The Business Times, 12 July 1995

Total Pages: 48
1 48 The Business Times
  • 13 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Wednesday July 12 1995 85 c
    13 words
  • 2am LATEST
    • 76 1 Reuter NEW YORK Blue-chip stock prices were beaten back yesterday afternoon as investors hung back, awaiting the slew of second quarter earnings reports that were just getting underway. At 2 pm EDT, the Dow Jones Industrial Average was ofT 13.49 points at 4,688.90 after earlier sinking
      Reuter  -  76 words
  • 170 1 Stock mat-kit iwiicM Tuesday Chance ST1I 2.171.78 -14.17 KLSE Comp 1,055.64 -8.34 Nikkei 16,588.19 +345.53 Hang Sen* 9,669.97 -57.57 SET Index 1,467.11 -4.93 Jakarta Comp 507.51 -2.98 Manila Comp 2,910.15 -47.97 Taipei WPI 5,594.87 +25.04 Seoul Comp 959.99 -1.85 Bombay BSE30 .3,214.94 +16.40 CLSA China B 787.09 +2.66
    170 words
  • 577 1  -  By Chuang Peck Ming SINGAPORE Asian investors have continued to lose money on their direct investments in the United States, according to US Commerce Department figures. Their net loss totalled US$lO billion (Ssl4 billion) in 1993, the latest year
    577 words
  • 158 1 AFP GENEVA China, which is seeking full member status in the World Trade Organisation, was yesterday granted observer status in the recently-created multilateral body, WTO officials said. The announcement came after a meeting of the WTO's General Council, which includes representatives from its 100
    AFP  -  158 words
  • 565 1  -  By Siow Li Sen SINGAPORE SIS '88 Pte Ltd, Singapore's only sugar refinery, will be badly hit and may have to close down if landlord Jurong Town Corporation (JTC) increases its annual rent almost seven-fold to nearly $45 per square
    565 words
  • 395 1  -  By Abdul Hadhi SINGAPORE The developer who bought Cosy Mansion under an en-bloc sale last October has hit some snags in its plans to redevelop the site. Sources told Business Times yesterday that the developer, Mount Rich Properties, paid close to $25 million
    395 words
  • 564 1  -  Reaction to new CPF ruling for foreign workers By Ven Sreenivasan SINGAPORE Employers said yesterday that while they welcomed the cost savings from not having to make Central Provident Fund contributions for foreigners on their payroll, they would have to
    564 words
  • 333 1 Reuter, AFP, AP YANGON Pro-democracy leader Aung San Suu Kyi, her spirit unbroken after six years of detention, yesterday urged the generals ruling Myanmar to join her for talks on national reconciliation. "Once-bitter enemies in South Africa are now working together for the betterment of the
    Reuter,; AFP,; AP  -  333 words
  • Page 1 Advertisements
    • 206 1 AT HBJM— #01 -25 Paragon by Sogo BT Online Look ns up at wwwjsial .com.sc/biztimes Nm CaapaaiM S pore New 2.4 SporeJTsa 17.18 Reponai News 6-10 Financial 21.22 World News 16 Martlets Faatam Ctob. KJ.St, SCS 26-28 Reg Analysis 15 teg®"* -2* EAtord 14 World 25 TV/lfestyte 13 Currencies 22
      206 words
    • 20 1 Regional Analysis: Pg is The outlook for Thai foreign policy Profit-taking ends seven-day advance on S'pore stock market, Pg 28
      20 words
    • 18 1 Hock Lock Siew: pg 17 Vincent Tan hits a win/u^k Moulmein Lodge up for joint sale, Pg 2
      18 words
    • 117 1 t Bottom Line: Pg 16 Hanoi ties: What now? HH Yangon move lifts barrier to investment, Pg 8 THE GREAT SEAFOOD THEATRE FEAST 1995 Business Lunch Family Dinner Feast Ail You Can For Just $23. That's 50 delightful dishes in all! Featuring the best of Seafood Theatre Restaurant s much
      117 words

  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 266 2  -  By Shiv Taneja AFTER hitting a low of 0.8 per cent last month, the benchmark three-month in-ter-bank rate the rate at which banks lend to one another has been trending upwards and, for the first time since then, reached 3 per cent yesterday. P K Basu,
        266 words
    • 533 2  -  By Jenny Lam RETAILERS are looking to the second Great Singapore Sale, which starts officially this Friday, for some reprieve from their retail woes. But expectations of the sale are mixed some expect a higher turnover while others say
      533 words
    • 289 2  -  By Michelle Low HOMEGROWN Chop Hup Chong Food Industries which produces the Bee Chun Heng brand of barbecued meat or "ba-kwa" will double its outlets to 50 by 1998, as it prepares for a listing in five years' time.
      289 words
    • 239 2 TO TAKE advantage of the higer plot ratio for their site, the eight owners of Moulmein Lodge have teamed up to offer their properties collectively for sale. In a statement yesterday, its marketing agents Chesterton International said the site has been earmarked
      239 words
    • 468 4  -  By Siow Li Sen NTUC FairPrice Cooperative Ltd, Singapore's leading supermarket chain, may have to raise its rice prices in a couple of months if Thai rice prices continue to rise sharply. Current prices of Thai rice 100 per cent grade B the
      468 words
    • 233 4 MANUFACTURING companies will have to continually improve their technology if they are to remain competitive, the Acting Minister for the Environment said yesterday. Rear-Adm Teo Chee Hean said at the opening of the Autofact Asia '95 exhibition that with consumers becoming more demanding, and
      233 words
    • 391 4  -  By Soh Ting Kang MANY Singapore reinsurers will withdraw unlimited liability cover for certain types of policies on their renewal this year. The move will restrict the capacity of direct insurers to offer such protection in these policies to their clients.
      391 words
    • 208 4 THE government will soon bear the bulk of the cost of repairing spalling concrete in Housing and Development Board flats. The Ministry of National Development (MND) yesterday said a special scheme to help HDB tenants foot the bill would take
      208 words
    • 256 4 PAKISTAN is looking east for investment, a senior Pakistani government official said yesterday. According to Shahid Hasan Khan, special assistant to Pakistan's Prime Minister Benazir Bhutto, his country is putting into place a framework for high and stable economic growth, which should encourage
      256 words
  • Page 2 Advertisements
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      397 words
    • 124 2 j: r: g v 76 Boat Quay Where Every Deal Is Done... The Dealing Room. A place for people in the stressful arena of bulls and bears to talk shop. hang loose, meet, party. Or simply, to catch a quiet moment, recharge, revitalise, relax. It's a place for people dealing
      124 words

  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 227 4 Unfortunately, This Is What Most Secretaries See When They Type. V v, How -hn q<=»P> won 1 -iiiQ-t-Presenting Brother View Mode Typewriters. Now, you can see what you've just typed. n'TCm AX 625? 80 AX 325: LCD Mode Auto AX 525: 16 paper character K9L Out' memory Check with Auto
      227 words

  • Page 5 Advertisements
    • 376 5 B R E I T" LIN G 1884 IB ri~-, v c > r if. |V vHE W- *l" jI W-^^ rf Yftl l f^Viii f' '*"|ffr a j^^j^jjj^jjj^^||j^jjj|j^j|jj^^ Multifunction quartz electronic instrument watch with displays. Altitude. Speed. Time... All shown by a <*■ Hours and mlnutes shown by conven
      376 words

  • SOUTH-EAST ASIA
    • 336 6 AFP, Reuter JAKARTA MPs from both ruling and opposition parties called for new legislation to bar the children of high officials from ncpotistic business arrangements, press reports said here yesterday. An MP from the ruling Golkar party, Hartini Kasran, asked
      AFP,; Reuter  -  336 words
    • 157 6 AFP ARANYAPRATHET, Thailand Thai border forces were put on full alert yesterday to prevent fighting between Cambodian government troops and Khmer Rouge guerillas from spilling over the frontier, a military official said. Defences at five Thai villages were beefed up as government
      AFP  -  157 words
    • 279 6 Bernama KUALA LUMPUR Umno members found guilty of abusing power and indulging in money politics will be sacked or suspended from the party, Umno deputy president Anwar Ibrahim said yesterday. Mr Anwar, who is chairman of the Umno disciplinary committee, described such
      Bernama  -  279 words
    • 350 6 AFP KUALA LUMPUR Malaysian Foreign Minister Abdullah Ahmad Badawi yesterday shrugged off allegations that several of his country's key investments in Cambodia were unlawful. "If (Malaysian) investors go there, they will have to deal with the government. As long as they conform, they
      AFP  -  350 words
    • NOTE BOOK
      • 123 8 AFP HANOI In a combination that may come as a shock to wine lovers, a British company is teaming up with a Vietnamese partner to set up a vineyard near Ho Chi Minh City, a report said yesterday. A processing plant and vineyard are
        AFP  -  123 words
      • 92 8 Bernama KUALA LUMPUR The Ministry of Rural Development will seek the cooperation of local universities for a study on small estates to ascertain their needs for basic infrastructure facilities. The minister Annuar Musa said yesterday the three-month study would begin as soon as
        Bernama  -  92 words
      • 72 8 Reuter JAKARTA Indonesia's Investment Minister Sanyoto Sastrowardoyo yesterday officiated at a ground-breaking ceremony for a USssBso million (S$ 1.19 billion) Arun Aromaticsjndustrial Centre in Aceh, northern Sumatra, a company statement said. The petrochemical plant, belonging to PT Humpuss Aromatic, a member of the Humpuss
        Reuter  -  72 words
      • 79 8 AFP MANILA The Philippine government's National Amnesty Commission (NAC) has granted amnesty to more than 300 supporters of the late deposed dictator, Ferdinand Marcos, it was announced here yesterday. Among those granted amnesty were the three sons of Marcos' military chief and main supporter, General
        AFP  -  79 words
    • 542 8 But some pragmatic neighbours already have a headstart in potential bonanza AFP SINGAPORE The release of top dissident Aung San Suu Kyi has lifted a barrier to more foreign investment in Myanmar, but pragmatic neighbours already have a headstart in the potential bonanza, analysts
      AFP; Reuter  -  542 words
    • 175 8 Reuter HONGKONG The release of Myanmar dissident leader Aung San Suu Kyi could improve the performance of overseas My an mar-specific funds by giving the country's economy a shot in the arm, a fund official said yesterday. Richard Neville, director of the Myanmar
      Reuter  -  175 words
    • 336 8 Bernama KUALA LUMPUR Malaysia, while accepting that the Generalised System of Preferences (GSP) is not permanent, would still fight if its removal is based on reasons which are not valid, said an industry source yesterday. He added Malaysia
      Bernama  -  336 words
    • 295 8 Bernama AFP HANOI Vietnam and the World Bank signed agreements yesterday granting Vietnam US$265 million (SS37I million) in interest-free loans for power supply and irrigation projects. The credit agreements, which bring the total World Bank commitments to Vietnam to US$BOO million for seven
      Bernama; AFP  -  295 words
    • 326 8 AFP MANILA The Philippines yesterday insisted that further peace talks with communist guerillas be held on Philippine soil after scheduled negotiations in Brussels collapsed last month over the fate of a jailed rebel leader. Jesus Dureza, spokesman for the Philippine
      AFP  -  326 words
  • Page 6 Advertisements
    • 332 6 *mjif :^iiINMMPKK£ %,^H^V^HnH ■RlllSlte lit®■&•■ Imagine being able to, quite are fully furnished. (You need literally, stroll down to the beach only bring your luggage!) at the end of your working day. There are full sports and You can at Mandarin Gardens, recreational facilities too, Singapore's only full-service from tennis
      332 words
    • 77 6 MHHj^I </<?/<?/ trading. Dealing Room. 'dealing Kp e ple the of bulls bears shop, hang Or to a quiet revitalise, a place people frW^k| dollars jk BN with good taste and good up to l°w only to bar\®!t gains. By any measure, The tZptojmmM Dealing Room is a on the
      77 words

  • Page 7 Advertisements
    • 266 7 *\L '""V': m\ H V HL w \V i 1 X >w v m 1 mm fl fl m IV 3 m M W M m\ M m w^ Ik, -*<. '«ft -*4H ai^l ***.*■#> ifim BIV |p; -iv*" w*.*£'* x HWF A *J *tpr. 4 JmWßm -fliMk- s a&SHhELr..W^
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  • Page 8 Advertisements
    • 345 8 J I IPO OF A PRIVILEGE DEAL Overview: Low cost, high N fii Can you cut a better deal than prevails, you could drive away a The deal: Ss3BB nett offers you a choice of two packages. dchiwb tan Package 1 one bottle of smial: oo7« bjwmv: jvlt m Johnny
      345 words
    • 115 8 THE JOYS OF SUMMER AT THE GINGA Hfl»"* i# Summer the season of JULY'S SUMMER SPECIAL bountiful harvests and beautiful Unag Kabayaki (Q ri iied Eel with Sweet Sauce) flowers in full bloom, is always i n g en riimono (Simmered Green Beans) a joyous sight to behold. Kyuri Sunomono
      115 words

  • CHINA/HONGKONG/TAIWAN
    • 457 9 Bloomberg Business News BEIJING The inflation rate in major Chinese cities fell by more than one-and-a-half percentage points in June, thanks to the government's tight lending policy and a bumper summer grain harvest. The consumer price inflation index in China's 35
      Bloomberg Business News  -  457 words
    • 236 9 Reuter BEIJING China's income tax revenue rose sharply in the first five months of 1995 but tax evasion remains widespread, the Xinhua news agency said yesterday. Income tax revenue in the period was 4.319 billion yuan (*****.6 million), up 84.4 per cent
      Reuter  -  236 words
    • 248 9 Bloomberg Business News TAIPEI United Microelectronics Corp (UMC) will team up with two US companies, Alliance Semiconductor Corp and S3 Inc, to build a US$l billion (Ssl.4 billion) chip plant in Taiwan to meet booming global demand. UMC, Taiwan's secondlargest semiconductor maker,
      Bloomberg Business News  -  248 words
    • 263 9 Bloomberg Business News HONGKONG The value of goods imported to the territory and then re-exported rose 27 per cent in May, driven by reexports to Singapore, Japan, France, Taiwan and China. The Census and Statistics Department yesterday said domestic exports rose 13
      Bloomberg Business News  -  263 words
    • CHINA WATCH
      • 87 9 Reuter SHANGHAI The rich are getting richer and the poor poorer in Chinese cities, the Shanghai Securities News reported yesterday. It said the top one per cent of urban families on average earned more than 100,000 yuan (S$ 16,800) each year and had bank
        Reuter  -  87 words
      • 94 9 Reuter TAIPEI Taiwan, scrapping a barrier to business with China, yesterday said it has decided to let domestic banks have indirect contacts with China's banks for the first time since the two ended a civil war in 1949. The new easing allows some
        Reuter  -  94 words
      • 109 9 Reuter HONGKONG China has drafted a law to try to control the impact of floods that kill thousands and ruin crops each year. The Ministry of Water Resources has drafted China's first flood control law and will submit it to the National People's
        Reuter  -  109 words
    • 73 9 AFP CHENGDE A worker arranging a display of locally-made and imported condoms for sale at a family planning information station in Chengde city in eastern China's Hebei province last Monday. While Chengde is a model city for family planning success, most of the country is
      AFP  -  73 words
    • 230 9 Reuter HONG KONG The Governor of Hongkong faces an embarrassing and unprecedented vote of no confidence today, another sign of the unease permeating the British colony less than two years before the 1997 handover. Chris Patten, the 28th and, according to plans, last British
      Reuter  -  230 words
  • Page 9 Advertisements
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      167 words
    • 85 9 The People's Construction Bank of China U5570,000,000 Tranche A Floating Rate Notes due 2000 U5550,000,000 Tranche B Floating Rate Notes due 1998 For the interest period from 11 July 1995 to 11 January 1996 the Notes will bear interest as follows: Tranche A at 6.35% per annum Trancheß a 6.25%
      85 words
    • 229 9 CI o-sponsored by the Asian Society l 7 of Trichologists and Svenson International, the SINGAPORE HAIR EVENT must not be missed by anyone with any kind of hair or scalp m m I problem. Free hpir and scalp examina- m ml Mr m Hons byprofessional trichologists, a free trigbplogical 9hampoo
      229 words

  • ASIA
    • 501 10 Reuter TOKYO- Japan's government painted a grimmer picture of the nation's economy yesterday, saying in a report that the hesitant recovery appears to have stalled. "The recent gradual recovery trend appears to be at a standstill," the government's Economic Planning
      Reuter  -  501 words
    • 342 10 Reuter MELBOURNE Reserve Bank of Australia governor Bernie Eraser said yesterday it was clear Australia's economy was slowing, but he dampened hopes of a boost through interest rate cuts. Mr Fraser said there were no immediate implications for Australian monetary policy
      Reuter  -  342 words
    • 297 10 Bloomberg Business News SEOUL The recent surge of the Korean won against the US dollar will damage South Korea's light industrial companies, already battered by high wages, growing imports and a chronic cash shortage, analysts said yesterday. While Korea's heavy industrial
      Bloomberg Business News  -  297 words
    • 72 10 Reuter SEOUL South Korea plans to build a US$36O million (Ssso4 million) trade centre in Moscow to help promote bilateral trade and other economic exchanges, the state-run Korea Trade Promotion Corporation (Kotra) said yesterday. A Kotra spokesman said the corporation and four
      Reuter  -  72 words
    • 70 10 Reuter SEOUL South Korea's agriculture and fisheries ministry yesterday said it will expand imports of 13 agricultund products this year to meet rising domestic demand. Included in the items are an extra 3.9 million tonnes of com which the ministry said would supplement original
      Reuter  -  70 words
    • 302 10 Reuter SYDNEY South Pacific trade unions will meet next Sunday to consider mounting a joint campaign to harm French interests in the region in a stepped-up protest against nuclear testing, Australia's main union body said. Union representatives from the major regional powers
      Reuter; AFP  -  302 words
    • 95 10 Reuter TOKYO A record numbec of Japanese are expected to holiday abroad this month and next thanks to the strong yen, but fewer are planning holidays at home due to the sluggish economy, a major Japanese tourist agency said yesterday. The Japan Travel Bureau estimates 2.95
      Reuter  -  95 words
    • 47 10 Reuter WELLINGTON New Zealand's current account deficit is expected to widen to at least NZ$2 billion (SSI.9 billion), about 2.3 per cent of gross domestic product, for the year to March, data to be released today is expected to show. Reuter
      Reuter  -  47 words
  • Page 10 Advertisements
    • 29 10 certainly been I class blow Perhaps to compare r^vHßV'lm the Your 850 Estate space you the your S M Motors. 249 Alexandra Road. Singapore 0315. Tel: 473 1488 VOLVO
      29 words

  • FOCUS
    • 1445 11  -  Clinton's decision to restore diplomatic ties wiih Vietnam reflects political courage as well as the rising significance of Asean countries, says Leon Hadar Leon Hadar WASHINGTON The Clinton administration has been criticised at home and abroad in recent months for its
      1,445 words
  • Page 11 Advertisements
    • 86 11 MOTOR INN CITY Situated a short walk from the Sydney CBD in one of Sydney's premier entertainment districts featuring an abundance of restaurants, bars and nightclubs. The precinct is popular with both tourists and business travellers. Prime entertainment location 92 accommodation rooms Extensive city and harbour views from the upper
      86 words
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      387 words

  • Page 12 Advertisements
    • 371 12 I I £gzL*S£* I 1 The All Naturally Brewed Beer, i where to wine, dine and entertain L WOHUTS UWGEST SELLING BEER J J MSN HMSCft MMD MIVIUM CMO Culrmwit Elto\ 1 <" .55? Just spend $500 and above wilhin 6 months at any of our outlets to qualify for
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      370 words

  • LIFESTYLE
    • 655 13  -  Susan Tsang is charmed by the Singapore Repertory Theatre's production of Little Shop of Horrors Susan Tsang Little Shop of Horrors is the story of Seymour, a loser, his squeaky, tacky but somehow adorable love, Audrey; and the plant that makes it all
      655 words
    • 663 13  -  Niki Kapsambelis watches the actor give another charming performance in his first public appearance since his arrest Niki Kapsambelis AP Conceding "i did a bad thing, there you have it", Hugh Grant was greeted by cheering crowds and applause on Monday as he appeared
      AP; Reuter  -  663 words
  • Page 13 Advertisements
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      246 words
  • Page 13 Miscellaneous
    • 1091 13 the Crusoe look at Grenada and Tobago. The two Crusoe Isles boast sorts tropical flowers and wonderful pelicans, egrets, mocking course, the Survival Chimpanzees share 98 per cent of the same genes as Man. and use tools. Jane Goodall's life ffSUp work has been to save and study these apes
      1,091 words

  • 956 14  -  New law lets banks run like businesses, not state bureaus, says Anthony Rowley Anthony Rowley The writer, BT's Tokyo correspondent, was in Hongkong recently CHINA'S introduction last week of a law to reform its state banking system was greeted with
    956 words
  • 441 14 THE World Bank carries quite a bit of clout in Indonesia. As a major donor to the large archipelago, the agency's annual report is sifted closely for clues on Jakarta's future economic direction and recommendations for sustained macroeconomic stability. So, when the latest report highlighted monopolies and oligopolies
    441 words
  • 359 14 THE GOVERNMENTS $268 million gesture to older Singaporeans who helped create today's prosperity looks like small beer when compared to the size of the economy, the reserves or even the annual Budget. However, when assessing its value, it would be wrong to look at
    359 words
  • 108 14 THE GIFT of $268 million to 300,000 retirees, former ministers and MPs, and 5,000 civil servants seems too little given that our assets rose to almost $100 billion three years ago. But the gesture our unique way of saying thank you. It is entirely different from
    108 words
  • 113 14 MISLEADING property advertisements have been the subject of complaints for the last few years, yet they persist. For the law to be effective, the offence has first to be given proper weightage. Right now, putting up misleading ads is classified as "a minor offence" by the
    113 words
  • 144 14 THE AGITATION over the Mantiri case continues to reverberate in both Indonesia and Australia. In Australia, the withdrawal of the nomination of the former chief of staff for general affairs of the Indonesian Armed Forces as the Indonesian ambassador to Canberra has caused a
    144 words
  • 176 14 EDUCATION MINISTER Lee Yock Suan recently announced a move to reward secondary schools which help pupils improve beyond their expected performance. Schools offering Special/Express and Normal courses would be eligible for the Value-Added Awards. But will this bring pressure to schools competing for the awards? According
    176 words
  • Page 14 Advertisements
    • 110 14 jiik MARKET JR W > REPORT... 1 k Tokyo dosed. London stirring. I V II Singapore swinging. I D ea l' n 9 R°°m. I j HSBm* The Dealing Room. A place for people in the MU stressful arena of bulls mm i and bears to talk shop, f/7, hang
      110 words
  • Page 14 Miscellaneous
    • 111 14 we Pif PROPOSING TH£ U) \i CJ*esto lcxng J DOONESBURY GARRY TRUDEAU mcam H wellyes ready* are vou no a mm* of nam- OKAi.fwrsAtrr WOU. vatms' BUTTM MHPCm* HOU?SHOPPtN6 IN LESS THAN BUT I OKRTHETOP, BUT Z/rSk WSPSuti ™L6*T>€H»* rM&AP/ YOU KNOW, ZSKZjWUR "BRTQ6ES' OKAI, HOW ABOUT NEVER. WELL, LIKE
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  • REGIONAL ANALYSIS
    • 1289 15  -  Reforms in Bangladesh have revived the economy but a faster pace needs to be kept up if poverty is to be reduced DR HABIBULLAH KHAN DR HABIBULLAH KHAN The writer is a senior lecturer in the Department of Economics and Statistics at the National
      1,289 words
    • 967 15  -  ASIAN VIEW By Yang Razali Kassim The writer is BT's regional analysis editor WILL Thailand's foreign minister be around when Vietnam is sworn in as the seventh member of Asean this month in Brunei? Strange as this may sound, and
      967 words
  • Page 15 Advertisements
    • 76 15 Virtual Office Tomorrow's Workplace Cover Story VO 2001: Virtual Office Tomorrow's Workplace Business Focus South Selangor: Ready for m Take-Off V Business Opportunities New Mexico's Silicon Valley Management 1 r\%i -J ISO 9000: Flavour of the Nineties m Personal Finance How to Executive Lifestyle Convene Motoring Review Computers Communications Trade
      76 words

  • 579 16 AFP, Reuter WASHINGTON President Bill Ginton this morning said the United States will normalise relations with Vietnam, closing a painful chapter in US history two decades after the end of the Vietnam War which bitterly divided the country. "Today I am announcing the normalisation
    AFP,; Reuter  -  579 words
  • 506 16 Beijing warns of risk to world peace if Gingrich's suggestion goes through AP, Reuter, AFP WASHINGTON The Clinton administration firmly rejected on Monday a suggestion by a leading Republican in the US Congress that the US "move to recognise Taiwan as a free country". "The
    AP,; Reuter,; AFP  -  506 words
  • 234 16 AFP, Reuter MOSCOW Russian President Boris Yeltsin was rushed to hospital yesterday with chest pains, but officials said his worsening heart condition was not serious and that his ability to govern was not affected. Mr Yeltsin, 64, was able to get up
    AFP,; Reuter  -  234 words
  • 99 16 AFP NEW DELHI India's National Human Rights Commission yesterday said it would investigate the death of jailed Asian "Biscuit King" Rajan Pillai, as his widow blamed it on the "callousness" of the judiciary. A spokesman for the autonomous panel said the commission had asked New Delhi
    AFP  -  99 words
  • 60 16 Reuter LONDON Britain's biggest trade union yesterday said it would seek strike action at British Airways pic over company plans to abolish national pay bargaining About 20,000 members of the Transport and General Workers Union working at BA are to be balloted in the coming
    Reuter  -  60 words
  • 353 16 Bloomberg Business News BRUSSELS European Union manufacturers expect to increase investment in plant and machinery by 13 per cent this year amid expectations of sustained economic recovery, a European Commission survey showed. The survey by the EU's executive agency, based on
    Bloomberg Business News  -  353 words
  • 84 16 Bloomberg Business News MILAN A judge in Milan has issued an international arrest warrant for former prime minister Bettino Craxi (right) on corruption charges, RAI television reported yesterday. Mr Craxi has been living for the past two years in Tunisia. He has already been tried in absence
    Bloomberg Business News  -  84 words
  • 91 16 Reuter KIEV A breakdown in the sewage treatment system in Ukraine's second largest city, unrepaired for 10 days, has cut off all water supplies to its 1.5 million residents and shut down industry. Officials yesterday said navy divers flown to the eastern city of Kharkov were
    Reuter  -  91 words
  • 48 16 AFP ALGIERS Islamic militants sabotaged a gas pipeline south-east of the Algerian capital, sparking an tyiormous fire, press reports said yesterday. The fire, which was started by a bomb and burned into the early hours of Monday, inflicted no injuries but caused serious damage. AFP
    AFP  -  48 words
  • 93 16 Reuter LONDON The United States yesterday sought to mend shaky economic ties with Europe but conceded that the allies would probably never stop quarrelling over trade. "We understand the biggest stakes we have in the world are right here in terms of the amount of trade and
    Reuter  -  93 words
  • 728 16  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is BT's Vietnam correspondent DONT put it down to good timing by the Clinton administration. The timing for normalising relations with Vietnam was not dictated by the foreign policy czars in Washington, DC. It
    728 words
  • 301 16 Bloomberg Business News NEW YORK Salomon Inc said it expects to report a sec-ond-quarter loss of about US$65 million (Ss9l million), stunning investors already unnerved by defections of senior bankers and traders this year. The company said it lost money in
    Bloomberg Business News  -  301 words
  • Page 16 Advertisements
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    • 11 16 A new chapter in US policy on East Asia, Pg 11
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      71 words

  • COMPANIES & MARKETS
    • 499 17  -  From Ho Kay Tat in KUALA LUMPUR ARAB-MALAYSIAN Corp Bhd (Amcorp), the holding company of banker Azman Hashim, is making a general offer to buy all of secondboard company South Peninsular Industries Bhd (SPIB) at M 56.20 a share. The friendly takeover
      499 words
    • 231 17 SINGAPORE A new Indonesian deal announced by infrastructure group Van Der Horst Ltd helped lift its share price closer towards market expectations of $8 yesterday. Reflecting the strong buying interest and possible followthrough buying today, Van Der Horst which started the year at
      231 words
    • 245 17 SINGAPORE Informatics Holdings' proposed one-for-one bonus issue coming amid renewed interest in electronics counters was well received by the market yesterday, with the share price shooting up 11.5 per cent to 92 cents. The Sesdaq-listed counter, the day's top percentage gainer on
      Source: Bridge Info  -  245 words
    • 367 17 SINGAPORE Everyone who applied for China Merchants Shekou Port (CMSP) shares under the public offer tranche will get a stake in the company, with only those applying for one lot of 2,000 shares getting it in full. CMSP said yesterday that the 1,491
      367 words
    • 817 17  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE This is the year Malaysian businessman Vincent Tan Chee Yioun is expected to make money from chickens. Specifically, Mr Tan should make some profit from his investment in Roasters Corp, franchise holder of
      817 words
    • 279 17  -  By Claire Leow SINGAPORE IPC Corps aggressive expansion in the Australian computer retail market ground to a halt yesterday when the company said it would close down 28 of its 54 retail stores. IPC Australia's general manager, Patrick Ng, said
      279 words
    • EYE on your STOCKS
      • Article, Illustration
        49 17 Firm 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance, Barings, Credit Lyonnais Securities, Daiwa, Fraser, GKGoh, Kay Hian, Morgan Grenfdl, Ong Co. Nomura, Phillip, Smith New Court. WI Can and SG Warburg.
        49 words
      • Article, Illustration
        107 17  -  By Quak Hiang Whai IDRIS Hydraulic is nearing overbought levels on the daily and weekly charts although the counter still has some way to go in the medium term, possibly to above $2.50. But in the nearer term, the daily RSI and stochastics are at the higher end
        107 words
    • COMPANIES
      • COMPANY BRIEFS
        • 77 18 SINGAPORE Fu Yu Manufacturing said yesterday it was not aware of any information that would have a significant effect on its share price or volume, in response to an SES query concerning the sharp rise in its price and trading volume on Monday. Fu Yu
          77 words
        • 54 18 SINGAPORE Keppel Shipyard has completed a $70 million conversion of Cossack Pioneer from a tanker to a floating production, storage and offloading facility. Awarded by Woodside Petroleum, the Cossack Pioneer contract is the largest conversion project Keppel has undertaken to date. The 149,991 dwt vessel was delivered
          54 words
        • 72 18 SINGAPORE Specialist stationery maker Nippecraft will more than double production capacity with its new fully computerised bookline, which can churn out more than 2,000 books per hour. Nippecraft has been granted an investment allowance of more than $2.3 million from the Economic Development Board for the
          72 words
        • 86 18 Bernama KUALA LUMPUR Renong Bhd has signed a US$l5O million (Ss2lo million) underwritten transferable loan certificate (TLC) with a consortium of eight financial institutions. The facility, arranged by Schroders Malaysia (L) Bhd, is the first US dollar debt facility concluded by Renong from the Asian banking market.
          Bernama  -  86 words
        • 55 18 Bernama KUALA LUMPUR Carlsberg Malaysia Bhd yesterday launched a non-alcoholic malt drink called Nutrimalt in Malaysia, where drunk drivers now face stiff penalties under new laws introduced earlier this month. "Although the malt non-alcoholic market is small, it is still very competitive," Carlsberg's market development manager
          Bernama  -  55 words
      • 501 18 MaufMY' prfeM Jul 12 Sh Greater China Fd 0 I.OOff Mendaki Gr Fund 1.06 109ffl Singapore Unit Trust us Gr Fund i.os 1.12 s !2 UOB Asset Mgt Ltd S pore Prog Fund 0.63 0.67 Umfund .47 54 Spore Sec Fund 0.99 1.05 Unibond 04 07 S'pore Invest Fund 1.10
        501 words
      • 167 18 Bernama PETALING JAYA Rothmans of Pall Mall (Malaysia) Bhd has not aborted its plans to merge with Rothmans International pic to establish a regional holding company for Asia. However, the company had no immediate plans for the proposal, managing director Anthony Jones told
        Bernama  -  167 words
      • 281 18  -  By Chan Siew Ling SINGAPORE Metro Holdings Ltd's 24.5 per centowned associate, Etika Cekap Sdn Bhd, has acquired full control of Citiwoo Sdn Bhd, a Malaysian property holding company, for a cash consideration of M 5116.37 million (5566.3 million). In an announcement
        281 words
      • 408 18 MBT KUALA LUMPUR Pan Pacific Asia Bhd's new controlling shareholder, Philip Ling, intends to expand the family timber business' downstream presence through his Ms3oB million (SSI7S million) reverse takeover of the stockbroking counter. Mr Ling, who is chief executive officer of the
        MBT  -  408 words
      • 143 18 SINGAPORE Sesdaq-listed ABR Holdings, which runs the Swensen restaurant chain, announced yesterday that its shares will remain suspended until its substantial shareholder has finalised the sale of his stake. ABR, or Asia-Pacific Based Restaurant-chain, said "the parties hope to finalise their negotiations very soon".
        143 words
      • 195 18 Bloomberg Business News KUALA LUMPUR Building materials company Hume Industries (Malaysia) Bhd plans to raise a maximum of US$l25 million (SSI7S million) by selling 10-year Euroconvertible bonds, the company's merchant bank said yesterday. DCB Sakura Merchant Bankers Bhd said the sale price and the coupon
        Bloomberg Business News  -  195 words
      • 233 18 Bloomberg Business News AMSTERDAM Rood Testhouse NV has agreed to create a joint venture for an electronics test centre in Malaysia with two Asian electronics firms. The Dutch electronics company said yesterday that it will own 22 per cent of the
        Bloomberg Business News  -  233 words
      • 332 18  -  From Al Labita in MANILA A LISTED Malaysian financial giant plans to set up shop in the Philippines to cash in on the country's buoyant investment climate. The plan was in a formal application that Commerce International Merchant Bankers Bhd (CIMB) has
        332 words
      • 890 18 Payment Ex Books Pay date close date Acma SO* F I2.S Jun 27 Jul 3 Jul 17 Alcorn F 5TE Jun 23 Jul 7 Jul 22 Alex Hide 50- b 6 Sep 6 Sep 12 Sep 26 Amcol 2y F 20 Aug 8 Aug 14 Aug 30 Asia Pacific I
        890 words
      • 384 19 Bloomberg Business News MANILA Cellular phone company Pilipino Telephone Corp (Piltel) yesterday rose 27.5 per cent above its offer price in its debut on the Philippine Stock Exchange. The strong showing, which coincided with a 47.97 point, or 1.6 per cent, decline
        Bloomberg Business News  -  384 words
      • 371 19 Reuter WELLINGTON Brierley Investments Ltd chairman Bob Matthew has come out strongly against the proposed takeover code, saying BlL's forays into Wilson and Horton Ltd and Carter Holt Harvey Ltd could not have taken place under it. Mr Matthew said BlL's
        Reuter  -  371 words
      • 449 19 Reuter HONGKONG The label "small cap" in the West conjures up images of dynamic companies that constantly show earnings growth of 20 per cent a year. In Hongkong, the term usually refers to the stodgy industrial and trading companies that
        Reuter  -  449 words
      • 144 19 Elec Eltek offers to buy back 30% of shares Bloomberg Business News HONGKONG Elec Btek Holdings Lid said it will buy back 30 per cent of its outstanding shares for about HKS32S million (5558.9 million) cash. In a statement published in Hongkong newspapers, the Hongkong-based electronics company said it would
        Bloomberg Business News  -  144 words
      • 57 19 Renter HANOI A Vietnamese worker painting an advertisement for American film manufacturer Kodak here on Monday. More and more American companies are setting up offices in the country and the US has climbed to eighth on Vietnam's foreign investors' list with 36 projects with a combined
        Renter  -  57 words
      • 67 19 Reuter LONDON James Capel, broking arm of HSBC Holdings pic, said it has yet to decide whether to widen its UK market-making operations. An article in Monday's Financial Times said Capel was about to bccomc a market-maker in shares of large companies in an
        Reuter  -  67 words
      • 76 19 Bloomberg Business News WELLINGTON Westpac Banking Corp said it has provided Electricity Corp with NZSSS million (SSS2 million) in project financing to build an electricity plant at Carter Holt Harvey Ltd's pulp and paper mill at Kinlcith in ccntral North Island. "This project represents a
        Bloomberg Business News  -  76 words
      • 64 19 AFP HONGKONG The missing chairman of a Hongkong electronics firm reportedly died under mysterious circumstanccs in southern China following allegations his company defaulted on a loan from a mainland bank, a newspaper said yesterday. Authorities in Shenzhen were investigating the death of So Kin-kcung, chairman
        AFP  -  64 words
      • 67 19 Reuter WASHINGTON The government of Singapore said yesterday it had reduced its stake in Scotts Co to 4.54 per cent or 848,400 common shares. In a filing with the Securities and Exchange Commission, Singapore said it sold a net 235,900 shares of Scotts
        Reuter  -  67 words
      • 450 20 Reuter MILAN Ing C Olivetti Q>'s decision to press ahead with restructuring plans has ignited rumours on the bourse that the company is set to quit the computer business, but analysts say such a move would be easier said than done.
        Reuter  -  450 words
      • 237 20 AFP LONDON Trinity International, the UK-based media group, announced Monday that it will buy most of the British regional newspaper holdings of Thomson Corporation, the Canadian travel and publishing group, for £328 million (***** million). Trinity is due to acquire newspaper centres in
        AFP  -  237 words
      • 57 20 Reuter BUCHAREST Policemen shielding a Pepsi promoter as Romanians struggled to reach her for a free can of the new Pepsi Max here on Monday. US soft-drink giant PepsiCo Inc opens a new front in the cola war against rival Coca-Cola Co by
        Reuter  -  57 words
      • 424 20 NYT BASEL Sandoz Ltd's acquisition of Genetic Therapy Inc, a small American biotechnology company, is the latest part of the big Swiss company's strategy to remake itself by concentrating on its pharmaceutical business, including biotech therapies that it believes will be the
        NYT  -  424 words
      • 291 20 AP NEW YORK A music industry veteran fired last month as head of Warner Music Group's US operations has formed a new record company in a joint venture with Warner rival MCA Inc, it was announced on Monday. Doug Morris, former
        AP  -  291 words
      • 406 20 Company was in merger talks with Roche Holding NYT SAN FRANCISCO Genentech Inc on Monday said its board had ousted G Kirk Raab as president and chief executive after the disclosure that he had sought a personal loan guarantee of US$2
        NYT  -  406 words
    • FINANCE & COMMODITIES
      • 441 21 SINGAPORE US investment bank JP Morgan plans to make its businesses in the Asia-Pacific significant bottorqline contributors by 2005. Morgan's most senior executive in this region, Peter Woicke, said the Asia-Pacific currently accounts for only a small share of group
        441 words
      • 395 21 Bloomberg Business News HONGKONG The Asian Development Bank will wait until the Korean government has made its first issue of longdated government securities before tapping the local market itself, the bank's deputy treasurer, Rip Min, said yesterday. In May,
        Bloomberg Business News  -  395 words
      • 61 21 Bloomberg Business News NEW YORK Nabisco Holdings Corp is planning to sell US$4OO million (SSS6O million) of 12-year non-callable notes this week, according to underwriter Morgan Stanley Co on Monday. Goldman Sachs Co will also underwrite the notes, which are rated 'BAA 2' by Moody's
        Bloomberg Business News  -  61 words
      • 237 21 Bloomberg Business News BEIJING China's central bank will only allow private enterprises to set up banks if they have the backing of a gov-ernment-approved organisation. Huang Weizhong, an official at the general office of the People's Bank of China, yesterday said the
        Bloomberg Business News  -  237 words
      • 99 21 Reuter FRANKFURT The Bundesbank said yesterday the German federal government had set a tender to top up the 10-year 6.875 per cent 2005 Bund by up to six billion marks (Ss6 billion). The government issued 12 billion marks of the bond in
        Reuter  -  99 words
      • 86 21 Reuter MELBOURNE Reserve Bank of Australia governor Bernie Fraser said yesterday that the Reserve Bank of New Zealand could afford to operate a laissez faire banking supervision system because Australia in effect supervised most of New Zealand's banks. 'There's one reason why the central bank
        Reuter  -  86 words
      • 327 21 Bloomberg Business News CANBERRA A government watchdog has recommended an end to discriminatory charges on low-balance bank accounts but stopped short of calling upon banks to subsidise low-in-come account holders. Yesterday's recommendation follows a five-month inquiry by the Prices and Surveillance
        Bloomberg Business News  -  327 words
      • 72 21 Bloomberg Business News TOKYO Mitsubishi Bank has sold its repackaged real estate collateral on non-performing loans to Nippon Life Insurance for 10 billion yen (Ssl6o million), Sankei newspaper reported yesterday, without citing sources. Mitsubishi securitised about 11.6 billion yen worth of repossessed properties on
        Bloomberg Business News  -  72 words
      • 425 22 Reuter AMSTERDAM Dutch banking group ABN Amro said on Monday it was launching a drive to cut costs and boost efficiency in the face of stiffening domestic competition which could lead to the loss of one in 10 head office
        Reuter  -  425 words
      • 323 22 Bernama KUALA LUMPUR Malaysia supports Indonesia's call to have the Association of TinProducing Countries (ATPC)'s quota system lifted as it considers the scheme no longer effective. Minister of Primary Industries Lim Keng Yaik said: "Like Indonesia, we will also request
        Bernama  -  323 words
      • 279 22 AFP BEIJING China's onshore crude oil output totalled 69.72 million tonnes in the first half of 1995, some 3.6 per cent higher than government targets, the China Daily reported yesterday. The volume of production was up 347,300 tonnes over the
        AFP  -  279 words
      • 261 22 Reuter NEW YORK IBCA, the European credit rating agency, has affirmed its ratings of Abbey National pic and National Provincial Building Society (N&P) following the announcement of the proposed acquisition of N&P by Abbey National. Abbey National's shortterm rating is Al-plus and N&P's is
        Reuter  -  261 words
      • 306 22 AFP BEIJING The People's Bank of China (PBOC) will make a decision soon on whether it will conduct open market operations on treasury bonds, Xinhua News Agency said yesterday. Xie Ping, deputy director of the central bank's policy research department, said
        AFP  -  306 words
      • 354 22 US$ 181 rise a reaction to Latin American supply cuts Reuter LONDON World coffee prices rebounded by US$lBl to U552,484 a tonne yesterday and stood almost 20 per cent higher than at the end of last week in reaction to new attempts by leading growers
        Reuter  -  354 words
      • 274 22 Reuter LONDON Oil prices were virtually static as plentiful supplies of crude kept the market weak and dealers held off to await US weekly stock figures due after the close of trading. Front month benchmark Brent crude futures, which hit their
        Reuter  -  274 words
      • 210 22 Reuter LONDON The dollar held above 1.40 marks after a 30 tick knee-jerk move higher on news that Russian President Boris Yeltsin had been taken to hospital after a heart problem worsened. Analysts said there is little logic to the scenario that the mark suffers because of instability
        Reuter  -  210 words
      • 87 22 AFP NEW YORK The dollar rose against most currencies here yesterday morning in response to news that Russian President Boris Yeltsin had been admitted to hospital with heart problems. At about 1400 GMT, the dollar was trading at 1.403S marks compared to 1.3950 at the close Monday and
        AFP  -  87 words
      • 84 22 AFP MANILA The Philippine government is holding talks with Malaysian and other foreign banking concerns for the establishment of a one-billion-peso (5554.5 million) jointventure Islamic bank, the Finance Department said yesterday. A law allowing the establishment of the Al-Amanah Investment Bank was
        AFP  -  84 words
      • Article, Illustration
        1260 22 Irade-teighleil index i-akukued agaiml Spore's lap 14 trading partners Base year 1985 US$/S$ forward rates Noon /Jul 11 ss BM Offer 1-month 1.3993 I 40M 2-month ***** 1.397} 3-month 1.3930 1.3943 6-month I.3S30 1.3*50 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9mm nMU: Singapore dollars to one unit of
        1,260 words
    • COMMODITIES & FUTURES
      • 1398 23 Reuter SINGAPORE Simex Euroyen and Eurodollar futures were lower at the close. Dealers said Euroyen was lower following the weak Japanese government bond (JGB) market. Sentiment was also pressured by the strong close in the Nikkei. "But volume has been thin in Simex. The
        Reuter  -  1,398 words
      • 677 23 COMMODITY REPORTS KL Tin TIN price on the KLTM rose 13 sen to M 516.20 per kg yesterday in active trading following the stronger close on the overnight LME. Dealers said the local front's uptrend was fuelled by the renewed fresh demand on
        677 words
      • 109 23 TOKYO Renewed rumours of the development of a new silver-free photographic film prompted selling of silver in an otherwise quiet Asian trade yesterday. "That was the rumour in the market, and it prompted some light selling," one dealer said. "But I first heard that
        109 words
      • 98 23 TAIPEI Cotton demand among Taiwanese mills is expected to remain light despite the recent plunge in international futures prices, traders said. Traders blamed the weak demand on depressed cotton yarn prices, which have forced many mills to increase their production of polyester yam. "Everyone is losing
        98 words
      • 52 23 HONGKONG China's summer grain harvest is expected to reach 106 million tonnes this year, up from last year's 104 million tonnes, the official Farmers' Daily reported yesterday. The sowing area under summer-harvested grain crops was 31.15 million hectares, up 233,450 ha from 1994,
        52 words
      • 59 23 HONGKONG China's rapeseed production is expected to hit a record of 900 million tonnes this year, up more than 20 per cent from the previous year, the official Farmers' Daily reported yesterday The planted acreage increased by more than 1.13 million hectares to 6.67
        59 words
    • 1389 23 SICOM Futures (tatara ctoiit m at S.3tpa) iSS I C—tract (S cents/kg) Close Volume Open Month High Low Sen (tonnes) Interest Aug 9S ***** 1300 ISSO Sep 197.30 193.00 194.30 1800 2173 Oct 193.73 191.00 191.00 30 2223 Nov 193.73 191.00 191.00 30 2223 Dec 193.73 191.00 191.00
      1,389 words
    • REGIONAL STOCK MARKETS
      • 920 24 11.6 SHARES dosed 0.5 per cent higher yesterday as arbitrage activity combined with support for resources and strength on the Nikkei to extend gains. "It's reflecting the fact that the interest rate picture is looking a bit more sanguine," a broker said. "Asian markets particularly finished stronger and our
        920 words
      • 540 24 -47.97 Share prices fell 1.62 per cent as the fall on Wall Street pulled down the local market. "It was affected by the Dow Jones," a iealer said, adding that investors' attention to the newly-listed Pilipino Telephone (Piltel) also led them to ignore other issues, further depressing the market.
        540 words
      • 477 24 +25.04 Share prices finished 0.44 per cent higher on slow trading, propelled by dectricals and banking and financial issues. "Some investors pursued eiectricals which benefited from a weaker local currency against the greenback," said a broker. The 321-issue Weighted Price Index advanced 25.04 points to 5,594.87. Turnover was 726
        477 words
      • 454 24 -1.85 Share prices edged down 0.2 per cent on profit-taking. "The index moved erratically in a tug-of-war between bargain hunting and profit taking," said a dealer. The Composite Price Index closed down 1.85 points to 959.99. Turnover was 66.18 million shares worth 1.13 trillion won. The market opened lower,
        454 words
      • 316 24 +14.54 Share prices built on Monday's 2.6 per cent gain to post another healthy improvement, easily surviving a short burst of profittaking. The NZSE-40 Capital Index ended 14.54 points higher at 2,151.32. Turnover, boosted by active trade in Fletcher F6rest, was worth a healthy NZ$63.B million. The forest
        316 words
      • 140 24 +16.40 Shares finished slightly higher on the last day of the current account in A-group stocks. Brokers said prices moved in a narrow band in a listless session but gained towards close as operators covered short positions in end-account trade. The BSE 30-share Index rose 16.40 points to 3,214.94.
        140 words
    • WORLD STOCK MARKETS
      • 703 24 +9.0 SHARE prices closed higher but with earlier gains pared by the weight of a weaker Dow. Bid speculation continued to underpin the market but expectations of further substantial nearterm gains seem to be on the wane. Dealers said misgivings about Wall Street's recent performance also lay behind the
        703 words
      • 151 24 +11.93 French shares ended higher, but ofT their session highs, on hopes that Germany will join other industrial nations in lowering its interest rates. The Bundesbank has scheduled a news conference for tomorrow. "If the Buba does nothing, the reaction qpuld be severe," said a trader, who added that
        151 words
      • 178 24 +9.76 German stocks rose, after see-sawing most of the day. While the dollar's gains helped earnings prospects of German exporters, news of Russian president Boris Yeltsin's illness led to concern about political instability in Russia. The DAX Index opened lower, reached a 10-month high and then slipped at the
        178 words
      • 211 24 +9.76 Belgian shares closed firmer after surging to new year highs, spurred by the stronSr dollar and optimism :re will soon be rate cuts. "We went on a dollar ride,* a trader said, after the Bel-20 Index hit a 1995 high of 1,480.24 in afternoon trading. It closed 9.76
        211 words
      • 148 24 +41 Italian shares held steady in a largely technical session with the index controlled by price arranging ahead of the option contracts expiry today and a number of basket trades tied to arbitrage with the Futures market. The Mibtel Index closed up 41 points at 10,166. Dealers say the
        148 words
      • 293 24 -1.86 Dutch stocks fell for the first time in seven days as Philips Electronics NV declined, ending a rally during which it surged 23 per cent. Lower bonds pressured stocks. Bunds fell on concern over the health of Russian President Boris Yeltsin and doubts that Germany would cut interest
        293 words
      • 102 24 -2.96 Swedish stocks dropped for the first time in nine days as a report that Russian President Boris Yeltsin was ill triggered a bond selloff, and Ericsson fell ahead of today's earnings report from rival Motorola Inc. The OMX Index fell 2.96 points to 1361.44. Sixteen shares fell, 10
        102 words
      • 255 24 +4.9 The firming dollar helped Swiss industrial shares achieve moderate gains in an overall quiet market. Wall Street's weak opening erased some of early gains. News that Russian president Boris Yeltsin was in hospital brought some uncertainty to the market but the effect was limited. Dealers expected a quiet
        255 words
      • 329 24 -15.1 South African shares drifted to a quiet and directionless close after a day marked by exceptionally thin volumes. "There has been no buying pressure here," a dealer said. He said the foreigners who had been significant net buyers for several weeks until last week had evaporated and turned
        329 words
      • 708 24 -11.07 Stock prices recouped part of their opening losses in active trading as the market tried to ward off profit taking amid weak bonds. The Dow Jones Industrial Average, which inched down 0.34 point on Monday, was down 11.07 to 4,691.32 at Ham EDT. It was down 22.14
        708 words
      • 803 24 Britannia Funds Starfa* C ask BM Oflcv M.n <ap Dnou IS 6400 M 6500 MnJcncyCdT. Al») 0 1 **2 Mm Mu lacaac *0*200 "0*600 USS Cask lacuac Pte Faa* 10 )400 11 1100 PS S lam r«d 5 )200 J.)J00 045*2 04* J* Far Em fmmd *2 7650 *2 *730
        803 words
    • Article, Illustration
      2720 25 Bloomberg Business News HONGKONG Stocks dropped for the first time in four days amid concern that lower interest rates will do little to bolster corporate profits. Many investors were unwilling to buy shares without evidence that earnings will grow briskly enough to justify last week's 4.6 per cent rise
      Bloomberg Business News; Source: Bridge Info  -  2,720 words
    • Article, Illustration
      599 25 CLSA IN Hongkong, the H share index gained 31 points to 1,192.92 on turnover of HKS3I million. Newlylisted North-east Electric rebounded 10.5 per cent following a 5.5 per cent drop on its debut and is currently at 5 per cent above its IPO price. The Shanghai B market rose
      CLSA  -  599 words
    • Article, Illustration
      2522 25 Bloomberg Business News TOKYO Stocks rose for a sixth day as foreign investors bid up high-tech shares on expectation that demand for memory chips would rise. A late wave of buying by UK and US-based investors sent the Nikkei up more than 300 points in the last halfhour of
      Bloomberg Business News; Source: Bridge Info  -  2,522 words
    • Article, Illustration
      1521 25 Reuter BANGKOK Profit-taking took its toll on Thai stocks in a volatile session which saw market fundamentals arrest the decline before the close. The SET Index fell 4.93 points to 1,467.11 on 14.1 billion baht turnover. Losers edged out rises 170 to 161. Eight out of the 10 most
      Reuter; Source: Bridge Info  -  1,521 words
    • Article, Illustration
      1160 25 Reuter JAKARTA Share prices ended mixed in moderate trading following profit-taking, mostly in bank and blue chip stocks. The Composite Index fell 2.98 points at 507.51. "Players, mostly locals, were seen taking profits in some bank and blue chip stocks following their modest gains last week," one broker said.
      Reuter; Source: Bridge Info  -  1,160 words
    • 2196 26 Cr U IW$ Im Vol Day I am <>m* Dh VH Nrt M Op Hi«h Low Com—my Salt (XMO) H«h l«" B«yrr Setter <>r K/t Writ MALAYSIAN STOCKS 478 1% m AISB50C TO -12 255 414 N* 398 400 J O -2 9 02 408 2 127 77.5
      2,196 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5573 26 Bloomberg Business News KUALA LUMPUR Blue-chip stocks fell and second-tier companies rose, as investors bid up shares of firms making potentially profitable acquisitions. The K.LSE Composite Index fell 8.34 points to 1,055.64. The Emas Index fell 2.27 to 299.74. The Second Board, which
        Bloomberg Business News; Source: Bridge Info  -  5,573 words
    • STOCK EXCHANGE OF SINGAPORE
      • 8766 27 MAIN BOARD Or Gr M Wt IW Latf Val Da> Lasl Quote Dl. Dt» VM Nrt Cap A»f High U» (amp.., s.k COOOI High Lo* Buvrr Viler N C\r Pit *wl Price I INDUSTRIAL AMD COMMERCIAL 498 382 ml s Aetna 50c 472 -18 MO 490 470 470 472 22.J
        8,766 words
      • 1885 28  -  By Paul Leo SINGAPORE Local stocks came under bouts of profit-tak-ing yesterday, ending seven days of advances. The Straits Times Industrials Index fell 14.17 points to 2,171.78 after surging 5 per cent over the previous seven days. All the other indices also
        Charts by Bridge Info; Source: Bloomberg  -  1,885 words
  • Page 17 Advertisements
    • 328 17 NEWS VALUE Awif San Suu Kyi urges national reconciliation talks (pg 1) No immediate impact as few listed companies have interests in Myanmar. Great Spore Sale set to take off, but retailers less upbeat (pg 2) Not likely to be eventful for retailers. IPC to dose 28 of Its 54
      328 words

  • Page 18 Advertisements
    • 144 18 COLLECTIVE SALE DISTRICT 11 RESIDENTIAL PROPERTY FOR REDEVELOPMENT OR INVESTMENT (near Novena MRT Station) Land area of 13,000 square feet approx. Freehold title Potential for residential apartments at plot ratio of 2.8 gross Building height restriction of up to 30 storeys Within 5 minutes drive to CBD and Orchard Road
      144 words
    • 200 18 MYANMAR A monthly report on how to trade, invest and make connections in Myanmar. In each carefully researched and expertly condensed information... classified by •°£ompany Monitor keeps you abreast of what foreign companies are doing. Myanmar This Month highlights the important developments of the Industry Scope summaries the trends and
      200 words

  • Page 19 Advertisements
    • 164 19 !!i!i'i'.!i3 iiib i .r■■■ mmmsm i i^t* Mobil gives you even more convenience and better control In 1988, Mobil was the first and only oil company to service station you go to in Singapore and Malaysia, offer Fleet card acceptance in Singapore and Malaysia. In If you're a fleet owner
      164 words

  • Page 20 Advertisements
    • 1177 20 REPUBLIC NEW YORK CORPORATION Parent Company of REPUBLIC NATIONAL BANK OF NEW YORK Head Office 452, Fifth Avenue, New York, NYIOOIB Singapore Branch 143, Cecil Street #01-00, GB Building, Singapore 0106 Telephone: *****77 Telex: RS ***** Fax: *****69 CONSOUDATED STATEMENTS OF CONDITION CONSOLIDATED STATEMENTS OF INCOME (In Thousands) December 31.
      1,177 words
    • 163 20 H 2 EXCITING EVENTS NOT TO BE MISSED! W?i "norSIS7 MODERN FINANQAL mure iun PLANNING AND CHANGE AND amaivcic DEVELOPMENT Role of Managers and Change Strategies for Vision 2020 Globalization Conducted by Professor Janek Ratnatunga, Chair of Business Accounting, Faculty of Business Economics, Monash University (Australia) Conducted by Dr Peter
      163 words

  • Page 21 Advertisements
    • 360 21 JTC RELEASES ANOTHER 29 STANDARD FACTORY UNITS I IDCAL rot OINItAL INDUSTRIES I Detached Factory Type C 8 1899 sq m 4 units I Ready by 4th Qtr. '95 I CAll WILLIAM TAY ON 568-8884 I IDEAL FOB OINKRAL INDUSTRICS I Detached Factory Type D 8 2791 »q m 4
      360 words

  • Page 22 Advertisements
    • 96 22 FOR SALE BY TENDER Prime Industrial Development Site Strategically located at the junction of YjfX Burn Road and Shaw Road (Off Upper Pay a Lebar Rd Macpherson Rd) site L/ Excellent double road frontage C Land Area:1,793,8 m (19,308 fta s^/\\—- Tenure: Freehold Plot Ratio: 2.5 J J Master Plan
      96 words
    • 25 22 For further Information on which newsstands cany Har World, Go. Singapore Business, Homa Dacor, Young Par ants, please call our Customer Services Section on 1800-749-2577.
      25 words

  • Page 23 Advertisements
    • 139 23 With a worldwide team of 125 multi-disciplined I professionals and a network of international offices, I OCRA provides confidential and cost effective company I formation in all the major low tax areas including: I I •BRITISH VIRGIN ISLANDS -CAYMAN ISLAND M 'IRELAND 'MAURITIUS JERSEY "SEYCHELLES 'WESTERN SAMOA 'BAHAMAS I Full
      139 words
    • 20 23 As and when the latest London/ Rotterdam prices are not available, the prerions trading day's closing figures are carried instead.
      20 words

  • Page 24 Advertisements



  • Page 27 Advertisements
    • 65 27 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, you can prosper through a wide range of investments. Local and Foreign C urrency lime Deposits, Unfixed lime Deposits, foreign Currencies, Unit Trusts and more. Just call our 24-Hour CitiPhone Banking toll-free on (1N00) 225-5225 tor your share
      65 words

  • Page 28 Advertisements
    • 164 28 I Bwa Umw lISmJ J vww your MiM/cn )Bodv Soul 11 a y JIB m MMilt Ia? 1m mI m J i m At the Spa at Shangri-la's Rasa Sentosa Resort, revitalise and I \M re-energize yourself in total comfort and luxury. Pamper yourself with a i 1 t whole
      164 words
    • 335 28 BUSI N E S TOLL-FREE TEL. No. 1-BQO-741-IBS3 FAX:74t-1298 MAYFRAN INTERNATIONAL LTD Invitation m reepect of 10,000,000 Now Sheres of 10.15 each M foMowe:(a) 7,500,000 Sheree at 50.40 for eech Share by way of p«*Mc offer, and (b) 2,500,000 Sharaa at $0.40 for aach Shara by way of placamant, payabla
      335 words
    • 461 28 Singapore Closing Share Prices 11/07/1995 CLOSE PRCV LOW HMH am. uss uss uss uss JSSm Jardlna Matheaon 7.25 7.48 7.28 7.50 PEfifll Jardlne Strategic 3.38 3.32 3.32 3.3S LWJ lOXry Farm 0.888 0.52 O.SSS O.S2S SBSS Hongkong Land 1.83 I.SS 1.82 1.88 UUiIULU Mandarin Oriental 1.08 1.10 1.08 1.08 Jardine
      461 words

  • Shipping Times
    • 542 29 Knight-Ridder, Reuter THE dry cargo freight market is lacking in direction but it has seen an end to the daily decline in the Baltic Freight Index which started two weeks ago. The index gained two points to 1,939. PANAMAXES: Atlantic rates for Panamaxes are starting to climb, according
      Knight-Ridder,; Reuter  -  542 words
    • 326 29 SES 500 Jul 11 S$ Vol CWT Distribution 1.63 -0.05 96 Chuan Hup Holdings 1.21 -0.05 128 Cosco Investment 1.73 -0.02 187 Cosco Investment A 1.74 Far East Levingston 6.95 -0.05 375 GB Holdings Ltd 0.81 +0.055 156 Hai Sun Hup Group 0.91 -0.03 960 Hitachi Zosen Sing
      326 words
    • 442 29  -  IMB's regional centre gets 58 reports of pirate attacks from Jan-May By Rahita Elias SINGAPORE Piracy in Asia is on the rise and Indonesia has become the hot spot for such incidents over the first five months of
      442 words
    • 224 29 AFP KUALA LUMPUR A Libe-rian-registered vessel heading for Thailand last week foiled a piracy attempt in the South China Sea off Vietnam, the International Maritime Bureau (1MB) said on Monday, amid a report of rising piracy attacks worldwide. The German-built 10,544tonne Ora Bhum
      AFP  -  224 words
    • 295 29 Reuter SYDNEY A big ore carrier has run aground on a reef in southern Australian waters, spilling fuel oil and threatening to break up in heavy seas in a major pollution scare for the small island state of Tasmania. The 37,500-tonne Iron Baron,
      Reuter  -  295 words
    • 116 29 Bloomberg Business News TIENJIN China has drafted a proposal that wilt allow at least six ports to be open to conduct direct cross-strait shipping and trade with Taiwan, the Commercial Times reported. This is in response to a proposal earlier this year
      Bloomberg Business News  -  116 words
    • 362 29 BANGKOK Thoresen Thai Agencies will use its 10 newly acquired cargo vessels, each with a loading of about 20,000 deadweight tonnes, in tramp service with no fixed routes. "This particular type of service is expected to raise the company's
      362 words
    • 263 29 UPI MEXICO CITY Several international shipping firms were among the winning bidders for private seaport administration concessions at Mexico's largest ports, the communications and transport ministry said. Successful bids were received for integrated port administrations at the Veracruz, Altamira and
      UPI  -  263 words
    • 221 29 Reuter SINGAPORE The owner of two vessels seized by the Chinese this year has been unable to collect insurance on the first cargo because of a Chinese allegation of smuggling, according to a source close to his company. The second vessel seized, the freighter Hye Mieko,
      Reuter  -  221 words
    • 1168 30  -  Many oil companies subject vessels offered for hire to intense clearance procedures before entering into charter to move their cargoes, Joe Evangelista reports Joe Evangelista IT IS practically axiomatic that today tankers are not news unless it is bad news their safe operation is mundane
      1,168 words
    • 502 30 P«8e ABC Coot 16 •ANL 3 •APL 12 Abie 7 Accord 8 •Ahlers 6 •Ahrcnkiei 4 Antaco 13 •Appcnship 4 Arowana IS Astro 8 Austral 9 Avant 6 B'tang Mas 12 BSA 9 BTL 16 Bangladesh 12 Batamindo 7 Bengal Br IS •Blue
      502 words
    • 10603 38 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the hIA at the destination. The page number refers to the location of the schedule advertisement. ETA ETA Mvwttttf Vessel Voyage P| ET SI Oeeta Ka«e torn Me. M»-
      10,603 words
    • SHIPS IN PORT
      • 561 47 Jm* Voy Wo Berth Arrival Pepartat 07/02/95 J1 atongside 12.07/2300 <atto Excel 7/95-02 J12 atongstoe 1207/1500 Own Foctuna 04/95 J1 atongstoe 12.07/1900 iWy 07/03/95 J12 akxigsde 12.07/1300 «a Guar Ha 1 114/15 alongside 12.07/0800 >utn Mefcar/B 9504/TEN J13 atongabe 12.07/0300 4urya Sakb *****5 J12 atongside 12.07/2300 Juryati
        561 words
      • 1357 47 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO Record Bookkig/Baianct ItsKs Ship Voy No Etb/Btr Pwkd From To From Aa Clover 0028 14/1500 2A 11/1700 12/0659 12/0900 2B 11/1700 12/0659 12/0900 3 12/0700 12/1159 12/1400 4 12/1200 12/1459 12/1700 Aa lade 2468 14/1100 3 12/0700 12/1159 12/1400 4
        1,357 words
      • 871 47 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        871 words
    • AIR & LAND TRANSPORT NEWS
      • 472 48  -  PECC conference on air transport in Asia-Pacific By Alec Almazan SINGAPORE The need for more liberal air services in the Asia-Pacific will be emphasised in the Pacific Economic Cooperation Council's (PECC) recommendations to the Asia-Pacific Economic Cooperation (Apec) forum. An
        472 words
      • 50 48 Reuter ROQUEMAURE, France The wrecked Spanish tourist bus which crashed on a motorway in southern France early on Monday killing 22 and injuring about 20 others. It was carrying mainly Spanish, Belgian and Dutch youths. The driver reportedly fell asleep at the wheel. Reuter
        Reuter  -  50 words
      • 220 48 AP MANILA The transportation secretary of the Philippines said yesterday that the US was trying to impose its own civil aviation standards on countries that already follow international regulations. Secretary Jesus Garcia said the Americans are "using their economic power" and poor countries like the
        AP  -  220 words
      • 218 48 AP HONGKONG China will bar Taiwanese airliners from landing in Hongkong after 1997 if they display Taiwan's flag, a Chinese official was quoted yesterday as saying. But a Taiwanese airline official said the company was flexible and would remove the
        AP  -  218 words
      • 407 48  -  From Florence Chong in SYDNEY DHL World Express is planning to acquire up to 12 aircraft to provide dedicated freight services to keep up with the growth of business in the Asia-Pacific region. Charles Longley, DHL's chief executive for Asia-Pacif-ic, told
        407 words
      • 66 48 AFP BANGKOK Thai Airways International has dropped United Airlines from a proposed three-carrier alliance due to Thai-US differences over a bilateral aviation agreement, The Nation reported on Monday. The report said Washington wanted to boost flights and seats for other US carriers into Thailand because
        AFP  -  66 words
      • 67 48 Reuter NEW YORK United Parcel Service of America Inc has been awarded a US$l billion (SSI.4 billion) contract from J C Penney Co, the Wall Street Journal reported. The five-year deal covers shipping of nearly all the retailer's small-package goods. The contract includes goods shipped to
        Reuter  -  67 words
      • 97 48 Reuter FRANKFURT German car company Adam Opel AG said it had no evidence that board members or supervisory board members had made illegal gains in contacts with Opel suppliers. The statement followed unconfirmed weekend magazine reports which alleged that two supervisory board members
        Reuter  -  97 words
      • 77 48 Reuter MOSCOW Russian state carrier Aeroflot will make more use of Russian-made planes on its international routes, technical director Gennady Anikayev said. "We will use Ilyushin-96-300 wide-body jets on the most profitable international routes," he told a news conference. Aeroflot is using these aircraft
        Reuter  -  77 words
      • 105 48 Reuter CHICAGO A flight attendant's life was saved when passengers grabbed her after the door of a commuter plane fell off shortly after takeoff on Sunday, a passenger on the American Eagle flight said. Megan Vargas, 20, an attendant on Flight 127 from Chicago
        Reuter  -  105 words
      • 193 48 AFP BEIJING China will inject more than 100 billion yuan (SS 16.5 billion) to support car manufacturers, as car sales reportedly rose after last year's poor performance, Xinhua reported on Monday. Eight manufacturers were to receive extra funds aimed at
        AFP  -  193 words
      • 1505 48 AIRCRAFT ARRIVALS DEPARTURES c«i nm na mm n» Afca DkaW OK 156 1735 GA984 0310 SQ442 2000 bust aoao SQ227 2030 Amm RJI82 1*40 RJ183 222S taMl KL83I 0925 KL832 2300 GA893 0955 SQ328 2355 "P" N2021 1820 NZ022 1940 SQ288 2050 SQ285 2045 B Sari Ii|.l 0M19 0900 SQI82
        1,505 words
  • Page 29 Advertisements

  • Page 30 Advertisements
    • 1325 30 Hi I OTWgff DBSTINATIONS I I NOttTH AMtntCA 1 MHECTCAU. TO WCTT COAST BCX) HWXWOTAIPMCC COAST! I ■mm «OI|M i»«| ulmna m m m m «*•«■> w» Hmmmmmmllil 3* JHJJHLJB.J. as 5M*****8:185 ISS Issrsslssl SSS g 25 g jg 3S SS ruMMi huok I*>W 17/ V 11/MI4/B I*/M 17/ M
      1,325 words
    • 181 30 Lines and services represented by/£&sro\ Members of the Registry of Accredited [|S@®} Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089 jmmaipjiiiipiii WORLD AJAX 18/07 21/07 RdnVAtmAJK/Nanlaa EUROSTAR 18/07 RdrrVAtwAJK/Nantes •Lo«l»E7W.Mdaj*a.todonMii J I Lotting tor 1 GTS SUNRISE HodefcMVJedctah/Aqaba V SAMM FRONTIER Oub*raanwronfl<uwa(t/BahnNrVDoha I* *Loads
      181 words

  • Page 31 Advertisements
    • 989 31 WHOLESALE CENTRE, BLOCK 1. #03-10 SINGAPORE 0611 TILi *****88 (12 LINKS) FAX: *****16/*****28 TLX] *****120/***** F66HIP L vessel voy sum sain dctwtkm SUN RAY M 17/07 11/W NAJU/NUBNAIIG NEEHAII l/K )W W rONIUNAK/SINHTf SON ROW W 11/07 If/V WBOIUI/IADAN6 GULfSUUM VK MKMT IVV JAMItt/MMG SUN ROKA 1/15 11/07 19/ V
      989 words
    • 1319 31 EXPORT TO: TO: JEDDAH/UK/CONTINENT I VESSEL VOY SM I'DAM VMM R'HAVEN STOW LEH ALSO ACCEPTING CARGO FOR: ELBE 3275 10/07 20/07 03/0R 02/01 30/07 01/08 GIASGLOW, GRANGEMOUTH RHINE 1275 14/07 03/08 01/ OS 30/07 05/04 aiji\ (AIITIKUKIM LA SEINE 3215 17/07 27/07 10/01 06/0R 04/01 07/01 [BUNGA PEIANGI 1215 21/07
      1,319 words
    • 829 31 (g) HANJIN SHIPPING I—y. If-, fg!? 11 8 I I m I ftl I *—wa WT I m inwvpa W W Iff UTS wwiwra wu-uziL-Mfl _MZM_ jszil jizjL. nfi i4/y uaLjmaaL miuw howmwb n/v pwo JIZM_ ILM_ _UZa_ S^mZZmnSngESZIiZILSZafiSLJ VAg. I;/M U/M_ iyoi aSSSS. iff lldL IMB. MflL MBW n*
      829 words

  • Page 32 Advertisements
    • 1215 32 <raa WY agjwg JHXMH am- agMgw mtw6 KHTHBUM mwer itmw Ml 112 -5. M 24 M 14 IttOHßnffi ZIZ2ZZ Li 2 li 2 M U U 30. 41 lfl_ awmnowKS jVj» Wi V» 7/1 W mm ii/W wi m m in in rq nh m > msm n/m afl im
      1,215 words
    • 926 32 I NORASIA] INTRODUCING OUR UPGRADED MIDWEEK AME 10 SERVICE wrm SHORTER TRANSTT TIME: HAMBURG 22 DAYS ROTTERDAM 23 DAYS ANTWERP 25 DAYS FELIXSTOWE 24 DAYS LE HAVRE 26 DAYS FOR MORE DETAILS, PLEASE CONTACT: DORIS NGE PAGER *****08 CALVIN WONG *****46 WILSON SUM *****88 TAN SEOW CHUAN TELEPHONE *****83 BMMMUBB
      926 words
    • 629 32 JAPAN/MONGKONG/STRAJTS REGULAR SERVICE LOADING FOR PORT KLANG/PENANG VESSa VOT STORE P.CUOMW HB fBI anbj aujance s slo mrr kallbi a MPT hs um» a mm POMPOM 18 JUL 17 JUL RAMONABOITg 1 17 JUL 1» JUL ■Mg I M JUL a JUL aJIIL I SUNHWHT M JUL a JUL HUB
      629 words

  • Page 33 Advertisements
    • 1261 33 H STRAITS SHIPPING PTE LTD 10 Mm Chiang Roatf *11-01 Keppel Towers Singapore 0200 Tel: *****00 Fax: *****17 I Jnew quinia pacific line (A SERVICE OF CHINA CO) t CARGO DUE SAILS t^ZbT V g C J MA6AM-32 V9606E Mmot 15 »17 Jul 18 Jul UAH w_i LH I IHIUNW
      1,261 words
    • 2319 33 P&O Containers (Singapore Agencies) Pte Ltd BBwfc J 0 Hoe Chiang Road, #07-01 Keppel Towers, Singapore 0208 ■■■k First Class Connections WORLDWIDE ths 225 2233. Teie*: rs ***** pnocsp Fax: 225 5327/222 7517 W v CR Number *****9 *****/ EXPORT IMPORT j VtaaCL VOY *PMQ -RKa MM SOU ANT ROT
      2,319 words
    • 515 33 ovtmouoop na w joh m mb wo w b whiwioi wmw MAN HA1223 MOM 07*7 OMT OM7 10-11*7 Wl W7 1l»7 817 W M> 27«7 «*t MANHAI2II MOM BIT 10*7 12,17 13-14*7 11*7 10*7 21*7 23*7 20*7 27*7 2M7 27M mm hai 2a mm 12*7 13*7 WW m-it*t 22*7 23*7
      515 words

  • Page 34 Advertisements
    • 1255 34 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA __HP_ HHHpH 1 ROM HBG THf ANW LHV LHV ANW THP HOG ROM PKL SGP «E. GENERAL RW-042 16/7 64 74 14 74 E. GIFTED RE-MO 1M 1U 1M 2U 1M W •E. ROUNO RW-HI tin 114 134 154 124 16/1 E. GENIUS REMO 204 304 274 1/7 WWW
      1,255 words
    • 802 34 PERSIAN GULF SERVICE vena wrr sgp out asu dsn mn kwt mb un concert mmitw 17*7 tiki nm nm mm mm m*7 UNI CONCORO 0357 Q77W 77<|7 OUT 0'« *W IKW M» jw corow jjm arm m« ivn 14M IMB iMi mm ISM UN OMMMRO SMMUW IMI 24M 29M TIM
      802 words
    • 519 34 RICHFIELD MAMNE AQBICCS m PTE LTD UTEL *****33 (12 UNEB) FAX: *****18/*****03 m TELEX: RS ***** RISMP P UnM) CRNO: **********0E ETWOfUJUWPfMUWES ACCEPTING FCL AND CONVENTIONAL Vmml iTA I Loadtogfor AtotoayWora 44W8 21/07 Atoyot 41WB OSAW M P^v mmmmm&frFULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH FCI/LCL ALSO ISO/SOC EXPORT TO.
      519 words

  • Page 35 Advertisements
    • 2263 35 SAILING TO SOUTH AFWCA EAST COAST SOUTH AMERICA lluuvil Sftril Allan Til (Sttiril): ttllMt Afo9€f Ooot. rntTAR SHIPPING PTF I TD f»i. fßtftrtl): ttHHI (NWNnMWMN Cuttttwlw-M. WHM Oitrttlti Cnm/ih *m7lt 7../-. W..7//1. TiIim:MUI COSHIF C-n»tis*Ml: instil 0/0: *ttl7tt {mwHii) «M7W CUM 117l7n$—tK fix I lit fit ftNMMI In DmirUTU [flfmft
      2,263 words
    • 662 35 jg FAMOUS CONTAINER UNESI j 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 gr HOT UNE: *****33 (30 UNES) GOTHENBURG/SCAN 17/07 ROTTERDAM 17/07 AARHUS/COPENHAGEN 17/07 HAMBURG/BREMEN 14/07 MARSEILLE/FRANCE 23/07 FELIXSTOWE/UK 17/07 BARCELONA/SPAIN 19/07 LEHAVRE/FRANCE 14/07 GENOA/ITALY 16/07 ANTWERP/BELGIUM 14/07 LOS AHGELES/WC/IPI 14/07 SYDNEY/MELBOURNE 15/07 NEW YORK/EC 14/07 FREMANTLE/ADELAIDE 14/07 VANCOUVER 14/07 BRISBANE
      662 words

  • Page 36 Advertisements
    • 1069 36 BlnTHTßsyiBHliMiaaPß^^^Pl VESSEL VOY SIN JKT VESSEL VOY SM PEN f VIRABHUM Thu 13/7 Mon I 11/7 "UNOA SEROJA 5097 St 18/7 Sun I*7 M H |VE»«'- VOY SIN BKii WANA BHUM 263S ivT "wid" lyT BONOA SEROJA 90M Sat 15/7_ Sun 18/7 M MAHA BHUM' 235N Wad In PIT St
      1,069 words
    • 821 36 79 ANSON ROAD, 921-01, SINGAPORE 0207 TEL: *****02 FAX: *****67 OR f **********0N «TIWIT» WWTTU MWVICB PORT KLAHQ PENANQ j_ vessel voy m wo. I voy «w rei SEA LAUREL 404N 13/07 THU 1407 FRI LHOTSE 5039 1207 WED 1407 FRI EAGLE MOON 092 A 13/07 THU ISO7SAT XOURJAYA MS
      821 words

  • Page 37 Advertisements
    • 758 37 I BSA jHlf J MYANMA P L-IBHBk FIVE STAR LINE L. (Myanmar National Line) I w Loading for Yangon (Rangoon) I Sport PHI# PEE PGOg I MYOMAYWA VIMW 15/07 I 1 RATHE IN VI33W 20/07 L MALAYSIA A6ENTS: BOUSTEAO SHIPPING AGENCIES r *Ul: TEL 12-<3-*****40 PKL: TEL 02-03-*****01 I 1
      758 words
    • 859 37 saaaftll pacific international unes <pte) ltd l 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CR NQ **********06 I Hill VOY SM COM JM HOO JBD AOJ AOS MUK PSU BMW ASA KOTABSRUAM BRUM 18/7 U/7 80/7 1/S B/S B/S S/B 10/8 IS/S 14/S 18/B I KOTA MAJU
      859 words
    • 810 37 CR NO: *****6****** VESSELS VOY "»T" LE HAVRE HAMBURG THAMES RQTTB<OO<<I ANTVKCTP V*LED€CAPELLA TOW 17/07 06MB ICVO6 12/06 13/08 14/08 VJ-E 06 ÜBRA UOW 2S/07 16/08 17AM IftW 2VW VLLEDE NORMA MOW 01/00 22/06 24/06 26/06 27/06 28/06 VLLE 06 CARINA CIOW 08/ OB 29/08 31*5 02*8 0M» 0M» ALSO
      810 words


  • Page 39 Advertisements
    • 57 39 I/C VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 OCEAWIA PORTS REGULAR GRDUPAGE LCL CONSOLIDATION AUCKLAMD SYDNEY IMPORT St EXPORT BRISBANE T MELBOURNE FREMANTLE SERVICES 1 FOR BOOKING ft SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800-*****66
      57 words

  • Page 40 Advertisements
    • 1965 40 44 AS AGENTS: "K" UNE (SMQAPORE) Fl* LTD (CRNO; 12*«73MMM«TREG NO: DD-MI7MM) TEL *****77 TELEX KAWAKIRS23I6S FAX *****1^7/8* W V WT* MALAYSIA: k m une mamtme (Malaysia) ton am I M TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****256 1 MOONEStA: P.T. SARANA LAUT MTOMUtA,TEL JKT *****08
      1,965 words
    • 1362 40 AMERICAN PRESIDENT LINES, LTD. 1> KEPPB. ROAO *02-01 JtT POH BUIOMO SMWOBE 0208IWIUNE 225-6866 CUSTOMER SEBVCE 225-1225 FAX 221-488 £AOL£ VOCE gtMW CTS g7OMS»~ TO MOUTH AMmiA&CAHADA —WKLY I IHIIi—IIWIW) jjHW I"* I?. BE l" |f^ wr>at I «A pw I w I o« p*i HQB I «1 I wt
      1,362 words

  • Page 41 Advertisements
    • 637 41 a mmrt-mm swsumy of ml j Official Agent off: CMhKHoP (SIA AIRFREIGHT) INTERNATIONALE SPCOmON MAINLINE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETD ETD COLOMBO 17/07 17/07 CHITTAOONa 14/07 21/07 CALCUTTA 18/07 10/07 BOMBAY/NEW OBLHI 17/07 25/07 KARACHI 17/07 24/07 MADRAS 14/07 10/07 USA/EUROPE ■TO BTD IMA (ALL MLANO POINT}
      637 words
    • 1929 41 EXTRA SAILING TO WEST AFRICA I NecMoyd Lines Nil MAURITIUS/5412 eta Spore 26/7/95 I CR **********0N Ij Pan (F) P®a (P) Sin Pfcg tad in M Ma Nr* ma M Ham Sou Brv(l) Rtm(2) LaR Pk* Shi N I RHINE /1275 12/7 12/7 14/7 12/7 (F) 3/8 5/8 30/7 1/8
      1,929 words
    • 366 41 W SUNSHIP AGENCIES PTE LTD j 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****06 CR No.: *****8 200 00R Y.S.N. VESSEL VOY HONGKONG T SMWATORE I PCLAIIC PEMAM6 teinn ii su> slo mronr z rww M 175 ttJ) 13-14/7 IHlff IHWt II IHI/7 79-71/7
      366 words

  • Page 42 Advertisements
    • 1446 42 mamsmsm U.S.A. CANADA 3 TIMES A WEEK MAERSK YOKOHAMA V.9512 ETA SIN 17TH JULY 1995 METTE MAERSK V.9506 ETA SIN 18TH JULY 1995 MAERSK LONG REACH V.9506 ETA SIN 19TH JULY 1995 Vmml Vby ETA I ETO T I DESTINATIONS VSW7 I oSoOHRS ATI BAL CHS CLZ LOB MB) MIA
      1,446 words
    • 633 42 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPOfIE I PXELANG* HALIFAX N.YORK NORFOLK N. ORLEANS SAVANNAH TAMPICO HOUSTON HOEGHIMRANOA 0730 20/27 JUL 120 JUL 0 SEP 12 SEP 13 SEP 21 SEP 7 OCT 25 SEP 30 SEP HOEGH DENE 0330 18/19 AUG 112 AUQ 30 SEP 2OCT
      633 words
    • 483 42 XPHILI-Oni€NT LINCS PT( LTP j TEL: *****00 (16 UNES) A Z R. If HQ 03-*****96 "S®' J 20 JULY I J AUCKLAND, WELUNGTON, LYTTLETON, 17 JULY I NAPgR, CHRBTCHURCH. NEW PLYMOUTH LONDON, FELIXSTOWE, LE HAVRE, 17 JULY I ROTTERDAM, HAMBURG, ANTWERP I AND ALL MLAND DESTMATIONS WTTHM EUROPE 17 JULY
      483 words

  • Page 43 Advertisements
    • 781 43 m mm a m a Trans-Link Express Ptc Ltd HI lr A MLM Singapore H I I II FIRST FORWARDER IN mM ASIA AWARDED ISO 9002 BY LRQA Twke weekly consofidotion on fist transit time vessels 1 Call SANISA: 2771 058 I for bookings lbbJl Tel: Fax: wternahonal sca freight
      781 words
    • 1070 43 t EEIIBSHHHHHHVPI ISMSEESSHHHIHHPHHHPI 1 IMiIMI I LH IHH HTM WW IUUL JB, tn* MM fVUM PW HQ HO MB MBL _E3L_ J M BJI STf It (7 11.17 ■.(7* t»U 11.(7 M.M BM 8.8 1# WEL Qtt »tT Itn 14.17 17J7 IMT Bn WKM 11* 14.(7 HIT 11.(7* (IN (M(
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    • 401 43 'JOINTLY OPERATED IY ATLAS LINE, CHITTAGONG KMTC LINE, SEOUL J mm (ATLAS SHIPPING LINES LTD) (KOREA MARINE TRANSPORT CO. LTD) IP"* mi mr -mmf nun coiviimoiut nsBui urn* scivtcc j Vowel V«t Sh (totaling «W > mmm m mm/n w/v/n wv/n J huamtw »< vm/n ivwk \im/n I m tot
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  • Page 44 Advertisements
    • 360 44 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: 100S*****00N BOMBAY/COCHIN van. voy coc KOTA MUTIAIU MUTO3I IVO7 23A37 MA OLOMV OUW47 IVO7 28/07 SU3AK 200 22/07 **07 MEKHAWIK KUWAKO MKO7N M/ 07 06AW 11/ OS HOCHIMINH/HAIPHONG vtsacL wr sin hc»* mph P4ONER KIRO) 045V96 2007 2S/07 MONO! KWQi 068V98 01AM
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    • 113 44 IMill SIM FAR EAST 18/7 KEELUNG/KAOHSIUNG 16/7 BANGKOK 16/7 MANILA/CEBU 16/7 JAKARTA/BE LAWAN/SURABAYA 16/7 PORT KELANG/PENANG/E. MALAYSIA 16/7 BUSAN 16/7 TOKYO/YOKO/KOBE/NGO/OSA 16/7 HONG KONG SIM CHINA 16/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU D ALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EURQPE/UK 16/7 LDN/FLX/LVP/SOU 16/7 RDM/HAM/ANT/lEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIM USA/CANADA
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    • 518 44 STAR SHIPPING AGENCIES (S) PTE LTD I AQgMTSPOffc ZIM CONTAINER SttVKl GOLD STAR UNE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (8 UNES) FAX: *****70 U *****12 (MARKfTWG) (CR NO. **********(H) N. AMERKA/CARIItIAN SERVKES ytssa »OT Ml BAHWM IM CT IMt NYt W ZMGfNOVA |J H 17/7 "BUMS 4W IF/1 M/l
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    • 391 44 SIN MAASIN| TIGER BAY 347N 13-155)7 19-235)7 27-295)7 I TIGER CAPE 348N 17 185)7 23-285)7 31-015)8 I TIGER ISLAND 349N 20-225)7 26-3007 03-05/06 I TIGER BRIDGE 3SON 24 255)7 30-02/06 07-0806 I TIGER BAY 3SIN 27 2SAJ7 02-06*06 10-125)6 I TIGER CAPE 362N 31-01/06 06-09*06 14 155)6 I IB VESSEL
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    • 223 44 m m mm m «to mm im C VEMUKM* turn M 0» ITm MET I miwenpeh w vm nm mm mm nm nm 1 EufwHuowm im»" ~nm~ am vm »vw I MUSSEL )U MI «/i« w/n iyi» ivti ~1 W I '*m Auckland m BfT mm an w. mm. c.
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  • Page 45 Advertisements
    • 307 45 S> FOUR TMESWEEK SJUUNGS: P. GUOANG/SPORE Ji, ETA ETA a VESSEL VOV PASSt QUOANO VOY ■NBRPORB KUALA BMKV ***** 12/07 NMCD) 41 lON IVO7(THU| KUALA SUKV ***** 14/071FR8 4111N 14/07 (FR| KUALA 3IAKV 4112S 18/07 (SAT) 4112N 18/07 (SUN) KUALA StAK V ***** 17/07 I MOM 4113N 18/07 (TUE) KUALA
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    • 412 45 FULL CONTAINER SERVICE FROM SM TO MADRAS VESSEL/VOY ETASM ETA MAA KOTA RAKYAT V.RKYOSS 12-1107 17-ISW7 TIOER SAY VJ47N 13-15*17 IS-SMT7 KOTA JADE V JADO7S 14-IM7 IS-3007 PRAVUNBK V 22 15-14W7 20-2147 SEA DRAGON V.DRGOS3 IS-17AT7 21 22AJ7 TWER CAPE V-34SN 17-ISW7 23-2V87 PESTOVO V.l» 0-24/07 2S-2807 TIGER BRDOE V
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    • 698 45 sex ~CAIffORMAMBKURY7I 'etasgp 19/07/95 I fe II AMMNG LOS ANGCLES 05/06/9S Ml 6 DATS ffijwllfc I aex: Jf HAKONI MARU 221' eta sgp 19/07/95 I II ARRMNG NEW TOEK 12/OS/9S M 23 DATS f E 1 wa vor hn cot oak van I sit ah. cco I hou mm| hp
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  • Page 46 Advertisements
    • 835 46 AFGHANISTAN MAM Afghanistan Ltd., ■LJH OS ■kJH Hairatan, Torghundi, Islamqala (Doqharun) mWmmMWm C.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku. Dushanbe, I mm Irkutsk. Khabarovsk, Krasnoyarsk, Korsakov, Moscow, Novosobirsk, Sochi, Tashkent, Tbilisi. Vladivostok, Vostochny orWar Mongolia: Ulaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA AfttCA, SANTIAGO, TALCAHUAMO,
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    • 532 46 Ba|il| an, GD|tTA|NE ||y NE8 |Nil SSH AfMIK MAC HELB SFORI: ffOMttg (24 LKI) KucHNQ(o»}4M4|ii!|J HV'/V- i tmumqnm mamla<m}«l2«Ml PtNA*a:<o4>«l4«B BANGKOK (Bt2) ZM46S7 SURABAYA: (SI) 291 MO I ASIA HKG/TWN/BKK GENOA/EUROPE I www sSUN www' 18/7 19/7 20/7 HKG/BKK/KEE/KHH 91/7 99/7 90/7 uif r /Birif urcc jvuu Lda^ix/ntm/Am/Ham,len -iiii Ganoa/Barcelona/Wlaraemes
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    • 315 46 STRAITS/JAPAN/STRAITS SERVICE MULTI-PURPOSE A RORO CARRIER SPECIALIZE IN HEAVY UFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 80 TONS I Ett I Elft I UMBMBKM msa voy sm pi ifIMAROSA riiT7~ IHSHUN 43 19/7 14/7 MIMA It A lANM 25/7, JAPAN COSAUC OtAUBKB 44 14/7 SAVQ SUMftY 1 17/7 ANDMAAMUmA
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  • Page 47 Miscellaneous
    • 132 47 REGIONAL WEATHER I > L£G£NO: R Thunderstorm •<, X\ 1 ower Weather Wind direct ton with speed in knots ee Rain w Cloudy Sky Wove h^ht Svffoc# wvids Of# Nidicotfd by Offowi wtiicfi Hy wilK Hi# wind One Kjl circle represents catm or light ond vonoble winds One hott Heche
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  • Page 48 Advertisements
    • 35 48 LOOK OUT! FOR iiY SECOND FREIGHTER TO CALCUTTA DELHI EVERT WEDNESDAY AT 1135 HOURS JL NAME FOR CRANES LIEBHERR SINGAPORE PTE LTD, 8 PANDAN AVENUE M SINGAPORE 8260 Telephone 865 8305, Fax 861 6485 ■HHUM
      35 words