The Business Times, 14 July 1995

Total Pages: 44
1 44 The Business Times
  • 12 1 BUSINESS TIMES WE KXOW ASIA MITA(P) 194/12/94 Friday July 14 1995 85*
    12 words
  • 2am LATEST
    • 68 1 Reuter NEW YORK Stock prices were mixed yesterday as investors digested Wednesday's leap into record territory and focused their attention on corporate earnings. At 2pm EDT, the Dow Jones Industrial Average was off 8.96 points at 4,718.33. In the broader market at 1 pm EDT, declining
      Reuter  -  68 words
  • 169 1 Stock market indices Thursday Change STII 2,179.79 +3.39 KLSEComp 1,073.31 +6.85 Nikkei 16,505.67 -100.07 Hang Seng 9,746.07 +106.45 SET Index 1,456.31 -10.80 Jakarta Comp 509.54 +2.31 Manila Comp 2,900.78 -13.6 Taipei WPI 5,593 -31.69 Seoul Comp 977.29 +15.07 Bombay BSE30 .3,287.53 +34.08 CLSA China B 787.36 +1.62 Aust
    169 words
  • 540 1  -  Court order gives foreign firms more confidence in copyright enforcement By Conrad Raj SINGAPORE Soothing it must be to multinationals facing trademark and copyright problems in India. An Indian court has granted Singapore's Haw Par Brothers International an interim injunction
    540 words
  • 454 1  -  From Anthony Rowley in TOKYO THE Bank of Japan (BOJ) has recognised the fact that the dramatic fall in Japanese land and stock prices since the collapse of the bubble economy has gone too far, and is expected to direct monetary policy towards
    454 words
  • 141 1 AFP MANILA Philippine President Fidel Ramos yesterday ordered a phase-out on the deployment of Filipina domestic helpers and bar girls abroad, endorsing a presidential commission's report which said they suffered from abuse and job-related risks. The fact-finding commission, formed by Mr Ramos after
    AFP  -  141 words
  • 459 1  -  By Shahiron Sahari SINGAPORE Race-horses of even higher quality than last year's debut batch will be auctioned at the second "Magic Millions Sale" at the Singapore Turf Club this afternoon. Organised by Australian company Magic Millions Bloodstock, today's auction will
    459 words
  • 496 1  -  Expect further 5% fall over rest of year, say analysts By Abdul Hadhi SINGAPORE In a further sign of a softening private residential market, rents in several areas have fallen by up to 5 per cent during the second quarter. Market watchers told
    Source: JLW  -  496 words
  • Page 1 Advertisements
    • 295 1 9 BT Online Look us up at http:// wwwjttia 1 .com.sg/biztimes r CONTENTS News 2.3 S'pw^fsa! —13.14 Regional News 4-6 Financial 18,19 World News 12 Futwis Mulwts Advertising 11 Qob/KLSE, StS 22 24 Edrtorial 10 -20 TV/Litest*te 9 World -21 Focus 7 Currencies 18 Simex/Commo ...18.19 SafescriptiM Tel **********7 Fax
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    • 53 1 Advertising: Pg u S'pore Medical Council's new rules B| Staying in the cognac race The battle for a bigger share of the cognac business in Singapore is much like a thrilling long-distance horse race. Who are the hot favourites? Who's leading the pack? How are the key players coping with
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    • 20 1 Hock Lock Siew: Pg 13 Will S'pore Power go for top pricinfgy Mixed signals: bearish news, bull market, Pg 7
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    • 10 1 US experts complete examination of Delia Maga's remains, Pg 2
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    • 121 1 Line: Pg 12 must be retaken e' MIKIMOTO The Originator of Cultured Pearls Since 1893 C.T.HOO #01-22 Tanglm Shopping Centre, Singapore August COEs fall across the board by 14%, Pg 2 f Singapore Power to eject SIA from 2nd spot on SES after listing, Pg 2 ALFRED DIINHILL ~V* 9
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  • EYE on the ECONOMY
    • 273 2  -  By Shiv Taneja BANK loans to non-bank customers grew 22.9 per cent year on year in May to cross the $100 billion marie for the first time. The latest figures from the Monetary Authority of Singapore show that May's loans totalled $100.3 billion. But
      Source: MAS  -  273 words
    • 558 2  -  By Genevieve Cua SINGAPORE Power (SP) will oust Singapore Airlines to become the second largest company on the Singapore stock exchange when it is listed probably next June, with Singapore Telecom still way ahead. Singapore Power chairman Ho
      558 words
    • 367 2 The Straits Times WASHINGTON The three independent American experts investigating the remains of Filipino maid Delia Maga held further discussions among themselves yesterday after completing their one-day examination on Wednesday evening here. They were due to hand in their forensic findings to
      The Straits Times  -  367 words
    • 347 2  -  Reports by Abdul Hadhi PLANS to enhance the greenery in Bukit Panjang will make the area a more desirable place to live and push up property values as a result. The new Development Guide Plan (DGP) for Bukit Panjang. released this week, includes
      347 words
    • 189 2 MORE condominiums and apartments are on the cards in the Serangoon planning area under a newly released Development Guide Plan. The Urban Redevelopment Authority says another 6,250 medium and high-den-sity housing units will be built. Medium density refers to buildings with 20 floors. Nonetheless,
      189 words
    • 426 3  -  By Christopher Tan REFLECTING current subdued sentiment in the car market, August COE rates are lower across the board. According to results released yesterday, prices for all the categories fell by an average of 14 per cent. The rates are lower
      426 words
    • 396 3  -  By Chuang Peck Ming A BILL will be moved later this year to introduce legislation for advance medical directives, popularly known as living wills. The move was announced yesterday by the Health Ministry at a news conference that was called
      396 words
    • 451 3  -  By Claire Leow THE steady growth of the disk drive industry is prompting the Uraco Group of Companies to expand in Johor, and perhaps also in Singapore. Uraco, started by two engineers, is also seeking a listing on the
      Photo by Chris Loh  -  451 words
  • Page 2 Advertisements
    • 693 2 Hock Lock Siew: Will Singapore Power go for top pricing? Pg 13 DD AKin nr\ /c~ I IKI As scats are limited interested SMA, SFCCI members and non-members should fax their Registration UUNi tKtNvt UIN uKAINU UtVtLUrlVltrNl I liM Form immediately to MsCharlene See for reservation. (Fax 338 3358 or
      693 words

  • Page 3 Advertisements
    • 32 3 i I Fountain Pen and Inkwell Both pen and inkwell con be personally engraved At Montblanc Boutiques and Authorised Dealers worldwide MONTBLANC BOUTIQUES Singapore: Ngee Ann City #01-32 and All Monfblanc Author
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    • 45 3 "To write is to write, is to write, is to write, is to write, is to write, is to write, is to write." Gertrude Stem BLANC THE ART OF WRITING P.,M1,-, City 802 03 MONTBLANC CORNER: Se.vo 3*i H. Bug". I i Ocalors iii Singapore-
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  • SOUTH-EAST ASIA
    • NOTEBOOK
      • 78 4 UPI MANILA An Australian business delegation is scheduled to arrive in Manila next week to scout for trade and investment opportunities in the Philippine telecommunications sector, the Foreign Affairs Department said yesterday. The group will be led by Minister for Small Business, Customs and
        UPI  -  78 words
      • 81 4 AFP KUALA LUMPUR Vietnamese asylum-seekers at a camp here are going on daily fasts to protest their impending repatriation, a month after a mass breakout and suicide threats at the same camp, officials said yesterday. "They go for a day without food, but they
        AFP  -  81 words
      • 78 4 Reuter KUALA LUMPUR Malaysia's Prime Minister Mahathir Mohamad has said there will be no cover-up in investigations into a sex-ring which allegedly provided television starlets for top businessmen, the national Bernama news agency said yesterday. "The government will not cover up anything in this
        Reuter  -  78 words
      • 74 4 UPI MANILA The Philippines said yesterday it has deported 20 Japanese nationals immediately upon their arrival at Manila's international airport as they were suspected to be members of Japan's notorious yakuza. Immigration Commissioner Leandro Verceles said the Japanese arrived from Japan in separate flights on
        UPI  -  74 words
    • 530 4 Reuter KUALA LUMPUR Hoteliers are warning of price wars and oversupply in the industry as a wave of major international hotels enter the market to take advantage of the country's economic boom. This year alone, Malaysia will have an
      Reuter  -  530 words
    • 243 4 AFP JAKARTA President Suharto's eldest daughter says there is "nothing wrong" with taking action against the offspring of top Indonesian officials if they are found to be involved* in business wrongdoings. "Even though I'm Suharto's daughter, I'm just a regular person.
      AFP  -  243 words
    • 237 4 Reuter KUALA LUMPUR Malaysia will award all building packages at its Ms 9 billion (SSS.I billion) new airport project by the end of this year, national Bernama news agency said yesterday. The remaining 27 projects at Kuala Lumpur International Airport (KLIA),
      Reuter  -  237 words
    • 902 4  -  Commentary By Yang Razali Kassim The writer is BTs regional analysis editor AFTER six years and much international opprobrium, Myanmar's ruling junta has finally decided it's time to set Aung San Suu Kyi free. The move to
      902 words
    • 107 4 Reuter BANGKOK King Bhumibol Adulyadej yesterday appointed Chart Thai (Thai Nation) party leader Banham Silpa-archa as Thailand's 21st prime minister. Prime Minister Banharn received a royal appointment at a brief ceremony in his Bangkok home after earlier winning approval from the king. Mr Banham's
      Reuter  -  107 words
    • 260 4 Bloomberg Business News JAKARTA The bureaucracy surrounding investment approvals and licensing procedures for infrastructure development in Indonesia is inflating costs and discouraging investment, the Indonesian Chamber of Commerce (Kadin) said on Wednesday. A Jakarta Post report said Kadin chairman Iman Taufik, speaking
      Bloomberg Business News  -  260 words
  • Page 4 Advertisements
    • 336 4 T3The Carlton!? JjR^SSERIIII 10th to 16th July (Z-CKI if-omia's fop is And Kimball Jones is bringing with him the reputation for creating a menu that has made Wente Bros, restaurant top-rated by America's culinary press. He'll also be unpacking a selection of wines from Wente Bros, own vineyards to accompany
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    • 44 4 Hurry! SSSO Vouchers Will Be Given To Ist 200 Participants!!! [NVENO Coruultants Pte ltd The Specialist in providing TOP QUALITY investment courses that would maximise YOUR PROFIT POTENTIAL is organising a STOCKS SHARES SUNTEC CITY mmL ROOM 313, LEVEL 3 Jtjjllfj. KMBp 10 w
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  • CHINA/HONGKONG/TAIWAN
    • 470 5 Clinton must declare there is only one China; Taiwan president not allowed to visit US again NYT AFP BEIJING Delivering its first outline of "practical steps" to begin thawing relations with the US, the Chinese government said on Wednesday that President
      NYT; AFP; Reuter  -  470 words
    • 231 5 AFP HONGKONG A proposal by US senators to deny China Most Favoured Nation (MFN) trading status also threatens Hongkong companies and US partners that trade with China, said a leading trade group official yesterday. Eddie Li, president of the China
      AFP  -  231 words
    • CHINA WATCH
      • 91 5  -  By Harish Mehta SINGAPORE The US, after normalising diplomatic gelations with Vietnam on Tuesday, will be tempted to use leverage to contain China's moves in the South China Sea, said a visiting US academic. Dr Allan E Goodman, an academic dean in Georgetown
        91 words
      • 69 5 Bloomberg Business News BEIJING China's trade surplus grew by US$2 billion (552.7 billion) in June, to US$l3.2 billion for the first six months of the year, the State Statistics Bureau reported. Exports rose to US$69.B billion in the first six months of the year, up 44.2
        Bloomberg Business News  -  69 words
      • 73 5 Bloomberg Business News BEIJING Shenzhen's gross domestic product grew 21.2 per cent in the first half of this year, down from an average annual growth of 36 per cent in the last 15 years, the official Xinhua news agency reported. The city's imports rose 11.1 per
        Bloomberg Business News  -  73 words
      • 95 5 Reuter HONGKONG Hongkong Grade A office rentals are set to bottom out in 1996 while their capital values should remain high, said Nomura Research Institute executive director Michael Green in a report. This contrasts with other analysts' views that Grade A rentals will
        Reuter  -  95 words
    • 199 5 AFP HONGKONG China has appointed a third and final batch of advisers from Hongkong to guide Beijing in the smooth transition of the territory to Chinese rule in the 1997 handover. The latest batch of 130 dis-trict-level advisers, handpicked by the Xinhua news
      AFP  -  199 words
    • 242 5 Reuter HONGKONG Eddy Li, president of the China and Hongkong Economic and Trade Association, urged the Chinese government to relax its labour laws to avoid increasing production costs of Hongkong-owned manufacturing operations in southern China. "We hope the government can relax the overtime
      Reuter  -  242 words
    • 221 5 AP BEIJING Chinese authorities have handled 8,767 cases of trademark infringement in the first five months this year, including piracy of Maxell, Reebok and Esprit products, official media reported yesterday. The pirates were fined a total of 21.2 million yuan (553.6 million) and
      AP  -  221 words
  • Page 5 Advertisements
    • 143 5 PROMOTION NOW IS THE CHANCE TO OWN AN EXQUISITE OFFERMANN WALLET FOR ONLY $150* During the promotion period from now till end of july compartments. Coins compartment. One-year (Limited to a maximum of 2 res per customer, price includes gst). 'Suuect to sales terms conditions WAS FOUNDED BY JACOB OFFERMANN
      143 words

  • ASIA
    • 432 6 Aim to let all companies pay standard 33% corporate rate Bloomberg Business News WELLINGTON The New Zealand government plans to overhaul tax rules for foreigners investing here. The aim of the new regime is for all companies to pay the standard 33
      Bloomberg Business News  -  432 words
    • 512 6 Bloomberg Business News SYDNEY Australian employment surged to a record in June, sending the jobless rate back to a 52-month low and supporting the central bank's view that economic growth is still too strong to warrant a rate cut anytime
      Bloomberg Business News  -  512 words
    • 344 6 Bloomberg Business News TOKYO Three of Japan's largest carmakers said yesterday that they spent more on US-made car parts in the fiscal year ended March 31 than originally planned. Toyota Motor Corp, Japan's top maker, said it bought U555.69 billion (557.9
      Bloomberg Business News  -  344 words
    • ASIA NOTES
      • 73 6 Bloomberg Business News TAIPEI The value of investment applications from foreign companies approved by Taiwan rose 57 per cent in the first half of this year from a year earlier to USSI billion (S$ 1.39 billion), the Ministry, of Economic Affairs said. Approved investments from
        Bloomberg Business News  -  73 words
      • 75 6 Bloomberg Business News MADRAS HMG Power, an independent power developer, wants to relocate a 15-year-old power-generating plant from Hongkong to an area outside Madras in south India, says the Economic Times. The 1,520-megawatt plant belongs to China Light and Power Co, which supplies electricity
        Bloomberg Business News  -  75 words
      • 75 6 AFP SEOUL French Foreign Trade Minister Christine Chauvet yesterday admonished French industrialists for ignoring the potential of South Korea, despite its meteoric economic growth. Speaking at the opening of the first French technology exhibition here, Mr Chauvet said the French presenae in South Korea
        AFP  -  75 words
      • 64 6 AFP SEOUL Emboldened by a strong opposition showing in recent local elections, veteran South Korean politician Kim Dae Jung yesterday made a long-awaited announcement that he was returning to politics. "I want to contribute myself as the Korean people is standing at the crossroads and
        AFP  -  64 words
      • 72 6 AP TOKYO Japan's Fair Trade Commission said yesterday it had ordered nine electronics companies to pay a total of 1.04 billion yen (Ssl6 million) in fines for allegedly rigging bids on public sewage projects. The nine companies, including giants such as Hitachi and Toshiba
        AP  -  72 words
    • 141 6 Reuter TOKYO Japan's ViceFinance Minister Kyosuke Shinozawa said the foundation for a gradual economic recovery was still in place, despite the fact that recovery was currently at a standstill. Mr Shinozawa, speaking to reporters yesterday, said he otherwise had nothing more to
      Reuter  -  141 words
  • Page 6 Advertisements
    • 284 6 3^" Trime Bocalion li)il£ Excellent Uransportaiion Offering 5W Value Prestigeous Building Discounted Price The Favourite Choice Of Buyers IkMWMIIBSiIIUMkHfJ ■IMMiM feBBMi I SMSHHMHHHfIHHNHfiHI I ingrui Building is situated in elegant n Dongsanhuan Road where the most prestigeous \X// *T*" buildings in Beijing are located. Consisting of a ■..">/, 15-storey commercial
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  • FOCUS
    • 725 7  -  Japanese economy From Anthony Rowley in TOKYO THE LATEST official economic data in Japan paints a picture of almost unrelieved gloom and yet recent movements in Tokyo stock prices and in the foreign exchange market suggest a happier prospect for the economy. Can these
      725 words
    • 675 7 Bloomberg Business News NEW YORK Kenichi Ohmae, author, management consultant and now politician, wants to turn Japan Inc into the United States of Japan. Many of Japan's problems can be traced to Tokyo, he said. The federal government keeps the country and its economy
      Bloomberg Business News  -  675 words
  • Page 7 Advertisements
    • 543 7 WTiirMtiiiinTriiiii iinnmrtf> ht'iunimii»innr nm wr if iiiwrrnrr "ir r i—<imwirrTMMrimTrr <r rr t-"mminn nrl y "'.v $4, 2 is# Ws >JK' SB ii cl 1 i V THE FINAL FRONTIER* NOT JUST SPACE BUT LUXURY. ■>. fmki -.v A *t 85m V > '*w f-w £?"<.*• ..is* v b: <
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  • Page 8 Advertisements
    • 397 8 I The All NaturaHy Brewed Beer. I worlds largest selling beer 1 5 -J" Msm FRCSCA GOLD MIVIMOC CARD N V P.rt Of 6«lrtnomie EIHl\ 10% off for cish piyment •5% off for credit payment J fl Card vtlid it ill P«ti Fr»i«« «tl«tiy' Just spend $500 and above within
      397 words
    • 264 8 Local Favourites At The Boulevard's Cafe Carousel CiK June IS July 1 !•!»."> I Available from Monday to Friday Chicken Rice Wanton Noodles Bak Kut Teh Fried Hokkien Mee Nasi Lemak At Only $6 Each J I •Subject to IOSt service charge 4 prevailing government taxes, including GST JS$ Gmrusel
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    • 317 8 WHERE TO WINE, DINE AND ENTERTAIN Win A Holiday Trip At Studio M! Order a Beer or Budweiser Ice Draft Beer between 10.30pm and 12.30 am on Fridays and you will stand a chance to win a holiday trip to Phuket, Bangkok, Pattaya, Medan and Turi Beach. Promotion is on
      317 words
    • 281 8 The Day You Dine At Triple 3. Bf. Prepared To Have A Very Light Breakfast. Skip breakfast altogether for a sumptuous buffet 2 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
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  • LIFESTYLE
    • 841 9  -  Claire Leow makes an armchair trip to S America where time stops and wonder begins Claire Leow GONE are the days when trekking trips to Nepal were exotic as such treks have become de rigiieiir, with prices falling rapidly to meet budgets.
      841 words
    • CHATTERBOX
      • 378 9 AP AP AP AP PRESIDENT Bill Clinton has one. So does actress Sandra Bullock. Now Georgian leader Eduard Shevardnadze will also have an Internet address. Shevardnadze will be able to surf the Internet thanks to a special line installed in parliament on Tuesday by the
        AP  -  378 words
  • Page 9 Advertisements
    • 103 9 BS faMMMMMWSW'Si'M^'M'WMtWWtfWHHHWaaMIWWWItHWWiBiWWWOTiWWwHWWwWwwVaSa^' Authentic Thai. Wi mL. v il T_ We sera the kit Thai food in town. muterfullj preptred by internitionil wird winning Thai chef. sff+S. T >«, '*1 M PARKWAY THAI RESTAURANT 80 Marin* Panda Road, «02-0« Paikway Parada. 5<1544) Tal 345 8811. 178 Orchard Road. W5-SOA2 Cantrapoiot. S*o®3)
      103 words
    • 256 9 A sumptuous and delightful spread of afternoon hi lea dclicacies awaits you at the Cafe Aladdin. Mw Choose from a variety of hot ilesserls fish or chicken porridge, sicw mai. sotong halls, chicken W wings, otak olak. piz/a, fried rice and tempting II nyonya kuehs. home-made pastries Iresh Iruits. All
      256 words
  • Page 9 Miscellaneous
    • 1202 9 I TV RADIO Best of the Best 8.30pm, Ch 5 Eric Roberts, Phillip Rhee and Christopher Penn return as Tf part of the American Karate f team for 1993 They go to a Las Vegas arena ;v |f j? ,i to the a killed in shady competition, W and find
      1,202 words

  • 888 10  -  Tough decisions look less likely as opposition gains popularity, writes Peter Lynch Peter Lynch The writer is a Sydney-based journalist who contributes to BT YOU had to feel sorry for Mexico's ambassador to Canberra last week. As the debate over Australia's
    888 words
  • 477 10 EDITORIAL THE cash registers aren't ringing as they should in Singapore's shops. The Great Singapore Sale that's just started may change that for the next few weeks. But retailers are wringing their hands, worrying about the future. One after another, listed retail groups have reported disastrous
    477 words
  • WHAT THE OTHERS SAY
    • 297 10 MANY expatriates would have been caught on the hop by this week's announcement that those working here on employment passes would, upon renewal of theypasses, not be entitled to their companies' CPF contributions. They also need not pay their own share. Earnings foregone are not small
      297 words
    • 126 10 IN THE recent Econonjic Forum, DPM Lee Hsien Loong was confident that Singapore will enjoy a growth rate of 7 per cent higher than most advanced nations. There are two factors that make it possible: the growth of a skilled workforce, including migrants; and returns from
      126 words
    • 110 10 TWO MONTHS ago, Apec decided to raise Singapore into the league of developed countries. While the decision is not unexpected, one wonders if Singaporeans are aware of what they are in for. In a speech given at the Economic Forum, DPM Lee Hsien Loong dis- closed why
      110 words
    • 130 10 WITHIN HOURS of unexpected release from house arrest, Burmese opposition leader Aung San Suu Kyi conferred with colleagues from her party, the National League for Democracy. The ruling State Law and Order Council has warned her not to break any laws, and it is unclear
      130 words
    • 109 10 IT WAS an issue Bill Clinton has been evading most of his life, first as a draft-eligible student, then as a political candidate and ultimately US President. But the American leader finally stopped running on Tuesday, confronted the Vietnam dilemma and made a politically risky
      109 words
    • 108 10 US MIDDLE EAST peace coordinator Dennis Ross started a new peace shuttle in the region, which focuses on overcoming Syrian-Israeli peace problems in order to pave the way for military experts to discuss details of the general guideline agreed in last month's Washington meeting of military
      108 words
  • Page 10 Advertisements
    • 28 10 BUSINESS_TIf^ES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertise your Appointments or Notices, caM toft-fvee 1-800-741-1883 j [The Straita Tim— ■iiMa'imininifi
      28 words
    • 315 10 THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PETMIN CONSULTANCY SERVICES PTE LTD MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of Petmin Consultancy Services Pte Ltd convened and held at 4 Keng Chin Rd #07-01 Centuryville Singam pore 1025 on 30th June 1995, the following special resolution
      315 words
    • 418 10 NOTICE NOTICE IS HEREBY GIVEN that, I LIM CHEW NAM of Blk 141 #03-16 Serangoon North Ave 2 Singapore 1955, have applied for a Retail Liquor Shop Licence in respect of M/s The Store 1 Supermarket located at Blk 523, #01-123 Hougang Ave 6 Singapore 1953, and that this application
      418 words
  • Page 10 Miscellaneous
    • 98 10 FIANOON f\ND /SO OF bJCRxI PWiOn I 1 V*WU>| PNP <**...? J DOONESBURY GARRY TRUDEAU 7H£eRSIWLB HAUSFRAU, /M/», I'MAFRAIPKXJ*. THBMOJHGROFONB, CAUS6S GXD&trm I MB, ACWTTI&ARB IN j M ROMANCE T AfTlßlNlHZSl&FftSme HH&OL'iUe&DPnMI9S7 P VIOLATION OF TOON [Hour j I 1 YOU DGN7 RfAUYHJfIfifT TV I SfrmjaeW YOUMSS' I N ACTIN6UKB
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  • ADVERTISING & MARKETING
    • 1144 11  -  Rat sales are hurting cognac marketeers. Chan Siew Ling finds out how the key players are meeting the challenge Chan Siew Ling THE intense battle for a bigger slice of the cognac business in Singapore is much like a thrilling long-distance horse race. Much depends
      1,144 words
    • 313 11 Financial World puts Marlboro as No 2 and IBM a surprise No 3 in its annual rankings Reuter Coca-cola is the world's most valuable brand name, according to Financial World magazine, making it the winner in the magazine's annual brand valuation ranking for the
      Reuter  -  313 words
    • 516 11  -  'Brain and Spine Clinic' and other such signs will become a thing of the past. Michelle Low reports Michelle Low GONE are the days when a wrong turn into a little street produces the startling vision of a neighbourhood clinic claiming
      516 words
    • COPY LINES
      • 60 11 SINGAPORE US food giant Mars has appointed Batey Ads to help strengthen its brands in Asia after a worldwide review of its ad agencies. Batey will manage all Mars brands in Singapore, Malaysia and Brunei, including confectionery such as Mars Bars. It will handle advertising
        60 words
      • 40 11 SINGAPORE DMB&B Singapore managing director Chris Ang will be swapping durians for a taste of the Big Apple. He has been appointed senior vice-president, director of operations and strategies, at DMB&B's New York head office.
        40 words
      • 41 11 SINGAPORE Hyatt Regency has introduced "electronfc brochures" to make it easier for travel agents, conference and incentive planners to sell the features of the hotel. In-depth information in full colour is now available in CD-ROM and floppy disks.
        41 words
      • 50 11 Reuter NEW YORK The Food and Drug Administration has concluded for the first time that nicotine is a drug that should be regulated and proposed steps for regulating tobacco products, including new limits on tobacco advertising, the New York Times reported yesterday. Reuter
        Reuter  -  50 words
  • Page 11 Advertisements
    • 101 11 < cr iftrVaes Take a frtsb new Habits! f»r the latest in furniture and home furnishings. HABITAT. MARINA SQUARE ••/-(•I. < RAFFLES BOULEVARD, SINGAPORE >••>. Tit 4 Retreat to Sentosa on business. Shangri-La's Rasa Sentosa Resort Summer Business Packages are well worth looking into. You'll find all the business and
      101 words

  • 497 12 Beijing entitled to own concept of human rights, says Kohl AP Reuter BONN German companies and China signed eight business deals worth US$3 billion (SS4.I billion) yesterday during a visit by China's president, and Chancellor Helmut Kohl said Beijing has a right to
    AP; Reuter  -  497 words
  • 287 12 AP Bloomberg Business News BEIJING China's decision to award a US$l billion (Ssl.4 billion) contract to German carmaker Mercedes-Benz over two American rivals was business, not politics, a Chinese official said yesterday. Ford Motor Co and Chrysler Corp of the United States were
    AP; Bloomberg Business News  -  287 words
  • 167 12 AFP BRUSSELS The European Union yesterday unveiled the first comprehensive blueprint for establishing a global competition framework, including a common set of rules and a mechanism for settling disputes. A report published by the European Commission recommended that existing EU-Unit-ed States cooperation on
    AFP  -  167 words
  • 326 12  -  From Neville Stack in LONDON THE political wisdom of defying his dissidents and calling a leadership election is paying off for Britain's Prime Minister John Major. In the first opinion poll since winning the election last month, the opposition Labour Party's lead of
    326 words
  • 242 12 Bloomberg Business News WASHINGTON The unexpected 0.1 per cent fall in producer prices provided convincing evidence that Federal Reserve policymakers were correct in viewing inflation as not being a threat when they reduced interest rates last week. "The Fed has
    Bloomberg Business News  -  242 words
  • 384 12 Reuter LONDON A desperate plea to British newspapers by former Barings bank trader Nick Leeson, asking them to mount a campaign to prevent him standing trial in Singapore, appeared to have fallen on deaf ears yesterday. Leeson, in custody in Germany awaiting
    Reuter  -  384 words
  • WORLD IN A BOX
    • 90 12 Reuter WASHINGTON United States federal bank regulators plan to put forward soon a proposal on capital requirements for market risks in a bank's trading account. Comptroller of the Currency Eugene Ludwig yesterday said the proposal would establish two ways to measure market risk a bank's own internal
      Reuter  -  90 words
    • 90 12 AFP WASHINGTON The US Food and Drug Administration has concluded for the first time that nicotine is a drug, opening the way for stricter regulations aimed at protecting minors. Although the FDA has authority to regulate drugs, it has left it to the White House to decide
      AFP  -  90 words
    • 105 12 Reuter PARIS The United States has introduced "crisis" into efforts to free up nnanciai services by its recent decision to quit talks at the World Trade Organisation. The WrO's director general, Renato Ruggiero (right), told the financial daily La Tribune yesterday that failure to strike a
      Reuter  -  105 words
    • 46 12 Bloomberg Business News NEW YORK The New York Mercantile Exchange has voted to open merger talks with New York's CofTee, Sugar Cocoa Exchange. In a letter on Wednesday to CSCE chairman Brian Kelly, Nymex chairman Daniel Rappaport requested "a prompt and positive response". Bloomberg
      Bloomberg Business News  -  46 words
    • 92 12 Reuter LONDON The International Red Cross launched a novel fund-raising scheme yesterday which aimed to siphon oft" one per cent of US$25O billion spent annually on company advertising by appealing to corporate consciences. Under the scheme, major brands will be encouraged to advertise their goods on the packaging
      Reuter  -  92 words
    • 48 12 UPI HONGKONG It's official: Hongkong is the world's largest clothing exporter, sending out US$2l billion (Ss29 billion) worth of garments in 1994, according to data announced by fashion trade experts yesterday. Those figures were publicised at the opening ceremony of the 26th Hongkong fashion week. UPI
      UPI  -  48 words
    • 72 12 AFP FRANKFURT The Bundesbank held its key interest rates unchanged yesterday and maintained its target for growth of the M 3 money supply this year at 4-6 per cent. The bank made the announcement after a regular meeting of its policy-making central council. It was the last
      AFP  -  72 words
  • 736 12  -  The Bottom Line KEVIN SULLIVAN KEVIN SULLIVAN The writer, a BT correspondent, formerly covered the war in Bosnia UNITED Nations officials in former Yugoslavia face no difficult decisions following the capture this week by rebel guerillas of a UN-protected town in Bosnia.
    736 words
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  • COMPANIES & MARKETS
    • 324 13  -  By Rahita Elias SINGAPORE Sembawang Corp, which is keen to buy into the Hindustan Shipyard, is also said to be eyeing another Indian outfit. This time, the target is Cochin Shipyard. Spearheading the group's push into India is wholly owned Sembawang
      324 words
    • 380 13  -  $7.5 lm raised to be used for marketing, distribution activities By William Chia SINGAPORE Industrial equipment supplier Causeway Investment plans a private placement of 6.77 million shares, or 10 per cent of its issued share capital, to raise $7.51 million. Yesterday it said
      380 words
    • 231 13 SINGAPORE Transmarco is seeking shareholders' approval to lease office space from its parent Arton at $5.40 per sq ft per month, plus a payment of more than $685,000 for fitting out the premises. Arton, a company wholly owned by Transmarco chairman Sukamto Sia, bought
      231 words
    • 666 13  -  HOCK LOCK SIEW By S N Vasuki SINGAPORE Singapore Power's chairman Ho Kwon Ping was all smiles yesterday when he was asked at a press briefing about the initial response from fund managers to the utility's massive flotation next year. "Singapore Power is
      666 words
    • 366 13 NST KUALA LUMPUR Datuk Keramat Holdings Bhd has said that the disposal of its 60.35 per cent stake in United Malayan Banking Corporation Bhd (UMBC) would substantially boost its cash holdings and resources for future development. In the company's annual
      NST  -  366 words
    • 112 13 Bernama KUALA LUMPUR South Peninsular Industries Bhd (SPI) expects a further improvement in its group financial performance, given the buoyant Malaysian economy and the tremendous potential of its subsidiaries, said chairman Azman Hashim yesterday. SPI, which was admitted to the Second Board of the KLSE
      Bernama  -  112 words
    • EYE on your STOCKS
      • Article, Illustration
        51 13 Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance, Barings. Credit Lyonnais Securities, Daiwa, Fraser, G K Goh, Kay Hian, Morgan Grenfell, Ong Co, Nomura, Phillip, Smith New Court, WI Can and S G
        51 words
      • Article, Illustration
        89 13  -  -By Quak Hiang Whai ONE has to be a die-hard fan of Antah Holdings to buy at current levels. Given the technical charts, there are hardly any reasons to buy but many signals to sell. Bearish divergences have clearly appeared on the extremely high daily and weekly RSIs
        89 words
    • COMPANIES
      • COMPANY BRIEFS
        • 45 14 SINGAPORE Van Der Horst Ltd yesterday said it had no immediate plans to place out new shares to raise money. Ihe company was responding to a query from the Stock Exchange of Singapore following a BT report yesterday.
          45 words
        • 41 14 SINGAPORE Singapore Technologies Industrial Corporation has divested its 40 per cent stake in Asia Pacific l ogistic Services to Singapore Technologies Logistic Pte Ltd. STIC sold the 4.92 million shares of $1 each on July I.
          41 words
        • 47 14 SINGAPORE Vikay Industrial Ltd said the joint venture agreement between its wholly-owned subsidiary VK Electronics Trading Pte Ltd and Verma Labs Inc signed on Sep 29, 1993 was rescinded on June 27. Verma had not fulfilled conditions provided by the agreement, Vikay said.
          47 words
        • 38 14 SINGAPORE Metalock (Singapore) Ltd said it has raised its stake in subsidiary Metlokcast Sdn Bhd by subscribing for 900,000 shares at Msl each. The acquisition of shares is funded through internal resources.
          38 words
        • 38 14 SINGAPORE Fu Yu Manufacturing Ltd, whose share price and trading volume rose sharply in recent days, said yesterday that it did not know what caused the jump in price and activity.
          38 words
        • 45 14 SINGAPORE Tong Meng Industries Ltd said it has increased its investment in wholly-owned subsidiary Magnificient Equities Sdn Bnd from M 52.43 million (551.38 million) to M 54.03 million by applying for an additional 1.6 million shares of Msl each.
          45 words
        • 91 14 IN our report yesterday, "Aztech in USs6m suit, plans to countersue", we said Aztech substantial shareholder Siew Chak Hung and his wife disposed of 120.000 shares for $113,200. We also said they each had a shareholding of 28.31 per cent. This is incorrect. Mr Siew alone sold
          91 words
      • 571 14 Managers' pnc«s Jul 14 Sh Greater C hina Fd 0 965 I 005(« Mendaki Or Fund 1.06 l.09(a Singapore Unit Trust us or Fund i on 1.12— The Commerce 160 1.69 iinp cto f Mcrt |M The Savings Fund 1.56 1 65 UUB ASS€l mgl LIU S'pore Prog Fund 0.63
        571 words
      • 332 14 Company will raise 2.1b baht from central bank ordered sale Bloomberg Business News BANGKOK Siam City Bank pic said it planned to raise 2.12 billion baht (SSI2O million) by selling part of its two brokerage subsidiaries to shareholders. The
        Bloomberg Business News  -  332 words
      • 285 14 Bernama KUALA LUMPUR The new township project on a 1,068 ha site in Rawang, Selangor, is expected to be a major profit contributor for the Asia Pacific Land Bhd group in the future. The project, with an estimated total development value
        Bernama  -  285 words
      • 303 14  -  By S N Vasuki SINGAPORE Moody's Investors Service yesterday upgraded the senior long-term foreign currency and preferred stock ratings of the Philippines Long Distance Telephone Company (PLDT). This follows Moody's recent upgrade of the Philippines' sovereign rating for foreign currency debt from Ba3 to
        303 words
      • 285 14 Bemama KUALA LUMPUR YTL Corp Bhd, which is building its latest Ms7o million (Ss4o million) hotel known as Vistana Hotel, plans to invest an additional Msl2o million to develop its Vistana hotel chain in the country. Mark Yeoh, executive director of YTL Hotel and
        Bemama  -  285 words
      • 201 14 Bemama KUALA LUMPUR Berjaya Sports Toto Bhd's pre-tax profit declined slightly by 1.1 per cent to M 5145.23 million (5582.8 million) for the 12 months ended April 30, 1995, against MS 146.91 million in the previous corresponding period. The company, in a statement released
        Bemama  -  201 words
      • 276 14 AFP KUALA LUMPUR Petronas Gas Bhd, the soon-to-be-listed jewel of Malaysia's national oil corporation, has been given an AAA rating by a local agency for its MSBOO million (***** million) Islamic debt securities issue. The Rating Agency of Malaysia (RAM) yesterday said
        AFP  -  276 words
      • 297 14 Reuter BANGKOK Shares of Thai Melon Polyester pic, Thailand's leading producer of polyester and yarn filament, have a bright future given the company's strong fundamentals, market analysts said. "With the current .fundamentals, I think the share price could jump to around 60 baht,"
        Reuter  -  297 words
      • 395 14 JAKARTA Listed Indonesian companies will he allowed to operate their own securities operations even after a new capital market law is passed, the Jakarta Post said yesterday. The law is expected to he passed in January. Rejecting the concern of opposition
        395 words
      • 863 14 Payment Ex Books Pay dale close date Acma MP F 12.5 Jun 27 Jul 3 Jul 17 Alcom F 5TE Jun 23 Jul 7 r Jul 22 Alex Hldgs 50* b 6 Sep 6 Sep 12 Sep 26 Amcoi 25* F 20 Aug 8 Aug 14 Aug 30 Asia Pacific
        863 words
      • 385 16 Reuter AFP LONDON British office automation specialist Gestetner rejected a takeover bid by Japan's Ricoh yesterday, and advised shareholders not to sell their shares in the market until it has held talks with the "predator". The UK firm, which has sold Ricoh products since
        Reuter; AFP  -  385 words
      • COMPANY BRIEFS
        • 78 16 Reuter HANOI Japan's Nissho Iwai Corp and Central Glass Co have signed an agreement with a Vietnamese partner to set up a US$35 million (Ss4B million) joint venture to produce chemical fertilisers, a Nissho Iwai official said. The Vietnam News Agency said the deal,
          Reuter  -  78 words
        • 75 16 Bloomberg Business News HONGKONG Mandarin Oriental International said Hyatt Corp has turned down its offer to buy the 224-room Park Hyatt Hotel in Washington DC for U5543.5 million (Sss9 million). The purchase would have been the Hongkong-based hotel company's first purchase of a
          Bloomberg Business News  -  75 words
        • 59 16 Bloomberg Business News HONGKONG Women's clothing manufacturer Tungtex (Holdings) Company said its net profit fell 30.7 per cent for the year ended March 31. Profit after tax and minority interest payments dropped to HK$5l.2 million (Ss9.l million) from HK$73.B million, the company said. No explanation was
          Bloomberg Business News  -  59 words
        • 69 16 Reuter TAIPEI Taiwan's Fareastern Silo Corp will launch its initial public offering (IPO) on July 25 with an underwriting price of NT$26 (S$ 1.38) per share, and is expected to be listed in late September, lead underwriter President Securities said. Fareastern Silo will
          Reuter  -  69 words
      • 282 16 HONGKONG Hopewell Holdings is considering a public listing of its Shenzhen-Guangzhou-Zhuhai superhighway project, the .Eastern Express reported yesterday. Quoting Gordon Wu, managing director of the real estate, construction and engineering company, the report said Hopewell will eventually spin off the project, but not in
        282 words
      • 45 16 Reuter TOKYO Virgin Group chairman Richard Branson breaking open a can of irgin Cola during its launch at a disco here yesterday. The soft drink, first launched in the United Kingdom in November, is making its first overseas launch in Japan. Reuter
        Reuter  -  45 words
      • 228 16 AFP TAIPEI Taiwan's flag carrier, China Airlines (CAL), is to sell an 8.95 per cent stake in domestic air carrier Far East Air for NT$l.l9 billion (5563.5 million), company officials said yesterday. Taiwan Aerospace Corp, 29 per cent owned by the
        AFP  -  228 words
      • 89 16 AFP HONGKONG Hongkonglisted investment firm China Strategic Holdings Ltd said yesterday it has signed a letter of intent with the Chinese coal ministry in an unprecedented joint venture to modernise and upgrade China's major coal mines. The project, if established, will be
        AFP  -  89 words
      • 303 16 Bloomberg Business News SYDNEY Qantas Airways Ltd yesterday said a cut in US interest rates and the resulting surge in world stock prices may turn out to be one of the greatest aces in wooing investors to
        Bloomberg Business News  -  303 words
      • 499 17 Bloomberg Business News LONDON Merrill Lynch Co and Commerzbank AG emerged as the leading candidates to buy Smith New Court pic, with the prize going to whoever can win over the company's largest shareholder. NM Rothschild, the UK investment bank, holds
        Bloomberg Business News  -  499 words
      • 300 17 AP WASHINGTON The concentration of power in America's banking industry continued on Wednesday as two large regional institutions. First Chicago Corp and Detroit-based NBD Bancorp Inc, announced plans to merge. The combination of these two institutions is evidence that even the biggest US banks First
        AP  -  300 words
      • 275 17 Reuter NEW YORK A rash of banking mega mergers will change the face of US banking. The accompanying list of the top 15 US banking companies reflects the four huge pending mergers announced this year. For most banks, asset sizes
        Reuter  -  275 words
      • 292 17 NYT SAN FRANCISCO Hexcel Corp, a leading maker of composite materials for aerospace and other uses, on Wednesday said it had agreed to combine its business with the composites division of Ciba-Geigy Ltd of Switzerland, creating a company with approximately US$6OO million (SSB4O
        NYT  -  292 words
      • 64 17 Reuter NEW YORK Psychemedics Corporation president Raymond Kubacki showing his company's new drug testing pack at a press conference here on Wednesday. The kit allows parents to clip their children's hair and use it to test for drugs. Mr Kubacki said "call from nervous
        Reuter  -  64 words
      • 467 17 NYT LOS ANGELES Fox Television chairman Chase Carey had one message to deliver at a meeting last month for the network's affiliates: Fox aims to be No 1. Affiliate executives walked away believers. "I can't recall in the
        NYT  -  467 words
      • 214 17 Reuter NEW YORK CBS Inc says earnings plunged in the second quarter, hurt by lower income at its television network and a one-time charge for stafT cuts that included an early retirement programme. A sharp drop in interest on investments also
        Reuter  -  214 words
      • 147 17 Bloomberg Business News COLORADO SPRINGS, Colorado Quantum Corp has said it will close its high-capac-ity computer disk drive plant here, which employs 1,300, moving its production to Penang, Malaysia, to cut costs. Quantum, a manufacturer of computer storage equipment, said production
        Bloomberg Business News  -  147 words
    • FINANCE & COMMODITIES
      • 328 18 AFP HONGKONG Hongkong's second largest bank. Hang Seng Bank, is holding talks tp sell its two branches in New York to HSBC Holdings pic unit Marine Midland Bank, the bank's spokesman said yesterday. The bank is also considering shutting its
        AFP  -  328 words
      • 57 18 AFP HAVANA Cuban farmers roping a plough support on top of a pair of oxen at a co-operative farm on Wednesday on the outskirts of the Cuban capital. The use of oxen in the agrarian sector has increased sharply since fuel and spare parts for the
        AFP  -  57 words
      • 263 18  -  By Soh Tiang Keng SINGAPORE The Singapore International Monetary Exchange will launch an electronic trading system by the end of this year. The Automated Trading System will complement open outcry trading, under which traders yell bids and offers in the pits to clinch
        263 words
      • 269 18 AFP PARIS The French banking system is fragile because there are too many banks, Societe Generale bank president Marc Vienot said on Wednesday highlighting a new willingness among French business leaders to be controversial. He was speaking a day after the US ratings firm
        AFP  -  269 words
      • 183 18 Reuter LONDON Ratings agency IBCA is reviewing its ratings of Japanese banks, particularly those exposed to the Tokyo stock market. IBCA said on Wednesday that it is concerned by "the lack of clear policy by the banks or the Japanese authorities em how they
        Reuter  -  183 words
      • 491 18 Bloomberg Business News NEW YORK The Coffee, Sugar and Cocoa Exchange (CSCE) and the New York Cotton Exchange said they intend to move out of New York to a new facility at the Colgate Centre in
        Bloomberg Business News  -  491 words
      • 405 18 Reuter NEW YORK Value-at-risk (VAR) models are useful tools in helping banks quantify trading risks. Standard Poor's says in this week's issue of Credit Week, but relying exclusively on them for capital allocation "could result in undercapitalisation for the full range of trading
        Reuter  -  405 words
      • 273 18 ENERGY WORT Reuter LONDON Oil prices inched slowly higher yesterday, finding fresh impetus from signs that North Sea oil supplies will be lower in August. Fresh buying was also sparked by the start of an oil workers strike in Ecuador, a
        Reuter  -  273 words
      • 200 18 Reuter LONDON The dollar was down well over half a pfennig at the European midsession after the Bundesbank decided to leave German rates unchanged. There had been speculation the central bank might ease official rates after the Swiss National Bank cut its discount rate earlier, sending the
        Reuter  -  200 words
      • 99 18 AFP NEW YORK The dollar faccd mixed trading against major currencies on an active market after Germany's announcement that it would hold its key interest rates. At 1355 GMT. the dollar was trading at 1.3975 marks from 1.4025 late Wednesday and 88 yen from 87.35. In London at
        AFP  -  99 words
      • Article, Illustration
        1569 18 IraJf-HrivhtfJ injf\ cakulauti avm\i S'pare's lop 14 ira Jinx partners Base year 198* US$/S$ forward rates Noon /Jul 13 SS Bid Offer 1-month ***** 1.3979 2-month 1 3927 1.3942 V month ***** 1.3913 6-month 1.3803 1.3823 S,Hinr OC HC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am oh Jul
        1,569 words
    • COMMODITIES & FUTURES
      • 1373 19 SiMEX REPORT Reuter SINGAPORE Simcx Euroyen futures ended lower following the slide in Japanese government bond futures (JGBs). "The JGBs erashed in London trading and that pulled Euroyen lower," said a trader with a Japanese bank. He said a stronger dollar rising clearly above
        Reuter  -  1,373 words
      • 671 19 COMMODITY REPORTS GoM HONGKONG: Gold extended its New York gains to close firmer in quiet trade as investors were sidelined ahead of the Bundesbank meeting. Gold bullion ended at U*****.10/60 an ounce against New York's U*****.90/389.10 close. It opened here at U*****.60/389.10. Local
        671 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 100 19 LONDON Higher coffee prices over the past year are expected to have a positive impact on Brazil's 1996-97 coffee production, with agronomists already beginning to speculate on the size of the crop, FO Licht said in its latest International Coffee Report. "Some said
          100 words
        • 75 19 HONGKONG Aluminium prices may be poised to rise further following sharp gains this week, on the back of declining inventories, traders say. Some maintain that aluminium has the potential to rise another 5-10 per cent before peaking. The bellwether three-month London Metal Exchange aluminium contract has
          75 words
        • 74 19 BANGKOK As much as 10,000 tonnes of Thai 1994-95 (Nov-Oct) crop robusta coffee may be unsold in exporter hands, industry sources here said yesterday. But the exporters may sell the coffee in Thailand or keep it until the next marketing year because prevailing export prices
          74 words
        • 65 19 HONGKONG The Chinese government set purchase prices for sugar cane and sugar beet at 230 and 280 yuan (Ss3B and Ss47) per tonne respectively, the Farmers' Daily reported yesterday. But local governments have the freedom to change the purchase price within a 10 per cent plus
          65 words
    • 1460 19 SICOM Futures Jul 13 Rubber Physical Prim (futures dosing as at 5.30pm) Buyers Sellers RSS1 Contract (S ccnts/kg) As at 12 noon (S cents/kg) (lose Volume Open Month High Low Selt (tonnes) Interest RSS 2 Aug 9$ 196.50 I97.50N Aug 9} I I 195 50 1650 RSS 3
      1,460 words
    • REGIONAL STOCK MARKETS
      • 1131 20 +26.1 SHARE prices surged 1.2 per cent yesterday to close at an 11-month high, bolstered by a rallying local dollar, high metal prices and a record finish on Wall Street. "It is the strong performance from Wall Street and other world markets overnight, the very strong performance of metals
        1,131 words
      • 618 20 -13.6 Stocks fell 0.5 per cent on prof-it-taking and the fall of Philippine Long Distance Telephone in New York. The PSE Composite Index lost 13.6 points to 2,900.78. Turnover was 5.3 billion shares valued at 2.5 billion pesos. A dealer said the fall was "just a correction" and not
        618 words
      • 361 20 15.07 Share prices gained 1.6 per cent, spurred on by an outstanding performance by financial shares. The Composite Price Index soared 15.07 points to 977.29. Turnover was 70.79 million shares worth 1.21 trillion won. Rises beat falls 523 to 316, with 99 counters unchanged. As rates remain near the
        361 words
      • 579 20 -31.69 Share prices finished lower amid cautious trading, dampened by lacklustre performances of pulp and paper issues and constructions. "Some nervous investors rushed to dump shares after the index failed to break the 5,700point level," said a trader. The 321-issue Weighted Price Index declined 31.69 points to 5,593. Turnover
        579 words
      • 333 20 12.12 Shares ended slightly firmer but the response to sharp gains in the United States and Australia was muted overall. The NZSE-40 Capital Index ended 12.12 points up at 2,152.95. A dealer said it was a patchy day. "After the big run in the Dow we were expecting
        333 words
      • 172 20 +34.08 Shares held on to Wednesday's gains, ending up on purchases by foreign funds and speculators, brokers said. The BSE 30-share Index finished 34.08 points higher at 3,287.53. The National Index closed 16.06 up at 1,521.47. Brokers said foreign fund managers were active and bought blue chip shares. Market
        172 words
    • WORLD STOCK MARKETS
      • 647 20 -3.4 THE FTSE 100 index ended mixed with gains pared by a weaker futures market and a lower Wall Street which fell despite encouraging news from US producer price data that inflation appeared to be under control. The blue chip index closed 3.4 points off at 3,447.2 after a
        647 words
      • 178 20 -13.34 French stocks fell after the Bundesbank maintained two of its key rates at its last policy-making council meeting before Aug 10. The CAC-40 Index fell 13.34 points to 1948.32, as declines in financials stocks led the index lower. Of the CAC Index, 28 stocks declined, two were unchanged
        178 words
      • 230 20 -20.69 German stocks fell, as comments from the head of the Bundesbank reignited concern inflation will reduce the chance the central bank will lower interest rates. The Bundesbank left key interest rates unchanged at its final central council meeting before the summer break. Lower rates reduce corporations' borrowing costs
        230 words
      • 190 20 +7.88 The main Belgian stock index rose, propelled by gains in mining company Union Miniere SA and cement company Cimenteries CBR. The Bel2o Index closed up 7.88 points at 1,487.63. It rose by as much as 15 before the announcement from the German central bank that its key interest
        190 words
      • 785 20 +4.42 Stock prices turned narrowly mixed in active trading as the market tried to shake off pressure from bonds failure to rally on benign inflation news. The Dow Jones Industrial Average, which rebounded 46.69 points to a new record high 4,727.29 on Wednesday, was ahead 4.42 to 4,731.71
        785 words
      • 231 20 +4.45 Stocks edged higher in moderate early trading with gains in several resource sectors restrained by sagging bonds, analysts said. The TSE 300 Composite Index was up 4.45 points to 4,714.76 on volume of 15.30 million shares valued at C 5183.00 million. Advancing stocks outnumbered declines 206 to 168,
        231 words
      • 253 20 1.8 Swiss shares closed little changed. The market was underpinned by a cut in the Swiss discount rate of half a percentage point to 2.5 per cent in early trade. But prices tumbled after the Bundesbank left German discount rates unchanged, pulling the soaring dollar down again. Profit taking
        253 words
      • 406 20 19.2 South African shares ended broadly firmer as early strength in bullion and a strong run on Wall Street overnight buoyed sentiment, but concern about prospects dragged them off highs by the close. "There is room to come ofT, especially if the Dow falls," a trader said. He said
        406 words
      • 276 20 +2.41 Dutch stocks closed at the fourth record-high in five days, though gains were pared after the Bundesbank left its key rates unchanged. The dollar's decline and the lower opening on Wall Street also pushed stocks lower during the afternoon. Still, gains of more than 2 per cent in
        276 words
      • 119 20 1.37 Swedish shares closed slightly higher after the Bundesbank left key interest rates unchanged. The OMX Index gained 1.37 points to close at 1,365.90. "There was massive disappointment. Many had speculated that rates would be cut and bought shares. Then there were no buyers," one broker said. "The air
        119 words
      • 819 20 Britannia Funds Sterling Cash Bid Offrr Mim < ap Deposit 38 6400 Ml 6500 Mim Jersey Gi* 0 1893 0 1992 Mim Max Income *0 9300 *0 9*00 I S$ Cash Income Plus Fund 10 5400 III 100 PS Reseoe Fund 5 5200 5 5300 Sterling Lquit> Euro Performance .0.4592
        819 words
    • Article, Illustration
      2965 21 Bloomberg Business News HONGKONG Stocks rose to their highest levels this year on optimism that interest rates in the territory will follow US rates lower, boosting corporate earnings. Property and bank stocks, which benefit from lower interest rates, led the index higher. Hopewell Holdings rose on news that it
      Bloomberg Business News; Source: Bridge Info  -  2,965 words
    • Article, Illustration
      613 21 CLSA IN Hongkong, the H share index lost 18.02 points to 1,182.94 on turnover of HKSII.S million. The biggest losers were Kunming Machinery, down 3.8 per cent and Shanghai Petrochem, down 2.9 per cent. The Shanghai B Index fell 0.1 per cent on turnover of USS2.4B million'. Refrigerator Compressor,
      CLSA  -  613 words
    • Article, Illustration
      2524 21 Bloomberg Business News TOKYO Stocks ended a seven-day rally on concern that the sour domestic economy will reduce corporate earnings. The Nikkei Average slid 100.07 points to 16,505.67. The Nikkei 300 Index dipped 0.96 to 245.94. The Topix Index declined 3.69 to 1,322.10. An estimated 601 million shares changed
      Bloomberg Business News; Source: Bridge Info  -  2,524 words
    • Article, Illustration
      1773 21 Reuter BANGKOK Stocks finished lower while the market waited for the Chart Thai party's Banharn Silpa-archa to be named prime minister. The SET Index closed down 10.80 points at 1,456.31 on active 14.3 billion baht turnover. Declines led advances 223 to 111. All the 10 most active stocks were
      Reuter; Source: Bridge Info  -  1,773 words
    • Article, Illustration
      1187 21 Reuter JAKARTA Share prices ended mixed in moderate trading, with players sidelined in the absence of fresh factors. The Composite Index rose 2.31 points to 509.54. Light local speculative buying was noted in second-liners while foreign players were relatively inactive in line with the generally soft tone of the
      Reuter; Source: Bridge Info  -  1,187 words
    • 2330 22 Cr Ck |9t$ Im Vol D«y Let ipmr IM» Ut» VH N«« M (f High Loo Sale (WO) ll«b Low Bayer Srkr Or P/K Smil MALAYSIAN STOCKS 47* I rn MSB su. 400 *2 26* 404 398 400 402 30 -2.9 0 2 410.2 127 .'7.5 AMI* 50c
      2,330 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 6865 22 Bloomberg Business News KUALA LUMPUR Stocks were mixed as investors shifted from blue chips to smaller firms believed to be considering new acquisitions or share issues. Investors are less inclined to buy blue chips than two weeks ago because prices have
        Bloomberg Business News; Source: Bridge Info  -  6,865 words
    • STOCK EXCHANGE OF SINGAPORE
      • 9121 23 I Gr «.r M Wt 19*5 |jj| Vol l>u> IjsJ Quote Di» Bh VU Ncl Cay Ai| High Laa („m(wn< Sale ("000) High li» B«>er Seller Or P/E Sail Price INDUSTRIAL AND COMMERCIAL 498 382 mi f Vnu 5ft. 4*8 2 41J 492 4*» 486 4X8 22 5 5* 2.J
        9,121 words
      • 1860 24  -  By Paul Leo SINGAPORE Local shares ended mixed yesterday as an early morning rally succumbed to profit taking. The Straits Times Industrials Index rose in the first half hour of trade to a high of 2,190.34 on the back of a rally on
        Charts by Bridge Info; Source: Bloomberg  -  1,860 words
  • Page 13 Advertisements
    • 222 13 NEWS VALUE Haw Par wins Indian test case on Tiger Balm fake (pg 1) Big potential gains in the longer term. BOi acts to restore Japan's asset prices (pg I) Tokyo stock prices likely to continue rising, but sustainable only if underpinned by economic growth. Home rentals down 5% in
      222 words

  • Page 14 Advertisements
    • 206 14 FOR SALE ESTABLISHED lATA TRAVEL AGENCY We are a well established travel and tour agency in Singapore with good track records and high annual growth in terms of ticketing and tour packages sales. The company's business in ticketing enjoys the confidence and continuous support of big names in MNCs in
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    • 109 17 Richly decorated plasterwork. Deftly painted in pastels. A tradition of colour, captured in a uniquely Singaporean hotel. —s —5 —c SINfiAPORF oINU/YI VJI\L Middle Road. Bugis Singapore 0718. i e i. (65) 338-7600 Fax: 338-7366 Adelaide 8.1. Bangkok Bombay Colombo Jakar.a Manila New Delhi Seoul Shenzhen Singapore Sydney Tokyo Yokohama
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    • 49 18 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words

  • Page 19 Advertisements
    • 149 19 I With a worldwide team of 125 multi-disciplined I I professionals and a network of international offices, 9 OCRA provides confidential and cost effective company 9 formation in all the major low tax areas including: t I •BRITISH VIRGIN ISLANDS "CAYMAN ISLAND I I •MAURITIUS JERSEY I 9 •SEYCHELLES -WESTERN
      149 words
    • 20 19 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words

  • Page 20 Advertisements

  • Page 21 Advertisements
    • 136 21 Above Beyond Pt* Lid 1 Maritime Square W2-101 Expo Gateway Td Z72HIM2 CortiM Watdi Cirtl P»« Ltd*) I ~/Y J 36 Baffle* City Shopping Centre Td 33W185. »1-32 Lucky Plaza Td Z35U084 Daluu Eaatern WitdrPt* UdMl-18/ C. 20Centrep«<ntTd *****3#. Jewellery Industrie* »S»P%« Ltd 44 Alexandra Twrace JIS Bid# (Off Pa»ir
      136 words


  • Page 23 Advertisements

  • Page 24 Advertisements
    • 439 24 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND KAH TAT PTE LTD (In Membert' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 30 Jalan Sultan #21-04 Jalan Sultan Centre. Singapore 0719 on 10th day of July 1995 the following Special
      439 words
    • 470 24 In the Matter of THE COMPANIES ACT (CHAPTER 50) AND In the Matter of PATCORP PTE LTD (In Members Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE 6 HEREBY GIVEN that pursuant to Section 306 ol toe Companies Act, Chapter 50. toe Anal meeting of toe members of toe Company wi
      470 words
    • 371 24 BUSINESS I I M E _S TOLL-FREE TEI.. No. 1-BQO-741-1883 I'AX:74I-1298 M THE MATTER OF THE COMPAMES ACT, CAP. 80 AND M THE MATTER OF EASTERN SOURCE SYSTEMS PTE. LTD. ~L t| n l,| -a, (in M#mo#rs voluntary i ||jug| At an Extraordinary General Moeting of the members of the
      371 words
    • 613 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HTY ENTERPRISE ft SERVICES PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company, duly convened and held at 24 Woodlands Industrial Park R, Singapore 2775
      613 words
    • 422 24 IN THE MATTER OF THE COMPANIES ACT, CAR 50 AND IN THE MATTER OF SIN HEAVY DUTY TRADING PTE LTD (Incorporated in the Republic of Singapore) Al an Extraordinary General Meeting of the members of SIN HEAVY DUTY TRADING PTE LTD duly convened and held al 45/5 Moo 4 Soi
      422 words
    • 596 24 Singapore Closing Share Prices 13/07/1995 cLOsa mv low miom Vist UM UM UM WW JanNn* Hrthtioit 8.00 7JO 7.90 8.06 1*6531 tenefc 3.32 3.30 3JO 3J9 Lwi Dairy Farm 0.88 OJI OJS 0.80 SH£S Hodfkonf Lm4 1.93 1.91 1.93 1.99 WMf lti!II 1.10 1.09 is 1.11 jMdhx 9U»flc HhiinU 99
      596 words

  • SHIPPING TIMES
    • 525 25 Knight-Ridder Reuter THE Baltic Freight Index (BFI) reflected the market's current near static position with a rise of three points to 1,945, but some brokers believed a gradual increase in levels may be imminent. Prospects for panamaxes have also triggered a short-cover-ing bout in the London BifTex futures
      Knight-Ridder; Reuter  -  525 words
    • 279 25 Reuter LONDON French ferry firm SNAT said on Wednesday it was leaving its Swedish partner Stena-Sealink and launching its own service on the highly competitive sea route between the English port of Dover and Calais in France. SNAT said it was leaving
      Reuter  -  279 words
    • 255 25 Reuter DURBAN, South Africa South Africa's state transport network Transnet and labour unions ended "fruitful" wage talks on Wednesday as the country's busiest port remained at a standstill three days into a strike. But no final decisions were taken in the negotiations
      Reuter  -  255 words
    • 323 25 SES '000 Jul 13 S$ Vol CWT Distribution 1.66 +0.01 40 Chuan Hup Holdings 1.22 unch 47 Cosco Investment 1.73 +0.01 71 Cosco Investment A 1.74 Far East Levingston 7.00 -0.05 895 GB Holdings Ltd 0.77 -0.01 1 Hai Sun Hup Group 0.90 -0.015 522 Hitachi Zosen 0.95
      323 words
    • 487 25  -  Two rivals for top container port position do not compete for same cargo By Rahita Elias SINGAPORE Hongkong trails behind Singapore in the first quarter in the race to be the world's busiest container port, but it may still
      487 words
    • 218 25 Bernama-Kyodo TOKYO South Korea is certain to overtake Japan as the world's leading exporter of ships again this year as the strong yen has made Japanese shipbuilders less competitive on the market, industry analysts predicted yesterday. South Korea replaced
      Bernama-Kyodo  -  218 words
    • 115 25 Bernama KUALA LUMPUR A Malaysian company, Transea Sdn Bhd, on Wednesday signed an eight-month contract with the Culture, Arts and Tourism Ministry to undertake underwater archaeological excavations of two Dutch and two Portuguese warships which sank at Bambek Shoal, off Port Dickson, in Negri
      Bernama  -  115 words
    • 273 25 Reuter JAKARTA Government action has eased chronic congestion at Indonesia's main port in Jakarta after foreign shipping firms said they were considering imposing surcharges due to long delays. Transport Minister Haryanto Danutirto said efficiency had been increased at Tanjung Priok port, paperwork
      Reuter  -  273 words
    • 291 25 Bernama KUALA LUMPUR The Klang Port Authority, which manages Malaysia's premier Port Klang, is looking for a new site for future expansion to handle port activities for the year 2020 and beyond, a seminar was told. Chairman Michael Chen said the authority has identified
      Bernama  -  291 words
    • 241 25 SINGAPORE American President Lines (APL) christened its two latest CI 1 class containerships on Wednesday. The APL Korea and APL Singapore were launched at the Daewoo Heavy Industries shipyard on the island of Okpo in South Korea. Speaking at the christening ceremony
      241 words
    • 1054 26  -  Japan's busiest port is fighting back courageously after January's devastating earthquake. Florence Chong visited the city recently and reports on the three-stage plan to rebuild Florence Chong THE port of Kobe, devastated by the earthquake in January, is struggling back to normality. With cargo
      1,054 words
    • 498 26 Pa*? ABC Cont 16 •ANL 3 •APL 12 AMc 7 Accord 8 •Ahlcrs 6 •Ahrenkiel 4 Antaco 13 •Appenship 4 Arowana IS Astro 8 Austral 9 Avant 6 B'tang Mas 12 BSA 9 BTL 16 Bangladesh 12 Batamindo 7 Bengal Br IS •Blue
      498 words
    • 10767 34 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the bIA at the destination. The page number refers to the location of the schedule advertisement. ETA ETA MvtrttMf Vtml Voyage pj E $1 Bnra Nmm Nmm to. s
      10,767 words
    • SHIPS IN PORT
      • 1709 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/BjUnce Rdts Ship Voy Ho Etb/Btr Period frarn To From Ac. Qo»er 002B 15/2359 1A 13/1500 13/1659 13/1900 IB 13/1500 13/1659 13/1900 3 14/0700 14/1159 14/1400 4 14/1200 14/1459 14/1/00 Ac. lade 24/A 16/1500 S 13/1/00 14/0659 14/0900 4
        1,709 words
      • 667 43 Vessel Voy Wo Befth ftfrivai Departure Jurong Port (BT) Halo moan J1 alongside 14 07/2300 (BT) latum J1 alongside Owi Guna 07/02/95 J12 alongside 14.07/2300 fa Chun No 6 01/95 17/8 alongside Hetv 07/04/95 J10/11 alongsale 14.07/1300 Her eke 4 06/95 J17/18 alongside 14.07/1700 Jmi Hwei No
        667 words
      • 802 43 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated The Cockett Bunker Price Index change and the individual
        802 words
    • Air & Land Transport News
      • LOG BOOK
        • 74 44 Knight-Ridder HONGKONG Hongkong's Mass Transit Railway Corp has estimated the cost of developing the new airport railway station in the central business district at HK$4O billion (557.2 billion), a spokeswoman said yesterday. The estimate includes land premiums, construction costs, financial charges and other professional
          Knight-Ridder  -  74 words
        • 82 44 AFP KUALA LUMPUR Malaysia's first electric train will be fully operational by Oct 30, Transport Minister Ling Liong Sik said on Wednesday. The project has been delayed by almost a year due to a technical snag. The Msl.s billion (SSBSS million) project,
          AFP  -  82 words
        • 44 44 AFP TOKYO The new Toyota electric vehicle (above) based on the RAV4L model, handed to the Tokyo metropolitan government on Wednesday for further research and development. Specifications so far include a maximum speed of 125km/h and maximum power of 45kw/2,2600rpm. AFP
          AFP  -  44 words
        • 77 44 KnightRidder JAKARTA Indonesia's Batam airport is set to rival Changi airport in Singapore when it goes into operation by the end of the year, chairman of the Batam Industrial Development Authority BJ Habibie said yesterday. Mr Habibie told reporters in Batam, just south of Singapore,
          Knight- Ridder  -  77 words
      • 64 44 Reuter MANILA Philippine airports are safe and security concerns expressed by the US have been addressed. Transportation and Communications Secretary Jesus Garcia told Manila radio station DZRH yesterday. The US Federal Aviation Administration released a report last month saying that supervision by Manila's Air Transportation Office
        Reuter  -  64 words
      • 335 44 Reuter JAKARTA Indonesia, seeking to boost tourism, will open its skies to more foreign airlines and has set a target of seven million foreign tourists in the next five years, the official Antara news agency said. "We will invite British
        Reuter  -  335 words
      • 258 44 AP WASHINGTON Head of Federal Aviation Administration (FAA) David Hinson will announce a thorough review of how the FAA regulates, certifies and inspects the aviation system. The nine-month review also will question every major FAA regulation, some of which date to the propeller era,
        AP  -  258 words
      • 284 44 NYT WASHINGTON The Clinton administration and the nation's major airlines will announce an unprecedented joint venture to develop a quicker and more accurate satellitebased data communications system for the global industry. Both sides say the new gov-ernment-industry corporation, ATN Systems
        NYT  -  284 words
      • 218 44 AFP TOKYO Japan's Nissan Diesel Motor Co Ltd will set up a joint venture with Dongfeng Motor Co of China in Zhejiang Province, China, by the end of this year, the Nihon Keizai Shimbun reported yesterday. Major Japanese trading house Sumitomo Corp
        AFP  -  218 words
      • 211 44 Bloomberg Business News SEATTLE Boeing Co expects to resume flight-testing its new 777s powered by General Electric Co engines next week more than a month after the twin-jet planes were grounded because of problems found in the engines. Even with the delay
        Bloomberg Business News  -  211 words
      • 1526 44 AIRCRAFT ARRIVALS DEPARTURES cm r nm ra nm n» ktm MnW QW70 2135 SQ227 2230 IkMltmitM KL837 I4S0 K1844 0110 SQ327 1530 KL838 2300 S0026 2355 Atkmn SQ348 2250 Auckland NZ073 1605 SQ285 2045 SQ288 2040 NZ074 2340 1M Bmmma BM21 1105 SQI82 0915 SQ18I 1410 BI422 1210 B429 2030
        1,526 words
  • Page 25 Advertisements
    • 32 25 WEEKLY LCL TO: Algeciras Las palmas Barcelona Madrid Bilbao Tenerife Ceuta -Valencia Kobe's dogged hop, step and jump: Page 2 Jakarta will open skies to more airlines to boost tourism: Back Page
      32 words
    • 379 25 The Aft of making money is first having ,he Craft lit SHIP FINANCING CALL US AT 2230 3 5 5 MAKINO IT WITH TOW J ©DBS FINANCE I Head Office 112 Robimon Road, D6S Finance Building, Singapore 0106 STRAITS/AUSTRALIA CONFERENCE Rate Restoration Introduction of Terminal Handling Charges in Australia The
      379 words

  • Page 26 Advertisements
    • 1489 26 I NORTH AMERICA I OTHER DESTINATIONS I I NORTH AMERICA DIRECT CALL TO WEST COAST (BCX) WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) SINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) wsa Ivor Ira solnv sol u|om Ivalsul m|w»|ok| «t |«mco'orr wssa vot so Ko»rcAi|»A4*oA|4UßMWßmi»AhcAi*aA|sA*io«Bßo|*tA*mAkAUMC«uz|ACArmo wa vot lqsmobis ottum vmmm sonu
      1,489 words
    • 196 26 Lines and services represented by Members of the Registry of Accredited s Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089 J0 |)k IS' Don P.Keiana Loading For. 1 WORLD AJAX 18/07 21/07 HdrVAtw/UK/Nantes I EUnOSTAR 18/07 RdrrVAtwAJK/Nantes I Loads EJW Matayma, Indonesia 1 I
      196 words

  • Page 27 Advertisements
    • 1111 27 WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0511 BOOKINQffMQUIRIES Cft NO: **********0W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP VESSEL VOT SM ru SMETD DESTINATION y*UY 10/95 17/07 19/07 nAJU/MLBNNK •K MAI I |/95 11/07 7Q/07 PWfTIAMAH/SIIITFn SUK ROW 1/95 11/07 20/07 KEM&KULU/PADANG SO* ROM 1/95 11/07 20/07 JAXAfIA/PUMNG
      1,111 words
    • 1487 27 EXPORT TO: TO: JEDDAH/UK/CONTINENT IVKSH VOT SIN JED R'DAM H'OURG I'HAVEN SIM LEH ALSO ACCEPTING CARGO FOR: LA SEINE 3255 17/07 27/07 10/00 09/00 06/00 07/00 GLASGLOW GRANGEMOUTH BUNGA PELANGI 1205 21/07 06/00 00/00 10/00 12/00 «yn caiitu'cuih n< NEDUOYD AFRICA 3295 25/07 04/00 17/00 16/00 13/00 14/00 A U
      1,487 words
    • 806 27 HANJIN SHIPPING [roavtssa vot j* —«oporosa sa_ tv» ppiH I raaassa vot 5 ooTWvtssa vot aw wrt] —U—l— >jj|_ a/07 jgg io/» n/a 12/ot pbbhobbm oos 21/0 7 nooacaaio wsi 74/ a gg 27/00 MMBII M« P/W 1// M 11/0* U/a WMIMi 1531 H/17 «LOBBU Kg 31/00 11/H H/W WMWHUCTOW
      806 words

  • Page 28 Advertisements
    • 1251 28 ygsa I VOY SINGAWtt JEDOAH *QA»A~ SOOTHAMPTOW HAMIUKG IQTTttMM U(mV liHAVtt ■mycci oa/in iV7 30/7 i!ZZ U HQMfiTgWBS MIL W 2kZ M M 5A 24 jd M— ST"** w rm-^rz nn-iMii li/iw M/ 7 ii/l 135 14JI !iZ! M MtSDBIEXWKS ?V3T> */7 l/l !S? j?J }j£ LIiOWGSHAftM EXWttSS M» V*
      1,251 words
    • 1396 28 I NORASIA jl VESSEL voy sin alo las bcl val ham bre rot ant fel lma NOR SHARJA* 9528 3 IM7 0808 04.08 13.08 1440 12.06 1340 1348 1446 1548 17/08 SI MOTIVATOR 529W 2U7 ISfl UM IIM 2tN 1M 2W 2IW 21i» 2» 2W StA INITIATIVE MOW 0246 2248
      1,396 words
    • 653 28 JAPAN/HONQKONQ/BTRAITB REGULAR SERVICE LOADING FOR PORT KLANG/PENANG VtSSEL VOY S PORE P CUPAN6 I PKG I PtW KALLEM 22 SID I* W PAMDORA 21 IS JUL 17 JUL RAMON ABOITI2 1 17 JUL HJUI KEW SUH 2 21 JUL 23 JUL 25 JUL SUN BRIGHT JO 22 JUL JUL IMB
      653 words

  • Page 29 Advertisements
    • 1207 29 Hf STRAITS SHIPPING PTE LTD 10 Hm Chiaaf Road *11-01 Keppel Trams SiNiapora 0200 T«l: *****80 Fax: *****17 mmnn /jrogK (a service of china navigation co) cargo ooe sails xSZEr v CJMAGAM-32 V96OK MMT* 15 *17JM10 JM 10AM pp. in mmf 1MBWIIIHI» WIUM 10»fUl 111 Wl STRAITS HOP€ V9606E Mm,
      1,207 words
    • 2380 29 P&O Containers (Singapore Agencies) Pte Ltd O 10 Hoe Chiang Road. #07-01 Keppel Towers, Singapore 0208 ■■Pk First Class Connections WORLDWIDE Tel: 225 2233 Tele*: RS ***** PNOCSP Fa*: 225 5327/222 7517 m CR Number *****9 *****/. EXPORT IMPORT uAH (Bum •aan mm mi aitt HOT QOT BMC LCH VESSEL
      2,380 words
    • 505 29 OUTBOUND PBL_ PEN JOH SM HKG MO TAI Kg YOK TOK NAG KOB OSK MU MS WAN HAI 223 AMI 4 (7«7 OMTT OM7 18-11*7 15*7 H*7 I«*7 21*7 25*7 21*7 27*7 25*7 MAN HM 211 Ml W*T 11*7 15*7 13-14*7 11*7 "ItjT" 21*7 23*7 2t*7 27*7 2**7 27*7 MAN
      505 words

  • Page 30 Advertisements
    • 1209 30 I EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA I I nnu HBG ruf AHW LHV LHV ANW THP HBG RDM PKL S6P |l I F pfnfrai RW 042 117 6* 7* 9/8 7/8 I GIFTED RE 060 19/8 22* 20/6 23* 21/» 18/7 2W7 I F 22/7 11* 13* 15/1 12/8 16* I GENIUS RE 056
      1,209 words
    • 802 30 PERSIAN GULF SERVICE I BvfSStL vm SGP DUB ABU 555 UH KM BAB uNCOMXRT OSMI7W "«7 27*7 2M7 2*17 3M7 JM7 JM7 Hum concord <bv a?rw n«7 JM7 «7» nm nn omj ow» Hum CORONA HMSK Ml IJWi 14*1 'HI I*2 J}JJ lImONWARO 0354-014* 13*8 24*8 25*8 27*8 vm U
      802 words
    • 575 30 rm RICHFIELD MARINE AGENCIES (S) PTE LTD V TEL: *****33 (12 UNES) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Unas) CR NO: **********0E \m ETHIOPIA* SHfPPfNfi LWES (National lioes of EdMopia) ACCEPTING FCL AND CONVENTIONAL Vnml Voy ETA Loading tor Spore Mombasa. Dvtxx/6 AbtoayWonz 44W8 21/07 Mawawa Abyot 41WB 0BA»
      575 words

  • Page 31 Advertisements
    • 2350 31 WEEKLY SAUMTO SOUTH AFRICA EAST COAST SOUTH ANBtiCA rnCTMO 9UIPPIUR PTF ITli Fsi: (Btatrtl): tMIIti Cuflitr 4T*st4l/U4 CmtHam *rt M 4t»ssU Oftrillit CfUfH 4M7IS COSTAR SHIPPING PTt LIU wiiuu tosmr c.,r»nm/ «uu< o/o "J" CK JM *****19 MM Fir *****U IflltHlt tit Oft *tti7U ***** M Oft l/'f Tmmt2 UCH
      2,350 words
    • 646 31 I /i FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 y HOT UNE: *****33 (30 UNES) GOTHENBURG/SCAN 17/07 ROTTERDAM 17/07 AARHUS/COPENHAGEN 17/07 HAMBURG/BREMEN 17/07 MARSEILLE/FRANCE 23/07 FELIXSTOWE/UK 17/07 BARCELONA/SPAIN 19/07 LEHAVRE/FRANCE 17/07 GENOA/ITALY 16/07 AKTWERP/BELGIUM 21/07 LOS ANGELES/WC/IPI 21/07 SYDNEY/MELBOURNE 15/07 NEW YORK/EC 21/07 FREMANTLE/ADELAIDE 15/07 VANCOUVER 21/07 BRISBANE
      646 words

  • Page 32 Advertisements
    • 1087 32 I vessel »o» I m K._,. i m T w m I WANA BHUM M3S St IV7_ Wed J9/7_ VWOJA SOW sir" 15/7 Son I*7 VESSEL VOY SIN B NAWA BHUM 02S Sun 16/7 _Thu 20/7_ BH f S Tmn Tim 18/7 Wed 19/7 NANTA BHUM 2S3N St 15/7 Tue
      1,087 words
    • 902 32 79 ANSON ROAD, *21-01, SINGAPORE 0207 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANG PEHANQ VESSEL VOY SHI I PKL VESSEL I VOY I SW I FBI SEA LAUREL 404N 13/07 THU 14A)7 FRI LHOTSE 5039 12A37 WED 14/07 FRI EAGLE MOON 092 A 1107 THU SAT XOURJAYA ***** 14/07 FRI
      902 words

  • Page 33 Advertisements
    • 679 33 BSA itTI Mk MYANMA pDBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore PKIg PEN PGdg MYOMAYWA VIS6W 20/07 PATHEIN VI33W 25AJ7 MALAYSIA AGENTS 80USTEAD SHIPPING AGENCIES KUL TEL 02-03-*****00 PKL: TEL 02-03-*****01 PEN: TEL 02 04 *****02 PGO: TEL 02-07-*****21/4 NIGERIAN NATIONAL SHIPPING LINE SPORE FOR
      679 words
    • 861 33 I PACIFIC INTERNATIONAL LINES (PTE) LTD I <SSSBSBSf 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CR NO: **********06 IvUUL VOY SIM CMS JIS MOO JKO AOJ ADS MUK PIU BNSW ASA KOTA SSMJAN SRL33P IS/7 23/7 30/7 1/8 3/S S/S 8/S 10/8 12/8 14/8 18/8 KOTA MAJU
      861 words
    • 839 33 ICR NO: *****66Q000Z VESSELS VOY SIN LE HAVRE HAMBURG THAMESPORT ROTTERDAM ANTWERP VILLE DE CAPELLA TIOW 17/07 08AM 10/06 12/06 13/06 14/06 VILLE DE LIBRA UOW 2S/07 IW> 17/06 19/06 20/06 21AM VILLE DE NORMA NKJW 01AM 22AM 24AM 26AM 27AM 28AM VILLE DE CARINA CIOW 06AM 2S/06 31/06 02/09
      839 words



  • Page 36 Advertisements
    • 1893 36 AS AGENTS: "K M UNE (SINGAPORE) PTE LTD (CR NOI244S73BBBBHGST HK NOIC-8H739M) K44 MM ft TEL *****77 TELEX: KAWAKIRS23I66 FAX: *****16/7/8/9 W TTkTI? MALAYSIA: tl" UNE MARfTME (MALAYSIA) SON BHD 1 Hj TELSASSO24OO PK*****75 PEN *****20J*****101 PGU J9i I A A INDONESIA: P.T. SARANA LAUT tHIUINUSA, TEL JKT *****08 M
      1,893 words
    • 1534 36 AMERICAN PRESIDENT LINES, LTD. IKEPPEL ROW «Cg-Q1 JIT PQH BUUMNG SNGAPORE 0208 MAIN UNE *****66 CUSTOMER SEPVCE 225Q225 FAX 221*322 EAGI£ VOCE CFS *****59 TO NORTH AMERICA CANADA WEEKLY CONTAINERIZED SERVICE tsttLwrog I rt> im |r»I jn aw huna/vot** ihalot iomlwhichi i om. l mou i«i _gg.—^--7=- MJCMMMH V1«1 1««7
      1,534 words

  • Page 37 Advertisements
    • 668 37 (A WHOU.Y-OMMH) SUBSUARY OF NOL) Official Afoot of; CpahmOP (SEA ft AIRFREIGHT) INTERNATIONALE SPEDHTON MAINLINE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETD ETD COLOMBO 20/07 21/07 CHfTTAOONO 21/07 31/07 CALCUTTA 17/07 21/07 BOMBAY/VMW DELHI 24/07 31/07 KARACHI 18/07 24/07 19/07 21/07 USA/EUROPE ETD ETD USA (ALL INLAND POINT) 17/07
      668 words
    • 1781 37 JTMedMoyd EXTRA SAILING TO WEST AFRICA ngsrsi T Nedlloyd Lines NIL MAURITIUS/5412 ete Spore 26/7/95 '@'141 CR **********0R Pen(F) Pfu(Fl Sin Pkg *>d Sou Uti Rtm km' Ham Orti Mam Sou Br«(l) Rtm(2) Left Pkg Sin IA VINE /3285 15/7 15/7 17/7 18/7 27/7 6/8 7/8 10/8 11/8 9/8 DANUBE
      1,781 words
    • 376 37 SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Unes) FAX: *****05 CR No.: *****8 200 OOR Y.S.N. LINEM.IJJIItI.BM.J.I.IIJjI.I.'UH.I.IMUJJ.ILiAIJ.IIIIJJ VESSEL VOY HOMW SINGAPOM I PKLAMG PfilAM Sta> Rudy 11 SID SLO IH n™ Ytmli On 175 SLD 13-14/7 15-11/7 Sm Ratw H 1H«/7 29-21/7
      376 words

  • Page 38 Advertisements
    • 1443 38 ■□rf/HiHU'ija MAERSK ENHANCED SERVICE TO EAST COAST SOUTH AMERICA MAERSK ANTWERP V.9508 ETA SIN 17TH JULY 1995 m E= DESTINATIONS cra-'wOIOOWB CFSW7 'oSoOHRS ATI BAA- CHS CLZ LOB MB* »*A NYC OAK PH. OQ METTE MAERSK 9606 18/07 19(07 13/06 IM6 17/06 2MM 07/06 15/06 3MN 0M» 1 1MB 23/06
      1,443 words
    • 657 38 TO E. CANADA US ATLANTIC US GULF LOAUNG VOY SPORE PXELANG* HAiJFAX N YORK NORFOLK N. ORLEANS SAVANNAH TAMPKX) HOUSTON HOEGH RMRANOA 0730 28/27 JUL 20 JUL 9 SEP 12 SEP 13 SEP 21 SEP 7 OCT 25 SEP ®SB> HOEGHOENE 0330 18/19 AUG 12 AUG 30 SEP 2 OCT
      657 words
    • 508 38 tSQ PHILIORKNT V** UN€S PT€ LTP ®TEL: *****00 (16 LJNES) P. KELANG 03-*****06 nrmm 04-*****6 AUCKLAND, WELUNGTON, LYT7LETON, 17 JULY I NAPIER, CHRiSTCHURCH, NEW PLYMOUTH I ROTTERDAM, HAMBURG, ANTWERP I AND ALL INLAND DESTMATIONS WTTHW EUROPE 17 JULY I KOBf, TOKYO, OSAKA 18JULY I BUSAN, MANILA, BANGKOK, P.KELANG, 16 JULY
      508 words

  • Page 39 Advertisements
    • 809 39 b a a a a m Trans-Link Express Pte Ltd I I KA ACC I Singapore L. I |V| 1A L FIRST FORWARDER IN W ■Mm fT W W ASIA AWARDED ISO 9002 BY LRQA LCL consolidation including onforwarding to Alexandria, Beirut, nr^*l Lattakia and Haifa I B oil Call
      809 words
    • 1533 39 «SJa gggi —PjjUNfi_ L» at- =-"5b JSL_ _SS«_ Jffl «L_ Jffll jjgj_ P—zy rrg MS ELK 3275 10 07 1107 ll.tr 20 07 SO 07 till K M M.H 11.11 MS MOSEL mi M* HIT 14 07 17 07 t1.17 KIT MS RHINE 1275 1407 13 07* 1! «T OIK
      1,533 words
    • 408 39 BSI MfIIwSfIgHgIIIIMPKCiMiVJ[MPI ■Bfc "JOIMTLY OPERATED BY pl\ ATLAS LINE, CHIHAGONG KMTC LINE, SEOUL Mm (ATLAS SHIPPING LINES LTD) (KOREA MARINE TRANSPORT CO. LTD) FAR EAST -BAY OF BENGAL CONVENTIONAL REGULAR LINER SERVICE Vmml V»y Sin CMttafoag Moafta WYHSUI 004 20/07/»S vlwv> 30/07/15 HUMtCTIM 105 67/W/W IVU/tS !7/M/»5 —I TM 004
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  • Page 40 Advertisements
    • 360 40 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOV W 000 KOTA MUTIARA KIUTOJI 17/07 M/ 07 SEA GLORY OU*>«7 IS/07 *7/07 SUgAK SOS 22AJ7 SOW Imekhawkkuwako mkotw n*n os/os ham HOCHIMINH/tiAIPHONG VESSEL VOV SIN MCM HPH PIONER KJROI 04SVS6 3007 "JJ PIONER KIAOi 065V96 01/ OS
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    • 110 40 Mill SIM FAR EAST 18n KEELUN6/KAOHSIUNG 16/7 BANGKOK 16/7 MANILA/CEBU 16/7 JAKARTA/BELAWAN/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 OALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE7UK 16/7 LDN/FLX/LVP/SOU 16/7 ROM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIM USA/CAHADA 16/7 LOS
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    • 428 40 STAR SHIPPING AGENCIES (S) PTi LTD I AQMNTSFOft ZIM CONTAINER SERVICE GOU) STAR LINE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (8 LINES) FAX: *****70 hk *****12 (MARKETER*) (CR NO-**********0^) N. AIHERKA/CARBtEAN SO VICES Si MM Ivor IMI |MMMB m PT w 2M6BKM IJH 17/7 U»aa4a iw MM m u/jLßßimm W
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    • 409 40 I VESSEL VOY TIGER CAPE 348N 17-ia«7 23-2607 31-01/08 I TIGER ISLAND 349N 26-3CVO7 03<&08 I TIGER BRIDGE 3SOM 24 2M)7 3C-OZ/OB *****8 I TIGER BAY 361N 27 2907 02-06*06 KM2/08 I TIGER CAPE 362N 31-01AJ6 *****6 14 IMM I TIGER ISLAND 3S3N 03-05AJ8 *****6 17 19*06 I I" VESSEL
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    • 234 40 m m fk« mbj tro ma urn C VEROLMEMt Dm HW VM MnwtnpcH m itm nm mm mm nm urn EUiN MUONS Ml WO SMI TIM Vm »VW mussel ju t%m tint w« 11/11 mi Auckland wi tm en mm cm rm mm. c giung nm gg iiw I*l no
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  • Page 41 Advertisements
    • 343 41 FOU» TIMtS/ Wtm SAILINGS: P. GUPANO/SINGAPOBE SOUTH lOUND Ytaa 1 VOY P6UCM6 S» pmusikv 4ins r<,D; fn ivo; m BIMASMV 411& SAI W WW PMASIMV 4113S 17/07 MOW 'I/O? HI BMUSIMV 4114S H/07 OH) WD BJMASIMV 4IISS 20/07 W) M 7 mum sum y 4114s 72/07 sat n/o? sum NORTH
      343 words
    • 303 41 ImwrnlMMitoMkl PULL CONTAINER SERVICE PROM SIN TO MADRAS VESSEL/YOY ETA SIN ETA MAA KOTA JADE V JADO79 14-IS/07 19-20/07 PRAVCHNSK V 22 IS-16/07 20-21/07 SEA DRAGON VDRGOB3 16-17/07 21-22/07 TIGER CAPE V.348N 17-18/07 23-24/07 PESTOVO V.19 23-24/07 28-29/07 TIGER BRIDGE V 3SON 23-24/07 28-2W07 PRIVOLYE V.23 25-28/07 30-31/07 KOTA JADE
      303 words
    • 293 41 XBX NEO SHIPPING HfH AGENCIES PTE LTD fcfc *****29 fox: *****59 WEEKLY full /LCL CONVtMUQNAL SfEVKE Hoiphong 6 Days transit Lowing July 2) Aug 02/14/74 Ho (hi Minh 3 Days transit Loading July 14/21/21 Aug 4 Bombay Modras loading July 14/21/21 Aug 4 Korochi Loading July 14/21/21 Aug 4 Colombo
      293 words
    • 763 41 H 'OOCL HOPE 39W' ETA SGP 22/07/95 I BjS H ETA RDM 07/08/95, FLX 09/08/95, I f |l BRE 10/08/95, LEH 12/08/95 I EXPORT 1 SIIIQA>OII«CAIJFOW«UIXWtC»S(SC)[)TO;USWC-CAIUDA Vissa. VOT HH LOS OAK VAN SIT An CCO HOU MPH PIQ TOt MON CAUFOHNMk MEHCUtTY 7) 19/07 05/06 07/08 09/06 10/06 11/08 09/06
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  • Page 42 Advertisements
    • 796 42 AFGHANISTAN MAM Afghanistan Ltd., HkJH Hairatan, Torghundi, Islamqala (Doqharvn) Iwloclwl c. 1.5./ RUSSIA: Alma Ata. Ashkhabad, Baku, Dushanbe, I Irkutsk, Khabarovsk. Krasnoyarsk, Korsakov, Moscow, Mlinzef a MUnCn Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA
      796 words
    • 557 42 w A.MM CONTAINER LINES, INC iff MAC NCtS SPORE: UMtfl (24 UNES) njcMNG<nt)4M«a OX/VIJ SURABAYA:(W)29I6BO P.KTI AHQ:(oB>a—«77 JAKARTA: (21) MOBIO7 BANDUNG AGENT £3)430NM I ASIA HKfi/TWH/BKK I GENOA/EUROPE I PEN PK SIN PEN PKL SIN 5 SAIUNGS/WEEK 15/7 16/7 17/7 \MI 15/7 16/7 HKGAMUWEMCHH Piraeus 23/7 24/7 25/7 18/7 19/7
      557 words
    • 441 42 I STRAITS/JAPAN/STRAfTS SERVICE I I MULTI-PURPOSE RORO CARRIER I I SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS I I RAMP CAPACITY UPTO 50 TONS 8 M 1,...., I m i m LOMNHcrot II ijvtssa *oy sn n H I I MIMA It/7. lAMA 2S/7, I I MS** 43 13/7
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  • Page 43 Miscellaneous
    • 133 43 REGIONAL WEATHER LEGEND R Thunderstorm Temperature c X\ s^ ower Weother _X Wind direction with speed in knots *0 Cloudy Sky Wove height Surfoce winds ore indicated by arrows which fly with the wind One fu* circle represents colm or hght and vanable winds One half Heche represents 5 knots
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  • Page 44 Advertisements
    • 230 44 I NOTICE TO CONSIGNEE I I JAPAN/HONG KONG I JAPAN/STRAITS FREIGHT AGREEMENTS H H NOTICE TO CONSIGNEE El I TERMINAL HANDLING CHARGE IN SINGAPORE II Consignees are hereby informed that Japan/Hong Kong Japan/ si El Straits Freight Agreements have decided to revise the Terminal E9 I I Handling Charge (THC)
      230 words
    • 10 44 #TO CALCUTTA DELHI /ERY WEDNESDAY TO BANGALORE DELHI EVERY SUNDAY
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