The Business Times, 16 September 1994

Microfilm: NL19581
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 010/12/93 Friday September 16 1994 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon Dow up 22.88 points
      105 1 Reuter NEW YORK Blue-chip stocks extended their winning streak into a third session yesterday, as investors were given another reason to put fears of inflation and higher interest rates on the back burner. At Ipm EDT, in the broader market, advancing issues led declines 2-1 on
      Reuter  -  105 words
  • Article
    MARKET SUMMARY
    161 1 Stock market indices Thursday Change STll 2,280.84 -17.47 KLSE Comp 1,176.06 +2.22 Nikkei closed Hang Seng 9,862.64 +16.24 SET Index 1,534.04 -2.10 Jakarta Comp 522.03 +1.72 CLSA China B ...1,226.07 -2.55 Aust All Ord 2,050.8 +0.3 FTSE 100 3,097.6 +17.8 Thursday Previous 2pm close Dow Jones 3,918.21 3,895.33
    161 words
  • Article
    S'pore stocks shed 17 pts
    69 1 SINGAPORE Stock market trading around the region was largely uneventful yesterday, with all markets ending little changed. In Singapore, however, losses in key component stocks Cycle and Carriage and Keppel helped drag the Straits Times Industrials Index 17.47 points lower to 2,280.84. Dealers here are
    69 words
  • Article
    S'pore-Suzhou project gets greater powers on investment
    553 1  -  From Teh Hooi Ling in WUXI THE Singapore-Suzhou Industrial Township project has achieved a major breakthrough, with the township authority given investment powers exceeding those of even provincial governments. Singapore's Minister for Trade and Industry, Yeo Cheow Tong, said yesterday the municipal government
    553 words
  • Article, Illustration
    IBM to set up US$100m disk drive plant in S'pore
    543 1  -  By Claire Leow SINGAPORE IBM, the world's largest computer company, is to set up a US$lOO million (SSI4B million) plant in Singapore to make disk drives the devices used in computers to store information. A senior IBM executive here told
    543 words
  • Article
    S'pore govt keen on stake in Thai transit system
    515 1  -  From Loh Hui Yin in BANGKOK THE Singapore government has expressed interest in taking a small stake in a controversial mass rapid transit system to be built in Bangkok. Officials from the Government of Singapore Investment Corporation (GIC), have held preliminary
    515 words
  • Article, Illustration
    Lock icon Canada to deport Ronald Li
    146 1 Reuter TORONTO Ronald Li, the disgraced former head of the Hongkong stock exchange, has been ordered deported from Canada, it was reported yesterday. The billionaire businessman was ordered to leave because of his convictions on bribery charges in Hongkong, immigration adjudicator David Benning ruled on
    Reuter  -  146 words
  • Article
    GLC staff to get cash, shares under new listing scheme
    257 1 SINGAPORE In a new scheme introduced by the Finance Ministry staff of govem-ment-linked companies will get cash payments and preferential shares when their companies are listed on the stock exchange. All staff of GLCs and their regulatory bodies will be
    257 words
  • Article
    Lock icon US July business inventories up 0.3pc
    361 1 AP Reuter WASHINGTON US business inventories rose 0.3 per cent in July, the fourth straight increase but the smallest gain since they declined in March, the government said yesterday. The Commerce Department said inventories totalled a seasonally adjusted U*****.5 billion (551,328 billion), up from
    AP; Reuter  -  361 words
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      93 1 @[^\';-;\>*]]:!}!'_:-}+>['<^.+< sJpwe News 2 Sff 5 21.22,3 Regional News 3.4.6 Financial 25.26 World News 7,8 Featam Markets Analysis 19 CWKISE, SES 29-32 Editorial 18 Regional 27 Sports 9 World 28 TV/Lrfestyle 13 Currencies .25 *«Kertsing 15.17 Simo/Commo .26,14 Subscription Tel 1800-*****77 Fax *****75 BT N«wsdesk Tel *****18 Fa> *****71 8
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      19 1 Advertising: Pg 16 KFC looks for new flavour Kumar brothers clinch hot property with heart-stopping $7m bid, Pg 2
      19 words
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      11 1 Hock Lock Siew: pg 21 YHS returns to an older tradit/<
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      66 1 Bottdf&Line: Pg 20 'indici and the media n v dcpuis 1921 n Sr SledgerS made in France O Petite 102-36, Certrepomt *****6*) Takashimaya Dept. Store Gatefies Lafayette Singapore and selected retail outlets W m 7 'r < *V V-v 'fr' 0 Ermenegiklo Zegna •Mint |MI l| A Clly J* l
      66 words
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      10 1 Wuxi industrial park signs up four more tenants, Pg 21
      10 words
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  • SINGAPORE NEWS
    • Eye on the Economy
      • Article, Illustration
        Lock icon Retained imports show pick-up
        344 2  -  By Genevieve Cua RETAINED IMPORTS, which measure demand for imported goods, grew 7.5 per cent in July, boosted by a 13.6 per cent rise in shipments of machinery and transport equipment. Retained imports imports less re-exports are widely read as an indicator of confidence in the
        Source: Dept of Statistics  -  344 words
    • Article
      Infra-red standards set scene for boom in data transfer
      245 2 DEVELOPMENT of products employing infra-red technology in data communications will be easier, thanks to standards developed by an international panel, a conference heard yesterday. Mark Kriss, a technical marketing manager for computer giant Hewlett-Packard, said standards set by the Infrared Data
      245 words
    • Article
      EDB raises interest rates on new loans for small businesses
      383 2  -  By Quak Hiang Whai INTEREST rates on new loans for small businesses under the Economic Development Board's special financing schemes will go up from today. The EDB said yesterday the interest on loans under the Local Enterprise Finance Scheme and
      383 words
    • Article, Illustration
      Kumar brothers clinch hot property with heart-stopping $7m bid
      434 2  -  By A J Leow FLAMBOYANT brothers Raj and Asok Kumar, who own the property investment firm, Royal Brothers Pte Ltd, walked away with a top bid of $7 million for a Balmoral Crescent bungalow at a public auction yesterday. Their winning
      434 words
    • Article, Illustration
      Marriott Hotel expects 80pc occupancy
      386 2 SINGAPORE The Singapore Marriott Hotel, scheduled to open in mid-January 1995, expects 80 per cent occupancy in its first year. The 374-room Orchard Road hotel formerly the Dynasty will be pitched mainly at a business clients. It will charge a flat 5330 for a standard
      386 words
    • Article
      Corrections & clarifications
      98 2 Corrections clarifications IN our report yesterday, "NTUC staff can use Medisave to pay health scheme premiums", we said that NTUC and NTUC Income staff were eligible to use Medisave to pay premiums under NTUC Income's Medical Healthcare System (MHS). It has been clarified that the use of Medisave to pay
      98 words
    • Article, Illustration
      Hasbro expects Asia to be big money-spinner
      340 2  -  By Abdul Hadhi AMERICAN toy-making giant Hasbro, which posted sales of U552.75 billion (554.12 billion) last year, expects a third of its revenue to come from Asia within the next 10 years. The company's regional director, Andrew Wetton. said yesterday the push into
      340 words
    • Article
      Singapore's overall risk rating slightly higher this quarter, says Perc
      352 2 AFTER falling for several quarters, Singapore's overall risk rating has risen marginally. Political and Economic Risk Consultancy (Perc) says in its latest analysis. The overall risk grade this quarter is 0.3295 point, compared to 0.3222 point during the second quarter.
      352 words
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  • SOUTH-EAST ASIA
    • Article
      Eight Thai state firms to get debt ratings in pioneer project
      429 3  -  From Alan Boyd in BANGKOK EIGHT of Thailand's largest state enterprises will be given debt ratings to improve their access to funding and prepare the way for eventual privatisation, said Vuthiphong Priebjrivat, managing director of Thailand Rating and Information
      429 words
    • Article
      Lock icon Mastermind of Viet economy to study Chinese market reforms
      209 3 AFP HANOI Vietnam will next week send the mastermind of its economic reforms to China to see how the communist giant is coping with the dismantling of state control, a foreign ministry spokesman said yesterday. Deputy Prime Minister Phan Van Khai
      AFP  -  209 words
    • Article, Illustration
      Lock icon Rifle range
      60 3 Reuter JAKARTA An Indonesian street salesman testing an air rifle before making a sale in Jakarta yesterday. Such rifles, costing about US$35 (Sss3), are sold mainly for hunting in the tropical archipelago with some of the world's largest rain forests. Indonesia tightly controls sales of conventional rifles and
      Reuter  -  60 words
    • Article
      Indon airports in bad shape, passengers at risk: Garuda chief
      421 3 JAKARTA An airline executive warned yesterday that most airports in Indonesia lacked adequate facilities, possibly putting airliners, and passengers, in peril. The Jakarta Post quoted the president of the national air carrier Garuda Indonesia, Wage Mulyono, as telling Commission V
      421 words
    • NOTE BOOK
      • Article
        Lock icon Suharto urges competition
        75 3 AFP JAKARTA Indonesian President Suharto yesterday warned that the protection enjoyed by some of the country's enterprises would not last indefinitely and that firms should strive to boost their competitiveness. "The protection accorded to protect certain sectors during the early phases of our national development will of
        AFP  -  75 words
      • Article
        Lock icon Phnom Penh sets casino deadline
        74 3 Reuter PHNOM PENH The Cambodian government has set Nov 21 as the deadline for tender submissions for the construction of a "foreigners only" casino off the southern coast. The Cambodian Ministry of Tourism has promoted the project as "perhaps the greatest development opportunity in booming
        Reuter  -  74 words
      • Article
        Lock icon Inflation up 3.3pc in M'sia
        65 3 Bernama KUALA LUMPUR Malaysia's annual inflation rate, measured by the consumer price index, rose 3.3 per cent in August from 2.9 per cent in the preceeding month. The statistics department yesterday said the 3.3 per cent growth came chiefly from increases in prices of food,
        Bernama  -  65 words
      • Article
        Lock icon Thai port chief steps down
        120 3 AFP BANGKOK The director-general of the powerful Port Authority of Thailand (PAT) has stepped down from office amid allegations of corruption and demands that his job go to a civilian. Tfce Bangkok Post yesterday said Somnuk Debhavan, a former navy officer, was expected to be
        AFP  -  120 words
    • Article
      Lock icon Philippine anti-VAT groups launch repeal campaign
      151 3 AP MANILA Opponents of an expanded value added tax launched a campaign yesterday to repeal the measure through an unprecedented petition and referendum drive. Opponents said the tax is unfair to the poor. The controversial law was approved by President Fidel Ramos in May
      AP  -  151 words
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      72 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Taiwan forex reserves hit record level
        78 4 AFP TAIPEI Taiwan held a record U5590.39 billion (Ssl36 billion) in foreign exchange reserves at the end of July, the Central Bank of China said yesterday. The figure, showing a US$25O million growth over the previous month, was the world's second highest after Japan,
        AFP  -  78 words
      • Article
        Lock icon Beijing is top HK investor: report
        95 4 Knight-Ridder HONGKONG China has invested US$2O billion (Ss3o billion) in Hongkong, outstripping the US and Japan, the official Xinhua News Agency said late on Wednesday. However, the article did not say how the investment was measured. Diplomatic sources said that the figure probably included
        Knight-Ridder  -  95 words
      • Article
        Lock icon Taiwan's deficit with Europe surges
        103 4 UPI TAIPEI Taiwan's trade deficit with Europe has increased nearly threefold over last year to a record US$2.ll billion (553.2 billion) in the first eight months of the year, trade officials announced yesterday. Increased imports from European countries was mainly the result of the island's
        UPI  -  103 words
      • Article
        Lock icon China plans SEZ at Three Gorges
        105 4 AP BEIJING Hoping to bring some of the prosperity of its coastal areas further inland, the government has announced plans to set up a special economic zone to promote foreign investment at its Three Gorges dam project. The official Guangming Daily said yesterday that
        AP  -  105 words
    • Article, Illustration
      Lock icon China's businessmen bikers
      49 4 AFP GUANGZHOU A member of a biker gang roaring through the streets of Guangzhou in the early hours of recently. The gang of 12 bikers, who are businessmen by day, all own souped-up Honda Rebel motorbikes that have been smuggled into the country from Japan. AFP
      AFP  -  49 words
    • Article
      Lock icon Beijing praises outcome of world population conference
      258 4 AFP BEIJING China yesterday praised the just-ended international population conference in Cairo as an "event of major significance", pledging to cooperate with international family planning efforts. The International Conference on Population and Development, which closed on Tuesday, was an "event of major significance
      AFP  -  258 words
    • Article
      Lock icon Beijing losing billions of yuan in undisclosed property deals: report
      363 4 Bloomberg Business News AFP BEIJING China's property market is characterised by disorderly, illegal and arbitrarilypriced land transactions, costing the state as much as 20 billion yuan (553.46 billion) annually in lost revenue, the official Economic Information Daily reported yesterday. The
      Bloomberg Business News; AFP  -  363 words
    • Article, Illustration
      Lock icon Hurd stresses shared interest with China over Hongkong
      495 4 AFP Reuter HONGKONG British Foreign Secretary Douglas Hurd yesterday emphasised the "shared interest" that Britain and China have in ensuring a smooth handover of power for Hongkong in 1997. But the minister, who arrived yesterday for briefings on Hongkong issues over two
      AFP; Reuter  -  495 words
    • Article
      Lock icon Central Asia told it needs development models
      305 4 Reuter ULAN BATOR, Mongolia Central Asia needs a distinct regional identity and economic models that integrate nomadic life and high technology, an international conference in the Mongolian capital concluded yesterday. "Central Asia could become a model area of sustainable development based on traditional
      Reuter  -  305 words
    • Article
      Lock icon Compaq to double size of Shenzhen plant
      226 4 AFP BEIJING US computer giant Compaq yesterday announced that it planned to double the size of its joint venture facility in the Chinese city of Shenzhen by 1995, making it the largest manufacturing plant in the country. Annual production volume at the plant
      AFP  -  226 words
    • Article
      Lock icon Taiwan denies president has cancelled visit to Asian Games
      364 4 AFP TAIPEI President Lee Teng Hui of Taiwan was reported yesterday to have scrapped his plans to go to Hiroshima for the Asian Games next month, in a hid to still the controversy that erupted after he was invited to the
      AFP  -  364 words
    • Article
      Lock icon Boutros-Ghali rules out return of Taiwan to UN
      168 4 AFP BEIJING The question of Taiwan returning to the United Nations is only fiction, visiting UN secretary general Boutros Boutros-Ghali was quoted as saying by the official Chinese media yesterday. During talks with Chinese Foreign Minister Qian Qichen, Mr Boutros-Ghali reiterated the
      AFP  -  168 words
    • Article
      Lock icon Farming problems a source of China's inflation woes: official
      424 4 AP AFP BEIJING Problems in agriculture are contributing to China's high inflation,-said a senior government official this week. China's retail prices increased by 20 per cent in thfc first seven months of the year, mainly because of a surge in the
      AP; AFP  -  424 words
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      181 words
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  • REST OF ASIA
    • Article
      Lock icon Aussie companies close reporting season with overall 16pc profit jump
      528 6 Reuter SYDNEY Corporate Australia yesterday closed its annual reporting season with profits up about 16 per cent over last year's record earnings, buoyed by a robust economy, low tax rates and a tight-fisted approach to costs. As the last of
      Reuter  -  528 words
    • Article, Illustration
      Lock icon Keating tows drought aid for farmers, warns of climate change
      427 6 AFP DINGO, Australia Australian Prime Minister Paul Keating pledged special assistance for drought-stricken farmers yesterday and warned that the country may be undergoing a major climatic change. "The nation is wealthy enough to help people in dire circumstances," Mr Keating
      AFP; Reuter  -  427 words
    • Article
      Lock icon Australia's economy may slow down next year: analysts
      345 6 AFP SYDNEY Analysts issued a guarded warning yesterday that Australia's economy, one of the fastest-growing in the industrialised world, could hit the brakes next year. A key barometer of future activity, the Westpac Melbourne Institute Leading Index, slumped 1.9 per cent in
      AFP  -  345 words
    • Article
      Lock icon Banks' derivatives risk totals A$50b, says central bank
      441 6 Bloomberg Business News SYDNEY Australian banks have about Asso billion (Ssss billion) at actual risk in derivatives contracts, but transactions involving the more exotic end of the speculative market account for only about 4 per cent of that risk, the Reserve Bank
      Bloomberg Business News  -  441 words
    • Article
      Lock icon Court ruling in Shiseido case will hit price discounting
      347 6 NYT TOKYO Price discounting in Japan hit a roadblock on Wednesday when the Tokyo High Court reversed a lower court ruling and upheld the right of the cosmetics giant Shiseido to stop supplying its products to a retailer who sold them
      NYT  -  347 words
    • Article
      Lock icon Japan to ease export controls on products in ex-Cocom list
      190 6 AFP TOKYO Japan will ease controls on Asian-bound exports of 125 high-tech items on a list of the now defunct Coordinating Committee for Export Control (Cocom). The Nihon Keizai Shimbun newspaper yesterday said the deregulation was to be carried out
      AFP  -  190 words
    • ASIA NOTES
      • Article
        Lock icon Lower customs duties inevitable: India
        80 6 Bloomberg Business News NEW DELHI Indian Finance Minister Manmohan Singh said that lower customs duties are inevitable as India's economy is integrated with the rest of the world, Asian Age and Financial Express reported yesterday. Speaking to a meeting on Wednesday of the Customs and
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Foreign chipmakers' stake in Japan soars
        79 6 AFP TOKYO Foreign chipmakers 1 share in the Japanese market rose to a record 22.5 per cent in the three months to June, up 0.5 of a percentage point from the previous quarter, the International Trade and Industry Ministry said yesterday. Excluding semiconductors made
        AFP  -  79 words
      • Article
        Lock icon First Hanoi law licence for Aussie firm
        69 6 Bloomberg Business News HANOI Freehill Hollingdale Page said it was awarded a licence by the Vietnamese government to open offices in Ho Chi Minh City and Hanoi this week. This will be the first Australian law firm to open dual offices in the
        Bloomberg Business News  -  69 words
      • Article
        Lock icon Solomons PM considers deportation
        95 6 AFP HONIARA Prime Minister Francis Billy Hilly was yesterday mulling over a request by a minister to deport two Australian bank managers, a spokesman for the Prime Minister's Office said. Transport and Works Minister Edward Hanuehu called for the deportation of the general manager of the
        AFP  -  95 words
    • Article
      Lock icon Analysts expect high growth for India's infrastructure firms
      410 6 Reuter BOMBAY A doubling of India's industrial growth this year to 7 per cent is projected to trigger a boom in the country's previously recession-hit infrastructure sector. A poll of 12 leading securities firms this week showed that they expected a sharp
      Reuter  -  410 words
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      355 6 Oh QJISIME fl BY Thfr /AOGUL. Jl Te legendary Kubtal Khan was not only famous for being the great conqueror of a large empire In Chlnese"history. He was also renowned for creating the art of mongolan barbecue, which became the special if jr hallmark of mongolian cuisine. Together with the
      355 words
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  • THE WORLD
    • Article
      Lock icon New Quebec PM vows to win referendum on independence in '95
      425 7 Reuter MONTREAL Quebec's separatist premier-elect on Wednesday vowed to win a referendum on independence from Canada next year despite a narrow victory in a provincial election. Jacques Parizeau, leader of the Parti Quebecois and the future leader of the
      Reuter  -  425 words
    • Article
      Lock icon Gulf states drop plan to unpeg currencies to US dollar
      275 7 AFP RIYADH Gulf Arab finance ministers meeting here decided to shelve a plan to decouple their currencies from the US dollar and peg them to a basket of currencies instead. Saudi Finance Minister Mohammed Abalkhail said the plan was shelved
      AFP  -  275 words
    • Article, Illustration
      Lock icon Comeback celebration
      62 7 Reuter WASHINGTON Former Washington mayor Marion Barry framed by signs held aloft by supporters. They were celebrating his victory in the Democratic primary mayoral race on Tuesday. Mr Barry defeated John Ray 48 per cent to 37 per cent. Incumbent Mayor Sharon Pratt Kelly trailed with 13 per
      Reuter  -  62 words
    • Article
      Lock icon UK has biggest number of 48-hour week workers
      379 7 FT LONDON Nearly half of the seven million male employees in the European Union working a 48-hour week or more are employed in the UK, according to the latest Employment in Europe report published on Wednesday. The European Union report also helps
      FT  -  379 words
    • Article
      Lock icon Major seeks to reassert British influence in S Africa
      386 7 Reuter LONDON Before the end of the year. South Africa will almost certainly ask a US bank to manage its first international bond issue since it ended apartheid. That South Africa should be looking beyond its traditional London bankers is a
      Reuter  -  386 words
    • WORLD WATCH
      • Article
        Lock icon Russia needs more commercial banks
        104 8 Reuter ST PETERSBURG Russia has 2,350 commercial banks, but this is not enough to ensure the normal functioning of the banking system, central bank chairman Viktor Gerashchenko said on Wednesday. "The network of our commercial banks is developing in line with our expectations," he told
        Reuter  -  104 words
      • Article
        Lock icon Russian energy crisis worsens
        94 8 Bloomberg Business News MOSCOW The Russian energy crisis is at its worst since the collapse of the Soviet Union as oil output and inter-enterprise debts worsen and members of the Commonwealth of Independent States go further into debt to Russia over energy supplies, the Financial Times
        Bloomberg Business News  -  94 words
      • Article
        Lock icon Reuters' contract with CBS will lapse
        133 8 Reuter LONDON International news and information group Reuters Holdings pic yesterday said a three-year contract to supply television news to US broadcaster CBS Inc was not being renewed on its expiry at the end of November. Rival television news agency Worldwide Television News (WTN)
        Reuter  -  133 words
      • Article
        Lock icon Poland to cut foreign debt
        123 8 AP WARSAW Poland on Wednesday signed a historic agreement that cuts almost half off its US$l4 billion (Ss2l billion) debt to commercial banks and restores normal financial relations with the West. The agreement with the London Club of banks culminates four years of tough negotiations.
        AP  -  123 words
    • Article
      Lock icon Fed's Parry says CPI does not show much acceleration
      214 8 Bloomberg Business News RICHLAND, Washington US consumer price inflation shows no marked acceleration, said Robert Parry, the San Francisco Federal Reserve Bank president, yesterday. His comments came a day after the Labour Department reported that retail prices rose just 0.3 per
      Bloomberg Business News  -  214 words
    • Article
      Lock icon EU single currency on the cards for 1997
      515 8 Reuter BRUSSELS With equal measures of luck and good financial management, a single European Union currency with the necessary majority of countries taking part is on the cards for the first Maastricht Treaty target of 1997. EU finance ministers, who meet on
      Reuter  -  515 words
    • Article, Illustration
      Lock icon The state of things to come
      61 8 Reuter BEIRUT A billboard depicting the futuristic heart of Beirut looming over these Lebanese workers as they cleared the city's war-ravaged downtown area of rubble yesterday. The reconstruction of Beirut, billed as the world's biggest development project, is expected to take 25 years and
      Reuter  -  61 words
    • Article
      Aussies woo Russians through glass and class
      384 8  -  From John Helmer in MOSCOW NOW that it's almost the season for the famed French beaujolais nouveau wine, it's time for nouveaux Russians to be thinking of stocking their wine-cellars, and packing their sons and daughters off to schools abroad. Following Indonesia's first
      384 words
    • Article
      Lock icon Core group of open European phone markets possible
      457 8 Reuter BONN A core group of European countries could end all telephone monopolies together in 1998 and allow more cautious members to delay competition for up to two years. German Post Minister Wolfgang Boetsch yesterday said Germany and France, the European Union's
      Reuter  -  457 words
    • Article
      Lock icon US consumers note better quality in home-made products
      312 8 Bloomberg Business News WASHINGTON American consumers perceive US products as improving in quality and are more willing to buy them, says a poll of the Manufacturing Institute. The poll by Peter Hart Research, released yesterday, showed 66 per cent of the American
      Bloomberg Business News  -  312 words
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      230 8 <— S- CfriWoM/ilfflrV —r* l jlfem/tersAfe Gommitte& i&jb/ea&ed to- announces a /imitednum/ttrof\AiembersA/ft& ar& now- aoai/a/d&. Please call Mr.Frederiksen d L^v' 736 0300 J B U S I N E S S TIME S TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 Peat Marwick Career Opportunity in Treasury Management Consulting If you are
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      75 8 Asia's corporate giants 1 W SL I I 1 I f Can ,nc a s Pioneering I 1 1 I Tata Group adapt to the *,>. Jkl I country's rapidly changing I I M business environment? 1 .Sffl I Ratan Tata is asked I this a lot these days. I
      75 words
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  • SPORTS
    • Article, Illustration
      Lock icon Pressure mounts on Price as teammate Norman is sidelined
      469 9 Presidents Cup preview AFP GAINESVILLE, Virginia Nick Price, the world's topranked golfer, faces greater pressure at this weekend's Presidents Cup matches now that teammate Greg Norman is sidelined. Norman is hospitalised with intestinal pain and will miss the inaugural match-play event
      AFP  -  469 words
    • Article, Illustration
      Lock icon Owners declare end to baseball season in US
      518 9 AP NEW YORK Baseball, whose history and lore is so deeply woven into the fabric of America that it is known as the national pastime, has been cancelled. The World Series, played without fail for 89 years, has been called off. A
      AP; Reuter  -  518 words
    • Article
      Lock icon The game's still alive and kicking but the Pastime is dead
      581 9  -  By Robert Lipsyte NYT NEW YORK The National Pastime, which was buried Wednesday, died a long time ago. Baseball, which survived, will live forever. And somewhere between the myth of the Pastime and the glory of the game was
      NYT  -  581 words
    • Article, Illustration
      Lock icon What to expect and what not to look out for
      649 9 Golf NYT GAINESVILLE, Virginia If Nick Price walks up to Mark McNulty's golf ball in the first fairway today and hits it on to the green with an 8-iron. don't call the PGA Tour to report it as a rules
      NYT  -  649 words
    • Article
      Lock icon What the 1994 baseball strike did to the sport
      347 9 UPI MEANT the loss of USS2I2 million (*****.88 million) in players' salaries and USS4OB million in income for the owners. Wiped out the possibility of a single-season home run record. San Francisco's Matt Williams led the majors with 43 homers when
      UPI  -  347 words
    • SIDELINES
      • Article
        Lock icon Nicklaus in Indian golf course project
        84 9 AFP NEW DELHI Golf legend Jack Nicklaus and an Indian firm have joined hands in a L'SSIO million (SSIS million) golf course project, the Observer newspaper reported yesterday. Under the agreement. International Travel House Ltd (ITH), a Calcuttabased company, will also have the exclusive
        AFP  -  84 words
      • Article
        Lock icon Faldo plans to buy Scottish course
        131 9 AP WOBURN. England Nick Faldo plans to buy a golf course in Scotland yet play more competitions in the United States. On the eve of the British Masters at Woburn, the former world No I said he has to decide before the end of
        AP  -  131 words
      • Article
        Lock icon Baseball association awards still on
        92 9 Reuter NEW YORK The Baseball Writers Association of America will make its annual post-season awards despite the owners' cancellation on Wednesday of the rest of the 1994 season on the 34th day of a players' strike. The BBWAA determines the Most Valuable Players. Cy Young
        Reuter  -  92 words
      • Article
        Lock icon NZ rugby union to retain coach Mains
        111 9 Reuter WELLINGTON New Zealand rugby union chiefs put the country out of its suspense yesterday with a controversial decision to retain Laurie Mains as All Black coach for next year's World Cup in South Africa. The New Zealand Rugby Football Union (NZRFU) announced
        Reuter  -  111 words
      • Article
        Lock icon Capriati decision delights tournaments
        90 9 AP NEW YORK Jennifer Capriati's decision to play tennis again came as a delightful surprise to the two tournaments she has entered. "It is good news," said Beate Steger. spokeswoman for the Barilla Indoors tournament at Zurich. Switzerland, where Capriati will begin her comeback. "We are
        AP  -  90 words
      • Article
        Lock icon Schumacher not leaving, says Benetton
        99 9 AFP PARIS Embattled Formula One world championship leader Michael Schumacher of Germany is to see out the season with Benetton, the Benetton team said in a statement on Wednesday. The team denied earlier reports that the driver, suspended for two races for ignoring a black
        AFP  -  99 words
    • Article, Illustration
      Lock icon Jansher advances in World Squash Open, dogged by rivals
      646 9 AFP BARCELONA. Spain Jansher Khan cruised into the second-round of the World Squash Open here on Wednesday, with the top Australian and British players trailing doggedly in his wake. Jansher. who is bidding for a record-equalling sixth world title this week,
      AFP  -  646 words
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  • Article, Illustration
    Being world's Number One toy company is no kid's stuff
    477 10 KIDS, especially those in Singapore, have never had it so good. What else can children say when the world's Number One toy company has a regional office right here, virtually on their doorstep? It is like having Santa Claus around
    477 words
  • Article, Illustration
    Hasbro brings smiles to the faces of children
    536 10 U\T7 E exist to bring smiles to the faces of children," says Mr Alan G. V T Hassenfeld, Chairman and Chief Executive Officer of Hasbro, Inc., in his latest annual report to shareholders. For Hasbro, making toys is not the only way
    536 words
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  • Article, Illustration
    Play-Doh — shaping a child's future
    370 11 Play-Doh shaping a child's future ITS usage is only limited to the imagination, it encourages creativity, is highly educational, can be transformed into almost any shape, won't break and lasts a long, long time. Play-Doh, one of Hasbro's many popular products, is a clean, non-toxic modelling compound which has been
    370 words
  • Article, Illustration
    A family history
    652 11 IT WAS in America in the 1920s when a small family business began. It was a business started by brothers arriving in a new country, with few financial resources but a great deal of resourcefulness. This was neither an ordinary family nor a typical business. It took
    652 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1036 12 Nothing BeafeA Bud* HrcWfl where to wine, dine and entertain OK LETS TALK OVER LUNCH Seafood Theatre Restaurant proudly presents a series of monthly luncheon talks by expert well-known personalities. September 24 Your Total Image by Ms Gwen Cuthbert Buffet lunch and talk at S2B nett. For enquiries, please call
      1,036 words
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      Page 12 Advertisements Column 2
      372 12 Mooncake Festival At The Mandarin Singapore i From now till 20 September, all our traditional mooncakes like lotus seed paste with I, 2 or 4 egg yolk, snow skin or white lotus seed paste, assorted nuts with kam hu.i ham, 7 stars with white lotus paste mooncakes are on sale.
      372 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Transcendental music man
      1107 13 For jazz pianist Herbie Hancock, music cuts across all barriers and connects with people IHT ON A SAFARI in Kenya, Herbie Hancock saw a plaque on a tree trunk near a lodge saying that on this spot on Feb 6, 1952, Elizabeth learned of the death of
      IHT  -  1,107 words
    • Article, Illustration
      Lock icon Jacko planning comeback on US tour circuit?
      435 13 CHATTERBOX UPI UPI UPI UPI POP star Michael Jackson is said to be planning his first North American concert tour in four years. Jackson's 1993 world tour was aborted last November when he checked himself into a London drug rehabilitation facility to beat
      UPI  -  435 words
    • Article, Illustration
      Lock icon Sweet dreams are made of these
      55 13 Reuter LONDON Rock star and producer Dave Stewart posing in front of two of his photographs at the Saatchi gallery on Tuesday. They were among 200 works donated to an exhibition featuring 150 of the world's most highly-regarded photographers. Proceeds from the show will
      Reuter  -  55 words
    • Article
      Lock icon Titanic memorabilia to go on show
      387 13 Binoculars that might have saved ship among exhibits AFP A PAIR of binoculars that might have saved the trans-Atlantic liner Titanic from destruction in 1912 if they had been used go on show here next month in an exhibition of items salvaged from the
      AFP  -  387 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1233 13 TV RADIO 11pm, SBC 5 V cop Bruce Willis takes on a ter- K~ rorists. Not content with just a plane, the baddies hijack an airport. With wife Bonnie Be- JHtif delta circling in a plane that «r fuel, Willis must try ,-»T-. -^Hj harder against the creeps. Ren- v
      1,233 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      459 14 THE BIGGEST STORES IN CLARKE QUAY HAVE SOME OF THE BIGGEST BARGAINS IN SINGAPORE. r~ Hfo^ IW» It stands to reason that the biggest bargains can avountes e Gosh, Sesame Street, be found in the largest stores. At Clarke Quay, you Snoopy Collection and Mexx Youth. Bring the can find
      459 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Wisma Atria in $10m revamp
      697 15 Shoppers will hardly recognise the shopping complex after the makeover, says Corinne Kerk WHEN THE going gets tough, the tough gets going and sometimes, they go shopping as well, so some people say. With this in mind, Wisma Atria shopping centre is banking on a
      Photo by Chris Loh  -  697 words
    • Article
      Additional info puts Where streets ahead
      172 15  -  By Michelle Low THE next time you desperately need to find an ATM. run into the nearest 7-Elevcn and get yourself a copy of Where, a new and improved road directory cum buying guide. Launched at the recent book fair, the glossy maga-zine-si/ed guide
      172 words
    • Article, Illustration
      KFC looks for new flavour
      345 17  -  Michelle Low reports on a fast food switch Michelle Low AN IMAGE rethink is in the works for KFC, last year's fifth-largest advertiser in Singapore. The fried chicken giant has named Ogilvy Mather its "marketing partner" to spearhead a campaign to be launched early next
      345 words
    • Article
      Lock icon TV makes, TV breaks
      823 17  -  A Democrat Senate candidate suffers the backlash of a successful TV campaign, reports R W Apple R W Apple NYT T HI.tVISION spots are the miracle drugs of modern politics. They can make weak candidates strong and put hope into hopeless causes. But a television spot,
      NYT  -  823 words
    • COPY LINES
      • Article
        DNC gets new creative director
        49 17 SINGAPORE Industry heavyweight Graham Cadwallader is DNC Advertising's new executive creative director. He was last with Matari BBDO, Indonesia's second largest agency. A Singapore permanent resident since 1983. he has also worked with Y&R and Lintas in Singapore in the late 1970s and 1980s.
        49 words
      • Article
        Courvoisier XO voted top cognac
        64 17 SINGAPORE The repackaged Courvoisier XO Imperial has been voted the world's best cognac for the second time in eight years. The premium cognac won the Cyril Ray Trophy for overall best cognac as well as a gold medal for best XO at this year's International
        64 words
      • Article
        Lock icon McDonald's in Olympic pact
        49 17 Reuter ATLANTA McDonald's Corp said it has reached a mul-ti-million advertising agreement with National Broadcasting Co for the 1996 Olympic Games. The hamburger chain said the agreement, the size ol which was not disclosed, makes McDonalds the exclusive advertiser for the international athletic fete. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Marilyn to grace Chinese products
        71 17 Reuter BEIJING US sex siren Marilyn Monroe is set to become a Chinese marketing icon 32 years after her death, the China Daily reported on Wednesday. The image of the blond American idol will soon grace a range of products battling for a place in
        Reuter  -  71 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      249 15 mum KFCy Marketing Manager KFC Singapore is a wholly owned subsidiary of a large multinational. The business in Singapore has been experiencing unprecedented growth. As a subsidiary of one of the top marketing companies in the world, and to meet the demands of our explosive growth and organizational needs, we
      249 words
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      Page 15 Advertisements Column 2
      32 15 Financial News A Quick Look At The Markets I I Call 24 hours a day for SES KLSE mid-day reports and closing world market reports. vIL Cost: 30 cents a minute JJ)
      32 words
    • Advertisement
      Page 15 Advertisements Column 3
      120 15 THE BIG STORE BARGAINS AT CLARKE QUAY. I6th SEP 30TH SEP 1994. B k. I im#l PRICES for all Golf Pride grips, £r True Temper and Aldila Sjf shafts. Grips and shafts ltd®* are professionally fitted. 89l GIO ARMANI EDP 50ML SPRAY C.WRGW ABM.4N! i^j| ff $52.65 > l^P"' Usual
      120 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      687 16 After 27 years of uninterrupted service our TV just packed up. And so, we're afraid, did the VCR, the Karaoke machine (Actually, that's not stricdy true. We're definitely okay for and every single one of our Hi-Fi systems. computers at the moment. You may have heard we picked up a
      687 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      219 17 WOULD YOU LIKE TO KHOW HOW THE LECACY BECAME THE BEST SELLING POWER LITRE CAR IN PROTECTIW The boxer engine is one reason of Hll B I B Naturally such a powerful and fast course. It offers greater power and car needs to offer maximum safety. (HONDA, TOYOTA, MITSUBISHI HAZDA
      219 words
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  • Article
    Fresh winds in the finance sector
    530 18 AFTER THE giddy gains last year, Singapore's financial sector was widely expected to ease up this year. Some feared that not only would the froth come off, the whole sector might start to go distinctly flat. Instead, it has shown surprising robustness. Stock prices
    530 words
  • What the others say
    • Article
      More equal than others?
      225 18 THE IDEA that members of the European Union (EU) may choose to move at different speeds, especially towards economic and monetary integration, is not new. It is, in fact, inherent in last November's Maastricht Treaty on European unity. What is different, and disturbing, about the unofficial
      225 words
    • Article
      Wasted time and opportunity
      140 18 CONTROLLING population growth has long been the agenda in international conferences. The recent Cairo meeting saw the agenda discussed in the most controversial manner. As a result, the focus was diluted and, instead, secondary issues like abortion and sexual relations surfaced and wasted much precious time.
      140 words
    • Article
      Values and moral decadence
      144 18 THE United Nations International Conference on Population and Development, held recently in Cairo, ended on a happy note with the release of a communique and action programme. However, it is doubtful if concrete progress can be made in solving the global problem of over-population and uneven
      144 words
    • Article
      Spur recovery with right policies
      171 18 JAPANESE business sentiment is improving despite the strength of the yen. The Bank of Japan's quarterly economic survey found that companies were more upbeat about business conditions than expected, and that the earnings outlook is brightening. But the survey also showed that the painful adjustments
      171 words
    • Article
      Care for the children
      224 18 INSTEAD OF being at school like others their age, 73,475 children aged 10-14 years in 1980 were breaking their backs as full-time workers and family breadwinners. That represented some 5.5 per cent of the country's workforce that year. One might be tempted to say that this
      224 words
    • Article
      Politicians must come clean
      145 18 NOTHING IS more important to the smooth running of the territory than public confidence in its office bearers and officials. In an ideal world they should be, like Caesar's wife, above suspicion. Instead, there is a high degree of public cynicism surrounding the entire subject. There
      145 words
  • Article
    Is Clinton's tactical retreat on the Gatt bill wise?
    1060 18  -  By abandoning its insistence on 'fast track' authority, the administration hopes to get the Gatt accord through Congress before the November recess. Leon Hadar discusses whether the trade-off is too costly Leon Hadar The writer is BT's Washington Correspondent POLITICAL experts
    1,060 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      278 18 TEEN WAVE From Levi's 501s to Lifestyle Pagers, teenagers here are i snapping up the latest designer j labels. Poweredbyindulgent parents, pocket money and part- rffNmj 3^ time work, they've become a At SO IN THIS ISSUE-. LL_ "Royal Brothers": The new deal makers Singapore ups stakes in chip market
      278 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      49 18 i uiovJuON'T \<kiou)..X l rn PoRTHe\ TV»e LATE.ST OtA USC IT.. J -rwe. <a.is a y VsPe.c'PH X AMOCIATCD NfWWAPfMS LTD, IM.IM Cill, 9 g 7 POONESBURY GARRY TRUDEAU 15 taos fvst yum? mL. pomn, maam*hxjr. oh peak. rrHA6S&B*ALATJMCnV£fIX- N£PH£MJJUST tS& TUFS&- FIRST, fTCANBGDONC- UATCMOUT! \£MF MJOWCMXA OKAY! re*NOT
      49 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Biggest format battle since Beta versus VHS
      1079 19  -  Video games are far from financial child's play. By the end of Christmas shopping this year, US$5 billion worth of games and consoles will end up in living rooms across the US and spill abroad. David J Elrich assesses the likely winners of
      NYT  -  1,079 words
    • Article, Illustration
      Lock icon Making it easier for genius to bloom in Japan
      870 19 An official pilot project aims to foster high school 'wonder kids' in mathematics and science Asahi News Service UNIVERSITIES and educational organisations have embarked on an ambitious effort to discover "wonder kids" in mathematics and physics, and develop the creative abilities
      Asahi News Service  -  870 words
  • Page 19 Advertisements
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  • Article
    Lock icon Clinton ready to order Haiti invasion despite opposition in US
    533 20 Reuter AP AFP WASHINGTON President Bill Clinton yesterday said he was ready to order an invasion of Haiti over the opposition of Congress and the American people because present policy had failed to persuade military leaders to leave peacefully. Mr
    Reuter; AP; AFP  -  533 words
  • Article, Illustration
    Lock icon On the chancellor trail
    39 20 Reuter GELSENKIRCHEN, Germany Social Democratic Party leader and candidate for chancellor Rudolph Scharping (left) and companions walking past an advertising posture here on Wednesday. Mr Scharping is on a three-day election rally through Germany. Reuter
    Reuter  -  39 words
  • Article
    Lock icon Lower UK retail sales temper fears of higher rates
    193 20 Bloomberg Business News LONDON A surprise slide in sales at British retail stores in August tempered fears that UK interest rates will rise again as soon as October. Retail sales fell 0.3 per cent from July, as sales of food, clothes,
    Bloomberg Business News  -  193 words
  • Article
    Lock icon India lifts curbs on foreign drugs firms
    330 20 Reuter NEW DELHI India yesterday unveiled a radically liberalised medical drugs policy, abolishing production and supply curbs on foreign drug companies to put them on an even keel with domestic competitors. Its latest move in a three-year-old economic reform programme also abolished, on
    Reuter  -  330 words
  • Article
    Lock icon BP makes major natural-gas find off Vietnam
    394 20 Reuter HANOI British Petroleum (BP) yesterday announced a big natural-gas discovery off Vietnam that will launch a major industry for the country. "The gas discoveries could be expected to play a key role in supplying Vietnam's emerging domestic gas market," the company said
    Reuter  -  394 words
  • Article
    Lock icon S Africa goes global, cuts export subsidies
    393 20 Reuter CAPE TOWN Post-apart-heid South Africa, bidding to become a major player in the global market, yesterday announced sweeping cuts in export subsidies. Bert Pienaar, director-gen-eral of foreign trade, said that President Nelson Mandela's Cabinet had approved changes to the two billion rand
    Reuter  -  393 words
  • Article, Illustration
    India should not fear entry of foreign media
    686 20  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent An AMBITIOUS plan to turn India into a major Asian media centre has run into stiff opposition. The debate raging in New Delhi is whether India's economic liberalisation should
    686 words
  • Article
    Lock icon Unit in HK's Emperor group faces US probe over alleged illegal futures trading
    420 20 Eastern Express HONGKONG A company in the Emperor jewellery and real estate group is the latest firm to be investigated by US authorities for alleged fraud involving Asian migrants through futures trading. The US Commodity Futures Trading
    Eastern Express  -  420 words
  • Article, Illustration
    Lock icon Arms dealer Khashoggi in talks to buy big stakes in three Thai firms
    323 20 AFP Bloomberg Business News BANGKOK Arms dealer Ad nan Khashoggi. whose secret business became a public controversy during the 1987 Iran-Contra hearings, is negotiating deals for major stakes in three minor Thai companies, a market official said
    AFP; Bloomberg Business News  -  323 words
  • Page 20 Advertisements
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        44 21 Mixed Market Mood indu ales the likely trading sentiimttl today, based on brokers polled at 5-ftpnt yesterday o*ermt;ht events may alter sentiment Brokers jxilled Alliance. Harinvs. Ikuwa (iK (roll. Kay Hum. Morgan Grenfeil. \omura. Phillip. Smith Vu C ourt and 11/ Carr.
        44 words
      • Article, Illustration
        HOT STOCK
        125 21  -  By Quak Hiang Whai After a good run accompanied by very healthy volumes early this month. Apollo Enterprise has been losing ground. The stock lost another three cents to 51.67 yesterday and looks set to fall a little further. Some bearish divergence is seen in its daily RSI
        125 words
    • Article
      Jardine group says framework in place for S'pore trading
      477 21 SINGAPORE Jardine Matheson Holdings (JMH) yesterday said it has a framework in place that should make it easy for Hongkong investors to trade the group's shares in Singapore when the company delists from the Hongkong stock exchange at the end of
      477 words
    • Article, Illustration
      Lock icon Wuxi industrial park signs up four more tenants with US$45m in investment
      462 21  -  From Teh Hooi Ling in WUXI THE Wuxi-Singapore Industrial Park (WSIP), a Sino-Sin-gapore project, has signed up four more tenants which will invest US$45 million (5566.6 million) in plant and machinery. This will bring the total number of
      Picture by Lau Fook Kong of The Straits Times  -  462 words
    • Article
      The wheel of tradition turns a surprise full circle at YHS
      1004 21  -  HOCK LOCK SIEW Lee Han Shih SINGAPORE A 94-year-old tradition was broken on Monday. At a press conference, Y Y Wong, chairman of Yeo Hiap Seng Ltd's newly set-up executive committee (Exco), officially anointed himself as the new boss.
      1,004 words
    • Article
      DBS Bank eyes role in first primary listing of China firm
      453 21  -  By Schutz Lee SINGAPORE The DBS Bank group, which is preparing the first secondary listing of a Chinese company here, is confident it is also well-posi-tioned to manage the first Chinese primary listing. Eric Ang. senior vice-presi-dent of corporate
      453 words
    • COMPANIES
      • Article
        Manila regulators approve Shangri-La Props' rights issue
        393 22  -  From William Chia in KUALA LUMPUR THE Philippines Securities and Exchange Commission (SEC) has approved a rights issue of 1.2 billion pesos (Ss6B million) by the Kuok Group's listed Philippine hotel company, Shangri-La Properties Inc, after earlier refusing permission. The commission decided last
        393 words
      • Article
        Hong Leong Bank extends share offer
        380 22  -  From Ho Kay Tat in KUALA LUMPUR THE application period for Hong Leong Bank's offer of 188.06 million shares at M 53.30 (55.192) each has been extended by one day. The bank said yesterday that due to "an overwhelming response", the offer would close
        380 words
      • Article
        Giken to set up joint venture in China
        216 22 SINGAPORE Sesdaq-listed Giken Sakata is setting up a joint venture in China's Changzhou city to make components for the electronics industry there. Giken said yesterday it had signed a joint-venture agreement with Chinese state-owned Changzhou Radio Special Tools Factory, Itochu Asia and
        216 words
      • Article
        Sincere Watch in 1-for-2 40th birthday bonus issue
        228 22 SINGAPORE Sesdaq-listed watch retailer Sincere Watch Ltd has declared a bonus issue of one-for-two to commemorate its 40th anniversary. It announced yesterday it has obtained the Stock Exchange of Singapore's in-prin-ciple approval for the bonus issue, which will result in another 21.8
        228 words
      • Article
        Lock icon PLDT, Lopez family pull out of satellite project
        274 22 AFP MANILA The Philippine Long Distance and Telephone Company (PLDT) and a telecommunications firm owned by the politically-prominent Lopez family both said yesterday that they would pull out of a consortium planning to launch the Philippines' first satellite. PLDT, the country's dominant
        AFP  -  274 words
      • Article
        Lock icon KESM Industries shares subscribed 48 times
        228 22 Bernama KUALA LUMPUR KESM Industries Bhd's 1.7 million shares for public subscription were subscribed 48.2 times, director of MIDF Consultancy and Corporate Services Sdn Bhd, Darwis Mohd Daek said yesterday. For the portion, a total of 53,860 applications were received for 82.01 million shares
        Bernama  -  228 words
      • Article
        Amin Shah to control Perstima after share swap
        433 22  -  From Ho Kay Tat in KUALA LUMPUR FAST-RISING bumiputra businessman Amin Shah Omar Shah has not only won the privatisation of the Lumut naval dockyard but will use the deal to add Perusahaan Sadur Timah Malaysia Bhd (Perstima) to his growing list
        433 words
      • Article, Illustration
        Lock icon MBf entering Fiji with Carpenter's operations
        340 22 AFP SUVA Malaysia's MBf group aims to use the South Pacific operations of the W R Carpenter group as a launching pad for entry into manufacturing and tourism here, the Malaysian concern's chief executive said yesterday. MBf purchased the regional operations of the Australian
        AFP  -  340 words
      • Article
        Lock icon Leader-led consortium wins Cambodian power job
        152 22 Bernama KUALA LUMPUR A consortium led by Leader Universal Holdings Bhd has secured a US$4O million (Sss9 million) contract to design, finance, build and operate a power generating plant in Cambodia. The project, to be located in Chak Angre, Phnom Penh, will be the
        Bernama  -  152 words
      • Article
        Lock icon Lingui expects M$128m profit after restructuring
        268 22 MBT Kuala Lumpur Lingui Development Bhd expects its projected pre-tax profits to increase to MS 128.54 million (5574.86 million) for the year ended June 30. 1995 after a proposed restructuring. The forecast compares with pre-tax profits of MS 19.24 million without the revamp. The
        MBT  -  268 words
      • COMPANY BRIEFS
        • Article
          Interest rate on DBS Land's notes
          43 22 SINGAPORE The Stock Exchange of Singapore said yesterday the interest rate on DBS Land's Series A, $50 million floating rate notes due 19%. has been fixed at 4.6362 per cent for Sep 9 to Dec 9. 1994.
          43 words
        • Article
          CCL grants options to workers
          45 22 SINGAPORE Cycle Carriage Ltd said yesterday its subsidiary CCL Properties (Hillview) Pte Ltd has granted options to three of its employees to buy units in its MeraLodge condominium development in Hillview Avenue at the same price offered to the public.
          45 words
        • Article
          Lock icon Accord on land deal
          50 22 Reuter MANILA Manila Bay Park Developers Inc said it had reached an agreement to buy 12 hectares of land from a group involved in the reclamation of parts of Manila Bay. The property firm, 30-per cent owned by Belle Resources Corp. did not give further details.
          Reuter  -  50 words
        • Article
          Lock icon UAC earnings setback
          63 22 Bernama KUALA LUMPUR UAC Bhd's operating results for the year ended June 30. 1994. suffered a setback owing to competitive prices and cost increases in wages and raw materials. UAC said group pre-tax profit fell 10.9 per cent to M 515.1 million (SSB.7 million) from the previous
          Bernama  -  63 words
        • Article
          Lock icon UMF pre-tax profit soars
          67 22 Bernama KUALA LUMPUR United Merchant Finance Berhad (UMF) has reported a 160 per cent increase in group pre-tax profit for the half year ended June 30. 1994, to M 540.656 million (5523.6 million) from MS 15.648 million in the previous corresponding period. The company said yesterday
          Bernama  -  67 words
      • Article
        Untitled
        1427 22 Managers pnc«* Sep 16 Mendaki Gr Fund 120 I23*d$ Singapore Unit Trust umb iZrt Met Ltd The Commerce 1 68 1 78 UR1B MVeSl Wgl Ltd The Sav ings Fund 1.60 1.69 Lnifund 1.56 1.62 S'pore Prog Fund 066 0.70xd I nibond 1.035 1.06 S pore Sec Fund I 04
        1,427 words
      • Article, Illustration
        Dairy Farm sets date for HK delisting as earnings disappoint
        514 23  -  From Lim Soon Neo in HONGKONG DAIRY Farm International Holdings Ltd, a member of the Jardine Matheson group, yesterday reported a 59 per cent increase in interim unaudited net profit to US$lOB.4 million (S$ 161 million), boosted by an exceptional
        514 words
      • Article
        Lock icon Sun Hung Kai chalks up 11pc first-half profit rise
        200 23 Bloomberg Business News HONGKONG Investment bank Sun Hung Kai Co yesterday said profit rose 11.71 per cent to HK5187.34 million (Ss36 million) in the six months ended June 30 from HKS 167.70 million a year ago. Sun Hung Kai said earnings
        Bloomberg Business News  -  200 words
      • Article
        Lock icon HK's Chinese Estates group to raise stake in Taiwan broking firm
        184 23 Bloomberg Business News TAIPEI A group of companies controlled by Chinese Estates Holdings Ltd, a Hongkong property and securities investment company, plans to purchase 60 per cent of Taiwan's Yung Kau Securities for US$l5.3 million (5522.8 million), a senior
        Bloomberg Business News  -  184 words
      • Article
        Lock icon Star TV picks News Corp unit for digital TV system
        132 23 Bloomberg Business News HONGKONG Asian regional satellite broadcaster Star TV has appointed News Datacorn to be the lead contractor in setting up a digital television system for Asia. Both Star and News Datacorn are subsidiaries of media tycoon Rupert Murdoch's
        Bloomberg Business News  -  132 words
      • Article
        Lock icon Fare hike boosts KMB's operating income
        184 23 Reuter HONGKONG Franchised bus operator Kowloon Motor Bus Co (KMB) yesterday said its interim profit which soared to HKSI.49 billion (Ss2B6 million) from HK5171.70 million included an exceptional gain of HKSI.2I billion on the sale of two surplus depot sites. KMB said its operating
        Reuter  -  184 words
      • Article
        Lock icon HK regulators find some business deals omitted from MKI's annual report
        665 23 Bloomberg Business News BEIJING Hongkong-listed MKI Corp, whose shares were suspended in June by local regulators, has omitted a number of business deals from its recent annual report that only just months ago it was trumpeting in press releases.
        Bloomberg Business News  -  665 words
      • Article
        Lock icon HK's Vitasoy plans second plant in China
        362 23 Eastern Express HONGKONG After the successful launch of its first production facility in Shenzhen. Hongkong beverage group Vitasoy International Holdings is close to finalising a deal to set up a second manufacturing base in China. Speaking after the annual meeting of the group,
        Eastern Express  -  362 words
      • Article
        Lock icon Allied Signal in China turbo move
        92 23 Bloomberg Business News SHANGHAI Allied Signal Inc said it will build its first plant in China, a US$27 million (5540.2 million) facility for production of truck turbochargers. The Shanghai plant, Allied Signal's first in China, will initially supply China and potentially other Asian countries
        Bloomberg Business News  -  92 words
      • Article
        Lock icon Free bite at Apple
        42 23 Bloomberg Business News CUPERTINO, California Apple Computer Inc, in a new six-month promotion of its fledgling on-line information service, is offering customers 10 hours of free time, and waiving some fees for new eWorld customers. Bloomberg Business News
        Bloomberg Business News  -  42 words
      • Article
        Lock icon McDonald's damages cut in burn case
        69 23 Reuter CHICAGO McDonald's Corp said on Wednesday a state court in New Mexico reduced the amount of damages the fast-food chain must pay a woman who alleged she suffered third-degree burns from a cup of McDonald's coffee. The court in Albuquerque reduced the punitive
        Reuter  -  69 words
      • Article
        Lock icon Caterpillar on a roll via Nafta
        75 23 Bloomberg Business News PEORIA, Illinois Caterpillar Inc, citing benefits from the North American Free Trade Agreement and an improved Mexican economy, said exports to Mexico were up 77 per cent in the first six months of the year. Caterpillar said it sold Mexican customers
        Bloomberg Business News  -  75 words
      • Article
        Lock icon Indian paper firm's 4b rupee expansion
        60 23 Bloomberg Business News BOMBAY The board of ITC Bhadrachalam Paperboards Ltd plans a 4 billion rupee (SSIB9 million) expansion, newspapers report. The paper maker plans to expand capacity to 400,000 metric tonnes a year. ITC Bhadrachalam Papeiboards is a subsidiary of ITC Ltd, with
        Bloomberg Business News  -  60 words
      • Article, Illustration
        Lock icon UK's Forte buys 57pc Meridien stake
        615 24 A further increase in share expected in the move to be one of world's biggest hoteliers Bloomberg Business News LONDON Forte pic said it has bought a 57.3 per cent stake in luxury hotel chain Societe des Hotels Meridien from Air France, and expects
        Bloomberg Business News  -  615 words
      • Article
        Lock icon Mirror Group moves into UK cable TV, reports profit fall
        510 24 Bloomberg Business News LONDON Mirror Group pic yesterday announced a long-awaited move into UK cable television after reporting first-half earnings showing its flagship weathered the effects of a newspaper price war. The UK publishing house said it had signed a
        Bloomberg Business News  -  510 words
      • Article
        Lock icon Cable TV giant confident of nod on QVC buy-out
        376 24 Bloomberg Business News WASHINGTON Telecommunications Inc said it remains "confident" that the Federal Trade Commission will approve the proposed buyout of QVC by TCI and Comcast Corp. The expression of confidence from the Denver-based cable television giant came in response to
        Bloomberg Business News  -  376 words
      • Article
        Lock icon Wal-Mart plans 100 more Supercentres next year
        261 24 Bloomberg Business News BENTONVILLE, Arkansas Wal-Mart Stores, continuing the rapid expansion of its Supercentre division, said on Wednesday it will open 100 Supercentre stores in the fiscal year starting next February. Including new Wal-Mart discount stores, new Sam's Club warehouse stores and stores
        Bloomberg Business News  -  261 words
      • Article
        Lock icon Metallgesellschaft to sell 47pc stake in Kolbenschmidt
        195 24 Bloomberg Business News FRANKFURT Metallgesellschaft said it has reached an accord to sell its 47 per cent stake in Kolbenschmidt AG to institutional investors. It also said T&N pic has options to acquire a stake of up to 52.5 per cent in Kolbenschmidt.
        Bloomberg Business News  -  195 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Federal Court upholds ruling against Perwira Habib Bank
        294 25 Bernama KUALA LUMPUR The Federal Court has dismissed an appeal by Perwira Habib Bank (PHB) against a High Court decision concerning a loan of M 5294.939 (about S$ 171,000) given to a pensioner about seven years ago. Chief Judge of Malaya EusofT
        Bernama  -  294 words
      • Article, Illustration
        Nomura S'pore boosting staff strength rapidly
        459 25  -  By Quak Hiang Whai SINGAPORE Tetsu Hirano does not look like your average banker or broker. Wearing a beard a legacy of his last tour in the Middle East the head of the Nomura Group in Singapore could easily be mistaken for a painter
        459 words
      • Article, Illustration
        OCBC rings up a first in banking with smart phone service
        404 25  -  By Soh Tiang Keng OCBC Bank will on Sunday launch a new electronic banking service, Easi Tellafone, combining the features of a telephone and personal computer. Lau Ping Sum, the bank's senior vice-president in charge of information systems services,
        404 words
      • Article
        DBS and UOB the biggest banks in Asean, says survey
        340 25 SINGAPORE Local banks DBS and UOB are the two biggest banks in the Association of South-East Asian Nations (Asean), according to a ranking exercise by Asiaweek magazine. The financial magazine, in its first-ever ranking of the region's 500 largest commercial
        340 words
      • Article
        Lock icon Banque Indosuez chairman hails interim results
        248 25 Reuter SHANGHAI Banque Indosuez chairman Gerard Worms said 1994 first-half results, which showed a 24 per cent increase in net attributable income, were good considering tough conditions. "They were good results considering the fact that the year was not an easy year in the
        Reuter  -  248 words
      • Article
        Lock icon Bank of America tops customer service survey
        518 25 AP WASHINGTON A major national survey of the way financial institutions sell mutual funds and other securities gave high marks for disclosure and customer service to Bank of America, while ranking Great Western and Wells Fargo among the worst performers. The California-based institutions
        AP  -  518 words
      • SMALL CHANGE
        • Article
          Lock icon DCM-RHB to raise fund's size
          116 25 Bernama KUALA LUMPUR DCM-RHB Unit Trust Management Bhd, an associated company of the Rashid Hussain Bhd group, expects its dynamic fund unit trust to reach 400 million units by the end of this year. Chief executive officer Nik Ezar Nik Bolia yesterday said the fund,
          Bernama  -  116 words
        • Article
          Lock icon Germany's IKB opens HK office
          64 25 AFP HONGKONG Germany's IKB Deutsche Industriebank AG opened its first overseas representative office in Hongkong on Wednesday, catering to what it called growing Germany business in East Asia. IKB director Eckhard Gottschalk said the bank had seen a growing number of medium-sized German companies moving
          AFP  -  64 words
        • Article
          Lock icon Park-Ohio gets US$50m credit line
          78 25 Bloomberg Business News CLEVELAND Park-Ohio Industries Inc yesterday said it had reached an agreement with three banks for an unsecured credit line of US$5O million (Ss74 million). The agreement with Society National Bank of Cleveland, National Bank of Detroit and Huntington National Bank of Cleveland
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Norwest to buy Texas bank
          78 25 Bloomberg Business News BAY CITY, Texas Norwest Corp yesterday said it had agreed to acquire closely held First National Bank of Bay City, Texas, for an undisclosed amount. The transaction, subject to approval by Bay City shareholders and federal regulators, is expected to be completed
          Bloomberg Business News  -  78 words
      • Article
        Lock icon Citibank gets approval to sell stock-index derivatives
        124 25 NYT WASHINGTON Bucking a trend towards more regulatory restrictions on derivatives, federal bank regulators said on Wednesday that they had given formal permission for the first time for a bank to sell stock-in-dex derivatives. The Office of the Comptroller of the Currency, part
        NYT  -  124 words
      • Article
        Lock icon Oman wants non-Opec nations to cooperate on output cut
        376 26 Knight-Ridder MUSCAT, Oman Independent oil exporting countries, known as I pec, will have to cooperate with Opec members by cutting oil output if Iraqi crude re-enters the market. A senior official at Oman's Petroleum and Minerals Ministry said yesterday: "If Iraq
        Knight-Ridder  -  376 words
      • Article
        Opec seeking oil price of US$20-22 in the long term
        343 26  -  By G Panicker SINGAPORE Opec hoped to secure a long-term oil price of between US$2O and US$22 a barrel, in contrast to the massive oil price fluctuations of the past 20 years, the organisation's immediate past president told a conference
        343 words
      • Article, Illustration
        Lock icon M'sian, Russian scientists create compound to recycle rubber
        288 26 Reuter KUALA LUMPUR Malaysian and Russian scientists said they have created a rubberbased compound that can recycle vulcanised rubber like car tyres. Malaysia's BC Sekhar and Russia's Vitaly Kormer said on Wednesday they had come up with a reactant called "de-link" which
        Reuter  -  288 words
      • Article
        Lock icon EU commission looks at ways to reform regional sugar regime
        292 26 Reuter BRUSSELS The European Commission is considering two options for the reform of the European Union sugar regime. According to a draft "reflections paper" obtained by Reuters, the options are: reductions in support prices on a multi-annual basis and a
        Reuter  -  292 words
      • Article
        Lock icon What oil expert wants in the pipeline: a North-east Asian trading hub
        579 26 Bloomberg Business News HONGKONG Increasing trade in refined oil products in North-east Asia could spur development of a northern oil trading hub, said Roger Osborne, founder of the Asian Petroleum Price Index. Mr Osborne, an influential voice in
        Bloomberg Business News  -  579 words
      • Article
        Lock icon Late monsoon likely to hurt Indon rice, rubber sectors
        388 26 Reuter JAKARTA Indonesia's rice and rubber sectors, already reeling from a severe drought, are likely to suffer further because of delayed monsoon rains. The meteorological department yesterday forecast that seasonal rains, which usually begin in September, could be delayed by almost
        Reuter  -  388 words
      • Article
        Lock icon Currency Reports: London
        187 26 Reuter LONDON The dollar, stopped in its tracks by a holiday in Japan, spent the morning stuck in 25-tick ranges against the mark and yen in Europe as players awaited the outcome of yesterday's Bundesbank council meeting. Economists expected no movement on key German rates yesterday and
        Reuter  -  187 words
      • Article
        Crude oil, petrol rebound after week-long slump
        183 26 Bloomberg ENERGY REPORT NEW YORK Crude oil and petrol futures on the New York Mercantile Exchange rebounded from declines caused by changes in environmental regulations for petrol. Crude fell for five days and petrol for four days amid concern refiners are unloading supplies
        183 words
      • Article
        Lock icon Amoco expects 65,000 bpd of China oil
        92 26 AFP BEIJING US oil giant Amoco predicted yesterday an output of 65,000 barrels per day from its Liuhua 11-1 oilfield the largest offshore oil deposit in the South China Sea when it goes on tap in April 1996. The development of the Liuhua
        AFP  -  92 words
      • Article
        Lock icon New York
        86 26 AFP NEW YORK The dollar gained on other major currencies in early trade yesterday with activity light in advance of new government statistics. Gold lost 30 cents to hit US$3BB.BO per ounce. Around 1400, the dollar cost 1.5477 marks from 1.5418 late Wednesday and 99.35 yen from 99.20.
        AFP  -  86 words
      • Article, Illustration
        Untitled
        1449 26 InkJe-MnghlnJ index tabulated afainsl S'pore\ top 14 trading partner, Base mr 1985 USS/SS forward rates Noon Sep IS s$ Bid Offer 1-month ***** I 486* 2-month ***** I 4855 3-monlh 1.4831 ***** 6-month 1.4797 1.4817 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m Sep 15 Singapore dollars to
        1,449 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Simex Euroyen futures close steady due to Japanese holiday
        1192 27 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures barely moved in very light trading due to a national holiday in Japan. "No one wants to do anything with Japan out," said one dealer at a local firm. Trading in the underlying dollar-yen
        Reuter  -  1,192 words
      • Article
        S'pore rubber firms on keen demand
        675 27 COMMODITY REPORTS Rubber SINGAPORE: Rubber futures finished broadly higher on active European and local dealer short-covering and fresh manufacturer buying, brokers said. They said the market also took the lead from higher Japanese prices overnight. The Japanese markets were closed yesterday for a local
        675 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Australia may sell sugar to Dubai
          107 27 SYDNEY Australia may sell its first shipment of raw sugar to the new Jebd Ali refinery in Dubai this month, but a deal is yet to be finalised, the Queensland Sugar Corporation said yesterday. Freight market sources have indicated exporter CSR is seeking indications
          107 words
        • Article
          Russia cuts gas flow to Ukraine
          86 27 MOSCOW Russia's natural gas monopoly Gazprom cut gas supplies to Ukraine yesterday for the second successive day in the continuing dispute over payments arrears. It cut the gas flow by 20 million cubic metres on top of Wednesday's 40 million reduction. Before the reduction,
          86 words
        • Article
          S Korea tenders for US corn
          58 27 SEOUL The Pusan branch of the Korea Feed Association will tender this morning to buy 50,000 tonnes of US No 3 com a KFA official said. The com will be due for arrival at Pusan or Ulsan on Dec S. The tender is scheduled
          58 words
        • Article
          Indon unhusked rice output down
          81 27 SINGAPORE Indonesia once again revised its 1994 unhusked rice output down, this time to 45.8 million tonnes compared with 48.2 million a year earlier, the Bisnis Indonesia said yesterday quoting Agriculture Minister Sjarifudin Baharsjah. On Aug 23, the ministry's director general Amrin Kahar reportedly forecast
          81 words
    • Article
      COMMODITY PRICES
      1407 27 Rubber Singapore CoMnodity fwrImji (futurM dating M at S.3#pa) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Oct 94 I I 200 25 1825 Nov 193.00 191.30 191 50 1325 3350 Dec 186.50 184.00 187.7) 450 3700 Jan/Mar 95 184.25 183.75 183.75
      1,407 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1034 28 +0.3 SHARES closed a shade firmer yesterday after early gains were stripped away by profit takers, brokers said. The key All Ordinaries Index closed at 2,050.8 points, up 0.3. It rose in morning trade to a high of 2,060.4. The All Industrials Index climbed 6.7 to 2,917.5 while the
        1,034 words
      • Article
        Manila
        661 28 1.09 Share prices closed marginally higher yesterday on the strength of second-liners as blue chips continued to take a back seat to newly listed stock market darling Petron. The PSE Index closed at 2,954.46 points, up 1.09. Turnover was 3.19 billion shares valued at 1.93 billion pesos. Market leader
        661 words
      • Article
        Taipei
        580 28 -35.21 The bourse lost 35.21 points yesterday to settle at 6,989.97 as share prices fell across-the-board under heavy selling pressure. Strong buying of financial shares pushed the index to the day's peak of 7,129 points in the morning. But shares gradually lost weight with profittaking and dumping of nonbanking
        580 words
      • Article
        Seoul
        469 28 -10.61 Prices slid yesterday amid widespread sell-offs spurred by strong government cool-down measures. The Composite Price Index shed 10.61 points to close at 988.75. Volume was 35 million shares worth 734 billion won. The market opened strong, pushing the index up to 1,005.70 points in the morning session, but
        469 words
      • Article
        New Zealand
        332 28 -22.84 Shares ended lower after the heavy buying of Telecom over recent days dried up and the stock adjusted down accordingly. Telecom ended 16 cents down at NZ55.22 on turnover of NZ514.06 million. A broker said the market naturally centred on Telecom, which had been the subject of
        332 words
      • Article
        Bombay
        93 28 +8.15 Stocks closed slightly higher on buying by financial institutions which brokers said would continue in a narrow range for the next few days. The BSE 30-share Index closed 8.15 points higher at 4,607.32 while the broader 100share National Index finished 14.18 lower at 2,155.06. "With the announcement of
        93 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        795 28 Britannia Funds Sferliat Cash Bid Offer Mim Cap Deposit 38 6400 31 6500 Mim Jeney GUI ***** 0 1992 Mim Mm Income *0 8900 *0 9200 US$ Cash Income Plus Fund *9 5100 ******0 PS S Rmctw Fund *5 3100 ****** Sterling tquity Euro Performance .0.4592 ***** Far East Fund
        795 words
      • Article
        London
        683 28 +17.8 STOCKS bounced back from the declines of the past seven sessions, as an unexpected drop in August retail .sales eased concern that Britain will raise rates. Retail stocks, which stand to lose most if a quick rise in rates squeezes consumer confidence, paced the advance as the FT-SE
        683 words
      • Article
        Paris
        198 28 +24.36 France's main stock index ended 1.3 per cent higher as news from the Philadelphia Federal Reserve in the US quelled investors' concerns about inflation. "It helped the US bond market, and that helped things here," said a trader. The CAC-40 Index closed 24.36 points higher at 1,977.30, pulled
        198 words
      • Article
        Frankfurt
        184 28 11.19 German share prices firmed in late trade on the back of rising bunds and US stocks. Dealers said that the market outlook will be dependent on the "triple witching" today. The DAX Index closed 11.19 points higher at 2.129.36. Bank shares gained on the market's view that US
        184 words
      • Article
        Brussels
        102 28 Trading was halted on the Belgian bourse's CATS elec- Tronic trading system due to technical problems, the Belgian bourse said. Brussels Sep 1$ Frmi FORWARD MARKET ACiFm 2615 55 A«c 2550 Artwd 4700 50 AMur 150 2 Btawin 451 unch jrp.u 5M unck Cock 200 I [> B«r< 774
        102 words
      • Article
        Milan
        189 28 165 Italian stocks gained for the third day as investors bought shares that became bargains after the market's recent 10-day decline and predicted earning reports, due out later this month, will be positive, traders said. "The market's been way oversold, and company profits are growing strongly," said a trader.
        189 words
      • Article
        Johannesburg
        332 28 -32 Stocks were lifted off the day's lows by some lastminute buying ahead of yesterday's futures close-out, ending with mild losses on the back of a lower bullion price. The market appeared to have peaked well ahead of the futures close-out as jobbers squared off their portfolios, dealers said.
        332 words
      • Article
        Amsterdam
        317 28 1.05 Dutch stocks rose for the second time in five sessions, buoyed by a steady dollar and higher prices on Wall Street amid easing concern about interest rates. The EOE Index of the 25 most actively traded stocks rose 1.05 points to at 411.61, amid gains on most stock
        317 words
      • Article
        Zurich
        265 28 -9.1 Switzerland's leading stock index fell, extending Wednesday's losses, after Roche was removed from Goldman Sachs' recommended list. The market also sagged as Nestle reported an increase in first-half net profit that disappointed some investors. The SMI Index of 23 stocks closed 9.1 points lower at 2.628.6 with 12
        265 words
      • Article
        Toronto
        238 28 10.98 Stocks climbed as rallying base metals issues braced up sagging precious metals shares, dealers said. "It looks like metals and mining are charging ahead here," one dealer said. The TSE-300 Composite Index added 10.98 points to 4,356.01 in turnover of 8.26 million shares valued at Csl26 million. Advances
        238 words
      • Article
        New York
        774 28 19.85 The Dow Jones Industrial Average, which climbed 15.47 points on Wednesday, was ahead 19.85 to 3,915.19 at 11am EDT. The key barometer was off 0.67 shortly after the market opened. The NYSE Composite Index was ahead 1.10 to 259.58, while Standard Poors 500-stock Index was up 2.27
        774 words
    • Article, Illustration
      Lock icon HONGKONG
      2746 29 Bloomberg Business News HONGKONG Stocks were mixed as buying on company earnings prospects offset selling on concerns tensions could once again flare up between China and Britain. "The quality of earnings is here," said a broker. "But politics is coming up again." The benchmark Hang Seng Index closed up
      Bloomberg Business News; Source: Bridge Info  -  2,746 words
    • Article, Illustration
      Lock icon CHINA
      512 29 CLSA H SHARES edged up 15.08 points to 1,629.47 in listless trading. Bohai Chemical was up 2.7 per cent on turnover of HKS4B.4 million. Yizheng finished 1.6 per cent higher on light volume. Shanghai B shares slipped 4.41 points to 918.74 in slow trading as investors took profits ahead
      CLSA  -  512 words
    • Article, Illustration
      Lock icon BANGKOK
      1711 29 Reuter BANGKOK Early gains were wiped out by profit-tak-ing on bank, finance and communications counters. The SET Index closed 2.10 points lower at 1,534.04 after gaining about nine points earlier. Turnover was 11.08 billion baht. "It was a technical correction after the stocks rallied strongly in the last two
      Reuter; Source: Bridge Info  -  1,711 words
    • Article, Illustration
      Lock icon JAKARTA
      986 29 JAKARTA Share prices closed flat on moderate volume with local players bidding for Duta Anggada on speculation of a bonus issue announcement ahead of its shareholders' meeting on Sep 26. Brokers said a relatively stable regional market and a rally on Wall Street helped stabilise the market. Smart closed
      Source: Bridge Info  -  986 words
    • Article
      CLOB INTERNATIONAL
      2555 30 Mpyf yolunfiQ MBt Capital 27.465.000 MB!' Hhigs 50c 20.994,000 Multi-P Wt 6.838,000 IGB Corpn TSR 5.*****0 Idns HyJ 50c 5.814.000 Mullt-riMpoac 5.717.000 MBf Hklgs TSR96 5.715.000 Pcgi Msia 5.274.000 Kulim (M) W|99 5.097.000 kamunting 50c 4,628.000 FACB 50c 4.259.000 Antah Hklgs 50c 4.150.000 Hromct 3.107.000 MBt Capital MBf
      2,555 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares rise as election speculation resurfaces
        6238 30 Bloomberg Business News KUALA LUMPUR Stocks rose as election frenzy resurfaced in the wake of Prime Minister Mahathir Mohamad's comment last weekend that he might call an election this year. The Composite Index rose 2.22 points to 1,176.06. The broader Emas Index rose 1.32
        Bloomberg Business News; Source: Bridge Info  -  6,238 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8927 31 i mN "O**" Transaction dale: Sep 13" Gr G* M «l IjiI V«J Da) last Quote Div Di« Md Net Cap A>| High Lo» Company Sak 0001 High Low Ba>rr Seller Or PIt Saiil Price INDUSTRIAL AND COMMERCIAL 1440 83$ mt s Ac ma 1000 -20 66 1020 1000 995
        8,927 words
      • Article, Illustration
        Lock icon Local stocks take a beating despite rise on Wall Street
        1851 32  -  By R Sivanithy SINGAPORE In spite of a further rise on Wall Street overnight, investors yesterday continued to ignore local stocks in favour of Malaysian counters, driving the Straits Times Industrials Index down to its 2,280 support level. Traders said
        Charts by Bridge Info; Source: Bloomberg  -  1,851 words
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      12 21 Dairy Farm sets date for HK delisting as earnings disappoint. Pg 23
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      197 21 NEWS VALUE How today's news mutht affect your stinks IBM to set up a USsloom disk drive plant in S'pore (pg I) Spinoffs for supporting companies in the electronics industry could he significant. S'pore-SuzHou project gets greater powers on investment (pg l) So-called China-concept stocks likely to get a general
      197 words
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      314 24 TOP PRIZES: A 7D/6N French Riviera Holiday plus a the I I r=l| (aik ni \Jm H Monte Carlo Formula I Grand for I I [M II jm H Fly Air France to Paris and Nice plus an exhilarating IM I [31 liß% I U im ride from Nice to
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      49 26 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, caJI Customer Services Section on 1800-749-2577. and ask for home or office delivery service.
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      175 27 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN BAHAMAS JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS GIBRALTAR PANAMA HONG KONG U.K. LTD
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      40 27 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. p STRAIGHT TALK You shouldn't have to read between the lines to get the ful picture. Companies Martets. Everyday BuanessEmes
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      1 29 TOKYO
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      86 30 ■■IHHIHMB mmkum lu VCR (PAIVMESECAM p 37-640 (14* Teletext) f"sfj NTSC playback on PAL. TV) P 37-050 f»?j |y ST *****/8 text (28" Ntcam Stereo) E-72-911 TOP (29* Nicam Stereo) 133'Nicam SKreol i^J D I I nniO y|V ASIA RADIO SINGAPORE PTE. LTD. I Showroom: 298 Beach Road. #81-09/10 The
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      5 30 INVESTMENT Tomorrow in Business Times
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      216 32 U5530,000,000 Negotiable Floating Rate Notes due June 1995 KOREA MERCHANT BANKING CORPORATION In accordance with the provision* of the Notes, notice is hereby given that for the three-month interest period from IS September 1994 to IS December 1994 the Notes will cany an Interest Rate of 5.1875% per annum. The
      216 words
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      625 32 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1298 M THE MATTER Of THE COMPANIES ACT, CAP. SO. ANO IN THE MATTER Of WANG CONSULTANTS (PRIVATE) LIMITED On Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of WANG CONSULTANTS (PRIVATE) LIMITED duty convened and held
      625 words
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      299 32 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 IN THE MATTER OF HARRIS BRUSHES (FAR EAST) PTE. LTD. (In Members' Voluntary Liquidation) NOTICE Of SPECIAL ANO ORDINARY RESOLUTIONS (Pursuant to Section 290(2)(b)J At an Extraordinary General Meeting of the Company held at 9 Penang Road *12-00 Park Mall. Singapore
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      508 32 IN THE MATTER Of THE COMPANIES ACT, CAPS* AND IN THE MATTER OF DK MARINE PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING UP. At an Extraordinary General Meeting of the abovenamed Company duly convened and held X 58A Waltich Street Singapore 0207 on the 9th day of September 1994
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      223 32 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF BUGIS PARADISE SEAFOOD RESTAURANT PTE LTD (M CREDITORS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act Cap.so. that the FINAL MEETING of the members and credttors of the
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  • Shipping Times
    • Article
      S'pore upgrading bunkering services in bid to stay ahead
      608 33 SINGAPORE Singapore is constantly upgrading its bunkering services to maintain its position as the world's top bunkering port. Last year, 16.7 million tonnes of bunkers were lifted by ships. The Port of Singapore Authority actively promotes efficient, reliable and value-for-money bunkering
      608 words
    • Article
      Lock icon PAT expected to scrap three controversial projects
      454 33 The Nation BANGKOK The Port Authority of Thailand's (PAT) board of directors is likely to scrap the dredging and expansion of the Chao Phya river channel and the purchase of the Sundon 9 project, according to a port authority source. The PAT called
      The Nation  -  454 words
    • Article
      Computer system helps PSA in yard planning
      149 33 SINGAPORE One of the computer expert systems which the Port of Singapore Authority uses in its logistics planning is the Yard Planning System. The system's first phase was implemented successfully last November, according to PSA newsletter Portview. It integrates real-time information obtained from
      149 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1092 33 Page Col ABC Containerlinc 16 4 Accord Group 8 1-3 Ahlers Line 13 5 Ahrenkiel Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 17 4/5 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 5 ASCL 5 5 Assist Marine 6 1 Avant
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    • Article, Illustration
      Lock icon Divers find metal pin in probe on ferry walkway
      442 33 AFP RAMSGATE, England Police divers found a large metal pin on Wednesday as investigations began into the collapse of a ferry walkway at Ramsgate, southern England, which killed six people and injured seven. Port officials stressed it was too early to
      AFP  -  442 words
    • Article
      Daily Freights
      1591 34 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,518 on Wednesday from 1,306 on Sep 13. Handy ma* and handy sized bulk earners rates remained firm from northwest Europe, brokers said. Rates for handymax bulk carriers stayed Arm from northwest Europe, brokers said. LD-Seals
      1,591 words
    • Article
      THE SHIPPING GUIDE
      12896 42 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. I FAENb PN: ship calls at Penang
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        539 50 Hn* ity No Both jwW Dqwrturt Vrad Vr No B»tt AnWal Oqwrttft JWM« ftft BMn SottfJ *****- «1* 1109 2030 16-09/2130 *3 1U/1 CI knp* 16.09/1000 BHan S#n43 ****** Ml* 15.09/1900 1509/2000 Bto* Ma* N145 110 **P* 1109/2300 BiUm Sptto *9194* P01* 1109/1200 1109/1300 OC Ik 1
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        CONTAINER SCHEDULES
        1122 50 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookmt/Babnce Rdts SNp Voy No Etb/Btr Period From To From Ao Host 05/B 16/2359 IB 15/1500 15/1659 15/1900 2A 15/1700 16/0659 16/0900 21 15/1700 16/0659 16/0900 3 16/0700 16/1159 16/HOP /Mi
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        TRANSPORT DIARY
        287 50 COURSES Title: lATA-FIATA Basic Air Cargo Rating Duration: Sep 19-24 Organiser International Air Transport Association Tel: For more information contact Laura at 331-0417 or fax: 339-1815. Title: Certificate in Warehousing Operations (SDF 70%) Duration: Sep 19 Oct 24 Organiser Singapore Institute of Materials Management Tet For further details
        287 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Boeing confident of getting orders for 767 freighters
        364 52 Reuter EVERETT, Washington Boeing Co is optimistic it will receive new orders for an average of 15 of its new 767-300 freighters each year up to 2013, a senior executive of Boeing Commercial Airplane Group said on Wednesday. Boeing's 767 freighter programme
        Reuter  -  364 words
      • Article
        Lock icon Boeing continuing large-plane talks with Airbus
        230 52 Reuter SEATTLE Boeing Co is continuing to discuss the possibility of building a super-jum-bo commercial aircraft with European partners despite a proposal by Airbus Industrie to build such a plane alone, a top Boeing official said. Richard Albrecht, executive vice-president of Boeing's Commercial Airplane
        Reuter  -  230 words
      • Article, Illustration
        Lock icon A new link
        45 52 AFP HIROSHIMA The Astram Line, a new transportation system which began running on Aug 20, heading for the centre of Hiroshima city on Tuesday. It is the main transportation connecting the central city area and the main stadium, Hiroshima Big Arch. AFP
        AFP  -  45 words
      • Article
        Lock icon Swissair aims to keep layoffs to a minimum
        440 52 Reuter ZURICH Swissair Schweizerische Luftverkehr AG, which has embarked on a new profit improvement programme, aims to achieve a minimum of layoffs, its chief executive said in a newspaper interview on Wednesday. Swissair's Otto Loepfe acknowledged to bi-weekly Finanz und Wirtschaft that
        Reuter  -  440 words
      • Article
        Lock icon Indonesia to buy 10 jets from Lufthansa
        183 52 AFP JAKARTA Four Indonesian airlines will buy 10 used Boeing 737-200 aircraft from Lufthansa worth almost US$9 million (S$ 13.5 million) each. State-owned leasing firm PT Pann Multy Finance (PT PMF) spokesman Rompis Tobing said on Wednesday that the sale agreement was signed
        AFP  -  183 words
      • LOG BOOK
        • Article
          Lock icon Lufthansa to undergo revamp
          89 52 Reuter FRANKFURT German airline Deutsche Lufthansa AG, which this week paved the way for its privatisation by announcing a capital rise, yesterday announced a complete reorganisation of the group's activities. It said in a statement that from Jan 1, 1995 its freight, technical and systems divisions
          Reuter  -  89 words
        • Article
          Lock icon Qatar Airways to get five new planes
          94 52 AFP DOHA Qatar Airways, a fledgling carrier in the Gulf, is negotiating with European and US companies for five new aircraft to boost its fleet to eight planes, its chairman said on Wednesday. Hamad ibn Jaber al-Thani said some of the planes would
          AFP  -  94 words
        • Article
          Lock icon UK govt to pay £1.7b rail link sweetener
          111 52 Knight-Ridder LONDON The UK government will give at least £1.7 billion (553.9 billion) to the consortium that wins the contract to build the Channel Tunnel rail link, according to Wednesday's Guardian newspaper. The paper cited an unpublished memo it had seen. The
          Knight-Ridder  -  111 words
        • Article
          Lock icon Athens bans private cars
          61 52 Reuter ATHENS Private cars were banned from central Athens streets yesterday to combat a grey-brown cloud of smog blanketing the city and and its ancient monuments. The Environment Ministry issued the ban on Wednesday after air pollution reached high levels and city streets were choked with
          Reuter  -  61 words
        • Article
          Lock icon Kenya to sell shares in state airline
          60 52 Reuter NAIROBI Kenyan President Daniel Arap Moi said on Wednesday that the national carrier Kenya Airways would be privatised this year. The Presidential Press Unit PPU quoted Mr Moi as telling International Civil Aviation Organisation president Assad Kotaite that his government still planned
          Reuter  -  60 words
      • Article
        Mitsubishi, Deutsche Aerospace to exchange staff
        192 52 SINGAPORE Mitsubishi Heavy Industries and Deutsche Aerospace agreed on Wednesday to exchange management and engineering staff on a long-term basis in preparation for future joint development projects. The announcement came after a top-level meeting in Nagasaki, Japan, between Mitsubishi and Daimler-Benz, the parent of
        192 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1422 52 ag nm ro nm n» Afca WmM GA928 2205 MataMa QF8I 1925 QF82 2055 SQ227 2230 toiHrtw KLB37 1450 KL&44 0035 SQ323 1730 KL838 2300 SQ26 2355 SQ348 2250 AflddMrf NZ73 1550 SQ285 2045 BAI2 2200 NZ74 2340 Bairaia GF146 1250 GFI49 0650 B Sari Bagawaa
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        Lock icon VW assured of good foothold in China's car market
        469 52 AFP CHANGCHUN, China Germany's Volkswagen (VW) is rightfully smug about its foresight in teaming up with one of China's biggest car makers in a city angling to be a hub of the nation's car industry. VW's 1990 joint venture with north-eastern
        AFP  -  469 words
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      44 33 THE SPECIALIST IN JgLk WIRE ROPE SLINGS£ LASHING A r testing MATERIALS ft LIFTING Wv *****1 MMTERMARINE SUPPLY CO. (PTE) UD N0.7, Buklt Bate* Street 22. Singapore 2365. Tel: 563 3488 Fax: 963 6811 Boeing confident of getting orders for 767 freighters, Back Pg
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      26 33 Lines and service* represented t > Members of the Registry of Accredited Shipping Agents, Singapore National \vWKy Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      51 33 the JA FAMOUS i mimuk/ ■aamai *****33 For more information please refer to Pg. 13 s:^ r s e *2r V**"'• J Vs^^ •w* *•> r„* 1 "i' .""2-X*"-**^; *V».£s?; ;prs- ***C' r s?/ ssi isss^^^rMiMs LOOKING DEEPER A probe into current market developments. Hock Lock Siew. Everyday. SINGAPORE# Business
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      1983 34 i^J^P¥Twy^, import.... j y—IhAMMBaI —FgSntiATiONH ■^^■HIS&I H P H^ twawowcAuraiwwi wmii »mi ww—«t co*«» tißsaai «SEI DOT STOK U OM *C» 0M HOBTOM CMC WT jgOCTOn «Si STOK WOQt MB MONTEDMEO MO BE MKMO SMMM Mt*A MUMA MMMgM (EJJG./DOT NO LOS ANGEUS [OAKUM VAMCOMtI SEATTLE JTOK CALfORM SATURN Ct 2122.5
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      2092 35 m OOCL PTC LTD JAROINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD. 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 CFS: 03-*****42 mm- CR NUMBER: **********0 C PENANG TEL: *****4 FAX: *****1 IK DOCUMENTATION TEL: *****55 (INWARDS/*****90 (OUTWARD) 'POH TEL: *****3/4 FAX: *****6 CUSTOMER
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      1732 35 ■GjEESSaBBa WEEKLY SERVICE TO FREMANTLE NEXT AVAILABLE SAILING KLANG REEFER V. 9463 ETA SIN 23RD SEPT 94 v Voy ETA ETC FwDoki |>y DESTINATIONS MM M* MARIE MAERSK V 9406 I I tl——Hl—WW—■ CV 20/08 ggoo MRS CPB 19/09 2369 MRS JOH LPK PEN OAK LOB SFO MEM ATL MIA
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      1494 36 I™AQABA R OAM/ [1 ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H'BURG A WERP HAVRE WEST MALAYSIA DftESOEN EXPRESS 18/336 17/9 26/9 03/10 05/10 06/ '0 '0/10 WO Port Kslang, Ponang FRANKFURT EXPRESS 75/137 23/9 06/10 "/'0 09' 10 Pasir Qudaog LUOWIGSHAFEN EXPRESS 15/337 24/9 3/10
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      527 36 EKHH AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi. islamqala (Doqharun) C.1.5./RUSSIA: Vottochny, Vladivostok, Moscow, Baku, TaaltkMt, Irkutak, Alma Ala, Atftgrttd, Dualtanba, Kit* N Koraa: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE VESSEL SIN DKR Bunga Petangi V.2324 20/9 20/10 Ned Asia V.2334 27/9 30/10 Nod Oceania V.2344 04/10
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      1446 36 I NOR ASIA I NONASIA AL MANSOORAH 9436 3 17/09 05/10 09/10 10/10 13/10 14/10 11/10 12/10 10/10 15/10 I SI PMK 437W 19/09 06/10 10/10 11/10 09/10 10/10 10/10 11/10 11/10 13/10 I NORASIA HONGKONG 9439 3 27/09 13/10 17/10 18/10 16/10 17/10 17/10 18/10 18/10 20/10 I NOR
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      Page 37 Advertisements Column 1
      1845 37 STRAITS SHIPPING PTE LTD 10 Hoo Chiang Road #11-01 Keppd Towers Singapore 0208 Td: *****08 Fax: *****17 ■IIMI«IIM»HIMliuMIMIftlMUHIIillM I sjh& NIW QUINBA PACIFIC UNI J 3SSr (A SERVICE of chh<a navigation CO) cMteo due uas O&m STRAITS nun VIBE Muara. LA M PORT It Sap FCL, LCL CONTAINER AMO IMAKMJU
      1,845 words
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      Page 37 Advertisements Column 2
      2770 37 1 m «i n Singapore Agent: I lV\ f jjy|ir/i1 HrrS P*o Container* (Singapore Agencies) Pte Ltd 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 WSiKk First Class Connections WORLDWIDE Tel: 225 2233 Teiex: rs ***** pnocsp Fax: 225 5327 222 7517 CR Number: *****9 *****Z VIIMI vor omi
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      Page 37 Advertisements Column 3
      41 37 0 ORIENTAL LINES [INDIAN OCEAN SERVICE CONTAINER/BREAK BULK ETA ETA ETA ETA ETA BINQAPORE COLOMBO MALE MAHE MOMBASA M.V. ARKTIS LAKE 01/94 21/9 28/9 30/9 M.V. THOR METTE 03/94 26/9 03/10 05/10 Afwits: Inchcape Shipping Services Bookings: *****54/*****98 Fax No: *****88
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      617 38 GENERAL AQ6NT C R. N0:*****61-***** jSwfk EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 ;SALES REPRESENTATIVES IN CHARGE ~HO~CMIMMM CITY I PAOM I HAHPPHOWK/PWtCT MMMYHM I IIWHI ICMLVtN CHAH tIMII MAHftl iHttti T6 VIETNAM/HCMd H C^A»<lß-F»IPgR" prnm™*™ CENTER-POINT > WT 17 LINES msa. mi tniTwt not iiano* 4 ILH
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      Page 38 Advertisements Column 2
      1266 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOt ¥Sl SM LM HAUI St* TVS FOS VS. SM llflC HMA S** Ut NTC HMUN VMKOUVO OIK 23/9 MKCT 13/10 15/10 16/10 HMUM BUSAN 14X 17/9 H AMWCA 017 C 2S/10 21/10 22/10 HANM HAMBURG
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      19 38 SPORE IBN AL ROOMI OC-191 25 SEP To Bucnavtntwa/Barranqußa/Santa Marta/Cartafona/ Santo Doninfo/ Pto Quotial/Acajutla/San lorewo/Cortito/Pto CaMara/la Guaira/ hiorto Cabolo/Cristobal/Battoa
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      Page 38 Advertisements Column 4
      1387 38 iVi -J .T_J -J -TT^^~ m 1 ■> I I 9MMM M t IrustrnsiMAtrvs «r on kt au tto uu ae ml rc im mummw k n ai m I i ami k«4 u/» »/9 it/« m vio «/u vio vio ;/m vio li/io i/u vu «/n u/u ivn u/n
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      2203 39 II CALIFORNIA SATURN 68E' ETA sgp 2V09/94 II H wjfem II ARRIVING LOS ANGELES 08/10/94 IN 16 DAYS H WlwlWir II 'CALIFORNIA ZEUS 57E'ETA SGP 2V09/94 II II II ARRIVING NEW YORK 15/10/94 IN 23 DAYS IXPMT TO: nw/pftw 6MWOW CAUfOKHIA IXPMti (MX) TO! UtWC U* OVLf WIOWWT UttC CMIADA
      2,203 words
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      Page 39 Advertisements Column 2
      981 39 A I MULTILINE SHIPPING PTE LTD I: W (a member of SIKSOV Group) CR NO: **********0 C ENQUIRIES: *****33 X BOOKINGS: *****64, *****51, *****31, *****13 > BALTIC: INWARO *****97 OUTWARD *****10 T/S *****10 ik.v /A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****57
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      1497 40 44 AS AGENTS: "K" LIME (SM6APQM) PTC LTD (0 Hfc **********0H/GST REG 10: M 2-*****99-6) TEL: *****77 TELEX KAWAKI R*****5 FAX: *****16/7/8/9 i Mi* MALAYSIA: "IT IME MAJtfTIMI (MALAYSIA) SON BNO I W* TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 1 INDONESIA: P.T. SAAAMA LAUT NfTCRNUSA,
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      1245 40 @A PPENS HI P A i HAMBURG W \J CONVENTIONAL ft INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA ANO FAR EAST KSSH-S LOAttNG POUTS DtSCHAJtGf LOAOMG FOX CARWtAM VENTSPILS 06/06 MAM o#/06 ANTW 13/06 f GUOANG 13/08 SPORE 16/09 «*>A t«AM KLAIPEDA 24/06 HAM 26/06 SPORE 27/0# BKK 02/10
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      988 41 PACIFIC INTERNATIONAL LINES (PTE) LTD T 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I CR NO: 100e*****00E VESSEL VOY SIN BKK SIN VESSEL VOV SIN JKT SIN KOTA SABAS SSSO3I 18/9 21/9 2S/9 KOTA INOAM 1DM023 19/9 21/9 23/9 -K. SUANA (BMT/LCH) 8NA033 20/9 23/9 27/9 KOTA INTAN
      988 words
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      938 41 ypy %m If mm Howe ihams Koutwwm animw W K CAMMA COSW 70/09 11/10 12/10 IVIO 17/10 win oc warn soSH n/n n/to wo 22/10 23/10 Win P AQUKA tM 04/10 «/10 27/10 29/10 30/10 01/11 win p htm»a hosn 02/11 Q3/n ovu os/n o»/n •*ISO ACCEPTMG CARGO 10 ALL
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      792 41 1 BSfl a M MYANMA %SBBk five star line V (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf MP* AN V2O4W Sid SM MYOMAYWA VIS3W SM In Port SITTOT V64W 26/27 Stp MALAYSIA AGENTS BOUSTEAD SMPPMG AGENCES Ml: 111 03-*****00 PHI: TU 03 *****67 PEN: IE 04-61(135
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      1598 44 Singapore's Cooora/ Agtmtx Ttl (Cooor«flt *****00 S*i—/B—klmf Atone? o«pt. COSTAR SHIPPING PTE LTD Ft *****99 < mU *?r WSSUSi 4 Coofafaor Src */L- *****02 OtorotJoß Cootatoof. *****J 5 c S*M«M Ww *17-08 Tthic ***** COSMIP 9 Mk *****95 COBTOB«OOJ/: *****49 DBS BUg Towtr 2 CR No: **********0 M *£J&222L. Br,skb*lk
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      313 44 KMB. VOY JAKARTA MK BANGKOK MAMLA GUAM SATAN I KYOWA ROSE M SEP 24 SEP 28 OCT 4 OCT 10 OCT 20 I ASIAN HMSCUS 3 OCT 13 OCT 10 OCT 20 OCT 31 NOV 2 j (REEFER CONTAINER AVAAAfILE) [VESSEL VOY HA STORE GUAM (T/S) R«T1« KYOWA ROSE M
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      Page 44 Advertisements Column 3
      1356 44 FOR BOOKING 1800-*****00 (TOLL-FREE) O*JT»OUMO PHI PEN WH SW KG MO TAI KEE YOK T»r MC not a» MO) as WW HAI 206/NO3B IS/OS 16/09 IHB/09 22/09 24/09 27/09 03/10 04/10 06/10 ww HAI 222/NOO3 18 Q9~ 20/09 20 21/09 25/09 21/09 28/09 St* RANGER NO4? 18/09 19/09 21/09 22
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      692 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 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/PI 23/9 SYDNEY/MELBOURNE 18/9 NEW YORK/EC 22/9 FREMANTLE/ADELAIDE 18/9 VANCOUVER 23/9 BRISBANE 23/9
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      1610 45 MMjMBBB& VEIML WOY SIN JUT H m vemb. vov mn pen Hi BHimi ni.nn 77? r~ -H®- B. TERATAI TEROO3 Sun :1M To. I 20/0 W vessel vov bhatha hum <ts bm 17/t Tin 20/1 1 p,,. n— -^r* ~=tt"ntr Hi NAHTA BHUM 211N S*t 17/» Tim VIRA BHUM 10M
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      1552 46 PEN PKL SIN 5 S/ULWGS/WEEK PEN PK SIN 17/9 18/9 19/9 HKG/BKK/KEE/KHH Genoa/Barcelona/Marse«es 22/9 23/9 24/9 19/9 20/9 21/9 HKG/BKK/KEE/KHH G'burf/CTiafen/S'holm/Oslo 23/9 24/9 25/9 21/9 22/9 23/9 HKG/BKK/KEE/KHH P*»eus 16/9 17/9 18/9 RFPFIUINr Ldn 'Fl V ßtn V Ant/Ham/Leh 18/9 HONGKONG/BANGKOK/PUSAN JPN/KOREA/MANILA PORT KELANG/PENANG/P. QUDANQ Manila/Cebu 21/9 22/9 23/9 KEELUNQ/KAOHSIUNG
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      Page 46 Advertisements Column 2
      194 46 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ll* IM ll* sron ran hums pinmk am mix 30/9 loading tw fe* RUVN MJDHU 2i 9 Loadin| tof Dub* oomw 23/9 20'9 I'l Loadtof For Malt PUICU SUWMI 24/9 Luadmg fix Male UMMUM SMLIO Loadifi Fw Male rtOOttSS IStlfY SMLID M
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      Page 46 Advertisements Column 3
      798 46 I JL THONG SOON LINES PTE LTD f I f VirN 78 SHENTON WAY #10-01, SMGAPORE 0207 iZ I V/ V/ TEL: 227-5088 FAX: 227-6011 I" I TLX: RS ***** CARRER, RS ***** JEMHOC CABLE: TOSOCO I MJ"fW|T9^f]VSnVVVy9 I TTPTVnT3nHHH^^H^HH II f9f I^VWnrW^VmfVfW9nVIPV99HHH' > SINGAPORE TO SARAWAK SINGAPORE TCTTHAILAND TOT
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      652 47 rWgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE «CC£PTH6 BKMBUK SOC CMGKS TO/FMM XOK. YOKOHAMA. NAGOYA, »l. TOKYO*. MANLA* DAVAO*. Pwwnf* P. Keiarif Seaport EMsu* (AMALEVERETT *22E hi Pt/16 S«pt— •WUEYERETT V22E 27/21 Sept JAMHEWRETT VI9C 18/17 Oct lt/19 Oct 4CC&TMG NEAMUU/FCI/SOC CAHfiOtS TO/FtOM CWTTMONG. CALCUTTA ye mmoj*. Sftfipart P. Kitan*
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      240 47 Pi M.OHY unkim caouT^ REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VIH 23/9 24/9 25/9 GLORY SELATAN XI 14/9 23/9 SP KOMPONG SOM GLORY SELATAN V 13/9 16/9 LMER SERVICE USA, VANCOUVER, VERACRUZ TO
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      551 47 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VOY SM KARACH MX AN 130HW 10J 20/9 HYDERABAD 133-HW 23/9 2/10 SARGOCHA 147-HW 10/10 20/10 MAKRAN 151-HW 20/10 29/10 FAR EAST CONTAINER SERVICE ONLY siT" K6 BSN OS* NAG YOK mi m-ow «/io lz/io u/io u/io 20/10 22/10 HYDERABAD 134-OW
      551 words
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      Page 47 Advertisements Column 4
      651 47 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO SOUTH AFRICA VESSEL/ VOYAGE SM OUN JNB- PU CPT* BEW MPMXAN HE 86 25/09 OS/IO 11/10 30/10 OS/10 12/10 IS/10 31/10 ►M ME/108 OS/IO 23/10 37/10 OS/11 23/10 3S/10 04/11 06/11 TIMi/102 33/10 OS/11 00/11 16/11 06/11 OS/11 13/11 IS/11 SMM HE/107 OS/11 IS/11
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      Page 47 Advertisements Column 5
      266 47 SIN FAR EAST 20/09 KEELUNG/KAOHSIUNG 18/09 BANGKOK 18/09 MANILA/CEBU 18/09 JAKARTA/BELAWAN/SURABAYA 18/09 PORT KELANG/PENANG/E. MALAYSIA 21/09 BUSAN 18/09 TOKYO/YOKO/KOBE/NGO/OSA 21/09 HONG KONG S|N CHINA 21/09 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU XIAMEN /SHANTOU/ SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 19/09 LDN/FLX/LVP/SOU 19/09 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. Si USA/CANADA
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      Page 48 Advertisements Column 1
      689 48 PHI LI ORIENT LINGS PU LTP 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Keiang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0*^ wft &12J Qf A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION 23 SEP SYDNEY, MELBOURNE, BRISBANE, FREMANTLE 21 SEP AUCKLAND,
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      Page 48 Advertisements Column 2
      390 48 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 21 SEPT (Accepting to afl Nm Zsstend ports) PENANG 23 SEPT JAKARTA 18 KPT PORT KLANG 22 SEPT BANGKOK 29 SIPT MELBOURNE 28 SEPT SYDNEY 28 SEPT BRISBANE 26 SEPT FREMANTLE 29 SEPT ADELAIDE 28 SEPT I^^BOT«nburll^^^2Tsept^^^| 'ACCEPTING TO ALL SCANDINAVIA PORTS
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      Page 48 Advertisements Column 3
      408 48 CONSOLIDATION TO BUSAN FIRST FORWARDER IN OFFERING TWICE WEEKLY LCL SERVICE TO BUSAN Call SANISA at DID: 770 5014 for bookings NOW!!! V/b £1 Singapore 778 6522 *****38/*****36 fill Also has offices in:- MD IOGBTiCS SERVICES UflLr MALAYSIA THAILAND PHILIPPINES Q2S >#r HONG KONG VIETNAM INDIA TAIWAN BRUNEI CHINA laraofiulf
      408 words
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      Page 49 Advertisements Column 1
      2309 49 /2§n CEYLON SHIPPING CORPN (Sgß) National Una of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS H| I Wit imlia li>|aHH« ahb SS /W 1/w w/ U/ nm a sawta wm mm »i/n n/i* p/h a/u »/n WO»Aa» HBWMK IHM 3 84/10 »«/t« 17/10 11/11 mit phqmu mm
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      Page 50 Advertisements Column 1
      413 50 BBDHBi SHUTTLE SERVICE SINGAPORE/PORT KLANQ/SINQAPORE 3INQAPORE/PENANQ/BINQAPORE VESSEL I VOY I SW PW. VESS& VOY I SW PEN XOUR IAVA ****** 13/9/94 (Tig) 15/S/S4 (THU) MCC CONVEYOR 9443 14/9/94 (WED) 11/9/94 (FW) MCC CONVEYOR 9443 14/9/94 (WED) 15/9/84 (THU) XOH MTA *****W 11/9/94 (FW) H/9/94 («W) wean SW6APORE *****N li/9/94 (FW)
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  • Page 50 Miscellaneous
    • Miscellaneous
      Page 50 Miscellaneous Column 1
      560 50 TOOArS TIDES (height in metres) HOUR MOO OIN 1201 0310 04M 9500 0600 0700 MM OMO 1100 1100 1200 13M 14M ISM ICM 17M IMO IMO 2000 21M 22M 23M 1« 10 0 S 0 6 0 6 0 < 12 16 19 2 2 2.2 2 0 1J U
      560 words
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      Page 51 Advertisements Column 1
      925 51 ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 |pHA* rp«* WO* VESSELS VOT SM RTM I ANT* L£H* HAM BKi fcTI 14/09 16/09 17/09 MMMX 312* 19/09 07/10 09/10 10/10 09/10 09/10 11/10 21/09 23/09 24/09 H. MNOVATOR 311W 26/09 14/10 16/10 15/10 16/10 16/10 11/10 2t/09
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      Page 51 Advertisements Column 2
      466 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO i HEAVY LIFTS HBOUHP VESSELS VESSEL «OT SP PI KUC U MM HI OWN! UY 2 SM 17/$ SEJU AKEBM 17 SU ta PI KEBMUN 32 hPI 11/1 SOMM IJ/9 21/9 KOUSHM 4) »/J I *OW) 1M 25/* 27/» OUTBOUND VESSELS SP KUCNMC
      466 words
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      Page 51 Advertisements Column 3
      969 51 ■p f J ijMi'" M[ —V 1 a. I I JEDDAH/UK/CONTNENT STORE 'ED S'TON WBURS ADAM LEH AM* AcctptN C«m F«: OMSBEN EXPRESS 11/134 17/* 24/J VII A/10 10/10 12/10 fT MMMRnI «t«wl rt PM* FRAMFIMT EIPRESS 7S/U7 22/9 A/10 11/10 11/10 MtarteT :t. M Anhmp ta-JETO+ HMMu LIDNKSNAFEN EIPRESS
      969 words
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