The Business Times, 22 April 1993

Microfilm: NL18521
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times MITA (P) 552/12/92 Thursday April 22 1993 WE KNOW ASIA 75«
    14 words
  • 2am LATEST
    • Article
      Lock icon German union, bosses want new pay talks
      72 1 Reuter ERFURT, Germany Representatives of Germany's largest union IG Mctall and engineering employers in the cast German state of Thuringia said yesterday that they want to meet for new pay talks but that no date has yet been set. The cast German engineering
      Reuter  -  72 words
    • Article
      Lock icon US firm in tie-up with Chinese stock market
      68 1 Reuter PARAMUS, New Jersey Brighton Information Systems Corp said yesterday that it has signed a letter of intent with the Securities Exchange Executive Council for the formation of a stock quotation system, called STAQ, for China. The 15-year joint venture will require
      Reuter  -  68 words
  • Article, Illustration
    MARKET SUMMARY
    111 1 Stack mM indices Wednesday Chaage STII 1.770.06 +6.99 KLSE Composite 691.70 +19.17 Nikkei 19.773.01 -55.42 Hang Seng 6,768.39 129.85 SEr Index 889.42 +5.20 Jakarta Composite 312 -0.51 CLSA China B 1.338.29 -7.44 AustAUOrd 1,693.9 -9.7 FTSEI00 2.869.6 +13.5 M' f>-_-.1 I, w ciiCMiy n?Tioii llaal dose Dow Jones
    111 words
  • Article
    Lock icon Muto hits out at Clinton for wanting a high yen
    187 1 Reuter TOKYO Japan's Foreign Minister Kabun Muto yesterday hit out at United States President Bill Ginton for his recent remarks in favour of a high yen that resulted in widespread anxiety about Japan's smooth economic recovery. "It was totally unexpected,
    Reuter  -  187 words
  • Article, Illustration
    Lock icon Singapore home sales still booming, CPF figures show
    507 1  -  By Sylvia Wong SINGAPORE The property boom is still running hot, according to figures released yesterday by the Central Provident Fund Board. The board said it received 2,919 applications to withdraw funds for private dwellings in the first quarter of this year
    Source: CPF  -  507 words
  • Article
    Top leaders give blessings to major Singapore projects
    292 1  -  Prime Minister Goh in China Reports by Yong Pow Ang in BEUING SINGAPORE investments in China are expected to move onto the fast track now that the two top leaders in Beijing have given their blessings to several major projects Singapore is
    292 words
  • Article
    China denies buying aircraft carrier
    117 1 BEIJING China is not buying an aircraft carrier, says President Jiang Zemin, who describes his country's military expenditure as modest. At a meeting with Singapore's Prime Minister Goh Chok Tong yesterday, Mr Jiang said China wanted peace- ful conditions so it could engage in economic
    117 words
  • Article, Illustration
    Lock icon HK shares soar as officials soften stand on eve of talks
    526 1  -  From Catherine Ong in HONGKONG CONCILIATORY remarks by British and Chinese officials sent share prices on the Hongkong stock market sharply up on the eve of diplomatic talks on the territory's political future. Comments by the top Chinese ofTicial
    Source: Bloomberg  -  526 words
  • Article
    Singapore takes tough steps to avoid oversupply of lawyers
    536 1  -  By Ramesh Divyanathan Lawyers have mixed views about move, Pg 2 SINGAPORE The government yesterday announced stiff* measures that will be taken in the next few years to reduce the number of practising lawyers in Singapore. The measures, aimed mainly at
    536 words
  • Article
    Lock icon China invites investors for S$ 285b plan to develop Yangtze basin
    346 1 Reuter BEIJING China announced a one trillion yuan (S$2BS billion) package for the development of the Yangtze River basin yesterday, saying it was offering rare chances for foreign investors. The State Planning Commission said the investment scheme would cover
    Reuter  -  346 words
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      162 1 C32TR CassM* Racaww w»m OSP Sound Ptoc*»<*(CD Changw Conlrol FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Stagayara: Phone. *****33 Knit UMpr. Phone. *****33 ran Phone. 615 985/619 014 Marls Phone 374 065/*****72 CONTENTS S*porc News 2 S poff-Wsa 9,10,11 tajpoiui News 3,4.5 Financial 13,14 MMMNNS S Fwtfarw HUriwts Analyw 27
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      11 1 Regional Focus Umno finding it tough to reclaim Saha/i Pg 6
      11 words
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      55 1 Hock Lock Siew Coup for Causeway Investment Pg 9 More flights between S'pore and China on the cards, Pg 2 DBS plans to set up branch in growing market, Pg 13 The Bottom line: A deal is possible. Back Pg legislators vote down referendum motion. Back Pg Analysis: The hopes
      55 words
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      25 1 Tlmmw ULTRif COMPfTYTI&N boll. Distance with Spin. I Tvri 1 UHfoon. lUt TO VII BKOOU." SraCIMO HOUSt PTt OD w«mi Gum£ iXM Id 'K'j» fm
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Fewer bosses late with CPF payment
        355 2  -  By Anna Teo AN AVERAGE of 1,500 employers or less than 1.7 per cent of all bosses were late with Central Provident Fund contributions for their employees in the first three months of the year. The first-quarter CPF default rate, which is an indicator
        Source: CPF  -  355 words
    • Article, Illustration
      Conner to trim staff worldwide, S'pore office affected
      410 2  -  By Claire Leow DISK-DRIVE maker Conner Peripherals Inc has announced in San Jose, California, that it plans to lay off 1,200 workers worldwide, or a tenth of its workforce, following a first-quarter loss of U5522.5 million (5536.5 million). It employs more than
      410 words
    • Article
      Japanese food giant beefs up presence
      200 2 FOOD manufacturer Asahi Denka Singapore has invested another $20 million to expand its factory here. The move would put it in good stead to benefit from the growth of the food-processing industry here, said Chay Wai Chuen. a Brickworks GRC MP and GPC member
      200 words
    • Article
      More flights between Singapore and China on the cards
      277 2  -  From Yong Pow Ang in BEIJING SINGAPORE and China signed an air services agreement yesterday to promote tourism, trade and investment between the two countries. Under the agreement, each country may designate any number of airlines to operate up to 14
      277 words
    • Article
      More using CPF savings to invest in stock market
      159 2 THE stock market's bull ran proved irresistible to the thousands of CPF members who rushed to open new investment accounts in the first quarter. During January and February, 758 and 1379 new accounts were opened respectively under the CPF share investment
      159 words
    • Article
      Mixed response to move to check supply of lawyers
      445 2  -  By Ramesh Divyanathan THE legal community generally welcomes the government's efforts to reduce the supply of practising lawyers in Singapore. Walter Woon, vice-dean of the National University of Singapore's law faculty said: "It is a very good idea because it imposes
      445 words
    • SINGAPORE ROUNDUP
      • Article
        Lights, camera, action... tax cuts
        104 2 SINGAPORE hopes to become an economic and production base for movie-making in South-east Asia. Economic Development Board chairman Philip Yeo told a seminar at the Westin Plaza yesterday that a package of tax breaks was aimed at attracting three key segments of the industry: marketing,
        104 words
      • Article
        Inauguration of Civil Service College
        40 2 THE Civil Service College will hold its inauguration ceremony on April 29 at the RELC Auditorium, Orange Grove Road. The Minister of State for Finance and Communications. Commodore Teo Chee Hean, will be the guest-of-honour.
        40 words
      • Article
        Women against family violence
        74 2 THE Asean Women's Programme will launch a project on the prevention of family violence next month with a seminar in Malaysia. Project coordinator Imelda Nicolas said the problem of family violence was a hidden one. with little data available. Prevention of Family Violence is one of
        74 words
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      212 2 MEN'S WEAR :5 if' THE CROWN PRINCE ADVANTAGE. Whether in Singapore or Fenang, most business travellers prefer the central location and value of a Crown Prince Hotel. In business, it always pays to be in the right place at the right time. Which is why Crown Prince is where it
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      249 2 28 29 June 1993 The Oriental Singapore A distinguished panel of international Key Issues addressed: and regional speakers including: R, s k assessment and impact analysis •fnTmatiotl "Tri "me Contingency plans for major oil spills United Kingdom The procedures involved in making a claim Caotain Lars Brodie, International Maritime Satellite
      249 words
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  • THE REGION
    • Article
      Lock icon Indonesia to review rules on exports, investments
      317 3 Reuter JAKARTA The Indonesian government, facing increasing competition in the region and charged with maintaining a high-cost economy, yesterday promised to be more aware of the needs of its private sector. "We must listen to business circles. What are their difficulties? We will
      Reuter  -  317 words
    • Article
      SM Lee says Brunei should develop services sector in diversification drive
      380 3  -  From Yang Razali Kassim in BANDAR SERI BEGAWAN IN DIVERSIFYING its economy away from oil and gas, Brunei should develop its services industry, Singapore's Senior Minister Lee Kuan Yew has told Brunei businessmen. Mr Lee advised against going into
      380 words
    • Article, Illustration
      Lock icon Cambodia's Free Independent Democrats to join Sihanoukist front if communists kept out
      505 3  -  By Harish Mehta SINGAPORE The Cambodia Free Independent Democracy party, a small but politically significant group, has agreed to join the Sihanoukist front led by Prince Norodom Ranariddh on condition that the communists are kept out. Dr Long
      Photo by Chris Loh  -  505 words
    • Article
      Rapid urbanisation in Asia a serious concern: ADB
      230 3  -  Br Nirmal Ghosh SINGAPORE The annual report of the Manila-based Asian Development Bank has singled out urbanisation in Asia as a major challenge for governments as well as the bank's own strategies. The report points out that by the turn of the
      230 words
    • Article
      Lock icon Jakarta seeks up to US$ 5b in aid
      161 3 AFP JAKARTA Indonesian authorities are seeking a US$4.5 billion (557.3 billion) to US$5 billion aid package from the country's new World Bankchaired donor group this year. The Tempo weekly yesterday quoted Coordinating Minister for Economy and Finance and Development Supervision Saleh Affif
      AFP  -  161 words
    • Article
      Lock icon Indonesia, Portugal meet on Timor
      83 3 AFP ROME Indonesian Foreign Minister Ali Alatas yesterday met his Portuguese counterpart, Durao Barroso, in a new bid to end their countries' dispute over East Timor. The talks on the former Portuguese colony annexed by Indonesia in 1976 were held under the auspices of UN
      AFP  -  83 words
    • Article, Illustration
      Lock icon Former Thai premier Anand charged with official misconduct
      448 3 UPI BANGKOK Respected former Prime Minister Anand Panyarachun, credited with restoring the country's credibility after last year's bloody military crackdown, was charged yesterday with official misconduct. The criminal court charged Mr Anand. two of his ex-Cabi-net members and a former Supreme Court
      UPI  -  448 words
    • ASIA NOTES
      • Article
        Lock icon Pakistan behind Bombay blasts: India
        61 4 AFP NEW DELHI India accuscd Pakistan yesterday of masterminding last month's bomb blasts in Bombay which killed some 300 people, saying 10 arrested suspects were trained near Islamabad. Home Minister Shankarrao Chavan told Parliament that police investigation "clearly indicates Pakistan's organised support and involvement in
        AFP  -  61 words
      • Article
        Lock icon Thailand to open embassy in Chile
        42 4 AFP BANGKOK Thailand will open an embassy in Chile in September to enhance diplomatic and trade tics with Latin American countries, a foreign ministry official said yesterday. The two countries established diplomatic tics in 1972. AFP
        AFP  -  42 words
      • Article
        Lock icon Seoul seeks to borrow US$ lb
        101 4 Reuter SEOUL South Korea is expected to borrow US$l.l billion (SSI.7 billion) more from the International Bank for Reconstruction and Development (IBRD) before its status as a borrower expires in June 1995, the Finance Ministry said yesterday. A ministry official said about US$39O million
        Reuter  -  101 words
      • Article, Illustration
        Lock icon Cracking down on dishonest vendors
        43 4 Reuter MANILA Government workers examining tampered weighing scales confiscated in a market here on Monday. The government is conducting a massive campaign to get rid of unscrupulous vendors who cheat the public by using tampered weighing scales. Reuter
        Reuter  -  43 words
      • Article
        Lock icon Dhaka population up 40pc in 3 years
        73 4 AFP DHAKA The population of Bangladesh's capital, Dhaka, has jumped by some 40 per cent in less than three years and the city fathers arc struggling to accommodate all the people. Dhaka's population, seven million in 1990, is approaching 10 million, and Mayor
        AFP  -  73 words
      • Article
        Lock icon Philippine Reds seek peace talks
        72 4 AFP MANILA Exiled communist rebel leaders want to hold a new round of peace talks with the Philippine government in Geneva or Tokyo, with a third party acting as mediator, said a report in the Philippine Daily Inquirer yesterday. Philippine officials have hinted that they
        AFP  -  72 words
    • Article
      Lock icon China and US begin talks to open up Chinese market
      465 4 Washington frustrated by massive Chinese trade surplus Reuter BEIJING China and the United States began a round of trade talks yesterday designed to implement a landmark market access agreement signed last year, a US embassy spokeswoman said. Lee Sands, the
      Reuter  -  465 words
    • Article
      Lock icon Taiwan's economic performance seen reflecting global recovery
      294 4 Bloomberg Business News TAIPEI A recent surge in industrial production and exports from Taiwan reflect the growing momentum of the global economic turnaround, economists said yesterday. Taiwan's Economics Ministry said industrial production grew 3.89 per cent on the year in March, more than
      Bloomberg Business News  -  294 words
    • Article
      Lock icon Businessmen's club in China duping women into becoming prostitutes: report
      285 4 AFP BEIJING More than 40 women were lured into serving as prostitutes at a club for foreign businessmen in southern China's Shantou Special Economic Zone, according to a report in the China Women 's News yesterday. The Longhu Foreign Businessmen's
      AFP  -  285 words
    • Article, Illustration
      Beijing officials arrive for China-Taiwan talks
      288 4  -  By Schutz Lee SINGAPORE Two Chinese officials who arrived here yesterday evening ahead of next week's talks with their Taiwanese counterparts were met at their hotel by an enthusiastic crowd of Taiwanese journalists. The journalists pressed the officials for information about the talks, especially
      288 words
    • Article
      Lock icon Taiwan's proposed copyright pact with US passes its first reading
      304 4 Reuter TAIPEI Taiwan's legislature gave preliminary approval yesterday to a copyright pact with the United States to avert possible trade sanctions. Parliament's domestic and foreign affairs committees passed a first reading of the accord but demanded that government officials resign
      Reuter  -  304 words
    • Article
      Lock icon Taipei offering private sector perks to invest in infrastructure projects
      284 4 Reuter TAIPEI Taiwan, finding it hard to raise funds for its sixyear US$3OO billion (Ss4Bo billion) infrastructure projects, will offer tax incentives and loans to private sector companies willing to invest in the projects, the Council for Economic Planning and
      Reuter  -  284 words
    • Article
      Lock icon Philippine businessmen expect to sign wide range of contracts with China
      348 4 AFP MANILA Philippine businessmen will sign a wide range of contracts with Chinese firms when they accompany President Fidel Ramos on a state visit to China next week, Trade Secretary Rizalino Navarro said yesterday. Mr Navarro said nine agreements
      AFP  -  348 words
    • Article
      Lock icon Top US official in Seoul to discuss Pyongyang
      404 4 AFP SEOUL United States Un-der-Secretary of State for Political Affairs Peter Tarnoff arrived here yesterday for talks aimed at coordinating a stance on North Korea's withdrawal from a nuclear verification pact, officials said. Mr Tarnoff. the Number Three man in the State
      AFP  -  404 words
    • Article
      Lock icon Australia shouldn't form trade bloc with Asia: govt report
      440 5 AFP SYDNEY A major government report on Australia's trading options warned yesterday against any attempt to form a trade bloc with Asian neighbours as a response to increasing global trade tensions. But the report, by a team headed by economics professor
      AFP  -  440 words
    • Article, Illustration
      Lock icon Plane way to set world record
      37 5 Reuter SYDNEY Australian strongman David Huxley pulling a 105-tonne Qantas Boeing 767-300 airliner 25 metres across the tarmac at Sydney airport yesterday, breaking the previous world record by 15 metres. Reuter
      Reuter  -  37 words
    • Article
      Lock icon Aussie inflation below lpc: survey
      508 5 Keating sees new era of prosperity but admits joblessness still a burden Bloomberg Business News Reuter CANBERRA Australia's annual inflation rate for the March quarter remained below one per cent, according to economists surveyed by Bloomberg Business Nens. Consumer prices for the quarter are scheduled
      Bloomberg Business News; Reuter  -  508 words
    • Article
      Lock icon First frictions surface in Pakistan's new govt
      381 5 AFP ISLAMABAD Pakistan's newly-formed national union government saw its first wrangles yesterday between Benazir Bhutto, who wants the immediate dissolution of four provincial assemblies, and the new prime minister, who does not want to move on the matter. Ms Bhutto, who after three
      AFP  -  381 words
    • Article
      Lock icon Court admits petition against president
      157 5 AFP ISLAMABAD A Pakistan high court yesterday admitted a petition challenging President Ghulam Ishaq Khan's dissolution of the National Assembly, the official Associated Press of Pakistan (APP) said. The petition was filed by Gohar Ayub Khan, speaker of the defunct assembly. A full bench comprising
      AFP  -  157 words
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      61 words
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      233 3 Oftorie France Body line Ik Executive's Special! lap- J Now till end of April Simply call for an appointment \and present the cut-out coupon to take advantage of the benefits now. 1. FREEIOne free consultation and Futrex Fat Percentage reading 2. FREE! Gift set comprising Herbal Bodycream (30 ml) Body
      233 words
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      249 4 m* ~"^K^H THE ORCHARD HOTEL PRESENTS ■I (§)Vmtms at the (Stpem ■II By Opera Concert Productions (Worldwide) Ltd j^^H ■If Orchard Ballroom J^^H ince its inception in 1987, the Opera Concert I Productions has achieved international v J recognition for the high quality of its performances. As an independent company,
      249 words
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      245 5 Affordable. I 3-year warranty. \vl There simply isn't a better time to own an m HP DeskJet 500 printer now that we've 7 m I put it within everyone's reach. At a price of just $549, the compact I \l HP DeskJet 500 printer can liven up any I I
      245 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Reclaiming Sabah proving harder than Umno thought
      1046 6  -  East Malaysia: Politics By Leslie Lopez KOTA KINABALU Two years after launching a direct campaign to wrest control of Opposition-led Sabah, Malaysian Prime Minister Mahathir Mohamad's United Malays National Organisation (Umno) is Finding out that capturing the state may be more difficult than
      1,046 words
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      314 6 [v<v^ Stay ahead of the paclc%sjtj^ v Come to the IRST LARGEST l/Vindows Conference in ASEAN WINDOWS 21 23 June 1993 EXPO *93 Raffles City Convention Centre Singapore THE LARGEST GATHERING OF INDUSTRY VISIONARIES ever assembled will take you to the leading edge technology of a new generation of corporate
      314 words
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      94 6 "TIE IIYELIOU" RIBBON IF YOU km Mrs GOOD FOR YOU Wpf? \j V. Every Thursday at Club S a Yellow Ribbon Night For lovebirds to share fond memories Well make your lady fed extra special. With a compkmentary cocktail drink. A special gift. And more surprises than she (and you)
      94 words
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      153 6 INVESTMENT IN SELF STORAGE QUEENSLAND, AUSTRALIA I A Business and Property Millers Self Storage, Australia's leader in Self Storage, is offering an opportunity to invest in its Labrador-Gold Coast facility. This business offers a unique double cash flow from consistent occupancy and rental increases giving capital growth. The site is
      153 words
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      60 7 as atiwwj>taJ* 0f1««l comfcrt and hum* «*W 4 M^SBH *eon»frta*^mM^Wb^ OBgi^er,<m,he* |°^HH^HH rv. ..inii' ia^fvi'll m j^^^tf:^'^'^** |ii *>V J T .j»i»'- s r <i *C i ;se-:- nn i tV;ft.- r- Wii3w^^*^S^te |lflr» t a. i 1 />- to cE >■";'. ,*,c -fcoffcrtfte UK«t pleasurable driving axpert«»ce Oiert f^^,
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  • THE WORLD
    • WORLD WATCH
      • Article
        Higher German budget deficit likely
        87 8 BONN The German federal budget deficit will surge t065 billion to 70 billion marks in 1993 from 39 billion in 199?, coalition sources said. The finance ministry said earlier this month that the deficit would be around 54 billion marks but that this figure could
        87 words
      • Article, Illustration
        State funeral for Turkish president
        123 8 ANKARA Turkish President Turgut Ozal, a combative statesman who wrought deep changes in Turkey's economy and foreign policy, received a state funeral yesterday. Scores of foreign leaders filed past his flag-draped coffin lying in state at Ankara's parliament building. An honour guard then placed it
        123 words
      • Article
        Germany to send troops to Somalia
        104 8 BONN Chancellor Helmut Kohl's cabinet formally approved sending 1,600 troops on a humanitarian mission to Somalia, in the German army's first foreign deployment outside the Nato region since the war. But only a day after the three coalition parties endorsed the decision, controversy flared,
        104 words
      • Article
        French PM plans to cut ministers' pay
        89 8 PARIS New French Prime Minister Edouard Balladur plans to trim ministers' pay by 10 per cent to help plug the budget deficit and send a message of thrift ahead of expected tax rises. The cut would save a small trickle of money less
        89 words
      • Article
        Arab states suffer U$ s676b losses
        96 8 ABU DHABI Arab countries lost US$676 billion (Ssl.l billion) as a result of the 1990/91 Gulf crisis and war, equivalent to 18 months' loss of their total gross national product, according to figures from the Arab world's main monetary agency. The figures, which equate
        96 words
    • Article
      Lock icon French PM to defend stand in talks with Kohl
      357 8 Reuter PARIS French Prime Minister Edouard Balladur said on Tuesday that he would tell German Chancellor Helmut Kohl it was a "gross caricature" to blame French agriculture alone for stalling the Gatt world trade talks. "One must stop this constant obsession
      Reuter  -  357 words
    • Article
      Lock icon Brazilians to decide on system of govt
      428 8 UPI RIO DE JANEIRO Brazilians were set to decide yesterday if they will stick with their current republican-presidential system or replace it for parliamentary or even monarchical rule. Though most polls predict a majority of the 90.2 million voters will opt to stick
      UPI  -  428 words
    • Article
      Lock icon IMF warns Canada to curb spending
      410 8 Reuter OTTAWA The International Monetary Fund has warned the Canadian government to cut spending and keep a tight hold on its spiralling debt, a Canadian government official said on Tuesday. The warning is the latest that international and domestic agencies have given the Canadian
      Reuter  -  410 words
    • Article
      Lock icon Clinton's jobs Bill appears doomed
      384 8 Senate Republicans cool to attempts at compromise AP WASHINGTON US President Bill Clinton's jobs Bill seemed all but dead on Tuesr day as Senate Republicans reaffirmed their solid opposition in spite of Mr Clinton's efforts at compromise. The president considers the now US$l2.2 billion (5519.8
      AP  -  384 words
    • Article
      Lock icon Economic figures underline fragility of US recovery
      386 8 Reuter WASHINGTON Recent economic data, including a sharp drop in housing construction, underscore the fragility of the US economic recovery, Clinton administration officials said. Officials say even though they have heard anecdotal evidence, including stronger retail sales, that the economy is bouncing back
      Reuter  -  386 words
    • Article, Illustration
      Lock icon German industry leaders lament ballooning costs
      388 8 Reuter HANOVER, Germany German industry leaders, trying to put a good face on bad 1992 results at this year's Hanover industry fair, lashed out at high wage costs on Tuesday and said that painful cuts were needed to save jobs. Facing a combination of
      Reuter  -  388 words
    • Article
      Lock icon Russian govt adviser sees bright spots in economy
      316 8 AP MOSCOW Russia's economy has improved since September, but there ate signs of potential backsliding on freemarket reforms, economists said on Tuesday. "Russia's economic performance has improved in the last several months, and there is opportunity for big further improvements," Richard Layard,
      AP  -  316 words
    • Article
      Animal dealer gets jail term for smuggling orangutans
      216 8  -  Dr Nirmal Ghosh SINGAPORE Miamibased animal dealer Matthew Block was sentenced to 13 months* jail and ordered to pay a US$3O,OOO fine by a US conrt last Friday for his role in the smuggling of six baby orangutans from Singapore to Bangkok
      216 words
    • Article
      Lock icon Italian defence minister accused of vote-rigging
      228 8 AFP MILAN Italian Defence Minister Salvo Ando has been accused of election cheating with the help of the Mafia as new corruption charges surfaced against former justice minister Claudio Martelli and his secretary. "I am indignant but calm." Mr Ando said yesterday. "It is
      AFP  -  228 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Ipco launches initial public offer of 10m shares
      527 9  -  By Genevieve Cua SINGAPORE Singaporebased engineering group Ipco International yesterday launched its initial public offer of 10 million shares. The group, which is seeking a main board listing, is offering the shares in two tranches a public offer of 5.5 million new
      527 words
    • Article
      QAF forms joint venture to operate and expand Sichuan shopping complex
      504 9  -  Genevieve Cua SINGAPORE QAF Ltd has forged a joint venture in China's Sichuan province to operate and expand an existing supermarket-cum-depart-ment store, its first major retail foray into China. A joint-venture agreement was signed earlier this week with the
      504 words
    • Article
      San Teh aiming for main board listing
      394 9  -  By Helen Chang SINGAPORE Sesdaqlisted San Teh Rubber plans to apply to be upgraded to the main board in July. "The prestige and status will be better on the main board," said founder and managing director Kao Shin Ping. A main board listing
      394 words
    • Article
      Causeway set to recover with Dharmala and Oei Hong Leong as partners
      721 9  -  HOCK LOCK SIEW By William Chia SINGAPORE Industrial gas and equipment supplier Causeway Investment has pulled off a remarkable coup by tying up with two regional heavyweights Singapore entrepreneur Oei Hong Leong, who has extensive investments in China,
      721 words
    • Article, Illustration
      Jurong looks to shipbuilding, conversions for 17pc of turnover
      468 9  -  By Juliette Walker SINGAPORE Jurong Shipyard expects ship conversion and shipbuilding to grow to 17 per cent of revenues this year, making up for a slump in the shiprepair sector. The yard's management predicted yesterday that conversion contracts would contribute about
      468 words
    • Article, Illustration
      Lock icon SUMMARY
      271 9 Source: Bridge Info PwfanMMt «f snrs Mcx stocks Apr 21 lam Scaac Ida Stack fit Chat hdw—iui <*> 71) Avimo 2.110 0.010 1.67 2.00 CftC 7.100 0.0)0 5.61 10.00 Ccicbn 5.350 4.2) FAN 12.400 -Ol200 9 W -4000 GF Asia 3.420 0.120 2 70 24.00 GcaMag 1.440 -0.020 I.IS
      Source: Bridge Info  -  271 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Keppel Bank applies for SES listing
          32 10 SINGAPORE Keppel Corporation said yesterday that its subsidiary, Keppel Bank, had applied for a listing on the Stock Exchange of Singapore. No other details were given.
          32 words
        • Article
          Lum Chang sells entire Alliance stake
          55 10 SINGAPORE The Lum Chang group has sold its entire stake in Alliance Technology and Development Ltd. Lum Chang Holdings and Lum Chang Properties sold their combined 9.6 per cent stake or 4.68 million shares in Alliance to Chang Ching Chuan, who made a cash
          55 words
        • Article
          YHS (M) to cease distributorship
          62 10 KUALA LUMPUR Yeo Hiap Seng (Malaysia) Bhd yesterday announced that it would cease to be the distributor of Ridsect products with the expiration of the distributorship greement with Kiwi Brands (Malaysia) Sdn Bhd with effect from July. The company said that move was not expected
          62 words
        • Article, Illustration
          Lock icon 100 sacked Korean workers stage rally
          49 10 Reuter SEOUL Some 100 dismissed workers at Korea Cilag, a subsidiary of Johnson Johnson, staging a rally outside the headquarters of the main opposition Democratic party here yesterday. The workers demanded that Johnson Johnson withdraw its decision to close the Korean subsidiary. Reuter
          Reuter  -  49 words
        • Article
          Nod for flotation of ASM subsidiary
          81 10 KUALA LUMPUR The Securities Commission has approved the flotation of Amalgamated Containers Bhd, a 50.26 per cent owned subsidiary of Amalgamated Steel Mills Bhd. The flotation scheme involved a proposed one-for-two rights issue by Amalgamated Containers of 15.95 million new ordinary shares of Msl
          81 words
      • Article
        Creative Tech writes off US$ 22m for E-Mu
        462 10  -  By Joseph Rajendran SINGAPORE Homegrown Creative Technology has just written off US$22 million (5535.6 million) for its E-Mu Systems in the quarter to March 1993, resulting in a net loss of US$5.6l million. Despite the big write-off, the company is still in
        462 words
      • Article
        APB associate in tie-up to build and operate NZ casino
        361 10  -  By Lee Han Shih SINGAPORE A joint venture involving brewer DB Group, which is an associate of Singapore's listed Asia Pacific Breweries (APB), has secured approval to build and operate a casino in New Zealand. News from Christchurch, where the
        361 words
      • Article
        Lock icon NZ revamping company takeover law to block special deals for big shareholders
        444 10 Reuter WELLINGTON New Zealand yesterday moved to tighten up its takeover law to put a stop to special deals between big businesses and to ensure that minority shareholders are fairly treated. The basis of the draft takeover code
        Reuter  -  444 words
      • Article, Illustration
        Poser: Is San Miguel a govt or private company?
        458 10  -  From Al Labita in MANILA THE government's sequestration of 51 per cent of the stocks of San Miguel Corp (SMC) has raised questions of whether the conglomerate is a state or private corporation. At a stockholders' meeting on Tuesday, a group
        458 words
      • Article
        Mobikom confirms independent evaluation of contract
        216 10  -  From Leslie Lopez in KUALA LUMPUR PRIVATE CELLULAR phone operator Mobikom Sdn Bhd said yesterday that aa iadependent team woald he set ap to evaluate its controversial award of a supply coatract to Swedish telecommunications giant Telefoa AB LM Ericsson. Confirming a BT report,
        216 words
      • Article
        Lock icon Thailand's largest life insurer buys 4.3 pc stake in Shinawatra
        284 10 Bloomberg Business News BANGKOK American International Assurance. Thailand's largest life insurance company and a subsidiary of the American International Group of the US, has acquired three million shares, or 4.3 per cent, of Shinawatra Computer and Communications, the Stock Exchange
        Bloomberg Business News  -  284 words
      • Article
        UNIT TRUSTS & FUNDS
        408 10 UNIT TRUSTS FUNDS Maaaftrt' prim (SI Apr 22 NMM M Trwk PmUnk Mad Fund 1.0* I.IS The Commerce 1.32 1.39 IMUtt fcwlpfri The Savings Fund I.IS 1.21 Fm B'putra 1.72 1.77 s;poic Pra( Fund O SS OSI Second B>ti» 1.71 176 ypore See Fund 019 0.93 B pmra S IS
        408 words
      • Article
        Untitled
        1383 10 Payaaant Ex Books Pay Me ckw fate Acma F 7.5 Jun 10 Jun 22 Jul 3 Amtek Eng 20" I 6TE Apr 15 Apr 21 Apr» Apollo F 2.3 J ho 21 J no 23 Jul 13 Boustead 50* 1 1 5 tf 2 2 ¥*>1 i*?, 4 B Rava
        1,383 words
      • Article
        Lock icon HK Telecom may lose control of allocating numbers
        517 11 Bloomberg Business News HONGKONG Hongkong Telecommunications may lose control of Hongkong's telephone numbering system, following the recommendations of a government-commissioned report. Hongkong Telecom, which is set to lose its monopoly over the territory's fixed-link domestic telephone network in 1995, has been trying
        Bloomberg Business News  -  517 words
      • Article, Illustration
        Lock icon All decked up for a sale
        48 11 Reuter TOKYO A salesman for a computer store resorts to an unusual method to attract customers to a sale at his store in Akihabara, Tokyo's electrical speciality district. An economic slump in Japan and the lack of new products has cut sales.
        Reuter  -  48 words
      • COMPANY BRIEFS
        • Article
          Lock icon Goodman Fielder buys stake in Goody
          114 11 Reuter TAIPEI Australian food group Goodman Fiejder Ltd has bought a 50 per cent stake in Goody Foods Co, Taiwan's largest maker of frozen Chinese pastry products, for US$l5.6 million (5525.4 million), a spokeswoman for the Taiwan firm said. "Goodman sees good growth potential
          Reuter  -  114 words
        • Article
          Lock icon Mehta denies role in market boom
          100 11 AFP NEW DELHI Harshad "Big Bull" Mehta, alleged mastermind of India's biggest bank fraud, has denied that he created the stock market boom which fizzled with the seam's eruption a year ago. In a letter to a parliamentary panel probing the scam, the 40-year-old
          AFP  -  100 words
        • Article
          Lock icon Japanese firms scale down subsidiaries
          107 11 Knight-Ridder TOKYO Nissho Iwai Corp and Tomen Corp have decided to scale down or liquidate financial subsidiaries by the end of March 1994 because of losses on speculative securities investments, the Nihon Keizai Shimbun reported. The financial subsidiaries have been carrying losses on speculative securities
          Knight-Ridder  -  107 words
        • Article
          Lock icon Acer upgrades CPUs with new chip
          84 11 Reuter TAIPEI Acer Inc, a Taiwanese personal computer maker, said it had developed a technology to upgrade central processor units using a single microchip. The technology will be incorporated into personal computers made by Acer that use Intel Corp's new Pentium chip, the company
          Reuter  -  84 words
        • Article
          Lock icon Japan's IHI to slash 500 jobs
          78 11 AFP TOKYO Japan's Ishikawajima-Harima Heavy Industries Co Ltd (IHI) is to cut 500 jobs in its aircraft engine division, reflecting the recession and reduced military spending, a spokesman said yesterday. The cut, equivalent to more than 10 per cent of the division's workforce, will
          AFP  -  78 words
      • Article
        Lock icon Shangri-La Asia seeking HK listing
        174 11 Reuter HONGKONG The Shan-gri-La Hotel Group plans to list Shangri-La Asia on Hongkong's stock exchange later this year. Paul Bush, an adviser to the Malaysian-based Kuok Group which owns Shangri-La, yesterday said the listing was mainly to finance the group's expansion plans in China. The
        Reuter  -  174 words
      • Article
        Lock icon China revamping share application policy
        182 11 Reuter BEUING China plans to allow the issue of an unlimited number of share application forms for new stock flotations in a bid to prevent social unrest among frustrated would-be investors, the official China Daily said yesterday. The China Securities Regulatory Commission (CSRC), which drew
        Reuter  -  182 words
      • COMPANY BRIEFS
        • Article
          Lock icon US CEOs get 6pc of stock options
          97 12 Knight-Ridder NEW YORK Chief executive officers of major US corporations received, on average, 6 per cent of their company s annual pool of all stock options granted last year, according to early tallies from a study released on Tuesday. As a group, the
          Knight-Ridder  -  97 words
        • Article
          Lock icon Macy's CEO to quit on Aug 1
          106 12 NYT NEW YORK Mark Handler, the affable merchant with the wry sense of humour, will resign as chairman and chief executive at R H Macy Co on Aug 1. Mr Handler, who has been sharing the posts, will focus on developing the company's
          NYT  -  106 words
        • Article
          Lock icon ABB aims for net assets this year
          82 12 Reuter VASTERAS, Sweden Swiss-Swedish power engineering giant ABB Asea Brown Boveri AG aims to turn its net debts into net assets this year, chief executive officer Percy Barnevik said. ABB cut its net debts to US$7 million (Ssl 1.5 million) in 1992 from
          Reuter  -  82 words
        • Article
          Lock icon Italy to issue EFIM bonds
          115 12 Reuter MILAN The Italian Treasury has given the green light for raising some 1.6 trillion lire (SSI.7 billion) on the Euromarkets to help repay the debts of failed state conglomerate EFIM, which was put into liquidation last year. A note in the official government gazette
          Reuter  -  115 words
        • Article
          Lock icon Krupp-Hoesch reports loss
          64 12 Reuter HANOVER, Germany Fried Krupp AG Hoesch-Krupp made a group net loss of 250 million marks (*****.7 million) in 1992, management board chairman Gerhard Cromme said on Tuesday. This is the first year Krupp-Hoesch has presented consolidated figures and there are no 1991 comparisons. Speaking at the
          Reuter  -  64 words
        • Article
          Lock icon German retailer posts record profit
          81 12 Reuter DUSSELDORF, Germany Perfume and fashion retailer Douglas Holding AG said on Tuesday it had boosted group net profit to a record high and expected good earnings again this year despite general difficulties in the sector. Management board chairman Joern Kreke said that 1992 group
          Reuter  -  81 words
      • Article
        Lock icon Sears posts highest first-quarter profit
        502 12 NYT CHICAGO Emerging with style from its recent financial doldrums. Sears, Roebuck Co has reported the highest first-quarter profit in its 106year history. Bolstered by a strong performance at its Allstate insurance subsidiary and improvements in its retailing business, net income surged 59 per cent
        NYT  -  502 words
      • Article
        Lock icon Philip Morris first quarter profits up 10.8 pc
        264 12 Reuter NEW YORK Food and tobacco giant Philip Morris Cos Inc posted a 10.8 per cent jump in first-quarter profits on Tuesday but repeated warnings that its recently announced cigarette price cuts would hurt earnings for the year. The company said it
        Reuter  -  264 words
      • Article, Illustration
        Lock icon Checking for more bullet holes
        52 12 Reuter LOS ANGELES A repairman surveying ballet holes in the windows of the world headquarters of MCA in Universal City after a sniper raked the building with gunfire on Tuesday. Three employees were hit with gunshots from a disgruntled former limousine driver for the entertainment
        Reuter  -  52 words
      • Article
        Lock icon Weak economy sends Accor's earnings down
        136 12 Bloomberg Business News PARIS Accor SA, Europe's largest hotel group, said 1992 earnings fell 15.5 per cent from a year earlier because of acquisition costs and a weak European economy. Net profit at Accor, whose holdings include the Motel 6 chain in the US,
        Bloomberg Business News  -  136 words
    • FINANCE
      • Article
        AG calls for balanced approach in tackling money laundering problem
        528 13  -  By Soh Tiang Keng SINGAPORE The increasing globalisation of financial markets, aided by advanced communications and information technology, has to some extent benefited money laundering activities. And this, said Singapore's Attorney-General Chan Sck Keong. has presented governments with a "dilemma"
        528 words
      • Article
        OUB to boost overseas operations as demand in E Asia increases
        342 13 Bank to expand further into Malaysia SINGAPORE Overseas Union Bank (OUB) will strengthen its international operations to meet increasing demand for financial services in the East Asia region. In his annual statement to shareholders. OUB chairman Lien Ying Chow
        342 words
      • Article
        DBS plans to set up branch in growing market
        430 13  -  From Yong Pow Ang in BEIJING DBS BANK is planning to carve out its own niche in the fast-growing China market by setting up a branch, said its president, Patrick Yeoh, yesterday. Mr Yeoh also confirmed that the bank has shelved
        430 words
      • SMALL CHANGE
        • Article
          Lock icon Japan's JCB to start US banking unit
          84 13 Bloomberg Business News TOKYO JCB Co, Japan's largest credit card company, will set up a banking subsidiary in the US in May to issue its cards, the Nihon Keizai newspaper said yesterday. JCB Bank NA, to be based in Los Angeles, would be
          Bloomberg Business News  -  84 words
        • Article, Illustration
          Lock icon Coins on Japanese prince's wedding
          78 13 Reuter OSAKA Five-thousand-yen (SS73) silver coins commemorating the June 9 wedding of Japan's Crown Prince Naruhito and former career diplomat Masako Owada came out of pressing at the Finance Ministry's Mint Bureau here yesterday. The 18-gram coins are engraved with a pair of flying cranes
          Reuter  -  78 words
        • Article
          PNB raises stock and cash dividends
          64 13 MANILA State-controlled Philippine National Bank yesterday announeed a 10 per cent stock and an 8 per cent cash dividend compared with last year's 5 per cent stock and 5 per cent cash dividend. Bank president Gabriel Singson said the amount was divided into 674.7
          64 words
        • Article
          Lock icon BNL sends investigators to Argentina
          80 13 FT NEW YORK Italy's state-owned Banea Nazionale del Lavoro (BNL) has sent a team to Argentina to investigate suspected irregularities possibly involv ing a loss by the bank of as much as US$lOO million (SSI62 million). Separately, US investigators from Congress and government agencies are
          FT  -  80 words
      • Article
        Lock icon Sanwa Bank aiming to be world leader
        350 14 Reuter TOKYO Amid the gloom of Japanese banks, laden with bad property loans, Sanwa Bank is dreaming of becoming the best in Japan and the world. "People say there are six or seven big banks in Japan now but that in future there
        Reuter  -  350 words
      • Article
        Lock icon Junk bonds look set for good year
        185 14 Reuter NEW YORK This year may be the best in the history of the US junk bond market, if interest rates stay low and fund flows remain positive, some analysts said. They said junk bond issuance could soar to a new high in
        Reuter  -  185 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        141 14 IT WAS a day of brisk volatile trading in the US$/S$ market, as the dollar suffered an early sell off before recovering on the back of a higher dollar yen. A sharp rise in S$ interest rates (up 1 per cent) coupled with commercial selling
        141 words
      • Article
        Lock icon London
        177 14 Reuter LONDON The London stock exchange moved higher yesterday with investors betting the British economy is improving, but the German mark lost ground against the dollar, sterling, and the Swiss franc. The mark ended the day at 2.4659 against sterling, down from Tuesday's 2.4670. Against the dollar it was
        Reuter  -  177 words
      • Article
        Lock icon New York
        83 14 AFP NEW YORK The dollar edged up slightly against other major currencies, except the Swiss franc, due to computertriggered buying in quiet trading yesterday. At around 9:30 am, the dollar traded at 111.10 yen against 110.50 yen and at 1.60 German marks (1.5970). The greenback climbed against the
        AFP  -  83 words
      • Article, Illustration
        Lock icon BO J can exploit strong yen to ease credit, say economists
        169 14 Reuter TOKYO The Bank of Japan's repeated attempts to curb the yen's sharp rise have accomplished little, but the central bank may take advantage of the yen's strength to ease its credit stance or even cut the official discount
        Reuter  -  169 words
      • Article
        Lock icon Chemical and other top US banks post sharp profit gains
        615 14 Losses from bad loans falling faster than expected NYT NEW YORK Chemical and several other major banks reported sharply increased earnings on Tuesday, largely because their losses from bad loans have fallen faster than expected. The loan income of many
        NYT  -  615 words
      • Article, Illustration
        Untitled
        1364 14 naif-wmifcM/ imA'\ lahululiil a»iin\i S'manr'% u<r 14 iruthnr i*inmr\ Bay inr IW? US$/S$ forward rates Noon Apr 21 s$ Bid (Xfcf 1-month 1.6195 2-month ***** 1.62JO J-month ***** 1 62JO 6-month 1.6205 16.25 S.mnr Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltaa yesterday: Singapore dollars to one unit of
        1,364 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Rich Indians find legal way to launder money in new gold bond scheme
        680 15 AFP NEW DELHI Wealthy Indians are flocking to a new and legal channel to launder money hidden away from the tax man. The first peace-time Gold Bonds scheme floated by the government to mop up idle gold
        AFP  -  680 words
      • Article, Illustration
        Lock icon Coffee prices set to hit 20-year low as stocks pile up
        481 15 Reuter LONDON Coffee prices look set to fall soon to the lowest level in about 20 years, with stocks piling up in warehouses and demand sluggish, analysts say. "You can only be bearish. The market is in continuous oversupply
        Reuter; Source: Bloomberg  -  481 words
      • Article, Illustration
        Lock icon Oil find in Serbian village
        65 15 Reuter MOKRIN, Yugoslavia Two elderly villagers sitting on Tuesday in front of an oil pump placed in their yard by the Serbian state because oil was found there. More than 25 small oil fields exist in the eastern Serbian village of Mokrin, 10 km from
        Reuter  -  65 words
      • Article
        Lock icon Asian lead smelters agree on some 1993 concentrate terms
        277 15 Knight-Ridder TOKYO Asian lead smelters have settled some 1993 concentrate agreements at terms near the lower end of last year's range, after accounting for the fact that base prices have fallen. Sources said yesterday that the smelters had sought an increase
        Knight-Ridder  -  277 words
      • Article
        Futures prices rise on news of fall in crude stocks
        351 15 Bloomberg ENERGY REPORT LONDON Oil futures prices in London and New York rose yesterday after US crude and refined products stocks fell last week, brokers said. The American Petroleum Institute's weekly inventory figures showed crude stocks fell 10.1 million barrels
        351 words
      • Article
        Lock icon CBOT withdraws offer to take over struggling Comex
        345 15 NYT CHICAGO The Chicago Board of Trade on Tuesday withdrew its offer to acquire the struggling Commodity Exchange Inc of New York, freeing Comex to negotiate an affiliation with other exchanges. While it was trying to complete its deal with the Chicago
        NYT  -  345 words
      • Article
        Lock icon Beijing seeks foreign help to explore Tarim Basin
        599 15 Reuter LUNNAN, China More than 1,600 years after pioneering the salt boring method of drilling oil. China has finally decided to look for some foreign help. While China has long gone it alone in exploring for onshore oil, Beijing has now decided
        Reuter  -  599 words
      • Article
        Lock icon Euroyen ends softer in profit-taking
        1418 16 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended softer in intraday profit-taking following sharp gains due to the yen's surge in Asia and falls in the Tokyo stock market. December settled at 96.71 against 96.72 previously and September at 96.77 against 96.78 on some 8,090
        Reuter  -  1,418 words
      • Article
        KL tin market ends steady on renewed buying
        949 16 COMMODITIES REPORT Tin THE Kuala Lumpur Tin Market, after two consecutive days of downtrend, held steady yesterday to close at Tuesday's level of M$ 14.11 per kg on renewed buying, dealers said. The market opened higher at M 514.13 with a bid
        949 words
    • Article
      COMMODITY PRICES
      1611 16 Rubber RAS Cowiaodtty Exctont (hrtnrw dwlm at RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mav 93 130.00 130.00 129.50 150 1.000 jun 130.75 130.75 130.50 100 4.875 Jul 0.00 0.00 131.50 50 4.200 Aug 0.00 0 00 132.50 0 5.125 Sep
      1,611 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        945 17 -9.7 Australian stocks withered yesterday as profit takers moved in after a weak performance overnight on Wall Street. The All Ordinaries Index closed down 9.7 points at 1,693.9. The All Industrials Index fell 12.4 points to 2,654.3 while the All Resources dropped 7.6 to 959.6. National turnover was 200
        945 words
      • Article
        Manila
        543 17 -22.05 Share prices dropped sharply after a strong opening on lack of follow-through buying and disappointment over oil drilling reports, brokers said. The Manila Composite Index fell 22.05 points to close to 1,532.76 from 1,554.81 on Tuesday. The Makati index made a similar dive to close to 1,560.02, down
        543 words
      • Article
        Taipei
        544 17 +34 2 Taiwan share prices reversed early losses to end slightly higher but financials remained weak, brokers said. The Weighted Index, which was more than 60 points down at one stage, ended 34.2 points up at 4,482.63. Turnover was thin at NT531.44 billion against Tuesday's NTS 39 billion. Worries
        544 words
      • Article
        New Zealand
        261 17 +3.42 Carter Holt Harvey, regarded as New Zealand's key forestry stock, rose to a 54-month high as international investors sought a piece of the sector, said James Porteous, a broker with Hendry Hay Mcintosh. The overall market closed higher on enthusiasm for forestry stocks, brokers said. The Top
        261 words
      • Article
        Seoul
        359 17 +11.92 Seoul stocks closed at a 20 month high helped by a late surge from financial counters which added to a day of across-the-board advances led by electronic counters, brokers said. The Composite Stock Index closed 11.92 points higher at 733.58, surpassing the previous high of 725.76 set on
        359 words
      • Article
        Bombay
        47 17 -10.48 Indian stock prices tumbled again yesterday after reports said that the national budget deficit might be higher than the government's initial estimate, analysts said. The Bombay Stock Exchange Index, which dropped to a 52-week low of 2,204.91 on Tuesday fell by 10.48 points to 2,194.43.
        47 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        667 17 Britannia Funds Stcrlin Cash BW Offer Mim Cap Depoul 31 6300 3«6400 Mim Jen« di .0 1902 0 2003 Mim Mm Income *0 9900 ****** US$ Cask Income Plw Fund 10.3100 10 MOO PS 1 Rrserve Fund J 2000 5.2100 Euro ftSjnaaacc .***** 0 4931 Far Ea« Fond *2 7650
        667 words
      • Article
        London
        626 17 +13.5 London shares were pushed up by the drugs and building sectors, talk of a British economic recovery and a shortage of stocks, and strategists were cautiously optimistic on how much farther up they would go. The FTSE 100 Index closed at its highest level since April 2, up
        626 words
      • Article
        Paris
        102 17 -17.44 The French CAC-40 Index of blue-chip stocks closed lower on disappointment over prospects for lower German interest rates and reported comments by Prime Minister Edouard Balladur, traders said. The index closed down 17.44 points at 1,931.89. It last closed that low in late March. Paris iTuJudr 762 00
        102 words
      • Article
        Frankfurt
        196 17 -20.24 German stocks closed lower as investors gave up any last hope the Bundesbank will cut interest rates at its policy-making meeting today, traders said. The Bundesbank last sliced half a percentage point off its key discount rate to 7.5 per cent on March 18. The Lombard rate has
        196 words
      • Article
        Brussels
        133 17 -4.1 Belgian shares closed lower as institutional investors stayed out of the market ahead of the Bundesbank council meeting today and private investors took profits in selected stocks. The Bel-20 index closed down 4.7 points or 0.38 per cent at 1,247.21 on volume of 934 million francs worth of
        133 words
      • Article
        Milan
        125 17 -10 Italian stocks fell initially and then bounced back during the day as investors began to feel the market was now ready for another jump upwards, traders said. The Milan market's MIB Index ended 10 points or 0.9 per cent lower at 1,145, but the index mostly reflected prices
        125 words
      • Article
        Amsterdam
        207 17 -0.33 Dutch shares closed mixed after drifting sideways throughout the session. The market was mainly driven by price movements in foreign markets. The EOE Index closed 0.33 down at 323.39. Steelmaker Hoogovens closed at a new year-high of 32.50 guilders, up 80 cents on the day. Hoogovens earlier announced
        207 words
      • Article
        Zurich
        230 17 +2.2 Swiss shares ended slightly firmer, with gains in some industrial stocks more than compensating losses in banks and insurers. Dealers said fading hopes the German Bundesbank would cut key interest rates had taken the steam out of the market. The SPI Index rose 2.2 points to 1,346.6. The
        230 words
      • Article
        Johannesburg
        281 17 -11 South African gold shares showed little inclination to move from their pre-lunch levels in afternoon trade, ending down but off their early morning lows. The all share index was 11 points off at 3,571. The gold index shed 28 points to 1,216 and the industrial index rose 12
        281 words
      • Article
        Toronto
        288 17 +0.06 Stocks were mixed in early trade yesterday as Wall Street lent the market a weaker bias. The TSE 300 Index fell 6.53 points to 3,656.81 on turnover of 7.8 million shares valued at Cs63 million. Advances narrowly edged declines 134 to 132, with 204 issues steady. On Tuesday,
        288 words
      • Article
        New York
        472 17 -23.5 Wall Street continued its decline yesterday morning following the publication of financial results from several companies. At 11 am, the Dow Jones Industrial Index was at 3,433.74, down 9.75 points. Activity was bolstered by the trading of 90 million shares. Blue-chip stocks closed lower for a second
        472 words
    • Article, Illustration
      Lock icon HONGKONG
      2669 18 Reuter HONGKONG Stocks closed sharply higher yesterday. but turnover remained low as institutional investors stayed on the sidelines ahead of Sino-British talks, brokers said. The Hang Seng Index ended up 129.85 points, or 1.96 per cent, at 6,768.39, its high for the day. Yesterday's surge was sparked by comments
      Reuter; Source: Bridge Info  -  2,669 words
    • Article, Illustration
      CHINA
      418 18 THE A MARKET in Shenzhen was mixed yesterday in light trading with gainers just barely winning the day. The CLSA Shenzhen A Index was up a very modest 0.04 per cent to close at 3,069.41. Activity returned to the Shenzhen B market with Southern Glass climbing 4.07 per cent.
      418 words
    • Article, Illustration
      Lock icon TOKYO
      2393 18 Reuter TOKYO Stocks closed lower for the fourth consecutive day on concerns the yen's sharp rise will be a major obstacle to Japan's economic recovery. Futures-linked buying lifted prices off their lows but the market still ended on a weaker note, brokers said. "The market's recent advance was driven
      Reuter; Source: Bridge Info  -  2,393 words
    • Article, Illustration
      Lock icon BANGKOK
      1592 18 Reuter BANGKOK Stocks traded higher in the afternoon yesterday but lost some earlier gains. Investors continued to buy on anticipation that the authorities might take less severe action than expected against violators of Thailand's new securities law. The SET Index gained 5.20 points to close at 889.42 on turnover
      Reuter; Source: Bridge Info  -  1,592 words
    • Article, Illustration
      Lock icon JAKARTA
      1042 18 Reuter JAKARTA Share prices closed mixed in active trade yesterday, brokers said. The Composite Index ended 0.51 point lower at 312. "Locals were taking profit and foreign investors were selling selective stocks but it was well absorbed." a local broker said. Analysts said Matahari fell 1,100 to 10,500 rupiah
      Reuter; Source: Bridge Info  -  1,042 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      1829 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Hromc. Mm Hyd 50c ar!:=:S!» Mull i-Purpose 7 to? 000 Mctropkx 50c 7.791.000 Xsia Pac Ld 50c 7.53I.OOO kamunling 50c 6J62.000 tabcr Group 1 oo mn Bedford 50c 1122K Ind (Hyacn 50c iSSnS Mulpha lnll 50c Ind Oxygen Wl
      Source: Bridge Info  -  1,829 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index soars to new high amid strong buying
        4402 19 Bernama KUALA LUMPUR Strong buying of component stocks drove the K.LSE Composite Index up to a new high at the close yesterday. The key benchmark rose steadily from the outset to finish 19.17 points higher at 691.70, erasing the previous record of
        Bernama; Source: Bridge Info  -  4,402 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Index firms with interest on M'sian counters
        5850 20  -  Byl Paul Leo SINGAPORE The slock market ended firmer yesterday on selective buying of blue chips and fresh interest in Malaysian counters traded on Clob International. The benchmark Straits Times Industrials Index rose 6.99 points to 1,770.06 while the broader base BT-MGA Index
        Source: Bridge Info  -  5,850 words
      • Article, Illustration
        Lock icon DBS
        72 20  -  HOT STOCK Paul Leo DBS fell SO cents over the past three days to end at $11.50 yesterday. It is likely to fall further towards the support of $11.00 in the next few days. But it is a buy at $11.00 because the weekly and daily RSI will then
        SOURCE: BRIDGE INFO  -  72 words
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      56 9 ALFRED DUNHILL Gemline Writing Instruments. 5He imdmffAt Mae 'eM 'ff ffeaUiae wntutf uftrameale emanate* a deep Imetre ,/rom 4ie matft layer* gf iacfaer. .A.'wu/ai/e <" a rtufpe g£fime filaiej. /acfaered or ctutufHAy a (*/rt4mr pf utrtidifp enjoyment. Van Auud Dunwu At Palab lUnabsamcl Ha ton Istmnatiomw Hotu. Tmt Paeagon Am
      56 words
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      114 10 SOver 3,365 Why settle for the same old vanilla hotel? All of the 3,365 Best Westerns in 47 countries are independently owned and operated, so they reflect the spirit of the cities they call home. And only the largest hotel chain in the world can offer you a single number
      114 words
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      5 10 MARKETING Tomorrow in Business Times
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      106 11 4v^f >?, >*:>•?. v r For the price of a Business Class ticket, KLM puts If you're wondering what we really charge for you in First Class. All you need to pay is the full I.A.T.A. Business Class, find out by calling your Travel Agent or Business Class Fare for
      106 words
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      394 12 M THE MATTER OF THE COMPANIES ACT, CAP. SO AND KMQ-WUONSON ENQMEEMNQ PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General I Meeting of the Company deemed I to have been held, pursuant to I Section 179(6) of the Companies I Act C*>. 50 held at 36 Robinson I Road.
      394 words
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      Page 12 Advertisements Column 2
      302 12 ADVERTISEMENT FOR CREDITORS IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF TANAMERA CAFE RESTAURANT PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that the CREDITORS of the abovenamed company, which is being wound up voluntarily, are required on or before 22 May
      302 words
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      Page 12 Advertisements Column 3
      317 12 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HK LAZERS PTE LTD (Id Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 4/F Tak Woo House
      317 words
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      Page 12 Advertisements Column 4
      213 12 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Karen Joanna Yung Mu-Lan of 34 Seah Im Rood, Singapore 0409, have applied fora Public House, Second Class Licence in respect of premises at M/s Mr Cucumber, at #02-32 37 Forum The Shopping Mall, 583 Orchard Road, Singapore 0923, and that
      213 words
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      Page 12 Advertisements Column 5
      157 12 AdesiNasnH terCriMWrs In the Matter of TNaCwapaalwArt.rapW And In the Manor o« WR GRACE TRAOMQ (SMGAPORE) PTELTD m llekMßeMi cin innopv fomnwy Liquidation) NOTICE IS HEREBY GIVEN fiat tie CREDITORS of tie abovenamed company, which la being wound up voluntary, aie required on or before tw 22nd day of May
      157 words
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      Page 12 Advertisements Column 6
      355 12 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, I, Urn Huat Wee of Blk 134 #05-140 Serangoon North Ave 1, Singapore 1955, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Trio-M Pie Ltd, at Blk 201 Henderson Industrial Park #03-07, Singapore 0315, and that
      355 words
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      Page 12 Advertisements Column 7
      196 12 Ths Compsntee Act, Chapter 50 3sctlon29o(ta Hflttpf gl HngluUon WR GRACE TRAOMQ (SMGAPORE) PTE LTD IIAkMAAMI On RBOfflMfS YPVUVUfy Liquidation) At an Exfraordinary General Meeting of W R Grace Tradtag (Singapore) Pte LM held at 6 Battery Road •32-00 Singapore 0104 on Vie I(Nh day of April 1003, the following
      196 words
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      117 13 Reaching Upward and Outward Norinchukin Singapore Elevates to Branch Status Commemorating its 70th anniversary since establishment, Norinchukin, Japan's central bank for the primary sector and top institutional investor, has elevated its Singapore representative office to branch status as of April 22, 1993. This move is intended to strengthen the services
      117 words
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      37 15 pOnnnrW Qantas to London 14 times a week Leaves just before midnight, Remember, nobody flies to London more often than Qantas. arrives in time for breakfast. F U R T H B R or your travel agent.
      37 words
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      177 16 "LOGANBANK" Kargarum Rd, Beaudesert, Queensland, Australia. 23.826 ha (58.9 acres) Rich riverfront land 60km Brisbane 50 km Gold Coast 380sqm, 4 bed, 3 bath, modern homestead with self contained flat; 25 loose boxes, 12 day yards, 14 spelling paddocks (18 shelters); sand roll, 212sqm machinery shed, workers flat, abundant bore
      177 words
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      Page 16 Advertisements Column 2
      13 16 Make new business contacts through classification 203 in The Straits Times Classified, "-ta
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      Page 19 Advertisements Column 1
      190 19 Expansion > ml^^M Today's SMIs could bo tomorrow's MNCs. Simply by improving cash flow with associatod companios in Malaysia, Factoring Cy AM i» takos is a Httlo imagination, forward bnmodfato cask advancos at up to Thoiand, Indonosia and tho PhKppinos, thinking and a holpkig hand... partku- against thok invokos. And
      190 words
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      64 20 Since 1735 there has J \vS3l NEVER BEEN A QUARTZ BIANCPAIN WATCH. mam And there never will be mi c, n .Mw»» thi' ikmik CLASS 9 Luclv PUu. TH 7M24W1 Scotls TH TH 7)41 VNV6O3 Peninsula Plaza Tel H7MOWIW66I Worid Trade Sole AaetN TH£ HOUR CLASS. 20 BrfHofd Road *07-00
      64 words
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  • SPORTS
    • Article, Illustration
      Gimson doing 'better than expected' on Japan Tour
      528 21  -  Goir By Shahiron Sahari SINGAPORE Samson Gimson. the first Singaporean to qualify for the lucrative Japan Tour, will not tee oft at today's Dunlop Open at Ibaraki. Japan, but has still done "better than expected" so far. His manager, Gerald Loong. said
      528 words
    • Article, Illustration
      Lock icon Detroit may miss play-offs
      359 21 AP CLEVELAND The visiting Detroit Pistons found themselves on the verge of missing the play-offs for the first time in 10 seasons on Tuesday after dropping a 105-81 decision to the Cleveland Cavaliers. With three games left to play, Detroit has the lOth-best record in the
      AP; Reuter  -  359 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        82 21 Reuter NEW YORK Major league results Tuesday: American Detroit 3 Texas 1; Chicago 2 Baltimore 1 (in 14); Minnesota 10 Milwaukee O. Kansas City 8 Toronto 2; alifornia 7 Cleveland 2; Oakland 9 NY Yankees 7 (in 10); Boston 5 Seattle 2. National Atlanta 5 Florida 4; Montreal 7
        Reuter  -  82 words
      • Article, Illustration
        Lock icon Basketball
        241 21 AP Reuter NEW YORK NBA results Tuesday: Atlanta 111 Indiana 102; Cleveland 105 Detroit 81; New York 109 Miami 97; Orlando 105 Washington 86; LA 1-akcrs 107 Minnesota 95; Chicago 123 Philadelphia 94. LA Clippers 107 Dallas 98; Portland 115 Golden State 99; Sacramento 101 Utah 92. Standings: Eastern
        AP; Reuter  -  241 words
      • Article, Illustration
        Lock icon Golf
        69 21 Reuter LONDON leading European Ryder Cup points standings after the Rome Masters on Sunday (British unless stated): I. Barry Lane £285.604 2. Colin Montgomcrie 236.826 3. Nick Faldo 228.527 4. Mark James 195.659 5. Jamie Spcnce 185.837 6. David Gilford 175.455 7. Sandy Lyle 172.109 8. Bernhard Langer (Ger)
        Reuter  -  69 words
      • Article, Illustration
        Lock icon Ice hockey
        51 21 Reuter NEW YORK NHI. play-offs Tuesday: Buffalo Sabres 4 Boston Bruins 0 (Buffalo leads best-of-sev-en series 2-0); Pittsburgh Penguins 7 New Jerscv Devils 0 (Pittsburgh leads 2-0); Quebec Nordiques 4 Montreal Canadiens I (Quebec leads scries 2-0); New York Islanders 5 Washington Capitals 4 (OT2) (Series tied l-l).
        Reuter  -  51 words
      • Article, Illustration
        Lock icon Soccer
        31 21 AFP AIJXERRE, France UEEA Cup semi-final result Tuesday: Borussia Dortmund (Ger) b Auxerre (fra) 6-5 on penalties. (Second leg Auxerre 2 Borussia Dortmund O act. Dortmund won first leg 2-0).
        AFP  -  31 words
      • Article, Illustration
        Lock icon Tennis
        146 21 Reuter AP DOHA Davis Cap Asia/Oceania Group 3 round-robin results Tuesday: Saudi Arabia b Qatar 3-0: Bahrain b Syria 2-1: Lebanon b United Arab Emirates 2-1: Bangladesh and Singapore level l-l (Bangladeshi names first): Shovon Jamaly lost to Mark Choy 6-3 4-6 5-7; Hira Lai b Chee Yen Chen
        Reuter; AP  -  146 words
    • Article
      Lock icon Kermit's famous KO
      534 21  -  Hal Bock compares notes about violence in basketball with a player who punched his way into NBA folklore Hal Bock AP NEW YORK Think the NBA is tough these days, with a list of fines and violence that looks like a police blotter? Forget it. This is
      AP  -  534 words
    • Article
      Lock icon Frenchman breaks record for sailing round the world
      195 21 AP PARIS French yachtsman Bruno Peyron and a four-man crew crossed the finish line on Tuesday after rounding the world in a record-smashing 79day voyage aboard a high-tech catamaran. The previous circumnavigation record was 109 days. The 86-foot Commodore Explorer crossed the
      AP  -  195 words
    • SIDELINES
      • Article
        Lock icon Sports boost for NZ coffers
        54 21 AFP WELLINGTON Sport and leisure is a major industry contributing more to the New Zealand economy than it costs, according to a report released yesterday. It showed that based on 1991 figures, sport got NZ$lB7 million (S$ 164.6 million) from the government but returned NZ5299.6
        AFP  -  54 words
      • Article
        Lock icon Montana move to Kansas sealed
        58 21 Reuter KANSAS CITY. Missouri Veteran San Francisco 49ers star quarterback Joe Montana got his wish and became a Kansas City Chief after the two teams reached agreement on a trade on Tuesday. The Chiefs' president and general manager, Carl Peterson, said the trade would include
        Reuter  -  58 words
      • Article, Illustration
        Lock icon Becker bombs again
        74 21 AFP MONTE CARLO Boris Becker may have had new shoes and a new outfit but it was the same old result on clay for the German at the Monte Carlo Open. Becker, who is in the beginning of a new contract with an Italian clothing and shoe
        AFP  -  74 words
      • Article
        Lock icon Fife chief happy with US organisers
        57 21 Reuter FOXBORO. Massachusetts The president of soccer's international governing body has said he is very impressed with the progress US organisers have made in their preparation to host the 1994 World Cup. "I am very confident everything will go very smoothly," visiting Fifa president
        Reuter  -  57 words
  • Page 21 Advertisements
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      340 21 MN-WEST We take your golfing needs very much to heart. And when it comes to helping you play better golf, we believe an of golf clubs You have already seen the extensive range of clubs from Hon ma We now showcase additions The LB-280 Lfi-300 Series. THE EXCITING NEW LA-280s
      340 words
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      1057 22 fflfealiß Mn<Hisi|g Boate A Bid. Bffinill WHERE W,ME D|ME and entertain BSTSH SBCBBTABIBS ghat's right! We suggest you put b your secretary on the next piane to Penang HH HH I to reward her for all the hard work she's l( t( done for the past year. Just bring her
      1,057 words
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      Page 22 Advertisements Column 2
      423 22 YOUR SECRETARY CALLS TH E SHOTS It's her week. Pamper her with a lunch and fashion show at mThe Stables or Pine Court. She deserves it. 'f Secretaries' Week 19 24 April 1993 For reservations, please catf 734 615/. f To commemorate Earth Week. The Mandarin Singapore will be giving
      423 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon In love with Girlfriend
      564 23  -  Singing in Japanese, a five-woman pop group from Down Under is making waves in the Land of the Rising Sun. Maree Flynn looks at what could be a growing trend Maree Flynn Reuter ONE of Australia's leading pop groups, a fivewoman line-up called Girlfriend, is now
      Reuter  -  564 words
    • Article, Illustration
      Lock icon Lemmon gets Film Society's Achievement Award
      542 23 CHATTERBOX UPI AP AP AP ACTOR Jack Lemmon, generally known as the "sweetest man in Hollywood", received the Film Society of Lincoln Centre's 22nd annual Achievement Award at a ceremony on Monday in New York. The gala featured clips from 16 of the 51
      UPI; AP; Reuter  -  542 words
    • Article, Illustration
      Lock icon Daily dread
      759 23  -  Long, unproductive meetings are the bane of many Japanese workers. Toshio Jo reports Toshio Jo Asahi ASK Japanese businessmen to name the things they consider most inefficient and tiresome. Many would cite the daily meetings they have to attend. Many "how-to" books on meetings crowd bookstores, underscoring white-collar
      Asahi  -  759 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      996 23 ri J I TV RADIO f mcr baseball player who realises that a serial killer strikes ■■■HflljL *wm each time the Houston \stros r 'J[-✓ wini a game He triesto figure 'J* Scheider and Karen You g Herdsmen Of The San, fort Roy Schiller keeps tabs on both basetraU and
      996 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      No-error blood typing
      606 24  -  An NUS innovation detects sub-groups that other methods miss. Clarissa Tan reports Clarissa Tan Local researchers have developed what could be the most accurate method for determining a person's blood group. Research carried out at the Rational University of Singapore (NUS) has produced antibodies which are able
      606 words
    • Article
      Lock icon Relief at last for Alzheimer's victims?
      689 24  -  Doubts remain over memory drugs, reports Ben Hlrschler Ben Hirschler Reuter IT sounds like the elixir of youth, but scientists believe a new generation of drugs to restore fading memories may soon be within reach. In the next few weeks, the first drug to
      Reuter  -  689 words
    • Article, Illustration
      Bon Appetit for R&D
      590 24  -  Local food companies are innovating to keep the competitive edge, as Helen Ching finds out Helen Ching Local food companies are giving analysts and observers plenty to chew on. Enzymes to make cooking oil; a protein additive in fishballs made from whey; preservatives from natural spices
      590 words
    • IT TAKES
      • Article
        Lock icon Cold cure for cystic fibrosis?
        113 24 UPI WASHINGTON Doctors are trying to use the common cold to cure cystic fibrosis, the most common inherited fatal disease, researchers said on Monday. National heart, lung and blood institute researchers this weekend transferred healthy genes into a cystic fibrosis patient using a cold virus
        UPI  -  113 words
      • Article, Illustration
        US green award for Mobil S'pore
        130 24 SINGAPORE A team from Mobil Oil Singapore has won an award from the American Academy of Environmental Engineers for an environment-protecting process it developed locally. The team developed a more efficient way of removing and recovering oil from tank residue, called sludge. The process,
        130 words
      • Article
        Breast cancer link 1
        91 24 WASHINGTON Women who were exposed to the pesticide DDT in food may have a four times greater risk of breast cancer than women not exposed to the chemical, scientists said on Tuesday. If confirmed the study could be important in the prevention of breast cancer worldwide,
        91 words
      • Article
        Lock icon Device for speech-loss victims
        133 24 Reuter LONDON British Telecommunications Pic (BT) on Tuesday launched a portable device to help victims of speech loss caused by illnesses such as motor neurone disease, cerebral palsy and throat cancer. The device, about the size of a notebook, stores recorded phrases that can be replayed
        Reuter  -  133 words
  • Page 24 Advertisements
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      399 24 CREATING BUSINESS ApVANTAGEJTHROUGH Strategic Implications of New Forms of Information June 30 and July I, 1993 Sheraton Towers Hotel, Singapore CONFERENCE CHAIRMAN Addressing the business perspective of multi-media products ROGER WHITEHEAD a/ul technologies with special emphasis on managerial ana Director, Office Futures Ltd, London technical aspects, this two-day conference will
      399 words
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  • THE LAW PAGE
    • Article, Illustration
      Learning the law
      1511 25  -  Law is one of the most popular choices among students. Walter Woon gives the whole truth about what many see as the promising career Walter Woon It's that time of the year again, when a young person's thoughts turn to what he's going to do for the
      1,511 words
    • Article
      Some lawyers refusing assigned cases in High Court because of date clashes
      565 25  -  AT the MB— By Conrad Raj SOME lawyers, it appears, are now refusing to take up assigned cases in the High Court because magistrates and district judges are not allowing them to change hearing dates for their cases
      565 words
    • Article
      Lock icon Controversy dogs book that separates the best from the rest
      698 25 NYT 1T INFLATES the egos and earnings of 11,000 lawyers in the US and leaves at least some of the remaining 789,000 legal noses severely out of joint. Last year, it briefly jeopardised the livelihoods of 150 of lowa's finest
      NYT  -  698 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      300 25 BUSINESS TJ^JA__E_ S TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 HHffIffHRSHSBRfffSSr NOTICE IS HEREBY GIVEN that, I ONG KHAY TAT of 534 Sembawang Road Singapore 2775, have applied for a Retail Beer Shop Licence in respect of premises at M/s Khristine Cleo Mini-Mart at Blk 925 Yishun Central 1 #01-213
      300 words
    • Advertisement
      Page 25 Advertisements Column 2
      236 25 NOTICE IS HEREBY GIVEN that, I TOH CHIEW TENG of Bk 802, Yishun Ring Road #03-4359 Singapore 2776, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Besteam Supermarket at Blk 250, Tampines St. 21 #01-514 Singapore 1852, and that this application will be heard
      236 words
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  • Article
    The art of pricing IPOs
    523 26 EDITORIAL WHEN IT becomes the norm thai initial public offerings (IPOs) are oversubscribed by hundreds of times, it is perhaps not surprising that the rate of oversubscription becomes something »kin to a virility symbol. The higher the rate, the louder the cheers. Even offerors have
    523 words
  • WHAT THE OTHERS SAY
    • Article
      Pakistan on egg shells
      185 26 PAKISTAN'S POLITICIANS and power-wielders are a difficult bunch. Mr Nawaz Sharifs dismissal as prime minister last Monday was inevitable after he had tried and failed to clip the powers of President Ghulam Ishaq Khan. In retrospect, he had not heeded the sacking of the previous prime
      185 words
    • Article
      Wanted: able and honest leaders
      114 26 PAKISTAN IS BACK to political turmoil that has, unfortunately, brought economic development to a mnMI The deepening of political animosity among important political leaders in Pakistan will continue in the near future. Hence the July general election is not a ready-made solution. Pakistan is still
      114 words
    • Article
      US move could help Asia-Pacific
      181 26 PRESIDENT BILL CLINTON, in his first round of tallr« with Japanese Prime Minister Kiichi Miyazawa last week in Washington, declared that the two countries need to establish a "new partnership". However, the nature of this "new partnership" obviously was not what the Japanese government had
      181 words
    • Article
      Will something actually be done?
      154 26 ITS BEEN a long time coming but it's almost here, and about time, too. We are referring to an exciting development in the field of public service. This is the announcement by Chief Secretary Ahmad Saiji Abdul Hamid over the weekend that the government is
      154 words
    • Article
      Political manipulation continues
      201 26 DEMOCRACY is once again in crisis in Pakistan with the dismissal of Prime Minister Nawaz Sharif and the dissolution of Parliament by President Ghulam Ishaq Khan. For the second time in less than three years, a democratically elected government has been dismissed, once again raising uncomfortable questions
      201 words
    • Article
      Excessive support may backfire
      219 26 IT IS LEGITIMATE for the "Friends of Anand" to lend moral support to Mr Anand and other individuals whom they regard as worthy of praise. But there must also be sincere concern over the apparently excessive publicity given to Mr Anand and the way he is
      219 words
  • Article, Illustration
    Lock icon Remember Greece and don't let them in just yet
    1012 26  -  As Eastern European countries impatiently bang on the EC door, Reginald Dale suggests they should be required to form their own free trade zone for a start Reginald Dale IHT THE European Commu- I nity's efforts to forge a I new
    IHT  -  1,012 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      287 26 developing the EXTERNAL W ECONOMY The MBA Alumni NUS and the School of Postgraduate Management Studies have broughttogetherkey business leaders to examine and focus on the issues, implications and opportunities for local businesses arising from Regionalisanon. CLOSING DATE FOR REGISTRATION IS MONDAY, 26TH APRIL 1993 0830-0900 Registration 1100-1130 Venture Capital
      287 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      48 26 E2E3SBaBSmiS3 le-T'S PUT IT iuis IT-S ej-mefc r &A s?assss!ii-aEL t ASSOCIATED MgW»»»CT» STO.. MM-'tW POOHESRURY GARRY TRUPEAU HOWLONG IPOfTTKNOU tiJHATf BUT wiinmrTtrrniH TOUGHfe WHS BBOKIOX BUT THANKS J) IHB/A6KO? T j££-- M/ 47? *weson wrveeor tomakz •pbsuhp nhMlf A S22S SSV <apy OOMRBTWON— THBRKAL W&GOmm* I 1
      48 words
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  • ANALYSIS
    • Article, Illustration
      Smooth journey now, or blocked tracks ahead?
      1528 27  -  As talks on Hongkong's future resume today, Hongkong Correspondent Catherine Ong reports on the cautious optimism surrounding the event and the contentious issues to be resolved. Stephen Vines traces how, over the years, Beijing has extracted concessions from London in increasing its control
      1,528 words
    • Article, Illustration
      China has everything to gam and little to lose
      818 27 SIR Robin McLaren, Britain's ambassador to Beijing, should be forgiven if he takes a deep sigh before sitting down to head the British team at the start of today's talks with China over Hongkong's political future. Almost exactly eleven years ago,
      818 words
    • Article, Illustration
      Lock icon An 'aye' for a capitalist Hongkong
      386 27 AFP THE MAJORITY of Beijing residents back a capitalist Hongkong and believe the handover of the British colony to China in 1997 will pass oIT smoothly. an opinion poll showed yesterday. Eighty per cent of respondents in the poll, published on the eve ol
      AFP  -  386 words
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  • Article
    Lock icon US to go ahead with partial trade sanctions against EC
    517 28 Reuter AP NYT AFP WASHINGTON The Clinton administration yesterday announced partial trade sanctions against the 12-nation European Community bccause of a failure to completely resolve a trade dispute involving government contracts. US Trade Representative Mickey Kantor said that the United
    Reuter; AP; NYT; AFP  -  517 words
  • Article
    Lock icon Economists see little chance of German rate cut yet
    313 28 Reuter FRANKFURT The Bundesbank yesterday made another small cut in a key money market rate, but experts reckon the central bank is unlikely to follow through with a cut in official interest rates this week. Economists said that, although the next
    Reuter  -  313 words
  • Article
    Lock icon White House sticks by suicide pact theory in Waco disaster
    420 28 Reuter NEW YORK The White House, dismissing survivors' denials of a suicide pact, said yesterday that all the evidence was still that followers of Waco cult leader David Koresh started the inferno which consumed their compound. President Bill Clinton's spokesman
    Reuter  -  420 words
  • Article, Illustration
    Lock icon Whale of a protest
    98 28 Reuter VIENNA A lone Greenpeace activist walking among other members of the environmental organisation disguised as whale-tails during a demonstration in front of the [Norwegian embassy on Tuesday. They were protesting against whale hunting. Meanwhile in Washington, President Bill Clinton yesterday announced that the US will
    Reuter  -  98 words
  • Article
    Lock icon Yeltsin gets court's backing on main voting rules
    473 28 Reuter MOSCOW Russia's Consti- tutional Court yesterday struck down voting rules set by the hardline Parliament for Sunday's referendum in a judgment that gave President Boris Yeltsin an unequivocal boost ahead of the nationwide vote. In an unanimous ruling, the 13 judges
    Reuter  -  473 words
  • Article
    Lock icon S African police believe Hani's death a conspiracy
    275 28 Reuter JOHANNESBURG South African police believe the assassination of black leader Chris Hani was part of a conspiracy with possible foreign links, a leading policeman said yesterday. Asked at a news conference if he believed Hani, shot dead by a lone white
    Reuter  -  275 words
  • Article, Illustration
    Sino-British talks will be tough, but a deal is possible
    729 28  -  The Bottom Line CATHERINE ONG CATHERINE ONG The writer is BT's Hongkong correspondent A THOUSAND years is a short time in politics. Despite condemning Hongkong Governor Chris Patten for a millenium and heaping a torrent of official abuse on him
    729 words
  • Article
    Hongkong legislators vote down motion to hold referendum on elections
    206 28  -  From Catherine Ong in HONGKONG HONGKONG legislators late last night voted down a motion urging the government to hold a referendum on the territory's future electoral arrangements. The motion moved by liberal legislator Szcto Wah, the vice-chairman of the United
    206 words
  • Article
    Lock icon Arabs, Palestinians to resume talks with Israel
    312 28 AP Reuter DAMASCUS Arabs and Palestinians yesterday agreed to resume talks with Israel on April 27, ending a four-month crisis over Israeli deportations which nearly destroyed the Middle East peace process. The decision was issued by the foreign ministers of Syria, Jordan, Lebanon
    AP; Reuter  -  312 words
  • Article
    Lock icon Hanoi's POW figures accurate: US envoy
    302 28 AFP AP WASHINGTON US envoy John Vcsscy said yesterday that Hanoi's figures on the number of US prisoners of war (POWs) at the end of the Vietnam War were legitimate. Retired General Vcsscy's endorsement of Hanoi's numbers followed questions raised by a document recently
    AFP; AP  -  302 words
  • Page 28 Advertisements
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  • Shipping Times
    • Article, Illustration
      Marine industry urged to set up central ship register
      478 29  -  Intertanko annual meeting Reports from Rahita Elias in HONGKONG THE shipping industry was urged yesterday to set up a central register to keep tabs on the condition of vessels playing the world's oceans. Such a register would help purge substandard vessels
      478 words
    • Article, Illustration
      Lock icon Third World needs financial, technical aid for large-scale ship-scrapping
      451 29 HONGKONG Third World countries need financial and technical help in developing large-scale ship-scrapping facilities, and such assistance should be extended by members of the shipping fraternity. Hiroyuki Sato of Mitsui OSK Lines expressed this view yesterday based on the findings of
      Source:  -  451 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      862 29 Page Col ABC Containerline 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 •Bait Orient Line 7 4/5 Bangladesh Shpg 18 3 Bank Line. The
      862 words
    • Article
      Lock icon Shipping top earner among Malaysian service industries
      231 29 Bernama KUALA LUMPUR Shipping companies reported the highest revenue of M 52.49 billion (551.57 billion) among selected service industries surveyed by the Statistics Department in 1990. This was followed the road haulage industries, which recorded Msli92 billion, while the third highest revenue earner
      Bernama  -  231 words
    • Article
      Lock icon Nedlloyd posts loss of 58m guilders, skipping dividend again
      333 29 Bloomberg Business News ROTTERDAM Dutch transport company Nedlloyd said weakness in its most important markets and pressure on container rates meant it slumped to a net loss in a 1992. Nedlloyd said it lost 58 million guilders (Sss2 million), after a
      Bloomberg Business News  -  333 words
    • Article
      Lock icon Absence of Langkawi sea life may be due to oil spill, say Malaysian scientists
      305 29 Bernama KUALA LUMPUR A team of scientists from Universiti Sains Malaysia (USM) is puzzled over the absence of benthos or sea organisms on Langkawi shores, and have not ruled out oil spill as the cause. The
      Bernama  -  305 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        456 30 Vend fey No Berth Arrival Departure fes««» fey Hi Berth fcrt»al Pepartee M/S 3*** 22 04/2300 UKi SP 8F SS §SS P Ke 1 n 22 04 1800 CaHeT" 2l!o4* P01A 21 04/1100 21 04/1900 «BI/B 006 C atongs* 22 04 800 CaH« 22 04/1100 22 04/1900
        456 words
      • Article
        CONTAINER SCHEDULES
        1680 30 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS H» Cwrtawn wtaMe Wp CwtdMH HJIMI Tanah *r 8W 20 04 93 0940 Htecus N003 25JBJ! It* rT; mm93 1005 An Adelade 61N COO(EST) *****3 l*» R,taowt «c Si, mmm 020 Bmantara 1 OSS/93 COO(EST) *****3 1500 »C »®J-» S SEftTw
        1,680 words
    • Article, Illustration
      Lock icon Ship shopping in Greece
      1070 31 A buying trend among Greek shipowners to replace ageing vessels is bringing new life to the country's maritime industry Fairplay GREEK shipowners are reaching out. They are reaching out to buy ships, reaching out to reenter the tanker market, and reaching out of their protected cabotage
      Fairplay  -  1,070 words
    • Article
      THE SHIPPING GUIDE
      12230 38 This is a list of ships loading at Ma: Singapore for ports around the Mil world. It tabulates, by destination. Eve the name of the ship, the shipping An< line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship
      12,230 words
    • Article
      SHIPPING AGENTS
      3434 43 A.W Contaiaerline NV: Bclsin Shpg fl Agcncies Pic Ltd (SVMarinc Handling Sdn Bhd (PK/PN). Accord (.roup: Accord Shpg Pie Lid (SV Accord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Ptc Lid (S) Ahrenkiel liner Service: Kim Shpg Trdg 4S>. Alba trot Sen-Air Service: Frala Shpg
      3,434 words
    • Article
      COURIER SERVICES
      263 43 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air Express ln»H Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation 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. City-link International Tel: 344-3377. Fax: 345-6450. Cluster link Supplies A Seniors
      263 words
    • Article
      AIR FORWARDERS
      1473 43 Abex Kvprrss Freight Td: 542-7171. Fax: *****84. Xctink Forwarder Td: 225-1833. Fax: *****42. \(litair Singapore Td. 542-7821 Fax: *****20. Aerolink Freight International Td: 545-8033 Fax *****05 Td's42-5911. Fax: *****18. Air af*o No»o Kxpress Td: 542-5454. Fax: *****06. Ak Kxpress International Td: 542-7666 Fax: *****74. *****50. Air Market Express
      1,473 words
    • Article
      PORT CONDITIONS
      2117 44 ALBANIA Durres: Two vessels in port of which 1 discharging bagged sugar, 1 discharging bulk wheat. ANGOLA Luanda: Port operating with low traffic levels, no waiting time for general cargo/container/Ro/Ro berths. Lobito: No uessels in port. Namibe: Port very quiet with low traffic levels. Cabinda: Town and Malongo
      2,117 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1431 44 SHIP SALES TANKER RATES The information has contributed by Simpson Spence Young AFP WITH the general European easter followed by the Greek easter holidays there has been a falling off in activity. However the market has continued to move in respect of handy bulkers although a lot of the recent
      The information has contributed by Simpson Spence & Young; AFP  -  1,431 words
    • Article
      AIR FREIGHT SCHEDULE
      553 44 ARRIVALS DEPARTURES Op Flight T>pe ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 1 BKK SI A SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB
      553 words
    • Article
      CRUISE & FERRY SCHEDULES
      239 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Nut of Vessel ETA ETD Ports of Calb fat Agwi Ttfcpfcot N* ML 22 23 Regent Spirit 2100 2000 Weekend Cniise Regency Comes 271-2911 23 23 Fantasy Work! 1000 1900 Sin-Port Klang Lauw Sons Travd 227-8284 25 25 Regent Spirit 1000 1500 Sin-Kul
      239 words
    • Article
      DAILY FREIGHTS
      465 45 TIGHT ship supply in the May freight markets for grains and minerals meant shipping rates extended their recent gains, dry cargo brokers said. The daily Baltic Freight Index rose three points to 1,499 on April 20. Enquiry and fixings to move grain to the former Soviet Union, following
      465 words
    • Article
      TRANSPORT DIARY
      486 45 COURSES Title: An 8-evening Course on J Import/Export and Shipping Procedures (SDF 50%) i Duration: April 22 Organiser Elim Mgt Services 1 Tel: 292-5670. Title: An 8-evening Workshop on Laytime Technicalities in Chartering Ship Duration: April 26 Organiser FACS World Pte Ltd Tel: 293-4571 or fax: 292-2875. Title:
      486 words
    • Article
      COCKETT BUNKER MARKET REPORT
      888 45 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements Cockett Bunker Price Index change and the individual changes
      888 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Three US airlines report smaller losses for first quarter
        494 48 Bloomberg Business News NEW YORK Three US airlines said on Tuesday firstquarter losses narrowed somewhat from those seen a year earlier, as the industry continues to add to losses totaling over US$lO billion (5516.2 billion) in the past three years. USAir
        Bloomberg Business News  -  494 words
      • Article
        Lock icon Nissan UK directors accused of £97m fraud
        208 48 AFP LONDON Three directors of Nissan UK, the former British importer for the Japanese car maker, cheated the Inland Revenue out of almost £97 million (*****.5 million) in a massive fraud that lasted 17 years, a central-London court heard on Tuesday. Prosecutor Peter
        AFP  -  208 words
      • Article
        Lock icon Japan car makers in US hit by rising yen
        489 48 Bloomberg Business News NEW YORK Lay-offs in the car industry are scarcely news these days. Except when the company Nissan Corp is Japanese and the plant is one of the band of "transplant" factories that have sprung up in the Midwest
        Bloomberg Business News  -  489 words
      • Article
        Lock icon Lawmakers slam govt effort to ban airfare change alert
        222 48 NYT WASHINGTON US congressmen were sharply critical on Tuesday of an effort by the Justice Department to prevent airlines from giving advance information about fare changes, which it considers price fixing. During a hearing to examine the department's anti-trust lawsuit against
        NYT  -  222 words
      • Article, Illustration
        Lock icon Old heroes never die, they just go on the road
        75 48 AFP MELBOURNE A rare 1936 Mercedes Benz 500R Roadster on show at Sotheby s in Melbourne on Tuesday. Ger^ military to smash through a Spanish church to release prisoners held captive there. Now restored, it is expected to letch over
        AFP  -  75 words
      • LOG BOOK
        • Article
          Lock icon Bangkok gets nod for second airport
          100 48 Reuter BANGKOK The Thai cabinet has approved a plan to build Bangkok's second airport at a cost of at least US$3.2 billion (555.2 billion), a government spokesman said yesterday. He said the state-owned Airport Authority of Thailand would carry out the initial work of
          Reuter  -  100 words
        • Article, Illustration
          Lock icon UK charity drive for disabled
          64 48 Reuter LONDON UK Prime Minister John Major sitting in a diabled driver van with children from the charity Motability outside 10 Downing Street. Mr Major on Monday presented four vehicles to disabled people and their families on behalf of Motability, a charity which aims to
          Reuter  -  64 words
        • Article
          Lock icon China shipping code from July 1
          70 48 Knight-Ridder HONGKONG The China Maritime Code of uniform rules and regulations, which will control mainland China shipping, is scheduled for introduction on July I, according to a report in Tuesday's South China Morning Post. The new maritime code is expected to bring about many
          Knight-Ridder  -  70 words
        • Article
          Lock icon Japan plane engine maker to cut jobs
          96 48 AFP TOKYO Japan's Ishikawajima-Harima Heavy Industries Co Ltd is to cut 500 jobs in its aircraft engine division, reflecting the recession and reduced military spending, a spokesman said yesterday. The cut, equivalent to over 10 per cent of the division's workforce, will be
          AFP  -  96 words
        • Article
          Lock icon Air Canada passenger traffic down
          111 48 Bloomberg Business News MONTREAL Air Canada said on Tuesday it flew 5.4 per cent fewer revenue passenger miles in March than in the year-earlier month. Canada's largest airline, which has been involved in a fare war over the past two years with Canadian Airlines International,
          Bloomberg Business News  -  111 words
        • Article
          Lock icon UK rail talks end unresolved
          104 48 Reuter LONDON Talks between Britain's largest rail workers' union and British Rail to avert more 24-hour strikes in protest against possible job cuts ended on Tuesday without a settjement. But Jimmy Knapp, the leader of the 64,000-member Rail, Maritime and Transport union who negotiated with
          Reuter  -  104 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1626 48 Ofc np (ta nm n» m EH 05. Srak 2065 >=M 0M6i 1345 C.7I4 M» US —07is ggg gjo f«» jg g?~ KL837 1445 SQ324 2345 CX7I3 1500 SQ662 1330 GA975 **55 SQ859 1725 GA950 1440 Ute. SQ347 1735 0F78 1820 QF77 1500 =C= 1505 CX715
        1,626 words
  • Page 29 Advertisements
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      3 29 WJSmS 143,111,9 Lubricant
      3 words
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      Page 29 Advertisements Column 2
      26 29 Urns and services represented by Members ol the Registry of Accredited Shipping Agents, Singapore \^9Sk/J National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      26 words
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      Page 29 Advertisements Column 3
      57 29 the jj& FAMOUS MWSMIBM ■iMlll.'l* 224 1133 For more information please refer to P«. 13 Ship shopping in Greece, Pg 3 Three US airlines report narrower losses in first quarter, Back Pg DOLLARS &SENSE You don't have to be an Einstein to get relatively good returns. Personal Finance Investment. Every
      57 words
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      404 30 TSKUNE AGENCES (S) PTE. LTD. MM X«S«K* ONE Fax; 2^72/3 <*• iB 1 Tlx: RS *****/TSKSIN. TOKYOSENPAKU KAISHA,LTD. **********0n rsib ar~fii —n —if ——m —»m m re rm mm w§ WWWWi Wi. _55 fii— ~'.v W,,,.—rrnn, inwnTr *SMB! m 20.04 2104 27.04 2104 04J5 0105 0105 OUS none WOW 108
      404 words
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      Page 30 Advertisements Column 2
      605 30 iiiiiii*il'fl'llfl'fl!lTlai 1 tS SffL'S. y.yiJS 1 JitaHLn 1?M T 1 TM Tl I 771 ""nTI Tl T ll»S»nS X 234 7 5 Its »5 1 I—— I■— I 1 —I I HIM I—j I I I 'gSTS"" ,7. 21 ul S" n\ 3.5 11l h—s-im 1 Tff 1 'ffH *STI
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      Page 31 Advertisements Column 1
      1556 31 ,mx i tb JtafMMF amPPIMQ AGENCIES TEL: 323 3313 FAX: *****42 DOCUMENTATION TEL: *****64 FAX: *****09 BOOKINGS TEL: *****80/*****81/*****82 CFS (PSA F5) TEL: *****21/*****79 JAROINE SHIPPING AGENCIES SON. BHD PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 Dedicated to QualitV Service PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 UOUUxJIOVJ iu uuamy
      1,556 words
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      Page 31 Advertisements Column 2
      1257 31 NEXT SAILING TO CARIBBEAN/MEXICO/CENTRAL AND SOUTH AMERICA MARCHEN MAERSK V.9304 ETA SIN 27TH APRIL 1993 w-HT- voy ETA £TO Feed* by I DESTINATIONS ETA I Th» Mt* MARCHEN MAERSK V 9304 HH I CFS~- «So« 0 234» M UJis JOH IPK PEN OAK LGB HOU MEM ATL MIA CHS BAL
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      1318 32 AQABA R DAM/ LE ALSO ACCEPTING FROM VESSEL VOV NO SPORE JEDOAH (VIA jJED)_ STON H BURG A WERP HAVRE MALAYSIA TOKIO EXPRESS 10/115 22/4 *1 Porl Kdang. Penang DANUBE orniT 24/4 3/5 9/5_ 12/5 _j5/5_ _J7/5 19/5_ Pasir Gudang KAMAKURA 29/4 _J5/5 w/5 *£5 EAST MALAYSIA 1 fi/1 19/s
      1,318 words
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      Page 32 Advertisements Column 2
      670 32 FCL Breakbulk Service to: 11 AFGHANISTAN MAM Afghanistan Ltd. E7 Sole Foreign Forwarder in Kabul for all services PJ C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, I m Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata Ml North Korea a Vietnam a Mongolia a Hungary "J ocTo>Trans AGENOES(FAR lb NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A I M
      670 words
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      Page 32 Advertisements Column 3
      1362 32 REGULAR INDEPENDENT FULL CONTAINER SERVICE I •ASIA MUBARAK 9314 3 22/04 14/05 15/05 16/05 17/05 19/05 20/05 21/05 22/05 23/05 I MASIA AL-MANSOORAH 9315-3 29/04 20/05 21/05 22/05 23/05 25/05 24/05 26/05 27/05 26/05 I JRASIA PRWCESS 9316-3 04/05 27/05 26/05 29/05 30/05 01/06 02/06 02/06 03/06 04/06 I MASIA
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      1845 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Read #11-01 Kcppd Towers Singapore 0200 Tel: *****00 Fax: *****17 MMMIIMMMfIMMUIIIIM WLA Uttl UtMKA PACIFIC WT fln i (A ocnvico or china navigation co> ACCEPTS nV CARGO OIK SMS 1 r > STRAITS mx Wilt Muara. Lab 21 22 Dpi 23 Apr 23
      1,845 words
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      Page 33 Advertisements Column 2
      1757 33 m SINGAPORE AGENT: P&O Containers WT T-; 225 2233 Ta(cx qg PNOCSP Fax: 225 5327/222 7517 CR Numtof: **********0Z i i i ■> "7. EXPORT MU amy BttT MM mm VOY ANT MOT NAM MM UN AM MO ft— *i ST WMa WO* "J* J" 11/05 12/05 ***** LAPS MAERSK
      1,757 words
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      751 34 rages PEBOI ma imam 11 <a./wr nti store sii mi i M& I MHO MM MS 25/4 24/4 10/5 13/5 II MX) lEMASEK 54S »/< 38/4 17/5 28/5 14/5 27/5 IB wom>m»« «/iJz5/5 la/5 I- L=— II SOUTH-NEST PORTS m/WT I fM. ffg Flu I AKL I Hit I WO
      751 words
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      Page 34 Advertisements Column 2
      1418 34 HANJIN SHIPPIWG~|| FIB VSI SM LM HAUL »R» [DRYSI 0 37 l 27/5 28/5 5/5 MMN MASAN 07K 22/4 DBECT 13/5 MRNJ MOM lIgE iSTS 3/6 4/6 6/6 I SSL I E 1Z Sssfii-s, si isstr is &i I istssssss im Sc! i!!<»/« li i! 51" I SSSS2SS.T* ,m s
      1,418 words
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      Page 34 Advertisements Column 3
      1372 34 K UC W U W Ml 09 KT H TTO UU CM ML WC UM MM MM lIP I (OtMOK AM 23/4 24/4 21/4 M/ 4 V 5 4/S 4/5 7/5 1/5 U/5 21/5 2/1 4/4 5/4 15/4 M/l 17/4 IV4 U/4 21/4 J/J W7 M/ 7 LOOK *455 27/4
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      501 35 BRIDGE' 28W ETA SGP 24/04/9311 I II ttlVOI» II ETA RDM 10/06/93, FLX 11/06/93, U I II II BRE 13/06/93, LEH 16/06/93 H I C. MERCI'RV WE NYK SIIMR'SE 19K N DIAMOND 13E O.VUS OJOS iVOfi 2MB /7*V> jJW« 04AM5 I MUj LEH l 24AS 'FnTife-ffiT' i" I 1 ffWOW
      501 words
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      Page 35 Advertisements Column 2
      353 35 ©HEUNG-A SHIPPING I Korean Flag Vessels tesSSßSSfiif STRAITS/KOREA SERVICE na M MW M K MM CHOTMB MMM 22/00 »/90 JVK J4/« t. ouiasawr 3i7M 20/00 v/u nm urn n/n urn •M). OOMW 304H M/tS W* M/W CHOTMB UNO Will JJ/« •M. 7 DOMM 3MN M/W O/M lIHIMD JIM H/H 10/15
      353 words
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      Page 35 Advertisements Column 3
      136 35 CENTENARY SHIPPING SERVICE I;I>EEWLfIrott'OOWTAIWER PWECTSERVICe/| SmOAPORE/HO CHI MIHH OTY How pranking Container Trucking toVungtau, 1 from Ho Chi Mlnh CKy _J Vtim IIIAMI voy.non eta/ps-poni ETA/PHCTicmr TANAM AM OON/S 27 27 MO 30-30 AM 93 TAN AM AM I7H/I 04-04 MAY 07-07 MAY 03 TANAM AM OON/S 11-11 MAY 14-14
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      Page 35 Advertisements Column 4
      860 35 m sinsov SINGAPORE SOVIET SHAPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ft ODESSA: *****51/*****31 ENQWRIES: *****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 —DISCHARQNG reSTBOUND-LOWMC
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      1212 36 K- ASAQ6NTS: FAX: *****0 I fV LINE MALAYS,A: POU 5,8625/6 I Indonesia: p.t. sarana laut internusa, tel: jkt 5707,76.*****77.*****08 SOUTH-WEST 1 ~T~Z (nc >i r MOtWR «SSI Wl U IB OM !«T ftHO WML »0T l«» [55 riinu wsai not •w/nii [s» moho *«i w* macmnac b* 64 29 J
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      Page 36 Advertisements Column 2
      954 36 PHI LI on If NT UN€S PTi LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex. RS ***** Fax: *****76/*****38 AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 28 APR SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 1 MAY AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH 28 APR SUVA. NOUMEA. PAPEETA. APIA. LAUTOKIA.
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      829 37 /saBSfMB PACIFIC INTERNATIONAL LINES (PTE) LTD I 'g 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I SSSSSStS CR NO **********0E I I VESSEL VOV SIN HKG SIN CM® JW MO *5), I I KOTA WUAYA WJAO23 26/4 3J/4 S/S 10/5 «/5 15/5 I I KOTA BINQA SQAO2S ll'*
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      Page 37 Advertisements Column 2
      1330 37 EXPRESS CONTAINER SERVICE TO UK-NORTH ffIhTTINENT-SCANDINAVIA WEEKLY P P GUDANG PENANG P KELANG OCEAN VSI/VQY SIN SOU (1) R 2 > HAM <3) GOT (4> E "I6M 16/4 1774 ALSIA 3142 22/4 8/5 10/5 11/5 13/5 2374 2375 24/4 BEN AVON 3152 28/4 IS/5 17/5 18/5 20/5 n 10/4 3074
      1,330 words
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      Page 37 Advertisements Column 3
      302 37 °BSA° TRANSPORTATION M MYANMA PHk FIVE STAR UNE (Myanmar National Line) Loading for Yanjon (Rangoon) Spore P.KIf Pen P.Gdf PAGAN VIWN 24/27 Apr MPA-AH VI9OW 3/0b May MAWIAMYMG VbOW 5/07 May HALATSU AGENTS: MUStEAO SfffM ACENCfS HI TU 03-*****00 PRL: IQ 03 3tt»7t7 PDI: TU M-tI«I3S PCD: IH 07 *****1
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      52 39 1/C VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 OCEANIA PORTS REGULAR GROUPAGE lcl consolidation AUCKLAND SYDNEY IMPORT EXPORT fREHANTIE SERVICES W FOR BOOKING SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800 *****66 TOLL-FREE TEL: 1800-*****34 FAX:*****86
      52 words
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      1785 40 Full Container f||ipM Services Malaysia's Agents: Indonesia s Agents. n pie Ltd e—~ rin.xr S/»™ 2 JX?%2£ ml soo SJSe ChSnber of Commerce "07 05/07 Selangor Darul Ehsan Jalan Raja Chulan. ***** K.L. Tel: (21) 36 1637 ,36 1764 c m!o Asn7 SmMDoreXlT W: 367 2855/ 368 7961 Tel: 03
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      705 41 ijSg FAMOUS CONTAINER LINES 11 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 IP! HOT LINE: *****33 (24 LINES) I Ij GOTHENBURG/SCAN 26/04 ROTTERDAM 26/04 I I AARHUS/COPENHAGEN 26/04 HAMBURG/BREMEN 26/04 If MARSEILLE/FRANCE 29/04 FELIXSTOWE/UK 24/04 If" BARCELONA/SPAIN 24/04 lEHAVRE/FRANCE 26/04 I I GENOA/ITALY 24/04 ANTWERP/BELGIUM 25/04 If LOS
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      Page 41 Advertisements Column 2
      625 41 r-m RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 LinM) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) 3t\ ETHIOPIAN SHIPPING LINES I (National Lines of Ethiopia) I ACCEPTING FCL AND CONVENTIONAL I vessel voy eta I loading fcw I SPOW6 I ANCXNE T JOWB 23/04 DARESSALAAM MOMBASA DJIBOUTI
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      Page 41 Advertisements Column 3
      647 41 JAKARTA B^H GKOK m l RAiTbHUM 74S 23/4 27/4 WUNM 72N Eft 23/4 'Mw 25/4 ntllM mi 27S 24/4 2*74 NANTA BHUM 13WH Sat 24/4 fh4 25/4 mam SEHTOSA 32N Sj> 24/4 Tat 27/4 52 \H ULA BHUM M S 575 »T «/4 I «AIA BHUM 7M 30/4 4/5 CHAITA
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      Page 41 Advertisements Column 4
      315 41 BAY OF BENGAL SERVICES fusa wi m MM I nai Mtoi «5i iaM is/5 «5705 I TKOMDa 2S3H 20-27/04 OM4/0I 10-11/05 I m SIM MM 20-29/04 IMJ/05 I owoowvbh am §MV» omi/OS www I vraa wr» ct LMOTX 43J 2MO/5 02-05/05 11-12/45 I MUK SMCM 20-31/04 WW 15-14/05 I TKD
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      988 42 container lines =ISS/\HjAg«ntr. MAC-NELS SPORE: *****22 (20 LINES) r/o Ma* **********0E 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 DEPARTORE EVERY:(TUES/THORS/SAT) FOR ROOKING, PLS CALL *****22 XIU-HUA. JAMES, WEE BIN. JO lMi
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      Page 42 Advertisements Column 2
      231 42 BLUE STAR LlNE||| SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SVI FGUARD BAY 2S 29/4 13/5 15/5 l/« PROSPECT 24S 12/5 25/5 27/5 12/6 N Z STAR 7S 25/5 6/8 1/6 25/6 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH,
      231 words
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      Page 42 Advertisements Column 3
      968 42 THONG SOON UNES PTE. LTD. Mi 77 ROBINSON ROAO #15-00, #ISOO SM BUILDING SMGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 WEB* TLX: RS ***** CAftRER, RS ***** JENHOL CABLE: TOSOCO CONVENTION AL/CONTAINCR BOOKING UNfc *****6* aWQAPOM TO SARAWAK VESSEL IVOY IS'PBRE lIST VESSEL WY STBRE ICST EQUATOR 111 86/3E
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      73 45 The BecutNe Hoosetecper -this Mel 1 I n I I wants is me. Bob 331 never rvglec-fe L I -the J I ANY JOB. ANY CAREER. I AVAILABLE ANY DAY. any Time, anywhere. 1 \J I 1 I 11 \y The Straits Times The Sunday Times Business Times The new
      73 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      854 45 TODAY'S TIDES (height in metres) HOUt 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 IMO 1900 2000 2100 2200 2300 It 2» 25 2.0 1.4 0.9 0.6 0.5 0.6 0.9 1.5 2.1 2.5 23 2.5 2.1 1.6 1.1 03 0.7
      854 words
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      530 46 ■mug; Ewood line SOUTHERN AFRICA SERVICE SPORE PL DOR CT •VKTORIA ***** 30/4 22/5 29/5 7/6 •ALSO CALLS LL MO PI. j&sssags&ffJis.c.. jjfjfc, secil MARITIMA, U.E.E. Luanda, Angola. FAR EAST/ ANGOLA SERVICE SPORE LOAONG FOR: A VESSEL SM 932 30/4 NAMDC. LOHTO, LUANDA •ACCEPTM6 CONTAINERS SOC A COC •ALSO CALLS
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      228 46 EES FREIGHT SERVICES PTE LTDI 1 #01-60 Wallich Building, Singapore 0207 ■W ZM IKI Tel: *****66 (10 Unas) Fax: *****69/*****44 AIRPORT OFFICE: *****11 *****13 (FAX) IMPORTING FROM USA I IwVmHMVmVSIV* Wi*"! Sl\ M' 1! *T I ENQUIRIES: I CONTAINER LINE, LTD. J CHtCAOO NEW YORK LOS ANOELES SAN FRANCISCO ATLAWTA^TOLEDO^BQSTOW^PHILADCLPHt^^4IAM^^ALiA^^€TRO^^
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      631 46 CROSS WATER P KM OfFCfc 2»1 SMNGOOi V. #OMO SEMMOOM UK S(0«21) [j mat fi. #oi-os. com mm noon statu* ra.: *****15 K WEEKLY LCL CONSOLIDATION BANGKOK U8519.00/W/M ALL IN I BUSAN U5529.00/W/M ALL IN I I FREMANTLE USSSS.OO/W/M ALL IN HAMBURG U5555.00/W/M ALL IN I KEELUNG U5525.00/W/M ALL IN
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      Page 46 Advertisements Column 4
      296 46 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fax: *****73 Telex: ***** WGATE NEXT VESSEL CONSOLIDATION TO BOM/KAR/MAD —26/4 KEELUNG —28/4 COLOMBO 25/4 MONO KONG 26/4 PORT LOUIS 23/4 KAOHSIUNG 24/4 CHITTAGONG 28/4 PENANG 24/4 BANGKOK 28/4 PORT KELANG 26/4 GENOA 24/4 JAKARTA 26/4 BANGLADESH SHIPPING CORPN. REGULAR SERVICE TO/FROM CHITTAGONG
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  • Page 47 Advertisements
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      778 47 HYUNDAI II MERCHAHTMARINECO^D^r WESTBOUND TO EUROPE I VESSELS <0V PNA PKE PGP VESSELS VQY SI RTM ANT* IBT HAM BRE| fEL_ I HMM ADVANCE 14A 20/04 21/04 22/04 H. INNOVATOR 303* 25/04 14/05 14/05 15/05 11/05 16/05 18/05 I MM ADVANCE 15A 27/04 2S/04 29/04 SI MARHR 304* 02/05 21/05
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      Page 47 Advertisements Column 2
      526 47 STRAITS/ JAPAN/ STRAITS SERVICE I H SPECIALIST M RO-RO t HEAVY LIFTS I WBOUND VESSELS I F kssi my n uc u 111 ■mi ami ISI m n/« n/« I i MM MY I SMUI 21/4 11 I p RAM AIM II M/« 11 I[M Mi KfM 1)S M/« MN/I
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      Page 47 Advertisements Column 3
      928 47 rv/l 1 OUR USA —p —pr~[="£= i,T» L I"* F I®* I™ I"" I"* SERVICE CALLS mimic* mi i«2M an>M i»n it n inn i»/« nt> nm ?i/» SINGAPORE lIWI M iTiT ZSSmmu >iuti n/» */is ins a/is v>*> a/» DIRECT EVERY I auttioi wcion iwu uim» »m urn urn
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