The Business Times, 21 June 1995

Microfilm: NL19994
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES WE KNOW ASIA MITA(P) 194/12/94 Wednesday June 21 1995 85®
    12 words
  • Article
    Lock icon Dow down 5 points
    79 1 Reuter NEW YORK Blue-chip stocks fell on profit-taking yesterday after a spirited run into record territory in the last four sessions, but technology stocks showed some resilience. At lpm EDT, the Dow Jones Industrial Average was off 5.88 points at 4,536.73. In the broader market, declining
    Reuter  -  79 words
  • Article
    Untitled
    167 1 Stock marfctt Indicts Tnrsday Change STII 2,116.54 -11.56 KLSEComp 1,055.11 +2.52 Nikkei 14,665.70 -34.36 Hang Seng 9,278.69 -35.26 SET Index 1,397.27 +14.11 Jakarta Comp 487.95 +2.55 Manila Comp 2,810.61 +26.86 Taipei WPI 5,317.04 +67.16 Seoul Comp 884.33 -1.98 Bombay BSE30 ..3,379.86 +6.13 CLSA China B 785.41 -2.20 Ausl All Ord
    167 words
  • Article, Illustration
    Lock icon Cash-flush S'pore banks turning away big depositors
    720 1  -  By Amy Balan Shiv Taneja SINGAPORE Flush with funds, local banks are chasing away big deposits by quoting very low rates. A lawyer from a conveyancing firm with $600,000 of client's money to park last week said he had to "beg around" before
    Source: MAS  -  720 words
  • Article
    Lock icon Malaysia gives go-ahead for second foreign fund management firm
    470 1 Phillip Securities of S'pore ties up with Irish and M'sian partners Bloomberg Business News KUALA LUMPUR The Ministry of Finance has given two foreign companies permission to set up Malaysia's second foreign fund management company. Yesterday's announcement by AIB Investment Managers
    Bloomberg Business News  -  470 words
  • Article
    Regional shares latch on to Dow rally
    229 1 SINGAPORE Most regional stock markets yesterday responded well to the Dow Jones Industrial Average's fourth successive record high earlier in the day, but local blue chips continued to disappoint. Brokers here said their clients were still concerned about the expected slowing down of
    229 words
  • Article
    Lock icon US task force unveils proposals to cut derivatives risks
    264 1 FT LONDON Wide-ranging proposals to reduce risks in the world's futures and options markets in the wake of the Barings crisis were unveiled on Monday. A report by the Global Task Force on Financial Integrity, set up by the US Futures
    FT  -  264 words
  • Article, Illustration
    Jardine group buys 9% EON stake for US$180m
    400 1  -  By Lee Han Shih SINGAPORE In yet another major investment in the Singapore and Malaysia car market, the Jardine group has bought a 9 per cent stake in Malaysian-listed Edaran Otomobil Nasional (EON) for US$lBO million (*****.2 million). Jardine Strategic Holdings (JSH)
    400 words
  • Article
    US plans sanctions against Japanese air cargo companies
    298 1  -  From Leon Hadar in WASHINGTON THE Ginton Administration announced on Monday that it intends to propose sanctions against Japanese air cargo companies, after Washington and Tokyo failed to resolve a dispute centring around Federal Express Corporation's demand that its cargo planes travelling
    298 words
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      246 1 |f#t Lettering Systems j BT Online Look as up at http:// www juu 1 .com.sg/biztimes CMNpMtes S'pore News 2 S'porHfaa 17.18 feffMl Dm 3-7 Franco! 21.22 Wort News.: 16 FMtarM Marints 15 Ctob/KISE. StS 26-28 Edtonai 14 femoral 24 Sports 13 World 25 TV/btetyte HI Cirrous 21 Sma/Commo 2123 Td
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      8 1 Regional Analysis: Pg 15 Vietnam and the WTO
      8 words
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      24 1 Hock Lock Siew: pg 17 Indon firm Great River has an edge Regional markets, Pg 24-28 More clout for London financial watchdog, Pg 20
      24 words
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      Page 1 Advertisements Column 4
      103 1 Bottom The reafWS-Japan dispute A company's strength lies in the Backbone of its staff. The Alpha AP 5490 can be ad- tall can enjoy perfect posture, justed to suit all body heights and sitting becomes a pleasure, and working positions. The Dauphin Syncro-Balanca fea- Dauphin (S.E.A.) Pta Ltd ture allows
      103 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Hotel rates up, but occupancy slips
        268 2  -  By Agnes Wee HOTEL room rates have been rising by between 3 and 6 per cent year-on-year over the past few months. But at the same time, there has been a slide of between 2 and 3 per cent in occupancy. Some hoteliers are
        Source: STPB  -  268 words
    • Article, Illustration
      US' StorMedia to pump US$40m into plant
      406 2  -  By David Mok US-BASED disk drive media producer StorMedia International will invest US$4O million (5555.6 million) here by the end of this year in its new factory at Tuas. StorMedia is one of two firms so far to set up a factory here
      406 words
    • Article
      Vital to reach financial services accord this month: WTO official
      294 2 AN ACCORD on the liberalisation of the world's financial services markets must be reached by the end of the month as scheduled, or all countries would suffer, World Trade Organisation information director David Woods said yesterday. Mr Woods, who is
      294 words
    • Article
      Queensland woos Singapore investors for tourism projects
      241 2 QUEENSLAND is wooing more Singapore investors to take up some of the AS 1.38 •Billion (SJI.4 billion) worth of "tourism investments needed to add another 9,200 hotel rooms that the state will need by 2000. Singapore businessmen, already the fifth largest investors in
      241 words
    • Article
      NUS, NTU raise fees for postgraduate programmes
      234 2 SINGAPORE The National University of Singapore (NUS) and the Nanyang Technological University (NTU) have raised their postgraduate programmes' fees for academic years (AY) 1995-96 and 1996-97. Fees for research programmes will be revised from the existing $350-$5OO to $600-5750 in AY9S and $1,300-$
      234 words
    • Article
      Northern Ireland sets up S'pore office to tap business
      152 2 THE Industrial Development Board for Northern Ireland has established a permanent representative office in Singapore. IDB executive Peter Lorimer, who will head the office, said the decision was prompted by interest throughout South-east Asia in potential investments in Northern Ireland. The
      152 words
    • Article
      Intel sues three firms in S'pore over alleged copyright breaches
      278 2 US-BASED microprocessor giant Intel Corp has filed law suits against three companies here for copyright infringement the first time it has taken legal action to defend its patents outside the US. Similar suits have also been taken out against firms
      278 words
    • Article, Illustration
      Lock icon S'pore among top 3 least risky Asian economies
      376 2  -  Country Risk Report '95 Ven Sreenivasan JAPAN, Singapore and Hongkong are the three Asian economies with the best balance of economic dynamism and socio-political security, says the Political Economic Risk Consultancy (Perc) in its Comparative Country Risk Report 1995. On a scale
      Source: Politics & Economic Risk Consultancy Ltd  -  376 words
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      200 2 ■AAb 111, North Bridge Road, Level 11 wSI n wmp Peninsula Plaza, Singapore 0617. M: (65) 336 6577 Fax: (65) 339 5291 SUSHI BAR PROMOTION Eat-As-Much-As-You-Like $38 Per Person (Avocado Crab ■r V Also inclusive Ml FRESH SALAD, SOUP and MACHA ICE CREAM. A-LA CARTE SUSHI AT SPECIAL PRICES Toro
      200 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      KL in search of stakes in high-tech projects, says Rafidah
      624 3  -  Reports by Claire Leow in KUALA LUMPUR MALAYSIA has been scouting for high-technology investments to enhance the country's technological base, and KJiazanah Malaysia, the state's investment arm, may soon make its first investment in such a high-tech project. Minister of
      624 words
    • Article
      Penang to help manage Sumatra industrial park
      296 3 THE Penang Development Corporation (PDC) is likely to manage a new industrial park in northern Sumatra, Indonesia, which should be formed within two years, Penang's Chief Minister Dr Koh Tsu Koon said yesterday. Dr Koh said this would be the first time the
      296 words
    • Article
      Lock icon Wanted: KL assurances on labour policy
      342 3 Foreign investors concerned by KL call to shift to labour-surplus countries AFP KUALA LUMPUR Foreign investors in labour-inten-sive industries in Malaysia sought assurances yesterday they would not be hit by the shift towards high-tech operations to resolve an acute labour crunch. The Malaysian International
      AFP  -  342 words
    • Article
      Lock icon Indonesia to hasten growth of pulp sector
      110 3 Reuter JAKARTA Indonesia's President Suharto yesterday urged his industry minister to accelerate the growth of the pulp industry to meet growing domestic paper demand. "The president said it is important to accelerate the pulp industry as Indonesia has a comparative advantage in the
      Reuter  -  110 words
    • Article
      Lock icon Beijing's Natuna claims unclean Jakarta
      95 3 Reuter JAKARTA Indonesia is unsure whether China's claims in the South China Sea extend to its Natuna islands and the gas-rich seabed around them, the official Antara news agency reported yesterday. "We do not know for sure what China is actually claiming by its map,
      Reuter  -  95 words
    • Article
      Lock icon M'sia can sustain fast growth: banker
      63 3 AFP KUALA LUMPUR Malaysia should have no problem sustaining its rapid growth based on its good economic management track record, a leading banker said, as a national move to curb inflation gained momentum. Lin See Yan, former deputy governor of Bank Negara and now
      AFP  -  63 words
    • Article
      Lock icon Java power plant in the pipeline
      52 3 Reuter JAKARTA Indonesia plans to start building a US$6OO million (SsB34 million) power plant in central Java in two years, an official said yesterday. He said the power station at Maung, 400 km east of Jakarta, was due to start operating around the year
      Reuter  -  52 words
    • Article
      Money politics surfaces in north-east Thailand
      336 3  -  From Loh Hui Yin in KHON KAEN, Thailand SOMETHING unusual is happening in the north-east of Thailand. Daily withdrawals of funds from commercial banks in this part of the country have more than doubled in the last two weeks, according to Metha Suvanasarn, director
      336 words
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      163 3 v w A ■frjM'iv, V i fc In the world of communications systems, we're here to help. In 125 countries worldwide, we are Networks and entire business systems to INTELSAT VII satellite program and the helping to provide advanced communications the smallest mobile phones. And further TAT 12/13 transatlantic fiber
      163 words
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  • CHINA/HONGKONG/TAIWAN
    • Article, Illustration
      S'pore hopes to be a catalyst in Shandong's development
      467 4  -  Yeo Cheow Tone in Shandong From Tah Hooi Ling in YANTAI CITY, Shandong THERE will be a limit to Singapore's investment in Shandong, as it is a small country. But the Republic hopes to be a catalyst in the development of
      467 words
    • Article
      Five S'pore projects worth over $200 m
      430 4 LONGKOU Minister of Trade and Industry Yeo Cheow Tong yesterday officiated at five Singapore projects in Longkou with a combined investment of over $200 million. Mr Yeo, who is on a fiveday visit to Shandong province, declared open four projects by Singapore investors
      430 words
    • Article
      Lock icon China turning urban credit co-ops into retail banks to boost competition
      489 4 Reuter BEIJING China will transform urban credit co-opera-tives in 35 major cities into commercial banks to boost competition in the banking sector, vice-governor Chen Yuan of the central People's Bank of China said yesterday. Mr Chen was addressing a
      Reuter  -  489 words
    • CHINA WATCH
      • Article
        Lock icon China bid to help debt-ridden firms
        105 4 AP SHANGHAI In yet another attempt to turn around its moribund state enterprises, China has decided to reduce the debt burden of money-losers that merge with successful state companies, the Shanghai Securities News reported yesterday. The National Committee on Economics and Trade, the Ministry
        AP  -  105 words
      • Article
        Lock icon Taiwan export orders up 28%
        89 4 Reuter TAIPEI Taiwan announced record export orders and impressive industrial output figures for May yesterday, dispelling fears that sluggishness was creeping over its vibrant economy, analysts said. Figures from the Economics Ministry showed the island's total export orders in May rose to a record high
        Reuter  -  89 words
      • Article
        Lock icon No plan to send envoy back to US
        85 4 AP BEIJING China has not made any plans to send an ambassador back to the US, a Foreign Ministry spokesman said yesterday. Beijing announced on Saturday it was recalling Ambassador Li Daoyu from Washington for consultations because of the deterioration in China-US
        AP  -  85 words
    • Article
      Lock icon China has shortlist for HK top job: new daily
      146 4 AP HONGKONG China has secretly short-listed nine candidates, including Hongkong's chief secretary Anson Chan, for the Job of chief secretary in a post-1997 administration, Apple Daily said In its first edition yesterday. The newspaper, quoting reliable sources in Beijing, said in
      AP  -  146 words
    • Article
      Lock icon Tax reforms add to Beijing's coffers but show up irregularities
      288 4 UPI BEIJING Reforms in China's tax laws raked in an extra 10 billion yuan (551.67 billion) in May, but highlighted massive irregularities in both tropical Hainan island and customs bureaus nationwide, the State Administration of Taxes (SAT) said yesterday. Industrial
      UPI  -  288 words
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      834 4 *<• w_ J ll Bank of Hawaii BANCORP HAWAII. INC AND SUBSIDIARIES Consolidated Statements of Condition Consolidated Statements of Income US9 in thousands US$ in thousands December 31 except per share amounts 1994 December 31 1994 Assets Interest Income interest-Bearing Deposits 727,016 Interete on Loans *****5 Investment Securities Loan Fees
      834 words
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      Page 4 Advertisements Column 2
      254 4 m UNIVERSITY OF liverpool The University of Liverpool is one of Britain s largest centres of academic study, with a worldwide reputation for the quality of its teaching and research. The MP A Programme Objectives: To stimulate the intellectual development of students To provide a broad knowledge and understanding of
      254 words
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      162 5 Millenia TOWER FROM THE GROUND UP. YOU'LL FINDTHE FIVE STOREY HIGH 2S 11 a■■J f 5 5 jjfy glass lobby spectacu 2jj|«2!*""*"'""S SPECIALLY COMMISSIONED SO X 70 FT I tt *i 5 MURALS BY WORLD RENOWNED ARTIST ■«■!5!-*'"" j FRANK STELLA INSPIRING. •■•"f i'*|" OFFICE SPACE WOULD BE llfi!!!?"''-- B
      162 words
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  • ASIA
    • Article
      Japan GDP up marginal 0.1% in Jan-March
      438 6  -  Renewed weakening sparks calls for govt action, cabinet meeting today From Anthony Rowley in TOKYO OFFICIAL economic data released yesterday confirmed the renewed weakness in Japan's economy, prompting calls for rapid government action and a promise by Prime Minister Tomiichi Murayama to convene
      438 words
    • Article
      Lock icon Tokyo promises EU better offer on reforming financial services sector
      283 6 FT PARIS Japan on Monday promised the European Union it would soon present an improved offer on liberalising its financial services sector, which the EU said it hoped would prompt the US into a reciprocal agreement. Leon Brittan, the EU's
      FT  -  283 words
    • Article, Illustration
      Lock icon Keating's deputy resigns in bid to stop polls slide
      417 6 Reuter CANBERRA The Australian Labor government moved to revive its sagging image yesterday as two opinion polls showed Prime Minister Paul Keating's republican push had not loosened the opposition's stranglehold on voter support. The party replaced the low-profile Deputy Prime Minister,
      Reuter  -  417 words
    • Article
      Lock icon Indian minister confident Enron project will clear hurdles
      277 6 Reuter SANTA CLARA US Commerce Secretary Ron Brown and Indian Commerce Minister P Chidambaram said on Monday that they believed a big power project in India would go ahead despite a review by an Indian state government. The new state government of
      Reuter  -  277 words
    • Article
      Lock icon Aussie imports surge to record levels
      118 6 AFP SYDNEY Australian financial markets slumped yesterday as the country posted a record monthly import figure in May that rekindled fears of a blowout in its overseas accounts. Merchandise imports climbed 4.8 per cent from the previous month to a record A 56.82 billion
      AFP  -  118 words
    • Article
      Lock icon Delhi lifts ban on radical Hindu group
      111 6 Reuter NEW DELHI India's government revoked yesterday its ban on the ultra-nationalist Vishwa Hindu Parishad (VHP) in force since the destruction of a mosque by Hindu fanatics in 1992, United News of India (UNI) reported. The news agency quoted K Ramamurthy, chairman of
      Reuter  -  111 words
    • Article
      Lock icon N Korean economy shrinks 1.7%
      92 6 AFP SEOUL North Korea's overall economy posted a negative 1.7 per cent growth in 1994, the fifth straight year of economic decline since 1994, South Korea's central bank said in a report released yesterday. The Bank of Korea (BOK), which has compiled North Korea's economic
      AFP  -  92 words
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      101 6 Japan's prospects for next year brighter, Pg 7 Ifs Over" Blhil 1 l I iVMJM 4mia4il2 I «l lVlll'i i^H HEfMr^B&WBMMIM^M^^ l iMM -to\*--*t&' %^^j§ JMB^^^b •••> B^ ::^^^m^^^B: I •9b pllfJl I v vclll§£ > A v *s <r £%t Despite the continued rhetoric from Beijing and its loyal
      101 words
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  • FOCUS
    • Article
      Lock icon Dragons fine but there are doubts over China
      395 7 OECD's half-vear outlook Reuter HONGKONG Economic activity in Asia's "dragons" should remain robust this year but a question mark over China's economy may also affect its neighbours, the Organisation for Economic Cooperation and Development (OECD) said. In its half-yearly outlook released in
      Reuter  -  395 words
    • Article
      Lock icon Slowing US economy expected to pick up in second half
      262 7 Reuter WASHINGTON The slowing US economy will temporarily turn stronger in the second half of this year, the OECD said yesterday. The Organisation for Economic Cooperation and Development said the economy would strengthen as the buildup in inventories that has
      Reuter  -  262 words
    • Article
      Lock icon West European economies growing at varying rates
      277 7 AFP PARIS The major economies of western Europe are continuing to grow, but at varying rates, with unemployment remaining high everywhere, according to projections published by the Organisation for Economic Cooperation and Development yesterday. Publishing its annual economic outlook report, it said that
      AFP  -  277 words
    • Article
      Lock icon Japan's prospects for next year brighter
      265 7 Reuter TOKYO Japan's economy will stay weak this year but perform better next year when domestic demand is expected to pick up, the Organisation for Economic Cooperation and Development said yesterday. The OECD, however, warned in its semiannual economic outlook that recent rapid appreciation
      Reuter  -  265 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      129 7 AUSTRALIAN HOTEL FOR SALE charbonnier, singleton The Charfoonmer is a modern, 70 room, international standard 3 star hoed situated in the Hunter \felley tourist and vineyard district, approximately 2 hours drive north of Sydney. 70 rooms, restaurant, bar, conference centre, pool, sauna, spa, tennis court plus separate freestanding manager's residence.
      129 words
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      Page 7 Advertisements Column 2
      67 7 < S J E^Sjip^v If you want to air freight goods up to 25kg door-to-door anywhere in Asia for $145, North America/Europe for $195 or anywhere else for $245, all you have to do is put them in a DHL Jumbo Box and phone DHL on 1800 285 8888. We'll
      67 words
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      287 8 Budweiser The All Naturally Brewed Beer, where to wine, dine and entertain J -Mmm. <U t/./W U 7H6 MOST AUTHENTIC ITflUflN PftSTfl PJZZfI IN TCXJUN HHr ed PASTA FRISa DA SAOfATOU PTI ITD^HF 77 Upper Eel Cent lad #01-01/025(1545) |WW| U24ISSM/MIM74 X A Set-isfying Lunch for Two For $38 Only
      287 words
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      Page 8 Advertisements Column 2
      323 8 yM•• m!L/ .1-. > > Will Send Your Heart Racing. Drop by tonight and watch our dynamic new band ACE OP HEARTS In action. From 7pm lam, 'Mondays to Thursdays; 7pra 2am, Fridays. Saturdays eve of public hoHdays. At the MISCHIEF. Karaoke with our DJ on Sundays MischcefV A <=3>
      323 words
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      Page 8 Advertisements Column 3
      355 8 Happy Hours J Now Are HaPP'erThan Ever.: Just $2.95 for a beer or standard drink from 6pm to 6.30pm Price rises by only 50<t half hourly till Bpm Free flow of draught beer at $15 per person 20% off standard lx>ttle purchases Ladies Night $6 nett for standard drinks (Mon
      355 words
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      Page 8 Advertisements Column 4
      268 8 rßj- rr== =^51 fancy (Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian %in Beijing dumplings, a selection \j of set menus, and 'Beijing specialities H/nYY^ such as Beijing Duckßailed Tench and Bh*®® Marinated Lamb, fancy some
      268 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Dashing Imran's biggest match
      465 9  -  Pakistani cricket idol and Jemima Goldsmith defy doubters by staging wedding of the season, writes Lyndsay Griffiths Lyndsay Griffiths Reuter Critics crow that it will never work but Pakistani cricket idol Imran Khan and British heiress Jemima Goldsmith have set out to prove them wrong by
      Reuter  -  465 words
    • Article, Illustration
      Lock icon Gump fizzles out in China — thanks to a difference in tastes, poor marketing
      201 9 Gump fizzles out in China thanks to a difference in tastes, poor marketing AP FORREST GUMP may have dominated the Oscars but it's failing to win over the Chinese. Theatre managers in Beijing and Shanghai say the Academy Award-winning movie is playing to houses nearly twothirds empty, China's official media
      AP  -  201 words
    • Article, Illustration
      In Hollywood, even eating's a big performance
      1200 11  -  What do movie-makers do when they want to munch in style? Fionnuala Halligan takes a look at people who cater to the food fancies of the famous Fionnuala Halligan The writer is a freelance journalist who contributed this article to Business Times SO,
      1,200 words
    • Article, Illustration
      Lock icon Asian fashion design making w(e)aves in New York
      422 11 Growing interest in Asian trade, culture a main factor NYT FOR at least 20 years, Asians have provided some of the glue that holds fashion together, with nimble hands that sew in factories in the United States, Hongkong and China. Now, they
      NYT  -  422 words
    • Article, Illustration
      Lock icon Star Liz Taylor undergoes second hip op
      380 11 AP AP AP ACTRESS Elizabeth Taylor underwent hip replacement surgery on Monday for the second time in IS months. Miss Taylor, 63, injured her right hip while doing aerobics in her Bel Air pool. Last year, she had her left hip replaced because
      AP  -  380 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      235 9 WHERE TO WINE, DINE AND ENTERTAIN (Eatrnljtll JSteak pfmise Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1150+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel- 737 4564,734 4956 Fax: 736 1922 fffb We offer a variety
      235 words
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      Page 9 Advertisements Column 2
      95 9 shabushabu S*,' ■W— 'Eat-All-You-Can' is 6ac£ a/ Genki Sushi x Genki Sushi brings back 'Eat-All-You-Can' Shabu Shabu from 1 May 1995. Savour our best quality Shabu Shabu items from the conveyor belt while you remain comfortably seated. Priced at 9®** or lunch and dinner, Mondays to Thursdays. This is a
      95 words
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      Page 9 Advertisements Column 3
      19 9 To crack the safe or enter Mrs Wizard's crystal ball, call on 1900-911-0003, *4r at 30 cents a minute.
      19 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1135 9 1 TV A RADIO I When The Lights Go Out, 9pm, ch 12 Documentary about the cockroach. combines footage with animation and graphics to >.-' -*T give us a history of the bug. Survival: Great Owl of the Mow tains, 9.30pm, Ch 12 Wmwßk 4fl The Great is North A
      1,135 words
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      347 10 perfect The clown fish and sea anemone have a We build relationships that leave among real customers. The latest of our partnership that has stood the test of time. partners satisfied and free to move quickly achievements is securing Singapore's first Mutual trust and respect is the basis for and
      347 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      312 11 IN THE MATTER OP THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OP WSKNI INVESTMENT PT* LTD (Incorporated to the Republic of Singapore) Notice to hereby gives that the creditor* of the aboveaataedCoapaay. wtochiefc.ngwood.pvoWily.are reqeired a* or before 13th day of My 1993 lo Mad ia their ium aad
      312 words
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      Page 11 Advertisements Column 2
      208 11 Finally, a restaurant that brings business people many happy hour,). ©The first ever to combine the finest food, cocktail 9pm 12am. So now you earning and karaoke entertainment, our new Chocho s well-loved classic and contemporary songs restaurant goes great lengths to meet your business and enjoy 70 over exciting
      208 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      199 12 A your profits take off Juk _jjF B« Bf A &f r> «k 9&gSp£t m 1 A %ir ft* fly I j& j^lafl^^^Egpi 111 Jv 1 'j An absolutely prime location. A sense of history. State-of-the-art newness. J&t Streetlife. Daylife. Nightlife. Convenience. j£ Choices. All around. All the time. This
      199 words
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  • SPORTS
    • Article
      Lock icon Pavin may end America's search for a No 1 golfer
      550 13 US Open review UPI SOUTHAMPTON, New York Now that Corey Pavin's career has been elevated above the average, he is positioned to take over a spot that has been vacant this year. American golf has needed a No 1 player
      UPI  -  550 words
    • Article, Illustration
      Lock icon A volcanic island named Lomu?
      601 13 Rugby World Cup AFP Reuter WELLINGTON Rampant All Black winger Jonah Lomu has been compared to a juggernaut or a runaway train. Now, he may be about to give his name to a volcano. New Zealand's Dominion newspaper said yesterday the Pacific kingdom of Tonga
      AFP; Reuter  -  601 words
    • Article
      Lock icon Springboks all set to confront Kiwis
      562 13 Reuter AP JOHANNESBURG South African coach Kitch Christie paid tribute to All Black phenomenon Jonah Lomu on Monday but said the Springboks had plans to deal with him in the final. "The guy's a great athlete and we must respect that," Christie said of
      Reuter; AP  -  562 words
    • Article, Illustration
      Lock icon Graf faces Hingis in major first-round test
      474 13 Wimbledon preview AP WIMBLEDON, England For the second consecutive year, the fate of the Wimbledon draw has handed Steffi Graf a major first-round test. The top seed and five-time champion was paired yesterday against 14-year-old Swiss sensation Martina Hingis, last year's Wimbledon junior
      AP  -  474 words
    • SPORT SHORTS
      • Article, Illustration
        Badminton
        121 13 SINGAPORE The 1995 World Grand Prix Finals will be held at the Singapore Indoor Stadium from Nov 29 to Dec 3, International Badminton Federation executive director David Shaw announced yesterday. In a system similar to the ATP Tour of tennis, the WGPB Circuit links 21 Open Championships throughout the
        121 words
      • Article, Illustration
        Lock icon Cricket
        140 13 AFP CHESTER-LE-STREET, England The West Indies were reduced to four fit pace bowlers ahead of tomorrow's second Test against England and were robbed by the weather of the chance of an exciting victory chase against Durham here on Monday. The target at the end of their three-day match was
        AFP  -  140 words
      • Article, Illustration
        Lock icon Golf
        194 13 AP PALM BEACH GARDENS, Florida US Ryder Cup standings (top 10 get automatic berths in 12-man team that plays Europe September 22-24 at Oak Hill CC in New York): 1 Corey Pavin 1,014.167 pts 2 Tom Lehman 812.5 3 Davis Love 770 4 Phil Mickelson 639.864 5 Loren Roberts
        AP  -  194 words
      • Article, Illustration
        Lock icon Soccer
        151 13 AFP LLXEMBOLRG Belgian footballer Jean-Marc Bosman goes to the European Court of Justice here yesterday in a case that could upset the soccer transfer system. Bosman is claiming exorbitant transfer fees demanded by clubs and UEFA's (Union of European Football Associations) restrictions on foreign players undermine their freedom of
        AFP  -  151 words
      • Article, Illustration
        Lock icon Squash
        98 13 AFP LONDON World champion Jansher Khan was banned from playing in the British league for the rest of the year on Monday after being accused of not trying in a club match. The ban relates to Jansher's match in April against Scottish champion Peter Nicol when he was beaten
        AFP  -  98 words
      • Article, Illustration
        Tennis
        113 13 NOTTINGHAM, England Nottingham Open Ist rd on Monday: 5-MaliVai Washington (US) b Lionel Roux (Fra) 6-4 6-2; 6-Patrick Rafter (Aust) b Bryan Shelton (US) 6-7 (3-7) 6-1 6-2; 8-Marcelo Rios (Chi) b Cedric Pioline (Fra) 6-2 7-5. EASTBOURNE, England Women's grasscourt tournament Ist rd on Monday: Silvia Farina (ita)
        113 words
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      256 13 The Asia-Pacific is today's fastest industrialising region in the world ManufacturinaAsiaßE The Asian International Manufacturing and Industrial Technology Exhibition Incorporating: 21-25 November 1995 Sa/etyAsiaQS World Trade Centre Singapore The Asun International Industrial H" Health and Safety Eahibitjoti I REPLY ManU/aCtWVIffASaQK MacfmerooMsmgff J COUPON USS SSSStSSSZ*' I? 1 IrHenutlooaJ Machine Tool,
      256 words
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  • Article
    Pakistan's go-easy budget
    518 14 HIS is a year to breathe," said Pa- kistan Prime Minister Benazir I Bhutto, in defence of her govern- ment's budget unveiled last Wednesday for the financial year ending June 1996. It was her way of explaining why the government had refrained from going ahead with some
    518 words
  • Article
    Rescue fund is fine but...
    332 14 THE proposed emergency fund to ensure better health for the world economic and financial system which emerged from the annual summit of the Group of Seven countries seems a good idea. The International < Monetary Fund's kitty under the Agreement to Borrow would be doubled
    332 words
  • Article
    No immediate action
    112 14 THE international money markets have not responded well to a communique issued from the recently ended G-7 meeting. Little wonder. Rather than taking current issues head on, leaders of the leading industrialised nations prefer long-term strategies. Their commitments to review the international monetary system and the setting
    112 words
  • Article
    On rocky road
    171 14 PUT IT DOWN to political rivalry, conflicting cultures or just bad fengshui, but relations between Beijing and Washington seem somehow destined for trouble. As yet, they haven't reached snapping point despite acrimonious disputes over human rights, nuclear proliferation, Tibet, trade and copyright protection. But China warned yesterday
    171 words
  • Article
    Agreement on reactors a must
    124 14 IN TALKS with the US, North Korea has finally agreed to allow South Korean-designed nuclear reactors in its country. But it has already been more than two years since suspicions of a North Korean nuclear weapons development programme surfaced, and eight months since the October
    124 words
  • Article
    A mushroom cloud looms
    82 14 IN BREAKING the moratorium on nuclear testing, the president (Jacques Chirac) has stepped onto a dangerous road. He takes the enormous risk of relaunching the crazy nuclear arms race. How can countries be made to listen to reason? Today, France possesses enough nuclear bombs and missiles
    82 words
  • Article
    Know thy neighbour
    167 14 INDONESIA has the largest area and the greatest population in this region. In terms of history and geography, Indonesia and Malaysia share close ties with Singapore. Even though Indonesia is nearby, most youths here are not interested in it, preferring to find out more about the US
    167 words
  • Article, Illustration
    Lock icon Lee runs into closed door
    963 14  -  Taiwan's President hints that he wants to attend Apec meeting in Japan, but Tokyo is unlikely to invite him, says Satoshi Isaka Satoshi Isaka The Nikkei Weekly WITH the cheers of Cornell University alumni still ringing in his ears, Taiwan President Lee Teng-hui is already
    The Nikkei Weekly  -  963 words
  • Page 14 Advertisements
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      231 14 niiilLi' 'i i f />'if w- 'Jfeor-iifttf %&MiLM The Banyan Tree Phuke.lA sMchuiy/rff /i mmtmm U lush gardens, water marts f f wmamm4 appointed villas. Where Llao„£a/// J> i ar« perfected by ancient feaaVn, fcgßf I P^agg. ■■!'=^T 3 _ll techniques and European f I -aocccor jj-ooow uaoaaw 1 serenity
      231 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      69 14 lsx'S HOP£. BRistouo] GOOD MOCNnJG DGP*I?.... Tvt. mpi iaov I doesmt uPser Mefc J CjjP Of- ncxK BPfTr^v OJL-L \gGP»4-- Uop <;wpK<thi HOT > I "£i? e associate o anwtnu lto., immw 9461 DOONESBURY GARRY TRUDEAU sohovs tm&uT V3*l 9 UP. LAST CT-TL JUSTUXJKIN6fOtSOME- V W HEILOKAV, LAW. YCAR TM
      69 words
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  • Regional Analysis
    • Article, Illustration
      Copyright mars Hanoi's bid to join WTO
      1030 15  -  Special to BT The world trade body sees problems in admitting Vietnam. The main culprit is Hanoi's short-sighted intellectual property rights law HARISH MEHTA HARISH MEHTA The writer is BT's Indochina correspondent THE World Trade Organisation (WTO) has said it is considering Vietnam's
      1,030 words
    • Article, Illustration
      Lock icon Testing time for US in Asia
      707 15  -  ASIAN VIEW By Yang Razali Kassim The writer is BT's regional analysis editor THE United States has riled one Asian power, China, while moving to improve ties with another, Vietnam. It is unlikely that the Americans planned things to happen this way. But given
      Reuter  -  707 words
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      20 15 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003, *4 cepts x r I* minute.
      20 words
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      Page 15 Advertisements Column 2
      169 15 CHESSER 91 -97 GRENFELL STREET ADELAIDE r SOUTH AUSTRALIA M Phme CBO location ■93% of txicfng leased to Slate and Commonwealth GcMemments until 2006/2006 ■CP) and market rental reviews —~*"JW S&iMcant taobon acVartages r j I,' Modem offioe tower constructed in 1990 1 JR| Buidhg area of *****m 2 (appro*)
      169 words
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  • Article
    Lock icon US economy barely growing: Greenspan
    505 16 It may even be contracting in second quarter, says US Fed chairman Bloomberg Business News WASHINGTON The US economy is barely growing and may even be contracting during the April-June quarter, Federal Reserve Board chairman Alan Greenspan said yesterday. "If the economy is expanding, it
    Bloomberg Business News  -  505 words
  • Article, Illustration
    Lock icon Zhirinovsky makes the headlines again
    159 16 Reuter MOSCOW Russian farright leader Vladimir Zhirinovsky clawed his way back into the headlines yesterday, scuffling with a top talk show host and throwing orange juice into the face of a fellow guest dur- ing a live broadcast. Problems started during a debate on the
    Reuter  -  159 words
  • Article
    US denies backing out of Apec free trade plan
    345 16  -  By Yang Razali Kassim SINGAPORE The United States has dismissed a statement by the Apec secretariat in Singapore that Washington is backtracking on its support for free trade in the Asia Pacific by 2020. A US embassy spokesman told Business Times
    345 words
  • Article
    Lock icon EU airport workers protest
    90 16 Reuter LUXEMBOURG European Commission plans for opening airport services to more competition are a "step too far" in the European Union's deregulation push, airport workers said yesterday. Several hundred protesters from airports across the EU took their protests to the doors of an EU transport ministers'
    Reuter  -  90 words
  • Article
    Lock icon Shifting gears
    49 16 Reuter PARIS The French Navy and carmaker Citroen signed an agreement yesterday to help engineers and technicians leaving the Navy to find jobs at Citroen. Navy officials said they would seek similar accords with other companies to help ease the sometimes difficult transition to civilian life. Reuter
    Reuter  -  49 words
  • Article
    Lock icon Where's the general?
    77 16 AFP LAGOS Speculation rose over the fate of General Olesegun Obasanjo yesterday as authorities refused to disclose their plans for the former Nigerian head of state following his re-arrest a week ago. The independent daily AM News said a recent increase in security around the Lagos garrison
    AFP  -  77 words
  • Article, Illustration
    Lock icon Peter Townsend dies
    100 16 AFP LONDON Princess Margaret was saddened by the death of her former boyfriend, Peter Townsend, who died at 80 on Monday night at the suburban Paris farmhouse where he lived. A Buckingham Palace spokesman yesterday said: "Princess Margaret was sad to learn of this news", adding that
    AFP  -  100 words
  • Article
    Lock icon Italian industrial output
    54 16 AFP ROME Industrial output in Italy will rise at a 12-monthly rate of 6.3 per cent in June. The Confindustria employers' organisation yesterday forecast that output for the first six months of the year should show growth of 7.4 per cent from the figure for the same
    AFP  -  54 words
  • Article
    Lock icon Call for more EU job
    89 16 Reuter BRUSSELS A group of Europe's top companies asked European Union leaders yesterday to set five firm targets for boosting industrial competitiveness and creating jobs by the year 2000. In a report prepared for the EU summit next week in Cannes, the European Round Table
    Reuter  -  89 words
  • Article
    Lock icon Germany's exports forecast to grow by 5% despite strong mark
    231 16 Reuter BONN German exports should grow a healthy 5 per cent in 1995 despite the negative effect of the strong deutschemark, the German Federation of Chambers of Commerce (DIHT) said yesterday. "Exports pulled the German economy out of recession in
    Reuter  -  231 words
  • Article, Illustration
    US budget deficit is to blame for trade dispute with Japan
    844 16  -  The Bottom Line LEE BOON KENG LEE BOON KENG The writer is a lecturer at the Nanyang Business School, NTU WE'RE not going to blink: This was what United States Trade Representative Mickey Kantor had said about the June
    844 words
  • Article
    Lock icon Europe urged to clear debts ahead of single currency
    243 16 Bloomberg Business News FRANKFURT The European Monetary Institute yesterday called on European governments to pay off old debts and scale back new ones to prepare for a single currency. The EMI, which will become the central bank overseeing the single currency,
    Bloomberg Business News  -  243 words
  • Article
    Lock icon Russia moves to smooth impact of dollar fall
    119 16 Reuter MOSCOW The Russian Central Bank is pulling out all the stops to offset excessive US dollar sales and prevent the rouble from rising too rapidly, acting Central Bank governor Tatyana Paramonova said yesterday. "If we, the central bank, did not smooth
    Reuter  -  119 words
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      81 16 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games or* 1900-911-0003, at 30 cents a minute. w /?rmo//r Pavilion Christofle The Shopping Gallery, 102-11/12 Hilton International Singapore, 581 Orchard Road, Singapore 0923. Tel 733 7257. Espace Christofle: Robinsons 176 Orchard Road, Level 4, Centrepoint, Singapore 0923. Isetaß
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      Page 16 Advertisements Column 2
      65 16 For stories, quizzes songs, call Children's Funiand on 1900-910-0001 at 30 cents a minute. Prime Site For Redevelopment For Sale By Tender 2 Genting Lane A rare opportunity to acquire Prime Industrial Development X. S te n District 13 Land Area Approx. 16,4405f Tenure Freehold Plot Ratio 2.5 Tender Closing
      65 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        51 17 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings, Credit Lyonnais Securities, Daiwa, Fraser, G K Goh, Kay Hian, Morgan Grenfell, Ong Co, Nomura, Phillip, Smith New Court, WI Can and SG
        51 words
      • Article, Illustration
        HOT STOCK
        98 17  -  By Quak Hiang Whye MBF Capital picked up 11 cents yesterday in heavy turnover. Given the current slightly more bearish indicators high RSI and stochastics the stock is likely to consolidate and build up a base before rising again. The daily MACD has shown a weak buy signal
        98 words
    • Article, Illustration
      Talk of Dunlop M'sia as takeover vehicle sparks active share trading
      444 17  -  From Ho Kay Tat in KUALA LUMPUR TRADING in normally staid Dunlop Malaysia Industries Bhd (DMIB) came alive yesterday as talk circulated that its parent company, Sime Darby Bhd, will use the tyremaker to buy a 60.35 per cent
      444 words
    • Article
      Hitachi Zosen profit plunges 88% in the face of stiff competition
      344 17  -  By Alec Almazan SINGAPORE Battered by stiff competition, Hitachi Zosen Singapore Ltd suffered an 88.7 per cent slide in net profit and a 9.1 per cent decline in group turnover for the year ended March 31, 1995. "Stiff competition
      344 words
    • Article
      CDL Hotels may seek London listing
      231 17 SINGAPORE Hongkonglisted CDL Hotels International has confirmed that it may seek a separate listing on the London Stock Exchange probably within a year. Industry sources have been speculating that the international hotel arm of the Singapore Hong Leong group is likely to make such
      231 words
    • Article
      Parkway confirms bid for 2 medical groups
      384 17  -  By Abdul Hadhi SINGAPORE Confirming a Business Times report yesterday, Parkway Holdings has announced that it is negotiating to buy two local medical practices. In a statement yesterday, Parkway said that its subsidiary Gleneagles Hospital Ltd has been negotiating with Dr Paul Choo
      384 words
    • Article
      Great River's edge lies in retail network
      760 17  -  HOCK LOCK SIEW By William Chia SINGAPORE Listed Indonesian apparel distributor PT Great River Industries is rather unhappy that many investors still see it as a textile producer. Its marketing-oriented president director, Sunjoto Tanudjaja, is quick to point out that although the company
      760 words
    • Article
      Exxon man charged with taking bribes from Keppel Shipyard
      456 17  -  By Conrad Raj SINGAPORE An employee of the UK subsidiary of oil giant Exxon was charged last Friday in a British court with accepting £65,000 (*****,000) in bribes from Singapore's Keppel Shipyard. Cornelius Van der Horst, 54, who handled shiprepair contracts
      456 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Fu Yu ready trading starts today
          59 18 SINGAPORE The shares of plastic injection moulding maker Fu Yu Manufacturing will start trading on a "ready" basis earlier than stated in the company's May 29 prospectus. Standard Chartered Merchant Bank Asia said on Fu Yu's behalf yesterday that the shares would begin trading
          59 words
        • Article
          Informatics names audit panel member
          38 18 SINGAPORE Sesdaq-listed Informatics Holdings has appointed Seet Ai Mee to its audit committee with immediate effect. The other members of the committee are Frank Yung-Cheng Yung, Philip Tan Tee Yong and Wong Tai.
          38 words
        • Article
          HPL subsidiaries to be wound up
          46 18 SINGAPORE Two subsidiaries of Hotel Properties Ltd En Avant and Southway Properties will be voluntarily liquidated, having fulfilled their objective of developing and selling the Balmoral Park residential project. Hotel Properties said yesterday Lim Say Wan had been appointed liquidator.
          46 words
      • Article
        Untitled
        2022 18 MaMCM-t' prtcM Jun 21 Sh Greater China Fd 100 l.00(S ii Mendaki Gr Fund 1.02 1.05® Singapore unit Trust us Gr Fund 1.0s 1.09** The Commerce 1.59 l.68xd imib m y_i The Saving* Fund 1.53 1.62 ASS«t Nlgt Ltd S pore Prog Fund 0.62 0.66 Unifund 1.45 1.52 S'pore Sec
        2,022 words
      • Article, Illustration
        SIA hopes to raise annual dividend to 25%: Pillay
        477 18  -  By Conrad Raj SINGAPORE Singapore Airlines is so confident of the future that it hopes to raise its dividend to 25 per cent, from the 22.5 per cent it has paid for some years. Chairman J Y Pillay says in the
        477 words
      • Article
        Bimantara's public share offer set to be a roaring success
        486 18  -  By William Chia SINGAPORE Indonesian conglomerate PT Bimantara Citra's initial public offer of 200 million shares, which fixed its offer price at 1,250 rupiah per share last Friday, looks set to become a runaway success with the issue oversubscribed several
        486 words
      • Article
        Amcol denies Indon placement or share sell-out behind price rise
        245 18 SINGAPORE Amcol Holdings, in response to a Stock Exchange of Singapore query yesterday, has denied knowledge of any reason behind the surge in the counter's share price. Amcol shares have been actively traded for more than a week, rising from
        245 words
      • Article
        Lock icon Nikko Sec launches Malaysia fund
        240 18 MBT KUALA LUMPUR Nikko Securities of Japan has launched an open-ended medium to long-term fund for investing in Malaysian stocks, called the New Malaysia Fund. It will be managed by Lux-embourg-based Total Alpha Investment Fund Management Co SA, and advised by ArabMalaysian Merchant Bank Bhd
        MBT  -  240 words
      • Article
        Lock icon TH Loy in deal to sell its manufacturing business for M$7.4m
        256 18 Bernama KUALA LUMPUR TH Loy Industries (M) has entered into a conditional sale and purchase agreement for the proposed disposal of its entire manufacturing business to Pacific Hall for M 57.45 million (554.2 million) cash. Commerce International Merchant Bankers,
        Bernama  -  256 words
      • Article
        Lock icon CSA(M) aims to be first IT listing on KL main board
        250 18 MBT KUALA LUMPUR Computer Systems Advisers (M) Sdn Bhd hopes to become the first information technology company to be listed on the main board of the Kuala Lumpur Stock Exchange, within a year or so. Its senior manager, K
        MBT  -  250 words
      • Article
        Keppel's Philippine units expanded to cash in on demand
        363 18  -  From Al Labita in MANILA ONGOING expansion by the Keppel group's Philippine firms has placed them in a position to take advantage of the country's business opportunities, a company official said yesterday. In a report to stockholders, Keppel Philippines Holdings Inc
        363 words
      • Article
        Lock icon Many listed Chinese firms lie in financial statements: official
        233 19 Reuter SHANGHAI Many Chinese listed companies give false information in their financial statements, a senior securities official said. "A lot of enterprises provide false and incorrect statements in their financial reports," Zhang Jinghua, deputy head of the listing department of the
        Reuter  -  233 words
      • Article
        Lock icon Aussie anti-trust panel vetoes Goodman Fielder, Bunge merger
        333 19 Bloomberg Business News Reuter SYDNEY Australia's antitrust regulator has vetoed the proposed merger of Goodman Fielder Ltd and Bunge Australia Pty Ltd's milling and baking operations. But Goodman Fielder rejected the decision of the Trade Practices Commission (TPC). The commission earlier announcing
        Bloomberg Business News; Reuter  -  333 words
      • Article
        Lock icon Indian steelmaker Tisco to be restructured
        181 19 AFP BOMBAY India's largest private steelmaker, Tata Iron and Steel Co, said here on Monday it was refocussing its core business to face increasing domestic competition. "The need in today's highly competitive environment is to refocus on the company's main business the manufacture of
        AFP  -  181 words
      • Article
        Lock icon Ex-Barings man back on banking scene
        411 19 Christopher Heath's venture to prowl Americas but Asia will follow swiftly South China Morning Post HONGKONG The man who founded and took Baring Securities to the peak of success in investment banking in South-east Asia before Nick Lesson buried it is back in business.
        South China Morning Post  -  411 words
      • Article
        Lock icon Chief of Bombay bourse quits after panel's criticisms
        277 19 Reuter BOMBAY The executive director of the Bombay Stock Exchange (BSE) resigned on Monday after he was sharply criticised by an independent panel set up to probe into a major default by a broker, BSE president Kamal Kabra said. He said the
        Reuter  -  277 words
      • Article
        Lock icon Dong Yang founder transfers shares
        84 19 Reuter SEOUL The founder of Dong Yang Textile Industry Co has transferred some of his shareholding to two associate companies, a company official said yesterday. Oh Young Rok transferred 170,000 Dong Yang Textile shares to unlisted Dong Yang Development Co and Dawoo Co Ltd through
        Reuter  -  84 words
      • Article
        Lock icon Westfield's stake in Southgate complex
        98 19 Reuter SYDNEY Westfield Holdings Ltd said it has purchased a 10 per cent stake in the retail, office and car park components of the Victorian Transport Accident Commission's (TAC) Southgate complex in Melbourne for A 523.5 million (5523.7 million). Westfield, a property development, investment and
        Reuter  -  98 words
      • Article
        Lock icon Allied's new CEO
        53 19 Bloomberg Business News HONGKONG Allied Group Ltd, striving to strengthen its management following allegations of share rigging in 1993, has named Augustine Chow Pok Yu chief executive. Mr Chow replaces Brian O'Connor, who remains chairman of the Hong-kong-based property and investment group, Allied said in a statement.
        Bloomberg Business News  -  53 words
      • Article
        Lock icon US$5.4b deal will create 6th biggest bank in US
        486 20 LAT LOS ANGELES In America's biggest-ever bank merger, First Union Corp, based in Charlotte, North Carolina, agreed to buy First Fidelity Bancorp of Newark, New Jersey, in a US$5.4 billion (557.5 billion) stock deal that will create an East Coast giant
        LAT  -  486 words
      • Article
        Lock icon Norway's Sparebanken bows out of tussle to buy major mortgage lender
        317 20 Reuter OSLO Norwegian savings bank Sparebanken NOR gave up on Monday after a weeklong takeover battle with the country's second biggest commercial bank for major mortgage lender Norgeskreditt. Sparebanken, or Union Bank of Norway, said it would sell its
        Reuter  -  317 words
      • Article
        Lock icon New software program for fast global trading
        221 20 Bloomberg Business News LONDON A new software program is allowing investors to place orders for equities and options electronically around the world, providing almost instant execution and quicker settlement. Liberty Intertrade Direct, a subsidiary of Luxembourgbased Cedel Group, said it's the first company
        Bloomberg Business News  -  221 words
      • Article, Illustration
        Lock icon Massive protest
        76 20 Reuter THE HAGUE A Greenpeace activist standing by an 18m high photograph of Shell chairman Core Herkstroter and a 7m high replica of the oil rig Brent Spar in front of the Dutch headquarters of Shell here on Monday. Greenpeace and other environmental groups across Europe are protesting
        Reuter  -  76 words
      • Article
        Lock icon London financial watchdog to get sharper teeth
        225 20 FT LONDON Sweeping changes are planned at the Securities and Futures Authority, the main watchdog for big City of London firms, to root out and punish more swiftly wrongdoing by stockbrokers and investment banks. The changes, disclosed to staff in an internal memorandum
        FT  -  225 words
      • Article
        Lock icon British Steel pre-tax profit soars seven-fold to £578 m
        190 20 Bloomberg Business News LONDON British Steel pic said pre-tax profit rose more than seven-fold in fiscal 1995, as increased demand for steel allowed the company to raise prices. The world's fourth-largest steelmaker said profit before tax rose to £578 million (551.28
        Bloomberg Business News  -  190 words
      • Article
        Lock icon New bourse for smaller firms opens in London
        277 20 Bloomberg Business News LONDON The London Stock Exchange launched a new stock market for small companies with trading in 10 firms ranging from a property group to a pub operator. The exchange's Alternative Investment Market, known as AIM, is designed to raise
        Bloomberg Business News  -  277 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Goldman Sachs heading for one of its most profitable years
        491 21 Bloomberg Business News NEW YORK Goldman Sachs Group, recovering from last year's bond debacle, earned in the first half of this year what it made for the whole of last year, partners of the Arm said. The nation's biggest investment
        Bloomberg Business News  -  491 words
      • Article, Illustration
        Lock icon Competitive pressures force German banks to look abroad
        593 21 NYT FRANKFURT Few developments in the German banking world say more about the evolution of finance in that country than the news last week that Dresdner Bank AG was talking to the British merchant banking group Kleinwort Benson about a US$l.5 billion
        NYT  -  593 words
      • Article
        Simex chooses New York for first foreign office
        193 21  -  By Soh Tiang Keng SINGAPORE The Singapore International Monetary Exchange will open its first overseas office in New York in September. Offices in other major financial centres could follow, sources say. Simex said yesterday the New York office would coordinate the exchange's
        193 words
      • Article
        ANZ Bank wins Aussie award for effort in Asia
        142 21 SINGAPORE ANZ Bank has won the award for "Best Australian Service Activity in Asia" at the 1995 International Business Asia Awards in Sydney. In a statement yesterday, ANZ executive director Alister Maitland said the award was an endorsement of the bank's
        142 words
      • Article
        Lock icon HK's Emperor Group pays US$301,800 to settle US futures cases
        453 21 Bloomberg Business News WASHINGTON US futures regulators said a unit of the Hongkong conglomerate Emperor Group paid US$3Ol,BOO (*****,500) in restitution to settle two cases involving the sale of illegal futures contracts. The Commodity Futures Trading Commission (CFTC), in a
        Bloomberg Business News  -  453 words
      • Article
        Lock icon Manila Treasury notes oversubscribed
        51 21 AFP MANILA The auction of the Philippines' first five-year Fixed Rate Treasury Notes received an enthusiastic response with an oversubscription for the entire three-billion-peso (SSI6I million) block, the Central Bank said yesterday. These are the first government securities to have a maturity rate of five years.
        AFP  -  51 words
      • Article
        Lock icon Shanghai bank deposits top 100b yuan
        96 21 Reuter SHANGHAI Bank deposits by Shanghai residents have topped 100 billion yuan (5516.7 billion) for the first time, the Liberation Daily reported. The figure was reached at the end of last month, the newspaper said, without giving an actual figure. It was also the
        Reuter  -  96 words
      • Article
        Lock icon Wharf launches HK$1.5b FRN
        78 21 Reuter HONGKONG A HKSI.S billion (SS27O million) floating rate note (FRN) issue for Wharf (Holdings) has been officially launched, said arranger Standard Chartered Markets. The notes were issued at par to float at 80 basis points over the three-month Hongkong Interbank OfTered Rate. The notes have
        Reuter  -  78 words
      • Article
        Lock icon US delinquent consumer loans up
        68 21 Reuter WASHINGTON The delinquency rate for bank consumer instalment loans rose in the first quarter to 1.82 per cent from 1.72 per cent at the end of last year, the American Bankers Association said. It was the second consecutive quarter of increase after 10 quarters
        Reuter  -  68 words
      • Article
        Lock icon SCB Securities to underwrite Krung Thai Finance IPO
        112 21 Reuter BANGKOK Thailand's Krung Thai Finance and Securities has appointed SCB Securities to underwrite its 10-mil-lion-share initial public offering (IPO). Krung Thai Finance said that the IPO price and the subscription period for the new shares would be announced after it received
        Reuter  -  112 words
      • Article
        Rubber traders advise caution amid surge in China orders
        484 22  -  By Siow Li Sen SINGAPORE Rubber traders here are uncertain whether the present buying by China is supported by real demand or if the buyers might default should prices start to weaken. Experienced traders warn that just because some Chinese buyers
        484 words
      • Article
        M'sian mining firm in world's top 10: study
        422 22  -  From Neil Behrmann in LONDON A STUDY of the world's mining companies has placed Malaysia Mining Corporation (MMC) in the top 10. The Malaysian company is ninth in the latest edition of Who Owns Who in Mining, with 1.23 per cent of
        422 words
      • Article
        Lock icon Experts don't see gold rushing towards US$4OO level
        312 22 Reuter LUGANO The bullion community opened its annual get-together in Switzerland on Monday confident that gold's latest rally was underpinned but amid a reluctance to bet on an early, dramatic break upward. Participants in the Financial Times World Gold Conference said they
        Reuter  -  312 words
      • Article, Illustration
        Lock icon Crude falls to 3-month low on talk of Opec raising output
        595 22 Bloomberg Business News Reuter NEW YORK Crude oil prices tumbled to a threemonth low amid speculation that Opec will raise its oil output later this year to regain market share lost to non-Opec producers. On Monday members of the
        Bloomberg Business News; Reuter  -  595 words
      • Article
        Lock icon Prudential to pay US$725,000 fine in fraud case
        370 22 Bloomberg Business News WASHINGTON Prudential Securities Inc agreed to pay a U*****,000 (SSI million) fine to settle a complaint filed by government regulators alleging a former broker at the firm engaged in fraudulent trading. The Commodity Futures Trading Commission accused the New
        Bloomberg Business News  -  370 words
      • Article
        Lock icon Oil steady as Opec meeting ends with no surprises
        276 22 ENERGY REPORT Reuter LONDON World oil markets regained a little confidence as the Organisation of Petroleum Exporting Countries ended its ministerial conference with no surprises and prices recovered some of the 60 cents lost on Monday. Opec ended two days of
        Reuter  -  276 words
      • Article
        Lock icon LONDON
        185 22 Bloomberg Business News LONDON The dollar slipped against major currencies as weak US economic reports. such as yesterday's 1.3 per cent drop in May housing starts in the US, spurred speculation that the Federal Reserve will cut interest rates soon. Lower rates hurt the dollar by making bank deposits
        Bloomberg Business News  -  185 words
      • Article, Illustration
        Untitled
        1277 22 I index cakukued against S'pore's lop 14 trading partnen Base year 1955 US$/S$ forward rates Noon /Jun 20 s$ Bid Oder 1-month 1.3901 1.3910 2-month 1.3849 1.3858 3-month ***** 1.3809 6-month ***** 1.3680 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9a« m inn 20 Singapore dollars to one unit
        1,277 words
      • Article
        Lock icon NEW YORK
        89 22 AFP NEW YORK The dollar moved slightly lower against other major currencies except the yen yesterday in slack trading without new economic data to set a trend. At 1420 GMT, the dollar was trading at 1.3933 marks from 1.3955 late Monday and 84.60 yen unchanged from late Monday.
        AFP  -  89 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen firms, Eurodollars end weaker
        1399 23 9HVKA nErllVfl.^'' Reuter SINGAPORE Simex Euroyen futures were firmer at the close while Eurodollars were a shade weaker in moderate trade. Dealers said Euroyen futures picked up after Japan posted a lower than expected annualised gross domestic product rate of 0.3 per cent. "We saw
        Reuter  -  1,399 words
      • Article
        Palm oil soars as Chicago ends limit up
        673 23 COMMODITY REPORTS Palm Oil CRUDE palm oil futures on the KLCE ended sharply higher yesterday following the limit up close on the overnight Chicago Board of Trade. In anticipation of bad weather in soybean-growing areas which could affected the world's soyoil supply
        673 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Myanmar-Thai gas pipeline on schedule
          72 23 BANGKOK Unocal Corp said yesterday a pipeline to transport natural gas from Myanmar to Thailand will be completed on time for a July 1998 start-up. Construction will start in late 1996 or early 1997, said Carol Scott, the firm's director of corporate communications for Asia.
          72 words
        • Article
          Strong yen lifting aluminium imports
          109 23 TOKYO Japan's surging imports of aluminium alloy are seen here as a sign of the buying power of the yen, not improving industrial activity. Japan imported 268,846 tonnes of aluminium alloy in Jan-Apr 1995, compared with 185,267 tonnes in the same period a year ago,
          109 words
        • Article
          Thailand sells rice to Philippines
          89 23 BANGKOK The Philippines has agreed to buy 100,000 tonnes of 35 per cent grade rice from Thailand for late June shipment, a commerce ministry official said yesterday. The purchase will be on cash basis and the agreement was expected to be signed either later yesterday
          89 words
        • Article
          S Korea buys soybeans from Brazil
          49 23 SEOUL Korea Feed Association of South Korea yesterday purchased 30,000 tonnes of Brazilian high protein soybean meal, traders said. Nidera sold the meal at U*****.29 (SS3O2) per tonne c&f, with a two-port premium of US$l.5O per tonne. Shipping dates are Aug 22-Sep 10.
          49 words
    • Article
      COMMODITY PRICES
      1376 23 SICOM Futures (fatara* dasteg as at 5.3tpa0 IBS 1 Caatraet (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jd 213.00 213.00 213.50 100 400 Aug 213.00 209.00 212.00 673 4525 Sep 210.50 2500 Oct/Dec 207.50 204.50 205.00 300 6225 Jan/Mar 96 208.25 204.00 204.00 1275
      1,376 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        936 24 -3.3 SHARES closed lower yesterday as major industrial stocks weighed on a lacklustre bourse despite a strong commoditybased sector. "It is remarkable by its lack of action after the strength we saw overseas, 1 find it somewhat surprising if not unsettling," said a dealer. The All Ordinaries Index fell
        936 words
      • Article
        Manila
        645 24 +26.86 Stocks rose in reaction to the record close on Wall Street. "The Dow reached record territory. Because of our close links there, the market reacted positively," said a broker. The PSE Composite Index gained 26.86 points to close at 2810.61. Turnover was to 1.8 billion shares valued at
        645 words
      • Article
        Seoul
        449 24 -1.98 Share prices turned bearish at the close as consolidation selling eroded earty gains. "Investors are remaining on the sidelines mainly due to the uncertainty of the June 27 elections. The market would be able to enter a new round, either positive or negative, after the elections," said a
        449 words
      • Article
        Bombay
        76 24 +6.13 Shares finished almost unchanged in a dull session. Brokers said volumes were light and activity was concentrated in select shares like National Organic Chemicals Ltd and the State Bank of India. The BSE 30-share Index closed 6.13 points higher at 3,379.86. The National Index ended 11.01 lower at
        76 words
      • Article
        New Zealand
        321 24 -10.82 Shares closed lower despite a 43-point gain on Wall Street. The NZSE-40 Capital Index fell 10.82 points to 2,035.83 on volume of NZ$66 million. Brieriey held firm, closing one cent stronger at NZ$l.l3 while Carter Holt Harvey gained two to NZ53.67. Brokers said sentiment in Brieriey has
        321 words
      • Article
        Taipei
        477 24 +67.16 Share prices closed 1.3 per cent higher on booming exports and the authorities' liberalisation of foreign investment, with textiles enjoying the largest jump. "A record high in May export orders and the easing of limits on foreign investment encouraged investors to buy lowcost shares," said a trader. The
        477 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        661 24 Britannia Funds HiMt Cask BU Ofc Mia Cap Deport *****0 U 6500 Mm Jcncy G* OII93 0 1 *92 Mai Mil Income *0.9100 *0 9500 USS Ca%k Income Plus Fund *****0 *****0 PS S Rom Fund 5 5000 J.SIOO S?KsK2_ A4W 0493» Far Lam Fwmt *2.7650 ***** Mm Portfolio *****
        661 words
      • Article
        London
        664 24 -4.1 UK SHARES closed mixed as the effects of Monday's record-high close in US stocks were balanced by caution over the timing of a US interest rate cut. The FT-SE 100 Index closed down 4.1 points at 3,377.2, after having risen as high as 3,397.7. Zeneca Group, Cable Wireless,
        664 words
      • Article
        Paris
        132 24 -22.31 French stocks fell 1.2 per cent amid concern that government efforts to fund a proposed job-creation program could damage corporate profits. The CAC 40 index fell 22.31 points to 1,896.12, led lower by Alcatel Alsthom and Renault. "Talk of corporate tax hikes really spooked the market," said a
        132 words
      • Article
        Frankfurt
        190 24 -3.68 German stocks fell as a weaker dollar undermined currency-sensitive export shares. The DAX Index closed the day at 2,140.36, down 3.68 points. Chemicals led the fall. "Chemicals are the first to react to a decline in the dollar,*' said a trader. "It's a mental association. Lower dollar, lower
        190 words
      • Article
        Brussels
        188 24 +6.84 Belgian shares closed higher as low bond yields tempted investors back into the market in force, dealers said. Bullish chart signals and upcoming dividend payments also fed the market's rise, but some dealers thought shares were getting overbought. The Bel-20 Index closed up 6.84 points to 1,440.29. The
        188 words
      • Article
        Amsterdam
        284 24 +0.82 Dutch stocks rose for a second day as bond yields continued to fall and steel maker Hoogovens repeated Monday's rally by rising another 3.3 per cent. The EOE Index gained 0.82 point to 434.26. Among the 25 index stocks, 13 rose, nine fell. Turnover was 13.6 million shares.
        284 words
      • Article
        Milan
        181 24 +38 Shares edged higher overall but the market remains cautious ahead of today's official inflation forecasts for June. Traders say a figure below 6 per cent is probably already in prices but six or above would hit the market. Analysts are forecasting prices rose 5.7-5.8 per cent year-on-year in
        181 words
      • Article
        Stockholm
        124 24 +4.38 Shares closed up slightly after an optimistic morning in a session regarded as lively as Sweden enters its slacker summer period. The OMX Index added 4.38 points to 1,595.30. However, the top 16 blue-chip shares sagged 0.23 per cent, mainly due to a slide in Ericsson. Ericsson fell
        124 words
      • Article
        Zurich
        225 24 +2.6 Swiss shares ended little changed in quiet trading on moderate volumes. Shares yielded most of the gains won at the start of the session, dealers said. The market was also influenced by a softer dollar and volatile bond futures. The blue chip SMI Index B'ned 2.6 points to
        225 words
      • Article
        Johannesburg
        349 24 +37.8 South African shares took advantage of improved fundamentals and brighter sentiment to end well up in mostly quiet trade. Dealers said prices had extended steady morning gains by the close, with the announcement of plans to merge Gencor and Lonrho's platinum interests livening up the afternoon session. "The
        349 words
      • Article
        Toronto
        230 24 -1.35 Stocks opened modestly lower in very thin dealings amid expected profit-taking after Monday's late rally. The TSE 300 Index was down 1.35 points at 4,560.70. Dealers said base metals and transportation stocks were doing well, but the rest of the market was a mixed bag. They said players
        230 words
      • Article
        New York
        756 24 -6.23 Stock prices recouped some of their initial losses as the market tried to ward ofT bouts of profit taking after Monday's rally. The Dow Jones Industrial Average, which surged 42.89 points to a new record high 4,553.68 Monday, was down 6.23 to 4,547.45 at Mam EDT. The
        756 words
    • Article, Illustration
      Lock icon HONGKONG
      2691 25 Bloomberg Business News HONGKONG Stocks were mixed as concern that corporate earnings growth will slow undermined optimism that interest rates will fall. The Hang Seng Index rose as much as one per cent within the first 30 minutes of trading and then slid steadily through the day. The index,
      Bloomberg Business News; Source: Bridge Info  -  2,691 words
    • Article, Illustration
      Lock icon CHINA
      549 25 CLSA IN Hongkong, the H share index lost 4.37 points at 1,162.2S on turnover of HKS44 million. Yizheng, which was the most active counter, accounted for 36 per cent of total turnover. In Shanghai, the B Index fell 1.96 points to 631.74. Auto Instrument saw two million shares changing
      CLSA  -  549 words
    • Article, Illustration
      Lock icon TOKYO
      2511 25 Bloomberg Business News TOKYO Stocks fell for a seventh time in nine days amid concern that trade squabbles with the US and the stubborn strength of the yen will derail Japan's economic recovery. "The state of the economy is everyone's biggest concern," said a trader. A strong yen hurts
      Bloomberg Business News  -  2,511 words
    • Article, Illustration
      Lock icon BANGKOK
      1541 25 Reuter BANGKOK Shares closed with pared gains in moderate trading, following a midday surge after overseas markets firmed. The SET Index closed 14.11 points up at 1,397.27, A total of 104 million shares worth 8.66 billion baht changed hands. Gainers led losers 159 to 136. "The Dow Jones closed
      Reuter; Source: Bridge Info  -  1,541 words
    • Article, Illustration
      Lock icon JAKARTA
      1165 25 Reuter JAKARTA Shares ended higher in thin trade due to a lack of fresh incentives, with late buying seen lending support to the weak market, brokers said. The Composite Index rose 2.55 points to close at 487.95. "Late buying was noted in some property-related stocks which supported an otherwise
      Reuter  -  1,165 words
    • Article
      CLOB INTERNATIONAL
      2311 26 Gr Gr HW Laal Val Day Laal Ornate Dfr* OH YM Net M Ctm High Lao Cim| j S* mi) Hfck iam Bayrr SHkr O. P/E tail MALAYSIAN STOCKS fl? '5. AISBJOc 392 +1 475 J<M<MJ92J<M JO -19 0.2 4020 77.5 m AMDS 50c 97.5 JI.S 194 97.S
      2,311 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Investors hold back as they await Anwar's speech
        6692 26 Bloomberg Business News KUALA LUMPUR Stocks were little changed as investors hesitated to make major bets before a speech by Malaysia's finance minister tomorrow. Dealers expect Finance Minister Anwar Ibrahim will announce measures to open the nation's capital markets, and foreign fund
        Bloomberg Business News; Source: Bridge Info  -  6,692 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8395 27 Cr Cr M Wt l 1 Laal V«l Day LaatQwto M> Dh VH No Can Avg High Lo Company Salt COM) Hick U» B.,er Viler O P/l Sail Price INDUSTRIAL AND COMMERCIAL 488 3*2 ml Acma 30c 458 cii +4 13* 460 454 456 4*0 22.) 5.8 2.J 96 631.4
        8,395 words
      • Article, Illustration
        Lock icon Local shares slide while Clob counters soar
        1799 28  -  By R Sivanithy SINGAPORE Malaysian second liners sprang into life yesterday, supposedly because of market-related incentives about to be announced tomorrow, but more likely the efforts of syndicates who set the rumour mill running at full steam. Activity in counters listed on Clob
        Charts by Bridge Info; Source: Bloomberg  -  1,799 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      305 17 NEWS VALUE Cash-flush S pore banks turning away big depositors (pg 1) Banks may not be able to put off lowering prime rates further for long. Malaysia gives go-ahead for second foreign fund management firm (pg 1) Suggests that the package to be announced by Anwar tomorrow is likely to
      305 words
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      166 18 •M b <4* Introducing the world's finest Italian chefs From June 23 to July 2, DOMVS Restaurant, at the Sheraton Towers, is putting its kitchen at the disposal of one of Italy's most talented young chefs. Chef Alessandro Schlesinger, the executive chef of the renowned La Stalla Restaurant. will present
      166 words
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      424 19 Cut office queues with the affordable new HP LaserJet 5P for small workgroups. ■1 W Hh can the 9 laser printing that's normally I mbm M| Wray only bigger groups large IM Resolution Enhancement technology (REt), microfine toner and 110 scalable ciSd' nten( to uy an **P LaserJet 5P or
      424 words
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      Page 19 Advertisements Column 2
      64 19 Investment Opportunity SENIOR CITIZENS VILLAGE SYDNEY AUSTRALIA 130 DWELLINGS DA APPROVED POTENTIAL 100% TAX DEDUCTABIUTY g FOR LAND AND ACQUISITION COST Tenders Close 29 June 4pm g Contact Jim Williams or David Ling, 45 46th Floors, Shell Tower, 50 Raffles Place, j§ Singapore 0104. 2 Ph: (65) 220 3888 Fax:
      64 words
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      466 20 MEET NEW CORPORATE CHALLENGE WITH ORGANISATIONAL CHANGE AND DEVELOPMENT Role of Managers and Change Strategies for Vision 2020 41 Globalisation 21-22 August 1995 Hilton Singapore f Conducted by DR PETER SHEPHARD Advisor for Centre of Research, Education Development of Organization (CREDO), Kuala Lumpur < KEY TOPICS: i i The Nature
      466 words
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      Page 20 Advertisements Column 2
      268 20 If this is your headache This is your painkiller Lets look at the accounts of the average company. No mistakes. No more month-end hassles with p- Or, more accurately, the chaotic mess that passes off creating reports for costing, finance, bank can us at 278 0097 or fax 276 958
      268 words
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      Page 21 Advertisements Column 1
      253 21 JUk TWO ADJOINING jMjfc If 1 CE^ RES Sefton Plaza Regency Plaza $A 16.6 m $A 5.4 m MAJOR DISTRICT SHOPPING PRECINCT 6 KM NORTH OF ADELAIDE CBD District Shopping Centre Target Neighbourhood Shopping Centre Foodland and 35 shops Coles, NAB, Tavern and 15 shops Tenders close Thursday 13th July
      253 words
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      Page 21 Advertisements Column 2
      20 21 To crack the safe or enter Mrs Wizard's i crystal Mil, call Tele-Games oa 1900-911-000^ at 30 cents a minute.
      20 words
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      Page 21 Advertisements Column 3
      143 21 H* announcement appeals as a matter of recocd only Takefuji Corporation U*****,000,000 Transferable Loan Certificate Facility Arrangers Lead Managers Banco Central Hispanoamericano S. A., Tokyo Branch Bangkok Bank of Commerce Public Company Limited L.F.C. Far East Ltd London Forfaiting Company PLC SEOULBANK Shinhan Finance Limited Korea Merchant Banking Corporation Expanded
      143 words
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      Page 22 Advertisements Column 1
      49 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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      Page 23 Advertisements Column 1
      249 23 With a worldwide team of 125 multi-disciplined B 9 professionals and a network of international offices, B 9 OCRA provides confidential and cost effective company K I formation in all the major low tax areas including: K 9 •BRITISH VIRGIN ISLANDS -CAYMAN ISLAND B B 'IRELAND •MAURITIUS JERSEY B I
      249 words
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      Page 23 Advertisements Column 2
      20 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words
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      Page 25 Advertisements Column 1
      60 25 SCRIBE ■Ik, HAND-MADE BY BALLY limited series of hand-made welted shoes uses fine French Calf leather and traditional craftsmanship wor k processes on special lasts give j a shoe of exceptional comfort and life expectancy with beech wood shoe trees £7 12-month warranty J complete overhaul within 3 years of
      60 words
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      Page 27 Advertisements Column 1
      63 27 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At C itibank, you can prosper through a wide range of investments. Local and Foreign Currency Time Deposits. Unfixed Time Deposits. Foreign Currencies, Unit Trusts and more. Just call our 24-Hour CitiPhone Banking toll-free on (1S()()) 225-5225 for your share
      63 words
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      1148 28 ,%"<@?.:*^-$+<["&|)\!'>-;&>>/'' OFFICIAL NOTICE We, LINK-HIGHWAY SHIPPING PTE LTD of 15 McCallum Street, *09-01 Natwest Centre, Singapore 0106 hereby give notice that in consequence of our intended purchase, we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179), in respect of the
      1,148 words
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      Page 28 Advertisements Column 2
      481 28 Singapore Closing Share Prfcos 20/06/1995 clom rem um mom tfUl* US$ UM Wt UM J—W ra 7.#0 7.M 7.M "BMI jr*?**""" M« U4 »4I Ml kWJ 0*»P«n» 0.90 O.M OM 0.»1» BSaSjSB Himfcom um ia ta i.«s i.m tMSm OMMtartn OftonM 1.13 I.l* 1.19 1.14 J—M—tin Warrant* 0.4*8 0.4 M
      481 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      518 29 Knight-Ridder Reuter THE dry cargo freight market made a patchy start to the week with no obvious general trend. The Baltic Freight Index (BFI) was almost unchanged, up just one point to 1,998 after a two-day rise last week. Caper activity continued to be subdued and there is
      Knight-Ridder; Reuter  -  518 words
    • Article
      MARITIME STOCKS
      322 29 SES WO Jun 20 S$ Vol CWT Distribution 1.57 -0.02 26 CWT Distribution A 1.51 Chuan Hup Holdings 1.12 -0.02 172 Cosco Investment 1.81 +0.06 57 Cosco Investment A 1.79 0.08 58 Far East Levingston 6.50 +0.10 362 GB Holdings Ltd 0.795 Hai Sun Hup Group 0.835 +0.03
      322 words
    • Article
      German and Korean carriers plan to launch alliance
      461 29  -  By Rahita Elias SINGAPORE Yet another global shipping alliance has been forged. This time it involves Germany's DSR-Sena-tor Lines and Korea's two leading carriers Hanjin and Choyang. According to a statement issued at the weekend, the tripartite alliance will be launched in
      461 words
    • Article, Illustration
      Lock icon Liner sent for passengers of crippled cruise ship
      265 29 Reuter AP MIAMI In the latest of a series of maritime mishaps in the past 18 months that have shaken vacationers' confidence in cruise ships, Carnival Cruise Lines sent out an ocean liner on Monday to bring ashore 2,560 people adrift on
      Reuter; AP  -  265 words
    • Article
      Lock icon Indian shipping set to achieve tonnage target
      446 29 Business Line BOMBAY The Indian shipping sector is poised to achieve the tonnage target of the Eighth Plan for the first time in years, despite fears by a section of the industry. Against the Eighth Plan's target of seven million grt (gross registered
      Business Line  -  446 words
    • Article
      Lock icon Phnom Penh port boosts handling capacity
      97 29 Reuter PHNOM PENH The city's port will boost its cargo-han-dling capacity following the handing over on Monday of Japanese cranes and forklifts. "After rehabilitation due to be completed by the end of 1996, Phnom Penh Port will be able to serve larger vessels and
      Reuter  -  97 words
    • Article
      Anera to raise currency, fuel surcharges from next month
      301 29  -  By Alec Almazan SINGAPORE Member shipping lines of the Asia North America Eastbound Rate Agreement (Anera) plan to increase both the currency surcharges for Singapore cargo as well as fuel surcharges for all shipments beginning from July 1. Effective that date,
      301 words
    • Article
      Lock icon Call to end delays at Penang port
      138 29 Bernama PENANG Representatives of the Penang Freight Forwarders Association have urged Penang Port Sdn Bhd (PPSB), which manages the port, to overcome the cargo transfer problem at Butterworth Wharf. The association's secretary Krishnan Chelliah said delays in transferring cargo at the wharf have
      Bernama  -  138 words
    • Article
      Lock icon EU ministers agree to tighten ro-ro ferry safety rules
      250 29 Reuter LUXEMBOURG European Union transport ministers meeting on Monday have agreed on rules to tighten up safety procedures for roll-on roll-ofT passenger ferries operating out of EU ports, a European Commission official said. The ministers unanimously agreed on the new norms
      Reuter  -  250 words
    • Article
      Lock icon Japan foreign shipbuilding orders plunged 67% in May
      122 29 Reuter TOKYO Overseas shipbuilding orders at Japanese shipyards in May tumbled 66.8 per cent from a year earlier to 547,060 gross registered tonnes (grt), the Japan Ship Exporters' Association said yesterday. "Ship orders of around 500,000 grt a month isn't so bad,"
      Reuter  -  122 words
    • Article, Illustration
      Lock icon How not to be foolish about fuels
      922 30 Bunkering poses problems in assessing quality and quantity, but it needs to be tackled intelligently because it makes up 60 per cent of the operating costs Fairplay Bunkers are 60 per cent of the operating costs of a vessel, yet buying them is
      Fairplay  -  922 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      516 30 Page ABC Con! 16 •ANL 3 •APL 12 Able 7 Accord 8 •Ahlers 6 •Ahrenkiel 4 Antaco 13 •Appenship 4 Arowana IS Astro 8 Austral 9 Avant 6 B'tang Mas 12 BSA 9 BTL 16 Bangladesh 12 Batamindo 7 Bengal Br 15 •Blue
      516 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      9332 38 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore fdllowed by the ETA at the destination. The page number refers to the location of the schedule advertisement. P*.. 1 *M«P iron* Adwrtlaar VMM) Vayaga Pg ■"■■■WSMBJSBMNMBM™MMLhmmJL A
      9,332 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        518 47 *1 Hi B»th Arrfral D«parturt Jurong Port Art* Filter 23SA 13 alongsrie 2106/2300 at3nl 8aha a *****5 J1 alongside 2106/2300 "J"** A alongside 2106/2300 04 02/95 J4/5 alongside 21.06/0300 l *y un alongside 21.06/1500 6/95 J3 alongside 21.06/0600 J1 alongsrte 2106/1300 02 J17/18 alongside 2106/0300 11(40 100/95
        518 words
      • Article
        CONTAINER SCHEDULES
        1431 47 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO BMkta|/Bjl»c« R$*j Voy N» Ett/ttr frried Fmn T» Fru Ac* lade 2438 23/1100 IB 20/1500 20/1659 20/1900 3 21/0700 21/1159 21/1400 4 21/1200 21/1459 21/1700 to Rose 067B 23/2359 3 21/0700 21/1159 21/1400 4 21/1200 21/1459 21/1700 Aft Victory 0062A
        1,431 words
      • Article
        COCKETT BUNKER MARKET REPORT
        1012 47 THIS report compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        1,012 words
    • Air & Land Transport News
      • Article
        Work on upgrading Hanoi airport set to start soon
        417 48  -  From Tran Dinh Thanh Lam in HO CHI MINH CITY WORK on the U5549.7 million (Ss69 million) passenger terminal project at Hanoi's Noi Bai International Airport is scheduled to begin soon. The project has finally been approved by Prime Minister Vo
        417 words
      • Article
        Lock icon Japan team, Boeing near accord on YSX plane
        336 48 Reuter AFP TOKYO Japan's aircraft development team and Boeing Co aim to exchange a memorandum of understanding on the development of the nextgeneration YSX 100-seat passenger plane by the end of June, a Japanese government official said. "We are now working together,
        Reuter; AFP  -  336 words
      • Article, Illustration
        S'pore, Brunei and HK first to get new Corolla
        176 48 SINGAPORE Toyota Motor Corp launched the eighth generation Toyota Corolla (above) early this month in Japan before journalists from Singapore, Brunei and Hongkong. These countries will be the first in the world to receive the latest version of TMCs most successful
        176 words
      • Article
        Lock icon US court dismisses suit against American Airlines over frequent-flier plan
        315 48 Bloomberg Business News DALLAS A state district judge has dismissed a lawsuit against American Airlines over changes in the terms of its frequent-flier programme. The decision is the first since the US Supreme Court ruled that members of airlines' frequent-flier
        Bloomberg Business News  -  315 words
      • Article
        Lock icon M'sian automotive sector to hold first overseas show in Manila
        293 48 Bernama KUALA LUMPUR Malaysia's first overseas exhibition of its automotive industry will be held in Manila from July 3 to 9. The Malaysian Automotive Industry Exhibition (MAX '95) will be staged at the Philippines International Convention Centre, said Ministry of
        Bernama  -  293 words
      • Article
        Lock icon Jakarta's US$1.5b MRT system to be investment model
        404 48 Reuter JAKARTA Indonesia's plan to build a US$l.5 billion (Ss2 billion) Mass Rapid Transit (MRT) system in Jakarta will become a pilot project for similar transport investments in the future, a government official said here on Monday. "The implementation of the Blok
        Reuter  -  404 words
      • LOG BOOK
        • Article
          Lock icon New HK airport may be delayed
          97 48 Bloomberg Business News HONGKONG A senior Hongkong government official said the territory's new airport at Chek Lap Kok will not be ready by the time Britain hands Hongkong back to China, the South China Morning Post reported. While the airport's terminal building might be
          Bloomberg Business News  -  97 words
        • Article
          Lock icon TNT, Fiat discuss spare parts deal
          85 48 Reuter TURIN, Italy Australian transport group TNT Ltd is in talks with Fiat Auto to manage the Italian carmaker's spare parts logistics and distribution in France, the UK, Germany and Spain, both firms said. TNT has managed Fiat Auto's spare part activities in Italy
          Reuter  -  85 words
        • Article
          Lock icon Kia to assemble cars in Pakistan
          80 48 Reuter SEOUL South Korea's Kia Motors Co said it will launch a plant in Pakistan this year to assemble up to 10,000 care annually. A Kia spokesman said the assembly line, due to be completed in September, is for the company's sub-compact model Pride.
          Reuter  -  80 words
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          Lock icon HK$10b to build Guangzhou highway
          72 48 Bloombers Business News HONGKONG The total investment needed to build a major highway circling the city of Guangzhou in southern China has increased to HK$lO billion (Ssl.B billion) from HK$6 billion, the city's mayor said, according to the Chinese-language Hongkong Economic Times. Hopewell Holdings Ltd,
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          Lock icon 16% more traffic deaths in Shanghai
          84 48 Reuter SHANGHAI Traffic deaths are rising in Shanghai this year, with an average of more than two people killed each day on the roads of China's largest city, the Wen Hui newspaper reported on Tuesday. In the five months from January through May, 325
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        Lock icon Alitalia pilots plan another strike on Friday
        235 48 Reuter AFP ROME Alitalia airline pilots are to strike again on Friday in defiance of a government ban on transport strikes for a week. Pilots' unions decided late on Monday to defy the ban and the announcement brought to a halt negotiations between
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        AIRCRAFT ARRIVALS & DEPARTURES
        1415 48 AIRCRAFT ARRIVALS DEPARTURES mat era nm n» Ma Dfcatt (XI56 1735 GA974 0020 GA984 0310 SQ442 2000 OK157 2020 SQ227 2030 RJ182 1440 RJ183 2210 »antaf<— KL843 0455 KL832 2300 GA893 1310 SQ832 2355 K1837 1450 SQ323 1555 >tMM< NZ21 1820 NZ22 1940 SQ288 2050 SQ285 2045 Gf 149 0710
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      48 29 Drager a> SAFETY EQUIPMENT if Bj (SOLAS APPROVED) V* PA9O MARINE < Specifically Designed Breathing Apparatus For Maritime Application HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE fIHHi Draeger South East Asia Pte Ltd 67 Aver Rajah Crwccni #06-03 Singapore 0513 Tel: 773 2133 Fa*: 773 2033 Tlx: RS ***** DWSING
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      179 29 ,y WEEKLY LCL TO: Algeciras Las palmas Barcelona Madrid Bilbao Tenerife Ceuta Valencia U i? How not to be foolish about fuels: Page 2 Work on Hanoi's Noi Bai International Airport begins soon: Back Page ISM Training Course From July 19 to 21. In its resolution A 741 (18) of
      179 words
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      716 30 i onmtpeaTMATiONs i i wcwtw AMERICA I gT I pWft OtMWI OfCPrtIW.«—■CAWMMWOT* MHWCg -I I EffflPß (MBECT FROM I a n/w B/* u/v n/v ii/wl ivJ n/wj u/v] ii/wl awn |m>|t7/t n^ gmvqmm mi ~SJ- -iffsstjs SHghh:.H "LL£l 85 i»i EI7 s T s «w*»t i i s~ 5 S
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      Page 30 Advertisements Column 2
      201 30 Lines and services represented by Members of the Registry of Accredited pgtog* Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090 tSlwi PX«langkjovflngFor 1 CANALP 23/8 27/B RdnVAtw/UKAfentee I 1 WORLDAJAX 5/7 107 RdrVAtwAJKAfentes I Loads E-/W. Inrtrjneala J ILwtvkr SEA RESOURCE HodeidrfVJeddtfVAqaba I PAN
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      2048 31 FOONG SUN SHIPPING (PTE) LTD WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0511 MQQKimvNQuiiim en hoc nmmooow TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP A SB* voy sura suns kstntion 10/95 2i/M 71/04 FUUU/MIBiIANG KEDMI 1/95 03/07 05/07 PONIUMI/SMTEII GWDAOUO 9/15 21/04 30/04 tOGOIUJ/MDANG SUUftUUO 11/15 73/04 75/04 JAMB/MUM
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      1056 32 J #a! I •iTJ r§] I d J «sa WT wsm JBMH Mm- vrnmm nmm wnattm urn* hmwl E™™ H»—« B—a —jjg e -M—? gj ig K ipt~ NOGQsronßs n7© M 5179 i/i vl vi «K Si |{Wm»BWS )i>lM Wl IA I W I S I M 460 ACCIfTIWG FtOM
      1,056 words
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      Page 32 Advertisements Column 2
      907 32 I NORAS IA I UPGRADED WEEKLY SERVICE WITH FIXED DAY SAILING and IMPROVED TRANSIT TIME ID LA SPEZIA. BARCELONA. VALENCIA. KOPER. VENICE. ANCONA. GEMLIK AND IZMIR FOR MORE DETAILS/BOOKING, PLEASE CONTACT* M/S TAN SEOW CHUAN rraKfiBCMLMBff: NORABIA AGENCIES (S) PTE LTD [MJO AOCCFTHQLCLTO: T*j *****83 FAX *****90 CR NO. **********00
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      624 32 JAPAN/HONGKONG/STRAITS REGULAR SERVICE E-J LOADING FOR PORT KLANQ/PENAN<f VESSa VOY I'PORf PGUOANG P*B ff! YttTA a 13JUN MJUN m wtm t aw a jun 17 jun OCEANHAVE 1 18 JUN MJUN Owen ram i7_ ajuw is jun EXCgDI J MJljjl MJUN T1 ManCMIMt 14 MJUN MJUL SELECTA J 83 JUL
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      1158 33 PW STRAITS SHIPPING PTE LTD S WtA 10 M## CkiM < R,,d #1101 Ktppcl To wen SIMMOW 0208 Tal: *****88 Fu: *****17 i" MdsIfJMAJiHJM!I^!bkA new guinea pacific lime Gs\£ff (A SERVICE OP CHWA NAVIGATION CO) CARGO Out SAILS N-y*/* E*****!!! 1 «mta. mm »> mpwi a*. 1 *»«MMM.IM.tt IMIJW MM.
      1,158 words
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      Page 33 Advertisements Column 2
      1824 33 mP&O Containers Containers (Singapore Agencies) Pte Ltd rr VfVltl KwA O 10 Hoe Chiang Road, #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE Te,: 225 2233 Tel RS ***** pn °csp Fax: 225 5327/222 7517 vwuumuL CR Number *****9 *****/. "POHT import JTSruAEß<ur SSI ***** 225S XL AWT Toot
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      Page 33 Advertisements Column 3
      492 33 OUIkwINO PKL PBI JOH SW MM MO TW KEE VOK TOK NAG KO6 OSK MOJ BUS MANHM2IBM6IB 2MB 2106 2208 26-2606 3MB 1207 6307 6M7 8707 1607 11/67 8807 MAN HAI 226 M 666 2MB 2MB 2607 27 2MB BM7 BM7 BM7 6M7 1107 IM7 2807 1607 SEA RANGER M
      492 words
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      1103 34 nsn ROM HM THP AMW LMV LHY «m TW HH RW m SGP JLT mhMl l 14/7 11/7 IV7 18/7 IV7 E. SLEAMY RE-MG M H« 2U 2* JM 2M 2M Iff^"*® 1 vt t\n un nn rui nn e. gentry re-4u m m m im in in e. mm
      1,103 words
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      Page 34 Advertisements Column 2
      701 34 ■voaa wt mp m m om ES S3 ■umonwaao MHtw hm mm mm Z» ■SSSSEL S2LIS2 2% IM7 w JM CSOWH XXAXn* mm 14*7 17*7 IH7 ,u 7 A£X JJS; uMCONCERT HMim 17*7 17*7 M 3S MOT *07 3M7 ALSO ACCEFTM FQ. TO DONA. SIMMAM. Mil Mi MR OUM. MUSCAT
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      Page 34 Advertisements Column 3
      605 34 IE) WCMRELD MARINE AQENCtES (S) PTE LTD FW TEL- *****33 (12 UNES) KL FAX: ***** IS/*****03 P TELEX: RS ***** RtSHV> (3 UitM) 1 CR NO **********0E ETHOFIAN SHIPPING UNES f (Natiood Lines of Edriopia) ACCEPTING FCL AND CONVENTIONAL Voy Fa Loadbig for Bpor> Abbay Wonz 44W8 12/07 Abyot 41WB
      605 words
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      1499 35 SOOTH AFRICA ft CAST COAST SOOTH AMBOCA tUftp/»» u*m 4««m ia—r»i): mint t 4««« f 0,,t c o llt\*l!Z mefTtLn aiSET s=£?22r -iwss, sTs'HZ. saw— 1 ras^*^ COtTAK MfflOrs (Ml (MIMO T1: $7-MMltt/Ilt Fu: 17UU171 To: U.S. East Coast To Ho«i«taM|/CiMfta From: US A. East Coast FroirCtrtaa/Hoi* Kong «B«wwi W
      1,499 words
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      Page 35 Advertisements Column 2
      777 35 HEUNG-A SHIPPING (KOREAN FLAG) II why cowmanzH) savKi l convßmoiiAi sovki j m m mm w mmm in I■[»|w [w It [»m Iwmw \m [A \m tor \m hi ww>mii lii/b|i7/b |»/b I n/b »/b w/y| b/y |w/>7 TatTTiiTtM n/it jj/k I aawwpi |ii/bia/b L»/b Ivml wv I w/pi m/v
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      Page 35 Advertisements Column 3
      770 35 Jf FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 UNES) GOTHENBURG/SCAN 26/06 ROTTERDAM 23/06 AARHUS/COPENHAGEN 26/06 HAMBURG/BREMEN 23/06 MARSEILLE/FRANCE 27/06 FELIXSTOWE/UK 26/06 BARCELONA/SPAIN 28/06 LEHAVRE/FRANCE 26/06 GENOA/rTAIY 25/06 ANTWERP/BELGIUM 23/06 LOS ANGELES/WC/IPI 23/06 SYDWEY/MELBOURWE 24/06 NEW YORK/EC 23/06 FREMANTLE/AOELAIDE 25/06 VANCOUVER 23/06 BRISBANE 24/06 TORONTO/MONTREAL
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      931 36 BB IB BBBM M MM BMB 'HI I Til friMjittaiiM'l' 'IMliifßtflia ihiihiiiiwiit ves>b j*T vessel VOY 8* PEN -VIvSE VOY SM BKK VIRA BHUM 136S W«d In Pt St HflT KOTAJADE JAOQ7S ~W»d IhW W 23*~ M maha■Huy* W>l IhPi at a** s» IM—JMfI Stt_ JM bunqaserqja __aogg ttxj_ 22*
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      Page 36 Advertisements Column 2
      821 36 70 ANSON ROAD, *21-01, SINGAPORE 0207 TEL: *****02 PAX: *****57 CR f **********0N SHUTTLE SERVICE T PORT KLANQ PENANQ voy sm PH. vtssa voy sm rot SEA LAUREL 396N 22A16THU 2306 FRI XOUR JAYA ***** 2506 SUN ***** TUE BREEZE 22A36THU 2406 SAT LHOTSE 5037 ~2aO6WED~ 3006 FRI XOUR TINGGI
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      645 37 U BSA jl s M MYANMA wBßk FIVE STAR LINE r (Myanmar National Line) S w Loading for Yanion (Rangoon) S>m PKH KM PGdg t~ OURANIA am I MYOMA YWA VIMW 2SAM I— -SATHCM VI33W 21*6 1 MALAYSIA AGENTS SOUSTEAO SKIPPING AGENCIES t KUL: TEL 02-83-***** M PEL: TEL 0243-37M101
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      Page 37 Advertisements Column 2
      845 37 f PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Ceci Street, #03-00 PIL Building, Singapore 0106. I I CRNO **********06 I WML VOY SM CMM JM HOO MO AOJ AM MUK PZU HMW ASA KOTA MUM BMNIM 1/7 8/7 IS/7 15/7 17/7 10/7 SO/7 22/7 M/ 7 17/7 30/7 KOTA WUAYA
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      Page 37 Advertisements Column 3
      832 37 **********Z VESSELS gN LE HAVRE HAMBURG THAMES ROTTERDAM ANTWERP VXEtyHVDRA HOBW 27 AM 18*07 2CMD7 22/07 Z3/07 24/07 MLLE DC LYRA WW 00/07 25/07 2T/OT 28/07 30KJ7 31/07 VWXEDEVELA WOW 11/07 01/06 03/06 06/06 06/06 07/06 VK-LE OE CAPELLA TOW 18/07 06/06 10/06 12/08 13/06 14/ os ALSO ACCEPTING CARGO
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      55 39 I/C VISA FREIGHT SERVICES PTE LTDfij Established Since 1984 OCEANIA PORTS REGULAR GROUPAGE LCL CONSOLIDATION AUCKLAND SYDNEY IMp(ORT EXPORT BRISBANE T MELBOURNE FREMANTLE SERVICES FOR 800 Kino at SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE VISA FREIGHT SERVICES PTE LID VISA LCX CONSOL PTE LTD TOLL-FREE TEL: 1800-*****66 TOLL-FREE TEL:
      55 words
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      Page 40 Advertisements Column 1
      1612 40 44_ AS AGENTS: IT UHI fMOAPOfj Wi LTP (CWMDt WM —HlfT «»MMM7M6) TH_ *****77 TELEX KAVAW R*****5 FAX *****1&7/&9 T Tlkjlp MALAYSIA; "K" UNI MAHmME (MALAYSIA) SON BHD THj5A*****00PK*****75P8i*****20J*****101 PGU2SIB62SC MDONE9A: P.T. SARANA LAUT ■II—IUtA.THjJKTS22O6OB T|Bt f cm „,o 10Mnww «T f wmmt «MMIO*#AC«IC kwtiwwt ~~n YMM MSB vor -mm
      1,612 words
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      Page 40 Advertisements Column 2
      1362 40 AMERICAN PRESIDENT LINES, LTD. 19 KEPPB. ROM) <08-01 JT POM tMLONO 9XGAPORE (808 M/MN UNE: 22MM88 CUSTOMER SERVCE 225-1285 FAX 221-4U2 EAGLE VOICE- 3gIKM CF3 Z*****9 ZjalllOw |jn [ST vamjwiw ~ST ~st~ aw mt ~om~ ~mT"W ~ST ~irt «Qf «_J p kmomb m M aw MM mi r «mm wn
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      579 41 (AMfIUY^mwnMYOFHL) Official Agent of! CAShKrjoA (MA a AJRnnMHT) inmixjii QMW MAIN UNE: 278 7772 IWT UTK ALI W D TK 5 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ■TO CTD COLOMBO 26/0# 01/07 i CHITTAQOMO 84/00 01/07 CALCUTTA 12/00 20/00 ■n—AY/WW DRUM 20/00 01/07 KARACHI 20/00 07/07 MADRAS 20/00 07/07 lISA/EUROPE ■to
      579 words
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      Page 41 Advertisements Column 2
      1502 41 Nedlloyd Life SAILINGS TO EUROPE EVERY WEEK ißfil I CR **********0R r"Bff Ni (F) Pp (F) Sn Ph| lil Son LjR Rtm Anr* mm Brti u NU. NORMANOIE /1245 21/6 21/6 23/6 21/6(F) 13/7 15/7 9/7 10/7 11/7 r.oc /4M c n,<l) Rtm<2) 1-1 Ph < Sin Na HONSHU /3255
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      320 41 SUNSHIP AGENCIES PTE LTD 2" McCallum Street 916-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R Y.S.N. LlNE»^ > jin,i,ii,i.),iiijii.iiMj.i.i|juj.|,iLijjj,i ff 3^ HOWGKOWC SINGAPORE P KELAMG PEKAMG i su) irtut i2-an ImT,IMm SLO HI POUT 23 24* I ■rm Pimiwi 11 ZJ-iM 1
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      1307 42 3 TIMES A WEEK SI EXPRESS Y.230E ETA SIN 26TH JUNE 1995 MADISON MAERSK V.9506 ETA SIN 27TH JUNE 1995 AXEL MAERSK V.9512 ETA SIN 28TH JUNE 1995 Vmmt fey ETA I ETD 1 DESTINATIONS NM«M*PMMMA M<mkiTHinwa MACMOW MAOVK VMM AXEL IMBVK VJ6I2 BHI BBWBRHBH cy zin i zoo MR#
      1,307 words
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      Page 42 Advertisements Column 2
      607 42 TO E. CANADA US ATLANTIC US GULF LOAONO VOY I SPORE I PXELAMQ HALIFAX N.YORK NORFOLK M ORLEANS SAVANNAH TAMPtCO HOUSTON HOCQHOUKE 0630 MAX JUL 129 JUN 16AUO 19 AUG 22 AUG 29 AUG 26 AUG 2 SEP 7 SEP HOGQH MRANDA 0730 28/27 JUL 120 JUL D SEP 12
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      Page 42 Advertisements Column 3
      404 42 ftQ/>///i/-o/?/avr I Y** UN€S P7€ LTD ®TEL; *****00 (16 UNES) FAX: *****76/*****38 rm jy I CR COOS: **********0H SrJSr P. KELANQ 03-*****98 I PBKAHO 04 <aea»a f|f j AUCKLAND, WELLINGTON, LYTTLETON. 24 JUNE I CHRBTCHURCK NEW PLYMOUTH I 2 ROTTERDAM, HAMBURG I 4 ANTWERP, ALL EUROPE, INLAND DESTINATIONS 26 JUNE
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      728 43 DIICAKI "stss? Q U 3 tt FIRST FORWARDER IN W fr SB m ASIA AWARDED ISO 9002 RY LRQA Twke weakly coasofidatfon cfa. M fast trmnh time vessels Call SANISA: 2771 058 (iW/)|jLl jfor bookings Singapore 561 1668 272 9838 Mm AND LOOSTIC3 SERVICES jm Also has offices in:- dUbk
      728 words
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      1326 43 aao JML_ _UUML JBMI—MS. BM Ml la HO ML_ B2KL J& KSK_ JEfi fWH jm MI SSL wo am no AMEMCA 1M It.M MM 17M' MM MM! 11JT 11P MP BP M) HONS ROM OS MM* MM OH 77 K DM UN MM mrnmm im am mm- bm* up or
      1,326 words
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      353 44 X Singapore Soviet Shipping Co. Pte. Ltd. CR NO: 100S*****00N BOMBAY/COCHIN IWOOM. WY BOM roc HAOLORV QLMMO 23AM XMM QMOMt 207 «AM 0M97 MEXMAMK KURAKO MMMN OSAT7 11AT7 17/07 |KOTAMUTIARA MUTOtI I*o7 «OW7 unruiiamuAiAiDuniir nvivniwiHn/fwiriiuHU IVTBKL VOT mm HCM HPM OKMCR UROI USVW WM OM7 PK>»«R KM MOW 00)07 M»7
      353 words
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      Page 44 Advertisements Column 2
      110 44 SIM FAR EAST 27/6 KEELUNG/KAOHSIUNG 25/6 BANGKOK 25/6 MANILA/CEBU 26/6 JAKARTA/BELAWAN/SDRABAYA 26/6 PORT KELANG/PENANG/E. MALAYSIA 26/6 BUSAN 25/6 T OK YO/YOKO/KOBE/NG O/OSA 25/6 HONG KONG SIM CHINA (4>B#±*fen) 25/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 28/6 LDN/FIX/IVP/SOU 28/6 ROM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIM
      110 words
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      283 44 I STAR SHIPPING AGENCIES (S) PTE LTD AomntFOtt ZIM CONTAINER SERVICE GOiD STAR UNI LTD SETH SHIPPING CORPORATION TEUPHONL 220-6666 (8 UNES) FAX: *****70 un*mwuKnm KRHOHOJIOMOOOM) H AfIERICA/CARMCAN SHVKIS \^JXpm ffIgSER ftß IB IB IB ohosau m lmmu i« mp tp ii/i h/i i*/b IUH KM X 4/7 LOU l«
      283 words
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      Page 44 Advertisements Column 4
      358 44 I VESSEL VOY SIN TIGER ISLAND 341N 23 24/06 2842/07 *****7 I llW—Ml 342N MIH 02-06/07 10-11/07 I TIGER BAY 343N 2901-07 (*>O9A)7 »tN I TIGER CAPE 344N 030<07 09-12/07 17 18(07 I TIGER ISLANO 345N 06-0607 12 16(07 20-22/07 I TIGER BROGE 346N 10-11AJ7 16-19)07 24-2507 I II VESSEL
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      208 44 m Ha hbj no tua —iwaw ~lim ~mm~ mm~ nm ~limr "WWW 11*7 IM7 2M7 «R >I*7 BW c.wmouk»« mm \*m vm~ nm i*m I *wwamini urn mm mm mm am mm •vis Auckland I 15 OfT «W CM W. UN. "WW W 1M» 11*7 »W> <M» IM> ■wniwm iw
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      268 45 FOMTBKSWI«SWUMS:P.«IIMIIB/SMI« ITA ETA Uf WI VOY PABR QUOANQ VOY —GAT Of KUALABMKV ***** 21/06 (WED* 4068N 21/06 (WED) mMLAaMKV ***** 22/06 THU) 4068N 23/06 frl* 410 4100N 28/06 (SUN) UMLASUKV ***** 28/06 MOM 4101N 27/06fru^ KUALABUKV ***** 28/06 (WED) 4102N 28/06 (wS) KUAIABMKV ***** 28*06 FRR 4103N 30/06 FRR c/itniumoooß
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      Page 45 Advertisements Column 2
      397 45 PULL CONTAINER SERVICE FROM 8M TO B>PM6 vesseuvoy ctasm etamaa TIGER SLAM) VJ4IN 23-34 AM »4am PESTOVO ¥.17 24-2VM MM TWO* BRKUE V 342N MM (X2-O*C7 PRAVtXNSK V 21 MM nfrVffT KOTA JADE VJAOOT7 2S-XVOS 04-o*o7 TWER BAY VJ43N 2V01*7 OSOMT7 PWVOLYE va 1001/07 OH7S7 TWER CAPE V 344N OVOM7
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      Page 45 Advertisements Column 3
      262 45 NtO SHIPPING rajjAQtNcies pre ltd W: 224 am N«! *****59 WBKLY FUli /LQ COMVHsmONAI gßflg IWpfcM|-tOays Irani looifing Jun.7l July 09/21 N>(MM-3l%stransit loodmg Juno 73/30 WyW/13 Iwfar/Ndras loodng Juno 76 iw*y 02/M/14 brad* loatfing Jum23 /29 Ju»yo7/14 Colombo Looing Juno 76 Wr 03/10/17/74 wEaav fq CQNSOi service kngkok LooH Jim
      262 words
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      Page 45 Advertisements Column 4
      597 45 y sa -TO BE ADVISED/NEPTUNE RUBY 43T eta sgp 25/06/93 II X&L II ARRIVING ICS ANGBfS 15/07/95 IN 19 DAYS II II A£X: "NEPTUNE PEARL 2IE* eta sgp 28/06/95 ARRIVING NEW YORK 22/07/95 IN 23 DAYS SSL, <*•* _m *n ceo HOU wa TOK mow 17/07_ 19/07 70/07 02/07 30/06
      597 words
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      Page 46 Advertisements Column 1
      606 46 AFGHANISTAN MAM Afghanistan Ltd., Hainatan, Torghundi, IsiamqaJa (Doqhamn) C.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku, Dushanbe, MMzer A lAnch Irkutsk, Khabarovsk, Krasnoyarik, Korsakov, Moscow, IntenStwSrSwwriere Novosobirsk. Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny Ulaan Batof N Koroa: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA ALSO *1 Il— TOt MICA. SANTIAGO, TALCAHUANO.
      606 words
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      Page 46 Advertisements Column 2
      520 46 (982) *****67 WMLM^aW P.KBM*kmm*rr Jakarta: (21)*****07 BurabayT(3l)»i«o I ASIA HKG/TWH/BKK GENOA/EUROPE I PEN PKL SIN 5 SAILING S/WEEK r SIN 206 21/6 226 HKG/BKM(EE/KHH £.52? holm/Oslo 21/5 22/6 23/6 23/6 24/5 25/5 HKGfIKKftEE/KHH .Tr!?- 23/6 24/5 25^5 27/5 28/5 296 HKG*KK*EE*HH ZTT* 226 SHAMGHAWJALJAN JPH/KOBEA/MAWLA XIAMEN/VEUING a* 22/6 236 I
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      Page 46 Advertisements Column 3
      392 46 I STRAITS/ JAPAJV STRATTS SERVICE I MULTI-PURPOSE A RORO CARRIER I SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TONS I RAMP CAMCTTY UPTO SO TONS I I™ I™ IOAMKFOt I I waa wt m n I SrtMGTUOB J IS/4 27/4 TO. IMS 1/7, MHTMHJ/7 I n s/7. tawau </7, samoa
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      100 47 REGIONAL^ LEGEND R Thunderstorm .g V Show* Weoitw Wind d»«ction wrth tp«.d in knot* Roin Cloudy Sky Wov« h«ght S-jfce* >Ml or. indicate by orrowi Hy with tH. wind On. fui arch '•P'twrrt, cokn or Kght and vorioM. wrtds U.On#ho* fWch. r«pr#Mnt« 5 knots »—On.hj«fWch.r.pr.s™ts lOknots 4— On. solid triongl.
      100 words
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