The Business Times, 29 June 1995

Microfilm: NL19994
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    12 1 SINGAPORE BusinessTimes WE KNOW ASIA MITA(P) 194/12/94 Thursday June 29 1995 85*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow up 13.8 points
      82 1 Reuter NEW YORK US shares rose yesterday following news of the car trade agreement reached between the US and Japan in Geneva. At 2pm EDT, the Dow Jones was up 13.83 points at 4,542.61. At midday advances led declines 11 to nine. "This advance is relief
      Reuter  -  82 words
  • Article
    MARKET SUMMARY
    168 1 Stock Miiwt indices Wednesday Change ST1I 2,088.51 -10.17 KLSE Cornp 1,024.62 -U.95 Nikkei 14,618.07 -140.98 Hang Seng .._9,151.37 -48.17 SET Index 1,379.26 +2.75 Jakarta Comp unav Manila Comp 2,751.71 +3.92 Taipei WPI 5,495.88 -97.13 Seoul Comp 872.68 +3.91 Bombay BSE30 3,302.65 +22.96 CLSA China B 780.85 -4.65 Aust
    168 words
  • Article, Illustration
    Tony Tan returns as DPM, Defence Minister
    501 1  -  By Ven Sreenivasan SINGAPORE Tony Tan, who left the Cabinet in early 1992, is rejoining it as a Deputy Prime Minister and Minister for Defence. The Prime Minister's Office yesterday said Dr Tan would take up the posts on Aug I. The statement
    501 words
  • Article
    Economic growth will moderate to 7-8% this year, says MAS
    533 1  -  Forecast a shade below MTl's 7.5-8.5% projection Reports by Vikram Khanna SINGAPORE Singapore's economic growth will moderate to its "potential" rate that is, a sustainable mediumterm rate of 7-8 per cent this year after topping 10 per cent in 1994,
    533 words
  • Article
    US, Japan avert trade war at the eleventh hour
    530 1  -  Clinton calls off punitive tariffs From Leon Hadar in WASHINGTON THE US and Japan finally reached a pact yesterday on their car dispute after 20 months of tortuous negotiations and several days of intense wrangling in Geneva. The agreement averted a
    530 words
  • Article, Illustration
    Lock icon Turbulence in global financial markets cuts MAS profit to $288m
    300 1 SINGAPORE The Monetary Authority of Singapore's profit fell to $288.2 million in the year to Mar 31, 1995 from $1.1 billion the previous year, according to the MAS annual report released yesterday. This is the second year in a row
    Source: MAS  -  300 words
  • Article, Illustration
    PM to employers: face up squarely to strong Sing dollar
    531 1  -  By Chuang Peck Ming SINGAPORE Employers moaning about the strong Singapore dollar were told yesterday to do what Japanese and German manufacturers did when confronted with a strong currency face it stoically and boost productivity. They should stop wishing for
    531 words
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      77 1 $/"^;&\):@[{"^_>`~](`?$[([~^}!< BT Online Look us up at http:// wwwjisia 1 .com.sg/biztimes tiUtwmHtßJL 1 Nnri Ci^mlh Spore News 2 Spore** 19.20 taponal News 3-8 Francs* 24.25 World New 18 fMtui Marliats Aitfyss 17 Oob/WSt. StS 28-30 EMoral 16 feeoral 26 Sports 13 27 TV/Utestjte 15 Currenaes 24 Innovation 11 Smo/Commo .24.25
      77 words
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      26 1 Law: Pg 12 The duties of a director MORE REPORTS, Pg 2 Banks must channel excess funds overseas Foreign fund managers move in despite slower growth
      26 words
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      34 1 Hock Lock Siew: pg 19 liH. Why CASH-Barito deal is off Business as usual at Yeo Hiap Seng, says MD Alex Chan Pgl9 US car makers on China charm offensive, Shipping Times, Pg 14
      34 words
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      116 1 Bottom Line: Pg 18 Will S'pore banks Ip*cTulr*L Analysts expect continuity at OCBC, Pg 19 Hongkong Style Cantonese Cuisine Created Fresh Grand to a Hong Kong style feast that satisfies the most demanding of tastes. Our expert chefs pick only the finest and freshest ingredients of the day to ensure
      116 words
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      42 1 PI: Removable CO Tuiier witti OSP Sound P'ocesso'/CO Change' Control*' ujfrsu TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; 235 1333 Kuala Lumpur: Phone; 757 0233 Penang: Phone. 615 985/619 014 Jakarta: Phone. *****9/*****8 Employers call for higher retirement age, Pg 2
      42 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Local firms building more abroad
        302 2  -  By Ven Sreenivasan SINGAPORE construction firms have steadily increased their presence abroad since the mid-80s and are currently involved in a wide range of projects, according to the Construction Industry Development Board (CIDB). While residential properties, office and retail complexes remain the mainstay for overseas
        Source: CIDB  -  302 words
    • Article, Illustration
      Raise retirement age in stages: employers
      482 2  -  By Chuang Peck Ming EMPLOYERS want the final extension of the retirement age to take effect in stages not at one go, as is the plan. They are afraid of ending up with even higher wage bills when the retirement age is raised from
      482 words
    • Article
      Banks must channel excess funds overseas, says MAS
      342 2  -  MAS Annual Report Reports by Shiv Taneja THE banking system must channci surplus funds overseas, the Monetary Authority of Singapore says in its 1994-95 annual report released yesterday. Domestic lending opportunities will not expand fast enough to soak up available funds and
      342 words
    • Article
      Foreign fund managers set up shop here despite slower growth
      400 2 DESPITE slower growth in the fund management industry last year, international fund managers continued to be attracted to Singapore as a base for their regional operations, the Monetary Authority of Singapore said in its 1994/95 annual report released yesterday. The
      400 words
    • Article
      Keppel-led consortium puts in lowest bids for LRT lines
      506 2  -  By Ven Sreenivasan A CONSORTIUM comprising Kcppcl Engineering, AEG Transport System and Gammon has submitted the lowest bids for the Bukit Panjang and Buona Vista Light Rail Transit projects. At 5284.76 million, the consortium's bid for the Bukit Panjang project was
      506 words
    • Article, Illustration
      Senior civil servant appointed permanent rep at UN
      170 2 THE government said yesterday it has appointed Bilahari Kausikan Singapore's permanent representative to the United Nations. Mr Kausikan also takes over as High Commissioner to Canada, resident in New York, from Chew Tai Soo. Born in Singapore and educated at Raffles Institution,
      170 words
    • Article
      BG Lee heads team at S'pore-Indon meeting
      256 2  -  From Agnes Wee in JAKARTA DEPUTY Prime Minister Lee Hsien Loong, Minister for Trade and Industry Yeo Cheow Tong and Minister for Communications Mah Bow Tan, will attend the first In-donesia-Singapore Ministerial Committee Meeting in Jakarta today. The Ministry of Trade and Industry
      256 words
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      169 2 @,@>'\:^@;{~^+)?:>@'(\`^+':>!|} Foj the repord, Fire King guarantees al^solute protection. f w Want to makt absolutely I sure your records and docu* I ments are j J; H Then your only choice is in the InjwZaS h fli range of sizes, styles and capaci- Afl [B ties of Fire King's fire-resistant
      169 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Penang power cut hits output of US technology firms
      469 3 Bloomberg Business News Reuter PENANG Several US tcchnobgy companies had to halt or slow production in Penang after a fire cut ofT more than hair the power there on Sunday. Intel Corp, Advanced Micro Devices Inc, Quantum Corp and Seagate Technology
      Bloomberg Business News; Reuter  -  469 words
    • Article, Illustration
      Island's power loss an aberration: Koh
      464 3  -  From Ho Kay Tat in PENANG THE power brownout in Pcnang will not deter foreign investment in the long-term, said the Malaysian state's chief minister, Koh Tsu Koon, yesterday. Speaking to Business Times and The Straits Times, Dr Koh expressed confidence that foreign investors
      464 words
    • Article
      Lock icon Indon journalists on trial deny insulting Suharto, govt officials
      421 3 AFP JAKARTA Two members of the Indonesian independent journalists' association denied charges of insulting President Suharto and the government when they appeared in the central Jakarta court on Tuesday. Ahmad Taufik, 29, and Eko Maryadi, 27, both members of the Aliansi
      AFP  -  421 words
    • Article
      Lock icon Tenaga, M Resources, Celcom in M$400m telecom network tie-up
      201 3 Bernama KUALA LUMPUR Tenaga Nasional, Malaysian Resources Corporation and Cellular Communication Network will develop a fibre-optic telecommunication network throughout Malaysia at a cost of MS4OO million (SS22B million). Tenaga chief operating officer Abdul Rashid Ahmad yesterday said the three parties hold
      Bernama  -  201 words
    • Article
      Lock icon KL and Manila team up to boost agriculture sectors
      202 3 Bernama WUALA LUMPUR Malayfta and the Philippines have agreed on initial steps to help each other improve their agriculture sectors, the Agriculture Ministry said yesterday. The measures will mostly be in the form of technical cooperation and exchange of information, it
      Bernama  -  202 words
    • Article
      S'pore firm clinches deal for US$50m port in Myanmar
      424 4  -  From Loh Hui Yin in BANGKOK SINGAPORE container operator C P Holdings has won a concession from the Myanmar government for a build-operate-transfer container port worth more than US$5O million (5569.5 million). Tht project is the first BOT concession granted by
      424 words
    • Article
      Lock icon Cambodia not ready to join Asean: Ranariddh
      248 4 UPI PIINOM PENH Cambodia wants lo develop a more competitive economy before becoming a full-fledged member of Asean, government leaders said here on Tuesday. "We have a stake, a desire and interest in Asean but we are also concerned about the gap that
      UPI  -  248 words
    • Article
      Lock icon Indonesia, Japan, US sign US$45m biodiversity pact
      366 4 Reuter AP JAKARTA Indonesia, Japan and the United States yesterday signed an agreement worth more than US$45 million (Ss63 million) to protect Indonesia's biological diversity as part of commitments made in Rio de Janeiro in 1992. "The Indonesia Biodiversity Conservation Programme is an
      Reuter; AP  -  366 words
    • NOTEBOOK
      • Article, Illustration
        Lock icon A feast before the fast
        47 4 Reuter BANGKOK Thai hill tribe novices lining up for the day's last meal period before an annual ordination ceremony at Bangkok's Marbel Temple yesterday. One hundred and fifty hill tribe youths entered the three-month Buddhist monkhood which includes a noon-to-dawn fast. Reuter
        Reuter  -  47 words
      • Article
        Lock icon Manila, rebels trade blame as talks fail
        114 4 AP MANILA Philippine government and communist negotiators blamed each other yesterday for the collapse of peace talks in Belgium. After only one day, the government broke off the talks Tuesday after the rebel National Democratic Front demanded the release of one of its
        AP  -  114 words
      • Article
        Lock icon Call to halt sale of uncensored LDs
        95 4 Reuter JAKARTA Indonesia's Information Minister Harmoko has called for an immediate halt to the sale of uncensored laser discs which he said amounted to "poison", the official Antara news agency said yesterday. "Such a venture is the same as spreading poison in our
        Reuter  -  95 words
      • Article
        Lock icon Surplus seen for Indon rice output
        58 4 AFP JAKARTA Indonesian authorities are projecting a 3.48 million tonne surplus in rice production in 1995, press reports said yesterday. The Angkalan Bersenjata daily quoted Agriculture Minister Syarifudin Baharsyah as saying rice -field expansions could yield 28.76 million tonnes of rice this year, or
        AFP  -  58 words
      • Article
        Lock icon Java heading for water crisis: expert
        76 4 AFP JAKARTA The main Indonesian island of Java, one of the most densely populated in the world, would suffer a serious water crisis by 2005 as its reserve of ground water was very low, an expert has warned yesterday. "Ground water reserves for Bandung
        AFP  -  76 words
    • Article
      Lock icon Aussie minister demands apology from Indon envoy
      255 4 Reuter CANBERRA Australian Foreign Affairs Minister Gareth Evans yesterday told Indonesia's new ambassador to Canberra, an army general, to apologise for remarks that the 1991 Dili massacre was not regrettable, Mr Evans said that if Lieu-tenant-General Herman Mantiri failed to apologise, it would
      Reuter  -  255 words
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      281 4 1 W^k Why Spend Thousands Word Processing With This? j fla*-»:ti«lwilif 4- -v :vj- +v,'s* .-s^,"y. > 'V When, For Just $549* (with GST $565), You Can Save Thousands Word Processing With This? |l Now you ran save thousands with a machine that's a word processor, printer and is compatible
      281 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Wharf to spend US$770m for big cut of HK telecom market
      357 5 Reuter HONGKONG Conglomerate Wharf Holdings yesterday unveiled an ambitious US$77O million ($51.07 billion) plan to crack the market when the colony's domestic telephone monopoly ends this weekend. Ten years from now, Wharf unit New T T sees itself with
      Reuter  -  357 words
    • Article, Illustration
      Lock icon China plans guide book for investors
      363 5 SINGAPORE To further attract foreign investors, China will, among other things, publish an investment guide book, improve the investment environment and offer more preferential policies. In a press conference with Singapore reporters yesterday, China's vice-premier Zou Jiahua said Beijing is in the process of
      Reuter  -  363 words
    • Article
      Lock icon China officials forge industrial and birth figures: statistician
      204 5 UPI BEIJING China's top statistician yesterday charged that ambitious local officials are resorting to phony figures to exaggerate industrial output of township enterprises and lower the number of births in the teeming countryside. "Such cheating in some localities and departments has affected
      UPI  -  204 words
    • Article
      Lock icon New investment rules meant to redirect foreign funds
      162 5 Reuter Bloomberg Business News SHANGHAI New Chinese guidelines on foreign investment issued on Tuesday are aimed' at guiding overseas funds into infrastructure projects, according to an official. "Foreign investment has so far been mostly in processing industries and property projects instead of
      Reuter; Bloomberg Business News  -  162 words
    • Article
      Lock icon China launches national fitness drive
      95 5 AFP BEIJING China yesterday launched a massive national fitness drive, aimed at dragging couch potatoes into gyms and combating a general lethargy born of raised living standards. The draft National Fitness Programme, which could help transform China into a global sporting superpower by the year
      AFP  -  95 words
    • Article
      Lock icon Inflation easing, economy on course for 9-10% growth target: Beijing
      332 5 Bloomberg Business News BEIJING China's state statistics bureau says the country's economy is entering "a place where the green and amber lights meet", moving away from its overheated "red light" pace of late last year to a "normal" growth rate.
      Bloomberg Business News  -  332 words
    • Article
      Lock icon HK property prices keep sliding despite optimism
      406 6 Bloomberg Business News HONGKONG Hongkong is still waiting. Coming up to a full year after most market watchers said property prices would start rising again, prices have stubbornly continued heading south. Many fund managers and analysts have been equally stubborn in their optimism,
      Bloomberg Business News  -  406 words
    • Article
      Lock icon Henderson pays below expected prices for New Territories land
      290 6 Bloomberg Business News HONGKONG In an aggressive afternoon of buying, Henderson Land Development Co Ltd purchased two sites at the season's first public land auction yesterday. The company paid less than what the market expected for a plot of land in
      Bloomberg Business News  -  290 words
    • CHINAWATCH
      • Article
        Lock icon US turns down Taiwan's UN bid
        83 6 AFP WASHINGTON The US on Tuesday rejected Taiwan's bid to gain admission to the United Nations and reaffirmed its own one-China policy. The US statement came a day after the government in Tapei offered to set up a US$l billion (551.39 billion) fund to
        AFP  -  83 words
      • Article
        Lock icon China arms firm thrives with car parts
        73 6 Reuter ZHUOZHOU, China A Chinese artillery shell factory that lost money for 12 years is now profitable in making car parts with foreign partners, plant officials said yesterday. Journalists and delegates to an international conference on conversion of military factories to civilian output
        Reuter  -  73 words
      • Article
        Lock icon Beijing revises budget gap downwards
        68 6 Reuter BEIJING China's finance minister revised downwards the final 1994 fiscal deficit to 57.4 billion yuan (559.58 billion) from the 63.8 billion yuan he presented in his March budget, Xinhua news agency reported yesterday. Liu Zhongli told the standing committee of the National People's Congress
        Reuter  -  68 words
      • Article
        Lock icon 375 smuggling cases uncovered
        35 6 AFP BEIJING Chinese customs officials uncovered 375 major smuggling cases in the first five months of 1995, confiscating goods worth 1.3 billion yuan (SS2I7 million), the China Daily reported yesterday. AFP
        AFP  -  35 words
    • Article
      Lock icon China Strategic not buying Stone Electronics
      195 6 Bloomberg Business News HONGKONG China Strategic has ended all acquisition talks with Stone Electronics Technology Ltd. In a statement yesterday, China Strategic said it considered most of the assets Stone wants to sell "unsuitable", without explaining what that meant. Last week, Stone Group Corp,
      Bloomberg Business News  -  195 words
    • Article, Illustration
      HK developer may be in talks with Temasek on Beijing project
      393 6  -  By Abdul Hadhi SINGAPORE Hongkong developer Junefield Holdings is having talks with a local corporation to jointly develop a 36hectare financial park in jingJunefield's managing director C B Ng, who was in Singapore yesterday, said that the project will
      393 words
    • Article
      Lock icon Taiwan picks Dec 2 for crucial legislative polls
      231 6 AP TAIPEI Taiwan yesterday set Dec 2 as the date for legislative elections, a critical prelude to a presidential poll three months later. Both elections will test the ruling Nationalist Party, which has been in power for 46 years and is facing
      AP  -  231 words
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      842 6 CREDIT SUISSE BALANCE SHEET AT 31 DECEMBER 1994 ims I»M COKnNQOfT UAMtffICT AND PENMNQ TRANSACTIONS Sfrm Sir m 1963 IM4 Aval, guarantee and indemnity laMMee 8 486 8 219 Wrm Uabttiee in reaped of Mors ol cretft 12 710 11 975 Cull 146» 1047 Endorsement laMNee In reaped of rsdtscountings
      842 words
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      Page 6 Advertisements Column 2
      171 6 Introducing the world's finest Italian chefs From June 23 to July 2, DOMVS Restaurant, at tfie Sheraton !'< is putting its kitchen at the disposal of pne of Italy's M most talented y4|ung chefs. Chef AlQssandro Sfchlesinger, the executive chef of the renownedtLa Stalla "Restaurant, 1 will present some of
      171 words
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      149 7 M wh< WMPWWir -;W, WjZ^— r v t "My v- fcp philosophy lv I illt Hi f t 'TT l-:".fnl^ «I ill titJr <a3 f^r »W;\ -I s > isRid '?J r I believe that enjoying life is doing what you love. For me, that's golf and cars. My latest
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  • ASIA
    • Article, Illustration
      Lock icon S Korean opposition hails election victory
      356 8 Local polls results a vote of no-confidence in President Kim: opposition AFP SEOUL Soyth Korean opposition parties yesterday toasted their victory in the nation's first local elections in 34 years, calling the outcome a vote of no-confidence in President Kim Young Sam. With more
      AFP; Reuter  -  356 words
    • Article
      Lock icon Japan may be going into deflation cycle: think-tank economist
      432 8 UPI Reuter TOKYO Japan's economy may be entering a deflationary cycle featuring steep drops in land, stock market and consumer prices, an economist at a major think-tank said yesterday. "The economy is stuck in deflation, not what the government terms disinflation,"
      UPI; Reuter  -  432 words
    • Article
      Lock icon NZ govt's minority position deepens
      152 8 AFP WELLINGTON New Zealand's political landscape fragmented further yesterday as the launch of a new party pushed the government of Prime Minister Jim Bolger deeper into a technical minority in parliament. The new United New Zealand Party, with seven MPs, announced it would be in
      AFP  -  152 words
    • ASIANOTES
      • Article
        Lock icon Willis sees no dramatic impact
        78 8 Reuter MELBOURNE Australian Treasurer Ralph Willis said a possible AS2SO million (*****.4 million) to AS3OO million cut in the 1995-96 budget surplus would not have too dramatic an effect on fiscal policy but that it was a move in the wrong direction. Earlier Mr Willis
        Reuter  -  78 words
      • Article
        Lock icon N Korea okays Seoul-Beijing venture
        77 8 AFP SEOUL A South Korean-Chinese joint venture has got the green light from North Korea to set up a locally-incorporated subsidiary in the North, the South Korean partner told Yonhap news agency yesterday. CPI Co, the South Korean investor in the joint venture, the Yanbian-Longxing
        AFP  -  77 words
      • Article
        Lock icon Probe into alleged defence pay-off
        72 8 AP SYDNEY Police are investigating a defence department payment of US$2ll,OOO (*****,135) to a Dutch national to assess Indonesia's strategic security goals, The Australian newspaper said yesterday. It said it had obtained Australian government documents that showed the payment was made to an Australian company,
        AP  -  72 words
    • Article
      Lock icon PHS handphones to sweep Japan
      265 8 System's low usage costs set to trigger boom Reuter TOKYO Telephones could soon be ringing constantly in Japan's restaurants, cinemas and streets. Analysts say the use of cellular phones in the country is set to boom with the launch of a model which will be
      Reuter  -  265 words
    • Article
      Lock icon Rolls Royce, ADB in Indian power plant tie-up
      207 8 AFP NEW DELHI The Indian government has allowed Rolls Royce and three international lending agencies to set up a gas-fired power plant in West Bengal, officials said yesterday. Finance ministry officials said the collaboration is one of three foreign investment projects totalling
      AFP  -  207 words
    • Article
      Lock icon Labour unrest, high rupee hurt Sri Lanka
      233 8 Reuter COLOMBO Labour unrest and an overvalued rupee are bigger problems for the Sri Lankan economy than renewed fighting between Tamil guerillas and government forces, Sri Lankan business leaders say. "More than the war, local and foreign investors are more concerned about trade
      Reuter  -  233 words
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      1116 8 ore C.K. TANG LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors announce the unaudited results o* the Group and the Company for the year ended 31 March 1995 as foHowsGROUP COMPANY 1994/95 1993/94 1994/95 1993/94 SSOOO ssooo ssooo ssooo 1. Turnover 181,333 180,353 0.5 187,834 166.148 1.0 Investment
      1,116 words
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  • FOCUS
    • Article
      Lock icon Scrap power deal with US firm: panel
      321 9 AFP NEW DELHI An Indian panel reviewing a US$2.B billion (Ss4 billion) power deal with Enron Corp has said the project should be scrapped without any compensation being paid to the US firm, newspapers said yesterday. The Economic Times said the panel, which
      AFP  -  321 words
    • Article
      Lock icon Maharashtra's foreign investment pitch clouded by row
      1004 9 India's controversial US$2.B b deal with Enron Credibility of state govt and India's economic programme at stake FT BOMBAY This month's investment courting tour of Britain and the United States by Manohar Joshi, the new Chief Minister of Maharashtra, India's pre-eminent industrial state,
      FT  -  1,004 words
  • Page 9 Advertisements
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      756 9 BALANCE SHEETS STATEMENTS OF EARNWGS (BANKING ACCOUNTS) (BANKING ACCOUNTS) December 31,1994 and 1993 Years ended December 31,1994 and 1993 19W 1993 1994 1993 (In MMions) (In Mifions) (In MNons) (In Miions) Won Won Won Won Cash and due from banks 2,073,786 2,020,370 Interest on loan; 774,752 680,333 Interest-bearing deposits with
      756 words
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      Page 9 Advertisements Column 2
      871 9 << /X KRUNG THAI BANK PUBLIC COMPANY LIMITED 65 chulia street #32-05/08 ocbc centre Singapore 0104 w TEL: (65) 533-6691 FAX: (65) 533-0930 TELEX: RS ***** KTBSIN Balance Sheet Income Statement As at 31 December 1994 and 1993 For the year ending 31 December 1994 and 1993 ASSETS 1994 1993
      871 words
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      49 10 EM) TAGHeuer SWISS MADE SINCE 1860 v. r SP"^ r i=M- J 'JK? V "V "4. i, Jjj 1 1 4 a I 1 -i-._ jT *<£ 'a. J? SUCCESS. GAME X lil^L *W-■ V A 6000 18K Gold Series. Officially certified automatic chronometer movement. Water-resistant to 200 meters. t
      49 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Lock icon Hands-off, brains-off driving
      708 11  -  Scientists at Carnegie Mellon University have developed a car that drives itself. Alyssa Gabbay reports Alyssa Gabbay AP THE Pontiac minivan moves along the winding road, hugging the curves and climbing easily up the hills. It seems like an ordinary ride but driver Dean Pomerleau's hands are
      AP  -  708 words
    • Article
      Lock icon US firm claims to have revolutionary new air bag
      464 11 NYT WORKING with government scientists, a North Carolina company says it's designed a "revolutionary" lighter-weight vehicle air bag that inflates faster and takes up less room in the car. Greensboro-based Precision Fabrics Group Inc teamed up with Sandia National Laboratories to
      NYT  -  464 words
    • INTAKES
      • Article
        Voice technologies show
        59 11 SINGAPORE Computer Telephony Integration '95, billed as Asia's premier voice event, will be held at Marina Mandarin Singapore from Aug 15. The three-day event includes speakers from companies like AT T Bell Labs, Qantas Airways, Hongkong Telecom, Singapore Network Services and Telecom Equipment. For more details, call
        59 words
      • Article, Illustration
        Power boost for Thai jets
        71 11 SINGAPORE The Rolls-Royce Trent 800 (pictured above), said to be the world's most powerful aero engine, recently received its certificate of airworthiness at the power level of 90,000 pounds (400 kilonewtons) of thrust. Airborne trials have begun on a Boeing 747 test aircraft and the
        71 words
      • Article
        Lock icon NEC announces flat-screen TV plans
        107 11 Reuter TOKYO Computer giant NEC Corp has announced plans to mass produce plasma-display panels (PDPs) and start selling a new type of slimmer, larger television set that uses these displays. NEC Corp said it would introduce its flat-screen TV sets using PDPs in the Japanese
        Reuter  -  107 words
      • Article
        Lock icon New drug for kidney transplants
        77 11 UPI SAN FRANCISCO Kidney transplant patients can now get a new drug that reduces organ rejection by nearly 50 per cent, the such advance in 12 years, doctors said on Monday. The immunosuppressant compound, Cellcept (Mycophenolate Mofetil), is the first new drug available since 1983
        UPI  -  77 words
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      653 11 There are possibly 20 reasons why you should pick an Apple Powerßook. i) It's an Apple 2) Up to 66 MHz, M ***** performance 3) Up to 7 hours of battery life 4) Ultra-precise trackpad pointing device 5) Ability to display thousands of colors** 6) Full-size 9.5-inch screens 7) Full-size
      653 words
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  • THE LAW PAGE
    • Article
      What are a director's duties?
      1318 12  -  Leow Chye Sian examines a case which helps clarify what a director can and cannot do Leow Chye Sian The writer is a senior lecturer in business law in the School of Accountancy and Business at Nanyang Technological University CAN a director enforce a service
      1,318 words
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      718 12 aJKT Bangkok Bank Public Company Limited Ml (INCORPORATED IN THAILAND) 19 9 4 Balance Sheet Statement of Profit and Loss As at December 31,1994 For the year ended December 31,1994 ASSETS 1994 1993 1994 1993 BAHT BAHT CASH AND DEPOSITS AT BANKS INTEREST AND DIVIDEND Cash —at INCOME in Thailand
      718 words
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      811 12 AM E RICAN EXPRESS BANK mmmt aAMvy •fAmrina Ifna Cwnpaay) itn CONSOLIDATED FINANCIAL STATEMENTS Wb»« tbrt NT IJbKwIl YEAR ENDED DECEMBER 31, 1994 Skwaraßra>c*cltCal|nrQ«mskpporaolo4 .m«iWKiigiinrihw M AKXXW. suGafoat CONSOLIDATED BALANCE SHEET (Millions of US dollars, except share data) REPORT OF ERNST YOUNG, December 31 1994 1993 INDEPENDENT AUDITORS am Cash
      811 words
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  • SPORTS
    • Article
      Lock icon Pierce toppled by Tauziat at Centre Court
      488 13 Wimbledon AP Reuter WIMBLEDON, England Mary Pierce's first Wimbledon didn't last long. The fifth-seeded Pierce was beaten in the second round yesterday by Nathalie Tauziat of France 6-4, 3-6, 6-1. The 20th-ranked Tauziat, coming oft" a victory in last week's Wimbledon warm-up at
      AP; Reuter  -  488 words
    • Article, Illustration
      Lock icon Illingworth's critics eat their words
      390 13  -  From Michael Karem in LONDON THOSE commentators who loudly condemned Ray lllingworth's English selection had to eat their words on Monday at the end of an enthralling match which saw England square the series with West Indies at one each. For those such as myself
      Reuter  -  390 words
    • SPORTSHORTS
      • Article, Illustration
        Lock icon Boxing
        99 13 AFP MANUKA Heavyweight champion Riddick Bowe has donated US$3,OOO (554.200) to the family of a Filipino fan electrocuted while watching the television coverage of his World Boxing Organisation (WBO) title defence. Okong Yap, 29. suffered a fatal electric shock at home in the southern city of Cotabato while attempting
        AFP  -  99 words
      • Article, Illustration
        Lock icon Golf
        54 13 AFP MELBOURNE Jack Nicklaus is likely to play in this year's Australian Open at the Kingston Heath course in November, promoters said on Tuesday. Nicklaus, who has won 18 major titles and six Australian championships, would join three-time winner Greg Norman and. probably, fellow American John Daly as the
        AFP  -  54 words
      • Article, Illustration
        Lock icon Rugby
        298 13 AFP PRETORIA British Prime Minister John Major has congratulated President Nelson Mandela for South Africa's victory at the World Cup that ended here on Saturday, the British embassy said on Tuesday. "My very warmest congratulations on South Africa's splendid victory in your hard fought battle against New Zealand," Major
        AFP  -  298 words
      • Article, Illustration
        Lock icon Tennis
        300 13 AP WIMBLEDON The women's doubles team of Martina Navratilova and Steffi Graf, scheduled to make its debut at Wimbledon yesterday. has withdrawn. The Women's Tennis Association announced on Tuesday night that Graf withdrew because she "did not want to aggravate her back". Graf won her first-round singles match on
        AP  -  300 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      486 13 WE'VE INVITED OUR ADVERTISERS TO TEE~ To all advertisers who are taking part in tomorrow's Business Times 19th Anniversary Golf Tournament happy golfing! 30 June 1995»«Tanah Merah Country Club, Tampines Course IST TEE 10THTEE 8.04 m 8.25 m 7.44 m 8.05 m PohAhHai John Chan Michael Pang Balbir Singh LimKianTiong
      486 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      367 14 The World's j J Favourite Beer, where to wine, dine and entertain L WOWIDS LAKGjEST SELLING BEER J K 5 f,./ -y -VaR TH€ MOST RUTHCNDC ITRUfIN PftSTfl PIZZA IN TOWN PASTA FKESCA DA SAIVATOtI PTI LTD^jßf 77tlmrEatCwtls^#01-01/92yiS4S) IS22SJ M j41i341/M1>474 If 30 June -23 July M jieff's Here! J|
      367 words
    • Advertisement
      Page 14 Advertisements Column 2
      242 14 ACE OF HEARTS in acdon. From 7pm lasn, 'Mondays 10 Thursdays; 7pm 2am, Fridays. Saturdays eve of public holidays. At the MISCHIEF. Karaoke with our OJ on Sundays Mischief A BOULEVARD HOTEL, 200 Orchard Boulevard Singapore 1024 Tel: 7V 2911 V Dream >< T:-A I ji Highlights of our packages
      242 words
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      Page 14 Advertisements Column 3
      435 14 Super Prizes for Super PunlttloiMfe Calling ail jigsaw puzzle, enthusiasts! sth Singapore Jigsaw Puzzte CcWpJTtion 95 presented by Ptaza Hotel is how o». Apart from all the exciting jigsaw events, an extra challenging 2-in-1 puzzle awafty those who dare! So sign up now as individual or a team. Heats on
      435 words
    • Advertisement
      Page 14 Advertisements Column 4
      334 14 =^61 fancy 'Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian fin 'Beijing dumplings, a selection of set menus, and Beijing specialities Hfn/\ such as Beijing 'Dueßaf&dTench and Marinated Lamb. Jancy some now f j^TMJRAY? I —I
      334 words
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  • LIFESTYLE
    • Article, Illustration
      French fete with a bang
      708 15  -  France will showcase more of its talents in a bigger and better festival, reports Corinne Kerk Corinne Kerk FOR THOSE of you who remember and enjoyed the first French Festival held here two years ago, the good news is that it's coming back and on
      708 words
    • Article, Illustration
      Lock icon Grant's seven-year itch leads to sexcapade
      391 15 Reuter THE arrest of British actor Hugh Grant, best known as a shy romantic in the film Four Weddings and a Funeral, for allegedly having sex with an American prostitute was front page news in Britain yesterday. Grant, 34, was booked in Los Angeles
      Reuter  -  391 words
    • Article
      Lock icon Princess Stephanie to wed ex-bodyguard
      332 15 CHATTERBOX AP AP AP AFTER months of rumours, it's finally official. Princess Stephanie of Monaco will wed Daniel Ducruet, her former bodyguard and father of her two children, on Saturday. Stephanie's lawyer, Thierry Lacoste, made the wedding announcement from his Paris office on Tuesday, saying
      AP  -  332 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      28 15 frtxUkrrolfiMilcrmPtUMf kKfIMvUB. DISCO. KTV Presents FRONT PAGE BOOK NOW for the KTV Rooms special promotion (For reservation please call *****30) Swimwear Fashion Show Tonight! Singapor* 1130 Tel: *****36
      28 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1182 15 1 TV RADIO HiAaAkiia* ugifl Lfe* Great Crimes and Trials, 9pm, V?* I 61(12 |PP H BP9 Chicago businessman John Wayne Gacy would dress as a amuse How- m the 70s, Gacy by killing people. With at least Gacy the j of Wonder, 9.30pm, Ch 12 Photographer cameras to capture
      1,182 words
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  • Article
    The great European job hunt
    484 16 EUROPEAN Union heads of government concluded their two-day Riviera summit this week with a less than rousing call to arms on the question of mass unemployment. The EU economy "must be made more dynamic", the assembled leaders announced. Greater dynamism will, it is hoped, help
    484 words
  • Article
    Steady does it in Indonesia
    376 16 ANY ATTEMPT to divine the direction in which Indonesia will travel must take into account one crucial factor the longevity of President Suharto. He is reported to be in absolute control and personal prestige has risen with his international forays, chiefly over Apec and the
    376 words
  • Article
    Maintaining the edge
    148 16 PRIME MINISTER Goh Chok Tong's remark that the government is glad to see slower economic growth as long as it does not lead to a sharp rise in unemployment is in no way a suggestion that Singaporeans can slow down. What it really means is that Singaporeans
    148 words
  • Article
    A significant move
    166 16 A South Korean freighter carrying 2,000 tonnes of rice left Tonghae port for North Korea last night. Sea Apex is the first South Korean ship to enter North Korea. Under an agreement by the two Koreas, South Korea will provide 150,000 tonnes of rice to the poor
    166 words
  • Article
    Biting the bait
    130 16 THE billion ringgit question now being asked on the Kuala Lumpur stock market is when will the impact of the liberalisation moves announced last week be felt. Will the fund managers take a bite at what some analysts say is "an attractive bait" and flock to the
    130 words
  • Article
    Token changes
    111 16 LEGISLATORS have welcomed the government's decision to amend police (and other law enforcement agencies') powers to search for and seize journalists' material, and there has been cautious support for the proposed repeal of the government's powers to deport and detain suspects and requisition land under the Emergency Regulations
    111 words
  • Article
    More press freedom
    112 16 A SIGH of relief will be heard in Hongkong, once the government has carried through its initiative to reform the draconian laws against press freedom that have been on the statute book since the *****. Predictably, the sigh will not be echoed in Beijing. The Chinese object
    112 words
  • Article, Illustration
    Big Bang Mark II hits City
    951 16  -  Barings' collapse has set off a new wave of foreign acquisitions in London's financial sector, reports Neil Behrmann Neil Behrmann The writer is a London-based journalist who contributes to BT THEY are talking about Big Bang Mark 11 in the City of London. In
    951 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      174 16 in fa tut i 1 COOL, COMFORTABLE, UAIR raicima OR NON-IRONING, SUPER ABSORBENT STAIN-RESISTANT, AND OH-YEAH, EYE-BROW RAISING. Now the problem shirts. They're either nice, smooth, neat neatness and and dust-attracting (not to mention ironing-free hair-raising due to static properties of f <*rf I— I i o More stain-resistant than
      174 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      68 16 f-)f nll hrvc You sg£n\ltmcm BeueYE. v foc> me,— uie I A DON'T KNCKaJ U)HV A 9 MCCD R Rj6uc ff£U\T.OMS LeMOOP>Pu6Lic' I FRoOVCTj>J I D£Pp\fJTMe.NT J RCLATONS J v -y POONESBURY GARRY TRUDEAU I RUNOFFMfIH I ABOUT 6miN6 I I I j ALL TUB MEN U I mrufw /6wase-
      68 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Investors face bumpy ride on highways of China
      1091 17  -  Asian INFRASTRUCTURE A monthly series Developing transport networks is a priority in China, Indonesia and the Philippines. Build-operate-transfer projects are the buzz, reports S N Vasuki S N Vasuki INVESTING in China's highways sector is proving to be a mixed blessing for
      Reuter  -  1,091 words
    • Article, Illustration
      Manila seeks repeat of success story
      687 17 THE Ramos administration is betting that its success in attracting foreign investment in the power sector can be repeated in highways. It has unveiled five priority BOT (Build-Operate-Trans-fer) projects, involving total investment of U554.65 billion (556.46 billion) on 869 km of roads. Dr Alan
      687 words
    • Article, Illustration
      Lock icon Jakarta woos private capital for toll roads
      1144 17 INDONESIA'S Public Works Minister Radinal Moochtar is an extremely busy man these days. Ever since the government unveiled an aggressive plan in April to substantially increase private investment in toll roads, some of the biggest names in the construction business have been beating
      Reuter  -  1,144 words
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  • Article
    Lock icon US wants to engage China, not contain it, says Lord
    507 18 UPI WASHINGTON The Clinton administration is pursuing a strategy that engagement of China's Communist regime instead of containment will be the key to maintaining American interests in Asia into the 21 st century, officials told a House panel on Tuesday.
    UPI  -  507 words
  • Article
    Lock icon Cable & Wireless, Veba one step closer to global alliance
    336 18 Cable Wireless, Veba one step closer to global alliance Bloomberg Business News LONDON Veba AG and Cable Wireless pic have sealed an alliance to operate telecommunications services across Europe in what is expected to be the first stage of a larger global partnership with a US-based company. The German utility
    Bloomberg Business News  -  336 words
  • Article
    Lock icon Syrian tie-up is to block Iran's nuclear designs, says Israel
    144 18 AFP JERUSALEM Israel wants to build a coalition with Syria to block Iran, which could become a nuclear power within six years, Foreign Minister Shimon Peres said yesterday. "By negotiating with Syria, we are trying to establish a strategy and
    AFP  -  144 words
  • Article
    Lock icon Five partners to build Japan-UK fibre optic cable link
    268 18 AP TOKYO Five partners from Asia, the Middle East and the United States will build the world's longest fibre optic cable, linking Japan and Britain, an executive from one of the partners said yesterday. The cable, which will be able to
    AP  -  268 words
  • Article, Illustration
    Lock icon Tory heavyweights ready to run against Major in 2nd ballot
    294 18 AFP AP LONDON Two heavyweights in Prime Minister John Major's cabinet yesterday refused to rule out standing for his job should he fall in the first round of a self-imposed Tory leadership battle next Tuesday. Employment Secretary Michael Portillo and
    AFP; AP; Reuter  -  294 words
  • Article
    Lock icon Apec action plan will be ready for Osaka meeting: Japan
    369 18 The Straits Times TOKYO Japan says it will be ready to steer Apec towards a clear plan of action when it meets in Osaka in November. Japanese Foreign Ministry officials yesterday described as "totally unfounded" perceptions that Japan was moving
    The Straits Times  -  369 words
  • Article, Illustration
    Banks can trim prime, board interest rates, but will they?
    876 18  -  The Bottom Line ALVIN TAY ALVIN TAY The writer is BT's news editor ARE local banks running a quiet campaign of their own to promote thrift among the small depositors? How else would you explain why local banks' existing interest
    876 words
  • Article
    Lock icon Rise in US import prices hits 6-year high
    250 18 Bloomberg Business News WASHINGTON Prices paid by US businesses for imports rose for the fifth consecutive month in May increasing the risk of higher inflation as the cost of non-petro-leum imports posted the largest gain in more than six years. Total import
    Bloomberg Business News  -  250 words
  • WORLD IN ABOX
    • Article
      Lock icon Today's fathers
      87 18 Reuter HELSINKI Male officials yesterday revealed their nappy-changing habits as part of a bid to help European men break free of macho stereotypes and cultivate their more feminine traits in family life. "I changed nappies years ago," said Bernard Durkan, minister of state from Ireland's department of social
      Reuter  -  87 words
    • Article
      Lock icon Rabin's govt survives
      66 18 AFP JERUSALEM Prime Minister Yitzhak Rabin's coalition government yesterday fought off a parliamentary no-confidence motion against the Israeli army's scheduled redeployment on the West Bank. The right-wing Likud and National Religious Party brought the motion saying a pullout from Palestinian towns would endanger the lives of the
      AFP  -  66 words
    • Article, Illustration
      Lock icon Aid for S Africa
      95 18 AFP TOKYO Japanese Premier Tomiichi Murayama will offer US$lOO million (SSI39 million) in low-interest loans to South Africa when President Nelson Mandela (right) visits here next week. Foreign ministry officials yesterday said it will be Japan's first yen loans under its official development assistance (ODA) to
      AFP  -  95 words
    • Article
      Lock icon An illustrated Constitution
      80 18 Reuter BRAZZAVILLE The Constitution of Congo, whose transition to multi-party democracy has been difficult and often bloody, has been produced in cartoon strip form to make it accessible to a wider public. State media yesterday said Germany's Hanns Seidcl Foundation funded the project for a Congolese artist
      Reuter  -  80 words
    • Article
      Lock icon Protecting the US flag
      99 18 Reuter WASHINGTON The US House of Representatives was set to vote late yesterday on a constitutional amendment to protect the American flag, and supporters are confident it will pass by the required two-thirds majority. "We are going to respond to the will of the overwhelming majority
      Reuter  -  99 words
    • Article
      Lock icon Let Orange County stew
      78 18 Reuter SANTA ANA, California Residents of California's bankrupt Orange County have refused to help rescue the county from financial ruin, voting in force to reject a controversial half-cent sales tax increase. More than 61 per cent of Orange County voters rejected the tax measure on Tuesday,
      Reuter  -  78 words
    • Article
      Lock icon Smooth entry
      65 18 Reuter PAPEETE, French Polynesia France authorised the Rainbow Warrior yesterday to sail into its South Pacific waters, where it is to stage a protest against France's decision to resume nuclear weapons testing. The French Polynesian High Commission said it had given the Greenpeace flagship, a worldwide symbol for
      Reuter  -  65 words
    • Article
      Lock icon Sudan-Egypt clash
      105 18 AFP CAIRO Sudanese and Egyptian soldiers clashed in a disputed border area, leaving wounded on both sides as tension rose after the failed attempt on President Hosni Mubarak's life. An official yesterday said the clash erupted late on Tuesday after Sudanese soldiers opened fire at an Egyptian patrol
      AFP  -  105 words
    • Article
      Lock icon Japan's largest donor
      103 18 Reuter PARIS Japan was the largest donor to poor countries in 1994, holding the top spot for the second year by giving US$l3.2 billion in aid, the Organisation for Economic Cooperation and Development (OECD) said yesterday. But the rich world as a whole, struggling to rein in
      Reuter  -  103 words
  • Page 18 Advertisements
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  • COMPANIES & MARKETS
    • Article, Illustration
      CASH confirms rejection of tie-up with Barito
      546 19  -  By William Chia SINGAPORE Construction Supplies House Bhd (CASH) yesterday confirmed market rumours that the Malaysian Securities Commission has rejected its proposed M 52.59 billion (551.48 billion) deal with Indonesia's PT Barito Pacific Timber. CASH'S merchant banker Utama Wardley Bhd said in a
      546 words
    • Article
      Why Barito-CASH deal was rejected
      748 19  -  HOCK LOCK SIEW By Leslie Lopez JAKARTA In June last year, Indonesian tycoon Prajogo Pangestu stunned the Kuala Lumpur and Jakarta markets when he revealed plans to wrest control of Malaysia's Construction Supplies House Bhd (CASH). Touting the deal as a grand timber alliance, company
      748 words
    • Article
      Liang Court plans US$84m loan issue
      406 19  -  Proceeds raised will go to investments and debt refinancing By Abdul Hadhi SINGAPORE Liang Court Holdings, which has just won another management contract in Bangkok, plans to raise about US$B4.3 million (SSIIB million) for its local and foreign investments and to refinance its debt.
      406 words
    • Article, Illustration
      Business as usual at YHS: MD Alex Chan
      396 19 Singapore it's business as usual at beverage group Yeo Hiap Seng, and staff morale is good, YHS managing director Alex Chan told Business Times yesterday. YHS is the prize in a hostile takeover bid mounted on Monday by a powerful consortium led
      396 words
    • Article
      Analysts expect continuity at OCBC Bank
      494 19  -  By Quak Hiang Whai SINGAPORE Analysts expect little change at OCBC Bank after the impending departure of chairman Tony Tan, who is rejoining the government as Deputy Prime Minister. Analysts contacted by BT say the bank will continue to grow and flourish in its
      494 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        52 19 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Credit Lyonnais Securities. Daiwa, Fraser. G K Goh, Kay Hian. Morgan Grenfell, Ong Co. Nomura, Phillip. Smith New Court. W Carr and S
        52 words
      • Article, Illustration
        HOT STOCK
        92 19  -  By Paul Leo LIEN HOE is a buy at yesterday's close of $1.61 but investors must be prepared to hold it for a few months. Stochastics are below 25, indicating an oversold situation, but Moving Average Convergence Divergence Indicators are oscillating around zero, pointing to a consolidation. Supports
        92 words
    • COMPANIES
      • COMPANYBRIEFS
        • Article
          CAM interim earnings up 9%
          64 20 SINGAPORE CAM Mechatronic has posted a 9 per cent increase in net earnings to $4.56 million for the six months to March 31, due to strong demand in the computer industry. Turnover grew 18 per cent to $57.5 million from $48.71 million previously. CAM said
          64 words
        • Article
          Alliance Multimedia in joint venture
          74 20 SINGAPORE Alliance Multimedia, a wholly-owned subsidiary of Alliance Technology and Development, has set up a new company to develop virtual reality shows and products in a joint venture with the Institute of Systems Science Corp. Alliance will hold a 70 per cent stake in the
          74 words
        • Article
          Amtek takes stake in Fisher Tech
          70 20 SINGAPORE Amtek International, the investment subsidiary of Amtek Engineering, has accepted an offer to take one-third stake in the shares of Fisher Tech, a precision plastic parts maker. Amtek will buy one million new shares of I each at a subscription price of $2
          70 words
        • Article
          JEL now a Jurong Shipyard associate
          46 20 SINGAPORE Jurong Shipyard Ltd announced that its shareholdings in Jurong Engineering Ltd (JEL) had reached 8.25 million shares or 20 per cent of JEL's issued share capital on June 27. JEL has thus become an associate company of Jurong Shipyard.
          46 words
        • Article
          Pan Pacific Public director ups stake
          44 20 SINGAPORE Pan Pacific Public Co said that one of its directors, Yap Boh Pin, had acquired 125,000 shares at $0.50 per share through the firm's last rights issue, bringing his total shareholdings to 375,000 as at March 31.
          44 words
        • Article
          Lock icon KFC plans 20 more outlets in M'sia
          77 20 AFP KUALA LUMPUR KFC Holdings (Malaysia) Bhd said yesterday that it would open another 20 restaurants this year to cater to chicken-lovers in Malaysia and Brunei as a boardroom battle continued to unfold. The company, which operates Malaysia's largest fast-food chain through a
          AFP  -  77 words
      • Article, Illustration
        Lock icon Clipsal to launch three expansion projects this year
        456 20  -  By David Mok SINGAPORE Electrical accessories maker Clipsal Industries will set up a manufacturing subsidiary for architectural light fittings in China, venture into new markets and roll out a major product line later this year. Clipsal executive chairman Victor Lo yesterday said
        Photo by Chris Loh  -  456 words
      • Article
        Eng Wah earnings down 44% to $1.6m
        292 20 SINGAPORE Cinema operator Eng Wah Organisation yesterday reported a 44 per cent slump in net earnings to $1.65 million largely due to a dearth of Chinese blockbuster hits. Turnover dipped 10 per cent to $14.75 million for the year ended March 31, while
        292 words
      • Article
        Lee Kim Tah to raise $40m through rights
        335 20  -  By Paul Leo SINGAPORE Construction company Lee Kim Tah Holdings intends to raise $40.12 million through a one-for-10 rights issue of loan stock with warrants. Each right will entitle the holder to subscribe for $5 of loan stock with three warrants. The
        335 words
      • Article
        Hai Sun Hup profit hit by lower charter rates, strong S$
        340 20 SINGAPORE Marinebased Hai Sun Hup Group suffered a 15.5 per cent fall in net earnings to $20.2 million in the year to March 31, 1995. Announcing its results yesterday, the group attributed the fall to lower charter rates and
        340 words
      • Article
        Steamers forks out US$20m for fourth containership
        183 20 SINGAPORE Steamers Maritime has bought another containership for US$2O million (5527.8 million). Just last month, the marine and telecommunications group bought a similar ship. With the latest acquisition, it now owns four. Steamers said yesterday it bought the ship Kimanis through its 40
        183 words
      • Article
        Lock icon Timber tycoon leads Bank Duta revamp
        351 20 Reuter JAKARTA Indonesian timber tycoon Muhamad "Bob" Hasan has been appointed head of Bank Duta in a major reshuffle. At an annual meeting here yesterday, shareholders also voted to replace the presidentdirector and two directors and expand the board of directors with three new
        Reuter  -  351 words
      • Article
        Untitled
        537 20 Maaagari' pricM Jun 29 Sh Greater China Fd 1.00® .|_i» X Mendaki Gr Fund 1.02 1.05® Singapore unit irust us Gr Fund 1.04 io8** The Commerce 1.55 i.64xd »u-t iu The Savings Fund 1.49 1 58 UWH ASSei mgl LOT S'porc Prog Fund 0.61 0.65 Unifiind 1.41 L47 Spore See
        537 words
      • Article
        Lock icon Taiwan brokers see mixed effects from convertibles
        358 21 Reuter TAIPEI Taiwan's cabinet has given final approval for Taiwan convertible bonds to be converted into stocks, but securities analysts yesterday saw positive and negative effects on the stock market. The cabinet's decision is the last approval needed for the measure. A cabinet
        Reuter  -  358 words
      • Article
        Lock icon Southcorp to buy Smorgan business
        81 21 Bloomberg Business News SYDNEY Appliance and packaging group Southcorp Holdings has agreed to buy the Smorgan family's plastics packaging business for AS 162 million (Ssl62 million). The acquisition includes a 50 per cent stake in a Malaysian packaging business which has contracts to supply bottles
        Bloomberg Business News  -  81 words
      • Article
        Lock icon Goodman Fielder to lift Asia profits
        84 21 AFP SYDNEY Australian food group Goodman Fielder has announced a revamp of its Asian operations aimed at doubling profits from the region within four years. The group said it had reorganised its Asian businesses into one organisation under Asian region chief executive Mark Holcombe.
        AFP  -  84 words
      • Article
        Lock icon Wharf unit gets HK telecom licence
        87 21 Reuter HONGKONG New T& T Hongkong, a unit of Wharf (Holdings), said it had been awarded a licence to compete with Hongkong Telecommunications in the domestic fixed telecommunications sector. New T T will start its service to business customers in October and to residential
        Reuter  -  87 words
      • Article
        Lock icon Morgan Stanley's equity trading head
        92 21 Bloomberg Business News HONGKONG Morgan Stanley Co has named Joseph M F Chan as head of equity trading and risk management for its Asian operations outside Japan. In taking up the post, Mr Chan will move to Hongkong from London, where he was head of
        Bloomberg Business News  -  92 words
      • Article
        Lock icon New laws for Aussie media ownership
        75 21 Reuter SYDNEY The Australia government said on Tuesday it would change media laws to stop television station owners from owning more than 15 per cent of a newspaper published in the same market. The limit also applies to a newspaper owner's television interests. The
        Reuter  -  75 words
      • Article, Illustration
        Lock icon Daimler sees huge losses, sets aside 1b marks to counter rise against US$
        389 22 Bloomberg Business News Reuter STUTTGART DaimlerBenz \G, Germany's biggest industrial group, said yesterday £t expects a "severe loss" in ;1995 after setting aside at least pne billion Deutschemarks (Ssl billion) to counter jthe mark's rise against the
        Bloomberg Business News; Reuter  -  389 words
      • Article
        Lock icon Corning Inc 2nd quarter earnings jump 23%
        192 22 Bloomberg Business News CORNING, New York Coming Inc said its secondquarter earnings rose 23 per cent, excluding a U*****.5 million (Ssslo million) charge the company took because its Dow Corning Corp joint venture filed for Chapter 11 bankruptcy in May. Profit from operations
        Bloomberg Business News  -  192 words
      • Article
        Lock icon UK retailer Sears warns of lower interim earnings
        220 22 Reuter LONDON Retailer Sears, best known for its Selfridges store in London, became the latest British stores group to suffer from tough trading conditions on Tuesday as it warned of lower first-half profit and disappointing sales. The group's shares fell on the
        Reuter  -  220 words
      • Article
        Lock icon SEC proposes new rules for IPOs, private placements
        653 22 Bloomberg Business News WASHINGTON The Securities and Exchange Commission has proposed a series of rule changes that would make it easier for companies to raise capital through stock sales. Under one proposal, private companies could test the market for their stock before
        Bloomberg Business News  -  653 words
      • Article
        Lock icon Viacom to pay US$83m to Paramount investors
        428 22 NYT NEW YORK Tired of dealing with arbitragers, Viacom Inc said on Tuesday that it will pay investors a total of US$B3 million (SSII6 million) for securities issued to shareholders of Paramount Communications when Viacom acquired it last year. The securities, called contingent
        NYT  -  428 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Entry of 10 major foreign banks a boost for Philippines
        552 24 Bloomberg Business News MANILA Foreign banks are making a comeback in the Philippines, after a hiatus since 1948 when all but four were banned for being potential destroyers of the economy. Under the economic liberalisation programme of President Fidel Ramos,
        Bloomberg Business News  -  552 words
      • Article
        Lock icon New rules for Bank of England come four years late
        252 24 Reuter LONDON The Bank of England will adopt new European rules which could have saved it more than £70 million (S$ 154 million) four years ago, after the collapse of the Bank of Credit and Commerce International (BCCI), banking sources
        Reuter  -  252 words
      • Article
        Sicom introducing new permit to boost coffee futures trading
        229 24  -  By Siow Li Sen SINGAPORE The Singapore Commodity Exchange (Sicom) is introducing a new Sicom trading permit which costs $750 for six months to boost trading and increase liquidity in the Robusta coffee futures contracts. In addition, it will also introduce
        229 words
      • Article
        Lock icon Mitsubishi Bank's move on problem loans hard to copy
        507 24 Bloomberg Business News TOKYO Mitsubishi Bank's move to package real estate collateral on problem loans as bonds for sale in Europe will be difficult for ether tipinrir banks to replicate, government officials and analysts said. The Nihon Keizai newspaper reported that
        Bloomberg Business News  -  507 words
      • Article
        Lock icon HK banks' profits expected to rise 10%
        187 24 Reuter HONGKONG Hongkong banks' profits will grow an average 10 per cent in 1995, according to a bank report. The Bank of China's Hongkong branch said in a report that deposits could grow faster than lending this year, while the rising cost of
        Reuter  -  187 words
      • Article
        Lock icon Indian oil firms offer great opportunities: study
        370 24 Reuter BOMBAY India's oil exploration and production companies offer a great opportunity to investors, investment firm Smith New Court said in a study on India's oil and gas sector. "Oil and gas demand will grow 20 per cent faster than GDP, imports are
        Reuter  -  370 words
      • Article
        Asian crude oil refiners face rocky future
        328 24 SINGAPORE Refiners of crude oil in East Asia may look back on the second half of 1995 as a time of calm before the proverbial storm. While refinery executives expect profits from the business of transforming oil into refined products to stay above
        328 words
      • Article
        Lock icon LONDON
        185 24 Reuter LONDON The dollar was stable in early Europe with the market fixated on the outcome of the US-Japan car talks but convinced they were doomed to failure. Although market watchers anticipated mild knee-jerk dollar selling if the negotiations were fruitless, dealers said lack of agreement was well priced
        Reuter  -  185 words
      • Article
        Lock icon NEW YORK
        88 24 AFP NEW YORK The dollar strengthened slightly against the major currencies yesterday in light trading as a make-or-break deadline in US-Japan trade negotiations neared. Around 1340 GMT, the dollar was trading at 1.3890 marks against 1.3870 on Tuesday and at 84.50 yen against 84.25. In London, the dollar
        AFP  -  88 words
      • Article, Illustration
        Untitled
        1340 24 I rade-»eighted index cakulalixl against S'pore's lop 14 trading partner* Base year 1985 US$/S$ forward rates Noon /Jun 28 S$ Bid Offer 1-month ***** 1.3919 2-month 1.3864 1.3879 3-month 1.3824 1.3839 6-month 1.3706 1.3726 Source: OCBC FOREIGN CURRENCY NOTE RATES As art San m Jun 28 Singapore dollars to oik
        1,340 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firm, Euroyen easier at close
        1293 25 SIMEX REPORT r k Reuter SINGAPORE Simex Eurodollars were firm at close while Euroyen were lower after narrowrange trade. Dealers said Eurodollars were trapped in sideways trade ahead of the upcoming Federal Open Market Committee meeting next week. They said market consensus was that
        Reuter  -  1,293 words
      • Article
        Bears tighten grip on rubber futures
        681 25 COMMODITY REPORTS Rubber TOKYO: All months of Tokyo rubber futures fell after investors sold all day, discouraged by Tuesday's bearish mood. Prices were 2.2 to 3.5 yen per kg lower, with benchmark December down 3.5 at 124.1. Investors liquidated long positions from the opening,
        681 words
      • Article
        Car row curbs Japan copper demand
        86 25 TOKYO The threat of US sanctions against imports of some Japanese cars is already curbing demand for copper and other non-ferrous metals in Japan. The threat of 100 per cent import tariffs on 13 models of Japanese luxury cars, announced midMay, has already prompted
        86 words
      • Article
        India-Kuwait refinery joint venture
        92 25 BOMBAY India's high-level Cabinet Committee on Economic Affairs on Tuesday approved a partnership deal between Indian Oil Corp and the Kuwait Petroleum Corp for a completely new refinery in eastern India, the United News of India said. The approval came a year after the two firms
        92 words
      • Article
        China sugar output down
        47 25 HONGKONG China's 1994-95 (Sep-Aug) sugar production reached 5.41 million tonnes, down from the previous year's levels near six million, the official Market Daily reported yesterday. Of the total, sugar produced from sugar cane was 4.46 million tonnes and from sugar beet 949,000 tonnes.
        47 words
      • Article
        US meat inspection plan blocked
        76 25 WASHINGTON The House Appropriations Committee yesterday approved, by a vote of 26-15, a plan to block the Clinton administration from going ahead with a long-sought revamping of USDA meat inspection procedures. Under the amendment approved by the committee, USDA, industry and labour unions would spend
        76 words
    • Article
      COMMODITY PRICES
      1411 25 SICOM Futures Mbir (fvtaras dosing as at 5.3tpa) RSS 1 Contract (S cents/kg) (lose Volume Open Month High Low Sett (tonnes) Interest hli 210.00 207.00 208.50 100 50 Aug 206.50 206.50 207.00 500 3925 Sep 205.50 202.00 202.50 850 1950 Oct/Dcc 201.00 201.00 201.00 975 6825 Jan/Mar 96
      1,411 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1016 26 +8.8 SHARE prices closed higher yesterday as investors snapped up stock at bargain prices after a weak morning session. "There is general uncertainty in the market, but it has got to a stage when bargain hunters are coming in," said a dealer. "It looks like it's going to be
        1,016 words
      • Article
        Manila
        579 26 +3.92 Share prices closed higher as bargain-hunters took advantage of the prolonged downturn that began last week. "Bargain-hunters focused on Philippine National Bank and Manila Electric," a dealer said. The PSE Index rose 3.92 points to 2,751.71. Turnover was 5.98 billion shares valued at 933.4 million pesos. The rise
        579 words
      • Article
        Taipei
        509 26 -97.13 Share prices closed 1.73 per cent lower as investors adjusted their holdings, with pulp and paper shares and textiles hit hardest, dealers said. "Investors turned cautious and adjusted their holdings while the market was undergoing a correction," said a trader. The 321-issue Weighted Price Index lost 97.13 points
        509 words
      • Article
        Seoul
        491 26 +3.91 Share prices posted a 0.5 per cent rebound after the government intervened to reverse a sharp drop triggered by jitters over the humiliating defeat of the ruling party in local elections. The Composite Price Index went up 3.91 points to settle at 872.68. Trading volume was thin with
        491 words
      • Article
        New Zealand
        300 26 -5.70 Shares ended slightly down after a quiet session. Telecom ended at NZ55.55, down one cent, but brokers said there still appeared to be some big sellers. About 2.56 million Telecom shares, worth NZSI4.2 million, were traded. The NZSE-40 Capital Index ended 5.70 points down at 2,025.32 on
        300 words
      • Article
        Bombay
        104 26 +22.96 stocks were mixed as tight money market conditions and high interest rates scared away investors, analysts said. Many companies are selling off their stock market investments to fund expansion plans rather than borrow at high interest rates, they said. But some speculators were building up positions for shortterm
        104 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        950 26 Britannia Funds Statiaf Cask Bid Oder Mini Cap Deposit 3*6400 3* 6300 Mm Jenty Gdl_ 0.1*93 ft 1992 Mim Mil Inconie ****** ****** USS CmI 1 Kane PVb Find 10 3100 II 1400 PS S Reserve Fund 3 5100 3 3200 0.4392 0 49IS Far East Fund *2.7650 ****** Man
        950 words
      • Article
        London
        713 26 -30.5 UK STOCKS tumbled for a second time this week amid concern that the Conservative government may relax its grip on inflation and spending no matter who wins the party's leadership contest. Interest-rate sensitive bank stocks paced the decline, on peculation that a shaky performance by the pound sparked
        713 words
      • Article
        Paris
        138 26 -12.22 French shares closed lower, pressured by weakness in US stocks and a lack of interest in the bourse. "It was a very calm day," a trader said. He said there was no primary force driving the market although Wall Street's weakness weighed on sentiment. The CAC-40 index closed
        138 words
      • Article
        Frankfurt
        215 26 -5.14 German stocks fell in postbourse trading after Daim-ler-Benz AG warned of severe losses for this year. The surprise move hurt major export and industrial stocks amid concern that the strong mark was hurting corporate earnings more than expected. Daimler, the third-heavi-est weighted stock in the DAX Index of
        215 words
      • Article
        Brussels
        259 26 -8.14 Belgian stocks fell to a 12day low amid concern that a trade dispute between the US and Japan might not be settled by last night's deadline, which will weaken the dollar, hurting Belgian companies with dollar-denomi-nated sales. Reports in the late afternoon that the US and Japan were
        259 words
      • Article
        Amsterdam
        308 26 -3.81 Dutch shares closed lower after dropping in stages throughout the session. A lower Wall Street pushed the market down in late trade and dealers noted some profit-taking. A slightly firmer dollar was not enough to reverse the trend. The AEX Index shed 3.81 points to close at 433.57.
        308 words
      • Article
        Zurich
        268 26 -8.3 Swiss stocks fell as investors sold machinery exporters and other industrials after Daimler-Benz AG, Germany's largest industrial group said it expects a severe loss in 1995. The loss is expected because it has to set aside one billion marks to cover currency-related losses after the dollar's recent slide
        268 words
      • Article
        Johannesburg
        322 26 -28.3 South African shares closed down in more active selling on Wednesday as jitters mounted over the slump in London and other markets, dealers said. Weakening of the rand and gold's dip to USS3B6/87 in late trade had little immediate impact. The Overall Index ended 33.9 points lower at
        322 words
      • Article
        New York
        742 26 -2.77 Stock prices turned slightly lower in active trading as the market took its cue from bonds, which reversed direction after a firm start. The Dow Jones Industrial Average, which slid 8.64 points on Tuesday, was off 2.77 to 4,539.84 at 11am EDT. The key barometer was ahead
        742 words
    • Article, Illustration
      Lock icon HONGKONG
      2725 27 Bloomberg Business News HONGKONG Stocks dropped as the government's first land auction since March sent mixed signals on the territory's property market. One site sold for more than analysts expected, while the other fell short of forecasts. Together, the sales provided few clues about whether property prices are recovering.
      Bloomberg Business News; Source: Bridge info; Source: Bridge Info  -  2,725 words
    • Article, Illustration
      Lock icon CHINA
      550 27 CLSA IN Hongkong, the H share index lost 2.60 points at 1,127.27 on turnover of HK565.5 million. Yizheng and Shanghai Petrochemical were the most active stocks, accounting for over 60 per cent of turnover. Kunming, the worst performer so far this year, closed at a new year low of
      CLSA  -  550 words
    • Article, Illustration
      Lock icon TOKYO
      2523 27 Bloomberg Business News TOKYO Stocks fell for a third day amid concerns that the trade friction with the US and the yen's strength would cut into exporters' earnings and derail Jat« pan's economic recovery. 2KL "The trade problem is one of the biggest concerns of the market right now,"
      Bloomberg Business News; Source: Bridge Info  -  2,523 words
    • Article, Illustration
      Lock icon BANGKOK
      1679 27 Reuter BANGKOK Shares closed slightly higher in sluggish trading with most investors holding back before Sunday's general election. The SET Index ended 2.75 points higher at 1,379.26 with 61.8 million shares worth 4.7 billion baht changing hands. Advances led declines 153 to 109, while 129 issues closed unchanged. "Most
      Reuter; Source: Bridge Info  -  1,679 words
    • Article, Illustration
      Lock icon JAKARTA
      1175 27 Reuter JAKARTA Shares were thought to be mixed at the close, with volume remaining thin and most players staying on the sidelines following computer woes. The exchange said it was having computer problems and could not release figures for its index. It returned to its manual trading system for
      Reuter; Source: Bridge Info  -  1,175 words
    • Article
      CLOB INTERNATIONAL
      2382 28 Cr Cr IW Lm Vol Da; LmQm Dt» DH VM Net M Cap High Lam Cimhh Srf» (IM) High l/n. Bayer SeOer CV P/K Ml MALAYSIAN STOCKS 471 196 n MSB 50c 36S -I 307 37S 364 366 J6S 3.0 -M 0 2 177.4 127 77.5 la AMDS
      2,382 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks fall on concern over US-Japan row
        6693 28 Bloomberg Business News KUALA LUMPUR Stocks fell on concern that the US-Japan trade dispute will spill over into Malaysia. "In the background is the concern that everybody has about international trade," said an analyst. "If there's protection in the air, it's not good
        Bloomberg Business News; Source: Bridge Info  -  6,693 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8901 29 IWAWUMW) Cf Cr M Wl >**9 Laat Val Day Laat Qm> Oh Di» M Net Cap A»I High Lw ■■>«■> Sale >/- COM) Hick Lew h>« Mbr CW P/t tail Price industrial and commercial 382 ml s Vnu 50c 450 ad unch MO 450 44* 450 22 5 5 8
        8,901 words
      • Article, Illustration
        Lock icon Share prices hit by foreign fund redemptions
        1855 30  -  By R Sivanithy SINGAPORE Fund redemptions from Japan, Europe and the US yesterday trickled into the local stock market, sending prices lower across the board in relatively thin volume. Local stocks were said to be now out of favour following the recent downgrading
        Charts by Bridge Info; Source: Bloomberg  -  1,855 words
  • Page 19 Advertisements
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      335 19 NEWS VALUE Economic growth will modorate to 7-8% this year, says MAS (pg 1) No surprises. PM to employers: face up squarely to strong S$ (pg 1) A rising Singapore dollar can be taken as a given in investment decisions. Liang Court plans USsB4m loan issue (this pg) Financing terms
      335 words
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      620 20 J.R Morgan Co. Incorporated Parent company of Morgan Guaranty Trust Company of New York JIIVI Consolidated statement of income for IW4 JI'M Consolidated Imiloiicc slkvl at IKtciiilht .'II, 1994 (Condensed) (Condensed) In millions ftAin Net interest revenue except per share ilala Assets in milium* Interest revenue $8 379 Cash and
      620 words
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      1013 21 CONS| cP* B iaa Wi Fine Wine Facts fflotAsc/uld Pauillac Bordeaux's most famous Chateau and wine, Lafite Rothschild, with its elegant undersized and understated label has become synonymous with wealth, prestige and wines of remarkable longevity. The Chateau itself is a 16th century manor. The vineyard, one of the largest
      1,013 words
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      Page 21 Advertisements Column 2
      522 21 coNstHp If Fine Wine Facts (j/uiteaii ffliuit "Haut Brion is undoubtedly making wine that merits its first growth status" Haut Brion is the only non-medoc estate to be included in the famous 1855 classification of the wines of the Gironde. The proud and talented Jean Delmas manages the Chateau for
      522 words
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      Page 22 Advertisements Column 1
      918 22 (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of Rothmans Industries Limited will be held at its Registered Office, Virginia Park, 905 Bukit Timah Road, Singapore 2158 on Friday, 21 July 1995 at 10.30 a.m. for the
      918 words
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      Page 22 Advertisements Column 2
      163 22 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
      163 words
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      Page 23 Advertisements Column 1
      158 23 Shanghai Laixing Plaza can let you enjoy a 25% Rental Returns UP FRONT. iin Dr,™ /„fw oo u.m Installments paid before Developer guaranteed Rental Returns Net down payment Unit unit Price (after i/ 0 less) TOP (40% of unit price) at TOP required 7-H *****,305 *****,922 Ss63 F O76 T)
      158 words
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      Page 24 Advertisements Column 1
      116 24 Seminars to Suit Every Need The Orchard Parade Hotel's banquet department has the expertise and facilities to satisfy your seminar requirements. What's more, we're conveniently located outside the CBD. Highlights of our full-d&y seminar from $30 per person (minimum 50 persons) include: Use of overhead/slide projector with screen Whyteboard and
      116 words
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      Page 24 Advertisements Column 2
      49 24 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a dally copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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      Page 26 Advertisements Column 1
      40 26 Piaget. True values never change. Piaget Boutique and Service Centre. Jr *01-01 Mandarin Shopping Arcade, The Mandarin Singapore, Orchard Road, Singapore 0923. 732 JOA/LLIER EN HORLOGERIE DEPUISIB74 gen£ve lajMMMfcfcJMMßhMttiiiiA'Jtiti -ft* The Milan, Stockholm and Toronto market reports were not available.
      40 words
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      49 28 HBE// Since 1733 there has NEVER BEEN A QUARTZ BIANCPAIN WATCH. And there never will be. MIWIIM THE HOUR GLASS TjUsNnwya Shopping Centre M 7342*70 lucky Plan Id *****62 Scam W *****27 FWjuU Han W *****09 Rattle* M *****41 MALAYSIA THE HOUR GIASS IMIOCanM KiatolumpvU 03 *****20 i i«hmoa*h
      49 words
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      34 29 Time Makes The HERMES Sole Agent: DICKSON w ATCH JEWELLERY DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchid Road *01-03 Singapore 0923 Tel: *****00 I k| CENTREPOINT 176 Orchard Road #01-05/06 Singapore 0923 Tel: *****22
      34 words
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      Page 30 Advertisements Column 1
      27 30 colourful I Js lifestyle, K f./jf HI call I J 1 fashion 1 I Beauty r on >■■■ f L 1900-912-O^J, at 30 cents VV c* a minute.
      27 words
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      Page 30 Advertisements Column 2
      523 30 ADVERTISEMENT NOTICE IS HEREBY GIVEN that •I an Extraordinary General Maatlng ol HAVEN AUTOMATION (SINGAPORE) PRIVATE LIMITED (the Company*) haid on Vw 28ih day of Juna 1995. the following special reookoone ware paaaedE'SPECIAL RESOLUTIONS > Pursuant to Sactlon 76 of tha Companies Act, Cap. 50. approval b« and is hereby
      523 words
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      Page 30 Advertisements Column 3
      88 30 TOLL-FREE TEL. No. 1-800-741-1883 FA X "74-1-1298 Name of Company: Holiday. Cutler, Bath &Co Re Ltd. (In Liquidation) Address of Registered Office: c/o Don Ho Associates Certified Public Accountants 20 Cecil Street #12-02 The Exchange Singapore 0104 Court Supreme Court, Singapore Number of Matter Companies Winding up N0.143 of 1989.
      88 words
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      Page 30 Advertisements Column 4
      392 30 Gleneagles hospital SINGAPORE GLENEAGLES HOSPITAL LTD 5595,000,000 Floating Rate Notes Due 2000 In accordance with the provisions of the Notes, notice is hereby given that the Rate of Interest for the 3-month period from 29 June 1995 to 29 September 1995 (92 days) is 3.425% per annum, with a Coupon
      392 words
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      Page 30 Advertisements Column 5
      499 30 Singapore Closing Share Prices 28/06/1995 clou mav low mmm t «||f UN IM W W w'w JartNn* MiVimm 7SO 7.70 7.40 7.70 FGBSn JWSIM* otiamu la im UJ in LWJ Dairy Pan* OS* 0.00 OJM 0.01 SSysfß —Pi iw is* 1.00 is 4 i.os ESEfIBH Mandarin Orlantat 1.00 1.00 ISO
      499 words
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  • BusinessTimes ShippingTimes
    • Article
      Lock icon DAILY FREIGHT
      533 31 Knight-Ridder Reuter THE Baltic Freight Index (BFl) eased five points to 2,002 in a market that brokers said lacked short-term direction. That situation was exacerbated by the fact that South Korean charterers, who exert influence in most areas, are on holiday. Some saw today's losses in the freight
      Knight-Ridder; Reuter  -  533 words
    • Article
      Lock icon Shipping lines turning to China and Taiwan ports, HK seminar told
      246 31 Reuter HONGKONG Delays in Hongkong's container port development have caused shipping lines to start looking to Chinese and Taiwanese ports, said Henrik Zeuthen, managing director of Maersk Hongkong. He told a seminar that Sin-o-British political wrangling has stopped local
      Reuter  -  246 words
    • Article
      MARITIME STOCKS
      322 31 SES '000 Jun 28 S$ Vol CWT Distribution 1.56 -0.03 28 Chuan Hup Holdings 1.13 unch 42 Cosco Investment 1.67 -0.03 18 Cosco Investment A 1.74 Far East Levingsto 6.5 unch 203 GB Holdings Ltd 0.755 +0.005 13 Hai Sun Hup Group 0.82 unch 160 Hitachi Zosen Sing
      322 words
    • Article
      Anera shipping lines withdraw planned fuel surcharge hike
      433 31  -  By Alec Almazan SINGAPORE In a move indicative of the stiff competition in the liner trades, member shipping lines in the Asia North American Eastbound Rate Agreement (Anera) withdrew a previously announced fuel surcharge increase. In a statement from San Francisco, Anera
      433 words
    • Article, Illustration
      Lock icon Training for the deep end
      59 31 Reuter ST PETERSBURG Russian seamen taking part in a rescue operation exercise on a training ship Kamensk, near St Petersburg out in the Finnish Bay which is used as a training base. Every Russian seaman has to undergo rescue operation training at one of the
      Reuter  -  59 words
    • Article
      Lock icon More ports needed to take load off Tg Priok, says Indon minister
      251 31 Reuter JAKARTA Indonesia needs more ports to cope with rapid container traffic growth which is clogging up Jakarta's main Tanjung Priok port, Industry Minister Tunky Ariwibowo said. "We have problems in the harbour because of the high growth
      Reuter  -  251 words
    • Article
      Lock icon Hull of Liberian tanker found
      103 31 AFP SEOUL South Korean and Japanese maritime police have found the hull of a Liberianregistered freighter which sank with all hands off the Korean coast last week after a mid-sea collision, news reports said on Tuesday. Yonhap news agency quoted the police in nearby Cheju
      AFP  -  103 words
    • Article
      Laid-up and idle tonnage hits year's high of 9.3m dwt
      339 31  -  By Rahita Elias SINGAPORE The volume of tanker and combined tonnage laid-up or idle in May hit 9.3 million deadweight tonnes (dwt) the highest for the year. According to London-based E A Gibson Shipbrokers, 92 tankers and combined carriers were
      339 words
    • Article
      Lock icon Hijacked ship: Panama steps in, appeals to China for help
      255 31 UPI SINGAPORE Panama embassy officials in Singapore yesterday said they are appealing to Chinese authorities to stop a Panama-registered, Singaporeowned cargo ship hijacked in the Gulf of Thailand on Friday and now bound for southern China. The ship's Singaporean owner
      UPI  -  255 words
    • Article
      Lock icon Thoresen shipping group gets nod for Thai listing
      137 31 Reuter BANGKOK Thoresen Thai Agencies pic said Thailand's Securities and Exchange Commission (SEC) has approved its application for an IPO. Thoresen, a shipping industry group, said it plans to conduct its public offering between July 19 and 21, subject to the SEC's
      Reuter  -  137 words
    • Article, Illustration
      Lock icon Pressure on Britain's ro-ro facilities
      945 32  -  Trade with the European Union is growing strongly, good news for Channel ports. John Prescott looks at their response to demand for more capacity John Prescott Lloyd's List THE end of the economic recession in Europe, expanded membership of the European Union and a ports
      Lloyd's List  -  945 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      315 32 Page •ANL 3 Able 7 Accord 10 •Ahlers 6 •Ahrenkiei 4 •Appcnship 4 Astro 10 Austral 11 Avant 6 BSA II Batamindo 7 Bright Express 6 •CCNI 4 •CM A •COSCO 7 •CSAV 3 Centenary 7 Central Ex 11 Chahaya 4 •Cho Yang
      315 words
    • Article
      THE SHIPPING GUIDE
      11439 38 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 :s the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule
      11,439 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        535 43 J *wmI tirtfc Arrival O^arttra t Jwang Part 5 Dm Gum *****5 J21 alongsjde 2906/2300 S lUyax 01/95 J16/17 alongside 29 06/1500 lUwdo 06/12/95 J1 atongsjbe 2906/1300 Jj Rachmanuel I 13 alongule 29 06/2300 Central 07/95 J3 alongsrte 29.06/2300 **:Swyabl Y24 J1 atongside 2906/2300 *jttenawski 15 J19
        535 words
      • Article
        CONTAINER SCHEDULES
        1545 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofcng/Balance ftdh SNp V>y Hi Etb/Bb ftrioi From T» Frwn Aa lade 2448 30/1100 3 29/0700 29/1159 29/1400 4 29/1200 29/1459 29/1700 Aa liy 064A 01/2300 1A 28/1500 28/1659 28/1900 IB 28/1500 28/1659 28/1900 4 29/1200 29/1459 29/1700 Aa
        1,545 words
      • Article
        COCKETT BUNKER MARKET REPORT
        849 43 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
        849 words
    • Air & Land Transport News
      • Article
        CIAS sets up China venture to service Guangzhou airport
        313 44  -  By Rahita Elias SINGAPORE Ground handler Changi International Airport Services has formed a joint venture in China to provide ground handling and terminal maintenance services at Guangzhou Bai Yun International Airport. CIAS said yesterday its 51 per cent subsidiary DMES Enterprises
        313 words
      • Article, Illustration
        Lock icon Seoul choked up
        56 44 Reuter SEOUL Heavy traffic inching its way past the construction of a subway in Seoul yesterday. With the city's mayoral election over, the residents of Seoul are waiting to see if the newly-elected mayor, Cho Soon, will hold good on his main campaign pledge to ease the
        Reuter  -  56 words
      • Article
        Lock icon Big Three US car makers aim to charm way into China
        348 44 Reuter SHANGHAI They may be talking tough with Japan, but in China the "Big Three" US automakers have taken a different tack: sweet words and smiles. On Tuesday, they made a new pitch by displaying their latest models at
        Reuter  -  348 words
      • Article
        Lock icon No mass car market in China: Volkswagen
        288 44 AFP SHANGHAI China cannot rely on cars to move its masses as in the West without triggering an ecological catastrophe, German car manufacturer Volkswagen said here on Tuesday. Martin Posth, chairman and president of Volkswagen Asia-Pacific, told reporters that the projected daily traffic
        AFP  -  288 words
      • Article
        Lock icon Airline execs slam fee rise at LA airport
        199 44 Reuter LOS ANGELES Executives from nearly two dozen airlines voiced opposition on Tuesday to a 32 per cent increase in landing fees at Los Angeles International Airport, claiming the city is neglecting the airport. In a letter released by the Air Transport
        Reuter  -  199 words
      • Article
        Lock icon Southwest tests check-in hand-held computers
        261 44 Bloomberg Business News DALLAS Southwest Airlines Co will test hand-held computers next month to assist passengers in baggage check-in. The Windows-based computers are part of Southwest's "ticketless" travel system, a programme airline officials say will save the carrier US$2O million (Ss2B million) annually* Beginning July
        Bloomberg Business News  -  261 words
      • Article
        Lock icon China raising air fares for foreigners by up to 30%
        337 44 AFP BEIJING China is to raise fares for foreigners travelling on its internal air routes by up to 30 per cent from July I, the official news agency Xinhua announced on Tuesday. The increases will affect "some" domestic fares, boosting
        AFP  -  337 words
      • Article
        Lock icon MAS urged to introduce more non-stop routes
        188 44 Bernama KUALA LUMPUR KL International Airport (KLIA), the new international airport being built in Sepang, 50 km from here, will be as competitive as Singapore's Changi Airport if Malaysia Airlines (MAS) introduces more non-stop routes, according to an industry analyst. Simon Pickup, a
        Bernama  -  188 words
      • LOGBOOK
        • Article
          Lock icon Boeing freezing spare parts prices
          129 44 MBT KUALA LUMPUR In an effort to help its airline customers reduce costs, Boeing Commercial Airplane Group announced that it will maintain the 1995 prices of its spare parts in the Spares Standards Catalogue at 1994 levels until June 30, 1996. This move, according to
          MBT  -  129 words
        • Article
          Lock icon EU urged to control airline subsidies
          101 44 Reuter PARIS The International Chamber of Commerce has urged European Union Transport Commissioner Neil Kinnock to impose stricter controls on state aid to airlines. It said subsidies distort competition and can delay needed restructuring. "If a liberalised market is to work properly, every participant
          Reuter  -  101 words
        • Article
          Lock icon Cambodia airline flying to Siem Reap
          129 44 AFP PHNOM PENH Royal Air Cambodge (RAC), Cambodia's national new airline, on Tuesday began a Boeing 737 service to Siem Reap, the site of the fabled 12th-century temples of Angkor Wat, company officials said. Previously, the airline and its predecessor, Kampuchea Airlines, flew smaller,
          AFP  -  129 words
        • Article
          Lock icon Harris team gets KL airport deal
          125 44 Bloomberg Business News MELBOURNE, Florida Harris Corp said it is part of a group that received an eight-year contract to develop an airport management system for Malaysia's Kuala Lumpur International Airport. Terms of the contract weren't disclosed. Harris said it has teamed with Malaysia's
          Bloomberg Business News  -  125 words
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          Lock icon KL-Seremban electric train run by Oct
          83 44 Bernama KUALA LUMPUR The Electric Train will run to Seremban, its southern most point from October this year, Deputy Transport Minister Oatuk Mohamed Ali Rustam said on Tuesday. Trial runs between Kuala Lumpur and Rawang would begin next month and after that free service
          Bernama  -  83 words
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        AIRCRAFT ARRIVALS & DEPARTURES
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      166 31 Your Choice, Your Satisfaction Tel: *****55 Fax: *****60 Pis see Pa 3 for schedule I Pressure on Britain's ro-ro facilities: Page 2 CIAS sets up China venture to service Guangzhou airport: Back Page This is to Keep all clients and business I associates informed of the following:- I (A) Our
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      1359 32 kll k m jkM tfii M IHHIHI I OTHER DeartNATIONa ~~l I NORTH AMERICA I tit—BTBtM.TO'WgCOWUCX) |WE»TCO««TOfCe<T»«l.«M«WCA»««»a«HIT««tn»IC«) 8IH<WO« IXPHtM WraCT FWOM WlgT COASTI I I i I I iMCDCO On VISS& |WT AN PIOHTZm]WHOA IUCIIAVOfTUSA PT (MMKA SA N IOtBIZO jKJUUTIA [VAUKA CtUZ ACAPMCO nwui ww im immin qui|m viMflum
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      221 32 Lines and services represented by Members of the Registry of Accredited (JttfiSJ* Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday Business Times I S'por# PXelengLoading For 1 CANALP SLD
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      928 33 WHOLESALE CENTRE, BLOCK 1,103-10 SINGAPORE 0611 TCL: *****55 (12 LINKS) FAX: *****10/*****25 TLX: R*****0/***** FttHIP vesa voy sum smett> kstwbion SMM 10/W 07/07 M/W IUJU/MlfiMM NO OIAKI l/Y) 05/07 07/07 nNTUMtfMIETI SUOROW m 03/07 M/ 07 BHUU/H&MG 6UFOMUO 01/07 03/07 JMUIU/MM6 SUIfDUUO 12/05 04/07 04/07 JMAIWMMNG SUHUr 10/05 07/117 01/07
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      Page 33 Advertisements Column 2
      1585 33 PAOFK SOUTH WEST EXPRESS (DWECT) vca vqy mitolship I uu 1 oaa 100 mhh I cot 1 wom I wye 1 mo« Idm 1 MOOKCM« MA »/M "W 14/87 I>/M It/*/ M/ 07 20/07 >1/17 21/07 P/ST" »/07 lunootnuvN MA M/V M/M 23/07 24/07 25/07 »/w 24/07 27/07 27/ M
      1,585 words
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      Page 33 Advertisements Column 3
      860 33 HANJIN SHIPPING Iraavßsa vor isi iwrnewsal sa rv» wl iKßavusa vor si iwroevßsa vor sw jj wn mo— smmmm oi« IM/07 i —kt v/n m/>7 w/07 obkshomom oo« m/ 04 ilboow woi m/m m/m m/m WW—I >141 113/07 I OUT M/M M/M 05/04 HUUNOWMM lot 07/07 HWHUMI 0111 10/ M
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      517 34 wsa «or m em am uu sm pcuk sn m uo rro oh wt i!lawßS —_n@__iA—izi—- ~~HA wt ~m ut~M \ur~mr hmmbbwbs m/m w w n/t ha I v/l iyy 17/7 wr m/ 7 [ZstuSmtn WTHUm USTMAVSM MONBU MM VOTUM jstsr- saaaa aga. r i 1 I"—m 1 niimn ii.n
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      Page 34 Advertisements Column 2
      1123 34 I NOR ASIA IVtMfa. VOY SM ALA LAS BCLvi^HAjJ^B^^^RO^ilN^FE^^LlU^^l SISSSy Hsw *m "*7 *87 22*7 tam 22*7 am am nm tun tun I 22!1222L min um nMn Itm nm 3M7 nm J 1 *7 n« ti/H km I yiMl r l I 7 mm n "M H* MM 07M OM)7
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      636 34 JAPAN/HONGKONG/STfUITS REQULAR SERVICE LOADING FOR PORT KLANQ/PENANQ VESSfr VOY SPORE P6UOAW6 PK6 PCX OCEAN ORAVE 2 SLO MPT ORIENT VENUS 17 tIJUL 03 JUL EXCEEO2 MPT 30 JUN PACIFIC GRACE 24 01 JUL PM (ELECTA I 03 JUL M JUL TAYA3AN TUJUM 15 03 JUL OS AH WHITE HAKUYO M
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      1210 35 STRAITS SHIPPING PTE LTD 10 Hoe ChiM| Road #11-01 Koppol Towers Sloiopore 0208 Tel: *****08 Far *****17 new guinea pacific jjjj SERVICE OF CHINA NAVIGATION CO) CARGO OUf SAILS SBS^ CJMAfiAM-S VHO4E KX.SkM.lta 29 Jw In Put NJm J T~ m*nMoft VMHEMMn.Ufe.KK tIttSMMM KM W.ia WW«—iwwiMt^mTOWWtlflMll CJMAfiAM-22 V9612E MMn. Ufe.
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      1162 35 4 Singapore Agent: I I j Afl|Q|f|A|H| P&O Containers (Singapore Agencies) Pte Ltd liVii J 10 Hoe Chiang Road, #07-01 Keppel Towers Singapore 0208 ■HK First Class Connections WORLDWIDE Te,; 225 2233 Tek>: RS ***** FNOCSP 225 5327/222 7517 CR Number. *****9 lOOOOZ P&O CONTAINERS With effect from Monday, 26
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      1128 36 EUROPEAIK/BCAHDINAVIA/FINLAND/RUSSIA SGP RDM HOG THP ANW LHV LHV MW fflf HOG ROM PKL SOP E ROYAL RVM2I 1/7 21/7 23/7 2V7 22/7 20/7 I. GENTRY RE-M3 5* M 6,0 1U 7* 3/7 E REFINE RW-M1 t/7 21/7 31/7 1/1 21/7 2/1 E. 6IANT R£-OM 1M 11* ISA 7/7 E. GENERAL
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      784 36 PERSIAN GULF SERVICE «55[ wr MP DUB 3u 555 MH KWT Ml UM CHART 0364-Q23W #MT7 IW7 1347 1 407 1&47 1547 IMJ7 unl Sown mat IW7 1747 UMCONCfRT OSWI7W 1797 7797 2E 222 52 S2 SE UM CONCOAO G3S7-02ZW 2&V7 34AM DM* OMM 07*» 07/08 07D8 ALSO ACCEPTMG KX.
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      636 36 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 UNES) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO: **********0E 1® ETHIOPIAN SHIPPING LINES (Nctknal Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Voy ETA Loading for Spore 4.W. IW 41WB 18A» Mombasa Djibouti I Assab, Massawa B KIEN
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      1798 37 MUM TO SOUTH AFRICA ft EAST COAST SOUTH AMERICA t»»»»(! i Sum <|«;i Til IBm§nl) !tsltoo 4»#»c, o.»f COSTAR SHIPPING PTE LTD f ie J."L"J! tfl c-mi-r *muuu* cmm« m wm« cmmw <**7»j f «tiMi w«ir hj-m wtituM Cotmr cmmiihh must wo tntm cwmmmi Mf Mr AM'I s'*l JfJ* 9
      1,798 words
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      Page 37 Advertisements Column 2
      526 37 HEUNG-A SHIPPING (KOREAN FLAG) RJUTCOOTUMBMiasaVIg 1 1 COWVBITIOHAI SHtVKI mmuvk |m 111 |«T mm m Moa waum In* |w» ijp tsr \mT H/H »/>; w/17 M/« 7 i;/»y iq/07 ivo7 wat bonan som m/oo os/»; 00/oi i;/»? Ml— mm 01/07 11/17 11/07 14/07 11/07 14/07 25/17 it/0? wa OONAM SOW
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      Page 37 Advertisements Column 3
      369 37 rfh SCHINDON SHIPPING PTE LTD V 2 HAVELOCK ROAD. *06-02 APOLLO CENTRE, SM 0106 TEL: *****20 (8 Lin**) FAX: *****38 TLX: RS ***** SCHIN CR NO: **********0N BOOKING: LUI/JESSIE REGULAR CONVENTIONAL SERVICE TO/FM EUROPE MX3NESU AGENT: P.T. TRJKORA LLOYD. JAKARTA TEL: (21)**********7751 CTP: DJONVSANUSt FAX: (21)*****17 WESTBOUND VSL JKT BLW
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      Page 37 Advertisements Column 4
      543 37 jf FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 'S* HOT UNE: *****33 (30 UNES) GOTHENBURG/SCAM 03/07 ROTTERDAM 03/07 AARHUS/COPENHAGEN 03/07 HAMBURG/BREMEN 03/07 MARSEILLE/FRANCE 04/07 FELIXSTOWEAJK 03/07 BARCELONA/SPAIN 30/06 LEHAVRE/FRANCE 03/07 GENOA/ITALY 30/06 ANTWERP/BELGIUM 30/06 LOS ANGELES/WC/IPI 30/06 SYDNEY/MELBOURNE 30/06 NEW YORK/EC 30/06 FREMANTLE/ADELAIDE 01/07 VANCOUVER 30/06 BRISBANE 06/07
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      Page 37 Advertisements Column 5
      267 37 p>l DONGNAMA LINE coirauiigßttip soivicg *TnAmmuM/mcm*H wssa wss) rusf km m hk isn SABONK TUMI VSO7N 01/07 03/17 04/07 00/07 16/07 10/07 HJrOHANGVItOt 00/07 I 10/07 11/07 13/07 23/07 20/07 MAMNVSOON 15/07 17/07 10/07 20/07 30/07 02/00 HJ OUSAN 1521 22/07 24/07 25/07 27/07 00/00 09/00 ROUND THE ASIA SERVICE
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      981 40 m ■■■■E2XQQ33BHHHI llvessel voy sin -**t [vessel voy mn pen I^M yoY 5jJ SJSJ VIRA BHUM 136S Thu WPT Sun 02/7 BUNOA SEROJA 5083 Thu lIN PT ~St 01/7 Y ANTRA Ritia ZZ WANA BHUM 2828 Sun 0W IN Olff BUMOA SEROJA 50W Tu. W Thu Olff is as oooo»«
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      Page 40 Advertisements Column 2
      619 40 79 ANSON HOAP, #21-01, SINGAPORE 0207 TEL: *****92 FAX: *****57 CR **********0N BTRAITS SHUTTLE SERVICE PORT KLANQ PENANG vgsa Iwr I mi rm vEsm vor si rei SEA LAUREL 399N 2SO6SUN 2606 MON XOURJAYA ***** 2&O6WED 3006 FBI XOUR SPORE ***** 26/06M0N 2806 WED LHOTSE 5037 3006 FRI Q2A37 SUN
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      187 40 GOLDEN LINE GUAN GUAN SHIPPING fjCGuV (PTE) LTD ■> V 23, Taiok Ayer Sfevet 9NGAPORE 0104 f TEL *****88 (10 UCS| F«c *****04 NTMAITa/PEMNIAN GULP «K»VICF S"pore P.Kelang Penang GOLDEN SIM 01/02 Jul FBCCEKaracMXiuiAuwa* 06/07 Jul CHINA «MVICK GOLDEN WONDER Shanghai 15/16 JU SHI BAO HuangjxyShangha 03/T)SJiJ A Xrgang/Qngdao 04/06
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      561 41 i BSA it. MYANMA FIVE STAR LINE (Myanmar National LIro) 1. w Loading for Yangon (Rangoon) Snra FKIa PEN P.64| I OURANIA VIW 3M6 a. MYOMAYWA VMM 18/97 PATHE9IVI33W 15/07 MALAYSIA AGENTS: BOUSTEAO SHIPPING AGENCIES MIL: IEL B-D-MI7M PKL TEL K-9M7M191 PEN: TEL K44-*****42 PGO: TEL K47 *****21/4 IHI NIGERIAN
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      Page 41 Advertisements Column 2
      970 41 ADVANCE CONTAINER LINES (PTE) LTD II I 140 CacN Strwt, #12-00, PIL BuHdlng, Singapore 0106 IAI M TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR NO. **********0E BANGKOK JAKABTA »IJMHmAbIW. |MSS WMft VOY OM JKK WW VtMR I KT *N WfflUfinm MMII 3 nae tan h II» Iroianmh Ihio*
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      817 41 KKSLfa— |CW NO: **********0Z I ■Ufly3iitdißSQ!ggQSS2Si3oS£QS9 [VESSELS I VOY I«N LE HAVRE HM* KJRQ THAMES ROTTERDAM ANTWERP VIXE DC LYRA VOW 03/07 28KX7 27 07 2SVO7 SVO7 31/07 WUtDEVaA VOBW 11/07 01AM 03 /OB 06/06 06/08 07/08 -> MUfOECAPBIA TIOW 18/07 08/08 10 A 8 12/08 IMB 14M V-LE 06
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      43 41 gemartrans t hjlgd 55 n W MUCMMtt AIMS 14/7 \\'l HAH IMM 23M 7/7 n/7 FORTNIGHTLY SERVICE TO HONtl HKQII MSVtS 5/7 JHj "OWIWOZLI 04SV9S M/ 7 Wmkly LCL Mrvic*i to HCM at compaiiUv* lataa _^_Ah|OJc^ B gnfl_Fg. cargo to majof intand d—UnaMon.
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      769 42 I 3nQ2T7Q[QW2|WWn^^^^^^^g AFGHANI STAM M&M Afghanistan Ltd., ■kJH Hairatan, Torg. hundi, Islamqala (Doi^harvn) C.1.5./RU! SSIA: Alma Ata. Ashkhabad. Baku. Dushanbe. I MilitTAr A Uiirtnh Irkutsk. Khabai ovsk, Krasnoyarsk, Korsakov, Moscow, I t Novosobirsk, Sochi, Tashkent, Tbifca, Vladivostok, Vostochny ntemational Forwarders Mongolia; > uiaan Bator N Korea: Pyongyang, Nampo lEXPRESS CONTAINER
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      569 42 IBIAAMN container LINES, INC fTTTTTT] Agants: MAC-NELS SPOKE: *****22 (24 LIKES) l"iV/ J SJBU (084) ****** KUCHMQ(083)*****3 PENANQ: (04)*****6 BANGKOK (882) *****67 MAMLA (632) *****61 PKCLMttmaoRT JAKARTA: ai)«oro7 SURABAYA: I ASIA HKG/TWN/BKKI GENOA/EUROPE I PFN PK SIN PEN PKL SIN 5 SAILINGS/WEEK r-h..«./r-h,n«,/*fKnim/n«i ft mS mn mn 02/7 03/7 04/7
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      413 42 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE A RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO SO TONS n* LOAMWFOt vcsa voysm n OKWTIOSI 4 21/4 MKAKTA M/i, SIMAIAYAI/7, lUONNG 4/7, MNTUUt 1/7, KUAUIAIAM It/7, T6 MM 12/7, NACOYA 21/7, TOKYO 13/7, KUSMBO 27/7 ASIAMHAtP 11/4 NUAIAI/7,MPAN
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      124 43 REGION^ LEGEND K Thunderstorm Temperoture V Sho«et Weather Wnd (traction with speed in knot* #Ro,n Wave K*ic#it Cloudy Sky Wov# h gh Serf oce winds arc indicated by mm wfcidt Hy witfi tfce wind \*J One ful circle represents calm or light and voriable wnds One halt fleche represents 5
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