The Business Times, 4 August 1994

Microfilm: NL19569
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES MITA(P) 010/12/93 Thursday August 4 1994 WE KNOW ASIA 75«
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow down 6.8 points
      59 1 Reuter NEW YORK Blue chip stocks fell yesterday as some Wall Street traders focused on takeovers. In the broad market, declining issues about matched advances on New York Stock Exchange volume of more than 169 million shares at Ipm EDT. The Dow Jones industrial average was
      Reuter  -  59 words
    • Article
      Lock icon FDA approves device to unblock heart arteries
      31 1 Reuter WASHINGTON A new medical device to unblock and keep open obstructed heart arteries was approved by the Food and Drug Administration yesterday. Reuter
      Reuter  -  31 words
  • Article
    MARKET SUMMARY
    161 1 Stock market indices Wednesday Change ST!I 2,267.13 +3.83 KLSE Comp 1,079.06 +3.87 Nikkei 20,632.73 -27.40 Hang Seng 9,585.89 -109.14 SET Index 1,407.28 +7.56 Jakarta Comp 464.85 +5.61 CLSA China B ....1,063.14 +7.39 AustAllOrd 2,072.3 -14.6 FTSE 100 3,160.4 +2.9 Wednesday Previous 2pm close Dow Jones 3,789.43 3,796.22 Average
    161 words
  • Article
    Orchard Parade, Wing Tai pay $218 m for Tien Wah site
    634 1  -  By Lee Han Shih SINGAPORE An unusual corporate marriage took place yesterday when two property heavyweights Ng Teng Fong and Wing Tai Holdings said they would jointly pay S2lB million for a large piece of land in Bukit Timah
    634 words
  • Article
    HK's graft agency probes consortium bids at land auction
    553 1  -  From Lim Soon Neo in HONGKONG HONGKONG'S Independent Commission Against Corruption (ICAC) is investigating the circumstances of a May 26 government land auction where more than a dozen major developers including DBS Land and Sino Land of Singapore joined forces and
    553 words
  • Article
    Asian markets close mixed
    126 1 SINGAPORE Asian markets closed mostly mixed yesterday as caution emerged after two days of good gains. In Singapore, trading was brisk. The Straits Times Industrials Index rose 3.83 points to 2,267.13. Turnover was 194.12 million shares worth $560.2 million. Across the Causeway, the Kuala Lumpur Stock
    126 words
  • Article
    US$2.05m average net worth of S'poreans highest in Asia: survey
    407 1 SINGAPORE Singaporeans have the highest average net worth in Asia, according to a survey to be released this week by the Far Eastern Economic Review. The poll, conducted among 3,000 Review subscribers in 10 countries, found that Singaporeans are also
    407 words
  • Article, Illustration
    2 key execs quit HBM Print — 4 months after Sesdaq listing
    644 1  - 2 key execs quit HBM Print 4 months after Sesdaq listing By Joseph Rajendran SINGAPORE Newly-listed HBM Print has been hit by serious management disputes, four months after the investing public pumped $12 million into the printing company. Two key executive directors, Ricky Ang Gee Hing and Paul Tan Kah
    644 words
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      137 1 }+:`$\_,*^~;/>''['~.|@|:(}',_-= CONTENTS Km Compinin S'pore News 2 S'pore-M'sia .17,18,19 Regional News 3.4,6 Financial 21.22 World News 8 Futirfi Martlets Vialvsis 15 Ooto/KLSt. SES 2fr2B Editorial 14 Regional 24 Sports 9 World 25 TV/lifestyle 11 Currencies 22 Law 12 SuMi/Commo .22,23 SMtacrtvtiM Tel 1800-*****77 Fa* *****75 BT Ncwutesli Tel *****18 Fax
      137 words
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      40 1 Law: Pg 12 New definition of sexual harassment CORPORATE RESULTS Jurong Shipyard; GSI; Keppel Bank Full reports, Pg 17 US leading indicators up o.2pc in June, Pg 16 Senate panel clears Gatt Bill but leaves out key provision, Pg 16
      40 words
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      Page 1 Advertisements Column 3
      32 1 Hock Lock Siew: pg Keppel a financial Tomiichi Murayama is now thought likely to remain in power a good deal longer than originally expected Full report, Pg 15 Full reports, Pgs 24-28
      32 words
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      Page 1 Advertisements Column 4
      69 1 sThe Bottom Line: Pg 16 More to Clinton's policies PH '3 SB*! 7 V/ GL Man Soli Distributor Struct Crntrt THONG BIA CO (8) PTE LTD 30 Bideford Road *04-00 Thongsta Bldj. 0922. Tel: 737-6122. TtONG Si# iXJN BHD 45 Jalai Tuanku Abdul Rahman ***** Kuala Lumpur Tel: 03-*****1U03-*****19; AG
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon US$6.5b worth of electronics parts
        295 2  -  By Claire Leow SINGAPORE ranked third in the Asia-Pacific region last year in electronics components manufacturing, with output of U556.52 billion (Ss9.B billion). According to the Yearbook of Electronics Data, ahead of Singapore were South Korea with output of U5513.86 billion and Japan (U5563.2 billion).
        Source: Yearbook of World Electronics Data 94  -  295 words
    • Article
      Panel to review lawyers' conveyancing fees formed
      248 2  -  By Conrad Raj THE government has formed a committee to look into fees charged by lawyers for doing legal work related to property. Called the Conveyancing Fees Review Committee, it includes representatives from the Law Society of Singapore, the Bar, the Attorney-Gener-al's Chambers,
      248 words
    • Article
      Weekend car owners receive mixed signals
      362 2  -  Conflicting reports on conversion charges confuse By Ramesh Divyanathan CONFUSION has arisen over whether a charge would be imposed for converting weekend cars to normal cars when the Electronic Road Pricing (ERP) scheme takes effect. No charge, or so it seems from a Ministry-
      362 words
    • Article, Illustration
      Philips opens regional service centre in Singapore
      317 2  -  By Diana Oon CONGLOMERATE Philips opened a regional electronics manufacturing technology (EMT) centre in Singapore yesterday to bring full service, maintenance and consultancy services closer to its customers in the Asia-Pacific region. Philips Singapore chairman Victor Loh said at the opening ceremony in
      317 words
    • Article
      URA to sell extra Orchard Rd commercial land in small parcels
      438 2  -  By Abdul Hadhi MOST of the extra land the authorities have allocated for commercial use in the Orchard area will be offered for sale in small parcels. The Development Guide Plan issued recently by the Urban Redevelopment Authority included
      438 words
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      Page 2 Advertisements Column 1
      156 2 ,\<>@_^=[<<^{@]=`')?<<^^,.[-|@} |/C My 4 r—/\ Last land to be developed so close to the Gold Coast's Q Llj famous beaches. New developments will be several r n i n i kilometres further inland. Elanora, Palm Beach, Gold Coast Oueenslanc] rj\ Each split level villa has spacious decks off the living
      156 words
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      Page 2 Advertisements Column 2
      109 2 GREAT MINDS THINK ALIKE A i v I I V I V Ik M (You can tell ty their skirts) When it comes to excellence in tailoring, distinguished statesmen, royalty and just there is no other name quite like CYC about every man who recognises the It's why CYC has
      109 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Johor plans M$3b coast-to-coast highway
      348 3 JOHOR BARU A proposed Ms 3 billion (SSI.7 billion) "east-west highway" linking Pontian to Desaru will come about in two to three years and it will turn south Johor into a commercial and financial centre, The Star newspaper reported yesterday. The state has approved in
      Source : The Star  -  348 words
    • Article
      Lock icon M'sia urged to introduce sales tax
      139 3 MBT KUALA LUMPUR Malaysia should introduce a sales and services tax (SST) on all goods to help check inflation and widen the government's revenue base, says international accounting firm KPMG Peat Marwick/Desa Megat and Co. But before doing so, an impact study should be
      MBT  -  139 words
    • Article
      Philippine manufacturers warn govt against hastily cutting import tariffs
      375 3  -  From Al Labita in MANILA MANUFACTURERS warned the government yesterday against hastily reducing tariffs for imported goods, saying it would affect the jobs of one million people. The warning was in a joint position paper the Federation of Philippine Industries (FPI)
      375 words
    • Article
      Lock icon Viet minister apologises for spate of power cuts
      407 3 AFP HANOI Vietnam's Energy Minister has apologised for a recent spate of power cuts caused by overloading after a controversial high-tension power line was activated, a report said yesterday. Thai Phung Ne told a news conference here that although the 500-kilovolt line
      AFP  -  407 words
    • NOTEBOOK
      • Article
        Lock icon Manila plans new tax measures
        86 3 Reuter MANILA The Philippines plans to impose new taxes on companies, Finance Secretary Roberto de Ocampo said yesterday. The taxes include a I per cent minimum corporate tax on gross assets, even for companies losing money. The tax measures will be proposed to legislators before
        Reuter  -  86 words
      • Article, Illustration
        Lock icon Porn material seized
        37 3 Reuter JAKARTA Major-General Hindarto, Jakarta's police chief, surveying a haul of pornographic goods, including magazines, inflatable dolls and sex aids, yesterday. The objects were seized during raids on shops in the Indonesian capital. Reuter
        Reuter  -  37 words
      • Article
        Lock icon Rice prices push up Indon inflation
        81 3 AFP JAKARTA Rising rice prices during the current dry season helped push Indonesia's inflation rate for July to 1.37 per cent, the highest level this year, bringing the rate to 5.96 per cent for the first seven months, Information Minister Harmoko said yesterday. The
        AFP  -  81 words
      • Article
        Lock icon More tourists visiting Indonesia
        63 3 Reuter JAKARTA Indonesia attracted 1,495,879 foreign tourists in the first half of 1994, up 17 per cent from the same period last year, the Tourism, Post and Telecommunications Ministry said yesterday. The main points of entry were Jakarta, followed by Bali and Batam. Data on foreign
        Reuter  -  63 words
    • Article
      Lock icon Ramos upbeat about higher first-half growth
      248 3 AFP MANILA The Philippine economy is likely to post a higher growth rate for the six months to June compared with the year-ago period, due to a stronger second quarter performance, President Fidel Ramos said yesterday. Mr Ramos said in his weekly news conference
      AFP  -  248 words
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      191 3 WOULD YOU LIKE TO KNOW BSSSI HOW THE LECACY BECAME THE BEST SELLING 2-LITRE CAR IN TOKYO? Naturally such a powerful and fast The boxer engine is one reason of car needs to offer maximum safety. cou e ll offe power and CHOHPAr TOYOTA, MITSUBISHI MAZDA CBCTAIHLY WOULD.) High grade
      191 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Shortage of public toilets in Shenzhen
        118 4 Reuter HONGKONG A shortage of public toilets is drawing public fire in Shenzhen, China's most developed city, the Beijing-con-trolled China News Agency (CNA) said yesterday. There are only 31 public toilets in the entire 327.5-sq-km Shenzhen Special Economic Zone bordering Hongkong, while in the
        Reuter  -  118 words
      • Article
        Lock icon KMT to reveal corporate holdings
        109 4 AFP HONGKONG Taiwan's ruling Kuomintang (KMT) party is to end decades of secrecy by exposing its extensive corporate holdings to public scrutiny, a Hongkong-based weekly magazine reported yesterday. Liu Tai-ying, chairman of the KMT's Business Management Committee and responsible for corporate restructuring, told the Far
        AFP  -  109 words
      • Article
        Lock icon HK to install auto mailing system
        107 4 Bernama-Xinhua HONGKONG A prototype automatic mailing system will be installed at the General Post Office for trial use by the public in Hongkong as from next Tuesday, Postmaster General Mike Pagliari said. "Among the measures for improving the postal service, the post office has
        Bernama-Xinhua  -  107 words
      • Article
        Lock icon China cancels 7,500 foreign ventures
        119 4 AFP BEIJING China has cancelled the registration of some 7,500 foreign-funded ventures over the past 14 years for engaging in illegal activities or failing to fulfil obligations, Xinhua said yesterday. The companies, which account for 4.3 per cent of all foreign-funded enterprises since China began
        AFP  -  119 words
      • Article
        Lock icon Two Chinese county leaders sacked
        60 4 UPI HONGKONG China's drive against corruption reached the ruling communist party's hierarchy yesterday when the ministry of supervision fired two county leaders for buying smuggled cars with public cash siphoned from disaster relief funds. "Leading cadres from county level upwards should take warning from this
        UPI  -  60 words
      • Article
        Lock icon Chinese govt agency taken to court
        97 4 AFP BEIJING In an unprecedented case, a young Chinese man has taken a government agency to court to appeal a fine he received for failing to register for military service, China Daily said yesterday. The case is the first reported dispute between air individual
        AFP  -  97 words
    • Article
      Lock icon Beijing unlikely to contain inflation at 10pc target
      520 4 Reuter BEIJING China's Finance Minister has given a mixed report on sweeping tax reforms introduced at the start of this year, amid growing official recognition that the target of containing inflation this year at 10 per cent will fail. Major newspapers yesterday
      Reuter  -  520 words
    • Article
      Lock icon Taiwanese hard put to decide which way island should go
      328 4 Reuter TAIPEI Nearly half of Taiwanese are undecided about whether the island should reunify with rival China or declare independence, said a gov-ernment-sponsored opinion poll released yesterday. The poll results, released hours before the arrival of Tang Shubei, Beijing's chief
      Reuter  -  328 words
    • Article, Illustration
      Lock icon China's high-level official upset by demos on arrival in Taipei
      403 4 Reuter TAIPEI Beijing's chief negotiator with Taipei arrived in Taiwan yesterday, becoming the highest-ranking Chinese visitor to cross the Taiwan Straits in 45 years, but complained airport protests had marred his reception. Dozens of deputies of the opposition Democratic Progressive
      Reuter; AFP  -  403 words
    • Article
      Lock icon Death toll in second wave of China floods hits 258
      261 4 Reuter BEIJING The death toll from a seeond wave of torrential rains and flooding has reached 258 in four southern China provinces, Xinhua news agency said yesterday. The olTicial agency also reported 14 new deaths from flooding in the northern
      Reuter  -  261 words
    • Article
      Lock icon Shanghai A index surges again as institutions start buying
      412 4 Reuter SHANGHAI After pausing for breath on Tuesday, Shanghai A shares rocketed again yesterday, and the market is now up 61 per cent on the week. But analysts question whether such dizzying gains can be sustained. A clear pattern of trading
      Reuter  -  412 words
    • Article
      Lock icon Beijing seizes 6m books, magazines in copyright crackdown
      289 4 AFP BEIJING Chinese authorities seized nearly six million books and magazines this year which violated copyright laws or were deemed excessively violent or pornographic. A government publishing official yesterday said they also confiscated 200.000 illegally produced compact discs and 750,000 video and
      AFP  -  289 words
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      77 4 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FA X 741 —1298 This announcement appears as a matter of record only August 1994 XTvinture VENTURE MANUFACTURING (SINGAPORE) LTD (Incorporated in the Republic of Singapore) RENOUNCEABLE RIGHTS ISSUE OF $27,200,000 PRINCIPAL AMOUNT OF 2.5 PER CENT. UNSECURED LOAN STOCK DUE 1999 WITH 20,400,000
      77 words
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      260 5 Pi t *v >.■•:: #V C i > VJr v iv- 3* fl Pi- *>$%&&? V V W[ ML Bp W^r\^d %> x 'Jfv', -JEW* 5*Y v< »v«-' *f j£, v >" HH^^H I^^H iaLJ§>.: 4 i 4j£B I w Enwß 199 #1 w# mc. iM1 KBR! BBHaHHI ■1/ m$'
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  • REST OF ASIA
    • Article
      Lock icon Aussie growth forecasts revised downwards
      451 6 New figures show shoppers cut back spending in June AFP SYDNEY Analysts revised down forecasts for Australian economic growth yesterday after the release of official data which showed shoppers had cut back spending in June. Despite the monthly fall, economists said retail trade grew strongly
      AFP  -  451 words
    • Article
      Lock icon Indian finance minister threatens to quit
      181 6 Reuter NEW DELHI Indian Finance Minister Manmohan Singh yesterday threatened to resign after some Congress Party colleagues accused him of mishandling the response to a parliamentary report on the country's worst bank scandal. Congress deputies said Mr Singh told a party meeting he would
      Reuter  -  181 words
    • Article
      Lock icon NZ current account rebounds sharply into the black
      335 6 Bloomberg Business News WELLINGTON New Zealand's current account in the three months ended March 31 turned to a surplus of NZS42B million (SS3B9 million) from a revised deficit of NZ$9B6 million in the previous quarter. The government yesterday said the deficit in
      Bloomberg Business News  -  335 words
    • Article, Illustration
      Lock icon Water crisis leaves Japan high and dry
      378 6 Asahi TOKYO A nationwide water shortage, with the most serious impact on Shikoku main island in western Japan, is hurting farming, tourism and other aspects of daily life, and the experts say government water supply policy is all wet. In Matsuyama in Shikoku,
      Asahi; Reuter  -  378 words
    • Article
      Lock icon S Korea's ruling party suffers setback in two key by-elections
      335 6 AFP SEOUL South Korea's ruling Democratic Liberal Party (DLP) sufTered a humiliating setback yesterday, losing two key constituencies to the Opposition in by-elections on its own turf. The DLP lost both by-elec-tions in the south-eastern province of North Kyongsang, home
      AFP  -  335 words
    • ASIA NOTES
      • Article
        Lock icon Japan is N Korea's No 2 trade partner
        78 6 AFP TOKYO Japan was North Korea's second largest trading partner in 1993 although trade between the two countries fell 2 per cent from the previous year, a trade body said here on Tuesdav. Overall trade between the two countries totalled US$47l million
        AFP  -  78 words
      • Article
        Lock icon No to Murdoch cross-media suggestion
        100 6 Bloomberg Business News CANBERRA Australian Communications Minister Michael Lee rejected a suggestion from Rupert Murdoch's News Corp that the nation's cross-media ownership rules be relaxed. The Australian newspaper reported yesterday. The paper is owned by Mr Murdoch. It said Mr Lee's statements signalled the government
        Bloomberg Business News  -  100 words
      • Article
        Lock icon Bangladeshi feminist author in court
        81 6 AP DHAKA Feminist author Taslima Nasrin, who has been threatened with death by Islamic fundamentalists, appeared in court yesterday and was granted bail on charges of insulting Islam. It was the first time Ms Nasrin had appeared in public sinee she went into hiding on
        AP  -  81 words
      • Article
        Lock icon Aussie manufacturers bullish
        45 6 Reuter MELBOURNE Australian manufacturers reporting rises in production have now outnumbered those reporting falls for four successive quarters. A survey of Australian manufacturing, covering 565 plants in all states, showed that Victoria, New South Wales and Queensland were the best performers. Reuter
        Reuter  -  45 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      815 6 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in tfw Republic of Singapore) The Board of Directors of General Securities Investments Limited wishes to make the following announcement. (1) UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1994 Company Group Six months ended Incrl Six months ended Incr/ 30.06.94 30.06.93 (Deer) 30.06.94
      815 words
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      217 7 AFTER YEARS OF DEDICATION, WE'VE ARRIVED WHERE EVERYONE AIMS FOR. THE TOP. This announcement of our success, which we're world. Today and into tomorrow. proud to make today, is dedicated to all the people We'd also like to extend our thanks to all of who have contributed so much to
      217 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon EU consumer confidence rises
        112 8 Reuter BRUSSELS Consumer confidence in the European Union climbed steadily in June to the highest point in two years as economic recovery gathered pace in the 12-nation bloc, the European Commission said. "Compared with the previous month, the consumer confidence indicator rose in the Union by
        Reuter  -  112 words
      • Article, Illustration
        Lock icon Rare Batman comic to be auctioned off
        68 8 AFP LONDON An extremely rare and well-preserved copy of Detective Comics No 27, featuring Batman's first appearance in a comic, is expected to set a new European record for any comic book when it goes for auction at Christie's later this week. The
        AFP  -  68 words
      • Article
        Lock icon Standard size for new recording discs
        88 8 Reuter LONDON Leading electronics companies in the US, Europe and Japan have agreed to adopt a single standard for next generation magneto-optical discs for recording sound and video, the Financial Times said on Tuesday. It said Fujitsu and International Business Machines Corp have submitted
        Reuter  -  88 words
      • Article
        Lock icon Fewer US business failures
        86 8 AP NEW YORK US business failures dropped 20 per cent in the first half of the year following economic growth in major industries nationwide, said a survey released on Tuesday. A total of 36,790 businesses failed during the period, compared with 45,906 during the first half
        AP  -  86 words
      • Article
        Lock icon EU conduct code on WTO issues
        100 8 Bloomberg Business News LONDON The European Union is preparing a "code of conduct" that will look at which European institutions will handle which of the new World Trade Organisation's non-trade related activities, the Financial Times said yesterday. The EU cannot sign April's Gatt agreement
        Bloomberg Business News  -  100 words
    • Article
      Lock icon US telecom firms in last-ditch effort to save deregulation bill
      439 8 Bloomberg Business News WASHINGTON Rival factions in the telecommunications industry on Tuesday made a last-ditch attempt to salvage legislation that could eventually lead to the blurring of the lines between telephone and cable television companies. The two main opponents the
      Bloomberg Business News  -  439 words
    • Article
      Lock icon Canada caps wheat sales to US to avoid trade war
      368 8 Reuter OTTAWA The Canadian government has agreed to limit the country's wheat exports to the United States to 1.5 million tonnes for a year to avoid a trade war. Above that level the US will apply prohibitive tariffs on exports
      Reuter  -  368 words
    • Article
      Lock icon Mexico to levy up to 78pc anti-dumping tariffs on US steel
      318 8 Bloomberg Business News MEXICO CITY Mexico's Commerce Ministry said on Tuesday it would levy antidumping tariffs of as much as 78.46 per cent on US-made steel products. The government's move places duties of 38.21 per cent on US-made galvanised-sheet
      Bloomberg Business News  -  318 words
    • Article, Illustration
      Lock icon Berlusconi's victory sends markets higher
      429 8 Reuter ROME Markets took comfort yesterday in the virtual certainty that Prime Minister Silvio Berlusconi's government would survive the summer and even his opponents bowed to his mastery of television to get his message to the people. The government spokesman, meanwhile, acknowledged it had been
      Reuter  -  429 words
    • Article
      Lock icon Expected rise in UK base rates may be blessing in disguise
      476 8 Reuter FT LONDON British base rates look set to rise by the end of this year but this will not derail a brisk recovery and will help ensure inflation remains under lock and key, analysts said yesterday. Most agree
      Reuter; FT  -  476 words
    • Article, Illustration
      Lock icon Rooftop rebels
      47 8 Reuter LONDON Policemen in riot gear crashing into a terrace house in London's East End on Tuesday to get protesters off the roof. The demonstrators oppose the building of an Mil motorway link road that will cut through the heart of the historic area. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Pentagon defends US share of arms sales to Third World
      421 8 AFP WASHINGTON The Pentagon yesterday denied a congressional report released on Tuesday saying that the United States had dramatically increased its share of new arms sales to the Third World. The US increased its share of arms sales to the
      AFP  -  421 words
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      371 8 BUILD-OWN-OPERATE 3) The State Government ofKamataka, India invites offers from reputed industrial and business houses for establishing a "New Modern Airport of International Standards at Bangalore." One of the fastest growing cities in India, with a population of about 7 million, Bangalore has attracted a large number of multi-nationals with
      371 words
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  • SPORTS
    • Article, Illustration
      Lock icon Azinger fighting fit after overcoming cancer
      925 9 Golf NYT GRAND BLANC, Michigan He stepped inside the ropes for the first time in nine months, nodding and waving to the applauding gallery that had assembled next to the first tee at Warwick Hills Golf and Country Club. It was a big crowd
      NYT  -  925 words
    • Article
      Lock icon New dawn in Land of Rising Sun
      654 9  -  Rob Hughes predicts that Japan will be the next frontier for soccer Rob Hughes NYT LONDON The pace of modern living may be too hot even for Americans born to the throw-away age. Alan Rothenberg, chairman of a World Cup which, by any
      NYT  -  654 words
    • Article
      Lock icon England rugby coach Best sacked
      355 9 Reuter LONDON Dick Best, one of England's most successful rugby union coaches with 13 wins in 17 matches, has been sacked just nine months before the 1995 World Cup. The Rugby Football Union said on Tuesday that manager Jack Rowell, who succeeded Geoff Cooke in
      Reuter  -  355 words
    • Article, Illustration
      Lock icon Catch of the day
      56 9 Reuter CLEVELAND If there was any baseball player who was fishing for compliments on Tuesday, it must have been Cleveland Indians catcher Sandy Alomar. And his spectacular catch of a ball popped by Detroit Tiger Cecil Fielder left him literally draped over a fence behind the
      Reuter  -  56 words
    • Article
      Lock icon Mourning wants revenge at world champs
      369 9 Reuter TORONTO When the US national basketball team, dubbed Dream Team 11, opens play at the world championship today, Alonzo Mourning will be looking for one thing. Revenge. Mourning, a 6-foot-10 centre with the Charlotte Hornets, is the only member of Dream Team II
      Reuter  -  369 words
    • Article, Illustration
      Lock icon Smacking success
      41 9 Reuter MONACO Algerian Noureddinc Morccli blowing a kiss after he shattered the world 3,000 metres record on Tuesday. Morceli clocked 7 minutes 25.11 seconds at the Monte Carlo Athletics meet, beating the pre»ious record by nearly 4 seconds. Reuter
      Reuter  -  41 words
    • Article
      Lock icon Captains Atherton, Wessels face personal tests
      369 9 Reuter LEEDS, England Mike Atherton is facing the sternest examination of his England captaincy in the second test while South African counterpart Kepler Wessels is confronting a battle to be fit. Atherton has a more complex task for the match starting at Headingley today
      Reuter  -  369 words
    • SPORT SHOTS
      • Article, Illustration
        Lock icon Baseball
        243 9 AP NEW YORK Major l>eague on Tuesday American: Boston 7 Toronto 8; Cleveland 9 Detroit 12; Kansas City 6 Oakland 4; Milwaukee I NY 7; Minnesota 0 Baltimore 10; Texas 2 Chicago 6; California 2 Seattle 10. National: Chicago 2 Florida 3 (in 10): SF 7 Cincinnati 9: Montreal
        AP  -  243 words
      • Article, Illustration
        Lock icon Equestrian Sports
        162 9 AP THE HAGUE British show jumping hopes got a boost on Tuesday when their riders placed first in two practice jumping competitions at the World Equestrian Games. In the first round of the day. GeofT Billington and his horse It's Otto topped the 63-horse field with a clear
        AP  -  162 words
      • Article, Illustration
        Lock icon Golf
        66 9 Reuter LONDON US Masters champion Jose Maria Olazabal and US Open winner Ernie Els head the 12-man field for the £600.000 (SSI.4 million) world match play championship at Wentworth on Oct 13-16. They will be joined by defending champion Corey Pavin. who beat Nick Faldo in last year's final.
        Reuter  -  66 words
      • Article, Illustration
        Lock icon Motor-racing
        95 9 AFP LONDON Nigel Manscll will not drive for Ferrari next season, said team boss Jean Todt, in response to English newspaper Today which predicted Mansell's return to the Italian constructors on Tuesday. "He will not drive for us." Todt said. "I think it is too late now. We already
        AFP  -  95 words
      • Article, Illustration
        Lock icon Rugby
        255 9 Reuter AP WELLINGTON Former All Black scrumhalf and flyhalf Jon Preston said yesterday he had declined an offer to work and play rugby union in Japan and would be staying in New Zealand. Preston said he had worked with his employers, the New Zealand Rugby Football Union and ra-
        Reuter; AP  -  255 words
      • Article, Illustration
        Lock icon Soccer
        88 9 AFP LONDON Top clubs in England and Scotland have joined forces to sell themselves to the world of business. The clubs Manchester United. Leeds, Liverpool, Newcastle, Blackburn, Chelsea, Norwich, Leicester, Sheffield Wednesday, Glasgow Rangers and Aberdeen have formed the Football Marketing Consortium. The aim is to persuade companies organising
        AFP  -  88 words
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      924 10 Nothing BeatsAßud. Brcffifl where to wine, dine «nd entertain OF FRESPfI .PASTA H>AI LY. r From Pasta Fresco. Ths only restaurant to mako Its own spocialty pasta. r#,h •voryday. Savour porfect pizza, groat tfokiH and torrtflc tiramitu. All toppod with Italian hospitality. Pacta FfMca Oa Mwlwt Ma IM 10 800
      924 words
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      Page 10 Advertisements Column 2
      432 10 Enomgli. Enouiglio tnouigko 'Enough is enough. 35 appetisers, 20 desserts p(us main courses. When our guests start on tfu appetiser spread at our monthly international lunch buffet, they never finish. In fact, they always endup conceding that theyve had more than enough. Come try it to believe. Inn for reservations,
      432 words
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  • LIFESTYLE
    • Article
      Lock icon Clinton's Nikes hot-foot it to shoe museum display
      299 11 CHATTERBOX AP AP AP AP US PRESIDENT Bill Clinton was a shoo-in. Or make that a shoe-in. A pair of Clinton's top-of-the-line Nike Air 180 running shoes size 13s, white with an orange swoosh were inducted on Monday into the Brockton Shoe
      AP  -  299 words
    • Article, Illustration
      Lock icon No laughing matter
      860 11  -  Hollywood's hottest new comedian talks to Bernard VVeinraub about his dreams and his success Bernard VVeinraub IHT JIM CARREY removes a cheque for USSIO million (Ssls million) from his wallet. It say: "For acting services rendered by Thanksgiving. 1995." It's a joke, of course. The star of
      IHT  -  860 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      92 11 r (11 July to 11 August '94) IlifflWGUlM*** Piping hot fragrant briyani rice beckons you to the Golden Landmark. Mouthwatering selections of savoury chicken, fish, mutton and vegetable curries, is yours for unlimited helpings. Appetizing condiments come with our compliments too. Cafe Available for lunch daily from 11.30 am to
      92 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1195 11 TV RADIO -1 SBC 5 a 35-ycar-old's body. t :::> sy a maTom are so he cs- itlife. capes to a jflfe 9p him. Hanks VF in 'tfai*M Swans: Jung Chang, Mr Bpm. SBC 12 41 This documentary complethe book author Jung Chang the the Fenomena, 10.30pm, SBC 8 Rahman
      1,195 words
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  • THE LAW PAGE
    • Article
      New definition of sexual harassment
      789 12  -  Just what test should be used in such cases? Ramesh Divyanathan reports Ramesh Divyanathan Uw TfOU'RE a woman, what do you JL- know," company president Charles Hardy allegedly said to a woman colleague regularly. And when she asked for a pay rise, he reportedly said:
      789 words
    • Article, Illustration
      Office problem can also affect business profitability, says study
      314 12 A US study of sexual harassment among America's top companies found another victim business profitability. A survey of Fortune 500 companies by USA Today found that sexual harassment costs employers US$6.7 million (S$ 10.1 million) a year because of increased absenteeism,
      314 words
    • Article, Illustration
      England's Chief Justice to inaugurate new lecture series
      234 12  -  By Ramesh Divyanathan A NEW LECTURE series organised by the Singapore Academy of Law will have as its first speaker, the Lord Chief Justice of England. The academy said in a statement yesterday that Lord Taylor, who holds the second highest office
      234 words
    • Article
      NUS admits first batch of 32 students for diploma in S'pore law
      436 12  -  AT THE BAR By Diana Oon THE National University of Singapore admitted its first batch of 32 students who have earned their law degrees overseas for the Diploma in Singapore Law which started on Monday. The nine-month course
      436 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      243 12 Why Wait to Update? HHHf v,. I m MMlM —ifl gj|l>»] j 111 Hf f if BP---« i» if, -y iil s HITACHI Technology, You can Bank On it! Queuing at the bank has always been one of life's headaches, queuing at the bank has never been productive, and now
      243 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Patently serious about their inventions
      1179 13  -  Jennifer Lien meets the first two recipients of a new grant scheme for local innovators Jennifer Lien SPURRED BY grants from the National Science and Technology Board, two local inventors are leaving their full-time occupations in order to concentrate on their innovations. Sales manager Gan
      1,179 words
    • Article, Illustration
      Breakthrough process to be launched at Singapore show
      830 13  -  By Diana Oon PHILIPS Electronics Manufacturing Technology has chosen a Singapore launching pad for a technological breakthrough in producing circuit boards for the electronic industry. The Company will introduce the new process, which it describes as "revolutionary", at the GlobalTronics Exhibition in
      830 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      54 13 I I-P onjy my boss would j Any job. any Career. Available Any Day. iF Any Time. Anywhere. 8 The Straits Times The Sunday times Business Times I —Err The New paper lianhe Zaobao Uanhc Wanbao J pg 1 SH.N MIN DAILY News BERITA HARIAN BERITA MINCGU VjD] G> I
      54 words
    • Advertisement
      Page 13 Advertisements Column 2
      334 13 Australia's Premier Ecotourism Resort 'Voted Best Resort Australia S P i l it bowtique resort located 185kmj north-east of Darwin abov* Kakodu National Park in the Northern Terrrtofy. The 24 accommodation units and facilities occupy 30 hectares (approx). The overall site area is 1002 hectares. Seven Spirit Bay Resort enjoys
      334 words
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  • Article
    S Pacific's environmental plight
    509 14 THE 25th South Pacific Forum which ended in Brisbane this week sounded an ominous warning that the small island nations faced a bleak future unless urgent steps were taken to conserve their dwindling resources. The islands are developing into something quite different from the paradise of
    509 words
  • Article
    Stop that squabble
    214 14 THE BREAKDOWN of the US-Japan trade framework talks, coming at a time when the world trade system is already under considerable strain, is regrettable. At the heart of the dispute is the American insistence on the use of numerical targets to reduce its US$59 billion deficit with
    214 words
  • Article
    Resolve conflict step-by-step
    198 14 THE LOOMING trade war between Japan and the US is a real threat to international trade. While the US, being the sole superpower, has reason to make Tokyo comply with its wishes, the whole episode will be viewed differently by the international community. What about the US
    198 words
  • Article
    Japan should open its markets
    149 14 UNDER the new Japanese government, political and trade policies remain unchanged. The US would violate free trade norms if it resorts to non-economic means such as the use of numerical targets to pry open certain markets. And if such means as numerical targets work, most
    149 words
  • Article
    Tough talk yields nothing
    149 14 CHINA and Japan have both come to suspect that Mickey Kantor's tough talk is just that talk and that the US lacks the muscle and the will to get into the position of risking a trade war. First, Washington backed off on Most Favoured Nation status
    149 words
  • Article
    Protect our marine resources
    186 14 IT COMES as something of a shock to learn that a recent survey done by the Indonesian Institute of Sciences (L1PI) found that no more than 7 per cent of Indonesia's coral reefs are still intact. About 36 per cent are in reasonably good condition. The
    186 words
  • Article
    A timely review needed
    132 14 SWEEPING AWAY the cobwebs of the civil service through the ingenious employment of the New Remuneration System is proving to be a painstaking effort as evidenced from the mounting disgruntlement about its implementation. What is sorely needed is not further impugnment but a review of the
    132 words
  • Article, Illustration
    Where money grows on trees
    1043 14  -  Neville Stack discusses the findings of a new British report on the enormous fraud taking place under the European Union's Common Agricultural Policy (CAP) Neville Stack The writer is a political commentator based in Ijyndon. He writes regularly for BT A SURREAL landscape of wine
    1,043 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      15 14 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY.„ ToadwerttMyour or Noticea, 1-800-741-1883 The Straits Ttases
      15 words
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      Page 14 Advertisements Column 2
      525 14 Jurong Shipyard Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of Jurong Shipyard Limited announce the following unaudited results of the Company and of the Group for the half year ended 30 June 1994: The Company The Qroup 1994 1993 1994 1993 $'000 $'000 Change $*000 $'000 Change
      525 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      39 14 1•; r r-vv.n /sorry I'm rnR BRISTOL... f\eouT I 6>OSV J SfFTlrtG Hfcße VfiSaWlirG... DOONESBURY GARRY TRUDEAU >ww<y/fwyT~n wmiaujMG 7*l iujqnt IMALU *jmHATT>*97ma MWHUHPBSmUCK! iwqkt. IKAUU, TH&HAPNTAtfTICI- 245 ImZ iOXSAiPfOf ZJ PfiTwmmNCJPLAP \f v imVA6A/*>rPcuncAL M fecu u»v* =r
      39 words
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  • ANALYSIS
    • Article, Illustration
      SDP and LDP: bedfellows of convenience
      1490 15  -  Political parties in Japan are having to tread carefully these days, in an atmosphere of popular disenchantment with opportunist power-grabbers. Anthony Rowley discusses what's keeping the ruling coalition together as well as a potential threat taking shape Anthony Rowley The writer is BT's Tokyo
      1,490 words
    • Article, Illustration
      Lock icon An end to terror,hate and war in Sri Lanka?
      915 15  -  With a parliamentary election in two weeks, James Manor sees hopeful signs that Sinhalese extremism may have lost its appeal James Manor The writer is director of the Institute of Commonwealth Studies at the University of London IHT FOR MORE than
      IHT  -  915 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      210 15 I toSt- 1 I BH I I Simply the best investment I I in Melbourne! I "Melbourne's properly market is expecteJ lo give the best investment yield in the whole of Australia a phenomenal 19% rise" BIS Sharpn#! Pty (trading Australian investment analysts) in 600 acres of prime land, Beiievue
      210 words
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  • Article
    Lock icon US leading indicators up 0.2pc in June, signalling slowdown in growth
    535 16 Reuter WASHINGTON The government's key forecasting gauge signalled a slowdown in economic growth even as a separate report yesterday showed the manufacturing sector roared ahead in June. The Commerce Department said its Index of Leading Indicators, which is supposed
    Reuter  -  535 words
  • Article
    Lock icon Dollar remains steady against yen
    194 16 Reuter NEW YORK The US dollar was mixed in sluggish midday trade and showed little reaction to reports of a 0.2 per cent rise in the United States government's June index of leading economic indicators and a 0.8 per cent gain in July factory orders.
    Reuter  -  194 words
  • Article
    Lock icon Economy sound but signs of slower activity emerging: Fed
    378 16 Reuter Bloomberg Business News WASHINGTON The Federal Reserve yesterday said that business remained solid in most areas of the nation, but that a few signs of slower activity were starting to emerge. It also reported higher prices for some commodities used
    Reuter; Bloomberg Business News  -  378 words
  • Article
    Lock icon Senate panel clears Gatt Bill but leaves out key provision
    486 16 NYT Washington Post WASHINGTON An influential US Senate panel has taken a step towards putting the new world trade pact into legal force, but it left out a provision that the Clinton administration needed to help negotiate future trade accords.
    NYT; Washington Post  -  486 words
  • Article
    Lock icon Japan seeks breakthrough in trade talks with US
    156 16 Reuter TOKYO Japanese Prime Minister Tomiichi Murayama said yesterday that Tokyo was seeking a breakthrough in its trade dispute with the United States, Kyodo news agency reported. Washington said on Sunday it was beginning sanctions proceedings after talks failed to resolve a
    Reuter  -  156 words
  • Article, Illustration
    Lock icon Dante's new inferno?
    77 16 AFP Washington dc The Dante II robot standing on the lip of Mt Spur, a volcano in Alaska, on July 29 in this photo released by Nasa on Tuesday. Dante II is controlled via satellite and Internet connections by a research team of representatives from Nasa, Carnegie
    AFP  -  77 words
  • Article
    Lock icon Russia enforces 60pc customs tax on foreigners' personal belongings
    287 16 AP MOSCOW In a bid to raise state revenues, Russia has begun enforcing a 60 per cent tax on the personal belongings of all foreigners, except diplomats, entering or leaving Russia, customs officials said yesterday. Under Russia's tax code, all non-diplomatic
    AP  -  287 words
  • Article, Illustration
    More to Clinton's economic policies than meets the eye
    905 16  -  The Bottom Line YEONG WAI CHEONG YEONG WAI CHEONG The writer is a principal of Kaufman. Diamond Yeong, a US-based economic and investment research firm. He contributed this commentary to BT THE WORLD knows that America's economic policy is in transition.
    905 words
  • Article, Illustration
    Lock icon Li Ka-shing's merchant bank to take 47pc stake in new insurer CEF Life
    440 16 Eastern Express HONGKONG Tycoon Li Ka-shing has finalised the structure of an international consortium which will storm the territory's fiercely competitive insurance business. Mr Li's merchant bank, CEF Holdings, will be the largest shareholder with a 47
    Eastern Express  -  440 words
  • Page 16 Advertisements
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  • COMPANIES & MARKETS
    • Article, Illustration
      First Engineering launches IPO to raise $6.2 m
      461 17  -  By Claire Leow SINGAPORE First Engineering yesterday launched its initial public offer of 10.8 million new 10-cent shares to raise $6.18 million. The offer is split into two tranches: 8.1 million shares at a fixed price of 57 cents each and 2.7
      461 words
    • Article
      Keppel Bank's interim net profit soars 71pc
      454 17  -  By Quak Hiang Whai SINGAPORE Keppel Bank yesterday announced that its six-month net earnings surged 71 per cent to $26.6 million from $15.6 million at the group level. The first of listed Singapore banks to release interim results this year, Keppel attributed the
      454 words
    • Article
      Does Keppel Corp qualify as a financial services group with big marine arm?
      694 17  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Some analysts have a clever argument for calling a buy on listed Keppel Corporation despite the general downturn in the marine sector. Their argument: Keppel is no longer a
      694 words
    • Article
      Jurong Shipyard suffers 12pc fall in interim earnings
      264 17  -  By Rahita Elias SINGAPORE Jurong Shipyard suffered a 12 per cent drop in half-time net earnings to $26.5 million, weighed down by the poor shiprepair market. This contrasts with analysts' expectations collated by the Estimate Directory, which showed that they had tipped
      264 words
    • Article
      GSI upbeat about medium-term outlook
      180 17 SINGAPORE General Securities Investments (GSI) remains positive of its mediumterm outlook. The closed-end fund of DBS Bank said this in connection with the release of its interim result yesterday. GSI said that the regional stock markets will perform better in the second half because of
      180 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        41 17 Firm Market Mood indicates the likely trading sentiment today, based on brokers polled at 5-6nm yesterday. Oxermght exents may alter sentiment. Brokers polled Alliance. Fraser. Kay Hian. OngC'o. Nomura. Smith New Court, iat Lee. W'/ Carr and SO Warburg
        41 words
      • Article, Illustration
        HOT STOCK
        146 17  -  By Paul Leo United Overseas Land failed to break above resistance at $2.32 yesterday despite heavy trading 3.17 million shares changed hands compared to the 10-day average of 1.01 million units. Instead it ended four cents lower at $2.27 yesterday and will decline further in the short term.
        146 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Heshe grants option to sell shop
          112 18 SINGAPORE Sesdaq-listed Heshe Holdings has granted an option to sell its 614-sq ft shop unit at Peninsula Plaza to WE-XL Pte Ltd for $2.33 million. The shop is now occupied by Heshe subsidiary Lea Fashion. Heshe will make an extraordinary gain of about $1
          112 words
        • Article
          Informatics an IBM-authorised centre
          47 18 SINGAPORE Informatics Computer School has been appointed the first IBM-authorised education centre for IBM's computer operating system OS/2. Informatics is also the authorised training centre for Sun Microsystems, Autodesk, Borland, Computer Associates, COREL, Lotus and Creative Technology's Views Chinese word processor, among others.
          47 words
        • Article
          Lock icon Mycom buys 2 property firms
          108 18 Bernama KUALA LUMPUR Gaming and property firm Mycom Bhd has proposed to buy two property development companies for M 541.12 million (5523.8 million). Mycom yesterday said it had proposed to buy a 100 per cent stake in Sentul Murni Sdn Bhd for MS3S million. Sentul
          Bernama  -  108 words
        • Article
          Lock icon HL Prop in US$250m casino deal
          93 18 Reuter KUALA LUMPUR Malaysia's Hong Leong Properties Bhd will jointly develop a US$25O million (***** million) hotel-casi-no resort in the Philippines with an associate of the Hongkong Guoco Group Ltd and an unidentified party. Hong Leong Properties yesterday said it will have a 40
          Reuter  -  93 words
        • Article
          Lock icon UMW's chairman quits
          68 18 MBT KUALA LUMPUR UMW Holdings Bhd, a conglomerate which assembles Toyota cars in Malaysia, yesterday said Zakaria Mohamad Ali has resigned as group chairman effective Aug 1. He was replaced by Rahmat Jamari, who has been a board member since 1990. Through its subsidiary UMW Corp Sdn
          MBT  -  68 words
        • Article
          Lock icon An alternative to PLDT planned
          90 18 Reuter MANILA At least four Philippine phone firms plan to join forces to build a telecommunications network to serve as an alternative to Philippine Long Distance Telephone Co's (PLDT) existing network. Industry sources yesterday said Globe Telecom, ICC Telecoms, Philippine Global Communications Inc and Philippine
          Reuter  -  90 words
        • Article
          Lock icon Astra subsidiary gets US$100m loan
          59 18 AFP JAKARTA Pr Federal Motor, a subsidiary of the second biggest firm in the country, PT Astra international, has secured a US$lOO million (S$ 151 million) syndicated loan from 23 offshore banks. Aminudin, senior general manager of PT Astra International, yesterday said the loan, signed
          AFP  -  59 words
      • Article
        Service apartments forecast to make up 70pc of Scotts' income
        399 18  -  From Loh Hui Yin in BANGKOK SCOTTS Holdings expects its chain of service apartments to contribute about 70 per cent of its income next year, up from the current 50 per cent. The higher percentage will come when its apartments
        399 words
      • Article
        Ssangyong takes 65pc stake in China polymer venture
        161 18 SINGAPORE Ssangyong Cement has formed a joint venture in Shanghai to make and market polymer composites in China. The Singapore company took a 65 per cent stake in Shanghai Ssangyong Fudan Polymer Composite Materials Co for 3.9 million renminbi (*****,000). Its partners
        161 words
      • Article
        Lock icon Thai brokerages can open overseas offices
        186 18 KnightRidder BANGKOK Thailand's Securities and Exchange Commission has decided to allow local brokerages to open overseas offices, the SEC spokesman said yesterday. The offices can market the firms' services and do research, but will not be allowed to participate in foreign securities trading, Mr
        Knight- Ridder  -  186 words
      • Article
        Kelanamas to pay M$258m for brokerage, plywood firms
        475 18  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIAN tycoon Samsuddin Abu Hassan's Kelanamas Industries is buying stockbroker Alor Star Securities and Sabah plywood firm Veracity Corp for MS2SB million (SSISO million). Kelanamas will pay cash and issue new shares pegged at M
        475 words
      • Article
        Untitled
        553 18 Mmuc«ti- prices Aug 4 Mcndak. Gr Fund I II I.2IA •>—a US Gr Fund 100 I 04** I iWl rhc (ommcrcc 1.65 1.75 UmB IflVCSt Mgt Ltd The Satiifs Fund 1.57 1.66 Unifund 1.49 1.55 S'pocc Prof Fund 0.70 0.74 Unibond-f 1.035 1.060 S pore See Fund 102 I 08*d
        553 words
      • Article, Illustration
        Aokam cements ties with Idris by selling stake in plywood unit for only M$70m
        518 18  -  From Ho Kay Tat in KUALA LUMPUR TIMBER giant Aokam Perdana Bhd cemented its ties with logs supplier Idris Hydraulic (M) Bhd yesterday by selling a 30 per cent stake in a lucrative plywood subsidiary for
        518 words
      • Article
        Lock icon Diversified Resources in two Philippine car assembly ventures
        285 18 Bernama KUALA LUMPUR Diversified Resources Bhd (DRB) has entered into two car assembly joint ventures in the Philippines. Automotive Corporation Philippines (ACP), a joint venture between DRB and the Philippines' Auto Group, has been set up to assemble vehicles and manufacture vehicle
        Bernama  -  285 words
      • Article
        Sing Land clinches Tampines site with $46m bid
        213 18 SINGAPORE Listed Singapore Land has won the tender for a Housing Development Board (HDB) land parcel at the Tampines Regional Centre with a bid of $45.84 million ($8,177 psm). The company said yesterday the tender was clinched by its wholly-owned subsidiary, Shenton
        213 words
      • Article
        Untitled
        543 18 Payment Ex Books Pay date close date Alex Hides SO* b 6 Sep 6 Sep 12 Sep 22 Amcol 25* F 20 Jul 26 Aug I Aug 23 Asia Pac Ld b 2TE Aug 10 Aug 24 Sep 23 Avimo 20* I 6.25TE Sep 19 Sep 23 Oct 18 Bolton
        543 words
      • Article
        MUI ups PMCW stake to 44pc with open-market buy
        451 18  -  From Ho Kay Tat in KUALA LUMPUR MALAYAN United Industries Bhd (MUI), already obliged to make a general offer for Pan Malayan Cement Works Bhd (PMCW) after buying a 35 per cent stake in it on Monday, has purchased another 12.28
        451 words
      • Article
        Lock icon 468 default on share payments to KL brokers in first five months
        398 18 Bernama KUALA LUMPUR The downturn in the Kuala Lumpur Stock Exchange in the first half of this year, from last fear's super rally, has hit the pockets of brokers hard, particularly those big on contra deals. A total
        Bernama  -  398 words
      • Article, Illustration
        All Nippon Airways expects to post bigger losses this year
        485 19  -  By Juliette Walker SINGAPORE Japan's All Nippon Airways (ANA) is flying through its roughest year ever and expects to sink deeper into the red this fiscal year. "1994 will be the most difficult year in our histoid," Koji Yamashita, ANA's
        485 words
      • Article
        Lock icon Taipei securities chief tries to cool off market
        203 19 Bloomberg Business News TAIPEI In what seems to be a shift in policy, Taiwan's chief securities regulator yesterday tried to cool off the country's red-hot stock market. Securities and Exchange Commission chairman Linin Day told a meeting of top officials of the
        Bloomberg Business News  -  203 words
      • Article, Illustration
        Lock icon BSkyB managing director of Sun fame quits over personality clash
        328 19 Bloomberg Business News SYDNEY The controversial managing director of News Corp's satellite television group British Sky Broadcasting, former tabloid editor Kelvin MacKenzie, has resigned, citing a personality clash. Mr MacKenzie, known for his brash style as editor of Britain's biggest-selling
        Bloomberg Business News  -  328 words
      • Article
        Lock icon HK firm gets Reebok threat over workers' conditions
        199 19 Bloomberg Business News HONGKONG Athletic and casual footwear company Reebok International said it will cease doing business with Hongkong shoe manufacturer Yuen Industrial (Holdings) unless the living conditions for workers making Reebok shoes in southern China are improved, the Asian Wall Street
        Bloomberg Business News  -  199 words
      • Article
        Lock icon HK property firm's profit up 11 times
        397 19 HKR's results include gain from sale of Discovery Bay project Bloomberg Business News HONGKONG Hongkong real estate company HKR International yesterday said its net profit jumped 11 times to HK53.439 billion (SS67O million) in the year ended March 31, from HK5295.7 million a
        Bloomberg Business News  -  397 words
      • Article
        Lock icon Top Nikko Sec exec accused of insider trading
        340 19 Eastern Express HONGKONG Don Lau, the managing director (corporate finance) of Nikko Securities, has been accused of using insider information to profit from trading in Public International Investments shares. Sources yesterday said the Insider Dealing Tribunal will hold a preliminary hearing into
        Eastern Express  -  340 words
      • Article
        Lock icon HK fund managers back ban on cash rebates by brokers
        158 19 Reuter HONGKONG A majority of fund managers said they would support a Securities and Futures Commission (SFC) recommendation to ban cash rebates from brokers, according to results of a poll conducted by the Hongkong Investment Funds Association. The association, which
        Reuter  -  158 words
      • Article
        HK Macau's Chinese partner files writ against chairman
        571 19 HONGKONG The mainland partner who joined Hongkong Macau (Holdings) in one of 1992's most profitable property deals has filed a writ against its chairman and a company controlled by him, claiming almost HKSSOO million (5597.5 million), says a report in the South
        571 words
      • Article
        Lock icon China steel firm Shougang may revamp HK-listed units
        181 19 Bloomberg Business News HONGKONG China's state-owned steel giant Shougang Corp is considering a restructuring of its listed companies in Hongkong. In statements to the Hongkong stock exchange on Tuesday, Shougang Concord International Enterprises and Shougang Concord Grand (Group) said they and their
        Bloomberg Business News  -  181 words
      • Article
        Lock icon Drug giant American Home makes US$8.5b bid for rival Cyanamid
        451 20 Los Angeles Times WASHINGTON In a merger that would ereate one of the world's largest pharmaceutical firms, American Home Products Corp, maker of Anacin and Advil pain relievers and other health products, on Tuesday made a surprise USSB.S billion (5512.8
        Los Angeles Times  -  451 words
      • Article, Illustration
        Lock icon A weekly with a heart
        72 20 AFP LONDON The Big Issue, a weekly paper started and run by an ex-shoplifter and sold exclusively by the homeless, has become the fastest growing paper in Britain's huge media market. Michael Moffat, a 52-year-old former engineer who has hit hard times, says The Big
        AFP  -  72 words
      • Article
        Lock icon Wal-Mart dislodges Sears Roebuck as world's top store
        384 20 AP NEW YORK Wal-Mart Stores Inc eclipsed Scars Roebuck and Co as the world's top shop last year, Fortune magazine says in its annual look at the 500 largest service companies around the globe. The expansion-minded retail chain also was one of
        AP  -  384 words
      • Article
        Lock icon Drug firm ICN plans merger with affiliated companies
        381 20 Reuter LOS ANGELES ICN Pharmaceuticals Inc said on Tuesday that it will restructure in a merger with its three affiliated companies, creating one of the United States 1 top SO drug companies. The new company, ICN Pharmaceuticals Inc, will continue the pharmaceuticals
        Reuter  -  381 words
      • COMPANY BRIEFS
        • Article
          Lock icon End of Pampers sales in 2 markets
          112 20 AP CINCINNATI Procter and Gamble Co will stop selling Pampers disposable diapers in Australia and New Zealand by the end of the year because of sluggish sales. The consumer products company will halt Pampers sales in the two countries when current inventories are
          AP  -  112 words
        • Article
          Lock icon Taipei firm to sell shares overseas
          77 20 Bloomberg Business News TAIPEI First International Computer Inc, one of Taiwan's largest makers of computer products, has received permission to raise US$65 million (SS97.S million) through an overseas stock sale, the Securities and Exchange Commission said yesterday. The shares will be offered as global
          Bloomberg Business News  -  77 words
        • Article
          Lock icon Asahi's Indon tie-up to double output
          85 20 AFP TOKYO Japan's Asahi Glass Co Ltd said yesterday its joint venture producing polyvinyl chloride in Indonesia would invest four billion yen (SS6O million) to nearly double its output. PT Asahimas Subentra Chemical, owned by Asahi Glass and PPG Industries of the US, is
          AFP  -  85 words
        • Article
          Lock icon Qingling stock oversubscribed 20 times
          78 20 Reuter HONGKONG The Hongkong portion of Chinese truck maker Qingling Motors Co Ltd's H share issue has been oversubscribed 20 times, said a source close to the deal yesterday. The subscription rate may be revised later to account for rejected applications, said the source. Subscription
          Reuter  -  78 words
        • Article
          Lock icon Toshiba to boost phone sales in US
          61 20 Reuter TOKYO Toshiba Corp aims to increase its US sales by 20 per cent by introducing its own brand-name phones, a spokesman said yesterday. He said US sales were expected to rise to 600,000 units for the year to March 1995. In 1993/94
          Reuter  -  61 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Mahathir tells insurance industry to raise its game
        389 21 MBT KUALA LUMPUR The insurance industry must undergo structural changes especially in cost management to improve, says Prime Minister Mahathir Mohamad. He also stressed the need for all parties in the industry insurance companies, associations and agencies to work together and put
        MBT  -  389 words
      • Article
        UOB opens 2 Invest Shops to provide personal service
        253 21  -  By Markos Tando SINGAPORE United Overseas Bank yesterday opened two Invest Shops one at its Parkway Parade branch and the other at its subsidiary Chung Khiaw Bank's Orchard Road branch. UOB says the shops provide personal service and a range of
        253 words
      • Article
        Lock icon World Bank rejects US$750m power loans for Indian states
        267 21 FT NEW DELHI The World Bank has turned down applications for power loans worth US$75O million (SS 1.13 billion) for projects in some Indian states because of mismanagement in their government electricity boards. The bank's loans to central government power projects
        FT  -  267 words
      • Article
        Lock icon Bank Islam Sec to open in 2 weeks
        81 21 Bloomberg Business News KUALA LUMPUR Bank Islam Securities Bhd, a subsidiary of Bank Islam, will begin operations in two weeks with a focus on fund managers from Asian and Islamic countries, the Malaysian Business Times said. The company will offer services based
        Bloomberg Business News  -  81 words
      • Article
        Lock icon Indian Oil plans US$300m Euroissue
        93 21 Reuter BOMBAY Indian Oil Corporation Ltd, India's largest staterun petroleum refiner, said it plans to float a US$3OO million (***** million) Euro stock issue early next year, the Financial Express newspaper reported. It quoted Indian Oil chairman B K Bakshi as saying the issue was
        Reuter  -  93 words
      • Article
        Lock icon Taiwan's Cathay Life profit up 93pc
        95 21 Bloomberg Business News TAIPEI Cathay Life Insurance Co, Taiwan's largest life insurer, said pre-tax profit rose 93 per cent in the first half of 1994 to NT$7.2 billion (Ss4o2 million). This works out to NT53.29 per share, the United Evening News reported. Cathay's revenue
        Bloomberg Business News  -  95 words
      • Article
        Lock icon Astra's bank unit's profit up 131 pc
        88 21 AFP JAKARTA Astra International subsidiary Bank Universal said on Tuesday interim net profit rose 131.63 per cent on a year earlier to 2.592 billion rupiah (S$ 1.8 million) in the six months to June. Bank spokesman Nugraha said pre-tax profit during the period
        AFP  -  88 words
      • Article
        Lock icon Canadian banks lower prime rate
        58 21 AFP OTTAWA Two major Canadian banks announced on Tuesday they would be cutting their prime rate by a quarter of a percentage point, to 7.25 per cent, effective yesterday. The action, by the Bank of Montreal and the Royal Bank of Canada, was expected to
        AFP  -  58 words
      • Article
        Lock icon Japanese banks to unveil new housing loan rates soon
        187 21 Reuter TOKYO Japanese banks will soon unveil new housing loans whose interest is based on short-term prime lending rates. Banking sources yesterday said banks were now permitted to offer floating-rate housing loans whose interest is based on the short-term prime rates
        Reuter  -  187 words
      • Article, Illustration
        Lock icon Yugoslavia gets new 20 dinar note
        43 21 AFP BELGRADE The new Yugoslav 20 dinar banknote was released on Tuesday by the National Bank in Belgrade. I bis is the first issue of a new banknote since the introduction of anti-inflationary measures in April. AFP
        AFP  -  43 words
      • Article
        Korean bank taps US$30m from world capital markets
        159 21 SINGAPORE Korea International Merehant Bank (KIMB) has tapped US$3O million (5545.3 million) from the eapital markets in Singapore. Asia and Lurope through the issue of floating rate certificates of deposit. The five-year certificates bear a coupon rate 0.4 of a percentage point
        159 words
      • Article
        Lock icon Bank of Bermuda to buy StanChart units
        128 21 Bloomberg Business News HONGKONG Bank of Bermuda is buying Standard Chartered pic's private trust business in Hongkong. Jersey, the Cook Islands. Western Samoa and New Zealand for an undisclosed sum. The acquisition will make Bank of Bermuda the largest trust bank in Asia,
        Bloomberg Business News  -  128 words
      • Article
        Lock icon American General offers US$2.6b in cash for Unitrin
        468 22 NYT DALLAS American General Corp, one of the nation's largest providers of retirement annuities, consumer loans and life insurance, on Tuesday said it was offering US$2.6 billion (553.9 billion) in cash to acquire Unitrin Inc, a financial services holding company. Unitrin executives
        NYT  -  468 words
      • Article
        Lock icon China set to make large sugar purchases, say Asian traders
        374 22 Reuter HONGKONG Asia's trading houses are poised for a surge this year in sugar purchases by China. Brokers in Hongkong yesterday said government attempts to control sugar prices had seen stocks reduced by up to 300,000 tonnes. While commodity stocks
        Reuter  -  374 words
      • Article
        Lock icon Yen prospects prompting non-swap-driven schemes
        365 22 Knight-Rid-der TOKYO As the yen seems to have run out of steam against the US dollar, Japanese underwriters are now seen marketing to non-residents funding proposals that are not dictated by yen swap rates. Because most non-Japanese issuers have no yen-denomi-nated cash outflows, they normally
        Knight-Ridder  -  365 words
      • Article, Illustration
        Lock icon Copper prices plummet on fears of slower demand and rising stocks
        296 22 Reuter LONDON Copper prices slumped to the lowest levels for six weeks on Tuesday, as speculators sold on signs of a slowdown in copper demand, traders and analysts said on Tuesday. Although the market staged a partial rally on
        Reuter  -  296 words
      • Article
        Lock icon Weather, stock worries boost coffee prices
        473 22 Reuter LONDON Dry weather in central America, cold weather forecast for Brazil and concern over stocks sent coffee prices boiling over again on Tuesday. On the London Futures Exchange, coffee for November delivery leapt US$l47 (*****.50) to U553,640, before closing US$B2 higher at U553,575
        Reuter  -  473 words
      • Article
        Lock icon Good weather expected to boost Kenya's wheat output
        187 22 Reuter BUNGOMA Favourable weather in Kenya's main cereal areas will boost wheat output in the 1994/95 year, farmers said on Tuesday. Government economists have also forecast that Kenya's wheat yield will rise to 200,000 tonnes in 1994/95 from 150,000 tonnes the year
        Reuter  -  187 words
      • Article
        Crude futures rise as Nigerian strike widens
        173 22 Bloomberg ENERGY REPORT NEW YORK Crude futures on the New York Mercantile Exchange rebounded as Nigeria's largest labour group joined a month-old strike by oil workers. In joining the oil workers' strike, the Nigerian Labour Congress, which represents about 3.5 million workers, broadens
        173 words
      • Article, Illustration
        Lock icon Banque Indosuez: REGIONAL CURRENCY REPORT
        130 22 THE Singapore dollar was confined yesterday in a narrow 10 point band in another day or quiet trade. Good resistance is now seen at LSI. The Malaysian ringgit was stronger against the US dollar. After some early profit taking in the morning, fresh sellers of
        Charts by Dow Jones Telerate  -  130 words
      • Article
        Lock icon London
        173 22 Reuter LONDON Another mainly uneventful rangebound day for the dollar in Europe served to heighten the market's appetite for the US July employment report tomorrow. "The dollar's direction in the near term is cleady going to be influenced by the report," said an economist. "But the Fed's Beige Book
        Reuter  -  173 words
      • Article
        Lock icon New York
        96 22 AFP NEW YORK The dollar was mixed in quiet early trading yesterday ahead of tomorrow s unemployment figures. Gold was 90 US cents up on its Tuesday close at U*****.50 an ounce. Shortly after trading opened, the dollar was at 1.5836 marks against 1.5831 at Wednesday's close and
        AFP  -  96 words
      • Article, Illustration
        Untitled
        1519 22 Iradr-unfiHnl index iukiihlnJ uxuitfj S'fanr'i hip 14 trutliHg panner\ Hum- mr 19*! US$/S$ I—< rates Noon Aug 3 s$ BU Offer 1-month 1.30)2 1.3067 2-month 1.3041 1.3036 3-month 1.30)1 1 3046 6-month I.49M I 3008 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9aa m tag 3 Singapore dollars to
        1,519 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, JGBs end lower in choppy trade
        1287 23 Reuter SINGAPORE Simex Euroyen and Japanese government bonds (JGB) futures ended weaker in active, choppy trade while Eurodollars ended easier in quiet trading. Dealers said US and Japanese funds sold off Euroyen in the morning following the sharply weaker yen against the dollar
        Reuter  -  1,287 words
      • Article
        Gold down HK$44 in Hongkong
        666 23 COMMODITY REPORTS Gold HONGKONG: Gold extended New York's sharp overnight falls on Japanese and Australian selling, dealers said. Bullion ended at U*****.30/80, down from New York's U*****.70/379.20 close and the local opening of U*****.00/50. Local gold ended HKS44 lower at HK53,494 a tael. Tokyo: Yen-denominated
        666 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          US demand for Australian beef up
          67 23 SYDNEY US demand for imported beef has picked up slightly in the past couple of days, while opportunities into Japan remain depressed, Australian exporters said yesterday. Prices for 90 per cent chemical lean beef were quoted at USSI.OS (551.58) per pound, CIF, while 85
          67 words
        • Article
          Japan expects bumper rice crop
          70 23 TOKYO An earlier-than-expected delivery of early-harvested Japanese rice sent wholesale rice prices sharply lower in a government-sanctioned auction yesterday, the Kyodo news service quoted market officials as saying. Prospects of a bumper harvest this year also put a damper on prices. The popular Koshihikari brand
          70 words
        • Article
          China short on copper, aluminium
          95 23 HONGKONG China has a shortage of copper and aluminium, according to the Ministry of Domestic Trade, while the official Xinhua News Agency says raw material supplies remain "excessive". Xinhua said there was a 6.3 per cent increase in supplies of 16 major raw materials. Despite
          95 words
        • Article
          Australian commodity prices fall
          93 23 SYDNEY Australian export commodity prices in July fell 1.0 per cent on the month, measured against a basket of world currencies, the Reserve Bank of Australia said yesterday. Preliminary estimates for July show falls in the prices of wheat, gold and cotton were partly offset by
          93 words
    • Article
      COMMODITY PRICES
      1388 23 Rubber Singapore Commodity Exchaago (future* doting at at 5.3tpn) RSS I Contract (S cents/kg) Close Volume Open Month High Low Sell (tonnes) Interest Sep 94 I I 192.00 850 2450 Oct 174.00 167.50 179.50 375 4375 Nov 174.00 167.50 173.75 1225 4450 Dec 174.00 167.50 172.75 375 4775
      1,388 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1043 24 -14.6 A SLUMP in the price of bullion and a weak banking sector drove shares to a lower close yesterday, ending a three-day rally on the bourse. The All Ordinaries Index finished at 2,072.3 points, down 14.6. The All Industrials Index fell 17.8 to 3,039.2 while the All Resources
        1,043 words
      • Article
        Manila
        642 24 17.75 Philippine stocks rose yesterday as reports of positive corporate earnings boosted bargain hunting among investors. The PSE Composite Index rose 17.75 points to close at 2,884.28. Turnover was 971.73 million shares valued at 1.71 billion pesos. An analyst said "better than expected corporate earnings" in the first half
        642 words
      • Article
        Taipei
        581 24 -156.00 The Taiwan bourse yesterday dived on institutional selling, with paper, plastics and chemical shares hit hardest. Wiping out the previous session's 40.54-point rise, the Weighted Price Index plunged 156 points, or 2.26 per cent, to settle at 6,723.56. Turnover dropped to 2.47 billion shares valued at NTS 129.7
        581 words
      • Article
        Seoul
        465 24 •4.08 Share prices fell for the second consecutive day as the government tightened money suppply to fight inflation, dealers said. The Composite Price Index lost 4.08 points to close at 923.47 points. Volume remained thin with 180 million shares worth 400 billion won changing hands. Falls outnumbered rises 499
        465 words
      • Article
        New Zealand
        325 24 -1-7.52 The market closed slightly ahead after retreating from an early 20-point push ahead in a market still dominated by demand for leading shares. The NZSE4O Capital Index closed up 7.52 points at 2.082.80 on volume of NZS43.B million. Most of the action was in the first 15
        325 words
      • Article
        Bombay
        79 24 -33.27 Share prices ended slightly down, though above the day's lowest levels, triggered by political uncertainty following reports that the Finance Minister had threatened to resign. The BSE 30-Share Index closed at a provisional 4.279.66, down 33.27 points. The 100Share National Index closed 5.19 lower at 2,026.51. Indian newspapers
        79 words
    • WORLD STOCK MARKETS
      • Article
        London
        659 24 +2.9 Leading shares consolidated Tuesday's startling gains and ended the session little moved but second liners pushed further ahead. "It's a very different day from yesterday. We haven't seen money pouring in. It's like the market's pausing for breath," one dealer said. The FTSE 100 Index ended up 2.9
        659 words
      • Article
        Paris
        142 24 -2.16 French stocks closed little changed after reports showing controlled US economic growth dispelled concern about higher US interest rates. "We had a nice try but it just ran out of steam at the end," said a trader. The CAC 40 Index shed 2.16 points to close at 2,115.07.
        142 words
      • Article
        Frankfurt
        218 24 -2.80 German stocks were little changed as a rally in shares of Daimler Benz, on the back of optimism about the strength of the German economy's recovery, fizzled out in late trading. Yet Daimler shares were still ahead at 831.40 marks, up 11.50. "There's a lot of investors looking
        218 words
      • Article
        Brussels
        194 24 -0.92 Belgian stocks closed little changed after rising to their jhighest level for seven months on Tuesday as investors waited for earnings from Belgium's biggest industrial company, Petrofina. The Bel-20 Index dropped 0.92 of a point to ,1479.67, ending four days of steady climbing. The higher-than-expec-red 31 cent increase
        194 words
      • Article
        Milan
        153 24 -110 Italian stocks ended lower after rising four straight sessions as investors took cash out of the equity market in the belief that Prime Minister Silvio Berlusconi's political problems haven't gone away, traders said. The Mibtel Index fell 110 points to 1,1352. Prices had opened higher after Berlusconi won
        153 words
      • Article
        Stockholm
        168 24 -1.71 Sweden's benchmark index closed mixed as gains in drug company Astra were offset by declining shares in Volvo and Ericsson. The OMX Index of 30 leading stocks slid 1.71 points to close at 1,164.74. Fourteen stocks rose, thirteen declined and three were unchanged. Astra was the biggest gainer
        168 words
      • Article
        New York
        660 24 -12.63 The Dow Jones Industrial Average was down 12.63 points to 3,783.60 at 11am EDT. The New York Stock Exchange Composite Index was ahead 0.18 to 254.33, while Standard Poors 500-stock Index was up 0.19 to 460.75. Advances overtook declines 857-831 among the 2.469 issues crossing the NYSE
        660 words
      • Article
        Toronto
        287 24 •4.51 Stocks traded mixed in early action as the market assimilated Tuesday's gains and looked towards tomorrow's US jobless data. "We're just drifting here. Nobody cares, because people are all on holiday," one trader said. "We'll move sideways to down. It looks like we've had our 'oomph' for a
        287 words
      • Article
        Amsterdam
        266 24 1.64 Dutch stocks staged a rise for the fifth day in a row, ending near the high for the day, amid optimism over economic recovery and corporate earnings. Heineken led the market higher with a gain of 2.01 per cent to 238.5 guilders. Analysts said the continued warm weather
        266 words
      • Article
        Zurich
        236 24 -9.0 Swiss stocks closed lower following three straight gains as US economic reports renewed concern about higher interest rates. The SMI Index closed down 9.0 points at 2,620.7. The SPI Index closed down 0.68 at 1,733.68. "US economic figures put pressure on the bond markets and raised fears of
        236 words
      • Article
        Johannesburg
        277 24 +8 South African shares ended mixed yesterday on weaker gold price and bargain hunting for hard-to-find stock, but dealers said the market was "remarkably strong". The Overall Index ended 12 points up at 5,696, the Industrial Index was eight up at 6,444 and the Gold Index 16 off at
        277 words
      • Article
        Untitled
        672 24 Britannia Funds Sterling Cash Bid Offer Mim Cap tVpuMi 38 6400 38 6V» Mim Jcnet Gilt .0.1843 O lW Mini Ma» Income ****** *0 4500 L SS Cask Income Plu» Fund *4 6000 ******0 PS Reserve Fund 5 2400 5 MOO Stertin* Kquif) Euro Performance .0.4542 O WJI Far Ea4
        672 words
    • Article, Illustration
      Lock icon HONGKONG
      2842 25 Bloomberg Business News HONGKONG Shares ended lower yesterday, after a nine-day advance, on concerns that housing prices may continue falling and the Federal Reserve may boost rates in the next two weeks. The Hang Seng Index ended 109.14 points lower at 9,585.89. The broad All Ordinaries Index dropped 45.56
      Bloomberg Business News; Source: Bridge Info  -  2,842 words
    • Article, Illustration
      Lock icon CHINA
      504 25 CLSA CHINA A shares yesterday bounced up 22.4 per cent in Shanghai and 16.2 per cent in Shenzhen on turnover of 4.5 billion renminbi and 2.0 billion renminbi respectively. Turnover in the Shanghai B market stayed firm at US$5.2 million and the index edged up 3.97 points to 824.29.
      CLSA  -  504 words
    • Article, Illustration
      Lock icon TOKYO
      2531 25 Reuter TOKYO Stocks closed mixed in directionless trade, with the Nikkei Average trapped in a narrow 137-point range all day. Investors welcomed the dollar's recovery to the 100 yen level, but most remained quiet on fears of a possible yen rebound, brokers said. "Some say this year's unusually hot
      Reuter; Source: Bridge Info  -  2,531 words
    • Article, Illustration
      Lock icon BANGKOK
      1658 25 Reuter BANGKOK Thai stocks closed the day higher on institutional buying of finance and property development counters, brokers said. The SET Index closed 7.56 points higher at 1,407.28 on 11.36 billion baht turnover. "Overall sentiment is still good, but investors are not actively chasing up the prices," said a
      Reuter; Source: Bridge Info  -  1,658 words
    • Article, Illustration
      Lock icon JAKARTA
      1143 25 Reuter JAKARTA Share priccs closed higher despite some local profit-taking at the end of the first session, brokers said. "Local players held back after seeing firmer overseas support in a broader market. But they may try again tomorrow,*' one local broker said. Another broker said the rebound in the
      Reuter; Source: Bridge Info  -  1,143 words
    • Article
      CLOB INTERNATIONAL
      2286 26 Tan Cheng 50c I6.4S2.000 .-Mctraoia 50c 1.117,000 Mm H)d 50c 5.691.000 CASH JOe 3.203.000 Hromct 4.771.000 HLcona Prop 50c. 4,110.000 "Mctropicx TSR 3.675.000 Lien Hoe TSR97 3.234.000 MukhPunmc 3.063,000 Mulptu (all 50c 2,965,000 M Resources 2 858.000 MBf Capital 2.823.000 Salens Res 2.724.000 Tan Clung 50c J2.2I9.300 CASH
      2,286 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Investors switch focus to smaller-cap stocks
        5590 26 Bloomberg Business News KUALA LUMPUR Stocks rose to a five-month high as investors moved away from the major companies whose stocks have driven the market up for nine days and focused on bidding up small companies. "Yesterday, there was the play on the blue
        Bloomberg Business News; Source: Bridge Info  -  5,590 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7673 27 EWWXWP Cr Cf M Wi 1994 Last Val Da) last Qwk Di. Di. \k >rt Cm A>t High Low Coa«M) Salt CON) High Lo- B.,rr Seller Cw fit Vmil Price INDUSTRIAL AND COMMERCIAL 1440 (33 #15 Acma 960 unch 57 960 955 955 960 17.5 2.1 I S 15.) 661
        7,673 words
      • Article, Illustration
        Lock icon M'sian stocks dominate as buyers turn to speculatives
        1807 28  -  By Quak Hiang Whai SINGAPORE Share prices ended slightly higher on late buying with activity dominated by Malaysian counters. After two straight gains, traders turned cautious and took profit on banking, shipyard and property stocks. Attention switched to speculative counters and companies
        Charts by Bridge Info; Source: Bloomberg  -  1,807 words
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      231 17 NEWS VALUE How today 's news might affect your stocks Two key executives quit HBM Print (pg l) a real blow to shareholders. Share price at year's low, may fall further as those who left arc key to HBM. Orchard Parade, Wing Tai pay $218 m for Tien Wah site
      231 words
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      12 19 ANA to use Kansai Airport to expand network, Shipping Times Pg 20'
      12 words
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      Page 19 Advertisements Column 2
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      167 words
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      711 20 FW Keppel Bank bXfl of Singapore Limited (Incorporated in the Republic of Singapore) The Board of Directors of Keppel Bank of Singapore Limited is pleased to announce the following:GROUP BANK Incr/ Incr/ 1994 1993 (Deer) 1994 1993 (Deer) Ss'ooo Ss'ooo SS'OOO Ss'ooo Interest income 155,947 94,560 64.9 117,655 65,489 79.7
      711 words
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      232 21 Limited Period Only Cwi!? From only $2,100 mmmmmmmmmmmmmmmmmtmrnarnm. If you are looking for a business add-on boards, drives and monitors. 4 Drive-bays, 3 ISA slots performance computer at a price you This means your current investment in DOS, Windows and mouse are at home with, there are good monitors and
      232 words
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      Page 23 Advertisements Column 1
      325 23 THE COMPAMES ACT, CHAPTER SO SECTION 290(2)<B) nones op iwoumoi MMWWHWm VOUJWMRYUQUnATION) At an Exbaordnary General Meeting of BrMah Fqirflatrtr Company Private Undad held at 91, Anson Road NMO, Anaon Centre, Singaporeo2o7 on tw 2Mh day of July 1884. twtotowingapeddraealuttona mn duly pflSMdt RESOLVED: 1. ThdtwCompanybewound up voluntarily and that
      325 words
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      Page 23 Advertisements Column 2
      18 23 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY.~ your Appointments Or notices, caltoMree 1-800-741-1883 I The Strait* Time*
      18 words
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      Page 23 Advertisements Column 3
      36 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Make new business contacts through dassflfcadon 203 in The Straits Times f Classified, cjlta I in-iy*
      36 words
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      103 words
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      47 words
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      62 26 j T> I <=A WATCH FOR THOSE WITH gnflH Sole Agent: OCKSON WATCH JEWELLERY (S) PTE LTD CHOPARD BOUTIQUE: WISMA ATRIA 435 Orchard Road «2-36 Singapore 0923 Tel: *****51 DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchard Road <01-03 Singapore 0923 Tel: *****00. CENTREPOINT -178 Orchard Road Wl-05AB Singapore 0923 Tel:
      62 words
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      Page 26 Advertisements Column 2
      0 26 ]&^&!`+_|~(?-<,>?@?+"+;)?|}_.<$
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      103 27 j" i Since 1733 there has I NEVER BEEN A QUARTZ BLANCPAIN WATCH. And there never will be nil Stntapotc HIE HOUK CI ASS l.ucky PUm TW *****XV1 Scitfls. TH 21)6)77/71MB Cewreprti* TH 7MIVNMWI Peninsula Plarj.TW U7R«WJ«*Vi6I WiwW Track? Centre TW *****07 Pate. Kcnaissance. TW 711U62rt4'l KafflcvlW ******1 Airixxi Tctirmwl
      103 words
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      Page 28 Advertisements Column 1
      20 28 (fw^v EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. ril BusuiessTimes Wt KNOW ASIA
      20 words
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      Page 28 Advertisements Column 2
      574 28 BO p^J^^TjnOS TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 NOTICE NOTICE IS HEREBY GIVEN that, I LIM UN HONG of Blk 184 PASIR RIS STREET 11 #08-52 Singapore 1851, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Ginseng House at 5 Raffles Place, 81-14 MRT Raffles
      574 words
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      Page 28 Advertisements Column 3
      379 28 NOTICE NOTICE IS HEREBY GIVEN that, I Mdm. Chng Buay Huang of 467 Upper East Coast Road, Singapore 1646, have applied for a Beer House, First Class Licence in respect of premises at M/s Sun Laguna Restaurant Pte Ltd at 36 Lorong 4 Geylang Singapore 1439, and that this application
      379 words
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  • SHIPPING TIMES
    • Article
      Tokyo lends Manila US$150m to upgrade inter-island fleet
      340 29  -  By Alec Almazan SINGAPORE Japan has given the Philippines a US$l5O million (*****.5 million) loan to finance the modernisation of its ageing interisland shipping fleet. Japan's Overseas Economic Cooperation Fund (OECF) approved the loan under its 19th Yen Credit Package to the
      340 words
    • Article, Illustration
      Lock icon On rocky ground
      63 29 Reuter CAPE TOWN, South Africa The Japanese trawler Nikko Maru 25 lies aground in the shallows of Walker Bay after running into trouble on Monday. None of the 22 seamen were injured in the incident, which occurred enroute to the Far East. Attempts are to be made
      Reuter  -  63 words
    • Article
      Lock icon Hopes remain Swan Hunter may be saved
      235 29 Reuter LONDON Receivers to stricken British shipyard Swan Hunter and possible suitor, Constructions Mecaniques de Normandie (CMN), failed to reach a definitive agreement on a bid but talks are continuing, the two sides said. Failure to agree on Monday means Swan cannot bid
      Reuter  -  235 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      823 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 2/3 Bait Orient Line 7 4/5 •Bank Line, The 9 S Batamindo 7 3
      823 words
    • Article
      Lock icon Loan guarantees for US shipbuilders
      589 29 Four major projects to receive US$ lb federal backing Reuter WASHINGTON President Clinton on Tuesday announced USSI billion in loan guarantees designed to spur commercial orders to US shipbuilders and safeguard an industry threatened by defence spending cuts. "This is a great day for our
      Reuter  -  589 words
    • Article
      Lock icon McDermott to build box ships for Greek firm
      411 29 Bloomberg Business News NEW ORLEANS McDermott International lnc has agreed to build 30 container ships for a Greek shipping company, with the US$75O million contract contingent upon financing guarantees from the US government, a McDermott spokesman said on Tuesday. McDermott declined to
      Bloomberg Business News  -  411 words
    • Article
      Lock icon Cosco seeks to join market economy
      394 29 International Transport Journal HONGKONG The Cosco group, one of the world's largest shipping lines, continues to be in conflict with the market economy. Even though it is concentrating more and more on the profitability of its services, it still puts the welfare of its
      International Transport Journal  -  394 words
    • Article, Illustration
      Lock icon Will Kansai Airport take off?
      729 30 Japan's US$ 15 billion airport can only be a success if it does enough business to keep itself from sinking under a mountain of debt AP CROSSING a 4-km bridge from Osaka, on the main Japanese island of Honshu, puts you on a giant man-made
      AP  -  729 words
    • Article
      THE SHIPPING GUIDE
      11872 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. LUKND PN: ship calls at Penang after
      11,872 words
    • Article
      SHIPPING AGENTS
      3266 43 A* Renews Pie Ltd (SyMarine Handling Mn Bhd (PK/PN). «iftd Group: Accord Shpg Pic Lid Accord Conir Line (PK/PN). Adkris Business Corporation Philippine: Galsource Shpg A Trdg Pie Ltd (S) Ahrenkiel Liner Service: Kim Shpg A Trdg (S). Albalra Sea-Air Service: Frata Shpg Pie Ltd (S). Alfred C
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      COURIER SERVICES
      273 43 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Tel:
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    • Article
      AIR FORWARDERS
      1511 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td. 542-7822. Fax: *****20. Aeroiiak Freight International Td: 545-8033. Fax: *****05. Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air
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    • Article
      PORT CONDITIONS
      3106 44 ALBANIA One vessel in port discharging bagged flour, no vessels waiting in roads. ARGENTINA Santa Ke, Diamante: No vessels berthed, none in roads, none due. San Lorenzo: Five vessels berthed of which I loading soya bean meal. I soya bean oil, I soya, I wheat, 1 by-products, I
      3,106 words
    • Article
      CRUISE & FERRY SCHEDULES
      636 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel ETA LTD Ports of Calls Port Agent Telephone No AUGUST 05 05 Leisure World 1000 2015 Cruise to Nowhere New Century Tours 227-8284 Corporation 05 05 Langkapun Star 1600 2030 Cruise to Nowhere Jardine Shipping 224-1052 Aquarius Agencies 06 06
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      Lock icon SHIP SALES & TANKER RATES
      739 44 SHIP SALES TANKER RATES AFP THE NEWS that Messrs Texaco have joined the trend of major oil companies in distancing themselves from the liabilities of direct ownership has provided a major talking point this week. It would seem that the idea is to dispose of the entire international fleet, retaining
      AFP  -  739 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        543 45 Ooy W> Btrth Arrival Dtparhjre VmmI Voy No forth km* Dtpvtir* r0 0r Eto«aSC264C 04AUG* P01A 0*08/1100 0408/1400 Bafam Baru 8339 J1 alongside 0408/2300 Equator toy 17/46 P02 04 08/0700 0508/0600 Ml Be 08/01/94 C atongstoe 0408/2300 Equator 3 131/41 P03 0408/0730 05 08/0600 o u.c 8/5
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      • Article
        CONTAINER SCHEDULES
        1249 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Record Bookinj/BaUnce Rslts Voy No Etb/Btr Period From To From to Me 1978 05/1100 1A 03/1500 03/1655 03/1900 3 04/0700 04/1159 04/1400 4 04/1200 04/1459 04/1700 Lif 052B 05/2000 IB 03/1500 03/1659
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      • Article
        COCKETT BUNKER MARKET REPORT
        842 45 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, snows 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
        842 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        554 45 Carbon 21 Omwiy Water Resdut Wi NmMik Stdhml DareXy Nat* ImMW Mi NmMmi tu>i.U M/M M M Ex*oci Exxon RC/r3 tv/v M/M M/M PPM method RG/1T3 V/V M/M M/M PPM mettxxt BO/Chnac lints Spec £25 991 10 150 010 30* 010* 984 0 4 14 0
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    • Article, Illustration
      Lock icon United Arab Shipping awaits better times
      886 46 The largest box carrier in the Middle East, United Arab Shipping Company has new vessels planned but needs improved trading conditions Lloyd's List Magazine Focus WITH plans to build 10 new vessels all container carriers, destined to be replacements for mostly breakbulk ships United
      Lloyd's List Magazine Focus  -  886 words
    • Article
      Daily Freights
      1107 46 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,449 on Tuesday from 1,443 on August 1. Firmer time-charter rates were seen for geared Panamax from the Atlantic and rates from the east also showed signs of firming, brokers said. The 64,178-dwt Fortuna is rumoured
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    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        ANA to use Kansai Airport to expand worldwide network
        452 48  -  By Juliette Walker SINGAPORE All Nippon Airways (ANA) will gain manoeuvring room to expand its regional and international network when the new Kansai International Airport opens on Sep 4. Japan's largest domestic carrier began scheduled international services in 1986 and now
        452 words
      • Article
        Lock icon UAL headed for showdown with Denver airport
        514 48 Bloomberg Business News DENVER Denver officials anxious to open the city's new US$3.2 billion (Ss4.B billion) airport may be headed for a showdown with United Airlines, the main tenant, over a proposed backup baggage handling system. A German consultant firm hired by the
        Bloomberg Business News  -  514 words
      • LOG BOOK
        • Article
          Lock icon Saab sales in US down in July
          114 48 AP STOCKHOLM Sales of Saab cars in the US dropped 22 per cent in July compared with the same month last year, but the Swedish company was still hoping to meet sales forecasts. Saab reported on Tuesday. Saab sold 1,639 cars in the
          AP  -  114 words
        • Article
          Lock icon Minibus with 65pc China-made parts
          87 48 Bloomberg Business News HONGKONG Brilliance China Automotive said its Shenyang Automotive subsidiary introduced its mini bus model 6480, made with more than 65 per cent domestic parts. The company said on Tuesday the vehicle was unveiled at regional automotive trade shows held in north-east China
          Bloomberg Business News  -  87 words
        • Article
          Lock icon Southwest to test ticketless system
          78 48 Reuter DALLAS Southwest Airlines Co will begin testing a "ticketless" system on routes linking Dallas, Houston, Corpus Christi, Texas, and Little Rock, Arkansas on Aug 22. Southwest said in a statement on Tuesday that it believed a ticketless system would make it more convenient for
          Reuter  -  78 words
        • Article
          Lock icon British Rail signalmen strike again
          73 48 AFP LONDON British railway signal workers were to strike from midday yesterday for 24 hours, their eighth consecutive weekly action. The rolling strike, which has taken place every Wednesday since June 15, hardened last week when it was extended to two days, affecting traffic for
          AFP  -  73 words
        • Article, Illustration
          Lock icon Traffic stopper
          41 48 Reuter BEIJING A Chinese horse-drawn cart driver, accompanied by a snoozing co-pilot, leads traffic out of an intersection in Beijing yesterday. Horse-drawn vehicles are a common sight on the roads of the capital, often contributing to worsening traffic snarls.
          Reuter  -  41 words
      • Article
        Lock icon S Korea carmaker Kia accelerates expansion drive
        671 48 IHT SEOUL As sales surge by double digits and Japanese competitors retrench, Kia Motors Corp's chairman Kim Sun Hong might have reason to sit back, light a cigar and share some of the profits with investors. Instead, Mr Kim, a mildmannered engineer, has
        IHT  -  671 words
      • Article
        Lock icon Thrifty and Ryder in one-stop car and truck rental deal
        479 48 NYT WASHINGTON Thrifty Rent-a-Car System and Ryder System Inc's consumer truck rental unit have struck a deal which will provide US and Canadian consumers with onestop shopping for car and truck rentals. The deal, announced on Tuesday, is the first
        NYT  -  479 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1421 48 ctty m n» ttaDfcaM GF146 1120 Gf 147 1850 GA985 1130 SQ441 1505 GA883 1545 MataMa QF81 1925 QF82 2055 SQ228 1955 tasMm KL843 0505 KL838 2300 SQ25 0630 SQ26 2355 GA975 1205 KL837 1450 Mmt SQ347 0740 AacMaad SQ286 2040 BA11 1505 SQ288 2045 Bahrafc
        1,421 words
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      23 29 DIRECT CALL TO THURSDAY SUNDAY HOTLINE *****37 Will Kansai Airport take off?, Pg 2 United Arab Shipping Co awaits better times, Page 18
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      Page 29 Advertisements Column 2
      26 29 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740 2089/740-2090
      26 words
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      Page 29 Advertisements Column 3
      35 29 the FAMOUS I exnuuft/ -mm aKum ■BEMIgII 224 1833 I For more information please refer to Pg. 13 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Business Times mwwiiw
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      1854 30 ~msMMToo*, 1 import.... naport™. «a MA ML HMTM OK NT MMCO QTT «JQ MONTtMCO WD M WBB MMM I cmmmm uim n inu vt 211 114 14 *1 MJ 114 1# "miajwwff W7 Tj| m im u» im j" cauf okma satmn vm in it? iu 22! m MHO— IBCWI
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      Page 31 Advertisements Column 1
      1557 31 <yy>L m\ PTE LTD JARDINE SHIPPING AQENCIEB JARWME SHIPPING AGENCIES SON. BHD CR NUMBER: 3242M*****C ,poh HL M 2703/4 FAX *****6 DOCUMENTATION TEL: *****55 (INWARD>/*****80 (OUTWARD) ,P 11l *****12 FAX *****14 (OPNS) i SERVICE S "££>«» SXUST novated to Quality Service sSKohboa!!d pa,,< Bu reu l JSoiT fax: *****42 1
      1,557 words
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      Page 31 Advertisements Column 2
      1672 31 NANJING/NANTONG/SHANGHAI/NINGBO/WUHU HAIMEN/WENZHOU/FUZHOU/SHANTOU CALL US TODAY P Vest* Voy ETA ETO Factored by 1 SL r DESTINATIONS Nnt M«> MAJESTIC MAERSK v94oe cv 09. oe oeoo mrs IHIH HH IHH HH MM CfS 06/06 2350 HAS XX LPK PEN OAK ILOS SfO MEM ATI MIA CHS BAL I PHL HVC TOR
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      Page 32 Advertisements Column 1
      1570 32 AQABA R OAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE MALAYSIA KITANO 26/330 6/8 15/8 22/8 24/8 27/8 29/8 31/8 Port Krtarifl. Panang KAMAKURA 39/131 10/8 27/8 30/8 28/8 Paair Gudang ELBE 23/331 13/8 22/8 29/8 31/8 3/9 S/9
      1,570 words
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      Page 32 Advertisements Column 2
      757 32 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharun) C.1.5./RUSSIA: Voaloclmy, Vladivostok, Moscow, Baku, Tashkent, Irkutsk, Alma Ata, Ashgabad, Dushanbe, Kiev N Korea: Pyongyang, Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO mm NORTH/WEBT AFRICA 131 VESSEL SIN DKR Ned America V.2264 09/8 06/9 CGM Korrlgan
      757 words
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      Page 32 Advertisements Column 3
      1333 32 NORASIA I MILE 0E LYRA Yo4* 09/08 06/09 31 06 NORASIA SAMANTMA 9431-3 10/06 01/09 02/09 04/09 05/09 06/09 07/09 09/09 2 NORASIA SUSAN 9432 3 19/06 09/09 10/09 12/09 13/09 14/09 15/09 17/09 J NORASIA SMGA 9433 3 24/06 IC/09 17/09 19/09 20/09 21/09 22/09 24/09 WILE 0E WLA
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      1316 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppei Towers Singapore 0208 Tel: *****88 Fax: *****17 ■wmu.iiiiiMui.iwiiniuuM i SSZt imw quinia pacific line gfWßa (a servjcr of china navigation cot CARGO OUI SMS ASIAN VENTURE VOX KM, Ska* Taw 04 Aug 0C Aug p CLi LC I CONTAINER
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      Page 33 Advertisements Column 2
      3100 33 m SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd I Iml W 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 www TeJ 225 2233 Te)ex RS ***** p NOCSp Fax 225 5327/222 7517 v CR Number: **********0Z I EXPORT IMPORT VESSEL VOT 'PNO *PKO MM SOU ANT ROT HAM
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      Page 34 Advertisements Column 1
      513 34 GENERAL AGENT C R NO 11M781-***** EKA JAYA AGENCIES >3jßr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENT ATI VES IN CHARGE [~HO CWMMM CITY MOM I HANPFHOHE/D—CT I Lummy not inmw |nnßF«4itn 1 I KKLVW CHAM IHMM mWimiWM MAMOJ a nana |MHm IWILIAIHHf IIMM l~r~*" < IMa I ►TO
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      Page 34 Advertisements Column 2
      1167 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 for vsi sm Ilk haul m nil mm s* lift haul sav in mrc HMUN ROTTERDAM 0271 12/8 MKT 1/9 2/9 3/9 HANJM ROTTERDAM 0271 12/8 H. KWTOW Did 15/9 16/9 11/9 HMUN LE MM 027E
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      Page 34 Advertisements Column 3
      1342 34 ziu d -Id -1 d K Im ix wc nc w ki on kt w no ui oe u nc im m n w fi a in I I SWItl K M l/l 11/ l 14/t 17/1 11/ l 22/1 21/1 »/l »/l 2»/« 27/1 7/» 21/1 21/1 }/l« 4/M
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      Page 35 Advertisements Column 1
      2174 35 II NORMANDIE BRIDGE 33W ETA SGP 06/08/9411 H S3 II eta RDM 22/08/94, FLX 23/08/94 fll HI I BRE 25/08/94, LEH 27/08/94 VESSEL VP?"*|"TBE LOS OAK VAN »H ATL CLE CLB DLT~ HOI MPH NO* N >7" /■//> tOK WON CA' irORNIA SATURN ~B7E 10/08 27/08 29/08 3108 01/09 02/09
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      Page 35 Advertisements Column 2
      1092 35 A I MULTILINE SHIPPING PTE LTD wm (a metnbcf of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 BLASCO: INWARD *****65 OUTWARD *****2S T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697
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      Page 36 Advertisements Column 1
      1388 36 K44 v f 9 AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (01 NO; **********0M/GST REG NO: M 2 *****99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I Mm* MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON IND TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA. P.T. SARANA
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      Page 36 Advertisements Column 2
      673 36 @APPENSHIP HAMBURG (W'J CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOAOMC PORTS OSCHMGE/lOMMG FOR ANANGEL PEACE RTM 06/07 SPORE 06/08 SEAKITTIE HAM 01/07 SPORE 18/06 ELENA V ANTW 05/07 SPORE 06/06 //T\\ ISLAMIC REPUBLIC OF lacceptinq cargo to qulf ports IRAN SHIPPING LINES *m
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      Page 36 Advertisements Column 3
      532 36 Ar*sa GOLDEN LINE A \&SV WhH GUAN SHPPMG U2ss<X (PTE) LTD 23. M Apr StrMt 9HUPOBE 01M TU iUim (M IMS) fa. UUM4 (at tk. mammm) ITIAITI/mHAM OCTIHITKI S pore P KeUng Pmang OOUXN SIM Karachi/Dubai/ Kuwait 1/10 A* SOLDO! KM Karachi/Dubai/Kuwait 24/31 Au( CHINA IKB TICK OCR IMS Shanghai
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      Page 37 Advertisements Column 1
      914 37 pacific international lines (ptei ltd^ 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I \SSSS!mm ml mm crno **********0E I I I VESSEL VOY SIN CMS <MB MOO JED AOJ AD€ PZU MSW ASA I I I KOTA BERKAT BKTOI3 7/8 12/• 1M 21/1 2/8 24/8 4/9 23/1 2S/1 JM
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      Page 37 Advertisements Column 2
      884 37 DTOO.S WT It HAYRt HMHK ffl*Ws ROTTERDAM AWT WERT WLU OE IWW TOOT" 00/00 31/88 82/88 03/00 84/08 08/88 m Pt BE6A 604W 14/88 04/00 00/00 W/OT 10/00 12/88 HU OE m< W4W 73/04 14/00 18/88 17/88 18/08 20/08 «UI DC TITMM TOSW 21/88 23/80 24/08 25/88 21/09 •/U.SO ACCtPTBK
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      Page 37 Advertisements Column 3
      522 37 1 BSfl iiT Mgh MYANMA mik FIVE STAR LINE W (Myanmar National Line) Loadng for Yancon (Ranfoon) Sport P.KIf Pan PGdf AVA VI2OW 01/10 Aut In Pi PAGAN V2I2W 00/10 Au| 10/12 Auf MPAAW V2O4N 17/10 Auf 10/20 Auf MALAYSIA AfiEKTS 00USTEA0 SHPPOK AGQICB «1 TU 03 *****06 f*L TEL
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      1892 40 1 Zi APMCA/PARANAaUA^I *5 mIvAV M cheno"P(M r* «o?«wsf I i^^^^BrgMTAof,'^:« amm I 3? M n*li PAMual fifftfmCTliytfllgtfl»liyiiiMl»--3— «2 MYII^V PttAHAGUA 45 DAYS '<% Shpfori'i Cin«riJ 4/wfs. i J COSTAR SHIPPING PTE LTD r <®o»ora#r 22*1900 Sa lei Booking: Agency Dtpt '.•Z 6 Skeaton Way *17-08 T?L (G V2Z£n rniim*
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      Page 40 Advertisements Column 2
      235 40 DIRECT BREAKBULK/CONTAINER SERVICE TO MANILA MV. "KYOWA ROSE" VOY 95 ETA 14-8-94 (HEAVY LIFT AVAIABLE UP TO 30 TONS) SHGAPORE SEAWAY SHIPPING PTE. LTD. £1 Viffti (GENERAL AGENT) NATWEST CENTRE #IVO3. SPORE 0106 TEL *****33 FAX *****53 TU R*****8 SgJ WW £K ELANG GUU9V MOOS JON RHD TEL 03 387W70/1
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      Page 40 Advertisements Column 3
      1411 40 FOR BOOKING 1800-*****00 (TOLL-FREE) outoouno p*i rtw «h sw «g mo w *tt ux as* mq< as HW 216/NOO6 30/0/ 01/ M 03 OS (ft 06 08 09/08 10/08 1?/(M 14/08 T/S «J MO 1// OS IS 08 20/08 17/ M WW MAI 206 *03/ 02/08 04/08 08/08 0748/ M
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      Page 41 Advertisements Column 1
      722 41 Jf* FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 IST HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 06/8 ROTTERDAM 06/8 AARHUS/COPENHAGEN 06/8 HAMBURG/BREMEN 07/8 MARSEILLE/FRANCE 09/8 FELIXSTOWE/UK 08/8 BARCELONA/SPAIN 08/8 LEHAVRE/ERANCE 10/8 GENOA/ITALY 08/8 ANTWERP/BELGIUM 08/8 LOS ANGELES/WC/IPI 07/8 SYDNEY/MELBOURNE 05/8 NEW YORK/EC 07/8 FREMANTLE/ADELAIOE 05/8 VANCOUVER 10/8
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      Page 41 Advertisements Column 2
      968 41 iii«S^ittttwmiiißf^iiW B. ;<MWWMMI —"-vwmmiifimM, S BPMMWSBZnZIMMMMI M tWEI TVT J l VESSEL VOY SIN PCM ISRA BHUM 62S Fri 5/> Tut 9/1 D€JA BHUM 4625 FrTI —Sri Sat I S/S «||VE»SEL VOY SIN BKK I BHATRA BHUM 418 tat 8/3_ JTu. «J_ J KOTA MUUA H|| RATHA BHUM 1W Thu
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      Page 41 Advertisements Column 3
      278 41 TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: R3 ***** RISHIP (3 Lines) CR NO.: **********0E I I ETHIOPIAN SHIPPIN6 LINES Y (National lints of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vnml Voy KTA LmSo Por Sport Abbay Woru 40WB 15/08 Mombtu. Djibouti Assab Muuwi Abbay Wooz 41WB 15/10 Mombasa. Djibouti Mttstwi
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      Page 41 Advertisements Column 4
      528 41 Gusrant—4 Smiling* to.BANGKOK/LAEM CHABAH6/LAOS| </l (SAT) >/» (TH) 11/1 (THUT PORT KELANG/PENANG 11/1 (THU), 12/1 (FIB) HONG KONG 5/« (FIB). (TUE) JAKARTA S/S (SAT) MAMLA/CEBU/SUBC MY 9/1 (TUE) HO CH MM 5/1 (FIB) SURABAYA 7/« (SUN) BUSAN 7/1 (SWI) pi PONGNAMA LINE kssel n m ns k bsm HONGKONG GLORT
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      1594 42 UUMN CONTAINEA LINES, MAC-MILS BPORS: *****22 (24 LINEB) I PCKANQ:'(O4HjSIS3C BANGIKC* (JSoaSWaS? P.KRANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN I 3/8 4/8 5/8 HKG/BKK/KEE/KHH Genoa/Barcetona/Marseies 3/8 4/8 5/8 5/8 6/8 7/8 HKG/BKK/KEE/KHH G'burf/C'hafen/S'holm/Oslo 8/8 9/8 10/8 7/8
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      Page 42 Advertisements Column 2
      180 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD lIA lIA EH STOK rati RIIANG KMNG am MX 791 LojAog lor Mile RUVM HUDHU 2S 8 loading tor Dub* DOIfWI 2/9 Loading rot Mak noted sum* S/8 Loading Tot kUf UMMLOH 8 8 Loading For Mak rtOOKSS LHITT »,8 Loading lot
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      Page 42 Advertisements Column 3
      1133 42 THONG SOON UNES PTE LTD 78 SHENTON WAY #10-01, SINGAPORE 0207 I \y TEL: 227-5088 FAX: 227-6011 I TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO <•. I SINGAPORE TO SARAWAK S |NGAPORE TCTTHALAND tSSEL VOY_ S PORE DEST VESSEL VOT STtiE lAACHO* EQUATOR 111 131/4E 04 AUG KUCHING
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      Page 46 Advertisements Column 1
      396 46 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANG/SINGAPORE VESSEL VOYAGE I SW I PKL VESSEL VOYAGE SW PEN VIGOUR LUZON *****N 02/08 (THE) 04/0* (THU) MCC CONVEYOR 9431 02/01 (Tig) 05/08 (FRI) MCC CONVEYOR 9431 02/08 (TUE) 04/08 (THU) VIGOUR
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  • Page 46 Miscellaneous
    • Miscellaneous
      Page 46 Miscellaneous Column 1
      686 46 TODAY'S TIDES in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0900 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 23M A 1.7 1.3 14 04 0.7 04 1.0 14 1.6 1J 14 1.9 1.7 13 1.3 14 14 14 1.7 2.1
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      Page 47 Advertisements Column 1
      818 47 I A HYUNDAI I MERCHANT MARINECOLTD. WESTBOUND TO EUROPE BKG: *****61 I hw' pke» w rasas voy I sm I rtm I ant* I lew I ham am Fa 03/01 05/08 06/08 NOR FRDOURG 312W 01/08 26/08 28/08 29/08 28/08 28/08 30/08 10/08 12/08 13/08 H. CHALLENGER 311* 15/08 02/09
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      Page 47 Advertisements Column 2
      469 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS kssu wr v n kuc kk mm hit CHAMPION TKADOI 40 l/l 11/ l O*A*H MOON 44 11/ l (BU 11/ l) KIBHUN 31 IS/I 11/ l 12/1 M l BAM UUAH 21 l/l OUTBOUND VESSELS LOIDIIW FPU BANGKOK
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      Page 47 Advertisements Column 3
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      1,006 words
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