The Business Times, 7 June 1995

Total Pages: 52
1 52 The Business Times
  • 12 1 BUSINESS TIMES WE KNOW ASIA MITA(P) 194/12/94 Wednesday June 7 1995 85*
    12 words
  • 52 1 Reuter NEW YORK Blue chips extended their record-setting rally yesterday, boosted by IBM's surprise bid for Lotus and buying of stocks that have lagged the market's recent rise. At Ipm EDT, the Dow Jones was up 13.49 points at 4,490.04 on a volume of 205 million
    Reuter  -  52 words
  • 45 1 Bloomberg Business News WASHINGTON US Treasury Secretary Robert Rubin yesterday said the administration has not changed its policy in favour of a strong dollar. "We have not... and will not use the dollar as an instrument of trade policy," he said.
    Bloomberg Business News  -  45 words
  • 165 1 Stock market indicoi Twafajr Chance STII .2,190.98 -27.05 KLSEComp 1,080.32 -4.52 Nikkei 15,660.99 -236.33 Hang Seat 9,497.83 -72.54 SETlndex 1,397.22 -11.04 Jakarta Comp ........494.68 -2.58 Manila Comp .....2,877.33 36.79 Taipei WP1 5,678.31 +7.13 Seoul Comp .ckwed Bombay BSE30 ..3,400.34 32.79 CLSA China B .......794.52 2.39 Au* All Onl 2,020.1 +8.4
    165 words
  • 484 1  -  Govt's apparent about-face on rescue package unnerves market from Anthony Rowley in TOKYO A SENIOR Japanese finance ministry official disclosed yesterday the problem loans in Japan's financial system amount to 40 trillion yen (***** billion) far in excess of what banks
    484 words
  • 389 1  -  From Anthony Rowley in TOKYO SOGO, the debt-burdened Japanese retailer with operations in Singapore and elsewhere in the region, will have to dispose of some of its assets under a financial restructuring scheme agreed yesterday with its main bankers. The Osaka-based
    389 words
  • 173 1  -  By Jenny Lam SINGAPORE It could not be ascertained yesterday whether Sogo's operations in Singapore would be affected by its debt-bur-dened parent's scheme to sell some of its assets to satisfy its bankers. A spokesman for Sogo Singapore told Business Times she was unable to
    173 words
  • 177 1 SINGAPORE Shares in the region, save for those in the Philippines, fell across the board yesterday, with local blue chips coming under the strongest pressure. The Straits Times Industrials Index dropped below the 2,200 mark when losses in seven index
    177 words
  • 249 1 SINGAPORE Dollar turnover on the local stock market was 78 per cent higher in May than in April, a sign that interest is returning. Business on the main board and Clob International last month amounted to 3.25 billion units worth $9.75 billion, compared with
    249 words
  • 461 1  -  By Teh Hooi Ling SINGAPORE Two Shen-zhen-listed companies, China Merchant Shekou Port and Gintian Industry (Group), are listing their B shades in Singapore this year the first Chinese companies to have secondary listings in the Republic. China Merchant Shekou Port,
    461 words
  • 397 1  -  By R Sivanithy SINGAPORE Engineering group Acma said yesterday its US subsidiary Paradigm Technology had applied for a listing on the US junior board Nasdaq a move that will reap Acma an immediate profit of up to US$7.7 million (5510.7
    397 words
  • Page 1 Advertisements
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    • 37 1 j. uv Regional Analysis: Pg 17* High time Japan opened its markets 2-lun oil slick after ships collide in S'pore waters, Shipping Times, Pg 1 KL economists forecast interest rate rise of 25-100 basis points, Pg 3
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    • 17 1 H(Sck Lock Siew: pg 19 M MAS is far from a real turnaround Regional markets, Pg 28-30
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    • 132 1 Bbmpm Line: Pg is > rf Tnelgun that divides America H -i Hongkong exchange dears 'If share firms, Pg 4 t Eg *tT-' j I WBKkk& I 1 LLji TRADE IN YOUR COPIER FORUPTO«|2OO f©f CJN Jciwy jt iU Sngapores office SM^OO tRIRR lIWaAfOBI HI LTD 16Genong Road Singapore 1334
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 287 2  -  By Ramesh Divyanathan DESPITE their hefty price tags, luxury cars are the fastest growing segment in Singapore's vehicle categories. In the 15-month period from January 1994 to March this year, the number of luxury cars on the road grew by about 26 per cent, from
        Source: ROV  -  287 words
    • 295 2  -  By Michelle Low OWNERS of Newton Road apartment block Miramar Mansion will jointly tender their apartments in a deal which could fetch up to $39 million, in the first sale under the Novena Development Guide Plan (DGP). An adjoining landed site,
      295 words
    • 134 2 AUSTRALIA Television will be rebroadcast live by Singapore Cable Vision when its $500 million service with more than 25 channels is launched in Tampines later this month. The cable television compa- ny yesterday signed an agreement with Australia Television to rebroadcast all
      134 words
    • 456 2  -  Auction of seven plots expected to be carried out later this year By Abdul Hadhi THE Land Office could net up to $140 million if it puts up for auction all seven petrol station sites whose leases expire this year. Analysts
      456 words
    • 404 2  -  Fran Neville Stack in LONDON SENIOR Minister Lee Kuan Yew has predicted that there will be another wave of investment into East Asia and invited British companies to take advantage of the business opportunities in the region. He was speaking
      AFP  -  404 words
    • 174 2 AP COLOMBO An attempt by employment agencies in Singapore to find 10, OCX) housemaids in Sri Lanka after the Philippines stopped its people from seeking jobs in that country has been unsuccessful, officials said on Monday. "We haven't been able
      AP  -  174 words
    • 293 2  -  By Conrad Raj A LEADING South African politician yesterday urged Singaporeans, who have already invested $200 million in his country, to invest even more. Tokyo Scxwalc, who is prime minister of Gautcng, one of South Africa's nine provinces, told a seminar attended
      293 words
    • 229 2 MORE Singapore companies have signed up to begin manufacturing and warehousing operations in Romania, members of a Romanian trade delegation said yesterday. Thakral Brothers, the electronics and textiles firm, Windmill International, the commodities trader, and ACS Computers, have finalised plans to locate
      229 words
  • Page 2 Advertisements
    • 219 2 (<";<,{]}-/'%]~/;!>::)^?(""-!~_ Exclusive Commemorative J|> Farecards honouring 90 years of SfiL "World Community 1 Service. ■rw '/it commemorate 90years oj World Community Service, fPfc. \t JB f l' l Notary Club of Singapore is issuing limited edition HntiuuJ Transit Link I art cards, in sets of 9 and in sets of
      219 words
    • 81 2 Why confine yourself whan you can afford to stretch out in your own suite. After the c n rhnnreru Saiaon street hustle, you deserve the space and comfort of the all-suites Sol Chancery Saigon. So/ Hoteies Sol Chancery Saigon, 1% Nguyen Thi Minh Khai Street, District 3. Ho Chi Minh
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  • SOUTH-EAST ASIA
    • 647 3  -  Frw Ho Kay Tat in KUALA LUMPUR MALAYSIAN government officials have hinted that there is no need currently to squeeze monetary policy further, but economists polled by Business Times yesterday said there is still some room for interest rates to climb. The
      647 words
    • 307 3  -  Company to use General Dynamics and Arianespace for its launches Fran Leslie Lopez In JAKARTA PT SATELIT Palapa Indonesia (Satelindo) will launch two satellites next year. Satelindo's president director Iwa Sewaka told a parliamentary committee yesterday that the company's plan to launch the
      307 words
    • 66 3 AFP HANOI Former US congressman and MIA activist Billy Hendon chaining himself to the gate of the US MIA office here yesterday to call for an investigation into what he claims is an underground prison in northern Vietnam where hundreds of Americans are being
      AFP  -  66 words
    • 247 3 Bernama KUALA LUMPUR Three longhouse occupiers in Belaga, Sarawak, have filed a summons against Ekran Bhd, the project proponent of the Bakun hydroelectric project, for a court declaration that it has to comply with the Environmental Quality Act 1974. Kajing Tubek, Tahu Lujah and
      Bernama  -  247 words
    • 67 3 AFP MANILA Nine allies of Philippine President Fidel Ramos, and three foes, were yesterday proclaimed winners of the May 8 senate vote, ensuring Mr Ramos solid congressional support during the last three years of his term. The 12 new senators, who won
      AFP  -  67 words
    • 70 3 Reuter BANGKOK The Thai cabinet has approved a new countertrade policy to overcome a trade deficit, an official of the Prime Minister's OfFice said yesterday. Under the new policy, government purchases of more than 500 million baht (5528.3 million) in one order by state enterprises and
      Reuter  -  70 words
    • 75 3 Reuter MANILA The Philippines could lose some US$ll5 million (SSI6I million) in export earnings following the delisting of nine products in the Generalised System of Preferences granted by the US, a senior Manila trade official said yesterday. Bureau of International Trade Relations director Jose
      Reuter  -  75 words
    • 63 3 Reuter MOSCOW Russia has completed a US$55O million (SS77O million) June 1994 contract to deliver to Malaysia 18 MiG-29 fighter jets, said a Moscow Aviation Production Organisation official yesterday. Deputy chief engineer Alexander Dmitriev said four planes would also be delivered to India in
      Reuter  -  63 words
    • 223 3 Bernama YALA, Thailand A senior Thai official has urged Malaysia's private sector to help Thailand expedite implementation of the proposed landbridge project between Penang and Songkhla. Thailand's Deputy Permanent Secretary for the Interior Visuit Singkajomvarakul, who is also director for Southern Border
      Bernama  -  223 words
  • Page 3 Advertisements
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  • CHINA/HONGKONG/TAIWAN
    • 465 4  -  From Steve Vines in HONGKONG AT A TIME when investor concern about the reporting standards of China's H-share companies is rising, the Stock Exchange of Hongkong has given a completely clean bill of health to the 15 Chinese state companies listed on
      465 words
    • 317 4 Reuter BEIJING Paramount leader Deng Xiaoping is healthy enough and it should be "no problem" for him to visit Hongkong in 1997 after Britain hands the colony back to China, one gf his'daughters was quoted ydtterda? as saying. "I
      Reuter  -  317 words
    • 247 4 AFP HONGKONG Hongkong yesterday took steps to use the long arm of its immigration law to fight unemployment, targeting foreign domestic workers and illegal immigrants. But during a two-hour "summit meeting" with business and labour leaders, Governor Chris Patten said
      AFP; Reuter  -  247 words
    • 259 4  -  Br Quak Hiang Whai SINGAPORE The benchmark HSBC Hongkong Bond Index surged 3.18 per cent last month to 109.51 the sixth consecutive monthly rise and the largest jump since the index was launched in December 1993. A manager for swaps and trading
      259 words
    • 103 6 Reuter HONGKONG China will limit foreign investment in industries where output satisfies demand and where technology already available, said He Ju, deputy director of the State Planning Commission's Department of Foreign Capital Utilisation. "We don't encourage and win limit foreign investment in technologies that China
      Reuter  -  103 words
    • 113 6 Reuter HONGKONG China wants to direct foreign investment to its western and central provinces, which are less developed than its more affluent coastal provinces, Chinese officials said at the *95 China Investment Symposium. "Ail levels of government will adopt stronger measures to speed up improvements
      Reuter  -  113 words
    • 59 6 AP BEIJING After decades of courting other developing countries with interest-free loans, China is developing a more stringent foreign aid policy. To improve the effectiveness of its foreign aid, most future loans will be low-interest with preferential terms, Sun Guangxiang, director-general of the Foreign
      AP  -  59 words
    • 63 6 Reuter TAIPEI Taiwan authorities have cracked down on 28 margin trading firms for illegal dealing in foreign currencies, the Justice Ministry's Investigation Bureau said. It was the second islandwide crackdown on illegal margin trading this year, the bureau said in a statement. Since the
      Reuter  -  63 words
    • 84 6 Reuter BEIJING China said on Monday sustainable economic and environmental development would depend on its own limited resources, but it would also welcome international hdp to meet goals set after the 1992 Earth Summit. China has the determination to accomplish tasks set by its
      Reuter  -  84 words
    • 97 6 AFP WASHINGTON China unveiled its first international trade fair here on Monday, inviting US businesses to the year-long event opening on June 28 in the Zhuhai Special Economic Zone with the lure of reduced tariffs on imported goods. The Internal Trade Ministry stressed it
      AFP  -  97 words
    • 72 6 Reuter HONGKONG Taiwanese investment in China since 1993 has flowed increasingly to the Yangtze region, although the southern coastal regions remain the most popular destinations for Taiwan funds, JP Morgan said in a report. In 1994, Jiangni attracted 24.3 per cent of Taiwan's investment
      Reuter  -  72 words
    • 65 6 Reuter BEIJING China's paper production is failing to meet demand despite annual growth of around 10 per cent, the China DaUy said. Annual paper production of 20 million tonnes made China the world's third largest producer, after the US and Japan, but upgrading of
      Reuter  -  65 words
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    • 91 5 Millenia *•> f f &if <f os s H Bsjjn^^^^H I yißgMyßai -mtTowm msts on four kluimiaikj glasscyundm 1 iii' I '.lißMißl^M j. >! our brief to world renowned gg§s ggfJ 5 5 r yS.i® f 2 was i DEVELOPMENT,WHICH also FEATURES 300,00 Q flj B B B MMIM.-IWRI-CWKI' WW—rfSUSSSUiMmr
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  • ASIA
    • 414 7 Further declines expected as growth in imports outpaces that in exports Reuter TOKYO Japan's current account surplus tumbled in April from a year earlier by more than US$2 billion (Ss2.B billion) to U5511.35 billion, and economists expect further drop* in the months
      Reuter  -  414 words
    • 69 7 Reuter TOKYO An alliance of Japanese, US and European electronics patt win yesterday they had developed a powerful microchip that was the world's smallest and fastest of its kind. Toshiba Corp, International Business Machines Corp (IBM) and Siemens said the 256-megabit dynamic random access memory (DRAM)
      Reuter  -  69 words
    • 79 7 AFP SEOUL South Korea's major trading companies saw a 33.9 per cent climb in exports in the five months to May over the period last year, spurred by windfall orders of electronics, autos and chemicals, the companies said yesterday. The seven largest trading firms
      AFP  -  79 words
    • 91 7 Bloomberg Business News NEW DELHI Two Indian opposition parties said agreements covering the US-financed Dabhol power project in the western state of Maharashtra should be scrapped if they are found to be improper or against national interest, newspapers reported yesterday. The Bharatiya Janata Party and
      Bloomberg Business News  -  91 words
    • 281 7 Reuter TOKYO A key Bank of Japan survey this week is likely to paint a gloomy picture of business conditions as the strong yen creates yet another setback for Japan's shaky recovery, analysts said yesterday. They said the central bank's quarterly survey, known
      Reuter  -  281 words
    • 447 7  -  Organisation set up to promote Asian ties could collapse from lack of funds Frta Mike Simms In AUCKLAND THE New Zealand government was warned on Monday that the body it set up to spearhead its push into Asia is in danger of collapse
      447 words
    • 307 7 AFP SEOUL South Korea's electronics firms launched themselves into cartelised price slashing this month in a bid to keep their edge over foreign brands ahead of the imminent opening of the shielded domestic market. The drastic mark-down of price tags on
      AFP  -  307 words
  • Page 7 Advertisements

  • FOCUS
    • 993 8 IBM's bid for Lotus FT NtW YORK International Btfeiness Machine's US$3.3 bilion (554.6 billion) unsolicited bid for Lotus Development, the US software house belt known as developer of the l-J-3 spreadsheet program, is a hugely risky but ambitious m<|ve by
      FT; Reuter  -  993 words
  • Page 8 Advertisements
    • 575 8 FLEXTECH HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Notice of Meeting Notice is hereby given that the Second Annual General Meeting of the Company will be held at Mandarin Court A, 4th Floor Main Tower, The Mandarin Singapore, 333 Orchard Road, Singapore 0923 on 23 June 1995 at 2.00
      575 words
    • 323 8 Mnb be counted among the best of treasure hunters, *v v J mm 4 m M M II S mm wf n mm-m TUB FORM IN TO US NOW! I 1 Picture this. Sunday, August 27th. Hie I Tj*«kf|«rT E>mtY reL $30 POt CM (ndiJde JHGSD* open to*eiea3Po an. biggest
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  • Page 9 Advertisements
    • 508 9 Jn I qu HERE'S THE OPPORTUNITY. j i«i a CI i 6 i Sunday Times I Overseas stocks: CPF J, monitoring I 1 wn be u sedfron^^^poW j j 1 I i 11 11 t v. <r~ j/ corf* Wb NOW. HERE'S YOUR TICKET. i --fiR I J fi-SSaSteSg^ Board
      508 words

  • SPORTS
    • 541 10 AP PARIS Top-seeded Andre Agassi, hampered by a sore hip, was knocked out of the French Open yesterday by Yevgeny Kafelnikov, who earned a chance to stop Thomas Muster's winning streak in the semi-finals. Agassi had sailed through the first four rounds here in pursuit of
      AP  -  541 words
    • 411 10 French Open AP PARIS The other giant-kill-ers have fallen out of the French Open one by one but Adrian Voinea is still around. Ranked 128 th in the world, with only 10 tournaments under his belt, the 20-year-old Romanian has made the French Open
      AP; Reuter  -  411 words
    • 794 10 NBA Finals NYT NEW YORK Hakeem Olajuwqn acknowledges that only a few players inspire him to read a box score in the newspaper and that Shaquille O'Neal is one of them. So as Olajuwon sat at his locker last week in Houston, brushing
      NYT  -  794 words
    • 560 13 Rugby World Cup Reuter JOHANNESBURG Chester Williams stepped back into his role as the sporting hero of black South Africans yesterday determined to play a major part in the outcome of the Rugby World Cup. Williams, the only coloured player
      Reuter  -  560 words
    • Article, Illustration
      276 13 AFP NEW YORK Former US Open runner-up Chip Beck was among the 47 golfers at 11 sites who earned (Maces on Monday in the US Open championship. Chris Tidland, an amateur, led Beck and 14 other qualifiers at the Columbus, Ohio, site, where a strong field of notable professionals
      AFP  -  276 words
    • Article, Illustration
      106 13 AFP HENGELO, Netherlands Jamaica's Merlene Ottey ran the fastest women's 100 m this year at the Grand Prix II meeting here on Monday. Ottey clocked 11 .OOsec to beat Russian Galina Malchugina (11.38) and Dutchwoman Jacqueline Poelman (11.42) at the Fanny Blankers-Koen stadium. Ottey is the reigning 200 m
      AFP  -  106 words
    • Article, Illustration
      79 13 PARIS French Open Monday Men's 4th nk Renzo Furlan (Ita) b Scott Draper (Aust) 7-5 6-1 7-6 (8/6); 7-Sergi Bruguera (Spn) b 10-Magnus Larsson (Swe) 6-1 2-6 7-5 7-6 (7/4); 6-Michael Chang (US) b 12-Michael Stich (Ger) 1-6 6-0 6-2 6-3; Adrian Voinea (Rom) b Andrei Chesnokov (Rus) 7-6
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  • Page 10 Advertisements
    • 127 10 '«^lf A/V INVITATION TO EXPERIENCE THE NEW LOOK OF THE KUALA LUMPUR HILTON <V <\ '-wlw- Step into the new main lobby and be greeted by exquisite crystal chandeliers, marbled floors and intricately carved wooden pillars. All the suites and guestrooms have been refurbished in pleasing pastel shades. The newly
      127 words

  • Page 11 Advertisements
    • 351 11 perfect n; V ®*p -ti >v The clown fish and sea anemone have a We build relationships that leave among real customers. The latest of our partnership that has stood the test of time. partners satisfied and free to move quickly achievements is securing Singapore's first Mutual trust and respect
      351 words

  • Page 12 Advertisements
    • 3545 12 52 Keppel Bank of Singapore Limited AND ITS SUBSIDIARY COMPANIES (Members of the Keppel Group) BALANCE SHEETS AS AT 31 DECEMBER 1994 IMb 1«M Th Qr UP IW3 Nat* 1»« Th Qr U 1903 19M 1903 $5o rooo ,Z ro rooo rooo ran rooo tMAM CAMTAL 400,797 467.532 400,797 467.632
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  • Page 13 Advertisements
    • 159 13 Free Your ?j a At the ©Phytomer Spa at Shangri-la's Rasa Sentosa Resort, revitalise and M a re-energize yourself in total comfort and luxury. Pamper yourself with a 1 I whole range of personal programmes to ease away the stress and strains of f a busy work schedule. isl (J
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    • 978 13 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX;74I-1298 CHEMICAL INDUSTRIES (FAR EAST) LIMITED. f-fed 25. NLfc (iS 3&c) PS 52: SJ NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Chemical Industries (Far East) Limited will be held at the Registered Office of the Company
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  • Page 14 Advertisements
    • 302 14 The World's I a 1 Favourite Beer, where to wine, dine and entertain 13 L <»Of*.D-S LA«Q£ST SEIJJKQ BEEB J TH€ MOST fIUTH€NTK ITfiUAN PflSTfi 6 PIZZA IN TOUJN —i ...NEARER TO THE EAST uuui WURBUMUIMIMmm A. f 1 31 IMI few V 0104) (Offil M NOUIS) fcfc *****53 *****10
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    • 380 14 The Day You Dinf At Triple 3 t Be Prepared. To Have A Very Light Breakfast Skip breakfast altogether for a sumptuous buffet at Triple 3, an irresistible spread featuring some 5 60 hot and cold dishes, plus tempting desserts. Call _S_ us now to make your reservations at 831
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  • LIFESTYLE
    • 636 15  -  Music legend Ravi Shankar spun pure magic with his sitar on Monday night, says S N Vasuki S N Vasuki Ravi shankar is the great renaissance man of Indian classical music. In a fascinating career spanning five decades, the legendary sitar virtuoso has broken new ground and breached
      636 words
    • 286 15 AP AP UPI THE Duchess of York left London on Monday for Warsaw on a two-day charity trip to Poland, soon after saying she is short of money and will curtail charity work. "I have decided to concentrate on my commercial activities and cut
      AP; UPI  -  286 words
  • Page 15 Advertisements
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    • 96 15 SHABU SHABU s<k>" jmmh 'Eat-All-You-Can' (jr€ k* 5 ft' Genki Sushi brings back 'Eat-All-You-Can' Shabu Shabu from 1 May 1995. Savour our best quality Shabu Shabu itams from tha conveyor belt while you remain comfortably seated. Priced Wtf£" Sx2Bße at $14.90++ for lunch and dinner, Mondays to Thursdays. This is
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  • Page 15 Miscellaneous
    • 952 15 Oraagataaa: CWklrM Of Tlm It The orangutan the of I the of j the are taken from as luxury the Forestry Departcracking down on this trade, has set up a research J| centre to re-introduce captured If animals into the wild. n VjQflpwS^^fl^^^H Hard Time*, 10pm, Cb Thomas Gradgrind has
      952 words

  • 472 16 FOR several successive nights in April 1945 the waters of the Sumida River in central Tokyo came to the boil. Tokyo residents fleeing Allied firestorms incendiary bombs dropped in the correct configuration create a vacuum in which intense heat is generated found no sanctuary by the river. The
    472 words
  • 513 16 i)NE consumer fumed at OCBC Bank's new $30 iharge to stop payment on a blank or undated cheque, yhis is ISO per cent more than the previous levy. His Reaction might be excessive, as it is one charge that, nresumably, cannot affect many writers of cheques.
    513 words
  • 121 16 THE Singapore Tourist Promotion Board's quarterly report shows that the number of tourists in March has fallen by about 1.2 per cent. The drop affects the retail and hotel industries directly. What's the cause? Are higher costs causing Singapore to lose its attractiveness as a shopper's
    121 words
  • 106 16 THE first experimental phase of upgrading HUDC flats to private condominiums has commenced. Almost immediately, selling prices have shot up, with quotations going as high as $800,000. Indeed, this is good news for HUDC flat owners. However, as the government will not be subsidising the upgrading projects,
    106 words
  • 105 16 SIX YEARS have come and gone since a disbelieving world watched in horror as the Beijing government sent in tanks and guns to break up a peaceful protest in the massacre at Tiananmen Square on June 4, 1989. Tomorrow, as the world commemorates the tragic
    105 words
  • 138 16 SIX YEARS ago today, Beijing's Tiananmen Square resembled a war zone. Human and military carnage littered the historic and political landmark and smoke drifted through the heart of China's capital. The military assault on pro-democracy demonstrators occupying the square left up to 1,000 dead and released
    138 words
  • 86 16 STATE MINISTER of National Development Planning Ginandjar Kartasasmita has of late been promoting the main components of what he sees as the ideal development paradigm for Indonesia. We might look overly optimistic if we read too much into all the ideals postulated by Mr Ginandjar, including on what
    86 words
  • 763 16  -  They are preferential systems that hurt multilateral trade, says Jagdish Bhagwati Jagdish Bhagwati The writer is Professor of Economics, Columbia University, New York i FT THE RECENT series of calls by prominent European politicians for a transatlantic free trade area (Tafta) will
    FT  -  763 words
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  • Page 16 Miscellaneous
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  • REGIONAL ANALYSIS
    • 1205 17  -  Special to BT The World Trade Organisation provides the framework by which Tokyo can solve disputes and promote world economic growth SHUJIRO URATA SHUJIRO URATA The writer is Professor of Economics, Waseda University, Tokyo ONE important feature of the World Trade Organisation (WTO)
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    • 860 17  -  ASIAN VIEW By Yang Razali Kassim The writer is BT's Regional Analysis Editor THE unthinkable is happening in Australia. Hopping mad with the local media for being too free in reporting state secrets, the government is moving to jail journalists whose articles are deemed to
      860 words
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    • 201 17 If you are worried about your hat you doubtless study every tkiy area of your scalp that seems to show through more than it should You can* be sure, there /^y may not be any problem-but then again, it could be M the onset of baldness. j^**4 Now you can
      201 words

  • 450 18 Reuter NEW YORK The stock of Lotus Development Corp rose yesterday as International Business Machines Corp pressed its US$3.3 billion (554.6 billion) hostile cash bid for the software company on several fronts. Lotus stock rose to US$62 in very heavy early
    Reuter  -  450 words
  • 247 18 Reuter LONDON Britain's national lottery, which has proved hugely popular in its first seven months, will establish itself as the biggest in the world if it meets its goals this year, operator Camelot said yesterday. Camdnt unveiled its first set of
    Reuter  -  247 words
  • 44 18 Reuter CANTERBURY, England Boumy. a yoong lowland gorilla, sits on zoo owner John Aspuiaii at the inauguration of the new gorilla enclosure at Howletts Zoo Park near Hythe in Kent. Bounty is one of 28 gorillas occupying the new enclosure. Renter
    Reuter  -  44 words
  • 270 18 International Monetary Conference Reuter SEATTLE Asian countries are relying less on the US dollar and gradually switching their foreign exchange reserves to either the yen or the deutschemark, Industrial Bank of Japan president Yoh Kurosawa told an American Bankers Association meeting. He
    Reuter  -  270 words
  • 289 18 Knight-Ridder SEATTLE A Bank of China official on Monday said the Chinese economy has good momentum and investment .fc-y rff livery to Monetary Conference here, Xeubing Wang, president and vice-chairman of the Bank of China, also said: "China will persist with
    Knight-Ridder  -  289 words
  • 300 18 Reuter LONDON British companies are poised for a spending spree after amassing large amounts of cash in a two-year corporate earnings surge, equity strategists say. Bid speculation sent Fisons and Zeneca share prices soaring early yesterday after pushing up merchant bank Kleinwort
    Reuter  -  300 words
  • 862 18  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT journalist. He files this report from the US where he ha research fellow at the University of North Carolina at Chapel Hill A FIVE-MONTH stint in America was all it
    862 words
  • 302 18 AFP TOKYO Japan mil strictly limit talks with the United States in Geneva next week to whether sanctions proposed by Washington conform with World Trade Organisation rules, a Japanese negotiator said yesterday. Atsushi Oi, director of the International Trade and
    AFP  -  302 words
  • 85 18 AFP NICOSIA Iranian President Ali Akbar Hashemi Rafsanjani said his country had sufficient resources to thwart a US trade embargo as it came into force yesterday. "Iran is beyond the stage of an economic embargo," he told Radio Monte-Carlo from Teheran. But
    AFP  -  85 words
  • 114 18 Reuter DUSSELDORF, Germany The German information body Crcditreform predicted a record number of company failures in German despite the economic upturn. It predicted in a new study that a record 28,000 firms would have registered themselves as insolvent by the end of the year, up from
    Reuter  -  114 words
  • 147 18 Reuter LONDON Britain may face discrimination and isolation if it shuns a single European currency and might even be forced out of the European Union, the pro-European Federal Trust pressure group said. In a pamphlet pressing the case for economic and monetary union (EMU), the group said
    Reuter  -  147 words
  • 111 18 Reuter PARIS The weekend rescheduling deal with the Paris Club will leave Russia making around US$3.5 billion in debt payments for 1995 to government creditors, sources close to the Club said yesterday. It gave no figures in its statement on Saturday night after three days of talks.
    Reuter  -  111 words
  • 78 18 Reuter SARAJEVO Bosnian Serbs said they would free more UN hostages yesterday as Greece sought to get them all released by persuading Serbian President Slobodan Milosevic (right) to exert influence over his former proteges. The press centre in the Bosnian Serb headquarters of Pale told reporters they
    Reuter  -  78 words
  • 90 18 Reuter JOHANNESBURG South African President Nelson Mandela urged the country's bosses to sit down and listen to their workers' demands. "What you are fighting for here is the right to sit down and talk to your superiors...! would urge the employers to sit down and
    Reuter  -  90 words
  • Page 18 Advertisements

  • COMPANIES & MARKETS
    • 367 19  -  _5l Quak Hiang Whai SINGAPORE Covered warrants on Tenaga, Sime Darby and Telekom could be next on the list of Commerce International Merchant Bankers Bhd (CIMB), which issued Malaysia's first covered warrants last week. Broking sources say CIMB may issue warrants
      367 words
    • 313 19  -  Chairman expects positive response to group's 1995 housing offerings By Conrad Raj CITY Developments, the listed property arm of the Hong Leong group, is still bullish on the residential market and expects all its units for sale this year to be snapped up. Chairman
      313 words
    • 340 19 SINGAPORE CDL Hotels International Ltd (CHIL) plans to build a service apartment tower next to The Regent hotel in Kuala Lumpur. The group says in its 1994 annual report that the project will comprise a complex with food and beverage outlets and
      340 words
    • 788 19  -  HOCK LOCK SIEW By Ho Kay Tat KUALA LUMPUR When Malaysian Airline System (MAS) chairman Tajudin Ramli repotted in December that the company hid made a surprisingly strong halfyear net profit of M 594.7 million
      788 words
    • 385 19  -  By Claire Leow SINGAPORE Locally listed Flextech Holdings aims to cash in on a components shortage which has hit the personal computer industry by becoming a major distributor. It will seek distribution rights with and representation for manufacturers of strategic and
      385 words
    • Article, Illustration
      52 19 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled Alliance. Barings. Credit Lyonnais Securities. Daiwa, Fraser, G K Goh, Kay Hian, Morgan Grenfell. Ong Co, Nomura, Phillip, Smith New Court, WI Carr and S
      52 words
    • Article, Illustration
      107 19  -  By Paul Leo BANDAR Raya at yesterday's close of $2.98 is a sell. Its last two attempts to cross resistance at $3.00 failed and the bulls are retreating fast. Yesterday's volume of 44,000 units is one-third the 10-day average of 130,000 shares and only 12 per cent of
      107 words
    • COMPANIES
      • 383 20  -  By Quak Huang Whai SINGAPORE Chevalier Singapore Holdings' group net earnings rose 39.7 per cent to $4.11 million for the year ended March 31, it announced in its maiden fullyear results. The jump in net profit was due to
        383 words
      • 264 20 Bernama KAJANG, Selangor Petronas, Malaysia's national oil company, will disclose details of the proposed flotation of its subsidiary, Petronas Gas Sdn Bhd, on the main board of the Kuala Lumpur Stock Exchange in two weeks' time, says Petronas president
        Bernama  -  264 words
      • 214 20 MBT KUALA LUMPUR -rAM MB Holdings Bhd's pre-tax profit for the year ended March 31 jumped 32.87 per cent to M 5519.05 million (***** million) from M 5390.65 million in 1994. The increase was registered on a turnover of M 51.76 billion against
        MBT  -  214 words
      • 369 20  -  Claire Leow SINGAPORE ST Electronic and Engineering (ST E&E) is confident of winning more infrastructure projects in the region, says chairman Wong Kok Siew in its annual report. The company, a unit of Singapore Technologies Industrial Corporation (STIC), had successfully applied its acumen
        369 words
      • 223 20 Bernama KAJANG, Selangor Pos Malaysia hopes to obtain government approval for its privatisation via a flotation on the Kuala Lumpur Stock Exchange (KLSE) this year, said Pos Malaysia executive chairman Zainol Mahmood. "Based on our financial performance, we are more than qualified
        Bernama  -  223 words
      • 110 20 SINGAPORE Two directors of beverage group Yeo Hiap Seng, Michael Yeo and Charles Yeo, have had their YHS holdings lifted following the liquidation of family holding company Yeo Hiap Seng Holdings. Michael Yeo's holding rose to 1.08 million after 323,000 shares were credited
        110 words
      • 49 20 SINGAPORE Shipping container manufacturer Shanghai Pacific, a subsidiary of listed Singamas Container Holdings, was Shanghai's top foreign exporter last year. Singamas said yesterday Shanghai Pacific exports totalled US$ll5 million (S$ 159.8 million) nearly double the export value of the second and third foreign exporters.
        49 words
      • 65 20 SINGAPORE Vikay Industrial has received approval from China's industry and commerce ministry to incorporate Vikay Science Technology Development (Shenzhen) Co Ltd. The company will have an authorised share capital of US$2.B million (Ss3.B million), which will be paid in two years. The Shenzhen company now will
        65 words
      • 63 20 SINGAPORE The Stock Exchange of Singapore has given approval to Rothmans Industries to go ahead with its proposed capital distribution. Under the proposed cash distribution, each Rothmans shareholder will receive 1,500 for every 1,000 shares held. The proposal is now subject to shareholders' approval at
        63 words
      • 30 20 SINGAPORE Centrepoint Properties has set up a wholly owned subsidiary named Woodlands Complex Pte Ltd with an authorised capital of $100,000 and a paid-up capital of $2.
        30 words
      • 2082 20 M—fri' thorn iun 7 Sh Greater China Fd 1.00 -tt Mendaki Or Fund 1.04 I.07& SMgapor* Umt Trust US Gr Fund 1.02 l ot* The Commerce 1.60 l.69xd iiab Mat iy The Savins Fund 1.57 1.66 S pore Pra« Fund 0.63 0.67 Lnifund I.4S 1.55 S pore Sec Fund 0.99
        2,082 words
      • 483 22 Reuter BANGKOK Despite protests from foreign brokers, the Stock Exchange of Thailand will consider a proposal that would sharply cut the level of foreign ownership in brokerages which are exchange members, an SET official said yesterday. Under the proposal,
        Reuter  -  483 words
      • 257 22 Bloomberg Business News HONGKONG Goodwill International has sold assets to the China Industrial International Corp for cash and a controlling stake in the latter in what is known as a reverse takeover. A Goodwill spokesman said China Industrial will also list its
        Bloomberg Business News  -  257 words
      • 44 22 Reuter SEOUL South Korean policemen arresting fugitive Korea Telecom union leader Do Nam Hee within the grounds of the Myongdong Cathedral here yesterday. Thirteen union leaders were arrested yesterday after staging a sit-in protest for more than 10 days. Reuter
        Reuter  -  44 words
      • 156 22 AFP SHANGHAI A Shenzhenlisted power company has made a public offer of 218.25 million B shares the biggest B-share offer so far to raise HKS9OO million (SSI62 million), the China Securities daily reported yesterday. An official of Guangdong Electric Power Development Co,
        AFP  -  156 words
      • 99 22 Bloomberg Business News HONGKONG Vincent Intertrans Holdings Ltd said yesterday it did not know why its shares surged almost 24 per cent in the past three days. At the request of the Stock Exchange of Hongkong, the Hongkong-based company, which provides international sea freight
        Bloomberg Business News  -  99 words
      • 75 22 No bonus for Cable Wireless directors Bloomberg Business News LONDON Cable Wireless pic directors will receive no bonuses this year because earnings per share for the year did not grow, the company said on Monday. Earnings per share were unchanged from the previous year at 23.6 pence. Chief executive Lord
        Bloomberg Business News  -  75 words
      • 82 22 Bloomberg Business News HONGKONG Wharf (Holdings) Ltd, which is being sued by a Denver-based cable television company for alleged breach of contract and fraud, was denied a request to shift its court hearing to the territory from the US, the Hongkong Standard reported yesterday.
        Bloomberg Business News  -  82 words
      • 82 22 Bloomberg Business News HONGKONG HSI Services Ltd, which calculates Hongkong's most closely watched stock market measure, the Hang Seng Index, hopes to start using an index for mid-size companies by the end of the year, an HSI executive said yesterday. HSI, a unit
        Bloomberg Business News  -  82 words
      • 214 22 Reuter SYDNEY The shares of Rupert Murdoch's global media group News Corp Ltd surged more than 3 per cent on reports that its Fox Broadcasting unit had won a hefty increase in its prime-time television advertising rates. Fox,
        Reuter  -  214 words
      • 559 23 New rules coming into effect today are first changes to system in 27 years Bloomberg Business News NEW YORK After six years and millions of dollars in new technology, US brokerage firms and investors alike will adopt one of the world's fastest stock
        Bloomberg Business News  -  559 words
      • 349 23 Reuter DETROIT Kmart Corp named a relatively unknown executive with a strong resume on Monday to guide the struggling retail giant's turnaround as its new chairman, president and chief executive officer. Floyd Hall, 56, who in the 1980s ran rival discount retailer Target
        Reuter  -  349 words
      • 286 23 Bloomberg Business News LOS ANGELES Seagram Co and talent agent Michael Ovitz scrapped negotiations that would have placed Mr Ovitz at the helm of its just-ac-quired MCA Inc entertainment unit, according to people close to the negotiations. Mr Ovitz, who co-founded Creative
        Bloomberg Business News  -  286 words
      • 289 23 FT LONDON Race Electronics, one of the UK's biggest contract electronic manufacturers with US, Japanese and European companies among its customers, went into administrative receivership on Monday. The private company, based near Cardiff in south Wales, had been regarded as an example of how a
        FT  -  289 words
      • 153 23 Reuter TOKYO A sluggish domestic economy and rapid appreciation of the yen slashed group earnings of major Japanese watchmaker Citizen Watch Co by more than half in the year to last March 31, the company said yesterday. Citizen posted a group net
        Reuter  -  153 words
    • FINANCE & COMMODITIES
      • 545 24 AFP SHANGHAI The city's fledgling financial industry has gathered enough speed to begin supporting a market for medi-um-sized syndicated loans, foreign bankers here say. "The Shanghai market is growing fast. With 33 (foreign) financial institutions you have the capacity for loan syndication,"
        AFP  -  545 words
      • 449 24 Reuter NEW YORK Standard Poor's Corp has launched a bank loan rating (BLR) system designed specifically for syndicated bank loans. The new system, which rates loans on a scale of one through 10 where one is the highest, goes beyond S&P's
        Reuter  -  449 words
      • 137 24 Reuter MANILA Five foreign insurance firms are planning to open offices in the Philippines, a top government official said. Chief presidential legal counsel Antonio Carpio said the companies are currently applying for permits with the Securities and Exchange Commission after being given "no objection
        Reuter  -  137 words
      • 343 24  -  By Quak Hiang Whai SINGAPORE Hongkong needs to clarify its stand on double taxation to ensure foreign banks in the colony do not move to more advantageous offshore centres such as Singapore, says a prominent German banker. In a letter to Joseph
        343 words
      • 317 24 LONDON Oil futures here and in New York fell as traders anticipate a rise in US petrol stockpiles. Statistics to be published by the American Petroleum Institute last evening are expected to show an increase in petrol stockpiles as a result of increased production
        317 words
      • 205 24 Reuter LONDON The dollar opened higher here versus the yen and mark, trading near the highs of its recent ranges. At 1230 GMT. the dollar was quoted at 1.4150/60 marks, up from 1.4100 at Monday's close. It was quoted at 85.11/16 yen, up from 84.74 at Monday's close and
        Reuter  -  205 words
      • 97 24 AFP NEW YORK The dollar was up against other major currencies in quiet early trading yesterday amid expectations that the German central bank would ease interest rates. The ounce of gold meanwhile was down 30 cents at U*****.10 an ounce. At 1400 GMT, the dollar was at 1.4158
        AFP  -  97 words
      • Article, Illustration
        1240 24 I rade-neighied index calculated against S port 's lap 14 trading partners. Base year I9*S US$/S$ forward rates Noon /Jun 6 ss BM OCkr 1-month I.3U8 1.3903 2-month I.3S34 I 3849 3-month I.37S4 I.37W 6-month I.36S7 1.3677 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m m Mm S Singapore
        1,240 words
    • COMMODITIES & FUTURES
      • 1319 25 Reuter SINGAPORE Simex Eurodollars and Euroyen futures ended flat after being stuck in narrow range trade. Dealers said the undertone for Euroyen was still firm but more fresh news would be needed to move it higher. Conflicting remarks by Japanese government officials as to
        Reuter  -  1,319 words
      • 674 25 COMMODITY REPORTS Gold TOKYO: Gold futures closed higher in response to the weaker yen against the dollar coupled with gains in overnight prices. Yen-based futures ranged from nine to 12 yen per gram firmer, with benchmark April ending 12 up at 1,058. There was
        674 words
      • 88 25 SYDNEY The New York Mercantile Exchange is considering establishing a network of warehouses outside the US for the storage of copper traded at its Comex division, an exchange official said. He said potential locations for the warehouses include Latin America, Asia and Australia.
        88 words
      • 104 25 LONDON Aluminium prices are likely to be depressed in the third quarter by nervousness resulting from fund liquidation and the prospects of the Memorandum of Understanding on Production breaking up, LME dealer Rudolf Wolff says. "Long liquidation has turned a bull market to a bear.
        104 words
      • 42 25 TOKYO Warehouse stocks of coffee at Japan's three main ports totalled 73,138 tonnes at the end of April, down 1.7 per cent from 74,400 tonnes a month earlier, according to the Ministry of Agriculture, Forestry and Fisheries.
        42 words
      • 80 25 WINNIPEG Canadian beet sugar production will be cut back about 13 per cent to just undei 650,000 tonnes in 1995-96 (Sep-Aug) from nearly 740,000 tonnes in 1994-95. The drop in production is a direct result of US trade barriers against Canadian sugar and low
        80 words
    • 1372 25 SICOM Futures (Mm daslag at at S.Mpn) RSS1 Cwrtract (S cents/k*) Ckwe Volume Open Month High Low Sett (tonne*) interest Jd ***** 218.00 217.00 200 2075 A us 214.00 ***** 214.00 1425 2675 Sep 211.50 50 2850 Oct/Dcc 208.50 206.00 205.50 750 6150 Jan/Mar 96 207.25 204.50 205.00
      1,372 words
    • REGIONAL STOCK MARKETS
      • 280 26 Seoul Ja S +T Ank.uk Inurancc *****0 110.00 Am Ccaeat 345DO 5.00 Ba* Yang 1225.00 45.00 Baak OTCfct Ja *2.00 -1.00 Boo Kook I06J00 -2jOO Byuck Saa 137X10 200 Choi Syndic Toil 474jOO 4.00 Choac Kua Dang 297 00 -11.00 Cbooag W *7 40 2200 Dae Wooflg Ptiamu 4«0.00 7D0
        280 words
      • 919 26 +8.4 SHARES rallied after a strong Wall Street performance to close higher yesterday despite a late fall in BHP's stock. "BHP has been the big disappointment of the day and appears to have taken the shine off the market virtually by itself," said a broker at Lance Jones. The
        919 words
      • 613 26 +36.79 Share prices gained 1.3 per cent on the back of a rise in Wall Street and the continued inflow of foreign funds. The rise in New York and the strong performance of dominant carrier Philippine Long Distance Telephone Co there "gave positive signals to the market', said trader.
        613 words
      • 517 26 +7.13 Stocks closed higher amid easing of inflationary pressure on the island. "The lower-than-expected inflation rate of 3.31 per cent in May helped the market recover early losses," said an analyst. The 321-issue Weighted Price Index gained 7.13 points to 5,678.31. Turnover was 622 million shares worth NT525.55 billion.
        517 words
      • 343 26 -4.30 Shares ended mixed yesterday, with brewer Lion Nathan leading the decliners as it went exdividend and discount retailer The Warehouse Group leading gainers after its better-than-ex-pected profit, traders said. "People arc obviously picking continued very good earnings from The Warehouse," said a broker. He said the group's
        343 words
      • 155 26 +32.79 Stocks rose after the country's largest mutual fund bought small quantities of a handful of leading shares, traders said. Unit Trust of India, which controls an estimated 10 per cent of the Bombay stock market by capitalisation, came in late in the day to boost prices, said analysts.
        155 words
    • WORLD STOCK MARKETS
      • 543 26 Britannia Funds Sicrtiat Cash BM Oder Ma Ci5 Dnad *****0 M 6500 Mim IrntTSm J0.IWJ ***** Mhn Mu Income *0*300 *0 9700 USS Cash lacoaac Phn Fnd 10 5200 11.0900 PS S Reserve Fnd 5 9900 5 5000 -0.4592 0 49M Far Ea* F«ad *2.7650 *2.9730 Man Portfolio *2.0030 *2
        543 words
      • 652 26 +3.4 UK BLUE chips ended marginally ahead at a new 15-month closing high, after a day of consolidation, helped higher at the end by Wall Street and gilt strength. "The underlying tone of the market is still alright with reasonable levels of business and few sellers," said one dealer.
        652 words
      • 149 26 -5.36 French stocks closed lower as declines in ex-dividend stocks took their toll, offsetting the optimism generated by further gains in US stocks. The CAC-40 fell 5.36 points to 1,965.94, with 16 stocks declining, 20 gaining and four stocks unchanged. "It's mechanical, the exdividends are necessarily weighing on the
        149 words
      • 181 26 +21.45 German stocks closed at their highest level in nine months as the dollar and bond market extended their gains, spurring interest in Financial and export shares. Insurer Allianz Holding led the DAX Index of 30 leading stocks up 21.45 points to 2,154.17. That's the DAX's highest close since
        181 words
      • 171 26 -6.16 Belgian stocks fell amid concern the US market for BdB exporters won't grow as as expected. Traders said buying also faded in stocks which are due to pay their 1994 dividends this week. They include Tractebd and Solvay, which lost 0.7 per cent and 1.2 per cent respectively.
        171 words
      • 148 26 +25 Italian shares closed slightly higher after another lacklustre session with only Fiat and some bank stocks showing some life. The car company continues to suffer from some analysts' disappointment at the level of operating profit over the opening months of 1995. Fiat lost 1.14 per cent in turnover
        148 words
      • 272 26 +2.13 Dutch stocks closed at a new 15-month high, led higher by financials amid speculation the Dutch central bank will cut interest rates without waiting for Germany to lead. KLM Royal Dutch Airlines rallied 3.3 per cent on optimism that it will report healthy fourth-quarter earnings, while Royal PTT
        272 words
      • 143 26 -5.29 Swedish stocks fell as Ericsson lost a major mobile phone order in the US, sapping the enthusiasm stemming from a stronger bond market. Ericsson Fell after PCS Primeco, one of the main buyers of new mobile phone technology in the US, would choose a technology which Ericsson rivals.
        143 words
      • 243 26 +4.4 Swiss shares rose amid gains in insurance companies, buoyed by the recent drop in bond yields, offset by declines in food producer Nestle SA and banking stock CS Holding, which were trading ex-dividend. Registered shares of Swiss Reinsurance, boosted by earnings hopes, advanced 3 per cent. Zurich Insurance
        243 words
      • 301 26 +9.5 South African shares remained capped by low interest and local economic concerns, with little change seen in the short term. Buyers were reluctant to take positions amid continued economic concerns and political uncertainty. The Overall Index ended 16 points higher at 5,543.9, the Industrial Index added 9.5 to
        301 words
      • 221 26 +4.80 Stocks rose in moderate late morning trade with gains in most sectors offset by weak precious metal issues. The TSE-300 Composite Index rose 4.80 points to 4,468.29- on volume of 30.00 million shares valued at C 5508.00 million. However, declining issues led by heavily-weighted golds outpaced advances 277
        221 words
      • 640 26 12.80 Stock prices turned moderately higher in active trading early yesterday as the market tried to extend Monday's rebound without the help of strong bonds. The Dow Jones Industrial Average, which rebounded 32.16 points on Monday, was ahead 12.80 to 4,489.35 at 1 lam EDT. The NYSE Composite
        640 words
    • Article, Illustration
      2626 27 Bloomberg Business News HONGKONG Stocks fell, as some investors felt that share prices fully reflect prospects for lower interest rates after their recent rally. The main index rose one per cent before a slide in Hutchison Whampoa, HK Telecom and HSBC Holdings which together account for about 35 per
      Bloomberg Business News; Source: Bridge Info  -  2,626 words
    • Article, Illustration
      456 27 CLSA IN Hongkong, H shares finished 4.04 points lower at 1.171.15 on turnover of HKSS9 million. On volume of HKSB.7 million, Qingling Motors was the most active counter, closing 2 per cent higher. In Shanghai, B shares ended up 0.7 per cent on reduced turnover of US$l.7 million. Interest
      CLSA  -  456 words
    • Article, Illustration
      2510 27 Bloomberg Business News TOKYO Stocks fell almost 1.5 per cent after the finance minister threw cold water on hopes for a government bail-out of the nation's lenders. "Basically, what's happening is that the Ministry of Finance is doing its utmost to confuse everybody by making contradictory statements," said a
      Bloomberg Business News; Source: Bridge Info  -  2,510 words
    • Article, Illustration
      1496 27 Reuter BANGKOK Stocks closed lower on selling of blue chip issues on what brokers said was a correction in the market after recent strong gains. The SET Index fell below the 1,400 support level to close 11.04 points lower at 1,397.22. A total of 144.2 million shares worth 9.7
      Reuter; Source: Bridge Info  -  1,496 words
    • Article, Illustration
      1136 27 Reuter JAKARTA Shares ended down in moderate trading on heavy profit-taking late in the day following a general downward trend in regional markets. The Composite Index closed 2.58 points lower at 494.68. Heavy profit-taking by local players was seen in propertyrelated stocks Dharmala Intiland and Putra Suiya Perkasa which
      Reuter; Source: Bridge Info  -  1,136 words
    • 1858 28 Gr Cr IMS Lai Vat bay UalQMi ra» 1*1 VM Net M C# H%k Low Caopaay Sale (WO) Hifh Low Bayer Sefcr O P/E M MALAYSIAN STOCKS 4?t 1% m a ISA 50c 416 30 4162 418 390 414 416 3.0 -2.9 0.2 42.7 U7 77 5 m
      1,858 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5930 28 Bloomberg Business News KUALA LUMPUR Stocks fell amid concern among investors that a weakening US economy could reduce demand for local exports. Foreign investors drew back from the market yesterday, traders said. Overseas investors have fuelled a rally in stocks that has
        Bloomberg Business News; Source: Bridge Info  -  5,930 words
    • STOCK EXCHANGE OF SINGAPORE
      • 6962 29 Gr Or M Hi Imi Vt| Da% Ijst (ko(« Dh Dlt YM Nn Cap A»g Hjgk Ln Q —I —J Sate (tM) H%k Lw B«»«t Site Cw PIt. tall Prle» INDUSTRIAL AND COWOCWL 4m 112 mi Aetna 50c 486 cd susp 22' 457 450 4SO t iWi in.. VV- 450
        6,962 words
      • 1830 30  -  By R Sivanithy SINGAPORE The Straits Times Industrials Index yesterday lost its grip on the 2,200 mark but the broader market was not as weak, indicating that underlying sentiment was still firm. Despite the recent interest rate cuts here and a
        Charts by Bridge Info; Source: Bloomberg  -  1,830 words
  • Page 19 Advertisements
    • 213 19 NEWS VALUE Japaa banks' praMaai baas ballaoa to 40 triWoa yaa (pg 1) Tokyo stocks likely to stay depressed but government won't allow a banking crisis. Tiaakla4 Sags ta saH assats aadar baak-appravad flaaadal ravanp (pg 1) Early days yet but more such withdrawals From overseas and impact would be
      213 words

  • Page 20 Advertisements
    • 1102 20 HOTEL PROPERTIES LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an ExtraordinaryOeneral Meeting af the slwchakfcrs <rf the Company wiH be held on June 22, 1995 at 4.30 p tn. immediately after the conclusion of the Fifteenth Annual General Meeting of
      1,102 words

  • Page 21 Advertisements
    • 240 21 *jKB M |i 4 il kuf Hp w^aj A tEII r J A IJI BP z!> >i yll B? 3 t^fl »1 UK I t iil With your banking needs taken care of, you get where you want to go quicker than anyone else "I JPRIMEk PRIME Account from Hongkpngßank
      240 words

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    • 18 22 HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. Business Times
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    • 835 22 BUSINESS T I_M__E_S TOLL-FREE TEL. No. 1-BQO-741-1883 FAX 741-1298 IN THE MATTER OF THE COMPANIES ACT, CAP.» AND LOH PtA KEE SONS (PTE) LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING Notice it hereby given punuint to Section 308 of the Companies Act. Cap.so thai Final Meeting of the Member*
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    • 17 22 I'm cm electrician. The Straits Times Classified brightens my business. CATJSc 1800-737-1166 Call Today For Results Tomorrow.
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    • 616 22 M THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF PILA ASIA TRADING PTE LTD (IN UQUDATION) Extract of the Minutas of an Extraordinary Ganaral Maating •ignad by tha Rapraaantallva of Holding Company ralatlng to Procaadings ot Subsidiary Company pursuant to Saction 179(6) of tha Companias
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  • Page 23 Advertisements
    • 101 23 UNIVERSITY OF MAsnxoFurasADMNsntAiiON Macarthur MBA (International Business) WBtsROGRAMME STRUCTURE 18-month prolamine ]K§M Designed far a better appreciation of international operations Conducted by the Unfvasity'j faculty, complemented by local academics H •'Executive Training Series' workshops to enhance participants' WSSNTERNA TIONAL FOCUS UM Syllabus coven political, cultural and socio-economic aspects in ■ragM
      101 words
    • 203 23 I Paris is now only six seconds away via the new Canon Fax-L6OO. i Whether you're faxing invoices to your headquarters in Paris or shipping instructions to your ware- A A house in Pasir Panjang, the new Canon L6OO heavy duty fax will despatch it in six seconds flat*. Even
      203 words

  • Page 24 Advertisements
    • 151 24 This announcement appears as a matter of record only. P.T. KIA SERPIH MAS Jakarta, Indonesia U5576,350,000 Financing for ceramic floor tile plant expansion Arranged by International Finance Corporation U556,350,000 Equity Investment Provided by International Finance Corporation U5570,000,000 Term Loan Provided by International Finance Corporation and through participations in the IFC
      151 words
    • 1 24 CATS.
      1 words

  • Page 25 Advertisements
    • 480 25 B With a worldwide team of 125 multi-disciplined B I professionals and a network of international offices, B 9 OCRA provides confidential and cost effective company B B formation in all the major low tax areas including: B I •BRITISH VIRGIN ISLANDS -CAYMAN ISLAND I 'IRELAND MAURITIUS JERSEY B •SEYCHELLES
      480 words
    • 20 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried Instead.
      20 words

  • Page 26 Advertisements
    • 34 26 The Sooth Korean slock market was dosed yesterday for Memorial Day. ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTRE POINT, #01-18/20 ORCHARD ROAD TEL 235 2536.
      34 words

  • Page 27 Advertisements
    • 208 27 What makes this clock The difference is unlike any other clock in the world night and day. H th r While »ome clocks claim to offer world time, only GEOCHRON shows ,s;■. 1 >|| a jti Ml.-til" you complete global time -in vivid colour. &«t, j Its everchanging, illuminated map
      208 words

  • Page 28 Advertisements
    • 48 28 Keq»i.stepwM. market trends Scoreboard Dataline 5-year price/volume charts 1 "Z ZL Daily latest SES/KLSE for SES or HKSE stocks -"1 V lIS P corporate news 42 Indicators >rH z Daily commentary Trendlines, moving <S»- Stock recommendation averages, etc I S HELLLL 6-year (ioancial Custom formulae m !=:SSmm statements
      48 words

  • Page 29 Advertisements
    • 74 29 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, von can prosper through a wide range ot investments. Local and foreign C uirencs lime Deposits. I nlixed lime Deposits. 1 on.i_n Currencies. Unit Trusts and morc.'just call our 24-Hour CitiPhone Banking toll-free on (I,SOU) 225-5225 lor your
      74 words

  • Page 30 Advertisements
    • 467 30 ?OL^^REETE^NoT^^B4riBB^^AXT74I-1298 ELTECH ELECTRONICS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of Eltech Electronics Limited will be held at No. 8 Ang Mo Kio Industrial Park 11, Singapore 2056, on Friday, the 23rd day of June
      467 words
    • 737 30 SlnQopoco Closing oijqjb nw low mm mmn nr ui irnran I mil lit u« ajm U4 to [VHtfj Mltai tJTI MM MTI IN mmuo 1M *.10 10 tor WWFWW u_i_i ~n 11 inn iji i-*r IJI 10 1 r r *r— mi «um m» mi Pubhthed by Jardine Rvning kaamtfonal
      737 words

  • SHIPPING TIMES
    • 525 31 Knight-Ridder Reuter TRADING on the freight market was again overshadowed by holidays in many major European centres and with a holiday in the p east yesterday, brokers described the start of trading as "stuttery." PANAMAXES: Little activity was reported on the major grain routes in the north Atlantic,
      Knight-Ridder; Reuter  -  525 words
    • 292 31 Knight-Ridder LONDON International shipowners are launching a campaign to raise pilot systems and safety standards in certain US ports to world-class level because they claim that the current systems and standards are hazardous to their ships, according to a report in The
      Knight-Ridder  -  292 words
    • 322 31 SES '000 Jun 6 S$ Vol CWT Distribution L 1.59 -0.02 23 CWT Distribution A—1.51 Chuan Hup Holdings 1.17 unch 154 Cosco Investment S 1.71 +0.01 1 Cosco Investment A 1.66 +0.01 13 Far East Levingsto 6.60 unch 95 GB Holdings Ltd 0.815 +0.005 8 Hai Sun Hup
      322 words
    • 418 31  -  By Rahita Elias SINGAPORE A Singa-pore-registered bunker barge collided with a Panama-regis-tered freighter in Singapore's port waters early yesterday morning, spilling iOO tonnes of fuel oil that formed a 2-km long slick along the island's coastline. Some of the oil
      Photo by Wong Kwai Chow of The Straits Times  -  418 words
    • 352 31 Bemama KUALA LUMPUR Malaysia will formally submit a proposal to the International Maritime Organisation (IMO) for the extension of the existing traffic separation scheme in the Straits of Malacca to cover a greater part of the strait. Transport Ministry parliamentary secretary Chor
      Bemama  -  352 words
    • 92 31 Bloomberg Business News BEIJING China's southern port of Shantou has opened a direct container shipping link to Hakata in Japan, and Pusan in South Korea, the official China Daily said yesterday. It said the new routes would help to reduce import and
      Bloomberg Business News  -  92 words
    • 196 31 SINGAPORE The threeday chemical logistics conference Marichem Asia *95 starts today at the Raffles City Convention Centre. The event, which will be attended by more than 100 participants from 15 countries, will be opened by Trade Development Board deputy chief executive David Chin. Organised by RAI
      196 words
    • 873 34 The yards have come out of the uncertainties of transition with healthy order books Lloyd's List POLAND'S maritime economy has finally emerged from the turmoil of economic transformation scarred, but not beaten. While it is true that the yards and ports have been helped by favourable
      Lloyd's List  -  873 words
    • 529 34 Page ABC Com 18 •ANL S •APL 14 Able 9 Accord 10 •Ahlers 8 •Ahrenkiel 6 Antaco 15 •Appenship 6 Arowana 17 Astro 10 Austral 11 Avant 8 B'tang Mas 14 BSA II BTL 18 Bangladesh 14 Batamindo 9 Bengal Br 17 •Blue
      529 words
    • 11500 42 rhis guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore fofawed by the ETA at the destination. The naar number refers to the location of the schedule advertisement cm ra um im 1 |ra SnmJBShJSSmmS&mmmmmhSmmmmJhI a>H 1 11/ M A I
      11,500 words
    • SHIPS IN PORT
      • 566 51 1NM Vty m Berth Wwl Departure Elaine 025 J6 alorigsde 0706/0500 Fawn 624 J15/16 alongside 07.06/1800 HHy 06/02/95 il alongside 07.06/0300 Hum Yun 27 119 alongside 0706/1200 Be 06/01/95 J9 atongsde 07 06/2300 Nan* 1 J4/5 alongside 07.06/0600 Onent Venture 17 alongs*)e 07 06/2300 fantaeymon Ltp 01/95
        566 words
      • 1335 51 RECEIVING Of EXPORT Fa CONTAINERS AND LCL CARGO Record B«eU«/Bata*e Ship Voy Wo Ett/Bto Nrtod From T» Frow Ac* Jade 241B 09/1100 2A 06/1700 07/0659 07/0900 4 07/1200 07/1459 07/1700 Aft MvacJe ***** 09/0500 28 06/1700 07/0659 07/0900 4 07/1200 07/1459 07/1700 Aft Pnde 0060A 08/0200 1A 06/1500
        1,335 words
      • 852 51 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        852 words
    • Air & Land Transport News
      • 444 52 Bloomberg Business News COPENHAGEN Scandinavian Airlines System (SAS) and Thai Airways International Ltd (THAI) have signed a cooperation agreement that includes code-sharing on all routes between Scandinavia and Thailand. Code-sharing allows one airline to sell airline tickets for routes that are actually operated
        Bloomberg Business News  -  444 words
      • 54 52 Reuter NEW YORK Rescue workers surveying the damaged New York Chy subway trains that collided on the Williamsburg Bridge on Monday. The molw'"" 1 of the second train (right) which slammed into the rear of the other was killed and 60
        Reuter  -  54 words
      • 275 52 AP WASHINGTON Boeing Co has won most of a longawaited US$6 billion (SsB.3 billion) contract to provide commercial aircraft to a Saudi Arabian carrier and McDonnell Douglas Corp will fill the rest of the order, Commerce Secretary Ron Brown said on Monday.
        AP  -  275 words
      • 254 52 Bloomberg Business News BEUING Volkswagen expects its China car production to double in two years. That is faster than the growth of China's car market and a big jump for a company already making 60 per cent of the cars
        Bloomberg Business News  -  254 words
      • 194 52 AFP COLOMBO Colombo's international airport escaped major destruction when a huge car bomb failed to fully activate, police said yesterday. Only the detonator exploded in the incident on Monday night and damage was limited to the van in which there was at least
        AFP  -  194 words
      • 322 52 UPI DETROIT No matter where they live, a survey says a majority of the world's motorists think alike by perceiving their cars as a source of pleaSure as much as a necessity. But the market opinion research survey of 2,580 people in 20
        UPI  -  322 words
      • 394 52 Bloomberg Business News WASHINGTON Rebuffing critics in the Senate, the Ginton administration on Monday signed an airline agreement with Britain that falls short of the sweeping "open skies" regime long sought by the US. The "mini-deal" is expected to
        Bloomberg Business News  -  394 words
      • 97 52 Bloomberg Business News MANILA US carmaker General Motors Corp plans to set up US$l billion (551.39 billion) car plant in Subic Bay, a former US naval base 50 miles north-west of Manila, newspapers here reported yesterday. Quoting Board of Investments Director Rosario Estacio,
        Bloomberg Business News  -  97 words
      • 89 52 Reuter DUESSELDORF The Association of European Economic and Financial Press said it had voted German car maker BMW "Company of the Year". The UPEFE said in a statement that BMW had won the award because of the high quality of its products and services. Its takeover
        Reuter  -  89 words
      • 128 52 AFP SYDNEY Australian air safety officials yesterday probed a near mid-air head-on collision between a British Airways jumbo and a Qantas 737 passenger jet. The incident, described by one aviation source as a "serious breakdown" of safety procedures, is being investigated by the Civil Aviation
        AFP  -  128 words
      • 91 52 AFP MANILA Philippine Airlines said yesterday it has entered into a commercial alliance with Canadian Airlines to develop joint services between the Philippines and Canada. The two airtines will jointly offer flights between Manila and Vancouver starting late this year, officials of the two
        AFP  -  91 words
      • 284 52 Reuter MANILA Security gaps at Manila's international airport are being tightened after the US said it would cancel flights from the Philippines over the issue, the airport's general manager said yesterday. Guillermo Cunanan told a Manila television station that concerns over a militant
        Reuter  -  284 words
      • 1401 52 AIRCRAFT ARRIVALS DEPARTURES an mm ro mm n» Ma BhaM OK 156 1735 GA974 0020 GA964 0310 SQ442 2000 piggy aoao SQ227 2030 fc— RJ182 1440 RJ183 2210 In i KL843 0456 KL832 2300 GA893 1310 SQ632 2355 KL837 1450 ***** 1565 AmMM* NZ21 1820 NZ22 1940 SQ268 2060 SQ285
        1,401 words
  • Page 31 Advertisements
    • 47 31 Drager sa SAFETY EQUIPMENT l|9t J (SOLAS APPROVED) PASO MARINE 1 Specifically Designed Breathing Apparatus For Maritime Appltcauoca HIGH QUALITY* HIGH PIWOftMANCE HIGHLY AFTOftDABU Draeger South East Asia Pte Ltd 67 Aver Rtiah Croceni #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING
      47 words
    • 15 31 Polish shipbuilding weathers storm: Page 4 Thai Airways and SAS sign code-sharing accord: Back Page
      15 words
    • 397 31 WEEKLY LCL TO: I I •algeciras Laspalmas I I .Barcelona Madrid Bilbao •Tenerife ffl ill •Ceuta Valencia HI HI Bral ISM Training Course From July 19 to 21. In its resolution A 741 (18) of 4 November 1993, the International Maritime Organization (IMO) adopted the International Safety Management Code known
      397 words

  • Page 32 Advertisements
    • 564 32 I Message front m Message from m ZIM ISRAEL NAVIGATION Co. Ltd. a public company I I ZIM LINES' Hong Kong Regional Office Star Shipping Agencies (S) this year. With over 4,000 employees worldwide, ZIM is today I The lost few decodes hove seen <"?«<■ specio|I year for M/S Stor
      564 words

  • Page 33 Advertisements
    • 600 33 ng Times, Wednesday June 7 1995 ——^mmmmmmggHHy—^jgy—■■■■■ I S-SjijS I I I aiIIHHHH SAMUDERA INDONESIA (S) PTE. LTlb. C P HoldinQS Pt© Ltd I 15, MCCALLUM ST^^"°|^ NAIWEST CENTRE 46 PENJURU LANE SINGAPORE 2260 TEL: *****81 FAX: *****39/*****36 TEL: *****11 (15 LINES) FAX: *****00 I I •^Xv ?:J IB ll£l
      600 words

  • Page 34 Advertisements
    • 1363 34 1 I OTHER DESTINATIONS I I NORTH AMERICA I MRKCT CALL TO WEST COAST OCX) WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) SINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) 1 SSS |rn 'I rfl* f U"" 0* '"w* ISU Ml HOUSTON CMC «T MGKO wEI |yr T T 'Wf™| WE*!
      1,363 words
    • 210 34 Lints and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National \9»i wj) Shipping Association. v'w/ 1222 for advertising enquiries, contact Shipping Times; Tel 740-2089 > CENTAURUS *B I ARIEL V* Rdm<Arw/UK/ifc*Mes I CANALP 20/9 25/S Rdrrv Atvy, I loth E>W. Mrioyils. Mwiia M I Lowing
      210 words

  • Page 35 Advertisements
    • 820 35 FOONG SUN Y SHIPPING (PTE) LTD MOLESALE CENTRE, BLOCK 1, #05-10 SINGAPORE 0611 jooMwmmuMH (1S LIME#) AX: *****16/*****25 rLXx W*****0/***** F66HIP ESSa VOY ETA ETD DESTINATION UN RAY IIK 1M IM MM™*™ EE MAX I M 6 1M 17/1 PONTIANAK/SINTITE MNUAKU V* 1M IM KN6KULU^AOAN6 UFKHAUO 11/K M IM MNUAKU
      820 words
    • 612 35 JEDDAH/UK/CONTINENT ssr" srrsa ■UOTIMMAJBS ii/» «/M */w «/g i ir«»» [a U as "f w ss ss MEDITERRANEAN (MED CLUB)* sssi™.™, fwl 1 as as Ssas JSJ ss as as as TO: AUSTRALIA VBSa/VOT f/BUNB J* f* "f" MMAMUBA lIS M/M M/M U/M VL/U M/M NMSAIBMMm 11/ M 11/W M/M
      612 words
    • 770 35 OHANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 SALES TEL: *****30-233 DOCUMENT TEL: *****71-275 HMVM. rSTI UNEHAUL SEA YVR POX FOR VS. M LME HAUL W U W HANJM ELIZABETH BIK M OWECT ZM 3M 1/7 IRENES HORIZON NX M H ASMC2E WWW HANJM KAOMMM B2K IM DMECT V 7
      770 words

  • Page 36 Advertisements
    • 983 36 Kssa m smstfott jbxwi mr souimmon hmmuk mttbmm urnm hiwk mrworoM &0B JLi M M M M aao M ua M WUMUKORBS 02/123 15/4 1/7 V? J2 12 Hi wrn \m _M uzm "P W~~ —g a——Ml— twwwiaamss M XL $2 M Ha ?Vl VI 10/7 11/7 Sfl 'V 7
      983 words
    • 1000 36 I NORASIA UPGRADED WEEKLY SERVICE WITH FIXED DAY SAILING and IMPROVED TRANSIT TIME 10 LA SPEZIA. BARCELONA. VALENCIA. KOPER. VENICE. ANCONA. GEMLIK AND IZMIR FOR MORE DETAILS/BOOKING, PLEASE CONTACT. M/ 3 TAW SEOW CHUAN S-TOK GENE*AL MBIT: NORASIA AGENCIES (S) PTE LTD ALSO ACOBPVMG La TO: TIL ITIOMI FAXi 4750M0
      1,000 words
    • 620 36 I > msussmmsßrni JAPAN/HONOKONO/BTRAITS REGULAR SERVICE -J LOADING FOR PORT KLANQ/PENANQ VESSEL VOY I S PONE I P BUIMMM |M IP« APOLLOMTII 1 HO MPT <• LEVM Jll_ HP SU» MPT owßrvßmwi IT MPT CHUMKUAN I MPT W*i !B QUEEN SEIKO I mfT WW COSNTY 11 MJUN MJUN I»JUN J
      620 words

  • Page 37 Advertisements
    • 913 37 MM STRAITS SHIPPING PTE LTD rnamm 11 Mm CkiMl Ma 4 #11-tl Kopp6l Towwt «<»Wf Ttl: 225Q75S Fax: *****17 SJwShon co> camo due uu Bgyy ttMnSMPf VMM Km.Lit.a E** Rtiac«inMMHunuuwmTDMNiiwtiwt CiNMM WHE Mm, LA IK 17-MJM MJm I«Jm CJNA6AB-22 VHIKKK.aM.ttM IMJ*« P*Q SERVO MO* STMfTS VBfTUK VMIIE KK. ta. OMmiwiM
      913 words
    • 1934 37 IXXyif I^AIlt 1 1 IIPfC P&O Containers (Singapore Agencies) Pte Ltd I llvlj 10 Hoe Chiang Road, *07 01 keppd Towers, Singapore 0208 Class Connections WORLDWIDE .nZßSamnn j v ag ag —liN aoo ant hot mam oot aw lcm vcmcl voy ant oot hot ham ana aou lbh alo jb>
      1,934 words
    • 470 37 I I I I OUTMOUMP PKL PBI JOW SM MB M 0 M B Til HI Wj J®? ogt_ JMJ_ MMWMB I7M MM MM 10-11 M MM MM MM «j I 9E--E*L -55L MAMHM222MH* MM MM 11M IMIM 17M IMI MM OM_ _MM_ J7M _MM 1 I j=- MMIHM2I3MM4 ItM
      470 words

  • Page 38 Advertisements
    • 976 38 I EUROPMM/BCANDINAVIA/FINLANO/RUSBIA I ■ikomukhii XI M t? JT v?" in tmaaw S S S *St I I r nirrnrnlw 17* vj %n 11/7 1/7 12/7 I. GUIDE RE-664 21* 23* 22* 25* 1M I f BfStT liS IV7 Wt 5/7 18/7 15/7 E GIEAMYRES6S 75* 31/5 2* SM 17* IM
      976 words
    • 626 38 IPBWWaUUBCTVICg VOY MfM MU OMN MM KWT MB m«« 25! IMI IMI MM MM MM os 2 c7n <«* mm am j%m vm vm vm b&jou* L*2 K mm mm m BM-tnw tim mm wr 11*7 12*7 12*7 im? TO MM. IHMMt. <ML W* PWM, MUtCOT UK MtUMj MM BIMD
      626 words
    • 472 38 m RICHFWLD MAMNE AQENCC9 (8) FT* LTD UTEL: *****93 (IS UNES) FAX: *****19/*****09 r TELEX: R9 ***** RMWF (3 Un*) OR NOi **********0E ACCEPTING FCL AND CONVENTIONAL M Vor Fa |L»«n>fcr B»na i 4MB «W7 s?*" fcyot 41WB 10A36 ra HiKIENHUNQLINCI FULLY CONTAINERISED REGULAR LINER SERVICE I ACCEPTING BOTH FCL/LCL
      472 words

  • Page 39 Advertisements
    • 1487 39 «HWm itHtnl4|Mi 1U (tmrnnl): ttlim PUP*IL....-*. iSZLZtL a* 4Mtmt c—ttittr *tstTll I COSTAR SHIPPING FTE LTD 'r£gSm&2S m cTrZ'..TZ»% e sw VoZSZ*. ggSmr«M7M XXwtHmm r&SSm"""* m-momm \\\r,\\£ MLZZLTE Wtfc KH JOMOOf OFFICt Ft* muu fu:tMim atr m> m-mtm-M cot tar mi tent too out. M l 7 SUtIU/117 Fu. n-totoin
      1,487 words
    • 480 39 (fe FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPOfIE 0106 gr HOT LINE: *****33 (30 UNES) GOTHENBURG/SCAN 12/06 ROTTERDAM 12/06 AARHUS/COPEHHAGEN 12/06 HAMBURG/BREMEN 09/06 MARSEILLE/FRANCE 13/06 FEUXSTOWE/UK 01/06 BARCELONA/SPAIN 09/06 LEHAVRE/FRANCE 09/06 GENOA/ITALY 10/06 ANTWERP/BELGIUM 09/06 LOS ANRFIES/WC/IPI 09/06 SYDNEY/MELBOURNE 08/06 NEW YORK/EC 09/06 FREMAWTLE/ADELAIDE 09/06 VANCOUVER 09/06 BRISBANE 08/06
      480 words

  • Page 40 Advertisements
    • 996 40 2c MMpwwnjjjjjSjSjjjSSßjß [vessel voy SIN jkt [vessel voy wy L VWABHUM 134S W.C I 14/7~ KOTA JADE JAOQ7I «jg Fh M ?L VOY 25 BHATRABHUM 82S Tu. IV6 Frt 16/6 BUNOA SEROJA 5066 "g Z£L_ M MOM W*l IN PT S« 10/6 j WANA BHUM 2803 V»«d 1V» M 17/8
      996 words
    • 760 40 7S ANSON ROAD, *21-01, SINGAPORE 0207 TEL: *****92 FAX: 22S1SS7 CR **********0N 'i l Mmrr-n miapj T PInW >>W WBIWWH* PORT KLANQ I PENANQ SEALAUREL ~394N o*o6 THU Q9O6FRI 1 LHOTSE 5033 0706 OSQ6FW EAGLE BREEZE 207 A OBO6THU 1006 SAT U XOURJAYA ***** OftWFRI 1FARO ***** 0906F81 11*)6 SUN
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  • Page 41 Advertisements
    • 509 41 bsa jTllr MYANMA FIVE STAR LINE (llvaaisar Natleaal Uaa) I w Loading far Yangon (Rangoon) I t>M P m w f"• I HAMLARYBK VBBW HI I PA6AMY22BW SID MYOMAYWA VIMW IMS I MALAYSIA A6ENTS: 80USTEA0 SmPfWO I 8* TO cIJ-MIMII P80: Til K-17W1Z321/4 I TmgL NIGERIAN NATIONAL SHIPPING LINE I
      509 words
    • 620 41 SS»BM PACIFIC INTERNATIONAL UNES (PTE) LTD 140 OdStraot. #03-00 PIL BuWnfl. Slngapom 0106 CR NO: **********CE I TO PORT SUDAN, ASSAI AND ADEN EVERY 10 DAYS TRANSIT TIME -15DAY$ r TOPZU,13MYSTOASA,12MYSTOADEN SEE QUI NEXT SCHBOLE 0> 001 US K» DETAILS —3X3 ir~r: HJij mm H VESOEL JJOV MR TMJI "J
      620 words
    • 761 41 **********0Z \>T—l9 yQY "ST" I£HAMWE lIAMBUWQ TWMBB ROTTERDAM ANT¥«RP VJ-EOCSAOfTTA 80SVi 12AM 08/07 OMIT OT/OT OBOT OSOT mllepaousa nam i6*os kvot 12/07 Unr iw ie/j7 vn£tmrwu hosw ttxx Isot aver av 23*07 awn Vt-Lg DE LYRA ~YO9M 04/Q7 2&Q7 27/07 29*07 30*07 31/W ALSO ACCEPTING CAAQO TO ALL U. K.
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  • Page 42 Advertisements
    • 53 42 lITVISA FREIGHT SERVICES PTE LTDQ Established Since 1984 mm OCEANIA PORTS regulS q&prAflß SStaHW AUCKLAND SYDHEY nJfrmr I f FXPhRT BRISBANE INTOKI I r CArcmi MELBOURNE FREMAMTLE ICMtX FOE BOOKING SAILING SCHEDULE. CALL THE TOTAL TBAnSPOSTATHMI PEOPLE VHA rEEXUTT SERVICES PIE LTD VISA LCL COnSOLPTCLTO TOLL-TEEE TEL: 1800-*****66 TOLWREE TEL:
      53 words


  • Page 44 Advertisements
    • 1476 44 IT"" ASAQENTS: "K" UMItIMQAPOHg) PTI LTD (CT«Q:ttM>I.MH«IfIIT«BMaMMW73»6| K W TEL *****77 TELEX KAWAKIRS23I66 FAX *****16/7rtJ/9 1A V W m.T MALAYSIA- T LINE MAHmME (MALAYSIA) MM MO 1 |J 1 W4j TH_SA *****00 PK *****75 PEN *****20 J6 *****01PGU *****256 NDONESIA: P.T. SARANA LAUT »l I—IUIA. TBj JKT *****08 f ixxhit
      1,476 words
    • 1346 44 AMERICAN PRESIDENT LINES, LTD. I> KSPPEL WOAO *02-01 JT POH WJUMMQ BXGAPORE OBQB MAH UNE 11 (Will n f*TTP"P» 225-1225 MX 281-062 6AQLE VOICE: 381 KM CFB 27MWT~ TO NORTH AMERICA CANADA WEEKLY CONTAJNEMZKD SERVKX j faa*Jai? laisTgMg* OOCIEXCVTM VtK MM -Ml mm 52 S-Z 'bbmibi nm mm mm nm
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  • Page 45 Advertisements
    • 596 45 (AWniY-OMOaMMMIYVML) Official Afoot oh CMhmOP (SEA* AIRFREIGHT) MTWNATIONALI SPfOmON fHAiWUWE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETD ETO coi nwn 13/06 16/00 CNrrTAQONO I#/0 CALCUTTA ISAM 10/06 BOMMY/MW OCLHI ISAM 16/06 KARACHI 19/06 18/06 r— 12/06 16/06 USA/EUROPE btd rro (MA (ALL MLANO NMT| 18/06 16/06 NMN (ALL BAM
      596 words
    • 1606 45 \J^| WeeMtoyd NIL roSARIO/5302 eta Port Kelang 12/6, Spore 13/6, Damietta 27/6, La Spezia 2/7 Nedllayd Lines 8 CR **********0R ir Mi (F) Ski Plig m Sou UN 6M A«f* Mil RM(2) UN PNg 6/6 6/6 9/6 6/6(F) 29/6 30/6 24/6 25/6 27/6 NLL HONSHU /4205 14/5 17/5 18/5 20/5
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    • 316 45 W SUNSHIP AGENCIES PTE LTD 20 McCaHum Street §16-01/03 Asia Chamber* Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R Y.S.N. LIWEM.IJJIII.I.BI.I-J.I.IIIM.I.IUI.I.IIAIJJ.ILi-i-IJJJUJ mm MY I HMWOIIS WMNK f fBJm PfIWHC IB TU mm OrtwWlwrtw «"> mm n SJ3SI ItSffll JfclK n— !fc2Zfl tt2M afifi LTxlm- IMM
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  • Page 46 Advertisements
    • 1221 46 ■EaßßHsaaaa MAERSK ENHANCED SERVICE TO EAST COAST SOUTH AMERICA TABLE BAY V.5594 ETA SIN 12TH JUNE 1995 r*" 5 I™ DESTINATIONS 1* MMAMA NMI wMk lIH §11 UNO VJW MACRBK LONG BEACH VJ6O4 ■KB WBi HMIH ATI. BAL CHS CLZ U» _KVC_ _OAK_ P* Jgg_ lluin» in iv» ims arm
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    • 365 46 XSm PHILI-OtIKNT V* UN€S PT€ LTD TEL: *****00 (16 UNES) FAX: *****70/*****38 cm COOBr 10—7—OOOOM SfJjf KOUNQOS-TBTSM IBYDNS>S3oUWtBR!sBANrFREMANTLE 15JUNBJB AUCKLAND. WEUJNQTON, LYTTLETON, 12 NAPgR,CHHBTCHURCH. NEW PLYMOUTH "j 12JUN^| I ROTTERDAM, HAMBURG I ANTWERP, ALL EUROPE. POLANODESTMATIONS 12JUN*| AMD CENTRAL SOUTH AMERICA PORTS MNL 11 JUN^J 11 JAKARTA I BANGKOK. P.
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  • Page 47 Advertisements
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  • Page 48 Advertisements
    • 173 48 Mfapora Soviet Shipping I jjffi Co. Pta. Ltd. CR HO: 10Q*****000N BOMMY/COCNW E£ mt 55 ooc KOTA MUTUM MUTOM J*" MAMASLU D| QMI M.RUMNO MNHM MM ISMS MAOkOHY MM mm HOCMMMNHAMIPHONG mSSL 555 "ST"" MCM 4 SAILINGS PKR WEEK TO rmrtrr. it. ktchmvm. okw. iltkhivu. vudivottok W pn« Ql BOTL
      173 words
    • 107 48 SIM FAR EAST 13/6 KEELUN6/KAOHSIUNG 11/6 BANGKOK 11/6 MANILA/CEBU 9/6 JAKARTA/BELAWAN/SURABAYA 12/6 PORT KELANG/PENANG/E. MALAYSIA 11/6 BUSAN 11/6 TOKYO/YOKO/KOBE/NGO/OSA 11/6 HONG KONG SIM CHINA (+B#±*«n) 11/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGOAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 13/6 LDIYFLX/LVP/SOU 13/6 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech SIM USA/CANADA 12/6 LOS
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  • Page 49 Advertisements
    • 288 49 IQWTWH/Wm IIMUMI: F. MMBMFWE sta m Smb. vov mmqumnq vov mnqapom KUALA OMK V ***** 07/00 MMD| 4090N 07/00 (WED) KUALA OMK V 4001S 00/00 THU) 4001N 00/00 IF** KUALA SMKV ***** 10*00 BAT) 4000N 11/00 N* NUALA OMK V ***** 10/00 MOM 4003N 13/00 TUB KUALA SMK V *****
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    • 584 49 sa 'CALIFORNIA PEGASUS 31' II B II ARRIVING LOS ANGELES 01/07/9S IN 16 DAYS I I fwirfc I AEX: 'NEPTUNE DIAMOND 26E' ETA SGP 14/06/95 H ARRIVING NEW YORK 01/07/93 IN 23 DAYS 11 VOT UH LOS o**~ ATI "ccp HOU I MEN IWD TOt ANON** CAI#Q«NU SAH*N 74E M
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  • Page 50 Advertisements
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  • Page 51 Miscellaneous
    • 122 51 i REQIOWAL WEATHER UMNO; RThundmiorm Juim Weolher _X Wind direction with sp««d" knots V r£?-«- o. Wov# h *fl hl 4 Ooudy Sky »—i MA t-. .1 .l J JWiWW w»WI WW RIQImiTM Iry InVW fly wnn tnf WWVQ ©On.fu. crct* represents calm or Ight and variable winds i_» On*
      122 words