The Business Times, 6 April 1993
1993-04-06
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The Business Times
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Title Section13 1993-04-06 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Tuesday April 6 1993 75'13 words
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2am LATEST
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48 1993-04-06 1 AP GENEVA Inflation rates slowed last year in most countries outside Latin America and Africa. The International Labour Organisation says 60 per cent of the 94 countries reporting to its statistical bureau have said price increases were lower than during 1991.AP - 48 words
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84 1993-04-06 1 Reuter RENNES. France French and British fishermen, at odds over Channel fishing rights, have joined forces in urging their governments to find a swift solution to their dispute. The French fishermen contest Britain's claim to fishing limits around the Channel Islands. FishermenReuter - 84 words
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47 1993-04-06 1 Reuter PARIS French farm union officials say their meeting with Prime Minister Edouard Balladur today will focus on the General Agreement on Tariffs and Trade talks as the new government seeks to map out quickly France's position on the issue. RcutcrReuter - 47 words
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Article112 1993-04-06 1 Stock market indices Monday Change STII 1.700.82 +12.66 KLSE Composite 656.13 +4 68 Nikkei I9.759.46 +312.52 Hang Seng dosed SEI Index 852.71 -4.49 Jakarta Composite ...309.60 -0.48 CLSA China B closed Aust All Ord 1.670 1 -13 FTSF 100 2,838.8 -31.1 Monday Friday 11 am close Dow Jones112 words
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Article, Illustration639 1993-04-06 1 Amy Balan - By Amy Balan SINGAPORE The Straits Times Industrials Index breached the 1,700 psychological barrier yesterday as speculators stormed the stock markets both here and in Kuala Lumpur. In a frenzied hunt for Malaysian penny stocks and selected blue chips, share pricesSource: Bridge Info - 639 words
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Article, Illustration358 1993-04-06 1 AFP. Reuter TOKYO Bank of Japan governor Yasushi Mieno said yesterday that the Japanese economy was expected to start recovering in the second half of the fiscal year which began this month as domestic private demand picks up. "Final demand asAFP.; Reuter - 358 words
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357 1993-04-06 1 Conrad Raj - By Conrad Raj SINGAPORE Singaporeans arc becoming the biggest group of Asian buyers of British residential property, according to local real estate agent Peter Ng. who is active in the IJK market. They are said to have spent more than £30357 words
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328 1993-04-06 1 Stephen Vines - From Stephen Vines in HONGKONG THE private sector is set to play a far larger role in China's economy. An announcement from the official New China News Agency (NCNA) states that private enterprise is expected to account for 20 per cent328 words
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530 1993-04-06 1 Reuter, AP, NYT VANCOUVER Presidents Boris Yeltsin and Bill Clinton said after their summit on Sunday that they expectcd the United States to lift trade restrictions on Russia imposed during the Cold War. "We decided to eliminate discriminatory limitationsReuter,; AP,; NYT - 530 words
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364 1993-04-06 1 AFP VANCOUVER United States President Bill Clinton told his Russian counterpart Boris Yeltsin that Japan hid its true intentions from Washington at times and said he should be wary of dishonesty from Tokyo, a Canadian television station reported onAFP - 364 words
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Advertisement150 1993-04-06 1 Introducing the WORLD'S SMALLEST UGHTESTCamero NEW NIKON AF6OO iNikonl THE WORLD S FINEST PHOTOGRAPHIC SYSTEM Nikon Camera Centre Super Photo #03-26 Orchard Point Tel: *****81 /*****16 CONTENTS News Companies S pore News 2 S'poreM sia ..9.10.11 Regional News 3,4.6 Financial 12.15 World News 8 Features Markets Analysis 27 Clob, KLSE.150 words
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Advertisement10 1993-04-06 1 Property Construction II a/i-C hung piling on resorts Pk 2510 words
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Advertisement19 1993-04-06 1 Hock Lock Siew Actacorp's Sikap coup Pg 9 Lditorial: Japan's budget blitz, Pg 26 LDP drops tax-breaks, Pg 619 words
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Advertisement20 1993-04-06 1 The Bottom Lin/ Accountants slufuUi stop infighting Back Pa 7f Malaysian slocks: More grist for the rumour mill, Pg 920 words
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Advertisement8 1993-04-06 1 Low-key style for a high-key affair. Pg 278 words
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SINGAPORE NEWS
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eye on the ECONOMY
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Article, Illustration283 1993-04-06 2 Schutz Lee - By Schutz Lee RETAINED imports which surged 36 per cent in December continued to rise m the first two months of the year, a positive indicator of the economy's health. Over the two-month period. real retained imports, or the portion of imports retainedSource: TDB - 283 words
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264 1993-04-06 2 R Sivanithy - By R Sivanithy TELEVIEW, the information serv ice of Singapore Telecom, saw an impressive 70 per cent jump in subscriptions over the past year. It expects an equally good growth rate this year. At the end of February, Teleview's subscriptions stood at more than 14.000 compared264 words
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450 1993-04-06 2 Teh Hooi Ling - Messengers from govt asencv seen to be less effective By Teh Hooi Ling A TASK FORCE set up lust year to look into how to promote quality control circles in the private sector has suggested that bosses of firms450 words
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Article, Illustration279 1993-04-06 2 Kooi Cho Teng - By Kooi Cho Teng TWO YEARS after its launch. Singapore's Ryder Golf School has tutored 1.300 pupils and its owner has received offers to franchise it in the region. But director Ow Siew Kong says regional expansion must wait because the school firstPhoto by Arthur Lee - 279 words
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297 1993-04-06 2 Soh Tiang Keng - By Soh Tiang Keng BANK LOANS to the manufacturing sector remained sluggish in January but loans to the commerce sector stayed strong, according to the Monetary Authority of Singapore. The latest MAS statistical bulletin, released yesterday, says that bank297 words
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416 1993-04-06 2 Joseph Rajendran - By Joseph Rajendran THE homegrown AVS group has applied to the Singapore High Court to get Creative Technology to abide by what it claimed was an earlier agreement not to accuse it of copyright infringement. This follows a copyright infringement416 words
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Advertisement415 1993-04-06 2 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT. CAP 50 PURSUANT TO SECTION 290(2>(b) and IN THE MATTER OF MUI CHIANG TEXTILES (PRIVATE) UMTTED On Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company duly convened and415 words
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THE REGION
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429 1993-04-06 3 Alan Boyd - From Alan Boyd in BANGKOK THAILAND'S embattled Prime Minister, Chuan Leekpai, was yesterday resisting pressure to reshuffle his divided government amid fears of a drawn-out political struggle. Analysts said Mr Chuan might try to keep his six-month-old coalition of five feuding parties intact429 words
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239 1993-04-06 3 AFP KOTA KINABALU Malaysia's Christian-led eastern Sabah state yesterday approved two additional assistant ministers' posts in a prelude to forging a coalition government with a Muslim-based party. Officials said the state legislative assembly raised to 14 the number of assistant ministers and Chief MinisterAFP - 239 words
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420 1993-04-06 3 Harish Mehta - From Harish Mehta in PHNOM PENH A GENERAL who defected this week from Prince Norodom Ranariddh's Funcinpec party to the Hun Sen government has accused Funcinpec of sabotage, corruption, and forming an unholy alliance with the Khmer Rouge. Major-General Kan Rath told a420 words
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270 1993-04-06 3 THE Khmer Rouge guerillas have blamed the fall of the Cambodian riel on a "series of events", including the "imminent departure" of both UN peacekeepers and foreign traders from the country. A statement from Khmer Rouge leader Khieu Samphan yesterday said that the270 words
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390 1993-04-06 3 Reuter KUALA LUMPUR Malaysia's construction sector, whose rapid growth since 1990 has waned recently, is set to rebound this year as several me-ga-projects, including a giant airport project, take ofT. "The construction sector is expected to grow by 15 per cent in 1993Reuter - 390 words
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Article, Illustration39 1993-04-06 3 Reuter TOKYO Malaysian king Sultan Azlan Shah (left) and Kmperor Akihito of Japan standing at attention yesterday during the playing of their countries' respective national anthems. The king is on a state visit to Japan. RcuterReuter - 39 words
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367 1993-04-06 3 Bernama KUALA LUMPUR Malaysia. which emerged as the 23rd largest exporting nation in the world last year with total merchandise exports valued at MS 103.5 billion (Ss64 billion), is projected to boast of exports of MS 1,500 billion bv theBernama - 367 words
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441 1993-04-06 3 Maggie Ford - From Maggie Ford in JAKARTA BRITISH Foreign Secretary Douglas Hurd yesterday pledged to seek ways of establishing a dialogue between developing countries and the Group of Seven group of industrial nations during his visit to Tokyo today. Speaking441 words
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Article, Illustration527 1993-04-06 4 No softening of nuclear stance likely as Parliament meets AFP TOKYO North Korea convenes its Parliament tomorrow with the son of President Kim 11 Sung expected to grasp the occasion to take fuller control of the military, but with noAFP - 527 words
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207 1993-04-06 4 Reuter TAIPEI Taiwan's foreign trade is facing a dual crisis caused by the island's growing dependence on imports from Japan and exports to China, the Economics Ministry said in a report. Reliance on Japanese machines and components meant Taiwan's trade deficit with JapanReuter - 207 words
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270 1993-04-06 4 AFP BEIJING A Chinese dissident journalist began court proceedings yesterday to sue the communist party leader of northern China's Shanxi province for alleged slander, his friends here said. Yin Jin. 35, former Shanxi bureau chief for the Hainan Economic Daily, would also sendAFP - 270 words
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Article, Illustration449 1993-04-06 4 Sylvia Wong - By Sylvia Wong SINGAPORE China's spending power is often underestimated. said DBS Bank's economic research department. which is why the retail market in the world's most populous country is still untapped. In its report. "Business opportunities lor Singapore Firms", the hank encouraged businessmenSource: Chinas State Statistical Bureau - 449 words
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564 1993-04-06 4 Reuter BEIJING China's powerful economic growlh has created an average of 1.5 job opportunities for each university graduate this year, but mandatory state job assignments will continue to shackle most of the Class of 1993. "This year's college graduates in ChinaReuter - 564 words
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Article, Illustration284 1993-04-06 4 AFP BEIJING China hopes to further develop relations with Austria, especially economic ties. Chinese Premier Li Peng said here yesterday in a meeting with Austrian Chancellor Fran/ Vranit/ky. "We arc convinccd that this visit will surely play an importantAFP - 284 words
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ASIA NOTES
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96 1993-04-06 4 AP CANBERRA Australia will host a major sea and air military exercise otT Darwin next month involving forces from Singapore. Malaysia. New Zealand. Hongkong and Thailand, the Royal Australian Navy said yesterday. It will be the first time the group of nations has exercised togetherAP - 96 words
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69 1993-04-06 4 AFP MANILA President Fidel Ramos yesterday signed into law a Bill granting him special powers to grapple with a crippling electricity shortage as the Philippines reeled from another daily outage. Hours after signing the new 'law. he announced the appointment of a prominent engineer. FranciscoAFP - 69 words
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Article, Illustration39 1993-04-06 4 Reuter MAYMVO. Myanmar A horse-driven coach waiting for customers in front of a colonial style building in this hilly summer retreat. The horse-drawn carriage is one of the main means of transportation in mountainous northern Myanmar. ReuterReuter - 39 words
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Article55 1993-04-06 4 Bernama KUALA LUMPUR The four-year-old Spirit of 46 opposition party, which faces deregistration. yesterday said it is not unnerved by such a possibility. Its information chief. Ahmad Shabery Chik. said the party vowed to fight on for its ideals in spite of beingBernama - 55 words
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Article64 1993-04-06 4 AFP BONN Post and Telecommunications Minister Wolfgang Boetsch left here for Beijing yesterday, on a visit aimed at securing contracts for German firms in the ambitious programme to modernise C hina's telephone network, sources said. Mr Boctsch. who is accompanied by senior executives from GermanAFP - 64 words
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528 1993-04-06 6 Government survey shows growing disenchantment AP TOKYO Weary of years of political scandals and a sagging economy, record numbers of Japanese are saying their country is headed in the wrong direction and their government doesn't reflect their views. The disenchantment is aAP - 528 words
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196 1993-04-06 6 Bloomberg Business News TOKYO A leading Japanese business group is drafting rules to increase companies' compliance with environmental protection regulations. Among measures being proposed by the Federation of Economic Organisations (Keidanren) was the imposition of a new tax on heavy polluters, a spokesman saidBloomberg Business News - 196 words
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416 1993-04-06 6 Reuter TOKYO Japan's ruling party indicated yesterday that it will exclude income tax breaks, demanded by key opposition parties, from its emergency an-ti-recession package due out next week. The Liberal Democratic Party (LDP) made it clear that although it said it would "positively"Reuter - 416 words
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388 1993-04-06 6 AFP CANBERRA Australia's new ambassador to Indonesia yesterday said relationships between the two countries are now the best they have ever been, allowing Canberra to raise sensitive issues such as human rights and East Timor. Allan Taylor. 51. arrives in Jakarta today afterAFP - 388 words
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Article, Illustration26 1993-04-06 6 Reuter DHAKA W omen took to the streets here last Friday demanding an end to the repression and trafficking of women.Reuter - 26 words
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207 1993-04-06 6 Reuter CANBERRA Paul Keating's shock election win has helped boost his popularity to its highest level since he became Australia's prime minister just over 15 months ago. according to a major opinion poll published yesterday. Mr Keating's approval rating rose to 46Reuter - 207 words
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564 1993-04-06 6 Reuter TOKYO Japan's prolonged economic slide may not be over yet, but anticipation is building that after a year and a half, the end may finally be in sight. Analysts said economic indicators, while still clearly mixed, for the first time mightReuter - 564 words
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237 1993-04-06 6 Reuter WELLINGTON A lower New Zealand dollar and the inclusion of data not previously counted should combine to add about NZ$5 billion (554.3 billion) to New Zealand's December quarter overseas debt report due today, say economists.Reuter - 237 words
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Advertisement132 1993-04-06 3 IB i J I <-• -j r Factoring Improved Cash Flow For o company to grow, you need Foctors, your business could goin car* of on your beholf. I funds as w*N as imagination. a fresh impetus for growth. Like Today, we are Singapore's lorgest Especially if you're an SMI132 words
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Advertisement336 1993-04-06 4 For true slimming success, come to, Jv Marie-France! Slimmers who insist on getting things done in an efficient manner choose Marie-France because MarieFrance are the experts in weight-loss and only offer weightloss programmes. You dont pay for things you dont need, like beauty treatments, facials, massages, club facilities or membership336 words
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Advertisement206 1993-04-06 5 ■mo Bank Ltd j the major trunk roads of East apttal Pte Ltd tH IIfIiI»MSSR Coast Parkway> Ayer Ra ah Fire Insurance j ImH Expressway and the Central Comply (Singapore) Pte Ltd B j 1 1 Expressway. Its established -IS (fffn?::{- IkSifl I HlisSffn. •vili =2'" MHH KP 4 i206 words
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Advertisement179 1993-04-06 6 MORE W rOt L t Inefficient toner cartridges can increase your jjA costs significantly. But now Lasercare OEM* Toner Cartridges can offer you bolder, crisper images, higher print yields and minimal toner wastage (as low as 8% while others are around 23%) which means you'll not only be getting exceptional179 words
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Advertisement120 1993-04-06 6 FROM: FROM: KUCHING $399 SYDNEY $1388 BANGKOK S 588 MELBOURNE Sl3BB SURABAYA 5648 XIAMEN ***** KOTA KINABALU S 679 SHANGHAI J***** BALI S 779 ISTANBUL *****9 MANILA K 798 BEIJING SlBB9 KOHSAMUI S 799 LONDON (2298 PERTH S 998 LONDON/PARIS ***** HONGKONG SlOBB PARIS/ROME $2699 GOLD COAST/BRISBANE $1388 PARIS/FRENCH RIVIERA120 words
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Advertisement12 1993-04-06 7 s' uw f 1 i^y-y^"l- I EXTRA SPECIAL..* IN EVERY SENSE I12 words
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THE WORLD
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WORLD WATCH
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Article75 1993-04-06 8 Reuter BONN Chancellor Helmut Kohl said yesterday the debt rescheduling which Western governments granted Russia last Friday would cost Germany about eight billion marks (about SSB.I* billion) in 1993 and 1994. In a statement pledging continued support for President Boris Yeltsin's reform programme. Mr KohlReuter - 75 words
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Article, Illustration98 1993-04-06 8 AFP SARAJEVO The UN will evacuate about lO.(XX) Muslim civilians from the besieged eastern Bosnian town of Srebrenica, starting today. A UN spokesman announced yesterday both Bosnian Serb and Bosnian Muslim officials had agreed to the plan. The number to be evacuated amounts to aboutAFP - 98 words
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Article57 1993-04-06 8 Reuter WASHINGTON The US will consider lifting an arms embargo for Bosnian Muslims if the republic's Serbs do not accept a ceasefire. Secretary of State Warren Christopher said yesterday. "We'd certainly think about doing it (lifting the arms embargo) quite soon if the Bosnian SerbsReuter - 57 words
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Article56 1993-04-06 8 Reuter LUXEMBOURG The Western European Union (WEU) defence group agreed to provide speedboats and armed police tor more effective enforcement of UN sanctions against Serbia along the Danube. "The only question that remains is to identify exactly where these men and these boats will go," WEUReuter - 56 words
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Article78 1993-04-06 8 Bernama KUALA LUMPUR Britain has reaffirmed its commitment to a free and open market and wants to see a successful conclusion of the Uruguay Rounds of the General Agreement on Tariffs and Trade (Gatt) negotiations. Visiting British Minister of State. Foreign and Commonwealth Office Alistair GoodladBernama - 78 words
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Article, Illustration32 1993-04-06 8 Reuter LIMA Peru's Maoist Shining Path leader Abimael Guzman sitting in an iron cage surrounded by armed soldiers en route to a maximum security prison over the weekend. ReuterReuter - 32 words
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Article60 1993-04-06 8 AFP JERUSALEM Egyptian President Hosni Mubarak and Israeli Prime Minister Yitzhak Rabin will meet before April 20. the date set for a resumption of Middle Bast peace talks, an Egyptian embassy spokesman said yesterday. The meeting will probably take place in Cairo, where the two menAFP - 60 words
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Article76 1993-04-06 8 Reuter DUBLIN With interest rates tumbling, state finances on target and unemployment dipping, economists forecast that Ireland can look forward to a 4 per cent growth rate by next year. The Central Bank has cut interest rates four times in four weeks, mortgage rates haveReuter - 76 words
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484 1993-04-06 8 Reuter LONDON A 4.9 per cent increase in Britain's narrow measure of money supply in the year to March added further support to recent statistical evidence showing the economy is now finally emerging from recession. "The evidence is now piling upReuter - 484 words
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318 1993-04-06 8 Reuter LUXEMBOURG France's new centre-right government told its EC partners yesterday not to expect any sweeping departures from the trade policies of its socialist predecessor. EC officials said. At their first EC ministerial meeting since taking office last week. Foreign Minister AlainReuter - 318 words
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539 1993-04-06 8 IHT CHEMNITZ. Germany Once known as the Manchester of Germany in testimony to its industrial energy, this city, renamed Karl-Marx-Stadt by the communist East German regime. had a big image problem to overcome when it was reunited with the unforgiving, capitalistIHT - 539 words
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447 1993-04-06 8 Reuter ASHGABAT. Turkmeniya Running a store in this central Asian republic is a high-risk business, says Lebanese shopkeeper Ghassan Elnaboulsi. To reach his newly-opened shop in the ncwlv-independent country 's capital, the clothes he sells have travelled from Lebanon and through warReuter - 447 words
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Article, Illustration48 1993-04-06 8 JERUSALEM Israelis who ha>c lost famih members in attacks by Arabs during the Palestinian uprising sitting among 168 empt> chairs bearing the names of those who ha>e been killed. The e*ent on Sunda> was a s>mholic Passover protest meal held near the prime minister's residence.48 words
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424 1993-04-06 8 Reuter GENEVA Airliners are flying less than two-thirds full on international flights and many businessmen expect the fax and the videophone to cut even further into demand for air tickets, a survey showed yesterday. The International Air Transport Association (lata) reportedReuter - 424 words
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304 1993-04-06 8 Reuter ROME Corruption-hit Italyis in the grip of a political revolution. one year after a general election dealt leading parties a heavy blow, political commentators say. The Christian Democrats and Socialists, the traditional government parties, saw their vote slump in the AprilReuter - 304 words
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Advertisement220 1993-04-06 8 ILn nV IJ nfl ill Bj Imi M N Jl SEMINAR TOPICS SEMINAR SPEAKER Business IXtin.ti.Ki ami Marketing Otientatiun cl rl c«"ently the Pres.dent ..I Asian Direct Marketing Centre. Vice-President ot the Marketing Strategy w.thin the context ol |ns|j|u|e Advertising Singapore and Advisory C orporate Strategy member of the Advertising220 words
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COMPANIES & MARKETS
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Article, Illustration512 1993-04-06 9 Amy Balan - By Amy Balan SINGAPORE Idris Hydraulic continued to dominate punters' interest with a staggering 155 million of its shares worth close to MS2BO million (SSI76 million) traded yesterday. The turnover eclipsed the record of over 137 million Idris shares that was establishedSource: Bridge Info - 512 words
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815 1993-04-06 9 William Chia - Corporate results review: Sesdaq By William Chia SINGAPORE Sesdaq companies look set to benefit from the improved economic outlook locally and internationally, which has already pushed the second board to a new high. The UOB Sesdaq Index, which measures the performance of companies815 words
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709 1993-04-06 9 William Chia - HOCK LOCK SIEW By William Chia SINGAPORE Market players gave a resounding vote of approval to Actacorp Holding's proposal to acquire Malaysian power operator Sikap Power by chasing Actacorp's share price up by more than M 53.00 to MsB.lo709 words
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644 1993-04-06 9 Leslie Lopez - From Leslie Lopez in KUALA LUMPUR MOBIKOM'S award of a multi-million-ringgit equipment contract to Sweden's Telcfon Ab LM Ericsson may turn into a mudslinging session among the shareholders of the Malaysian cellular-phone operator. In fact, executives familiar witii the situation say the Finance644 words
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89 1993-04-06 9 Bernama KUALA LUMPUR Tenaga Nasional Bhd is offering three incentives, with rebates, for industries in a move to alleviate the power shortage problem in Malaysia. The Energy, Telecommuni- cations and Posts Ministry, in a statement yesterday said the schemes were the use of standbyBernama - 89 words
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Article, Illustration348 1993-04-06 9 Source: Bridge Info Performance of STll's index stocks Apr 5 I JIM VtM Ii4rt Slock uk (hv Tartar I ■own <*) (V) Aiimo 1 ISO -OOW 1 59 -328 CM 6 700 5 45 (crcbot 5.150 -0 050 4 19 -5 46 FAN 1 J.400 -0 100 1090 -1093Source: Bridge Info - 348 words
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COMPANIES
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COMPANY BRIEFS
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Article111 1993-04-06 10 Bernama KUALA LUMPUR Bata (Malaysia) Bhd reported yesterday a 3 per tent rise in group pre-tax profit to M 527.02 million (SS 17.02 million) for the year ended Dee 31, 1992, eompared with M 526.19 million previously. It said in a statement here thatBernama - 111 words
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86 1993-04-06 10 Bernama KUALA LUMPUR The acquisition of 189.000 ordinary shares of Msl each in RB Construction Sdn Bhd is a long-term plan to further strengthen the civil construction earnings base of Road Builder (M) Holdings Bhd. In a statement here yesterday, the group said that theBernama - 86 words
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82 1993-04-06 10 Bernama KUALA LUMPUR Cellular Communication Network (M) Sdn Bhd, the distributor of ART9OO, is committed to serving customers better by providing up-to-date quality network, its general manager Rosli Man said. "1992 also saw the company establishing its presence in Sabah and Sarawak, with an overwhelming responseBernama - 82 words
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240 1993-04-06 10 SINGAPORE Domestic investors who hold OCBC shares or warrants and manage to register them today as foreign shares could make an instant profit the difference between the domestic and foreign share prices. At the end of trading yesterday, the difference was $2.85 per240 words
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181 1993-04-06 10 KUALA LUMPUR Tai Wah Garments Manufacturing Bhd says the group will continue to improve on its productivity and quality in order to remain competitive. Chairman Dr Mohd Rashdan Baba said in the company's 1992 annual report released yesterday that to maintain the181 words
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864 1993-04-06 10 Alan Boyd - Analysts expect turnaround after lb baht loss in previous quarter From Alan Boyd in BANGKOK THAI Airways International is expected to record a modest second-quarter profit after slashing its operating costs to counter falling revenues. Industry analyst said the airline,864 words
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Article, Illustration39 1993-04-06 10 Reuter HO CHI MINH CITY Vietnamese workers fixing the interior of a four-wheel-drive car inside the plant of Mekong Corporation, a Japanese-South Korean-Vietnamese joint venture in Ho Chi Minh City, the commercial capital of Vietnam. ReuterReuter - 39 words
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239 1993-04-06 10 Bernama KUALA LUMPUR May Plastics Industries Bhd, which is en route to a listing on the Kuala Lumpur Stock Exchange Second Board, has forecast a pre-tax profit after minority interests of M 57.89 million (554.9 million) for the year ending June 30.Bernama - 239 words
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247 1993-04-06 10 Bernama PETALING JAYA Omron (M) Sdn Bhd. a manufacturer of electronic and electrical products, expects to record a 20 per cent growth in sales this year to Msl2o million (5575.4 million) due to the increased demand for its products, saidBernama - 247 words
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224 1993-04-06 10 MBT KUALA Agency Maf^^^^^AM), which is its first expects more issues of private debt securities (PDS) this year. The first-quarter trend indicates the PDS market is likely to be more active this year. In the quarter. 13 new debt issues worth moreMBT - 224 words
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Article430 1993-04-06 10 UNIT TRUSTS FUNDS Managers' prices Apr 6 Prudential Singapore Unit Trust und 106 12 Ihe ("omincKv I-JO 1.37 MARA-Bumiputra The Savings Fund I II I I7\d first B'putra 1.63 168 S'porc Prog f und O il 0 55 Second B'putra 161 166 S'pore Sec Fund 085 0 8>» Third B'putra430 words
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281 1993-04-06 10 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Malaysia's Pilecon Engineering Bhd borrowed MS7S million (about SS47 million) last month to help finanee a massive reclamation project for a floating city in the Johor Straits. The KLSE-listed construction company raised the money through a revolving281 words
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Article1525 1993-04-06 10 Payment Ex Books Pay dale close date Acma F 7.5 Jun 10 Jun 22 Jul 5 Amtek Eng 20* I 6TE Apr 15 Apr 21 Apr 30 Apollo F 2.S Jun 21 Jun 25 Jul IS Avimo 20* F I2.5TE Feb 17 Marl Apr 15 BAT 21' F1,525 words
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389 1993-04-06 11 Al Labita - From Al Labita in MANILA MANILA Wise and Company, the flagship firm of Indonesian giant Dharmala Group in Manila, saw its af-ter-tax net income soar from just 15.6 million pesos (*****,280) in 1991 to 40.9 million pesos in 1992, a hefty 162 per cent389 words
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333 1993-04-06 11 Reuter SEOUL After an economic winter of discontent, improving exports and a return to greater political stability are likely to lead South Korea's beleaguered stock market into a bull run this month. Analysts and brokers said yesterday that President Kim Young Sam, inReuter - 333 words
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Article, Illustration503 1993-04-06 11 Reuter HANOI A fully fledged stock market in Vietnam is still some way off and the form it will take is unclear, analysts said. Vietnam, trying to graft a modern market economy on to a rickety communist base, is taking itsReuter - 503 words
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279 1993-04-06 11 Reuter HONGKONG Workers at a Japanese-owned camera factory in southern China have ended one of the biggest strikes ever to hit a foreign business in the country, a source in the company said yesterday. All of more than 800 facto-ry-floor workers at CanonReuter - 279 words
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COMPANY BRIEFS
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80 1993-04-06 11 South China Morning Post HONGKONG Hongkong magnates have rocketed up the scale of British wealth over the past year with the Swire brothers now rated the fifth richest in the country. The Sunday Times league table of Britain's richest people, extended to cover 400 inSouth China Morning Post - 80 words
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Article, Illustration43 1993-04-06 11 Reuter RUSSIA A woman at the Uralmash factory in Yekaterinburg working a tooling machine. Uralmash is one of the largest industrial manufacturers in Russia and is going private, preparing to offer 28.5 per cent share in public stock. ReuterReuter - 43 words
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58 1993-04-06 11 AFP BANGKOK The Thai conglomerate Charoen Pokphand and the US company Nynex will explore possible joint telecommunications projects in China, a Nynex official said on Monday. Nynex is a key partner of Charoen Pokphand in the 70 billion baht (about 554.5 billion) project toAFP - 58 words
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72 1993-04-06 11 Reuter MANILA A Filipino lawyer has filed a corruption complaint against the chairman of the Securities and Exchange Commission (SEC), accusing her of alleged misuse of the agency's intelligence fund. Former SEC commissioner Armando Gonzales, in a complaint filed with the Office of the Ombudsman,Reuter - 72 words
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Article110 1993-04-06 11 AFP TOKYO Japan's Sony Corp fired the latest shot in a war over high-definition television prices on Monday by announcing it would cut the price of its latest model by 30 per cent. The announcement of a new 32-inch model priced at 900,000 yen (about SSI 2,870)AFP - 110 words
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FINANCE
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SMALL CHANGE
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81 1993-04-06 12 Knight-Ridder KUALA LUMPUR The Rating Agency of Malaysia is likely to rate 48 corporate bond issues this year, up from 22 worth M 52.93 billion (551.84 billion) in 1992, chairman Khalid Sahan said. The corporate bond market is likely to be moreKnight-Ridder - 81 words
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96 1993-04-06 12 Knight-Ridder TOKYO Faced with a mountain of bad loans that is likely to require four to five years of management attention before they are completely resolved, Japan's city banks are seeking to reduce their branch networks and work forces. The major restructuring programmes nowKnight-Ridder - 96 words
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90 1993-04-06 12 Bloomberg Business News BEIJING China's first credit rating organisation has announced its evaluations of five securities companies, the China Daily reported yesterday. China Chengxin Securities Rating Co was set up to protect investors and enforce standards after the number of securities companies last yearBloomberg Business News - 90 words
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Article81 1993-04-06 12 Reuter KARACHI The State (central) Bank of Pakistan said deposits with scheduled banks fell by 1.84 billion rupees to 449.77 billion rupees in January. Deposits rose by 18.01 billion rupees in December and 13.16 billion rupees in January 1992. the bank said in its latest monthlyReuter - 81 words
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Article94 1993-04-06 12 Reuter HANOI American Express Co, unable to do business or have its cards used in Vietnam, splashed out on some cultural goodwill yesterday, pledging US$7O,OOO (SS114,100) to preserve an ancient temple. The US-Indochina Reconciliation Project, a nonprofit body based in New York, signed anReuter - 94 words
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96 1993-04-06 12 Reuter TOKYO Daiwa Securities fired a branch manager and filed a complaint with the police accusing him of using customers funds to cover up investment losses of over 20 billion yen (*****.1 million), a Daiwa spokesman said yesterday. Daiwa filed the complaint against theReuter - 96 words
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Article, Illustration523 1993-04-06 12 Chuang Peck Ming - ADVERTISEMENT By Chuang Peck Ming SINGAPORE Chief executives in Singapore were again the top earners in Asia last year, according to a survey by a Geneva-based management consultancy. The survey, which excluded Japan, found that on average, a top managerSource: Corporate Resources Group - 523 words
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392 1993-04-06 12 Geraldine Kan - Punctuality drive this year targeting tardiness at wedding feasts By Geraldine Kan IT MAY be a wedding feast that management consultant Shae Hung Yee has been invited to, but she still eats something beforehand because she knows dinner will start late. But392 words
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326 1993-04-06 12 Al Labita - From Al Labita in MANILA ONE of Taiwan's biggest banks, Chinatrust Commercial, is setting up shop in Manila in anticipation of moves soon by the Ramos government to deregulate the country's banking industry. The Philippine Monetary Board announced yesterday that it326 words
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Article, Illustration52 1993-04-06 12 Reuter TOKYO A Tokyo dealer gesturing during trade yesterday. The yen's relentless surge was temporarily arrested as Japan's central bank bought hundreds of millions of dollars after the greenback had hit a new historic low of 113.30 yen. It closed the day at 113.80Reuter - 52 words
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312 1993-04-06 12 Reuter TOKYO Japan's 11 big commercial banks are likely to write down some 200 billion yen (552.9 billion) in appraisal losses on marketable securities holdings for the year ended March 31, banking sources and analysts said yesterday. The anticipated losses were muchReuter - 312 words
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565 1993-04-06 12 Bloomberg Business News LONDON A change in the rules about which Japanese financial institutions can act as lead underwriter for Eurobond issues is likely to lead to fierce competition for new issues business, bankers said. "Some issues won't be as competitiveBloomberg Business News - 565 words
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FINANCE & COMMODITIES
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Article, Illustration553 1993-04-06 15 Bloomberg Business News ADELAIDE The head of one of Australia's largest gold producing companies said world gold prices are likely to continuing climbing and he doesn't expect producers to end the rally with a wave of gold selling. "You may wellBloomberg Business News - 553 words
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356 1993-04-06 15 Reuter MELBOURNE Australian mining giant CRA Ltd said yesterday it has decided to withdraw from the Mount Kare project in Papua New Guinea, a mine that has produced more controversy than gold for CRA in its six-year history. CRA suspended operations atReuter - 356 words
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398 1993-04-06 15 Reuter LONDON The collapse of cofTee pact talks has made coffee, cocoa and rubber producing countries realise the era of price-supporting commodity agreements is over. "If the West now favours systematic deregulation of our markets, we need to know so we canReuter - 398 words
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294 1993-04-06 15 Reuter LONDON It is too earl) to write off commodity accords as a way of steering raw material prices, despite the collapse of talks on a new coffee pact, an official of the UN agenc) involved with the accords said onReuter - 294 words
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435 1993-04-06 15 Reuter NAIROBI East African coffee producers said they must explore new ways to boost income after the collapse in London of talks on a pact to support world prices. The coffee producers may now work out bilateral arrangements with consumers. "It would be naturalReuter - 435 words
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Article, Illustration157 1993-04-06 15 IT WAS a day of active volatile trading in USS/SS yesterday. Opening at 1.6280/85. the dollar was sold down to 1.6270 in sympathy with US dollar/yen selling. Shortly after, some corporate buying interest emerged and. compounded by a short interbank market, took the US dollar157 words
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Article184 1993-04-06 15 Reuter LONDON European share and currency markets battled to break out of the doldrums yesterday but the dollar traded in a tight band and shares were caught in a downward spiral. With little to inspire traders, the dollar barely moved throughout the day and ended at 113.70 yen. afterReuter - 184 words
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347 1993-04-06 15 ENERGY REPORT Reuter LONDON Oil prices showed little change yesterday ahead of talks in Oman in a week's time of the Organisation of the Petroleum Exporting Countries (Opec). London May futures for the world benchmark Brent Blend of crude oilReuter - 347 words
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Article94 1993-04-06 15 AFP NEW YORK The dollar was slightly higher against the major currencies except the French franc in calm opening trade yesterday. The ounce of gold was trading at U*****.90. down USS2 at last Friday's close. At 9:15 am (1315 GMT), the dollar was trading at 1.5990 German marksAFP - 94 words
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Article, Illustration1633 1993-04-06 15 unit- »ti&itnl imJex nakulainl afaimi Spine's lap 14 trading partner* gay year 198! USS/SS forward rates Noon Apr 5 ss Bid Oder 1-month ***** 1.6279 2-month 1.6243 ***** 3-month 1.6224 1 6239 6-month 1.6190 1 6210 Source: OCBC FOREIGN CURRENCY NOTE RATES As at IOmi yastarday: Singapore dollars to one1,633 words
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COMMODITIES & FUTURES
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1527 1993-04-06 16 SIMEX REPORT Retuer SINGAPORE Simcx Eurodollar futures ended slightly weaker after a session of rangebound trade yesterday. Dealers said the contract weakened on an intraday technical consolidation but near-term outlook is mixed as the market awaits US inflation indicators which will be released thisRetuer - 1,527 words
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959 1993-04-06 16 COMMODITIES REPORT Tin The price of tin on the Kuala Lumpur Tin Market rose seven sen to close at MS 14.36 sen per kg on some busing interest yesterday. Dealers said there was not much participation from buyers and sellers in959 words
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Article1716 1993-04-06 16 Rubber Apr 5 RAS Commodity Exchange (futures closing as at 1pm) RAS (physical prices) RSS 1 Contract (S cents/kg) A. —4 I 9 Buyers Sellers Close Volume Open As at lz noon o icmvkgj Month High Low Sett (tonnes) Interest RSS 2 May 93 132 25 I33 25N1,716 words
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REGIONAL STOCK MARKETS
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Article1268 1993-04-06 17 -13.0 STOCKS largely shrugged off Friday's big fall on Wall Street to close only moderately lower, brokers said. "The market has been on pretty good form considering the US was down so far on Friday," a broker said. "It has been helped a bit by Japan's rise." The Dow1,268 words
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Article524 1993-04-06 17 35.10 Share prices shot up 2.32 per cent, buoyed by a new law signed by President Fidel Ramos granting him special powers to solve the severe energy shortage. The Manila Composite Index soared 35.10 points to close at 1,515.40. Public utility Manila Electric Co (Meralco) felt the upsurge as524 words
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Article475 1993-04-06 17 closed The stock market was closed yesterday and will be closed today for public holidays. It will reopen tomorrow. Taipei \oT Vpr 5 1$ COO) XII Sincere Ind 6.45 t 045 16 \>u(cmeni Hill) OS) 1550 l jlhj. (.xiNlr 63 00 0 50 121*4 < athav Lite Ins 20*00475 words
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Article297 1993-04-06 17 closed The stock market was closed yesterdav for Arbour Day, a national tree-planting holiday It will reopen today. Seoul Apr 5 Ua«|W| \ium Ekcinc InJ 1*3 Viunt In J 21) Xnkuk Invu jn,i "00 Aiut tncM 2W I \«j Molon IN I Bank Of he Ju IS) 2 Bank297 words
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Article375 1993-04-06 17 -3.95 The share market recovered from a 17-point fall for the NZSE-40 Capital Index to close down just 3.95 points lower at 1,562.74. mostly due to strength in leading forestry shares. Volume was a moderate NZ$2O.5 million. The market opened weak on a 69-point fall in the Dow375 words
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Article22 1993-04-06 17 dosed The stock market was closed yesterday for a holiday marking the birth anniversary of Mahavira, founder of the Jain religion.22 words
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WORLD STOCK MARKETS
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Article167 1993-04-06 17 -9.83 Increased profit-taking in the last thirty minutes of trade, as Wall Street failed to rebound from last Friday's fall, pushed Belgian shares further down to close near their day-lows yesterday. Traders said the market was very cautious. They added a new fall on Wall Street was likely to167 words
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Article637 1993-04-06 17 ■31.1 Equities ended sharply lower yesterday, with Friday's 69-point fall on Wall Street driving prices down at the outset. However, trading was subdued and volume a light 423.5 million shares on the last day of the UK financial year. The FTSE 100 index ended 31.1 points lower at 2,838.8,637 words
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Article110 1993-04-06 17 -0.64 pc Swedish shares recouped some losses by the close yesterday, but the Easter holiday mood took hold of the market and kept trade thin and dull. The all-share index lost 0.64 per cent to 995.91 in turnover worth a low 682 million crowns. The OMX-index, which carries a110 words
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Article162 1993-04-06 17 +0.76pc A firm performance by telecom ms shares gave a slight boost to the rest of the Milan bourse yesterday, which was otherwise quietly traded as investors wait for a solution to the country's political crisis. Shares in SIP posted gains of over 4 per cent after ministers last162 words
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Article302 1993-04-06 17 -37 South African gold shares and associated mining finance stocks continued their steady run up of last week to close higher on strong overseas demand. The JSE Industrial Index, heavily influenced by Richemont and to a lesser extent Remgro, which were both under pressure yesterday, eased 37 points to302 words
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Article795 1993-04-06 17 +6.2 Wall Street rose within a narrow margin yesterday morning following Friday's 68-point plunge on unsettling economic news. The Dow Jones index of 30 leading industrials was up 6.20 points to 3,377.01 at 11 am (1500 CiMT). Trading was active with 75 million shares changing hands. New York795 words
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Article251 1993-04-06 17 -5.6 Swiss shares closed a quiet day easier yesterday as the market lacked fresh factors ahead of the Easter holidays, dealers said. The broad SPI Index fell 5.6 to 1,338.1 and the SMI eased 6.4 to 2,183.9. Wall Street's firm opening helped prices to recoup some of earlier losses251 words
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Article112 1993-04-06 17 -16.14 Worries about the 1992 results due this week from some major companies held French shares back in limited trade, and dealers expect the trend to continue. The CAC-40 index ended down 16.14, or 0.81 per cent, at 1,974.68. Volume of trade was about 1.9 billion francs. Paris Apr112 words
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Article273 1993-04-06 17 -0.72 Dutch shares closed easier yesterday following Wall Street's big Friday losses, but trading in Amsterdam remained quiet and the market regained some ground late in the session. The EOE index finished down 0.72 points at 315.91. Food and consumer products group Unilever was a notable loser, down 2.30273 words
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Article247 1993-04-06 17 -10.57 Toronto stocks eased at the opening yesterday, pulled down by weakness in gold shares and losses in most other sectors, but overall activity was quiet. The TSE-300 Index fell 10.57 points or 0.29 per cent to 3.584.50 on volume of 14.6 million shares. Declining shares outnumbered risers 180247 words
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Article170 1993-04-06 17 -3.06 German shares ended a quiet pre-Easter holiday session little changed yesterday and traders see prices trapped in thin bands over the next two holiday-truncated weeks. The 30-share DAX index ended down 3.06 points at 1,658.69. An absence of investors and customer orders left the market in the hands170 words
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Article764 1993-04-06 17 Britannia Funds Median Cash Bid Offer Mim < ap Deposil 3* 5700 3*5*00 Mim Jer*> Cuk 0 IW 0 .W Mim Ma\ Income *0<*w0 *10)00 I S$ ash Income PU» Fund 10 1100 10*500 PS Kocnr Fund 5 MOO 5 2100 Sterling 14|vit\ Euro Performance 04W2 0493* FjiEjMFuml *2 7650764 words
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Article, Illustration2485 1993-04-06 18 Reuter STOCKS ended firmer in heavy trade, though otY the day's highs, with investors actively chasing undervalued large-capital issues. Anticipation of an economic stimulus package by the government offset investors' worries about a stronger yen. The 225-share Nikkei Average was up 312.52 points to close at 19,759.46. The broaderReuter; Source: Bridge Info - 2,485 words
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Article, Illustration1749 1993-04-06 18 STOCK prices slid across the board in thin trade as investors concentrated on the approaching holidays, brokers said. The SET Index clawed back some losses on indexlinked buying just before the close to finish at 852.71, down 4.49 points. Turnover was a thin 1.48 billion baht. "There were effortsReuter; Source: Bridge Info - 1,749 words
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Article, Illustration995 1993-04-06 18 Reuter STOCKS ended mixed in quiet trade with local investors still sidelined and foreign investors continuing their hunt for quality stocks. The Official Index closed at 309.60, down 0.48 point. Local investors were still nervous following last week's discovery of fake certificates on the market. "Good quality stocks areReuter; Source: Bridge Info - 995 words
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Article, Illustration2729 1993-04-06 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Renting Bhd MV 72.0S«».ffl)0 IJris H\d SK 60.SI6.000 Promct 36.180.000 Asia l»JK Ld SK. 25 4*7.000 Fatvr (iroup 24.J2I.OOO Mulphj Intl MV 2I.WJ.000 Metropk* MV l<>.«W6.000 \Ml»B MX. 11 480.000 Sri Hafttflias 488.000 Ind (hvgen MV *>.186.01*) Kl. IndustriesSource: Bridge Info - 2,729 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5103 1993-04-06 19 Bernama KUALA LUMPUR Frenzied buying by both speculators and retail buyers for lower liners and other situational counters, propelled share prices to a higher close in heavy trading yesterday. Both the day's volume and the Composite Index registered record highs for the year yesterday.Bernama; Source: Bridge Info - 5,103 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration7176 1993-04-06 20 Sylvia Wong - By Sylvia Wong SINGAPORE The stock market beat its strong performance last Friday to reach new heights again yesterday. Bolstered by heavy buying interest, the Straits Times Industrials Index rose 12.66 points to 1,700.82, breaking the 1,688.16point record set in the previous session.Source: Bridge Info - 7,176 words
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Article, Illustration71 1993-04-06 20 Quak Hiang Whai - HOT STOCK Quak Hiang Whai ELECTRO MAGNETIC has made an astonishing recovery after reaching an all-time low of 31 cents. The stock is now testing resistance at 55 cents. If that level is broken, it could continue to rise, as there is no clear resistance beyond. The dailySOURCE: BRIDGE INFO - 71 words
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Page 9 Advertisements
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Advertisement66 1993-04-06 9 w. .t* fl E 81 m" -Ji A warm welcome at Shanjtri La Hotel in Ptnanji A meeting of the minds should always begin gracefully. S Shongri La hotel PfNANG. MALAYSIA SHANGRI LA HOTEL. MAGAZINE ROAD. IO«K)PFNANG MAI AYSJA TO. 60 4 622 622 TOFX 4tW7S SHNCPC MA FAX 6066 words
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Page 10 Advertisements
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Advertisement136 1993-04-06 10 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shetf companies from certain jurisdictions for delivery on the same day within Singapore. O 8.V.1 n ISLE OF MAN d BAHAMAS H JERSEY O BELIZE a LIBERIA H COOK ISLANDS O MADEIRA136 words
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Page 11 Advertisements
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Advertisement129 1993-04-06 11 .-f dK&nmßtj* ffS( V' >' jßmaSk y!" SAFRAXE THE NEXT STATUS SYMBOL SENSUALITY. o.' -sfct.ve aam,ratio" C3°*C-iC" *66 C9 r OSS 566. °6S r 3~Clt3St6. jff 1 r an and e enaaqes all the V V senses. A° engage~e N t ach evers N va ue a p o acorec129 words
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Page 12 Advertisements
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Advertisement123 1993-04-06 12 WE TRAIN Our people TO POKE HOLES IN their Own STORIES. At Singapore Press Holdings, we train complementary on-the-job training for journalists our new journalists to be their own harshest in their charge. Very often, this means sitting critic when it comes to writing a good news down together and123 words
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Page 13 Advertisements
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Advertisement413 1993-04-06 13 The best laser printer. 1 I '■:>■■ ItaAMHHMriI I 9mmMmmHhb4BhhA w y'irv ~zm ■ill! 111 I BHHIHIMIIII i <c 4 ■■mSBBP The new Epson EPL-5000/5200 laser printer. More, or less. Where a good laser printer should be more. Where a good laser printer should be less. Either way, the new413 words
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Page 14 Advertisements
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Advertisement247 1993-04-06 14 We Didn't Compromise On The Location. Did You Expect Us To Compromise On The Architecture? Lane Crawford Place is situated at tin* junction of Orchard. Scot Is ami Paterson Roads, in the heart of hustling Singapore. Consisting of a sixtccn-storcy officc tower ami a five-storey retail podium, which im'ludes two247 words
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Page 16 Advertisements
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Advertisement442 1993-04-06 16 C.A.T.S. is 737-1166 More than 40 direct lines connecting you to fast results! SWITZERLAND Your address in Europe for commercial partnerships financial transactions. Confidentially seriously handled. BURO-PLATEL 38, rue de Lausanne CH-1950 Sion BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 lL V» K M THE MATTER OF THE442 words
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Advertisement38 1993-04-06 16 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead HBf justcallTV 737-1166 Business heats up when you make the T/KT call and place an C.A.T.S. ad. 1737-1166|38 words
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Page 17 Advertisements
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Advertisement36 1993-04-06 17 REGIONAL ANALYSIS What will Asia be like in 2020? How will the different societies in East Asia shape up? Will Asia see the Super-CEO take over in the new century? Find out in Business Times tomorrow36 words
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Page 18 Advertisements
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Advertisement32 1993-04-06 18 The Hongkong and China markets were closed yesterday STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE np BusmessTimes WE no* ASIA32 words
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Advertisement21 1993-04-06 18 PORT SHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. r I 1 Business Times ifOOtAIM21 words
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Page 19 Advertisements
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Advertisement36 1993-04-06 19 With over 170 million cards honoured at over 10 million establishments, MasteiCard puts the whole world in your hands. And it gives you easy access to cash at 300,000 banjlbrapiiei^^ and ATMs woHdwide. IN YOUR HANDS-36 words
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Page 20 Advertisements
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Advertisement9 1993-04-06 20 LAW PAGE Every Thursday, in Business Times t 4-9 words
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SPORTS
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Article, Illustration540 1993-04-06 21 Lyon Open Golf AFP LYON, France Costantino Rocca became the first Italian winner on the European Tour for 13 years when he blazed to a record last round 63 in the Lyon Open at Villette D'Anthon last Sunday. The 36-year-old from Bergamo was a runawayAFP - 540 words
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Article, Illustration32 1993-04-06 21 MARSEILLE Swiss Roger Montandon casting off from Marseille's harbour on a 45,000 km solitary row around the world last Sunday. The trip will take three years.32 words
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537 1993-04-06 21 Hong K P - K P Hong looks at the trio's domination of the Japanese tour K P Hong AP TOKYO They've dominated the Japanese tour. They're national golf heroes. And now the Ozaki brothers will try one more time to win golfs Holy Grail the US Masters.AP - 537 words
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SPORT SHORTS
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Article, Illustration49 1993-04-06 21 Reuter NEW YORK NBA results Sunday: Chicago 101 Boston 89; Cleveland 105 New Jersey 99; Phoenix 110 Indiana 100; Denver 120 Minnesota 94; Miami 124 Orlando 106; Philadelphia 112 Sacramento 102; NY knicks 108 San Antonio 103 (OT); LA Clippers 119 Dallas 115; Utah 111 LA Lakers 99Reuter - 49 words
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Article, Illustration152 1993-04-06 21 Reuter Reuter AP NEW ORLEANS Mike Standly shot a final-round flve-under-par 67 on Sunday to win his first career title on the PGA Tour and qualify for next week's Masters, the year's first major tournament. Standly shot the low round of the day to win the USSI million Freeport-McMoßanReuter; AP - 152 words
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Article, Illustration42 1993-04-06 21 Reuter NEW YORK NHL results Sunda>: New York Rangers 4 Washington 0: Boston 3 Buffalo 0: Philadelphia 4 Toronto 0; Vancouver 3 Ottawa 0; Pittsburgh 5 New Jersey 2; Chicaco 5 St Louis 4: Calgary 4 San Jose 3. ReuterReuter - 42 words
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Article, Illustration203 1993-04-06 21 AFP AP PHOENIX, Arizona Nigel Mansell. still sore from his practice crash at the Phoenix International Raccvtay. let) the hospital here on Sunday and headed for his US home in Clearwater. Flonda. Mansell slid and crashed his Lola rear first into the concrete wall at Turn One of theAFP; AP - 203 words
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Article, Illustration215 1993-04-06 21 AFP AFP ROME Weekend results from Italian league: Brescia I Ancona 1; Cagliari 3 Genoa 0; Loggia 1 Atalanta 0; AS Roma Fiorcntina I; Sampdoria 1 lnternazionale 3; Torino I Lazio I; Pescara 0 Parma 2; AC Milan 2 Napoli 2; Udincse 0 Juventus 0. Leading standings (matches played,AFP - 215 words
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Article, Illustration58 1993-04-06 21 Reuter Reuter till lON HEAD, South Carolina Famil) Circle Cup singles final on Sunday (prefix number denotes seeding): i-Steffi Graf (Ger) b 2-Ar-antxa Sanchez Vicario (Spn) 7-6 (10-8) 6-1. Reuter OSAKA, Japan I *****.000 Salem Open on Monday (prefix denotes seeding) Doubles final Mark Kcil/Cristo Van Rensburg (US/SA) bReuter - 58 words
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Page 21 Advertisements
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Advertisement608 1993-04-06 21 I 1 Category Men's Men's Men Women's Women's Women Open Junior Veterans Open Junior Veterans (No age (20yrs& (40yis& (No age (20yrs& (35yrs& limit) below) above) brat) below) above) Team [X] CD GUI CED CD CJv« (I]no j J "TeamName(ifaiy)| f] T I 1T M 1 I 1 1 I608 words
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Page 22 Advertisements
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Advertisement644 1993-04-06 22 M Nothing Beats ABudtel OF GENUINE PENANG FARE Let our Penang Chef introduce her new recipes at the newly renovated Princess Terrace Cafe-the place for authentic Penang specialities. A rendezvous for fine meals at cafe prices, or light snacks with good friends. Kings B King's Hotel Clarion. A Member of644 words
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Advertisement301 1993-04-06 22 WHERE TO WINE, DINE AND ENTERTAIN I At just $18++, our Bird's .Nest will please your palate as well as your pocket. jV We've added Bird's Nest flHEaiiViJ delicacies to our menu at really Wm/ affordable prices. r I Whether It's a Bird's Nest main y dish or dessert*, you301 words
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Advertisement341 1993-04-06 22 pf^Swvice At Top of the M. you can saviour the delicacies from Champagne and Pads. During April. Parisian tijrinev,xAtriev smoked Ardennes ham, and more, win be served on <#i bu/fefttbte. So make your reservations. It's a double trea|noi to be missed. j Fw reservations, please call 734 6151. m^JL +pmr-"»341 words
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LIFESTYLE
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Article, Illustration938 1993-04-06 23 David Tracey - David Tracey talks to Korean professor Ma Kwang Soo whose latest book landed him in jail David Tracey IHT SEOUL professor Ma Kwang Soo doesn't want to talk about the crime that recently put him in jail for two months. He worries that any more controversyIHT - 938 words
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Article, Illustration514 1993-04-06 23 CHATTERBOX AP Reuter UPI AP AP TED DANSON says he's not sure what will happen when he tests the waters outside Cheers. "I don't know what's waiting for me, maybe a big old belly-flop," Danson, 45, says in the April 10 issue ofAP; Reuter; UPI - 514 words
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Article, Illustration635 1993-04-06 23 Scott Miller - Scott Miller looks at a disturbing trend in the industry Scott Miller Reuter A US television network rigs scenes of a blazing pick-up truck and Japan's biggest television station stages dramatic footage of a Himalayan landslide in what masquerade as documentaries. The president ofReuter - 635 words
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Page 23 Miscellaneous
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Miscellaneous1211 1993-04-06 23 TV RADIO A Who's That Knocking At My Door, 10.30pm, SBC 12 falls in love. BM The hitch is that she's a girl with a shocking past while he J* was reared with a Catholic L streak. Martin Scorsese's 1968 I feature is crude but fascinating. I 1 with his1,211 words
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PROPERTY & CONSTRUCTION
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962 1993-04-06 24 Kooi Cho Teng - Kooi Cho Teng looks at how banks are adding new designs to their loan packages to compete in the mortgage market Kooi Cho Teng BUOYANT residential property prices have injected some colour into the otherwise drab housing loans market. Mortgages, long considered962 words
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Article, Illustration490 1993-04-06 24 Deciding which housing loan to take has become a more complicated task for the consumer since some banks started computing interest on a monthly rest basis. Standard Chartered Bank and Chase Manhattan quote rates on a monthly rest basis now, while the Big490 words
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Article, Illustration1671 1993-04-06 25 Chuang Peck Ming - Chuang Peck Ming talks to its president Ho Kwon Ping on the company's target Chuang Peck Ming HOW many resort hotels will WahChang International eventually have? It's a question Ho Kwon Ping, its president. is often asked these days. And his standard answer? "My reply,1,671 words
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531 1993-04-06 25 A J Leow - A J Leow discovers that this area has become too speculative A J Leow REAL estate majors are now bypassing China's southern provinces of Guangzhou and Shenzhen for long-term investment opportunities in other parts of China. Nicholas Brooke, a senior531 words
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209 1993-04-06 25 Hongkong retained its position as the world's most expensive city in terms of retail rentals last year, according to the lastest Asian property survey by Hongkong-based Brooke Hillier Parker. The report noted that with the exception of Hongkong. Jakarta and Manila, retail rentals209 words
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REGIONAL SKYLINE
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86 1993-04-06 25 SINGAPORE Beijing's hotel occupancy rate reached 70 per cent in 1992 as foreign confidence in China's economy continued to grow. The latest report by Hongkong-based property consultant Brooke liillier Parker noted that the number of visitors to the Chinese capital rose 32 per cent86 words
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144 1993-04-06 25 Bloomberg Business News LONDON Insurance claims for residential burglaries in Britain jumped 27 per cent to a record £749 million (551.85 billion) last year, figures from Association of British Insurers show. Claims for commercial break-ins dropped 13 per cent last year, however, to £276.2 million.Bloomberg Business News - 144 words
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104 1993-04-06 25 The Star SINGAPORE The Johor government will take a stake in two hotels being built in Desaru. The Malaysian newspaper. The Star. said the state would partner two Malaysian companies for the MS3OO million (SSIB6 million) project as part of the area's redevelopment. ButThe Star - 104 words
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79 1993-04-06 25 The Nation SINGAPORE Property consultant firm Colliers Jardine has won the sales and management contract for one of China's largest retail projects, the HKSI billion (SS2IO million) Dongguan Eucheng New City Plaza. The project, located just 40 km by sea from Hongkong, consists ofThe Nation - 79 words
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Article146 1993-04-06 25 SINGAPORE A French developer is trying to sell traditional countryside homes in south-west France to Singaporeans. MidiPyrenees Developments Ltd said that it was frustrated by the difficulties of getting financing in Europe. It is offering Singaporeans a share in its Busquet project in exchange146 words
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Article34 1993-04-06 25 SINGAPORE Property consultant Jones Lang Wootton has expanded its international network by opening an office in Budapest, the capital of Hungary. The company now has 63 offices in 24 countries.34 words
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Article, Illustration8 1993-04-06 25 Colin Tan - By Colin Tan Source: Baring SecuritiesSource: Baring Securities - 8 words
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Page 24 Advertisements
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Advertisement152 1993-04-06 24 yWAMI |7flnQ&M^M^HngkrMUU a. g. Breakfast in a garden terrace overlooking the curvilinear swimming pool, and listen to the waterfall gently cascading into a Balinese-inspired sunken courtyard and a lily pool set amidst rich tropical foliage. Enjoy resort-style facilities that come with a full-time Manager. Facilities Co-ordinator and exemplary concierge service.152 words
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Page 25 Advertisements
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Advertisement237 1993-04-06 25 CORPORATE BROCHURES PRODUCT LEAFLETS PROMOTIONAL FLYERS ANNUAL 1 YOU WOULDN'T TAKE YOUR PORSCHE j i TO THE LOCAL SERVICE STATION I s M T«1 I W I 1 111*11 m H4SIseMM7J£dK224SIMAJH A J" lO® j j v- I TAKE IT TO THE SPECIALISTS O w Need to produce a brochure?237 words
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Article507 1993-04-06 26 EDITORIAL JAPANESE prime minister Kiichi Miyazawa has pulled ofT a significant political victory. After milder-than-usual debate, the country's parliament is expected this week to approve the government's economic recovery package aimed at bringing some magic back to the once-mighty Japanese economy. When parliament convened two months ago,507 words
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WHAT THE OTHERS SAY
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Article268 1993-04-06 26 BANK NEGARA governor Jaffar Hussein has raised early enough the warning about inflation in Malaysia. Last year it reached 4.7 per cent, forecast to dip slightly to 4.5 per cent this year. The national average had been 2-3 per cent for three decades from the268 words
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Article197 1993-04-06 26 THE RECENT REPORT about cancer victims reflects a serious problem in Singapore. More and more people are dying of cancer. Some people link the disease with the growing affluence of Singaporeans. But more accurately, according to doctors, cancer is partly related to unhealthy living habits197 words
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Article283 1993-04-06 26 WE NEED to evaluate the thinking that civil servants have no obligation to help the private sector clinch overseas business deals. This thinking is no doubt related to the strictly neutral and honest position that has always been a principle of our civil service. But283 words
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Article157 1993-04-06 26 SINCE June 1992, North Korea has become increasingly upset that its concerns have not been respected. Pyongyang is sending signals that it is not happy with the status of the lAEA process and wants more attention given to its immediate security concerns. Regardless of what Pyongyang's157 words
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Article186 1993-04-06 26 THERE MAY still be a through train on economic issues but as 1997 nears, the business community would like a Chinese co-driver to jump on board to work out a route that takes the territory well beyond the year 2000. For Mr Macleod, it's a no-win186 words
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Article, Illustration892 1993-04-06 26 John Major should be grateful Margaret Thatcher was tough with the unions The Economist ONE by one, Margaret Thatcher's achievenuTits crumble. Her "economic miracle"? After nearly three years of recession and with three million unemployed, it looks like a mirage. Her rolling back of the stateThe Economist - 892 words
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Page 26 Advertisements
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Advertisement330 1993-04-06 26 Looking For M '>"«!&/ "m y /«fincj imi NCW |Sm.fLl Investment Tired of watching interest rates on your Singapore fixed deposit shrink to nothing? Missed the stock market rally? Take another look at the ACU deposit. It may not be the money machine of five years ago, but it can330 words
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Page 26 Miscellaneous
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Miscellaneous107 1993-04-06 26 tvefcV I G€X i Gor lpv=>T n igwt WC foJND P\ NEu) VOPW) ODITH TM»S Vpny KniUCKI£.S 10fc.R.6- £>Lfc£Di Vfo IPT OFF J N "fFsKt. VT OUT V( p v ON msl CUSHION... X C p O Tex L -J \l J jC'' cS I J S>V :> y e107 words
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ANALYSIS
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Article, Illustration1695 1993-04-06 27 Thomas L Friedman; Carol Giacomo; Michel Chossudovsky - While Thomas L Friedman recounts the oh-so-discreet goings-on at last weekend s Vancouver Summit. Michel Chossudovsky says the G7 should not treat Russia like a Third World country and Carol Giacomo wonders if the US is neglecting the other ex-Soviet republics Thomas L FriedmanNYT - 1,695 words
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Article, Illustration692 1993-04-06 27 IHT THE constitutional deadlock in Russia is more than a personal clash between President Boris Yeltsin and communist hardliners. The dramatic impoverishment of the population under economic "shock therapy" is the central issue. Many former Yeltsin supporters, including members of the moderate centristIHT - 692 words
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Article565 1993-04-06 27 Reuter PRESIDENT Bill two-day summit with Boris Yeltsin and the promise of a hefty US$l.6 billion aid package firmly establishes the new US administration's commitment to Russia's future. But it also underscores more dramatically than ever the backwater role that has fallen to theReuter - 565 words
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526 1993-04-06 28 AFP, Reuter VANCOUVER US President Bill Clinton and his Russian counterpart Boris Yeltsin had a word of warning for North Korea as they wound up their two-day summit here. In a joint statement enshrining the results of their talks on Sunday,AFP,; Reuter - 526 words
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243 1993-04-06 28 AFP, Reuter HANOI A United States delegation led by former Secretary of State Edmund Muskie had talks here yesterday with Do Muoi, general secretary of the Vietnamese Communist Party. I Asked if he hoped his meeting with Mr Muskie would speedAFP,; Reuter - 243 words
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178 1993-04-06 28 Reuter NEW YORK Gatt directorgeneral Arthur Dunkel has said the North American Free Trade Agreement (Nafta) is diverting the Clinton administration's attention away from the Gatt world trade talks. "The message given is that the Uruguay Round is still very high on the agenda."Reuter - 178 words
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Article, Illustration53 1993-04-06 28 Reuter LONDON An Irish girl holding a placard during a peace rally organised by Irish housewife-turned-peace campaigner Susan McHugh in Hyde Park on Sunday. Thousands of people in Belfast and across the Irish republic turned out to demand an end to the bloodshed and violence inReuter - 53 words
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435 1993-04-06 28 AP WASHINGTON Republicans in the Senate yesterday refused for a third time to allow a vote on President Bill Clinton's stimulus plan and the administration pledged to work with them on a compromise. "It's just a political power play," Mr Clinton saidAP - 435 words
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354 1993-04-06 28 UPI TOKYO North Korea denounced the US and the International Atomic Energy Agency (lAEA) for maintaining a "double standard" on nuclear issues, the official (North) Korean Central News Agency (KCNA) reported yesterday. A Foreign Ministry spokesman in Pyongyang charged on Sunday that the USUPI - 354 words
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Article, Illustration990 1993-04-06 28 AGNES CHEN; AGNES CHEN - The Bottom Line AGNES CHEN AGNES CHEN The writer is a BI journalist I ANY non-accountants must /I find amusing the fuss being I made over accountants allegI W H edly tlouting their profesI -A- -M*. sion's ban on990 words
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369 1993-04-06 28 Reuter KUALA LUMPUR British firms might not be considered for a huge airport project if Kuala Lumpur's request for an extra flight to Manchester is not granted. Deputy Foreign Minister Abdullah Fadzil Che Wan said during the weekend thatReuter - 369 words
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428 1993-04-06 28 AP. Reuter SERI, Pakistan Pakistani paramilitary forces yesterday arrested the leader of a march on the Indian-defended ccascfirc line dividing Kashmir. Officials ordered the arrest of Mumtaz Hussain Rathore and 102 followers after they threatened to storm aAP.; Reuter - 428 words
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Page 28 Advertisements
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Advertisement7 1993-04-06 28 f Singapore's most popular NitsukoMs Telephone System7 words
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Advertisement16 1993-04-06 28 SINGAPORE com IS Distributor of the most sought after Key Telephone System Tel: 278 7088 J16 words
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Shipping Times
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410 1993-04-06 29 Ramesh Divyanathan - South Korean carrier the latest to follow trend By Ramesh Divyanathan SINGAPORE South Korea's Hanjin Shipping is the latest carrier to join the growing list of lines to set up its own agency in Singapore. It announced in a statement at the weekend410 words
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Article, Illustration59 1993-04-06 29 Reuter V ANCOUV ER, Canada Greenpeace protesters manning rubber boats in Burrard Inlet as they protested against nuclear testing last Saturday. In the background with a large white sail is Canada Place, site of Sunday's joint news conference at the close of the summit between USReuter - 59 words
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393 1993-04-06 29 Lloyd's List STOCKHOLM Swedish seafarers have hailed a new labour agreement with leading Swedish shipowner Bylock and Nordsjofrakt (B&N) as a major breakthrough. The deal between the Swedish Seamen's Union (SSU) and B&N. signed last week, paves the way for seven Bahamastlag general cargoLloyd's List - 393 words
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858 1993-04-06 29 Page Col ABC Containcrline 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •Arrow Trans 19 2 •ASCL 5 5 Avant Shpg 6 4/5 Avia Airways 14 4 •Bait Orient Line 7 4/5 Bangladesh Shpg 18858 words
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485 1993-04-06 29 The Nation BANGKOK NYK Shipping Service (Thailand) is planning a depot near Laem Chabang Commercial Port and is looking to enter the inland container depot (ICD) business. according to NYK president K Fukusho. He said the company has commissioned a feasibility of theThe Nation - 485 words
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403 1993-04-06 29 AP LERWICK. Shetland Islands A tanker that Esso Petroleum UK refuses to hire because its inspectors deem it unsafe is out of a job but not the business. It may be hired by another charterer who is ignorant of Esso's findings andAP - 403 words
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SHIPS IN PORT
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Article678 1993-04-06 30 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Departure Jurone Port w<*w Mora 3 93 po4 *****600 ASl 1ST 8 12 alongside 06 04 2300 Agel 04 93 P04 0504 2000 0604 ®'S® Dwi Daya (ft 93 II alongside 06 04 1700 Anyueyang 3? m678 words
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Article2131 1993-04-06 30 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Shp Voy Wo Container wabble Ship Voy Wo Containers avaiabte Mine Ocean 67C 04 0493 0745 Isra Bhum 93S COO(EST) *****3 1900 Bvzan F010S 0404.93 0755 Chaiya Bhum 30N COO(tST) 04 04 93 2300 Zm Haifa 76W *****3 0830 E Onward2,131 words
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Article, Illustration657 1993-04-06 31 Richard Knee - Ronald Gottshall, managing director of the Transpacific Westbound Rate Agreement, steps down from his post in September. In the first of a two-part article Richard Knee talks to the man and others who know him. The second part will be carried tomorrowAmerican Shipper - 657 words
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Article11422 1993-04-06 38 This is a list of ships loading at Singapore tor ports around the world. It tabulates. by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGENO PN: ship calls at Pcnang after11,422 words
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Article3409 1993-04-06 43 A rlB( C ontainerline N\: Hclsin Shpg Agencies Pie Lid (SV Marine Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pie Ltd (SVAccord Conlr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg I rdg (S). Albatros Sea-Air Service: I3,409 words
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Article268 1993-04-06 43 Abacus Courier* Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144 Airborne Freight C orporation Tel: 542-8844 Fax: 542-3716. *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Cit)-Liak International Td: 344-3377. Fax. 345-6450. Ouster link Supplies A268 words
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Article1500 1993-04-06 43 Abex Express Freight Td: 542-7171 Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05. Td ,a 542-5911. Fax: *****18 Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666 Fax: *****74. *****50. Air1,500 words
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Article2757 1993-04-06 44 ALBANIA Durrev Three vessels in port ot' which I loading stones. I discharging Hour. discharging sugar, 2 vessels due Mar 29 or 30 one to discharge pipes, the other bulk wheat. ARGENTINA Buenos Aires: Labour working normally Movements continue to be below average: several berths \acant. San Lorenzo:2,757 words
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Article972 1993-04-06 44 SHIP SALES TANKER RATES A.P. Moller of Copenhagen are now reported to have sold their craned B W type Panamax bulkcarrier Xlaersk Semakau 63,80() dwt and built 1983 B W for a price of USSI6.S million to clients of Mauritius Steamship. This sale is further evidence of a firming in972 words
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Article566 1993-04-06 44 ARRIVALS DEPARTURES Op Flight hps El A 1 From Op Flight I>pe ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B 7 47F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA K/204 B747F 0335 1 BKK/NRT JAL JL61 7 B747F566 words
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Article345 1993-04-06 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Aft Dep Name of Vessel ETA LTD Ports of Calls Fort Agent Telephone No APRIL 07 07 Fantasy World 1000 1900 Sin-Fort Klang Lauw Sons Travel 227-8284 07 08 Russ 0800 1700 Australian/Asian Jardinc Shpg Agencies 224-1052 Cruises 09 09 Regent Spirit 1130 2000 Weekend345 words
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Article1059 1993-04-06 45 IT was a slow end to the week on the freight market with little reported fixed and the tlow of information disrupted on April 2 with many players forced to say home because of a train strike here. The Baltic Freight Index for spot dry cargo shipping rates1,059 words
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Article1047 1993-04-06 45 COURSES Title: Ship Chartering Practice Charter Parties Negotiation Duration: April 6 7 Organiser: Traffic Vlgmt Consultants Singapore let For registration, please contact Ms Mae Yap/Joyce Neo at 02/222-8411 or fax: 02/*****88. Title: WIN—WIN Negotiating Duration: April 7 Organiser CAI Consultants/Heriot—Watt University. Tel: 339-2733 or fax: 339-1733. Title: Management1,047 words
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AIR AND LAND TRANSPORT NEWS
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685 1993-04-06 48 Commercial Aviation News WASHINGTON The Department of Transportation will submit a 1994 budget proposal to Congress yesterday that gives only slight increases to aviation while providing a healthy jumpstart to highspeed rail. Funding for the Federal Railroad Administration next year would doubleCommercial Aviation News - 685 words
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Article, Illustration46 1993-04-06 48 Reuter UKRAINE Ukrainian Air Force test pilots climbing into the new SU-27 Tighter plane at a base in Poliava on Sunday. The Ukrainian and Russian air forces are developing fighter planes and have cut production of costlier bombers. ReuterReuter - 46 words
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440 1993-04-06 48 AP DETROIT Some things haven't changed much since the startling boardroom coup a year ago at General Motors Corp. The board shocked the business world last April when it demoted president Lloyd Reuss and chief financial officer Robert O'C'onnell and named Jack Smith presidentAP - 440 words
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Article, Illustration407 1993-04-06 48 NYT BETHESDA. Maryland For Norman Augustine, chairman of Martin Marietta Corp, signing up to buy General Electric Corp's aerospace division for USS3 billion (554.9 billion) last year was far easier than the monumental task he now faces in consolidating the two businessesNYT - 407 words
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291 1993-04-06 48 AFP WELLINGTON A former cabinet minister warned the government yesterday to reject any bids from Britain's P&O Shipping group to buy stateowned New Zealand Rail (NZR). Richard Prebble. now opposition Labour spokesman on state-owned enterprises, said P&O's intention was to reduce competition forAFP - 291 words
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LOG BOOK
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Article91 1993-04-06 48 Knight-Ridder TOKYO The National Council of Dock Workers Unions of Japan said yesterday it will meet the Japan Harbour Transportation Authority tomorrow for talks aimed at ending the ongoing port strike. A union spokesman said the strike "could end" if the transportation authority givesKnight-Ridder - 91 words
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108 1993-04-06 48 Reuter BEIJING China, which lacks a single cross-country highway, has unveiled an ambitious plan to build 12 expressways linking 100 cities, the China Daily said. Two of the highways will be north-south trunk roads, one linking Beijing to Guangzhou and Zhuhai and the other fromReuter - 108 words
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90 1993-04-06 48 AP MIAMI The Sunset Limited, offering the nation's first coast-to-coast. same-train service, pulled out of Miami on Sunday, full of enthusiasts vying to go ail the way in the three-day. sold-out trek to Los Angeles. The Sunset Limited is the nation's first regularly-scheduled transcontinentalAP - 90 words
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102 1993-04-06 48 Reuter DETROIT Mercedes-Benz is expected to announce its plans to build a new four-wheel drive family vehicle in the US. The carmaker, which has been looking for ways to reduce labour costs, scheduled a news conference yesterday in Dearborn. Michigan, to discuss its plans.Reuter - 102 words
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Article118 1993-04-06 48 Reuter BEIJING A passenger on a Chinese domestic flight pretended he was a hijacker and caused panic in the aircraft's cabin, the official China Daily said yesterday. The prankster. 35-year-old steel worker Xu Changhong, was on a flight to the eastern city of Nanjing last monthReuter - 118 words
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Article1145 1993-04-06 48 en* FK*t ETA nm ETD Abu Dhabi GA893 1335 GA984 0150 AMaMt QF81 1940 QF82 2055 Amman RJ182 2200 Amsterdam GA893 1335 SQ320 1100 KL837 1445 GA974 2215 KL838 2310 Athens SQ348 2300 Auckland NZ35 1550 NZ36 2340 SQ286 2030 Bahrain GF148 0905 B Sen Begawan1,145 words
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Page 29 Advertisements
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Advertisement8 1993-04-06 29 I LAW PAGE Every Thursday in Business Times8 words
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Advertisement25 1993-04-06 29 Lines and services represented by Members of the Registry ol Accredited Shipping Agents, Singapore National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-209025 words
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Advertisement43 1993-04-06 29 International Freight Forwarder EUROPE LCL FCL Services M+R FORWARDING PTE LTD TVVRA s outgoing managing director, Page 3 US transport budget, Back Page x\Jk TIC-TECH-TOE To avoid stalemates, try some fresh strategies. Innovation Technology. Every Thursday. SINGAPORE m Business Times WE KHOW ASIA43 words
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Page 30 Advertisements
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Advertisement534 1993-04-06 30 EXPORTS TO HONGKONG, TAIWAN, MANIA JAPAN 'TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUK) VOY Kl fW *T SO MNL WG MtO KEE ITO YOK SM? NGO DOS KSStI »0» fsS [Stt (W W.W SW Ml MOUT 1* **504 **704 06 04 0904 13.04 15 04 2094 2004 2104 2204 »CX MH534 words
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Advertisement1517 1993-04-06 30 P—CT TO U«A WttT COAtT l«C»-»XWf CAUFO—A PgWCTII I TQ t*»T MBKTpXIAMtAtI (lyU. QOWTWCT »gt»K«) JSSI WT iWM Li m ta Ml MM ewe gtc w MSTOW m notm swm Imm aiwa. «umn«i nm> mmu* kwt mm am fan «wi neptui* crysial 121 ;i« 254 274 »i 294 n« 3041,517 words
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Page 31 Advertisements
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Advertisement2241 1993-04-06 31 OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 BOOKINGS TEL: *****34 *****58/ *****40 AllMr H. CFS (PSA F5) TEL: *****21/ *****79 VCXRmV JAROINE SHIPPING AGENCIES SDN. BHD. pDAAAfIn PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 J PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service2,241 words
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Advertisement2570 1993-04-06 31 ■qMHHiHUWII EAST EUROPE/C.I.S. EVERY WEEK TO C.1.5./ROMANIA/POLAND/BULGARIA/HUNGARY NEXT VSL: LEISE MAERSK V.9304 ETA SIN BTH APRIL 1993 Vessel Voy ETA ETO Feeder by Sea link Aries DESTINATIONS This «ee* MAVVIEW MAERSK V 9304 IHHWMCTHBWIIW 13 04 oaoo mrs CFS 13'04 2359 HRS JOM LPK PEN OAK LGB MOU MEM ATL2,570 words
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Page 32 Advertisements
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Advertisement822 1993-04-06 32 AQABA R DAM/ LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE VVEST MALAYSIA KAI 01/H3 10/4 26/4 29/4 27/4 Port Ketang. Penang THAMES 16/313 10/4 19/4 25/4 28/4 1/5 3/5 5/5 Pasir Gudang LA SEINE 29/114 14/4 1/S 4/5 2/5822 words
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Advertisement600 1993-04-06 32 BHH FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga. Baku, Irkutsk, Alma Ata North Korea Vietnam t Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE SIRIUS600 words
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Advertisement1454 1993-04-06 32 fflniMU &XBTB REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* VAL* HAM BRE# ROT ANT# FEL LHA NORASIA SINGA 9305 3 07/04 28/04 29/04 30/04 02/05 03/05 04/05 05/05 06/05 07/05 NORASIA SHARJAH 9306-3 16/04 07/05 08/05 09/05 11/05 12/05 13/05 14/05 15/05 16/05 NORASIA MUBARAK 9314-3 22/04 14/051,454 words
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Page 33 Advertisements
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Advertisement2080 1993-04-06 33 f 1 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE (A SERVICE OF CHINA NAVIGATION CO) CARGO MJI S*tS NifV7 STRAITS VENTIRtI Vo9f Mum. lab 05 06 Apt 07 Apf OS Apr CONTAINER ANO BR€AKBULK SERVICE TO2,080 words
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Advertisement2711 1993-04-06 33 tULN, SINGAPORE AGENT: DfifO p&0 Container# (Singapore Agencies) Pte Ltd A 1 lltl W Vjlil II a llfCI 3 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 w Te< 225 2233 Te)ex RS ***** pNOCSp Fax 225 5327/222 7517 Y CR Number: **********0Z EXPORT IMPORT VESSEL VOY -PMO 'KQ2,711 words
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Advertisement748 1993-04-06 34 PBHfl I j T6 EUA6M sewiei^llSlSS& »a vor amtjim j H *m6 "impi mvm» iIMW 34 WB I 2» 30/4 29/5 3/6 9/6 14/6 TO AUSfRAiB FUU^CO^TMNgfi EAST COAST POUTS wl/vot mi stow stp 1 *lb 1 bhs If« ladel WO AUSTRALIA 43S 13/4 12/4 29/4 2/5 26/4 5/5 HMO748 words
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Advertisement1960 1993-04-06 34 HANJIN SHIPPING FDR VSL SM LM HAUL SEA POI FOR VSI »l U* HAUI SAV IM NYC HANJM LEHAVRE 0211 11/4 OMECT C/ 5 1/5 KWANGYMJ6 1001 5/4 K LONG BCACN 0421# 13/5 14/5 11/5 HA NAN MASAN 07tt 22'4 OKCT 13/5 HMW KWSAN O«6E 12'4 M. NOtCA 00** 20/51,960 words
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Advertisement1530 1993-04-06 34 MiM ziU d T fA 1 d j Im w (sc wc ut w wi on kt sw no uu cms oal nyc lh» m taw ik rs m m scr I GLEAMT KMI hPI 12/4 14/4 14/4 M/ 4 20/4 72/4 23/4 74/4 M/ 4 7/5 H/S 21/5 22/51,530 words
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Advertisement1923 1993-04-06 35 II SCX: 'CALIFORNIA JUPITER 63E' ETA SGP 14/04/93 H |l II ARRIVING LOS ANGELES 02/05/93 IN 17 DAYS Ml II wUGJMmr II AEX: NEPTUNE AGATE 09E'ETA SGP 11/04/93 II l| 11 ARRIVING NEW YORK 04/05/93 IN 22 DAYS (NWXf SINGAPORE CALIFORNIA EXPRESS (SCX) Tfr Ptttt t 1 1 POINTS I1,923 words
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Advertisement1196 1993-04-06 35 I SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DISCHABGWG WESTBOUHP-LOMMN6 TRANSHffPED VIA1,196 words
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Advertisement1549 1993-04-06 36 KTf AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD CR No 1 ********** Mi W W T EL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 k Iml M a MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I JL JL JLi TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 KAWASAKI KISEN1,549 words
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Advertisement1101 1993-04-06 36 PHILI ORKNT LINCS PTC LTP V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 8 APR SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 6 APR AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH1,101 words
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Advertisement921 1993-04-06 37 PACIFIC INTERNATIONAL LINES (PTE) LTIT\ 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I SSSSSSSS mm CRNO **********0E I VESSEL VOY SIN HKG SIN CMB JIB HOO JED AOJ KOTA WIRAWAN WRNO23 SLD 7/4 11/4 17/4 20/4 22/4 KOTA WMAYA WJAO23 24/4 2S/4 3/5 9/5 12/5 15/5 KOTA SINGA SGAO2S921 words
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Advertisement1229 1993-04-06 37 WEEKLY LCL SERVICE NORTH EUROPE EVERY TUESDAY FOR THE FASTEST TRANSIT TIMES IN THE TRADE CALL:BEN LINE AGENCIES (S) PTE LTD TEL: 225 3522 BOOKINGS: NOELLE TAN/TS CHOW YEA SHYUAN/SALLY YAP OR EAC TRANSPORT AGENCIES (M) SDN BHD BOOKINGS: ANGELINE TAN SHAH ALAM TEL: *****49 001 ARK KHIANG PENANG TEL:1,229 words
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Advertisement305 1993-04-06 37 °BSA° TRANSPORTATION mm, MYANMA pHBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sparc P Klj Pen P.Gdf HP* AN VI UN In Port PAGAN VI96W 19/21 Apr MALAYSIA AGEHTS SOUS Tl AO SHTPWG Ad NCI! KUL IU 03-*****00 Kl TIL 03 3H0707 Pat Til 04 SI4US PCD305 words
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Advertisement2752 1993-04-06 40 Full Container Liner Services Malaysia's Agents: Indonesia 's Agents: General Agents: Booking Agents: Guan Cuan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd freight Booking Cewtrt Sda Bhd 58 Persiaran Raja Muda Musa Lot 3.34. 3rd Floor. Jl IR H Juanda2,752 words
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Advertisement652 1993-04-06 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 11/04 ROTTERDAM 11/04 AARHUS/COPENHAGEN 11/04 HAMBURG/BREMEN 11/04 MARSEILLE/FRANCE 08/04 FELIXSTOWE/UK 11/04 BARCELONA/SPAIN 11/04 LEHAVRE/FRANCE 11/04 GENOA/ITALY 11/04 ANTWERP/BELGIUM ***** LOS ANGELES/WC/IPI 10/04 SYDNEY/MELBOURNE 10/04 NEW YORK/EC 10/04 FREMANTLE/ADELAIDE 08/04 VANCOUVER 07/04 BRISBANE652 words
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Advertisement772 1993-04-06 41 g^^TninEun3!uu!^^ TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) PG ETHIOPIAN SHIPPING LINES (National Lines ol Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA lOAWNG fOfl SPORE A NOtNET 30W6 22/04 DARE SS ALA AM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 32W8 TTOS DARESSALAAM MOMBASA DJISOOTI ASSAB772 words
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Advertisement666 1993-04-06 41 JAKARTA BANGKOK VESSU WT 1 SW KT VESSEL DOT MNCAPQg J BAMO.O* MM BHUM IISS 7/4 10/4 PITA BHUM 278W lut Hpt En 1 5/4 RAM BHUM 72S 9/4 G KO/lIStV 21N Wtd 7/4 Sal 10/4 THANA BHUM 25S 10/4 14/4 P StNIOSA 3QN Sjt 10 4 Tut 13/4 a666 words
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Advertisement364 1993-04-06 41 r»a munt |i BAY OF BENGAL SERVICES i |*ssti hot aw 55 g» TKU MM «1N MM 04 14-15/04 22 23/04 I J TKU BMKE 251 12 13 04 It 20 04 2C-27/M Li TKU STM 62* 14-15 04 21 22,04 20-29/04 1.1 curt BOW»WST> 252H 19-20/04 2V27/04 0344/05 <364 words
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Advertisement1531 1993-04-06 42 AJUImN container lines I l£J\s/\HJAgents: MAC-NELS SPORE: *****22 (24 LINES) PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 COMPETITIVE RATE TO HONG KONG 3 SAILINGS WEEKLY (TOES/THORS/SAT) FOR ROOKING, PLS CALL *****22 XIU-HUA. JAMES. WEE BIN. JO I GLOBELtNK FORWARDERS1,531 words
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Advertisement236 1993-04-06 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SIN PREMIER 23S In Pt 17/4 19/4 4/5 AUST STAR 86S 20/4 2/5 4/5 20/5 FGUARD BAY 2S 1/5 13/5 15/5 1/6 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH.236 words
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Advertisement996 1993-04-06 42 THONG SOON UNES PTE. LTD.I Ms 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****55 SINGAPORE TO BARAWAK VESSEL VOY S'POIE PEST VESSEL S'POUE OEST EQUATOR JADE 74/3E 08 APR KUCHING996 words
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Advertisement9 1993-04-06 44 The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER9 words
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Advertisement18 1993-04-06 45 ■j?' To advertise your Appointments or Notices, call toll-free 1800-737 0043 Wl u i y 1 V ilSJSi#18 words
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Page 45 Miscellaneous
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Miscellaneous873 1993-04-06 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 26 2.1 15 1.0 06 05 06 09 15 2.3 2.9 30 2.9 25 IS 12 0.7 0.5 0.5873 words
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Advertisement588 1993-04-06 46 KWOOD LINE SOUTHERN AFRICA SERVICE SPORt PI DBN CI •A VtSStl ***** 20/4 11/5 19/5 31/5 ♦ALSO CALLS E.L. AND P.E. PK SEAFIX SHIPPING SON BHD TEL 367 5525TLX. ***** K.K.: CAPRICORN FREIGHT SERVICES TEL 213 202 TLX. ***** stto ECIL MARITIMA, U.E.E.I Luanda, Angola. FAR EAST/ ANGOLA SERVICE SPORE588 words
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Advertisement259 1993-04-06 46 J ESSBB* EES FREIGHT SERVICES PTE LTD H|m #01-60 Wallich Building, Singapore 0207 d Hill -1 Tel: *****66 (10 Lines) Fax: *****69 *****44 AIRPORT OFFICE: *****11 *****13 (FAX) I IMPORTING FROM USA WE PROVIDE WEEKLY SAILINGS WITH FAST TRANSIT TIMES AND LOW INLAND RATES I ENQUIRIES: SHIRLEY/ZAINAB/ROGERS I CONTAINER LINE,259 words
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Advertisement496 1993-04-06 46 CROSS WATER] KM) OFT ICE m SEXANGOON ROW #06 00 SERANGOON BUUMG S(0«21) NMEHOUSf (OS) BIK 37 #04-25/* It PAGAR FREIGHT SIMON TEL *****05 j PT KELANG/PENANG I 12/4 ■^^ji]2ieii22iLlASlSZEliHjlZ^ TOKYO/YOKOHAMA 12/4 I BUSAN I 1271" I USA I 10/4 ■gggiggggg^^Hl*_io74_ I SYD/MELB 8/4 P d ;H I INEWZEALANP 21/4496 words
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Advertisement324 1993-04-06 46 •VMj k WORLDGATE EXPRESS UNES PTE LTD Tel: *****11 Fax: *****73 Telex: ***** WGATE NEXT VESSEL CONSOLIDATION TO BOM/KAR/CMB 11/4 KEELUNG 14/4 PORT LOUIS 9/4 HONG KONG 12/4 PENANG 12/4 KAO/BKK 10/4 JAKARTA 11/4 MADRAS 12/4 £2C ,r 9°C ulf I DEDICATED NVOCC CONSOLIDATION SERVICE TO MIDDLE EAST SIN LOG324 words
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Advertisement834 1993-04-06 47 £k HYUNDAI MERCHANTMAN WESTBOUND TO EUROPE VESSELS VOY PNA PKE PGD VESSELS VOY SH HTM MIT* LEH* HAM BREt EEL HMM ADVANCE 10A 23/03 24/03 26/03 H PIONEER 302* 28/03 16/04 16/04 17/04 18/04 18/04 20 04 HMM ADVANCE 11A 30/03 31/03 01/04 H FRONTER 304* 04/04 23/04 23/04 24834 words
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Advertisement506 1993-04-06 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS vf sst L V F* I KEISMW IS 11/4 12/4 MA It 4 ASIAN CirfH lil »Tl 11/4 14 4 H/4 CONSUSIIS S«» S 11/4 KOZMA UK)ASH I 24 4 21/4 MAKE OCEAI US 21 4 OUTBOUND VESSELS LOADING506 words
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Advertisement1133 1993-04-06 47 OUR USA IfM |HNM. ui jo- |«u lo* la.. |w> |«u [mc SERVICE CALLS ami tNJM vMN() M AIIKAIOi CauMIS »ll»7 (7-M M nOAHMMM ?I0« 21 M3004»04 )0 04 SINGAPORE awBNM urn ii m Aiiiuiai Tturt) I4i> m KitftHftß nn nn am kisdh DIRECT EVERY mm mum ttrm u m1,133 words
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Advertisement53 1993-04-06 48 Tomorrow in Business Times I Fly Finnair's new MD-11 the world's most technologically advanced aircraft. Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world from53 words