The Business Times, 15 July 1994

Microfilm: NL19567
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA(P) 010/12/9.1 Friday July 15 1994 WE KNOW ASIA 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon No set rate for full US employment
      45 1 Reuter NEW YORK White House chief economist Laura Tyson yesterday said there was no set rate that would constitute "full employment" in the US economy. She said full employment was a range rather than a specific number. Reuter
      Reuter  -  45 words
    • Article
      Lock icon Boeing expects 6.5 pc world cargo growth
      48 1 Reuter MIAMI Boeing Co yesterday said it expected the world air freight market to grow 6.5 per cent annually over the next 20 years. Contributing to this growth forecast are predictions of 3.3 per cent annual world GDP growth through 2013.
      Reuter  -  48 words
  • Article
    MARKET SUMMARY
    161 1 Stock market indices Thursday Change STII 2,189.78 +5.85 KLSEComp 1,010.80 +21.23 Nikkei 20,718.04 +177.63 Hang Seng 8,808.28 -20.63 SET Index 1,301.37 -0.84 Jakarta Comp 460.29 7.08 CLSA China B 995.14 -1.76 AustAHOrd 2,007.7 +29.1 FTSE 100 3,050.4 +45.1 Thursday Previous 2pm dose Dow Jones 3,735.68 3,704.28 Average of
    161 words
  • Article
    Lock icon Morgan Stanley promotes US$1.3b Asian fund
    182 1 Reuter SINGAPORE Morgan Stanley Asset Management (Asia) and Nikko Securities are jointly promoting a US$l.3 billion (551.96 billion) to US$l.5 billion unit trust fund for investment in the Asia Pacific. Stockbrokers yesterday said the fund would be managed by Morgan Stanley but Nikko was
    Reuter  -  182 words
  • Article
    UMBC reports 146 pc profit jump, but is under Bank Negara probe
    722 1  -  From Leslie Lopez in KUALA LUMPUR UNITED Malayan Banking Corp (UMBC), Malaysia's fourth-largest banking group, has left behind a decade of poor financial results and announced a sharp jump in profit. The bank yesterday reported a pre-tax profit
    722 words
  • Article
    Lock icon Retail figures knock back dollar
    518 1 Bloomberg Business News Reuter NEW YORK The dollar fell from the day's highs against major currencies yesterday after a smaller-than-expected rise in US retail sales cooled speculation the Federal Reserve would raise interest rates soon. Many traders sold dollars after the Commerce Department said retail
    Bloomberg Business News; Reuter  -  518 words
  • Article
    Lock icon Dow up 31 points
    99 1 Reuter NEW YORK Wall Street stocks rallied yesterday as strength in high technology stocks, a very strong bond market and stability in the beleaguered dollar boosted confidence in equities. In the broad market at Ipm EDT, advances led declines about 3 to I on NYSE volume
    Reuter  -  99 words
  • Article
    Lock icon US growth estimate unchanged
    321 1 Bloomberg Business News AP WASHINGTON The White House yesterday left its estimate of economic growth for 1994 unchanged at 3.0 per cent, indicating it believes the Federal Reserve has succeeded in preventing runaway growth. The new estimate is in the Office of Management and Budget's mid-session
    Bloomberg Business News; AP  -  321 words
  • Article, Illustration
    Lock icon Regional bourses take heart
    214 1 SINGAPORE Stock markets around the region yesterday continued to shrug off worries about US interest rates and inflation, with the Malaysian market posting the biggest gain. In Kuala Lumpur, strong demand for key index stocks Telekom Malaysia and Tenaga Nasional pushed the Composite Index 21.23 points
    Source: Bloomberg  -  214 words
  • Article
    S'pore govt invests US$60m in Taiwanese bond offerings: sources
    531 1  -  By Shiv Taneja SINGAPORE Ihc government of Singapore has invested US$6O million (5590.6 million) in two Taiwanese global bond offerings through its two investment arms, sources say. But neither the two government investment agencies Government of Singapore Investment Corporation and Temasek
    531 words
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      260 1 rV/[ Cr v I CONTENTS 2 SS 1 17.18.19 Regional News 3.4,6 Financial 21.22 World News 8 Futures Itarliets Anatysis 15 CW>/KLSE, SES 26-28 Ettord 14 Res** l 24 Sports 9 WorU 25 TV/Lifestyle 11 Currencies 2\ Advertising 12.13 SimenCommo .22.23 Subscription Tei 1800-*****/7 Fax *****75 BT Ncwsdesk Tel *****18
      260 words
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      6 1 Advertising: Pg 13 UlC's heady Spin
      6 words
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      10 1 -4 Hock Lock Siew: n No more sure-wins for stass
      10 words
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      Page 1 Advertisements Column 4
      5 1 Regional market reports. Pages 24-28
      5 words
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      Page 1 Advertisements Column 5
      42 1 The Bdttom Line: Pa 16 Mg/w/Japan funds for Asia? Elk k <g a. testonr bologna ua m* AT A. TESTONI BOUTIQUES #01-15/16 Hilton Hotel Shopping Gallery Tel: 7344*55 #01-10 Mandarin Hotel Shopping Arcade Tel: *****38 *01-11 Raffles Hotel Shopping Arcade Td: *****03
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      48 1 Sjfi-T YCH GROUP TRANSPORTATION b WAREHOUSING SPECIALIST SINCE 1955 YOUR PARTNER IN TOTAL LOGISTICS (20 LINES) FAX: 861-6366 In the Personal Finance Investment pages tomorrow: Eng Wah: Get into the picture with this main board IPO Malaysian general election: What sort of stock market rallv will it be?
      48 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Gains in hi-tech electronics sector
        307 2  -  By Genevieve Cua SINGAPORE will benefit from a boom in the hightech segment of the electronics market, securities house Merrill Lynch says in its Asian Economic Commentary for July. Global demand for computers, semiconductors and telecommunications equipment is expected to intensify in the next 12
        Source: TDB  -  307 words
    • Article, Illustration
      Property auctions gain favour with 53pc rise in past year
      664 2  -  By A J Leow SALES of properties by auction have gained in acceptance, judging from the number of properties put up for auction in the first half of 1994 by the three leading local auctioneers. According to data from Knight
      664 words
    • Article
      Boost share of regional infrastructure pie, S'pore firms told
      249 2 SINGAPORE construction companies should use the experience they have gained in foreign markets to increase their share of the regional infrastructure pie, a government official said yesterday. The senior parliamentary secretary for the Ministry of National Development. Matthias Yao, told a
      249 words
    • Article
      Biscuit king Pillai going on trial from Aug 15
      315 2  -  By Ramesh Divyanathan THE trial of "biscuit tycoon" J M Rajan Pillai, who faces more than 20 charges involving S3O million, will run for six weeks beginning Aug 15. This date, as well as other details of the coming trial, were
      315 words
    • Article
      NZ alleges S'pore allowed leaky Russian ship to leave
      219 2 A RUSTY Russian ship in danger of sinking was alleged to have been allowed to leave Singapore and sail to New Zealand. maritime officials in New Zealand said yesterday. The head of the New Zealand Maritime Safety Authority said the Singapore
      219 words
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      Page 2 Advertisements Column 1
      941 2 Bl only specialise in selling properties quickly. I have a track record of transactions even the big boys will be proud of. My success story couldn't be better told 126 properties in 12 months, all sold! It does not cost you anything to see me, just a cup of coffee,
      941 words
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      85 2 Hr 111 I H Hlll 111 MfIUJEiXkAaU i HM i' 4 v H xA99SHjQHK K^^Hhbdß^H^l SS j£.% j£» 1 1 UP. <216 How-$l5l U.P.5205 Kow-j'.43 )> It's crystal clear that you'll enjoy huge savings on a full range of Bohemia crystalware. Plus dozens of specially priced items. Only for July
      85 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Tenaga plans to build M$12b power plant in Lumut
      323 3 Bernama IPOH Tenaga Nasional Bcrhad has proposed to build a MS 12 billion (556.96 billion) eoal-powered electricity generating station in Pasir Panjang, Lumut. Mentri Besar Ramli Ngah Talib yesterday said the station could generate 4,000 megawatts when it was fully completed
      Bernama  -  323 words
    • Article
      Lock icon Thai govt gives green light for M$542m power line with M'sia
      360 3 MBT KUALA LUMPUR Malaysia and Thailand are a step closer to realising the setting up of the Asean power grid with the planned M 5542 million (*****.4 million) transmission line linking Khlong Nae, in Songkhla. and Bukit Kayu Hitam,
      MBT  -  360 words
    • Article
      Lock icon Robin Group to set up rubberwood plant in Pahang
      343 3 Bernama KUAN I AN. Malaysia Singapore's Robin Group, a diversified conglomerate, will open a rubberwood and acacia processing plant in Mentakab to produce medium density fibre, a type of plywood for walls and doors. Menteri Besar Khalil Yaakob said yesterday that
      Bernama  -  343 words
    • Article, Illustration
      Lock icon A rare sight in Hanoi
      46 3 Reuter HANOI A rickshaw rider pedalling past a Porsche car parked along Hanoi's Hai Ba I rung Street yesterday. Although more cars are coming to V ietnam, one of the world's poorest countries, luxury models like Porsche are still rare. Keuter
      Reuter  -  46 words
    • NOTE BOOK
      • Article
        Lock icon Aids fighter wins Magsaysay award
        67 3 Reuter MANILA Anti-Aids campaigner Mcchai Viravaidya ot Ihailand yesterday was named winner of the 1994 Ramon Magsaysay Award for I'ublie Service. He was chosen for his efforts to promote a "rigorous, honest and compassionate" response to the disease, the Manila-based award foundation said. Thailand, largely
        Reuter  -  67 words
      • Article
        Lock icon Ho Chi Minh City exports up 8.5pc
        77 3 Bloomberg Business News HANOI Vietnam's southern commercial hub. Ho Chi Minh City, reported exports worth US$23O million during the first half of 1994. 8.5 per cent more than in the corresponding period in 1993, the Vietnam Sews said. Agricultural products accounted for 40
        Bloomberg Business News  -  77 words
      • Article
        Lock icon Thai aircraft barter plan put on hold
        103 3 AFP BANGKOK A government plan to use fro/en chicken, rubber gloves and other Thai products as partial payment for six military aircraft went into a holding pattern yesterday following an air force call for renegotiation. Thai Air Force chief M R Siripong Thongyai
        AFP  -  103 words
    • Article
      Lock icon Role of S'pore, M'sia in removing Asean trade barriers
      120 3 Bernama KUALA LUMPUR Malaysia and Singapore are expected to play a significant role in addressing technical barriers to intra-Asean trade, the directorgeneral of the Standards and Industrial Research Institute of Malaysia (Sirim), Tajuddin Ali. said yesterday. The two countries have the
      Bernama  -  120 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      40 3 850 certainly been exhilarating day. Olympic flfijclass blow on Perhaps IVXI Your 850 Estate has space for you the In fact no your way to on land. VOLVO XNi S M Motors. 249 Alexandra Road. S.ngapore 0315. Tel: 473 1488
      40 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      HK govt says new land supply will not lead to property crash
      494 4  -  From Lim Soon Neo in HONGKONG THE Hongkong government has no intention of inducing a property market crash. Secretary for Planning. Environment and Lands Tony Eason said yesterday. Speaking at a luncheon organised by the Royal Institute of
      494 words
    • Article
      Lock icon Taiwan to keep direct trade with HK after 1997
      233 4 Reuter TAIPEI Taiwan will maintain direct trade with Hongkong, the conduit for most Taiwan investment in China, after the British colony reverts to Beijing in 1997, the cabinet's Mainland Affairs Council said yesterday. "The direct trade ties with Hongkong will remain
      Reuter  -  233 words
    • Article
      Lock icon UK's Goodlad in China for fence-mending talks on HK
      198 4 Reuter BEIJING British Minister of State for Foreign Affairs Alastair Goodlad arrived in China yesterday to try to improve ties damaged by disputes over Hongkong, the British colony due to revert to Chinese rule in 1997. "I hope we shall have
      Reuter  -  198 words
    • Article, Illustration
      Lock icon March against higher costs
      53 4 AFP TAIPEI Taiwanese workers holding up an effigy of President Lee Teng-hui while trying to march to the presidential palace yesterday to protest against the higher premiums they will have to pay on their work and health insurance. The protesters condemned Mr Lee for approving the
      AFP  -  53 words
    • Article
      Lock icon Foreign investment in Shenzhen zone tops US$15b
      256 4 UPI HONGKONG The southern Chinese city of Shenzhen, one of the mainland's first experiments with a free market economy, has absorbed US$l5 billion (5522.8 billion) in overseas investment since 1979, official news media reported yesterday. The Shenzhen special economic zone has traditionally received
      UPI  -  256 words
    • Article
      Lock icon China designing farm zones to lift peasant incomes
      337 4 Bloomberg Business News BLUING In a hid to spread wealth more evenly to its 900 million peasants. China will set up agriculture development zones in each of its 30 provinces by the end of the century, the official China Daily reported. The
      Bloomberg Business News  -  337 words
    • Article, Illustration
      Lock icon Patten defends his policies, lashes out at Beijing's leaders
      441 4 NYT HONGKONG At times battered by ferocious criticism from Beijing, and at times ignored. Hongkong Governor Chris Patten vigorously defended his programme of local democratisation on Wednesday and lashed out at the Chinese government for undermining confidence in the colony in
      NYT  -  441 words
    • Article
      Lock icon Shenzhen official's intimidating message worries HK journalists, legislators
      354 4 Eastern Express HONGKONG A mainland propaganda chief has sent an intimidating message to the Hongkong press, sparking widespread concern among legislators and journalists. The Shenzhen official implied that Hongkong reporters should "bend with the wind" and made veiled threats against C K
      Eastern Express  -  354 words
    • CHINA WATCH
      • Article
        Lock icon Beijing to build China's 1st light rail
        100 4 Reuter BEIJING Beijing will begin building China's first light rail transport system by the end of this year. The official Xinhua news agency yesterday said the system will run 34km, from the Asian Games Village on the north-east outskirts of the capital to
        Reuter  -  100 words
      • Article
        Lock icon Taipei's ex-security head dies
        63 4 AFP TAIPEI Former top security head Sung Hsin-lien died yesterday of a suspected heart attack while he was taking a sauna bath at a Taipei hotel, state radio said. But a police source said that the presidential adviser died at a party celebrating his 72nd birthday
        AFP  -  63 words
      • Article
        Lock icon Canada holding talks on HK Chinese
        123 4 AFP OTTAWA The future of Chinese ethnic Canadian citizens from Hongkong will be raised by Canadian Foreign Minister Andre Ouellet during visits to China and Hongkong in just oyer two weeks, an official said here on Wednesday. The official, briefing on condition of anonymity,
        AFP  -  123 words
      • Article
        Lock icon China steps up wildlife policing
        71 4 AFP BEIJING China has intensified efforts to protect wildlife, issuing rules detailing punishments for offences involving the hunting and sale of endangered animals, the China Daily said yesterday. The new rules set out, for the first time, clear punishments for violating China's 1988 for the
        AFP  -  71 words
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      55 4 Asia's corporate giants It used to be called an old company run by old men with dull products. Not now. These days, analysts eye with interest its multi-billion dollar plan to become the region's top food and beverage conglomerate. Can F&N do it? Find out tomorrow in Asia's Corporate Giants.
      55 words
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      609 5 I I "1 Even tke skifts between gears of its four-speed I I J J I automatic transmission are undetectable, thanlcs Lventnose to tke digital-orckestration of an on-board computer. I I kese are just some of tke refinements wkick I can be appreciated, not just in tke programmable 1 1
      609 words
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  • REST OF ASIA
    • Article
      Lock icon Kim's death fails to dampen global funds' taste for S Korea
      591 6 Analysts expect eventual reunification to bring tresh interest Reuter LONDON The death of North Korean leader Kim II Sung has made little dent in international funds' appetite for exposure to South Korea's booming economy, and eventual reunification could bring
      Reuter  -  591 words
    • Article, Illustration
      Lock icon NZ govt totters as former finance minister quits parliament
      312 6 Reuter WELLINGTON New Zealand's conservative government faces losing its tenuous grip on power after a leading member of parliament resigned her seat yesterday. Ruth Richardson, dumped as finance minister after the National Party's majority was slashed in a general election last
      Reuter  -  312 words
    • Article
      Lock icon Key Indian industries strike to protest against privatisation
      307 6 AFP Reuter NEW DELHI About 2.3 million workers in India's state-owned coal, steel and engineering companies yesterday staged a strike to protest against the government's privatisation programme. "The strike was quite successful," said Madhukar Kashinath Pandhe of the commu-nist-controlled Centre of Indian
      AFP; Reuter  -  307 words
    • ASIA NOTES
      • Article
        Lock icon Ex-Aussie state PM guilty of fraud
        94 6 Reuter PERTH Former Western Australian premier Brian Burke was found guilty of four charges of false pretences and will be sentenced today. Burke, who served as Australian ambassador to Ireland between 1988 and 1991. was convicted on Wednesday. He was released on bail of
        Reuter  -  94 words
      • Article
        Lock icon Call for structural changes in Japan
        108 6 Reuter TOKYO If regulations continue to restrict Japan's economy, the nation's unemployment rate will surge because ot the hollowing out of industries and limited new business opportunities, the Japan Research Institute, a member of the Sumitomo Bank group, said in a report yesterday. The
        Reuter  -  108 words
      • Article
        Lock icon Aussie consumer confidence down
        63 6 Bloomberg Business News SYDNEY Consumer confidence in Australia fell 1.6 per cent in July after reaching a record in June. Westpac Bank said in a monthly sentiment survey yesterday. Westpac economist Bill Evans said the decline probably reflected headline news about the nation's unemployment rate rising
        Bloomberg Business News  -  63 words
      • Article
        Lock icon 5b rupees owed to Pakistan power firm
        71 6 Reuter KARACHI Pakistani private sector and domestic consumers owed five billion rupees (SS26O million) to Karachi Electric Supplv Corp as of June, a company spokesman said yesterday. The firm's after-tax profit fell to 103 million rupees in 1992-93 from 201 million in 1991-92
        Reuter  -  71 words
      • Article
        Lock icon Aussie wheat export at stake
        84 6 Reuter SYDNEY Australian wheat growers are concerned that an ongoing drought in the nation's prime hard wheat growing areas will threaten a key contract with Japan. Queensland Grain-growers Association president lan McFarlane said yesterday that growers in south Queensland and north New South Wales needed
        Reuter  -  84 words
      • Article
        Lock icon Japan's trade surplus likely to rise
        65 6 Bloomberg Business News TOKYO Japan's June merchandise trade surplus probably rose 3.2 per cent to USSIO.2 billion (5515.4 billion) from a year ago. according to an average of nine economists' forecasts compiled by Bloomberg Business News. With the yen getting much stronger since late
        Bloomberg Business News  -  65 words
  • Page 6 Advertisements
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      159 6 Whether you choose to purchase a family car or a performance car from Opel, one thing is certain every Opel you buy has its heritage in Germany. Home of the quality control specialists, where nothing is right until everything is perfect. On top of a very well-made Opel, you get
      159 words
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      74 7 BnBBBBKy&i. |^|BJFS| Jt 11 AA* JLV Pf/1 LT>®r ro^^iFpniffWßßß^^^Pf^B^^^^^^Bil^B^^^Ki fr-f ff^rilf"""" fj|M|Kpq^ 3%f&f >0 yak•, i,Jr «QlH^Q^wv^ 1 >ic Vi# I tjJ^""- v »•£*&-J&t-# '<~ 9 jßcy i^ v *<'"MV* f 'V v '"^1 HhhSBRME v-^v-.stgyKy >-<ir ._./!X -*gjyjvfcl >"- '-Jty>" r <"''. i 1 ,v*j 51 jt-tafc' ,-i 3Q
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  • THE WORLD
    • Article
      Lock icon Clinton suffers further setback as Congress turns hostile on Gatt
      438 8 Reuter WASHINGTON In the latest trade rebuff to President Clinton, plans for speedy passage of the landmark Gatt pact is faltering in Congress. Republicans hogged the floor to urge a delay in action Mr Clinton badly wants passage this year
      Reuter  -  438 words
    • Article
      Lock icon Canadian minister to beef up ties with Asia during tour
      430 8 AFP OTTAWA Canadian Foreign Minister Andre Ouellet leaves for a tour of Asia this month in a major Canadian initiative to improve relations with the Asia/Pacific Rim region. His visit will be followed up in November with a tour to
      AFP  -  430 words
    • Article
      Lock icon BBC seeks links with ITV, Channel 4 to develop international projects
      155 8 Reuter LONDON The BBC is willing to work on international projects with 1TV companies and Channel 4 in a bid to extend the influence of UK television worldwide. "If indeed any ITV company and ourselves found ways in which
      Reuter  -  155 words
    • Article, Illustration
      Lock icon Caught red-handed
      91 8 Reuter NORTH SEA A crewman of Norwegian whaler Senet making a threatening gesture at a Greenpeace cameraman who photographed him cutting up a 7.6 m Minke whale which had just been harpooned in the North Sea, 130 km from Denmark, on Tuesday. Greenpeace tracked the whaler, licensed by
      Reuter  -  91 words
    • Article
      Lock icon US trade gap narrowed in May, survey shows
      133 8 Bloomberg Business News WASHINGTON The United States international trade deficit in goods and services barely narrowed in May from a month earlier. Analysts yesterday said the deficit in goods and services declined to US$B.3 billion (SS 12.5 billion) in May from US$B.4
      Bloomberg Business News  -  133 words
    • Article
      Lock icon UK MPs' sleazy antics drag their public image to new low
      409 8 Reuter UPI LONDON Adultery, bizarre and fatal sexual experiments, pocketing cash for signatures the dubious exploits of its members is pushing public regard for the "Mother of Parliaments" to perhaps its lowest ebb ever. Recent months have seen a
      Reuter; UPI  -  409 words
    • Article
      Lock icon Modest rise in German capital spending seen
      113 8 Bloomberg Business News ERANKEURT Increases in capital spending by German companies will remain modest while employers move production abroad to take advantage of low labour costs, a survey shows. After stabilising this year. corporate investment will rise 8 per cent in 1995 and
      Bloomberg Business News  -  113 words
    • Article, Illustration
      Lock icon EU heads set to name Santer as chief
      426 8 Reuter AFP BRUSSELS European Union leaders look set to name Luxembourg Prime Minister Jacques Santer today as the European Commission's next president as a compromise choice to end a divisive row. Barring last minute surprises, Mr Santer is likely to emerge as
      Reuter; AFP  -  426 words
    • Article
      Lock icon UN, World Bank and IMF need to coordinate work to help poor: study
      336 8 Reuter UNITED NATIONS A new study of the United Nations says the UN, the World Bank and the International Monetary Fund should work more closely together to redress the world's economic inequalities. Entitled "Renewing the United Nations
      Reuter  -  336 words
    • WORLD WATCH
      • Article
        Lock icon Bonn sees GDP growth of 2.5 pc
        83 8 Reuter BONN The German Finance Ministry said it expected panGerman gross domestic product growth of 2.5 per cent in 1995 and around 3 per cent a year in 1996 to 1998. Detailing the 1995 budget, which will be approved by Cabinet today, the
        Reuter  -  83 words
      • Article
        Lock icon Swiss cry foul over WTO HQ
        88 8 AFP GENEVA Switzerland accused Germany of using economic and political muscle in the competition to provide a home for the new World Trade Organisation on Wednesday two days before the outcome was to be announced. Ambassador Francois Nordmann said that Germany had used all
        AFP  -  88 words
      • Article, Illustration
        Lock icon Blast to the past
        43 8 Reuter COLOGNE, Germany A fork of lightning striking the Wallraf-Richartz Museum near the Cologne cathedral on Wednesday. Heavy thunderstorms shook parts of Germany the previous night after a prolonged heatwave that saw temperatures shooting to 34 degrees C. Reuter
        Reuter  -  43 words
      • Article
        Lock icon Oil firms lose tax lag
        80 8 Reuter BONN The German Finance Ministry said large oil companies would in future have to make their annual oil tax payments in December instead of being allowed to delay payment up to the following February. Under new rules due to come into force from April
        Reuter  -  80 words
      • Article
        Lock icon Latvian govt resigns after split
        82 8 UPI RIGA, Latvia Latvia's government resigned late on Wednesday night following the defection of a key partner of the ruling party, according to news reports yesterday. Latvia s ruling Latvian Way party is now looking for new political allies following the defection of the Peasants
        UPI  -  82 words
      • Article
        Lock icon Italian prosecutor issues 49 warrants
        87 8 AFP MILAN The prosecutor here issued 49 arrest warrants against a steel magnate, fraud squad officers and businessmen yesterday, judicial sources said. But security forces were having difficulty in arresting them because they had gone on holiday and only atout 10 people, six of them
        AFP  -  87 words
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      217 8 Support*J By lON MM IwS urnTl i«a\YiTij I in foulks Hii LYNCH count (THE CERTIFIED DIPLOMA IN ACCOUNTING FINANCE) SPECIALLY DESIGNED PROFESSIONAL DEVELOPMENT PROGRAMME FOR MANAGERS EXECUTIVES CONDUCTED BY UK LOCAL LECTURERS CDAF The Certified Diploma in Accounting and Finance was introduced by the Chartered Association of Certified Accountants (ACCA)
      217 words
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  • SPORTS
    • Article, Illustration
      Lock icon Dreams over, no happy endings for fairy tales
      866 9 World Cup Finals AFP LOS ANGELES Reality returned to the World Cup here on Wednesday when Brazil and Italy won their rightful placc in Sunday's final. The fairy talc that saw Romania, Bulgaria and Sweden shake the world's football giants, found no
      AFP; Reuter  -  866 words
    • Article
      Lock icon Brazil and Italy look to history for inspiration
      420 9 AP PASADENA Brazil hopes it's a repeat of 1970, when it crushed Italy 4-1 in the World Cup final. Italy wants it to be another 1982. when a 3-2 victory over the Brazilians late in the competition was a major step toward
      AP  -  420 words
    • Article
      Italy must plug in Milan connection to counter Brazil
      696 9  -  By Shahiron Sahari SINGAPORE Everyone who witnessed AC Milan's 4-0 dismantling of powerful Spanish champion Barcelona in last May's European Cup final must have been wondering since then just when the Milandominated Italian national team would start playing the same way
      696 words
    • Article
      Lock icon All Italy's hopes rest on shoulders of Baggio
      468 9 NYT EAST RUTHERFORD. New Jersey Roberto Baggio and the man in the suit were arm in arm at the end, heading towards the shadows and all the noise at the west end of Giants Stadium. Baggio's two goals had created their emotional
      NYT  -  468 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Asian Games
        104 9 UPI MANILA Fearing their athletes might not return from the 1994 Asian Games in Japan. Philippine sports officials said yesterday that competitors will be required to post a cash bond before departing. Manuel Lopez, an officer with the Philippine Olympic Committee, said he proposed the idea to prevent
        UPI  -  104 words
      • Article, Illustration
        Lock icon Athletics
        99 9 AP LONDON British athletes Linford Christie, Sally Gunnell and John Regis were strongly warned by the International Amateur Athletic Federation yesterday over their non-appearance at a meeting in Stockholm on Tuesday. The trio will be allowed to compete at the Grand Prix meeting in London despite calls form the
        AP  -  99 words
      • Article, Illustration
        Lock icon Cycling
        96 9 AFP LOURDES HAUTACAM, France The 1994 Tour de France looked destined for Miguel Indurain yesterday, after his only rival, Toni Rominger. admitted he was finished. The Swiss rider, try ing to recover on the Tour's rest day. had been destroyed by Indurain in the agonising 13km climb which climaxed
        AFP  -  96 words
      • Article, Illustration
        Lock icon Golf
        390 9 AFP AFP TURNBERRY, Scotland American stars like Curtis Strange. Fred Couples and Raymond Floyd have stayed away from the British Open because of the "rip-off prices at the official hotel, fellow-countryman Mark Calcavecchia said here on Wednesday. The 34-year-old. who won the 1989 Open down the road at Troon,
        AFP  -  390 words
      • Article, Illustration
        Lock icon World Cup
        261 9 Reuter AFP PASADENA Romario, scorer of Brazil's late semifinal winner against Sweden, sees Sunday's final as the perfect stage for a duel between himself and Roberto Baggio to find the game's top striker. "We have both shown that we are capable of scoring important goals for our teams,"
        Reuter; AFP  -  261 words
      • Article, Illustration
        Cricket
        44 9 CHESTER-LE-S'IREET, England South African tour match Wednesday: Durham 228 (G Fowler 68. C W Scott 53. B M McMillan 4-47, P S d Villiers 4-80) and 34-0 v South Africa 428-4 dec (G Kirsten 201. A C Hudson 64. K C Wessels 53).
        44 words
    • Article, Illustration
      Lock icon English rookie Lomas takes early lead
      603 9 British Open r.oif AP TURNBERRY, Scotland Jonathon Lomas. an obscure English rookie on the European PGA tour, shot a 4-under-par 66 yesterday and took the early first-round lead in the 123 rd British Open golf championship. Lomas. 26, playing in his first British Open,
      AP; Reuter  -  603 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      934 10 ':~_*/]</"\+'}="[!>&`=$\`~^"{:@ fresh! .PASTA DAI LY. W From Pasta Fresca. The only restaurant to make its own specialty pasta. Fresh. everyday. Savour perfect pizza, great gelati and terrific tiramisu. All topped with Italian hospitality. Pasta Fratco Da Satvator* Pl» Ltd 30 Boot Quay. SIOIO4I lOpen 24 hours) Tel 532 6283/532 3810
      934 words
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      Page 10 Advertisements Column 2
      226 10 Jancy 'Beijing? I Then, we're delighted to suggest the Vine Court for a memorable dining experience. I Our lunch menu offers a variety of I dian %in 'Beijing dumplings, a selection V I of set menus, and "Beijing specialities n|f|£j, I such as "Beijing Bathed Tench and Bcgc*!! I Marinated
      226 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon It's story-telling time at Harbourfront
      926 11  -  Clyde Farnsworth checks out the new excitement for writers in Toronto Clyde Farnsworth NYT IT's 8 p m on a Tuesday in a cultural centre on transformed industrial land along Lake Ontario. Lights dim. Candles on small round tables cast fancifully flitting shadows on the
      NYT  -  926 words
    • Article, Illustration
      Lock icon The Aerosmith saga — a heavy metal tell-all book
      558 11 The Aerosmith saga a heavy metal tell-all book CHATTERBOX AP AP AP UPI MEMBERS of Aerosmith promise a bumpy ride in their heavy metal tell-all book. Tentatively titled Walk This Way: The Aerosmith Saga, it will be written by Stephen Davis, author of Hammer of the Gods, about Led Zeppelin.
      AP; UPI  -  558 words
    • Article, Illustration
      Lock icon Lincoln's earliest photo
      44 11 Reuter NEW YORK A researcher has determined that this 1840s daguerreotype of a young man is the earliest known photograph of Abraham Lincoln. I he photo, owned by New York stockbroker Albert Kaplan, was examined by a French reconstructive surgeon. Heater
      Reuter  -  44 words
    • Article
      Lock icon Michael Douglas opts out of Cutthroat Island
      115 11 UPI ACTOR Michael Douglas has dropped out of Culthnkit Island. an upcoming Carolco Pictures Film which was expected to feature Douglas and Geena Davis. Davis' husband Kenny Harlin is directing the pirate movie romp. Speed star Keanu Reeves is said to top the
      UPI  -  115 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1267 11 TV RADIO ■HM|p rr fV v^lll The Abyss, 7.30pm, SBC 5 James Cameron (Alien) moves SBSBKIp/'; into the deep sea in this 1989 adventure-fantasy. A nuclear r sub sinks in the Atlantic, and a [jgsSfBKll&. commercial underwater rig in- BSmBp;: vestigates. storm rages on |j|^Hnpp^t the surface, a marine on
      1,267 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      3rd time lucky for S'pore
      751 12  -  While in Cannes in June, Schutz Lee uncovered two Singapore winners at an annual advertising festival Schutz Lee IT MUST have been third time lucky this year for Singapore in the annual Cannes International Advertising Festival, Lions '94. Since the press and poster ads segment
      751 words
    • Article, Illustration
      Lock icon Louis Vuitton bags are travelling well
      568 12  -  French luxury leather luggage maker Louis Vuitton is experiencing growth rates not seen since the boom years of the 1980s. David Jones reports David Jones Reuter THE FRENCH luxury goods industry is big business and extremely profitable. The head of Louis Vuitton, Yves Carcelle.
      Reuter  -  568 words
    • COPY LINES
      • Article
        Marathon sale at Exklusiv Auto
        93 12 SINGAPORE Exklusiv Auto Services, sole dealer of Renault cars in Singapore, began a marathon four-day sale at 7am yesterday, in conjunction with the French National Day. It will end at 7am on Monday. This Bastille Day promotion at the Übi Road showroom will feature a
        93 words
      • Article
        Lloyd Martin's revenue up 112pc
        71 12 SINGAPORE Lloyd Martin, a local medium-sized agency affiliated to Foote, Cone and Belding, has attained 112 per cent growth in revenue, with gross billings of $6.5 million. The agency says its huge growth is due to an integrated marketing strategy plus an expansion into public
        71 words
      • Article
        Monsoon Ad has $9m in billings
        52 12 SINGAPORE After about six months of operation, local agency Monsoon Advertising has chalked up $9 million in billings. It picked up another piece of the Mercedes-Benz account, this time from PT German Motors in Indonesia. Monsoon already handles local advertising for Mercedes-Benz in Singapore
        52 words
      • Article
        Emirates offers shopping trips
        57 12 SINGAPORE Emirates Holidays, the vacation management division of Emirates, UAE's international airline, has designed three-night shopping breaks to Singapore for UAE, Gulf and Middle East residents. The trips, promoting the Great Singapore Sale, are priced from US$B77 (S$ 1,333) per person and offers a choice of
        57 words
    • Article, Illustration
      Spin hopes to sell on smell
      605 13  -  Jennifer Lien looks at UICs ad campaign for its Spin detergent Jennifer Lien HAVE you ever wondered what the difference is between all those detergent brands on supermarket shelves? Apparently, not much, just as you had suspected. According to UIC Chemicals deputy general manager
      605 words
    • Article, Illustration
      Lock icon Pepsi-Cola realigns corporate marketing activities
      403 13 NYT IN A significant realignment of its corporate marketing activities. PepsiCola Co is shuffling its executives and consolidating the advertising and packaging of its new products as well as its core brands like Pepsi and Diet Pepsi. "Structurally, it's an important change because Pepsi is
      NYT  -  403 words
    • Article
      Lock icon China market rescues Remy Cointreau from stagnant sales
      267 13 Bloomberg Business News WHETHER Remy Martin is the bestselling cognac in China because of increasing affluence or a superstition that the fragrant spirit makes men better lovers is anyone's guess. Remy Cointreau SA isn't asking. China has become a vital market for
      Bloomberg Business News  -  267 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      167 12 Mandarin Gardens Full-Service Accommodation 15 Siglap Road. #01 -04/05, Singapore 1544 Tel: 441 2888 Fax: 444 6839 A RESORT THAT'S ALSO A HOME Full-Service Accommodation by the Sea Mandarin Gardens offers a lot more than just a roof over your head. It's a vacation in itself. Imagine, a wide range
      167 words
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      Page 12 Advertisements Column 2
      22 12 ONE OK THESE WOMEN HAS AIDS. NOW WHICH OWE ARK YOU GOING TO PICK I P' \ll»% IT'S \OT VOIIN THE UAMHIi
      22 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      71 13 I 'WSJ < CELEBRATE THE GREAT SINGAPORE SALE AT Save up to 60% as we celebrate the Great Singapore Sale with our own Great Watch Sale at Centrepoint. Don't miss this rare opportunity to enjoy great savings on all the best brands, for three days only, at Deluxe Eastern Watch,
      71 words
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  • Article
    Europe looks to Asia, at last
    563 14 EDITORIAL AT LONG last, the European Commission has drawn up a new poliey on Asia. Some may say it is a classic case of too little, too late. The policy paper made public this week contains no ambitious new vision for upgrading the European
    563 words
  • WHAT THE OTHERS SAY
    • Article
      Safety first at work
      249 14 THE TWO foreign workers crushed to death by a cable drum earlier this month were sad victims of a terrible accident, but their case highlights once again the dangers foreign workers can face. Driven by poverty and unemployment, and fleeced quite often by unscrupulous middlemen in
      249 words
    • Article
      Yemen takes on a new look
      154 14 YEMEN is somehow reunited this time. The fall of South Yemen and the leadership of Ali Salem al-Baidh is an episode full of ironies. Most Yemenis belong to the same religion Islam. They are from the same stock. Yet, the civil war took place
      154 words
    • Article
      A bigger role for Germany
      157 14 GERMANY'S highest court has ruled that the country's armed forces have the right to operate anywhere in the world with parliamentary approval to carry out peacekeeping operations. The ruling was much awaited by the German government. The Helmut Kohl-led government has always hoped that German
      157 words
    • Article
      Lots of talk, no action
      156 14 IN A few years, the Naples summit will be considered small potatoes, because it was more of a reversion of the G-7 summits in the 1980s and took no concrete steps. The pattern of the Naples summit was to congratulate each member of the G-7
      156 words
    • Article
      Justified delay
      141 14 THE NEW Police Commissioner, Eddie Hui Ki-on, seized the opportunity at yesterday's Legislative Council security panel meeting to remind members that the Organised and Serious Crime Bill was still awaiting their approval. The bill has been before Legco for 2 x h years. With Legco in recess until
      141 words
    • Article
      A parochial grouping
      173 14 WHEN THE LEADERS of the world's seven richest nations sat down to talk in Naples this time round, economic issues were not on the top of the agenda despite the chaos in the financial markets. When they did manage to get down to discussing economic issues, they
      173 words
  • Article, Illustration
    Just itching for another fight
    1172 14  -  Harish Mehta reports on moves by the outlawed Khmer Rouge to secure weapons with funds from its illegaf gem and timber trade with Thai firms Harish Mehta THt outlawed Khmer Kouge guerillas have begun preparations for another offensive against the Royal Cambodian government, and are
    1,172 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      194 14 il^ g. T. fe S8 The Teleview m >.>>■ ®^rw\V j& Market With m fS-^ Jt-'^i HiS SrsH 3_^. />* > y v SV/>-ii Here is a uni< i ue §z c ?(V Cs/ (iJi opportunity to: ly^O/h/fcrji i\^// j Widen the market for your Teleview's members are in the
      194 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      77 14 a rood"weftes no fbiNT UUNCW IN TUE FißroS noi>/ look uvo v-\p\S in trv/»mg to CPsiATteN per r»v/ ofMsTutfG- pvlopns e.xeßc.\se vr 9£\OGuD PnORY...TMfVT OOOLD u»toseuf CM TfcKG. FP*£ Too LC^G... o!' -> tfV?) f^PPGPiSPsMCC ——IE <*«■» pe R on OF CALLS Pofc )7na^ p* shock... p&paTic p»o >*J4 S^'
      77 words
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  • ANALYSIS
    • Article, Illustration
      Light pierces the darkness in the Kashmir Valley
      1220 15  -  Yogi Aggarwal says the Indian government should capitalise on its growing advantage against the militants and intensify negotiations Yogi Aggarwal The writer, a Bombay-based journalist, visited Kashmir recently. He contributed this article to BT FOUR years after insurgency in the Kashmir Valley
      1,220 words
    • Article
      Hailing a new locomotive of global trade and investment
      1242 15  -  The World Bank says East Asia has to take over the pivotal role that the United States and Europe used to play. Leon Hadar reports Leon Hadar The writer is BT's Washington C orrespondent EAST ASIA is well placed to spark
      1,242 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      648 15 Kchristiania bank CHRISTIANIA BANK OG KREDITKASSE Head Office: P.O. Box 1188 Sentrum, 0107 Oslo 1, Norway Singapore Branch: 331 North Bridge Road, #21-01 Odaon Towere, Singapore 0718 AM ffgum In NOK mMUon Balance Sheet Statement of Income aa at 31 December 1993 tor th« yw •ndad 31 December 1993 1953
      648 words
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  • Article
    Lock icon US frustration grows over slow progress in Japan trade talks
    524 16 AP Bloomberg Business News Reuter TOKYO Talks on opening Japan's markets wider remain bogged down, and frustration is rising in the American business community, a ranking United States trade negotiator said yesterday. "Across the board, progress has been very slow,"
    AP; Bloomberg Business News; Reuter  -  524 words
  • Article, Illustration
    Lock icon Mourning a lost leader
    30 16 Reuter PYONGYANG Soldiers of the North Korean People's Army weeping as they filed past the coffin of the late President Kim II Sung here yesterday. Reuter
    Reuter  -  30 words
  • Article
    Lock icon Star ends HK cable TV talks, complains to govt
    268 16 Reuter HONGKONG Rupert Murdoch's Star TV has finally thrown in the towel on providing free and pay channels to Hongkong's only cable television operator and complained to the government that the local firm, Wharf Cable, is abusing its exclusive licence to
    Reuter  -  268 words
  • Article
    Lock icon UK gives green light for fifth terrestrial TV channel
    189 16 Reuter LONDON Britain yesterday gave the green light for a fifth terrestrial television network and up to 12 digital terrestrial television services that it said would extend choice and pave the way for high-tech digital television for all. But the final
    Reuter  -  189 words
  • Article
    Lock icon US Marines rehearse evacuation of citizens from Haiti
    323 16 AP Reuter WASHINGTON United States Marines rehearsed a military evacuation of Americans from Haiti while a top senator has cautioned against invasion, saying the island is not a "vital" US interest. White House spokeswoman Dee Dee Myers said yesterday there was no
    AP; Reuter  -  323 words
  • Article
    Lock icon Britain announces sweeping defence cuts
    160 16 AFP LONDON Britain yesterday announeed sweeping defence cuts that would eliminate 18,700 jobs, close dozens of bases and trim military spending by £700 million (551.65 billion) a year. Defence Secretary Malcolm Rifkind told the House of Commons the cuts would trim fat. increase efficiency and
    AFP  -  160 words
  • Article, Illustration
    Is the rest of Asia ready for this latest endaka?
    886 16  -  The Bottom Line VIKRAM KHANNA VIKRAM KHANNA The writer is BT's regional economics editor JUST as Japan's corporations arc anticipating an economic recovery after languishing for four long years in the trough of recession, along comes the latest endaka. in
    886 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      40 16 ([}}){(=&((>%)$][$;($\^?(~',?-} HEINEKEN HAS MADE IT TO THE FRONT PAGE. ft bhi.h:h.l -"P- U- 1 H nt—i* i" W' m 4 fx. i > Now at the Front Page pub, Heineken on draught. v*- > 9 Moh«me<J Sultsn Road, Singapore 0923. Tel: 235 7013.
      40 words
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      Page 16 Advertisements Column 2
      49 16 Singapore Kuala Lumpur NGEE ANN 00EON TOWERS MENARA IMC CITY (Opp Raffles mj (Opp Shangri-La Hotel) (Orchard Road) Hotel) A QUALITY INSTANT OFFICES Tel 65-*****43 Fax 65-*****76 If you just want a prestigious address, a secretary to answer your telephone calls, a fax and more call us at 65-*****66
      49 words
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      Page 16 Advertisements Column 3
      47 16 You may have been unable to get your Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      47 words
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      Page 16 Advertisements Column 4
      228 16 Tomorrow in Business Times The HOT Topic fe I GSTAssist I Worrying about GST computation, inCorhplete and H inaccurate returns, penalties, late interests, unnecessary H tied up funds? GSTAssist is here to assist you. H HH GSTAssist is a Window-based user-friendly program specially Hj 111 l written to assist you
      228 words
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  • COMPANIES & MARKETS
    • Article
      Sembawang unit in link-up to bid for mobile phone licence
      318 17  -  By Genevieve Cua SINGAPORE A Sembawang Corp subsidiary will join a UK-based company to bid for the second licence to provide public mobile phone services in Singapore. Sembawang Systems (Semsys) has signed a preliminary agreement with Vodafone to tender for
      318 words
    • Article
      Semcon wins $19.3 m Aspen Heights deal
      326 17 SINGAPORE Sembawang Construction Pte Ltd (Semcon) has clinched a 519.3 million contract to build the 20,000 sq m basement structure of the 610-unit Aspen Heights, a DBS Land condominium project at Institution Hill off River Valley Road. In a statement yesterday, the company,
      326 words
    • Article
      CAM Mechatronic IPO subscribed 1.5 to 2 times
      279 17 SINGAPORE The initial public offer of precision engineering group, CAM Mechatronic, closed yesterday with a subscription rate of between 1.5 and 2 times. The company offered 60 million new 10-cent shares, to be listed on the main board, at 68 cents apiece.
      279 words
    • Article, Illustration
      No more sure-wins for stags
      738 17  -  HOCK LOCK SIEW By Ven Sreenivasan SINGAPORE The US dollar is wobbly. Interest rates look set to rise. And the stock market is still in the doldrums. Any company waiting to offer new shares couldn't have picked a worse time. Vet. there were four IPOs
      738 words
    • Article
      TRI shares get boost from strong interim results
      537 17  -  From Ho Kay Tat in KUALA LUMPUR SHARES of Technology Resources Industries Bhd (TRI) got a mild boost yesterday after the company allayed concerns about its earnings for this year with a strong sixmonth performance. TRI shares gained 50 sen to close
      537 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        44 17 Firm Market A/<**/' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Ovirnight events may alter sentiment Brokers nt tiled: Alliance. Barings, Daiwa. Fraser. Gk iioh Morgan (ircnlcll. Somura. I'lulhp. Smith Sen Court. Tat Lee and SG Warburg
        44 words
      • Article, Illustration
        HOT STOCK
        137 17  -  By Paul Leo Polytck Wearnes Holdings succumbed to strong selling pressure yesterday, falling four cents to end at $1.04. Volume was 140.000 more than double the previous day's 68,000 units and almost three times the 10-day average of 49,000. But there is a silver lining. The daily Relative
        137 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Goldtron settles legal suit
          57 18 SINGAPORE Goldtron Ltd settled out-of-court the legal suit brought against it by the vendors ot Australian video cassette company Duplication Centre Pty Ltd on Feb 4, 1994. In a statement yesterday, Goldtron said the legal action was withdrawn on July 14, 1994, and the settlement will
          57 words
        • Article
          Tommy Koh joins DBS Bank board
          55 18 SINGAPORE DBS Bank has appointed Tommy Koh as a non-executive director of the company tor a term ot three years from yesterday. Prof Koh is also a director of Historical and Cultural Exhibitions Pte Ltd. He is Singapore's Ambassa-dor-at-large as well as the chairman
          55 words
        • Article
          Nod for Hong Leong Bank share float
          162 18 KUALA LUMPUR Hong Leong Bank Bhd (HLB), which is seeking a main board listing, has received the approval of the Securities Commission for its proposed flotation scheme under revised terms. The revised scheme comprises a rights issue of 158 million HLB new ordinary
          162 words
        • Article
          Hicom is new KLCI component stock
          73 18 KUALA LUMPUR Hicom Holdings Bhd yesterday became the 86th component of the Kuala Lumpur Stock Exchange Composite Index. The government conglomerate, which was listed on the Kuala Lumpur Stock Exchange main board via a reverse takeover of and asset injection into the New Serendah
          73 words
        • Article
          Lock icon Siemens to ink Thai rail deal today
          88 18 Bloomberg Business News Reuter FRANKFURT The German electrical and engineering giant Siemens AG said it is hoping to sign a 1 billion deutschemark (***** million) contract in Thailand today, pfficials of the Bangkok Transit System Corporation Ltd (BTS) in Bangkok said that a
          Bloomberg Business News; Reuter  -  88 words
        • Article
          Lock icon Austral going into property devt
          58 18 Bernama KUALA LUMPUR Austral Enterprises Berhad, the plantation arm of property developer Island Peninsular Berhad (I&P), plans to convert several of its oil palm estates into property development project. "Of the estates to be developed, we will probably start with the Jentayu estate in Gurun,
          Bernama  -  58 words
      • Article
        UNIT TRUSTS & FUNDS
        516 18 UNIT TRUSTS FUNDS ManaftfV prict* Jul 15 UMB Invest Mgt Ltd ii_s* TmuI Unifund 1.43 1.49 Singapore Unit Trust un.bo»d+ i.oj 1.055 The Commerce 1.61 1.70 United Gr Fund! 1.66 1.73 The Savings Fund 1.51 1.60 United Asia Fund 1.59 1.69* S'porc Prog Fund 0.68 0.72 AD a,-,.-.---S'porc Sec Fund
        516 words
      • Article
        Thai firm to build US$120m industrial park in Laos
        420 18  -  From Loh Hui Yin in BANGKOK A THAI company will develop a massive US$l2O million (S$ 182.4 million) industrial park in Laos, near the bustling Thai-Lao border. The project will cover almost 1,000 ha of land, making it the biggest industrial
        420 words
      • Article, Illustration
        Indon developer and chemicals distributor to launch IPOs
        569 18  -  By William Chia SINGAPORE Two Indonesian companies property developer Ometraco Realty and chemicals distributor Aneka Kimia Raya are braving the chilly weather on the Jakarta bourse to launch their initial public offers (IPOs). Ometraco Realty, the property arm of the diversified Ometraco
        569 words
      • Article
        Extel poll springs a few surprises
        478 18 SINGAPORE No prizes for guessing who topped UK-based Extel's 1994 poll of SingaporeMalaysia research analysts Baring Securities has reigned since the poll began in 1989. However, surprises abound at the rungs below. Only three of 1993's Top 10 firms remained on this year's list.
        478 words
      • Article
        Lock icon Kamunting hoists group pre-tax profit 48pc
        173 18 Bernama KUALA LUMPUR Kamunting Corporation Bhd reported a 48 per cent jump in group pre-tax profit to M 571.51 million (5541.7 million) for the year ended Mar 31, 1994, against M 548.23 million the previous year. Releasing its audited results here yesterday, Kamunting Corp
        Bernama  -  173 words
      • Article
        Lock icon Damansara seeks more timber concessions in Sabah, Sarawak
        317 18 MBT KUALA LUMPUR Damansara Realty Bhd, which expects the proposed acquisition of timber-based Makmuran Sdn Bhd to bring in profits of M 5464 million (***** million) for the next 10 years, will scout for further concessions in Sabah and Sarawak. The company
        MBT  -  317 words
      • Article
        Lock icon KFC expects its marketing strategies to lead to stronger sales growth
        298 18 Bernama KUALA LUMPUR KFC Holdings (Malaysia) Bhd believes its marketing strategies set in 1993 will lay the foundation for stronger growth in sales in 1994 and beyond, which will in turn have a positive impact on its profit. Executive
        Bernama  -  298 words
      • Article
        Lock icon Indofood float fails to lift Indon stock market
        559 18 Reuter JAKARTA The sagging fortunes of the Jakarta stock market, which hit a low for the year this week, have not been revived by the float ot PT Indofood. the world's largest maker of instant noodles. Indofood shares made their debut on
        Reuter  -  559 words
      • Article
        Sum Cheong in tie-up to capitalise on Philippine building upswing
        504 19  -  From Al Labita in MANILA SINGAPORE'S Sum Cheong Piling Pte Ltd has forged a "strategic alliance" with Manila's AG&P to cash in on the current upswing of the Philippine construction industry. In a statement yesterday, AG&P president Roberto Villanueva said
        504 words
      • Article, Illustration
        San Miguel first quarter profit jumps 40pc
        171 19  -  From Al Labita in MANILA PROFIT of San Miguel Corp (SMC), Asean's largest food and beverage conglomerate, jumped 40 per cent to 870 million pesos (5548.6 million) in this year's first quarter. In a report yesterday to the Philippines Stock Exchange, SMC said
        171 words
      • Article
        Brierley completes first stage of NZ$280m investment links in Asia
        407 19  -  By Peter Osborne SINGAPORE New Zealand's Brierley Investments Ltd has completed the first stage of its NZS2BO million (***** million) investment strategy to build joint ventures and business links in Asia. The head of BlL's Asian investment team, Mr Andrew
        407 words
      • Article
        Lock icon CBS self-tender seeks to protect share price after QVC flop
        333 19 Reuter NEW YORK CBS Inc moved quickly on Wednesday to shore up its stock price in the wake of its abandoned merger with QVC Inc. CBS said it would buy back up to 3.5 million of its shares, or 22
        Reuter  -  333 words
      • Article
        Lock icon Court orders Manila to justify sale of refiner
        261 19 AKP MANILA The Supreme Court yesterday ordered the Philippine government to establish the legality of the sale of oil refiner Petron Corp to Saudi Arabian oil company Aramco. Opposition legislators want the court to declare the deal void and stop the firm
        AKP  -  261 words
      • Article
        Lock icon Baxter and Duke sign novel contract on hospital supplies
        445 19 NYT CHICAGO Baxter International Inc. the world's largest hospital supply company, has signed a novel contract with the Duke University Medical Centre that could become a national model for cutting health care spending. The five-year supply agreement. which was expected to
        NYT  -  445 words
      • Article
        Lock icon Comet's crash into Jupiter spells bull market for some
        267 19 Bloomberg Business News NEW YORK Tomorrow the first of 21 fragments of the Shoemaker-Levy 9 comet will slam into the planet Jupiter, thus beginning a week-long bull market in stocks. So says Henry Weingarten, a self-described astrological analyst. one of a
        Bloomberg Business News  -  267 words
      • COMPANY BRIEFS
        • Article
          Lock icon Aussie journalists on strike
          64 19 Reuter SYDNEY Journalists at Rupert Murdoch's Australian newspapers began striking yesterday over a dispute involving the introduction of new technology and a wage claim. Journalists on the national daily The Australian. Sydney's The Daily-Telegraph Mirror and Sunday Telegraph and Melbourne's Herald-Sun all voted to strike until
          Reuter  -  64 words
        • Article
          Lock icon SG Warburg gets Taiwan nod to invest
          59 19 Bloomberg Business News TAIPEI SG Warburg Securities has won permission to invest USS2OO million (SS3O4 million) in Taiwan's stock market, the Securities and Exchange Commission (SEC) said. Foreign financial institutions have been allowed to buy and sell Taiwan stocks directly since 1991. Direct
          Bloomberg Business News  -  59 words
        • Article
          Lock icon Glaxo quits investment banking
          78 19 Bloomberg Business News LONDON Glaxo Holdings pic. a UK pharmaceutical group, is shifting the management of its investment portfolio to outside experts following losses of over £100 million (*****.7 million), the Financial Times said. "We are going to concentrate on pharmaceuticals from now on. rather than
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Minolta to form two ventures in China
          107 19 AFP TOKYO Japan's Minolta Co Ltd said yesterday it would set up two joint ventures in October in Shanghai and Wuhan to produce and sell cameras and copying machines. Minolta is the first Japanese company to form a joint venture with Chinese partners
          AFP  -  107 words
        • Article
          Lock icon Whirlpool buys India's Kelvinator
          84 19 AFP HONGKONG Whirlpool Corp, the US home appliance manufacturer announced on Wednesday that it will take a controlling stake in Kelvinator of India Ltd for USSIOO million. In a statement issued in Hongkong. Whirlpool said the acquisition of India's biggest refrigerator-maker would be made through the
          AFP  -  84 words
      • Article
        Lock icon Chrysler reports higher 2nd-qtr profit of US$956m
        210 19 Reuter HIGHLAND PARK. Michigan Chrysler yesterday reported a stronger-than-expec-ted US$956 million (551.44 billion) in profits for the second quarter. Chrysler, the nation's thirdlargest automobile manufacturer, has been on a roll recently, earning high marks for new products like the Dodge Ram truck, Plymouth
        Reuter  -  210 words
    • FOCUS
      • Article
        Big players jostle for position as Asian market awakens
        1233 20  -  Australian life insurance industry Reports by Peter Osborne SINGAPORE Australian life insurance companies, propelled by a stagnant market at home and lured by the prospects of fast-growing regional markets and a growing appetite among Asian consumers for insurance, have joined a
        1,233 words
      • Article, Illustration
        Aussie insurers make beeline for Indonesia
        638 20 RAPID economic growth in Indonesia has led to an explosive growth in demand for insurance products among the burgeoning middle class, making it one of the most exciting markets for life insurance in the Asian region. And the big Australian life companies have moved
        638 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Derivatives take off in Asia but laws slowing progress: bankers
        376 21 Router SINGAPORE Financial derivatives are beginning to take off in South-east Asia as business becomes more international, but bankers warn that tight monetary controls in many countries are hindering development of the market. It is likely to be some time
        Router  -  376 words
      • Article
        Lock icon HK insurance industry faces govt regulations at last
        282 21 Reuter HONGKONG Hongkong's wildly competitive HKS33 billion (556.4 billion) insurance industry is finally getting a taste of what other markets have had to swallow for years government regulations. The colony's major insurers yesterday said they welcomed recently introduced guidelines as long as
        Reuter  -  282 words
      • Article
        Lock icon Bank of China posts interim profit of 4.4b yuan
        229 21 Reuter BEIJING The Bank of China posted a profit of 4.38 billion yuan (***** million) in the first half of 1994, bank president Wang Xuebing said yesterday. He gave no comparative figures. Xinhua news agency quoted Mr Wang as saying the
        Reuter  -  229 words
      • SMALL CHANGE
        • Article
          Lock icon Siam Commercial plans Viet tie-ups
          103 21 Reuter BANGKOK Siam Commercial Bank pic plans banking joint ventures in Vietnam and Nepal with local partners, the bank told the Stock Exchange of Thailand yesterday. A bank called Vina Siam Bank to be set up in Hanoi, Vietnam, has US$l5 million (5522.8 million) registered
          Reuter  -  103 words
        • Article
          Lock icon Local currency credit cards for Myanmar
          82 21 Berna-ma-Xinhua YANGON The Central Bank of Myanmar has permitted three private banks to conduct the local currency credit card operations. The local currency credit card operations is the first time to be introduced in Myanmar. The three permitted private banks are Myanmar Oriental Bank
          Bernama-Xinhua  -  82 words
        • Article
          Lock icon Meiko to withdraw from HK: report
          63 21 AFP TOKYO Japan's Meiko Securities Co will withdraw from Hongkong at the end of August after its subsidiary' there posted considerable deficits, the Kyodo News Service said on Wednesday. Meiko's Hongkong arm. which has been handling transactions in Japanese stocks for local investors since
          AFP  -  63 words
        • Article
          Lock icon Astoria to acquire Fidelity NY
          71 21 NYT NEW YORK The Astoria Financial Corp signed a definitive agreement on Wednesday to acquire Fidelity New York, a federal savings bank, for US$l6O million (***** million) in cash, in the latest sign of consolidation among savings institutions in the New York area. The transaction
          NYT  -  71 words
      • Article, Illustration
        Lock icon Shanghai insurers win deals for 2 key projects
        289 21 AFP SHANGHAI Shanghaibased insurers have landed substantial contracts in the past week to underwrite two key projects, reports said yesterday. reflecting the city's growing status as China's insurance hub. Shanghai's China Pacific Insurance Co (CPIC) signed an agreement with the Hongkongbased and
        AFP  -  289 words
      • Article
        Lock icon TSE to call on Simex to use circuit-breaker
        154 21 Reuter TOKYO The Tokyo Stock Exchange (TSE) will call for the Singapore International Monetary Exchange (Simex) to introduce a circuit-breaker on Japanese equity instruments listed in Singapore. A TSE official yesterday said the move was an attempt to prevent excessive futures market
        Reuter  -  154 words
      • Article
        Global energy demand may jump 50pc by 2020
        460 22  -  Nuclear power playing vital role in meeting this need From Neil Behrmann in LONDON GLOBAL ENERGY demand will soar by 50 per cent by the year 2020. and nuclear power will continue to play a major role in meeting this need, forecasts
        460 words
      • Article
        Futures boosted by Nigeria unrest, lower supplies
        182 22 Bloomberg ENERGY REPORT LONDON Brent crude futures on the International Petroleum Exchange rose for the sixth day as labour unrest in Nigeria continued to threaten the country's exports. Futures were also buoyed by a lower-than-expected North Sea Brent loading programme in August from
        182 words
      • Article
        Lock icon Japanese coal buyers said to have ripped off Aussie producers
        331 22 AFP CANBERRA Japanese coal buyers have been using superior team work and detailed inside information to systematically rip off Australian producers, mining union chief John Maitland charged on Wednesday. Mr Maitland. president of United Mine Workers, said Japanese importers had
        AFP  -  331 words
      • Article
        Lock icon US energy producers clinch contracts with Indian partners
        362 22 AFP NEW DELHI US investors pledged hundreds of millions of dollars to boost India's deficient energy sector in an array of deals clinched on Wednesday, the sixth day of a visit here by US Energy Secretary Hazel O'Leary. More agreements worth billions
        AFP  -  362 words
      • Article, Illustration
        Lock icon Rice to occasion
        29 22 Reuter TOKYO Australian Trade Minister Bob McMullan sampling a plate of Australian rice at an event held here yesterday to promote Australia's newly harvested crop. Reuter
        Reuter  -  29 words
      • Article, Illustration
        Lock icon US oil lobby sues over rule on market share for ethanol
        236 22 WASHINGTON The American Petroleum Institute and the National Petroleum Refiners Association filed a lawsuit seeking to block the US Environmental Protection Agency's rule mandating a market share for ethanol and other renewable fuels. The oil groups arc also seeking
        Reuter  -  236 words
      • Article
        Lock icon US demand for lead brisk as battery makers bask in summer heat
        318 22 KnightRidder NEW YORK Extreme weather is helping US battery makers to a banner year and US lead producers are watching as their inventories of lead dwindle. As much as 80 per cent of US lead consumption is used
        Knight- Ridder  -  318 words
      • Article
        Lock icon India to buy 1.5m tonnes of iron scrap
        100 22 Reuter NEW DELHI India will import over 1.5 million tonnes of ferrous scrap in the 1994-95 (April-March) fiscal year, the country's biggest importer said on Wednesday. S M Venkataraman. chairman of state-owned Metal Scrap Trading Corp. said his projection was based on
        Reuter  -  100 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        136 22 THE GREENBACK opened higher across the board yesterday, following buying by US funds in New York the previous night. Against the SS. the US$ opened at 1.5120-25 and traded at 1.5118-23 for most of the day. A late surge of buying took the dollar up
        Source: Dow Jones Telerate  -  136 words
      • Article
        Lock icon London
        219 22 Bloomberg Business News LONDON The dollar rose against the mark and the yen, bouncing back from the day's lows amid talk that the Fed was poised to buy dollars. Speculation that the US is set to invade Haiti also gave the dollar a fillip, though some traders said that
        Bloomberg Business News  -  219 words
      • Article
        Lock icon New York
        78 22 AFP NEW YORK Ihe dollar was slightly down in quiet early trading yesterday after the release of the latest US retail sales figures showing a 0.6 per cent rise in June. Shortly after trading started, the dollar was at 1.5390 German marks against 1.5419 German marks at Wednesday's
        AFP  -  78 words
      • Article, Illustration
        Untitled
        1615 22 /'<*&'Mt?(/!!<*/ imh'\ mUuLiUxl l*i> 14 lukhiiic imrtmr* Ha* win /W.< US$/S$ forward rates Noon July 14 Si Bid Oder I-month 150% I SI 10 J-month I SOK*> ***** 3-month I .SO'* I MNO 6-month I.SOJS i 5055 fk Hi Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on iuly
        1,615 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollar futures close steady
        1322 23 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and Eurodollar futures elosed steady after trading in a narrow range. Euroyen firmed from the morning following speculation that there may be a cut in Japanese interest rates. A trader said: "There seems to be some report in Tokyo
        Reuter  -  1,322 words
      • Article
        Palm oil firms on Egypt's purchase
        673 23 COMMODITY REPORTS Palm oil Crude palm oil prices closed firmer yesterday boosted by news of Egypt's purchase. A strong Chicago soyoil futures market overnight also aided sentiment. Gains in the Chicago soyoil futures market were due to talks of Chinese buying interest of soybean
        673 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          China using less refined copper
          76 23 LONDON China's refined copper consumption will fall by at least 4 per cent to 835.000 tonnes in 1994 as a result of the slowdown in the economy, according to UK analyst Brook Hunt and Associates. The conclusion followed a three-week visit to China intended to
          76 words
        • Article
          Aussie wheat hit by drought
          95 23 SYDNEY Australian 1994-95 supplies of prime hard wheat could mirror the low drought-affected crop of 1990-91 if rain is not received in northern regions over the next couple of weeks. Parts of northern New South Wales have received muchneeded falls over the past week but
          95 words
        • Article
          Seoul buys 52,000 tonnes of US corn
          55 23 SEOUL The Korea Feed Association bought 52.000 tonnes of US corn yesterday at USS 123.27 per tonne C&F. The grain, bought from Mitsubishi for USS 110.89 per tonne FOB. will be shipped from the Pacific Northwest by Hanjin freight at U5512.38 per tonne.
          55 words
        • Article
          New LME rule on options spread
          88 23 LONDON The London Metal Exchange board decided on Wednesday to adopt a recommendation of its traded options committee to amend Regulation 2.3 of Part 5 Options Regulations, effective immediately. This will now read as: "The minimum permitted spread between buyers' and sellers' premiums bid
          88 words
    • Article
      COMMODITY PRICES
      1448 23 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 94 192.00 192 00 193.50 25 TsOO Sep 185.50 185.50 187 50 300 3150 Oct 185.50 184.50 184.50 400 3275 Nov 185.00 184.50 184.50
      1,448 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1033 24 +29.1 A SURGE in the futures market drove shares to a firmer close yesterday, pushing the key market indicator above the psychological barrier of 2.000 points. The All Ordinaries Index closed at 2.007.7 points, up 29.1. The All Industrials rose 38.8 to 2,959.2, while the All Resources surged 22.1
        1,033 words
      • Article
        Manila
        560 24 +47.07 Share prices rose yesterday, a development brokers said was partly a technical rebound coming after continuous fall over much of the week, and to the rise of Philippine Long Distance and Telephone Co (PLDT) in New York. The PSE Index rose 47.07 points to close at 2,557.83. Volume
        560 words
      • Article
        Seoul
        453 24 -3.25 Share prices turned bearish yesterday, with an end ot rallies in individual issues. The Composite Price Index fell 3.25 points to settle at 958.72. Trading was cautious with 39 million shares valued at 769 billion won. Falls led rises 558 to 234, with 102 counters ending unchanged. While
        453 words
      • Article
        Taipei
        555 24 -13.62 The Taiwan bourse yesterday suffered a minor loss of 13.62 points to close at 6,304.61 as paper, textile and plastics issues lost ground. Turnover shrank to 1,582 million shares valued at NT584.86 billion. Falls outnumbered gains by 193 to 94 with 87 shares unchanged. The market opened high
        555 words
      • Article
        New Zealand
        362 24 +3.58 The share market shrugged oft" political uncertainty to close slightly firmer, although late selling trimmed back the rise. The resignation of government MP and former Finance Minister Ruth Richardson saw the government's effective majority of two threatened and even raised the prospect of a snap election. Prime
        362 words
      • Article
        Bombay
        67 24 -30.28 Stock prices closed lower as buying eased on the last day ot account in specified shares as well as on unsubstantiated rumours that bourse officials may levy a 20 per cent margin on cash shares, brokers said. The BSE 30-Share Index closed at a provisional 4,101.24. down 30.28
        67 words
    • WORLD STOCK MARKETS
      • Article
        London
        670 24 +45.1 STOCKS rose to their highest in a month amid speculation that low inflation will allow corporate profits to grow strongly the rest of the year. The P t-SE 100 Index rose 45.1 points 3,050.4, its highest since June 15, when it closed at 3,045.8. "People are starting to
        670 words
      • Article
        Stockholm
        139 24 +7.39 Swedish stocks rose for a sixth day but camc off their highs after talks between the head of the central bank and the finance minister. The OMX Index of 30 leading stocks rose 7.39 points to close at 1,087.98. Seventeen stocks rose, eight fell and five were unchanged.
        139 words
      • Article
        Frankfurt
        206 24 15.08 German stocks were mixed amid concern that the weak dollar will reduce earnings of companies selling in the US. "Investors were definitely thinking about the affect of the dollar on earnings." said one dealer. "They reacted intuitively and pushed chemicals out." The DAX Index of 30 stocks rose
        206 words
      • Article
        Brussels
        178 24 10.12 Belgian stocks rose for the first time since Monday as the dollar strengthened, raising hopes that companies selling in the US won't see their profits fall as much as was feared. After reaching a sevenmonth low on Wednesday, the Bcl-20 Index closed up 10.12 points to 1,404.08. Shares
        178 words
      • Article
        Milan
        176 24 +281 Italian stocks closed at the high for the day, spurting 2.4 per cent, buoyed by fresh hopes that the government will pass a tough budget for next year and by strong stock markets elsewhere in Europe. The Cabinet met on Wednesday night to start work on the 1995
        176 words
      • Article
        Amsterdam
        306 24 +2.53 Dutch stocks closed higher for the third day, as a rising dollar improved the outlook for Dutch companies with operations in the US. The EOE Index of 25 leading stocks closed 2.53 points higher at 388.84, pushed up by gains for publisher Elsevier, Philips Electronics and insurer Aegon.
        306 words
      • Article
        Zurich
        285 24 53.8 Swiss blue chip shares closed higher yesterday, with investors heartened by a firmer dollar and Sandoz's 2.3 per cent rise in first-half sales. The SVII Index gained 2.17 per cent after two days of declines. It closed up 53.8 points at 2,528.3, with 21 stocks advancing, one unchanged
        285 words
      • Article
        Johannesburg
        313 24 +39 South African shares posted sizeable gains yesterday on a surprising turn in sentiment and increased buying following recent lethargy. Interest was steady and was seen from local and offshore players, dealers said, with futures gains adding support. "The undertone is remarkably firm," a trader said. The Overall Index
        313 words
      • Article
        Toronto
        270 24 +8.88 Canadian stocks, led by steel shares, rose for the seventh time in eight sessions amid optimism that companies will report higher earnings. "It's a bit of a summer rally," said a trader. The market "does feel better" than it did a couple of weeks ago because earnings are
        270 words
      • Article
        New York
        656 24 19.10 The Dow Jones was ahead 19.10 points to 3.723.38 at Ham EDT. The New York Stock Exchange Composite Index was ahead 1.65 to 249.50, while Standard Poors 500-Stock Index was up 3.22 to 451.95. Advances pounded declines 1.276-472 among the 2.434 issues crossing the NYSE tape. Volume
        656 words
      • Article
        Untitled
        795 24 Britannia Funds Sterling C *«.h Bid Offer Mini« jp [>cp.-s,i M moo M frSW Mint Jeno (nil OIMJ U I-W2 Mini Mj\ Income •***** HlVSOO US$ ash Income I'Iun I und "♦."H00 I0.4f4l0 PS S Rcwt\c F und 5 2400 5 2500 Sterling Fquit) Euiv) F'ciliti iTijiKr 0-45*12 0 4U8
        795 words
    • Article, Illustration
      Lock icon HONGKONG
      3118 25 Bloomberg Business News HONGKONG After gaining 5 per cent in the past two trading days, the main index retreated as investors pondered whether US interest rates will go up and housing prices will continue to decline. The benchmark Hang Seng Index ended the day down 20.63 points at 8,808.28,
      Bloomberg Business News; Source: Bridge Info  -  3,118 words
    • Article, Illustration
      Lock icon CHINA
      537 25 CLSA TURNOVER in Shanghai B shares yesterday was a moderate USS2.S million. The index closed 0.22 of a point down at 742.80. Hero was up 6 per cent and Vacuum down 7 per cent on very light trading. Turnover in Shenzhen B shares picked up to HKS2.2 million from
      CLSA  -  537 words
    • Article, Illustration
      Lock icon TOKYO
      2624 25 Reuter TOKYO Stocks ended the session well ahead, despite most investors' reluctance to trade because of the yen's continued strength against the dollar. Dealers were the day's most active buyers, with some foreigners picking up stocks as well. The Nikkei Average ended up 177.63 points at 20,718.04. Trade was
      Reuter; Source: Bridge Info  -  2,624 words
    • Article, Illustration
      Lock icon BANGKOK
      1755 25 Reuter BANGKOK Early gains in the Thai stock market were erased by late profit-taking, brokers said. The SET Index closed 0.84 of a point lower at 1,301.37, after fluctuating between 1.296.23 and 1,311.78. Turnover was a moderate 6.63 billion baht. Losers beat gainers 187 to 91. Selling surfaced in
      Reuter; Source: Bridge Info  -  1,755 words
    • Article, Illustration
      Lock icon JAKARTA
      1157 25 Reuter JAKARTA Share prices ended up in moderate trading, lifted in part by foreign buying of the newly listed Indofood and pulp and paper stocks, brokers said. "Indofood provided some impetus to the market but we need more than that to bolster the market." one foreign broker said. Its
      Reuter; Source: Bridge Info  -  1,157 words
    • Article
      CLOB INTERNATIONAL
      2428 26 MOST ACTIVE volume l*romct >.44s MB HwIM* s.i*.-«**» Muiphj lull Sk 4«KM M*Amm 4uk7MM Kcnonu BM MV 4 4lM»m I KB Hoc l*»7 _\4«*ll<»> fatvr (lump Mill I a. Mi Hint 2.IM I**) < \sh NV I.W2J—i I'uh Bk. K>iogn I.WMW H Kj\ j I SR*)" I SI4.0U0
      2,428 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rise as institutions amass blue chips
        5660 26 Bloomberg Business News KUALA LUMPUR Stocks posted their biggest gains in more than a month as institutional investors bid up stocks in big-name companies that had fallen over the past 10 days, analysts said. Also. Prime Minister Mahathir Mohamad's return from a threeweek
        Bloomberg Business News; Source: Bridge Info  -  5,660 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7533 27 j MAIN BOARD Transaction date: July i4 Gr Or M »t ,mj aM Vol Da> Last Quote Di« l>i« Yld Net Cap High Ln C om|wn> Sale (000> High Low Bu>et Seller C*%» P'F- Smil Price INDUSTRIAL AND COMMERCIAL .-MO 835 .is Acma 970 -10 7 980 970 %5 975
        7,533 words
      • Article, Illustration
        Lock icon Blue chips surge as US rate hike fears evaporate
        1925 28  -  By R Sivanithy SINGAPORE Fears that a rumoured 100-basis points increase in short term US interest rates would again lead to a decline in stock prices here quickly evaporated on the back of relatively strong demand for blue chips on both
        Chart by Bridge Info; Source: Bloomberg  -  1,925 words
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      Page 17 Advertisements Column 1
      199 17 NEWS VALUE How today's news might affect your stocks Morgan Stanley promotes USsl.3b Asian fund (pg 1) Funds investing in the region very marketable. Boost share of regional infrastructure pie, Spore firms told (pg 2) Share prices of construction companies such as L&M and Econ International are near their year's
      199 words
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      117 18 Dividends table has been held over BUSINESS T I M_E__S__ TOLL-FREE TEL. No. 1-BQO-741-1883 FAX:7AI-1298 NOTICE H THE THAI DANU BANK PUBLIC COMPANY LIMITED Negotiable Floating Rate United States Dollar Certificates of Deposit due in July, 1997 H In accordance with the provisions of the Certificates of H Deposit, notice
      117 words
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      399 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF INVESTMENT SIAM PTE LTD (In M«mb*ri' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting ol the members of the abovenamed Company duly convened and held at 6 Raffles Quay #15-07. John Hancock Tower, Singapore
      399 words
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      Page 19 Advertisements Column 2
      362 19 NOTICE flff JURONG CEMENT LIMITED (INCORPORATED IN SINGAPOKCI I NOTICE OF MEETING E NOTICE IS HEREBY GIVEN that the 21st Annual General Meeting of the Company will be held at the Board Room, 2 Finlayson Green, #03-08 Asia Insurance Building, Singapore 0104 on Monday, August 1,1994 at 10.30 am for
      362 words
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      481 21 XfRUHOto/ f m JV^^ESTRIC77oii^\ fL— l 1 "7" jV 0 V- SUIOH6 a.// g Rjofffnin /ft- mmam Viiffff- WE OFFER THE BEST IjOßLgs^ UNITS) RM 130.000 EXHIBITION I mw no TO rt I 3.0005q ft (30 ioo) Serj s u o nq Industrial Park, aRM 100 million project, comprising 941
      481 words
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      Page 23 Advertisements Column 1
      29 23 #1 OFFSHORE COMPANY SPECIALISTS m m m s$ ?P W ipi pi m r f. It s a Snap! I S Bis The Classified fjj m i&' wmzmmmmmmm® tmf*&k>
      29 words
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      Page 23 Advertisements Column 2
      37 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. iNHWHrpRI I IHBIII I Call I to place 1 a quick- c .a.t.s. I acting ad. |737-ii**|
      37 words
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      Page 25 Advertisements Column 1
      25 25 Established since 1919 ANTIQUE ESTATE WATCHES tSenci Ipt•) l£,td. Shangri-La hotel Stockist of G.I A Certified Diamonds Tell 732 5689 Manufacturing jewellers since 1919 ROLEX
      25 words
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      318 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SHOP EASY PTE LTD (Members' Voluntary Liquidation) FINAL MEETING NOTICE is hereby given, in pursuance of Section 308 of the Companies Act, Cap. 50, that the FINAL GENERAL MEETING of the members of the above-named company
      318 words
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      Page 28 Advertisements Column 2
      254 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CORAM ELECTRONICS (S) PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN pursuant to the Companies Act, Chapter 50 that a meeting of the creditors of the abovenamed Company will be held on as
      254 words
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      Page 28 Advertisements Column 3
      378 28 IN THE MATTER OF THE 1 COMPANIES ACT, CAP 50 ANO IN THE MATTER OF DORMANT INVESTMENTSPTC LTD (In Members' Voluntary Liquidation) NOTICE OF FINALMEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50, that a Final Meeting of the Members of the abovenamed Company
      378 words
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      Page 28 Advertisements Column 4
      866 28 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF ROBINSON INVESTMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Chapter 50. that a Final General Meeting of the abovenamed Company wilt be held at 9
      866 words
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      Page 28 Advertisements Column 5
      496 28 I This is to inform that Mr Thomas Sim Kiang I Lee, NRIC No. *****822J and Miss Jenny I Saw Imm, NRIC No. *****300 A are no I longer directors of our Company IFS I LOGISTICS (S) PTE LTD with effect from I 5 July 1994. I They are therefore
      496 words
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  • Shipping Times
    • Article, Illustration
      Delays at Indian sub-continent ports
      520 29  -  Storms and strikes disrupt operations, says Sea Consortium By Dexter Lee SINGAPORE Monsoon rains and civil unrest disrupted port operations on the Indian sub-continent last month, causing berthing delays of up to four days. The worst-hit ports were Bombay, Calcutta and Colombo, says Sea Consortium
      520 words
    • Article
      Stolt-Nielsen turns in profit
      202 29 SINGAPORE Nasdaqlisted Stolt-Nielsen has reported a net profit of USS9.3 million (5514.1 million) for the first halt of 1994. reversing a USSS-million loss in the same period last year. The Londort-based com pa ny. which is the world leader in tank container operations, also achieved the
      202 words
    • Article
      Lock icon Hanjin Shipping set to launch transatlantic service next year
      341 29 Lloyd's List HAMBURG South Korea's Hanjin Shipping Company could realise its ambition to enter the transatlantic container trades by the beginning of next year, says an executive at the company's European headquarters in Hamburg. The most probable starting date for the
      Lloyd's List  -  341 words
    • Article
      Lock icon Jail terms for crew of vessel used for smuggling aliens
      247 29 Reuter NEW YORK A federal judge on Wednesday sentenced the captain and crew of the Golden Venture the freighter that tried to smuggle Chinese immigrants into the US and that ended in the deaths of 10 people. The eight men
      Reuter  -  247 words
    • Article
      Lock icon Pakistan impounds S Korean trawler
      200 29 AFP QUETTA, Pakistan Pakistani authorities have impounded a South Korean fishing trawler and arrested its 46 crew members for poaching in restricted waters, officials said on Wednesday. The vessel was seized by the Maritime Security Agency (MSA) on June 30 off the south-west Pasni coast
      AFP  -  200 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1111 29 Page Col ABC Containcrlinc 16 4 Accord Group 8 1-3 Ahrcnkicl Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 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
      1,111 words
    • Article
      Lloyd's names executive director and chief ship surveyor
      261 29 SINGAPORL Lloyd's Register has named a new executive director and chief ship surveyor from Dec 1 this year. Chris Wade, now deputy chief ship surveyor, will replace Garry Beaumont who is retiring after 33 years with Lloyd's. Mr Wade, 53. has been
      261 words
    • Article, Illustration
      Lock icon Confident NY faces challenges
      715 30 The intensity of competition among ports on the US east coast is forcing New York to adapt itself to the altered circumstances International Transport Journal IN today's competitive climate, when North American east coast ports such as Halifax and Montreal, as well as Charleston and Miami,
      International Transport Journal  -  715 words
    • Article
      THE SHIPPING GUIDE
      15097 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      15,097 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        600 46 Voy No Berth Vnval Depyture Vessri Voy No Btfth Arrival Dtpartun BtorOOC Port ftatam Speed ****** POIA 150/ 2030 2130 ICmLi 0/ 03 94 18 Jongs** 15.07/2300 Batam Speed3 AS394* POIA 140/ IS 10 5 Sot* Mui m 0/ 04 94 II jtongside lb 0/ ?300 Batam
        600 words
      • Article
        CONTAINER SCHEDULES
        1956 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO i RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts I Ship Voy No Etb/Btr Period From To From K, rw, 0548 16 MOO 1* u 1500 14/1659 14 1900 kl0 i1 2A 14/1700 15 0659 15 0900
        1,956 words
    • Article
      Daily Freights
      878 46 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1.402 on •Wednesday from 1,398 on July 12. Trading on the freight market was "exceptionally slow Wednesday" following an active start to the week, brokers said. On the major US Gulf to Japan [route Toshoku was
      878 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon McDonnell in US$600m deal to build planes in China
        530 48 Bloomberg Business News SHANGHAI US aircraft maker McDonnell Douglas Corp said it signed a US$6OO million (SS9O7 million) contract that allows state-run aircraft assembler Shanghai Aviation Industrial Group to build 20 of its new MD-90-30 planes in China. "The deal forms
        Bloomberg Business News  -  530 words
      • Article, Illustration
        Lock icon Russian ship capsizes, 28 rescued
        60 48 Reuter HONGKONG A Russian cargo ship carry ing iron ore from Hongkong to South Korea lies partial y capsized off the coast of southern China on Wednesday. The vessel ran into rough weather which caused the cargo to shift and almost sink the ship, t
        Reuter  -  60 words
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        Lock icon JAL receives approval for Osaka-London-Paris routes
        214 48 AFP TOKYO Japan Airlines (JAL) won approval on Wednesday from the transport ministry to operate flights between Kansai International Airport in Osaka and London and Paris. JAL will operate four weekly flights between Osaka and London and three between Osaka and Paris, both starting
        AFP  -  214 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1711 48 city nw eta m«M n?_ CK* F H* 51* HL S5222 gg g}» 3™ Hi? UM gfSI 1925 2230 Mafca S0989 1705 SQ990 0115 Amsterdam KL837 1450 KL844 0035 6e—»a SR183 2105 KL838 2300 Guintzhou CA977 2025 SQ323 1730 SQ26 2355 1310 VN740 1410 M»W» M1893
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        Lock icon France moves towards selling Renault
        281 48 FT PARIS The French government on Wednesday took a step towards the privatisation of Renault, announcing that it was preparing to select banks to advise on the "eventual opening of the capital" of the state-owned vehicle maker. Edmond Alphandery, the economy minister, said the decision
        FT  -  281 words
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        Lock icon Vietnam to control flights in southern part by year-end
        132 48 Reuter HANOI Ho Chi Minh City is on track to take over control of flights in most of southern Vietnam from Bangkok by the end of this year, the government said on Wednesday. Tests by the International Civil Aviation Organisation (ICAO)
        Reuter  -  132 words
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        Hertz eyes China and other new markets
        384 48  -  By Juliette Walker SINGAPORE Hertz Asia Pacific plansto drive its rent-a-car business into China and other new regional markets. The president and chief operating officer of The Hertz Corporation. Craig Koch, said the company would open offices in Beijing and Shanghai in the
        384 words
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        Johor plans to be cargo centre
        159 48 JOHOR BARU Johor is set to develop its cargo packaging and storage industry at half the cost compared to Singapore under a long-term plan to turn the state into the region's export base. According to a report in The Star, the idea, mooted by
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          Lock icon Honda halving auto exports to US
          84 48 Reuter TOKYO Honda Motor Co Ltd will halve its annual auto exports to the US to 150.000 vehicles by 1999 in a bid to reduce risks from exchange rate fluctuations, the Nihon Kcizai Shimbun reported. Under a long-term business plan. Honda also plans to
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          Lock icon Car-maker opens Pakistan plant
          73 48 AFP LAHORE. Pakistan Honda on Wednesday inaugurated an assembly plant here, becoming the third Japanese car-maker alter Suzuki and Toyota to start production in Pakistan. Honda officials said the plant, a joint venture with the local Atlas Group ol Companies, will produce 4.000 cars annually in
          AFP  -  73 words
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          Lock icon Commuters hit by fifth strike
          87 48 AFP LONDON Thousands of commuters struggled to get to work on Wednesday as signal statY staged their fifth one-day strike in as many weeks, threatening to up action to two stoppages a week it their demands are not met. Railtrack mounted its most concerted effort
          AFP  -  87 words
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          Lock icon Toyota cuts sales target
          161 48 Bloomberg Business News TOKYO Toyota Motor Corp is cutting its 1994 domestic sales target to 2.13 million ears and trucks due to lower-than-expected sales in the first half of the year. The company had planned to sell 2.17 million vehicles in Japan this year. In the
          Bloomberg Business News  -  161 words
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      22 29 »SHIP LASHING MATERIALS SPECIALIST MINTERMARINE SUPPLY CO. (PTE) UD N0.7, Bukit Batok Street 22, Singapore 2365. T«l: 563 3488 Fax: 563 6811
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      44 29 Confident NY faces challenges, Page 2 McDonnell in USs6oom deal to build planes in China, Back Page Lines and services represented by /s2gj2£&\ Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740 2090
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      40 29 the FAMOUS f° n <6 si m/tuum ■HdlUM* 224 1833 For more information pletiMC refer to Pg. 13 PORT SHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. SINGAPORE r 1 Business Times Wf KMOWAS4A
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      553 30 VrWFIWW* N.Y.K. LINE 1993 (S) PTE LTD MALAYSIA INDONESIA TEL- *****23 NYK AGENCIES (M) SDN BHD P.T. PELAYARAN PUSAKA A JIB AYU |V| W W\JWT FAX: *****56 (MKTG)/*****09 (OPS)/ KUALA LUMPUR: 03-*****66 (7 l.nes) JAKARTA (021) *****12 (io l.nes, WY A JIL^ 9qQ |^7R c i (DOCUMENTATION PORT KELANG 03-*****15
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      2293 31 OOCL Ifil PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN. BHO. 200 CANTONMENT ROAD. 12-05 SOUTH POINT. SINGAPORE 0208 PETALING JAY A TEL 03-*****76 FAX 03-*****42 CFS: 03-*****42 CR NUMBER **********0 C PENANG TEL *****4 FAX *****1 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) p O" JEL: *****3/4 FAX *****6 CUSTOMER
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      2232 31 ■UI.WH.HHWH WHEN YOU HAVE TO DELIVER ON TIME COUNT ON US Vessel Voy ETA ETD Feedeted by h^ SL r:r:; destinations Th™ MC maersk V 9406 §HEinr^EßSEll^HEEnnEi[^n3iH2S^^^^^KS^E^E3B 19 o; oeoo hrs CFS 18-07 2359 HRS JOH LPK PEN OAK LG6 SFO MEM ATL MIA CMS BAL PHI NYC TOR MC-KINNEY
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      80 32 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT EH CONTAINER SERVICE FROM UK/CONTINENT n mil hbhh CONTAINER SERVICE TO USA SCX SERVICE j^SIS CONTAINER SERVICE FROM USA SCX SERVICE KafcAiiidi EhmUJ Ltfliil -w CCNI Compania Chilerta de Navegacion Interoceanica S A I |gj Ahrenkiel Liner Service BREAKBULK SERVICE: To K ARACHI/_MADRAS__J KSI
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      52 32 IHkJH a Militzer Munch IVICk Ivl International Forwarders I OCTOMAR LINES UNICORN-DELMAS SERVICE 1 DELMAS M** MARITIME DELMAS VIELJEUX TRANSORIENT SHIPPING LTD I (CHILE) ■HSm General Agents: WA SEALION SHIPPING (S) PTE LTD Singapore: ||n SALES/BOOKINGS TEL: *****81 (10 LINES) I f TLX-RS ***** FAX: *****41/ *****50 ggjjjS i|Ui II
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      162 32 TO EUROPE/W. MEDITERRANEAN TO SOUTH INDIA/ADRIATIC/E. MEDITERRANEAN VIA VALETTA (MALTA) TO FAR EAST 1 EXPRESS TO EUROPE EXPRESS FROM EUROPE I ifj LLOYD TRIESTINOI SINGAPORE AGENT MALAYSIA AGENT INDONESIA AGENT LLOYD TRIESTINO (SINGAPORE) PTE LTD STRAITS TRANSPORTATION PTE LTD JAKARTA PT BINTANG TATABAHARI 76. SHENTON WAY .*l3-00. ONG BUILDING PORT
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      1718 33 K STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****1J Hj.ITJMAIiU.MJW.I'J.IM/rai'J'JIIJNM NEW GUINEA PACIFIC LINE tiCgsp <a service ok china navigation co) CARGO DUI SAILS SIR Alls VENTURE Vl9€ Mujra 13-14 M 15 M 16 Jut FCL, LCL CONTAINER ANO BREAKBULK SERVICE
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      2964 33 4 SINGAPORE AGENT: PA«lfoiflAl*C P&O Containers (Singapore Agencies) Pte Ltd B W VJlJllLul.llCX 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 n Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 fr I -<*"\ CR Number: **********0Z EXPORT IMPORT j VO¥ •dma -PKQ SOU ANT ROT HAM
      2,964 words
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      629 34 EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE HO CHI MIWH CITY PAOtW I HANDPHONE/MRECT hkwwy mo« >—M muM/mim KELVIN CHAN 21M«« MM7a/Wa« -MAM2J UlfifZS £*****2 WILLIAM KM 2iwa* i TO VIETNAM/HCMC CONTAINER-FEEDER SERVICE mtow® CENTER-POINT g \m LINES 4m WY tl» STO» WY tT>
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      Page 34 Advertisements Column 2
      318 34 INBOUND SERVICE FROM U^/CANAPA |toaustrali A I linn Km p^A^ASnMS^VC^^^^^^^|FRO^AREAST(MSSSVC) TO TO RED SEA HANJIN SHIPPING (SINGAPORE) PTE LTD 79. ANSON ROAD, v 23-01. SINGAPORE 0207 TEL: *****55 FAX NO *****60/ *****76 CR NO **********0 M BANGKOK THAI SHIPPING CO LTD TEL *****73 FA* NO ?499i.77 JAKARTA PT BUMI LAUT
      318 words
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      Page 34 Advertisements Column 3
      224 34 r 0 EVERGREEN 1 Full Container Sorv/cc Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) I Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST/PNW SERVICE i ill I 111 ill!IIi IMBOUND FAR EAST/RED SEA/MEDITERRANEAN OUTBOUND MED/RED SEA/F.E. FAR EAST/ SRI LANKA/ INDIA/ PAKISTAN/ FAR EAST OUTBOUND INBOUND RTW SHIPPING (S) PTE LTD M SIA Agents:
      224 words
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      2753 35 II II SCX: 'CALIFORNIA JUPITER 74E' ETA sgp 20/07/94 II II M-Tl II ARRIVING LOS ANGELES 06/08/94 IN 16 DAYS II II A ex: neptune aventurine 04e p eta sgp 20/07/94 ll II II ARRIVING NEW YORK 13/08/94 IN 23 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO:
      2,753 words
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      Page 35 Advertisements Column 2
      1283 35 I MULTILINE SHIPPING PTE LTD (a member of SINSOV Group) J CR NO: **********0 C ENQUIRIES: *****33 A —BOOKINGS: *****64, *****51. *****31. *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
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      1443 36 AS AGENTS "IT LINE (SINGAPORE) PTE LTD (C* HO: **********H1 GST R€G MO H2 *****99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W V ItX MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHO I B 4 > TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A INDONESIA:
      1,443 words
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      Page 36 Advertisements Column 2
      1185 36 @APPENSHIP /pv HAMBURG f-H'] CONVENTIONAL INDEPENDENT LINER SERVICE > EUROPE TO SOUTH EAST ASIA ANO FAR EAST VESSELS LOMXMG PORTS DISCHARGE/LOADING FOR MERINI ANTW 27/06 SPORE 30/07 SEAKITTIE HAM 29/06 SPORE 02/08 ELENA V ANTW 03/07 SPORE 06/08 /lT\\ ISLAMIC REPUBLIC OF [ACCEPTING CARGO TO GULF PORTS I I \\lf)
      1,185 words
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      Page 37 Advertisements Column 1
      972 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I gSSSf 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I CR NO: **********06 VESSEL VOY SIN BKK SIN Pj wnnm |j? 7 KOTA SABAS SBBOI3 17/7 20/7 24/7 55tKi JJJJ SRIMANEE (THAI FLAG) SRMOIS 19/7 22/7 26/7 TRADE FAST Til* 2/t 2/T K.
      972 words
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      Page 37 Advertisements Column 2
      1007 37 VESSCIS ¥0Y SIN It HAVM HAkBUKG IHOMIS ROIUHPAM ANTWEfcf VH.ll K SMIITA SO4M 19/07 10/08 IMW 11/08 14/08 lt/08 WILE DAQUKA *04* 24 07 17,08 H/M 20/08 21/08 23/01 nil 0 HYOHA HO4M 02/0* 24/08 20/08 27/08 28 08 30 01 Milt 01 ITU* YO4W 3101 02 09 03/09 04/09
      1,007 words
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      Page 37 Advertisements Column 3
      853 37 BSfl A B n33VBIHSH3BRB^^V MYANMA «HBk FIVE STAR LINE (Myanmar National Lint) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gd| SAGAROG V3bW In Port Sk) SM PAGAN V2IIW 14/20 Jul AVA VI29W 20/24 U MPA AN V2O4W 30/31 Jul PATHEN VI3OW 30/31 M 25 29 Jul MALAYSIA AGENTS
      853 words
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      2454 40 EUROPE EXPRESS I VflVI mYflBflMI FELIXSTOWE I I I I Singapore's General Agents: COSTAR SHIPPING PTE LTD Tel (General): *****00 Sales/Booking: Agency Dept 6 Shenton Way *17-08 pa *****66 Container: *****41/844 Container Svc —B L: *****02 Operation Container: *****15 X DBS Bldg Tower 2 *&*&£tffL Conventional: *****50 0/0: *****85 Conventional.
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      Page 40 Advertisements Column 2
      779 40 /IriCROATIA LINeA I Kga < EX JUGOLINIJA) I VtSStL SPOKE PK PNC LOAOWC FOB RAB IN PI 16 JUL Ateiandria. Beirut Istanbul Trieste. Kopec. lattakia Limasscl Mersm P Said Ri|eka Verxe lOSM) 24 AUG 27 AUG do General Agents: EAST MOUNT AGENCY (PTE) LTD Sngapore Kuala lumpm Port Kelanj Penang
      779 words
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      Page 40 Advertisements Column 3
      185 40 AfNORBULI^ I VV®ti NORBULK CARGO SERVICES LTO. I I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES J I S£A SONNET 19/7 21/1 FLU/ROAM/ANT/UK I I TIAN LING 10/8 12/8 FIU/MIT/UK J I I NOR BULK TBN 20/S 24/S 06N/CPT/EL I I ALSO LOADS TAWAU, KK, TG. MANI PK SWK/SABAH
      185 words
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      Page 41 Advertisements Column 1
      743 41 (jS. FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 17/7 ROTTERDAM 16/7 AARHUS/COPENHAGEN 17/7 HAMBURG/BREMEN 17/7 MARSEILLE/FRANCE 1977 FELIXSTOWE/UK 18/7 BARCELONA/SPAIN 18/7 LEHAVRE/FRANCE 20/7 GENOA/ITALY 1877 ANTWERP/BELGIUM 18/7 LOS ANGELES/ WC IPI 17/7 SYDNEY/MELBOURNE 22/7 NEW YORK/EC 17/7 FREMANTLE/ADELAIDE 16/7 VANCOUVER
      743 words
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      Page 41 Advertisements Column 2
      992 41 fffTfrfl 1 i I nif^^^^MSTiTri^gggssaj VESSEL ,OT a"* _J*J 5> VEBBEL VOY SIN PCN 4 lBR BHUM El! Tu 19/7 DEJA BHUM 4813 Fri In Pt Sat 18/7 H|| VESSEL VOY SMN BKK BHATRA BHUM 38S Sal 18/7 Tua 19/7_ <| KOTA S UBIA SUROI3 Sun 17/7 Tu* 19/7 H~!
      992 words
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      Page 41 Advertisements Column 3
      320 41 W TEL: *****33 (12 Lineo) \SL FAX: *****15/*****03 Iffl TELEX: RS ***** RISHIP (3 Lineo) l=; CR NO.: **********0E m\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL ANO CONVENTIONAL Vhnl Voy ETA Loading For Opera Abbay Worn 40WB 12/08 Mombasa Djibouti A stab Massawa And met 36W8 20/09
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      Page 41 Advertisements Column 4
      525 41 Guarant—d Smiling* to:- BANGKOK/lAOII CHJLBANG LAOS 19/7 (HI), 23/7 (SAT) PORT KELANG PENANG 21/7 (THUR), 22/7 (FKI) HONG KONG 19/7 (TUE), 22/7 (FW) JAKARTA 23/7 (SAT) 1 MAfiLA CEBU 19/7 (TUE) T HO CHI MNH 22/7 (FRI) 7 SURABAYA 24/7 (SUN) BUSAN 24/7 (SUN) m pi DONGNAMA LINE CONTAINMMIP MHVICI
      525 words
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      1786 42 LAAmn 66NYainer iNd I2N=/Vn Agents: MAC-NELS SPORE: *****22 (24 LINES) > 'cm No: 1200S7SOOOOC SIBU (084) *****9 KUCHINQ (082) *****3 J* PENANG: (04) *****8 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK
      1,786 words
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      Page 42 Advertisements Column 2
      192 42 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD ETA (IK [I* STOW mi HUANG UNA hi. BIK IMX 16 loadwi; tor Mjfc RUVAI HUDHU il l-fijiry toi Dub.ii (XX PUN 2X I 21 I lodduv for Mate PtONIiR SUFttMI 30 liiddm; fvi Mdl» UMMIOH 18'/ loadMy for Maipuogujss istim
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      Page 42 Advertisements Column 3
      1199 42 P THONG SOON UNES PTE LTD 1 78 SHENTON WAY #10 01, SINGAPORE 0207 I \J J TEL: 227-5088 FAX: 227-6011 I Zi. TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK SINGATORE TO TOWLAND VESSEL VOY SPORE BEST VESSEL VOY 1 SPORE I BANGKOK EQUATOR
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      613 43 ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTHG MEAKBU.K SOC CARGOES TO FROM KOBE. YOKOHAMA. NAGOYA. HOI. TOKYO*. MANM.A* DAVAO*. Penanf* P Kelant Singapore E Msia SHAPtAEVERETT V2IE 22/23 M 24/25 Jul K ARABIEVERETT VIBE 08/09 Au( 10/11 Aug IVYEVERETT *101 31 Au|/01 Sep 02/03 Sep ACCEPTMG MEAKBUU FCI/SOC CARGOES TO,
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      Page 43 Advertisements Column 2
      243 43 Pi 6LORY NAVIGATION GROUP to REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 29/7 1/8 7/8 16/8 GLORY SELATAN V 12/7 19/7 25/7 SP KOMPONG SOM GLORY SELATAN VIII 28/7 31/7 LINER SERVICE USA.
      243 words
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      Page 43 Advertisements Column 3
      552 43 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE vessel vor Km* en MAKRAN 149-WW U/07 27/07 HYDERABAD 131 WW 25/17 3/M SARGOOHA 145-HW M/ 01 1»0» ISLAMABAD 124-HW H/M 21/06 FAR EAST CONTAINER SERVICE ONLY SST~ HKG NAG YO* ISLAMABAD 123 OW H/07 23/07 27/07 21/07 31/07 01/ M
      552 words
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      721 43 ituyaiiilllliliSffl FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS Yl ME/100 26/07 09/08 10/ OS 12/08 30/08 SHUNHE/lOS 11/ OS 2S/OS 26/08 28/08 15 08 TAO ME/87 26/ OS 09/09 10/09 12/09 30/09 JIAN HE/87 11/09 25/09 26/09 28/09 15/lO HUIHE/108 26/09
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      Page 43 Advertisements Column 5
      281 43 SIN FAR EAST 19/07 KEELUNG/KAOHSIUNG 17/07 BANGKOK 17/07 MANILA CEBU 17/07 JAKARTA/BELAWAN/SURABAYA 17/07 PORT KELANG/PENANG/E. MALAYSIA 17/07 BUSAN 17/07 TOKYO/YOKO/KOBE/NGO/OSA 17/07 HONG KONG SIN CHINA 17/07 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN, SHANTOU/SHEKOU DALIAN SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 18/07 LDN/FLX/LVP/SOU 18/07 RDM/HAM ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SjN
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      749 44 PHILI OHKNT LINGS PT€ LTD 1108 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: **********0^^ SsL (S3 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 23 JUL SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 21 JUL
      749 words
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      Page 44 Advertisements Column 2
      359 44 Con term CONTERM FREIGHT (F.E.) PTE LTI). AUCKLAND 22 JULY (Accepting to all New Zealand ports) PENANG 18 JULY JAKARTA 17 JULY PORT KLANG 21 JULY BANGKOK 17 JULY MELBOURNE 23 JULY SYDNEY 23 JULY BRISBANE 23 JULY FREMANTLE 17 JULY ADELAIDE 29 JULY 23 JULY I 'ACCEPTING TO ALL
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      Page 44 Advertisements Column 3
      449 44 Next Week's Sailings Singapore I lf HKM l-'ORWABDEI IN Kll) To: KID ASIA auaRDKD Singapore Singapore ISO 9002 B\ I. HQ A KVKKY KVKRV i Bangkok SIN Jakarta SL'N yPj KVKKV KVKRV Manila SI N 110 (hi Minh KKI IS (Rj JL > KVKKV KVKRV C olombo lIK l.imassol I
      449 words
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      Page 44 Advertisements Column 4
      22 44 Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SJL GUT CMT Liner Express Agencies Pte Ltd i Hot Line 22-00*7-22
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      1520 45 iISEAMA^RGENTINJuINE^S&n CONTAINERISED "HUB" SERVICE U DIRECT TO ARGENTINA/BRAZIL URUGUAY I VESSEL VOY SIN P. ARENAS USHUAIA BUE MVtDCO SNT SIH CANOPUS OIE 24/07 28/08 30/08 04/09 05/09 08/09 04/10 FRANCISCA SCHULTE 02E 13/08 17/09 19/09 24/09 25/09 28/09 24/10 ALEXANDER SCHULTE 02E 02/09 07/10 09/10 14/10 15/10 18/10 13/11 1.
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      Page 45 Advertisements Column 2
      454 45 CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAIMRIStD SLRVICK 10 IK AND N()klH CON NNLNTAL PORTS urn |Kff|iwlaolmlHi|iMi>|iPii|Mn NWOSW PtMl W7 3 H/07 11/07 mum st» <?«w n/ti n/»i WUi 01 MOT* SO4W H/07 l«, 0» 12/Q« 13 0» M/Ot I<M Wit 01 CMHM CMW 12/07 lt/07 StA tMCIDOMA
      454 words
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      Page 45 Advertisements Column 3
      517 45 PT CONDOR LINE SEMI-CONTAINERISED SERVICE KASTBOUND SCHEDULE N0.45 VESSEL 1 DEKABRIST N. KRUPSKAYA PRIMORSK PAVLOGRAD PETRODVORETS PRKSZERSK PORTS EBI3 CBI4 EBIS EBI6 EBI7 EBIB BUENOS AIRES' Sailed Sall«Kl 08 13/07 20 28/07 03 05/08 24-27/08 MONTEVIDEO Sailed 064)7/07 06 07/07 29/07 06 07/08 29/08 RIO GRAN DO SU Sailed 15
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  • Page 46 Miscellaneous
    • Miscellaneous
      Page 46 Miscellaneous Column 1
      313 46 TODAY'S TIDES (height in metres) j." HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2)00 jr 1.6 2.2 2.7 2.8 2.7 2.4 1.8 1.2 0.8 06 0.5 0.7 1.0 1.6 2.2 2.5 2.6 2.4
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