The Business Times, 27 July 1994

Microfilm: NL19568
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times MITA(P) 010/12/93 Wednesday July 27 1994 WL KNOW ASIA 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow down 3.57 points
      64 1 Reuter NEW YORK Blue-chip stocks fell at midsession yesterday, tripped up by losses in key components of the Dow Jones index. In the broad market, declining issues led advances 5-4 on New York Stock Exchange volume of more than 137 million shares at lpm EDT. The
      Reuter  -  64 words
    • Article
      Lock icon Derivatives guidelines
      29 1 Bloomberg Business News BASLE International banking and securities regulators yesterday issued guidelines aimed at reducing risks in the US$l4 trillion (Ss2l trillion) derivatives market. Bloomberg Business News
      Bloomberg Business News  -  29 words
  • Article
    MARKET SUMMARY
    162 1 Stock market Indices Tuesday Change ST1I 2,206.04 -6.22 KLSEComp 1,008.31 +3.93 Nikkei *****.37 +47.71 Hang Seng 9,194.36 +19.74 SET Index 1,346.50 -1.56 Jakarta Comp 454.36 -0.76 CLSA China B 990.21 +2.14 AustAllOrd 2,041.3 -7.0 FTSE 100 3,117.2 +11.1 Taesday Previous 2pm dose Dow Jones 3.738.27 3,741.84 Average of
    162 words
  • Article
    Indon power project in Paiton close to securing US$1.8b loan
    705 1  -  Foreign banks' response seen as vote of confidence in country's reforms By S N Vasuki SINGAPORE In a major demonstration of confidence in Indonesia, a consortium of international banks is putting together a huge US$l.B billion (552.7 billion) loan to
    705 words
  • Article
    HK land auction under new bidding arrangements sees better prices
    571 1  -  From Lim Soon Neo in HONGKONG TWO PIECES of land in the New Territories auctioned yesterday under new bidding arrangements went for better than expected prices, fetching a total of HK$ 1.225 billion (Ss23B million). Hongkong share prices rose as
    571 words
  • Article
    Lock icon S'pore, HK, Taipei cut US$ holdings
    276 1 AFP, Knight-Ridder. Reuter TOKYO The dollar's recent plunge has prompted government authorities in Singapore, Taiwan and Hongkong to reduce dollar holdings and switch to other currencies. The Nihon Keizai Shimbun yesterday said the Government of Singapore Investment Corp, an investment arm of the Singapore
    AFP,; Knight-Ridder.; Reuter  -  276 words
  • Article
    Royal Sporting House scores again
    240 1  -  By Markos Tando SINGAPORE Homegrown sporting goods retailer Royal Sporting House group (RSH) has struck gold. Winner of the Singapore Business Enterprise Award in 1993 organised by DHL and Business Times, it recently clinched the inaugural International Sports Retailer of the Year award presented by
    240 words
  • Article
    Jakarta bans new timber concessions to private firms
    411 1  -  From Leslie Lopez in JAKARTA THE INDONESIAN government has banned the issue of new timber concessions to private concerns and declared that state-owned agencies will assume control of timber areas once their concession periods expire. Forestry Minister Djamaludin Suryohadikusumo also announced that
    411 words
  • Article
    Govt land sales net a record $1.53b
    367 1  -  By Lilian Ang SINGAPORE The Singapore government last year reaped a record $1.53 billion from the sale of state-owned land for private residential and commercial development up nearly 67 per cent from the amount in 1992. Figures from the Urban Redevelopment Authority, one
    367 words
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      241 1 ID BRUNO MAGU Centrepoint *01-30 Tel: 737 4509 Paragon By Sogo *01-19 Tel: 734 9935 CONTENTS K? News 2 sS^a*l9Jo.2l Regional News 3,4,5 Financial 22,24 World News 8.10 Features Markets Analysis 17 Ctt>/KLSE. StS 28-30 Edrtonal 16 te®onal 26 Sports 11 World 27 tV/Utestjte 13 Currencies .24 Reg Analysis 14,15
      241 words
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      8 1 Regional Analysis: Pg u Future of regional security
      8 words
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      10 1 Hock Lock Siew: pg 19 Kuok group to the resLa
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Fewer made bankrupts
        328 2  -  By Teh Hooi Ling DO the figures you are about to read reflect trying times for some companies? Or simply greater efficiency on the part of the Official Assignee and Public Trustee? The number of company winding-up suits filed in the first six months of the year
        Source: Official Assignee & Public Trustee  -  328 words
    • Article
      Why business registration must be done in English
      194 2 ENGLISH is the language upon which our constitutional and legal system is built and therefore registration of companies and businesses in Singapore is done in English, Finance Minister Richard Hu said in a written reply in Parliament on Monday. But Dr Hu,
      194 words
    • Article, Illustration
      HDB will not be privatised though some functions are divested
      261 2  -  Yesterday in Parliament By Ramesh Divyanathan THE Housing and Development Board will not be privatised, Senior Parliamentary Secretary for National Development Matthias Yao said yesterday. But some of the board's operations were already farmed out to the private sector and
      261 words
    • Article
      Banks account for bulk of outstanding $16b housing loans
      237 2 OUTSTANDING housing loans at the end of 1993 stood at $15.97 billion, with banks, including POSBank, accounting for an overwhelming 88.5 per cent of the total. In a written reply in Parliament on Monday to a question by NMP Chia Shi
      237 words
    • Article
      June CPI highest since GST debut
      119 2 JUNE'S consumer price index (CPI) of 4.1 per cent was the highest since the Goods and Services Tax was implemented, but the government is sticking by its inflation rate forecast of 4.5-5.5 per cent, according to Finance Minister Richard Hu. Responding to a question
      119 words
    • Article
      Abdullah denies govt is passing the buck with Parents Bill
      511 2  -  By Chuang Peck Ming THE DEBATE on the Maintenance of Parents Bill continued yesterday with Abdullah Tarmugi, Acting Minister for Community Development, slamming those who contend that the Bill is a ploy to shirk government duty to look after the
      511 words
    • IN BRIEF
      • Article
        Older workers' CPF: no more changes
        132 2 AS A result of a recent review and adjustment of CPF contribution rates for employees above 55, the government feels no further adjustments are necessary, Labour Minister Lee Boon Yang said. He said that employers' CPF contribution rates for employees aged 55 to 60
        132 words
      • Article
        92,000 apply for 8,400 HDB flats
        151 2 IN the second quarter of this year, the Housing and Development Board received 91,939 requests for 8,422 flats in its booking exercise, Senior Parliamentary Secretary for National Development Matthias Yao revealed in Parliament yesterday. Of the total requests, 41,646 or 45 per cent were
        151 words
      • Article
        Inquiries into deaths in SAF
        144 2 THE Ministry of Defence conducts an independent and comprehensive investigation into all deaths from unnatural causes which include suicide cases, Defence Minister Lee Boon Yang said yesterday, in response to a query by Hougang MP Low Thia Khiang on the death of a full-time National
        144 words
    • Article
      TDB signs on as Bugis Junction tenant
      314 2  -  By Quak Hiang Whai THE Trade Development Board has agreed to take 81,570 sq ft of floor space in the office tower of the Bugis Junction complex. A director of project developer Bugis City Holdings, Lim Chee Onn, said yesterday that the addition
      314 words
    • Article
      Seiyu dept store hopes for 17b yen in sales
      233 2 JAPANESE retail developer Parco Co Ltd hopes to garner sales of 17 billion yen (SS26O million) for the first year of operations for its proposed Seiyu department store and specialty shops at the Bugis Junction project. Seishi Sasaki, executive vice-president of
      233 words
    • Article
      Kumagai-Zenecon formally wound up
      206 2 DEFUNCT building company Kumagai-Zenecon Construction has been formally wound up by the High Court. Liquidators Peter Chi Man Kwong and Michael Ng Wei Teck, of KPMG Peat Marwick, will oversee the winding up. Provisional liquidators were appointed in 1992, after the two partners in the one-time
      206 words
    • Article
      French companies in region urged to increase trade
      145 2  -  By Quah Choen Poh FRANCE'S Minister for Economy and Finance, Edmond Alphandery, has called on French companies in the region to increase their share of trade. Mr Alphandery was in Singapore on the last leg of a three-nation tour which included Vietnam
      145 words
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      221 2 Financial News A quick look at the markets! Call 24 hours a day for SES KLSE mid-day reports and closing world market reports. Cost: 30 cents per minute only. I ■■■■HI I I B I Comprising 3 integrated office towers with 39,666m J (426.960 B B square feet) of quality
      221 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon US opposes use of force to settle South China Sea disputes
      380 3  -  Asean Post Ministerial Conferences Reports from Yang Razali Kassim in BANGKOK THE United States said yesterday it strongly opposed the use of force to resolve the competing territorial claims in the South China Sea. Asean's other key trading partners
      Reuter  -  380 words
    • Article
      Asean's trading partners seeking to engage Myanmar instead of isolating it: officials
      388 3 BANGKOK Asean's key trading partners are moving away from their isolation of Myanmar and adopting its policy of engagement with the Yangon regime, Asean officials said. But partners such as the European Union and Australia, which have held
      388 words
    • Article
      Where they stand on key issues
      145 3 f A looming security challenge in this region lies in the South China Sea. The United States takes no position on the territorial claims, but we strongly oppose the use of force to resolve them. Q Strobe Talbott, US Deputy Secretary of State 9
      145 words
    • Article
      EU, Japan support S'pore bid to host WTO meeting
      299 3 BANGKOK The European Union and Japan two world economic giants yesterday gave their support to Singapore's bid to host the first ministerial meeting of the World Trade Organisation. The EU support was made known to a member of the Singapore delegation
      299 words
    • NOTE BOOK
      • Article
        Lock icon Alarm at M'sia trade deficit with Japan
        95 4 Reuter KUALA LUMPUR Malaysia's trade deficit with Japan, which reached M 516.5 billion (559.6 billion) last year, "is growing at an alarming rate", said the chairman of Arab-Malaysian Merchant Bank Bhd, Azman Hashim. "From a surplus of Msl.9 billion in 1987, the country's
        Reuter  -  95 words
      • Article
        Lock icon Penang can be centre for growth triangle
        74 4 Bernama PENANG Penang has the potential to be the regional transport and communication centre and as the financial centre for the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT). The di-rector-general of the Economic Planning Unit (EPU) in the Prime Minister's Department, Ali Abul Hassan Sulaiman, said
        Bernama  -  74 words
      • Article
        Lock icon Malaysia to rule on Al Arqam soon
        100 4 Reuter KUALA LUMPUR Malaysia will wait for a ruling from religious scholars before taking action against a growing Islamic sect which has aroused security concerns in South-east Asia, Prime Minister Mahathir Mohamad said yesterday. The national news agency, Bernama, quoted Dr Mahathir as
        Reuter  -  100 words
      • Article
        Lock icon KL to make bread a controlled item
        77 4 AFP KUALA LUMPUR Malaysia said yesterday St was making bread a controlled item from next week to regulate price rises as it stepped up a nation-wide exercise to control inflation. From Monday, bread is to be included in a basket covering nine categories
        AFP  -  77 words
    • Article
      Myanmar to boost hotel building as visitors increase
      378 4  -  By A J Leow SINGAPORE Myanmar will speed up its hotel building to cater to an expected increase in visitors in the next few years, says a senior government official. The Minister for Hotels and Tourism, Lt-Gen Kyaw Ba, said yesterday that
      378 words
    • Article
      Lock icon China, Malaysia pledge to boost bilateral trade
      455 4 AFP, Bernama BEIJING China and Malaysia have pledged to expand trade ties as bilateral exchanges hit US$924 million (551.39 billion) in the first five months of 1994, the China Daily reported yesterday. Visiting Malaysian Trade and Industry Minister Rafidah Aziz, in a meeting
      AFP,; Bernama  -  455 words
    • Article, Illustration
      Lock icon Monster truck's crushing debut
      38 4 Reuter KUALA LUMPUR "Bigfoot", the world's first monster truck, performing a car crushing stunt at a press launch yesterday in Kuala Lumpur. The "Bigfoot" show will embark on a tour of Malaysia soon. Reuter
      Reuter  -  38 words
    • Article
      Lock icon Philippines expects growth in 2nd quarter to top 4.8pc
      353 4 Reuter MANILA Philippine economic growth in the second quarter of 1994 is expected to surpass the 4.84 per cent over the first three months, a senior government official said yesterday. Analysts said the figures were positive but their impact was likely
      Reuter  -  353 words
    • Article
      Lock icon Vietnam to raise electricity prices to discourage usage
      203 4 AFP HANOI Vietnam is to raise the price of electricity across the country from August to discourage consumption that is outpacing the development of new power plants, a report said yesterday. The price hikes will target larger users of electricity while the
      AFP  -  203 words
    • Article
      Thai A-G appeals over acquittal of Song in share manipulation case
      427 4  -  FfMiri Loh Hui Yin in BANGKOK THAILAND'S Attorney-Gen-eral has appealed against the acquittal of Song Watcharasriroj and 11 associates, who had been accused of market manipulation. The Criminal Court in Bangkok threw out the case against Mr Song and
      427 words
    • Article
      Lock icon China slowdown expected to cut into East Asian growth this year
      440 4 Reuter CANBERRA The slowing of growth in China's economy is expected to restrain overall economic growth in East Asia this year. "In 1994, economic growth in East Asia as a whole is expected to remain strong but to moderate,
      Reuter  -  440 words
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      542 words
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      195 4 mind oggling At Royal Holiday Inn Crowne Plaza, we've made it touch MM for the busy executive to get with the business of doing business. We leave you with all the time in the world to plan your business strategies we take care your requirements. t T 4 If you
      195 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Taiwan allows hiring of China seamen, resumes exchanges
      442 5 Moves come ahead of new round of talks this week Reuter, AFP TAIPEI Taiwan will allow fishing boats to employ seamen from rival China and resume cultural exchanges, easing tensions in the run-up to a new round of talks later this week,
      Reuter,; AFP  -  442 words
    • Article
      Lock icon Taiwan to open construction sector to foreigners in bid to join Gatt
      367 5 FT TAIPEI Taiwan will open its construction industry to foreign companies as part of its efforts to further its application to join the General Agreement on Tariffs and Trade. In recent meetings, the United States, Japan and other
      FT  -  367 words
    • Article
      Lock icon China may let foreign banks trade in yuan
      137 5 AFP TOKYO China's central bank governor has indicated that foreign banks operating there will be allowed to conduct yuan transactions as early as next year, banking sources here were quoted as saying yesterday. The sources, quoted by Kyodo News Service, said People's
      AFP  -  137 words
    • Article, Illustration
      Lock icon Deng warns against allowing any faction to get too strong
      325 5 AP HONGKONG Chinese senior leader Deng Xiaoping has warned against allowing any faction to become too strong in the new leadership in the Communist Party and army, a Hongkong newspaper reported yesterday. The South China Morning Post quoted Chinese sources
      AP  -  325 words
    • CHINA WATCH
      • Article
        Lock icon Pudong foreign trade volume up 153pc
        95 5 AFP SHANGHAI The massive Pudong development zone saw its foreign trade volume surge 153 per cent to US$l.64 billion (552.4 billion) during the first half of this year, according to a report published yesterday. Total imports hit US$9lO million, a 157 per cent rise
        AFP  -  95 words
      • Article
        Lock icon HK will get fewer China troops: report
        85 5 AP HONGKONG China will station only about 4,000 troops in Hongkong after the Chinese takeover in 1997, far less than had been feared, a newspaper here said yesterday. The independent Chinese-language Ming Pao quoted Chinese sources as saying China feels that the smaller
        AP  -  85 words
      • Article
        Lock icon S Korea, China to sign air pact
        83 5 Reuter SEOUL South Korea and China have agreed in principle to sign a long-awaited aviation pact which will allow regular direct air services between the two countries. South Korean state radio reported yesterday. Korea Broadcasting System radio said officials of the two countries
        Reuter  -  83 words
      • Article
        Lock icon Archaeological find in Paracels
        70 5 Reuter BEIJING China said yesterday that it has made a major archaeological find of ancient Chinese objects in the disputed Paracel Islands. Archaeologist and history professor Wang Hengjie found coins from the Western Han Dynasty (206 BC to AD 24) on the islands in the South
        Reuter  -  70 words
      • Article
        Lock icon Taiwan women can enter army schools
        55 5 Reuter TAIPEI Taiwan's army and navy academies will admit women students this year for the first time, the Defence Ministry said yesterday. Fewer men are applying to enter military schools while the number of women interested in becoming soldiers has risen in recent years,
        Reuter  -  55 words
    • Article
      Lock icon HK Special Branch officers threaten to tell all
      267 5 AFP HONGKONG Several former Hongkong Special Branch officers have threatened to reveal details of their clandestine operations in a row with the government over their safety after 1997. The 16 officers, all constables, are angry at being excluded from a scheme to
      AFP  -  267 words
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      35 5 Franc* Flexible you can take advantage France or for your As a to your or as your exclusive partner, the in including services from network design What* s France guarantees For Marc France Telecom H
      35 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Japan needs to deregulate its economy, says govt agency
      489 6 Report warns cost of living too high, suggests relook at lifetime employment Bloomberg Business News TOKYO Japan needs to deregulate its economy and reexamine its system of lifetime Sj&nployment, the Economic planning Agency said in its annual white paper on the
      Bloomberg Business News  -  489 words
    • Article
      Lock icon Aussie inflation likely to rise above 3pc but rate rise seen as unwarranted
      389 6 AFP CANBERRA Australia's inflation rate will rise above 3 per cent in 1995, but higher Official interest rates as a preemptive strike against inflation Ere "unwarranted". The Department of Foreign affairs and Trade yesterday that low private
      AFP  -  389 words
    • Article
      Lock icon Sri Lankan ruling party woos voters with welfare plan
      228 6 AFP Sri Lanka's ulmg party yesterday unveiled [s manifesto for next month's parliamentary elections, prompittg sweeping welfare meaand gifts of land to secuJty* forces. President Dingiri Banda United National larty (UNF) said it would set jp a 10 billion rupee (SS3OB
      AFP  -  228 words
    • Article, Illustration
      Lock icon S Korean PM urges economy measures to fight dry spell
      392 6 Reuter SEOUL South Koreans sweating through theirwprst heat wave fifniving WtifWy were urged hv their name nnnister eat vegetables. reduce water consumption by 10 per cent and switch off air conditioners. Lee Yung Dug made the appeal as part of
      Reuter; AFP  -  392 words
    • ASIA NOTES
      • Article
        Lock icon Seoul may abolish stock market fund
        114 6 Knight-Ridder SEOUL South Korea is considering abolishing its five trillion won (559.3 billion) Stock Market Stabilisation Fund when it joins the Organisation for Economic Cooperation and Development, the Korea Times said yesterday. According to the newspaper, a government official said the OECD has expressed
        Knight-Ridder  -  114 words
      • Article
        Lock icon Japan to raise public service charges
        72 6 AFP TOKYO The Japanese government decided yesterday to lift a freeze on increases in public service charges next year, bowing to strong requests from public service operators, government officials said. But the decision immediately drew criticism from the private sector, which said higher charges
        AFP  -  72 words
      • Article
        Lock icon Rao to bring forward Indian polls
        92 6 Reuter NEW DELHI Indian Prime Minister PV Narasimha Rao yesterday said that general elections scheduled for June 1996 would be brought forward and asked party members to prepare for early polls. "Parliament completes five years in June (1996) but he said elections will be
        Reuter  -  92 words
      • Article
        Lock icon India may liberalise import regime
        61 6 Reuter NEW DELHI India will have to liberalise its import regime further under pressure of rising foreign exchange reserves, Finance Minister Manmohan Singh said yesterday. "It is true that large inflows of foreign exchange create problems," he told Parliament. "We will have to further liberalise
        Reuter  -  61 words
      • Article
        Lock icon Gunshot heard across DMZ
        51 6 Reuter SEOUL South Korean soldiers heard a gunshot on the northern side of the inter-Korean border on Monday but there was no unusual military activity indicating provocation, a Defence Ministry spokesman said yesterday. Tension along the four-lan wide Demilitarised Zone has been especially high in recent
        Reuter  -  51 words
    • Article
      Lock icon PNG naval troops protest over ship, welfare neglect
      369 6 AFP PORT MORESBY Three hundred Papua New Guinea navy personnel staged a protest yesterday, forcing the defence force commander to allay concern about disaffection in the ranks. Two days after a virtual mutiny on the troubled Bougainville island, protesters complained about what
      AFP  -  369 words
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      40 words
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      71 7 Engineered to move the human spirit. Romance in travel is at the heart of every Mercedes Bern S-Class. Long held as the pinnacle of motoring excellence, there is no doubt it is also the epitome of elegance, grace and beauty. And yet nothing can quite describe the extraordinary experience that
      71 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon US, Japan hope for trade talks soon
        82 8 AFP WASHINGTON The United States and Japan hope to meet again to try to resolve their dispute over government procurement before Sunday's deadline but no meeting has been finalised yet. The Japanese news agency Kyodo on Monday quoted government sources as saying the
        AFP  -  82 words
      • Article, Illustration
        Lock icon Former ministers' sentences confirmed
        74 8 Reuter BERLIN Former East German Deputy Defence Minister Fritz Streletz (left) and former East German Defence Minister Heinz Kessler looking on after Germany's High Court confirmed yesterday the original sentence and found both guilty of manslaughter for ordering the killing of people trying to flee to
        Reuter  -  74 words
      • Article
        Lock icon EU draft budget to get 2.77pc hike
        104 8 AFP BRUSSELS European Union treasury ministers on Monday agreed to a 2.77 per cent hike in the EU's draft budget for 1995 over last year in the Bill's first reading, German financial state secretary of state Franz-Christoph Zeitler said yesterday. The ministers agreed
        AFP  -  104 words
      • Article
        Lock icon UK govt to sell stake in power firms
        125 8 Bloomberg Business News LONDON The UK government is likely to sell its 40 per cent stake in the nation's two largest power producers, National Power pic and Power Gen pic, in airly 1995, National Power chairman Trevor Holdsworth said yesterday. The companies,
        Bloomberg Business News  -  125 words
    • Article
      Lock icon S Africa faces labour chaos as more sectors strike
      200 8 Reuter JOHANNESBURG Labour chaos loomed in South Africa yesterday as mining, steel, telecommunications and postal unions declared disputes with employers, adding to a wave of industrial unrest sweeping the country. Catering, metal, paper, oil, municipal and court workers are involved in
      Reuter  -  200 words
    • Article
      Lock icon Graft probe, political storm hang over Berlusconi
      496 8 Reuter ROME Prime Minister Silvio Berlusconi faced more embarrassment yesterday after a top executive in his media empire implicated the Italian leader's brother Paolo in the country's latest graft scandal. Gabriele Sciascia, the group tax director at Mr Berlusconi's Fininvest company, was quoted
      Reuter  -  496 words
    • Article
      Lock icon US in danger of losing military might: senator
      299 8 AP, Reuter WASHINGTON The United States is in danger of losing its military superiority, the chairman of the Senate defence appropriations subcommittee said, as his panel approved a budget-pinching spending Bill for 1995. "The funding we recommend will equip the force and
      AP,; Reuter  -  299 words
    • Article, Illustration
      Lock icon UN troops to the rescue
      78 8 AFP MEDJUGORJE, Bosnia UN soldiers here sometimes do more than keep the peace. These three United Nations Protection Force soldiers from Spain found themselves tackling a civilian problem on Monday. A Croatian boy's tricycle had broken down near their base near Medjugorje. The Spaniards' sector
      AFP  -  78 words
    • Article
      Lock icon EU, US, Japan and Canada trade ministers to meet in September
      213 8 AFP BRUSSELS Ministers from the quadrilateral countries of the United States, Japan, Canada and the European Union (EU) are to meet in Los Angeles in September to discuss trade liberalisation, the EU commission said yesterday. A spokesman for the
      AFP  -  213 words
    • Article
      Lock icon US move to fill BIS seats helps group take on more global role
      551 8 Reuter ZURICH The United States central bank's decision to fill its two seats on the Bank for International Settlements' board is a clear sign that the world's oldest international financial organisation is assuming a more global role.
      Reuter  -  551 words
    • Article
      Lock icon UK interest rates likely to remain unchanged
      269 8 Reuter, AFP LONDON Britain's Chancellor of the Exchequer Kenneth Clarke and Bank of England Governor Eddie George will agree to leave interest rates unchanged at their monthly review of monetary policy tomorrow, analysts forecast yesterday. "With retail prices and producer price inflation remaining
      Reuter,; AFP  -  269 words
    • Article, Illustration
      Lock icon Party chief campaigns for break-up of Canada
      452 10 Reuter CHICOUTIMI, Quebec Quebec separatist leader Jacques Parizeau, the front-runner in elections called for September, on Monday took his campaign to break up Canada to the separatist heartlaad of Quebec. Mr Parizeau, whose Parti Quebecois is leading the ruling Liberals by a strong
      Reuter  -  452 words
    • Article
      Lock icon European Union to go slow on new job laws
      453 10 FT PARIS The European Commission will this week agree to hold back the launch of further initiatives in EU-wide employment law, in an approach which will find favour with the UK government. Instead of pushing ahead with fresh directives, new emphasis
      FT  -  453 words
    • Article
      Lock icon Britain's opt-out on workers' rights may be axed: report
      105 10 Reuter LONDON The European Commission is preparing to commit itself to abolishing Britain's opt-out from the Maastricht Treaty's Social Chapter on workers' rights, the Guardian newspaper reported. It said a policy report to be published today by the Commission, the European
      Reuter  -  105 words
    • Article, Illustration
      Lock icon Chernobyl plant should stay open, say Ukraine officials
      251 10 Reuter KIEV The Chernobyl nuclear plant in Ukraine, site of the world's worst nuclear accident eight years ago and still widely condemned as unsafe, should stay open until the West offers more money, two top officials said here on Monday. "From a
      Reuter; File photo  -  251 words
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      248 words
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      175 9 1W I'our Sniom Hotel* Ltd A small note! opens in Singapore witnmeworlas greatest reputation lor service beliina it. No IV Op en Four Seasons Hotel Singapore Having exceeded the demands of business travellers from Tokyo to Muan, Four Seasons now opens its doors at the business crossroads of Southeast Asia.
      175 words
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      350 10 When investing in the This prestigious tournament features the top sleek, wind-cheating body with its aggressively sculpted elegance of one names in golf vying for over £600,000 in prize elegant lines. Under foot there's more than of the most uncom- money. In fact, we'd like to give you a free
      350 words
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  • SPORTS
    • Article
      Lock icon US sweeps the 100 metres, Lewis ends dismal fourth
      482 11 Goodwill Games NYT ST PETERSBURG, Russia Dennis Mitchell led an American sweep in the 100 metres on Monday at the Goodwill Games. But the Russian fans at Petrovsky Stadium were disappointed because the American they had come to see, Carl Lewis,
      NYT  -  482 words
    • Article
      Lock icon More golf-haters emerge in Asia — for different reasons
      587 11 More golf-haters emerge in Asia for different reasons Economist LONDON Members of the South Korean government recently renewed their vows to abstain from golf so long as they are in office; meanwhile the Japan-based Global AntiGolf Movement (GAGM) declared an international "No Golf Year". They have much public support to
      Economist  -  587 words
    • Article
      Lock icon Brazilian Cup heroes turn dirty dozen
      229 11 AP RIO DE JANEIRO, Brazil They left the US as World Cup champions, saints in cleats, symbols of hope in a country bled by official waste and corruption. A day after coming home, they were tax cheats, shameless smugglers, symbols of selfishness and greed.
      AP  -  229 words
    • Article
      Lock icon England dirty ball saga tarnishes authorities
      430 11 Reuter, AP LONDON International cricket chiefs will take no further action against England captain Michael Atherton in the dirty pocket-clean ball saga. Peter Burge, match referee in the first Test between England and South Africa, issued a statement here on Monday in which he
      Reuter,; AP  -  430 words
    • SPORT SHORTS
      • Article, Illustration
        Baseball
        50 11 NEW YORK Major League on Monday American: Kansas City 6 Chicago 4 (in 12); Texas 7 Minnesota 4. National: Atlanta 4 Montreal 6; Cincinnati 7 Houston 4; Florida 1 Philadelphia 8; Pittsburgh 6 Chicago 2; St Louis 1 NY 7; San Diego 3 Colorado 4; SF 5 LA 10.
        50 words
      • Article, Illustration
        Lock icon Cricket
        117 11 AFP LONDON England's opening bowlers both face fitness checks after being hit by South Africa's Allan Donald in the first test. Darren Gough will have a second precautionary X-ray on his damaged right arm. A preliminary check suggested nothing worse than bad bruising when he retired hurt in the
        AFP  -  117 words
      • Article, Illustration
        Lock icon Cycling
        86 11 AP PARIS The fifth-place finisher in the Tour de France has pledged to turn over his 250,000 francs (5569.500) in winnings to a relief agency helping Rwandan refugees. Richard Virenque of France also announced on Sunday that he will auction his bicycle and polka-dotted jersey, signifying the race's best
        AP  -  86 words
      • Article, Illustration
        Lock icon Golf
        114 11 AFP LONDON Kenny Perry's win in the New England Classic has lifted him 49 places to 123 rd in the latest Sony world rankings published on Monday. Miguel Angel Jimenez also moves up after his win in the Dutch Open. The new rankings show him at 52nd, but the
        AFP  -  114 words
      • Article, Illustration
        Lock icon Rugby
        59 11 Reuter WELLINGTON South African prop Johan le Roux, banned from rugby until March 1996 for biting All Black captain Sean Fitzpatrick, will appeal against the punishment, his lawyer was quoted as saying yesterday. Radio New Zealand quoted lawyer Garth Gallaway as saying le Roux considered the length of the
        Reuter  -  59 words
    • Article, Illustration
      Lock icon Rangers beat Twins 7-4
      55 11 AFP ARLINGTON, Texas Texas Rangers third baseman Doug Strange (left) going sideways in his attempt to throw out Minnesota Twins hatter Derek Parks during early action at The Ballpark in Arlington on Monday. The throw by Strange was late and Parks was safe. The Rangers went
      AFP  -  55 words
    • Article
      Lock icon Indurain: invincible after Tour de France tour de force?
      477 11 Reuter PARIS The ease of Miguel Indurain's fourth consecutive triumph in the Tour de France raises the same question once again: is there anybody around who can stop him? The mighty Spaniard kept his cool as his traditional rivals collapsed to
      Reuter  -  477 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      242 11 BUSINEs s T 1 M E S Financial Analyst (Ret 1216) I Corporate Finance Around $65,000 p.a. Our client is the Asian direct investment arm of Minorco SA, a multinational corporation with a market capitalisation in excess of US$3 billion. As a result of the continued growth of its business
      242 words
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      1008 12 Nothing Beats A Bud- where t wine, dine and entertain of 1,11 1 FRESffI .PASTA DAI LY. W From Pasta Fresco. Th« only restaurant to make its own specialty pasta. Fresh, J everyday. Savour perfect pizza, great geiati and terrific tiramisu. All topped with Italian hospitality. Pasta Fmca Da Saivator*
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      290 12 A THE fa %£)I\ZIN7V THE E.X£rtZMNT:^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm to 10.00pm Ml B 7ih door Ovmm I'mon House. Cottycr Qu*>
      290 words
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  • LIFESTYLE
    • Article, Illustration
      Plays provide food for thought
      722 13  -  Action Theatre's offering of Drunken Prawns and other Edible Delights was a three-course meal well worth sampling, writes Susan Tsang Susan Tsang THERE'S nothing quite like having to dash for a play to ruin dinner. When the evening's entertainment is titled Drunken Prawns and Other
      722 words
    • Article, Illustration
      Lock icon Animated debate as Disney's hit movie is branded sexist, racist
      446 13 AP SEXIST. Racist. Homophobic. Violent. Even, perhaps, a threat to democratic ideals. What kind of depraved entertainment could generate such bitter epithets? Would you believe The Lion King, a Disney film that's well on its way toward becoming the highest-grossing
      AP  -  446 words
    • Article
      Madonna obtains restraining order against stalker
      368 13 CH«TTIRBOKI SINGER-ACTRESS Madonna has obtained a restraining order against an alleged stalker who has rung her doorbell on several occasions and claimed to be her "husband," according to court papers. The legal papers, filed in court late Friday and made public on Monday, name
      368 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1024 13 I TV*R*MO Cat, 7pm, SBC 12 s'/' These furry felines are now commonly regarded as household pets but this was not always the case. This programme looks at how humans regard the also their physiology physiognomy huntmM Sam and Ma, 10pm, SBC 12 Nobody seems understand the old and eccen-
      1,024 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      US taking new initiative towards region
      1264 14  -  The future of Asia Pacific security Special to BT LAWRENCE GRINTER LAWRENCE GRINTER The writer is a professor at the United States Air War College. These views are his, and do not necessarily represent US government policy. THE Clinton administration's policy towards South-east Asia
      1,264 words
    • Article, Illustration
      Don't see ARF as a problem-solving tool: Alatas
      1887 15  -  The future of Asia-Pacific security Indonesian Foreign Minister Ali Alatas is back in action, after a heart bypass operation. BT's Regional Analysis Editor Yang Razafi Kassim catches up with him in Bangkok for an assessment of the Asean Regional Forum. Yang Razali
      1,887 words
    • Article, Illustration
      Cooperation and trust needed for regional security
      823 15  -  Special to BT JUWONO SUDARSONO JUWONO SUDARSONO Prof Juwono Sudarsono is dean of political and social science. University of Indonesia THE Asean Regional Forum, or ARF, was an opportunity for all participating states in the region and beyond to assess the implications of
      823 words
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      Page 15 Advertisements Column 1
      134 15 University of South Australia k T i I International Focus Strengths and Advantages Focus on emerging management environments Develops executive leadership as well as managerial skills and the global forces shaping them Most innovative mix of modules International faculty; Worldwide recognition Participatory and action learning approach Innovative Modules Written assignments
      134 words
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  • Article
    Japan's foreign policy of old
    510 16 JAPAN'S latest coalition government, the third in the space of a year, is busy unwinding the more independent foreign policy stance adopted by its two immediate predecessors. As it does so, the country appears to be reverting to a Japan that won't say no to
    510 words
  • WHAT THE OTHERS SAY
    • Article
      Keep family ties strong
      317 16 FAMILY TIES are alive and well in Singapore. That much is clear from a recent survey conducted by Singapore Press Holdings' research and information department. Precisely because family relationships are still strong, there is more reason and incentive to keep the home fires burning. Maintenance work
      317 words
    • Article
      Stop the carnage in Rwanda
      134 16 RWANDA is just another grim reminder of inter-racial or tribal harmony that failed after the Cold War ended. Similar episodes have taken place in Bosnia and Somalia. The country was used to stern and ruthless rule that contained the dynamics of tribal rivalry. For the
      134 words
    • Article
      More women in politics, please
      157 16 THERE IS no quarrel with the premise that more women should be encouraged to enter politics. However, the number of women holding high posts in a political hierarchy does not necessarily reflect the general status of women in that country. Women have become prime ministers
      157 words
    • Article
      A helping hand for the British
      176 16 A Malaysian company has come to the rescue of another British company. Home-grown conglomerate Sime Darby has offered to take over a loss-making company, rescue it, continue to offer jobs to its employees and "intends to safeguard the existing employment rights of all employees
      176 words
    • Article
      Clamp down on this oligopoly
      142 16 CEMENT SHORTAGES have occurred practically every year since the early *****. Each time the result is higher prices well above the local reference prices set by the government. Each time this is followed by a "dialogue" between the government and cement producers, who casually propose
      142 words
    • Article
      Asean from the grassroots up
      131 16 REALPOLITIK may still be unswayed by the blind logic behind the persuasive argument for closer Asean integration. This can only be appeased when the practical benefits of Asean integration are dispersed in deference to the varying stages of socio-economic development of its separate members. The
      131 words
  • Article, Illustration
    Corruption galore in W Europe
    1088 16  -  Salil Sarkar examines scandals involving politicians, civil servants and industrialists Salil Sarkar The writer, a Paris-based journalist, contributed this article to BT SEVEN TIMES Italy's prime minister, Giulio Andreotti is a high-level member of the Mafia, investigators charge. Spain's top cop amasses an illicit fortune.
    1,088 words
  • Page 16 Advertisements
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      32 16 To DO P* f-^MNTiHG (SP* J ASSOCIATED NEWSPAPERS LTO, IM3-IM4 ©VcSW— W W DOONESBURY GARRY TRUDEAU wsmiasgr 11 'jgssssxsxsts, I zzssstt&ss? 1 1 a™*** AS^a?^ ly <SS*SSBSI(ZiS!m «^L <t™-/ Mtmu&t&u*™ T*om*. y^n
      32 words
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  • ANALYSIS
    • Article, Illustration
      Workers' rights: just Clintonite sound and fury?
      1500 17  -  Leon Hadar says all that chest-beating in Washington could end up the way China's MFN was meekly extended when it came to the crunch Leon Hadar The writer is BT's Washington Correspondent THE APPROVAL of the North American Free Trade Agreement (Nafta) and
      1,500 words
    • Article, Illustration
      Japan seeks to get friendlier with its next, next-door neighbour
      1254 17  -  Anthony Rowley examines why Japan is becoming increasingly enamoured of India Anthony Rowley The writer is BT's Tokyo Correspondent A SURPRISE feature of the Japanese government's 1994 White Paper on economic cooperation was the inclusion of India among the top
      1,254 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      219 17 L,:... At Wing Lou to be precise. Which is at QatkeQfly of course. Wing Jiang Louofos the freshest and widest choice of local seafcod dishes at the most reasonable prices. This is in addition to the fine range of Teochew and Cantonese dishes that we arc already famous H fot
      219 words
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  • Article
    Ozawa lays plans for major new opposition party to wrest power
    598 18  -  From Anthony Rowley in TOKYO PLANS are being laid for a major new opposition party in Japan, to wrest political power from the recently installed coalition government which is led by Socialist Prime Minister Tomiichi Murayama but dominated by
    598 words
  • Article
    Lock icon Taipei, Indon groups sign multi-million dollar accord on ventures
    208 18 AFP TAIPEI Taiwan's China Development Corporation (CDC) yesterday signed a memorandum of understanding with the Djajanti group, one of the largest syndicates in Indonesia, for various development projects including a US$6OO million (SS9O6 million) cement plant. Under the MOU, the KMT-backed
    AFP  -  208 words
  • Article
    Lock icon US consumer confidence index slips in July from June's 4-year high
    431 18 Bloomberg Business News, AP, Reuter NEW YORK US consumer confidence slipped in July from its four-year high recorded in the previous month as more Americans became concerned about future economic conditions. The Conference Board, a non-profit business research group,
    Bloomberg Business News,; AP,; Reuter  -  431 words
  • Article, Illustration
    Lock icon Bomb blasts Israeli embassy in London
    331 18 Reuter LONDON A powerful bomb blasted the Israeli embassy in London yesterday, injuring more than a dozen people in an attack launched the day after Israel and Jordan agreed to end their state of war. The car bomb exploded without warning just outside the
    Reuter  -  331 words
  • Article
    Lock icon Foreigners drop US securities as Americans flock to overseas markets
    356 18 Bloomberg Business News NEW YORK Foreign interest in US stocks and bonds is abating, while American investors continue to send money to places such as Asia, Latin America and South Africa. The result is a reduction in the cash available
    Bloomberg Business News  -  356 words
  • Article, Illustration
    Vietnamese govt treads warily along free market path
    770 18  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent specialising in Indochinese affairs IT WAS an unprecedented step for Vietnam to permit casino king Stanley Ho to set up the country's first casino. That, the Hanoi government now
    770 words
  • Article
    Lock icon Russian investment firm hit by panic selling
    264 18 AP MOSCOW Russia's bestknown investment company sharply restricted its operations yesterday amid panic selling of its shares and fears by millions of investors that it could collapse. As many as 3,000 people began swarming outside the company's headquarters on the outskirts of Moscow,
    AP  -  264 words
  • Article
    Lock icon Build defences against harmful foreign influences: BG Yeo
    303 18 The Straits Times JAKARTA Countries like Singapore and Indonesia should build up their own defences against foreign influences as it is difficult to stem the inflow of information. Singapore's Minister for Health and Information and the Arts Brigadier-General (NS) George Yeo said
    The Straits Times  -  303 words
  • Page 18 Advertisements
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      58 18 COMPAQ. PBB Authorised Dealer For Singapore China! MICRQ I Singapore Kuala Lumpur NGEE ANN OOEON TOWERS MENARA IMC CITY (Opp Rattles II (Opp Shangri-La Hot#)) (Orchard Road) Hotel) B QUALITY INSTANT OFFICES Tel 65-*****43 Fax 65-*****76 If you just want a prestigious address, a secretary to answer your telephone calls,
      58 words
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      Page 18 Advertisements Column 2
      14 18 ENHANCE /I mssm Memory Products Inc. f 7 I MICRO Upgrades For Your PC ]?])<<|]/=~$!-*&:;/~"&-+`\(^`?$
      14 words
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  • COMPANIES & MARKETS
    • Article
      Telekom rings up 24pc jump in half-year profit
      408 19  -  From Ho Kay Tat in KUALA LUMPUR TELEKOM Malaysia Bhd has achieved a 24 per cent rise in its net profit for the half-year to June 30 to M 5605.8 million (***** million) from M 5489.9 million but said the years ahead
      408 words
    • Article, Illustration
      Omni Mold launches fixed-price IPO today to raise up to $10m
      402 19  -  By Shiv Taneja SINGAPORE Electricaj industries mould maker Omni Mold expects to raise $5-$ 10 million through a Sesdaqlisted initial public offer that will be launched today. The IPO will only have a fixed-price portion. Based on recent offers
      402 words
    • Article
      HPL associate buys firms to run Hard Rock Cafe outlets in Asia
      199 19 SINGAPORE HRC Holdings, an associated company SO per cent owned by Hotel Properties Ltd, has acquired several subsidiaries to run its Hard Rock Cafe and Planet Hollywood outlets in Asia and Australia. In a statement yesterday, HPL said
      199 words
    • Article
      Kuok group looks set to resurrect Desaru project
      771 19  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Guess who's behind the revival, announced this week, of the illfated Desaru project? Word has it that it's none other than tycoon Robert Kuok. If the market talk is to be believed, some members
      771 words
    • Article, Illustration
      Sembawang, Cosco to cooperate on projects in China
      339 19  -  From Schutz Lee, Rahita Elias SEMBAWANG CORP has signed a provisional agreement with China Ocean Shipping (Group) Co to cooperate on various projects in China. Sembawang chairman Philip Yeo told Business Times in Beijing on Monday that the engineeringbased Singapore group had
      339 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        42 19 Film 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance, Daiwa. GK Goh, Kav Hian. Morgan Grenfell, Phillip. Smith New Court, Wt Can and SG Warburg.
        42 words
      • Article, Illustration
        HOT STOCK
        129 19  -  -By Quak Hiang Whai CHINA-LINKED HTP Holdings has attracted some interest lately. The stock appears to be trading towards medium support at $1.30. But on the weekly charts, the bullish signals are overwhelming. The weekly RSI has reached a two-year low while bullish divergence is seen in its
        129 words
    • Article
      Broking stocks unscathed by news of share trading at banks
      231 19 SINGAPORE News of the launch of new share trading outlets by bank branches this Friday had no impact on broking stocks yesterday. Two G K Goh Holdings and Kim Eng Holdings made small gains on thin trades at the close
      231 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Trading of SingFin rights, bonus shares
          33 20 SINGAPORE Singapore Finance's rights and bonus shares and warrants will start trading tomorrow. The warrants, which expire on June 22, 1999, have an exercise price of 51.50.
          33 words
        • Article
          Hang Huat breaks ground for plant
          80 20 SINGAPORE Liang Huat Aluminium has held a groundbreaking ceremony for its US$6.B million (5510.2 minium extrusion plant in Nanhai City, Guangdong. The -5,000 sq m plant will be managed by Nanhai Hua Lian Aluminium Co, a joint venture between Liang Huat and two Chinese
          80 words
        • Article
          L&M Geotechnic bags grouting deal
          48 20 SINGAPORE Ground engineering and soil improvement specialist L&M Geotechnic has clinched a $17 million grouting project at the Singapore Post Centre. Work on the centre, which is next to the Paya Lebar MRT station, is expected to be completed by March next year.
          48 words
        • Article
          Lock icon Berjaya's Tianjin venture shelved
          82 20 Bernama KUALA LUMPUR Berjaya Group Bhd's proposed joint venture to develop and operate a bonded warehouse, freight forwarding and haulage business in Tianjin, China, has been called off. A Beijaya Group statement yesterday said the main partner in the venture, H K Yiet Seng (International) Foreign
          Bernama  -  82 words
        • Article
          Lock icon Lien Hoe to buy 63 JB condo units
          81 20 Bernama KUALA LUMPUR Lien Hoe Corporation Bhd has proposed to acquire 63 units of the Pelita Indah condominium project in Johor Baru for M 522.8 million (5513.2 million), to be satisfied by an issue of 7.6 million new Msl ordinary shares at
          Bernama  -  81 words
        • Article
          Lock icon Gula Perak on Klang Valley development
          77 20 NST KUALA LUMPUR Gula Perak Bhd is expected to chalk up between MSSOO million (SS29O million) and Ms6oo million in revenue from the development of its 146 ha land bank in the Klang Valley. The project, which is expected to be completed over six
          NST  -  77 words
      • Article
        Lock icon Berjaya Textiles pre-tax profit down 13pc
        176 20 Bernama KUALA LUMPUR Berjaya Textiles Bhd has reported a 13 per cent drop in group pre-tax profit to M 59.93 million (555.76 million) for the year ended April 30, 1994, from a year ago. Releasing its unaudited results here yesterday, BTextiles said turnover was
        Bernama  -  176 words
      • Article
        Lock icon Investors' chief looks at pros and cons of smaller lots
        537 20 Bernama KUALA LUMPUR Plans to reduce the size of share lots from 1,000 shares per lot now to allow for greater participation by investors, have both advantages and disadvantages. The president of Malaysian Investors' Association, P H S Lim, yesterday
        Bernama  -  537 words
      • Article
        Sitt Tatt seen as Chew Piau's vehicle in Sabah
        390 20  -  From Ho Kay Tat in KUALA LUMPUR INDUSTRIAL oxygen specialist Sitt Tatt has been earmarked as a vehicle for a group of businessmen linked to construction company Chew Piau to undertake deals in Sabah state, analysts and other sources say. Trading
        390 words
      • Article, Illustration
        Lock icon Outcome of Lingui's Samling deal expected to be delayed to mid-August
        638 20  -  By Agnes Chew SINGAPORE The outcome of Lingui Developments Bhd's controversial proposal to buy MS79O million (SS4SB million) in timber assets from Sarawak's Samling Corporation will be known in the middle of next month at the earliest, sources familiar
        Source: Bloomberg  -  638 words
      • Article
        Lock icon Investors snap up Petron's IPO despite court action
        302 20 AFP MANILA Investors are gobbling up a mammoth initial public offering (IPO) by Petron Corp, ignoring a court suit seeking to void a 40 per cent buy-in by Saudi Arabian Oil Co (Aramco) in the Philippines' largest firm. "The response has been
        AFP  -  302 words
      • Article
        Lock icon MBf's stake in Sri Hartamas expected to be diluted to 10pc
        278 20 MBT KUALA LUMPUR The MBf group, which owns 38.7 per cent of property developer Sri Hartamas Corp Bhd, is expected to see a dilution of its shareholding. Sri Hartamas' acting chairman and chief executive Chong Wai Hiong said yesterday
        MBT  -  278 words
      • Article, Illustration
        JC-MPH confident bid for Players will succeed
        420 20  -  From Florence Chong in SYDNEY IN THE final hours to the close of its offer for the Players Group yesterday. Jack Chia-MPH picked up a block of 917.000 shares, lifting its stake to almost 30 per cent. There is quiet optimism in the
        420 words
      • Article
        Untitled
        515 20 M«m*n >nc« Jul 27 shcnton Incomc 0 994 1009ffi Shcnton Thrift Fd 1.34 l.34{i Singapore Unit Trust asu p* Fund o 85 o.m§ The Commerce 1.61 1.70 Mcndaki Or Fund I.IS 1.18(8 The Savings Fund 1.53 1.62 US Or Fund I 00 I 04** S pore Prof Fund 0.69 0.73
        515 words
      • Article
        Untitled
        573 20 Payment Ex Books Pay date close date Alex Hldgs 50* b 6 Sep 6 Sep 12 Sep 22 Amcol 25* F 20 Jul 26 Aug I Aug 23 Asia Pac Ld b 2TE Aug 0 Aug 24 Sep 23 Acii Pacific I I4N Jul II Jul 15 Jul 27 Avimo20*
        573 words
      • Article
        Lock icon Digital Equipment incurs fourth quarter loss of US$160m
        487 21 Bloomberg Business News MAYNARD, Massachusetts Digital Equipment Corp, citing a decline in its gross profit margin, yesterday reported a fourth quarter loss before charges of U*****.4 million (***** million), or US$l.22 a share. The loss for the quarter ended July 2 compared
        Bloomberg Business News  -  487 words
      • Article, Illustration
        Lock icon Walt Disney Co happily in the Red
        77 21 AFP MOSCOW Mickey found a friend in a Russian militiaman in Moscow's Red Square on Sunday. A sign as sure as any that the Cold War is out, perestroika is in and the Mickey Mouse Club has wider appeal than one thinks. Russian
        AFP  -  77 words
      • Article
        Lock icon British Telecom first qtr gain likely to be similar to last year
        291 21 Bloomberg Business News LONDON British Telecommunications pic's first-quarter pre-tax profit should be similar to last year with increased calling offsetting price cuts. Analysts forecast profits in the range of £750 million (SSI.7 billion) to £785 million. Last year,
        Bloomberg Business News  -  291 words
      • Article
        Lock icon Marine Midland's interim profit rises 38pc
        158 21 AFP HONGKONG Marine Midland Banks Inc, core US unit of Hongkong Bank parent HSBC Holdings pic, saw interim net profit grow 38.3 per cent on the previous year to U*****.7 million (SSI66 million) in the six months to June, it was announced yesterday. That
        AFP  -  158 words
      • Article
        Lock icon Chevron's 2nd qtr profit down 54pc on lower refining margins
        363 21 Bloomberg Business News SAN FRANCISCO Chevron Corp yesterday said seeond quarter profit from continuing operations fell 54 per cent as higher oil prices squeezed the company's refining margins. Like other big oil companies, Chevron was caught by oil prices that
        Bloomberg Business News  -  363 words
      • Article
        Lock icon American Express' continuing operations perform well
        484 21 NYT NEW YORK American Express Co said on Monday that its earnings from continuing operations increased 19 per cent in the second quarter, to US$359 million (***** million), pushed up by strong results in its credit card and investment businesses, the two areas in
        NYT  -  484 words
      • Article
        Lock icon Las Vegas billionaire pays US$300m for 5pc of Viacom
        296 21 NYT NEW YORK Kirk Kerkorian, the Las Vegas billionaire, said on Monday that his privately held Tracinda Corp had acquired 5 per cent of Viacom Inc's outstanding stock. Tracinda said that the US$3OO million (***** million) purchase of 10 million class
        NYT  -  296 words
      • Article
        Lock icon US investors slow down buying of foreign stocks
        290 21 Knight-Ridder NEW YORK The purchases of foreign equities and bonds by US investors in the first quarter of the year fell from the last quarter of 1993. but remained above 1993's first-quarter totals, according to a new Securities Industry Association (SIA) report.
        Knight-Ridder  -  290 words
      • COMPANY BRIEFS
        • Article
          Lock icon Boeing's profits plunge 47.8pc
          68 21 AFP SEATTLE Boeing, the world's biggest aircraft maker, yesterday announced a 47.8 per cent fall in its profits for the second quarter. The profits were down from US$426 million (***** million) for the second quarter of last year to US$222 million fiftr the same period of
          AFP  -  68 words
        • Article
          Lock icon KFC's China venture fined over pay
          63 21 Reuter BEIJING China fined the Beijing joint venture of Kentucky Fried Chicken, a unit of PepsiCo of the US, for falsely reporting local salaries, the official China Daily reported yesterday. The report strongly hinted that tax authorities also opened an inquiry into possible tax
          Reuter  -  63 words
        • Article
          Lock icon Taiwan food giant's interim profit up
          62 21 AFP TAIPEI Taiwan's food giant President Enterprises Corp said yesterday interim pre-tax profit rose 51.3 per cent on the previous year to NT$l.65 billion (Ss94 million) for the six months to June. President said the profit was made on turnover of NT$l!2B billion, adding
          AFP  -  62 words
        • Article
          Lock icon Nabisco 2nd-qtr income up 35pc
          70 21 Bloomberg Business News NEW YORK RJR Nabisco Holdings Corp's second-quarter income from operations rose 35 per cent as food and international tobacco sales climbed and the company raised US cigarette prices. The second-biggest tobacco maker yesterday said it earned US$l92 million (Ss29o million), or 11
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Kodak 2nd-qtr profit down 28.8pc
          78 21 AFP ROCHESTER, New York Eastman Kodak, the world's largest photographic equipment maker, said on Monday its profit fell 28.8 per cent in the second quarter of this year.* Profits were down to US$264 million (Ss39B million), or 79 US cents a share, from US$37l million,
          AFP  -  78 words
      • Article
        Lock icon HK developer Rivera returns to black with HK$255m profit
        138 21 Eastern Express HONGKONG Property developer Rivera (Holdings) returned to the black in financial 1993-94 by recording HK5254.83 million (5549.8 million) in net profit for the year ended March 31, due to the strong performance of its associated company Tomson Pacific. The
        Eastern Express  -  138 words
    • FINANCE & COMMODITIES
      • SMALL CHANGE
        • Article
          Lock icon BBMB lowers base lending rate
          80 22 Bernama KUALA LUMPUR Bank Bumiputra Malaysia Berhad will revise its base lending rate (BLR) downward from 6.90 per cent per annum to 6.80 per cent with effect from tomorrow. This is the fifth reduction this year and the last reduction was on June 27, 1994
          Bernama  -  80 words
        • Article
          Lock icon Taipei's conditions for raising ceilings
          107 22 Reuter TAIPEI Taiwan's central bank governor Liang Kuo-shu said three conditions must be met before the bank can raise ceilings on foreign funds in the stock market. Mr Liang said the stock market needed to increase the supply of shares available because lifting ceilings would
          Reuter  -  107 words
        • Article
          Lock icon Sumitomo in US$800m loan project
          116 22 AFP TOKYO Sumitomo Bank Ltd yesterday said it and four other banks would lead manage an US$BOO million (S$ 1.2 billion) loan to a petrochemical plant upgrade in Singapore by Sumitomo Chemical Ltd and the Royal Dutch-Shell group. The bank said the eight-year loan would
          AFP  -  116 words
        • Article
          Lock icon Schroders establishes Shanghai office
          49 22 Reuter HONGKONG British merchant bank Schroders pic said it had received permission to open its first office in China, and would locate it in Shanghai. The bank, which first transacted business in China in 1913, has recently been involved in 37 projects in China. Reuter
          Reuter  -  49 words
        • Article
          Lock icon Thailand to issue US$200m in bonds
          62 22 Knight-Ridder BANGKOK The Thai government is planning to issue US$2OO million (SS3O2 million) in bonds in the US to finance aircraft purchases by partly state-owned Thai Airways International, reported the Bangkok Post yesterday. A senior finance ministry official will go to the US in
          Knight-Ridder  -  62 words
      • Article
        Lock icon First case filed against exec in Prudential Sec scandal
        224 22 NYT NEW YORK After months of focusing on activities of Prudential Securities, regulators have brought the first case against one person tied to the limited partnership scandal at the firm. The civil case, filed on Friday by Idaho securities regulators, names
        NYT  -  224 words
      • Article
        HK govt to encourage more interest rate competition
        366 22  -  From Lim Soon Neo in HONGKONG THE Hongkong government has agreed to a proposal by the Consumer Council to loosen the grip of the territory's powerful banking cartel on deposit interest rates. The government announced yesterday that, beginning in 1995, the Hong
        366 words
      • Article, Illustration
        Lock icon M'sia will not allow entry of another foreign bank: Anwar
        277 22 Bernama KUALA LUMPUR The government will not allow another foreign bank to open a branch in the country in keeping with its policy to freeze the issuance of new banking licences, Deputy Prime Minister Anwar Ibrahim said yesterday. He said
        Bernama  -  277 words
      • Article
        Lock icon Multinet files to set up multilateral forex clearing bank
        505 22 Reuter NEW YORK The first milestone in setting up a multilateral foreign exchange clearing bank was reached last week when Multinet International filed with New York State for approval. The new clearing entity intended to reduce foreign exchange settlement risk while
        Reuter  -  505 words
      • Article
        Lock icon Vietnam hopes to grant licences to more foreign banks
        359 22 Reuter HANOI Vietnam hopes to grant United States, European and Asian banks licences to set up branches this year. "It's difFicult to say when we will issue the licences," said Dang Thanh Binh, deputy director of the financial institutions department, yesterday.
        Reuter  -  359 words
      • Article
        Stanchart to merge two of its finance companies
        285 22  -  By Shiv Taneja SINGAPORE Standard Chartered Bank will merge two of its finance companies, according to sources in the bank. They said yesterday that Standard Chartered Finance would be merged with Credit Corp Singapore (CCS). The merger is expected to be completed
        285 words
      • Article
        Life insurance premiums exempted from GST but not general insurance
        417 22  -  By Soh Tiang Keng SINGAPORE Premiums on most classes of general insurance, with certain exceptions, are subject to the Goods and Services Tax. However, life insurance premiums are exempted. This clarification on the impact of GST on the insurance industry
        417 words
      • Article
        Lock icon HK fund managers clash over move to outlaw cash rebates
        170 22 Eastern Express, Bloomberg Business News HONGKONG A storm over the future of cash rebates raged last night as fund managers slugged it out over the Securities and Futures Commission's plan to outlaw rebates paid by brokers to fund managers in
        Eastern Express,; Bloomberg Business News  -  170 words
      • Article
        Indian steelmaker's exports to South-east Asia double
        463 24  -  By S N Vasuki SINGAPORE An Indian state-owned steelmaker has seen remarkable growth in exports to South-east Asia and China as major infrastructure and construction projects in the region lead to soaring demand for steel. Steel Authority of India (Sail) officials, here for
        463 words
      • Article, Illustration
        Lock icon Price of Thai rice up 300 baht as supplies fall near harvest
        206 24 Reuter BANGKOK Thai second crop paddy prices have risen around 300 baht (SSI8) a tonne for most grades as supplies fall with the end of harvest due about the second week of August, said millers. Paddy from the
        Reuter  -  206 words
      • Article
        Lock icon Chinese grain exchange stands firm despite shaky futures industry
        399 24 AFP SHANGHAI Set adrift by China's selective crackdown on futures markets, traders here are looking to the Shanghai Cereals and Oils Exchange (SCOE) as a beacon of hope in dark times. Once the hub of the country's bustling futures industry, Shanghai
        AFP  -  399 words
      • Article
        Lock icon China orders crackdown on cotton shipment racket
        403 24 Reuter BEIJING Beijing yesterday ordered stern punishment for anyone who adds rocks, stones, sand and plastic to cotton shipments to make them heavier, as output of cotton cloth, a vital export material, fell. Major newspapers published on their front pages an order from
        Reuter  -  403 words
      • Article
        Lock icon Aussie wool trade confident of higher prices, demand
        194 24 Bloomberg Business News CANBERRA Australia's wool industry said it is confident of higher prices and brisker demand when the 1994-95 wool-selling season begins this week. "The mood of the trade is almost universally optimistic about overall prospects for the new season," said
        Bloomberg Business News  -  194 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        82 24 IT WAS another day of quiet and uneventful trade yesterday with all regional currencies closing little changed from previous day's level. The ringgit is slightly weaker against the US dollar on month-end short covering by banks. Trading was mostly confined within 2.5910/15 range. Both the
        Charts by Dow Jones Telerate  -  82 words
      • Article
        Lock icon London
        205 24 Reuter LONDON The dollar skated uncertainly in a narrow range on the mark and slid lower on the yen as trade talks and domestic concerns weighed it down in late Europe. Traders said players were looking for a lead from Friday's US gross domestic product data and in the
        Reuter  -  205 words
      • Article
        Crude falls as talks to end Nigerian strike resume
        193 24 Bloomberg ENERGY REPORT NEW YORK Crude oil futures on the New York Mercantile Exchange (Nymex) fell for the second day as the market awaits the resumption of labour talks today in Nigeria. At least 60,000 Nigerian oil workers have been on
        193 words
      • Article
        Lock icon New York
        89 24 AFP NEW YORK The dollar was down against the German mark and Japanese yen in uneven trading early yesterday with dealers keeping a dose eye on congressional hearings into the Whitewater affair. By mid-morning the dollar was being traded at 1.5875 marks against 1.5889 at Monday's close. The
        AFP  -  89 words
      • Article
        Lock icon EPA targets oil refiners to combat pollution
        373 24 Piatt's Oilgram NY ASH INGTON Oil refining was targeted by the Environmental Protection Agency (EPA) as one of six industries that will take part in a new programme to combat pollution by industry rather than by pollutant. The initiative aims to bring together
        Piatt's Oilgram  -  373 words
      • Article, Illustration
        Untitled
        1481 24 I latk- Hfifhuil iihlf\ lakvlalal a&wisi S'pure'y tup H Irmliiif partnen Base i rtir WU US$/S$ forward rates Noon July 26 s$ Bid Oiler 1-month 1.5071 1.5085 2-month 1.5058 1.5072 J-month 1.5046 1 5060 6-month 1 5000 1.5020 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m July 26
        1,481 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon JGBs lower, Euroyen, Eurodollar steady
        1248 25 SIMEX REPORT Reuter SINGAPORE Simex Japanese government bonds (JGB) futures ended lower in choppy trading, while Euroyen and Eurodollars finished little changed in lacklustre dealings. Traders said the money markets were haunted by the spectre of interest rate hikes in the US, hinted during the
        Reuter  -  1,248 words
      • Article
        HK gold closes firmer at day's high
        702 25 COMMODITY REPORTS Gold Hongkong: Gold closed firmer at the day's high on mild shortcovering in quiet and nar-row-range trading. Bullion ended at U*****.50/386.00 an ounce, up from New York's U*****.50/385.00 close and the local opening of U*****.10/60. Local gold ended HKS2 higher at
        702 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Jamaica to leave bauxite association
          64 25 KINGSTON Jamaica has told the other members of the International Bauxite Association that the organisation should be dissolved, Jamaica's Mining Minister said on Monday. If the other members wish to continue the association, then Jamaica will secede, he said. The IBA was created in 1974
          64 words
        • Article
          Lower Aussie wheat output forecast
          55 25 WASHINGTON Lower-than-expected rainfall in Australia has forced the US agriculture attache in Canberra to lower its 1994 wheat production estimate. In a report released on Monday, the attache forecast 1994 production at 12.953 million tonnes, down from an earlier forecast of 16 million and average
          55 words
        • Article
          USDA urged to boost dairy sales
          109 25 WASHINGTON House Agriculture Committee chairman Kika de la Garza and 17 other commit- tee members have urged the US Department of Agriculture (USDA) to use a dairy subsidy programme to boost milk product sales to Mexico. In a letter dated July 21 but released
          109 words
        • Article
          New Foreign Agriculture Service head
          75 25 WASHINGTON August Schumacher, a World Bank official and former Massachusetts Food and Agriculture commissioner, was named administrator of USDA's Foreign Agricultural Service yesterday. The post had been vacant for more than a year, although Richard Schroeter served as acting administrator after Mike Espy became USDA
          75 words
    • Article
      COMMODITY PRICES
      1390 25 Rubber Singapore Commodity Exchange (futon** d—teg at 5.30pm) 1 Centred (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 94 221.00 221.00 221.00 250 ~450 Sep 216.00 3300 Oct 206 00 200.00 205.50 500 4375 Nov 206.00 200.00 202.00 550 4325 Dec 206.00 200.00 201.00
      1,390 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1114 26 -7.0 SHARES fell as investors waited nervously for the impending release of inflation data for the three months to June. The bourse's key All Ordinaries Index fell to 2,041.3 points, down 7. The All Industrials Index dipped 12.2 to 3,000.7 while the All Resources shed 3.1 to 1,319.8. Turnover
        1,114 words
      • Article
        Manila
        620 26 -42.98 Share prices dropped 1.55 per cent yesterday in what brokers described as a "shallow correction", caused by profit-taking following a two-day upturn. The PSE Composite Index fell 42.98 points to close at 2,728.53. Turnover declined to 709.34 million shares, valued at 1.31 billion pesos. A broker said the
        620 words
      • Article
        Taipei
        554 26 -I-39.22 The Taiwan bourse yesterday extended its winning streak to register the year's new high in modest trading, propelled by good performances of food, plastic and chemical shares. The 376-issue Weighted Price Index rose 39.22 points to settle at 6,727.22. Turnover increased to 2.17 billion shares valued at NTS
        554 words
      • Article
        Seoul
        486 26 -3.92 Share prices extended a losing streak yesterday during a jittery session plagued by a rumour that the Economic Planning Board (EPB) considered a proposed foreign share ownership expansion undesirable. The Composite Price Index fell 3.92 points to settle at 935.20 with 28 million shares worth 550 billion won
        486 words
      • Article
        New Zealand
        310 26 -0.93 The share market closed barely changed after a day of rangetrading in moderate volume. The NZSE-40 Capital Index closed at 2,020.35, only 0.93 points below its opening level. Brokers said the session had been uneventful, the only feature being the crossing of 12 million Brierley shares. "It
        310 words
      • Article
        Bombay
        87 26 16.13 Shares ended slightly higher in a trading session curtailed to one hour. Brokers said prices edged up on sporadic demand and there were no big buyers. The 30-share BSE Sensitive Index rose 16.13 points to a provisional 4.122.78. The 100share National Index gained 8.77 to a provisional 1,946.65.
        87 words
    • WORLD STOCK MARKETS
      • Article
        London
        695 26 +11.1 THE FT-SE 100 Index rose to its highest level in nine weeks as investors bet that companies will announce improved half-year earnings during the next few weeks. "There's definitely been a strong inclination to put some money into the market," said a fund manager. The FT-SE 100 Index
        695 words
      • Article
        Paris
        132 26 17.00 French shares ended higher on mainly futures driven trade. Analysts expect further gains and now forecast the CAC-40 Index could end the year at between 2,100 and 2,200. The CAC-40 Index closed 17.00 up at 2,076.84. Of the CAC-40 stocks, 28 ended higher, eight lower and four were
        132 words
      • Article
        Frankfurt
        230 26 11.35 German stocks rose to a seven-week high as better-than-expected half-year results from Germany's largest bank raised investor sentiment. Deutsche Bank led the advancers in heavy turnover, rising 7.50 marks to 743. The DAX Index of 30 stocks rose 11.35 points to close at 2,163.31 the highest close since
        230 words
      • Article
        Brussels
        179 26 +6.12 Belgian shares gained 0.42 per cent on improving bonds, relief at a rapid Belgian budget agreement, the feeling that the worst is over for the dollar and expectations of strongly improved first-half earnings. Those factors fanned dealers' optimism that fur- ther gains are in the works. "I expect
        179 words
      • Article
        Milan
        160 26 -301 Italian stocks fell for the second day in a row, staging their biggest single-day retreat since June 20, as the future of Prime Minister Silvio Berlusconi's scandal-hit government was again cast into doubt. The Milan exchange's Mibtel Index plunged 301 points, or 2.61 per cent, to close at
        160 words
      • Article
        Amsterdam
        266 26 1.44 Dutch shares closed marginally higher boosted by demand for cyclical stocks, which are expected to be the first to benefit from the consolidation of the AEX Index above 400 points. The AEX closed 1.44 higher at 404.96 points in thin volume. Airline KLM, metals group Hoogovens and chemicals
        266 words
      • Article
        Stockholm
        113 26 +2.75 Swedish shares closed slightly higher, but ofT early highs after a weak finish. The OMX Index was up 2.75 points percent at 1,139.33 in low turnover of 1.69 billion crowns. Indexgiants Astra and Volvo dominated trade. Drug-maker Astra climbed two crowns to 170. The share rose on Monday's
        113 words
      • Article
        Zurich
        249 26 +2.62 Swiss shares fell back from earlier highs to close marginally firmer. Dealers said the market lacked direction and prices went slightly down when the dollar eased. Dealers said trading was likely to be quiet and in narrow range today. The Broad SPI closed up 2.62 points at 1,722.25
        249 words
      • Article
        Johannesburg
        294 26 +33 Shares extended earlier gains in steady afternoon trade yesterday as the market found support from firmer world equities and a better gold price. Dealers said investor caution was slowly disappearing but that they were still looking for concrete direction. The Overall Index ended up 42 points to 5,610,
        294 words
      • Article
        Toronto
        250 26 -10.70 Stocks eased in sluggish midday trade as the unfolding Quebec election takes a back seat to corporate earnings, traders said. Losses in conglomerates, financial services, energy and transportation outpaced gains in gold and real estate. The TSE-300 Composite Index was down 10.70 points to 4.157.70 on volume of
        250 words
      • Article
        New York
        774 26 -11.01 The Dow Jones Industrial Average was down 11.01 points to 3,730.83 at 11am EDT. Weakness in Dow components Chevron and Eastman Kodak put extra weight on the Dow. Chevron was down IV* to 42'/* after reporting sec-ond-quarter earnings of 39 cents a share, compared with eight cents
        774 words
      • Article
        Untitled
        705 26 Britannia Funds Sterling C'»»h Bid Offer Mim Cap Deposit 38 6400 38 6500 Mim Jcrvc> Gill 0.1893 0 199 2 Mim Mix Income *0 9200 *0 9600 L'S$ Cash Income Plus Fund 9 9300 10 4600 PS Reverse Fund 5 3800 5 2900 Sterling !.quit> Euro Performance -..0 4592 0
        705 words
    • Article, Illustration
      Lock icon HONGKONG
      3055 27 Bloomberg Business News HONGKONG Share prices rose as the sale of a residential property for more than was expected at a government land auction brightened investor outlook on corporate prospects, traders said. Because many firms here derive substantial revenue from property holdings, the territory's real estate market is closely
      Bloomberg Business News; Source: Bridge Info  -  3,055 words
    • Article, Illustration
      Lock icon CHINA
      515 27 CLSA THE Shanghai B market rose 3.55 points to 747.71 on turnover of US$2.l million. Trading in Outer Gaoqiao, Chlor Alkali and Erfangji accounted for 47 per cent of the turnover. Erfangji was the best performer, up 5.5 per cent on turnover of U*****,000. The Shenzhen B market edged
      CLSA  -  515 words
    • Article, Illustration
      Lock icon TOKYO
      2542 27 Reuter TOKYO Stocks ended higher after three days of falls, lifted out of the doldrums by a late flurry of index-linked buying. Traders said foreigners continued to take profits in blue chip issues, but that overall support came from orders sitting below the market. "Basically, people are edgy. They
      Reuter; Source: Bridge Info  -  2,542 words
    • Article, Illustration
      Lock icon BANGKOK
      1918 27 Reuter BANGKOK Stocks closed slightly lower in quiet trade on lack of direction and ahead of today's no-confi-dence debate in parliament. The SET Index closed 1.56 points lower at 1,346.50. Turnover was a moderate 5.96 billion baht. 'Trading was scattered in all sectors on lack of a leading sector,"
      Reuter; Source: Bridge Info  -  1,918 words
    • Article, Illustration
      Lock icon JAKARTA
      1155 27 Reuter JAKARTA Share prices closed mixed in slow trading with foreign investors sidelined as local players showed only minor interest on selected stocks. "It was a dull day with no fresh factors influencing the market. Even good results on Dharmala Intiland failed to spark the locals," one broker said.
      Reuter; Source: Bridge Info  -  1,155 words
    • Article
      CLOB INTERNATIONAL
      2427 28 Insas BhJ 4.585.000 Idns H\d 50c 2.974.000 Mulpha Intl 50c 2.108.000 Mulli-Purposc 1.874.000 Golden Plus H 1.743.000 Promct 1.709 000 Palmco Hldgs 1.617.000 CASH 50c 1.606.000 8 Ra>a TSR97 1508.000 Lien Hoe TSR97 1.241.000 Magnum Corp 50c 1.174.000 Kcmayan Coip 1 .042.000 Fahcr Group 1.038.000 MOST ACTIVE value
      2,427 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rise as investors focus on Genting
        5966 28 Bloomberg Business News KUALA LUMPUR Stocks rose for a third day as investors focused on an upcoming bonus issue by gaming giant Genting. "The only reason the market is going up is because of Genting," said an analyst. Investors have until the market
        Bloomberg Business News; Source: Bridge Info  -  5,966 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7575 29 \m*MO Transaction date: 26 I Cr Gt M Wt 1994 Inl Vol Da) U«l Quoit Div Div VM Net Can A>g Hick Low Compaa) Sale ("000) High low Ba>er Selkr C"»r P/E $mil Pikt INDUSTRIAL AND COMMERCIAL 1440 835 t s Acuta 990 unch 4 990 990 990 995 17.5
        7,575 words
      • Article, Illustration
        Lock icon Broader market steady, but index-linked stocks fall
        1854 30  -  By R Sivanithy SINGAPORE In a reversal of Monday's trading pattern yesterday, a handful of index stocks fell victim to profittaking, but with the broader market enjoying slightly more buying interest. While the Straits Times Industrials Index fell 6.22 points to 2,206.04, the
        Charts by Bridge Info; Source: Bloomberg  -  1,854 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      322 19 NEWS VALUE How today's news might affect your stocks Indonesia bam new timber concession fcam (pg i) A surprise move. But expectations are that well-connected timber conglomerates such as Barito and concerns owned by local timber tycoon Bob Hasan will not be much affected in the short to medium term.
      322 words
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      258 words
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      Page 23 Advertisements Column 1
      377 23 There are those who have basic CPF investments. yj 1 it' And those who have the Keppel Enhanced Fund. Jfl your retums^N. X still further! Subscribe between\ f July and 26 Aug and J V take advantage of our special (duo abundance) Fixed Price Offer of %\^y/ An effective way
      377 words
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      Page 25 Advertisements Column 1
      196 25 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN BAHAMAS JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS GIBRALTAR PANAMA HONG KONG U.K. LTD
      196 words
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      Page 25 Advertisements Column 2
      39 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. f STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday.
      39 words
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      Page 27 Advertisements Column 1
      61 27 hand-made by bally limited series of hand-made welted shoes UB es fine French Calf leather and traditional craftsmanship 200 work processes on special lasts give a shoe of exceptional comfort and life expectancy I No 2 fitted with beech wood shoe 12-month warranty f $1,050* complete overhaul within 3 years
      61 words
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      Page 29 Advertisements Column 1
      110 29 Yes, get instant cash at low, low spot for your shares for 1, 2 PAJAH interest a wil VU q a rates with our Express Share Loan, or 3 months from as low as exclusively from Hong Leong 1 month 1% a us at jjo 9433/ Finance and Singapore Finance.
      110 words
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      547 30 IN THE MATTES OF THE COMPANIES ACT. CAP. M AND IN THE MATTES OP TECHNO SYSTEM SERVICES PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of abovenamed Company duly convened and held at 288 Stanley Street, Singapore 0106 on Friday, 22 July 1994
      547 words
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      Page 30 Advertisements Column 2
      345 30 BMnmsnjim TOLL-FREE TEL. No. 1 -SOO-741-1883 FAX:74I-1298 IN THE HIGH COURT OF THE REPUBLIC OP SINGAPORE Companies Winding Up No. 168 of 1994 In the Matter of the Companies Act, Chapter 30 (1990 Revised Edition) And In the Matter of SOURCEPRINT SINGAPORE PTE LTD formerly known as DREWRY PTE LTD
      345 words
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      Page 30 Advertisements Column 3
      312 30 M THE HATTER OF THE COMPANIES ACT, CAP. SO TAT LEON6 BUNKERS nCLTO (Involuntary Liquidation) At an Exlraonirwy General Mooting of tie members of TAT LEONG BUNKERS PTE LTD. duly convened and held at 14 Scotia Road, #03-11 Far East Plaza, Singapore 0022 on to 22 day of July 1004,
      312 words
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      Page 30 Advertisements Column 4
      610 30 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 The Troika Tanya Pte Ltd (In Creditors' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the above company duly convened and held at 41SB Jalan Besar, Singapore 0620 on the 19th day of July 1994 at KMX) a.m.
      610 words
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      Page 30 Advertisements Column 5
      423 30 NOTICE NOTICE IS HEREBY GIVEN that, I MR. CHIA SOON LOI of 11 Nathan Road, #11-01 Regency Park Singapore 1024, have applied for a Public House First Class Licence in respect of premises at M/s Oaks Grill Pte. Ltd. at 163 Tanglin Road, Tanglin Mall, Plot #01-28/29 Singapore 1024, and
      423 words
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  • Shipping Times
    • Article, Illustration
      German containers hip fleet remains world's biggest
      418 31  -  By Alec Almazan SINGAPORE Germany still has the biggest containership fleet in the world, says the July edition of Lloyds World Shipowning Groups. According to the quarterly directory, the Germans consolidated their position in 1993 with the addition of 28 ships with a
      418 words
    • Article
      Lock icon Exxon pays Alaska Indians US$20m for oil spill
      227 31 Knight-Ridder NEW YORK Exxon Corp, Exxon Shipping Co, and counsel for the Alaska Natives on Monday said they have reached an agreement on a partial settlement of the Native claims arising from the Exxon Valdez oil spill. The agreement provides for the
      Knight-Ridder  -  227 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1094 31 Page Col ABC Containerize 16 4 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 17 4/5 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 5 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 Bait
      1,094 words
    • Article
      Lock icon Jordan agrees to quayside checks at Aqaba
      214 31 AFP AMMAN Jordan has signed a contract with the international shipping insurance group Lloyds for quayside checks to be carried out at the Red Sea port of Aqaba as part of the UN embargo on Iraq. The controls on the quay will replace
      AFP  -  214 words
    • Article
      Lock icon Sea-Land sets up container depot venture in Shanghai
      297 31 Reuter, AFP HONGKONG Container company Sea-Land Orient Ltd said it had formed a joint venture with the Shanghai Port Comprehensive Development Corp to operate a container depot and trucking operations in the Chinese port city. The depot, located next to Shanghai's container
      Reuter,; AFP  -  297 words
    • Article
      Lock icon Squatter problem delays Japanese loan for Philippine port project
      267 31 AFP MANILA Japan is awaiting the completion of the relocation of more than a thousand squatter families from a major port project site in the Philippines before releasing a 1.1 bil-lion-peso (5562.4 million) loan, a senior Filipino official said yesterday. Japan
      AFP  -  267 words
    • Article
      Lock icon Fishing ship burning off Alaska
      361 31 Reuter KODIAK, Alaska One hundred and thirty-two crew members were rescued from a fishprocessing ship that burned out of control, trailing a 12.8-km oil slick and a plume of toxic smoke off an eastern Aleutian island late on Sunday, the US Coast Guard said. One
      Reuter  -  361 words
    • Article
      Lock icon Terminal illness strikes US intermodal operations
      839 32 A 4 K' Line executive prescribes strong medication to treat not just the symptoms but the actual disease that many railroads are suffering from American Shipper MANY intermodal operations suffer from terminal illness foulups at transfer points that raise costs and anger customers. Alas,
      American Shipper  -  839 words
    • Article
      THE SHIPPING GUIDE
      14141 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      14,141 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        474 48 fnjil Voy No Berth Anwal Depvturt Vessel Vo1 No Berth Vriv»l Departure hronz Port Lunhuashan 9401 TO5 alongside •atanBrtMa 07/06/94 II alongside 2707/2345 M/Partner 26/07* P01A alongside 26.07/1500 Batam Baru B338 112 alongside 2707/2300 Nee Ouk 1 09/94 P04 alongside 25J/S22 C**a Mit |a akxsside 2707/0600 Petcio
        474 words
      • Article
        CONTAINER SCHEDULES
        1112 48 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rdts Voy No Etb/Btr Period From To From V, lnhR 0548 79/2000 3 27/0700 27/1159 27/1400 Loto 0548 4 27/1200 27/1459 27/1700 128A 27/1500 W 26/1500 26/1659 26/1900 B 0557 29/0700
        1,112 words
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      Daily Freights
      717 48 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,437 on Monday from 1,436 on July 22. Capesize rates were generally firmer in the Atlantic area, although few fixtures have yet to be reported, brokers said. Rates for South Africa loaders were also significantly stronger
      717 words
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      • Article, Illustration
        BMW says Rover will retain its own image
        541 50  -  By Ramesh Divyanathan SINGAPORE The image and character of BMW and its newly acquired British car maker Rover will remain separate, although the companies may share some strategies. According to BMW spokesman Ralf Hussmann, there are areas in which the companies can
        541 words
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        Lock icon McDonnell considers new 100-seater plane
        327 50 AFP WASHINGTON McDonnell Douglas is considering developing a new 100-seater aircraft, senior officials of the second largest US aeronautics concern said on Monday. The McDonnell Douglas board has decided to ask potential clients if they are interested in the new plane, to be called the
        AFP  -  327 words
      • Article
        Lock icon Mercedes-Benz plans plant in Vietnam
        189 50 Reuter HANOI The German firm Mercedes-Benz has told the Vietnamese government it plans to set up a plant to assemble commercial vehicles and cars in Ho Chi Minh City, an official newspaper reported yesterday. The plant could start operation by the end of 1995 with
        Reuter  -  189 words
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        Lock icon Lucas rejects claims of problems with plane parts
        486 50 Bloomberg Business News PARIS Lucas Industries pic has vigorously rejected claims that it had quality problems on parts supplied to Boeing Co for its commercial jets. "We reject claims of quality problems with the actuator flight parts supplied to Boeing," said Lucas
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      • LOG BOOK
        • Article
          Lock icon Sabah yard to build M$40m tanker
          117 50 Bernama LABUAN Sabah Shipyard Sdn Bhd (Saship), a wholly owned subsidiary of Westmont Berhad, on Monday launched the construction of 9,900-dwt coastal tanker Bunga Kemiri at its yard here. Saship said the tanker, the third to to'Jt for International Shipping Corporation Berhad (MISC), would
          Bernama  -  117 words
        • Article
          Lock icon Maltese cargo work returns to normal
          66 50 Knight-Kidder LONDON Cargo loading and discharging returned to normal at the Maltese port of Valetta with the end of the port workers clerical staff strike on Saturday, according to Uoyd s Intelligence. Pilotage and Mooring Corp workers and employees of Tug Malta were boycotting
          Knight-Kidder  -  66 words
        • Article
          Lock icon Qantas ups Sydney-Seoul capacity
          71 50 Bloomberg Business News SYDNEY Qantas Airways said it is almost doubling its seating capacity on non-stop flights to South Korea and adding first cuss service. The airline said it is replacing its 240-seat Boeing *****0s with 400-seat Boeing 747s on the route. "Korea is the one
          Bloomberg Business News  -  71 words
        • Article
          Lock icon Lufthansa, Maersk in handling deal
          102 50 Bloomberg Business News COPENHAGEN German carrier Lufthansa and Denmark's Maersk Air have established a cooperation on flight handling in Copenhagen's Kastrup Airport, Danish daily Bcrlingske Tidenac reported. Lufthansa will buy 15 per cent of Copenhagen Air Services, a fully owned unit of Maersk Air, which
          Bloomberg Business News  -  102 words
        • Article
          Lock icon Continental renames no-frills service
          65 50 Reuter HOUSTON Continental Airlines said on Monday it is renaming its no-frills, low-fare service Continental Lite and expanding the fast-growing, short-haul flights. The service had been known by its in-house name CALite since its introduction last tall, but chief executive Robert Ferguson said market research indicated
          Reuter  -  65 words
      • Article
        Lock icon KLM Cargo to start express service to US
        256 50 Reuter AMSTERDAM KLM Cargo, the air cargo division of KLM Royal Dutch Airlines NV, said it is planning to start a new door-to-door express freight delivery service between Europe and the US by 1995. A spokesman said this twoway service would be
        Reuter  -  256 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1410 50 a& fi«m cta nm no. GA983 0920 GA984 0310 MM MuM GA895 1305 SQ442 2000 0K510 1900 0K511 2255 Mttehfr SQ227 2030 ftmtntii RJ182 1440 RJ183 2225 Amsterdam KL831 0935 GA974 0345 GA895 1305 KL832 2300 SQ323 1815 SQ324 2345 NZ21 1820 NZ22 1935 SO285 2045
        1,410 words
      • Article
        Lock icon Fokker hopes to form leasing firm by year-end
        338 50 Bloomberg Business News PARIS Dutch jetmaker Fokker NV said on Monday it hopes to form a separate leasing company by the end of the year so it can remove from its balance sheet the value of at least two dozen Fokker-made jets
        Bloomberg Business News  -  338 words
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      57 31 Drager a* SAFETY EQUIPMENT (SOLAS APPROVED) PA9O MARINE ■flDl V2L HIGH QUALITY-HIGH raVORMANCE HIGHLY AFTOftDABU HflHWl Draeger South East Asia Pte Ltd 67 Ayei Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING Terminal illness strikes US intermodal operations, Page 2 BMW says Rover
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      26 31 Lines and service* represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. \^7 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      19 31 @%&(%`;[",',&)')*]:--/(?/<=%"[. \Cw~' EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. m Business Times mmmßAt*
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      1879 32 tmPSGSTam, I IMPORT.... IMPORT.... I NORTH AMERICA! 1 OTHER DESTINATIONS I LUfiflTH AMERICA raittCt CA!O tMB SgjS HJft gA p))l m c><c uncp an wo 01 iaieno santos win mu«> eaaanacua «ssti *ot wo ios waits oaklam »ANCou*a shttu s-wb 1 3«~ 27-21.7 13.1 is7~ 17.1 111 16.1 IU 174
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      1988 33 OOCL (St PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. IHO. 020. WItUWJATATg.: 03-75.777. FAX| CFS 03 7*53.2 t CR NUMBER: **********0 C TEL: M4l" FAX; «2tt3l DOCUMENTATION TEL: *****55 (INWARO)/*****90 (OUTWARD) 2 5 43 4 (OPNS) CUSTOMER SERVICE TEL: 3*9,92,3269,9 W32.9, S K£ SSSISSS" Dedicated to Quality Service
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      1776 33 NO DETAILS TOO SMALL NO EFFORTS TOO GREAT r Vessel Voy ETA ETO Feeder ed by DESTINATIONS Th« week macxson MAERSK VMOB I 1.8J.11I I.TWWcR!TI«WIWWIIT!WITaHW!MgHia!fffri!^BH!MnEnHgnB 02/06 0800 HRS HH WKM CFS 01/08 2359 MRS JOH LPK PEN OAK LG6 SFO MEM ATL MIA CMS BAL PHL NYC TOW MADISON MAERSK
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      1562 34 |™T AQABA R'DAM/ [I ALSO ACCEPTING FROM VESSEL VQY NO SPOWE JEDOAH (VIA JED) S TON H'BURG A WERP HAVRE V»EBT MALAYSIA FRANKFURT EXPRESS 74/129 27/7 13/8 '6/8 '4/8 Poft Kelang, Penang LEVERKUSEN EXPRESS 19/329 30/7 6/8 15/8 17/8 20/8 22/8 24/8 Pasir Gudang KATSURAGI 22/130 3/8 20/8 23/8 21/8
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      618 34 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharun) C.1.5./RUSSIA: Vootochny, Vladivostok, Mo*co«, Baku, Tashkent. Irkutsk. Alma Ala, Ashgsbod, Dushanbe, Kim 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 03/8 30/8 Ned America V.2264 09/8
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      977 34 NORASIA WEEKLY SERVICE WITH j FIXFD DAY SAILING IQ LA SPEZIA.FFOrS r BARCELONA VALENCIA FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH S PORE GENERAL A6ENT: NORASIA A6ENCIES (S) PTE LTD ALSO ACCEPTS LCL TO: T FIl: *****83 FAL *****90 CR NO. *****8****** VENI6I/TRIESTE/ANCONA/AIiXANDtIA/PQftT THAILAND AGENT :PB
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      1694 35 H STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 mßtmammmmmmmam ASteS new guinea pacific line /avEp (A SERVICE OF CHINA NAVIGATION CO) cmgo s**.s amm S TRAITS met VI4C Muara. Lab. KK 2721 U 29 M 30 M FCL, LCL CONTAINER
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      3061 35 SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd 1 Smm W Vjlllll/fll IICX d 10 Ho Chiang Road #07-01 Keppet Towers, Singapore 0208 Tel: 225 2233 Te»ex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z M vessel voy 'ma m mm sou ant hot ham oot im lem
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      40 35 0 ORIENTAL LINES [INDIAN OCEAN SERVICE CONTAINER/BREAKBULK ETA iTA ETA ETA ETA SINGAPORE COLOMBO MALE MAHE MOMBASA M.V ARGOMAR 1 30/7 6/8 11/8 M.V. ORIENTAL 2 5/8 12/8 14/8 19/8 22/8 A**** Inchcape Shipping Services Bookings: *****54/*****98 Fax No: *****88
      40 words
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      683 36 GENERAL AGENT C.R. NO: *****81-***** I 2 EKA jaya agencies idlif TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE J IHO CHI M—< CITY PAQtW I HAHPfHOHB/MHBCI_| ■SIS »«WM 777MW/H4IBH MkYIW CHAW IMM2S MMTa/lWra mawv ra»» aaaa— 1 m I \mmMi%nmri 1 f] ►TO VIETNAM/HCMC COWTAmKA-rceDCR BERVICE DO*
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      1104 36 OHANJIN SHIPPING II BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 P SALES TEL:- *****30-233 DO11; w iri cm iwe HAUL Sth TVR FOX TO® *SL sw UNE HMI SAV IM NTC Ij I MMViITIE 034f 30/1 HRECT 11/t 19/1 20/1 HANJW SEATTLE 034 C 30/7 M. ASM 017E 1/9 2/9 4/9
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      1288 36 W J mhJ M I I w W lit 11! W Ml OS* NST SMI ITO LAI CMS IN. Bt I* MAR M* ne IMS f» *1 t suamt m-Hi wi mpt 1/1 1/1 s/i i/i »/i i#/i n/» u/» u/i */> i/» »/J *>|J W}J Jl? {fl I SMI
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      1952 37 II PLEASE CALL HI H II NEPTUNELINK (1800 *****00 TOLL-FREE) *H jOBL H FOR THE FOLLOWING INFORMATION: ■I KSZ H vessels eta/etd/exchanqe rates/shipping services/ II Xr M freight charges payable/store rent charges/ HI II jr I] AVAILABILITY OF DOCUMENTS FOR COLLECTION HI lAPO«7 TO: PSW/PIVW SINGAPORE CALIFORNIA iXPRfSS (BCX) TO:
      1,952 words
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      1023 37 A MULTILINE SHIPPING PTE LTD H (i member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64. *****51. *****31. *****13 V BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
      1,023 words
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      1349 38 44 AS AGENTS. "K" LINE (SINGAPORE) PTE LTO (CI NO: 1244J*****0M/GST REG NO: M2-0017W9-i) K" TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W W IWT MALAYSIA: "K" HUE MARITIME (MALAYSIA) SON BHO ra W%j TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I *Ai INDONESIA: P.T. SAHARA
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      694 38 @APPENSHIP HAMBURG [TXJ CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO 80UTH EAST ASIA AND FAR EAST I VESSELS LOAttNG PORTS HSCHMGE/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 J /I T\\ ISLAMIC REPUBLIC OF ACCEPTING CARGO TO GULF PORTS
      694 words
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      423 38 t f GOLDEN LINE Ty GUAN GUAN SHIPPING J \\>s><\ (PTE) LTD M 2J. T«M *j« Street SNGAPOK 01M J m S34JMS (11 1MB) fat: U4J504 <« u. maismwi) BTttAITS/PXKSLAM OPLF gflg S pore P. Kriang Penang > COLDEN STM Karachi; Dubai/ Kuwait 10/12 Aug GOIOCN KM KaradN/Dubai/Ku»»t 2S/29 Aug
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      1013 39 /aSSgfMM PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I VESSEL VOY SM BKK "siN VESSEL VOY SIN JKT Sis KOTA SARAS BSSOI7 31/7 3/9 7/■ KOTA MULIA MULOII 31/7 3/9 7/S K. BUAMA (BMT/LCH) BNAOI9 2/1 5/1 9/9 BUNQA TERATAI 4793 2/8 5/1 SRIMANEE
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      985 39 vessels ww """sal™"" it mm hanbupg thus noite«pam ant»mp i Vt.ll DMM HO4W 02/00 24/00 26/00 27/00 2t/0t 30/00 VULE K LTD* YO4W W/M 31/00 02/09 03/00 M/OT 06/09 VULE DC VIGA GO4W WO* 07/00 00/00 10/08 U/00 13/09 i VULE 0C «LA VO4N 23/00 14/00 lt/OT 17/00 10/00 2Q/Q9
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      780 39 MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdj AVA VI29W 03/04 Auf 27/02 Au{ HPAAN V2O4W 30/31 Jul PA THEN Vl3ol* 08/09 Auf 30/07 Auf PAGAN V2I2W 12/14 Auf 01/10 Au| MALAYSIA AGENTS BOUSTEAD SMPPMG AGENCCS KUL TEL 03 *****00 PKL TEL 03
      780 words
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      2219 42 :1^ p DIRECT BBRVICE IWviTO isiMfi (haifa, ashdod I via haifa) I PER MONTH pi i^Bl^Hß^^Ml^^H^Ml^HM^H^Baaai^^l Singapore's Genersl Agents: COSTAR SHIPPING PTE LTD (General): *****00 Sales/Booking: Agency Dept: It 6 Skenton Way *17-08 if ,G a J!i 2£lf£ 6 Container: *****41/844 Container Svc B/L *****02 Operation Container: *****15 C. 085
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      770 42 LINEA (EX JUGOUNIJA) 1 ffSStl SWtt PK PNC LOADW6 FOB 10SMJ 24 AUG 27 AUG Aleiandria. Beirut. Istanbul Trmte. Koper. Lattalua. Itmassol Mersm P Said. Riieka Venice SIOVENIJA 15 SIP 18 SEP do General Agents: EAST MOUNT AGENCY (PTE) LTD Sniaport Kuala Lumpur Port Ketanf Penanj SPORE 'A' VESSEL OC-190
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      176 42 /Cnorbul^\ I NORBULK CARGO SERVICES LTO. 1 I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES OAONGFOR I SEA SONNET *PT 01/S FLU/ROAH/ANT/W I TIAM IMG 10/8 12/# FLU/ANT/W I I NORBULK TBN 20/8 24/8 DBN/CPT/EL I AISO LOOPS TAWAU. KK. TG. MANI PK SWK/SABAH LOADING FOR NORBULK PINE 20/8
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      692 43 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 FELIXSTOWE/UK 01/8 BARCELONA/SPAIN 01/8 LEHAVRE/FRANCE 03/8 j GENOA/ITALY 01/8 ANTWERP/BELGIUM 01/8 LOS ANGELES/WC/IPI 30/7 SYDNEY/MELBOURNE 29/7 NEW YORK/EC 30/7 FREMANTLE/ADELAIDE 29/7 VANCOUVER 29/7 BRISBANE
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      948 43 j****!!!z a WBj^ |-|-n 1 YEBBgL *21 J*' fj VESSEL VQY ggl PEN mp I >swa bhum us Fri nn tw 2/1 1 pejabhum «n fh I as/7 soi jon WjIVESSEL VOY SIN BKK I BHATWA BHUM 40S SoI 30/7 Too 2/1 KOTA BUWOI7 Bon 31/7 Too 1/7 H RATHABHUM
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      262 43 UTEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) CR NO.: **********0E hjjT\; ETMPMN SMPPIM IMS f (National Lines ol Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vnml Voy CTA Loading For Sport Abbay Worvi 40WB 15/08 Mombasa. Djibouti Assab. Masuwa Andmol 36W8 20/00 Mombasa. Djibouti Aaaab. Maaaawa H
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      534 43 i Qumrairt—d Smlllnto:BANGKOK/LAEM CHABAWG/LAOS 30/7 (SAT). 27« (TUE) PORT KELANG/POUMG 21/7 (THU), 29/7 (FW) HONG KONG 29/7 (FW). 2/1 (TOE) IAKARTA 29/7 (FIB) J MAMLA/CEBU/SUBtt BAT 2/1 (TUE) HO CH IH »/7 (FW) SURABAYA 31/7 (SUN) BUSAH 31/7 (SUM) PONGNAMA UNE POWTAHWWP HRWi ITWIT|/B.W/WC/M>lj kssei f» n mm m nc
      534 words
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      1368 44 ||JMyW 66Nf AJNijt. i.ME§TiRg" j GENOA/EUROPE "~1 I P£N PKL SIN SSWUNGS/HEEX PEN PK SIN 27/7 28/7 29/7 HK6/BKK/KEE/KHH Gonoa/Barcolona/Marso««s 1/8 2/8 3/8 I 29/7 30/7 1/8 HK6/BKK/KEE/KHH GWCTiaien/S'hoWOslo 1/8 2/8 3/8 .1 1/8 2/8 W *«=/■»■WW /R,m/.n./Ham/1 IT/i 3% Y/8 I JPN/KOREA/MANILA I PORT KELANG/PENANO/P. QUOANQ Mania/Cebu 27/7 28/7
      1,368 words
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      178 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD (i« n* m JTOM rati KiIMK PUMK BLIK MK 15// loadmg toe Matt RUVM HUCHU 20 8 loadmg Kx Ovbai Dan*) ta Port Sated loading for Mate mm sum* 2/8 Loading For Mate IMftEOM 8 1 loath* for Mate PtOOKS IBUttY IS
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      1165 44 f O THONG SOON UNES PTE LTD j I SHENTON WAY #10-01, SH6APORE 0207 I O V/ TEL: 227-508* FAX: 227-6011 I N y TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO 4 ruomm ooom ccm**«r SINGAPORE TO SARAWAK SINGAPME TO THAILAND j VESSEL VOl" S'PORE DtST VESSEL VOT
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      618 45 W2VEVERETT ORIENT LINE" w JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG KAMUU/SOC CAMOES TO/ftON KOBE. YOKOHAMA. RAGOYA, MOl. TOKYO*, MANIA*, OMAO*. twmf P. KtUnc S«fJpor« Elta* SHAPUEVERETT ¥2iE 21/29 M 30/31 W 44 KARABEVERETT VISE 01/09 At* 10/11 Au| (VYEVEKT7 VIOE 04/05 S«p 06/07 Sap ACCEPTWS BKMBU.K/FCI/SOC CARGOES TO/FHOM CNTTAGOH6, CALCUTTA AM)
      618 words
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      234 45 BE GLORY NAVIGATION 6ROOP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 29/7 1/8 7/8 16/8 GLORY SELATAN IX 6/8 8/8 SP KOMPONG SOM GLORY SELATAN VHI 8/8 11/8 I LINER SERVICE USA, VANCOUVER,
      234 words
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      538 45 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK ft CONTAINER SERVICE vessel wr I aw Karachi MUN IM-hw n/M 20/0t ISLAMABAD 124HW 24/00 02/00 HYOERABAO 133-HW 13/00 23/00 MAKRAN 151 HW j FAR EAST CONTAINER SERVICE ONLY vesseT^^ ""voT* aw osT" nag"" ron HYDERABAD 132 ON 13/00 17/01 21/00 23/00 23/00 27/00
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      648 45 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS Yl HE/100 26/07 09/08 10/08 12/ OS 30/ OS SHUN ME/105 11/08 25/08 26/08 28/ OS 15/08 TAO HE/87 26/08 09/09 10/09 12/09 30/09 NAN HE/87 11 09 25/09 26/09 28/09 18/10 HUIHE/108 26/09
      648 words
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      257 45 Si FAR EAST 02/08 KEELUNG/KAOHSIUNG 31/07 BANGKOK 31/07 MANILA/CEBU 31/07 JAKARTA/BELAWAN/SURABAYA 31/07 PORT KELANG/PENANG/E. MALAYSIA 31/07 BUSAN 31/07 TOKYO/YOKO/KOBE/NGO/OSA 31/07 HONG KONG SjN CH||U 31/07 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 01/08 LON/FLX/LVP/SOU 01/08 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. Si USA/CANADA 31/07 LOS ANGELES/NEW
      257 words
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      624 46 PHI LI-on It NT LINGS PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0H)^ 2ft Si 3 XT A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION 30 JUL SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 4
      624 words
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      Page 46 Advertisements Column 2
      295 46 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 03 AUGUST (Accepting to all New Zealand porta) PENANG 29 JULY JAKARTA 31 JULY POUT KLANG 4 AUG BANGKOK 31 JULY MELBOURNE 1 AUG SYDNEY 1 AUG BRISBANE 4 AUG FREMANTLE 31 JULY ADELAIDE 29 JULY 30 JULY I 'ACCEPTING TO ALL
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      Page 46 Advertisements Column 3
      443 46 This Week's Sailings *~"ts= ,PKU r FIRST FORWARDER IN». To: ETD To: ETD asia awarded Singapore Singapore ISO 9002 BY LRQA EVERY EVERY a. Bangkok SUN Jakarta SUN Wi EVERY EVERY Manila SUN Ho Chi Minh FRI [siHjS) EVERY EVERY rSI i Colombo TUE Limassol THUR L -==ii INTERNATIONAL SEA
      443 words
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      Page 47 Advertisements Column 1
      1428 47 iSEAMAORGENTIN/UJN^^&n CONTAINERISED "HUB" SERVICE f I DIRECT TO ARGENTINA/BRAZIL URUGUAY V VfflfV VOY «N P. ARENAS USMUAIA M «TV»«0 SWT WW FRANCISCA SCHULTE 02E 15/08 19/09 21/09 26/09 I 27/09 I 30/09 I 24/10 ALEXANDER SCHULTE 03E 02/09 07/10 09/10 14/10 I 15/10 18/10 I 13/11 CAMOPUS 03E 04/10 08/11
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      Page 47 Advertisements Column 2
      428 47 CEYLON SHIPPING CORPN rcS|3fl National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH continental ports gA mcawww wm a/i; m/m wauuw H MMmUiMI WH »3/M M/M nungm* ww nm »w vm nm »m ■MMMgjllgg Mill 11/ M M/M mumiquu w n/ti um nm nm am WU« OTfflM* HMW
      428 words
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      Page 47 Advertisements Column 3
      519 47 LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.47 VESSEL DEKASRIST N. KRUPSKAYA PRIMORSK PAVLOGRAD PETROOVORETSI PRIOZERBK PORTS EBI3 EBI4 EBIS EBIB EBI7 ESIB BUENOS AIRES' Soiled Sailed SaMed 20-28/07 03-08/08 24-27/08 MONTEVIDEO Salted Sailed Sallsd 29/07 08-07/08 29/08 RIO OH AN OO SO Ssllsd 18/07 31/0701/08 13 14/08 04-QS/09 DURBAN Sailed 27/07
      519 words
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      Page 48 Advertisements Column 1
      446 48 ffH "wMi V V »U 13 VESSEL VOYAGE SWGAPORE MANILA LAHKA MAHAPOLA ****** ?$/Q7 03/0* (*H» wmv PERVOMAYSK *****N 02/08 (TUE) Q6/QS (SAT) WKj lit VIGOUR PAOFIC *****N 05/08 (FRI) 10/Q8 (WEp) LANKA MAHAPOLA *****W VESSEL SXGAPORE GENERAL SANTOS DAVAO CEBU NX PLAY MOROZOV *****E 31/07 (SUN) 06/08 (SAT) 07/08
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      Page 48 Miscellaneous Column 1
      298 48 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1(00 1710 1100 1900 2000 2100 2200 2300 K 2.1 3.0 3.0 2.1 2.3 16 1.1 0.7 0.5 0.4 0.6 1.1 U 2.3 2.5 2.5 2.3 13 1-2
      298 words
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      Page 49 Advertisements Column 1
      786 49 ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 pha* pke* rfip* I rasas voi~ sm rtm ant* lew ham brei fel "27/07 29/07 30/07 H. EXPLORER 312* 01/08 19/08 21/ OS 22/08 21/01 21/08 23/08 03/0| 05/01 06/08 NOR FRBOURG 312W OS/OS 26/08 28/08 29/08 28/08 28/08
      786 words
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      Page 49 Advertisements Column 2
      446 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS rtSUL VOV V ft KUC KI MM BIT SOWAI 21 3/1 1/9 OUMPm TRADE* 40 7/1 9/9 o*ange moon m u/9 KOUSHUN 31 U/I 12/1 IS/I 17/1 OUTBOUND VESSELS loadimc fou mtm/wm (PIKE C>R CARRIER) KOUSHUN V4l SP Jl/1
      446 words
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      Page 49 Advertisements Column 3
      961 49 JEDDAH/UK/COKTNENT I STORE lEO S TON HUM RDM! UN •Mm Amp** C*|» tm: LEVEMUSEN EIPRESS 19/329 19/7 9/9 17/9 29/9 22/9 24/9 luiml" to «l UK dtslMtai. B*N»t ad OuMfc MTSUUfI 22/139 3/9 29/9 23/9 25/9 Utter dan :to M Aahrap, Amlwd* o*. NMN MM 29/339 9/9 15/9 24/9 27/9
      961 words
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