The Business Times, 13 September 1994

Microfilm: NL19580
Total Pages: 50
1 50 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    13 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 010/12/93 Tuesday September 13 1994 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow down 6.39 points
      62 1 Reuter NEW YORK Inflation worries ahead of the release of the August consumer price index sent Wall Street stocks lower yesterday. At Ipm EDT, in the broader market, declines led advancing issues by 12 to seven on NYSE volume of 130 million shares. At 2pm EDT,
      Reuter  -  62 words
    • Article
      Lock icon Who will buy Meridien?
      39 1 Bloomberg Business News PARIS French newspapers yesterday said Air France was expected to favour Forte pic when it announces tomorrow who had won the airline's 57.3 per cent stake in the Meridien hotel chain. Bloomberg
      Bloomberg Business News  -  39 words
  • Article
    MARKET SUMMARY
    162 1 Stock market indices Monday Change STII 2,280.39 -19.57 KLSE Comp 1,169.05 -12.61 Nikkei 19,917.28 +19.40 Hang Seng 9,890.37 -254.65 SET Index 1,490.41 -18.44 Jakarta Comp 521.24 -11.12 CLSA China B ...1,243.48 +8.51 Aust All Ord 2,032.9 -37.7 FTSE 100 3,128.8 -10.5 Monday Previous 2pm close Dow Jones 3,868.42
    162 words
  • Article
    Singapore stock exchange to energise trading of bonds
    498 1  -  By Ven Sreenivasan SINGAPORE The Stock Exchange of Singapore (SES) is planning to introduce a series of measures to activate the sluggish bond market here. Also in the pipeline is a new equities index to track the performance of local and foreign
    498 words
  • Article
    Three Asean nations set up equities fund
    420 1  -  From Loh Hui Yin in BANGKOK THREE Asean members Singapore, Malaysia and Thailand are setting up a fund to invest in Asean equities, the first such cross-bor-der investment at government level among Asean members, Thai officials said yesterday. Although the fund, called Asean
    420 words
  • Article
    Fears of a sixth US rate rise unnerve regional markets
    303 1 SINGAPORE The regional stockmarkets fell yesterday on fears that the US Federal Reserve will raise interest rates for the sixth time this year to fight inflation. The Hongkong stock market was worst hit because its currency is pegged to the
    303 words
  • Article
    S'pore $ hits record high
    134 1 S'pore hits record high SINGAPORE The local dollar jumped more than half a cent to an all-time high of S$ 1.4910 against the US dollar yesterday. Dealers said there was strong demand for the Singapore dollar from the start of Asian trading. "Commercial dealers were in, and so were speculators,
    134 words
  • Article
    Lock icon Plane crashes on White House lawn
    316 1 AFP Reuter WASHINGTON A small plane penetrated the White House defences and crashed on the lawn early yesterday, killing the pilot but posing no danger to President Bill Clinton and his family, officials said. Transportation Secretary Federico Pena said investigators were trying to establish
    AFP; Reuter  -  316 words
  • Article, Illustration
    YHS 'vision' raises doubt on future role of Alan Yeo
    581 1  -  By Genevieve Cua SINGAPORE The chairman of Yco Hiap Seng's executive committee. Wong Yip Yan, yesterday spelled out his "personal vision" for the food and beverage group at a news conference, appearing to suggest that control may be slipping from
    581 words
  • Article
    Japan to study S'pore's financial success
    215 1  -  From Anthony Rowley in TOKYO THE Japanese Ministry of Finance is studying the financial markets of Singapore and Hongkong to find out why they have been so successful in attracting and developing offshore financing activities compared to Tokyo. This is part of a wide-rang-ing
    215 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      154 1 J&m FRESH EXTRA strong REFRESHING Sola Agent: Shriro (Singapore) Pte. Ltd. News Oowi|MMii®s Spore News 2 Sporelfsa .19.20.21 Regional News 14.5 Financial 23.24 World News 6,8 Features 1/ Ctoto/KLSt. StS 2*30 Edtorul 16 ***>«* 26 Sports 13 World 27 TV/Utestyle 15 Currenaes 2* f 11.12 Siiw/Cammo 24.25 5*11.1 M iaofr/4!w5//
      154 words
    • Advertisement
      Page 1 Advertisements Column 2
      21 1 Property: Pg u Building up the Srivikorn stake V V PM Goh to call for a S'poreAustralia business council, Pg 18
      21 words
    • Advertisement
      Page 1 Advertisements Column 3
      43 1 w Hock Lock Siew: Pg 19 |s_! MBf Capital's new image Hu urges regional firms to list in S'pore, Pg 2 KL bourse aims to rank with the best, Pg 20 The unnerving uncertainty about interest rates, Pg 16 Regional markets, Pg 26-30
      43 words
    • Advertisement
      Page 1 Advertisements Column 4
      15 1 L'r Bottom Line: Pg is R(to's arduous task See Eye on the Economy, Pg 2
      15 words
    • Advertisement
      Page 1 Advertisements Column 5
      101 1 CHLOROPHYLL PEARLS F^Fm 1 you'll never miss chewing ,um! aZL Sols Agent: Shriro (Singapore) Ptt. Ltd. Japan: The hollowing of a financial kind, Pg 17 Rents for non-landed properties expected to stay flat, Pg 2 ililllilliM fossa dxU* 5 HSY j>_ p| N W| pjg jip S sp\ ftpp pi
      101 words
Page thumbnail Page 2
  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon S$ heads north — without brakes
        321 2  - S$ heads north without brakes By Paul Leo THE Singapore dollar appears to be rising without any brakes, and is expected to continue to head north. Yesterday's rise in the currency took it to an all-time high of 551.4910 against the US dollar, for a rise of 12 cents or
        Source: Bloomberg  -  321 words
    • Article, Illustration
      Upmarket condos find favour but rents stay flat overall
      447 2  -  By A J Leow RENTS for non-landed properties are expected to remqin flat, though upmarket apartments will continue to see buoyant demand for the rest of the year. Property agents say topend condominium units are the most sought after by top
      447 words
    • Article
      India's Tamilnadu pitches for investment at forum
      203 2 INVESTMENT opportunities in a part of the Indian state of Tamilnadu, with which many Tamil Singaporeans have close links, will be the focus of a seminar at the Pan Pacific Hotel today. Organised by Mani Shankar Aiyar, Congress party MP for the Mayiladuthurai
      203 words
    • Article
      Hu urges regional firms to seek listing on S'pore exchange
      481 2  -  By Ven Sreenivasan THE Singapore stock market is an ideal medium through which regional companies can raise funds. Finance Minister Richard Hu said yesterday. In his keynote address at the 16th Asian Securities Analysts Council conference, Dr Hu said that
      481 words
    • Article
      S'pore 1st city outside Japan to offer Kyodo news service
      258 2 KYODO News Service has picked Singapore to be the first city outside Japan to introduce an on-line version of its service for the public. Kyodo News is a leading Japanese news agency which covers both domestic and international news. The
      258 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      349 2 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times m i ENEX-ASIA '94 Make All The Right Connections At Asia's Premier Electrical Power Exhibition ENEX-ASIA'94# mwmmm yfii y UM mmSSSSm 21 24 SEPTEMBER 1994 WORLD TRADE CENTRE HALL 4,5,6, SINGAPORE 10.30 am 6.30pm Daily (Except 24 Sept: 10.30 am 4pm) If
      349 words
    • Advertisement
      Page 2 Advertisements Column 2
      179 2 TIME MANAGEMENT Has Reached FIRST THINGS FIRST TIME MANAGEMENT PROGRAM Based on Dr Stephen R. Covey's Bestseller "First Things First" Rather than offering you another clock, First Things First Time Management provides you with a compass because where you are headed is more important than how fast you are going
      179 words
Page thumbnail Page 3
  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Indonesia wants Asean to mediate in islands dispute
      379 3 Reuter Bernama JAKARTA Foreign Minister Ali Alatas said yesterday Indonesia preferred that its dispute with Malaysia over the ownership of two islands be resolved by Asean. "If we use the mechanism of the Asean High Council, we might arrive at an objective
      Reuter; Bernama  -  379 words
    • Article
      Apec meets to flesh out free trade plan
      475 3  -  Meeting also aims to address other uncertainties arising from committee report From Leslie Lopez in JOGJAKARTA SENIOR officials of the AsiaPacific Economic Cooperation (Apec) forum began talks yesterday to hammer out details of a bold plan to turn the region into a
      475 words
    • Article
      Lock icon Indonesia seeks to allay US concern over worker unrest
      300 3 Reuter JAKARTA Indonesia yesterday sought to allay US fears over growing worker unrest in the archipelago in the hope that Washington would not scrap a trade privilege. Manpower Minister Abdul Latief said many of the workers' protests were over issues such
      Reuter  -  300 words
    • Article
      Lock icon Klang Valley to have more than 14,000 hotel rooms
      204 3 NST KUALA LUMPUR More than 14,000 hotel rooms are expected to come on-stream in the KJang Valley hospitality industry in the next two to five years. Altogether, 24 hotels are due for completion by 1997 and 19 more have been planned
      NST  -  204 words
    • NOTE BOOK
      • Article
        Lock icon Telekom M'sia urged to venture abroad
        75 3 Bernama KOTA KINABALU Prime Minister Mahathir Mohamad yesterday advised Telekom Malaysia to venture abroad onto the information super highway to help upgrade national development. Quick and accurate flow of information would help in the more efficient and effective management of government business and administration,
        Bernama  -  75 words
      • Article, Illustration
        Lock icon Sign of change
        48 3 Reuter KUALA LUMPUR A Malaysian policeman removing an Al-Arqam signboard from a street junction leading to the sect's main commune yesterday. The banned Islamic sect Al-Arqam, facing a police blockade at their main commune, is expecting another raid by the police and religious officials. Reuter
        Reuter  -  48 words
      • Article
        Lock icon Indon per capita income to top US$1,000
        68 3 Reuter JAKARTA Indonesia's per capita income is likely to exceed US$l,OOO in the next four years if the country's fast-growing economy continues on an uninterrupted course. Soegito, head of the government's statistic bureau, yesterday said per capital income was US$763 last year in
        Reuter  -  68 words
      • Article
        Lock icon Jakarta to curb unskilled labour outflow
        68 3 Reuter JAKARTA Indonesia, a major source of workers for neighbouring Malaysia, yesterday said it planned to curb the outflow of unskilled labour. Manpower Minister Abdul Latief said: "In the short term we are not going to send unskilled people to work abroad. After 1995,
        Reuter  -  68 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      163 3 Business Expansion J YOUR VISION RESOURCES International factors leasing To successfully expand a business overseas, a company needs more than vision. There has to be full resources to supply the needs of growth. International Factors Leasing Pte Ltd can supply these resources and together with companies of vision, expand successfully
      163 words
    • Advertisement
      Page 3 Advertisements Column 2
      261 3 I ■■ni M BH HHp li If I BI a i 9 I 1■ is j| I HI f' r 'S===| I is m B|; ?;h:|»== -gfc: ill Ml^ ill rnMli 11 Give Yourself A Little Eitra lime Between Appointments I Because when you stay at Amara Bui that* txx
      261 words
Page thumbnail Page 4
  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China sees soft landing but economists expect another rate increase
      399 4 Reuter BEIJING China boasted yesterday that its overheated economy was heading for a soft landing, but many economists said the central bank would have to raise interest rates again to achieve this goal. The Xinhua news agency quoted Qiu Xiaohua.
      Reuter  -  399 words
    • Article
      Lock icon New residents in Beijing to be charged high fees
      229 4 AP BEIJING The city's government has decided to charge new residents as much as US$ll,6OO (S$ 17,400) to move into the capital. The official Xinhua news agency yesterday said the new regulation, which is to go into effect on Nov 1,
      AP  -  229 words
    • CHINA WATCH
      • Article
        Lock icon Lee Teng Hui to go ahead with visit
        102 4 AFP TAIPEI President Lee Teng Hui will go ahead with a controversial visit to the Asian Games next month despite a decision by the Olympic Council of Asia not to invite politicians. Taiwan's National Olympic Committee chairman Chang Feng Shu yesterday said
        AFP  -  102 words
      • Article
        Lock icon China to ban excessive profits
        83 4 Reuter BEIJING China, fighting fierce inflation, will soon ban excessive profits. The Xinhua news agency yesterday said regulations had been drawn up by the State Planning Commission and submitted to the State Council for approval. They will go into effect within the year. Under the
        Reuter  -  83 words
      • Article
        Lock icon HK govt gets favourable rating
        74 4 Knight-Ridder HONGKONG A survey of people in Hongkong shows that just over half feel the government has done a good job of running the colony. The South China Morning Post yesterday reported that of 600 people contacted by Asian Commercial Research, 55.5 per cent said
        Knight-Ridder  -  74 words
      • Article
        Lock icon Buildings for overseas Chinese
        63 4 Reuter HONGKONG Construction is underway in the southern Chinese city of Canton to build the country's largest housing development targeted at overseas Chinese who return to live or work. The official Business Weekly yesterday reported that the 27-hectare Pearl River Overseas Chinese Village will be located
        Reuter  -  63 words
    • Article
      Lock icon Chinese banks making more loans despite tight controls
      287 4 Bloomberg Business News BEIJING Despite controls imposed more than u year ago. China's banks made 45 per cent more loans in the first eight months of the year. The China Securities newspaper yesterday quoted the deputy governor of China's central bank, the
      Bloomberg Business News  -  287 words
    • Article, Illustration
      Lock icon Jiang tours French nuclear plant
      45 4 AFP BRAUD ET SAINT LOUIS, France Martine Griffon Foucon (second from left), manager of the nuclear power station of Blaye, explaining to Chinese President Jiang Zemin (seated right) the station's security standards on Sunday in this south-western French town. AFP
      AFP  -  45 words
    • Article
      China's stock markets power growth of tertiary industries
      389 4  -  By Schutz Lee SINGAPORE The development of stock markets in China is propelling the growth of tertiary industries and. as a result, the economy as a whole. Wu Yalun, executive vicepresident of Shanghai Securities Exchange, has told Business Times the key services
      389 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      115 4 A STRONG BOND THAT LASTS... K^OTTsyTx^SsWßli^P^ CARAN J ACHE GENEVE Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness brings genuine enjoyment a gift the receiver will appreciate. Discreetly enhanced with your company name or logo, engraved or with a medallion,
      115 words
    • Advertisement
      Page 4 Advertisements Column 2
      220 4 MASTKK OF AE>T<§> Marketing Management Macquaire University Graduate School Those with polytechnic qualifications of Management to offer also be considered, a Master of Arts ir. Marketing Management An information evening will be conducted for the first time in Singapore. b y Macquarie academics on Wednesday, Built on the success of
      220 words
Page thumbnail Page 5
  • REST OF ASIA
    • Article
      Lock icon Economists say Japan's GDP shrank in April-June quarter
      377 5 Reuter TOKYO Japan's economy is likely to have shrunk in the April-June quarter from the previous quarter, but it is expected to start a modest recovery, economists said yesterday. "Consumer spending drew back in April-June after picking up considerably in the previous
      Reuter  -  377 words
    • Article
      Lock icon Indian press unions oppose opening media to foreign firms
      265 5 Reuter NEW DELHI Indian journalist unions have opposed Prime Minister P V Narasimha Rao's latest economic liberalisation effort opening up of the country's media to foreign firms which have been shut out for four decades. "The present liberalisation policy is again
      Reuter  -  265 words
    • Article
      Lock icon Telstra posts A$1.7b profit, biggest in Aussie history
      236 5 Reuter SYDNLY Telecommunications firm Telstra Corp announced the largest corporate profit in Australian history yesterday and served notice that it planned to use its financial muscle to become a major player in the expanding AsiaPacific market. Telstra, wholly owned by the Australian
      Reuter  -  236 words
    • Article, Illustration
      Lock icon Not for hire
      59 5 AFP DHAKA Pedicab drivers taking a break on Sunday during a post-strike rally to listen to Bangladesh opposition leader Sheikh Hasina. The eight-hour strike paralysed Dhaka, and Sheikh Hasina announced she was ready to call off stoppages for the next two days if the government agreed to
      AFP  -  59 words
    • Article
      Lock icon Australia likely to meet investment forecast
      259 5 Reuter SYDNEY Australian Treasury Secretary Ted Evans said the government's 1994/95 business investment forecast probably will be met and may even be surpassed. Evans also said that there would be no major impact on inflation from Australia's severe drought and that the rise in
      Reuter  -  259 words
    • ASIA NOTES
      • Article
        Lock icon Japan in bid for Security Council seat
        79 5 AFP TOKYO Japan's governing coalition on Sunday decided to make a bid for a permanent seat on the UN Security Council, but analysts caution that the debate sparked by the drive for top international status has not been quenched. Prime Minister Tomiichi Murayama
        AFP  -  79 words
      • Article
        Lock icon Accord to end maritime strike
        93 5 Reuter CANBERRA The Maritime Union of Australia agreed with the government yesterday to recommend an end to the strike that has brought the country's ports to a virtual standstill and held up 300 ships. In return, Prime Minister Paul Keating's government offered an unspecified deal
        Reuter  -  93 words
      • Article
        Lock icon Tokyo delays US plane deal
        72 5 Reuter TOKYO Japan said yesterday it had postponed a decision on a USS3O million (SS4S million) deal for two US military support aircraft after France sought the contract for itself. Chief Cabinet secretary Kozo Igarashi said the government would make a final decision "objectively and
        Reuter  -  72 words
      • Article
        Lock icon More deals with Japan trading houses
        49 5 AFP TOKYO The number of Asian joint ventures affiliated with six major Japanese trading houses is rapidly increasing, notably in China, where the figure is expected to surge 79 per cent in the year to next March, according to Sihon Keizai Shimbun. AFP
        AFP  -  49 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      288 5 Long recognised as tke exclusive offers unequalled advantages. It may COlTie aS S SUrpnSC, W a symbol of tke privileged elite, Tlie ultimate in first class travel, Rolls-RoVCe isil't for tllOSe With mOneV. RoMa-Roycc Motor Cart Limited Citwe (Cheshire 1 11 1 a Rolls-Royce is unquestionably tke a Rolls-Royce projects
      288 words
Page thumbnail Page 6
  • THE WORLD
    • Article
      Lock icon Fall recovery in US lags for first time in three years
      465 6 NYT NEW YORK For the first time in three years, fall is not bringing a powerful burst of growth for the American economy. It is a decisive sign, many economists, government officials and business executives say, that the strongest
      NYT  -  465 words
    • Article, Illustration
      Lock icon A settler's prayer
      76 6 AFP GAMLA, Golan Heights Israeli settlers holding morning prayer at Gamla on the Golan Heights on Sunday. The Golan settlers are holding a hunger strike in protest against a possible Israeli withdrawal from the heights, in this ancient Jewish city that was destroyed by the Romans in
      AFP  -  76 words
    • Article
      Lock icon Israel readies plan to fight inflation
      130 6 Bloomberg Business News JERUSALEM The Israeli Cabinet has approved a plan proposed by the finance ministry and the Bank of Israel aimed at bringing next year's rate of inflation down to between 8 and 11 per cent. This year's projected 14.4 per cent inflation
      Bloomberg Business News  -  130 words
    • Article
      Lock icon IMF considers plan to pump billions into world economy
      351 6 Reuter WASHINGTON The International Monetary Fund was slated to consider yesterday an ambitious plan to pump tens of billions of dollars into the world economy and greatly expand its lending to developing countries and the former Communist Bloc, monetary sources said.
      Reuter  -  351 words
    • Article
      Lock icon White House hints of compromise on global trade pact
      307 6 Los Angeles Times LOS ANGELES Pressing to win approval of a global trade pact and to avoid a damaging showdown with Congress, the Clinton administration signalled on Sunday that it is willing to hold back a legislative provision it had sought
      Los Angeles Times  -  307 words
    • Article
      Lock icon Balladur launches plan to create new jobs in France
      222 6 Bloomberg Business News PARIS French Prime Minister Edouard Balladur has proposed fresh measures to stimulate job growth in France and said the country- should aim to cut total unemployment by more than one-third to two million in the next few years.
      Bloomberg Business News  -  222 words
    • WORLDWATCH
      • Article
        Lock icon Quebeckers go to polls
        102 8 AFP MONTREAL Citizens of Quebec were set to vote tor a provincial parliament yesterday as polls forecast a victory for separatist politicians but eventual defeat for their aim ol secession from Canada. The polls show a majority of the electorate opposed to secession while supporting the
        AFP  -  102 words
      • Article
        Lock icon EU backs candidates for OECD
        90 8 Reuter BANSIN, Germany European Union foreign ministers on Sunday backed Frenchman Jean-Claude Paye to remain as secre-tary-general of the Organisation for Economic Cooperation and Development (OECD). Diplomats said a majority of ministers supported Mr Paye in a secret vote at an informal weekend meeting. Mr
        Reuter  -  90 words
      • Article
        Lock icon Radioactive material seized in Berlin
        61 8 Bloomberg Business News BERLIN German police have seized 850 grams of radioactive material being smuggled by plane from Moscow, the British Broadcasting Corp reported. The material was being smuggled by a Zairian man, who was travelling from Moscow to Berlin. The material was captured at
        Bloomberg Business News  -  61 words
      • Article
        Lock icon Inmarsat starts hunt for funds
        88 8 Bloomberg Business News LONDON The International Maritime Satellite Organisation has begun its search for the US$2.6 billion (553.95 billion) needed for its proposed satellite mobile-phone system, which by the year 2000 is intended to serve pocket-sized mobile phones anywhere in the world, newspapers reported. The
        Bloomberg Business News  -  88 words
    • Article
      Lock icon Spielberg in Forbes' list as world's richest entertainer
      278 8 Reuter NEW YORK Steven Spielberg, the billionaire filmmaker with the Midas touch, ranks as the world's richest entertainer following the USS9OO million (551.35 billion) box-office success of Jurassic Park. Forbes magazine said on Sunday that Mr Spielberg earned US$l7O million in 1993
      Reuter  -  278 words
    • Article
      UK catches financial markets off-guard with half-point hike
      418 8  -  From Neil Behrmann in LONDON THE BANK of England shocked financial markets by raising UK interest rates by half a percentage point to 5.75 per cent yesterday. The rate increase was the first since September 1992. when the bank was desperately trying
      418 words
    • Article
      Lock icon Bundesbank unlikely to be swayed by UK rate rise
      242 8 Reuter FRANKFURT Germany's Bundesbank is likely to carry on trimming official interest rates despite a 1/2 point rate rise in Britain, German economists said yesterday. The Bank of England set its money market minimum lending rate at 5.75 per cent yesterday
      Reuter  -  242 words
    • Article, Illustration
      Lock icon Kennedy award for courage
      77 8 Reuter BOSTON John F Kennedy Jr pointing out the inscriptions of his father's words on a silver lantern as he and sister Carolinne Kennedy Schlossberg (left) present the 1994 John F Kennedy Profile in Courage Award on Sunday to IS congressman Henry Gonzalez of Texas who
      Reuter  -  77 words
    • Article
      Lock icon UK, US may clash over Sinn Fein, Bosnia
      157 8 Reuter LONDON The UK yesterday seemed set for diplomatic clashes with its closest ally, the US, over policy moves on the Northern Ireland and Bosnia conflicts. The UK is concerned about a second North American visit by Belfast-based Sinn Fein leader Gerry
      Reuter  -  157 words
    • Article
      Lock icon Russia and West in US$40b phone network revamp
      401 8 Reuter MOSCOW Russia will launch the first phase of a US$4O billion (SS6O billion) project to upgrade its antiquated telephone system in early 1995. working with three Western companies US firm USWest. Germany's Deutsche Telekom and France Telecom. "We expect to sign
      Reuter  -  401 words
    • Article
      Lock icon Sweden's top four exporters warn govt of investment pullout
      368 8 Reuter STOCKHOLM The heads of Sweden's top four exporting companies threatened yesterday to pull future investment out of Sweden unless a new government due to be elected on Sunday gets to grips with the economy. In an unusual joint statement. the
      Reuter  -  368 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      486 6 A great new plus. The more times you fly the bigger your bonus. (OVER AND ABOVE THE REGULAR MILES YOLI EARN!) t ROYAL Thai offers its Royal And the more times-you fly, the bigger the Los Angeles in the U.S.A., and more destinations ORCHID Orchid Plus members one bonus. Here's
      486 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      225 7 ]IpM||||BHfWMIBIBMif|^B^^BBBBB|BiB^BB^I fe^i^mBBSBWBiI^^^MMWWBHK^^PI^ Tf«><.' "I^mßgHMMln^MiSaMl^ 1-" HI^Ml" I mar J M*y V"rjJ BuMSI hi HI B Hfl I ■•«®5» HI HRfl iflWiMt'M ii-iM-i-ti^tr ill i■i ••wrtajtaßgPFi HH .5 x"^^x r s^^^nEM^HßsM^MSsj9y^j|fcYcßH^HUH ANOTHER REPUBLIC THAT ATTRACTS MINDS WITH THE FORESIGHT TO INVEST IN THE FUTURE. Singapore wouldn't be held in such high
      225 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      237 8 Canada's conundrum, Pg 16 NOW MEN CAN HAVE GREAT LOOKMGSKJN There was such an overwhelming response to our previous promotion we're now holding another fa male executives who want their skin to look great. Now, with the advances made in skin care from Men's Skin Center, it is possible to
      237 words
    • Advertisement
      Page 8 Advertisements Column 2
      221 8 P HOW MANAGING DIRECTORS M §ffa TRAVEL WHEN THEY'RE H mm NOT ON COMPANY EXPENSE. M You just can V beat a Jetabout China tour. We use experienced English speaking guides W/fM rtift an j gi Pe you maximum flexibility on departure dates. China has a lot to offer and
      221 words
    • Advertisement
      Page 8 Advertisements Column 3
      90 8 Harbour Yiew Dai-ichi Hotel Corporate Bates Applicable Till Dec 94 SUPERIOR ftioo ROOM fl^O "■ggg W CLUB ftlftO* ROOM fIOU Inclusive of breakfast and cocktail All Are Welcome For Reservations, call: toll free *****09 (8 am 8 pm) *****33 (24 hrs) fax: *****81 Bulk booking call: *****33 ext 3110 Kurt
      90 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      442 9 i i'i I fn^^B^Bl^BP^ ■44 TffiyJMBHWPi vv 'Si^B. lllte* 'lis, V £fl Bl Jhlbk, 'A -iL 'i*lli£&*£^l The Regional India Fund. Your first step into a country that has just made the biggest economic reforms in its history. In 1991, the government of India passed legislation which once and for
      442 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      398 10 m i M HM9M^to^^^Hßß|H^^E^^B^^H We protect. The first cathodic protection company ISO 900 certification for commissioning of offshore sacrificial anodes. TECH member i r—^ (65) *****51 Eli V jrkl FIRM W Congratulations to CP Tech for achieving ISO 9001! r AUSTMET CW COMALCO AustmentAsiaPty Limited «s,„«,„«»„ imm SMELTING 395 Collins
      398 words
Page thumbnail Page 11
  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Building up the Srivikorn stake
      959 11  -  DBS Land's partner in Thai project is no ordinary family, reports Loh Hui Yin Loh Hui Yin LAST week was particularly hectic for the Srivikorn family of Thailand. Through their listed property company Golden Land, they signed a joint venture agreement with Singapore's DBS Land
      959 words
    • Article
      Lock icon HK property much less risky investment than stocks: report
      579 11 Eastern Express INVESTING in Hongkong property, while yielding lower returns than stocks, has been a far less risky business over the past 10 years, according to a joint report by Jones Lang Wootton (JLW) and Hong Kong University. "I think most
      Eastern Express  -  579 words
    • Article
      Johor township seen as new magnet for foreign investment
      527 12  -  Gateway location and continued high growth in Asia augur well for project. A J Leow reports A J Leow THE developer of a Malaysian township next to the second causeway between Malaysia and Singapore is counting on it as a new
      527 words
    • Article, Illustration
      Music master's home sounds high note for auction
      252 12 A PRE-WAR bungalow owned by the late Goh Soon Tioe, a violinist, conductor and pioneer music teacher, is among 12 properties slated for auction this Thursday. The home at 22 Balmoral Crescent where Mr Goh lived for more than 30 years now
      252 words
    • Article
      Lock icon KPS to build budget hotel in Langkawi
      301 12 Bernama KUALA LUMPUR Kumpulan Perangsang Selangor Bhd will build a 300-room budget hotel in Langkawi, Kedah. early next year, managing director Zabir Bajuri said. Speaking to newsmen after an underwriting ceremony for one of its subsidiaries. Shah Alam Properties Sdn Bhd, here, he
      Bernama  -  301 words
    • Article, Illustration
      PROPERTY WATCH
      289 12 Selected transactions in the past week transaction Dtetrid Pro l <ct tond fW («q ft) Tenur> PRIVATE Sep 5,1994 2057 CloverWay Terrace 1970 FH 1,325,000 666 Sep 5,1994 T 1026 T Farrer Court Condo 3+TT 1452 99 590,000 406 Sep 5J 994 1646 TheBayshore Condo 3+1T 1184 99
      289 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      244 11 Li h n The message in the bottle is simply this: Henry is able to maximise the I use of space. Everyone of our layout plans is designed with the future in mind. Because we believe every company will have to expand. In due time. Suppose your office staff strength
      244 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      258 12 hotel. Discover nine fabulous packages just waiting to be unwrapped at the new Hyatt Regency )ohor Bahru. T W O There are two meeting packages to optimise your time away from the office. A golfing break that's well above par. And to help you escape from the city, why not
      258 words
    • Advertisement
      Page 12 Advertisements Column 2
      20 12 inmiiiii M«f Iffy Wti r tm It's the Most Cost-Effectivc Advertising Media in Town k The Classified llj m m
      20 words
    • Advertisement
      Page 12 Advertisements Column 3
      39 12 Cheaper than city apartments Approx. 4,300 sq ft per floor Freehold strata title offices Below replacement cost From $218 per sq ft Capital appreciation assured For details contact JM Sidlee Sole Marketing Agent Tel: 222 1800 Fax: 226 2215
      39 words
Page thumbnail Page 13
  • SPORTS
    • Article, Illustration
      Lock icon Agassi batters Stich from start
      686 13 US Open AP NEW YORK Andre Agassi, navigating the most perilous path to the US Open championship in history, battered Michael Stich from the start on Sunday and slammed him with a shot at his wrist at the end of a thoroughly ruthless performance. Agassi
      AP; AFP  -  686 words
    • Article
      Lock icon The unseeded grunge steals the show
      849 13  -  By Harvey Araton NYT NEW YORK The ponytail falling from the back of the cap is hotter than ever now. Expect a nationwide rise in scruffy, shirtless males with earrings and black socks hitting with topspin. Unseeded Andre Agassi won the US Open on
      NYT  -  849 words
    • Article, Illustration
      Lock icon Price struggles to narrow win at Canadian Open
      598 13 Golf AP OAKVILLE, Ontario The rest of the PGA Tour can at least take solace that the victories aren't coming easy for Nick Price. He solidified his place as the best golfer in the world on Sunday by winning the Canadian Open
      AP; Reuter  -  598 words
    • Article
      Lock icon Asian Games invitation to Taiwan president is off
      230 13 Reuter KUWAIT The Olympic Council of Asia (OC'A). try ing to avert a threatened Chinese boycott of next month's Asian Games, said yesterday no politicians would be invited other than those from host country Japan. A brief statement from OCA. the games'
      Reuter  -  230 words
    • SIDE LINES
      • Article
        Lock icon Gilford makes impressive win
        87 13 AP UCKFIELD. England England's David Gilford gave one of the most impressive displays of the golfing year to win the European Open by five strokes at East Sussex National on Sunday. The part-time cattle farmer achieved his biggest victory when he fired a closing 67 to
        AP  -  87 words
      • Article
        Lock icon Sweaty jerseys, frothy sales
        96 13 AFP AUCKLAND Smelly, sweaty All Black jerseys are to be pressed into service to help sell New Zealand beer in Britain, a brewery yesterday All Black players w ill hand over their jerseys after training, anil without being washed, they will be shipped to Britain to
        AFP  -  96 words
      • Article
        Lock icon Damon Hill takes Italian Grand Prix
        103 13 AFP MONZA. Italy Britain's Damon Hill in a Williams Renault won Sunday's Italian Grand Prix to close to just 11 points behind suspended World Championship leader Michael Schumacher of Germany Schumacher, banned for two races, will also miss the next event in Portugal, and
        AFP  -  103 words
      • Article
        Lock icon Canadian rookie wins IndyCar race
        158 13 Reuter ELKHART LAKE. Wisconsin Canadian rookie Jacques Villeneuve won the first IndyCar race of his career as he held ofT A 1 Unser Jr to win the Texaeo/Havoline 200 on Sunday. Unser's second-place finish locked up his second points title. Unser. who has won eight
        Reuter  -  158 words
    • Article
      Lock icon Five golds and two records for Chinese freestyler Le Jingyi
      522 13 AP ROME She'd just set the 50 metres world record to go with her 100 mark and collected her fifth gold medal at the World Swimming Championships. "1 didn't know I could swim this fast." Le Jingyi said. But she
      AP  -  522 words
    • SCORE CARD
      • Article, Illustration
        American Football
        69 13 NEW YORK NFL Sunday: Atlanta 31 LA Rams 13: Cleveland 10 Pittsburgh 17; Green Bay 14 Miami 24; Kansas City 24 SF 17; Minnesota 10 Detroit 3: New England 35 Buffalo 38: Tampa Bay 24 Indianapolis 10: Dallas 20 Houston 17: LA Raiders 9 Seattle 38; New Orleans
        69 words
      • Article, Illustration
        Athletics
        180 13 LONDON World Cup finals last da> Sunda> Men's 200 m: I J Regis (GB) 20.45 2 F Fredericks (Afr) 20.55 3 G Moen (Eur) 20.72. 110 m hurdles: I T Jarrett (GB) 13.23 2 A Johnson (US) 13.29 3 EValle (Ame) 13.45. High Jump: 1 J Sotomavor (Ame) 2.40
        180 words
      • Article, Illustration
        Golf
        197 13 OAKVILLE, Canada LSSI.3milliun Bell Canadian Open final round Sunda> (I S unless stated): 275 Nick Pr'icc (SA) 67-72-68-68 276 Mark Calcavecchia 67-71-71 -67 277 Tom Lehman 69-69-70-69 278 Mark McCumber 74-65-67-72. Jav Don Blake 74-63-73-68. LCKFILLD, England £600.000 Kuropean Open final scores Sunday (GB/Ire unless stated): 275 D Gilford
        197 words
      • Article, Illustration
        Motor-racing
        59 13 MONZA, Italy Italian grand pri\ Sunday: I Damon Hill (GB) Williams-Renault Ihr 18min 2.7545 ec 2 Gchrard Bcrgcr (Aus) Ferrari at 4.9305 cc 3 Mika Hakkinen (Fin) McLaren-Peugeot at 25.640. Drivers' championship: I Michael Schumacher (Ger) 76 pts 2 Hill (GB) 65 3 Bcrgcr (Aus) 33. Constructors championship: I
        59 words
      • Article, Illustration
        Swimming
        140 13 ROME World Championships Sunday Women's 200 m backstroke: 1 Liu Limin (Chi) 2:07.25 2 Qu Yun (Chi) 2:07.42 3 Susan O'Neill (Aust) 2:09.54. 50m freestyle: I Lc Jingyi (Chi) 24.51 (World Record) 2 Natalia Mesheryakova (Rus) 25.10 3 Amy Dvken (Hoi) 25.18. 200 m backstroke: 1 He Cihong (Chi)
        140 words
      • Article, Illustration
        Tennis
        123 13 NEW YORK US Open finals Sunday Women's doubles: 2-Ar-antxa Sanchez Vicario (SpnVJana Novotna (Cze) b Katcrina Malceva (Bul)/Robin White (US) 6-3 6-3. Men's singles: Andre Agassi (US) b 4-Michacl Stich (Ger) 6-1 7-6 (7/5) 7-5. ST PETERSBURG, Florida Women's Tennis Association leading money winners Monday: I Arantxa Sanchez Vicario
        123 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      1066 14 Nothing B6fltS A Bud* WHERE to wine, dine and entertain Wnwo or Me Canbb e^ From June Ist 1994 Mischief Pub at the Boulevard Hotel presents* j Caribbean Arts Festival's iA Best Performing Band JF|i jft the Miami MTV sensation Dreodi Ration Time: 8.15pm nightly jJE Venue: Mischief at Lobby
      1,066 words
    • Advertisement
      Page 14 Advertisements Column 2
      406 14 Mooncake Festival At The Mandarin Singapore From now till 20 September, all our traditional mooncakes like lotus seed paste with 1, 2 or 4 egg yolk, snow skin or white lotus seed paste, assorted nuts with kam hua ham, 7 stars with white lotus paste mooncakes are on sale. Our
      406 words
Page thumbnail Page 15
  • LIFESTYLE
    • Article, Illustration
      Lock icon Picket Fences snatches Emmy for Best Drama Series again
      1103 15 46th Annual Emmy Awards AP PICKET FENCES, a drama set in a small, offbeat Wisconsin town, won again as the best US television drama scries at the 46th Annual Primctime Emmy Awards on Sunday. The CBS programme won two other major
      AP; Reuter  -  1,103 words
    • Article, Illustration
      Lock icon Jessica Tandy, 85, dies of cancer
      346 15 Obituary NYT JESSICA TANDY, who enhanced the American theatre and enriched the American screen as few actresses have, died on Sunday at her home in Easton. Connecticut. She was 85. The cause was ovarian cancer, said her husband, the actor Hume Cronyn. Tandy triumphed
      NYT  -  346 words
    • Article
      Zhang Yimou barred from movie-making
      264 15 CHATTERBOX CHINA has banned its bestknown director, /hang Yimou, from making films for the next five years because his most recent picture. Lifetimes. was shown abroad without Beijing's blessing. Hongkong press reports said yesterday. Quoting reliable sources in Beijing, the Overseas Chinese Daily News added
      264 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      168 15 m Hflfe INDONESIAN Agjj JjT RESTAURANT <imxltex6tc J Yellow Rice, Avocado Shake business hours Lunch 12noon to 3pm (last order 2 45pm) KnUl Dinner 6pm to 10 30pm (last order 9 45pm) VAI la Cc"ee '-'ours 3pm to 6pm ff/M SAT-SUN PUBLIC HOLIDAYS: \ll Lunch :11 30am to 3 30pm
      168 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1263 15 TV RADIO The i Four Seasons, 10pm, ,f, Vivaldi's most*famous compo- v V sition. Catch the passage of the >'/ -A*' <? 5* a tP year from La Primavera "'V y *p V' (Spring), through L'Estate > V '.>• J (Summer), L'Autunno (Au- r tumn) and L'lnverno (Winter). "r* ty,
      1,263 words
Page thumbnail Page 16
  • Article
    Canada's conundrum
    504 16 EDITORIAL QUEBEC is an economic and political entity which matters. It is about three times the size of France, and accounts for more than a quarter of Canada's population. It also accounts for more than one-fifth of Canada's gross domestic product. So the results of yesterday's election to
    504 words
  • WHAT THE OTHERS SAY
    • Article
      Time for change in Myanmar
      188 16 MYANMAR has reached a critical cross-roads, and the regime can no longer turn the clock back. If the military leaders are sincere in wanting to clean up their act, they deserve the people's wholehearted support. Unfortunately, the bloodshed, political repression and wrong policies of the
      188 words
    • Article
      Don't go overboard
      95 16 ITS GOOD that this year's Speak Mandarin Campaign is targeted at the English-educated Chinese. They should not be shy to speak Mandarin and should not be laughed at. Other communities should understand and tolerate the effort as Mandarin is not just important economically, but is seen as
      95 words
    • Article
      Take the bull by the horns
      153 16 ABOUT 40 per cent of children in the US are born to single mothers. This is a rather shocking figure and the immediate question that comes to mind is what has gone wrong. The decline of social morals, promiscuity, loss of family values, and
      153 words
    • Article
      Blame yourselves
      160 16 THE MESSAGE has been made very clear and it is hoped the lesson is well learnt. The Malaysian Cabinet decided on Wednesday to lift the six-month-old ban on British tenders for government projects. The British firms can thank the unfounded allegations in the British press, especially in the
      160 words
    • Article
      Inflation in mind
      193 16 THE NEEDLESS PERPLEXITY of the problem of inflation in modern economies is almost solely due to one thing: the inexorable upward drift of prices is largely a self-fulfilling state of mind. When people expect prices to rise, they demand compensatory wage hikes and so actually push prices
      193 words
  • Article, Illustration
    Lock icon The unnerving uncertainty about interest rates
    1076 16  -  Higher US producer prices triggered a sell-ofFlast Friday. Market players are now warilv watching how the Fed will react to this week's consumer prices and industrial capacity use figures. Carl Gewirtz reports Carl Gewirtz IHT STAY AWAY from bonds. Beware of equities. Avoid the
    IHT  -  1,076 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      269 16 TEEN WAVE From Levi's 501s to Lifestyle I Pagers, teenagers here are snapping up the latest designer labels. Powered by indulgent parents, pocket money and part- time work, they've become a new force in the marketplace. ALSO IN THIS ISSUE: "Royal Brothers": The new deal makers Singapore ups stakes in
      269 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      154 16 kiiLla JWbHSSRISS!!![fMese's r I TGOOP HepNertS Woo RG i in/ ,o A SITS on o>»NDouj MOu) Do \STpPTT DfVID i) SIU- fMJ_ DRY AND YOU KNOIO IT'S P\ mf\GPi£ TMC ftNimftL Time I TORN PW BRCK V umThooT secjNG, IT 7* yiT STfeALyo CoeTH'NG-.y jjj DOONESBURY GARRY TRUDEAU nsamvss- there
      154 words
Page thumbnail Page 17
  • ANALYSIS
    • Article, Illustration
      Worrisome hollo wing-out of a financial kind
      1406 17  -  Anthony Rowley finds Japan losing out as financial sector activities migrate at an alarming rate, and examines what the authorities are doing about it. In the other story, he describes how recent events have been moving Japan closer to a traditional two-party political
      1,406 words
    • Article, Illustration
      Lock icon The fast-changing face of Japanese politics
      938 17 JAPAN moved perceptibly closer to achieving a two-party political system last week with the decision by the main opposition forces to form a united parliamentary group and an accompanying indication that the three ruling parties may also merge. These moves are being propelled largely
      AFP  -  938 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      170 17 AN OPPORTUNITY TO PROSPER IN A MULTI-BILLION DOLLAR MARKET. The six countries of Bahrain, Saudi Arabia, Kuwait, Qatar, Oman and UAE that together comprise the Gulf Cooperation Council (GCC) states. The GCC is the fastest growing market in the Arab region with one of the highest per capita income and
      170 words
Page thumbnail Page 18
  • Article, Illustration
    Lock icon PM Goh to discuss joint business council with Keating
    452 18  -  Reports from Chuang Peck Ming in SYDNEY PRIME Minister Goh Chok Tong will propose the formation of a Singapore-Australia business council when he meets his counterpart Paul Keating today. "The council will provide a forum for Singaporean and Australian businessmen to
    AFP  -  452 words
  • Article
    Lock icon China's APT to move satellite to new orbital slot
    371 18 Reuter HONGKONG China-back-ed satellite company APT Satellite Co will move its recently launched Apstar-1 satellite to another orbital position to avoid interference with other satellites in the slot originally chosen. APT announced the change in a statement yesterday after informing customers
    Reuter  -  371 words
  • Article
    S'pore sees EAEC as caucus for Asians in Apec
    272 18 SYDNEY The Malaysianproposed EAEC will have a role to play as a loose caucus for Asians in the Asia-Pacific Economic Cooperation (Apec) forum, if the latter succeeds as an organisation. Prime Minister Goh Chok Tong said last night. And Singapore will
    272 words
  • Article
    Shanghai keen to hear out NTUC FairPrice
    476 18  -  From Teh Hooi Ling in SHANGHAI MORE Singapore investments are set to find their way to Shanghai, especially in the retail and service-related industries. In talks yesterday with the city's vice-mayor Zhao Qi Zheng, Singapore's Minister for Trade and Industry, Yeo Cheow Tong,
    476 words
  • Article
    Lock icon Intensive talks fail to narrow US-Japan trade differences
    356 18 Reuter LOS ANGELES Japan and the United States failed to reach any agreement on the three priority trade issues cars, insurance and government purchasing after intensive negotiations in Washington and Los Angeles. Some Japanese negotiators have already left Los Angeles while the
    Reuter  -  356 words
  • Article
    Lock icon Big Four powers reaffirm free trade
    251 18 Reuter LOS ANGELES Sharply divided over US-Japan trade, the Big Four economic powers closed ranks on Sunday to pledge their commitment to open markets and "a new world order in trade". Meeting in a "Quad" for the 25th time, the US, European, Japanese and
    Reuter  -  251 words
  • Article, Illustration
    PM Rao has a lot more reforming to do in India
    962 18  -  The Bottom Line PATRICK DANIEL PATRICK DANIEL The writer is editor of BT THOSE who were at the 13th Singapore Lecture, delivered last week by Indian Prime Minister PV Narasimha Rao, saw at first hand just how it was
    962 words
  • Article
    Indonesian power plant gets eight banks' pledge on US$2b financing
    410 18  -  From Maggie Ford EIGHT commercial banks have given preliminary commitments to underwrite about US$2 billion (552.98 billion) in financing for the giant Paiton power station in Indonesia, the construction consortium said yesterday. The project, for which the ground-breaking ceremony was
    410 words
  • Article
    Lock icon Borden accepts US$2b merger bid from KKR
    255 18 Reuter NEW YORK In a US$2 billion (Ss3 billion) deal, dairy and pasta giant Borden yesterday said it would be acquired by Kohlberg Kravis Roberts (KKR), marking the biggest acquisition by the leveraged buyout firm since it bought RJR Nabisco Holdings Corp. Under
    Reuter  -  255 words
  • Page 18 Advertisements
Page thumbnail Page 19
  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        39 19 Weak Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-ftpm yesterday. Owrnight events may alter sentiment Brokers polled Alliance. Bannx, Dama. GK Goh. Kay Hian. Nomura, OngC'o. Phillip and Smith Sets Court.
        39 words
      • Article, Illustration
        HOT STOCK
        133 19  -  By Paul Leo Nat Steel is a buy at yesterday's close of $3.22. Daily, weekly and monthly stochastics indicate an oversold situation. A divergence pattern on the daily chart where Relative Strength Index is rising while prices are steady indicates that an upmove is due. Weekly Moving Average
        133 words
    • Article
      Drink maker Pokka to raise $8.9 million through IPO
      445 19  -  By Shiv Taneja SINGAPORE The local flagship of Japanese food and drink maker Pokka Corp will raise $8.9 million through a main board public offer. Pokka Singapore plans to issue 16 million new 25-cent shares and sell 8 million vendor shares.
      445 words
    • Article, Illustration
      Hong Leong to pay $153m for Wing Tai unit's Marina House
      393 19  -  By Lilian Ang SINGAPORE The Hong Leong group has bought Marina House for $153 million, in a move that will strengthen the Kwek family's hold on commercial property in the Shenton Way/Robinson Road area. Under a deal sealed yesterday,
      393 words
    • Article
      SIA leads Asean venture bidding for HK aircraft maintenance licence
      412 19  -  By Rahita Elias SINGAPORE National carrier Singapore Airlines and three other Asean carriers yesterday formed a HKSI2O million (5523.3 million) venture to bid for an aircraft maintenance licence at Hongkong's Chek Lap Kok airport. SIA is eyeing other plane maintenance
      412 words
    • Article
      Efforts to improve image augur well for MBf Capital
      750 19  -  HOCK LOCK SiEW By William Chia IF EVER a company had an image problem, it would be MBf Capital Bhd. It is Malaysia's largest finance company. It is also involved in stockbroking, leasing and factoring, credit card, and insurance. And it
      750 words
    • Article
      Tuan Sing buys Shanghai site for housing project
      198 19 SINGAPORE Propertybased Tuan Sing is buying a site in Shanghai on which it will develop houses. Tuan Sing told the stock exchange here yesterday that its subsidiary Shanghai Xin Min Real Estate United Development Co had agreed to buy the 338,000 sq
      198 words
    • Article
      More user-friendly info on warrants, bonds, loan stocks
      135 19 FROM today, our SES share price page will give readers easier access to important information on warrants, bonds and loan stocks. Similar information is now provided by the Stock Exchange of Singapore on its trading screens. The information includes expiry dates of
      135 words
    • COMPANIES
      • Article
        QAF in $100m venture with China's top meat product firm
        369 20  -  By Conrad Raj SINGAPORE Local listed food distributor. QAF Ltd. and four other parties have teamed up with China's largest meat product manufacturer to set up a SSIOO million joint-venture company in Henan province. The assets of the Chinese company,
        369 words
      • Article
        Sedap-led group clinches Lumut deal
        444 20  -  From Ho Kay Tat in KUALA LUMPUR SEDAP FOOD Confectionery Bhd is leading a consortium that has secured the privat isat ion of the much-sought-after Lumut naval dockyard in Perak state, sources said. The consortium partners include listed Perusahaan Sadur Timah Bhd (Perstima). the Armed
        444 words
      • Article
        SuperBowl IPO believed to be fully subscribed
        157 20 LEISURE operator Superßowl Holdings' initial public offer both the fixed and tender portions on the main board has been fully subscribed, said sources last night. But. there were no further details on subscription levels and the strike price for the tender portion at
        157 words
      • Article
        Untitled
        500 20 Managers' price* Sep 13 Mendaki Or Fund 1.20 I 2.UJ(<i I S Or Fund 100 I 04-* !SErr. UMB Invest Mgt Ltd Fumf 0 72 0 76 t"'N«d 1 035 j 06 S-pore See Fund 105 I.I lad I mled Or Fund 72 LT» S pore Invest Fund 1 20
        500 words
      • COMPANY BRIEFS
        • Article
          Lien Hoe lifts interim pre-tax
          83 20 KUALA LUMPUR Lien Hoe Corporation Bhd has reported a group pre-tax profit of M 57.57 million (554.43 million) for the half-year ended June 30, 1994 from M 55.65 million in the previous corresponding period. A Lien Hoe statement here yesterday said group turnover amounted to
          83 words
        • Article
          PB Packaging in China venture
          64 20 SINGAPORE Tibs Holdings' subsidiary PB Packaging Systems Singapore has tied up with Beijing General Corp of Agriculture, Industry and Commerce to produce high grade paper cartons and to develop a variety of packaging products. PB Pacakaging will have a 65 per cent stake in the
          64 words
        • Article
          Corrections and clarifications
          59 20 IN the Approved Issues section of our BT Share Information Service yesterday, we wrongly gave the ex-date and books closure date of Antah Holdings warrants as Aug 29 and Sep 12 respectively. The correct ex-date of Antah Holdings warrants is Sep 16 and the book closure date
          59 words
        • Article
          Lock icon TA Enterprise aborts Indon bid
          67 20 Bernama KUALA LUMPUR TA Enterprise Bhd has aborted a proposal to take up majority equity in an Indonesian stockbroking company, PT Swadana Cipta Efakindo, a company statement said yesterday. TA had announced last month the proposed acquisition of '85 per cent equity in the Jakara-based
          Bernama  -  67 words
        • Article
          Osprey Maritime buys stake
          52 20 SINGAPORE Osprey Maritime Limited has bought an 80 per cent stake in Tampines Investments Limited. Its newest subsidiary is a Liberian corporation which owns a 35,000 dwt crude oil carrier Ibnu built in 1993. Osprey has valued the vessel and its charter at about USS33 million
          52 words
        • Article
          CP Tech awarded ISO 9001
          41 20 SINGAPORE Keppel Group related Cathodic Protection Technology (CP Tech), the largest cathodic protection designer and manufacturer in South-east Asia, has obtained ISO 9001 accreditation from Det Norske Veritas Quality Assurance Ltd for its quality management system.
          41 words
      • Article
        New phone service puts rivals in shade, says Singapore-linked firm
        324 20  -  From Al Labita in MANILA A SINGAPORE Telecom joint-venture firm in the Philippines says it has stolen a march over rivals with a new international mobile phone service. Globe Telecom president Mark Javier said yesterday the Handyphone service gave users
        324 words
      • Article
        KL bourse aims to rank with world's best, says its chief
        240 20 SINGAPORE The Kuala Lumpur Stock Exchange was committed to offering worldclass service, its executive director, Nik Mohammed Din, said last night. Delivering the dinner address on the second day of the Asian Securities Analysts Council's 16th Annual Conference at
        240 words
      • Article, Illustration
        Lock icon Philippine exchange experiments with parallel benchmark index
        310 20 Bloomberg Business News Reuter MANILA The Philippine Stock Exchange (PSE) is running tests of a parallel benchmark index amid signs that the current composite index is no longer an accurate gauge of market movements. A spate of new listings, plus the more active
        Bloomberg Business News; Reuter  -  310 words
      • Article
        Lock icon Shenzhen monitors possible first-ever takeover bid in China
        342 21 Bloomberg Business News SHENZHEN Shenzhenlisted conglomerate China Vanke Co has become the subject of takeover rumours for the second time in four months, a stock exchange official said yesterday. "We are monitoring the situation on a day-to-day basis to check that relevant
        Bloomberg Business News  -  342 words
      • Article
        Lock icon New Hang Seng Index components to be announced by October
        476 21 Bloomberg Business News HONGKONG HSI Services Ltd, which compiles Hongkong's benchmark Hang Seng Index, will soon pick at least two new component stocks to replace Jardine group companies. "HSI Services will announce new Hang Seng Index stocks in late September
        Bloomberg Business News  -  476 words
      • Article
        Lock icon Beijing to limit firms' foreign listings
        142 21 Bloomberg Business News BEIJING China will keep placing tight controls on companies trying to list their stock abroad, giving priority to those in iron, steel and energy. The China Securities newspaper yesterday quoted Nie Qingping, deputy information director of China's securities regulator, as saying
        Bloomberg Business News  -  142 words
      • Article, Illustration
        Lock icon San Miguel HK fights back against imported beer
        299 21 Bloomberg Business News HONGKONG A trip to the shops is enough to explain why the financial results of Hongkong's dominant beer maker San Miguel Brewery Hongkong have made such sorry reading in recent years. Stacked on the shelves «of one of Hongkong's
        Bloomberg Business News  -  299 words
      • COMPANY BRIEFS
        • Article
          Lock icon Swire takes stake in Carlsberg
          97 21 Bloomberg Business News HONGKONG With an eye on the beer market in China, Hongkong conglomerate Swire Pacific said it bought a 39.2 per cent stake in Carlsberg Brewery Hongkong for HKSS23 million (SST 101.5 million). It is buying 30 per cent from Danish industrial conglomerate
          Bloomberg Business News  -  97 words
        • Article
          Lock icon Seapower in TVB for long haul
          62 21 Reuter HONGKONG Seapower Research said Television Broadcasts Ltd (TVB) is a long-term buy because of its strong interim results. It added Malaysian tycoon Robert Kuok's decision to reduce his TVB stake would have no impact on its prospects. Seapower said TVB's strong interim profit
          Reuter  -  62 words
        • Article
          Sun Hung Kai first past the Post
          99 21 HONGKONG Sun Hung Kai Properties has come out on top of the fii/sinevs Post survey of the 33 Hang Seng Index constituent companies for a third straight year, the South China Morning Post reports. The survey covers management quality, financial soundness, information flows,
          99 words
        • Article
          Lock icon Taiwan is world's top bourse
          93 21 AFP TAIPEI Taiwan is the world's No 1 stock market in terms of stock index growth, posting a surge of 79.4 per cent in the 12 months to August 1994, a report said yesterday. The Council for Economic Planning and Development, a Taiwanese cabi-net-level agency,
          AFP  -  93 words
      • Article
        Lock icon NYSE listing more appealing than Nasdaq to China firms
        312 21 Eastern Express HONGKONG The New York Stock Exchange (NYSE), despite its higher costs and more stringent listing requirements, remains more appealing than other US exchanges for Chinese companies seeking a listing in the United States. This is according to Xu Guangxun,
        Eastern Express  -  312 words
      • Article, Illustration
        Lock icon Woolworths to spend up to A$300m to raise market share
        335 22 Reuter SYDNEY Food retailer Woolworths Ltd plans capital expenditure of As2so million (***** million) to As3oo million annually for the next five years as part of a plan to expand market share. Managing director Reg Clairs said the company was
        Reuter  -  335 words
      • Article
        Lock icon BAT set to enter Indian financial sector
        330 22 Plans for joint ventures in mutual funds, insurance Reuter BOMBAY British tobacco giant BAT Industries pic is planning a two-pronged entry into India's mutual funds and insurance sectors in joint ventures with its 32 per centowned Indian associate. ITC Ltd. The £17.8 billion
        Reuter  -  330 words
      • Article
        Lock icon NEC, Motorola discuss portable computer link
        239 22 Bloomberg Business News TOKYO Japanese electronics maker NEC Corp is holding talks with Motorola of the US over the creation of a network in Japan to allow the fast transfer of data between mobile computers. The system would allow users of portable computers or
        Bloomberg Business News  -  239 words
      • Article
        Lock icon Aussie insurer GIO's profits up 22pc
        296 22 Bloomberg Business News SYDNEY GIO Holdings Ltd. the largest listed insurer in Australia, yesterday said its net profit rose 22.3 per cent in the year ended June 30 to AS 126.1 million (SS 139.9 million), partly reflecting a change in accounting practice. A new
        Bloomberg Business News  -  296 words
      • Article
        Lock icon Aussie pay-television consortium disbands
        179 22 Bloomberg Business News SYDNEY A pay-television group of Australian heavyweights in media and telecommunications disbanded yesterday with nothing to show for itself. The Australian Pay Television Consortium linked gov-ernment-owned Telecom, Kerry Packer's Nine Network Australia Ltd and Rupert Murdoch's News Ltd. The group unsuccessfully bid for
        Bloomberg Business News  -  179 words
      • Article
        Lock icon Lufthansa sets price of 160 marks for share privatisation
        371 22 Reuter FRANKFURT Deutsche Lufthansa AG said yesterday it will raise 1.2 billion deutschemarks (S$ 1.16 billion) in a share issue that will put 65 per cent of the shares of the statecontrolled airline in the hands of private investors. Lufthansa said
        Reuter  -  371 words
    • FINANCE & COMMODITIES
      • Article
        Prudential (Asia) invests another US$24m in region
        430 23  -  By Catherine Ong SINGAPORE Prudential Asset Management (Asia) has invested US$24 million (5535.9 million) in five regional deals in the last three months and expects to seal another four or five investments by the year-end. Mr Timothy Chia, the firm's Singapore-based senior managing
        430 words
      • Article
        Vietnam close to issuing licences to HSBC, Deutsche Bank
        393 23  -  By Harish Mehta SINGAPORE Vietnam will soon grant licences to Hongkong and Shanghai Banking Corp and Deutsche Bank to open branches there, an official Vietnamese newspaper says. These will be the first licences issued this year by the State Bank of
        393 words
      • SMALLCHANGE
        • Article
          Lock icon Telekom M'sia Eurobonds' top rating
          67 23 AFP KUALA LUMPUR State-owned telephone firm Telekom Malaysia Bhd has gained top marks from rating agency Standard and Poor's (S and P) for its proposed US$3OO million (SS4SO million) to US$5OO million Eurobond issue. Telekom was accorded the "A" rating for the convertible bonds, maturing
          AFP  -  67 words
        • Article
          Lock icon Samsung sells 20b yen in dragon bonds
          50 23 Bloomberg Business News HONGKONG Samsung Electronics, South Korea's largest electronics concern, is selling 20 billion yen (SS3OI million) in five-and-one-quarter year floating rate dragon bonds through an underwriting group led by Daiwa Securities (HK) Ltd and Goldman Sachs (Asia) Ltd. Bloomberg Business News
          Bloomberg Business News  -  50 words
        • Article
          Lock icon Ex-Volvo head forms investment bank
          81 23 Bloomberg Business News STOCKHOLM Pehr GyllenhammeT, the former chairman of Swedish carmaker Volvo AB, who resigned after collapsed takeover plans between Volvo and Renault SA of France, has reappeared as an investment banker, the Financial Times reported on Saturday. Mr Gyllenhammer has moved to London
          Bloomberg Business News  -  81 words
        • Article
          Lock icon Indon state banks' lending slows
          73 23 Knight-Ridder SINGAPORE Indonesia's six state-owned banks have slowed their lending activities this year amid growing publicity about their bad debt problem, the Jakarta Post said yesterday. State banks' lending rose 3 per cent as of May to 73.98 trillion rupiah (Sssl billion) from December, the
          Knight-Ridder  -  73 words
      • Article
        Lock icon Taiwan plans to allow conversion of overseas bonds
        135 23 Reuter TAIPEI Taiwan's Securities and Exchange Commission (SEC) plans to allow overseas convertible bonds issued by listed firms to be converted into Global Depositary Receipts (GDRs), SEC secretary-general Su Le-ming said yesterday. However, since Taiwan still forbids foreign individuals from owning Taiwan
        Reuter  -  135 words
      • Article
        Lock icon Manila's Metrobank net worth poised to hit 15b pesos
        228 23 Reuter MANILA Metropolitan Bank Trust Co, the Philippines' biggest private commercial bank, is poised to outpace Philippine National Bank in net worth following its recent moves in the market, industry sources said. Metrobank majority owner George Ty and his brother reduced
        Reuter  -  228 words
      • Article
        Lock icon Thai watchdog says finance firms ready for big split
        359 23 Reuter BANGKOK Many of Thailand's finance and securities companies are prepared to split their operations to conform with policy rules announced just a few weeks ago, a spokesman for the Securities and Exchange Commission (SEC) said. Some companies have in fact
        Reuter  -  359 words
      • Article
        Lock icon China's central bank takes steps to speed up clearing system
        348 23 AP BEIJING The People's Bank of China, the eentral bank, is taking measures to improve China's bank elearing system to ensure money moves more smoothly. The China Daily yesterday quoted Dai Xianglong. the bank's viee-governor. as urging all Chinese banks
        AP  -  348 words
      • Article
        Lock icon Aussie long bond yields surge after US selldown
        388 24 Reuter CANBERRA Australian long-term bond yields surged through the psychologically crucial 10 per cent barrier yesterday as local markets magnified the effect of Friday's in-flation-fuelled sell-off on US bond markets. Australia's physical 10-year government bond yield rocketed to 10.09 per cent in
        Reuter  -  388 words
      • Article
        Lock icon PNG to devalue currency by 12pc
        250 24 Reuter PORT MORESBY The government of newly-elected Papua New Guinea (PNG) Prime Minister Julius Chan said it plans to devalue the country's currency by 12 per cent as part of a package of economic reforms. The devaluation of PNG's currency, the kina, is effective
        Reuter  -  250 words
      • Article
        Lock icon Weak oil prices drive drilling activity to 19-year lows
        489 24 Reuter HOUSTON Worldwide drilling activity outside North America slumped to 19-year lows in August amid weak energy prices. The monthly Baker Hughes international drilling rig count, which includes both land and offshore rigs, fell in August to 709 working rigs, the
        Reuter  -  489 words
      • Article, Illustration
        Lock icon The rising price of grain
        51 24 Reuter BEIJING A Chinese grain merchant tending to her display in a north-eastern Beijing market yesterday. Grain prices have surged after major grain-producing provinces were ravaged by floods and droughts. Beijing has said it will open its granaries and import more to keep prices stable.
        Reuter  -  51 words
      • Article
        50pc growth in size of Qatar gas project delays loans process
        450 24 DUBAI Financiers are likely to wait until early next year before asking banks to lend money to a major Qatar gas export project, banking sources said over the weekend. The wait is caused by an expansion in the size
        450 words
      • Article
        Lock icon Indonesia signs up Stanchart to help manage Bapindo
        170 24 Reuter JAKARTA Indonesia and Standard Chartered Bank of the UK are set to sign a technical assistance agreement to help the management of scan-dal-plagued state bank, Bapindo. a newspaper said yesterday. The Bisnis Indonesia daily, quoting an unnamed source at Standard Chartered
        Reuter  -  170 words
      • Article
        Lock icon Japanese banks face risk as bond trustees and lenders: Moody's
        282 24 Reuter TOKYO Japanese banks that act both as trustees of domestic bond issues and as lenders to the issuers will have to assume some credit risk while legal uncertainty over the dual roles remains, Moody's Investors Service Inc. The dual
        Reuter  -  282 words
      • Article
        Lock icon Currency Reports: London
        194 24 Bloomberg Business News LONDON The dollar was mixed against major currencies yesterday, falling to a twomonth low against the British pound after the Bank of England raised UK lending rates to control inflation. Sterling rallied against major currencies after the Bank of England raised the UK's minimum
        Bloomberg Business News  -  194 words
      • Article
        Crude slips for third day on lower demand
        192 24 Bloomberg ENERGY REPORT NEW YORK Crude oil futures on the New York Mercantile Exchange slipped a third day amid concern that seasonal maintenance work at refineries is reducing demand. US refiners processed 1.1 per cent fewer barrels of crude during the week
        192 words
      • Article
        Lock icon New York
        99 24 AFP NEW YORK The dollar was mixed at mid-morning yesterday in quiet trading ahead of the release today of new figures on retail prices. The ounce of gold rose 50 cents to U*****.20 from Friday's close. Around 1415 GMT. the dollar was trading at 1.5428 marks against 1.5379
        AFP  -  99 words
      • Article, Illustration
        Untitled
        1620 24 Ilath ui ivhlttl index takulalcJ attains! top 14 liailinx iklltmry Ba\r vrai fW US$/S$ forward rates Noon Sep 12 ss Bid Offer I-month 1.4426 1.4440 -month IW20 1.44 34 3-month ***** ***** (vmonth I 4884 I 4407 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on S«p 12 Singapore
        1,620 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, JGBs plunge in choppy trade
        1294 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and Japanese government bond (JGB) futures ended sharply lower in active trade. Dealers said US funds were buying in the morning, but sentiment turned bearish in the afternoon after a major Japanese long term credit bank set its
        Reuter  -  1,294 words
      • Article
        Tin gains 9 sen on consumer demand
        680 25 COMMODITY REPORTS KL Tin TIN surged nine sen to close at MS 13.52 a kg as prices rose in London and buyers returned for more stocks. Dealers said the market was up as tin prices gained US$6O a tonne in London on Friday
        680 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Australian gold exports up 26pc
          89 25 SYDNEY The value of Australian refined gold exports rose 26 per cent in 1993-94 (July-June) year-on-year to A 55.42 billion (556.07 billion), helping to lift the value of Australia's total mineral exports to a record A 529.8 billion, government figures showed. The value of iron,
          89 words
        • Article
          Drought cuts Aussie barley output
          94 25 SYDNEY Australian 1994-95 (July-June) barley production is expected to be less than 3.5 million tonnes, according to various state government and industry estimates. The Grain Pool of Western Australia estimates state barley production at 800,000 tonnes from plantings of 502,000 ha. Plantings are well down
          94 words
        • Article
          China to spend more on cotton
          66 25 HONGKONG China's Bank of Agriculture will increase funds for cotton procurement by 20 billion renminbi (SS34O million) from last year in a bid to guarantee state buying of the commodity, according to the Beijing-backed Wen H'ei Po newspaper. The report did not detail how
          66 words
        • Article
          Thailand to buy gas from Texaco
          70 25 BANGKOK The Petroleum Authority of Thailand is negotiating with Texaco Oil for the deliver) of some 200 million cu ft of gas per day to Thailand from the Yetagun field in Myanmar. a Thai newspaper quoted the PTT governor as saying. The price of
          70 words
    • Article
      COMMODITY PRICES
      1420 25 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Oct 94 190.50 190.50 191.00 200 2325 Nov 181.75 450 3800 Dec 178.50 300 4300 Jan/Mar 95 175.50 175.50 175.50 750 10*50 Apr/Jun 177.00 3825
      1,420 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1077 26 -37.7 THE impact of Wall Street's slump flowed through to the share market yesterday, dragging it to its biggest one-day fall since June and sparking fears of a renewed bond-market sell-off. The key All Ordinaries Index ended 37.7 points weaker at 2.032.9 while the All-Industrials dived 61.1 to 2,881.9
        1,077 words
      • Article
        Manila
        660 26 -62.14 Share prices took a sharp fall yesterday as the market reacted to rising inflation and to last Friday's Wall Street sell-off. The PSE Index dived 62.14 points to close at 2,919.31. Friday's close was amended to 2,981.45 after the exchange computer found an error in the closing price
        660 words
      • Article
        Taipei
        564 26 -32.34 Share prices dipped 32.34 points to settle at 6.967.48 yesterday on falls in plastics and electronics against minor gains in financial issues. The index opened higher and peaked to 7,033 points around 10am before skidding amid selling pressure over bearish sentiments. Turnover was 1.2 billion shares valued at
        564 words
      • Article
        Seoul
        457 26 +9.18 Stocks rocketted yesterday to a record close for the year, buoyed by abundant funds and expanded deposits with brokerage firms. The Composite Price Index posted a strong gain of 9.18 points in active trading to close at 995.7, the highest this year. Turnover was heavy with 36.1 million
        457 words
      • Article
        New Zealand
        294 26 -47.63 Shares followed the bearish trend set by Wall Street on Friday to close sharply lower on light volume. The NZSE-40 Capital Index fell 47.63 points to 2,111.09. Turnover appeared reasonable at NZS4O.4 million, but NZSIO million of that related to Brierley Investments' purchase of another chunk of
        294 words
      • Article
        Bombay
        145 26 +92.36 Share prices climbed to a new record high on continued speculative buying despite a bomb scare at India's premier bourse. The 30-share BSE Index closed at 4.643.31. up 92.36 points, or 2 per cent over last week, and compared with its previous record high of 4,588.16 set on
        145 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        906 26 Britannia Funds Merlins C«*h Bid Ofler Mim Cap Deposit 38 6400 38 *500 Mim Jtncy ut~ -OilMJ 0.1992 Mim Max Income *0 8900 ****** I SS Cash Income Plus Fund *9 5100 ******0 PS S Reserve Fund *5 3100 *5 3200 Sterling fcouily Euro Performance ***** 0.49J* Far EasJ Fund
        906 words
      • Article
        Paris
        156 26 17.96 French shares finished higher after a short squeeze in late afternoon trading. The market had started weak after Friday's fall and took a dive after the British authorities surprised markets with a 0.5 point rise in base rates to 5.75 per cent. But the gain looked fragile in
        156 words
      • Article
        Frankfurt
        202 26 +0.23 German stocks were unchanged in thin trading as uncertainty prevailed after a surprise rise in interest rates by the Bank of England. The move fed fears that rising foreign rates would kill efforts to cut German rates. "We didn't like the UK news." said a trader."There were a
        202 words
      • Article
        Brussels
        206 26 -6.44 Belgian shares closed weaker but off their intra-day lows in cautious trade ahead of the release of US August CPI data due today. The Bel-20 Index ended down 6.44 points at 1,447.55 on turnover of 1.15 billion francs. Dealers said they expected the market to slip further in
        206 words
      • Article
        Milan
        156 26 -46 Shares found support and moved oft" lows hit after rate rise fears were fanned by the UK's 0.50 percentage point increase in base rates. Trading was listless, with a lack of ideas and low volumes as foreign investors continue to stay away. "The UK move prompted some weakness,
        156 words
      • Article
        Amsterdam
        247 26 -1.38 Dutch shares closed weaker overall but well above the day's lows as dealers took advantage of an early slide prices to go bargain-hunting. Dealers said Amsterdam had been hit by sharp fails in London and Frankfurt following a half-point rise in UK rates. Most of the selling had
        247 words
      • Article
        Stockholm
        151 26 10.18 Swedish stocks closed higher as the krona rallied and an auction of new government bonds drew strong demand from investors. The OMX-30 Index closed 10.18 points higher at 1,126.6. Twenty stocks rose, five fell and five were unchanged. "The index is stronger because the krona is stronger." said
        151 words
      • Article
        London
        681 26 -10.5 EQUITIES finished a choppy session weaker but well above their lowest levels, as investors, at least temporarily, shrugged off yesterday's surprise 50 basis point UK base rate rise. "A rate hike was always a threat overhanging us. Now that the threat has been taken away, things have steadied
        681 words
      • Article
        Johannesburg
        320 26 -63 Shares ended lower across the board yesterday as initial losses in mining and gold shares spread to other counters amid a lack of fresh direction and limited buying support, dealers said. "We are still seeing a bit of a hangover from last week's early gains and then profit-taking
        320 words
      • Article
        Toronto
        275 26 -6.99 Stocks eased in quiet early action and dealers saw a subdued session as investors await results from yesterday's Quebec provincial election. "I think we're playing catch-up with New York on Friday," said one trader. "And to some extent it's because it's election day. If the election goes the
        275 words
      • Article
        New York
        742 26 -0.67 The Dow Jones Industrial Average was off 0.67 point at 3,874.14 at 11am EDT. It was ahead 2.02 shortly after the market opened. The NYSE Composite Index was off 0.21 to 258.17, while Standard Poors 500-stock Index was down 0.41 to 467.77. Declines topped advances 1,029-712 among
        742 words
    • Article, Illustration
      Lock icon HONGKONG
      3055 27 Bloomberg Business News HONGKONG Stocks fell on investor concern that the Federal Reserve may raise interest rates for a sixth time this year. The benchmark Hang Seng Index closed down 254.65 points, or 2.51 per cent, at 9,890.37. The broad All Ordinaries Index fell 113.99 to 4,964.69. Turnover was
      Bloomberg Business News; Source: Bridge Info  -  3,055 words
    • Article, Illustration
      Lock icon CHINA
      518 27 CLSA H SHARES continued Friday's downward trend. The index fell a further 50.94 points to 1,562.78 on turnover of HK.S3O7 million. Dongfang Electrical led the losers, retreating 9.3 per cent on turnover of HK523.86 million. In Shanghai. B shares rose 2.23 points to 937.50 on volume of US$5.2 million.
      CLSA  -  518 words
    • Article, Illustration
      Lock icon TOKYO
      2521 27 Reuter TOKYO Stocks shed most of their earlier gains on sporadic selling, but managed to finish slightly higher, ending a five-day losing streak. Buy orders at around Friday's closing levels by financial institutions helped to support the bottom. The Nikkei Average closed up 19.40 points at 19,917.28. The broader
      Reuter; Source: Bridge Info  -  2,521 words
    • Article, Illustration
      Lock icon BANGKOK
      1869 27 Reuter BANGKOK Stocks closed down on concerns about a possible interest rate rise and tomorrow's reopening of parliament to discuss the thorny issue of constitutional reform. Also, a sharp fall on Wail Street on Friday brought renewed fears that inflation has not been tamed, compounding investor concern. The SET
      Reuter; Source: Bridge Info  -  1,869 words
    • Article, Illustration
      Lock icon JAKARTA
      991 27 Reuter JAKARTA Share prices closed lower in quiet trading as local investors took profits on a range of stocks while foreign players stayed on the sidelines. "The index took a tumble today but overall, the market is still firm. Today saw plenty of profit-taking by locals while foreigners stayed
      Reuter; Source: Bridge Info  -  991 words
    • Article
      CLOB INTERNATIONAL
      2497 28 Mulpha Intl MX 5.279.000 Bcrjaya (.roup 4.877,000 Bega>a L Wt«N 4.522.000 Idns H\d 50c 4.083.000 Pcgi Msia 4.039.000 HLcong Prop 50c 3.888.000 Bhd 3.127.000 KL Industries 3.121 000 NBT 2.685.000 Scl Properties 2.627.000 Clanda Hldgs 2.537.000 Landmarks Bhd 2.368.000 Promct 2.315.000 MOST ACT!VI value (>1 NBT 17.406.340 Gulden
      2,497 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices fall as rate worry outweighs election talk
        5417 28 Bloomberg Business News KUALA LUMPUR Stocks fell as a result of investors' concern that US inflation will drive up interest rates there and elsewhere. Traders said this worry outweighed signs that the government may still call a general election this year, something
        Bloomberg Business News; Source: Bridge Info  -  5,417 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7266 29 WAIN BOARD Transaction date: Sep 12 lit Gr M mj Vol D«> Ij«I Quolv l>i» Di» YM N«t t M A*g High low Compmmy 000) High l*» By>er Seller S Or S P/E S«il Price INDUSTRIAL AND COMMERCIAL I4J« *)< m 9*5 +10 64 ,7 91(0 1 8!i 17 5
        7,266 words
      • Article, Illustration
        Lock icon Profit-taking sets in on fears over US inflation
        1862 30  -  By Paul Leo SINGAPORE Last week's theme, "sell Singapore, buy Malaysia", turned to "be cautious, take profit" yesterday. The change was reflected in the indices. The Straits Times Industrials index fell for the fourth consecutive session 19.57 points to 2,280.39, while the
        Charts by Bridge Info; Source: Bloomberg; Source Bloomberg  -  1,862 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      178 19 NEWS VALUE How today's news might affect your stocks S'pore stock exchange to energise trading of bonds (pg I) Getting more foreign equity listings is a better bet. Three Asean nations set up equities fund (pg I) Too small to have any impaet. YHS 'vision' raises doubt on future role
      178 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      219 20 1 Simple And Beyond Belief Amazmgly easy to use: Ascom Qtuiscf j is the first ever Intel 486 i presentation notebook i a *Stepl: computer that allows multimedia J sexs I**1** applications too! P-y 1 I 9 I ~~A I I Step 2: I MmHF i ßefnove the t>acki ,rofTi
      219 words
    • Advertisement
      Page 20 Advertisements Column 2
      237 20 ■SP, I f|pF in Health I e9Ks Care Management I The University of Wales, established in 1892 is second in size to the University of London. It is recognised today as the centre of excellence for the provision IB of a wide range of education, training and research. Its expertise
      237 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      230 21 Tat Lee Bank has a comprehensive range of services that includes Fixed Deposits, Asian Currency Unit and CPF *r- m /tZ"ZJ I—» DA Investment Schemes just to name a few. See a Tat Lee lUL J lAI Ltb D AIM lx Banker today or for more details. fata#' jL "We
      230 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      140 22 We can, however, assure you that the wait will be well worth it. Because come October, we'll be introducing an automobile of style and vision, for those with more than just a touch of both. To keep that important step ahead call us at 472 1666 to reserve your space.
      140 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      148 23 tBE# B'3tin! HMIiS <SI£K!A See LIFE! page 3 (Singaporeans Embark On Chongqing ProjectSingapore Businessmen move into Chongqing China) refer to The Straits Times, Wednesday, September 7, 1994. If you want to venture abroad like other Singaporeans especially to Sichuan Province, Chongqing ACT NOW! If you are anxious about being left
      148 words
    • Advertisement
      Page 23 Advertisements Column 2
      439 23 The Oxford Management Programme 16 27 Jsnudry 1995 Shangri-la Hotel, Singapore 2 For the first time in Singapore, the University of Oxford is presenting the Oxford Management Programme (OMP), an intensive two-week course AiL focusing on international business opportunities between Asia and Euf rope and international strategic alliances. Drawing on
      439 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      49 24 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daity newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1000-749-2577, and ask for home or office delivery service.
      49 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      217 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 Q PANAMA HONG KONG U.K.
      217 words
    • Advertisement
      Page 25 Advertisements Column 2
      33 25 •As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing Figures are carried instead. 1 f STRAIGHT TALK Vou to rrmi the hwi tofa»«Wptctutf tepMilUMn hnyd* BusincssTimes
      33 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      86 26 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers
      86 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      31 27 over 215 million cards honoured at over 12 million establishments, MasterCard puts the whole your hands. And it gives you easy access t0 at 380,000 bank worldwide. i i|Bi ■mummy bow
      31 words
Page thumbnail Page 28
  • Page 28 Advertisements
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      36 29 at over 12 million establishments,! t 3?! MasterCard puts the whole world in v fc* i your hands. And it gives yOu easy! access to cash at 380,000 bank! branches and ATMs 4Mb C ***** worldwide.
      36 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      202 30 mm j 5*)Il1» ?Sk^* VwV *V* pr'' Br SNSJvV .•'.v.*^*'v* v vflr fi •jooissv*,"o'viJ*..»v,»>»*L'.*. > *>y^ »w>»» -V<l>V« JPUSiHH jj: i. t^Jo6cvx.'. .>x».*».♦ v ,a< iac# J|/IPI > Sea/ your friendships, with corporate gifts from tftrruJt- Thanks Those Who Make It Possible We offer A lot of your business success
      202 words
    • Advertisement
      Page 30 Advertisements Column 2
      136 30 BUSINESS TIMES TOLL-FREE TEL. No. 1-BQO-741-1883 FAX:74I-1298 I I I NATSTEELLTO "TV A u_l I (Incorporated in the Republic of Singapore) Dear Aggie Hotline The following warrant certificate has been reported lost or destroyed:CERTIFICATE NO. IN THE NAME OF Nr WirrwtS Tam Cheng 3.968 NOTICE IS HEREBY GIVEN that if
      136 words
Page thumbnail Page 31
  • Shipping Times
    • Article
      Australia considers shrinking ANL to coastal operator
      435 31  -  From Peter Lynch in SYDNEY THE Australian government is weighing a proposal that the troubled flag carrier Australian National Line abandon its long-haul routes and switch to coastal shipping, sources say. ANL would then use medi-um-sized vessels to ferry cargo to ports like
      435 words
    • Article, Illustration
      Lock icon A catch worth 70 million francs
      81 31 AFP NOUMEA French naval officers help unload 10 tonnes of cannabis resin on Saturday on its arrival in Noumea from the French Chesterfield islands, situated some 600 km west of New Caledonia. The cannabis, of Pakistan origin, was found in a lagoon in the
      AFP  -  81 words
    • Article
      Lock icon Baltic Exchange finds new home
      271 31 Reuter LONDON The Baltic Exchange, the world's oldest shipping market, announced yesterday that it has found a new home two-and-a-half years after a bomb ripped through its historic site in the City of London. "Spring 1995 should see us in our new Exchange," said chairman
      Reuter  -  271 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      813 31 Page Col Accord Group 8 1-3 Ahlers Lines 13 5 Ahrenkiel Liner 4 1/2 •APL 5 3-5 •Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 •Bank Line, The 9
      813 words
    • Article
      Singapore to hold logistics conference
      223 31  -  By Ramesh Divyanathan SINGAPORE The republic's role as the region's logistics hub will be showcased here at an Asia-Pacific transport and logistics conference. Infrastructure projects in the region will also be studied at the event, which is expected to attract 300 industry people at the
      223 words
    • Article
      Lock icon Taiwan plans post-1997 crisis rules for ships and planes
      345 31 AFP TAIPEI Taiwan will bar ships and aircraft coming from Hongkong and Macau, when the territories revert to Chinese rule, if there is a national security crisis, a report said on Sunday. Taiwan's Mainland Affairs Council (MAC), which sets out the
      AFP  -  345 words
    • Article
      Lock icon Foreign ship operators deny bid to set up New Zealand coastal cartel
      401 31 AFP WELLINGTON New Zealand's Chamber of International Ship Operators denied yesterday it was trying to set up a cartel to win control of the soon to be deregulated coastal trade. The Seafarers Union revealed last week the chamber
      AFP  -  401 words
    • Article
      Daily Freights
      1018 32 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,486 on Friday from 1,480 on Sep 8. FIXTURES Tanker Trading continued at a brisk pace in the West Africa region, with very large crude carriers being fixed at steady levels, brokers said. Total paid a
      1,018 words
    • Article
      THE SHIPPING GUIDE
      13546 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. LEGO® PN: ship calls at Penang after
      13,546 words
    • Article
      SHIPPING AGENTS
      3343 45 A 1 JLBC Containerline NV: Belsin Shpg Agencies Pie Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Ptc Ltd (SyAccord Conir Line (PK/PN). Attris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Uaer Service: Kim Shpg A Trdg (S). Albatros Sett-Air Service: Frata Shpg
      3,343 words
    • Article
      COURIER SERVICES
      274 45 Abacus Couriers Tel: 545-8011. Fax: 545-1898 Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: 742-8975. City-Link international Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies A Services
      274 words
    • Article
      AIR FORWARDERS
      1514 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aeroliak Freight lateraational Tel: 545-8033. Fax: *****05. Td"542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666 Fax: *****74. *****50. Air Market Express
      1,514 words
    • Article
      PORT CONDITIONS
      2544 46 ALBANIA Duires: One vessel discharging bagged cement, 2 vessels awaiting berth in roads of which 1 to discharge gasoline, 1 to load fer-ro-chrome. ARGENTINA Santa Fe: No vessels berthed, none in roads. Diamante: One vessel berthed loading maize, no vessels in roads, no vessels due. San Lorenzo: Five
      2,544 words
    • Article
      CRUISE & FERRY SCHEDULES
      652 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No SEPTEMBER 13 13 Delfin Star 1100 2000 Port KJang Harpers Shipping 221-1388 13 13 Leisure World 1300 2015 Cruise to Nowhere New Century Tours Corp 227-8284 13 13 Langkapuri Star 1800
      652 words
    • Article
      SHIP SALES & TANKER RATES
      670 46 SHIP SALES TANKER RATES WE have seen very little signs of >o any serious slackening in the market during the normally quiet summer holiday season however with many people now returning to their offices it is noticeable that the pace is beginning to pick up further, with fresh tonnage lu
      670 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        582 47 Vewol Voy No Berth Arrival Departure V»wI Voy Wo Berth Arrival Departure Juroflg Port SnPuiut 16/9* P04 alongside Airota laya I 2 M/5 alongside 1309/1500 Tenter Tdr 6 401 P06 alongside 1309 1200 Bn to 7 6/6 atongs*Je 1309/1500 Wanuaku 13/94 P03 alongside 13 0m Sempurna 19/94
        582 words
      • Article
        CONTAINER SCHEDULES
        1265 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From to ltoe 035A 13/1400 1A 12/1500 12.1659 12/1900 to S«an 135* 14/1500 1* 12/1500 12/1659 12/1900 3 13/0700 13/1159 13/1400 4
        1,265 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        593 47 Carbon Carton Sop t Density Mater Read* Art Nwrtun Sortnont Omaky Wator lUrtte Art Aknttm Sertmnt Luon KG/M*3 V/V X M M M/M PPM method KG/M*3 V/V M/M M/M PPM method Eastom USA 180 Ave 983 0.3 13.8 0.09 11 0.02 BO/Canac limits Spec £25 991
        593 words
      • Article
        COCKETT BUNKER MARKET REPORT
        854 47 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        854 words
    • Article, Illustration
      Lock icon Transpacific surcharges face FMC probe
      952 48  -  The US Federal Maritime Commission is investigating whether Anera and the Japan conferences have unfairly increased their fuel and currency surcharges. Tony Beargie reports Tony Beargie American Shipper Surcharges by transpacific conferences, long a sore point with shippers, are being investigated by the Federal Maritime
      American Shipper  -  952 words
    • Article
      TRANSPORT DIARY
      286 48 COURSES Title: International Freight Forwarding I (SDF 70%) Duration: Sep 15 Nov 24 (11 evenings) Organiser Singapore Freight Forwarders Association Tel: For more information contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: lATA-FIATA Basic Air Cargo Rating Duration: Sep 19-24 Organiser International Air Transport Association Tel: For
      286 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Virgin hopes to be allowed to fly over Chinese airspace
        430 50 Bloomberg Business News HONGKONG British airline Virgin Atlantic Airways says it is hopeful Beijing will soon agree to allow it to use Chinese airspace for its Hong-kong-London services. Virgin, which launched direct flights between London and Hongkong in February in
        Bloomberg Business News  -  430 words
      • Article, Illustration
        Lock icon Retracing history
        63 50 Reuter LONDON Pilots Lane Kidby and Peter McMillan prepare to take off in a replica 1919 bomber at the beginning of an attempt to retrace the first flight from England to Australia on Saturday. The bi plane will follow the course set 75 years ago by Australian brothers
        Reuter  -  63 words
      • Article
        Lock icon PAL must trim bloated workforce: report
        260 50 AFP MANILA Philippine Airlines Inc (PAL) must cut its bloated workforce, starting with the retirement of 5,000 people, to cut losses, a local daily, quoting a confidential report, said here yesterday. Meanwhile, the head of the country's aviation board defended recent decisions to allow
        AFP  -  260 words
      • Article, Illustration
        UPS offering money-back guarantee
        193 50  -  By Rahita Elias SINGAPORE US-based air express firm United Parcel Service (UPS) has launched a money-back guarantee for express service customers. From Sep 5, the company has been giving a cash refund or credit if shipments are not delivered on time. The guarantee, which applies to
        193 words
      • LOGBOOK
        • Article
          Lock icon McDonnell gets order from airline
          141 50 Bloomberg Business News LONG Beach. California McDonnell Douglas Corp said last week AOM French Airlines ordered four MD-80 twin jets to be delivered in the next few months. AOM is buying the long-range MD-83 model, which will seat up to 165 people and can fly
          Bloomberg Business News  -  141 words
        • Article
          Lock icon BA sees new US-UK talks
          99 50 Reuter ATLANTA British Airways pic chairman Colin Marshall said he expects Britain and the US to resume formal talks on bilateral open skies policies by the end of October. "I wouldn't expect any fast conclusion to a reopening of the discussion because very little has
          Reuter  -  99 words
        • Article
          Lock icon Sea-Land, P&O in Russian venture
          79 50 Reuter MOSCOW International shipping companies Sea-Land and Peninsular and Oriental Steam Navigation Co (P&O) have set up a joint venture to operate a terminal at the port of Vostochny in the Russian far east. The Russian partner is the port itself, some 100 km east
          Reuter  -  79 words
        • Article
          Lock icon Vietnam needs infrastructural aid
          124 50 Reuter HANOI Vietnam needs about US$3.4 billion (Sss.l billion), mostly from foreign sources, to upgrade highways and ports over the next decade, the Vietnam News Agency (VNA) reported yesterday. Quoting sources in the Ministry of Transport and Communications, it said most of the investment is expected
          Reuter  -  124 words
      • Article
        Lock icon Hawaiian Air emerges from storm clouds
        495 50 Airline ready for new life out of bankruptcy Bloomberg Business News HONOLULU Hawaiian Airlines Inc is emerging from bankruptcy court protection with a solid capital structure and a strong outlook for expansion, its chief executive said yesterday. "The company has significantly improved over the
        Bloomberg Business News  -  495 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1686 50 at| nwt 5™. MM DMW GA892 0255 GA882 1940 n iTr*"*- Qfil i925 Qf82 2055 SQ228 2120 MnMMI KL837 1450 KL844 0035 GA893 1510 GA892 0255 KL838 2300 SQ26 2355 Mm* SQ348 2250 Auckland N273 1550 SQ288 2045 SQ286 2040 NZ74 2340 Balrata GF148 0905 ■atrpann
        1,686 words
      • Article
        Lock icon US carmakers step up opposition to low polluting vehicles
        338 50 AP WASHINGTON The Big Three carmakers have increased their opposition to a plan by state environmental regulators that would require the sale of low-polluting vehicles in the 12 north-eastern states and the District of Colombia. The so-called lower emissions vehicle (LEV)
        AP  -  338 words
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      14 31 (WESTFALIA SEPARATOR J Always on Course FOR SERVICE AND SPARE PARTS SUPPLY, PLEASE CALL
      14 words
    • Advertisement
      Page 31 Advertisements Column 2
      26 31 Line* and services represented by Members ol the Registry ol Accredited (sB0K) Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping rimes re/ 740-2089/740-2090
      26 words
    • Advertisement
      Page 31 Advertisements Column 3
      57 31 J2+7M+RT M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALL: *****00 Transpacific surcharges face probe by Federal Maritime Commission, Page 18 Virgin hopes to be allowed to fly over Chinese airspace, Back Page \CwJji EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Singapore
      57 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      2074 32 jmpobt™. import.... [NORTH AMERICA I I OTHER DESTINATIONS I HOfTH AMtWQA 1 1 mflM i I i I »«*w« c w «W»i WWCT WW WW cowl) 1 KJSa WW STORE U OM W H KjUPM CMC W MHCO QTY VESSEL STQM BUMPS AMS MOWWtO BO« MMRO SANTOS PAUBBA PARANAfIIA *ESSEL/*OY
      2,074 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      1914 33 a OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES FAX 03-*****42 CFS' 03-75<S 534 2 c t" T B OM p lET issT M«M M DOCUMENTATION TEL: *****55 <INWARDV3aX>39O (OUTWARD) tIl *****12 FAX: *****14 (OPNS) CUSTOMER SERVICE TEL: ***** x)HO« BAHRU TEL 02-07-*****70 FAX: 02-07-*****99 KEPPEL DISTRIPARK BLK 513 #01-128 I
      1,914 words
    • Advertisement
      Page 33 Advertisements Column 2
      1776 33 mamsnassm VALUE-FOR-MONEY CALL US TODAY VMaal voy ETA ETO Feedwed by Si Z" It" °Tt7 destinations N»t m* marie maersk vMcs T cv ?o/t» oaoo mrs CFS 19/09 2368 MRS XX LPK PEN OAK LG6 SfO MEM ATL MIA CMS BAL PHL NYC TOR MARIE MAERSK *****20/*****/09 loioT '7/09 16/09
      1,776 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      1595 34 AOABA R'DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H'BURG A WERP HAVRE WEST MALAYSIA KIRISHIMA 06/136 14/9 01/10 04/10 02/ '0 Port Kelang. Penang DRESDEN EXPRESS 18/336 17/9 26/9 03/10 05/10 06/10 10/10 12/10 Pasir Gudang FRANKFURT EXPRESS 75/137 22/9 06/10 11/10 09/10 EAST
      1,595 words
    • Advertisement
      Page 34 Advertisements Column 2
      649 34 CZ3ZIQ@9 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharun) C.1.5./RUSSIA: Mtochny, Vladivostok, Moocow, I Baku, Ta«hh«nt, Irkutok, Alma Ata. Athgabad. Dushanbe. Kim N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEBT AFRICA VESSEL SIN DKR Bunga Pelangi V.2324 20/9 20/10 Ned Asia
      649 words
    • Advertisement
      Page 34 Advertisements Column 3
      1289 34 I NOR/VSIA VsTvOY^^^^^SIJIALG^BCIVALHAMBB^RO^AN^FE^LHn NOR ASIA AL MANSOORAH 9436-; 16/09 05/10 09/10 10/10 13/10 14/10 U/10 12/10 10/10 15/10 I SI ntOE 437 M 19/09 06/10 10/10 U/10 09/10 10/10 10/10 U/10 11/10 13/10 I NOR ASIA HONGKONG 9431 3 26/09 13/10 17/10 U/10 16/10 17/10 17/10 IS/10 U/10 20/10 I
      1,289 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      1262 35 Wi STRAITS SHIPPING PTE LTD HEfigf 10 Hoc Chiang Road #11-01 Koppol Towers Singapore 0208 Tel: *****88 Fax: *****17 nbw quinia pacific linb i (A service OF CHINA NAVIGATION CO) CARGO WJt SAILS C.J. NUOA ■30 »02t HU.J, lab. RK 13 S«p 14 S*p FCL tCL CONTAINCR ANO MEAKMJLK SERVICE
      1,262 words
    • Advertisement
      Page 35 Advertisements Column 2
      2819 35 P&jQ PA Containers (Singapore Agencies) Pte Ltd m m 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE P iJj**™ ***** PNOCSP Fax: 225 5327 222 7517 CR Number: *****9 *****Z i 1 EXPORT IMPORT fHS VOV -w«0 mo MN I SOU Am ROT NAM OOT
      2,819 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      571 36 W GENERAL AGENT C R. MO: *****81-***** i||k EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE !hO cm MIWM CITY I PAQgR I hAHPPWOHK/P«CTZI j HENHT MOt I ai«n«4 |n7M2t/M4HM KELVIH CHAW I IHS42S KSVU, J -SIUAIIWtt I ItMBI ImBW/MMHa I I TO VIETNAM/HCMC CONTAINiM-PIEDER
      571 words
    • Advertisement
      Page 36 Advertisements Column 2
      964 36 HANJIN SHIPPING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 _^2£isS!r»!iL*Pii™mWT»MTnia3« Ct» U.. >, nl mm SM lUNI HAUL SA» IN RTC suw*.™ fluiScr ssssl'm ss issr wsssss HAIUN VANCOUVER OIK 23/9 OMECT 13/10 IS/10 16/10 HAJUJ MKM 10JI 24/9 01K OJ/U M/u n 35&% IX, SSE! SIS lls E€
      964 words
    • Advertisement
      Page 36 Advertisements Column 3
      19 36 IBN AL ROOMI OC-191 2S SEP To Busnavwtwa/BananMU/Sanla *arta/Cartaf«na/ Santo Oomßfo Pto Quetzal/ Acajutta/San lor«uo/Corin»o/Pto CaMcra/La Guaira Puerto Cabeto/Cmlobal/Bafcoa
      19 words
    • Advertisement
      Page 36 Advertisements Column 4
      1297 36 fi~l 'In a M H 1 Im mt uc «c nc fw hi oa ki w no uu ik ryc lnv mm m or m rso cm no. t. GENTLE MOM 10/0 21/1 »<» 21, J JO/0 J/10 «/l« Vl* t/lt 7/10 1/10 10/10 1/11 3/U 4/11 14/11 IS/11 11/11
      1,297 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      2011 37 II I sex: 'CALIFORNIA LUNA 68E' eta sgp 14/09/94 II H I ARRIVING LOS ANGELES 01/10/94 IN 19 DAYS II Q»«w(/lar I aex: 'NEPTUNE AVENTURINE 05E' ETA SGP 14/09/94 II ■I ARRIVING NEW YORK 08/10/94 IN 23 DAYS VtlSgL VOY LOS OAK VAN 9*Y C '</< "I, I ILL <LB
      2,011 words
    • Advertisement
      Page 37 Advertisements Column 2
      952 37 A I MULTILINE SHIPPING PTE LTD ■V (a member of SWSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
      952 words
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      1338 38 44 AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (C* NO: 1244J*****0M/6ST R£G NO: M 2-*****99-6) K* J?* TEL *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W W IkT Ml* MALAYSIA: "R" LINE MARTPME (MALAYSIA) SON IHO WKm TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 INDONESIA: P.T. SAHARA
      1,338 words
    • Advertisement
      Page 38 Advertisements Column 2
      701 38 @^^APPENSHI^^r HAMBURG 17V CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS loading ports discharge loaowg for C A MUM AN PDMCISI VENTSPILS 06/06 HAM 09/08 ANTW 13/06 P. OUOANQ 13/08 SPOfIE 16/09 QOSPIC RIGA 16/06 KLAIPEDA 24/06 HAM 26/06 SPORE 27/09 BKK 02/10 TIN VENTSPILS
      701 words
    • Advertisement
      Page 38 Advertisements Column 3
      551 38 GOLDEN LINE A IKGkV guan guan shpping (PTE) LTD 23. T<M kj* SkMt SHUrat IIM IE U43W (II IKS) Fu ***** M (01 to. IIIZKSMMW) OTKAITB/PKRBIAM OPLF IMTICT S'pwe P. Kelang Pefcng GOIKN KM Karachi Dubai Kuwait It/II S«p< GOIDEN STA* Karachi/Dubai/Kuwait 2/4 Oct china mnci 7 TAN QMG Huangpv
      551 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      850 39 *****1111 PACIFIC INTERNATIONAL LINES (PTE) LTD mSSSESI 140 Cecil Street, #03-00 PIL Building, Singapore 0106. SSSSSS B wMmEM CR NO: **********06 ■j£ VESSEL VOY SIN CMB JIB MOO JED AOJ ADE PZU ASA MSW I 1 KOTA BCRLIAN BRL2IP 20/9 25/8 1/10 3/10 0/10 7/10 5/10 10/10 10/10 KOTA BERKAT
      850 words
    • Advertisement
      Page 39 Advertisements Column 2
      970 39 [*aui —wt sw I HAm hambuwg thaws ootiupam *nim*r VtL£ OC in* 105* 14/00 00/10 00/10 08/18 10/10 12/10 M.U OC CMM COSW 20/00 l£/lf| U/i0 ym oi SAGITTA SOSW 27/09 H/H 22/10 2i/10 25/1° Mil 0 A QUI A AOSM 20/10 21/10 20/10 30/10 01/11 •ALSO ACCEPTMG CARGO TO
      970 words
    • Advertisement
      Page 39 Advertisements Column 3
      555 39 bsai MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf HP* AN V2O4W 09/10 S*p SM MYOMAYWA VIS3W 11/13 Sap 15/17 S«f> SITTWE V64W 2C/27 Sep MALAYSIA AGENTS BOUSTEAD SHKMNG AGENCES Ml: 111 03-*****00 PKL TU 03 3MC767 PEN TEL 04 *****% PCD TEL
      555 words
Page thumbnail Page 40
Page thumbnail Page 41
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      1871 42 Cf kksun em M BS WHKLvi^^ I EVERY FRIDAY FEH,^H^F tro &85SS8S %%££%S»4VU4 SSL?&-»L«»S«W -Mr «0571S oSTSSL} TthSc ***** COSHIP CmlSj/*****50 0/0; *****85 Cmnatimtal: *****4* SSSSiW &,VSST~" &3S& .^sjc-^,^575. CST WO: M 2 *****0S X Fax *SSL YCM MP c gfc r CMS *SSEI WHS SGP MG SW IRI DM
      1,871 words
    • Advertisement
      Page 42 Advertisements Column 2
      1390 42 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PHI PEN OH SW HUG MO TAI KEE *06 OS* WO I BUS WAN HM 216/NOO/ 10 09 II 09 13,09 1313/09 18/09 20/09 22/09 24 09 l/S na UO 2//09 78/09 30 09 01/10 WAN HAI 206 MOM ITo9 i6~09 11-17,09 21 09 22
      1,390 words
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Page 43 Advertisements Column 1
      698 43 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 19/9 ROTTERDAM 19/9 AARHUS/COPENHAGEN 19/9 HAMBURG/BREMEN 19/9 MARSEILLE/FRANCE 20/9 FELIXSTOWE/UK 19/9 BARCELONA/SPAIN 19/9 LEHAVRE/FRANCE 20/9 GENOA/ITALY 19/9 ANTWERP/BELGIUM 19/9 LOS ANGELES/WC/IPI 16/9 SYDNEY/MELBOURNE 16/9 NEW YORK/EC 16/9 FREMANTLE/ ADELAIDE 18/9 VANCOUVER
      698 words
    • Advertisement
      Page 43 Advertisements Column 2
      977 43 1 ZTJUT ~T~ TT IT,? 1 iZ« .X' 0Y 7 T I imm TmTnMiiii m D€JA BHUM ST 1./. S.t 17/. IlN_ Tw |In PL Fri 18/8 BHATWA BHUM 478 tat 17/8_ _20/8_ B TERATAI TCROO3 ~iuT ~S7T MX Tmi IbH Fri 18/9 VIWA BHUM 1008 Sun 18/9 Fri 23/9
      977 words
    • Advertisement
      Page 43 Advertisements Column 3
      216 43 Qmarant—d Sailing* to:BAHSKOK/lACM CHABANC/LAOs] 20/9 (III). 17/9 (SAT) TOUT KELANG/PERANG 15/9 (THU), 11/9 (FW) HONG KONG 20/9 (TIE). 16/9 (FW) XUUWTA 17/9 (SOT) MAItU CfBU SUBIC—T 19/9 (MON) HO CH MM 11/9 (FW) MABATA 11/9 (SUN) BUSAN 11/9 (SUN) V D DONGNAMA LINE I CONTAINtWtD SERVICE STRAITS/BLW/INC/SSN VESSEL (MSS) SfiP
      216 words
    • Advertisement
      Page 43 Advertisements Column 4
      620 43 TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E ETHIOPIAN SHIPPING LIMES JpS?|sBSf f;\:. (NWcinal Ums of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Veeael Voy Loading For Abbay Worn 41WB 07/11 Mombasa. Djibouti Agate. Massawa Abbay Woni 42W8 15/12 Mombasa. Dpboutl Aasab Massawa H KIIN
      620 words
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      1474 44 SAK!WTA surabav^ot'»?«O ASIA HKG/TWN/BKKj GENOA/EUROPE PEN PKL SIN 5 SAH.MGS/WEEK PEN PK SIN 13/9 14/9 15/9 HKG/BKK/KEE/KHH Gonoa/Barcolona/Mamjfcs 2/9 3/9 4/9 15/9 16/9 17/9 HKG/BKK/KEE/KHH G'burf/Chafon/S hohn/Oslo 3/9 4/9 5/9 17/9 18/9 19/9 HK6/BKK/KEE/KHH l#j lt/9 hongkono/banokok/pusan JPN/KOREfI/MflNlLfl I PORT KELANG/PENANG/P. GUDANG Mania/Cebu 14/9 15/9 16/9 KEELUNG/KAOHSIUNG Tokyo/Kobo/Osa/Yoko 16/9 17/9
      1,474 words
    • Advertisement
      Page 44 Advertisements Column 2
      190 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD CIA ETA f* SPOtt POUT KCLANC KMNC BUft IW 21/) loadmg tw kUk SUVA! HUOHU 25/1 lending k* Dub* DOLTHN 11/9 l«/» loadmf for MA nowu sum* 24 9 loading Fot MUte UMCHW 14/9 loading Foe M* pmchss mm sAieo n port
      190 words
    • Advertisement
      Page 44 Advertisements Column 3
      891 44 fJL THONG SOON LINES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I V/ Vy TEL: 227-50 M FAX: 227-6011 I I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I 4 rwOMf moo* CCWMA' SINGAPORE TO SARAWAK S|NQ JpORE TCTTHA?LAND tSSEL VOT S'POtE PEST VESSEL
      891 words
Page thumbnail Page 45
Page thumbnail Page 46
Page thumbnail Page 47
Page thumbnail Page 48
  • Page 48 Advertisements
    • Advertisement
      Page 48 Advertisements Column 1
      417 48 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N ;z=^=^=z=====: STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANG/SINGAPORE VESSEL I VOY SIN PKL VESSEL VOY SW PEN XQUR lAYA *****N 13/9/94 (TUE) 15/9/94 (THU) MCC CONVEYOR 9443 14/9/94 (WED) 16/9/94 (FRI) MCC CONVEYOR 9443 14/9/94 (WED) 15/9/94 (THU) XQUR
      417 words
  • Page 48 Miscellaneous
    • Miscellaneous
      Page 48 Miscellaneous Column 1
      555 48 TODAY'S TIDES (Iwfrit in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0600 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1)00 2000 2100 2200 2300 0.7 1.0 1.5 1.1 2.0 2.1 2.0 1.7 1.5 1.3 1.2 1.2 1.3 1.6 2.1 2.4 2.6 2.6 2.4 2.1
      555 words
Page thumbnail Page 49
  • Page 49 Advertisements
    • Advertisement
      Page 49 Advertisements Column 1
      894 49 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 rpK£» PGO* VESSELS VOY S*N RTM ANT* LEW HAM BHE| FEL "14/09 16/09 17/09" SI. MARINER 312W~ 19/09 07/10 09/10 10/10 09/10 09/10 11/10 21/09 23/09 24/09 H. INNOVATOR 311W 26/09 14/10 16/10 15/10 16/10 16/10 IS/10 28/09
      894 words
    • Advertisement
      Page 49 Advertisements Column 2
      571 49 STRAITS/ JAPAN/ STRAITS SERVICE I P SPECIALIST IN RO-RO HEAVY LIFTS 111 IMBOUMP VESSELS I VESSEL VOT ST PK KUC RK MUA KT I OMENT LIT 2 15/1 17/1 I SEKI AREBH 17 14/9 I KEISHUN 32 IC/9 11/1 I SOMAI 21 19/9 21/9 I ROUSHUN *3 25/1 25/9 29/9
      571 words
    • Advertisement
      Page 49 Advertisements Column 3
      1065 49 VESSEL 1 VOY 1 SIN ETA/D LAX I OAK CM PAL MEM/COl IHOU NYC NOB ALLIGATOR TRIUMPH 57* 15/09 02/10 04/10 05/10 06/10 06/10 07/10 07/10 M/ 10 GEORGE WASHNCTON BfilOCt 81A 22/09 09/10 11/10 12/10 13/10 13/10 14/10 14/10 15/10 ALLIGATOR PRPE 54A 29/ M 16/10 11/10 19/10 20/10
      1,065 words
Page thumbnail Page 50
  • Page 50 Advertisements
    • Advertisement
      Page 50 Advertisements Column 1
      67 50 I ANALYSIS I Tomorrow in Business Times Ulullla > IV. "SANG THAI MIRACLE" VOY.4 Arrived sth September 1994 Consignees of all damaged cargoes ex the captioned vessel are hereby notified that a general survey will be held on the 14th September 1994 0900 -1200 hours at PT4. No further nirvey
      67 words
    • Advertisement
      Page 50 Advertisements Column 2
      5 50 |ANALYSIS Tomorrow in Business Times
      5 words