The Business Times, 1 June 1995
1995-06-01
1
40
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The Business Times
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Title Section12 1995-06-01 1 SINGAPORE BUSINESS TIMES WE KNOWM&IA MITA(P) 194/12/94 Thursday June 1 1995 85«,12 words
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LATEST
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Article58 1995-06-01 1 Reuter NEW YORK Blue-chip stocks rose yesterday, helped by a rebound in technology shares that had been hit by profit-taking on Tuesday. At 2 pm EDT, the Dow Jones index was up 33.20 points to 4,411.88. At 1 pm, advances led declines 11 to 8 inReuter - 58 words
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44 1995-06-01 1 AP COLORADO SPRINGS, Colorado Faced with a deteriorating situation in Bosnia, President Bill Ginton yesterday said he has decided to make US ground troops available to help reposition UN peacekeepers in former Yugoslavia if asked to. APAP - 44 words
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Article167 1995-06-01 1 Stock aartot Indicts Wednesday Change ST1I 2,178.36 +15.88 KLSEComp closed Nikkei 15,436.79 -326.18 Hang Seng 9,407.38 +162.08 SET Index 1,392.31 +37.40 Jakarta Comp closed Manila Comp 2,***** +9.06 Taipei WPI 5,674.55 +27.48 Seoul Comp 882.5 +0.7 Bombay BSE30 ..3,348.72 +72.41 CLSA China B „„...788.46 +2.71 Aust All Ord 2,019.5167 words
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98 1995-06-01 1 Reuter LAS VEGAS Billionaire investor Kirk Kerkorian yesterday said he was withdrawing his US$22.B billion (5531.7 billion) offer to buy Chrysler Corp, and that he was considering other options regarding his stake in the third-largest carmaker in the US. Mr Kerkorian's Tracinda Corp, which launchedReuter - 98 words
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Article, Illustration567 1995-06-01 1 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE United Overseas Bank (UOB) has lowered its prime lending rate by a quarter percentage point to 6 per cent a surprise move expected to be followed by its rival Singapore banks. The reduction reversesSource: Bloomberg - 567 words
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260 1995-06-01 1 SINGAPORE The Australian dollar ended at a record low of 99.39 Singapore cents yesterday. And in a repeat of its last plunge below parity on May 19, there was no direct selling of the Aussie dollar for the Singapore dollar yesterday.260 words
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327 1995-06-01 1 Reuter Bloomberg Business News WASHINGTON The US economy braked more abruptly in the first three months of this year than originally thought, the Commerce Department said yesterday, as quarterly growth slowed to the weakest pace in one-and-a-half years. Gross domesticReuter; Bloomberg Business News - 327 words
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150 1995-06-01 1 SINGAPORE Regional stock markets yesterday welcomed the solid overnight rally in the US bond markets. The benchmark 30-year US Treasury bond yield fell nine basis points to 6.66 per cent after the Conference Board announced its index of consumer confidence had fallen sharply150 words
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392 1995-06-01 1 Kenneth James - By Kenneth James SINGAPORE Personal computers have found their way into more than a quarter of homes in Singapore, with home buyers fuelling overall PC sales, latest research data shows. Research group International Data Corporation (IDC) says it expects392 words
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Article, Illustration633 1995-06-01 1 Agnes Wee - By Agnes Wee SINGAPORE The Urban Redevelopment Authority is offering for sale by tender three more commercial, hotel and residential land parcels which real estate consultants expect will meet with a good response. Two of the sites are at China633 words
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Page 1 Advertisements
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Advertisement77 1995-06-01 1 REVUE Dynasly Watch Pic LtdTd-733 2765 Repmal News 3,4.5 Financial 20.21 World New 7 Kb"!—__ 15 SjSs. SES 25-26 Edrtonal 14 Report .22 Sports 11 World 23 TV/Lkrtyte 13 Currencies _20 Focus 6 Swwi/Commo .20,21 Tel 1800-*****77 Fax *****75 II W—iiiifc Td *****18 Fa *****71 (111 B i BBTlB1 t77 words
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Advertisement7 1995-06-01 1 Innovation: pg 8 Bringing 3D to life7 words
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Advertisement45 1995-06-01 1 Hock Lock Siew: Pg n Time for local banks to follow UOB's lead Hock Lock Siew: Time for local banks to follow UOB's lead, Pg 17 Joint baying by central banks bolsters US$, Pg 16 April US income growth expected to have been modest, Pfe745 words
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Advertisement166 1995-06-01 1 J k CO-UJJ: Removable CO Tuner nrrm OSP Sound Processor/CO Changer Conlrofcr jujrrsu ten AMATEUR PHOTO STORES PTE LTD. Phone, 235 1333 Kuaia Lumpur: Phone; 757 0233 Phone; 615 965/619 014 Jakarta: Phone; *****9/*****8 Bottom Line: Pg 16 Image and the US presidency China Square project expected to be finished166 words
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SINGAPORE NEWS
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Eye on the Economy
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Article, Illustration243 1995-06-01 2 Teh Hooi Ling - By Teh Hooi Ling WHOLESALE prices remained relatively stable in March, figures from the Department of Statistics show. The Manufactured Products Price Index that month was 80.7 points about one percentage point higher than a year earlier. Compared with February, the figure was down 0.3Source: Dept of Statistics - 243 words
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News Roundup
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63 1995-06-01 2 PRIME MINISTER Goh Chok Tong begins a two-day working visit to Indonesia today. A statement from the Prime Minister's Office yesterday said that he will meet President Suharto to exchange views on issues of bilateral interest, and regional and international developments. During his63 words
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52 1995-06-01 2 FOREIGN ministry officials from Singapore and China will meet annually under a pact signed here yesterday. The memorandum of understanding was the third such pact that Singapore has signed with other countries, said the Ministry of Foreign Affairs yesterday. The others were with India52 words
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Article20 1995-06-01 2 PRIME Minister Goh Chok Tong has offered his condolences to the victims of the Sakhalin earthquake.20 words
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Article, Illustration459 1995-06-01 2 Jenny Lam - By Jenny Lam GLENEAGLES Hospital plans to establish teleconferencing links with its more reknowned counterparts in developed countries to tap their medical expertise. The first of such tie-ups will be with Baltimore-based Johns Hopkins Hospital and University. Johns Hopkins is rated onePhoto by Chris Loh - 459 words
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241 1995-06-01 2 SINGAPORE and the Philippines have agreed on the three experts who will form a thirdparty panel to resolve the contradictory findings of autopsies on murdered Filipina maid Delia Maga. The Ministry of Foreign Affairs said yesterday three names would be submitted to the241 words
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246 1995-06-01 2 CANADIAN group Nortel has set up a regional headquarters and technical support centre in Singapore for the Asia Pacific. Nortel's Asia South Pacific president, James Deas, said yesterday the group formerly called Northern Telecom would invest about $25 million in Singapore246 words
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446 1995-06-01 2 Michelle Low - By Michelle Low THE Urban Redevelopment Authority's auction of two 99year lease landed residential parcels yesterday saw a surprisingly keen contest between United Overseas Land and OCBC Land over the first and larger site. UOL eventually clinched the 16,976.6 square metre446 words
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358 1995-06-01 2 Agnes Wee - By Agnes Wee THE Urban Redevelopment Authority expects the China Squarfe project in the Telok Ayer area to be completed by the year 2001. Under its China Square Concept Plan, the authority aims to revitalise the six-hect-are neighbourhood bounded by South358 words
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Article173 1995-06-01 2 THE National Computer Board has appointed Stephen Yeo Siew Chye chief executive. Mr Yeo, formerly director of Systems Computer Organisation of the Ministry of Defence, starts his new job on July 1. He succeeds Ko Kheng Hwa, who has been appointed deputy managing director (in-173 words
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Page 2 Advertisements
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Advertisement152 1995-06-01 2 "t Your CPU may have a higher our monitors give the best quality image resolution capability than you think. and sound from built-in stereo speakers To find out, use a Philips Plug n Play with Active Power. And you needn't monitor which conforms to the VESA worry about radiation because152 words
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Advertisement10 1995-06-01 2 ATTRACT POTENTIAL CANDIDATES with m ad In the APPOHtTttEHTS' columns10 words
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SOUTH-EAST ASIA
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421 1995-06-01 3 Reuter KUALA LUMPUR Malaysia is set to launch a major anti-inflation campaign this week but economists and analysts were unable to pinpoint yesterday what measures would be adopted. Prime Minister Mahathir Mohamad is due to announce the plan, aimed at controlling the inflationaryReuter - 421 words
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227 1995-06-01 3 AFP JAKARTA Indonesia's armed forces (Abri) chief has said Jakarta is ready to defend its claim over disputed waters around the Natuna islands in the South China Sea against rival claims, reports said yesterday. "Natuna obviously belongs to Indonesia, andAFP - 227 words
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239 1995-06-01 3 AP KUALA LUMPUR Britain is looking at the possibility of shifting some of its military facilities to Brunei after Hongkong reverts to China, a newspaper reported yesterday. This was discussed by Malaysia's Deputy Defence Minister, Abdullah Fadzil Che Wan, and the BritishAP - 239 words
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354 1995-06-01 3 AFP VIENTIANE As Vietnam puts the final touches to its preparations to join the Association of South-east Asian Nations (Asean), its neighbour Laos is hanging back, saying it still needs more help before it can join the increasingly important regional group.AFP - 354 words
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Article, Illustration75 1995-06-01 3 Reuter RIVER KWAI, Thailand Briton Trevor Dakin (left), Indonesian Buntom Wandee (cehtre) and Japanese Nagase Takashi posing for photographers in front of the Bridge on River Kwai in Kanchanabur province In Thailand. Fifty years ago, Mr Takashi was with the Japanese militaryReuter - 75 words
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148 1995-06-01 3 Bernama KUALA LUMPUR Bank Negara deputy governor, Khong Kim Nyoon, died yesterday. He was 51. The central bank in a statement last night said Mr Khong died after a short illness. It did not mention the nature of his illness. Mr Khong leaves a wife,Bernama - 148 words
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66 1995-06-01 3 Bernama JOHOR BARU The Johor government will bring about the integrated development of small, food-based industries with the help of the various agencies as part of a strategy to bring technology to the rural people. Menteri Besar Haji Abdul Ghani Othman said yesterday that theBernama - 66 words
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91 1995-06-01 3 AFP MANILA The Philippines will move to legalise the presence of clandestine immigrants, including Vietnamese boat people, President Fidel Ramos said here yesterday. He said the Alien Social Integration Act of 1995 will take effect today and he urged illegal aliens and their children to applyAFP - 91 words
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62 1995-06-01 3 Reuter PHNOM PENH Cambodia has approved investment projects worth US$374 million (*****.8 million) in the first five months of this year, the government said yesterday. The Cambodian Investment Board said the projects will create 8,825 jobs when full production starts. The most expensive projects approved byReuter - 62 words
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Article71 1995-06-01 3 Reuter JAKARTA East Timorese activists have welcomed the opportunity to air their grievances about Jakarta's rule of their homeland in United Nations-sponsored talks starting tomorrow, even though the meetings will avoid key political issues. Indonesia's decision to allow prominent dissidents to attend the talk* inReuter - 71 words
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Page 3 Advertisements
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Advertisement183 1995-06-01 3 9A';,: jpPK»mK: «H|^B 'S]H P T #y- 11% jplftw' j* g .At' V l j"A -fe jV-Jcß> ~-.,-«"9>:. '"V -Sti* 4 t %y%i4 ,^3afti.l>-lajfe&V.l* raffiad!Bte > offers a private offk*|^ 24 hour coding J J splendid Add J J management and Hi|i§l security. A fitting ig/As part of a unique183 words
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CHINA/HONGKONG /TAIWAN
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509 1995-06-01 4 Bloomberg Business News HONGKONG Chinas "special economic zones", the state-approved capitalist enclaves that led China's explosive economic growth over the past decade, are slowing down. Rising wages in the special economic zones (SEZs) are driving investors to cheaper placesBloomberg Business News - 509 words
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89 1995-06-01 4 AFP BEIJING A senior Chinese trade expert has lashed out at the US Congress for "abusing" its power and seeking to relink the extension of China's most favoured nation (MFN) trade status to the issue of human rights. Some members of Congress were keen onAFP - 89 words
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Article, Illustration59 1995-06-01 4 Reuter HONGKONG A Hongkong publisher has shown gumption by latching on to the popularity of the hit movie Forrest Gump and publishing a collection of famous sayings by Chinese paramount leader Deng Xiaoping. He has used a cover design (above) that mirrors the film's publicity poster and theReuter - 59 words
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Article90 1995-06-01 4 Reuter HONGKONG China's official urban unemployment rate could rise this year, depending on the progress of enterprise reform, said the most recent issue of the Bank of East Asia's China Analysis. The unemployment problem is caused by inadequate job opportunities and structural imbalances such asReuter - 90 words
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50 1995-06-01 4 Reuter TOKYO China is believed to have test-fired an inter-continen-tal ballistic missile (ICBM) in the last few days, Japan's Chief Cabinet Secretary Kozo Igarashi said yesterday "We assume China conducted an ICBM experiment at the end of May," Mr Igarashi told a news conference. ReuterReuter - 50 words
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270 1995-06-01 4 Reuter TAIPEI Taiwan's top economic planning body plans to lower its target for annual Gross Domestic Product (GDP) growth to 6.5 per cent for the next five years, down from a current target of 7 per cent, an official said yesterday. TheReuter - 270 words
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141 1995-06-01 4 China sets up new software copyright watchdog AFP BEIJING China has set up a new body to control software copyrights, replacing a centre that previously suffered from conflicts of interest under the Electronics Ministry, a major software producer. The new centre will be under the direct control of the StateAFP - 141 words
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282 1995-06-01 4 Teh Hooi Ling - By Teh Hooi Ling SINGAPORE Multinationals wanting to enter China's refined petroleum market may have to look further afield than the lucrative southern coastal areas, a conference here was told yesterday. Kim Woodard, chief China representative of manage AT the markets282 words
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Advertisement217 1995-06-01 4 i '■HBIA Hmm'.' "HHBI wHBHHi fIHV V* -JL i i^^Ej^^alUgl BTi^^^K^yfiljCTfM--•'''. ■ninTmM Your savings ■'B Espace *&ASafrane v '7. Laguna i > i t y^ t *< Renault 19 Clio gft Dl i Mo w^* At Exklusiv Auto, we believe in making it easier for you to drive away in217 words
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Advertisement151 1995-06-01 4 This announcement appears as a matter cf record only i ft J mf I .1 'riifi a -TUNTEX- TUNTEX (THAILAND) PUBLIC COMPANY LDiTM U5550,000,000 v '1 CREDIT FACILITY J Arrangers A Lead Managers AFC Merchant Bank The Development Bank of Singapore Ltd Keppel Bank of Singapore Limited Union Europ&nne de151 words
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ASIA
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336 1995-06-01 5 Reuter WELLINGTON New Zealand Finance Minister Bill Birch is expected to announce further hefty budget surpluses today and to resist any temptation to go on a spending spree before an election next year, economists said. Mr Birch's conservative National Party government is seenReuter - 336 words
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287 1995-06-01 5 AFP SEOUL South Korea's economy is expected to grow by 9.1 per cent for the whole of 199S on the bade erf* thriving exports and healthy invest- ment, a private think-tank said yesterday. The Korea Institute of Economy and Trade (Kiet)AFP - 287 words
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72 1995-06-01 5 AP TOKYO The capital's governor, sticking to a controversial campaign promise, announced yesterday he will cancel a multibillion dollar international cities exposition Tokyo was to host next year. Yukio Aoshima's promise to scrap World City Expo Tokyo '96, which he has called a waste ofAP - 72 words
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Article, Illustration39 1995-06-01 5 Reuter KAWASAKI Employees of Tonen Corp's Kawasaki oil refinery examining a desulphurisation plant which is under investigation after it leaked toxic hydrogen sulphide gas on Tuesday. Five workers were seriously injured. ReuterReuter - 39 words
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45 1995-06-01 5 Bloomberg Business News TOKYO Japan and North Korea are holding unofficial talks to pave the way for a resumption of formal negotiations on normalising diplomatic relations, an official of Japan's Ministry of Foreign Affairs said yesterday. Bloomberg Business NewsBloomberg Business News - 45 words
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282 1995-06-01 5 AFP NEW DELHI India's ruling Congress (I) party and a divided opposition yesterday split the outcome of provincial elections seen as the last popularity test ahead of parliamentary polls next year. The Congress won 10 out of 23 seats across halfAFP - 282 words
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Page 5 Advertisements
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Advertisement170 1995-06-01 5 TJtu aducrttttment is for information purposes only and does not constitute an tmnUtOon or offer to acquire, purchase or subscribe for securities I June 1995 <9 The Industrial Finance Corporation of Thailand U.S. $100,000,000 Floating Rate Notes due June 2000 Lehman Brothers Merrill Lynch International Limited EBJ Asia Limited J.P.170 words
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FOCUS
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Article, Illustration749 1995-06-01 6 India's couch potato revolution LONDON For something that is now so firmly embedded in the national culture, television's development in India has been relatively slow. Not until the 1982 Asian Games held in Delhi did colour television arrive: using satellite and low power749 words
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Page 6 Advertisements
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Advertisement1323 1995-06-01 6 /GY KIAW AIK HANG FINANCE COMPANY LIMITED I IhJ (Incorporated in Singapore) \rV/ 297, SOUTH BRIDGE ROAD, SINGAPORE 0105. TEL: *****69 Fax: *****50 BALANCE SHEET Tbtal 2,858 4,768 December 31,1994 19*4 1999 Thirdfwtie. < 768 ASSrre OaISL $"000 VOOO Related company (Note 3) 1 1_ Carnal aaaeta: Xotal 2,858 4,7681,323 words
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Advertisement829 1995-06-01 6 EThis article was reprinted from the < ■►> May 22 issue of Business Asia. a fortnightly management report by The Economist Intelligence Unit (Asia) Ltd NOTICE OF TWENTIETH ANNUAL GENERAL MEETING r Asia Matrix Limited and Its Subsidiary Companhs Vf NOTICE IS HEREBY GIVEN THAfr fee Twentieth Animal General Meeting829 words
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THE WORLD
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355 1995-06-01 7 Bloomberg Business News WASHINGTON The Clinton administration has proposed a voluntary code of conduct for US companies doing business overseas in the hopes of influencing human rights practices abroad. Coming just days before President Bill Clinton is set to renewBloomberg Business News - 355 words
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213 1995-06-01 7 FT BRUSSELS The European Commission yesterday warned that delays in launching the planned single European currency and introducing Eurocoins and notes risks would trigger instability in financial markets. The warning was contained in a Commission green paper setting out the technical obstaclesFT - 213 words
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194 1995-06-01 7 NYT WASHINGTON A conservative research group closely linked to House Speaker Newt Gingrich called on Tuesday for abolishing the Federal Communications Commission (FCC), arguing that the agency had consistently hurt consumers by blocking competition and innovation. The group, the Progress and Freedom Foundation, issuedNYT - 194 words
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340 1995-06-01 7 Reuter Bloomberg Business News NEW YORK US personal income and consumption is likely to have grown at modest levels in April, throttled by a lack of auto bonuses, paltry farm subsidies and weak car sales, economists said. "There was respectable growthReuter; Bloomberg Business News - 340 words
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Article, Illustration66 1995-06-01 7 Reuter NEFTEGORSK, Russia A rescuer standing over the hand of a victim reaching out from the rubble of a destroyed apartment building here on Monday. Almost 2,500 people are still missing after a powerful earthquake measuring 7.5 on the Richter scale struck early on Sunday.Reuter - 66 words
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77 1995-06-01 7 Reuter WASHINGTON The World Bank is expected to approve its biggest ever loan next month, a US$l billion (Ssl.4 billion) credit for Mexico to help the nation shore up its battered banking industry, sources said on Tuesday. Also on the bank's agenda isReuter - 77 words
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61 1995-06-01 7 Bloomberg Business News STOCKHOLM The Swedish government plans to sell stateowned companies worth 70 billion kronor (S$ 13.4 billion) before the year 2000, Swedish daily Dagens Industri reported yesterday. The amount includes companies the government has previously said it wants to sell, suchBloomberg Business News - 61 words
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Article42 1995-06-01 7 AP NOORDWIJK, Netherlands Russian Foreign Minister Andrei Kozyrev finalised a wide-ranging military cooperation treaty with the North Atlantic Treaty Organisation yesterday, but repeated his country's fears about alliance plans to accept its Eastern European neighbours as members. APAP - 42 words
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Page 7 Advertisements
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Advertisement393 1995-06-01 7 Introducing the new Suzuki Esteem. Who says a family car can't make you look good? At Suzuki, wc didn't design the new Esteem to simply look good. We engineered it to do something far more ambitious to make you look good. Which is why as we mark our entry into393 words
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Innovation & Technology
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InTakes
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Article, Illustration51 1995-06-01 8 IN-Press BONN This solar tower, with its 55 sq m sun-sail, sits on top of Germany's largest rooftop solar power plant. The photo-voltaic plant, built by German multinational Siemens, delivers about 90,000 kilowatt-hours of electricity a year, enough to meet the needs of 28 households.IN-Press - 51 words
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Article86 1995-06-01 8 AP NEW YORK Scientists have decoded the complete genetic code of a free living organism for the first time, unveiling a DNA chain of over a million bases that makes up a life. Calling it "an incredible moment in history," Dr Frederick Blattner of the UniversityAP - 86 words
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60 1995-06-01 8 UPI CAMBRIDGE, Massachusetts Polaroid Corp and Motorola Corp have announced what they called a "revolutionary" innovation to improve visibility on liquid crystal display (LCD) screens used in hand-held computers and other devices. The Imagix holographic reflective material is designed to improve brightness and contrastUPI - 60 words
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Article, Illustration830 1995-06-01 8 Seamus Phan - SGS-Thomson has incorporated new technology to enhance computer games, Seamus Phan learns Seamus Phan %The writer is zone partner of McGallen A Bolden Associates, a strategic quality, training and technology consulting firm. He can be reached on the Internet at phancc@singnet.com.sg or at *****0.2427@compuserve.com830 words
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642 1995-06-01 8 On-line data transmissions give instant infqfto doctors in outlying areas NYT A COMPUTER network system that can transmit X-ray pictures and other medical images via telephone lines is improving medical care on some of the sparsely populated islands in the Japanese archipelago.NYT - 642 words
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753 1995-06-01 8 Computers and scanners help scientists track how brain processes information NYT ONE OF the deeper mysteries of the mind how people channel the rushing waters of perception and turn them into pools of accessible knowledge is beginning to be solved. Since the mid-1980s, withNYT - 753 words
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Page 8 Advertisements
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Advertisement55 1995-06-01 8 Practice makes perfect. "Best Hotel in the World IQQ4"lnstitutional Investor "Hotel of the Year IQQ4"Executive Travel Magazine THE ORIENTAL BANGKOK SM 33Q0033 Sole, 33V8811 n. Oriental: 48 Oriental Amu*. Ba~M *****. 71u,JanJ TtlfJumt (02) 230 0400/20 Facile: (02) 230 IQ3Q Bangkok Hong tUmq Jakarta LmJon Macau Manila San Franc,tco Singapon55 words
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Page 9 Advertisements
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Advertisement268 1995-06-01 9 ijR *jr *r v sa^*: %"«jl#»' i-I' H s 4 m *Q H M |B H <S& Km v V. 14 1 «> s aHP- MM* -'%t is. C fciJ A aSSLw.-..... m •••iiiIMMP- k agg. w v WW i i'lMI wlvk M.• JBi B k tllJr ia.« m ja4l268 words
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The Law Page
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Article, Illustration939 1995-06-01 10 Selva Kumar - Chief Justice Anthony Mason gave the Australian government one more thing to think about before he retired, reports Selva Kumar Selva Kumar The author is a freekinte writer, currently engaged in post-graduate studies in Sydney CHIEF Justice Anthony Mason capped his eventful 23 years inDollars and Nonsense - 939 words
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415 1995-06-01 10 Conrad Raj - AT THE-®^ By Conrad Raj SHIPPING lawyers have never had it so good if the number of ships arrested in the past 17 months is anything to go by. According to the High Court registry, there were 40 ship arrests here in the first quarter415 words
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Page 10 Advertisements
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Advertisement173 1995-06-01 10 I m Our latest model leaves nothing to imagination except its stunning looks. Be the first to experience the revolutionary new Nissan that others can only imitate. Visit our showroom or call our hotline at 460 1600 now. •Applies to 1.6 litre manual transmission only. Automatic transmission and 1.8 litre173 words
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SPORTS
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675 1995-06-01 11 WORLD CUR -1993 AP DURBAN, South Africa The Underwood brothers, Rory and Tony, each scored a try yesterday and Rob Andrew kicked for 17 points to give England a 27-20 victory over Italy and a berth in the Rugby World Cup quarter-finals.AP - 675 words
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Article, Illustration581 1995-06-01 11 Reuter JOHANNESBURG Scotland approaches its climactic Rugby World Cup Pool D clash against France in Pretoria this Saturday in both better form and better spirits than their opponents. The Scots followed their 89-0 demolition of Ivory Coast last Friday withReuter - 581 words
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Article, Illustration524 1995-06-01 11 French Open AP PARIS Pete Sampras, the No 2 seed, tumbled out of the French Open in the first round yesterday with a dramatic fiveset loss to Gilbert Schaller. The 24th-ranked Austrian, in the most impressive victory Of his career, roared back afterAP; Reuter - 524 words
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418 1995-06-01 11 Reuter PARIS French by design but made in Canada, Mary Pierce returned to her adopted home and gave the Parisian crowd what it came to see a comfortable win in her first match at the French Open on Monday. Pierce arrivedReuter - 418 words
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Article135 1995-06-01 11 Reuter SAN ANTONIO, Texas Hakeem Olajuwon scored 42 points and Sam Cassell 30 as the Houston Rockets moved within one victory of returning to the NBA Finals with a 111-90 rout of the San Antonio Spurs on Tuesday. The defending champion, Rockets never trailed and wonReuter - 135 words
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Article119 1995-06-01 11 AFP HONGKONG World record swimmer Dai Guohong has attacked Western nations which she said were singling out China as a nation riddled with drug abuse. The 18-year-old, who holds a relay world record, said it was wrong for Canada, the US and AustraliaAFP - 119 words
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Article, Illustration58 1995-06-01 11 Reuter CLEVELAND Cleveland Indians' batter Eddie Murray breaks his bat off a pitch by Chicago White Sox pitcher Alex Fernandez in the fifth inning at Jacobs Field here on Monday. The ball was caught in the outfield. Murray got a hit in the first inning and now needsReuter - 58 words
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140 1995-06-01 11 LONDON Alfred Dunhill Limited, the English luxury goods company, has announced that the 1995 Alfred Dunhill Masters Golf championship will be staged at the Palmer Course at the Emerald One Golf Club, Jakarta, on Nov 2-5. England's Nick Faldo, the world No 3, three140 words
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Article122 1995-06-01 11 AP LAUSANNE, Switzerland International Olympic Committee (IOC) president Juan Antonio Samaranch on Tuesday confirmed his "total support" for Sydney to host the 2000 Games here, despite concerns over finances. The Sun Herald newspaper had reported that Mr Samaranch was concerned the New South Wales state governmentAP - 122 words
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Article, Illustration565 1995-06-01 11 NBA Playoffs AP ORLANDO The swagger was back, and so was the smile. Shaquille O'Neal pranced into the hallway at Orlando Arena on Tuesday and strolled away with a demeanour the Magic hope will set the tone for the rest of the Eastern ConferenceAP - 565 words
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Article, Illustration12 1995-06-01 11 HOUSTON NBA Western Caafereace finals, Tuesday: San Antonio 90, Houston 111.12 words
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Article, Illustration37 1995-06-01 11 LEICESTER, England West Indies were 389 for five wickets off 93 overs in their match against Leicestershire on Tuesday. Scores: West Indies 389-5 (K Arthurton 146, S Chanderpaul 97 not out, R Richardson 60) v Leicestershire.37 words
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Article, Illustration74 1995-06-01 11 SELVINO, Italy Tour of Italy 17th stage (43 km individual time trial between Cenate and Sekino), Tuesday: 1 Tony Rominger (Swi) Mapei Ih smin 59scc 2 Evgeny Berzin (Rus) at 1:39 3 Piotr Ugrumov (Rus) 2:03 4 Francesco Casagrande (Ita) 3:11 5 Pavel Tonkov (Rus) 3:27. Overall: 1 Rominger74 words
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Article, Illustration57 1995-06-01 11 LONDON European Tour money leaders, Monday: 1 Bernard Langer (Ger) £181,347 2 Costantino Rocca (Ita) 174,695 3 Peter O'Malley (Aust) 155,235 4 Mark James (Eng) 148,419 5 Michael Campbell (NZ) 144,192 6 Seve Ballesteros (Spn) 127,573 7 Sam Torrance (GB) 126,014 8 Colin Montgomerie (GB) 123,998 9 PerUlrik Johansson57 words
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Article, Illustration158 1995-06-01 11 PARIS US$lO.3 million (SSI4J million) French Open Ist rd, Tuesday (seeds only): Men: 3-Boris Becker (Ger) b Javier Frana (Are) 7-6 (8-6) 6-4 6-3; Mikael Tillstrom (Swe) b 4-Goran Ivanisevic (Cro) 7-5 6-3 6-4; 6-Michael Chang (US) b Diego Nargiso (Ita) 6-3 6-4 6-1; 7-Sergi Bruguera (Spn) b Patrick158 words
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Advertisement324 1995-06-01 12 The All Naturally Brewed Beer. L WORLDS yWQOTSEUJNOBEEH JE V adt—Wfcddfc.aSJU-t.WarW TH€ MOST fIUTH€NTK ITflUflN PflSTfl PIZZA IN TOUJN —i I* iiitLg ...NEARER TO TNE EAST HMM3 MHA FRfSCA M SAEVfTOH PTI lit i"I jilrtQwwioflwrHKioiwttsajn/oMio ifffcv n —1 JKTm IVJSI u«Mni/4«v) r LPIPI »nd^i^a—ii ii insa»uw<4«mn U735C373/*****7S XIHF 77ta»taCs*lid#0l-01/n«IS4S) i=25J324 words
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Advertisement294 1995-06-01 12 torufjht and snrtcbour Thursdays; ?pm 2am, Fridays. Saturdays eve of public Karaoke with our DJ on Sundays MiscHfefy A wr BOCUVAU) HOTO. 2M Orchard Boutevard 1*24 Tat 717 »U V 1 May-30 June 1995 Our Tok Panjang" of delicious Peranakan specialities Include Ayam Buah Keluak. Ganun Assam Dean. Udang Chili294 words
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Advertisement387 1995-06-01 12 WHERE T8 WINE, DINE AND ENTERTAIN To Sovoor TW WorM. Cot Froah Sfrt Our International Buffet at Cafe Plaza is a world of culinary delights. Starting with a bed of the freshest Rock Oysters. Followed by a sumptuous spread of everything from French and Italian, to Japanese, Thai and Singaporean.387 words
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Advertisement289 1995-06-01 12 I Celebrating Fish UTs drink to fish. Bouillabaisse or Tom Yam? Top of tho M celebrates fish with a lunch buffet of every Imaginable fish recipe. Salmon, solo. Xm snapper. sea ban... If R can bo caught It can bo cooked. And w* know aU the doUdous ways. Continental or289 words
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LIFESTYLE
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Article, Illustration714 1995-06-01 13 Susan Tsang - Director Ong Keng Sen talks about his latest play Descendants Of The Eunuch General to Susan Tsang Susan Tsang THE drama section .of the Asian Performing Arts Festival 1995 looks like rather poor pickings for the English-speaking viewer most of the works are in Chinese or714 words
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Article, Illustration402 1995-06-01 13 UPI AFP AFP UPI UPI TIM ALLEN is one star who won't lend himself out as an advertising tool, even for his own top-rated TV show.. Hollywood insiders say McDonald's cancelled tentative plain for a multimillion-dollar tie-in campaign with Home ImprovementUPI; AFP - 402 words
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Page 13 Advertisements
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Advertisement297 1995-06-01 13 WHERE TO WINE, DINE AND ENTERTAIN \j Wine Dine j Entertainment 1 This space is yours for just a daily purchase of 120 copies I of Business Times for 1 year. I Ilk Any enquiries, please call HBT I (&£*&aryoia#!ZcrmPte ■J j Swimwear Fashion Show Tonight! where Ihe FUN never297 words
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Page 13 Miscellaneous
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Miscellaneous1019 1995-06-01 13 Ch 12 Hockney America. Another was take up the camera This programme looks at how takes photos subject, them a collage. The Paris Opera puts up two historic one-act ballets as- ;v^% sociated with designs by Picasso The Blue Train, and Le Tricorne. -SfiH Fo*»!. 8.30pm. Ch 5 Tom Selkck1,019 words
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Article454 1995-06-01 14 THE last time a labour union chief called for restraint in wage increases, Singapore was sinking fast into an uncharacteristic recession. It was a dire situation and uppermost in the minds of unions was the danger of job losses. Ten years after, NTUC secretaryfeneral Lim Boon Heng454 words
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Article367 1995-06-01 14 WITH the ignominy of its peacekeeping troops paraded as hostages by the Serbs in Bosnia, the UN is facing die most severe test of its credibility in recent memory, if the world body's performance in this Balkan conflict had to be summed up in a single367 words
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Article125 1995-06-01 14 >IUCH as Singaporeans in general object to the emotional reactions in the Philippines over the hanging of Flor Contemplacion, the episode has given them the opportunity to look at the strengths of Singapore's judicial system and the principles upon which the government made important decisions. As Home125 words
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Article182 1995-06-01 14 THE Socialist Party played an important role in postwar Japan in the *****. The decision to dissolve the party is not to bring down the present government and give up ruling power. On the contrary, it is to prolong the life of the transitional government.182 words
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179 1995-06-01 14 THIS TIME last year, Beijing released a handful of dissidents, including Chen Ziming and Wang Juntao, as the deadline for a decision on China's most favoured nation (MFN) trading status drew close. Subsequently, Beijing got what it wanted a renewal of its MFN179 words
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Article86 1995-06-01 14 WINSOR Industrial's announcement of the cessation of textile processing activities in Hongkong with the loss of 600 jobs is another marker indicating change in Hongkong's evolving economy. Unemployment is a rising issue on the territory's political agenda as the re-structuring of the economy displaces a86 words
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Article116 1995-06-01 14 THE foreign teams have arrived. Large areas of the country are about to be seized by Rugby World Cup fever. The sight of our team running on to the field to kick off one of the greatest sporting showpieces will provide another powerful image of our reconnection116 words
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Article, Illustration729 1995-06-01 14 Julian Weiss - Asian-Americans' quiet achievements serve them best, says Julian Weiss Julian Weiss The writer, a follow in international communications at The Heritage Foundation in Washington DC, contributed this article to Business Times WITH the 1996 US presidential election season fast approaching, AsianAmericans are729 words
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Page 14 Advertisements
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Advertisement82 1995-06-01 14 One Issue One Year's Issues One Year's Subscription Price SS5.l5* Ss6l.Bo* $$43.26* Inclusive of GST H5 would like a free copy. (While stock lasts) i I□ I would like a one-year subscription Payment ncharge to VISA□ AMEX MASTER I from lune_l issue. Card no: I Name: Expiry date: I I82 words
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Page 14 Miscellaneous
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Miscellaneous51 1995-06-01 14 (u>WO CP*R£S DON'T LOOCX \j I'M 101 TH ft SMILE. 1 I**l P\H?fSD THCRCA V —I HERE. R3R MOJFV ON TH€. pee o»e OR TWO I J -r^'s^y eHMWaMMfML»,NM| g«MW DOONESBURY GARRY TRUDEAU THANKS.MY... [F"^^V)JrJa!c^B Hgf.BßfOtß UHAT* M VUMtI M »PI9&N' 1 pm L WW*"*). J WUGO.HW IF ASU& 151 words
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ANALYSIS
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Article, Illustration1323 1995-06-01 15 Anthony Rowley - Japan's industries are being forced to deal with the impact of the high yen. Anthony Rowley looks at the winners and the losers Anthony Rowley The writer is BT's Tokyo correspondent JAPAN faces a reversion to an economic law of the jungle1,323 words
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Article, Illustration1097 1995-06-01 15 Asian markets have always moved up and down with the US market, but money managers say the link is breaking Bloomberg Business News WHEN US stocks next take a dive, will it be the end of the world for Asian equities? Many investors think so. AsianBloomberg Business News - 1,097 words
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Page 15 Advertisements
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Advertisement143 1995-06-01 15 lIMII N 1 < 111 < 1111 11 IS L< lIK| <lU< lo lliinL oiilsmL lli. s(|ii<ii<' Iviclicvillv (lir<> 11 < pin* dc lorinc lomiicmii M. •> MANUFACTURE Girard-Perregagx DEPCJIS 1791 Pictured: Model n *****.0.1 1. 1031 "Tonneau" handivinding chronogt aph in stainless steel. Also available in automatic without chronogiaph.143 words
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514 1995-06-01 16 Reuter GENEVA The United States appeared yesterday to be easing the hardline stance it has adopted in its car trade row with Japan by signalling readiness to accept Tokyo's demand for prompt consultations. After a meeting of the World TradeReuter - 514 words
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355 1995-06-01 16 There are hints that govt may reconsider status of the US ratings agency Knight-Ridder TOKYO Ah, the sensitivities of high finance. When the Ministry of Finance and the Bank of Japan got wind earlier this month of some hard words from Moody's Investors ServiceKnight-Ridder - 355 words
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Article, Illustration228 1995-06-01 16 Reuter TOKYO Japan's Prime Minister Tomiichi Murayama has indicated he might break up his ruling coalition if parliament fails to pass a pending war apology resolution, the Kyodo news agency reported yesterday. Kyodo said Mr Murayama told political colleagues he would act "withReuter - 228 words
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326 1995-06-01 16 Reuter PARIS France's new conservative government, unveiling its first privatisation since taking office this month, said yesterday it planned to sell Europe's largest steel-maker, Usi-nor-Sacilor SA, before the summer. The announcement coincided with fierce protests from public sector unions angry overReuter - 326 words
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106 1995-06-01 16 Reuter SEOUL North Korea has asked the United States to provide about US$l billion (SSI.4 billion) worth of extra economic and technical aid under its landmark nuclear deal with Washington, South Korean news reports said yesterday. The communist stateReuter - 106 words
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Article, Illustration825 1995-06-01 16 HARISH MEHTA; HARISH MEHTA - The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent who recently spent some time in the US on a fellowship programme ONLY a miracle will give US President Bill Ginton a second term. By contrast, the tremendous825 words
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220 1995-06-01 16 Reuter NEW YORK The US dollar surged yesterday after concerted intervention by the US Federal Reserve Board, Germany's Bundesbank, the Bank of Japan and several European central banks. US Treasury Secretary Robert Rubin said the move was in line with the exchange rateReuter - 220 words
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253 1995-06-01 16 AFP NEW DELHI The Speaker of India's Upper House of parliament yesterday urged the government to review its move to permit American fast-food chains into the country after several MPs slammed the decision. Najma Heptulla, chairman of the Rajya Sabha, said theAFP - 253 words
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Page 16 Advertisements
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Advertisement162 1995-06-01 16 ADVERTISING MARKETING Tomorrow in Business Times BUG IS JUNCTION] For rhe first rime, all Trade Development Board offices are housed under one roof to provide the business community with one-stop integrated 111 MKg 3 j service. The move is part of TDB's continuous g J ill effort to better perform162 words
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Advertisement13 1995-06-01 16 I^dvertlslngT" I MARKETING Tomorrow in Business Times Mighty yen leaves bo room forthe-eek,P|ls13 words
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COMPANIES & MARKETS
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Article, Illustration471 1995-06-01 17 Michelle Low - Block was bought for $275 million just last month By Michelle Low SINGAPORE Wing Tai and City Developments will jointly sell their recently purchased Claymore condominium block within the next few days, a move that is expected to net them471 words
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306 1995-06-01 17 SINGAPORE Listed beverage group Yeo Hiap Seng (YHS) is repositioning itself to focus on the consumer boom in East Asia, said its chairman Wong Yip Yan, in the group's 1994 annual report. Mr Wong said the group is shifting from its earlier306 words
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Article, Illustration319 1995-06-01 17 SINGAPORE Speculative interest in OCBCs warrants has pushed the counted up 83 cents or almost 19 per cent over the past two days but brokers are wary of the logic that underpins the buying. The warrants, which expire next month, surged 41Source: Bloomberg - 319 words
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860 1995-06-01 17 Alvin Tay - HOCK LOCK SIEW By Alvin Tay SINGAPORE So, United Overseas Bank has finally cut its prime lending rate, reversing a 16'/j-month uptrend. The quar-ter-point cut in prime to 6 per cent, in itself, should not come as a surprise as Singapore dollar860 words
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Article, Illustration372 1995-06-01 17 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Lien Ying Chow's Overseas Union Enterprise has signed an agreement with a Chinese company to develop a hotel and residential project in the southern Chinese city of Shantou. The Singapore-listed hotel and property group said its372 words
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Article, Illustration50 1995-06-01 17 nm 'Market Mood' indicates the likely trading sentiment today, bated on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Credit Lyonnais Securities, Daiwa, Fraser, GK Goh, Kay Hian. Morgan GrenfeU, Ong Co, Nomura, Phillip, Smith New Court. W Can and SG Warburg.50 words
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Article, Illustration100 1995-06-01 17 Paul Leo - By Paul Leo STIC broke through resistance at $2.00 on strong volume to end at $2.05 yesterday 2.8 million shares hands compared to the 10-day average of 818,000 units. But investors are advised to be cautious as other »«-h«ifi factors are signalling a correction soon. Weekly Relative Strength100 words
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COMPANIES
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Article88 1995-06-01 18 SINGAPORE DBS Bank has announced that holders of its convertible preference shares (DBS CPS) have up to July 3 to pay the third instalment of 50 S cents a share. The payment is $500 for every 1,000 DBS CPS. DBS CPS were issued88 words
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Article145 1995-06-01 18 SINGAPORE Singapore Newspaper Services, a wholly-owned subsidiary of Singapore Press Holdings, has sold its 100 per cent shareholding in Singapore Newspaper Services (BQ Ltd (SNSBQ, a company incorporated in British Columbia, Canada, to Canadian company Avenor Inc for Cslo,ooo ($10,140). SNSBC has a fully paid-up capital145 words
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Article30 1995-06-01 18 SNGAPORE Yeo Hiap Seng (Malaysia) Bhd has appointed essrs Alexander Chan Meng Wah, Michael Yeo Chee Wee and Chan Kim Leong as its additional directors.30 words
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Article67 1995-06-01 18 SINGAPORE Sesdaq-listed Wepco has sold its entire holdings in subsidiaries RPS Asia Pacific and Wepco Marketing Services to the minority shareholder Telesignal Pte Ltd for $330,000. Wepco also acquired from RPS Asia Pacific a 65 per cent stake in Dataron Corporation Sdn Bhd for $407,500. The67 words
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292 1995-06-01 18 Bloomberg Business News BANGKOK Bangkok Land pic, developer of Thailand's largest residential complex, posted a consolidated fourthquarter net loss of 330 million baht (5518.6 million) after a profit of 761 million baht in the same period a year earlier.Bloomberg Business News - 292 words
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Article545 1995-06-01 18 Miaagiri' fhem Jun I a Greater Chun Fd 1.00 ff Mendaki Gr Fund 1.03 1 06(i SMPP«re unn inisi US Gr Fund 1.00 1.04* The Commerce 1.59 l.6lid aaM Iu The Savings Fund 1.54 1.63 WB ASSet Mgt Ltd S-pore Rrn« Fund 0.62 0.66 Unifiind 1.47 1.54 S-porc Sec Fund545 words
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473 1995-06-01 18 Loh Hui Yin - From Loh Hui Yin In BANGKOK DEMAND for Bank of Asia shares seemed to remain firm yesterday despite a report from Finance One that its proposed takeover of the bank had made "no significant developments". Finance One, Thailand's largest financial473 words
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283 1995-06-01 18 Claire Leow - By Claire Leow SINGAPORE Engineering and construction firm Rotary Engineering Ltd has redeployed its staff and streamlined its operations to focus on regional business opportunities. Chairman Chia Kim Piow said in the company's annual report that its services have been streamlined into three283 words
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Article, Illustration326 1995-06-01 18 Bloomberg Business News MANILA Jollibee Foods Corp, the dominant fast-food chain in the Philippines, said it has signed a joint venture with Delifrance Asia of Singapore to make French bread and pastry products. Jollibee said it will form a wholly-owned corporationBloomberg Business News - 326 words
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403 1995-06-01 18 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Thailand's finance and securities firm Krungthai Thanakit Public Co Ltd, which plans to launch its much delayed public offer in November, expects to earn 951 million baht (Sss4 million) this year. This is about 12403 words
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318 1995-06-01 18 1.8.95 N*****1V 1993 15/8# 1000 1/8 1/2 119 100 15# 0 74# 1.9.95 N*****0Z1990 5 3/8# 950 1/9 1/3 91 101.20# 0.61# 15.3.96 j N*****0F1991 5 650 15/3 15/9 77 103.20# 0.93# 1.7.96 N*****0W1994 31/4# 800 1/7 1/1 150 102.36#318 words
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Article, Illustration438 1995-06-01 19 S N Vasuki - By S N Vasuki SINGAPORE Lihir Gold Ltd, a joint venture that is developing a gold mine in Papua New Guinea, plans to raise US$45O million (*****.5 million) from an initial public offer in Australia in September. This amount, together with438 words
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409 1995-06-01 19 Reuter TOKYO Some Japanese investors are raising their weightings in US stocks and bonds as the dollar has regained some stability after its recent plunge against the yen, a survey of Japanese institutions found. In April, institutions surveyed cut US weightingsReuter - 409 words
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326 1995-06-01 19 SINGAPORE A subsidiary of America's Unocal Corporation has discovered a new geothermal energy source on the Indonesian island of Sumatra. Unocal Indonesia says tests on an exploration well in the Sarulla block, in northern Sumatra, produced enough geothermal energy to generate 12 megawatts326 words
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FINANCE & COMMODITIES
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341 1995-06-01 20 Paul Leo - By Paul Leo SINGAPORE Locally-in-corporated Asian Finance and investment Corporation (AFIC) has obtained a US$3OO million (Ss4l7 million) medi-um-term flexible bond note facility from 14 banks. The Asian Dragon Bond Medium Term Note Programme signed yesterday gives AFIC flexibility in terms341 words
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228 1995-06-01 20 Soh Tiang Keng - By Soh Tiang Keng SINGAPORE Indonesia's United Tractors has tapped US$l25 million ($174 million) from the Asian dollar Market its biggest fundraising exercise from Singapore's offshore market. The five-year syndicated loan was arranged by four Singapore-based Japanese ihinlrT DKB Merchant Bank (Singapore),228 words
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262 1995-06-01 20 Shiv Taneja - By Shiv Taneja SINGAPORE The world's biggest credit card vendors MasterCard and Visa yesterday announced hefty first quarter growth. MasterCard International said its credit and debit card business grew 25.6 per cent to U*****.5 billion (*****.5 billion) in the first three months, over262 words
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Article307 1995-06-01 20 It's the largest penalty imposed by UK's securities watchdog FT LONDON Morgan Stanley, the US investment bank, has been fined £240,000 (*****,800) by the UK's Securities and Futures Authority for breaches of financial services regulatory rules, the largest fine imposed by the self-regulatory body. The firmFT - 307 words
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Article294 1995-06-01 20 LONDON Oil futures declined in London and New York, led down by US petrol amid speculation the American Petroleum Institute would report later in the day supplies are rising. The petrol futures contract for June delivery in New York was sold heavily by traders ahead of last294 words
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Article177 1995-06-01 20 Reuter LONDON The dollar surged higher yesterday after concerted intervention by the US Federal Reserve, Germany's Bundesbank, the Bank of Japan and several European central banks. But economists said the dollar buying would have to be supported by policy moves for the US currency to maintain upwards momentum. TheReuter - 177 words
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Article101 1995-06-01 20 Bloomberg Business News NEW YORK The dollar surged against most major currencies after the Federal Reserve and many other central hanks bought dollars for deutsche marks and yen. The Federal Reserve Bank of New York started the buying shortly after B:3oam LIS Eastern time. The purchases pushed theBloomberg Business News - 101 words
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Article, Illustration1170 1995-06-01 20 Trade-weighted index catctdmed agonal S pore i up 14 trading partners Base year 19&5 US$/S$ forward rates Noon /May 31 ss M Oflar 1-month 1.3833 13*41 2-month 1.3710 1 3795 3-month IJ723 1.3731 iHBonth 1.3592 1.3612 Source: OCBC FOREIGN CURRENCY NOTE RATES At at 9m m May 31 Siagapore dollars1,170 words
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COMMODITIES & FUTURES
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Article1297 1995-06-01 21 Reuter SINGAPORE Simex Euroyen futures closed sharply higher and Eurodollars were unchanged in moderate trade. Dealers said Euroyen trading was dominated by arbitrageurs and speculators. An Asian futures dealer said sentiment was still very bullish. "You just can't sell this market. But prices are really quiteReuter - 1,297 words
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Article585 1995-06-01 21 COMMODITY REPORTS Rubber Singapore: Rubber futures prices advanced yesterday on speculative buying in line with the trend-setting Japanese market, dealers said. Prices of each of the three grades traded were up about two cents over Tuesday, a dealer said. July RSS 1 traded at 222585 words
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83 1995-06-01 21 HONGKONG Chinese buyers again entered the corn market in the past two weeks, purchasing between 400,000 and 450,000 tonnes of US corn for nearby shipment. The active buying was prompted by high domestic prices in China that show no signs of weakening, despite the83 words
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48 1995-06-01 21 BRUSSELS Hydro Aluminum, a Belgian subsidiary of Norsk Hydro, is to invest 60 million francs (552.9 million) to boost its aluminium production by 10,000 tonnes a year, Belgian newspaper L'Echo reported yesterday. It said the aluminium will be used for vehicle air-conditioning units.48 words
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Article90 1995-06-01 21 NEW DELHI The government's grain stocks were bulging at 29.05 million tonnes as of May 1, versus some 25 million a year earlier. The United News of India news agency quoted Food Minister Ajit Singh as telling parliament on Tuesday that state-run buying agencies usually buy90 words
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84 1995-06-01 21 BEUING The State Planning Commission said on Tuesday the purchase price of cotton will be raised this year to encourage production, the Journal of Commerce reported. From Sep 1, the price of first-grade lint will be raised to 700 yuan (SSI 16.48) per84 words
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Article1404 1995-06-01 21 SICOM Futures May 31 Ruhher i i... ruyiKW iFICW (fatarM ctostag m at 5.3tp«) Bsyws Scflw ASS1 Contract (S cents/kg) As at 12 mm (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest RSS 2 Jun 95 229.23 230.25N I 229!00 1 RSS 3 Jun 951,404 words
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REGIONAL STOCK MARKETS
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Article932 1995-06-01 22 -1.5 Australian shares largely ignored moderating economic growth data and closed just 0.1 per cent lower in lacklustre and directionless trade. "It was pretty quiet today but that was to be expected without any strong lead from overseas," said Hamish Bonifant, broker with Lance Jones brokerage house. The Australian932 words
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Article576 1995-06-01 22 +9.07 The Philippine equities market closed slightly higher as share prices drifted within a narrow range, brokers said. "We are still in a consolidation phase with blue chips performing mixed," Roily Pineda of Tower Securities said. The 30-share Composite Index climbed 9.06 points or 0.33 per cent to close576 words
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Article528 1995-06-01 22 +27.4S Taiwan share prices closed 0.48 per cent higher yesterday amid improved market sentiment, propped up mainly by good performances of banking and insurance shares. "Expectations that parliament will not soon finish the third reading of a bill on resumption of a 0.3 per cent capital gain tax on528 words
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Article419 1995-06-01 22 +0.7 South Korean stock prices moved up marginally to close 0.08 per cent higher, as a wait-and-see attitude permeated the bourse. "The overall market mood seemed careful, with both bargain hunters and profit takers waiting for better opportunities," said Chang Woo Jin with Samsung Securities Co. "The market was419 words
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Article265 1995-06-01 22 -0.86 New Zealand shares surrendered their early gains to close little-changed on moderate volume. The NZSE-40 Capital Index ended 0.86 points lower at 2,103.29, having touched a high for the day of 2,113.74. Telecom, after an early 10 cent rise, handed back half its gains to close at265 words
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Article109 1995-06-01 22 +72.41 Indian stocks rallied as investors interpreted a strong earnings report from truck maker Tata Engineering and Locomotive Co Ltd (Telco) as evidence the Indian economy is doing well. "It was much more than everybody was expecting," said Suresh Kamath, an analyst with DSP Financial Consultants. "The Telco results109 words
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WORLD STOCK MARKETS
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Article640 1995-06-01 22 +9.5 UK stocks closed mostly higher as the dollar jumped following central bank buying of the currency and US stocks broke free from an early decline. HSBC Holdings pic led the advance, up 19 pence at 828 pence amid hopes the dollar's bounce will underpin further gains in Hongkong,640 words
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Article110 1995-06-01 22 +20.65 French shares closed markedly higher after a sprint near the finish, lifted by the expiration of May futures and rises at Alcatel and Total The CAC-40 Index was up 20.65, or 1.07 per cent, at 1,947.95. Of CAC-40 stocks, 28 were higher and 12 lower. Volume was 6.02110 words
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Article174 1995-06-01 22 +10.71 German stocks rose in late trading, as the dollar's rally set off fresh interest in ex-port-driven shares. The DAX Ibis Index of 30 leading stocks rose 18.49 points to close the postbourse trading session at 2,099.95, with insurer Allianz AG Holding leading the advance. The Dax Index closed174 words
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Article144 1995-06-01 22 -0.23 pc The collapse of Ericsson's share price weighed down the Stockholm bourse. Low interest rates, though providing some stability during morning trading, failed to support the bourse in the afternoon. The OMX Index was down 0.23 per cent to 1,242.07 at the close. Ericsson lost 24 crowns, over144 words
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Article246 1995-06-01 22 +6.2 Swiss shares ended a volatile day higher. Dealers said early gains were erased by profit-taking. A second round of gains, after lower-than-expected US GDP, data ran out of steam on a lack of follow-through buying. The broad SPI Index was up 1.94 points to 1,817.73. The blue-chip SMI246 words
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Article272 1995-06-01 22 +2.99 Dutch shares sputtered back to life in late afternoon business to finish higher in response to concerted central bank intervention to support the dollar, after spending most of the day travelling sideways. The US currency started out at 1.5585 guilders yesterday morning and by late afternoon stood at272 words
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Article167 1995-06-01 22 +6.22 Belgian shares rose after a US report showing slower-than-expected economic growth kept alive hopes of lower interest rates in Europe. The Bel 20 Index of leading shares closed up 6.22 index points at 1,454.28, its highest level since May 18. Holding companies led the rise. Stocks were also167 words
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Article317 1995-06-01 22 +2.9 Shares ended a slow day mostly easier as industrials continued their struggle for clear direction ana golds drifted off with bunion, dealers said. They said an early Wall Street dip had pared industrial gains after a listless London market added to local uncertainty. The Overall Index was 10.7317 words
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Article236 1995-06-01 22 -6.63 Stocks eased in sluggish early trading depressed by moderate profit-taking in most sectors, traders said. The TSE 300 Composite Index fell 6.63 points to 4,430.16 in turnover of 12.8 million shares valued at CslsB million. Declining stocks squeezed out advances 207 to 176. Losses in consumer products, golds,236 words
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Article698 1995-06-01 22 +21.44 US stocks turned higher, as food and drug shares rallied amid more signs of a slowing economy and semiconductor stocks began to recover from Tuesday's 5 per cent slump. The Dow Jones Industrial Average was up as much as 21.44 at 4,400.12, after opening down as much698 words
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Article654 1995-06-01 22 Britannia Funds Steriiag Cadi BM Oder Mim Cap Depowl 3t 6400 31 6500 Mtm Jene> GiST. 0.1193 0.1992 Mim Mil Income 0.<w00 ***** US$ Cask Income Phn Fund 10.5100 *****0 PS Reacrvc Fund 5 4MO 5 4900 isssss .0.4592 0 4931 Fir Em Find *2.7650 *2.9730 Man Portfolio I 9190654 words
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Article, Illustration2580 1995-06-01 23 Bloomberg Business News HONGKONG Stocks surged to their highest levels in more than six months, led by interest rate-sensitive banking stocks. Investors were following the US bond market's lead in anticipating stable or lower interest rates that help company earnings. HSBC Holdings pic and Hang Seng Bank both hitBloomberg Business News; Source: Bridge Info - 2,580 words
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Article, Illustration569 1995-06-01 23 CLSA TURNOVER in Hongkong dried to HK535.3 million, as the H shares edged just 0.4 per cent higher. With the market short on positive news, investors are returning to the sidelines, focusing their activities on a tew selective counters. Trading was concentrated in petrochemical stocks, with Shanghai Petrochem accountingCLSA - 569 words
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Article, Illustration2478 1995-06-01 23 Bloomberg Business News TOKYO The benchmark Nikkei 22 5 stock average plunged more than 2 per cent to its lowest level in eight weeks amid growing concern that Japan's economy will slip back into recession. "The market's basically under pressure because of revived fears about the economy" said NickBloomberg Business News; Source: Bridge Info - 2,478 words
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Article, Illustration1512 1995-06-01 23 Bloomberg Business News BANGKOK Stocks rose for the first time in four days as major issues rallied on bet-ter-than-expected results by Siam Cement pic and a belief that interest rates are at or near their peak, analysts said. "Money has come pouring into our market from abroad," said SatitBloomberg Business News; Source: Bridge Info - 1,512 words
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Article2296 1995-06-01 24 Gr Gr IMS Last Vol Day Last Quoit Dfr Dh YU Net MC« H%k Low Caapaay Stk COM) Hi(h Low Bayer Setter Cw P/E tail MALAYSIAN STOCKS 47* 196 m MSB JOc 360 unch 430 366 354 358 360 3-0 -2.9 0.2 36.9 127 77.5 m AMDS 50c2,296 words
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STOCK EXCHANGE OF SINGAPORE
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Article8246 1995-06-01 25 19*9 Lad V*1 Day Last Qm DIv Db VM Net Cap Aig High Law Ceapaay Sab CM*) H%k Law Bayer Seller Or P'E M Prk* INDUSTRIAL AND ftflfWMCBCIAL 4(2 K ill Aetna 30c 436 cd +18 314 4M 420 4)4 436 22.5 2.6 9.1 (01.0 411 430 430 I I8,246 words
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Article, Illustration1813 1995-06-01 26 R Sivanithy - R Sivanithy SINGAPORE Further evidence of a slowdown in the US economy and growing hopes that US interest rates have peaked helped local stocks turn in a decent performance yesterday despite the closure of the Malaysian market for the Muslim new year. InstitutionalCharts by Bridge Info; Source: Bloomberg - 1,813 words
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Advertisement207 1995-06-01 17 NEWS VALUE 1108 cats print to rivals expected to Mto* salt (pg I) Encouraging news for the stock market. But don't count on any sharp movement. |n 112 iii Qtr growth Mort Abrvpt ttHS txptc* tod (pg 1) Will further diminish likelihood of a US rate hike. Wtag Tai, CttyDev207 words
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Advertisement276 1995-06-01 18 Fine Wine Facts (Shateait/ (S/teoal 95/ano Cheval Blanc has earned the unstinting respect of admirers throughout the world. Wine connoisseurs and collectors ensure that it holds its position amongst the nine top growths of Bordeaux, and this prestigious reputation is echoed by the prices attained by its old vintages in276 words
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Advertisement26 1995-06-01 18 For Home or Office deliveries of: Straits Times, Sunday Times, Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, UanHe Wanßao call our Hotline 1800-749-2577.26 words
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Advertisement418 1995-06-01 18 st, 0 1 Shangri-La hotel LIMITED I (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Fourth Annual General Meeting of Shangri-La Hotel Limited wtN be held In the Orchid Room. Tower Wing, Mezzanine Floor, Shangri-La Hotel, 22 Orange Grove Road, Singapore 1025 on Saturday,418 words
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Advertisement566 1995-06-01 19 ANNOUNCEMENT The Stock Exchange of Singapore Limited takes no reponsiblility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of566 words
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Page 20 Advertisements
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Advertisement139 1995-06-01 20 ti Here is our latest move towards better service. I b I ftf I National Australia Bank Asia is proud to announce and representative offices in Bangkok, Beijing, the opening of its new offices at Jakarta, Kuala Lumpur and New Delhi Our staff is m dedicated to providing customers with139 words
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Advertisement117 1995-06-01 21 II TQTS The only global magazine specialising in financial risk I IV management through derivatives ENERGYThe I irsl monthly journal to concentrate exclusively on risk management in the energy industry. §AI quarterly publication focusing on derivatives based HEEIT asset/liability management. Ed!ISMS MUmETS The only magazine to cover all emerging markets117 words
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Advertisement21 1995-06-01 21 *1 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.21 words
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Page 22 Advertisements
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Advertisement34 1995-06-01 22 Piaget. True values never change. Piaget Boutique and Service Centre: *01-01 Mandarin Shopping Arcade, Hr The Mandarin Singapore, 333 Orchard Road, Singapore 0923JOAILUER EN HORLOGERIE DEPUISIB74 GENivE The Milan market report was not available34 words
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Page 23 Advertisements
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Advertisement35 1995-06-01 23 ;JBr iMJJF* 1 I i L J #The Jakarta stock market was closed yesterday for a public holiday Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. Business Times I35 words
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Page 24 Advertisements
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Advertisement1168 1995-06-01 24 The Kuala Lumpur Stock Exchange was closed yesterday for a holiday UNITED PULP ft PAPER COMPANY LIMITED Imorporatod In th• RtpvblU of Singapore) II NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Eighth Annual General Meeting of the United Pulp Paper Company Limited will be held at1,168 words
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Advertisement875 1995-06-01 24 THE BANK OF NEW YORK COMPANY, INC. Head Office: 48 Wall Street, New York, NY *****, U.S.A Singapore Branch: 10 Collyer Quay, #14-02/03 Ocean Building, Singapore 0104 Consolidated Balance Sheets Consolidated Statement* of Income December 31 1994 1993 December 31 1994 1993 Assets Interest Income Cash and Due from Bnks875 words
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Page 25 Advertisements
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Advertisement38 1995-06-01 25 A Timely Investment. •HER M£ S soi«Ao®ot: DICKSON WATCH JEWELLERY (S) PTE LTD Jg M IA wholly c«™d subwiary of OCKSON CONCEPTS (INTERNATIONAL) UMfTH) I 'w. PARIS Ay**** WCKSON WATCH JEWELLERY: Also available at all leading authorised dealers.38 words
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Page 26 Advertisements
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Advertisement333 1995-06-01 26 i,m Candid views from people in the news.Conversations At Raffles.Every Other Saturday. SINGAPORE f Business Times WE KNOW ASIA CHAPTER 50 lEcnow MDTCSOP—boumiom wwwmiV 11 VOLUNTARY UQUDATON) At an Extraontrary Omni Mulng of nulitii Qedeflui Smrvic* Pte Ltd tok* at 1 jo joo bang homo, ongapore *****n f*22nd day ofMay333 words
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Advertisement271 1995-06-01 26 »> UO Ml Ml LM LWJ MryFan* Ml O.M O.M 1M tor LM LM U7 Putotafied by Jardme Homing international Securities United (Incorporated in Bnbsft Wgn Wand) la The Matter af The Cmpmea Act, Cap. 59 Aad In The Matter Of ALFA ONE COMPUTES PTE LTD NOTICE IS HEREBY GIVEN271 words
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SHIPPING TIMES
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528 1995-06-01 27 Alec Almazan - By Alec Almazan SINGAPORE Nine major shipping lines trading between Asia and the US will raise its currency and fuel surcharges on July 1 for key Asian ports. In a statement from San Francisco, the Transpacific Westbound Rate Agreement (TWRA) said member lines528 words
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Article, Illustration169 1995-06-01 27 AP FALMOUTH, England Coast Guards said yesterday that two crew missing after the world's oldest active square-rigged sailing ship was wrecked off south-west England on Tuesday are believed drowned, bringing the total death toll to three. The wooden ship, the Maria Assumpta, ranAP; Reuter - 169 words
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292 1995-06-01 27 BANGKOK More freight forwarding agents are offering multimodal transport service (MTO), especially now that the business is feeling the effect of fierce industry competition, said Suwit Ratanachinda, managing director of Profreight International Co. The United Nations Convention on International Multimodal Transport of Goods defines MTO292 words
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Article333 1995-06-01 27 SES '000 Mar 31 SS Vol CWT Distribution L 1.57 -0.02 28 CWT Distribution A 1.51 Chuan Hup Holdings 1.19 +0.01 93 Cosco Investment S 1.72 Cosco Investment A 1.61 -0.01 5 Far East Levingsto 6.65 +0.05 2 GB Holdings Ltd 0.78 Hai Sun Hup Group 0.79 -0.04333 words
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278 1995-06-01 27 SINGAPORE The Port of Singapore Authority (PSA) has reorganised some of its key senior management positions to maintain its competitive edge and enhance customer service levels. Among the main changes, which took effect from May 1, Goon Kok Loon has been redesignated278 words
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Article214 1995-06-01 27 Reuter PERTH Port workers in Western Australia have begun an indefinite strike over the use of non-union labour on the Fremantle waterfront, union officials said yesterday. The workers, members of the Maritime Union of Australia (MUA), held a three daystrike last week which stranded aboutReuter - 214 words
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167 1995-06-01 27 Reuter LONDON British Aerospace pic reopened its battle with General Electric Co pic for control of VSEL pic, offering 3.3 of its own shares for each VSEL share in an offer valuing the UK submarine maker at £678 million (SSI.S billion). BAe is also offeringReuter - 167 words
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Article85 1995-06-01 27 Burmeister Wain to sell fleet Bloomberg Business News COPENHAGEN Burmeister Wain Holding A/S, a Danish shipbuilding and shipping company, agreed to sell its 70 per cent stake in Burwain Tankers International A/S to Norway's Tschudi Eitzen. The sale for an undisclosed sum was announced at a shareholders meeting on Tuesday.Bloomberg Business News - 85 words
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606 1995-06-01 27 Alan Boyd - From Alan Boyd in BANGKOK THAILAND'S caretaker government is ready to give the green light for the partial privatisation of an ailing stateowned shipping firm, after earlier blocking the sale because the buyer had Singaporean shareholders. Bara International Shipping Line (BIS)606 words
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358 1995-06-01 27 Bernama KUALA LUMPUR A recent media tour organised by the Container Hauliers Association of Malaysia (Cham) to the country's three biggest ports revealed several shortcomings in Malaysia's haulage system. The trips to Port Klang, Penang and Pasir Gudang showed that the mainBernama - 358 words
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Article, Illustration1045 1995-06-01 28 Petros Aivatzidis - It has been another good year for Greek shipping and the Greek-controlled fleet is still the world's biggest in terms of tonnage but there is cut-throat competition, reports Petros Aivatzidis Petros Aivatzidis Fairplay Greek shipping and the national economy have traditionally followed diametrically opposite courses.Fairplay - 1,045 words
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310 1995-06-01 28 •ANL 3 Able 7 Accord 10 •Ahlers 6 •Ahrenkiel 4 •Appenship 4 Astro 10 Austral 11 Avant 6 BSA II Batamindo 7 •CCNI 4 •CM A II •COSCO 7 •CSAV 3 Centenary 7 Central Ex 11 Chahaya 2 •Cho Yang 5 Contipac 10310 words
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9795 1995-06-01 34 rhis guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore fbHawfcdby the ETA at the destitution. 1 The page number refers to the location of the schedule advertisement S tear* ana VMaai **w 1 A WW MM MOL9,795 words
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SHIPS IN PORT
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Article1384 1995-06-01 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Rtcwd BooUig/Baiance RtXi S*p Voy Wo Ett/Btr Hhti ftm T> Frwn Aa Jade 2406 02/1100 2B 31/1700 01/0659 01/0900 3 01/0700 01/1159 01/1400 4 01/1200 01/1459 01/1700 Ac* Lotus 065B 02/2359 IB 31/1500 31/1659 31/1900 3 01/0700 01/1159 01/1400 41,384 words
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Article532 1995-06-01 39 fey Ml Berth Arrival Departure m Slmaitat ■Batam Bahama 05/06/96 J1 alongside 0106/2300 £&*fiuna 05/04/95 J9 alongside 01.06/2300 «Ful Wealth 1 J10 alongside 01.06/2300 *Mv»«hruNo75 J6 atongs.de 01.06/1700 "Lady Emly SM956 J8 alongside 01.06/1800 djrco Poio 6/B 02/95 J6 alongside 0106/2300 *Sacute l/B 05/01/95 J2/3 alongside 01.06/2300532 words
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Article850 1995-06-01 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 individual850 words
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Air & Land Transport News
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481 1995-06-01 40 Reuter MANILA Liberalisation of the Philippines domestic air routes is expected to bring further fare cuts and boost local tourism. Since the Philippines declared an open skies policy on domestic routes in 1986 a host of airlines have taken toReuter - 481 words
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291 1995-06-01 40 AFP TOKYO Japan's Toyota Motor and Mitsubishi Motors would reduce output of their respective luxury cars this month due to lower-than-ex-pected sales in the United States, the companies said on Tuesday. Toyota will reduce combined production of its five Lexus modelsAFP - 291 words
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288 1995-06-01 40 Reuter DUBAI Two US aircraft makers and Saudi Arabia's national airline Saudia are reviewing technical details and ways of financing a longawaited deal worth up to US$B billion (SSI 1.1 billion), diplomats said on Tuesday. Negotiating teams from Boeing CoReuter - 288 words
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194 1995-06-01 40 Reuter PARIS Aircraft makers, suppliers and government officials meet soon at the 41st Paris Air Show this month, and observers say costs and competition are likely to be the watchwords. As if to underline the permanent crisis facing the aerospace and defenceReuter - 194 words
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Article, Illustration46 1995-06-01 40 IN-Press SINGAPORE The concept of the 'Family Car China' developed by Mercedes-Benz in Germany is thrifty and versatile. The five-door basic version offers seats for seven passengers in its limousine configuration but can also be used as a transporter. IN-PressIN-Press - 46 words
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Article93 1995-06-01 40 AP LONDON Aircraft engineer Archibald Russell, who as joint chairman of the Concorde Committee of Directors in the 1960s played a leading role in developing the Concorde, the world's first supersonic jetliner, has died. He was 90. He died of pneumonia at his home in Hayle inAP - 93 words
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407 1995-06-01 40 MBT KUALA LUMPUR Foreign airlines operating to Japan have been giving discounts to Japanese travellers in their bid to capture the market. "They can afford to do so, as the revenue they earn is about the same after converting it into their respectiveMBT - 407 words
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Article72 1995-06-01 40 SINGAPORE Emery Woridwide's air freight operations in Hongkong have received ISO 9002 certification from Lloyd's Register Quality Assurance. In a recent statement, the company said Hongkong joins Singapore and European divisions like UK and Netherlands in winning this assurance certification. Based in Palo Alto,72 words
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Article75 1995-06-01 40 Reuter BEIJING International transport giant United Parcel Service will expand its business in China by establishing joint ventures with the Sinotrans Group, the firms said in a statement. UPS and Sinotrans have signed a memorandum of understanding to expand their business beyond the 67 Chinese citiesReuter - 75 words
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73 1995-06-01 40 Reuter KUALA LUMPUR A Royal Malaysian Air Force Northrop F-5E jetfighter crashed into the sea and the pilot was reported missing, the national news agency Bernama said yesterday. The fighter was on a routine training flight on Tuesday night when it crashed aboutReuter - 73 words
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Article78 1995-06-01 40 Reuter ZHUHAI China's busiest flight school, the Zhuhai Flight Training Centre operated by China Southern Airlines, will start training pilots to fly Boeing 777s in October, said the centre's vice-director He Lida. A 8777 training simulator is due to arrive in September. The US$54Reuter - 78 words
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87 1995-06-01 40 Reuter SAN FRANCISCO An American Airlines jetliner bound for Chicago turned around and returned to San Francisco airport on Tuesday after a passenger noticed a hole in the left wing. According to an airport spokesman, the passenger noticed the hole, which was "aReuter - 87 words
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234 1995-06-01 40 Reuter AMSTERDAM Pilots at KLM Royal Dutch Airlines NV on Tuesday staged their first strike since 1958, disrupting 53 flights from Amsterdam's Schiphol airport afler last-ditch talks failed late on Monday. The six-hour stoppage was due to end at 1400 GMT butReuter - 234 words
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Article1425 1995-06-01 40 AIRCRAFT ARRIVALS DEPARTURES a* ro no n» Ma HUM GA965 1105 GF147 1850 GF146 1145 SQ441 1505 GA883 1520 GA975 1535 MMaM* QF81 1930 QF82 2055 SQ228 2055 tortrtw SQ25 0650 KL838 2300 KLB37 1450 SQ26 2355 GA975 1535 Mm* SQ347 0655 HilWMi SQ286 2040 SQ288 2045 ■afcnM GF148 09101,425 words
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Page 27 Advertisements
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Advertisement8 1995-06-01 27 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times8 words
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Advertisement159 1995-06-01 27 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times Greek shipping catches rising wave: Page 2 Fares likely to fall as more Philippine airlines take off: Back Page NOTICE TO SHIPPERS EMERGENCY CURRENCY ADJUSTMENT FACTOR FOR FAR EAST/EAST AFRICA TRADE This is to announce that undermentioned major carriers in the Far159 words
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Page 28 Advertisements
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Advertisement1192 1995-06-01 28 ffe rj it7irvi^HßHiH^^^KsfiiiZu2ui!i!LM2uLlli!iu^^^^^^^^^^UlMlilllMiS^^Hi£Aifi£lZ^ i llk M>f 'II I■ 1 1 f IPliiMinil>lfil 1 ■'iiKiiHi i iiiililili liFll liT Til flfllli'll Ul l i^BI ffl—MEfl l~ OTHER DCBTINA TtONS I I NORTH AMERICA I -i i I I wna wr mm u m dm. howtw ok m hgoco i—. [m ls1,192 words
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Advertisement246 1995-06-01 28 Lines and Mrvicei represented by Members of bit Registry of Accredited Jlglt Shipping Agents, Singapore National vaEZmJ) Shipping Aaoodation. For advertising enquiries, contact Stopping Times. Tel 740-2089 1 m port Vggm- SHOTS j The latest in sea, air and Vland transportation Shipping Times Monday to Friday CENTAURUS 3CVS 3* AMAMUMMm246 words
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Page 29 Advertisements
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Advertisement933 1995-06-01 29 ifeTTv FOON6 SUN «1 SHIPPING (PTE) LTD WHOLESALE CENTRE. BLOCK 1, #03-10 SINGAPORE OSII >TtLi *****55 (12 LINKS) FAX: *****16/*****25 TUX: *****20/***** FMMIP VESSEL VOY ETA ETO DESTINATION UINRAY 1/96 31 51 PLAJU/PALEMBANG NEE MAX 1 7/96 61 l/l PONTIANAK6INTETE GULF SULTAN 216 6/6 61 6ENGKULU/PAOANG SUN FLORA 8/96 3/6933 words
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Advertisement1315 1995-06-01 29 Ivtgtt WY SMtU/D I UK I QAM lOM 06MA01 NOU NK NO! BM MOMIWMMWONMI «7A 61/16/12/16 16/66 26/16 21/66 22/06 23/06 23/06 25/06 27/16 MUBAWB WB6 66A 60/06 /5*6 546~ 27/66 ~3M6~ 20/16 36/66 36/16 >2/67 04/07 WOK HUDSON OPTO »4A 15/04 /MM 02/67 04/07 66/07 66/67 67/67 07/07 00/171,315 words
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Advertisement847 1995-06-01 29 HANJIN SHIPPING BOOKINGS TEL: *****36-237 OPERATION TEL: *****41-253 SALES 326 230 233 DOCUMENT TEL: *****71-276 S22 L LOWiKjniur Mrrf" 1 Si SS M UNEHAUL UN Ui NTC 225? 2! 22 2 hmumkummiibe M HKOBEMBE *7 7/7 *7 1U In "WBMORUWWI M MASIA622E in Wl IV7 mSc ma ,*J JJL .VI847 words
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Page 30 Advertisements
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Advertisement1189 1995-06-01 30 resa w m rm im im sm mba* sm ws uo no ok mc :JsE~wriMl n/5 ZZZ iys Z~Z IMZ JtfA 4Q/4H IVS n/5 10/5 17/5 14/5 Vt v* I, !4!L-11/L KmKXBBOTBS w"iw" m ~m~ */> =—HZ 3SZ ZHZ 818 11/4W 20/5 11/5 M/ 5 23/5 11/* 11/* 'V* M--M1,189 words
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Advertisement1265 1995-06-01 30 I NORASBTI VSL/VOY 8M ALQ LAS BCLVALHAN^M!^|!O^>U!^^FE^^UE^| MM MALTA MM-J Ml TIM IMI OM 24M ZMI ZMI 2MI Z7« Z7M ZMI morhelhs-s rm nmnmwnnnnntaMinmumummm] tLFWOESZSW IMI MB7 MB7 0787 MB7 MB7 MB7 IM7 IM7 1W 1t«I SL VAUJIS24W ZIM IM7 OM7 IM7 11*7 IM7 IBM IM7 17M 17*7 IM7 SEA1,265 words
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Advertisement589 1995-06-01 30 JAPAN/HONQKONQ/STRAfTS REGULAR SERVICE LOADING FOR PORT KLANG/PENANG. j ~vciia vor ro« pbuoam 75 TpS PAKARTISAMWLAN 1 110 «U) ~H |> KAILEN M MPT MAW Mfg I uvmi mjun mjun mum 1 APOLLO SATU 1 K JON t7 JUN o i ORICNTVENTURE 17 M JUN "I I COMTTY t« MJUN mJUK589 words
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Page 31 Advertisements
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Advertisement985 1995-06-01 31 Sfwt STRAITS SHIPPING PTE LTD mamrn 11 Km Ctatafl Iteatf #11-91 la** XHiff tm Trt: OMTM F«: *****7 rSSSnYHon'"' 55 SJTu?* m-mam mam Sam w>,<a 6——mmmmmmmmrmmmmwrjiujuwiwt MMHmIAB $H»Jm I7JMNJM nM»MCf VOW CJNARAM-22 WMlRK.ta.tt> IMIAm ttJM* MAM M BMntNQK MRMf IMM. LM, IK U-14JW* HJMH I«JHM OMTUVNI U.M MMM.FMmm*IM,MMM.mm. tmmmnm wmmanta985 words
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Advertisement1982 1995-06-01 31 PAO Containers (Singapore Agencies) Pte Ltd fr TT VilfE* 1 1Q Hoc Ckiaag Road, M7-#l Keapel Towers, Singapore 0208 Class Connections WORLDWIDE Tel: 225 2233. Tete* rs *****7n0c5p f«c 215 5327/222 7517 CR Number *****9 *****Z bypqjlT IMMfITT 5 2 VMM. ¥0* MPW W SOU AWT HOT NAM OOT WW1,982 words
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Page 32 Advertisements
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Advertisement934 1995-06-01 32 [?ls s ss: i mot M-Mt sr s s sr «RH ISMI m JM V 7 W lIWIIW MJ 1W JM RACER RW-OM 17* 7/7 V 7 11/7 #7 It/7 E. BWOE RE-SS4 M* Hi M Ml tMMTMMM 14* 14/7 *fl 11/7 1«/7 IW7 I. QLEAMYRE RE-BM IM 1* MS934 words
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Advertisement580 1995-06-01 32 skst sss is P,^,AMOU^ H IS "s I un corona mUm MM MM mm am vm vm vm m UHOMMMO MO-TOW MM M 7 MM M 7 IM7 mmwr* m itw" iw" 1 B cnjrwnm owSS om mm mm 85 I ««a m mp mvd m pwno M S3** 1580 words
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Advertisement359 1995-06-01 32 MCHMLDMARMIAaMCai WFTILTD UTL; *****3S (12 UNU) m FAX: *****16/*****09 BIUXiMMNMHPPUMI CR NO; **********08 ACCEPTING FCL AND CONVENTIONAL WMM< ita |L—wjjpir 1 BSCS I 08AJ7 Mbyot 41 WW IMS FULLY CONTAINERISED REGULAR LTVFJt SERVICE ACCEPTING BOTH PCIVLCL ALSO BOSOC KXrOKTTOi MAimrRVS AKD (ASTttOVni ATIIC* r v tmmt I tty |waw|r.fN|QaNaa IJi359 words
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Page 33 Advertisements
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Advertisement2114 1995-06-01 33 EUROPE SXHttSS ROTI^DMCI tn«i»tfi i iiwfK *iwn w (t—tni)- fflim $ilmonttKt: jgg **f* cSFMSHippmePTtLTD E3SS&BF fZXZ.VZIX e H l 4 ZZ. u e ZXZJ2r%.>« MMKi W riMff c«M.- nwSSmm ScSBS m**nt«-Cmw KIMrfCM JOHOMOfFKt fn: MM NrHWM W UTKO. at-m$4M X COSTM HtHCKS (HI to* me M. 17-MMlse/Is7 tat. I 72,114 words
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Advertisement580 1995-06-01 33 (j£ FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 y HOT LIME: *****33 (30 LINES) GOTHEHBURG/SCAH 05/06 ROTTERDAM 05/0611 AARHUS/COPEHHAGEH 05/06 HAMBURG/BREMEN 03/06 MARSEILLE/FRANCE 06/06 FEUXSTOWE/UK 03/06 BARCELONA/SPAIN 09/06 LEHAVRE/FRANCE 05/06 GENOA/ITALY 03/06 ANTWERP/BELGIUM 02/0611 LOS ANGB-ES/WC/IPI 01/06 SYDNEY/MELBOURNE 01/06 NEW YORK/EC 02/06 FREMANTLE/ADELAIDE 05/06 VANCOUVER 02/06 BRISBANE 01/06580 words
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Page 36 Advertisements
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Advertisement989 1995-06-01 36 mm i hm VtMtL VOV SIN JKT Vtlltl WY «N WN l-rzr. BHATRA BMOM 818 ~frt 2/6 Moo V 6 BUNQA SERQJA 8081 Thu |toPt~ 8t vT~ I—*Eh 52 WANABHUM 2788 ~5« ZT BUNQA SEROJA 8088 Tn» jg Thu 8/6 V ANTRA BHUM 87N Thu tofT Son 4/8 j VMtABHUMI989 words
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Advertisement737 1995-06-01 36 79 ANSON ROAD, #11-01, SINGAPORE 0207 TEL: *****02 FAX: *****67 CR **********CN >uir rw 3 TWAyT wHvwi PORT KLAMO PENANQ ¥or w m vara nor' l a pa EAGLE BREEZE 20tA 016 THU 036 SAT LHOTSE 5032 Q26FRI 046 SUN '< gg|g JSDUBJfiIA mm? WSW ommb LAUREL 393N CH6 SUN737 words
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Page 37 Advertisements
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Advertisement641 1995-06-01 37 i BSA jl 1 «Kl|H9BffVß|9lBl l flD^^V C L MYANMA n& FIVE STAR LINE (Myanmar National Lino) Loading for Yangon (Rangoon) S par* F.Ug PEN P Gd C MAWLAMYM6 V99W IN FT PAGAN V22OW 31/05 MYOMAYWA VIS6W 15/06 MALAYSIA AGENTS: BOUSTEAO SHIPPING AGENCIES KUL: TEL 12-83-*****40 PKL TIL 02-03-*****01 PW:641 words
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Advertisement1085 1995-06-01 37 ADVANCE CONTAINER LINES (PTE) LTD —A 140 Cad Straat, #12-00, PIL BuNdlng, Singapore 0106 II 1,1 TEL: *****21, FAX *****19, TELEX :RS ***** ACLPt SSSSSS^ CR NO. 10S38S*****E i il~ jaka>ta 3 vm *?s?2£3s£ZlS """-rr 11 v<w [ff| iwff I mm mml voy am mt mm KOUtAMAt BBBIM Imm |ww|1,085 words
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Advertisement824 1995-06-01 37 Ivesb&s vov "Si"* le howe Hamburg thaxeb rottbroam <nhiw VBJ.EOECARMA CO9W 08/06 27/08 aMX 3M» 01/07 "OXO7 VUtOMMITTO WW 13/06 OW7 0M77 08/07 08*07 K*o7 Vi-ED 1 AOUftA AO6W 2006 11/07 1307 16/07 IWO7 17/07 WLE D'WYDRA HOOSV 2706 18/07 2007 wot WOT 34/07 ALSO ACCEPTING CARGO TO ALL U.824 words
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Page 38 Advertisements
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Advertisement627 1995-06-01 38 i M wmmmmm k AFGHANISTAN MAM Afghanistan Ltd., ■kJH Hairatan, Torghundi, Isiamqala (Doqharun) vICXIWI C.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku, Dushanbe, I HMlhrni A Miinrh Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, luCjljk il. i c rfinro Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny Utaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO627 words
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Advertisement510 1995-06-01 38 4&K.FREIGHT LINKS EXPRESS 62 Toh Guan Road, FREIGHT LINKS EXPRESS DISTRIPARK, OQO Complex I, Ground Floor, Singapore 2260 jiß TEL: *****66 (40 Linea), *****68, *****77 Jy CONSOLIDATION, DISTRIBUTION/WAREHOUSING, PACKING, REMOVALS TRANSPORTATION, EXHIBITION LOGISTICS PROJECT FORWARDING ETD: 82/ v ETD: m/b ETD• m PORT KELAN6 ETD: M/l 06/8 penang ETD:m/% BANGKOK510 words
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Advertisement540 1995-06-01 38 STRAITS/JAP AM/STRAITS SERVICE vlu MULTI-PURPOSE A RORO CARRIER SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TOMS RAMP CAPACITY UPTO 50 TONS •»< [5 Ini 10A6616KM T1 ypsa mm n 1 V* SMU6AYA 4/4 OMIWS«T 1/4 lANMXII/4 COMKIUM SI 11/* KMMMII/4 OMWBOM 44 14/4 CMTTMOM IS/t TAMOH 11/*,, MM 4 IS/*540 words
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Page 39 Miscellaneous
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Miscellaneous130 1995-06-01 39 REGIONAL WEATHER LCGENO: R Thundorstorm Tomporoturo •<, A Show* Woothor _X Wind drachon with s>««d In knots Ron W Cloudy Sky Wov Sorfoco <Mi or* ImSe&tmi by arrows wktdi Hy wtifc tfco wind O Or* h* Cireto roprosonts calm or Ight and voriabfo wind* J— Or* half ftocho roprosonts 5130 words
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