The Business Times, 30 May 1995

Microfilm: NL19983
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    12 1 SINGAPORE BusinessTimes WE KNOW ASIA MITA(P) 194/12/94 Tuesday May 30 1995 85*
    12 words
  • 2am LATEST
    • Article
      Lock icon Russia to join Nato military programme
      38 1 Reuter THE HAGUE Russia has told Nato it will join a military cooperation programme with the alliance this week, ending doubts over whether Moscow would do so, diplomatic sources said here yesterday.
      Reuter  -  38 words
    • Article
      Lock icon Allianz to break with industry on fire rate
      51 1 Bloomberg Business News MUNICH After years of losses in its industrial fire insurance division, Aliianz Versicherungs AG, the property and casualty unit of Europe's largest insurer Aliianz AG Holding, said it is breaking with the industry pricing commission to set its own
      Bloomberg Business News  -  51 words
  • Article
    MARKET SUMMARY
    168 1 Stock market indices Monday Chance STII 2,154.40 -8.84 KLSE Comp 1,043.48 -4.09 Nikkei 15,574.03 -120.22 Hang Seng 9,316.17 -13.01 SET Index 1,382.08 -7.83 Jakarta Comp 472.76 -0.93 Manila Comp 2,744.37 -20.14 Taipei WPI 5,597.44 +73.37 Seoul Comp 887.5 +40.41 Bombay BSE30 .3,249.25 +13.70 CLSA China B 788.81 -1.13
    168 words
  • Article
    Parkway's $350m bond issue draws overwhelming response
    582 1  -  By Catherine Ong SINGAPORE Parkway Holdings' proposed 5350 million corporate bond issue to finance the takeover of the Asian hospitals of US-based Tenet Healthcare Corporation is turning out to be the hottest fixed-income deal in town. Business Times understands that barely days after
    582 words
  • Article
    Lock icon Severing S'pore ties is no longer an option: Philippine minister
    243 1 AFP Reuter MANILA Severing ties with Singapore is no longer an option for Manila, regardless of the outcome of a third party autopsy on the remains of a Filipina maid whose murder was central to the downgrading of diplomatic ties,
    AFP; Reuter  -  243 words
  • Article
    US dollar fears dampen regional markets
    306 1  -  By Paul Leo SINGAPORE Regional stock markets eased yesterday on expectations that the US dollar would continue to be weak. The Singapore Straits Times Industrials Index fell 8.84 points to 2,154.40 but, despite the cautious atmosphere, analysts and dealers said the underlying sentiment was
    306 words
  • Article, Illustration
    Lock icon F J Benjamin Holdings plans to seek mainboard listing
    489 1  -  By Jenny Lam SINGAPORE FJ Benjamin Holdings, a leading fashion retailer and distributor in Singapore, plans to seek a listing on the mainboard within two years. Frank Benjamin, the group managing director, told Business Times the main reason for the listing
    Photo by Chris Loh  -  489 words
  • Article
    GIC in talks with Yaohan for stake in Shanghai centre
    392 1  -  By Schutz Lee SINGAPORE The Government of Singapore Investment Gorp (GIC) is one of several parties having talks with Japan's Yaohan International Group on taking a stake in a wholesale distribution centre in Shanghai. But Yaohan's Singaporebased executive vice-president Mitsumasa
    392 words
  • Article
    Lock icon China issues new rules to fight graft
    223 1 Reuter BEIJING China issued a new set of tough rules yesterday banning state enterprise officials from setting up private businesses, helping relatives or using their firms' assets for themselves in a mounting battle against corruption. The newest regulations are the latest salvo in
    Reuter  -  223 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Catering index up 9% in March
        267 2  -  By Jenny Lam AFTER eating out less in the first two months of 1995, Singaporeans got back some of their appetite for wining and dining in March. The slowdown in business in January and February was finally reversed, with the latest Catering Trade Index
        Source: Dept of Statistics  -  267 words
    • Article, Illustration
      Tight labour market may hinder wage clamps, employers warn
      585 2  -  By Chuang Pack Ming EMPLOYERS and economists yesterday generally welcomed labour union chief Lim Boon Heng's call for caution on pay increases and bonuses this year, but some wondered if it would make much difference given the still-tight labour market. "We're
      585 words
    • Article
      Expat managers rank S'pore workers tops
      484 2  -  MNCs find Republic a good investment location despite rising costs: Perc By Ven Sreenivasan DESPITE the rising cost of doing business here, multinational companies still find Singapore a good investment location because of its highly rated workforce, according to a survey conducted by Political
      484 words
    • Article, Illustration
      Compaq to expand engineering role in S'pore: new MD
      326 2 COMPAQ Computer Asia's new managing director Wong King Yoong says expansionary moves in the pipeline will give the local plant a bigger engineering role. The Houston, Texas-based company which has five plants worldwide will expand its Yishun plant to more than
      326 words
    • Article
      Developed nations promoting restrictive work practices: Teo
      245 2 COMPANIES venturing into emerging economies may face restrictive labour practices promoted by developed nations, Acting Environment Minister Teo Chee Hean warned yesterday. Some of the groups that pushed for such practices were well-meaning, but others wanted to protect industries in the developed world,
      245 words
    • Article
      Outstanding car loans growth continues to slow
      384 2  -  By Soh Tiang Keng SINGAPORE The growth of outstanding car loans continued to slow in February, notching up a figure of 31 per cent compared to an annual rate of more than 50 per cent in the first half last year. This downward
      384 words
    • Article
      Local cigarettes not affected by recall, says Philip Morris
      386 2 PHILIP Morris cigarettes sold locally were not contaminated and would not be recalled, the company said yesterday after a poison scare which has prompted the recall of billions of sticks in the US. Singapore-based Robert Tay, general manager of Philip Morris
      386 words
    • Article
      S'pore a full member of WTO group
      99 2 SINGAPORE will take on a more active role in the World Trade Organisation (WTO), Communications Minister Mah Bow Tan said in Seoul yesterday. He disclosed that Singapore would become a full member of the Negotiating Group on Basic Telecommunications. The republic, so far,
      99 words
    • Article
      Better express letter service: TAS
      113 2 SINGAPOREANS can expect better services and competitive prices in the express letter delivery business, said the Telecommunications Authority of Singapore (TAS) yesterday. The expected improvement follows liberalisation of the business in February. Since then, the TAS has issued licences to 68 local and 38 international
      113 words
    • Article
      Industrial diesel oil bows out on July 1
      104 2 THE Ministry of Environment is phasing out industrial diesel oil (IDO) from July 1, leaving automotive diesel oil (ADO) as the only grade of diesel oil available in Singapore. IDO, used in industrial diesel engines in construction, manufacturing and hotels, has twice
      104 words
    • Article
      Exhibition spawns US$265m deals
      93 2 BUILDING Week '95 yesterday ended with more than US$265 million (Ss36B million) in building and construction deals struck. Over US$27 million of sales were made on site, while the rest were orders projected over the next 12 months. This year's show was also 53 per cent
      93 words
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      Page 2 Advertisements Column 1
      330 2 When.was (he lc^t,t)nie|YQu elements? BOSS elements STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. Business Times University of Leeds m mk University iylJljt J lj|_ I The University of Leeds A grew from the Yorkshire JZJjjtrfL College of Science and
      330 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Malaysia to rein in fiercely competitive telecoms industry
      380 3 Reuter Bloomberg Business News KUALA LUMPUR Malaysia, in a move to put the brakes on its intensely competitive telecommunications industry, will hold back some private sector projects as well as force its numerous operators to work together, Energy, Telecommunications and Posts Minister
      Reuter; Bloomberg Business News  -  380 words
    • Article
      Lock icon Batam's soaring foreign investment
      81 3 AFP JAKARTA Foreign investment on the industrial island of Batam more than quadrupled in the three months to March to U*****.5 million (SS22S million) from last year's US$36 million, an official said yesterday. "We always try to create an investment environment with supportive infrastructure, facilities and
      AFP  -  81 words
    • Article
      Lock icon WTO chief lauds commitment of Thai, S'pore, Philippine govts
      201 3 AFP BANGKOK The head of the fledgling World Trade Organisation (WTO) yesterday praised Thailand, Singapore and the Philippines for their commitment to resolving the thorny issue of liberalising international financial services. "In the three capitals that I have visited... I have
      AFP  -  201 words
    • Article
      Lock icon Indon deregulation programme to continue: minister
      254 3 Reuter JAKARTA Indonesia's Trade Minister said yesterday that the government will eventually deregulate every element in the national economy that obstructs growth and efficiency, the official Antara news agency reported. Yudono Satrio Budiardjo, in an apparent response to criticism of the government's latest econojnic
      Reuter  -  254 words
    • Article
      Vietnam to allow foreign law firms to set up shop
      313 3  -  By Harish Mehta SINGAPORE Foreign law firms will soon be allowed to open shop in Vietnam but foreign lawyers remain barred from practising in the country. According to a report in the English-language weekly Vietnam Investment Review. foreign law firms
      313 words
    • Article
      Lock icon Fort Bonifacio's deal completely legal, says Philippine official
      184 3 Reuter LEYTE, Philippines The chairman of the Philippine government agency in charge of the country's biggest ever property development project said the Fort Bonifacio deal was completely legal. Victor Lim, chairman of the Bases Conversion and Development Authority, was commenting yesterday on
      Reuter  -  184 words
    • Article
      Lock icon Indonesia to propose US$30b in projects
      63 3 AFP JAKARTA Indonesia will propose US$3O billion (5541.7 billion) worth of development projects to the fourth meeting of the aid consortium Consultative Group for Indonesia in Paris in mid-July. "The most important ones will be projects in human resources, infrastructure, agriculture, environment and regional
      AFP  -  63 words
    • Article
      Lock icon Malacca may cancel storage plan
      91 3 Bernama MALACCA The Malacca government may cancel plans to turn the state into a centre for storing and distribution of manufactured goods if the move will result in compounding the congestion in the Straits of Malacca. Chief Minister Abdul Ghani yesterday said the move was
      Bernama  -  91 words
    • Article, Illustration
      Lock icon Villagers under threat
      49 3 Reuter BAMBAN, Philippines A Filipino resident near Mt Pinatubo begging for money from motorists passing through this town yesterday. Villagers in the area arc threatened again by mudflows from the volcano as the rainy season starts. Mt Pinatubo last erupted in 1991, killing 800 people. Reutcr
      Reuter  -  49 words
    • Article
      Lock icon KL to ban liquor ads
      77 3 AP KUALA LUMPUR The government plans to ban advertisements of liquor, including beer, in keeping with the country's Islamic tradition. The Star newspaper yesterday quoted Deputy Information Minister Suleiman Mohamed as saying that the ban will take effect later this year. Islam forbids the consumption
      AP  -  77 words
    • Article
      Lock icon Indon court under pressure
      69 3 AFP JAKARTA The Indonesian Supreme Court is constantly under pressure from the government, which tries to influence its rulings, a former head of the court said in newspaper reports yesterday. 'We often receive requests from the government to cancel or delay the execution of a Supreme
      AFP  -  69 words
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      Page 3 Advertisements Column 1
      163 3 i .»>■ •i'Oil yirt' x 3 j $165 Women's Compact Wallet, No. 4837 Slimfold I D. Wallet, No. 4691 Court Bag. No. 9870 Envelope Folio. No. 5277 4" x 139 Closed: 4" x 3 7 /i6", $105 »V«" 7'/«" x 3*A", $399 15' V x 107 V, $509 Mini-Belt Bag,
      163 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China overvalued trade: paper
      101 4 Bloomberg Business News BEIJING China is overvaluing the size of its trade and underestimating the size of Gross Domestic Product (GDP), the official China Market Economic News reports. The paper said last year's trade estimate by China's State Administration of Foreign Exchange Control was U*****.4 billion
      Bloomberg Business News  -  101 words
    • Article, Illustration
      Lock icon Winery drunk on Chardonnay sales
      53 4 Reuter QINGDAO, China Huadong winery's chief winemaker Wu Lizhu tasting a Chardonnay in the estate laboratory. The winery cannot meet demand and last year its Chardonnay made from grapes picked from the Laoshan mountains was placed second among 20 vintages in a blind tasting at
      Reuter  -  53 words
    • Article
      Lock icon Yangtze reservoir to serve Shanghai
      51 4 AFP SHANGHAI Shanghai plans to build a reservoir at the Yangtze river mouth to meet its water needs in 2010, Chen Kexin, vice-director of the Shanghai Bureau of Water Conservancy, said yesterday. Shanghai, China's most populous metropolis, currently needs 6.5 million tonnes of water daily.
      AFP  -  51 words
    • Article
      Lock icon Half of HK people want Patten replaced: poll
      195 4 Reuter HONGKONG Nearly half the people of Hongkong want Britain to withdraw Governor Chris Patten and replace him with a local council, according to an opinion poll published by South China Morning Post yesterday. The survey, carried out by Asia Commercial Research
      Reuter  -  195 words
    • Article
      Lock icon Zhu wants curbs on fixed asset investment to fight inflation
      526 4 AFP Bloomberg Business News BEIJING China's economic supremo Zhu Rongji called on local authorities to limit fixed capital investment in a new measure to dampen inflation, press reports said yesterday. "Since the start of the year, central government has reduced
      AFP; Bloomberg Business News  -  526 words
    • Article
      Lock icon Deng is in good health, says his son
      399 4 Reuter CANBERRA The son of Chinese paramount leader Deng Xiaoping said yesterday his 90-year-old father was healthy and he advised people to ignore rumours that his family was being investigated for corruption. "He's in good health," Deng Pufang told a news conference
      Reuter  -  399 words
    • Article, Illustration
      Lock icon Taiwanese sceptical about Sino-Taipei talks
      460 4 Reuter TAIPEI As a senior China envoy ended a successful trip to Taiwan yesterday, having set a date and agenda for a second session of bilateral talks, several Taiwan officials said they were sceptical whether the talks would solve any problems, and prime minister Lien
      Reuter  -  460 words
    • Article
      Lock icon Cost-hit Shenzhen now growing slower than rest of China
      406 4 Bloomberg Business News HONGKONG Shenzhen, once China's brightest showcase for market reforms, is now growing slower than the rest of China as mounting wage costs drive factories away. Industrial production in Shenzhen grew 14.7 per cent in the first four months
      Bloomberg Business News  -  406 words
    • Article
      Lock icon Patent-holder wins China's first million-yuan judgment
      338 4 Reuter BEIJING A Beijing court has handed down what state media called China's first mil-lion-yuan judgment in an intellectual property infringement case, ruling in favour of the patentee of a mineral water machine. The judgment was the third major anti-piracy settlement issued by Beijing's
      Reuter  -  338 words
    • Article
      Lock icon 10,000 job-seekers vying for 495 state jobs in China
      189 4 Reuter BEIJING Although the pay is comparatively low, almost 10,000 job-seekers in Beijing will be competing fiercely for the chance of winning one of 495 jobs in China's central government and Communist Party, the China Daily said yesterday. Official jobs, although
      Reuter  -  189 words
    • Article
      Lock icon China farms must solve three key problems: report
      521 4 Reuter BEIJING China's farms must solve three key problems, including surplus labour and insufficient capital, if they are to modernise to feed the world's biggest population, the Economic Daily said yesterday. "Whether these contradictions can be resolved in the short-term will determine
      Reuter  -  521 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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      96 words
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      371 5 I Naturally praise also I comes from tk ose wnoVe never driven a Lexus. mmm J /y|!jj|j|jjjjjjH 'i Xkose wlio are distinguisked enougk to own a (in tke LS, one always remains in control, regardless quietness: sounds interfering witk normal speeck Lexus rarely take a back seat to anyone. So
      371 words
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  • ASIA
    • Article
      Japan rejects US bid to hold car talks in Washington
      384 6  -  From Anthony Rowley in TOKYO THE dispute over car trade between the United States and Japan is getting even more controversial, with Tokyo, in effect, accusing Washington of trying to influence the rules of proposed discussions between the two sides
      384 words
    • Article
      Lock icon Vietnam, Indonesia get bulk of Seoul's foreign labour quota
      167 6 AFP SEOUL South Korea said yesterday the lion's share of more than 20,000 new jobs it is offering Asian countries next month under its "industrial trainee" system would go to Indonesia and Vietnam. The international trade and industry ministry said Nepal,
      AFP  -  167 words
    • Article
      Lock icon Seoul may let foreign firms buy listed companies
      146 6 Reuter SEOUL South Korea is considering allowing foreign companies to acquire listed local companies from 1997, a Ministry of Finance and Economy official said yesterday. "But nothing has yet been finalised," the official said. The official said the government was also considering
      Reuter  -  146 words
    • Article, Illustration
      Lock icon Strike by Sri Lankan station masters
      69 6 Reuter COLOMBO This man probably thought it was safe to sit on the railway track yesterday because few trains were running in the Sri Lankan capital due to a station masters' strike for higher pay. The strike resulted in extra bottlenecks in Colombo's rush-hour
      Reuter  -  69 words
    • Article, Illustration
      Lock icon Seoul to pour US$60b into Apec info superhighway
      195 6 Reuter SEOUL President Kim Young Sam said yesterday South Korea plans to invest US$6O billion (5583.4 billion) on an information superhighway and urged members of the Asia-Pacific Economic Cooperation (Apec) forum to follow suit ahead of a 2020 target for regional economic
      Reuter  -  195 words
    • Article
      Lock icon Asian targets may hit back with anti-dumping moves of their own
      361 6 AFP MANILA Anti-dumping measures will increasingly become the weapon of choice of developing Asian countries previously targeted by the West, a US expert warned said yesterday. The development will "pose significant risks to the multilateral trading system, threatening its
      AFP  -  361 words
    • Article
      Lock icon Clarke satisfied with pace of Indian economic reform
      358 6 Reuter NEW DELHI British finance minister Kenneth Garke said yesterday that he is satisfied with the pace pf economic reform in India and predicted increased flows of capital into the country. Mr Clarke, accompanied by a delegation of senior bankers and financial
      Reuter  -  358 words
    • Article
      Lock icon Sony to assemble colour TVs in India soon
      235 6 AFP NEW DELHI Japanese electronics giant Sony Corp, which set up a subsidiary in India at the start of the year, will begin assembling Trinitron colour televisions in July, company officials said. A company spokesman told the Press Trust of India news
      AFP  -  235 words
    • Article
      Lock icon Bangladesh's rural economy undergoing a facelift
      654 6 Incomes rise as peasants build their own futures Reuter DARIADAULAT, Bangladesh Living standards in rural Bangladesh are improving perceptibly, but residents say the reason is not government economic strategy, aimed primarily at industrialisation and urban growth. They say villagers themselves have worked to increase
      Reuter  -  654 words
    • Article
      Lock icon Aussie current account deficit shrinks
      95 6 AFP SYDNEY Australia's current account deficit narrowed by 3 per cent to A 52.25 billion (552.25 billion) seasonally adjusted last month from A 52.31 billion in March, according to official data released yesterday. The Bureau of Statistics attributed the As 66 million reduction to a
      AFP  -  95 words
    • Article
      Lock icon Gas attacks likely to hit Japan's GDP
      92 6 Reuter TOKYO Incidents such as the Tokyo nerve gas attack are likely to have depressed consumer spending, pushing down the rate of Japan's gross domestic product growth by 0.1 percentage point in the year which started on April 1, said Masaru Takagi, chief
      Reuter  -  92 words
    • Article
      Lock icon 80% of Japanese feel country is less safe
      88 6 AFP TOKYO Around 80 per cent of Japanese people feel their country has become less safe in recent years, a poll conducted after the unprecedented Tokyo subway nerve gas attack showed yesterday. TTie survey was carried out by the Yomiuri Shimbun newspaper
      AFP  -  88 words
    • Article
      Lock icon US may give Sri Lanka military aid
      64 6 AFP COLOMBO The US was considering military aid to Sri Lanka to fight separatist Tamil rebels who have escalated their ethnic war, leaving over 500 people killed in a month, the state-owned Daily News said yesterday. The paper said the US was contemplating
      AFP  -  64 words
    • Article
      Lock icon UN seat likely to go to S Korea
      80 6 Bernama-Kyodo NEW YORK Asian members of the United Nations appear ready to back South Korea later this year for one of the 10 non-permanent seats on the Security Council, diplomatic sources said on Sunday. Oman's two-year term on the Security Council ends
      Bernama-Kyodo  -  80 words
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      33 6 /TsJ /-_y Amp/e car SCOTTS VIEW HEALTH CENTRE *TV nunee slh F,r R °y al H°lid a y Inn Crownc Plaza 25 Scotts Road, Singapore 0922. Free so// drm* Tel: *****77 (2 Lines)
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  • THE WORLD
    • Article
      Lock icon US Commerce Dept takes fight for survival to manufacturers
      468 7 Reuter WASHINGTON Senior US Commerce Department officials have widened their effort to kill a Republican move to abolish or dismember their department, arguing the move would be "unilateral disarmament" in the fight for exports. They had been taking their case to
      Reuter  -  468 words
    • Article, Illustration
      Lock icon Speaking up for animal rights
      39 7 Reuter BRUSSELS Noisy animal rights activists demonstrating outside the new ministers council building, where European Union farm ministers were meeting here yesterday to demand a ban on the export of live farm animals. Reuter
      Reuter  -  39 words
    • Article
      Lock icon Six EU nations face court action warning on open-skies pact with US
      297 7 Bloomberg Business News BRUSSELS The European Commission will warn six European Union countries this week that they face court action if they sign an "open skies" agreement with the US. Austria, Belgium, Denmark, Luxembourg, Sweden and Finland are
      Bloomberg Business News  -  297 words
    • Article
      Lock icon Juppe ready to let budget deficit rise initially to fight joblessness
      327 7 Reuter PARIS New French Prime Minister Alain Juppe said on Sunday he was prepared to let the budget deficit initially rise, even if it had repercussions on the value of the franc, to achieve his goal of reducing unemployment.
      Reuter  -  327 words
    • Article
      Lock icon Saddam troops crush riots: diplomats
      105 7 Knight-Ridder AMMAN Iraqi President Saddam Hussein sent elite troops, tanks and helicopters to crush riots that erupted in Iraq two weeks ago, leaving heavy casualties and prompting the interior minister's dismissal, Arab diplomats said tyere yesterday. Rioting broke out on May 17 in Anbar province,
      Knight-Ridder  -  105 words
    • Article
      Lock icon Cosmonauts set to receive module
      76 7 AP MOSCOW Russian cosmonauts Vladimir Dezhurov and Gennady Strekalov took their fourth walk in space yesterday to move a docking unit in preparation for the arrival of the Spektr research module scheduled for Thursday. They took 21 minutes to successfully move a docking cone from
      AP  -  76 words
    • Article
      Lock icon Comrades condemn free market
      64 7 Reuter MONTEVIDEO More than 100 Latin American left wing parties and guerilla groups condemned the free market drive sweeping the hemisphere. "Neo-liberalism cannot guarantee the social transformations that our peoples need in order to achieve sustainable development necessary to face the new international challenges," the Sao
      Reuter  -  64 words
    • Article
      Lock icon French industrial output flags
      99 7 Reuter PARIS French industrial output growth appears to have lost some momentum in recent months and while growth should continue in the months ahead, it will do so at a slower pace, a survey of business chiefs showed. The National Statistics Office said its survey, taken
      Reuter  -  99 words
    • Article
      Lock icon Mexico's ruling party loses state polls
      361 7 Reuter GUANAJUATO, Mexico Mexico's ruling Institutional Revolutionary Party (PRI) suffered its most crushing defeat in 66 years in power on Sunday when conservative opposition candidate Vicente Fox won elections for governor of central Guanajuato state by a two-one margin. National Action Party (PAN) candidate
      Reuter  -  361 words
    • Article
      Lock icon US launching major push to boost ties with Europe
      567 8 NYT WASHINGTON The Clinton administration will announce a major effort this week to strengthen ties with Europe. The move would start with more cooperation on helping poor nations and removing trade barriers and could ultimately lead to a free trade area
      NYT  -  567 words
    • Article
      Lock icon Scientists expect brain, computer link in 50 years
      155 8 Reuter LONDON Scientists may be able to link the human brain directly to a computer within §0 years, a British study predicts. The Independent newspaper reported yesterday that the study by Peter Cochrane, a leading British technology futurologist. said scientists by the
      Reuter  -  155 words
    • Article
      Lock icon Slowdown in US economy raises recession fears
      468 8 Reuter WASHINGTON The US economy is turning cool just as the weather is getting hot, fanning fears of recessionary clouds on the horizon. "We have soggy economic conditions," said Robert Falconer, senior vice-president of Wall Street broker Aubrey G Lanston and Co. So
      Reuter  -  468 words
    • Article
      Lock icon EU-US trade row over farm goods hotting up
      431 8 Reuter WASHINGTON When the new United States and European Union top agriculture officials shake hands this week for the first time, smiling faces will hide the slaughter on their minds. Livestock slaughter, that is. The meeting between US Agriculture Secretary Dan Glickman
      Reuter  -  431 words
    • Article
      Lock icon UK cable TV industry confident it'll succeed
      428 8 Reuter LONDON Britain's cable television industry is shrugging off its sceptics and claims it is bound for success, despite investors' fears about the scale of finance needed and weak share prices. "There is a market for cable television in the UK," said Niall
      Reuter  -  428 words
    • Article, Illustration
      Lock icon Designed for work
      62 8 Business Wire NEW YORK This Steelcase Personal Harbour workplace has won a Gold Industrial Design Excellence Award in a competition sponsored by Business Week magazine and the Industrial Designers Society of America. Symbolising the office of the future, the Personal Harbour workspace offers privacy in a 48
      Business Wire  -  62 words
    • Article
      Lock icon Russia's economy picking up but inflation remains high
      155 8 Reuter MOSCOW Russia's economy is showing signs of growth this month, but inflation is still stubbornly high. Economists say the risk of backtracking on tough policies has not gone away. "Russia is still meeting poli- cy targets agreed with the International Monetary
      Reuter  -  155 words
    • Article
      Lock icon UK firms' investment spree fails to materialise
      536 8 FT LONDON City and Whitehall voices in London are beginning to ask whether the widely expected investment binge by Britain's manufacturers may be over before it has begun. The question has been prompted by last week's official figures, which suggest not only that
      FT  -  536 words
    • Article
      Lock icon EC to set out timetable for single currency
      284 8 Reuter BRUSSELS The European Commission will tell the world tomorrow that it could take up to five years from the time European Union leaders decide to create a single EU currency for it to find its way into people's pockets. The Commission,
      Reuter  -  284 words
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      Page 7 Advertisements Column 1
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      108 words
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      Page 7 Advertisements Column 2
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      280 8 12-13 July* Pan Pacific Hotel Singapore Information-packed conference designed to give you all the information you need to keep up with the frantic pace of the property market in Asia. Discussion topics include The Office Market and Investment Opportunities in Asian Cities Review of Singapore's Public Private Residential Property Prospects
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      Page 8 Advertisements Column 2
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  • Page 9 Advertisements
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  • PROPERTY & CONSTRUCTION
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      130 10 I FOR LEASE/SALE SUNTEC CITY, I The Future CBD of Singapore i I I Situated on 11.7 hectares of prime land I I One of the largest integrated commercial I development in Singapore H v/> *"> I Boasts the feeling of light and spaciousness fl I Offers the finest quality
      130 words
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      Page 10 Advertisements Column 2
      102 10 The Property Watch column of selected transactions has been held over this week NEW YORK REAL ESTATE INVESTMENT OPPORTUNITIES AT MARKET BOTTOM Manhattan property prices have hit rock bottom. IPIM's portfolio of properties from banks, insurance companies and other distressed sellers is now available to Singapore investors. Bulk sale of
      102 words
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  • SPORTS
    • Article, Illustration
      Lock icon Lehman scores second PGA win
      553 11 Golf He holes U*****,000 with one-shot victory in Colonial National UPI FORT WORTH, Texas A 30-foot birdie putt on the final green brought Tom Lehman his second PGA Tour victory on Sunday a one-shot decision over Australian Craig Parry in the US$l.4 million (551.94 million)
      UPI  -  553 words
    • Article, Illustration
      Lock icon When the best strategy, not the fastest car, wins
      527 11 AP MONTE CARLO Sometimes the fastest car doesn't win the race. Ask Jean Alesi and Damon Hill. Alesi's Ferrari was the fastest car in Thursday's qualifying for the Monaco Grand Prix and in Sunday's warm-up. It even had the fastest lap
      AP; Reuter  -  527 words
    • SIDELINES
      • Article
        Lock icon Spurs dig in against Rockets
        91 11 AFP HOUSTON The San Antonio Spurs torpedoed the Houston Rockets 103-81 here on Sunday to level their National Basketball Association (NBA) Western Conference finals series 2-2. All four victories jn the all-Texas series have been by the visiting team. Houston, the defending NBA champions, won
        AFP  -  91 words
      • Article
        Lock icon Langer bungle costs him sole lead
        127 11 Reuter WENTWORTH, England Bernhard Langer bogeyed the last hole with a wild second shot and dropped back into a share of the third round lead in the British PGA Championship on Sunday. A six at the 501-yard closing hole on Wentworth's West Course was
        Reuter  -  127 words
      • Article
        Lock icon Atherton century lifts England
        85 11 AFP LONDON Captain Mike Atherton struck his first one-day international century at the 25th attempt to help England to a crushing 73-run victory over West Indies in the Texaco Trophy decider at Lords on Sunday. It was his highest limited-overs score for club or country and
        AFP  -  85 words
      • Article
        Lock icon French Open fillip for Davenport
        80 11 AFP STRASBOURG, France Top-seed Lindsay Davenport of the United States proved too powerful for Japan's Kimiko Date and triumphed in three sets in the final of the WTA tournament here on Sunday. In a morale-boosing performance on the eve of the French Open, Davenport, 19,
        AFP  -  80 words
      • Article
        Lock icon New home-run record
        59 11 AFP DETROIT The Detroit Tigers and Chicago White Sox set a major league record with a total of 12 home runs as Chicago won 14-12 at Tiger Stadium on Sunday. The total broke previous mark for most in a game of 11, which had been achieved four
        AFP  -  59 words
    • Article, Illustration
      Lock icon Unflappable Villeneuve lives out his legacy and wins Indy
      734 11 AP INDIANAPOLIS He looks like a kid because that is what he is, barely past his 24th birthday, hardly disturbed at the burden of lugging around the heritage of one of the great racing names in history. Jacques Villeneuve is unflappable.
      AP  -  734 words
    • Article
      Lock icon Agassi sails through in day free of major upsets
      446 11 French Open AP PARIS Top-seeded Andre Agassi, pursuing the only Grand Slam title lie lacks, got ofT to a comfortable start yesterday at the French Open with a straight-set victory over Karstcn Braasch of Germany. Former champions Jim Courier and Steffi
      AP  -  446 words
    • Article
      Lock icon Tiny Samoa's ready to battle the giants
      820 11 WORLD CUR -I 993 AP AFP EAST LONDON, South Africa The tiny nation of Western Samoa doesn't seriously expect to win the rugby union World Cup, but hasn't any excuses prepared. Not even how some of its best players have been poached by
      AP; AFP  -  820 words
    • SCORECARD
      • Article, Illustration
        Badminton
        43 11 LAUSANNE, Switzerland World championships finals Sunday Men's singles: l-Heryanto Arbi Undo) b 5/8-Park Sung-woo (SK.) 15-11 15-8. Doubles: 1-Rexy Mainaky/Ricky Subagya (Indo) b 2-Jon Holst-Christcnscn/Thomas Lund (Den) 15-5 15-2. Women's doubles: 9/16-Gil Young-Ah/Jang Hve-ock (SK) b 3/4-Fiharsih/Lili Tampi (Indo) 3-15 15-11 15-10.
        43 words
      • Article, Illustration
        Indy racing
        60 11 INDIANAPOLIS, Indiana 79th Indianapolis 500 (500 miles, 200 laps on the 2.5 mile oval) Sunday: I Jacques Villeneuve (Can) 1995 Reynard-Ford, 3hrs Ismins 17.5615ecs 2 Christian Fittipaldi (Bra) 1995 Reynard-Ford, at 2.481 sees behind 3 Bobby Rahal (US) 1995 Lola-Mercedes, at 2.9 4 Eliseo Salazar (Chi) 1995 LolaFord,
        60 words
      • Article, Illustration
        Motor-racing
        54 11 MONTE CARLO Monaco Grand Prix (78 laps, 259.584 km) Sunday: I Michael Schumacher (Ger) Benetton I hr 53 mins 11.258 sees (average speed 137.603 kph) 2 Damon Hill (GB) Williams 34.817 s behind 3 Gerhard Berger (Aus) Ferrari 1:11.447 4 Johnny Herbert (GB) Benetton one lap 5 Mark Blundell
        54 words
      • Article, Illustration
        Basketball
        16 11 HOUSTON NBA Western Conference finals Sunday: Houston 81 San Antonio 103 (Best-of-Seven series tied 2-2).
        16 words
      • Article, Illustration
        Cycling
        52 11 LODEVE, France Midi Libre 183.5 km fifth stage from Sete Sunday: 1 Johan Bruyneel (Bel) 4 hrs 42 min II sec 2 Neil Stephen (Aust) same time 3 Davide Perona (Ita) 1:51 behind. Overall standings: 1 Miguel Indurain (Spn) 24:35:42 2 Richard Virenque (Fra) 13s behind 3 Thierry Laurent
        52 words
      • Article, Illustration
        Tennis
        16 11 BOLOGNA, Italy ATP tournament final Sunday: Marcelo Rios (Chi) b Marcelo Filipini (Uru) 6-2 6-4.
        16 words
      • Article, Illustration
        Golf
        152 11 FORT WORTH, Texas US$l.4 million Colonial National Invitation final round Sunday (US unless stated): 271 Tom Lehman 67 68 68 68 272 Craig Parry (Aust) 66 65 70 71 274 D A Weibring 66 72 69 67 275 Woody Austin 67 69 66 73. WKNTWORTH, Fngland British PGA championship
        152 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      375 12 BBudweiser I I i The All Naturally Brewed Beer, where to wine, dine and entertain L WORLD'S LARGEST SELLING G6ER J j y 1 TH€ MOST AUTHENTIC ITALIAN PftSTR PIZZA IN TOWN HL Jr AU-TIMMWUW^W^^^». ...NEARER TO THE EAST KSKi M Hk 833 #01 -02/03 loyoWfc lukit T«wh toad 5<1027)
      375 words
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      Page 12 Advertisements Column 2
      336 12 COSMOPOLITAN FARE fT^L :mum wr yf At Cafe Carousel Feast as much as you can from a wide VARIETY OF DELECTABLE CUISINES FROM ALL OVER THE WORLD. $16.80 (lunch) $18.80 (dinner) PRICES SUBJECT TO 10% SERVICE CHARGE. 1% CESS A 3% GST A 24 tame i Ml— bmmm BCHJLHVARD HOTFL
      336 words
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      Page 12 Advertisements Column 3
      357 12 I LUNCH OR DINNER, 1 FEAST ALL YOU I CANIj That's over 50 delightful dishes in all! Aft Featuring the best talked about 3d seafood and Cantonese cuisine. Ij w All you can eat. Complimentary platter if* of Suckling Pig and Guiling g Herbal Jelly. Lunch: $23 (Adult) $15 (Child)
      357 words
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      Page 12 Advertisements Column 4
      375 12 Celebrating I Fish Let's drink to fish. Bouillabaisse or Tom Yam? Top of the M celebrates fish with a lunch buffet of every imaginable fish recipe. Salmon, sole. Xin snapper, sea bass... if It can be caught, it can be cooked. And we know all the delicious ways. fTj Continental
      375 words
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  • LIFESTYLE
    • Article, Illustration
      Provocative snapshots
      739 13  -  The Squeeze II offers seven plays that entertain and make you think, says Corinne Kerk Corinne Kerk FOR THE busy the-atre-goer and the impatient audience, 10-minute plays have the advantage of providing a succession of juicy little stories in one sitting. You go through a myriad of emotions
      739 words
    • Article
      Lock icon A King of Infotainment?
      264 13 AP AP AP LARRY KING says he doesn't even pretend to be a journalist. "Hey, I'm an infotainer," King tells the June 3 issue of TV Guide. King, host of Cable News Netwoik's "Larry King Live" for 10 years now, says he doesn't worry that critics
      AP  -  264 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      490 13 WHERE TO WINE, DINE AND ENTERTAIN iusiMuld For only $15.50 per person, you'll get Ow 12 vorieties of seasonal greenies from our extensive SALAD BAR including dressings, a selection a(freshly baked breads and daily home made soup, A choice of Asian/Local or Western main course, A choice of home made
      490 words
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      Page 13 Advertisements Column 2
      43 13 f~ ~~amP* ISuCmaoy o! term PH LKf DISCO KTV Presents BOOK NOW for the KTV Rooms special promotion (For reservation please call *****36) Wednesday Ladies Nite The Entertainment where the FUN never ends 101 Thomson Road #81 -01/06 Unrted Singapore 1130 Tel: *****36
      43 words
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      Page 13 Advertisements Column 3
      36 13 3HO w 7 JUST CALL 1800-737-1166 Make the connection through The Straits Times Classified when you're looking for bargains or n "a. looking for A m customers. y Just give us a call. I CATA I
      36 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      314 13 Singapore: Showers over several areas m the late morning and early afternoon Temperature ;26-32*t Me-PacMc WW Cmi. Carepe «ej4L Auckland \3A)7 Ram Amsterdam 16/11 Cloudy Cncago 21/09 uou* 35/27 Cloudy Athene —27/18 Sunny HonofcAj 27/21 Bar** 36/27 uouoy Ooud, Mouswn 27/17 Ctoudy Be**. £/w Bon, »/10 Ooudy Lee vegee 27/1#
      314 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      691 13 Tyte The Bara Ch 12 UjIImJjLUUaIAAIUX£|J barn to upgrade quarters, so they ago. This documentary looks their lives the English counMadMae DwjiiUlhd, 10.30pm, iz Telecast in World Tobacco day, this documentary shows us on lungs, we go on to causes asthma ■flfijjj^^^^^H Highway To Heß, llpw, Two young lovers to
      691 words
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  • Article
    Taiwan leader's US visa
    492 14 HOW the Taiwanese persuaded the US House of Representatives and the US Senate to force the Clinton Administration to give President Lee Teng Hui a visa to visit the United States is an object lesson in effective lobbying in Washington. Taiwan's unofficial embassy in Washington, the
    492 words
  • WHAT THE OTHERS SAY
    • Article
      Ramos can do so much now
      402 14 IF it is possible to win an election without being a candidate, President Fidel Ramos of the Philippines has just done it. True, the president's job was not on the line; elected for six years, he has another three to go. But beset with
      402 words
    • Article
      Self-censorship is best
      119 14 CENSORSHIP, especially for films, has never been a quiet subject. Recently, MP for Jalan Besar GRC Peh Chin Hua was perturbed by the three nude scenes in a film rated PG. Some Singaporeans may share Mr Peh's feelings. Yet, there are others who think Singapore should do
      119 words
    • Article
      Gently does it
      151 14 MANY are pleasantly surprised at the smooth proceedings of the preparatory negotiations for the second Wang-Koo talks. Vice-chairman Chiao Jenho of the Straits Exchange Foundation and his mainland counterpart, Tang Shu-pei of the Association for Relations Across the Taiwan Straits, have arrived at specifics just after the
      151 words
    • Article
      Fall-out from a high yen
      173 14 THE Japanese have been crying for help for a long time. Each time the yen moves up against the US dollar, they say that their economy will be affected. Now they are saying that there could be a "hallowing out" of the economy with the
      173 words
    • Article
      Food for thought
      134 14 ECONOMIES have rarely, if ever, been able to work around the limitations of size. The truisms of the development ethos nearly all relate to the achievement of optimal sizing mass production, economies of scale, efficiency from which to derive the greatest gains and benefits at the least
      134 words
    • Article
      Looking after the peacekeepers
      99 14 THE WORLD is outraged by what the Bosnian Serbs did: kidnapping UN observers and using them as human shields. The UN's latest batch of peacekeepers has been in danger for so long without any sign that peace can be achieved that governments have a right to
      99 words
  • Article, Illustration
    Mad Vlad plots way to top
    946 14  -  Russia's ultra-nationalist leader is sure his Hitler-like strategy to wrest power from President Yeltsin will work, reports John Helmer John Helmer The writer is BT's Moscow correspondent THE bad boy of Russian politics isn't bothered if people call him a clown. For ultra-nationalist Vladimir
    946 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      31 14 Krca,er i® mi^ ,n Ifflllf -X y "-V-^ •"*.^.^''^'xT*Z.t'~-^ ffil I LOOKING DEEPER A probe into current market developments. Hock Lock Siew. "W SINOAPORF r 1 Business Times WE KNOW ASIA
      31 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      28 14 WPJTT£N -TUE. \xjst TO UE.T \4E.RE FOLLOU)S prom the. §e*t V4eR Cy...' cu=w»*c. LNjy... C6SK-KP will Be.weM /^T/v>» B>f EXiMHE e«!GGS... f 0 ««NOCMTISMMMfMITB,imiIN T DOONESBURY GARRY TRUDEAU
      28 words
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  • ANALYSIS
    • Article, Illustration
      Towards a brave new monetary order
      1291 15  -  Cato Institute economists are anti-IMF and against intervention in currency markets. They reflect a strong pro-free market Congress, says Leon Hadar Leon Hadar The writer is BT's Washington correspondent THE leaders of the seven large industrial nations will meet on June 18 in Halifax
      1,291 words
    • Article, Illustration
      German economy groans under high labour, welfare costs
      840 15  -  Country needs to recraft its outdated social pact, says John Templeman John Templeman THE- German economy is growing at a brisk 3 per cent rate, and corporate profits should jump more than 40 per cent this year. Anywhere else, it would be
      840 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      127 15 a. <-)5" ».*c At l; \J or.jLil* j» accoF'JE* v. >. c V-- 'i"' I tnatnt&Jotd. tet J t •;i ,;r > >•'- j?v 2*? Ut *V»- j s»te« p«<. T«V II i I I■■ I M drive you TUI llw %MM v 'c- is r*««u .i csn Ifl #<s
      127 words
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  • Article
    Lock icon Japan wins backing in WTO in fight against US sanctions
    413 16 But there's support too for US claims of an uneven playing field Reuter GENEVA Japan won backing in the World Trade Organisation (WTO) yesterday for its contention that sanctions announced by the United States in their car sales dispute were
    Reuter  -  413 words
  • Article
    Lock icon Japan's Canberra embassy bugged: paper
    373 16 AP SYDNEY Australia has been intercepting, decoding and translating sensitive trade and diplomatic information from the Japanese Embassy in Canberra, a newspaper reported yesterday. Quoting unidentified sources, the Sydney Morning Herald said surveillance and eavesdropping had been also conducted against the Canberra diplomatic missions of
    AP  -  373 words
  • Article
    Lock icon Coastal SEZs' extension of privileges gets the chop
    232 16 Reuter BEIJING China will not allow special economic zones (SEZs) in the coastal provinces to extend their privileges after they lapse and may trim tax breaks in hopes of redirecting investment to poorer inland areas, a newspaper said yesterday. Beijing will halt
    Reuter  -  232 words
  • Article
    Lock icon Tokyo land for house costs 55 times a bite of Big Apple
    334 16 AP TOKYO Residents here who want to buy land for a house should expect to pay 55 times as much as New Yorkers, according to a Japanese government survey released yesterday. The National Land Agency reported that as
    AP  -  334 words
  • Article, Illustration
    Single-digit economic growth is nothing to sneer at
    834 16  -  The Bottom Line LEE BOON KENG The writer is a lecturer at the Nanyang Business School, NTU WHEN the growth rate for the first quarter of this year was announced last week, it produced a ripple of concern in the general public.
    834 words
  • Article
    Lock icon Orders for US-made tools plunge in April
    139 16 Reuter WASHINGTON Orders for US-made machine tools took a plunge in April, but export orders surged, signalling a recovery in overseas markets. The Association for Manufacturing Technology yesterday said orders fell 41.98 per cent last month to U*****.1 million (*****.8 million) from a
    Reuter  -  139 words
  • Article
    Lock icon Tokyo to propose watchdog body within Apec
    200 16 AFP TOKYO Japan will propose setting up a watchdog body within the Asia-Pacific Economic Cooperation (Apec) forum in 1997 to monitor efforts to liberalise trade and investment by 2020. The Yomiuri Shimbun newspaper yesterday said details of the proposal would be submitted to
    AFP  -  200 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      356 16 ARTNERSHIP >» FORGED BY UNDERSTANDING SENTRY mw TOTAL FIRE-PROTECTION 1 /r MADE AFFORDABLE V For the thousands who risk losing intellectual To the latter, short of buying a fire-resistant safe, properties, financial records (on computer media starting a fire and putting it to the test by burning it M flf
      356 words
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      Page 16 Advertisements Column 2
      12 16 Japan rejects US bid to hold car talks in Washington, Pg 6
      12 words
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      Page 16 Advertisements Column 3
      11 16 Cost-hit Shenzhen now growing slower than rest of China, Pg 8
      11 words
    • Advertisement
      Page 16 Advertisements Column 4
      260 16 Distributor for Nitsuko Keyphone Systems A EPABX: StNCjApORE SINGAPORE COMMUNICATIONS CO/HAEQUIPMENT CO PTE LTD re; 278 7088 ■Every Call Is A Commitment^ Mandarin For Expatriates I A Practial Survival Kit For Daring Marco Polos I. Objective: The Mandarin programme is designed for expatriates without any knowledge of the Chinese language-
      260 words
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  • COMPANIES & MARKETS
    • Article
      STIC, partners to pump in $135m for Bintan 2nd phase
      370 17  -  By Genevieve Cua SINGAPORE Singapore Technologies Industrial Corp (STIC) and its partners will invest $135 million to develop the second phase of the Bintan Industrial Estate (BIE), more than double the investment in the first phase. The second phase will
      370 words
    • Article
      F&N plans to build 100 houses in Sembawang
      276 17  -  By Agnes Wee SINGAPORE Listed Fraser and Neave plans to develop more than 100 units of terrace and semi-detached houses in Sembawang under its subsidiary River Valley Properties. It has received provisional permission in January this year to develop the landed housing
      276 words
    • Article, Illustration
      Hotel Plaza to open two hotels in Ho Chi Minh City by 1997
      254 17 SINGAPORE United Overseas Land's listed subsidiary Hotel Plaza Ltd has two Ho Chi Minh City hotels that are set to open next year and in 1997. Its 150-room Garden Plaza Hotel is scheduled to open next May
      254 words
    • Article
      Cosco S'pore to charter two bulk carriers
      251 17 SINGAPORE Cosco Singapore will charter one bulk carrier each from Golden President Shipping Corp and Golden Hilton Shipping Corp. The company's parent, Cosco Investment, said yesterday that the bareboat-charters would each be for 12 years and the daily rate would be U5516,250 (5522,587).
      251 words
    • Article
      Risk-wary Japanese investors lie low
      812 17  -  HOCK LOCK SIEW By Anthony Rowley TOKYO Japan's fiscal 1994 corporate results season is drawing to a close and, for manufacturers at least, it has been a vintage one. Profits have risen dramatically at many leading companies after three consecutive years of decline and yet
      812 words
    • Article
      Fu Yu launches public offer at 40 cents a share
      484 17  -  By Quak Hiang Whai SINGAPORE Plastic in-jection-mouldings producer Fu Yu Manufacturing yesterday launched an initial public offer of 113 million 10-cent shares at 40 cents each. The company, seeking a main board listing, will sell half the shares to the
      484 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        51 17 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Credit Lyonnais Securities. Daiwa, traser. G K Goh. Kay Hian. Morgan Grenfell, Ong Co. Nomura. Phillip. Smith New Court. WI Can and SG
        51 words
      • Article, Illustration
        HOT STOCK
        99 17  -  By Quak Hiang Whai NOL is going through a correction after its climb earlier this month. The stock still has some downside risks although the daily and weekly RSIs have almost reached the 25 mark. But what is encouraging is that the monthly RSI has reached the lowest
        99 words
    • COMPANIES
      • COMPANYBRIEFS
        • Article
          Pengkalen offer now unconditional
          44 18 SINGAPORE Pengkalen Holdings' takeover offer for Sunshine has become unconditional and is extended to June 13. Pengkalen now owns 68.66 per cent of Sunshine after it bought 4.19 million shares from Sunshine shareholders and 3.5 million shares from the market.
          44 words
        • Article
          Ballas gets Indon green light
          47 18 SINGAPORE Vickers Ballas has secured approval for its Indonesian associate company, PT Vickers Ballas Tamara (formerlv known as PT Triesna Sentra Efek), to carry on the business of underwriting, securities broking and dealing, financial advisory services and other related activities in Indonesia.
          47 words
        • Article
          L&M forms property joint venture
          57 18 SINGAPORE L&M Properties Pte Ltd. L&M Geotechnic Pte Ltd and Mini Environment Service Pte Ltd have formed a propertv joint-venture called GMP Development Pte Ltd. The two L&M subsidiaries own 49 per cent of GMP while Mini Environment has 51 per cent. GMP will develop
          57 words
        • Article
          SIA Cargo launches Superhub
          62 18 SINGAPORE SIA Cargo, the airfreight subsidiary of Singapore Airlines, yesterday started operations at its new airfreight terminal here, known as the Singapore Airlines Superhub. The US$l5O million ($2OB million) terminal is the first multi-tier cargo processing terminal in South-east Asia, and provides SIA with a 64
          62 words
        • Article
          Metro buys M'sian metal parts maker
          22 18 SINGAPORE Metro has acquired Swiss Profile (M) Sdn Bhd, a maker of metal parts for watches.
          22 words
        • Article
          Vikay ups holding in subsidiary
          27 18 SINGAPORE Vikay Industrial has increased its shareholding in its wholly-owned subsidiary, Vikay Industrial (Hongkong) Ltd, from HK$3 million ($540,000) to HKSIO million.
          27 words
        • Article
          Pan-United in Indon mining firm deal
          44 18 SINGAPORE Pan-United Corporation has agreed to buy a 35 per cent stake in PT Wira Penta Kencana, which mines and processes granite, for 2.24 billion rupiah (SSI.4 million). The vendor of the stake is PT Alas Watu Utama.
          44 words
      • Article
        Indocement to sell flour milling operations for 1.8 trillion rupiah
        538 18  -  From Leslie Lopez in JAKARTA PT INDOCEMENT Tunggal Prakasa, Indonesia's largest cement manufacturer and a unit of the powerful Salim Group, will dispose of its flour milling operations to its cash-rich food division flagship, Indofood Sukses Makmur, for 1.86 trillion
        538 words
      • Article
        Untitled
        517 18 Mnpi l' >rlril (tl May 30 sh Greater China Fd 1.00 Mendaki Gr Fund 1.02 1.05g Singapore Unit Trust us Gr Fund 1.01 i.os** The Commerce 1.57 1.66xd IIAB > CU 1 Mot im The Savings Fund 1.53 1.62 "P S pore Pros Fund 0.61 0.65 Unifund Spore Sec Fund
        517 words
      • Article
        Lock icon Indocement's first-quarter earnings up 5% to 88.6b rupiah
        313 18 Bloomberg Business News JAKARTA PT Indocement Tunggal Prakarsa's first-quarter profit rose 5 per cent to 88.62 billion rupiah (Sss6 million) on a 19.5 per cent increase in net sales to 876.7 billion rupiah. Indonesia has been gripped by a cement shortage for
        Bloomberg Business News  -  313 words
      • Article
        Lock icon Hutchison unit launches HK$600m GSM network
        178 18 Reuter HONGKONG Hutchison Telephone Co Ltd said it had launched a new HKS6OO million (SsloB million) digital network for a mobile telephone service. "We have successfully migrated 7,500 analogue subscribers from the TACS (Total Access Communications System) network to the new GSM (Global System
        Reuter  -  178 words
      • Article
        Lock icon Call for firms to reveal corporate governance
        225 18 Bernama KUALA LUMPUR Stock exchanges throughout the world should make it mandatory for listed companies to disclose their corporate governance to give investors and shareholders an understanding of the checks and balances in the companies. Kuala Lumpur Stock Exchange general manager Mohd Salleh
        Bernama  -  225 words
      • Article, Illustration
        Telecom group sets up subsidiary to help boost postal business at home and abroad
        214 18 SINGAPORE The Singapore Telecommunications group has incorporated a new subsidiary here to help it expand in the local and overseas postal business. Called Singapore Post Enterprise and wholly owned by Singapore Post, the subsidiary has authorised
        214 words
      • Article
        Lock icon Shah Alam Prop upbeat on year's prospects
        119 18 Bernama KUALA LUMPUR Shah Alam Properties Bhd expects to fare well in the current year, guided by its corporate vision, achievements in the preceding year and the expected positive business environment ahead. "It is hopeful that the 8.5 per cent gross domestic product
        Bernama  -  119 words
      • Article
        Lock icon Wheelock asset move lowers Wharf gearing
        239 18 Reuter HONGKONG Wheelock and Co's asset shuffle between its 45 per cent-owned Wharf (Holdings) and 42.1 per centowned Hongkong Realty and Trust Co will reduce Wharfs debt ratio, or gearing, but raise Hongkong Realty's, company officials said. Under transactions announced yesterday. Wharfs 74.5 per
        Reuter  -  239 words
      • Article, Illustration
        Lock icon Citic to set up securities company in August
        390 18 Bloomberg Business News BEIJING China International Trust and Investment Corp (Citic), the nation's flagship investment company, will set up a securities firm in August. Lu Zhequan, director of corporate finance at the preparatory office of the new company, Citic Securities Co. said
        Bloomberg Business News  -  390 words
      • Article
        Nat teel in M$60m Johor property project
        179 18 SINGAPORE Nat Steel Properties has signed a memorandum of understanding with a Malaysian firm to develop a MS6O million (5533.8 million) commercial complex at Kluang in Johor. Nat Steel Properties, which is wholly owned by listed steel maker Nat Steel, said yesterday it
        179 words
      • Article
        Lock icon M'sian Mosaics expects early completion of EAC purchase
        174 18 Bernama KUALA LUMPUR Malaysian Mosaics Bhd hopes its proposed acquisition of a 50.55 per cent stake in East Asiatic Co (M) Bhd (EAC Malaysia) from East Asiatic Co Ltd (EAC Ltd) for M 5596.6 million (***** million) cash will be completed soon,
        Bernama  -  174 words
      • Article
        Lock icon New Japanese investment trust makes low-key debut
        450 19 Reuter TOKYO Japan's first listed stock investment trust fund made an uninspiring debut in the market yesterday, and brokers said it would have difficulty attracting new investors. The Nikkei 300 Stock Index Listed Fund started trading at 229 points yesterday morning and finished
        Reuter  -  450 words
      • Article
        Lock icon Australian states woo Asians with share tax cut
        499 19 Reuter SYDNEY Four Australian states have halved their tax on share market transactions to lure Asian investors to Australia, a move spurred by last week's surprise share tax cut by Australia's state of Queensland. The state of South Australia led the charge,
        Reuter  -  499 words
      • Article
        Lock icon Government moves push S Korean stocks to new high
        428 19 Reuter SEOUL The South Korean government's long-awaited intervention in the stock market propelled Seoul shares to a record daily gain yesterday and brokers said the moves would ensure an upward track for the foreseeable future. The market has been in decline
        Reuter  -  428 words
      • Article
        Lock icon Oki Electric profit leaps on robust US demand for chips
        307 19 Bloomberg Business News TOKYO Oki Electric Industry Co posted a whopping 968.7 per cent gain in pre-tax profit to a record 41.5 billion yen (*****.2 million) for the fiscal year ended in March on robust demand for semiconductors in the
        Bloomberg Business News  -  307 words
      • Article, Illustration
        Lock icon Ampolex shares fall on confusion over Brierley's stake
        522 19 Reuter SYDNEY Investors bailed out of Australian oil and gas producer Ampolex yesterday, pummelling its shares down 11.5 per cent amid confusion over whether corporate raider Ron Brierley could claim a 10 per cent stake in the group. Brierley's investment vehicle, Guinness
        Reuter  -  522 words
      • Article, Illustration
        Lock icon BMW expands range of bikes
        85 19 BMW Asia MUNICH BMW first introduced its range of collapsible mountain bicycles two years ago. These bikes fit easily into the boot of a 3-series car. Now, the range is expanded to include bikes such as this trekking one for women an da high-tech mountain
        BMW Asia  -  85 words
      • Article
        Lock icon ISS buys ESGO to form Asian cleaning division
        264 19 Bloomberg Business News Reuter COPENHAGEN Danish cleaning group International Service System A/S (ISS) said yesterday it had acquired ESGO (Environmental Service Group) BV, a company with annual turnover of more than US$5O million (Ss7o million). An ISS statement said the purchase meant
        Bloomberg Business News; Reuter  -  264 words
      • Article
        Lock icon Telco profit seen soaring by at least 145%
        249 19 Reuter BOMBAY India's biggest truck maker Tata Engineering and Locomotive Co (Telco) is expected to record a rise of at least 145 per cent in its net profit for fiscal 1994/95 (Apr/Mar) to over 2.5 billion rupees (SSIOS million), analysts say. Telco
        Reuter  -  249 words
      • Article
        Lock icon Mitsubishi, AT&T to develop chip
        92 19 AFP TOKYO Mitsubishi Electric Corp and AT&T will jointly develop next-generation integrated circuits for use in high-defini-tion television systems, the Nihon Keizai Shimbun said yesterday. The two partners are likely to complete development by 1997. In a separate development, NEC Corp said it had developed
        AFP  -  92 words
      • Article
        Lock icon Work starts on Viet canning plant
        83 19 Reuter HANOI Crown Cork and Seal of the United States and Hongkong's Swire Pacific broke ground recently for a US$4l million (Sss7 million) aluminium can plant west of Hanoi to supply Vietnam's fast-growing beverage industry. It is the biggest US non-oil joint-venture investment in
        Reuter  -  83 words
      • Article
        Lock icon Citic to acquire Aussie abattoir
        61 19 Reuter SYDNEY China International Trust and Investment Corp's wholly-owned subsidiary Citic Australia Pty said it will acquire Smorgon Consolidated Industries's Naracoorte export abattoir in South Australia. Citic said the purchase was conditional on Australian Foreign Investment Review Board approval. Smorgon is a family-owned conglomerate which
        Reuter  -  61 words
      • Article
        Lock icon Sassoon ups SCMP earnings forecast
        113 19 Reuter HONGKONG Sassoon Securities said it raised its 1996 and 1997 earnings estimates for newspaper publisher South China Morning Post (Holdings) Ltd after the company announced 25 job cuts last week. "With the staff cut, core operations' net profit is expected to go up 2.4
        Reuter  -  113 words
      • Article
        Lock icon Shun Shing suffers 69% profit fall
        68 19 Bloomberg Business News HONGKONG Engineering and construction contractor Shun Shing Holdings said its net profit fell 69.8 per cent in the six months ended Feb 28. Profit after tax and minority interest payments fell to HK5568,000 (S$102,000) from HKSI.B million, the company said in
        Bloomberg Business News  -  68 words
      • Article
        Lock icon Seven Network says report of group's loss came from leaks
        371 19 Reuter SYDNEY Australia's Seven Network said a local newspaper report saying that it booked a loss of AsB.3 million (SSB.3 million) in the 17 weeks between January and late April was derived from a leaked internal management report. "From the
        Reuter  -  371 words
      • Article
        Lock icon International Paper to top BBA's offer for Swiss paper company
        539 19 Bloomberg Business News BASLE, Switzerland International Paper Co said it will raise its bid for Holvis Holzstoff AG to 550 Swiss francs (SS66B) a share, topping BBA's 500-franc-per-share offer for the Swiss paper company. Holvis said the agreement to sell
        Bloomberg Business News  -  539 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Canadian banks merge dealing rooms
        519 20 Reuter TORONTO Canadian banks are merging their dealing rooms in a bid to become more efficient and gain an edge in an increasingly competitive market. "This is a very competitive business and there are a number of people competing for a small client base," said
        Reuter  -  519 words
      • Article
        Lock icon China allows foreign banks to apply for Beijing branches
        189 20 Knight-Ridder HONGKONG China's central bank has issued application forms to the first group of foreign banks seeking to set up branches in Beijing, the China Daily Business Weekly reported on Sunday. The report did not specify the exact number of the
        Knight-Ridder  -  189 words
      • Article
        Lock icon HK-listed China Fund posts reduced loss of US$127,000
        331 20 Bloomberg Business News HONGKONG The China Fund, a fund listed in Hongkong and managed by Meespierson (Cayman) Ltd, yesterday reported a U*****,077 (about S$ 176,600) loss for the year ended March 31, 1995, compared to a loss of US$455, 414 in the
        Bloomberg Business News  -  331 words
      • Article, Illustration
        Lock icon Relieving the pressure
        64 20 Reuter RIO DE JANEIRO, Brazil A worker looking out to sea as excess gases are burned off at a Brazilian oil platform offshore here last Thursday, the 24th day of a strike by oilworkers. The strike affected 32 platforms but state oil company Petrobras managed to take
        Reuter  -  64 words
      • Article
        Lock icon Jardine Fleming Unit Trust axes 11 backroom staff
        156 20 Reuter HONGKONG Jardine Fleming Holdings Ltd said its fund management arm, Jardine Fleming Unit Trust, has cut 11 staff members. "They are (from the) back office, administration area. It's directly due to the investments we've made in technology in the area," said
        Reuter  -  156 words
      • SMALLCHANGE
        • Article
          Lock icon Schroders opens Shanghai office
          53 20 Bloomberg Business News SHANGHAI Schroders pic, a British-based investment bank, announced it had formally opened a Shanghai office to expand its China operations. Schroders chairman George Mallinckrodt said the office would enable the group to develop new services and products as China expands its financial services
          Bloomberg Business News  -  53 words
        • Article
          Lock icon Syndication plans cancelled
          105 20 Bloomberg Business News HONGKONG Arrangers and underwriters of an HKS4.7I billion (SSB44 million) financing package for 12 km of Route Three, a Hongkong road project, have decided not to syndicate the loan to other banks, the South China Morning Post reported. The loan's arrangers abandoned plans to
          Bloomberg Business News  -  105 words
        • Article
          Lock icon Daiwa Securities to open in Taipei
          61 20 AFP TOKYO Japan's Daiwa Securities Co Ltd said yesterday it planned to open a branch in Taipei today after receiving approval from Taiwan's Securities and Exchange Commission in mid-May. The new branch will have capital of 1.5 billion yen (Ss2s million), it said, ranking
          AFP  -  61 words
        • Article
          Lock icon ABN-Amro gets Hanoi clearance
          56 20 Bloomberg Business News HANOI The State Bank of Vietnam has approved an ABNAmro Bank branch in Hanoi, the Vietnam News reported yesterday. The Dutch bank got approval in 1992 to open an office in Ho Chi Minh City. Over 16 foreign banks have licences to operate
          Bloomberg Business News  -  56 words
      • Article, Illustration
        Lock icon M'sia supports call to scrap export quota system for tin
        413 20 AFP KUALA LUMPUR Malaysia has supported a call by Indonesia to scrap the Association of Tin-Producing Countries' (ATPC) export quota system, with officials saying yesterday that prices should be determined by market forces. Reinforcing a call by a Malaysian cabinet
        AFP  -  413 words
      • Article
        Lock icon China's coal reserves are running out, paper warns
        604 20 UPI BEIJING The state-owned coal reserves fuelling China's rapid economic growth are running out, creating havoc for both energy supplies and the industry's 750,000 workers, an official newspaper warned yesterday. "China is facing a crucial moment in the coal industry," The Economic
        UPI  -  604 words
      • Article, Illustration
        Lock icon Untitled
        1416 20 Noon/May 29 s$ Bid Offer 1-month 13*28 138*3 2-month 1 3767 1-37(2 3-month 1.3715 1.3730 6-month 1.3582 1.3602 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on May 29 Singapore dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 0.9930 1.0080 Canadian dollar 1.0080 1.0230 NZ
        Noon/May 29  -  1,416 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen lower but sentiment bullish
        1314 21 SIMEX RBPOHT AFP SINGAPORE Simex Euroyen futures ended lower yesterday on profit-taking while Eurodollars closed little changed. A Japanese trader said the Euroyen profit-taking came after recent sharp gains. "It was more a correction today. Sentiment is still quite bullish for Euroyen," he said. The
        AFP  -  1,314 words
      • Article
        Tin gains 12 sen on LME's uptrend
        633 21 COMMODITY REPORTS KL Tin TIN price on the Kuala Lumpur Tin Market gained 12 sen to MS 14.47 per kg in tandem with the uptrend on Friday's London Metal Exchange. At the opening level of MS 14.35, initial bids stood at 250 tonnes
        633 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          KL firm to raise aluminium imports
          78 21 KUALA LUMPUR Aluminium Co of Malaysia plans to hike imports of aluminium ingots to 29.500 tonnes in 1996 from 22,500 now to raise production of sheet and foil products, an official at the firm said. The firm, one of Malaysia's two aluminium product makers,
          78 words
        • Article
          Thai soybean import quotas covered
          82 21 BANGKOK Thais have already fully covered soybean import quotas under a special low-tariff regime for calendar 1995, but traders said yesterday they expect the government to issue more quotas for corn and soybean meal. A total of 89,650 tonnes of soybean import quotas awarded to
          82 words
        • Article
          Premiums for US zinc firm up
          100 21 SYDNEY Premiums for refined zinc supplied by Savage Zinc Inc of the US averaged 4.9 US cents (6.8 Singapore cents) a pound in April, a penny higher than the average for the year (JulyJune) to date, the company's president. David Rice, said yesterdav. Mr
          100 words
        • Article
          S Korea buys US corn
          51 21 HONGKONG South Korea's National Livestock Cooperatives Federation yesterday bought 100,000 tonnes of US No 3 yellow corn, but passed on offers for one 50,000-tonne cargo, traders said. Shipment is slated for Aug 10 to 29 from the Pacific Northwest with freight fixed at U5517.40 per
          51 words
    • Article
      COMMODITY PRICES
      1421 21 SICOM Futures Rubber (futures dating as at 5.30pai) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) IntcrcM 230.00 230.00 230.00 75 475 Jul 223.50 2225 Aug 222.50 221.00 220.50 325 2350 Sep 218.00 150 2425 Oct/Dcc 214.00 211.00 211.00 225 5100 Jan Mar
      1,421 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1103 22 -10.0 Shares closed half a percent lower yesterday with investors influenced once again by economic uncertainty on Wall Street and paying no heed to marginally improved current account data here, dealers said. "We have just been reflecting to a large degree what's been happening in the US," said Lance
        1,103 words
      • Article
        Manila
        630 22 -20.14 Philippine share prices closed 0.73 per cent lower vesterday after the Dow Jones' fell and a new stock transaction tax went into effect. The Dow Jones' 43-point fall which affected index heavyweight and dominant carrier Philippine Long Distance Telephone Co (PLDT) and the imposition of the stock transaction
        630 words
      • Article
        Seoul
        428 22 +40.41 South Korean stock prices rocketed 4.8 per cent yesterday, on a wave of aggressive buying orders triggered by effective booster measures unveiled on Saturday, brokers said. The Composite Price Index staged a whopping 40.41-point return to finish at 887.5 points. Trading volume drastically rose to 30.18 million shares
        428 words
      • Article
        Taipei
        573 22 +73.37 Taiwan share prices closed 1.32 per cent higher yesterday, propelled mainly by good performances of market heavyweight banking and insurance issues. The Weighted Price Index ot 409 issues on the Taiwan Stock Exchange regained 73.37 points to finish at 5,597.44 points, ending a 12-day losing run and wiping
        573 words
      • Article
        New Zealand
        270 22 •15.92 Shares clawed back some lost ground in late trade to close off their day's lows. The NZSE-40 Capital Index closed 15.92 points lower at 2,106.16, 7.3 points off its low for the day. Market leader Telecom ended five cents lower at NZ55.94, having touched NZ$5.9O at one
        270 words
      • Article
        Bombay
        140 22 13.70 Blue chips traded at Friday's levels, ending slightly up as speculators squared their positions before the end of the current account, brokers said. They said volumes were low except in select blue chips as the current settlement for A group shares ends today. "There was some improvement but
        140 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        1805 22 London May 26 Pence Industrials A. A. Corp Adr 53 2/8 uncti AB Ports 213 -3 Abbey National 479 4/8 -3 4/8 Allied Lyons 526 -4 Amec -I Argyll 322 -J Asia Group 13 unch BAT Ind 4*8 -4 BICC 335 5 BOC Group 792 -3 BR Petroleum 447 -2
        1,805 words
      • Article
        Paris
        109 22 +8.75 French shares finished slightly higher in a thin technical rebound to Friday's 2.12 per cent drop. "'There was a small technical bounce but no real conviction," one trader said. '"Besides, the volumes were ridiculous," the trader said. The CAC-40 Index closed up 8.75 points, or 0.46 per cent,
        109 words
      • Article
        Frankfurt
        198 22 •10.46 German shares closed floor trade lower but were steady after falling early in the session in line with a weaker dollar and on news of an upcoming one-for-14 capital rise at Allianz AG Holding in June. Activity was thin and is not expected to pick up in late
        198 words
      • Article
        Brussels
        241 22 -5.46 Belgian shares closed easier but above session lows, supported by news that inflation fell in May to 1.38 per cent year on year from 1.71 per cent in April. Market holidays in London and New York kept volume light, and dealers said the dollar's weakness on Friday was
        241 words
      • Article
        Stockholm
        231 22 -0.61 pc Swedish shares fell across the board in response to Friday's one per cent fall on Wall Street. Activity was low with London and New York closed and sentiment was cautious. The OMX Index closcd 0.61 per cent down at 1,234.11 in low turnover of 1.24 billion crowns.
        231 words
      • Article
        Amsterdam
        395 22 -0.09 Dutch stocks closed mixed as market holidays in London and the US kept most investors from taking on fresh trading positions, traders said. Some 3.9 million shares were traded among the 25 leading stocks, making yesterday the slowest session since Feb 27, when three million shares changed hands.
        395 words
      • Article
        Zurich
        290 22 10.8 Swiss shares Firmer but below the day's high. Trade was quiet. Banks and insurers ended higher while some industrial blue-chips suffered from the weak dollar. The broad SPI Index was up 5.22 points to 1,806.72. The blue-chip SMI Index was up 10.8 to 2,762.5. ÜBS bearers, up 16
        290 words
      • Article
        Johannesburg
        375 22 -35.4 South African shares finished a slow day's trade mixed on yesterday as UK and US holidays capped interest and clouded direction, dealers said. They said gold shares had been supported by a firm bullion price but Wall Street's fall on Friday had set the tone for industrials on
        375 words
      • Article
        Toronto
        257 22 -0.24 Stocks were relatively flat in lacklustre early trading depressed by Wall Street markets closed for the Memorial Day holiday, traders said. The TSE 300 Composite Index eased 0.24 points to 4.423.50 on volume of 7.41 million shares valued at C 548.21 million. Advancing stocks outpaced declines 144 to
        257 words
    • Article, Illustration
      Lock icon HONGKONG
      2978 23 Reuter HONGKONG Share prices ended little changed as buying of cyclical counters boosted the market from early lows, brokers said. The blue chip Hang Seng Index ended down 13.01 points or 0.14 per cent at 9,316.17. It dropped to an early low of 9,174.86 in reaction to Friday's slide
      Reuter; Source: Bridge Info  -  2,978 words
    • Article, Illustration
      CHINA
      583 23 ALL China markets ended lower in sluggish trading. In Hongkong. H shares finished down 2.2 per cent on turnover of HK539.6 million, with all counters except Jilin Chemical and Harbin seeing their share prices fall. Interest in Shanghai Petrochemical (down 3.8 per cent) and Maanshan (down 1.2 per cent)
      583 words
    • Article, Illustration
      Lock icon TOKYO
      2464 23 Bloomberg Business News TOKYO Stocks fell to a twomonth low, led by electronics and car companies, amid concern that the dollar's recent decline will hurt exporters' earnings and slow Japan's economic recovery. "With the yen at these levels a lot of companies are in trouble." said Torn Konishi, analyst
      Bloomberg Business News; Source: Bridge Info  -  2,464 words
    • Article, Illustration
      Lock icon BANGKOK
      1793 23 AFP BANGKOK Thai share prices closed 0.56 per cent lower yesterday after a drop on Wall Street and renewed appreciation of the yen, brokers said. "The index fell continuously throughout the day because of Friday's sharp drop in the Dow Jones, which affected the mood of investors, as well
      AFP; Source: Bridge Info  -  1,793 words
    • Article, Illustration
      Lock icon JAKARTA
      1161 23 Reuter JAKARTA Share prices closed lower on blue chip selling, with most market players seen sidelined on a lack of fresh factors while sentiment remained weak in regional markets. "Buying in third line stocks such as Kabelmetal was seen in late trading, but this failed to boost overall weak
      Reuter; Source: Bridge Info  -  1,161 words
    • Article
      CLOB INTERNATIONAL
      2047 24 Gr Or 1995 Last Vol Dn Lm Quote l*» Dh YH N«l M Ci» High Lm C aopu> Salt COOO) High Low Bayer Selkr Or P/fc tail MALAYSIAN STOCKS 478 196 m AIS8 50c 368 -6 397 386 368 368 370 3.0 -2.9 0 2 37.7 127 77.5
      2,047 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares ease but analysts see more inflow of funds
        6715 24 AFP Bernama KUALA LUMPUR Malaysian shares closed easier yesterday, with the key index down by 0.4 per cent in a minor correction, but brokers said the local bourse was still holding well. Analysts said despite the correction, more funds were expected
        AFP; Bernama; Source: Bridge Info  -  6,715 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8589 25 I MAIN Rf>APT, MAIN BOARD Cr Gr M Wt 199$ Uil Vol Da> Lmi (>..le l>i< l»i« Id ISM Cap \>* High Low Cuoipaat Nale t'000) High Lo» Buyer Seller Or N P R Smil Prfce INDUSTRIAL AND COMMERCIAL 482 3*2 mi s Vma 422 «J -2 80 424 418
        8,589 words
      • Article, Illustration
        Lock icon Shares caught in narrow range as caution prevails
        1816 26  -  By Paul Leo SINGAPORE Investors turned cautious yesterday and are likely to remain so for the rest of the week as they try to assess a barrage of events ahead. As a result, the Straits Times Industrials Index traded within a narrow
        Charts by Budge Info; Source: Bloomberg  -  1,816 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      303 17 NEWS VALUE Parkway's bond issue draws overwhelming institutional response (pg I) Likely to further boost interest in highprofiled Parkway. GIC in talks wfth Yaohan for stake in Shanghai centre (pg I) Wariness over 'China-concept' stocks looks like lifting over time as Singapore government investment increases. Outstanding car loans growth continues
      303 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      141 18 Wc provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      141 words
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      Page 21 Advertisements Column 1
      86 21 Emerging Markets INVESTOR The first magazine to look at all emerging markets from the institutional investor's perspective. •New Funds 'Surveys 'Market Statistics "Global Analysis People Profiles Investment Trends Simply fax/post your business card marking it EMI. Risk Publications, #1802 Kai Wong Comm Building, 224 Queen's Road Central, Hong Kong. Tel
      86 words
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      Page 21 Advertisements Column 2
      20 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      107 22 Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers a brass barrel
      107 words
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      Page 23 Advertisements Column 1
      25 23 ACTAL NEUTRALISES STOMACH ACID. quick relief from stomach discomfort, j a Stfri int 9 pain, indiges- relieves gastric pain, 20TMe Health tion and heartburn. L\
      25 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      30 26 See Sunday a Sunday Classified special on antiques, collectors' items, and arts crafts idl PORT SHOTS The latest In sea, air and land transportation Shipping Times Monday to Friday. BiEinessTimes
      30 words
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      Page 26 Advertisements Column 2
      298 26 BUSINESS TIME S-TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 U5530,000,000 Negotiable Floating Rate Notes due November 1995 KIA MOTORS CORPORATION In accordance with the provisions of the Notes, notice is hereby given that for the six-month interest period from 30 May 1995 to 30 November 1995 the Notes will carry an Interest
      298 words
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      Page 26 Advertisements Column 3
      186 26 la The Matter of the Compute* Act, Cap. M And la The Matter of METAL A PLASTIC ENGINEERING (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE ia hereby given that the Creditors Of the ibove-aimed Qog/rnggj arc required on or btfbit 30U Jan* 1995 to aend ia their aamc* too
      186 words
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      Page 26 Advertisements Column 4
      389 26 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF ATOM AUTOMATION ENGINEERING (S) PTE LTD (Incorporated In Singapore) (IN MEMBERS' VOLUNTARY UQIHOATTON) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap.so that the Final General Meeting of the
      389 words
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      Page 26 Advertisements Column 5
      280 26 M THE MATTER OF THE 1 COMPANIES ACT. CAP. SO AND CONSTRUCTION (SMOANM) PTI LTD (In Members' Voluntary At an Extraordinary General Meeting ol the Company duly convened and held M 4256 AMerwood Creecent Bumeby B.C. Canada VSG 2GB on 24t0 May 1896 toe foiowing Special ReeoMlon wee duly paaaed.
      280 words
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      Page 26 Advertisements Column 6
      731 26 Singapore Closing Share Prices 29/05/1995 CLOSE PfICV LOW HMH Mil#/ us) uss uss uss Jw«— MatkMOH 7.78 7.95 7.70 7.88 LwJ !■>«■» Stratagte 3.42 3.40 3.40 3.4S KWM Oaky F»rm 0.978 0.98 0.97 0.98 PrfCTl Honfkooc Lan 4 2.03 2.04 2.03 2.10 MMtata Ortaatal 1.17 1.17 1.1« 1.17 Jw«M Strategic
      731 words
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  • BusinessTimes ShippingTimes
    • Article, Illustration
      PSA's Pasir Panjang terminal progressing on schedule
      413 27  -  By Alec Almazan SINGAPORE Reclamation work on the first phase of the Port of Singapore Authority's Pasir Panjang container terminal is 60 per cent done, and final completion is expected at the end of 1997. "The work is proceeding on schedule," PSA chief
      413 words
    • Article
      Lock icon Malaysian hauliers upset by debtors who don't pay
      218 27 Bernama PASIR GUDANG While the haulage industry is partly blamed for delays in the transport of goods in ports, the Container Hauliers Association of Malaysia (CHAM) claims that it has to endure Ms4B million (Ss27 million) to Msso million in debts to-date.
      Bernama  -  218 words
    • Article
      MARITIME STOCKS
      329 27 SES '000 May 29 S$ Vol CWT Distribution L 1.60 -0.03 80 CWT Distribution A 1.51 Chuan Hup Holdings 1.18 -0.06 168 Cosco Investment S 1.75 Cosco Investment A 1.63 Far East Levingsto 6.60 -0.15 60 GB Holdings Ltd 0.79 Hai Sun Hup Group 0.835 -0.035 359 Hitachi
      329 words
    • Article
      OOCL S'pore awarded ISO 9002 certificate
      244 27 SINGAPORE Shipping giant OOCL's Singapore offices have recently received ISO 9002 certification from Lloyd's Register Quality Assurance. OOCL (Singapore) is the group's latest country office worldwide and the fourth Asian country to be awarded the ISO 9002 certificate, an internationally recognised standard of service
      244 words
    • Article
      Lock icon Japanese govt and shipyards invest in building of fast ships
      478 27 Tradewinds TOKYO Japanese shipyards are moving into the fast lane as the 21st century approaches. That was the main message of the Ships of the Future exhibition held recently at the Maritime Science Museum located at Tokyo Harbour. Japan's fast-ship
      Tradewinds  -  478 words
    • Article
      Lock icon Vietnam to lease two oil tankers: report
      123 27 Reuter HANOI Vietnam's state oilshipping company, Falcon Shipping, plans to lease two oil tankers with capacity of 65,000 tonnes to 85,000 tonnes to carry crude oil exports, the official Vietnam News reported. The government had authorised the company to ship 3.0 million tonnes
      Reuter  -  123 words
    • Article
      Shoeller starting regular S'pore-Australia liner service
      316 27  -  From Selva Kumar in SYDNEY CYPRUS-BASED Shoeller Holdings will soon make a foray into the shipping market Down Under with a regular liner service between the northern and eastern ports of Australia and Singapore. The service, under the banner of Austral Asia Line (AAL),
      316 words
    • Article
      Lock icon Calcutta port faces shutdown if pilots strike over unsafe conditions
      406 27 Knight-Ridder LONDON Calcutta port is facing a complete shut-down following the threat of action by Hoogly river pilots who are complaining about unsafe working conditions. Senior officials at the port say the highly-trained pilots will cease to guide incoming traffic
      Knight-Ridder  -  406 words
    • Article
      Lock icon Alam is shipbrokers tutor centre
      143 27 Bernama MALACCA The Institute of Chartered Shipbrokers (ICS) of the UK has appointed the Malaysian Maritime Academy (Alam) in Kuala Sungai Baru, near here, as its tutorship centre the fifth of its kind in the world. Alam public relations officer Azipah Abdul Jalil said in
      Bernama  -  143 words
    • Article, Illustration
      Lock icon APL's Holy Grail comes at a cost
      636 28 American President Lines is developing a container built of space-age materials. John Prescott reports Lloyd's List THE quest to design a lightweight durable cargo container suitable for sea and land transport may be over if a development by American President Lines is accepted
      Lloyd's List  -  636 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      279 28 •ANL 3 Able 7 Accord 10 •Abler* 6 •Ahrenkiel 4 •Appenship 4 Astro 10 Austral II Avant 6 BSA II Batamindo 7 •CCNI 4 •CMA II •C05C0 7 •CSAV 3 Centenary 7 Central Ex 11 Chahaya 2 •Cho Yang S Contipac 10 Coslink
      279 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      11359 34 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement. ETA ETA Um Vassal Voyage Pg M >«'■ Ma— Ma—
      11,359 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        535 39 feuj Wg Wo Berth Vrfrai Oepartue Jurong Part Art Us Ftfiter 200/21 SA J8 alongside 30.05/1800 BMam Mum 05/06/95 J1 alongside 30 05/2300 C*ex Excefcnce H7 J12 alongsde 30.05/1600 King Be 05/06/95 J5/6 alongside 30.05/2300 1210/B 06/01/95 J5 atongsrte 30.05/0500 Hondo 05/09/95 J1 atongsrie 30.05/1300 Picro PV167
        535 words
      • Article
        CONTAINER SCHEDULES
        1474 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bootaf/Balanct Wh Sty Voy Hi Etb/Bfr fertod Fmw T> Fr«« Ka Swan 172A 31/1000 1A 29/1500 29/1659 29/1900 2A 29/1700 30/0659 30/0900 4 30/1200 30/1459 30/1700 Apple ***** 31/0700 3 30/0700 30/1159 30/1400 4 30/1200 30/1459 30/1700 B Butane
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        COCKETT BUNKER MARKET REPORT
        903 39 THIS 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 the individual
        903 words
    • Air & Land Transport News
      • Article
        Boeing 777 set to make aviation history this week
        380 40  -  By Alec Almazan SINGAPORE The Boeing 777 jetliner is set to make aviation history this week by receiving approval for extended twin engined flights even before it begins commercial service. According to Boeing sources, it will be issued ETOPS (extended twin-engine
        380 words
      • Article, Illustration
        Lock icon 21 hurt as jumbo makes emergency landing
        272 40 Reuter AFP HONGKONG Twenty-one people suffered minor injuries when an engine fire forced a Cathay Pacific Airways jumbo carrying 421 people to make an emergency landing shortly after take-off from Hongkong late on Sunday night. Three of the injured were admitted to hospital
        Reuter; AFP  -  272 words
      • Article
        Lock icon Japanese car dealers in Malaysia apply for price increases
        328 40 MBT KUALA LUMPUR Car companies representing the 11 Japanese car makes in Malaysia have applied to increase the price of some 100 passenger and commercial vehicle models. Industry sources said all the Japanese car makes have submitted their applications to the
        MBT  -  328 words
      • Article
        THAI sets up catering company in Phuket
        381 40 BANGKOK Thai International Airways (THAI) has started a new catering company, Phuket Air Catering Co Ltd (Pacco), to supply food and beverages to domestic and international airlines flying to Phuket. This comes at a time when several medium-sized European airlines are planning to
        381 words
      • Article
        Lock icon Commercial flights at Zhuhai to start on June 18
        246 40 Reuter ZHUHAI, China Commercial flights to and from the new airport in the southern Chinese special economic zone of Zhuhai will begin on June 18, Zhuhai's vice-mayor said. The domestic airport expects to connect to 18 different Chinese cities, Li Nanhua
        Reuter  -  246 words
      • Article
        Lock icon Aussie-Japanese team wins A$1.7b road project
        300 40 Reuter MELBOURNE The Australian state of Victoria yesterday said it has selected Transurban as the preferred consortium to build and operate the Asl.7 billion (S$ 1.71 billion) Melbourne City Link road project, one of the country's biggest construction projects. The Transurban consortium comprises Obayashi
        Reuter  -  300 words
      • Article
        Lock icon Good response to MAS service to North Queensland
        175 40 Bernama MELBOURNE Response to Malaysia Airlines' (MAS) new weekly service on Mondays to North Queensland was encouraging, according to the airline's area manager Sabaruddin Ismail yesterday. "It's still early but we are pleasantly surprised at the good response," he said from Cairns
        Bernama  -  175 words
      • LOGBOOK
        • Article
          Lock icon MAS plans Bangladesh flights
          74 40 Bernama DHAKA Malaysia Airlines (MAS) is likely to begin weekly scheduled flights between Kuala Lumpur and the Bangladesh capital, Dhaka, in November. For the last two years, MAS has been operating chartered flights between the two cities. Officials of Shahjalal Aviation System Limited, the local general
          Bernama  -  74 words
        • Article
          Lock icon Vietnam Air's eighth Airbus
          89 40 AFP HANOI Vietnam Airlines said yesterday it had taken delivery of a new leased Airbus A-320, its eighth, completing its fleet of medium-haul jets. The new plane, delivered last week, was leased through the Singapore company Region Air, a spokesman said. Vietnam Airlines has now leased
          AFP  -  89 words
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          Lock icon US$20m from train freeloaders
          58 40 AFP NEW DELHI Indian railways earned US$2O million (5527.8 million) in the year to March in fines from passengers travelling without tickets, the government said yesterday. India boasts one of the world's largest and cheapest railway networks but rampant misuse by freeloaders, especially in the north
          AFP  -  58 words
        • Article
          Lock icon CIS to build car factory
          90 40 Reuter MOSCOW Russia, Belarus and Ukraine will build a car factory in Yelabuga in Tatarstan to produce four-wheel vehicles jointly with General Motors, Russian Prime Minister Viktor Chernomyrdin has announced. Mr Chernomyrdin was speaking to reporters on Friday after a one-day summit of the Commonwealth
          Reuter  -  90 words
      • Article
        Lock icon Tiny tortoise holds off giant bulldozers
        174 40 AFP PERTH A tiny tortoise threatened with extinction is holding up a AS 150 million (S$ 150.7 million) development here. The western swamp tortoise (pseudemydura umbrina), up to 155 millimetres long and weighing about 550 grams, is keeping giant bulldozers at bay at a
        AFP  -  174 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1417 40 AIRCRAFT ARRIVALS DEPARTURES atp wo m ngM n» *km MmM GA882 2310 UMl QF81 1930 QF82 2055 SQ228 2120 Amtortai KLB31 0925 GA974 0020 SQ327 1530 KL844 0040 GA897 1605 KL838 2300 SQ26 2366 Ml— SQ348 2250 tedUMd SQ286 2040 SQ288 2045 NZ74 2340 IMhum BI421 1100 SQ182 0915 SQ181
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      49 27 SKANDIAVERKEN Manufacturer of 4 strokes Diesel engine parts services for; B&W Series 23 and Series 28. For prompt quotes services Pis contact Sole agent (S.EA)Blue Marine Tel: *****13/*****09 Fax: *****20 APL's Holy Grail comes at a cost: Page 2 8777 set to make aviation history this week: Back Page
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      Page 27 Advertisements Column 2
      94 27 Your Choice, Your Satisfaction Tel: *****55 Fax: *****60 Pis see Pa 3 for schedule AT LAST A new way to undertake WALKWAY DECK MAINTENANCE "ARALUX" PMA resin mortar system is ideally suited to re-surface uneven and pitted surfaces on ships decks, with non slip safety benefits The tough, yet flexible,
      94 words
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      1510 28 tft c ?r aU^ e a d^ 0 ?f v S^ 11 6 fljU* vcV *Ja_ I listed International A -S| A v ci' ,4tl ,.„ii c p* c\*»' e g «ett I TaminaJIIng Asia '95" at the H9lon IntemMonal Stigipore oo Jw» 5 and 6. I The conhranca is
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      Page 28 Advertisements Column 2
      290 28 Lines and services represented by /fiSSiSis. Members of the Registry of Accredited 5 Shipping Agents, Singapore National VvKißv Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089 fM PORT K' SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday BfianessTirreg HcEKTAURUS 30/5 M RdnVAt«wllK/Nw«M
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      899 29 FOONG SUN I SHIPPING (PTE) LTD WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0511 I BOOKMQ/KNQUffttKS CM NO: 10MM*****W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP j VESSa VOY ETA ETO DESTINATION SUN RAY 9/96 3/0 5/1 PUUU/PM.EMBAN6 NEE (MAX 1 7/95 3/6 5/6 PONTIANAK/SINTETE GULF SULTAN 2A5 3/0
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      Page 29 Advertisements Column 2
      949 29 ma m I »P"° I"» mI I W I ■*_I» W6IWASHNSWNMI 07A 01/06 /02/00 10/00 20/00 21/00 SS~-=£" "SmT AlUfiUOt POM Sk 27/00 10/00 29/00 MNKY HUDSON MDGI W IS/Ot /14/0t 02/07 04/07 «£7 -i?£L MUGATOOVKTOtT MA 22/00/23/00 W/17 11/07 12/07 13/07 mancMßPGi OPA 29/00 /30/00 u/07 il/o? *m AUBA7OKIMUMTH
      949 words
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      Page 29 Advertisements Column 3
      881 29 0 HANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 I SALES TEL: *****30-233 DOCUMENT TEL: *****71-275 I FORVSL rsn UNE HAUL SEA YVR POX FOR VS. UK HMJL SAN ILM MTC I HANJM LONG BEACH K2E 1* OMECT 1M VI 7/7 HAMJM KUKSAMIIK M N.UKME VI 7/7 VI I HAMJM
      881 words
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      1027 30 «ran DOT HM nm ANT DM STOH f.BUW S* G HMMM6 DRESS OMU 10/5 12/5 11/S IV* >VS 1A- 7 —f— jm* iii 31 zi£iz ifr nE 3sz mhowbwess v«o 17/s ivi *ys V* —-tlSt —jS/i r~ mm iv«o »/5 it/s tvs iv 5 LLZ* —iflr ""h/T "~p7* SjeWBS 11/4H
      1,027 words
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      Page 30 Advertisements Column 2
      1142 30 NOR ASIA! wCSv^ NOR MALTA MM-3 J1« UN 1W am lAM tsm nm turn rm rm M I nor nam-) vm IM,IM,,I 7 "*JSESJJ22!i2!!£!!£| SLPNOES23W IMI MIBUIWWWM'IWJJWnj SL VALUE S24W I\m IM7 9M7 1V67 IM7 16*7 IM7 11*7 17*7 17*7 10*7 SEA ENOEAVOUR S2SW 2M 17*7 IMT7 22*7 23*7 22*7
      1,142 words
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      Page 30 Advertisements Column 3
      500 30 JAPAN/HONOK ON O/STRAIT S REGULAR SERVICE LOADING FOR PORT KLANO/PENANG VESSEL VOY IPOM P BUOMM PM IPH META 1 SU» *0 rnrt PAKARTI SAMtHAW 1 «PT tIMt KAUEN H mn CJW levw »1 mjum gJg «7jim APOLLO SATU J MAW S7JUM ORIENT VENTURE 17 MJUM COMITY U MJUM MJUM IIJMM
      500 words
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      Page 31 Advertisements Column 1
      1278 31 flRI STRAITS SHIPPING PTE LTD 10 Ho# Chiaifl Road #11-01 Keppel Tswsrs Si#i»pof 0208 Tel: *****88 F«: *****17 (a service of china navigation co) CARGO OUt SAILS SBW* STHAiTS VENTURE vt6lKO.SkaA.lMi 3M1 May 31 May 02 Jatw rcLiXL coinwi tiai mBmp swmra to rani* »mw iwraRr STRAITS HOPE V968JE MMia,
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      Page 31 Advertisements Column 2
      2479 31 pjyO niltillllPIHS PM°ConUdncn (Singapore Agencies) Pte Ltd B 1 9 10 Hoc Chiang Road, #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE Tel: 225 2233 Te,e RS ***** pnocsp f« 225 5327/222 7517 v vuiuitvuww rfvrniivvvibrb CR Nu mber *****9 *****/. EXPORT IMPORT VflML VOV -mo -WCQ 9IN SOU
      2,479 words
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      976 32 !m Ma? 2M MWff isS3 w H-811 1M SM 2/7 4/7 1/7 5/7 E-OMETRE-OSO 11% J* 155 ws MS 174 7/7 1/7 11/7 1/7 11/7 E. GOLDEN RE-047 US 155 JJS -883 244 14/7 IV7 11/7 18/7 It/7 I.BIHOE RE-SB 4 214 234 724 7*4 MB CARGO TO AND RKMfc
      976 words
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      Page 32 Advertisements Column 2
      693 32 PERSIAN GULF SERVICE I WSSFI WT Dui HZ 555 lAH wn Ml CONCORD ASKA 050-004W 02.W 14M ISM JJfi "2 UM COMCOWO 851-W'* 08.06 >UK IMI 2MI 21M ?1« UN CORONA 13M0??* 406 ZM* 2WO 27M "M UMONWARO 0353 013W 2M» OM7 «M 7 0147 0647 ALSO ACCfPTMG Fa TO
      693 words
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      Page 32 Advertisements Column 3
      632 32 r~.am RICHFIELD MARINE AGENCIES ric 11 u W TEL: *****33 (12 UNES) ■L FAX: *****15/*****03 Iffl TELEX; RS ***** RISHIP (3 Una*) l2= CRNO; **********0E m ETHIOPIAN SHIPPING LINES (WHo—i Lfcoooof EtMopte) ACCEPTING FCL AND CONVENTIONAL Vaaail Voy ETA I Loadkigfor Sport Abtoay Wonz 06/07 Andkwt 40WB 18/06 H kiek
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      Page 33 Advertisements Column 1
      2538 33 1 EXPRESS TO FELIXSTOWE, ROTTERDAM mmmm tiffins Bninl A§ fit: Til (Until): Otltti MWIfMUr Aftr Of' mSTAB CUIPPimn PTF irn Fu (Smnl): ittlUt Ciitilur 4H5341/144 GnMMMTtm -M. 4IMtU Of turn CnlatHr 4tH7IS «r> .1.. T.t.l ituiiosHir ch—M—l: tfiHH i!2!5 ca WinUH* H fii »I»H tftutk Ire f««i*m««l 4HS7H f/.....?.atM UCHH»:CCSU
      2,538 words
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      Page 33 Advertisements Column 2
      783 33 (it FAMOUS CONTAINER UNES: 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 gr hot UNE: *****33 (30 UNES) GOTHENBURG/SCAN 05/06 ROTTERDAM 05/06: AARHUS/COPENHAGEN 05/06 HAMBURG/BREMEN 02/06 MARSEILLE/FRANCE 06/06 FELIXSTOWE/UK 03/06 f I BARCELONA/SPAIN 31/05 LEHAVRE/FRANCE 05/0611 GENOA/ITALY 03/06 ANTWERP/BELGIUM 02/06 LOS ANGELES/WC/IPI 02/06 SYDNEY/MELBOURNE 01/06 NEW YORK/EC 02/06 FREMANTLE/ADELAIDE 05/06 VANCOUVER 02/06
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      1072 36 llvessel voy sin jkt vessel voy sin pen BU .T» .u.« US Wad 31/5 Sat a/6 THANABHUM 123W hPI Wad [31/8 M VESSEL VOY SIN BKK IIwANA BHUM 279S M Tut M KOTA JAPE JAOO6B Wad 31/S Frt 2/8 H MAHA BHUM* 229N ~W«d 31/5 St 3/6~ ILba BHUM 1348
      1,072 words
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      Page 36 Advertisements Column 2
      785 36 79 ANSON ROAD, >21-01, SINGAPORE 0207 TEL: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANQ B PENANO VESSEL 1 VOY MM 1 PKI B VESSEL VOY eaole BRee/t :i.t'nu msAi B LHOTSE 5032 Q2*FRI MM MCCCONVEYOR ***** 02/6FRI 04/6SU* B xouPIAYA 9Sffig QtoSUh SEA LAUREL 393W OV6 SUN
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      Page 37 Advertisements Column 1
      571 37 BSA ii. MYANMA FIVE STAR LINE (Myanmir National Line) Loading tor Yangon (Rangoon) S»ra P Klfl KN P Gflfl MA WUM YtNG V6OW IMPT PAGAN V22OW 31/05 MYOMAYWA VIS6W 15/06 MALAYSIA AGENTS: BOU3TEAD *HIWI« A6EIJCIES £!S SZXZS BfeiSSSM* taflA NIGERIAN NATIONAL SHIPPING LINE SPORE FOR TBN 25/06 LAGOS/PT HAR THE
      571 words
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      Page 37 Advertisements Column 2
      846 37 ADVANCE CONTAINER LINES (PTE) LTD m 140 Cecil Street, #12-00, PIL Building, Singapore 0106 /XC ml TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR NO. **********0E BANGKOK MKOA W3U9MM JAKAMTA |SUi n^Wl eP*T, (3 uiita«o»«**» T-lir- v~ VOV Ml JKT -s— l<fc«J|o4>D«l MIMIOTW I Muni IIIAM HOT*MKYW WOTOW —0
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      Page 37 Advertisements Column 3
      817 37 |CR NO: **********0Z VE3BELB W am LE HAVRE ItAMOURO THAMES ROTTERDAM ANTWERP V*XE DE NORMA NOBW 31/06 ZVO6 22AM 24/06 2V06 2M» VW-LE 06 CARINA COBW 08AX 27AM 29*06 01/07 02AT7 (WO7 VHl£ DC SAOTTTA SOOW 13AM 04/07 06*07 06/07 08*07 10*07 VTLLE D AQUtLA AO6W 20AM 11/07 13AX7 IMJ7
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      Page 38 Advertisements Column 1
      738 38 AFGHANISTAN M&M Afghanistan Ltd., Hairatan, Torghundi, IslamqaJa (Doqharun) mwmOtmwm c.i.s./russia: Alma Ata. Ashkhabad, Baku, Dushanbe, I HiiHini a. Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, IteS* iCMunnkM Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia; uiaan Bator N Korea; Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA ALSO ACCtPTTNG
      738 words
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      Page 38 Advertisements Column 2
      302 38 CONTAINER LINES, INC I SSSZSF""K3K?"■""■S-.... PENANQ: (04)*****6 BANGKOK (662) *****67 MAMLA (632) ******1 P. KBLAHQ: (03) *****77 JAKARTA; (21)*****7 SURABAYA' (31) *****0 I ASIA HKG/IWN/BKKI GENOA/EUROPE I 1 Z m m S S m BSSS2 m m m -J£ ±2 22 HKG/pKK/KEEtKHH 25/5 26/5 27/5 26/5 27/5 28/5 SHANGHAI/DALIAN JPN/KOREA/MANILA
      302 words
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      Page 38 Advertisements Column 3
      41 38 \f& O.K. LINE I FULL CONTAINER SERVICE S'PORE/JAKARTA VESSa VOY SIN JKT TAMOANG VN 7201/7202 0M 1M TAXAMH 2-247/2-240 17* 1M S'PORE/SURABAYA/SEMARANG VESSEL VOY StN SOY SflG TBN-1 01/00 MM TBN-2 04*6 07/00 VESSELS BERTH AT W-1 AND UTPK-2 IN JAKARTA
      41 words
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      Page 38 Advertisements Column 4
      583 38 STRAITS/JAP AK/STRAITS SERVICE MULTI-PURPOSE t RORO CARRIER SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS fra fiu iomh wk »Bsa vot aw n mmuimau t M/S 1/4 RKMK4/4. MMTUUI 7/4 a 14/4, NMOTA 11/4 TOKYO IS/1 KMBO M/ 4 OKWTUT 7 1/4 SUKAIATA4/4 okamskt n
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      122 39 REGIONAL WEATHER LEGEND: R *C A sho W#r W*oth*r Wind direction with tp««d in knots VS£dy»y wovh^ght SvHoct wwidi or# ndicotid by Ofws wfiicti fly wvtft tfci wind On* ful circl* repr**«nt* calm or fcght and vonoM* wind* J One half Heche represent* 5 knot* L» On* ful fWche represent*
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