The Business Times, 5 May 1993

Total Pages: 46
1 46 The Business Times
  • 14 1 SINGAPORE Business Times WE KNOW ASIA MITA (P) 552/12/92 Wednesday May 5 1993 75«
    14 words
  • 2am LATEST
    • 88 1 Reuter DRESDEN Talks aimed at ending a controversial strike in eastern Germany deteriorated only hours after they began when the powerful IG Mctall union threatened to break ofT negotiations with employers. Hasso Ducvel, head of the union's negotiators, said the talks could not possibly
      Reuter  -  88 words
    • 42 1 AFP WASHINGTON A USS2B billion tax break for business that was a key element of US President Bill Clinton's economic plan probably will be killed by a House committee. White House budget director Leon Panetta said. AFP
      AFP  -  42 words
  • Article, Illustration
    117 1 Stock market indices Tortday Change STII 1.776.64 -14.26 KLSE Composite 706.08 -11.29 Nikkei dosed Hang Seng 6.82 7.29 +37.18 SET Index 828.10 -17.19 Jakarta Composite ...313.91 +0.22 CLSA China B 1.2 79.70 3.32 Ausl All Ord 1.664 3 -0.2 FTSE 100 2.812.6 0 5 T iK-sda) Previous I
    117 words
  • 177 1 AFP WASHINGTON In its worst decline since the middle of the recession two years ago, the US government's main forecasting gauge fell by one per cent in March, said the Commerce Department yesterday. The drop in the index of leading indicators
    AFP  -  177 words
  • 655 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Perbadanan Nasional Bhd (Pernas), the state-owned investment group, is set to be privatised in a complex deal valued at about MsBoo million (SSSO4 million). The proposed deal will feature the injection of the company's
    655 words
  • 391 1 Reuter SAN FRANCISCO US clothing giant Levi Strauss Co said on Monday it will not make direct investments in China and will rcducc its use of contractors there because of the country's human-rights record. Bob Dunn, Levi Strauss' vice-president of
    Reuter  -  391 words
  • 308 1 AFP BEIJING The health of Chinese Premier Li Peng, officially suffering from "a bad cold" for the past nine days, remains clouded in secrecy. The government information service yesterday refused to answer questions from members of the foreign press on the
    AFP  -  308 words
  • 217 1  -  By S N Vasuki SINGAPORE Citibank is spending close to US$l million (SSI.6 million) to bring Margaret Thatcher, George Bush and Dick Cheney to Asia over the next few months as part of its 1993 Leadership Series. While the
    217 words
  • 431 1 Reuter BANGKOK Prime Minister Chuan Leekpai's sevenmonth coalition faces its most serious split arising from its crackdown on share manipulation. Members of the New Aspiration Party (NAP), headed by former army chief Chavalit Yongchaiyudh, have retaliated against what they allege is an attempt by
    Reuter  -  431 words
  • 246 1  -  By Sylvia Wong SINGAPORE Former UIC chief executive Leong Chce Whye, 46, died yesterday morning after a long battle with leukaemia. Mr Leong, the serving chairman of the Singapore Tourist Promotion Board and a former Nominated MP, succumbed to the
    246 words
  • Page 1 Advertisements
    • 108 1 fH\ h^^Hi Centrepoint #01-30, Tel: 737 4509 Paragon By Sogo #01-19 Tel: 734 9935 German union, employers hold strike talks, Pr 6 CONTENTS Re&onal News 3,4,5 financial 12,13 florid News 6,8 Features Markets Analyse' 25 Oob/WSI. SES 17.18 [Atonal 24 Regional 15 Sports 19 World 16 TV/lifestyle 21 Currencies 13
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    • 7 1 Regional Analysis Taming the chaebols t*g 23
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    • 10 1 Hack Lock Siew Keeping KLSE bloodbath at bay Pg 9
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    • 166 1 The Bottom Line r.-V', rn Flying the H'pore flag inChinoj Hfrk Pg Land acquisition at Holland-Farrer roads: Ministry replies, Pg 2 Open a branch office A.^athome. 0 06 01 15:41 oes *****00 CDM POl T <> Mr Chan Urgent Prom: Your Hardworking Secretary wmfcW' y How was New Zealand? The
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    • 17 1 ollpfcfcp IVA t V r IZ 3 Savona $99 A man of vision and humility, Pg 2
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 324 2  -  By Hong Lee Tiam VISITOR arrivals rose by 14.4 per eent to 548,000 in March. This brought the firstquarter tourist tally to 1.55 million, a 5.6 per cent rise over the same period last year. The March rate of increase was the first doubledigit growth
        Source: STPB  -  324 words
    • 522 2  -  LETTER TO THE EDITOR Sulosana Karthigesu (Miss) Assistant Director (Public Affairs) for Permanent Secretary (National Development) YESTERDAY'S article "S'pore govt to acquire prime land at Holland-Farrer Rds" by Lee Han Shih and Sylvia Wong contains several inaccuracies and is unnecessarily alarmist and speculative. Because
      522 words
    • 352 2  -  Hong How Land says roadworks will in fact be good for project By A J Leow THE government's acquisition of private land for roadworks at the junction of Holland and Farrer roads will not adversely affect nearby properties, a developer told clients yesterday. Hong
      Source: Hong How  -  352 words
    • 377 2  -  From Kooi Cho Teng in HANOI SINGAPORE-based textile group Viet Sin International Pte Ltd has secured a 1,000hectare site near Hanoi and hopes to rope in Singaporeans to help develop it. Lam Ton. the company's managing director, said yesterday that a memorandum
      377 words
    • 145 2 A TEAM of government officials from Huangshi city, Hubei province will visit Singapore later this month to market 40 joint venture projects in the Yangtze's "Treasure Bowl". The eight-member team, led by Hu Yunzhao, Deputy Mayor of Huangshi City, will give details of their proposals
      145 words
    • 273 2 THE Singapore economy is likely to have maintained its 1992 final-quarter GDP growth rate of 7.4 per cent in the first quarter of this year, says the Political Economic Risk Consultancy (Perc). The first-quarter forecast by the Hongkong-based risk analysis firm is
      273 words
    • 377 2 Obituary SINGAPORE Tourist Promotion Board chairman Leong Chee Whye. who died yesterday morning of leukaemia, is remembered by his friends and colleagues for his humility. Scotts Holdings chairman A R Jumabhoy, who had known Mr Leong for more than 20 years,
      377 words
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    • 25 2 BT welcomes letters from you. Please send them to: The Editor, Business Times, 390 kim Seng Rd. S'pore 0923. Letters should include your contact numbers.
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  • THE REGION
    • 510 3  -  26th annual meeting of the Asian Development Bank Alln n i. a Quak Hiang Whai in MANILA THE development strategies used by the first wave of successful newly industrialised countries can be replicated in other Asian countries but they must
      510 words
    • 332 3 THE Asian Development Bank will raise about US$l4 billion (5522.5 billion) in the international financial markets in the next four years. ADB president Kimimasa Tarumizu, presenting his annual statement to the board of governors at the bank's 26th annual meeting yesterday, called
      332 words
    • 109 3 THE Asian Development Bank is setting up a top-level task force to investigate the rising number of project failures. Gunther Schulz. ADB vicepresident for finance, said the high-powered task force headed by him will carry out an exhaustive and detailed look at the design and implementation
      109 words
    • 71 3 NOT everyone wants money from the ADB. apparently. A few hundred Filipinos demonstrated outside the ADB headquarters yesterday as delegates were leaving after a plenary session. The vocal but peaceful group, led by the Philippine Environmental Action Network, was opposed to the Pagbilao Coal-Fired Thermal Plant project in
      71 words
    • 43 3 TUVALU, a nation of nine small islands in the south-west Pacific with a population of only 9,000, has been admitted as the 53rd member of the ADB. Of its 53 members, 37 are from Asia and 16 from outside the region.
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    • 47 3 SINGAPORE'S smallish representation at the ADB meeting includes some bankers, among them representatives from Tat Lee Bank, DBS Bank, Arab Banking Corporation, Moscow Narodny Bank and Templeton Investment Management (Singapore). "Im here to catch up with some old friends," says a Tat Lee Bank official.
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    • 460 3  -  From Alan Boyd in BANGKOK JAPANESE executives have forecast increased investment in Thailand following the appreciation of the yen, with many smaller businesses forced to relocate offshore. And a survey by the Japanese Chamber of Commerce in Thailand has found that nearly half
      460 words
    • 336 3  -  By Chuang Peck Ming SINGAPORE Any notion that the rising yen will benefit Asian economies as happened in the second half of the 1980s is wishful thinking, says American securities firm Merrill Lynch. Rather, the stronger yen could spell bad
      336 words
    • 370 4  -  By Chuang Peck Ming SINGAPORE China's economy, although still expanding at breakneck pace, could be headed for a hard landing within two years, says US investment house Merrill Lynch. "Although a repetition of the 1988-89 crisis might just be avoided in
      Source: Merril Lynch  -  370 words
    • 316 4 Reuter TAIPEI China will seek negotiations on reunification with Taiwan by initiating a series of meetings between officials from increasingly high levels, a local newspaper said yesterday. China wanted the meetings to culminate in talks between Taiwan's president and Chinese President Jiang Zemin
      Reuter  -  316 words
    • 319 4 SINGAPORE One of the world's largest oil reserves has been discovered in China's Tarim basin in the Central Asian Xinjiang region, which could turn it into the Persian Gulf of the 21st century, a Hongkong magazine has reported. Singapore's
      319 words
    • 159 4 AP BEIJING A survey released yesterday showed that most Chinese workers believe democracy aids economic development, but many also oppose the government's economic reforms. The survey, conducted last year by the state-run labour federation, found widespread concern about the government policy of transforming the
      AP  -  159 words
    • 400 4 AFP SEOUL South Korean Deputy Prime Minister Han Wang Sang yesterday said economic sanctions against Pyongyang would be "inevitable" if North Korea did not return to the Nuclear Non-Proliferation Treaty (NPT). "If North Korea does not return to NPT by the time the
      AFP  -  400 words
    • ASIA NOTES
      • 88 4 UPI SEOUL South Korean merchandise exports are recovering at a steadv pace giving rise to prospects that the 1993 annual goal ot US$B3 billion (*****.6 billion), an increase of 8.3 per cent over last year, will be attained, government dfficials said yesterday. The most encouraging factor
        UPI  -  88 words
      • 77 4 Reuter TOKYO North Korea has flatly denied rumours of tension in its relations with China, calling reports of a shooting incident on their border groundless fabrication. A Foreign Ministry spokesman was quoted as saying on Monday that some Western media had spread rumours
        Reuter  -  77 words
      • 45 4 Reuter SHIMABARA. Japan A mud slide on the slope of the Mount Unzen volcano destroyed houses in this town on the southern island of Kyushu on Monday. The slide, sparked by torrential rains, threatens to wash away about 1.200 households. Reuter
        Reuter  -  45 words
      • 75 4 AFP HANOI Singapore's Senior Minister of State for Trade and Industry. Lim Boon Heng. arrived yesterday in Vietnam, where Singapore companies are rapidly emerging as major investors in addition to leading traders. He was to attend the launch today of the Vietnam-Singapore Commission for Cooperation
        AFP  -  75 words
    • 465 5 Reuter SAN FRANCISCO Japan will have to do its part to make sure the current international trading system works if it wants US support for that system, a US government trade official said on Monday. Briefing journalists on
      Reuter  -  465 words
    • 340 5 Bloomberg Business News CANBERRA A surge in imports in March sent Australia's seasonally adjusted current account deficit soaring above As 2 billion (552.3 billion) for the first time in three years and sent bond prices and the Australian dollar sharply lower. The As2.l
      Bloomberg Business News  -  340 words
    • 256 5 Bloomberg Business News WELLINGTON New Zealand's current account deficit in the December quarter narrowed to NZ$B79 million (***** million) from a revised NZ$l.l billion in the September period, on improvement in non-trade items, the government reported yesterday. However, the deficit in the
      Bloomberg Business News  -  256 words
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    • 247 4 If You Appreciate The Highest Quality, Comfort And Efficiency, Please Read On. Lane Crawford Place is situated in the heart of bustling Singapore, just outside the Restricted Zone, at the junction of Orchard, Scotts and Paterson Roads. Consisting of a sixteen-storey office tower and five-storey retail podium, which includes two
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  • THE WORLD
    • 274 6 AFP MOSCOW Russian President Boris Yeltsin and Prime Minister Viktor Chernomyrdin yesterday warned that police forces would decisively rebuff any attempt by communist supporters to stage riots. In a joint statement released by the Kremlin, Mr Yeltsin and Mr Chernomyrdin stated their "firm intention
      AFP  -  274 words
    • 107 6 Reuter NEVERS, France The remains of former French prime minister Pierre Beregovoy were returned to his home town where hundreds of local people took part in an all-night vigil ahead of yesterday's grand funeral. The medieval streets of Nevers in central France were packed as a
      Reuter  -  107 words
    • 174 6 Reuter DRESDEN. Germany Union and management officials yesterday tried to end eastern Germany's first strike in 60 years, but neither side predicted a quick settlement as the walkouts over pay spread to Baltic shipyards. It was the first formal meeting in four weeks. The
      Reuter  -  174 words
    • 223 6 AFP FRANKFURT The central council of the Bundesbank is unlikely to cut its key interest rates when it meets tomorrow, economists here said yesterday, but leading forecasting institutes urged the bank to cut money market rates by two points this year. Against a background of
      AFP  -  223 words
    • WORLD WATCH
      • 91 6 Reuter BRUSSELS The European Community and US farm chiefs failed to bridge their disagreement on the exact meaning of draft Gatt clauses on market access for farm produce in one and a half hours of talks. "We still believe our interpretation is the right
        Reuter  -  91 words
      • 94 6 Reuter LONDON Over 40 per cent of British workers are worried they could be out of a job within the next 12 months, a Mori survey published in the Financial Times on Monday said. The poll showed 20 per cent of workers were
        Reuter  -  94 words
      • 99 6 Reuter ROME One of the three ex-communists in the new Italian government yesterday confirmed in a state television interview he was quitting and that the other two would follow suit, dashing Prime Minister Carlo Azeglio Ciampi's hopes the three could change their mind. Universities and Research
        Reuter  -  99 words
      • 63 6 Knight-Ridder TORONTO The Bank of Canada said that lower interest rates and employment gains since late 1992 should help restore consumer confidence and overcome weakness in domestic demand. An article in the spring edition of the Bank of Canada Review says that demand should
        Knight-Ridder  -  63 words
    • 362 8 AFP BONN Germany's leading economic institutes have predicted a 1.5 per cent drop in the country's gross domestic product this year, with no signs of recovery from recession emerging until late December at the earliest. Projections by the institutes foresaw a 2
      AFP  -  362 words
    • 220 8 FT BRUSSELS The European Commission is concerned that the EC-wide plan to support the ailing West European steel industry could be derailed by member states' attempts to subsidise their national producers. EC industry ministers met here yesterday to discuss the progress
      FT  -  220 words
    • 190 8 Reuter WASHINGTON Palestin-ian-lsraeli talks are showing a new seriousness and Arabs were to decide yesterday whether to extend Middle East peace negotiations into next week. Syria, Jordan and Lebanon see little, if any, progress in their talks with Israel, but Arab diplomats said they
      Reuter  -  190 words
    • 270 8 Reuter LONDON The pace of recovery among Britain's manufacturers is quickening, according to a widely-watched gauge of industrial activity. Britain's purchasing managers index (PMI), a window on how industry is performing, jumped in April to 55.8 per cent, from 53.9 per cent in March,
      Reuter  -  270 words
    • 390 8 Reuter BRADFORD, England British textile exporters are hoping for a US-led recovery to winch them out of the longest recession in this country since the *****. The first shoots of revival are showing here, but deepening economic problems in Japan and Germany
      Reuter  -  390 words
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  • COMPANIES & MARKETS
    • 492 9  -  By Sylvia Wong SINGAPORE Marco Polo Developments Ltd expects a pre-tax profit of $50 million to $75 million from its Jurong condominium project once that is fully sold a level which has taken some analysts by surprise. Its project director,
      492 words
    • 269 9  -  By Genevieve Cua SINGAPORE Ipco International's initial public offering (IPO) was 63 times subscribed when it closed yesterday, with strong interest shown by small investors. Ipco president and managing director Charles Hardeman said: "I'm particularly happy at the level of investment by the man-in-the-street.
      Photo by Arthur Lee  -  269 words
    • 440 9  -  By Teh Hooi Ling SINGAPORE More than half of the 47,735 applicants of Compact Metal's shares, who sent in total subscription monies of close to 1 billion, will be turned away. Only one in 10 investors who applied for one lot will be
      440 words
    • 768 9  -  By Agnes Chen SINGAPORE Some analysts and fund managers believe no blood will be spilt in Malaysia's current bull run. The Malaysian corporate scene, they say, is going through some fundamental changes mostly positive ones. While many tales of money-spinning corporate developments
      768 words
    • 420 9  -  By Lee Han Shih SINGAPORE The leases of nearly 40 per cent of all the commercial space managed or owned by DBS Land will come up for renewal this year. This was disclosed by the property company in its 1992
      420 words
    • 117 9 SINGAPORE Listed Steamers Maritime Holdings, a member of the Keppel group, yesterday switched captains. According to a statement issued yesterday, Cyril Neville Watson was yesterday appointed Steamers executive chairman. He replaces Lim Chee Onn, who stepped down to focus on his post as managing director
      117 words
    • Article, Illustration
      365 9 Source: Bridge Info Performance of STII's index stocks May 4 last Sfm ladrx Stork sale Chge factor t nosers (S) <V) S Asimo 2 310 1 82 CAT 7 200 -0 100 5.67 980 I'crcbos 5 400 0050 4 25 -4 90 FAN II 500 -0 300 9 05
      Source: Bridge Info  -  365 words
    • 116 9 CAN my wife or children become beneficiaries of my investments under the CPF Investment Scheme? How do I qualify for the new Enhanced Investment Scheme? When can I withdraw my capital gains from share trading? BT invites readers
      116 words
    • COMPANIES
      • COMPANY BRIEFS
        • 75 10 Bernama KUALA LUMPUR Malaysian electricity producer Tenaga Nasional Bhd lifted pre-tax profit by 15.3 per cent to Ms9ll million (***** million) in the half-year to Feb 28. Turnover rose 16.3 per cent to M 52.395 billion during the six months. Tenaga chairman Ani Arope
          Bernama  -  75 words
        • 58 10 KUALA LUMPUR Malaysian Helicopter Services Bhd (MHS) will sell a third of its equity to Schreiner BV. In its 1992 annual report, released yesterday, MHS said the sale would be completed this year. With Schreiner as a shareholder, MHS would be able to participate fully
          58 words
        • 74 10 SINGAPORE Singapore Electronic and Engineering Ltd (Seel) hopes to sell at least 15 Harris Night Hawk computer networks to Asia-Pacific users in the next two years, at US$2O,OOO (5532,200) to US$l5O,OOO each. Seel has been appointed by Harris Corp to distribute its Unix-based operating system and
          74 words
      • 469 10 UNIT TRUSTS FUNDS Managers' prices <$) May 5 Prudential Singapore Unit Trust gd "TV 1,5 The Commerce 135 142 MARA-Bumiputra The Savings Fund 1.18 1.24 First B'putra 1.80 1.85 S pore Prog Fund 0.55 0.58 Second B'putra 1.77 1.82 S'pore Sec Fund 0 90 0.95 Ihird B putra 6.08 6
        469 words
      • 447 10  -  By William Chia SINGAPORE South African consortium Consolidated Resources Ltd (CRL), which counts De Beers as a shareholder, is making its first major investment in Indonesia with a US$2l million (5533.8 million) convertible loan to a company linked to the
        447 words
      • 258 10 BANGKOK Unicord Co, a manufacturer and exporter of canned seafood products, is planning to list its US-based subsidiary on the New York Stock Exchange (NYSE) within the next year. The Nation quoted the company's top executive as saying. By
        258 words
      • 382 10 Reuter MANILA Beer and tobacco magnate Lucio Tan. who won a battle for control of Philippine Airlines (PAL) in March, said he plans to sell his stake in the holding company which owns 67 per cent of the airline. Mr
        Reuter  -  382 words
      • 139 10 Bernama KUALA LUMPUR Golden Plus Holding Bhd yesterday proposed an issue of Ms7o million (5&44 million) nominal amount of 5 per cent redeemable guaranteed loan stock, together with 55 million detachable transferable subscription rights CISRs) on a "bought deal" basis. It is also
        Bernama  -  139 words
      • 242 10 Bloomberg Business News BEIJING China yesterday i published its first national se- < curities regulations since the communist takeover in 1949 in a move aimed at bringing order to often chaotic securities markets in Shanghai and Shenzhen. The Provisional Regulations on Share
        Bloomberg Business News  -  242 words
      • 316 11 South China Morning Post HONGKONG The New China Hongkong Group plans to act as a financial adviser to two enterprises in Jilin province seeking to float in Hongkong, chairman Tsui Tsintong said over the weekend. The two companies, Changchun
        South China Morning Post  -  316 words
      • 37 11 Reuter PITTSBURGH, Pennsylvania Pittsburgh resident MJ "Jim* Deligatti holding his creation, the popular 'Big Mac" hamburger, which celebrated its 25th anniversary yesterday. Fourteen billion Big Macs have been sold in the past 25 years. Reuter
        Reuter  -  37 words
      • 265 11 Bloomberg Business News HONGKONG Hongkong investment company Tomson Pacific yesterday said it is in negotiations over the possible sale of its controlling stake in World Trade Centre Group to an independent investor, which it did not identify. Tomson said the talks
        Bloomberg Business News  -  265 words
      • 283 11 Reuter JAKARTA China Petrochemical Corp (Sinopec) plans to join three well plugged-in local companies in building an oil refinery and a fertiliser plant in Indonesia in what could be the biggest investment by China since the two Asian giants restored relations
        Reuter  -  283 words
      • 130 11 AFP TAIPEI Taiwan authorities say they have cracked the stock exchange's largest-ever share scandal after turning 88 people over to prosecutors for allegedly manipulating stocks worth up to NTS 10 billion (***** million). Officials from Taiwan's Security and Exchange Commission said
        AFP  -  130 words
    • FINANCE
      • SMALL CHANGE
        • 92 12 Bernama KUALA LUMPUR Bank Negara will investigate claims that the amount of the loans issued by MBf Finance Berhad has exceeded the finance company's paid-up capital. Deputy Finance Minister Haji Abdul Ghani Othman (right) said. It was hoped that the central bank would ensure
          Bernama  -  92 words
        • 113 12 Bloomberg Business News SYDNEY Companies in Australia and New Zealand are likely to maintain their current credit ratings as the recovery in their countries' economies picks up speed, said US ratings company Standard and Poor's. The prospect of significantly improved profits and asset growth
          Bloomberg Business News  -  113 words
        • 152 12 SINGAPORE Keppel Bank introduces the first new car loan that combines the features of prime-based interest calculated on monthly-rest with the option of fixing the interest rate for up to five years. The loan is only applicable to new cars with a purchase value
          152 words
        • 90 12 Reuter LONDON Kleinwort Benson Group Pic's new management will need to boost income sharply to regain a competitive position with rival merchant banks. "The group should be aiming to increase its return on capital which is below that of its principal rivals," said analyst Hugh Pye
          Reuter  -  90 words
        • 136 12 AFP NEW DELHI An Indian parliamentary panel took nationalised banks to task yesterday for lending an estimated 100 billion rupees (555.4 billion) they will have to write off as bad debts this year. The finance committee said in a report that the losses reflected
          AFP  -  136 words
      • 200 12 KnightRidder NEW YORK Insurance companies will pay an estimated US$2.B billion (554.56 billion) in property damage claims arising from catastrophes in the first 3 months of 1993, the American Insurance Services Group, Inc, said. This estimate follows "hard on the heels of
        Knight- Ridder  -  200 words
      • 503 12 Knight-Ridder SEOUL South Korea's banks are expected to be among the main beneficiaries of the government's attempts to restructure the financial market. However, there is broad disagreement on whether the interest rate deregulation that will accompany the reforms would help the
        Knight-Ridder  -  503 words
      • 253 12 Bernama KUALA LUMPUR Visa International has launched its Merchant Training Programme for Malaysia as part of its global exercise to reduce credit card crime. Visa International general manager for South and Southeast Asia Timothy J Malloy said Visa and its
        Bernama  -  253 words
      • 427 12 MBT KUALA LUMPUR The easing interbank rates have prompted several banks to further reduce their base lending rate (BLR) last month. The one-month rate, which closed at 7.60-65 per cent on March 1, ended lower at 7.5254 per cent on April
        MBT; Source: MBT  -  427 words
    • FINANCE & COMMODITIES
      • 363 13 Reuter SINGAPORE As rich Western nations hunker down in their battle against recession, booming Hast Asia is emerging as king of the oil-consuming world, industry executives said. "Since 1987, oil demand in the Asia-Pacific region has accounted for 75
        Reuter  -  363 words
      • 298 13 Reuter NEW YORK A former BCCI official testified on Monday that he and Robert Altman visited foreign embassies in Washington to drum up business for BCCI and its subsidiary, First American Bankshares Inc. Altman, a law partner of former Defence Secretary and longtime Washington
        Reuter  -  298 words
      • 293 13 Reuter KUALA LUMPUR Malaysian tin miners yesterday appealed to Brazil and China to lead the world industry out of the doldrums as Malaysia, the leader for more than a century, bemoaned the exit of its largest mining firm from
        Reuter  -  293 words
      • 366 13 ENERGY REPORT Reuter LONDON Oil prices yesterday tried to extend a rally of late last month but a market view that supply and demand were just about balanced put a brake on the gains. London June futures for the benchmark crude oil. North Sea
        Reuter  -  366 words
      • 151 13 THE Tokyo market was still on Golden week holiday yesterday and the Far East saw very narrow ranges in the currency sector. Over in the USS/SS market, a good two-way business was seen and the market traded a very narrow range of 1.6132 to 1.6139.
        151 words
      • 186 13 Reuter THE dollar slid to a lower close in Europe on yesterday, propelled by niggling worries about the strength of US economic recovery, while share prices mostly sagged in a quiet session. The dollar came under renewed pressure after Monday's drop in a key economic gauge, the purchasing managers
        Reuter  -  186 words
      • 83 13 AFP THE dollar slipped against other major currencies yesterday amid signs that the US economic recovery may be faltering. The dollar was trading at 1.5720 German marks from 1.5806 late Monday and 110.30 yen from 110.85. The US currency also fell to 5.2970 French francs from 5.3265 late
        AFP  -  83 words
      • Article, Illustration
        1549 13 IraJf-orifHlnJ index cakv/aleJ a*am\t S'parr's lup 14 trajint pan rut §memm IW USS/SS forward rates Noon May 4 s$ Bid Offer I month 1613) I 6150 2-month 161)$ 1.61 SO V month 1.61)7 I.6IS2 6-month ***** 1.6160 &«nr Of W Source: OCBC FOREIGN CURRENCY NOTE RATES As at 11m ynstanlay:
        1,549 words
    • COMMODITIES & FUTURES
      • 1476 14 SIMEX REPORT Reuter SINGAPORE Simcx Eurodollar futures ended a shade firmer in moderately active trade on a mix of carry-over buying and profittaking. Dealers said the contract's spike up in the US on Monday due to the release of soft economic data, spurred initial buying interest
        Reuter  -  1,476 words
      • 928 14 COMMODITIES REPORT Tin THE PRICE of tin rose five sen to close at M 514.06 per kg on the Kuala Lumpur Tin Market (KLTM) following some buying support yesterday, dealers said. News reports that Malaysia Mining Corporation Bhd had proposed
        928 words
    • 1706 14 Rubber MS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 93 OOO 000 131.75 0 4.700 Jul 0 00 0 00 132.75 0 4.200 Aug 0.00 0 00 133.75 0 5.200 Sep 135.50 135
      1,706 words
    • REGIONAL STOCK MARKETS
      • 1078 15 -0.2 STOCKS edged slightly lower after the release of worse-than-expected balance of payments data yesterday. The current account deficit came in at A 52.132 billion, seasonally adjusted from ASB6I million in February. "It all revolved around the balance of payments figure, which was shocking," one broker said. "We were
        1,078 words
      • 565 15 +21.06 SHARE prices on the Manila Stock Exchange's Composite Index will gain about eight points today as investors bid up blue chip stocks ahead of dividend payouts. The index posted its fourth straight closing high yesterday as investors anticipated the payouts. One dealer forecast the index will continue gaining
        565 words
      • 524 15 -25.62 THE main index drifted lower yesterday in sluggish trading as a continued shortage of funds and poor sentiment left many investors on the sidelines, brokers said. The Weighted Index closed down 25.62 points from Monday's finish at 4,448.18. Volume rose to 565.9 million shares on turnover of NT525.5
        524 words
      • 407 15 1.24 SHARE prices crept up on the Korea Stock Exchange in slow trading yesterday. The Composite Index of the exchange edged up 1.24 points to close at 719.83. Gainers topped losers 351 to 266 among the 824 issues traded. Volume stood at 30,048,000 shares posting a turnover value of
        407 words
      • 245 15 -30.23 SHARES slumped 1.9 per cent yesterday, continuing a string of losses that has wiped nearly 4 per cent from the broad market indicator since last Thursday. Traders said they were at a loss to explain the weakness. The New Zealand Top-40 Capital Index closed down 30.23 points
        245 words
      • 74 15 +42.95 SHARE prices rose yesterday on some speculative buying as the results of Reliance Industries Ltd announced on Monday looked better on hindsight, brokers said. The Bombay Stock Exchange (BSE) Index rose 42.95 points at 2,127.37 after falling back from a mid-session high of 2,142.76. The National Index rose
        74 words
    • WORLD STOCK MARKETS
      • 625 15 -0.5 A WILDLY off-target profit estimates for leisure group Campari was the only lively spot yesterday in otherwise dull lacklustre trading day. The blue-chip FTSE 100-share Index closed at 2,812.6, down 0.5 point. The narrower Financial Times 30 Index closed at 2,218.1 points, down 3.3 points. Volume of trading
        625 words
      • 131 15 -13.34 Shares ended lower after a quiet session dominated by worries about weak economic growth forecast this year, dealers said. The Economy Ministry said forecasts by state and private research institutes for 1993's market sector economic growth averaged a 0.4 per cent fall after a 1.1 per cent rise
        131 words
      • 93 15 -0.05 pc Shares closed little changed in light trading with investors sidelined pending the first-quarter earnings season, which they hope will cast further light on the state of the economy. The blue-chip OMX Index closed at 797.04, down 0.05 per cent. Turnover was 653 million kronor, compared with 572
        93 words
      • 219 15 -1.79 The stock market wiped out early price gains to end weaker in yesterday's session, but equities could recover temporarily today if the Bundesbank's repo tender rate comes in lower than last week's, traders said. The 30-share DAX index closed 1.79 points down at 1,627.37, away from the day's
        219 words
      • 121 15 -7.93 Shares closed off their lows in a technical reaction to a session of declines, but the outlook remained pessimistic, dealers said. The Bel-20 of leading shares closed down 7.93 points to 1,181.59. Volume amounted to 1.22 billion francs. Financial stocks and oil company Petrofina were the worst hit.
        121 words
      • 126 15 1.34pc Shares closed higher overall but the market seen likely to begin marking time until Prime Minister Carlo Azegjio Ciampi announces his government programme and wins the parliamentary confidence vote. Prices and turnover more lively in first part of session, then profit-taking emerges. The MIB Index closed 1.34 per
        126 words
      • 257 15 +0.88 Prodded to reluctant early gains by rises on Wall Street and in London, Dutch shares failed to drum up any buying enthusiasm. Though the force of the recent market correction has drained away, progress looks unlikely. The EOE Index ended at 314.60 points, 0.88 higher. "We have been
        257 words
      • 284 15 1.10 The market finished slightly higher on balance, pushed up mainly by Nestle and chemicals. But banks and insurers were easier. Dealers said Nestle was back in favour after being neglected for some time. Its bearers and registered shares rose 15 Swiss francs each to 1,100 and 1,090 respectively.
        284 words
      • 281 15 -2 Gold shares staged an afternoon recovery triggered by a strengthening in the gold price to end above the day's lows but below the previous close. The Gold Index finished 17 points lower at 1,488. The Industrial Index lost two points to 4,385 and the Overall Index added three
        281 words
      • 226 15 •15.94 On Monday, stocks ended a hectic session weaker but up from the day's lows as softness in precious metals kept pressure on, traders said. The TSE 300 lost 15.94 points to 3773.47 on turnover of 55.72 million shares valued at C 5550.28 million. Declines led advances 371 to
        226 words
      • 518 15 18.91 Stocks edged higher yesterday as investors found further buying opportunities in the wake of the previous day's late advance. At Ipm EDT, the Dow Jones Industrial Average was up 1.62 points at 3,448.08, adding on to Monday's upturn of 18.91 points at 3,446.46. Advancing shares outnumbered declines
        518 words
      • 764 15 Britannia Funds S4erliag Cash Bid Offer Mim Cap Deposit ML WOO 18 6500 MunJnwGill 0 1897 0 2000 Mim Mat Income *0 9900 *1 0J00 I S$ Cash Income Plus Fund 10 4100 10 9 700 PS J Reverse Fund 5 2000 5.2100 Sterling Fquils Euro Performance .0 4592 0.49.18
        764 words
    • Article, Illustration
      3144 16 Reuter WAVES of selected bargain hunting emerged in the afternoon yesterday, pushing share prices up from a morning downturn to end higher. The blue chip Hang Seng Index closed 37.18 points higher at 6.827.29. It finished the morning down 7.35 at 6,782.76 after hitting an early low of 6.757.46.
      Reuter; Source: Bridge Info  -  3,144 words
    • Article, Illustration
      453 16 STOCKS in the Shenzhen A market gained slightly yesterday in moderate trading. The CLSA Shenzhen A Index was up 123.55 points to close at 3,051.25. But it was another sluggish day in the B market and the B Index closed 10.05 down at 1,134.86. In a new development, mainland
      453 words
    • Article, Illustration
      1810 16 Reuter BANGKOK Stocks plunged across the board yesterday, led by losses of finance and bank shares as investors were worried by a deputy minister's comment over the weekend that a minister. identified only as "Mr T'\ might be involved in share price manipulation, brokers said. The SET plunged 17.19
      Reuter; Source: Bridge Info  -  1,810 words
    • Article, Illustration
      1080 16 Reuter JAKARTA Share prises closed little changed on selective profit-taking in slow trade yesterday. brokers said. The official index rose 0.22 points to 313.91 after a slight fall on Monday. "The market was featureless on the foreign side while locals took profit on high premium stocks which rose recently."
      Reuter; Source: Bridge Info  -  1,080 words
    • 2637 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE vcXume Promt! 32.801.000 Ind Oxygen 50c 13.308.000 Ind Oxygen Wi 8.511 DUO Met ropiicx 50c 8.320.000 Kcnong Bhd 50c 6.847 000 kemayan 50c 6 086 000 MBf Hide 50c 6.006 000 InnovcslBhd 5.344.000 Multi purpose 4.852.000 Insas Bhd 4 4<M
      Source: Bridge Info  -  2,637 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5076 17 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange closed easier in active trade yesterday as share prices succumbed to heavy profit-taking activity aimed at blue chips and situational stocks. Reflecting the downtrend in most indexlinked counters, the KLSE Composite Index shrank 11.29 points to
        Bernama; Source: Bridge Info  -  5,076 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1124 18  -  By Magdalene Ng SINGAPORE Profit-taking on indexlinked eounters sent stoek indiees falling aeross the board yesterday. Brokers and remisiers who welcomed the correction in share prices said part of the drop was triggered by forced selling. Said one remisier: "The undertone of the
        Source: Bridge Info  -  1,124 words
      • 65 18  -  HOT STOCK Paul Leo NATSTEEL warrants broke above a downward sloping trend line last month, thus indicating a bullish scenario. Although they have cased to from 51.29 in mid-April to yesterday's close of $1.20. the decline should be seen as a buying opportunity because the overall trend
        SOURCE: BRIDGE INFO  -  65 words
      • 6193 18 MAIN BOARD Gr Gr 1992/93 Last Vol Di> LmI Quote Dh Di> Md >« M Cap High Low Company Sale ("000) High l/)» Bir\er Seller Of ft Smil INDUSTRIAL AND COMMERCIAL 655 170 Acma 635 cd +20 516 645 600 630 635 12.5 2.1 2.0 27.5 396.7 220 210 s
        6,193 words
  • Page 9 Advertisements
    • 102 9 A H 11 IV CLAY P O T RROrvIOXION Amazing if you know the materials that go into making a clay pot a ClaypoL Simmered Garlic Fish.... Ginger and Spring Onion Chicken.... Pork with Preserved Vegetables.... Mixed Vegetables with Bean Curd.... Simmered Beef with Mushrooms.... Chicken Rice.... Seafood.... Mah Mee....
      102 words

  • Page 10 Advertisements
    • 190 10 Dividends table has been held over LION NATHAN DELOITTE TOUCHE TOHMATSU ANZ BANK BP OIL RUSSELL MCVEAGH NZ POST u ■m;ira;ctK*«*viix«ac»gggmAtnBm;*viz -i Kfl si Kfl i h —j lliajr. -H i -f^! I i </> 'iW'oB ""i Hi 7 co 'Tf:-j 'lit.'va z d -r;w%. !!!:'-i: ihh niiiiiiii^H::: n s.*
      190 words

  • Page 11 Advertisements
    • 293 11 V Singapore Computer Systems Limited NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 13th Annual General Meeting of the Company will be held at its Registered Office at 750 D Chai Chee Road #03-01, Chai Chee Industrial Park, Singapore 1646 on Friday, 28 May 1993 at 10
      293 words
    • 348 11 I Sometimes IT HELPS TO HAVE SOMEONE OPEN A FEW DOORS. All the information and contacts you need to do business in Vietnam, Indonesia, Hong Kong, India and Sri Lanka from the Singapore Trade Development Board. What do you know about new markets? There's so much to learn. Government regulations
      348 words

  • Page 12 Advertisements
    • 99 12 E^b THE TRANE W H APPROACH TO ENERGY PJi CONSERVATION: Mr See Wing Whye. Chief Engineer The XVISOO Variable Speed Air Conditioner Selves up to 40% on your XVISOO Air Conditioner existing air-conditioning JSSma electricity consumption Constantly and automatically adjusts to temperature MBBteyi changes, saving energy when necessary Jl§ll§ll Air
      99 words
    • 481 12 COMPACT METAL INDUSTRIES LTD (Incorporated in the Republic of Singapore) INVITATION IN RESPECT OF 15,000,000 NEW ORDINARY SHARES OF $0.10 EACH (THE "NEW SHARES' AT $0.75 FOR EACH NEW SHARE PAYABLE IN FULL ON APPLICATION The Board of Directors of Compact Metal Industries Ltd ("Compact" or the "Company") is pleased
      481 words

  • Page 13 Advertisements
    • 60 13 I ALFRED DUNHILL K ir^ 18BK3 ii '%£a mSMSSmM JWruarSRflKBE Sports Watches. /f/ne</ .r fu/fy ofiera fiontt/ i/n>in<j utatcAe* Aoaxf CO or*/mated </to untt/irrctiona/ />r ze/ anc/ wAo//y water rr*f*tuot *AarA*Ain *traf>. un'tA eaxt/t/ a<jfjn*ta/>fe xy/rty c/a*fi. Visit Aifked Dunhill At Paiais Renaissance, Hit ros International Hotel. The Pailagon And
      60 words

  • Page 14 Advertisements
    • 691 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 i THE COMPANIES ACT, CAP. 5* DANCOMP ELECTRONICS PTE LTD an Voluntary Liquidation) At an Extraordinary General Meeting ef the abovesmmed Company held on the 28th day ef April, 190 the followlnc Special Resolution was passed:-WINDING-UP It «h resolved THAT the
      691 words
    • 22 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead —I——— ■UiIHMH
      22 words


  • Page 16 Advertisements
    • 950 16 M GOLF MEMBERSHIP FEES? M We've got it down to a tee. I PERSONAL Joining a club 7 Then |Oin up with us and pay your fees with ease Standard Chartered FINANCING Just call 1800 5353 522 (toll-freei and ask for Personal Financing qc.',u-*, ,*/*.+<. r /v-w„ j- I i
      950 words
    • 12 16 The Tokyo stock market was closed yesterday and will remain closed today.
      12 words

  • Page 17 Advertisements
    • 66 17 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, you can prosper through a wide range of investments. Local and Asian Dollar l ime Deposits. Unfixed Time Deposits. Foreign Currencies. Unit Trusts, Margin Trading Accounts and more. Just call our 24-Hour C itiPhone Banking toll-free on (1X00)
      66 words

  • Page 18 Advertisements
    • 42 18 GOLF MEMBERSHIP FEES? We've got it down to a tee. PERSONAL Joining club 7 Then join up with us and pay your fees with ease Standard Chartered FINANCING Just ca 1800 5353 522 toll tree) and risk tor Personal F nancmq ir
      42 words

  • SPORTS
    • 929 19 Golf The Economist LONDON When the Senior Professional Golfers' Association (PGA) Tour began play in 1980 the entire schedule consisted of two events and the prize money totalled U*****,000 (*****.000). It was looked upon by many American sports fans most of
      The Economist  -  929 words
    • 47 19 Reuter NEW YORK Oakland A's runner Troy Neel upending New York Yankees' second baseman Pat Kelly to break up Kelly's attempt to throw out batter Mike Bordick at first for a fifth inning double play on Monday at the Yankee Stadium. Keuter
      Reuter  -  47 words
    • 387 19 AP INGLEWOOD, California This was supposed to be the end of the Showtime Era. First, Kareem gone. Then Magic. Then the Los Angeles Lakers with their first losing season since 1976. The Phoenix Suns were supposed to guarantee three playoff losses
      AP  -  387 words
    • 268 19 AP NEW YORK Larry Johnson and Dell Curry helped Charlotte celebrate its first home playoff game on Monday night with a 119-89 victory over the visiting Boston Celtics, giving the Hornets a 2-1 lead in the best-of-5 series. Johnson scored 29 points,
      AP  -  268 words
    • SCORE CARD
      • Article, Illustration
        32 19 Reuter NEW YORK Major league results on Monday American: Cleveland 5 California 4; Oakland 4 New York 2; Seattle 2 Boston 0; Texas 9 Milwaukee 2. National: No games scheduled. Reuter
        Reuter  -  32 words
      • Article, Illustration
        114 19 Reuter LONDON l eading world rankings on Monday: 1. Nick Faldo (GB) 23.4 pts average 2. Bernhard linger (Gcr) 15.8 3. Fred Couples (US) 14.34 4. Greg Norman (Aus) 14.07 5. Nick Price (Zim) 13.68 6. Tom Kite (US) 12.03 7. Jose Maria Olazabal (Spn) 11.68 8. Lan Woosnam
        Reuter  -  114 words
      • Article, Illustration
        27 19 Reuter NEW YORK NHL Stanley Cup second-round playoff on Monday Norris Division final: Toronto 2 St lxrnis I (OT2) (Toronto leads best-of-seven scries 1-0). Reuter
        Reuter  -  27 words
      • Article, Illustration
        83 19 AFP Reuter MANCHESTER, England Monday night's English Premier l>eague result: Manchester United 3 Blackburn Rovers 1. Standings: I. Man Utd 41 23 12 6 65 30 81 2. Aston Villa 41 21 11 *****74 3. Norwich 41 21 8 12 58 62 71 4. Blackburn 40 18 11 11
        AFP; Reuter  -  83 words
      • Article, Illustration
        185 19 Reuter Reuter IAM PA. Florida First round results of the I *****,000 LST A Men's C lay Courts of I ampa tournament Monday (prefix number denotes seed): I-Mark Woodfordc (Aus) leads Patrick McEnroe (US) 6-3 2-3 (plav suspended overnight due to rain). Luis Herrera (Mex) b Claudio Me//adri (Swi)
        Reuter  -  185 words
  • Page 19 Advertisements
    • 1084 19 BUSINESS TIME S TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 The following clients with household goods and personal I effects currently stored at the premises of Crown Pacific Pte I Ltd at No 36 Pioneer Road, Singapore 2262, will be sold I at Auction. I Mr D Jenner Hillard Miss
      1,084 words
    • 629 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 CASAVIVA HOME APPLIANCES PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of CASAVIVA HOME APPLIANCES PTE LTD duly convened and held at 6001, Beach Road. #17-09 Golden Mile Tower, Singapore 0719 on the 29th April 1993.
      629 words

  • Page 20 Advertisements
    • 867 20 or IP FULL DHV SEMINAR PACKAGE at only $45.00 per person Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel and our excellent seminar packages. For only $45 per person for a
      867 words
    • 245 20 WHERE TO WINE, DINE AND ENTERTAIN Award-winning Thai-Cantonese cuisine created by Thailand's Royal Princess. 23 April 14 May Shark's Pin Soup in Bamboo Pith. Steamed Abalone wrapped with Minced Prawns. Bird's Nest in Baby Coconut, in Pear or with Coconut Milk. These are just some of the creations that earned
      245 words
    • 410 20 "i THE NEPTUNE. %t)I\ZINTC THE £X£/7mEM7:$ En|oy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm to 10.00pm IB B JQiwm 7* ■oof Orm Uim How CaßfV
      410 words

  • LIFESTYLE
    • 514 21  -  Tracey Ober waxes lyrical on the city's annual spring Feria Tracey Ober Reuter THE people of Seville ignored the pouring rain and set about celebrating their spring festival with abandon. Tourists flooded in for the annual six-day celebration to dance and
      Reuter  -  514 words
    • 327 21 NYT THE E&J Gallo Winery will weather the loss of its president and cofounder. Julio Gallo. who died Sunday night in an automobile accident, industry analysts and former Gallo executives said on Monday. But they were quick to add that his passing
      NYT  -  327 words
    • 366 21 CHATTERBOX Reuter AP AP VISCOUNT LINLEY, Queen Elizabeth's nephew and the 12th in line to the British throne, is to marry later this year, the bride-to-be's father announced on Monday. Cabinetmaker David Linley, 31, son of the Queen's sister, Princess Margaret, and Lord Snowdon. will
      Reuter; AP  -  366 words
    • Article, Illustration
      71 21 Reuter BIRBANK, California Actor-comedian Bob Hope (left) shares a few laughs with Johnny Carson, the former host of the Tonight show, prior to the taping of an NBC special. Bob Hope: The First 90 Years on Ma> I. The show to honour Hope for his 90th birthday
      Reuter  -  71 words
  • Page 21 Advertisements
    • 239 21 H THE ORCHARD HOTEL PRESENTS HI By Opera Concert Productions (Worldwide) Ltd ■I Orchard Ballroom 8 o ince its inception in 1987, the Opera Concert Productions has achieved international J recognition for the high quality of its performances. As an independent company, it brings together singers from the Royal Opera
      239 words
  • Page 21 Miscellaneous
    • 1288 21 TV RADIO Kangaroos, Faces in the Mob, V. V"*" ma in which the social and jV. 'jn family life of a group of wild -T eastern grey kangaroos is seen ;'".^C**"C| through the eyes of some of the .'V y|fe characters in the group. This wMjj|^^K!Z»ssn 1992 production won an
      1,288 words

  • REGIONAL ANALYSIS
    • 1156 22  -  Winds of change in Japan Special to BT TOYOMITSU TAMAO TOYOMITSU TAMAO The writer is managing director for investment and financial research at the Tokyo-based Nomura Research Institute DURING Japan's ongoing "bubble recession", almost every management figure has deteriorated. At the end of
      1,156 words
    • 1310 22  -  Special to BT TAKASHI KURISAKA TAKASHI KURISAKA The writer is a partner of the Tokyo-based Egon Zehdner International, the international con sultancy firm that specialises in recruiting senior management for multinational corporations worldwide A RECENT survey in Japan reveals that every seven out
      1,310 words
    • REGIONAL WHISPERS
      • 111 22 THE Indian government has granted provisional approval for the ambitious National Stock Exchange (NSE) after months of intense debate in the financial community. Unlike the existing network of stock exchanges, the NSE will be a screen-based trading system hooked to stockbrokers nationwide via satellite and cable. It is
        111 words
      • 110 22 KOREAN companies with major investment plans in the Russian Far East arc cncouragcd by the outcome of the Russian referendum. There is talk that a delegation of leading Korean businessmen will visit Moscow soon to meet with Russian President Boris Yeltsin and discuss specific investment plans. Business
        110 words
      • 136 22 JOHN HOLLAND, the Australian firm constructing the bridge over the Mekong between Thailand and Laos, recently completed a survey' of Laotian National Route 9. This is the strategic land link between Mukdahan. on the right bank of the Mekong in northeast Thailand, and Da Nang, the
        136 words
    • 1370 23  -  Winds of change in Korea FACE TO FACE Kim Suk Joon, vice-chairman of the giant Ssangyons Group, in an interview with SN Vasuki in Seoul, outlines his views on issues ranging from Korea's economic slowdown to the taming of the chaebols. S N Vasuki KIM SL'K JOOS.
      1,370 words
    • 1231 23  -  S N VASUKI S N VASUKI The writer is a BT correspondent specialising in Japanese an J S Korean affairs CL A LUXURY house /l built on sand," is X a. how economist Byon Jae Hwan describes the Korean economy. Rival economist Lee Hahn Koo.
      1,231 words

  • Page 23 Advertisements
    • 292 23 28 29 June 1993 The Regent Hotel, Kuala Lumpur Capitalising on the increasing importance of alternative power sources Key participating organisations include: Featuring Lahmeycr International, Indonesia Regional Government's Policy for Alternative ABB Generation SEA, Malaysia Energy California Energy Commission, USA Ke y department heads explain their moves in Dcp»rtmcntolTEnergy[X'vck)pmcn,&Promotion, Thailand
      292 words

  • 526 24 EDITORIAL THE TRAGIC violence that has characterised Sri Lankan politics for dccadcs has erupted once again. Slain president Ranasinghc Premadasa was known for his tough some would call it authoritarian regime, but he too could never quite control the country's political violence and fell victim to
    526 words
  • WHAT THE OTHERS SAY
    • 204 24 THE REPORT by a Parliamentary select committee vetting the Companies (Amendment) Bill released last week must have made sweet reading for the Stock Exchange of Singapore. The committee has accepted its claims that its scripless trading system has enough safeguards against fraud. Safety apart, the committee
      204 words
    • 167 24 THE ASSASSINATION of Sri Lanka's president Ranasinghe Premadasa was a dastardly action. It was a culmination of the continuing separatist war in the country. The road ahead will be treacherous unless the ruling United National Party is able to find a capable leader to
      167 words
    • 160 24 WORKERS' UNDERSTANDING of the labour movement is the basic condition for its survival and development. In our present society, the first thing workers want to know is what benefit they will derive from joining unions. There is no threat of unemployment when the economy is
      160 words
    • 177 24 IN THE AFTERMATH of the Cold War, heated discussion has been held on the merits of amending the Constitution, especially in recent months. The debate has been led by some who, in the name of international contributions, insist that Article 9 of the Constitution, which renounces
      177 words
    • 196 24 TO ACKNOWLEDGE that the Bosnian crisis is an extremely complex matter, full of anguish for the victims of tribal hatred and shame for the rest of mankind who are sitting back and watching the bloodletting, is to do no more than state the obvious. That
      196 words
    • 125 24 CAMBODIA'S first free elections in 23 years are only three weeks away. The 4.7 million registered voters will decide which parties will legally govern our war-rav-aged neighbour. Only a few of the 20 parties contesting the United Nations-supervised elections can be expected to capture seats in
      125 words
  • 1292 24  -  Neville Stack makes a plea for morality and good sense to guide the reconstruction of a shattered land and unite a divided people Neville Stack The writer is a UK-based journalist who contributed this commentary to BT PEACE seems to be about to
    1,292 words
  • Page 24 Advertisements
    • 532 24 TOLL-FREE TEL. No. 1-BQO-737 0Q43 FAX:734 3698 Singapore Aerospace Creating value for you worldwide ALL MEMBERS ARE CORDIALLY INVITED to attend the 11th Annual General Meeting of the Company which will be held at Singapore Aerospoce Ltd, 540 Airport Rood, Paya Leber, Singapore 1953 on Thursday, 27 May 1993 at
      532 words
  • Page 24 Miscellaneous
    • 83 24 11 «r I DO WOO Rtrw&eß DO N|oo THe. I ui6UU Pp\\D xioß bO\"TH T^^J^£ ss,r ffe>JlvJ G -peec,v *D pkospccts o i WWG k?; .6^ fePi fe l Vggg^^ii-^c. DOONESBURY GARRY TRUDEAU HOLY COM LOOK AT ALLTHIS TUB COMPUTER AUTOMAT I- J ~T QUAUTY, ATTRACTIVELY-PRICED CAUY 3IUS YOUR PURCHASE
      83 words

  • ANALYSIS
    • 763 25  -  Tatsuo Ito reports on proposals to lighten the enormous burden that inheritance taxes can pose for the ordinary Japanese Tatsuo Ito Reuter JAPAN boasts the most even distribution of wealth of any major industrialised nation, due in large part to inheritance taxes of
      Reuter  -  763 words
    • 1208 25  -  In an exclusive interview in Manila, Asian Development Bank president Kimimasa Tarumizu tells A 1 Labita how he feels about a wide range of issues, including trade blocs and the difficult tasks he sees the bank facing ahead Al Labita BT: What has
      1,208 words
    • 941 25  -  The failure to complete the Taurus paperless settlement system has led to pressure for a review of functions carried out by the London stock market. Richard Waters reports Richard Waters FT THE London Stock Exchange (LSE) faces a curious paradox. It supports a successful
      FT; Source: London Stock Exchange  -  941 words
  • Page 25 Advertisements

  • 502 26  -  Reports from Harish Mehta in PHNOM PENH A SENIOR army officer and a few soldiers from Prince Norodom Ranariddh's army took part in the Khmer Rouge-led attack on Siem Reap city on Monday morning, a top military spokesman of the Hun Sen
    502 words
  • 336 26 A JAPANESE policeman with the United Nations peacekeeping mission in Cambodia was killed and three wounded along with five Dutch Marines yesterday when suspected Khmer Rouge guerillas attacked their convoy with rockets and assault rifles in north-west Cambodia. "It has been
    336 words
  • 349 26 WASHINGTON Hongkong Governor Chris Patten targetted Congressional leaders yesterday as he lobbied against a US-China trade war which he fears would send the British colony's economy into a tailspin. On the second day of a three-day official visit, Mr Patten
    349 words
  • 231 26 AP AFP TOKYO The Clinton administration continued its tough talk with Japan yesterday, suggesting the US might shift away from free trade if trade agreements do not produce measurable results. For the free trade system to work, "the world's sccond-larg-cst economy
    AP; AFP  -  231 words
  • 205 26 AFP Reuter SARAJEVO Serb forces surrounding the eastern Bosnian Muslim enclave of Zcpa launched a massive assault yesterday, capturing several villages, according to a radio operator, as Bosnian Serbs prepare for a key meeting outside the Bosnian capital. And Bosnian President Alija Izctbcgovic urged
    AFP; Reuter  -  205 words
  • 965 26  -  The Bottom Line YONG POWANG YONG POWANG The writer is a BT correspondent specialising in Chinese affairs. THE Chinese leaders are growing impatient with the size of Singapore investments in China. One Chinese minister has unceremoniously described Singapore investments so far as "small potatoes".
    965 words
  • Page 26 Advertisements
    • 483 26 (JullmoriQ FULLMARK MICRO PTE LTD TEL: 221-3626 I SAL Industrial Leasing Limited I H (Incorporated in the Republic of Singapore) p? 8 Singapore fe mxm A member Ef» 581 Technologies jp g Industrial I NOTICE OF ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN THAT the 12th Annual General Meeting
      483 words
    • 178 26 CTullmark^ BBS FULLMARK MICRO PTE LTD TEL: 221-3626 WHen you convention with us... ...everyone is st winner. You win on the best choice beach location for your conference venue in Langkawi or Cherating. You win on luxurious accommodation with modern amenities and the shimmering blue sea and golden sands as
      178 words

  • Shipping Times
    • 390 27  -  Talks on buying into Nagasaki Spirit likely to be finalised this week By Rahita Elias SINGAPORE Three big names on the local marine scene Neptune Orient Lines (NOL), Sembawang Maritime Limited (SML) and Jurong Shipyard will join forces to own a tanker
      390 words
    • 358 27  -  By Ramesh Divyanathan SINGAPORE Argentinian carrier Canisa has changed its agent in Singapore and the region as part of its plan to strengthen its presence here. From the middle of this month, Gulf Agency Company (GAC) will take over Canisa's regional business, from Thong
      358 words
    • 372 27 Bernama KUALA LUMPUR Investments in Malaysian ports should take a supply-driven and outward-looking approach to capitalise on transhipment business in the region, a Johor Port official said yesterday. Mohd Azman Mohd Aris, who is Johor Port Sdn Bhd director of corporate
      Bernama  -  372 words
    • 1161 27 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 •ANL 3 1/2 APL 5 3-5 ASCL 5 5 Asian Breakbulk 16 3 ASXCL Shpg 15 2 Avant Shpg 6 4/5 Bait
      1,161 words
    • 257 27 SINGAPORE Ferrylink, which starts its SingaporeJohor ferry service this Saturday, is already seeking other routes. Managing director Les Penley said yesterday that at least two more services in Malaysia were on the cards. But he would not give details as negotiations were "at a delicate
      Photo by Chris Loh  -  257 words
    • SHIPS IN PORT
      • 603 28 Vmd Voy No Bwtti Vrwal Djgrtw Voth) Voy No Beth Arrival Dcpartire Jurong Port Sundance 4701EB P06 aloi«5ide 04 05 2359 Bara Muncui 05/01 S3 11 *>ngside 05 05/2300 Taokn 96 P05 alongside 04 05 2300 Ketton Karet 06 93 8 alongside 0505,1000 WM215/B WA215* P04 alongside
        603 words
      • 1537 28 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Contafcwn ivabbk SNp Voy Wo Contiiwn mUbk Anes 9337* 04.05.93 0950 Ryfcnow* 929 COO(EST) 0405.93 2300 E*e Cloud 149 COO(EST) 03 05 93 2300 M*et» Ms 9303 COO(EST) 04 05 93 1500 LtaBhtim 02N COO(EST) 04 05 93
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    • 805 29 The final quarter of 1992 saw a major fall in orders for new tonnage but the situation is expected to improve in 1995 Fairplay AS THE shipbuilding industry awaits the arrival of 1995 and the dawn of a new boom in construction. the various reports compiled
      Fairplay  -  805 words
    • 12069 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line in\olved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,069 words
    • 979 43 COURSES Title: Marine Legislation, Administrative Procedures Practices (SDF case-by-case basis) Duration: May 12 June 2 (4 evenings) Organiser: Singapore National Shipping Association Tel: For further details and application forms contact SNSA at tel: 278-3464 or fax: 274-5079 litle: International Freight Forwarding I (SDF 70%) Duration: May 13 July
      979 words
    • 107 43 FIXTURES Tanker Tanker brokerages are shut for the UK public holiday and are due to re-open on May 4. Last Friday, the VLCC crude tanker market from the Mideast Gulf was quiet after reasonable activity early last week had underpinned current rate levels, brokers said. But unless new
      107 words
    • 87 43 LONDON'S Baltic Exchange and freight futures on the London FOX are closed for a UK public holiday and re-open May 4. On Friday, active grain chartering continued and the Baltic Freight Index showed a higher-than-expected eight point rise to 1,554. a new 16-month high, dealers said. The fixture
      87 words
    • AIR AND LAND TRANSPORT NEWS
      • 341 46 NYT Northwest Airlines and its two largest unions tentatively agreed on Monday to trade an equity stake in the airline for labour concessions. The beleaguered airline, based in St Paul, Minnesota, has said it needs US$9OO million (SSI.4 billion) worth of concessions over
        NYT  -  341 words
      • 168 46 SINGAPORE Balkan Bulgarian Airlines touched down in Singapore yesterday on its inaugural flight to the Republic. The Bulgarian national carrier will operate a new Boeing 8767 on a weekly service from Sofia via Bangkok. The 240seat plane will arrive in Singapore every Tuesday at
        168 words
      • 222 46 Reuter SEATTLE The Boeing Co said on Monday replacement engine pins for its 747 jumbos should be ready this summer. "We hope to have them offered to the customers by the middle to end of summer," said Christopher Villiers, a spokesman for
        Reuter  -  222 words
      • 224 46 UPI SACRAMENTO, California Sponsors awarded US$2 million (553.3 million) on Monday for development of a flywheel battery enabling electric cars to travel up to 965 km on a full charge. General manager David Freeman of Sacramento municipal utility district announced the grant to
        UPI  -  224 words
      • 46 46 Reuter LONDON Hundreds of black London taxis blocking the roads around Marble Arch and Park Lane during a day of action last week against the government's proposed licensing of mini-cabs. The roads were finally cleared after police arrived to move the cabbies along. Reuter
        Reuter  -  46 words
      • 400 46 Reuter AFP SANTIAGO National carrier Lan Chile, in which Scandinavian Airlines System has a controlling 42.5 per cent stake, confirmed SAS was seeking a partner for the company. A spokeswoman confirmed that SAS is discussing working with a partner in Lan and was prepared
        Reuter; AFP  -  400 words
      • 494 46 It will ensure effective use of rail, road resources MBT KUALA LUMPUR A Transport Planning and Development Authority to monitor all bus and rail services in the country should be established, said John Harris, vice-presi-dent (Asia-Pacific) Delcan International Corp on Sunday. He said
        MBT  -  494 words
      • LOG BOOK
        • 86 46 Reuter SEOUL Samsung Heavy Industries Co Ltd, shipbuilding unit of the Samsung Group, said yesterday that it had won a contract to build the world's first electrically-powered oil tanker. The company gave no financial details. The 75,000 gross-tonne tanker, which is expected to be
          Reuter  -  86 words
        • 62 46 WASHINGTON Air freight traffic rose in March by 5 per cent over the same month last year, the Air Transport Association said on Monday. Large scheduled carriers reported freight and express up by 5 per cent and mail up by 7.5 per cent,
          62 words
        • 72 46 Reuter DETROIT General Motors Corp said its directors voted to continue quarterly dividends at the present levels on all three GM common stocks. The quarterly dividend rate on GM's common stock is 20 US cents a share, 10 cents on its class E shares and
          Reuter  -  72 words
        • 59 46 Reuter PHOENIX, Arizona Greyhound Lines of Canada Ltd said it completed the spinoff of its wholly owned subsidiary, Motor Coach Industries Ltd, which makes coach shells. The Dial Corp owns 69 per cent of Greyhound Lines of Canada, and after the spinoff owns 69 per cent of
          Reuter  -  59 words
      • 1328 46 City FKM ETA F*M ETD Abu Dhabi GA893 1335 AdaiaMa SQ227 2230 Amman RJ183 2335 Amsterdam I KL831 SQ323 0935 1725 SQ324 KL832 2230 2310 ftiirtiliwi NZ21 SQ228 1820 2025 NZ22 1935 Bahrain GF149 0650 B Sari Bogawan BI421 SQ181 B1429 1105 1410 2030 SQ182 B1422
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  • Page 27 Advertisements
    • 14 27 If you want it thereJ yesterday, JKL m us today"ar -A j Member ASM
      14 words
    • 24 27 Unas andMfvicM rtpmenledby Mambara of lh§ Registry of Accreditad (*o* Shipping Agantt, Singapore National Shipping Aaaociation For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      24 words
    • 97 27 tCARGO-RAK Airing Iromport at low cortj. SCXI FUJI TRADING (SINGAPORE) PTt LTD lib *****55 FAX: *****43 Shipyards await upturn, Page 3 Northwest gets labour concessions, Back Page |j| THE ANDHIKA GROUP p |l is pleased to announce 0 the opening of the offices of 0 M its associate company ANDHIKA
      97 words

  • Page 28 Advertisements
    • 468 28 TSKLME AGENCIES (S) PTE. LTD. r I 17 W Tel: 226-3363 nP*5 J. 3«JY« I lIMr Fax:226-1972/3 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I (mom Si mb si if m fit iff S jfi m tS w mb HF~I LJH Tii i i ■I7T7i i.
      468 words
    • 1341 28 ffrffIHMNMMI tfMMIMHft T ,r, t -1 N&jtT MBBlfWßlßMfcißfaMil BBBBMMii'( 1 job MM] JOB 535H3EIBiB3i^B^^BH!S5e45BG£!ra6iS5r5E icnuK dmhomo ix I 5*5235 |2ss|as 27 s m I as I as as jos ckatkal *n/si7l is 1 i«l as »s as as as las 31.5 I as las I CAL.IFORMA PEGASUS 13 ***** 30S
      1,341 words

  • Page 29 Advertisements
    • 1755 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES 323 3313 DOCUMENTATION TEL: *****64 FAX: *****09 BOOKINGS TEL: *****80/*****81/*****82 CFS (PSA F5) TEL: *****21/*****79 JARDINE SHIPPING AGENCIES SDN. BHD. PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 Dedicated to Quality Service penang tel: *****4 fax: *****1 cfs tel: *****6 IPOH TEL: *****3/4 FAX: *****6
      1,755 words
    • 473 29 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 UASC/I ARAB SHIPPIHG CO£AG)IIm To US Ea»t Coa«t mm r" s I wc b* im i U UMMN4 MOM 11/S IVI IS 14/4 M/« nas mm m» a/i a/% in to m mm mwm v% m/ 4 M/ 4 lit% w/i M.
      473 words
    • 1220 29 EUROPE IMPORTANT ANNOUNCEMENT WITH THE ADDITION OF OUR NEW SERVICE BETWEEN SINGAPORE AND EUROPE, MAERSK NOW OFFERS MORE CLOSINGS than any other line: CY: EVERY MONDAY 0200 HRS CFS: EVERY SUNDAY 1800 HRS TUESDAY 0700 HRS MONDAY 2300 HRS THURSDAY 1200 HRS THURSDAYO4OO HRS SATURDAY 0800 HRS FRIDAY 2400 HRS
      1,220 words

  • Page 30 Advertisements
    • 1523 30 AOABA R OAM/ LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) S TON H'BURQ A WERP HAVRE WEST MALAYSIA KAGA 29/117 S/5 22/5 25/5 23/5 Port Kfltang. Peoang LUDWIGSHAFEN EXPRESS 07/317 8/5 17/S 23/5 26/5 29/5 31/5 2/6 Pasir Gudang KASUGA 1 26/118 13/5 29/5 1/6 30/5
      1,523 words
    • 596 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam t Mongolia t Hungary CSFR Poland ocT<s>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel BTA UM VILLE DE
      596 words
    • 1464 30 raaroif ifl uvs REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* VAL^LH/^»!AII^BRE!^RO^^AI*T^FE^| 93 iJ;2, 11/05 01/0€ 02/06 03/06 04/06 06/06 07 w io/o« I 'i l 3 2°/°5 "/<* 12/0« 13/06 14/06 16/06 15/06 17/06 18/06 19/06 I 25/05 15/06 16/06 17/06 11/06 W O6 21 22/0« 23/06 I
      1,464 words

  • Page 31 Advertisements
    • 2015 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE BalllfflßlißMSMUßaWlttjililiMiiyiigH jgflgßgw (A service of china navkiadon co) CARGO DUE SAIS I RAJAH BROOKE VI2E Mum lab 05 tO7 Mjy 05 May OS May FCL. LCL CONTAINER ANO
      2,015 words
    • 2395 31 m SINGAPORE AGENT: IJCy'l PAO Containers (Singapore Agencies) Pte Ltd W V 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Te4; 225 2233 TeJex RS ***** pnocSP Fax: 225 5327/222 7517 v CR Number: **********0Z EXPORT IMPORT VESSEL VOT pPNO -PKG SM ALO SOU ANT HOT MAM VESSEL
      2,395 words

  • Page 32 Advertisements
    • 757 32 PE99 r IWWWB ffi s w Km HM HMt ~BWMtn| Wlimp I wmm ~WW 6-9/5 SJ 8/6 10 6 14/6 TO m>- FUtXCOttTAINEft EAST COAST PORTS «l VOT S POIIt STD Mtlß j~BWS Ktt MKI jjgo iatakama m 9/S 11/5 22/s »/s MOO MBTMUA 44S 21/S 20/5 S/6 l/l 2
      757 words
    • 2077 32 0 HANJIN SHIPPING FDR *SL S»T~| L«C HAUL SEA PO* FOR VSL S« ILME HAUE SAV HM NYC HANNN TONGHAE 100E 6 5 DKCT 27/5 "AIUW IONGHAE 1001 6/5 H HONGKONG 0391 10/6 13/« HANJIN ROTTERDAM 022E 13/5 ORECT 3/t 5/6 HAWK ROTTERDAM 022E 13/5 M EWOK 007E 17/« 18/6
      2,077 words
    • 1419 32 Im SGP KSC W£ US TO «T OS* NET JN2 ITO I*l CMS Ml NYC LH» «W KW I I ONTU KM 4/5 «5 10/S 12/S l«/ 5 17/S 1«/S 20/S 21/S 22/5 24/S 4/6 It i 11/( 19 4 29/4 JO/4 1/7 2/7 J/7 H/7 23/7 27/7 21/7 E
      1,419 words

  • Page 33 Advertisements
    • 1708 33 ll lIpLEASE CALL 'NEPTUNELINK (1800 *****00 TOLL-FREE) II II M ll for the following information: Hi II 532 mUII VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ |1 FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ ■I jr II AVAILABILITY OF DOCUMENTS FOR COLLECTION H SINGAPORE CALIFORNIA EXPRESS (SCXf 1 I ITO PltfW- USA fNLAND POINTS I
      1,708 words
    • 1064 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—OSCHAftQNG WESTBOUND—LOMXNG TRAICHFPED VIA
      1,064 words

  • Page 34 Advertisements
    • 1580 34 44 v AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CK No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 W *mi MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHO B I I J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 JL A A INDONESIA: P.T. SARANA LAUTINTERNUSA.
      1,580 words
    • 1121 34 r-MfSS PHiu omtNT lincs PU LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE I 8 MAY SYDNEY, MELBOURNE. BRISBANE, FREMANTLE 12 MAY AUCKLAND. WELLINGTON, LYTTLETON, NEW PLYMOUTH. NAPIER,
      1,121 words

  • Page 35 Advertisements
    • 997 35 PACIFIC INTERNATIONAL LINES (PTE) LTD J I 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I I CR NO **********06 mrrwTTTm VESSEL VOY BIN BKK SIN |-j VESSEL VOY STR JKT SST EQUATOR HAWK 90N >®' 9 SIAM BAY 24N 8/5 9/5 13/5 KOTA INOAH 3291 9/5 12/5 19/5 i
      997 words
    • 1692 35 MEDITERRANEAN FAR EAST SERVICE (A MEMBER OF THE MED CLUB) EXPORT: TO MEDITERRANEAN IMPORT: FROM MEDITERRANEAN VESSEL NAME VQT SM P« BCN TPS ITSPE TIB VESSEL KAMI VOY ISM HIG TKY NA6 KOBE KEE GREAT RiZAI 32/SI7 OVO4 19/05 22/04 24/05 28 05 30/05 NUOVA IWSTt 01/415 09/05 SK» »r
      1,692 words
    • 315 35 °BSA° TRANSPORTATION MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore PKI| Pen P.Gd| MEftGU VIISW 09/11 Ma, HP* AN Vl9o* 14/17 Ma, 9/11 May PAGAN VI97W 13/16 May AVA VI22W 14/16 May MAUTSM AGENTS BOUSTEAO SHPPMG AGENCES KUI Ta 03-*****00 PKL: TU 03 )*****7 rat TU
      315 words



  • Page 38 Advertisements
    • 2397 38 Full Container Liner Services Malaysia's Agents: Indonesia 's Agents: General Agents: Booking Agents: Gitan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping P#6 Ltd Shipping Freight Booking Centre Sdn Bhd 58 Pernaran Raja Mud a Musa Lot 3.34. 3rd Floor. JI IR
      2,397 words

  • Page 39 Advertisements
    • 723 39 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 10/05 ROTTERDAM 10/05 AARHUS/COPENHAGEN 10/05 10/05 MARSEILLE/FRANCE 06/05 I FELIXSTOWE/UK 06/05 BARCELONA/SPAIN 06/05 LEHAVRE/FRANCE 10/05 GENOA/ITALY 08/05 ANTWERP/BELGIUM 07/05 LOS ANGELES/WC/IPI 09/05 SYDNEY/MELBOURNE 07/05 NEW YORK/EC 06/05 FREMANTLE/ADELAIDE 06/05 VANCOUVER 12/05 BRISBANE
      723 words
    • 771 39 t^^^ucHHEunEKi^ TEL: *****33 (12 Lines) I—* FAX: *****15/*****03 yrij TELEX: RS ***** RISHIP (3 Lines) PIS ETHIOPIAN SHIPPING LINES (National Lines ot Ethiopia> ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA ILOADING FOR SPOKE ABYOT 32W6 06 06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 30WB 30 06 OAHESSALAAM MOMBASA DJIBOUTI
      771 words
    • 667 39 JAKARTA BANGKOK i Vtsgl 1 VOY sm KT iISSD. VOY SWGAPORE BAW6KQX GURU BHUM 149S In Pt »/5 G KOfINIStV 25N h Pt 5/5 Sat 4/5 BRA BHUM 01S 7/5 wl MAHA BHUM 156N In Pt 5/5 Sun 5/5 I HAN A BHUM 29S 4/5 12/5 NANIA BHUM 140N Sal
      667 words
    • 337 39 I Bgagifl PgR-LinE BAY OF BENGAL SERVICES KSSfI VOT SM MAt s» TKU MttOf) 6W <*-#7/05 13-14/ M 2*-21/05 TKU SIM 66N 12 13/05 19 29/K 26-27/05 CAPE BONAMSIA »411 IS 17 05 23 24 05 30 31/05 Tlgß BRC6E W 2324/05 H-31/05 OM7/K VESSEL DOT SJN CM. SM ACKERS
      337 words

  • Page 40 Advertisements
    • 1588 40 pkAfIMN CONTAINER LINES I ~f\~/\"l A fl entB: MAC-NELS SPORE: *****22 (24 LINES) V J\y J C/R No: **********06 PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/UKC/MED PORTS PEN PKL SIN TUE/THU/SAT PEN PK SIN 6/5 7/5
      1,588 words
    • 228 40 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML LYT SM PROSPECT 24S 15/5 28/5 30/5 15/6 N Z STAR 7S 25/5 6/6 8/6 25/6 PREMIER 24S 8/6 21/6 23/6 8/7 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL L LCL FOR NEW
      228 words
    • 1011 40 THONG SOON LINES PTE. LTD.I 77 ROBINSON ROW) #15-00. #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO BOOKINQ LINE: *****68 VESSEL voir""" S'PORE PEST VESSEL IvQT IS POIE [PEST """I EQUATOR 111 87/3E 05 MAY KUCHING EQUATOR ROYAL
      1,011 words

  • Page 41 Advertisements
    • 818 41 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCtPIHG BREAKMAK SOC CARGOES TO; FROM KOK. YOKOHAMA. NAGOYA, HON. TOKYO*. MANM* DA*AO* Penanf" P. Kelang Singapore E'Msia* SHAPtAEVERETT VISE 11/12 May IVYEVERETT V4E 13/14 May KAMALEVERETT VI6E 31/01 Jun ACCEPT**; BREAKBU.K FCI SOC CARGOES TO/FROM OtTTAGONG. CALCUTTA AND MONGLA*. Smtapore P. Kelanj
      818 words
    • 328 41 Pt GLORY NAVIGATION GROUP to REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO:**********0W SP PKL PNG KAO GLORY SELATAN VII 3/5 4/5 24/5 GLORY SELATAN V 2/5 7/5 8/5 18/5 SP PKL HCM HK KAO GLORY SELATAN IX 3/5 5/5 ACCEPT
      328 words
    • 679 41 PGSL WORLDWIDE PANAMA -GLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 v Connecting Feeder to Shantao LIAN BO NO 9 Fl WE HV LEASING CONTRS FOR RENTAL n SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL
      679 words
    • 455 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN /ESSEL SIN DURBAN P ELIZABETH SIN ENGHANGSMAN V5O 51 19/05 05 06 08/06 26/06 ■UYUSHAN V 44/45 04/06 20/06 23/06 11 /07 ALSO ACCEPTING TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MOS SIN TIGER ARROW 6SN
      455 words
    • 366 41 SIN FAR EAST 11/5 KEELUNG/KAOHSIUNG 8/5 BANGKOK 10/5 MANILA/CEBU 9/5 JAKARTA/BELAWAN/SURABAYA 10/5 PORT KELANG/PENANG/E. MALAYSIA 8/5 BUSAN 8/5 TOKYO/YOKO/KOBE/NGO/OSA 9/5 HONG KONG SIN CHINA 9/5 GUANGZHOU/HUANGPU/SHENZHEN F UZHOU XIAMEN SHANTOU SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 10/5 LDN/FLX/LVP/SOU 10/5 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland'Bulgaria/Czech.
      366 words

  • Page 42 Advertisements
    • 691 42 HONG KONG/CHINA 10/5 17/5 JAKARTA 7/5 15/5 BANGKOK 12/5 19/5 MANILA 7/5 15/5 BUSAN 10/5 17/5 KEELUNG 8/5 15/5 TOKYO/KOBE 7/5 14/5 KAOSHIUNG 11/5 18/5 PORT KELAN6/PENAN6 7/5 14/5 YOKOHAMA 7/5 15/5 COLOMBO 8/5 15/5 FELIXSTOWE/HAMBUR6 8/5 15/5 CHITTAGON6/MAORAS 12/5 19/5 ROTTERDAM/LE HARVE/ANTWERP 8/5 15/5 BOMBAY/KARACHI 10/5 17/5 BARCELONA. MARSEILLES.
      691 words
    • 505 42 Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 12TH MAY ACCEPTING TO ALL NEW ZEALAND PORTS BANGKOK 08 MAY JAKARTA 08 MAY PENANG 13TH MAY PORT KELANG 13TH MAY FREMANTLE 13 MAY MELBOURNE 08 MAY BRISBANE 08 MAY SYDNEY 08 MAY j*ACCEPTING TO AIL SCANDINAVIA PORTS KARACHI 09 MAY BOMBAY 09
      505 words
    • 399 42 This Week's Sailings Singapore I 7 T FIRST FORM ARDER IN To: ETD To: LTD asia auarufd Singapore Singapore W 90§2 B\ >JtQA FVFRY muv Bangkok SUN Hamburg SAI i qbii EVERY EVpRY Manila SUN HoChiMinh FRI fsfPjSlljLl EVERY EYERY vMX# LEsJ Colombo TUE Los Angeles SUN xgoggx I l|
      399 words
    • 224 42 0 NIPPON EXPRESS Arrow International (W orldw ide Consolidation System) WEEKLY TO: TOKYO/YOKOHAM.VNAGOY.VkAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHyNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L, BANGI. SHAH AHM ARROW EXPRESS BONDED CONSOLIDATION Depart
      224 words

  • Page 43 Advertisements
    • 1303 43 VESSEL/VOYAGE SINGAPORE DURBAN PORT ELIZABETH CAPE TOWN HAKATA V9332F 30/4 12/5 14/5 16/5 ORANJE mm 9/5 21/5 23/5 25/5 HAYAKAWA MAW) V%6Bf 19/5 31/5 2/6 4/6 VAAI V9760F 29/5 10/6 12/6 14/6 WEDLLOYD COLOMBO V9865F S/6 20/6 22/6 24/6_ OSAKA mm V9970F 1», 6 30/6 2/7 4/7 HAKATA V9333F 21/6
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    • 65 43 "BANGKOK" P.A.T. KLONG TOEY PORT ETA ETA VESSEL VOV SIN BANGKOK NANTA BHUM UON 08/05/93 12/05/93 MAHA BHUM 157N 12/05/93 16/05/93 NANTA BHUM 141N 15/05/93 19/05/93 MAHA BHUM 153N 19/05/93 23/05/93 (MAHA BHUM IS A FULL THAI FLAG VESSEL) ETA ETA ETA VESSEL VOY SIN MANILA CEBU AKA BHUM 124
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    • 113 43 JllfßrgT CRYSTAL FREIGHT SERVICES PTE LTD B B TOLL FREE LINE *****88 jo* MA|N LINE: msaM ASIAM PORTS MEW ZEALAMP/ABSTIAUA EIHIOPE RAMfKOK Q/S 1-*/* AUCKLAND 7/5 ANTWERP 9/5 Rn<iAN 19/ C 13 ADELAIDE 13/5 FELIXSTOWE 7/5 SnXirKnur, 7/s 19/s BRISBANE 7/5 HAMBURG 9/5 Vakarta 7/5 FREMANTLE 13/5 ROTTERDAM 9/5 SURABAYA
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  • Page 43 Miscellaneous
    • 309 43 TODAY'S TIDES (height in metres) HOUR 0000 0100 0?00 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 tt 24 19 1.3 OS 05 04 05 09 1.6 2.3 2.7 2S 2.6 22 1.6 1.1 OS 0.7 OS
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  • Page 44 Advertisements
    • 423 44 Ewood line SOUTHERN AFRICA SERVICE SPORE PI i)BN CT *WNTA ***** 6/5 19/5 »/5 3/6 'ALSO CALLS E.L. AMD P.E. PK BEAFIX SHIPPING SON BHD TEL 367 5523 TLX. ***** K.K.: CAPRICORN FREIGHT SERVICES TEL 213 202 TLX. IIW SECIL MARITIMA, U.E.E. alpf Luanda, Angola. FAR EAST/ ANGOLA SERVICE SPOK
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    • 462 44 A RBHHb EES FREIGHT SERVICES PTE LTD rj #01-60 Wallich Building, Singapore 0207 ■IB 3 fl| Tel: *****66 (10 Lines) Fax: *****69/*****44 AIRPORT OFFICE: *****11 *****13 (FAX) IMPORTING FROM USA WE PROVIDE WEEKLY SAILINGS WITH FAST TRANSIT TIMES AND LOW INLAND RATES ENQUIRIES: SHIRLEY/ZAINAB/ROGERS CONTAINER LINE, LTD. CHICAGO NEW YORK
      462 words
    • 535 44 CROSS WATER I KN> OFFICE: 211 Sf RANGOON ROM) #06-00 SEIMGOOM BUR.DBG S(0I21) WAREHOUSE (OS): UK 37 #04 25/26 It PAGM FREKHT STITCH TO. *****05 ■=n M I PT KELANG/PENANG I 2/5 ■;iddßll!reyi;f-f«]!t^TinTgiM~47s~ I TOKYO/YOKOHAMA I 8/5 teQMazaannHHKiZE I BUSAN 1 30/7" ■•M g«1 MaTs I USA I 2/5 ■li;#i=*U=Tm—^^^MeTs
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    • 91 44 WORLDGATE EXPRESS LINES PTE LTD 7 W N Tel: *****11 Fax: *****73 Telex: ***** WGATE NEXT VESSEL CONSOLIDATION TO ■OM 9/5 DUBAI —12/5 COLOMBO 9/5 KEELUNG 12/5 PORT LOUIS 13/5 HONG KONG 9/5 CHITTAGONG 14/5 KAOHSIUNG 8/5 CALCUTTA 8/5 BANGKOK 12/5 MADRAS 10/5 PKG 9/5 KARACHI 9/5 JAKARTA 9/5 BUSAN
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  • Page 45 Advertisements
    • 841 45 I HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOY I PNA I PKE I PGP I VESSELS ioT SIN HTM ANT* LEW HAM BREt fa HMM ADVANCE 16A 04/05 05/05 06/05 H. EXPLORER 305W 09/05 28/05 28/05 29/05 30/05 30/05 01/06 MM ADVANCE 17A 11/05 12/05 13/05 H.
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    • 488 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY UETS INBOUND VESSELS KISi HI V N IK U met m i in us n/s i/s RLSMB II 11/5 II S RBU 15/5 cosrbc cbaiiebcm zs us U/S omui us COSMC MASTER 21 U/S 11/S TIRMK EMS 27 U/S MAJKt OCEAN Ul
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    • 939 45 JEDDAH/UK/CONTINENT [STORE to STON H-BURC RDAM LEX Abe Accq** C«p Far RASA 25/117 l/S 23/S 21/S 2t/S Soulhimptor to al UR tfntrjtai. BHlnt Oubbi LUMGSMAFEN (XPRESS 07/317 l/S 17/5 21/S 25/5 31/5 2/1 Ratterto* :to Aohm*. Amtorttom. o*. HMi RASUGA I 21/111 12/5 21/5 1/1 3/1 S«Nw*« :tod UR dntoulan.
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  • Page 46 Advertisements
    • 5 46 IP7echnBL6@Y*l Tomorrow in Business Times
      5 words
    • 45 46 TECHNOLOG Tomorrow in Business Times I Hie best Business Class to Europe? Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. know the world from start to Finnish.
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