The Business Times, 11 July 1995

Microfilm: NL20008
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times MITA(P) 194/12/94 Tuesday July 11 1995 WE KNOW ASIA 85*
    12 words
  • Article
    Lock icon Dow up 3.81 points
    82 1 Reuter NEW YORK The Dow Jones Industrial Average lost some of its shine yesterday after its breath-taking rise last week, but the broader market marched higher. Just after 2pm EDT, the Dow was up 3.81 points at 4,706.54 after earlier dipping below the 4,700-level it breached
    Reuter  -  82 words
  • Article
    Untitled
    167 1 Stock Market indices Monday Change STI1 2.185.95 +25.% KLSEComp. 1.063.98 +4.07 Nikkei 16.242.66 +29.58 Hang Seng 9.727.54 +95.29 SET Index 1.472.04 +10.23 Jakarta Comp 510.49 +1.35 Manila Comp 2.958.12 +64.71 Taipei WPI 5.569.83 -21.94 Seoul Comp 961.84 +14.86 Bombay BSE30 .3.199.06 8.02 CLSA China B 784.43 +2.79 Ausl All Ord
    167 words
  • Article
    Foreigners to be exempted from CPF contributions
    727 1  -  By Ven Sreenivasan SINGAPORE In a surprise announcement yesterday, the Ministry of Labour said that all foreigners hired from next month will be exempted from Central Provident Fund (CPF) contributions a move that was welcomed by employers as it reduces their cost of
    727 words
  • Article, Illustration
    Lock icon S'pore can grow 7% a year up to year 2000: BG
    625 1  -  By Chuang Peck Ming SINGAPORE The Singapore economy can grow by an average of about 7 per cent a year up to the year 2000, higher than the previous official medium-term growth potential of 4-6 per cent. Announcing this
    Photo by Albert Sim  -  625 words
  • Article
    Most Asian markets continue rally
    353 1  -  By Paul Leo SINGAPORE Japanese stocks took a breather yesterday as the buoyant mood in other major regional markets sparked by lower US interest rates continued. In Singapore, institutional interest continued although retail buying dominated trading. The UOB-Sesdaq Index, which measures Singapore's second board, shot
    353 words
  • Article
    Meeting the challenges of the future
    155 1 Six areas the government will focus on: 1. Create wealth. Rather than redistribute wealth, give Singaporeans skills to be self-reliant, make the most of their talents and create wealth for themselves. 2. Groom talent. Emphasise education and training, encourage the more able and successful
    155 words
  • Article, Illustration
    Lock icon Aung San Suu Kyi wins freedom after six years in detention
    317 1 Reuter AFP, AP YANGON Myanmar opposition leader Aung San Suu Kyi, freed unexpectedly and unconditionally yesterday after nearly six years under house arrest, immediately began talks with fellow democracy campaigners. Witnesses standing outside her home said Ms Aung San
    Reuter; AFP,; AP  -  317 words
  • Page 1 Advertisements
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      133 1 BREATH TAKINGLY FRESH DECEPTIVELY N AMAZINGLY I STRONG. BT Online Look us up at www.asiaLcoin.sg/biztinies S-pow News 2,5 13,14 Regional News i.l Financial 16,17 World News 12 Mariuts Fntam Oob/KLSE. S£S 20-22 E4tonal 10 Reponal/WorM .18.19 TV/Westyte 9 Currencies 16 Property 11 Smex/Commo 17 S*lLll»Un Tel 1800-*****77 F» *****75 »T
      133 words
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      13 1 Property: pg n What moves prices in S'pore COMMENTARY: Singapore unlimited, Pg 5
      13 words
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      9 1 Hock Lock Siew: pg 13 Be careful with NBT
      9 words
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      45 1 The Bottom Line: Pg 12 Financial services: US nAtsrrethini Les Charms d'Or de Cartier. Cartier JEWELLERS SINCE 1847 Cartier boutique/ Singapore Ngee Ann City. Tower B, #01-11, 391 Orchard Road. Tel: 734 2427 Hilton International, #01-04, The Shopping Gallery, 581 Orchard Road. Tet: 235 0295
      45 words
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      Page 1 Advertisements Column 5
      8 1 V AMAZINGLY C* STRONG. Market reports, Pg 18-22
      8 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Japan a growing electronics market
        293 2  -  By Claire Leow ELECTRONICS exports to Japan accounted for about 7.3 per cent of Singapore's total electronics exports in 1994, up from 3.1 per cent in 1988, the Monetary Authority of Singapore's latest annual report showed. The MAS said the rising yen will boost exports
        Source: MAS  -  293 words
    • Article
      PUB reports net income of $726m
      560 2  -  Board achieves higher productivity growth of 10.2% and sees sustained rise in utilities sales Reports by S N Vasuki IMPROVED productivity and a sustained rise in electricity, gas and water sales were major factors that helped the Public Utilites Board (PUB) to report operating
      560 words
    • Article
      BP union strikes deal for 45 retrenched workers
      154 2 BRITISH Petroleum's employee union yesterday said it had reached an amicable settlement with management over the retrenchment of 45 of its members. The retrenchment follows the shutdown of a BP refinery in Pasir Panjang yesterday. The union said all 45 retrenched workers
      154 words
    • Article
      S'pore execs sceptical about what share prices will reveal
      225 2 SINGAPOREAN executives appear to be the most sceptical among their Asian counterparts about what a company's share price says, and they also want to see derivatives banned. These findings are among the highlights of a Far Eastern Economic Review survey in
      225 words
    • Article
      Power firms to compete against each other
      242 2 SINGAPORE Power's two power generation subsidiaries will independently manage the Senoko and Pulau Seraya power stations. "This is to ensure... as much competition as possible in the local electricity market," PUB chief executive Boey Tak Hap said yesterday. He added that the Pasir
      242 words
    • Article, Illustration
      Lock icon Axa sells Wing On Life Bldg for $105m
      518 2  -  By Jenny Lam FRENCH insurance firm Axa has sold Wing On Life Building for $105 million, which experts say is probably the first major office block sold in the business district this year. Sources told BT the block was sold in late
      Photo by Chris Loh  -  518 words
    • Article, Illustration
      An unlimited vision of Singapore
      722 5  -  Commentary Singapore Economic Forum By Vikram Khanna AT YESTERDAY'S Singapore Economic Forum, the country's top mandarins shared their collective vision of the future with some 600 businessmen. What is that future going to be? After listening to all the presentations, it became possible to piece
      722 words
    • Article
      Preparing for the new environment
      216 5 Here's a summary of what Singapore's agencies will do to respond to the new and tougher economic environment: Push the manufacturing sector to build its own technology base and markets, instead of relying on borrowed ones as in the past. The government, which wants to
      216 words
    • Article
      Telecom faces fines of up to $500,000 for breakdowns
      325 5 THE Telecommunication Authority of Singapore (TAS) is getting tough with Singapore Telecom over phone service breakdowns. The regulatory authority yesterday said it would fine Telecom between $5,000 and $500,000 if the latter's IDD and domestic telephone services break down in future.
      325 words
    • Article
      Smith Barney to close its asset management unit in S'pore
      278 5  -  By Shiv Taneja AMERICAN investment bank Smith Barney Inc is to close its Singapore-based asset management operation. The unit's managing director Jordon Black told Bust- ness Times yesterday that themove was "part of a workforce reduction" in Asia, but gave
      278 words
  • Page 2 Advertisements
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      540 2 Uiril PERFORMANCE fliun PAYROLL SOFTWARE. Easy Pay 3 is the choice of over 3,500 companies. To find out more on Singapore's leading payroll software, call 278 0097. CLruthm METRO METRO HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NoTICE IS HEREBY GIVEN that the Twenty-Second
      540 words
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      Page 2 Advertisements Column 2
      400 2 I INTERNET imfcHMMigi ...the Profitable Way Leam how to conduct business and commerce in Cyberspace, and join over 50 million individuals and companies on the Information Super Highway. Discover the secrets to get the most out of the Internet and maximize profits, while improving your company's presence <6 image w-sf
      400 words
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  • Page 3 Advertisements
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      241 3 "WE CHOSE REPUBLIC PLAZA AS OUR NEW CHAMBERS BECAUSE IT REPRESENTS US IN ALL ITS FEATURES. AFTER ALL, WE STARTED OUT AT RAFFLES PLACE." Our a 19 XSStLm'' The stunning Republic Plaza occupies the available plot of land in Raffles Place the heart of Singapore's business and financial centre. With
      241 words
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  • Page 4 Advertisements
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      287 4 Lexus ranlced Best Overall Carline for DepenJaoilitij over 5 years in e U.S. I^SSSS&^^mSS^BPC' I /Jp !<> X i iJff'rfm -Saw® iiliiiiiiiiiiiijjliiiiiiiiii^^ Tke annual researck findings of J. D. Power and Associates are tkat Lexus kas ranked Best Carline in tke comprekensive 5-year Study eagerly awaited ky motor manufacturers tke
      287 words
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  • Page 5 Advertisements
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      211 5 PETmSB^° X I Si Tl©t AeroflotTo Europe, Always A New Experience With refreshing stopovers in Moscow or St Petersburg, flying Aeroflot to Europe is a whole new experience. Especially in the comfort of our modern fleet, pampered by our charming hostesses and tempting choices of Russian cuisine. To savour the
      211 words
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  • SOUTH-EAST ASIA
    • NOTE BOOK
      • Article
        No automatic Indon rate cut: official
        65 6 JAKARTA Indonesia's central bank governor Sudradjad Djiwandono said interest rate cuts in the United States do not mean automatic adjustments in Indonesia. "There will be no automatic adjustment. We will have to study domestic conditions on whether we need adjustments or not," he said.
        65 words
      • Article, Illustration
        Lock icon 100b yen loan for Philippines
        73 6 Reuter TOKYO Japan said yesterday it will give the Philippines low interest yen loans worth 100.9 billion yen (Ssl.6 billion), mostly for projects supporting rural development. Foreign Minister Yohei Kono and his Philippine counterpart Domingo Siazon signed documents providing a 30-year yen-loan package, the 20th
        Reuter  -  73 words
      • Article
        Lock icon Thai army acts to dispel suspicions
        77 6 Reuter BANGKOK The Thai army went to great lengths yesterday to dispel suspicions that it offers sanctuary to Cambodia's Khmer Rouge rebels. The army flew reporters over the frontier yesterday so that they could see for themselves if there were any Khmer Rouge bases
        Reuter  -  77 words
      • Article
        Lock icon M'sia expels Bangladeshi workers
        79 6 UPI DHAKA Malaysia has ordered 26,000 Bangladeshi workers to leave the country by July 20 or be jailed and fined, officials said yesterday. These workers had no work permits but were allowed to remain in Malaysia for three years at the request of the Bangladeshi government,
        UPI  -  79 words
      • Article
        Lock icon Sumatra province rocked by quake
        49 6 Reuter JAKARTA An earthquake measuring 5.0 on the Richter scale hit Sumatra's Bengkulu province yesterday but there were no immediate reports of damage or casualties, an Indonesian meteorology official said here. The quake's epicentre was at sea about 80 kilometres south-west of Bengkulu. Reuter
        Reuter  -  49 words
    • Article
      Lock icon MPs pick of House chief means Banharn will be PM: analysts
      384 6 Reuter, AFP, AP BANGKOK Thai members of parliament elected a trusted stalwart of the Chart Thai party as their president yesterday with the power to nominate party leader Banharn Silpaarcha as the country's 21st prime minister. Boon-ua Prasertsuwan was
      Reuter, AFP,; AP  -  384 words
    • Article
      Lock icon Jakarta govt to give 268b rupiah to small businesses and co-ops
      202 6 AFP JAKARTA The Indonesian government will distribute 268 billion rupiah (S$ 168.8 million) from the after-tax profits of state-owned firms for the development of small businesses and co-operatives, the Jakarta Post said yesterday. "The funds will be distributed to
      AFP  -  202 words
    • Article
      Lock icon Klang clubhouse collapses, 2 workers killed
      196 6 Bernama KLANG Two Indonesian workers were killed and another two warded with critical injuries when part of a four-storey clubhouse under construction in Pesiaran Raja Muda Musa. here, collapsed at lunchtiroe yesterday. A fifth worker jumped to safety, said Klang OCPD ACP Aziz Ariarasa
      Bernama  -  196 words
    • Article
      Lock icon Philippines9 foreign currency deposits jump to record US$8.5b
      199 6 Philippines 9 foreign currency deposits jump to record US$8.5b Bloomberg Business News MANILA Deposits of foreign currency in the country's 35 commercial banks grew 47 per cent in the year to June 23 to a record US$B.52 billion (SSII.B billion), the central bank said yesterday. Analysts attributed the surge in
      Bloomberg Business News  -  199 words
    • Article, Illustration
      Lock icon South Korean firms invited to set up OHQ in Malaysia
      307 6 Rafidah also tells of opportunities in heavy industries Bernama KUALA LUMPUR Malaysia yesterday made a pitch for companies to set up their operational headquarters (OHQs) in the country. Speaking at a seminar in Seoul, Minister of International Trade and Industry
      Bernama  -  307 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China's industrial output growth slows
      389 7 First-halfs 14% expansion down from 15.8% in the same period last year AFP BEIJING Growth in the value of China's industrial output slowed to 14 per cent in the first six months of this year over the same period last year, hitting 856.6 billion yuan
      AFP  -  389 words
    • Article
      Lock icon China floods: Taiwan offers condolences in bid to mend ties
      366 7 Reuter TAIPEI Taiwan used devastating floods in China to try to repair strained relations yesterday, offering its condolences and calling for relief funds for its Communist arch-rival. Two private organisations have donated some US$4OO,OOO (*****,000) in medicine and other relief
      Reuter  -  366 words
    • Article, Illustration
      Lock icon Healing art gets a foot-hold
      73 7 AFP TAIPEI Some 30 trainees of the Taipei-based Chinese Natural Medical Study centre giving free foot massage on Sunday at a local park to promote this kind of practice. The massage, said to have great healing power, involves the use of the thumb's knuckle pressing
      AFP  -  73 words
    • Article
      Lock icon Higher sales for Taiwan makers of machinery, machine tools in 1st half
      304 7 Bloomberg Business News TAIPEI Sales at manufacturers of electrical machinery and machine tools were mostly higher during the first half of the year as manufacturers around the world bet on continued economic recovery and stepped up their purchases
      Bloomberg Business News  -  304 words
    • ASIA NOTES
      • Article
        Lock icon Central bank on falling NT$
        51 7 Reuter TAIPEI Taiwan's central bank governor Sheu Yuan-dong said inflation was still a worry and he does not want the Taiwan dollar falling too much. He said further depreciation would cause import-pushed inflation. The Taiwan dollar ended sharply down at NT526.1940 against Saturday's NT526.0650 close.
        Reuter  -  51 words
      • Article
        Lock icon China's fixed-asset investment soars
        59 7 Reuter BEIJING China's total fixed-asset investment in 1995 will exceed two trillion yuan (***** billion), well above the target of 1.7 trillion yuan, China Securities said. The estimate was given by He Qiang, head of the securities and futures research institute at the Central College of
        Reuter  -  59 words
      • Article
        Lock icon Illegal Chinese bank closed
        78 7 Reuter BEIJING Officials in the northern China city of Taiyuan closed an illegal savings office less than three weeks after it was set up by a former state bank employee, without official authorisation, a central bank official said yesterday. Officials of the People's Bank of China,
        Reuter  -  78 words
      • Article
        Lock icon Aussies speculate on early elections
        79 7 Reuter SYDNEY Australian economists are betting on the timing of the next Federal election. Most expect an early poll, but many think the government will run dose to its full term. Elections, and second guessing them, can alter market views of economic data and of
        Reuter  -  79 words
      • Article
        Lock icon Call to double S Korea defence budget
        68 7 AP SEOUL South Korea has to double its defence budget over the next six yean to meet North Korea's military threats and arms build-ups by surrounding powers, a government report said yesterday. The report, prepared by 10 military experts in government think tanks
        AP  -  68 words
    • Article
      Lock icon Taipei makes plans for direct financial links with China
      123 7 AFP TAIPEI Taiwan's financial authorities have mapped out a blueprint to open direct financial links with China by 2000, the Commercial Times said yesterday. Under the plan proposed by the Finance Ministry, the authorities will liberalise direct financial and banking business
      AFP  -  123 words
    • Article
      Lock icon BoJ wins kudos for easing credit in line with US rate cut
      480 7 ASIA Reuter TOKYO Japan's central bank has won rare praise for its surprise credit easing in tandem with a US interest rate cut, while joint US-Japan currency intervention has raised some hope of relief from the yen's surge.
      Reuter  -  480 words
    • Article
      Lock icon Asia-Pac news agencies start news release distribution network
      165 7 AFP SYDNEY Asian and Pacific news agencies yesterday launched a communications network to handle news releases directed at the region's media. Known as Asia Net, it will deliver releases with full translation into print, radio and television media in 33 countries in
      AFP  -  165 words
    • Article
      Lock icon Liquidity crunch may lead to rate hike in India
      417 7 AFP BOMBAY Interest rates are set to rise in India in August due to a liquidity crunch caused by rising demand for credit and higher government borrowings in the run-up to elections, a leading foreign stockbrokerage says. Hongkong-based Crosby Ltd forecast
      AFP  -  417 words
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      525 7 TOLL-FREE TEL. No. 1-800-7AI-ISB3 FAX:74I-1298 DM CDZSfu l^ v > NOTICE OF SIXTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of Powermatic Data Systems Limited will be held on Thursday, 27 July 1995 at 11.00 a.m.. at the Board Room at Pinetree Town and
      525 words
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  • Page 8 Advertisements
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      446 8 The All Naturally Brewed Beer, where to wine, dine and entertain L WORLD S LARGEST SELLING BEER J >, -A itjl -1 PASTA FA (SCR OOU> NMUM CHAD B« Pirf Of ©•itrandmie ilit«\ JrfcfbqT 10% off for cash piyment J| jnwkdjk •5% off for erdit piyment J U IWV Cad
      446 words
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      271 8 A Night Out With Our New Band Will Send Your Heart Racing. Drop by tonight and watch our dynamic new band ACE OF HEARTS in action. From 7pm lam. *Mondays K> Thursdays: 7prn 2am, Fridays, Saturdays eve of public holidays. At the MISCHIEF. Karaoke with our DJ on Sundays BOULEVARD
      271 words
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      Page 8 Advertisements Column 3
      401 8 i LUNCH OR DINNER, i I FEAST ALL YOU jj ICA N gjj That's over 50 delightful dishes in all! jjj j£k Featuring the best talked about jfi seafood and Cantonese cuisine. V All you can eat. Complimentary platter w Sj of Suckling Fig and Guiling E Herbal Jelly. jg
      401 words
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      Page 8 Advertisements Column 4
      343 8 The Day You Dinf At Triple 3. Be Prepared To Have A Very Light Breakfast. Skip breakfast altogether for a sumptuous buffet c at Triple 3, an irresistible spread featuring some S 60 hot and cold dishes, plus tempting desserts. Call _s_ us now to make your reservations at 831
      343 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Down memory lane to greens of glory
      508 9 BT Lifestyle Exclusive Competition THE June BT Lifestyle Exclusive Competition was a golf contest which sent participants down memory lane. They had to identify six golfers, among them a hero of the past, the Golden Bear. Then came the part to tempt any
      Photo by Arthur Lee  -  508 words
    • Article, Illustration
      Lock icon Star-tracking: every voyeur's guide
      901 9  -  Carey Goldberg stays on the heels of a writer who sniffs out celebrities' New York homes Carey Goldberg NYT Larry Wolfe Horwitz sidled up to the liveried doorman at the Kenilworth apartment house, one of the towering prewar fortresses that line New York's Central Park West.
      NYT  -  901 words
    • Article
      An invitation to solve the Baba Liew mystery
      208 9 WHO IS Baba Liew? Who would want to frame him for a crime he did not commit? Or did he? And what crime did he commit in the first place? If this makes any sense to you, then you must be one
      208 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      105 9 ■tP Just 4km from the sun-kissed Surfers Paradise, Centennial Park is an eloquent statement of quality housing at its best. rrgr3HßK.3fiil "*IL»:- jj Vnu< Straits Room 29th Floor, gl M m Si Land up to 7300 sq. ft., houses up to 2700 sq. ft. Lush landscaping, pleasant tree-lined streets ■j
      105 words
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      Page 9 Advertisements Column 2
      19 9 To crack the safe or enter Mrs Wizard's crystaj[ halt, <all Tele-Games on 1900-911-0003, at 30 cents a minute.
      19 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1135 9 City Slickers, 8.30pm, TV Jfi Billy Crystal, Bruno Kirby and Mi ML 1 Daniel Stern take a cow-poking m* Wc_. crises. Jack won an JF'iJ Oscar as formidable ml f[m"m boss who terrorises them I Jl shape &B-# <MM die-age Mj^Mm Wild sight Wildlife: B4by Gorillas K^j^flNE Portrait. IT'S 9pm,
      1,135 words
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  • Article
    The Fed turns
    531 10 EDITORIAL NEVER MIND that it was only a quarter of a percentage point. Last week's action by the US Federal Reserve Board to trim the Fed funds rate was still something of a milestone. It marked the first rate cut since September 1992, and could well be
    531 words
  • WHAT THE OTHERS SAY
    • Article
      Lock icon Order starts at home
      238 10 The Straits Times July 10 SINCE a country's youth is its future, serious notice must be taken of the Singapore Teachers' Union report on indiscipline in schools. The central message stressing the need for greater exercise of parental authority, and increased respect for school discipline, cannot
      The Straits Times July 10  -  238 words
    • Article
      Knowledge is the key
      52 10  -  Berita Harian IT IS not military might nor economic prowess, but knowledge that holds the key of survival in the 21st Century, contend many futurologists. People being Singapore's only productive asset and resource, we have to pursue an education system that encourages thinking and the thirst
      52 words
    • Article
      Token of appreciation
      140 10  -  Lianhe Zaobao PRIME MINISTER Goh Chok Tong's motion to present $270 million as a reward to older Singaporeans, pensioners, former MPs and ministers was passed unanimously last Friday in Parliament. Surely, the contributions from the older generation cannot be measured in monetary terms. Their sacrifices for the
      140 words
    • Article
      Lock icon US faces reality
      57 10 The Bangkok Post July 10 PRESIDENT Bill Clinton will make the official announcement later this week, but it is now clear he has bitten the bullet on Vietnam. Washington will soon establish a full embassy in Hanoi for the first time since the 1954 communist victory. The
      The Bangkok Post July 10  -  57 words
    • Article
      Lock icon Radio-inactivity
      179 10 Die Tageszeitung of Berlin IN APRIL 1986, the French were less concerned about the radioactive fallout from Chernobyl than giggling about the hysterical Germans. On (French) TV, two juicy heads of lettuce were displayed. The German lettuce was stamped "poison", while the French lettuce was found safe by the
      Die Tageszeitung of Berlin  -  179 words
    • Article
      Lock icon More weapons against militants
      99 10 Egyptian Gazette, Cairo EGYPT should intensify its high-level contacts with some foreign countries to persuade them to extradite suspects accused of masterminding the terror campaign and assassination attempts in the country. The circumstances are now favourable due to the fact that some European countries have been
      Egyptian Gazette, Cairo  -  99 words
  • Article, Illustration
    Jiang faces crucial tests on road to top job
    916 10  -  How China's President handles corruption at home and ties with US may make or break his hopes of succeeding Deng Xiaoping, writes Lu Ning Lu Ning The writer is a BT correspondent specialising in China BEIJING'S flve-month-old anti-corruption campaign heated up
    916 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      36 10 July 6th. 1995 We are pleased to announce that the Global Investment Banking Businesses of the Deutsche Bank Group and Morgan Grenfell Group pic have been consolidated under the name Deutsche Morgan Grenfell Deutsche Morgan Grenfell
      36 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      51 10 I:i« inJS.M?I I th£ c£Krg£FbLD is r poll I sooqeoNe. stole the IT IS—THe (IP^ TBO RD LAST LOGOC... (I'LL f|t4 IT luP ON WtuJBLL DOONESBURY GARRY TRUDEAU MM.. THATSWHATmjUfIL SO HOW CO THATUXXID&M ITSL I&U]YIS,MtSS-A IFINP SKKB&*.UGPZ Tnumtory fl UK&TM canm-wemw stm-ww AFS-xxjnouj? 7 UKEA (XSCRmUHAT rnn I 1
      51 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Sentiment alone can move prices
      741 11  -  wsm E 1 PROPERTY COLUMN By Lee Han Shih WHAT is remarkable about almost all the predictions on property prices is the assumption that the Singapore property market is a "perfect" or near-perfect one. In fact, it is so "imperfect" that at some point in
      741 words
    • Article, Illustration
      New Aussie technology park aims to be region's best
      481 11  -  Abdul Hadhi finds out about the attractions of the park, which will soon be marketed in the region Abdul Hadhi THE 14-hectare Australian Technology Park (ATP) in Sydney, which opened in March, aims to be the leading technology park in the
      481 words
    • Article
      Lock icon Property sector to account for 3% of China's GDP
      202 11 AFP SHANGHAI China's property sector will contribute 3 to 5 per cent of gross domestic product (GDP) during the ninth Five-Year Plan beginning next year, a newspaper reported yesterday. The Shanghai Securities Mens said the target was in a three-step plan
      AFP  -  202 words
    • Article
      PROPERTY WATCH
      229 11 Detected transactions In the past wook Data of T~T~ 1 T~~ Built in area/ Sala price transaction Protect Type land w< (»q ft) T<nuf (S$) S*P* f PRIVATE Jul 3 1954 Srat road I Terrace 2669/1617 FH 1,565,000 968 Jul 3 1544 Neptune Court Condo 1636 99 630,000
      229 words
    • Article
      Lock icon HK banks sweeten loan deals to woo home buyers
      566 11 Borrowers seeing the first mortgage war in five years Sunday Morning Post Mortgage wars have come to Hongkong as banks battle for a slice of the increasingly cut-throat residential loan marketplace. For the first time in five years, the territory has
      Sunday Morning Post  -  566 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      105 11 MANAGING DIRECTORS: MONTH END ACCOUNTS LATEAGAIN? You can make a decision today to ban delays in I"f*T fl accounts in your company. Ask your accountant to throw out batch processing accounting V software. FACT Real-Time Business Accounting ■PHBIH Software. Toll Free 1800-*****32 instant ACCOUNTING POWER FOR SALE BY TENDER Excellent
      105 words
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      Page 11 Advertisements Column 2
      21 11 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 190Q-9U-0003, 4 at 30 cents 1* a minute.
      21 words
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      Page 11 Advertisements Column 3
      169 11 133 Middle Road For Sale By Tender Location Junction of Middle Road Queen Street, in Rochor Planning Area which is designated for hotel and commercial development Land Area 15,792 sa ft Net Floor Area 41.412 sa ft Plot Ratio 4.2 Zoning Commercial Special Feature Unrealised Plot Ratio, Good Potential and
      169 words
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  • Article
    Lock icon US using finance in drive to boost export earnings, says Brown
    482 12 AFP PARIS The United States is using finance as a spearhead of a massive offensive to boost export earnings, Commerce Secretary Ronald Brown said here yesterday. The strategy was to sell hard to emerging economies, in China, Asia and
    AFP  -  482 words
  • Article
    Lock icon US lawmakers call for recognition of Taiwan
    462 12 AFP WASHINGTON American legislators are stepping up their anti-China stridency, calling for firm action to counter Beijing's aggressive behaviour. House Speaker Newt Gingrich called on Sunday for US recognition of Taiwan, saying it would "get it over with" and eliminate a major point
    AFP  -  462 words
  • Article
    Lock icon Clinton set to announce resumption of Viet ties today
    95 12 Reuter NASHVILLE, Tennessee President Bill Qinton will make an announcement on US relations with Vietnam today, a White House spokeswoman said. Mary Ellen Glynn said yesterday that Mr Clinton would host a ceremony at the White House with members of Congress
    Reuter  -  95 words
  • Article
    Lock icon No global recession, say G-10 central bankers
    225 12 Bloomberg Business News BASEL Bundesbank President Hans Tietmeyer said the world's leading central bankers were confident the global economic slowdown would not lead to a full-fledged recession. Mr Tietmeyer, speaking as chairman of the Group of 10 central bank governors, said: "There might
    Bloomberg Business News  -  225 words
  • Article, Illustration
    Is the US shooting itself in the foot over financial services?
    749 12  -  The Bottom Line VIKRAM KHANNA VIKRAM KHANNA The writer is BT's regional economics editor WHEN THE US wielded the big stick in its car trade talks with Japan, commentators complained about its methods, but everybody could make sense of
    749 words
  • Article
    Financial services pact within reach: EU
    161 12 BRUSSELS The European Union claimed tentative victory yesterday in its attempt to secure a world pact in financial services, saying a deal was within reach. Sir Leon Brittan, the EU's Trade Commissioner, said an agreement to liberalise trade in such things as banking and
    161 words
  • Article, Illustration
    Lock icon United colours of Europe
    59 12 AFP STRASBOURG, France A gagged bi-racial couple from Lisbon at the Strasbourg railway station in eastern France on Sunday. Some 600 young people from 43 countries are expected here for a meeting against racism and intolerance. The meeting, which began yesterday, was called by the European
    AFP  -  59 words
  • Article
    Lock icon US growth fattening coffers of cities: survey
    142 12 Bloomberg Business News WASHINGTON US cities, which just two years ago were strapped for cash, are now flush with revenue thanks to an enduring economic expansion, according to a National League of Cities survey. But the better times are tempered by worries that
    Bloomberg Business News  -  142 words
  • WORLD IN ABOX
    • Article
      Lock icon Banking buy-out
      46 12 Reuter PITTSBURGH PNC Bank Corp said yesterday it agreed to buy New Jerseybased Midlantic Corporation in a deal valued at USS3 billion (554.2 billion). The combination of the two will create 11 th-largest US bank holding company, with assets of nearly US$79 billion. Reuter
      Reuter  -  46 words
    • Article
      Lock icon Ban suggested
      38 12 Reuter BOMBAY A committee set up by the Securities and Exchange Board of India has recommended that companies planning to raise fresh capital should be banned from using their projected earnings to price the new issues.
      Reuter  -  38 words
    • Article
      Lock icon More US lay-offs
      53 12 Knight-Ridder NEW YORK US lay-ofTs in June climbed to 40,375, pushing second-quarter layofTs to their highest level since the third quarter of 1994, according to the Challenger Employment Report released yesterday. Second-quarter jobs cutbacks totalled 114,583, up 17 per cent from the first quarter when there were
      Knight-Ridder  -  53 words
    • Article
      Lock icon Coffee perks up
      69 12 Reuter LONDON World coffee prices yesterday bounced almost 6 per cent to U552,380 a tonne on news of fresh efforts by Latin American producers to reduce supplies. After tumbling some US$5OO a tonne last week, London robusta coffee futures rose US$l32 a tonne to trade at U552,380,
      Reuter  -  69 words
    • Article
      Lock icon Toll on church bells
      64 12 Reuter LONDON British politicians accused the government yesterday of dropping a clanger by introducing a sales tax on church bells. Officials have ruled the bells should in future be subject to the standard 17.5 per cent rate of value added tax. "The sound of church bells
      Reuter  -  64 words
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      10 12 Taiwan offers condolences in bid to mend ties: Pg 7
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Page thumbnail Page 13
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Mayfran makes IPO of 10m shares at 40 cents each
      424 13  -  By Jenny Lam SINGAPORE Bedlinenmaker Mayfran launched its initial public offer (IPO) yesterday. The Sesdaq-bound company is offering 10 million 15cent shares at 40 cents each, of which 7.5 million shares are offered to the public and 2.5 million shares
      Photo by Chris Loh  -  424 words
    • Article
      CMSP public tranche three times subscribed
      299 13 SINGAPORE The public tranche of China Merchants Shekou Port Service Co Ltd's (CMSP) initial public offer closed yesterday with a subscription rate of more than three. The company the first from China to get a secondary listing on the Singapore bourse had offered 5.32
      299 words
    • Article, Illustration
      Lock icon No reason for unusual market action, says NBT
      374 13  -  From Ho Kay Tat in KUALA LUMPUR NORTH Borneo Timbers Bhd (NBT), responding to a Kuala Lumpur Stock Exchange (KLSE) query on the active trading in its shares, said yesterday that it had no information of material development to disclose. It was
      Source: Bridge Info  -  374 words
    • Article
      Why NBT spells 'nothing but trouble' for hasty punters
      675 13  -  HOCK LOCK SIEW By Ho Kay Tat KUALA LUMPUR Punters who bailed out of Construction and Supplies House (CASH) two weeks ago must be lucking themselves. They had done so on market talk, later confirmed, that Joseph Ambrose Lee's grand plan
      675 words
    • Article
      Van Der Horst wins three Indon infrastructure deals
      262 13  -  By MicheHe Low SINGAPORE Van Der Horst has bagged three infrastructure contracts in Indonesia, valued at US$lOO million (Ssl4o million), to build a fuel container satellite depot and related facilities. The marine engineering group yesterday said it had received two letters of
      262 words
    • Article
      Informatics Holdings proposes 1-for-1 bonus issue
      162 13 SINGAPORE Computer training and education group Informatics Holdings Ltd has proposed a one-for-one bonus issue, just over a year after the group's last bonus issue. In a brief statement yesterday, Informatics said the proposed bonus issue was subject to shareholders' approval, which would be
      162 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        52 13 Firm 'Market Mood' indicates the likely trading wntiment today, based on brokers polled at 5-6pm yesterday. Ovirnight nvnts may alter sentiment Brokirs polled: Alliance. Barings. Credit Lyonnais Securities. Daiwa. Fraser. G K Goh. Kay Hian. Morgan Grenfell. Ong Co. Nomura. Phillip. Smith Ne* Court. WI Carr and S
        52 words
      • Article, Illustration
        HOT STOCK
        92 13  -  By Paul Leo THE last three trading sessions have sent Comfort into the heavily overbought region both on the daily and weekly charts. Turnover was heavy, indicating there could be further price rises. But both daily and weekly RSIs and stochastics have almost rcachcd 100. New buyers should
        92 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Parkway, Hwa Hong deny sale
          54 14 SINGAPORE Parkway Holdings and Hwa Hong Corp, the joint owners of Trademart Singapore, said yesterday they had no intention of selling the 344,448 sq ft property at Martin Road. Refering to a July 5 BT report, they also said they were not considering any offers
          54 words
        • Article
          SES query for Fu Yu
          88 14 SINGAPORE The Stock Exchange of Singapore has queried newly-listed Fu Yu Manufacturing over the heavy trading of its shares and the sharp increase in its share price. Fu Yu was one of the most keenly traded stocks yesterday, with 22.05 million shares changing hands before
          88 words
        • Article
          Hotel Grand Central buys NZ hotel
          57 14 SINGAPORE Hotel Grand Central (HGC) has agreed to buy the James Cook Hotel in Wellington for NZ537.5 million (5535.6 million). HGC said yesterday that it will buy Rangatira Credits Investments Ltd (RCI) and James Cook Hotel Ltd, the owners of the hotel. The transaction
          57 words
        • Article
          Guthrie unit raises capital base
          46 14 SINGAPORE A Guthrie subsidiary, Guthrie PMS, has raised its authorised share capital to $8 million from $1 million. Parent Guthrie GTS has subscribed for an additional 5.99 million $1 shares in the subsidiary, bringing its total stake to six million shares.
          46 words
        • Article
          L&M's option
          62 14 SINGAPORE L&M Group Investments yesterday said it had an option that could make associate GMP Development a subsidiary. The 49 per cent associate is a property joint venture between L&M Properties Pte Ltd, L&M Geotechnic Pte Ltd (LMG) and Mini Environment Service Pte Ltd. LMG has an option
          62 words
      • Article
        Sunnet Investment cuts stake in Amcol to 3.91%
        268 14 SINGAPORE Sunnet Investment, an investment holding company owned by Hongkong property giant New World and other Hongkong businessmen, has reduced its stake in Amcol Holdings to 3.91 per cent, or 11.47 million shares. This follows Sunnet's announcement over the weekend that it
        268 words
      • Article
        Lock icon No approval, so Kemayan's bid for Daibochi lapses
        169 14 Reuter KUALA LUMPUR Diversified Malaysian plantation company Kemayan Corp Berhad said its bid to acquire Daibochi Plastic and Packaging Industry Bhd has lapsed. In a statement to the Kuala Lumpur Stock Exchange (KLSE), Kemayan said it had not obtained approval from the
        Reuter  -  169 words
      • Article
        BSinger to make up to M$289m rights issue of loan stocks
        407 14  -  From Ho Kay Tat in KUALA LUMPUR BERJAYA Singer Bhd (BSinger), the retail arm of Berjaya Group Bhd, is making a rights issue of up to M 5289.50 million (Ssl66 million) worth of five-year irredeemable convertible unsecured loan stocks
        407 words
      • Article
        Lock icon KL stock market sees fewer cash calls in first six months
        559 14 MBT KUALA LUMPUR Some M 52.17 billion (551.24 billion) was raised by listed companies through 18 cash calls in the first six months of this year, down from the M 52.79 billion raised from 24 rights issues during the
        MBT  -  559 words
      • Article
        Untitled
        560 14 M««UWl prkw Jul II Sh Greater Chun Fd 0 100(4 ■W. -A Mcndalu Gf Fund 1.06 1.095 Singapore unn irust user Fund i os 112" The Commerce 1.61 1.70 iiaa i MA i m-a The Savings Fund 1.57 1.66 UUB ASSC1 Mgl LXO S pore Prog Fund 0.64 0.68 Umfund
        560 words
      • Article
        Sembawang consortium wins 1b baht Thai contract
        151 14 SINGAPORE A consortium comprising Sembawang Engineering and its two partners has clinched a 1.1 billion baht (Ss62 million) contract to build a waste water treatment plant in Haadyai, Thailand. Sembawang and its partners Thai civil engineering company Summit-Grande and environmental engineering consultants Montgomery
        151 words
      • Article
        Lock icon M'sian broker OSK plans to hire 50 more dealers
        449 14 Reuter KUALA LUMPUR Stockbroking group OSK Holdings Bhd has shrugged off a lukewarm first-half stockmarket performance and plans to boost its dealing team by onethird by the year's end, a senior company official said. It wants to expand its dealer and
        Reuter  -  449 words
      • Article
        Cam stock closes higher on resumption of trade
        200 14 SINGAPORE Cam Mechatronic shares rose to a new high of £5 cents when the stock resumed trading yesterday but closed at 79.5 cents for a halfcent gain over the last traded price on Wednesday last week. More than five million shares changed
        200 words
      • Article
        Powermatic to expand manufacturing and distribution abroad
        238 14 SINGAPORE Powermatic Data Systems, which manufactures and distributes computer peripherals, is increasing its investment overseas, said chairman Chen Mun in the company's annual report. Powermatic will invest in regional manufacturing facilities and expand its distribution business. In particular, it is focusing on the
        238 words
      • Article
        Lock icon Analysts warn of weaker US corporate results
        472 15 Latest quarterly profits expected to show economic growth has peaked Reuter NEW YORK Investors have grown accustomed to strong earnings growth from US corporations but the upcoming quarterly reporting season is likely to confirm that growth has peaked, analysts said. "There will be
        Reuter  -  472 words
      • Article
        Lock icon SBC Warburg HK axes 11 researchers
        104 15 Bloomberg Business News HONGKONG SBC Warburg in Hongkong has fired 11 members of its China and Hongkong research staff, the South China Morning Post reported. The layoffs eight from the China research team and three from the Hongkong research one are the first to
        Bloomberg Business News  -  104 words
      • Article
        Lock icon James Capel changes tack to become UK marketmaker
        340 15 FT, Bloomberg Business News LONDON James Capel, the UK's biggest stockbroker, is set to become a marketmaker in shares of large companies in an important strategic shift. Peter Letley, its deputy chairman, said the demands of clients for liquidity now required the
        FT,; Bloomberg Business News  -  340 words
      • Article
        Lock icon Free CD to help Sony investors tune to its success
        189 15 Bloomberg Business News TOKYO Sony Music Entertainment (Japan) Inc is betting that a free compact disc containing some of its biggest hits will get shareholders more in tune with its business. Japan's largest record company, which brings such artists as
        Bloomberg Business News  -  189 words
      • COMPANY BRIEFS
        • Article
          Lock icon UK watchdog monitors takeover bid
          60 15 Reuter LONDON The British Securities and Investment Board (SIB) regulatory "watchdog" is monitoring a US bid to take over the London Commodity Exchange (LCE), Europe's leading futures exchange for coffee, sugar and cocoa. "They are keeping us informed at this stage it's only a proposal
          Reuter  -  60 words
        • Article
          Lock icon PNC Bank to buy Midlantic Corp
          53 15 Knight-Ridder NEW YORK PNC Bank Corp has agreed lo buy Midlantic Corp for about USS3 billion (SS4 billion) in stock, or U5555.09 a share, the companies said yesterday. They said the deal will create the US' 11th-largest bank holding company with assets close to
          Knight-Ridder  -  53 words
        • Article
          Lock icon NSK, Nichimen in China venture
          53 15 AFP TOKYO NSK, Japan's largest manufacturer of bearings, said the company and Japanese trade bouse Nichimen Corp would form a joint venture in China to make and market ball bearings- Kunshan NSK HS will have capital of USSI2 million (5516.8 million), with future capital increases
          AFP  -  53 words
        • Article
          Lock icon Tomkins in 14th year of growth
          76 15 Bloomberg Business News LONDON Tomkins pic, the UK company whose products range from bread to Smith A Wesson handguns, posted a 17.9 per cent rise in pre-tax profit for the fiscal year 1995 because of continued improvement in its milling and bakery division. In
          Bloomberg Business News  -  76 words
      • Article
        Lock icon Small investors in China put off by stock speculation
        337 15 Reuter SHANGHAI When two blue-chip Chinese companies offered shares in Shanghai recently, investors dipped into their pockets and came up with 20 billion yuan (553.3 billion). It was a lot of money to tie up in two share offerings, but it
        Reuter  -  337 words
      • Article
        Lock icon Jimmy Lai's Next Media listing moves forward
        185 15 Reuter HONGKONG Hongkong tycoon Jimmy Lai's delayed plan to float his stable of magazines under Next Media has made progress with the appointment of Smith New Court Far East as sponsor for the issue, company executives said yesterday. "This is the first time
        Reuter  -  185 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Yankee bond market looking better for Asian borrowers
        481 16 Reuter HONGKONG Asian companies looking to raise money through international debt markets may take a new look at the US "Yankee" bond market because of lower US interest rates, investment bankers say. Asian issuers tipped to be eyeing the Yankee market include
        Reuter  -  481 words
      • Article, Illustration
        Lock icon Latin American coffee producers to cut supply until September
        269 16 Reuter BOGOTA Brazil, Colombia and Central America have agreed to cut the supply of coffee for the rest of the crop year ending in September to push up world prices, a coffee official said here on Sunday. The official, who attended
        Reuter  -  269 words
      • Article
        Lock icon StanChart's 9th bank to get M'sian Tier-1 status
        183 16 Reuter KUALA LUMPUR Standard Chartered Bank Malaysia Bhd, wholly owned by UKbased Standard Chartered Bank, said it had been granted first tier bank status by the Malaysian central bank. Bank Negara. "In line with Bank Negara Malaysia's guidelines, we have the approval
        Reuter  -  183 words
      • Article
        Lock icon NZ central bank says it can accept small interest rate fall
        415 16 Reuter WELLINGTON The Reserve Bank of New Zealand (RBNZ) delivered a new missive to financial markets yesterday, one which economists said contained some risks but was largely neutral. The RBNZ said in a statement to markets it could accept
        Reuter  -  415 words
      • Article
        Lock icon Japanese banks to cut prime rates in the wake of BoJ move
        342 16 Bloomberg Business News TOKYO Japanese banks are moving to trim their key lending rates after the Bank of Japan's decision on Friday to drive down its target rate for overnight loans, a signal that it had relaxed monetary
        Bloomberg Business News  -  342 words
      • Article
        Lock icon Iran increases oil sales to Asia after US embargo
        272 16 Reuter NICOSIA Iran is countering a US trade ban by selling more of its vital hard-currency oil exports to Japanese and other Asian companies, the Middle East Economic Survey (Mees) reported on yesterday. US President Bill Clinton's trade sanctions against Teheran,
        Reuter  -  272 words
      • Article
        Lock icon Currency Reports:London
        194 16 Reuter LONDON The dollar continued its upward trend on the yen at the start of the European week but low volume was making the climb slow and laborious, dealers said. The surprise Japanese rate cut and equally surprising bout of central bank intervention sparked the rally last week
        Reuter  -  194 words
      • Article
        Lock icon New York
        96 16 AFP NEW YORK The dollar gained ground on other currencies yesterday in light trading, sustained by predictions that Germany would move to lower its repo rate in the wake of similar moves by France and Japan. At 1350 GMT, the dollar was worth 1.3970 marks from 1.3725 late
        AFP  -  96 words
      • Article, Illustration
        Untitled
        1345 16 rrade-n righted index ixtkvlaled against S'pore's lop 14 trading partners. Box >war I9Bf US$/S$ forward rates Noon /Jul 10 SS BU Oder I -month 1.3998 1.4013 2-month ***** ***** 3-month 1.3935 1.3950 6-month 1.3835 IJSS5 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m mM II: Singapore dollars to oae
        1,345 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollars end easier
        1419 17 Reuter SINGAPORE Simex Euroyen and Eurodollar futures were lower at the close. Dealers said Euroyen saw profit-taking after sharp gains on Friday. A firmer dollar/yen rate also pressured the market lower. The market fell in the morning on the back of the Nikkei rally but firmed
        Reuter  -  1,419 words
      • Article
        Gold sharply higher on yen's fall
        655 17 COMMODITY REPORTS Gold TOKYO: Gold futures settled sharply higher, ending mostly at their day's highs, in tandem with the yen's fall against the dollar, traders said. Yen-denominated gold futures ranged from 16 to 25 yen per gram higher, with benchmark June up 24 at
        655 words
      • Article
        Chicago options trade volume up 2%
        52 17 CHICAGO Trading volume at the Chicago Board Options Exchange rose 2 per cent in June as the exchange logged some IS.O million contracts during the month, up from 14.7 million a year ago. Daily volume averaged 682,326 contracts in June, also a 2 per
        52 words
      • Article
        Refining overcapacity in W Europe
        80 17 THE HAGUE A drastic restructuring in oil refining is inevitable in the light of overcapacity in western Europe, according to the outgoing director of Shell's Pernis refinery in the Netherlands, Jan van der Veer. According to Mr Van der Veer, west European refineries are failing
        80 words
      • Article
        Toho Zinc to increase production
        74 17 TOKYO Japan's Toho Zinc is trying to cut its production costs ahead of a planned increase in zinc output later this year, according to a senior company official. Toho Zinc will increase production of zinc ingot at its Annaka zinc smelter in central Japan to
        74 words
      • Article
        US coffee roastings down
        58 17 NEW YORK US 1995 coffee roastings through July 1 reached 8.23 million 60 kg bags, down from 8.42 million in the same period of 1994, according to data compiled by Complete Coffee Coverage. Roastings for the week ended July 1 stood at 250,000 bags, steady from
        58 words
      • Article
        Kazakh combine near standstill
        45 17 ALMA-ATA Production at the Ust-Kameno-gorsk Lead and Zinc Combine, one of the largest non-ferrous metals enterprises in Kazakhstan, may come to a standstill within the next few days. Ust-Kamenogorsk is facing this "difficult situation" due to a lack of raw materials.
        45 words
      • Article
        COMMODITY PRICES
        1474 17 SICOM Futures Jul 10 (futures dasiag as at S.3tpn) RSS 1 Cantract (S cents/kg) Close Volume Open Month High Low Sell (tonnes) Interest Aug 95 199 00 195.00 199 00 350 2200 Sep 195.50 50 1975 Oct 193.00 ***** 192.00 200 2225 Nov 193.00 191.00 192.00 200 2225
        1,474 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1015 18 +33.8 STOCKS closed 1.6 per cent higher yesterday amid heavy trading inspired by strong rises on offshore markets after last week's monetary easings. "I think it's largely a reaction to the US and London markets overnight and it's probably overdue," said a dealer. The AH Ordinaries Index climbed 33.8
        1,015 words
      • Article
        Manila
        594 18 +64.71 Share prices rose 2.23 per cent in brisk trading to breach the 2,900-point level on a rise in the Dow Jones and buying in local blue chip stocks. "The record highs in the Dow Jones boosted local market sentiment," said an analyst. The PSE Composite Index added 64.71
        594 words
      • Article
        Taipei
        564 18 -21.94 Share prices finished 0.4 per cent lower, pulled down by food counters which fell 1.5 per cent. "Investors cautiously adjusted shareholdings to consolidate recent gains," said a dealer. The 321-issue Weighted Price Index slid 21.94 points to 5,569.83. Turnover slowed to 788 million shares worth NT530.91 billion. Falls
        564 words
      • Article
        Seoul
        481 18 14.86 Share prices continued to rally for the fourth consecutive trading day, up 1.6 per cent on the strength of robust blue chips. "Expectations of a summer rally based on stable rates and a soft government monetary policy, are spurring buying sentiments," said a trader. With major index-linked blue
        481 words
      • Article
        New Zealand
        374 18 +55.03 Share prices ended sharply higher after taking a major shot in the arm from the strength on Wall Street and comments from the New Zealand Reserve Bank. The NZSE-40 Capital Index gained 55.03 points to 2,136.78. Turnover was moderate at NZ546.5 million, but higher than normal for
        374 words
      • Article
        Lock icon Bombay
        99 18 Reuter +8.02 The BSE 30-share Index gained 36.95 points to the day's high of 3,227.99 at mid-session but brokers said the rally ran out of steam and prices ended almost unchanged. The index finally closed 8.02 points up at 3,199.06. The National Index ended 1.13 higher at 1,486.51. "The
        Reuter  -  99 words
    • WORLD STOCK MARKETS
      • Article
        Paris
        142 18 -1.41 French shares ended slightly lower on profit-taking after a week of good rises. Dealers said the market's refusal to fall much was a good sign and prices could resume their upward trend up to Thursday on expectations of lower German rates. The CAC-40 Index closed down 1.41 points
        142 words
      • Article
        London
        855 18 -7.9 BLUE chips took a breather, closing near the day's low after drifting from an early advance for most of the day as shares consolidated following a rise over the past 10 days, with further advances seen possible. The FTSE 100 Index lost 7.9 points at 3,455.0 on volume
        855 words
      • Article
        Frankfurt
        199 18 +5.13 German stocks rose to a 10month high as last week's cut in US interest rates raised hopes the Bundesbank would follow suit. "The feeling is that rates are coming down," said a trader. "Also, the friendly dollar and strong Dow Jones are helping the DAX climb steadily upward."
        199 words
      • Article
        Brussels
        191 18 +19.92 Belgian shares surged ahead on bullish sentiment fuelled by the stronger dollar and hopes of interest rate cuts. The Bel-20 Index added 19.92 points, or 1.4 per cent, to close near session highs at 1,469.40. Gains were squeezed into an afternoon session after morning trade was lost due
        191 words
      • Article
        Milan
        149 18 +26 Italian shares held in positive territory but closed off day highs, as early buying interest lost momentum and a steady calm once again fell over the market. The Mibtel Index closed up 26 points to 10,124 against an intra-day high of 10,175. "We opened strongly on the back
        149 words
      • Article
        Amsterdam
        295 18 +8.81 Dutch shares continued their record-breaking run with an 8.81-point jump to a closing high of 455.85, its biggest advance this year and its third consecutive record on the back of the Wall Street bull run. "It's the same story as the last few days," said a dealer. "The
        295 words
      • Article
        Stockholm
        140 18 1.06pc The Stockholm bourse general index broke new ground without the help of a Faltering Ericsson, which fell one crown to 154.5. The index rose 1.06 per cent to 1,706.78, passing a record high set on Friday. Relatively high turnover for a summer trade session, totalling 2.6 billion crowns,
        140 words
      • Article
        Zurich
        262 18 -5.5 Swiss stocks fell, led by banking group CS Holding, amid concern that banks are hurting from bad loans and that interest rates may not fall anytime soon. Industrial shares, meanwhile, led by Alusuisse-Lonza AG, were boosted by hopes that the economy will pick up. The SMI Index of
        262 words
      • Article
        Johannesburg
        352 18 +6.4 Shares ended a slow day mixed as an earlier steady showing faded, especially in golds, dealers said. They said some stocks had come off their better earlier levels as the rand edged off lows and after gold mine quarterly results. Investors would watch Wall Street and gold overnight
        352 words
      • Article
        Toronto
        224 18 +6.77 Stocks edged higher early as market players eye a surging Canadian dollar and digest Friday's stocks rally to record highs, traders said. The TSE 300 Composite Index rose 6.77 points to 4,631.55 on volume of 13.0 million shares valued at C 5239.00 million. Advancing stocks outnumbered declines 204
        224 words
      • Article
        New York
        753 18 11.41 Stock prices edged higher in heavy trading as the market tried to stretch last week's record-setting run that was touched off by the federal reserves interest rate cut. The Dow Jones Industrial Average, which climbed 38.73 points to a new record high 4,702.73 on Friday, was ahead
        753 words
      • Article
        Untitled
        527 18 Www Jal 10 Ascfc +/T ATX I I046.CH 14.27 Bank Auslna AG 4S7 2 Cirdiunaah 5*0 EVN IWI I lughJlcn 525 I m/inf W5 5 tr«Uni *33 Macula" Hid VZ J75 4 OMV Mi III! 13 ■Udtt-HenUrth 333 >11 VA Tnhnokmr 1234 19 VerbundACK 729 +3 3725 25 Source: Bank
        527 words
    • Article, Illustration
      Lock icon HONGKONG
      2834 19 Reuter HONGKONG The blue chip Hang Seng Index rose 95.29 points to end at 9,727.54 as sentiment remained reasonably buoyant after last week's U§ rate cut, said brokers. Turnover was about HK$6 billion, against last Friday's HKJ6.64 billion. The main index rose 140 points to 9,772 at one point
      Reuter; Source: Bridge Info  -  2,834 words
    • Article, Illustration
      Lock icon CHINA
      592 19 CLSA IN Hongkong, the H share index gained 29.42 points to close at 1,161.92 on turnover of HKS2O.7 million. Kunming Machine and Beiren Printing were the best performers, increasing 8.1 per cent and 6.6 per cent respectively. The Shanghai B market improved 0.4 per cent on turnover of US$4.l2
      CLSA  -  592 words
    • Article, Illustration
      Lock icon TOKYO
      2512 19 Reuter TOKYO Stocks ran out of breath after Friday's dramatic surge, with profit-taking and ar-bitrage-linked sales dragging the market down in late trading yesterday, and the Nikkei Average barely managed to end in positive territory. The Nikkei ended up only 29.58 points at 16,242.66. It had risen as high
      Reuter; Source: Bridge Info  -  2,512 words
    • Article, Illustration
      Lock icon BANGKOK
      1744 19 Bloomberg Business News BANGKOK Stocks, led by financial issues, rose for the fourth time in five days on expectations that last week's US interest rate cut will boost profits by making investments in Thailand more attractive, analysts said. "The entire impact of an interest rate cut hasn't been discounted
      Bloomberg Business News; Source: Bridge Info  -  1,744 words
    • Article, Illustration
      Lock icon JAKARTA
      1177 19 Bloomberg Business News JAKARTA Stocks rose as investors bid up the prices of banking shares in the hope that Indonesian interest rates will fall soon, brokers said. The Federal Reserve cut its overnight lending rate by a quarter of a percentage point last week, which has convinced investors in
      Bloomberg Business News; Source: Bridge Info  -  1,177 words
    • Article
      CLOB INTERNATIONAL
      2386 20 Gf Gr IW Last Vol Day IjriOMt D»» Dt* VU Nc« Mf# Hit* Low (oavuy U COM) Hfcfc law B«y« Seller CVr P/E tail MALAYSIAN STOCKS 47S 196 m A1S8 50c 410 >6 1054 420 406 410 412 1.0 -2.9 0.2 420.5 127 77.} m AMDB 50c 110
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    • KUALA LUMPUR STOCK EXCHANGE
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        Lock icon Blue chips hold steady, speculative stocks surge
        6831 20 Bloomberg Business News KUALA LUMPUR Blue chips were little changed after a US employment report showed unexpected strength, lowering expectations that the Federal Reserve will follow up last week's interest rate cut with further cuts soon. The US unemployment rate fell to 5.6
        Bloomberg Business News; Source: Bridge Info  -  6,831 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8678 21 Gr Ge M Wt IW l-Ml Vol Day Ijm Quote Dl< Dh VH IM Ca* A»g High Ln (oatpai, S.I* COM) High Lo» Ba>rf Seller Or P/C Sail Pric* INDUSTRIAL AND COMMERCIAL 498 382 ml s Acma 50c 440 1-12 1701 498 484 488 490 22.5 5 8 2.3 10.3
        8,678 words
      • Article, Illustration
        Lock icon Second liners rise strongly on retail-led rally
        1876 22  -  By Paul Leo SINGAPORE Second liners posted strong gains yesterday with follow-through buying by the small investor. "It was a retail-led rally," said a research manager, pointing out that most of the top gainers were Sesdaq-listed stocks. The UOB-Sesdaq Index rose 7.9 per
        Charts by Bridge Info; Source: Bloomberg  -  1,876 words
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      272 13 NEWS VALUE Foreigners to be exempted from CPF contributions (pg 1) Benefits companies with lower level expatriates. Axa sells Wing On Life Bldg for $105 m (pg 2) Commercial property market has clearly seen its peak. Mayfran makes IPO of 10m shares at 40 cents each (this pg) Likely to
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      222 14 Msmmt vhhss H MARGINMM H MR SHARE FINANCING RBI 'jf USE OUR RESOURCES 10 f? gg GENERATE MORE SHARE POWER g wmm x jn f c /v m vj- f W'.; H Wl m m MAKJINffIM lets you purchase stocks shares IBS nsr up to 3 times your pledged assets
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      45 14 12 TAGORE DRIVE 4 War KXJ9e Site Area 57,6405f Bu-t l A*— 96,000 sf (gross) 87,040 E* 4 cov container loading bays with dock levellers irjriv-rT** mtin 9 Tenancy good returns Easy access via CTE, SLE Joint Marketing Agmttt Jones lansWtooeor 251 7387 220 3888
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      89 14 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
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      188 16 I Four-Variety Cold Dub Five-Combination Cold Dish Cold Dub Deluxe Braised Shark's Fin with Braised Shark's Fin Soup Braised Superior Shark's Fin BBf Deep Fried Duck with Stuffing Deep Fried Duck with Stuffing Steamed Pomfret Steamed Sea Bass Fish Maw with Mushroom Soup Deep Fried Duck With Stuffing Fried Prawns
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      49 16 You may have been unable to get your Business Times, Straits Times, Sunday Times, UanHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask lor home or office delivery service.
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      280 17 INFiiiline ENGLISH NUMBER Children's Funland: Frogs And Toad* 910 0001 UsbomcT Puzzle Adventures 910-0002 MandTrak Horse Racing Results 911 0001* 4D/Sweep/Toto: Toto Dfaw No 989. Win Pnzesl 911 0002* Tele-Games 911-0003 Crack The Sale Mrs Wtzanfa Crystal Bal 11 MensaUne 911-0004 Puzztas In The New Paper Every Monday; Win Prizes!
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      20 17 As aid when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
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      92 18 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers
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      139 19 ADVERTISEMENT HThe Executive Treatment, perfected at Men's Skin Center. For true Executive confidence it is essential you look your best Good-looking skin is an important factor in enhancing your appearance and giving you a truly successful look. Many common skin problems caused by the tensions and strains of everyday life
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      87 22 To crack the safe or enter Mrs Wizard s crystal ball, call Tele-Games on N't 30 cents T-i *f a minute. WJ Keppel Bank of Singapore Limited ANNOUNCEMENT Foreign Shareholdings Pursuant to article 44(4) of the Bank's Articles of Association, Keppel Bank of Singapore Limited hereby announces that as at
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      Page 22 Advertisements Column 2
      267 22 M THE MATTER Of THECOMPAJMESACTCAP.99 AND M THE MATTER OP IA RESOURCES PTE LTD (ki Mambars'Voluntary Liquidation) At an Extraordinary General Meeting of too Company heid at 27 Cantonment Road Singapore 0206 on Bth July 1995 tha following special raaotuttona were passed: It was resolved (1) That EA Resources Pto
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      509 22 B IJ S 1 N i; -1 298 MTHE MATTER OP THE COMPANCS ACT CAP. 99 ANO 91 THE MATTER OP NOVAUTE TRAOMQ PTE LTD (In Msmbsrs' Vohrtsry Liquidation) At an Extraordinary Qenerel Meeting of toe Company haMal 27 Cantonment Roed Singapore 0206 on Bth July 1996 the following ipicW
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      270 22 01 THE MATTER OF THECOMRAIOESACTCAR.9O ANO 01 THE MATTER OF AMOY IT. m LTD (In Member* 1 Voluntary UqJdaton) At an Extraordinary General Maedng of toe Company held at 27 Cantonment Road Singapore 0808 on 80) Juty 1909 0w foaowtng apadal reaoMtona were paaaad: It was rwo'vw (1) That 03
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      320 22 MELEWAR LEISURE SDN. BHD. ("THE COMPANY") RM54,165,000.00 Six Per Cent Convertible Redeemable Secured Bonds 1994/1999 ("THE BONDS") To: ALL HOLDERS OF THE BOND Re NOTICE OF MEETING TAKE NOTICE that a meeting of the Holders of the Bonds will be held on the 3rd day of August 1995 at 11.00
      320 words
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      582 22 Singapore Closing Share Prices 10/07/1996 CLoee pmv low men Un un uh use WW/ Ju«wi ■iMinir 7.4U 7.00 7-44 r« Fran L WMrj Myta» on O.OS O.M OJ4 HSE™ r 1M I.M IJ( 1.00 rri 1.10 1.10 i.o» I.ls Jl Sill n if 0.48 0.40 Oj47S ojol Published by Jardme
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  • Shipping Times
    • Article
      Lock icon DAILY FREIGHT
      541 23 Knight-Ridder, Reuter MUCH steadier demand is being reported by brokers for Atlantic tonnage, especially from US Gulf and E coast S America, and the recent decline of the Baltic Freight Index has been almost halted with a loss of only 2 points to 1,937. Brokers point out that
      Knight-Ridder,; Reuter  -  541 words
    • Article
      Shipping lines to press for privatisation of Klong Toey port
      552 23  -  From Alan Boyd WITH the Thai elections over, shipping lines are resuming their campaign for the privatisation of Thailand's main port gateway, and will present the incoming government with a list of demands for overhauling inefficient handling procedures. The Bangkok
      552 words
    • Article
      Lock icon Taiwan gives nod to 9 shipping firms for direct China trips
      279 23 Reuter KAOHSIUNG Nine shipping companies have received approval to sail between Taiwan and China as soon as a Taiwan project allowing the first direct sailing links since 1949 goes ahead, officials said. The approval was given as part of
      Reuter  -  279 words
    • Article
      Samsung's SafeHull tanker
      71 23 SINGAPORE Samsung Heavy Industries has delivered to Conoco Norway the Heidrun, a 125,000 deadweight tonne shuttle tanker. Classed by American Bureau of Shipping (ABS), it is the first vessel to be completed using a tech- nology called Safe Hull. This technology, developed by ABS, was developed to
      71 words
    • Article
      Lock icon World-Wide moves ship management team to S'pore
      175 23 Reuter HONGKONG World-Wide Shipping, founded by the late tycoon Y K Pao, has moved its ship management and operating team to Singapore. It said its Singapore unit has assumed the principal ship operating responsibilities for the group's fleet of tankers, particularly very large
      Reuter  -  175 words
    • Article
      MARITIME STOCKS
      325 23 SES '000 Jul 10 S$ Vol Cwt Distribution 1.68 +0.06 58 Chuan Hup Holdings 1.26 +0.09 524 Cosco Investment 1.75 +0.02 142 Cosco Investment A 1.74 Far East Levingston 7.00 +0.15 557 GB Holdings Ltd 0.755 +0.025 134 Hai Sun Hup Group 0.94 0.08 1798 Hitachi Zosen Sing
      325 words
    • Article, Illustration
      Lock icon Keppel's $70m ship conversion job
      196 23 SINGAPORE Keppel Shipyard has added another notch to its belt. The yard, which has done more than 20 ship conversion jobs, yesterday handed over the Cossack Pioneer to Australia's Woodside Petroleum. Keppel Shipyard had trans- formed the vessel from a tanker to a floating production,
      Photo by Chris Loh  -  196 words
    • Article
      Sembawang Maritime orders its 7th ferry
      164 23 SINGAPORE Sembawang Maritime Ltd, aggressively expanding its regional ferry business, is adding yet another vessel to its fleet. In a statement issued yesterday, SML said ferry arm Kalpin Tours last week ordered a $4.16 million high-speed ferry from Greenbay Marine. The vessel is due
      164 words
    • Article, Illustration
      Lock icon Shipmanagers hit by profit squeeze
      709 24  -  Pleas to raise fees fail and, Andrew Guest reports, some are selling out or merging Andrew Guest Lloyd's List SHIPMANAGEMENT by itself has never been a hugely profitable business to be in, and the best most hope for is a modest surplus or break-even, while
      Lloyd's List  -  709 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      329 24 •ANL 3 Able 7 Accord 10 •Ahlers 6 •Ahrenkicl 4 •Appenship 4 Astro 10 Austral 11 Avant 6 BSA II Batamindo Bright Express 6 •CCNI 4 •CMA 11 •COSCO •CSAV 3 Centenary 7 Central Ex 11 Chahaya 4 •Cho Yang Contipac 10 Coslink
      329 words
    • Article
      THE SHIPPING GUIDE
      10876 30 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement rage ETA ETA AUvtrttoar VwmI Voyage Pfl I ETA ETA Adffrttor Vaaael Voyaja
      10,876 words
    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        603 35 Vw Voy No Rtfti Arrival Pgartea J»eng Port *W° Mence 5 J4 alongsde 1107/0600 W» Indah N211 J2 alongside 1107/2330 Peart 1/95 116/17 alongside 11 07/1700 C*a Excel 7/95-01 J12 atongade 11.07/1000 W*«« Happy 01 J7 alongside 11.07/0800 Ogtes 07/95 Jll alongside 11.07/0700 W teak* STA10 J5/6
        603 words
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        CONTAINER SCHEDULES
        1510 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking'Balance RsRs Ship Voy Wo Etb/Btr Period from To From Acj Swan 178A 12/1000 3 11/0700 11/1159 11/1400 4 11/1200 11/1459 11/1700 Aa Violet 0496 11/2359 1A 10/1500 10/1659 10/1900 IB 10/1500 10/1659 10/1900 2A 10/1700 11/0659 11/0900 2B
        1,510 words
      • Article
        COCKETT BUNKER MARKET REPORT
        870 35 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
        870 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        US$200b needed to expand Asia-Pac airports
        298 36  -  By Alec Almazan SINGAPORE Asia-Pacific countries will require US$2OO billion (Ss27B billion) to expand their already congested airports and about US$Bl5 billion to buy or lease new aircraft to cope with massive air traffic growth, the PECC conference was told. "The Asia-Pacific, already experiencing
        298 words
      • Article
        Lock icon Boeing and Airbus put super jumbo project on hold
        256 36 Bloomberg Business News LONDON Boeing Co and European aircraft group Airbus Industrie halted development of a "very large commercial transport" airplane, although the companies could reverse that decision in early 1996, British Aerospace Pic said yesterday. "Market studies do not indicate
        Bloomberg Business News  -  256 words
      • Article
        Apec urged to push for open skies
        456 36  -  PECC conference on air transport in Asia-Pacific Growing market needs free flow of air traffic, delegates told By Agnes Wee SINGAPORE Organisations like the Asia-Pacific Economic Cooperation (Apec) and regional groupings like Asean were urged to take the initiative to push for open
        456 words
      • Article
        Changi's plan for Terminal 3 finalised
        177 36 SINGAPORE A recently finalised concept plan for Changi Airport's Terminal 3 provides for a large, singlelevel passenger terminal with finger piers. "We have just completed the design of the new terminal, which will be very similar to Terminals 1 and 2," Civil Aviation Authority
        177 words
      • Article, Illustration
        Lock icon New signs of wealth
        49 36 Reuter BEIJING A man dinging onto a new Japanese-made refrigerator while sitting on his new television as a delivery cyclist ferries him home. China's economic reforms have boosted incomes of many urban dwellers who now prefer to pay steep prices for imported consumer goods. Renter
        Reuter  -  49 words
      • Article
        Lock icon Cambodian airline expands, hires more flight attendants
        239 36 Reuter PHNOM PENH Cambodia's national carrier Royal Air Cambodge (RAC) is on a recruitment drive for flight attendants due to a planned rapid expansion of airline routes, human resources and corporate affairs manager, Safian Salleh, said. "This is basically for international flights. We're
        Reuter  -  239 words
      • Article
        Lock icon World's airports post first quarter traffic surge
        254 36 Reuter GENEVA World airports recorded steady growth in passenger traffic in the first quarter of 1995, with Pacific Rim countries leading the way, and a strong surge in cargo movement, according to a report issued at the weekend. The Geneva-based Airports Council International
        Reuter  -  254 words
      • LOG BOOK
        • Article
          Air NZ tops business airline poll
          91 36 SINGAPORE Air New Zealand has been voted "best Pan-Pa-cific business airline" in the Business Travel World Awards. The 40 categories of the awards, organised by British magazine Business Travel World, were voted on by corporate travel manageers, business travel organisers and travel agents. The
          91 words
        • Article
          Lock icon Japanese-Boeing accord on YSX
          101 36 Reuter TOKYO A Japanese consortium will sign an agreement with Boeing Co this month to enter advanced talks on development of a low-cost passenger plane, the 100-seat YSX, a Japanese executive said yesterday. After exchanging the memorandum, Japan will discuss with Boeing work and cost-sharing for
          Reuter  -  101 words
        • Article
          Lock icon Renault's first made-in-China van
          74 36 Reuter BEIJING French vehicles maker Renault has put its first Chinese-produced vehicle on the Chinese market, the Xinhua news agency said. The Traffic, an eight-seat mini-van, is produced by Sanjiang Renault Automobile Corp, a joint-venture between Renault and the China Sanjiang Aeronautical Group in central China's
          Reuter  -  74 words
        • Article
          Lock icon US pilots picket over pay
          79 36 Reuter WASHINGTON The Airline Pilots Association said pilots at Jetstream Airlines, a USAir Express carrier, are conducting informational picketing over a lack of progress in reaching a new labour contract. The Jetstream pilots union said the talks have been going on with the unit of
          Reuter  -  79 words
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          Lock icon US$90m damages: Suzuki to appeal
          93 36 AFP TOKYO Suzuki Motor Corp said yesterday it would appeal against a US court order for a damages payment of US$9O million (S$ 126 million) for an alleged defect in its Samurai (Jimny) cross country car. Suzuki is the largest minicar producer in Japan and
          AFP  -  93 words
      • Article
        Lock icon Families of China Airlines crash victims to file suit
        140 36 AFP TOKYO The families of some victims killed when a China Airlines jet crashed in Nagoya in April 1994 have decided to file a unified damages suit against the Taiwanese airline. They will also sue Airbus Industrie, maker of the aircraft,
        AFP  -  140 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1486 36 AIRCRAFT ARRIVALS DEPARTURES nm ra n> Mi>MH SQ44I 1505 JMMM SQ228 2120 >11 RJ188 1325 lartrtw KL843 0455 KL844 0110 SQ323 0745 GA896 0235 KL837 1450 KL838 2300 SQ324 2330 CWB 2380 kmttmt SQ288 2040 SQ285 2045 »Wm«M 8M21 1106 SQ182 0915 SQ18I 1410 BM22 1210 B429 2115 MM— MZ906
        1,486 words
  • Page 23 Advertisements
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      32 23 r SKANDIAVERKEN 1 Manufacturer of 4 strokes Diesel engine parts services for; B&W Series 23 and Series 28. For prompt quotes services Pis contact Sole agent (S.EA)Blue Marine Tel: *****13/*****09 Fax: *****20
      32 words
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      Page 23 Advertisements Column 2
      18 23 Shipmanagers hit by profit squeeze: Page 2 PECC conference: Apec urged to push for open skies: Back Page
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      113 23 Your Choice, Your Satisfaction Tel: *****55 Fax: *****60 pis see Pa 3 for schedule I" 9k 1r 7 u im qMfc. A li Every cargo is special to us. No matter what type of cargo you're shipping, to any destination, you can be sure the people at MOL will handle
      113 words
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      1764 24 BULLETIN BOARDj Northwest appoints new MD Store, London venues P^^^fJß3!KBl3SEitllll l V l,l *'f1 for S-E Asia and China ft for LPG forum KB ft The International Transport Intermediaries Club Wll lanaiMUUi > (ITIC) has announced the release of its second Northwest Airlines has appointed James P The Third Annual
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      208 24 Lines and services represented by Members of the Registry of Accredited J Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. TH 740-2089 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday BusinessDmes FA fl i I~ S port PXatang Lowing
      208 words
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      941 25 WHOLESALE 0611 TEL: *****88 (12 LINKS) FAX: *****18/*****28 TLX: R*****0/***** FBBHIP vtssa voy sunk smetv desiwbion SUNW 10/15 17/07 IM7 PUM/MBKMG NBOUKI 1/15 11/07 20/07 RMIUNM/SMim SUNaOCA |/»5 17/07 19/117 HtGAU/MMK GWSUUAN 4/15 IN PORT 13/07 JAJUOk/MOANG SUM ROM |/15 17/07 11/07 JAMB/HOA* GUIfSUUAN 5/15 24/07 24/07 JNMA/MMNG SUMFUXU 1/15
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      Page 25 Advertisements Column 2
      1566 25 PACIFIC SOUTH WIST EXPRESS (DIRECT) 1 Ivesa voy awnA swftd iax I oak ax 1 hou Imk \w* Id* GtOKE WASMCTON M MA 13/17 14/17 30/17 11/H 01/ M U/M O/M 04/ M 04/ M 07/ M 01/ M AUSroFSBDE 41A I 20/07 21/07 I 13/01 IS/M I 14/ M
      1,566 words
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      Page 25 Advertisements Column 3
      789 25 ©HANJIN SHIPPING I"" whisb [■anevßsai a* Iml m I In—ma wrr sw laooema w|»|b|ik| HHirtffTHW tl» '*/*7 —i I m/m m/m os/m i nmummb* iim h/v aw—as urn 17/w um nm hw a/17 —t I u/m I ii/m I u/m m nm hmkbmm msi m/m h/w vm MMSWU MM 117/07
      789 words
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      694 26 KSSa Wf HAN WAN AMT WA STON PffIJUK SM H6 WO ITO SHI OK Mfi moiiowatxwßS n/t M/t n/7 ii/ 7 wi vn ~M 7V7 FIAWWBWBS M/ 4« M/t n/i 73/ A j> 77/t 142 M M _52_ wiwoaow tt/tm a/* 30/t 1/7 t/7 t\n nn vn i/% M—U_ lfllBBK«aWBS
      694 words
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      Page 26 Advertisements Column 2
      1222 26 I NOR ASIA I vessel voy sm alo las bcl val ham she hot ant fcl lha NOA HONGKONG Ml7-S 11A7 MM SIW7 MM VM MM Mi Ml VM M 7 MB7 MWSNAAMH MM-S IM7 MM MM UM MM 11M ISM ISM MM ISM 17 M SL MOTIVATOR S2M* MM
      1,222 words
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      Page 26 Advertisements Column 3
      630 26 IH^Hr JAPAM/HOMOKOMO/STRAITS REGULAR SER>fICeJ LOADING FOR PORT KLANG/PENANO J YES»R WY t'fom pbuoanc IFM Ifa B AN6LO ALLIANCE 6 SU> MPT »H'j I KALLEN a MPT 14 JUL J LANBO a 13 JUL WHOM >1 I»JUL 17JUL RAMON ABOTTU 1 17JUL H JULy 7, -y 7, J bib wb j
      630 words
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      1249 27 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0200 Tel: *****00 Fai: *****17 Mi-WM Anew guinea pacific lime Pilmnn riil (a service of china navigation co) CARGO DO€ SAILS IvW* STRAITS VENTURE VKI2E Mnara. KX, Ska*. Tkw 11M MPort 12 Jul tr% CTmrai «Wl—■■■■■ miuici
      1,249 words
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      Page 27 Advertisements Column 2
      1884 27 Singapore Agent: 1 I P&O Containers (Singapore Agencies) Pte Ltd JL 1 0 10 Hoc Chiang Road, #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE J* a} iJ&S 1^ 544 PNOCS fmv 225 5527/222 75,7 EXPORT IMPORT VESSEL VOV "**<> »OU "J" MAM OOT SHE LEN VESSEL VOV ZEE
      1,884 words
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      909 28 EUROPt/UK/3CAHDIHAVIA/fIMLAHO/BUSBIA «BP any ugc TUP ANW IHV LHV AMW THP HBG ROW PKL MP E. GENERAL RW-042 11/7 8/8 7/8 M 7/1 E. SSSSS M* 3M 27/5 vf 29/8 M/ 7 27/7 E ROUND RW-818 *2/7 11/« IJ/8 15/8 12/8 18/8 U c S D R c In ut w
      909 words
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      Page 28 Advertisements Column 2
      831 28 PERSIAN GULF SERVICE vissit VOT SGP DUB MU OMM MH KWT UM CONCERT 06M17W 1767 77*7 7MT7 HOT JJJ7 3M7 JM7 umco*co«o as; a??*. v an? w ■>*» UM COMMA U3M 023K MM <1« 14M IMI IMI IMJ 1M» UM ONWARD 8359-014W 11« 24/W 2SM Tim VAM AttO ACCtPTWC FCL
      831 words
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      Page 28 Advertisements Column 3
      607 28 S RICHFIELD MARINE AGENCIES (8) PTE LTD TEL: *****33 (12 UNES) FAX: *****19/*****03 TELEX: RS ***** RJSHIP (3 Lines) CR NO **********0E ETHIOPIAN SHIFPMB LINES r rriUnini I hi« nf riWiiifai ACCEPTING FCL AND CONVENTIONAL i Vmml Voy ETA Loading for Spore AbbayWoru 44W8 21/07 D| yx 4,W 0M» H
      607 words
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      1758 29 SAUM TO SOOTH AFMU EAST COAST SOUTH AMBUCA Ss»trtl 4|»A M (Gtttnl) fitltll (</«/*••*<■* #Ml COSWfI SHIPPING PTE LTD f> 4 f l 4 tm 'L'ZZZ. i StaatM Wmw H7-MM TillM.itSSl COSHIF 4MMM D/V. 41M7M Ct»rMllfl *ttS7*S oumSruSrt C*m:iinmsma F„ nun* muuHtn o«» *m7st t twit Simian lit* CCSU JOHOKC
      1,758 words
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      Page 29 Advertisements Column 2
      520 29 HEUNG-A SHIPPING (KOREAN FLAG) I rmrcowwi«gH>sttVKi 1 j convßmo*Ai savia 1 wmkSK im [■> lit »|i |w Ik mm mm/m |fw \m* ml« m [mm im~ saw p v.srat 04/07 11/17 M/ 07 1 j/v nm v/»; a/»7 w/»; no. 1 donas si m ii/jz r lilil HISL MB LUL
      520 words
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      Page 29 Advertisements Column 3
      356 29 p] DONGNAMA LINE VfSSaOKS) S» H RN rw K KM ■MM VMM 15/17 17/17 11/17 10/17 30/07 01/00 ■CEKIMBffIM 11/07 14/17 75/17 17/17 N/M M/M SMOMCIUBBSMH »/17 11/17 01/00 03/00 IJ/M 15/00 Ml KM/UK UK 05/* 17/ M M/M 10/00 10/01 n/H WOUND TMI ASIA ICTV»C« VBS&pm SCT MS K
      356 words
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      Page 29 Advertisements Column 4
      659 29 (ft FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 y HOT UNE: *****33 (30 UNES) GOTHENBURG7SCAN 17/07 ROTTERDAM 17/07 AARHUS/COPENHAGEN 17/07 HAMBURG/BREMEN 17/07 MARSEILLE/FRANCE 12/07 FELIXSTOWEAJK 17/07 BARCELONA/SPAIN 12/07 LEHAVRE/FRANCE 14/07 GENOA/ITALY 16/07 ANTWERP/BELGIUM 14/07 LOS ANGELES/WC/IPI 14/07 SYDNEY/MELBOURNE 15/07 NEW YORK/EC 14/07 FREMANTLE/AOELAIDE 14/07 VANCOUVER 14/07 BRISBANE 15/07
      659 words
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      1077 32 vessel T~vov sin jkt I vessel voy sm pen WANABHUM Fri 14/7 Tu. I THANA BHUM 127N Tu. W«1 12/7 J I wy I S" IT VRABHUM 1383 SM 15/7 wT H RATMA BHUM MN Tu. In Pt .Fri 14/7 nawA BHUM 02S Sun 18/7 Dbi OH— W iiTT "W
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      Page 32 Advertisements Column 2
      861 32 79 ANSON ROAD, *21-01, SINGAPORE 0207 TEL: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANQ B PEMANG vessel Ivoy sw I ro. [vessel voy JS»L. SEA LAUREL 404N 13/07 THU 14Q7FRI B LHOTSE IMI7SUN EAGLE MOON 092 A IVO7THU 1507 SAT B XQURJ&YA 95W9 lASLffi. 7^7s FARO *****
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      604 33 M MYANMA FIVE STAR LINE r (Myanmar National Line) w Loading for Yangon (Rangoon) S>ora P.KIg PEN P Gdfl MYOMAYWA VIS6W 15/117 PATHEIH VI33W 21M17 MALAYSIA AGENTS: BOUSTEAO SHIPPING AGENCIES KUL: TEL 12-03-*****04 PKL: TEL 02-03-*****11 PEN: TEL 02-04-*****02 PGO: TEL 02-07-*****21/4 ML NIGERIAN NATIONAL SHIPPING LINE SPORE FOR TBN
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      Page 33 Advertisements Column 2
      999 33 ADVANCE CONTAINER LINES (PTE) LTD ■f\ I 140 CmM street #12-00, PIL Building, Singapore 0106 Ln- TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E JAKAITA MM Selling loLCtt) (2 Selllnot/Wert) ronAsaasuguMAOMm VtSSEI VOY SJN BKK SIM VISSE VOY s*! 16/07 n/& sm mAmim mat 'vo? '»/<g "/<?
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      Page 33 Advertisements Column 3
      810 33 VESSELS VOY SIN LE HAVRE HAMBURG THAMES ROTTERDAM AMTWgy VLLEDEVELA VO9W 11/07 01/08 03AM 06/06 06/06 07/06 VELEDECAPELLA ~TX>W 17/07 0606 I<MM 12AM 13Q6 I*oB V*_LE DE LIBRA LOW 26/07 15AM 17AM 19AM 2006 21/06 VILLEDE NORMA MOW 01/06 22/08 24AM 28AM 27/W 2M38 ALSO ACCEPTING CARGO TO ALL U.
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      710 34 AFGHANISTAN MAM Afghanistan Ltd. ■LJH HLJH Hairatan, Torghundi, Islamqala (Doqharun) "lot ■WH c.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku, Dushanbe, UilitTor A Mnnrh Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, Novosibirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny Mongolia; Ulaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA *i mn ACCEPTING
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      Page 34 Advertisements Column 2
      292 34 WSB MlljCDNTAlNEltyMiiaiipl Agants: MAC-NELS SPORE: *****22 (24 UNES) SS(SS?Si»» tMNL^^aiaMi 1 P. KELANQ: (03) *****77 JAKARTA: (21)*****07 SURABAYA: (31) 2MIM I ASIA HKG/TWN/BKK GENOA/EUROPE I z z w Sh i JJg Jg HEES Ldn/Flxyßtm/AntAHanVlah Z Z Z iy7 Genoa/Barcalona/Marseilles 12/7 13/7 14/7 11/7 12/7 13/7 SHANGHAI/DALIAN JPM/KOBEA/MANILA XIAMEN/BEUING Mamla/Cebu 12/7
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      Page 34 Advertisements Column 3
      217 34 1 cosco EXPORT TO. CMMA/HONQ KONG EUROFE/CONTMBfTAL WEST MEDITERRANEAN AUSTRALIA US WEST/EAST COAST PERSMN QULF/KARACMI Plmm re«er above mentioned aarvtcaa to CNna Ocaan SNpping Co. CWWfif A Rfll ftp-™-* VESSEL SGP» PEN- PKL* HKG SHA QM TUO HE *3167 16*37 17*37 19*37 25/07 29*37 01/08 WEI HE /DIM 26/07 27/07
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      Page 34 Advertisements Column 4
      304 34 STRAITS/ JAPAM/ STRAITS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY UFT CAROO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS I i eu i rn i LOAMwrat vissa wot an n tautou i~~ 12/7 KBSNUM 43 13/7 14/7 MIMA 11/7, MM* U/7, JAFM COSJMC OUUiHGa 41 14/7 MVBSUMKT 1 17/7
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  • Page 35 Miscellaneous
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      Page 35 Miscellaneous Column 1
      134 35 REGIONAL WEATHER LEGEND: (J Temperature o^, i Thuo<l ,or,Tl Weather V Wind d*ectK>n wrth speed in knot* y Shower j ee Rain Wove height Cloudy Sky Surf oca wind* ore indicated by arrows which Hy with the wind One full circle represents cotm or light ond variable winds J One
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      57 36 M.V. "YAYASAN LAPAN" VOY 2 ARRD 3RD JULY 1995 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 12th July 1995 0900-1200 hours at PT6 No further survey will be entertained thereafter. As Agents: "K" Line Kinkai AB
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