The Business Times, 26 July 1994

Microfilm: NL19568
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 BUSINESS TIMES WE KNOW iSI A MITA(P) 010/12/93 Tuesday July 26 1994 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon Dow up 0.64 point
      52 1 Reuter NEW YORK Wall Street stocks inched higher yesterday. At Ipm EDT, in the broader market, declines took a slight lead over advancing issues on NYSE volume of more than 125 million shares. At 2pm EDT, the Dow Jones industrial average was up 0.64 point at
      Reuter  -  52 words
    • Article
      Lock icon Sears to sell US$1b global debt
      47 1 Bloomberg Business News NEW YORK Sears, Roebuck Co yesterday said it was planning to sell as much as US$l billion (551.51 billion) of global debt backed by credit cards in coming weeks in the latest of several global bond sales. Bloomberg
      Bloomberg Business News  -  47 words
  • Article
    MARKET SUMMARY
    159 1 Stock market indices Monday Change ST1I 2,212.26 +13.04 KLSEComp 1,004.38 +3.92 Nikkei 20,297.66 -165.23 Hang Seng 9,174.62 +21.63 SET Index closed Jakarta Comp 455.12 -3.95 CLSA China B 988.07 -3.08 Aust All Ord 2,048.3 -4.2 FTSE 100 3,106.1 -8.6 Monday Previous 2pm close Dow Jones 3,735.68 3,735.04 Average
    159 words
  • Article, Illustration
    Lock icon Share trading at selected bank branches from Friday
    684 1  -  By Quak Hiang Whai and R Sivanithy SINGAPORE From Friday, even those investors without trading accounts with brokers can buy and sell shares through newly established sales centres at banks and broking firms. Initially, there will be 38 such outlets called Authorised
    Suource: SES  -  684 words
  • Article
    EDB clearance needed for use of 'Singapore' name in China projects
    254 1  -  By Teh Hooi Ling SINGAPORE Private companies and individuals should seek clearance from the Economic Development Board to use the "Singapore" name for industrial park projects in China. The Ministry of Trade and Industry says the Chinese Government has
    254 words
  • Article
    Lock icon US corporations again stepping up expansion abroad
    497 1 NYT NEW YORK American companies are once again rapidly expanding their operations abroad demonstrating that no matter what the incentives for keeping business in the United States, the urge to spread factories, offices, stores and jobs overseas is irresistible. The surge in these
    NYT  -  497 words
  • Article
    Prime Partners, BEA to take 49pc stake in Summit Sec
    486 1  -  By Catherine Ong SINGAPORE A joint venture between Prime Partners, a company set up by former directors of Morgan Grenfell Asia, and Hongkong's Bank of East Asia (BEA) has been given the green light to buy up to 49 per
    486 words
  • Article
    Stanchart shelves listing plans as HK starts probe into gold unit
    402 1  -  By Catherine Ong SINGAPORE Hongkong's anti-corruption agcncy has begun a probe into alleged bribery at Standard Chartered Bank's gold-trading subsidiary, Mocatta. The problems have led the bank to shelve plans to seek secondary listings in Singapore and the British
    402 words
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      104 1 ALP IN stf&m FRESH extra STRONG REFRESHING Sole Agent: Shriro (Singapore) Re. Ltd. COWtPif S>J?News 2 SporHrsa .l7.lB.l9 Regional News 3.4,6 Finawal 21.22 World News 8 Features Martnts Analysis 15 Oob/KLSt. SES 26-28 Editorial 14 tegionai 24 Sports 9 World 25 TV/litestyte 11 Currencies 22 Property 12,13 Simex/Commo ...22,23 SatacriptiM
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      35 1 Property: Pg 12 NZ investments bear fruit Has nature turned against economic reform in China? Analysis, Pg 15 URA sets aside land in Yio Chu Kang, Upper Thomson for private housing Property Construction, Pg 13
      35 words
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      15 1 Hock Lock Siew: Pg ij£Y Genting's still the bk The procedures: questions answers, Pg 18
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      8 1 FRESH BREATH IN A FLASH REFRESHING. v V
      8 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Growth in bank loans slowing down
        305 2  -  By Shiv Taneja BANK loans growth is slowing down, going by the latest data for the month of May from the Monetary Authority of Singapore. Total outstanding loans and advances including bill financing to non-bank customers lor May 1994 stood at $81.5 billion, representing
        Source: Monetary Authority of Singapore  -  305 words
    • Article
      Former church head loses appeal
      140 2 THE former head of a church group. Rick Seaward, lost his appeal yesterday against a conviction of conspiring to cheat Hong Leong Finance. Chief Justice Yong Pung How in the High Court also upheld the District Court's sentence of a day's jail and a $10,000
      140 words
    • Article
      Bankruptcy laws to be more liberal and sympathetic
      368 2  -  Yesterday in Parliamen Reports by Anna Teo and Chuang Peck Ming PEOPLE who become bankrupt through business failure or misfortune can expect an easier discharge under legislation tabled in Parliament yesterday. The objective of the Bankruptcy Bill described as a major piece
      368 words
    • Article, Illustration
      Take parents' bill before Select Committee: MPs
      484 2 Maintenance move nothing to do with filial piety. House told THE Maintenance of Parents Bill should go before a Select Committee for a full public debate, said the member behind the bill. Nominated MP Walter Woon, and MPs who support it. Assoc-Prof Woon
      484 words
    • Article
      S$ rise has not dulled export edge, says Dr Hu
      309 2 THE rise of the Singapore dollar against the United States currency in recent months has not hurt the country's competitive edge, Finance Minister Richard Hu said yesterday. He noted that the volume of non-oil domestic exports increased by over 20
      309 words
    • Article
      Ex-Bethsing employees to wait longer for outcome of 6-year suit
      299 2  -  By Ramesh Divyanathan FORTY-FIVE former employees of now defunct Bethlehem Singapore Shipyard (Bethsing) will have to wait a while longer for the outcome of a six-year law suit for higher retrenchment benefits. The Appeal Court last Thursday reserved its judgment
      299 words
    • Article
      Stage set for privatisation of SBC
      410 2 A BILL was finally introduced yesterday to pave the way for the privatisation of the Singapore Broadcasting Corporation. The Singapore Broadcasting Authority Bill, if passed, will allow the government to corporatisc SBC and transfer its assets and staff to successor companies. The Bill also
      410 words
    • Article
      Tough penalties for corruption in presidential election
      198 2 ANYONE found guilty of a corrupt or illegal practice in the course of a presidential election will be disqualified from being president or contesting parliamentary elections and will be barred from voting for a specified period. This provision is in a constitutional amendment
      198 words
    • IN BRIEF
      • Article
        HDB may sell industrial units
        49 2 THE Housing and Development Board, which puts its industrial shops and factories on rental only, is now looking at selling them to sitting tenants. The Jurong Town Corp, which sells complete blocks of flatted factories, is also considering selling individual units within multi-tenanted blocks.
        49 words
      • Article
        Acting against oil pollution
        66 2 JUDGMENT against a shipowner for oil pollution, given by a court in a country not party to the International Convention on Civil Liability for Oil and Damage (CLC69) damage, will be recognised and enforced by a court in Singapore up to the limit of liability prescribed
        66 words
      • Article
        Errant motorists, beware
        76 2 THE passing of the Road Traffic (Amendment) yesterday will prevent motorists with outstanding warrants of arrest against them from renewing their licences. The aim is to deal with motorists who blatantly ignore summonses and warrants issued against them for parking offences. Other Bills passed yesterday: The Judges'
        76 words
      • Article
        S'pore still safe place to visit
        64 2 SINGAPORE'S image was not hurt by the murder of a Japanese tourist in the Oriental Hotel last month. Trade and Industry Minister Yeo Cheow Tong said the Japanese still regarded Singapore as a safe place to visit. Last month's murder was an isolated incident
        64 words
    • Article
      TAS pledges to protect consumers' interest
      110 2 THE Telecommunication Authority of Singapore will finetune its regulatory framework for prices and quality of service for telecommunications and postal services. Director-general Lim Chuan Poh says in the latest issue of the TAS newsletter Vistas that while the authority aims to introduce competition, it
      110 words
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      126 2 §l he market WHISMr^ GREAT MINDS THINK ALIKE Hang HH a b/m am V ■■H Jf T i H 1 ■Sj&M i BiMB »Mm« 1 Iv i. I 1 (You can tell Ly their skirts) When it comes to excellence in tailoring, distinguished statesmen, royalty and just there is no
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon ARF ends on surprisingly upbeat note
      416 3  -  Asean Regional Forum From Yang Razali Kassim in BANGKOK THE first-ever post Cold War security dialogue in the AsiaPacific region ended on an upbeat note, with Asean and the major powers, along with eight other partners, agreeing to meet annually. Senior officials will meet
      AFP  -  416 words
    • Article
      Lock icon US denies using labour rights as protectionist tool
      264 3 AP BANGKOK The United States yesterday denied charges that it was demanding certain labour rights and standards in other countries to protect its own economy from foreign competition. "Nothing could be further from the truth," a senior US official said in response
      AP  -  264 words
    • Article
      Moves to link world powers to Asean through Treaty of Amity
      410 3  -  By Yang Razali Kassim BANGKOK Moves are afoot to link major world powers to Asean through the group's Treaty of Amity and Cooperation. Indonesian Foreign Minister Ali Alatas said. Foreign Ministers from 18 countries, including the four major powers
      410 words
    • Article
      Prospective EAEC members hold talks, agree to meet more often
      406 3  -  Yang Razali Kassim BANGKOK Prospective members of the proposed East Asia Economic Caucus, covering Asean, China, South Korea and Japan, held talks on the EAEC here for the first time yesterday and agreed to meet more often. During an informal
      406 words
    • NOTEBOOK
      • Article
        Lock icon Indon paper maker fined 900m rupiah
        80 4 AFP JAKARTA The government has fined Indonesia's leading paper and pulp producer around 900 million rupiah (*****,000) for accepting illegal logs, a news report said yesterday. The Kompas daily said forestry authorities in Riau province fined lndah Kiat Pulp and Paper'because it was found
        AFP  -  80 words
      • Article
        Lock icon Indonesia to ban Al-Arqam movement
        67 4 AP KUALA LUMPUR Indonesian authorities will ban Al-Arqam for security reasons because some of the religious movement's teachings are contrary to Islam, Indonesia's police chief said here yesterday. "Although Al-Arqam has not caused problems directly, a conflict of ideologies will eventually threaten stability and security,"
        AP  -  67 words
      • Article
        Lock icon Suharto orders rice farms safeguarded
        88 4 Reuter JAKARTA President Suharto yesterday ordered his ministers to prevent fertile rice farms from being developed for housing or industry so that self-sufficiency in the staple grain is.maintained. "There are signs that fertile rice farms are being used for housing and industry," Land Minister Soni
        Reuter  -  88 words
      • Article
        Lock icon Chakrapong can go to France: embassy
        62 4 Bernama KUALA LUMPUR Cambodia's Prince Norodom Chakrapong, who came to Malaysia on July 3 after an abortive coup in his country, is welcome to go to France anytime he likes, a spokesman for the French embassy here said yesterday. "However, there has been no
        Bernama  -  62 words
      • Article
        Lock icon Monsoon rains lash Luzon
        57 4 Reuter MANILA Landslides killed four people, mudflows buried 215 houses and floods swamped 120 villages when monsoon rains lashed the main Philippine island of Luzon, officials said yesterday. More than 4,000 people fled four-metre deep mudflows on Sunday night which engulfed several villages in Pampanga province
        Reuter  -  57 words
    • Article
      Lock icon KL clarifies role of new govt investment company
      191 4 Bernama KUALA LUMPUR The setting up of Khazanah Holdings Berhad, the main government investment company, is not aimed at competing with any private company or at becoming the biggest investor in Malaysia or overseas. Khazanah Holdings would only invest in areas strategic
      Bernama  -  191 words
    • Article, Illustration
      Democracy and economic success compatible: Ramos
      408 4  -  From Al Labita in MANILA PRESIDENT Fidel Ramos said yesterday that he did not believe only "less-than-demo-cratic-societies" can attain economic success. In his 51-minute state-of-the-nation address, he said the Philippines had chalked up significant economic gains under a democratic government. "We have proved that
      408 words
    • Article
      Lock icon M'sian prince faces punishment for Israel trip
      235 4 Reuter KUALA LUMPUR The brother of Malaysia's King will be punished for visiting Israel in violation of Malaysian law. The New Straits Times yesterday reported that Tunku Abdullah Tuanku Abdul Rahman, chairman of Melewar Corp Bhd and of Prime Minister Nfahathir Mohamad, had
      Reuter  -  235 words
    • Article
      Lock icon Vietnam's southern electricity grid to get US$400m boost
      293 4 AFP HANOI Vietnam is planning to spend up to US$4OO million (SS6O4 million) upgrading its electricity grid in the south of the country where frequent power cuts have been hindering economic growth. Minister of Energy Thai Phung Ne yesterday said the project
      AFP  -  293 words
    • Article
      Lock icon Jakarta approves record US$14b in investments
      309 4 Reuter JAKARTA Foreign investment approvals by Indonesia jumped in the first seven months to a record high despite a spate of unrest in the country and increased competition for funds from China and Vietnam, bankers said here yesterday. Indonesia approved a record US$l4.l billion
      Reuter  -  309 words
    • Article, Illustration
      Lock icon Spirit of 46 to fight Umno assets transfer
      444 4 The Straits Times KUALA LUMPUR The opposition Spirit of 46 will challenge the Official Assignee's move to transfer the assets of the old United Malays National Organisation (Umno) to the new party reconstituted by Prime Minister Mahathir Mohamad. Its information chief Ahmad
      The Straits Times  -  444 words
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      34 words
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      167 words
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      424 5 The Regional India Fund. Your first step into a country that has just made the biggest economic reforms in its history. In 1991, the government of India passed legislation which once and for all India Fund offers great potential to your own investment portfolio. removed the shackles that had, for
      424 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Asian bond markets tussle for top slot outside Japan
      321 6  -  From Lim Soon Neo in HONGKONG SINGAPORE, Malaysia, Hongkong and Thailand are fighting for the position of best Asian bond market outside of Japan, according to the latest world bond market survey by Julius Baer Investment Ltd. Singapore and Malaysia are
      321 words
    • Article
      Lock icon Taiwan to raise foreign stock limit gradually
      257 6 Reuter TAIPEI Taiwan's central bank plans to gradually raise the ceiling on foreign fund participation in the stock market and has dismissed rumours it would raise the limit to US$2O billion (SS3O billion). "The central bank has not changed its goal of gradually
      Reuter  -  257 words
    • Article, Illustration
      Lock icon Licence to make money
      64 6 AFP HONGKONG Hongkong businessman Ng Po-keung posing next to his car bearing "HK 1997" licence plates on Sunday. The plates, which Mr Ng bought some 10 years ago at a government auction for HK$2l,OOO (554.100), could fetch up to HK$lO million, according to Mr Ng, who
      AFP  -  64 words
    • Article
      Lock icon No privileges for Chinese firms in HK after 1997
      165 6 AFP HONGKONG Chinese Vice-Premier Li Lanqing has assured Hongkong that Chinabacked companies in the territory will not have special privileges after 1997, it was reported yesterday. Mr Li gave the promise to the publishers and senior editors of the Beijing-funded Ta
      AFP  -  165 words
    • Article
      Lock icon China to further open water projects to foreign investors
      354 6 AFP BEIJING China is to broaden the scope of foreign investment in key water conservancy projects to make up for inadequate state input into the crucial sector. The China Daily newspaper yesterday reported that the government, which had already spent more
      AFP  -  354 words
    • CHINA WATCH
      • Article
        Lock icon Taiwan to liberalise construction market
        93 6 Knight-Ridder TAIPEI Taiwan plans to allow foreign firms to bid on government construction projects in a move to meet liberalisation requirements in the General Agreement on Tariffs and Trade, officials said yesterday. Taiwan applied to join Gatt in 1990. Taiwan now bans foreign construction firms
        Knight-Ridder  -  93 words
      • Article
        Lock icon Guangdong output growth slows
        57 6 Reuter HONGKONG Growth of industrial output for China's southern Guangdong province slowed to 22 per cent in the first half of 1994 from 36 per cent a year earlier, the Beijing-controlled China News Service said yesterday. Guangdong's industrial output was 201.7 billion yuan (Ss3s billion) for
        Reuter  -  57 words
      • Article
        Lock icon Taiwan firms' overseas bonds hit snag
        78 6 AFP TAIPEI Taiwan firms had trouble mustering overseas capital through corporate bond issues due to soaring interest rates in the global capital market, a Security and Exchange Commission (SEC) official said yesterday. Of the 46 listed firms which have obtained SEC approval to issue
        AFP  -  78 words
      • Article
        Lock icon China to tighten foreign tie-up rules
        74 6 Reuter SHANGHAI China is tightening rules on setting up foreign joint ventures with the aim of protecting state assets, guaranteeing payment of capital and cracking down on sham companies, the China Securities newspaper reported yesterday. It said the Industrial and Commercial Bureau had taken
        Reuter  -  74 words
      • Article
        Lock icon China steps up anti-poverty campaign
        100 6 UPI BEIJING China aims to wipe out dire poverty by eradicating food and clothing shortages for 80 million residents by the year 2000. official media said yesterday. Overcoming "poverty is one of the major challenges facing the world", the People's Daily said. "Achieving common prosperity"
        UPI  -  100 words
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      148 6 Every Day, 1 s UPS Makes More Business Deliveries I In The USA I Than Anybody Else In j The Delivery Business. No one covers the United States like UPS. With hundreds of planes, thousands of vehicles, and 87 years of experience, UPS offers unique delivery capabilities to every US
      148 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Aussie inflation data may spark rate rise
      636 7 Key consumer index figures due out tomorrow could set the stage for the first increase since early 1990 Reuter SYDNEY Australian June quarter inflation figures, due out tomorrow, could provide the trigger for a rise in official interest rates, possibly as early as
      Reuter; AFP  -  636 words
    • ASIA NOTES
      • Article
        Lock icon Manmohan seeks market self-regulation
        82 7 Knight-Ridder BOMBAY Self-regulation by the country's capital markets was essential to ensure international investor confidence in the Indian economic liberalisation process, said Finance Minister Manmohan Singh. Inaugurating the National Stock Exchange on Saturday. Mr Singh said the success of India's capital market reforms will be judged
        Knight-Ridder  -  82 words
      • Article
        Lock icon Japanese interim trade surplus rises
        78 7 Reuter TOKYO Japan's Customs-cleared trade surplus rose to USS3.7B billion (555.7 billion) in the first 10 days of July from a USS3.6B billion surplus in the same period a year earlier, the Finance Ministry said. The interim surplus compares with a USS2.7B billion surplus in
        Reuter  -  78 words
      • Article
        Lock icon Tokyo reviews freeze on charges
        67 7 Reuter TOKYO The Japanese government will review a decision to freeze increases in public service charges at a meeting today. Chief Cabinet Secretary Kozo Igarashi said. Ministers responsible for such charges will discuss assessments of such charges. Mr Igarashi said. The freeze, to last until
        Reuter  -  67 words
      • Article
        Lock icon Pakistan arrests intelligence chief
        59 7 Bloomberg Business News ISLAMABAD. Pakistan Pakistan authorities arrested the former director of its intelligence bureau. Retired Brigadier Imtiaz Ahmed, and an aide on charges of high treason. Xinhua news agency reported. The brigadier and the aide, retired Major Mohammad Amir, were accused of masterminding the overthrow
        Bloomberg Business News  -  59 words
      • Article
        Lock icon Supermarket sales fall
        38 7 AFP TOKYO Japan's supermarket sales in June dipped 0.3 per cent from a year earlier to 1.25 trillion yen (SSI9 billion), the Japan Chain Store Association said. It was the 22th consecutive monthly fall. AFP
        AFP  -  38 words
    • Article
      Foreign carmakers flock in as India opens market
      587 7  -  From Rajendra Bajpai in NEW DELHI INDIA'S car market, protected from outside competition for decades, has been thrown open to foreign carmakers and they are coming to India in droves. Indian carmakers, mainly Hindustan Motors and Premier Automobiles Ltd, dominated the market
      587 words
    • Article
      Lock icon India may allow foreigners to own 49pc in telecom deals
      180 7 Reuter NEW DELHI India may allow foreigners to take a 49 per cent stake in telecommunications services opened to the private sector in May, The Economic limes newspaper said. It said Prime Minister P V Narasimha Rao was likely to
      Reuter  -  180 words
  • Page 7 Advertisements
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Info superhighway a mystery to MDs
        76 8 Bloomberg Business News LONDON The much-touted "Information Superhighway" is still a mystery to most British businessmen. A survey of 203 managing directors shows 77 per cent don't fully understand the concept of information networks that link computers and communications devices in homes, businesses, governments
        Bloomberg Business News  -  76 words
      • Article
        Lock icon US foreign aid Bill gets through
        109 8 AP WASHINGTON A US$l3.7 billion (5520.6 billion) foreign aid Bill has made it through the US Senate. But even its biggest backers admit to flaws in the measure, saying policy reform is needed. "Too much of what is in this Bill reflects the inertia
        AP  -  109 words
      • Article
        Lock icon German capital account surplus widens
        47 8 Bloomberg Business News FRANKFURT Germany's capital account widened to a surplus of eight billion marks (557.6 billion) in May from a revised 2.3 billion mark surplus in April, the Bundesbank said yesterday. The April surplus was originally estimated at 4.9 billion marks.
        Bloomberg Business News  -  47 words
      • Article
        Lock icon UK firms not adjusting for inflation: CBI
        88 8 FT LONDON Most British companies have not adjusted their investment criterion for low inflation and interest rates, in spite of warnings from the government that this is stifling investment, a new business survey has found. The Confederation of British Industry survey shows many
        FT  -  88 words
      • Article
        Lock icon Yeltsin advisers urge delaying polls
        92 8 Los Angeles Times MOSCOW Close advisers to Russian President Boris Yeltsin are publicly urging that elections mandated by Russia's new constitution be postponed and that Mr Yeltsin stay in office at least two years longer than his elected term. Holding presidential elections as scheduled in
        Los Angeles Times  -  92 words
    • Article
      Lock icon White House tried to keep Clinton's friend on Whitewater case
      414 8 NYT Bloomberg Business News WASHINGTON Senior White House officials put heavy pressure on the top savings and loan regulator, a close friend of President Bill Clinton, to stay involved in the sensitive Whitewater investigations, according to a politically candid diary
      NYT; Bloomberg Business News  -  414 words
    • Article
      Lock icon Initial bids for US airwaves far exceed expectations
      419 8 Bloomberg Business News WASHINGTON For the first time ever, the Federal Communications Commission yesterday began auctioning airwaves. Initial bidding guaranteed the federal government of at least US$lO4 million (SSIS7 million) far exceeding expectations. Initial bids for the 10 nationwide narrowband auction ranged
      Bloomberg Business News  -  419 words
    • Article, Illustration
      Swiss Bank report examines correlation between economy and football
      425 8  -  By Catherine Ong SINGAPORE Soccer fans believe Maradona has the hand of God. But is he also the invisible hand in the Argentinian economy? A light-hearted report by Swiss Bank Corp recently examined the correlation between economic performance and success at
      425 words
    • Article, Illustration
      Lock icon Clinton shifts foreign policy emphasis away from Asia
      393 8 Los Angeles Times WASHINGTON When US President Bill Clinton and Secretary of State Warren Christopher took office, they announced they would redirect American foreign policy to give top emphasis to Asia. But 18 months into Mr Clinton's presidency, the administration is shifting
      Los Angeles Times  -  393 words
    • Article
      Lock icon US machine tool orders up 17pc in June
      495 8 AP Bloomberg Business News NEW YORK Orders for US-made machine tools jumped 17.4 per cent in June from the month before as orders for the first half of 1994 were up 20 per cent from last year. The Association for Manufacturing Technology
      AP; Bloomberg Business News  -  495 words
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      Page 8 Advertisements Column 1
      64 8 I Suntec City Tower is now a I For details on the Business Capital of Asia, call Suntec City: 295 2888, Jones Lang The 18-storey Suntec City Tower is part of the biggest commercial development in Singapore. It offers the largest office floor plates (28,000 sq. ft) within the CBD,
      64 words
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  • SPORTS
    • Article, Illustration
      Lock icon Sheehan's deft putting sees her through
      858 9 US Women's Open AP LAKE ORION, Michigan Just when she was beginning to tire, just when a mistake could have been fatal, Patty Sheehan showed why she is one of the best players in women's golf. She scrambled for a birdie on the 16th
      AP; AFP  -  858 words
    • SPORT SHORTS
      • Article
        Lock icon LONDON
        125 9 Reuter LONDON A British couple has asked their wedding guests to make bets on their behalf at the bookmakers instead of sending presents. Television sports quiz host Will Buckley and his bride to be Grainne O'Driscoll sent out a list to 150 friends with odds agreed with bookmakers William
        Reuter  -  125 words
      • Article, Illustration
        Baseball
        67 9 NEW YORK Major League Sunday American: Boston 8 Seattle 2; Cleveland 2 Chicago 4; Detroit 4 Kansas City 6; Toronto 4 Texas 2; Milwaukee 6 Minnesota 10; California 4 NY 6; Oakland 7 Baltimore 6. National: Montreal 7 LA 4; Philadelphia 5 San Diego 3; NY 6 SF 8;
        67 words
      • Article, Illustration
        Lock icon Basketball
        80 9 AP KUALA LUMPUR Canada beat England 64-50 to win the Commonwealth Championship on Sunday, taking the crown away from the defending titlist who had entered the game with an unbeaten record. Nigeria finished third in the six-day six-nation event, beating Malaysia 105-71 on Sunday in its final game and
        AP  -  80 words
      • Article, Illustration
        Lock icon Cricket
        196 9 AFP LONDON England captain Michael Atherton was fined £2,000 (554,600) here on Sunday despite his denials of ball-tampering in the first Test against South Africa. Atherton admitted he made a mistake by keeping dirt in his pocket to dry his fingers before handling the ball. But he insisted there
        AFP  -  196 words
      • Article, Illustration
        Lock icon Golf
        290 9 AP BELTON Jim Colbert collected his second Senior Tour win in three weeks on Sunday, firing a final round 5-under-par 65 to hold off Isao Aoki and Larry Gilbert for a two-stroke victory in the US$7OO,OOO Southwestern Bell Classic. Colbert, who won the Kroger Seniors two weeks ago, finished
        AP  -  290 words
      • Article, Illustration
        Hockey
        23 9 DUBLIN Australia beat Argentina 2-0 to win the Women's World Cup Final here on Sunday. Third place play-off: US 2 Germany I.
        23 words
    • Article
      Lock icon Indurain makes it four in a row
      389 9 Tour de France NYT PARIS Miguel Indurain rode into Paris in triumph on Sunday, celebrating his fourth consecutive victory in the Tour de France. Just two other riders have recorded four consecutive victories since the world's most difficult, richest and greatest bicycle race
      NYT  -  389 words
    • Article
      Lock icon South Africa beats England by a massive 356 runs
      462 9 Reuter LONDON South Africa's pace attack swept aside England's batting on Sunday, ripping them out for a paltry 99 to win the first test between the two countries in 29 years by a massive 356 runs. Set 456 to win, more
      Reuter  -  462 words
    • Article, Illustration
      Lock icon Japan's Yamazaki wins 10,000-metre race
      38 9 Reuter LISBON Yoko Yamazaki from Japan being congratulated by a fan after winning the World Champion title on the 10,000 metres race on Sunday at the World Junior Athletics Championships in Portugal. Reuter
      Reuter  -  38 words
    • Article
      Lock icon Women athletes' calendar raises eyebrows
      216 9 Reuter CANBERRA A fund-rais-ing calendar showing scantily clad Australian women athletes roused the anger of the government's most senior female minister yesterday. "I don't think it's an entirely satisfactory way of drawing attention to the very real skills and athletic prowess of our female athletes,"
      Reuter  -  216 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      88 9 er is now available for lease. intec City: 295 2888, Jones LangWootton: 220 3888 or Knight Frank: 222 1333. WttM ,D, state-of-the-art facilities and access ,o 3,200 covered parking lots. Its sophisticated design incorporates the latest in integrated building automation, befitting an address that promises to attract the most discerning
      88 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      626 10 M Nothing Beats A Bud. M |ff»NO OF <rom,^Coribbe^ From June Ist 1994 Mischief Pub at the Boulevard Hotel presents* Caribbean Arts Festival's f Best Performing Band J9P Jhl the Miami MTV sensation Dreat 'i Ration j Time: 8.15pm nightly Venue: Mischief at Lobby Level Open daily from 11am lam
      626 words
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      Page 10 Advertisements Column 2
      335 10 WHERE TO WINE, DINE AND ENTERTAIN I LET'S TALK OVER LUNCH Seafcxxl Theatre Restaurant proudly presents a series of monthly luncheon talks by expert well-known personalities. lulv 30 Aromatherapy Total Well-being by Mrs Angelyn Lim Buffet lunch and talk at $28 nett. For enquiries, please call toll-free *****11 or *****11
      335 words
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      Page 10 Advertisements Column 3
      462 10 Enouglio Enomglio Eiiomglio 'Enough is enough. 35 appetisers, 20 desserts pCus 4 main courses. Itfun our guests start on the appetiser spread at our monthly international lunch buffet, they never finish. In fact, they always end up conceding that they ve had more than enough. Come try it to believe.
      462 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Town cashes in on Hemingway
      483 11 Key West has finally come up with a mascot that it can plaster everywhere NYT KEY WEST, Florida Taking a cue from the folks at Disney World, this tiny resort island has finally come up with a mascot it can plaster on everything in sight,
      NYT; Reuter  -  483 words
    • Article, Illustration
      Lock icon How to make crime pay? Just write a how-to book
      666 11 NYT BRUCE EASLEY is enjoying the kind of attention first-time authors dream about. "Donahue" built a show around his money-mak-ing ideas. "Geraldo" and "Jerry Springer" are calling, and so are "Prime Time Live" and "Dateline NBC". A Hollywood agent says
      NYT  -  666 words
    • Article, Illustration
      Gene Kelly in hospital after mild stroke
      534 11 GENE KELLY, the singer, dancer and actor, is in hospital after suffering a mild stroke, hospital officials said on Sunday in Los Angeles. Kelly, 81, was in stable condition and "resting comfortably" at UCLA Medical Centre, said a nursing supervisor, Susan Davidson. She
      534 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1111 11 TV RADIO lf\ TnjwapsTCJJ' s Shattered Image, sbc 5 Jack Scalia stars as FBI agent Brian Dillion, who called in investigate the kidnapping \P fashion mogul Ben v Algood. While the kidnappers, Brian's partner (P*? Valez killed, along with Ben .J the kidnappers. 7 and is determined to uncover the
      1,111 words
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  • PROPERTY & CONSTRUCTION
    • Article
      PROPERTY WATCH
      238 12 Selected transactions in the past week Pfafctet Predict lypt hmilioJfi) Tinurt 8l js^ 1Ct «pd PWVAT1 Jul18,1994 2261 Lakeside Tower Condo3+1 1970 99 550,000 279 Jul 19.1994 1130 Dune^nGarden Condo3 1250 FH 1,170,000 j 936 Jul 20,1994 1026 Farer Court Apt 3+1 1452 99 640,000 440 Jul 20,1994
      238 words
    • Article, Illustration
      Property investments in NZ pay off
      918 12  -  Singapore investors are profiting from the New Zealand property market's recovery, writes Connie Yap Connie Yap The writer is assistant manager of Colliers Jardine's international division AS New Zealand's economy begins to reap the benefits of several years of economic reform and tight fiscal
      918 words
    • Article
      400 ha at Yio Chu Kang area slated for private housing
      916 13  -  By Lilian Ang THE Urban Redevelopment Authority (URA) has set aside nearly 400 ha of land at Yio Chu Kang and Upper Thomson Road for private housing projects. The Authority said at a briefing yesterday that the land, to
      916 words
    • Article, Illustration
      Marriott eyes mid-priced hotel market in region
      410 13  -  A J Leow finds out more about Marriott's plans in the region A J Leow THE US-based Marriott hotel group may set up a second tier of moderately priced hotels in the region once it has established its presence in Asia's primary cities.
      410 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      119 12 Hitachi and OCBC.. Another First in Customer Convenience OCBC has introduced Hitachi's easy-to-use state-of-the-art passbook printers as part of its electronic banking programme. These user-friendly machines allow customers to automatically update their passbooks quickly and easily without having to queue at the counter. This significantly reduces the time required to
      119 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      156 13 11l m HHIHIH llPl 14 Takes The flight Working Environment IIP?ShS V 750 A chai Chee Industrial Park is ideally convenience of a ready pool of skilled workers, z 1 JfcJ as well as easy accessiblity to the rest of se canteen serves a wide seiectk nof Bedok Bus Intercbargeprmides
      156 words
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  • Article
    Singapore-Riau progress
    527 14 EDITORIAL BILATERAL ties between Singapore and Indonesia look as good as ever, judging from last week's events in Bintan. The Joint Ministerial Meeting, attended by top officials from the two countries, was more than just a public affirmation of the close ties that led to the "twinning" of
    527 words
  • WHAT THE OTHERS SAY
    • Article
      Arts for the masses
      194 14 THE UNVEILING of design plans last week of The Esplanade, as the overdue arts centre is to be called, leads to one open question: have Singapore's musicians, composers, choreographers, actors and playwrights the verve and creativity to produce work worthy of the temple in which it
      194 words
    • Article
      Lessons from the moon
      187 14 WHEN American astronauts Neil Armstrong and Buzz Aldrin landed on the moon 25 years ago, some people, even in Singapore, dismissed it as American propaganda. Some even dismissed it on religious grounds as impossible. And some others considered the whole programme wasteful on the part of
      187 words
    • Article
      A safer, more vibrant region
      161 14 THE CLOSING of the 27th annual Asean ministerial meeting on Saturday in Bangkok indicated that Asean is playing a more important role in regional security and political cooperation. Asean foreign ministers and their counterparts of observer nations are gradually arriving at a consensus that in
      161 words
    • Article
      Abandon divisive barriers
      164 14 WITH A quiet whisper, Japan has effectively taken the wind out of Asean's plans to step up its push for an exclusively Asian caucus within the Asia Pacific Economic Cooperation forum. Japan's reasons for refusing to become involved in an Asian-only bloc are the same now as
      164 words
    • Article
      A tax is always a tax
      122 14 THE GOVERNMENT has been fudging the issue of taxes in defending the government's plan for an old-age pension. The plan envisages paying people over 65 HK52,300 a month, paid for by government contributions and a 1.5 per cent levy on salaries. The levy is,
      122 words
  • Article, Illustration
    The sun sets in the West
    1139 14  -  Lim Chong Yah explains the relative economic decline of Western industrialised countries, especially vis-a-vis booming East Asia Lim Chong Yah The writer is professor of economics at the Nanyang Technological University in Singapore. This article is adapted from a keynote address given at the
    1,139 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      175 14 MW *S: I -*n Business Expansion Overseas YOUR VISION v v v and OUR RESOURCES International factors leasing To successfully expand a business overseas, a company needs more than vision. There has to be full resources to supply the needs of growth. International Factors Leasing Pte Ltd can supply these
      175 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      141 14 liiffl!4 I f\Re OiDtR YOU'LL Refuse PLL TMG. T.me I sirxj eyes G6.T "TißelA I'm 9TTNG Hefe. &PP*ReMTLy DOtUG NOTWtKG fC\ I wSe DONG VcwPPwG FM->PvV RfT TWe. e.STft&U3HM&HT..... V NO VC— /don'T SOOUG C ASSOCIATED NtWSPAPtm LTO, IMMH4 fccJk— 9«8 DOONESBURY GARRY TRUDEAU YOUV THINK HBY.fOU NO MAY THAT
      141 words
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  • ANALYSIS
    • Article, Illustration
      China reels under nature's onslaught
      1241 15  -  Peter Seidlitz reports on how floods in the south and a drought-cum-heat wave in the north are threatening economic reform in China Peter Seidlitz The writer is the Beijing-based China correspondent for the German national daily, Handehblatt HAS NATURE turned against economic reform in China?
      1,241 words
    • Article
      The search for big bucks to finance Asia's infrastructure
      1229 15  -  Vikram Khanna finds the World Bank recommending a variety of methods, ranging from project finance to tapping capital markets Vikram Khanna The writer is BT's Regional Economics Editor DESPITE its economic growth indeed, partly because of it Asia generates a fair
      1,229 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      145 15 GRAND HOME, EVEN GREATER i M RAT E S. \m He A great home awaits you at Kuala pACKAGc- r |R¥ y yr Al 1 V Lumpur's newest hotel, The Legend, H i\ W U strategically located above the Mall, M T ?r-\QT \l It I W\ -oTH Vw II
      145 words
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  • Article, Illustration
    Lock icon Israel, Jordan end 50 years of enmity
    532 16 Reuter WASHINGTON Israeli Prime Minister Yitzhak Rabin and Jordan's King Hussein shook hands enthusiastically yesterday at the White House, ending nearly a half-century of antagonism and signalling their intent to make a formal peace. Mr Rabin, commenting on the gesture a few moments
    Reuter; AFP  -  532 words
  • Article
    Lock icon Japan, US to resume stalled trade talks on Thursday
    441 16 NYT AFP Reuter TOKYO Japanese and American negotiators will resume stalled trade talks in Washington on Thursday to discuss Japanese government procurement. Government sources yesterday told Kyodo News Service that Sadayuki Hayashi, Deputy Foreign Minister for Economic Affairs, and Deputy US
    NYT; AFP; Reuter  -  441 words
  • Article
    Lock icon Vietnam to spend US$1b on telecommunications in Ho Chi Minh City
    273 16 AP HANOI Vietnam plans to spend at least US$l billion (SS 1.51 billion) by the year 2000 to upgrade telecommunications in Ho Chi Minh City, the nation's biggest city and commercial centre. An influx of foreign investors and rising
    AP  -  273 words
  • Article
    Lock icon Over 30 telecom companies sign big Euro cable deal
    279 16 Reuter ROME More than 30 telecommunications companies, including Singapore Telecom and many large firms in Europe and the United States, signed an agreement yesterday to build a US$l55 million (***** million) fibre optics cable linking Italy, Russia, Turkey and Ukraine. Italian
    Reuter  -  279 words
  • Article, Illustration
    Clinton's bumbling serves to legitimise dollar-assassination
    791 16  -  The Bottom Line CRAIG COPETAS CRAIG COPETAS The writer is a Paris-based journalist. He contributed this commentary to BT PERHAPS the most important responsibility of government is to prevent the foreign exehange markets from cynically manipulating its currency. A sliding currency is a reflection
    791 words
  • Article
    Lock icon Exxon, Texaco earnings drop
    265 16 Reuter NEW YORK Exxon Corp and Tcxaco Inc yesterday reported lower second-quarter earnings, as the profit margins of the United States' oil giants were squeezed by lower oil prices. Exxon, the US* largest oil company, said its earnings dropped to US$BB5 million (SSI.3 billion) from US$l.2
    Reuter  -  265 words
  • Article
    Lock icon Banks in Indian scam face 1.4b rupee fines
    336 16 Reuter BOMBAY India's central bank yesterday told 20 banks, including nine foreign ones, it was considering punishing them with 1.47 billion rupees (5571.6 million) in fines for misusing funds in the country's securities' scandal. The RBI said in a statement it gave
    Reuter  -  336 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      59 16 r Nitsuko Jgm&t Digital Keyphone Systems PRIME RAFFLES PLACE OFFICE BUILDING For Sale by Tender Reserve Price Ss4s Million Site Area Approx. 293.4 sm (3,158 sf) Floor Area Approx. 3,123 sm (33,600 sf) Tenure 999 years wef 20 April 1826 Tender closing date on Thursday, 11 Aug 1994 at 3
      59 words
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      Page 16 Advertisements Column 2
      10 16 Vietnam's southern power grid to get lSs4oom boost, Pg 4
      10 words
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      Page 16 Advertisements Column 3
      65 16 Distributor: Jel: 27 8 7 I,SB fa*- ?7 fl 78 9 8 Singapore Communication•> Equipment Co Rte Ltd I dA i 4 V/ Qialitv Service REGULAR FREEHOLD SITE IN SERANGOON GARDEN ("J Excellent Location. With provisional permission for 4 bungalows. Site area 20,084 sf approx. FOR SALE BY TENDER Closing
      65 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      S'pore Telecom in venture to tap M'sian telecoms market
      512 17  -  From Ho Kay Tat in KUALA LUMPUR SINGAPORE Telecom took a small but significant step to tap opportunities in Malaysia's booming multi-billion ringgit telecommunications industry when subsidiary Telecom Equipment Pte Ltd launched a joint venture here yesterday. The company, MultiMedia Communications
      512 words
    • Article
      Pertama to raise $ 13.2 m through rights issue
      263 17 Pertama to raise 13.2 m through rights issue SINGAPORE Pertama Holdings announced last night it is raising $13.2 million through a rights issue of unsecured loan stock with detachable warrants. The rights will be offered on the basis of $200 principal amount of the loan stock with 300 warrants for
      263 words
    • Article
      Lock icon Ban Hin Lee Bank's pre-tax surges 78pc
      142 17 Bernama KUALA LUMPUR Ban Hin Lee Bank Bhd's group operating profit before tax and other items jumped 78 per cent to M 532.97 million (5519.1 million) for the six months ended June 30, 1994, from the previous corresponding period. Releasing its unaudited half-yearly
      Bernama  -  142 words
    • Article
      DBS Land unit to lease out space at Chai Chee factory
      156 17 SINGAPORE DBS Land's wholly-owned subsidiary Wah Tien Realty will lease out industrial space at a flatted factory block it is having built in Chai Chee Industrial Park. The $32 million, eightstorey block, which will have a total lettable area
      156 words
    • Article
      Genting still the best bet among Malaysian gaming counters
      978 17  -  HOCK LOCK SIEW By Amy Balan SINGAPORE Here we go again. Granite announced last week that it has been asked to develop a race course in South Africa and possibly a casino too. The stock market, as usual, got terribly excited.
      978 words
    • Article
      CityDev's land buy sets Hillview benchmark
      290 17 SINGAPORE City Developments has paid $46.3 million for a 92,103 sq ft Hill view site owned by DAL Singapore, setting a new benchmark of $503 per sq ft for the area. The previous benchmark of $485 per sq ft was set by the sale
      290 words
    • Article
      Econ unit buys industrial property in Ang Mo Kio park
      154 17 SINGAPORE Econ Industries has bought a property in Ang Mo Kio Industrial Park from Fisher-Rosemount Singapore. Econ Industries' parent, Econ International, said yesterday that the property was bought for $9.4 million cash. It is on a 4,207 sq m leasehold
      154 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        43 17 Mixed Market Mood' indicates the likely trading sentiment today. ha\i%l on brokirs polled at 5-6pm yesterday. Overnight writs may alter sentiment. Brokers polled Alliance. Baring. Fraser. UK Cioh. Morgan Orenjell. OngCo. Nomura. Smith Sew Court. H I Carr and SO Warburg.
        43 words
      • Article, Illustration
        HOT STOCK
        148 17  -  -By Quak Hiang Whai LIANG COURT HOLDINGS rose 2 cents at $1.37 yesterday and looks set to break resistance at $1.40. With strong volumes recorded in a sluggish market, the stock appears to have bottomed out after six months of slide. Its next resistance is at around $1.52.
        148 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Asean Fund's pre-tax profit up 3-fold
          45 18 SINGAPORE Asean Fund has reported a pre-tax operating profit of U5527.5 million (5541.5 million) for the half-year ended April 30, 1994. This represents a 229 per cent increase from the profit of US$B.36 million for the previous corresponding period.
          45 words
        • Article
          Hai Sun Hup delays EGM
          87 18 SINGAPORE Hai Sun Hup has announced that the extraordinary general meeting to obtain members' approval for the group's proposed hotel acquisitions and additional use of funds will be held on Aug 8 instead of Aug 5. The group is seeking approval to acquire Ramada Hotel
          87 words
        • Article
          Lock icon Propel offer subscribed 60 times
          50 18 Bernama KUALA LUMPUR Projek Penyelenggaraan Lebuhraya Bhd's public offer of 8.75 million Msl shares at M 52.60 per share has been subscribed 60.38 times. A Malaysian Issuing House Sdn Bhd statement said a total of 136,835 applications were received for 202.56 million Propel shares. Bernama
          Bernama  -  50 words
        • Article
          Lock icon M'sian Plantations back in black
          103 18 Bernama KUALA LUMPUR Malaysian Plantations Bhd chalked up a group pre-tax profit of M 55.19 million (Ss3 million) for the year ended March 31, 1994 from a loss of M 52.75 million in 1993. At company level, it suffered a pre-tax loss of M$ 17.26
          Bernama  -  103 words
        • Article
          Lock icon Landmarks nets M$131m from sale
          65 18 Bernama KUALA LUMPUR Landmarks Bhd has received about MSB 1.5 million from Peremba Holdings Bhd from its disposals of a 50 per cent stake in Saujana Hotel Sdn Bhd, a 100 per cent stake in Gracom Sdn Bhd and a 77.2 per cent equity interest
          Bernama  -  65 words
        • Article
          Lock icon Six sen dividend from AHP
          114 18 Bernama KUALA LUMPUR Permodalan Nasional Bhd has approved a six sen gross dividend for unitholders of Amanah Harta PNB for the half-year ended June 30, 1994, amounting to a total payout of Ms 6 million. PNB, trustees for the AHP, said the net dividend is
          Bernama  -  114 words
      • Article
        UNIT TRUSTS & FUNDS
        513 18 UNIT TRUSTS FUNDS MMaprs' prkM Jul 26 Shcnton Incomc 0 998 1 008xd(S Shcnton Thrift Fd 1.34 1.34(8 Singapore Unit Trust sh Asia Pac Fund o.84 o 87@ The Commcrcc 1.62 1.71 Mcndaki Or Fund I.IS 1.23(8 The Savings Fund 1.53 1.62 US Gr Fund 1.00 1 04" S pore
        513 words
      • Article
        Lock icon Chew Piau surges on talk of insurance purchase
        181 18 Reuter KUALA LUMPUR Construction company Chew Piau Bhd shares surged for a second consecutive day yesterday on speculation it would buy an insurance company, brokers said. "There is talk it may be buying an insurance company and possibly a bank," said a
        Reuter  -  181 words
      • Article
        Tradewinds (M) to develop Indon oil palm plantation
        438 18  -  From Ho Kay Tat in KUALA LUMPUR PRESSURED by rising land and labour costs at home, Tradewinds (M) Bhd said yesterday it would embark on a joint-venture to develop a 15,000 ha oil palm plantation in Indonesia for Msloo million (SssB million).
        438 words
      • Article, Illustration
        Aokam Euro issue nearly sunk by rumours: Teh
        570 18  -  By Agnes Chen SINGAPORE In the third published interview in as many weeks, normally reticent Sabahan timber magnate Teh Soon Seng disclosed that his company's recent successful US$l35 million (SS2O3 million) Euroconvertible issue was almost scuttled by rumours of personal share dealings
        570 words
      • Article
        Lock icon Palmco shares snapped up on mixed rumours
        204 18 Reuter KUALA LUMPUR Malaysia's palm oil refinery group, Palmco Holdings Bhd, has been traded heavily on a mixture of different rumours. Brokers yesterday said rumours of an asset injection and changes in ownership had been in the market but they did not know
        Reuter  -  204 words
      • Article
        Lock icon Tenaga unit close to clinching power plant conversion deal
        315 18 NST KUALA LUMPUR Tenaga Nasional Engineering Consultancy Sdn Bhd (TNEC), a wholly-owned subsidiary of Tenaga Nasional Bhd, is close to securing a contract worth a few hundred million ringgit for the conversion of the Malacca power station into a combined cycle
        NST  -  315 words
      • Article
        Lock icon Hicom Leasing to invest M$50m in heavy equipment
        217 18 Bemama KUALA LUMPUR Hicom Holdings Bhd's leasing arm, Hicom United Leasing Sdn Bhd, plans to buy MSSO million (Ss29 million) worth of heavy equipment over the next two years to strengthen its position in the rapidly growing leasing industry. Hicom Leasing chairman
        Bemama  -  217 words
      • Article
        Thai bourse probes failed North Star sale for insider trading
        230 18 BANGKOK The Stock Exchange of Thailand has launched an investigation into possible insider trading of shares in North Star Co, a listed bottled water producer, and asked the company to clarify why a plan to take it over had failed.
        230 words
      • Article
        What you need to know about share trading at bank counters
        1436 18 Authorised trading centres SINGAPORE The Stock Exchange of Singapore has provided a list of questions and answers to help you understand the procedures for share trading at authorised trading centres (ATCs). The list is reproduced in full below. About
        1,436 words
      • Article
        Lock icon Japan may allow trading of investment trust funds
        402 19 Ministry of Finance hopes to lure individual investors back into the market Bloomberg Business News TOKYO In an effort to lure disenchanted individual investors back into the stock market, Japan's Ministry of Finance is considering introducing new investment trust funds to be
        Bloomberg Business News  -  402 words
      • Article
        Lock icon Kobe Steel forms China machinery venture
        247 19 Bloomberg Business News TOKYO Kobe Steel Ltd, Japan's fifth largest steel maker, yesterday said it would form a joint venture to make and sell construction machinery in China. The venture will be Kobe's first manufacturing plant in China and the first in that country
        Bloomberg Business News  -  247 words
      • Article, Illustration
        Lock icon Investors shy away from Indian bourses despite strong economy
        425 19 Reuter BOMBAY India's turbulent bourses, which have surged on the back of radical economic reforms, have entered a period of stagnation which could last at least another two months, analysts said. Since the last week of June, when investor enthusiasm over
        Reuter  -  425 words
      • Article
        IHD pushing into China with network of retail outlets
        354 19 HONGKONG IHD Holdings. under new management by major shareholder China Everbright Holdings, plans to take Hongkong-style convenience stores to the mainland. The South China Morning Post reported on Saturday that the company plans to establish 100 outlets in Beijing within two
        354 words
      • Article
        Lock icon Property developer Canada Land's share issue fully subscribed
        276 19 Bloomberg Business News SYDNEY Hongkong-based Chinese property developer Canada Land Ltd yesterday said its AsB.B million (559.7 million) share offering closed fully subscribed. The company, which will begin listing on the stock exchange on Thursday, is the second Chinese company to list
        Bloomberg Business News  -  276 words
      • Article
        Lock icon Dharmala unit sets up Indonesian distribution firm
        145 19 Bloomberg Business News HONGKONG Dharmala Holdings Ltd, a Hongkongbased marketing, service and distribution group, is to set up a company in Indonesia, PT Indo Lindeteves. Dharmala said its industrial products subsidiary, Jacobson van den Berg, will establish the Indonesian company. It expects PT
        Bloomberg Business News  -  145 words
      • COMPANY BRIEFS
        • Article
          Lock icon BHP keen on S African energy firm
          73 19 Bloomberg Business News SYDNEY Broken Hill Proprietary Co Ltd, Australia's largest company, has emerged as a prime contender to buy major South African energy producer Rand Coal, the Australian Financial Review newspaper reported yesterday. Rand Coal was offered for sale by international tender
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Tsingtao chief quits
          85 19 Reuter HONGKONG China's Tsingtao Brewery Co Ltd, which listed on the Hongkong stock exchange in July 1993, accepted the resignation of its chairman and managing director Zhang Yadong, the company said in a statement yesterday. Mr Zhang asked to resign because he wished to concentrate on the
          Reuter  -  85 words
        • Article
          Lock icon UMC pre-tax profit up 3 times
          81 19 AFP TAIPEI Taiwan's second largest integrated circuit maker, United Microelectronics Corp, said yesterday that it more than doubled its interim pre-tax profit for the first half of this year. Profit totalled NTS2.7I billion (S$ 153.3 million) in January-June, up 226 per cent over the
          AFP  -  81 words
        • Article
          Lock icon Tough year for HK store group
          81 19 Bloomberg Business News HONGKONG Department store group Sincere Co said yesterday that it is facing a tough year because of high start-up costs for new projects and a fall in the Hongkong stock market. Executive chairman Walter Ma issued the warning after announcing that
          Bloomberg Business News  -  81 words
        • Article
          Lock icon Pioneer's cable TV advert venture
          59 19 Reuter TOKYO Pioneer Electronic Corp said it will begin selling in Japan from autumn a system which cable TV stations can use to insert commercials into their programmes, in any order they choose and with no pre-editing. The retail price for the cheapest CM Bank
          Reuter  -  59 words
      • Article
        Lock icon Injunction lifted on China-made 'Swiss army' knives
        159 19 Bloomberg Business News SHELTON, Connecticut Forschner Group Inc yesterday said an appeals court had lifted an injunction that kept Arrow Trading Co from using the words "Swiss Army" on its China-made multi-blade pocket knives. Forschner, which holds the exclusive right to sell Victorinox
        Bloomberg Business News  -  159 words
      • Article
        Lock icon Siemens' 9-month net dips on revamp
        639 20 Bloomberg Business News MUNICH Reorganisation costs and lower investment earnings cut net profit at Siemens AG by 6 per cent to 1.245 billion Deutschemarks (551.183 billion) in the first nine months of its financial year. "The drop is due to weaker sales in Germany
        Bloomberg Business News  -  639 words
      • Article
        Lock icon 'Hongkong problem' looms over ailing Salomon
        519 20 NYT NEW YORK Salomon Inc had plenty of problems to disclose on Thursday as it reported a quarterly earnings plunge of more than US$2OO million (SS3O4 million). But there was one headache the firm didn't discuss. At Salomon Brothers, the company's brokerage unit, it's
        NYT  -  519 words
      • Article, Illustration
        Lock icon Porsche rolled back into profit in May, says chairman
        323 20 Bloomberg Business News FRANKFURT Porsche AG. the German sports-car maker, began operating profitably again in May, its chairman. Wcndelin Wiedeking. told German magazine Top Business. In March. Porsche reported a 1994 first-half net loss of 114 million Deutschemarks (SSIOB million) for
        Bloomberg Business News  -  323 words
      • Article
        Lock icon Higher sales, cost-cutting lift Goodyear's 2nd-quarter profit
        307 20 Bloomberg Business News AKRON, Ohio Goodyear Tire Rubber Co said secondquarter net profit rose almost 19 per cent on the strength of higher tyre sales to carmakers and continued cost-cutting. Goodyear, based here, posted net profit of U*****.2 million (*****.4 million), or US$l.OB
        Bloomberg Business News  -  307 words
      • Article
        Lock icon Shareholders in Europe pulling their weight
        579 20 Bloomberg Business News LONDON Many European executives may soon get demanding new bosses: their shareholders. In annual meetings across Europe, more and more executive boards are facing shareholders who take an active interest in how companies are run and who cast votes against executives
        Bloomberg Business News  -  579 words
      • Article
        Lock icon CBS begins offer to buy 3.5 m shares of its common stock
        280 20 Bloomberg Business News NEW YORK Television network giant CBS yesterday began a US$l.l4 billion (551.72 billion) offer to purchase 3.5 million shares of its common stock. CBS' largest shareholder, Loews Corp. a company controlled by CBS chairman Laurence
        Bloomberg Business News  -  280 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        S'pore insurance sector set to post double-digit growth again
        438 21  -  Reports by Soh Tiang Keng SINGAPORE The Insurance Commissioner has painted a bullish outlook for Singapore's insurance industry this year. In her 1993 annual report released yesterday, Lim Shu Chiau predicted buoyant performance for the life insurance industry and double-dig-it growth
        438 words
      • Article
        First general underwriting loss since 1979
        309 21 SINGAPORE The domestic general insurance business reported an underwriting loss of $33.1 million in 1993 the first loss since 1979. Insurance Commissioner Lim Shu Chiau says in her annual report, released yesterday, that reinsurers bore the brunt of losses. In 1992, the industry reported
        309 words
      • Article
        Lock icon Abu Dhabi court to hear BCCI official's appeal
        245 21 Reuter ABU DHABI An Abu Dhabi court has rejected a request to throw out an appeal by former BCCI executive Mohammad Swaleh Naqvi against his sentence because authorities have extradited him to the United States, lawyers said and court records showed yesterday.
        Reuter  -  245 words
      • Article
        Thailand's Siam Syntech raises US$25m loan
        246 21  -  By Quak Hiang Whai SINGAPORE Thailand's Siam Syntech Construction Public Co has taken a US$25 million (5537.75 million) term loan. The loan was raised through arranger OCBC Bank, with money committed by eight other banking groups. They are: Bayerische Landesbank, Four Seas Bank BIBF,
        246 words
      • SMALL CHANGE
        • Article
          Lock icon BZW considers Canary Wharf office site
          93 21 Bloomberg Business News LONDON Barclays de Zoete Wedd, the investment banking arm of Barclays Bank Pic, may move its 3,000 London employees, currently located in four separate buildings, to Canary Wharf in the Docklands, the Sunday Times said. In March, David Band, BZW's chief
          Bloomberg Business News  -  93 words
        • Article
          Lock icon Tokio Marine opens office in Vietnam
          44 21 AFP TOKYO Japan's Tokio Marine and Fire Insurance Co said yesterday it had opened a representative office in Ho Chi Minh City. The insurance company said it would start operation in cooperation with local Vietnamese insurance firms. AFP
          AFP  -  44 words
        • Article
          Lock icon IBJ cannot confirm report
          103 21 Reuter TOKYO The Industrial Bank of Japan Ltd (IBJ) said it could not confirm a newspaper report that it will post losses stemming from restructured loans to 10 non-banks affiliated with Hyogo Bank Ltd. The Nikkei economic daily said IBJ has some 70 billion yen (551.05
          Reuter  -  103 words
      • Article
        Lock icon Sicom raises rubber futures margins by 38pc
        131 21 Reuter SINGAPORE The Singapore International Commodity Exchange (Sicom) said it has raised margins for trading rubber futures by 38 per cent to SI 10 a tonne effective yesterday. It has raised margins traders are required to place as security with the exchange's clearing
        Reuter  -  131 words
      • Article
        Lock icon China's soaring LPG demand puts pressure on storage needs
        286 22 Reuter SINGAPORE Rising Chinese demand for LPG will result in an ever-increasing demand for storage facilities and related infrastructure, say Chinese officials and traders. Demand for liquefied petroleum gas, which is used mainly for household cooking in China, will surge 72
        Reuter  -  286 words
      • Article, Illustration
        Lock icon Refinery fire cuts 10pc of UK capacity
        507 22 FT LONDON A fire at Texaco's Milford Haven oil refinery in south-west Wales was still burning but under control yesterday following an explosion that will put out 10 per cent of the UK's refining capacity for an indefinite period. A spokesman said that
        FT; Reuter  -  507 words
      • Article
        Lock icon Oil flowing into China despite import ban
        470 22 Reuter SINGAPORE Cargoes of refined oil products are flowing into China despite claims by Chinese officials and other sources that a five-month-old import ban remains officially in effect, oil sources said yesterday. Oil industry sources estimate at least 100,000 tonnes of gas oil
        Reuter  -  470 words
      • Article
        Lock icon Reluctant Indonesia seems set to import rice
        525 22 Knight-Kidder SINGAPORE Indonesia looks sure to import rice this year despite official denials in Jakarta that an expected fall in output will not result in shortages. Indeed, signs already are emerging that some deals are on the board. Import licences apparently have been
        Knight-Kidder  -  525 words
      • Article
        Lock icon Malaysia oil exports to fall 18pc in 1995: Petronas chief
        181 22 Reuter KUALA LUMPUR Malaysia, one of Asia's leading oil producers, will see reduced exports again next year as its fastgrowing economy puts an increasing demand on output, the president of the national oil company Petronas said. Oil exports will fall
        Reuter  -  181 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        105 22 THE SINGAPORE dollar was slightly firmer yesterday in moderate trade. Sentiments over the local currency remain bullish following last week's release of unusually high June inflation figures. The ringgit continued to trade in a tight range of 2.5980/2.6000 with little fresh factors to spur its
        Charts by Dow Jones Telerate  -  105 words
      • Article
        Lock icon New York
        85 22 AFP NEW YORK The dollar lost ground against other major currencies in calm early Wall Street trading yesterday. At 1340 GMT, the dollar was at 1.5840 German marks against 1.5982 marks at Friday's close and at 98.60 yen against 98,90 yen. The greenback was also weaker at 5.4160
        AFP  -  85 words
      • Article
        Lock icon London
        198 22 Bloomberg Business News LONDON The dollar was little changed against the mark and made modest gains against the yen amid speculation about when the Federal Reserve will next raise US interest rates. Investors are seeking clues to whether the Fed will raise rates before the next meeting of the
        Bloomberg Business News  -  198 words
      • Article
        Crude oil futures decline as Nigerian talks resume
        170 22 Bloomberg ENERGY REPORT LONDON Crude oil futures reversed two days of gains as talks resumed between striking Nigerian oil workers and officials of the military government. Meantime, gasoline surged US$6 a ton amid concerns about supply problems after three refineries in Wales
        170 words
      • Article, Illustration
        Untitled
        1552 22 /rati? M fifhlnl imlex tukulaltiJ a&tuiil S'purv'i lop 14 IrittliHK panmm. Sav war I9K< USS/SS forward rates Noon July 25 s$ Bid Oder 1-month I SOTS 1.5089 2-month I.S06S 1.5079 •Lmonth 1 5055 I SOW 6-month 1.5010 I.SOW Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m
        1,552 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, JGB futures end marginally up
        1245 23 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and the Japanese government bonds (JGB) ended marginally firmer on expectations that the Bank of Japan would not hike short-term rates while Eurodollar futures closed little changed in dull trade. Euroyen was firm on continued injection of funds
        Reuter  -  1,245 words
      • Article
        KL tin rises on local demand
        704 23 COMMODITY REPORTS KL Tin KUALA LUMPUR: Tin rose 11 sen to close at M$ 13.70 a kg on local buying interest despite falls in London on Friday. European buyers sought tin in London as prices were low and the local premium too wide. Tin
        704 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Thai tin output down 13pc
          86 23 BANGKOK Thailand produced 3,998 tonnes of tin ingots in Jan-June, down 13 per cent from a year earlier, according to data issued yesterday by Thailand Smelting and Refining Co Ltd (Thaisarco). Exports totalled 1,261 tonnes, up 11.5 per cent from a year earlier, while domestic
          86 words
        • Article
          India's aluminium exports to fall
          99 23 SINGAPORE Aluminium exports by India's National Aluminium Co (Nalco) will fall this year due to damage to its smelter pots in December 1993, while repairs to those facilities are not likely to finish until September, a Nalco official said yesterday. Nalco India's largest aluminium producer
          99 words
        • Article
          Australia has less wheat to export
          156 23 BRISBANE Australia is expected to export less than 10 million tonnes from the 1994-95 wheat crop, according to the Australian Wheat Board. AWB managing director John Lawrenson said 3-3.5 million tonnes of the drought-decimated 12.6-mil-lion-tonne crop probably will be used on the domestic market
          156 words
    • Article
      COMMODITY PRICES
      1398 23 Rubber Singapore Commodity Exchange (futures deeing e» at S.30pnQ ESS 1 Centred (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 94 227.00 227.00 221.00 50 600 Sep 215.50 215.50 216.00 100 3300 Oct 217.00 212.00 208.50 400 4225 Nov 217.00 212.00 207.00 400 4150
      1,398 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1046 24 -4.2 SHARES closed marginally weaker yesterday in lacklustre trade, with investors reluctant to commit funds ahead of the impending release of official inflation data, brokers said. The bourse's key All Ordinaries Index closed at 2,048.3 points, down 4.2. The All Industrials Index dropped 10.5 to 3,012.9 while the All
        1,046 words
      • Article
        Manila
        650 24 +63.36 Shares soared 2.34 per cent yesterday on optimism of stronger second-quarter corporate earnings and a rise in the Dow. The PSE Composite Index leaped 63.36 points to close at 2,771.51 to continue a rally that began on Friday when it shot up by 59.61 points. Turnover declined to
        650 words
      • Article
        Taipei
        594 24 131.77 The Taiwan bourse yesterday hit a year high in modest trading in the hope of more foreign funds arriving, with banking and insurance issues topping the winning list. The Weighted Price Index put on 131.77 points to 6,688. Turnover swelled to 2.123 billion shares valued at NTS 107.7
        594 words
      • Article
        Seoul
        405 24 -11.46 Share prices fell sharply yesterday, after making early gains. Rumours about austere monetary policy eroded early gains and pulled the index down. The Composite Price Index shed 11.46 points to settle at 939.12 with turnover standing at a languid 28.8 million shares worth 570 billion won changing hands.
        405 words
      • Article
        New Zealand
        306 24 •4.98 Shares dropped for the third consecutive day, as chemicals group Fernz tumbled 6 per cent on persistent disappointment at the company's annual result. Lack of a strong lead from the US or Australian markets tended to dampen enthusiasm. "A lot of people are happy just to do
        306 words
      • Article
        Bombay
        86 24 +3.30 Shares ended a shade higher in a dull trading session during which investors concentrated on select low priced cash shares. The BSE 30-share Index closed at a provisional 4,106.65, up 3.30 points. The 100-share National Index closed 1.62 lower at 1,942.91. Most shares moved in a narrow range
        86 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        626 24 Britannia Funds Stcrliag Cask BM Offer Mim ap Depowl M 6400 6500 Mim icon <5ST- ftl»9) ftIW Mtm Mai Income *0.9200 *0 9*00 L S$ Cask Income PWl Fund 9.9)00 10 4600 PS J Rr*rvc Fund 5 2100 5 2900 Slrrtiag tqaity Euro Performing 0.4592 ***** Far Eatf Fund *2
        626 words
      • Article
        London
        705 24 -8.6 STOCKS declined for only the second time in nine sessions amid renewed concern that British interest rates may rise this year to prevent a resurgence of inflation. "We're likely to see a rise in interest rates before the end of the year," said an analyst. 'The market may
        705 words
      • Article
        Paris
        129 24 18.43 French shares ended the first day of the new account on a high note, with the market boosted by bond strength. But traders said there was only light volume in equities, which were led by buying in futures. The CAC-40 Index ended up 18.43 points to close at
        129 words
      • Article
        Frankfurt
        161 24 +7.98 Stocks rose in after-market trading, boosted by a rising bond market and shares of car maker Daimler Benz. The DAX Index closed at 2,144.20, up 7.98 points. Daimler was "leading the way," said a trader. Daimler, maker of Mer-cedes-Benz cars, benefited from optimistic profit forecasts for the current
        161 words
      • Article
        Brussels
        176 24 12.74 Belgian stocks rose for a fourth day after the government completed its 1995 budget and said its deficit reduction programme was on track. The Bel-20 Index rose 12.74 points to 1,445.80. It was the biggest one-day gain since July 4, taking the index to its highest level for
        176 words
      • Article
        Milan
        134 24 -49 Political uncertainties kept investors on the defensive and prices ended lower in thin trade. The weaker tone of foreign bourses and the general softness of the bond markets were not helping. Brokers said that some investors who had bought during the sharp rise last week took profit while
        134 words
      • Article
        Amsterdam
        220 24 +0.50 Dutch stocks closed mixed, boosted by a rally in ABN Amro and brewer Heineken and recovering bonds. The EOE Index rose 0.50 to 403.52 points for a third day of gains. Decliners outnumbered advancers by 14 to nine and four stocks closed unchanged. Activity was light because of
        220 words
      • Article
        Stockholm
        149 24 -1.46 Sweden's benchmark stock index declined for only the second time in 14 sessions, as investors took a poor view of a joint venture involving telecommunications giant L M Ericsson. The OMX Index of 30 leading stocks declined 1.46 points to close at 1136.56. Eleven stocks rose, 15 declined
        149 words
      • Article
        Zurich
        270 24 +2.0 Switzerland's index of leading stocks rose for the fifth day in a row, as investors turned to Ciba-Geigy, and some industrial shares, on earning shopes. The SMI Index of 23 leading stocks closed up 2.0 points at 2,601.2. Ten stocks advanced, one was unchanged and 12 fell. It
        270 words
      • Article
        Johannesburg
        285 24 +46 South African shares finished slightly firmer in slow Monday trade, but sentiment remained mixed amid concern about world equity market direction. Brokers said initial gold price gains had offered support, but investors were wary about prospects for the metal. The Overall Index ended up 19 points to 5,568,
        285 words
      • Article
        Toronto
        230 24 -9.67 Stocks remained weak at midday as the fight for mining player Lac Minerals Ltd and second quarter results drew the market's attention. Losses led by golds, financial services, and conglomerates outpaced gains in metals and minerals, and forestry products. The TSE-300 Index was down 9.67 points to 4,166.49
        230 words
      • Article
        New York
        680 24 +3.88 The Dow Jones Industrial Average, which edged up 2.59 points on Friday, was ahead 3.88 points to 3,738.92 at Mam EDT. The key barometer was off 1.30 points shortly after the market opened. The New York Stock Exchange Composite Index was ahead 0.02 to 250.26 points, while
        680 words
    • Article, Illustration
      Lock icon HONGKONG
      3047 25 Bloomberg Business News HONGKONG Stocks were little changed as investors raised bids for conglomerates, perceived as most profitable in a high-interest-rate environment, and shed shares in other industries. Fund managers may be cautious about real estate, bank and utility shares and may be buying conglomerate shares by elimination, said
      Bloomberg Business News; Source: Bridge Info  -  3,047 words
    • Article, Illustration
      Lock icon CHINA
      516 25 CLSA THE Shanghai B index edged down 1.68 points to 744.16 on low volume of US$l.9 million. Outer Gaoqiao shed 1.6 per cent on turnover of US$2lO,OOO. Refrigerator was the biggest gainer, risng by 6.4 per cent on thin trading. The Shenzhen B market fell 4.76 points to 1,022.40
      CLSA  -  516 words
    • Article, Illustration
      Lock icon TOKYO
      2531 25 Reuter TOKYO Stocks ended lower, nudged down by sporadic arbi-trage-linked selling and profittaking by foreigners ahead of the end of the trading month. In a market crying out for fresh incentives, the yen's unbending strength induced widespread profit-taking in export-oriented issues. "The yen's strength has made foreigners put back
      Reuter; Source: Bridge Info  -  2,531 words
    • Article, Illustration
      Lock icon JAKARTA
      1144 25 Reuter JAKARTA Share prices closed lower in slow trading as investors showed little interest in the market, brokers said. "The big stocks have fallen under constant selling pressure. We did not see many buy orders," one local broker said. Sentiment for Indofood, which listed recently, was stable, with its
      Reuter; Source: Bridge Info  -  1,144 words
    • Article
      CLOB INTERNATIONAL
      2344 26 Promct 4.9X1,000 Palmco Hldgs 3.169.000 Mulpha Intl 50c 1.812.000 Kamunting 50c 1.641.000 Idns Hyd 50c 1.125.000 Fabcr Group 1.119,000 Mulli-Purpose 871,000 Lien Hoe TSK97 839.000 KL Indus!rics 804.000 CASH 50c 653.000 Kcnong Bhd 50c 559.000 M Resources 513.000 Kcmayan 50c 488.000 MOST ACTIVE value Promt! 8.173.360 Palmco HkJgs
      2,344 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rise amid hopes of good half-year earnings
        5674 26 Bloomberg Business News KUALA LUMPUR Stocks rose for a second day amid high hopes for half-year earnings at several companies and investor enthusiasm for an upcoming bonus issue by gaming giant Genting Bhd. "What we're seeing is bargain-hunting and bottom trawling in
        Bloomberg Business News; Source: Bridge Info  -  5,674 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7682 27 Cc Cr M *l .004 Last Vol D»> l«l Quote Di. Dh VM Net Co _A«t 111,1, u, Cum|M>) Sak 000) IIH1I1 Low Bayer Seller Or PIt Sm.l Pri« INDUSTRIAL AND COMMERCIAL 1440 MS s Aetna 990 unch II 990 990 990 995 17 5 2.1 18 15 8 6824
        7,682 words
      • Article, Illustration
        Lock icon Share prices reined in by US rate doubts
        1840 28  -  By R Sivanithy SINGAPORE Blue chip prices ended higher yesterday, but the broader market fell victim to lingering interest rate uncertainty and a weak Malaysian market. In unimpressive volume, the Straits Times Industrial Index finished 13.04 points higher at 2,212.26. And although
        Charts by Bridge Info; Source: Bloomberg  -  1,840 words
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      Page 17 Advertisements Column 1
      378 17 NEWS VALUE How today 's new s might affect your stocks Share trading at selected bank branches from Friday (pg I) Can only be good for the market. The small retailer gets to trade and remisiers are freed of their smaller clients. 400 ha at Yk> Chu Kang area slated
      378 words
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      23 19 SAFARI ADVENTURES lAMY BALMAR marketing Cflral 9 f/f TEL: 235 9577 jy Member of Jebaen h lessen Croup of Companies South East Asm
      23 words
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      Page 19 Advertisements Column 2
      175 19 Competitive Interest oi Foreign Deposits: and it all comes back to yon For as little as US$lO,OOO, you can start an investment in any of the major foreign currencies with Westpac. Besides AUD, USD, NZD, Sterling and Deutschemaric, we also accept deposits in other major currencies. Managing your deposits is
      175 words
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      Page 19 Advertisements Column 3
      71 19 Unlike other restaurants, we have a way of serving wine. In a glass. PC PA*'* There are now more reasons to visit Maxim's, Singapore's most romantic French restaurant A complete range of fine wines, that you can even order by the glass. And a mesmerising new menu from award-winning chef
      71 words
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      Page 20 Advertisements Column 1
      768 20 (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of ASEAN Fund Limited wishes to make the following announcement: RESULTS FOR THE HALF YEAR ENDED 30 APRIL 1994 (these figures have not been audited) 1 Nov 93 1 Nov 92 to 30 Apr 94 to 30 Apr 93
      768 words
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      Page 20 Advertisements Column 2
      98 20 wKr An intelligent 25-storey office tower to be augmented later with two 8-storey industrial blocks. With all the amenities and facilities that only a state-of-the-art complex can have. And nestled in a favourable location that offers easy accessibility to enhance business communications. For more details on how your business can
      98 words
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      Page 21 Advertisements Column 1
      83 21 A DELIGHTFUL EUROPEAN LIGHTING SELECTION AT DELIGHTFULLY LOW PRICES. Light ip yotr lifestyle with the latest designer lighting collections from Inly tnd Spun. All going at delightftl discounts too good to resist UP TO 40% OFF! So better hurry oyer to otr Plait Singapnra Showroom before we turn on all
      83 words
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      Page 21 Advertisements Column 2
      369 21 This announcement appears as a matter of record only UNITED INDUSTRIAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) Renounceable Rights Issue of 225,265,553 Rights Shares of Ssl.oo each with 33,789,833 Free Warrants at Ssl.lo for each Rights Share t»i Manager United Overseas Bank Limited United International Securities Ltd Citicorp
      369 words
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      681 23 TOLL-FREE TEL. No. <-«XV74I-1883 FAX:7*I-129ft r In TTw Matter Of The Compenieo Act. Cap 50 And MULTHMMA, MMHMM ft MFOMaATION PTE LTD (In Member*' Voluntary Liquidation) At an Extraordinary General Mselina of the Company duly convened and held at 362 Upper Paye Leber Rood #07-14 Do Jn Factory Buiding Singapore
      681 words
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      Page 23 Advertisements Column 2
      30 23 \s and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. I ■Find the right distributor for your product IpPfll H
      30 words
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      54 24 i ■bwuihb ~,hm< nrmw <>• t»«iiiib hiwhw w f«cc*v»* of Q l toil AO INT THE HOUR GLASS Octvord Rood 1603 Tong fcjHO«ng $4r>Qopo<» 0933 T« *****97 THE HOU R CjLASS Q[ B UNOAKMI TK HOUR GLASS Toko#vmova Sdopcwg C«nt>« I«i *****20 Lucky PUZO T«t *****62 Scotn M *****27 QUALITY
      54 words
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      68 25 fjp jp (P jp (p (p~|p""if (P jp jf (p (p (p (p (p (p (p if (f y(p(p f EC CALENDARS WITH A t Local Flavour Good design makes the difference! The Thai stock market was closed for Khao Pansa Day H,eH STAKES Don't get shortchanged, go for a
      68 words
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      Page 27 Advertisements Column 1
      38 27 over m on honoured at over 12 million establishments, MasterCard puts the whole world in your hands. And it gives you easy access to worldwide.:;ffjj j RLAV SMART i Be part of the good life. Lifestyle. Everyday. BusmessTimas
      38 words
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      Page 28 Advertisements Column 1
      336 28 NOTICE NOTICE IS HEREBY GIVEN that, I KWANG TONG CHIANG of Apt Blk 83, Lorong 2 Toa Payoh #01-459 Singapore 1231, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Bee Teck Mini-Marts at Apt Blk 83, Lorong 2 Toa Payoh #01-459 Singapore 1231, and
      336 words
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      Page 28 Advertisements Column 2
      15 28 Make new business contacts through classification -tfs. 203 in The Straits Timefc Classified, cjlta 1737-1|
      15 words
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      Page 28 Advertisements Column 3
      478 28 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 IAX 741-1298 INFORMATICS HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of INFORMATICS HOLDINGS LTD will be held at Informatics Building, 5 International Business Park, Singapore *****n Friday, 19th
      478 words
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      Page 28 Advertisements Column 4
      365 28 NOTICE NOTICE IS HEREBY GIVEN that, I YEE KOK WYE of 153 Mt. Pleasant Road Singapore 1129, have applied for a Public House 2nd Class Licence in respect of premises at M/s Nikko Food Catering Services at 153 Mt. Pleasant Road Singapore 1129, and that this application will be heard
      365 words
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      Page 28 Advertisements Column 5
      471 28 IN THE MATTES OF THE COMPANIES ACT CAP 59 AND IN THE MATTES OF AVERIL TRADING PTE LTD (la whin' VoluUr) UfMMlaa) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Sectioa 308 of die Companies Act Cap SO thai a Final Meeting of the members of the above-named
      471 words
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  • SHIPPING TIMES
    • Article
      Lock icon US rule puts oil pollution claims at risk, Intertanko says
      416 29 Knight-Ridder LONDON Interim US rules on guarantees of financial responsibility for oil pollution compensation could hamper the US system for handling such claims, the head of the International Association of Independent Tanker Owners (Intertanko) said recently. Testifying in Washington DC
      Knight-Ridder  -  416 words
    • Article, Illustration
      Lock icon Trading goes on despite embargo
      42 29 Reuter PORT-AU-PRINCE, Haiti Local cargo boats carrying goats at a dock in the Cite Soleil slum on Sunday. Despite the trade embargo, livestock and other food products produced in Haiti continue to flow into the capital. Reuter
      Reuter  -  42 words
    • Article
      Lock icon New Zealand Rail to offer fast ferry service
      289 29 Bloomberg Business News WELLINGTON New Zealand Rail Ltd said yesterday it will introduce a rapid ferry service across Cook Strait, the sea dividing the country's two major islands. New Zealand Rail is controlled by US-based Wisconsin Central Transportation Corp. The company is
      Bloomberg Business News  -  289 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      818 29 Page Cot Accord Group 8 1-3 Ahrcnkiel Liner 4 1/2 •APL 5 3-5 •Appenship 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
      818 words
    • Article
      Lock icon Canadian Pacific to buy Cast Group container shipping business
      284 29 Knight-Ridder LONDON Canadian Pacific Ltd announced last week that it is to take over the container shipping business of The Cast Group Ltd. The Montreal-based company said the deal is expected to be finalised by Oct 31, but did not disclose
      Knight-Ridder  -  284 words
    • Article
      Expenses in ship arrest cases can be enlarged
      584 29  -  ADMIRALTY CASKBOOK This is a fortnightly column that highlights important shipping court cases By Ramesh Divyanathan SINGAPORE The High Court has ruled in a ship arrest case that the category of "Sheriffs expenses" can be enlarged to include expenses incurred without the
      584 words
    • Article
      Lock icon Shipping costs affected by changing world trade patterns: report
      253 29 Bloomberg Business News HONGKONG The cost of shipping on international trade routes has fallen to levels not seen since 1992 as trade between the world's major economic powers slows and regional trading increases, according to the Hongkong Bank. In the 1980s,
      Bloomberg Business News  -  253 words
    • Article
      Daily Freights
      830 30 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,436 on Friday from 1,433 on July 21. Capesize rates are firm in the Atlantic with brokers optimistic that should be maintained in the near term. Hyundai Merchant Marine took the 1980-built, 132,597-deadweight-tonne lolcos Victory for
      830 words
    • Article
      THE SHIPPING GUIDE
      13351 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      13,351 words
    • Article
      SHIPPING AGENTS
      3331 43 Containeriine NV: Bclsin Shpg Agencies Pte Ltd (SyMarinc Handling S4n Bhd (PK/PN). Vfpord Group: Accord Shpg Pte Ltd Contr Line (PK/PN). Business Corporation Philippine: Crisource Shpg Trdg Pte Ltd (S) Vfcrenkiel Liner Service: Kim Shpg r«Jg (S). V&atros Sea-Air Service: Frata Shpg Pte L* (S). vied C loepfer
      3,331 words
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      COURIER SERVICES
      287 43 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air txpms 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 Td: 344-3377. Fax: 345-6450. Cluster Link Supplies A Services
      287 words
    • Article
      AIR FORWARDERS
      1497 43 Abex Kxprevs Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroiink Freight International Td: 545-8033. Fax: *****05. Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74. *****50. Air
      1,497 words
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      PORT CONDITIONS
      3109 44 ALBANIA Dunes: One vessel in port discharging bagged flour, no vessels waiting in roads. ARGENTINA Santa Fe, Diamante: No vessels berthed, none in roads, none due. San Lorenzo: Five vessels berthed of which 1 loading soya bean meal, 1 soya bean oil, 1 soya, 1 wheat, 1 by-products,
      3,109 words
    • Article
      CRUISE & FERRY SCHEDULES
      334 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dtp Name of Vessel ETA LTD Ports of Calk Fort Agent Telephone No JULY 26 26 Langkapuri Star 1800 2200 Penang Jardine Shipping 224-1052 Aquarius Agencies 29 29 Renaissance 2 1100 2030 Cruise to Nowhere Lines Intl Holdings 224-2763 29 29 Leisure World 1300
      334 words
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      Lock icon SHIP SALES & TANKER RATES
      725 44 SHIP SALES TANKER RATES AFP 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
      AFP  -  725 words
    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        615 45 Viwl Voy Wo Borth Arrival Poparturt Vmd Voy Wo Berth Am*al Dtpartwe Jurong Port VKtor* 9 1/94A POIA alongside 26 07/woo Batam Mali N132A 17 iongside 26.07/0200 Aung Mn San 003 P01A 26 07/0900 26 07/2300 Batam Mucni 07/07/94 112 26.07/0200 Aunglanwmt 1/94 POIA 2607/1730 2707/2300 0m
        615 words
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        CONTAINER SCHEDULES
        1132 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Bookinf/Babnce Rslts Ship Voy No Etb/Btr Period From To From to swn 128* 27/1500 2A 25/1700 26/0659 26/0900 4 26/1200 26/1459 26/1700 Ma Bh*n MR 26/2200 1A 25/1500 25/1659 25/1900 Nta
        1,132 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        554 45 Carbon Crtn My 21 Dtraty Wthr Readu* Mi MunMan Swteunt OmRt Watw Mfct M «kMm Mm* M M M/M Enon KG M*3 V/V M/M M/M PPM method W/IT3 V/V M/M M/M PPM method Eastern USA 180 Ave 983 0.4 13J 0.09 10 0.02 BO/Onac LimAs Spec
        554 words
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        COCKETT BUNKER MARKET REPORT
        954 45 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
        954 words
    • Article, Illustration
      Lock icon Improved technologies to lift LNG demand
      1003 46  -  Marie-Francoise Chabrelie, economist with Cedigaz France, looks at the future of liquefied natural gas in the Mediterranean and elsewhere Marie-Francoise Chabrelie Seatrade Week Newsfront Today the lng (liquefied natural gas) trade accounts for only 13.4 per cent of total gas supplies but is expected
      Seatrade Week Newsfront  -  1,003 words
    • Article
      TRANSPORT DIARY
      730 46 COURSES Title: Principles of Shipping Documentations and Practices (SDF 70%) Duration: Aug 4 Oct 27 OrgJuiiser Singapore National Shipping Association Tel: For further details and application forms contact SNSA at 278-3464 or fax: 274-5079. Title: lATA-FIATA International Air Cargo Diploma Module I Course (SDF Case-By-Case) Duration: Aug 10
      730 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Air France rivals hope for tight conditions on bailout
        566 48 Bloomberg Business News PARIS The European Commission is virtually certain to approve this week a massive government bailout of Air France. The question is, on what conditions? European Union airlines, their lawyers and other parties interested in EU policy on state
        Bloomberg Business News  -  566 words
      • Article, Illustration
        Lock icon International space effort
        45 48 AFP WASHINGTON This Nasa drawing shows what the International Space Station may look like in its fully ope rational state. Nasa will work with space agencies from Europe, Canada, Japan and Russia to make this the largest peaceful international scientific project. AFP
        AFP  -  45 words
      • Article
        Lock icon Japan's vehicle output down 3.2 pc in June
        220 48 Bloomberg Business News AFP TOKYO Japan's four-wheeled vehicle production fell 3.2 per cent in June from a year earlier to 956,662 units, the Japan Automobile Manufacturers Association said yesterday. It was the 21st consecutive monthly decline from the year before, the association
        Bloomberg Business News; AFP  -  220 words
      • Article
        Lock icon FAA forced to abandon plan for radar sites in NY
        511 48 NYT NEW YORK Long Island residents, backed by Alfonse D'Amato, a senator, have forced the Federal Aviation Administration (FAA) to abandon the two sites it had chosen for huge radars to monitor dangerous wind conditions at Kennedy and La Guardia
        NYT  -  511 words
      • Article
        Lock icon Israel, Jordan reach pact on airline overflights
        169 48 AFP JERUSALEM Israel and Jordan reached a basic accord here on Sunday allowing their national airlines to fly through each other's airspace, Israeli Transport Minister Israel Kessar said. Ministry spokesman Eli Danione said Jordan had informed Mr Kessar that Amman "approves in principle"
        AFP  -  169 words
      • LOG BOOK
        • Article
          Lock icon British Midland, Alitalia team up
          84 48 Reuter LONDON European regional airline British Midland Airways said on Sunday it has joined with Italian national carrier Alitalia to share flight codes so they interlink their route networks on booking systems. Under the deal. Midland will offer services via London Heathrow to Rome, Milan,
          Reuter  -  84 words
        • Article
          Lock icon Continental matches carrier's fare cut
          98 48 Bloomberg Business News HOUSTON Continental Airlines' service between Houston and Monterrey, Mexico, is being challenged by Aeroexo, a small charter airline that is offering non-stop flights for U5549.50 (5574.70) each way, the Houston Chronicle reported last Friday. The promotional fare, which was matched by Continental,
          Bloomberg Business News  -  98 words
        • Article
          Lock icon Bremer Vulkan's 1st-half sales up
          113 48 Bloomberg Business News BREMEN, Germany Shipbuilder Bremer Vulkan Verbund AG said last Friday a surge of orders for new ships has helped boost half-year sales by 23 per cent to 3.2 billion deutschemarks (Ss3 billion). Group sales rose to 3.2 billion marks from 2.6 billion
          Bloomberg Business News  -  113 words
        • Article
          Lock icon Northwest to provide staff for KLM
          83 48 Reuter MINNEAPOLIS Northwest Airlines' Pacific division said last week it will provide flight attendant staffing for KLM Royal Dutch Airlines NV's service from Osaka, Japan, to Amsterdam, Netherlands. Northwest will hire 18 Japanese flight attendants to staff the KLM flights, beginning with the opening
          Reuter  -  83 words
      • Article
        Lock icon Nissan to do safety checks on 700,000 cars
        322 48 Reuter TOKYO Nissan Motor Co Ltd is calling in some 700,000 cars for comprehensive safety checks after a Transport Ministry survey found that more people have died from carbon monoxide poisoning in Nissan cars in the past nine years than in other
        Reuter  -  322 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1368 48 g& nm CTA fit n»_ him MmM GA892 0255 GA882 1940 MtM* Qf81 1925 QF82 2055 SQ228 2120 imiiiiim KL837 1450 KL844 0035 GA893 1510 GA892 0255 KL838 2300 SQ26 2355 Mtnm SQ348 2250 >55 NZ73 1550 SQ288 2045 SQ286 2040 NZ74 2340 Balrato Gf 148
        1,368 words
      • Article
        Lock icon US car makers shift focus to second-hand market
        462 48 NYT DETROIT US car makers, historically obsessed with offering the freshest shapes and the most advanced gadgets, are increasingly shifting their attention to something older: the booming used-car market, estimated at twice the size of the new-car market in the US. For
        NYT  -  462 words
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      34 29 (westfaua\ SEPARATORS Always on Course FOR SERVICE AND SPARE PARTS SUPPLY, PLEASE CALL fiOOOOOOO Improved technologies expected to lift LNG demand, Page 18 Air France rivals hope for tight conditions on bailout, Back Page
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      25 29 Lines and service* 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
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      Page 29 Advertisements Column 3
      34 29 7 M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALLOQOQQQQ HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. Singapore 9 m BusmessTimes WE KNOW ASIA
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      2046 30 ffimaniT*,,, import.... import.... I NORTH AMEWCAI I OTHER DESTINATIONS I I Willi finl in-— I rernAxrcoAtrmmiummDAtimta I «wo«wcmx>w«nilwuctwon«wtcowt) VOT STOK U OAK I vat SEA OAL |hOUSTOn| CMC NT I MEXICO OTT VESSEL STOK HEM MB MOWTEWIO WO OE IAIEMO SANTOS tun PAUMA PARAIIAGUA lESSEI/VOT HO 10S ANGELES OAKLAND VANCOUVER
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      2117 31 A/y*i /Q\ DTP LTD JAUDIMF SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 ppLamt G JA TFI" atll** 7 FAX SMBI 5342 CFS 03 *****42 CR NUMBER **********0 C ,PO H TEL- *****3/4 FAX M 270« DOCUMENTATION TEL: *****55 (INWARD>/*****90 (OUTWARD) IP pTC
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      1812 31 mamssnmsm U.S. EAST COAST VIA ALLWATER ALGECIRAS BAY V.5577 ETA SIN 29TH JULY 94 MADISON MAERSK V.9408 ETA SIN 2ND AUG 94 VMM* Voy ETA ETO Feednad by h^— s r: T n; destinations ri*» «Hk madison MAERSK V 9408 j um«MwrenTy?r'i^n-i [iAiiii3S» 02'06 0800 HRS CFS 01/08 2358 MRS
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      1555 32 AOABA B'DAM/ [I ALSO ACCEPTMQ FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE MALAYSIA FRANKFURT EXPRESS 74/129 27/7 '3/8 '6/8 '*'8 Port Kelang. Penang LEVERKUSEN EXPRESS 19/329 30/7 6/8 15/8 '7/8 20/8 22/8 24/6 Paslr Gudang KATSURAGI 22/130 3/8 20/8 23/8 21/8 EAST
      1,555 words
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      584 32 f AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharun) C.1.5./RUSSIA: Vonodwi, Vladivostok, Moscow. Baku, Tashkent Irkutsk, Alma Ala, Aahgabad, Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Oceania V.2254 02/8 30/8 j Ned America
      584 words
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      Page 32 Advertisements Column 3
      1200 32 NORASIA I VSL/VOY SIN ALG BCI VAI HAM BRE ROT ANT FEL LHA VILE D'AQUEA AO4W 26/07 23/08 17/ SEA MACEDONIA ***** 27/07 19/08 20/08 21/08 22/08 23/08 24/08 26/08 MLLE D'HYDRA HO4W 02/08 30/08 24 NORASIA AL OMITA2AH 9430 3 03/08 26/08 27/06 29/ M 30/08 31/08 01/09 03/09
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      1319 33 WW STRAITS SHIPPING PTE LTD ■BBS 10 Hoe Chiang Road #11-01 Keppel Towers Td: *****88 Fax: *****17 l MMIMMMMMMMMUUIMaMJIMI NEW GUINEA PACIFIC LINE jctTOp <a service of china navigation co> cargo m* s«is OmMr STRAIT J PRBE VI4E Mujra Lab. KK 26-27 M 21 M 30 M FCL, LCL CONTAINER
      1,319 words
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      Page 33 Advertisements Column 2
      3330 33 SINGAPORE AGENT: DfiiO OiriAfC p&0 Containers (Singapore Agencies) Pte Ltd W I a.m m W vjill ll£|l 1 ICI 9 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 w Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VESSEL VOY •MM "PKO
      3,330 words
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      593 34 ijK EKA JAYA AGENCIES >ai|r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE I HO CHI M—ICtTY PAOtW HAHPyHONt/PWCCT I HBHRY KQf 21Hd Z J i i— iißirr* 1 TO VIETNAM/HCMC CONTAMUI-FEIDtR SERVICE CENTER-POINT K \m LINES <tna wy n>STOK m ltahchc ■a mm 2120 3i a? ci.
      593 words
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      Page 34 Advertisements Column 2
      1654 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 Ft* wi P"!* H*m «A rw rein* *a sm lune haul saw im ktc HANJ4N SUTTIE 034£ 30/7 O«£CT 11/ l IJ/I 20/1 HAIWI S(ATTI£ 03« 30/7 M tSU 017€ l/» 2/» 4/J HANJ4N fELIXSTONE 0221
      1,654 words
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      1485 34 T j A Mil I I k L_M—l^—J— I nt so ix wt nc nis mi os u sw no in cm w me u« mm km n* iw ne cm m mp Kl- GUMfT H 047 21/7 27/7 1/1 1/1 VI I/I l/l 11 1 11/1 12/1 11/1 *4/1
      1,485 words
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      1991 35 H II SCX: 'KASUGAI36E' ETA SGP 27/07/94 l| H II ARRIVING LOS ANGELES 13/08/94 IN 16 DAYS H RwfwOflv II AEX:'NEPTUNE RHODONITE 16E'ETA SGP 27/07/94 II H II ARRIVING NEW YORK 20/08/94 IN 23 DAYS vtS ,n VOY IM LOS OAK VAH SET ATI. CCC. CLE (LB DAL DET HOC
      1,991 words
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      Page 35 Advertisements Column 2
      1185 35 A MULTILINE SHIPPING PTE LTD wm (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 X BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697
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      1319 36 4fc_ "TI AS AGENTS: "K" LIME (SINGAPORE) PTE LTO (C* MO: **********0M/6ST REG NO: M2-*****»-«) K TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W W IkT *7* MALAYSIA: LINE MARITIME (MALAYSIA) SON BHO I Mm J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A INDONESIA:
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      Page 36 Advertisements Column 2
      1089 36 @APPENSHIP Ov; HAMBURG CONVENTIONAL INDEPENDENT LINER SERVICE V/ Z EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DtSCHMGE/LOMNNG FOR ANANGEL PEACE RTM 06/07 SPORE 05/08 SEAKITTIE HAM 01/07 SPORE 19/08 ELENA V ANTW 05/07 SPORE 06/08 /4?iv ISLAMIC REPUBLIC OF [accepting cargo to gulf ports J IRAN
      1,089 words
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      938 37 H/ssSSflll PACIFIC INTERNATIONAL LINES (PTE) LTD J 140 Cecil Street, #03-00 PIL Building, Singapore 0106. £••**l SSSSSSffK mi CR NO **********0E I > I-TiTi■!n»■«! FwM llllB>lll'fcilPl I B 1 I tlllw i r y ESSEL VOY SIN CMS JIB HOO JED AOJ ADE PZU MSW ASA > I*: KOTA SERLIAN
      938 words
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      Page 37 Advertisements Column 2
      981 37 ttssus VOY I sm I u HAvtt hmmc thamis Kontwom Antwerp WILE DAQUA.A AO4W 28/07 17/08 H/M 20/08 »/08 23/08___ VHL£ 0' HYORA HO4N 02/ M 24/08 2«/08 27/08 Z»/0» *>/<» WILE 01 LYRA TO4N 09/0< 31/08 02/09 03/09 <K/W 06/09 Mill M VIC* GO4N 07/W W/W 10/09 »/0» >3/09
      981 words
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      Page 37 Advertisements Column 3
      543 37 bsa MYANMA UA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdt AVA Vl29* 03/04 Auf 27/02 Auf HP*UN V2O4W N/31 Jul PA THEN ¥130* 00/09 Auf 30/07 Auf PAGAN V2I2W 12/14 Auf 00/10 Auf MALAYSIA AGENTS BOUSTEAO SMPPW6 AGENCES KUL TEL 03-2****** PKL TEL
      543 words
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      1839 40 PEftSMN WLF^I ®fIV M fIH m MS C^HPliiilHiiii^ r CTiinr Firuuir ill v S Z P :'I N 7 G OS PTE LTD *****41/844 (fontainerSc BJL o+u4u* S Skanton way *17-08 Teiex ***** COSHIP rnnvntianal- *****50 0/0: *****85 Conventional. 4/05/46 tEJSSS? 2 ffSmtmmSmu SS,™' 5 tmtt* S« Docs: «***** M
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      744 40 /■HICROATIA LINE A I EX JU6OUNIJA) I *ssa spoke n m lowing fo» 10SMJ 24 AUG V AUG Alexandria. Beirut. Istanbul. Trieste. Koper. lattakia Umassol. Mersin. P Said. Riieha. Venice SIOVtMJA lb SfP 18 SIP do G«n*ral Agents: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala lumpw Port Kelant Penan t
      744 words
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      Page 40 Advertisements Column 3
      177 40 /^NORBUU^ I HORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I I UMBER AND PLYWOOD SERVICES FOR I SEA SONNET 01/1 FIU/RMM/MIT/W I TIANUNG 10/« 12/1 FIU/MIT/lK I I NOR BULK TBN 20/S 24/S D6N/CPT/EL I AISO LOADS TAWAU. KK. TG. MAN! PK SWK/SABAH LOADING FOR NOR BULK HNE 20/8
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      648 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 31/7 ROTTERDAM 30/7 AARHUS/COPENHAGEN 31/7 HAMBURG/BREMEN 31/7 MARSEILLE/FRANCE 03/8 FEUXSTOWE/UK 01/8 BARCELONA/SPAIN 01/8 LEHAVRE/FRANCE 27/7 GENOA/ITALY 01/8 ANTWERP/BELGIUM 01/8 LOS ANGEIES/WC/IPI 30/7 SYDNEY/MELBOURNE 29/7 NEW YORK/EC 30/7 FREMANTLE/ADELAIDE 28/7 VANCOUVER 29/7 BRISBANE 02/8
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      1829 41 W»«»~~ I 1 WiIi^MBSBM^IMB MVI 1 1 fll 1 1 V 1 VESSEL VOY SIN PEN WAN A BMUM 30/7 AKA BHUM 146N/S Tut In PI Tlhi 21/7 [VESSEL VOY SIN SKK IBBA BHUM 818 Fri 2>/7 Tu* 2/8 oej* BHUM aiTT 81 30/7 j^B VANTRA BHUM HN Tut In
      1,829 words
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      1593 42 MAC-NELS SPORE: *****22 (24 LINES) v-j w >QJ* hk hiiit SIBU (064) *****9 KUCHINQ (062) *****3 PCNANQ: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOfI/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 27/7 28/7 29/7 HKG/BKK/KEE/KHH Gonoa/Barcetona/Marseies
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      Page 42 Advertisements Column 2
      181 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ll* HI EH SPQK rail KEIMG KMANG BLUE MK 10/7 Loading to< tt* RIMM HUCHU 20 8 Loading tor Dubai OOIfWI hi Pott S loading rcm kbit PHtll SUPKI* 3 8 l(MdNi« Foi Malf UMCICM 8 8 loadHHi fot KUk FtOGKSS IBHIY
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      1180 42 P THONG SOON UNES PTE LTD I I 78 SHENTOM WAY #10-01, SWGAPORE 0207 I I \y Ttt: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRO, RS ***** JENHOL CABLE: TOSOCO I Jk oOO*t <. SINGAPORE TO SARAWAK S |NGA PORE T^THAILAND VESSEL VQT S'PORE PEST VESSEL jgT S'POM
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      465 46 VESSEL VOYAGE SUGAPORE MAMLA LANKA MAHAPOLA 940Q6N 29/Q7 (FRI) 03/QS (WED) PEBVOMAYSK *****N 02/08 (THE) 06/0« (SAT) WJLY VIGOUR PACIFIC *****N 05/0« (FRI) 10/08 (WED) FTO T nKDAT LANKA MAHAPOLA I 94M?W /0< r VESSEL VOYAGE SINGAPORE GENERAL SANTOS DAVAO CEBU MKOtAY MOROZOV *****E 31/07 (SUN) 06/08 (SAT) 07/08 (SUN)
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  • Page 46 Miscellaneous
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      Page 46 Miscellaneous Column 1
      660 46 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 M 3.0 3.1 30 2.6 2.0 1.3 OS 0.5 0.4 0.4 0J 1.4 2.1 2.4 2.5 2.4 2.1 1.5 14
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      795 47 I A HYUNDAI I I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 fKE« PGD* VESSELS VOY SW ATM ANT* LEH* HAM Bttj F£L 27/07 29/07 30/07 H. EXPLORER 312W 01/01 19/00 21/01 22/00 21/00 21/01 23/00 03/00 05/00 06/00 NOR FRBOURG 312W 00/00 26/00 20/00 29/00 20/00 20/00
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      Page 47 Advertisements Column 2
      503 47 STRAITS/ JAPAN/ STRAITS SERVICE f SPECIALIST IN RO-RO HEAVY LIFTS L INBOUMD VESSELS VESSEL VOV SP PR KIIC KK MM SONBM 71 3/S l/» I chmtion timxi 40 7/s vs ORANGE MOON 54 U/l KOUSHUN 41 31/7 1/1 OUTBOUND VESSELS LOADING FOR HO CHI IHH t HAIPWOK I (PURE CM
      503 words
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      Page 47 Advertisements Column 3
      982 47 [ftSSQ |WT ISWETA/O [LAX 1 OAK ICM I DAL NEM/COl HOU NYC |NOR MACXWAC BRPGE 7IA 21/07 14/ M lt/04 17/01 11/08 11/01 19/01 H/M 20/W ALLBATOR TMBTH MA 04/01 21/00 23/01 24/00 23/ M 25/ M »/0« 20/01 27/01 GEORGE NASHN6TON BRPGE MA 11/01 21/ M 30/ M 31/01
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