The Business Times, 27 June 1995

Total Pages: 38
1 38 The Business Times
  • 13 1 SINGAPORE BusinessTimes WE KNOW ASIA X. MITA(P) 194/12/94 Tuesday June 27 1995 85*
    13 words
  • 69 1 Reuter NEW YORK Stock prices fell yesterday, pressured by across-the-board profit-taking, a bigger-than-expected rise in May home sales and concern over the US-Japanese trade dispute. At 2pm EDT, the Dow Jones Industrial Average was down 29.40 points at 4,556.44. At I pm in the broader market,
    Reuter  -  69 words
  • 171 1 Stock RMii(«t indices Monday Chance STII 2,092.90 -9.88 KLSE Comp 1,055.28 -6.63 Nikkei 15,145.36 -119.82 Hang Seng 9,201.25 -23.11 SET Index 1,382.42 -13.35 Jakarta Comp 489.81 -1.85 Manila Conlp 2,754.61 -18.11 Taipei WPI 5,646.83 +17.39 Seoul Comp 868.77 -3.69 Bombay BSE30 ..3,274.00 -41.81 CLSA China B 778.57 -0.59 Aust All
    171 words
  • 132 1 SINGAPORE Asian markets started the week on a sluggish note yesterday with the US-Japan car talks and the July 5-6 Federal Reserve meeting weighing on sentiment. Trading was quiet and thin. In Singapore, volumes tumbled to 74 million shares worth $287 million from last Friday's 95.25
    132 words
  • 813 1  -  Tycoon teams up with Sembawang, Haw Par and Salim group By Conrad Raj SINGAPORE Malaysian tycoon Quek Leng Chan appears to have pulled the rug from under developer Ng Teng Fong's feet by teaming up with Sembawang Corporation,
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  • 355 1 Breakdown in Penang's electricity supply MBT The Straits Times PENANG Production losses and damages arising from a major electricity power breakdown on Penang island over the weekend will have a long-term effect on manufacturers, a Federation of Malaysian Manufacturers statement said yesterday. Power supply to
    MBT; The Straits Times  -  355 words
  • 316 1 Bloomberg Business News AFP Reuter GENEVA United States and Japanese trade negotiators are locked in do-or-die talks here to solve their car trade dispute before US sanctions come into force at midnight tomorrow. The US is represented by Trade
    Bloomberg Business News; AFP; Reuter  -  316 words
  • 251 1  -  By Paul Leo SINGAPORE The Singapore International Monetary Exchange (Simex) has imposed a hefty fine of 1.8 million on "local" member Teo Kok Eng. According to a Simex disciplinary notice on June IS, Mr Teo had also been suspended from
    251 words
  • 495 1  -  By Chuang Peck Ming SINGAPORE Economic growth will pick up to between 7.5 and 8.3 per cent in the second quarter, after slipping further than expected in the first three months, economists generally feel. The materials shortages and maintenance shutdowns which
    Source: Department of Statistics  -  495 words
  • Page 1 Advertisements
    • 145 1 BREATH T AKINGLV FRESH PECEPTIVELY AMAZINGLY STRONG. BT Online Look us up at http:// www.asial.coai.sg/biztiiiies an News I—_ 2 £porMfaa' 13,14 Reload tows 14.5 Fnarcal 17.11 World News 12 Faataru Martats Mr* 11 OoMOSE. SB 2224 Eftoni 10 Re®«vt 20 SflOfts i World 21 IV/litetyte 9 Currwcw IS Propwt* 7
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    • 17 1 Property: pg 7 .1 1 w A closer look at HK office space Market reports, Pg 20-24
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    • 9 1 Hock Lock Siew: pg 13 Why curb Thai brokerages?
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    • 64 1 FRESH H PECEPTIVELY AMAZINGLY STRONG. Bottom Line: Pg 12 HK directors ready to change KL Securities Commission sets news rules on foreign assets, broking firms, Pg 13 S'pore Telecom, Bukaka win Indonesian network deal, Pg 13 Cartier (artier boubque/ Singapore Ngee Ann City. Tower B. #01-11. 391 Orchard Road. Tel:
      64 words

  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 330 2  -  By Ven Sreenivasan MANUFACTURING output grew 4.S per cent in April, providing more evidence that the economy is heading for a slowdown. The Economic Development Board, which released the latest monthly index of industrial production yesterday, said cumulative growth for the first four months of the
        Source: EDB  -  330 words
    • 69 2 HOME-GROWN multinationals should consider using management science to maintain a competitive edge, Acting Minister for the Environment and Senior Minister of State for Defence Teo Chee Hean said yesterday. He said at the opening ceremony of the Informs International conference that as Singapore had
      69 words
    • 47 2 AL KHALEEJ Investments, the owner and developer of retail malls Wisma Atria and Forum Shopping Mall, hac appointed a new director and general manager, Mohammed Ibrahim Al-Shi-bani. Mr Al-Shibani will oversee the planning and operational policies of the company's portfolio in Singapore.
      47 words
    • 52 2 THE Ministry of Environment has suspended the licence of a restaurant in Changi Airport Terminal One for two weeks. The restaurant Modern Islamic Restaurant was found to be infested with cockroaches twice this year. The operator was fined $500 for the first offence and $400 for
      52 words
    • 38 2 THE Urban Redevelopment Authority has closed the URA surface car park bounded by China, Cross and Amoy streets. The car park is part of a land parcel sold recently for commercial devaibpment.
      38 words
    • 530 2  -  By Jenny Lam SINGAPORE department stores in the red need not worry about becoming dinosaurs so long as they reposition themselves. According to John Riordan, president of the International Council of Shopping Centres (ICSC), department stores are not passe contrary
      Photo by Arthur Lee  -  530 words
    • 182 2 SINGAPOREANS used 14 per cent more water last year than they did in 1987, the Public Utilities Board said yesterday. A survey conducted in April and May this year showed average consumption per household per day was 736 litres last year, compared with
      182 words
    • 384 2 Vice-Premier Zou Jiahua plays down fears of economic and military dominance SINGAPORE China will not seek to control or dominate other countries, even after it becomes economically developed, said Vice-Premier Zou Jiahua yesterday. The country's economic development will instead, "serve as a
      Photo by Chris Loh  -  384 words
    • 348 2 MTV Asia launches two cable channels and promises more MTV Asia would launch more cable channels in the region within a year, company officials said yesterday at the launch of MTV Asia's first two channels. MTV Networks Asia president Peter Jamieson said MTV was having talks on tie-ups with Malaysian
      Photo by Arthur Lee  -  348 words
    • 168 2 THE government will soon make it easier for people to register their children who are going to school for the first time. It will also make it more convenient for people to find out how they should go about registering their children. Yesterday, the
      168 words
  • Page 2 Advertisements
    • 125 2 SUIT I f\i (SPECIALLY PREPARED BY OUR HK CHEFS) I OUR KTV ROOMS ARE AVAILABLE UPON ADVANCE BOOKING ft RESERVATION WITHOUT EXTRA CHARGE I (On a First Come First serve Basis). I 1 FRENCH STYLE PRAWN SALAD I PEKING DUCK SPECIAL (2-STYLE) FRESH VEGETABLES WITH MUSHROOMS I SLICED FRESH MEAT
      125 words
    • 102 2 T INVESTMENT OPPORTUNITY Luxurious Apartment in PARIS... No. 5 Avenue Emile Deschanel Paris, France 169 m 2, overlooking the Eiffel Tower facing South-South West and very sunny very safe street, former President of France, Mr. Francois Mitterand has his new office on the same street 11 million French Francs or
      102 words

  • SOUTH-EAST ASIA
    • 393 3 Reuter JAKARTA Indonesia's foreign investment approvals soared to U5520.03 billion (Ss2B billion) between Jan 1 and June IS and are set to exceed the record U5523.72 billion reached in the whole of 1994, Investment Minister Sanyoto Sastrowardoyo said yesterday. Foreign investment has
      Reuter  -  393 words
    • 259 3 AFP JAKARTA Economic deregulation, not political democrat isat ion, is the way to create an Indonesian middle class, a minister was quoted as saying yesterday. "There is no middle class in Indonesia, and therefore it is difficult to assign it a
      AFP  -  259 words
    • 192 3 AFP KUALA LUMPUR Malaysia should take greater efforts to keep business operational costs low to remain attractive to foreign investors, the government's economic adviser, Daim Zainuddin, cautioned yesterday. Mr Daim, a former finance minister, warned that greater efforts to maintain
      AFP  -  192 words
    • 224 3 Reuter BANGKOK Demand for electricity in Thailand is growing sharply as the country's economy expands rapidly, a research group said in a study. "Electricity supply can be regarded as one of the most essential components of Thailand's infrastructure," the Siam Commercial Bank
      Reuter  -  224 words
    • 288 3 AFP MANILA The Philippine government yesterday put a controlling share of the historic Manila Hotel on the auction block after lowering its valuation following the failure of the first auction in January. Chief executive Cesar Sarino announced that 30-51 per
      AFP  -  288 words
    • 422 3 AFP KUALA LUMPUR Malaysian construction companies facc a critical shortage of cement, with demand set to exceed supply for a long time unless more cement plants arc opened, industry officials said yesterday. The building industry which commands about 4 per cent of
      AFP  -  422 words
    • 75 3 Reuter JAKARTA Indonesian Foreign Minister Ali Alatas yesterday said his country had no border problem with China over an area near the gas-rich Natuna islands in the South China Sea. "There are news reports that a Chinese spokesman has confirmed there is no problem about
      Reuter  -  75 words
    • 88 3 AFP JAKARTA A permit system, introduced by Indonesia's former colonial masters to curb insurgents, is still being used to control public meetings here but faces growing criticism as the country celebrates 50 years of independence. Last week, the head of the country's Human Rights Commission,
      AFP  -  88 words
    • 120 3 Reuter KUALA LUMPUR Malaysia wafits to underpin its economic might by increasing its defence capability. The national Be ma ma news agency yesterday quoted Deputy Prime Minister and Finance Minister Anwar Ibrahim as saying Malaysia's economic growth was directly linked to its ability to maintain
      Reuter  -  120 words
    • 63 3 Bloomberg Business News HANOI Vietnam's Office of the Government will reduce the price of rice in the hope of holding the monthly inflation rate at 0.5 per cent, with an annual target rate of 15 per cent. The Vietnam News yesterday said plans to export
      Bloomberg Business News  -  63 words
    • 70 3 UPI MANILA Members of a Philippine export group yesterday said they planned to fly to Japan in November to showcase the country's products, investment opportunities and tourism sites. The Philippine Exporters Confederation said it had been invited by the Kobe International Association to join a
      UPI  -  70 words
  • Page 3 Advertisements
    • 228 3 FINANCIAL HIGHLIGHTS ARAB-MALAYSIAN FINANCE BERHAD (A Member of the Arab-Malaysian Banking Group) Period Ended 31st March, 1995 Audited Results* m 1995 ,1994 o /o In'Mlllion RM Iff Million RM Change I* Profit Before Taxation 212.8 107.6 97.8 Profit After Taxation 135.1 72.9 85.3 Shareholders' Funds 675.2 353.2 91.2 Loans Advances,
      228 words

  • CHINA/HONGKONG/TAIWAN
    • 86 4 Bloomberg Business News HONGKONG A former senior official at the China Securities Regulatory Commission was arrested for allegedly taking bribes while working as a regulator, Hongkong's Eastern Express reported yesterday. An unnamed source in Beijing told the paper that Lu Xiao-long, a former deputy director at the
      Bloomberg Business News  -  86 words
    • 110 4 Reuter BEIJING China's computer market will be worth more than 150 billion yuan (Ss2s billion) by 2000, up from 50 billion in 1995, the China Daily said yesterday. In 1994, total sales of computer software were 4.9 billion yuan, 20 per cent more than
      Reuter  -  110 words
    • 93 4 Bloomberg Business News HONGKONG Hongkong retail sales volume dropped 2 per cent in April as car sales plunged, the government said yesterday. The value of sales rose by 5 per cent to HKSIS.9 billion (SS2.B billion), the Census and Statistics Department said in a
      Bloomberg Business News  -  93 words
    • 89 4 AFP BEIJING Prominent Chintse dissident Chen Ziming has been forced to return to prison one year after he was released from a 13-year sentence on medical parole, his family said yesterday. "Between 30 and 40 policemen came to the house around 11 pm (1500
      AFP  -  89 words
    • 269 4 Reuter TAIPEI Taiwan began its most aggressive drive yet to end its outcast status yesterday, offering the cash-strapped United Nations US$l billion (SSI.4 billion) if the world body agrees to give it membership. In a move timed to coincide with the UN's 50th
      Reuter  -  269 words
    • 479 4 Reuter AFP BEIJING China's programme to convert military industries to civilian roles is facing problems, with 50 per cent of the converted plants now running at a loss, delegates at an international forum were told. But they praised China as a
      Reuter; AFP  -  479 words
    • 342 4 UPI BEIJING Driven by destitution, most Chinese farmers are moonlighting to bolster their meagre incomes, a survey showed yesterday. "Although non-agricultural sectors have gradually become the main source of farmers income, cultivation is still the main channel for their employment," concluded the Ministry of
      UPI  -  342 words
    • 279 4 AFP HONGKONG A Hongkong clothing tycoon has vowed not to quit China's highest legislative body despite revelations of his criminal past, newspapers here reported yesterday. Tsang Hin-chi, chairman of garment manufacturers Goldlion Holdings, was speaking in Beijing on Sunday for the first time
      AFP  -  279 words
    • 289 4 AFP BEIJING China has ordered firms that have taken over inefficient state-owned enterprises in 18 cities where pilot projects are being undertaken to clear all debts owed to banks by the loss-makers or face severe penalties, Xinhua news agency reported yesterday.
      AFP  -  289 words
    • 333 4 Reuter BEIJING China executed dozens of people for drug-relat-ed crimes in the lead-up to yesterday's World Anti-drugs Day and vowed to crack down mercilessly on what has become the scourge of social and economic progress. Death sentences, usually carried out with
      Reuter  -  333 words
    • 568 4 Measures aimed at restoring confidence in market FT TAIPEI Taiwan is guardedly wanning to the idea of more foreign investment in its flagging stock market as domestic investors flee a punishing index fall this year amid a host of uncertainties menacing share prices.
      FT  -  568 words
    • 439 4 UPI BEIJING Fed up with inaccurate reporting and sloppy sentences, the editors of three major Shanghai newspapers have offered rewards to readers finding mistakes in their editions yesterday. The Liberation daily, an official Communist Party publication, plus the Wen Hui Bao and the
      UPI  -  439 words
  • Page 4 Advertisements
    • 135 4 HH3 "Among Australia's Top Universities" m University of South Australia Adelaide, Australia Commencing 28 June 1995 New 18-month Structure/Content 12 up-to-date and innovative modules plus a Project 100% in Singapore 312 lecture hours Member of the Association of Commonwealth Universities (ACU) Ranked among the best Australian Universities (Group 1), 1994.
      135 words

  • ASIA
    • 552 5 Reuter SYDNEY Australian economists expect the country's current account deficit to start narrowing over the next 12 months and to better the official government forecast, but the improvement will be painfully slow. Exports were expected to improve in the 1995/96 year to June
      Reuter  -  552 words
    • 175 5 AP CANBERRA Australia could not reject Indonesia's nominated ambassador, a general who once described the 1991 Dili massacre in East Timor as "quite proper", Foreign Minister Gareth Evans said yesterday. But he said Australia was placed in a difficult situation by
      AP  -  175 words
    • 342 5 AFP SEOUL South Korean police were placed on alert yesterday on the eve of South Korea's first polls in 34 years for mayors, provincial governors and local councillors. With balloting starting this morning at 6am in 17,200
      AFP  -  342 words
    • 238 5 AFP TOKYO Japanese electronics giant Sony will market television screens next year which can be hung on living-room walls, thanks to new technology which has greatly cut the cost of liquid crystal display (LCD) units. The technology, developed with
      AFP  -  238 words
    • 95 5 Bloomberg Business News TOKYO The Economic Planning Agency said damage to the environment cost Japan 8.4 trillion yen (S$ 139.3 billion) in 1990, a figure amounting to 2 per cent of nominal gross domestic product for that year, Nihon Keizai reported on Sunday. Air pollution
      Bloomberg Business News  -  95 words
    • 61 5 AP CANBERRA Although angered by a French decision to resume nuclear tests, Australia says it has no objections to small-scale testing to ensure nuclear stockpile safety. Don Russell, Australia's ambassador in Washington, said yesterday his government would not object to small tests, which would be
      AP  -  61 words
    • 80 5 AFP TOKYO Sales at Japanese department stores in May fell 2.2 per cent from a year earlier, marking 39 months of uninterrupted declines, the Japan Department Store Association said yesterday. But May's fall was the smallest decline this year, it said. In the month,
      AFP  -  80 words
    • 59 5 AFP CANBERRA The Australian government yesterday announced grants totalling A 597,000 (5597,660) to nine universities to strengthen higher educational links between Australia and Thailand. The grants to Australian institutions will fund 10 university staff exchanges and research projects on environmental technologies and management, engineering
      AFP  -  59 words
  • Page 5 Advertisements
    • 480 5 1 flKliili' as that!' So said explorer Robert M Swan about the timepiece that .jp helped him navigate to the South Pole. As Swans fellow adventurer Janusz Kurbiel notes: hi s -Mt "When you can't rely on external 1 time checks, a watch becomes .■I one of the basic instruments
      480 words

  • SPORTS
    • 387 6 Wimbledon Reuter AP WIMBLEDON, England Giant Dutchman Richard Krajicek, the 12th seed, yesterday became the first seed to go out at Wimbledon when he was defeated 7-6, 6-3, 6-3 by American Bryan Sheiton, the man who ousted German Michael Stich,
      Reuter; AP  -  387 words
    • 704 6  -  By Michael Karem LONDON Quietly and without media attention, some of the powers behind modern tennis have taken a first step towards containing the power game, at least at its present level, and for the first time have
      704 words
    • 85 6 Reuter ARCORE, Italy Australian media magnate Rupert Murdoch said on Sunday rugby union teams from northern hemisphere countries would have to play better if they wanted his company to offer them lucrative contracts. Mr Murdoch's News Corporation announced on Friday a 10-year broadcast deal
      Reuter  -  85 words
    • 92 6 AFP CROMWELL, Connecticut Australian Greg Norman followed up his second place finish at last week's US Open with a victory here on Sunday in the Greater Hartford Open men's golf tournament. An eagle at the 15th lifted Norman to a one-over 71, for a four-round
      AFP  -  92 words
    • 96 6 Reuter PARIS Briton Paul Broadhurst won the French Open by a massive eight shots on Sunday after a brilliant course record 63 in the final round. The 29-year-old former Ryder Cup player, whose last victory on the European tour was the Benson and Hedges International in
      Reuter  -  96 words
    • 61 6 Reuter PORTLAND, Oregon Hours after his apparent victory in the 200 mile IndyCar race at Portland International Raceway on Sunday, A 1 Unser Jr was disqualified and second-place finisher Jimmy Vasser declared the winner. Unser was disqualified as winner of the Budweiser/G I Joe's 200 because his
      Reuter  -  61 words
    • 114 6 AFP DALLAS Hakeem Olajuwon, who led the Houston Rockets to a second straight National Basketball Association crown this month, has been invited to compete for the US at the 1996 Olympics, news reports said on Sunday. The Nigerian-born centre, nicknamed "The Dream" is one
      AFP  -  114 words
    • 70 6 Reuter ST POELTEN, Austria French Open champion Thomas Muster won his 40th successive clay-court tournament on Sunday and then said he would completely ignore Wimbledon. Top seed Muster, playing before a sell-out crowd of 4,000 less than 100 km from his home town Leibnitz, had an
      Reuter  -  70 words
    • 495 6 Reuter SYDNEY Two of Australia's richest international sports, tennis and golf, are struggling to compete against a seriously-weakened opponent the local currency. As the Australian dollar plumbs near-record depths, organisers of big tennis and golf tournaments are finding
      Reuter  -  495 words
    • 653 6 Rugby World Cup Review AFP JOHANNESBURG The World Cup transformed Jonah Lomu's life almost as much as it did Max Brito's. The two formed the starkest of contrasts as the major winner and loser of the 1995 tournament. The
      AFP  -  653 words
    • 552 6 Reuter JOHANNESBURG The outbreak of food poisoning which struck the New Zealand squad on the eve of the World Cup final was described as "an unfortunate coincidence" by an All Black spokesman yesterday. A suggestion earlier by New Zealand coach Laurie Mains
      Reuter  -  552 words
    • 375 6 Reuter AFP LONDON Debutant Dominic Cork yesterday bowled England to their first Lord's Test victory over West Indies for 38 years with an inspirational seven for 43. Paceman Cork produced a burst of three wickets for seven runs in 45 deliveries as
      Reuter; AFP  -  375 words
    • Article, Illustration
      99 6 PORTION D, Oregon 200-mile IndyCar race on Sunday after first finisher Al Unser Jr's disqualification, which his team has protested (driver, nationality, car, laps completed): I Jimmy Vasscr (US), Rey-nard-Ford, 102 laps (average speed 103.504 miles per hour/166.569 kph) 2 Bobby Rahal (US) LolaMercedes, 102 (1.257 seconds behind)
      99 words
    • 131 6 ST POELTEN, Austria U*****,000 ATP tournament final Sunday: 1-Thomas Muster (Aut) b Bohdan Ulihrach (Cze) 6-3 3-6 6-1. BONN Halle men's U*****,000 ATP tournament final Sunday: 4-Marc Rosset (Swi) b 3Michael Stich (Ger) 3-6 7-6 (13/11) 7-6 (10/8). MONTE CARLO AIP lour rankings Monday: 1 Andre Agassi (US) 4,779
      131 words
    • Article, Illustration
      202 6 CROMWELL, Connecticut US$l.2 million Greater Hartford Open final round Sunday (US unless stated): 267 Greg Norman (Aus) 67 64 65 71 269 Kirk Triplet! 64 67 69 69, Dave Stockton 65 68 68 68, Grant Waite (NZ) 66 67 67 69 270 Brian Henninger 66 67 72 65, Don
      202 words

  • PROPERTY & CONSTRUCTION
    • 792 7  -  Hproplrty COLUMN By Lee Han Shih THE worst is nearly over for Hongkong's bleeding office property market, according to the influential American investment bank Morgan Stanley. In its latest Japan and Asia/Pacific investment report released last week, Morgan Stanley Asia said while the Hongkong office market
      Source: Rating and Valuation Department, Morgan Stanley  -  792 words
    • 410 7  -  Junefield Plaza stands on Beijing's up-and-coming commercial district of Xuanwu, reports Abdul Hadhi Abdul Hadhi SINGAPORE Junefield Plaza, a 50-year leasehold commercial development in Beijing, will be launched here this weekend. A spokesman for ERA Realty Network, the marketing
      410 words
    • Article, Illustration
      214 7 Selected transactions in the past week teKfcmiaf I. Miwfcn trwuBon aiWct HW Iwdf (tqft) Twww (SI) WWAT1 JM019,1995 1130 Duneam Garden I Condo3 ""l284 FH 1,380,000 1106 Jun 19,1995 0922 Sophia Apt Condo3 1086 FH 700,000 645 Jun20,1995 2367 Dairy Farm Rd Condo2 1389 FH 825,000 594 Jun 21,1995
      214 words
  • Page 7 Advertisements
    • 203 7 A quick look at the markets. For Financial News, call 1900-913-0001, at 30 cents a minute. #02-00 Delta House PRIME FACTORY SPACE FOR SALE Location Strategically situatea at Alexanara Road/Delta Road Premises The entire 2nd storey of Delta House Strata Floor Area Approx. 36,307 sq ft Tenure Freehold Floor Loading
      203 words

  • Page 8 Advertisements
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    • 377 8 WHERE TO WINE, DINE AND ENTERTAIN I* LUNCH OR DINNER, I FEAST ALL YOU I ICA N I That's over 50 delightful dishes in all! jy >Ak Featuring the best talked about ft seafood and Cantonese cuisine. K All you can eat. Complimentary platter of Suckling Pig and Guiling Herbal
      377 words
    • 315 8 ra/-= =^(51 Taney 'Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining ej^perience. Our lunch menu offers a variety of dian j(in "Beijing dumplings, a selection QtETV of set menus, and 3eijing specialities BfllA sued as Heijing 'Duckl, 'BaHyd Tench and DeSLGSG/ Marinated Lamb, fancy some
      315 words

  • LIFESTYLE
    • 514 9 One of Hollywood's hottest actresses, Sandra Bullock, stars in a thriller on one of today's hottest topics, the Internet UPI VERY few movies are sure things, but The Net is shaping up as close to a certain hit as Hollywood can come. Columbia probably
      UPI  -  514 words
    • 503 9  -  Wataru Sawamura meets the director of a film on the lives and travails of Asian migrant women Wataru Sawamura NYT A MOVIE about a "picture bride" Japanese women who were selected as marriage partners by Japanese emigrants overseas on the basis of their
      NYT  -  503 words
    • 541 9 —I—ac AP AP AF AP AP AS he toured a new children's science exhibit in Wilmington, North Carolina, that bears his name, American basketball superstar Michael Jordan was asked if he could toss stuffed "bugs" into the mouth of a toy
      AP; AF  -  541 words
  • Page 9 Advertisements
    • 159 9 BIMESS LUNCH For only $15.50 per person, you'll get Over 12 varieties of seasonal groenies from our extensive SALAD BAR including dressings, a of freshly baked broads and daily home made soup, A choice of Asian/Local or Wtslem main course, A choice of home made desserts 4 coffee and lea,
      159 words
  • Page 9 Miscellaneous
    • 1144 9 I r. Animal Orphans of th« Peten, A h 9pm, Ch Ciuatemala's rainforest **F^ supplies pet smugglers with most of their inventory. However, a small band of conservationists are fighting to return fl animals into the wild, and to 0 change their countrymen's atti- H tudes towards the forest. The
      1,144 words

  • 481 10 UP TO NOW, investors interested in portfolio investment in Asia have tended to focus almost exclusively on the region's stock markets. The World Bank's just-released study on the emerging Asian bond market makes clear that the picture is going to change dramatically over the coming
    481 words
  • 429 10 IN DECIDING to resign as head of the Conservative Party last week, British Prime Minister John Major put more than his own political future at stake. What his action should help settle is where his party stands on the question of Britain's future in Europe,
    429 words
  • 106 10 FROM time to time, the spirit of volunteerism is being called upon from the bottom of Singaporeans' hearts. Last week. President Ong Teng Cheong raised it among the elders who are still able to help their fellow friends. By the year 2030, it is expected that one fifth
    106 words
  • 171 10 THE PROSPERITY of Singapore in the past years may make many think that if we can do well in our economy, we can obtain all that we need with money. But the fact is, there are many things in this world which money cannot buy. Water, for
    171 words
  • 130 10 THIRD WORLD countries arc used to encountering ethnic, ideological or religious differences within internal groups. Some have managed to contain such differences and prevent conflicts. Others are not so fortunate. In the case of the Philippines, it seems that some unreasonable demands from a dwindling
    130 words
  • 154 10 WHEN hard muscles become limp flesh, action becomes an impossible task. The G-7 summit that ended last weekend reaffirmed this reality. Clearly, the leaders of this rich countries' club have beep sitting back on their lazy chairs for too long. Everyone seemed quite happy to issue
    154 words
  • 94 10 DURING 8th-13th Century Abbasid Caliphate, the mosque was held in such sacred esteem that even delinquent debtors were free to take refuge in it. At the overthrow of the caliphate the last non-hereditary rulers of the empire of Islam the newly autocratic successors clamped down on the
    94 words
  • 887 10  -  Paper producers are recognising the potential of biotechnology to create new products and minimise environmental effects, reports Geoff Nairn Geoff Nairn FT RECENT price rises apart, the long-term future of the pulp and paper industry rests on product innovation and minimising the environmental effects of its
    FT  -  887 words
  • Page 10 Advertisements
    • 3 10 f know Dr^mlandjJ
      3 words
    • 166 10 ■<» 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 some of
      166 words
  • Page 10 Miscellaneous
    • 61 10 .1 iiL tHOR HP*ND GOOD GRPOOJ'S M*. &RISTOUJ\ HE* this J\ o«. OF HBR PNND "We T£P> RocKG^^ s CAMocioy mmmmmuKwm POONESBURY GARRY TRUDEAU ni^r^rzi I KNOW ABOUT m 1} iki WU6OTTATAK£rrOHE I I THfiTCOFM. I U9N6AMMZ ft SBFATAme. j 1 I THING. UJZ I I ASAMO&L J R£nJ*NN6TOTHe PRISON
      61 words

  • ANALYSIS
    • 1340 11  -  Officials call for action to preserve territory's status as the 'New York of the East', reports Anthony Rowley Anthony Rowley The writer, BT's Tokyo correspondent, was in Hongkong recently Hongkong is beginning to worry about maintaining its position as a regional and
      1,340 words
    • 832 11  -  Newcomers enter market on July 1 but advantage lies with the incumbent, reports Michael Steinberger Michael Steinberger The writer is a freelance journalist based in Hongkong THOUGH famed for its free-market ethos, the Hongkong government is only now undoing one of the territory's oldest and largest
      832 words
  • Page 11 Advertisements
    • 239 11 HI JvffffNJr am fur On OppOlmmGnr Jm and present the tut-out 4 couoon to toko odvontooe VWHrlrll INIlw till vIVIIIVIWV k 1 of the benefits now. v LFREE One free consultation and Fat Percentage reading (ZFREE "3-in-1" gift set worth S&70.00 (While Stocks Last) *3.fREE One treatment worth *****.00 THE
      239 words

  • 425 12 NYT PARIS The popular perception that multinational companies are moving production to low-wage newly industrialising countries "is misleading", said a study released over the weekend. "There is little evidence of a shift" in manufacturing capacity away from highly industrialised countries, said the
    NYT  -  425 words
  • 389 12  -  From John Helmer in MOSCOW AS China's Prime Minister Li Peng put his signature to a sheaf of new agreements in Moscow yesterday, more than a quarter of a million Chinese could be looking anxiously at the small print. That is the estimate Russian
    AFP  -  389 words
  • 221 12 Bloomberg Business News Reuter WASHINGTON Home resales increased last month for only the second month this year as falling mortgage rates finally helped draw more buyers to real estate markets. Sales rose in every region except the north-east. Resales advanced a stronger-than-ex-pected
    Bloomberg Business News; Reuter  -  221 words
  • 117 12 AFP CAIRO Egyptian President Hosni Mubarak survived an assassination attempt in Addis Ababa yesterday when his bodyguards killed three gunmen who fired on his motorcade, the information ministry said. Mr Mubarak (right), 67, who has fought a relentless campaign against Muslim militants, escaped unhurt from the
    AFP  -  117 words
  • 62 12 AP MOSCOW President Boris Yeltsin summoned Russian lawmakers to the Kremlin yesterday in hopes of averting a major showdown this week in his power struggle with parliament. Last week, parliament touched ofT Russia's worst political crisis in nearly two years by voting no-confidence in Mr Yeltsin's government
    AP  -  62 words
  • 76 12 Reuter LONDON Diamond giant De Beers Consolidated Mines Ltd yesterday said it had settled its libel case against the British Broadcasting Corporation over the television documentary The Diamond Empire. De Beers, which controls 80 per cent of world diamond production through its Londonbased Central Selling
    Reuter  -  76 words
  • 74 12 AFP LONDON Pharmaceutical sales in the world's richest countries jumped 11 per cent between January and April 1995 compared to the same period in 1994, according to figures released by IMS International yesterday. The sale of drugs in the world's 10 largest markets totalled U5545.5 billion (5563.2
    AFP  -  74 words
  • 63 12 AP BONN The Cabinet yesterday approved Germany's first potential fighting mission since World War 11, sending warplanes and 1,500 troops to reinforce the United Nations blue helmet mission in Bosnia. Parliament is expected to endorse the decision despite leftist opposition. Defence Minister Volker Ruehe portrayed the
    AP  -  63 words
  • 428 12 Reuter CANNES, France The European Commission yesterday called for EU leaders to use their Cannes summit, which opened here yesterday, to reaffirm the schedule for monetary union and agree to tie up loose ends on the scheme by the end of the year.
    Reuter  -  428 words
  • 57 12 Reuter PARIS French economic growth is still slowing down, underlining the difficulties faced by the government in fulfilling its twin aims of boosting jobs and cutting the budget deficit. National statistics institute Insee yesterday said business leaders had said in its June survey that industrial output had
    Reuter  -  57 words
  • 879 12  -  The Bottom Line PAUL MARRIAGE The writer is executive director of Hongkong-based corporate affairs consultancy Forrest International. The views expressed are his own and do not necessarily reflect those of the company Regulating the Hongkong stock market is like trying to
    879 words
  • 236 12 Reuter LONDON Right-wing minister John Redwood yesterday dealt a severe blow to John Major's hopes of clinging to power by resigning from the cabinet to fight the Prime Minister for the leadership of Britain's ruling Conservatives. Mr Major quit and offered himself for
    Reuter  -  236 words
  • 203 12 AP DETROIT Billionaire Kirk Kerkorian, who dropped his hostile bid to buy Chrysler Corp last month, made a US$7OO million (***** million) offer yesterday to increase his huge stake in the carmaker to nearly 15 per cent. Mr Kerkorian, who is already
    AP  -  203 words
  • Page 12 Advertisements
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      46 words

  • COMPANIES & MARKETS
    • 659 13  -  From Ho Kay Tat in KUALA LUMPUR THE Securities Commission (SC) yesterday issued new guidelines on the purchase of foreign assets by Malaysian companies and the listing of stockbroking firms. The move follows closely the capital markets initiatives announced by Deputy Prime
      659 words
    • 471 13  -  From Leslie Lopez in JAKARTA AFTER months of negotiations, Singapore Telecom and Indonesia's PT Bukaka Teknik Utama won the right to develop a telecommunications network in the rugged eastern region of Indonesia. Government and consortium officials say the two
      471 words
    • 480 13  -  By Genevieve Cua SINGAPORE Asia Pacific Breweries is investing roughly US$22 million (5530.7 million) to double the capacity of its joint venture brewery in Vietnam. In a briefing for analysts yesterday, APB chief executive Koh Poh Tiong said the expansion was expected to
      480 words
    • 692 13  -  HOCK LOCK SIEW By Loh Hui Yin BANGKOK When people cannot agree on the numbers, a fierce debate is bound to ensue, especially when not just dollars and cents are involved but also vested interests. This is the case with the plan
      692 words
    • 241 13 SINGAPORE Reflecting the continued retail slowdown, listed retailer CK Tang has suffered its second consecutive year of losses. The group yesterday reported marginal sales growth of O.S per cent to $181.33 million and a 29.9 per cent jump in
      241 words
    • EYE on your STOCKS
      • Article, Illustration
        52 13 Lethargic '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 S
        52 words
      • Article, Illustration
        102 13  -  By Paul Leo THE strong interest in Sin Soon Huat is unlikely to be sustained over the next few weeks. Technical factors are neutral even though yesterday's volume of 1.01 million shares is 35 times the 10-day average of 28,600 units. Daily and weekly Relative Strength Indices are
        102 words
    • COMPANIES
      • 87 14 SINGAPORE The net earnings of Pan Pacific Public Co dropped 46 per cent to $406,000 for the year ended March 31. Turnover rose 48 per cent to $42 million. At company level, net profit was 1.6 million, compared to a loss of 111,000 in 1993.
        87 words
      • 45 14 SINGAPORE United Engineers has increased the paid-up capital of its wholly owned subsidiary United Engineers Developments from $2 to $25 million, by way of capitalisation of its current loans to UED. United Engineers said the investment was financed internally.
        45 words
      • 104 14 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange has amended the minimum bid definition to the terms and conditions for trading under Score. A KLSE statement yesterday said minimum bid meant the permissible change on the offer to buy price over the previous done or quoted
        Bernama  -  104 words
      • 563 14 taipri' prim Jun 27 Sh Greater China Fd 100® Mcndaki Or Fund 1.02 1 05® amgapore unit iru$t us or Fund roe iioThe Commerce 1-57 l.66xd IIAB A The Savings Fund 1.51 160 W® Mf* LU1 S pore Prog Fund 0.61 0.65 Unifiind 1.43 1.50 Spore See Fund 09* 1.04
        563 words
      • 493 14  -  Borrowings to finance takeover of Mt Elizabeth and other Tenet hospitals By Catherine Ong SINGAPORE Parkway Holdings and its subsidiary Gleneagles Hospital are raising nearly Sss4o million in bonds and notes issues to finance the Tenet hospitals deal and for working capital.
        493 words
      • Article, Illustration
        43 14 Reuter JAKARTA Indonesians jostling to buy shares of local conglomerate PT Bimantara Citra. The company yesterday launched its initial public offering of 200 million shares. Bimantara is the flagship of the corporate empire of President Suharto's second son, Bambang Trihatmodjo. Renter
        Reuter  -  43 words
      • 322 14 SINGAPORE Recentlylisted PT Hexindo Adiperkasa is getting two new shareholders Hitachi Construction Machinery and Itochu Corp of Japan. The heavy equipment distributor said last week that the Japanese companies plan to acquire up to 20 per cent of its shares. The
        322 words
      • 213 14 Bernama MANILA The government has approved a revised blueprint to pave the way for the privatisation of the Manila Hotel, one of the great luxury heritage hotels in Asia with a history dating back to 1912. The revised plan calls for
        Bernama  -  213 words
      • 273 14 Bernama KUALA LUMPUR Tai Wah Garments Manufacturing Bhd, in a move to strengthen its earnings base, is diversifying into construction, property development, property investment and management. A company statement here yesterday said it is proposing to acquire: Likas Commercial Complex for MSB 6
        Bernama  -  273 words
      • 347 14  -  From Ho Kay Tat in KUALA LUMPUR SISTEM Transit Aliran Ringan Sdn Bhd (Star) in which a Singapore govern-ment-owned firm Apfin Investment Pte Ltd has a 5 per cent stake yesterday signed an agreement to build the M 52.2 billion
        347 words
      • 344 14 SINGAPORE Singapore companies including govern-ment-controlled Temasek Holdings and related Firms have taken control of one of Australia's biggest property groups. Temasek-controlled DBS Bank and its property arm DBS Land have acquired a combined 70 per cent stake in the Australian
        344 words
      • 201 14 SINGAPORE Pacific Century Regional Developments has entered into agreements with Indian conglomerate Videocon International to develop three properties in Bombay worth $370 million. The projects involve commercial and residential development with total saleable floor space estimated at 1.3 million sq ft. Work on
        201 words
      • 455 15 Bloomberg Business News HONGKONG After its share price dropped more than 6 per cent last week, developer HKR International lashed out at Morgan Stanley Asia for double downgrading its stock. Last Wednesday morning, Morgan Stanley Asia managing director Peter Churchouse downgraded HKR
        Bloomberg Business News  -  455 words
      • 406 15 Bloomberg Business News Reuter MELBOURNE National Mutual Life Association of Australasia Ltd yesterday began a campaign to convince its 1.25 million policyholders that the proposed takeover by France's AXA SA is the best insurance policy for the company's future. Selling the
        Bloomberg Business News; Reuter  -  406 words
      • 154 15 Bloomberg Business News HONGKONG The chairman and managing director of Cheerful Holdings, Johnny Chee Jing Yin, was censured by the Hongkong Stock Exchange for failing to disclose loans made by a Cheerful subsidiary to a company controlled by Mr Chee and his wife, the
        Bloomberg Business News  -  154 words
      • 284 15 Reuter SYDNEY The Australian Stock Exchange (ASX) is seeking to establish stronger ties with the New Zealand Stock Exchange (NZSE) and sees the possibility of an integrated Australasian market, said ASX chairman Maurice Newman. "The possibility of an integrated Australasian market with
        Reuter  -  284 words
      • 64 15 Reuter PARIS French cosmetics company L'Oreal said yesterday it was negotiating to buy Societe Jade Cosmetic from the German chemicals group Hoechst AG. L'Oreal and Hoechst signed a letter of intent on Friday, but the terms were not disclosed. Jade's 1994 turnover was 210 million
        Reuter  -  64 words
      • 81 15 Bloombere Business News AMSTERDAM Royal KNP BT NV said it expects to raise between US$l2O million (Ssl67 miUion) and US$l4O miUion by selling a 30 per cent stake in BT Office Products International Inc on the New York Stock Exchange by mid-July. The
        Bloombere Business News  -  81 words
      • 65 15 Bloomberg Business News HONGKONG Great China Holdings, a property investment and management company, said its net profit rose 187 per cent to U5539.6 million (5555.2 million) from US$l3.B miUion during the six months ended March 31. Earnings per share rose to 15.15 US cents from
        Bloomberg Business News  -  65 words
      • 54 15 AFP SEOUL South Korean chip giant Samsung Electronics said yesterday it has agreed with General Instrument Corp of the US to co-develop a key multimedia chip set. "With this agreement, Samsung Electronics can provide full chip set solution for digital video applications," a
        AFP  -  54 words
      • 60 15 Reuter BOMBAY Indian petrochemicals company Reliance Industries concluded a US$l5O million (Ss2o9 million) bullet bond from three banks Union Bank of Switzerland, ABN Amro Bank and Bank of America, bankers said. The loan, at Libor plus one per cent, is repayable in one
        Reuter  -  60 words
      • 80 15 Bloomberg Business News LONDON WPP Group pic, Britain's largest advertising company, said worldwide revenue rose by more than 8 per cent in the first five months of 1995. WPP's J Walter Thomson and Ogilvy Mather worldwide units boosted revenue by more than 10 per
        Bloomberg Business News  -  80 words
      • 171 15 Reuter SEOUL Shares of Inchon Investment and Finance Corp went limit-down yesterday on news that an Inchon employee had allegedly diverted millions of dollars from the call money market, brokers said. Inchon Investment lost 5.99 per cent or 1,300 won
        Reuter  -  171 words
      • 394 16 NYT NEW YORK Stung by a series of setbacks and losses last year, Goldman, Sachs Group is working to restore its r fortunes, and is focusing on a particularly hot investment banking area: communications, media and technology. Late last week, Goldman
        NYT  -  394 words
      • 462 16 Bloomberg Business News FT MILAN Former Italian premier Silvio Berlusconi could become a shareholder in Australian media magnate Rupert Murdoch's News Corp in exchange for News Corp taking control of Mr Berlusconi's Italian television interests. A spokesman at Mr Berlusconi's Fininvest
        Bloomberg Business News; FT  -  462 words
      • 266 16 Reuter TOKYO Japan's Asahi Breweries and Miller Brewing Co, the second largest brewer in the United States, yesterday said they had agreed to form a wide-ranging strategic alliance in world beer markets. Asahi, Japan's second biggest brewer, will obtain exclusive rights to produce and
        Reuter  -  266 words
      • 505 16 High copper prices give steel, mineral giant a major boost Reuter MELBOURNE Soaring copper prices are forecast to have helped hoist The Broken Hill Pty Co Ltd's profits by up to 30 per cent for the year to May 31. Analysts said the steel,
        Reuter  -  505 words
      • 197 16 Bloomberg Business News MINNEAPOLIS United HcalthCarc Corp said it agreed to acquire closcly held MctraHcalth Co for about US$l.65 billion (552.3 billion) in cash and stock, creating the country's largest healthcare management services company. United HcalthCarc, a Min-neapolis-based health-care management services company, said the
        Bloomberg Business News  -  197 words
    • FINANCE & COMMODITIES
      • 409 17 FT LONDON Barings violated the Bank of England's guidelines on foreign exchange exposures for most of 1994, according to internal documents obtained by investigators into the UK bank's collapse. Two memoranda dated last Nov 28 from lan Hopkins, head of
        FT  -  409 words
      • 388 17 AFP BOMBAY The looming cash crunch in Indian capital markets will put strong upward pressures on interest rates for at least the next year, hurting markets and government budgetary targets, analysts here said yesterday. The Investment Credit and Investment Corp of India
        AFP  -  388 words
      • 250 17 Reuter Bloomberg Business News BEIJING The Chinese special economic zone of Shenzhen has set up the first commercial bank under a new commercial bank law, the China News Service said yesterday. The Shenzhen City Cooperative Commercial Bank has registered capital of 1.8 billion
        Reuter; Bloomberg Business News  -  250 words
      • 196 17 AFP TAIPEI The Asian Development Bank (ADB) is planning to launch here Taiwandollar denominated "dragon bonds" worth US$lOO million (SSI39 million) late next month, a top banking official said yesterday. Paul Chiu, deputy governor of the Central Bank of China (CBO, said it
        AFP  -  196 words
      • 301 17  -  By Soh Tiang Keng SINGAPORE Ampro Holdings (Ampro), a body closely linked with the Association of Muslim Professionals, has tied up with NTUC Income, to offer takaful Islamic insurance. The product will be launched within the next three months, an Ampro spokesman .told
        301 words
      • 522 17 Knight-Ridder SINGAPORE Bank Negara probably will not follow the US Federal Reserve if the Fed decides to ease monetary policy at its July 5-6 Federal Open Market Committee meeting. Any Fed easing would result in a narrowing of
        Knight-Ridder  -  522 words
      • 454 18  -  Talk of China lowering import tariffs said to be unfounded By Siow Li Sen SINGAPORE Rubber prices, which have been rising for more than two weeks now, are expected to fall after July 2 because talk of a reduction in
        454 words
      • 185 18 Bloomberg Business News SINGAPORE Phillips Petroleum International Corp Asia has halted flows from the offshore Xijiang oil field after a pipeline rupture, several oil traders in Asia said yesterday. The field, located in the South China Sea about 128 km south-east of Hongkong,
        Bloomberg Business News  -  185 words
      • 290 18 Bloomberg Business News FRANKFURT Dresdner Bank AG and Kleinwort Benson Group pic said yesterday they had agreed for Germany's second-largest bank to acquire the UK merchant bank for about £1 billion (552.23 billion). Dresdner is paying 725 pence per share in cash
        Bloomberg Business News  -  290 words
      • 322 18 Reuter LONDON Oil prices look unlikely to recover in 1995 from their sharpest decline in a year amid signs that speculative funds are ditching their oil investments as worries about oversupply intensify. Desertion by the financial funds, which have been pulling out of commodities generally,
        Reuter  -  322 words
      • 169 18 Reuter LONDON The dollar was holding steady at European mid-session as it fouoht to dispel the cloud of market gloom overhanging the US-Japan car trade negotiations. But analysts said the US currency might be supported by the fact that the market had largely discounted a negative outcome from the
        Reuter  -  169 words
      • 79 18 AFP NEW YORK The dollar climbed against the British pound yesterday following a leadership challenge to British Prime Minister John Major posed by former Welsh Secretary John Redwood. At 1335 GMT, the greenback had risen to 0.6272 pounds sterling (0.6223). Against the German and Japanese currencies, it was
        AFP  -  79 words
      • Article, Illustration
        1239 18 Trade-weighted index calculated against Spore s lop 14 trading partners Bate year 1985 US$/S$ forward rates Noon /Jun 26 SS Bid Offer 1-month 1.3916 1.3929 2-month 1.3863 1.3878 3-month 1.3818 1.3831 6-month 1.3699 1.3717 Sourtr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m Jihi 2t: Singapore dollars
        1,239 words
    • COMMODITIES & FUTURES
      • 1313 19 Reuter SINGAPORE Simex Eurodollars ended mixed and Euroyen futures were firm in light trade. Dealers said Eurodollars was range bound with little fresh news to move it. "All the important economic numbers are out, so there is little to move the market/' said a Japanese
        Reuter  -  1,313 words
      • 694 19 COMMODITY REPORTS Rubber TOKYO: Rubber futures ended slightly weaker, in reaction to the lower expiry of the spot contract at noon, traders said. Prices ranged from 0.3 to 0.8 yen per kg lower, with benchmark November finishing 0.7 easier at 128.8. The spot
        694 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 86 19 TOKYO This week's outlook for Japan's soybean buying has been clouded by a rise in Brazilian and US basis levels as well as strengthening freight rates on the US Gulf-Japan route, traders said. Taiwan, Indonesia and Malaysia are generally well covered and are unlikely
          86 words
        • 81 19 BEIJING Government trade figures show China imported more aluminium but less copper in the Jan-May period compared with a year ago. For the same period, exports of both metals soared, data from the General Administration of Customs of China showed. The data showed a 230.9 per
          81 words
        • 59 19 SYDNEY The MM Cables division of Metd Manufactures of Australia yesterday reached an. agreement with Vietnam's National Post Telegraph to supply 2,000 tonnes of copper telecommunications cable to the state-run telephone service. The contract is to run over 18 months and is valued at AS26 million (Ss26
          59 words
        • 92 19 NEW YORK US 1995 coffee roastings through.! June 17 reached 7.7 million 60 kg bags, down from I 7.8 million bags in the same period of 1994, ac-' cording to data compiled by Complete Coffee Cov- erage. Roastings for the week ended June 17 stood at
          92 words
    • 1382 19 SICOM Futures Jun 26 PIqfiICII PricM (Mm d—If m at 5.3tpa) S^N^CY RSS1 Caatract (S cents/kg) teal 12mm (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest RSS 2 Jul 95 2I2.SO 2I3.50N jS I I 213.50 I 200 RSS 3 Jul 95 212.00 213.00N Aug
      1,382 words
    • REGIONAL STOCK MARKETS
      • 829 20 +7.2 SHARES closed higher yesterday as investors anticipated impending balance of payment data and the annual results of market leader BHP. "There is a lot happening this week. We've got the end of the financial year on th£ 30th, the current account deficit on Friday and we've also got
        829 words
      • 425 20 -3.69 Share prices fell back as investors remained skittish one day before local elections. U A wait-and-see mood prevailed across the board, heightened by a tight monetary policy, which traditionally follows the elections," said a dealer. The Composite Price Index dropped 3.69 points to 868.77. Turnover was 21.52 million
        425 words
      • 80 20 -41.81 Shares finished lower as speculators sold in end*ccount trade. Brokers said speculators liquidated their positions in index shares as today is the last day of the current account. "Speculators who took buy positions expecting forward trade to return to Indian exchanges are getting out. There's not much participation
        80 words
      • 562 20 •IS.II Stocks closed lower on thin volume, as lack of fresh news kept investors on the sidelines. The PSE Index lost 18.11 points to 2,754. 61. Turnover was 3.6 billion shares valued at 772.6 million pesos. Power retailer Manila Electric Co A shares lost two pesos to 170, while
        562 words
      • 493 20 +17.39 Share prices dosed higher for a fourth consecutive winning ses- sion, with electricals enjoying the largest gain. Investors expect the central bank to take an easier money policy in the near future after the island's May money supply slid to a 52-month low. The 321-issue Weighted Price Index
        493 words
      • 374 20 -4.68 Shares declined as concerns that a slowing economy and a high currency will reduce corporate earnings kept international investors at bay. Foreign investors own 53 per cent of New Zealand shares and usually dominate trading, particularly in stocks like Telecom and forester Carter Holt Harvey. "We're not
        374 words
    • WORLD STOCK MARKETS
      • 646 20 -70-2 SHARES closed sharply lower yesterday, sinking under the weight of political uncertainty as the struggle for Britain's top job became ever more tumultuous. The FTSE-100 Index closed at 3,309.2, down 70.2 points. Volume was 415.1 million shares. Analysts said the market was deeply concerned when a serious challenger
        646 words
      • 141 20 +7.37 French shares finished with i gains, after a thin day's trading, with business being driven mainly by bond mar- kets, traders said. The market had shown some volatility in the day and disappointed operators who had hoped investors would buy stocks at the start of the new July
        141 words
      • 190 20 +6.96 German stocks closed ix mixed as gains in dollar-aen- sitive export stocks offset a concern that inflation may be accelerating faster than a expected. "Housing sales in the US v were stronger than expected which pushed the bond t market back up," said a trader. "That helped the
        190 words
      • 224 20 -5.23 Belgian stocks fell to a 10day low, tracking bonds lower as hopes faded that German and US interest rates would be lowered anytime soon. Traders said a weak dollar also hurt the shares of companies such as wire maker Bekaert which have large dollar-denominated sales. Even so, the
        224 words
      • 150 20 •71 Italian shares close weaker in tiny trading volumes as investors await fresh ideas. The Mibtel Index closed down 71 points to 10,011. Turnover was about 300 billion lire. "Foreign funds are still selling, but with volumes this subdued anything could happen," a trader said. Dealers said the market
        150 words
      • 244 20 +2.08 Dutch shares closed slightly firmer shrugging off losses in neighbouring markets as financial stocks and Royal Dutch forged ahead. The AEX Index closed 2.08 points higher at 437.01. Dealers said that heightened expectations for lower interest rates had drawn money into financial groups such as ABN Amro, which
        244 words
      • 87 20 -2.06 Swedish stocks were mixed, with telecommunications company Ericsson dropping so much it prevented the bourse from reaching its fifth consecutive all-time closing high. The OMX Index fell 2.06 points to 1,285.83. Nine shares fell, 15 rose and six were unchanged. Stockholm JaX Sfcj Aam MO 00 mmk AM
        87 words
      • 245 20 -7.4 Swiss stocks fell as Swiss Re lost ground after it was downgraded by Credit Suisse. Swiss Re fell 2.6 per cent to 908 francs as its rating was cut to "neutral" from "overweight". "There's been a lot of very good news (for Swiss Re) but it is all
        245 words
      • 322 20 +25.$ South African shares dosed surprisingly higher after a slow day amid a number of depressing factors, and dealers were at a loss to explain the interest. "I don't know it's coming from but trade is very thin,** a dealer said, noting the softer gold price, stronger rand and
        322 words
      • 237 20 -8.70 Stocks weakened early on sagging gold shares and sluggish bonds, but Toronto may get help from gains on Wall Street, traders said. The TSE 300 Composite Index fell 8.70 points to 4,536.00 on volume of 12.5 million shares valued at Csl42 million. Declining stocks defeated advances 178 to
        237 words
      • 690 20 Stock prices turned slightly lower in quiet trading as the market struggled to shake off pressure from bonds initial weakness. The Dow Jones Industrial Average, which eased 3.80 points on Friday, was down 4.15 to 4,581.49 at 1 lam EDT. The key barometer was Ave ahead shortly after
        690 words
      • 619 20 Oiitmdi Fwds State Cash Mi Ofltr MiBCvDMl 11.6400 1*4500 Mia Icncr <j* 0 1W1 0.1992 Mia Mai Inw *0.9100 *0 <500 USSGak lacoat Ptaa Tmm4 10 MOO 11.1400 n I Rear* Fwmt 1)100 3 5200 EwofSinan .0.45*2 0 4911 Far Eaa Faad *2 7450 *2 *7 )0 Maa Portfolio 1.9910
        619 words
      • Article, Illustration
        2567 21 Bloomberg Business News HONGKONG Stocks fell after Friday's durable goods report in the US indicated interest rates are unlikely to be reduced next month. Trading was the quietest in eight weeks. The Hang Seng Index dropped 23.11 points to 9,201.25, with HKJI.64 billion worth of shares changing hands. The
        Bloomberg Business News; Source: Bridge Info  -  2,567 words
      • Article, Illustration
        543 21 CLSA IN Hongkong, the H share index lost 9.72 points at 1,143.22. on turnover of HK542.2 million. Zhenhai Refining was the day's best performer, up 5.5 per cent, while Harbin was the worst performer, down 4.8 per cent. The Shanghai B Index closed down 0.1 per cent on turnover
        CLSA  -  543 words
      • Article, Illustration
        2483 21 Bloomberg Business News TOKYO Stocks slipped as escalating US-Japan trade tensions and doubts about the substance of an economic support package due today sapped investor confidence in Japan's nascent economic recovery. "People are quite cynical," said a trader. "We've had lots of packages and promises from the government over
        Bloomberg Business News; Source: Bridge Info  -  2,483 words
      • Article, Illustration
        1426 21 Reuter BANGKOK Shares closed lower in quiet trading due to lack of buying support. The SET Index closed down 13.35 points at 1,382.42. Trading was thin with 72.8 million shares worth 5.75 billion baht changing hands. Losers led gainers 216 to 62. "Most market participants were staying on the
        Reuter; Source: Bridge Info  -  1,426 words
      • Article, Illustration
        1166 21 Reuter JAKARTA Shares ended lower in extremely thin trading, as players were seen mostly staying on the sidelines and most locals focused on Bimantara's 200 million share offering, brokers said. The Composite Index fell I.BS points at 489.81. "Local players were staying on the sidelines. They appeared to focus
        Reuter; Source: Bridge Info  -  1,166 words
    • 2292 22 Gr Gr MS Urt Vd to LalQaaa n> ot> ym nm mq» Hlah Um Ollll II Sate CMS) Hi* La. Safer (V P/E Sail MALAYSIAN STOCKS 47* IN a AOS 30c 37* 227 312 J74 37* 371 1.0 -19 0t2 315.4 127 77.3 AMD* 30c 97 9 100
      2,292 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 6685 22 Bloomberg Business News KUALA LUMPUR Stocks fell a third day, led by declines in power utility Tenaga Nasional after a Are disrupted the power supply to Penang. The fire early yesterday morning cut all nine power lines running under the Penang bridge,
        Bloomberg Business News; Source: Bridge Info  -  6,685 words
    • STOCK EXCHANGE OF SINGAPORE
      • 8553 23 I MAIN BO AM) 1 *>■■■ Cf Cf M Wl '99S Lul Val Day last Quote D«> Di» VW N«| Cm A«g High U- Cwm») Sail >/- i TO) High U* Buyer Setter C%r nr. M Frfca INDUSTRIAL AND COMMERCIAL 4*8 1382 ml s Aetna SOc 470 cd >8 76
        8,553 words
      • 1867 24  -  By Quak Hiang Whai SINGAPORE Amcol Holdings and Yeo Hiap Seng who is eyeing them? This was basically the question at the back of most investors' mind yesterday as speculation continued to build around the two companies. It was otherwise a dull
        ChansCharts by Bridge Info; Source: Bloomberg  -  1,867 words
  • Page 13 Advertisements
    • 11 13 Parkway, Gleneagles raising $540 m in bonds and notes, pg 14
      11 words
    • 426 13 NEWS VALUE Quek Leng Chan mounts takeover bid for YNS (pg 1) $4.70 a share is considered a good offer but with the heavyweights among the offerors, YHS share price could well move beyond takeover price. Analysts expect S'pore growth to pick up in 2nd quarter (pg 1) Surprisingly bullish
      426 words

  • Page 14 Advertisements
    • 196 14 fl Cheques with Forged I y Signatures are common incidents v k\/ HOW TO PREVENT THEM j fc\ FROM HAPPCN,NG? What will happen if your signature is forged \V on a stolen blank cheque and is cleared? o0 V° ur ow funds is withdrawn through forged cheques, your company will
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    • 93 14 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
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  • Page 15 Advertisements
    • 55 15 jr. —7 r I Xk T I I fJm I <■ IB /If M Am—A 1 ■»s>* I I GET IT NOV Available at newsstands Times the Bookshop NTUC Supermarkets 7-Eleven stores STOP PRESS kiosks Browse gm Buy at post offices Shell Esso Caltex Mobil SPC BP Published by Times
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    • 212 15 I' g BB B II 1 I I B I B Hgfl H V I I I fI! 111 n ||I| I B mm MB I I L J I m. w M ■H 818 1J VTXH H| InflllMl>ll illl b A KTnMPHKTtfrik. > .n a.A A ■I i HI
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  • Page 16 Advertisements
    • 1288 16 I KREDIETBANK N.V. I (Incorporated in Belgium) I Consolidated Annual Accounts I H As At 31 December 1994 Balance Sheet After Profit Appropriation Profit and Loss Account I H ASSETS 1994 1993 1984 1003 H (in BEF 000) (in B£F *000) (in BEF 000) (in B€F 000) H Cash in
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    • 166 16 Hurray! Violet Oon's Kitchen is now in Holland Vifcge!!! g. I^Jlll^fll Jjj 3-F Lorong Liput "I heard you can get her famous Shepherd's Pie and those deicious Nonya dishes she cooks. Guess where the food for my party on Saturday is coming from?" Wo sorvo only the best f00d... [\t
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  • Page 17 Advertisements
    • 125 17 :.dK I Sandwiches Warm "My mood was as black as my double espresso. But then in came that Texas Ranger to The Mezzanine,- a hunk of homebaked beer bread drizzled in Southern-style chilli butter, reclining on a bed of dew-fresh romaine lettuce and sliced kosher pickle. And that beer-basted chicken
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  • Page 18 Advertisements
    • 429 18 >» PAN PACIFIC HOTEL, SINGAPORE < SPECIAL PRESENIAJION YABhg TUN DAIM ZAINUDDIN, Coordinating Minister for Triangle Project, Molaysia Economic Adviser to the Malaysian Government. BWMTWIWM GROWTH OPPORTUMTES M THE EAST ASEAN GROWTH AREA (EAGA) SABAH: THE GATEWAY STATE TO THE EAGA NVESTMENT OPPORTUNITIES W LABUAN THE NTONAJIONAL OFFSHORE HNANOAL V;
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    • 49 18 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, caH Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
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  • Page 20 Advertisements
    • 102 20 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers
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  • Page 21 Advertisements
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  • Page 24 Advertisements
    • 38 24 A quick look at the markets. For Financial News, call 1900-913-0001, at 30 cents a minute. To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 19^-91^-0003, y II at 30 cents a minute. J
      38 words
    • 488 24 TOLL-FREE TEL. No. 1-800-741-1883 lAX 741-1298 IN THE MATTER OP THE COMPANIES ACT. CAP. SO AND IN THE MATTER OP GLOPAC TRADING PTE LTD (la Meaiben' Voluntary Liquidation) Al an Extraordinary General Meeting of Glapac Trading Pte Lid duly convened and held on 22nd June 1993, the following Special Resolution
      488 words
    • 308 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF A.G.SINGA ENTERPRISES PTE LTD (M MEMBERS' VOLUNTARY LIQUIDATION) Extract ol the Minutes of an Extraordinary General Meeting ol the member* of A.G. Singa Enterprises PtaLW held at 1 Pt*«p Straat #08-00 Lippo Cantra Singapore 0104 on
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    • 354 24 Prime Freehold Residential Development Site For Sale By Tender Location Along Newton Road, near Newton MRT Land Area 2,636.7 sa m (Approx 28,381 sa ft) Tenure Estate In fee simple Plot Ratio 2.8 Height Restriction Up to 30 storeys Tender Closing Date 12 noon, 30th June 1995 For Tender Documents
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    • 294 24 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF SHOUCANG HOLDING (SEA) PTE LTD (la Members' Voluntary Liquidation) At sa Extraurdiaary General Meeting of tke sboveaassed Company daly coaveaed sad keld si No. 6 ladasßoad Type O Tower 1 #07-07 Emerald Park Singapore 0316 oa
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    • 186 24 Singapore Closing Share Prices 26/06/1095 CLOM PMV LOW MOM UM UK UN UM WW/ M»MIHUII 7.64 7.00 7.t0 7.M pEUI xan in Myrm O.OIS O.M OJN 0.93 SSSS Nimfcim ux I.M i.»i til I.M EZSMS MHwhi Ortantat i.m 1.14 1.08 1.14 0.444 0.444 0.44 0*47 Published by Jar dine Fleming
      186 words

  • BusinessTimes ShippingTimes
    • 532 25 Knight-Ridder Reuter GRAIN fixtures featured strongly in the dry cargo freight market as the Baltic Freight Index (BFI) moved back above 2,000 for the first time since June 8, but the increase was a mere two points to 2,001. PANAMAXES: Toepfer fixed its mid-July Panamax grain order from
      Knight-Ridder; Reuter  -  532 words
    • 142 25 AP MANILA With more than 50 agencies dealing with maritime matters, questions of "who's in charge" have led to recommendations for creation of a single leading department, the Coast Guard said on Sunday. More than 15 agencies now deal with checking on the competence
      AP  -  142 words
    • 318 25 SES '000 Jm 26 S$ TT- Vol CWT Distribution 1.59 unch 2 CWT Distribution A 1.51 Chuan Hup Holdings 1.12 unch 51 Cosco Investment 1.74 -0.03 14 Cosco Investment A 1.74 Far East Levingston 6.55 -0.05 278 GB Holdings Ltd 0.76 -0.04 12 Hai Sun Hup Group 0.82
      318 words
    • 471 25  -  By Rahita Elias SINGAPORE A coastal freighter missing since Friday night while carrying US$2 million (Ss2.B million) of cargo is said to have been seized by a Chinese patrol boat. William Tay, the owner and managing director of HM Shipping and
      471 words
    • 50 25 AFP SHANGHAI A cargo barge "Mfclag its way dowa Shanghai's heavily polluted Suzhou river on Suaday. Shanghai, once called the Paris of the East, plans to turn the river into a River Seine where locals can relax and enjoy themselves. AFP
      AFP  -  50 words
    • 251 25 SINGAPORE IMC Holdings Ltd and Thailand's Unithai Line Ltd (UTL) are forming a joint venture company to buy four Unithai vessels for U5532.5 million (5545.4 million). In a statement issued from its headquarters in Hongkong last week, IMC said that it would
      251 words
    • 282 25  -  By Harish Mehta SINGAPORE Cambodian Customs have seized a Singaporean cargo ship on charges of smuggling and imposed a US$l.5 million (552.09 million) fine on the shipowner. An executive of Singaporebased Vasan Shipping and Trading confirmed its vessel Gena was under the control
      282 words
    • 65 25 Reuter TAIPEI The board meeting of Taiwan's leading steel maker China Steel Corp has decided to set up its own shipping firm to import raw materials and maximise the company's efficiency, a company statement said. China Steel already has four ships, each of
      Reuter  -  65 words
    • 357 25 Knight-Ridder AMMAN The Jordanian government is implementing a series of measures to enhance the competitiveness of the Red Sea port of Aqaba against Israel's Mediterranean ports, according to Jordan's Transport Minister Samir Kawar. Mr Kawar told prominent
      Knight-Ridder  -  357 words
    • 274 25 Reuter TAIPEI Chinese officials have agreed to draft guidelines on direct voyages between Taiwan and China so that Taiwan can begin operating an "offshore transhipment centres" project, a Taiwan leader said on Saturday. "Chinese shipping officials and we have exchanged
      Reuter  -  274 words
    • 408 25 Bernama KUALA LUMPUR Penang has a "golden opportunity" to become the most efficient port in the country, Transport Minister Ling Liong Sik said on Sunday. He said that the North Butterworth Container Terminal, which became fully operational yesterday, and the Butterworth
      Bernama  -  408 words
    • 275 25 Knight-Ridder LONDON Standards of training for seafarers will be discussed at a two week conference which opened at the International Maritime Organisation in London yesterday. The conference, which will run till July 7, will consider amendments to the International Convention on Standards of
      Knight-Ridder  -  275 words
    • 104 25 AFP SEOUL North Korea has requested that a South Korean ship carrying 2,000 tonnes of rice to ease the communist country's food shortage change its port of delivery, government officials said yesterday. The South had agreed to the requested change
      AFP  -  104 words
    • 656 26  -  Shipping between a company's own facilities can be as tricky as dealing with an outside company. Bob Mottley reports Bob Mottley American Shipper HOW do multinational corporations ship and bill to themselves, between their United States offices and ffoilities overseas? [Answers from sourcing and logistics executives
      American Shipper  -  656 words
    • 323 26 Page •ANL 3 Able 7 Accord 10 •Ahlerc 6 •Ahrcnkiel 4 •Appenship 4 Astro 10 Austral II Avant 6 BSA II Batamindo 7 Bright Express 6 •CCNI 4 •CM A II •COSCO 7 •CSAV 3 Centenary 7 Central Ex 11 Chahaya 4 •Cho
      323 words
    • 10610 32 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement ETA ETA MwiMwr VmmI Voyaga P| SM Oast* Hmm Nmm
      10,610 words
    • SHIPS IN PORT
      • 495 37 im* toy* Mi tetni D*«tev m SmgNrt Setam MM H207 J2 27.06/2300 J*m Mil 11/95 J3 27.06/2300 Mm Jaya 26/6/% JB atoogsOt 27 06/0600 «Ve 8* J1 atones* 27 06/2300 Awndc 06/11/% J1 atones* 27.06/1300 4|vya Sakb ill *«s* 27.06/2300 *****5 111 MM«S* 2706/2300 Mm 07/35 J1
        495 words
      • 1484 37 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Rac«4 BmMii/Umm 1Mb 8# Hi Hi E»/Hr N»t»< Fi— T> Fti to Oovw 001B 27/1500 LA 26/1500 26/1659 26/1900 to Smm 176A 28/1000 18 26/1500 26/1659 26/1900 4 27/1200 27/1459 27/1700 Aft Mrade ***** 29/2000 2B 26/1700 27/0659 27/0900 4
        1,484 words
      • 850 37 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
        850 words
    • Air & Land Transport News
      • 388 38  -  By Alec Almazan SINGAPORE The International Finance Corporation (IFC) has approved a US$5O million (Ss7o million) investment in Bangkok's mass transit rail system. The funds will be channelled through the Bangkok Mass Transit System Corporation Ltd (BTSC), the Wash-ington-based lending agency said in
        388 words
      • Article, Illustration
        51 38 Reuter GAN ISLAND, The Maldives Rolls of chain-link fencing being unloaded at Gan Island from an An-12 transport aircraft run by Sky Cabs. The private Sri Lankan airline launched a direct international cargo service to this tiny Maldivian atoll in the middle of the ludian Ocean on Sunday.
        Reuter  -  51 words
      • 395 38 Bloomberg Business News AP SYDNEY The Australian government won't impose a threatened load limit on Cathay Pacific Airways flights between Sydney and Hongkong until Aug 1, the carrier said. The government told the Federal Court of Australia yesterday that it will
        Bloomberg Business News; AP  -  395 words
      • 223 38 Reuter SHANGHAI The Shanghai Automotive Industry Corp, China's largest carmaker, posted a 13.S per cent rise in profits in the first five months of this year compared with the same period last year, the Wen Hui Bao newspaper said on Saturday. Net earnings reached
        Reuter  -  223 words
      • 218 38 AFP SHANGHAI MercedesBenz is planning to invest at least one billion marks (SSI billion) if selected to manufacture China's family car, a company official said here yesterday. Karlheinz Michel, president of Mercedes-Benz China Ltd, told reporters that the company had entered
        AFP  -  218 words
      • 211 38 AFP ALGIERS Air Algerie, the Algerian national airline, has announced plans to sue the management of Paris airports over a decision to transfer its operations from Orly, south of Paris, to Roissy-Charles de Gaulle airport, north of the city. In a statement issued
        AFP  -  211 words
      • 274 38 AFP HONGKONG Aviation authorities in eastern China plan to built at least 18 more airports in the region in the next 10 years to meet growing demand, it was reported yesterday. Wu Xisi, deputy director of Eastern China Civil Aviation
        AFP  -  274 words
      • 271 38 Knight-Ridder BOMBAY The head of Maharashtra state's ruling party, Bal Thackeray, is opposing his government's plan to expand airport facilities at Bombay, the United News of India said. Last week, the state government's Sicom and a consortium led by the UK-based Indian Hinduja
        Knight-Ridder  -  271 words
      • 110 38 Bloomberg Business News HONGKONG Hongkong will renew China Motor Bus' franchise, the South China Sunday Morning Post reported. According to the paper, 14 of the bus company's routes will be cut, including the highly profitable cross harbour route, leaving the company with 70 routes
        Bloomberg Business News  -  110 words
      • 176 38 Reuter ROME Alitalia pilots, cabin crew and ground staff staged a 24-hour strike yesterday to press their protest against a restructuring drive at Italy's state airline. Alitalia said 50 per cent of its services would be affected by the stoppage, which follows a wildcat strike
        Reuter  -  176 words
      • 82 38 Reuter RIO DE JANEIRO Two sailors were killed in an explosion in the air-conditioning room of a Philippine ship in the port of Rio de Janeiro, local television and papers said over the weekend. The explosion on the Star Cebu took
        Reuter  -  82 words
      • 116 38 AFP TOKYO Japan's largest heavy machinery maker, Mitsubishi Heavy Industries Ltd, said on Friday it and Sumitomo Corp had jointly received a USS4OO-450 million (*****-628 million) order to build a railroad in the Philippines. Mitsubishi Heavy and Sumitomo, a major Japanese trading firm, will
        AFP  -  116 words
      • 94 38 AFP TOKYO Major Japanese automaker Honda Motor Co Ltd said yesterday it would open three training centres in China as part of ongoing efforts to boost its auto technical service capabilities there. "The centres, to be located in Beijing, Shanghai and Guangzhou, will be
        AFP  -  94 words
      • 1421 38 AIRCRAFT ARRIVALS DEPARTURES cRf nm ra no to GA882 2310 I MMl QF81 1930 QF82 2055 ***** 2120 HmMM KL831 0925 GA974 0020 SQ327 1530 KL844 0040 GA897 1605 KL838 2300 SQ26 2366 Mtmm SQ348 2250 AMMH4 SQ286 2040 SQ288 2045 NZ74 2340 Sari S421 1100 SQ182 0915 SQ181 1410
        1,421 words
  • Page 25 Advertisements

  • Page 26 Advertisements
    • 1418 26 BULLETIN BOARD §Sia Yong leaves SNSC World helm after 20 years J Gulfstream has appointed James C Healey regional Singapore National Shippers Council StMllltlCS f ml 7/fi/ H VC8^xesKtent Eur °P e inamoveto international (SNSC) chairman Sia Yong ended his last r I —M sales team. Mr Healey mill be
      1,418 words
    • 186 26 Lines and service* represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Aseociation. For advertising enquiries, contact Shipping Times: Tel 740-2089 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday Businessllmg§ < I B*pora PXrtaigLoadngFtor ■CANALP Inn 30*06 MrrVAtw/UK/Nanl* ■wORLDAJAX
      186 words

  • Page 27 Advertisements
    • 878 27 SfcTTv FOONG SUN SHIPPING (PTE) LTD WHOLESALE CEMTRE, BLOCK 1,103-10 SINGAPORE 0611 855' >> yyßsßi (1 —r~ FAX! *****19/*****29 TLX: R*****0/***** FSSMIP rasa vor jam sam Msnunm SMMT llyw IW V/fO KOMI UK Ml a/v tmtM/vm mrom 1/n n/v me mSSmm GUfDNNO t/95 2f/M 11/ V JMMIKtWMf womud w KV
      878 words
    • 1244 27 vcsa WW jjj UK lOMI <M MNAXX HOU 1 NTC I ICT 1 PAt 1 dmki m a/a /a/a »4/i7 w/a w/a a/a I n/a I n/a I n/v I g/a I «Mt>WHI MA U/V/V/V WV~ H/V 75/ V %/V V/W V/V »/V W/W aowwm—iirwa m n/v m/v »/v >1
      1,244 words
    • 687 27 HANJIN SHIPPING l—taa EH imwyml »l tyi Iml wt i m imww w s» wc iI—IWIW mnm man I n/v In/t7 n/v I —smommm mm iM/wla—H mm m/m mm mm —UMBI >'« nm —ct v/v n/v w/j/1 wc ig w/i? Uwnuw »m"u/w ii/m u/m tm ii/m —a m/m |mml mm
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  • Page 28 Advertisements
    • 1057 28 «ssa m mm rm ur in siw rauw jb m mo m n ok mc gywpwg JEZHZ: mm w«n _41 7£ IV» w w w I*7 I \\n MB illfeijgl jfcir 'V* j/F- HZIE^tL^ZZiEZje: DBSMMA IMjT 17/1 IV* IV* 11/* W» »/7 11/7 IV7 17/1 I 11/7 LMMmnuawK w of
      1,057 words
    • 1227 28 I NORASBT VESSEL VOV SM ALQ LAS SCL VAL HAM H« ROT ANT TO. IMA »a«MOUR 525W M 17*7 H*7 22*7 23*7 22*7 2*87 23*7 24*7 2M7 2M7 NMHMOUM MS) M 7 24*7 22*7 3887 11*7 1887 31*7 31*7 SIM HM «M 8 NMHOMOM miJ-S 12*7 *I*l >I*7 MM S7M
      1,227 words
    • 644 28 JAPAN/HONQKONO/STRAITS REGULAR f LOADING FOR PORT KLANG/PENANQ VESSEL VOY IPORE f BUOAM PK6 PEW 112 f VUTA a SLD MPT OCEAN WWVI I MPT MAJN oment venus 17 mjuh pjm tT! J EXCgD2 MJUW MJUW p PACIBC 6 HACt M MJUW KJU. SELECTA S 83 JUL MJUL T* J YAYASAHTUJUH
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  • Page 29 Advertisements
    • 1142 29 pW STRAITS SHIPPING PTE LTD mm 19 Mm CfeiMi Mai #11-91 Ktpfel Tmn Slwaporo 0208 Tel: *****88 Fa»; *****17 VB6MC a.Skani. Am MJw 30 M tinnLj m rum IMW au«M.l BBAfTSHOFC NME Man, Lak, H IHBN MM 05M i«.ia uiwiwi www NMA6AS-8 VMI2E Mm. Lift.U MtM MM «Jri OTWTSram/K VHlBH.ta.ta
      1,142 words
    • 1726 29 BfcQ flAlltQ 1 t»A»C pioConoJnen (Singapore Agencies) Pte Ltd fT 10 Hoe Chiang Road, #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE Te,: 225 2233 Telex: RS ***** PNOCSP Fa 225 5327/222 7517 so Ffv/nbUfiiiyi, CR Number *****9 *****Z EXPORT IMPOIIT s iss &\z r ss»": s-„ S" »i»
      1,726 words
    • 487 29 OUTMOUMP m. ra jon| sm I tag mo tm kh tdk tok mac km osxmojius NRNHwnt/Ntn am 2i*t ~a*t| 2MMtI smi~ mm mm mm mm it*7 11*7 ma mm mm mm am am am rr-am mm mm omr mm itm wn am IM7 SEARMMPIMMI ff<t OW Wt SMl*7 W M
      487 words

  • Page 30 Advertisements
    • 1082 30 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA SBP ROM HBO THP ANW LHV LHV ANW THP HBO ROM PHI SOP i. ROYAL RW-tM 1/7 21/7 23/7 28/7 22/7 28/7 E. SLEAMY RE-060 28fl 31/5 N/5 l/% JU M 2M E. REFINE RW-001 1/7 28/7 M/ 7 1/3 23/7 2/8 I. SENTRY RE-063 M M M 1M
      1,082 words
    • 830 30 PERSIAN QULF SERVICE VESSa VOY MP OUt MUOMMWHKWTIM UMCHAHT 8364 023W it« OM7 10/07 11/07 11/07 IM>7 11/07 UMt CROW* 3356 025* OftO 1 'StJ7 17U7 '1/07 IW7 19*7 19*7 JWCO*C{R- 0356-017W 1747 *747 »U7 29.5? 30*7 30*7 30*7 UM CONCORO 0M7027W 75*7 Ml Ml MM 6746 07W 0706 ALSO
      830 words
    • 646 30 H^^^^wSSHELDMAMNEASoE^sjFTELTr^ TEL: *****33 (12 LINES) M FAX: *****1 ft/*****03 FH TELEX: RS ***** RISHIP (3 Una*) l3=J CR NO: **********0E ETNWPIANSIirPMOUwIB Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VM Voy ETA Loading for «pow j Abbay Woru 44 WB 18/07 4 H KIEN NUNC LINE U I FULLY
      646 words

  • Page 31 Advertisements
    • 2239 31 swim apncai east I COAITIIWTHAMMCA 11^^i^ a I MMNNIImmIMK Ttl It—ft): mim IHN«NMt A#»«r D*n I COSTAR SHIPPING PTE LTD %J%2?&2U m c M n ViIZZL c~»,~r um?,, n iimm w»r*i7 M w*:imMcmmr tmrnggm utuu o/o unm c»»r»ti*»n*tni*t rT SwVSST gggCTr, nfmun 'JI'MJTM^ *un-0Y»a» KVC U4 CHI S?H!!?3?" IS* J"*
      2,239 words
    • 678 31 FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 y HOT UNE: *****33 (30 UNES) GOTHENBURG/SCAN 03/07 ROTTERDAM 30/06 AARHUS/COPENHAGEN 03/07 HAMBURG/BREMEN 30/06 MARSEILLE/FRANCE 04/07 FELIXSTOWE/UK 03/07 BARCELONA/SPAIN 28/06 LEHAVRE/FRANCE 03/07 GENOA/ITALY 02/07 ANTWERP/BELGIUM 07/07 LOS ANGELES/WC/IPI 30/06 SYDNEY/MELBOURNE 30/06 NEW YORK/EC 30/06 FREMANTLE/ADELAIDE 30/06 VANCOUVER 30/06 BRISBANE 06/07 TORONTO/MONTREAL
      678 words



  • Page 34 Advertisements
    • 974 34 vena. VOY MN JKT IVEWB. I VOY I WH WW I^M WAWABHUX MIS Tin In Pt Fii 3tt» t 0000 EASY MN I* Pt M Ml HYAB HU M mJT«M S Iftl/T 1 VBAJSafli !3S 52I*i*EE iADO77 JjNd_ Mg S "S" "S" "S "SS" PHATTUfHVM 84$ TM 2M to aw
      974 words
    • 744 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TEL: *****02 FAX: *****87 CR **********0N PEMANO *»a Iwr w na. B vena Iwr I SEA LAUREL 399W 25/06 SUW 2606 MOW U XQURJAYA ***** 2M6WED 3QO6FW XOUR SPORE ***** 2606 MOW 2MB WED U LHOTSE 5037 30)06 FBI 02A?7 SUW PERSAKA 32W 2606
      744 words

  • Page 35 Advertisements
    • 473 35 i BSA a. MYANMA MA FIVE STAR LINE (llyißmtr National Una) W Loading for Ya«|oa (Rangoon) Span rui rat r.o* ftittiAMiA viw )m MYOMA YWA YIS6W 1107 PATNEW VI33W 15/07 MALAYUA A6EMTV •OUSTEAO SMffWO AOENCO3 OIL' TH H-0-*****M HBL IEL 61-63-*****61 ret m n-auaiMai rso m n-n-mzm* NIGERIAN NATIONAL ■P
      473 words
    • 911 35 ADVANCE CONTAINER LINES (PTE) LTD A I Z 140 OmO StrMt, #12-00, PIL Bußiflng, Singapore 0100 I TEL: *****21, FAX *****10, TELEX :RS ***** ACLPL. CR NO. **********0E ip "1, MM VOY M ~~Mt M MK VOT mt JKT MH MAMiriiiMnwa—aim susl—>■_ tt/w m MM. >■ «oimmw«_ jmoi_ _aMS2_te_ *wgyjHwiug
      911 words
    • 794 35 K^4lllll^9l *****8000QZ VCMCLB >WY '™awr*"* L£WWE HAMBURG THAMES ROTTERDAM AWnOERR VIXE D*HYDRA HOBW 27/08 WOT 20/07 330X1 23/07 24/07 MLLEDELYRA YfXHi 00/07 2&Q7 27/07 28/07 SOOT 31/07 VBLEOEmA WW 11/07 01/08 55 96/06 MB 07/06 I V9-LE OE CAPSXA "HOW OMB 10/08 12/08 13/06 1406 ALSO ACCEPTING CARGO TO ALL
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  • Page 36 Advertisements
    • 588 36 m AFGHANISTAN MAM Afghanistan Ltd., ■kJH Hairatan, Torghundi, Islamqala (Doqharun) ■WIOCIWI C.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku, Dushanbe, I mm Ifcir nh Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, lr!l!aii^.li JrnlTnii 11 nrrinr■ Novosotxrsk. Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny n efnationa orwaroers Mongolia: maan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO
      588 words
    • 549 36 CONTAINER LIMES. IMC I I% K a«• "-KIMPNWK MAC-iKLS trwßtl lIQWiI (24 KJNeS) |£L.ig||§&uaSf> Mx/V2J 80U 004)*****0 WJCHOWfOO2>«O44» POIANaweWMe BANGKOK (002) *****87 MAMLA (890) *****01 P. KELANQ: (08) *****77 JAKARTA: (21)*****07 SURABAYA: (31) *****0 I ASIA HKG/TWN/BKK l GENOA/EUROPE I I iwz z s ?s£* mm t mn 5i S
      549 words
    • 364 36 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 80 TONS f« IV UMHMKM ybsa wan n SHOW TUMI 1 M/ 4 M/ 4 TO. BAMS I/7,W1114/; a 4/7, TAWAKI/7, MAMI7/7 MNKMMA lf/7, TOKYO H/7 nrwwi ti 17/* otentau jakakuM/ismamy*. uau
      364 words

  • Page 37 Miscellaneous
    • 129 37 REGIONAL WEATHER 9' l fi| f j f IMNft R Thunderstorm T W y f< c A, X WmAmt Wind (Srvctiori with speed n knot* if" Wovi h«»ght Cloudy Sky w nvdii w vy wTwWf wmcn ny ■iiw nn wwm 0 On* ful circle represents calm or Bght and variable
      129 words