The Business Times, 7 September 1994

Microfilm: NL19580
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE BusinessTimes MITA(P) 010/12/93 Wednesday September 7 1994 WE KXOW ASIA 75 c
    13 words
  • Article
    Lock icon Dow down 3.37 points
    62 1 Reuter NEW YORK Wall Street stocks were mixed at yesterday's midsession, held back by a weaker dollar and a sell-off in the bond market. At Ipm EDT, declines overtook gains 4-3 on the NYSE. Big Board volume was a light 106.8 million shares. At 2pm EDT,
    Reuter  -  62 words
  • Article
    Lock icon Pope cancels Sarajevo trip
    31 1 Reuter VATICAN CITY Pope John Paul yesterday cancelled plans to visit the Bosnian capital Sarajevo tomorrow after failing to receive security guarantees, a Vatican statement said. Reuter
    Reuter  -  31 words
  • Article
    Untitled
    160 1 Stock market indices Tuesday Change STII 2,338.55 +10.49 KLSEComp 1,172.24 +12.73 Nikkei 20,393.98 +15.2 Hang Seng 10,035.97 +73.93 SET Index 1,535.14 +3.84 Jakarta Comp 524.50 +5.08 CLSA China B ....1,201.97 +7.15 Aust All Ord 2,103.6 +8.1 FTSE 100 3,205.4 -36.1 Tuesday Previous 2pm dose Dow Jones 3,882.21 3,885.58 Average of
    160 words
  • Article
    KL stocks hit eight-month high
    127 1 SINGAPORE Malaysian stocks gained 1.1 per cent to close at an eight-month high yesterday, boosted by expectations of a favourable budget next month and hopes of a general election soon. The Kuala Lumpur Composite Index soared past its latest resistance of 1,170 to close 12.73
    127 words
  • Article
    S'pore Telecom may float cellular, paging businesses
    566 1  -  By Genevieve Cua SINGAPORE Singapore Telecom is looking into a separate listing for its fastest growing and arguably most lucrative business mobile telecommunications. Sources told Business Times that the company had shortlisted a number of merchant bankers to come up with a detailed
    566 words
  • Article
    S'pore is No 2 in new ranking of world competitiveness
    628 1  -  US makes comeback to oust Japan from top spot By Chuang Peck Ming SINGAPORE For six straight years the most competitive economy among newly industrialised countries, Singapore has won No 2 spot in a new world ranking that includes the
    628 words
  • Article
    UEM signs land-for-stadium deal
    240 1  -  From Ho Kay Tat in KUALA LUMPUR UNITED Engineers (M) Bhd (UEM) yesterday signed a privatisation agreement with the government to build a national sports complex costing M 5554 million (***** million) in exchange for two parcels of prime land, including the site of the Merdeka
    240 words
  • Article
    S'pore, KL will encourage businessmen to invest jointly overseas: PM Goh
    451 1  -  From Agnes Chen in PULAU LANGKAWI SINGAPORE and Malaysia will encourage their businessmen to invest jointly in third countries, their prime ministers agreed yesterday. Prime Minister Goh Chok Tong revealed this after a private "four eyes" meeting with his
    451 words
  • Article
    IRAS collects GST revenue of $314m in three months
    406 1  -  By Soh Tiang Keng SINGAPORE Revenue from the new Goods and Services Tax (GST) is flowing in at a rate faster than the government had expected. The Inland Revenue Authority of Singapore (IRAS) collected $314 million from the 3 per cent
    406 words
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      194 1 Children^sWear. owhoim vaasN BOUTWUCS: <•1 -11 AM TttmOlM •01HF«va T>»3*e»pngMa« T* TO«i«? TW i*mrm m- HIM«C% T«»4«M» «ei 14 CTX faur&y Moc* TOMIM m «*OMMrJa(SwEiMi|ilMMl«T<tB44m S-pw* News 2 S-poftJfsa 19.20,21 Regxxni News 3,4,6 franca* 23,24 World News 7.8 Future mUHwtJ Analysis 17 CW./KISE, SES 28-30 Editorial 16 teg*** 26 Sports
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      13 1 Regional Analysis: Pg u Asean investors' view of India Full reports, Pg 26-30
      13 words
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      45 1 Hock Lock Siew: pg fry Can Gordon Wu deftper? Liang Court interim profit rises 59pc to $4.5 m; Apollo Enterprises 9 net earnings up 72pc; Inter-Roller incurs $923,000 loss; Pg 19 Bouquets and brickbats for S'pore, Pg 17 E Asia gets it right, Pg 18
      45 words
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      124 1 T&Dttom Line: Pg is B&'s cowboy stock market S'pore set to be India's gateway to East Asia, Pg 18 THE GREAT SEAFOOD THEATRE FEAST 1994 Business Lunch Family Dinner least All You Can For just $23 That's 50 delightful dishes In all! Featuring the best of Seafood Theatre Restaurant's much
      124 words
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      44 1 [The World's V> rHChildren s t "i^Si fr** Wr» owkoim flow Kxrnouei: A. l~*E?mi31Pl m timmtim t«IOT«m k T ""i# w nta*n>«mi|M Mmmm 4k ,M WIMaMi M«N m >MhC% MMM »fi*iH'iiiHi»» T«»«f i l'" f*m*« tume A sporting way to Asean solidarity, Pg 18
      44 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Share trading picks up again
        336 2  -  By R Sivanithy TRADING in the local stock market is beginning to pick up following months of hesitation over the direction of interest rates in the US. In August, the market traded 5.43 billion units worth $13.59 billion, almost three times the $5.89 billion done
        Source: Investmate  -  336 words
    • Article, Illustration
      New US envoy urges fresh start after Fay affair
      458 2  -  By Juliette Walker THE new US Ambassador to Singapore, Timothy Chorba. yesterday said he hoped Singapore and the US would put the Michael Fay affair behind them to focus on long-term mutual interests. Despite strained bilateral relations since the caning of
      458 words
    • Article
      TDB mission to head for Russian Far East
      260 2 AS PART of its plan to pioneer the development of new and emerging markets for Singapore companies, the Trade Development Board (TDB) will organise an infrastructural mission to the Russian Far East on Sep 11-19. The delegation will comprise an official from
      260 words
    • Article
      Newspaper vendors to collect delivery fee from Oct 1
      415 2  -  By Ramesh Divyanathan NEWSPAPER vendors have been authorised to collect a monthly delivery fee, ranging from SI to S3 per household, for Singapore Press Holdings newspapers from Oct 1. Singapore Press Holdings, which publishes virtually all the dailies in Singapore such
      415 words
    • Article
      URA to sell by auction 13 shophouses in conservation areas
      276 2 THIRTEEN unrestored shophouses in the conservation areas of Jalan Besar, Little India and Chinatown are to be sold by public auction on Oct 25 apd 26. The Urban Redevelopment Authority yesterday said the properties would be sold in 12 parcels.
      276 words
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      106 2 WHAT MAKES A MAN? NO. 1 HUGO BOSS THE FRAGRANCE FOR MEN 'vV-i, x i&.■ BEHIND EVERY SUCCESSFUL COMPANY. THERE IS A LEUWICO OFFICE FURNITURE SYSTEM And that is true. Because Leuwico is specially designed to meet every organisation's need of creating their workplace condusively. With height adjustable desk as
      106 words
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      366 2 MAKE THE MOST 1 OF YOUR MONEY with Personal Finance and Investment on Saturdays I SINGAPORE NEWSPAPER DISTRIBUTORS ASSOCIATION SINGAPORE NEWSVENDORS ASSOCIATION TO: ALL NEWSPAPER SUBSCRIBERS Our nation has enjoyed good economic growth over the last few years. Along with this, labour became a scarce resource and the wages of
      366 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Private sector to invest M$50b to set up M'sian Info Highway
      352 3 Bernama KUALA LUMPUR Malaysia's private sector will invest more than MSSO billion (5529.4 billion) within the next 10 years to establish the Malaysian Information Highway (MIH) which will herald a new era in Malaysia's telecommunication network. Energy, Telecommunications and
      Bernama  -  352 words
    • Article
      Lock icon India and Vietnam sign six deals worth US$158m
      414 3 Reuter HANOI India and Vietnam yesterday agreed that they needed to back their political friendship with more trade and investment, and Indian businessmen immediately signed six deals with Vietnamese companies. The deals, negotiated earlier between Indian private and Vietnamese state-owned concerns, were
      Reuter  -  414 words
    • Article
      Lock icon Umno Youth chief to go on leave till probe ends
      150 3 The Straits Times KUALA LUMPUR Abdul Rahim Tamby Chik, who is under police investigation for allegedly having an affair with a 15-year-old schoolgirl, will go on leave as Umno Youth chief but will carry on as Malacca Chief Minister. In
      The Straits Times  -  150 words
    • Article, Illustration
      Lock icon Portraits of the past
      48 3 Reuter JAKARTA An Indonesian vendor holding up a portrait of former United States president John Kennedy and the late Indonesian president Sukarno yesterday. More than 27 years after his death, the picture of Indonesia's much loved leader is selling here for US$3O (5544.90). Reuter
      Reuter  -  48 words
    • NOTEBOOK
      • Article
        Lock icon Philippine Energy Secretary quits
        70 3 AFP MANILA Philippine President Fidel Ramos yesterday accepted the resignation of Energy Secretary Delfin Lazaro. who played a key role in solving the power crisis that crippled the Philippine economy for two years. Mr Ramos named Francisco Viray, head of the state-run National Power Corp (NPC),
        AFP  -  70 words
      • Article
        Lock icon Tempo journalists plan new magazine
        92 3 Reuter JAKARTA Journalists and editors of Indonesia's Tempo magazine, banned three months ago for its probing political coverage, said yesterday that they have applied for a licence to publish a new magazine. The journalists, shareholders in the 23-year-old weekly, said they planned to sell their
        Reuter  -  92 words
      • Article
        Lock icon East West to launch hotel by mid-1997
        71 3 Bernama KUALA LUMPUR East West Ventures Sdn Bhd expects to launch its Ms7o million (5541.1 million) hotel, the Residence, in Kuala Lumpur by mid-1997, its chairman Mohd Zainal Abidin Abdul Kadir said yesterday. The five-star hotel will tap the growing sophistication of the
        Bernama  -  71 words
      • Article
        Lock icon Preparing for M'sian polls
        56 3 Knight-Ridder KUALA LUMPUR Malaysia's Election Commission will complete in October preparations for a general election, said commission secretary Abdul Rashid Abdul Rahman. Bernama news agency quoted him as saying on Monday: "I presume that now is the ideal situation to hold the election. But it can
        Knight-Ridder  -  56 words
    • Article
      Thai military completes low-key reshuffle of top brass
      412 3  -  From Loh Hui Yin in BANGKOK THAILAND'S military has completed a low-key reshuffle of its top brass and analysts say the forces' low profile these days is to restore its tarnished image among Thais after the 1992 bloody crackdown on pro-democracy forces.
      412 words
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      163 3 For worldwide communkations solutions, talk to your local partner. We believe that the most effective communi- which are based on the latest international To date, more than 129 million digital lines are cations solutions combine global experience communications technologies such as ATM installed or on order in over 110 countries.
      163 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China's currency reforms boost forex reserves: official
      433 4 Reuter SHANGHAI Currency reforms have boosted China's foreign exchange reserves beyond expectations and the country is moving towards currency convertibility, a senior central bank official said yesterday. Zhu Xiaohua, deputy governor of the People's Bank of China, said the reserves stood at US$36
      Reuter  -  433 words
    • CHINAWATCH
      • Article
        Lock icon China to build more N-plants
        78 4 Reuter VIENNA China plans to build more nuclear power plants to meet increasing electricity demand, especially in economic boom 'areas in the coastal provinces, a Chinese nuclear official said here yesterday. Addressing a nuclear power conference in Vienna, /Shen Wen Quan said Beijing intended to
        Reuter  -  78 words
      • Article
        Lock icon Jiang to visit Vietnam
        53 4 AFP HANOI China's President Jiang Zemin will visit Vietnam from Nov 16 to 18, Vietnamese sources said yesterday. Mr Jiang will be the most senior Chinese leader to visit the country since the two sides began moving to put behind them more than a decade of
        AFP  -  53 words
      • Article
        Lock icon HK July visitor arrivals up 2.2pc
        59 4 Bloomberg Business News HONGKONG The number of visitors arriving in Hongkong rose 2.2 per cent in July to 763,719 from 747,477 in July 1993, according to figures released yesterday by the Hongkong Tourist Association. The rise was due to an increase in the number
        Bloomberg Business News  -  59 words
    • Article, Illustration
      Lock icon Concrete evidence
      60 4 AFP TAIPEI An aborigine from Orchid Island, off Taiwan, showing the press a piece of concrete, taken from the collapsed wall of a house, during a petition drive at Parliament yesterday. The group said the sample was evidence that buildings on the island were built with poor cement.
      AFP  -  60 words
    • Article
      S'pore investing in more large projects in Shanghai
      446 4  -  By Schutz Lee SINGAPORE The republic is investing in more large projects in Shanghai this year, with 24 projects worth more than US$5 million (557.4 million) each sealed between January and July compared with 13 for the whole of 1993. Trade Development
      446 words
    • Article
      Lock icon China's hardliners plan ways to reverse Deng reforms: report
      243 4 Knight-Ridder HONGKONG China's hardline conservatives were said to be meeting yesterday to discuss ways of reversing paramount leader Deng Xiaoping's market-oriented economic reforms by promoting Maoist values. The English-language South China Morning Post yesterday reported that participants meeting in the Henan
      Knight-Ridder  -  243 words
    • Article
      Lock icon Office rents in fringe HK locations edge down
      179 4 Knight-Ridder HONGKONG Office rents in Hongkong's fringe commercial locations declined marginally in August as certain landlords showed some flexibility in signing leases. The Vigers Knight-Ridder Property Index, released yesterday, shows average rents in Wanchai North and Causeway Bay second tier office centres
      Knight-Ridder  -  179 words
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      224 5 PfHiinHlHu'ff 1 Afc serious driver a <vzr that's seriously dedicated to driving pleasure Once behind the wheel, you'll be cocooned in an with all round double wishbone suspension gives you a mounted engine with a 60:40 ratio ensures superb handling has been spared. From seat belt pretensioners and dual But
      224 words
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  • REST OF ASIA
    • Article
      Economy recovering but not enough to help Japan much
      520 6  -  From Anthony Rowley in TOKYO BUSINESS sentiment continues to improve in Japan, according to the Bank of Japan's latest quarterly survey of business conditions published yesterday. However, the improvement has not flowed through to corporate capital-invest-ment intentions, which continue to weaken.
      520 words
    • Article, Illustration
      Lock icon Aussie MP's death: Asians may get backlash
      361 6 AP SYDNEY Government leaders yesterday warned against a possible backlash at Asian immigrants as police searched for the killers of a politician who had crusaded against Asian gang violence. New South Wales state legislator John Newman, 47, was murdered on Monday night outside
      AP; AFP  -  361 words
    • ASIANOTES
      • Article
        Lock icon NZ Rail sells stake in phone company
        79 6 Bloomberg Business News WELLINGTON New Zealand Rail has sold its 15 per cent stake in phone company Clear Communications to Clear's other shareholders for an undisclosed sum. "The successful sale allows New Zealand Rail to concentrate on building its core transportation business," the
        Bloomberg Business News  -  79 words
      • Article
        Lock icon Destination Ho Chi Minh City
        74 6 Bloomberg Business News HANOI The Confederation of Indian Industries said it would open an office in Ho Chi Minh City in the near future, Vietnam News reported yesterday. CII, part of an Indian business delegation visiting Vietnam this week, will promote trade and investment between
        Bloomberg Business News  -  74 words
      • Article
        Lock icon Wijetunga leaves hospital after tests
        56 6 AFP COLOMBO Sri Lanka President Dingiri Banda Wijetunga was discharged from hospital here yesterday after a series of medical tests, a party spokesman said. Mr Wijetunga, 72, left the private-ly-run Nawaloka Hospital where he spent the night after a bout of depression due to his
        AFP  -  56 words
    • Article
      Lock icon Keating says Japan supports regional free-trade push at Apec summit
      450 6 AFP TOKYO Australian Prime Minister Paul Keating yesterday said he had gained Japanese support for regional trade liberalisation at the upcoming summit of the Asia-Pacific Economic Cooperation (Apec) forum in Indonesia. "I was very pleased with the discussions," Mr Keating
      AFP  -  450 words
    • Article
      Lock icon New Zealand poll confirms strong support for Alliance
      204 6 Bloomberg Business News WELLINGTON A New Zealand public opinion poll showed the socialist Alliance coalition now has the support of 32 per cent of voters, just behind the ruling National Party's 36 per cent support, according to a Television New Zealand report.
      Bloomberg Business News  -  204 words
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      144 6 At Express long I learnt that customers II shapes II From en- ylfe'J Best I K a-ini' trepreneurs, to crisp, business-like I •<* conglomerates, k Which is why, depending .V t At. 4 on c^e and frequency of your Mm we offer v KB way menu I IW. scheduling *****
      144 words
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  • THE WORLD
    • Article
      China will fuel steady growth in Pacific, says report
      574 7  -  to Ven Sreenivasan SINGAPORE The Pacific economies will expand steadily over the next few years with China's economy becoming its main engine of growth, says a US-based think-tank. Overall real economic growth for the Pacific region will be about 4.2 per
      574 words
    • Article
      Lock icon German think-tank urges tax delay
      93 7 Reuter BERLIN The German Institute for Economic Research (DIW), one of Germany's six leading economic think-tanks, yesterday urged the government to postpone a new tax in order to prevent further slippage in consumer spending. The institute said introducing the 7.5 per cent "solidarity" surcharge on
      Reuter  -  93 words
    • Article, Illustration
      Lock icon Cat finds new life
      41 7 Reuter LONDON Two car enthusiasts inspecting a 1937 Jaguar at the Sotheby's Classic Motor Vehicle auction on Monday. The Jaguar, discovered by chance in a barn, was sold to an American businessman for £62,000 (S$ 144,000). Reuter
      Reuter  -  41 words
    • Article
      Lock icon Treuhandanstalt sells bonds
      79 7 Bloomberg Business News FRANKFURT The Treuhandanstalt agency sold 3.0 billion deutschemarks (552.9 billion) of new 7.50 per cent 10-year bonds to the German primary dealers group, the Bundesbank said yesterday. The bond, or Treuhandanleihe, was priced at 100.95 to yield an average 7.36 per cent. The bond
      Bloomberg Business News  -  79 words
    • Article
      Lock icon Waigel against new EU spending plan
      66 7 Reuter BONN German Finance Minister Theo Waigel said the admission of four relatively wealthy new members to the European Union next year should not be an excuse for new spending programmes. He told parliament Germany, current EU president, would continue to press for the
      Reuter  -  66 words
    • Article
      Lock icon Unemployment down in Germany
      70 7 AP BONN Joblessness fell in prosperous western Germany and in the struggling east last month, giving Chancellor Helmut Kohl a possible boost in his re-election campaign. Unemployment in western Germany fell to 8.2 per cent in August, from 8.3 per cent in July, the Federal Labour
      AP  -  70 words
    • Article
      Lock icon Japan accuses Clinton of using trade talks for political gains
      317 7 Reuter OTTAWA The temperature in crucial trade talks between Japan and the United States rose on Monday with a top Japanese official charging that the Clinton administration would use the negotiations to garner political gains. The official of the Ministry
      Reuter  -  317 words
    • Article
      Lock icon UK manufacturing output at highest level in 4 years
      317 7 Reuter LONDON British manufacturing output rose in July to stand at the highest level Tor more than four years, giving further evidence of the country's robust economic recovery, financial analysts said yesterday. Central Statistical Office (CSO) data showed manufacturing output rose
      Reuter  -  317 words
    • Article, Illustration
      Lock icon IMF urges rich states to break down trade barriers to help poor countries
      362 8 Reuter CAIRO IMF managing director Michel Camdessus on Monday urged rich nations to break down trade barriers as part of a global effort to help poor countries restructure their economies to cope with the cost of social
      Reuter  -  362 words
    • Article
      Lock icon Russia begins technical talks on US$4b IMF loan
      313 8 Both teams to analyse economic situation in country KnightRidder MOSCOW Russia today begins technical consultations with the International Monetary Fund as part of its negotiations to obtain a US$4-billion (Ss6 billion) stand-by loan, a senior Russian Finance Ministry official said, according to
      Knight- Ridder  -  313 words
    • Article
      Lock icon Quebec separatists confident ahead of polls
      415 8 AFP MONTREAL Quebec separatists head into the final campaign stretch this week calm and confident that their commanding lead in public opinion polls will be confirmed at the voting stations next Monday. Analysts agree that the Parti Quebecois (PQ), led by hardline secessionist Jacques
      AFP  -  415 words
    • Article, Illustration
      Lock icon Stick to party ways, UK unions warn Labour chief
      503 8 FT LONDON The leaders of the two largest Labour-affiliat-ed trade unions has warned Tony Blair, the new Labour party leader, not to pursue his modernisation strategy at their expense. Bill Morris, leader of the 950.000-strong Transport and General Workers Union, said
      FT  -  503 words
    • Article, Illustration
      Lock icon Blast in Chilean financial district
      42 8 AFP SANTIAGO, Chile A bomb squad member standing guard outside a devastated printing house in the heart of Santiago's financial district on Monday while others combed for evidence after a powerful explosion which injured 12 people. AFP
      AFP  -  42 words
    • Article
      Lock icon Press freedom still a long way off in Russia
      361 8 UPI MOSCOW The days when the Communist Party dominated the Russian media are gone, but press advocates said on Monday that true freedom of the press is still a long way off and the media could become even more financially dependent
      UPI  -  361 words
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      73 7 11 OOAM THURSDAY. 29TH SEPTEMBER. 1994. 3IST FLOOR. ALLENDALE SQUARE. 77 ST GEORGE'S TERRACE. PERTH. HAVE THE AUSTRALIAN GOVERNMENT HELP PAY OFF YOUR INVESTMENT 13 LEILA STREET CANNINGTON, PERTH, WESTERN AUSTRALIA Secure 7.5 year lease to Commonwealth of Australia. Gross income $373,173 per year. Significant depreciation allowances. Located in designated
      73 words
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      271 words
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      126 8 FIFTH INTERNATIONAL CONFERENCE ON GEOTEXTILES, GEOMEMBRANES AND RELATED PRODUCTS 5-9 September 1994 Daily Conference Registration on site. Proceedings in CD-ROM! Themes Reinforcement, Hydraulic and Environmental -Z Organised under the audioes of the 1 Uj International Geotextile Society XclO by its Southeast Asia Chapter(SEAC-IGS) fridge 57L 108L8MX550^:: $428^ $898 $599^ 9000
      126 words
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      Page 8 Advertisements Column 2
      35 8 -r ml 8W Stor6^ BjjjjS- 8,200 sq ft per floor I tB 65,000 sq ft j V Main road frontage Near amenities Expected TOP: Sept/Oct '94 For further information, please contact the sole marketing agent
      35 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Russia and China tango tentatively
      1111 9  -  Reports by John Helmer in MOSCOW THERE hadn't been a Chinese head of state in Moscow for a generation until Jiang Zemin arrived last Friday 37 years to be exact and there were some Russian officials who wish the visitor could turn the ideological clock
      Reuter  -  1,111 words
    • Article
      Russian deputies mount attack on privatisation
      523 9 WHEN the Russian parliament resumes next month, a majority of deputies will mount a drive to stop the government's bankruptcy programme in its tracks. Calling recent moves by the Federal Agency for Bankruptcy (FAB) "an attempt to purge the leadership of enterprises", Sergei Burkov,
      523 words
  • Page 9 Advertisements
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      270 9 o-sponsored by the Asian Society < ——jr j 7 W of Trichoioqists and Svenson V International, the first SINGAPORE HAIR EVENT must not to be missed by anyone with any kind of hair or scalp Hk> /J^' problem. Free hfiir 9n4 m 9Q*to examine- I j an<Pa'free trial service are
      270 words
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      120 9 THE SPECIALIST 1 IN PREFABRICATED ACCOMMODATIONS N9 CS BUANKOK GBEEN J N9CSBUANKOKGREBM l! N9CS BUANKOK GREEN '"'iHMr ffi "—-I f? M I I We are an established company specialising in the general construction of prefabricated accommodations such as site offices, workers quarters, safety boarding, warehouse, office container and also toilets.
      120 words
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      190 10 ml ANOTHER REPUBLIC THAT ATTRACTS MINDS WITH THE FORESIGHT TO INVEST IN THE FUTURE. Singapore wouldn't be held in such high esteem by the world today if it weren't for the collective foresight of a handful of visionaries. When it comes to a vision that meets the future, there s
      190 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Prospects look attractive despite initial hiccups
      1666 11  -  A leading investor's view of India HARISH MEHTA HARISH MEHTA The writer is a BT correspondent NOT too long ago, India attracted people like ex-Beatle George Harrison, India-critic V S Naipaul and movie director David Lean, each on a journey of self-discovery to the
      1,666 words
    • Article, Illustration
      Rao presses on and the gods are smiling
      1276 12  -  Status of Indian reforms TAN TAI YONG TAN TAI YONG Special to BT WHEN P V Narasimha Rao came to power in June 1991, it was predicted that he would not last more than a year in office. The odds were firmly
      1,276 words
    • Article, Illustration
      India fever looks set to take hold again
      1207 12  -  YOGI AGGARWAL YOGI AGGARWAL The writer is a journalist with Associated News Features in Bombay WHEN Singapore Prime Minister Goh Chok Tong was in India last January, he spoke of Singaporean businessmen catching a mild India fever. Seven months later, the fever
      1,207 words
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      79 11 ■-J J-. -V-*- -I THE LINK BETWEEN THE PAST AND THE FUTURE Omega Seamaster. Self-winding chronometer. Stainless steel, water-resistant to 120 m/ 400 ft. m At 21 Olympics Games, organizers on OME GA 1 excellence Sole Agent and Service Centres: SILVAROYAL PTE LTD. 250 North Bridge Road #15-01 Raffles City
      79 words
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      183 12 This Resort Is Infested With Hazards, Traps And Ponds. niCCATFC The Pan Pacific superb restaurants, bars and extensive banquet and meeting rnJjftwLj Glenmarie Resort is facilities. Moreover, if you're a member of Passages, you catiat Mane Aswan luunu AAURS SIVCA/oce imns BR\ f A the only resort in KL can
      183 words
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  • SPORTS
    • Article, Illustration
      Lock icon Unseeded Agassi storms into qtr-finals with win over Chang
      564 13 US Open AP NEW YORK Andre Agassi could take this act to Broadway. It was, after all, great theatre. Spicing his tremendous shot-making with the expected dash of flash, Agassi hooked up with sixth seed Michael Chang for five sets of
      AP; AFP  -  564 words
    • Article
      Lock icon Chang hopeful about winning title someday even after defeat
      341 13 AFP NEW YORK On paper, Michael Chang has the game to win the US Open tennis championships, but once again he is on the sidelines as the quarterfinals roll around. "I still feel like this is a really good tournament for
      AFP  -  341 words
    • Article
      Lock icon Controversy surfaces over Centre Court
      349 13 AP NEW YORK Maybe they ought to label the courts at the US Open the way they do some parking lots: "Caution: speed bumps ahead." Pete Sampras insists the Centre Court surface has its own set of ups and downs, not exactly ideal conditions at
      AP  -  349 words
    • Article, Illustration
      Lock icon China garners three in swimming gold rush
      333 13 AP Reuter ROM!: Chinese women broke one world record and completed a three-for-three gold medal sweep on the first day of race swimming at the World Championships. China, which have already won three diving golds, monopolised the women's events on the opening day
      AP; Reuter  -  333 words
    • SPORTSHORTS
      • Article, Illustration
        Lock icon American Football
        71 13 Reuter SAN FRANCISCO San Francisco wide receiver Jerry Rice scored three times and took top spot on the all-time National Football League touchdown list as the 49ers pounded the Los Angeles Raiders 44-14 on Monday. Rice's 38-yard scoring catch in the fourth quarter was the 127 th of
        Reuter  -  71 words
      • Article, Illustration
        Lock icon Asian Games
        129 13 AFP PARIS Sheikh Ahmad al-Fahad of Kuwait, president of the Olympic Council of Asia, said here Monday he expected the row over his invitation to the Taiwan president to attend the Asian Games in Japan to blow over. "My invitation still stands but we are meeting different people
        AFP  -  129 words
      • Article, Illustration
        Lock icon Athletics
        260 13 AFP AL'CKL-VND Britain's Roger Bannister may not have been the first athlete to run a sub-four-min-ute mile, and the honour may instead belong to New Zcalandcr James Lovelock who may have achieved it twice in the mid-*****. an author claimed yesterday. Writing in the weekly Listener magazine James McNeish,
        AFP  -  260 words
      • Article, Illustration
        Lock icon Basketball
        91 13 AFP PORI'O, Portugal Basketball legend Earvin "Magic" Johnson claimed on Monday that "there is too much money in the NBA" and said players in the American game do not work hard enough. Johnson, who left the NBA championship in February 1992 after announcing he had the Aids virus, said
        AFP  -  91 words
      • Article, Illustration
        Lock icon Cricket
        137 13 Reuter COLOMBO Roshan Mahanama hit an unbeaten half-century to guide Sri Lanka to a seven-wicket win over India in a rain-shortened opening match of a four-nation tournament on Monday. With the floodlit match shortened to 25 overs a side. India managed only one six and one four on the
        Reuter  -  137 words
      • Article, Illustration
        Golf
        70 13 SPRINGFIELD, Illinois L *****.000 LPGA Rail Classic final round Monday (US unless stated): 203 Barb Mucha 67 69 67 204 Kim Shipman 68 67 69 205 Gail Graham 70 66 69, Suzanne Strudwick (GB) 69 66 70 206 Lori West 70 69 67, Hiromi Kobayashi (Jpn) 69 70 67,
        70 words
      • Article, Illustration
        Swimming
        123 13 ROME World Championships finals Monday Women's 100 m freestyle: 1 Le Jingyi (Chi) 54.01 sec (World Record) 2 Lu Bin (Chi) 54.15 3 Franziska Van Almsick (Ger) 54.77. 400 m individual medley: 1 Dai Guohong (Chi) 4:39.14 2 Allison Wagner (US) 4:39.98 3 Kristine Quance (US) 4:42.21. 800 m
        123 words
      • Article, Illustration
        Tennis
        175 13 NEW YORK L 559.36 million US Open Monday Men's 4th rd: Bcrnd Karbacher (Ger) b Gianluca Pozzi (Ita) 6-2 4-6 6-3 6-4; Todd Martin (US x 9) b Richey Reneberg (US) 3-6 3-0 ret; Andre Agassi (US) b Michael Chang (US x 6) 6-1 6-7 (3/7) 6-3 3-6 6-1;
        175 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      99 13 Bfor sale by public tender, J Closing Thursday 6th October 1994 at 3pm at the offices of Jones Lang Wootton 1 JIT} Tl\ Current income as at 15/8/94 A 5818,251 ■II" I Jll Lettable area: 7 610m 2 approx plus 167 car spaces High quality office building constructed in 1988
      99 words
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      Page 13 Advertisements Column 2
      124 13 BFor Sale by public tender Tenders close Wednesday sth October 1994 at the offices of the conjunctional agents. MARK SUBURBAN ffice Building Dandenong Tax Office 14-16 Mason Street, Dandenong Australia Leased to The Commonwealth of Australia for 10 years from February 1988, with a 10 year 9 A 53.16 million
      124 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1087 14 M Null king Beats A Bud. where to wine dine and entertain or L FULL DAY SEMINAR PACKAGE at only $45.00 per person Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel
      1,087 words
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      Page 14 Advertisements Column 2
      337 14 into the Etyrrzmm^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm to 10.00pm WH wjSUwie 7th floor. Ovrvwis Lmon Houm CoOyw Quay Suyaporc 0104 Td
      337 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The soft side of Al Capone
      725 15 New book claims his legendary viciousness has been amplified and distorted Reuter AL CAPONE, the infamous racketeer and bootleg king, brought Prohibi-tion-era Chicago to its knees. Cold-blooded and unscrupulous, the Brooklyn, New York-bom son of Italian immigrants turned Chicago into a gangland shooting gallery
      Reuter  -  725 words
    • Article, Illustration
      Lock icon Making The Last Supper last longer
      531 15 Reuter THE Last Supper, one of Leonardo da Vinci's most famous frescoes, will undergo major restoration work starting this week and will be closed to the public until mid-1995, city art officials said on Monday. The painting, which shows Jesus Christ surrounded by his
      Reuter  -  531 words
    • Article
      Lock icon First-time novel on Booker Prize list
      221 15 Reuter A FIRST-TIME novel by an Asian-born author has been shortlisted for the Booker Prize, the prestigious literary award for fiction, the judges said. Reef, by Romesh Gunesekera. is the story of an 11-year-old boy who goes to work as a houseboy for a
      Reuter  -  221 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      982 15 TV RADIO treatment of the two hopefuls The gazelle is swift but danger lurks in the East African plains, won it awards at film fests. Wildlife On One: A Graze With Danger, 9.30pm, SBC 12 h 12 8.00 Talking Point 11.15 Aneka Hiburan. n pi»» i— 8.30 Human Target (Stereo).
      982 words
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  • Article
    Rao opens a new chapter
    510 16 IT IS hard to believe that Prime Minister P V Narasimha Rao's three-day official visit to Singapore starting today is the first by an Indian prime minister to the republic in 26 years. From that fact alone, it can be seen that the visit will
    510 words
  • Article
    Flicker of hope in Ulster
    246 16 IN CALLING OFF 25 years of guerilla warfare, the Irish Republican Army (IRA) has taken a bold step that bears comparison with the Middle East peace process or the settlement in South Africa. The need of the moment is to grasp the IRA's offer and
    246 words
  • Article
    Friendly passage to India
    210 16 THE STATE VISIT by Indian Premier P V Narasimha Rao to Singapore tomorrow marks a turning point in the bilateral relationship of the two countries after 26 years. The Indian fever is now on. It encapsulates economic as well as cultural and the existing social ties
    210 words
  • Article
    Effective, but not best, solution
    172 16 LAST WEEK, two government officials talked about whether caning should be resumed in schools. They were Lim Boon Heng, Minister Without Portfolio and MP Peh Chin Hua, deputy chairman of the Government Parliamentary Committee on Education. The former advocated resumption of caning in schools as
    172 words
  • Article
    No blueprint for peace
    151 16 THE DISTINCTIVENESS of Ulster within both Ireland and the United Kingdom is a matter of record. The significance of that distinctiveness is also a matter of debate. Now as Europe moves forward towards de facto federalism Ulster's oddity appears all the more marked: sectarian in politics
    151 words
  • Article
    Save children of the street
    136 16 THE EVENT may be a bit unusual. But considering the figures on hand, the significance of the four-day Week of Awareness Towards Street Children, which includes films, displays and discussions, should become immediately apparent. Surely, the growing presence of street children in our midst is
    136 words
  • Article
    Check crooked union leaders
    116 16 TRADE UNION leaders must recognise that they are not above the law. Some union leaders their union coffers aflush with funds from monthly subscriptions, investments and sometimes from foreign organisations, and their sizeable membership a great bargaining tool may perhaps be ensnared by temptation to use
    116 words
  • Article, Illustration
    Lock icon Unshackling monetary policy-making in Japan
    805 16  -  The nominal power of the Bank of Japan's Policy Board is a far cry from the clout exercised by the US Federal Reserve Board, says Naoaki Okabe Naoaki Okabe The Nikkei Weekly THE decisiveness of US Federal Reserve Board chairman Alan Greenspan was the highlight
    The Nikkei Weekly  -  805 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      198 16 6th Annual SAS User Group Conference Friday, 9 September 1994 Raffles Hotel, Casuarina Suites 8:30 am 5:00 pm New R&D in the SAS System A SAS Marco for Constructing Price by Mr Lee Richardson. SAS Institute Inc Indices by Mr Tan Teck Kianp, Housing Development Bo 3rd Using the SAS
      198 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      53 16 PfT pive O CLOCK PvLlOP<yS WAVE A SiPPee u>HooPy HOUDRV IN My HE-ART c A*socuTto nwtfcm lto, inmn4 c£d—■ 9266 DOONESBURY GARRY TRUDEA Sol loman ZfZ&l I»* I I 83SP- 1 50V' 7036 COUG& VMBXAIHGTOM, <IGOOPUJCK THANK TMRUNNIN6A gj™™* J- _j H£R£' IET? ttMBMLWXOSY, S J7«/,SON. HOUSX! HIGH6CHOOL- &e,SK I
      53 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Bouquets for Singapore, with a few brickbats
      1103 17  -  Using eight criteria, the new World Competitiveness Report ranks Singapore an overall second, and tops in 'government' and 'people' Chuang Peck Ming takes a look at the republic's scorecard as well as the performance of some Asian NIE competitors Chuang Peck Ming GOLIATH
      Source: The World Competitiveness Report 1994  -  1,103 words
    • Article
      Hongkong, Malaysia and Taiwan make top 20, too
      703 17 Malaysia has dislodged Taiwan to become the third most competitive newly industrialising economy as ranked by the latest World Competitiveness Report. Taiwan has slipped into fourth place, occupied by Malaysia in the NIE league in 1993. in the global ranking, the first
      703 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      159 17 A customised CYC shirt in a crease-resistant, cottonrich fabric for just $65 Now CYC has a smart solution to keep the work polished appearance. Everytime. In fact, with wrinkles at bay. A revolutionary French fabric our impeccable standards of workmanship, we in a cool, crisp mix of 55% combed cotton
      159 words
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  • Article
    Singapore set to be India's gateway to East Asia: TDB
    451 18  -  By Vikram Khanna SINGAPORE Singapore is poised to become India's gateway to East Asia over the next couple of years, according to Balagopal Nair, deputy director for international operations at the Singapore Trade Development Board. Briefing journalists yesterday, Mr Nair
    451 words
  • Article
    Lock icon 196 walk out as strike hits Hyundai yard again
    164 18 AFP SEOUL Strike fever flared up again yesterday at South Korea's largest shipyard, Hyundai Heavy Industries Co, when 196 union representatives walked out, company officials said. Labour union chairman Lee Kap Yong launched an indefinite hunger strike yesterday, demanding that the
    AFP  -  164 words
  • Article, Illustration
    Sporting way to Asean solidarity
    196 18  -  From Agnes Chen in PULAU LANGKAWI GOLF, it seems, is the secret behind Asean solidarity. Says who? Malaysia's Foreign Minister Abdullah Badawi, no less. As he prepared to tee-off with Singapore Prime Minis- ter Goh Chok Tong and several ministers at Datai Bay Golf Club
    196 words
  • Article
    Lock icon Johnson & Johnson to pay US$1b cash for Kodak unit
    292 18 Johnson Johnson to pay US$1b cash for Kodak unit Reuter ROCHESTER, New York Eastman Kodak Co will sell its Clinical Diagnostics unit, a major worldwide supplier of diagnostic products, to healthcare products giant Johnson Johnson for US$l,OOB billion (SSI.SI billion) in cash. The companies yesterday said that under the agreement,
    Reuter  -  292 words
  • Article
    Oldest tea firm in world seeks S'pore partners
    371 18  -  By Shiv Taneja SINGAPORE In its first major diversification, the world's oldest tea company, Calcutta-based The Assam Co Ltd, is seeking Singapore partners for a US$33O million (***** million) industrial park and commercial complex in the southern Indian state of Andhra Pradesh.
    371 words
  • Article
    East Asia right in managing value systems
    362 18 Report on world competitiveness SINGAPORE East Asian countries are doing the right thing in paying attention to education and managing their value systems, says the latest World Competitiveness Report. They know their comparative advantage in having low labour costs will not last, says
    362 words
  • Article, Illustration
    Of price movements, market timing and manipulators
    811 18  -  The Bottom Line R SIVANITHY R SIVANITHY The writer is BT's stock market reporter THE volatility displayed in the Malaysian stock market over the past three weeks has given new meaning to the terms "emerging market" and "market timing". On the face of
    811 words
  • Article
    Cheow Tong to witness signing of SBS joint-venture project in China
    416 18  -  From Teh Hooi Ling in CHENGDU MINISTER for Trade and Industry Yeo Cheow Tong will witness the signing ceremony of Singapore Bus Service's first joint venture project in China here today. Mr Yeo will also call on provincial leaders
    416 words
  • Article
    Lock icon Taiwan finally opens doors to all foreign insurance firms
    334 18 Reuter TAIPEI After eight years of delays, Taiwan has opened the doors of its exclusive club of local and US insurance firms to applicants from all countries, and officials are pleased with the response. Three non-US insurance firms have applied to
    Reuter  -  334 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      52 18 COMPAQ. N Authorised Dealer For Singapore China! MICRQ I Deals in Vietnam, Pg 3 Regional Analysis, 11-12 Editorial: Rao opens a new chapter, Pg 16 Singapore Kuala Lumpur NGEE ANN OOEON TOWERS Vf MENARA IMC CITY (Opp RafflM lOpp Shangri-La Hotel) (Orchard Road) Hotel)\|" QUALTTY INSTANT OFFICES Tel: 65-*****43 Fax
      52 words
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      Page 18 Advertisements Column 2
      15 18 ENHANCE /I wggm Memory Products Inc. I 7" I MICRO L parade*. For Your PC
      15 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      CityDev buys Citibank's half share in No 1 Shenton Way
      384 19  -  By Lilian Ang SINGAPORE Listed City Developments Ltd has bought Citibank's half share in No I Shcnton Way (formerly Robina House) for about $110 million. CityDev will pay Citibank about $25 million in cash, and undertake to service loans taken
      384 words
    • Article
      Apollo Enterprises' interim up 72pc
      300 19 SINGAPORE Apollo Enterprises Ltd achieved a 72 per cent increase in net earnings in the six-month period to June 30, due to improved margins and rental income from its Apollo Complex. The group, which owns the three-star Apollo Hotel along Havekxk Road, yesterday said net
      300 words
    • Article
      Inter-Roller incurs $923,000 loss due to lower turnover, margins
      240 19 SINGAPORE Sesdaq-listed Inter-Roller Engineering yesterday announced a loss of $923,000 for the six months ended June 30 compared with a profit of $56,000 in the previous corresponding period. Inter-Roller attributed the loss to lower turnover and margins. Turnover fell 15.6 per
      240 words
    • Article
      Flextech share offer 10.55 times subscribed
      200 19 SINGAPORE The initial public offer of shares by computer and electronics group Flextech Holdings has been subscribed 10.55 times. Flextech announced yesterday that a total of 23,589 applications were received for 142.43 million shares. Total application monies amounted to $78.3 million. Another 4.5 million
      200 words
    • Article
      Are Gordon Wu's projects standing on firm ground?
      686 19  -  HOCK LOCK SiEW By Lim Soon Neo HONGKONG It's September and time for Gordon Wu Ying Sheung, the managing director of Hopewell Holdings, to fulfil bis pledge to take the leap into the smelly Victoria Harbour. Mr Wu has been hounded by
      686 words
    • Article
      Sale of apartments, rents boost Liang Court interim profit
      444 19  -  By Abdul Hadhi SINGAPORE Profits from the sale of apartments and rental income helped Liang Court Holdings to post a 59 per cent rise in interim net profit to $4.55 million. Releasing its financial results for the six months ended June
      444 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        38 19 Firm Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight extents may alter sentiment Brokers polled: Alliance. Baring, Daiwa, GK Goh, Morgan Grenfell, Nomura, W! Carr and SG Warburg.
        38 words
      • Article, Illustration
        HOT STOCK
        137 19  -  By Paul Leo Pan United Holdings has fallen 39 per cent or 78 cents to $1.22 from its all-time high at $2.00 touched in late December. Short and medium-term technical factors are turning bullish. Daily Relative Strength Index is at 25 and any further decline in price will
        137 words
    • COMPANIES
      • COMPANYBRIEFS
        • Article
          Pan Pacific Public sells Anthonian
          46 20 SINGAPORE Sesdaq-listed Pan Pacific Public Co said it has has sold its wholly-owned subsidiary' Anthonian to Seow Tiong Hwa for $230,752. The price is equivalent to the net asset value of Anthonian as at April 1 plus a premium of $25,000.
          46 words
        • Article
          Cosco unit buys US$16m ship
          77 20 SINGAPORE Cosco Investment said its wholly-owned subsidiary, Cosco (S), has bought a 46,040-deadweight-tonne vessel from Volante Maritime, Panama City for US$l5.B million (5523.7 million). This will be the fourth vessel owned by Cosco (S). It will be renamed Sea Crane and will fly the Singapore
          77 words
        • Article
          DBS Land closes Hillview site deal
          83 20 DBS Land said yesterday that it had completed the purchase of the Castrol site at Hillview Road through its joint venture company Hill Grove Realty Ltd. DBS Land has a 50 per cent stake in Hill Grove while Orchard Parade holds the remaining stake.
          83 words
        • Article
          Liang Huat's new exec director
          33 20 Liang Huat Aluminium Ltd has appointed its non-executive director, Chang Wei Ming, to the post of executive director. He will oversee the group's overall financial and treasury matters.
          33 words
        • Article
          Lock icon Mulpha posts 86pc profit rise
          62 20 Bernama KUALA LUMPUR Mulpha International Bhd reported an 86 per cent jump in its unaudited group pre-tax profit to M 526.22 million (S$ 15.4 million) for the half-year ended June 30 from M 514.12 million in the previous corresponding period. Turnover was MS 194.12 million,
          Bernama  -  62 words
        • Article
          Lock icon Sime Darby buys stake in UK firm
          105 20 MBT KUALA LUMPUR Sime Darby London Ltd has announced it had received on Monday valid acceptance for 5.92 million shares in Lec Refrigeration pic, representing a 97.93 stake in the English company. Of the total stake acquired by Sime so far, 3.14 million
          MBT  -  105 words
        • Article
          Lock icon Ayer Hitam still in the red
          82 20 Bernama KUALA LUMPUR Ayer Hitam Tin Dredging Malaysia Bhd has reported a group operating loss of M 54.263 million for the year ended June 30. from M 56.565 million previously. Describing the year under review as "extremely difficult", AH Tin yesterday said turnover slipped
          Bernama  -  82 words
      • Article
        Switch from S'pore to M'sian stocks: Merrill Lynch
        501 20  -  From Ho Kay Tat in KUALA LUMPUR US brokerage Merrill Lynch Co has recommended that investors focus more on Malaysian rather than Singapore stocks. In its latest Asian Investment Strategy report, it also said it was time to invest more aggressively in
        501 words
      • Article
        Lock icon Utusan Melayu to take part in joint venture IT project
        278 20 Bernama KUALA LUMPUR Utusan Melayu (Malaysia) Berhad will take part in a joint venture information technology project which will provide fully integrated information technology services to government agencies, banks and major corporations. The joint venture will be undertaken by Utusan
        Bernama  -  278 words
      • Article
        Lock icon ASM's mega steel project to kick off soon
        121 20 Bernama KUALA LL'MPLR Amalgamated Steel Mill Berhad's mega steel project, which has been on the drawing board for some time, will kick off soon. Executive director Tan Onn Poh yesterday said the project which would involve a few parties, was being finalised.
        Bernama  -  121 words
      • Article
        French insurer Axa pays US$110m for Wing On Life
        251 20 SINGAPORE French insurance firm Axa has agreed to buy Wing On Life Assurance Company for US$llO million (SSI6S million) a move that will mark its entry into the Singapore life insurance market. The proposed deal, however, is subject to approval from
        251 words
      • Article
        Lock icon MGR forecasts M$43.7m consolidated profit
        242 20 Bernama KUALA LUMPUR MGR Corporation Bhd. which has made several expansion proposals including the purchase of a plywood manufacturer, has forecast a consolidated profit of M 543.682 million (5525.3 million) for the year ending Sep 30, 1995. In a circular to shareholders yesterday, on the
        Bernama  -  242 words
      • Article
        Petron's debut today expected to draw foreign interest
        467 21  -  From Al Labita in MANILA OIL firm Petron Corp will be listed today amid bullish sentiment that it will draw more foreign investors to the Philippine equities market. "The issue is a blue chip and we see it included in the foreign
        467 words
      • Article
        Lock icon Green light for public listing but employee shares excluded
        131 21 AFP MANILA Government regulators yesterday gave the go-ahead to Petron Corp, the Philippines' biggest firm, for a public listing but withheld approval for a block of 100 million shares reserved for employees. Securities and Exchange Commission (SEC) chief Rosario Lopez said
        AFP  -  131 words
      • Article, Illustration
        Lock icon China bourses not ready for foreigners: official
        386 21 Bloomberg Business News BEIJING In what appears to be remarks contrary to the sentiment of China's soaring stock markets, the chief of the country's securities watchdog on Monday told a listing symposium that the domestic bourses are not ready for full internationalisation, the
        Bloomberg Business News  -  386 words
      • Article
        Lock icon Nomura raises HK stock weighting, lowers Japan's
        295 21 Bloomberg Business News HONGKONG Nomura Research Institute Europe Ltd has raised its Hongkong weighting to 5 per cent from one per cent in its global equity portfolio. The increase has come at the expense of Japan, whose weighting has been reduced to 24
        Bloomberg Business News  -  295 words
      • Article
        Untitled
        540 21 MiaafWi' gr<ctt Sep 7 Mendaki Gr Fund 1.21 124*dffi Ciwgaiuu a Unit Tni|| Gf Fund I-01 1.05* Rapore unu usi IIMB The Commerce 1.69 1.79 UWB HTVfSt Mgl Ltd The Savings Fund 1.61 1.70 Unifund 1.57 1.63 S'pore Prog Fund 0.73 0.78 Umbond 1.035 1.06 S'pore Sec Fund 1.05 l.ltxd
        540 words
      • Article
        Lock icon Hopewell net earnings rise 20pc to HK$2.44b despite revenue drop
        533 21 Bloomberg Business News Reuter HONGKONG Construction, engineering and property company Hopewell Holdings Ltd has posted a 20 per cent rise in profit for the year ended June 30 matching analysts' expectations. Hopewell, the builder of the new joint-venture highway between
        Bloomberg Business News; Reuter  -  533 words
      • Article
        Lock icon Meralco plans to redevelop power plant into property complex
        349 21 AFP MANILA Manila Electric Co (Meralco) said yesterday it plans to redevelop a mothballed power plant in the Makati financial district into an eight billion peso (*****.5 million) residential and commercial complex. The power retailing giant said it plans to form
        AFP  -  349 words
      • COMPANYBRIEFS
        • Article
          Lock icon 600m Yizheng A shares likely in 1995
          91 21 Bloomberg Business News HONGKONG China-backed Yizheng Chemical Fibre Co said yesterday it is likely to issue 600 million A shares early next year. The company is still in talks with the Chinese government on the timing of the issue, Yizheng managing director Ren
          Bloomberg Business News  -  91 words
        • Article
          Lock icon Chuang's plans HK$104m share issue
          70 21 Bloomberg Business News HONGKONG Real-estate developer Chuang's China Investments said yesterday it intended to raise about HKSIO4 million (5520.2 million) by selling new shares to existing shareholders to help finance real-estate projects in southern China. The company's existing shareholders will be asked to subscribe for
          Bloomberg Business News  -  70 words
        • Article
          Lock icon JCT Electronics' profit doubles
          65 21 Bloomberg Business News NEW DELHI JCT Electronics Ltd, a picture tube manufacturer, posted net profit of 234.5 million rupees (5510.6 million) on sales of 2.41 billion rupees in the year ended March 30, the Observer of Business and Politics reported yesterday. It was the first time
          Bloomberg Business News  -  65 words
        • Article
          Lock icon Compaq appoints China head
          75 21 Reuter HONGKONG Compaq Computer Asia Pacific said it has appointed T C Hsi as managing director to head its China operations. Mr Hsi was formerly general manager of Hutchison Mobile Data, a joint venture between Hutchison Whampoa and Motorola. He will be in charge of Compaq
          Reuter  -  75 words
        • Article
          Lock icon China Airlines cuts profit target
          68 21 Bloomberg Business News TAIPEI Taiwanese flag carrier China Airlines lowered its profit target for 1994 by about 83 per cent to NTSS6O million (SS32 million) from NTS 3.4 billion, the Commercial Times reported yesterday. The cut followed accidents in the first half, which hurt business.
          Bloomberg Business News  -  68 words
        • Article
          Lock icon Wimpey posts £7.5m interim gain
          63 21 Bloomberg Business News LONDON UK construction and building materials company George Wimpey pic said yesterday it returned to profitability in the first half as a result of a four-fold increase in profit in the company's homebuilding operation. Wimpey reported pre-tax profit of £7.5 million (5517.4
          Bloomberg Business News  -  63 words
      • Article
        Lock icon Japan Telecom disappoints, share price down 1pc on debut
        607 22 Bloomberg Business News TOKYO Shares in I long-distance telephone carrier Japan Telecom Co dropped 1.06 per cent to 4.65 million !yen (5570,587), tumbling from Uheir initial offering price of '4.7 million yen. Investors see the US$l6O Ibillion (*****.8 billion) debut <of
        Bloomberg Business News  -  607 words
      • Article
        Lock icon Japan's steelmakers see light at end of tunnel
        477 22 Bloomberg Business News TOKYO Japan's leading steelmakers will lose money in the half-year period to Sep 30, but company executives said they could see glimmers of light at the end of the tunnel. Nippon Steel Corp, the world's largest steelmaker, will lose
        Bloomberg Business News  -  477 words
      • Article, Illustration
        Lock icon A TV set and movie camera too
        62 22 AFP TOKYO Victor Co of Japan (JVC) announced on Monday plans to launch the multi-func-tion televideo movie camera on Oct 1. The camera, priced at L'Ssl,4so (552,170), will feature a bright 3-inch (7.5-cm) liquid crystal monitor. It will also feature a video-messaging system
        AFP  -  62 words
      • Article
        Lock icon Indian brokerage offers rare friendly retail service
        434 22 AFP BOMBAY India's rapidly expanding shareholders' community, until now dependent on ultra-secretive brokers for routing their money into stocks, are being promised an open, client-friendly stock brokerage. Unit Trust of India Securities and Exchange Ltd (Utisel), promoted by India's largest mutual fund, aims
        AFP  -  434 words
      • Article
        Lock icon Air New Zealand's profit expected to leap to NZ$200m
        277 22 AFP WELLINGTON International carrier Air New Zealand, already known as a lean and efficient operator, is expected to prove today that it is also profitable with a big profit lift. Analysts expect the once state-owned airline to post af-ter-tax earnings of
        AFP  -  277 words
      • Article
        Lock icon Lufthansa's imminent share sale to exclude US market
        368 22 FT LONDON The latest stage in the German government's privatisation of Lufthansa, the national airline, is set to go ahead at the end of this month, Dresdner Bank, which is coordinating the international and domestic offerings, said yesterday. The government's timing coincides
        FT  -  368 words
      • Article
        Lock icon Plunge in Capcom shares points to end of a video game fad
        368 22 NYT TOKYO Street Fighter is taking a beating on the stock market. That could be an indication that one of the most successful video game fads ever has at last run its course. Capcom Co, based in Osaka,
        NYT  -  368 words
    • FINANCE & COMMODITIES
      • Article
        Keppel Viet fund committed to 3 new projects, 9 more planned
        377 23  -  By Quak Hiang Whai SINGAPORE Keppel's Vietnam Investment Fund (VIF), which successfully raised another US$4O million (Ss6o million) recently, has made commitments to three new projects and is negotiating for another nine projects costing US$4lO million. Keppel Group finance
        377 words
      • Article
        Lock icon Jittery Swiss banks find new haven in Channel Islands
        368 23 Reuter GUERNSEY. Channel Islands Swiss banks are looking to Guernsey to help preserve their lucrative reputation for discretion and secretiveness. Switzerland now ranks second after the UK in the number of banks with Guernseyregistered institutions, with a total of 13 now
        Reuter  -  368 words
      • Article
        Lock icon Mexican govt seizes banking group over fraud
        110 23 Bloomberg Business News MEXICO CITY Mexico's Finance Ministry has taken control of financial company Grupo Financiero Union SA after discovering a scheme of fraudulent loans. At the same time, the Attor-ney-General's Office has issued arrest warrants for some of Union's officials, including board
        Bloomberg Business News  -  110 words
      • Article, Illustration
        Lock icon Austria picks JP Morgan to advise on Creditanstalt sale
        204 23 Reuter VIENNA Austrian Finance Minister Ferdinand Lacina has hired US investment bank JP Morgan to advise him on the privatisation of CreditanstaltBankverein, in which the state has a 70 per cent voting stake. Finance ministry sources on Monday said the advisers
        Reuter  -  204 words
      • SMALLCHANGE
        • Article
          Lock icon Wharf signs 10-year HK$3b loan
          91 23 Reuter HONGKONG Wharf (Holdings) Ltd has sijgned a 10-year HKS3.O billion (SSSB2 million) term loan facility for working capital with 12 financial institutions, arranger Hang Seng Finance Ltd, a unit of Hang Seng Bank, said on Monday. The syndicated loan, borrowed through Dardon Co Ltd,
          Reuter  -  91 words
        • Article
          Lock icon Thailand launches samurai bonds
          95 23 Reuter TOKYO Thailand launched three samurai bonds of 10 billion yen (S$ 152 million) each, lead-managed by Nomura Securities Co Ltd, underwriters said yesterday. All three bonds are priced at par. The first set of bonds, due on Sep 22, 1997, carries a coupon of 3.8
          Reuter  -  95 words
        • Article
          Lock icon Megamedia plans US$28m bond sale
          96 23 Bloomberg Business News TAIPEI Megamedia Corp, one of Taiwan's largest manufacturers of floppy disks, yesterday said it plans to raise US$2B million (Ss42 million) abroad through a bond sale. About US$lB million will pay for expansion of a floppy disk assembly and coating operation at
          Bloomberg Business News  -  96 words
        • Article
          Lock icon First Pacific selling US bank stake
          90 23 Reuter HONGKONG First Pacific Co Ltd on Monday said it was negotiating the divestment of at least 80 per cent of its whollyowned Californian retail bank. United Savings Bank FSB, to the Salim family, major shareholders in the diversified Hongkong company. "The planned divestment
          Reuter  -  90 words
        • Article
          Lock icon KL insurer ordered to wind up
          76 23 AFP KUALA LUMPUR Malaysia's largest general insurer, Mercantile Insurance Sdn Bhd, was ordered by the High Court yesterday to wind up business, two months after it was liquidated after it became insolvent. The court issued the order following an application by Bank Negara, the
          AFP  -  76 words
      • Article
        10pc of global gold supply sold in first half: study
        379 24  -  From Neil Behrmann in LONDON THE investment community has grown disenchanted with gold following its lacklustre performance this year. Funds and other investors sold 5.1 million ounces or 10 per cent of total gold supplies in the first half of
        379 words
      • Article, Illustration
        Lock icon Sri Lanka bid for tea cartel with India will be non-starter, says Indian exec
        288 24 AFP NEW DELHI A Sri Lankan move to form an informal tea cartel with India to lift tea prices will prove to be a nonstarter, a prominent Indian business executive was quoted yesterday as saying. "The
        AFP  -  288 words
      • Article
        Lock icon New demand, world shortage heat up Asian coffee prices
        375 24 Reuter KUALA LUMPUR Asian coffee bean prices are on the boil again as domestic demand in Indonesia heats up, world supply of robusta beans tightens and the market awaits the arrival of the new Vietnamese crop, regional traders and analysts said
        Reuter  -  375 words
      • Article
        Lock icon Saudi Arabia calls for more investment in petrochemicals
        222 24 Reuter DUBAI Saudi Arabia on Monday called for more domestic private investment in its petrochemicals industry and said it would make it easier to set up plants. A statement carried by the official Saudi Press Agency after the Saudi Cabinet's regular weekly
        Reuter  -  222 words
      • Article
        Lock icon Aussie wool team heads for China to boost exports
        214 24 AFP SYDNEY Australia announced on Monday it was sending a team of 50 people from its wool industry to join Trade Minister Bob McMulian on his mission to China to secure further access for wool exports. The largest delegation yet from
        AFP  -  214 words
      • Article
        Lock icon Mapco to pay Alaska US$95m in royalty dispute
        244 24 Platt's Oilgram ANCHORAGE Mapco Alaska Petroleum Inc, the last holdout in a long royalty dispute involving more than a dozen producers and refiners, has agreed to pay the state of Alaska US$95 million (Ssl43 million) to resolve its portion of claims on
        Platt's Oilgram  -  244 words
      • Article
        Lock icon China minister lets out golden secret but media silent
        192 24 Reuter BEIJING A government minister revealed on Monday one of communist China's best-kept commercial secrets but not a word was carried in yesterday's national press. Song Ruixiang, Minister of Geology and Mineral Resources, let it slip to reporters in response to
        Reuter  -  192 words
      • Article
        Crude futures rebound amid strong demand
        178 24 Bloomberg ENERGY REPORT LONDON London crude futures climbed yesterday amid signs of buoyant demand, reversing Monday's 2.4 per cent drop following the collapse of a Nigerian oil worker's strike. At 16.45 GMT, Brent crude was 20 cents higher at US$6.l5 a barrel, having lost
        178 words
      • Article
        Lock icon Malaysian palm oil output seen falling for first time in decades
        255 24 Reuter KUALA LUMPUR Malaysia's palm oil output could fall for the first time this year after decades of expansion, and industry officials said production could grow slower in the coming years. Malaysia's rapid industrialisation and an acute labour shortage
        Reuter  -  255 words
      • Article
        Lock icon Currency Reports: London
        198 24 Reuter LONDON The dollar was holding just above support at 1.54 marks late in the European session, hit by weakness in the US Treasury bond market and by a generally firm mark. "The dollar's movement this afternoon was not quite 100 per cent linked to the bond
        Reuter  -  198 words
      • Article
        Lock icon New York
        93 24 AFP NEW YORK The dollar retreated yesterday morning in light trading due to the Jewish new year and in anticipation of US-Japanese trade talks and August wholesale figures later in the week. Around 1330 GMT, the dollar was trading at 1.5435 marks against 1.5549 Friday and 98.75 yen
        AFP  -  93 words
      • Article, Illustration
        Untitled
        1553 24 Inade-ueifhied index lokulalni against S'pure's lop 14 trading partners Base year 198} US$/S$ forward rates Noon Sep 6 s$ Bid Oder 1-month I 498J 1.4997 2-month 1.4979 1.499J month ***** I 4990 6-month I.49S7 1.497} Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9mi on S«p 5 Singapore dollars to
        1,553 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, JGBs end up after BOJ report
        1261 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and the Japanese government bonds (JGB) futures closed higher after the release of the Bank of Japan's quarterly business report, tankan. but Eurodollars were little changed in lacklustre trading. Dealers said that Japan's August tankan took centrestage
        Reuter  -  1,261 words
      • Article
        Palm oil higher on Egypt's tender
        684 25 COMMODITY REPORTS Palm OH CRUDE palm oil prices closed higher in moderately active trading yesterday on short covering activities. Dealers said the market was firm on Egypt's impending tender for RBD palm oil. Egypt is seeking to buy 15,000 tonnes of Oct RBD palm
        684 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          UK group targets instant coffee mart
          94 25 LONDON Fair-trade group Cafedirect is aiming to capture a one per cent share of the £500 million (551.16 billion) instant coffee market in the UK with a new brand targeted at the premium end of the market. The company launched a new freeze dried
          94 words
        • Article
          Ukraine's sugar target 3.6m tonnes
          148 25 MOSCOW Ukraine, the largest sugar producer in the former Soviet Union, will harvest nearly 32 million tonnes of sugar beet and produce nearly 3.6 million tonnes of sugar this year, officials in Ukraine's Agriculture and Food Industry told Inter-fax-Ukraine. The harvest and production figures are
          148 words
        • Article
          Indian cotton output down
          94 25 BOMBAY India's cotton production during the 1993-94 season has been estimated at 12.2 million bales, down from 13.9 million in the year earlier. The estimate was made at the meeting of the Cotton Advisory Board convened by the Textile Commissioner, Rajendran Nair. Some trade sources estimated
          94 words
    • Article
      COMMODITY PRICES
      1364 25 Rubber Singapore Commodity Exckm(i (fwturas dosing as at 5.3#p«) IBS 1 C—tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Octl4 *****5 180 50 181.75 iS25 2625 Nov 172.50 172.25 172.25 150 4450 Dec 169.75 169.50 169.50 175 3950 Jan/Mar 95 166.75 ***** Apr/Jun 167.00
      1,364 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        978 26 +8.1 SHARES climbed in quiet trade yesterday as brokers reported many investors standing on the sidelines waiting for Wall Street to open after a public holiday. The key All Ordinaries Index closed at 2,103.6 points, up 8.1. The All Resources Index gained 9.9 to 1,421.0 as the All Industrials
        978 words
      • Article
        Manila
        692 26 -17.82 Share prices fell yesterday as investors collected profits to prepare for the historic listing of Petron Corp, the country's largest company. The PSE Composite Index fell 17.82 points to close at 3,086.48. Turnover was 9.79 billion shares valued at 1.33 billion pesos. Analysts say investors are waiting for
        692 words
      • Article
        New Zealand
        295 26 +2.71 Stocks rose yesterday on strong demand for phone company Telecom Corp but the broader market declined amid low volumes. The NZSE-40 Capital Index gained 2.71 points to 2,179.22, its highest closing level since March 23. However, decliners outnumbered advancing stocks by 13 to 11. Volume totalled NZ$4B.B
        295 words
      • Article
        Bombay
        65 26 -2.00 Stocks ended steady in dull trading which was restricted to just one hour on account of a Jain festival. The 30-Share BSE Index closed at 4,508.75, down by two points from its previous day's close of 4,510.75. Among the shares that were actively traded, Jaiprakash Industries went up
        65 words
      • Article
        Taipei
        598 26 -35.85 Share prices dipped 35.85 points to settle at 6,830.47 yesterday in moderate trading over weak electronics. Turnover narrowed to 1.11 billion shares valued at NT557.02 billion. Taiwan Semiconductor Manufacturing (TSMC), the country's largest integrated circuit producer, remained the leading winner by gaining 7 per cent at NTS 102.50
        598 words
      • Article
        Seoul
        457 26 +7.89 Share prices hit a high for the year yesterday against a backdrop of ample liquidity. The Composite Price Index touched an intra-day high of 986.96 points shortly after the market opened, but closed out at 977.50. up 7.89. Trading was a heavy 56.3 million shares worth 916.6 billion
        457 words
    • WORLD STOCK MARKETS
      • Article
        London
        642 26 •36.1 STOCKS fell to their lowest level in two weeks amid renewed declines in the dollar and concern British interest rates might rise within days. The FT-SE 100 Index fell 36.1 points to 3,205.4. its biggest one-day decline since June 24, when it fell 65.8 points. The average was
        642 words
      • Article
        Paris
        154 26 -36.75 French stocks fell 1.8 per cent, the biggest one-day fall in three months, in what analysts said was a change in the psychology of investors from hopes of further cuts in European interest rates to expectations of rate rises. "The big thing is that only a week ago,
        154 words
      • Article
        Frankfurt
        175 26 -7.84 German stocks fell in postbourse trading for the second day, as a weak bond market continued to foster concerns about higher interest rates. The DAX Index fell to 2,158.06, down 7.84. The index was pulled down by shares in Metallgesellschaft, the mining and industrial conglomerate, which lost 8.5
        175 words
      • Article
        Brussels
        147 26 •7.86 Belgian stocks dropped for the second day as higher long-term borrowing costs, and a decline in the dollar, threatened weaker US earnings for Belgian companies. The Bel-20 index fell 7.86 points to 1.464.76, its lowest since Aug 26. "The rise in yields is very worrying for companies," said
        147 words
      • Article
        Milan
        167 26 -101 Italian stocks closed lower for the sixth day, pulled down by a weak bond market amid growing evidence that European interest rates have bottomed out. Investors are also awaiting news from a Cabinet meeting yesterday where ministers are discussing spending cuts to lower the 1995 budget deficit. Italian
        167 words
      • Article
        Amsterdam
        274 26 -3.69 Dutch stocks fell for a second day as the prospect of rising interest rates continued to weigh down European bonds. "It's hard to find buyers," said a trader. "The bond market doesn't really want to recover. That's annoying." The weaker dollar is also resulting in selling pressure, particularly
        274 words
      • Article
        Stockholm
        118 26 -6.39 Swedish shares closed lower amid concern over which political party will gain a majority in parliament in Sweden's general elections on Sep 18. The OMX Index closed 6.39 points down at 1,113.36. "The market is still worried about the small parties and the possibility of them coming into
        118 words
      • Article
        Zurich
        255 26 -22.1 Swiss stocks fell as investors reacted to renewed weakness in the dollar and a gloomy outlook for German interest rates. The SMI Index lost 22.1 points to 2652.4. The broader SPI Index lost 10.91 to 1751.08. "Considering the interest rate fears and the low dollar. the market held
        255 words
      • Article
        Johannesburg
        331 26 4-54 Gold shares led South Afri can equities higher again on Tuesday as their upward charge continued despite fears of profit-taking after recent gains. "The market is very strong," a dealer said. "People are expecting this gold price to run". Demand for commoditybased stocks was seen from local and
        331 words
      • Article
        Toronto
        226 26 •18.85 Stocks fell in quiet midday dealings, hit by bond weak ness in the wake of a soft US dollar and President Bill Clinton's proposed middle class tax cut. "Yes it's weaker but there's no volume today. 1 don't expect anything much this week," one dealer said. The TSE-300
        226 words
      • Article
        New York
        744 26 -5.05 Stock prices drifted modest ly lower in sparse trading early yesterday, as bond prices tumbled, the Dow Jones was down 5.05 points to 3,880.53 at 1 lam EDT. The New York Stock Exchange Composite Index eased 0.63 to 259.30, while Standard Poors 500-stock index was down 1.00
        744 words
      • Article
        Untitled
        690 26 Britannia Funds Sterling Cash Bid Offer Mim lap Deposit M 6400 M 6500 Mim Jer*> Gilt jO IM) 0 1992 Mim Mat Income *0 *0 4400 I S$ Cash Income Plu* Fund *9 5200 *100)00 PS J Reserve Fund *5 MOO *5 )100 Sterling bqait) Euro Performance 1X4592 0 49X
        690 words
    • Article, Illustration
      Lock icon HONGKONG
      2806 27 Bloomberg Business News HONGKONG Stocks rose yesterday for the third consecutive day on expectations that foreign investors will resume shifting money to Hongkong. Investors believe "any price paid today will be a little less than that paid tomorrow", said a trader. The Hang Seng Index closed up 73.93 points
      Bloomberg Business News; Source: Bridge Info  -  2,806 words
    • Article, Illustration
      Lock icon CHINA
      544 27 CLSA SHANGHAI B shares edged up 11.16 points to 919.76 on US$B.9 million turnover led by Shangling Elec, which was up 4.8 per cent on US$2.7 million turnover. Property counters Jinqiao +1.8 per cent) and Outer Gaoqiao (+3.5 per cent) and Phoenix Bicycle 5.8 per cent) gained on positive
      CLSA  -  544 words
    • Article, Illustration
      Lock icon TOKYO
      2441 27 Bloomberg Business News TOKYO Stocks fell yesterday as the debut of a closely watched new share offering fizzled. Trading in the overall market closely followed the fortunes of Japan Telecom as it rose initially, only to fall below its opening price by the end of the day. The Nikkei
      Bloomberg Business News; Source: Bridge Info  -  2,441 words
    • Article, Illustration
      Lock icon BANGKOK
      1589 27 Reuter BANGKOK Prices fluctuated throughout the day to close slightly higher on buying of small, cheap stocks. The SET Index closed 3.84 points higher at 1,535.14 on moderate 9.14 billion baht turnover. "Blue-chip trading was pretty dull today because investors turned to buy small capitalisation stocks with low prices,"
      Reuter; Source: Bridge Info  -  1,589 words
    • Article, Illustration
      Lock icon JAKARTA
      886 27 Reuter JAKARTA Share prices closed higher amid upbeat sentiment towards a wide range of counters by both local and foreign players, brokers said. They said strong buying interest in consumer, cement and property stocks backed the index's move. It closed some distance away from the next resistance level of
      Reuter; Source: Bridge Info  -  886 words
    • Article
      CLOB INTERNATIONAL
      2398 28 Sel Properties 10.801.000 Ind Oxygen Wl95 5.837.000 Promct 4.849 000 Mulpha lull JOC 4.641.000 Mm Hyd 50: 4 482.000 Asia Pa'c Ld 4.331 000 Bcqaya L *!«*> 3 466.000 Ind Oxygen 50c 3.675.000 kemayan C cwp 3.504.000 CASH 50c 3.373.000 Anuh Hldts 50c 2.7II.OOO Cianda Hhfe 2.599 000
      2,398 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Retailers zoom in on plantation, mining issues
        5920 28 Bernama KUALA LUMPUR Share prices here closed higher yesterday on active buying for retail stocks, particularly plantation and mining issues, and support for laggards among index components. Despite a slow start, the Emas Index rose steadily to finish 4.77 points higher at 341.42
        Bernama; Source: Bridge Info  -  5,920 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8260 29 MAIN BOARD .J fj j 1 Cr Gr M Wi 1994 |jni Vol Day IjiI Qmk Di« Di» Yld Net Cap V.g High Low Company Sal* (-*00) High I o« Bayer SfUrr Or P'E tail Price INDUSTRIAL AND COMMERCIAL l-MO 835 a t s Acma 980 -20 172 1000 980
        8,260 words
      • Article, Illustration
        Lock icon Prices firm up with late surge by Malaysian stocks
        1833 30  -  By R Sivanithy SINGAPORE Sustained buying late in the day led to firmer prices across the board yesterday, with the biggest gains chalked up by Malaysian stocks. The surge was powerful enough to leave observers confident that the gains will be
        Charts by Bridge Info; Source: Bloomberg  -  1,833 words
  • Page 19 Advertisements
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      12 19 Hopewell net earnings rise 20pc to HKs2.44b despite revenue drop, Pg 21
      12 words
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      Page 19 Advertisements Column 2
      350 19 NEWS VALUE How today's news might affect your stocks S'pore Telecom may float cellular, paging businesses (pg I) Bullish for Telecom. Floatations would "expose" the underlying value of Telecom shares. IRAS rakes in GST revenue of $314 m in first three months (pg I) Economy doing even better than expected?
      350 words
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      828 20 Unit Trust table, Pg 21 Dividends table has been held over m«< ■JIML THE NEXT These ehophouees form part of the 1994 Sales Programme for conservation shophouses. Ideal for commercial use, all are to be retained, conserved and v I repaired according to URA's conservation guidelines. Enterprising individuals waiting to
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      219 21 The Key to Wealth Protection. i- One key lo wealth protection is the reduction of downside risk. Rising US interest rates abruptly ended investor hopes for a repeat performance of last year's financial markets. Fear of inflation and anticipation of more rate hikes sent most equity and bond markets in
      219 words
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      585 22 FLEXTECH HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 13 October 1993) Invitation in respect of 18,000,000 New Shares of $0.15 each ("Shares") comprising: (I) 13,500,000 Offer Shares at $0.55 for each Offer Share by way of public offer; and 01) 4,500,000 Placement Shares at $0.57 for each Placement
      585 words
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      Page 22 Advertisements Column 2
      140 22 Jmj University of South Australia International Focus Strengths and Advantages Focus on emerging management environments International faculty from Australia, Asia and Singapore and the global forces shaping them All faculty members scored outstanding ratings of >4 out International faculty; Worldwide recognition of 5 for their seminars and lectures Innovative Modules
      140 words
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      81 23 How to succeed In the FOREX EXCHANGE MARKET? Sunyen Investment is a premier jA* SUCCeSS Forex Trading House. All Senninor tr *des are done through a wr mD leading Bank. With our team of A TRADERS experience Forex Managers, c* oa l. we will train and s uide y° u
      81 words
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      Page 23 Advertisements Column 2
      145 23 PROMINENCE PRESTIGE 'ViiflMi Excellent access to the expressway network. DISTINCTION ACCESSIBILITY The highest quality of finish with Large flexible floor plates of up Prominently located just outside j distinctive viracon blue glass facade. to 16,590 sq ft (1,541 sq m) which the CBD Restricted Zone, at the Impressive double-storey entrance
      145 words
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      49 24 You may have been unable to get your Business Times, Straits Times, Sunday Times. UanHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, cal Customer Services Section on 1800-749-2577. and ask for home or office delivery service.
      49 words
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      188 25 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN BAHAMAS JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS GIBRALTAR PANAMA HONG KONG U.K. LTD
      188 words
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      Page 25 Advertisements Column 2
      39 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 7 STRAIGHT TALK You shouldn't hMtortid between the fines to get the ful picture. Companies fit Markets. Evwyd* KSnessEmg
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      39 27 r FAST AND EFFECTIVE RELIEF FROM COLD AND FLU SYMPTOMS. fIH New from the makers of Panadol. PanaAol' Relieves aches, pains and fever. m Helps clear stuffiness unblock Sterling runny noses. Health Suppresses coughs. Available only at leading pharmacies.
      39 words
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      33 29 Johnston Murphy. A heritage of excellence since 1850 Gaieties Lafayette Orchard f Isetan Scotts Robinsons Takashimaya r?Sg|E|£'PORT SHOTS i The latest In sea, air \3S§3 an^,and transportation Shipping Times Monday to Friday. Businesslimes
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      146 30 TRADE ENQUIRIES We need prices for following items urgently: 1. Cement BSS 1278/450 packing 50kg HDPE bags or 1 ton jumbo packing. Reqm 100,000 tons. 2. Rock Phosphate 50,000 mt. 3. Di-Ammonium Phosphate 100,000 tons. 4. Sulphur 0.7% 125,000 tons. 5. Single Super Phosphate 35,000 tons. 6. Urea Fertilizer 46%
      146 words
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      Page 30 Advertisements Column 2
      212 30 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF MALAGA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap 50 that the Final Meeting of Members
      212 words
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      Page 30 Advertisements Column 3
      210 30 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF SIM LIM ENGINEERING (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap 50 that the Final Meeting of Members o* the Company
      210 words
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      Page 30 Advertisements Column 4
      385 30 GOD UPPOBANK P.T. LIPPO BANK acting through its branch in the Cook Islands United States Dollars Negotiable Floating Rate Certificates ot Deposit Due 4th April 1996 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the period from 6th September 1994 to 6th
      385 words
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      Page 30 Advertisements Column 5
      557 30 THE COMPANIES ACT, CHAPTER SO Section 290 (2) (b) NOTICE OF RESOLUTION GREAT PACIFIC FINANCE LTD (In Mambars' Voluntary Liquidation) m AT AN EXTRAORDINARY GENERAL MEETING of Great Pacific Finance Ltd held at 6 Shenton Way, DBS Building, Singapore 0106onthe Ist day of September 1994, thetollowing resolutions were duly passed:
      557 words
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  • ShippingTimes
    • Article
      TWRA lines to raise currency surcharge for S'pore, Japan
      414 31  -  Fuel surcharge will also increase in the fourth quarter By Alec Almazan SINGAPORE Members of the Transpacific Westbound Rate Agreement (TWRA) are increasing their currency adjustment factor (CAF) surcharge for both Singapore and Japan for the quarter beginning Oct 31. According
      414 words
    • Article, Illustration
      Lock icon Mammoth undertaking
      61 31 Reuter HONGKONG The US-owned John Cunningham oil rig anchors off a Hongkong island for a U*****,000 (S$780,000) refit after drilling in the southern Chinese Liuhua coastal oil field since September 1993. Hongkong companies have been given the contract to perform the routine refit, which includes underwater inspections by
      Reuter  -  61 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1103 31 Page Col ABC Containertine 16 4 Accord Group 8 1-3 Ahlers Line 13 3 Ahrenkiel Liner 4 1/2 •ANL 3 1/2 Antaco Mgmt 17 4/5 •APL 5 3-5 Appenship 8 4/5 Arabian Express 15 S •ASCL 5 5 Assist Marine 6 1 Avant
      1,103 words
    • Article
      Lock icon Van Ommeren finalises sale of terminal
      189 31 Bloomberg Business News AMSTERDAM Dutch shipping and tank storage company Van Ommeren NV said on Monday it finalised the sale of its Amsterdam Votta tank terminal to Toronto-based International Dunraine Ltd. Van Ommeren had already announced last April that it expected to complete the
      Bloomberg Business News  -  189 words
    • Article
      Lock icon Talk of deal to sell building premature: Baltic Exchange chief
      377 31 Knight-Ridder LONDON Reports that the Baltic Exchange is poised to sell its Grade II listed bombdamaged freehold site are "premature", Jim Buckley, chief executive and secretary of the Baltic Exchange Ltd, said on Monday. "No price has been agreed, no
      Knight-Ridder  -  377 words
    • Article
      Ships must now declare gross tonnage for PSA clearance
      272 31 SINGAPORE Ships applying for port clearance must now submit to the Port of Singapore Authority either an international tonnage certificate or provision tonnage certificate containing the gross tonnage of the vessel. The regulation is contained in Port Mariner Circular Number 18
      272 words
    • Article
      Lock icon Swan Hunter doomed to closure
      282 31 Reuter LONDON Britain's Swan Hunter shipyard, already a shadow of the firm which once built some of the world's most famous ships, was doomed to closure on Monday after a French shipbuilding company withdrew from takeover talks. Constructions Mechaniques de Normandie (CMN) said in a
      Reuter  -  282 words
    • Article
      Lock icon Secondhand handymax bulkers in great demand
      305 31 Knight-Ridder LONDON Demand for sec-ond-hand handymax bulk carriers is "rampant", according to UK shipbrokers Galbraith's on Monday. "The brokers say that it is now necessary to pay in excess of US$l6 million (SS24 million) for tonnage already 10 years old. Although charter rates of
      Knight-Ridder  -  305 words
    • Article
      Daily Freights
      1603 32 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,430 Monday from 1.442 on Sep 2. The Labor Day holiday in the US contributed to an already slow start to the day on the freight market, brokers said. On the key US Gulf to Japan
      1,603 words
    • Article
      THE SHIPPING GUIDE
      13489 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
      13,489 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        585 48 V«$mI Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departue Jurong Port Uttiai Navee 01WB P07 alongside *****300 Balam indaH N143 M atapafc 07 09 2300 Aung Nyunt P 04,94 P01A 07 09 0800 08 09 0600 Batam Mum 09/02,94 II alongside 07 09 2300
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        CONTAINER SCHEDULES
        1101 48 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO p Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Ha Patsy 0566 09/2000 4 07/1200 07/1459 07/1700 At* Swan 134A 07/1500 W 06/1500 06/1659 06/1900 *Ad Goncharoi 42SI94 08/0915
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      TRANSPORT DIARY
      256 48 COURSES Title: Seatrade Asia Pacific Cruise Convention Duration: Sep 7-9 Organiser The Seatrade Organisation Venue: West in Stamford Westin Plaza Tel: Tel: 0206-***** or fax: 0206-*****. Title: Container Yard Management (SDF 50%) Duration: Sep 7 Nov 9(18 evenings) Organiser Port of Singapore Authority Tel: For more information contact
      256 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Cargo aircraft demand to grow 6.2pc: Boeing
        322 50 Reuter LONDON Demand for allcargo aircraft capacity will average 6.2 per cent annually between now and 2013, according to a world air cargo forecast published by The Boeing Co. The report said this pace will be similar to the 6.5 per cent annual
        Reuter  -  322 words
      • Article, Illustration
        Lock icon British Aerospace, Lockheed engage in war of words
        650 50 Farnborough air show Reuter FARNBOROUGH, England A war of words erupted on Monday over a key British defence contract as the world's aerospace industry met for the Farnborough air show. But amid the scream of low-flying fighters in the quiet English countryside
        Reuter  -  650 words
      • Article
        Lock icon British Airways' passenger traffic up 4.5pc in Aug
        289 50 Bloomberg Business News LONDON British Airways pic said on Monday passenger traffic rose 4.5 per cent in August compared with a year earlier, lower than the annual rate in July, as traffic on intercontinental routes slowed. The company said traffic on intercontinental
        Bloomberg Business News  -  289 words
      • Article
        Lock icon Airbus rejects bribery charges
        78 50 AFP FARNBOROUGH, England Airbus dismissed on Monday aH details of charges that bribes had been paid for contracts in Jordan which have led to the dismissal of three senior executives of Royal Jordanian airlines. The president of the European Airbus airline consortium, Jean Pierson, who was
        AFP  -  78 words
      • Article, Illustration
        Lock icon US-made ambulance to sell in Japan
        62 50 Reuter TOKYO A US Embassy worker in front of the first right-hand drive US-made high-technology ambulance designed for the Japanese market, equipped with US-made emergency medical products, at its promotional launch at the embassy yesterday. Built by Wheeled Coach using a Ford chassis and
        Reuter  -  62 words
      • Article
        Lock icon Daimler's finance chief to lead Dasa
        68 50 Bloomberg Business News MUNICH, Germany The finance chief of Daimler-Benz AG, Manfred BischofT, is taking over the company's aerospace division, a Daimler spokesman said on Sunday. Mr BischofT will succeed Jurgen Schrempp as chairman of Deutsche Aerospace AG, or Dasa, the Frankfurter Allgemeine Zeitung
        Bloomberg Business News  -  68 words
      • Article
        Lock icon Japan urged to open small car market
        51 50 Bloomberg Business News BRUSSELS ACEA, the European car manufacturers' association, demanded the Japanese government withdraw laws restricting imports of small cars, the Wall Street Journal Europe reported on Monday. ACEA said the "kei-car" laws, which include preferential taxes, discriminates against small European car
        Bloomberg Business News  -  51 words
      • Article
        Lock icon Thai railway hopes cargo depot will boost business
        249 50 AFP BANGKOK The State Railway of Thailand (SRT) hopes a US$53-million (5579.5 million) cargo depot will lure business away from Thailand's myriad trucking firms and breathe life into a flagging freight market. The shipping centre at Lat Krabang, an eastern Bangkok suburb,
        AFP  -  249 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1408 50 n*t ro nm n» GA963 0920 GA964 0310 Ma DfcaM GA895 1305 SQ442 2000 0KS10 1900 0KS11 2255 IMWt SQ227 2030 o—MM RJ182 1440 RJ1S3 222S flmili i <ini KL831 0935 GA974 0345 GA895 1305 KL832 2300 SQ323 1815 SQ324 2345 flartitinit NZ21 1820 NZ22 1935
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      55 31 Drager k ra SAFETY EQUIPMENT PA9O MARINE MKPI Specifically Dcaigoed BmIm« App*«lu> V Far Martians Application HIGH QUALITY HIGH PUTOftMANCE HIGHLY AFFORDABLE Draeger South East Asia Pte Ltd 67 Ayex Rajah Crescent #06-03 Singapore 0313 Tel: 773 2133 Fai: 773 2033 Tlx: RS ***** DWSING Cargo aircraft demand to grow
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      27 31 Lines and services represented by Members of the Registry of Accredited s ®o®*) Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
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      26 31 VISA FREIGHT SERVICES PTE LTD THE TOTAL TRANSPORTATION PEOPLE J_ g 1800 *****66 PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times nmmm
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      2026 32 import.... import.... mg^^m —HI 1 NORTH AMERICA ■111 I ——I ■HPHH KSSfL WT STOM U OM VO XA OAI HOUSTON CMC NT MJUCO QTT KSSfL STOM IKWOt MP MOMIMM HO Bt MMMO SAUB MK*A PAUMA PMMjMt KSa/VDT NO 10S MRUS OAKUM VANCOWOt KATTU STOM m Tu iii !m ai i"
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      2002 33 OOCL (8) PTE LTD JAROINE SHIPPINQ AGENCIEB JAROINE SHIPPING AGENCIEB SON. BHD. 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 CFS: 03-*****42 CR NUMBER: **********0 C PENANG TEL: *****4 FAX: *****1 I fit DOCUMENTATION TEL: *****55 |INWARD>/*****90 (OUTWARD) IPOH TEL: *****3/4 FAX: *****6 1
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      1760 33 ■HEHasanaa EUROPE/C.1.5./SC AN DIN AVI A 3 TIMES A WEEK REGINA MAERSK V.9410 ETA SIN BTH SEPT 94 PROVIDENCE BAY V.5797 ETA SIN 10TH SEPT 94 PARIS MAERSK V.9410 ETA SIN 12TH SEPT 94 voy ETA ETD Faadarad by r':r destinations Mm! «Mk marches MAERSK V 9408 jj-11-IHII J.'l.H—.lllll JIWMW
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      1542 34 AQABA R OAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) S TOW H BURG A WERP HAVRE MALAYSIA KAGA 37/135 8/9 24/9 27/9 25/9 Port Kelang, Penang STUTTGART EXPRESS 05/335 10/9 19/9 26/9 28/9 1/10 3/10 5/10 Paslr Gudang KIRISHIMA 06/136 14/9 01/10 04/10 02/10 EAST
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      573 34 AFGHANISTAN MAM Afghanistan Ltd.. Hairatan. Torghundl. Islamqala (Doqharun) C.1.5./RUSSIA: Voolochny, Vladivooloß. Moscow, Baku, Taohkonl, Irkutsk. Alma Ala, Aohgabad, Dushanbe. Kim N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEBT AFRICA VESSEL SIN DKR Ned Africa V.2314 13/9 13/10 Bunga Pelangl V.2324 20/9
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      1255 34 NOR ASIA WEEKLY SERVICE WITH FIXED DAY SAILING IQ I LA SPEZIA r FFOrS r BARCELONA VALENCIA FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH Z t-PMC fiENERAL AGENT NORASIA A6ENCIES (S) PTE LTD [ALSO ACCEPTM LCL TO: TEL: *****03 FAX: *****90 CR NO. **********0 D VENICE/TIHSTE/
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      1764 35 STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppd Towers Singapore 0208 Tol: *****80 Fax: *****17 CAN GO OIK SAILS QMPr STRMTS VENNM V24C Mnara. Lab EWA 07 S*p rn comt amcm ANO mm akmak MRVtCI TO PAPUA MW OWNBA low VIII KK. Skin. In 06-07 Sap 07 Sap
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      Page 35 Advertisements Column 2
      2835 35 P&O Containers P&o a c^nutn e e (Sing»pore Agencies) Pte Ltd ■nVvlk i-r 10 Hoe Keppel Towers, Singapore 0008 First Class Connections WORLDWIDE crnSS x io!^ 3 M^*XSP 'F" 225 5327/222 7517 EXPORT IMPORT r;- rt |||lK PROVIOENCE BAY ToStt7 n?J2 £52 too AWT WOT HAM OOT WW L£H VESSEL
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      656 36 i|K EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE |~iw CHUMNM CITY PAPER I HANDPHONE MM CT I ntwRT m?e >iww muMfflHim KELVIN CHAN lIWIW fflfl-™*'"—« _MM£N lIWBIt |HH7H > TO VIETNAM/HCMC H mmmmmmmmmMmmmmmmmmr SERVICE CENTER-POINT N w LWK LINES «gq 1 w 1 ni
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      Page 36 Advertisements Column 2
      1274 36 OHANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FDR Wl SM lite HAUL St A TV* POI FOB Wl SM lUK HAUL $AV Ul NTC HAMJW ELIZABETH 013E 9/9 DSIECT 29/9 1/10 2/10 HAMJM ELIZABETH 0131 9/9 H SAVANNAH 04SE 13/10 14/10 IS/lt HANJM
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      Page 36 Advertisements Column 3
      1187 36 mm \u L B ft ft B I "4 "1 I I B** «tHm7i Im M IK Uf M «I OS* IKY Mi ITO LAI CMS lAL RYC LM MM m n# MPBCMKI S® BJ %£2£t 4 VJ ii/J 14/1 »/j la/s i^, 1 iM! 2'i! 21/1 ,1/w 1/11 J
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      1934 37 I W M PLEASE CALL II II II NEPTUNELINK (1800 *****00 TOLL-FREE) ■I H FOR THE FOLLOWING INFORMATION: n U VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ ■I U or H FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ B jr AVAILABILITY OF DOCUMENTS FOR COLLECTION *VOY ICT"T~I5» QAW Vim MT ATL CCG CLE CLB DAL
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      Page 37 Advertisements Column 2
      892 37 a MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 X BOOKINGS: *****64, *****51, *****31, *****13 < > BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 Jfrv /A BIASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY:
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      1527 38 44 AS AGENTS INK (SM6APQK) PTC LTO (CK NO: **********QM/GST REG NO: M2-*****M-C) KW TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W V lkT MALAYSIA: T* INK MARITIME (MALAYSIA) SON BHO M Wi M TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 I INDONESIA: P.T. SARANA LAIITIMTUUIUSA,
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      Page 38 Advertisements Column 2
      688 38 ©APPENSHIP (Q\ t HAMBURG U V CONVENTIONAL ft INDEPENDENT LINER SERVICE I EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOAONG PORTS OBCHMGE/LOMM F« •UMMAM I AHTW 03/1 M port CAW—HI PMMCCM 2£*T*S2 'JAW P. QOOAMG ISAM SPORE It/Ot > oosmc moa le/oe Klaipeda 24/ m ham »/oe spore
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      538 38 GOLDEN LINE A LftJV GUAM GUAN SHPPMG I?C<\ (PTE) LTD 1 n. w amt im antral rim m S3UM (U IKS) Fk MUM* (O Rt. IRI2KMRRRRO niB—IB S port P KHang PMbng COUCH sua Karachi Dubai' Kuwait khH -J COUCH SIM Karachi Dubai/Kuwait IR/ll Sapt flßyna m CHMK Famdienc l/lfap
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      1026 39 *****1 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CR NO: **********06 k 1 a I;l J4l< H ItCTWHT— VESSEL VOY SM BKK SIN 3 JKT SIN EQUATOR CRYSTAL 20N 10/9 13/9 17/9 KOTA INOAH IDHO2I 11/9 14/9 19/9 KOTA SABAS *****9 11/9 14/9
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      Page 39 Advertisements Column 2
      929 39 KtSStIS VOY ST"" U HHH HMWW THA—S *OTH«)AM AW WW MUI Ot TUCMM UMW M M 30/09 »?/>" *3/18 04/10 Qt/iQ WUI X L»A 10MI 13/08 05/10 07/10 0»/10 00/10 11/10 HU H CAMM MM 20/00 12/10 13/10 15/10 10/10 U/10 WU.I K SACIIIA SOSW 10/10 iO/10 22/10 23/10 25/1Q
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      Page 39 Advertisements Column 3
      785 39 I BSA nT wgt MYANMA «BBk five star line W (Myanmar National Line) Loadkif for Yanjon (Rangoon) Spore P.KIf Pen P.Gdf SAGAJNG V36W M POUT ►PAAN V2O4W M PORT 07/Ot S«p MYOMA TWA VIS3W 07/09 Sep 11/13 Sap PAGAN V2I3W 15/17 S«p MAlHrsa AGENTS 90USTEA0 SMPPMG AGENCCS All TEL 03-*****00
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      2084 42 """8m FORTNIOKaY 9 Singapore's General Agents: COS TAR SHIPPING PTE LTD M (Gooor«0: *****00 Sales 800 king Agency Dept: oT f«<<*£" J Contaiwr 4205MJJM CmMmt Src-*L 42gW2 <*ratM. DBS BMc Towvr 2 M CtmmMmuk *****50 0/0:*****85 CtrnmrnM. 4/vs/4b SMCawn 0106 F« 2«2M» BntUtlk Src Oocc 42CS7SQ f««»j«t «057J0 off lift
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      Page 42 Advertisements Column 2
      1379 42 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBQUNO PEL UN IOH SM HKG MO TM KEE YOK TKY NAG 1101 WAN HAI 202/NO7I 02/09 03/09 OVO9 0101/09 11/09 12/09 14 09 lb/09 20/09 21/09 22/09 ?l/W MCQSIA/NO3O OS/09 0/ 09 09/09 11 17/09 16/09 18/09 20 09 2?/09 HAI 7IS NOO/ 10/09 11/09
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      672 43 (i£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GROUPAGE SERVICE TO SOUTH AFRICA WEEKLY CALLING:DURBAN, JOHANNESBURG, CAPE TOWN PORT ELIZABERTH, EAST LONDON OTHER AFRICAN DESTINATIONS CONTACT: RITA OR KEN SIM HOT LINE: *****33 (24 LINES) PORT KLANG PH: 03/*****02 (10
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      Page 43 Advertisements Column 2
      924 43 Hi km 1 L VOV MT vItML VOY B red i| HM BHUM tr* FH •/< MOW I»/» 9 D€JA —M I a* I 91 ll VESSEL 1 VOY 1 —CX I 1 BHATRA BHUM «B jg!_ _Wj_ Two IVS 9». JERATAI TEMBI "ST "ii/T "tS~ "wT H HATHA BHUM
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      202 43 ftti MM* te: BAHGXOK/LAEM CHWNC/LAOS 10/9 (S*T). 13/9 (TOE) POBT ICELAWG/rtWOWG 15/9 (THU), 9/9 (fid) HOWS mm 9/9 (FN), 13/9 (TIE) MWTA H/9 (SAT) MAfOU CEBU SUBtC BAT 13/9 (THE) HO CH WW 9/9 (FW) smmn n/9 tap BUS AN 11/9 (SJW) nm. <nh> scr n am na mc mm
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      540 43 i^^iSnS^stsnswcitnsTpTnT^ IH TEL: *****33 (12 Linos) IN FAX: *****15/*****03 IHO TELEX: R8 ***** RIBHIP (3 Linos) CR NO.: **********0E I Vaaaal y»T m«»| Par I Abbay Worn 41WB 07/11 1 Abto«y Worg" 42W8 15/12 MomtoMQ. Optooua A—to. Mm— TOLLY COWTAPfiaUBKD MOMjUI l«nWWa| ACCKPTPIG MW WCL/VCL AIM mO/WOC 1 Ktwl Hf
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      1504 44 pmm, MAMLA m PEN PKL SIN 5 S/ULW6S/WEEK PEN PK SIN 7/9 8/9 9/9 HKG/BXK/KEE/KHH Genoa/Bafcetona/Marseies 12/9 13/9 14/9 9/9 10/9 11/9 HK6/BKK/KEE/KHH G'burf/Chaien/S'holm/thlo 6/9 7/9 8/9 t 11/9 n Z> io B^ 9 ,?ii !5/i sSSiSj/pusv. JPN/KOWEA/MANILA I PORT KELANQ/PENANQ/P. GUDANG Mania/Cebu 7/9 8/9 9/9 KEELUWQ/KAOHSIUWO Tokyo/Kob«/(ha/Yoko 10/9 11/9
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      Page 44 Advertisements Column 2
      182 44 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD iu m vm ran Rome kms lUE MIX 21/9 lojdnt lor Mate ■NAM HUDHU IS/1 Loading lor Dub# ootnw is/9 Loadm) for Milt rrnu arac 24/9 loadMi for Mate UMEHM 14/9 LoaAog ft* Matt PtOCKSS inn S*UD S«UD loadrng tot Male
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      903 44 f JBL THONG SOON LINES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I V/ \y TR: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK SING TCTTHA?LAND ?®L_ S PORE DEST VESSEL WT STOtE lAWCMI EQUATOR ROYAL
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      623 45 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCtPTWG MfMBULX/SOC CARGOES TO/FROM KOBE TOHOHMU. NAGOY* MO I, TOKYO*. MMU*. o***o* Penanj* P. Kelant Singapore E'Msia* KAMALEVERETT V22E 10/11 S«pt 12/13 Sept NYEVERETT VISE 25/26 Sept 27/21 Sept SHAPLAEVERETT V22E 2S/29 Sept ACCEPHM6 BREAMBULK/FCI/SOC CARGOES TO/FROM CMTI*6ONG. CALCUTTA *1® MONGM*. Singapore P.
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      235 45 Pi GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VIII 23/9 24/9 GLORY SELATAN XI 6/9 8/9 14/9 SP KOMPONG SOM GLORY SELATAN V 13/9 16/9 LINER SERVICE USA, VANCOUVER, VERACRUZ TO
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      540 45 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VESSEL WW SW KW*CHI"~' BOLAH 13S-HR 11/9 21/ i HTOERABAO 133-HR 22/9 2/10 SARGOOHA 147-HR 12/10 22/10 MAKRAR 151-HR 19/10 «/10 FAR EAST CONTAINER SERVICE ONLY kssel vot jsw Iks Ibsr Ipsa |nag Iron 80EAW 140-QW 13/10 17/10 U/10 21/1Q
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      Page 45 Advertisements Column 4
      662 45 llUHSlllilllliiM FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO SOUTH AFRICA VESSEL/ VOYAGE Sm DOR MB' MRf PU CRT* BEW MPM* TAME/19 11/09 24/0* 2S/09 06/10 2S/09 26/ OS 08/10 07/10 AANHE/S6 25/09 08/10 11/10 20/10 09/10 12/10 10/10 21/10 HUt HE/ 106 09/10 22/10 27/10 OS/ll 23/10 26/10 04/11 06/11 VI
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      287 45 S|N FAR EAST 13/09 KEELUNG/KAOHSIUNG 11/09 BANGKOK 11/09 MANILA/CEBU 11/09 JAKARTA/BELAWAN/SURABAYA 11/09 PORT KELANG/PENANG/E. MALAYSIA 11/09 BUSAN 11/09 TOKYO/YOKO/KOBE/NGO/OSA 11/09 HONG KONG SjN CHINA 11/09 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Z SjN EUROPE/UK 12/09 LDN/FLX/LVP/SOU 2 12/09 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 11/09
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      824 46 PHiuomtNT urns pu ltd 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Keiang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0H)^ A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION 10 SEP SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 12 SEP AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER.
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      Page 46 Advertisements Column 2
      286 46 Conferm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 13 SEPT (Accepting to aM N*w Zaaland porta) PENANS 09 SEPT JAKARTA 11 SEPT PORT KLANG 0 SEPT BANGKOK 11 SEPT HONG KONG 09 SEPT MELBOURNE 13 SEPT STDNEY 13 SEPT BRISBANE 23 SEPT FREMANTLE 12 SEPT ADELAIDE 09 SEPT I 'ACCEPTING TO
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      401 46 CONSOLIDATION TO BUSAN Singaporel FIRST FORWARDER IN OFFERING TWICE WEEKLY LCL SERVICE TO BUSAN Call SANISA at DID: 770 5014 for bookings NOW!!! Singapore 778 6522 *****38/*****36 af ll Also has offices in:- logbtics s»vicfs MALAYSIA THAILAND PHILIPPINES £32) jMfiT HONG KONG VIETNAM INDIA TAIWAN BRUNEI CHINA 7&4A/E~Z/A//C ———■———■—BMgk S
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      1348 47 HEAMA!U!rgent!N/UJN^£&^ CONTAINERISED "HUB" SERVICE f I DIRECT TO ARGENTINA/BRAZIL URUGUAY 1 I —I I lr, I I ALEXANDER SCHULTt 003E 08/09 14/10 15/10 20/10 I 22/10 I 26/10 I 21/11 CANOPUS 003E 04/10 09/11 10/11 15/11 I 17/11 I 21/11 I 15/12 HtANCtSCA SCHULTE 005E 27/10 02/12 03/12 08/12 I
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      Page 47 Advertisements Column 2
      423 47 CEYLON SHIPPING CORPN (S|S) National line of Sri Lonka CONTAIN fcRISED SERVICE TO UK AND NORTH CONTINENTAL PORTS w I 3F*l «tu k mcww mm m/m urn »/w «/i» m/i« m/h *t/i* MUM lIITT MH W/W 14/W M/H W/H <7/11 mum MMBOOm mn u/w 11/w ii/ii n/» tz/u a mat
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      Page 47 Advertisements Column 3
      525 47 irCONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.51 I VESSEL N. KRUPSKAYA MMOMK PAVLOORAD PETROOVORETS DEKASRIST PRIOZERSK PORTS ESI4 EQIB EQI6 ESI7 ESIS ESI9 BUENOS AIRES' SMN SHIN SMN 11 13/09 3Q/OS-14/09 MONTEVIDEO Ballad &a>la<l SMN Sailed 14-18/ OS RK> ORAN DO SU ZZ »—d SHIN IS 17/09 DURBAN Sailed 21/OSS
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      Page 48 Advertisements Column 1
      442 48 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N i i STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANG/SINGAPORE VESSEL VOY I SW PKL VESSEL VOY SIN PEW XOUR JAYA *****H 06/9/94 (TUE) OS/9/94 (THU) MCC CONVEYOR 9441 07/9/94 (WED) 09/9/94 (FM) MCC COWVEYOR 9441 07/9/94 (WED) 09/9/94 (FM)
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  • Page 48 Miscellaneous
    • Miscellaneous
      Page 48 Miscellaneous Column 1
      424 48 TODAY'S TIDES (hejflt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 ISOO 1700 ISOO 1900 2000 2100 2200 2300 32 2.9 2.4 1.7 1.0 0.6 0.4 0.4 0.6 11 20 2.7 2.1 2.7 2.4 1.1 1.1 0.7 0.4 0.4
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      917 49 I ▲HYUNDAI I MERCHANT MARIN^jO^TD. WESTBOUND TO EUROPE BKG: *****61 fritt* Yhp pgd- kssqs voy sw I rim I mt* I leh* I ham eat fel I 07/09 09/09 10/09 H. COMMAfOO) 311W 12/09 30/09 02/10 03/10 02/10 02/10 04/10 14/09 16/09 17/09 MAMO 312* 19/09 07/10 09/10 10/10 09/10
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      Page 49 Advertisements Column 2
      457 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL VOT SP PK KUC IK MM «T OUNCE MOON 55 10/9 11/9 (KIN) H/» ««> CM NT UU 2 12/9 14/9 EPOCH ACE 3 SID *PI SEKI ARQSH 17 14/9 U/9 OUTBOUND VESSELS SP Pft/BELAWAN SLD MV. EPOCH
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      Page 49 Advertisements Column 3
      878 49 JEDDAH/UK/CONTNENT STORE ED S'TOM MUM ADAM LEX Ah* Cvm fm SEEmMJV** i/U5 1,/ 1/11 VH 5/ie SaMuaplw MMM MtiMn. MM mt DM* KRSHMA Ji IM 14/9 l/l# 4/10 |/lf tottardan :|§A y— 0* mm OSESOEN EIPSES 19/339 17/9 2C/9 5/19 A/19 "'IT IT IT 'm1i.n,,),, Zri oST FRMMFIMT EXPRESS 75/137
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      Page 50 Advertisements Column 1
      143 50 I wmm Tomorrow in Business Times REEFER CARGO SHIPMENT TO SOUTH THAILAND VIA SINGAPORE If you have reefer shipment from overseas to South Thailand tranship at Singapore, please consider our service. We are providing inland reefer trucking from Penang Port in transit direct to all parts of South Thailand. All
      143 words
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      Page 50 Advertisements Column 2
      7 50 PWRBH Tomorrow in Business Times I i
      7 words