The Business Times, 7 July 1994

Microfilm: NL19567
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES wi; KNOW ASIA MITA(P) 010/12/93 Thursday July 7 1994 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow up 26 points
      57 1 Bloomberg NEW YORK The Dow Jones Industrial Average rallied after a round of computerguided buy orders lifted the index shortly after Ipm EDI according to Birinyi Associates Inc, a firm that tracks comput-er-driven trading. Before the orders, prices were little changed. At 2pm EDT, the index
      Bloomberg  -  57 words
    • Article
      Lock icon Fed meeting ends with no announcement
      29 1 Bloomberg Business News WASHINGTON The Eederal Reserve's policy-making committee ended deliberations yesterday with no announcement about whether it decided to raise interest rates.
      Bloomberg Business News  -  29 words
  • Article
    MARKET SUMMARY
    163 1 Stock market indices Wednesday Change STII 2,162.88 -25.07 KLSEComp 995.36 -8.7 Nikkei 20.629.03 -205.34 Hang Seng 8,454.92 -168.27 SET Index 1,297.45 +1.81 Jakarta Comp 453.69 -3.07 CLSA China B ....1.011.60 -2.21 Aust All Ord 1,991.2 -12.2 FTSE 100 2,946.7 -18.3 Wednesday Previous 2pm close Dow Jones 3,679.03 3,652.48
    163 words
  • Article
    Listless trading in region
    174 1 SINGAPORE Investors in the region appeared to be bracing themselves for the worst ahead of a key meeting in the US which could determine the direction of interest rates. Apart from the Philippines, the region's stock markets yesterday turned in uninspiring performances. On fears that a
    174 words
  • Article
    Asian investment in US falls to lowest level in 7 years
    553 1  -  By Chuang Peck Ming SINGAPORE Asian investment in the United States fell to U552.74 billion (SS4.I billion) last vear. down from U553.72 billion in 1992, though total foreign investment in the country picked up, says the US Department of
    553 words
  • Article
    Lock icon Markets brace for higher rates as Fed meeting enters final stretch
    306 1 Bloomberg Business News WASHINGTON The Federal Reserve's policy-making committee began a second and final day of deliberations yesterday as financial markets braced for the possibility the central bank could move for the fifth time this year to raise interest
    Bloomberg Business News  -  306 words
  • Article
    Lock icon US$ rallies after hitting low against mark
    217 1 Bloomberg Business News NEW YORK The dollar rebounded from 14-month lows against the Deutschcmark amid speeulation that the Federal Reserve would raise interest rates after yesterday's meeting on monetary policy to support the currency. The dollar fell to 1.5662 marks in the morning,
    Bloomberg Business News  -  217 words
  • Article
    Thais get 715b baht budget aimed at sustaining growth
    544 1  -  From Loh Hui Yin in BANGKOK PRIME MINISTER Chuan Leekpai, who presented to Parliament yesterday a 715 billion baht (5543.4 billion) budget for the new fiscal year, said it was aimed at sustaining economic growth of 8 to 8.2 per cent
    544 words
  • Article
    Vietnam puts F&N's Coke venture in the south on ice
    609 1  -  By Lee Han Shih SINGAPORE Fraser Neave (F&N) has hit an obstacle in its plan to produce CocaCola in southern Vietnam. Its Vietnamese operation was informed politely in a letter dated June 22 that its application for a joint venture
    609 words
  • Article
    Lock icon Japan's opposition coalition in danger of splitting up
    342 1 Reuter TOKYO Japan's opposition coalition, still reeling from the stunning parliamentary defeat which made Socialist leader Tomiichi Muiayama the new premier, is in danger of breaking up. Many lawmakers in the coalition. which toppled the Liberal Democratic Party (LDP) last year after
    Reuter  -  342 words
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      172 1 ilLilllWWHWMBPPHWWfTO CONTENTS News Companies Spore News 2 S'pore-M'sia .17.18.19 Regional News 3.4.6 Financial 20,21 World News 8 Features Markets Analysis IS Oob/KLSE. SES 24 26 Editorial 14 Regional 22 Sports 9 Work) 23 TV lifestyle 11 Currencies 20 Law 13 Sunei/Commo .20.21 Subscription Tel 1800/4925// fa* /4448/b BT Newsdesk Tel
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      11 1 Innovation: Pk 12 Crystal-clear research shines Regional market reports. Pages 21-26
      11 words
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      23 1 Hock Lock Siew: \fA SCCCAH Time to buy Indian sh&fohL G-7 Mill act to prevent swings in forcx rates: BoJ head, Pg 16
      23 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Flat resale ads on a steep climb
        282 2  -  By Abdul Hadhi IHE NUMBER of advertisements in The Straits l imes Classifieds section for HDB/HUDC fiats for June appears to indicate that more and more Housing Board fiat dwellers are moving to bigger fiats or to private housing. The ad count showed
        Source: ST Classified  -  282 words
    • Article
      NPB to commit $20m for 3 new skills training schemes
      423 2  -  By Jennifer Lien THE National Productivity Board will commit about S2O million over the next three to four years for three new Skills Development Fund schemes which will generate 30.000 to 40.000 training places. Minister for Trade and Industry Yeo
      423 words
    • Article, Illustration
      Science Park II to house $70m telecoms research centre
      163 2 SINGAPORE'S first specialised centre for telecommunications research, the $70 million TeleTech Park, \fcill be built at Science Park 11, a 20-hectare extension of the existing Science Park I. The owner and developer of Singapore Science Park 11, Singapore Science Park Pte
      163 words
    • NEWS ROUNDUP
      • Article
        Foreign worker levy through Giro
        82 2 FROM Sep 1, 1994, all employers of foreign domestic workers will have to pay the foreign worker levy by interbank Giro. The move is in line with the national effort to reduce the need to make regular cash or cheque payments and enhance productivity. The
        82 words
      • Article
        Mah Bow Tan to visit constituency
        34 2 THE MINISTER for Communications and for the Environment, Mah Bow Tan. will do a constituency walkabout in the Kebun Bahru Division of Ang Mo Kio GRC this Sunday.
        34 words
      • Article
        PSA to train Queensland marine pilots
        48 2 THE Port of Singapore Authority and the Queensland Department of Transport have signed a memorandum of understanding under which the PSA will train marine pilots from Queensland. Under the agreement, the PSA will provide a six-day familiarisation programme for 30 Queensland pilots.
        48 words
      • Article
        Conference on entrepreneurship
        80 2 THE fifth Endec (Entrepreneurship Development Centre) World Conference on The Pursuit of Opportunity begins today at the Marina Mandarin Hotel at 9.30 am. It will be officiated by Minister for Trade and Industry Yeo Cheow Tong. The conference provides a forum for entrepreneurs, academics and other interested
        80 words
    • Article, Illustration
      Maharashtra Chief Minister woos Singapore investors
      366 2  -  By Vikram Khanna SHARAD PAWAR, Chief Minister of India's most industrialised and urbanised state. Maharashtra, yesterday rolled out the red carpet for Singapore investors. Speaking at a conference on Doing Business with Maharashtra. organised jointly by the Trade Development Board and the Economic Development
      366 words
    • Article
      Govt aims for direct funding with budgeting for results
      336 2  -  By Chuang Peck Ming POLYTECHNIC students may in future receive government money directly to "buy" the courses they need or prefer, a senior government official said yesterday. This would take the government one step further in its efforts to become lean
      336 words
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      10 2 tin wind at the ANA. Leave your watch atthe aoor.
      10 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Cambodia outlaws Khmer Rouge
      491 3 But government won't rule out future peace talks with rebels, savs Ranariddh Reuter AP AFP PHNOM PIiNH Cambodia's Parliament yesterday overwhelmingly agreed to outlaw the Khmer Rouge guerillas but the government kept open the door for future peaee negotiations with the insurgents. Parliamentarians voted 98-1 to
      Reuter; AP; AFP  -  491 words
    • Article
      Thailand's popular — yet reluctant — ex-PM leaves door open for return
      410 3  - Thailand's popular yet reluctant ex-PM leaves door open for return From Loh Hui Yin in BANGKOK ANAND Panyarachun, who had two brief but successful stints as Thailand's appointed prime minister, is "99.9 per cent" sure that if he ever took up politics, it would be through the electoral process. While
      410 words
    • Article
      Chakrapong denies taking part in coup bid
      184 3  -  From Ho Kay Tat in KUALA LUMPUR PRINCE Norodom Chakrapong has denied any involvement in Sunday's coup attempt m Cambodia and has requested that Malaysia allow him to eontinue residing in the country. Malaysian Deputy Prime Minister Anwar Ibrahim said here yesterday. Mr
      184 words
    • NOTE BOOK
      • Article
        Lock icon Indonesia's US$815.5.sm trade surplus
        96 3 AFP JAKARIA Indonesia |>ostcd a trade surplus of U*****.5 million (SSI.2 billion) in April, the first month of the fiseal war, on exports of US$3.l billion and imports of USS2.3 billion. Information Minister Harmoko said yesterday. The eountry posted a USS7.S billion trade surplus during the
        AFP  -  96 words
      • Article
        Lock icon Japan investments in Philippines up
        59 3 AFP MANILA Japanese investments to the Philippines soared by 93 per cent annually to U5555.4 million from Januarv to Mav this year, reflecting a growing confidence in Manila's economic recovery. President Fidel Ramos said yesterday. Japanese investment in 1993 totalled U*****.7 million, making it the
        AFP  -  59 words
      • Article
        Lock icon Indon students plan hunger strike
        78 3 AFP JAKARTA Indonesian students plan to start a hunger strike today to protest against a government ban on three news weeklies. A spokesman tor the Indonesian Student Solidarity for Democracy said yesterday that demonstrators will set up a tent in front of the Indonesian Legal
        AFP  -  78 words
      • Article
        Lock icon Office block provokes ire of Viet press
        83 3 AFP HANOI AHo Chi Minh City newspaper yesterday stepped up a campaign to foree a developer to tear down five storeys of a new office block near the elegant City Hall following the intervention ot Prime Minister Vo Van Kiet. Mr Kiet weighed
        AFP  -  83 words
    • Article
      PAL sacks 180 workers for staging strike
      196 3  -  From Al Labita in MANILA PHILIPPINE Airlines (PAL) yesterday fired 180 employees who staged a strike on June 16. The move is likely to shatter a pact brokered by President Fidel Ramos following the strike. Union members told AFP they would meet to
      196 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Honda to set up China car venture
        99 4 AFP TOKYO Japan's Honda Motor Co Ltd has agreed to set up a ear manufaeturing venture in southern China with loeal carmaker Dongfeng Automotive Corp, a visiting Chinese official was quoted as saying yesterday. Kyodo News Service quoted the unidentified official as saying
        AFP  -  99 words
      • Article
        Lock icon China examines chaotic oil market
        98 4 AP BEIJING Trade officials are meeting to work out ways to bring order to China's chaotic crude oil and oil products markets, an official newspaper said yesterday. The meeting of the State Economic and Trade Commission and the State Administration for Industry and Commerce opened
        AP  -  98 words
      • Article
        Lock icon Gueriain to open Shanghai boutique
        66 4 AFP SHANGHAI France's oldest perfumer, Gueriain, is to strengthen its presence in China by opening its first boutique in this city of 13 million people, the company's Asia Pacific group chairman said yesterday. Philippe Gueriain pointed to the relatively sophisticated potential clientele in China's largest
        AFP  -  66 words
      • Article
        Lock icon Shanghai's emergency telecom system
        84 4 AFP SHANGHAI Shanghai is installing a new emergency telecom system which will allow the authorities greater control in dealing with natural and industrial disasters. Press reports said yesterday that the 800 MHz wireless telephone and paging system would be located in the government's Shanghai Emergency Communications
        AFP  -  84 words
      • Article
        Lock icon Chinese vice-minister visits Penang
        72 4 Bernama PENANG The People's Republic of China Vice-Minister of State Nationalises Affairs Commission Wen Jing yesterday called on Penang Chief Minister Koh Tsu Koon at his office here. He and four others, who arrived yesterday for a nine-day visit to Malaysia, will leave for Kuala Lumpur
        Bernama  -  72 words
    • Article
      Lock icon France wants to help build Taiwan's nuclear plant
      185 4 AFP TAIPEI France yesterday offered to cooperate with cashrich Taiwan in the construction of the island's USS6.4 billion (559.72 billion) nuclear power plant. "There are many areas the two countries can cooperate, and building the fourth nuclear power plant for Taiwan is
      AFP  -  185 words
    • Article
      Lock icon US easing restrictions on diplomatic ties with Taiwan
      391 4 LA Times WASHINGTON The Clinton administration is preparing policy changes that will give the government of Taiwan greater leeway in dealing with the United States than it has had for 15 years, administration officials say. The changes, which await final approval by
      LA Times  -  391 words
    • Article
      Lock icon Beijing bans child labour, promises minimum wage
      253 4 Reuter Bill JING China has outlawed labour b\ children under 16. set an ciglu-hour work day and promised a minimum wage in a new labour law published yesterday. The full text of the 13-part law was printed b\ the People'* Daily following its
      Reuter  -  253 words
    • Article, Illustration
      Lock icon Businessman's arms cache uncovered
      52 4 AFP HONGKONG A Hongkong Police Department official shoeing the 2.000 rounds of ammunition. 43 rifles and 24 pistols found in a Japanese businessman's office and his home on Tuesday, during a press conference yesterday. The businessman's identity has been withheld and he is currently in police
      AFP  -  52 words
    • Article
      New law to control sale of China's state assets
      363 4  -  By Schutz Lee SINGAPORE The Chinese government is to introduce a law to enable sales of state assets to foreign partners to speed up the upgrading of state enterprises. China Economic News says. The new law. when promulgated. will end unregulated
      363 words
    • Article, Illustration
      Lock icon Stanley Ho's company to build luxury flats in Kowloon
      166 4 Bloomberg Husincss News HONGKONG Shun Tak Holdings Ltd. which is headed by troubled Hongkong tycoon Stanley Ho. plans to develop a luxury residential estate in Kowloon. The 42.150-sq-ft Kowloon Tong site, on which sits 30 civil servant flats, will be developed
      Bloomberg Husincss News  -  166 words
    • Article
      AC Nielsen to buy giant HK market research firm
      246 4  -  By Juliette Walker SINGAPORE US-based market research giant AC Nielsen intends to buy Asia's largest market research firm. Survey Research Group of Hongkong, by the end of the month. Nielsen International's president and chief executive. Christos Cotsakos. said yesterday the alliance
      246 words
    • Article
      Lock icon Beijing passes urban real estate law
      213 4 Bloomberg Business News BEIJING China has passed its first urban real estate management law. laying down tougher standards for real estate transactions to curb speculation. The official China Securities newspaper yesterday reported that the law. passed on Tuesday by Parliament and effective on Jan
      Bloomberg Business News  -  213 words
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      771 4 f> KOREA FIRST BANK (Incorporated in Korea) Consolidated Balance Sheet Consolidated Income Statement 1993 1992 For the years ended December 31,1993 and 1992 Thousands of Thousands of 10<n IQQ9 Korean Won Korean Won .f*~. ASSETS Thousands ol Thousands of Cash and due from banks 3,295,269.356 3,374.787,988 dcucmiicc W n W0
      771 words
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  • REST OF ASIA
    • ASIA NOTES
      • Article, Illustration
        Lock icon Mukai's voyage of Discovery
        68 6 Reuter CAPE CANAVERAL Space shuttle Discovery astronaut Chiaki Mukai of Japan is seen here on arrival at the Kennedy Space Centre with other crew members on Tuesday. Mukai. a heart surgeon who will become Japan's first woman astronaut in orbit, and her six American all-male crew
        Reuter  -  68 words
      • Article
        Lock icon Murayama looking at Asean visit
        88 6 AFP TOKYO Japanese Prime Minister Tomiichi Murayama is considering visiting several member-countries of the Association of South-east Asian Nations (Asean) in mid-August, a Japanese daily said yesterday. Informal contacts are under way with the countries to arrange the visit, the Sankei newspaper said without quoting
        AFP  -  88 words
      • Article
        Lock icon US draws construction machine makers
        83 6 AFP TOKYO Japanese manufacturers of construction machinery are shifting more production from Japan to the United States to counter the adverse impact of the stronger yen. company officials said yesterday. A spokesman for Kobe Steel Ltd said his company planned to transfer production of hydraulic
        AFP  -  83 words
      • Article
        Lock icon Curb on S Korean groups' bank equities
        98 6 AFP SEOUL South Korean conglomerates will have to shed some of their bank equities under a government plan to improve bank ownership structure and autonomy, the Ministry of Finance said on Tuesday. The ministry has drawn up plans to halve the share ownership
        AFP  -  98 words
      • Article
        Lock icon French firms' China fraud squad
        51 6 AFP TOKYO An association representing 75 French luxury goods manufacturers is to open an office in Beijing this month in a bid to combat counterfeiting of their products. Group president Christian Blanckaert said he was sickened by the losses in trade caused by Chinese-made forgeries.
        AFP  -  51 words
    • Article
      Lock icon India's rate of export growth in April-May drops to single-digit level
      492 6 AFP NEW DELHI India's export growth rate dropped sharply to single-digit level in the first two months of the eurrent fiscal year, figures published here yesterday showed. But senior government officials said worries that an export boom was tapering
      AFP  -  492 words
    • Article, Illustration
      Lock icon South Korean semiconductor exports soar 60pc
      407 6 AFP SEOUL South Korean semiconductor exports have been soaring beyond all expectations. posting a whopping 60 per cent increase in overseas sales in the first half of this year. Analysts and company officials yesterday said the "big three" manufacturers Samsung. Hyundai and Goldstar exported
      AFP  -  407 words
    • Article
      Lock icon NZ MPs clash over crucial shipping Bill
      275 6 AFP WELLINGTON The New Zealand Parliament yesterday was engaged in an unusual voting marathon, sustained by World Cup soccer television coverage, as the government tried to get a controversial shipping deregulation Bill passed. The opposition Labour Party engaged in a variety of delaying
      AFP  -  275 words
    • Article
      Lock icon Australian business expects investment spending to rise
      221 6 Bloomberg Business News CANBERRA The Australian business sector expects to boost spending on investment by 2.5 per cent in the three months to Sep 30. according to a government survey of corporate expectations. The figure is lower than the June quarter forecast of
      Bloomberg Business News  -  221 words
    • Article
      Lock icon Pyongyang says Seoul spoiling mood ahead of North-South summit
      336 6 AFP SEOUL North Korea yesterday accused South Korea of faking an espionage case and spoiling the atmosphere for this month's first-ever summit between the two Koreas. The Secretariat of the Committee for the Peaceful Reunification of Fatherland in Pyongyang branded the
      AFP  -  336 words
    • Article
      Lock icon Sri Lankan govt urged not to raise rates to rein in inflation
      353 6 Reuter COLOMBO Economists and bankers have urged the Sri Lankan government not to raise interest rates as a means of controlling inflation, which is expected to soar in the next six months as two elections are fought. "The
      Reuter  -  353 words
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      222 6 nr] I THE UNIVERSITY OF HULL England 1927 Q"OVER 100 GMs, MOs, CEOs ALREADY IN THE PROGRAMME!" "ONE OF THE MOST ESTABLISHED IN SINGAPORE" IMBA E mm ONLY 8 PLACES LEFT! iTfffflll ■fcS First to offer TQM and a Systems Approach to Creative Problem Solving the management philosophy of the
      222 words
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      447 6 BUSINESS TIMES roi l. I RI-:i: ihl. No 1-SOO-741-iaß3 FAX 741-129e THE COMPANIES ACT (CAP. 50) BORACO TRADING (S) PTE LTD (MEMBERS' VOLUNTARY WINDING LP) At an Extraordinary General Meeting of the Membres of BORACO TRADING (S) PTE LTD duly convened and held al SB5 North Bridge Road #11-07 Blanco
      447 words
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      231 7 EXHIBITION Av HOTEL PROPERTIES LIAAITED DEVELOPMENT ('lortafto/i to a/i/ i/toestment opportunity i/i^o/u/<>/i. <—• —rxttn —•—> CHELSEA HARBOUR LONDON SW6 68 riverside apartments 999-year leasehold From 1000 sq. feet to 3400 sq. feet Membership to exclusive Harbour Club £195,000 to £1,000,000 8% projected yields SAILMAKERS COURT is a luxury riverside f
      231 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Risking life and limb for a better tomorrow
      133 8 AFP Reuter W INDW ARD PASSAGE, Haiti In the last 10 days more than 7.004) people hate tried to escape from Haiti since the I S signalled a policy shift on political asylum. On .Monday, I S oast Guard Cutter Hamilton intercepted
      AFP; Reuter  -  133 words
    • Article, Illustration
      Lock icon Clinton tells Baltic states he'll push for Russian troop pullout
      467 8 AP Bloomberg Business News Reuter RIGA. Latvia Emerging from a historic meeting with Baltic leaders struggling free of their Soviet legacy. President Bill Clinton yesterday promised to push Moscow "in a deliberate and firm way" to withdraw its last troops
      AP; Bloomberg Business News; Reuter; AFP  -  467 words
    • Article
      Lock icon Bill to expand US govt's home mortgage power
      231 8 Reuter WASHING lON President Clinton has signed a Bill expanding the Federal government's ability to underwrite home mortgage loans by more than USS93 billion (SSI42 million). the White House said. In a Bill-signing statement. Mr Clinton said the legislation was needed because
      Reuter  -  231 words
    • WORLD WATCH
      • Article
        Lock icon Japanese aid for South Africa
        63 8 AFP lOKYO Japan will extend its first official development assistance (ODA) to South Africa, directed mainly towards impoverished blacks living under harsh conditions. The Foreign Ministry yesterday said the aid package, which included USS3OO million (***** million) in ODA, was offered because it "highly values
        AFP  -  63 words
      • Article
        Lock icon Waiting period for Nafta
        57 8 Router BRIDCiF I OWN. Barbados Officials of the 13-member Caribbean Community (Caricom) yesterday said the region might have to wait three years until member-states could join the North American free Irade Agreement. I lie issue was being examined by Caricom heads of government meeting here for
        Router  -  57 words
      • Article
        Lock icon Mandela's peace mission
        58 8 Reuter JOIIANNfSBIJRCi South African President Nelson Mandela embarks today on his first major peace mission since taking office, bringing together southern African leaders in a bid to help end Angola's civil war. Foreign ministry officials yesterday said Mr Mandela would be joined in the Pretoria talks by
        Reuter  -  58 words
      • Article
        Lock icon A capital move by Kazakhstan
        64 8 Reuter MOSCOW Kazakhstan's Parliament yesterday decided to move the capital of the ex-Soviet republic l,(X)6km north to escape the threat of earthquakes and bring it closer to Russia. Russia's Interfax news agency said the Kazakhstan Parliament voted after heated debate that the city of Akmola.
        Reuter  -  64 words
    • Article
      Lock icon German coalition parties want to trim armed forces
      240 8 Reuter BONN Defence experts from Bonn's ruling coalition parties agreed yesterday to cut the countrv's armed forces to 340.000 from a 370.000-strong level originally agreed for united Germany's military. Military specialists from Chancellor Helmut Kohl's three-party government also agreed to reduce mandatory
      Reuter  -  240 words
    • Article, Illustration
      Lock icon Answers wanted on S Africa minister's resignation
      565 8 Reuter AP JOHANNE SBURG A puzzled nation sought answers yesterday for the surprise resignation of Finance Minister Derek Keys, a key figure in President Neison Mandela's unity government. Share prices dropped in early trading on the Johannesburg Stock Exchange the morning after Mr
      Reuter; AP  -  565 words
    • Article
      Market for PC-telephone links to boom: Dataquest
      456 8  -  By Juliette Walker SINGAPORL I he market for computer-based applications that integrate telephones and computers is set to skyrocket over the next five years. Dataquest says in a recent report. In North America, sales of computer telephony integration (CTI) applications are expected to
      456 words
    • Article
      Lock icon Britain, France, Italy to build warships together
      196 8 AFP PARIS Britain. France and Italy will sign an accord next week to huild a warship, launching the construction phase of a multi-billion-dollar naval cooperation programme. French defence ministry sources said yesterday. The ship, an anti-aircraft frigate, will be called Horizon and is
      AFP  -  196 words
    • Article
      Lock icon Israeli, PLO leaders bound for peace talks
      246 8 Reuter PARIS The leaders of Israel and the Palestine Liberation Organisation travelled to Paris yesterday to try to agree on the next stage of Palestinian self-rule and to receive a United Nations prize honouring their giant step towards Middle Fast peace. PLO chairman
      Reuter  -  246 words
    • Article
      Lock icon Former Italian PM Andreotti accused of being Mafia member
      288 8 Reuter ROML Prosecutors have for the first time accused former prime minister Giulio Andreotti of being a full-Hedged member of the Mafia. Italian media yesterday reported that the prosecutors, who wanted Mr Andreotti put on trial over accusations that he protected
      Reuter  -  288 words
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  • SPORTS
    • Article, Illustration
      Lock icon 7 of 8 quarter-finalists are European
      584 9 World Cup finals AP NEW YORK Europe 7, South America 1. That's a World Cup scoreline that will reduce Argentina. Colombia and Mexico to tears. It will disappoint Nigeria and Cameroon, while the Saudi Arabians always will remember how close they got to breaking
      AP  -  584 words
    • Article, Illustration
      Lock icon Soccer shows its true colours
      608 9  -  Dave Anderson is struck by the spectrum of loyalty displayed at the Mexico-Bulgaria game Dave Anderson NYT EAST RUTHERFORD. New Jersey They were wearing all forms and all shades of green, white and red. Large Hags were wrapped like a serape around their shoulders. Small
      NYT; Reuter  -  608 words
    • Article
      Given time, tennis stars from Asia will emerge
      546 9  -  From Michael Karem in LONDON "IT IS only a matter of time before major Asian tennis players emerge." says Doug Mac Curdy, and he should know. He is director of development for the International Tennis Federation (ITF), the nearest thing to a
      546 words
    • Article, Illustration
      Lock icon At long last, Baggio
      744 9  -  George Vecsey pays tribute to the wet rabbit who scampered to Italy's rescue George Vecsey NYT FOX BOKO. Massachusetts You could say Roberto Baggio was not having a wonderful World Cup. In the first 359 minutes of this tournament, the best soccer player in the world
      NYT  -  744 words
    • Article
      Miscarriages of justice?
      704 9  -  By Shahiron Sahari SINGAPORE Martin Tyler, commentating on SBC 12 during the Mexico-Bulgaria second round match yesterday, possibly hit the nail on the head when he said: "Clearly, it would he worth a lot more to the World Cup in financial terms if Mexico did win this
      704 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon World Cup
        88 9 Reuter 1)1 BI.IN Dublin's on-off homecoming for defeated Irish \V orld Cup heroes got an official green light yesterday after the government intervened to rescue the partv of the year. Government sources said Prime Minister Albert Reynolds would be at Dublin airport early today to welcome home about
        Reuter  -  88 words
      • Article, Illustration
        Baseball
        81 9 NhW \ORk Major I camic on Tuesday Vincrican: Detroit ft Chicago 2 (Ist game): Detroit 4 Chicago ft (2nd): Baltimore 5 Seattle 2. NN 7 Oakland X: Boston 3 California 10: Kansas C ity 10 Milwaukee 5. Minnesota 3 Toronto 14: Texas 4 leveland 3. National: H\ 4 SI
        81 words
      • Article, Illustration
        Lock icon Boxing
        90 9 Reuter (Oi l MBI S. Ohio Former world heavyweight ehampion James "Busier*" Douglas reportedly was in a diabetic eoma in a Columbia hospital on Tuesday. Columhus television station WBNS quoted a relative of Douglas as saying the 34-year-old former champion was in poor condition at Grant Medical Centre. The
        Reuter  -  90 words
      • Article, Illustration
        Lock icon Cricket
        58 9 Reuter MWCHKSIKK Ingland emerged from their final test match against New /ealand on Tuesday with a series win. hut captain Mike Atherton warned his team their next opponents. South Africa, would offer a stiffer challenge. "South Africa will be stronger and a better all-round side." Atherton told reporters after
        Reuter  -  58 words
      • Article, Illustration
        Lock icon Golf
        110 9 AP GI.KNKAGI.KS, Scotland John Daly reinforced his reputation on Tuesday as the biggest hitter in golf. Playing in the pro-am for the Scottish Open. Dal> hit a tee shot measured at 388 metres. The huge drive came on the (480 m 18th hole. AP PON I K KI)KA BKACH.
        AP  -  110 words
      • Article, Illustration
        Lock icon Rugby
        74 9 AP 1)1 NKDIN. New Zealand South African selectors stuck with an established backline. but named a revamped forward pack for Sat- urday's first test against New Zealand at Carisbrook. The backline is the same as that which defeated England 27-9 in the second test at New lands. C ape
        AP  -  74 words
      • Article, Illustration
        Lock icon Sumo Wrestling
        125 9 Reuter IOkYO The Japan Sumo Association said yesterday that, because of health fears, it would no longer accept aspirant wrestlers who artificially boosted their height with silicone scalp implants. An association spokeswoman said the action was prompted by a case in which a teenager underwent four such implants
        Reuter  -  125 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      897 10 \&bM Nothing Bests A Bud- HHfflfl where to wine, dine and entertain .MM FRESffI .PASTA te)AI LY. I W From Pasta Fresca. The only restaurant to make its own specialty pasta. Fresh, everyday. Savour perfect pizza, great gelati and terrific tiramisu. All topped with Italian hospitality. Posta Fresco Do Solvatore
      897 words
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      Page 10 Advertisements Column 2
      413 10 lirllOTJgllo Ij/llOllgll'Enough is enough. 35 appetisers, 20 desserts plus 4 main courses. 'When our guests start on the appetiser spread at our monthly international lunch buffet, they neverfinish. In Jact, they always end up conceding that they ve had more than enough. Come try it to believe. |QO 'Jor resewations,
      413 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Poles apart
      981 11 Director Lina Wertmullers latest film pits Italy's disciplined north against the unruly south NYT Despite a Teu-tonic-sounding Swiss name. Lina Wertmuller has an unquenchable passion for the irrepressible south of Italy. So it is not surprising that her latest film to reach American shores would probe the differences
      NYT  -  981 words
    • Article
      The art of age
      460 11 Kang Shi Xue reviews an exhibition. Paintings of China's Teochew Elders, which ended recently When an old tree blossom s, not a single branch is flawed. THIS old Chinese expression refers to the general belief that true skill comes from age and experience. After last weekend's
      460 words
    • Article, Illustration
      Lock icon Pulp Fiction in reel life
      449 11 CHATTERBOX NYT AP UPI LPI PL'LP FICTION, the film that won the top prize, the Palme d'Or. at this year's Cannes International Film Festival, will open the 32nd New York Film Festival on Sep 23 at Lincoln Center. The festival will run through Oct 9.
      NYT; AP; UPI; LPI  -  449 words
    • Article, Illustration
      Lock icon Piles of work to do
      88 11 AFP BUCIIARKSI A Romanian woman hard at work at a knotting frame in a car pit factory in Galati. 250 km cast of Bucharest. Sonic 1.000 women work in a cooperative for a monthly pay of 45.000 lei (about Ss4l). While Romania is a leading
      AFP  -  88 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1362 11 TV RADIO Sweet and Short, 8.30pm, Leon Schuster stars mT South African comedv about a down-and-out newscaster who I J teams up with a little bo> to p get hack into the big time. Haunted Lives, 12 midnight, c 5 »xir y ..JW Leonard Nimoy hosts this se- L y
      1,362 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Crystal-clear research could lead to new high-tech industry
      668 12  -  Local scientists have created the world s purest crystal. Jennifer Lien looks at its commercial significance Jennifer Lien ArWO-YEAR-OLD research project on optical crystals at the National University of Singapore has yielded results that might mean the creation of another high-tech industry
      668 words
    • Article, Illustration
      Lock icon An electronic Christmas
      382 12  -  Stephen Manes reveals how he survived the Chicago Summer Consumer Electronics Show Stephen Manes NYT I HAVE seen the exercise bicycle that connects to a video game, the calculator that walks like a spokesmodel and the interactive multimedia story book based on the novelisation of the movie
      NYT  -  382 words
    • Article
      Lock icon Biotech wizards use live tissue to make human spare parts
      413 12 Washington Post IMAGINE taking cells from a person's ear to grow cartilage for use in knee repair. Or taking the discarded foreskin of a circumcised infant to grow enormous sheets of skin for burn victims. These and similar techniques are
      Washington Post  -  413 words
    • Article
      Telecom's new paging system can upgrade to voice
      289 12 THL paging equipment that Singapore Telecom lias just ordered from Motorola will enable it to send blocks of data, not just numbers. to pagers. And that is onl> the start. I'he new equipment uses an advanced high-speed protocol called Hex which, with
      289 words
    • Article, Illustration
      Lock icon US electric firms eye role on the information highway
      757 12 NYT EVEN as US cable television and telephone companies clamour to provide the main information pipeline into \merican households. another industry is quietly looking for an opening. Electric companies, which already have wires running to virtually every home, are devising ways
      NYT  -  757 words
    • IN TAKES
      • Article, Illustration
        State-of-the-art mixing consoles
        69 12 SINGAPORE Music professionals and audiophiles may want to check out three state-of-the-art mixing consoles being shown for the first time locally at the Pro Audio Light Asia '94 exhibition, at the World Trade Centre until tomorrow. The consoles, from British firm Soundtracs. include the Topaz (above), a
        69 words
      • Article
        Course on designing for safety
        55 12 SINGAPORE; English R&D organisation Era Technology is holding a two-day course. Design for Safety Course Commercial Electronic Products, at York Hotel on July 13 and 14. The course for designers and managers is particularly useful to companies manufacturing for the European market. Eor more details
        55 words
      • Article
        Lock icon China launches research satellite
        63 12 Bloomberg Business News HONGKONG China yesterday launched a satellite that will be used for conducting plant, animal and industrial tests, the official Chum Daily reported. The satellite will remain in space for two weeks to survey the earth's surface and earn out on-board tests on animal
        Bloomberg Business News  -  63 words
      • Article
        Lock icon Enzo develops new DNA-based test
        72 12 Bloomberg Business News FARMINGDALE. New York Enzo Biochem Inc on Tuesday said scientists at its Enzo Diagnostics Inc unit have developed a DNA-based lest that "vastly improves" on tests for identifying the hepatitis B virus, which is transmitted through blood transfusion. It said the test
        Bloomberg Business News  -  72 words
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  • THE LAW PAGE
    • Article, Illustration
      Lock icon New Yorkers take on Washington law firm
      1049 13  -  Todd S Purdum examines the issue of contingency-fee lobbying in the US Todd S Purdum NYT IN THE world of law. few things draw so many sniffs as the contingency fee. with its enduring image of the advocate in hot pursuit of the
      NYT  -  1,049 words
    • Article, Illustration
      Old and new civil procedure rules in a single work
      542 13  -  Ramesh Divyanathan reviews a book which examines the rules of court procedure Ramesh Divyanathan Jl IXilN(i b\ the unfamiliarit> some lawyers displa\ in court, quite a few could do with a copy of Jeffrey Pinslers hook Civil PriKviJurc. In his
      542 words
    • Article
      Law firm Colin Ng & Engelin to stay intact
      424 13  - Law firm Colin Ng Engelin to stay intact AT THE BAR By Ramcsh Divyanathan Rumours last week that the partners in the firm of Colin Ng Kngelin formerly known as Colin Ng Partners will split up. are not true. lawyer in the firm said there will he no break-up and
      424 words
    • Article
      Apology
      98 13 IN I HL .1/ the Heir column last week by Conrad Raj. in the item headlined "Charlie's Angels, minus the male boss", we reported that three lawyers had left Allen Gledhill to set up their own firm. Parts of the article may have created the wrong impression that the
      98 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      91 13 j| Show you Ho^Your^ W orKs For Y° 0 jj i 1 5 acres to 1 O acres f j! Apartments from 7 j |fro"> *«5,°00 per acre, .j A 5220.000 ud. A 5135,00- Ik *25 minutes to |i p jf Visit us at Westin Plaza, Level 4, Wilberforce Room
      91 words
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      Page 13 Advertisements Column 2
      778 13 BANQUE INTERNATIONALE BlUll A LUXEMBOURG WW/ Head Office: 69 route d'Esch, 1-1470 Luxembourg Singapore Branch: 105 Cecil Street #10-01 04 The Octagon. Singapore 0106 Balance Sheet Profit and Loss Account As at December 31,1993 For the year ended December 31,1993 1993 1993 Assets million LUF million LUF Cash balances with
      778 words
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  • Article
    Yasser Arafat returns to Jericho
    502 14 EDITORIAL YASSER Arafat set foot on the West Bank of the Jordan River for the first time in 27 years on Tuesday, entering Jericho to be sworn in as the head of a new Palestine National Authority that will administer the town and the Ga/a
    502 words
  • WHAT THE OTHERS SAY
    • Article
      A victory for Patten?
      314 14 THERE WAS a historical irony at work in last week's Hongkong vote. No, this was neither that Governor Chris Patten's pro-democracy reforms were passed, nor that they succeeded because an amendment was defeated by the narrowest of margins, 29 votes to 28. The real irony was
      314 words
    • Article
      Defining the right dream
      140 14 THE RECENT Youth Day celebration saw Prime Minister Goh Chok Tong presenting his salutary message to Singapore youth, many of whom extol the values that their nation is proud of. Mr Goh has posed a challenge to the nation's youth: define your future mission. While the
      140 words
    • Article
      Weighty matters for the G-7
      182 14 PROSPECTS for this weekend's G-7 summit appear better this year because the US economy is recovering and Japan's recession seems to be bottoming out. However, though economies are recovering, unemployment remains a serious problem in many countries in the West. This is indeed a sign
      182 words
    • Article
      A sinecure for politicians
      135 14 MANY PEOPLE must be thinking that politicians are getting sweet deals after all. In a disclosure of the assets of the Diet members the second of its kind it has been revealed that many Diet members have been getting "adviser fees" from business corporations. There is
      135 words
    • Article
      No special treatment
      137 14 AS financial and criminal regulatory agencies consider the implications of investigating accountant John Lees' report into the Tomson Pacific purchase of a controlling stake in the World Trade Centre Group (WTCG), they cannot fail to be aware of the number of wealthy and influential personalities, companies and
      137 words
    • Article
      Deal with Aids rationally
      148 14 WE should all take heed of the information revealed by public health expert Ascobat Gani at a seminar in Jakarta over the weekend. Addressing the seminar held under the ongoing Australia Today "94 programme. Gani said that a possible upsurge of Acquired Immune Deficiency Syndrome (Aids)
      148 words
  • Article, Illustration
    Murayama kills two birds with one stone
    1105 14  -  Anthony Rowley says the new government's postponement of a decision to raise the Japanese consumption tax will pay off both at home and abroad Anthony Rowley The writer is BT's Tokyo Correspondent BY DEFERRING any decision on increasing the nation's unpopular consumption tax
    1,105 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      428 14 Building on the success of the "BEST IRON OF JHL/ ':J YEAR", PING M 1 ------lakers of the! Mm! Best lion Of The Year.7 Eg Hum omnia B'W j greater satisfaction! ping zmm2 NEW NEW v y\UlaZftxtGi2 PINE ZlrJfEi 2 X METAL WOODS* IRONS* 4 Colour Codes 8 Custom Fitted
      428 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      82 14 I \-pry NOT SUGGS-STiWG NOU Pvße I UJWe.NI D'D If \fcu DON T POIND MISS SG-P(T 6>j I i P> < SUNMRN, \'D YOU 6^R&eJR y—' sp,T M u» r^srr, n Mg? C ASSOCIATED NEWSPAPERS LTO IMMM4 DOONESBURY GARRY TRUDEAU -tuat* AS, TASTB. FUNNY MR. SANDEFUR., PC£5 ITZVER. £RM. IFNICOT/NE
      82 words
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  • ANALYSIS
    • Article, Illustration
      Surprisingly strong business cheers US industry
      1508 15  -  Jarnes E Ellis, Christopher Farrell and Suzanne Woolley report healthy growth in diverse industries from semiconductors to steel to autos, despite the Fed's interest rate hikes and market jitters over the resurgence of inflation Jarnes E Ellis, Christopher Farrell and Suzanne Woolley AS A
      1,508 words
    • Article
      Lock icon The UK's pressing need to tackle low pay and unemployment
      1382 15  -  Samuel Brittan says the twin issues are bigger problems than the growth rate Samuel Brittan FT THE golden rule for economic forecasters is: forecast what has already happened and stay at the cautious end. The British Treasury's summer economic forecast
      FT  -  1,382 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      66 15 goes on a house hunt How much are private properties going for? Should you buy now, or later? House Hunt gives you the actual transacted prices of all private property sold in Singapore each month. From that, you'll have a clear view of the market. MM 111 l And a
      66 words
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  • COMPANIES & MARKETS
    • Article
      Kuok tie-up offers MUI route into Philippine properties
      564 17  -  From Ho Kay Tat and Al Labita in MANILA MALAYAN United Industries wants to get into the Philippine property market through a tie-up with Hong-kong-based tycoon Robert Kuok. MUI, through wholly owned subsidiary Ascada Sdn Bhd, has struck a deal with listed
      564 words
    • Article, Illustration
      Lock icon Eng Wah IPO shares tipped at 50-70 cents
      320 17  -  By Ven Sreenivasan SINGAPORE Cinema operator and film distributor Eng Wah Organisation is launching its initial public offer (IPO) today. The shares, which will be listed on the main board of the exchange, are expected to be priced at between 50 and
      Photo by Arthur Lee  -  320 words
    • Article
      YHS shares fall 6pc as speculators' takeover hopes dim
      173 17 SINGAPORE Yeo Hiap Seng shares fell 6 per cent yesterday as hopes of a takeover by property magnate Ng Teng Fong seemed to fade. The shares lost 24 cents to $3.64 on volume of 383,000. Analysts said speculators with little interest
      173 words
    • Article
      Is the time ripe to pick up Indian stocks?
      798 17  -  HOCK LOCK SIEW By Shiv Taneja SINGAPORE Before the end of this year, the small Singapore investor will be able to invest in Indian equities. One, maybe two, Singapore-based asset management companies are expected to launch trust funds investing in the
      798 words
    • Article, Illustration
      Stake in China garment maker key to Heshe's future
      436 17  -  By Joyce Quek SINGAPORE Heshc Holdings' irrepressible chairman Chia Shi Teck yesterday painted an optimistic picture of the company's future after explaining and taking responsibility for its losses. To a room packed with analysts, bankers and reporters. Mr Chia introduced his
      436 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        43 17 Mixed 'Market Wmki indicates the likely trading sentiment unlay, based i>n brokers polled at 5-6pm yesterday Overnight events may alter sentiment brokers pulled: Alliance. Barings. Dam a. Fraser. Morgan Orentell. Ongi 'o. Somitra. Philip. Smith Sen Court, and SO Vl arbnrg
        43 words
      • Article, Illustration
        HOT STOCK
        124 17  -  Quak Hiang Whai The 24-cent drop in the price of Yeo Hiap Seng Ltd yesterday sent all its daily indicators into the heavily oversold region. The daily stochastic indicator has reached zero and daily RSI below 25. The directional indicator MACD also shows limited downside from here. But
        124 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Sincere Watch sets up German unit
          47 18 SINGAPORE Sesdaq-listed Sincere Watch has entered the European market by setting up a German subsidiary. Ihe new unit. Sincere Watch Beteiligungs, will enter into a joint venture agreement with German parties to distribute Franck Muller watches in Germany, Austria and Holland.
          47 words
        • Article
          Orchard Parade loans oversubscribed
          52 18 SINGAPORE Orchard Parade Holdings has received acceptances and excess applications for a principal amount ol $65.75 million of loan stock with warrants attached. This represents 100.7 per cent of the total principal amount of loan stock with warrants oflered under the hotel and property group s
          52 words
        • Article
          Lock icon MIDF group net profit down 0.4pc
          112 18 Bloomberg Business News KUALA LUMPUR Malaysian Industrial Development Finance Bhd reported a 0.4 per cent decline in group net profit to M 555.9 million (5532.6 million) for the year ended March 31. The group said profits in the company and in two subsidiaries. Oriental
          Bloomberg Business News  -  112 words
        • Article
          Lock icon Long Huat to divest stake in Nianli
          102 18 Bernama KUALA LUMPUR Long Huat Group Bhd proposes to sell its entire 65 per cent stake in Nianli Wood Products Sdn Bhd to Sepang Heights Sdn Bhd for M 56.5 million cash. The company said yesterday the sale of its entire 65 per
          Bernama  -  102 words
        • Article
          Lock icon MAS raising funds for Airbus deal
          110 18 AFP SINGAPORE Malaysian Airline System Bhd has given a mandate to three European banks, among them Banque Nationale de Paris (BNP), under an export credit deal to finance the purchase of five Airbus A-330 aircraft. BNP said yesterday. An official of the French bank
          AFP  -  110 words
        • Article
          Lock icon Dr Pepper ties up with Manila firm
          81 18 AFP MANILA The Philippines' third largest soft drink firm. Cosmos Bottling Corp, will tie up with US firm Dr Pepper in a move to increase its share of the local market dominated by Coke and Pepsi, a company official said yesterday. Cosmos executive
          AFP  -  81 words
        • Article
          Lock icon Thailand advised to sell bus firm
          87 18 Bloomberg Business News BANGKOK A Thai investment bank recommended the government sell to the public part of its Transport Co Ltd, an operator of bus lines, according to a report by the newspaper The Nation. Finance One pic said the government should sell 25-40
          Bloomberg Business News  -  87 words
      • Article
        Singmarine wins $17m contract from Thai Oil
        181 18 SINGAPORE Singmarine Dockyard Engineering has clinched a SI7 million contract to design and build a second liquefied petroleum gas carrier for Thai Oil Company. The company said yesterday that the vessel, to be named Thaioil 5, is scheduled to be delivered in the
        181 words
      • Article
        Rothmans to set up factory operations in Myanmar, Vietnam
        215 18 SINGAPORE Tobacco firm Rothmans Industries of Singapore has set its sights on Indochina and Myanmar to propel future growth. And the company is setting up manufacturing operations in the two areas to overcome strict import regulations and boost the competitiveness of
        215 words
      • Article
        Lock icon Worldwide Holdings forecasts M$10m 1994 pre-tax profit
        249 18 Bernama KUALA LUMPUR Worldwide Holdings Bhd. the property group which has made a cash call, forecasts a consolidated pre-tax profit of MS 10 million for the vear ending Dec 31, 1994. Worldwide said the pre-tax profit forecast before the proposals and after the
        Bernama  -  249 words
      • Article
        Lock icon NZ's Iddison plans public listing to raise NZ$7.5m to invest in Vietnam
        247 18 Bloomberg Business News HANOI Iddison Group Vietnam Ltd. a company that invests in Vietnam, will sell stock to the public on the New Zealand Stock Exchange to raise NZ$7.5 million (SS6.B million). Wellington-based Iddison said in a prospectus
        Bloomberg Business News  -  247 words
      • Article
        KLSE cash calls in first half top whole of last year by 16pc
        574 18  -  From William Chia in JAKARTA CASH CALLS on the Kuala Lumpur Stock Exchange in the first half of this year hit a staggering M 55.26 billion (553.05 billion), 16 per cent higher than the M 54.53 billion
        574 words
      • Article, Illustration
        Lock icon Ramos meets Mitsubishi chief
        39 18 AFP MANILA President Fidel Ramos (left) greeting Dr Hirokazo Nakamura, president of Mitsubishi Motors Corp of Japan, yesterday while First Lady Amelita Ramos looked on. Mr Nakamura visited the Ramoses at the Malacanang Palace. AFP
        AFP  -  39 words
      • Article
        Lock icon San Miguel and Nestle's joint venture in 1.1b-peso expansion
        165 18 AFP MANILA Nestle SA and San Miguel Corp yesterday announced a three-year. 1.1-billion-peso (5561.5 million) expansion of their dairy partnership. Magnolia Nestle Corp. amid inroads by upstart firms in the Philippines' ice-cream market. They said Magnolia will expand and modernise its
        AFP  -  165 words
      • Article
        Lock icon UMW to make Dennis range of buses, coaches in Malaysia
        213 18 Bernama KUALA LUMPUR UMW Holdings Bhd has concluded a joint-venture agreement with Specialist Vehicles Ltd of Dennis Way. England, to manufacture the Dennis range of buses and coaches in Malaysia. A UMW statement yesterday said the joint venture by its
        Bernama  -  213 words
      • Article
        Sesdaq debutante York Pacific wins $3.5 m Chinese contract
        159 18 SINGAPORE Trailer components maker York Pacific, which launched its shares on Sesdaq last week, has won a contract to supply axles worth 53.5 million to China. The company will supply 3.000 York square beam axles to Shunde Guang Lian Hong Communication
        159 words
      • Article
        Lock icon Ayala food arm plans rights issue to raise 300 m pesos
        147 18 AFP MANILA Pure Foods Corp. the food arm of the real estatebased Ayala Corp conglomerate. has sought appro\al to raise 300 million pesos (SSI6.SX million) through a stock rights offering to retire debt. Ihe company said in papers submitted
        AFP  -  147 words
      • Article
        Lock icon Utusan Melayu outlines plans to raise revenue
        319 18 MBT KUALA LUMPUR Utusan Melayu (Malaysia) Bhd has outlined several business expansion plans which are expected to increase its revenue, especially from advertising. And with its forthcoming listing on the Kuala Lumpur Stock Exchange main hoard, the group is well-placed to transform itself
        MBT  -  319 words
      • Article
        Untitled
        1454 18 Managers' priccs Jul 7 (JMB Invest Mgt Ltd Singapore Unrt Trust lo\ The Commerce 159 1.68 United Gr Fund 163 169 The Saving-. Fund I 50 I 59 United Asia Fund 1.57 I 67. S'pore Prog Fund 0 68 0.72 s pore sec Fund i oi 107 UOB Life Assurance
        1,454 words
      • Article
        Lock icon Alcoa and Western Mining to merge into A$7.5b group
        320 19 Reuter MI LBOURM- I wo of the world's largest aluminium producers yesterday announced a merger of their alumina, alumi-na-based chemicals and bauxite operations into a group worth about A 57.5 billion (SSX.3 billion). Aluminium Co of America (Alcoa) and Western Mining
        Reuter  -  320 words
      • Article, Illustration
        Lock icon Lufthansa posts first interim profit in 5 years
        377 19 Bloomberg Business News BERLIN Cost-cutting and increased business travel helped German national carrier Lufthansa AG report its first six-month pre-tax profit in five years, the airline said. Lufthansa AG. the parent company, said first-half pre-tax earnings were 100 million Deutschemarks (5596.2 million)
        Bloomberg Business News  -  377 words
      • Article
        French industrial giant Alcatel defends chairman
        143 19 SINGAPORE French industrial giant Alcatcl Alsthom defended its chairman and chief operating officer Pierre Suard who is under probe for alleged fraud, corruption and misuse of public funds in Paris. in a letter faxed to the Husincss limes yesterday. The maker of nuclear power
        143 words
      • Article
        Lock icon Shenzhen Real Estate poised to launch ADRs in US market
        249 19 Bloomberg Business News HONGKONG Shenzhen Special Economic /one Real Estate and Properties has completed preparations to offer American Depositary Receipts (ADRs) in the United States. China's Securities lime\ newspaper reported yesterday. The ADRs will be offered on the company's 100
        Bloomberg Business News  -  249 words
      • Article
        Lock icon Fujitsu seals cross-licensing pact with Cray
        209 19 AFP TOKYO Japan's Fujitsu Ftd and Cray Research Inc of the United States announced yesterday a cross-licensing agreement covering patents for each other's supercomputers and mainframes. "Under the agreement, each company is free to pursue future computer designs without fear of patent infringement claims
        AFP  -  209 words
      • Article
        Shanghai B index to hit 90 by year-end: DBS Sec
        392 19  -  By Teh Hooi Ling SINGAPORE The Shanghai B Index is likely to rise to 90 by the end of 1994 from 66 at present, says DBS Securities in its latest report on the China market. And the index has the
        392 words
      • Article
        Amcor to build A$18m packaging plant in Beijing
        353 19  -  By Peter Osborne SINC. \POKI \ustralian paper and packaging giant Amcor plans to build an \SIX million (SS2O million) flexible packaging plant in Beijing. The move is part of a \S2SO million expansion into the Asian region o\cr the next three years
        353 words
      • COMPANY BRIEFS
        • Article
          Lock icon News Corp is buyer of Fairfax stake
          82 19 Bloomberg Business News SYDNLN (ik)hal media giant News Corp disclosed it was the purchaser of" a 1.7 per cent stake in rival \nstralian newspaper group John I airfax Moldings l td in mid-June. News said it purchased 12 million ordinary -.hares as a
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Japan Tobacco to be listed
          48 19 Bloomberg Business News lOKYO Shares of Japan lobacco Inc will he listed on Japan's eieht stock exchanges in late October, the Japanese Lma nee Ministry said. state monopoly, the company lias an 80 per cent share of Japan's cigarette market. Bloomberg Business News
          Bloomberg Business News  -  48 words
        • Article
          Lock icon Bitter tax pill for medicine maker
          54 19 Bloomberg Business News lOKYO I sunuira and Co. Japan's largest maker of traditional Chinese medicine, lias been charged 4<X> million yen (SS6.I million) in tax penalties for tailing to report roughly 1 billion yen m income between March. 1990 and March. 1993. Jiji Press
          Bloomberg Business News  -  54 words
        • Article
          Lock icon Amway targets China market
          61 19 Reuter S\ DNIA \mvvay Asia Pacific Ltd has announced its expansion plans in China to include the southern coastal province of Luiian along with (iuangdong. More warehouse space and product pick-up centres will be leased in the two provinces to carry out distribution once sales start
          Reuter  -  61 words
        • Article
          Lock icon Banks suspend Grandy business
          46 19 Reuter TOKYO Hanks suspended transactions of Japanese real estate company (irandy Corp yesterday after it failed twice to honour promissory notes, credit research company leikoku Databank l td said. Debts of the unlisted (irand> total around 104 billion \en. it said. Router
          Reuter  -  46 words
        • Article
          Lock icon Marks and Spencer sells Canada unit
          66 19 AP rORON rO Marks and Spencer Canada is soiling the manufacturing division of its D Allaird's stores six weeks after the chairman of the British retailor panned Canada, saving "it is not possible to make mone> there". Marks and Spencer said a conditional agreement
          AP  -  66 words
      • Article
        Lock icon China's Luoyang Glass shares expected to fall in HK debut
        549 19 Reuter HONGKONG The first of China's second hatch of cornpanics to join the Hongkong stock market is pegged to set an inauspicious precedent at its market debut tomorrow. Shares in Luoyang Glass Co. one of 22 firms Beijing approved for
        Reuter  -  549 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Filipino-Indon consortium to build US$2.2b oil refinery
        362 20 AFP MANILA The government will allow a Filipino-Indone-sian consortium to build a US$2.2 billion (553.3 billion) oil refinery in southern Philippines exclusively for export to the Asia Pacific. Zcnaida Monsada, chief of the Department of Energy's resources supply administration division, said yesterday that
        AFP  -  362 words
      • Article
        Lock icon Chicago trade board seeks mutual offset accords
        300 20 Knight-Ridder CHICAGO The Chicago Board of Trade is seeking agreements to offset contracts at other worldwide exchanges before expanding its foreign debt futures complex. CBT officials said on Tuesday. "To build up a foreign debt complex, some sort of mutual offset should be
        Knight-Ridder  -  300 words
      • SMALL CHANGE
        • Article
          Lock icon Tokyo banks dump 65.2b yen in stocks
          98 20 AFP TOKYO Japan's leading banks became net sellers of stocks for the first time ever last year with sales reaching 65.2 billion yen (***** million), according to a Nomura Research Institute survey published yesterday. The survey, published by the AHum Kcizai Shimbun. said
          AFP  -  98 words
        • Article
          Lock icon Taiwanese banks, trusts cut rates
          72 20 Bloomberg Business News TAIPEI Four Taiwan banks and two trusts yesterday lowered their prime lending rates, the Economic Daily News reported yesterday. They reduced rates by a range of 0.01 to 0.25 percentage point. They are Hua Nan Commercial Bank, the Central Trust of China,
          Bloomberg Business News  -  72 words
        • Article
          Lock icon Taipei bank buys into Westpac branch
          87 20 AFP TAIPEI The Taipei-based Bank SinoPac has purchased part of the now-closed Taipei branch of Australia's Westpac Banking Corp for NTSI.B billion (SSIO3 million). SinoPac officials said yesterday. SinoPac, 15 percent owned by the ruling Kuomintang. struck the deal with Westpac in late June
          AFP  -  87 words
        • Article
          Lock icon First Interstate unit to buy N Texas
          71 20 Reuter HOUSTON Eirst Interstate Bank of Texas NA. a unit of Eirst Interstate Bancorp, said on Tuesday it had signed a definitive agreement to acquire North Texas Bancshares Inc for US$66 million (Ss99 million), or about U5543.13 per share. North Texas' principal subsidiary.
          Reuter  -  71 words
      • Article, Illustration
        Lock icon Hanoi's sidewalk money changers
        53 20 Reuter lIANOI Signs of capitalism are becoming more evident in Vietnam's big cities. Seen here are two "money changers" waiting for clients along a Hanoi sidewalk yesterday. I lie number of enterprising Vietnamese is increasing rapidly as the country moves from a centrally-planned economy to a
        Reuter  -  53 words
      • Article
        Lock icon Leading Lloyd's insurance dissident admits bankruptcy
        399 20 FT LONDON A leading campaigner for dissident members of the Lloyd's of London insurance market yesterday said he had been driven into bankruptcy. Christopher Stockwell. the outspoken chairman of the Lloyd's Names Associations Working Party, was served with a petition for nearly £2.9 million
        FT  -  399 words
      • Article
        Lock icon Bank Negara moves to mop up liquidity by issuing more bills
        344 20 AFP KUALA LUMPUR Malaysia's central bank is to issue more 91-day and 182-day bank bills in a move seen as a shift towards a more cost-effective monetary strategy of mopping up excess liquidity, dealers said yesterday. Bank Negara. which
        AFP  -  344 words
      • Article
        Shangdong body to raise US$130m in Asia, Europe
        171 20 SINGAPORE Chinas Shangdong International I rust and Investment Corp (Sitic) will raise USSI3O million (SSI9X million) in the Asian dollar and European capital markets. It will otter seven-year floating rate notes under a deal arranged and lead-managed by si\ financial institutions IBJ
        171 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        121 20 Till; Singapore dollar yesterday continued to make slow but sure gains against the US dollar, touching another new high at 1.5207. Kinggit trade is still confined to this week's tight trading ranges with few fresh leads. Announcement of an MS 800 million new issue of
        121 words
      • Article
        Lock icon London
        205 20 Bloomberg Business News LONDON I he Federal Reserve declined to play its hand as the dollar tumbled to a 14month low against the mark and close to a post-World War II low against the yen. leaving traders to bet the Group of Seven leading nations won't try to boost
        Bloomberg Business News  -  205 words
      • Article
        Futures decline as Yemen production resumes
        161 20 Bloomberg ENERGY REPORT LONDON Crude oil futures declined in London and New York after production resumed in the southern Yemen Masila oil field. Canadian Occidental Petroleum had halted production from the 150.000 barrel-a-day field on I uesday. as a "precautionary measure" taken because of
        161 words
      • Article
        Lock icon New York
        80 20 AFP NEW YORK The dollar slipped against other currencies yesterday as traders wait to see if the Federal Reserve will raise interest rates to buoy the greenback. At 1355 GMT. it traded at 1.5729 marks against 1.5802 on Tuesday and to 98.03 yen (98.95). Earlier in London, it
        AFP  -  80 words
      • Article, Illustration
        Untitled
        1668 20 /'<*/« n iichu J ituL'\ mUulatnl digamy S 'jSHt s l*y> 14 huJint( /uirih-f ftiH- uw /W5 US$/S$ forward rates Noon July 6 si Bid Offer l-inonlh I 5l**5 I iZ 10 2 month I 5I8S 1 520} V month I 51X1 I 51% 6-monih I 516 7 I 51
        1,668 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, JGB futures firm on strong yen
        1446 21 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and Japanese government bond (JCiB) futures ended firmer on the back of the strong yen. Dealers said the Euroyen and JCiB futures were bid in the afternoon following the strengthening yen. A trader said the Euroyen would
        Reuter  -  1,446 words
      • Article
        KL tin firms on European demand
        709 21 COMMODITY REPORTS KL Tin I in closed three sen up at MS 13.63 a kg on renewed European demand. I he market rose due to high European demand and lov\ offers initially." a dealer said. adding there was also some local buying interest. Market
        709 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Sugar market looks to China
          141 21 SINGAPORE Ihe global sugar market is now looking to rising demand in China and. to a lesser extent, higher supplies from Australia as lead factors for the second half of 1994 after demand surged in the past few months on huge refined demand from India.
          141 words
        • Article
          Cuba growing more sugar cane
          121 21 HAVANA Cuban sugar workers sowed 1 >4.268 ha of cane in the first six months of 1994. 20 per cent, or 37.74 X ha more than the first half of 1993. the Cuban Sugar Ministry reported this week. Ihe ministry said sowing was 37 per
          121 words
        • Article
          Brazil delays coffee auction again
          110 21 SAO PAULO Ihe Brazilian government on Tuesday decided to move a coffee stock auction set for yesterday to today, says a Bank of Brazil document. No reason was given in the document for the postponement. Frederico Kobalinho. assistant Industry and Commerce Minister for trade policy,
          110 words
    • Article
      COMMODITY PRICES
      1581 21 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) < lose Volume Open Month High Low Sell (tonnes) Interest \ug 94 181.75 180 so 181.75 6MI 1525 Sep 176 00 3200 ()ct IfeV 50 3500 Nov 169.50 3500 Dec 169.50 3500 Jan/Mar **5
      1,581 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        869 22 -12.2 1 HE share market slipped below the psychologically important 2,000 barrier yesterday after volatile trading fuelled by what brokers called "a natural sell-oft"". Ihe All-Ordinaries Index closed 12.2 points weaker at 1.991.2. Ihe All Industrials fell 10.5 to 2,932.1. while the All Resources shed 13.9 to 1.283.4. Turnover
        869 words
      • Article
        Manila
        585 22 32.64 Share prices rose by 1.25 per cent yesterday in a buying surge just before the market closed. The Philippine Stock Exchange Index rose 32.64 points to finish at 2.627.80. Volume climbed by 120.3 per cent to 1.143 billion shares while value inched up by 7.7 per cent to
        585 words
      • Article
        Taipei
        609 22 Jt 5023 Institutional buying propelled the bourse yesterday, with pulp and paper shares enjoying the largest 3 per cent gain. The Weighted Price Index jumped 50.23 points to settle at 6.115.18. Turnover swelled to 1.94 billion shares valued at NT586.52 billion. The market opened high and a spate of
        609 words
      • Article
        Seoul
        362 22 -7.01 Share prices finished in negative territory yesterday after a fourday hull-run. The Composite Price Index slid 7.01 points to settle at 953.48 with 42.8 million shares valued at 934.4 billion won changing hands. Rises outnumbered falls 429 to 372 with 85 counters unchanged. I he bourse opened higher
        362 words
      • Article
        New Zealand
        308 22 -13.18 Shares dropped for a second ilay as investors waited lor a signal from the Federal Reserve on whether it is going to raise interest rates, traders said. "Everyone's just in a holding pattern at the moment." said a broker. He said the US stock market was very
        308 words
      • Article
        Bombay
        83 22 -9.23 Share prices ended marginally lower after drifting in a narrow range and brokers said trading was dull and sleepy, with most market players staying away. The BSE 30-share Index, which had firmed slightly on account of index heavy-weight Reliance Industries, tell back at close to a provisional 4.092.83.
        83 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        811 22 Britannia Funds Sterling ash Bid Offer Miin < jp Ik-poMt I.* M*S«l Mim let*r> <»ll <• «.I<H2 Mini Mj* Income •o«»4i«l 1SS ash lihome Plu> I uikI H4IH IOJ7iW PS S Kcmiac IunJ -WW 5 2"H» Merlini I- quilt turo PciliinuikT 0 0 W'S hr Kjm Fund "2 \|jn Portfolio
        811 words
      • Article
        London
        658 22 -18.3 STOCKS fell after the dollar dropped to a 14-month low against the mark, boosting eoncerns that the Federal Reserve will have to raise US interest rates to defend the battered eurreney. The FT-SE 100 Index of leading British shares fell 18.3 points to 2.946.7, its lowest level since
        658 words
      • Article
        Paris
        192 22 10.26 French stocks closed higher after staging a mild recovery from a late afternoon slide caused by a fall in the franc against the mark. Ihe franc's fall was in turn a reaction to investors switching dollars for marks as the US dollar hit a record low on concerns
        192 words
      • Article
        Frankfurt
        187 22 German stocks were mixed as the dollar's tall to a 14month low against the mark revived tears of higher US interest rates. The market has come under pressure because of the weaker dollar," said one trader. "People were expecting a rise in US interest rates hut it hasn't come."
        187 words
      • Article
        Brussels
        157 22 -10.74 Belgian stocks dropped for the second straight day as rising bond yields and the drop in the dollar threatened to weaken the US earnings of Belgian companies, analvsts said. The Bel2o Index dropped 10.74 points 1,406.74. Belgian stocks have been volatile, with the index falling 1.1 percent on
        157 words
      • Article
        Amsterdam
        223 22 -0.17 Dutch shares ended narrowly mixed in quiet trading with dealers noting sentiment seemed stronger than they had anticipated. The AFX Index closed down 0.17 points at 389.53 after falling at the opening to 387.79. But prices picked up later in line with bonds. Institutions were said to be
        223 words
      • Article
        Zurich
        299 22 -10.80 Swiss stocks fell for a second day as the dollar's weakness against the Swiss franc led investors to sell shares in companies with dollar earnings. The Swiss Market Index, or SMI. which tracks the top 21 stocks, lost 10.8 points to 2.598.9. closing below 2.6(H) points for the
        299 words
      • Article
        Johannesburg
        365 22 -21 I lie resignation of respected Finance Minister Derek Keys spooked South African equities yesterday but losses were limited as sellers kept their heads. Dealers said his resignation had been mostly discounted on Tuesday afternoon and buying support was likely on any further weakness as a successor had already
        365 words
      • Article
        Toronto
        310 22 -15.06 Canadian stocks fell amid concern about a slump in the bond market and a slide in gold shares. "I think people are very confused." said a dealer. The Toronto Stock Exchange 300 Composite Index was down 15.06 to 4.038.50 with some 18.6 million shares traded. Some 218 issues
        310 words
      • Article
        New York
        737 22 -1-3.56 The Dow Jones Industrial Average, which edged up 5.83 points on Tuesday, was ahead 3.56 at 3.656.04 at 1 lam EDt. The key barometer was down 4.21 points shortly after the market opened. Solid gains by three Dow components helped lift the indicator out of negative territory.
        737 words
    • Article, Illustration
      Lock icon HONGKONG
      3087 23 Bloomberg Business News HONGKONG I he Hang Song Index dropped 1.95 per cent yesterda> over concern that the federal Reserve may raise US interest rates. A rise in US rates will eventually lead to an increase in Hongkong rates because the Hongkong dollar is pegged to the US currency.
      Bloomberg Business News; Source: Bridge Info  -  3,087 words
    • Article, Illustration
      Lock icon CHINA
      518 23 CLSA SPORADIC trading brought the Shanghai B Index down 1.83 points to 750.75 on moderate turnover of USSI.4 million. Pilkington Glass fell 1.9 per cent as investors waited to switch to the coming Luoyang Glass. The Shenzhen A share market remained close due to Tuesday's satellite communication malfunction. Most
      CLSA  -  518 words
    • Article, Illustration
      Lock icon TOKYO
      2582 23 Bloomberg Business News TOKYO Stocks ended lower amid fears of a stronger yen, traders said. "People grew a little more worried about the yen in the last hour," said Ravi Nandigum. an equity salesman at Baring Securities. "They're losing hopes that there will be a coordinated interest rate policy
      Bloomberg Business News; Source: Bridge Info  -  2,582 words
    • Article, Illustration
      Lock icon BANGKOK
      1668 23 Reuter BANGKOK Thai stocks closed up slightly after a hesitant day's trading ahead of the outcome of the Federal Open Market Committee meeting yesterday. The SET Index closed 1.81 points up at 1.297.45. Turnover was a thin 3.6 billion baht. Rises led falls 147 to 122. "Investor confidence was
      Reuter; Source: Bridge Info  -  1,668 words
    • Article, Illustration
      Lock icon JAKARTA
      1161 23 Bloomberg Business News JAKARTA Indonesian stocks fell for the third straight day. reaching an eight-month low. as the Federal Reserve Board met to consider raising rates. The Official Index fell 3.07 points to close at 453.69. its lowest close since Oct 13. Trading totalled 15.2 million shares worth 60.5
      Bloomberg Business News; Source: Bridge Info  -  1,161 words
    • Article
      CLOB INTERNATIONAL
      2550 24 MOST ACTIVE volume PUHIH.1 Mulph.i lull >Oc 2.975.000 I Jus H\J SK 2.749.000 I k'n Hoc ISR97 l. 7 MI.000 i \SH MV 1.55 MM) Nluili-Puip***: 1.419.000 Kvihhik HhJ MV 1.4 <5.000 Kjmunling Mk. I 2MU0M s <k. I I .10.000 IVijjva liul 1.061.000 >\(H Mk %M2 «*«>
      2,550 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks fall amid concern over Tenaga profits
        5966 24 Bloomberg Business News KUALA LUMPUR Shares in former national utility monopoly Tenaga Nasional led stocks lower amid concern that a major brokerage will soon issue a report describing the company's declining profit margins. Tenaga's stock, which accounts for nearly 17 per cent of
        Bloomberg Business News; Source: Bridge Info  -  5,966 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7765 25 MAIN BOARD Transaction date: July 6 t,r (rf M |lH4 |j,| Vol Day Di« Oi» >W Net Cup \>g lligh >o» Company Sal* (00«) High la* Buyer Seller Of S P/E *mil Price INDUSTRIAL AND COMMERCIAL l+40 g)5 s Ainu 960 -20 II 970 960 960 970 I 7 5
        7,765 words
      • Article, Illustration
        Lock icon Investors take profits on fears of US rate hike
        2072 26  -  By R Sivanithy SINGAPORE The rally by second liners on Tuesday fizzled out yesterday, as wary investors fearful of a large increase in US interest rates quickly took profit before the outcome of the US Federal Open Market Committee interest rate
        Charts by Bridge Info; Source: Bloomberg  -  2,072 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      228 17 NEWS VALUE How today's news might affect your stocks Asian investment in US falls to lowest level in 7 years (pg i) Further evidence that regional markets are where the action is in the medium term. Fed meeting enters final stretch (pg I) Financial markets have already braced for a
      228 words
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      Page 19 Advertisements Column 1
      319 19 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 OPERATIONS ANALYST SINGAPORE BASED -—-I Wc arc a major international force in the oil market and arc ■|l I committed to expansion in both our core and non-corc 111 I activities. Backed by significant capital and a strong traded 111 I product
      319 words
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      294 21 THE COMPANIES ACT, CAP. 50 ANDO ENGINEERING (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Ando Engineering (S) Pte Ltd duly convened and held at 1 -35 7 Oofcayam Meguro-ku Tokyo, Japan 152 on Monday, 4 July 1994, the following special resolutions set out below
      294 words
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      Page 21 Advertisements Column 2
      14 21 Reach TOP TALENT at the HIGHEST LEVEL... Advertise in these pages... The Straits Times
      14 words
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      Page 21 Advertisements Column 3
      51 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. PI 737-1166 Make the connection through The Straits Tiroes Classified when you're rWK looking for r£ Vl bargains or looking for x customers. T Just give us cJLTJS.\ a ca
      51 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      108 22 ill PlllltlllE IS DROIT PERSONAL CHOICE. |f The choice of a Philishave is all about looking r jt has three heads with 90 M 'crogrooves each that trap |Hr/|OE your best. Philishave Rota '93 has a new improved pg# even the toughest stubble. Make your personal choice Pi 1p shavinsheadwithMicr
      108 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      61 23 Hid add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial. Now at Ngee Ann City. For all your internationally certified lel |HHH G.I.A, H.R.D and 1.G.1 diamonds, HHI Ira emeralds and other gemstones. NEW SHOWROOM: Mondial Ngee Ann City 001-16 Takasbtmaya Shopping Centre, 391 Orchard Road,
      61 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      63 24 WATCH FOR THOSE WITH HplHB I SWISS BANK ACCOUNTS. Sole Agent: DICKSON WATCH 6- JEWELLERY (S) PTE LTD CHOPARD BOUTIQUE: WISMA ATRIA 435 Orchard Road #02-36 Singapore 0923 Tel *****51 DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchard Road #01-03 Singapore 0923 Tel: *****00 CENTREPOINT 176 Orchard Road #01-05/06 Singapore 0923
      63 words
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      0 24 .>|:([!\..}+.:/@&\-@$$:,`%>..~)
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      98 25 SINCAPORE: THK HOUR (iIASS Takashimaya Shopping Centre Tel: 7:*****0/1 l ucky tK Pla/a Tel: *****62/543 Scolts Tel: *****27/7198 Centre-point Tel: *****98/ AViaAA' 603-Peninsula Pla/a Tel: *****09/*****63 •Rallies Tel: *****41/1169 •World V/a""*" «tt 18*7 M M Trade Centre Tel: *****51 /1007 (".hangi Airport Terminal I (Wesi Wing) /A, Tel: *****60, Terminal
      98 words
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      349 26 r THE COMPANIES ACT, CHAPTER 50 SECTKM 290(2X8) HOnCi Of RESOLUTION BAOQUI MARITIME PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Badger Maritime Pte Ltd held at 10 Anson Road #33-15 International Plaza, Singapore 0207 on the 28th day of June 1994, the following special resolutions
      349 words
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      Page 26 Advertisements Column 2
      350 26 f THE COMPARES ACT. CHAPTER 50 SECTION 2SOPXB) NOTICE OF RESOLUTION HEXAOON MARITIME PTE LTD (MMEMBERS' VOLUNTARY UOUtOATION) At an Extraordinary General Meeting of Hexagon Maritime Pte Ltd held at 10 Anson Road #33-15 International Plaza, Singapore 0207 on the 28th day of June 1994, the tatowing special resolutions were
      350 words
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      Page 26 Advertisements Column 3
      351 26 f THE COMPANES ACT. CHAPTER 50 SECTION 290(2)(B) NOTICE OF RESOLUTION OCTAGON MARITIME PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Octagon Maritime Pte Ltd held at 10 Anson Road #33-15 International Plaza Singapore 0207 on the 28tt) day of June 1994, the following special resolutions
      351 words
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      Page 26 Advertisements Column 4
      565 26 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF NG BOON MING HOLDING PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the memoers of NG BOON MING HOLDING PTE LTD duly convened and held at 269 Jalan Besar
      565 words
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      Page 26 Advertisements Column 5
      45 26 Pianos for prodigies, violins for virtuosos... You'll find the answers to all your musical needs at classification 111 in The Straits Times Classified. CA.T.S. 737-1166 Cfsllg; PORT \|g|f. SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday m Business Times
      45 words
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      Page 26 Advertisements Column 6
      435 26 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF SONG I.IM INVESTMENT HOLDINGS PTE LTD (Members' Voluntary IJquiditlonl NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Chapter 50 that a Final Meeting of the Members of the abovenamed company will be
      435 words
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  • SHIPPING TIMES
    • Article
      Lock icon Enraged Russia, Turkey heading for diplomatic dispute
      496 27 Platt's Oilgram ANKARA Turkey and Russia appear to be heading for a diplomatic dispute after Turkey. overriding Russian objections, introduced new shipping regulations late last week aimed at improving safety in the Bosporus and Dardanelles straits. Turkey decided to tighten the rules for
      Platt's Oilgram  -  496 words
    • Article
      Local boat operator Penguin buys shipyard for $7m
      347 27  -  By Dexter Lee SINGAPORE Local boat and ferry operator Penguin Boat Services has gone upstream. The company recently spent $7 million to acquire a shipyard in Singapore to produce aluminium vessels a move that will pit it against boat builders like Aluminium
      347 words
    • Article
      Lock icon Hopes raised over HK's terminal 9
      111 27 Knight-Ridder HONGKONG China and the I K have resolved some of their differences over Hongkong's Container Terminal 9. raising hopes an agreement will be reached in the next few months, the South China Morning Host newspaper reported yesterday. At last week's meeting of the
      Knight-Ridder  -  111 words
    • Article
      Lock icon Kemaman Port to upgrade cargo-handling facilities
      331 27 MBT KhMAMAN »H)K I. Malaysia I he Kemaman Port Authority will spend about million (SSI 1.1 million) this >ear to upgrade its cargo-han-dling facilities, its general manager l ik MustalTa said. Over the >ears. an increasing number of vessels has been making calls at
      MBT  -  331 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      841 27 Page Col Accord Group 8 1-3 Ahrcnkicl Liner 4 1/2 •APL 5 3-5 •Appcnship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Batamindo 7 3
      841 words
    • Article
      Lock icon Container, bulk carrier collide in US river
      230 27 Knight-Ridder LONDON The 23.930-deadweight-tonne container vessel Columbus Olivos and the 41.756-deadweight-tonne bulk carrier Hauta collided while transiting the St John's River, in the US. on Sunday, according to Lloyd's Intelligence. The Liberian-flagged Columbus Olivos, which was inbound with a pilot on board, and
      Knight-Ridder  -  230 words
    • Article
      Lock icon Japanese fishermen rescued from Australian reef
      252 27 Reuter SYDNEY Nineteen Japanese fishermen, stranded on a remote coral reef off the northeast coast of Australia, were rescued by an Australian army helicopter on Tuesday night, 24 hours after their boat ran aground. "All 19 are now back on land and in fairly
      Reuter  -  252 words
    • Article, Illustration
      Ferries Australia introduces 94-metre model
      347 27  -  By Alec Almazan SINGAPORE West Australian builder Ferries Australia has added a 94-metre vehi-cle-passenger ferry to its range. The Auto Express 94 model is based on the Auto Express 79. for which Ferries Australia has won a contract with British operator Sea Containers. Like the
      347 words
    • Article, Illustration
      Lock icon Airbus crash is price of high-risk industry
      643 28 Seven lives were lost last week when an A 330 plane crashed while testing a system which linked the automatic pilot to Pratt Whitney engines Reuter LAST week's crash of an Airbus test jet killing all seven crew highlighted the demands on the
      Reuter  -  643 words
    • Article
      THE SHIPPING GUIDE
      13177 36 I his is a list ot ships loading al Singapore for ports around the world. It tabulates, by destination, the name ol the ship, the shipping line involved and the estimated dates ol arrival and departure from the Port of Singapore. LEGEND FN: ship calls at Penang
      13,177 words
    • Article
      SHIPPING AGENTS
      3406 41 A L SIHC ontaincrline N\: Belsin Shpg \gcncics Pic Ltd (Sy Marine Handling Sdn Bhd (PK/PN). Accord Group: \ccord Shpg Ptc Ltd (SyAccord Contr Line (PK/PN). Vdkris Business Corporation Philippine Calsource Shpg Trdg Ptc Ltd (S) Ahrenkiel I iner Service kim Shpg Trdg (S) Vlbatros Sea-Air Service: Frata
      3,406 words
    • Article
      COURIER SERVICES
      303 41 but us C ouriers Id 543-8011. lav 545-1898 Air Fxpress I ravel Tel 533-5771. lax 535-6144 Airborne Freight Corporation Tel 542-8844 Fax 542-3716. *****80 Airswift Worldwide Courier M: 278-0188 Fax: 273-8283. AJS Supplies Tel: 7 48-6322 (2 lines). 747-7421. Fax: 742-8975 C it> -1 ink. International Tel" 344-3377.
      303 words
    • Article
      AIR FORWARDERS
      1528 41 \bex Kxpress Freight Tel 542-7171 Fax: ******4 Actinic Forwarder Td: 225-1833 Fax *****42. Vctivair Singapore lei 54!-7822. Fax *****20 Verolink Freight International Tel: 545-8033. Fax *****05 Xerospeed Tel: 542-5911. Fax: *****18 U argo Novo F xpress Tel: 542-5454 Fax *****06 Air Fxpress International Tel: 542-7666 Fax: *****74. *****50
      1,528 words
    • Article
      PORT CONDITIONS
      2640 42 ALBANIA Durrev I wo vessels in port operating of which 1 discharging bagged flour. I steel. 1 bagged cement discharger waiting in roads for berth. ARGENTINA Santa Fe: No vessels berthed, none in roads, 1 vessel due. Diamante: No vessels berthed, none in roads, no vessels due. San
      2,640 words
    • Article
      CRUISE & FERRY SCHEDULES
      801 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr l)«p Name of Vessel LI A Kll) Ports of Calls Port Auent It'lephoiie No JULY 07 07 Club Med 2 0700 1900 Cruise to Nowhere llaipcrs Shipping 221-1388 08 08 Club Med 2 0700 Cruise to Nowhere Harpers Shipping 22I-138J> 08 08 Renaissance 2
      801 words
    • Article
      SHIP SALES & TANKER RATES
      790 42 SHIP SALES TANKER RATES AGAIN it is the handy dry bulk market that provides the maximum interest with the resulting sales of a eouple of ships that have been creating interest over recent weeks. These are the Rich Way 38.000 dwt and built 1990 and the City of Port Louis
      790 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        737 43 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure iurong Port cam r«an go; poia 060/ oaco 08 0/ 2joo Batam Bafcagia 07, 01 94 13 alongside 07 07 2300 CG COS M6)M' P02 0607 0800 06 07 1700 Batam Indah N128 II alongside
        737 words
      • Article
        CONTAINER SCHEDULES
        2208 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinj/Balance Rslts Ship Voy No Etb/Btr Period From To From Ao Lily 051B 08/2000 IB 05/1500 05/1659 05 1900 3 06/0700 06/1159 06'1400 4 06/1200 06/1459 06/1/00 Ac. S»an 125A 06,1500
        2,208 words
      • Article
        COCKETT BUNKER MARKET REPORT
        895 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        895 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        641 43 Carbon Carbon luie 30 Density Water Residue Ash Muravn Sedrwnt Density Water Residue Ash AJumium Sedment M M 'o M M Exion £*«on KG M*3 V.V ".MM 'iMM PPM method KG M*3 V/V "MM MM PPM method tSO/Cimx limits Spec £25 991 10 150 010 30*
        641 words
    • Article, Illustration
      Profitable Israeli line goes about business quietly
      1336 44 Company policy at Zim Israel Navigation Company dictates that the carrier have a wider geographical range of activities, which not only spread risks but also means that it does not upset its competitors hv biting too deeply into their trade. This means also
      1,336 words
    • Article
      Daily Freights
      1197 44 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,352 on Tuesday from 1,350 on July 4. Trading remained slow on the freight market following the US holiday, with confirmation of business difficult to obtain, brokers said. In the grain trades. Cargill booked the Hyphestos
      1,197 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon US car buyers are still most satisfied with Asian cars: study
        433 46 Reuter AGOURA HILLS. California Asian automakers still have the most satisfied US car buyers, but Luropean and some domestic marques are gaining ground, according to a new study released on Tuesday. J D Power and Associates' 1994 New Car
        Reuter  -  433 words
      • Article, Illustration
        Lock icon Paving the way for more traffic
        40 46 Reuter BEIJING Two Chinese labourers (left) supply blocks to blocklayers yesterday during the construction of a retaining wall for one of Beijing's expressways which will help ease traffic congestion in China's capital city. Reuter
        Reuter  -  40 words
      • Article
        DHL improves overnight express S'pore-HK service
        254 46  -  By Rahita Elias SINGAPORE Air express company DHL International has introduced an improved overnight express service from Singapore to Hongkong. Under the Morning Dragon service, Singapore exporters are now guaranteed to have their goods customs cleared and delivered to customers in the British colony
        254 words
      • Article
        Lock icon British Airways' June traffic up 11 per cent
        343 46 Bloomberg Business News LONDON British Airways pic on Tuesday said passenger traffic grew by 11.2 per cent in June compared with the previous year's capacity growth of 6.4 per cent. Passenger traffic is a measurement of revenue passenger kilometres, or the number
        Bloomberg Business News  -  343 words
      • Article
        Shangri-La Hotels joins Mileage Plus
        155 46 SINGAPORE Hongkongbased Shangri-La Hotels and Resorts has joined United Airlines' frequent flier programme, Mileage Plus, becoming the first Asian hotel group to do so. Mileage Plus members earn mileage credit when they stay at any of Shangri-La's 27 hotels and resorts in Canada. China, Fiji,
        155 words
      • LOG BOOK
        • Article
          67 Boeing jets delivered in 2nd qtr
          83 46 SINCiAPOKL I he Booing company announced vesterday that for the second quarter of 1994. commercial deliveries totalled 67 aircraft, bringing to l-W the total number of commercial jets delivered in the first mx months of the >ear. Deliveries for the first hall ol
          83 words
        • Article, Illustration
          Lock icon Keeping Yugoslavia's traffic moving
          55 46 Reuter BELGRADE A Belgrade street dealer selling petrol at a price of 2.5 German marks (2.3 cents) per litre last week. Hundreds of entrepreneurs in private cars swarm across leaky borders to thwart sanctions on Yugoslavia by smuggling through enough petrol to keep traffic in the
          Reuter  -  55 words
        • Article
          Lock icon Continental Grain to close department
          69 46 Knight-Ridder NEW YORK Continental Grain Co said on Tuesday it is closing its New York freight department effective from Sep 1. From then, the corporate freight operations will be integrated into Continental's worldwide commercial grain and oilseeds operations in Chicago and Geneva. Stellar Chartering and
          Knight-Ridder  -  69 words
      • Article
        Lock icon Northwest union sues airline, state officials over jobs plan
        484 46 Bloomberg Business News ST PAUL, Minnesota Northwest Airlines' largest union is challenging the carrier's plans to provide only 950 jobs in northeast Minnesota rather than the 1.500 it promised state legislators in exchange for a loan two years ago. The International
        Bloomberg Business News  -  484 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1420 46 o& rig* ETA FigM rre^ Abu Dhabi GF146 1120 GF147 1850 GA985 1130 SQ441 1505 GA883 1545 Adelaide Qf81 1925 Qf82 2055 SQ228 1955 Amsterdam KL843 0505 KL838 2300 SQ25 0630 SO26 2355 GA975 1205 KL837 1450 Athens SQ347 0740 Auckland SQ286 2040 BA11 1505 SQ288
        1,420 words
      • Article
        Lock icon Japan Airlines, Air France to cooperate
        282 46 AFP TOKYO Japan Airlines and Air France have agreed to cooperate in operating direct flights between Charles de Gaulle airport in Paris and Kansai International Airport in Osaka, a news report said on Tuesday. Under the agreement, each airline will give the other 100
        AFP  -  282 words
      • Article
        Lock icon New Frontier Airlines begins service from Denver hub
        160 46 Bloomberg Business News DBNVLR I run tier Airlines Ine on Friday beeame the nation's newest air carrier, initiating jet service between Denver and four North Dakota cities. The carrier, formed by executives of the former Frontier Airlines, aims to be a niche
        Bloomberg Business News  -  160 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      22 27 DIRECT CALL TO THURSDAY 81 SUNDAY HOTLINE *****37 High-risk aviation industry, Page 2 Profitable Israeli line goes about business quietly, Page 18
      22 words
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      Page 27 Advertisements Column 2
      26 27 Lines and services represented by Members of the Registry of Accredited uH©*!) Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
      26 words
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      Page 27 Advertisements Column 3
      37 27 the FAMOUS ■!MIII?m 224 1833 For more information please refer to Pj{. i:) PORT SHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. SIN* iAPOKI'. f 1 Business Times wf ustm \siA
      37 words
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      Page 28 Advertisements Column 1
      2404 28 H:<T>OHT,„. 4:^oHi'.... hxpoxt.... import.... import.*. 1 NORTH AMERICA! 1 OTHER DESTINATIONS 1 1 NORTH AMERICA DIRECT CALL TO WEST COAST (SCXI TO EAST COAST SOUTH AMERICA SCR VICE SINGAPORE CALIFORNIA EXPRESS (DWECT FROM WEST COAST) rtssa VOT STOW I* o** yen SEA DHL HOUSTON CHtC NT MIICO CUT VESSEL STOW
      2,404 words
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      Page 29 Advertisements Column 1
      2230 29 OOCL l&\ PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. 2M CANTONMENT ROAD »12-05 SOUTH POINT. SINGAPORE 0208 PETALING JAY A TEL 03-*****76 FAX 03-*****42 CFS 03 *****42 CR NUMBER **********0 C PENANG TEL *****4 FAX *****1 DOCUMENTATION TEL *****55 (INWARDV32OO39O (OUTWARD) lf> OH TEL' *****3/4 FAX *****6
      2,230 words
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      Page 29 Advertisements Column 2
      2142 29 ■UIVJH.HHWI* EAST COAST SOUTH AMERICA PUERTO CABELLO/LA GUAIRA/RIO DE JANERIO SANTOS/BUENOS AIRES/RIO GRANDE/IMBITUBA MAGLEBY MS. V. 9406 ETA SIN 12TH JULY 94 V«sse< Voy ETA ETD Feedtred by s destinations run MAGcEBv maersk V 9406 12/0/ oeoo mrs CFS 11/07 2359 MRS JOM LPK PEN OAK LOB SfO MEM ATL
      2,142 words
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      Page 30 Advertisements Column 1
      1760 30 I""" "~~J AGABA R DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA STUTTGART EXPRESS 04 326 9 7 18 7 25/7 21 7 30/7 1/8 3 8 Port Kelang. Penang KAGA 36/ 127 13/7 30'7 31/7 2/8
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      Page 30 Advertisements Column 2
      648 30 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Doqharun) C.1.5./RUSSIA: Vos ochny, Vladivostok. Moscow. I Baku, Taahkent. Irkutsk, Alma Ata. Ashgabad, Dushanbe. Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKJR Ned Africa V 2224 12/7 10/8 Bunga
      648 words
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      Page 30 Advertisements Column 3
      1196 30 I NORASIA IVSUVOY^^^^^^^SlN^^Al^lBC^^VA^^HA^^BR^^RO^^AH^^FE^^lhs^ NORASIA SUN 9426 3 07/07 28/07 29/07 30/07 01/08 02/08 03/08 04/08 05/08 05/08 NORASIA PEARL 9427-3 14/07 05/08 06 08 07/08 08/08 09/08 10/08 U/08 12/08 12/08 I ARABIAN SEA 428* 20/07 12/08 13/08 14/08 15/08 16/08 17/ OS 18/08 19/08 19/08 I SEA MACEDONIA 429W
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      Page 31 Advertisements Column 1
      1405 31 W W STRAITS SHIPPING PTE LTD Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 IdiMikf iltf!'X\!lsMrJWM!f;l:!rill>!N■ new guinea pacific line (A SERVICE OF CHINA NAVIGATION CO) CARGO M* SAIIS SIRAIIS PRIDI Vl2t Muata KK 06 lul 07 M 08 lii FCI, ICL CONTAINER AND BREAKBULK SERVICE
      1,405 words
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      Page 31 Advertisements Column 2
      3897 31 i SINGAPORE AGENT: p&0 Containers (Singapore Agencies) Pte Ltd *s§pHp W liyl 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 V CR Number **********0Z EXPORT IMPORT vessel VO* f'PNG PKG SIN SOU ANT ROT HAM COT BRE LEH
      3,897 words
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      Page 32 Advertisements Column 1
      612 32 ifK EKA JAYA AGENCIES >3|ir TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE r~BO CHI MINH CITY PAGER" HANOPHONe/DIREcT HEURY H96 IMMM WSW/MVW MANOJ *****25 M ***** TO VIETNAM/HCMC CONTAINER-FEEDER SERVICE CENTER-POINT wsss> Z7 LINES *ssn wi u» s pout <o< u» hcmc W3 »»wan 2117 10.07 2211
      612 words
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      Page 32 Advertisements Column 2
      2137 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VSL SIN LINE HAUL StA YW POX TOR Vsl SIN I UNI HAL*. $A¥ lIM NYC HANIIN SINGAPORE 014 C 8 DIRECT 28/7 29/7 30/7 HANIIN SINGAPORE 014E 8 H SAVANNAH 044E 11/1 12/1 14/J
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      Page 32 Advertisements Column 3
      1604 32 tpni scr use wc mc pus h»i o» ki w i»o ia« chs bai iitc itw um mm n* toe r» cm ml scr I GOLDfN M 044 1 1) 1 27 1 21 7 7 30 J1 1 M 12 1 24 1 26 1 27 1 5S 6»
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      Page 33 Advertisements Column 1
      2717 33 I as ■B I If 'RHEIN BRIDGE 35W' ETA SGP 09/07/94 H| II BSB tNBII ETA RDM 25/07/94 FLX 26/07/94 II H BRE 28/07/94 I] II HI H I EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QULF MIDWEST USEC CANADA VESSEL VOY SGP LOS OAK VAN SET
      2,717 words
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      Page 33 Advertisements Column 2
      1122 33 I A I MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64. *****51. *****31. *****13 A 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
      1,122 words
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      Page 34 Advertisements Column 1
      1582 34 44 m AS AGENTS "K" LINE (SINGAPORE) PTE LTD (C« NO: **********0 M GST REG NO M 2 *****99 6) TEL *****77 TELEX KAWAKI R*****5 FAX *****16/7/8/9 I V T MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD U J TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6
      1,582 words
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      Page 34 Advertisements Column 2
      709 34 @APPENSHIP /Qs HAMBURG \^C) CONVENTIONAL INDEPENDENT LINER SERVICE V EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS 10ADMG PORTS DISCHARGE LOADING FOR MERINI ANTW 27/06 SPORE 30/07 SEAKITTIE HAM 29/06 SPORE 02/08 ELENA V ANTW 03/07 SPORE 06/08 /i?\\ ISLAMIC REPUBLIC OF ACCEPTING CARGO TO GULF PORTS I I
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      Page 34 Advertisements Column 3
      418 34 f GOLDEN LINE "S VoJV guan guan shipping < PTE > LTD V 23 Tttok Street SJNGWORf 0104 TEL: *****61 (10 IKS) Fn: *****04 (CD No 1012S*****0W) •TWAiTt/PEMIAM CULT SERVICE S'pote P Mang Penang GOLDEN HARVEST Karachi/Dubai. Kuwait 16/17 My GOLDEN STAB Kaiachi/Dutai Kuwait 20/22 My CHINA SERVICE OCN IMG
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      Page 35 Advertisements Column 1
      960 35 f agggllf PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I m M flflV CR NO *****6 *****E I VESSEL VOY SIN CMB JIB JED AOJ ADE HOD PZU ASA KOTA BERANI BRNOOS 11/7 16/7 23/7 28/7 28/7 24/7 29/7 2/8 KOTA
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      Page 35 Advertisements Column 2
      1138 35 I VtSStIS ioT SIN U HAVtI "J HAMBURG THAMIS BOTUROAM ANIWRP I Villi Dt HBO A 104VV 07/07 27/07 29/07 30 07 31/07 0« 0« I WUlt Dt CARINA CO4W 12/07 03 08 05 01 06 OS 07/0« OS,OI VIUI Dt SACIIIA SO4W 19/07 10 01 12/08 13 0« 1«
      1,138 words
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      Page 35 Advertisements Column 3
      634 35 BSfl^ M MYANMA tiHßk five star line (Myanmar National Line) Loading for Yangon (Rangoon) S pore P Klj Pen P Gdg MERGUI VI24W Sailed SAGAING V3SW 10/12 lot 13/15 Jul OS 09 Jul PAGAN V2IIW 13/16 Jul AVA VI29W 20/24 lul PATHfN VI3OW 30 31 lul 25 29 Jut MALAYSIA
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      Page 38 Advertisements Column 1
      2078 38 CU S EAST COAST NEW YORK ALL WATER DIRECT 28 DAYS Singapore's General Agents: COSTAR SHIPPING PTE LTD Tel < General > *****00 Sale* Booking: Agency Dept: 6 Shenton Way al7 08 Fax (General): *****66 Container: *****41 844 Container Svc B L: *****02 Operation Container: *****15 DBS Bldg Tower 2
      2,078 words
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      Page 38 Advertisements Column 2
      995 38 /iPfICROATIA LINE A /^NORBULI^ tJI (EX JUGOLINIJA) I I (ulwOlV 3 norbulk cargo services ltd. 1 I I I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES VESSEL SPORE PK PNG LOADING FOR RAB 11 JU. 13 JUL Aloandr'j. Btiful. I SP P* LOADING FOR I Istanbul If!tst« Kotff I
      995 words
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      Page 39 Advertisements Column 1
      718 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 10/7 ROTTERDAM 09/7 AARHUS/COPENHAGEN 107T HAMBURG/BREMEN 10/7 MARSEILLE/FRANCE 12/7 FELIXSTOWE/UK 11/7 BARCELONA/SPAIN 11/7 LEHAVRE/FRANCE 09/7 GENOA/ITALY 1177 ANTWERP/BELGIUM 11/7 LOS ANGELES/WC/IPI 10/7 SYDNEY/MELBOURNE 08/7 NEW YORK/EC 10/7 FREMANTLE/ADELAIDE 08/7 VANCOUVER 13/7 BRISBANE
      718 words
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      Page 39 Advertisements Column 2
      1111 39 I 1 PBBB|^^B B '®®B VESSEL J*l VESSEL VOY SIN PEN B IBRA BHUM SBS Fri 8/7 Tua 12/7 B SEROJA 4109 Ffi 6/7 Sat 9/7 Bf« VESSEL VOY SIN BKK BHATRA BHUM 378 Sal 9/7 Tua 12/7 <| KOTA SURIA SUROII Sun 10/7 Tua 12/7 WATHA BHUM 12N Thu
      1,111 words
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      Page 39 Advertisements Column 3
      307 39 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 rH TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E ]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vassal Voy ETA Loading For Spore Abbay Wonz 40WB 12/08 Daressalaam. Mombasa. Dfibouti Assab. Massawa Netsaret
      307 words
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      Page 39 Advertisements Column 4
      559 39 C uarmnfed Sailing* to:- BANGKOK, LAEM CHABANG LAOS 9/7 (SAT). 12/7 (TUt) PORT KELANG PfNANG 7/7 (THUR). 8/7 (FRI) HONG KONG 8/7 (FIB). 12/7 (TUI) JAKARTA 9/7 (SAT) MANILA CEBU 12/7 (TUE) HO CHI MNH 8 Of IRl) SURABAYA 10/7 (SUN) BUS AN 10/7 (SUN) pl DONGNAMA LINE CONTAINERISED BERVICE
      559 words
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      Page 40 Advertisements Column 1
      1901 40 ■L4AMN CONTAINER LINES, INC l~l\=/WH A 9 ent#: MAC-NELS SPORE: *****22 (24 LINES) V 'c/R No: 1200S7S0000E SIBU (084) *****9 KUCHINQ (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK
      1,901 words
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      Page 40 Advertisements Column 2
      178 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD (111 (ID U« SHMI FORI KUMK PINANG BlUt lUX 1? S*M Lm4m( toi M.il' fUVAI HUOHU JI toi Dubji dolph* n 1 lojding Fo« Mjl* PIONIIR SUPWMI loadm* fo« Mil* UMM(DH i* I loading For PROGRISS LHRIT 30 I toi Mjt» PWWtR
      178 words
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      Page 40 Advertisements Column 3
      1210 40 f XL THONG SOON LINES PTE LTD 1 J 78 SHENTON WAY #10-01, SINGAPORE 0207 I I \J \y TEL: 227-5088 FAX: 227-6011 I I jf.. TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK SINGAPORE T^TH/ULAND KSSCL VOY SPORE DEST VESSEL VOY SPORE BANGKOK EQUATOR
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      Page 43 Advertisements Column 1
      45 43 i A 1 pa Am Trim down those overstuffed areas in your home, r lA wlf PIH I F As| I Advertise those unused items for sale in The k Y llhlVlll 1 Wll Straits Times Classified. Call 737-1166 to place your classified ad. C-A.T.S.
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      Page 44 Advertisements Column 1
      482 44 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA LANKA MAHAPOLA *****N 08/07 (FRI) 13/07 (WED) PERVOMAYSK *****N 12/07 (TUE) 16/07 (SAT) HJ?KPJRKJv* VIGOUR PACIFIC *****N 15/07 (FRI) 20/07 (WED) FRIOAY i* so LfINKA MAHAPOLA *****N 19/07 (TUE) 23,07 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE 1 GENERAL
      482 words
  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      745 44 TODAY S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 23 IS 1 3 1 0 0 7 06 06 09 1 3 1.7 2.0 2.2 2.1 18
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      Page 45 Advertisements Column 1
      822 45 I /k HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PNA* PKE* PGP* VESSELS VOY SIM RTM ANT~ LEH* HAM BREt FEL 08/07 08/07 09/07 H. COMMANDER 310W 11/07 30/07 01/08 02/08 01/08 01/08 03/08 13/07 15/07 16/07 SI MARINER 311W 18/07 06/08 08/08 09/08 08/08 08/09
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      Page 45 Advertisements Column 2
      516 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS vcssa vor y m nuc kk mua ki StKI NAGOtA »2 »/7 13/7 (Cllk 14 7) KEISMUN 30 1/7 JO/7 14/7 U/7 COSMC MASTSR 21 14/7 iSBT U/7) ORANGt MOO* S3 11/1 <BKK 15/7) QMRK SKY 17/7 20/7 OUTBOUND
      516 words
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      Page 45 Advertisements Column 3
      1072 45 [VESSEL Ivor SIN ETA/ O LAX OAK CH I DAL MEM COC I HOU 1 NYC I NOR HENRY HUDSON BRIDGE 76A 14/07 31/07 02/08 03/08 04 08 04/08 OS 08 05/08 06,08 ALLIGATOR VICTORY 54* 21/07 07/08 09 08 10 08 11/08 H/M 12/08 "li/M 13/08 MACKINAC BRPGt 78A
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