The Business Times, 18 July 1995

Microfilm: NL20009
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES WE KNOW ASIA MITA(P) 194/12/94 Tuesday July 18 1995 85*
    12 words
  • Article
    Lock icon Dow up 34.87 points
    77 1 Reuter NEW YORK The Nasdaq composite index punched through the 1,000-point barrier for the first time ever yesterday, buoyed by sharp gains in technology stocks, resulting in an enormous fillip for the Dow Jones Industrial Average. At 2pm EOT, it was up 34.87 points at 4,743.69,
    Reuter  -  77 words
  • Article
    Untitled
    154 1 Monday dumf STII 2,***** -15.95 KLSEComp 1,072.60 -1.57 Nikkei 16,***** +324.77 Hans Sens 9,633.98 -93.98 SET Index 1,447.09 -13.92 Jakarta Comp „™..511.87 +3.61 Manila Comp —2,879.21 -2.93 Taipei WPI 5,429.4 -76.58 Seoul ConnD ...ckwcd Bombay BSE30 .3,385.02 +53.04 CLSA China B 802.51 +7.76 Aoat All Ord 2,103.6 -10.3 FTSE 100
    154 words
  • Article
    Manila data show plunge in S'pore investments
    588 1  -  From Al Labita in MANILA SINGAPORE investments in the Philippines plunged in the first five months of the year, while trade between the two countries also slowed. An official from the National Statistics Office (NSO) said: "Of course the reason is obvious. The
    588 words
  • Article
    Lock icon Ramos expects ties to normalise
    101 1 Reuter ISABEL, Philippines Pm-tJ.-i PtJ.a IT n IJ j .I idem rftOtf Ramos mm jtsurday he expected relations with Singapore to normalise with the resolution of their dispste over the hanging is Singapore of a Filipina maid. He told a news conference in Isabel tows
    Reuter  -  101 words
  • Article
    Robinsons set for return to KL after 20 years
    396 1  -  By Jenny Lam SINGAPORE Robinsons department store looks set to open for business again in Kuala Lumpur, some two decades after closing its Malaysian branch. Sources told Business Times that the holding group Robinson Co has been negotiating with KLCC (Holdings)
    396 words
  • Article, Illustration
    Lock icon Rise in investor optimism fuels 324-point gain in Nikkei
    495 1  -  Fran Anthony Rowley in TOKYO TOKYO stock prices jumped again yesterday by nearly 2 per cent, adding to their recent sharp gains, as the perception continued to take hold among investors that Japan's economy is beginning to reflate its way out
    Source: Bridge Info  -  495 words
  • Article
    Lock icon Japan's golfing green hits the blues
    144 1 Bernama TOKYO The number of people playing at Japan's golf courses in 1994 dropped for the second straight year as the economic slump continued, a business daily reported yesterday. The Nihon Keizai Shimbun attributed the decline to corporations cutting down on golf invitations to
    Bernama  -  144 words
  • Article
    Lock icon Petronas Gas could hit M$10: analysts
    396 1 Heavyweight regional IPOs Reuter KUALA LUMPUR Shares of Malaysia's Petronas Gas Bhd could hit MS 10 (555.70) when they begin trading around September, almost double the initial public offer price of MSS.3O, analysts said yesterday. There are rumours that leading brokerages are quietly advising
    Reuter  -  396 words
  • Article
    Bimantara commands 46% premium on debut
    325 1 SINGAPORE Diversified Indonesian conglomerate Bimantara Citra was the most active stock as well as the top gainer on its debut day of trade in Indonesia yesterday. Bimantara shares, which jumped to a high of 1,950 rupiah during the day, closed at 1,825 rupiah. This
    325 words
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      50 1 Property: pg 13 The changing face of Hoi Sun Hup ML Misunderstanding over H development of 'B Cosy Mansion site: «wK Is URA at fault in any way? pg 13 Zhu Rongji: The problem he leaves behind in the Chinese banking system, and the uphill task facing his successor. Pgl2
      50 words
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      17 1 Hock Lock Siew: pj'ji A boost for Amcol? Japan trade surplus dowa in first half; Pg 7
      17 words
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      13 1 9 sottjaALine: pg 14 Pac ma forum needs pragmatism 1 M'/-'- .#^9^I^H \\yK*
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      52 1 a Vorld's Smallest roanm Zoom AF •pact Comoro JHtOn ZOOM 310QD ighing mere 200g wrtti ihisbcated features in an a compact 117x63x36mm y with Macro and Panorama BEST BUY $423 Frwo cmss worth $40 Nikon Camera Centre Super Photo #03-26 Orchard Point Te1:737 4481/734 3816 Ramos clarifies maid prohibition policy,
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Port's cargo traffic up 6.5%
        307 2  -  By Rahita Elias CARGO TRAFFIC through the Port of Singapore picked up in the Tint five months of 1995. It rose 6.5 per cent year on year to 124 million tonnes, compared with year-on-year growth of 2.8 per cent in the first five months of
        Sourcs:PSA  -  307 words
    • Article
      New boutique hotel for budget-conscious business traveller
      201 2 THE restored Chinatown Hotel, off Neil Road, has joined a growing number of "boutique" establishments that offer elegant accommodation at much less than deluxe or super-de-luxe prices. The 42-room, three-storey hotel where all rooms cost less than $100 a night is aimed at
      201 words
    • Article, Illustration
      Parkview prices show Far East knows market is soft: analysts
      405 2  -  By Michelle Low THE Far East Organization will start marketing its 532unit condominium project in the Toh Tuck/Bukit Batok East area today at an average price of $612 per sq ft after a 10 per cent earlybird discount. Prices for
      405 words
    • Article
      New $27m auto centre will be hub for mechanics' training course
      315 2  -  Reports by Ven Sreenivasan THE NTCI Automotive Technology Course the most advanced training programme for the auto service industry here will be conducted by Borneo Motors Singapore at its new $27 million customer service centre in Leng Kee Road.
      315 words
    • Article
      Mature economy can still grow strongly, says Boon Heng
      326 2 THE Singapore economy can still grow grow strongly, although it has matured, Minister Without Portfolio Lim Boon Heng said yesterday. Speaking to reporters after the official opening of Borneo Motors* new customer service centre in Leng Kee Road, Mr Lim said
      326 words
    • Article
      Survey unit at technology forefront
      85 2 THE Survey Department of Singapore is making use of new technologies to enhance its services. Opening a South-east Asian and Australian Surveyors Congress yesterday, Minister for Law and Foreign Affairs Professor SJayakumar said the department has been upgrading its existing computer mapping system. This will
      85 words
    • Article
      AIA S'pore gets ISO 9002 award
      97 2 THE Singapore branch of American International Assurance (ALA) has become the first insurance company in Asia to get the ISO 9002 award for its quality management system. This award marks the extension of the Sisir (Singapore Institute of Standards and Industrial Research) ISO 9000
      97 words
    • Article
      Poly centre granted ISO 9001 status
      55 2 THE Centre for Quality for Ngee Ann Polytechnic will receive ISO 9001 certification from the Singapore Institute of Standards and Industrial Research tomorrow, becoming the first tertiary institution in Singapore to receive the certification. The centre conducts a full-time diploma course in quality assurance
      55 words
    • Article
      EDB unit to hold conference
      87 2 A PRIVATE arm of the Economic Development Board, Enterprise Promotion Centres (EPQ, is conducting a conference called "Industrial Land Now and the Future" on July 28. To be opened by Jurong Town Corp's (JTQ new chief executive officer, Major-General Lim Neo Chian, the conference aims
      87 words
    • Article
      Residential property market slows further; trend may continue
      345 2  -  By Abdul Hadhi ACTIVITY in the residential property market, fell again in the second quarter and consultants expect the trend to continue. Jones Lang Wootton's sec-ond-quarter report shows new supply dipped almost twothirds year-on-year to slightly more than 1,000 units. Fellow consultant
      345 words
    • Article
      Chartered Semiconductor working on S'pore's finest chip technology
      279 2  -  By Claire Leow CHARTERED Semiconductor Manufacturing has started development work on the finest semiconductor technology available in Singapore, in preparation for a new chip plant to be ready next year. A CSM source said the company had begun developing and testing 0.3S
      279 words
    • Article, Illustration
      Singapore still popular with tourists despite strong Sing $: survey
      423 2  - Singapore still popular with tourists despite strong Sing survey By Soh Tiang Keng WE SHALL return, say 84 per cent of first-time visitors to Singapore. That's among the findings of the latest Survey of Overseas Visitors to Singapore, which also shows that despite the strong Singapore dollar, tourists still find
      423 words
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      182 2 FWESTaCOTOI HUSKY THE UNIVERSITY OF HULL England 1927 "OVER 100 fiMs, MDs, CEO* AIREADT IN THE PROGRAMME!" "ONE OF THE MOST ESTJUUSNED IN SINGAPORE" 8 MBA I ONLY Z PLACES LEFT I BTIMf First to offer TQM and a Systems Approach to Creative EEJECJj Problem Solving the management philosophy of
      182 words
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      62 3 -Ajjy'v II 111 i'lilMfciWh A '4 "'n if Sl' k| -m^^t Sir n .t jgy-^ s-tif. M". ||Ppß*»*^j ■jr I Bpf: Tlie Relentless Pursuit of Perfecti on BORNEO MOTORS (S) PTE LTD (AN INCHCAPE COM PA NY) LEXUS DIVISION. 5 i /SJ LENC KEE ROAD SINCAPORE o 3 i 5.
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Medan labour activists freed
      108 4 Reuter MEDAN Indonesia has released two of the last labour activists to be jailed after unrest in the Sumatran city of Medan last year, lawyers said yesterday. They said Johan Maiyasyak, a lawyer and leader of the Child Advocacy Institute, was freed on Saturday after serving
      Reuter  -  108 words
    • Article
      Lock icon UN nuclear agency to help Indonesia
      69 4 Reuter JAKARTA UN nuclear agency chief Hans Blix yesterday pledged to help Indonesia build a nuclear power plant and said nuclear energy was environmentally the cleanest power source. "We have a number of technical cooperation programmes. We will also be ready to assist in
      Reuter  -  69 words
    • Article
      Lock icon Foreign workers remit M$2.4b a year
      77 4 Bernama KUALA LUMPUR Foreign workers in Malaysia are remitting about M 52.4 billion (SSI.4 billion) a year from their wages, Human Resources Minister Datuk Lim Ah Lek said yesterday. He said if the workers sent an average of Ms2oo a month, Malaysia would lose
      Bernama  -  77 words
    • Article
      Lock icon Parts of Cambodia still facing food crisis
      90 4 AFP PHNOM PENH As many as 2.5 million Cambodians in 16 of the country's 21 provinces face food shortages this year as a result of devastating droughts and floods which destroyed much of the rice crop last year, according to the World Food
      AFP  -  90 words
    • Article, Illustration
      Lock icon Aung San Suu Kyi meets with followers to rebuild party
      452 4 AP YANGON Dissident leader Aung San Suu Kyi met yesterday with about 60 followers from around the country as she continued efforts to rebuild her National League for Democracy party. Ms Suu Kyi urged the party members to organise and
      AP; Reuter  -  452 words
    • Article
      Lock icon PVC venture marks Viet comeback for US investments
      338 4 AFP TOKYO In the first directinvestment project involving a US corporation in Vietnam since the United States normalised relations with its former foe. Occidental Chemical Corp will help form a joint venture to produce polyvinyl chloride (PVC) resin in southern Vietnam. The
      AFP  -  338 words
    • Article
      Lock icon Ramos clarifies maid prohibitiot policy
      286 4 AFP MANILA President Fidel Ramos has backtracked on a previous statement that his government might ban Filipinas from working in high-risk jobs abroad as domestics and entertainers. A new committee has been set up to consider again whether such a ban would make sense, he
      AFP  -  286 words
    • Article
      Lock icon Thai court agrees to extradite ex-MP to US
      270 4 AFP BANGKOK mm Bangkok criminal court, in a landmark decision yesterday, accepted a US request for the extradition of a former member of the Thai parliament to face drug trafficking charges in California. But the lawyer for Thanong Siripreechapong, who was jailed
      AFP  -  270 words
    • Article
      Lock icon Senator may go ahead with call for trade ban
      361 4 USIA WASHINGTON While the recent release of Aung San Suu Kyi is a positive sign, it is only the first step in a broader process that must begin immediately, according to Senator Mitch McConnell, a Republican from Kentucky and chairman of
      USIA  -  361 words
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      295 4 Bertha FURNITURE SYSTEM CREATING A MORE PLEASANT WORK SPACE FOR ALL CHECK IT OUT BEFORE YOU MAKE YOUR MOVE Shaping today'* builneu, perfectly K&E MARKETING (S) PTE LTD 298, BEACH ROAD, #01-26 THE CONCOURSE, SINGAPORE 0719. TEL: 294 «175 Represented in:- Brunei Hong Kong Indonesia Kuwait Malaysia Oman Saudi Arabia
      295 words
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      148 4 Complete Business Office Automation Info Master info Fax A Challenge to Accounting .•mmmmmmmiim- mmm Mastering your information with r f?(?Af?ffflS mft IwmftX* True orv-line real-time operation Multi-currency, multi warehousing jmmmpMV Serial#/warranty tracking Sales and purchase tracking Instant stock balance display I Instant cash balance display j Instant gross margin display
      148 words
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      253 5 if.rfT oH- 'r- >1 t To succeed in unfamiliar territory, you need someone with experience at your side Getting ahead nowadays often requires you to skilfully seek out of whatever situation arises. In the world of banking, this someone and seize opportunities wherever'they may arise. More often than is Hongkongßank.
      253 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon HK jobless rate at 10-yr high and rising
      124 6 Reuter HONGKONG Layoffs are rising in Hongkong and the jobless rate's recent jump to its highest level in nearly a decade has not stabilised yet, said government economist KY Tang. "We have no detailed figures yet, but layoffs as a proportion of
      Reuter  -  124 words
    • Article
      Lock icon China's top priority is checking inflation
      102 6 AFP HONGKONG The newly-appointed governor of the People's, Bank of China has vowed to slash inflation, now in double digits, to 6 to 7 per cent, it was reported yesterday. Dai Xianlong told the Beijing-backed Wen Wei Po daily that China's top economic priority
      AFP  -  102 words
    • Article
      Lock icon HK's biggest tax evader jailed
      59 6 AFP HONGKONG y- A garment manufacturer was sentenced yesterday to 15 months in prison, in Hongkong's largest tax evasion case, a government spokesman jaid Yip Kam-Sing, 57, was also ordered by the district court to repby the government HK53.725 million (*****,480), the entire amount of
      AFP  -  59 words
    • Article
      Lock icon Beijing to approve new insurance firms
      90 6 Reuter BEIJING China will approve the establishment of 10 insurance companies in 1995 as part of a gradual liberalisation of the market, the Financial News reported yesterday. It quoted Ma Mingjia, head of the insurance division of the People's Bank of China (central bank),
      Reuter  -  90 words
    • Article
      Lock icon China pledges trade reforms in bid for WTO membership
      220 6 UPI BEIJING Bering upped the ante yesterday in its bid for membership in the World Trade Organisation (WTO), pledging to remove non-tariff barriers and to make it easier for other countries to sell products to China. With China's new observer status,
      UPI  -  220 words
    • Article
      Lock icon Taipei urges Beijing to resume reunification talks
      387 6 AFP •TAIPEI Taiwanese leaders yesterday urged China to resume negotiations to achieve eventual reunification of the rivals, whose relations have been soured by Taipei's latest efforts to win international recognition. Premier Lien Chan, speaking at the opening of a devet- opment seminar here,
      AFP  -  387 words
    • Article
      Lock icon Peasants join gold rush in rural China, challenge state authority
      548 6 > Armed 'gold lords' an embarrassment to govt NYT XINING, China A frenzied and chaotic gold rush is under way across vast expanses of rural China, where newly wealthy "gold lords" and the peasants who toil and fight for them
      NYT  -  548 words
    • Article
      Wuxi-S'pore industrial park signs German firm as tenant
      296 6  -  By Teh Hooi Ling SINGAPORE Wuxi-Singa-pore Industrial Park yesterday signed up German textile machinery maker Barmag as a tenant, bringing the number of tenants so far to more than 20 with investments totalling USS42O million (SSSB6.S million). Barmag, which signed a Land
      296 words
    • Article
      Lock icon Court rules against China's police in unusual decision
      210 6 Reuter BEIJING In an unusual decision, a court has ruled against China's powerful public security apparatus in a dispute over the sale of smuggled cars seized by police, the Economic Daily said yesterday. The Zhuhai Intermediary People's Court in southern Guangdong province
      Reuter  -  210 words
    • Article, Illustration
      Lock icon High but not dry
      55 6 Reuter PAJKOU COUNTY, China Fanners who decided to stay on the second storey of their marooned Paikov County village home, in southern China's Hunan province, loading supplies last week. Thousands of people were forced from their homes after the heaviest rainfall in 100 years flooded hundreds
      Reuter  -  55 words
    • Article
      Lock icon Beijing plans to bring down banks' doubtful loans
      257 6 Reuter HONGKONG China s central bank will take measures to bring doubtful loans by the country's four commercial banks down to IS per cent of the total from thfc current 20 per cent over two years, the Beijing-funded Wen Wei Po daily
      Reuter  -  257 words
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      577 6 SINGAPORE INSTITUTE OF MANAGEMENT DYNAMICS OF GLOBAL Upon completion of this seminar, participants will: TP A fll? a c ns^t i" 10 atest developments in 1 regionalisation, trade agreements and disputes, and Aagoat 28 29,1995 intemauonal finance *****.7# (SIM member) *****.70 (non-member, SET INTRODUCTION customers, in the light of today's
      577 words
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      Page 6 Advertisements Column 2
      39 6 \m yuji i I i J flnm ilLliqlL/ jOj HOT/COLD POOLS SAUNA BATH STEAM BATH TV/COFFEE LOUNGE »1» MASSAGE BOOMS REGENT HEALTH SPA 78, SHENTON WAY4OI-01A& 81-01, SINGAPOREO2O7 TEL: *****68 (5 LINES) BUSINESS HOURS: 10.30 am TO 11.00 pm
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  • ASIA
    • Article
      Lock icon Japan trade surplus down in first half of 1995
      317 7 Reuter TOKYO Japan's mighty trade surplus shrank in the first half of, 1995 and economists said it was likdy remain on a downward trend. The Finance Ministry said yesterday that the nation's customs cleared trade surplus fell nearly 4 per cent
      Reuter  -  317 words
    • Article
      Lock icon Murdoch holds media empire summit on tropical island
      330 7 Reuter SYDNEY Rupert Murdoch convened an extravagant News Corp summit on a small tropical island off the Australian coast yesterday, feathering around him executives from all over his vast media empire for a week-long talkfest. The guest list for the doaed-door conference
      Reuter  -  330 words
    • Article, Illustration
      Lock icon Bird bath
      51 7 Reuter LAUNCESTON, Australia An oikomcd pelican getting a washing yesterday. A bnlk ore carrier, Irom Bmron, ran •groundoff Tasmania last week, spilling 500 tonnes of fneL Orer 2,000 penguins and pelicans hare been affected. Six birds hare died and over 670 hare been cleaned by 200 volunteer workers.
      Reuter  -  51 words
    • Article
      Lock icon Canberra's GDP forecast on target, say economists
      434 7 Reuter SYDNEY Australian economists generally believe the government forecast for gross domestic product in 1994/95 is on target, but their initial GDP forecasts for the June quarter show differing views on the economy's strength. An expected, run down in stocks over the quarter
      Reuter  -  434 words
    • Article
      Lock icon Investors fear cabinet reshuffle could upset PNG stability
      253 7 Reuter SYDNEY Papua New Guinea's coalition government, after pulling back from the brink of financial disaster, faces another challenge a major cabinet shake-up which investors fear could threaten political stability. Prime Minister Julius Chan, leader of the People's Progress Party, last Thursday
      Reuter  -  253 words
    • Article
      Lock icon New rules for non-resident Indians?
      91 7 Reuter BOMBAY A Reserve Bank of India committee has recommended that expatriate Indians be offered the same status in matters of tax and investment in shares as applicable to foreign portfolio funds. It has suggested that overseas Indian* be allowed to acquire up to 24
      Reuter  -  91 words
    • Article
      Lock icon Indian opposition plans early campaign
      73 7 Reuter NEW DELHI India's Hindu nationalist opposition, scenting the chance of victory in general elections due within a year, is preparing to launch an early campaign to win new support At a two-day national executive meeting which ended in New Delhi on Sunday, the Bharatiya
      Reuter  -  73 words
    • Article
      Lock icon Japan, Australia in arms talks
      75 7 Bemama TOKYO Japanese and Australian government officials will hold talks in Canberra tomorrow to discuss arms control and disarmament, the Foreign Ministry said yesterday. Alrira Haya&hi, the ministry's director-general for arms control and scientific affairs, will attend the meeting, the sixth such bilateral *ing since
      Bemama  -  75 words
    • Article
      Lock icon Korean talks enter fourth day
      88 7 Reuter BEIJING Talks between North and South Korea on economic cooperation, including deliveries of southern rice to the north, will continue in Beijing for a fourth day today, South Korean officials said yesterday. The talks are the second between the two sides in Beijing. The
      Reuter  -  88 words
    • Article
      Lock icon Little time left for Kashmir hostages
      76 7 Reuter SRINAGAR, India With time running short, Indian officials and Western diplomats were in direct contact with an elusive Kashmir separatist group and planned to step up yesterday tofree five Western hostages. Only a few hours were believed to remain before expiry of an
      Reuter  -  76 words
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      113 7 E.- s m f Wr t* IMP! D9IV He Artist Impression 1A Ewart FarL. (Only one for sale to a very special resident.) i r t. A ■> r i Tkere is only one 1 A Ewart Park. Surrounded by lusk greenery and secluded ,n an elegant ne.gkkmrkood tkose wko
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      391 8 BD| x/firom H i ig£sjt& J Favourite Beer, where to wine, dine and entertain Mm HMSOI *OU> MMUM CMD >A Mil WH9 IT Ml mil mm Mlllll X I Br [if Just spend $500 and above wilhin 6 months at any of our outlets to qualify for our gold card
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      201 8 Local Favourites At The Boulevard's Cafe Carousel (28 June 18 July 1995) Available from Monday to Friday Chicken Rice Wanton Noodles BakKutTeh Fried Hokkien Mee Nasi Lemak At Only $6 Each •Subjact to 10% aarvtca charge h prevailing loy.rnm.nt taxaa, Includlns GST (Md M4asri#»laasr BOULEVARD HOTEL. 200 Orchard Boulevard Singapore
      201 words
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      313 8 I LUNCH OR DINNER, f I FEAST ALL YOU j CAN!] That's over 50 delightful dishes in all! M Featuring the best talked about 9 seafood and Cantonese cuisine. "Jj All you can eat. Complimentary platter *t of Suckling Pig and Guiling K Herbal Jelly. J Lunch: $23 (Aduh) $15
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      Page 8 Advertisements Column 4
      347 8 The Day You Dine At Triple 3. Be Prepared To Have A Very Light Breakfast Skip breakfast altogether for a sumptuous buffet c at Triple 3, an irresistible spread featuring some S 60 hot and cold dishes, plus tempting desserts. Call _s us now to make your reservations at 831
      347 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Window on the new Russia
      628 9  -  This year's Moscow film festival promises to be a glittering affair, reports Marina Lapenkova Marina Lapenkova AFP The moscow international Film Festival, once a showpiece for Soviet values staged by Communist Party apparatchiks, is being billed this year *a window on the new Rus- with
      AFP  -  628 words
    • Article, Illustration
      Mee Pok Man in Moscow
      473 9  -  By! Susan Tsang WHAT is Mee Pok Man in Russia? Try The Noodle Trader. Eric Khoo's first full-length feature, about a dim-witted hawker who yearns after a lady of the night, is going to the official competition of the 19th Moscow International Film Festival It
      473 words
    • Article, Illustration
      Lock icon Back in the US: a not-so bald O'Connor
      271 9 AP AP AP AFTER three years of therapy, Irish singer Sinead O'Connor is back on the music scene with a pixie-style haircut and a new outlook on life. O'Connor, 28, is performing this summer with other acts as part of the Lollapalooza
      AP  -  271 words
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      136 9 ByTSBPFLY B F E CONTMENTAL CAFE, RKtAURANT AND BAR MT MJSINBSS LUNCH AND DINNER FROM $18.50++ NAPPY NOUNS 3PM TO BPM Home-fiwda daily soup SMred Salmon on a bad of Garden Vegetable Tropk* fresh fruit wNh mango Ice-cream* Salmon Nicoise Salad* Duck Breest w«h Three Colour Pepper Sauce Apple tart
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  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      999 9 Wildsigbt Wildlife: Ekpkiit Jim ■>!*. 9pm, Ck 12 In East Africa, elephants are reeling from the onslaught of poaching, drought and human encroachment into their habi- nS*^^J tat. This documentary goes to a nursery where orphaned elephants are hand-reared, and later re-released into the wild. p MiMn PernystHled, 10pm, Insight
      999 words
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      920 10 /UJ\ HIV H 0 >. J *«-1. >t j£2ii^Hi^^>^&2S9ltt9KiS9MHlLt fe 7 ,k..E!iis If&, JM?. WfcfctaiS M-1B.',, H HM H 17 v,-' H 1 i i? ■'<!- j. Jl v-'Sh n 110 A fP cuta,rtl Derefopment of China, ABC dedsrvdy achieve oar goal of hrrnming a state <nnwrw»al bank with J!Ul39illvl!/
      920 words
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  • FOCUS
    • Article, Illustration
      Britain's on the march towards sustainable growth
      1301 11  -  From Newille Stack in LONDON THE newly-revitalised leaders of Britain's ruling Conservative party are pinning their hopes on the economy. The political turmoil, especially over integration with Europe, is but a smoke screen concealing what really matters. Politicians, even governments may change, but
      1,301 words
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      276 11 V Richly decorated plasterwork. Deftly painted in pastels. A tradition of colour, captured in a uniquely Singaporean hotel. '.i r.y»viy vjVpr ,~"TH. r 1 f~~ -i. >. 1 Jk&, W ''"X **2 ~Jr iif i;• V"' I"*'J J i j j $^^^R; |> j feSKfi i i *gs 1 11
      276 words
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  • Article
    US and Vietnam: Guns to roses
    532 12 ONCE Ho Chi Minh "sobers up and unloads his pistol", former US president Lyndon Johnson said during the Vietnam War, domestic US opposition to the war would end and Americans would be amply satisfied by his Administration's resolute stand against communism. Uncle Ho's guerillas
    532 words
  • Article
    Housing the family spirit
    283 12 THE Housing Board's latest Sample Household Survey indicates that, apart from being an end in itself, good and affordable public housing can also be the means to wider societal ends. In particular, it might help to reverse a marked trend towards nuclear families which can only
    283 words
  • Article
    Learning to be friends
    85 12 VIETNAM and the US are learning the hard way to put aside their past and chart a meaningful course for the future. By establishing diplomatic ties, they have to shoulder two important tasks. One is to develop Vietnam's economy to draw big corporate players who have
    85 words
  • Article
    Manila should apologise
    172 12 AMERICAN experts have reached unanimous agreement that the autopsy findings of Singapore pathologists on Flor Contemplacion in May 1991 is 100 per cent correct. Most Singaporeans are not surprised at the verdict. We have reason to believe that even the Filipinos are not too surprised by the
    172 words
  • Article
    Bosnia's unsafe havens
    169 12 TO ADMIT that Srebrenica had been lost to a deliberate, prepared Serb assault would be to expose the sham of UN protection so glaringly that it would be impossible to stay on. Explaining it away as a lucky break could paper over the whole thing as some
    169 words
  • Article
    Phasing out maid scheme
    109 12 PRESIDENT Fidel Ramos' decision to bepin phasing out the schemes which send millions of Filipino women to work as domestic helpers and "entertainers" abroad is a valiant, but perhaps excessively idealistic, attempt to restore the country's national pride after the embarrassing dispute with Singapore over the
    109 words
  • Article
    Waiting for an Israeli move
    191 12 DAMASCUS has been sending out clear messages outlining its desire to see security and stability reign in the region ever since it joined the peace process in 1991. However, this desire has as yet not been heeded by Israel. The latest initiative to push forward
    191 words
  • Article, Illustration
    Zhu leaves weakness in China's banking system
    939 12 Uncompetitive enterprises can still borrow cheaply, sowing future woes ZHU RONGJI, the Chinese leader Western businesspeople most love to love, ended a two-year reign at the central bank at the end of June. Is his record laudable? The first part of Mr Zhu's
    939 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      731 12 EThis article was reprinted from the July 10 issue of Business Asia, a fortnightly management report by The Economist Intelligence Unit (Asia) Ltd TOLL-FREE TEL. No. 1-BQO-741-ISB3 FAX:74I-1298 NOTICE NOTICE IS HEREBY GIVEN that, I Chiang Sing Poon of 21 Dyson Road, Singapore 1130, have applied for a 2nd Class
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      71 12 you Dotf'T Know f\jT in oJE. OR TuXD rv/g_ DPCJDgp tr> iop iTgA Rthing PvßouT j I UoRDS i cT Ifcl£V«S«OH ABOUT J vQPFiCfc LIFE. V 1 TMe. Vieu)ERS RU, OFFiCE, UP6.. \TV4E. V fjA <gL -j p«Joiene6.Wr,cif l p(Hon ml m POONESBURY GARRY TRUDEAU H|| Ornvar* ty Web site.
      71 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      The changing face of Hai Sun Hup
      746 13  -  Rahita Elias reports on how the marine-based company has diversified into the Australian hotel industry Rahita Elias IN less than one year, the traditionally marinebased Hai Sun Hup Group has transformed its profile. The group, which forged into the hotel business late last
      746 words
    • Article, Illustration
      A less than cosy development
      634 13  -  THproKhty COLUMN By Lee Han Shih CAN the developer who bought Cosy Mansion for $25 million sue the Urban Redevelopment Authority? Ignore, for the moment, that URA is the statutory board in charge of physical planning and it is not the practice in Singapore to
      634 words
    • Article
      PROPERTY WATCH
      241 13 Sstactad transactions in ths past wask BultInarea7 Saleprice t—Mm P'*™ 1 Projact Type land arm (aq ft) Temjre (S$) S*?** ..AWHI Jul10 1542 Amber Gardens Road Condo 1722 FH 1,260,000 732 Ju< 10 1953 JinLabuAyer Condo 2000 FH 1,020,000 51(T Ju<10 1851 Elias Terrace Terrace 2450/1615 999 1,610,000
      241 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      216 13 B V S I N E S S TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 We are one of the premier international banks with about 20 years of presence in Hong Kong. In line with our I business plan, we invite applications for the following position in our Credit Department:
      216 words
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      Page 13 Advertisements Column 2
      102 13 CHANGI SOUTH AVIATION DISTRIZONE 12 mins drive to the Air Cargo Terminals •From 8,500 to 86,400 sq ft Floor loading of 20KN/sq m Ceiling height of 26ft Covered container docks with levellers Cargo lifts of 3 tons loading 24-hr security TOP February 1996 ■Iff CHEONG KOON SENG UD TEL: *****20
      102 words
    • Advertisement
      Page 13 Advertisements Column 3
      99 13 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 19pd;9fjt0003, -fr JF* 30 cents a minute. KESTREL PROPERTIES PTE LTD 90 Cecil Street 101-01 Carlton Building, Singapore 0106 188 LORNIE ROAD FOB SALE RV TENDER Majestic elevated land with old detached. Excellent potential for personalised bungalow.
      99 words
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  • Article
    Lock icon Japan warns it may abandon 1952 air pact with US
    391 14 Reuter TOKYO Determined to win more aviation rights from the United States, Japan warned yesterday it may consider abandoning an existing bilateral aviation pact and refuse to hold further negotiations. "If we are forced to accept an unfavourable compromise, we
    Reuter  -  391 words
  • Article
    Bank of England report on Barings today
    445 14  -  Publication could trigger law suits against ex-directors and auditors Fran Neil Behrmann in LONDON THE long-awaited Bank of England (BOE) report on the Barings collapse will be published today, said Treasury officials. The report totalling several hundred pages was prepared by the bank's
    445 words
  • Article
    Lock icon EU, Vietnam sign trade, cooperation pact
    158 14 AP BRUSSELS The European Union and Vietnam signed a sweeping trade and cooperation agreement yesterday, with both sides granting each other "most favoured nation" trading status. The accord comes just days before Vietnam's expected entry into Asean and less than a week since President
    AP  -  158 words
  • Article
    Lock icon UK govt will not introduce pay policy for top execs
    500 14 Reuter Bloomberg Business News LONDON The UK government believes British companies need to pay directors the rate for the job, and therefore will not introduce a pay policy for company boards, Trade and Industry Secretary lan Lang said. Making a
    Reuter; Bloomberg Business News  -  500 words
  • Article, Illustration
    Lock icon US says trade ties with China should be maintained
    364 14 AP WASHINGTON The United States should continue to grant China most-favoured-na-tion trade status, and should attend a UN women's conference in Beijing in autumn, despite China's arrest of American human rights activist Harry Wu, Secretary of State Warren Christopher said. "We
    AP  -  364 words
  • Article, Illustration
    Pragmatism is best choice for Pacific Business Forum
    712 14  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent BUSINESSMEN appear to be firmly in the driving *seat when it comes to deciding where the AsiaPacific Economic Cooperation forum (Apec) should go, certainly compared with the European Union
    712 words
  • Article
    Lock icon Inventories post smallest gain since December
    197 14 Bloomberg Business News WASHINGTON Business stockpiles of unsold goods piled up at the year's slowest pace in May as factories cut production. Business sales, meantime, rose for the first time in three months. Inventories rose 0.4 per cent for the month to a seasonally
    Bloomberg Business News  -  197 words
  • Article
    Lock icon Philip Morris sued for US$25m after FDA finding
    180 14 Reuter NEW YORK Philip Morris Co and other cigarette makers have been sued for U5525.5 million (SS3S million) following the Food and Drug Administration's conclusion that nicotine is a drug. A lawyer in the case, JD Lee, yesterday said he believed the
    Reuter  -  180 words
  • Article
    Lock icon Boomerang bread
    84 14 AFP PERTH An Australian baker has found a novel way to protest against French nuclear test plans in the South Pacific. Peter Emmanuel of Roleystone has re-designed his popular baguettes, also known here as French sticks, bending them to a crescent-shape and re-naming them boomerang bread. "This started
    AFP  -  84 words
  • Article
    Lock icon World Bank's US$200m plan to help poor
    99 14 Reuter WASHINGTON The World Bank has unveiled a roughly US$2OO million (SS27B million) programme to transform the poorest of the poor in developing countries into micro-entrepre-neurs through loans of as little as US$lOO each. The programme, which will be financed by the World
    Reuter  -  99 words
  • Article, Illustration
    Lock icon Mandela turns 77
    113 14 AFP JOHANNESBURG President Nelson Mandela yesterday celebrated his 77th birthday at Gold Reef City theme park here by sharing a day of free food, rides and clothing with more than 2,000 impoverished children. He also accepted more than one million rand (S$380,000) in donations to his Children's
    AFP  -  113 words
  • Article
    Lock icon Heatwave toll rises
    74 14 AFP WASHINGTON Deaths from a blistering heat wave in the eastern half of the United States totalled 222 early yesterday, and officials said Jhe toll would probably climb. Doctors said they expected to determine that dozens of other deaths were heat-related. In the five days that it
    AFP  -  74 words
  • Article
    Lock icon Explosions In Brazil
    81 14 AFP RIO DE JANEIRO Explosions ripped through a na*al armoury on Boqueirao island off Rio de Janeiro on Sunday, killing as many as 100 people. Witnesses quoted by the news agency Estado said about 40 homes were destroyed, and one soldier with the navy's Humait Battalion said
    AFP  -  81 words
  • Article
    Lock icon Easier gambling, please
    70 14 Bloomberg Business News LONDON Britain's casinos yesterday called for an easing of government regulation of the industry, arguing that the rules prevented them from drawing enough customers as they competed with casinos overseas. The casino operators, which include leisure companies Rank Organisation pic and Ladbroke Group pic,
    Bloomberg Business News  -  70 words
  • Article
    Lock icon German growth slows
    67 14 Reuter BONN German economic growth probably slowed in the first half of 1995 but the underlying tendency remains upwards. The economics ministry yesterday said changes in the way in which key statistics were calculated had made it more difficult to assess the true state of the economy,
    Reuter  -  67 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      4 14 Rfifssnw FORGED BY UNDERSTANDING
      4 words
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      Page 14 Advertisements Column 2
      79 14 Distributor for Nitsuko Keyphone Systems A EPABX SiNCfApORE SINGAPORE COMMUNICATIONS EQUIPMENT CO PTE LTD Tol 273 7080 ■Every Call Is A Commitment! Prime Site For Redevelopment For Sale By Tender 2 Genting Lane C VqJn. A rare opportunity to acqutel Prim® Industrial Devetopmdht N. Site ln O&rt* 13Land Area Appro*
      79 words
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  • COMPANIES & MARKETS
    • Article
      Telecom gets nod to take stake in Aussie outfit
      195 15 SINGAPORE Singapore Telecom has received approval from the Australian Foreign Investment Review Board to take a 24.S per cent stake in AAP Telecommunications. AAP Telecommunications, formed after deregulation in Australia in 1991, provides long-distance voice and data services to the Australian
      195 words
    • Article
      Will Pribadi bring new life to Amcol with New World's exit?
      772 15  -  HOCK LOCK SIEW By William Chia SINGAPORE The market is rife with speculation about the fate of trading and property group Amcoi Holdings now that Hongkong property giant New World group has made a sudden exit. It was announced
      772 words
    • Article
      EML annual report sheds little light on group's future
      420 15  -  By David Mok SINGAPORE The annual report of loss making videotape maker Electro Magnetics Ltd has shed little light on how the group plans to extricate itself from the financial woes of the past two years. In an eight-line statement in
      420 words
    • Article, Illustration
      MARKET MOOD
      51 15 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Credit Lyonnais Securities. Daiwa. Fraser. G K Goh. Kay Hian. Morgan Grenfell. Ong Co. Nomura. Phillip. Smith New Court. W Can and SG
      51 words
    • Article, Illustration
      HOT STOCK
      94 15  -  By Shiv Taneja THE price chart for Kuala Lumpur Industries shows a classic flag formation, with a price breakout at $2.20. Flags typically appear at the halfway point on an up or down move. Judging from the RSI and stochastics, investors can expect the share price to head
      94 words
    • COMPANIES
      • Article
        Lock icon No reason for price jump: Pengkalen
        77 16 Reuter KUALA LUMPUR Pengkalen Industrial Holding Bhd said it cannot account for the sharp rise in the price of its shares in recent days. In reply to a stock exchange query, Pengkalen said there is no material development in the company which has not
        Reuter  -  77 words
      • Article
        UOB: 40% foreign shares
        49 16 SINGAPORE United Overseas Bank last night announced that the percentage of foreign shares in the bank's capital was 40 per cent at the end of the second quarter this year. Out of this, 38.5 per cent was held by foreigners and the rest by locals.
        49 words
      • Article
        Flextech suspended
        20 16 SINGAPORE Flextech Holdings has suspended trading of its shares on the Stock Exchange of Singapore, pending an announcement.
        20 words
      • Article
        Untitled
        472 16 ■Hapn' prim Jul IS Sh Grmur China Fd 0.96 1.000 Mendaki Or Fund 1.05 108$ Sagapara IMt Trwt us o Fund i.os 1.12* The Commerce 1.61 1.70 1MB IU iy The Saving* Fund 1.37 1.66 MSB®* xft S'porc Pre« Fund 0.64 a6l Unifund 1.48 1.54 S-porc See Fund 0.99 1.03
        472 words
      • Article, Illustration
        Steamers unit bags two M'sian telecom jobs worth M$89m
        317 16  -  By Rahita Elias SINGAPORE Folec Communications, a wholly-owned subsidiary of listed Steamers Maritime, has bagged two Malaysian contracts worth a total of MsB9 million (Sssl million). Steamers said yesterday that Folec's Malaysian associate Folec Communications had won the two deals to
        317 words
      • Article
        Lock icon Metroplex expects turnover for current year to double
        240 16 MBT KUALA LUMPUR Metropi ex Bhd expects its turnover to double for the financial year ending Jan 31, 1996. Managing director Chan Teik Huat yesterday said Metroplex recorded a turnover of M 5244.6 million (S$ 139.6 million) for the previous financial year.
        MBT  -  240 words
      • Article
        CMB's Thai subsidiary plans 1-for-4 rights issue
        242 16  -  By Abdul Hadhi SINGAPORE The listed Thai subsidiary of packaging group CarnaudMetalbox Asia plans a l-for-4 rights issue to raise 369.6 million baht (5520.88 million). CMB said yesterday the subsidiary CarnaudMetalbox (Thailand) Public Company (Carnaud Thailand) would seek shareholders' approval for the issue
        242 words
      • Article
        Sassoon raises EPS forecasts for local banks
        336 16 SINGAPORE Broker JM Sassoon has raised its earnings per share (EPS) projections for local banks on the back of higher loans growth and better-than-expected net interest margins. In a research note sent to dients last week, Sassoon said overall loans growth had been
        336 words
      • Article
        OUB launches fifth unit trust
        290 16 SINGAPORE Overseas Union Bank yesterday announced the launch of its fifth unit trust, the Union Enhanced Fund (UEF), and the relaunch of its existing Union Investment Fund. Managed by wholly-owned subsidiary OUB Asset Management (OUBAM), the Union Enhanced Fund is a CPF Enhanced Investment Scheme
        290 words
      • Article
        Lock icon Berjaya Leisure reports 40% drop in net earnings
        251 16 Bemama KUALA LUMPUR Berjaya Leisure Bhd (BLeisure) has reported group net earnings of M 531.92 million (5518.2 million) for the year ended April 30, 1995, down 39.6 per cent from M 552.84 million a year earlier. A BLeisure statement released yesterday said
        Bemama  -  251 words
      • Article, Illustration
        APB venture opens Heineken brewery in Thailand
        477 16  -  Fro* Loh Hui Yin In BANGKOK THERE'S a lot of froth in Thailand's beer market, with a new entrant in the form of locally-produced Heineken beer. The beer is brewed by Thai Asia Pacific Brewery, which is partly owned by Singapore's Asia Pacific
        477 words
      • Article
        UOB launches unit trust to invest in Japan stocks
        211 16 SINGAPORE United Overseas Bank yesterday launched an open-ended unit trust that will invest in Japanese equities. The United Japan Growth Fund aims to achieve long-term capital appreciation by investing in companies that are listed on the Tokyo Stock Exchange and have
        211 words
      • Article, Illustration
        Inchcape pic expects soaring yen to dent car earnings
        439 17  -  By S N Vasuki SINGAPORE Inchcape pic continues to face a difficult operating environment this year as the British trading giant's lucrative Japanese car distribution business is under pressure due to a soaring yen, group chief executive and deputy chairman Charles
        439 words
      • Article
        Lock icon Sprint telecom tie-up long way to go: regulator
        350 17 Reuter BRUSSELS The link-up between America's Sprint Corp, France Telecom and Deutsche Telekom still faces hurdles, the chairman of the US Federal Communications Commission (FCC), Reed Hundt, was quoted as saying. Mr Hundt told the Wall Street Journal Europe (WSJE) that last
        Reuter  -  350 words
      • Article
        Lock icon Daiwa Securities to set up brokerage with Myanmar govt
        394 17 Reuter TOKYO A major Japanese slock broking firm said yesterday that it plans to set up a brokerage in Myanmar in cooperation with the Yangon government to prepare for the re-establishment of a stock exchange there after decades of anti-capitalistic rule.
        Reuter  -  394 words
      • COMPANY BRIEFS
        • Article
          Lock icon Guangdong Foshan to list shares in HK
          65 17 Bloomberg Business News HONGKONG Guangdong Foshan Ceramics, one of China's largest ceramics manufacturers, will list between 70 and 80 million shares on the Stock Exchange of Hong Kong in September, the Chinese-language Ming Pao Daily News reported yesterday, citing an unnamed Hongkong analyst
          Bloomberg Business News  -  65 words
        • Article
          Lock icon Pudong surges on short-term demand
          77 17 Reuter HONGKONG Pudong Development Holdings Ltd surged 17.5 HK cents to HKJ3.275 yesterday on short-term rotational buying. "Rotational buying of some active second and third-line stocks boosted demand," a dealing director at a European brokerage house said. Volume was 4.18 million shares. Brokers said some
          Reuter  -  77 words
        • Article
          Lock icon Bayer in China joint venture
          67 17 Reuter LEVERKUSEN, Germany German chemicals group Bayer AG yesterday said it has formed a pharmaceuticals joint venture in China with a Chinese partner and wiH initially invest US$3O million (Ss42 million) in the project. Bayer said the unit, Bayer Healthcare Co Ltd, will be formed
          Reuter  -  67 words
        • Article
          Lock icon RG Capital says Sunshine offer still on
          81 17 Reuter SYDNEY RG Capital Pty Ltd managing director Tim Hughes yesterday said the company plans to proceed with its bid for Sunshine Broadcasting Network Ltd, despite News Corp Ltd buying a IS per cent stake in Sunshine last week. "At this stage we
          Reuter  -  81 words
        • Article
          Lock icon Prudential's annual premium sales down
          65 17 Bloomberg Business News LONDON Prudential Corp pic, Britain's largest life insurance company, yesterday said first-half annual and single-premium business dropped while sales of investment products plummeted as consumer confidence waned. The company said sales of worldwide annual premiums slipped 11 per cent to £216 million
          Bloomberg Business News  -  65 words
      • Article
        Lock icon EC asks Britain for details on £32m extra subsidy for Jaguar
        209 17 Reuter BRUSSELS The European Commission has asked Britain to furnish details on additional subsidies it plans to grant to luxury carmaker Jaguar, a subsidiary of Ford. "The British authorities must provide us with information on the latest developments in
        Reuter  -  209 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Bank of Tokyo scores a first by setting up Beijing branch
        500 18 Reuter TOKYO The Bank of Tokyo Ltd (BOT) yesterday became the first non-Chinese bank to set up a Beijing branch since 1949, and a bank official said the Japanese giant believes its global network is now near completion. "Opening
        Reuter  -  500 words
      • Article
        Lock icon Merrill and Coopers settle junk bond case with Florida
        369 18 Bloomberg Business News NEW YORK Merrill Lynch Co, Coopers Lybrand and the law firm of Shereff, Friedman, Hoffman Goodman will pay. US$lOO million (S$ 139.4 million) to settle a complaint by the State of Florida related to the state's biggest insurance
        Bloomberg Business News  -  369 words
      • Article
        Lock icon ADB to issue first of many NT$ bonds on Aug 2
        417 18 Bloomberg Business News TAIPEI The Asian Development Bank's first issuance of New Taiwan dollar-denomi-nated bonds will take place on Aug 2, in what is widely seen as a recognition of Taiwan's campaign to liberalise its economy. ADB officials said
        Bloomberg Business News  -  417 words
      • SMALL CHANGE
        • Article
          Lock icon Sanwa Bank is world's largest
          72 18 Bloomberg Business News TOKYO British magazine The Banker ranked Sanwa Bank as the world's leading commercial bank in terms of capital, taking the top spot from four-year leader Sumitomo Bank, Japan's Jiji Press service reported yesterday. The magazine ranked 1,000 banks with capital reserves sufficient
          Bloomberg Business News  -  72 words
        • Article
          Lock icon Commerzbank buys stake in US firm
          66 18 Bloomberg Business News FRANKFURT Commerzbank AG said it has acquired a 60 per cent stake in Boston, Massachusetts-based Martingale Asset Management LP for an undisclosed sum. The stake has been purchased by Commerzbank's asset management subsidiary Commerz International Capital Management pending formal approval by
          Bloomberg Business News  -  66 words
        • Article
          Lock icon A$800m of Aussie T-notes for tender
          51 18 Reuter SYDNEY The Reserve Bank of Australia (RBA) said it will offer a total of ASBOO million (*****.7 million) of Treasury notes for tender today. The tender comprises As3oo million of fiveweek notes, AS3OO million of 13-week notes and AS2OO million of 26-week notes.
          Reuter  -  51 words
        • Article
          Lock icon Woolwich to enlarge insurance base
          95 18 Reuter LONDON Woolwich Building Society said it planned to offer insurance products beyond its existing customer base through a joint venture announced earlier with Legal and General Group pic. "We're anticipating that through this new joint venture we will reach a larger customer base, including
          Reuter  -  95 words
      • Article
        Lock icon Salomon gets Seoul okay for securities joint venture
        141 18 Bloomberg Business News HONGKONG US investment bank Salomon Brothers and a five-member group of Korean companies have invested 50 billion won (SS92 million) in a new joint venture securities firm in Korea. Called Allied SB Securities Company Ltd, the venture marks the
        Bloomberg Business News  -  141 words
      • Article
        Lock icon Aussie bank profits forecast to rise by 22%
        117 18 Reuter MELBOURNE Australian bank profits should rise 21.7 per cent in 1994/95 but profit growth is expected to slow in the two subsequent years. Broker JB Were and Son said in a report released yesterday that annualised net profits before abnormals of
        Reuter  -  117 words
      • Article
        Lock icon Aussie miners steel for iron market battle
        353 18 Reuter MELBOURNE Australia's biggest mining companies are locked in a multi-billion-dollar battle to develop new ironmaking plants to supply the next generation of steel mills around the world. They are committed to, or investigating, the development of direct reduction or direct smelting of
        Reuter  -  353 words
      • Article
        Lock icon US insurance firm to market non-life items in Japan
        303 18 Knight-Rid-der TOKYO Liberty Mutual Insurance Company, one of the largest multi-line insurers in the property and casualty industry in America, announced yesterday that it had obtained a licence to market non-life insurance products in Japan. The licence, approved by the finance
        Knight-Ridder  -  303 words
      • Article
        Lock icon Oil futures fall as US gasoline slumps
        280 18 Bloomberg Business News LONDON Oil futures declined on both sides of the Atlantic yesterday, led down by slumping gasoline values in the US amid anticipation supplies will return to normal as a firedamaged plant in Oklahoma resumes operation. The weakness was exacerbated by
        Bloomberg Business News  -  280 words
      • Article
        Lock icon Currency Reports: London
        194 18 Bloomberg Business News LONDON The dollar yesterday set a 15-week high against the yen amid talk central banks are committed to buying the US currency to maintain its value against the yen. "There's a dear trend of US accounts buying dollars against the yen as people believe
        Bloomberg Business News  -  194 words
      • Article
        Lock icon New York
        88 18 AFP NEW YORK The dollar was edging up against the other major currencies here early yesterday, buoyed by predictions that the greenback stood to gain eight to 14 per cent against the yen by early next year. Around 1430 GMT, the dollar traded at 1.3978 Deutschemarks compared with
        AFP  -  88 words
      • Article, Illustration
        Untitled
        1321 18 Trade mngkted index calculated against S"pore's top 14 trading partners Base year: 1985 US$/S$ forward rates Noon /Jul 17 s$ BM Oder 1-month 1.3963 1.3978 2-n»o«Kh 1.3934 1 3949 3-roonth 1.3908 1.3923 6-month 1.3815 1.3835 Source: OCBC FOREIGN CURRENCY NOTE RATES At at tan m M 17 Singapore dollars to
        1,321 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Weakening yen puts pressure on Euroyen
        1326 19 Reuter SINGAPORE Simex Euroyen and Eurodollars ended easier yesterday. Dealers said Euroyen and Japanese government bond (JGB) futures managed to recover from the morning lows in the afternoon. "The rebound is based on technicals. The market is going to be stuck in range trading,"
        Reuter  -  1,326 words
      • Article
        KL tin falls as LME stocks build up
        645 19 COMMOPTTY REPORTS KL Tin TIN PRICE on the Kuala Lumpur Tin Market (KLTM) yesterday shed 21 sen to M 516.06 per kg, on lower advices from the London Metal Exchange and higher offerings from miners. Dealers also attributed the sharp decline to
        645 words
      • Article
        Thailand seeks cheap Aug gas oil
        56 19 SINGAPORE The soft August gas oil market is encouraging Petroleum Authority of Thailand to seek a 30,000-tonne second-half August cargo at less than 80 US cents per barrel premium to Singapore spot quotes. But sellers say they are seeking to sell the Thai-grade cargo
        56 words
      • Article
        China's crude oil exports up 21.2%
        48 19 HONGKONG China's crude oil exports in May rose by 21.2 per cent year-on-year to 1,785,288 tonnes, from 1,472,501 tonnes, according to the official China Petroleum Data Monthly. Most exports are accounted for by China meeting its term contract obligations, crude traders said.
        48 words
      • Article
        Two contracts for cattle hedgers
        59 19 SYDNEY The Sydney Futures Exchange will unveil within a month the terms of two new products a cattle and a grain futures contract to help manage the risks of a changing beef industry. The new cattle contract will be unveiled in about a month, and
        59 words
      • Article
        Zinc galvanised steel output up
        52 19 TOKYO Output of zinc galvanised steel in June rose 0.2 per cent from a year earlier to a preliminary 967,600 tonnes, the Japan Iron and Steel Federation said yesterday. However, the June figure is down 9.2 per cent from the revised May production of 1.066
        52 words
      • Article
        Tokyo needs 9,000 tonnes of nickel
        68 19 TOKYO Japan needs to buy about 9,000 tonnes of nickel over the next five years to build its national stockpile to government-mandated levels, according to government officials and industry sources. Currently, Japan has stockpiled enough nickel, chrome, tungsten, molybdenum, cobalt, manganese and vanadium for
        68 words
    • Article
      COMMODITY PRICES
      1398 19 SICOM Futures (Marts dtttag at at 5.3tpa) KtS 1 Cffract (Scents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aut 95 I I 191.00 400 1450 Sep 117.00 2075 Oct 113.50 2250 Nov 113.50 400 2100 Dec |«3.50 2250 Jan/Mar 111.50 7390 Apr/J no 112.50 4000 I
      1,398 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1032 20 -10.3 THE Australian share market closed lower in lacklustre trade yesterday after Wall Street equity and bond markets slipped on stronger than expected US retail sales data on Friday. The All Ordinaries Index closed 10.3 points or 0.49 per cent lower at 2,103.6, ofT its in-tra-day low of 2,099.2.
        1,032 words
      • Article
        Manila
        548 20 •2.93 The Philippine stock market fell 0.1 per cent yesterday with lastminute bargain-hunting moder- ating the decline. When we were about to close trading, some people realised that profits were already at the bargain level so they bought it up again," Henry Ong of Aurora Securities Inc said. The
        548 words
      • Article
        Taipei
        465 20 -76.58 Share prices closed 1.4 per cent lower yesterday due to a lack of fresh incentives to boost the sagging bourse. "Investors are losing faith as the Central Bank of China has been unable to grant further money-loosening measures," said analyst Kuo Ming-kun of Capital Securities. "Current political uncertainties
        465 words
      • Article
        New Zealand
        251 20 •13.02 Stocks fell yesterday, with discount retailer The Warehouse Group Ltd leading the slide. However, Murray Doyle, a director at Doyle Paterson Brown, said The Warehouse shares didn't decline as much as expected. "We still think it's got considerable growth," said Doyle, whose firm handled the initial public
        251 words
      • Article
        Bombay
        146 20 +53.04 Shares on the Bombay Stock Exchange (BSE) ended higher yesterday as speculators bought in the expectation of an announcement on forward trade today, brokers said. They said speculators anticiEted news on the revival of ■ward trade on Indian exchange at the meeting between the Securities and Exchange Board
        146 words
      • Article
        Untitled
        268 20 Seoul M 14 WmCM) Aafcak tmmmm 2310.00 -ae.00 Am Com *0 00 -UK OaikYaag 1200.00 MCk ■aafcOrOwJa 119.00 UIO ■ookook 137.00 7.00 Bmc* Saa 154.00 4.00 CtoriSrmheTcH ***** -IOlOO Cbaaf Kaa Daai 310 00 LOO CfcooaiW moo 3.00 Dm Wooa| Pfcanaa 3»5 00 3X10 DM*I 112.00 6.00 Dm tllOO 6JJ0
        268 words
    • WORLD STOCK MARKETS
      • Article
        London
        659 20 +13.4 BLUE CHIPS yesterday managed to hold modest gains in thin trading volume at the start of a week bursting with economic data, as a firmer start on Wall Street largely offset concerns over a profits warning by United Biscuits. The FTSE 100 index of leading UK shares closed
        659 words
      • Article
        Frankfurt
        190 20 +14.71 The DAX index climbed 14.71 points yesterday to finish at 2,199.61. It traded between 2,196.30 and 2,205.15. Daimler-Benz AG climbed steadily yesterday on hopes of their being able to sell more abroad. Traders said that as in recent sessions, the US share market could play a key role
        190 words
      • Article
        Brussels
        171 20 -2.28 Belgian shares closed narrowly lower in thin holiday trading exaggerated by the reporting of 229 off-bourse basket trades. Shares ended at mid-ses-sion levels, down 2.28 points at 1,479.83, after moving in a narrow range between 1,477.88 and I 483.71. "It has been a dead duck of a day,"
        171 words
      • Article
        Amsterdam
        223 20 +4.22 Dutch shares resumed their record-breaking run yesterday, pushing past the closing high set last Thursday as Philips again moved higher and investors continued to feel good about the dollar and Dutch fundamentals. The AEX index closed 4.22 points up at a new closing high of 459.90, clawing back
        223 words
      • Article
        Stockholm
        141 20 +13.63 Swedish stocks rose yesterday, led by pharmaceuticals shares amid gains made by their U.S. counterparts. Bonds were higher as the krona, supported by a stronger dollar, rose against (he deutsche mark. The yield on the benchmark 6 percent bond due 2005 fell to 10.46 per cent from 10.49
        141 words
      • Article
        Zurich
        156 20 Swiss stocks yesterday rose to their highest level in 16 months as renewed strength in the dollar boosted the earnings potential of industrial shares. Drug company CibaGeigy AG and other exporters, as well as Union Bank of Switzerland, led gaining stocks. Zurich ■W 17 Fraac* AlwmwBr 774 Bovcn Mr
        156 words
      • Article
        Toronto
        237 20 -1.5 Toronto stocks yesterday opened flat in a typically quiet Monday morning session, with oil stocks generally lower, market watchers said. The TSE 300 Index eased 1.5 points to" 4687.3 on volume of 10.2 million shares with a value of Csl36 million. "The markets are 'off here in Toronto,"
        237 words
      • Article
        Milan
        259 20 +67 Italian stocks rose yesterday, as investors took the maximum credit period available by acquiring stock on the first day of the new account. That means that investors buying stock today do not have to pay for it until the account ends in a month's time. Prices were further
        259 words
      • Article
        Now York
        728 20 +19.02 The Nasdaq composite index punched through the 1,000-point barrier for the first time ever yesterday, buoyed by impressive gains in technology stocks. The Dow Jones industrial average also gained ground. Shortly after 1 pm EDT, the Dow index was up 19.02 points at 4,727.84, barely nudging out
        728 words
      • Article
        Untitled
        886 20 Britannia Funds SMf*« Caak m Oflcr Mia Cap Doom *****0 3*.6 500 Mm Jotty G* 0.1*93 0 1992 Mm Mn Inrame *0 9200 *0.9500 US$ Ca*h tacoKFWlFarf 10.4700 11.0300 PS S Rocrvc Fuad ***** 5.5400 0.4592 0«*3« Far Eaa Fuad *17*50 ****** Man Portfolio 2.0450 ***** UK Growtk Fuad *****
        886 words
    • Article, Illustration
      Lock icon HONGKONG
      2518 21 Reuter HONGKONG Stocks ended lower yesterday on profit-taking by investors expecting a further consolidation, brokers said. The Hang Seng Index fell 93.98 points or 0.97 per cent to 9,633.98. Turnover was a thin HK52.57 billion. "1 think we are in a profit-taking phase," said Jenny Ting at Mansion House
      Reuter; Source: Bridge Info  -  2,518 words
    • Article, Illustration
      Lock icon CHINA
      568 21 CLSA IN HONGKONG, the H share index fell 0.3 per cent to 1,163.51 on turnover of US$6.B6 million. The most active stock was Maanshan Steel which fell 0.6 per cent on a turnover of US$l.B million. In Shanghai, the A share index surged 6.7 per cent with a trading
      CLSA  -  568 words
    • Article, Illustration
      Lock icon TOKYO
      2446 21 Reuter TOKYO Stocks started the week on a very Arm note yesterday. The Nikkei 225 Index swelled 324.77 points or 1.97 per cent to 16,842.47, closing at its highest level in nearly 10 weeks. Brokers said a strong rebound by the US dollar against the yen and a wobbly
      Reuter; Source: Bridge Info  -  2,446 words
    • Article, Illustration
      Lock icon BANGKOK
      1413 21 Reuter BANGKOK Thai stocks closed sharply lower on profit taking yesterday amid jitters that a new Thai cabinet being formed by Prime Minister Banharn Silpa-archa might not meet public expectations, brokers said. The SET Index shed 13.92 points, or 0.9S per cent, to finish at 1,447.09 on moderate turnover
      Reuter; Source: Bridge Info  -  1,413 words
    • Article, Illustration
      Lock icon JAKARTA
      1153 21 Reuter JAKARTA Share prices ended mixed in active trading yesterday, as players fixed their attention on the Bimantara shares listing, brokers said. The Jakarta Composite Index rose 3.61 points, or 0.71 per cent, to dose at SI 1.87. "The market appeared to be dominated by Bimantara with almost 28
      Reuter; Source: Bridge Info  -  1,153 words
    • Article
      CLOB INTERNATIONAL
      2311 22 Gr Gr IMS Laat Vol Da; LMOntt Dt* Dt» YW Net MDf Higk Um Caapaajr Salt CNf) H%k Lo» Bayer Sdkr O P/E tarii MALAYSIAN STOCKS 471 196 m AtSB 30c 412 unck 37) 416 410 410 412 10 -2.9 0 2 422 5 127 77.5 AMDB 50c
      2,311 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Investors target smaller, speculative shares
        6807 22 Bloomberg Business News KUALA LUMPUR Stocks were little changed as investors purchased shares of small companies while largely ignoring those of big companies. "The blue chips are already hitting all-time high values, so most people will focus on the second and third-liners," said lan Lui,
        Bloomberg Business News; Source: Bridge Info  -  6,807 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7221 23 U*52i5255E Gr Ct M Wt IMS Laet Vai Day Laal Qaak M> N> YH NM Caa A>| Hlgk Lew Campaa, Sab >/- CM*) High Law Bayer Safer C*w P/l Sari Prtca WDMITDU. AND rOKIWCHCIAL 4M 3*2 ml Acma 50c 00 -4 IliW W W «2U MUIOO Ml.7 4(4 430 430
        7,221 words
      • Article, Illustration
        Lock icon Dow's fall, weak interest in blue chips dampen market
        1724 24  -  By Paul Leo SINGAPORE Local stocks ended lower yesterday as last Friday's Wall Street decline weighed on sentiment A research manager, however, attributed the weak showing of the local market to "Monday jitters'*, adding that the underlying tone is still firm.
        Charts by Bridge Info; Source: Bloomberg  -  1,724 words
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      201 16 CHEUNG FAT GARDENS Prime En-Bloc Luxurious Apartments for Sale in the Heart of Shanghai O Only available for en-bloc sale O Unrivalled location along Fan Yu Road, n the Chang Nin 9 District It O Nearto Hong Qiao Airport Mass Transit V"P Railway station O One of two 28-storey towers
      201 words
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      89 16 We provide consultancy services on offahom structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Island* Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration sendees are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      89 words
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      126 17 UNK TRADE PTE LTD pn Vnl I lipiitaOiin) FMALMEETMQ NOTICE IS HEREBY OIVEM pursuant to Section 306 of tha Companleo Act (Cap. 80) fiat dm Final General Meeting of dm Mnmbora of tha abovaruunad Company a« beheld at dieOMce of MWaa Sang Thmg A Co., 1 Colombo Court #07-01/03. ttnw«s
      126 words
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      Page 17 Advertisements Column 2
      253 17 The Bukit Katil Robber Estates Berhad (Incorporated in Mikjrii) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN thai an Extraordinary General Meeting of die Compaay will be held at No. 22 (Upper Floor of No. 20), Jaiaa HaigJebat. ***** Melaka on Friday, 23 Aagast 1995 at 11.00 ajn. for
      253 words
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      Page 17 Advertisements Column 3
      238 17 TOLL-FREE TEL. No, 1-800-'7AI-1 883 FAX:74I-19QB NOTICE NOTICE IS HEREBY GIVEN that, I TOH KIM KOH of Blk 637 Hougang Ave. 8 #11-117 Singapore 1953, have applied (or a Retail Beer Shop Licence in respect of M/s Wan Shi Lee Mini-Supermarket located at 631 Hougang Ave 8 #01-18 Singapore 1953,
      238 words
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      Page 17 Advertisements Column 4
      545 17 IMB COMPAMEO ACT, CAP. 00 IMMTOWBVMIBPfEtro At a UOIM ai Ufoim M6ooog or now TUNG YANG PTE LTD duly oorwanad and haW on fia 14ft My d July. IMS fta Mtoaftg apadd laaduMn waa paaaaB t SPEOAL RESOLUTION TIM fta Coapany ba wound up voluntarily puauant to Sactton 290<i)(b)ottwCo»npanweAct.Oap 90
      545 words
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      Page 17 Advertisements Column 5
      360 17 NOTICE NOTICE IS HEREBY GIVEN that, I NG CHI HONG HENRY of Blk 142 Tampines St 12 #10-310 Singapore 1852, have applied for a Public House Ist Class Licence in respect of M/s La Samba Pub And Confiteria located at No. 32 Circular Road Singapore 0104, and that this application
      360 words
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      24 18 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 1800-749-2577.
      24 words
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      515 19 TQrrpßEßTE^uSMßla^^fxlwßS^^ JURONG CEMENT LTD MVfICE OF AMUAL fiENERAL MEETMO NOTICE B HERB* Gftßt M la Ilea* Second Amu* Gaarti Meeting ofla shareholders of In Company afl be laid on Ifafeasd* 2nd August 1995 tf 11jOO un. at 2 FWayson Green #07-06 Asta Insurance BuHdhg SkigaporeOKMlotaaactla tofaringbißiness:1* To reed, consider and
      515 words
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      Page 19 Advertisements Column 2
      20 19 As and when the latest London/ Rotterdam prices are not araiiaMe, the pcerkNß trading day's closing fignres art carried instead.
      20 words
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      124 20 The Korea Stock Exchaage was closed far a national holiday yesterday. mSS sss aSSSk sss sss A IF ELECTRONIC AIR CLEANERS, USA. A SUPREME 2000 (Ceding Unit) 1000 (Ceiling Unit) T-1300 FMIOOO (CeflingUnH/ FMSOOE TRION's Electronic Air Cleaners improve Indoor Air Quality by Rush Mourned)'' 1 removin 9 U P
      124 words
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      137 21 Because we are Nnked to the computer systems of the Stock Exchange m m m |mw V of Singapore you can track any price movements in your stock shares Y 1111 AD F IN I IINTDOI and make tfmety decisions anytime, anywhere, The Stock Page Classic 1 II JLaf lis
      137 words
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      114 23 Solve your To provide you wltk virw*iL styling tkc Wumber 4 TLf Hair' PrnLLm »ms* s w«kU»int*rcK^^ 1 riat nair 1 robl *FlL„ rnnts attachments Root Lifter/ \£lumtoer Brusk wftk soft M I tristlc*, Curling "Io«s and Styling Brusk. Unlike JM Ife conventional wlumkM to Root LJtcr attackment kelps m.
      114 words
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      203 24 Ftysmooth as siUc to a go!/ holiday in Thailand and shoot 200. (Golf courses, that is.) I I I I I I I I There arc over two hundred golf offers an unbelievable choice. The modest cost involved will ROYAL fifiOlf and our world renowned Royal Orchid packages in Thai's
      203 words
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      24 24 M& sar~:E= a. a Si aODDB E2Z2ESL 15! ul issi Put Mud by Jvdw narrvng tnftwwlftorMl SiQiiM LMM 'Sj (Incorporated in Brlsh Wgin Mind)
      24 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      498 25 Knight-Ridder Reuter DRY cargo freight rates firmed slightly yesterday but broken say secrecy clauses in charter parties are preventing the release of information in all areas. The latest caper fixtures are a particularly glaring example with a good volume of business being concluded but little information reaching the
      Knight-Ridder; Reuter  -  498 words
    • Article
      Port of NY-New Jersey cuts charges from Aug 1
      277 25 SINGAPORE The Port of New York and New Jersey will cut charges from Aug 1. Cargo assessments charges levied on cargo to fund dock workers' fringe benefits will be reduced, the New York Shipping Association (NYSA) and the International Longshoremen's Association
      277 words
    • Article
      Lock icon Mobile train ferry wharf built in Wuhan
      121 25 Bermama-Xinhua WUHAN China's fust mobile train ferry wharf has been constructed in this capital city of central China's Hubei province. A key state research project, the mobile wharf suits the needs of train transport over rivers in time of war or peace. It
      Bermama-Xinhua  -  121 words
    • Article
      S'pore Poly maritime dept awarded ISO 9002
      197 25 SINGAPORE The Maritime Technology and Transport and Civil Engineering and Building departments of the Singapore Polytechnic have received ISO 9002 certification. The Maritime Technology department received its certification on May 12, whik the Civil Engineering Department received its certification on April 2. "Achieving
      197 words
    • Article
      MARITIME STOCKS
      320 25 SES WO Jul 17 S$ Vol CWT Distribution 1.64 -0.01 1 Chuan Hup Holdings 1.21 unch 30 Coaco Investment 1.94 +0.15 1255 Coko investment A 1.74 Far East Levingston 7.10 +0.15 346 GB Holdings Ltd 0.765 -0.005 22 Hai Sun Hup Group 0.92 +0.01 641 Hitachi Zoaen Sing
      320 words
    • Article
      Viet ports aim to double their capacity by 2000
      745 25  -  Funds to come from domestic budget, international loans From Tran Dinh Thanh Lam in HO CHI MINH CITY SEA and river ports in Vietnam are targeting a combined capacity of between 70 million and 75 million tonnes of cargo by the
      745 words
    • Article
      Seller must reveal ship's defects before delivery
      535 25  -  By Ramesh Divyanathan SINGAPORE A ship seller's obligation to notify a classification society before delivery of matters that would affect the vessd's class became the subject of intense litigation. The case of the Niobe ended each stage of proceedings with a different result.
      535 words
    • Article
      Lock icon Rules said to be hurting M'sian haulage industry
      373 25 MBT KUALA LUMPUR The capacity and efficiency of the haulage industry is being hit by rules and regulations for conventional transport, a conference was told last week. The chief executive officer of haulier Kontena Nasional, Mohd Mokhtar Abu Bakar, said the relerand
      MBT  -  373 words
    • Article, Illustration
      Lock icon Spanish shipbuilding industry set for tough restructuring battle
      468 25 Reuter MADRID Spanish shipyards and workers were scheduled to begin talks yesterday in what promises to be a long fierce battle over restructuring the state-owned shipbuilding industry. Unions, opposition parties and regional leaders have rejected a plan by the government's industrial holding
      Reuter  -  468 words
    • Article, Illustration
      Lock icon Japanese fleet on verge of extinction
      634 26  -  Tax and accounting problems.,(high costs and legal restrictions are blamed. Shinichi Kishima reports Shinichi Kishima Reuter CEAN-GOING S M M ships flying the red-and-white sW M Japanese flag, once the symbol pride of a nation prospering on trade, are now sailing "towards extinction, industry
      Reuter  -  634 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      317 26 •ANL 3 Able 7 Accord 10 •Ahlen 6 •Ahrenkid 4 •Appenship 4 Astro 10 Austral II Avant 6 BSA II Batamindo 7 Bright Express 6 •CCNI 4 •CMA II •COSCO 7 •CSAV 3 Centenary 7 Central En II Chahaya 4 •Cho Yang 5
      317 words
    • Article
      THE SHIPPING GUIDE
      10447 32 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement A AdoMda M FT 07/00 ANL NEPTUNE IVORY 01S 3 1007 07/08 P&O
      10,447 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        557 37 r *1 Meal Departs I (W) Kamera J1 atoapde 18.07/1900 Batm Bahapa 07/03/95 J1 *»«ade 1807/2330 Batm tarn 07/03/95 J1 ak>«s«fe 18.07/2315 tan Jeya 29/95 J12 aioncade 18.07/0900 07/07/96 J9 aioncade 18.07/1300 P«s 1/95 J17/18 aioncade 18.07/2300 v hfcu Sumatera 13 akxigade 1807/2100 *«wn 1 M/5 atongsjde
        557 words
      • Article
        CONTAINER SCHEDULES
        1488 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO > Ricwd BMkkiK/BriaK* Mb 9# If III EM/BE Nrtrt Ff T« Frw to Uac 046B 18/2359 1A 17/1500 17/1659 17/1900 IB 17/1500 17/1659 17/1900 2A 17/1700 18/0659 18/0900 2B 17/1700 18/0659 18/0900 3 18/0700 18/1159 18/1400 Aa Swan 179A 19/1000
        1,488 words
      • Article
        COCKETT BUNKER MARKET REPORT
        838 37 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        838 words
    • Air & Land Transport News
      • Article
        Lock icon KL to formulate aerospace, aviation policy by year-end
        403 38 Task force to outline goals and strategies Bermama KUALA LUMPUR Malaysia's national aerospace and aviation policy will be formulated within the next five months, setting the country's direction for a broader and more active participation in the industry. The chairman of the
        Bermama  -  403 words
      • Article, Illustration
        Celebrating the three 7s
        105 38 SINGAPORE The Boeing Commercial Airplane Group's fcality north of Seattle got an nnusual splash of cokxr recently when All Nippon Airways (ANA) celebrated the Japanese Tanabata, or Star, Festival there. ANA, Japan's largest passenger airline, adorned the exterior of its first Boeing 777 aircraft with paper
        105 words
      • Article
        Lock icon UK motor trade society calls for incentives to buy new cars
        496 38 Bloomberg Business News LONDON The UK's Society of Motor Manufacturers and Traders (SMMT) have urged the government to come up with an incentive plan to encourage owners of ageing cars to turn in their "old bangers and smokers" for
        Bloomberg Business News  -  496 words
      • Article
        Lock icon More aerospace firms since Soviet breakup
        188 38 AP LONDON The Soviet breakup has led to a dramatic expansion of the aerospace industry, mainly in Russia, according to a new Jane's directory released recently. In the West, Jane's said, the US is experiencing a period of mergers and reorganisation in its aerospace
        AP  -  188 words
      • Article
        Lock icon Hyundai to build US$200m car plant in Vietnam
        217 38 AFP SEOUL South Korea's leading Hyundai Business Group signed a USS2OO-million (***** million) contract yesterday to build a joint-venture car plant in Vietnam, group officials said. The contract was signed in Hanoi between a Vietnamese state-run trading company and the group's car
        AFP  -  217 words
      • Article
        Lock icon Buyers of Proton cars blast high loan rates
        177 38 Bernama KUALA LUMPUR Financial institutions are continuing to charge high interest rates for loans given out for the purchase of Proton cars, much lo the disgust of buyers who claim that interest charged by the same institutions for other makes of vehicles
        Bernama  -  177 words
      • Article
        Call for checks on new HK airport's finances
        254 38 HONGKONG Lawmakers in Hongkong want to play an active role in monitoring nearly U5536.6 billion (SSSO.9 billion) of taxpayers' money they approved last week to finance the new Chek Lap Kok airport. The Finance Committee has called for internal audits by the
        254 words
      • Article
        Lock icon Viet airlines told to reimburse customers
        117 38 Reuter HANOI Vietnam has withdrawn airfare hikes for domestic passengers and instructed its two airlines to reimburse customers who paid them, a government official said yesterday. The official confirmed local newspaper reports that said Vietnam's Civil Aviation Administration had been instructed to withdraw the
        Reuter  -  117 words
      • LOG BOOK
        • Article
          Lock icon Qatar Airways to buy two B747s
          131 38 Reuter DUBAI Qatar Airways said it had signed a contract with Boeing Co for the purchase of two 7475. The official Qatari newt agency quoted the company's chief executive officer as saying the contract was signed "recently". The agency did not say whtthei the
          Reuter  -  131 words
        • Article
          Lock icon Vehicle sales up 19.6% in Thailand
          107 38 Reuter BANGKOK Total vehicle sales in Thailand in the first six months of this year rose 19.6 per cent to 272,848 from 228,202 in the corresponding period last year, Toyota Motor Corp's Thai unit said. The vehicles comprised cars, commercial vehicles and one-tonne pick-ups.
          Reuter  -  107 words
        • Article
          Lock icon Car sales still climbing in Indonesia
          109 38 Reuter JAKARTA Indonesia's largest car maker PT Astra International said Indonesian car sales rose to 33,453 units last month from 31,762 units in May, and compared with 27,126 units in June last year. A monthly report compiled by Astra showed an upward trend since
          Reuter  -  109 words
        • Article
          Lock icon HK forwarder's profit down
          136 38 Bloomberg Business News HONGKONG AWT Worid Transport Holdings, an air freight forwarder and property investor, said its net profit fell 3.6 per cent in the financial year ended March 31, 1995. Profit, after tax and minority interest payments, fell to HK527.029 million (554.88 million) from HK528.042
          Bloomberg Business News  -  136 words
        • Article
          Lock icon German railway won't sack staff
          108 38 Reuter FRANKFURT The German Railway, Deutsche Bahn, aid it will manage the drastic cutback in its workforce without dismissals. Deutsche Bahn has said it would reduce its workforce by 100,000 to 200,000 by 1998. Management board member Horst Foehr, who is responsible for personnel, told
          Reuter  -  108 words
      • Article
        AIRCRAFT ARRIVALS A DEPARTURES
        1379 38 c% ram ra wm n» i—M SQ441 1506 SQ228 2120 WJ188 1325 AmMM KLB43 0456 KL844 0110 SQ323 0746 GA886 0236 MJB37 1450 KLS38 2300 SQ324 2330 GA892 2350 SQ288 2040 SQ286 2046 tori BM31 1106 SQ182 0916 SQ18I 1410 8M22 1210 BK29 2115 hriWi MZ906
        1,379 words
  • Page 25 Advertisements
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      44 25 BELIZE HONDURAS PANAMA REGISTER OF SHIPPING PTE LTD For registration of vessels, survey issue of Technical Certificates on behalf of maritime authorities of Belize, Honduras Panama Japanese fleet on verge of extinction: Page 2 KL to formulate aerospace, aviation policy by year-end: Back Page
      44 words
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      Page 25 Advertisements Column 2
      14 25 Your Choice, Your Satisfaction Tel: *****55 Fax: *****60 Pis see Pa 3 for schedule
      14 words
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      566 26 SNSC elects new chairman I wc Shipping anchors D atSuntecClty Northwest Airlines is offering a complimentary two-night stay with Tan Puay Hing was elected Chairman of the n breakfast at the Omni Marco Polo in Hongkong for any purchase Singapore National Shippers Council U R transpacific First or Business Class
      566 words
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      Page 26 Advertisements Column 2
      176 26 Lines and services represented by Msmbsrs of the Registry o( AccredKed f{lg|l Shipping Agents, Singapore Nstioosl Shipping Association. fa sdnrthing enquiries, contact Shipping Times: Tel 740-206$ PORT SHOTS^ The latest in sea, air and land transportation i Shipping Times Monday to Friday BusinessEmes 3 i' WORLDAJAX IMP 22/07 HMMmAMMmem I
      176 words
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      760 27 WHOLESALE CEHTRE, BLOCKI. 10-IISJNGAPORE96II TVLi 7THW (IS LINKS) FAXi *****15/*****58 TLXi WtMIHWOM FflllP «a wr mm mm wsmam mm WK MB MB MS/MOMS HDMI VK H/V MB lmmiMßL smum i« w w mSSmm rum i vk mb mb mmmn ME t/fc V/V If/V wsm vk 3i/v cm mm/mm mm Ms
      760 words
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      Page 27 Advertisements Column 2
      1103 27 MJW^m PAfIBC SOUTH WIST EXPIISS (HKfCT) vgg I vor I ana lana m I m I I I nm I wow I —c I wot I m I I I I I L>JLi I 1.- li. 1 1 i~s!l 1.- li- 1-l- 1 I—ml i— "i I I—TIHOi WL 95k
      1,103 words
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      Page 27 Advertisements Column 3
      383 27 mmm hanjln shipping IS BB m m iirarn* wiMf iui mi lIMI m/ll IMU wmii m lifo\ZmamSt *m afl» \vm HE'S yssyf. S SSiBBIIS bSIiISM sssar aKg is imimtsi ma a sHa™ bkw |i»—unmi \mm \mm 1 mm mm 5 |ii>S n>s |»>lr ET^^^^SSHHSnro'inTßl 11 6 CZSL Z L!!L I
      383 words
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      915 28 _4■rllr iißlilVill t l h #il BH H iWH"! >lf| «a m h m i m paum!' m m uo wo sm me ms wwkwi "a%r ~s*~-as m r in 7-gy-ifl- [sBb ~iH'~Sl \jhr ~~£j~ i¥~ -jfc— iir ~us~ ~s~ ~jn~ iir J laa 4i/«a iy7 iyy ii/y iyy I
      915 words
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      Page 28 Advertisements Column 2
      1058 28 I NORASIA *555* 551 35 35 35 35 35 35 35 35 35 35 35 I KM MALTA MM «M Ml Mi Ml Mi Mi MM Ml Ml Mi IM I MM MM Mi Mi MM MM Mi Mi ttM 11M MM MM MM ftMi MM Mi Mi TIM MM
      1,058 words
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      Page 29 Advertisements Column 1
      934 29 STRAITS SHIPPING PTE LTD mm mm it hm cmw« om* #11-91 um* timti Sl6fsporo 0298 T»l: *****58 Fax: *****17 M3mS? BSSSS SSft S£ m CJMMAMM WM7tUM.Ut.« M44A* MM» MA«| jjwww MriMK.an.ttß m-ha* ttS« ommiuwm zun fwmwt MaMHM.ui.ai tin am mm* aa* tJMMtta wißeee.uk* uaha* m«m km i—— mm vn u^mmmmmkimhi
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      Page 29 Advertisements Column 2
      1253 29 lßfc Containers p uj First Class Connections WORLDWIDE iJnis 2233. Teiec rs 3*5*4 pnocsp Fu2?53r7/222 7517 <; S* Nak«t mm mmz ■TiTfTTTT^Jgg^^^^—j r if WBOBL W ■Ml PU m IWW MTT MT NAM MT MM LBH 9606 17/07 ***** 2*07 07*08 11/00 5" «0T HAM Ml SOU LH AU M
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      Page 29 Advertisements Column 3
      171 29 5 lig ~igr~ll MMiwraMs nm 1?m mm mw am ~am~ ~am —am 1 —SST mm mm mm II wmmmmv -jFTwTai mSF TST 75T "isr "W "55" W T wHI «n am am am v-am Hm~ ~mm~ "SSS mm Sf ""ST mT nw II >joaa»tic% 11 1 I I I I
      171 words
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      Page 30 Advertisements Column 1
      745 30 Ml MP M M W M( UK UK Ml W M m K MP ®******? 52 US 22 IS 22 252 £22£E1" ■1.2K2L2Y2L 2* 22 22 22 22 22 n* vt m wdo ■»t MM MMM M M M M M )H E. 9LOK OHM 4/7 7/7 1/7 Vt Vt
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      Page 30 Advertisements Column 2
      302 30 j m irrTTTSTTTVYYrm t Ijjjojjjgj" nIS HS &S ,MI £S ttS I I I ■SSSBw im) j*jj 3S 25 rS I *rr HP ®HWWrt Ijm «kw Smmwi itS hS itS !tS tmh I ■SSSa SSmTm nm \m S j*j| 33 85 I rw> 7 una ter SBSL SSSfiv \m SS?
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      Page 30 Advertisements Column 3
      218 30 IB Frecm I s:gar w I W <iwT avQB FUIXY COWAINEmSEP EEGULAK LINEE SEEVKX 1 ACCEPTING BOTH PCI7LCL ALSO BOrfSOC I Dubat PortKatang PertapatanTimorLaut T*(o3) *****0******03 Parang Tarura Marina Tat (04) **********533 Bang** Enmn Shipping Tat (86-2)*****83/92 Jakarta -PT FraigM Express Tat (82-21) **********8107 J IWKE WBffirCWnMBHSB SBVKZ TO RIGA,
      218 words
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      Page 31 Advertisements Column 1
      1164 31 to- |a>INWHMkt«ST i| COBfTBMIH ANEMCA Ufvnt »—m 4f«« w <——»«BHM O*»/ COSTAR SHIPPING PTi LTD r SJSSSt£& m Mmr rm 4l/944 c~m», tm-ntmm c~»i~c4mm tmmhm Wwr 01T-4t CwMM lININ M «MTN Cwtinn itmu pmiSt cn*unrmmm mourn *,*»**tn d-iumtm umtm •wmkn g»? jOMOMt offict: runtuii fVitiSim MBMM-X COSTAA AMHCttt IK) tOM
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      Page 31 Advertisements Column 2
      708 31 HEUNG-A SHIPPING (KOREAN FLAG) I SUM IHffH I Wff lIW Ipr I lf/ff ff/y I W/Wl H/jf l tvwl BLUBMB__I-illl*| k/plh/blp/W- |ii/mjw/MTM/M I 1 18/E!£/£IC/m Hyßlt?/Clli/BI3tRSS 1 mSIH/Sl* In/Hi IS/Bw/yjflySl iwnwii Ctim I WH27I 11/87 1 It/*****/871 22/87 113/871 M/ 87 1 81/MIB2/MI NEPTLME AOEWOES PTE LTD ctpfmb msni n/v
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      Page 31 Advertisements Column 3
      539 31 Jjg FAMOUS CONTAINER LINES I 80 ROBINSON RQAD, #22-02 SINGAPORE 0106 ji HOTUNE: *****33 (30 LINES) GOTHENBURG/SCAN 24/07 ROTTFRMM 24/07 AARHUS/COPENHAGEN 24/07 HAMBURG/BREMEN 21/07 MARSEILLE/FRANCE 23/07 FELIXSTOWE/UK 24/07 BARCELONA/SPAIN > 19/07 LEHAVRE/FRANCE 21/07 GENOA/tTALY 23/07 ANTWERP/BELGIUM 21/07 j LOS ANGELES/WC/IPI 21/07 SYDNEY/MELBOURNE 19/07 NEW YORK/EC 21/07 AUCKLAND/WFI i moron/IP 22/07
      539 words
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      Page 34 Advertisements Column 1
      1031 34 ivbik vw «m «r 1 Ivma. vor mt gg I B^^i 11 11 11 aoooij+r om ~w«d 119/07 ~**> lavo? I thanabhum hbn "tw |>>h ~»M |n*>7 M «N f NAWABHUM Oil HBI_ £ftSZ_ _MS2_ ilfiZ- J BHATIUBHUM 8801 L-_ JUSL J»2L. «SZ_ j- M 4 MAHA BHUM* MN Wad
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      Page 34 Advertisements Column 2
      716 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 CR **********0N PORT KLANO PgWAHO va«a wr m na *oa wnr m m SEA LAUREL 408N 2Q07 THU 21)07 FN XOURJAYA ***** 1807 TUE 21*17ffil EAGLE MOON 083 A 2007 THU 2207 SAT LHQTSE 5041 2207 SAT 2VQ7MQH XOURTKBGI ***** 2107 ffll 2307 SUN
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      Page 35 Advertisements Column 1
      493 35 BSA itT i? MYANMA \BBk FIVE STAR LINE (Myanmar National Una) v Loading for Yanfon (Rangoon) lm P.ng KN PG4g MYOMAYVMYIMW «B PATXIN VI33W 2&07 NAUDniAAOBfTL MWSTIAD SMFPM6 AfiCNCES KUL TH K-M-Z4173M PKL TEL P-«3-J7WHI PEN: TEL tt444t1248t P6O: TEL K47-*****M/4 M NIGERIAN NATIONAL SHIPPING LINE SPORE FOR TBN 31/07
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      Page 35 Advertisements Column 2
      818 35 ADVANCE CONTAINER LINES (PTE) LTD A A I 140 C«cA StrMC #12-00. PH. BuAdng. Singapore 0108 |[M|| fAV'W'* TEL: 221X21, FAX: *****11, TELEX: R8 ***** ACLPL CO NO **********06 f ;> If S3 I mm iTrr* rm i Iw I ■MHlTlltfllfmi llllf TliT 1 wtMTA mm pap w. mi MS.
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      Page 35 Advertisements Column 3
      644 35 lew wa *****—0000z Hill wy m t£HMi hambuwo pwwimi uniiwim" miimw vmxEoeußßA uow aa*x7 7 wb 17/ os 55 2*5 ivs VLLEOENOfIMA MOW 01AM 22A» MM 2MB 27/5 MM *L±£OECAfIMA CKMT 0t« j SMS 31/08 OMB QMS OMB |vngoESAorn* I siow IMB~I oao> mi 55 55 55 ALSO ACCSTWO CARGO
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      Page 35 Advertisements Column 4
      5 35 GEMARTRANS jjjjf&Mißtl fijj^ issgr .aßjMaaakaaUMiattßiiattaa
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      Page 36 Advertisements Column 1
      500 36 MLJB O BUH Hairatan, Torghundi, Islamqala (Doqhetrun) ■we<*ewe C.1.5./RUSSIA: AJma Ata, Ashkhabad. Baku, Dushanbe, HlntfiUmh Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow. i SSSJimSi Novosibirsk, Sochi, Tashkent. Tbilisi. Vladivostok, Vostochny > Uiaan Bator N Kof—: Pyongyang, Nampo EXPRESS CONTAINER SERVICE ■■■■QAUSaIHHIH to west coast south america ALSO ACCamM CAMOO TOi A«KA •AMTIAOO,
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      Page 36 Advertisements Column 2
      282 36 I ASIA HKG/TWH/BKK GENOA^ROPE PEN PKL SIN 5 SAILINGS/WEEK 2f„ 2L 18/7 W 20/7 HKG/BKKAEEAHH G hagan/S holm/Otlo 22/7 W 24/7 2£ 2£ 22 ESESSfi!! EXwAat/Ham/i* WWW m www KfflMK.Hk IPN/VfIDCA/UIMI A j 18/7 19/7 20/7 SHANGHAI/DALIAN fSBBBS HAMBVBOJNB Manila/Catou w 20/7 21/7 i—————— Takyo/Osa/Yoko 21/7 22/7 23/7 AUSTRAUA/KWZEALAM 22/7
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      Page 36 Advertisements Column 3
      231 36 I 1 COSCO BPOMTTOc CMNA/HONQ MOW BJAOF«ZCOimNB<TAL MRMUk WMroiMrOOMT MMMNQUMUMCM PlaaMj^abo^iMqk^aarvioaaloCNnaOoawißhlpplwßCo. VEBSEL 90P* PEN* PKL+ HKO 3HA QM TUOPC/0187 16/07 17/07 I®o7 2M37 2S/07 01/08 we HE ATI ae 2MJ7 27AJ7 7*07 OSO6 08*08 12/08 HUASHUNHEAJOBI OUt 07/08 o*oB IVO6 1M 22/08 njOtC/DIM IMB 17/08 I*o6 2SOB 28/06 01/08 WE3KE/0188
      231 words
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      Page 36 Advertisements Column 4
      257 36 STRAITS/JAPAW STRAITS SERVICE MULTI-PURPOSE SROROCARRER SPECIALIZE SI HEAVY UFTCAROOUPTOI2O TONS RAMP CAPACITY UPTO 90 TONS VPia rSI w I W; mmtmim i nn mJSSSimmmn'. MMOTA 4A WHO 9/% KMMSMDM/I OUMH 7 a/7 mok n np Hp nmmimup *4 COSMICOMUMB »/7 MUM/? ASM IMA 4 H/7 Wa*W«/7 ■HMTVCtt 149 27/7 a/7
      257 words
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  • Page 37 Miscellaneous
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      Page 37 Miscellaneous Column 1
      120 37 REGIONAL WEATHER UGCNO; R Thunderstorm T*™p*roti** c v Show«r W*cth*r —X Wind <«r*ction with ipNd in knot* Wav. Cloudy Sky h flM S*rf*c* vindl «r* in«cot*4 by arrow* wtodi fly wit* tli* wind On* M cird* r*pr*c*nt* calm or Sght and variabt* wind* J_» On* half ftoch* r*pr***nt* 5 knot*
      120 words
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      52 38 M.V. "SUNNY VENTURE" VOY 7 AMD Mi JULY IMS Consignees of all damaged cargoes ex the captioned vessels is hereby notified that a general survey will be held on the I9th July 1995 0900 1200 hours at PTBA. No further survey will be entertained thereafter. Aa Ageats: "K" Liae Kiakai
      52 words