The Business Times, 16 June 1995

Microfilm: NL19994
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    9 1 BUSINESS TIMES weknow\slA MITA(P) 194/12/94 Friday June 16 1995
    9 words
  • Article
    Lock icon Dow up 24.9 points
    52 1 Reuter NEW YORK Blue-chip stocks rose yesterday to push the Dow Jones Industrial Avenge past the 4,500 mark. At Ipm EDT, the index was up 24.9 points to 4,506.74. In the broader market, advances led declines by a slight margin on a volume of 177 million
    Reuter  -  52 words
  • Article
    Lock icon Clinton vows to make progress on car talks
    41 1 Bloomberg Business News HALIFAX, Nova Scotia President Bill Clinton arrived yesterday for a meeting with leaders of the G-7 nations vowing to make progress in opening the Japanese car market to US companies.
    Bloomberg Business News  -  41 words
  • Article
    Untitled
    151 1 Thanday dunce STI1 2,153.79 +15.56 KLSEComp 1,058.44 8.47 Nikkei 14.867.26 +206.77 Han* Seng 9,262.00 -102.77 SETlndex 1,381.57 -6.31 Jakarta Comp 417.27 -2.05 Manila Comp .....2,782.69 -27.97 Taipei WPI 5,360.09 -53.65 Seoul Comp 880.92 -5.6* Bombay BSE30 ..3,318.66 -6.20 CLSA China B 788.42 -2.66 AwtAllOrd 1,961.1 -5.4 FTSE 100 3,370.0 30.2
    151 words
  • Article
    Sukamto takes Parkway ambition to shareholders
    687 1  -  By Conrad Raj Catherine Ong SINGAPORE Indonesian businessman Sukarman Sukamto is conducting a public campaign to get onto the board of Parkway Holdings by rallying other shareholders to question the company's decisions on a range of matters. Mr Sukamto, 37, through his private firm,
    687 words
  • Article, Illustration
    Lock icon Govt, private sector to discuss ways to keep S'pore competitive
    250 1  -  By Claire Leow SINGAPORE Government agencies will meet private sector chiefs -next month to discuss how to deal with competitive pressures, Trade and Industry Minister Yeo Cheow Tong said yesterday. Issues to be discussed include the strong Singapore dollar and
    Lianhe Zaobao  -  250 words
  • Article
    Dresdner makes a bid for UK's Kleinwort Benson
    401 1  -  From Neil Behrmann in LONDON DRESDNER BANK, Germany's second laigest bank, is making a bid for UK merchant bank Kleinwort Benson. Dresdner said that the cash bid would be based on the current market price of Kleinwort, a prestigious bank with a
    401 words
  • Article, Illustration
    YHS appoints Ng Teng Fong's son Robert as chairman
    384 1  -  By Genevieve Cua SINGAPORE Beverage group Yeo Hiap Seng has appointed Robert Ng Chee Siong, son of property tycoon and YHS' controlling shareholder Ng Teng Fong, as its non-executive chairman. Market speculation on the appointment had ranged from Robert's brother Philip
    384 words
  • Article
    Japanese agencies prop up Nikkei
    442 1  -  Index earlier threatens to plunge below 1992 low From Anthony Rowley in TOKYO JAPANESE government agencies were forced to step in and support Tokyo stock prices yesterday when the Nikkei-225 average threatened to plunge below its 1992 low of 14,309. This lifted prices for a
    442 words
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      188 1 6 ■'aHEH y port News 2 rporvtfM 1120 tapowl News 34 Fmncal 24,25 NvW News 18 17 OBMOSE. SES 2S-30 (Mtrat 16 Hqjuml 26 Sorts 12 *or¥ 27 TV/bfcstyte 13,15 Curencw 24 tMmi 9 SmmJCmmo „24^5 Ttf 1800-*****77 Fa *****75 ■T NmmM W *****18 Fa *****71 m Keppel Bank s
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      Page 1 Advertisements Column 2
      35 1 Advertising: pg 9 The fair route to sales More reports, Pg 19 •Parkway sticks to its guns on healthcare Profile of Sukamto: market mover and shaker t Business Times goes P" 1 on the Internet
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      14 1 Hock LbckSiew: Pg 19 Tough times for CD-ROM drive makers HP honoured, Pg 2
      14 words
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      Page 1 Advertisements Column 4
      70 1 Bottom Line: Pg is Tokyo's ailing banking system MIKIMOTO The Originator of Cultured Pearls Since 1893 101 22 TangNn Shopping Centre, Alfred dun hill— I Wjm J*! lif I R^xlW 1 p y >;* \T 9 F&M N -v Juniil Londinium U C/OMUC tfrM*A dee&a twfrnct/ <* </\ #W WUJJ*//.
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon April's GST collection hits $99.5 m
        258 2  -  By Ven Sreenivasan THE Inland Revenue Authority of Singapore (IRAS) collected a net $99.5 million from the Goods and Services Tax in April this year. This is almost 14 per cent more than the $87.2 million it collected during the same month last year,
        Source: IRAS  -  258 words
    • Article
      SPH launches electronic information service on Internet
      292 2  -  Reports by David Mok SINGAPORE Press Holdings has made its first foray into doing business on the Internet with the launch of its Asia One information service yesterday. The service is essentially a "site" or point on the global collection of computer networks
      292 words
    • Article, Illustration
      Lock icon Business Times goes on the Internet
      267 2 BUSINESS Times will be available in electronic form from today on the global computer network. Internet. By noon (Singapore time) each day, almost all of BTs Asian news reports, opinion columns and feature articles can be accessed by Internet usW ide whom are in
      Photo by Arthur Lee  -  267 words
    • Article
      Heng Mah selling A$28m Aussie commercial property portfolio
      279 2 LOCAL contractor Heng Mah Construction is selling its A 528.5 million (5528.7 million) Australian commercial property portfolio to concentrate on the residential sector. A company official told Business Times yesterday the company has already sol<J a fully leased office and retail building
      279 words
    • Article
      More markets for Passages
      58 2 ASIAN Frequent Flyer will launch its Passages programme in South Africa and the Middle East soon. The company, which operates a frequent flyer programme for shareholder airlines SIA, Cathay Pacific Airways and Malaysia Airlines, also announced yesterday the addition of a new partner category two car
      58 words
    • Article
      New phone system at German centre
      87 2 DEUTSCHE Telekom Asia has installed a $2.3 million shared PABX ISDN service at the new German Centre for Trade and Industry to serve more than 100 German companies. The system provides advanced services such as voice mail and desktop video conferencing. The PABX is
      87 words
    • Article
      Need for balanced approach on pollution
      55 2 MARINE pollution has beopme a growing problem in recent years, with land-based sources contributing about 75 per cent to it, Parliamentary Secretary (Foreign Affairs) Yatiman Yusof said yesterday. A balanced approach was required to tackle the problem, he told participants in a conference on
      55 words
    • Article
      Castrol breaks ground for Jurong plant
      124 2 BRITISH lubricant maker Castrol yesterday broke ground for a $33 million plant in Jurong, which will be its Asian supply base and technical support centre. The plant, able to make 60 million litres a year on a single shift, will come on line by
      124 words
    • Article
      HP honoured for role in developing S'pore economy
      318 2  -  By Claire Leow HEWLETT Packard Singapore was honoured yesterday for its contribution to the Republic's economic development. The maker of measurement, computing and communications equipment received a Distinguished Partner in Progress Award from the Economic Development Board. The award was presented by
      318 words
    • Article
      Singapore firms tight-fisted about incentive travel: survey
      309 2  -  By Agnes Wee SINGAPORE companies offering incentive travel to their staff appear to be more cost conscious than their counterparts in other Asian countries. According to a survey, about two-thirds of the Singapore companies polled typically spent less than US$6OO (SsB34) per head.
      309 words
    • Article
      TDB events to raise local businessmen's interest in India
      300 2 THE Singapore Trade Development Board (TDB) will present a series of India-related business events next week, against a backdrop of a nearly 20 per cent jump in trade between the two countries in the first four months of this year. TDB
      300 words
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      500 2 vAAff 111. North Bridge Road, Level 11 wSr n wRf Peninsula Plaza, Singapore 0017. fcfa (65) 336 6577 Fax: (65) 339 5291 You may have been unable to get your Business Times, «StraMs'fip^^wn4ayTiii^iißnHeZaoteoandett)a[' daily newsstand bee 1800-749-2577, and ask for home or Stop Business Centre A PRIVATE EXTENSION OF THE
      500 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Vietnam beefs up air power with six Russian planes
      458 3  -  Reports by Harish Mehta in HANOI VIETNAM has bought six advanced Russian-made Sukhoi Su-27 supersonic fighterbomber aircraft in a US$lBO million (SS2SO million) deal its first major arms purchase in over three decades. The recent delivery of the sophisticated aircraft is
      458 words
    • Article
      Vietnam takes delivery of overhauled MiG-21 engines
      204 3 VIETNAM has recently taken delivery of four MiG-21 fighter aircraft engines that were shipped to India for overhaul. The engines, belonging to Vietnam Air Force, were overhauled by Hindustan Aeronautics Ltd (HAL) in Bangalore, India. The initial deal between Vietnam and India is
      204 words
    • Article
      Lock icon 4 S-E Asian nations to cement pact on joint ventures
      262 3 Bernama AP KUALA LUMPUR Four South-east Asian nations began a meeting yesterday to cement a two-year-old pact aimed at promoting joint ventures in their territories. The three-day meeting of the Philippines, Indonesia, Malaysia and Brunei is also expected to approve
      Bernama; AP  -  262 words
    • Article
      Manila rejects US$1.54b power plant bid by Cepa
      504 3  -  From Al Labita in MANILA THE PHILIPPINES yesterday rejected a US$l.54 billion (552.14 billion) power plant tender bid by Hongkong tycoon Gordon Wu because of his company's links with banned US firm Westinghouse. The rejection came after Mr Wu's firm, Consolidated Electric
      504 words
    • Article
      Lock icon Indon parliament approves cut in military's quota of assembly seats
      226 3 AP JAKARTA Indonesian lawmakers yesterday unanimously approved a bill to reduce the number of seats reserved for the military in parliament from 100 to 75. But the political role of the pro-government military will remain unchanged despite the reduction, John
      AP  -  226 words
    • NOTE BOOK
      • Article
        Lock icon Alatas admits Blast Timor rights abuses
        79 4 AP DILI Indonesian Foreign Minister Ali Alatas on Wednesday admitted rights abuses in East Timor, ruled by Indonesia since 1976, but said no country is absolutely free of human rights violations. "We do not need to hide our faults or weaknesses," Mr Alatas said
        AP  -  79 words
      • Article
        Lock icon Viet ex-prison to become tourist resort
        70 4 Reuter HANOI Former prison islands oflf Vietnam's southern coast will be turned into a tourist resort if a memorandum of understanding signed by a South Korean company comes to fruition. Official newspapers reported that a South Korean company called PMC Jinwon signed the MOU
        Reuter  -  70 words
      • Article
        Lock icon Indonesia to raise newsprint prices
        72 4 Reuter JAKARTA Indonesia will increase local newsprint prices to stimulate production in the face of critical shortages, Antara news agency said. It quoted Industry Minister Tungky Ariwibowo as telling a seminar that current prices agreed between suppliers and customers and due to expire this month
        Reuter  -  72 words
      • Article
        Lock icon Chinese marker at Spratlys blasted
        67 4 Reuter MANILA The Philippine navy has blown up a Chinese marker in the Spratly Islands in a signal to Beijing it will not allow intrusions into areas in the South China Sea claimed by Manila, a military spokesman said yesterday. The concrete slab was found
        Reuter  -  67 words
    • Article
      Lock icon Thai economy needs cooling, says government agency
      219 4 Reuter BANGKOK Thailand's economy was expanding too fast and action was needed to contain the side effects of the boom, a senior official of a government economic agency said yesterday. Widening trade and current account deficits, rising inflation and high interest rates were
      Reuter  -  219 words
    • Article
      Indonesia races to wrap up regional telecoms contracts
      506 4  -  From Leslie Lopez in JAKARTA INDONESIA is likely to announce the winners of its regional telecommunications contracts worth billions of dollars next week, said a senior telecoms official yesterday. Officials are racing to wrap up protracted negotiations with contract bidders after fears
      506 words
    • Article
      Lock icon Indonesia's small textile firms hit by rising costs, competition
      377 4 Reuter JAKARTA Indonesia's downstream textile industry is being hard hit by rising costs and overseas competition, with many small and medium-scale companies facing bankruptcy, industry watchers said yesterday. Farid Akman, representing parliament's Commission on Industrial Affairs, was quoted yesterday by the
      Reuter  -  377 words
    • Article, Illustration
      Bumiputra share guidelines sometimes fine-tuned: Rafidah
      451 4  -  From Ho Kay Tat in KUALA LUMPUR GUIDELINES set by the Malaysian government on the allotment of listed company's shares to bumiputras are sometimes not adhered to, said Minister of International Trade and Industry Rafidah Aziz yesterday. In such instances, the guidelines are "fine-tuned"
      451 words
  • Page 3 Advertisements
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      35 3 I I You're having this really interesting conversation when some guy you've never seen before walks into the room. And suddenly everybody stops listening to you and looks at him Some cars are like that.
      35 words
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      33 4 AVAILABLE AT TAKASHIMAYA DF.f'T STORM, I.EVF.L I IMF NS OUT). TAKASHIMAYA REST BASEMENT I ICAMERAS DEPTI SWAROVSKI TRADING SINGAPORE PTE LTD 2. At EXANDRA ROAD. »I|M)| DELTA HOUSE SINGAPORE (HIS TEL 271 0707
      33 words
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      620 4 TOLL-FREE TEL. No. 1-800-~741-1 883 PAX:74I-1298 j OFFICIAL NOTICE We, SINGAPORT CLEANSEAS PTE LTD of 460 Alexandra Road, 40th atoray PSA Building, Singapore 0511 hereby give notice that in consequence of change of ahlp'a name, we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant
      620 words
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      155 5 Specification* may vary aomrrtmg to country The new Saab 900 Cabriolet. a Rbr those who have everything but allow themselves the indulgence of something more. The new Saab 900 Cabriolet is indulgence in its purest form. More than just a vehicle, it turns driving into a journey of the senses.
      155 words
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  • CHINA /HONGKONG /TAIWAN
    • Article, Illustration
      Lock icon Dunn leaving Hongkong to settle in Britain
      468 6 Reuter AFP Bloomberg Business News HONGKONG Hongkong's most famous woman, the only Hongkong Chinese member of Britain's House of Lords, announced yesterday she was leaving the colony and settling in Britain. With little more than two years to go before the handover of
      Reuter; AFP; Bloomberg Business News  -  468 words
    • Article
      Lock icon Taiwan investors keen on China: survey
      264 6 AFP TAIPEI Most Taiwan investors on China were optimistic over the profitability of their operations with 71.5 per cent planning to increase output, a survey showed yesterday. Among the interviewed 1,000 companies in the manufacturing sector, 30 per cent also said they would pour
      AFP  -  264 words
    • Article
      Lock icon Bidding on one of HK's choicest sites begins today
      415 6 Bloomberg Business News HONGKONG Bidding on one of Hongkong's choicest pieces of land opens today, in a contest to determine which of the territory's biggest real estate developers will build the city's most expensive new building complex. The competition is for
      Bloomberg Business News  -  415 words
    • Article
      Lock icon HK unemployment rate eases to 2.9%
      268 6 AFP HONGKONG Hongkong's seasonally-adjusted unemployment rate eased to 2.9 per cent in the three months to May from a revised 3.1 per cent for the February-April period, the Census and Statistics Department said yesterday. A government spokesman said the recent rise in the unemployment
      AFP  -  268 words
    • CHINA WATCH
      • Article
        Lock icon China, Pakistan developing fighter
        141 6 AP LONDON China and Pakistan are jointly developing a new multi-role fighter which they expect to put into service around the year 2000, Jane's Defence Weekly reported on Wednesday. The single-seat FC-1 fighter will have similar combat capabilities to the US F-16 fighter jets, it said.
        AP  -  141 words
      • Article, Illustration
        Lock icon Dutch PM meets Jiang
        44 6 Reuter BEIJING Chinese President Jiang Zemin (left) meeting Netherlands Prime Minister Wim Kok here yesterday. Mr Kok, on a seven-day visit to China, is accompanied by an economic delegation in a bid to increase ties between the two countries. Reuter
        Reuter  -  44 words
      • Article
        Lock icon Shanghai campaign finds 400,000 jobs
        95 6 Reuter SHANGHAI A re-employment campaign launched in Shanghai last August has found new jobs for 400,000 people. Wen Hui Bao daily reported yesterday. Official figures show that 521,000 people had been laid off" by state and collective enterprises between 1990 and 1994. Until they found
        Reuter  -  95 words
      • Article
        Lock icon Australia blasted for granting asylum
        87 6 AP BEIJING China yesterday criticised Australia for granting political asylum to Chinese illegal immigrants, saying the move would only encourage more boat people. Foreign Ministry spokesman Shen Guofang said the recent Australian decision "is something that the Chinese side cannot accept". Mr Shen said the
        AP  -  87 words
      • Article
        Lock icon Taiwan to ease rice import ban
        95 6 AFP TAIPEI Taiwan will ease its long-standing ban on rice imports io a bid to gain entry to the World Trade Organisation, officials of 4te£auacil of Agriculture said yesterday. But by opening the islanas ricc market, Taiwan will follow the Japanese model, whk® *00k)
        AFP  -  95 words
      • Article
        Lock icon China defends its nuclear tests
        105 6 Knight-Ridder BEIJING China yesterday defended its nuclear weapons testing programme, but declined to say how France's resumption of such tests would affect the frequency and timing of its own nuclear experiments. France said on Tuesday it will resume nuclear weapons testing in September, holding eight
        Knight-Ridder  -  105 words
  • Page 6 Advertisements
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      125 6 Oscmar International announce the opening of their Representative Office in Singapore Oscmar is a highly respected company specialising in the design and manufacture of products used in Defence training, power generation and civil applications. Oscmar exports to eighteen different countries around the world. The Singapore Office is intended to be
      125 words
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      Page 6 Advertisements Column 2
      306 6 Bottom lin« of many S'pore firms hit by currency tunnoU kiu jT r ta. M i fcs dkm: —2 at WW* km act fe: WGWB-tata m tao 3om xttKc imy Ugj* im|« n m, M i Una ik itida tab ait 1k .kj wo mx, «*i ij A coKgeys pofr
      306 words
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      Page 6 Advertisements Column 3
      204 6 ATTENTION ALL Corporate Treasurers, Financial Controllers, Financial Managers and Investors! InTouch™ Gold Service provides you: FOREX, FUTURES, INDICES, MARKET MOVING NEWS, COMMENTARIES, SES MONITOR i/Ef from financial centers of the world Singapore, Tokyo, London, New York, Chicago, Sydney, on state of the art Hewlett Packard Palmtop LX2OO. Price Quotation and
      204 words
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  • ASIA
    • Article
      Lock icon Japan's trade surplus rises on strong yen
      363 7 May surplus is first year-on-year rise in three months Reuter TOKYO Japan's trade surplus widened in May to US$6.9B billion (SS9.B billion), the first year-on-year rise in three months, as the surging yen swelled the dollar value of the country's exports, the finance
      Reuter  -  363 words
    • Article
      Lock icon Keidanren to urge use of public funds to tackle Japan's bad debt woes
      368 7 Reuter TOKYO The Japan Federation of Economic Organisations (Keidanren) is to (all on the government to use public funds to help solve bad loan problems at financial institutions, said sources close to the business group. The federation
      Reuter  -  368 words
    • Article
      Lock icon Bangladesh minister unveils budget amid riots
      438 7 Reuter AFP DHAKA Bangladesh Finance Minister Saifur Rahman yesterday unveiled the national budget for fiscal 1995-1996 as hundreds of riot police fought sporadic battles with bomb-and-rock-throwing opposition activists protesting against the parliamentary session. The minister set a 43.8 billion taka (SSI.S billion) revenue surplus
      Reuter; AFP  -  438 words
    • Article, Illustration
      Lock icon All the president's men
      48 7 Reuter SEOUL South Korean President Kim Young Sun jogging with the troops yesterday at a base near the demilitarised zone separating South and North Korea. South Korea is to mark the 45th anniversary of the outbreak of the Korean war on June 25. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Watchdog panels to help Indian bank customers
      166 7 AFP NEW DELHI India's central bank plans to create ombudsman's posts to redress consumer complaints stemming from archaic and time-consuming banking procedures and corrupt officials. The Reserve Bank of India (RBI) said in a statement on Wednesday the ombudsmen would be based in
      AFP  -  166 words
    • ASIA NOTES
      • Article
        Lock icon Keating gives assurance on rate shifts
        99 7 Reuter HOBART, Tasmania Australian Prime Minister Paul Keating yesterday said any fall in interest rates will be based on sound government economic policy and not be politically driven. "Falls in interest rates in this country, whether they're ones that we've had or in the
        Reuter  -  99 words
      • Article
        Lock icon Britons warned against Lankan trips
        73 7 Reuter COLOMBO Britain has toughened up its warning to tourists travelling to war-torn Sri Lanka, deleting a line that says there is no indication of threats to British nationals, the British High Commission said yesterday. The move follows last week's car bomb explosion outside Colombo
        Reuter  -  73 words
      • Article
        Lock icon Bank lowers Aussie growth forecast
        89 7 Reuter CANBERRA The National Australia Bank has reduced its forecast of Australia s real GDP growth for the year to endJune 1996 to 2.8 per cent, NAB chief economist Alan Oster said. This compares with NAB's post-budget forecast of 3 per cent growth and with
        Reuter  -  89 words
      • Article
        Lock icon India to simplify income tax laws
        84 7 Reuter NEW DELHI India plans to set up a committee to simplify its complicated income tax laws, the Press Trust of India said. "A committee will soon be constituted to rewrite the Income Tax Act 1961 in a more intelligible manner," the news agency
        Reuter  -  84 words
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  • REGIONAL FOCUS
    • Article, Illustration
      From boom to gloom as layoffs fuel fears of slump
      782 8  -  Hongkong economy From Michael Steinberger in HONGKONG AFTER almost four years of robust growth, Hongkong's economy appears headed for a slowdown. Despite a 6 per cent increase in gross domestic product (GDP) during the first quarter of 1995, high interest
      782 words
    • Article, Illustration
      Lock icon HK's no longer the domain of Western expats
      687 8 Reuter HONGKONG These days Hongkong has little patience for FILTH a once amusing acronym describing mediocre expatriates who "Failed In London? Try Hongkong". Once upon a time a British, indeed any Western, passport was an almost guaranteed meal ticket on the Hongkong
      Reuter  -  687 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      205 8 What could be more exciting than a hole-in-one? HM|H||HHHHHHH|H||||||||H Tradewinds' two-in-one! two great Australian golfing holidays back-to-back. HHjlM|ligßjj(||jgiHHljiyi|nNtaHfij|Ei|H Imagine yourself teeing off at HHHlHb|||hl||||l9||H not one, but seven of Australia's finest golf courses! Playing in warm-up games leading to the actual tournaments. In between, HH|HHHHllj|B|l|jj||||jjMjßtt||H you'll have time to explore
      205 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Upsetting the apple cart
      1127 9  -  Sandy Hendry reports on Jimmy Lai's no-holds-barred Apple Daily Sandy Hendry Bloomberg Business News Launching a new daily newspaper in a market where newsprint costs are soaring and advertising revenues drooping may not seem such a smart move. Jimmy Lai, though, hasn't made a fortune by
      Bloomberg Business News  -  1,127 words
    • Article, Illustration
      More marketeers taking the fair route to sales
      293 9  -  Does the use of exhibitions and trade fairs mean a shift away from other media? Chan Siew Ling finds out Chan Siew Ling Exhibitions have come a long way from the old style big fair approach to highly targeted regional events. From
      293 words
    • Article
      HK's Leo Burnett bags McDonald's account
      151 9 IN A MAJOR coup, Hong-kong-based Leo Burnett/Greater China has scooped the US$9 million (S$ 12.5 million) McDonald's advertising account for the' Hongkong and China markets off present holder DDB Needham. The account is one of the largest in Hongkong and Leo Burnett/Greater China will
      151 words
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      43 9 Ceili you tell A DIVOT FROM A HOLE IN THE GROUND? j OR A GOLF DISCOUNT FROM I A HOLE IN YOUR j Jp m. j* 14 r 1 p M <' v 1 <> It 11 <1 we'll tell y O U ho u
      43 words
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      399 10 GOLF RETAIL PR ICING RE\j With from our I IB HI g 1 j y BH reduced, some by as much as 45%. In a revolutionary I B B B move, we have revised our prices to match the strong 1 B|ml II we pledge to our low by our
      399 words
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      Page 11 Advertisements Column 1
      449 11 IC I IMG REVOLUTIONISED! other costs are driving prices higher here than in other countries. True or false? We won't speak for other retailers, but one thing's for sure. At Golf House outlets and pro shops, we believe that we must be FAIR to our customers. As a major golf
      449 words
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  • SPORTS
    • Article
      Lock icon More hotels for Sydney Olympics
      74 12 Reuter SYDNEY Sydney is seeking to undertake a major hotel building programme to alleviate a projected shortfall of tourist accommodation for the 2000 Olympic Games, one of Australia's top politicians said yesterday. New South Wales premier Bob Carr was responding to a tourism survey that
      Reuter  -  74 words
    • Article
      Lock icon Nagano Games needs more money
      110 12 AFP BUDAPEST Organisers of the 1998 Nagano Winter Games on Wednesday asked the International Olympic Committee for a bigger share of sponsorship money to offset the loss of earnings because of the rise in the yen. A re-arranged sponsorship deal could leave less for the
      AFP  -  110 words
    • Article
      Lock icon Christie loses his cool
      63 12 AFP LONDON A furious Linford Christie flew into a rage at Heathrow airport on Wednesday as he left England for Germany. The Olympic and World sprint champion, who blamed his recent decision to retire at the end of the season on the press, launched a verbal
      AFP  -  63 words
    • Article
      Lock icon Dodgers' Japanese player sets record
      75 12 AFP PITTSBURGH, Pennsylvania Hideo Nomo struck out 16 on Tuesday the season high in the major leagues to take the Dodgers to an 8-5 victory over the Pittsburgh Pirates. Nomo, the first Japanese to play in the major leagues in three decades, set a Dodgers'
      AFP  -  75 words
    • Article
      Lock icon Formula One team gets receivers
      119 12 AP BANBURY, England Receivers have been appointed to the financially troubled Formula One team Simtek, and said on Wednesday they were working desperately to sell its assets and have the team back on the track in time for the French Grand Prix. The British team
      AP  -  119 words
    • Article
      Lock icon Curry seeks to defend Jersey title
      100 12 AP LA MOYE, Jersey The European tour is taking a back seat this week with Paul Curry aiming to defend his Jersey Open title while the world's best golfers are in New York chasing the US Open. The Jersey Open is a chance for
      AP  -  100 words
    • Article, Illustration
      Basketball
      41 12 HOUSTON, Texas NBA Finals Game Four Wednesday; Houston 113 (23-24-30-36) Orlando 101 (21-30-25-25). Houston wins best-of-seven series 4-0. High scorers: Houston Hakeem Olaiuwon 35, Mario Elie 22, Robert Horry 21. Orlando Shaquille O'Neal 25, Anfernee Hardaway 25, Brian Shaw 17.
      41 words
    • Article, Illustration
      Cycling
      73 12 VISP, Switzerland Tour of Switzerland second stage (201-km from Bellinzona) Wednesday: 1 Giorgio Furian (Ita) 5 hrs 25 mins 33 sees 2 Davide Rebellin (Ita) same time 3 Gilberto Simoni (Ita) s.t. 4 Andrea Peron (Ita) o.ols behind 5 Giovanni Lombardi (Ita) 0.025. Overall standings: 1 Alex Zulle (Swi)
      73 words
    • Article, Illustration
      Tennis
      315 12 LONDON Queen's Club townament 2nd rd Wednesday: Sandon Stolle (Aust) b Jared Palmer (US) 6-3 6-2; 4-Wayne Ferreira (SA) b Bryan Shelton (US) 6-2 6-4; Derrick Rostagno (US) b 13-Alexander Volkov (Rus) 7-5 6-2; I-Pete Sampras (US) b Jonathan Stark (US) 7-6 (7-4) 6-3; 6-Marc Rosset (Swi) b Todd
      315 words
    • Article, Illustration
      Lock icon Going for Grand Slam is like catching lightning in a bottle, says Crenshaw
      353 12 Golf Reuter SOUTHAMPTON, New York Ben Crenshaw, whose stirring victory in the Masters gave him the first leg of golfs Grand Slam, has no illusions about becoming the first modern player to win the four major championships
      Reuter  -  353 words
    • Article, Illustration
      Lock icon Rockets win the championship
      738 12 NBA Finals AP HOUSTON Driven by an electrifying centre and sparked by the return of a favourite son, the Houston Rockets completed the unlikeliest of championship repeats, sweeping the Orlando Magic with a *****1 victory on Wednesday night. Clamping down on defence, the Rockets pulled away
      AP; Reuter  -  738 words
    • Article, Illustration
      Lock icon Storybook homecoming for the team's driving force
      519 12 AP HOUSTON Except for a few off-target jumpers, Clyde Drexler's storybook homecoming had a perfect ending. Eight days short of his 33rd birthday, after 12 pro seasons, two trips to the Final Four and three to the NBA Finals, Drexler has his championship
      AP; Reuter  -  519 words
    • Article
      Lock icon Will Magic survive its sweep in the finals?
      485 12  -  By Ailene Vosin AP HOUSTON In the hours preceding the most important game of their most successful season, and amid reports of progress in the NBA's labour wars, the Orlando Magic on Wednesday were reluctant to utter that five-letter-word. Sweep. "Sounds awful,"
      AP  -  485 words
    • Article, Illustration
      Lock icon England's banking on inexperience of some New Zealand stars
      536 12 Rugbv World Cud AP Reuter JOHANNESBURG Eng. Jand will aim to exploit the inexperience of several members of the New Zealand team in Sunday's Rugby World Cup semi-final at NeUdands in Cape Town. Fullback Glen Osborne, flyhalf Andrew Mehrtens, flanker Josh
      AP; Reuter  -  536 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Jacko vents his rage
      780 13  -  Is Michael Jackson's new album anti-Semitic, asks Bernard Weinraub Bernard Weinraub NYT ONE OF the most anticipated and heavily promoted albums in years, Michael Jackson's HlStory: Past, Present and Future, Book 1 includes a song with lyrics that can be interpreted as pointedly critical of Jews.
      NYT  -  780 words
    • Article, Illustration
      Lock icon Sex, lies and... a music video
      556 13 AP Michael jackson and wife Lisa Marie Presley-Jackson said they are intimate, but didn't say if she is pregnant. "We will be expecting a child now when," PresleyJackson started to say coyly, only to be interrupted by her husband, who said: "We're not going
      AP; Reuter  -  556 words
    • Article, Illustration
      Less than polished
      390 15  -  The Ludwigsburg Festival Orchestra was a little off colour on Wednesday. Benjamin Loh reviews the concert Benjamin Loh THE Ludwigsburg Festival Orchestra, under the baton of Wolfgang Gonnenwein and consisting of 34 musicians from Germany, gave a performance of works by Bach and Mozart to a packed
      390 words
    • Article, Illustration
      Lock icon Designer turn-off
      221 15 'gfoTTtRBOX AP Reuter ABOUT 20,000 pieces of mail have been sent to paralysed actor Christopher Reeve at the University of Virginia Medical Centre as of Wednesday, hospital officials said. The mail from well-wishers has continued almost unabated since Reeve broke his neck when he was thrown from a
      AP; Reuter  -  221 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      141 13 golf house price correction POLICY MAKES REVOLUTIONARY METAL WOOD MOST AFFORDABLE^^ BURNER BUBBLE™ W Th e Taylor Made Burner Bubble, the first metal driver to conquer Augusta, is now available to you incredibly low price! The Burner club head with unique K-sole design, reinforces stress areas to give you a
      141 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      892 14 IB BudweL!,ci ■Hi 10 mME DINE ENTERTAIN TH6 MOST AUTHENTIC ITRUfIN PRSTR PIZZA IN TOWN Ud PISII Fusa M UDMTORI m 1,-AJXH 77lkMrCatCMtlad#)l-01/^2S(IS4S) I****! U24ISSM/241M74 Family Life Promotion 18 "25 June All families (min. one adult and one child under 12) having lunch or dinner at Fictts Cafe this week
      892 words
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      Page 14 Advertisements Column 2
      267 14 ="I^lsl fancy 'Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian 'Beijing dumplings, a selection of set menus, and Qeijing specialities Q/|f/\ such as 'Beijing 2>bc£, Bafyd Tench and P'H—t Marinated Lam 6. fancy some nowf RBTAURAN?
      267 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      270 15 WHERE TO WINE, DINE AND ENTERTAIN Sels 2)o 1 LUNCH A11(> H'f;ere U'tti'r ilhui the woitrw choice I SPICI! GAKDUN, (vst lorvd for our Sicbiuin <ini> Miukiii cuisines, dt L.e Me r Men Hotel. M. Non 1 H'itf; tf;i.s sjJdce, viroitr k><> on all Li airte dislh's Let's httiLV toddu!
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      Page 15 Advertisements Column 2
      132 15 TSINGTAO BEER Standing tall with its Superb Flavour Tsingtao, a rich strong flavoured beer brewed with sparkling, spring water from the famous mountains of Laoshan. Its superb taste, praised and awarded the world over since 1963, quenches your thirst... revitalises your Tsingtao, it's on every drinker's lips. Available at all
      132 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1234 15 I M dUfviMl A. K-9, 8.30pm, Ch 5 unorthodox narco whom requests a sniffer dog to get the JM dope on a drugs deal, and gets Pt jfl canine. The odd slowly become man his best jfIPPHi jt!!r r '£fc" Ns *o^. The Adventures of Ford Fairlane, xSK^L 1 lptn.
      1,234 words
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  • Article
    Taiwan's diplomatic gamble
    524 16 TAIWANESE President Lee Teng-hui took great pains to placate China on his return from the United States by saying that his appearance at a Cornell University alumni reunion last week "was never meant to create two Chinas or one China, one Taiwan". Will Beijing accept his words
    524 words
  • Article
    Chase paper, but be safe
    319 16 IF PROOF were needed of the value Singaporeans place on education, it can be found in the fact that 120,000 adults are pursuing part-time academic and professional courses here. They form no less than 10 per cent of the workforce between the ages of 20
    319 words
  • Article
    Market for Islamic insurance
    160 16 TAKAFUL Islamic insurance makes its debut this week in Singapore, in line with the growing interV est worldwide for Islamic finance. While Malaysia, Indonesia and Brunei have gone some way on that road, Singapore, having only a relatively small Muslim community, will take time to follow
    160 words
  • Article
    The right to fight back
    179 16 FOR YEARS, our leaders have insisted on an honest government with uncompromised integrity and have decided on meritocracy as the only gauge to recruit people to serve the government and state. In fact, the world has come to think of Singapore as being synonymous with
    179 words
  • Article
    Living in ancient quarters
    145 16 IT IS a peculiarity of Hongkong that almost any structure more than 20 years of age is automatically described as "old". Not even New York, the cradle of the skyscraper society and symbol of the modern age, can hold a candle to this place in terms
    145 words
  • Article
    Much work to be done
    127 16 THE SLORC (Myanmar's State Law and Order Restoration Council) authorities have spent the last two dry seasons in military offensives against Khun Sa. Although they clearly wish to destroy the Muang Tai army, Yangon's determination to cut down and eventually destroy the heroin trade is
    127 words
  • Article
    Should the bubble burst...
    150 16 THE dramatic increase in property values is of particular concern to a country like Malaysia. In the Klang Valley, house prices have reportedly risen by 30 per cent between end-1993 and the middle of last year. Speculation has been identified as a major cause of the
    150 words
  • Article
    Lock icon Moving West to tap brains
    1162 16  -  Japanese firms are expanding R&D labs in Europe and the US to hone their creative edge over rivals, reports Hisayuki Mitsusada Hisayuki Mitsusada Nikkei Weekly WHILE the shift of production facilities overseas by Japanese companies has been getting all the attention, several major firms have
    Nikkei Weekly  -  1,162 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      489 16 In a recent independent survey*, it was found that lin 5 Airlines uses us as his eyes and ears around the world, readers of The Economist are millionaires**. While many of our readers started out with nothing, This is no coincidence. we'd like to offer you a free book. Pocket
      489 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      62 16 •'Ml'ijtffflW hou) Pißethings im V OM Do UKe"TO Besoej I 'P J J3 -fH£ seASDe J raopNiNGV^ 0w UJ LANDjy Si /5 j2i=j POONESBURY garry trudeau fSSWIfI I JS&S&SSZr 11 ZZZ 5 J <**» -IHtU*MASP&iC*mCAL WOULPTHAT NO,THATJj WHATBVe* f 'eHMrT* GOT ONE &rAßtmn&fTiOiUo£ Be A TALL, UOULPKA YCAXHVOU h WSHOW,
      62 words
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  • ANALYSIS
    • Article, Illustration
      Politics sours Clinton-Greenspan love affair
      1605 17  -  The White House is unhappy with the Fed chairman's stand on interest rates, reports Leon Hadar Leon Hadar The writer is BT's Washington correspondent WHEN Wall Street investment banker Robert Rubin was nominated early in the Clinton Administration to serve as the chairman of the
      1,605 words
    • Article, Illustration
      Lock icon Europe's leaders in uphill battle against chronic joblessness
      1034 17  -  Major problem is high wage rates and welfare benefits, reports Craig Whitney Craig Whitney NYT THOUGH headlines would suggest that European leaders are obsessed with the quagmire in Bosnia, the most intractable problem facing most of the 15 countries of the European
      NYT  -  1,034 words
  • Page 17 Advertisements
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      122 17 Global Concord Global Concord Global Concord Global Concord Global Concord j| IF YOU HAVE EVER WANTED TO INVEST IN AUSTRALIA, |l l| THE BEST DEAL FROM If GOLD coast i\ IS NOW HERE!" THIS IS IT! It I RIVERSIDE BUNGALOWS FROM JUST A 5210,000 g| PROUDLY DEVELOPED BY RIANA PTY
      122 words
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  • Article, Illustration
    Lock icon US set to impose air cargo sanctions on Japan
    585 18 But move won't come before Clinton-Murayama meeting at G-7 summit LAT-WP Bloomberg Business News WASHINGTON US officials are preparing to impose sanctions on Japanese air cargo operations in the United States in a dispute over Federal Express Corp's rights to operate
    LAT-WP; Bloomberg Business News; Reuter  -  585 words
  • Article
    Lock icon US industrial output down for third month running
    326 18 Reuter Bloomberg Business News WASHINGTON Sharp cutbacks by the car industry pulled down US industrial production for the third straight month in May, the Federal Reserve said yesterday. It was the longest string of output declines since the last recession. Total output
    Reuter; Bloomberg Business News  -  326 words
  • Article
    Lock icon China to build new nuclear plant
    80 18 Reuter MOSCOW Russia will sign a deal with China by September outlining plans to build a new nuclear power station in China's north-eastern province of Liaoning, Itar-Tass news agency said yesterday. Russia will supply two VVER pressurised-water reactors and help build the plant, it
    Reuter  -  80 words
  • Article
    Lock icon No more Sunshine
    99 18 Bloomberg Business News WASHINGTON The Justice Department's top merger enforcer plans to resign and return to private practice. Department officials yesterday said Steven Sunshine, head of the antitrust division's merger unit, is expected to leave within the next several weeks. Anti-trust division officials said Mr Sunshine had
    Bloomberg Business News  -  99 words
  • Article
    Lock icon Samaranch defeated
    80 18 Reuter BUDAPEST Opponents of International Olympic Committe (IOC) president Juan Antonio Samaranch yester- day successfully blocked his plans to scrap an lOC age limit of 75. Mr Samaranch, who needed to change the limit to stay in power beyond his current term which ends in 1997, at first
    Reuter  -  80 words
  • Article, Illustration
    Lock icon Trouble looms
    87 18 Reuter NEW YORK European Competition Commissioner Karel Van Miert has hinted that Microsoft Corp's planned online service may run into trouble due to European Union antitrust regulations. The Wall Street Journal yesterday quoted him as saying; "The message is we are following this closely." He said no formal
    Reuter  -  87 words
  • Article
    Lock icon Out with obscenity
    100 18 Reuter WASHINGTON Amid mounting criticism of sex and violence in the media, the Senate on Wednesday approved a measure that would prohibit transmission of indecent material over the Internet and restrict children's access to on-line computer services. As part of broad legislation that would overhaul the nation's
    Reuter  -  100 words
  • Article
    Lock icon UK inflation blues
    62 18 Reuter LONDON Higher-than-expected UK May inflation data has cast further doubt on the government's ability to hit its central aim of 2.5 per cent or less for underlying retail price inflation by spring 1997, analysts say. "The fact that we're inexorably drifting away from the government's central
    Reuter  -  62 words
  • Article
    Lock icon Just three qualifiers
    82 18 Reuter BRUSSELS European Union finance ministers will agree on Monday that only Luxembourg, Ireland and Germany satisfy rules on debt and deficit limits for countries aspiring to join a single European currency. Diplomats yesterday said that the ministers meeting in Luxembourg would endorse a European Commission report
    Reuter  -  82 words
  • Article
    Lock icon Clinton says his assets worth US$663,000 to US$1.6m
    377 18 AP WASHINGTON New financial disclosure reports filed with the US Congress showed that President Bill Clinton valued his assets at U*****,000 (*****,570) to US$l.62 million at year-end 1994. But much of that wealth was offset by nearly US$l million in unpaid legal
    AP  -  377 words
  • Article
    Lock icon Security men move in
    87 18 AP MOSCOW Security forces ringed a city in southern Russia yesterday after gunmen demanding an end to the war in Chechnya refused to free 500 hostages seized in bloody street battles. Dozens of people were reported killed and wounded. The rebel military command under Chechen leader
    AP  -  87 words
  • Article
    Lock icon Rich countries, beware
    101 18 AP PARIS Rich nations are breaking promises to help the world's poorest people, creating conflicts that will come home to haunt them, international voluntary aid agencies said on Wednesday. "We are rapidly sinking to the level of 1980, in terms of value, despite a much greater need,"
    AP  -  101 words
  • Article, Illustration
    A sick banking system does not a healthy economy make
    714 18  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent HOW does one explain the fact that only now five years after the collapse of Japan's bubble economy are the authorities apparently beginning to get serious about
    714 words
  • Article
    Lock icon Fighting escalates as Bosnian forces try to break Sarajevo siege
    307 18 Reuter SARAJEVO Heavy fighting broke out north of Sarajevo yesterday, with intense exchanges of fire in areas where Bosnian government troops had massed for an apparent bid to end the Bosnian Serb siege of the city. United Nations officials said
    Reuter  -  307 words
  • Article
    Russian economy needs state intervention: US professor
    500 18  -  From John Helmer in MOSCOW QUESTION: What could be more astonishing than the rising rouble, and falling dollar? Answer US professor of economics who believes Russian economic policy will not produce recovery until privatisation of large enterprises is halted, a wage-price freeze is
    500 words
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  • COMPANIES & MARKETS
    • EYE on the STOCKS
      • Article, Illustration
        MARKET MOOD
        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
        HOT STOCK
        98 19  -  By Quak Hiang Whai IGB is looking toppish, having climbed from near $1 in early May to $1.40 yesterday. The daily and weekly RSI are around 75 while the daily MACD shows more downside risks than upside potential. The weekly chart shows the stock is now testing resistance
        98 words
    • Article, Illustration
      Parkway management sticks to its guns on healthcare
      644 19  -  By Catherine Ong SINGAPORE Parkway Holding's management looks set to make the healthcare business its mainstay despite the public attack being launched against it by Indonesian tycoon Sukarman Sukamto. "Right now, 10 per cent of our income comes from healthcare; by the
      644 words
    • Article, Illustration
      Yaohan unit IME to launch Sesdaq IPO today
      315 19 SINGAPORE The Yaohan group's IMM Multi-Enterprise will launch its Sesdaq initial public offer today, making it the fifth company to float its shares on the Stock Exchange, of Singapore this year. It is believed the float will comprise 30 million new shares,
      315 words
    • Article
      Bambang raises stake in Van Der Horst to 10%
      273 19 SINGAPORE Living up to his word, Bambang Trihatmodjo, son of Indonesia's President Suharto, has raised his stake in Van Der Horst to 10.26 per cent from 6.18 per cent. In a statement to the Stock Exchange of Singapore (SES) yesterday, Mr
      273 words
    • Article
      Tough times for local CD-ROM drive makers
      550 19  -  HOCK LOCK SIEW By David Mok SINGAPORE The CD-ROM drive industry is in a state of flux. There are severe shortages of key components, the transition from older to newer product lines makes demand uncertain, and some players are stuck with high inventories
      550 words
    • Article
      Formerly unknown Sukamto now asset mover and shaker
      445 19  -  By Conrad Raj SINGAPORE Until three years ago, Sukarman Sukamto was virtually unknown in Singapore. It was only after he purchased the 500-room Ramada Renaissance in Hongkong for $270 million from Japanese-born Paul Sun that he hit the headlines here. Today, he
      445 words
    • COMPANIES
      • Article
        Lock icon New head at MBf Asia's HK firm
        93 20 Bernama KUALA LUMPUR MBf Asia Capital Corp Holdings Ltd has appointed Albert Chan as the president of its Hongkong company MACCH, president and chief executive Loy Hean Heong announced this week. Dr Loy said there were no plans to sell MACCH and preliminary
        Bernama  -  93 words
      • Article
        Jurong Cement unit lifts stake
        56 20 SINGAPORE Jurong Cement Ltd said its subsidiary, KMP Feedmills Pte Ltd, acquired 735,000 shares of the former on Tuesday at $4.***** per share. KMP Feedmills now has 3.415 million shares in Jurong Cement. KMP Pte Ltd, the holding company of KMP Feedmills, is deemed to
        56 words
      • Article
        Republic Hotels' entertainment move
        42 20 SINGAPORE Republic Hotels Resorts Ltd has formed a wholly owned subsidiary in Singapore, Harrow Entertainment Pte Ltd, as entertainment promoters. The authorised capital is Sioo,ooo of 100,000 shares of $1 each. The company was formed on June 1.
        42 words
      • Article
        Renong to hold meeting on bond issue
        61 20 KUALA LUMPUR Renong Bhd will hold a loan stockholders' meeting on July 6 at Hotel Equatorial in Kuala Lumpur to consider issuing up to US$l75 million (***** million) nominal value 10-year unsecured Euroconvertible bonds. The issue should not result in an issue of
        61 words
      • Article
        Pan Malaysian turnover up 133%
        110 20 KUALA LUMPUR Pan Malaysian Industries Bhd reported a 133 per cent increase in turnover to M 5456.9 million (Ss26l million), resulting in net earnings growing six times to MS 18.5 million for the year ended March 31. It had an extraordinary gain of MS4.B million
        110 words
      • Article
        Lock icon Autoways revises bond, rights issues
        95 20 Bernama KUALA LUMPUR Autoways Holdings Bhd has revised its previous proposals on its bond and rights issues, special bumiputra issue and acquisition of shoplots at City Parade Shopping Complex in Kota Kinabalu, Sabah. The company said yesterday it now proposed a one-for-two rights issue of
        Bernama  -  95 words
      • Article
        Untitled
        538 20 NMpn' prina Jun 16 Sh Greater China Fd 1.00 100(8 »i_u Mendaki Gr Fund 1.03 l.06<a amgapore unn inm us Gr Fund 1.02 106 5 The C ommcrxx 1.59 I 68xd IIAB u m The Saving* Fund 1.34 I 63 Mgt Ltd S"porc Prog Fund 0.62 0.66 Unifiind 1.46 1.33
        538 words
      • Article
        Lock icon Indonesia's Rajasa sells stake to 2 US firms: report
        125 20 Reuter JAKARTA Indonesian telecommunications firm PT Rajasa Hazanah Perkasa has sold a 49.75 per cent stake to American firms Bell Atlantic Inc and International Wireless Communication, the Bisnis Indonesia daily reported yesterday. Rajasa's officials refused to comment on the deal, saying
        Reuter  -  125 words
      • Article, Illustration
        Sats building US$15m in-flight kitchen in Beijing
        382 20  -  SIA subsidiary also planning for office building in the Chinese capital From Rahita Elias in BEIJING SINGAPORE Airlines subsidiary Singapore Airport Terminal Services is investing in a US$l5 million (5520.9 million) in-flight kitchen in Beijing, which will be ready by the end of
        382 words
      • Article
        Liang Court converts office floor to retail space
        358 20  -  By Jenny Lam SINGAPORE Liang Court Shopping Centre is converting 14,000 sq ft of office space on the fifth floor into retail space. This will expand its retail capacity to 272,000 sq ft, comprising five floors plus a basement. The fifth floor
        358 words
      • Article, Illustration
        Hour Glass earnings up 10%, sale of Milano's on the cards
        489 20  -  By Jenny Lam SINGAPORE Watch distributor The Hour Glass may sell loss-making subsidiary Milano's pizza chain, said executive chairman Henry Tay when announcing the company's fullyear results yesterday. "The pizza business has been more difficult than we expected," Dr
        489 words
      • Article
        Lock icon Steady Safe in US$900m Indon rail project
        188 20 AFP JAKARTA Transportation firm PT Steady Safe signed a US$9OO million (551.25 billion) contract to build elevated light rail transit systems with state-owned firm Perumka, a Perumka official said yesterday. "The MOU (memorandum of understanding) was signed on June 9," Perumka spokeswoman Neni
        AFP  -  188 words
      • Article
        Stability of SES swayed Sinochem: says official
        340 20 SINGAPORE Chinese trading giant Sinochem is seeking a primary listing here because its local subsidiary is doing well and it believes the Singapore stock market is more stable than those in Hongkong and Thailand. Sinochem senior official Wang Yu Zhong told Bloomberg Business
        340 words
      • Article
        Lock icon KL, Jakarta, Manila banks team up in remittance scheme
        282 20 Bernama KUALA LUMPUR Malayan Banking Bhd, the Philippines National Bank and Indonesia's Lippobank have signed a pact to start joint electronic remittance systems. Maybank's executive director, Salleh Harun, said the tie-up between the three leading banks in the Asean region, signed
        Bernama  -  282 words
      • Article
        Lock icon Japan's Itochu Corp acquires 5% of Perwaja Steel
        122 20 Bermama KUALA LUMPUR Itochu Corporation of Japan has acquired a 5 per cent equity interest in Perwaja Steel Sdn Bhd, it was announced here yesterday. Perwaja in a statement signed by its corporate director K H Kong said the new shares were
        Bermama  -  122 words
      • Article
        Lock icon Taiwan's SEC urges funds to enter stock market
        482 21 Reuter Bloomberg Business News TAIPEI Taiwan's Securities and Exchange Commission (SEC) has urged government pension funds and postal funds to enter the stock market to help support it, an SEC official said. "SEC vice-chairman Hsu Yung-pang on Wednesday called pension and postal
        Reuter; Bloomberg Business News  -  482 words
      • Article
        Lock icon Shenzhen Int'l moves into tiles
        58 21 Bloomberg Business News HONGKONG Optical products and property company Shenzhen International Holdings is diversifying by acquiring 80 per cent of ceramic tile maker Shenzhen Deco Tiles. The company announced yesterday that the HK556.85 million (5510.2 million) transaction still had to be approved by company shareholders
        Bloomberg Business News  -  58 words
      • Article
        Lock icon Wong's Kong King to shed 200 jobs
        87 21 Bloomberg Business NeWs HONGKONG Wong's Kong King International (Holdings) will cut 200 jobs to reduce costs, the South China Morning Post reported. The chairman of the Hongkong-based electronics company, Senta Wong, said Wong's will close all money-losing divisions and redevelop one of its
        Bloomberg Business NeWs  -  87 words
      • Article
        Lock icon QIW in takeover of Composite Buyers
        90 21 Bloomberg Business News SYDNEY QIW said it is making a As 69 million (SS7O million) bid for fellow food and groceries distributor Composite Buyers, which is also a takeover target for at least two other companies. QIW, the largest food distributor in Queensland, is
        Bloomberg Business News  -  90 words
      • Article
        Lock icon Sunshine media group sees A$89m bid
        94 21 Reuter BRISBANE Sunshine Broadcasting Network said RG Capital Australia intends to make a takeover offer for all its issued capital at A 51.70 (SS 1.71) per share. The offer values the Queensland regional television and radio broadcaster at about ASB9 million, or 2.3 times
        Reuter  -  94 words
      • Article
        Lock icon Macquarie, Barries Australia to merge
        49 21 Reuter SYDNEY Stationery supplier Macquarie Office said it will merge with Barries Australia and its subsidiary Adelaide Office Products Distributors. Macquarie said the new group to be named Corporate Express would bring their combined annual sales to over AS 100 million (SSIOI million). Reuter
        Reuter  -  49 words
      • Article
        Lock icon Tasman Prop cuts loss to NZ$20m
        62 21 Bloomberg Business News WELLINGTON New Zealand-based Tasman Properties, formerly Robt Jones Investments, said it suffered a net loss of NZ$2O.3 million (Ssl9 million) for the year ended March 31, an improvement from the previous corresponding loss of NZ533.9 million. Directors blamed the loss on
        Bloomberg Business News  -  62 words
      • Article
        Lock icon Shanghai market sinks on govt announcement of new A shares
        249 21 Reuter SHANGHAI Shanghai's domestic share market plunged yesterday in response to a government announcement of an issue of 5.5 billion yuan (*****.1 million) in new A shares, which are sold to domestic investors. Brokers said the news had the cooling
        Reuter  -  249 words
      • Article
        Lock icon HongkongBank ups stake 3d Hang Seng Bank
        202 21 AFP HONGKONG The Hongkong and Shanghai Banking Corp Ltd said yesterday it would increase its share in the territory's second largest bank, Hang Seng Bank Ltd, to 61.50 per cent. In a brief statement, the core unit of HSBC Holdings pic said it
        AFP  -  202 words
      • Article
        Lock icon C&W barred from selling major stake in HK Telecom
        357 21 SCMP HONGKONG Cable and Wireless (C &W) has been barred from selling any substantial part of its 57.5 per cent stake in Hongkong Telecom because of an eight-year-old agreement between C&W and the Hongkong government. If Hongkong Telecom faces bankruptcy, goes
        SCMP  -  357 words
      • Article
        Lock icon Smith New Court profit cut by rise in US interest rates
        376 23 Shares go up however on relief that results were not worse Reuter LONDON Smith New Court, one of Britain's biggest securities houses, yesterday said its annual profits were cut sharply by a rise in US interest rates but signs
        Reuter  -  376 words
      • Article
        Lock icon IBM may take US$2.8b charge for buying Lotus
        276 23 Bloomberg Business News ARMONK, New York International Business Machines Corp could take a charge of as much as US$2.B billion (553.9 billion) in the third quarter for its acquisition of Lotus Development Corp, analysts said on Wednesday. IBM's U553.52 billion takeover of
        Bloomberg Business News  -  276 words
      • Article, Illustration
        Lock icon NYSE looks at non-US share trading service
        448 23 Facility would allow American investors to bypass foreign exchanges FT NEW YORK The New York Stock Exchange is considering the creation of a "single point-of-purchase" facility for trading in the shares of non-US companies, enabling investors to bypass foreign exchanges and buy the
        FT  -  448 words
      • Article
        Lock icon Sprint may spin off cellular operations to meet FCC regulations
        422 23 Financial Times NEW YORK US communications company Sprint is considering spinning off or selling its conventional cellular business following its success in auctions for personal communications spectrum (PCS) wireless licences in March. Sprint Cellular is the eighth largest cellular company
        Financial Times  -  422 words
      • Article
        Lock icon KHD chief steps down after rift with Deutsche Bank
        327 23 Reuter BONN The chief executive of German engineering group Kloeckner-Humboldt-Deutz (KHD) stepped down on Wednesday amid widespread reports of a conflict with Deutsche Bank, the company's biggest shareholder. The resignation of Werner Kirchgaesser, chairman of the management board since 1991, was
        Reuter  -  327 words
      • Article
        Lock icon Microsoft and Japan's Softbank discussing video game venture
        359 23 AFP TOKYO Japanese software developer Softbank Corp said yesterday it was holding talks with global software giant Microsoft Corp on setting up a joint venture to develop software for video games. The announcement by Softbank, an aggressive but relatively small company listed
        AFP  -  359 words
      • Article
        Lock icon Barings ranks Israel as world's most attractive stock market
        336 23 Reuter TEL AVIV Israel is currently the most attractive stock market in the world, according to a ranking calculated by British brokers Baring Securities International. "Looking at 50 markets around the world Israel comes out as most attractive. Two or three
        Reuter  -  336 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        MAS has approved our merger with Warburg here: SBC
        487 24  -  By Donald Turner SINGAPORE The Mone- tary Authority has approved the merger of Swiss Bank Corp (SBC) and SG Warburg's Singapore investment «o banking operations, SBC group deputy chief executive Johannes de Gier said yesterday. SBC is scheduled to complete the
        487 words
      • Article
        Lock icon Bank Negara still looking for suitable deputy governor
        385 24 Knight-Ridder SINGAPORE The search by Bank Negara Malaysia for a new deputy governor is proving slow, and the central bank continues to maintain a strict silence on the likely outcome. So far two people both of them with Bank Negara have been
        Knight-Ridder  -  385 words
      • Article
        Lock icon Pudong lures Chinese banks away but foreign ones aren't shifting yet
        432 24 SCMP SHANGHAI A shift of Chinese banks from the old city to Pudong is slowly but surely taking place in Shanghai but foreign banks are not jumping on the bandwagon not just yet, anyway. Leading the shift tomorrow is
        SCMP  -  432 words
      • Article
        Turnover, prices of oil futures higher on Simex
        280 24  -  By Siow Li Sen SINGAPORE Trading in Brent crude futures as well as prices rose sharply yesterday on the Singapore International Monetary Exchange (Simex) on short covering and liquidation for July contracts that were due, traders said. Turnover rose to 2,000 lots,
        280 words
      • Article
        Lock icon Tie-up launches safe payment system for Internet shopping
        472 24 AP BfcKLIN Europe's No 1 -credit card company and IBM announced an alliance on Wednesday that they say will make the Internet safe for full-blown commerce: a secure payment system based on chipcard technology. Europay International SA, which is owned by European
        AP  -  472 words
      • Article
        OCBC Asset Mgt extends promotion period for CPF-approved unit trust
        285 24  -  By Shiv Taneja SINGAPORE Fund manager OCBC Asset Management has extended the promotion period for its CPF-approved Enhanced Investment Scheme unit trust, Savers Enhanced Trust Fund, because of relatively weak response from investors. In the one month since the unit
        285 words
      • Article, Illustration
        Untitled
        1235 24 I rode-weighted index cakulaied against S'porr's lap 14 trading partners Base year 1985 US$/S$ forward rates Noon /Jun 15 s$ Bid Ofc 1-month I 3SS8 1.3900 2-month 1 3836 1.3848 3-month 1.3788 ***** 6-month I.36S5 1.3672 Sourer: OCBC FOREIGN CURRENCY NOTE RATES As at 9m m Jaa 15 Singapore dollars
        1,235 words
      • Article
        Lock icon World Oil prices gain ground on Nigerian oil squeeze
        222 24 ENERGY REPORT Reuter LONDON World oil prices tiptoed higher after Nigeria that said its crude oil exports would be sharply cut back until early July, at best. Benchmark Brent crude futures for August picked up nine US cents on London's International
        Reuter  -  222 words
      • Article
        Lock icon LONDON
        193 24 Reuter LONDON The dollar strengthened on the mark and yen in early European trade as players geared up for key US data and the start of the G-7 summit later yesterday. The market will be eagerly perusing US May industrial production and capacity utilisation figures due at 1315 GMT,
        Reuter  -  193 words
      • Article
        Lock icon NEW YORK
        90 24 AFP NEW YORK The dollar rose slightly against other major currencies on a quiet market here early yesterday, bolstered by rumours in Asian markets that the Swiss Bank would soon lower key rates. Gold rose to U*****.50 an ounce, up US$l.2O from Wednesday's close. At about 1350 GMT,
        AFP  -  90 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars flat, Euroyen easier at close
        1400 25 Reuter SINGAPORE Simex Eurodollars were flat and Euroyen futures were easier at the close. Dealers said Eurodollars were trapped in narrow range trading. Sentiment was mixed with market participants divided over the outlook for US interest rates. "Buyers come in when the market dips
        Reuter  -  1,400 words
      • Article
        Palm oil futures up on Porla report
        675 25 COMMODITY REPORTS Palm Oil CRUDE palm oil futures ended higher yesterday following bullish reports on the end of May palm oil report released by the Palm Oil Registration and Licensing Board (Porla). Porla reported that total end-May palm oil stocks were down by
        675 words
      • Article
        More nickel for Japan
        84 25 TOKYO Indonesia's state-owned PT Aneka Tambang; will increase shipments of nickel ore to Japan this year by more than 10 per cent due to surging stainless steel production, the company's marketing manager in Jakarta said yesterday. Exports of ferro-nickel to Japan are also on the rise,
        84 words
      • Article
        Robusta coffee retention set at 20%
        98 25 LONDON Robusta coffee producers participating in an export retention scheme will be required to retain 20 per cent of their exports if a robusta indicator price fails to climb in the next nine trading days, an official said yesterday. "When applying a change in
        98 words
      • Article
        LME approves 'KUC brand
        60 25 LONDON The board of the London Metal Exchange on Wednesday approved the listing of the "KUC brand of Grade A copper cathode, which will constitute good delivery with immediate effect. The brand is produced by Kennecott Corp of the US at an annual rate of around
        60 words
      • Article
        Japan crude steel output up 6.4%
        75 25 TOKYO Japan's crude steel production in Mav increased 6.4 per cent over a year earlier to 9.03 million tonnes for the 10th straight month of year-on-year increases, an industry federation said yesterday. Crude steel output topped the nine miluofi tonne level for the first
        75 words
    • Article
      COMMODITY PRICES
      1395 25 SICOM Futures (Mm cMag as at S Jtpai) I Cartact (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest J«n I I 216.50 I 1050 Aug 209.00 209.00 212.00 200 3700 Sep 209.50 2390 Oct/Dec 204.00 200 50 203.50 225 6150 Jan/Mar 96 204.00 202.50 203.00
      1,395 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        909 26 -5.4 SHARES closed lower yesterday, falling for the sixth consecutive trading day as a weak performance by National Australia Bank (NAB) weighed on the bourse. The All Ordinaries Index fell 5.4 points to 1,961.1. The All Industrials fell 15.8 to 2,964.3, while the All Resources edged up 3.1 to
        909 words
      • Article
        Manila
        638 26 -27.97 Share prices fell as the market underwent a correction yesterday. "The market was really ready for a correction and some profit taking. There is really an absence of good news around the corner," a trader said. The PSE Composite Index fell 27.97 points to 2,782.69. Turnover was 2.15
        638 words
      • Article
        New Zealand
        298 26 •11.05 Shares yesterday closed weaker on solid volume, with the soggy tone of the market persisting. The NZSE-40 Capital Index ended 11.05 points lower at 2,073.15 on volume of NZ$54 million. Most of the leaders were down, with Telecom, down three cents to NZSS.BO, leading the way. "It's
        298 words
      • Article
        Seoul
        425 26 -5.64 Stock prices remained in the doldrums yesterday, closing 0.6 per cent lower despite government intervention to boost prices. "Overall sentiment seemed feeble in the absence of any particular news to stimulate the bourse," said a dealer. The Composite Price Index fell 5.64 points to 880.92. Turnover was 19.9
        425 words
      • Article
        Bombay
        92 26 -6.20 Shares finished steady in moderate turnover yesterday. The 30-share Index lost 6.20 points to 3,318.66 while the 100-share National Index rose 11.20 to 1,567.30. "Most of the action was concentrated in B group stocks," one dealer said. Brokers said speculators were covering their short positions as today is
        92 words
      • Article
        Taipei
        483 26 •53.65 Share prices closed at a 15month low yesterday, pulled down by electrical counters. "Although the authorities proposed several measures to boost the market, investors deemed nothing new in the incentives," said an analyst. The 321-issue Weighted Price Index lost 53.65 points to finish at 5,360.09, the lowest level
        483 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        958 26 Britannia Funds Merlin Cask Bid Offer Ma Cap Deposit 3* 6400 6500 MimJer**Gilt 0.1(93 0 1942 Mm Max (acorn *0 9200 ****** US$ Cask Income PWi Fund 10 4400 11 0000 PS J Reierve Fund 5 5000 5.5100 Stcrliai Equity Euro Performance .0 4592 0 49J! Far Em Fund *2.7*50
        958 words
      • Article
        London
        658 26 +30.2 STOCKS rose as a strengthening dollar boosted shares in major export companies. That countered a slump in chemical stocks, which were dragged lower by Imperial Chemical Industries amid concern over earnings growth in the second half of 1995. "Dollar-earnings stocks are going better and the underlying tone of
        658 words
      • Article
        Amsterdam
        237 26 +2.2$ Dutch shares closed higher, breaking out of the day's tight range late in the afternoon responding to a sharply higher London market and a delayed reaction to the overnight record on Wall Street. "We'd been doing nothing all day and then the buyers decided to come in during
        237 words
      • Article
        Stockholm
        184 26 •1.81 Swedish stocks dipped slightly after an uneventftil session and trade was subdued because of a closed Frankfurt bourse. The OMX Index ended down 1.81 points at 1,241.77. Turnover, at 1.9 billion crowns, did not match Wednesday's light trade of 2.2 billion crowns. Although Ericsson was the most traded
        184 words
      • Article
        Paris
        149 26 +27.05 French shares finished sharply higher, recouping nearly all of the previous day's drop, in a technical rebound helped by a rise in bond prices. The CAC-40 Index closed up 27.05 points at 1,920.70. Of the CAC-40 stocks, 36 finished higher, four lower. Volume was 3.4 billion francs. Suez
        149 words
      • Article
        Brussels
        195 26 +7.33 Firmer bonds, a steady dollar and Wall Street's strength pushed Belgian shares to a higher close ahead of today's expiry of futures and options on Belfox. This expiry, however, was expected to lead to high volatility in the afternoon and left traders unable to predict in which direction
        195 words
      • Article
        Milan
        189 26 +85 Italian stocks gained for the first time in seven days, lifted by buying for the new monthly account and the lira which was stronger against the mark. "At least half a point of this is due to this being the first day of the month," said an analyst.
        189 words
      • Article
        Zurich
        255 26 +2.1 Swiss shares closed almost unchanged after a quiet day with slack trading and low volumes. The Corpus Christi holiday in parts of Switzerland and Germany depressed trade, dealers said. No stimulus seen from dollar or interest rates. The blue-chip SMI index was up 2.1 points, or 0.08 per
        255 words
      • Article
        Johannesburg
        383 26 -6.6 South African gold shares soared in volatile late trade as jobbers moved in ahead of the June futures closeout, dealers said. The Gold Index notched up more than 4 per cent by close of trade in movement far beyond that justified by a slightly better gold price and
        383 words
      • Article
        New York
        764 26 +1.38 Stocks turned slightly higher in choppy trading early yesterday after bonds recovered from early weakness as the market geared for today's "triple-witching". The Dow Jones Industrial Average, which edged up 6.57 points to a new record high 4,491.08 on Wednesday, was ahead 1.38 to 4,492.46 at 1
        764 words
    • Article, Illustration
      Lock icon HONGKONG
      2587 27 Bloomberg Business News HONGKONG Stocks dropped after posting their biggest one-day gains since April on Wednesday, as concern that corporate earnings growth will slow tempered optimism that interest rates will fall. Bank and property stocks, which have the most to gain from easier credit, led the decline. The falls
      Bloomberg Business News; Source: Bridge Info  -  2,587 words
    • Article, Illustration
      Lock icon CHINA
      583 27 CLSA IN Hongkong, the H share index gained 0.63 point at 1,161.64 on turnover of HKS24.B million. Yizheng Chemical closed 1.8 per cent higher on turnover of HKS9.2 million. Both the Shanghai and Shenzhen A markets came under heavy selling pressure in response to the announcement of new A
      CLSA  -  583 words
    • Article, Illustration
      Lock icon TOKYO
      2473 27 Bloomberg Business News TOKYO Stocks rose for a second day on optimism that the government will jump-start the sluggish economy with an economic stimulus package, traders said. "The market began rising on word that the government may come up with some new Fiscal stimulus policies," said a trader. The
      Bloomberg Business News; Source: Bridge Info  -  2,473 words
    • Article, Illustration
      Lock icon BANGKOK
      1499 27 Reuter BANGKOK Stocks closed down after a bout of late profit-taking, mainly in finance issues, after some sharp gyrations earlier. The SET Index ended down 6.31 points to close at 1,381.57. Turnover was 96 million shares worth 6.8 billion baht. Declines led advances 218 to 90. Investors sold finance
      Reuter; Source: Bridge Info  -  1,499 words
    • Article, Illustration
      Lock icon JAKARTA
      1156 27 Reuter JAKARTA Share prices ended lower in moderate directionless trading, with propertyrelated and cement stocks topping the active list, brokers said. The Composite Index shed 2.05 points to close at 487.27. Property stocks Putra Surya Perkasa and Dharmala Intiland were among the most soughtafter, with 3.1 million shares and
      Reuter; Source: Bridge Info  -  1,156 words
    • Article
      CLOB INTERNATIONAL
      2191 28 Gt Gf "•5 Lam Vjl Dn Lot OMt Dh OH tH No M Cap Hi fc Ltm CmfH) Sab nil) High Low Bayer Seler CV P/E Smtl MALAYSIAN STOCKS 471 196 a ABB 30c WO -8 171 402 NO 390 394 JO -2 9 02 400 77J m
      2,191 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Dow record spurs Malaysian shares
        6223 28 Bloomberg Business News KUALA LUMPUR Stocks yesterday rose for the second consecutive day as gains on Wall Street and optimism about declining US interest rates attracted foreign investors. The benchmark KJLSE Composite Index rose 8.47 points to 1,058.44. The broader-based Emas Index rose 1.42 to
        Bloomberg Business News; Source: Bridge Info  -  6,223 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8317 29 C* Cr M Wi u ,M I v«l Day ImQm M> Di> VU Nm Can A»g High Lw Campuny Safe CWt) High Lm Bo>rr Setter C*w Pit Sail Price INDUSTRIAL AND COMMERCIAL 411 3*2 Ml > Aetna 50c 460 cd unck 150 460 451 4S* 4«0 22 5 5.1 2.5
        8,317 words
      • Article, Illustration
        Lock icon Late buying lifts index above 2,150 level
        1865 30  -  By R Sivanithy SINGAPORE Late buying of key blue chips enabled the Straits Times Industrials Index to regain the 2,150 mark yesterday, but observers were generally unimpressed with the day's activity. Volume was relatively low, while price gains were curtailed by a general
        Charts by Bridge Info; Source: Bloomberg  -  1,865 words
  • Page 19 Advertisements
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      264 19 NEWS VALUE Sakamto takes Parkway ambition to sharefeoMar* (pg I) Good for share price in the short term. YHS appoints Ng Twig Fong's son Robert as chairman (pg 1) Things might start moving faster at YHS with Ng Teng Fong stamping his mark. Bambang raises stake in Van Der Horst
      264 words
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      42 20 <*■' > r' S'NGAPOtE 0923 OP 6 NIN G MQ U GolUry 4 Fin# Arts Heng Arltond Co Jasmine FinTXta Joe's From, 'shop Johnny Qudtf* Gallery P •bu H »iar>g Teacroft Loong Hua Arts Crafts Orchatd Gallery Sin Hua Gallery Woi's Art Centre P
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      395 21 Bstound him with your impeccable taste. Amaze him with your incredible sense of style. Give him the Father s Day gift of a lifetime. A special hand-knotted rug, carefully seleted by Edmund Shukor. It'll floor him. FATHER'S DAY SPECIAL AUCTION Sunday June 18, 1995. Grand Ballroom Hilton International Singapore. Viewing:
      395 words
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      2222 22 Q 15June1995 KLS Investments To Parkways shareholders Pt C I-1 d Dear fellow shareholders, Your Vote is Important! Please Attend the Annual General Meeting of Parkway Holdings Limited KLS Investments Pte Ltd KLS Investments"), together with its controlling shareholder, Mr Sukamto Sia, as holders of approximately never articulated. The Board
      2,222 words
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      57 23 GARAVENTA <_ STAIR-LIFT CONFIDENCE ON THE STAIRS ENJOY A HAPPY LIFE 0 Allow you to glide upstairs or* f downstairs in complete safety. Can be fitted Po straight or curved staircases. j Can be folded neatly to leave the 1 stairway clear when not in use. I *Y- Dual usage
      57 words
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      Page 23 Advertisements Column 2
      417 23 Steamers Maritime Holdings Limited (Incorporated in the Republic ol Singapore) NOTICE OF CLOSURE OF BOOKS To CLS Holders Payment of interest on $33,510,193 principal amount of 1.5 per cent unsecured convertible loan stock due 1999 ("CLS") Pursuant to the terms of issue of the CLS, interest on the CLS at
      417 words
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      Page 24 Advertisements Column 1
      49 24 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daMy copy, caN Customer Services Section on 1800-749-2577, and ask tor home or office delivery service.
      49 words
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      Page 25 Advertisements Column 1
      154 25 M COMPLIMENTARY TABCEOf UABOVE n-^BSim Ittfar Rayaity MHX|^^^H cfiti kaoiG Thomson RESTAURANT *^H9HH ffl-M/tt TfetasM nan (Bait ta Vaafcaa) Raaarvatlaaa IM: 494 MM 9 9 With a worldwide team of 125 multi-disciplined 9 professionals and a network of international offices, 9 OCRA provides confidential and cost effective company formation in
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      Page 25 Advertisements Column 2
      21 25 •As and when the latest London/ H Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      21 words
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      142 27 MmEl Prtmero automatic chronograph movement. Blit 'A Non-reflecting sapphire glass. Water-resistant to 100 m or 50m. I^TH I Ab ,y J 114 1 M inmr SqtMR 02-101 Expo CMcway Tri: Watdi Cam PteMd«H36 Raffle* City Slopping CmtrrTd 33W155. *01-32 Lucky Plan T«J Z*****4 D*lum EaMra Watch Pfct Lid *01-18/ 20Centrepo«ntT«i:23S2SJ6
      142 words
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      23 29 fj^^^TJg^Bß^K ROY EASTERN WATCH, LUCKY P'JKZA, #01-74. #01-86/87/88 ORCHARD ROAD TEL: 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536.
      23 words
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      154 30 S__S_T I M E S kMflu tf AM MMMMBTMMUI Hi *mTtu I mi I illl I|« m mbmM mt MM SamfSt AltriMToMkppMWa SSfiStaMM Moa° "M? W SSSSiuSaM«fa MriMfIMIHMMM SMMMMBMMtetoMyMMM um*M» M M to MMMirk COM* (MM M ■pa MaM aaMM ky to h ■aaaaflMMMctomtftoMrki cmdtaaaßttoaMngup. M-gMN (MEIMUMNM NMNMtosf nie^iMc^i M
      154 words
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      Page 30 Advertisements Column 2
      333 30 M THE MATTER OF THE COMPANIES ACT, CAP.9O M THE MATTER OF J.P. MANAGEMENT PTE LTD OnNMMnrVMvy NOTICE OF SPECIAL AMD OROMAKV NOOUmOM Pwwrt to Sutton 290(2Xb)i At an Extraordinary General Meeting of N Company hald at Pananag Road #12-00 Park MM. Singapore 0023 on tha Mh day of Juna
      333 words
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      Page 30 Advertisements Column 3
      337 30 M THE MATTER OF THE COMPAMES ACT. CHAPTER 50 MRC ASU PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary Ganaral Maating of tha Company daamad to ba hald on 7 Juna 1995. Iha Mowing raaokikona ware duly paaaad: 1. SPECIAL RESOLUTION WMMNQ-UP That ta Company ba wound up voluntarily pursuant
      337 words
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      Page 30 Advertisements Column 4
      393 30 IN THE MATTER OT THE COMPANIES ACT, CAT.* AND IN THE MATTES Or APTECTION FTE LTD (la Miwlin' VI tain J ll| llitli i) At m rHi mil— j General Meetiag at Ike Coaapaay held 257 Setefk Road #15-27W251 Setepe Support 071 S.oaFn<fay. 9 Jaw 1995 II 0010 l ike
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      Page 30 Advertisements Column 5
      60 30 CORRIGENDUM Re la Members' Volaatary LiqaMatiea of Asiaa Chemical Tsakcrs Pte Ltd ia Resists* Times dated 12**5. The name of Ihe Liquidator should read at IJa Boon Cheag and not as published Dated 16 May IWS. Dear Aggie Hotline Leave us your problems A listen to selected answers by ourcounsellors.
      60 words
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      Page 30 Advertisements Column 6
      272 30 NOTICE Bank of Queensland Limited Series 1 Transferable Loan Certificates ("TLCs") repayable 9 December 1997 In accordance with the provisions of the TLCs, notice is hereby given that for the Interest Period from 16 June 1995 (inclusive) to 18 September 1995 (exclusive) the Interest Rate applicable to the TLCs is
      272 words
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      Page 30 Advertisements Column 7
      393 30 Singapore Closing Share Prices 15/06/1995 clom mn low mom «>MI» IM UN UN IM J -*n TJI 7.71 7.7S 7m rsssi *J« i» u« in LWJ 0.900 O.tIB OJt 0.V15 SmS i-«* ias ta I.m BAiuuma MI mll OHWM i.i» 1.17 1.13 i.ie Mm ojm ojm o^a Published by Jar
      393 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      517 31 Knight-Ridder Reuter THERE were rumours of firmer rates paid on the US Gulf-to-Ja-pan grain run, brokers said. The Baltic Freight Index for spot dry cargo shipping rates fell to 1,983 from 1,987 on June 13. PANAMAXES: Andre was rumoured to have booked South Korean tonnage for a July
      Knight-Ridder; Reuter  -  517 words
    • Article
      Containerised cargo likely to double in volume within 10 years
      351 31  -  Multimodal China Reports by Rahita Elias in BEIJING THE VOLUME of containerised shipments carried on liner services, expected to total between 25 million and 30 million TEUs (twenty-foot equivalent units) this year, is expected to double in less than 10
      351 words
    • Article
      Container throughput at Tianjin to hit 3m TEUs by 2015
      317 31 CONTAINER throughput at the port of Tianjin, which jumped 30 per cent last year to 630,000 TEUs, is expected to hit 3 million TEUs by 2015. Speaking yesterday to the 120 participants of Multimodal China 95, Port of Tianjin Authority
      317 words
    • Article
      ISF pressuring IMO over seafarers' issue
      232 31 SINGAPORE The International Shipping Federation (ISF) is pushing the International Maritime Organisation (IMO) to recognise the principle that flag states should assume responsibility for the competence of seafarers serving on their ships. IMO will be revising the International Convention on Standards of Training, Certification
      232 words
    • Article
      US Supreme Court spells out what makes a sailor
      158 31 WASHINGTON In a tangled technical legal dispute, the Supreme Court on Tuesday said that maritime workers who spend less than 30 per cent of their time aboard a ship generally are not considered to be sailors under federal maritime law. The
      158 words
    • Article, Illustration
      Lock icon View to a keel
      63 31 PR News Foto PAPENBURG, Germany The keel being laid for Celebrity Cruises' 72,000 tonne Galaxy. The vessel is being constructed by Joseph Meyer GmbH and is scheduled for delivery in the fall of 19%. Galaxy is the second in a series of three new luxury Celebrity
      PR News Foto  -  63 words
    • Article
      10 members elected to SNSA's new Council
      250 31 SINGAPORE The Singapore National Shipping Association elected 10 member-com-panies to its new Council management committee yesterday. The companies are: American President Lines, AP Moller, Chuan Hup Holdings, Esso, Hapag-Lloyd, Nedlloyd, Neptune Orient Lines, Pan-United Shipping, Regional Container Lines and RTW Shipping. At the
      250 words
    • Article
      MARITIME STOCKS
      318 31 S£S 000 J tin 15 S$ Vol CWT Distribution 1.58 unch 19 CWT Distribution A 1.51 Chuan Hup Holdings 1.15 unch 36 Cosco Investment 1.70 unch 15 Cosco Investment A 1.67 +0.01 16 Far East Levingston 6.50 -0.10 125 GB Holdings 0.795 Hai Sun Hup Group 0.805 -0.015
      318 words
    • Article, Illustration
      Lock icon Why shipping safety is in dire straits
      1239 32  -  A spate of collisions in the Straits of Malacca has brought the debate over safety to simmering point. John Prescott reports that Malaysia's proposed navigation improvements look set to gain approval John Prescott Lloyd's List V "W y HEN an east- bound tanker
      Lloyd's List  -  1,239 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      499 32 Page ABC Cont 16 •ANL 3 •APL 12 Able 7 Accord g •Ahlers 6 •Ahrenkiel 4 Antaco 13 •Appenship 4 Arowana 15 Astro g Austral 9 Avant 6 B'tang Mas 12 BSA 9 BTL 16 Bangladesh 12 Batamindo 7 Bengal Br 15 •Blue
      499 words
    • Article
      THE SHIPPING GUIDE
      10347 40 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. 1 The page number refers to the location of the schedule advertisement pg Dw ll Mt. 1 A Aartma 1806 13/07 MMfSk OSAKA BAY
      10,347 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        426 49 Vty Wi Bfth Vr*i D.pjrto. Jaronf Port Afcadan Spirit STA-09 J15 alongside 16.06/180< Astasia 677 J10/11 alongside 16.06/230! D*i Guna 06/02/95 121 alongside 16.06/230 Graaa 54/96 J9/10 alongside 16.06/060< He»y 06/05/95 J1 alongside 16.06/030( •van 8orzov 01/95 J4 alongside 16.06/230< Be 06/03/95 J1 alongside 16.06/230C Nhat Le
        426 words
      • Article
        CONTAINER SCHEDULES
        1500 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record B<x*f>t;BaUnce Rjftj Voy Hp Etb/Btr Period Fran To From ACX D»y 0668 16/2359 LA 15/1500 15/1659 15/1900 28 15/1700 16/0659 16/0900 3 16/0700 16/1159 16/1400 2421 17/0500 IA 15/1500 15/1659 15/1900 3 16/0700 16/1159 16/1400 4 16/1200 16/1459 16/1700
        1,500 words
      • Article
        COCKETT BUNKER MARKET REPORT
        1028 49 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
        1,028 words
    • Air & Land Transport News
      • Article
        Lock icon Qantas starts court action to fight HK limit on operations
        365 50 AFP SYDNEY Australian flagship airline Qantas Airways announced here yesterday it had launched legal action in Hongkong against a decision there to restrict the airline's operations. The action coincided with a court hearing here in which Hongkong airline Cathay Pacific
        AFP  -  365 words
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        Lock icon US agency opens brake probe on Chrysler
        250 50 Reuter DETROIT The federal government's vehicle safety agency said it has opened a new investigation into anti-lock brakes on about 68,000 Chrysler cars. The National Highway Traffic Safety Administration said the probe applies to 1990-93 Chrysler New Yorkers, Fifth Avenues and Imperials, as
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        Lock icon MAS removes in-flight Indian hit song
        217 50 AP KUALA LUMPUR Malaysia Airlines has struck an Indi-an-language song from its in-flight selection for asking the musical question, "What is under your blouse?" The airline was wrong to select the song for the MayJune period on its flights to India, airline spokesman Krishnadas
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        Lock icon Jaguars for Japan
        57 50 Reuter LONDON Employment Secretary Michael Portillo standing before a line of Jaguars destined for Japan at Southampton Docks on Wednesday. Mr Portillo, who was in the southern coastal port to announce labour market statistics, said the motor industry exported more than 600,000 cars last year, more than
        Reuter  -  57 words
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        Lock icon Indian Airlines asks air force to lend pilots
        207 50 Reuter NEW DELHI India's main domestic airline, Indian Airlines, has asked the air force to lend it pilots because many of its own fliers were protesting against senior stewardesses making more money than junior pilots, a company spokesman said on Wednesday. Eleven
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        Lock icon Canada plans to charge airlines for using airspace
        350 50 Bloomberg Business News OTTAWA The Canadian government plans to charge foreign airlines a fee for using the country's airspace to help defray the cost of its air traffic control system. The levy, similar to those charged in Europe, Australia, New Zealand and
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        Lock icon Federal Express delays opening of Subic hub
        178 50 AFP MEMPHIS, Tennessee The US cargo carrier Federal Express announced on Wednesday a 30-day delay in opening a hub facility in the Philippines, blaming Japan's intransigence over access to Asia's aviation markets. The company said in a statement that the delay was "forced
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          Lock icon Indon firm in US$900m LRT deal
          133 50 AFP JAKARTA Transportation firm PT Steady Safe signed a US$9OO million (S$ 1.26 billion) contract to build elevated light rail transit systems with state-owned firm Perumka, a Perumka official said yesterday. "The MOU (memorandum of understanding) was signed on June 9," Perumka spokeswoman Neni
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          Lock icon ANA to get go-ahead for 2 new routes
          101 50 AFP TOKYO Japan's Transport Ministry said yesterday it would approve applications for All Nippon Airways Co Ltd (ANA) to launch regular flights between Osaka and Shanghai and Osaka and Kuala Lumpur via Bangkok. The nation's second largest airline will start operations on
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          Lock icon Alitalia pilots call wildcat strike
          89 50 UPI ROME Pilots with the national Italian carrier Alitalia called a wildcat strike on Wednesday that led to the cancellation of scores of flights and left hundreds of passengers stranded at Rome's Leonardo da Vinci international airport. Domestic services were the hardest hit by the
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          Lock icon California may revise electric car mandate
          150 50 Reuter LOS ANGELES Mounting opposition to California's electric car mandate appears to have reached the state's policy makers, who now concede the zero-emission vehicle may not be ready for mass production by 1998. Officials from the California Air Resources Board and Governor Pete Wilson's
          Reuter  -  150 words
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          Lock icon Buffaloes cause plane crash
          99 50 AFP MANILA Two water buffaloes strayed into the path of a private plane in the southern Philippines, causing a crash that resulted in the death of one of the animals, The Today reported here on Wednesday. The three-engine plane, carrying five executives of the local subsidiary
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        AIRCRAFT ARRIVALS & DEPARTURES
        1448 50 AIRCRAFT ARRIVALS DEPARTURES a> rm« era n> Htm MmM GA970 2035 hkkU» SQ227 2230 Oaifri— KL837 1450 SQ644 0040 SQ327 1550 GA890 0205 KL838 2300 SQ26 2355 Mtmm SQ348 2250 <UcW—d NZ73 1605 SQ285 2045 SQ288 2040 NZ74 2340 ■MraM GF1146 1435 GF149 0710 MhpHi B421 1100 SQ182 0915 SQ181
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      33 31 (WEEKLY LCL TO: Algeciras Las palmas Barcelona Madrid Bilbao Tenerife Ceuta Valencia Why shipping safety is in dire straits: Page 2 Qantas starts court action to fight HK limit on operations: Back Page
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      198 31 The Art of making money is first having ,he Craft m SHIP FINANCING CALL US AT 2230 3 5 5 MAK I N IT WITH TOU QDIiS FINANCE 1 Hiod Offk* 112 Robinson Road, DBS Finance Building, Singapore 0106 ■OH <s We Became The Best To Eastern Canada By Making
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      829 32 ~1 I sssrr ss 1 Is sz; "s"! si PI PTIkI II »> 1.. I Hjjf****—U *7 11.7 111 11.7 11.7 8.7 tt.7 *7 -1 L— J L- 1 1 1 as;x;; y; a: ssr.'sr.T s la a a j> —nrT I n 5255 j f iV7,CBWKWKi)Bsawuit/>aLoTwyot;* g-jS-gg-gggg —5r E
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      190 32 Lines and service* represented by Members of the Registry of AccrecKted Shipping Agents, Singapore National vXEgf) Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090 |oR||||P|P|||P|||| tS*pore PJtstwgLoadbigFdn f CANALP 23/9 Uto ActrVAtWUK/NanWS Loads EVW. Mstsyds. Inrtonssis ILoacNngtor SEA RESOURCE HocMcWJ«*WAqtf» I PAN CRYSTAL I SAMMIFORYIER IXbai/Darrrrian/KuwaitßahralrVDoht. I Toads
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      898 33 fOONG SUN ■P* SHIPPING (PTE) LTD l CBfTRE, BLOCK 1,103-18 SINGAPORE 0611 TIL: *****55 (12 LINES) FAX: *****16/*****25 TLX: W*****0/***** F66HIP VESSEL VOY ETA ETD DESTINATION sun ray ia*s 18* r\n piaju/wuimban6 6ULF SULTAN 3*6 17/8 20* PONTIANAK/SiNTETE GULFKHAUO 11/95 22M 25* BENGKULU/PAOANG GULF SULTAN 3*6 19* 28* JAKARTA/PADANG GULF
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      1347 33 JEDDAH/UK/CONTINENT VBSa/VOY ISTOH rDM ITMN MM STON UN M km*m Co* Hr. ■IUOTI MBBU H4S tt/M M/M 11/ V 11/17 M/V M/V W MMta. MM MMk ■HIOT*MUM IMS B/M < M/V 11/ V IJ/V IS/V fc«M—. Mill liiii.M,MMl BBS"" [#Jr ss r k as a=r rsssssss. MEDITERRANEAN (MED CLUB)* VBSO/VOT
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      799 33 0 HANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 3260^233 DOCUMENT TEL: *****71-275 5SS 1 Sft 22 25 ran m SM LME HAUL M U Krt 52 221S IK 152 hanjm kunsanh7e 2m h new roßx sen Ttn an m KMIS SB&ura?lK SIS XLn 22 MENES HOMZOM 0041 3M M.
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      705 34 mm* jbmh mm: souihmhw himuk wnanm uimar jagg dßt =J= =»z =18= =st dß= =S= as™ -ag —as—^ —iig —b —b —a -fe =1= =?=^==t=^==i=— IE ZZZZZggZ— jg w w w m S7Tmma, g u> m wt m s? lUSO ACGEPW HBN MGTMUTSM USTMUYM NMMBtt MM VCINMI say* saaaa assa.
      705 words
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      Page 34 Advertisements Column 2
      772 34 I NORASIA I KAENOCAVOUR S2SW 2MI 17*7 IMT7 nSi VJS, VMJ IM7 I mm HOMKONG 9877-J Mm riM Jlyf7 gtw n l JfJl *J2; 22? 25 «MS I ««*i»i3SSSSSS!S j.H.IHJ:ik'I.IMM.I:».iJMiJ.i,N.ILJJ I-MJU,|,nui, > ii, l |.njw>TWCT^^ M J HI ss3»« a 5 s f SEES, K!«^^«wS£2KSS2£2E2ESE2E NOR HONGKONG 1627-3 11/17 17jf7
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      580 34 JAPAN/HONQKONO/STRAITS REGULAR SERVICE LOADING FOR PORT KLANQ/PENANG a I VOY I STORE I P buiumc I wc —[mi JUFHtR tu) mrr EASTBUtHERO U gff 1| am a "1175"- air: W<T 22_ 21 JUN 14 JUN tHUWT *i j 2sjun aaw Z7jua omen vam 17 »jum 1 SIS oceanmave 2 ~ri7m~~
      580 words
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      1037 35 H STRAITS SHIPPING PTE LTD 19 Hm Chlaai Road *11-01 Kappal Taware Slapapara 02M Tal: *****88 Fax: *****17 mm quinea pacific urn accepts rjngK service of china navigation CO) CARGO OUC SAILS ZmUw C JMMAM-32 WMI Mm, Lit 17 All Jm 11 Jut 21 Jm I SIIMfTSVBffiME VMIIE KX, Son.
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      Page 35 Advertisements Column 2
      1929 35 P&O Containers (Singapore Agencies) Pte Ltd K J Slw? S? 10 Ho€ Chian Road W7 01 Ke Towers, Singapore 0208 First Class Connections WORLDWIDE TH: 225 2233. Teiex: rs ***** pnocsp f«x: 225 5327/222 7517 CR Number *****9 *****Z EXPORT IMPORT irarvn V*»B«L VOY -PMC *PKO WN SOU ANT ROT
      1,929 words
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      Page 35 Advertisements Column 3
      510 35 OUTSOUNP HQ. PBI JOH SM HK6 KAO TAI KB TOK TOK BAG KDB OH MOJ BUS MMHM 211 <UM4 13M MM 17M lUMI 23M 24M MM! 2MI (IA7 KJVI HV7 KA7 LffICOCSMM 1«M lUMI 73m ~2&M I I 1 1 1 1 MMIHM22I4MH MAI 18iM 17SI IMMI 2MI 2MI 2MI
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      998 36 E SIT R* 1W W U)7 E 6UIOERE-884 m 2t* 2*4 MPTI I SmPJES 1 IV7 11/7 w 18/7 1%7 tUMRHH iU >11 it) u Mi 2M 2M 9 f 222L5551 n nn nn nn nn nn e.mbtrvmms m m m u 74 t «e«« wm»i in nn nn m
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      Page 36 Advertisements Column 2
      653 36 11 DHN Mx rwT iii m mmwmm mmuw nm mm m ™n XL I !EJ i!S as iw «S I iluM CONCERT 03»4inv 7 «7 775J7 ?S .<r JJSS I |MMIGGVnMranOOM.nMMN.JBaMJ«MOUMI.MUDIT|MMQMOOI|.BM«iWO«HMuOHMiiniini«HOMMM«LIOMarTMIHmiOM I IWMtTWB^vm:^5 HVIM I HHM &M OM7 JOHMWei* CA«TOw* I ■umfoptu* mym* mm mm iJK !SE IM7 I ■umwtm.
      653 words
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      Page 36 Advertisements Column 3
      674 36 k I K) WCHFKLOMAWMEAQBICIEB (8) PTE LTD II IWI TEL: *****33 (12 UNES) I Kl FAX: ***** IS/*****03 Irjcjj TELEX: R3 ***** RtSMP (3 UnM) l= CR NO: **********0E I -r-=r— I «r r 111 j f (National IJms of EAiopia) I ACCEPTING FCL AND CONVENTIONAL I Viml Voy CTA
      674 words
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      1341 37 SOUTH AFMCA ft EAST COAST SOUTH AMBIICA umm 4#«m Tn/a—ni) tnim '-ttitiu'iti- sassy srxstsr 2=?£ SSI isawss' avsr-* jssr~ ft/. I 7 tttslt*ni7 rli; 17 tW 17$ T«: U.I. EH Cm* To: Hm#mvC«lm Fmn: U.S.A. East Coast From CUI i«m« Km« H=n 55, EIS, So; ?«6 WHBMMMt Wt W CM
      1,341 words
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      Page 37 Advertisements Column 2
      441 37 HEUNG-A SHIPPING (KOREAN FLAG) I! i maammmsama convamoiiAi »via 1 iwawc f« iwiilii \m \m l go* \mswm Im li [M|g \m |i"Rrj WWim* 100/*****/04 I 10/04 I l&f DONAM MM H/M 11 t/*****/0024/M MWUfli 111/04 114/04 IM/04 I H/»t I M/S I S/Sl m/m IM/m mI!SS nyS iMiBI I
      441 words
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      273 37 2 HMWELOCK ROAO, *04-01 APOLLO C9MTRC, 9M 0108 TEL: *****20 (8 UnM) PAX: *****36 TLX: RS ***** SCHHI CH MOc **********0N BOQKJKL LU/JKSM rmuu« wmmmm mmmmmmmf, MDONE3UAOBTC P.T TR9CORA LLOYD JAKARTA TEL: (Z1) M2977QM***** CTP: DJONVSANUBI FAX: (21) MOSS 17 WESTBOUND VSL JKT BUV tOP AOM MM HAM ANT TM
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      Page 37 Advertisements Column 4
      735 37 I Jt FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 y HOT UNE: *****33 (30 LINES) GOTHENBURG/SCAM 19/06 RfiTTFRnm 19/06 AARHUS/COPENHAGEN 19/06 naMM.pftfI REMEN 19/OA MARSEILLE/FRANCE 20/06 FELIXSTOWE/UK 19/06 BARCELONA/SPAIN 21/06 LEHAVRE/FRANCE 19/06 GENOMTALY 17/06 ANTWERP/BELGIUM 19/06 LOS ANGELES/WC/IPI 23/06 SYDNEY/MELBOURNE 18/06 NEW YORK/EC 23/06 FREMANTLE/ADELAIDE 19/06 VANCOUVER 23/06
      735 words
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      841 38 ■sgSffiiHiniT?iirsißlß!3 I—EHEM—bj »J1 J M [vessel voy sw jkt IvtssgL toy I SM PEN I^l H 11 VESSEL voy 5S f WAHABHUM 2806 ~Bat 17/8 Tu> 20/8 BUNOASEROJA_ _30SS__ ■HI HATHA BHUM- BIN «t I 17* VlfU BHQM l*S Mw 1M Th> 2M THANA BHUM 128H T»a «VS Wd 21/8
      841 words
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      Page 38 Advertisements Column 2
      183 38 {Continental Pacific Shmoma r m *11 J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KXU STORE PKL LOADING FOR cane SLD SID FLU/ROT/ANT/UK LEOM SID MPT 2QI FUJ/ROT/ANT/UK FIfCHA MPT 2«« 3/7 FIU/ROT/AMTAJK *Loi#i SffciMndOfictiJ C R NO. **********8H CONTIPAC SHIPPING PTE LTD M 2HIM/Fmc *****40 ML MULnPORT SON Mk TIL: MIHW
      183 words
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      Page 38 Advertisements Column 3
      809 38 I 79 ANSON ROAD, #21-01, SINGAPORE 0»)7 TEL: *****92 FAX: *****87 CR **********0N THAITS SHUTTLE SERVICE wssa RT I PENANQ vor «w m B vessel Ivor I a pa Tru 16A16FRI B LHOTSE 5033 07** WED OaWffil -3S IflS I < W OM6FW iTSsluji XOUR SPORE 57ua iaO6MON LHOTSE 5034
      809 words
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      543 39 iIiBSAiL 'tei MYANMA n FIVE STAB LINE (Myanmar National Lint) i Loading for Yangon (Rangoon) rpm p.ng pen rui PAGANW2OW no i JKOMAYWA VIS6W 2VOI MTHEWVIS3W ttM IMUrSiA AGENTS: SOUSTEAO SHIPPING AGENCIES HJL TEL SZ43 *****5S PtL. TEL S2-S3-*****01 i 18. S2-S4-*****52 P6O: TEL S2-S7-2512J21/4 ta| NIGERIAN NATIONAL j WP
      543 words
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      Page 39 Advertisements Column 2
      630 39 f PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cacfl Street, PIL BdMbig, Singapore 0106. I cn NO- inrwKTnrmnF I I 1 «WR, WHIT WW, MARRAWA. WAS, OTA SJMOUTI I VESSEL VOV SMI TIMS MSA SIN I KOTA JASA JSAO2S MS 7/7 IOTT 24ft I KOTA PET AMI PETO3S MS 11/7
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      Page 39 Advertisements Column 3
      855 39 11U I VtMtLS «N 'I LE HAVRE HAMBURG THAMES ROTTERDAM ANTWERP J WLLE D* AQLHLA AQ9W 18/06 10/07 12/07 IVO7 15/07 IMJ7 I V.LEP'HYPRA HOBW 27/06 16/07 2CHO7 22/07 23/07 24/07 J I VXJ-E DE LYRA WW 04/07 25/07 27/07 2W07 3CVO7 31/07 I VHEDEVELA W9W _Jl/07_ 01/06 03*08 05/06
      855 words
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      1571 42 Bff AS AGENTS: "IT UWI (WiatfOW) FTM LTD (CMOrtHMT—WIITWBWfMW7MM> TEL22IB977THfXKAkVAWRS23I65FAX *****167/09 T VVTBT MALAYSIA: "K" UM MAMTMI (MALAYSIA) HN BHD XaL TOjSA *****00 PK *****75 PEN *****20 JB *****01 PGU2slB62srt> WDONESIA: P.T. SARANA LAI/T MnMNUSA, TO. JKT *****06 M. AMpmCA PACIFIC IOyTIWfUT IMPOUT H. IMWOA PAOIWC tQUTIMWtT EEL*2® 5" 00
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      Page 42 Advertisements Column 2
      1405 42 I AMERICAN PRESIDENT LINES, LTD. I 19 KEPPS. WOW fOB-OI JT POH BUUKQ SNGAPORE 0208 MAIN UNE: 225-9988 CUSTOMER SERVICE 225-1225 FAX 221-WB2 EAGLE VOCE 3219-4W CFS *****88 j TO NORTH AMERICA CANADA WEEKLY CONTAMEiRBOED BERVICS [WMBAWMI ra ina. \rm Jtr m littnaMnmt w Iwlwilgi I pot i hou i«i
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      594 43 (A WHY mm MWWIYQFH) XXtXXLo Seabrfcgfe TMIMN«TMIWV MAIN LINE: 278 7772 w Pmo WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ktd rro COLOMBO 21/04 86/06 CMITTAOONQ 24/06 01/07 CALCUTTA 20/06 26/06 ■01—AV/NBW D6LHI 20/06 26/06 KARACHI 22/06 26AM —DRAB 22/06 26/06 USA/EUROPE ■TO BTD USA (ALL INLAND NMT) 16/06 26/06 BUROPB (ALL
      594 words
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      Page 43 Advertisements Column 2
      1446 43 -aTNedllovd Nedlloyd Lines TWO SAILINGS TO EUROPE EVERY WEEK!! "■R 8«« Rfcg M See Left Rtm Aw* Mam Brti NLL AMERICA /3245 18/6 17/6 19/6 20/6 29/6 9/7 10/7 13/7 14/7 12/7 THAMES /421S Uk Sin NU NORMANOtE /1245 21/6 21/6 23/6 21/6<F) 13/7 15/7 9/7 10/7 11/7 NIIHONGKONG /om
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      Page 43 Advertisements Column 3
      335 43 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Teh *****22 (10 Linos) FAX: *****05 CR No.: *****8 200 00R I y** Y.S.N. LlNE M ,ijjiii.i, l i,i.j,i,iijjij.iuii.i,iuuj r ll^ znsm ST it Tir* !g w g Tjjjr mS ihm ?iay» te T, <M wb na*
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      1178 44 ■□cmsanza WE COVER THE GLOBE! "*■s vSJ ETA I ETD DESTINATIONS Namm* Panama I—l——l— MC-WNNEY MAERSK V 9606 ANNA MAERSK VJ6I2 CY- 20Q1200WS CY 21/8 1200 MRS I CfS 20/6 0400 »ffO Cf S2t* o*oo WW ATI. BAL CHS CLZ LO6 MEM MM NYC OAK PML OQ MC-WNNEY MAERSK 9606
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      643 44 wi I PXELANG I HALIFAX N.YORK NORFCJX SAVANNAH TAMHCO HOWON HOCQHDOKE 0630 04*06 JUL 129 JUN D 16 AUQ 19 AUG 22 AUG 29 AUG 28 AUG 2SEp" HOEGH MIRANDA 0730 26/27 JUL S JUL H 0 SEP 12SB? °Sip "Sct X %> -WMtim FROM INDONESIA, SPORE TO BELAWAN, PAOANQ,
      643 words
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      Page 44 Advertisements Column 3
      389 44 PHILI OnifNT V"* LIN€S PU LTD ®TEL: *****00 (16 LINES) FAX: *****76/*****38 CH COOK **********0 M SzJB P. WMW 03-*****96 PUMIO(M *****0 Q I AUCKLAND, WELLINGTON, LYTTLETON, 20 JUNE I NAPIER, CHRWTCHURCH, NEW PLYMOUTH I ROTTERDAM, HAMBURG I ANTWERP. ALL EUROPE, INLAND DESTINATIONS 19 JUNE I AND CENTRAL SOUTH AMERICA
      389 words
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      676 45 LIMACQOI T u p,,Ud I w k first forwarder in ASIA AWARDED m fc ISO 9002 BY LRQ LCI (MsatdotiM iodttdhg sSriaa£ l Awtt CgjTE,*USU.»7,M*7 |w!4H Singapore 561 1668 272*9838 Mi AWO LOGISTICS SERVICES in Also has offices in:MALAYSIA THAILAND PHILIPPINES 038 Jif HONGKONG VIETNAM INDIA W V TAIWAN BRUNEI
      676 words
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      Page 45 Advertisements Column 2
      798 45 -^-sy^-gsf--air-y g —ft--ft —ft —ft--ft- an^a,. JM1 m m m um at mmj Tr"; in uuwaii iia* tin hi ad mm an an gjgL. JJ* 2" nm- a a 22 22 ntl tw»«i» Ma na m sa am a a ND AMENCA 8v 118 B-w 81.17 11 17 19 IT
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      Page 45 Advertisements Column 3
      379 45 i Mh 'JOINTLY OPERATED IY M ATLAS LINE, CHITTAGONG KMTC LINE, SEOUL Vl^ ■i (ATLAS SHIPPING UHES LTD) (KOREA MARINE TRANSPORT CO. LTD) IF** fAI EAST -MY Of »f»6At •Ce»y»TtO<AL l|6l»t IUEt SCIVICE I Vwwl v#y Sta djlimi M—jti 55 v/m/n o/u/% v/S/n hwki m vm/n H/ti/K %/v/n shwsbi OM
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      324 46 J. Singapore Soviet Shipping A Co Pte Ltd"v" CD 110:**********0N BOMBAY/COCHIN BS I** <W ITrn bom WC ft* MAQLOfIV OLAO4S 22AM *VW OUMK 207 Mm 04/07 MKKHAMK KUHAKOMKOM OVD7 11/07 17/07 |««AQLO«Y QLAQ47 21/07 > HOCHIMINH/HAIPHONG h*BML VOV MM HCM MPH l_ PIOMEB KMOI OISVW MAX 04/07 WOWKH KMOI 03SVM
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      Page 46 Advertisements Column 2
      110 46 MBI SIM FAR EAST 20/6 KEELUNG/KAOHSIUNG 18/6 BANGKOK 18/6 MANILA/CEBU 21/6 JAKARTA/BE LAWAN/SU RABAYA 19/6 PORT KELANG/PENANG/E. MALAYSIA 19/6 BUSAN 18/6 TOKYO/YOKO/KOBE/NGO/OSA 19/6 HONG KONG SIM CHINA (*B#±**n) 19/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU OALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 20/6 LON/FLX/LVP/SOU 20/6 RDM/HAM/ANT/LEH/GOA/OSI7GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech SIM
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      Page 46 Advertisements Column 3
      317 46 I STAR SHIPPING AGENCIES (S) PTE LTD AQMNTtPOfb ZIM CONTAINER SERVICE GOLD STAR UNI LTD SETN SHIPPING CORPORATION TELEPHONE: 220-6666 (8 LINES) FAX: *****70 M *****12 (MAMtfTWC) (Q NO. ********** M) n umxA/OHmM savias ffibr Sr winrai? wr "§V ~stt "SV ttV" hamniau* a n/iuuaia nn i/i i/» J/1 i/i
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      Page 46 Advertisements Column 4
      357 46 I VESSEL VOY SIN MAA SIN TIGER BAY 339N *****6 21 25»06 29-0107 TIGER CAPE 340N 19-2006 25-28/06 03WJ7 TIGER ISLAND 341N 22-24/06 28-02/07 06-06*07 TIGER BRIDGE 342N 26-27/06 02-05/07 10-11/07 TIGER BAY 343N 29-01/07 06-09/07 13-15/07 TIGER CAPE 344N 0304/07 09-12/07 17- IS/07 I~ VESSEL VOY^SW^^^CA^^SW^^l TIGER SPRING 209CN8
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      Page 46 Advertisements Column 5
      239 46 m M FKM NBJ STB AUCK UT^^| MUWH347 IMS MM wF~ H/ti W HATHA 1141 tun IM7 ZM7 IM7 tOu KM c vctoukmi turn i*m um nm i*m 1 umnnnnssi um am ttm »m um mm I Auckland I w tn «w oa m m «*u«a M 7 )w mm
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  • Page 47 Advertisements
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      Page 47 Advertisements Column 1
      260 47 FOUR VMESNIQEK SABJM6S: P. fiUMm/SPOHE «ta eta MML VOY MMQUOANO VOY amOAPOfv sasss; jkjssss? ssissssy sskss; as SSIES, sssasss sHii"J2£5 V 4098# aiAOS(WED» 4006N 21/06 (WED) KUALASUKV ***** 22/00 (TMU) 4099N 23/06 (FRO C/Bf IIIMWOOOWI conventionai sirvklVW/ffl ETASM OISTBUTIOM MBOARNJAH mi/95/06 14/6 PBCANRARU/tXJMAJ/iA^ BHANiAH 81/95/02 14/6 PB(A/^LA«U/DUMAI/iA^«< VBCAR ISOAH MI/95/07
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      Page 47 Advertisements Column 2
      417 47 FULL CONTAINER SSRVICS FROM EM TO NAORAS VMOU/VOV ETASM ETA MAA TWO BAY V 3MN IS-17AIS 2MM PWVOLVC Vil 17-IMM 21-220S SEA ORAOON V OMOH IS-IWBS 24-2 SAW TWER CAPE V 340N IS-200S 29-200S PESTOVO V.17 2041 AM 2S-77/0S TWER ISLAND V.34*N 22-24/00 2S-02/07 PRAVOMSK V-21 2S-2SOS 01-0307 TWER BAIOQE
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      Page 47 Advertisements Column 3
      294 47 NSO SHIPPING nXnAoeNC/fs pre ltd Ms *****29 Fox; *****59 WEBar wm /iq comomoHU ajjg Haphong i Ooy? transit loodtng Jum 7t July 09/21 Ho Chi felnh 3 Days Irmt Loading Juna23/30 JuJyM/13 lamfcay Modrn loading Juno 24 July 02/01/14 toodi Loading Jon. 23/29 July 07/14 Colombo Loading Junolf/24 July 03
      294 words
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      Page 47 Advertisements Column 4
      708 47 H 'NEPTUNE SARDONYX 01W' eta SGP 24/06/95 I I W AfOiir II ETA RDM 10/07/95, FLX 12/07/95, I BRE 13/07/95, LEH 15/07/95 I CVDABT --Milli'ai'in Mil I LLL." l 1 EXPORT WQAEOmCAUfOmmPHtISS(tCX)TO*UfWC-CANADA S2I SSS !Si o*«c van I«r aw. I cco I hou I mm* |m I roe I hom~
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      703 48 •M M AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharun) vlttlWl C.1.5./RUSSIA: Alma Ata Ashkhabad, Baku, Dushanbe. I MilitTw A Mi «rfi Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov. Moscow, kSumliTj^irTujin j L_i. Novosobtrsk, Sochi, Tashkent. Tbilisi. Vladivostok, Vostochny rorwaraers Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE to west coast
      703 words
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      Page 48 Advertisements Column 2
      576 48 PAI nfIMT *i MCB I rT-vvH Agents: MAC-NELS SPORE: *****22 (24 LINES) CJ V/ \zj WU(W»ltt7» KUCHMG (062) *****3 BANGKOK (682) *****57 MAMLA (632)*****81 P. KELANQ: (03)*****77 JAKARTA: (21)*****07 SURABAYA: (31) *****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE I PEN PKL SIN S SAILINGS/WEEK PK SIN 20/6 21/6 22/6 HKG/BKK/KEE/KHH Gburg/C hagen/S
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      Page 48 Advertisements Column 3
      333 48 STRAITS/ JAPAN/STRAITS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO SO TONS lEU [in ummkfoi ,vtssa vot s» w SPtMGTtAM 2 M/ 4 24/* TAWAU M/i U 3/7, KUMT 4/7 UUUT-Mm 5/7, SOMKU IS/7. NAGOYA 14/7, TOKYO IS/7 OMGHTVKA 141 25/4 24/4 JAPAN
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      132 49 REGIONAL WEATHER LEGEND: R Thunderstorm Temperature c X\ V Slower Weother _X Wind direction with speed n knots Rain C-/ Cloudy Sky Wove h«ght Sarface winds are indicated by arrows which fly with the wind \*J One Hdl circle represents coim or ight and voriabie winds 1 One hart fleche
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      Page 50 Advertisements Column 1
      126 50 In view of the continued escalating cost of providing shipping I services, the following shipping lines have no alternative but to I implement a rate increase of USDSO per 20ft and USD7S per 40ft I container on cargo carried between Singapore and all Intra-Asia I destinations. The rate increases will
      126 words