The Business Times, 21 July 1994

Microfilm: NL19568
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES MITA(P) 010/12/93 Thursday July 21 1994 WE KNOW ASIA 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow down 20 points
      68 1 Reuter NEW YORK Wall Street stocks fell yesterday as comments by Federal Reserve chairman Alan Greenspan rekindled worries over further increases in interest rates. In the broad market, declining issues led advances by a 2-to-l margin on NYSE volume of more than 155 million shares at
      Reuter  -  68 words
    • Article
      Lock icon US to review GSP
      32 1 Reuter WASHINGTON US Trade Representative Mickey Kantor yesterday ordered a review to determine whether he should restore Generalised System of Preference benefits lost by Thailand in 1989. Reuter
      Reuter  -  32 words
  • Article, Illustration
    First Engineering, Fu Yu set to make IPOs before September
    655 1  -  Gul Technologies said to be making plans for listing By Claire Leow SINGAPORE First Engineering Moulds and Fu Yu Manufacturing will make their initial public offers soon, continuing a trend which has seen several homegrown companies in supporting industries seeking
    655 words
  • Article
    Untitled
    164 1 Stock Market indices in. j 1— VT Cf OOOXj t nxn^v STII 2,231.37 +26.45 KLSEComp 1,009.72 +10.52 Nikkei 20,780.76 5.60 Hum Seng ..........9,188.82 +43.81 SETIndex 1,363.59 +14.65 Jakarta Comp 462.54 +1.90 CLSA China B 999.59 +1.11 Auat All Ord 2,078.6 +1.2 FTSE 100 ..3,077.2 -14.1 Weteafay Prerlous 2pm doM DowJooea
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  • Article
    Thai shoppers head for Great S'pore Sale
    435 1  -  From Loh Hui Yin in BANGKOK TWO long weekends in Thailand one of them starting tomorrow will send planeloads of Thais to the Great Singapore Sale. The two national carriers, Thai Airways and Singapore Airlines, which have a total of eight flights tomorrow,
    435 words
  • Article
    Berjaya executive quits over Solomon bribe allegation
    567 1  -  From Ho Kay Tit in KUALA LUMPUR BERJAYA Group Bhd said yesterday the company executive accused of trying to bribe a Solomon Islands minister to approve the purchase of a logging company has resigned over the incident. Berjaya company secretary Su Swee Hong
    567 words
  • Article
    Lock icon Greenspan's rate hike hint spooks $
    261 1 Greenspan's rate hike hint spooks Bloomberg Business News Reuter NEW YORK The dollar slipped against most major currencies yesterday after Federal Reserve chairman Alan Greenspan said the central bank may have to raise interest rates soon to preempt a rise in the inflation rate. Typically, the prospect of higher rates
    Bloomberg Business News; Reuter  -  261 words
  • Article
    Double-digit earnings growth expected in Asia-Pacific
    578 1  -  By Anna Teo SINGAPORE The outlook for corporate earnings in the Asia-Pacific remains bright double-digit growth is expected throughout the region, though the projections for Singapore, Indonesia and the Philippines have dipped a little, a survey shows. Economists and analysts remain upbeat about the
    578 words
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      77 1 .?]\!${_~>!&+|{}"],}=(([_}&'.%! N«w* Companies S'pore News 2 Spore* sa 19.20.22 taponal News 3,4,6 Firanai 24.25 World News 8 Fiitms MtlMs Analysis 17 CJO6/KLSE. SES 28-30 E Atonal IS &®onal 26 Sports 9 World .27 IV/L*itjie 11 Currencies 2* imuwttow 13 Sam/Commo .24,25 WllllplllH Td 1800-*****77 Fax *****75 K ImiM M *****18
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      6 1 Innovation: Pg 13 BMW's electric charge
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      37 1 Hock Lock Siew: pg 191 >v Gordon Wu's Cepa has imeappeaf Eng Wah IPO subscribed three times. Page 19 Super Coffcetttlx opens with a flourish. Page 19 Occupancy rates go up in Orchard Road hotels, Page 2
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      114 1 t Line: Pg 18 JwL force in US politics U BRUNO MAGLI "'-'l SOLE AGENT: Marlcx Marketing Pt« Ltd T«l: 734 MM Fax: 737 4tf2 Boutiques Centrepoint Ml-30 Tel: 737 4SOT Paragon By Sogo #01 -l» Tel: 734 W35 Open Daily from 10 00am to S 00pm Comers: Metro Paragon
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      13 1 I II II E T T E S B^^3 Fall report, Page 18
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Air freight volume up 20pc in May
        286 2  -  By Rahita Elias BUOYANT economic conditions here and in the region kept the air cargo industry busy in May. Changi Airport handled 82,000 tonnes of airfreight in the month, almost 20% more than a year ago. For the first five months, air cargo
        Source: CAAS  -  286 words
    • Article, Illustration
      One in 4 households owns cars; their average income — $5,000
      408 2  - One in 4 households owns cars; their average income $5,000 Reports by Anna Teo ONE IN four households or around 185,100 in all owned cars, according to the 1990 Census. And the average household income of the carowning set is $5,000 a month. In all, some 205,500 residents owned cars
      408 words
    • Article
      Population density increases to 4,705 per sq km
      331 2 SINGAPORE is getting more crowded even though its land area has expanded. The population density reached 4,705 persons per square km in 1990, up from 3,835 persons in 1980. Over the same period, Singapore's land area grew from 629.5 sq km to
      331 words
    • Article
      Palm oil trader Devon group wound up as liquidators fail to find buyer
      398 2  -  By Conrad Raj ONE of the world's largest palm oil traders, the Devon group, was wound up earlier this month after its provisional liquidators failed to Find a buyer for its business. The group's edible oil packing
      398 words
    • Article, Illustration
      Lock icon Private housing rents up to 37pc higher in prime districts than in the west
      361 2  -  By Lilian Ang RENTS for private housing in prime districts are between 10 and 37 per cent higher than those at the western end of Singapore where the rates are lowest for almost all types of
      Source: Inland Revenue Authority of Singapore  -  361 words
    • Article
      Govt units lift stake in ailing US aircraft service firm to 6.38 pc
      302 2 THE Singapore government has raised its stake in Dallasbased Aviall Inc, a troubled aircraft maintenance company whose stock lost a third of its value late last month. Bloomberg news agency said the Government of Singapore Investment Corporation
      302 words
    • Article
      Five foreigners caught in alms rip-off
      120 2 THE Ministry of Community Development warned Singaporeans yesterday to be wary when approached by people in religious robes after it recently picked up five foreigners who were collecting alms from the public and then using the cash for their own daily needs. The five
      120 words
    • Article
      Nobel moving into retailing
      95 2 SINGAPORE-based Nobel Group, a manufacturer and designer of furniture, is diversifying into retailing as it expands into the region. This was announced yesterday at the opening of its new regional headquarters, Nobel Design House, in Joo Seng Road. Managing director Bert Choong said the group will
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    • Article
      Jaya leads team to Asean meeting
      67 2 THE Minister for Foreign Affairs, S Jayakumar, will lead a Singapore delegation to the 27th Asean Ministerial Meeting, the inaugural Asean Regional Forum and the annual Post-Min-isterial Conferences with Asean's dialogue partners, to be held in Bangkok from today until next Thursday. Prof Jayakumar
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      848 2 I only specialise in selling properties of transactions even the big boys will be proud of. My success story couldn't be better 126 properties in 12 all soldi It does not you anything to see me, just cup of coffee, two teaspoons of sugar, I shall bring the curry puffs.
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Second forum to be held in Brunei next year
      525 3  -  From Yang Razali Kassim in BANGKOK THE first Asean Regional Forum, which takes place here next week, will meet again for the second time in Brunei next year. This was disclosed by Asean yesterday as its foreign ministers began arriving here
      Reuter  -  525 words
    • Article
      Thailand's S-E Asia 10 plan gets the cold shoulder
      308 3  -  Run-up to the Asean Regional Forum By Yang Razali Kassim BANGKOK Thailand's plan to bring the 10 countries in South-east Asia together under what it calls a "South-east Asia 10" initiative is meeting resistance. Following mounting concern within the Association of
      308 words
    • Article
      Role in M-East peace process keeps Christopher away from Bangkok
      427 3  -  From Leon Hadar in WASHINGTON THE Clinton administration's top Asia aide says the decision by the US Secretary of State not to take part in the Asean post-ministerial meeting and to send his deputy to Bangkok instead, should not be
      427 words
    • Article
      Asean not opposed to Myanmar's membership: Prasong
      253 3  -  By Yong Razali Kassim BANGKOK Thai Foreign Minister Prasong Soonsiri said yesterday that Asean is in principle not opposed to Myanmar becoming a member of the group. But whether and when it is brought on board will depend on Yangon's readiness. Equally crucial
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    • NOTEBOOK
      • Article
        Lock icon Bank Negara deputy chief retiring
        55 4 Bloomberg Business News KUALA LUMPUR Lin See Yan will retire next week after 14 years as deputy governor of Bank Negara, the Malaysian central bank said yesterday. Khong Kim Nyoon, who currently serves as secretary to the bank's board of directors, will take over Mr
        Bloomberg Business News  -  55 words
      • Article
        Lock icon Guy Laroche wins lawsuit in Indonesia
        80 4 AFP JAKARTA An Indonesian court has ruled that the French firm Guy Laroche has the sole right to use the designer's name as its trademark, cancelling an earlier registration of the brand by a local businesswoman, lawyer James Lumenta said yesterday. He said the
        AFP  -  80 words
      • Article
        Lock icon Philippine firms borrowing abroad
        74 4 Reuter MANILA Private companies are now the Philippines' top borrowers in foreign capital markets, the Central Bank said yesterday. Of applications for overseas financing totalling US$2.l7 billion (553.2 billion) from January to June, private companies accounted for 74 per cent, or US$l.6 billion, of the medium
        Reuter  -  74 words
      • Article
        Lock icon 200b rupiah for ecolabelling body
        99 4 AFP JAKARTA The Indonesian government has earmarked at least 200 billion rupiah (S$ 138.8 million) to support the setting up of an ecolabelling body, a press report said here yesterday. The Bisnis Indonesia daily quoted Forestry Minister Jamaludin Suryohadikusumo as saying that aside from the
        AFP  -  99 words
    • Article
      Lock icon US firms to pour M$8.2b into Malaysia, study shows
      284 4 Bernama KUALA LUMPUR American companies operating in Malaysia are expected to invest MSB.2 billion (554.79 billion) in the country up to 1995, a survey shows. The survey, conducted by the American-Malaysian Chamber of Commerce (Amcham), says the projected capital injection reflects
      Bernama  -  284 words
    • Article
      Indonesia expects 70pc rise in foreign investments this year
      444 4  -  By William Chia SINGAPORE Indonesia expects foreign investment to hit US$l4 billion (5521.14 billion) this year a huge 70 per cent rise on the record US$B.l4 billion last year. The State Minister for Investment, Sanyoto Sastrowardoyo, who spoke at a forum
      444 words
    • Article, Illustration
      Lock icon Suharto tells military to stay out of politics
      411 4 The Straits Times JAKARTA President Suharto yesterday urged Indonesia's powerful military to stay away from the affairs of other government institutions, and step up its efforts to prevent crime. In what analysts believe was his clearest message yet to the armed forces
      The Straits Times; Reuter  -  411 words
    • Article
      Lock icon Stanchart to pull out of countries where graft is a must for business
      332 4 FT LONDON Standard Chartered, the UK-based international bank, will withdraw from countries where unethical behaviour such as bribery is a prerequisite for doing business, says John McFariane, a bank director. Mr McFarlane's remarks on Tuesday followed the
      FT  -  332 words
    • Article
      Lock icon ADB's proposal for Thai-M'sian-Indon growth triangle criticised
      261 4 AP MANILA Officials have voiced reservations about an Asian Development Bank plan for a regional development zone that includes Indonesia, Thailand and Malaysia. A three-day meeting on the proposal began yesterday at the headquarters of the regional development bank here. The proposed growth
      AP  -  261 words
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      101 4 5 GREAT MINDS THINK ALIKE (You can tell Ly tkeir skirts) j* VVTim if romes to excellence in tailoring, distinguished statesmen, royalty and just there is no other name quite like CYC about every man who recognises the It's why CYC has become the favourite importance of dressing well CYC
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      284 4 Thia announcement appear* for the purpoaea of record only July 1994 OVERSEAS UNION BANK LIMITED (incorporated in the Republic of Singapore) RENOUNCEABLE RIGHTS ISSUE of 94,849,849 new ordinary shares of $1.00 each on the basis of one (1) new ordinary share of $1.00 each for every five (5) ordinary shares
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      69 5 ilk fS; 1 D 0 N T ,0— > CRACK $f PRESSURE *zmL* _rWT' v r%* CI i' W,/" i hw %i mX/ *N. ■L ft? \yCZ3k, Hp ■Kipr Officially 5 I chronometer movement. 18 karat 1 M 1 sohd goid and finely brushed stee ifl Exclusive orace'et design. Scratchin
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon China blasts CBS' Beijing-spies claim
        71 6 AP BEIJING China lashed out yesterday at an American CBS television network report that portrayed the Chinese community in the US as an ethnic group riddled with Beijing-run spies. The CBS report on what it called the "biggest spy network in America" said investigations had
        AP  -  71 words
      • Article
        Lock icon Wang Zhen's son in historic visit
        111 6 AP TAIPEI A son of China's former Vice-President Wang Zhen arrived in Taipei yesterday for an historic first visit by an offspring of a Chinese official to Taiwan. Wang Jun, 53, vicechairman of the Chinese Golf Association, is leading a two-player Chinese team that
        AP  -  111 words
      • Article
        Lock icon Crackdown on unauthorised medical care
        97 6 AFP BEIJING China's Public Health Ministry is to clamp down on the increasing number of hospitals and clinics that overcharge patients, waste medical resources and provide sub-standard care, China Daily said yesterday. A new state regulation that goes into effect in September requires all medical
        AFP  -  97 words
      • Article
        Lock icon Taiwan export orders surge 10.8 pc
        68 6 Bloomberg Business News TAIPEI Export orders received by Taiwan companies gained 10.8 per cent on the year in June to U557.75 billion (SSI 1.7 billion) on a surge in business from Japan, the Ministry of Economic Affairs said. Japan's export orders to Taiwan companies
        Bloomberg Business News  -  68 words
    • Article, Illustration
      Lock icon UK minister fails to convince HK legislators of success of China trip
      316 6  -  Fna Lim Soon Neo in HONGKONG ALASTAIR GOODLAD, the British Foreign Minister with Special Responsibility for Hongkong who arrived here yesterday after a six-day visit to China, insisted his fencemending trip to China had been constructive. But he
      AFP  -  316 words
    • Article
      Lock icon Prices expected to weaken at HK govt land auction
      459 6 Reuter HONGKONG Official efforts to cool Hongkong's overheating property market are likely to shave about 20 per cent off prices at a government land auction next week, property analysts said yesterday. The auction of two residential lots in the outer area
      Reuter  -  459 words
    • Article
      Lock icon Beijing rules out compromise to gain Gatt entry
      529 6 Reuter AP AFP BEIJING China said yesterday it will not trade off national interests to gain entry to the General Agreement on Tariffs and Trade and will renege on all commitments if barred from the world trade body. "China will seek a
      Reuter; AP; AFP  -  529 words
    • Article, Illustration
      Lock icon Status symbol for the giant ego
      50 6 AFP BEIJING A boy walking past a giant model of a portable phone outside a service centre for cellular phones on Monday. Along with private cars and pedigree pet dogs, portable phones are one of the dominant status symbols of China's nouveaux rich. AFP
      AFP  -  50 words
    • Article
      Lock icon Foreign investments in China jump 50pc
      239 6 Reuter HONGKONG Foreign contracted investment in China between January and June totalled US$44 billion (Ss66 billion) involving 25,450 projects, the Beijing-controlled Hongkong China News Agency said yesterday. J US$l4.7 billion, up more tnn 50 per cent compared with fie same period last year, the
      Reuter  -  239 words
    • Article
      China market not yet ripe for foreign retailers: US manager
      298 6  -  From Lim Soon Neo in HONGKONG THE retail market in China is still not ready for international retailers, says an American retailer, Mitchell Finkelstein. Mr Finkelstein, the managing director of Wisetex Trading Ltd, which opened an Ameri-can-style store selling casual
      298 words
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      246 6 w •V r T ,V. «!*<<♦■• Sale of Fine Chinese Art in Singapore Wu Guanzhong (bom 1919), Village on Rock Island, dated 1976. Oil on Board. 60.7 by 46 cm, estimate 5565,000 85.000 Preview 21 (Thu) July 11am to 7pm Sale 24 (Sun) July 94 10:30 am (Ceramics Works of
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      195 6 CANON COPIERS FAX RENT LEASE TRADE-IN BUY -1 r CAMOM MP 158 Jor T •Auto fait Msdtog slot ate.BRAND NEW CANON PLAIN PAPER COPERS NP 2120 i •21 copiss per minulsKXher umU teNures Optional; Auto Document Feeder Sorter H 20 olher mods* lo choose Iran our showroom T 1 Reliable
      195 words
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      148 6 BOLTON INSTITUTE (Proposed The University of Bolton) United Kingdom *tg B.A. (HONS) DEGREf BUSINESS STUDIES I Zjfi IS Ist Intake October 1994 p Full Programme [2 x 'z years) For GCE 'A' level holders or equivalent qualifications with 2 years working experience. Accelerated Programme (18 months) For holders of polytechnic
      148 words
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  • REST OF ASIA
    • Article
      Japanese shift from Aussie real estate to manufacturing sector
      395 7  -  *9 Peter Osborne SINGAPORE The processed food industry is leading a shift in the pattern of Japanese investment in Australia, as capital deserts real estate in favour of a more competitive manufacturing sector. Figures issued this week by Japan's Ministry of
      395 words
    • Article, Illustration
      Lock icon Asian investors get slice of Aussie golf market
      359 7 Reuter SYDNEY Australian and Asian golfers are being encouraged to buy a slice of their own fairway in a trend to fund new golf courses in Australia through tradeable shares, or membership certificates. Tom Duguid, deputy executive director of the Australian Golf
      Reuter  -  359 words
    • Article
      Lock icon Keating rules out rise in official interest rates
      337 7 Bloomberg Business News CANBERRA Australian Prime Minister Paul Keating yesterday talked down the prospects of a rise in official interest rates. "While ever the inflation rate remains low, interest rates will remain low too," he told a local radio interview during a
      Bloomberg Business News  -  337 words
    • Article
      India delays telecoms licensing for legal review
      202 7 NEW DELHI India has asked its law ministry to vet conditions for the entry of private firms into the telecommunications industry, the Business Standard reported. The newspaper said Prime Minister PV Narasimha Rao wanted a safe legal front before approving and announcing the
      202 words
    • Article
      Lock icon Tokyo firms' equipment disposal plan
      67 7 AFP TOKYO The Japan Federation of Economic Organisations ,j (Keidanren) has launched a programme to help Japanese com pa- nies dispose of excess manufacturing equipment abroad, a spokesman said yesterday. Under the programme, to be financed by affiliate Japan International Development Organisation (JaidoX troubled textile
      AFP  -  67 words
    • Article
      Lock icon Japanese minister cautious on EAEC
      72 7 Bernama-Kyodo TOKYO Foreign Minister Yohei Kono yesterday expressed r caution about the creation of the proposed East Asia Economic Caucus (EAEC). In a meeting with Malaysian International Trade and Industry Minister Rafidah Aziz, Mr Kono said if the EAEC was launched without first obtaining outside
      Bernama-Kyodo  -  72 words
    • Article
      Lock icon Support for Murayama Cabinet still low
      71 7 AFP TOKYO Popular support for the three-week-old Cabinet pf Japanese Prime Minister Tomiichi Murayama remains low at 35 per cent to 37.1 per cent, according to two newspaper opinion polls published yesterday. The Yomiuri newspaper, the nations y largest circulation daily, said its weekend
      AFP  -  71 words
    • Article
      Lock icon Sri Lankan opposition plans reforms
      37 7 AFP COLOMBO Sri Lanka's main opposition party yesterday announced sweeping constitutional reforms and vowed to restoctf' social wdfare measures if returned to power at next month's parliamentary polls. AFP p t« i
      AFP  -  37 words
    • Article
      Lock icon Murayama says Japan's military is constitutional
      203 7 Reuter TOKYO Japan's Prime Minister Tomiichi Murayama fended off a scathing attack from his predecessor yesterday and declared that his Socialist party will no longer claim that the country's military violates the constitution. Mr Murayama, however, told Parliament that his Social-ist-conservative government would pursue
      Reuter  -  203 words
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      132 7 Smooth as silk is a smile that comes from the heart not the handbook. Smooth as silk is an attitude born of a centuries old culture It's the natural charm and friendliness of our cabin and ground crews. It's a beautiful fresh orchid for every passenger It's superb cuisine, some
      132 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Bundesbank trims key interest rate
        84 8 Reuter FRANKFURT The Bundesbank made another small cut in a key money-market interest rate yesterday but traders said the easing gave no clues on whether the central bank would lower official rates today. The German central bank allowed the securities repurchase or repo rate to
        Reuter  -  84 words
      • Article
        Lock icon Inquiry slams UK aid-for-arms deal
        54 8 Reuter LONDON A British parliamentary inquiry yesterday slammed the government over a controversial "aid for arms" deal to build a Malaysian dam. In a sharply worded and highly critical report, the influential foreign affairs committee attacked ministeries for failing to consult each other over Britain's
        Reuter  -  54 words
      • Article, Illustration
        Lock icon Serbs keep Bosnia in suspense
        54 8 AFP PALE Miroslav Toholji, self-styled information minister of the self-proclaimed Bosnian Serb parliament, holds a sealed envelope containing the Serb reply to an international peace plan for Bosnia. He said the contents would be revealed in Geneva before the members of the Contact Group, which
        AFP  -  54 words
      • Article
        Lock icon EC agrees to aid long-term jobless
        56 8 AFP BRUSSELS The European Commission on Tuesday approved 7.15 billion ECU (5513.3 billion) plans to fight long-term joblessness in six European Union countries, a commission spokesman said. The funds, to come out of the European Social Fund, will be shared among Britain, Denmark, Germany,
        AFP  -  56 words
      • Article
        Lock icon IMF urged to lift private funding
        76 8 Bloomberg Business News LONDON UK Chancellor of the Exchequer Kenneth Clarke said the World Bank should increase its emphasis on promoting private sector investment to reduce world poverty, the Financial Times reported. In an article commemorating the 50-year anniversary of the Bretton Woods meeting,
        Bloomberg Business News  -  76 words
      • Article
        Lock icon Millions of letters undelivered
        87 8 The Washington Post WASHINGTON Postal inspectors recently discovered millions of pieces of undelivered mail at two of Washington's largest post offices. Inspectors, conducting a surprise audit of the region's major mail facilities, said managers at the Southern Maryland plant in Capitol Heights routinely stashed unprocessed mail
        The Washington Post  -  87 words
      • Article
        Lock icon World Bank cuts Russian oil loans
        76 8 AFP WASHINGTON The World Bank has decided to end loans for oil and gas projects in Russia because adequate private-sec-tor funding has become available, bank president Lewis Preston said. "We will exit that area and turn our attention to other areas," Mr Preston said.
        AFP  -  76 words
    • Article
      Lock icon Geneva wins bid to host WTO headquarters
      405 8 Germans hit out at French for undermining Bonn's case AFP GENEVA Geneva has beaten Bonn in a two-month battle to host the headquarters of the World Trade Organisation, the body set up to replace Gatt. Andras Szepesi, the Hungarian ambassador to the General
      AFP  -  405 words
    • Article
      Major revamps Cabinet but fails to impress
      469 8  -  From Neville Stack in LONDON IN THE hope of trumping the expected impact of a charismatic new leader of the opposition, Britain's Prime Minister John Major yesterday shuffled his Cabinet to give himself a stronger hand. But the departure of some old war
      469 words
    • Article, Illustration
      Lock icon Baby Jaws
      56 8 Reuter LONDON What is thought to be the world's first test-tube shark was born on Tuesday. The baby Bull Huss shark spent 10 weeks in a test tube at the Portsmouth Sea Life Centre. It has been named Lucky because its egg was found on the seashore by
      Reuter  -  56 words
    • Article
      Lock icon Germany's trade with S-E Asia compensating for weak EU markets
      306 8 AFP FRANKFURT Germany's trade with South-east Asia has almost doubled as a proportion of its overall foreign business over the past decade. The Bundesbank, in a report to be published today, says the booming markets there for Germany's cars, chemicals
      AFP  -  306 words
    • Article
      Lock icon Congress in tussle over US export controls
      303 8 Reuter WASHINGTON As Congress struggles over reform of US export controls designed to restrict weapons technology a study has found such barriers are costly and unworkable. Research expert James Burnham with the Centre for the Study of American Business yesterday cited estimates of
      Reuter  -  303 words
    • Article
      Lock icon Gore tries to patch up fraying US trade ties with Canada
      436 8 Reuter OTTAWA Vice-President Al Gore tried to patch up fraying trade relations between Canada and the United States on Tuesday, saying a dispute over Canadian wheat exports was only a small flap in a stable relationship. "You can't possibly
      Reuter  -  436 words
    • Article
      Lock icon German bureaucrats to get performance-linked pay
      400 8 Experimental scheme aimed at making civil service more efficient Reuter BONN Germany is to experiment with performance-re-lated pay and bonuses for civil servants in an effort to make its bureaucracy more efficient. Chancellor Helmut Kohl's Cabinet, which has often complained that cumbersome bureaucracy hampers
      Reuter  -  400 words
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      336 8 BUSINESS TIMES TOLL-FREE TEL. No. 1-BQO-741-1883 FAX: 741-1298 y REED X. J fiSi ASIAN M PUBLISHING H I CHEMICALS MARKET I REPORTER I I SUB/LAYOUT ARTIST I I Reed Asian Publishing is a member of the Reed-Elsevier group, one H of the world's largest publishing and information companies. Reed- H
      336 words
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  • SPORTS
    • Article
      Lock icon South Africa makes emotional return to Lord's Test arena
      463 9 Reuter LONDON South Africa's cricket odyssey out of exile and back into the international fold reaches its emotional climax at Lord's today. The players and officials from the republic have experienced some compelling moments since being re-admitted to the world game
      Reuter  -  463 words
    • Article, Illustration
      Lock icon Double joy
      40 9 AFP NEW YORK New York Mets shortstop Jose Vizcaino leaping over Los Angeles Dodgers Tim Wallach after completing a double play in the first inning on Tuesday. The Mets trailed the Dodgers 4-2 in the fifth inning. AFP
      AFP  -  40 words
    • Article
      Lock icon Delta now an Olympic sponsor
      154 9 AP ATLANTA Delta Air Lines officially joined the list of Olympic sponsors with a US$3O million (Ss4s million) deal including US$2O million in travel and cargo services. The airline's cash outlay will be less than US$lO million, Delta chairman Ronald Allen said in announcing the
      AP  -  154 words
    • Article, Illustration
      Lock icon Bullet in neck can't keep a good woman off the US golf tour
      782 9  -  Kim Williams tees off today against the odds, writes Ira Berkow Golf Ira Berkow NYT BETHESDA, Maryland One inconvenience of having a bullet lodged in your neck is that you may need a note from your doctor
      NYT  -  782 words
    • Article
      Lock icon Barred cricketer set to snub native country
      398 9 AP LONDON Basil D'Oliveira, the South African-born cricket player barred from touring his native country with England in 1968, appears set to snub the republic's historic return to Lord's today. D'Oliveira, a mixed-race native of the Cape Town area, is among a host
      AP  -  398 words
    • Article
      Lock icon Laura Davies may be US Open favourite
      120 9 AP LAKE ORION, Michigan At a time when distance, rather than shotmaking, is taking over golf, England's Laura Davies has discovered that less is more. As a result, she might be the favourite to win the US Women's Open. Lauri Merten is the
      AP  -  120 words
    • Article
      Lock icon Their Cup runneth over in Rio
      218 9 Reuter RIO DE JANEIRO Brazil's victorious World Cup team crowned a marathon three-city welcome home tour yesterday in Rio de Janeiro, the city where many of the team members first launched their sports careers. From the top of three fire trucks that drove them
      Reuter  -  218 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        70 9 AFP KUALA LUMPUR Defending champions England fought tooth-and-nail to overcome Nigeria 59-49 in their opening match of the sixnation Commonwealth Basketball '94 championship on Tuesday. Canada thrashed Singapore 107-42 while Malaysia fought another heated battle with Hongkong for a narrow 88-72 win in two other opening day matches on
        AFP  -  70 words
      • Article, Illustration
        Lock icon Cricket
        167 9 Reuter LONDON Former West Indies captain Viv Richards, who vowed never to play in South Africa until a black president was elected, is set to sign a six-month contract for Western Province. In a statement issued through his British agent Antiguan Richards. 42. said he was "delighted to play
        Reuter  -  167 words
      • Article, Illustration
        Cycling
        90 9 L'ALPE D'HUEZ, Fnuxx Tour de France 224.5 km 16th stage between Valreas and L'Alpe d'Hnez: 1 Roberto Conti (Ita) 6hr 06min 4Ssec 2 Hernan Buenahora (Col) at 2min 2see 3 Udo Bolts (Ger) 3:49 4 Alberto Elli (lta) same time 5 Giancarlo Perini (lta) 4:03 11 Richard Virenque (Fra)
        90 words
      • Article, Illustration
        Lock icon Rugby
        154 9 Reuter WELLINGTON South Africa yesterday announced four changes to their team for the crucial second test against the All Blacks in Wellington on Saturday. Fullback Andre Joubert has been replaced by Transvaal's Theo van Rensburg. Joubert was among South Afri- ca's best players in their 22-14 first test defeat
        Reuter  -  154 words
      • Article, Illustration
        Lock icon Soccer
        99 9 Reuter GENEVA The fine performances by European teams at the World Cup give Europe a strong case for extra teams in the 1998 finals. European Football Union president Lennart Johansson said on Tuesday. Thirty-two teams will take part in France, eight more than in the United States. "Italy did
        Reuter  -  99 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      828 9 i Ml I HAI SUN HUP GROUP LTD I (Incorporated in to Republic of Singapore) B Notice of Extraordinary General Meeting j I NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company wil be held at >Aj §11 200 Cantonment Road fOO-01. Southpoint Singapore 0206 on 5
      828 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      527 10 Nothing Beats A Budor COSMOPOLITAN BUFFET ij M Lunch Buffet: 12 noon 2Jopm tv $16 JO (adult) $10.80 (child) Dinner Buffet: 6 JOpm 10.00pm $18 JO (adult) $12.80 (child) All phca ai« mbjetl to 10* temcr charge, jy g c~nu««.U,.»d»C S T tft 1 Gmusd rJS2SSA- <^r ,It% 24 *omr
      527 words
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      Page 10 Advertisements Column 2
      294 10 WHERE TO WINE, DINE AND ENTERTAIN LETS TALK OVER LUNCH Seafood Theatre Restaurant proudly presents a series of monthly luncheon talks by expert well-known personalities. July 30 Aromatherapy Total Well-being by Mrs Angelyn Lira Uulicl iuiich and talk at $28 nett. <>r enquiries, pkase call toll-tree *****11 or *****11 ext.
      294 words
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      Page 10 Advertisements Column 3
      328 10 g§ r <M "S(tiod£ round-the-cloci Chutertofj komt of wr famous 9iaimtmete CfacH&i fjczomdpopular Cocomnt let Cnmm WjpttHltf btofrukcocommt. Try thou, omdyomVffom/ CoHcc shop nrfjf they art die specialties of tke house. Mfc« nw *gw" mQMMftppMnn M7IMIII /a Now you can sample all your favourite Hawker food in the air-conditioned comfort
      328 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Philby's archive snapped up
      481 11  -  UK traitor's memorabilia fetches a small fortune at Sotheby's, writes Anne Senior Anne Senior Reuter Documents and memorabilia offering insights into the life of British spy Kim Philby, a Cold War double agent and defector, fetched a small fortune on Tuesday in the country he betrayed
      Reuter; AFP  -  481 words
    • Article, Illustration
      Timely return of popular S'pore musical
      396 11  -  NTUCs hit show A River in Time will be a highlight of the National Day celebrations, writes Diana Oon Diana Oon SINGAPORE history is most definitely not bunk. So charting the last 60 years of Singapore's development in a musical would seem to be
      396 words
    • Article, Illustration
      Lock icon £2.3 m profit from palace tours
      632 11 Reuter Reuter UPI AP AP QUEEN ELIZABETH'S new trading arm in its first year netted £4.3 million (SSIO.I million) from tours of her palaces and sales of souvenirs, figures released on Tuesday night showed. Profits, £2.3 million, from opening Buckingham Palace in London to
      Reuter; UPI; AP  -  632 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      57 11 1 Enjoy the delicate temptation of the finest Cantonese dian xin for lunch, freshly prepared by our team of Hong Kong chefs. And what better place than the Summer Palace to eat to your heart's content. the I V, Singapore 8 A Four Seasons Recent Hotel S I Cuicaden Road,
      57 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1131 11 I TV RADIO I I Wtt m ml Sister Act, 8.30pm, SBC 5 WDIH IbJn&ll Whoopi Goldberg 81 1 nightclub 8 r to from her ster boyfriend Harvey V There, she trots out some really S ml threadbare jokes, but this 1992 comedy exudes charm, thanks 4Q% S I |^2M^n
      1,131 words
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  • Page 12 Advertisements
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      218 12 'ii Jipilr \jy^M| Jk Yfe v >' ;n Js& .s|§ .1, ,1-11 Wk v 'HPKT* I^r YaS*> V TI j WdSSoiv < •<- ,yn*t. r V .y>|fcii!^^^^^^^^BKajlX'WreftAvMß«rr ft ••< rw iff*- \s£hf '-Y>^PvP^t\A w< '*»rl i& c imßGl'v vs^&vre* mS XjX sfS?' £v ™w Jw MM K K 1 imP''
      218 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      BMW's new electric car combines zap with zip
      871 13  -  While still a prototype, it's designed for actual production and will hold its own on the highway, says Ramesh Divyanathan, who test-drove it at BMW's Munich HQ Ramesh Divyanathan AT first glance, BMW's E-l looks like any of the latest hatchback cars,
      871 words
    • IN TAKES
      • Article, Illustration
        High-tech toilet system
        64 13 SINGAPORE Stockholm-based Jets Vacuum AS has launched a stainless steel version of its Vacuumarator (above), which cuts prices of such toilet systems by 50 per cent. The patented product has been designed as the central vacuum generator of a toilet system. Vacuum toilet technology is increasingly being
        64 words
      • Article
        Low-cost surveillance system
        68 13 SINGAPORE UK-based Wylam Hill Ltd has unveiled a low-cost security surveillance system that is able to distinguish both audibly and visually human movement from that of an animal or mechanical equipment. Measuring 275 by 110 by 60mm, the Portaguard is a pistol-type grip system and comes with
        68 words
      • Article
        Lock icon Brain aerobics may boost memory
        102 13 Reuter Florida Music, maths and goggles with flashing lights are part of a "brain brightening" regimen that may help combat the loss of memory associated with ageing, researchers —|S£id. "It's sort of aerobics for the brain," said Tom Budzynski, a professor at the University of
        Reuter  -  102 words
    • Article
      Lock icon Zapping away at cavities — the painless way
      424 13 Zapping away at cavities the painless way UPI TWO years ago in Monterrey, Mexico, a dentist named Hector Martinez agreed to test a new device that its inventor in Texas had said would zap away a cavity painlessly in less than 30 seconds. After a six-month trial, he offered an
      UPI  -  424 words
    • Article
      Lock icon Scientists expect triple-jolt on Jupiter today
      273 13 AP A FRAGMENTED comet that has been plowing into Jupiter for days isn't finished yet: there's a triple-whammy jolt yet to come for the giant planet. Fragment Q2, thought to be more than 2.5 kilometres in diameter, was to smash into Jupiter early this
      AP  -  273 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      767 13 f CENTRAL PROPERTIES LIMITED AND ITS SUBSIDIARY COMPANIES (Incorporated In Singapore) PROFIT AND DIVIDEND ANNOUNCEMENT I UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1994 The Group The Company Half Year HaN Year Half Year Ha* Year cnoea cnaoo cnaou enow 30.06.94 30.06.93 Chang* 30.06.94 30.06.93 Change ssooo srooo
      767 words
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  • Page 14 Advertisements
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      118 14 fe, 4« Ajaß ,£$V 19'-*** Pr|eE>l|iC §*^^H ™BH!gi iflH fcfw fe« 22 J«ly-sA*|«rtlfM f gT3|ft|Mfc9E|t Time 10.00 am 7.00 pm I 3 Bl II v#|llie CffINMOWIffO|NT I -T-'fegj|BMifrMjKj |J sdom iwiy&ofli Inner Ring Road. I I II 10 mins to Nan Jin Road. S™i„ oias 7 mins to Lujiazui Financial
      118 words
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  • THE LAW PAGE
    • Article
      Lock icon A growing cry for justice as pain spreads
      1167 15  -  American workers suffering from repetitive strain disorders are seeking a new legal weapon to help them win compensation claims. Barnaby J Feder reports Barnaby J Feder NYT More and more American workers suffering from repetitive Strain disorders are seeking to add yet
      NYT  -  1,167 words
    • Article
      Assigned lawyers get better deal in S'pore than in KL
      593 15  -  |m the bar By Conrad Raj INGAPORE lawyers who feel they are not being sufficiently rewarded for being assigned by the Courts to defend those charged with murder and drug-traffick-ing should consider what their Malaysian colleagues have to be content
      593 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      21 15 EH I I Hi I Hanhomtpricts I Homcdown to tarth? I wan: mrt I ■intmiy I Him TO* I u|) NWAlLABLH^ewsstanp^
      21 words
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      Page 15 Advertisements Column 2
      199 15 WATCH OUT WORLD I I The most advanced Automatic World jMKT* complicated mechanism, the H Time watch in the world, it took over PERSONAL T V S is very simple to use. I five years to successfully develop. Available in solid 18k gold, steel/gold, I Time well spent when you
      199 words
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  • Article
    Asean's timely security initiative
    537 16 THE Association of South-east Asian Nations (Asean), after decades of carefully avoiding any talk about the region's security years better spent nurturing the grouping's six economies has taken the unprecedented step of hosting a security dialogue. The new Asean Regional Forum (ARF), to be launched on
    537 words
  • Article
    Japan and Asian security
    155 16 A MULTILATERAL framework will reflect best the distribution and the balance of power in Asia. Thus, Japan's defence, like that of other Asian countries, can only benefit from the movement towards multilateral lecurity arrangements, of which the Asean Regional Forum is a promising start. Multilateralism makes
    155 words
  • Article
    Support lasting Mideast peace
    154 16 HISTORY is being created in the process to achieve a peaceful settlement in the Middle East conflict. In an air-conditioned tent straddling their countries 1 desert border, peace negotiators for Israel and Jordan met on Monday for the first time in their own region and spoke
    154 words
  • Article
    Nondescript government
    158 16 JAPANESE Prime Minister Tomiichi Murayama's maiden policy speech on Monday in Parliament indicates again that his government is still a typical transitional government. This government has no new ideas. Murayama said Japan would continue to strengthen Japan-US security ties and keep SDF forces at a necessary level afier
    158 words
  • Article
    Help thy neighbour
    185 16 OVER THE DECADES, Hongkong has prospered through individual initiative and hard work, combined with a rudimentary social safety net based largely on family relationships. Attempts to get individuals to cooperate on something as simple as keeping Hongkong clean have represented a triumph of optimism over experience, and
    185 words
  • Article
    Wish you were here, Uncle Sam
    151 16 THE ABSENCE of the US from any premeditated meeting that it is supposed to attend would certainly be felt greatly. But Foreign Minister Abdullah Badawi seemed to have taken the imminent absence of US Secretary of State Warren Christopher from Bangkok this week with
    151 words
  • Article, Illustration
    A quarrel that's doing neither party any good
    880 16  -  Harish Mehta says Cambodia and Vietnam should jointly develop the promising Singapore-size island of Phu Quoc, rather than fight over its ownership Harish Mehta VIETNAM and Cambodia are set to clash over the ownership of an idyllic island in waters close to
    880 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      64 16 .1 t II PM 'M Are property prices really coming down? Find out what the experts have to say in a special BT supplement tomorrow. Check out what developers are up to, where the investment opportunities are, and how overseas markets are faring. All these and more in Property '94,
      64 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      107 16 fortW'S vioRBBLC. MtSS SajAmfV— IpgfruwG ox-tic fronty I [this supppsep Vb€. J rm Running my eve. /looks -JKL mm FpR TWG CWe.STC.R- peflfcv \\SIT ft J I CWOWTBWWAWWLIMIB.IIM CQUg.Se.. I tns DOONESBURY GARRY TRUDEAU I OJHATPO WIX- UJGLLGF SOXX/RSNOT BUT I DtPt/T M I wnrutad cumtki/z EHH I THUHTSR" IJUST
      107 words
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  • ANALYSIS
    • Article, Illustration
      Now that Rising Sam is eclipsing Rising Sun...
      1568 17  -  While Leon Hadar examines a top Democrat's report that advocates a new US trade policy towards Japan and Asia, involving a 'global approach' rather than 'managed trade', Anthony Rowley sees the latest trade figures as embarrassing to the new government in Tokyo
      1,568 words
    • Article, Illustration
      Lock icon Getting tougher to explain away the soaring surplus
      952 17 JAPAN's latest trade figures suggest that if the upward trend in the nation's chronic surplus is really dead, or at least dying (as many economists claim), then it is showing remarkably few signs of being ready to lie down. Ironically, Japan's surplus
      Source: Salomon Bros (Asia)  -  952 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      69 17 All of these Securities have been sold. This announcement appears as a matter of record only. Indah Kiat International Finance Company B.V. U.S. $500,000,000 U.S. $150,000,000u 3 /s% Guaranteed Secured Notes Due 1999 U.S. $200,000,000 l Guaranteed Secured Notes Due2oo2 U.S. $150,000,*****' A% Guaranteed Secured Notes Due2oo6 Unconditionally Guaranteed as
      69 words
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  • Article
    Lock icon Greenspan: interest rates may have to rise to keep inflation in check
    574 18 AP Reuter Bloomberg Business News WASHINGTON Federal Reserve chairman Alan Greenspan warned Congress yesterday that American interest rates may need to move higher to ensure that inflation remains in check. In his mid-year report to Congress on the
    AP; Reuter; Bloomberg Business News  -  574 words
  • Article
    Lock icon Dr M urges action in UMBC questionable loans case
    297 18 NST KUALA LUMPUR Prime Minister Mahathir Mohammad said yesterday that action should be taken against those found to be involved in the questionable loan and other alleged irregularities at United Malayan Banking Corporation Bhd (UMBC). He added that the matter should
    NST  -  297 words
  • Article, Illustration
    Lock icon In the cause of peace
    55 18 Reuter JERUSALEM Israelis holding up the Israeli and Jordanian flags as they shouted peace slogans yesterday in front of Prime Minister Yitzhak Rabin's offices during a demonstration supporting the Middle East peace process. The demonstration was held hours before the historic meeting of both country's
    Reuter  -  55 words
  • Article
    Lock icon Japan may halt procurement talks if US sets sanctions
    424 18 Reuter TOKYO Japan yesterday said it reserved the right to call off talks with the United States on public procurement if Washington moved toward sanctions as a last resort to prise open Japanese markets. "We reserve the right to call off
    Reuter  -  424 words
  • Article
    Lock icon KL hits out at Tokyo over charges of unfair trade
    164 18 AFP KUALA LUMPUR Malaysia blasted Japan yesterday for accusing its business partners of unfair trade practices, saying it was ironic for the nation with the world's highest trade surplus to level such a charge. "Japan has chosen to unilaterally determine
    AFP  -  164 words
  • Article
    Lock icon US housing starts fall 9.8pc as mortgage rates rise
    257 18 AP Bloomberg Business News WASHINGTON Housing starts plunged 9.8 per cent in June, the government reported yesterday, as mortgage rates rose nearly 2 percentage points above a 25-year low reached last autumn. Before yesterday's report, private analysts had anticipated a 2.6
    AP; Bloomberg Business News  -  257 words
  • Article, Illustration
    Americans rush to embrace new voice in politics
    907 18  -  The Bottom Line YEONG WAI CHEONG YEONG WAI CHEONG The writer is a principal of Kaufman, Diamond A Yeong, a US-based economic and investment research firm. He contributed this commentary to BT A CARTOON in the International Herald Tribune last week showed
    907 words
  • Article
    Lock icon Mahathir warns against drastic salary hikes in private sector
    243 18 The Straits Times Reuter PENANG Malaysian Prime Minister Mahathir Mohamad yesterday warned the private sector that raising wages dramatically would have a negative effect on the economy. Speaking to reporters after chairing the weekly Cabinet meeting, the premier said that due
    The Straits Times; Reuter  -  243 words
  • Article
    Lock icon M'sian minister denies taking gold coin from Stanchart's HK unit
    313 18 Bernama SUBANG, Selangor Malaysian Youth and Sports Minister Abdul Ghani Othman yesterday denied that he had committed breach of trust of a gold coin shown to him by Mocatta of Hongkong three years ago. He said he returned the coin,
    Bernama  -  313 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      39 18 +|\]~&*-'%](^`[@&^]-;[=>@%$+}>| REGULAR FREEHOLD SITE IN SERANGOON GARDEN Excellent Location. With provisional permission for 4 bungalows. Site area: 20,084 sf approx. FOR SALE BY TENDER Closing Date 5 August 1994 at 3 pm. For Further Information, Please Contact Sole Marketing Agents:
      39 words
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      Page 18 Advertisements Column 2
      20 18 MARKETING Tomorrow in Business Times Stanchait to pall out of countries where graft is a most for business, Pg 3
      20 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        37 19 Firm 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Daiwa. GK Goh. Morgan Grenfell, Nomura and Smith New Court.
        37 words
      • Article, Illustration
        HOT STOCK
        154 19  -  By Paul Leo Dunlop Estates has fallen 62 per cent or $6.14 to $3.76 from its record high of $9.90 on Dec 29. Medium-term technical factors are bullish. The weekly Moving Average Conver-gence-Divergence Indicator has just signalled a buy. Daily and weekly stochastics are below 25, indicating an
        154 words
    • Article, Illustration
      Lock icon Aokam seals 2 joint venture accords in China
      447 19  -  From Ho Kay Tat in KUALA LUMPUR AFTER a wait of more than a year, Aokam Perdana Bhd finally yesterday sealed an agreement for two ventures in China's north-eastern Jilin province with a state-owned timber company. Aokam, Malaysia's leading plywood manufacturer, and
      Source: Bloomberg  -  447 words
    • Article, Illustration
      Eng Wah IPO subscribed three times
      398 19 SINGAPORE The initial public offer by cinema operator and film distributor Eng Wah Organisation was almost three times subscribed when it dosed yesterday. Eng Wah issued 30 million shares half of them at a fixed price of 65 cents and the rest for tender
      398 words
    • Article
      Super ends first-day trading with a flourish
      236 19 SINGAPORE Instant beverage maker Super Coffeemix Manufacturing made a healthy debut on Sesdaq yesterday, closing at 86.5 cents or 20.1 per cent above its public offer price of 72 cents. Super was also the most active stock, with 14.19 million shares changing hands.
      236 words
    • Article
      Souring of Gordon Wu's dream for Cepa a cautionary tale on infrastructure plays
      820 19  -  HOCK LOCK SIEW By S N Vasuki SINGAPORE Whether Hongkong construction tycoon Gordon Wu will actually take a plunge into Hongkong's polluted Victoria Harbour in September, for having missed his self-imposed deadline for the completion of a
      820 words
    • Article
      Focal's 20pc profit rise in first half bodes well for finance sector
      314 19  -  By Quak Hiang Whai SINGAPORE Focal Finance yesterday reported an impressive 20 per cent jump in interim net earnings and 55 per cent surge in gross operating income. And observers said this could point to better times for
      314 words
    • Article
      Central Properties' interim earnings jump 19.3 pc
      130 19 SINGAPORE Listed hotel and property company Central Properties yesterday announced a 19.3 per cent increase in half-time group net earnings to $8.47 million on a 60 per cent jump in turnover to $8.54 million. It said turnover in the six months to June
      130 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Far East's stake in Orchard Parade
          73 20 SINGAPORE Following the placement of 4.35 million new shares by Orchard Parade Holdings, substantial shareholder Far East Organisation Pte Ltd's (FEO) stake in the group has been diluted from 75.03 per cent to 68.21 per cent. Ng Teng Fong and Tan Kim Choo jointly
          73 words
        • Article
          Lock icon CASH expects profits ahead
          60 20 Bernama KUALA LUMPUR Construction and Supplies House Bhd is confident that the effective implementation of various rationalisation and restructuring programmes will put the group on a profitable path. Chairman Abdol Mulok bin Awang Damit said in the company's annual report released yesterday that changes introduced to
          Bernama  -  60 words
        • Article
          Lock icon Uniphoenix to buy German facilities
          68 20 Bernama KUALA LUMPUR Uniphoenix Corporation Bhd through its wholly-owned German subsidiary, Organotin Chemie GmbH, has entered into a memorandum of understanding with Mitsui Co Ltd to acquire the chlorine facilities at Chemie GmbH Bitterfeld, Wolfen from Treuhandanstalt. The purpose of the MOU, which was signed
          Bernama  -  68 words
        • Article
          Lock icon Metrojaya's pre-tax profit up 52pc
          73 20 Bernama KUALA LUMPUR Retailing group Metrojaya Bhd has chalked up a group pre-tax profit of M$ 13.93 million (SSB.OB million) for the year ended March 31, 1994, an increase of 52.6 per cent from M 59.13 million in 1993. Metrojaya said yesterday that group turnover,
          Bernama  -  73 words
        • Article
          Lock icon Faber breaks ground for Hanoi hotel
          102 20 Reuter HANOI Malaysia's Faber Hotels Holdings, a subsidiary of Faber Group Bhd, has broken the ground for a US$44 million (5566.4 million) five-star hotel on Hanoi's West Lake, its first big project abroad. The project, one of Malaysia's largest investments in Vietnam, is a
          Reuter  -  102 words
        • Article
          Lock icon Concrete Construction buys I&P Fletcher
          33 20 Bernama KUALA LUMPUR Concrete Constructions Group Pty Ltd, through its joint-venture company, Concrete Constructions Group (Malaysia) Sdn Bhd, has acquired I&P Fletcher, a leading Malaysian construction company. Bernama
          Bernama  -  33 words
      • Article
        CDL Hotels (NZ) doubles net interim income
        276 20 SINGAPORE CDL Hotels New Zealand almost doubled its net income in the first six months of this year. Earnings were NZ$lO.5 million (559.5 million), a hefty NZ$9.9 million increase on the corresponding period last year. The improvement was achieved on turnover of NZ546.4
        276 words
      • Article, Illustration
        Lock icon KLSE not considering extending trading hours
        354 20 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange has not considered extending its trading hours just because the Stock Exchange of Singapore (SES) has done so. Its general manager, Salleh Majid, yesterday said that having longer trading hours did not necessarily mean that the
        Bernama  -  354 words
      • Article
        Lock icon Pan M'sian Cement unit buys 51pc of SCI
        171 20 Bernama KUALA LUMPUR Pan Malaysia Cement Works Bhd announced that its associate, APMC Enterprises Sdn Bhd, had entered into an agreement with M/S Etika Setia Sdn Bhd to acquire a 51 per cent stake in Southern Cement Industries Sdn Bhd. The joint
        Bernama  -  171 words
      • Article
        Lock icon Tenaga, regulator reassure investors about profits
        601 20 Bloomberg Business News KUALA LUMPUR Two weeks after a securities firm advised clients to sell Tenaga Nasional Bhd's stock, the country's dominant utility and its regulators are trying to win back investors. At a briefing yesterday, Tenaga and the Department of Electricity Supply said
        Bloomberg Business News  -  601 words
      • Article, Illustration
        SSL to launch Jakarta property project
        413 20  -  By Abdul Hadhi SINGAPORE Straits Steamship Land will launch the marketing campaign for its joint-venture shopping-cum-residential complex in Jakarta Pasadena Gardens on Saturday. The launch of the US$B5 million (SS 128.4 million) project will take place at a property exhibition in Jakarta. In a
        413 words
      • Article
        Low Keng Huat wins 3 building contracts worth $102 m
        174 20 SINGAPORE Construc-tion-based Low Keng Huat said yesterday it had secured three building contracts totalling $102.8 million. The three projects are a Housing and Development Board (HDB) design-and-build contract at Jurong West; a Cisco centre extension project at Jalan Afifi; and
        174 words
      • Article
        Lock icon Canadian telecom firm in venture to wire up Philippines
        313 20 AFP CEBU, Philippines Isla Communications (Islacom) yesterday signed a US$lOO million (SSISI million) joint venture with Montreal-based Teleglobe Canada to install an international gateway facility and 100,000 telephone lines in the central Philippines. Teleglobe vice-president for Asia and the Pacific, Christian
        AFP  -  313 words
      • Article
        Firm linked to Pac Can director offloads 3.2 m Pac Can shares
        245 20 SINGAPORE A company associated with Pacific Can Investments Holdings director Roland Ng San Tiong sold 3.2 million Pac Can shares at $1.40 each in the open market on Tuesday. The company, Poh Seng Realty, had 6.93 million PCIH
        245 words
      • Article
        M'sia's Westmont beefs up bank operations in Manila
        214 20  -  From Al Labita in MANILA MALAYSIAN conglomerate Westmont Holdings has chosen Manila as its centre for regional expansion. "We chose Manila because it's the most logical place," chairman Ghazali Shafie said yesterday after signing a financial assistance pact with the state-owned Philippine
        214 words
      • Article
        Untitled
        464 20 Maaafvs' prtns Jul 21 M'ui Gr Fund 1.19 l.23ffi mm ii..! Sh Twin City Fund I.OS l.l2Mfe Jwjipwfl IWH I ran Shenton Income 0.998 I 008xd(a The Commerce 1.62 1.71 Shenton Thrift Fd 1.345 The Savings Fund 1.54 1.63 Sh Asia Pac Fund 0 85 ILtlfi S pore Prog Fund
        464 words
      • Article
        Untitled
        606 20 Payment Ex Books Pay date ctoae date Alcom F 3.5TE Jun 23 Jul 7 Jul 22 ofcWl Mdgs SO" b 6 Sep 6 Sep 12 Sep 22 Amcol 25* F 20 Jul 26 Aug I Aug 23 Asia Pac Ld b 2TE Aug 10 Aug 24 Sep 23 Asia Pacific
        606 words
      • Article
        Lock icon Cheung Kong plans US$300m note, IPO
        357 22 Reuter HONGKONG Cheung Kong (Holdings) Ltd said it is considering issuing US$3OO million (***** million) guaranteed floating rate notes due in 1999 exchangeable into shares of a company to be listed separately which will hold certain businesses held by Cheung Kong in China. Cheung
        Reuter  -  357 words
      • Article
        Lock icon Shandong Huaneng to list in NY
        171 22 Reuter BEIJING Shandong Huaneng Power Company said it has obtained Chinese and US approval to list its shares on the New York stock market in early August. A company official said Shandong Huaneng was being advised in the listing by Credit Suisse First Boston.
        Reuter  -  171 words
      • Article
        Lock icon S Korea's largest shipyard shut down
        172 22 Bloomberg Business News Reuter SEOUL Hyundai Heavy Industries Co shut down South Korea's largest shipbuilding plant yesterday, saying a work slowdown by its 21,000 unionised employees has cost the company about US$25O million (***** million). On June 24, the company's unionised employees launched the
        Bloomberg Business News; Reuter  -  172 words
      • Article
        Lock icon China to expand B share markets for foreigners
        241 22 Reuter SHANGHAI China intends to expand its B share markets for foreign investors this year with the aim of merging them with domestic A share markets, the county's top securities regulator said. Liu Hongru said the Securities Commission of the State Council
        Reuter  -  241 words
      • Article, Illustration
        Former Khoo Teck Puat firm Exco soars in London relisting
        555 23  -  By Catherine Ong SINGAPORE Shares of Exco pic, »HJK financial services group once controlled by Singapore-based tycoon Khoo Teck Puat, surged 14 per cent on Tuesday on their first day on the London Stock Exchange in seven years. Bought by
        555 words
      • Article
        Lock icon Lion brews up NZ$100m plan to enter China beer market
        208 23 US corporate results Reuter SYDNEY Australasian brewing group Lion Nathan Ltd plans to spend over NZ$lOO million (5590.43 million) to build two breweries in China, chief executive officer Douglas Myers said. Mr Myers told a Sydney luncheon that the Aucklandbased
        Reuter  -  208 words
      • Article
        Lock icon Compaq's second quarter earnings climb 95pc
        255 23 Bloomberg Business News HOUSTON Compaq Computer Corp said yesterday sec-ond-quarter earnings jumped 95 per cent because of continued strong sales of its systems, from handheld personal computers to office-sized server systems. Compaq said second-quar-ter net income rose to US$2lO million (SS3I7 million), or 78
        Bloomberg Business News  -  255 words
      • Article
        Lock icon Four US brokerages post substantially lower profits
        364 23 NYT NEW YORK Merrill Lynch Co, the largest securities firm in the US, and Lehman Brothers Holdings, a large stock and bond underwriter, reported sharp declines in sec-ond-quarter earnings on Tuesday. Two major regional firms Raymond James of St Petersburg, Florida and the
        NYT  -  364 words
      • Article
        Lock icon Conner sees slowdown, prices hitting third quarter results
        164 23 Reuter SAN JOSE, California Conner Peripherals Inc said that pricing pressures and product mix changes, coupled with the summer slowdown, are likely to impact on its third quarter results, compared to the second quarter. Earlier, the disk drive maker reported second quarter
        Reuter  -  164 words
      • COMPANY BRIEFS
        • Article
          Lock icon McDonnell Douglas: up 22%
          108 23 Bloomberg Business News ST LOUIS McDonnell Douglas Corp said its second-quarter profit rose 22% on strong results in its military aircraft unit. The aerospace and defence company reported net income of USsl3Bm, or $3.50 a share, compared with profit from operations of 113 m, or $2.87
          Bloomberg Business News  -  108 words
        • Article
          Lock icon Bank America: up 8%
          82 23 Bloomberg Business News SAN FRANCISCO Bank America Corp said second-quarter net income rose 8% as a lower loan loss provision more than offset declines in income from lending, trading operations and fees. The nation's second largest banking company said net income rose to USss2sm, or $1.33
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Sears, Roebuck: up 9.8%
          95 23 Bloomberg Business News CHICAGO Sears, Roebuck Co said its income from continuing operations in the second quarter increased 9.8% from a year earlier, paced by a 23% rise in the retail division's earnings. The Chicago-based retail and insurance company said its net income and income from
          Bloomberg Business News  -  95 words
        • Article
          Lock icon Chemical Banking: up 9%
          70 23 Bloomberg Business News NEW YORK Chemical Banking Corp said second-quarter earnings rose 9% as improved loan quality offset a difficult three months for trading. The nation's third-largest banking company said net income rose to USs3s7m, or $1.28 a share, from year-earlier profit from operations of $327
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Unisys: down 52%
          77 23 Bloomberg Business News BLUE BELL, Pasadena Unisys Corp said second-quarter earnings plunged 52%, mostly because of slow European sales. The No 4 computer maker in the US said it did not expect an upturn in European business until the fourth quarter. Unisys said net income fell to
          Bloomberg Business News  -  77 words
        • Article
          Lock icon IBM: strong result seen
          76 23 Reuter NEW YORK International Business Machines Corp is expected to report strong second quarter earnings today, but analysts will focus on cost-cutting progress, amid speculation that job cuts are behind schedule. Analysts's estimates for IBM's second quarter range from 50c to 84c a share, with a
          Reuter  -  76 words
        • Article
          Lock icon Republic NY: up 6%
          71 23 Bloomberg Business News NEW YORK Republic New York Corp said second-quarter net income rose 6% as a lower loss provision and gains from loans more than offset higher overhead costs. The nation's 20th largest US banking company said net income rose to USs79.4m, or $1.35 a
          Bloomberg Business News  -  71 words
      • Article
        ADR market hits record levels at half-time
        398 23  -  By Quak Hiang Whai SINGAPORE Non-Ameri-can companies continued to raise money in the United States through American Depositary Receipts (ADRs), setting a record in the number of new issues in the first six months of this year. During the period, a record 68
        398 words
      • Article, Illustration
        Lock icon CBS not for sale, says chairman
        188 23 NYT LOS ANGELES An emphatic Laurence Tisch, the chairman of CBS, says CBS is not for sale despite the rumours that have raged through the television industry after the demise of its planned merger with the QVC cable channel. "I'm sending a signal to
        NYT  -  188 words
      • Article
        Lock icon Sony seeks to open TV plant in India
        79 23 AFP TOKYO Japan's Sony Corp has applied to the Indian government to assemble televisions in the country, a spokesman said. "We have been talking with the Indian government on possible production since early this year. We are now conducting a feasibility study,"
        AFP  -  79 words
      • Article
        Lock icon Nippon Steel revamping plant
        68 23 AFP TOKYO Nippon Steel Corp announced plans yesterday to invest 14 billion yen (SS2I2 million) on renovating its Yawata plant in southern Japan. Japan's biggest steel-maker said the replacement of the existing electro-magnetised sheet processing line was targeted for completion in two years. Nippon Steel produces
        AFP  -  68 words
      • Article
        Lock icon Indian's biscuit bid crumbles
        101 23 Bloomberg Business News NEW DELHI An attempt by Nusli Wadia, chairman of Bombay Dyeing and Manufacturing, to increase his in biscuit manufacturer Britannia Industries Ltd to SO per cent has received a setback, the Economic Times said. The Department of Company Affairs has grdered an inquiry
        Bloomberg Business News  -  101 words
      • Article
        Lock icon Philips mute on Taiwan float
        68 23 Reuter AMSTERDAM Philips Electronics NV declined to comment on any possible gains for the Dutch firm from the planned listing of Taiwan Semiconductor Manufacturing Limited, of which it holds about 40 per cent. "I can't go into the financial aspects," a Philips spokesman said. At
        Reuter  -  68 words
      • Article
        Lock icon Alcan Canada sells stake in back-in-black Aussie unit
        255 23 AFP MELBOURNE Alcan Aluminium of Canada announced yesterday it had offloaded its 73.3 per cent stake in Alcan Australia within hours of the local unit announcing it had returned to profit. The Canadian group said it had sold its entire stake, worth
        AFP  -  255 words
    • FINANCE & COMMODITIES
      • Article
        CS First Boston to move regional HQ to new DBS building
        402 24  -  By Quak Hiang Whai SINGAPORE Merchant bank CS First Boston is taking 32,500 sq ft of new office space, of which 22,000 sq ft is committed to the expansion of its regional headquarters here. The Singapore-based company signed an
        402 words
      • Article
        EDB agrees to fund training in insurance through MAS
        297 24  -  Risk management seminar Rtports by Soh Tiang Keng SINGAPORE The Economic Development Board will lend a helping hand to fulfil Singapore's vision of becoming a developed and sophisticated insurance centre. Insurance Commissioner Lim Shu Chiau said yesterday the Monetary Authority of
        297 words
      • Article, Illustration
        Businesses urged to better manage risks
        304 24 SINGAPORE Businesses have a poor record of managing risks, a British academic told a seminar here yesterday. John Reid, head of the department of risk and financial services at Glasgow Caledonian University, told a seminar on risk management in the Asia-Pacific that fear of
        304 words
      • Article
        Lock icon Drought hitting Indon rice production
        272 24 AP JAKARTA Drought is cutting into Indonesia's rice production, and the country is counting on imports and repayment of foreign rice loans to keep up its stocks, an official said yesterday. Rice stocks available at the National Logistics Agency have dropped to 1.1 million tonnes,
        AP  -  272 words
      • Article
        Lock icon Sri Lanka, India starting tea cartel to shore up world price
        380 24 AFP COLOMBO India and Sri Lanka, the world's biggest exporters of tea, have agreed to set up a cartel with at least four other producers of the commodity, tea board sources here said after bilateral talks on Tuesday. The
        AFP  -  380 words
      • Article
        Lock icon Japan, China double-buying rubber
        315 24 Reuter SINGAPORE Aggressive Japanese and Chinese shortcovering and fresh purchases of rubber have led to double-buy-ing that could hurt producers and consumers alike. Traders say Far Eastern consumers and importers are doing the double-buying contracting for around twice their actual needs because of feared delays in
        Reuter  -  315 words
      • Article
        Lock icon London
        194 24 Bloomberg Business News LONDON The dollar fell against the deutschemark and the yen as Federal Reserve chairman Alan Greenspan disappointed traders by giving little new insight on when US interest rates will rise next. In his twice-yearly monetary policy report to Congress, Greenspan said the Fed had noted signs
        Bloomberg Business News  -  194 words
      • Article
        Oil futures rise modestly
        175 24 Bloomberg ENERGY REPORT LONDON Crude oil futures climbed modestly yesterday following a reported inventory decline in the US Midwest and a I.S million bar-rel-a-day drop in the nation's gasoline supplies. The price rise extended an U-cent increase on Tuesday after Chevron Corp said it closed an
        175 words
      • Article
        Lock icon New York
        96 24 AFP NEW YORK The dollar drifted lower yesterday in profit taking on gains made on Tuesday as traders awaited Federal Reserve chairman Alan Greenspan's mid-year assessment of the US economy. Gold rose US$l.lO from Tuesday's close to U*****.70. The dollar was trading at 1.567S German marks, down from
        AFP  -  96 words
      • Article
        Lock icon India's state-run banks prepare to go public in market-oriented economy
        516 24 Reuter BOMBAY Exactly a quarter century after India nationalised its big banks to further socialism, the same banks are preparing to go public in a newly emerging market-oriented economy. "I see seven to eight banks going public this year," says
        Reuter  -  516 words
      • Article, Illustration
        Untitled
        1431 24 litkir-Hnttilnl index cakitUurd afaiml S'porr 's top 14 trading partners Base yew: 1955 US$/S$ forward rates Noon July 20 SS Bid offer I-month ***** ***** -month 1.5077 1.5091 J-moolh ***** 1.50*1 6-month 1.5023 1.5043 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9mi m My 20 Singapore dollars to oae
        1,431 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars easier on profit-taking
        1207 25 StMEX REPORT Reuter SINGAPORE Simex Eurodollars futures closed easier yesterday on profit-taking ahead of Federal Reserve chairman Alan Greenspan's testimony to Congress. A dealer with a Japanese bank said market operators decided to take profits after recent gains by Eurodollars. "Nobody was taking on new positions
        Reuter  -  1,207 words
      • Article
        Malaysian tin breaks M$14 mark
        641 25 COMMODITY REPORTS KLTin Tin broke through the MS 14 mark, closing up seven cents at MS 14.03 a kg, dealers said. The price had stayed below MS 14 since June 28 after plunging from MS 14.30 a kg a day earlier. "The market is firmer
        641 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Traders sell back M'sian palm olein
          64 25 SINGAPORE Some private-sector Indian traders seem to have sold back to shippers all volumes of Malaysian palm olein for Aug shipment to take advantage of rising prices, traders said. The volume probably was below 5,000 tonnes, and some Chinese traders have also carried out
          64 words
        • Article
          Aussies laud Nafta beef accord
          57 25 SYDNEY Australian producers have welcomed agreement by beef producers from the US, Canada and Mexico to press for the harmonisation of their beef import regimes. In a statement here, the Cattle Council of Australia described the agreement by beef representatives from the North American Free
          57 words
        • Article
          China's aluminium prices slipping
          87 25 HONGKONG Aluminium prices at China's Shenzhen Metal Exchange have declined about 700 yuan to 800 yuan in recent weeks, according to metals traders. "People have been hearing rumours of laree quantities of aluminium being purchased out of London Metal Exchange warehouses in Europe for delivery in
          87 words
        • Article
          China shifts to finer micron wool
          86 25 SYDNEY China is increasingly demanding finer micron wool to meet domestic and export demand, according to the Australian Wool Research and Promotion Organisation. AWRAP chairman Mac Drysdale said China, which is Australia's largest wool importer, was seen as a buyer of 23-25 micron wool,
          86 words
    • Article
      COMMODITY PRICES
      1409 25 Rubber Singapore Commodity Exchange (future d—log u at 5.30»m) MSI Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug~94 202.00 800 Sep 1*7.00 3200 Oct 189.00 185.50 189.50 300 3775 Nov 189.00 185.50 188 00 300 3775 Dee 189.00 185.50 186.25 350 3825 Jan/Mar
      1,409 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1004 26 1.2 Shares edged marginally, firmer yesterday as nervous investors waited for indications about the future direction of US interest rates, brokers said. Investors were bracing for the US Federal Reserve's chairman Alan Greenspan's speech to Congress later yesterday. Any hint of a future rise in rates was expected to
        1,004 words
      • Article
        Manila
        696 26 -5.54 Share prices finished lower after profit-taking in boue chips ended a four-day rally, brokers said. The Composite Index closed at 2,663.46 points, off 5.54 points the previous day. Heavy foreign buying in SM Prime Holdings Inc broke the fall at mid-session. The retailbased firm jumped 1.69 per cent
        696 words
      • Article
        Taipei
        538 26 •52.09 Share prices closed lower on late, heavy profit-taking amid investor caution ahead oT a central bank board meeting on Thursday, brokers said. The index ended down 52.09 points, or 0.80 per cent, at 6,474.30, off a 6,590.67 high. Turnover fell to T$ 105.95 billion from Tuesday's TS 119.02
        538 words
      • Article
        Seoul
        404 26 -2.38 A lack of institutional activity took its toll on the market, dragging stocks to a lower close for the sixth straight session in thin trade, dealers said. The Composite Index lost 2.38 points to 936.67. Losers almost balanced gainers by 380 to 378, 154 going limit-up. 'The market
        404 words
      • Article
        New Zealand
        283 26 +27.23 Shares defied slight falls on Wall Street and in Australia to end sharply higher. Brokers said today's high turnover indicated active investment from overseas. The NZSE-40 Capital Index ended 27.23 points stronger on turnover worth NZ575.5 million. "I was surprised by the given the Australian market was
        283 words
      • Article
        Bombay
        91 26 +7.35 Share prices ended nearly unchanged in dull trade as volumes fell sharply on the last day of account in cash shares, brokers said. Prices moved either way towards end of the session causing fluctuations in the Bombay Stock Exchange (BSE) 30-share index. Soon after the market closed, the
        91 words
    • WORLD STOCK MARKETS
      • Article
        London
        668 26 -14.1 Equities finished broadly lower with the market unsettled by comments from US Federal Reserve chief Alan Greenspan who said US interest rates may have to be raised to curb inflation. 1 "After Greenspan's comments bonds and equities started to fall out of bed. We took our cue from
        668 words
      • Article
        Paris
        162 26 •23.08 Shares fell further in the afternoon after comments made by Fed chairman Alan Greenspan, dealers said. Mr Greenspan said it was an open question whether the Fed had done enough to head off inflation and said the dollar's recent weakness was likely to push up inflation if it
        162 words
      • Article
        Frankfurt
        175 26 +9.86 Stocks could build on two days of gains in the countdown to today's Bundesbank meeting, some traders say, but others believe volumes are too low for the rally to go on. Dealers said the mood was buoyed yesterday after the Dax managed to stay above the important 200day
        175 words
      • Article
        Stockholm
        138 26 +0.72pc Shares closed higher for the tenth day in row on lower debt rates yesterday. The bourse recovered from a slight initial rebound. The volatile debt market has been ignored by the bourse lately, but today banks and insurers were supported by the lower debt rates, broker said. The
        138 words
      • Article
        Brussels
        148 26 +3.67 Shares closed ofT the day's highs, following weakness on other exchanges, after Federal Reserve cnief Alan Greenspan left open the possibility of a US rate rise to curb inflation. But dealers said they thought the market's underlying tone remained positive. The Bel-20 Index closed up 3.67 points to
        148 words
      • Article
        Milan
        164 26 +179 Stocks rose for the second day, surging to their highest close since June 14, on renewed confidence after a political crisis was averted. Milan's Mibtel Index of leading shares climbed 179 points, or 1.59 per cent, to 11,439, just nine points below the day's high, as economic cheer
        164 words
      • Article
        Amsterdam
        232 26 -1.32 Stocks fell for the first time since July 12 as remarks by Federal Reserve chairman Alan Greenspan weakened the dollar, threatening earnings at Dutch companies with US sales. The Amsterdam EOE Index of 25 leading stocks closed 1.32 points lower at 397.8, after breaking through 400 for the
        232 words
      • Article
        Zurich
        284 26 +23.19 Switzerland's index of leading stocks rose 1.6 per cent, building on previous day's one per cent advance, as a stronger dollar helped Nestle SA add 3.2 per cent and rate cut hopes buoyed banks. The Swiss Market Index closed 40.7 points higher at 2562.3, with 22 stocks advancing
        284 words
      • Article
        Johannesburg
        281 26 +31 Shares finished mixed in slow trade yesterday as a firmer bullion price supported, dealers said, but industrials drifted awaiting direction from Wall Street. Traders said investors were cautious ahead of US Federal Reserve chairman Alan Greenspan's testimony. The Overall Index was up 31 points at 5,579, Industrial Index
        281 words
      • Article
        Toronto
        282 26 +0.31 Stocks woke up from a sleepy open yesterday and dropped along with New York after comments by Federal Reserve Chairman Alan Greenspan brought the spectre of inflation back from a temporary grave. The TSE 300 Composite Index lost 15.47 points to 4184.67 in trade of 17.29 million shares
        282 words
      • Article
        New York
        710 26 -7.12 Stock prices weakened yesterday morning as the market focused on the influences of corporate earnings reports and hints of higher interest rates from the nation's top banker. The Dow Jones average of 30 industrials was off 12.95 points to 3,735.36 as of 1 lam EDT. Volume on
        710 words
      • Article
        Untitled
        616 26 Britannia Funds Sterling Cash BU Ofcr Mm Cm DOOM *****0 3I.6300 MimJeneyG* A1193 0.IW Mini Max Income «ft9300 *0%00 USI Cash Income Pha Fund 10 0700 10.6100 PS Rocrvc Fund 3.2WO 5 2900 .0.4)92 0 49M Fir Eaa Fund *2.7*30 *2*7JO Man Portfolio 1.9*10 2.1420 UK Growth Fund ***** 3
        616 words
    • Article, Illustration
      Lock icon HONGKONG
      2823 27 Reuter HONGKONG Stocks closed modestly higher as profit-taking pulled the market back below the 9,200-point benchmark level on the Hang Seng index, brokers said. The blue chip indicator rose 43.81 points, or 0.48 per cent, to finish the day at 9,188.82, having hit a high of 9,322.72. Laggards like
      Reuter; Source: Bridge Info  -  2,823 words
    • Article, Illustration
      Lock icon CHINA
      494 27 CLSA THE Shanghai "B" Index rose 0.5 per cent on extremely thin turnover of US$l.2 million. Only Diesel Engine, Tyre rubber and the two Pudong property counters saw trading over US$O.l5 million. Dazhong is the star of the day, surging more than 8 per cent. The biggest loser was
      CLSA  -  494 words
    • Article, Illustration
      Lock icon TOKYO
      2513 27 Reuter TOKYO Stocks closed little changed after quiet trade. Buying after the dollar's rise to 99 yen temporarily boosted share prices in the morning. But the buying was short-lived and the Nikkei average stayed around 20,750 in the afternoon, brokers said. "Worries over foreign exchange rates are not over
      Reuter; Source: Bridge Info  -  2,513 words
    • Article, Illustration
      Lock icon BANGKOK
      1669 27 Reuter BANGKOK Stocks rose in active trade, mainly on expectations of healthy first-half results but also on optimism over dollar stability and the possible extension of trading hours starting in November, brokers said. The SET Index closed up 14.65 points at 1,363.59. Volume was active at 13.8 billion baht.
      Reuter; Source: Bridge Info  -  1,669 words
    • Article, Illustration
      Lock icon JAKARTA
      1123 27 Reuter JAKARTA Share prices closed mixed in moderate trading on selective local buying as foreign investors were mainly sidelined, brokers said. The Official Index ended 1.90 points higher to close at 462.54. "Market activity on the whole has been steady but what we need is something to get foreign
      Reuter; Source: Bridge Info  -  1,123 words
    • Article
      CLOB INTERNATIONAL
      2245 28 Prorort 9.027.000 Mull i-Purpose 2.989.000 Wm Hyd 50c 1.818.000 Mulpiia Intl 50c 1.7)0.000 Lien Hoc TSR97 1.306,000 Kcmayan 50c 1,272.000 CASH 50c 1,139,000 Fabcr Group 1,030,000 kamunting 50c 976.000 Landmarks Bhd 966.000 M Resources 933.000 Kcnong Bhd 50c 923,000 FACB 50c 629.000 Promt! 15.036.380 Muki-Purpose 6.830.530 CASH 50c
      2,245 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rebound on bargain-hunting
        5721 28 Bernama KUALA LUMPUR Share prices rebounded strongly to finish above the 1,000 psychological mark yesterday, spurred by bargain-hunting for selective blue chips. Loan stocks and some retail stocks attracted strong buying support to chalk hefty gains. The Composite Index recovered from an intra-day low of 997.35
        Bernama; Source: Bridge Info  -  5,721 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7558 29 Cr Cr M Wl 19*4 Last Vol Day Last Quote Dl» Di. VM N*l f A.« High Ln (—9*1 Sale fOOO) H%h Lm layer Seller C»r P/E fcail Price INDUSTRIAL AND COMMERCIAL 1440 83$ *li Acnia 980 -S 38 980 980 985 990 I7.J 2.1 18 IJ.7 675.5 979 800
        7,558 words
      • Article, Illustration
        Lock icon Market rebounds on buying by European fluids
        1866 30  -  By R Sivanithy SINGAPORE Share prices here staged a relatively strong mid-week rally yesterday that pleasantly surprised brokers and left them positive about trading today. Most of the Straits Times Industrials Index's 26.45-point gain to 2,231.37 came in the second half of trading
        Charts by Bridge Info; Source: Bloomberg  -  1,866 words
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      220 19 NEWS VALUE How today's ne*s might affect your stocks Double-digit growth expected in Asia-Pacific (pg I) Generally in line with expectations. Thai shoppers head for Great S'pore Sale (pg 1) impact on retail and hotel stocks likely to be inconsequential. Berjaya executive Quits over SoloMon Islands bribe claim (pg I)
      220 words
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      222 words
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      877 22 I COMMERCIALEITALIANA I (INCORPORATED IN ITALY WITH LIMITED LIABILITY ESTABLISHED 1894) HEAD OFFICE: PIAZZA DELLA SCALA 6, MILANO, ITALY CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31,1993 ASSETS (US$ millions) LIABILITIES AND SHAREHOLDERS'EQUITY (US$ millions) Cash, demand deposits with Central Liabilities Banks and post offices 229 Due to banks 28,929 Trading
      877 words
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      Page 23 Advertisements Column 1
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      192 words
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      Page 25 Advertisements Column 1
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      Page 25 Advertisements Column 2
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      101 words
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      422 30 IN THE MATTE* OT THE COMPANIES ACT. CHAPTER 5# AND IN THE MATTE* Of WORLD PRECISION (SINGAPORE) PTE. LTD. (IN MEMRERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Ike members of the cony) held at No. S Laae 464 Sec 6 Yeapiag N Road. Taipei Taiwan on 2 lit
      422 words
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      Page 30 Advertisements Column 3
      268 30 NOTICE NOTICE IS HEREBY GIVEN that, I SUBRAMANIAM s/o KALIANNA GOUNDER of Block 403, Pandan Gardens, #06-23 Singapore 2260, have applied for a 2nd Class, Beer House Licence in respect of premises at M/s Devi Banana Leaf Restaurant at No. 10 Ceylon Road Singapore 1542 and that this application will
      268 words
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      Page 30 Advertisements Column 4
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      98 words
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  • SHIPPING TIMES
    • Article, Illustration
      Call to form task force to tackle phantom ships
      465 31  -  Phantom Ships and Piracy Meeting Reports from Rahita Elias in KUALA LUMPUR PHANTOM ships sailing in East Asian waters are spiriting away some US$2OO million (SS3O2 million) worth of goods each year, said Eric Allen, executive director of ICC-International Maritime Bureau.
      465 words
    • Article
      Only 42 pirate attacks in first half
      435 31 PIRACY on the high seas appears to be on the decline. Only 42 attacks were reported in the first half of this year, compared with 75 in the same period last year. For the whole of 1993, there were a total of 103
      435 words
    • Article
      Lock icon Taiwan, rejected by US, may look elsewhere for submarines
      178 31 AFP TAIPEI Taiwan may be forced to buy submarines from other countries, including France, Sweden and Russia, if the US continues to reject purchase requests, the Central News Agency (CNA) said on Tuesday. Taiwan spent 12 years persuading the US to
      AFP  -  178 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      817 31 Page Col Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 •Appcnship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine '6 1 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 Bank Line, The 9 5 Batamindo 7 3
      817 words
    • Article
      Lock icon OECD accord pro-US: French shipbuilders
      179 31 Bloomberg Business News PARIS Alain Grill, chief of the French shipbuilders' association, criticised an international accord aimed at suppressing state subsidies to shipbuilders as too favourable to the US. France opposes the accord, reached at the weekend under the auspices of the Organisation for Economic
      Bloomberg Business News  -  179 words
    • Article
      Lock icon Piecemeal sale of Swan Hunter likely: receivers
      414 31 Reuter LONDON Britain's Swan Hunter shipyard is likely to be sold piece-by-piece after losing a vital government defence contract, receivers Price Waterhouse said on Tuesday. Swan's survival depended on winning refit work on the assault ship Sir BeJivere. which in turn would have
      Reuter  -  414 words
    • Article
      Lock icon Batangas to start port development project
      149 31 AFP BATANGAS, Philippines The government will begin the initial phase of a Japanesefunded, I.S billion peso (5584.7 million) port development project after the relocation of 1,480 squatter families, an official said on Tuesday. Aristedes Alcayde, Batangas manager for the state-run Philippine Ports Authority, said
      AFP  -  149 words
    • Article, Illustration
      Kvaerner unit launches waterjet ship engine
      116 31 SINGAPORE Norwegian company Kvaerner Energy's first commercial waterjet ship engine has entered service with the 40-metre catamaran Vargoy. The water jets not used commercially before give the 230-passenger vessel a service speed of 33.9 knots. The Vargoy is now operating between the world's most
      116 words
    • Article
      Lock icon Odessa reverts to trading
      955 32 The Ukrainian port can do again what it always did best FT Even 70 years of communism failed to tame Odessa, established by Catherine the Great in the 18th century as the Russian Empire's most bustling warm water port. Soviet rule pushed some of Odessa's sharp
      FT  -  955 words
    • Article
      THE SHIPPING GUIDE
      16265 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      16,265 words
    • Article
      SHIPPING AGENTS
      3297 45 A •*I.BC Containerline NV: Belsin Shpg -Agencies Pie Ltd (SVMarinc Handling Bhd (PK/PN). *4orard Group: Accord Shpg Pic Ltd H&ccord Contr Line (PK/PN). Mil Business Corporation Philippine: Talsourcc Shpg Trdg Pte Ltd (S) 'Ahrenkiel Uner Service: Kim Shpg A .Trdg (S). tltatros Sea-Air Service: Frata Shpg Pte td
      3,297 words
    • Article
      COURIER SERVICES
      277 45 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel. 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies St Services
      277 words
    • Article
      AIR FORWARDERS
      1499 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aeroliak Freight International Tel: 545-8033. Fax: *****05. Aempeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,499 words
    • Article
      PORT CONDITIONS
      2702 46 ALBANIA Durres: Three vessels in port discharging of which 1 pipes, 1 bagged cement, I tobacco bales, no vessels waiting in roads. ANGOLA Luanda: Port quiet, no berthing delays, shortage of water continues in the city, however, the electricity supply situation has now stabilised. Lobito, Namibe: Port and
      2,702 words
    • Article
      CRUISE & FERRY SCHEDULES
      451 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Pep Nam? of Vessel E I A LID Ports of Calls Porl Agent Telephone No JULY 22 22 Renaissance 2 IKK) 2030 Cruise to Nowhere Lines Intl Holdings 224-2763 22 22 Langkapuri Star 1500 2030 Cruise to Nowhere Jardine Shipping 224-1052 Aquarius Agencies 23
      451 words
    • Article
      SHIP SALES & TANKER RATES
      722 46 SHIP SALES TANKER RATES PURCHASING interest continues to focus on the drycargo market and this week a number of significant deals have been concluded. MOC of New York continue their disposal programme of the older units and have now disposed of their 1980 built panamax bulkcarrier Chrismir to London Greek
      722 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        593 47 <H»il Voy Wo Berth Arrival Departure Vessel Voy No B«rth Vmral Departure Jurong Port Thipnavin 1 07/94 P01A alongside 20 07/2300 Auto Seraya AS/17/94 J2 alongstoe 2107/2000 6 Donam 408N P06 alongside 21 07/0600 Batam Bahagia 07/05/94 J1 alongside 2107/2300 As Splendor 402 P05 20.07/2300 22.07/0600 Batam
        593 words
      • Article
        CONTAINER SCHEDULES
        1241 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCl CONTAINERS AND LCI CARGO Record Bookm(/Baiance Rslts Ship Voy No Etb/Btr Period From To From Acx Jade 1956 22/1100 2A 20/1700 21/0659 21/0900 26 20/1700 21/0659 21/0900 4 21/1200 21/1459 21/1700 Act Rose 0556 22/2000 1A
        1,241 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        598 47 My 14 Draty Water Residue Mi MumMun iKkneti Dens*y Water Residue Mi MunMan SeAnent M M Exxon Enon KG/HT3 V/V M/M M/M PPM method KC/IT3 V/V I M/M M/M PPM method Eastern USA 180 Ave 983 0.4 117 0.09 11 0 02 BO/Onac limits Spec E25
        598 words
      • Article
        COCKETT BUNKER MARKET REPORT
        845 47 *THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        845 words
    • Article, Illustration
      Lock icon Joint partners, rival neighbours
      986 48  -  Francine Brevetti reports on the joint venture between Vietnam's Bason Shipyard and Singapore's Keppel Corp Francine Brevetti Seatrade Review lETNAM, hungry for infrastructure J and the money to J buy it, is waiting for funds to modernise and upgrade its shipping Industry. Bason Shipyard, the fcrgest
      Seatrade Review  -  986 words
    • Article
      Daily Freights
      1516 48 T}lE Baltic Freight Index for spot dry cyrgo shipping rates rose to 1,422 on Tuesday from 1.416 on July 18. There was confusion on the major ICS Gulf to Japan grain route with business said to have been covered. bj|t confirmation of rates was difTicult to confirm, brokers
      1,516 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Passenger, cargo traffic up at Changi Airport in May
        332 50  -  By Rahita Elias SINGAPORE Changi Airport was busier than ever in May. According to the latest figures recently released by the Civil Aviation Authority of Singapore (CAAS), 1.65 million passengers passed through the airport in May up 7.3 per cent over
        332 words
      • Article
        Lock icon Honda plans US$310m expansion
        445 50 North American push will add to manufacturing capacity FT NEW YORK Honda, Japan's third largest car-maker, is to spend US$3lO million (Ss47l million) expanding car and engine manufacturing capacity and strengthening its research and development and sales facilities in North America. The move is the first
        FT  -  445 words
      • Article
        Lock icon Illinois Central to take over Kansas City Southern
        410 50 FT NEW YORK— Illinois Central, one of the 12 biggest freight railways in the US, is to take over Kansas City -Southern in a deal worth "US$l.63 billion (552.5 billion). The all-share offer, announced on Tuesday, is worth US$7O2 million and Illinois
        FT  -  410 words
      • Article
        Lock icon Airbus to brief Thai, MAS on crash of A330 jet
        474 50 Bloomberg Business News PARIS Thai Airways International said it has invited Airbus Industrie to brief the airline on the A 330-300 plane following a June 30 crash in a test flight in Toulouse. The airline also said that it has
        Bloomberg Business News  -  474 words
      • Article
        Lock icon S Korean, S African firms win Taiwan train deal
        205 50 AP TAIPEI Companies from South Africa and South Korea have won a NT$B.49-billion (*****.38 million) contract to supply 400 passenger train coaches for Taiwan's rail sys-. tem, the Taiwan Railway Administration announced on Tuesday. The joint contract to South Korea's Hyundai
        AP  -  205 words
      • LOG BOOK
        • Article
          Lock icon ANA to start Osaka-S'pore route
          69 50 AFP TOKYO Japan's All Nippon Airways Co Ltd (ANA) will start a daily service to Singapore from Kansai International Airport near Osaka in September, the Transport Ministry said on Tuesday. The country's second-largest airline plans daily round-trip flights on the new route using Boeing 767-300
          AFP  -  69 words
        • Article
          Lock icon BA complains over Orly conditions
          93 50 AFP BRUSSELS British Airways complained to the European Commission on Tuesday over conditions imposed by French authorities on foreign airlines wanting to use the Orly airport south of Paris. Britain's leading airline said Paris had not fully complied with a Commission ruling in June forcing
          AFP  -  93 words
        • Article
          Lock icon Isuzu recalls 154,540 RVs for repairs
          94 50 Reuter TOKYO r Isuzu Motors Ltd said it is recalling a total of 154,540 recreational vehicles (RVs) in Japan and overseas to correct sealing plugs at cylinder heads. The company will replace the part in 8,186 Big Homs sold in Japan free of charge.
          Reuter  -  94 words
        • Article
          Lock icon MMC to make two-door car for Chrysler
          99 50 Reuter TOKYO Mitsubishi Motors Corp will manufacture two-door cars at its plant in Illinois for Chrysler Corp to sell under its brand name, Kyodo news agency reported. It quoted Mitsubishi officials as saying production would start this fall at Diamond Star Motors, a
          Reuter  -  99 words
        • Article
          Lock icon UK sees 12,000 new airliners by 2014
          55 50 Reuter LONDON Britain's Trade and Industry Department said it estimated around 12,000 new commercial jet airliners and about 4,000 commercial turbo-prop airliners will be required over the next 20 years. It said it estimated these sales would be worth more than £450 billion
          Reuter  -  55 words
      • Article
        Lock icon UAL acts to appease flight attendants
        218 50 AP CHICAGO United Airlines' new management has taken two steps to reduce friction with flight attendants in hopes of persuading them to join the employee ownership of the carrier's parent company, UAL Corp. United said on Monday it has "suspended until further notice" a
        AP  -  218 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1612 50 gg nm n* nm n»_ a& nm n* nm n». Mm DfcaM Gf 146 1120 GF147 1850 tow SRI S3 2105 GA985 1130 6—fztou SQ803 2045 SQ804 1145 1U| I I M VN741 1310 VN740 1410 Mrtalii QF81 1925 QFK 2055 '®i° M 4 1430 SO228
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      8 31 DIRECT CALL TO THURSDAY 8C SUNDAY HOTLINE *****37
      8 words
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      Page 31 Advertisements Column 2
      25 31 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      25 words
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      Page 31 Advertisements Column 3
      43 31 the FAMOUS Apn^o I eaamuk/ \MKWUBJm teEam »1833 For more information please refer to Pg. 13 Odessa reverts to trading, Pg 2 Keppel Corp's joint venture in Vietnam, Page 18 PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times MIMW
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      Page 32 Advertisements Column 1
      1884 32 mpsii i import.... —1— I OTHtB MBTM*TIOHB I I "WTH >W«£Aj 5S CMC nt incogw rf« momtomeo rpk mkmq santos wo* paumr pmrmrbm wsstl w* no cos ansus w iw »«cow« sutue stone USUI 1 38 27-21.7 111 15.1 171 1M 111 111 171 171 211 ECKERT OLDEKXWF *07 II
      1,884 words
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      Page 33 Advertisements Column 1
      1609 33 i'• H OOCL PTE LTD JARDINE BHIPPINQ AQENCIE3 JABOINC SHIPPIWQ AOENCIEB BOH. WO. i 200 CANTONMENT ROAD, #12-05 SOUTH POINT. SINGAPORE 0208 PETALINQ JAYA TEL: 03-75«7776 FAX: 03-*****42 CFS: 03-*****42 CR NUMBER **********0 C PENANQ TEL: *****4 FAX: *****1 DOCUMENTATION TEL: *****55 (INWARD>/*****90 (OUTWARD) I|[[ FAX: *****14 (OPNSI 1"1 KEPPEL
      1,609 words
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      Page 33 Advertisements Column 2
      1741 33 Mumsnma CALLING YANTIAN IN 4 DAYS ARTHUR MAERSK V.9412 ETA SIN 27TH JULY 94 MAERSK HAMBURG V.9409 ETA SIN 30TH JULY 94 Vmml Voy ETA ETD FttOmd by 1 destinations TIM <Mt METTE maersk v 9406 25/07 0000 HRS Cf S 25/07 2350 MRS JOM LPK PEN OAK LOe SFO
      1,741 words
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      1496 34 AOABA FT DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) S'TON HBURG A WERP HAVRE WEBT MALAYSIA LUOWIGSHAFEN EXPRESS 14/328 23/7 1/8 8/8 10/8 13/8 15/8 17/8 Port Ketang. Penang FRANKFURT EXPRESS 74/129 27/7 13/8 16/8 14/8 P»#i' Godang LEVERKUSEN EXPRESS 19/329 30/7 6/8 15/8 '7/8
      1,496 words
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      Page 34 Advertisements Column 2
      595 34 AFGHANISTAN M&M Afghanistan Ltd., Hairatan, Torghundi, Isiamqala (Doqharun) C.1.5./RUSSIA: Vootochny, VMvoitek, Moscow, Baku, Toohkont, Irkutsk, Alma Ata, Aohgabad, Duahanba, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE 1 FULL COMTAINBH*frICI TO P :t NORTH/WEST AFRICA VESSEL SIN DKR Ned Asia V.2244 26/7 23/8 Ned Oceania
      595 words
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      Page 34 Advertisements Column 3
      1249 34 I NOR ASIA ARABIAN SEA 428* 21/07 12/00 13/00 14/00 15/00 IS/M 17/00 19/00 VOLE 0 AQOH.A AO4W 20/07 23/00 17/00 SEA IMCEDONA 429* 27/07 19/00 20/00 21/00 22/00 23/00 24/00 20/00 VELE D HYDRA MO4W 02/00 30/00 24/00 NORASM AL ORJNTAZAH 9430-3 03/00 20/00 27/00 29/00 30/00 31/00 01/09
      1,249 words
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      1278 35 o aiuivo) tuuiouwj vuij w* H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 jafeg new guinea pacific line ■■■■■■■■■■■HIIIHMHmMImIIMB S&SSyV <A BERV,CE 0F CH,NA NAVIGATION CO) CMGO out SAAS &JMr STRAITS PROE ¥141 Muva lab 26 27 ki 28 M
      1,278 words
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      Page 35 Advertisements Column 2
      3035 35 m SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd 1 tmm W am. PB 1 B 1 BCT 1 10 Hoe Chiang Road #07-01 Keppef Towers, Singapore 0208 w Te4 225 2233 Te|ex RS ***** pnocSP Fax: 225 5327/222 7517 k CR Number: **********0Z IMPORT VESSEL VOY •mm "PKO MM
      3,035 words
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      671 36 ;|r I r GENERAL AGENT C R NO: *****81-***** EKA JAYA AGENCIES VliT TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE LMQ OH MXH CITY PAfIM IhAHPftW/PWiCT I HKHMY MO€ »IWM4 |mW/H4IM4 I KLYWCHAH -jam HMm/?X22tJ SU TIWWI |MH7a I I WLMAMWH IIMIII iTfiriMMT 1 TO VIETNAM/HCMC CONTAINER-WEDtH
      671 words
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      Page 36 Advertisements Column 2
      1698 36 0 HANJIN SHIPPING I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 rat vsi r»ni* haul st* ra mi rat«. sm luk haul sa» u ktc HAMM HONGKONG MS 22/7 OMECT 11/1 12/8 13/1 H»IUN HONGKONG 04* 22/7 H. KOBE 051E 25/8 K/» 21/1 HANJM SEATTLE
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      Page 36 Advertisements Column 3
      1400 36 J _j .TJTT^grm m ik m nc w wt on ngv smi nro lai oe bal ntcuw mm km tw hk no cm fti scp I E GMUT HE 047 H/7 27/7 1/1 l/l VI t/l »/l 10 1 U/l 12/1 11/ l 24/1 4/9 1/1 9/9 19/9 21/9 22/»
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      1936 37 H NEPTUNE ALEXANDRITE 12W ETA sgp 23/07/94 II II 6S 11 ETA RDM 08/08/94 FLX 09/08/94 II I n BRE 11/08/94, LEH 13/08/94 HI VOT 1 l&E LOS OAK 1 VAN SET* I <TL I' <, <11 (IB DiL PET HOI UPH SOU I %>A PI P TOR W//S KASL'GA
      1,936 words
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      Page 37 Advertisements Column 2
      1066 37 A I MULTILINE SHIPPING PTE LTD ■V (a member of SVtSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARO *****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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      898 38 K44M ff AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CR NO: **********0M/GST KG NO: M2-MI73M-C) M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 *1* MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BNO U TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANA LAIITINTERNUSA, TEL: JKT
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      Page 38 Advertisements Column 2
      216 38 Continental Pacific Shipping J TIMBER PLYWOOD SERVICE TO U.K./CONTMENT KKU STORE PK LOAOMG FOR WORLD ARGUS SLD SLD SID FIU/ROT/MIT/UK/ BELFAST FLAG TOM SLD MPT FLU/ROT/ANT/UK MARIA K 25/7 21/7 31/7 FLU/ROT/ANT/UK Loads Sjbjti/bMtowaa C R NO. **********0H CONTIPAC SHIPPING PTE LTD T«fc *****32 Fax: *****49 PJC. MULUPORT SDN BHD.
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      Page 38 Advertisements Column 3
      250 38 FOONG SUM V SHIPPING (PTE) LTD. WHOLESALE CENTRE. BLOCK 1, #03-10 SMGAPORE 0511 BOOKMO/ENOuiracs CR no iowmoooow TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FBBHIP gaft voy eja no BfflHß NANUARU 11/94 2/0 4/1 PUUU/PALEMBANG SMMR 6/94 20/7 21/7 PONTIANAR/SWTETE SUN JAYA 10/94 21/7 30/7 BANTEN/BENGRULU SUN IAYA 10/94
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      Page 38 Advertisements Column 4
      677 38 ®APPENSHIP i HAMBURG CONVENTIONAL A INDEPENDENT LINER SERVICE V—V EUROPE TO SOUTH EAST ASIA AND FAR EAST KSSEIS 10MXNG P«TS WSCHAKtt/LOAONG FOR ANANGEL PEACE RTM 06/07 SPORE 02/08 C SEAKITTIE HAM 01/07 SPORE 19/08 ELENA V ANTW 05/07 SPORE 06/08 S P i m P w > /lift ,SLAMIC REPUBLIC
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      Page 38 Advertisements Column 5
      416 38 GOLDEN LINENS GUAM GUAM SHPPM6 I W!SJ<\ (PTE) LTD I 23, M* tar tent SMGMKIIM TU: U43MI (II 1MB) Fa: U43M4 (CI M III2KMWM) TiAiw/mmiigwuMma Spore P Kei«n| Pfranf 0 eOUXM HMTKST KwKh/DubM/Kvwsit 25/» Mr *****1STM Mrach/Ouba/Kumrt 29/31 My cwihasmtice > fl€* OK ShMfkJi/XiaMMi 30 My TU FENG Shanjh* Qmjdjc
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      951 39 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I ml IV fIHI CR NO **********0E I VESSEL VOY SIN CMS JIB JED AOJ AOE HOD PZU ASA KOTA BERLIAN BRLOI9 28/7 2/8 10/ i 13/ a 15/8 12/8 14/8 KOTA BERKAT BKTOI3 7/8 12/8 18/8
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      Page 39 Advertisements Column 2
      983 39 VESSELS VOT SM It HAWtt HAMBURG I NAMES ROUE ROAM ANTWERP «LLE D AQ»A AO4W ?t/07 17/Q« »9/0« 20/08 21/0« 23/01 VILE D HYDRA HO4W 02/0« 24/0» 2t/0« 27/ M 2«/ M 30/04 Will Dt LYRA YO4W 09/0« 31/0* 02/09 03/09 04/09 06/09 Vl.lt OE VIGA GO4N 07/09 09 09
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      Page 39 Advertisements Column 3
      570 39 i BSA jk. MYANMA UiUA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) i Spore P.KIc Pen P.Gdf PAGAN V2IIW M PI AVA VI29W 03/04 Aug 27/02 Auf HPA AN V2O4W 30/31 M PATHEN VI3OW 08/09 Auf 30/07 Auf MALAYSIA AGENTS BOUSIEAO SHPPWG AGENCtt KUI TEL 03 *****00
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      1981 42 s east coastl fIH m flB S new york f I ALL WATKIt DIRICT I 23 DAKS I -COSTAR SHIPPING PTE LTD fGooortfl:226l9oo Sales/Booking: Agency Dept: < Shenton Way *17 08 F ?£i?f 6 Container: *****41/844 Container Src B/L *****02 Operation Container: *****15 ■OBS Bldg Tower 2 I** Conventional: *****50
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      Page 42 Advertisements Column 2
      934 42 /iriCROATIA line^\ I EX JUGOLINIJA) 1 ttSStl STORE f% PNG LOADING FOB LOSMi 24 AUG 27 AUG Alexandria. Beirut. Istanbul. Trieste. koper. lattakia. limassol. Mersin. P. Said. Riieka. Venice SI OVINIA 15 SIP 18 SEP do General Agents: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala Lumpur Port Kelant Penang SPORE
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      700 43 (i£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 24/7 ROTTERDAM 23/7 MRHUS/COPENHAGEN 24/7 HAMBURG/BREMEN 24/7 MARSEILLE/FRANCE 2477 FELIXSTOWE/UK 25/7 BARCELONA/SPAIN 2577 LEHAVRE/FRANCE 27/7 GENOA/ITALY 25/7 ANTWERP/BELGIUM 25/7 j LOS ANGELES/WC/IPI 24/7 SYDNEY/MELBOURNE 22/7 I NEW YORK/EC 24/7 FREMAWTLE/AOELAIOE 22/7 VANCOUVER
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      Page 43 Advertisements Column 2
      929 43 Ililggg&B^niniin^ I VEBBgL V Y T *I T I Ive»sel 1 VOY 1 SIN km M Bf I W»A BHUM 60S Fri 22T7_ Tut 28/7 SEROJA 4117 Fri 22/7 ~jt [23/7 H Vtlltl. VOY SIH BKK 8 BHATRA WUM MS Sat 23/7 Tin 21/7 KOTA SURIA SUROIS Sun 24/7 Tim
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      Page 43 Advertisements Column 3
      238 43 UTEL: *****33 (12 Linoo) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Linoo) CR NO.: **********0E 7CCEPT!S<?FCI^^ Vhml V*y Loading Par Abbey WonT 40WB 15/ OS Momoiu. Dpbouti Asaab Maaaawa Andlnet 36W8 20/09 Mombaaa. Djibouti Aaaab. Maaaawa Kl LLV CONTAINERISED RM.I l.\R IJNKR SERVICE ACCEPTING BOTH FCL/LCL ALSO 80/SOC Vtssd Hi
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      Page 43 Advertisements Column 4
      520 43 Guarant—d SmHM* to:mmmuum chabang/laos 23/7 <sad, 26/7 oue) POUT KELANG/PERAN6 25/7 (MOW), 21/7 (THMKS) HONG KON6 21/7 (TUE). 29/7 (FW) lAKAHTA 23/7 (SAT) MANLA/CEBU/SUK BAY 26/7 (TUE) HO CM MMH 29/7 (FW) SUNABATA 24/7 (SUN) BUSAH 24/7 (SUN) i pIPONCNAMA LINE *sain a« png k bsn TU.SDAS MOW 24/7 26/7
      520 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      1549 44 MAC-NILS SPORE: *****22 (24 LINEB) pSSNSTSTSIW SuSelsoK(e»»a»4«s7 KSStuM^'iiMw? P-KilAWOi (03) BMM77 JAKARTA: (gl) Moglg7 BUBABAYA: (31) ttlMO ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN i 21/7 22/7 23/7 HKG/BKK/KEE/KHH G«ooa/Barcolona/Marse«es 22/7 23/7 24/7 23/7 24/7 25/7 HKG/BKK/KEE/KHH G'burt/Chafen/S'hoJm/Oslo 24/7 25/7 26/7 25/7 26/7 27/7 HKG/BKK/KEE/KHH Plratus
      1,549 words
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      Page 44 Advertisements Column 2
      179 44 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD tin 111 Ell SPOtt rani KUANS PI NAM Btm uux smm Loading tor Mjfe RUVM HUDHU 31/7 Loading tor Dubai oafMH n/i mi Loading For Male nOMtt SUPttMI 30,7 Loading Foi Malt UMMEDH Sa*d Loading Foe Mal« PtOGKSS UKITT 10/8 Loading
      179 words
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      Page 44 Advertisements Column 3
      1148 44 rjr thong soon unes pte ltd i I 78 shenton way #io-oi, Singapore 0207 I I V/ V/ TEL: 227-5088 FAX: 227-6011 'A I TLX: RS ***** CARRO, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK SINGAPORE TOTHAB.AND VESSEL VOY S'POIE PEST VESSEL VOT SPORE lAWCKW EQUATOR ROYAL 110/4E
      1,148 words
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  • Page 46 Advertisements
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      471 48 MWMUWtim MciS¥TS4 PWlliPfHlfiFft Clttl cuNTAINeH SemVkx i w *f ""'lYr VESSEL VOYAGE jjjQjWg MANM.A PERVOMAYSK *****N 22/07 (FRI) 27/Q7 (WP» VWOW PACIFIC ****** 26/07 (TUE) 30/07 (SAT) ISSKKSS LANKA MAHAPOIA *****N 29/07 (FRI) 03/08 (WED) FWWT lUSDAT PERVOMAYSK *****N 02/08 (TUE) 06/08 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE
      471 words
  • Page 48 Miscellaneous
    • Miscellaneous
      Page 48 Miscellaneous Column 1
      700 48 4 I I j IMmI jil J TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 ft 2.0 1.5 1.0 0.6 0.5 0.4 0.6 1.0 1.5 2.0 2.2 2.3
      700 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      782 49 ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 I WW* PKE* PGP* VESSELS VOT IVH HTM ANT* L£H* HAM BREt Fit 20/07 22/07 23/07 H. KNOVMOR 310* 25/07 13/08 15/08 16/01 15/08 15/08 17/08 27/07 29/07 30/07 H. EXPLORER 312* 01/08 19/08 21/08 22/08 21/08 21/08 23/08
      782 words
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      Page 49 Advertisements Column 2
      459 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS KSSU »OY V KUC KK MM *T DAS* DUMIUS 2 23/7 27/7 SOWAI 21 3/1 1/1 CHMinoN nuoa w 7/» OKANtt MOON M 11/1 OUTBOUND VESSELS LOADING FPU HO CHI WNH t HAIPHOWC (PURE CAR CARRIER) SHANTAR Vlf
      459 words
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      Page 49 Advertisements Column 3
      989 49 VtSStl VOY SW HA/D LAX OAK "CH DAL MEM/CO. HOU NTC NOR MACKINAC BRPGE 7»A 2t/07 14/01 U/Qg 17/08 U/QI IS/01 H/M 18/01 20/01 ALLIGATOR TWUffH S*A 04/01 21/QI 23/08 24/08 25/01 25/01 2t/Q» »/0> 27/01 GEORGE NASWNGTON BRPGE MR 11/ M 28/08 30/08 31/08 01/09 01/09 02/09 02/09 03/09
      989 words
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