The Business Times, 20 June 1995
1995-06-20
1
42
https://www.nlb.gov.sg
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The Business Times
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Title Section12 1995-06-20 1 Business Times WE KNOW ASL MITA(P) 194/12/94 Tuesday June 20 1995 85'12 words
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2am LATEST
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Article57 1995-06-20 1 Bloomberg Business News NEW YORK Bank stocks led a rally in US shares yesterday after First Union Corp said it would buy First Fidelity Bancorp. The Dow Jones Industrial Average rose as much as 27.32 points to a record 4,542.61 at around Ipm EDT with risesBloomberg Business News - 57 words
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Article37 1995-06-20 1 Reuter LONDON British Prime Minister John Major's prospects of retaining his grip on power appeared to improve yesterday as fellow Conservatives contemplated the damage the party would face if there was a leadership challenge.Reuter - 37 words
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Article168 1995-06-20 1 Stock market indices Monday Change STII 2,128.1 -5.21 KJLSE Comp 1,052.59 -12.0 Nikkei 14,700.06 -3.11 Hang Seng closed SET Index 1,383.16 +0.20 Jakarta Comp 485.40 -0.64 Manila Comp 2,783.75 -6.56 Taipei WPI 5,249.88 -91.32 Seoul Comp 886.31 +5.64 Bombay BSE30 ..3,371.55 +22.08 CLSA China B unav Aust All168 words
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584 1995-06-20 1 Jenny Lam - By Jenny Lam SINGAPORE Parkway Holdings is negotiating to buy two medical practice groups, a move that would complement its chain of hospitals and consolidate its position in the healthcare industry. Sources told Business Times that Parkway, a property company which584 words
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Article, Illustration434 1995-06-20 1 Catherine Ong - Dispute over the Tenet deal By Catherine Ong SINGAPORE Parkway Holdings has hit back at Sukamto Sia's allegations of the group's proposed takeover of US-based Tenet Healthcare Corp's hospitals in Asia, saying the Indonesian tycoon's statements "give shareholders the wrong impression". In the latest434 words
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572 1995-06-20 1 Leslie Lopez - From Leslie Lopez in JAKARTA INDONESIA yesterday awarded four out of five regional telecommunications monopolies worth billions of dollars, ending months of protracted negotiations. The fifth award sought by Singapore Telecom and its Indonesian partner has been delayed pending further572 words
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397 1995-06-20 1 Genevieve Cua - By Genevieve Cua SINGAPORE Non-oil domestic exports rebounded with a respectable growth of 15.2 per cent last month, indicating that the statistical distortion which caused an abruptly slower growth in April has been evened out. April's non-oil domestic export growth dipped397 words
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367 1995-06-20 1 SINGAPORE Singapore Telecom's joint venture with a Chinese telecommunications operator to install 500,000 lines in Shanghai will cost US$3OO million (Ss4l7 million) over three years, says a report in The South China Morning Post. Sources in Hongkong were also reported to have said367 words
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Page 1 Advertisements
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Advertisement228 1995-06-20 1 The World's First Vibration .i# v Reduction (VR) System For Enhanced Sharpness Nikon ZOOM 700VR Zoom AF Compact Camera 38- 105 mm lens best buy KM $599 .mjl Frte gifts worth $120 "|wf n (1 Nikon large multi-purpose t\ 'j jrl bag worth $65. 1 Nikon Ly r orginal ca»e228 words
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Advertisement9 1995-06-20 1 Thais venture into satellite design and assembly, Pg 79 words
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Advertisement8 1995-06-20 1 Property: Pg 9 When mortgage sales were popular8 words
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Advertisement9 1995-06-20 1 Hock Lock Siew: Pg n Cosco's acquisition shows promise9 words
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Advertisement95 1995-06-20 1 Bottom Line: Pg 16 Normalising yy The World's Smallest 35-70 mm Zoom AF fcr Compact Camera Nikon ZOOM 310QD jB Weighing a mere 200g with sophisticated features in an K ultra compact 117x63x36mm body with Macro and Panorama jtt BEST BUY $429 I Free case worth $40 Nikon Camera Centre95 words
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SINGAPORE NEWS
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EYE on the ECONOMY
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Article, Illustration330 1995-06-20 2 Jenny Lam - By Jenny Lam AFTER a pick-up in business in March, retail sales in April fell by 10.6 per cent over the previous month. Excluding motor vehicles, the index declined by 8.7 per cent. According to latest figures released by the Department of StatisticsSource: Dept of Statistics - 330 words
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394 1995-06-20 2 David Mok - By David Mok A CONSORTIUM comprising Sembawang Media, ST Computer Systems and Singapore International Media (SIM) will be Singapore's second Internet public access provider, having bought gov-ernment-funded Technet for $2.5 million. Technet was set up in 1991 by the National Science and Technology Board394 words
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Article, Illustration411 1995-06-20 2 Ven Sreenivasan - By Ven Sreenivasan EMPLOYERS and business groups have welcomed the government's move to moderate civil service pay rises this year, saying it will help the private sector contain wage increases. "As the government is the biggest employer, private sector bosses will take the411 words
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243 1995-06-20 2 Lee Wai Leong - By Lee Wai Leong SINGAPORE Most subscribers to Technet the service that provides subsidised Internet access to the local educational and research and development community will continue to enjoy a subsidy after Technet is privatised. Disclosing this yesterday, the National Science and243 words
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331 1995-06-20 2 Agnes Wee - By Agnes Wee REFLECTING the growing importance of the travel industry in the Asia-Pacific region and Singapore as a regional tourism hub, an Asian Travel Market (ATM) will be held here for the first time. Response has been encouraging,331 words
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228 1995-06-20 2 SINGAPORE AXA Life has introduced an insurance policy that provides cover against major illnesses. AXA, part of the international French insurance giant AXA Group, said yesterday its new Platinum 5 plan covered heart attack, cancer, stroke, paralysis, motor neurone disease and other228 words
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Page 2 Advertisements
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Advertisement227 1995-06-20 2 THE UNIVERSITY OF HULL England 1927 "OVER 100 GMs, MPs, CEOs ALREADY IN THE PROGRAMME!" "ONE OF THE MOST ESTABLISHED IN SINGAPORE" MBA a First to offer TQM and a Systems Approach to Creative H4f!)V9fJfl Solving the management philosophy of the 1990s First to offer Entrepreneurship and Project Management as227 words
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Advertisement140 1995-06-20 2 MONASH MT ELIZA BUSINESS SCHOOL, MONASH UNIVERSITY, AUSTRALIA IN CONJUNCTION WITH THE ASIAN STRATEGY LEADERSHIP INSTITUTE PROUDLY PRESENTS The First ASEAN ADVANCED MANAGEMENT PROGRAM Designed for the top level executives In recognition of the advanced standing managing in the ASEAN region, this of the program and the management leadership, strategic140 words
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SOUTH-EAST ASIA
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Article, Illustration435 1995-06-20 3 Loh Hui Yin - It's home to a third of the nation's people but contributes only 11% of GDP From Loh Hui Yin in KHON KAEN, Thailand THAILAND'S poor north-east region must be turned into a "production and income" centre rather than a passageway for rapidly developing Indochina,435 words
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369 1995-06-20 3 Claire Leow - Reports Claire Leow in KUALA LUMPUR THE electronics industry may be cyclical but ofTers good opportunities, said Arif Nun, deputy director-general of the Malaysian Institute of Microelectronics, yesterday. "They (investors) don't understand times have changed. They don't understand that this boom-bust cycle369 words
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263 1995-06-20 3 CHINA is learning from the experience of Singapore and Malaysia to build up its own electronics industry, said a Chinese official yesterday. Li Baosheng, executive vice-chairman of an electronics sub-committee under the Ministry of Electronics Industry, said Beijing was embracing foreign technology and seeking263 words
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259 1995-06-20 3 Reuter JAKARTA Indonesia said yesterday it would manage its economy with extra caution and emphasised that it had no intention of rescheduling its mounting foreign debt which the World Bank said had reached US$lOO billion (S$ 139 billion). The World Bank saidReuter - 259 words
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Article104 1995-06-20 3 Reuter DAVAO, Philippines The leader of the country's Muslim separatist rebellion yesterday warned of renewed war in the southern Philippines if peace talks with the government ended in failure. But government officials in Manila said they were hopeful a separatist conflict which had killedReuter - 104 words
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Article99 1995-06-20 3 Reuter JAKARTA A survey by Japan's External Trade Organisation has cited Indonesia's bureaucracy and customs tariffs as among the most important factors blocking Japanese investment, the official Antara news agency said yesterday. The survey covered 2,100 Japanese-affiliated companies in Indonesia, Malaysia, Thailand, the Philippines, and Singapore, andReuter - 99 words
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Article95 1995-06-20 3 Bernama KUALA LUMPUR The Ministry of International Trade and Industry approved three projects with Irish participation amounting to U*****.6 million (Ss4ol million) between 1990 and April 1995. Its minister, Rafidah Aziz, yesterday said these projects were for p re-cast concrete products; liquified petroleum gas (LPG), dieselBernama - 95 words
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Article37 1995-06-20 3 Bernama MANILA The Philippine government will impose more environmental and pollution taxes over the medium to long-term to support efforts toward sustainable development. This was disclosed by Socio-economic Planning Secretary Cielito Habito yesterday. BernamaBernama - 37 words
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96 1995-06-20 3 Reuter JAKARTA The World Bank has urged the Indonesian government to set guidelines to enforce awareness of the need to protect the environment. "Pressures on the environment are growing rapidly in Indonesia. There is a role for government in managing these pressures," the bankReuter - 96 words
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61 1995-06-20 3 AFP JAKARTA Legislation covering small business will be passed this year. Small-scale Business Minister Subijakto Tjakrawerdaja was yesterday reported as saying that the new laws would be passed to coincide with the 50th anniversary of Indonesia's independence. "The draft bill is being discussed and willAFP - 61 words
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Page 3 Advertisements
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Advertisement353 1995-06-20 3 lfil/j IW. cA a'"" i" f J fa If I f J V r HP knows how critical your network server is to your business. So HP Net Servers are engineered to ensure that your network servers are always up and running. All HP Net Servers support Redundant Array of353 words
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CHINA/HONGKONG/TAIWAN
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399 1995-06-20 4 Reuter, AFP SHANGHAI Corrupt Chinese officials in Shanghai are laundering their kickback money on the Shanghai stock market and stashing some of their wealth offshore, the Liberation Daily said yesterday. "Criminal elements are using their huge piles of dirty money to speculateReuter,; AFP - 399 words
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171 1995-06-20 4 AFP TAIPEI Taiwan's govern-ment-owned Directorate General of Telecommunications (DGT) and Singapore Telecom will sign a memorandum of understanding (MOU) in July for a satellite project, DGT officials said yesterday. The two sides will sign the MOU for the launch of a communications satellite byAFP - 171 words
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388 1995-06-20 4 Reuter TAIPEI Political relations may be deteriorating between Taipei and Beijing, but Taiwan businessmen said yesterday that their long-term economic interests in China would not be affected. "Yes, the relations between the two sides are a bit tense at the moment, but weReuter - 388 words
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Article, Illustration47 1995-06-20 4 AFP CHINESE hotel cooks gnll piglets on a 100-metre long barbecue stove the world's longest in Beijing to promote the sales of the American beer Budweiser. Six tonnes of meat, vegetables and seafood were served with beer for about 2,000 guests. AFPAFP - 47 words
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206 1995-06-20 4 Reuter TAIPEI Taiwan's central bank said yesterday it has abolished with immediate effect a rule that requires foreign equity funds to invest 75 per cent of the amount remitted here within three months of the funds' entry into the island. TheReuter - 206 words
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148 1995-06-20 4 Reuter TAIPEI Spurred by Taiwan's approval of an offshore transshipment centre plan, foreign investment in the island's transport trade soared about 21 times in the first five months of 1995, a government agency said yesterday. Foreign transport investment totalled US$l4O million (S$ 194.6Reuter - 148 words
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CHINA WATCH
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Article116 1995-06-20 4 Reuter BEIJING China will crack down on tax evasion by foreigners and foreign-invested companies, the China News Service reported on yesterday. China had signed agreements with more than 30 countries and would exchange information to catch tax evaders, a tax official was quoted as saying. A campaignReuter - 116 words
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Article124 1995-06-20 4 Reuter BEIJING Illegal mining is threatening safety and normal production at a major Chinese antimony mine in the western province of Gansu, according to a letter from a mine official in the People's Daily. The mine in Xihe county was established in 1986 and has reservesReuter - 124 words
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Article92 1995-06-20 4 AFP TAIPEI Taiwan has signed a secret letter of intent to cooperate with Russia in disposing of the islands nuclear waste, the Independence Evening Post said yesterday. The staterun Taiwan Power Company signed the accord with the National Russia Institute of Science on May 20, whereby itAFP - 92 words
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Article75 1995-06-20 4 UPI BEIJING China's former culture minister has defended the emergence of popular novels, films and other forms of artistic expression, maintaining they pose no threat to traditional Chinese culture. Wang Meng, among China's highest-ranking leaders to be purged in the aftermath of the 1989 pro-democracy movement,UPI - 75 words
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219 1995-06-20 4 AP BEIJING Urban residents will be paying up to nearly four times as much for housing by the end of the decade as China reduces hefty rental subsidies, an official report said yesterday. Low-rent housing provided by employers used to be partAP - 219 words
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Article, Illustration453 1995-06-20 4 Trip by Bill Gates underlines island's progress in fighting software piracy New York Times TAIPEI The expected arrival yesterday of Microsoft Corp chairman Bill Gates on the first leg of a visit to Asia underscores the island's success in the past few years at slowing softwareNew York Times - 453 words
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Page 4 Advertisements
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Advertisement145 1995-06-20 4 mitt FURNITURE S Y S T U CREATING A MORE PLEASANT *W Otf K SPACE FOR ALL v I rli I I ,j/fiN i i v y-iV A T--CHECK IT OUT BEFORE YOU MAKE YOUR MOVE IBNSIR Shaping today's businesi, perfectly K&E MARKETING (S) PTE LTD 298.BEACH ROAD. #01-26 THE145 words
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ASIA
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Article, Illustration460 1995-06-20 5 Reuter BOMBAY The strobe lights cut through the thick smoke in the swanky Bombay disco, picking out young people gyrating to the sounds of computersynthesised metallic music with little discernible rhythm. A "rave" is in progress. The young achievers of India's urbanReuter - 460 words
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279 1995-06-20 5 Reforms in India Reuter NEW DELHI Financial and institutional weaknesses in India's state governments were a major hurdle in providing infrastructure and social services in the country, says the World Bank in a report yesterday. India's state governments account for 56 perReuter - 279 words
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293 1995-06-20 5 AFP NEW DELHI Tens of thousands of Indian telecommunications workers went on an indefinite strike yesterday to protest against privatisation of the sector, trade union leaders said. Workers in the state-run telecoms industry refused to operate manual telephone exchanges or attend to emergency repairsAFP - 293 words
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Article, Illustration397 1995-06-20 6 AFP, Bloomberg Business News TOKYO Japanese Prime Minister Tomiichi Murayama said he would meet core cabinet ministers today to discuss measures to prop up the nation's flagging economy, Japanese news reports said. Speaking to a group of reporters accompanying him inAFP,; Bloomberg Business News; Reuter - 397 words
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375 1995-06-20 6 Reuter SYDNEY A larger than expected fall in April housing finance is further evidence of the decline of Australia's housing sector, economists said yesterday. The weakness is expected to continue for six to nine months, although the economists said theReuter - 375 words
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Article, Illustration455 1995-06-20 6 New York Times NEW DELHI Five years after withdrawing 100,000 troops from Sri Lanka, the Indian government has answered Sri Lankan government calls for help against the Tamil Tiger guerillas by establishing a naval quarantine around the guerilla stronghold at Jaffna onNew York Times - 455 words
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254 1995-06-20 6 AFP DHAKA Security was beefed up here yesterday as Bangladesh's national parliament resumed its budget session amid suspense about the fate of 147 opposition lawmakers who passed a 90-day limit of continued absence from the house. A police ban on rallies and carrying of lethalAFP - 254 words
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86 1995-06-20 6 Reuter KATHMANDU Shops and schools across the Kathmandu valley remained shut and private vehicles stayed off the roads yesterday in response to a strike by student groups against midterm elections, eyewitnesses and officials said yesterday. Representatives of the Nepal Students Union, who organised the stnce,Reuter - 86 words
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93 1995-06-20 6 AFP TOKYO North Korea has placed 13 cargo ships, totalling some 120,000 tonnes, on standby to cany possible rice aid from Japan, the Japanese newspaper Sankei Shimbun reported day. The paper said a Japanese government decision was expected as soon as NorthAFP - 93 words
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75 1995-06-20 6 Bernama NEW DELHI An international trade centre is being set up in Kochi City by the southern Indian state of Kerala. The objective of the centre, being built by the Kerala Industries Department, is to provide a common platform for industrialists to exhibit theirBernama - 75 words
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35 1995-06-20 6 AFP SYDNEY Australia and other Pacific nations will consider retaliatory action against France over its decision to resume nuclear testing in the Pacific, Prime Minister Paul Keating warned yesterday. AFPAFP - 35 words
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Page 5 Advertisements
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Advertisement214 1995-06-20 5 LADY READERS' EXCLUSIVE! MARIE,gfIA6I£jP,'S SPECIAL DISCOUNT UPON FULL ENROLMENT. .211' f °GET RID •WOF THAT fmJ BULGE ONCE Mm FIRM UP POST-NATAL A m m m bulges and droops AND FOR ALL! The unique Marie France system allows treatment to be concentrated on any part of the body where fat214 words
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Advertisement231 1995-06-20 5 I 1111 I\ M ***** llll| IS l>< I 1111 J,|< lo I 111 II L (HllsH i, ii i< N<|u«m l\ ll I K I I L In .I|ilu Jt. loinu- IttniK.ui W M ainui ac unci Girard-Perregaux I >1 tMIS I /M| rii tim,i m> if •,/<><»<>// )n231 words
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Page 6 Advertisements
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Advertisement2140 1995-06-20 6 Notice of Adjourned Annual General Meeting Notk» is hereby given that the Adjourned Annual General Meeting of SJngamas Container Holdings Limited (the "Company") will be held at Basement Function Room I, Luk Kwok Hotel, 72 Gloucester Road, Wanchai, Hong Kong on Wednesday, sth July, 1995 at 10:30 a.m. for the2,140 words
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FOCUS
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Article, Illustration750 1995-06-20 7 Alan Boyd - From Alan Boyd in BANGKOK THAILAND is set to join the regional satellite club with a modest research programme that will draw heavily on expertise from three Asian neighbours, including China. Amid warnings that their country was slipping behind Indonesia, Malaysia and Singapore750 words
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1079 1995-06-20 7 Satellite communications IF the Singapore office of a company needs to communicate with one of its factories located 100 km outside Bombay, how is the connection made and by whom? The typical method: the company's electronic communication is sent to the Singapore international1,079 words
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Page 7 Advertisements
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Advertisement28 1995-06-20 7 Malayan Motors \Y lio to know.' <X. p~- b ih'f W lio? to question? H *'> YY lio to win? TI,o r\l rrrr 1 '*\V 1 b i 1_28 words
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Advertisement23 1995-06-20 7 EThis article is reprinted from the June 5 issue of Business Asia, a fortnightly management report by The Economist Intelligence Unit (Asia) Ltd.23 words
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Page 8 Advertisements
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Advertisement872 1995-06-20 8 Q KLS Investments 20 June 1995 Pte Ltd To Parkway's shareholders Dear Fellow Shareholders, Your Vote is Important! Please Attend the Annual General Meeting of Parkway Holdings Limited On 16 June 1995, KLS Investments Pte Ltd ("KLS Investments") published an Can Parkway justify the cost of the Tenet Acquisition? According872 words
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PROPERTY & CONSTRUCTION
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Article1250 1995-06-20 9 Company V-P discusses how Thai property developer Land and Houses keeps funding costs down Business Day LAND and Houses claims to have the lowest funding costs of any Thai property developer and that, says executive vice-presi-dent Adisorn Thananun-Nara-pool, has helped it stay ahead in an increasinglyBusiness Day - 1,250 words
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Article, Illustration720 1995-06-20 9 Lee Han Shih - mmmm THE PROPERTY COLUMN By Lee Han Shih IT HAS been almost 10 years since Singapore experienced its first post-Indepen-dence recession. Some people look back at it with fond memories because the recession offered good bargains for properties. Those were720 words
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396 1995-06-20 10 Abdul Hadhi - By Abdul Hadhi WITH industrial property fast becoming the flavour of the month, another prime industrial site is up for sale by tender. The freehold site along Genting Lane in the MacPherson district has an approximate land area of396 words
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Article243 1995-06-20 10 Selected transactions In the past week jjggto, 1 0W*| 1 Typ. 1 Jgaff, 1 1 PBWAT1 Jun 12 2678' I BuHionPaik Condo 807 FH 635.000 787 Jun 12 2366 HiWviewHts Condo 980 FH 665,000 679 Jun 13 1646 East Coast Vilte Condo 1033 FH 663.000 642 Jun 14243 words
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984 1995-06-20 10 Bloomberg Business News SOUTH Korea's construction companies, hindered throughout the 1990s by a government policy to limit property development and by a string of deadly accidents that have tarnished their reputation, are primed for a rebound. In the late 1980s the South KoreanBloomberg Business News - 984 words
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Page 9 Advertisements
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Advertisement88 1995-06-20 9 Or you could just talk to private Only your Citibank Private Banker, who's committed to understanding can draw on an combination presence the bank. Through your your Private Banker, have access to The Citibank Private Bank Art Advisory Service, which is uniquely positioned to help you navigate the world °f88 words
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Page 10 Advertisements
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Advertisement199 1995-06-20 10 What could be more exciting than a hole-in-one? HHH|f^HH|HflflflHHHHßH|HHflHMflHflßflHfl^^HHHMHflp^ Tradewinds' HiiiiIJHBiijjyfIjHHHHHHpHH|^H^HH^J^H^^^HHHHHBBMM two great Australian golfing IHHIKEh|I3|H||bH||HHm holidays back-to-back. HH|BN||H|||||||H|y|H|H|H^^HlM|M^H||^|^^^^^H|H|HHH^^|^H Imagine yourself teeing off at HHHlHhHb|||||lH|H but seven of Australia's finest courses! Playing in warm-up games leading to the actual tournaments. In between, you'll have time to explore the fascinating wildlife199 words
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Advertisement92 1995-06-20 10 JL Spacious living hall anddlning haJl "d Majestic balcony Two large bedrooms with attached spacious bathrooms utility maid's room Fun length glass windows delivering maximum view of surrounding scenery I Fulfy air-conditioned Highest floor with panoramic view Lift serve Penthouse exclusively Swimming pool with tanning deck 24 hours gatehouse sentry92 words
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SPORTS
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Article, Illustration825 1995-06-20 11 US Open NYT SOUTHAMPTON, New York It was by far the biggest shot of the little man's life, 191 metres of carry over hill and heather and heartbreak to the front of the green, to win the US Open.NYT; Reuter - 825 words
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Article, Illustration653 1995-06-20 11 Dave Anderson - By Dave Anderson NYT SOUTHAMPTON, New York He eould hear the cheers behind him, but he knew they weren't for him. Greg Norman was waiting to putt on the 16th green when the cheers rolled across the Shinnecock Hills shadows for Corey Pavin's 4-woodNYT; Reuter - 653 words
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Article666 1995-06-20 11 Reuter LONDON A year ago Pete Sampras went to Wimbledon with seven titles already under his belt in 1994 and a solid grip on the world number one ranking. Though he lost his last warm-up tournament, going down in the final on the London grass-courtReuter - 666 words
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Article, Illustration607 1995-06-20 11 AFP SOUTHAMPTON, New York American Neal Lancaster set a nine-hole US Open record by firing a six-under par 29 over the back nine at Shinnecock Hills Golf Course here Sunday. His 18-hole total of five-under par 65 matched the course record, set by Chip Beck, Lanny Wadkins and MarkAFP - 607 words
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Article, Illustration134 1995-06-20 11 Reuter BIRMINGHAM, Eaglaad American Zina Garrison-Jackson warmed up for her last Wimbledon challenge by recapturing the Birmingham Classic title on Sunday, ending her former Texan neighbour Lori McNeil's dominance of the event. McNeil had won the trophy when the pair met in the two previous finals. But there wasReuter - 134 words
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Article, Illustration677 1995-06-20 11 Rugby World Cup Reuter CAPE TOWN It is usually the losers of World Cup semifinals who attract sympathy, but normal rugby logic has been temporarily suspended as South Africa looks ahead to Saturday's final against New Zealand at Ellis Park. For Springbok supporters, watching theirReuter - 677 words
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Article, Illustration116 1995-06-20 11 Reuter SACRAMENTO Michael Johnson completed a rare sprint double at the US championships here on Sunday, setting up a chance for a 200-400 double at the World Championships in August. Johnson followed up his 400 m victory with a win in the 200 m in a wind-assisted 19.83 seconds,Reuter - 116 words
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Article, Illustration77 1995-06-20 11 AP STOCKHOLM Hege Riise and Marianne Pettersen scored firsthalf goals three minutes apart and Norway held off European champion Germany 2-0 on Sunday to win the second women's World Cup. The victory came four years after Norway lost to the USA 2-1 in the final of the inaugural women'sAP - 77 words
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Page 11 Advertisements
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Advertisement120 1995-06-20 11 PROPERTY" INFORMATION ONLINE 14 July 1995 Marriott Hotel Singapore T AN EXCITING ONE-DAY SEMINAR FOR All IN THE PROPERTY INDUSTRY Detailed coverage on: Why and how property information is moving from print to electronic form Competitive consideration Categories of information and types of information providers Property information on Internet and120 words
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Page 12 Advertisements
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Advertisement329 1995-06-20 12 Budweiser The All Naturally Brewed Beer, where dine and entertain -w- v .jsH TH6 MOST AUTHENTIC ITfiUflN PflSTfl PIZZA IN TOWN esJ PASTA FUSCA DA SAUfATORI FTII iXAjiAi 77h»E*Ce*bd#01-01/ttS<ls4s) \SSSSS.J u WSSM/MH<74 Family Life Promotion 18 "25 June All families (min. one adult and one child under 12) having lunch329 words
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Advertisement246 1995-06-20 12 COSMOPOLITAN FARE At Cafe Carousel Feast as much as you can from a wide VARIETY OF DELECTABLE CUISINES FROM ALL OVER THE WORLD. 16.80 (lunch j 18.80 (dinner) PRICK* SUBJECT TO 10% SERVICE CHARGE. 1% CESS A 3% GST (sarvusd taw BOULEVARD HOTEL SINGAPORE 200 Orchard Boulevard Singapore 1024 TW246 words
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Advertisement326 1995-06-20 12 3 LUNCH OR DINNER, f 1 FEAST ALL YOll CANIj That's over 50 delightful dishes in all! !jj f£ft Featuring the best talked about Ml seafood and Cantonese cuisine. V y All you can eat. Complimentary platter W of Suckling Pig and Guiling i^v Herbal Jelly. g Lunch: $23 (Adult)326 words
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Advertisement303 1995-06-20 12 =r^G\ fancy (Beijing? Then, we're delighted to suggest the "Pine Court for a memorable dining experience. Our lunch menu offers a variety of dian fin Beijing dumplings, a selection IhU/ O of set menus, and 'Beijing specialities such as 'Beijing Vudl, BafydTench and CkSL***!/ Marinated Lamb, fancy some noti>f RBTMJRAIV?303 words
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LIFESTYLE
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Article, Illustration436 1995-06-20 13 Love and fashion are the two elements Japanese film-goers expect from a good French movie AFP WHILE Japanese critics appreciate cutting-edge French art films, the film-going public prefers other things the French are famous for fashion and love, a film distributor said here duringAFP - 436 words
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Article, Illustration285 1995-06-20 13 AP AP UPI FLASHY businessman and politician Bernard Tapie, celebrity of scandal and legal troubles, will taste a new kind of stardom as the lead character in Claude Le touch's next movie, if he can avoid a prison term he is appealing. Tapie willAP; UPI - 285 words
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244 1995-06-20 13 AFP SOUTH Korea's first international piano competition takes place this week, born of a watch maker's memory of a small terrified Korean boy flying alone to a music school in Paris. Top names, including Germany's Vladimir Krainev, Israel's Pnina Salzman and Russia's Mikhail Voskresensky,AFP - 244 words
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Page 13 Advertisements
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Advertisement185 1995-06-20 13 mMuiici For only $15.50 per person, you'll get Over 12 vorieties of seasonal greenies from our extensive SALAD BAR including dressings, a selection of freshly baked breads and daily home made soup, A choice of Asian/Local or Western main course, A choice of home made desserts coffee and tea, e185 words
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Page 13 Miscellaneous
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Miscellaneous454 1995-06-20 13 c Cart. Buna Hmt I l/m Cloudy Audjand 12£7 Showen Amsterdam 17/12 Steams Chicago 27/19 Cloudy Bano«ft 33/24 T Monn Mtans 30/20 Swwy HonoUu 27/23 Cloudy R n 2QA» Showers Houston 27/24 Cloudy Bombay 34£9 J*" 1 80nn..--....- 2J/10 Showers Las Vegas 27/24 Tslorm »un«l 30/23 showers CBpertyn 21/12 Shoaera454 words
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Miscellaneous687 1995-06-20 13 Wildsight Wildlife Series: Koalas In My Backyard, 9pm, CHI2 S i Australia's growing suburbs are v c*'-"'jß possums and wallabies. How- .JW ever, some people are taking in *>V-* &SJT..-■ injured creatures into their t ''MJ i&L'X homes, nursing them back to 7?-. %r> «jflfllfeh *9 JhE .if* health, and687 words
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Article513 1995-06-20 14 EDITORIAL RUSSIAN President Boris Yeltsin's singular enthusiasm to attend may be the truest measure of the G-7 summit's relative importance in world affairs. Canadian protocol chiefs had to make Mr Yeltsin promise not to turn up in Halifax till the end of the second day, giving the513 words
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WHAT THE OTHERS SAY
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Article369 1995-06-20 14 THE third Singapore-Indonesia Youth Forum, which was held here last week, explored the possibility of joint projects involving training courses, exchange programmes for undergraduates, the participation of Indonesian companies in the Singapore International Foundation's Work Asia scheme, and collaboration in vocational training programmes, technology369 words
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Article120 1995-06-20 14 SINGAPOREANS have yet to realise the importance of recycling, notably paper products. In a year, Singaporeans discard about 250,000 tonnes of paper, most of which could be recycled. Paper makes up almost a fifth, or 19.73 per cent, of garbage from homes. These figures are120 words
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Article110 1995-06-20 14 THE GOVERNMENT has announced that pay rises for civil servants will be 5.5 per cent this year, slightly lower than the 6 per cent last year. The significance of this decision is in reminding us wage increases should be carefully controlled, especially at a time when110 words
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Article118 1995-06-20 14 PRESIDENT Lee Teng-hui has successfully concluded his unofficial visit to the US. The trip was a major breakthrough in overcoming barriers to promoting Taiwan's international profile through pragmatic diplomacy. President Lee indicated to reporters covering his visit at Cornell that he will work harder to realise118 words
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Article120 1995-06-20 14 SUSTAINING strong purchasing power, which translated means a high living standard, is the primary objective of the zero-inflation policy. Keeping retail prices low seems the obvious step to take hence the monthly Zero Inflation Day sales campaign. Participating traders, according to the relevant ministry's stipulation, must120 words
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Article179 1995-06-20 14 A PLEA to impose a comprehensive ban on the production, import and usage of undesirable chemical pesticides such as DDT and BHC has been pending for some time now. But apparently, the clout of the pesticide lobby seems to be stronger than imagined. Admittedly, DDT179 words
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Article, Illustration1029 1995-06-20 14 Mikhail Gorbachev - Mikhail Gorbachev calls for true democrats to unite against Yeltsin Mikhail Gorbachev INSTABILITY. This is the leitmotiv these days in Russia and the rest of the former republics that used to comprise the former Soviet Union. And nobody seems to know what to1,029 words
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Page 14 Advertisements
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Advertisement16 1995-06-20 14 Want to know what your dreams mean? Call Dreamland on 1900-912-0004, at 30 cents a minute.16 words
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Advertisement421 1995-06-20 14 B Keppel Corporation Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT PAYMENT OF INTEREST ON *****,167,910 1.5% UNSECURED CONVERTIBLE LOAN STOCK DUE 1997 ("LOAN STOCK") TO LOAN STOCKHOLDERS NOTICE OF CLOSURE OF BOOKS Pursuant to the terms of issue of the Loan Stock, interest on the Loan Stock at the421 words
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Page 14 Miscellaneous
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Miscellaneous39 1995-06-20 14 £v4e's GoNe out of NURse Give me P>UACK P,las'— Ty4£. GORGGOUS I-IFC, LEAVING roe sorneiHiKir-, fc& AN TO Rc< UP f\ &iANce... ij, ii n== =====ny jg_ W •Moms YOOR FftTHfeg j'Wg DOONESBURY qarry trudeau \%%?z lMj as? ®F»J§r39 words
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ANALYSIS
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Article, Illustration1518 1995-06-20 15 Edmund Andrews - Overhaul of US telecommunications law would mean chaos initially but also lower prices and more services in the long run, reports Edmund Andrews Edmund Andrews NYT FIRST tangible efI feet of the United States I Senate's sweeping overI haul of telecommunications law, experts say, willNYT - 1,518 words
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Article, Illustration935 1995-06-20 15 Dawn Hayes,Eilis Brennan - But News Corp's strategy of locking out competitors from money-making sports programmes is under scrutiny, report Dawn Hayes and Eilis Brennan Dawn Hayes,Eilis Brennan Bloomberg Business News WHEN it has come to tempting viewers into his global web of cable, satellite and conventional terrestrial televisionBloomberg Business News - 935 words
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Page 15 Advertisements
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Advertisement50 1995-06-20 15 Let your nerves be racked and your spine tingled. Experience the TRUE ENCOUNTERS Answer a simple quiz and WIN $500 worth of prizes must be won every week. """""""INFSIme O Estlwuquc An SPH A\klioT« S«r»ice For stories, quizzes V) songs, call Children's Funland on 1900-910-0001, at 30 cents a minute.50 words
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487 1995-06-20 16 Reuter TOKYO US Federal Reserve vice-chairman Alan Blinder says the strength of the US dollar is "not at the top" of his list of factors to consider in deciding whether to ease interest rates, according to an interview inReuter - 487 words
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161 1995-06-20 16 Reuter HANOI Vietnam disclosed yesterday that head of state Le Due Anh will visit the United States in October, becoming the most senior Hanoi official to set foot on US soil since the Vietnam War. President Anh, who ranks secondReuter - 161 words
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Article, Illustration47 1995-06-20 16 Reuter BERLIN Workers of Christo's team wrapping up the German Reichstag behind the Quadriga statue on top of the Brandenburg Gate yesterday. The artist's project to swath the historical building is continuing after bad weather on Saturday forced him to take a break. ReuterReuter - 47 words
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388 1995-06-20 16 Reuter WASHINGTON New government figures suggest the recent productivity "miracle" touted by some economists is exaggerated, a blow to the theory that recent growth in worker productivity has surged to levels last seen in the early *****. The Labour Department last week quietly issuedReuter - 388 words
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Article, Illustration780 1995-06-20 16 HARISH MEHTA; HARISH MEHTA - The Bottom Line HARISH MEHTA HARISH MEHTA The writer is BT's Vietnam correspondent IT WOULD be a pity if the Clinton administration were to miss the opportunity to normalise relations with Vietnam, and shelve the matter until after the 1996 presidential elections in780 words
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142 1995-06-20 16 AP NEW YORK IBM will start selling personal computers based on its PowerPC chip next month, deviating for the first time from the PC design it created in 1980 and which became an industry standard. But the company does not expect to sellAP - 142 words
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187 1995-06-20 16 Reuter PRAGUE Taiwanese Prime Minister Lien Chan met his Czech counterpart Vaclav Klaus here yesterday for the highest-level talks of a groundbreaking European tour which has been shrouded in secrecy. Mr Klaus' spokesman Vadim Petrov confirmed that the two prime ministers had held anReuter - 187 words
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Article83 1995-06-20 16 AFP LUXEMBOURG Germany will seek a fundamental rewrite of the European Commission's blueprint for the transition to a single currency, Finance Minister Theo Waigel indicated yesterday. He was speaking at a meeting of European Union (EU) finance ministers which discussed the commission's green paper, setting out howAFP - 83 words
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Article70 1995-06-20 16 Reuter SARAJEVO The United Nations yesterday said it could build a new relationship with Bosnian Serbs after they freed the last of more than 370 peacekeepers they had blockaded or held hostage. "It gives us an opportunity to re-establish a new relationship with the BosnianReuter - 70 words
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Article92 1995-06-20 16 Reuter BAGHDAD Iraq said it might reconsider its relations with a UN commission disarming Baghdad under the 1991 Gulf War ceasefire terms if its report, due yesterday, was negative. "Anyway, the 19th of this month will be a decisive day in the history of Iraq's relationsReuter - 92 words
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Article107 1995-06-20 16 Reuter LONDON A British company linked to a serving cabinet minister broke an arms embargo against warring Iran and Iraq by supplying weapons to both sides and training them in their use. The Times yesterday quoted Gerald James, former chairman of BMARC, a company of whichReuter - 107 words
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Article72 1995-06-20 16 Reuter PARIS The extreme-right National Front won control of three French towns for the first time, while President Jacques Chirac's conservatives lost their monopoly on power in Paris, his fief for the past 18 years. Jean-Marie Le Pen's anti-immi-grant movement captured the Riviera naval port of Toulon, theReuter - 72 words
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Article76 1995-06-20 16 Reuter PALO ALTO, California Defence Secretary William Perry says the United States is considering resuming underground testing of nuclcar bombs and the Pentagon expects to decide soon on which course of action to take. "The Defence Department has not taken a final decision on whichReuter - 76 words
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Article, Illustration140 1995-06-20 16 Reuter LONDON But for politicians' relentless ambition, it is hard to see why anyone would wish to succeed John Major as leader of Britain's ruling Conservatives. The party, in power for the past 16 years, is racked by infighting and deeply unpopular with the public. But as MrReuter - 140 words
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Article61 1995-06-20 16 AFP CAIRO Israeli and PLO negotiators are to meet today for talks on the transfer of civilian powers to Palestinians in the West Bank ahead of a July 1 target date for agreement, the Israeli embassy said yesterday. The PLO had earlier announced that the two sides wouldAFP - 61 words
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Article55 1995-06-20 16 Reuter SAO PAULO Chile expects to complete negotiations to join the Nafta and Mercosur free trade agreements in a year. Foreign Relations Minister Jose Miguel Insulza yesterday said: "In a year's time, I hope that Chile will have completed its negotiations with Mercosur and Nafta to takeReuter - 55 words
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Page 16 Advertisements
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Advertisement240 1995-06-20 16 F> MmUUm/j *4®^ ARTNERSHIP Jm FORGED BY UNDERSTANDING Bottom Line: Normalisation of ties will take time, Pg 16 jflj Mandarin For Lawyers mm 1. Objective: laß This programme is designed for Singapore lawyers with some understanding of conversational ag Mandarin. The focus is on Chinese legal language, M special reference240 words
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Advertisement48 1995-06-20 16 Distributor for Nitsuko Keyphone Systems EPABX: SIMtjApORE SINGAPORE COMMUNICATIONS CO/*WV EQUIPMENT CO PTE LTD Tel 273 7000 ■Every Call Is A Commitment! Brand new development Long lease -15 years plus options Freehold title Secure Income AsloB,ooo p.a. with further growth potential Please call David Ling or Jim Williams48 words
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COMPANIES & MARKETS
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EYE on your STOCKS
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Article, Illustration52 1995-06-20 17 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Credit Lyonnais Securities. Daiwa, Fraser. G K Goh. Kay Hian. Morgan Grenfell. Ong Co. Nomura. Phillip, Smith New Court. W Carr and S52 words
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Article, Illustration93 1995-06-20 17 Quak Hiang Whai - By Quak Hiang Whai AMCOL Holdings was the most active counter yesterday. It is also one of the most overbought stocks in the market with daily and weekly RSIs and stochastics having almost reached maximum levels. The stock should meet some resistance which could bring it back to93 words
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Article, Illustration472 1995-06-20 17 Abdul Hadhi - By Abdul Hadhi SINGAPORE Van Dcr Horst the marine engineering group which is more of a power plant specialist nowadays has posted a 22 per cent rise in interim net earnings to $24.53 million. The profit hike is significant because turnover inSource: Bridge Info - 472 words
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Article, Illustration263 1995-06-20 17 AFP KUALA LUMPUR Malaysia's national carmaker Perusahaan Otomobil National Bhd (Proton) yesterday said it would be forced to raise car prices in August because of the rising costs of its yen-denomi-nated parts. Proton managing director Nadzmi Mohd Salleh, describing the move asAFP - 263 words
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485 1995-06-20 17 It grabs top slot off Barings in Euromoney poll SINGAPORE Jardine Fleming has ousted Baring Securities as the top economic research house in Asia, according to a survey of broking houses by the British magazine Euromoney. The magazine says Barings' fall from485 words
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621 1995-06-20 17 Quak Hiang Whai - HOCK LOCK SIEW By Quak Hiang Whai SINGAPORJE Captain Wei Jia Fu has staged another coup for Cosco Investments (Singapore) (CIS). The man who successfully steered the Chinese-controlled shipping and property group in his first year at the helm has convinced his Beijing bosses to621 words
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365 1995-06-20 17 Harish Mehta - By Harish Mehta SINGAPORE Vietnam's Ministry of Defence has refused flour miller Prima permission to build a mill near Danang port, delivering another blow to the firm's threeyear bid to enter the country. A Vietnamese official in Hanoi told Business Times: "The Ministry365 words
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96 1995-06-20 17 Bernama KUALA LUMPUR Westmont Land (Asia) Bhd, which is in the process of acquiring Light Industrial Estate (Johor), plans to be a major property developer in Johor Bahru, said its chairman Datuk Mohamed Sulaiman. When the acquisition is completed, it wouldBernama - 96 words
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COMPANIES
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Article64 1995-06-20 19 SINGAPORE Sesdaq-listed Sincere Watch Ltd has taken a 33.33 per cent stake in Unisky Ltd, a dormant Hongkong company, to apply for a licence to import watches and other products into China. Sincere Watch also said yesterday that it had raised the paid-up capital64 words
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Article53 1995-06-20 19 SINGAPORE Sesdaq-listed Inter-Roller Engineering has received shareholders' approval for its rights cum warrants issue. The one-for-four rights, which will raise $2.24 million for the company, will be priced at 35 cents apiece. The exercise price of the warrant, which also comes with every four shares held,53 words
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Article30 1995-06-20 19 SINGAPORE Centrepoint Properties has incorporated a whol-ly-owned subsidiary named AlkafT Complex Pte Ltd, which has an authorised capital of $100,000 and a paid-up capital of $2.30 words
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Article34 1995-06-20 19 SINGAPORE Temasek Holdings has reduced its stake in Sesdaq-listed Teledata to 13.19 per cent from 13.34 per cent. Its subsidiary, Singtel Investments, sold 119,000 Teledata shares on June 16.34 words
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Article68 1995-06-20 19 SINGAPORE Low Keng Huat (S) Ltd has raised its take in Australian subsidiary Kendall to 75 per cent from 51 per cent previously. The company also said recently that Kendall subsidiary Amuret Pty Ltd had bought a 15-storey office complex in Perth for AsB68 words
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70 1995-06-20 19 SINGAPORE Hotel Plaza Ltd has obtained approval at its 26th annual general meeting and extraordinary meeting on May 18 to pay a first and final gross dividend of 4 per cent for financial year ended Dec 31, 1994. The company has also re-ap-pointed Ernest70 words
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Article51 1995-06-20 19 SINGAPORE Econ International has bought Evergreen Sawmill Pte Ltd, an inactive company whose principal asset is 21,167 square metres of property in Sungei Kadut Street 2. The property, with a 30-year leasehold, was purchased from the Jurong Town Corporation on Dec 31, 1994, for $4.551 words
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Article138 1995-06-20 19 Bernama KUALA LUMPUR Pan Malaysia Cement Works Bhd (PMCW) has reported a group pre-tax profit of M 550.2 million (5528.6 million) for the year ended March 31, up 59.6 per cent from the previous corresponding period. Announcing its unaudited results yesterday, the company said group grossBernama - 138 words
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Article1921 1995-06-20 19 M—in' prtoM Jun 20 Stagapere Unit Trwt The Commerce 1.58 167xd The Savings Fund I.S3 1.62 S'pore Prog Fund 0.62 0.66 S'pore Sec Fund 0.98 1.04 S'pore Invest Fund 1.08 I.Mxd S'pore Equity Fund 0.74 0.79 Asia Unit Trust Mai Invest Fund 2.30 2.64 Mai Pros Fund 0.90 0.% Amanah1,921 words
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333 1995-06-20 19 Al Labita - From Al Labita in MANILA A GOVERNMENT agency yesterday defended the terms of the sale of a 240-hectare Fort Bonifacio redevelopment project in Makati city to a consortium led by listed Metro Pacific Corp (MPC). "Everything was legal and in accordance333 words
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Article, Illustration545 1995-06-20 19 Bloomberg Business News KUALA LUMPUR Foreign fund managers hope upcoming measures to open Malaysia's capital markets will address the many investment barriers here. For a market its size the Kuala Lumpur Stock Exchange is first in South-east Asia and third in AsiaBloomberg Business News - 545 words
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629 1995-06-20 19 Bloomberg Business News BANGKOK Shinawatra International Co has some ambitious overseas expansion plans, and expansion does not come cheaply. So, to fund its telephone projects in neighbouring countries, the company is preparing to make an initial share sale to the public thisBloomberg Business News - 629 words
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203 1995-06-20 19 Bernama PETALING JAYA The Pacific Bank Bhd will launch its first mutual fund in early August this year, said chairman Lin See Yan yesterday. The unit trust company, Pacific Mutual Fund Bhd, was incorporated on March 15, with an authorised capital ofBernama - 203 words
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341 1995-06-20 19 Alec Almazan - By Alec Almazan SINGAPORE The Kuok Group is seeing brisk sale of its Palisades condominium units in Vancouver and enjoying high occupancy for the adjacent Pacific Palisades Hotel. The Palisades' twin-tower residential condominium under construction in downtown Vancouver has seen 67341 words
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344 1995-06-20 20 ShivTaneja - By ShivTaneja SINGAPORE Pharmaceutical and food giant Sandoz is spinning off its speciality chemicals division Clariant Ltd in what could be Switzerland's largest initial public offering. Roadshows for the global offering are currently underway in Asia and, according to the issue's bankers,344 words
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83 1995-06-20 20 Bloomberg Busines News CANBERRA Konica Corp, a Japanese producer of photo-sen-sitive chemicals, cameras and copiers, said it will locate part of its Asia-Pacific headquarters in Sydney. The information-imaging group yesterday signed a four-year agreement that will result in more than As 37Bloomberg Busines News - 83 words
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103 1995-06-20 20 AFP TOKYO Japan's securities watchdog plans to file criminal charges against a former company president for allegedly manipulating stock prices by spreading false rumours, a newspaper reported yesterday. The report said the Securities and Exchange Surveillance Commission will file the charges with the TokyoAFP - 103 words
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53 1995-06-20 20 Reuter WELLINGTON Lion Nathan Ltd has warned that the strong New Zealand dollar and an increasing provision for tax will adversely affect future profits. Future profits may be affected by further changes in the Australian-New Zealand exchange rate, the brewer says in itsReuter - 53 words
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48 1995-06-20 20 Reuter LONDON Food retailer J Sainsbury pic said on Sunday it plans to extend its Savercard discount scheme to more of its 350-plus stores, but it denied press reports that the step is a reaction to a rival scheme by Tesco pic. ReuterReuter - 48 words
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306 1995-06-20 20 SCMP HONGKONG It is the colony's most expensive commercial investigation, with legal costs on all sides exceeding HKSIOO million (S$ 18 million). Yet more than seven years after the initial transactions took place, investigations into the Allied Group and its flamboyant founder, Malaysian tycoon LeeSCMP - 306 words
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Article, Illustration459 1995-06-20 20 Money managers see resistance to high-risk industry Bloomberg Business News CANBERRA Qantas Airways Ltd's public share sale is being cleared for takeoff this week, yet many international investors are far from sure if they will be on board. The airplanes with the flyingBloomberg Business News - 459 words
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286 1995-06-20 20 Reuter BIRMINGHAM, Alabama An Alabama judge was to be asked to decide yesterday whether a rural county populated largely by poor blacks should be the site of a US$7 billion (559.7 billion) classaction lawsuit against Shell Oil Co and HoechstReuter - 286 words
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FINANCE & COMMODITIES
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324 1995-06-20 21 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Indonesian conglomerate Bakrie Group will restructure its financial services business by first injecting five related companies into listed Bakrie Finance Corp. The group also plans to boost the finance arm by buying life insurance and324 words
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217 1995-06-20 21 SINGAPORE Korea International Merchant Bank yesterday raised US$7O million (5597.7 million) from the offshore market. The deal was arranged and lead managed by the Singapore branches of Bayerische Landesbank Girozentrale and NORD/LB Nordeutsche Landesbank Girozentrale, Cho Hung Finance, DBS Bank, and KDB International217 words
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Article, Illustration425 1995-06-20 21 Reuter BANGKOK Gold is seen shining more brightly than ever before in several fast-growing Asian nations as rising incomes stimulate greater demand for it, analysts said. South-east Asian countries such as Thailand, Indonesia, Malaysia and Singapore, as well as the three Indochinese countries andReuter - 425 words
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393 1995-06-20 21 Reuter JAKARTA Some Indonesian industries are run like cartels with government support and rules that prevent internal competition, the World Bank said in a report. The bank said cartels existed in the cement and pulp and paper industries, while other restrictions wereReuter - 393 words
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512 1995-06-20 21 Several give much higher yields and are less volatile than diversified stock mutual funds Bloomberg Business News NEW YORK Many investors hear the words corporate high-yield bonds and shriek "junk!" before running for the safety of some other investment. Such a reaction couldBloomberg Business News - 512 words
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536 1995-06-20 21 Interest likely to be limited to foreign institutions, say analysts SCMP HONGKONG Despite the high earnings potential of Manhattan Card, Chase Manhattan Bank's campaign to sell its 54 per cent stake in the card company has attracted moreSCMP - 536 words
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65 1995-06-20 21 Bloomberg Business News KUALA LUMPUR Malayan Banking Bhd, Malaysia's biggest bank, has raised its base annual lending rate to 7.1 per cent from 7.05 per cent. This is Maybank's first revision to its base lending rate since May 18 and its fifth thisBloomberg Business News - 65 words
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75 1995-06-20 21 Reuter JAKARTA Asians typically invest in a broad range of currencies but, in general, most prefer instruments denominated in their own national currencies, stock brokerage firm Lehman Brothers said in a survey. The survey, covering 2,000 institutions with well over US$2 trillion (552.78 trillion) inReuter - 75 words
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108 1995-06-20 21 AFP TAIPEI Three Taiwanese banks and Indonesia's Lippo Group will jointly establish a bank with a capital of US$5O million (5569.5 million) in the South-east Asian country, the Economic Daily News said yesterday. The three Taiwanese banks the International Commercial Bank of China,AFP - 108 words
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Article80 1995-06-20 21 Reuter LONDON The life insurance operation of Hill Samuel, a part of TSB Group pic, is the subject of takeover interest from an unidentified foreign insurance company, the Guardian newspaper said on Sunday. The prospective buyer had retained mergers and acquisitions specialist BW CorporateReuter - 80 words
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Article70 1995-06-20 21 AFP MANILA Philippines-based Asian Development Bank (ADB) yesterday said it has launched a 40 billion-yen (Ss66o million) public bond issue outside Japan and the US to support its ordinary operations. The 10-year yen bonds had a 3.125 per cent per annum coupon and were offeredAFP - 70 words
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429 1995-06-20 21 HONGKONG First Investments, the fund management company that launched the controversial FIL Leveraged Bond Fund, has issued a HKS43B million (5578.8 million) claim for damages against its former adviser, Trust Company of the West (TCW), the Sunday Morning Post reported over429 words
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471 1995-06-20 22 Reuter MANILA The Philippine government must pay a high premium on its five-year fixed rate Treasury notes, said traders and economists yesterday. The government is scheduled to issue three billion pesos (S$ 162.8 million) worth of five-year T-notes today at an auction. ItReuter - 471 words
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238 1995-06-20 22 Bloomberg Business News BEIJING China's State Development Bank denied that it has suspended all new overseas fund-raising plans because of the rising cost of floating bonds on the international market. "We have never released such information," said a bank director. "WeBloomberg Business News - 238 words
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Article, Illustration416 1995-06-20 22 NYT VIENNA Major oil exporters are meeting target production quotas, according to the Organisation of Petroleum Exporting Countries' ministerial monitoring committee. Opec is not expected to change quota levels anytime soon, said Nigerian Minister of Petroleum Resources Dan Etete. "I don't thinkNYT; Reuter - 416 words
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452 1995-06-20 22 UN study points to high inventories, falling demand Bloomberg Business News GENEVA Falling demand for tin in key Western markets from increased use of alternative metals and continuing high inventory levels point to a bleak long-term outlook for tin prices, says a UnitedBloomberg Business News - 452 words
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306 1995-06-20 22 UPI MANILA Philippine energy officials said yesterday that they plan to sign a long-term agreement to import Indonesian coal to try and secure a stable supply of the fuel. The pact, expected to be inked this month, comes amid booming demandUPI - 306 words
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257 1995-06-20 22 tNtMY RtPORT AFP VIENNA Ministers of the Organisation of Petroleum Exporting Countries (Opec) said yesterday that non-Opec producers would be to blame if oil prices fell later this year. Chairing the opening session of Opec's regular mid-year meeting, Indonesia's Mining andAFP - 257 words
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Article178 1995-06-20 22 Reuter LONDON The dollar began the European session steady at weaker levels, as post-G7 disappointment pulled against the fear that central banks might act to shore up the US unit. "The market's wary of the possibility of central bank intervention as a follow-through from the G7 summit, which theReuter - 178 words
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Article89 1995-06-20 22 AFP NEW YORK The dollar was stable against other major currencies here Monday in calm trading. At around 1420 GMT, the dollar was trading at 1.4013 marks against 1.4003 marks late Friday, and at 84.67 yen (84.70). In London, the greenback was worth 1.3975 marks and 84.40 yenAFP - 89 words
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Article, Illustration1309 1995-06-20 22 Trade-wetghled index cakvkued against S'porr's top 14 trading partners Base year IMS US$/S$ forward rates Noon /Jun 19 s$ Bid Olfcr 1-month 1.3897 1.3912 2-month 1.3843 1.3858 3-month 1.3794 1 3809 6-month ***** 1.3680 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m m Jm 19 Singapore dollars to one1,309 words
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COMMODITIES & FUTURES
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1278 1995-06-20 23 Reuter SINGAPORE Simex Eurodollars ended higher in quiet trade while Euroyen futures were easier. Dealers said some US funds were seen buying in the morning, triggering stops at around 94.38 for the lead December contract. Except for the morning activity, trading was quiet andReuter - 1,278 words
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655 1995-06-20 23 COMMODITY REPORTS Palm Oil CRUDE palm oil futures on the KLCE ended sharply higher yesterday supported by short-cover-ing activities, dealers said. "Speculators short-covered as they still expressed their concern on shortage of CPO for the time being," a dealer said. On the foreign front, there655 words
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Article60 1995-06-20 23 SYDNEY Friday's USDA announcement of a 500,000-tonne US corn sale to China has put upward pressure on freight rates and will likely keep sales to most of Asia quiet. The only exceptions are Japan, which is showing a strong interest to cover fourth-quarter needs, and60 words
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64 1995-06-20 23 LONDON Western European coffee consumption fell by between 2 and 6 per cent in 1994 from 1993, according to the European Coffee Roasters Association. "Consumption in eastern Europe appears to be more seriously affected," Euca added. It did not provide data. Euca also noted a64 words
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105 1995-06-20 23 JOHANNESBURG South Africa's gold output in May fell to 40.32 tonnes from 44.25 tonnes the month before, according to Chamber of Mines figures. Analysts said the industry was hit by the public holidays during the month and by the general malaise amongst workers.105 words
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Article82 1995-06-20 23 NEW DELHI India's government is unlikely to allow more raw cotton exports for the rest of the 1994-95 (Sep-Aug) season, forestalling chances of more Indian origins reaching the world market. This month, the government approved the export of 68,000 bales of raw cotton. But82 words
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Article1344 1995-06-20 23 SICOM Futures S2m dsatag as at 5.30pn) RSS 1 Caatract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 217.50 350 450 Aug 213.00 350 4750 Sep 210.50 2500 Oct/Dec 206.50 204.50 205.00 225 6075 Jan/Mar 204.00 3975 Apr/Jun 96 205.00 1530 HSS3C—tract (US cents/kg)1,344 words
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REGIONAL STOCK MARKETS
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Article1065 1995-06-20 24 -0.6 SHARES eased slightly in flimsy trade yesterday. The All Ordinaries Index fell 0.6 of a point at 1,973.8. The All Industrials lost 12.8 at 2,962.0. The All Resources was 9.7 higher at 1,226.9. Turnover was 149 million shares valued at As34B million. A broker said that with the1,065 words
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Article617 1995-06-20 24 Share prices fell as foreign investors stayed away in the absence of good news. A broker said there was "no drastic fall so far. It's moving sideways. There's no good news to lift the market". The PSE Composite Index fell 6.56 points to 2,783.75. Turnover was 1.44 billion shares617 words
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Article548 1995-06-20 24 •91.32 Share prices closed 1.7 per cent amid pessimistic sentiment among investors, with all eight major categories of shares suffering losses. "Investors remained concerned about strained ties across the Taiwan Strait and financial difficulties in the local construction industry," said an analyst. The 321-issue Weighted Price Index fell 91.32548 words
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Article449 1995-06-20 24 +5.64 Share prices closed higher, buoyed by reports of new mar-ket-boosting measures before local elections slated for June 27. "Buying sentiment was boosted by prospects that the Stock Market Stabilisation Fund would buy more shares before the local polls," said a dealer. The Composite Price Index posted a 5.64-point449 words
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Article324 1995-06-20 24 -7.71 Share prices, not firing on all cylinders last week, again failed to spark to life yesterday. The NZSE-40 Capital Index fell 7.71 points to 2,046.65 on volume of just NZ$24 million. "It was an exceedingly light day," said a dealer. "It's a market with a complete lack324 words
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Article89 1995-06-20 24 +22.08 Shares finished up but slightly off the session's highs. The BSE 300-share Index closed at 3,371.55 up by 22.08 points. The National index gained 11.92 to 1,599.05. Volumes in most pivotals including Reliance and Tisco were lower than usual and some brokers said this was because the on-line89 words
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WORLD STOCK MARKETS
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Article236 1995-06-20 24 +27.6 Swiss shares extended gains in afternoon trading. Dealers said a recovery in the dollar and Firmer bond futures supported shares. The SMI Index of leading shares closed up 27.6 Eoints to 2,803.0. The roader SPI Index ended up 15.51 to 1,848.09. Dealers said further gains were possible if236 words
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Article677 1995-06-20 24 +15.2 STOCKS rose to a 15month high, led by British Steel, against a background of rising government bonds and surging US stocks. The FT-SE 100 Index rose 15.2 points to 3,381.3, its highest level since it reached 3,425.3 on Feb 17. "We were a bit jaded at the open,677 words
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Article192 1995-06-20 24 +28.66 Extended September futures contract pins and firming of the dollar help boost DAX in late trade. The index has moved out of forecast range, but traders remain cautious about predicting an upward trend, saying profit-taking could erase gains in the next session. The DAX ended up 28.66 points192 words
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Article186 1995-06-20 24 12.63 Belgian stocks rose 0.9 per cent, with a steady dollar alleviating concern about the earnings of Belgian companies, such as Bekaert NV, which have large dollar-de-nominated sales. Traders said stocks were also boosted by news that Belgium's main political parties agreed to form a four-party coalition government headed186 words
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Article806 1995-06-20 24 +23.86 Stock prices turned solidly higher in active trading as buy programs boosted early gains fuelled by bonds' initial rebound following a three-day slide. The Dow Jones Industrial Average, which climbed 14.52 points to a new record high 4,510.79 on Friday, was ahead 23.86 to 4,534.65 at 11am806 words
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Article230 1995-06-20 24 +7.0 Stocks moved higher early along with Firmer North American debt markets and buoyant gold-mining shares. The TSE-300 Composite index climbed 7.0 points to 4,532.20 on volume of 9.0 million shares valued at C 5119.00 million. Advancing stocks outpaced declines 198 to 120, with 222 issues unchanged. "We'll end230 words
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Article270 1995-06-20 24 +2.73 Dutch shares closed just short of the day's highs after picking themselves up from a mixed start and gradually extending their gains through the afternoon. The AEX Index closed 2.73 points higher at 433.44. Dollar weakness kept prices in check at the opening but as the day wore270 words
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Article136 1995-06-20 24 +13.48 French shares moved higher, buoyed by a rise on Wall Street and Firm bond prices, dealers said. "It got a major Fillip from Wall Street," one trader said. Activity was thin, as many investors are waiting on the sidelines ahead of the new government's budget on Thursday. The136 words
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Article148 1995-06-20 24 +17.19 Ericsson and Volvo leapt ahead in quiet trading, keeping the local bourse in line with rising markets worldwide. The OMX Index rose 17.19 points to 1,590.92. Ericsson touched an in-tra-day record at 145.5 crowns during the morning but closed 50 ore lower at 145. Brokers said Nokia's more-than-doubled148 words
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Article320 1995-06-20 24 +24.9 South African shares ended broadly firmer as a strong gold price buoyed sentiment in mostly slow trade, with Arm world markets providing steady support. Traders said the market showed little reaction to a planned half-day countrywide strike yesterday. The Overall Index closed 34.2 points up at 5,469.4, the320 words
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Article651 1995-06-20 24 Britannia Funds Sterling Cash Bid Offer Mini Cap Deposit 38 6400 M 6500 Mim Jenty G* .0.1893 0.1992 Mini Mu income *0.9100 *0 9)00 USC CM Income PWt Fund 104*00 II 0200 PS S Rcwrvt Fund 5 5000 5 3100 ISR5JSS ***** ***** Far hm Fund •***** ****** Man Portfolio651 words
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Article151 1995-06-20 24 +52 Italian shares showed a late flicker, with almost half the day's 320 billion lire of cash business coming in the last one-and-a-half hours, but the mood remains cautious. Buying came mainly from domestic investors, with foreign investors showing no interest in Italian stocks apart from the odd second-liner.151 words
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Article, Illustration2525 1995-06-20 25 Bloomberg Business News TOKYO Stocks were little changed as traders and investors awaited further details of a government plan to spur the Japanese economy. The ruling coalition on Friday proposed easing regulations on stock sales as the first in a series of measures to support Japan's increasingly fragile economicBloomberg Business News; Source: Bridge Info - 2,525 words
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Article, Illustration1527 1995-06-20 25 Reuter BANGKOK Shares closed little changed after a day of sluggish trade during which retail investors disappeared while they awaited a clearer domestic political scene. The SET Index closed 0.20 point higher at 1,383.16. A total of 44.2 million shares worth*3.l billion baht changing hands. Decliners led advancers 155Reuter; Source: Bridge Info - 1,527 words
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Article, Illustration1169 1995-06-20 25 Reuter JAKARTA —r Shares ended lower with light selling of some bluechips. Brokers also said investors were sidelined as the Hongkong market was closed today. The Composite Index closed 0.64 point lower at 485.40 after touching the day's low of 483.25. "Light selling was noted in some blue chips,Reuter; Source: Bridge Info - 1,169 words
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Article2330 1995-06-20 26 Gr Gr IWJ Lai Val Day Laat Unn LH» YM Net M Cap H%k Lot Ci ■>■■■) Sal* (W»> Hfcfc Low Bayer Seller Or S H E Soul MALAYSIAN STOCKS 47» 196 m ABB 50C 3*4-4 199 3*6 3*2 3*2 3*6 J.0 -29 02 394 127 77.5 m2,330 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration6719 1995-06-20 26 Bloomberg Business News KUALA LUMPUR Stocks fell in slow trading as Hongkong investors who helped fuel last week's rally took the day ofF for the Queen's birthday. "A large proportion of the buying has been from foreign funds," said Les Nicholls,Bloomberg Business News; Source: Bridge Info - 6,719 words
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STOCK EXCHANGE OF SINGAPORE
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Article7778 1995-06-20 27 Mi k ,99 l Laal Val Day Last QMi l>!» D» YM Net CM An <■■»«"» Srir (-0001 High Im B.«rr viler O* P/E Ml Price INDUSTRIAL AND COMMERCIAL 450 450 "I I tn 454cd uach 29 456 454 454 45« 22.5 5 8 2.J 9 5 6259 45* 4307,778 words
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Article, Illustration1787 1995-06-20 28 R Sivanithy - By R Sivanithy SINGAPORE The local stock market lived up to pretrading expectations yesterday when prices ended lower in thin volume, but the lack of interest in Malaysian stocks came as a surprise to many who had expected a better performance northCharts by Bridge Info; Source: Bloomberg - 1,787 words
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Page 17 Advertisements
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Advertisement339 1995-06-20 17 NEWS VALUE Parkway counterattacks with questions far Sukamto (pg I) That Sukamto might sell out could put a lid on Parkway's share price until the situation is cleared up. Non-oil domestic exports rebound with 15.2% growth in lay (pg l) Stock market not in the mood to take notice. Telecom's339 words
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Page 18 Advertisements
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Advertisement59 1995-06-20 18 t pusmos *****0, i JUIK I yyj customers the centre closely needs to we are able systems One these procedures .f JP< our Banking handles requests from prestigiouffco 900%? a for are to have another quafcjfJPor attaining the ISOB V AVA aWaV v* am B B i B cenmcate runner59 words
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Page 19 Advertisements
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Advertisement93 1995-06-20 19 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified93 words
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Advertisement49 1995-06-20 19 1 Search for the I ■sunken city? Get movingfl I Call Usborne 1 I Puzzle Adventures 1 I on 1900-910-0002, I I at 30 cents a minute. 1 BEIJING Fly smooth as silk to 4 major cities in China, 18 times a week. For reservations call 1-800 224 997749 words
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Page 20 Advertisements
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Advertisement459 1995-06-20 20 The Urban Redevelopment Authority l« —j FT" v>> offering 24 unreatored and reatored \V v\ conaervatlon ahophouae parcela for aale by > public AUCTION and TENDER. 43 C 9 parcela conaletlng of 11 unreatored ahophouaea located along South Bridge ~ji/ Road are offered for aale by public auction. V\\ Commercial459 words
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Page 21 Advertisements
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Advertisement127 1995-06-20 21 Partner one of the World's leading Semiconductor Companies Technical Representative Wanted Opportunities exist to represent our products in your market. National Semiconductor Corporation is a leading supplier of electronic products based on analog and mixed signal technologies. Global manufacturer seeks local market expertise The company operates globally with manufacturing facilities127 words
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Page 22 Advertisements
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Advertisement49 1995-06-20 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, UanHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, caH Customer Services Section on 1800-749-2577, and ask for home or office delivery service.49 words
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Page 23 Advertisements
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Advertisement297 1995-06-20 23 Fund Asset Management Company In Malaysia For Sale (Enquiries/Interest Tel: *****26 P TQLL^RE^El^No^^o^aMBa^^B?x!TO-l?S^^ f 1 0 liana Bank wtk limited liability mUtr ikt Ir—oftM. Ktpublie of Korta) US$BO,OOO,OOO Dragon Floating Rate Notes due 1999 In accordance with the provisions of the Floating Rate Notes, notice is hereby given that for297 words
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Advertisement27 1995-06-20 23 The Hongkong commodities markets were closed yesterday As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.27 words
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Page 24 Advertisements
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Advertisement130 1995-06-20 24 S| ELECTRONIC AIR CLEANERS, USA. A SUPREME 2000 (Ceiling Unit) CACIOOO (Ceiling Unit) tf^H|Sfl^^| T-1300 FMIOOO (Ceiiingumt/ ▲FM 500 E TRION'* Electronic Air Cleaners improve Indoor Air GXjality by Flush Mounted) removing up to 95% of invisible dust and pollutants like smoke pollen, spores, mites animal dander, lint etc. Hie130 words
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Page 25 Advertisements
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Advertisement82 1995-06-20 25 The stock market was closed for a holiday yesterday M m j U IU W vv j H H Jm l i^B W\l W 1 ,"X V j!' j 4 <t' < I I t I *^i^i H| I i V| <.'fe'i.'i t i*,'-,tCi|M[ y-v GET IT NOW Available at82 words
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Advertisement45 1995-06-20 25 I 1 licioH H 5 Ufet vV fHH I J ''V s I Available at Newsstands Times the Bookshop NTUC Supermarkets 7-Eleven STOP PRESS kiosks Browse Buy at post-offices Shell Esso Caltex Mobil SPC BP. Published by Times Periodicals, member of Singapore Press Holdings 9/945 words
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Page 26 Advertisements
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Advertisement35 1995-06-20 26 H Witfc over 215 million cords honoured I' 1 p 133 MasterCard puts the whole world in your hands. Ami it gives you easy access to cash at 380,000 bonk branchesind AlMsi M 1 worldwide.35 words
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Page 27 Advertisements
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Advertisement79 1995-06-20 27 in a world of haves and have-nots, it's clear .1 mmff/KM why all eyes are fixed on the Micro Screen Triple What most shavers have. Foil Shaver (TF 400). It has 3 narrow foils with What some shavers have. m Z.lu'!!i^'l.r^ r^u!iJr highly-responsive diamond-honed cutting What both wish they had.79 words
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Page 28 Advertisements
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Advertisement137 1995-06-20 28 B__U__S__j_ NESS I I M E S This announcement appears as a matter of record only. a BANGKOK GRAND PACIFIC LEASE PUBLIC COMPANY LIMITED U5520,000,000 Term Loan Facility Lead Managers Kmßaftiafc at, ttypw Brandi Tka Nippon CndU Bank, lid, thnpiw Brandi Tin Slam Conanordal Baak PaMc Company Limited, ft*pcm Brandi137 words
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Advertisement344 1995-06-20 28 IN THE MATTE* OF GEEPEE UNDERWRITING AGENCIES (PTE) LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of (he member* of the abovenamed company duly convened aad held at 105 Cecil Street #21-01, The Octagon. Singapore 0106 on 12 June 1995, the Special Resolutions *et out below344 words
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Advertisement19 1995-06-20 28 To crack the safe or enter Mrs Wizard s crystal ball, call Tele-Games on jgt 30 cents a minute.19 words
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Advertisement294 1995-06-20 28 NOTICE Bank of Queensland Limited Series 2 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 20 June 1995 (inclusive) to 20 September 1995 (exclusive) the Interest Rate applicable to the TLCs is294 words
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Advertisement351 1995-06-20 28 Singapore Closing Share Prices 19/06/1996 cum pmv low mmm tllU* UN UN UN IW 1J»0 7jm IMB 7JO LWJ O.tt O.M O.M OK* SKES i-N i.*a ut iM UUIiUUB —iilirtw Oil—U< 1.13 WwfQ *4— MM Pit Published by Jardme Remmg International Securities Ljmited (Incorporated in British Virgin Island) IN THE351 words
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Shipping Times
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Article517 1995-06-20 29 Knight-Ridder, Reuter GRAIN trading from the US Gulf to the Far East was in the spotlight again in the dry cargo freight, sending the Baltic Freight Index (BF1) up seven to 1,997. Following reports of Cargill's fixture of Cemtex Frontier for 53,000 heavy grain US Gulf/Japan for JulyKnight-Ridder,; Reuter - 517 words
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Article, Illustration312 1995-06-20 29 Alec Almazan - By Alec Almazan SINGAPORE Concord Express, one of Singapore's leading freight forwarding companies, is building a $14 million warehouse in Changi. To be named the Concorde Express Commerce Park, the facility will have a storage capacity of 6,000 square metres within an312 words
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198 1995-06-20 29 SINGAPORE Members of the Transpacific Stabilisation Agreement (TSA) have agreed to impose a congestion surcharge on shipments to Jakarta because of delays and added costs due to congestion problems at the port. Effective July 15, the members of the TSA will charge US$lOO (SSI4O) per198 words
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395 1995-06-20 29 Thomas Wee - By Thomas Wee SINGAPORE The Asia Pacific Seatransport Conference comes to Singapore this year. Organised by the Singapore National Shipping Association, Apsco '95 promises to be the largest so far, with more than 300 international delegates expected. Speakers from around the world will395 words
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Article322 1995-06-20 29 SES 000 Jun 19 S$ Vol CWT Distnbution 1.59 unch 13 CWT Distnbution A 1.51 Chuan Hup Holdings 1.14 unch 18 Cosco Investment 1.75 +0.04 25 Cosco Investment A 1.71 +0.03 21 Far East Levingston 6.40 -0.25 210 GB Holdings Ltd 0.795 Hai Sun Hup Group 0.805 -0.005322 words
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495 1995-06-20 29 Ramesh Divyanathan - This is a fortnightly column that highlights important shipping court cases By Ramesh Divyanathan SINGAPORE A shipowner's claim that a lawsuit against it should take place in the Ukraine was rejected by the High Court because the facts of the case495 words
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Article124 1995-06-20 29 AFP MANILA A sunken World War II Japanese ship in Philippine waters, believed to have a treasure worth US$5OO million (***** million), is the subject of a race between two rival salvage firms, a group reported here yesterday. The Philippine Centre for Investigative JournalismAFP - 124 words
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Article, Illustration656 1995-06-20 30 Robert Mottley - Overbooking in carriers has made life difficult for low-priority shippers. Robert Mottley reports Robert Mottley American Shipper HIPPERS of low-val-ue commodities, such as hay and X waste paper, are finding it difficult to obtain space on container Jhips. It is a sharp turnaround from aAmerican Shipper - 656 words
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330 1995-06-20 30 Page •ANL 3 Able 7 Accord 10 •Ahlers 6 •Ahrenkicl 4 •Appenship 4 Astro 10 Austral 11 Avant 6 BSA II Batatnindo 7 Bright Express 6 •CCN1 4 •C MA 11 •COSCO 7 •CSAV 3 Centenary 7 Central Ex 11 Chahaya 4 •Cho330 words
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Article10524 1995-06-20 36 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement. Page 8 EU En M—■ Vassal Voyagt Pg A Abu Dhabi 22/06 05/0710,524 words
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SHIPS IN PORT
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Article580 1995-06-20 41 W"* fey Ni Berth Arrival Departure ■m fcrong Port 8» Sowwo 1/95 J17/18 alongsrie 20.06/2300 Li 1/96 12 alongside 2006/0600 Yun 27 «/9 alongsrie 2006/1500 pa Pnraef 4 J16 alongside 20 06/1800 Wn Jaya 25/95 J3 alongside 20 06/0600 N« Be 12/3 alongsrie 20 06/2300 tando 06/08/95580 words
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Article1564 1995-06-20 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofcng/Balance RjJts »«P **T Wo Etb/Bto Nriod Ffowi To From Acx Ltor. 0458 20/2359 IB 19/1500 19/1659 19/1900 28 19/1700 20/0659 20/0900 3 20/0700 20/1159 20/1400 Aa Swan 175A 21/1000 2A 19/1700 20/0659 20/0900 28 19/1700 20/0659 20/0900 41,564 words
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Article1006 1995-06-20 41 THIS report, compiled by Cockctt Marine Oil Lid, 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 individual1,006 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration383 1995-06-20 42 Alec Almazan - By Alec Almazan SINGAPORE Emirates, the international airline of the United Arab Emirates, became the first Boeing 777 customer to select an engine for operation at 90,000 pound thrust. The Rolls-Royce Trent 890 engine on the Emirates 777-200, scheduled for delivery in383 words
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404 1995-06-20 42 Bernama KUALA LUMPUR Buoyed by strong performance in the industrial sector, air cargo throughput at Malaysian airports registered an average growth of 21.5 per cent last year to 379,133 tonnes from 312,045 tonnes in 1993. Total air cargo handled in the Peninsular shot upBernama - 404 words
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203 1995-06-20 42 MBT KUALA LUMPUR Domestic air travel within Peninsular Malaysia, especially to airports in the west coast, nosedived last year following the completion of the North-South Expressway. Statistic released by Malaysia Airports Bhd showed that all west coast airports of Penang,MBT - 203 words
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178 1995-06-20 42 AFP, Kyodo TOKYO Japan Airlines (JAL) yesterday reached a broad agreement with 15 other airline companies from Europe, the United States and Asia to standardise global cargo operations to cut costs. The airlines, including Air France, Alitalia, British Airways, Cathay PacificAFP,; Kyodo - 178 words
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212 1995-06-20 42 AFP LUXEMBOURG The shadow of US pressure to create "open skies" for its carriers in Europe hangs over a meeting of European transport ministers taking place here today. The United States has signed bilateral agreements with several European countries to give theirAFP - 212 words
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122 1995-06-20 42 Reuter DUBAI Saudi Arabia said on Sunday it would buy 61 new aircraft from US manufacturers Boeing and McDonnell Douglas and would sign the long-awaited contract "within a few days". e remarks were made on Sunday night by Defence Minister mnce Sultan, whoReuter - 122 words
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Article129 1995-06-20 42 AFP TOKYO Japan's biggest car maker, Toyota Motor Corp, is din a new us car P lant with a capacity of iuu,OOl>-2(X),CXX) units a year to combat the yen's rise against the dollar, a Japanese news agency said yesterday. However, the decision willAFP - 129 words
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116 1995-06-20 42 Reuter KUALA LUMPUR At least 15 international and local flights from Malaysia were delayed due to a power failure at the main international airport at Subang early yesterday, said a spokeswoman with Malaysian Airline System Bhd (MAS). The power failure, between 2.00 am andReuter - 116 words
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Article102 1995-06-20 42 AFP TOKYO North Korea said that General Motors Corp had expressed "strong willingness" in building an automotive parts plant in the country's free economic and trade zone around the ports of Rajin and Sonbong Charles Randolph, vice-president of General Motors Asian and PacificAFP - 102 words
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178 1995-06-20 42 AFP HONGKONG Chinas newest airport at Zhuhai, bordering the Portuguese enclave of Macau, has started handling scheduled commercial flights with a single flight daily. The airport started the flight operations on Sunday with a single fully-booked me-dium-sized aircraft flight to Beijing, after it was officiallyAFP - 178 words
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Article1418 1995-06-20 42 AIRCRAFT ARRIVALS DEPARTURES WW* TO rn* TO »*■»>* GA882 2310 Qf81 1930 Qf82 2055 SQ228 2120 »wlw<w KL831 0925 GA974 0020 SQ327 1530 KL844 0040 GA897 1605 KL838 2300 SQ26 23S5 SQ348 2250 >f*l—< SQ286 2040 SQ288 2045 NZ74 2340 S«l >l|llll BJ42I 1100 SQ182 0915 SQ181 1410 BJ422 12001,418 words
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Page 29 Advertisements
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Advertisement428 1995-06-20 29 Low-value cargoes get cold shoulder: Page 2 Emirates picks Rolls-Royce's giant engine for its B-777: Back Page Shipping: 2000 and Beyond 13 -14 September 1995 Raffles City Convention Centre, Westin Stamford Westin Plaza Singapore With the central theme "2000 and Beyond" the APSCO '95 Conference will provide an insight to428 words
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Advertisement14 1995-06-20 29 Your Choice, Your Satisfaction Tel: *****55 Fax: *****60 pis see Pa 3 for schedule14 words
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Page 30 Advertisements
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Advertisement1313 1995-06-20 30 WjpL gmgS-sHffl A R D I I—^ The e Singapore Freight Forwarders New man at ANL helm Association is holding a certificate Tonv Franklin ha* rCWOrO presentation ceremony tomorrow at tony rranklin has been The Singapore National Shipping Association (SNSA) 5 30 Dm at thp World Trad* Ppni-r^ appointed Australian1,313 words
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Advertisement212 1995-06-20 30 Line* and services represented by Members of the Registry of Accredited |?i§l* Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping rimes: Tel 740-2089/740-2090 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday Business Times m PJMvig LoadhgFor > 23/6 27& RcfrrVAtwAJK/Nantes212 words
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Advertisement2872 1995-06-20 31 vgsa vor sm cta/d im cm oo mem/coi Thou ntc no dm *um>oiviqoiT n/u /n/o* w/v n/o; n/o; u/>/ n/07 14/07 14/07 i»/ay WWfg 00* W/Ot /30/00 14/87 U/07 10/07 M/ 07 21/07 21/07 0/07 25/07 gggOgg M* 04/07 /07/07 23/17 24/07 25/07 24/07 27/07 27/07 30/07 01/00 (MgWWOWBIi m2,872 words
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Page 32 Advertisements
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Advertisement1107 1995-06-20 32 ffssa m w m mi im sum pquk sa m uo no sn iok m mum M7nr~M7T~ a/s" ?i/s im a/* "rffT UTi ivT" ~v7T BSBIBHBS 1V47) 77/5 TVS H/S 31/S 30/4 IM IV* TVi a/* V/k ~mrW~ v*- n/i~ v7j~wr tfl TT~vr HOEOW OHBS 11/<B Vt 1/4 31/S 7/t1,107 words
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Advertisement30 1995-06-20 32 ACCEPTING LCL/FCL/CONVENTIONAL TO AND FROM PROVIDING "DOOR TO DOOR" SERVICE TO YANGON MANDALAY AND INLAND DESTINATIONS ALSO ACCEPTING PROJECT CARGO TO WORLDWIDE DESTINATIONS TEL: *****00/*****33 FAX: *****27 CONTACT ROSAUND/CAPT OW/CLEMENT30 words
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Advertisement1120 1995-06-20 32 I NORASIA VESSEL VOV SM ALQ LAS BCL VAL HAM BRE ROT ANT FEL LHA uinniuna !S£! M 7 1517 1W? IM7 IW7 VKI IH7 lEABCEAVOUR HSW 2MB 17*7 IM7 2W7 23*7 2247 13/91 23*7 2M7 2M7 2M7 KSESd SJI "I M* 7 O" JW JW? SM? Jl»7 JW7 iu«1,120 words
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Advertisement670 1995-06-20 32 JAPAN/HONQKONQ/STRAfTS REGULAR LOADING FOR PORT KLANQ/PENANQ VESSEL VOY SPORE PSUOAM6 PKG PEM WrOMM a SLD tWPT EASTER* HERO 11 SLO IWPT WSTA 22 23JUN 20JUM -f SHUNTAI t a JU* 23 JUN 27 JUN ORIENT VEMUS 17_ 29 JUM 20 AM OCEAN BRAVE 2 20 JUN jUg PACIFIC GRACE 24670 words
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Advertisement1192 1995-06-20 33 SP™ STRAITS SHIPPING PTE LTD 10 Mm ChlM« Rmnl #11-01 Koppcl Tbwow 0200 Ttl:22So7ooF«i: *****17 i WAww omnia pacific urn gmgkj (a service of china navigation co> CAMO DUE IMLS LHESV V I JJMWWI VHW Mwia. Ut 17 41t Jm MJb MJm g :i!". 1 1 J nwuiKiim* v«iiEa.aa*.«« »jm1,192 words
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Advertisement1750 1995-06-20 33 RftO Containers Containers (Singapore Agencies) Pte Ltd K«?n r a: ~fiS: 10 Hoe Chiang Road, #07-01 Keppel Tower,, Singapore 0208 First Class Connections WORLDWIDE Te,: 225 "33. Teiex: rs ***** pnocsp f. k 225 5327/222 7517 CR Number *****9 *****Z gXPOWT IMPORT mm voy pWTWPW 1 sou ant rot ham1,750 words
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Advertisement487 1995-06-20 33 OUTMOUMP PW. PB> JOH 8M HK6 KAQ XM Kg YDK TOK M 6 IBM OSK MOJ BUS MAN HM 2MMHI MM Mg 22M MM MMI WM7 MM7 BBM7 |jg IM7 11/17 MM7 MAHHMIMMBM M Ml Ml M-27M 82M7 MM7 MM7 17M7 1»F HOT 1 TjjT wmmnmm mm am mm mmm487 words
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Advertisement1069 1995-06-20 34 I SOP ROM HM THP ANW LHV LHV ANW THP HOG ROM PKL MP 1 ■I. RESULT RMN 24* 14/7 10/7 11/7 18/7 IV7 E. GLEAMY RE-MO tU IM 2/0 30/S 20/0 2M ■I. ROYAL RW-tM 1/7 21/7 23/7 21/7 22/7 20/7 E. GENTRY RE-OU 0/0 U 0/0 10/0 7/M1,069 words
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Advertisement790 1995-06-20 34 ■*»awot mp oui HSC omn !m kwt w 1 ■uNommm) osm-oijw imm M 7 mm aw? Z I uNChART 344 2MB OM7 IM7 11*7 12*7 j* crown 3356 375* OM7 IS*7 17*7 IM7 M 7 £*7 I UNI CONCERT MMI7W 17*7 77*7 ZM7 IM7 M«7 3M7 I I *J0 MOPIM790 words
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Advertisement711 1995-06-20 34 k Q3 RICHFIELD MARINE AGENCIES (S) PTE LTD m I V TB *****33 (12 LINES) m "L FAX: *****15/*****03 F+J TELEX; RS ***** RISHIP (3 UIM) CR NO: **********0E I 13Q ETHIOPIAN SHIPPING UNE£ Y (National Lines of Ethiopia) m I ACCEPTING FCL AND CONVENTIONAL """T I vSSS ETA Loading711 words
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Advertisement1378 1995-06-20 35 ram mum ni WmiMHMtEMT 'r V f, COAST SOtfTH AMERICA •—HI Mm* Til M' MNM lllWtllXM COSTAR SHIPPING PTE LTD tlf.J'£S?J a i?J $M cm*fr uuui/u* m« W i m -h<»hu Itafel Vlf 117-li Tllli tiUI COSMIF CmhiHiul jhimi /Ma Oplrttl&t CMUMtr UH/TI OM Ht§ Tiwtrl CM—: DWMWI fii '/l/fM1,378 words
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Advertisement436 1995-06-20 35 HEUNG-A SHIPPING (KOREAN FLAG) LI. "'L'—L'_"" l "i'_' 1 fwi I CQWwihPwII SHRFICE y i I i iwp pEi yis' iw iwi MMm I is/oo|»/i* |g/oi I p/i I o«/o/I M/iy| 01/17 ho/oy Im/iH- Im/«lumrinm MM lUn I if/N 104/17 I H/V I 10/07 I li/W I It/VI MM Itl/V436 words
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Advertisement289 1995-06-20 35 SCHINDON SHIPPING FTE LTD t HfIMLOCK ROAD, MM APOLLO CRNTRK, Ml 0108 TBj *****20 (8 UHM) FAX: 53*3838 TLX: RS ***** SCHM CR HOt **********0N IOOKMIk LUI/JUM WDONESU AGENT P.T. TRKORA LLOYD. JAKARTA TEL: (21) *****7M*****1 CTP: OJONVSANUSI FAX'(2I)BM9BI7 WESTBOUND V6L JKT BUM MP AIM BMf HAM ANT tbr urn289 words
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Advertisement477 1995-06-20 35 Jf FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 y HOT UNE: *****33 (30 UNES) GOTHENBURG/SCAN 26/06 ROTTERDAM 23/06 AARHUS/COPENHAGEN 26/06 HAMBURG/BREMEN 23/06 MARSEILLE/FRANCE 21/06 FELIXSTOWEAJK 26/06 BARCRONA/SPAIN 21/06 LEHAVRE/FRANCE 26/06 GENOA/ITALY 25/06 ANTWERP/BELGIUM 23/06 LOS ANGELES/WC/IPI 23/06 SYDNEY/MELBOURNE 23/06 NEW YORK/EC 23/06 FREMANTLE/ADELAIPE 21/06 VANCOUVER 23/06 BRISBANE 23/06477 words
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Advertisement275 1995-06-20 35 pH, DONGNAMA LINE MMVM7N 17/ M tt/M M/M S/N li/17 M/»7 nUMSVSMM M/M M/M M/M lt/M 11/ M SMKMC ItAKI VM7N 11/17 M/ 17 M/ 07 M/ 17 14/17 11/17 NjraUWVlMf M/ 17 11/17 11/17 11/17 M/ 17 M/ 17 WtKINP THI ASIA WVICi vcsam I scr hkg mc bn275 words
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Advertisement608 1995-06-20 38 llrTr^toMiawaJiiiißrawai [wo. VOY sw JKT VESSEL VOY WW f IVESSEL TvOY £n BKK I IvWA BHUM 135S Wd I 21/S 81 24/8 BUNQASEWOJA SOBS Tim Ito Pt~ Thu 22*~ MAHA BHUM* W«t I 21* U. MM M JSL_ JSfi_ _Iltt_ JUS- THANA BHUM llW—_[»_ kUS H PtYA BHUM mi XOTAJADg608 words
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Advertisement97 1995-06-20 38 Astro Shipping ACCEPTING LCL FCL TO AND FROM DIRECT to SHANGHAI and XING ANG Inclusive most inland origin/destination Southern China destinations will be routed via Hong Kong •Accepting Fa Shipment to ULAAN BAATAR Freight coiled in Singapore acceptable Tel: *****45 (6 LINES) FAX: *****41 SZ International Maritime (S) Pte Lid97 words
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Advertisement171 1995-06-20 38 Gonttmntaf PadHc SNpptog J TIMBER PLYWOOD SERVICE TO UK7CONTINENT KKU STORE PKL LOAOMG FOR CELTIC SU) SLD FUMtOT/ANTAJK LEO M SU) MPT 22Ji FIUWOT/ANTAJK FIECHA MPT 2M W FUVROT/WITA* 'Lnii SiMMtmli C R NO. 133SM3NMH CONTIPAC SHIPPING PTE LTD v* wm—mmm mmi ML MULTVOarr SON BNDI TWLs I—M TUb MA171 words
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Advertisement571 1995-06-20 38 79 AM SOW ROAD, *21-01, SINGAPORE 0207 TEL: *****02 FAX: *****67 CR **********0*1 PORT KLANQ PENANQ ,>twa Ivor m I no. vena I vor I SEA LAUREL 396W THU 164)6 FBI LHOTSE 5033 074KWED OaP6FWI EAGI£BWEEZE 208 A 154)6 THU 174)6 SAT XOUR JAYA ***** OaWFR) HAW SUM SEA LAUREL571 words
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Advertisement135 1995-06-20 38 A—_ GOLDEN LINE < fvfWl GUANGUAN SWPPING K64> (PTE) UD 23, Wok Ayor Stooot SMGAPORE 0104 1 TEL *****68 (10 LVES) Fac *****04 «TtAIT»/>EfIAW auir KIVICK S"pore PKetarig Penang OOLDEN STW KaracfvOubaAuwat 25/26 Jir FBBGElUractVDubai/KiMat 28/29 Ar CHINA >K»Ylcr. GOLDEN WONDER Shanghai kiPort SHI BAO Huarigx/Sharghai 03/05 J»J A VESSEL135 words
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Advertisement604 1995-06-20 39 1 5: MYANMA FIVE STAR LINE r™" (Myanmar National Una) w Loading for Yangon (Rangoon) S»ra P.KIg PEN PGdg WJRAMIA itm J MYONAYWA VIS6W 21/06 PATHEIN VI33W 28/06 MALAYSIA AGENTS: BOUSTEAO SHIPPING AGENCIES r; KIN.: m 02 03-*****00 PKL tel 02 03 37M101 Z- PEN: TEL 02-44-*****02 P6O: TEL 02-47604 words
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Advertisement522 1995-06-20 39 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Caci StraaL #1200, PIL Budding, Singapore 0106 Ulfl TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL ——I—2——l CR WO. HB3SO4OOOOE ANNOUNCING THE }\A LAUNCHING OF OUR 1 JAPAN SERVICE r TO SENDAI \^f L K0 MA «Ihachinohe N«oata/. y SENDAI "KOTA INDAH"522 words
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Advertisement823 1995-06-20 39 **********0Z VtSStLS W SjN LE HAVRE HAMBURG THAMES ROTTERDAM ANTWERP WUIXQIIA WW 20/06 11/07 13/07 15/07 imj7 17/07 WIEDWPHA HOOW 27/06 16*07 20/07 22/07 23/07 24*77 VU-E DC LYRA VO9W 04/07 25/07 27/07 29/07 30/07 31/07 VU-E PS VELA VO9W 11/07 01/06 33/06 08/06 (MB 07/06 ALSO ACCEFTINQ CARGO TO823 words
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Advertisement660 1995-06-20 40 AFGHANISTAN MAM Afghanistan Ltd., ■kJH Hairatan, Torghundi, Islamqala (Doqharun) ■WlOCiTi C. I. S./RUSSIA: Alma Ata. Ashkhabad, Baku. Dushanbe. Militror A Hi uv*h Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, biZiimli Vp rAoro Novosobtrsk, Sochi. Tashkent, Tbilisi, Vladivostok, Vostochny a^m aroers Mongolia: Ulaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST660 words
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Advertisement353 1995-06-20 40 im. A« —I MHIW i iy« Mfr AajMtK MAC-HELS SPORE: *****22 (24 LINES) SSBiawwiir SS^naw P. MELANG: (08)*****77 JAKARTA: <>1)*****07 SURABAYA: (31)291 <80 I ASIA HKG/TWN/BKKI GENOA/EUROPE I PEN PKL SIN 5 SAILINGS/WEEK fi 2(V6 21/6 22/6 HKG*KK/KEE/KHH targ/C hagen/S h o o 22/6 m 23/6 24/6 25/6 HKG/BKK/KEE/KHH 1,/Rtm/Ant/M353 words
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Advertisement209 1995-06-20 40 1 cosco EXPORT TO: CHMA/HONQ KONQ EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST/EAST COAST PERSIAN GULF/KARACHI Please refer above mentioned services to China Ocean Shipping Co. Advertisement in Page 7. CH-A/UFA RILLCOMTANERSERVICE VESSEL SGP+ PEN+ PKL+ HKG SHA OtN TUOHE A) 165 15/06 16/06 18/06 25/06 29/06 02/07 SPLENOOP RTVER /0021209 words
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Advertisement388 1995-06-20 40 STRAITS/ JAPAN/ STOUTS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS IHA |Ctt IOAOMCrat 1 vtssa VOY JIN PK srawnuoa l 14/4 ?4/4 tajuong hank jo/a mktulu in a 4/7, TAWAU 7/7, SUIWMU NA6OYA, TOKYO MIGHT VKA 141 IS/4 24/4 JAPAN388 words
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Page 41 Miscellaneous
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Miscellaneous129 1995-06-20 41 i REGIONAL WEATHER LEGEND R Thunderstorm Temperature c A y Shower Weather —S Wind drection with speed in knots Rom Cloudy Sky Wov h l Swfje« «Mi ore mdkoted by arrows which Hy with the wind Qy One fu> circle represents cotm or light ond variable winds i_» One hoM129 words
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Advertisement12 1995-06-20 42 ME ME (R) LION Bounding To Bangalore Dashing To Delhi Every Sunday12 words
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