The Business Times, 2 August 1994

Microfilm: NL19569
Total Pages: 62
1 62 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times MITA(P) 010/12/93 Tuesday August 2 1994 Wli KNOW ASIA 75*
    13 words
  • 2 am LATEST
    • Article
      Lock icon Dow up 14.57 points
      49 1 Reuter NEW YORK Wall Street stocks rose yesterday. In the broad market, advancing is sues beat out declines 12-7 on NYSE volume of more than 148 million shares at Ipm EDT. The Dow Jones industrial average was up 14.57 points at 3,779.07 at 2pm EDT.
      Reuter  -  49 words
    • Article
      Lock icon Pentagon overestimates savings: GAO
      38 1 Bloomberg Business News WASHINGTON The Pentagon is overestimating savings from cutbacks and underestimating weapons costs, which could leave its budget for 1995-1999 as much as US$l5O billion short, the General Accounting Office said yesterday.
      Bloomberg Business News  -  38 words
  • Article
    MARKET SUMMARY
    165 1 Stock Mrfcit indices Monday Change ST1I 2,243.89 +37.47 KLSE Comp J ,056.34 28.83 Nikkei 20,271.35 -178.04 Hang Seng 9,683.68 +200.87 SET Index 1,401.98 +25.10 Jakarta Comp 452.72 +1.64 CLSA China B 1,048.08 +11.55 AustAUOrd 2,082.1 +20.6 FTSE100 3,097.4 +14.8 Monday Previous 2pm close Dow Jones 3,779.07 3,764.50 Average
    165 words
  • Article
    Stocks soar in S'pore, KL, HK
    517 1  -  By Quak Hiang Whai SINGAPORE It was the good old days again yesterday. A buying wave swept through the Singapore, Malaysia and Hongkong stock markets, thanks to a lower-than-expected US economic growth figure and bargain hunting by institutional investors. In Singapore, the Straits Times
    517 words
  • Article
    Singapore's non-oil domestic exports up 44pc in June
    527 1  -  By Genevieve Cua SINGAPORE The Republic's non-oil domestic exports surged 43.8 per cent in real terms in June, bringing the sector's second-quarter monthly average growth to 32.9 per cent. Analysts are surprised by June's robust trade performance and some have consequently revised
    527 words
  • Article
    Lock icon US$ falls against yen on sanctions move
    392 1 Reuter Bloomberg Business News NEW YORK The dollar opened more than one yen lower yesterday after the United States stepped up trade pressure on Japan by starting sanctions proceedings. The currency lost ground in the Far East shortly after US officials announced they
    Reuter; Bloomberg Business News  -  392 words
  • Article
    RDC fully indemnified by MND Hldgs in $23m claim
    300 1 SINGAPORE Resources Development Corp (RDC) said yesterday that it was fully indemnified by MND Holdings against a $23 million claim by local quarry contractor Tcknikal Dan Kcjurutcraan (TDK). The listed building materials supplier said this in response to a Business Times
    300 words
  • Article, Illustration
    Lock icon CPF loan applications for private property fall 17pc...
    392 1  -  By A J Leow SINGAPORE The number of Central Provident Kund loan applications for private property dipped about 17 per cent year-on-year in the second quarter of 1994. There were 3.946 applications under the Residential Property Scheme (RPS) in the April-June period,
    Source; cpf  -  392 words
  • Article
    ... and withdrawals for share purchases plunge 73pc in 2nd qtr
    322 1  - and withdrawals for share purchases plunge 73pc in 2nd qtr By Paul Leo SINGAPORE Withdrawals from the Central Provident Fund for share purchases fell sharply in the second quarter as investors turned cautious, sobered by the steep declinc in the stock market earlier in the year. Figures released yesterday by
    322 words
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      123 1 ThtWoritftSmM 36mm Auto Wr Focus Zoom Camera News Companies S'pore News 2 SpoftWsa 17.18.20 Reporat News 3,4.6 Financial 21.22 World News 8 Futures Markets Analysis 15 CJob/iaSt. StS 26-28 Editorial 14 teg*** M Sports 11 World 25 TV/Litestyte 13 Currencies 22 Focus 7 Simex/Commo ...22,23 SokscriptiM Tel 1800-*****77 Fa. *****75
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      9 1 Property: Pg 9 Marina Square: a new financial hub?
      9 words
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      13 1 Hock Lock RDC in the rmh agqbn US-Japan trade tensions soar, Pr 16
      13 words
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      Page 1 Advertisements Column 4
      63 1 tfThe twttom Line: Pg 16 jfa£t)ie EAEC bothers the West Full reports, Pgs 24-28 China's bourses surge, Pg 4 I lock Lock Sietv: Good time for leng Fuh to take bigger stake in RDC, Pg 17 H Timber king Prajogo Pangestu gives a rare interview on Barito Pacific, but keeps
      63 words
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      Page 1 Advertisements Column 5
      74 1 r The Worth SmM 3Smii Auto Focus Zoom Camen ZGDA/13CD QD MUFs net interim earnings rise 61pc to Ms3Bm, Pg 17 Thai coalition govt may not last its full term: Chuan, Pg 3 I*'*' f :•':4fi jL-L \J%/ a/iier Bcxibqu^/ SINGAPORE Ngee Ann City, Tower B, #01-11, 391 Orchard Road.
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Visitor arrivals up 7.2 pc at half-time
        328 2  -  By A J Leow THE NUMBER of visitors to Singapore rose 7.2 per eent to nearly 3.3 million in the first six months of this year, aecording to the Singapore Tourist Promotion Board. Eight of the top 10 inbound markets showed growth the
        Source: STPB  -  328 words
    • Article, Illustration
      Lock icon URA maps out vision for Tanglin as prime housing hub, Changi as resort
      552 2  -  By Abdul Hadhi TANGLIN will be a prime residential area. Orchard Road will continue to be a commercial corridor while Changi is to be revitalised into a charming seaside resort. This briefly sums up the three latest
      Source: URA  -  552 words
    • Article
      SPH and NCB win artificial intelligence award
      254 2 PUBLISHING group Singapore Press Holdings and the research and development arm of the National Computer Board have won a premier international award for the Alexis layout system. The award for Alexis, short for Automatic Layout Expert with Interactive Support, will be made by
      254 words
    • Article
      S'pore manufacturers expend on retained earnings, loans to run business: survey
      342 2  -  By Chuang Peck Ming SINGAPORE manufacturing firms generally rely on retained earnings and bank loans to run their business, a survey shows. The survey, by the Singapore Manufacturers' Association, shows 87 per cent of 352 companies surveyed use retained
      342 words
    • Article
      Telecom cuts international calling card rates
      202 2 SINGAPORE Telecom has reduced the charges for international calling card services a move which saves card users more than $4 million a year. The calling card is made for the frequent traveller who wants the convenience of one access number and a means to
      202 words
    • Article, Illustration
      Singapore Airlines soars with top Asia/Pacific carrier award
      186 2 NATIONAL carrier Singapore Airlines has added yet another feather to its cap. It was named "Top Asia/Pacific Airline" at the first-ever World Travel Awards held in Los Angeles last month. SIA announced yesterday. In accepting the award. SIA senior vice-president for Americas
      186 words
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      Page 2 Advertisements Column 1
      161 2 ~!$}\@{].@=-)<\]&;*(-/{*(]>${}: The World's most Livable City Offers its best! SB^ Bellevue Hill, Melbourne's Best Nra> Housing Estate Come and see why our exhibition. You'll be impressed by million dollar quality of houses, tree boulevards, cycle paths and Superb new freehold bungalow with land (Av v vw» affordable prices. days \j[
      161 words
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  • SOUTH-EAST ASIA
    • Article
      Thai coalition govt may not last its full term: Chuan
      442 3  -  From Loh Hui Yin in BANGKOK THAI Prime Minister Chuan Leekpai said it would be difficult for his five-party coalition government to last its full four-year term. Internal rift and insufficient support in Parliament were two factors that could threaten
      442 words
    • Article, Illustration
      Lock icon Ex-Bapindo president in court on fraud charges
      217 3 Reuter JAKARTA The former president of a state bank in Indonesia yesterday became the fourth and most prominent person to appear in court on fraud charges following a multi-million dollar banking scandal that has rocked the country. Subekti Ismaun was charged in the
      Reuter  -  217 words
    • Article
      Lock icon Malaysia posts 8.5pc growth in Ist qtr GDP
      388 3 Bernama KUALA LUMPUR Malaysia's Gross Domestic Product (GDP) between January-March this year rose 8.5 per cent from 8 per cent in October-Decem-ber 1993, and 7.5 per cent in the same period a year ago. But Bank Negara. in a review of economic
      Bernama  -  388 words
    • NOTE BOOK
      • Article
        Lock icon E Timor won't hurt US-Indon trade
        97 3 Reuter JAKARTA A senior American official yesterday brought up developments in East Timor with Indonesia but said unrest there would have no impact on a trade privilege granted to Jakarta D> Washington. "East Timor is an important issue... for Indonesia and the United States."
        Reuter  -  97 words
      • Article
        Lock icon Foreigners can buy Viet govt bonds
        76 3 AP HANOI Foreigners and overseas Vietnamese are now eligible to buy bonds issued by the Vietnamese government, the state-run Vietnam News Agency said yesterday. Prime Minister Vo Van Kiel recently approved a law that also expands the pool ol possible buyers to include all
        AP  -  76 words
      • Article
        Lock icon M'sia is 19th biggest trading nation
        51 3 Bernama KUALA LUMPUR Malaysia has emerged among the world's top 20 trading nations, surpassing Australia and Austria to become the world's 19th largest exporter and importer in 1993. the Malaysia External Trade Development Corporation said in its latest issue of Buleiin issued here yesterday.
        Bernama  -  51 words
      • Article
        Lock icon Indon infant mortality cut by one-third
        94 3 AFP JAKARTA President Suharto said yesterday that Indonesia's family planning programme has cut infant mortality by almost a third since the *****, while annual population growth slowed by 36 per cent to 1.6 per cent. He said at a meeting on population issues that
        AFP  -  94 words
      • Article
        Lock icon KL will prosecute Al-Arqam leader
        83 3 Bernama RAWANG The Malaysian government will prosecute AlArqam leader Ashaari Muhammad if he returns to Malaysia. Prime Minister Mahathir Mohamad said yesterday. "1 think this time we have got all the evidence it is clear that they (AlArqam members) have deviated from the teachings of
        Bernama  -  83 words
    • Article
      Lock icon Indonesia to upgrade ports, airports on 2 islands
      243 3 Reuter JAKARTA Indonesia plans to boost trade links with neighbouring Malaysia, Brunei and the Philippines by upgrading airports and ports in Sulawesi and Kalimantan islands to international standards. "The airports and ports in the two islands will be upgraded to accommodate bigger
      Reuter  -  243 words
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      Page 3 Advertisements Column 1
      36 3 1 850 H day. class knot blow Perhaps the VW»rai\ >ffM l^e Your 850 Estate as space for you the In fact your VOLVO 5999 S M Motors. 249 Alexandra Road, Singapore 0315. Tel: 473 1488
      36 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon First robot assembly plant in China
        89 4 Bernama-Xinhua BEIJING An electric fan factory in Guangzhou, Guangdong province, is using the first robot assembly line ever developed in China, the State Science and Technology Commission said. The robot line was developed by the South China Sciences and Engineering University. Appraisal by the
        Bernama-Xinhua  -  89 words
      • Article
        Lock icon China upgrades Spratly troop conditions
        80 4 Bloomberg Business News BEIJING China says it has spent at least 100 million yuan (5517.4 million) to improve the living conditions of its troops on the disputed Spratly islands in the South China Sea, the official People's Daily reports. A front page article appearing on
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Gatt bid will not hamper investment
        94 4 Knight-Ridder HONGKONG An unsuccessful bid to rejoin the General Agreement on Tariffs and Trade would not have a major impact on foreign investment or firms in China, says Minister of Foreign Trade and Economic Cooperation Wu Yi. "If China's resumption of membership is unsuccessful,
        Knight-Ridder  -  94 words
      • Article
        Lock icon Minister warns of price-cutting wars
        60 4 UPI BEIJING Minister of Foreign Trade Wu Yi has expressed coneern over serappy businesses undercutting each other in the drive for a share of international markets, an official newspaper said yesterday. "The price-cutting wars are rampant." Mr Wu told the China Daily. "They only serve
        UPI  -  60 words
    • Article
      Lock icon China's two bourses surge on news of market reforms
      409 4 Reuter Bloomberg Business News SHANGHAI China's two stock markets sprang to life yesterday, with local 'A' share prices surging by more than a third after securities authorities announced a scries of market reforms. The changes, designed to bring long-term investors into
      Reuter; Bloomberg Business News  -  409 words
    • Article
      Lock icon Beijing makes it easier for Taiwanese to visit country
      481 4 Reuter BEIJING China, in a goodwill gesture before an unprecedented high-level visit to Taiwan. yesterday made it easier for residents of the nationalist enclave to visit. The south-eastern Chinese port of Xiamen would begin issuing entry passes to Taiwanese nationals on
      Reuter  -  481 words
    • Article, Illustration
      Lock icon Taiwan radio station operators clash with police; 20 injured
      422 4 AFP TAIPEI Radio station operators, defying police warnings, clashed with riot police yesterday in a bloody melee that left at least 20 people injured, eight seriously. About 300 operators, supported by some 5.000 taxicab drivers and anti-government elements, rallied outside the
      AFP  -  422 words
    • Article
      Lock icon Incomes in major Chinese cities well ahead of inflation
      258 4 AFP Bloomberg Business News BEIJING Incomes in China's major cities kept well ahead of high inflation in the first half of 1994, with families enjoying real revenue rises of 16.9 per cent over the same period last year, figures released yesterday
      AFP; Bloomberg Business News  -  258 words
    • Article
      Lock icon Taiwan's state wine, tobacco firm posts 6.5 pc profit rise
      220 4 AFP TAIPEI The state-run Taiwan Wine and Tobacco Monopoly Bureau said yesterday that its after-tax profit for fiscal 1994. ending in June, rose 6.5 per cent over a year ago to hit NT567.4 billion (SS3.B billion. The bureau, with a
      AFP  -  220 words
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      390 4 Give Your Face a Free Executive Treatment nce Men's Skin Center introduced The p? I Executive Treatment many men have experif enced the pleasure and confidence that *Pr jj comes from having their skin "groomed" < ipt with the same attention they give to their 2 hair and the rest
      390 words
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      Page 4 Advertisements Column 2
      170 4 Conpetitive Interest on Foreign Deposits: and it aU comes back to you For as little as US$lO,OOO, you can start an investment in any of the major foreign currencies with Westpac. Besides AUD, USD, NZD, Sterling and Deutschemark, we also accept deposits in other major currencies. Managing your deposits is
      170 words
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      257 5 IHBnBm^HIHHHHHHMHRfI^IIPPI v«BH M'•.• WlM^Mr bm n I IH» *5 9 'JH HMDI H fl Bl BF I .iumfftitter flm 1 sHI AT LAST. AN OFFICE BUILDING INSPIRED BY THE REPUBLIC OF SINGAPORE. (NATURALLY. IT HAS ONE OF THE MOST INTELLIGENT MANAGEMENT SYSTEMS.) Corporations are making greater demands on Singapore as
      257 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Former Elders chief at centre of sham forex deals, court told
      449 6 AFP MELBOURNE, Australia John Elliott, former chairman of Australian agricultural and brewing giant Elders IXL, was at the centre of a sham foreign exchange deal in which A 566.5 million (SS73 million) was paid to a New Zealand businessman,
      AFP  -  449 words
    • ASIA NOTES
      • Article
        Lock icon Japanese contractors get fewer orders
        63 6 AFP TOKYO Construction orders received by Japanese companies fell 3.4 per cent from a year earlier to 1.387 trillion yen (5520.8 billion) in June, the 17th consecutive decline. The Japan Federation of Construction Contractors yesterday said domestic orders fell 7.1 per cent from a year
        AFP  -  63 words
      • Article
        Lock icon Rebuff for Japanese manufacturer
        115 6 AP TOKYO In an ironic twist to the ongoing US struggle for access to Japanese markets, a US motor parts maker has jilted a Japanese truck manufacturer in the final stages of negotiating a supply contract. Citing growing demand in the United States, Johnson Industry Corp
        AP  -  115 words
      • Article
        Lock icon Australia's exclusive economic zone
        75 6 AFP CANBERRA Australia created an exclusive economic zone around its 36,735-km coastline yesterday when new laws came into effect. The 200-nautical-mile fishing zone surrounding the coastline was converted into the new zone, and Australia's surrounding territorial waters were expanded from 12 to 24 nautical miles. The
        AFP  -  75 words
    • Article
      Lock icon Tokyo economist calls for further govt deregulation
      231 6 Bloomberg Business News TOKYO Further government deregulation of Japanese industry is bound to pay off for Japanese consumers and the economy as a whole. Hidehiro Iwaki, senior economist at the Nomura Research Institute's Centre for Policy Research, recently conducted an empirical study to
      Bloomberg Business News  -  231 words
    • Article
      Lock icon Japan importing less from South Korea
      129 6 AFP SEOUL South Korea's share of the Japanese import market is on a downslide as exporters lose ground to those in developing Asian countries, especially China. The Korea Trade Promotion Corp (Kotra) yesterday said Japan's imports from South Korea accounted for 4.7 per cent
      AFP  -  129 words
    • Article, Illustration
      Lock icon Pakistan flooded with power proposals
      139 6 Reuter ISLAMABAD Energystarved Pakistan has been overwhelmed by private sector proposals for power projects and says it will be discriminating in which it accepts. Applications were received for projects totalling over 19.000 megawatts, as well as for the world's biggest private power project, near Karachi,
      Reuter  -  139 words
    • Article
      Lock icon Indian parliament halted amid uproar over bank report
      270 6 AFP NKW DELHI The Indian parliament adjourned yesterday amid an opposition uproar over a controversial report denying the government's responsibility for a US$l.3 billion (SSI.9 billion) bank scandal. The opposition said it will block proceedings until the Congress (I) Party government withdraws
      AFP  -  270 words
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      Page 6 Advertisements Column 1
      743 6 I I I EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Appointments of nonces, caN toll-free 1-800-741-1883 I The Straits Time* j C.K.TANG C. K. TANG LIMITED (Incorporated in the Republic of Singapore on March 4,1961) Announcement Issue of 5545,000,000 principal amount of 2 per cent, unsecured bonds due 1999
      743 words
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      Page 6 Advertisements Column 2
      361 6 NOTICE NOTICE IS HEREBY GIVEN that, I CHUA TEOW KENG of Blk 341 Bukit Batok St 34 #10-64 Singapore 2365, have applied for a Public Liquor House Licence in respect of premises at M/s Seven Mile Enterprise at 14/14 A Cheong Chin Nam Road Singapore 2159, and that this application
      361 words
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  • FOCUS
    • Article, Illustration
      Structural changes needed to capitalise on Asian market
      1108 7  -  Australian agri-food industry By Peter Osborne SINGAPORE The hopes of the Australian agri-food industry have been raised in recent years by the recurring image of Australia as a clean and green source of food for the Asia Pacific region, providing a much
      1,108 words
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      Page 7 Advertisements Column 1
      364 7 v FT* •;> |r.. g. J; 01 e 4 Hr~ ll^^^Bj^WjME r tnJ^HH v- IW.)} 91 Kt I T J TI World-class choreography. Masterfully performed. China Airlines Like an accomplished dance troupe, China from Taiwan, one of the world's fastest Airlines owes the superior craft of its service growing economies.
      364 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon UK firms warned over high hopes
        115 8 Bloomberg Business News LONDON The Bank of England has warned that eompanies are expecting rates of return on investments that are too high and are not adjusting their expectations to low inflation, the Financial Times said yesterday. The bank's warning follows a report to
        Bloomberg Business News  -  115 words
      • Article
        Lock icon Hongkonger to become Scottish baron
        102 8 Reuter HONGKONG A Hongkong businessman will become a Scottish baron after successfully bidding for a Highland castle and its title will give him the ancient feudal right to sentence his tenants to a stint in the stocks, newspapers said yesterday. Edinburgh solicitor Sandy Burnett told
        Reuter  -  102 words
      • Article
        Lock icon French jobless rate falls
        109 8 Reuter PARIS French unemployment fell for the first time in four years, the Labour Ministry said yesterday, confirming a slowdown in rising joblessness but not giving conclusive evidence that the trend has been reversed. Monthly figures for June showed the seasonally adjusted number of people out
        Reuter  -  109 words
      • Article
        Lock icon Turner eyes top US broadcasters
        116 8 Reuter ST PETERSBURG Turner Broadcasting System president Ted Turner said yesterday he wanted to buy one of the three major US broadcasting networks. "It's very, very logical for us to be in that business," Mr Turner told reporters at the third Goodwill Games. "I can't
        Reuter  -  116 words
      • Article
        Lock icon EU begins polyester dumping inquiry
        100 8 Reuter BRUSSELS The European Commission began dumping inquiries yesterday into polyester yarn exports to the European Union from Thailand, Indonesia and India. Commission action, detailed in the EU's Official Journal, follows a complaint by the Comite International de la Rayonne et des Fibres Synthetiques on
        Reuter  -  100 words
    • Article
      Lock icon Smaller UK manufacturing firms boost employment: survey
      217 8 Bloomberg Business News LONDON More smaller manufacturing firms increased employment than reduced it in the past four months, according to a survey yesterday. The trend is also set to continue during the coming four months but at a slightly slower rate, according to
      Bloomberg Business News  -  217 words
    • Article
      Lock icon Bank of England signals no rise in base lending rates
      431 8 Reuter KnightRiddcr LONDON The Bank of England's decision to leave its money market dealing rates unchanged yesterday morning probably means a rise in British base lending rates has been put off until the fourth quarter of 1994. economists say. Markets
      Reuter; Knight- Riddcr  -  431 words
    • Article, Illustration
      Lock icon A wave of relief
      39 8 Reuter KIGALI, Rwanda US soldiers disembarking from a C-5 Galaxy at Kigali airport on Sunday. The soldiers belong to the first wave of US troops deployed in Rwanda as part of a humanitarian operation. Reuter
      Reuter  -  39 words
    • Article
      Lock icon Lax defence auditing may cost taxpayers up to US$ 400m
      217 8 Los Angeles l imes Washington Post WASHINGTON Lax auditing by defence contract managers may result in taxpayers picking up US$3OO million (***** million) to US$4OO million in expenses related to the 1992 Hughes Aircraft Missile Systems' purchase of a General
      Los Angeles l imes; Washington Post  -  217 words
    • Article
      Lock icon US consumer spending grows faster than incomes
      342 8 Bloomberg Business News AP Reuter AFP WASHINGTON American consumers increased their spending in June at a faster pace than their incomes grew, the Commerce Department said yesterday, but they cut into their savings to do so. Consumer spending, which drives the economy, increased
      Bloomberg Business News; AP; Reuter; AFP  -  342 words
    • Article
      Lock icon MMM's collapse may trigger chain reaction across Russia
      349 8 Reuter MOSCOW Dozens of get-rich-quick investment funds across Russia may topple like dominoes if the state fails to police the market following the collapse of MMM, the country's biggest money-spinning fund, a top official warns. Maxim Boyko, chairman of Russia's Privatisation Agency,
      Reuter  -  349 words
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      Page 8 Advertisements Column 1
      293 8 After four successive years We are proud, we are pterttlom, because we are. «•,-v. f" v? l r Madefnwtonesia NATIONAL PRODUCT. NATIONAL PRIPC. NATIONAL PRESTIGE is back to Singapore for the fifth time with more participants and range of products HALL 6, SINGAPORE WORLD TRADE CENTRE 5 9 August 1994,
      293 words
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      Page 8 Advertisements Column 2
      41 8 Ow \< 4VUU v*ott €AKC«**J siVot X^A-s-K>*~f it okjl of- ludU*** tfuisfivc, \w WhUn WOWUy c>£- -Hvt *masl c*'*/\s-ft? you *r\ tff- K»P\m* i'f -the. C !> r J Uotxlouudtvvkhkjoot d<w* >/O\a C** n? »»rwu> fm^po, a o*4 «h>6*pp*}fc C6wlv«)sfny»(>orc. Oln. for pi75^.^515.
      41 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Lock icon Marina Square: A new financial hub?
      551 9  -  The area is set to gain from the Shenton Way space squeeze. A J Leow reports A J Leow THIi MARINA Square area is likely to beeome an extension of the finaneial district in the next few years, property agents say. With supply of
      Photo by Arthur Lee  -  551 words
    • Article
      PROPERTY WATCH
      319 9 Selected transactions in the past week transaction Typ# JScUiMteTin Tinur S# !sJf C 8$p^ PBIVATE Jul 25,1994 2775 Jin Kerayong Semi-d 2 2100 1200 FH 910,000 I 433 Jul 25,1994 1025 Pinewood Garden Condo 3+2 0 1670" FH T^Ciert~868~ Jul 25,1994 0409 Teresa Ville Condo 4+1 0 2000
      319 words
    • Article, Illustration
      Office rents soar in China's main centres as demand surges
      549 9  -  A recent report looks at the commercial property scene in China. Teh Hooi Ling has the details Teh Hooi Ling A GROWING supply-de-mand gap is pushing office rents ever higher in China's main centres, with the spiral set to continue,
      549 words
    • Article
      Corrections and clarifications
      53 9 IN LAST week's Property Watch, the transaction details for a property at Clementi Park were wrongly given by ERA. The freehold property listed had a built-in area of 1.679 sq ft. not 742 sq ft. and was sold for $850,000 or $506 per sq ft. not $103,000
      53 words
    • Article, Illustration
      Planning for successful growth the Juergen Bartels way
      1346 10  -  A J Leow meets a German-born hotelier who has transformed a sleepy US Midwest hotel chain into a global travel conglomerate A J Leow Ebullient and forthright, but focused and methodical by nature. Ger-man-born Jucrgen Bartels is one man you can count
      1,346 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      87 9 T Results of tender for book-entry Government Bond Np| 1994 duel July 1996 j to be issued on 4 August 1994 iMjSh ppi ',y u -*i r Tenor approx. 2 years Wmemk :jm y v,. I Amount Offered Allotted *****,000,000 m v -y V s Amount Applied *****,627,000 Interest/Coupon Rate
      87 words
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      Page 9 Advertisements Column 2
      652 9 j 7T i I Singmarine I I Singmarine Industries limited I (Incorporated in the Republic ol Singapore) H The Directors of Singmarine Industries Limited advise the following unaudited results of the Company and the Group for the six months ended 30 June 1994: I I COMPANY GROUP I 1994 1993
      652 words
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      Page 10 Advertisements Column 1
      346 10 I^————l fffllillll lii "I 1 I 1 1 Hlli 1■ i 1 I omSH^^ ■PP^pipV, 4* Ik Efl n, 1 AygJgcr w 1 iidBBKfIIirPWBEIMWHBBMIIMI^B^W^^B 77ws kitchen has been fitted with a Corian* one piece countertop and sink IModel 8721 in Cameo White A Corian® one-piece countertop and sink saves you
      346 words
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  • SPORTS
    • Article
      Lock icon Jefferis wins gold for NZ, UK team regains title
      300 11 World Equestrian Games AP THE HAGUE, Netherlands New Zealander Vaughn Jefferis won the individual three-day event gold medal in a nail-bit-ing finish at the World Equestrian Games on Sunday. Jefferis, riding Bounce, finished the showjumping with a total of 55.6 faults.
      AP  -  300 words
    • Article, Illustration
      Lock icon Berger gives Ferrari victory in eventful German Grand Prix
      612 11 AP VJWlllltlUV The German Grand Prix had almost everything accidents, a fire, a driver suspension, and a happy ending for the Ferrari team. It was the first win for Ferrari in almost four years, with only eight of 26 cars finishing.
      AP; AFP  -  612 words
    • SPORT SHORTS
      • Article, Illustration
        Baseball
        69 11 NEW YORK Major League Sunda) American: Boston 2 Milwaukee 5: Baltimore 4 Toronto 6; NY 4 Cleveland I; Chicago 8 Seattle I: Kansas City 9 Minnesota 5: Detroit 5 Oakland 4; Texas 3 California 4. National: Atlanta 9 Philadelphia 5: Pittsburgh 4 NY 6: St Louis 7 Chicago 9:
        69 words
      • Article, Illustration
        Lock icon Cricket
        194 11 Reuter AFP COLOMBO Pakistan stored I 1)? for eight in 47 overs in their one day game against a Sri Lanka Board President's XI yesterday. The mateh was reduced to 47 overs from the scheduled 50 because the local side could not complete the overs in the given time.
        Reuter; AFP  -  194 words
      • Article, Illustration
        Lock icon Golf
        251 11 AFP Reuter MEMPHIS. I inncsscc PGA rookie Dicky Pride took his first tour triumph in stunning fashion here on Sunday, sinking two consecutive long birdie putts on the I Xth hole to win the St Jude Classic. Pride curled home a 20-foot hirdie putt on the final regulation hole
        AFP; Reuter  -  251 words
      • Article, Illustration
        Lock icon Rugby
        99 11 Reuter WELLING lON A three-man rugby judicial panel yesterday upheld a ban until March IW6 on South African prop Johan le Roux for biting an opponent. The panel, meeting at the headquarters of the New Zealand Kugby football Union, decided after six hours of debate that the Kin against
        Reuter  -  99 words
    • Article
      Six sports dropped from SEA Games
      437 11  -  By Shahiron Sahari SINGAPORL Bodybuilding. squash, karate, wushu. hockey and traditional boat racing sports in which Singapore won 20 of its 50 gold medals at the last South-east Asian Games have been dropped from next year's 18th Games in Chiang Mai. Thailand, reported the
      437 words
    • Article, Illustration
      Lock icon Vijay Singh wins Scandinavian Masters by 3 shots
      433 11 Golf AP STOCKHOLM Vijay Singh couldn't keep the pace for a course record but an eight-un-der-par 64 gave him a threestroke v ictory on Sunday in the USSI million (SSI.S million) Scandinavian Masters. Singh, a US tour regular from Fiji whose first
      AP  -  433 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      159 11 f C Z. "N This announcement appears as a matter of record only Steamers Maritime Holdings Limited (Incorporated in the Republic ol Singapore) RENOUNCEABLE RIGHTS ISSUE OF 33,510,193 new ordinary shares of $0.20 each in the capital of the Company ("Rights Shares") at $1.00 for each Rights Share payable in
      159 words
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      Page 11 Advertisements Column 2
      316 11 jgfmm Keppel Engineering Limited (Incorporated in the Republic ot Singapore) UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1994 The Directors are pleased to advise the following unaudited results of the Company and of the Group for the six months ended 30 June 1994: COMPANY GROUP 1994 1 993
      316 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      663 12 M Nothing Beats ABud. M OF FRESfI .PASTA DAI LY. W From Pasta Fresca. The only restaurant to make Its own specialty pasta. Fresh, everyday. Savour perfect pizza, great v gelati and terrific tiramisu. All topped with Italian hospitality. Pasta Frasca Da Sotvator* Pte Ltd 'gj 30 800 l Quay.
      663 words
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      Page 12 Advertisements Column 2
      284 12 i lIIIV>, i uviuaj sm WHERE TO WINE, DINE AND ENTERTAIN jE 5' 9 BUSINESS LUNCH OR 1 1 FAMILY DINNER, I I FEAST ALL YOU CAN. 1 5 t- That's over 50 delightful dishes- in all! Featuring the best talked about fi seafood and Cantonese cuisine. All jl you
      284 words
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      Page 12 Advertisements Column 3
      493 12 ErllOUlgllo iEnOUgllo iELllOUglla 'Enough is enough. 35 appetisers, 20 desserts p(us main courses. liHen our guests start on the appetiser spread at our monthly international (unch buffet, they never finish. In fact, they always endup conceding that they ve had more than enough. Come try it to believe. Ihn 'Jor
      493 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Best sellers that never make the lists
      1201 13  -  Sarah Lyall finds out more about these hidden books Sarah Lvall NYT LAST YEAR, when the country's bestseller lists were dominated by flashy titles from the likes of Robert James Waller, John Grisham and Tom Clancy, a 1984 work. The Book of Runes
      NYT  -  1,201 words
    • Article
      Pierce Brosnan facing competition as James Bond
      424 13 CHATTERBOX LOOKS like Fierce Brosnan is going to have competition as the new James Bond. Wesley Snipes has made a deal at Universal to develop Black Ice. a film in which he would play the role of an 007-type secret agent who already
      424 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      183 13 a Eric, a GRP recording artist, was the cornerstone of the Chick Corea Elektric Band for over 6 years, before he burst into the solo scene with 'Voice* Of the Heart' (1988) This established him as one of contemporary jazz's most popular and respected artists His album Oaala' (1991). was
      183 words
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      Page 13 Advertisements Column 2
      86 13 G O LAD E N *PS4 seminar, you can count on the Golden landmark llotel. 5 luxurious function rooms with a capacity of up to 2IM) persons, including the newly renovated Galaxy Koom will cater to all your seminar needs. PULL and HALF DAY PACKAGES are available to meet individual
      86 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1105 13 TV RADIO I 11.00pm, SBC 5 i I 7^ power to f.' X^ Kw Too bad between Lil- vY A|, J ianu Komorowska (evil) and !> "JT"* k Steve Parrish (good) gives f viewers headache. W V i.i T The Bonfire Of Th« Vanities, j >r 8.30pm, TV 2 r
      1,105 words
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  • Article
    Japan must again say No
    512 14 EDITORIAL ONCE MORE, the trade dispute between the United States and Japan has reared its ugly head, and this time it's about Japanese government procurement practices in the areas of telecommunications and medical equipment. This new bout of friction comes at a particularly awkward time.
    512 words
  • WHAT THE OTHERS SAY
    • Article
      More flexibility and efficiency
      207 14 THE PROPOSED establishment of personnel boards with the power to recruit and promote civil servants is a major practical and conceptual departure from the centralised Public Service Commission (PSC) that Singapore, in common with many other countries, inherited from the British. The innovation will undoubtedly introduce
      207 words
    • Article
      Nurturing S'pore-Indon ties
      153 14 SINGAPORE and Indonesia enjoy a close and friendly relationship, fostered mainly by the leaders of both countries. But still, more can be done to ensure that the ties between the two neighbouring countries will grow even stronger based on mutual understanding among the people at all levels.
      153 words
    • Article
      Ponder the SM's message
      171 14 SENIOR MINISTER Lee Kuan Yew's speech titled "What if I were a young undergraduate again?" must have provoked debates not only among university students but also among many other people. This is because Mr Lee not only conducted a deep analysis of the problems university students
      171 words
    • Article
      Tough to discern the truth
      99 14 SOUTH KOREA'S formal dismissal of claims by a defector that the North had produced five nuclear warheads illustrates the difficulty of finding out what Pyongyang is really up to. Officials in Seoul are always sceptical of the claims of defectors seeking asylum, judging the overwhelming
      99 words
    • Article
      Treading cautiously
      149 14 THIS COUNTRY has seen many religious splinter groups although only a few of them have become national topics. At least not any of them has been the subject of heated debate like Darul Arqam, an exclusive Islamic group whose popularity has mushroomed. The group is now in hot
      149 words
  • Article, Illustration
    Lock icon The bold contrarian has his day in Germany
    771 14  -  Foreign investors have generally shied away from Germany in recent years. But Brandon Mitchener finds one US investor elated that he took the plunge Brandon Mitchener NYT SINCE the early 1980s, sky-high wages, taxes and other costs have given foreign investors good
    NYT  -  771 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      423 14 The Foriim for the Expanding Electric Power Industry in Asia [?£CTgaffll] °0Q 23-25 August, 1994, Hong Kong Hong Kong Convention 6 Exhibition Contre POWER-GEN ASIA Asia's largest power exhibition and conference, provides a truly comprehensive forum for the rapidly growing power industry in Asia. Estimates show that 40% of the
      423 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      128 14 I IN THC CORRIDOR LOOK PvT TMaT LOVCLV Kuveie./ RND dropped some OF My OUT J W? C -TT—-U j /Osr 7\4fYT" A ~D~ 'foRA* S-TofcTO... ASSOCtATCO NEWSPAPERS LTD., 1962*1994 N 1 b<dL— DOONESBURY GARRY TRUDEAU tUBU.I DONTMOUi I HOU> IT! WHAT -jmt Tamß HOlO?} H£f®F£ JUST HAP PgAR.PO YOU
      128 words
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  • ANALYSIS
    • Article, Illustration
      Bumpy ride to a soft landing in China
      1463 15  -  Vikram Khanna says China's economic performance this vear has been less discouraging than the numbers suggest But he adds that thines could go awry ,f a senous effort is not made to reform the roughly 108,000 units in the mammoth state-ownfd sector
      1,463 words
    • Article
      Pointers from the past on what the Fed's up to now
      1288 15  -  While some people see US Federal Reserve chairman Alan Greenspan doing a Miller, others see him doing a Volcker. Leon Hadar reports Leon Hadar Ihe writer is BT 's Washington Correspondent ONE WAY that analysts of the US Federal
      1,288 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      154 15 GRAND HOME, EVEN I GREATER lßates. I*9 A great home awaits you at Kuala 1\ r)TVA9(II) \m m T Lumpur s newest hotel, The Legend, U iT h Mff strategically located above the Mall, within easy access to the airport and j II major business and shopping centres I 1
      154 words
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  • Article
    US-Japan trade tensions soar as sanctions proceedings begin
    634 16  -  From Leon Hadar in WASHINGTON UNITED STATES-Japan trade tensions escalated on Sunday when the Clinton administration launched sanctions proceedings against Tokyo, accusing the Japanese government of discriminating against American companies in its procurement of medical and telecommunications equipment. Responding, Japan said yesterday
    634 words
  • Article, Illustration
    Lock icon Wet start to an important ceremony
    67 16 Reuter WARSAW A Polish boy scout pouring a bottle of water down the shirt of an honour guard soldier yesterday prior to a ceremony marking the 50th anniversary of the Warsaw uprising against the Nazis. German President Roman Herzog, British Prime Minister John Major
    Reuter  -  67 words
  • Article
    Lock icon Haiti regime declares state of siege after UN okays US invasion
    361 16 Reuter Los Angeles Times AFP PORT-AU-PRINCE, Haiti Haiti's de facto government declared a state of siege early yesterday morning, just hours after the United Nations Security Council approved a United States resolution allowing America to invade. Provisional President Emile
    Reuter; Los Angeles Times; AFP  -  361 words
  • Article
    Lock icon Japan's Foreign Ministry favours ability to build nuclear arms: report
    259 16 The Straits Times TOKYO Contrary to Japan's longstanding official declaration that it will not condone the manufacture, ownership or use of nuclcar weapons, its Foreign Ministry favours the country maintaining the potential to build nuclear arms, according to a report
    The Straits Times  -  259 words
  • Article, Illustration
    Could it be the West is threatened by the EAEC?
    818 16  -  The Bottom Line TYE KIM KHIAT TYE KIM KHIAT The writer is a BT journalist JUST as Washington's opposition to the East Asia Economic Caucus continues to give Malaysian Prime Minister Mahathir Mohamad political heartburn. President Bill Clinton of the
    818 words
  • Article
    Lock icon NY crude futures jump as Nigerian strike worsens
    334 16 Bloomberg Business News Reuter NEW YORK Crude oil futures on the New York Mercantile Exchange yesterday soared to USS2I (5531.50) a barrel for the first time in almost 17 months as a monthold strike by Nigerian oil workers worsened. "It's to the
    Bloomberg Business News; Reuter  -  334 words
  • Article
    Lock icon Manufacturing activity in US at 6-year high
    150 16 Reuter TEMPE, Arizona Manufacturing activity in July rose to the highest level in six years, the National Association of Purchasing Management said yesterday, possibly shedding light on what to expect in the third quarter. The NAPM, which groups purchasing managers at the nation's
    Reuter  -  150 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      115 16 Distributor 7el: 278 ms r. v 570 7QQ fi Communications Equipment Co Pie Ltd I UA LI 0 /0 0 Quality Service 1 REGULAR FREEHOLD SITE IN SERANGOON GARDEN Excellent Location. With provisional permission for 4 bungalows. Site area: 20,084 sf approx. FOR SALE BY TENDER Closing Date 5 August
      115 words
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      Page 16 Advertisements Column 2
      174 16 Japan must again say No, Pg 14 I Kaifang Or Katfting Mind Your Language! A prominent local banker gave a short speech In Mandarin at an opening ceremony in Beijing in front of his Chinese counterparts. The Singapore gentleman thought his presentation was on the whole interesting and short, and
      174 words
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      Page 16 Advertisements Column 3
      82 16 r Nitsuko t Digital Keyphone Systems Leading Edg» Technology Consumer spending grows faster than incomes, Pg 8 TRANSNATIONAL TRADE 5-7 September 1994 Le Meridien Singapore SESSIONS COVER CRITICAL ISSUES IN •Transfer of Goods and Services •Licensing, Franchising, Contract Manufacturing •Countertrade and Strategic Alliances •Transnational Trade Contracts Financing Terms, Payment Methods,
      82 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        41 17 Strong \\larkci Wood indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Overnight events may alter sentiment brokers polled: Alliance, h'raser. CjK (joh. OngCo. Nomura. Phillip. Smith At'H Court. Tat I at and 111 Carr
        41 words
      • Article, Illustration
        HOT STOCK
        126 17  -  -By Quak Hiang Whai Mulpha International closed seven cents higher at $2.42 yesterday and looks set to test resistance at $2.54. With the strong volumes yesterday and neutral short-term indicators, the stock will most likely break that level and go on to test next resistance at $2.60. The
        126 words
    • Article
      MUI's net interim earnings rise 61pc to M$ 38m
      498 17  -  By William Chia SINGAPORE Diversified manufacturing group Malayan United Industries Bhd has posted a 61 per cent increase in net interim group earnings to M 538.37 million (5522.6 million) for the six months ended June 30. The group said it recorded
      498 words
    • Article
      KlE's interim net profit rises 5pc to $7m
      237 17  -  By Rahita Elias SINGAPORE Keppel Integrated Engineering has achieved a 5 per cent increase in interim net earnings to $7 million, boosted by contributions from associated companies. In terms of earnings per share (EPS) of 3.5 cents, the growth was 3 per
      237 words
    • Article
      SSE, VDH invest more in Indon firm
      225 17 SINGAPORE Singapore Shipbuilding Engineering and Van Der Horst will up their investment in an Indonesian engineering company by a total of U553.72 million (555.6 million). In a statement yesterday, locally listed shipyard SSE said it would invest a further US$l.72 million in SSE-Van
      225 words
    • Article
      Singmarine's earnings up despite fall in turnover
      302 17 SINGAPORE Singmarinc Industries has almost doubled half-time earnings to $10.1 million, despite a 15 per cent fall in turnover to $60.4 million. For the six months to June 30, 1994, the Keppel Corp unit achieved an 84 per cent increase in earnings per
      302 words
    • Article
      Lock icon M'sian firms make M$ 22b cash calls
      61 17 Bernama KUALA LUMPUR A total of Ms 22 billion (5512.7 billion) was raked in through 137 fund-raising issues, which included private debt securities, by unlisted and listed firms from January to June this year. Securities Commission executive chairman Munir Abdul Majid said yesterday.
      Bernama  -  61 words
    • Article
      Now may be a good time for Teng Fuh to take substantial stake in RDC
      652 17  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Listed building materials supplier Resources Development Corporation (RDC) is in the news again. Yesterday, this paper reported that RDC had lost a lengthy tussle with a former
      652 words
    • Article
      Super Bowl gets in-principle approval for SES listing
      337 17 SINGAPORE Sports and recreation centre operator Superßowl Holdings received in-principle approval from the Stock Exchange of Singapore yesterday for a main board listing. The initial public offer of shares is expected to be launched within a month. Superßowl applied to the SKS
      337 words
    • Article
      Lock icon Country Road ties up with Inchcape to expand into S'pore
      105 17 Bloomberg Business News CANBERRA Australian clothing manufacturer Country Road Ltd will expand into Singapore after a distribution agreement with Inchcapc Bhd. Inchcape. a 63.3 per cent subsidiary of London-listed Inchcape pic. is involved in sales of vehicles, consumer products, business
      Bloomberg Business News  -  105 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Tay Kim Hock becomes Teledata MD
          53 18 SINGAPORE Teledata Singapore has appointed lay Kim Hoek managing director. He has replaced Tan Keng Boon. Mr Tay is group general manager of Intraeo. which has a 27.4 per cent stake in Teledata. Mr lan, who was Teledata's managing director since 1987, remains as
          53 words
        • Article
          S'pore Reinsurance appoints director
          18 18 SINGAPORE Singapore Reinsurance Corp has appointed Law Song Keng a director, effective July 19.
          18 words
        • Article
          Pan Pacific's SMED Enterprises deal
          63 18 SINGAPORE Pan Pacific Public Co said yesterday it would acquire the entire 10.000 shares ol SI each in SMED Enterprises for $100,000. SMED is an importer, exporter and commission agent. The transaction is not expected to have an impact on Pan Pacific's net tangible asset
          63 words
        • Article
          HLF renews CityDev tenancy deal
          106 18 SINGAPORE Hong Leong Finance will renew a tenancy agreement with City Developments for a property at 282 Balestier Road. HLF has been using the premises as a branch office since August 1982. The rent since Jan 1, 1991 has been $4,000 a month, or $2,285
          106 words
        • Article
          Lock icon Tenaga to take stake in Celcom venture
          86 18 Bloomberg Business News KUALA LUMPUR Tenaga Nasional Bhd, Malaysia's dominant utility and largest company, will take a 40 per cent stake in a joint venture with Celcom (Malaysia) Sdn Bhd that will develop and operate a fibre optic network, the New Straits limes
          Bloomberg Business News  -  86 words
        • Article
          Lock icon Metro Pacific profit jumps 48pc
          108 18 Bloomberg Business News MANILA Metro Pacific Corp (MPC), the Philippine flagship company of Hongkong's First Pacific Group, posted a 48 per cent increase in its interim profit, despite a costly expansion programme that many analysts did not expect to pay off until next year. In
          Bloomberg Business News  -  108 words
        • Article
          Lock icon PMI expects Ms$ 2m profit
          101 18 MBT KUALA LUMPUR Pan Malaysian Industries Bhd expects group pre-tax profit to rise to MS 12 million (Ss7 million) for the year to March 31, 1995. This increase is expected to come from Malayan United Industries Bhd (MUI), the company PMI has proposed to acquire
          MBT  -  101 words
        • Article
          Siam Commercial Bank profit up 26pc
          91 18 BANGKOK Siam Commercial Bank pic yesterday said its unaudited net profit for the six months to June 30 was 2.97 billion baht (S$ 178 million), an increase of 26 per cent from the same period last year. On a per share basis, earnings were
          91 words
        • Article
          Lock icon Telekom, German builder in loan deal
          62 18 AFP KUALA LUMPUR National telephone company Telekom Malaysia and German construction firm Wayss and Frcgtag yesterday signed a US$96 million (Ssl44 million) loan for the world's third tallest telecommunications tower, which they are developing jointly in Kuala Lumpur. Telekom has a 90 per cent
          AFP  -  62 words
        • Article
          Lock icon Cebu Holdings earnings surge 161 pc
          62 18 Reuter MANILA Cebu Holdings Inc, an affiliate of Ayala Land Inc (ALI), yesterday reported a 161 per cent increase in interim net income to 108.9 million pesos (SS6.I million). ALI is the property subsidiary of Philippine conglomerate Ayala Corp. Cebu Holdings' revenue rose to
          Reuter  -  62 words
      • Article
        Lock icon AT&T, Japanese firms in US$ 120m Philippine deals
        352 18 AFP MANILA AT&T Corp of the United States and Japan's Tomen Corp and Fujitsu Ltd have won the rights to negotiate supply contracts worth at least US$l2O million (S$ 180 million) with Globe Telecom GMCR Inc of the Philippines, it was announced
        AFP  -  352 words
      • Article
        Lock icon Meralco posts 143 pc interim profit rise
        217 18 AFP MANILA Top power retailer Manila Electric Co (Meralco) yesterday said its unaudited interim net profit rose 143.1 per cent on the previous year to 1.573 billion pesos (SsBB million) for the six months to June. Officials and stock market analysts attributed the
        AFP  -  217 words
      • Article
        Kumpulan Etnas' logging licence in Solomons suspended
        572 18  -  From Ho Kay Tat in KUALA LUMPUR KUMPULAN EMAS Bhd's much-touted timber venture in Solomon Islands has run into trouble for a second time with the suspension of its logging licence. This has led investment analysts to warn that investors' patience may be
        572 words
      • Article, Illustration
        Lock icon Proton car output hit record last year
        488 18 MBT Bernama KUALA LUMPUR Fuelled by another year of strong domestic economic growth, Perusahaan Otomobil Nasional Bhd (Proton) turned in a remarkable performance with a record car production of 116,600 units last year. According to Hicom Holdings Bhd's latest annual review of its
        MBT; Bernama  -  488 words
      • Article
        Lock icon Malaysian broking firms still weak in service, says exchange chief
        225 18 Bernama PENANG Malaysian stockbroking firms are still unable to offer satisfactory client services compared to international brokers and other firms in the region. Kuala Lumpur Stock Exchange general manager Mohd Salleh Majid said yesterday. He said the local broking firms
        Bernama  -  225 words
      • Article
        Lock icon Repco takes over rights to acquire Lien Hoe property
        357 18 MBT KUALA LUMPUR Repco Holdings has taken over the rights and obligations of Trans Milestones Sdn Bhd to acquire a piece of freehold land, together with a commercial building, in Johor Baru for MS 128 million (5574.2 million). Trans Milestones had
        MBT  -  357 words
      • Article
        Berjaya Singer to raise stake in Topgroup to 51pc
        396 18  -  From Ho Kay Tat in KUALA LUMPUR BERJAYA SINGER Bhd (BSinger) yesterday announced plans to regain a 51 per cent equity interest in former subsidiary Topgroup Moldings Bhd. The company was left with only a 28 per cent stake after the
        396 words
      • Article
        Lock icon Public Finance records 76pc jump in interim profit
        130 18 Bernama KUALA LUMPUR Public Finance yesterday reported a 76.1 per cent rise in interim group pre-tax profit to M 545.33 million (5526.43 million). up from M 525.74 million a year earlier. Turnover for the half-year ended June 30 rose to M 5256.11
        Bernama  -  130 words
      • Article
        UNIT TRUSTS & FUNDS
        555 18 UNIT TRUSTS FUNDS Managers' price* Aug 2 Mendalu Cir Kund I.IX I/>!(• US Cir Fund 0 99 I 03** Singapore Unit Trust lite C ommerce 1.6) 172 UWlB MWSt Wlgt Ltd I he Saving huml 1.55 1.64 I nifund 1.48 1.54 S pore IVdd huiHl 0.70 0.74 I nibond f
        555 words
      • Article
        DIVIDENDS ANNOUNCED
        491 18 Payment Kx Books Pay date close date Ale* llldgs 50* b 6 Sep 6 Sep 12 Sep 22 Amcul 25* F 20 Jul 26 Aug I Aug 23 Asia Pac Ld b 2TE Aug 10 Aug 24 Sep 23 At into 20" I 6.25TE Sep 19 Sep 23
        491 words
      • COMPANY BRIEFS
        • Article
          Lock icon Aussie firm to process Chinese gold ore
          98 20 Reuter BEIJING Peregrine Resources of Australia has signed a 12year agreement to set up a joint venture to process low-grade gold ore in a mine in China's Henan province. The People's Daily overseas edition said this was the first time since 1949 that
          Reuter  -  98 words
        • Article
          Lock icon Taiwan Semiconductor sets listing date
          111 20 Bloomberg Business News HSINCHU Taiwan Semiconductor Manufacturing Co, a 40 per cent-owned affiliate of Dutch electronics giant Philips Electronics NV, said it had tentatively set Sep 5 as the date it would list its shares on the Taiwan Stock Exchange. The company, Taiwan's largest semiconductor
          Bloomberg Business News  -  111 words
        • Article
          Lock icon China Resources undecided on pork firm
          103 20 Reuter HONGKONG China Resources Enterprise Ltd said it had not reached any agreement on plans to raise HKS2.S billion (SS49O million) to acquire privately held Ng Fung Hong, a major distributor of fresh pork in the territory. The Overseas Chinese Daily News said the
          Reuter  -  103 words
        • Article
          Lock icon Govett and Co profit up
          69 20 Bloomberg Business News LONDON International fund manager Govett and Co pic said first-half pre-tax profit rose 20 per cent to U5527.3 million (Ss4l million), boosted by a strong rise in funds under management. The company earned US$22.B million in the first half of 1993. Govett
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Mitsubishi Heavy to shift production
          91 20 AFP TOKYO Mitsubishi Heavy Industries Ltd plans to shift some of its production of injection moulders from Japan to the US, China and India to cope with the yen's appreciation. A spokesman said yesterday the company was still seeking local joint venture partners in the
          AFP  -  91 words
        • Article
          Lock icon Retailer Seibu to open Indon store
          74 20 Reuter JAKARTA Japanese retailer Seibu Department Stores Ltd will open its first outlet in Jakarta next February, property consultant Jones l-ang Wootton said. "Seibu has appointed (property consultants) Procon Indah to source international brand names and designer labels to cater for the market in
          Reuter  -  74 words
      • Article
        Lock icon Taiwan's TI-Acer now says second-half profits won't drop
        201 20 Bloomberg Business News HSINCHU, Taiwan Texas Instruments-Acer Inc. one of Taiwan's largest semiconductor makers, said second-half profits will be about the same as last year between NT$45 million (552.5 million) and NT$5O million because the company expects prices for computer memory chips
        Bloomberg Business News  -  201 words
      • Article
        Lock icon Australian companies poised to post strong earnings
        535 20 Reuter SYDNEY Australia's investment community is in a positive mood as the market braces for a tumult of annual earnings reports by some of the country's highest profile companies following a year ot steady economic growth. The All Ordinaries Index of top Australian
        Reuter  -  535 words
      • Article
        Lock icon 8 foreign broking firms seek Taiwan branch licences
        235 20 Reuter TAIPEI tight foreign stock brokerages have applied to set up branches in Taiwan, attracted by improvements in the island's economy and stock market. The Securities and Exchange Commission (SEC) yesterday said the eight were Japan's Daiwa Securities, Yamaiehi Securities, Nikko Securities,
        Reuter  -  235 words
      • Article
        Lock icon Tata group acts to tighten grip on member firms
        232 20 Reuter BOMBAY India's largest business house, the Tata group, is taking steps to tighten its grip on member companies in a bid to ward off potential takeovers, analysts said yesterday. The Tata group plans to move a resolution at the annual
        Reuter  -  232 words
      • Article
        Lock icon Giordano stitches up 58pc interim profit rise
        345 20 Bloomberg Business News HONGKONG Knitwear retailer Giordano Holdings, which has shops across Asia, said its net profit climbed 58.2 per cent in the six months ended June 30. The company, which has been losing money in China through its 20 per cent-owned affiliate
        Bloomberg Business News  -  345 words
      • Article, Illustration
        Lock icon From street urchin to retail-media tycoon
        785 20 NYT HONGKONG Two things changed Jimmy Lai's life forever: half a chocolate bar that he ate in 1957 and the massacre at Tiananmen Square in Beijing 32 years later. "When I was 9, I was in Canton, just selling things on the street, stealing
        NYT  -  785 words
    • CORPORATE FOCUS
      • Article, Illustration
        Barito cuts profit forecast, now sees 5-10 pc earnings growth
        621 21  -  Timber king Prajogo Pangestu on Barito Pacific Reports by Agnes Chen SINGAPORE Indonesia's Barito Pacific Timber has sharply scaled back its profit forecast for 1994, and now expects 5 to 10 per cent growth in earnings. While analysts are likely
        621 words
      • Article
        Indon entrepreneur sets out to mend fences
        961 21 SINGAPORE Sitting in a plush alcove 11,000 metres above sea level in his customised Boeing 737, Indonesian timber baron Prajogo Pangestu set out to mend some fences with his disillusioned shareholders. In the past six months, PT Barito Pacific Timber stock has slumped
        961 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon AMB officially takes over Security Pacific's M'sia unit
        419 22  -  From Ho Kay Tat in KUALA LUMPUR AZMAN HASH IM, one of Malaysia's best-known entrepreneurs, finally got his wish to have a commercial bank within his sprawling financial group with the launch of Arab-Malavsian Bank Bhd (AMB). AMB yesterday officially took mer
        Reuter  -  419 words
      • Article
        Taiwan firm raises US$ 26m under FRN agreement
        308 22  -  By Shiv Taneja SINGAPORE Taiwanese connector and cable assembly manufacturer Hon Hai Precision Industry Co Ltd raised USS26 million (5539.2 million) under a guaranteed floating rate note (FRN) agreement signed yesterday with a consortium of eight banks. Singapore-based Schroders International Merchant Bankers
        308 words
      • Article
        UOB opens Myanmar office
        147 22 SINGAPORE United Overseas Bank will open a representative office in the Myanmar capital of Yangon today. The office will be headed by vice-president Choo Sin Hua, an accountant with the group since 1971. Singapore banks have been rushing to set up operations in Myanmar this year,
        147 words
      • SMALL CHANGE
        • Article
          Lock icon Malayan Banking cuts prime rate
          67 22 Knignt-Kidder KUALA LUMPUR Malayan Banking yesterday lowered its prime lending rate to 6.75 per cent from 6.85 per cent. The drop was the seventh downward revision in the bank's prime lending rate this year, Malaysia's largest commercial bank said in a statement. The bank last
          Knignt-Kidder  -  67 words
        • Article
          Lock icon Positive rating for bonds
          77 22 Bloomberg Business News KUALA LUMPUR Rating company Malaysia Bhd has assigned aP2 rating to the MslBo million (S$ 105 million) in bonds that will be used to help finance the construction of the landmark Kuala Lumpur Tower, also known as Menara KL. The P2 rating is
          Bloomberg Business News  -  77 words
        • Article
          Lock icon Jakarta's moves to cap inflation
          115 22 Knight-Ridder SINGAPORE Bank Indonesia's tightening of money market liquidity, and the resulting increase in commercial banks' deposit rates are part of the government's moves to cap inflation below 10 per cent per annum, according to the Bisnis Indonesia newspaper. The central bank was also using
          Knight-Ridder  -  115 words
        • Article
          Lock icon Good business for bad debt buyer
          101 22 Bloomberg Business News TOKYO Japanese financial institutions sold 5.21 billion yen (Ss79 million) in delinquent loans in July to the Cooperative Credit Purchasing Co (CCPC), a joint venture specialising in bad debt purchase, the company said in a release. Last month, financial institutions sold
          Bloomberg Business News  -  101 words
      • Article
        Lock icon Banks to lend US$ l93m for China oil project
        171 22 Reuter TOKYO Eleven Japanese and European banks will provide a US$l93 million (SS2B9 million) syndicated loan for an oil refinery project in Dalian in north-east China, said a spokesman at Fuji Bank Ltd, the agent for the syndicated loan. Along with
        Reuter  -  171 words
      • Article
        Lock icon China's cotton firms in contamination scam to get higher prices
        414 22 Reuter BEIJING China yesterday reported that over half of the cotton reaching textile mills in one province was contaminated. In some places, factories have sprung up for the sole purpose of contaminating cotton, using large quantities of bricks, stones, oil
        Reuter  -  414 words
      • Article
        Indian bank gets US$ 10m credit from Citibank
        177 22 SINGAPORE India's Export Import Bank has signed an agreement with Citibank for a USSIO million (SSIS million) eredit line to finanee imports of industrial goods and services from the US. The credit line is the second guaranteed by the Export Import Bank
        177 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        108 22 THE GREENBACK lost most of its Friday gains against the yen and mark. As a result, most regional currencies maintained their firm ranges against the dollar. The Singapore dollar broke another critical sup- port at 1.5080. The ringgit was firmer against the dollar in early
        Charts by Dow Jones Telerate  -  108 words
      • Article
        Lock icon London
        199 22 Reuter LONDON The dollar had a respectable day in Europe, recovering well from the Tokyo lows seen after the US kickstarted its trade sanctions process at the weekend. The 60-day holding period before US sanctions are imposed on Japan "gives them plenty of time to reach an agreement", said
        Reuter  -  199 words
      • Article
        Lock icon Huge petrochemical complex begins operations in Iran
        170 22 AFP TEHBRAN A gigantic petrochemical complex with an annual production capacity of 3.5 million tonnes opened in south-western Iran yesterday, Teheran radio announced. Bandar Khomeini complex, the largest ever built in Iran, is expected to raise the country's total petrochemical production to eight
        AFP  -  170 words
      • Article
        Lock icon New York
        92 22 AFP NEW YORK The dollar fell against most major currencies in moderately active trading early yesterday after the latest breakdown in US-Japan trade talks and the threat of sanctions against Tokyo. Around 1355 GMT, the dollar was at 1.5760 marks down from 1.5830 on Friday and at 98.95
        AFP  -  92 words
      • Article, Illustration
        Untitled
        1684 22 Irmk-netghlttl index lakttlaml afuin%i S'purr\ lop 14 iimlinii /u</»rn Ban- inn US$/S$ forward rates Noon Aug 1 ss~ Bid Offer 1-month 1.5047 1.5062 2-month ***** 1 5051 3-month ***** 1 5041 6-month ***** 1 5003 SiMinr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m Aug 1 Singapore
        1,684 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars close lower on profit-taking
        1321 23 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars closed lower while Japanese government bonds (JGB) and Euroyen futures finished higher on a firmer yen. "Every other news is secondary today. Everyone was focused on the dollar-yen movement after the breakdown in the US-Japan trade talks on Saturday,"
        Reuter  -  1,321 words
      • Article
        Palm oil up on Pakistan tender
        689 23 COMMODITY REPORTS Palm Oil THE crude palm oil physical market extended gains to close higher on news that Pakistan would be tendering for palm oil today. Dealers said the Ghee Corp of Pakistan would tender for between 6.000 and 12,000 tonnes of RBD palm
        689 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          India vegetable oil prices to firm up
          70 23 NEW DELHI Indian wholesale vegetable oil prices are likely to stay firm over the next few weeks because of an expected jump in domestic demand due to the approaching festival season and the prospect of a marginal shortage. Oil consumption traditionally goes up
          70 words
        • Article
          S Korea's major meat suppliers
          34 23 SYDNEY Australia and US have dominated the latest South Korean tender for 10,527 tonnes of frozen beef. Australia would supply 4.826 tonnes, the US 4,641 and New Zealand 1,060.
          34 words
        • Article
          Floods damage China's farmland
          70 23 HONGKONG Serious flooding in China has damaged at least 34.4 million hectares of farmland in the first six months of the year, the official China Daily Business Weekly reported yesterday. The paper quoted a Ministry of Agriculture official as saying that grain planting so far this
          70 words
        • Article
          China meat production to rise 6pc
          59 23 HONGKONG China's meat production is expected to reach 40 million tonnes this year, up 6 per cent from 1993. Despite devastating floods in northern and southern China this summer, pork production hit 13.67 million tonnes in the first six months of the year, up
          59 words
        • Article
          Aussie commodity' prices drop 1.1 pc
          80 23 SYDNEY Australian export commodity prices fell by 1.1 per cent in July, measured against a basket of world currencies. Measured in Australian dollar terms, the commodity price index rose by 0.9 per cent in July mainly due to increases for some metals, wool, crude
          80 words
    • Article
      COMMODITY PRICES
      1466 23 Rubber Singapore Commodity ExcJiange (futures closing as at 5.ttpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 94 189.50 I 3000 Oct 177.00 175.00 177.00 350 4450 Nov 177.00 175.00 171.25 350 4450 Dcc 177.00 172.00 170.25 800 4850 Jan/Mar 95
      1,466 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1051 24 +20.6 SHARES surged to the highest close in two months yesterday, inspired by a Wall Street rally on news of weaker-than-expec-ted US growth data. The key All Ordinaries Index finished 20.6 points firmer at 2,082.1. while the All Industrials closed 23.7 higher at 3,046.1 and the All Resources jumped
        1,051 words
      • Article
        Manila
        649 24 +80.13 Share prices surged 2.85 per cent in active trading yesterday, buoyed by Philippine Long Distance Telephone (PLDT) hefty gain in New York. The PSE Composite Index climbed 80.13 points to close at 2,883.34. Volume was 1.26 billion shares valued at 1.46 billion pesos. A researcher credited the gain
        649 words
      • Article
        Taipei
        601 24 118.97 The Taiwan bourse yesterday reached its highest level in four years in active trading, with shares posting gains virtually across the board, dealers said. The Weighted Price Index jumped 118.97 points to settle at 6,839.02, the highest level since June 1990. Turnover was 2.58 billion shares valued at
        601 words
      • Article
        Seoul
        425 24 +4.72 Share prices opened the first day of August on a rebound as the market staged a correctional comeback on a higher margin. The Composite Price Index gained 4.72 points to settle at 932.69. Turnover was 17.5 million shares valued at 399.5 billion won. Falls led rises 451 to
        425 words
      • Article
        New Zealand
        289 24 +6.10 Shares rose as demand for forestry and energy group Fletcher Challenge offset losses by Carter Holt Harvey and Telecom. Demand for Fletcher Challenge was fuelled by a surge in oil prices triggered by concern about supplies. The concerns have arisen because of a three-week-old strike by Nigerian
        289 words
      • Article
        Bombay
        117 24 +97.83 Stocks shot up yesterday, driven by increasingly good half-year earnings prospects for cement and car companies, analysts said. "Cement companies are in the limelight," said an analyst. "Many are rising to 52-week highs." Although demand for cement normally slackens during the monsoon season because of a slow-down in
        117 words
    • WORLD STOCK MARKETS
      • Article
        London
        736 24 14.8 STOCKS rose amid expectations for higher corporate profits after the Bank of England declined to raise interest rates a move that would have slowed economic growth. The FT-SE 100 Index rose 14.8 points to 3,097.4 after having fallen on Friday amid concern a rise in interest rates was
        736 words
      • Article
        Paris
        149 24 •5.41 French stocks were little changed as trade talks between the US and Japan broke down, pushing the dollar lower and fanning concerns that US interest rates are headed higher. The CAC 40 Index closed 5.41 points lower at 2,069.58. The value of shares traded was 2.1 billion francs.
        149 words
      • Article
        Frankfurt
        180 24 +9.31 German stocks rose in postmarket trading as a rise in German bonds and a recovering dollar boosted an otherwise directionless market. In thin trading, the DAX index closed at 2,161.49 for and a gain of 9.31 points. For the past 10 days, the DAX has largely followed a
        180 words
      • Article
        Brussels
        174 24 +2.64 Belgian stocks climbed for the third day to close at their highest for seven weeks with last week's bct-ter-than-expected earnings helping economic recovery hopes. A rise in US stocks on Friday boosted the market, making European stocks seem relatively cheap. The Bel-20 Index of leading shares closed up
        174 words
      • Article
        Milan
        176 24 +21 Italian stocks climbed for the second time in three days, following other European markets higher, as investors await Prime Minister Silvio Berlusconi's speech to parliament today, still concerned about his political future. "Italian economic data is encouraging, so when other European markets are strong Milan follows," said an
        176 words
      • Article
        Amsterdam
        263 24 +3.93 Dutch stocks rose for a third session because of widespread optimism about corporate earnings. The EOE Index rose 3.93 points to 412.41. A total of 7.8 million shares changed hands. Almost all major Dutch companies will report sec-ond-quarter or first-half earnings during the next four weeks. Chemical stocks
        263 words
      • Article
        Stockholm
        139 24 12.04 Sweden's benchmark index rose to its highest level since June 6, pushed higher by foreign investor interest in Ericsson and Volvo. The OMX Index rose 12.04 points to close at 1,146.45. Twenty-eight stocks rose, six declined and six were unchanged. "Ericsson and Volvo rallied today, causing the index
        139 words
      • Article
        Johannesburg
        300 24 -7 South African shares got off to a slow start yesterday, with prices ending slightly mixed as bullion and world bourses failed to give concrete direction. Dealers said the continued threat of labour unrest, and increased political and crime-related violence, was serving as a damper on industrials. The Overall
        300 words
      • Article
        Toronto
        254 24 +29.19 Stocks rose for the second straight day as bonds rallied, helping investors shift their focus to earnings. "Ihave felt for some time that stocks need help from the bond market to move significantly higher and thats what happened today," said fund manager. The TSE-300 Composite Index rose 29.19
        254 words
      • Article
        New York
        733 24 +0.65 Stocks were little changed yesterday morning as the bond market and the dollar both declined. The Dow Jones Average rose 0.65 to 3,765.15 at 1 lam EDT. Advancing issues outpaced declines by about eight to seven on the New York Stock Exchange with 864 up, 608 down
        733 words
      • Article
        Untitled
        954 24 Britannia Funds Mtrliag Cash Bid (MTer Mim < ap Deposit 38 6400 IS 6500 Mim kr*) (nit 0 IM1 0 1442 Mum Mj\ Income *0 4200 *0 4600 L S$ Cash Income Pirn Fund 4 4300 10 MOO PS Reserve Fund 5 J*00 5 >400 Sterling Kqailt Euro Performance 0
        954 words
    • Article, Illustration
      Lock icon HONGKONG
      3009 25 Bloomberg Business News HONGKONG Stocks climbed for the eighth successive day on optimism that China's highinflation economy will slow without slipping into recession, Hongkong will escape an interest rate increase for now and that the territory's real estate market has stabilised. "The Hongkong market is behaving like a dog
      Bloomberg Business News; Source: Bridge Info  -  3,009 words
    • Article, Illustration
      Lock icon CHINA
      539 25 CLSA A SHARES in Shenzhen and Shanghai rebounded on heavy turnover on news that China has suspended all new issues scheduled for 1994 and those already delayed from 1993, and even casts doubt on 1995 listings, in a bid to stabilise both the A markets. Turnover in the Shanghai
      CLSA  -  539 words
    • Article, Illustration
      Lock icon TOKYO
      2541 25 Reuter TOKYO Stocks ended lower after a day of lacklustre trade, with turnover its thinnest since May 9. Sentiment was hurt by a US decision on Sunday to launch trade sanctions proceedings against Japan and investors, worried by prospects of a higher yen, were reluctant to buy, brokers said.
      Reuter; Source: Bridge Info  -  2,541 words
    • Article, Illustration
      Lock icon BANGKOK
      1848 25 Reuter BANGKOK Thai stocks ended the day above the 1,400 psychological resistance level, which brokers said was a healthy development during a generally bullish day. The SET Index closed 25.10 points higher at 1,401.98. Turnover was an active 10.2 billion baht. Gainers outnumbered losers 210 to 100. "Concerns about
      Reuter; Source: Bridge Info  -  1,848 words
    • Article, Illustration
      Lock icon JAKARTA
      1167 25 Reuter JAKARTA Shares closed mixed in slow trade, with the listing of trading firm Enseval failing to generate excitement. The OfTicial Index gained 1.64 points to close at 452.72. "After drifting lower in the first session, the market seemed to recover lightly at the end of second session on
      Reuter; Source: Bridge Info  -  1,167 words
    • Article
      CLOB INTERNATIONAL
      2407 26 MOST ACTIVE volume Mulptu I nil JOfc. 8.010.000 klm HyJ 50c 7.593.000 Kcnong Bhd 50c 7.348.000 B Kj>a TSK97 6.074.000 Promcl 5.451.000 Fibcf Ciroup 4.737.000 ICiinunlinc 50c 4.737.000 Iniwvcsl nd 4.636.000 Am Pac LJ 4.334.000 MutthKurpusc 2*8*000 Lien Hoc TSR97 2.856.000 MBf Capital 2.688 000 Bcnaya Ind 2.283.000
      2,407 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Market hits three-month high on earnings news
        6092 26 Bloomberg Business News KUALA LUMPUR Stocks jumped to a three-month high as solid earnings reports from several companies led foreign and local institutional investors to buy shares of major companies, analysts said. "There are some foreign institutional buyers creeping back in," said s
        Bloomberg Business News; Source: Bridge Info  -  6,092 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7969 27 MAIN BOARD Transaction date: Aug I lit Gr M Ml w Vol Da> I ust Quolr Di> Md \*l dp ii| High 0 onipant Sale (000) High low Bujer Seller S Or S PIf. Smil Price INDUSTRIAL AND COMMERCIAL 1440 *35 t Acma 960 +5 68 965 955 *0 965
        7,969 words
      • Article, Illustration
        Lock icon Finance, property stocks lead market's surge
        1902 28  -  By Quak Hiang Whai SINGAPORE Share prices surged across the board to a five-week high on strong volumes yesterday, with the strongest gains posted by finance and property stocks. Investors bought ahead of the release of corporate earnings by the major banks and property
        Charts by Bridge Info; Source: Bloomberg  -  1,902 words
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      340 17 NEWS VALUE I low today's wcuv might affect your stocks Singapore's non-oil domestic exports up 44pc in June (PK I) News will be warmly received by the stock market. CPF loan applications for private property dip (pg I) Not unexpcctcd. CPF withdrawals for share purchases plunge (pg I) CPF investors
      340 words
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      236 20 I WOW YOU EAH HAH*GE I IYHIIR INVESTMENT PORTFOLIO I I ANYWHERE. ANYTIME. I If you're involved in the stock market, here's an volume. And, there's the day's top 100 gainers and losers inside tip. (by and plus major market indexes including the Get connected to News Page Connect, a
      236 words
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      128 words
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      52 23 *°"dB V«ntry for Bht long iw^ JHL kJ ■EE jfl Fa M ■ft** uadyfora Ki 11pm) -oiris night out? 4^K| |lon d 0 n I in 9«P°'» 0316 "I gave a stranger OUSe #t ?spw 4fe«'f«" ?v«'« *ora' V I j(^^ N °thiiig\s @\<o:strange to c a?™ e Straits Times
      52 words
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      Page 23 Advertisements Column 2
      46 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. I—l ■HIM I iESKQSHB I ißHiiiii mmmm I Call I I 737-1166 g> I to p/oce I o quick- c.A.T.s. K acting ad. |737-ii«« I J
      46 words
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      Page 24 Advertisements Column 1
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      86 words
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      51 words
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      45 27 HWith over 215 million cards honoured ot over 12 million establishments, MasterCard puts the whole world in your hands. And it gives you easy access to cash at 380,000 bank worldwide. f Boat PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times
      45 words
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      118 28 l£l SSß °c I QgJ m IIL^JtA-T^ Hitachi and OCBC.. Another First in Customer Convenience OCBC has introduced Hitachi's easy-to-use state-of-the-art passbook printers as part of its electronic banking programme. These user-friendly machines allow customers to automatically update their passbooks quickly and easily without having to queue at the counter.
      118 words
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      Page 28 Advertisements Column 2
      13 28 FASTADS mm per column cm. Rate subject to GST. (Minimum 3cm x lcol.)
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  • Shipping Times
    • Article
      Vessels dumping spoil to be fitted with monitoring system
      323 29  -  By Ramesh Divyanathan SINGAPORE The Port of Authority will take new measures to prevent ille- gal dumping of spoil a by-product of reclamation arid dredging. All vessels carrying spoil -will have to be fitted with an Automated Self-Monitoring *]System or ASMS,
      323 words
    • Article
      Lock icon West Africa trade set for consolidation
      447 29 International Transport Journal BASLE The shipping lines active in the trade between Europe and West Africa are facing difficult times. The cargo volume is dropping and the rates are at an all-time low. There are increasing signs that in this trade, too, a search
      International Transport Journal  -  447 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      814 29 Page Col Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 •Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9 5 Batamindo 7 3
      814 words
    • Article
      Lock icon Prices up for tankers in – Middle-East: Gibson
      159 29 Prices up for tankers in Middle-East: Gibson AFP LONDON Prices for large tankers operating out of the Middle East rose last week and there was "considerable business to the East", London brokers EA Gibson said on Friday in their weekly review. There were 24 Very and Ultra Large Crude Carriers
      AFP  -  159 words
    • Article
      Manila, cargo handler to start rail link
      436 29  -  Project will ease transport of boxes from MICT to industrial estate From Al Labita in MANILA MANILA The government and a cargo handler have agreed to start putting up the Philippines' first inter-modal transport system this month. The agreement was in a memorandum
      436 words
    • Article, Illustration
      Lock icon Passengers sail on cruise despite disease threat
      297 29 Seatrade Week Newsfront NEW YORK Terrorism, fires, storms, liability and now the threat of Legionnaire's disease can make running a cruise ship company a nightmare. Around 80 per cent of the Horizon's passengers opted to cruise from New York to Bermuda recently despite
      Seatrade Week Newsfront  -  297 words
    • Article
      Daily Freights
      1239 30 THE Baltic Freight Index for spot dry cargo shipping rates was unchanged at 1.440 on Friday. FIXTURES Tanker: New business quoted for Persian Gulf very large crude carriers attracted rates of between worldscale SS and 60. although charterers were anxious to settle at ws 50 or below, brokers
      1,239 words
    • Article
      THE SHIPPING GUIDE
      10675 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,675 words
    • Article
      SHIPPING AGENTS
      3349 43 A Xm.BC Containerline NV: Belsin Shpg Agencies Pie Ltd (SVMarine Handling SdiCßhd (PK/PN). Accord Group: Accord Shpg Pte Ltd Contr Line (PK/PN). Adkris Business C orporation Philippine: Caljource Shpg Trdg Pte Ltd (S) Ahsnkiel Liner Service: Kim Shpg Trdg(S). Vlbatros Sea-Air Service: Frata Shpg Pte LldtS). Alfred C
      3,349 words
    • Article
      COURIER SERVICES
      297 43 Abacus tourkTi Tel: 545-8011. Fax: 545-189H Air txprns Iratcl Tel: 533-5771. Fax: 535-6144 Airborne I rciu h t Corporation Tel: 542-8844 Fax: 542-3716. *****80 Airswilt World"ide Courier Tel: 278-0188 l ax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. C its-l ink International Tel. 344-3377. Fax:
      297 words
    • Article
      AIR FORWARDERS
      1510 43 \bex Fxpress Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20 Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Lxpress Tel: 542-5454. Fax: *****06 Air F.xpress International Tel: 542-7666. Fax: *****74. *****50. Air
      1,510 words
    • Article
      PORT CONDITIONS
      3104 44 ALBANIA Durrcs: One vessel in port discharging bagged Hour, no vessels waiting in roads. ARGENTINA Santa Fe, Diamante: No vessels berthed, none in roads, none due. San Loren/o: Five vessels berthed of which 1 loading soya bean meal, 1 soya bean oil, 1 soya, I wheat, 1 by-products,
      3,104 words
    • Article
      CRUISE & FERRY SCHEDULES
      647 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Ikp Name of Vessel LTA KID Ports of Calls Port Agent Telephone No AUGUST 02 02 Langkapuri Star 1600 2030 Pcnang Jardine Shipping 224-1052 Aquarius Agcncics 05 05 Leisure World 1000 2015 C ruise to Nowhere New Century Tours 227-8284 Corporation 05 05 Langkapuri
      647 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      733 44 SHIP SALES TANKER RATES AFP PURCHASING interest continues to focus on the drycargo market and this week a number of significant deals have been concluded. MOC of New York continue their disposal programme of the older units and have now disposed of their 1980 built panamax bulkcarrier Chrismir to London
      AFP  -  733 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        529 45 Vessel Vo 1 No Berth Arrival Departure Vessel Voy Wo Berth Arrival Departure Jurong Port Amer ved 047 po6 o?os/iooo o«os iaoo ASl 23/8 02/94 12 alongside 0208/2300 Batam SpeedJ ****** P01A 0108/2100 0108/2300 Austrakan Grand 57 110 alongside 0208/1830 Batam Spe«d3 15/94* P01A 02 08/2330 03
        529 words
      • Article
        CONTAINER SCHEDULES
        1423 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From Aa Sum 129A 03/1500 26 01/1700 U/OC'I 02/0900 3 02/0/00 02/ 1159 02 1400 4 02/1200 02/1459 02/WOO A<ostet Neto 1094W
        1,423 words
      • Article
        COCKETT BUNKER MARKET REPORT
        836 45 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        836 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        599 45 Carton Cvbon My 28 Density Water Residue Mi Muninun Sedrnent Deraity Water Residue Mi MumHum Sedmnt M/M Exxon Exxon KG/IT3 V/V M/M M/M PPM method *C/M*3 M/M M/M PPM method Eastern USA 180 Ave 984 0.4 14 0 0.09 11 0.02 SO/Cbnac Limits Spec E25 991
        599 words
    • Article, Illustration
      Lock icon Dubai ports retain top regional position
      1176 46 The Dubai Ports Authority is upgrading infrastructure in Port Rashid and Jebel Ali in order to stay ahead of rival ports in the region Lloyd's List w -W y ,TH AN 8 w J cent increase /m in cargo hanW W dling to 6.303
      Lloyd's List  -  1,176 words
    • Article
      TRANSPORT DIARY
      731 46 COURSES Title: Principles of Shipping Documentations and Practices v (SDF 70%) Duration: Aug 4 Oct 27 Organiser Singapore National I! Shipping Association r »Tel: For further details and application forms contact SNSA <Bt 278-3464 or fax: 274-5079. r lATA-FIATA International Cargo Diploma Module I (SDF Case-By-Case) Aug 10
      731 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Four China airlines to set up own offices in Singapore
        292 48 SINGAPORE Four Chinese airlines that operate flights to Singapore will dissolve their ties with their main agent. Air China, to set up their own offices here. China Southern Airline, Yunnan Airline, China Eastern Airline and China South-West-ern Airline will operate
        292 words
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        Lock icon Vietnam plans luxury train to attract tourists
        229 48 AP HANOI Vietnam Railways plans to upgrade its services to attract more foreign tourists and is negotiating with Britishbased Orient Express pic to operate a luxury train between Hanoi and Ho Chi Minh City, an official report said on Sunday. The government-run Vietnam
        AP  -  229 words
      • Article, Illustration
        Lock icon Hongkong's 90-year-old wheels
        58 48 AFP HONGKONG Two tram cars squeak through Hongkong's old Western District as the British colony's oldest transport company celebrated its 90th anniversary on Saturday. The best and cheapest way to see Hongkong is still by tram, and it continues to play a major role as each day
        AFP  -  58 words
      • Article
        Lock icon Taiwan seeks funds from banks for BAe venture: report
        310 48 Reuter TAIPEI The chairman of Taiwan Aerospace Corp (TAC) has met several private Taiwan banks to seek funding for a possible cooperation with British Aerospace pic (BAe), the Economic Daily News said. TAC chairman Sun Taotsun made a presentation to eight
        Reuter  -  310 words
      • Article
        Lock icon Hainan Airlines sells monthly passes
        172 48 AP BEIJING A Chinese airline has become the first in the country to sell monthly passes for passengers who want the convenience of flying whenever they wish, according to an official report seen in Beijing on Saturday. Hainan Airlines, a regional airline based on the
        AP  -  172 words
      • LOG BOOK
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          Lock icon Beilun to get largest iron ore shipment
          100 48 KnightRidder LONDON China's port of Beilun will receive the largest ever single shipment of iron ore in one vessel around the second-half of October, shipping sources said last Friday. The Chinese charterer BNS has chartered, apart from a few contractual details, the 249.223-dcadweight-tonne
          Knight- Ridder  -  100 words
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          Lock icon Argentina to privatise Mar Del Plata
          97 48 Knight-Ridder BULNOS AIRHS The Atlantic Ocean grain and oilseed port of Mar del Plata will be leased to private investors on Oct 18, said Hugo Toledo, public works minister in Buenos Aires province, where the port is located. He told La Nation newspaper here
          Knight-Ridder  -  97 words
        • Article
          Lock icon Few takers for Lloyd Brasileiro
          56 48 Knight-Ridder RIO DL JANEIRO Brazil's government managed to sell only 162 lots of 74,769 offered last Friday at a privatisation auction of troubled shipper Lloyd Brasileiro SA. a National Privatisation Commission spokesman said. "The auction was suspended when no bidders came forth after the initial
          Knight-Ridder  -  56 words
        • Article
          Lock icon Air Ontario workers go on strike
          63 48 Bloomberg Business News TORONTO Air Ontario of Toronto, a regional connector airline for Air Canada Corp. has been struck by the 232 members of a union which include mechanics, ramp attendants and passenger agents. The workers, members of Canadian Auto Workers Local 2213, went
          Bloomberg Business News  -  63 words
      • Article
        Lock icon Chrysler front-runner to win US$ l.2b China minivan deal
        505 48 Reuter DETROIT Chrysler Corp could clinch a US$l.2 billion (SSI.B billion) minivan assembly project in China over the next few weeks, say industry experts. The project calls for building an assembly plant and an engine plant capable of producing about 60.000
        Reuter  -  505 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1733 48 City mill ETA fight ETO_ Citj FH* ETA Fig* CTP Abu Dhabi GF146 1120 GF147 1850 tl«WI SRI83 2105 SQ441 1505 GA982 2020 Cuangxhou CA977 2025 SQ228 2120 Hanoi VN741 1310 VM740 1410 RJ188 1325 Hatyai MI895 2300 TG408 0820 Amsterdam KL843 0505 GA896 0205 MI896
        1,733 words
      • Article
        Lock icon AA of US computerises travel data for members
        233 48 NYT NEW YORK The American Automobile Association was to announce yesterday that its extensive data base of trav-el-related information is available for use on personal computers. The association has put all its trip-planning information on CD-ROM. The disk has "the same information
        NYT  -  233 words
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      58 29 (WESTFAUA\ SEPARATORJ Always on Course FOR SERVICE AND SPARE PARTS SUPPLY, PLEASE CALL sOOOOOOO Dubai ports maintain leading regional position, Page 18 Four China airlines to set up offices in Singapore, Back Page Lines and service* represented by Members of the Registry ot Accredited Shipping Agents, Singapore National Shipping Association.
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      106 29 CROSS PORTS CONTAINER LINE (Specialist In Afghanistan/C.I.S. Destinations) Your Freight Forwarder To The C.I.S. Afghanistan Our direct routing via Iran to Afghanistan and C.I.S. inland destinations with our extensive network of offices through C.I.S. ensures that your cargo arrive fastest and safest too. Afghanistan Hairatan, Torghundi and Islamqala. C.I.S. Russia
      106 words
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      149 29 £±A±tß7 M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALL: *****00 I BANGLADESH SHIPPING CORPORATION I ADDENDUM I E TENDER NO. 02/93-94: INTERNATIONAL I I TENDER NOTICE FOR PROCUREMENT I p OF ONE CRUDE OIL TANKER I Attention is hereby drawn to above tender I I notice published in
      149 words
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      2261 30 mpaWt m import.... import.... [NORTH AMERICA! 1 OTHER DESTINATIONS 1 1 NORTH AMERICA I PMMICT CALL TO WEST COAST <SCX) TO EAST COAST SOVTH AMERICA SERVICE I SmOAPORE CALIFORNIA EXPRESS (DIRECT FROM WIST COAST) ftSSEL VOY STOW LA OAK VCR SEA DAL HOUSTON CWC NT MEXICO CITY VESSEL STORE BUENOS
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      1671 31 OOCL (8) PTE LTD JAROINE BHIPPING AGENCIES JAROINE SHIPPING AGENCIES SDN. BHO. 200 CANTONMENT ROAD, #12-05 SOUTH POINT. SINGAPORE 0208 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 CPS: 03-*****42 CR NUMBER: **********0 C PENANG TEL: *****4 FAX: *****1 II DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) IPOH TEL *****3/4 FAX: *****6 CUSTOMER SERVICE
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      Page 31 Advertisements Column 2
      1816 31 uamssasam NOBODY COVERS CHINA LIKE WE DO LOOK OUT FOR IT TOMORROW SAME PAGE, SAME PLACE Vessel Voy ETA ETO Feedered by S Laurel 6 Socot 2 I DESTINATIONS CFS 06/08 2358 HRS JOM LPK PEN OAK LGB SfO MEM ATL MIA CMS BAL PHL NYC TOR MAJESTIC MAERSK 9406
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      1592 32 1 AQABA R'DAM/ [I ALSO ACCEPTING FROM 1 VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WESJ MALAYSIA •< KATSURAGI 22/1 30 3/8 20/6 23/8 21 /8 Port Kolang, Ponang KITANO 26/330 6/8 15/8 22/8 24/8 27/8 29/8 31/8 PasJr Gudang KAMAKURA 39/131 10/8
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      Page 32 Advertisements Column 2
      580 32 [^QZISSS AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi. IsJamqala (Doqharun) C.1.5./RUSSIA: Vostochny, Vladivostok, Moscow, I Baku, Tashkent, Irkutsk, Alma Ata, Ashgabad, Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Oceania V.2254 03/8 30/8 Ned America
      580 words
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      1417 32 NORASIA VALE D HYDRA HO4W 02/08 30 08 24/08 I NORASIA AL MUNTA2AH 9430-3 03/08 26/08 27/08 29/08 30/08 31/ M 01/09 03/09 VALE 0E LYRA YO4W 09/08 06/09 31/ M I NORASIA SAMANTHA 9431-3 10/ M 01/09 02/09 04/09 05/09 06/09 07/09 09/09 NORASIA SUSAN 9432 3 19/08 09/09
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      1225 33 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific link BHlliHßlMiiiSillMfllljiifiiiiiiAyiiuiußi jgFWBp (A service of china navigation co> cargo m* saas amm ASIAN VENTURE VOX KK. Skm. Tiw 02-03 Au| 04 Au( 06 Au| FCL LC L CONTAINER
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      Page 33 Advertisements Column 2
      3225 33 SINGAPORE AGENT: |J\t| I /\f|foiflAt*C PSO Containers (Singapore Agencies) Pie Ltd ■PW- JL 10 Hoe Chiang Road #07-01 Keppel Towers Singapore 0208 Wf*? 'W$ Te,: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VESSEL vor *PNO 'PKO SIN SOU ANT ROT HAM GOT
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      548 34 EKA JAYA AGENCIES V||f TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE hQ CHI MINH CITY PAGtR HANDPHONg/PMgCT 1 KtflßT HQS 2\KX2* WHM _j HELYIN CHAN aiiMM sa&am/usaaaa MANflj IMSS2I HM7S I WILL LAM WEE 21*08*1 *****0*/MMM3 I ►TO VIETNAM/HCMC k CONTAINER-FEEDER SERVICE CENTER-POINT r H 7 LINES
      548 words
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      Page 34 Advertisements Column 2
      1694 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FM VSL Hint"*"** ">* Wl SM lIK HAUL SAV ILM NYC HANJIN FELIXSTOWE 022E 5 8 MtECT 25/1 26/8 27/1 HANJIN FELIXSTOWE 022E 5/8 H KEELUNG 049E 1/9 9/9 11/9 HANJIN ROTTERDAM 027E 12/8 ORECT 1/9
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      Page 34 Advertisements Column 3
      1400 34 mm J d ;TrJ -1 dd J Imscriscwcucrus «i o» w w no m c» u me uw mm ism nr i« no ca m xp I I ***** KB! l/l I/I 7/1 11/» 12/1 IVI U/« 17/1 11/ l 11/ l a/l 31/1 13/1 15/1 If 9 26/1 27/»
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      Page 34 Advertisements Column 4
      76 34 CONVENTIONAL SERVICES TO BANGKOK "THAI FLAG" -ttssu *2! Hi pmtowtior MM Mil n/t MAT TMAfWUT BANGKOK fNITMAI 01AM J/S BMGMK/UEMCMMM MAM 05A M IS/I BANGKOK SONCKHIA musst mi bahbkk oww gwro i m»i o; t wmctau/hcmc ma*co roio i M 7 57i kranang oumm MAftCO MHO I MS 3/* SUNGAI
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      2044 35 Bpmm—— sgs I sex: 'CALIFORNIA LUNA 67E" eta sgp 03/08/94 II H I ARRIVING LOS ANGELES 20/08/94 IN 16 DAYS HI H I AEX: 'NEPTUNE DIAMOND 21E' ETA SGP 03/08/94 II H /r I ARRIVING NEW YORK 27/08/94 IN 23 DAYS HI VSBSSSSSSSSs=s^===s==s^sss^^s^Sl EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX)
      2,044 words
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      Page 35 Advertisements Column 2
      617 35 HEUNG-A SHIPPING (KOREAN FLAG) I FUUY COWMCMZHI SERVICE I I COHffIITIOHAI SERWCE I MMRTAStt 1 M I UK I I «t I HKt I WIS i MC MM T CHOYAN6 SW VW43O 25/07 21/07 04/01 0«/0» 11/01 15/01 H/01 17/01 HO. 7 PONAM 40W 19/07 24/07 IPI Ot/OI 15/01 6108K
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      Page 35 Advertisements Column 3
      1139 35 I o I MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 X BOOKINGS: *****64. *****51, *****31, *****13 < > BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 JL BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87
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      1352 36 44 ff AS AGENTS: "K" UNI (SINGAPORE) PTE LTD (C* NO: **********0M/GST REG NO: M2-*****5S 6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W ■WT MALAYSIA K" LINE MARITIME (MALAYSIA) SON BHO M 4 W* J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA:
      1,352 words
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      Page 36 Advertisements Column 2
      1275 36 ©APPENSHIP Ov.' HAMBURG (W'J CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS 10A0MG POUTS DISCHARGE LOADING FOR ANANGEL PEACE RTM 06/07 SPORE 06/08 SEAKITTIE HAM 01/07 SPORE 19/08 ELENA V ANTW 05/07 SPORE 06/08 tilft ISLAMIC REPUBLIC OF ACCEPTING CARGO TO GULF PORTS I I
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      1005 37 PACIFIC INTERNATIONAL LINES (PTE) LTD] 140 Cec Street PIL Building, Singapore 0106. I IMAM* Km fIHV CR NO **********0E I »xf/j a H I i H im»l h ill in i V VESSEL VOY SIN CMS JIB HOD JED AQJ AOE PZU MSW ASA KOTA BERK AT BKTOI3 7/S 12/S
      1,005 words
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      Page 37 Advertisements Column 2
      958 37 vcsstis »or sw u mm ha»bu»g thmes hotTtbow antwcrp WtLi D'HYPEA HO4W 02/01 24/01 2*/Ot 27/08 28/08 30/01 Will PC ITM *04* 03/01 31/08 02/OT 03/09 04 W 06/09 VHIE 01 VEGA GO4W 14/08 07/09 M/ 09 10/09 11/09 13/09 WUC Of VII* 14/09 K/09 17/09 11/09 20/09 •ALSO ACCEPTING
      958 words
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      Page 37 Advertisements Column 3
      549 37 BS/Vik M MYANMA V&l FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdi *VA Vl29* 00/10 Aug 02/07 Au f HP* AN V2O4W 04/07 Au| 02/04 Aaf PATHEIN ¥130* 04/09 Aug 30/07 A«f PAGAN V2I2W 12/14 Auf 00/10 MALATSIA AGENTS BOUSTEAO SHPPMG AGENCCS KU TEL
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      2232 40 SERVICE I W. AFRICA/PARANAQUA I "XIANG CHENG" V77| ETA BQP 10/8 I MATADI —23 DAYS I LAGOS —29 DAYS I ABIDJAN —32 DAYS I PARANAGUA —45 DAYS I Singapore's General Agents: COSTAR SHIPPING PTE LTD M (General): *****00 Sales/Booking: Agency Dept: eSiaXLwat*l7-08 Ftx *****66 Container: *****41/844 Container Src B/L: *****02
      2,232 words
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      Page 40 Advertisements Column 2
      774 40 3 SAILINGS PER WEEK TO PORT YICHANG; SHASHI; WUHU; NANJIANG VESSEL JIN AN; JIN JIN; JIN NING PORT :CHENLIANJI; ZHENJIANG; HANKOU VESSEL :JI QING; Jl RONG PORT JIANYIN; HUANGSHI; CHENGJIANG VESSEL :Jl XIANG; Jl PING PORT JIUJIANG; NANTONG; ANQING; SHANGHAI; SHANTOU VESSEL :Jl CHANG LlfiflU WORLD TRACK AGENCIES 111 I
      774 words
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      Page 40 Advertisements Column 3
      195 40 /fetlMORBULliv I NORBULK CARGO SERVICES LTD. J I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES J ISP lOAON6 FOR SEA SOWCT SAILED M PORT FLU/'ROAM/ANT/UK TIAN IMG 15/t 17/1 FLU/ANT/l* ALSO LOADS SABAH/SARAWAK/IHDO PORTS I NORBULK TBN 20/8 24/8 DBN/CPT/a I ALSO LOADS TAWAU, KK, TG MANI PK SWK/SABAH
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      723 41 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 07/8 ROTTERDAM 06/8 AARHUS/COPENHAGEN 07/8 HAMBURG/BREMEN 07/8 MARSEILLE/FRANCE 03/8 FEUXSTOWE/UK 08/8 BARCELONA/SPAIN 08/8 LEHAVRE/FRANCE 03/8 GENOA/ITALY 03/8 ANTWERP/BELGIUM 08/8 LOS ANGELES/WC/IPI 06/8 SYDNEY/MELBOURNE 04/8 NEW YORK/EC 06/8 FREMANTLE/ADELAIDE 05/8 VANCOUVER 05/8
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      Page 41 Advertisements Column 2
      1957 41 11l ITtl IMiMBHMIHi)! jfciifflil 1 iWI *111 ijiiUjaiM Kg 9 V SI 1 vessel vov sin pew I WAW BHUM 1 AKA BHUM 147N/S Tua lln Pi Thu 4/« VESSEL VOY SIN BKK g ISRA BHUM 628 Fn 5/1 Tut 6/6 QCJA OIIUM 4625 Fri 5/8 Sat HI m YANTRA
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      1721 42 ■ukIMN CONTAINER LINES, INC (2iv/VV*|Aflents: MAC-NELS SPORE: *****22 (24 LINEB) UV 'c/R Noc **********0 C SIBU (084) *****9 KUCHINQ (082) *****3 PENANG: (04) *****6 BANGKOK (862) *****67 MANILA (632) *****61 P-KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN
      1,721 words
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      Page 42 Advertisements Column 2
      184 42 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD ETA ITU (I* SPORE rati KdANG ttMNG BLUE lU* 22:8 20 i Loading tor Mate RUYAI HUOKJ 20 8 loading lor Dubai DOIPHN 26 8 loading For Malt PWNUR SUHEME 6 8 loadMig Fix Male UMMFEOH 11 loading For Malf niOGMSS
      184 words
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      Page 42 Advertisements Column 3
      1171 42 f jg. THONG SOON UNES PTE LTD 1 I /W\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I I \y TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO 4 r*o*o moo* co*m»r SINGAPORE TO SARAWAK SINGAPORE TOTOAU.AND VESSEL VOY SPORE PEST VESSEL VOY SPORE
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      406 46 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****22 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANG/SINGAPORE VESSEL VOYAGE SIN PKL VESSEL VOYAGE SI PEN VIGOUR LUZON *****N 02/08 (TUE) 04/08 (THU) MCC CONVEYOR 9431 02/08 (TUE) 05/08 (FRI) MCC CONVEYOR 9431 02/08 (TUE) 04/08 (THU) VIGOUR LUZON *****N
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  • Page 46 Miscellaneous
    • Miscellaneous
      Page 46 Miscellaneous Column 1
      684 46 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1900 2000 2100 2200 2300 U 1.0 1.0 U 1.3 1.5 1.6 1.6 1.6 1.5 1.4 1.3 1J 1.3 1.4 1.5 1J 2.0 12 2.3
      684 words
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      801 47 I HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PNA* PKE* PGO* VESSELS VOY SIN RTM ANT* LEH* HAM B*Et FEL 03/08 05/08 06/08 NOR FRIBOURG 312W 08/08 26/08 28/08 29/08 28/08 28/08 30/08 10/08 12/08 13/08 H. CHALLENGER 311W 15/08 02/09 04/09 05/09 04/09 04/09 06/09 17/08
      801 words
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      Page 47 Advertisements Column 2
      463 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS WSSU VOY Sf PK RUC RR MU» JRT SONBM 21 ]/|Rn- CHAMPION TRAMR 40 l/l 10/1 ORANGE MOON 44 11/1 KEISMM 31 15/1 16 S 12/1 20/1 OUTBOUND VESSELS LOADING FOR KUCHMC/MUHRA (PURE CAR CARRIER) KOISHIN V4l SP 31/7
      463 words
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      Page 47 Advertisements Column 3
      1058 47 VESSEL I VOY 1 SIN ETA/D LAX I OAK I CHI I DAL MEM/COL IHOU 1 NYC 1 NOR ALLIGATOR TRIUMPH 56A 04/08 21/08 23/08 24/08 25/08 25/08 2t/08 26/08 27/08 GEORGE WASHINGTON BRIDGE 80A 11/08 28/08 30/08 31/08 01/09 01/09 02/09 02/09 03/09 ALLIGATOR PRIOE 53A 18/08 04/09 06/09
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      109 48 ANALYSIS I KUWUI M.V. TWINKLE ACE" VOY. 62 Arrived 25th July 1994 M.V. "GLOBE EMERALD" VOY. 7 Arrived 27th July 1994 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 3rd August 1994 0900 -1200 hours at PT9.
      109 words
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      Page 48 Advertisements Column 2
      7 48 f ANALYSIS I Tomorrow in Business Times
      7 words
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  • Official Opening of Keppel Distripark
    • Article, Illustration
      Taking distribution to new frontiers
      277 49  -  By Dexter Lee IT HAS been a long and arduous journey for Keppel Distripark. The $400 million warehousing and distribution complex had to weather many storms before it reached completion. It had to put up with building constraints, a tug-of-war between parent Port of Singapore
      277 words
    • Article, Illustration
      One day YCH plans to go public
      591 50  -  The group's managing director tells Dexter Lee about the inevitable choice that awaits the firm after its regionalisation plan is through Dexter Lee The writer is a BT journalist Logistics specialist YCH Group wants to go public but not now. "I enjoy being
      591 words
    • Article, Illustration
      A strategy that got the group back on the road
      709 50 The YCH MD recalls an incident that almost sounded the death knell for the company and how the family got their act together at his persistence NEVHR drop an ultimatum! It could well blow up in your own face as
      709 words
    • Article, Illustration
      Catering to different types of clients
      613 52  -  Kuehne Nagel (SEA) Management MD tells Dexter Lee about the firm's different customer needs and also warns that S'pore needs to be vigilant to remain a distribution hub Dexter Lee The writer is a BT journalist SINGAPORE offers many advantages to international manufacturers who
      613 words
    • Article, Illustration
      Where tenants can reach for the ceiling
      748 53  -  The design of Keppel Distripark allows tenants maximum use of space and Regional Consolidation Systems harnesses it completely. Dexter Lee reports Dexter Lee The writer is a BT journalist REACH for the sky. No. this is not a hold-up one might find in
      748 words
    • Article, Illustration
      A growing Surveyor Indonesia seeks more of KD
      668 54  -  The cargo inspector has leased office space again, this time on the second level, to carry out its new role as a regional office, writes Dexter Lee Dexter Lee The writer is a BT journalist INDONESIAN FX Sri Martono has produced two
      668 words
    • Article, Illustration
      A landmark dedicated to distribution
      1005 55 The hallmark of KD is the high degree of computerisation and automation. Users can now exploit the advantages of Singapore's strategic location KEPPEL Distripark (KD) is the Port of Singapore Authority's (PSA) latest addition to its distribution facilities. KD, together with the existing distriparks at
      1,005 words
    • Article, Illustration
      From godowns to distriparks — evolution of growth
      795 62  - From godowns to distriparks evolution of growth Manjit Singh looks at the transformation of warehouses in Singapore which now can boast of facades comparable to commercial centres Manjit Singh The writer is the operations manager at Keppel Distripark THE transformation of the local warehousing industry over the past 20 years
      795 words
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      51 49 EMOUS raEIGOT (S) PTEUD g. t g» 11* JimL ■k M J F Head Office: Distripark: 10 Anson Road #15-21 International Plaza Singapore 0207 Tel: 224 1833 (24 lines) Blk 515 #02-113 Keppel Distripark Singapore 0409 Tlx: RS ***** FAMOUS Fax: 224 5755,223 2107,222 8280 Tel: 276 8010 Fax: 276
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      126 49 CONTENTS YCH Group wants to go public Pg2 The group is focusing on regionalisation for the time being though, where it plans to set up more operations abroad. Catering to different clients Pg4 Freight forwarder Kuehne Nagel is banking on providing different types of warehousing facilities to win customers. Where
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      66 50 "We offer you a worldwide network" CONPAC WAREHOUSING PTE LTD is pleased to be located at: KEPPEL DISTRIPARK H Block 513 #01-125 Kampong Bahru Road Singapore 0409 Tel: *****12/3 Fax: 278 4369 fp Jb ACCORD SHIPPING PTE LTD Anson Road #13-08 International Plaza, Singapore 0207 Sea/Air Freight Booking Agents Inward/Outward
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      92 50 The Port Of Singapore Authority On Your Official Opening Of KEPPEL DISTRIPARK Resources Development Corporation Limited is proud to be the Ready Mixed Concrete Supplier for this project. As a leading supplier of ready mixed concrete in Singapore, we only believe in delivering the BEST. Our team of dedicated professionals
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      231 51 (Do7Z4JpHltu/(l£i0M& ip—' to —m THE PORT OF SINGAPORE AUTHORITY on Their Official Opening of Keppel Distripark MAIN CONTRACTOR: 1 I ■Si LOW KENG HUAT (SINGAPORE) LIMITED I BH 80 Marine Parade Road #18-05/09, Parkway Parade, Singapore 1544 0 ■■I Tel: *****33 (10 lines) Telex: RS ***** LKHINT Fax: *****41 I
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      54 52 @o*tyruztulati<w& toTHE PORT OF SINGAPORE AUTHORITY fan, ofretUtty- o£ t6eto KEPPEL DISTRIPARK a yf v ttf- yiilbi H *i*i —z*T yf si3lH i 'I >n i J t s- H Jlgj' J' |l 1 BHP Lysaght S.E.Asia Re Ltd 18 Benoi Sector, Jurong Town Singapore 2262 Tel: *****77 Fax: *****51
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      52 52 Gofiyt situ falion# t7i> THE PORT OF SINGAPORE AUTHORITY Qjfi'ciul Cywi>ifiy(pf KEPPEL DISTRIPARK We are proud to have supplied and installed the Storm-proof Louvre System to the Keppel Distripark project I PLANAR ONE ASSOCIATES PTE LTD BU( 165, BUNT HERAH CENTRAL, #07-3689 SHGAPORE 0315. A I IEL: *****17 3 WES
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      86 53 Infill 11 CONGRATULATIONS FROM Yap Chwee Hock Group Your Partner in Total Logistics I j We are proud to announce our One-Stop-Service YCH DistriCenter® at the Keppel Distripark for all your Container Freight Station and Regional Distribution needs. ■$"T YCH DistriPark 30 Tuas Road Singapore 2263 j Tel: 862-2828 (20
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      42 54 I (fatpatolaCfaM fo I The Port Of I Singapore Authority 111 On Your Official Opening I Of I KEPPEL DISTRIPARK H H w I MAERSK I MAERSK SINGAPORE PTE LTD 200 CANTONMENT ROAD #10-00 SOUTH POINT TEL: 224-0505 FAX: *****45 I i)
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      54 54 I I I The Port Of I I Singapore Authority I I On Your Official Opening I I KEPPEL DISTRIPARK I DSL I I Distribution Services, Ltd. 9 I DSL Distribution Services, Ltd. I Block 519, #01 -105 Kampong Bahru Road I I Keppel Distripark Singapore 0409 1 I TEL:
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      134 56 THE PORT OF SINGAPORE AIJTHORITY KEPPEL DISTRIPARK I YHE CORPORATION PTE LTD I W<? ore proud to have supplied and installed the I following services to Keppel Distripatk:I HT &LT Electrical Network I "SCADA" Systems I Telecommunication Network I Emergency Generator System I Block 6, Syed Alwi Road #01-341 Singapore
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      106 56 Congratulations To I THE PORT OF SINGAPORE AUTHORITY On Their I Official Opening Of The I KEPPEL DISTRIPARK I General Engineering Trading (Singapore) Re Ltd I 16 Kallang Way 4 Kallang Basin Industrial Estate 1 Singapore 1334. I TEL: 748 8880 FAX: 746 5315 I Cor^ratiflations to THE PORT OF
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      155 57 j j :1 (£t uupuztuCatto*t<i- toI THE PORT OF SINGAPORE AUTHORITY 4o*,t6e I ofietUtty- o£ tne&i KEPPEL DISTRIPARK +r W m I ~m*> 3 i ::i j I Eastern i*% 1 Industries :1 J :j A member of Nat Steel j i EASTERN INDUSTRIES PTE LTD j 'I 9 Jurong
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      129 57 Congratulations To The PORT OF SINGAPORE AUTHORITY On Your Official Opening Of KEPPEL DISTRIPARK Your Reliable Interlocking Pavement Specialist We are proud to supply install the interlocking paving blocks (rectangular blocks) and car-park (turf-paving) system. G W Concrete Products Pte Ltd A member of Koh Brothers Group 65 Sungei Kadut
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      176 58 >V- AVT(S) PTE LTD Blk 203, Henderson Road #12-13 (Wing A) Singapore 0315 Tel: 273 7886 Fax: 273 1050 LUXALON ARCHITECTURAL PRODUCTS HUNTER DOUGLAS SINGAPORE FH LID No 3, Tuas Avenue 1, Jurong Industrial Estate, Singapore 2263 Tel: *****66 Fax: *****95 Registered Trademark of Hunter Douglas SERIE SAXUM (7 colours)
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      92 59 THE PORT OF SINGAPORE AUTHORITY KEPPEL DISTRIPARK m JIN XING WAREHOUSING TRANSPORTATION PTE LTD JIN XING FREIGHT FORWARDERS (S) PTE LTD MAIN OFFICE: 68 Toh Guan Road, Jin Xing Warehouse, Singapore 2260 Tel: 565 5545 Fax: 565 6469 CFS OFFICE: Keppel Distripark, Block 519 #02-103, Kampong Bahru Road, Singapore 0409
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      142 59 Congratulations To The Port Of Singapore Authority On Their Official Opening Of The Keppel Distripark im 'To Excel As A Leading International Engineering Specialist By Providing Innovative Technologies And Quality Service, And To Maximise Rewards To Employees And Shareholders" Specialist Services Provided By L&M L I Prestressing Geotechnical Works Foundation
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      156 60 rPfcwWMWWTMiMIIMIIiI >1 'M'WXWii 1» mill MM It iiiifcMii >Hi Hi miHi Wlli i'H>» i" ill Tiril HIT <£.3W¥ *"S* fa The Port Of Singapore Aiifhoritv On Your Official Opening Of KEPPEL DISTRIPARK i J I t ■v K A THONG SOON COMPANY THONG SOON DISTRIPARK PTE LTD 1 78 SHEhfTON
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      115 60 Cor^ratuiotions to THE PORT OF SINGAPORE AUTHORITY ontpur offtdal opening of KEPPEL DISTRIPARK We are proud to be the authorised workshop forLPGForklifis. m OAS Enterprises Pte Ltd CIAS Enterprises Pte Ltd CIAS Building, Airport Boulevard Blk 515 Unit 01-119 Singapore Changi Airport Keppel Distripark Singapore 1781 Singapore 0409 Tel: 541
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      83 61 I The otdy automated storage/retrieval System In H| :'SHE^I Keppcl Distripark BHk Block 513 #02-108 Keppcl Distripark flflffi Kampong Bahru Roaa Singapore 0409 |^B|| Tel: 271 6766 Fax: 272 3766 fIRHuHMdi ij Cbngtt&iMotts I x II I to I I THE PORT OF I SINGAPORE AUTHORITY -V, W I officictt'
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      103 61 Congratulations to THE PORT OF SINGAPORE AUTHORITY on iiour officiafopcniiu) of KEPPEL DISTRIPARK NYMClese NIPPON YUSEN KAISHA N.Y.K. LINE 1993 (S) PTE LTD 150 BEACH ROAD #25-00 GATEWAY WEST SINGAPORE 0718 TEL: *****23 EAX: *****09/*****95 FHtyMtulattMb I The Port Of I I Singapore Authority II St On Your Official Opening
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      40 62 HMCC CHINA METALLURGICAL CONSTRUCTION CORP. VXS"}^/96, Robinson Road, #04-05 SIF Building Singapore 0106 Tel: *****88 Fax: *****92 We are proud to be the Nominated Sub-Contractor for the Design and Construction of Cable Stayed Roofing System and Wall Cladding System. j
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