The Business Times, 6 October 1994

Microfilm: NL19582
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times MITA(P) 010/12/93 Thursday October 6 1994 WE KNOW ASIA 15'
    13 words
  • 2 am LATEST
    • Article
      Lock icon Taipei stocks expected to fall
      51 1 Bloomberg Business News TAIPEI Taiwanese stocks were expected to slump after the bourse said it suspended two brokerages that were unable to pay it NTS 1.3 billion for trades due to be settled yesterday. The brokerages are expected to default by the same amount again
      Bloomberg Business News  -  51 words
    • Article
      Lock icon US economy solid
      37 1 Bloomberg Business News ATLANTA Federal Reserve Board Governor Lawrence Lindsey yesterday said the US economic expansion was firmly entrenched, and he signalled that investors should not fear that inflation was about to accelerate. Bloom-
      Bloomberg Business News  -  37 words
  • Article
    MARKET SUMMARY
    166 1 Stock market indices Wednesday Change STII 2,380.83 +10.27 KLSEComp 1,133.72 +8.06 Nikkei 19,751.55 +182.94 Hang Seng 9,298.36 -205.76 SET Index 1,492.89 -8.04 Jakarta Comp 503.64 +4.21 CLSA China B ....1,176.20 -24.14 Aust All Ord 1,979.8 -18.2 FTSE 100 2,956.3 -45.5 Wednesday Previous 2 pm EDT close Dow Jones
    166 words
  • Article
    Singapore's wage spiral easing, survey shows
    499 1  -  By Ven Sreenivasan SINGAPORE Singapore's wage spiral may be moderating, according to a recent survey by US consulting/actuarial firm Hewitt Associates. The 1994 survey of 101 companies here suggests that the growth in the overall pay package for professional staff, managers and supervisors, clerical/technical
    499 words
  • Article
    MAS again warns on credit card ads
    348 1  -  By Catherine Ong SINGAPORE With the expiry of a 30-day moratorium on credit card advertisements, the Monetary Authority of Singapore (MAS) has again warned banks against promoting consumer spending. At the same time, the banking regulator is looking into curbs on personal loans
    348 words
  • Article
    Lock icon Dow plummets as US factory orders soar
    401 1 AP Reuter NEW YORK The Dow Jones Industrial Average sank by more than 50 points yesterday after the Commerce Department announced that orders to US factories soared 4.4 per cent in August, the biggest gain in nearly two years. As traders sold ofT
    AP; Reuter  -  401 words
  • Article, Illustration
    S'pore insurers urged to avoid suicidal rate competition
    443 1  -  By Soh Tiang Keng SINGAPORE Insurance Commissioner Lim Shu Chiau has warned general insurers in Singapore not to fall into the "trap of suicidal rate competition" which has led to the downfall of many insurers in other countries. Opening the 4th Asia-Pa-cific
    443 words
  • Article, Illustration
    Insas expected to buy 30pc stake in Ayer Molek
    665 1  -  By Amy Balan SINGAPORE Control of Ayer Molek Rubber Co Bhd, a smallish plantation company caught in the thick of the Rakyat Merchant Bankers loan scandal, is about to change hands again. Sources close to the company said Insas Bhd. one
    665 words
  • Article
    Lock icon Gordon Wu in US$ 7.5b power deals
    156 1 Reuter ISLAMABAD Pakistan will sign deals worth at least US$7.5 billion (Ssll.l billion) with Hongkong-based tycoon Gordon Wu for what one official said could be the world's biggest private power project. "This is another historic landmark by any standards," Prime Minister Benazir Bhutto's
    Reuter  -  156 words
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      148 1 CO-2233: Removable CO Tuner wtti DSP Sound Processor/CO Changer Controller FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone: *****33 Kuala Lumpur: Phone; 757 0233 Penang: Phone, 615 985/619 014 Jakarta: Phone. *****9/*****8 L CONTENTS STpixe News 2 fpoJSrsa* 1920,21 Regional News 3,4,6 Financial 23,24 World News 7,8 Features Mari»®ts
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      8 1 Innovation: Pg is Sisir packs a good service
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      10 1 Hock Lock Siew: Pg 19 Caution over some China stocks
      10 words
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      187 1 Bottom Line: Pg is V\ v Asia's role in New Middle Satisfying India's burgeoning demand for electricity, Pg 17 THE PRESIDENTIAL COLLECTION. LgpAi Liml gSSoS£?TBB Model President I: Executive Office System in elm burl with inserts in black leather Madrona burl, ebony burl or other precious exotic woods are availaNe
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Interest in stocks on the uptrend
        293 2  -  By R Sivanithy TRADING in the local stock market rose marginally last month after a sharp pick-up in August. The main board and Clob International in September traded 5.4 billion units valued at $14.7 billion, compared with $13.5 billion done in August and $5.8
        Source: Investamatic  -  293 words
    • Article, Illustration
      Lock icon Ginza Plaza tenants threaten shutdown
      537 2  -  Landlord promises to consider rents row on case-by-case basis but tenants want more By A J Leow SOME tenants at Ginza Plaza shopping centre in Clementi are threatening to close their shops for up to a week in a bid to force their landlord to
      Photo by Arthur Lee  -  537 words
    • Article
      S'pore gets own byte of Apple with launch of first fully local-designed PC
      331 2  -  By Joseph Rajendran US multinational Apple Computer yesterday launched its first completely locally designed PC, built partly with funding from the governmentlinked National Science and Technology Board. The company's Singapore subsidiary, which has a manufacturing plant at
      331 words
    • NEWS ROUNDUP
      • Article
        Telecom extends ISDN to Malaysia
        101 2 SINGAPORE Telecom said yesterday it has made its Integrated Services Digital Network (ISDN) service available between Singapore and Malaysia. The service is available to Kuala Lumpur, Penang, Johor Baru, Kuching and Kota Kinabalu, and will be extended to other major Malaysian towns at a later
        101 words
      • Article
        Boom in building materials exports
        67 2 SINGAPORE'S exports of construction and building materials hit 579.1 million in the first half of the year, just short of the figure for the whole of last year. In 1993 exports had reached 585.1 million, the Trade and Development Board said yesterday. Vietnam's growing construction
        67 words
    • Article
      416 HDB rental flats for sale in third batch
      297 2  -  By Abdul Hadhi THE Government is selling a third batch of rental flats in December at prices ranging from $21,000 to $32,000 before discount. The Acting Minister for National Development, Lim Hng Kiang, said yesterday the sale to tenants would involve
      297 words
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      264 2 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Sen/ices Section on 1800-749-2577, and ask for home or office delivery service. FINANCIAL
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      21 2 PORT SHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. SINGAPORE f 1 Business Times WEKMOWASM
      21 words
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  • SOUTH-EAST ASIA
    • Article
      US pledges support if Suharto goes for open markets by 2020
      411 3  -  Apec trade ministers' meeting Reports by Yang Razali Kassim in JAKARTA THE United States will back President Suharto if he decides to go for free and open trade in the Apec region by 2020. But Indonesian officials are keeping
      411 words
    • Article
      Key players absent, EPG report slows progress
      544 3 JAKARTA There will be some important faces missing from an Apec ministerial meeting scheduled for today. Eighteen ministers for trade from Apec economies, including new member Chile, were supposed to meet here to prepare for a ministerial meeting in November, just prior to
      544 words
    • Article
      Indonesian cement producers to ignore price ceiling
      366 3  -  From Leslie Lopez in JAKARTA THE Indonesian Cement Association has decided to breach a state-imposed ceiling on prices. In a move criticised by government legislators, the association has said the retail price of cement will be raised to 7,100 rupiah (554.83) per 40
      366 words
    • Article
      Lock icon Promote brand names abroad: Rafidah
      101 3 Bernama KUALA LUMPUR Malaysian manufacturers should continuously promote and expand overseas the range of their Made-in-Malaysia goods, International Trade and Industry Minister Rafidah Aziz said yesterday. The promotion of Malaysian brand names would help capture consumer loyalty to specific local products, and directly, increase exports
      Bernama  -  101 words
    • Article
      Lock icon Umno to ask Rahim not to contest polls
      101 3 Bernama KUALA LUMPUR Malacca Umno Youth has agreed to ask Malacca Chief Minister Abdul Rahim Tamby Chik, who is under police investigations for his alleged affairs with an under-aged girl, not to contest in the next general elections to ensure victory for
      Bernama  -  101 words
    • Article
      Lock icon Reforesting the Philippines
      98 3 AFP MANILA The Philippines' Department of Environment and Natural Resources yesterday defended its reforestation record, saying that since 1988, it had reforested 75,600 hectares of land annually. This was an improvement over the 10,500 hectares reforested annually during the mid 1980s, the DENR said as it denied
      AFP  -  98 words
    • Article
      Lock icon Japan to help Malaysia study haze
      83 3 AP KUALA LUMPUR Japan will help establish an environment centre to study air pollution in Malaysia, where many parts have been blanketed by haze for the past two months, the Japanese Embassy said yesterday. The programme will be run by the Japanese International Cooperation
      AP  -  83 words
    • Article
      Lock icon Manila urged to ease policy as inflation falls
      253 3 Reuter MANILA A sharp drop in consumer inflation in the Philippines brought relief to government economic managers yesterday but fuelled scepticism about the government's economic programme. "What's so unusual about it? It was expected to move that way," acting Central Bank governor
      Reuter  -  253 words
    • Article
      Lock icon Thai police seek approval to arrest former chief
      169 3 Reuter BANGKOK Thailand's police department yesterday sought government approval to arrest former national police chief Prathin Santiprapob in connection with the long-run-ning scandal over the thefi of Saudi jewellery. Mr Prathin, who retired last week, has been accused by a senior police
      Reuter  -  169 words
    • Article, Illustration
      Lock icon Eye on the sky
      56 3 Reuter JAKARTA Indonesian President Suharto (left) trying to get a better view of a flypast by fighter jets during a ceremony to mark the Indonesian Armed Forces' 49th anniversary yesterday. Mr Suharto, addressing soldiers at the celebrations, said that the Armed Forces played an important political
      Reuter  -  56 words
    • Article
      Lock icon Suharto approves plan to privatise state broadcaster
      249 3 Reuter AFP JAKARTA Indonesian President Suharto has approved in principle a plan to privatise the state broadcaster, TVRI, to improve the quality of its programmes and management, the Antara news agency said yesterday. Administrative Reform Minister Silalahi T B quoted Mr Suharto as
      Reuter; AFP  -  249 words
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      167 3 t L»3 Vie, Ms ein nn fIE np.. HHr.BV I PH?"' VAhMu^ PP«£ An international center of expertise and deci- Yes, I would like to know more about establishing a sion-making, Geneva has the added advantage com P an ln Ceneva please send me ,urther det f£ of being highly
      167 words
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  • CHINA/HONGKONG /TAIWAN
    • Article
      Patten reaches out to China in third policy speech
      664 4  -  From Lim Soon Neo in HONGKONG HONGKONG Governor Chris Patten yesterday made conciliatory gestures to improve Sino-British relations and promised more support for social welfare and housing in his third policy speech. In his speech "Hongkong: A thousand days and beyond"
      664 words
    • Article, Illustration
      Lock icon All glued to the Big Blue
      37 4 Reuter BKIJING Visitors to the IBM Information technology Forum at a Beijing hotel yesterday watching an on-screen demonstration of IBM's smart card. The card has several applications, among them banking. Reutcr
      Reuter  -  37 words
    • Article
      Lock icon Beijing to ease macro-economic controls: report
      202 4 AFP HONGKONG China, seeking to avert a slowdown, plans to relax the macro-economic controls that it adopted a year ago in the hope of cooling its overheating economy, the independent Chinese-language Ming Pao newspaper reported yesterday. Quoting reliable sources in Beijing, the paper said
      AFP  -  202 words
    • Article
      Lock icon US to lift technology bans in exchange for China missile vow
      406 4 The Washington Post WASHINGTON The Clinton administration has agreed to lift bans on an array of hightcchnology sales to China in return for a new Chinese promise not to peddle medium-range missiles abroad. China made the pledge, in an
      The Washington Post  -  406 words
    • Article
      Lock icon Shanghai stocks dive on Deng's health rumours
      253 4 Reuter SHANGHAI Rumours about the health of Deng Xiaoping. fuelled by his failure to appear during National Day festivities, helped send Shanghai's class A index for local investors diving yesterday. Unsubstantiated reports that China's paramount leader is seriously ill frequently rattle the bourse,
      Reuter  -  253 words
    • CHINA WATCH
      • Article
        Lock icon Indonesia reassures China over invite
        92 4 Bloomberg Business News BEIJING Indonesia has reassured China that it won't invite Taiwan's President Lee Teng-hui to attend next month's Asia Pacific Economic Cooperation forum meeting in Bogor. China demanded the reassurance before confirming that its President Jiang Zemin will attend the meeting, said an
        Bloomberg Business News  -  92 words
      • Article
        Lock icon Taiwan, French firm in Viet oil deal
        142 4 AFP TAIPEI Taiwan and French firm Total are to jointly sign a US$l.25 billion (551.85 billion) contract with Vietnam for the construction of an oil refinery there capable of producing 130,0 CX) barrels of oil per day, officials said here yesterday. A delegation
        AFP  -  142 words
      • Article
        Lock icon Inflation in Taiwan surges
        111 4 AFP TAIPEI A rise in school fees in Taiwan and a present spree for the recent Chinese moon festival pushed the annual inflation figure for September up by 6.68 per cent, the government said yesterday. The Directorate General of Budget, Accounting and Statistics said the consumer
        AFP  -  111 words
      • Article
        Lock icon Food prices fuelling China inflation
        112 4 Bloomberg Business News BEIJING An official Chinese newspaper says inflation in the country has not been curbed, and consumer price rises will reach 22 per cent for the whole year if present trends continue. Food price rises accounted for 70 per cent of the inflation
        Bloomberg Business News  -  112 words
      • Article
        Lock icon Taipei warned of Gatt farm harm
        68 4 AFP TAIPEI Domestic marine and farm industries would lose at least NT527.6 billion (551.53 billion) through decreased output in the year following Taipei's admission to the General Agreement on Tariffs and Trade, a report said yesterday. Tariff cuts and the removal of trade barriers
        AFP  -  68 words
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      285 4 H Singapore and Bayview Inn, Singapore The Grand Chateau, Mount Ruapehu, »,i x t ri 1 1 New Zealand 5« New Zealand ax-, j* > e»88^8^B i itiin I o rdi n3.r r wo r1 d The City Bayview Hotel, Penang, Malaysia Wairakei Resort, Taupo, New Zealand when you stay
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      189 5 Citibank introduces a few features NO OTHER CREDIT CARD CAN OFFER. sK»^S^BjßjjMpsjS3EiSj^^Bß|HßjßttjS YOUR VERY OWN. Introducing the Citibank Photocard. The only Your signature will also be digitally imprinted on credit card that gives you a chance to have two of your the front of the card using a special machine
      189 words
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  • REST OF ASIA
    • Article
      Lock icon Tokyo will fight any unilateral US action in cars, parts trade: Murayama
      468 6 Reuter Bloomberg Business News Knight-Ridder TOKYO Prime Minister Tomiichi Murayama warned that Japan will fight any unilateral US action against Tokyo in cars and car parts trade an area still under negotiation. Mr Murayama said it was "highly
      Reuter; Bloomberg Business News; Knight-Ridder  -  468 words
    • Article
      Lock icon S Korea to lift foreign stock ownership ceiling to 15pc
      331 6 AFP SEOUL South Korea is to raise its current 10 per cent ceiling on foreign ownership of stock by 2 per cent before the end of the year, and by a further 3 per cent during 1995. "The 10 per
      AFP  -  331 words
    • Article
      Lock icon Fujitsu's telecom plans in India encounter some interference
      461 6 The Nikkei Weekly TOKYO Fujitsu Ltd's plans to gain a foothold in India's booming telecommunications industry have encountered some unexpected interference price competition from Europe and the United States. Fujitsu has been a front-runner in India's tele-communications-equipment market, which is expected to
      The Nikkei Weekly  -  461 words
    • Article, Illustration
      Lock icon Japan, Taiwan get tremors but Pacific spared tidal wave
      352 6 AFP TOKYO Japan and Taiwan were jolted early yesterday by tremors that followed the massive earthquake off Hokkaido on late Tuesday, but the Pacific's coasts were spared the feared inundation by a quakegenerated tidal wave. An undersea earthquake measuring 5.8 on
      AFP; Reuter  -  352 words
    • Article
      Lock icon Plague to cost India US$ 300m in lost exports
      233 6 Reuter NEW DELHI Foreign quarantine against plague-hit India will cost the country at least US$3OO million (***** million) in lost exports, the Commerce Ministry said yesterday. Commerce Secretary Tejendra Khanna told state-owned Doordarshan television that agricultural exports were the worst hit
      Reuter  -  233 words
    • ASIA NOTES
      • Article
        Lock icon Fishing boat sinks after Russian attack
        103 6 AFP TOKYO A 4.9 tonne Japanese fishing boat has sunk in waters near the Kuril islands after being fired on by a Russian patrol ship, Russian sources were quoted as saying yesterday. The No 68 Horai-Maru sank on Tuesday near Habomai, one of the
        AFP  -  103 words
      • Article
        Lock icon Murayama urged to hold elections
        85 6 AFP TOKYO Former PM Tsutomu Hata yesterday urged his successor Tomiichi Murayama to hold general elections as soon as electoral reforms are passed, saying the public was not consulted on the formation of Japan's ruling coalition. "The prime minister should dissolve the Diet without any
        AFP  -  85 words
      • Article
        Lock icon India's forex reserves double
        62 6 Bloomberg Business News BOMBAY India's central bank, the Reserve Bank of India, has announced that its foreign exchange reserves, including its stock of gold and its special drawing rights from the International Monetary Fund, stood at U5522.64 billion (5533.51 billion) on Sep 23, says the Economic
        Bloomberg Business News  -  62 words
      • Article
        Lock icon Seoul declares boycott over sea title
        78 6 AFP SEOUL South Korea will boycott all international conferences that officially describe the waters between Japan and the Korean peninsula as the Sea of Japan, officials said yesterday. "A decision was made on Sep 26 at a meeting of government agencies to stay away
        AFP  -  78 words
      • Article
        Lock icon Japan's VCR, TV exports rise
        90 6 AFP TOKYO Japan's exports of video cassette recorders and colour TV sets rose in August, buoyed by increased shipments to the US and Hongkong, an industry group said yesterday. The Electronics Industries Association of Japan said exports of VCRs rose 4.9 per cent in August
        AFP  -  90 words
      • Article
        Lock icon 630 trillion yen for public works
        82 6 Bloomberg Business News TOKYO The Japanese government will propose spending 630 trillion yen (559.31 trillion) on public works over a 10-year period beginning in the next fiscal year to upgrade the nation's infrastructure, the Nihon Keizai newspaper reported. The proposed public works war chest
        Bloomberg Business News  -  82 words
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      147 6 tinfroducinQ PERFORATED I SSIL ATURE U Your signature is the key to your bank account. Virtual| y anyone can copy your signature within minutes by using a light box. What will happen if your signature Legal suit is costly, both in time is forged on a stolen blank cheque and
      147 words
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      231 6 Editorial: A kinder, gentler Kantor, Pg 16 THE UNIVERSITY OF HULL England 1927 MBA I E3 "OVER 100 GMs, MDs, ClOs ALREADY IN THE PROGRAMME!" WM "ONE OF THE MOST ESTABLISHED IN SINGAPORE" ■H First to offer TQM and a Systems Approach to Creative Problem Solving the management philosophy of
      231 words
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  • THE WORLD
    • Article
      Lock icon White House says export drive has netted billions in sales
      394 7 Reuter WASHINGTON The Clinton administration said yesterday its aggressive, year-old export strategy has clinched billions in new business and should ensure that overseas sales top US$l trillion (551.48 trillion) by the year 2000. "We are well on track. In fact,
      Reuter  -  394 words
    • Article, Illustration
      Russians ponder royal swap for woeful rulers
      613 7  -  From John Helmer in MOSCOW BEFORE Russian President Boris Yeltsin left for recent summit meetings in London, New York and Washington, there was a public squabble among his advisers. The losers the President's foreign policy adviser, press spokesman and speechwriter were dumped from
      613 words
    • Article
      Lock icon Dallas Fed head welcomes healthy economic growth
      447 7 Bloomberg Business News EL PASO, Texas The Federal Reserve is not afraid healthy economic growth will spark an acceleration in inflation, says Dallas Federal Reserve Bank president Robert McTeer. Unfortunately, Wall Street does not share that view. "Things look pretty good," Mr McTeer
      Bloomberg Business News  -  447 words
    • Article
      Lock icon Fed rate rises cloud perception of recovery
      431 7 Bloomberg Business News WASHINGTON The Federal Reserve's five interest-rate increases this year are at least partly responsible for Americans not giving President Bill Clinton credit for the nation's strong economy. White House Chief of Staff Leon Panetta said on Tuesday: "There are a
      Bloomberg Business News  -  431 words
    • WORLD WATCH
      • Article
        Lock icon EC re-imposes duties on Asian textiles
        90 8 Reuter BRUSSELS The European Commission said it was re-estab-lishing with immediate effect import duties on textiles and clothing originated in India, Pakistan, Indonesia, Thailand and China. It said in a statement published in the European Union's Official Journal duties were being re-imposed because the
        Reuter  -  90 words
      • Article, Illustration
        Lock icon Dream holiday turns into nightmare
        66 8 Reuter ISSARIYA, West Bank Alberta Boyetta, a tourist from Italy, in an ambulance with other tourists yesterday. She is bleeding from her face after being injured in a hand grenade attack near the Church of Lazarus just outside Jerusalem. Four tourists were injured in the
        Reuter  -  66 words
      • Article
        Lock icon UK housing starts rise 2pc
        77 8 Reuter LONDON Housing starts in Britain rose 2 per cent on a seasonally adjusted basis in the three months to August compared with the previous three months, the Department of the Environment said. The total of 51,300 starts in June to August compared with 50,300
        Reuter  -  77 words
      • Article
        Lock icon France ups spending on spy satellites
        92 8 Reuter PARIS Spending on spy satellites shows the biggest increase in France's stagnant 1995 defence budget unveiled yesterday, while expenditure on the French nuclear arsenal is set to fall because of a testing freeze. The overall defence ministry budget presented to parliament is stable
        Reuter  -  92 words
      • Article
        Lock icon Consumer boom unlikely in Britain
        38 8 Reuter LONDON Britain's economy is gathering momentum but value-conscious shoppers are keeping a tight hold of their wallets, making a return to 1980s-style spending unlikely, according to electronics retailer Dixons Group pic. Reuter
        Reuter  -  38 words
    • Article
      Lock icon Japan urges close watch on volatility in currency markets
      504 8 IMF and World Bank annual meeting: Reuter MADRID A fear that the yen might break loose from its current fragile bands of relative stability on foreign exchange markets is haunting Japan's policymakers. Japanese officials, therefore, have urged a close watch on
      Reuter  -  504 words
    • Article
      New Rainbow bonds to save borrowers pot of gold by ending forex losses
      356 8  -  From Anthony Rowley in MADRID ASIAN bond markets are about to receive yet another exotic innovation in the form of multi-currency "Rainbow" bonds issued by Manila-based Asian Finance and Investment Corp (AFIC) to meet a need for
      356 words
    • Article
      Lock icon German jobless data give Kohl re-election boost: analysts
      284 8 Reuter BONN German September unemployment data showing that the labour market has stabilised sooner than expected will boost Chancellor Helmut Kohl's chances for re-election on Oct 16, analysts say. But the data also showed that unemployment appeared to be stabilising at high
      Reuter  -  284 words
    • Article
      Lock icon US companies offer trade but no big investments in S Africa
      233 8 Reuter JOHANNESBURG American businesses are keen to boost trade with South Africa but large capital investments are still unlikely, exhibitors at the biggest US trade fair in southern Africa say. "The water needs to be completely smooth. US companies
      Reuter  -  233 words
    • Article, Illustration
      Lock icon Aristide pledges reconciliation and justice, not vengeance and violence
      286 8 Los Angeles Times UNITED NATIONS In a triumphant speech, President Jean-Bertrand Aristide pledged to the UN General Assembly on Tuesday that "we are going to prepare the cofTee of reconciliation in the filter of justice" when he returns to Haiti. "Yes
      Los Angeles Times; Reuter  -  286 words
    • Article
      Lock icon EU rejects Germany's appeal on banana imports
      371 8 AFP LUXEMBOURG The European Court of Justice yesterday rejected Germany's appeal for the European Union's ceiling on banana imports to be cancelled. Bonn said the rule that came into effect in July 1993, limiting imports of bananas from Latin America to two million
      AFP  -  371 words
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      43 7 v fc The Summer Palace at mBM blend of cultural intricacies and H H Cantonese delicacies. Singapore I A Four Seasons Regent Hotel vmhhhhhphl THE REGENT, SINGAPORE. 1 CUSCADEN ROAD. SINGAPORE 1024. FOR RESERVATIONS, JUST CALL i 7 3 3 8888 EXT. 3081.
      43 words
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  • SPORTS
    • Article, Illustration
      Lock icon S'pore gets first medal with bronze in bowling
      819 9 Asian Games AP AFP HIROSHIMA South Korea burst into the Asian Games gold medals column yesterday with three wrestling triumphs and victories in swimming, fencing and bowling. Its bowling winner missed a perfect game by one pin. In the same event, Grace
      AP; AFP; Reuter  -  819 words
    • Article
      Lock icon Golfers take aim for big bucks once gold is won
      414 9 AFP HIROSHIMA Once Asian Games golfers conclude their quest for gold, the chase for big money really begins. Next year's planned start of the Asian Professional Golf Association Tour will provide expanded opportunities for players like Singapore's Mardan Mamat to
      AFP  -  414 words
    • Article
      Lock icon Underrated Zimbabwe may yet upset US
      544 9 Dunhill Cup AFP ST ANDREWS, Scotland Southern Africa could pose the greatest threat to the defending champions, the United States, in the Alfred Dunhill Cup, starting here today. Zimbabwe, led by world No 1 Nick Price, have made light of their minor status among
      AFP  -  544 words
    • Article, Illustration
      Lock icon Hingis debut revives child-champion debate
      380 9 Reuter ZURICH Swiss tennis prodigy Martina Hingis has made an explosive debut on the women's tour. Time will tell whether she becomes another young victim of modern professional sport. Hingis was born in Czechoslovakia just 14 years ago and named by her mother, herself a
      Reuter  -  380 words
    • Article
      Lock icon Human side counts at Phoenix Suns
      327 9 UPI PHOENIX In the labyrinthine world of the NBA salary cap, you won't find the secret to the Phoenix Suns' success hidden in some fine print, buried underneath a bunch of legal mumbo-jumbo. And it can't be found in the numbers Richard Dozer feeds
      UPI  -  327 words
    • Article
      SPORT SHORTS
      655 9 HIROSHIMA The Olympic Council ol Asia yesterday formally assigned Bangkok the 1998 Asian games alter scaling a USSSO million (SS7S million) marketing deal. The Thai organisers, confronted by mounting financial problems, hail been under pressure to upgrade facilities. The contract, signed by the OCA. the Thailand National Olympic
      655 words
    • Article, Illustration
      Lock icon Cricket
      91 9 AP RAWALPINDI, Pakistan Inspired by Michael Slater's brilliant century. Australia batted an imposing 305 for three wickets at stumps yesterday, the opening day of the second test against Pakistan. Slater and skipper Mark Taylor, gave the Australians their first century partnership for the opening wicket in 16 games in
      AP  -  91 words
    • Article, Illustration
      Golf
      56 9 ST ANDREWS, Scotland First round draw Group One: I-US, 8-NZ. Japan. Ireland. Two: 4-Aust. 5-England. France. Spain. Three: 3Sth Africa. 6-Scot. Taiwan. Paraguay. Four 2-Zimbabwe. 7-Swe-den. Germany, Canada. Today's matches US v Japan. NZ v Ireland. Australia v France. England v Spain. South Africa v China. Scotland v Paraguay.
      56 words
    • Article, Illustration
      Lock icon Motor-racing
      75 9 UPI SYDNEY EDS. an American global information technology company. will be a major sponsor of the 1994 and 1995 Australian Formula One Grand Prix in Adelaide, it was announced yesterday. The sponsorship understood to be US$4.5 million (556.7 million) announced by South Australian State Premier Dean Brown and KDS
      UPI  -  75 words
    • Article, Illustration
      Volleyball
      40 9 ATHENS World championship on Tuesday: S Korea b Bulgaria 3-1; Russia b Germany 3-0; Netherlands b Japan 3-0; Brazil b Canada 3-0. Draw for today's quarter-finals: S Korea v US; Italy v Russia; Greece v Netherlands; Brazil v Cuba.
      40 words
    • Article
      Lock icon Big is beautiful in the future world of golf
      605 9 NYT NEW YORK We have seen the future of golf equipment, and we are certain of one thing: It is big. It is bulging. It is bulbous. The word fat comes to mind. Corpulent, even. From the size of the sticker
      NYT  -  605 words
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  • THE LAW PAGE
    • Article, Illustration
      When judges play tennis umpire
      1330 10 This quirk of the court process is attributed to English-based common law system IT HAS often been said that lawyers in the United States and UK are more litigious than their European or Japanese counterparts. Part of the reason could lie in the scope of
      1,330 words
    • Article
      Law Society gets set for council elections
      503 10  -  atthe Mß By Ramesh Divyanathan IT IS that time of the year again when lawyers choose a handful from among their ranks to sit in the Law Society's council, which has been led in the last two years by president Peter Cuthbert Low.
      503 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      430 10 IF B U SIN §£Sv IS WA R *> r- r j v V s THIS IS THE PROGRAMME THE GENERALS WATCH. Asia Business News The emerging dragon happenings comprehensively. Ever/da/. Presented across the region. Asia Business News is the in a dynamic, fast paced format. Asian first and only
      430 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      454 11 I„l roiliui iiij th e Lrana new 1991 Lexus. No doubt you'd expect a few surprises from engineers of course, are just as quick to rectify them. it also says a lot to the engine. It actually tells it to Lexus. But this could he one of the higgest. Parts
      454 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      691 12 Nothing Beats A BiKLftffifl QF UOm Coribbe^ From June Ist 1994 Mischief Pub at the Boulevard Hotel presents* i Caribbean Arts Festival's A f Best Performing Band ml the Miami MTV sensation Dreadißation Time: 8.15pm nightly jSg Venue: Mischief at Lobby Level Open daily from 1 lam 2am J r|
      691 words
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      Page 12 Advertisements Column 2
      307 12 WHERE TO WINE, DINE AND ENTERTAIN MUZ ptefA Why not make your next corporate function a mix of business and pleasure? Hold it at our corporate room in Singsation. Singapore's first theme karaoke lounge at the Plaza Hotel. Plaza Hotel 4*ftl fttUK SUSHI BUFFET LUNCH Eat-As-Much-As-You-Like $38+ Per Person I
      307 words
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      Page 12 Advertisements Column 3
      339 12 INTO THE E^rTEMNT:^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtimes: B.oopm to 8.30pm 9.30pm to 10.00pm 7th ftoor Ovrrtr* I'mon ttou* t ollm Qujy Nngjporr 0104 Id 224)922
      339 words
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  • LIFESTYLE
    • Article, Illustration
      Lobo's dream coming true
      654 13  -  The singer tells Shahiron Sahari he's getting his wish to record an album of his hit songs accompanied by four regional symphony orchestras Shahiron Sahari VETERAN singer Lobo's dream, one which could come to fruition in the next couple of years, is to record an album
      654 words
    • Article, Illustration
      Dazzling display by strings with zing
      642 13  -  The Berlin Philharmonic Quartet hits the right note with Tan Su Ling Tan Su Ling The writer, a music teacher, contributed this review to Business Times DO YOU attend a concert to relax and enjoy an evening of good music? Or do you go
      642 words
    • Article
      Lock icon No crowning glory for Streisand
      326 13 CHATTERBOX AP AP BAD hair days were one reason why Barbra Streisand stopped touring. And she thinks hair is at the root of President Bill Clinton's bad press. Streisand, a devoted Clinton supporter, said in the November issue of Vanity Fair that the media hold
      AP  -  326 words
    • Article, Illustration
      This black box can keep your goods in tip-top condition
      471 15  -  Sisir has a service that can accurately measure cargo transport conditions. David Mok has the details David Mok A "BLACK BOX" from the Singapore Institute of Standards and Industrial Research (Sisir) could be the key for manufacturers to ensure that
      471 words
    • Article
      Lock icon Scientists claim 2 computer innovation breakthroughs
      483 15 A glass-like polymer and souped-up microchip the latest in race to create better computers Bloomberg Business News Reuter SCIENTISTS have separately announced two innovations that claim to improve dramatically the way computers operate. American scientists have just reported the creation of a new polymer
      Bloomberg Business News; Reuter  -  483 words
    • Article
      Lock icon And now, canola oil to keep your heart healthy?
      277 15 Reuter Forget a teaspoon of castor oil a day to promote health. Canola oil is now being touted as the oil that can keep heart disease at bay by scientists at Australia's key research body, the Commonwealth Scientific and Industrial Research
      Reuter  -  277 words
    • IT TAKES
      • Article
        Lock icon Military helps out in breast cancer war
        85 15 Reuter WASHINGTON Researchers are trying to enlist space-age military technology in the war on breast cancer. A team of scientists and health policy officials told a Congressional panel on Tuesday about the promising developments, as well as the obstacles they encounter, as they
        Reuter  -  85 words
      • Article, Illustration
        Lock icon Aussies study Japanese taste buds
        87 15 Australian Science and Technology Newsletter SYDNEY Japan, whose food market is valued at ASSOO billion (***** billion), is being studied by Australia's national science agency in a research project designed to discover what overseas people like to eat, and why. The project by the agency's
        Australian Science and Technology Newsletter  -  87 words
      • Article
        Lock icon New hope over head injuries
        111 15 AP DETROIT A new genetically engineered drug could increase the likelihood of surviving severe head injuries by as much as 20 per cent, researchers said this week. The new treatment could spell the difference between a productive life or existence in a coma, or death,
        AP  -  111 words
      • Article
        Lock icon Study puts hair dye in the clear
        108 15 AP WASHINGTON It's okay to touch up that grey hair. Although some earlier research had suggested there could be a link between artificial hair colouring and cancer, a new and statistically more powerful study found otherwise. The study ot 180,000 women published in
        AP  -  108 words
      • Article
        Lock icon Bathtub toys aid science
        78 15 AP SAN FRANCISCO In this age of computers and orbiting satellites, scientists are learning a lot from rubber ducks. Some 29.000 rubber ducks and other bathtub toys spilled overboard 10 months ago in the North Pacific when a freighter carrying the cargo on its deck was
        AP  -  78 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      89 13 G O LAD E N SEMINAR i-'Kht w-nu,. tor ill it important seminar, you can count on the Golden Landmark Hotel. 5 luxurious function rooms with a capacity of up to '200 persons, including the newly renovated Galaxy Room will cater to all your seminar needs. FULL and HALF DAY
      89 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1125 13 TV RADIO Bukan Ch A faithful, but barren dumped by her husband. Then realises he loves her wooing her again jjflHHpHjj^^^^^^HH^Jg3^|jjHH^^^^^|H is ditTicult. as his best friend also likes her. Darkman, 8.30pm, Ch 5 rJ® Liam Neeson plays a scientist .-.x. >jM who makes synthetic skin disfigurements. Comes in handy
      1,125 words
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  • Page 14 Advertisements
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      488 14 THE BIGGEST STORES IN CLARKE QUAY HAVE SOME OF THE BIGGEST BARGAINS IN SINGAPORE. i^—■———nap—^iH— It stands to reason that the biggest bargains can av ur tes e Gosh, Sesame Street, be found in the largest stores. At Clarke Quay, you JRO r Snoopy Collection and Mexx Youth. Bring can
      488 words
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  • Page 15 Advertisements
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      22 15 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Eveiyday. Vsinqapore# m Business Times
      22 words
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      Page 15 Advertisements Column 2
      224 15 THE BIG STORE BARGAINS AT CLARKE QUAY. STH OCT 18TH OCT 1994. TruFormTour Player full set for Men and Ladies. STEEL SHAFT GRAPHITE SHAFT lif j Offer $499 Offer $666 I <■ Usual Price $890 Usual Price 1.200 111 1 RIDENT BIG BROTHER CALLAWAY WARBIRD^ SUPER MAX GR SHAFT ALPHA
      224 words
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  • Article
    A kinder, gentler Kantor
    486 16 MffOWWl- THERE IS an element of predictability in how America and Japan resolve trade disputes. And the entire process is a tribute to low Hollywood rather than high-minded diplomacy. For starters, Mr Mickey Kantor, the American trade representative, usually sets an impossible deadline by which Japan
    486 words
  • WHAT THTE OTHERS SAY
    • Article
      Life begins at 50 for the UN?
      306 16 NO BLUEPRINT to revitalise the United Nations can afford to overlook the distinction between "international" and "supranational" that Wong Kan Seng drew when he addressed the UN General Assembly last year as foreign minister. It is a "vexing" distinction, as he put it,
      306 words
    • Article
      Show solid results
      159 16 THE Malay Chamber of Commerce and Industry has a new executive committee and after facing the applause and the brickbats, it must start charting a new course and work hard towards making it a success. What is a chamber of commerce without an impressive track record? For
      159 words
    • Article
      Washington gets shrewd
      124 16 AFTER 15 long months and four changes of Japanese government, trade talks between the United States and Japan were on the brink of a sanctions war, saved only by partial agreements. It was not surprising that the negotiations turned out to be a marathon affair. Each country
      124 words
    • Article
      Airing the hot seat
      175 16 WITH THE SPEED of its last ouster, the head of the Department of Civil Aviation (DCA) now rests squarely under the sword of Damocles. As chilling as its prospects may be, the task must prove daunting enough to eliminate any but the most competent leadership. For
      175 words
    • Article
      Questionable accounts
      99 16 LAST WEEK'S four-day government conference on the auditing of state financial accounts disclosed the enormous difficulties encountered by the Supreme Audit Agency (BPK) in properly executing its tasks and the inadequacy of the financial accountability of the various government agencies. BPK's difficulties and constraints seemed to have been
      99 words
    • Article
      Toughness works
      150 16 THE LAST-MINUTE breakthrough in high-level talks between Tokyo and Washington on opening Japan's markets in telecommunications, medical equipment, glass and insurance is to be welcomed. While the openings are only partial, and Tokyo's attitude could at best be described as grudging, the progress that has been achieved is
      150 words
  • Article, Illustration
    Lock icon G-9 takes on G-7
    984 16  -  Anthony Rowley describes how SDR allocation became a proxy for bigger issues in a clash at this week's IMF and World Bank annual meetings Anthony Rowley The writer, BT's Tokyo Correspondent, is covering the IMF and World Bank annual meetings in Madrid this week IT SEEMS
    Reuter  -  984 words
  • Page 16 Advertisements
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      81 16 uesTue chp\pthat kjevefc did vnefle: Me Goes-—t^< iN g Guess IoHRT M€JsiRV A STROKE OF U3of?<... HPsD A (All THAT Gf?G£N HPsS BeeN spK£rt:r>l SCHerne To G6T OUT OF £\/££y UoiTh Wim on-rue thing... a store of excuses and Plausible. vJ* ff POONESBURY GARRY TRUDEAU 1 ITHU ml ms HuffKems|
      81 words
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  • ANALYSIS
    • Article, Illustration
      Living on a razor's edge in electricity supply
      1673 17  -  Aeifiii INFRASTRUCTURE S N Vasuki discusses the problems faced and progress being made by the Indian government in attracting private foreign investors to satisfy its burgeoning power needs. He also examines how the telecommunications sector is opening up to cater to pent-up
      1,673 words
    • Article
      The leisurely deregulation of Indian telecommunications
      1543 17 BOLI MEDAPPA, India manager of US West, operates from a tiny office in New Delhi's Maurya Sheraton hotel. She spends a considerable amount of time speaking with government officials and keeping tabs on the glacial movements in the country's telecommunications policy. But the size
      1,543 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      12 17 PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times
      12 words
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      Page 17 Advertisements Column 2
      108 17 BITE INTO GREAT TASTING NORWEGIAN SALMON Promotion available for lunch Ist -31st October attack's Place outlets OidmiKWiiniiAlni) '".WmCmb J ack PIiKX, Td 257 1658/257 6969 Tdjj« 4326 Cffltrc)^ 'ffSSSSSS. .CT™"" Jgg^| yT Soup of the Day, Main Course, Today s Dessert and Coffee or Tea. Br* Btuii (NemoHouganjOnMoi) Tel: 786
      108 words
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  • Article
    US House defers vote on Gatt Bill to today
    479 18 WASHINGTON House of Representatives Democrat leaders yesterday postponed a final vote on a sweeping Gatt trade treaty until today, but vowed to proceed with a make-or-break procedural vote on the measure. "We're going forward later today (Wednesday)" with the rule. House
    479 words
  • Article, Illustration
    Confucian values helped S'pore prosper: SM
    581 18  -  SM Lee in China From Warren Fernandez in BEIJING SINGAPORE has progressed because its people had the right values and a pragmatic approach to government, which enabled it to take tough measures to overcome the country's problems, Mr Lee Kuan Yew said yesterday. His
    581 words
  • Article
    Estate management law for China from Jan 1
    318 18  -  From Schutz Lee in BEIJING THE Chinese government will introduce a Real Estate Management Law on Jan 1, next year, to create a stable environment for property development and transaction in the country. Ma Xiuhong, deputy direc-tor-general of the Ministry of Foreign
    318 words
  • Article
    Lock icon 48 sect members die in apparent mass suicide in Swiss farm
    255 18 AFP Reuter SALVAN, Switzerland At least 48 people believed to be members of an apocalyptic sect were found dead yesterday in a burnt-down Swiss farmhouse and two chalets, in what police believe was mass suicide. Authorities said some of
    AFP; Reuter  -  255 words
  • Article
    Lock icon Italy's govt clashes with anti-graft judges
    318 18 Reuter AP ROME Italy's government clashed head-on with corrup-tion-busting magistrates yesterday after Milan's chief prosecutor hinted that Premier Silvio Berlusconi could become the target of a formal graft probe. The remarks by prosecutor Francesco Saverio Borrelli, which Cabinet spokesman Giuliano Ferrara branded menaces "in
    Reuter; AP  -  318 words
  • Article, Illustration
    Asia should expand slowly its role in New Middle East
    907 18  -  The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent ON a recent trip to Israel, I met many businessmen and government officials who were keen to send a message to their counterparts in Asia: Now that
    907 words
  • Article, Illustration
    Wanted: stronger voice for Asia
    477 18  -  IMF and World Bank annual meetings From Anthony Rowley in MADRID ASIAN countries should have a stronger voice in the affairs of the International Monetary Fund and World Bank, in keeping with their financial contributions. South Korean central bank governor Kim Myung Ho said yesterday.
    477 words
  • Article
    Lock icon Russia signs breakthrough deal with bank creditors
    202 18 Reuter MADRID Russia yesterday signed a breakthrough agreement with its bank creditors paving the way for a deal to reschedule nearly US$25 billion (Ss37 billion) of debt and ending 15 months of deadlock. The agreement, hammered out on the sidelines of the annual
    Reuter  -  202 words
  • Page 18 Advertisements
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  • COMPANIES & MARKETS
    • Article
      Cosco to raise $103 m through rights issue, term loan
      381 19  -  By Quak Hiang Whai SINGAPORE Cosco Investment (Singapore) plans to raise about $103 million through a rights issue and a term loan to finance its expansion and reduce bank borrowings. The China-controlled company, which suspended trading in its shares yesterday
      381 words
    • Article
      Sale of office tower to provide $13m windfall
      365 19  -  By A J Leow SINGAPORE Mainboardlisted Cosco Investment (Singapore), formerly known as Sun Corporation, stands to reap a $13 million profit from the sale of its office tower near Raffles Place. The building was sold recently to two unnamed individuals, both Singaporeans,
      365 words
    • Article, Illustration
      Fuji Offset in US$ 200m China project
      286 19  -  By Teh Hooi Ling SINGAPORE Fuji Investment Holding (China), the investment arm of Sesdaq-listed Fuji Offset, has teamed up with Shing Lee Group (SLG) for a US$2OO million (***** million) township project in Changzhou City in China's Jiangsu province. When completed, the 266hectare
      286 words
    • Article
      Comfort to buy 1,500 cars for $27 million
      195 19 SINGAPORE Comfort Transportation, a subsidiary of the Comfort group, will buy 1,500 cars worth $27 million from Borneo Motors to expand its taxi fleet. The agreement, to run over 15 months from January 1995 to March 1996, will include an option for
      195 words
    • Article
      Fund managers turn cautious over lesser known China power stocks
      647 19  -  HOCK LOCK SIEW By S N Vasuki SINGAPORE Huaneng Power International (HPI) this week lowered the asking price for its offering of American Depository Receipts (ADRs), signalling waning investor enthusiasm for so-called "China power plays". Analysts note that though fund
      647 words
    • Article
      Hotel Prop gains $19m from sale of M Credit stake
      301 19  -  By Joyce Quek SINGAPORE Listed Hotel Properties Ltd (HPL) yesterday shed more of its stake in property group Malayan Credit Ltd but this time it did not sell the shares to MCL parent Cycle and Carriage Ltd. Instead, the 15
      301 words
    • Article
      Pacific Can unit in printing, can-making venture in Xiamen
      154 19 SINGAPORE A unit of Pacific Can Investment Holdings has gone into the printing and can-making businesses in Xiamen, China. Pacific Can Manufacturing (PCM), a wholly-owned unit of Pac Can, has agreed to form a joint venture with established can maker See
      154 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        46 19 Firm Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Owrnight events may alter sentiment. Brokers polled: Alliance, Barings. Daiwa, Fraser, GK Goh, Kay Hian, Morgan Grenfell, Nomura. OngCo. Phillip. Smith New Court, Wl Carr and SG Warburg.
        46 words
      • Article, Illustration
        HOT STOCK
        153 19  -  -By Paul Leo Sime Singapore exploded yesterday. It gapped up (its low yesterday is one cent above the previous day's high of $1.12) and surged past two resistances at $1.13 and $1.17 to end at $1.20 yesterday on very strong buying interest 4.19 million shares traded, which is
        153 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Amcol ups investment in Indon firm
          75 20 SINGAPORE Amcol Holdings has invested a further U552.75 million (554.07 million) in PT Amcol Graha Electronic Industries. It announced last night that its stake in the company remained at 50 per cent of the enlarged capital of US$22 million. Amcol said the move was
          75 words
        • Article
          Changes at Berjaya
          49 20 SINGAPORE Berjaya Group yesterday said that Sulaiman bin Mohd Amin had resigned as director and chairman on Tuesday. However, he remains as chairman of subsidiary Berjaya Industrial Berhad. Vincent Tan Chee Yioun has been appointed as chairman and group chief executive officer on the same date.
          49 words
        • Article
          York's subsidiary completes purchase
          70 20 SINGAPORE York Pacific Holdings said yesterday that its subsidiary, York Transport Equipment Pty Ltd, had completed the purchase of the premises it now occupied in Melbourne, Australia. The sum of S$ 1.41 million was paid for with monies raised from York's recent flotation. The purchase is
          70 words
        • Article
          SIA-Lufthansa joint freighter service
          93 20 SINGAPORE Singapore Airlines and Lufthansa will launch a second joint freighter service between Singapore and Frankfurt today. It will be served by a Boeing 747-400 freighter with a cargo payload of 124 tonnes. SlA's director of cargo, Huang Cheng Eng, said the second service was necessary
          93 words
        • Article
          Lock icon Lay Hong's offer over-subscribed
          60 20 Bernama KUALA LUMPUR Lay Hong Bhd's offer for sale of 5.250 million Msl shares at M 52.40 per share, has been oversubscribed by 27.31 times. Malaysian Issuing House Sdn Bhd general manager Fauziah Ibrahim yesterday said a total of 39,511 applications for 57.928 million shares was
          Bernama  -  60 words
      • Article
        Brokers look forward to slew of Philippine IPOs
        407 20 MANILA Brokers are looking forward to a slew of new share issues by top Philippine corporations this year and next. "There is always a room for more IPOs," said Noel Reyes of Dharmala Securities, yesterday. "The deluge of IPOs in the past
        407 words
      • Article
        Untitled
        507 20 Managers'prices Oct 6 Mendaki Gr Fund 1.17 l.20xd Sinuoof6 Unit Trust fund 0.97 i.oi** The Commerce 1.70 1.80 UMB Invest Mgt Ltd The Savings Fund 1.64 1.74 Umfund 1.57 1.63 S pore Prof Fund 0.66 0.70xd Unibond 1.04 1.065 S'porc Sec Fund 104 1.10 United Gr Fund! 1.80 1.88 S'pore
        507 words
      • Article
        US brokers recommend Renong as best buy
        472 20  -  From Ho Kay Tat in KUALA LUMPUR TWO large United Statesbased brokerages, Morgan Stanley Asia and Merrill Lynch, have recommended conglomerate Renong Bhd as the best play on Malaysia's booming infrastructure development. This should provide a fillip for Renong executives embarking on an
        472 words
      • Article, Illustration
        Liang Court kicks off Ho Chi Minh project
        415 20  -  By Harish Mehta SINGAPORE Listed property firm Liang Court Holdings Ltd will break ground next week in Ho Chi Minh City on its first development there the US$4O million (5558.8 million) Chancellor Court serviced apartments. A Liang Court spokeswoman said a colourful
        415 words
      • Article
        Lock icon MAS to acquire stake in India's air taxi operator Jet Airways
        365 20 Bernama NEW DELHI Malaysia Airlines (MAS) is likely to acquire a stake in India's Air Taxi Operator (ATO), Jet Airways, soon. MAS may acquire the share from Gulf Air, which holds 20 per cent in Jet Airways, according to
        Bernama  -  365 words
      • Article
        Lock icon S Korean steel maker to invest in Thai venture
        121 20 AP SEOUL Pohang Iron and Steel Co, South Korea's largest steel maker, plans to invest in a US$6OO million (SSBBB million) joint venture steel plant to be built in Thailand. The joint venture, to be led by Japan's Nippon Steel Co
        AP  -  121 words
      • Article, Illustration
        Lock icon MUI all set to be Malaysia's next MNC
        516 20 MARKET WATCH Reuter KUALA LUMPUR Malaysian United Industries Bhd (MUI), the acquisitive flagship of reclusive tycoon Khoo Kay Peng, is snapping up a vast array of assets worldwide and looks poised to become the next Malaysian multinational. Armed with Msl.l billion (*****
        Reuter  -  516 words
      • Article
        Alliance dives into diversification with aquarium deal
        320 20  -  By Claire Leow SINGAPORE Alliance Technology and Development Ltd subsidiary Alliance Multimedia Corp has started several strategic partnerships to design, build and manage public aquariums. The move, announced last night, is part of the parent company's diversification into the leisure and entertainment industry.
        320 words
      • Article
        Lock icon PLDT may rejoin proposed Philippine satellite group
        228 20 AFP MANILA The Philippine Long Distance Telephone Company (PLDT) has agreed to meet the government and members of a consortium planning to launch the country's first satellite to discuss rejoining the group. Communications Secretary Jesus Garcia yesterday said that another firm, the International
        AFP  -  228 words
      • Article
        Untitled
        945 20 Pay nent Ex Books Pay date close date Aetna I 10 Oct 17 Oct 21 Nov 3 AMDB 50* b 3 Sep 15 Sep 29 Oct 28 Antah Hldgs 50* b 6 Nov 23 Dcc 7 Jan 5 Avimo 20* I 6.25TE Sep 19 Sep 23 Oct 18 Boustead 50*
        945 words
      • Article
        Lock icon HK accounting changes upset companies, analysts
        519 21 Kadoorie business family defies new rules Bloomberg Business News HONGKONG Hongkong company financial results are often misleading thanks to a change in accounting rules that took effect at the beginning of the year, according to some of the territory's securities analysts and biggest companies.
        Bloomberg Business News  -  519 words
      • Article
        Lock icon Kerry Group clinches Union Carbide site with HK$ 650m bid
        378 21 Eastern Express HONGKONG Robert Kuok's Kerry Group has beaten off Cheung Kong Holdings, Sun Hung Kai Properties and Wheelock Group to buy the Union Carbide site in Sham Tseng for about HKS6SO million (S$ 123.5 million). Sole agent Jones Lang
        Eastern Express  -  378 words
      • Article, Illustration
        Lock icon Goldcorp coins a new phrase
        41 21 Reuter PERTH Goldcorp CEO Don Mackay-Goghill presenting a diversified precious metal investment portfolio containing gold, platinum and silver coins here on Tuesday. Dubbed The Aussie', it is said to be the first of its kind. Reuter
        Reuter  -  41 words
      • Article
        Lock icon Henderson Land posts 50pc profit rise
        204 21 Bloomberg Business News HONGKONG Real estate development and investment company Henderson Land Development yesterday said its net profit rose 50.7 per cent in the year ended June 30. much higher than most analysts' expectations. Henderson's profit, which is after tax and minority interests, was
        Bloomberg Business News  -  204 words
      • Article
        Cons Press, Huntsman set for S-E A petrochem foray
        254 21  -  By Peter Osborne SINGAPORE Australian media tycoon Kerry Packer's investment arm. Consolidated Press Holdings, is expected to announce a fourth joint venture early next week with the global chemical giant. Huntsman Chemical Corp, the first allied move by the two groups
        254 words
      • COMPANY BRIEFS
        • Article
          Lock icon China sets new rules for rights issues
          120 22 Bloomberg Business News BEIJING China's official securities watchdog, the Securities Regulatory Commission, has laid out new rules on rights issues for listed companies on the country's two exchanges, the state-run China Securities newspaper reported. The paper said all rights issues must be approved
          Bloomberg Business News  -  120 words
        • Article
          Lock icon HK's Guoco net profit rises 136 pc
          75 22 Bloomberg Business News HONGKONG Investment and financial services concern Guoco Group said its net profit rose 136 per cent in the year ended June 30. The company reported that the profit, which is after tax and minority interests, was HK$l.36 billion (Ss26o million)
          Bloomberg Business News  -  75 words
        • Article
          Lock icon Sumitomo in deal to make leadframes
          77 22 AFP TOKYO Sumitomo Metal Mining Co Ltd of Japan announced yesterday it had formed a joint venture in Taiwan with local and German concerns to make and sell leadframes, a device used in the making of microchips. Sumiko Electronics Taiwan Co Ltd, capitalised at
          AFP  -  77 words
        • Article
          Lock icon China Motor cuts stake in Yulon
          90 22 Bloomberg Business News CHUNGLI, Taiwan China Motor Corp, the affiliate of Japan's Mitsubishi group and Taiwan's biggest truck and van manufacturer, said it sold 27 million shares, or a 3.2 per cent stake, in carmaker Yulon Motor Co. China Motor reduced its holdings last
          Bloomberg Business News  -  90 words
        • Article
          Lock icon US firm files motion against judgment
          143 22 Bloomberg Business News DALLAS Blockbuster Entertainment Corp has filed a motion to vacate a US$l23 million (S$ 183 million) judgment against it because the judge who heard the case failed to file certain documents, Texas Lawyer reported. The Fort Lauderdale, Florida, company contends Visiting
          Bloomberg Business News  -  143 words
      • Article
        Lock icon SEC to stop accepting electronic filings with budget pending
        339 22 Bloomberg Business News WASHINGTON The Securities and Exchange Commission said on Tuesday it will stop accepting electronic financial filings from companies, starting from next Tuesday, because the Senate has not yet passed the agency's fiscal 1995 budget authorisation. Stopping the acceptance
        Bloomberg Business News  -  339 words
      • Article
        Lock icon Japan Tobacco aims for growth outside traditional industry
        476 22 Reuter TOKYO Expansion in nontobacco industries is a key to Japan Tobacco Inc's (JT) business strategy since the firm's share in the domestic tobacco market is not expected to grow much further. Company president Masaru Mizuno said yesterday: "The ratio of after-tax
        Reuter  -  476 words
      • Article
        Inmarsat expects big Asian stake in US$ 2.6b mobile phone satellite link
        431 22  -  By Juliette Walker SINGAPORE Inmarsat expects Asia-Pacific investors to double or treble their equity participation in the Londonbased consortium's new Inmar-sat-P affiliate a US$2.6 billion (553.9 billion) project to provide a satellite service for hand-held phones by 2000.
        431 words
      • Article, Illustration
        Lock icon HP launches low-cost colour printer
        40 22 Reuter VANCOUVER, Washington Hewlett-Packard engineer Jack Brosseau inspecting several new low-cost colour printers off the line recently at its manufacturing plant here on Tuesday. The DeskJet 540 printer will retail for about US$3OO (Ss4so). Reuter
        Reuter  -  40 words
      • Article
        Lock icon Two major US hospital companies merge to form US$ 15b firm
        374 22 NYT NEW YORK The Columbia/HCA Healthcare Corp, the largest hospital company in the United States, said on Tuesday that it had agreed to merge with Healthtrust Inc, the company it had spun off as undesirable nine years ago. The
        NYT  -  374 words
      • Article
        Lock icon 3 Japanese trading houses say penalties paid to Osaka tax authorities
        241 22 Reuter TOKYO Three major Japanese trading houses based in Osaka said yesterday they have paid additional taxes, including penalties, imposed by the tax authorities there. The three are Sumitomo Corp, Nissho Iwai Corp and Marubeni Corp. A Sumitomo spokesman
        Reuter  -  241 words
      • Article
        Lock icon Mercedes-Benz car sales up 17.4 pc in first 8 months to 27.3b marks
        456 22 Reuter PARIS Germany's Mer-cedes-Benz AG said on Tuesday its car division's revenues rose 17.4 per cent to 27.3 billion marks (5526.1 billion) in the first eight months of 1994 compared to the same yearearlier period. "At the
        Reuter  -  456 words
      • Article
        Lock icon Porsche sees profits round the corner
        370 22 Reuter PARIS Luxury German sports carmaker Porsche AG, battered by several years of losses, says restructuring is paying off and it would be profitable in this business year and in years ahead. "We expect to make a black zero a small profit this year
        Reuter  -  370 words
    • FINANCE & COMMODITIES
      • Article
        S'pore to be regional HQ of China's biggest insurance firm
        477 23  -  By Teh Hooi Ling SINGAPORE Chinese state-owned People's Insurance Company of China (PICC) is stepping up its expansion plan in the region, and intends to use Singapore as its regional headquarters. Besides insurance, the Singapore office will also be coordinating
        477 words
      • Article
        China insurers see big gains in S'pore
        417 23 Tai Ping, China Insurance cashing in on growing trade ties with PRC SINGAPORE Tai Ping Insurance Co and China Insurance, two units of People's Insurance Co of China, hope to expand their combined market share in the general insurance business in Singapore from
        417 words
      • Article
        Lock icon Analyst sounds warning on US banks' debt exposure
        355 23 Reuter NEW YORK US bank exposure to the Third World is once again reaching levels that could cause future problems, Brown Brothers Harriman analyst Raphael Soifer said. "Exposure is getting high enough that it is worth an early warning," he said, noting
        Reuter  -  355 words
      • Article
        Lock icon Wharf to raise HK$ 1.5b from loan notes
        91 23 Bloomberg Business News HONGKONG Hongkong property company Wharf Holdings will raise HKSI.S billion (SS2BS million) by selling five-year floating rate notes. The sale will be Wharfs third issue of securities since last November for a total of US$556 million (SSB23 million). In
        Bloomberg Business News  -  91 words
      • Article
        Lock icon Fuji Bank HK to issue loan certificates
        90 23 Knight-Ridder HONGKONG Fuji Bank's Hongkong branch yesterday launched a HKS6OO million (Ssl 14 million) offering of five-year floating-rate certificates of deposit at 37.5 basis points over the three-month Hongkong interbank offered rate (Hibor). A spokesman for lead manager Fuji International Finance (HK) said
        Knight-Ridder  -  90 words
      • Article
        Lock icon Australia's Bank West sells unit
        111 23 Reuter SYDNEY The Bank of Western Australia Ltd (Bank West) yesterday said it has sold its wholly-owned Primary Industry Bank of Australia Ltd (Piba) to Rabobank Nederland for Aslo2 million (S$ 111 million). Bank West is owned by the Western Australian state government. Bank West
        Reuter  -  111 words
      • Article
        Lock icon Goldman said to be considering staff cut
        103 23 Bloomberg Business News NEW YORK Goldman, Sachs Co is considering cutting 5 per cent or more of its staff in the next few weeks amid declining profits, a source close to the firm said on Tuesday. The nation's biggest investment banking partnership may
        Bloomberg Business News  -  103 words
      • Article
        Commercial Union joins Tifa in $10.6 m Indon venture
        124 23 SINGAPORE Britain's Commercial Union Assurance has entered a $10.6 million insurance joint venture with Tifa, an Indonesian financial services group. As a result of the tie-up, Tifa's existing insurance company, Asuransi Tifa International, has changed its name to Asuransi Commercial Union
        124 words
      • Article, Illustration
        Lock icon Worth a bundle
        53 23 Reuter HANOI A Vietnamese trader checking bundles of dong he is depositing at the State Bank here yesterday. Vietnam ia a new foreign exchange regulation, started curbing the use of US dollars and required the national unit, the dong, to be Med far nearly all transactions effective
        Reuter  -  53 words
      • Article
        Lock icon Bank of Scotland's lst-half profit up 81pc
        276 23 Bloomberg Business News LONDON The Bank of Scotland yesterday said firsthalf pre-tax profit rose 81 per cent in the six months to Aug 31, mainly because of lower provisions for bad debts as the UK moved out of recession. The Bank of Scotland
        Bloomberg Business News  -  276 words
      • Article
        Lock icon Japan expected to lift ban on debt assumption trading: report
        335 23 Bloomberg Business News TOKYO To better enable Japanese banks to rid their balance sheets of unwanted loans, the Ministry of Finance will lift a ban on debt assumption trading starting next spring, the Nihon Keizai newspaper reported yesterday. Debt assumption
        Bloomberg Business News  -  335 words
      • Article
        Lock icon Soaring demand sends Indon gold prices to record high
        457 24 Reuter JAKARTA Indonesian gold prices have soared to an all-time high because of a voracious appetite for the precious metal by both middle class and poor Indonesians, an official of the World Gold Council said yesterday. Gold prices hit 27,850 rupiah
        Reuter  -  457 words
      • Article
        Lock icon S Africa seen emerging as important int'l borrower
        167 24 Knight-Ridder TOKYO South Africa is steadily moving through the pipeline for its inauguration in the Euromarket. Among US investment banks, Merrill Lynch is said to be approaching South Africa most aggressively for a first Eurodollar offering. By tapping the Euromarket, South Africa
        Knight-Ridder  -  167 words
      • Article, Illustration
        Lock icon Asian demand for copper expected to remain strong despite price swings
        443 24 Reuter KUALA LUMPUR Demand for copper from booming Asian economies, and premiums paid regionally for the much-needed metal, will remain strong in the near term despite big recent swings in world prices, industry sources said on Tuesday. Asian countries
        Reuter  -  443 words
      • Article
        Lock icon Plague casts long shadow over India's coffee exports
        458 24 Reuter BOMBAY Plague has cast a shadow over India's coffee exports at a crucial time when planters are hoping to secure total decontrol of coffee marketing and boost their overseas sales, growers and exporters said. They said coffee shipments had been held
        Reuter  -  458 words
      • Article
        Lock icon Aussie mining giant in Cuban nickel venture
        164 24 AFP HAVANA Major Australian concern Western Mining Corporation is to form a joint venture with Cuban company Caribbean Nickel to extract the metal from eastern Cuba. The two sides signed a letter of intention last month and are to resume talks to finalise
        AFP  -  164 words
      • Article
        Lock icon Aussie sugar crop expected to hit record high because of drought
        329 24 Reuter BRISBANE Australia's 1994/95 sugar crop is now expected to hit a record of more than 4.7 million tonnes against last year's 4.3 million, topping earlier forecasts for the year, according to industry groups. The Queensland Sugar Corp (QSC)
        Reuter  -  329 words
      • Article
        Crude falls on rise in US stockpiles
        307 24 Bloomberg ENERGY REPORT LONDON Crude oil futures fell after the American Petroleum Institute on Tuesday night reported a 1.3 per cent rise in crude stockpiles, confounding expectations that refiners are processing more oil after completing seasonal maintenance. November Brent crude futures in London
        307 words
      • Article
        Lock icon Currency Reports: London
        204 24 Bloomberg Business News LONDON The dollar fell against the Deutsche mark, yen and pound as investors dumped US bonds and stocks amid concern US inflation is being allowed to get out of control. Most analysts expect tomorrow's release of the September US employment report to point to
        Bloomberg Business News  -  204 words
      • Article
        Lock icon New York
        99 24 Reuter NEW YORK The dollar drifted lower at midday amid mounting fears the Federal Reserve may not be aggressive enough in its bid to prevent inflation from surging along with robust growth. At midday, the dollar traded at 1.5419/24 marks, down from 1.5442/47 marks at the open, and
        Reuter  -  99 words
      • Article, Illustration
        Untitled
        1423 24 Iradenet filled index cakulated attaint S'pure's tup 14 trading partners Ban: year 198} US$/S$ forward rates Noon Oct 3 s$ Bid Offer 1-month 1.4744 1 4759 2-month 1.4732 1.4747 )-moitth 1.4712 1.4727 6-month 1.4670 1 4690 Sounr CK 'BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m Oct
        1,423 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end steady, Euroyen easier
        1302 25 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars were steady and Euroyen futures easier at close. Dealers said Eurodollars saw light short covering in the afternoon from European funds. "The market is trapped in a narrow range waiting for the non-farm payroll data Friday," said a dealer
        Reuter  -  1,302 words
      • Article
        S'pore rubber futures sharply firmer
        646 25 COMMODITY REPORTS Rubber SINGAPORE rubber futures ended sharply firmer although some contracts were off their day's peaks on late selling by local dealers, brokers said. Prices were generally lifted by active short covering and arbitrage buying. "The market has gone crazy again," a trader said.
        646 words
      • KNIGHT – RIDDER COMMODITY SUMMARY
        • Article
          Japan grain exchanges to merge
          75 25 TOKYO The Tokyo Grain Exchange has agreed to merge operations with Hokkaido Grain Exchange effective April 1, 1995, a Tokyo Grain Exchange spokesman said yesterday. The merger was prompted by decreased trading on the Hokkaido Grain Exchange, where azuki and soybeans are traded, the spokesman
          75 words
        • Article
          Pasar copper delivered to Taiwan
          87 25 TOKYO The Philippine Associated Smelting and Refining Corp (Pasar) has delivered its October shipments of copper to Taiwan's Walshin Lihwa Wire and Cable Co and is no longer overcommitted, according to a Walshin official. Pasar said in early September that it overcommitted its production of
          87 words
        • Article
          Japan's steel sheet orders rise
          70 25 TOKYO Japan's orders for stainless steel sheet totalled 130.110 tonnes in August, up 29.6 per cent from a year before, according to figures released by the Stainless Steel Association. Of the total, nickelbased stainless steel accounted for 88,794 tonnes, while the chrome-based steel totalled 41,316
          70 words
        • Article
          Mitsui smelter returns to production
          68 25 TOKYO Japan's Mitsui Mining and Smelting Co has returned manganese production at its Takehara plant in western Japan to full production following months of repairs, a senior company ofTicial confirmed yesterday. A fire in late May reduced the plant's 17,400-tonne annual manganese output by 70
          68 words
      • Article
        COMMODITY PRICES
        1425 25 Rubber octs Singapore Commodity Exchange Physical Prices (firtarts dosing a» at 5.30pni) Baym Seller. At at 12 rom (S cents/kg) RSS 1 Contract (S cents/kg) 7^— v |mf RSS 2 Nov 94 206.50 207.50N Month High Low (IS InlcS RSS 3 Nov 94 205.50 206.50N RSS 4 Nov
        1,425 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1078 26 -18.2 Investors spooked by prospects of a possible local interest rate hike stripped the Australian bourse of 0.9 per cent of its value yesterday, brokers said. The key All Ordinaries Index closed at a three-month low of 1,979.8 points, down 18.2 points on the finish on Tuesday, when the
        1,078 words
      • Article
        Manila
        613 26 19.7 The Philippine stock market rose by 0.666 per cent yesterday due partly to rumours involving two big business groups and speculation over property companies, analysts said here. The Philippine Stock Exchange Index jumped by 19.7 points to 2.973.31 points after a one per cent rise on Tuesday. Volume
        613 words
      • Article
        Seoul
        460 26 -7.35 Stocks swung to a sharply lower close almost across the board after three days of rises, due to a spate of late selling by institutions, brokers said. The index fell 7.35 points at 1057.24, 20 points off a morning high of 1077.71. "Institutions started selling late in the
        460 words
      • Article
        Taipei
        553 26 -235.33 Taiwan stocks plunged to end down 3.28 per cent in active trade as players rushed to dump financial and speculative shares on news a securities brokerage reported NTS2OO million in bounced cheques, brokers said. The Weighted Index ended down 235.33 points at 6,944.59, off an intra-day low of
        553 words
      • Article
        New Zealand
        275 26 -22.49 Shares closed off their lows but. for the second straight day. the top 40 stocks index shed one per cent of its value. The NZSE-40 Capital Index ended down 22.49 at 2,035.01 but off its 2,026.03 low. Turnover picked up through the session and finished a respectable
        275 words
      • Article
        Bombay
        80 26 -16.09 Selling spree pushed down share prices on the Bombay Stock Exchange (BSE) yesterday. The 30-share BSE Sensitive Index slipped 16.09 points to 4,350.05 points. Associated Cement lost 25 rupees to 4,650 rupees, Bombay Dyeing advanced by 2.50 rupees to 480 rupees. Century Textiles dropped 100 rupees to 8,300
        80 words
    • WORLD STOCK MARKETS
      • Article
        London
        789 26 -45.5 Share prices closed sharply lower, again under pressure from a weak Dow after Wall Street and US Treasury bonds were gripped with rate concerns following another set of data showing the economy is still strong. The FTSE 100 Index ended 45.5 points down at 2,956.3, a closing level
        789 words
      • Article
        Paris
        97 26 •42.40 French shares ended with severe losses, as the market retreated to new year low. The CAC-40 Index closed down 42.40, or 2.26 per cent, at 1,833.72. Paris Ort 5 Fr Air-Uquide ***** -6 00 Akald Amthom 00 -15 00 BNP 2*5 10 -2 60 Bf-Atiwl 3MI0 -10 90
        97 words
      • Article
        Frankfurt
        214 26 -26.23 Leading German stocks fell to a one-year low, pulled down early in the day by low bond prices and uncertainty about the Oct 16 general election. The DAX Index of 30 leading stocks fell as low as 1956.39 before recovering to close the official session at 1968.72, down
        214 words
      • Article
        Brussels
        156 26 -29.24 Belgian shares closed off their lows after sharp losses all day, with the Bel-20 Index down 3.0 per cent at one point. Dealers said the outlook remained pessimistic and said the direction of the new forward market today depended on the Dow's close. The Bel-20 fell 29.24 points,
        156 words
      • Article
        Milan
        108 26 -2.65 pc Shares tumbled as a row between the government and Milan magistrates blew up, with trading extended to 1600 GMT because of a breakdown in automatic system. The Mibtel Index was off 2.65 per cent. Milan Oct S Ur* AJuahi CM *40 -I Mutalu I3100 65 Btaap 147
        108 words
      • Article
        Amsterdam
        236 26 •8.36 Dutch shares failed to regain earlier losses and slipped further before the close tracking the US Dow Jones and London's FTSE indices. Dealers said the impact of the 2.10 per cent dip was softened by the fact that volume was thin, but hopes earlier in the week that
        236 words
      • Article
        Stockholm
        112 26 -16.96 Sweden's benchmark stock index fell 1.6 per cent to its lowest close since July 12 as escalating US inflation concerns sent European and US markets plunging. Sweden's OMX Index of 30 leading stocks fell 16.96 points to 1072.19. Twentynine stocks in the index fell and one rose. Telecommunications
        112 words
      • Article
        Zurich
        265 26 -42.1 Swiss shares fell strongly in active trade as interest rate worries in the US put prices in European share markets under pressure. Dealers said bargain hunting lifted prices off the day's low. But the SMI Index was dangerously low at its support line at 2,480, as a break
        265 words
      • Article
        Johannesburg
        295 26 -31 Pressured mainly by sharp losses on Wall Street and gold price weakness, South African shares ended generally softer yesterday. Dealers said the market had found muted support in afternoon trade as gold attempted a recovery, but was unable to make much headway. The Overall Index finished 38 points
        295 words
      • Article
        Toronto
        273 26 -40.42 Stocks were buffeted even lower at midday by an interest rate-inspired downdrafl and traders say there may be more losses before the dip ends. The TSE 300 Composite Index dropped 40.42 points at midday to 4227.55 in trade of 40.42 million shares worth C 5666.15 million. On Tuesday
        273 words
      • Article
        New York
        809 26 -46.76 Stock prices tumbled in heavy trading yesterday as news that factory orders took their biggest leap in more than one-and-half years sparked fears that the Federal Reserve would raise interest rates again. At 1 pm EDT, the Dow Jones Industrial Average was off a steep 46.76 points
        809 words
      • Article
        Untitled
        496 26 Vienna Oct 5 Ascti AUA 1920 SO Bank Awlna PS 405 7 CA-BV VZ *02 J EVN 1370 -5 Hufhalrn «M undi Lnuint 11% -10 Lrvtumi 419 I Macutan Hid VZ 1120 +20 OEMV VZ 967 I VA TeduioiotK 1072 S VeiMdicr J3S Vcrhund AM* A 655 I Wi— J625
        496 words
    • Article, Illustration
      Lock icon HONGKONG
      2717 27 AFP HONGKONG Stock prices dived by 2.17 per cent in strong selling by overseas buyers yesterday, with the blue-chip Hang Seng Index losing 205.76 points to close the day's trading at 9,298.36. Turnover totalled HK53.602 billion, against the previous day's HK53.064 billion. Brokers said overseas institutional buyers led the
      AFP; Source: Bridge Info  -  2,717 words
    • Article, Illustration
      Lock icon CHINA
      539 27 CLSA THE Shanghai B shares fell 2.4 per cent yesterday. Shanghai Travel posted the biggest loss of 10.6 per cent, to close at USSO.44. The Shenzhen B market retreated 1.4 per cent on a turnover of HKJ9.I3 million. Lionda and SEZ Real Estate went down 9.1 per cent on
      CLSA  -  539 words
    • Article, Illustration
      Lock icon TOKYO
      2522 27 Reuter TOKYO Stocks shrugged off Wall Street's pounding to end well ahead on gains from public fund and index-linked buying. But brokers complained the gains were largely artificial as there was a continued absence of new money from institutional investors. "It's ridiculous it's just public money supporting the market,
      Reuter; Source: Bridge Info  -  2,522 words
    • Article, Illustration
      Lock icon BANGKOK
      1598 27 Bloomberg Business News BANGKOK Thai share prices closed lower amid concerns over US interest rates and signs that mutual funds and foreign investors have been selling in recent days, analysts said. Trading was at its lightest by value since July. Trading interest remained on bank and financial stocks ahead
      Bloomberg Business News; Source: Bridge Info  -  1,598 words
    • Article, Illustration
      Lock icon JAKARTA
      1032 27 Bloomberg Business News JAKARTA Stocks rose on expectations that a successful listing of telecommunications company Indosat later this month will draw more funds to Indonesia's market and spark a rally, traders said. "The focus is still on Indosat," said Victor Wong, head of research at Gadjah Tunggal DBS Securities.
      Bloomberg Business News; Source: Bridge Info  -  1,032 words
    • Article
      CLOB INTERNATIONAL
      2404 28 M Mosaics 1,316.000 KL Industries 7,827,000 MBf Capital 6,870,000 A mat Si eel 50c J, 182.000 Idm Hyd 50c 4,616,000 Mulpha InU 50C 4,514,000 Promet 3,780,000 Ind Oxygen W|95 3,142,000 FACB MT 3.111,000 Faber Group 2,977.000 Pub 8k Foreign 2.552,000 MBf HMp 50c 2.314,000 Kulim (M) Wt99 2,181.000
      2,404 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Share prices up on positive budget news
        5650 28 Bloomberg Business News KUALA LUMPUR Malaysia's leading stock index rose for the first time in 10 days after a top government official said the federal budget should show a surplus and investors speculated that a general election may be announced today. The leading
        Bloomberg Business News; Source: Bridge Info  -  5,650 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7734 29 Cf Cr M Wl 1994 Last Vol Da, LmI Quote Dh Dt. YU Not Cap A»| Hi«li Lot Coapaa) Sok COOO) High Low »«y*r Seller Or P/E Sail Price INDUSTRIAL AND COMMERCIAL 1440 83$ ml s Acma 10l0cd+l0 177 1010 1000 1010 1020 17.5 4.7 1.7 16.1 696.2 1003 547*
        7,734 words
      • Article, Illustration
        Lock icon Market remains resilient in the face of Wall St plunge
        1853 30  -  By R Sivanithy SINGAPORE A rebound in Malaysian stocks and the continued resilience of local counters provided the main talking points in the market yesterday, as they happened in spite of a disastrous overnight session on Wall Street. After news
        Charts by Bridge Info; Source: Bloomberg  -  1,853 words
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      199 19 NEWS VALUE How today's news might affect your slocks Insas expected to buy 30pc stake in Ayer Motek (pg l) Figures talked about seem to have been plucked out of thin air. Gmza Plaza tenants threaten shutdown (pg 2) An isolated case not reflective of the shop rental situation. Cosco
      199 words
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      Page 23 Advertisements Column 2
      149 23 VENTURING INTO SARAWAK? The Sarawak Economic Development corporation (SEDC), a dynamic state-owned agency actively involved in the economic development of Sarawak, Malaysia, seeks to develop strategic alliances and new business ventures with Singaporean business concerns in the following areas: Tourism promotion and development M Property and infrastructure development (including commercial
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      50 24 HESSSZnSH You may have been unable to get your Business Times, Straits Times, Sunday Times, LJanHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, cal Customer Services Section on 1800-749-2577. and ask for home or office delivery service.
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      45 25 J Or make your dream a reality with a piece of realty. Whether you're in the market for a luxurious bungalow or an affordable apartment you can find it easily in the Classified. Move on to the Properties Section, Classifications 425 to 470. fffr CATS.
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      34 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. =sass«* offers Mb th« mo** Kb current ■F list of IF oppo^ 1 Q
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      41 26 Piaget. True values never change. ii k I wjSr Piaget Boutique and Service Centre. r f\ Yja *01-01 Mandarin Shopping Arcade, jL' I The Mandarin Singapore, j I i' 333 Orchard Road, Singapore 0923 PiageT JOAILUER EN HORLOGERIE DEPUISIB74 gen Eve
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      111 29 xv Since 1735 there has I J NEVER BEEN A QUARTZ BLANCPAIN WATCH. e And there never will be. nil H Singapore nil: IKXJK CI ASS lucky PU/j tt-l 7MM2WI Scolls.Ttel 2J*****/7IW Cei*rcp«nl W 714HWB®J Peninsula PlawTd 'iI7HIOW)WM6°i Worid Trade Centre TW 27J1007 Palais Kciwissancv Tel *****62A4 I Kafflcv 1H
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      30 30 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 o o o o o LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. BusincssTimes HVOOfAW
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      40 30 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY_ Appointments or Notices, caitui fieo 1-800-741-1883 j Th« StraiUTimM I STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. m Business Times ■nvAii
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      206 30 AMOY CANNING CORPORATION (SINGAPORE) LIMITED LOSS OF SHARE CERTIFICATES The following ordinary share certificates have been reported lost or destroyed:Certificate No. In the name of No. of Shares *****4 Co Bun Chun/ 21,960 Lim Si Tee AlOO4l Co Bun Chun/ 87,840 Lim Si Tee NOTICE IS HEREBY GIVEN that if
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      280 30 THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PREMIER LEASING SERVICES PTE LTD (IN VOLUNTARY LKXNOATKJN) NOTICE is hereby given pursuant to Section 306 ot the Companies Act. Cap 50. that a Final General Meeting of the members of the abovenamed Company w* be held
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  • Shipping Times
    • Article, Illustration
      Ships in distress to get quicker response for help
      376 31  -  By Rahita Elias SINGAPORE Ships in distress now receive assistance more swiftly, with the launch of Singapore's new $400,000 Ship Reporting System. Speaking at yesterday's commissioning ceremony, the Minister of State for Trade Industry and Communications, Goh Chee Wee, said the
      376 words
    • Article, Illustration
      Lock icon Ferries face safety clampdown
      498 31 Reuter STOCKHOLM Sweden and Finland have ordered shipowners to weld shut the bow doors of passenger ferries like the Estonia, which sank a week ago killing 910 people. Other European countries, including France and Denmark, ordered safety checks on ferries, focusing on the bow doors that
      Reuter  -  498 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      761 31 Pa«e Col Accord Group 8 1-3 'Ahlen Lines 13 5 Ahrenkiel Liner 4 4/5 *APL 5 4/5 •Appenship 4 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9
      761 words
    • Article
      Seamen's group to expand scope of welfare co-operative
      206 31 SINGAPORE The Singapore Organisation of Seamen is expanding the scope of its recently formed co-operative to enhance the welfare of members. Speaking yesterday at the organisation's 24th anniversary dinner, Zulkifli Mohammed, an NTUC deputy director, said: "In selecting businesses to be pursued,
      206 words
    • Article
      Maersk starts weekly express between China and Japan
      443 31  -  By Alec Almazan SINGAPORE Shipping major Maersk Line has introduced a weekly express service between the ports of Tianjin, Dalian. Yokohama, Kobe and Busan. The service leaves Xingang every Thursday and Dalian every Saturday. It uses two feeder vessels in the range
      443 words
    • Article
      Lock icon Saigon River oil spill threatens fisheries
      195 31 AP HANOI An oil tanker crashed into a pier and dumped 600 tonnes of diesel fuel into the Saigon River, officials said yesterday. The spill occurred on Monday at the port of Cat Lai when a Singapore-registered tanker slammed into a PetroVietnam storage tank.
      AP  -  195 words
    • Article
      Lock icon MISC takes delivery of third bulk carrier
      206 31 Bernama KUALA LUMPUR Malaysian International Shipping Corporation Bhd has taken delivery of its third 43,000 deadweight tonnes (dwt) handymax bulk carrier built by Hyundai Heavy Industries (HHI), it was announced yesterday. Named Bunga Orkid Tiga. its launching followed the delivery of Bunga Orkid
      Bernama  -  206 words
    • Article
      DAILY FREIGHTS
      1760 32 t' THE Baltic Freight Index for spot dry shipping rates rose to 1,677 on iy from 1,669 on Oct 3. Panamax and capesize rates remained firm both in the Pacific and Atlantic area, broken said. NYK. booked the 70,000-dwt China Joy in direct continuation from Japan for an
      1,760 words
    • Article
      THE SHIPPING GUIDE
      12654 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. IBMFNft PN: ship calls at Penang after
      12,654 words
    • Article
      SHIPPING AGENTS
      3054 45 A IiBC Container) ine NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pie Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg A Trdg(S). Albntros Sen-Air Service: Frata Shpg Pie
      3,054 words
    • Article
      CONFERENCES & CONSORTIA
      20 45 CONFERENCES CONSORTIA OMM (Far --K" Line; Mit«ui OSK; Nippon Yusen Kaisha; PAO ContainArab Shipping Company; Maenk MAIN ($Mt/4*«a^ Yusra* KaSa
      20 words
    • Article
      COURIER SERVICES
      276 45 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air Express Travel Td: 533-5771. Fax. 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80 Airewift Worldwide Courier Td: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: 742-8975. City-Liak International Td: 344-3377. Fax: 345-6450. Cluster Link Supplies A Services
      276 words
    • Article
      AIR FORWARDERS
      1508 45 A hex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Aetna* Singapore Td: 542-7822. Fax: *****20. Aeroiink Freight interantional Td: 545-8033. Fax: *****05. Td 542-5911. Fax: *****18. Air Cargo Novo Expresa Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74. *****50. Air
      1,508 words
    • Article
      PORT CONDITIONS
      2778 46 ALBANIA Durres: Three vessels in port operating of which 1 discharging building materials, I pipes, I bagged wheat flour, no vessels in roads. ARGENTINA Santa Fe, Diamante: No vessels berthed, none in roads, none due. San Lorenzo: Four vessels berthed of which 2 loading soya bean meal pellets,
      2,778 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      801 46 SHIP SALES TANKER RATES Simpson Spence Young THE market has seen even further improvements in the dry sector including additional newbuilding orders. Messrs TCC (Hong Kong) have now ordered 1 option 1 capesize with Halla Korea (165,000 dwt delivery end 1996) at around US$4l million each. Further enquiry is to
      Simpson Spence & Young  -  801 words
    • Article
      CRUISE & FERRY SCHEDULES
      1297 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Aft Dtp Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No OCTOBER 06 06 Renaissance I 0800 MOO Cruise to Nowhere Renaissance Cruises 222-3388 07 07 Renaissance 2 1000 1930 Cruise to Nowhere Renaissance Cruises 222-3388 07 07 Delfin Star 1000 2100
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        439 47 <HMt Vf l>» Bwtt AnWal Pggfcw V«m> Voy No Beth jrtwl P«p»rtot iurong Part Alma 11H P08A 05.10/1500 06.10/2200 Baton Mum 10/01/94 J8/9 *>ngsid« 06.10/2315 Apnl Gl 25t/9« P04 06,10/2200 07.10/2200 Caftei Liceknce >24 J12 *xv*fe 06.10/1200 Baton Spted3 A0794* P01A 0610/1200 0610/1300 Dm Guna 10/01/94 J9
        439 words
      • Article
        CONTAINER SCHEDULES
        1147 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rdts Ship Voy No Etb/Btr Period From To From Aa Daisy 0578 07/2359 1A 05/1500 05/1669 05/1900 IB 05/1500 05/1669 05/1900 3 06/0700 06/1159 06/1400 4 06/1200 06/1459 06/1700 tola*
        1,147 words
      • Article
        COCKETT BUNKER MARKET REPORT
        867 47 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        867 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        521 47 Ma S*29 Dwrfy M( M*e Uk Nwtt*I S«to«rt M/M Enon KG/M*3 %V/V tN/M M/M H* «*»wl BO/Cknac 1Mb Spec E25 991 1.0 15.0 110 30* 110* Spec G35 991 1.0 110 0.15 30* 0.10* NvVhki Empe 180 Am 980 12 110 0.04 9 002 180 Ms
        521 words
    • Article, Illustration
      Lock icon Disputes between shipping and shippers groups best resolved through dialogue
      1159 48 There is nothing wrong with carriers working together, having a big market share or charging higher prices International Transport Journal WHEN a market undergoes substantial structural changes, it is inevitable that the terms in use no longer conform entirely to
      International Transport Journal  -  1,159 words
    • Article
      TRANSPORT DIARY
      442 48 COURSES Title: Marine Insurance (SDF 50%) Duration: Oct 6 Nov 10 Organiser Singapore National Shipping Association Tel: For further details and application forms contact SNSA at 278-3464 or fax: 274-5079. Title: 6th BIMCO Course in Singapore Duration: Oct 10-11 Organiser Singapore National Shipping Association Tefc For further details
      442 words
    • Article
      Lock icon GM reorganises once more to streamline car development
      1009 49 Merger of four operations into two will stifle fratricidal competition among them NYT GENERAL Motors Corp announced its fourth reorganisation in 10 years on Tuesday in an effort to streamline its approach to developing cars. Executives stressed that the latest attempt would
      NYT  -  1,009 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon British govt to appeal against £2.4b subsidy for Air France
        420 50 UPI LONDON The British government says it will challenge a £2.4 billion (555.5 billion) French government subsidy to Air France in the European Court of Justice because it distorted competition. The European Commission, the executive of the European Union, decided
        UPI  -  420 words
      • Article, Illustration
        Lock icon Vroom with a view
        35 50 Reuter PARIS German carmaker Mercedes-Benz presenting its Etude SLK to the press at the World Car Show on Tuesday. The 10-day car show opens its doors to the public today. Reuter
        Reuter  -  35 words
      • Article
        Lock icon Study adds fuel to US auto makers' clean-car push
        290 50 Bloomberg Business News WASHINGTON A US carmakers' plan to sell cleanerburning cars throughout the nation could clear the air in the north-east just as much as a plan to adopt California-style rules there, the US Environmental Protection Agency has found. The
        Bloomberg Business News  -  290 words
      • Article
        Lock icon Europe carmakers expect modest rise in sales next year
        436 50 Reuter PARIS The European car market is recovering from the painful blows of a deep drop in sales in the past two years and after a calm 1994 there should be a modest rise in 1995, industry executives said on Tuesday.
        Reuter  -  436 words
      • LOG BOOK
        • Article
          Lock icon Smoking banned on all US flights
          76 50 Bloomberg Business News WASHINGTON The House passed a bill on Tuesday banning smoking on all domestic flights and on international flights to and from the United States, the Associated Press reported. However, the ban, which must now be considered by the Senate, will not
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Nissan to cut prices in 1996: report
          78 50 Bloomberg Business News TOKYO Nissan Motor Co will begin selling cars at prices 10-20 per cent cheaper than current models, beginning around 1996, the Nikkei newspaper said. To achieve the cuts, Nissan is working with parts makers to reduce production costs by about
          Bloomberg Business News  -  78 words
        • Article
          Lock icon American Honda sales slump
          52 50 Knight-Ridder NEW YORK American Honda Corp yesterday reported that sales of US-built cars totalled 40,117 units last month, down from 46,422 a year earlier. Average daily car sales were down 13.6 per cent. There were 25 selling days in the latest month, unchanged from a year
          Knight-Ridder  -  52 words
        • Article
          Lock icon Daihatsu to lift China output capacity
          110 50 Bloomberg Business News TOKYO Daihatsu Motor Co, a manufacturer of small cars and commercial vehicles, will raise its production capacity in China, Japan's Jiji Press wire service reported. The company said it will increase its capacity for making small sedans from about 100,000 units
          Bloomberg Business News  -  110 words
        • Article
          Lock icon Debris from missing plane found
          78 50 AP SYDNEY Searchers found pieces of debris from a plane carrying nine Australians which disappeared over the Tasman Sea four days ago, officials said yesterday. There were no signs of survivors. The Bureau of Air Safety Investigation said the debris was confirmed as being from
          AP  -  78 words
      • Article
        Lock icon US Air bonds' fall expected to continue
        532 50 Investors worried after financially pressed carrier defers payment of dividend Bloomberg Business News NEW YORK USAir Group Inc's deferral of a dividend payment last week has some bond investors concerned that the carrier's bonds won't pull out of this year s 39 per
        Bloomberg Business News  -  532 words
      • Article
        Lock icon Mexican airline's troubles a grim reminder to investors
        431 50 Bloomberg Business News MEXICO CITY In March, Gerardo de Prevoisin, then chief executive of Aerovias de Mexico SA, was named Houston Aviation Executive of the Year for turning around Mexico's largest airline. Seven months later, Aeromexico is in a tailspin after telling
        Bloomberg Business News  -  431 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1278 50 cny n*t m n»_ MaMaM SQ441 1505 GF147 1850 GA975 1520 GA883 1545 SQ228 1955 Qf82 2050 Owilli <«m KL843 0605 SQ26 2355 SQ25 0630 GA975 1520 KL837 1550 Htmm SQ347 0640 flTlilmi SO286 2040 BAM 1350 SQ288 2045 1 7 M I 9mmm Bt421 1105
        1,278 words
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      21 31 2 New Services to Far East RTA Arriving Wed to Pusan Incheon lAX Arriving Fri to Tokyo, Osaka Yokohama Hotline *****30
      21 words
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      Page 31 Advertisements Column 2
      26 31 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National vShgpßy Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
      26 words
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      Page 31 Advertisements Column 3
      62 31 the FAMOUS CaußOPi ■CBHM3 224 1833 For more Information ploaae rofar to Pg. IS Shipping disputes best left to industry, Page 18 GM reorganises for fourth time in 10 years, Page 19 UK appeals against £2.4b subsidy for Air France, Back Page STRAIGHT TALK You shouldn't have to read between
      62 words
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      Page 32 Advertisements Column 1
      1913 32 I IMPORTfMPOKV^ «aa ww stm uomva so dm. howtow ok w nomm «m stm www mowiwo mokmbb smtm nemmum mmmm I vtaa/wr 1 u» —no omui» .wcju*> y» <-»oh CMKMMFCMM MM 22.11 2UI KM 27.11 2111 2UI 2111 211* ail CMCOM MSSM V2I Mil Ull IUI 2111 M.ll U.ll LJ
      1,913 words
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      Page 33 Advertisements Column 1
      1550 33 OOCL ,-v -re LTD jaRDINE shipping agencies jardine shipping agencies son. BHD. 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 JAV 2^ 7 7776 PJX 03- 7 5«342 CPS 03-*****42 CR NUMBER: **********0 C ANG DOCUMENTATION TEL *****55 <INWARD)/*****90 (OUTWARD) IPOH TEL: *****3/4 FAX. *****6 SERVICE TEL *****92/*****91/*****93 P.GUOANG TEL:
      1,550 words
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      Page 33 Advertisements Column 2
      1732 33 mamssasm U. S. A. /CANADA 3 TIMES A WEEK MS. KOBE V.9416 ETA SIN 10TH OCT 94 MC-KINNEY MS V.9408 ETA SIN 11TH OCT 94 ANDERS MS. V 9416 ETA SIN 12TH OCT 94 VMM Voy ETA ETC DESTINATIONS ~N*xt iiiii mc-kmtcv maersk v Mos ■^■9^^Q9K3BII^QHQIRSS3ZB^DBI3!IE9Bm9DBBSI!^^II cv ii/w moo mrs
      1,732 words
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      Page 34 Advertisements Column 1
      1504 34 AQABA R'OAM/ LE ALSO ACCSFTWO PROM VESSEL VOY NO SPORE JEDOAH (VIA JED) 8 TOW H BUWO AWEBP HAVRE WEST MALAYSIA II KITAWO 27/339 11/10 19/10 2S/10 26/10 31/10 2/11 4/" Port MMnQ. P«*no KAMAKURA 36/140 12/10 29/10 1/11 30/10 Pt-r ELBE 24X0 16/10 2/11 5/11 7/11 */11 MALAYSIA THAMES
      1,504 words
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      Page 34 Advertisements Column 2
      590 34 #SH|lip|||||||k| B S'pore P.KetangLoadlngfOf^^^^^^ I FORUM WIND 6/10 9/10 Rdm/Atu/UK/Nantes I 'Loads E./W. Malaysia, Indonesia I Loading for I BUFFALO Jeddah/Aqaba I I PAN CRYSTAL Oubai/Bahrain/Damman/Huwait I 'Loads Singapore, E./W. Malaysia. Indonesia I Loading for lEM XANTHOS Los Angeies/New Orleans/ I Charleston/Norfotk/Camden M A HAZER Los Angetes/New Orleans/ M I
      590 words
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      Page 34 Advertisements Column 3
      993 34 NORASiAI [wuwma mm-] oc/io zo/io 31/10 01/11 02/11 03/11 04/11 ova 05/11 04/11 f I rrnrnn»44oa ivio 05/11 10/11 11/11 00/11 00/u 10/11 u/u u/u u/u B SEA IMCEmM 441N 10/10 U/U 17/U 10/11 15/11 10/U 10/11 17/11 17/11 U/il A HORA9M M.-MUHTAZAH *442-3 20/10 10/U 23/11 24/11 2Z/U 23/11
      993 words
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      Page 35 Advertisements Column 1
      1198 35 H STRAITS SHIPPING PTE LTD 10 Mm Chiang Road #11-01 Keppd Towers Singapore 020S Tot: *****8* Fax: *****17 niw ouinka pacific uni iStjPP (A service of china navigation co r t« sms ißßr* STMITS rm *20E Murl. L* 06-07 Oct M Oct W Oct FCL, LCL CONTAMER ANO MEAKMJIK URVtCE
      1,198 words
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      Page 35 Advertisements Column 2
      2010 35 Contflllicfs P4 Coßt ,n (Singapore Agencies) Pte Ltd w 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327 222 7517 I CR Number: *****9 *****Z EXPORT iMPORT tssfl VOY 'PRO *PKO MM I SOU AWT ROT
      2,010 words
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      Page 35 Advertisements Column 3
      1103 35 Vlpr* AMERICAN PRESIDENT LINES, LTD. 19 worn WOAD *03-01 JET WH *ULOWG SmOAKm 030* TEL: 22*-**** fu 331-4*33" ALSO OFFERING SERVICE TO/FROM •PRC 4 CIS VIETNAM *EAST RUSSIA 'CARIBBEAN LATIN AMERICA *EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY TowoHtH mmm <y*°* jwwwmbmbbmbbbb pi «sm ww I pel I fbi
      1,103 words
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      Page 36 Advertisements Column 1
      565 36 ifK EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE raCMIMMMCITY >AQM I MAMPPHOMK/BWtCT fIipWYMM j—MjLVWI CHAM HHm/IWgM ►TO VIETNAM/HCMC 1L wm. AeilTKB yS->ik<^naw• CENTER-POIN I UW» LINES wt n> iwt hot in kmc tft fmo «ati 2Zil 11/1* a —J— lid! lt/n HO CHI MINH
      565 words
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      Page 36 Advertisements Column 2
      1250 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 P?P U^E^_LI-- L J FM YSI SJH IM HAU Sl* TVS FOX FOR ttl SM LM H*U S*» l* >*C HANJM SMGAfOIK 015 C 7/10 OKCT 27/11 21/10 30/10 HMUd BUSAM 14« 1/10 H. KUW6 <»« }>/}{ HMUN BKMW
      1,250 words
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      Page 36 Advertisements Column 3
      20 36 SPORE •A' VEBSEL OC-192 24 OCT To Buenavwturi/BjnanMU/Saita Martj/Cartaim/ [)ofrw i o Pto Qu«lijt/*ca(u«a/Sjn Lor«rao/C«Mo/Pto CMva/Li Gu*i/ Putrto C»b«fc/Cmtob»l, Baboj
      20 words
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      Page 36 Advertisements Column 4
      1260 36 5?,. 5L 5 1 10 *™UUOBI*UKUNHHI» W P* Ol m I ii/M ti J! Ji/I! m/i. if(! *52! /u a/w 8/11 1/11 n/» ivu s/12 »/u 7/12 «/u i/u wu a/u v\ «/i I SiSVli? I! x HH J(H .i /u 4/u vu B/ i/u */u u/u ivu wu ivu
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      1939 37 y 'NEPTUNE AMAZONITE 11W ETA SGP 08/10/94 II II BB U ETA RDM 24/10/94 FLX 25/10/94, II H II BRE 27/10/94, LEH 29/10/94 II i \tSS!n^^S^l!w7!!S^ffeAulS!SSAT!SSu^cxn^!9w^^moUL^mo!S^^S!^^MAor vessel I vor los oaT van set m <<o </a /></ ptr 1101 \<>k ma w* CALIFORNIA JUPITBR I ~76 il/Io" TO/10 31/10 02/11
      1,939 words
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      Page 37 Advertisements Column 2
      1068 37 I a I MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Grot*)) CR NO: **********0 C ENQUIRIES: *****33 BOOKWGS: *****64, *****51, *****31, *****13 BALTIC: INWARO *****97 OUTWARD *****10 T/S *****10 kv ,4k BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59
      1,068 words
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      Page 38 Advertisements Column 1
      1236 38 M AS AGENTS: "t" LHK (SINGAPORE) PTC LTD (CI NO; **********0M/GST REG NO: M2-0017JJM) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 ■A W W IkT ¥3* MALAYSIA: t" LMIMAJUTIMI (MALAYSIA) SON BHD Wfkm TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 I INDONESIA: P.T. SAHAIIA LA«T MTBMSA.
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      Page 38 Advertisements Column 2
      1152 38 70 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****02 FAX: *****57 CR **********0N PORT KLANG/BELAWAN 1 GUDANG rasa I voy I si I wa I am B vtssa wot I sw rtw XOW JAYA 9*068 07/10 (F«) 09/10 (SUN) B MCC COWVtYOW 4P40 07/10 (FIB) 09/10 (SUN) VIGOUB 9433MK 07/10 (FW)
      1,152 words
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      Page 39 Advertisements Column 1
      805 39 Still PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building. Singapore 0106. SSBSSSV CR NO *****6 *****E j ,i 1 I VESSEL VOY SIN CMS JIB MOO JEO AOJ AOE PZU ASA MSW I 1 KOTA WMAWAN WRN47S 9/10 14/10 20/10 22/10 24/10 20/10 5/11 10/11 13/11 f
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      Page 39 Advertisements Column 2
      892 39 WSStLS WOT 1 S4N I IE HAVRE HAInBUKG THAMES NOTTENPAM AHTWEHf MILE 0 HYDRA HOW 11/14 3 1 n.u ot im tow u/io w» H£II l J!ll is/n__ HUE K VEGA 2VIO 16/11 22/11 Wilt 01 NIL* WftW 01/11 23/11 M/ll »/ll 1 •Also ACCEPTXG CARGO TO All tIJ OESTWATIOW
      892 words
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      Page 39 Advertisements Column 3
      631 39 BSA 4 MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIj Pen P.Gd| MYOMA TWA VIS3W SM SM SITTWC V64W S/9 Oct HPA-AN V2OSW In ft AVA VI 30*1 6/10 Oct U/13 Oct 2/1 Oct MAIATSA MINTS BOUSTtAO SMPPMG AGENCCS KUL HI 02-*****00 PHI Ttl 03-3M4767
      631 words
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      Page 42 Advertisements Column 1
      1856 42 wmmmn Wmftwm ZH l rW £Z?JZ¥rc */L: 4205*02 Ow~rt>~ C-ftey: TStcaSJMM SHIPPING PTE LTD cosi" cZ£ZL*Zosuo *****49 SWM W*y -I/ O# C* Ma: **********0 M Fax: 22*2208 750 J OSS SMc r«MT 2 UCH No: CCSV IOHOKI Office. r *****1S F«c *****9 m "3 MWWW OJOO «ST WO: M2-00**405-X COSTAH
      1,856 words
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      Page 42 Advertisements Column 2
      941 42 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND m PEN IOH SW HKG MO TAI KEE YOU TKY NAG *06 OSK MO) BUS WAN HAI 211/N022 03/10 OMIT OS/10 0606/10 11/10 12/10 14/10 16/10 T/S »n MO 19/10 20/10 22/10 23/10 WAN HM 202 N072 04/10 OS/10 07/10 0909/10 13/10 14/10 16/10 17/10
      941 words
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      630 43 I FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 10/10 ROTTERDAM 10/10 AARHUS/COPENHAGEN 10/10 HAMBURG/BREMEN 10/10 MARSEILLE/FRANCE 07/10 FELIXSTOWE/UK 10/10 BARCELONA/SPAIN 10/10 lEHAVRE/FRANCE tl/10 GENOA/ITALY 10/10 ANTWERP/BELGIUM 10/10 LOS ANGELES/WC/IPI 08/10 SYDNEY/MELBOURNE 08/10 NEW YORK/EC 08/10 FREMANTLE/ADELAIDE 09/10 VANCOUVER 07/10 BRISBANE
      630 words
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      Page 43 Advertisements Column 2
      852 43 ~y 1 i ■ftl——■ r rrrr. I *°i §P I wnm voy «w■ JSAAJHUM 711 Fri WiJWJi 1 pgjA BHUM 4001 Frt 7/10 Srt 0/10~ M __*g* §f! I*s BHATBABHUM SOS tot j/10_ Tbu I>/10 TERATAJ TEMOO Sun 0/10 Tu« 11/10 RATHA BHUM WW Thu In Pt tun >/1Q VIRA
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      Page 43 Advertisements Column 3
      197 43 BANGKOK/UP! CHMWC/LAOSj 1/10 (SAT). 11/10 (TIE) POUT KELAMG/PCNAN6 13/10 (THU), 14/10 (FIB) HONG KONG 11/10 (TIE). 14/10 (FW) H*WT» 1/10 (MT) MOWU/gBU/aaC BAY 10/10 (MOW) HO cm—< 14/10 (FW) SURABAYA 9/10 (SHI) IiUSAH »/10 (SUN) VS DONGNAMA LINE mm (MB) w~l ma mi m mi MUMS MIW 11/ M IVM
      197 words
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      Page 43 Advertisements Column 4
      562 43 RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) CR NO.: **********0E ETHIOPIA* BWPIIII LWISI If f ACCEPTING FCL AND CONVENTIONAL Vassal Voy Loading Per Abbay Worn 41WB 15/11 Mombasa, Dkboutl AlMt. Maesaws Abbey Worn 42W8 15/12 Mom Ma*. Djibouti AMAt),
      562 words
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      1418 44 P.KELANQ: (OS) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PKL SIN 5 SAHH6S/WEEK J™ PK SIN 5/10 6/10 7/10 HKG/BKK/KEE/KHH 7/i "''J 7/10 8/9 9/10 HK6/BKK/KEE/KHH G burf/CTiafen/S hofcn/Oslo 7/10 8/10 9/10 9/10 10/9 11/10 HKG/BKK/KEE/KHH 8/10 9/lo 10/10 I i TO f/LO SHANGHAI/DALIAN JPW/KOREA/MflWlLfl XIAMEN/BEIJING Mania/Cebu
      1,418 words
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      Page 44 Advertisements Column 2
      186 44 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD Hft IT* EU STOtt rati RUMS rtNANG am mk to/io 1/10 loadmj tot kUtf ■IWM HUOHU 21/10 loadtnj tof Dot>ii DOMN 20/10 Loading fw Mate mu sum* 10/10 loading for Mt UMMEDH 1/10 loading fv Male ntoGHSs iwn 22/10 Loading tor
      186 words
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      Page 44 Advertisements Column 3
      819 44 f O THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I \7 TEL: 227-5088 FAX: 227-6011 I I V V TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I a rmmmm mmmm cottrnmr I nnnt TA cAßAuiAif SINGA EXPRESS SINGAPORE TO SARAWAK SINGAPORE
      819 words
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      63 48 PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times l > TRAIN ofwow, 3 "train\cocA /V "*'lof j^S/ J Jl any job. any career. Available any day. A Any Time. Anywhere. I JP 1 The Straits Times The Sunday times Business Times The new Paper yV LIANHE
      63 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      586 49 HYUNDAI MEBCHAHT MARINE CO. LTD. WESTBOUND TO EUROPE BKO; *****61 fpfM* n(P pfiD* VESSELS WY SN RTM AHT* IDT HAM BREJ FH. fos/Io "ww *****~ nomsw fmbourg 3ili io/To a/I« so/To 29/10 30/10 wu 01/11 12/1® u/io 15/10 H. CHALLENGE* 312W 17/10 04/11 00/11 05/11 00/11 00/11 00/11 19/10 21/10
      586 words
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      Page 49 Advertisements Column 2
      334 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY UFTS IWOIHIO VESSELS vessel voy n ac a mm MM MIAN S 11/11 COORCLEABER 47 1/1* 12/11 IRAK WTO 71 11/16 KBMM 33 12/11 11/11 11/11 11/11 ORAME MOON M 11/11 12/11(1110 IVIKRRK) oroom) vessels SP BIT Ml JUT 11/19 BAAB
      334 words
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      Page 49 Advertisements Column 3
      631 49 vosEi Ivor |sw eta/p |uu [oak lew Ibrl Imbvcol|hob lure Ink mm HUDSON —WE 7IA 81/18 23/11 28/18 21/11 27/11 27/18 21/11 2R/18 2S/1I AUJSATOR WCTOBY MA iyiB 3R/1R *1/11 w/n «/ll »Vll W/ll 85/11 mam m m 2»/n rr/u ri/ii m/u 11/11 it/11 11/11 11/11 12/11 ALUSATOR MjMgjl MA
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      299 49 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0900 0400 0500 0600 0700 0100 0900 1000 1100 1200 1900 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 JR 3.1 2.1 2.2 1.5 0.9 Of 0.5 0.6 1.0 1.1 2.6 3.1 11 2J 2.3 1.5 0.9 0.4 0.2
      299 words
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