The Business Times, 22 August 1994

Microfilm: NL19570
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times WE KNOW ASIA M ITA(P) 010/12/93 Monday August 22 1994 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon Al-Arqam leader vows to sue Mahathir
      44 1 AFP BANGKOK Ashaari Mohammad, the leader of an Islamic sect, Al-Arqam, which has been banned by Malaysia, said yesterday he would return to his home country and sue Prime Minister Mahathir Mohamad and other ofTicials for defamation. AFP
      AFP  -  44 words
    • Article
      Lock icon Banesto meeting today
      51 1 Reuter MADRID In the last stage in a 605 billion peseta rescue plan, Banco Espanol de Credi-to-Banesto SA will hold an EGM today that should close Spain's biggest bank crisis. Shareholders will be asked to approve 1993 accounts that show a group loss of 577.9 billion pesetas.
      Reuter  -  51 words
  • Article
    MARKET SUMMARY
    159 1 Stock market indices friday Week change STII 2.347.17 f 29.38 K.LSE Comp 1.140.70 35.41 Nikkei 20.512.70 -151.13 Hang Seng 9.404.44 -60.12 SET Index 1.488.62 +63.13 Jakarta Comp 492.21 4-17.21 CLSA China B 1.136.24 -17.84 Aust All Ord 2.061.3 +9 4 FTSE 100 3.191.40 49.1 Dow Jones 3.755.11 .-13.60
    159 words
  • Article, Illustration
    Strong family values needed to ensure success: PM
    802 1  -  Economic policies alone not enough to see Singapore through By Chuang Peck Ming SINGAPORE Having the right economic policies is not enough to ensure Singapore's continued success. Equally important are non-economic factors such as social cohesion and strong family values. Prime Minister
    802 words
  • Article
    Singapore spearheads withdrawal of Asian investments from US
    436 1  -  By Chuang Peck Ming SINGAPORE Along with several Asian investors, Singapore withdrew a big chunk of its investments from the United States last year. The result: Singapore's cumulative investments fell from US$B73 million in 1992 to US$22B million (***** million), says the
    436 words
  • Article
    OUB raises prime rate, analysts see dampener on stocks
    199 1 SINGAPORE In a widely expected move, Overseas Union Bank (OUB) has become the second of Singapore's Big Four banks to increase its prime lending rate this month. OUB said in an announcement over the weekend that it would raise its rate
    199 words
  • Article
    Cheow Tong's Myanmar trip set to boost S'pore business link
    454 1  -  From Loh Hui Yin in YANGON SINGAPORE, already one of the largest foreign investors in Myanmar, is set to expand its business presence there. Minister for Trade and Industry Yeo Cheow Tong. who leaves for Yangon today, will present a
    454 words
  • Article
    Lock icon Foreign firms in China fail to get promised tax rebates
    263 1 AFP BEIJING Some foreignfunded firms arc running into unexpected difficulties with China's tax reforms, with promised rebates failing to materialise amid an overall tax hike of 30 per cent, a senior government official was quoted as saying yesterday. According to
    AFP  -  263 words
  • Article
    Lock icon Bank Negara to lift non-trade foreign deposit limit
    133 1 NST KUALA LUMPUR Bank Negara will remove the limit on non-trade related foreign deposits in banks here, as the liquidity situation in the country is now more manageable. A Bank Negara spokesman said on Friday the net external liabilities limit is among
    NST  -  133 words
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      96 1 Br-*- If PI lie Originator of J Cultured lVarls m KAMPOOLI TjVXi ILUI.LL.LUS f'/| frSOnlurd RojJ j "01-07 I'IJ/J sin^jpurj ittunJ F lout) Singj|»ori' IN2* 1 el: 336-1381 LL i CONTENTS News Companies S pore News 2 19.20 Reponal News 3,4.6 Financial 23.24 World News 7.8 Markets Features Cloto/KLSE. S£S
      96 words
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      21 1 Business IT: Pg 11 Plenty to show at Windows Expo MAS confirms caution on loans for mortgaged HDB flats, Fg 2
      21 words
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      17 1 Hock lu>ck Siew: p K 19 Pacific Dunlop shows way in CrrM. Outlook for stocks, Pg 30
      17 words
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      80 1 Bottom Line: Pg is The pretend samurais THE BEST SELLING COMPACT ZOOM espiollS i fICLLS 9tS:»isuTo* I JilMi A iiuta Ml (t at 1 3 Ul« AtfftOf 3 #04 0! C«'Xoi'.f "OuSt S'tCMOAf '44| Tf t mi)?? I More reports on Page 2: Recent property price surge unsustainable PM upbeat
      80 words
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      11 1 Bank of China to limit lending for foreign-funded enterprises, Pg 18
      11 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Asian Dollar Market hits record US$417b
        321 2  -  By Quak Hiang Whai THE total assets of the Asian Dollar Market reached a record US$4l7 billion (***** billion) at the end of June, reflecting the strength of the offshore banking business here. The size of the market a barometer of the health of
        Source: MAS  -  321 words
    • Article, Illustration
      Property price surge unsustainable: PM Goh
      798 2  -  National Day Rally Large supply increase in the pipeline HDB to launch massive programme of 164,000 new flats Reports by Ramesh Divyanathan, Ven Sreenivasan PROPERTY PRICES wi|l continue to appreciate steadily as Singapore's economy grows, but the surge in the past two years is
      798 words
    • Article
      PM upbeat about economy over next 5-10 years
      496 2 IT will not be easy to repeat the 8.1 per cent average annual economic growth in the last five years, but Prime Minister Goh Chok Tong is optimistic about the next five to 10 years. "The region is booming. We are seeing
      496 words
    • Article
      $30,000 grant to help children buy HDB flats near parents
      355 2 THE GOVERNMENT will introduce a new Central Provident Fund (CPF) housing grant scheme to help children buy Housing and Development Board flats near their parents. Prime Minister Goh Chok Tong said the government will give a $30,000 grant paid into
      355 words
    • Article
      Lock icon Vietnam closes office of S'pore firm for breaking investment rules
      157 2 Reuter HANOI Vietnam's Trade Ministry has closed the Ho Chi Minh City office of a Singapore company, Vieco, after finding it guilty of breaking investment rules, the Vietnam Investment Review reported yesterday. The semi-official weekly, published by the State Committee
      Reuter  -  157 words
    • Article
      New privatisation schemes every two to three years
      247 2 THE government will hold more privatisation schemes similar to the Singapore Telecom float every two to three years. Prime Minister Goh Chok Tong said. He said this was part of a continued effort to use budget surpluses to expand its assetenhancement programme
      247 words
    • Article
      MAS confirms caution on bank loans for mortgaged HDB flats
      299 2 THE Monetary Authority of Singapore (MAS) has confirmed that it cautioned banks and finance companies here last week against giving loans secured on already mortgaged HDB flats. An MAS official told BT over the weekend the caution is aimed at
      299 words
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      210 2 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery sen/ice. BOLTON
      210 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Malaysia's skills fund lacks employers' support: minister
      439 3 MBT KUALA LUMPUR Despite repeated complaints about shortage of trained manpower, the Human Resources Development (HRD) Fund, aimed at improving training skills and development of workers, does not appear to be getting the full backing of employers. Official statistics provided by Human Resources
      MBT  -  439 words
    • Article
      Lock icon Umno offered posts to Al Arqam, says cleric
      329 3 Reuter JAKARTA Leaders of the controversial A 1 Arqam Islamic sect, banned in Malaysia and in one Indonesian district, were once offered posts in Malaysia's ruling Malay party, an Indonesian Muslim group said yesterday. Nahdlatul Ulama chairman Abdurrahman Wahid said the offer
      Reuter  -  329 words
    • Article, Illustration
      Lock icon KL's damaged radar operational next month
      360 3 Reuter, Bernama KUALA LUMPUR Kuala Lumpur international airport's radar system, badly damaged in a fire last week, is expected to be back in operation next month, soon after the arrival of spare parts and specialist engineers. The maker of the radar system. France's Thomson-CSF,
      Reuter,; Bernama  -  360 words
    • Article, Illustration
      Lock icon Ranariddh attacks three nations' reluctance to pay ransom for captives
      334 3 Reuter, AFP PHNOM PENH Cambodian Prime Minister Prince Norodom Ranariddh yesterday criticised the Australian, French and British governments for "complicating" efforts to free three Western hostages being held by Khmer Rouge guerillas in southern Kampot province. "The hostages said please,
      Reuter,; AFP  -  334 words
    • NOTE BOOK
      • Article
        Lock icon Jakarta launches saving campaign
        91 3 AFP JAKARTA The Central Bank Indonesia yesterday launched a week-long nationwide campaign to increase domestic saving and reduce Indonesia's dependence on foreign capital. Central Bank governor Sudrajad Jiwandono was quoted by the official Antara news agency as saying that the campaign was to encourage everyone, especially
        AFP  -  91 words
      • Article
        Lock icon Johor-S Africa cultural exchange
        90 3 AP KUALA LUMPUR The Malaysian state of Johor plans to establish cultural exchange programmes with South Africa as part of efforts to strengthen ties between the two countries, the state's Menteri Besar said yesterday. Muhyiddin Yassin said the state was prepared to send a cultural troupe
        AP  -  90 words
      • Article
        Lock icon Thai tycoon's body found in plane wreck
        110 3 Reuter BANGKOK Rescuers yesterday retrieved the body of one of Thailand's wealthiest businessmen from his wrecked plane that crashed into a mountain three days ago. officials said. The body of Suvit Wanglee and that of his co-pilot were found trapped in the wreckage
        Reuter  -  110 words
      • Article, Illustration
        Lock icon Death of Benigno Aquino remembered
        63 3 Reuter MANILA Former Philippine president Corazon Aquino speaking to supporters beside the tomb of her husband. Benigno. at a Manila cemetery yesterday, during the commemoration of the 11th anniversary of his assassination. The 1983 murder sparked off massive protests culminating in a popular uprising that
        Reuter  -  63 words
      • Article
        Lock icon Pirates storm Japanese tugboat
        93 3 Reuter MANILA Pirates armed with guns and knives attacked a Japanese tugboat anchored on Manila Bay, stabbed and wounded its Indonesian captain and fled with cash and valuables, the Philippine navy said yesterday. Eddie Yusod, master of Honduran-registered Fukumaru No 8, was wounded when he* tried
        Reuter  -  93 words
    • Article
      Electronics consumption to outstrip production in Asia Pacific, says report
      535 3  -  By Claire Leow SINGAPORE The AsiaPacific region is not only a big manufacturer of electronics products and peripherals but an even bigger consumer, the Yearbook of World Electronics Data says. Us recent report, published by the Reed-Elsevier Group, says the
      535 words
    • Article
      Lock icon HK's first-half approved investments in Vietnam jump
      226 3 AFP HANOI Vietnam has licensed nearly as many Hongkong investment projects in the first seven months of this year as in all of 1993, but money from the British colony is proving slow to arrive here, a report said yesterday. Hongkong investors won
      AFP  -  226 words
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      242 words
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      10 3 Put The Straits Times Classified to work for you today.
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon China tightens control of exchanges
        101 4 Bloomberg Business News BEIJING The Securities Regulatory Commission, China's securities watchdog, is tightening its control of the country's fledgling futures exchanges to halt their "blind development", the official China Daily reports. All exchanges and brokerages will have their operations re-examined and will have to re-register
        Bloomberg Business News  -  101 words
      • Article
        Lock icon Activist appeals against HK poll ban
        101 4 AP HONGKONG An activist who spent 10 years in a Chinese prison for political crimes said yesterday he has written to British Foreign Secretary Douglas Hurd to protest Hongkong's decision to bar him from running in local elections. Lau San-ching said he wrote to
        AP  -  101 words
      • Article
        Lock icon Jiang Zemin to visit Russia, Ukraine
        77 4 AFP MOSCOW Chinese President Jiang Zemin will make a twoday visit to Ukraine from Sep 6 to 8, the Itar-Tass news agency announced yesterday quoting Ukrainian officials. Mr Jiang will go to Ukraine straight from a visit to Russia where he is holding a
        AFP  -  77 words
      • Article
        Lock icon Beijing to curb fraud by joint ventures
        69 4 AFP BEIJING China is to tighten control over the operations of Sino-forcign joint ventures to curb fraud by overseas firms that Beijing says have stolen nearly USSIO billion (SSIS billion), a report said yesterday. According to an official with the State Administration for
        AFP  -  69 words
      • Article
        Lock icon Call for direct Taiwan-China flights
        64 4 AFP TAIPEI Direct air links between Taiwan and China could save up to US$l5O million a year in travel expenses for people from the island, a report said yesterday. In the report, professor Tsao Sho-teh of National Taiwan University's civil engineering department suggested the Taipei
        AFP  -  64 words
    • Article, Illustration
      Lock icon Deng still active as paramount leader despite frail health
      343 4 NYT, AFP BLUING Deng Xiaoping will celebrate his 90th birthday today with his hearing almost gone and his body racked by Parkinson's disease. But he is still playing an active, though more limited, role as China's paramount leader, US officials say.
      NYT,; AFP  -  343 words
    • Article
      Lock icon China battles to save crops from north's worst drought in 60 years
      160 4 AFP BEIJING As Hoods continue to ravage vast areas of China. provinces in the north and west of the country are battling to save their crops from the worst drought in 60 years. State Flood Control and Drought
      AFP  -  160 words
    • Article
      Lock icon Taiwan nod for China investments
      159 4 Reuter TAIPEI Taiwan has approved 31 projects, totalling US$6O million (Ss9o million), proposed for investment in China by local companies, including the first project by shipping giant Evergreen Marine Corp, the Economics Ministry said. Evergreen, one of the world's biggest container business groups, will build
      Reuter  -  159 words
    • Article
      Lock icon China urged to give up developing own computing system
      288 4 Bloomberg Business News BEIJING China should abandon efforts to develop a home-grown computing system and concentrate on developing less sophisticated integrated circuits such as memory chips, the China Daily quoted a Chinese computer expert as saying. Wang Xuan. director of the
      Bloomberg Business News  -  288 words
    • Article, Illustration
      Lock icon Typhoons may affect Taipei's 3rd-qtr growth
      261 4 Reuter TAIPEI A fourth typhoon in two months pounded Taiwan yesterday, leaving three people dead and two missing as the island marked an annual festival to placate its ghosts. Typhoon Fred dumped 180 mm of rain across northern Taiwan during Saturday night and early
      Reuter  -  261 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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      544 words
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  • REST OF ASIA
    • Article
      Lock icon India's naval chief wants bigger budget to expand blue water fleet
      455 6 Reuter BOMBAY India's naval chief has called for a bigger budget to expand the country's extensive blue water fleet in order to protect trade along India's sea lanes as it continues to open up its economy after decades of
      Reuter  -  455 words
    • Article
      Lock icon Heads of 3 top Seoul building firms charged with bribery
      253 6 Reuter SEOUL The heads of South Korea's three top construction companies have been charged with bribery and a former executive of another company is being investigated, state prosecutors said yesterday. Chairman Kim Woo Choong of the Daewoo Group, chairman Choi
      Reuter  -  253 words
    • Article, Illustration
      Lock icon Whale-watching
      32 6 Keuter YOKOHAMA A little girl coming face to face with a Beluga whale at Hakkeijima Sea Paradise here last Friday. The marine park is popular with both locals and tourists. Keuter
      Keuter  -  32 words
    • Article
      Lock icon Apec wants greater transparency in foreign investment rules
      159 6 Reuter TOKYO November's AsiaPacific Economic Cooperation meeting will call for greater transparency in foreign investment regulations and compensation to investors when a business is nationalised, the Nikkei said. Quoting a draft of an Apec gentlemen's agreement in a dispatch from Singapore, the
      Reuter  -  159 words
    • Article
      Lock icon Foreign Minister Evans sets sights on job as Aussie PM
      297 6 AFP SYDNEY Australian Foreign Minister Gareth Evans has confirmed he wants a safe Lower House seat to position himself as a possible successor to Prime Minister Paul Keating. Mr Evans told guests at a private function here last week he
      AFP  -  297 words
    • ASIA NOTES
      • Article
        Lock icon N Korean parliamentarian dies
        54 6 AFP TOKYO Choc Man Hyon. a deputy to North Korea's Supreme People's Assembly (parliament), has died. He was 75. A Korean Central News Agency report, monitored here, said yesterday that Mr Choc, also a member of the central committee of the ruling Workers' Party, died of
        AFP  -  54 words
      • Article
        Lock icon Tamils pledge support for new PM
        83 6 AFP COLOMBO Minority Tamils, who hold the balance of power following Sri Lanka's general election last week, yesterday pledged support for the new leftist government of Chandrika Kumaratunga. which they hope will end the dragging ethnic war. Prime Minister Kumaratunga took over office last
        AFP  -  83 words
      • Article
        Lock icon Doi on Asian visit
        45 6 AFP TOKYO Takako Doi, speaker of Japan's 511-member lower house of parliament, left yesterday for an 11-day tour of Malaysia. Singapore and China. Mr Doi is to return home on Aug 31 after meeting parliament leaders in the three countries. AFP
        AFP  -  45 words
      • Article
        Lock icon Murayama may go to China
        61 6 AFP TOKYO Japanese Prime Minister Tomiichi Murayama is likely to visit China for three days starting on Oct 8, the Sankei Shimbun newspaper said yesterday. Japanese officials have started consultations with their Chinese counterparts on the schedule for his visit. Mr Murayama leaves tomorrow for
        AFP  -  61 words
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      416 6 CWT WSTRIBUTIOffLIMITED Announcement Interim Results The Directors of CWT Distribution Limited wish to make the following announcement: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1994 GROUP COMPANY Half Year Half Year Half Year Half Year Ended Ended Ended Ended 30.06.94 30.06.93 30.06.94 30.06.93 SS'OOO Ss'ooo SS'OOO Ss'ooo Turnover
      416 words
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      123 words
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  • THE WORLD
    • Article
      Lock icon Crime Bill delayed to seek more votes in face of gun-lobby blitz
      426 7 Reuter WASHINGTON Democratic leaders delayed Congressional action on a sweeping Crime Bill yesterday amid uncertainty of whether there were enough votes to pass it in the face of a last-minute lobbying blitz by the gun lobby. The Bill,
      Reuter  -  426 words
    • Article
      Lock icon Poll gives Clinton poor chance for re-run
      272 7 Reuter NEW YORK If President Bill Clinton ran for re-election today, 55 per cent of Americans would be very or somewhat unlikely to vote for him, according to a new Time magazine/CNN poll. If the election were held today, Mr Clinton would lose
      Reuter  -  272 words
    • Article, Illustration
      Lock icon Mexican elections set to be most closely fought in nation's history
      350 7 Reuter MEXICO CITY Millions of Mexicans went to vote yesterday in a presidential election that could be the closest and most critical in the nation's history. Some experts were predicting a turnout of as much as 70 per cent
      Reuter  -  350 words
    • WORLD WATCH
      • Article
        Lock icon IRA preparing for ceasefire, says paper
        100 7 Reuter LONDON The Irish Republican Army is preparing to announce an indefinite ceasefire in its battle to oust Britain from Northern Ireland, perhaps as soon as this week, the Observer newspaper reported yesterday. All units of the guerilla group had been briefed, but were
        Reuter  -  100 words
      • Article
        Lock icon Foreigners firebombed in Germany
        108 7 Reuter BONN Unidentified attackers threw two firebombs at a house inhabited by foreigners in the southern German village of Mitterfelden early on Saturday, but no one was injured, police said. They said they were considering both racism and a personal feud as possible motives for the
        Reuter  -  108 words
      • Article
        Lock icon Italians exhume top civil servant
        87 7 Reuter ROME Investigators on Saturday exhumed the body of a senior civil servant implicated in Italy's corruption scandals after post-mortem reports said his mysterious death may have been murder. Sergio Castellan, director-general of the now defunct Ministry for State Investments, was found shot in the
        Reuter  -  87 words
      • Article
        Lock icon Uzbekistan offers to fend off Afghans
        95 7 AFP TASHKENT Uzbekistan said on Saturday it was ready to send more military aid to Tajikistan to counter Muslim guerillas based in Afghanistan, whose latest cross-border incursion this week cost 57 lives. Some 500 Uzbek border guards are already stationed at the border under
        AFP  -  95 words
      • Article
        Lock icon President re-elected in Guinea-Bissau
        64 7 AFP BISSAU Joao Bernardo Vieira was on Saturday re-elected President of the tiny west African state of Guinea-Bissau, the national electoral commission said, releasing the final results of his Aug 7 run-off with opponent Kumba Yalla. Final results showed Vieira had won 52 per cent with
        AFP  -  64 words
      • Article
        Lock icon Egyptian minister plans Israel visit
        71 7 AFP CAIRO Egyptian Foreign Minister Amr Mussa said on Saturday he would visit Israel "at the end of August" to discuss the Middle East peace process. He said he hoped an Israeli-Syrian peace accord would be signed before Israel's elections, set for 1996. He stressed
        AFP  -  71 words
    • Article
      Lock icon Kohl again urges Yeltsin to stamp out nuclear smuggling
      404 8 Reuter BONN Chancellor Helmut Kohl has sent a second letter to Russian President Boris Yeltsin in less than a week urging him to stop the smuggling of nuclear materials to Germany, a German newspaper reported. Germany has been worried about a
      Reuter  -  404 words
    • Article, Illustration
      Lock icon A bridge to nowhere
      54 8 AFP, Reuter ZAIRE BORDER Rwandan refugees crossing a bridge linking Bukavu in Zaire and Cyangugu in the French 'safety /one' of south-western Rwanda over the weekend in defiance of an order from Kinshasa. UN peacekeepers and Zairean paratroopers fired into the air to turn back the
      AFP,; Reuter  -  54 words
    • Article
      Lock icon Anger mounts in UK at size of execs9 golden handshakes
      208 8 Anger mounts in UK at size of execs 9 golden handshakes Reuter LONDON Financial rewards enjoyed by Britain's top executives are provoking an upswell of anger after a summer of high-profile "golden handshakes" and revelations of large profits to be had from executive share option schemes. Annual general meetings at
      Reuter  -  208 words
    • Article
      Lock icon Soviet Union still exists officially on paper in Russia
      161 8 AFP MOSCOW It's three years sinee the coup and two-and-a-half since the signature of the state's death warrant, but the Soviet Union is alive and kicking in a sea of official paper that has yet to catch up with reality. While
      AFP  -  161 words
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      Page 8 Advertisements Column 2
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  • SPORTS
    • Article, Illustration
      Lock icon Swimmers spearhead Aussie assault
      676 9 AFP VICTORIA, British Columbia Prowess in the pool kept Australia at the top of the medal standings on Saturday, but they couldn't keep all the gold to themselves on the second day of the 15th Commonwealth Games. Sri Lanka's shooters earned gold and silver a technical
      AFP; Reater  -  676 words
    • Article
      Lock icon Sri Lankans give their best shot
      499 9 AFP VICTORIA, British Columbia Lakshman Rajasinghe, a lieutenant colonel with the Sri Lankan army, rues the fact that he does not get enough time to practise with the rifle on a shooting range. He is usually busy on the battle field fighting against Tamil
      AFP  -  499 words
    • Article
      Lock icon Savouring a hole-in-one
      117 9 Reuter LONDON lain Pyman of Britain savoured the sweet taste of success on Saturday as a hole-in-one at the English Open golf championship earned him 13,750 pints of stout from sponsors Murphy's. The prize represented an hour's production at the company's brewery in Cork, Ireland. But the
      Reuter  -  117 words
    • Article
      Lock icon Footballers to declare their assets
      124 9 Reuter KUALA LUMPUR The Football Association of Malaysia, in a crackdown on widespread corruption, said all players and officials in its professional or premier had to declare their assets, local press reports said yesterday. "When they declare their assets, we will be able to identify
      Reuter  -  124 words
    • Article
      Lock icon Nothstein makes American history
      80 9 AP PALERMO, Sicily Martin Nothstein woo the world keirin title on Saturday night to become the first American man to win two gold medals in the same year at the World Track Cycling Championships. The 23-year-old American, who won the world sprint title on Wednesday 82
      AP  -  80 words
    • Article
      Lock icon Becker beats Stich in Volvo International
      73 9 Reuter NEW HAVEN, Connecticut In a somewhat bitterly contested match between German countrymen, third-seeded Boris Becker put out top-seeded Michael Stich 6-2 7-5 in the «*mifinflk of the Volvo International Tennis Tournament on Saturday. Becker, a runner-up here in 1986 in his only previous
      Reuter  -  73 words
    • Article
      Lock icon Ankle still troubles Sampras
      94 9 AP COMMACK, New York Pete Sampras, who will be top-seed-ed in the men's singles when the US Open begins later this month, still hasn't fully recovered from tendinitis in his left ankle. The world's top-ranked player was a last-minute entry last Friday for this week's Hamlet
      AP  -  94 words
    • Article
      Lock icon Schwarzenegger to watch WBO fight
      82 9 AFP HONGKONG Britain's world heavyweight champion Herbie Hide is set to share the bill with Hollywood star Arnold Schwarzenegger in the next defence of his WBO title here in October. Organisers are set to officially announce today that Hide will put his title on the
      AFP  -  82 words
    • Article, Illustration
      Lock icon Disappointed Clearwater takes one-point lead in International
      635 10 Golf AP CASTLE ROCK. Colorado Keith Clearwater was a disappointed leader after the third round of the PGA International. Clearwater held a one-point lead over US Open champion Ernie Els after Saturday's round, but all he could think about was how many points
      AP  -  635 words
    • Article, Illustration
      Lock icon Azinger to co-captain US team in Presidents Cup
      301 10 AP CASTLE ROCK. Colorado Paul Azinger, who returned to the US PGA lour last month after a year-long battle with cancer, has been conditionally selected as co-captain of the US' inaugural Presidents Cup team. Azinger's selection was announced on Friday by team
      AP  -  301 words
    • Article
      Lock icon Malcolm blasts out S Africa with fast bowling
      351 10 Reuter LONDON Devon Malcolm warned South Africa's batsmen after being hit by a bouncer and then ripped out nine of them on Saturday with a ferocious display of fast bowling. Malcolm almost singlehandedly set up a probable England victory yesterday with a
      Reuter  -  351 words
    • SCORE CARD
      • Article, Illustration
        Golf
        238 10 CASTLE ROCK, Colorado US$l.4 million International 3rd round (Modified Stabieford point scoring system: eagle 5 points; birdie +2 points; par=o points; bogey «-l point; double bogey or worse=-3 points; US unless stated); +30 Keith Clearwater 7 +12 11 +29 Ernie Els (SA) +5 7 17 +26 Tom Kite +4
        238 words
      • Article, Illustration
        Tennis
        53 10 INDIANAPOLIS, Indiana US$l.O4 million RCA Championships semifinals Saturday: 7-Wa>ne Ferreira (SA) b Alex Corretja (Spn) 6-1 6-2; Olivier Delaitre (Fra) b Bemd Karbachcr (Ger) 7-5 6-4. MONTREAL U*****,000 Canadian Open semifinals Saturday: 1-Steffi Graf (Ger) b 4-Mary Pierce (Fra) 6-3 6-4; 2-Arantxa Sanchez Vicario (Spn) b 3-Kimiko Date (Jpn)
        53 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      282 9 I |/-\VirYl IT* fll The following deserve 11UI1ULLL 11 i,. ,o 1 i 1 i 1 hereby nominate them: thesDgujsny 1 outstanding. j|| j_ i /0 t A Q&/ Jiniuevtavy I I OUTSTANDING MANAGER > I Company: HI I i BusmCSSTnneS I Address: I Businessman of the Year Enterprise Award
      282 words
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      Page 10 Advertisements Column 1
      290 10 Jf jT ft I m I i l( pP|^S«jpk^^ 111 m W I L Introducing The centre of gravity point of the clubhead and the area surrounding it is the "sweet spot." When the ball is struck in this area, what you'll get is greater distance. The DATA Sfrifs Of
      290 words
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      Page 10 Advertisements Column 2
      156 10 BUSINESS TIMES TOLL-FREE TEL No. 1-800-741-1883 FAX: 741-1298 DAIWA INSTITUTE OF RESEARCH (SINGAPORE) PTE LTD We are the research arm of Daiwa Securities Ltd and have vacancies for the posts of:Economist The desired candidate should have a recognised Economics degree and with at least two years relevant working experience in
      156 words
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  • Business IT
    • Article, Illustration
      Plenty to show at Windows Expo
      663 11  -  Did the event live up to expectations? David Mok finds out David Mok Windows Expo '94, held from Thursday to Saturday last week, saw around 11 ,(XX) people hoping to view the latest and best hardware and software produets in the Windows world of
      663 words
    • Article, Illustration
      Chicago will now be available in April '95, S'pore execs told
      326 11 THE flight to Chicago, scheduled for "beginning 1995," is delayed. But only until April next year, a top Microsoft executive promised a Singapore audience at the Windows Expo '94 software show last week. Chicago is the codename for the
      326 words
    • Article
      PC growth strong in US, Europe
      508 11  -  Compaq heads the pack and plans a new charge with steep price cuts, reports Claire Leow Claire Leow AGAINST expectations, shipments of personal computers rose a strong 23 per cent in the United States in the second quarter while Europe reported a rise of
      508 words
    • Article, Illustration
      Unisys enters PC market with direct marketing
      484 12  -  By Joseph Rajendran US COMPUTER major Unisys last week became the latest large-systems computer maker to enter the burgeoning and competitive regional personal computer market. But company officials announcing the Asian launch described the effort as a "moderate business plan." Unisys marked its
      484 words
    • Article, Illustration
      Synoptics-Wellfleet merger to create new class of products
      403 12  -  By Joseph Rajendran SYNOPTICS Communications 1 proposed acquisition of Wellfleet Communications will generate a new class of technology and products within two to three years. US-based Synoptics vicepresident for technology and product management Dominic Orr, who was in Singapore recently, said the
      403 words
    • Article
      Good response to anti-software piracy campaign
      502 12  -  By David Mok SINCE launching its hotline reward campaign last Wednesday, the Business Software Alliance (BSA) says that the phone has been ringing ofT the hook. Alban Kang, a lawyer from the law firm running the hotline for the BSA, said: "The response so
      502 words
    • Article
      Lotus Release 5 allows backward compatibility
      264 12  -  By Markos Tando LOTUS 1-2-3 Release 5 for Windows, a major upgrade of the world's leading spreadsheet program, will allow 1-2-3 users to maintain full backward compatibility with previous releases of 1-2-3, Lotus executives said at the product's local launch last week. Despite adding
      264 words
    • TECH TAKES
      • Article, Illustration
        Epson's latest laser printer
        72 12 SINGAPORE Epson Singapore has launched its EPL-5600, a 600 by 600 dots per inch (dpi) laser printer best suited for desktop publishing and business graphics presentations. Equipped with an optional Epson Script Level 2 board, the EPL-5600 can generate 77 grey scales output at 106 lines
        72 words
      • Article
        Singapore Post in joint venture
        68 12 SINGAPORE Singapore Post, a subsidiary of Singapore Telecommunications Ltd, and German giant Siemens Nixdorf Information Systems have set up a new joint venture to provide a new one-stop electronic printing and mailing service in the Republic. Siemens Nixdorf will provide the printer systems and technological
        68 words
      • Article
        Digital launches two workstations
        93 12 SINGAPORE Digital Equipment has launched two new workstations the DEC 3000 model 700 AXP and model 9000 AXP. Both machines, powered by the Digital Alpha AXP microprocessor, incorporate CMOS-5 technology. The model 700 is powered by a 225 Mhz chip and delivers a Specint92 performance of
        93 words
      • Article
        Systems Technology gets varsity deal
        62 12 SINGAPORE The Nanyang Technological University has awarded two contracts to local PC maker Systems Technology to supply 70 units of its Ranger Pentium and 30 units of 486DX266 Mhz PCs. The PCs will be installed at the School of Electrical and Electronic Engineering for the
        62 words
      • Article
        Unisys China into radar systems
        68 12 SINGAPORE Unisys China, a wholly owned subsidiary of Unisys, and the China Meteorological Administration will set up a joint venture to develop and produce a new Doppler weather radar. The new radar, to be called the China New Generation weather Radar, will be produced in
        68 words
      • Article
        Wyse, Intel in China venture
        41 12  -  Compiled by Joseph Rajendran LOS ANGELES Wyse Technology said it and several other US computer hardware and software companies have formed a joint venture to provide computer information systems throughout the People's Republic of China. Reuter
        41 words
    • It's happenin'
      • Article
        Meet on technical support services
        51 12 SINGAPORE Wellfleet communications is holding its annual WIN Partners Service Business Conference on Aug 30 at the Westin Plaza. The conference aims to provide insight into the growth of service business in the internetworking market and strategies for effective support services. To register, call 323
        51 words
      • Article
        Business process engineering workshop
        50 12 SINGAPORE Texas Instruments is conducting a business process engineering workshop from Sep 12 to 14. The workshop is designed to give participants the tools and techniques to plan and undertake business process engineering projects for their own companies. For more information, call Lilian on 838 5250.
        50 words
      • Article
        Talk on operating system of the future
        75 12 SINGAPORE This year's ICIS (Information Communication Institute of Singapore) annual lecture will be on "The Operating System of the Future." The speaker will be Dr Dennis M Ritchie, head of the Computing Techniques Research Department at AT&T Bell Laboratories and one of the
        75 words
      • Article
        Seminars on HR management software
        44 12 SINGAPORE Ready Software Pte Ltd is conducting free seminars on its Ready People suite of human resource management software. The seminars are held from 10 am to 12 noon on Tuesdays and Thursdays. For more information, call 224 1243,
        44 words
      • Article
        Information management conference
        44 12  -  Compiled by David Mok SINGAPORE The National Computer Board is co-sponsoring an international conference called "Standards for Document and Information Management." It will be held at the Regent Hotel from Oct 10 to 12. To register, call Kennedy at 772 0904.
        44 words
    • Article, Illustration
      Memorex Telex: out of the woods, finally?
      589 13  -  Having come out of bankruptcy protection the firm is in for good times. Robert lau. chairman of Memorex Singapore, tells David Mok InTerView David Mok Amsterdambased Memorex Telex NV emerged from Chapter 11 bankruptcy protection at the end of March this year. It
      589 words
    • Article, Illustration
      When scalpel and computer join hands
      753 13  -  IT THE NEXT WAVE Luis Serra highlights virtual reality applications in surgery and research being done in Singapore Luis Serra The writer is a member of the research staff at the Institute of Systems Science. National University of Singapore, where he leads research in
      753 words
    • Article
      Lock icon Woodstock: reviews from cyberspace
      147 13 NYT WHEN the music died down at Woodstock *94. concert goers with access to computer terminals and phone lines typed personal observations, opinions and reviews on the Internet. America Online, the Well and other computer networks and bulletin-board services. Here are some words from the front,
      NYT  -  147 words
    • Article, Illustration
      The picture is just a mouse click away
      923 14  -  Seamus Phan describes how digital stock photographs are changing the art direction landscape Kodak's Picture Exchange allows you to dial up through a modem and view thumbnail images on your computer monitor. Seamus Phan The writer has been a desktop publishing/prepress and
      923 words
    • Article
      Stochastic Screens: a production manager's perspective
      500 14  -  LETTER Ronnie Poon Singapore 1543 PLEASE allow me to comment on Seamus Phan's article Stochastic Screens panacea Jor poor print quality? in the BusinesslT issue of August 8. Over the years, we have seen many eras of technology intrusion ending up dead at beta
      500 words
    • Article
      Solutions on the way
      397 14 The writer replies OF COURSE, AM screening can still be improved. But what else can we do to improve printing in more ways than one? In the case of bad printing with many variables, we can solve more problems by generating more possibilities of solutions. The
      397 words
  • Page 11 Advertisements
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      326 11 I II !^^Sijjj|jjjjjjj||| ■—i 'I Mini i 1 jijiLiiiHi'i *1 I B# < flHr^^l -~~**>gr ~<j^h r VHF 4 jg% fli a eac^ international retail branch offices worldwide, marked reduction in the time it flr Mi| *jmj bank with some 580 offices in The system provides the Bank takes to
      326 words
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      41 12 lb Protect Your Choose Wisely. Cowpo Nome Address Vo|t)2tllTli, VwrbcrtimMarketing(S)HeUd [nOpfalDhk Pl®* r~|ciCl4/«--C«*V 54 Genling Lane, Hang Kit Connie* 2103-04 Architect of Memory Singapore 1334. fci *****20 Fopc *****82 Name: Plerne mail your reply coupon to our Regional Office in Singapore
      41 words
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      Page 12 Advertisements Column 2
      26 12 m mMm--<-Vr ow you can experience mm/ WArr LESS NESS M in computing software solutions on PC and Apple platforms... <04-01 Funan Centre Tel: 338 2MB
      26 words
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      441 13 Legal and Security Issues of EDI Dr Toh See Klat, Advocate Solicitor the Supreme Singapore, holds a PhD (London), LLM (Harvard), LLB (Hons. Sin B a P°£*s* H r Mr Ho Wah Lee is a Director with BASE-IT Consultants Pte Ltd. The increasing use of Electronic Data Interchange (EDO has
      441 words
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      Page 13 Advertisements Column 2
      278 13 ******************************14 W CANADIAN TECHNOLOGY SHOWCASE W FEATURING m TELECOMMUNICATIONS INFORMATION TECHNOLOGY The following Canadian companies will be presenting and exhibiting their innovative technologies: m Calian Technology Ltd. Cognos Far East Digital Imaging Asia Pacific ■i EDA Instruments M3i Systems Mitel Semiconductor MPB Technologies m wm MPR Teltech Newbridge Networks SACDA
      278 words
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      21 14 Computer!! UIZZI'Z t *i*»byces of information delivered late? Boost Pniductivlty :>vlsuggest you become a your customers with the Operations. f wmm-*
      21 words
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      Page 14 Advertisements Column 2
      82 14 Personal touch. Gracious living. Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all, that warm family atmosphere
      82 words
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      Reshaping operations
      1586 15  -  In this age of intense competition, businesses that do not stay relevant very quickly go the way of the dodo. Richard Pascale tells how Europcar reinvented itself in quick time Richard Pascale Dr Richard Pascale. an internationally known consultant and lecturer based in San Francisco, will be in
      1,586 words
    • Article
      The human connection to quality
      1000 15 Quality the popular, yet elusive, concept is being touted as the "panacea" of the 90s. Slogans abound, organisations commit time and money and resources in search of the coveted Malcom Baldrige National Quality Award, and the need for training has never been so pressing. Why
      1,000 words
    • Article, Illustration
      EXECUTIVE MOVES
      337 15 ICI Paints (S) Pte Ltd recently appointed Lew Yick koon managing director. Mr Lew first joined ICI Paints in Petaling Java, Malaysia, in their technical department. He has been with the company for 22 years and has held several senior positions as corporate planner and general manager. ICI-NOF
      337 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      174 15 YOUR DAILY GUIDE The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a house painter or art instruction, Classified has what you're looking for! Just call 737-1166. 737-»l«« m University of South Australia International Focus Strengths and Advantages Focus on emerging management environment International
      174 words
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      Page 15 Advertisements Column 2
      132 15 Would you believe a great meal in a ...maybe even less! Avgus* Promotion ★1 fof -1 for any Live Seafood ordered +PLUS 20% off on all A la Carte items except Live Seafood Coffer !C* Privilege Card for your next visits 'm EXECUTIVE SET LUNCH DINNER FOR 4 PERSONS (LUNCH
      132 words
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      538 16 &i Nothing Beats A Bud. or X— FRESH .PASTA DAI LY. W From Pasta Fresca. The only restaurant to make its own specialty pasta. Fresh, everyday. Savour perfect pizza, great y gelafi and terrific tiramisu. All topped with Italian hospitality. Poira Fresco Da Satvator* Pt» Ltd 30 800 l Quay.
      538 words
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      Page 16 Advertisements Column 2
      347 16 I" ——————I WHERE TO WINE, DINE AND ENTERTAIN A Thai Food Jr Desserts Festival 8-28 August Try a sumptuous Thai buffet with a whole array of the most delicious desserts prepared by Thai chefs from Royal Princess Hotel. Bangkok. Available for lunch or dinner at $18.50 (adult) $12 (child). Menu
      347 words
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      Page 16 Advertisements Column 3
      278 16 j WHAT'S HAPPENING [I Ih. ON TUESDAY NIGHT |JL jr AT THE NEPTUNE. V I Every Tuesday night. The Neptune is reserved for all who love ballroom dancing I Special trt dinner menu available at $3} per penon I 11 7th rtoor Uwnni Un>ofl Hou* Collyrr Qu*y Singapore 0104 Td
      278 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Biography: prurience or the pursuit of truth?
      1239 17  -  One of the most popular literary forms is biography. But, says Jackie Wullschlager, its days may be numbered Jackie Wullschlager, FT WH AUDEN thought it should never have been written. The critic Dame Helen Gardener called it "a directory for consenting adults". From
      FT  -  1,239 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      59 17 I Pasta B ravel announces a new H I A La Carte Menu I S Executive Set Lunch at $18 B Opening hours. I 12 2.30pm (Lunch) and 5 6.30pm 10.30pm (Dinner). m B '"pen#** ltd**" 9 PASTA KAVA 8 D ITALIAN RESTAURANT H II Crmijf Road, Tanjong Pajjar Singapore
      59 words
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      Page 17 Advertisements Column 2
      36 17 11 I EVERYBODY'S fr"\ ■><>»•' m J lL— 1 Save lime, money ond steps. \ll>v Before you ito any place else, <dL lake a walk Uvough The (POT SUalls Times ClassKlcd (or cjSm. the t>esl bargains aroundl
      36 words
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      Page 17 Advertisements Column 3
      10 17 BEST VALUE TO JAKARTA EVERY TUESDAY AND SUNDAY ON AIR-INDIA
      10 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      226 17 I WEATHER Singapore: Showers over several areas m the late morning and afternoon. (Temperature range: 26-32) Asia-Pacific HI/IV Cond. Euro* Hi/la* Cand Buenos AM* 14,08 Clear Auckland 14/05 Ram Amstertum 18/11 Cloudy Chicago 38/17 Ram Bangkok 32/25 Ran «l*n». 36/24 Clear Honolulu 33/27 Clear Beijing 33/24 Cle» Bertm.. 19/12 Cloudy
      226 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1148 17 TV RADIO When Love Kills: The Seduction of John Hearn, 11pm, SBC 5 gr± John Hearn (Gary Cole) is a Ufp if t j\ Vietnam vet who specialised in JBV covert operations. He goes ?//&!&.j/jZt&njflffif JH^HRE commercial, and meets a foxy ♦!Bl\Wi l£fl A lady (Marg Helgenberger) who A IjJluf/'
      1,148 words
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  • Article
    US impasse may stall Gatt Bill
    498 18  -  From Leon Hadar in WASHINGTON DEMOCRATIC law-makers are demanding that President Bill Clinton reinstate provisions on worker rights and the environment into "fast-track" negotiating authority rules that are part of a congressional Bill to implement the Gatt trade accord. Some Republicans are requesting that
    498 words
  • Article
    Lock icon Treasurer admits surprise at Aussie economic, jobs growth
    356 18 AFP SYDNEY The rapid growth of the Australian economy and the rate at which unemployment was falling had taken Canberra by surprise, Treasurer Ralph Willis admitted yesterday. In an upbeat economic assessment, he said Canberra was "quite confident" about a strong Australian
    AFP  -  356 words
  • Article
    Lock icon Bank of China to limit lending for foreign-funded enterprises
    300 18 AP, AFP BEIJING China's main foreign exchange bank, the Bank of China, is becoming more selective in granting loans to for-eign-funded enterprises, an official report said yesterday. Because demand is far higher than the bank's lending capacity, the Bank of China
    AP,; AFP  -  300 words
  • Article, Illustration
    Lock icon Togetherness
    35 18 AFP HELSINKI, Finland Twelve members of the Sky Breakers Club hanging together on the same rope during the Helsinki Water Festival on Saturday, after setting a new bungee world record in group jumping. AFP
    AFP  -  35 words
  • Article, Illustration
    WWII remarks of Japan ministers more than a mere aberration
    985 18  -  The Bottom Line TYE KIM KHIAT TYE KIM KHIAT The writer is a BT copy editor SO ANOTHER Japanese minister has committed seppuku (ritual suicide), although symbolic. Like the samurais of yore who failed their lords. Shin Sakurai knew full
    985 words
  • Article
    Lock icon Ramos orders privatised firms to use state insurance
    199 18 AFP MANILA President Fidel Ramos yesterday issued an order to all partially-privatised government firms and companies building infrastructure through the "build-operate-transfer" (BOT) scheme to insure their assets with the Government Service Insurance System (GSIS.) In a palace statement. Mr Ramos said that
    AFP  -  199 words
  • Article
    Lock icon Indon military rules out talks with new leader of East Timor rebels
    294 18 AP JAKARTA Indonesia's military in East Timor yesterday ruled out negotiations with a rebel who has emerged as the apparent leader of the region's pro-independence forces. Konis Santana, the self-pro-claimed new leader of the Revolutionary Front for an
    AP  -  294 words
  • Article
    Lock icon Sydney clearing house adopts Span margining system
    181 18 Reuter SYDNEY The Sydney Futures Exchange Clearing House said it will introduce a global, industry standard margining system for futures and options today. It said the Standard Portfolio Analysis of Risk (Span) system, developed in 1988 by the Chicago Mercantile Exchange, was now
    Reuter  -  181 words
  • Page 18 Advertisements
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      72 18 Pwosmmon EQUIPmEnT Sole Distributor for Asean: GOLFMASTER PTE LTD Park Mall #01-10 Tel: *****44 Fax: *****19 Since 1 January 1994, S AVI LLS HAS ACQUIRED £124,200,000 OF COMMERCIAL PROPERTY IN LONDON, AND THROUGHOUT THE U.K. FOR THEIR CLIENTS. For further information, please contact: In association with Savills HiWl SAVILLS 733
      72 words
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      Page 18 Advertisements Column 2
      38 18 tour ptoyar on equipment pifloffMnct /jfl la ■dvi»or Sk I yy Singapore Kuala Lumpur NGEE ANN OOEON TOWERS MENARA IMC CITY (Opp Rattles tj (Opp Shangri-La Hotel) (Orchard Road) Hotel) QUALITY INSTANT OFFICES Tel 65-*****43 Fax 65-*****76 MWCIWTH
      38 words
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  • COMPANIES & MARKETS
    • Article
      Flextech expected to offer 20m shares at 57 cents each
      409 19  -  By Joseph Rahendran SINGAPORE Diversified electronics and computer group Flextech Holdings, which will launch its initial public offer today, is expected to offer 20 million shares. The issue, which is being lead managed and underwritten by N M Rothschild Sons
      409 words
    • Article
      Kepphil to raise 433m pesos through issue of 200m new shares
      407 19  -  Frm Al Labita in MANILA MANILA A Keppd Group member here plans to issue 200 million shares to raise 433 million pesos (S$24.S million) for working capital and stock dividends. The plan was outlined in a registration statement filed
      407 words
    • Article
      Lock icon Lehman says NSTP shares attractive despite recent rise
      271 19 MBT KUALA LUMPUR Lehman Brothers says New Straits Times Press (Malaysia) Bhd (NSTP)'s share price is attractive despite the recent rise in the stock price and recommends investors to buy. The Hongkong-based investment house said in a statement that it has raised
      MBT  -  271 words
    • Article
      Pacific Dunlop shows way for Aussie manufacturers in China
      718 19  -  By Peter Osborne SINGAPORE Diversified Australian manufacturer Pacific Dunlop Ltd's announcement last week that it was expanding further into the burgeoning Chinese market in a As 24 million (Ss27 million) joint venture producing lead industrial batteries, proves again its China ties
      718 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Rights proceeds will wipe out MHE debts
          129 20 SINGAPORE Sesdaq-listed Material Handling Engineering (MHE) will virtually wipe all debts on its balanee sheet when it uses some $6.3 million of the $9 million to be raised from its rights issue to repay borrowings. The repayment of borrowings will result in interest
          129 words
        • Article
          CCM posts 19pc rise in profit
          67 20 SINGAPORE Chemical Co of Malaysia Bhd (CCM) has reported a 19 per cent rise in pre-tax profits to M 534.9 million (5520.5 million) for the six months ended June 30. This was achieved on the back of a 6 per cent rise in turnover
          67 words
        • Article
          KL firm gets nod for Indian deal
          63 20 SINGAPORE The Foreign Investment Promotion Board of India has approved a Malaysian company's proposal to invest 300 million rupees (S$ 12.9 million) in Madras-based Kaufmann Leather Works Pte Ltd. Yeoh Lien Se MRY Associates Sdn Bhd proposed to buy a 60 per cent
          63 words
        • Article
          Backing for Koala's hotel bids
          108 20 SINGAPORE Malaysian businessman Lau Eng Guan is backing listed Koala Corp Australia Ltd, in which he has a 40 per cent share, in its bid to buy two hotels in south-east Queensland for AS6 million (556.66 million) to As 7 million. Mr Lau, who owns
          108 words
      • Article
        Untitled
        516 20 MaMfarV prfcM Aug 20 22 Mendaki Gr Fund 1.20 1.23(8 Singapore Unit Trust usc,rFund 100 104 rSTL 72 76 UMB Invest Mgt Ltd The Savings Fund 1.59 1.68 Unifund 1.55 1.61 S'porc Prog Fund 0.72 0.76 Unibond f 1.035 1.060 S'porc See Fund 1.04 I.IOxd United Gr Fund 1.74 1.81
        516 words
      • Article
        Gajah Surya Finance buys six companies for 134b rupiah
        544 20  -  Firm being transformed into broad-based financial services group From William Chia in JAKARTA LISTED PT Gajah Surya Multi Finance, a smallish finance company belonging to the diversified Gadjah Tunggal group, has just completed a 134.42 billion rupiah (SS94 million) acquisition exercise.
        544 words
      • Article
        Lock icon Guinness' pre-tax profit soars 194pc
        198 20 Bernama KUALA LUMPUR Guinness Anchor Bhd has chalked up a group pre-tax of M 546.08 million (5527.09 million) for the six months ended June 30, 194.3 per cent higher than the M$ 15.66 million recorded in the previous six-month period in 1993. Releasing its unaudited
        Bernama  -  198 words
      • Article
        Lock icon Profit of Bangkok Bank's broking arm up 66pc
        249 20 Bernama BANGKOK Asia Credit pic, the main brokerage and investment bank subsidiary of Bangkok Bank pic, said its net profit for the three months ended June 30 was 237 million baht (5514.4 million), a 66 per cent rise from the same period
        Bernama  -  249 words
      • Article
        Lock icon Sedap may sell food business if the price is right
        401 20 Bernama KUALA LUMPUR Sedap Food Confectionery Bhd, a second board company controlled by up-and-coming bumiputra entrepreneur Amin Shah Omar Shah, may hive oflf its food business "if the price is good". Alternatively, he said that even if the food business
        Bernama  -  401 words
      • Article
        Lock icon Thai and Malaysian stockmarkets waltzing along together
        874 20 MARKET WATCH Both bourses seem in favour with foreign funds again The Economist LONDON Like twins separated at birth, Thailand's stockmarket and its Malaysian sister exhibit the same behaviour patterns, even though they are hundreds of miles apart. This year the two markets,
        The Economist  -  874 words
      • Article
        Ayala rides buoyant Philippine economy to 65pc interim gain
        391 20  -  From Al Labita in MANILA AYALA CORP. one of the Philippines' top conglomerates, posted a hefty 65 per cent jump in first-half profit to 1.61 billion pesos (Ss93 million). In a report on Friday to the Securities and Exchange Commission, Ayala
        391 words
      • Article
        Lock icon Malaysian Plantations forecasts consolidated profit of M$13m
        375 20 MBT KUALA LUMPUR The consolidated profit of Malaysian Plantations Bhd (M Plant) is forecast at M$ 12.86 million (557.52 million) for the financial year ending March 31, 1995. This is after its proposed one-for-two rights issue as against M 55.43 million before the
        MBT  -  375 words
      • Article
        Lock icon India's Reliance eyes global role with move into telecoms, energy
        490 21 Reuter BOMBAY India's largest private company. Reliance Industries, is poised to become a big global player as it prepares to enter the key telecommunications and energy sectors, chairman Dhirubhai Ambani said on Friday. Mr Ambani told shareholders at the petrochemical
        Reuter  -  490 words
      • Article
        Lock icon Guangdong Investment to raise HK$2 billion
        166 21 Bloomberg Business News HONGKONG Guangdong Investment, a Hongkong-based investment holding company, will soon announce plans to raise HKS2 billion (SS 194.4 million) through a new share placement, the South China Sum/ay Morning Post reported, citing an unidentified banking industry source. The company will issue
        Bloomberg Business News  -  166 words
      • Article
        Lock icon Wal-Mart forms JV to operate stores in China, HK
        257 21 Bloomberg Business News BENTONVILLE, Arkansas Wal-Mart Stores Inc last Friday said it formed a joint venture to operate its discount stores and warehouse membership clubs in Hongkong and China. The venture with Ek Chor Distribution System Co could enable it to
        Bloomberg Business News  -  257 words
      • Article
        Aussie drug firm seals A$40m Guangdong deal
        199 21  -  From Brian Gomez in SYDNEY AN Australian pharmaceutical producer, FH Faulding Co Ltd, has concluded a As4o million (5544.4 million) joint venture under which it will produce Western and traditional Chinese medicines in China's Guangdong province. Describing the event as a "great leap
        199 words
      • Article
        Lock icon Canada's Seagram plans to bottle, sell Scotch whisky in India
        290 21 Bloomberg Business News NEW DELHI Seagram Co Ltd of Canada will begin bottling and selling four of its brands of Scotch whisky in India later this year, the company announced. Seagram has set up an Indian company called Seagram India
        Bloomberg Business News  -  290 words
      • Article
        Lock icon Edgar Cheng set to be HKSE chairman
        65 21 Bloomberg Business News HONGKONG Edgar Cheng is the leading candidate to be appointed chairman of the Stock Exchange of Hongkong, the South China Sunday Morning Post reported. Mr Cheng is a son-in-law of Wharf Holdings founder YK Pao and head of a private
        Bloomberg Business News  -  65 words
      • Article
        Lock icon Cel files for Chapter 11 protection
        74 21 Bloomberg Business News NEW YORK Cel Communications Inc said that threatened litigation and years of losses from its television production division have forced the company to file for protection under Chapter 11 of the US Bankruptcy Code. The company said it reached a preliminary
        Bloomberg Business News  -  74 words
      • Article
        Lock icon Mitsubishi to shift video production
        85 21 Reuter TOKYO Mitsubishi Electric Corp plans to halt domestic production of lower-priced video recorders by the end of 1995 and have them all made by subsidiaries in Britain and Malaysia, the Nikkei reported. It will continue to make higher value-added recorders professional models and top-notch
        Reuter  -  85 words
      • Article
        Lock icon BellSouth settles overcharging issue
        77 21 Bloomberg Business News WASHINGTON Bell South Corp has agreed to pay the government US$B4O,OOO (551.27 million) to settle allegations that the company overcharged the federal government for telephone switches. The Justice Department alleged that Bell South Communications Systems and its predecessor company Universal Communications Systems failed
        Bloomberg Business News  -  77 words
      • Article
        Lock icon America Online wraps up Redgate buyout
        98 21 Bloomberg Business News VIENNA, Virginia America Online Inc said it has completed its acquisition of Redgate Communications Inc, which is expected to strengthen America Online's interactive services franchise and speed its entry into multimedia services. The transaction, which is valued at US$3O million (S$4S.6
        Bloomberg Business News  -  98 words
      • Article
        Lock icon Developer China Vanke's profit up
        118 21 Bloomberg Business News SHENZHEN China Vanke, an urban residential property developer, said its net profit rose 13.9 per cent in the six months ended June 30, 1994. Profit after tax and minority interests rose to 82.3 million yuan (5514.6 million) from 73.0 million yuan in
        Bloomberg Business News  -  118 words
      • Article
        Lock icon Alcatel, Aerospatiale join Dasa in talks on satellite deal
        437 22 Bloomberg Business News PARIS The French telecommunications company Alcatel Alsthom SA wants to join Deutsche Aerospace and France's Aerospatiale to form a satellite manufacturer that would be Europe's largest and the third-biggest worldwide, the German company said. Talks among the three
        Bloomberg Business News  -  437 words
      • Article
        Lock icon Crimes authority probe of Elliott may spread to BHP, says paper
        292 22 Reuter MELBOURNE Australia's watchdog against organised crime, the National Crime Authority (NCA), may soon begin an investigation of the Broken »Hill Pty Co Ltd's defence of a 1986 takeover bid, Melbourne's The Sunday Age < newspaper reported. No BHP
        Reuter  -  292 words
      • Article
        Lock icon Irish food group Kerry expects 10pc rise in profit
        389 22 Reuter DUBLIN Ireland's largest food group Kerry Group pic should announce a 10 per cent rise in pre-tax profit to around 15 million Irish pounds when it reports half-year results tomorrow, analysts said. Helped by the good performance of its food
        Reuter  -  389 words
      • Article, Illustration
        Lock icon Israel braces for market plunge over gains tax
        436 22 Reuter JERUSALEM Israel's finance minister and its central bank chief on Saturday tried to prepare investors for a widely expected "Black Sunday", when the Tel Aviv stock market reopens under the shadow of a looming capital gains tax. Brokers have predicted losses
        Reuter  -  436 words
      • Article
        Lock icon Macy, Federated merger passes US anti-trust review
        274 22 Bloomberg Business News WASHINGTON The US$4.l billion merger of Federated Department Stores Inc and RH Macy and Co moved a step forward yesterday as the Federal Trade Commission cleared the combination without comment. "As far as (the FTC) is concerned, the merger can
        Bloomberg Business News  -  274 words
      • Article
        Lock icon Canadian regulator to remove obstacle to Lac takeover
        311 22 Reuter TORONTO Canada's chief securities regulator pledged to lift Lac Minerals Ltd's poison pill if more than 66 per cent of the company's shareholders accept takeover offers filed by competing bidders Royal Oak Mines Inc or American Barrick Resources Corp. The commission's
        Reuter  -  311 words
    • FINANCE & COMMODITIES
      • Article
        Funds managed worldwide hit US$6,400b last year
        540 23  -  From Neil Behrmann in LONDON INSTITUTIONS based in major North American, European and Far Eastern cities manage equities worth around US$6 trillion (Ss9 trillion). Tokyo, followed by London, New York, Zurich and Boston are the cities wielding the most power in fund management,
        540 words
      • Article, Illustration
        Lock icon First Palestinian-owned bank opens
        45 23 AFP RAMALLAH A Palestinian cashier counting Israeli shekels in the Commercial Bank of Palestine, which opened its first branch here on Thursday. The Commercial Bank of Palestine is the first Palestinian-owned bank with a capital of US$l3 million (5519.6 million). AFP
        AFP  -  45 words
      • Article
        Lock icon Indian business hails rupee reform as prelude to full convertibility
        328 23 AFP BOMBAY Indian business has welcomed the freeing of the rupee on the current account. saying it would step up foreign cash inflows, investment and lead to full convertibility. The central bank's Friday order, lifting all restrictions on the currency's
        AFP  -  328 words
      • SMALL CHANGE
        • Article
          Lock icon China to review futures exchange rules
          79 23 Bloomberg Business News BEIJING The Securities Regulatory Commission, China's securities watchdog, is tightening its control of the country's fledgling futures exchanges to halt their "blind development," the official China Daily reports. All exchanges and brokerages will have their operations re-examined and will have to
          Bloomberg Business News  -  79 words
        • Article
          Lock icon Sun Hung Kai venture raises US$100m
          67 23 Bloomberg Business News HONGKONG Beijing Sun Dong An Company Ltd, a joint venture of Hongkong's Sun Hung Kai Properties and Beijing Dong An Group, has raised US$lOO million (SSISI million) to help finance construction of a shopping plaza in Beijing. In a statement, Sun
          Bloomberg Business News  -  67 words
        • Article
          Lock icon Spanish firm sells stake in bank
          69 23 KnightRidder MADRID Spain's Banco Santander sold a 1.47 per cent stake in Banesto bank on Aug 10, according to a communication sent to the National Securities Market Commission. The buyer was not identified. Neither Santander nor Banesto would comment on the sale. "The name
          Knight- Ridder  -  69 words
        • Article
          Lock icon Renong in Uzbekistan venture
          102 23 MBT KUALA LUMPUR Renong Bhd and two of its Malaysian associates, together with two parties from Uzbekistan, are believed to be in the final stages of negotiations to form a joint venture bank in Uzbekistan. Discussions on the venture between the Malaysian construction giant and the
          MBT  -  102 words
      • Article
        Lock icon Bank Industri to buy 55pc of Namibian bank
        204 23 Bernama KUALA LUMPUR Bank Industri Malaysia Bhd proposes to take up a controlling 55 per cent equity in a Namibian bank. City Savings Bank Ltd, to tap development Financing opportunities in the newly-independent state. Its executive director, Saleh Gha/ali, said the negotiations
        Bernama  -  204 words
      • Article
        Lock icon Foreign, Seoul banks must reveal bad loans
        222 23 AFP SEOUL Foreign and local commercial banks here will have to make public large-scale bad loans and financial "incidents" from next month, officials of South Korea's Office of Bank Supervision (OBS) said on Friday. Under the new regulation, the banks will have to
        AFP  -  222 words
      • Article
        Lock icon US steps up checks on derivatives trade abroad
        208 23 Knight-Ridder TOKYO US banking regulators, including the Office of the Comptroller of the Currency, are beefing up oversight of US bank derivatives activity at overseas branches. US nationally chartered banks with branches here report that the OCC is sending auditors to check
        Knight-Ridder  -  208 words
      • Article
        Lock icon French bank plans US$200m China fund
        215 23 AFP BEIJING A French bank is preparing to establish a China fund to raise US$2OO million (SS3OO million) for the country's post-telecommunication industry, the China Daily Business Weekly said yesterday. The closed-end fund will be launched in two phases in the form of share
        AFP  -  215 words
      • Article
        Lock icon China to be more active in bond markets
        196 23 Bloomberg Business News BEIJING China's finance ministry says the country is looking to sell new debt issues in international bond markets, the official China Daily reports. "This is the right time for China to tap the international capital market since the country's
        Bloomberg Business News  -  196 words
      • Article
        Lock icon Indian coffee growers vow to fight export curbs
        599 24 Reuter BOMBAY India's coffee growers are up in arms against export curbs which they say will stifle the coffee industry at a time when world prices are booming. CofTee growers, who met at the southern Indian town of Chikmagalore on Wednesday, vowed
        Reuter  -  599 words
      • Article, Illustration
        Lock icon Gold price soars on report of inflationary trend in US
        458 24 Reuter NEW YORK Gold prices bounced up on Thursday after a higher US trade deficit with Japan weakened the dollar and a regional survey from the Philadelphia Federal Reserve Bank hinted at inflationary pressures in the economy. December gold gained
        Reuter  -  458 words
      • Article
        Lock icon Indonesia lauds Opec effort to respect quotas
        146 24 AFP JAKARTA All members of the Organisation of Petroleum Exporting Countries (Opec) were respecting their respective output quotas, Indonesian Mines and Energy Ida Bagus Sujana said on Friday. "Opec's total production up to the second week of August 1994 even stood at some
        AFP  -  146 words
      • Article
        Lock icon Bangladesh agrees to cut tariffs for M'sia palm oil
        277 24 AFP KUALA LUMPUR Bangladesh has said it was agreeable to cutting palm oil tariffs for Malaysia but needed to work out a viable quantum first, as Kuala Lumpur voiced hopes of exporting more of the commodity to Dhaka. "Bangladesh is a
        AFP  -  277 words
      • Article
        Lock icon US beef exporters pin hopes on new markets, not subsidies
        480 24 Reuter DENVER Developing export markets rather than relying on subsidies is the way to boost the already growing meat export business, the head of the US Meat Export Federation says. "Market development is a slower process, but it's a long-term
        Reuter  -  480 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        154 24 THE SINGAPORE dollar firmed in line with major currencies putting the US dollar to a new record low of 1.5026. The lifting of Bank Negara restrictions on forward swap transactions with offshore parties led to fur- ther strengthening of the ringgit over the week. A
        Charts by Dow Jones Telerate  -  154 words
      • Article, Illustration
        Untitled
        1975 24 'Rales are the an-rage o! 9 vhxted hanks /nutle-Hn*hml ntdr\ inktUolal anum\t S'purr j lap 14 Inukitx partners Buy irar /M.< I tomW+k+VXZ RANKS ABN Amro Bank NV 6% ANZ Banking Group 6 AMicd Irish Bank PLC 6V, American Express Bank 6V1 Arab Banking Corp 6V« Arab Bank PLC 6%
        1,975 words
    • COMMODITIES & FUTURES
      • Article, Illustration
        Lock icon Bit of a fizzler for dollar
        647 25  -  --v; WWttYWWNOWv By Meryl Phang, MMS International SINGAPORE It was a disappointing week for the dollar after the excitement over the two critical meetings of the Federal Reserve and Bundesbank died down. The week also saw active trading in the European crosses as European
        Source: Simex  -  647 words
      • Article, Illustration
        Lock icon Oil and coffee fluctuate on supply worries
        746 25 COMMODITY WEEKLY ROUNDUP AFP LONDON Oil and coffee rose at the beginning of the week on fears of supply cuts from Nigeria and Brazil respectively, but then dropped as the weekend approached. The decision by Nigeria's military ruler to dissolve the leadership of
        AFP; Source: Bloomberg  -  746 words
    • Article
      COMMODITY PRICES
      1331 25 Rubber Singapore Caamadtty FiHimp (Marat dMlaf at at 5.34pa0 RSS 1 Ctatract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 94 213.00 206.50 213.50 400 2450 Oct 199.00 189.50 200.23 200 4223 Nov 191.00 189.30 188.23 200 4430 Dee 189.50 183.00 183.00 200 3350
      1,331 words
    • Article
      BT SHARE INFORMATION SERVICE
      4560 26 CORPORATE RESULTS Net Kara EPS Due TY LY IY LY CoMfMy Mil (Sm) ($m) (cts) (cts) ABR Hldgs May 30 F I 407 2.8SI 3 2 7.0 Acma Jun I) F 41 518 14.268 62.5 23.1 Alcom* Aug I I 9.373 7 905 7.44 6 40
      4,560 words
    • Article, Illustration
      Lock icon CHARTING SERVICE
      753 26 Relative Strength Index: The RSI measures the rate at which prices move. In theory, it ranges between zero and 100. In practice however, it fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100 100/ [(up
      CHARTS BY BRIDGE  -  753 words
    • MARKET REVIEWS
      • Article, Illustration
        Lock icon A difficult autumn looms over Wall Street
        807 27 FT Htm York AFTER the Federal Reserve tightened monetary policy on Tuesday by raising two key interest rates, the financial markets rallied strongly. Bonds shot higher, and stocks soon followed, buoyed by optimism about the outlook for inflation. Wednesday was a day of
        FT  -  807 words
      • Article
        Lock icon Shares slump after three-day rally as yen surges against dollar
        463 27 AFP Tokyo SHARE prices slumped back from a moderate three-session rally to close out the week lower on the Tokyo Stock Exchange as the yen romped anew against the dollar toward the weekend. The Nikkei Average of 225 leading issues
        AFP  -  463 words
      • Article
        Lock icon Footsie hails surprise drop in inflation
        422 27 AFP, UPI London SHARE prices last week rose to levels not seen since March, welcoming figures showing underlying inflation at a surprise 27-year low point. The FT-SE 100 Index of leading shares closed at 3,191.4 points on Friday a weekly rise of 49.1 points,
        AFP,; UPI  -  422 words
      • Article
        Lock icon Interest rate fears in US, at home dampen market
        187 27 AFP Hongkong STOCK prices dropped a further 0.64 per cent in cautious trading during the week due to US interest rates hikes, with the Hang Seng Index losing 60.12 points to close at 9,404.44 on Friday. Average daily turnover amounted to
        AFP  -  187 words
      • Article
        Sydney
        83 27 Australian shares closed the week on Friday only marginally firmer, with brokers reporting little overseas interest in the local bourse. The key All Ordinaries Index finished at 2,061.3 points, up 9.4 on the previous week's close, while the All Industrials Index edged up 0.7 points to 3,003.1 and the
        83 words
      • Article
        Manila
        115 27 Philippine share prices went on a roller coaster ride last week before edging slightly down as profit-taking dampened attempts at a rally, analysts said on Saturday. The Philippine Stock Exchange Composite Index closed at 3,006.70 on Friday, just 0.66 points short of the previous week's ending. It opened the
        115 words
      • Article
        Bangkok
        77 27 The Stock Exchange of Thailand (SET) Index, fuelled by surplus liquidity and the return of foreign cash, soared 63.13 points, or 4.45 per cent, during the week to close on Friday at 1,488.62, brokers said. The average daily volume of shares traded was 157 million shares, up sharply from
        77 words
      • Article
        Jakarta
        100 27 Share prices rebounded on the Jakarta Stock Exchange (JSE) during the week as foreign and local investors became more active, pushing the market's index up 17.21 points. The JSE Index finished the week's trading at 492.209, compared with the previous week's close of 474.996. Analysts said the upward price
        100 words
      • Article
        Seoul
        96 27 Share prices rebounded on the Korea Stock Exchange on Saturday, led by blue chips and issues with low price earnings ratios. The Composite Price Index closed at 947.06 points, up 3.83 points from the previous trading day and up 2.45 points compared with a week ago. The index see-sawed
        96 words
      • Article
        Taipei
        83 27 Share prices on the Taiwan Stock Exchange staged a modest comeback last week in cautious trading while the market was undergoing a consolidation, brokers said. Following a 4.2 per cent loss the preceding week, the 376-issue Weighted Price Index gained 138.24 points, or 2.1 per cent, to settle at
        83 words
      • Article
        Bombay
        68 27 Lacklustre trading, low business volume and a fair amount of selling marked the week on the Bombay Stock Exchange (BSE). The 30-share BSE Sensitive Index shed 39.37 points to close on Friday at 4,468.78 points, up from 4,508.15 points the week before. Analysts said local speculators and Indian financial
        68 words
    • WORLD STOCK MARKETS
      • Article
        New York
        745 27 -0.32 Blue chip stocks closed slightly lower on Friday, dogged by the dollar's renewed weakness and inflation worries. The Dow Jones Industrial Average ended 0.32 of a point lower at 3,755.11. For the week the index was off 13.60 points. In the broader market, advancing issues led declines
        745 words
      • Article
        Toronto
        251 27 +2.64 Stocks ended mixed after a session sapped of energy by a dearth of news. And most traders believe the market is likely to stay in a holding pattern for the foreseeable future as investors await further guidance from debt markets and the Quebec election. The TSE 300 Composite
        251 words
      • Article
        Untitled
        2207 27 London Aug 19 Peace Industrials A. A. Corp Adr 57 4/1 -.370 Abbey National 393 -J Allied Lyon 603 4 3 Ante III -I VI Argyll 287 4/8 +6 Asda Group 62 4/8 BAT I ltd 425 2 BIOC 397 -J BOC Group 737 4- 4 BR Petroleum 408 -I
        2,207 words
    • Article
      CLOB INTERNATIONAL
      2474 28 MOST ACTIVE vrtun* t Mulpha lull 50c J0.80l.000 Bcrjaya L Wt99 37,801.000 Proimct 36.622.000 Mulli-Purpusc 32.776.000 1dm Hvd 50s 29.137.000 Kerning MNt 28.691.000 50s 27.451.000 Fabcr tiiuup 25.948 000 KiB Cocpn TSK 25.736.000 Ind Oxvgsn W|95 24.876.000 Asia Pas Ld 24.714.000 C ASH 50s 22.123.000 Mclroptsx 50s 20.658.000
      2,474 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Investors flood market as positive news flows in
        6245 28 Bernama KUALA LUMPUR Share prices here extended their rally last week as institutional and retail investors flocked to the bourse on positive news and rumours. Players, who took a break on Monday, after the previous week's rally, were awakened on Tuesday by
        Bernama; Source: Bridge Info  -  6,245 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7947 29 Gf Gr M Wl IW4 La* Vol Week LtM Quote Dh Di» YW Net Cap Av* Hick Law Coa*aa> SaW (tM) Hick Lao Bujrr Seller C*w P/E Sail Price INDUSTRIAL AND COMMERCIAL 1440 133 P t s Acma 1000 -1-20 968 1040 963 1000 1010 17.3 II I S 16.0
        7,947 words
      • Article, Illustration
        Lock icon Market expected to weaken or trade sideways
        1878 30  -  By R Sivanithy SINGAPORE After last week's interest rate concerns, analysts expect prices to either weaken or trade sideways, as investors ponder the implications of the latest developments, both here and in the US. In its weekly roundup, Alliance Securities said it expected
        Charts by Bridge Info; Source: J M Sassoon  -  1,878 words
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      342 22 macquarie UNIVERSITY Ml MASTER OF APPLIED FINANCE II 4th Intake in January 1995 II An internationally recognised and portable degree, this programme is available I I B in Singapore, Hong Kong, Melbourne, Sydney and Tokyo. This course blends BI 11 theory with practice to give you applied knowledge which aims
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      Page 22 Advertisements Column 2
      457 22 ANNOUNCEMENT LI EC HOLDINGS S.A. (Incorporated in Switzerland) ACQUISITION OF SHARES IN CHLORIDE EASTERN INDUSTRIES LTD ("CEIL") AND GENERAL OFFER The Board of Directors of LIEC Holdings S.A. ("LIEC") announces that LIEC has, pursuant to a Share Purchase Agreement dated 17 August 1994 (the "Agreement") with (1) Tech Trade (Singapore)
      457 words
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      796 23 SAN TEH LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of San Teh Ltd are pleased to announce the following unaudited results of the Company and of the Group for the half year ended 30 June 1994: COMPANY GROUP 1994 1993 1994 1993 $*000 000 $*000 $000 Turnover
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      254 30 1 THE MATTEW OF (CHAFTBIM) HTNiMTTnaP •WEE LMM COMPANY PTE LTD pn Vlatotoqr toto*v«JM At M Extraordinary Oanaral Moating of too abovanawod company dMy conaanad and ItoM to KM-AUppWOoaattooat.fi 1-22 paopto* Ptok Cvtoa, Sngvsn 0106. on Monday. toalStodayof Auguat 19M, toa tabooing Spadto RaaotoMona oom paaaad and tody confcmad. «tr"RaaoMod
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  • Shipping Times
    • Article
      Anera signs more deals, higher volume committed
      343 31  -  By Alec Almazan SINGAPORE The Asia North America Eastbound Rate Agreement (Anera) signed 515 service contracts for the year to June 1994, or 31 more than the number signed in the same period last year. The total minimum volume committed was also higher,
      343 words
    • Article, Illustration
      Lock icon Cruise ends in mishap
      64 31 Reuter NEW YORK A police boat inspecting the Regal Empress on Friday after a morning fire which reportedly broke out in the kitchen and dining room forced the evacuation of 1,200 passengers. The liner was returning from a five-day cruise to New England when it caught
      Reuter  -  64 words
    • Article
      Lock icon Cambodia may seek M'sian loan for repair of patrol boats
      196 31 Reuter JKUALA LUMPUR Cambodia may seek a soft loan from Malaysia to pay for the repair of four patrol boats by a Malaysian shipyard, Cambodia's First Prime Minister Norodom Ranariddh said here on Saturday. Prince Ranariddh said Cambodia's navy had
      Reuter  -  196 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1102 31 Page Col ABC Containerline 16 4 Accord Group 8 1-3 Ahlers Line 13 5 Ahrcnkiel Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 17 4/5 •APL 5 3-5 Appenship 8 4/5 Arabian Express 15 5 •ASCL 5 5 Assist Marine 6 1 Avant
      1,102 words
    • Article
      Lock icon Major rise in rates at Alang site threatens to hit Indian shipbreakers
      328 31 Knight-Ridder NEW YORK A substantial increase in charges at Alang, India's biggest shipbreaking site, threatens to deal a new blow to a once-flourishing industry. The Gujarat state government has served notice that it intends to lease plots at
      Knight-Ridder  -  328 words
    • Article
      Surge in traffic lifts Philippines cargo firm's half-time result
      235 31  -  From Al Labita in MANILA A SURGE in traffic helped Manila container operator International Container Terminal Services lift gross revenue 13 per cent to 865 million pesos (5549.95 million) in the six months to June 30. The company says container throughput
      235 words
    • Article
      Lock icon Orient Overseas incurs US$35.1m loss on share, bond investments
      496 31 Bloomberg Business News HONGKONG Shipping group Orient Overseas (International) said it suffered a US$35.l million (5552.7 million) loss on its investments in bonds and shares in the first half of 1994, the latest such loss by a string of Hongkong companies.
      Bloomberg Business News  -  496 words
    • Article
      Lock icon US activates law on tug escorts for tankers
      193 31 AP WASHINGTON New Coast Guard regulations announced on Thursday aim to prevent oil spills by requiring tugboat escorts for most oil tankers in Alaska's Prince William Sound and Washington's Puget Sound. "Escort vessels reduce the possibility of a grounding or collision if
      AP  -  193 words
    • Article, Illustration
      Lock icon When EU law comes first
      849 32 Should European liner shipping be restricted to traditional shipping conferences when new forms of cooperation have developed in the industry? International Transport Journal Traditional liner shipping conferences were cartels which on the one hand fixed binding ocean freight rates in a specific trade for their
      International Transport Journal  -  849 words
    • Article
      THE SHIPPING GUIDE
      13606 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      13,606 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        546 48 Vtessei Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure •Snag Pert Nee IS* P02 Z208/2000 24 08 0500 ♦fc/B 12 ato<r«)c 2208/1200 Baton Speed A0494* POIA 22.08/1200 22 08/1500 AUG/1994 19/10 *»v*X 2208,0600 Bala* Speed ****** P01A 22 08 0700 22 08/0800 S« «M(
        546 words
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        CONTAINER SCHEDULES
        1553 48 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookini/Balance Rslts 'Ship Voy No Etb/Btr Period From To From llaltc 0346 24/1200 2A 21/1/00 22/0659 22/0900 3 22/0700 22/1159 22/1400 4 22/1200 22/1459 22/1200 AJu awn 149S 23/1500 IB 21/1500
        1,553 words
    • Article
      Daily Freights
      526 48 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,509 on Thursday from 1,507 on Aug 17. FIXTURES Grain: TBN 50,000 long tons grains Vancouver/Iran US$l9.OO fio 5,000/4,000 August CNR. Zulflkar 10,000 long tons bulk maize East London/Beira US$l7.OO fio 5,000/1,200 Aug 25-31 World Food
      526 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Daewoo unit ventures into Aussie car market
        291 50 Reuter MELBOURNE Daewoo Group's wholly-owned unit Daewoo Motor Corp has moved into the Australian car market and hopes to reach sales of 20,000 units a year within four to five years, officials said last week. Ric Hull, managing director of Daewoo Motor Corp
        Reuter  -  291 words
      • Article, Illustration
        Lock icon No entry
        40 50 Reuter BEIJING A Chinese cyclist appealing to two disinterested traffic policemen last Friday for access to Wangling, the city's most famous shopping street which, in a bid to reduce congestion, is closed to all traffic except buses. Renter
        Reuter  -  40 words
      • Article
        Lock icon US rail mergers may spur more short line sales
        316 50 Reuter CHICAGO The flurry of major railroad mergers and speculation that more are in the works could kick off a new round of spin-offs and sales of short line and regional systems around the US, industry officials say. And given the
        Reuter  -  316 words
      • Article
        Lock icon Federal-Mogul to buy S African car parts firm
        263 50 Reuter DETROIT Federal-Mogul Corp plans to make an offer to purchase Varex Corp Ltd, South Africa's largest independent auto parts distributor, for about US$55 million (5582.5 million) in cash. Federal-Mogul said last Thursday it had reached an agreement to acquire the interest
        Reuter  -  263 words
      • Article
        Lock icon Bell to deliver 5 helicopters to Iran
        166 50 Reuter MONTREAL Bell Helicopter Textron will deliver five Canadian-made helicopters to Iran as part of a settlement of a 16-year-old arbitration case. "Bell Helicopter and the government of Iran have reached agreement on two arbitration cases dating from 1979," Carl Harris, spokesman for
        Reuter  -  166 words
      • LOG BOOK
        • Article
          Lock icon Delta, Virgin postpone agreement
          82 50 Reuter WASHINGTON Delta Air Lines Inc and Virgin Atlantic Airways said last Friday that they had indefinitely postponed their scheduled Nov 1 start of code-share services between London and seven US cities. Delta and Virgin blamed the postponement on the failure of the US Department of
          Reuter  -  82 words
        • Article
          Lock icon Greek ship missing in S China Sea
          70 50 AP KUALA LUMPUR A Greek-owned ship sailing from Bangkok to Colombo with a cargo of sugar has been reported missing after developing engine trouble during a storm in the South China Sea. The Maritime Rescue Coordinating Centre said last Saturday that the 4,425-ton
          AP  -  70 words
        • Article
          Lock icon B+H to buy 2 bulkers
          88 50 Reuter NEW YORK B+H Bulk Carriers Ltd has agreed, on behalf of two companies to be owned by a group of investors including B+ H, to buy two 27,000 dwt bulk carriers. The company said last week that the vessels, named DYVI Baltic and DYVI
          Reuter  -  88 words
        • Article
          Lock icon Todd Shipyards posts bigger loss
          58 50 Bloomberg Business News SEATTLE Todd Shipyards Corp posted a wider fiscal firstquarter loss, while revenue rose slightly. The loss for the quarter ended July 3 was U*****,000 (*****,500), or five cents a share, compared with a loss of US$l7l,OOO, or one cent, a year ago.
          Bloomberg Business News  -  58 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1374 50 CMy nw ETA FHK ETD MniDIiiM GF146 1120 GF147 1850 SQ441 1505 GA982 2020 Ad»la*de SQ228 2120 to—an RJ188 1325 Amsterdam KL843 0505 GA896 0205 SQ323 0630 SQ324 2230 KL837 1450 KL838 2300 Auckland SQ285 2045 Mfcpap— mz223 1600 B Sari Begawan BI421 1105 SQ182 0915
        1,374 words
      • Article
        Lock icon Toyota president in US likely to be posted to Japan
        267 50 AP GEORGETOWN, Kentucky The executive who guided Toyota through its early days in Kentucky and into a US$BOO million (SSI.2 billion) expansion programme is returning to Japan for a new assignment. "It is all but official" that Fujio Cho, president
        AP  -  267 words
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      3 31 n9 gggy Lubricant
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      25 31 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      45 31 the FAMOUS Ciwem&ttA ■!MIII?I* 224 1833 Kor more information please refer to Pg. 13 When EU law comes first, Pg 2 Daewoo ventures into Aussie car market, Back Pg PORTSHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. Businessßmes ■motm
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      2126 32 iwxpQUT,,,, import.... import.... BBS I OTMB DESTINATIONS I HOHTH AMMBC* I l I TO HMT WWT.fWBI MWWP* tBWW I —mtrcm CAUQUwu mum (PWCT WW w«rf OOWI -j MSSEL *0Y STOM LA OAK VOI SEA DM. HOUSTON OOC HY MXICO OTT WSStI STOM MHOS UttS MOWTIWPtO MO 01 lAMMO SANTOS MUM*
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      2164 33 />/%/*! /oi PTF LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. j MSTNIW. SINGAPORE 0206 JAVA TEL: FAX: CFS: 03-*****42 <* CR NUMBER: 3242M*****C TEL *****3/4 FAX *****6 I it SJersSce m! ITgudang mi ma» S?2?4,opns, CFS TEL: JOHOR BAHRU TEL: 02-07-*****70 FAX: 02-07-*****99 Dedicated to Quality Service swtchboard
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      Page 33 Advertisements Column 2
      1646 33 rnumsMimsm THIS WEEK'S ARRIVAL: VESSELS VOY NRT ETA EXCHANGE ETA ETA ETA RATE JOH LPK PEN MAERSK HONG KONG 9410 ***** 22/08 1.5125 23/06 25/08 26/08 SEALAND EXPRESS 213W ***** 22/08 1.5140 23/08 25/08 26/08 KOWLOON BAY 5687 ***** 22/08 1.5125 23/08 25/08 26/08 VAAL 9408 ***** 23/08 1.5120 30/08
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      1581 34 AQABA R DAM/ [i ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEPOAH (VIA JEO) S TON H'BUBG AWERP HAVRE WEST MALAYSIA KAI 09/133 24/8 <0/9 '3/9 <1/9 Po<t Kelang Penang ESSEN EXPRESS 07/333 27/B 5/9 12/9 14/9 17/9 19/9 21/9 Paslr Gudang LA SEINE ***** 31/8 17/9 20/9 18/9 EAST
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      617 34 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi. islamqala (Ooqharun) C.1.5./RUSSIA: Voatodmy, Vladivostok, Moscow. Baku, Tashkent, Irkutsk. Alma Ala, Aaltgabad, Dushanbe. Ktev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR CGM Normandie V.2284 23/8 22/9 Ned Europa V.2294 30/8
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      1425 34 I NORASIA" NORASIA SMBGA 9433 3 25/08 16/09 17/09 19/09 20/09 21/09 22/09 24/09 J VILE Of VELA VMM 23/08 20/09 14/09 1 NORASIA SHARIAH 9434 3 31/08 23/09 24/09 26/09 27/09 28/09 29/09 31/09 NORASIA KER. 9435 3 05/09 01/10 02/10 26/09 27/09 24/09 28/09 NORASIA MUBARAK 9435 3
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      1806 35 STRAITS SHIPPING PTE LTD 10 Ho* Chiang Road #11-01 Keppel Towers Singapore 0208 Tol; *****88 Fax: *****17 "1 new guinea pacific line ££UCgp (A SERVICE 0F CHINA NAVIGATION CO) CARGO DUE SAILS *15 llb 20 22 23 24 Au FCI, LCL CONTAINER ANO BREAK BULK SERVICE TO PAPUA NEW GUINEA
      1,806 words
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      Page 35 Advertisements Column 2
      3233 35 SINGAPORE AGENT: (JXtli I O P&O Containers (Singapore Agencies) Pte Ltd -'i JL ■jf.ill |_^41 11%rfl 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Te) 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 IP 1 m CR Number **********0Z EXPORT IMPORT VESSEL VO *PNQ '«<» «N
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      34 35 0 ORIENTAL LINES [INDIAN OCEAN SERVICE CONTAINER/BREAKBULK| ETA ETA ETA ETA ETA SINGAPORE COLOMBO MALE MA HE MOMBASA M.V. FIRST CARRIER 02/94 27/8 3/9 5/9 Agent.: Inchcape Shipping Services Bookings: *****54/*****98 Fax No: *****88
      34 words
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      554 36 EKA JAYA AGENCIES XpiaT TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE nib cm nmh city pager I hawopmqnk/oih£ct I NtMYKQt 11MS24__ y;7H»;»4IW KILYWCHAW *****25 53M722/*****83 I MAW<W -limit liisjial I WUlfiMWff ilieja *****208/S3MVE J td vi£tnam/h£mc —K-cmrrßßEKTiißir SERVICE &\mAA°»tm* ss > CENTER-POINT N \M LINES *gq I
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      Page 36 Advertisements Column 2
      535 36 NEW lAX SERVICE to departing every Saturday] Effective 16th September 1994 Vessel Hanjin Busan Voyage 145E For Enquiries Bookings, please call Chiu *****27 Pgr *****49 Federick *****29 Pgr *****48 Nevine *****33 Rosilah *****37 LINKS EXPRESS 62 Toh Guan Road, FREIGHT LINKS EXPRESS DISTRIPARK, (w Complex I, Ground Floor, Singapore 2260
      535 words
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      Page 36 Advertisements Column 3
      1190 36 I nu scr (St MC ut rus WI o» WT JW nro iu CHS BU mc UN MM KM w «t r» CM na iv I L ONUS 051 21/1 24/1 21/1 11/1 2/9 5/9 1/9 7/9 I/) 11/) 21/1 4/|| t/ll 7/11 17/10 11/11 19/11 21/11 21/11 31/11 It'll
      1,190 words
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      2320 37 > This week's arrival/departure (22/08 26/08):- HI VESSEL VOYAGE EXCHANGE RATES (USS) II II OUT OUT I II II CALIFORNIA PEGASUS 23W 24E ***** 1.5070 I ■I MMI IV HI NEPTUNE PEARL 16E 1 5070 1 5070 ■I HI NEPTUNE ZIRCON 34W 34W ***** 1 5060 I I HI HUMBER
      2,320 words
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      Page 37 Advertisements Column 2
      1058 37 I a I MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 —BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
      1,058 words
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      1573 38 44 AS AGENTS: "t" LINE (SINGAPORE) PTE LTD (CR NO: **********0M/GST R£G NO: M 2-*****99-6) T TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 i W V TWT MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD Mm J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A INDONESIA:
      1,573 words
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      1355 38 ®APPENS HI P (9\ HAMBURG inj CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESStLS LOADING PORTS DISCHARGE LOADING FOR CAIMMKAN PRINCESS VENTSPtLS 06/08 MAM 09 08 ANTW 13/08 P GUOANG 13/09 SPORE 16/09 GOBPIC RIGA 16/08 KLAIPEDA 24/08 HAM 26/08 SPORE 27/09 BKK 02/10 TBM
      1,355 words
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      1034 39 PACIFIC INTERNATIONAL LINES (PTE) LTD I SSSSiS!K 140 Cec street 03 P,L Building, Singapore 0106. I CR NO: **********0E t .H B!H?Wjti!B{ii?TCT^W37a!T33S^^K< I VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN SRIMANEE (THAI FLAG) SRMO2S 23/8 26/8 30/8 BUNOA TERATAJ 4823 23/8 23/8 30/8 j SRISAMUT (THAI FLAQ)
      1,034 words
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      1005 39 WSSILS VOT $M II HAWI HAMBUOG THAAgS WOIUKOW AmWtW VH.lt 01 WIA VO4N 27/01 17/09 H/W 20/09 21/09 23/09 VKIE DC Tll ANA IOSH JO/08 21/09 23/09 24/09 25/09 21/09 Will 01 lUCANA tWSM 06/09 21 OT 30 M 01/10 02/10 04/10 VILLI OC LIMA LOW 05/10 07/10 0»/10 09/10
      1,005 words
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      823 39 BSA a MYANMA 1«BBk FIVE STAR LINE r (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gtfg AVA VI29W IN PORT SLD SAGAING V36W IN PORT HP*-AN V2C4W 24/26 Au| MYOMAYWA VIS3W 24/30 Auf MALAYSIA AGENTS BOUSTEAO SHVPMG AGENCES KUI TEI 03-*****00 PKL TEL 03-36K767 PIN TEL 04-C*****
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      53 41 L/c VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 OCEANIA FORTS REGULAR lcl consolidation AUCKLAND SYDNEY BRISBANE IMPORT 8c EXPORT MELBOURNE FREMANTLE SERVICES FOR BOOKING St SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800 *****66 TOLL-FREE TEL:
      53 words
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      2194 42 ■PVVPVKsn 1 TO J ZEALAND I SAvaporo's General Agents: COSTAR SHIPPING PTE LTD Tel tOmma* *****00 Sales/Booking: Agency Dept: 6 Shenton Way *17 08 !®!KK£ ZSifS* Container: *****41/844 Container Svc B/L *****02 Operation Container: *****15 DBS Bldg Tower 2 ToIn&MCOSHIR Conventional: *****50 0 0:*****85 Conventional: *****46 Singapore 0106 ucff w'o
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      Page 42 Advertisements Column 2
      1575 42 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PKI PtN JOH ill WC IN TAJ ME YO* TKY MAG HOB OS* MO) BUS WAN HAI 2IS NOOB 23 08 28 08 01/09 03/09 09/09 10,09 11 09 WAN HAI 221,N00/ 21 08 29 08 JToi 0203 09 0/ 09 08 09 10 09
      1,575 words
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      705 43 (i£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 29/8 ROTTERDAM 29/8 AARHUS/COPENHAGEN 29/8 HAMBURG/BREMEN 29/8 MARSEILLE/FRANCE 23/8 FELIXSTOWE/UK 29/8 BARCELONA/SPAIN 29/8 LEHAVRE/FRANCE 24/8 GENOA/ITALY 29/8 ANTWERP/BELGIUM 29/8 LOS ANGELES/WC/IPI 28/8 SYDNEY/MELBOURNE 26/8 NEW YORK/EC 28/8 FREMANTIE/ADELAIDE 25/8 VANCOUVER 24/8 BRISBANE
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      1100 43 WMifflpmir'T"""""' 1 JjgjWWWM" 1 i tjz a M^^^^^.»,Mrj.l tT I Vg»ggl VOV SN JKT j VESSEL VOY SIN PEN u WAjjA SHUM 2428 Tua 23/1 Sat 27/8 n m u iim4i|j Uin Mon In Pt Wad 24/8 B|l [VESSEL VOY SIN BKK ISRA BHUM 448 Sat 27/8 Tita 30/8 1
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      223 43 Quarant—d Sailing* to: |BANGKOK/LAO! CHASANG/LAOSj2S/« (THU). 27/1 (SAT). 23/1 (TIE) POUT KE LANG/PC NANG 25/« (THU), (FW) HONG KONG 2S/« (FW), 23/« (THE) JAKARTA 27/1 (SAT) kIANLA/CEBU/SUBIC BAY 23/« (TIE) HO CHI MMH »/8 (FW) SURABAYA 28/1 (SUN) BUSAH 2S/I (SUN) pl DONGNAMA LINE CONTA—WtWP SERVICE STRATTS/tW/TMC/BBN wssa ssr m
      223 words
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      628 43 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: R3 ***** RISHIP (3 Line*) CR NO.: **********0E KlftA nrnmMM&mtiSkiwto wWWW J?" MpW f-T (Itatfoaai UM» «f EtMopa) ACCEPTING FCL AND CONVENTIONAL Vnml Vof Eta I Loading For I MM™ k Aboay Wont 40WB 23/06 Mombasa. Djibouti J Amb, Mmiwi j Abbey Want
      628 words
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      1666 44 PUUBMN CONTAINER LINES, INC AflWti: MAC-NELB SPORE: *****22 (24 LINES) N 'c/» W. SIBU (084) *****9 KUCHINQ (082) *****3 PtNANG: (04) *****6 BANGKOK (062) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 BURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE j PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN I
      1,666 words
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      Page 44 Advertisements Column 2
      202 44 I SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD IT* ll* ll* sratt rani kuuk riNWK ■KM iO a n I lojAoj toe Mil* mnm huohu jo a loading tor Dutui DarMH i?/9 s 9 loaAng fot Mate fUNDR sum* 1 9 loading Fw Mate UMMIUW 261 lo«h«( Fw
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      1141 44 A THONG SOON UNES PTE LTD 1 /\Y\ 78 SHENTON WAY #10-01. SINGAPORE 0207 I V/ v/ TEL: 227-5088 FAX: 227-6011 I TLX: RS ***** CARRIER, RS ***** iENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK SINGAPOI4 TcTTHAH-AND «SS£L VOY IS'POtC IPEST VESSEL VOY IS'PME IIAIKKOK EQUATOR ROYAL 114/4E 24 AUG
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      674 45 V M f£ Sf Jf if jf m i K < I j WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BftEAXBULK SOC CARGOES TO FROM KOK. YOKOHAMA. NAGOYA. MOD. TOKYO*. MANIA*. OAVAO*. i Penanf* P. Kelarj Singapore E Msia* KAMALEVERETT V22E 05/06 Sapt WYEVERETT VIOE 19/20 Sapt 21/22 Sept
      674 words
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      236 45 ■Si SLORY NAVIGATION 6ROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM *AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 29/8 1/9 7/9 16/9 GLORY SELATAN VII 22/8 24/8 SP KOMPONG SOM GLORY SELATAN V 28/8 31/8 LINER SERVICE USA, VANCOUVER, VERACRUZ
      236 words
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      Page 45 Advertisements Column 3
      569 45 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE ISLAMABAO 124-HW 31/01 01/09 BOLAN Igjg 10/ M 19/09 HYPERABAP 133HW 22/09 02/10 MAKRAN 151HW 06/10 15/10 FAR EAST CONTAINER SERVICE ONLY VESSEL *"vOY SH HKG BSW OSA NAG YOK SARGOOHA 146 ON 11/09 15/09 19/09 22/09 24/09 21/ M ISLAMABAO 125
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      Page 45 Advertisements Column 4
      674 45 |uu™i«JM| FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO SOUTH AFRICA VESSEL VOYAGE SIN DOR JNB' MRE- PL* CPT- BEW MPM* YAO HE 87 27/08 10/09 14/09 21/09 11/09 16/09 20/09 22/09 JIAN HE 8€ 11/09 25 09 29/09 06/10 26 09 02/10 OS/10 07/10 HUHC/108 26 09 09/10 13/10 20/10 10/10
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      Page 45 Advertisements Column 5
      289 45 SIN FAR EAST 30/08 KEELUNG/KAOHSIUNG 28/08 BANGKOK 28/08 MANILA/CEBU 28/08 JAKARTA/BELAWAN/SURABAYA 28/08 PORT KELANG/PENANG/E. MALAYSIA 28/08 BUSAN 28/08 TOKYO/YOKO/KOBE/NGO/OSA 28/08 HONG KONG SIN CHINA 28/08 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG < TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 29/08 LDN/FLX/LVP/SOU 29/08 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. SIN USA/CANADA 28/08 LOS
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      Page 46 Advertisements Column 1
      835 46 PHI LI-OH l€ NT LINGS PTC LTD 1 08 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0H^ SSt *53 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION 26 AUG SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 18 AUG
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      Page 46 Advertisements Column 2
      542 46 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 28 AUGUST (Accepting to all Naw Zealand porta) PENANG 26 AUG JAKARTA 28 AUG PORT KLANG 29 AUG BANGKOK 28 AUG MANILA 28 AUG MELBOURNE 26 AUG STDNET 26 AU6 BRISBANE 26 AUG FREMANTLE 28 AUG ADELAIDE 26 AUG 'ACCEPTING TO ALL
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      Page 46 Advertisements Column 3
      392 46 This Week's Sailings Singapore I T T FIRST FORWARDER IN 1° EID lo: KID asia awarded Singapore Singapore ISO 9002 BY erqa EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY /£scsMT2n Manila SUN Ho Chi Minh FRI EVERY EVERY Colombo TUE Limassol THUR l l| INTERNATIONAL SEA FREIGHT FORNAKDMG Mm
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      Page 46 Advertisements Column 4
      22 46 Calling FAR EAST, INDIA. AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SJL cur COT Liner ExpieM Agenda Pte Ltd Hat Line i 22-007-22
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      Page 47 Advertisements Column 1
      1403 47 ISEAMA^RGENTINMJN^^^n CONTAINERISED "HUB" SERVICE 1 DIRECT TO ARGENTINA/BRAZIL URUGUAY V 4 VOt SM P.AMNAS UIHUAIA Mil KTVIOtO «NT fc i i ALEXANOER SCHULTE 003E 02/09 07/10 09/10 14/10 15/10 18/10 13/11 CANOPUS 003E 04/10 08/11 10/11 18/11 18/11 19/11 21/11 ntANCISCA SCHULTE OOSE 24/10 28/11 30/11 08/12 08/12 09/12 30/12
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      Page 47 Advertisements Column 2
      447 47 JjgN CEYLON SHIPPING CORPN nfeg) National line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS mum aw win »/m o» «7m ~wtt T~ NCMStf gjMg MM-l 31/ M W/M 21/ti »/M MU PI TUMI* im 30/ M 83/W M/M li/ti ?«/0» »/W 27/W wm 01 rue WW
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      Page 47 Advertisements Column 3
      525 47 IC CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE NQ.SO I VESSEL N. KRUPSKAYA PRtMORSK PAVLOORAD PETROOVORETS OEKABRIST PRIOZERSK FORTS EBI4 EBIS EBI6 EBI7 EBI6 EBI9 BUENOS AIRES' SaHad Sallsd 22-27/07 06-09/06 11 13/09 30/06-10/09 MQWTEVtOtO Sallsd SaHsd 28 29/07 10 14 08 14-15/09 RtO WAN DO SU SaHsd 16/06 16-17/09 13-14/09
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      Page 48 Advertisements Column 1
      407 48 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANG/SINGAPORE VESSEL I VOY I S* PKL VESSEL VOY SI PEN MCC CONVEYOR 9437 24/S/S4 (WED) 26/1/94 (FM) MCC CONVEYOR >437 24/1/94 (WED) 26/>/94 (FW) mm SWGAPOBE *****H 26/1/94 (FW) a/S/9* (SUN) XOURJAYA
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  • Page 48 Miscellaneous
    • Miscellaneous
      Page 48 Miscellaneous Column 1
      306 48 I TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1900 2000 2100 2200 7M 30 2.1 2.2 1.6 1.0 06 0.4 0.4 06 1.1 1.1 2.4 2.6 2.6 2.3 1.7 1.2 0.1 0.6
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      Page 49 Advertisements Column 1
      986 49 1 ▲HYUNDAI I MERCHANT ,^"'NECO LTD. WESTBOUND TO EUROPE BKG: *****61 Ipha* I rut* pgd« I vcssas vor I aw I mm I ant* I leh* I hum I atq fel 24/01 26/08 27/08 H. FRONTIER 312* 29/08 16/09 18/09 19/09 18/09 18/09 20/09 31/08 02/09 03/09 SI FREEDOM 312*
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      Page 49 Advertisements Column 2
      435 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL HOT SP KUC KK MM KT FIANS WTO 75 M/l IWUUN6 MAS Till ORANGE »T 2] 31/1 1/9 6/9 TANJUtt PMX IS 27/1 29/1 OUTBOUND VESSELS SP CMTTACOM/YANCON 24/8 MV Trans Auto VU (RORO) SP OUMAI a/S MV
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      Page 49 Advertisements Column 3
      907 49 KAy J I JEDDAH/UK/CONTINENT ISTORE IHI SION HWRG RIMM LEH Aho ftcceptxt C.io fm 2 M\ \°Jl 1 15/5 :Its IE dntiubor Bdtal mt Dubfci ii 7? ~/S W :to M Antwerp. Amslcrdan. (Mi. HMnM K* 37/134 t t Jl /J 'J/J Sojttumpton :torf UK dntiubor Belfast and DuMta HOI
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      Page 50 Advertisements Column 1
      46 50 I construction] Tomorrow in Business Times i i —m KlftlTß AMC CARPENTARIA 7500 A Beadißo«l, #08-301/302. Accepting Heavylift Breakbulk SOC to from MANILA SUBIC BAY Direct Enquiries Bookings S pore Tol: 294 5022 Ext. 227 Fax 297 1930 K.L. Tel: (03) 731 6842/3/4 Fax (03) 731-6860
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      Page 50 Advertisements Column 2
      270 50 Notices M/V CHRYSANTHI URGENT ANNOUNCEMENT -VESSEL DISAPPEARANCE M/V CHRYSANTHI (former name Eigamoiya) Built 1969 by Robb Caledon Shipbuilders Ltd., Leith, 4,425 grt, 2,400 nrt, 5,956 dwt, L.O.A. 112.12 m, extreme breadth 16.82 m, max draught 7,563 m, registered Belize since 1993, Official No. *****026, Call Sign V3NA4, general cargo vessel,
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      Page 50 Advertisements Column 3
      6 50 I CONSTRUCTION Tomorrow in Business Times
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