The Business Times, 8 July 1994

Microfilm: NL19567
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times \\i: ksohasia Ml I MP) 010/12W Friday Julv 8 1994 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon US$50b up in smoke?
      51 1 Reuter ATLANTA In an attempt to bolster the Clinton administration's push for higher cigarette taxes, a federal agency yesterday said cigarette smoking cost the American healthcare system US$5O billion (Ss76 billion) last year, or about US$2.O6 for each of the 24 billion packages of cigarettes sold.
      Reuter  -  51 words
    • Article
      Lock icon Underground cash
      38 1 Bloomberg Business News LONDON Barclays pic. Britain's biggest retail bank, is installing the first-ever automatic teller machines (ATMs) in London subway stations. The first Barclay Bank machine was set up in the Baker Street station yesterday.
      Bloomberg Business News  -  38 words
  • Article
    MARKET SUMMARY
    178 1 Stock market indices Thursday Change ST1I 2,***** -20.76 KLSEComp 981.37 -13.99 Nikkei 20.620.02 -9.01 Hang Seng 8.490 86 +35.94 SET Index 1.302.86 +5.41 Jakarta Comp 454.10 +0.41 CLSA China B 1.007.42 -4 18 Aust All Ord 1.962.2 -29.0 FTSE 100 2,964 4 +17.7 Thursday Previous 2 pm close
    178 words
  • Article
    Coopers settles Pan-El suit for undisclosed sum
    493 1  -  Price Waterhouse accepts out-of-court oiler from auditor By Joyce Quek, Ramesh Divyanathan SINGAPORE Auditor Coopers Lybrand. which was sued for SlO5 million for professional negligence in the collapse of Pan-Electric in 1 *■>S5. announced yesterday that it had come to a settlement on
    493 words
  • Article
    Dollar slips ahead of G-7 meet
    425 1 NLW YORK The US dollar fell against the Deutschemark and the >en in early trading yesterday as traders bet that leaders of the Group of Seven (G-7) industrialised nations would do little at their summit to bolster the flagging US current). Some analysts had
    425 words
  • Article, Illustration
    Lock icon Fed stand leaves regional markets unmoved
    148 1 SINGAPORE Regional stock markets yesterday ga\e a lukewarm response to the US Federal Open Market Committee's decision to leave its federal funds rate unchanged tor now. In Singapore, a 70-cent drop in key index stock hraser Neave helped drag the Straits Times Industrials Index
    Source: Bridge Info  -  148 words
  • Article
    Lock icon Dow up 17 points
    64 1 Reuter NtW YORK Stocks rose yesterday in a quiet market as investors waited for today's employment data for June and the start of the G-7 summit. At Ipm IiDT, in the broader market, advances led declines 11 to Bon NYSL volume of 144 million shares. The
    Reuter  -  64 words
  • Article
    Renong unit gets govt backing for its fibre optic network
    568 1  -  By Amy Balan SINGAPORE: lime Tclekom. a member of" Malaysia's powerful Renong group, v esterday marked its formal entry into the eountry's increasingly crowded telecom sector and immediately got strong official backing for its network. Minister for Lnergv. Post and
    568 words
  • Article
    Minister sets funds target of US$16b for Jakarta bourse
    479 1 THE Indonesian stivk market must aim to raise US$l6 billion (5524.3 billion) in funds even year more than six times the USS2.4 billion raised last Near through public oilers and rights issues. Indonesian I inance Minister Vlar'ie Muhammad set this goal
    479 words
  • Article
    Lock icon Bretton Woods report calls for currency bands to tame markets
    367 1 Reuter WASHINGTON A high-level independent commission yesterday called on countries to reinforce the fragile monetary system and tame the largely unfettered currency markets through trading hands. The Bretton Woods Coinmission. headed by former Federal Reserve chairman Paul Volcker. said countries
    Reuter  -  367 words
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      184 words
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      Page 1 Advertisements Column 2
      18 1 Advertising: p* Taboo issue gets an airing Plight of US dollar set to dominate G-7 summit. Pr 16
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      Page 1 Advertisements Column 3
      22 1 Hock Lock Siew: pg i(<j > A 257 rrr v Ml /oi nt-" 1, Bakrie as a teleconivjuiant jul Regional markets. Pages 24-28
      22 words
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      Page 1 Advertisements Column 4
      106 1 Line: k> JSHiepublicans fight back MIKIMOTO The Originator of Cultured Pearls Eng Wah launches offer of 30m shares, Page 17 ALFRED DUN HILL aH A I §M: Wm I I Ml I .-,i> 4 W I i r :jtm. r W I j j| JH&j 1 f imr* 5 I
      106 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Growing confidence
        318 2  -  By Genevieve Cua SINGAPORE'S retained imports grew per cent in real terms in May. compared with 12.4 per cent in April. Economists say this growth is encouraging, given iasi year's wide base. Retained imports that is. imports less re-exports grew 30 per cent in May last year and
        Source: Dept of Statistics  -  318 words
    • Article
      MRTC revamps staff structure to be more on track
      197 2 THE Mass Rapid Transit Corp is banking on better-trained staff to make its thrust into transport planning and the region a success. The statutory board has formed a committee to direct human resource management and has reorganised its staff structure to
      197 words
    • Article
      Apology
      145 2 In our Law page yesterday, we published an apology to the law■ firm of Ho. Hong A Partners' I 'njbriunately. a s a result of a mix-up. the apology published was a draft version and not the one mutually agreed upon The version which should have appeared is published
      145 words
    • Article, Illustration
      Entrepreneurial spirit alive among S'poreans
      403 2  -  Low profile of local entrepreneurs gives wrong perception: Cheow Tons By Jennifer Lien SINGAPORE lacked neither entrepreneurs nor entrepreneurial spirit. Trade and Industry Minister Yeo Cheow l ong said yesterday. The low profile of our entrepreneurs has given many people the wrong pereeption that Singapore
      403 words
    • Article, Illustration
      Lock icon Park Mall to shed fashion togs to become home furnishings centre
      556 2  -  By Corinne Kerk IN A MOVE to beat the retail blues. Park Mall will switch from fashion retailing to what it sees as a more lucrative furniture and furnishings niche market. Owned by Wing Tai Holdings, it will start
      Photo by Arthur l.ee  -  556 words
    • Article
      Lawnet computer system automates legal searches
      262 2 CHECKS on whether a company or an individual owes money from law suits can now be done through computers linked to Singapore Network Services. Previously, a search on such debtors had to be done by making an application in the Subordinate Court, which did
      262 words
    • Article, Illustration
      HBO to start pay-TV channel in Indonesia
      369 2  -  US-based broadcaster to transmit direct-to-home by November By Juliette Walker US-BASED pay-TV broadcaster Home Box Officc will launch a direct-to-home movie channel in Indonesia by November, giving it access to about 750,000 homes with their own satellite dishes. The move could give a
      369 words
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      Page 2 Advertisements Column 1
      32 2 Epson Makes Business A Pleasure. EPSON ERA Investment Opportunity Seminar on BRISBANE ERA Realty Network Pte Ltd r>() Orch.ml Road, *20-00 Shaw I louse, Singapore o<)2 5 Tel: 22f> 2000 Fax: 220
      32 words
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  • SOUTH-EAST ASIA
    • Article
      Hanoi launches 1st phase of US$1.4b trans-Vietnam railway
      420 3  -  From Harish Mehta in HO CHI MINH CITY VIETNAM has launched the first phase of an ambitious USSI.4 billion (SS2.I billion) railway that will run some 2.000 kilometres from the country's north to the south, and it welcomes foreign firms to bid
      420 words
    • Article, Illustration
      Lock icon Coup leaders planned to replace Sihanouk: Hun Sen
      344 3 AFP Reuter PHNOM PfcNH I he organisers ot* Cambodia's failed weekend coup planned to establish a new government and appoint a new head of state to replace King Norodom Sihanouk. Second Prime Minister Hun Sen said yesterday. He said the admission followed
      AFP; Reuter  -  344 words
    • NOTE BOOK
      • Article
        Lock icon M'sia, Taiwan sign tax pact
        76 3 Bernama MALACCA Malaysia and laiwan signed an agreement on double taxation exemption recently. Minister of International Irade and Industry Katldah \/i/ said here yesterday. Investors from the two countries now need not worn about being taxed twice by their respective governments when the> take their
        Bernama  -  76 words
      • Article
        Lock icon KL to get European Business Centre
        89 3 Bernama kl \l A LI MPI R A l.uropcan Business Centre will be set up here before the end of the year to provide on-line business data to Malaysian and l.uropcan companies keen to trade or invest in each others' markets. Data on pricing,
        Bernama  -  89 words
      • Article
        Lock icon Citroen to supply Proton with kits
        72 3 Bloomberg Business News PARIS Prench carmaker Citroen has signed a tentative agreement to supply assembly kits to a Malaysian carmaker planning to build 50.000 subcompacts a year by the end of the dccade. The value of the agreement between Citroen and Malaysia-based Perusahaan Otomobil
        Bloomberg Business News  -  72 words
      • Article
        Lock icon M'sia to hire 17,000 foreigners
        87 3 Reuter M ALA LL'MI'l K \lala\sia plans to hire slightly more than I foreigners to help alle\ iate the serious shortage ot" workers on its rubber and oil palm plantations, the Malaysian Hitsiiwss limes said \esterda\. I lie newspaper quoted Rural Development Minister Annuar Vlusa
        Reuter  -  87 words
    • Article
      Indonesia aiming for record US$5.4b in aid as donors meet in Paris
      346 3  -  From Leslie Lopez in JAKARTA INDONESIA began talks with its consortium of donor countries yesterday, confident of securing a record amount of aid. The Consultative Group for Indonesia, comprising 18 foreign governments and 13 aid agencies, began their
      346 words
    • Article
      Aussie group wins Indon land registration contract
      265 3  -  By Peter Osborne SINGAPORE An Australian consortium has won a AS 192 million (SS2II million) contract to develop a land registration system in Indonesia the first phase of a 25-year economic reform plan to registtr all the country's non-forest land. Australia's Minister for
      265 words
    • Article
      Lock icon KL to press civil servants to quit Al-Arqam group
      124 3 AFP KUALA LUMPUR The government is to step up its campaign against the radical Islamic group Al-Arqam by pressing civil servants who are members to quit. Officials said on Wednesday that the plan was part of a wider clampdown on AlArqam.
      AFP  -  124 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon China, N Korea act to boost trade
        92 4 Reuter BLUING Hie trade ministers of China and North Korea met yesterday to discuss ways to reverse a slide in bilateral trade. VVu "S i. China's Minister of Foreign Trade and Lconomic Co-opera-tion, met l.i Song Dae. chairman of North Korea's External l
        Reuter  -  92 words
      • Article
        Lock icon Shanghai bourse courts Japanese
        85 4 AFP lOKYO The Shanghai Securities Hxchangc plans to send a mission to Tokyo and Osaka next week to discuss Japanese investment in China and the listing of Chinese companies in Japan, a newspaper reported yesterday. The first large-scale mission abroad by China's biggest stock exchange will
        AFP  -  85 words
      • Article
        Lock icon Non-government Chinese bank mooted
        60 4 Reuter BEIJING The All-China Federation of Industry and Commerce said it has proposed setting up a non-government bank entirely owned by domestic shareholders. An official of the secretariat office said the bank would have capital of two billion \uan (*****.8 million), with funds from well-established local
        Reuter  -  60 words
      • Article
        Lock icon Taiwan's trade surplus falls
        56 4 AFP I AIPEI Taiwan's trade surplus dropped 28.9 per cent from a year earlier to U552.39 billion in the first half of this year. The finance ministry yesterday said said exports in the January-June period advanced 3.5 per cent to U5543.42 billion, while imports rose 6.3
        AFP  -  56 words
    • Article
      Lock icon China orders study on new post-1997 Parliament for HK
      367 4 Reuter BLUING A senior Chinese official, again denouncing the democratic reform Hill passed by Hongkong's legislature, has ordered an advisory body to study ways to put a new Parliament in the colony after it reverts to China in 1997. Vice-Premier and
      Reuter  -  367 words
    • Article
      Lock icon Beijing slams Taipei White Paper on political recognition
      299 4 AFP Bf.IJINCi China yesterday slammed a laivvan White Paper calling for political recognition of laipci and rejecting Beijing's concept of "one country. two systems" as a basis for unifying the two rivals. I he White Paper, released in I'aipci on l uesday.
      AFP  -  299 words
    • Article
      Lock icon Chinese economy healthy after last year's overheating: bank official
      314 4 UPI HONGKONG China's economy is healthy after recovering further in the first half of the year from last year's bout of overheating. The pro-China newspaper la kuni; Fao on Wednesday reported People's Bank of China vice-president Zhou Zhengqing as saving the
      UPI  -  314 words
    • Article
      Lock icon Difficult for China to rejoin Gatt this year: Sutherland
      277 4 Reuter SAO PAULO Negotiations on China's bid to rejoin the world trade body Gatt will be \ery difficult to conclude in IIW4l l W4 unless an accession protocol can be agreed by the end of summer. Gatt director-general Peter Sutherland said.
      Reuter  -  277 words
    • Article, Illustration
      Lock icon Li Peng gets a taste of Rhine wine
      107 4 Reuter BOPPARD, Germany Chinese Prime Minister Li Peng taking a drink of wine after a boat tour on the River Rhine on Wednesday. I.ooking on is his wife Zhu Lin. Ihe Chinese premier is on a six-day official visit to Germany. Mr
      Reuter  -  107 words
    • Article
      Lock icon US to sell Taiwan armoured gun systems for the first time
      311 4 AFP TAIPLI The United States has agreed to sell 700 XMB armoured gun systems to Taiwan for the first time, the Central News Agency (CNA) reported yesterday. "Although we do not ha\e an immediate demand for this type of
      AFP  -  311 words
    • Article
      Lock icon China's textile exports surge 30pc despite quota restrictions overseas
      322 4 AFP BEIJING China's textile exports surged to USSI 1.5 billion (SS 17.48 billion) in the first five months of this year, up 30.4 per cent on the same 1993 period, despite limits imposed by the industry's main overseas markets. China Daily
      AFP  -  322 words
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      1135 4 UJi FRASER AND NEAVE LIMITED (Incorporated in the Republic of Singapore) TO ALL HOLDERS OF WARRANTS 1994 OF FRASER AND NEAVE, LIMITED 8 July 1994 Dear Sir/Madam EXPIRY OF WARRANTS 1994 Holders of Fraser Neave, Limited Warrants 1994 ("Warrants"), which were issued in 1989 in conjunction with the Company's issue
      1,135 words
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  • REST OF ASIA
    • Article
      Lock icon South Korean economy grew 8pc in first six months
      369 5 Reuter SLOUL South Korea's economy grew an estimated 8 per cent in real terms in the first six months of 1994 and full-year growth will nearly match that rate. Deputy Prime Minister Chung Jai-suk said yesterday. Mr Chung, also economic planning
      Reuter  -  369 words
    • Article
      Lock icon Aussie manufacturers confident about 2nd half
      199 5 Reuter SYDNEY Australian manufacturing firms arc confident about prospccts for growth in the second half of calendar 1994 despite some weakening in conditions over the past three months, a survey has found. The Australian Chamber of Manufacturers June quarter survey found trends in production,
      Reuter  -  199 words
    • Article, Illustration
      Lock icon The one they call Bombay's Demolition Man
      61 5 BOMBAY GR khairnar (third from left), a civil servant who earned the nickname "Demolition Man" for his /eal in dislodging squatters, walking on a Bombay street guarded by heavily armed security men. Mr khairnar has become a folk hero for an anti-corruption campaign
      Reuter  -  61 words
    • Article
      Lock icon Foreign investment growing in Sri Lanka
      407 5 Results of coming polls unlikely to slow inflow of funds, say officials Reuter COLOMBO Foreign investment in Sri Lanka increased in the first five months of 1994 despite political uncertainty, the Tamil separatist war and a presidential assassination last year, officials said yesterday. And
      Reuter  -  407 words
    • ASIA NOTES
      • Article
        Lock icon Investors eye Pakistan thermal power
        128 5 AFP ISLAMABAD Pakistan's decision to open the thermal power generation industry to private enterprise has started paying otT. with foreign companies vying to invest in the key sector, officials say. About six joint ventures between local and foreign companies have been approved, while the first
        AFP  -  128 words
      • Article
        Lock icon Foreign investment up 64pc in S Korea
        89 5 AFP SFOL'L Foreign investment in South Korea surged 64 per cent on a year earlier to USS722 million during the first half of this year, the finance ministry said. Foreigners invested in 109 projects during the first six months to June, the ministry
        AFP  -  89 words
      • Article
        Seoul orders strike mediation
        118 5 SEOUL South Korea's Labour Ministry yesterday decided to try to arbitrate an end to an 11-day-long strike at a major shipyard, while workers walked out of a leading nylon yarn manufacturer. 1 he walkout by 2.000 workers at Kolon brought to at least a dozen industries
        118 words
      • Article
        Lock icon Two Indian research groups to merge
        70 5 Bloomberg Business News BOMBAY Two of India's leading market research agencies plan to merge, the Economic Times reported. They are Operations Research Group, owned by the Business India Group publishing house, and Market Research Group, owned by Titoo Ahluwalia and Dorab Sopariwala. With annual
        Bloomberg Business News  -  70 words
      • Article
        Lock icon Australia best on human rights
        105 5 Reuter SYDNEY Australia has the best record in the world in dealing with human rights abuses. Amnesty International said. Nonetheless Australia is far from perfect on domestic human rights especially in relation to Aborigines, homosexuals and boat people and in its response to human rights
        Reuter  -  105 words
  • Page 5 Advertisements
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      69 5 mm iBI 1 li^HHiß <Jt'- 1 <' j «3|HPLfIHr 4 :v AnVlrHr C wHIH wsHll§iii liil t L"-- v'■ I v Sp >Vjf^; >*i M jßßßSjfer-jy^> <*» ♦••*•< i*ti< L h i a., .v- ,»u Hn r V' A mm Cycle A Carriage Automotive Pte Ltd. Tel: *****22. Dealers Fulco
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  • FOCUS
    • Article, Illustration
      Acer prepares for global restructuring
      969 6 Impact of changes in information technology IAIPFI Few businessmen have worked harder to make Taiwan's products respectable than Stan Shih. The chairman of Acer Inc. Mr Shih has built the Taiwanese company from a small PC doner into a giant in 18 years. Along the
      969 words
    • Article
      Lock icon Japan aims to leapfrog past US on information superhighway
      640 6 Los Angeles Times TOKYO Management at Kiyoshi lida's workplace has urged workers to make the most of the office's new computer network, including using their personal computers to communicate with each other. There are a few problems, however. "My boss has
      Los Angeles Times  -  640 words
    • Article, Illustration
      Lock icon US copyright laws may change to cover on-line information
      425 6 Bloomberg Business News WASHINGTON Current US copyright laws might soon be changing to meet the conditions of expanding electronic and computer information services. A federal task force was scheduled to announce yesterday preliminary recommendations to change existing copyright laws to cover
      Bloomberg Business News  -  425 words
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      Page 6 Advertisements Column 1
      1688 6 ?0f UMBC Finance Ltd UMBC Incorporated in Singapore FINANCE WHOLLY OWNED BY UNITED MALAYAN BANKING CORPORATION BERHAD BALANCE SHEET AT 31 JANUARY 1994 4 loans amo advances i«4 ins Loans advances, hire purchase and lease receivables 137.555.65t 96,879 849 Note S$ S$ Less ASSETS Interest in suspense (472.821) (628 586)
      1,688 words
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  • THE WORLD
    • Article
      Lock icon Forest fires continue to rage in US
      145 7 Reuter LOS ANGELES Fires continued to rage across nine western US states on Wednesday, consuming about 60,750 hectares of land and dozens of buildings. Federal officials estimated that half the 34 major fires were contained, or near containment, but warned that the drought
      Reuter  -  145 words
    • Article
      Revitalised BBC gets govt approval to go global
      393 7  -  From Neville Stack in LONDON THL BBC has won government approval after its agonising overhaul and has been given the order to go global. Extending the British Broadeasting Corporation's eharter, whieh guarantees its operational independenee for 10 years, the government has also
      393 words
    • Article, Illustration
      Lock icon ...Meanwhile over 200 fires sweep Spain
      48 7 Reuter SERRATEIX, Spain A Spanish Civil Guard looking on as a fire rages on in Serrateix on Wednesday. Eighteen people have died and more than 120,000 hectares of land damaged in some 200 forest fires which have swept Spain since Sunday. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Clinton hints Poland will be among first to be in when Nato expands
      455 7 AFP Reuter WARSAW US President Bill Clinton said here on Wednesday that Nato would eventually take in more full-fledged members and hinted that Poland would be among the first. "I have always stated my support for the
      AFP; Reuter  -  455 words
    • Article
      Lock icon Trump, NS America sign Empire State Building pact
      142 7 Reuter NEW YORK The Trump Organisation said it and NS America, which is owned by Asian and European investors, have signed a joint venture agreement for the ownership of the Empire State Building for undisclosed terms. The new 50-50 partnership will be
      Reuter  -  142 words
    • WORLD WATCH
      • Article
        Lock icon UN Assembly's undersea mining pact
        84 7 Reuter WASHINGTON A wide-ranging pact that clears the way for increased mining of the world's deep-sea bottom will be signed at the United Nations General Assembly on July 29, the US said on Wednesday. The agreement, a long-argued part of the Law of the Sea
        Reuter  -  84 words
      • Article
        Lock icon US, N Korea resumes nuclear talks
        49 7 Reuter GhNEVA The US and North Korea are set to resume a dialogue today interrupted for almost a year by a tense dispute over Pyongyang's nuclear programme. The talks will pick up where the last round left off in Geneva last July. Reuter
        Reuter  -  49 words
      • Article
        Lock icon California to set up insurance pool
        83 7 Reuter LOS ANGELES California is likely to set up an insurance pool to spread the costs of natural disasters and avert a looming shortage in the availability of homeowner's insurance, government and industry sources said. "There is a great sense of urgency to pass
        Reuter  -  83 words
      • Article
        Lock icon Andreotti's mafia trial in October
        65 7 AFP ROME Veteran seven-time prime minister Giulio Andreotti will stand trial Oct 19 charged with membership of the Sicilian mafia, judicial officials said yesterday. The announcement came two days after Gian Carlo Caselli. a public prosecutor in Palermo, for the first time accused the former
        AFP  -  65 words
    • Article
      Lock icon IBM to terminate competition accord with EU
      310 8 Reuter BRUSSELS US computer giant International Business Machines Corp yesterday said it would terminate a 1984 accord that settled a European Commission competition investigation of the company. IBM agreed in the "undertaking" with the Commission to supply information to rivals on product attachments,
      Reuter  -  310 words
    • Article
      Lock icon Bonn leading Europe's push into Asia
      563 8 IHT BONN lhe German government lias begun a concerted effort to turn Europe's foeus towards Asia in order to benefit from the world's most economically dynamic region and to dispel oriental fears of l uropean protectionism, said German and European officials. Bonn's policy, highlighted
      IHT  -  563 words
    • Article, Illustration
      Lock icon Hot 'live-stock' fails to rise
      56 8 Reuter NAHSHOiN, Israel Thousands of people surrounding a hot-air balloon shaped like a cow, measuring 25m high and 66m long, at an international balloon competition here on Wednesday. Ihe balloons, including the one shaped like a parrot in the background, failed to take off because
      Reuter  -  56 words
    • Article
      Lock icon World's economic growth hit if leaders meddle, warns UN
      586 8 AP Reuter UNI I ED NATIONS World output is rising at its fastest rate in five years, hut the economic growth could he threatened it' global leaders act rashly to firm up financial markets, according to a new UN report. The
      AP; Reuter  -  586 words
    • Article
      Lock icon EU attacks Tokyo's market reform package for being soft on vested interests
      156 8 Bloomberg Business News BRUSSELS The European Commission criticised as inadequate a Japanese proposal to reduce some of the red tape that prevents foreign companies from entering the Japanese market. The proposal, announced yesterday in Tokyo, seeks to ease
      Bloomberg Business News  -  156 words
    • Article
      Lock icon Wall Street builds bridge to Tel Aviv, sensing profit from Arab-Israeli peace
      421 8 Bloomberg Business News TEL AVIV Wall Street investment banks and advisers arc coming to Israel in the wake of its peace accord with the Palestine Liberation Organisation. Lured by the scent of gov-ernment-asset sales. Arab-Israe-li joint ventures and
      Bloomberg Business News  -  421 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
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      60 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 2
      548 8 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF S.TAIYO TRADING COMPANY PTE LTD (In Mwibtn' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Chapter SO. that a Final General Meeting of the abovenamed Company will be held
      548 words
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      Page 8 Advertisements Column 3
      253 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ASSOCIATED GRANITE QUARRY PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HERESY GIVEN pursuant to Section 308(1) of the Companies Act. Chapter SO. that a Final General Meeting of the abovenamed Company will be held at
      253 words
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  • SPORTS
    • Article
      Lock icon And the logic of the Cup? None, really
      530 9 World Cup finals NYT NEW YORK The World Cup quarter-finals have arrived. and the only three triple champions are still alive. Brazil, Italy and Germany have each won the trophy three times, and perhaps their presence in the final eight is testimony
      NYT  -  530 words
    • Article, Illustration
      Fifa's decision on drug abuse raises serious questions
      729 9  -  By Shahiron Sahari SINGAPORE Barely a week after the infamous Diego Maradona drug scandal comes the hardly earth-shat-tering news from Buenos Aires that drug-taking is rife in Argentine football. The Coleccion Deportiva newspaper reported that 63 per cent of 209 first division
      729 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon World Cup
        359 9 AFP AFP AFP DAI.I.AS Brazil left-hack Leonardo, sent o!T for elbowing US midfielder Tab Ramos in the face in Monday's 1-0 win. was banned for four matches on Wednesday. Fifa's disciplinary committee obviously wanted to make an example and the suspension means he would miss the World C
        AFP  -  359 words
      • Article, Illustration
        Baseball
        75 9 NEW YORK Major l eague on Wednesday American: Detroit 2 Chicago 6; Boston 6 California 10; Baltimore 5 Seattle 4; NY 2 Oakland 4; Minnesota 5 Toronto 4; Kansas City 3 Milwaukee 4; Texas 4 Cleveland 13. National: Chicago Colorado 7; San Diego 5 Philadelphia 2: Atlanta I Pittsburgh
        75 words
      • Article, Illustration
        Lock icon Olympics
        86 9 Reuter BLUING China yesterday said its doping control centre has been recognised as the best in Asia for the sixth consecutive year by the International Olympic Committee (IOC). I he official Xinhua news agency said the lOC had graded China's centre as Phase 1. while the only other two
        Reuter  -  86 words
      • Article, Illustration
        Tennis
        59 9 GSTAAD, Switzerland *****5.000 ATP lour 2nd rd Wednesday denotes seeded player): Thomas Muster (Aus x 3) b Javier Sanchez (Spn) 6-4 6-0; Marcelo Rios (Chi) b Alberto Berasategui (Spn \4> 4-6 6-3 7-6 <7/1); Andrea (iauden/i (lla) b Ccdric Piolinc (Fra x 5) 6-1 3-6 7-6 (7/1); Ycvgeni Kafelnikov
        59 words
    • Article, Illustration
      Lock icon Burrell recaptures 100 m world record
      417 9 AP LAUSANNb, Switzerland American sprinter Leroy Burrell recaptured the 100-metre world record with a time of 9.85 seconds on Wednesday, slicing one-hundredth of a second off the previous best of his teammate Carl Lewis. It was a brilliant comeback for the 27-year-old who failed
      AP; Reuter  -  417 words
    • Article, Illustration
      Lock icon Woosnam comes back two strokes behind Twitty
      382 9 Goll AFP GLEN EAGLES. Scotland lan Woosnam came out of his recent career slump and was back in overdrive, just two strokes behind first-round leader Howard Twitty of the US after the first day's plav in the £600.000 (SSI.4 million) Bell's Scottish Open
      AFP  -  382 words
  • Page 9 Advertisements
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      890 10 Nothing BeatsA Bud* IB fffi'ifl wher e TO wine, dine and entertain OK fresh! .PASTA DAI LY. From Pasta Fresca. The only restaurant to make its own specialty pasta. Fresh. everyday. Savour perfect pizza, great y" gelati and terrific tiramisu. All topped with Italian hospitality. Pasta fresco Da Sotvotoce Pte
      890 words
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      Page 10 Advertisements Column 2
      45 10 Saturday Spectacular I International Buffet I (12.00pm I Catch them in explosive action tonight! I M Furama Hold Level 3 60 Eu Tong Sen Street Slnjapcra 0105 Tel 533 3888 Sun Tfcurs spm 2 am, Frl. Sat F»e ot Holidays spm- 3 am v«fWlli' l
      45 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Andrew and two angry women
      1104 11 Sunset Boulevard may be a success for the maestro of musicals, but tensions run high backstage NYT PATH Lu Pone's comment the other day about Andrew Lloyd Webber was terse and scathing: "I have nothing nice to sav about the man, so I choose to
      NYT  -  1,104 words
    • Article
      SPH and the Phantom
      454 11  -  Meanwhile, the Singapore stage is set for a lavish Lloyd Webber musical next year, reports Susan Tsang Susan Tsang THE Phantom of the Opera will materialise in Singapore next February. thanks to a speedy move by the Singapore Press Holdings group to sponsor the mega-musical as
      454 words
    • Article, Illustration
      Lock icon Whitney Houston's second labour of love
      546 11 CHATTERBOX AP AP UPI WHITNEY HOUSTON is expecting her second child, and she wanted a few thousand of her closest friends to know it. Houston spilled the news during a concert on Tuesday night at the Omni arena in Atlanta. She brought her singerhusband.
      AP; UPI  -  546 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      178 11 Integration Techniq U6S Pte Ltd personal communication system [OTA r> telephone exchange is an idec.l solution tor small ij I/All outnesses as well as your home Star 208 provides connection for 2 tel lines 8 extensions j Star 416 provides connection tor 4 tel lines &16 extensions For Business surges
      178 words
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      Page 11 Advertisements Column 2
      68 11 32 Keppel Bank of Singapore Limited ANNOUNCEMENT Foreign Shareholdings Pursuant to article 44 (4) of the Bank's Articles of Association. Keppel Bank of Singapore Limited hereby announces that as at 30 June t994, the percentage of foreign shareholdings in its issued share capital was 8 72% This includes the shareholdings
      68 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1281 11 I TV RADIO Dangerous w ho to hora poisonous Goodman Sands. m *4 HNKBkA Temple SBC Lollipop. she _}^MMMBiM gone on to other pursuits with Madchcn Amick plays a transvision >amp who nets dressed to some degree of suecess. kill literally in I'm Dangerous Tonight, 11pm. SBC 5 epp Channel
      1,281 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      The battle to be Number One
      1111 12 Amid a recession and huge advertising and promotion costs. Unilever is waging a global war to increase market share TO THE outside world, it wus hilled as the soap story of the century: By earIv 1994. Unilever, the Anglo-Dutch company that has made brighter
      1,111 words
    • Article
      Lock icon Campaign in US to bring more attention to incontinence
      662 13  -  A once taboo issue will come out of the closet in the US when a TV ad campaign begins. Glenn Collins reports Glenn Collins NYT WHEN the K i m be r 1 v Clark Corp first had the effrontery to
      NYT  -  662 words
    • Article, Illustration
      Cashing in on the caning
      361 13  -  Jennifer Lien looks at some products inspired bv the Michael Fav episode Jennifer Lien THE Singapore entrepreneurial spirit seems to be alive and kicking at Soaring Eagle Enterprise. I lie company quick to cash in on the Michael l ay affair, has produced a range
      361 words
    • Article
      Lock icon Philip Morris gambles on brand loyalty
      544 13 The Economist IT IS the ill-fortune of Philip Morris to find itself on the cusp of two of American business" biggest troubles: the malaise of brands, and the national revolt against tobacco. Either would be enough to wound a company, even one as big
      The Economist  -  544 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      97 12 hotels Sheraton the for you to free our Sheraton make special membership privileges, free air travel and hotel stays at participating ITT Sheraton hotels. ITT Sheraton is proud to offer AT&T in most rooms for easy aeeess g*/ and reliable reasonable priees. To reach AT&T, just dial: AT&T U^EX^^vwcluß Japan
      97 words
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      Page 12 Advertisements Column 2
      179 12 I 1 Invest in Vancouver NOW Guaranteed 7 Rental King George Park is one of the biggest developments in Surrey's City Centre. Phase I is already completely sold out. PHASE n SOMERSET HOUSE NOW OPEN EXHIBITION Offered for the first time to Singapore THIS investors, Somerset House at King George
      179 words
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  • Page 13 Advertisements
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      214 13 WOULD YOU LIKE TO KNOW BESS HOW THE LECACY BECAME THE BEST SELLING POWER 2-LITRE CAR IN P*otect.OH The boxer engine is one reason of B Naturally such a powerful and fast course. Il offers greater power anil car needs to offer maximum safety. ri (HONDA, TOYOTA, MITSUBISHI HAZDA CERTAINLY
      214 words
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  • Article
    G-7 mustn't ignore the markets
    516 14 EDITORIAL ALL THE cvidcncc suggests that it's going to be a sprawling agenda. When the leaders of the Group of Seven industrial countries meet lor their annual summit in Naples, beginning today, it looks as though they will attempt to solve all ol the world
    516 words
  • WHAT THE OTHERS SAY
    • Article
      Action in the antechambers
      222 14 NOTHING DRAMATIC is expected from this weekend's Group of Seven (G-7) summit in Naples, especially since almost all the leaders this time Germany's Chancellor Helmut Kohl being an exception, perhaps are distracted by domestic political and economic concerns. As with many high-level meetings, the real action
      222 words
    • Article
      Lend Vietnam a hand
      225 14 VIETNAM is a new member of the Pacific Economic Cooperation Council (PECC). This is historic. It shows that 17 member-countries of the council, including Asean, are convinced that Vietnam is ready tor change, at least in terms of economic development and cooperation. Vietnam has undergone a
      225 words
    • Article
      Boosting Sino-German ties
      128 14 CHINESE PREMIER Li Peng's visit to Germany shows that China wants to increase its political and economic cooperation with Germany. 1 here are two reasons for this. The first is that Germany has not only risen to become an economic superpower, with influence surpassing that of Britain
      128 words
    • Article
      Disentangle the red tape
      131 14 AN URGENT NEED to unravel bureaucratic red tapeis not peculiar to Malaysia. Governments the world over seem saddled with lumbering bureaucracies which are now at odds in market-driven economies where the major contributor is the private sector. Governments now realise the need to keep their economies
      131 words
    • Article
      Work hard to regain glory
      176 14 LOOKING AT the splendid performances of South Korea and Saudi Arabia in the World Cup, we wonder where Indonesian soccer now stands? Decades before the Koreans became the powerhouses of soccer in Asia, and even longer before the Saudis who poured in pctro-dollars to try
      176 words
    • Article
      Loud and clear message
      140 14 THE JAILING of businessman Ch'ng Poh on a conviction of defrauding his own company ot HKS127 million is a positive sign that the courts are taking white-collar crime very seriously. Shattering though it will be for the individual and his family, the sentence handed down by
      140 words
  • Article, Illustration
    Lock icon Coping with the challenges of the global village
    834 14  -  Jean-Claude Paye says the OECD has a vital role to play in shaping the global economy of tomorrow in a rapidly changing and shrinking world Jean-Claude Paye The writer is secretary-general of the Organisation for Economic Cooperation and Development IHT CHANGE can
    IHT  -  834 words
  • Page 14 Advertisements
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      97 14 PULL cv€.f?pi_n i nvg.R 9>incc. V*OV-\CN VCXVO P\ 6€ATlfuL QUIOC UJWPiT FO* POO.S COmihC ITS SIR P\CCORO ING To TH£ PR€XXD&MC.e \jp BG-tftNO 05... J RCGtNPM-D CODE. U£.vt OV£J3. FIRT*!S j E^IGH T QF J rouNPe.^ C ASSOCIATE!} NEWSPAPERS LTO mjlM4 9J.J4 POONESBURY GARRY TRUDEAU SUPS,BUT YOUKMCW, SAFETY 50 KXJDONTPBCFUTT
      97 words
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  • ANALYSIS
    • Article, Illustration
      Fazed by Asian leapfrogging in the skies
      1767 15  -  A new US government report focuses on the ability of Asian companies to use American aeronautics technology, improve on it. and then compete with US manufacturers. Leon Hadar examines highlights of the report, which could result in restricted transfers of technology Leon Hadar
      1,767 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      18 15 PORT \fjjj- SHOTS The latest in sea,air and land transportation Shipping Times Monday to Friday rp Business Times
      18 words
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      Page 15 Advertisements Column 2
      44 15 We are open for business as USUAL DURIN6 THE RENOVATION of Dynasty Hotel Please use our side entrance Openinc Hours 7pm 3am Happy Hours Weekdays 7pm 9pm Weekends 7pm Bpm Basement, Dynasty Hotel, 310 Orchard Road, Sincapore 09*3 Telephone 738 8887 Fax 334 3611
      44 words
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  • Article
    Lock icon Vietnam to tap global capital markets for US$3b
    542 16 AFP Reuter HANOI Vietnam is planning to tap international capital markets for the first time in order to raise up to USS3 billion (554.56 billion) by the end of the eentury. "From selling government bonds, we hope to raise between USS2 billion
    AFP; Reuter  -  542 words
  • Article
    Lock icon Indonesia to stop sending domestic maids abroad
    184 16 Reuter JAKARTA Indonesia, which sends hundreds of thousands of its women abroad as domestic servants or maids, yesterday said it would stop the practice because many were being exploited or treated improperly. In a recent study the International Labour Organisation (ILO) said that
    Reuter  -  184 words
  • Article
    Plight of the US dollar set to dominate G-7 summit
    429 16  -  From Anthony Rowley in NAPLES THL plight of the US dollar has usurped other international issues for priority in economic discussions at this year's Group of Seven summit meeting which starts today in Naples. Finance ministers of the seven leading
    429 words
  • Article, Illustration
    Lock icon Arafat vows to delete Palestinian charter's call for Israel's destruction
    398 16 AP Reuter AFP PARIS Yasser Arafat yesterday promised to convene the Palestine National Council in Gaza "in the very near future" to delete parts of the Palestinian charter that call for Israel's destruction. The amendments were called for in the
    AP; Reuter; AFP  -  398 words
  • Article
    Lock icon US task force suggests extending copyright laws to include on-line info
    471 16 Bloomberg Business News WASHING I ON A federal task force yesterday recommended that existing copyright laws he changed to protect information travelling on computer on-line networks. The changes would affect information exchanged over Internet, the main network linking other
    Bloomberg Business News  -  471 words
  • Article, Illustration
    Clinton's health-care plan: Republicans fight back
    866 16  -  The Bottom Line YEONG WAI CHEONG YEONG WAI CHEONG Ihe writer is a principal of Kaufman. Diamond Yeont>. a I 'S-based economic and investment research firm He contributed this commentary to HI HI \LIH-C ARi; reform is a political battle which dwarfs most other
    866 words
  • Article
    Lock icon US Marines sailing towards Haiti as officials confirm invasion rehearsals
    336 16 Reuter 1 WASHINGTON United States Marines yesterday I hoarded warships to sail for waters off Haiti as Pentagon officials confirmed that elite American forces had rehearsed tor a possible invasion to oust Haiti's militar> leaders. The 2.(XX) Marines boarded the
    Reuter  -  336 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      67 16 vj| Hush Puppies America's most comfortable shoes Jh Licensee: Browning Sports Far East Pte Ltd TH 474%00 Singapore Kuala Lumpur NGEE ANN OOEON TOWERS MENARA IMC CITY (Opp Raffles ij (Opp Shangri-La Hotel) (Orchard Road) Hotel) A QUALITY INSTANT OFFICES Tel 65-*****43 Fax 65-*****76 Mrcentre If you just want a
      67 words
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      Page 16 Advertisements Column 2
      10 16 W all Street builds bridge to lei Aviv. Pg 8
      10 words
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      Page 16 Advertisements Column 3
      19 16 Hush Puppies America's most comfortable shoes Licensee: Browning Spurts Kar Kasl Pie Lid TH 474%00 CLEARANCE SALE AT VERVTovvprices!
      19 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Eng Wah launches 30-million-share offer
      454 17  -  Singapore's new share issues By Claire Leow SINGAPORE Cinema oporator and film distributor l:ng Wah Organisation yesterday launched 30 million shares for listing on the main hoard, hall" at a fixed price of 65 cents apiece and the rest by tender at or above 65
      454 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        44 17 Mixed \li/i kit \h <otl' mdn ates the hkel i tradim: sentiment today, hue Jon lookers pittled hi \e\lerdtn (hennaht events max niter sentiment Hrokers (tolled Harinns. Daiua I raser. (»A iioh Kai Hum (<>. \omura Philip. Smith \«u Court and SO Marhurs;
        44 words
      • Article, Illustration
        HOT STOCK
        125 17  -  By Quak Hiang Whai Mulphu International has been losing strength after briefly testing resistance at 52.50 last month. The priee pattern of the stock very much the same as other Clob-traded counters is displaying some bullish divergence in the short term. lhe daily RSI and daily stochastics are
        125 words
    • Article
      Super Coffeemix expected to be the most successful among 4 new issues
      767 17  -  By Shiv Taneja SINGAPORE Of the four initial public offers hoping to raise about SBB million that are currently open for subscription. instant beverage manufacturer Super Coffeemix is likely to be the most successful with investors, according to
      767 words
    • Article
      Smith New Court pioneers IPO role for brokerages
      145 17 SINGAPORE Smith New Court, the first stockbroking firm here to lead-manage and underwrite an initial public offer (IPO), said yesterday that it had a handful of such offers in the pipeline. Yesterday Smith New Court launched its first IPO for the Eng
      145 words
    • Article
      Bakrie — telecoms giant in the making
      766 17  - Bakrie telecoms giant in the making ;t ,if "'TpjfMrl B> William Chia JAKARTA Indonesian conglomerate PT Bakrie Brothers has raised a lot of eyebrows with its plan to raise 1.23 trillion rupiah (SSB6I million) through a rights issue. hirst, the 18-for-five issue, which will be traded this month, is not
      766 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          S'pore Computer appoints new director
          93 18 SINGAPORE Ihercsa I vh> lias been appointed a director of Singapore Computer Sv stems. She replaces Ho Clung who resigned vesterday. Ms hoo is also chiel executive ol Standard Chartered Hank Singapore, which provides hanking services to SCS. lo avert an> possible conllict ol interest.
          93 words
        • Article
          OUB rights issue 99.4 pc subscribed
          82 18 SINGAPORE Overseas Union Bank said its onc-for-five rights issue, which closed on Julv 1. was 99.4 per cent subscribed bv local shareholders. Ihe bank offered the new shares at 54.50 apiece for locally registered holders and 54.60 for foreign shareholders. OUB said acceptances from
          82 words
        • Article
          Lock icon Maybank applies to set up Indon bank
          74 18 Bernama KUALA LUMPUR Vlaybank lias recently submitted the necessary application to Indonesia's central bank for the establishment of a eommercial bank in the republic on a joint-venture basis, chairman Mohamed Basir Ahmad said yesterday. Maybank has signed a memorandum of understanding with I*
          Bernama  -  74 words
        • Article
          Lock icon U-Wood revises purchase agreement
          106 18 Bernama KUALA LUMPUR U-Wood Holdings Bhd has entered into a supplementary sale and purchase agreement with Malakula lorest Resource L td of the British Virgin Islands to revise certain clauses in an earlier sale and purchase agreement. A U-Wood statement yesterday said the issue price of
          Bernama  -  106 words
        • Article
          Lock icon KFC gets nod for Region stake
          100 18 Bernama KUALA LUMPUR KFC Holdings announced yesterday it has obtained the Foreign Investment Committee's approval for the acquisition of a 70 per cent stake in Region Foods Industries Sdn Bhd. In a brief statement to the Kuala Lumpur Stock Exchange. KFC said all relevant
          Bernama  -  100 words
      • Article, Illustration
        Inno-Pac executive gives evidence in trial of 2 former directors
        253 18 SINGAPORE An InnoPacific Holdings executive gave evidence yesterday at the trial of two former directors of the company who are charged with criminal of breach trust. Inno-Pac's company secretary and general manager for corporate affairs. Lionel Tseng, spoke about various
        253 words
      • Article
        CCM directors to buy out Imperial Chemical's stake
        341 18  -  From Ho Kay Tat in KUALA LUMPUR IHREE local executive directors of Chemical Company of Malaysia Bhd (CCM) will undertake a management buyout of the firm via the acquisition of the 50.1 per cent stake held by UK based Imperial Chemical Industries
        341 words
      • Article
        Cash's Prajogo units reveal growth plans
        598 18  -  By Agnes Chen SINGAPORE The timber companies at the centre of a M 52.6 billion (551.52 billion) reverse takeover of Construction Supplies House Bhd (Cash) by Indonesian timber baron Prajogo Pangestu. revealed on Wednesday their expansion plans and profit targets for the next two
        598 words
      • Article
        Parkway denies rumours of Gleneagles listing
        154 18 SINGAPORE Parkway Holdings yesterday quashed market rumours that it planned to list its wholly owned subsidiary. Gleneagles Hospital. Replying to a query from the Stock Exchange of Singapore. the property and healthcare group said there was no immediate plan to float Gleneagles. The query
        154 words
      • Article
        UNIT TRUSTS & FUNDS
        510 18 UNIT TRUSTS FUNDS Manager*' pricct Jul 8 UMB Invest Mgt Ltd Singapore Unit Trust 1 !,h i'o» The Commerce I 58 1.6* I ntlcd (ir Fund 1.62 l.WI rhc Savings Fund 14* 1.58 I ntlcd Asia Fund I S 7 l.6?« S'porc Prog Fund 067 O.'l 1AI1 s'porc See Fund
        510 words
      • Article
        Scotts buys 33.3 pc of UK-listed Casman
        155 18 SINGAPORE Retail and property group Scotts Holdings lias acquired an indirect interest in a I'm ted Kingdom-listed company. Scotts said its wholly owned subsidiary Grcenpark Investment (Guernsey) had bought a 33.3 per cent stake in Casman Investments, a company incorporated in the British
        155 words
      • Article
        Telecom's strategy in cracking foreign markets
        295 18 SINGAPORE Singapore telecom's strategy to crack foreign markets is to focus first on mobile communications such as pagers and handphones, then on infrastructure projects, says the chief executive of Singapore Telecom International. Sung Sio Ma. In an interview published in Telecom's house journal kcylincs.
        295 words
      • Article
        Jaya extends Sanergy link with 49pc stake in tug unit
        205 18 SINGAPORE Marine group Jaya Holdings has paid M 56.57 million (553.86 million) tor a 49 per cent stake in the harbour tug arm of Malaysia's Sanergy Marine. The move into Sanergy l ug Services is Java's second joint venture with
        205 words
      • Article
        Is your company's annual report outstanding?
        257 18 SINGAPORE The search is on for outstanding annual reports for 1994. Launched yesterday, the 21st Annual Report Award Competition will focus on areas such as value-added statements. productivity indicators, audit committee activities and update on social responsibilities. This is in addition to key features
        257 words
      • Article
        Lock icon Furama expects profit to top forecasts
        405 19 Bloomberg Business News HONGKONG Buoyed by rising demand for rooms in its two Hongkong hotels, Furama Hotel Fnterprises says it should be able to exceed an average of analysts' profit expectations when its results are released today. Securities houses on average are predicting Furama
        Bloomberg Business News  -  405 words
      • Article
        Lock icon Siam Cement, Asahi spending 3.7b baht to upgrade picture tube plant
        176 19 Bloomberg Business News BANGKOK Siam Cement pic, Asahi Glass Co and International Finance Corp will invest 3.7 billion baht (SS22O million) to expand production of picture tubes at their Thai joint venture, Siam Asahi Technologies Co. Siam Cement said
        Bloomberg Business News  -  176 words
      • Article
        HK business lauds Bill giving SFC more clout
        189 19 HONGKONG The business community has given a warm welcome to the passage of a Bill giving the Securities and Futures Commission (SFC) greater powers of corporate inspection. The South China Morning Post yesterday reported that the Securities and Futures Commission (Amendment) Bill
        189 words
      • Article
        Tsingtao loses favour in China beer market
        189 19 HONGKONG Tsingtao Brewery was the toast of the town when its shares listed in Hongkong last July. But one year on, China's favourite beer has lost its favour with investors as foreign competitors are about to penetrate its domestic market. Brought to the
        189 words
      • COMPANY BRIEFS
        • Article
          Lock icon Thai telecom firm's listing debut
          81 19 Bloomberg Business News BANGKOK Diversified telecommunications firm Jasmine International pic made its listing debut yesterday on the Stock Exchange of Thailand. Jasmine shares opened at 350 baht, fell to a low of 308 baht and closed at 320 baht. Shares had been trading in the
          Bloomberg Business News  -  81 words
        • Article
          Lock icon Daewoo-Loxley power plan in Laos
          99 19 Bloomberg business News BANGKOK Daewoo Corp of South Korea and Loxley pic of Thailand are planning to invest with the Laotian government in a hydroelectric power generation project in Laos. The Nation yesterday reported that most of the electricity produced by the plant, to be
          Bloomberg business News  -  99 words
        • Article
          Formosa's turnover up 19pc
          64 19 TAIPEI Taiwan's petrochemical giant, Formosa Plastics Corp. notched up interim turnover of NTS 15.4 billion (SsB66 million) for the first half of this year, a 19.38-per cent jump compared with a year earlier, company officials said yesterday. Formosa, a listed company with a capital of NTS
          64 words
        • Article
          Lock icon Cathay Cinemas, UK, US groups tie up
          107 19 Bloomberg Business News LONDON UK toy distributor to property group Wilton Group pic yesterday said it was taking a 25 per cent stake in a joint venture company set up to build and operate a chain of "multiplex", or multi-screen cinemas in Malaysia.
          Bloomberg Business News  -  107 words
        • Article
          Lock icon Sun Hung Kai Prop's sales up 46pc
          90 19 Bloomberg Business News HONGKONG The vice-chairman of Sun Hung Kai Properties Ltd. Hongkong's largest publicly traded real estate company, said the company's total property sales rose 46 per cent for the fiscal year ended June 30 this year. Property sales account for a
          Bloomberg Business News  -  90 words
        • Article
          Lock icon Remy expects higher earnings
          68 19 Bloomberg Business News PARIS Up-market drinks maker Remy-Cointreau SA yesterday said profits grew 24.5 per cent in its most recent fiscal year, that sales in the most recent quarter grew 9 per cent and that it expected higher profits this year. The company also announced a
          Bloomberg Business News  -  68 words
      • Article
        Lock icon HK's Wharf Cable to begin using optical fibre by year-end
        392 19 Reuter HONGkONG Wharf Cable I.id. Hongkong's onl> cahle television network, said it would begin hooking up its subscribers* homes to optical fibres bv the end of the vear. Despite its name. Wharf, a unit of Wharf (Holdings) Ltd currently transmits
        Reuter  -  392 words
      • Article, Illustration
        Lock icon Murdoch's stake sparks talk of a raid on Fairfax
        565 20 Reuter SYDNLY Rupert Murdoch's purchase* of a small stake in rival media group John Fairfax raised eyebrows yesterday as analysts caught scent of a possible raid on .Australia's oldest and most lucrative newspaper company. "Rupert Murdoch very, very rarely has a
        Reuter  -  565 words
      • Article
        Lock icon Eurotunnel to challenge duty-free ruling in High Court
        204 20 AFP LONDON The Channel tunnel operator Eurotunnel said on Wednesday it was taking its long-running battle against cross-Channel duty-free shops, authorised until 1999. to the High Court to seek a judicial review. "We challenge the principle of duty-free sales inside the European
        AFP  -  204 words
      • Article
        Lock icon Motorola to buy IBM's 50pc stake in Ardis network
        326 20 Bloomberg Business News SCHAUMBURG. Illinois Motorola Inc has signed an agreement in principle to buv IBM Corp's 50 per cent stake in the Ardis wireless data network. making it the sole owner of Ardis. Financial terms were not disclosed. Lincolnshire. Illinois-based
        Bloomberg Business News  -  326 words
      • Article
        Lock icon Western Mining shares slump on alumina deal
        483 20 Reuter MELBOURNE I he share priee ot' Australian resources group Western Mining Corp Holdings dived yesterday as investors took a negative view of its AS I billion (SSI. I billion) international expansion in alumina. But broking analvsts >aid the deal, announced on Wednesday,
        Reuter  -  483 words
      • Article
        Lock icon IBM considering revamp of personal computer business
        461 20 Reuter NEW YORK International Business Machines Corp is looking at reorganising its personal computer business, the IBM PC Co. as it strives to recover lost momentum and its PC industry market share, sources said on Wednesday. One move under consideration would entail moving
        Reuter  -  461 words
      • Article
        Lock icon Japan Tobacco's listing plan fails to spark interest
        355 20 Reuter TOKYO Japan's Ministry of Finance (MOF) is likely to struggle to list Japan Tobacco Inc (JT). the latest step in its privatisation drive, traders and analysts said yesterday. The MOF announced on Wednesday that it plans to list the cigarette maker
        Reuter  -  355 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Treasury bonds rescue China's ailing securities industry
        437 21 Reuter SHANGHAI China's oncedormant bond market has roared into life, becoming the favourite haven for funds pulling out of plunging stocks in Shanghai. Trading in government bonds has started to account for the bulk of turnover on the Shanghai Stock Exchange, official statistics
        Reuter  -  437 words
      • Article
        OCBC pays $6m for automation system
        168 21 SINGAPORE Digital Equipment Singapore has installed an islandwide branch automation system for OCBC Bank to help speed up customer service. The S6 million system will serve customers in 69 branches of companies in the group. Each has been equipped with a computerised nerve centre
        168 words
      • Article
        Australian insurer AMP joins Panin of Indonesia in A$100m venture
        346 21  -  By Peter Osborne SINGAPORE Australia's largest insurance and investment institution, Australian Mutual Provident Society (AMP), has joined forces with Indonesia's Panin Life Insurance Co in a AS 100 million (SSII2 million) joint venture, the largest financial services investment by an
        346 words
      • Article
        Lock icon Salomon expects US$200m 2nd-qtr loss
        202 21 Reuter NEW YORK Stung by losses in its stock and bond holdings. Salomon Inc has said it expected to post a net loss ot about USS2OO million (SS3O4 million) for the second quarter. The after-tax loss would be the largest ever reported by Salomon, whose
        Reuter  -  202 words
      • Article
        Lock icon Govt has received some offers for Bank Bumi: Anwar
        314 21 Bernama KUALA LUMPUR Several companies have submitted proposals to take over Bank Bunuputra Malaysia Berhad which is now fully owned by the federal government. Finance Minister Anwar Ibrahim, who disclosed this in the Dew an Rakyat (parliament) yesterday, said the proposals
        Bernama  -  314 words
      • SMALL CHANGE
        • Article
          Lock icon BNP aims for 25pc profit from Asia
          98 21 Bloomberg Business News HONGKONG Banque National de Paris wants its Asia business to contribute up to a quarter of its overall profits in coming years as it develops a merchant banking business in the region. "In the past. 10-15 per cent of total
          Bloomberg Business News  -  98 words
        • Article
          Lock icon Manila moves to contain liquidity
          88 21 Reuter MANILA The Philippine Central Bank has moved to contain liquidity and dampen inflationary pressures. Officials yesterday said they started placing banks" excess cash in a special deposit account earlier this week to prevent this from flowing into the system. The account earns slightly higher
          Reuter  -  88 words
        • Article
          Lock icon Schroders to take over Wertheim
          77 21 Bloomberg Business News LONDON Britain's Schroders pic will buy the remaining 50 per cent of its US investment banking affiliate. Wertheim Schroder Co. in a drive to expand its worldwide business. Ihe 176-year-old British investment bank, which during the past decade rose from a struggling
          Bloomberg Business News  -  77 words
        • Article
          Lock icon Philippine bank to boost capital
          63 21 Reuter MANILA Philippines' Metropolitan Bank and Trust Co (Metrobank) is to raise its authorised capital and increase the number of branches to meet growing demand as well as competition trom foreign banks. Officials yesterday said the bank's net worth reached 10 billion pesos on June
          Reuter  -  63 words
        • Article
          Lock icon Taipei bank to open HK branch
          65 21 Bloomberg Business News TAIPLI The state-run First Commercial Bank, one of Taiwan's largest commercial banks, will open a branch in Hongkong today. First Commercial Bank is one of several Taiwan banks opening Hongkong branches this year. Ihe branch will primarily serve Taiwan companies with
          Bloomberg Business News  -  65 words
        • Article
          Chinese insurer to set up life unit
          114 21 BLUING Chinas biggest state-run insurer is to set up a subsidiary specialising in life insurance to cash in on booming demand for such policies as living standards rise, the China Daily said yesterday. People's Insurance Co of China (PICC) president Li Yumin said
          114 words
      • Article, Illustration
        Market ignores gold as hedge against falling dollar
        567 22  -  From Neil Behrmann in LONDON LONDON Gold enthusiasts arc puzzled. I he US dollar lias plunged to a post-War low against the yen and is sliding in terms of Luropean currencies. Yet gold, which is regarded by many as a "safe haven"
        567 words
      • Article
        Lock icon European rubber consumers want Inro to intervene
        384 22 AFP SINGAPORE European rubber consumers yesterday called on the International Natural Rubber Organisation (Inro) to sell rubber from its stockpile to check surging prices. A spokesman for the European Union said in a statement that the Inro buffer stock had the opportunity to
        AFP  -  384 words
      • Article
        Lock icon US watchdog may support self-regulation of derivatives
        406 22 Bloomberg Business News WASHINGTON The Securities and Exchange Commission. having turned to the mutual fund and municipal securities industries for regulatory initiatives, may repeat this strategy in the US$l4 trillion (5521.2 trillion) derivatives market. Agency officials confirmed yesterday the SEC is discussing a
        Bloomberg Business News  -  406 words
      • Article
        Lock icon US$700m oil pipeline ready by 1998: Ramos
        213 22 AFP MANILA A proposed US$7OO million (SSI billion) pipeline, bringing oil and natural gas from an offshore field being worked by subsidiaries of the Royal Dutch Shell Group and Occidental Petroleum of the US. would be ready by 1998. President Fidel Ramos said
        AFP  -  213 words
      • Article
        Lock icon Iran considers wooing foreigners to invest in petrochem industry
        397 22 Bloomberg Business News TEHERAN Iran's Deputy Oil Minister has warned that the nation's petrochemicals industry will lose ground to its competitors unless the government acts to entice foreigners to make large-scale investments. Ahmad Rahgo/ar. who also heads the National Petrochemicals Industries
        Bloomberg Business News  -  397 words
      • Article
        Lock icon Exxon to invest US$650m in M'sian offshore gas project
        197 22 AP kl \LA 1.1 MPIIR An \mcrican company plans to in\est about US$65O million (SS*J7S million) in a Malaxsian offshore gas project. an executive said on Wednesday. Rob Fisher, operation manager of Isso Production Malaysia Inc. a subsidiary of Lxxon of
        AP  -  197 words
      • Article, Illustration
        Untitled
        1684 22 IhuU' \\i. iitbtnl >>uk\ uiL ulatod ua*.un\t htfi 14 hik/rnt iMHiut* Hast Yt-Ul IW i _i US$/S$ forward rates Noon July 7 ss Bid Offer I-month I M<N I 5.14 --month 1511! I 5206 t-momh I 5184 I 5I*W <vim«iih ***** ***** Source: FOREIGN CURRENCY NOTE RATES As at 9am
        1,684 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        111 22 THE Singapore dollar continued on its third day of record breaking streak, closing at 1.5205 yesterday. The Malaysian ringgit firmed against the US dollar, closing at 2.5970/75. Good offshore selling interest on the dollar is now seen at the 2.60 level. The Thai baht traded
        Source:  -  111 words
      • Article
        Lock icon London
        186 22 Reuter LONDON The dollar lost halt a pfennig on positionsquaring ahead of today's (iroup of Seven (G-7) summit and traders said enthusiasm for the currency was minimal. Conflicting comments kept the market guessing as to whether the summit delegates would address the dollar's decline as a special issue and
        Reuter  -  186 words
      • Article
        Futures decline amid poor refining margins
        176 22 Bloomberg ENERGY REPORT LONDON Brent crude oil futures declined amid conflicting US inventory reports and poor refining margins in Europe. Brent Blend futures for August settlement on the International Petroleum Exchange (IPE) lost as much as five cents to U5517.02 a barrel, while the
        176 words
      • Article
        Lock icon New York
        75 22 AFP NEW YORK The dollar regained some ground in calm early trading here yesterday due to technical factors ahead of today's June unemployment figures and the Naples G7 summit. Several minutes after trading resumed, the greenhack was at 1.5808 marks against 1.5770 marks at Wednesday's close and at
        AFP  -  75 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end steady ahead of US data
        1384 23 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended steady ahead of the June US non-farm payroll data due today. Dealers said there was some short covering and squaring of positions yesterday after the Federal Open Market Committee meeting ended on Wednesday without any
        Reuter  -  1,384 words
      • Article
        Rubber surges ahead of Inro move
        686 23 COMMODITY REPORTS Rubber Singapore: Rubber futures surged b\ the close on speculative busing and short covering ahead of possible International Natural Rubber Organisation (Inro) intervention selling. Brokers said sentiment was also boosted by strong gains in the Japanese markets, persistent Chinese rubber buvmg and
        686 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Oil industry stocks rise 1.7pc
          59 23 PARIS OECD's total May oil industry stocks increased to 2.486 million barrels, up 1.7 per cent from the previous month. April's stocks totalled 2.444 million barrels, increasing 1.6 per cent from March 1994 estimates. Middle distillate stocks experienced the highest increase of individual stocks, rising
          59 words
        • Article
          Indian coffee output unchanged
          46 23 NEW DELHI India's coffee output in the coming 1994-95 (Oct-Sep) coffee season is forecast at 177.920 tonnes, almost flat from the current year's 180.000 tonnes. The projection comes despite reports of unfavourable weather, leaf disease and pest attacks in some coffee-growing areas.
          46 words
        • Article
          ZVN expects lower beet sugar yields
          71 23 HAMBURG The northern German sugar group Zuckerverbund Nord (ZVN) expects smaller beet yields on reduced area for the 1994-95 (July-June) crop year, it said. ZVN said here on Wednesday that farmers who own and work with the group have reduced their beet area by
          71 words
        • Article
          China corn losing competitive edge
          73 23 HONGKONG Chinese corn is losing its competitive edge against US corn following recent falls in Chicago Board of Trade futures, traders said. "The spread between US and Chinese corn has narrowed to USS2-3 per tonne from a previous USSIO." a trader here said. South Korean
          73 words
        • Article
          Taiwan firm buys US soybeans
          54 23 TAIPEI Taiwan's Hui Shung group yesterday bought 39.000 tonnes of US soybeans C&F. traders said. Of the total. 30.000 tonnes of the soybeans were sold at 133.85 US cents per bushel over Sep futures on the Chicago Board of Trade. Another 9.000 tonnes was sold
          54 words
    • Article
      COMMODITY PRICES
      1570 23 Rubber Singapore Commodity Exchange (futures dosing as at 5.30tm) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 44 183.75 55 iTtio Sep 178 00 475 3500 Oct 171.50 171.50 171.50 125 3500 Nov 171 50 171.50 171 50 125 3500 Dec
      1,570 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        960 24 -29.0 SHARES tell sharply yesterday as investors reacted to a weak futures market and bearish sentiment about Western Mining Corps plan to raise funds. The key All Ordinaries Index tumbled to 1.962.2 points, down 29.0. The All Industrials fell 37.4 to 2.894.7, while the All Resources shed 23.0 to
        960 words
      • Article
        Manila
        497 24 1.43 Share prices staged a closing rally after largely quiet trading to keep the market up for the second straight day. with the oil counters upbeat. The Philippine Stock Exchange Index closed 1.43 points higher at 2.629.23. Turnover was 1.108 billion shares, worth 710.51 million pesos. "The index was
        497 words
      • Article
        Taipei
        609 24 -19.84 The Taiwan bourse posted minor losses in modest trading due to profit-taking yesterday, with textiles, banking and insurance shares the hardest hit. Ihe 374-issue Weighted Price index declined 19.84 points to close at 6,095.34. Turnover dwindled to 1.63 billion shares valued at NTS7S billion. compared to 1.94 billion
        609 words
      • Article
        New Zealand
        357 24 -17.88 The share market edged lower to end just five points off its year low mostly due to losses in selected leaders. Brokers said volume was improved and that the focus remained on leading shares, although there was a range of special situations in second line shares. The
        357 words
      • Article
        Seoul
        406 24 -7.77 Share prices ended mixed to weaker yesterday armd rumours that the government would tighten fiscal policy on fears of inflation, brokers said. lhe Composite Price Index fell 7.77 points to 945.71. Trading was languid with turnover shrinking to 40 million shares valued at 800 billion won. Falls led
        406 words
      • Article
        Bombay
        63 24 -21.87 Shares ended lower as a midsession recovery could not be sustained due to continued selling pressure. Brokers said the volume was low as most Indian institutional players stayed away from the market in the absence of a clear trend. The BSE 30-share Index ended at a provisional 4.076.46.
        63 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        940 24 Britannia Funds Sterling (ash Bid Offer Mini c ip IhpiNl Mm e>vn» Mini leno (iiH i» I*"*! Mini Mi» latmar 1>"»4»W I St ash lihvnw llus I unJ V *4rtl IU >'<W I'NS RcMTivcf.ind <:*m sterling Fquiu Furo 0 4VO II4*HK i ji i J.I i in.i Man IVdftitiu IU*
        940 words
      • Article
        London
        611 24 17.7 STOCKS rose as hopes for higher company earnings offset concerns about a possible surge in US jobs data today that could point to greater inflation. Building material companies and industrial firms pulled the market higher. Those are among industries likely to gain most from a 2.75 per cent
        611 words
      • Article
        Paris
        158 24 +31.76 Shares closed sharply up but dealers said they were uncertain why the market was at these levels. Much of the business was in basket trading, on the back of firm bonds, and volume was still light, they added. It was easy to whip the market round with a
        158 words
      • Article
        Stockholm
        108 24 13.16 Swedish shares ended broadly higher on a rebound by the debt market and crown. "But the insecurity is still there and the turnover shows that the gains are not convincing," one dealer said. The OMX-index ended 13.16 points up at 1.036.58 in low holiday turnover of 1.3X6 billion
        108 words
      • Article
        Frankfurt
        192 24 5.24 German stocks rose for the second day. led higher by shares of Daimler-Benz. The modest gain came amid continuing concern about the weak dollar and higher US interest rates. "In the absence of anything else happening, everyone is watching the dollar." said a trader. "No-one really knows what's
        192 words
      • Article
        Brussels
        176 24 +6.13 Shares profited from a reversal in the bond market around midday and ignored further dollar and franc weakness to close higher. Traders said the shortterm outlook remained unclear and expected shares to extend their consolidation pattern tomorrow as business was expected to remain thin ahead of this weekend's
        176 words
      • Article
        Milan
        90 24 -6 Italian stocks traded in their tightest range in more than a month as the Germany central hank's decision to leave interest rates unchanged left investors waiting for moves to support the dollar. The benchmark Mibtel Index closed six points lower at 11,019. As expected, yesterday's twice-monthly Bundesbank policy
        90 words
      • Article
        Amsterdam
        260 24 -1-0.86 Dutch stocks closed mixed as individual stocks rose following the dollar's temporary recovery. The EOE Index closed 0.86 points higher at 3X6.22. Trading was light, with 4.X million shares changing hands. Advancers outnumbered dcclincrs by 16 to eight while one counter closed unchanged. I radcrs said that investors
        260 words
      • Article
        Zurich
        289 24 -8.4 Swiss stocks dropped to their lowest point of the week, with pharmaceutical company Roche leading the fall because of worries that the weak dollar might affect its earnings. The SMI Index lost 8.4 points to 2.590.5. with eight stocks falling, one unchanged and 12 rising. "Roche was the
        289 words
      • Article
        Toronto
        233 24 13.98 Stocks opened firmer as the market rebounded from interest rate jitters. "There's a general rebound." said one trader. "The volume is light but the prices are better partlv in sympathy that we didn't get rate increases in the States." The TSE 300 Composite index was up 13.98 points
        233 words
      • Article
        New York
        599 24 -2.27 The Dow Jones Industrial Average, which climbed 22.02 points on Wednesday was off 2.27 points to 3.672.23 at I lam EDI. Ihe key barometer was ahead 7.44 points shortly after the market opened. Ihe New York Stock Exchange Composite Index was ahead 0.25 to 246.79. while Standard
        599 words
    • Article, Illustration
      Lock icon HONGKONG
      3143 25 Bloomberg Business News HONGKONG Market players using shortterm trading strategies boosted the benchmark Hang Seng Index 0.43 per cent in late trading. Traders said that overall, stocks were little changed amid investor concern about the threat of higher interest rates and a decline in real estate prices. "Buy orders
      Bloomberg Business News; Source: Bridge Info  -  3,143 words
    • Article, Illustration
      Lock icon CHINA
      529 25 CLSA THE Shanghai B market reported a moderate turnover of US$l.7l million with the index easing 4.77 points to 745.98. Dazhong Taxi was the biggest loser sliding 5.7 per cent to US$l,OlB. The Shenzhen A share market was still close yesterday but will resume trading today as the satellite
      CLSA  -  529 words
    • Article, Illustration
      Lock icon TOKYO
      2604 25 Reuter TOKYO Stocks finished a tad lower after a half-hearted day's trading within a confined range. Uncertainty over currency direction and investor reluctance to move actively ahead of the Group of Seven (G7) summit and settlement of July options kept trade muted. "But people pretty much know it'll be
      Reuter; Source: Bridge Info  -  2,604 words
    • Article, Illustration
      Lock icon BANGKOK
      1776 25 Reuter BANGKOK A Hurry of last-minute buying across the board enabled Thai stocks to end firmer, brokers said. The SET index rose 5.41 points to 1.302.86. on moderate 6.91 billion baht turnover. Rises led falls 165 to 90. "The market rebound in the last minute was a healthy development."
      Reuter; Source: Bridge Info  -  1,776 words
    • Article, Illustration
      Lock icon JAKARTA
      1193 25 Reuter JAKARTA Share prices closed mixed in quiet trade as investors generally ignored the market, brokers said. Brokers took the opportunity to sleep in or play golf. As it turned out. we could have simply stayed at home. Trading was that dull." one dealer said. Trading was confined to
      Reuter; Source: Bridge Info  -  1,193 words
    • Article
      CLOB INTERNATIONAL
      2564 26 MOST ACTIVE volume Idns H>«J MX MW.OOO PriNllct 2X40.ua> Bcqa>a I W|>W 2 401 Mulpha lull MX 2.2M.OOO I h.ii H.v ISK47 I >»:: 000 Kaiuundng MX' I..178.000 t'VSHMX I..»7«v000 konjsjii MX 1.248 tK*) KciHHig Bhd MX I.I66.000 l~ jftvr (iioup 1.0^2.000 I andmaiks Bhd 1.027.001) Mull i
      2,564 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks fall for second day, led by Tenaga
        5986 26 Bloomberg Business News KUALA LUMPUR Stocks fell for the second day, following a brokerage report that said profits at utility giant Tenaga Nasional would fall. Smith Zain Securities had advised its clients to sell Tenaga stock because competition from independent power producers
        Bloomberg Business News; Source: Bridge Info  -  5,986 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7953 27 I MAIN BOARD Transaction date: July 7 b U M Ml 1944 14%i Vol I>m> Ijist Quulr IN* l>i» N Id Nn up \»g High I oh 4 (Hnp4n> S«|« f/- (1100) High low Bu\«r Seller S C "»r S P K Snil Prkt INDUSTRIAL AND COMMERCIAL ***** 113 a
        7,953 words
      • Article, Illustration
        Lock icon Falls in three key index stocks dampen sentiment
        1999 28  -  Bv K Sivanithy SINGAPORE Mopes that stocks would rebound after an overnight rally on Wall Street were quickly dashed yesterday, as sentiment was affected by falls in three key component stocks which dragged the Straits Times Industrials Index 20.76 points lower, the
        Source: Bloomberg  -  1,999 words
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      Page 17 Advertisements Column 1
      421 17 NEWS VALUE How today 's new s nut>ht affect your stinks Minister sets funds target of USsl6b for Jakarta bourse (pg I) Could be taken to mean that the Indon government would ensure the eapital markets arc attractive to foreigners. Renong unit gets govt backing for its fibre optic network
      421 words
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      Page 18 Advertisements Column 1
      152 18 Societe Generale de Surveillance, SGS announces the formation of new company in Singapore SGS Testing Control Services Singapore (Pte) Ltd SGS TESTING CONTROL SERVICES SINGAPORE PTE LTD The Company has been formed by the amalgamation of the Redwood Division of S.G.S. Singapore (Pte) Ltd with Industrial and Analytical Testing (Pte)
      152 words
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      Page 18 Advertisements Column 2
      6 18 Dividends tabic has been held over
      6 words
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      Page 18 Advertisements Column 3
      50 18 The July/August 1994 issue of IsfMwiSilli MANILA'S MONEY SCAM ALAN YEO'S BATTLE FOR SURVIVAL AOKAM'S TEH SOON SENG CLEARS THE AIR Includes the supplements Indonesia and Australia in Asia MAKE SURE YOU SUBSCRIBE FOR THE YEAR AHEAD Contact t The Subscription* Dept TEL i 529 5009 FAX. 866 9046 mi
      50 words
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      Page 19 Advertisements Column 1
      232 19 HERE'S HOW SHELL CAN ENHANCE YOUR LISTENING PLEASURE. .-.V r" 'Vrilfti 1 i" nMwiaiiiiM mi M Audio equipment from an oil company? key components are found in audio equipment such as their production and delivery process. These standards H No. Shell is not planning to venture into uncharted your compact
      232 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      605 20 TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1298 r A sees CHO HUNG BANK (INCORPORATED IN THE REPUBLIC OF KOREA) CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME Deceoter3l.l993 and 1992 Years ended December 31.1993 aid 1992 1993 1992 1993 1992 (Miioo of Won) (MAonofWoni Income A** ls Interest Income 1,*****7 1.706.178 Cash
      605 words
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      Page 20 Advertisements Column 2
      97 20 SI& THE RAFFLES CONVERSATION "Yes, the authoritarian approach has been effective elsewhere in Asia. But we lost our chance. We had the opportunity in '72 and we messed it up. Now, how about what the Philippines has chosen? Will it succeed? Well, one thing I can assure you, we will
      97 words
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      Page 21 Advertisements Column 1
      162 21 SOUGHT AEIER BRAND NEW BUNGALOW HOUSES ON FREEHOLD LAND si?i' §|P^ii ii»ii 111 l LH 83»f i Prices from WHI»^ Land Area 5,900 sq. ft to 10,000 sq. ft Close proximity to shopping centres, golf courses, schools universities, casino etc Bungalows built-in area 1300 sq. ft to 2500 sq. ft
      162 words
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      Page 21 Advertisements Column 2
      784 21 1 i Check tt out STEAK DONE THE SINGAPOREAN WAV MENU SINGAPORE'S SPRING ROLL $3.50 CURRY LAMB SHANK $13 50 IJeep Iricd. served with dark Topped with lightly spiced eurry. sweel saute and garnished served with raisin rue and piekles with pickles q xsSAM FISH $12.00 SEAFOOD SOUP 4.00 Fried
      784 words
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      684 23 rS"SrTTTVTI W THE MATTER OF THE COMPANIES ACT, CAP.SO ANO M THE MATTER OF NMW COMMUNICATIONS PTE ITS (Incorporated In the Republic ol Singapore) Nolle* Is hereby given thai the creditors d M abovenamed Company, which is being wound up voluntarily, are required on or b*ton ?Btfi Juty 1994 to
      684 words
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      Page 23 Advertisements Column 2
      41 23 As and when the latest London/ Rotterdam priees are not available, the previous trading day's closing figures are carried instead. a i ?~i j N ill I Make new business contacts through classification 203 in The Straits Times Classified. c.a.ts. 737-1166
      41 words
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      Page 24 Advertisements Column 1
      22 24 ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL: 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL: 235 2536.
      22 words
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      Page 25 Advertisements Column 1
      128 25 GIVE NEW LIFE TO YOUD HAIR J*' Facing hair problems like balding, thinning hair, damaged hair, dandruff and premature K grey hair? Don't despair, come to Hay's Formula, we give professional hair treatment with a secret formulation made of 100%, HERBAL PLANT EXTRACTS. Hay's Formula provides all natural and effective
      128 words
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      Page 27 Advertisements Column 1
      72 27 Nitsuko Double Your Share Quality Keyphone Systems andEPABX of Dividends Increase your market connections with the latest Keyphone Systems from L Get instantaneous connection to your brokers by simply hitting a pre-programmed number Where efficiency makes the only difference. you can t go wrong with Nitsuko Don't hesitate.the market situation
      72 words
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      265 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF EDGERLINE PTE LTD (Incorporated In Singapore) (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 150 South Bridge Road, Fook Hai Bldg., Singapore 0105 on the 30th
      265 words
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      Page 28 Advertisements Column 2
      323 28 IN THE MATTER OF THE COMPANIES ACT, PAP "10 IN THE MATTER OF DATACRAFT INVESTMENT SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290(2)<b)] At an Extraordinary General Meeting ot the Company held at 9 Penang Road #10-07 Park Mall, Singapore 0923
      323 words
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      Page 28 Advertisements Column 3
      311 28 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 IN THE MATTER OF JAMES HARDIE TRADING (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pursuant to Section 290(2Xb)l At an Extraordinary General Meeting of the Company held at 38 Senoko Road. Woodland East Industrial
      311 words
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      Page 28 Advertisements Column 4
      277 28 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF ALGINO FABRICS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS (Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held at 460 North Bridge Road. #04-03, Singapore 0718 on 1 July 1994,
      277 words
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      Page 28 Advertisements Column 5
      379 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF RORER PHARMACEUTICAL (SINGAPORE) PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 4/F Gammon House. 110 Rada Street. Legaspi
      379 words
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      Page 28 Advertisements Column 6
      579 28 THE COMPANIES ACT, CAP.SO NOTICE OF RESOLUTION KING'S OPTICAL ft CONTACT LENS CENTRE CO PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of King's Optica; Contact Lens Centre Co Pte Ltd duly convened and held at 102 Upper Cross Street #08-11 OG Building Singapore 0105, onsth July
      579 words
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      Page 28 Advertisements Column 7
      259 28 SIEW TV VIDEO PTE LTD (Incorporated in Singapore) (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap 50 that the Final Meeting of Members of the abovenarr.ed Company will be held at 102 Upper Cross Street, #08-11 OG
      259 words
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  • SHIPPING TIMES
    • Article
      Thai ministry steps in with law to control liners' charges
      550 29 BANGKOK The Ministry of Transport and Communications and the Office of the Maritime Promotion Commission have drafted a law to supervise liner groups over the raising of their freight and other charges. The draft requires the liners to inform clients
      550 words
    • Article
      Lock icon Johor to set up shipping industries at second port
      171 29 Bernama JOHOR BARU The Johor government will develop shipping industries in Tanjung Pelepas, near Gelang Patah, where the state's second port is planned. Menteri Besar Tan Sri Muhyiddin Yassin said on Wednesday the M56.5-billion (SS3.B billion) second port would have a
      Bernama  -  171 words
    • Article, Illustration
      PSA to train Aussie marine pilots
      187 29 SINGAPORE The Port of Singapore Authority will train Australian marine pilots under an agreement with the Queensland Transport Department. Under a pact signed on Wednesday by the PSA's deputy executive director (marine). Goon Kok Loon, and Queensland Transport Minister David Hamill, the PSA will
      187 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1096 29 Page Col ABC Containcrline 16 4 Accord Group 8 1-3 Ahrenkicl Liner 4 1/2 ANL 3 1/2 Antaco Mgrri 17 1/2 APL 5 3-5 Appcnship 8 4/5 Arabian Express 15 5 ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 Bait
      1,096 words
    • Article
      Lock icon UK panel satisfied with award of defence deal to Vickers
      242 29 Bloomberg Business News LONDON A House of Commons panel said that it found nothing improper about the controversial award of a £239-million (*****.7 million) defence contract to Vickers Shipbuilding and Engineering Ltd (VSEL). The contract for a helicop-ter-carrying warship was
      Bloomberg Business News  -  242 words
    • Article
      Lock icon Taiwan to study direct transport links with China
      339 29 Knight-Ridder AFP TAIPEI Taiwan's Mainland Affairs Council (MAC) on Tuesday called for various government bodies to complete a plan by the end of 1995 that would govern direct transport links with China. The government's top poli-cy-making body for China affairs approved a
      Knight-Ridder; AFP  -  339 words
    • Article
      Lock icon Alaskan natives, villages take Exxon to court over 1989 spill
      353 29 AP ANCHORAGE The worst oil spill in US history has left scars that still mar the Gulf of Alaska five years later, lawyers for villages and American Indian groups suing Exxon Corp told a jury. "Exxon says everything is OK
      AP  -  353 words
    • Article, Illustration
      Lock icon The No. 1 turnaround story
      707 30 German national carrier Lufthansa is poised for take-off after reporting its first profit in five years Bloomberg Business News TWO years ago. Germany's national carrier, Deutsche Lufthansa AG, was losing USS1.26 million (SSI.9 million) a day, grounded by rising wages, shrinking markets and strict government
      Bloomberg Business News  -  707 words
    • Article
      THE SHIPPING GUIDE
      14120 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LE6END PN: ship calls at Pcnang alter
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        748 46 Tewei Voy No Berth Arrival Departure_ Vessel Voy No Betth Arrival Departure >* lurong Port Batam urn' poia oso/ o/oo oao/ osoo Asian Ordiid STOll 119 08 07 1830 Batam Speed4 ****** POIA 0/0/ 1900 0/0/ 2200 Batam Bah«ia 07/0194 13 08 07/2300 Batam Speed4 ****** POIA
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        CONTAINER SCHEDULES
        1948 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO 4 Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From 4 J to 0asy 054A 09/1500 1* 07/1500 07/1659 07/1900 3 08/0700 08 1159 08 1400 t 4 08.1200 08
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      • Article
        Daily Freights
        770 46 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1.355 on Wednesday from 1.352 on July 5. Interest for Panamax tonnage has been sluggish in the Atlantic area, but underlying rates remained steady with very few prompt ships available and charterers having to rely on
        770 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Manila govt to sell stake in airline partly owned by TNT
        281 48  -  By Alec Almazan SINGAPORE A Philippine airline partly owned bv TNT Express Worldwide is being put up for auction by the Ramos government. The government wants to sell the 80 per cent stake it holds in Pacific liast Asia
        281 words
      • Article
        Lock icon Fiat to sell majority stake in parts plant to UK firm
        262 48 Bloomberg Business News LONDON Fiat Auto said on Wednesday it plans to sell a majority stake in its Florence parts factory to UK auto parts maker GKN pic, in a move that would allow the Italian car maker to
        Bloomberg Business News  -  262 words
      • Article
        Lock icon GM offers cash to customers willing to wait
        444 48 Reuter NYT DETROIT Call it the automotive equivalent of flying standby. In an effort to keep customers from jumping to other brands. General Motors Corp said on Wednesday it will compensate those who want to buy a GM car or truck and
        Reuter; NYT  -  444 words
      • Article, Illustration
        Lock icon Schoolchildren injured in highway accident
        52 48 Reuter MANCHESTER, England A breakdown crane removes one of two coaches involved in an accident on Wednesday on the northbound carriageway of the M 6 motorway near Sandbach Services in Cheshire. Up to 30 schoolchildren were reported to have been injured in the collision, one
        Reuter  -  52 words
      • Article
        Lock icon Cathay Pacific breaks off pay talks with pilots
        459 48 Bloomberg Business News HONGKONG Hongkong carrier Cathay Pacific Airways yesterday broke off six weeks of talks with its pilots' union, saying they had exhausted every avenue for resolving a longrunning compensation dispute. The Hongkong Airline Officers' Association (AOA), which says it represents
        Bloomberg Business News  -  459 words
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        Lock icon US urged to block new aircraft subsidies
        457 48 American plane makers against Europe's raising of govt aid Bloomberg Business News WASHINGTON American plane makers are urging US Trade Representative Mickey Kantor to hold out against raising caps on government aircraft subsidies when he meets European trade officials this week. In a
        Bloomberg Business News  -  457 words
      • LOG BOOK
        • Article
          Lock icon America West founder eyes start-up
          74 48 Bloomberg Business News DALLAS Edward Beauvais, former chairman and co-founder of America West Airlines, is planning to start a new carrier. Western Pacific Airlines, to be based in Colorado Springs. Colorado, Commercial Aviation Report said. The fledgling airline plans one or two daily flights from
          Bloomberg Business News  -  74 words
        • Article
          Lock icon Golden Eagle expands
          46 48 Bloomberg Business News HOUSTON Golden Eagle Group Inc. an international freight forwarder, said it expanded its service to Central America by naming agents in Guatemala. El Salvador and Costa Rica. The appointments mark the company's first foray into Central America. Bloomberg Business News
          Bloomberg Business News  -  46 words
        • Article
          Lock icon Japanese car sales soar in US
          50 48 NYT DETROIT The leading Japanese auto-makers posted strong sales and gains in market share in June, driving up total car and light-truck sales for the month. Sales of cars and light trucks rose 6.8 per cent, over a strong period a year earlier. NYT
          NYT  -  50 words
        • Article
          Lock icon Lockheed offers F-16s to Pentagon
          78 48 Bloomberg Business News FORT WORTH, Texas Lockheed Corp, seeking to take advantage of lowered costs on its F-16 manufacturing line, has made an unsolicited offer to the Pentagon to supply up to 120 planes and has guaranteed to absorb any cost overruns, the Dallas Morning
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Frontier, Continental seek tie-up
          41 48 Bloomberg Business News DENVER Frontier Airlines Inc. is talking with Continental Airlines Inc about a code-sharing arrangement and possibly subleasing some of Continental's gates at the new Denver International Airport. The Denver Post reported. Bloomberg Business News
          Bloomberg Business News  -  41 words
        • Article
          Lock icon Aerospatiale eyes China jet deal
          61 48 Bloomberg Business News PARIS French aerospace concern and Airbus Industrie partner Aerospatiale has proposed a cooperative agreement with China and South Korea to build a 100-seat jetliner, French newspaper La Tribune Desfosses reported. It said Aerospatiale chief executive Louis Gallois made the proposal while visiting
          Bloomberg Business News  -  61 words
        • Article
          Lock icon P&O buys trucking firm
          41 48 Bloomberg Business News LONDON The Peninsular and Oriental Steam Navigation Co said its subsidiary P&O Trans European has purchased DunaTrans Kft, a trucking and distribution company based in Budapest, Hungary. Terms of the agreement were not disclosed.
          Bloomberg Business News  -  41 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1791 48 at* nw no nw no Abu Dhabi GA928 2205 Adelaide QF8I 1925 Qf82 2055 SQ227 2230 Amsterdam KL837 1450 KL844 0035 KL838 2300 SQ323 1730 SQ26 2355 Athens SQ348 2250 Auckland NZ73 1550 SQ285 2045 BA12 2200 NZ74 2340 Bahrain GF146 1250 GF149 0650 B Seri
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      36 29 THE SPEC I A LIST IN MfJ WIRE ROPE LASHING A r TESTING 9 MATERIALS LIFTING (ttw GEARS MINTERMARINE SUPPLY CO. (PTE) UD N0.7. Bukit Batok Street 22, Singapore 2365. Tel: 563 3468 Fax: 563 6811
      36 words
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      Page 29 Advertisements Column 2
      26 29 Lines and services represented by Members of the Registry ot Accredited Shipping Agents, Singapore National vShrfw Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 29 Advertisements Column 3
      57 29 toe FAMOUS 6? on <6 VSWAWA ■iMHlgllt 224 1833 For more information pleane refer to Pg. 15 Lufthansa: No. 1 turnaround story, Pg 2 Manila govt to sell stake in airline partly owned by TNT, Back page HIGH STAKES Don't get shortchanged, go for a coverage you can bank on.
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      561 30 N.Y.K. LINE 1993 (S) PTE LTD MALAYSIA INDONESIA TEL: *****23 NYK AGENCIES (M) SDN BHD P.T. PELAYARAN PUSAKA A JIB AYU f W\JWT FAX: *****56 (MKTG)/*****09 (OPS)/ KUALA LUMPUR: 03-*****66 (7 l.nes) JAKARTA 0 2i> *****12 <10 lines, \\y OQQt;7QH (nnriIMFNTATION\ PORT KELANG 03-*****15 (6 LINES) SURABAYA 031) *****1. *****7
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      2082 31 nrtr i DTP I m iarhimf SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SDN BHD. «iio"rN, T BO« *"u o Me L Q J A 6 EE S m CR NUMBER **********0 C Tpnu TEL *****3/4 FAX *****6 DOCUMENTATION TEL *****55 (INWARDI/*****90 (OUTWARD! Jn *****1? FAX *****14 (OPNSI CUSTOMER SERV.CE T|L ShRU
      2,082 words
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      Page 31 Advertisements Column 2
      2531 31 ■UliV-HrHiHIM VALUE FOR MONEY CALL US TODAY! [vessel Voy ETA I ETO t-eedeied by S etTVA I DESTINATIONS rr»s »ee» MACaLEBv MAERSK V**o6 i2/o; oaoo Mns Hi CFS —11 07 2359 HRS JOM LPK PEN I OAK IGB SFO MEM ATL MIA CHS BAL PHL NYC TOR MAGLEBV MAERSK 9406
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      84 32 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINEN"T~ WM MMMMMBESBBEHM jjEMjBWMMZSaEBfifii KBSSS^B Bj;>-V"?^r kbi 11 j', j: I M M i >i« <l- B Kflbß lIEZMBEBMBnZJBBjSJiEEB^BniMBSSiBKfiSPIB pftaapiaHpMMhJß WW B| CONTAINER SERVICE FROM UK/CONTINENT CONTAINER SERVICE TO USA SCX SERVICE *****331HHHH&9 BBE2QHM MQ^^H CONTAINER SERVICE FROM USA SCX SERVICE -W CCNI Compania Chilena
      84 words
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      Page 32 Advertisements Column 2
      48 32 ■kjl a |kjfl Militzer Munch IVlOtlvl International Forwarders OCTOMAR LINES 01 UNICORN-DELMAS SERVICE I DELMAS N"* MARITIME DELMAS VIELJEUX I TRAN L (CHILE) General Agents: mA SEALION SHIPPING (S) PTE LTD Singapore: 11|| SALES/BOOKINGS TEL: *****81 (10 LINES) W TLX-RS ***** FAX: *****41/ *****50 OMADHOO SHIPPING COMPANY MALDIVES
      48 words
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      Page 32 Advertisements Column 3
      180 32 TO SOUTH INDIA/ADRIATIC/E. MEDITERRANEAN VIA VALETTA (MALTA) TO FAR EAST EXPRESS TO EUROPE EXPRESS FROM EUROPE ifj LLOYD TRIESTINO h n'' n l l SINGAPORE AGENT MALAYSIA AGENT INDONESIA AGENT LLOYD TRIESTINO (SINGAPORE) PTE LTD STRAITS TRANSPORTATION PTE LTD JAK ART A PT BINT ANG TATAB AH ARI 76, SHENTON
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      1846 33 mi m STRAITS SHIPPING PTE LTD ■Eg? 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAILS MIRU64 VOtt lab. Sk«) Taw 06 07 Jul 01 U 09 U FCL LCL CONTAINER ANO MEAKBULK
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      Page 33 Advertisements Column 2
      3251 33 t SINGAPORE AGENT: Bwtit DirO p& Containers (Singapore Agencies) Pte Ltd *<: M 43L% W S 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 fr <- CR Number **********0Z EXPORT IMPORT ,1 VESSEL VOV 'PNO *PKQ SIN SOU
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      Page 34 Advertisements Column 1
      604 34 A JK EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MO CHI MINH CITY PAGER i HENRY HOE 21M«2< WttWi'Hl'W KELVIN CHAN 2)«»» MM/g/WgW maw Oil iiwwT lw?ra ►TO VIETNAM/HCMC K CONTAINER-FEEDER —SERVICE (Shnßrov"* CENTER-POINT \m lines »0Y El* SPORE HOT ET» HCHC NGS mwm>
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      Page 34 Advertisements Column 2
      315 34 SERVICE)_| INBOUND SERVICE FROM USA/CANADA 1 |tO EUROPE J I B— .Jidyl J I HANJIN SHIPPING (SINGAPORE) PTE LTD 79 ANSON ROAD 23-01. SINGAPORE 0207 TEL *****55 FAX NO: *****60/ *****76 CR NO **********0 M BANGKOK THAI SHIPPING CO LTD TEL *****73 FAX NO *****77 JAKARTA PT BUMI LAUT SHIPPING
      315 words
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      Page 34 Advertisements Column 3
      254 34 ir EVERGREEN 1 Full Container Service I Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) I I Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) I I US WEST COAST/PNW SERVICE I i mini limn nin 11 ii ii i I FAR EAST/RED SEA/MEDITERRANEAN I OUTBOUND I MED/RED SEA/F.E. I I FAR EAST/ SRI LANKA/ INDIA/ PAKISTAN/ FAR
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      2507 35 II sex: 'CALIFORNIA PEGASUS 23E' eta sgp 13/07/94 II II ARRIVING LOS ANGELES 30/07/94 IN 16 DAYS •SB II AEX:'CALIFORNIA ZEUS 56E'ETA SGP 14/07/94 HI lyr II ARRIVING NEW YORK 07/08/94 IN 23 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QULF MIDWEST USEC CANADA VESSEL
      2,507 words
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      Page 35 Advertisements Column 2
      1138 35 A MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 S BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
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      Page 36 Advertisements Column 1
      1634 36 44 AS AGENTS "IT LINE (SINGAPORE) PTE LTD (CR NO **********0M/GST REG NO M 2 *****99 6> TEL: *****77 TELEX: KAWAKI R*****5 FAX 1 W MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD jl J TEL SA *****00 PK *****75 PEN *****0 JB 236<0: PGU *****5/6 1 INDONESIA P.T. SARANA LAUTINTERNUSA.
      1,634 words
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      Page 36 Advertisements Column 2
      666 36 ©APPENSHIP o, HAMBURG CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PO«TS USCHMtGE, LOADING FOR MERINI ANTW 27/06 SPORE 30/07 SEAKITTIE HAM 29/06 SPORE 02/08 ELENA V ANTW 03/07 SPORE 06/08 /if A ISLAMIC REPUBLIC OF [ACCEPTING CARGO TO GULF PORTS I I \\lfr
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      Page 36 Advertisements Column 3
      467 36 1 golden line > GUAN AN shipping (PTE) LTD 23. Tdok h« Strttt S»IGAPO«f 0104 m ***** M (10 I WES) Fn: *****04 (CD No **********0N) STRAITS/ PERSIAN GULF SERVICE Spore P Kelang Penang GOiWN HARKS! Karachi Dubai Kuwait 16/17 My GOIKN STM Karachi Dubai Kuwait 20/22 My CHINA SERVICE
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      Page 37 Advertisements Column 1
      959 37 f PACIFIC INTERNATIONAL LINES (PTE) LTD 1 gJgUg'J"? 8140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CR NO *****6 HOOPOE KMLXftaiBMKiMMiiHfIUESHiASiiZMLuLJHIHHI S&n g?7 MuIcOS ST, «7T Tn SRIMANEE (THAI FLAG) SRMOI3 12/7 15/7 19/7 ""NOA TERATAI 4763 12/7 15/7 1»/7 K. BUANA i BMT/LCH) BNAOI3 12/7 15/7 19/7 EQUATOR
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      Page 37 Advertisements Column 2
      1145 37 WSStIS VOY S4N H HAVRE J" HAMBUfHi IHMKS ROI ItBDAM 1 An7m7p" VILE 01 CAR MA CO4W 12/67 03 0« OS 0« 0* 06 07 08 M 0« Mill Of SAGIIIA SO4W 19/07 10,01 1? 0« 13/08 14 08 16 08 I Wilt 0 AQWA AO4W 26/07 17/01 H. 01
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      Page 37 Advertisements Column 3
      762 37 BSfl jl [< M MYANMA iBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore PKIg Pen P Gdg MfRGUI ¥124* Sailed SAGAINC V3s* 10/12 lul 13/15 lul 08 09 M PAGAN V2IIW 13 16 lul AVA VI29W 20 24 Id PATHEN VI3OW 30, 31 W 25
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      Page 40 Advertisements Column 1
      2265 40 EUROPE EXPRESS II A ■LVfV AMVIH FELIXSTOWE 1 17 MVS I Singapore's General Agents: P/KTIB cuippiup ptf I TO M IGeneral): *****00 Sales Booking: Agency Dept: r th..fnn w.. Mij na fax (General): *****66 Container: *****41/844 Container Src BL: *****02 Operation Container *****15 DBSBid? Tower 2 Telex: ***** COSHIP Conventional:
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      Page 40 Advertisements Column 2
      941 40 /iTICROATIA /CNORBUU^ I (EX JUGOLINIJA) I I NORBULK CARGO SERVICES LTD. 1 I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES VESSEL STORE PK PJJG IOADtNC FOR PAB 11 U 13 JU Ale.andna Benut I SP PK LoM I Istanbul Trieste koptr I SEA Sof#€T 15/7 17/7 FLU/RDAM, ANT IW
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      Page 41 Advertisements Column 1
      755 41 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S PORE 020/ HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 10/7 ROTTERDAM 09/7 AARHUS/COPENHAGEN 10/7 HAMBURG/BREMEN W7~~ MARSEILLE/FRANCE 12/7 FELIXSTOWE/UK 11/7 BARCELONA/SPAIN 1177 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 0877" VANCOUVER 13/7
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      Page 41 Advertisements Column 2
      1116 41 B i——SßinaMi^—iM IF VM'fiin—■— S *SI «I I vessel I vor I aw I pii I fs ISRA BHUM SBS Fri lnPl_ Tu« _12/7_ 'b SEROJA 4109 Fn In Pt Sat 9/7 VESSEL VOY SN BKK BHATRA BHUM 372 S* 9/7_ Tu. 12/7 f KOTA SIIRIA SUROII Sun 10/7 Tu.
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      Page 41 Advertisements Column 3
      310 41 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) —t FAX: *****15/*****03 DEI TELEX: RS ***** RISHIP (3 Lines) > CR NO.: **********0E IjSU ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL I Vhhl Voy ETA Loading For Spor« Abbay Won* 40WB 12/08 Mombasa, Diiboutl Assab.
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      Page 41 Advertisements Column 4
      547 41 Guaranteed Sailing% to:BANCKOW/LAtM CHABAHG/LAOS 12/7 (Til). 16/7 (SAT) PORT KELANG/PENANG 14/7 (THUR), 15/7 (FIN) HONG KONG 12/7 (TUt). 15/7 (FRI) JAKARTA 16/7 (SAT) MAMLA/CCBU 12/7 (TH) HO CHI MWH 15/7 (FRI) SURABAYA 17/7 (SUN) BUSAN 17/7 (SUN) Pi DONGNAMA LINE CONTAINERISED SERVICE STWAITB/BLW/INC/M>F' VESSEL fK BIN PNG MC BSN HONGKONG
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      1782 42 ■LAIMN CONTAINER LINES, INC A 9«nt»: MAC-NELS SPORE: *****22 (24 LINES) M C/R No: **********0 C SIBU (084) *****9 KUCHING (082) *****3 PCNANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK
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      Page 42 Advertisements Column 2
      185 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ll* ll* u* SPOftf P<*l HUANG PtNANG BlUt HDI hi H TO 14 I Loadioi! *Of MiU»UV»I HUOHU 11 I loading loi Cub* DOtPHW 21 1 I o*lny For Mhl» PIOWIR SIfWMI 21 I loading For MiiUMMHDH 18 Loading For Mil* raoGßiss
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      Page 42 Advertisements Column 3
      1240 42 J> THONG SOON LINES PTE LTD j I /\7\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I I \y V/ TEL: 227 5088 FAX: 227-6011 I 8 Zls. R S ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK SINGAPORE 'TO'THAK.AND VOY SPORE PEST VESSEL VOY SPORE BANGKOK EQUATOR
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      638 43 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAXBUK SOC CARGOES TO FROM KOBE, YOKOHAMA. NAGOYA. MOH. TOKYO*. MANIIA', OAVAO" Penang' P. Kelang Singapore E Msia' KAMALEVERETT V2IE 09/10 Jul SMPLAEVERETT V2IE 20/21 Jul 22/23 Jul KARABIEVERETT VIBE 06/07 Aug ACCEPTING BREAKBUK FCI/SOC CARGOES FO FROM CWITAGONG CALCUTTA ANO MONGIA*.
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      260 43 IftL 6LORV NAVIGATION GBOUP to REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG *AT ATTRACTIVE RATES 0 CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 7/7 J 6/7 GLORY SELATAN V 6/7 13/8 19/8 28/8 SP PKL HCM HK KAO GLORY SELATAN VI 17/7
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      Page 43 Advertisements Column 3
      548 43 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE VESSEL VOT SIN KARACHI MAHRAN 149 HW 15 07 24/07 HYDERABAD 131 HW 22/07 31/07 SARGOOHA 145 HW OS 08 1« 08 ISLAMABAD 124 HW 18/01 27/Qg FAR EAST CONTAINER SERVICE ONLY VESSEL WOT SIN HUG BSN OSA NAG TO* ISIAMABAD 123-OW
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      Page 43 Advertisements Column 4
      695 43 ;shi FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS HUIHE/106 11/07 25/07 26/07 28-07 15/ OS YIME/100 26/07 09/08 10/08 12/ OB 30/08 mm SHUN HC/105 11/08 2S/08 26 08 28 08 15/08 TAO HE/87 26/08 09 09 10/09 12/09 30/09 ACCEPTS
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      Page 43 Advertisements Column 5
      269 43 SIN FAR EAST 12/07 KEELUNG/KAOHSIUNG 10/07 BANGKOK 10/07 MANILA/CEBU 10/07 JAKARTA/BELAWAN/SURABAYA 10/07 PORT KELANG/PENANG/E. MALAYSIA 10/07 BUSAN 10/07 TOKYO/YOKO/KOBE/NGO/OSA 10/07 HONG KONG SIN CHINA S)S±#fcn) 10/07 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU 'XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 12/07 LDN/FLX/LVP/SOU 12/07 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 10/07
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      763 44 PHILIOnitNT LINGS PT€ LTD V 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********CH^ mSQgL wail A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 14 JUL SYDNEY. MELBOURNE. BRISBANE, FREMANTLE 14 JUL
      763 words
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      303 44 y Conrerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 11 JULY (Accapting to ail Now Zealand porta) PENANG 15 JULY JAKARTA 10 JULY PORT KLANG 14 JULY BANGKOK 10 JULY MELBOURNE 14 JULY SYDNEY 14 JULY BRISBANE 14 JULY FREMANTLE 17 JULY I^^GOTNSlburg^^^^l^UL^^^^l 'ACCEPTING TO ALL SCANOINAVIA PORTS COLOMBO 12 JULY
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      Page 44 Advertisements Column 3
      460 44 Next Week's Sailings Singapore I T 1777; II V FIRM FORW ARDER IN lo: r-ID lo: KID asia awarded Singapore Singapore ,so 9002 R O A EVERY EVERY Bangkok SLN Jakarta SL'N ££)j EVERY EVERY Manila SIN Mo Chi Minh KRI {IRJ «i 5^ EVERY EVERY .*=l Colombo H E
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      Page 45 Advertisements Column 1
      1618 45 IsEAMA^IRGENTIN^IN^^S^I CONTAINERISED "HUB" SERVICE DIRECT TO ARGENTINA/BRAZIL URUGUAY V I EASTBOUND BASE PORTS VIA BUENOS AIRES VIA SANTOS VISSIU VOY IPOM UBHUAIA MM SNT M'VWCO ASUNCION MO I PAKANAftUA I AIEXANOER SCHUITE IE Sailed 27/07 31/07 04/08 01/08 03/08 07/08 08/08 CANOPUS IE 24/07 30/08 04/09 08/09 05/09 04/09 08/09
      1,618 words
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      Page 45 Advertisements Column 2
      457 45 xgx CEYLON SHIPPING CORPN Rfcg) National Line of Sri Lanka CONTAINtRIStU SERVICE TO IK AND NORTH CONTINENTAL PORTS jjjg [lPt[»l|C»B|ltt|HM|im| n «w~ mtt 01 wcaha uo4w »/ot ot/ti »/01 22,91 »/o 1 24/0? worn sw Wt 3 06/07 11/07 wobmm rim H2i i k/17 t«/07 MAOWI M 4KW 70/1) 2V07
      457 words
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      Page 45 Advertisements Column 3
      518 45 riC ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.42 VESSEL PWOZERSK DEKABRIST N. KRUPSKAY PRIMORSK PAVLOORAD P£T*OOVO*CTS PORTS EBI2 EBI3 EBI4 EBIS EOlO EBI7 BUENOS AIWCS* SaHxl SjHWI 27 29/06 06 09/07 20 21/07 03 08/0* MOWTE VIDEO S«lf<l Slfd 30/06 01/07 10 11/07 29/07 09-07/09 MO OR AW 00 SU
      518 words
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  • Page 46 Miscellaneous
    • Miscellaneous
      Page 46 Miscellaneous Column 1
      311 46 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 1 9 1.5 1.1 09 0.7 0.7 09 1.2 1.5 IS 2.0 2.0 1.9 1.6 1.3 1.1 1.1 1.2 1.5
      311 words
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      Page 47 Advertisements Column 1
      814 47 I ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PNA* PKE* PGP* VESSELS VOY SIN RTM ANP LEH* HAM BREt FEL OS/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 10/08
      814 words
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      Page 47 Advertisements Column 2
      493 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL vor V PR KUC KK MU» Ml SMI NAGUTA M 11/7 13/7 (CM* 14/7) KEBMJN 30 9/7 18/7 14/7 IJ/7 COSMC MASIf* 27 14/7 (SB» U/7) ORANGE MOON S3 12/7 iBKK IS/7) ORANGE »Y 21 17/7 20/ 7
      493 words
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      Page 47 Advertisements Column 3
      976 47 JEDD AH/UK/CONTINENT ISPORt JED S TON HBURG ROAM LEH Alu Acccplnf C*|o For SIUU6ARI EIPRESS 04/324 9/7 11/7 27/7 30'7 1/1 3/1 Souttiwnpton t* <1 UK dtstiulwi. Willi and Out*) KAGA 31/127 13/7 30/7 2/1 4/1 Rollndim It ll Antnop. Aimterdan. OIM. Httanlu ORESOEN EIPRESS 17/327 14 7 2/1 5/i
      976 words
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