Amatil Ltd, the largest listed international bottler in the Coca-Cola global family, is expanding into Poland. The Australian company, which is 51 per cent owned by Atlanta-based Coca-Cola Co, yesterday said it had begun discussions with
        Bloomberg Business News  -  312 words
      • COMPANY BRIEFS
        • Article
          Lock icon HSBC scrip dividend totals 2.73pc
          73 20 Reuter HONGKONG HSBC Holdings pic will allot and issue 26 million new 75 pence ordinary shares and 43 million new HKSIO shares under its enhanced scrip dividend alternative to the 1993 final cash dividend. That represents an increase of 3.16 per cent and 2.52 per
          Reuter  -  73 words
        • Article
          Lock icon Japan's Toray in 50b yen China venture
          89 20 Bloomberg Business News TOKYO Toray Industries Inc, a Japanese synthetic fibre maker, is to set up a 50 billion yen (***** million) joint venture in China, Japan's Jiji Press reports, The story did not name the partner. The company will produce polyester filaments
          Bloomberg Business News  -  89 words
        • Article
          Lock icon UK property giant's profits rise
          78 20 Bloomberg Business News LONDON MEPC pic, the UK's second-largest listed property company, said first-half pre-tax profit rose to £47.6 million (SSIO9 million) from £43.8 million as it added assets and the property market started to recover. The company said it had added £278 million of
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Raytheon lands Chinese coal contract
          91 20 AFP LEXINGTON A unit of Raytheon Co will be a partner in a US$52 million (SS79 million) contract to provide services and equipment for two coal-fired power plants in China, the company said. Raytheon-Ebasco Overseas Ltd and Foster-Wheeljng Energy Corp of New Jersey share the
          AFP  -  91 words
        • Article
          Lock icon Japanese car makers in joint Thai set-up
          68 20 Bernama. Kyodo NAGOYA Three Japanese automakers plan to join forces in manufacturing auto components in Thailand, company officials said yesterday. Toyota Motor Corp, Nissan Motor Co, and Isuzu Motors Ltd plan to supply one another with five kinds of parts, such as crank
          Bernama.; Kyodo  -  68 words
        • Article
          Lock icon Aussie outfit to develop Cebu gas field
          96 20 AFP CEBU An Australian-led consortium plans to develop an onshore gas field at this central Philippine island, its Filipino partner, Cophil Exploration Corp, said yesterday. The consortium, led by Pacrim Energy NL and Coplex Resources NL, has begun setting up truck-mounted drilling rigs
          AFP  -  96 words
    • FINANCE & COMMODITIES
      • Article
        S'pore banks making presence felt under Thai offshore scheme
        401 21  -  From Loh Hui Yin in BANGKOK SINGAPORE banks are proving a force to be reckoned with under Thailand's offshore banking scheme, says the Bangkok International Banking Facility (BIBF). Although only four have offshore branch licences including United Overseas Bank and Overseas
        401 words
      • Article, Illustration
        Lock icon Petronas secures Malaysia's biggest-ever loan for one project
        390 21  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA'S national oil Company Petronas yesterday signed a US$l,lB7 billion (SS 1.816 billion) loan package to part-finance Malaysia's second liquefied natural gas (LNG) plant project costing US$7.5 billion. The loan, Malaysia's big-gest-ever for a single
        AFP  -  390 words
      • SMALL CHANGE
        • Article
          Lock icon Siam Commercial raises rates
          70 21 Bloomberg Business News BANGKOK Siam Commercial Bank pic, Thailand's fourth largest bank, yesterday raised most of its lending and deposit rates by one-quarter of a percentage point. Siam Commercial's minimum lending rate (MLR) and minimum overdraft rate (MOR) were both raised by 0.25 percentage point, to
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Taipei bank lowers interest rate
          67 21 Bloomberg Business News TAIPEI The Cooperative Bank of Taiwan lowered its prime lending rate by 0.25 percentage point to 7.8 per cent, effective yesterday. Analysts predicted Taiwan's biggest financial institutions would follow suit. The action by the Cooperative Bank, Taiwan's second-largest deposit-taking institution, follows a
          Bloomberg Business News  -  67 words
        • Article
          Lock icon ING's first-quarter profit up 27pc
          75 21 Bloomberg Business News AMSTERDAM Banking and insurance company Internationale Nederlanden Groep NV yesterday said first-quarter net profit jumped 27 per cent but trading income at its banking division dipped into the red. ING said it lost 99 million guilders (5582.6 million) on first-quarter financial transactions
          Bloomberg Business News  -  75 words
        • Article
          Lock icon NY bank opens Shanghai office
          60 21 Reuter SHANGHAI The Bank of New York has opened a representative office in Shanghai, its first in China. The Business News yesterday said that the bank was the world's biggest manager of American depositary receipts and had a worldwide network in handling securities, US dollar
          Reuter  -  60 words
      • Article
        Lock icon Russian banks want restrictions on foreign banks to stay
        287 21 Reuter MOSCOW Russia's Banks Association has called for curbs on foreign banks to stay, saying the market was not ready to compete with Western rivals. "We need a time-out to create a proper banking system in Russia," said Sergei Yegorov, president
        Reuter  -  287 words
      • Article
        Chinese trust taps S'pore syndicated loan market
        228 21  -  By Teh Hooi Ling SINGAPORE The local branch of Banque Francaise du Commerce Exterieure (BFCE) has helped the China Trust and Investment Corp for Foreign Economic Relations Trade (Fotic) tap the Singapore syndicated loan market for the first time. The US$2O million (5530.6
        228 words
      • Article
        Lock icon Japan's closed market likely to cap further rise of US$
        247 21 Reuter TOKYO The dollar has recovered recently from the record low levels at the end of April, but Tokyo dealers and economists see further rises being limited due to Japan's trade surplus with the United States. "If the Japanese government
        Reuter  -  247 words
    • FINANCE
      • Article
        Lock icon Prudential Securities jury calls witnesses
        515 22 Bloomberg Business News NEW YORK Federal prosecutors have begun calling witnesses to testify before a grand jury investigating the nation's fourth largest brokerage firm, Prudential Securities Inc, a lawyer familiar with the case said yesterday. Prosecutors from the US District Attorney's office in Manhattan called
        Bloomberg Business News  -  515 words
      • Article
        Crude oil futures surge on news of falling supplies
        171 22 Bloomberg ENERGY REPORT LONDON Crude oil futures prices were boosted to their highest levels since October yesterday following a drop in US crude and gasoline stockpiles. Meantime, Opec production remained steady for the ninth consecutive month, a level of stability unmatched
        171 words
      • Article
        Lock icon Europe and US taking a shine to gold again
        420 22 Reuter BOMBAY Global demand for gold, after a mild setback in 1993, will revive this year aided by the economic recovery in Europe and the United States, senior officials of the World Gold Council (WGC) said yesterday. The officials, in Bombay
        Reuter  -  420 words
      • Article, Illustration
        Lock icon Diamond race in Canada's Arctic heats up with gem rock find
        546 22 Reuter VANCOUVER The race to develop the first diamond mine in Canada's Arctic is growing even more feverish because of the discovery of a new, potentially world-class deposit. At the same time, a flurry of behind-the-scenes talks on corporate
        Reuter  -  546 words
      • Article
        Lock icon Kuwaiti oil firm reviews investment strategy, explores new markets in Asia
        433 22 Reuter MOSCOW The Kuwait Petroleum Corporation (KPC), the state conglomerate that controls the emirate's oil sector, is reviewing foreign investment strategy and seeking new markets. Former oil minister Ali Ahmed al-Baghli said: "We have to look for an outlet
        Reuter  -  433 words
      • Article
        Lock icon Vietnam issues new bonds to fund economic growth
        230 22 Reuter HANOI Vietnam has issued treasury bills and bonds to finance government spending and fight inflation, an official said. "The goals... are to attract people's idle cash to help balance the state budget and fight against inflation," said an official of the
        Reuter  -  230 words
      • Article
        Lock icon London
        220 22 Bloomberg Business News LONDON The dollar rallied against the dcutsche mark and yen here yesterday as investors bought US bonds for the second day running amid signs of subdued inflation. Demand for bonds was helped by a drop in commodity prices and news of an unexpected 0.1 per cent
        Bloomberg Business News  -  220 words
      • Article
        Lock icon New York
        98 22 AFP NEW YORK The dollar rose against other major currencies here early yesterday, pushed up by cover buying on a quiet market. At about 9:30 am (1330 GMT), the dollar traded at 1.6507 marks, up from 1.6475 marks at midday in London and 1.6465 late on Wednesday in
        AFP  -  98 words
      • Article, Illustration
        Untitled
        1635 22 Iratie-Hfixhltxl index cakulatnl apiinsi S'i**r\ top 14 tnk/ms partners. .1*0r. 198! US$/S$ forward rates Noon June 2 s$ Bid Offer 1-month 1.5304 ***** 2-month ***** I.S3I6 3-month 1.5296 1.5311 6-month I.52S4 1.5304 Sowtr. OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES At at 9am on Jimm 2 Singapore dollars to one
        1,635 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends higher on technical rebound
        1300 23 SJMEX REPORT Reuter SINGAPORE Simcx Euroyen futures closed firmer on a technical rebound yesterday. Dealers said the Euroyen was caught trading in a range and sentiment was mixed despite positive Japanese economic data over the last few days. According to Japan's Ministry of International
        Reuter  -  1,300 words
      • Article
        Tin loses another four sen to M$14.03
        679 23 COMMODITY REPORTS Tin TIN closed four sen lower at M$I4.03 a kg yesterday, due to falls in the London market overnight and a lack of overseas buying, traders said. A higher local premium of US$85 a tonne to the London market, against US$45
        679 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Copper smelter may face more delays
          58 23 TOKYO Freeport Indonesia's planned Gresik copper smelter in East Java could face additional delays if an alternative smelting process is selected for the plant, according to a senior company official. Freeport Indonesia took over as lead partner in the US$65O-million project in April after
          58 words
        • Article
          QNI to raise nickel output
          75 23 SYDNEY Australian metals producer QNI Ltd said yesterday it is aiming to increase its output of high-grade nickel. The move parallels a shift away from QNl's traditional stainless steel-producing customer base, said QNI executive manager John Reid. Currently, only about 15 per cent of the
          75 words
        • Article
          Beijing orders buying of rapeseed
          66 23 HONGKONG The Chinese central government has required local governments to buy 70 to 80 per cent of this year's rapeseed crop in a bid to regain control of prices, the China Daily newspaper reported yesterday. State purchasing departments are also being required to buy the
          66 words
        • Article
          Colombia raises internal coffee price
          72 23 BOGOTA In a move that surprised even growers, Colombia on Wednesday raised its internal coffee price by 7.5 per cent, the Colombian National Coffee Federation announced. The hike by the National Coffee Committee, from 132,000 pesos to 142,000 per 125-kilo load, was the second in
          72 words
    • Article
      COMMODITY PRICES
      1396 23 Rubber Singapore Commodity Exchange (futures dosing at at 5.39pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 94 154.75 153.75 154.75 200 2850 Aug 153.00 153.00 153.25 100 1150 Sep 151.50 151.25 152.00 500 2925 Oct7Dec 152.25 152.00 152.00 1350 8325
      1,396 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1148 24 -20.2 THE Australian share market fell sharply in afternoon trade yesterday, pulled back by plunging futures and a lack of positive leads, brokers said. The All Ordinaries Index closed 20.2 points down at 2,077.0, while the June share price index fell 21 points to 2,072.0 on turnover of 3,652
        1,148 words
      • Article
        Manila
        638 24 -35.09 The Philippine stock market fell yesterday ending a three-day rally that took the composite index to a five-month high but analysts said it was a healthy correction and fundamentals remained strong. The composite index fell 35.09 points, or 1.1 per cent, to 3,079.35, down from the 3,114.44 mark
        638 words
      • Article
        Taipei
        583 24 •4.83 The Taiwan stock index ended lower but export-related stocks were up on buying triggered by recent depreciation ofthe Taiwan dollar, brokers said. They said they expected a market consolidation to continue in the near term. The weighted index slid 4.83 points to finish at 5,956.62. Turnover was NT557.5
        583 words
      • Article
        Seoul
        495 24 +4.66 Seoul stocks closed higher as most telecommunications-relat-ed shares staged a rebound, dealers said. But concerns about North Korea's nuclear programme still overshadowed the market. The composite stock index added 4.66 points to 937.43, ofT a day high of 943.12. "Telecom firms spearheaded advances after the successful sale of
        495 words
      • Article
        New Zealand
        266 24 11.55 New Zealand shares ended firmer after the residual effects of Tuesday's bullish fiscal news showed up in the form of renewed foreign investment. The NZSE-40 capital index ended 11.55 points higher at 2,147.76. Nigel Scott at BZW Barclays said there were signs of foreign buying following the
        266 words
      • Article
        Bombay
        52 24 +90.21 Heavy buying by foreign institutional investors pushed share prices higher on expectations of a subdued trend on the last day of fortnightly account period for specified shares, brokers said. The Bombay Stock Exchange (BSE) 30-share index rose 90.21 points to 3,923.70. The 100-share national index rose 31.04 points
        52 words
    • WORLD STOCK MARKETS
      • Article
        London
        671 24 +48.9 STOCKS surged as rising UK government bonds countered the inflation concerns that have roiled European markets during the past two sessions. The FT-SE 100 Index of leading British stocks leapt 48.9 points or 1.67 per cent, to 2,980.8. That's the biggest one-day gain of the year, surpassing a
        671 words
      • Article
        Paris
        166 24 +27.7 French stocks rose as investors took advantage of this week's 3.5 per cent decline in the main share index to buy stocks that looked cheap. The CAC-40 Index of blue chip French stocks rose 27.70 points, or 1.4 per cent, to 2,007.38, while the broader SBF-120 Index rose
        166 words
      • Article
        Stockholm
        152 24 -4.12 Swedish shares closed lower for the fourth consecutive day following the weakness in bonds again, traders said. The 30-sharc OMX Index fell 4.12 points to 1,129.27. Seventeen of the stocks in the index fell, five were unchanged and eight closed higher. The yield on the nineyear government benchmark
        152 words
      • Article
        Brussels
        130 24 +8.83 Belgian stocks closcd higher amid optimism that 10-ycar bond yields have peaked and will soon Fall, traders said. The Bcl-20 Index of blue chip stocks rose 8.83 points to 1,471.71. The yield on the 10-year government benchmark bond climbed to 8.26 per cent yesterday. Brussels Jim 2 Frann
        130 words
      • Article
        Milan
        136 24 -33 Italian stocks closed lower as investors were unable to regain confidence amid lingering worries about European interest rate increases. While other markets in Europe seemed to shake ofT the nervousness of previous trading days, the Milan exchange was dominated by uncertainty and caution, said traders. The blue-chip Mibtel
        136 words
      • Article
        Amsterdam
        258 24 4-2.22 Dutch stocks advanced, pulled higher by financial stocks after the nation's scc-ond-largest financial group came in with strong quarterly profits. The Amsterdam EOE Index of the 25 most actively traded stocks closed 2.22 points higher at 399.74, lifted by ABN Amro NV, insurer Amcv NV and banking and
        258 words
      • Article
        Zurich
        224 24 -5.6 A fall in Swiss industrial stocks dragged down the main share index as investors switched to insurers and banks. The Swiss Market Index of 21 stocks lost 5.6 points to close at 2,725.9, with 12 shares declining, four steady and five advancing. Zurich Jun 1 t rears Tb
        224 words
      • Article
        Johannesburg
        293 24 1 Steady demand for top-tier stocks provided strong support to equities yesterday as the market shrugged off a weaker gold price and rallied on the back of a general improvement in sentiment. The overall index finished 54 points better at 5,474, the industrial index a point firmer at 6,564
        293 words
      • Article
        Toronto
        300 24 +4.51 Toronto stocks were mixed in quiet midday trading yesterday, buoyed by solid earnings results and a rc- covering bond market. Strong gains in consumer products and transportation offset smaller losses in most other sectors. The TSE 300 composite index was up 4.51 points to 4,294.17 on volume of
        300 words
      • Article
        New York
        850 24 +2.46 Wall Street stocks rose yesterday, buoyed by a drop in long-term interest rates, but the market was subdued ahead of today's employment data for May. At 1 pm EDT, the Dow Jones Industrial Average was up 2.46 points at 3,763.29. On the broader market, advancing issues edged
        850 words
      • Article
        Untitled
        850 24 Britannia Funds Sterliag Cash Bid Offer Mini t ap Deposit M 6400 3* 6500 Mim Jenes Cult 0 18V) 0.l« Mim Man Income 0 4W0 0 9 700 I S* Cash Income Plus fund 9 9100 10 4400 PS Reserse Fund 5 2600 5 2700 Sterliag t.quil) Euro PerfoniMiKt 0
        850 words
    • Article, Illustration
      Lock icon HONGKONG
      3089 25 Bloomberg Business News HONGKONG The benchmark Hang Seng Index fell 3.05 per cent yesterday as investors bid down stocks on which brokerages issued covered call warrants this week, traders said. The benchmark Hang Seng Index of 33 leading stocks declined 289.75 points, or 3.05 per cent, to 9,222.34. The
      Bloomberg Business News; Source: Bridge Info  -  3,089 words
    • Article, Illustration
      Lock icon CHINA
      500 25 CLSA BOTH Shanghai and Shenzhen B markets edged up slightly yesterday on moderate turnover. In Shanghai, Sanmao was actively traded with no change in closing price. Pilkington Glass was up 2.1 per cent on US$l.2 million turnover. Rubber Belt shed 4.4 per cent after Wednesday's 4.3 per cent fall.
      CLSA  -  500 words
    • Article, Illustration
      Lock icon TOKYO
      2551 25 Bloomberg Business News TOKYO Stock prices, which climbed to eight-month highs in the morning session, slid back to close lower as investors questioned whether an economic recovery is truly under way, traders said. Technology shares led the decline. "People are looking for positive signs that economic recovery is really
      Bloomberg Business News; Source: Bridge Info  -  2,551 words
    • Article, Illustration
      Lock icon BANGKOK
      1858 25 Bloomberg Business News BANGKOK Stocks declined yesterday on concern that the hunger strike of a well-known activist could turn into a potentially damaging political battle for the government, analysts said. Investors also bid down shares on expectations that economic growth may be slowed by rising oil prices, they said.
      Bloomberg Business News; Source: Bridge Info  -  1,858 words
    • Article, Illustration
      Lock icon JAKARTA
      1154 25 Bloomberg Business News JAKARTA Indonesian stocks slumped for the fourth straight day as poor earnings, rising inflation and higher interest rates repelled investors. The benchmark Composite Index fell 6.93 points, or 1.4 per cent, to 487.40. dragged down by timber company Barito Pacific. Trading totalled 10.3 million shares worth
      Bloomberg Business News; Source: Bridge Info  -  1,154 words
    • Article
      CLOB INTERNATIONAL
      2691 26 Idns Hyd 50c 11 .064.000 Mulpha Intl 50c 6.110.000 Hiomct 3.760.000 Rcnong Bhd 50c 3.609.000 Landmarks Bhd 3.329.000 MBf Capital 2.835.000 FACB 50c 2.089 000 Kamunting 50c 1.888.000 Kaber Group 1.269.000 AMDfl 50c 938.000 Bcqaya Group 871,000 Lien Hoc TSR97 802.000 B Raya TSR97 723.000 Idris Hyd 50c
      2,691 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Forced-selling drives shares sharply lower
        5901 26 Bloomberg Business News KUALA LUMPUR The Malaysian market dropped sharply yesterday as investors and brokers who had used certain stocks as collateral to procure loans were forced to sell by their bankers, analysts said. These mostly rumour-driven stocks, whose prices had risen by as much
        Bloomberg Business News; Source: Bridge Info  -  5,901 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7531 27 Gr Gr l**4 Last Vol Day Last Qaotc 1M« LM> YM Ne« >1 Cap Hick Low Com pan) Sale (*000) High Low Bayer Seller S Or S P/t Wl INDUSTRIAL AND COMMERCIAL 1440 845 I s Acma 845 cd -15 97 870 845 845 850 17.5 2.1 2.1 13.5 582.4
        7,531 words
      • Article, Illustration
        Lock icon Prices slide in tandem with KL sell-down
        1869 28  -  By R Sivanithy SINGAPORE Share prices tumbled yesterday for the fourth day, due to forced selling in Malaysia and continuing rumours that some Malaysian brokers and prominent market players are in financial strife. There was some buying interest in local stocks at the
        Charts by Bridge Info; Source: Bloomberg  -  1,869 words
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      16 17 On Shipping Times Page 1: Anro consortium upgrades East Coast service Keppel wins $60m conversion job
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      387 17 NEWS VALUE How today's news might affect your stocks Jakarta makes radical changes to free up foreign investment (pg l) Big boost for Indonesian economy. Likely to be warmly greeted by the Indonesian stock market although 49% ceiling on listed companies remains. Anwar quashes rumours of broking houses in trouble
      387 words
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      78 18 Dividends table has been held over Asia's corporate giants HK Telecom Once it was a staid and stable company, a legacy of the British empire and still very much a part of Britain. Now, with three years to go before Hongkong reverts to China, HK Telecom faces an uncertain future
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      124 19 In Five Days You'll Become Better Informed I ..THE ASIAN WALL STREET JOURNAL. j ;i' Wh«t'« Newi Foreign Brewcn Thirrt for China Market P«ct (I irmrtt *i'■*■ t 1 iI--r' I I I rt isffi«sra- ißyOwtrym, >g §B§ The Business Publication Of Asia Fax Your Business Card Now And Receive
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      178 20 v l^y|K? "THANKS TO SIA CARGO, THE ANCIENT TREASURES OF ASIA DIDN'T MAKE HISTORY/' Dft KENSON KWOK, DEPUTY DIRECTOR, ASIAN CIVILISATIONS MUSEUM (A MEMBER INSTITUTION Of THE NATIONAL' MUSEUM| "Plying the ancient treasures of Asia with SIA from the Mr Mrs John D. Rockefeller 3rd Collection, and efficiency immediately put
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      836 21 ,hOON£SIA MALAYSIA TAIWAN C«>*•' LIMITED Incorporated in Singapore THE STRONG GROWTH OF BRAND'S IN ASIA CONTINUES Groups EPS 19% ahead of Last Year Results For The Half Year Ended 31st March 1994 The Directors are pleased to announce the unaudited results of the Group and the Company for the half-year
      836 words
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      500 23 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. 8.V.1 ISLE OF MAN BAHAMAS JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS GIBRALTAR PANAMA HONG KONG U.K. LTD
      500 words
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      19 23 f STRAIGHT TALK You shoutdn't have to read between the lines to get the fu* picture. Companies Markets. Everyday.
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      160 25 The Zenith Rainbow Collection A Legend at Sea and on Land iHHHHE Water-resistant to 100 m or 50m. gJJJJ |WI I^LJ -3 ']-jJ !Jy m Hp Available in gold, gold and steel or steel. I I r Above It Beyond Pie Lid I Maritime Square (02-101 F.xpo Gateway Tel *****42.
      160 words
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      183 26 QUALITY THAT LASTS Ml h Since 1924, and with the same passion for perfection, Caran A art th* iymi>o/s of Bbl| d'Ache has been creating luxury writing instruments that transcend time. "Hp 1 lri| n our newest collection, "Geneve", you a perfect harmony "Geiiivt" Fountain Pen, black lacquer finish. Alio
      183 words
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      6 26 PERSONAWNANCE INVESTMENT Tomorrow in Business Times
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      38 27 SINGAPORE COMMUTER offers CORPORATE TRAVEL CARD Consolidated Monthly Statement of Accounts 1 other Services: Airport Meeting, Airport Transfer. STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. Business Times
      38 words
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      262 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF Wl DELINK SUPERSTORE PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN in pursuance of Section 308 (1) of the Companies Act, Cap. 50 that a final general meeting of the abovementioned company will be
      262 words
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      495 28 FAR EAST RADIO ELECTRIC COMPANY (PTE) LTD (Incorporated in the Republic of Singapore l (In Voluntary Liquidationi NOTICE OF FINAL MEETING NOTICE is hereby given thai pursuant to Section 308 of the Companies Act Cap. SO the Final Meeting of Memben of the Company will be held on Friday. 8
      495 words
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      210 28 TOL^TRE^^^N^l^o^4rie^^^^x!74l>lse FORM 633 THE COMPANIES ACT (CHAPTER 50) THE COMPANIES REGULATIONS 1987 REGULATION 76 NOTICE OF PROVE DEBT OR CLAIM FOR PUBLICATION Name of Company Kin Hoe Hang Construction (Re) Ltd (Under Judicial Management) Company No. 1981/*****E Address of Registered Office of abovenamed Company 686 A Geylang Road Singapore 1438
      210 words
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      Page 28 Advertisements Column 4
      338 28 THE COMPANIES ACT, CHAPTER SO SECTION 290(2)(B) notice of resolution VNINMI lINIHWIM PTE LTD (M MEMBERS' VOLUNTARY UQUOATION) At an Extraordinary General Moetrig of VMmet-Stftgapore Pta Lid held at 6 Battery Road. *32-00, Singapore 0104 on the 31st day o< May 1994. the following special resolutiona were duly passed RESOLVED:
      338 words
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      565 28 IN THE MATTER OF THE COMPANIES ACT. CAP. N AND IN THE MATTER OF SAN RAFAEL PROPERTIES PTE LTD (la Members' VohnUn UqnMatfea) MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBYGIVEN that the creditors of the abovenamed Company, which is being wound up, are required, oe or before the 2nd day of
      565 words
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      Page 28 Advertisements Column 6
      227 28 ACTIVEST MVESTMENTS PTE LTD (Members' Voluntary liquidation) At an Extraordinary General Meeting of the Members of the above company duly convened and held on 24th May. 1994. the following Special Resolution was duly pasMd: That the Company be wound up votuntarfly and that Chiu Kin YUen of 12 Eng Hoon
      227 words
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  • Shipping Times
    • Article, Illustration
      ANRO upgrades East Coast service to once a week
      324 29  -  By Ramesh Divyanathan SINGAPORE ANRO, a shipping consortium covering the Straits-Australia route, has upgraded its eight-day frequency East Coast service to a weekly run. Member carriers Neptune Orient Lines, Australia Straits Container Line, Australian National Line and Djakarta Lloyd said in
      324 words
    • Article
      Keppel wins $60m conversion job
      261 29 SINGAPORE Keppel Shipyard has clinched a $60 million conversion contract its biggest job this year. The company, a member of listed Keppel Corp, said yesterday the deal was the third conversion job landed in four months. The other two are a $40 million contract on
      261 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1097 29 Page Col ABC Containerize 16 4 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 Antaco Mgmt 17 1/2 •APL 5 3-5 Appcnship 8 4/5 Arabian Express 15 3 ASCL 5 5 Assist Marine 6 1 Avant Shpg
      1,097 words
    • Article
      Local freight forwarders to visit Vietnam
      210 29 SINGAPORE The Singapore Freight Forwarders Association is sending its first business mission to Vietnam on a nine-day visit starting tomorrow. The 18-member mission will be led by association chairman Stanley Lim and is supported by the Trade Development Board, with TDB deputy chief executive
      210 words
    • Article
      Lock icon Japan's shipbuilders get steel price cut but want more
      241 29 Reuter TOKYO Steelmakers have agreed to lower prices of steel plates for ships from April but shipbuilders are asking them to cut prices still further, shipbuilding industry sources said yesterday. Shipbuilders, who want to raise profitability, asked Nippon Steel Corp and
      Reuter  -  241 words
    • Article
      Lock icon Prices for East Asian bunker fuel mostly stable
      747 29 Knight-Ridder SINGAPORE The recent slide in East Asian bunker fuel oil prices was arrested in markets where local factors were balanced, with crude oil prices supporting bunker prices, traders said on Wednesday. Traders throughout the region noted a lack of demand, as
      Knight-Ridder  -  747 words
    • Article
      Lock icon Jinhui to list shipping unit in Oslo
      208 29 Reuter HONGKONG Jinhui Holdings Co Ltd yesterday said it plans to reorganise its ship chartering and operating businesses into a wholly owned subsidiary Jinhui Shipping and Transportation Ltd which will be listed in Oslo, Norway. Jinhui said it will make an international placement
      Reuter  -  208 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        531 30 fart Voy Wo Bwth fcmal Ihgrtwf Vw Voy Wo Both fcrtvai Oqwturt iurong Port Nee out 1 07/94 m a»o«s«je 03 06/U00 Art* C*IW 129/94 a alongside 03 06/1500 N*ko 1 ***** P04 alongside 0206/2000 Batam 06/01/94 19 alongside 0306/2300 P»Gan 209W P03 alongside 03 06/0600 Batam
        531 words
      • Article
        CONTAINER SCHEDULES
        1305 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Receiving of export fcl containers and lcl cargo Record Bookmf/Balance Rslts ;SNp Voy No Etb/Btr Period From To From •frgfo 1888 03/1230 W 02/1500 02/*****2/1900 "toU* 050A 04/1500 1A 02/1500 02/1659 02/1900 18 02/1500 02/1659 02/1900 3 03/0700 03/1159 03/1400
        1,305 words
    • Article
      THE SHIPPING GUIDE
      12944 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,944 words
    • Article, Illustration
      Lock icon Seeking to be an industry leader
      1080 46  -  Orient Container Warehousing Services, a wholly-owned subsidiary of national carrier Neptune Orient Lines, is slated for a main board listing this year on the stock exchange and is eyeing a rosy future in container servicing. Rahita Elias reports Rahita Elias THE Port of Singapore
      Photo by Chris Loh  -  1,080 words
    • Article
      DAILY FREIGHTS
      1251 46 DRY BULK freight rates continued in an easier mood as the •rfnaricet headed towards the traditional summer lull, brokers said oiEWcdnesday. f PSoamax and capesize fixtures were softer while Atlantic time-charter* showed signs of Weakening, they added. v Prices rose on the Baltic Futures Exchange but traders attributed
      1,251 words
    • AIR AND LAND TRANSPORT NEWS
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        Lock icon Japanese airlines say earnings will fail to take off this year
        560 48 Reuter TOKYO Japanese airlines reported on Tuesday that their business remained poor in the latest financial year, and say earnings will not soar this year despite an expected increase in passengers. Kazuhiko Komiya, senior vice-president at All Nippon Airways
        Reuter  -  560 words
      • Article
        Lock icon VW's 5-month unit sales up 6pc to 1.4m
        314 48 Bloomberg Business News HAMBURG Volkswagen AG, Europe's largest car maker, said on Wednesday worldwide unit sales in the first five months rose 6.1 per cent to 1.4 million vehicles. While unit sales in Germany, which last year accounted for some 30 per
        Bloomberg Business News  -  314 words
      • LOG BOOK
        • Article
          Lock icon EU adopts plan to help airlines
          108 48 Bloomberg Business News BRUSSELS The European Commission said on Wednesday it agreed on a plan to tackle structural problems in the European aviation industry, which is struggling in the face of foreign competition. The plan, to be put to EU transport ministers on June
          Bloomberg Business News  -  108 words
        • Article
          Lock icon NZ businessman starts ferry service
          94 48 Bloomberg Business News WELLINGTON New Zealand businessman Brooke McKenzie next month will start a high-speed ferry service between the country's North and South Islands, The Dominion newspaper reported on Wednesday. Mr McKenzie's Sea Shuttles (NZ) Ltd will use a NZ$47 million (5542.6 million) Wavepiercer catamaran
          Bloomberg Business News  -  94 words
        • Article
          Lock icon Air UK condemns restrictions at Orly
          75 48 Bloomberg Business News PARIS The independent British carrier Air UK protested on Tuesday against the "arbitrary and discriminatory" conditions set by French Transport Minister Bernard Bosson for flights from London to Paris-Orly, the airport south of the French capital. Managing director Andrew Gray said
          Bloomberg Business News  -  75 words
      • Article
        Lock icon US car makers plan trip to closed-market South Korea
        653 48 AP WASHINGTON It has a familiar ring. US car makers plan to visit a nation that has virtually shut out their products while rapidly increasing its own production of cars and selling them worldwide. But this time, Japan isn't tse destination.
        AP  -  653 words
      • Article, Illustration
        Lock icon Major gets a feel of the Lotus Elan
        50 48 Reuter HORWICH, England Prime Minister John Mayor gets out of the new Lotus Elan limited edition during a visit to the local car factory on Wednesday. Mr Major was in Horwich campaigning for the Euro-Elections which take place on June 9. Renter
        Reuter  -  50 words
      • Article
        Lock icon New US airline to fly to South Africa
        200 48 AFP WASHINGTON A newly established airline specialising in service to South Africa will begin twice-weekly service this week between the Washington and Johannesburg, becoming the first US carrier to serve the country in 10 years. USAfrica Airways president Gregory Lewis said he
        AFP  -  200 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1415 48 ag nm en nm n»_ Ata MmM GA976 0010 GA928 2140 GA970 2155 MlllMl QF81 1925 QF82 2055 SQ227 2230 AatsterrtM KLB37 1450 GA976 0010 SQ323 1730 KL838 2300 SQ26 2355 Mkmn SQ348 2250 kacUmi N273 1550 SQ285 2045 SQ288 2040 NZ74 2340 BA12 2200 tgWfc
        1,415 words
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        Lock icon South Korean car producers enjoy booming business
        440 48 AFP SEOUL Business is booming for South Korean car makers this year, with export orders streaming in and buyers queueing up to buy new models, analysts and company officials said. Statistics show that from January to April, production by the five main car
        AFP  -  440 words
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      35 29 THE SPECIALIST IN jfU WIRE ROPE i LASHING A r testing yk MATERIALS a^lle'S LIFTING fflv GEARS MINTERMARINE SUPPLY CO. (PTE) UD N0.7, Bukit Baft* Street 22, Singapore 2365. Tel: 563 3488 Fax: 563 6811
      35 words
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      Page 29 Advertisements Column 2
      51 29 Mj jk MKu V >y| -v jH |MBk Executive chairman of Orient Container Warehousing Services, Kirpa Ram Vij, has reason to smile. Find out why on page 18 Ums mml MnrkM re#r«ttaU4 Mirtin ei tke Itoftetry «f AccrwMtad Aywta, thpun HaM—al ttfrpta| AmmHn< for advertising enquiries, contact Shipping Times: Tel
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      67 29 the jjfr FAMOUS i Jumtaiu/ men miAMB KEQM3 224 1833 For more information please refer to Pg. 13 K DOT WILC WIGHT! FAST TRANSIT TIMES: LA TO STOKE 16 DATS STOKE TO LA 18 DAYS 1 I" II I r F.C. WRIGHT INTL (S) PTE LTD Major Forwarder Using Conference
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      375 30 i TSKLJNE AGENCIES (S) PTE. LTD. AgngA rI 1 17 fjkTfl Tel: 226-3363 tjP*s i t3 9 9 JJLWIi 226-1972/3 I -7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I EXr^ TS TO nT CT<^ Q ml 1 ACX Lflßß BMB "30.05 "01.06 31.05 03.06 07.06 09.06
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      Page 30 Advertisements Column 2
      1197 30 r Tfr PUT IjginM WWfflliil^HMßßßlEpßßpgHjl JOB I2SK- Li lonl >a «I Ml ifiua OK 1I BB [«5 wr ■> m« awnt war stum* momm- ar nur wr un«r hTW CMIfCKMM JUPITIt V 73 Mi 256 I 276 I *****41 284 214 284 284 I 2 7 "H CAUFORNA LUNA *66
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      2125 31 SH,PP,N AGENC EB PeS^^TlL A o^7^6^ 1 5:*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) T 1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 *****3/4 FAX. *****8 r— TEL: *****27 FAX: *****25 Dedicated to Quality Service cr number: **********0 c t 7 200 CANTONMENT ROAD, #12-05 SOUTH POINT, SINGAPORE 0208 [toUM
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      Page 31 Advertisements Column 2
      1857 31 uumssamm WEEKLY SERVICE TO FREMANTLE NEXT AVAILABLE SAILING SWAN REEFER V.9433 ETA SIN 10TH JUNE 94 Vassal Voy ETA ETO Fmdarad by s destinations TIW «Mt maihiloc MAtBSK vMos os/os 0800 mrs CFS 06/06 2389 MRS JOM LPK PEN OAK |LQB SFO MEM ATL MIA CHS BAI PML NYC I
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      1573 32 AQABA R OAM/ LE ALBO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) STON H BURG A WERP HAVRE WEST MALAYSIA KITANO 25/321 4/6 13/6 20/6 22/6 25/6 27/6 29/6 Port K elang. Penang KAMAKURA 34/122 8/6 25/6 28/6 26/6 Pasir Gudang ELBE 22/322 11/6 20/6 27/6 29/6 2/7
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      Page 32 Advertisements Column 2
      653 32 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi. Islamqala (Doqharun) C.1.5./RUSSIA: Vostochny, Vladivostok, Moscow, Baku, Tashkent. Irkutsk, Alma Ala, Astogabad, Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned America V.2174 06/6 09/7 CGM Korrigan V.2184 14/6
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      Page 32 Advertisements Column 3
      1307 32 1 NORASIA I I VSL/VO Y I NORASIA SMARIAH 9422 3 08/06 30/06 01/07 02/07 03/07 04/07 05/07 06/07 07/07 07/07 I I NORASIA MUBARAK 9423-4 15/06 07/07 08/07 09/07 10/07 11/0/ 12/07 13/07 14/07 14/07 I I NORASIA AL MANSOORAH 9424-3 22/06 14/07 15/07 16/07 17/07 18/07 19/07 20/07
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      1706 33 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tol: *****88 Fax: *****17 New GUINEA PACIFIC LINE ■HIMIMyMHSBIBHIiyMiIMHIIIISIIIaM MvEP < a SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAILS STRAITS Pttt *09E Muara 01 02 km 03 km 04 lunt FCL LC t CONTAINER AND
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      Page 33 Advertisements Column 2
      2826 33 t SINGAPORE AGENT: /v««f n P&O Containers (Singapore Agencies) Pte Ltd' tEV A, 43C\, 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Te<: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 fPi CR Number: **********0Z EXPORT IMPORT -1 VESSEL VOV 'PNO *PKQ SIN SOU ANT ROT HAM
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      8 33 HO CHI MINH TEL: *****26 FAX: *****27 LENNON
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      36 33 VCBSEL ETA ETC) DESTINATION SO NO TKN 2 31/06 OS/OS HO CM MtNM NMUT TAO 2S/0S 01/08 HO CHI MINH SUBJECT TO INDUCEMENTS VIETHONG SHIPPING PTE LTD TEL: 225 1511 FAX: 225 0«33 TLX: R*****1 VIETHK
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      628 34 GENERAL AGENT Cfl NO *****81-***** i i|K EKA JAYA AGENCIES >aKar TEL: *****22 (8 LINES) FAX: *****05 Jj SALES REPRESENTATIVES IN CHARGE FRoCm MBN" CITY PA«n IIMNPPttQHt/PfUCTI] HBWWY HOt 21«»« m—fIMMM S kklviw chan a—i MAWOJ »MO«H \tnim TO VIETNAM/HCMC CONTAINER-FEEDER SERVICE CENTER-POINT E 7 LINES V «aa wr ti»
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      Page 34 Advertisements Column 2
      1676 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FEW VSI r»T|u* HAUL SEA TV* POX FW Wl SN lift HAUL SAV 1M NTC HA NAN 10NGKACH 04K 3/6 DMCT 22/6 24/6 25/6 HARM LONGKACH 04K 3/6 H. KUiUNG IMC 7/7 1/7 10/7 HAIUM EII2AKTH
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      Page 34 Advertisements Column 3
      1445 34 i J -J .T c-l"^T3"3T|^ Ipu sgp ksg wc klg pus «t osk net m fro im cm wi mc un mm mm nr tec no cm pu sgp I GROWTH KMS 6/0 7/0 12/ C 14/0 10/0 19/0 20/0 21/ C 22/0 21/1 24/ C 5/7 11/7 21/7 21/7
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      2309 35 sex: 'CALIFORNIA JUPITER 73E' eta sgp 08/06/94 II II ARRIVING LOS ANGELES 25/06/94 IN 16 DAYS l| II l| AEX 'NEPTUNE CORAL 15E' ETA SGP 09/06/94 l| II ARRIVING NEW YORK 02/07/94 IN 23 DAYS H| ■XPOAT TO: MW/MHTSMiMFOM CALIFORNIA EXPRESS (tCX) T0: WWC —US OULF MIDWEST UMC CANADA VHIIL
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      Page 35 Advertisements Column 2
      1168 35 I A I MULTILINE SHIPPING PTE LTD Wm (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
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      1390 36 Ktt f f AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CR NO: **********0 M GST REG NO: M 2-*****99-6) M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I*' W MALAYSIA "R" LINE MARITIME (MALAYSIA) SON BHD 4 TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA:
      1,390 words
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      Page 36 Advertisements Column 2
      778 36 ®APPENSHIP HAMBURG ITv/ CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE LOADING FOR NOVtORAD ANTW 20/05 SPORE 17/06 ECUADOR BIL 22/05 SPORE 29/06 KOALA CONTAINER I IMF SPORE ax HAM RTM LEH BALANORA 4606 03/06 28/06 29/06 30/06 02/07 CS NEW ZEALAND
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      Page 36 Advertisements Column 3
      422 36 m r GOLDEN LINE guan guan shipping ITV>M pT E) LTD 23. TtM »yer Street SINGAPORE 0104 TEL: ***** M (10 UKS) Fu: *****04 (0 lb. **********0*) ■TIUm/nMUW GULF MHYICI Spore P Hdang Pfnang HUBI KM KaracN Out* /Aw* 1/10 Urn MUOIHARVEST Karachi Onto Kraut 22/24 km CHIHA SERVICE GOIMN
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      966 37 PACIFIC INTERNATIONAL LINES (PTE) LTD ]140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO: **********06 VESSEL VOY SIN BKK SIN VESSEL VOY iiS JKT SIN 1 EQUATOR CRYSTAL 07N 4/S 7/S 11/S KOTA BERLIAN BRLOO7 5/8 8/6 12/6 5 KOTA SABAS SBSOOI 5/S 8/6 12/6 J °TA EAQLE
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      Page 37 Advertisements Column 2
      954 37 vtsstis yoy it mm Hamburg Thames rotterpw Awmitf Will 01 VEGA GOJW 01/06 01/07 03/07 04/07 05/07 07/07 WLLE 01 «L« VO3W 14/Ot 06/07 00/07 08/07 10/07 12/07 Vtlt 01 TIIIUM IO4W 21/(X 13/07 IS/07 10/07 17/07 18/07 WU DC lUCANA 004W 20/07 22/07 23/07 24/07 20/07 •AISO ACCIPTMG CARGO
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      Page 37 Advertisements Column 3
      803 37 BSfl i MYANMA %BBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'port P.KIf Pen P Gdf MERGUI VI23W SM PAGAN V2O9W In Port HP A AH V2O2W 06/04 km PAGAN V2IOW 20/21 )un MALAYSIA AGENTS: BOUSTEAO SHTfftG AGENCIES Kll: TCI S3 *****00 PKL: TEL 03-36M767 KN: TEL
      803 words
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      Page 40 Advertisements Column 1
      1237 40 SINGATOME'S GENERAL AGENTS MALAYSIA'S AGENTS I )S( I 1 COSTA* SHIPPING PTE ITD Cluing Chiao Skipping S4n Bhd KIIDfIDC CYDDCCC VyVyLIV/Vy 2 Mistri Koa4, KMC BMf *15 00 Singapore 0207 Man Lint: Ptrt Kelaag 365 HOC CI/fll/vE CArflCyO CM NO: ********** M UCM NO: CCSV Koala Lampor 03-241 4616 C_
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      Page 40 Advertisements Column 2
      177 40 /^norbuuK I NORBULK CARGO SERVICES LTD. 1 I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES WORLD AGAMEMNON 15/6 18/6 ROM/ANT/UK I NORBULK TBN 2t/6 30/6 FLU/RMM/NfT/UK I PK LOADING FOR I NORBULK TBN 2S/6 30/6 DBN/CPT/EL I ALSO LOADS TAWAU. KK. T6. MAW I PK SWK/SABAH LOADING FOR NORBULK PME
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      Page 41 Advertisements Column 1
      808 41 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 5/6 ROTTERDAM 4/6 AARHUS/ COPENHAGEN 5/6 HAMBURG/BREMEN 5/6 MARSEILLE/FRANCE 7/6 FELIXSTOWE/UK 5/6 BARCELONA/SPAIN 676 LEHAVRE/FRANCE 4/6 GENOA/ITALY 676 ANTWERP/BELGIUM 6/6 LOS ANGELES/WC/IPI 5/6 SYDNEY/MELBOURNE 4/6 NEW YORK/EC 5/6 FREMANTLE/ADELAIOE 5/6 VANCOUVER 10/6
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      Page 41 Advertisements Column 2
      1026 41 1 IVEBSELl VE8SEL VOY s f w J f T I VESSEL VOY SIN PEN H I IBWA BHUM 538 Fri ln_Pl_ _Tu« 7/8_ j| DE ja BHUM 4588 ~~Fri li» Pt Sat 4/8 VESSEL VOY SIN BKK BHATRA BHUM 328 B*l 4/8 Tiw 7/8 p KOTA SURIA SUROOI Sun
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      Page 41 Advertisements Column 3
      290 41 I^^^TIcHnEUDTuRIN^fSNCIt^S^T^T^ [V TEL: *****33 (12 Lines) L=L FAX: *****15/*****03 m TELEX: RS ***** RISHIP (3 Lines) l== CR NO.: **********0E 3Q ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vmnl Voy ETA Loading For Spore Abbay Worn 40WB 21/07 Daraasalaam. Mombaaa. Djibouti Aaaato. Maaaawa Netsanet 35W8 21/06
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      Page 41 Advertisements Column 4
      580 41 fpjjp)Polnt-to-Polnt Regional Pf LM^ Yfff TEL: *****55 FAX: *****94 CR NO: **********0 C .'H Guarmnt—d Smiling* to:BANGKOK/LAEM CHABANG/LAOS EVERY NED I SAT 0 MAMLA/CEBU EVERY TUES PORT KEIANG/PENANG EVERY MON ft FRI j HO CM MMH EVERY FRI HONG KONG EVERY FRI JAKARTA EVERY SAT 'U BUS AM EVERY SUN
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      1595 42 PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 2/6 3/6 4/6 Hong Kong Genoa/Barcelona 2/6 3/6 4/6 4/6 5/6 6/6 Hong Kong G'burg/Chagon/S'hohn/Oslo 5/6 6/6 7/6 7/6 8/6 9/6 Hong Kong P*a«us 18/6 19/6 20/6 5/6 6/6 7/6 Kedung j 4/6 5/6 6/6 Kaohsiung I JPN/KOREA/MANILfI I s/t S"2J Manila/Cebu
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      Page 42 Advertisements Column 2
      167 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ITI EtA ETA SMt( TOUT KEIWK rENMK Bill MOE 22/6 loading to( Mile RUVAI HUDHU 20/6 lojdini toe Colombo OOUIW 18 6 LoKkng For Mal« nONEEI SUPKEME 15/6 Loading For Male UMMEEDH 6/6 Loading For Male PKOOESS IBERTT 8 6 Loading lor
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      Page 42 Advertisements Column 3
      1120 42 r JCL THONG SOON UNES PTE LTD I 7 SHENTON WAY #10-01, SINGAPORE 0207 I I Vy \y TEL: 227-5088 FAX: 227-6011 I I jgf TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I << wkmpb moom coMWAir SINGAPORE TO SARAWAK VESSEL VOY TTST PEST VESSEL |VOT [S'PORE [PEST
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      615 43 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BftEAKBUK SOC CARGOES TO/FROM KOK. YOKOHAMA. NAGOYA. MO*. TOKYO*. MANIA". DAVAO*. Ptnant* P. Kelanj Smjjpofe E'Msia* IVYEVERETT V9E 17/18 Jun 19/20 lun KAMALEVfRETT V2IE 30 Jun/01 Jul 02/03 W SHAPLAEVERETT V2IE 14/15 Jul 16/17 Jul ACCEPTING BREAKBU.K, FCI, SOC CARGOES TO/FROM CHTTAGONG.
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      228 43 Vfe 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 X 1/6 7/6 16/6 GLORY SELATAN V 9/6 12/6 15/6 SP PKL HCM HK KAO GLORY SELATAN VI 27/5 1/6 5/6 VESSEL
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      516 43 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VESSEL SIH KARACHI SARGOCHA 143-HW 17/06 ISLAMABAD 122HW 20/(X 23/06 MAKRAN 149 HW 1? 07 21/07 HTOERABAO 131-HW l»/07 27/07 FAR EAST CONTAINER SERVICE ONLY vessel hwg qsa WATTroir"™ WMH mow W/Ot 13/04 17/04 20/04 22/04 24/04 HTOERABAO 130 OW
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      Page 43 Advertisements Column 4
      631 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS TAO HE/84 11/Oe 24/06 25/06 27/06 12/07 JIAN HE/84 26/08 09/07 10/07 12/07 27/07 HUIHC/106 11/07 23/07 26/07 28/07 12/08 VI HE/ 100 26/07 09/08 10/08 12/08 27/08 SHUN HE/105 11/ OB 2S/OS 26/08
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      Page 43 Advertisements Column 5
      360 43 SIN FAR EAST 7/06 KEELUNG/KAOHSIUNG 5/06 BANGKOK 5/06 MANILA/CEBU 5/06 JAKARTA/BELAWAN/SURABAYA 5/06 PORT KELANG/PENANG/E. MALAYSIA 5/06 BUSAN 5/06 TOKYO/YOKO/KOBE/NGO/OSA 5/06 HONG KONG SIN CIHNA (*lS#±»*n) 5/06 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOl) also accepting LCL cargo SIN EUROPE/UK 7/06 LDN/FLX/LVP/SOU 7/06 RDM/HAM/ANT/LEH/GOA/OSI/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 5/06 LOS
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      Page 44 Advertisements Column 1
      738 44 PHIU OniCNT LINGS PT€ LTP 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 jfc, jQ P. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0H)^ JOTA MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 04 JUN SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 06 JUN
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      Page 44 Advertisements Column 2
      284 44 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 06 JUNE (Accepting to a<l New Zealand porta) PENAN6 10 JUNE JAKARTA OS JUNE PORT KLANG 09 JUNE BANGKOK 05 JUNE MANILA OS JUNE MELBOURNE 11 JUNE SYDNEY 11 JUNE BRISBANE 11 JUNE FREMANTLE OB JUNE ADELAIOE 17 JUNE 'ACCEPTING TO ALL
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      403 44 Next Week's Sailings Singapore FIRSI FORWARDER IN To: ETD lo: K I D ASIA awarded Singapore Singapore ISO 9002 BY IRQ A EVERY EVERY Bangkok SUN Jakarta SUN wwi EVERY EVERY Manila SUN Ho Chi Mlnh FRI fD 1§) EVERY EVERY Colombo FUE Limassol IHUR 11 INTERNATIONAL SEA FREIGHT FORWAROMG
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      1560 45 SEAMA^VRGENTIN^IN^^fS^I CONTAINERISED "HUB" SERVICE I I DIRECT TO ARGENTINA/BRAZIL URUGUAY 1 I WESTBOUND BASK PORTS VIA BUINOS AIRES VIA SANTOS iiMiijiju, 7— 1 I 1 11 VISttIS VOV IKM BJUMS 3AKTOS USHUAIA M'VlDfO ASUNCION R.M JAN*UK) PARANAQUA 1 I FRANCISCA SCHULTE OIE 10/06 09/07 12/07 05/07 11/07 I 12/07 15/07
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      Page 45 Advertisements Column 2
      364 45 CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS I WTI »tfl|FflHllil[lM[ MtflM MMkM am mn oi/« ot/w warn shMiw M?m <n/n u/w NOMSIA MUBAItM 4 IVW M/Dt MUi W we* W «/0t 11/ M 11/17 >3/17 M/ 0? tS/17 17/17 *11 PI
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      Page 45 Advertisements Column 3
      508 45 |C CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.38 I PORTS VOY MM «IKI MONTfVIOCO DURBAN MKAUTA NAOOYA VISSCLS PtTROOVORtTO EBII OA*£P SAILED MAID 30/00 08/0?" 10/09 14-16/oio~ 20-21/09 pawzian em sailed sailed 02/00 ini/w tr/m on>a/Q7 QOKABRI»T tan 30/00-00/0# 02/09 21/0« 03-08/07 07/07 12/07 10-10/07 N. KRMPBKATA 1014 l» 2»/Oe
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      Page 46 Advertisements Column 1
      411 46 VESSEL VOYAGE I SUGAPORE MANIA WCW "<** 9421N 03/06 (FRI) 08/0$ (Wfl)) PttVQWYSK 9403W 07/06 (TUE) 11/06 (SAT) BiftSPJ"gf» Y LANKA MAHAPOLA 9401N 10/06 VFWII> 15/06 (WED) FWDAY TIJESWY VIGOUR PACIFIC VESSEL T VOYAg SINGAPORE GENERAL SANTOS DAVAO CEBU mkolay morqzov 09/06 (THU> 10/0< 12/06 (SUW) VESSEL VOYAGE PORT KLANG
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    • Miscellaneous
      Page 46 Miscellaneous Column 1
      685 46 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0000 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 ft 1.3 15 1.4 1.6 1.1 2.0 2.1 2.1 1.9 1.7 1.4 1.2 1.0 1.0 1.1 1.2 1.5 14 2.1
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      Page 47 Advertisements Column 1
      1016 47 ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 WW* PKE* TCP* VESSELS VOT I SW I RTM I AWT* LEH* HAM BREj FEL 01/06 03/06 04/06 NOR FRBOURG 311* 06/06 24/06 25/06 26/06 25/06 25/06 21/06 01/06 10/06 11/06 H. CHALLENGER 310* 13/06 01/07 03/07 4/07 03/07
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      Page 47 Advertisements Column 2
      466 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS USUI N) V N IN M UMtl 127 n uu ma hs KII9M Ml 11/ l COSMC lUK I MS l/l l/l COSMIC CSUUKU 111 17/1 ti/i OUTBOUND VESSELS LOIDWC FOR KUCHINC/MUAR A KEISHUN V2S SP 16/6 LOAPMIC FOR
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      Page 47 Advertisements Column 3
      988 47 JEDDAH/UK/CONTINENT IITOK AD S TON HBURG RDAM LEX *Mm Accopfant Cap For RITANO 29/321 4/6 13/6 22/6 2S/6 27/6 29/6 Southampta :loal UK Aottoutm. BHfjH and OK* RAMAKIMA 34/122 1/6 2S/6 21/6 30/6 Hotlcrdan :to al Antwoip. Amsterdam. (Mo. Hohofc ELBE 22/322 11/6 21/1 29/6 2/7 4/7 6/7 Southampton :toal
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