The Business Times, 21 May 1993

Microfilm: NL18528
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE BusinessTimes MITA (P) 552/12/92 Friday May 21 1993 WE KAOW ASIA 75*
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  • 2am LATEST
    • Article
      Lock icon Clinton opposes plan to dump energy tax
      68 1 Reuter WASHINGTON US President Bill Clinton said he opposed a plan by two Senate Democrats from oil and gas states to drop a proposed energy tax and instead cut health care and Social Security benefits to reduce the deficit. He said the proposal
      Reuter  -  68 words
    • Article
      Lock icon Ukrainian prime minister resigns
      60 1 Reuter KIEV Prime Minister Leonid Kuchma tendered his resignation after conservatives criticised his market reforms and Ukraine's president proposed constitutional changes which would eliminate his job. Mr Kuchma, 55, took office last October and set about trying to make up for a year of inaction, introducing
      Reuter  -  60 words
  • Article, Illustration
    MARKET SUMMARY
    119 1 Stock market indices Thursda) Change Sril 1,876 40 -0.21 KLSE Composite 735.11 4 5.68 Nikkei 20.330.39 -50.40 Hang Seng 7,118 96 +25.08 SET Index 865.61 -7.91 Jakarta Composite .closed CLSA China B 1. 190 32 -37 08 Ami All Ord 1.684 2 +16 FTSE 100 2.816.8 -2 9
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  • Article, Illustration
    HK's top businessmen call for closer China links
    614 1  -  From Stephen Vines in HONGKONG SOME OF Hongkong's most prominent business leaders yesterday published a wideranging report billed as a bold vision for the future of Hongkong. The report outlined strategic economic planning objectives for the next 10 years, including ways in
    614 words
  • Article
    Turnover on Singapore stock market hits new high
    123 1 SINGAPORE Frantic speculation in Malaysian counters drove the Singapore market's aggregate trading value to a record $798.96 million yesterday. Clob International counters, comprising mainly Malaysian stocks, accounted for 355 million units worth $481.5 million or three-quarters of the combined market trading volume
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  • Article, Illustration
    Biscuit tycoon Pillai slapped with another 22 charges
    579 1  -  By S N Vasuki SINGAPORE Biscuit tycoon Rajan Pillai's legal woes took yet another turn for the worse yesterday. lie was charged in court on 22 counts of making unauthorised payments totalling U554.69 million (557.6 million) from his Singaporebased holding company, Britannia
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  • Article
    China and Russia to be invited to join regional security forum
    315 1  -  By Chuang Peck Ming SINGAPORE China and Russia will soon be invited to join a regional security forum kicked off yesterday by senior officials of Asean and its dialogue partners. The officials agreed that Beijing and Moscow, being big
    315 words
  • Article
    S'pore to see if new rules needed to curb property speculation
    556 1  -  By I Lilian Ang SINGAPORE The government yesterday said it is "monitoring the real estate market situation and will consider whether changcs to rules arc necessary" to curb rampant property speculation. A National Development Ministry spokesman said this in
    556 words
  • Article
    S'pore sends four helicopters and 62 SAF servicemen to Cambodia
    251 1  -  By Harish Mehta SINGAPORE Four Super Puma hclicoptcrs and 62 Singapore Armed Forces (SAF) servicemen were despatched to Cambodia yesterday to assist in the implementation of the United Nations-supervised elections there. The SAF team, all regular servicemen, is expected to
    251 words
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      161 1 r CONTENTS News Companies S pore News 2 S pweH aa ....9.10.11 legtonal News 3.4.5 Financial 1213 World News 7.8 Features Markets Analysis 25 Ctob/RISE. SES 17,18 Editorial 24 Regional 15 Sports 19 World 16 TV Lifestyle 21 Currencies 13 Regional Focus 6 Srniex Commo 13.14 Subscription Tel 1800-*****77 Fax
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      18 1 Advertising Marketing Inchcape to open Hello Boutique Pg 22 Malaysian brokers set for a bumper year, Pg 9
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      23 1 Hock Lock Siew Key to Jardines survival Pg 9 China and Britain agree on three HK deals. Back Pg More reports. Back Pg
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      79 1 The Bottom Line /yy Ja/km j***& China-watcher sniffs more than a cold i smell a rat,' said a political commentator in Hongkong who watches China, 'but I am not sure what kind it is.' #See Back Page V "v"- "-'z X •-< Site iij M L. BSi 1 Wk. a.
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      Page 1 Advertisements Column 5
      26 1 [*B«tych group TRANSPORTATION Li WAREHOUSING SPECIALIST SINCE 1955 YOUR PARTNER IN TOTAL LOGISTICS CALL: 862-2828 (20 LINESp^ FAX: 861-6366 Doing their loved ones proud, Pg 2
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Domestic consumption still strong
        296 2  -  By Rahita Elias THE volume of general cargo discharged at Port of Singapore Authority terminals grew 22 per cent to 17.8 million tonnes in the first quarter of this year. In March alone, 6.41 million tonnes of general cargo containerised and conventional were discharged, or about
        Source: Port of Singapore Auttority  -  296 words
    • Article
      SIA, CPA, MAS unveil frequent flyer scheme
      415 2  -  By Juliette Walker SINGAPORE Airlines. Cathay Pacific and Malaysian Airline System yesterday unveiled the nitty-gritty of their joint frequent flyer programme called Passages. Come July I, the Singaporebased joint venture company Asian Frequent Flyer will officially launch its passenger loyalty scheme in Hongkong.
      415 words
    • Article
      Study shows lack of trust between public and private sectors
      306 2  -  By Genevieve Cua THERE is a perceived lack of trust between the public and private sectors, and this is a problem as both sides try to decide how to work together to help companies invest overseas. This problem of lack
      306 words
    • Article, Illustration
      GST: Postponed accounting system suggested for exporters
      432 2  -  Specialist offers advice on easing cashflow impact By Anna Teo ONE WAY the cashflow impact of the Goods and Services Tax (GST) on exporters can be eased is to adopt what's known as the "postponed accounting system", an international value-added tax (VAT) specialist
      432 words
    • Article, Illustration
      Doing their loved ones proud
      158 2 YESTERDAY'S send-off for Singapore Armed Forces servicemen bound for Cambodia was not only a military affair. The families of the SAF men were out in full force too. At the ceremony. Defence Minister Yeo Ning Hong presented the state flag to the Singapore team leader,
      158 words
    • Article
      Sold for $2.3m: 18,814 sq ft plot of freehold in Hillview
      218 2 JONES tang Wootton sold an 18,814 sq ft freehold site in the Upper Bukit Timah area for $2J million at an auction yesterday. The site, in Jalan DermaHan in the Hillview area, has been approved for construction of a
      218 words
    • Article
      Suzhou township likely to be S'pore's flagship project in China
      417 2  -  Round-up of PPM Ong Tcng Cheong's visit to China From Yong Pow Ang in GUANGZHOU SINGAPORE Deputy Prime Minister Ong Teng Chcong's two-week visit to China, which ended yesterday, has raised the odds in favour of the proposed Suzhou township
      417 words
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      Page 2 Advertisements Column 1
      75 2 Protect Your Computer Investment. Buy An Epson. EPSON Includes deluxe accommodation, full American Breakfast, free shuttle service to World Trade Centre, 24 hour hutler service, complimentary newspapers and in-house movies plus full use of the Beaufort Sports Centre. Isn t it ahout time you spent a few days with us?
      75 words
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  • THE REGION
    • Article
      Japanese investment in China not at expense of Asean, assures Tokyo
      741 3  -  By Yang Razali Kassim SINGAPORE Asean has been receiving an increasing share of Japan's direct foreign investment over the past seven years. At the same time, the fast-expanding economy of China has been absorbing a growing, albeit competitive, share
      741 words
    • Article
      Lock icon Build homes for poor, not golf courses, urges Indon minister
      239 3 Reuter JAKARTA Indonesia's housing minister has urged golf coursc developers to build homes for the poor instead. Antara news agency yesterday reported Akbar Tanjung's comments, the latest in an increasingly emotional debate. Golf courses have been singled out as the
      Reuter  -  239 words
    • Article
      Lock icon Foreign firms keen to set up shop at Clark
      332 3 UPI MANILA At least three foreign firms have expressed strong interest in setting up shop at the volcano-damaged former US Clark air base. Arsenio Bartolome, head of an agency trying to convert Clark into an industrial centre, said the government has
      UPI  -  332 words
    • Article
      Lock icon Nobel laureates to urge Clinton to take strong stand on Myanmar
      273 3 AFP WASHINGTON Several Nobel peace prize laureates will urge President Bill Clinton to take a strong stand on Myanmar and push for an international arms embargo against Yangon. The Yangon regime was as guilty of ethnic cleansing as Serbs
      AFP  -  273 words
    • Article
      Lock icon Pigeon found in KL may have flown from Tokyo
      142 3 AFP KUALA LUMPUR A bird lover found an exhausted pigeon which Japanese officials said might have flown from Tokyo to Malaysia's largest port south of here. "It may be a pigeon belonging to a racing-pigeon group in Japan." said Kiyoaki Fujiwara,
      AFP  -  142 words
    • Article
      Lock icon Divided Thai opposition files two no-confidence motions
      249 3 AFP BANGKOK Thai opposition politicians, split over how to attack the government of Prime Minister Chuan Leekpai, have filed two no-confi-dence motions. News reports yesterday said the Chart Pattana (National Development) party, which has 60 seats in the 360-seat Parliament. and four smaller
      AFP  -  249 words
    • Article
      Proposal for global meeting on Cambodia after polls
      206 3  -  Ascan regional security talks By Chuang Peck Ming SINGAPORE Asean and its dialogue partners have suggested an international meeting after the Cambodian election to consider ways to help keep order in the troubled Indochinese country. Disclosing this yesterday, after a day of
      206 words
    • Article
      Spreading the cost of maintaining safety in Malacca Straits
      294 3  -  By Loh Hui Yin SINGAPORE Countries other than the littoral states of Singapore, Malaysia and Indonesia can help shoulder the responsibility of maintaining maritime safety in the Strait of Malacca. The suggestion was raised yesterday at a two-day conference here on
      294 words
    • ASIA NOTES
      • Article
        Lock icon China raps confirmation of fighter sale
        101 4 Bloomberg Business News BEIJING China has condemned Wednesday's confirmation by Paris of plans to sell Mirage fighter planes to Taiwan and called for the French government to take steps to improve relations. Chinese President Jiang Zemin said he hoped ChineseFrench relations could return to
        Bloomberg Business News  -  101 words
      • Article
        Lock icon Japan's industrial output rises 2.5pc
        85 4 AFP TOKYO Japan's industrial production in March rose 2.5 per cent from the preceding month but fell 2 per cent from a year earlier, the International Trade and Industry Ministry said in a revised report yesterday. The report said that ex-factory shipments in March increased
        AFP  -  85 words
      • Article
        Lock icon HK exports for outward processing up
        77 4 Reuter HONGKONG Hongkong exports to China for outward processing were worth HK538.24 billion (SsB billion) in the fourth quarter of 1992, up 22 per cent over the same quarter of 1991, Census and Statistics data showed. The value of domestic exports to China for
        Reuter  -  77 words
      • Article
        Lock icon Australia criticises US trade stance
        67 4 Reuter CANBERRA Australia yesterday criticised the US for blocking market access for a range of Australian commodities while at the same time promoting global trade liberalisation. Australia was concerned about fair access for its sugar, beef and other agricultural goods. Trade Minister Peter Cook said.
        Reuter  -  67 words
      • Article
        Lock icon Proposal to dredge Mekong River
        61 4 Reuter BEIJING Experts from China, Laos, Myanmar and Thailand have proposed to dredge the Mekong River to allow navigation of 300-tonne ships by the end of the decade, the Xinhua news agency reported. Experts from the four countries proposed joint development of navigation in a
        Reuter  -  61 words
    • Article
      Lock icon Seoul Parliament passes ethics Bill to fight corruption
      217 4 Reuter AFP SEOUL South Korea's Parliament yesterday passed an ethics Bill to aid President Kim Young Sam's drive to stamp out corruption in public office. "The law ratified in the plenary session of the National Assembly today will provide legal grounds for
      Reuter; AFP  -  217 words
    • Article
      Lock icon China's currency will inevitably become convertible: Zhu
      408 4 AFP TORONTO China's vicepremier for international trade. Zhu Rongji, has said he believes it is inevitable that his country's currency will soon become convertible. He recognised that while foreign investors were allowed to repatriate "reasonable profits" made in China, this was often difficult
      AFP  -  408 words
    • Article
      Lock icon Capital investment to hit new high
      282 4 Reuter BEIJING China's investment in fixed assets is predicted to reach a record one trillion yuan this year, exceeding state plans by a wide margin and 32 per cent above last year's already high level, the China Daily said. The state plan called for
      Reuter  -  282 words
    • Article
      Lock icon S Korea seeking nuclear talks with North
      157 4 Reuter SEOUL South Korea yesterday said it has proposed talks-about-talks with the communist North next week in a bid to persuade the isolated state to open its nuclear facilities to international inspectors. "We have sent a message to the North today offering to
      Reuter  -  157 words
    • Article
      Lock icon Beijing to encourage demobilised military officers to go into business
      327 4 Reuter BEIJING China will demobilise some 64,000 officers from its three million-strong army this year, double the number discharged last year. Personnel Minister Song Defu said in remarks published yesterday. The official China Daily acknowledged that keeping the military happy
      Reuter  -  327 words
    • Article
      Lock icon Taiwan's foreign investment up
      88 4 Reuter TAIPEI Taiwan's new foreign investment surged 24 per eent from a year earlier to US$43l million (***** million) in the first four months of 1993 because of a big rise in capital flows to the US. Investment in the US climbed 385 per cent to
      Reuter  -  88 words
    • Article, Illustration
      Lock icon Kuomintang lets party's firms invest in China: report
      481 4 Reuter AFP TAIPEI Taiwan's ruling Nationalist Party has decided to allow companies in its large business empire to invest in China, a newspaper reported. The Economic Daily News quoted unnamed officials as saying the party, which has long prohibited investment in China
      Reuter; AFP; Reuter photo  -  481 words
    • Article
      Lock icon Canadian govt adviser voices support for Apec
      326 5 Group endorsed as vehicle for promoting free trade area AFP CANBERRA The 15-nation Asia-Pacific Economic Cooperation group (Apec) was warmly endorsed by a key trade adviser to the Canadian government yesterday as Ottowa's "vehicle of choice" for the promotion of a Pacific region
      AFP  -  326 words
    • Article, Illustration
      Lock icon Air links for India and Vietnam
      142 5 AFP HANOI Vietnam and India signed here yesterday an agreement to allow direct flights linking Hanoi and Ho Chi Minh City with New Delhi and Bombay. The agreement was signed by Nguyen Hong Nhi, the di-rector-general of Vietnam's Civil Aviation, and Indian Ambassador Surinder
      AFP  -  142 words
    • Article
      Lock icon Drug money threatens Pakistani economy, say experts
      210 5 Reuter ISLAMABAD Pakistan's economy faces growing domination by heroin earnings that could turn the country into a Latin American-style drugdominated republic, drug experts said. The final report by local and foreign experts at a gov-ernment-sponsored drug abuse conference in Islamabad warned of the
      Reuter  -  210 words
    • Article
      Lock icon Two Japanese Cabinet ministers threaten to quit
      340 5 UPI TOKYO Two Cabinet ministers threatened to resign on Wednesday if Prime Minister Kiichi Miyazawa fails to implement political reforms, sources told the Kyodo news service. Mr Mamoru Nakajima, director general of the Science and Technology Agency, and Hajime Funada, director general of
      UPI  -  340 words
    • Article
      Lock icon Sri Lanka's president restores constitutional power to ministers
      307 5 Knight-Ridder COLOMBO Sri Lanka President Dingiri Banda Wijetunge took another step towards shedding his predecessor's authoritarian powers by restoring constitutional power to his ministers, the government said on Wednesday. "I expect ministers to take full responsibility for all activities in their respective
      Knight-Ridder  -  307 words
    • Article
      Lock icon Rao to focus on trade during Central Asia visit
      187 5 AFP NEW DELHI Prime Minister PV Narasimha Rao leaves on Sunday for Central Asia on his first visit to two former Soviet republics since the breakup of the union in December 1991, officials said here yesterday. Mr Rao's landmark trip to
      AFP  -  187 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      77 3 CONVWSAnONS I RAFFLES There's a vast over-supply of brokers in Singapore. sort who can build a long-term quality institutional broking business, that's gold dust. ASK GOH YCW UN. of G K Coh Holdings, started stock-picking when 988 Ae m»s 72. He talks about the stote SI of Singapore's broking industry.
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      Page 3 Advertisements Column 2
      138 3 Bottom Line, Back Page The rare perfection of Patek Philippe at The Hour Glass. mjr. m/ ■rr^ «>*. .> w.... m a should m/[ quisite features that hallmark be a relaxed and each Especially you're collection. considering the rare per- ourselves as connoisseurs. And Patek Philippe, our customers The Hour
      138 words
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      Page 4 Advertisements Column 2
      197 4 O O Hie Write Qift Witt (Be Long Remembered. *W4th the gift of Caran d'Ache writing instrument, a business relationship is truly confirmed. Few things are more personal than an elegant Caran d'Ache writing instrument. But at the same time few things are more practical. After all, the first rule
      197 words
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      113 5 FOR $18 0, AIR FRANCE WILL CONNECT EUROPE FOR YOU. iiHiHHni^^-, 2. tL.jjgslPv. a» HJ r arXTiJBL MTBin' ha ii^^MTiT»rr^ =^^J h -'-*< aHpS A-^^? M ffff^^g^^BgigSg3E>''^ EURO-FLYER PASS -THE NEW, EASY AND ECONOMICAL WAY TO SEE EUROPE. With our Euro-Flyer Pass, you'll pay only SslBofor a single flight between
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Sihanouk — great survivor in uphill reconciliation struggle
      730 6 Sihanouk great survivor in uphill reconciliation struggle Cambodia AFP PHNOM PENH Gesturing towards a group of US secret service agents gathered for his protection. Cambodia's Prince Norodom Sihanouk once told a friend during a visit to New York: "The Americans thought they could destroy Sihanouk." His voice rising, he added:
      AFP  -  730 words
    • Article
      Lock icon Vietnam waits anxiously for outcome of polls
      600 6 AFP HANOI Vietnam, the former conqueror of Cambodia, is relegated to the role of anxious observer as Cambodians prepare to vote in elections that will affect the fate of both countries. Vietnam's primary concerns are the security of its border and the safety
      AFP  -  600 words
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      264 6 r SCIOI3S The 1993 ENDEC Entrepreneurship Excellence Award Your Chance To Reward Entrepreneurial Excellence In The Singapore Business Community. The 1993 ENDEC Entrepreneurship Excellence award is nominate her/him for the 1993 ENDEC Entrepreneurship an annual award established by the Nanyang Technological The Presentation Excellence Award. Please mail or fax your
      264 words
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  • THE WORLD
    • Article
      Lock icon UK govt uses national interest to put pressure on Maastricht rebels
      394 7 Reuter AP LONDON The British government, encouraged by Danish approval of the Maastricht treaty, put pressure on rebels opposing EC union yesterday, telling them to stop risking the national interest. Speaking ahead of a crucial parliamentary vote yesterday that
      Reuter; AP  -  394 words
    • Article
      Lock icon British Gas expects to shed 1,000 more jobs this year
      300 7 Reuter AP LONDON British Gas pic expects to lose a further 1,000 jobs in 1993 as a result of ongoing cost-cutting efforts. Chief executive Cedric Brown told a press conference to announce the company's first quarter results yesterday that at
      Reuter; AP  -  300 words
    • Article, Illustration
      Lock icon Planting spuds is never fun
      46 7 Reuter PSKOV, Russia Two retired teachers pulling a plough to prepare the soil for planting potatoes in a Pskov area, near the Estonian border. Pensions only provide about US$4 (556.40) per month, not enough to rent a horse or tractor. Reuter
      Reuter  -  46 words
    • Article
      Lock icon US jobless insurance claims up by 7,000 in May
      197 7 UPI WASHINGTON The number of Americans filing new claims for unemployment insurance benefits rose by 7,000 to a seasonally adjusted 344,000 for the week ending May 15. The Labour Department said yesterday that the increase from the revised level of 337,000
      UPI  -  197 words
    • Article
      Lock icon Italian Socialist Party's top two leaders quit in protest
      222 7 AFP ROME The top two leaders of the Italian Socialist Party, executive secretary Giorgio Benvenuto and party president Gino Giugni. resigned yesterday to protest the inability of old party members to give new impetus to their movement. Mr Benvenuto, the party's
      AFP  -  222 words
    • Article
      Lock icon Russian central bank head wary about credit limit plan
      283 7 Reuter MOSCOW Russian central bank chairman Viktor Gerashchenko expressed reservations about a proposed monetary strait-jacket aimed at bringing the budget deficit and inflation under control, RIA news agency said on Wednesday. The agency quoted Mr Gerashchenko as saying Russia would not
      Reuter  -  283 words
    • WORLD WATCH
      • Article
        Lock icon IMF to give Russia US$1.5b
        121 8 Reuter NEW YORK Russia will receive US$l.5 billion (552.4 billion) in aid from the International Monetary Fund in the next few weeks in exchange for action to bring inflation under control, the i\'ew York Times reported yesterday. Citing IMF officials and advisers to Russia, the
        Reuter  -  121 words
      • Article
        Lock icon Competitiveness Act passed in US
        104 8 AFP WASHINGTON The US Ho&se of Representatives on Wednesday approved a Bill that would expand the government's role in making US industry more competitive. The National Competitiveness Act authorises US$l.54 billion (552.48 billion) in fiscal years 1994 and 1995 for programmes to aid private companies
        AFP  -  104 words
      • Article
        Lock icon UK Treasury seeks spending cuts
        118 8 Reuter LONDON Cherished social security benefits like subsidised dental care and free medicine for pensioners could be threatened as Britain's embattled Conservative government seeks ways of slashing public sector borrowing. In a blunt message, Michael Portillo, chief secretary to the Treasury, warned yesterday there would
        Reuter  -  118 words
      • Article
        Lock icon UK unemployment falls for 3rd month
        97 8 Reuter LONDON The number of Britons without jobs declined slightly in April by 1,400 to about 2.94 million, or 10.5 per cent of the workforce, the Employment Department reported yesterday. It was the third consecutive monthly fall in the provisional, seasonally adjusted figures and
        Reuter  -  97 words
      • Article
        Lock icon Fire shuts down Saudi refinery unit
        129 8 Reuter DUBAI A fire at a major Saudi oil refinery has caused part of the plant to be shut down, a senior refinery official said yesterday. Mike Hall, executive vice-president at the Jubail refinery, said the hydrocracker unit, which converts denser oil products into
        Reuter  -  129 words
    • Article
      Lock icon US now committed to reaching global trade accord soon: report
      376 8 IHT PARIS US President Bill Clinton's administration, after initially playing down the importance of breaking the stalemate in world trade talks, has become committed to reaching a global agreement as soon as possible. In a shift from Washington's earlier, nearexclusive
      IHT  -  376 words
    • Article
      Lock icon Turkish-Cypriots brace for sanctions over Nadir affair
      304 8 AFP KYRENIA, Cyprus Turk-ish-Cypriots are bracing for possible British sanctions because of the fugitive tycoon Asil Nadir, who jumped bail in Britain and fled to his native northern Cyprus. Reliable sources in the north said Britain could halt imports of agricultural goods, freeze
      AFP  -  304 words
    • Article
      Lock icon US Joint Chiefs of Staff warn against more military cuts
      653 8 NYT WASHINGTON The Joint Chiefs of Staff told Congress on Wednesday that the readiness of the American military to go to war could be jeopardised by continued reductions in spending. Without directly criticising US President Bill Clinton's plans to trim
      NYT  -  653 words
    • Article, Illustration
      Lock icon Man sexually harassed by female boss gets US$1m
      231 8 Reuter LOS ANGELES A man who accused his female boss of sexually harassing him has been awarded more than USSI million (551.61 million) in damages by a Los Angeles jury, his lawyer said on Wednesday. Cal-Spas Inc and its chief financial officer
      Reuter  -  231 words
    • Article
      Lock icon Afro-Americans, African leaders to attend summit
      450 8 AP ABIDJAN, Ivory Coast The governor of Virginia and the ruler of Nigeria. A congressman from Detroit and the president of Botswana. The Rev Jesse Jackson and His Excellency Omar Bongo, the ruler of Gabon. Those are among a few of the 4.000 people
      AP  -  450 words
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      Page 7 Advertisements Column 1
      516 7 I THE ORIGINAL MUSIC BOX average 1600 pins per cylinder) installed by nana. It wasn't long before this Music is o ingenious Swiss invention was charm of Reuge; the rest is the in demand throughout Europe. visual splendour of the hoxes N 1 7QA Muc k lo amazement themselves. Many
      516 words
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      746 8 vsalgif/ UNITED PULP PAPER CO LTD (Incorporated in tho Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Twenty-Sixth Annual General Meeting of the United Pulp Paper Company Limited will be held at The Conference Room, No. 20 Liu Fang Road, Jurong Town. Singapore 2262 on Wednesday.
      746 words
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      Page 8 Advertisements Column 2
      133 8 I |W i«k J I A J II 1 fij i Lease a Waterside apartment; get a 'Country Club' and the sea as well Enjoy complete recreation facilities, even as you admire the magnificient sea view from your elegantly fitted apartments. Appreciate the convenient location The Waterside is close to
      133 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Bumper year expected for Malaysian broking firms
      582 9 Reuter KUALA LUMPUR Malaysia's top retail stockbroker has reported a hefty 600 per cent jump in half-year profit and analysts say 1993 will be a bumper year for the industry as the local stock market continues to rage upwards. "Stockbrokers will do extremely
      Reuter  -  582 words
    • Article, Illustration
      Lock icon Stags net over 100pc profit from Compact Metal debut
      343 9  -  By Teh Hooi Ling SINGAPORE Stags had a field day yesterday, walking away with profits of more than 100 per cent on the debut of Compact Metal Industries (CMI) on Scsdaq. About 10.6 million CMI shares, equal to about twothirds of
      Source: Bloomberg  -  343 words
    • Article
      Powermatic results in line with its own forecast
      244 9 SINGAPORE The first fullyear results from Scsdaq-listcd Powermatic Data Systems arc in line with the company's forecast but below market expectations. Group net earnings rose 7.7 per ccnt to 55.86 million on a 12.9 per ccnt increase in turnover to 590.7 million.
      244 words
    • Article
      F&N Coca-Cola wins deal to pack Nescafe coffee for Taiwan
      213 9  -  B* Genevieve Cua SINGAPORE KAN CocaCola in Singapore has clinched a three-year contract to package Nescafe ready-to-drink canned coffee for the Taiwan market. The deal the value of which has not been revealed is with Coca-Cola Nestle Refreshments Taiwan. It
      213 words
    • Article
      Diversity is the embattled Jardine group's key to survival
      626 9  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Anybody looking for clues to the Jardine group's strategy need look no further than the latest Jardine Strategic Holdings annual report. Released last night, it contains these words from chairman Henry Keswick: "Despite
      626 words
    • Article, Illustration
      Automation specialist ERMS seeking Sesdaq listing
      400 9  -  By A J Leow SINGAPORE Local plant and warehouse automation specialist EK Mcchatronics Singapore Jus applied tor a listing on tmr second board of the stock exchange. ERMS chief executive director Yasuyuki Nomura yesterday said the company which is expanding into the region hoped
      400 words
    • Article
      Lock icon TRI plans to launch gateway operations in July
      167 9 Bernama KUALA LUMPUR Technology Resources Industries Bhd (TRI). which has been awarded the international global gateway licence, hopes to implement the first stage of the operations by July. TRI chairman and chief executive Tajudin Ramli said the first stage would involve voice
      Bernama  -  167 words
    • Article, Illustration
      Lock icon SUMMARY
      383 9 Source: Bridge Info Performance of SHI 'S index stocks May 20 Slock Lnl Seiw* lnd*\ vale (KM (actor ■mm <S> Tl S S Avimo 2 250 1 68 CAT 7.1(10 ■0 *50 5 ;<4 2**3 crcboi s -wo 0 200 4 02 -1 F&N i: 8oo -o ioo <4
      Source: Bridge Info  -  383 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          First Capital details use of issue funds
          76 10 SINGAPORE First Capital Corporation yesterday gave details on how it plans to use the proceeds from its rights issue and preference share issue. In a circular to shareholders, the company said that based on a minimum of $179.8 million raised from the issues.
          76 words
        • Article
          Lock icon Lion group submits Sabah Forest plan
          72 10 Bernama KUALA LUMPUR A group of companies within the Lion group, led by Amalgamated Steel Mills Bhd (ASM), has submitted to the Sabah government a privatisation scheme involving Sabah Forest Industries Bhd. ASM confirmed yesterday that the scheme had been submitted, but did not
          Bernama  -  72 words
        • Article
          Lock icon Pac & Orient projects 10-20pc growth
          74 10 Pac Orient projects 10-20pc growth Bernama KUALA LUMPUR Pacific Orient Insurance Co Sdn Bhd is projecting 10-20 per cent growth for this year, said executive director Ong Eng Soon. The company raked in gross premium income of Msl67 million (S$ 105 million) in 1992, 90 per cent of which was
          Bernama  -  74 words
        • Article
          IPC appoints two new directors
          34 10 SINGAPORE IPC Corporation has named two new directors. They are Sin Kwong Chong, assistant general manager of a Japanese multinational, and Teo Kiang Kok. a lawyer in private practice.
          34 words
        • Article
          Changes in Acma's shareholdings
          42 10 SINGAPORE Acma has announced shareholding changes. American International Assurance Co Ltd now owns 3,672,000 shares or 5.3 per cent of Acma. Govett Oriental Investment Trust pic now owns 3,300,000 shares, or 4.79 per cent, after selling 1,300,000 shares.
          42 words
        • Article
          Fund raises stake in Goldtron to 7.5pc
          55 10 SINGAPORE The College Retirement Equities Fund has bought a further nine million Goldtron Ltd shares, bringing its stake in the company to 16,468,000 shares, or 7.56 per cent. TIAA-CREF Investment Management has bought a further 11 million shares, raising its total to 18,468.000
          55 words
        • Article
          EDB booklet on local enterprise
          52 10 SINGAPORE The Economic Development Board has released a 84-page booklet on local enterprise. It includes a list of government schemes available to local firms and gives profiles of 20 companies that have benefited from such assistance. The report is available free at various business and
          52 words
      • Article
        New HK unit trust to tap growth potential of region's smaller firms
        217 10 SINGAPORE Jardine Fleming Unit Trusts Ltd will launch a new unit trust in Hongkong tomorrow, aimed at enabling investors to tap into the high growth potential of smaller companies in this region. The JF Pacific Smaller Companies Trust
        217 words
      • Article
        Lock icon HK firms involved in HK$521b worth of deals in China: survey
        634 10 South China Morning Post HONGKONG Companies listed in Hongkong are involved in 801 projects worth HK$52l billion (SS 108.7 billion) in China, according to the first comprehensive survey by Credit Lyonnais Securities of local corporate exposure to the mainland.
        South China Morning Post  -  634 words
      • Article
        Lock icon Deng's son unveils luxury Shanghai housing project
        191 10 Reuter HONGKONG The son of China's paramount leader Deng Xiaoping yesterday unveiled plans for a luxury Shanghai housing project, the latest in a series of mainland property ventures involving his rapidly-grow-ing company. Shanghai Grand Development Company, of which Deng Zhifang is chairman, is
        Reuter  -  191 words
      • Article
        Indonesia's plan to list big state companies abroad shocks brokers
        389 10  -  From Maggie Ford in JAKARTA INDONESIAN stockbrokers have reacted with shock and anger to a plan to list stateowned companies on international stock exchanges or to sell shares to foreign investors through private placements abroad. The plan, first revealed by
        389 words
      • Article, Illustration
        Lock icon Cheung Kong sells all Evergo securities back to Lau group
        284 10 Reuter HONGKONG Cheung Kong (Holdings) Ltd chairman Li Ka-Shing said the property giant has sold all the securities it still held in Evergo International Holdings Co back to the group held by corporate raiders Joseph and Thomas Lau. Talking to
        Reuter  -  284 words
      • Article
        San Miguel's income rises 5pc despite power crisis
        283 10  -  From Al Labita in MANILA PHILIPPINE food and beverage giant San Miguel Corp (SMC) posted an increase in income in this year's first quarter, despite a power crisis which dampened consumer demand. In its latest quarterly report. SMC said its after-tax income
        283 words
      • Article
        UNIT TRUSTS & FUNDS
        496 10 UNIT TRUSTS FUNDS Mmmcmv pricas May 21 Insurance Fund Singapore Unit Tnist income Bond poim vm 3.31 The ommmv I 36 I 4Ud Prudential The Saving Fund 1 22 1 28 PniLink Mgd Fund 114 120 Spore Crag Fund 0.57 0 60 s pore Seeiund o«i o<m> MARA-Bumiputra S pore
        496 words
      • Article
        DIVIDENDS ANNOUNCED
        1436 10 Payment tx Books Pay date close date Acma F 7.5 Jun 10 Jun 22 Jul 5 Apollo F 2.S Jun 21 Jun 2S Jul IS Boustcad 50" I 7.5 Apr 22 May 7 Jun 4 B Raya F 3 May 25 Jun? Jul 8 Cathay Pac 20* F
        1,436 words
      • Article
        Lock icon Sony, Matsushita post sharply lower profits
        418 11 Soaring yen likely to blunt recovery Reuter TOKYO Worn down by a lingering fall-off in consumer demand, Sony Corp and Matsushita Electric Industrial Co Ltd have both declared sharplv reduced group profits for 1992/93. They said yesterday that recovery this year would be blunted
        Reuter  -  418 words
      • Article
        Lock icon Triton Energy under probe over Indonesian unit
        287 11 Bloomberg DALLAS Triton Energy Corp said the US Justice Department is investigating the company's operations in Indonesia, where Triton employees allegedly bribed government officials to win oil and natural gas contracts. Federal authorities have confirmed an inquiry is being conducted to determine if
        Bloomberg  -  287 words
      • COMPANY BRIEFS
        • Article, Illustration
          Lock icon Colombia's SAM airline plane crashes
          61 11 Reuter UPI BOGOTA, Colombia A Colombian passenger plane, belonging to the SAM airline, crashed on Wednesday with 125 people and nine crew on board, a Civil Aviation official said. The plane went down in a mountainous area east of Medellin. A spokesman for the federal
          Reuter; UPI  -  61 words
        • Article
          Lock icon Mitsui pre-tax falls as sales contract
          96 11 AFP TOKYO Japanese trading giant Mitsui and Co Ltd said yesterday its pre-tax profit fell 3.7 per cent from the previous year to 59.2 billion yen (SSB64 million) in the year to March. The country's biggest chemical and steel trader said sales dropped 4.1
          AFP  -  96 words
        • Article
          Lock icon Marubeni profit down 2.6pc
          84 11 AFP TOKYO Japanese trading house Marubeni Corp said yesterday its pre-tax profit fell 2.6 per cent from a year earlier to 37.4 billion yen (SS47I million) in the year to March while predicting little change this year. The Osaka-based trader said sales were down 7.5 per
          AFP  -  84 words
        • Article
          Lock icon Sumitomo pre-tax tumbles 40.6pc
          89 11 AFP TOKYO Japanese trading house Sumitomo Corp said yesterday its consolidated pre-tax earnings tumbled 40.6 per cent from a year earlier to 45.2 billion yen (***** million) in the year to March. The Osaka-based trader said global sales fell 9.6 per cent to 18,027 billion yen
          AFP  -  89 words
        • Article
          Lock icon Itochu posts better results
          71 11 AFP TOKYO Itochu Corp, Japan's biggest trading company in terms of sales, said yesterday its pre-tax earnings rose 10 per cent from the previous year to 49.8 billion yen (*****.5 million) in the year to March. But the company said sales declined 7.4.per cent to 18,529
          AFP  -  71 words
        • Article
          Lock icon Tomen profit falls 9.8pc
          74 11 AFP TOKYO Japanese trading company Tomen Corp said yesterday its pre-tax profit fell 9.8 per cent from a year earlier to 11.7 billion yen (*****.4 million) in the year to March. Tomen said its sales dropped 2.6 per cent in the same period to 7.066 billion
          AFP  -  74 words
      • Article
        Lock icon US judge narrows scope of Apple's infringement suit
        348 11 NYT SAN FRANCISCO A federal judge has further narrowed the scope of the five-year-old Apple Computer copyright infringement suit against Microsoft and Hewlett-Packard. The ruling, which came late on Tuesday, means that a jury will now consider only four of the 147
        NYT  -  348 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Chemical Bank gets into junk bonds
          105 12 Bloomberg Business News NEW YORK Chcmical Banking Corp plans to use its new power to underwrite and sell debt securities to enter the lucrative market for high-yield debt, übiquitously known as "junk bonds". Through its Chemical Securities Inc unit. Chcmical plans within three years
          Bloomberg Business News  -  105 words
        • Article, Illustration
          Lock icon Reading beyond the figures
          41 12 Reuter SYDNEY Bob Joss, managing director of Westpac Banking Corp tells journalists yesterday that the bank is making good progress despite reporting a net loss of A 5204.6 million (*****.5 million) in the half-year to March. Reuter
          Reuter  -  41 words
        • Article
          Lock icon Japan to allow more bank branches
          87 12 Knight Ridder TOKYO Japan's Ministry of Financc will ease regulations in order to allow banks to open more branches from this fiscal year, the ministry announced yesterday. In a written paper, the MOF said the liberalisation is aimed at bringing in greater competition among
          Knight Ridder  -  87 words
        • Article
          OUB to upgrade Shenzhen office
          76 12 SINGAPORE OUB has received approval to upgrade its representative office in Shenzhen to branch status. The approval was granted by the People's Bank of China, and makes OUB the first local bank to operate a branch in Shenzhen. OUB's representative office had been operating in
          76 words
        • Article
          POSBank to renovate branch office
          76 12 SINGAPORE POSBank's branch at 111 North Bridge Road, #01-28, Peninsula Plaza will be closed for renovation from May 24 till July. The bank's main branch at 73 Bras Basah Road will act as the domicile branch for current accounts of the Peninsula Plaza branch during
          76 words
      • Article
        Thai bank profits up 60pc in first quarter
        576 12  -  From Alan Boyd in BANGKOK WIDE interest margins boosted Thai banking profits by a phenomenal 60 per cent in the three months to March, providing a rare glimmer of hope for a segment of investors in the stock market. But analysts believe
        576 words
      • Article
        Clariden Bank sets up in S'pore
        217 12  -  By Paul Leo SINGAPORE Clariden Bank has set up an asset management company in Singapore to service clients and manage funds in South-east Asia. Clariden Bank is under the umbrella of CS Holdings. Other members of the holding company include Credit Suisse and CS
        217 words
      • Article, Illustration
        Thailand's Bank of Asia raises US$70m in S'pore
        257 12  -  By Kooi Cho Teng SINGAPORE Thailand's Bank of Asia has raised USS7O million here in anticipation of greater funding requirements back home. The bank's executive vicepresident. Sak Euarchukiati. said at the loan signing ceremony yesterday that small and medium-sized Thai companies would
        257 words
      • Article
        Lock icon Bank Negara chief faces query
        179 12 Knight Ridder KUALA LUMPUR Malaysia's parliamentary watchdog group, the Public Accounts Committee, will ask Bank Negara Governor JafTar Hussein for an explanation over the large losses incurred in the bank's special reserves last year, the state-owned Bcrnama news agency said late on Wednesday. The committee
        Knight Ridder  -  179 words
      • Article
        Lock icon Aussie banks post contrasting results
        238 12 AFP SYDNEY National Australia Bank Ltd (NAB) shares soared yesterday after the bank posted an interim net profit of A 5507.3 million Australian (***** million) for the six months to March 31. making it the country's strongest bank. NAB shares leapt to a high of
        AFP  -  238 words
    • FINANCE & COMMODITIES
      • Article
        Renminbi futures deal surprises Shanghai bankers
        308 13  -  From Catherine Ong in HONGKONG IN SPITE OF attempts by the Chinese government to prop up its depreciating currency, a one-month futures deal on the renminbi was struck in Shanghai last week at some 25 per cent discount to its prevailing market value. Bankers
        308 words
      • Article
        Lock icon China should raise interest rates again, says leading economist
        318 13 UPI HONGKONG An influential Chinese economist says China should raise interest rates again following last week's increase, the pro-China Wen Wei Po newspaper reported yesterday. Liu Guogang, vice-director of the prestigious Chinese Academy of Social Sciences, said the May 14 rise
        UPI  -  318 words
      • Article, Illustration
        Lock icon Bid to end era of rigid rice controls in Japan
        496 13 Reuter TOKYO A private exchange that dances on the edge of legality and helps people buy rice outside the government stranglehold sees itself as a model for an era when rice imports are liberalised. The exchange, Japan Agriculture Information (JAI),
        Reuter  -  496 words
      • Article
        Lock icon Deutsche Bank starts year well
        257 13 FT FRANKFURT Total operating profits at the Deutsche Bank group rose by "a good 20 per cent" in the first four months of the year against the comparable period for 1992. The chief executive of Germany's biggest bank, Hilmar Kopper, told shareholders yesterday that it
        FT  -  257 words
      • Article
        Lock icon Court ruling hits advisers of bankrupt firms
        186 13 Reuter NEW YORK A federal court ruling has struck a powerful blow against what some Justice Department agents see as a lucrative monopoly by the nation's leading investment bankers to advise bankrupt corporations. But bankruptcy lawyers warn the decision, which can force a
        Reuter  -  186 words
      • Article
        Crude oil futures rebound from month's lows on buying support
        379 13 Bloomberg ENERGY REPORT LONDON Crude oil futures prices in London and New York rebounded from their lowest levels in more than a month, brokers said. A measure of support came from aggressive buying of the June sweet crude contract in
        379 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        108 13 THERE was much selling interest from offshore parties in the USJ/SS yesterday morning. Opening around 1.61 SO. the USS was sold down to a low of 1.6125/30. before local support emerged. The dollar recovered some ground to close around 1.6133/38. Still, expect selling interest to
        108 words
      • Article
        Lock icon London
        178 13 Reuter THE DOLLAR ended at 1.6140 marks and 110.43 yen yesterday from Wednesday's closing prices of 1.6249 and 110.53. Traders said the growing Japanese trade surplus and increasingly frantic US attempts to redress the balancc were weighing heavily on the dollar. "The market focus is shifting back to the
        Reuter  -  178 words
      • Article
        Lock icon New York
        88 13 AFP THE OUNCE of gold fell yesterday at midmoming and the dollar also fell in the New York inter-bank market in listless trading. At little after 9:3oam (1330 GMT), the dollar cost 1.6190 German marks against 1.6235 markets on Wednesday and 110.65 yen against 110.85 yen. Earlier in
        AFP  -  88 words
      • Article, Illustration
        Untitled
        1575 13 I inJf Ki-ifhn-J inJt iakutahil aifain\i Spm?\ l«p 14 traJinx partn*r\ flay liar IWlf US$/S$ forward rates Noon May 20 ss Bid Oder I-month 1.6124 1.6139 '-month ***** ***** 3-month ***** 1.6142 6-month 1.6135 1.6155 Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltaai yesterday: Singapore dollars to one MBit
        1,575 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen end softer
        1484 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended marginally weaker yesterday but trade was uneventful due to the absenee of many European players for the Ascension Day holiday. The contract gained initially on the back of spillover speculative buying as panicky dealers sought to exit from
        Reuter  -  1,484 words
      • Article
        KL tin at all-time low on weak buying support
        1004 14 COMMODITY REPORTS Tin TIN ended at an all-time low of MS 13.98 a kg. down six cents from the overnight close, on further selling interest and weak buying support. Dealers said declines on the London market overnight also eased prices. "There
        1,004 words
      • Article
        COMMODITY PRICES
        1667 14 Rubber May 20 HAS CMMM dity Exchange (fnt MM dm ilng as at lp) RAS (physical prices) RSS 1 Contract (S cents/kg) As at 12 nnnn Bayers Sellers (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest RSS 2 Jun 93 128 00 129 DON Jun
        1,667 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1100 15 1.6 The share market closed slightly higher, helped by positive results in the banking sector. The All Ordinaries Index ended 1.6 points up at 1,684.2 after swinging in a narrow range during the day. "The bank results (National Australia and Westpac Bank) were the key factors in trading." said
        1,100 words
      • Article
        Manila
        545 15 +1.36 Share prices ended mixed as investors weighed whether to start bargain hunting after stocks appeared to have become oversold, brokers said. The Manila Composite Index edged up 1.36 points to close at 1,575.72 from Wednesday's 1,574.36. breaking a downtrend which pulled the index to a day's low of
        545 words
      • Article
        Taipei
        607 15 -99.91 Stocks ended sharply lower on a wave of late selling, with the Weighted Index breaking below a key psychological support level of 4.400 points, brokers said. The index closed 99.91 points or 2.3 per cent down at 4,346.63. Turnover remained thin at T525.07 billion, though it was up
        607 words
      • Article
        Seoul
        434 15 +2.61 The stock market finished a shade firmer for the fourth consecutive session prompted by investors' anticipation of a breakthrough in talks between North and South Korea, brokers said. Seoul offered to hold talks with the North, the first promis- ing sign of better inter-Korean cooperation since Pyongyang in
        434 words
      • Article
        New Zealand
        287 15 11.54 Shares closed fractionally below their high for the year in active trade, led mostly by another sharp gain in Telecom. Telecom gained seven cents to NZS3.O2 its highest point ever on turnover of more than 3.5 million shares. The stock has been sharply re-rated upward since its
        287 words
      • Article
        Bombay
        71 15 Closed Stock prices rose again yesterday after more companies reported strong year-end results and traders said market sentiment has strengthened. Stock exchange indices are expected to rise further following the better-than-expected results. they said. The National Index gained 6.91 points at 1072.32 and Delhi was up 7.17 points at
        71 words
    • WORLD STOCK MARKETS
      • Article
        London
        874 15 -2.9 Shares ended a fairly dull session mixed yesterday as a late afternoon downturn in the futures market pressured the FTSE 100 index lower. The FTSE closed 2.9 points down at 2.816.8 after spending most of the session in positive territory. At the close the June futures contract was
        874 words
      • Article
        Milan
        266 15 +0.24pc Shares closed with small gains yesterday as the market remained underpinned by hopes the Bank of Italy will cut rates soon. The MIB All-Share Index was up 0.24 per cent to 1,236. Prices would consolidate around these levels unless a rate cut was announced in the next few
        266 words
      • Article
        Toronto
        485 15 -15.6 Stocks opened slightly weaker yesterday after the market breathed a sigh of relief after the Province of Ontario kept corporate tax increases to a minimum, dealers said. But the market still could be hit by a cut in the bond rating on Ontario's debt. "I guess what it
        485 words
      • Article
        New York
        975 15 +55.64 Wall Street share prices marked time yesterday after breaching the 3,so(Kmark barrier for the first time to close at a record high the dav before. At 11am (1500 GMT),the Dow Jones Index of leading industrial stocks was down 0.88 points at 3,499.15 in very heavy trading. with
        975 words
      • Article
        Untitled
        1520 15 Paris Mn l» Kr \ir-f hjukIc ~06U0 > Ml \lsMel VnjhKnn 616 00 ><00 HlVquil ***** 5 20 Gale De FUtvgue I0>00 Laljrgr 3)100 60 Mk helm 146 10 -JO Nolle 4225 00 *>00 Norsk HsJro I MOO -100 HP 11)00 Peuftoi SA 5)5.00 -5 00 Philips (NV (ion) 1
        1,520 words
    • Article, Illustration
      Lock icon HONGKONG
      3157 16 Reuter STOCKS closed higher yesterday after market rumours triggered an afternoon rebound led mainly by institutional bargain hunters, brokers said. The blue chip Hang Seng Index put on 25.08 points, or 0.35 per cent, to finish the day at 7,118.96. It hit a high of 7,133.94 at one stage,
      Reuter; Source: Bridge Info  -  3,157 words
    • Article, Illustration
      CHINA
      473 16 THE Shenzhen A market got another jolt from sellers yesterday. The market moved down across the board in light trading. The CLSA Shenzhen A Index was down 2.83 per cent to close at 2,679.99. A very quiet day in the Shenzhen B market. Prices remained unchanged. Only China Bicycle
      473 words
    • Article, Illustration
      Lock icon TOKYO
      2537 16 Reuter STOCKS ended modestly easier in seesaw trade, with arbitragelinked selling hitting prices throughout the day. Investors were reluctant to move due to a higher yen and a flood of corporate earnings results due in the next few days, keeping trade light and volatile, brokers said. 'Investors have been
      Reuter; Source: Bridge Info  -  2,537 words
    • Article, Illustration
      Lock icon BANGKOK
      1807 16 Reuter STOCKS closed lower on broad selling that brokers said reflected the poor firstquarter results of most listed firms. The SET index closed 7.91 points lower at 865.61 on thin turnover of 2.87 billion baht. Declines led advances 173 to 45 with 65 stocks unchanged. "The sale reflects the
      Reuter; Source: Bridge Info  -  1,807 words
    • Article, Illustration
      Lock icon JAKARTA
      1038 16 Reuter THE Jakarta stock market was closed for a public holiday yesterday. trading will resume today. The official index ended on Wednesday at 326.41, up 1.09 points. Reuter Source: Bridge Info Vol Ma> I* Kypuh Hick U (UOi VIPPuIra 1050 uncti 1050 IOS> 2500 \hda *25 unch K25 775
      Reuter; Source: Bridge Info  -  1,038 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2690 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Kcnong Bhd MV M.I55.000 F \l B 50c 25.04J.000 Promct 20.175 000 Vlclropkx 50c 13 560.000 Landmarks Bhd 13.*****0 Multi-Purpoic 12.*****0 Asia he Ld 50c 11 806.000 Bcrjasa Group 11 424.000 Mi;i II MO.OOO kamunting 50c I 1.373.000 Fahrr
      Source: Bridge Info  -  2,690 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon KLSE index smashes record high again
        5330 17 Bernama THE Kuala Lumpur Stock Exchange saw another record-breaking session yesterday with the KLSE Composite Index closing at a historic high of 735.11 points. 5.68 points higher than Wednesday's closing. Earlier in the day, frenzied buying saw the Composite Index smashing the previous all-time
        Bernama; Source: Bridge Info  -  5,330 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Malaysian, Sesdaq counters take centre stage
        7446 18  -  By Quak Hiang Whai ONCE AGAIN, speculative buying of Malaysian counters took value traded in the stock market yesterday to record levels. Right from the start, lower-priced Malaysian counters soared to new peaks with some enjoying more than 15 per cent gains before profit-taking
        Source: Bridge Info  -  7,446 words
      • Article, Illustration
        Lock icon Lingui Developments
        65 18  -  HOT STOCK Quak Hiang Whai ON AN HOURLY basis. Lingui Developments traded to an oversold level yesterday. It closed at 51.66 after hitting SI.BO. The daily and weekly RSIs suggest the stock may have another go at Si.7o or even 51.75. On the monthly charts, the stock is
        SOURCE: BRIDGE INFO  -  65 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      94 9 For regional deals which banks feel they can digest themselves, there will be outright competition. But there is a case to be made for Singapore banks to work together on large deals. PETER SEAH, president and chief executive officer of Overseas Union Bank, talks about competition among Singapore banks overseas.
      94 words
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      2350 11 £olbtn Cattle Jfinantt Itm Wl CORPORATION LIMITED 1 I A, (incorporated in Singapore) VuuV AND ITS SUBSIDIARY COMPANY BALANCE SHEETS AS AT DECEMBER 31,1992 other payables ano accruals Qmup Company Group n«n««.w Notes 1882 1881 1482 1881 1992 1981 1992 1881 EQUmr 1.5 M.061 1.507X105 I^3Bo Share capital (5) 7.272.000
      2,350 words
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      985 12 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 t CHEMICAL INDUSTRIES (FAR EAST) LIMITED. 151 Ibm33xl PS mi NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Twenty-ninth Annual General Meeting of Chemical Industries (Far East) Limited will be held at the Registered Office of the Company at 52 Jalan Buroh,
      985 words
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      755 14 BUSINESS TIMES 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 AIK HENG GOLDSMITHS JEWELLERS PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 6001
      755 words
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      Page 14 Advertisements Column 2
      35 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Wr offers ft: the i* l0 4 Kcurrenf list of JO® If opp° rt Hi
      35 words
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      39 15 ROY EASTERN WATCH, #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, TEL: 734 3139. DELUXE EASTERN WATCH, #01-18/20 CENTREPOINT, TEL: 235 2536. Ihe Paris, Stockholm, Frankfurt, Amsterdam, Zurich aM Johannesburg markets were closed for the Ascension Day holiday.
      39 words
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      111 16 Mj&'fK PrimerO automatic chronograph mozrment jj 'hk Water resistant to 100 m or 50m. if Available in gold, gold and steel or steel. fix LEFT Modrl No *****4 400 7EI\I| U RIGHT: Model No. *****5 400 1 IVfcSQ^/ A boy* Beyond Ft* Ltd 1 Maritime Square #02-101 Expo Gateway Tel
      111 words
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      23 words
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      80 18 For the price a Business Class ticket, KLM P uts Y ou n First Class. All you need to pay is the full I.A.T.A. Business Class Fare for any 9^ H from to Western be issued a Class Amsterdam! This privilege is also yours buy a return ticket. Just make
      80 words
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  • SPORTS
    • Article
      Lock icon Heavyweight fight at the Garden
      742 19 NBA playoffs Ira Berkow looks ahead to the Bulls v Knicks clash NYT DEERFIELD, Illinois Bulls versus Knicks on the Madison Square Garden marquee reminds some of the old fight nights, or worse. "It's shaping up like a heavyweight championship fight," said Michael Jordan. "It's
      NYT  -  742 words
    • Article, Illustration
      Lock icon No getting past me
      38 19 Reuter MANCHESTER, England England's Graeme Hick smashes the ball to cover point watched by Australian wicketkeeper lan Healy during the first one-day international at Old Trafibrd on Wednesday. Australia beat England by four runs.
      Reuter  -  38 words
    • Article
      Lock icon Japan's soccer league giving baseball a run for its money
      369 19 Reuter TOKYO Sports fans here had two choices for live action on Wednesday a baseball clash between two of Japan's top teams or an appearance by German World Cup soccer star Pierre Littbarski in the new professional J League. Attendance
      Reuter  -  369 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        76 19 AFP Reuter WASHINGTON Wednesdays Major League results National: San Francisco 6 Houston 3; Atlanta 1 Montreal 0; Florida 5 Philadelphia 3; New York 6 Pittsburgh 4 (in 10); Chicago 5 St Louis 3; San Diego 7 Colorado 3; Los Angeles 5 Cincinnati 2. American: New York 11 Minnesota 6;
        AFP; Reuter  -  76 words
      • Article, Illustration
        Lock icon Cricket
        36 19 Reuter MANCHESTER, England Australia beat England by four runs in the first one-day (55 overs) international at Old Trafford on Wednesday. Scores: Australia 258-9 in 55 overs. England 254 all out in 54.5 overs. Reuter
        Reuter  -  36 words
      • Article, Illustration
        Lock icon Hockey
        20 19 Reuter AFP JOHANNESBURG India warmed up for their five-test scries against South Africa by beating Transvaal 4-0 on Wednesday.
        Reuter; AFP  -  20 words
      • Article, Illustration
        Lock icon Ice hockey
        20 19 Reuter NEW YORK NHL Campbell Conference final Wednesday: Toronto 2 Los Angeles 3 (Best-of-sev-en series tied 1-1). Reuter
        Reuter  -  20 words
      • Article, Illustration
        Lock icon Soccer
        208 19 AFP AFP Reuter TURIN, Italy Juventus of Italy beat Borussia Dortmund of Germany 3-0 in the UEFA Cup final second leg on Wednesday. Juventus win 6-1 on aggregate. Reutcr TALLINN World Cup European Group One qualifier Wednesday: Scotland 3 Estonia 0. Standings (played, won, drawn, lost, goals for, against,
        AFP; Reuter  -  208 words
      • Article, Illustration
        Lock icon Tennis
        107 19 AP Reuter DUSSELDORF, Germany World learn Cup Wednesday Red Group: Germany 2 France 1; Sweden 2 Czech Republic 1. Standings (W L Pts): I. Sweden 2 0 5 2. Germany 2 0 4 3. Czech Republic 0 2 2 4. France 021. Blue Croup: I. US 1 0 3
        AP; Reuter  -  107 words
    • Article, Illustration
      Lock icon Maruyama leads first round of Pepsi event
      208 19 Golf Reuter AJISUCHO. Japan Shigeki Maruyama, a two-year pro. shot an eight-undcr-par 63 yesterday and took a two-shot first-round lead in the Pepsi Übe Kosan golf tournament. He eagled the fifth hole and birdied Nos. 6 and 8 on the front nine. On
      Reuter  -  208 words
    • Article
      Lock icon Nobody better stand in his way, Barkley may bite
      570 19 NYT PHOENIX If ever a basketball player belonged on a football field, it is Charles Barkley. Not only does he lower his shoulder like a pulling guard, but he is not the least bit frightened of grime. On Tuesday night, Barkley
      NYT  -  570 words
    • SIDE LINES
      • Article, Illustration
        Lock icon Play by play in Mandarin
        100 19 AP LOS ANGELES Intricate characters on a banner draped over the front of the broadcast booth at Dodger Stadium heralded a first a baseball game in the United States was being broadcast in Mandarin. With Thomas Kao (centre) handling the play-by-play. KAZN radio translated the
        AP  -  100 words
      • Article
        Lock icon Swedish table tennis champs out
        112 19 AP GOTEBORG, Sweden Two Swedish team champions, including reigning individual champion Jorgen Persson, were eliminated in first-round men's singles matches on Wednesday in the World Table Tennis Championships. Patrick Chila of France, who's ranked only 77th in the world and fifth in France, trounced Persson
        AP  -  112 words
      • Article
        Lock icon Johnson to play in All-Star Classic
        119 19 AP SANTA BARBARA. California Magic Johnson will play his first game in the United States since he retired last year when he joins current and former college players in his own All-Star Classic on May 26. Joining Johnson on the tentative pro roster announced
        AP  -  119 words
      • Article
        Lock icon Raiders make offer to Rocket
        59 19 AP TORONTO The Los Angeles Raiders have made a multiyear offer to Raghib "Rocket" Ismail that would pay the receiver-kick returner more than US$l million (Ssl.6 million) per season, his agent said. Ismail's two-year contract with the Toronto Argonauts of the Canadian Football League, which
        AP  -  59 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      884 19 TOLL-FREE TEL. No. 1-BQO-737 0Q43 FAX:734 3698 THE COMPANIES ACT. CHAPTER 50 SECTION 290<2)<b) Notice Of Resolution YOUNG ACE NECK WEAR PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Young Ace Neck Wear Pio Ltd held at Tokyo Bank Building *330 1 -4-2 Marunouchi Chiyoda-ku Tokyo
      884 words
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      Page 19 Advertisements Column 2
      199 19 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE ORIGINATING PETITION NO. 10 OF 1993 IN THE MATTER OF ENVI HOLDINGS PTE LTD AND IN THE MATTER OF SECTION 73 OF THE COMPANIES ACT, CAP. 50 NOTICE OF HEARING OF PETITION NOTICE IS HEREBY GIVEN that a Petition presented to
      199 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      680 20 Nothing Beats A Budor Alan Ng, food writer of Lianhe Zaobao.'lt's a high tea of distinct difference from those we had tried locally." Why go Penang? Princess Terrace Cafe introduces Penang High Tea with favourites like Penang Laksa, Fried Kway Teow, Bubur Hitam, Ang Ku Kueh and more. Adult $11.80-1-+
      680 words
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      Page 20 Advertisements Column 2
      311 20 WHERE TO WINE, DINE AND ENTERTAIN Our weekend tea is so satisfying, people sometimes break into song. Choose from an astonishing variety of savoury and sweet favourites. And if that's not enough, our tea special also includes karaoke at Singsation, Singapore's only theme karaoke lounge. So pop over to the
      311 words
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      Page 20 Advertisements Column 3
      315 20 Delectable Yong Tu Foo Buffet at 'TJT CUtwbox every Sahiiriiy and Sanday. 12.30 pas to 5 pa $14.50 per peraoa M-50++ per child (below 10 yrs) Mpzzdnnp SaaiptMas CoatiaeaUl Local Aftenooa j Tea spread at Meizaalae Loaage. Dally. 2 pa to 6 pa $I*4lo per peraoa $10.00++ per ckild (below
      315 words
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  • LIFESTYLE
    • Article, Illustration
      Still Building takes centrestage
      841 21  -  The play is The Necessary Stage's most successful to date, says Audrey Tan Audrey Tan WE want to do a play, do you want to improvise with us?. With two such calls from a public phone booth, playwright Haresh Sharma, artistic director Alvin Tan and theatre
      841 words
    • Article, Illustration
      Lock icon £7.7m for 19th century calculator
      40 21 Reuter THIS rare nineteenth century mechanical calcultor was sold for £7.7 million (5518.4 million), hundreds of times its estimate at a Christie's auction on Wednesday .Christie's named the buyer as Edgar Mannheimer from Switzerland. Reuter
      Reuter  -  40 words
    • Article, Illustration
      Lock icon Matlin and Lewis get honorary degrees
      392 21 CHATTERBOX UPI UPI UPI ACADEMY award-winning actress Marlee Matlin delivered the keynote address at graduation ceremonies for Emerson College in Boston in sign language. Matlin, the hearingimpaired star of the 1986 film Children of a lesser god and the more recent NBC drama series,
      UPI  -  392 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      79 21 V FREE 1 TRIP TO SENTOSA COME LUNCH/DINE AT TAKARAJIMA! Relax ftc Enjoy a sumptuous 8c healthy Japanese meal in a quaint, picturesque resort setting. FREE TRANSPORT will be provided daily every 15 45 minutes of the hour hy Beaufort Hotel's shuttle bus at Jardinc Step (in front of Port
      79 words
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      Page 21 Advertisements Column 2
      84 21 Taiwan City (KTV) Nite Club KARAOKE LOUNGE DISCO NITECLUB S 314* KTV+feOK^.# 42 East Coast Road *02-00 Lai Lai Complex, Singapore 1542 Tel: 348-1752,344-2987, 344-4995 11 private KTV rooms available M or y° ur singing pleasure Tyi Dancing Pleasure 1) 12 midnite 12.30 am 2) 2.00 am 2.45 am y
      84 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1338 21 TV RADIO I Wanted: Th« Sundance Woman, L V f 10.30pm, SBC 5 f in this sequel to Cassidy And The Sundance Kid, Kath- g erine Ross reprises her role as Etta Place. This she I V pursued by a detective who has I < sworn to bring her to
      1,338 words
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  • ADVERTISING & MARKETING
    • COPY LINES
      • Article
        HK targets Asian Int'l Gift Fair 93
        97 22 HONGKONG gift manufacturers eyeing the South-east Asian market are enlarging their contingent to this year's Asian International Gift Fair 93. At last year's event, Hongkong exhibitors saw U*****,000 on-the-spot orders and U*****,000 (S$ 1,249,000) deals under negotiation. The United States pavilion grew from
        97 words
      • Article
        SCV captures 50pc of hotels
        116 22 SINGAPORE Cable Vision Pte Ltd (SCV), Singapore's first subscription TV company has captured more than 50 per cent of the local hotel sector after a year of the launch of its three channels News Vision, Movie Vision and Variety Vision. SCV lists hotels such as
        116 words
      • Article
        Tiger Classic now in 330ml cans
        98 22 TIGER BEER lovers may be pleased to know that the new brew. Tiger Classic Beer will soon be available in 330 ml cans. Five months after its launch, more than 100,000 bottles have been consumed, exceeding projected sales. For those curious about the uniqueness
        98 words
      • Article
        DMB&B appoints new creative chief
        63 22 DMB&B Tokyu (Singapore) has just named Norman Alcuri as its new creative director. Alcuri was a joint creative director in RSCG Ball Partnership (Singapore) and has won many international and local creative awards. Batey Ads and Ogilvy Mather are agencies that Alcuri has worked with
        63 words
    • Article, Illustration
      Say hello to a new line of telecommunication boutiques
      531 22  -  Hello Boutique aims to provide buffs with the latest in high-tech. Schutz Lee reports Schutz Lee BY the end of the year, eight to 10 shops belonging to a new retail chain for telecommunications products will greet potential customers in various
      531 words
    • Article
      Lock icon Foote, Cone considers adding a second network to fuel growth
      793 22 NYT SEEKING to accelerate its comeback from lagging billings and profitability, Foote, Cone Belding Communications is giving more consideration to establishing a second agency network. "We're looking at the possibility of a second brand," Bruce Mason, chairman and chief executive
      NYT  -  793 words
    • Article, Illustration
      Ad Grand moves into new home
      219 22 AD GRAND Advertising, one of Singapore's biggest locally-owned agencies, has invested $4.7 million in a new office on historic Amoy Street. The 10,000 sq ft office, just off Shcnton Way, is a restored four-storey pre-war shophousc. The agency's investment covers the purchase of the
      219 words
    • Article
      Lock icon US firm may sell through interactive cable TV
      436 22 NYT Nordstrom inc said earlier this week that it was exploring selling merchandise on an interactive cable television system, in which shoppers could ask to see specific goods, by late 1994. "We'd like to be one of the leaders in this field,"
      NYT  -  436 words
    • Article, Illustration
      Lock icon What's new? Baking soda toothpaste
      684 22 FT Draw up a list of quintessential 1990s products, and baking soda toothpaste would almost certainly be a top pick. The very name evokes homey memories and "back-to-basic" values. Baking soda the main ingredient of which is bicarbonate of soda has been a stalwart item
      FT  -  684 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      65 22 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 Prudential-Bache Securities I Prudential-Bache Securities Asia Pacific Ltd* II has relocated to I I 50 Raffles Place 11 28th Floor; Shell Tower 11 Singapore 0104 J I with effect from Monday, May 24,1993 Tel: *****83 I Fax: *****85 Telex: RS ***** Wholly owned
      65 words
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      Page 23 Advertisements Column 1
      2029 23 I I THE NEW YORK TIMES. TUESDAY. MAY 4, 199) I Look who went home with ANDY lost night. I Ammiroti Puris, Inc. New York, Aetna Life and Casualty Compony, "Vacation" CD: Rolph Ammirati AD: KJ Bowen CW: Tony Gomes Art: KJ Bowen Arnold Fortuna 9 Lowner Cobot Boston, New
      2,029 words
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  • Article
    The handmaiden of pollution
    505 24 EDITORIAL THE Thai government's recent crackdown on industrial pollution has more than a hint of deja vu about it. With average economic growth having steamed ahead at some 7 per cent for the last few years, the pain of rapid industrialisation is being felt, especially in
    505 words
  • WHAT THE OTHERS SAY
    • Article
      Prepare well to do better
      187 24 SINGAPORE has been doing well in recent years in developing an external economy. The interim report of the Committee to Promote Enterprise Overseas (CPEO), released last Monday, says that at the current rate of expansion, the country will be able to catch up with Switzerland's
      187 words
    • Article
      Boosting entrepreneurship
      119 24 THE INTERIM REPORT of the Committee to Promote Enterprises Overseas is not only comprehensive but in-depth in its analysis on the future needs of our entrepreneurs. It is not easy to extend Singapore's external economy because we are a late starter. However, Singapore can learn from the success
      119 words
    • Article
      New impetus for Maastricht
      155 24 THE DANISH REFERENDUM which approved the Maastricht union treaty has averted a new political and economic crisis for Europe. Britain is now the only country in the European Community which has not ratified the treaty. Prime Minister John Major has welcomed the result of the Danish
      155 words
    • Article
      Catering to whims of the wealthy
      203 24 WHAT IS really behind the ongoing controversy over the construction of golf courses, which according to some people is truly mind-boggling? For the last sever- al years, golf courses have been mushrooming in various parts of the country. Although scores of environmentalists and students
      203 words
    • Article
      Just smoke, no fire
      190 24 GOOD NEWS for children. The Tobacco Institute now recognises that the public is concerned about youngsters smoking and has joined the Education Department, the Agency for Volunteer Services and other organisations in launching a poster campaign to discourage them. The awkwardly-named Campaign Committee Concerned About Minors
      190 words
    • Article
      Yes, we can — and must
      181 24 Yes, we can and must MALAYSIA BOLEH. You can hear this jingle daily over the Malaysian airwaves. Yes, Malaysia can, must and needs to cultivate the philosophy of a win-win culture, for in this fast-track world of today and tomorrow it is the only sure way to the realisation of
      181 words
  • Article
    Lock icon China's economy isn't big — it's very much bigger
    1109 24  - China's economy isn't big it's very much bigger Steven Greenhouse describes the IMFs new method of measuring the economic output of nations, using purchasing-power parity Steven Greenhouse NYT SAYING that traditional measures underestimate the economies in developing countries, the International Monetary Fund (IMF) has concluded that China's economy is more
    NYT  -  1,109 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      48 24 appucahts Call the Stocks Shares Hotline for: Number of shares allocated(Securities Account No. required) Information on new share issues Hot Shares of the week 1 11 How to go scripless 11 f 1/J| Calls are charged at 50$ 11l ililv/ a minute. An SPH AudioTex Service i o
      48 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      84 24 (I JUST P\CtfcD IT UP UJHeNeVGR I) —HOU) O 1 €P&TH DID VOU > \HFSC> f\ SPP\RO PO\NUTe J roFHNRGC To f (MD TUe Ttme OJRITC J v 1 )f p\ 6oqk oFTms y J POM'T gCPvLLV O ASSOCIATED NCVWAJW LTD. HM-IH3 DOONESBURY GARRY TRUDEAU THE CHURCH HAS TO POJVER.fOI\
      84 words
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  • ANALYSIS
    • Article
      Is the American economic locomotive sputtering?
      801 25  -  Paul Samuelson discusses why he finds only a 60 per cent probability that the US economy will grow at least 3 per cent this year Paul Samuelson The writer is an economist at the Massachusetts Institute of Technology NINETEEN ninety-three was to be the
      801 words
    • Article, Illustration
      Mama mia! What a sorry state
      1245 25  -  Neville Stack is amazed at the drama of corruption which has been unfolding in Italy over the past few weeks and discusses what it will take to get the country going again Neville Stack The writer is a UK-based journalist who contributed this article
      1,245 words
    • Article, Illustration
      Lock icon Privatisation hurdles galore, but Russia pushes on doggedly
      889 25  -  Mark Trevelyan finds out what's impeding Moscow's privatisation drive and why foreign investors aren't overly enthusiastic about it Mark Trevelyan Reuter RUSSIA'S ambitious privatisation drive is lagging several months behind target, but government officials and Western experts say the process of rolling
      Reuter  -  889 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      503 25 —————I ii. *1 #fc Hiy TAT LEE FINANCE LTD. (Incorporated in the Republic of Singapore) Thirty-Fifth Annual General Meeting Notice of Meeting NOTICE IS HEREBY GIVEN that the 35th Annual General Meeting of Shareholders of the Company will be held in the Conference Room, 63 Market Street, #14-00 Tat Lee
      503 words
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  • Article
    Officials seek tougher US stand on Japan's global trade surplus
    649 26  -  From Leon Hadar in WASHINGTON SENIOR US officials arc recommending that President Bill Clinton adopt a new and tougher policy to force Japan to cut its global trade surplus by as much as one-half in the next three years. The
    649 words
  • Article
    Lock icon Renewal of fast-track authority critical, says Kantor
    182 26 Reuter WASHINGTON US Trade Representative Mickey Kantor said yesterday it was "critical" that Congress renew the president's so-called fast-track negotiating authority on trade matters before a key meeting of rich countries in July. Under fast track. President Bill Clinton could conclude a global
    Reuter  -  182 words
  • Article
    Lock icon China will not sell arms to Iran, Syria
    134 26 AP BEIJING Chinese Foreign Minister Qian Qichen has promised his Israeli counterpart, Shimon Peres, that China will not sell missiles to Iran and Syria. Israeli Embassy spokesman Eyal Proppcr said yesterday that Mr Qian was responding to comments by Mr Peres that
    AP  -  134 words
  • Article
    UK, China agree on three HK contracts straddling 1997
    444 26  -  From Catherine Ong in HONGKONG BRITAIN and China have reached agreement on three Hongkong contracts straddling 1997 as the third round of talks on the territory's political future begins today. The China News Service yesterday reported that the go-ahcad has been
    444 words
  • Article, Illustration
    Lock icon UN authorises Cambodian factions to launch attacks to protect polling stations
    408 26 Reuter PHNOM PENH UN peacekeepers, alarmed by Khmer Rouge threats to disrupt next week's national polls, yesterday authorised other Cambodian factions to launch attacks to protect polling stations. UN military commander Lieutenant-General John Sanderson gave the authorisation after the
    Reuter  -  408 words
  • Article
    Lock icon Is Li Peng out in the cold?
    630 26 Bloomberg Business News UPI BEIJING Premier Li Peng, absent from the public eye for almost one month after suffering what government sources said yesterday was a heart attack, remains in a high-security military hospital here. Contrary to an earlier report from a Portuguese
    Bloomberg Business News; UPI  -  630 words
  • Article, Illustration
    People in glass houses can and do throw stones
    910 26  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo Correspondent Occasionally it can be a good idea for people living in glass houses to throw stones, if that helps dislodge those who hurl abuse from behind barriers of
    910 words
  • Page 26 Advertisements
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  • Shipping Times
    • Article
      Mitsui, K-Line to restructure US service in June
      371 27  -  By Ramesh Divyanathan SINGAPORE Japanese carriers Mitsui OSK Lines Ltd and Kawasaki Risen Kaisha (K Line) have announced plans to restructure their joint Asia to USA operations in June. The two lines said that a new Pacific South-West Express service "promises unsurpassed
      371 words
    • Article
      Lock icon Lawmakers urge US ship fund expansion
      355 27 Knight-Ridder WASHINGTON House maritime leaders on Wednesday sought to revive the campaign for maritime subsidy reform that the Clinton administration abandoned last week, but they face the same funding problems that stymied both the Clinton and Bush administrations, the Journal of Commerce reported. One
      Knight-Ridder  -  355 words
    • Article
      Lock icon Greenpeace warning on IAEA's draft rules
      169 27 AFP LONDON Draft rules for the maritime transport of radioactive material would decrease current safety standards and even allow the transport of Plutonium aboard passenger vessels, Greenpeace warned on Wednesday. The rules, drafted by the International Atomic Energy Agency (lAEA) in Vienna last month,
      AFP  -  169 words
    • Article
      Lock icon EDI will boost efficiency of Asean ports: official
      174 27 Bernama PENANG Ports in Asean countries are expected to offer one of the best services in the world when an Electronic Data interchange (EDI) system is introduced soon, an official said on Wednesday. Asean Port Authorities Association (APAA) secretary Yahya Haji Abdul
      Bernama  -  174 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1116 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Africa Container 15 3 Ahrenkiel Liner 16 4 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Arabian Express 15 5 ASCL 5 5 Asian Breakbulk 15 1 ASXCL Shpg 15 2
      1,116 words
    • Article, Illustration
      PSA's new distripark fully booked
      218 27 SINGAPORE The Port of Singapore Authority's (PSA) newest and largest container warehouse complex, Keppel Distripark, has been fully booked even before its completion. The distripark's deputy operation manager, Manjit Singh, said its 114,000 sq m of storage space has been booked by 42 tenants for
      218 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        565 28 Vnul Voy No Berth Nrrivii Departure Vessel Voy No Berth Arrival Departue Jurong Port m ctwrkaso 06 sjw po; 2005/1700 Asian Hop? AH 004 18 alongside 21 OS, 1500 Ocean [Me FABVA P08A alongside 2105/0600 ASL 17/8 10 12 alongside 2105 2300 PmangJaya 6 93 P01 alongside
        565 words
      • Article
        CONTAINER SCHEDULES
        1851 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Au Daisy 396 22/0700 1 20 1 MO 20/1659 20 1900 2 20/1700 21/0(69 21 0900 3 21/0700 21/1159 21 1400
        1,851 words
    • Article
      THE SHIPPING GUIDE
      11516 36 This is a list of ships loading at Singapore lor ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,516 words
    • Article
      DAILY FREIGHTS
      1499 43 I HE freight market remained firm and active in all sectors, including capesi/cs. hriv kers said. I he Baltic Freight Index for spot dr> cargo shipping rates rose to 1.612 on Ma\ I I from 1 .603 on Ma> 18. Lalemant took the Vesallius tor a May -0-30.
      1,499 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      606 43 Carbon Carton May-13 Density Water Residue Ash Mumriun Sedment Density Water Residue Ash Mmin Sednent M/M M/M Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M 1 M M PPM method BO/Cinac Units Spec E25 991 10 010 30* 010* Eastern USA 180 Ave
      606 words
    • Article, Illustration
      Lock icon Mending cracks in shipping standards
      1095 44  -  Michael Grey looks at a new alternative to the current seriously flawed and fragmented systems of surveying ships Michael Grey Lloyd's List Standards of shipping, commented maritime financier Paul Slater the other day, "simply fall between the cracks". Speaking at the Intertanko annual meeting in
      Lloyd's List  -  1,095 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        TNT gets approval to fly to Hongkong
        424 46  -  By Rahita Elias SINGAPORE TNT Express Worldwide on Tuesday received the green light from Hongkong authorities to fly to the territory. With that, TNT Express Worldwide has crosscd the last hurdle to starting phase II of its intra-Asian network launched last month. Both
        424 words
      • Article, Illustration
        Lock icon Asia-Pacific may face airport congestions: Iata chief
        492 46 Call for a ministerial conference to chart out new strategies Reuter KUALA LUMPUR AsiaPacific's aviation sector will grow rapidly well into the next century but may face a nightmare of congested airports if steps are not taken to expand infrastructure, industry officials said.
        Reuter  -  492 words
      • Article
        Lock icon Kennedy regains title as busiest cargo airport
        315 46 AP NEW YORK (AP) Kennedy Airport beat out Tokyo's Narita International Airport last year to regain its ranking as the world's busiest cargo airport. In addition, passenger traffic at the region's three major airports Kennedy, La Guardia and Newark rebounded in 1992, according
        AP  -  315 words
      • Article
        Lock icon American seeks tie-ups with European airlines
        260 46 AP DALLAS American Airlines is talking about forming partnerships with European airlines to increase its access to the continent, American's chairman said on Wednesday. The talks have ranged from sharing marketing efforts to equity investments, chairman and chief executive Robert Crandall said after AMR
        AP  -  260 words
      • Article
        Lock icon Southwest Airlines splits stock, ups dividend
        222 46 Reuter DALLAS Southwest Airlines Inc. gaining altitude as the most profitable member of the suffering US airline industry. declared a stock split on Wednesday and increased its quarterly dividend by more than 7 per cent. Chairman Herb Kelleher said he expects the company to
        Reuter  -  222 words
      • LOG BOOK
        • Article
          Lock icon Amsterdam oil transhipments down 22pc
          114 46 Reuter AMSTERDAM The transhipment of crude oil through Amsterdam in the first quarter of 1993 fell by 22 per cent over the same period of last year to 200,000 tonnes, extending the trend seen in 1992. port authority figures show. The fall in oil shipments
          Reuter  -  114 words
        • Article, Illustration
          Lock icon Pipeline leak
          36 46 Reuter BOMBAY Two oil support vessels on Tuesday spraying water on an oil platform to prevent a fire after a pipeline sprang a leak on Monday, pumping 6.000 tonnes of crude into the sea.
          Reuter  -  36 words
        • Article
          Lock icon JAL orders GE engines for Boeing 767s
          58 46 AFP PARIS Japan Airlines (JAL) has ordered General Electric CF6-80C2 engines for five Boeing 767-3000 airliners in a deal worth about USS7S million (S$ 121 million). General Electric announced here on Wednesday. JAL had earlier placed the biggest order for Boeing 747 aircraft
          AFP  -  58 words
        • Article
          Lock icon Chevron settles oil spill
          69 46 Reuter SACRAMENTO, California The California Environmental Protection Agency said Chevron Corp would pay US$5OO,OOO (*****,750) in a settlement between it and local and state agencies over a 90,000 litres oil spill near El Segundo in southern California in 1991. Chevron Shipping pleaded "no contest" to one
          Reuter  -  69 words
        • Article
          Lock icon Bangladesh TV slammed for news blackout
          74 46 AFP DHAKA State-run Bangladesh Television (BTV) is under fire for failing to telecast this week's crash landing of a DC-10 aircraft of the national carrier Biman, it was reported here yesterday. The government has ordered an inquiry to ascertain why BTV did not cover
          AFP  -  74 words
      • Article
        Lock icon Indian Airlines to merge with tiny domestic carrier
        167 46 AFP NEW DELHI The Indian government on Wednesday announced the merger of its tiny Vayudoot airline with the state-run Indian Airlines, one of the world's largest regional carriers. An official spokesman said the decision was taken by the Cabinet late on Tuesday,
        AFP  -  167 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1419 46 city n» et* n» n» Aba Dhabi GA928 0040 AMaMa Of81 1940 QF82 2055 SQ227 2230 Amsterdam KL837 1445 GA890 2310 SQ323 1815 SQ324 2345 GA892 2359 Mbawa SQ348 2300 Aucfcland NZ35 1550 BA11 1505 SQ288 2030 SQ285 2015 BA12 2200 NZ36 2340 Bahrain GF149 0650
        1,419 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      22 27 REGIONAL ANALYSIS Every Wednesday in Business Times Cracks in shipping standards, Page 18 TNT gets nod to fly to Hongkong, Back Page
      22 words
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      Page 27 Advertisements Column 2
      25 27 Un— end services represented bv Members of the Registry o! Accredited Shipping Agents, Singspore VvISKJ Netionel Shipping Association For advertising enquiries, contact Shipping TimesTel 740-2089/740-2090
      25 words
    • Advertisement
      Page 27 Advertisements Column 3
      35 27 THE FAMOUS 224 1833 For more information please refer to Pg. 13 BffsPlF lIIJ v..*//■•r''-'"""V •*> f LOOKING DEEPER A probe into current market developments. Hock Lock Siew. Everyday. Singapore nn Business Times WE KNOW ABA
      35 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      445 28 TSKUNE AGENCIES (S) PTE. LTD. rI 1 |7 -W nrri Tel: 226-3363 pPS J. •kj 9 9 JLJLW Jbi Fax: 226 1972 3 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N 1 'ww M MM 1 11 'fcifclla ±I*ll. mm,' flKt i. Wm PACfIC WWW ll» 1105 '21.05
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      1460 28 TP W WffT CQAfT A jyWgff) I TO IAOT IT—ffUU. COHTA—I MWCB 1 JOB ML If -U EE El WL HOWTW OK ofi B MML- HI IWT I ITM I BTMI lmii—[ RT lf| IATTMMI mmm I—ml M CBBTmI Ml] CAttfORMA IWITIR M 2677S lit I IS* ll( 17 C
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      1745 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN. BHD. TEL *****13 FAX *****42 PETALING JAVA TEL 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL *****64 FAX: *****09 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 IPOH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL: *****21/
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      386 29 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 fmuAsc/j| fuNfTED ARAB SHIPPING CO.(SAG)I H To US E—t Co—t Sal r" I 111 I m M mB MO4M 27® 2/7 4/7 V 7 (/7 M SM MtM 14/4 1(1 17/4 11/4 M IMAM Willi 22/4 21/7 11/7 l/l 1/1 M 2MXM
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      1212 29 ■□liV.HiHll'k'll DO YOU KNOW WHAT IS IMPORTANT ABOUT THE NEW SLX service TO USA IT IS ALL MAERSK MAERSK SHIPS ANDERS MAERSK LUNA MAERSK ANNA MAERSK ARTHUR MAERSK LAUST MAERSK MAERSK CLOSINGS CY-EVERY WEDNESDAY 2000 HRS CFS-EVERY WEDNESDAY 1200 HRS MAERSK TERMINAL MAERSK NEW LONG BEACH TERMINAL MAERSK TRAINS MAERSK
      1,212 words
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      1584 30 AQABA R OAM/ [I ALSO ACCEPTINO FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE MALAYSIA KITANO 19/319 22/5 31/5 5/6 9/6 12/6 12/6 16/6 po,, Kelang. Penang MONTE ROSA 24/120 26/5 13/6 16/6 14/6 Paslr Gudang KATSURAGI 15/320 29/5 7/6 13/6 16/6 19/6
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      599 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 e Mongolia e Hungary CSFR e Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE
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      Page 30 Advertisements Column 3
      1389 30 I raaaaaaia mmnT MMW REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOV SIN ALG BCL* VAL* LHA HAM BRE# ROT ANTS FEL ARABIAN SEA 319W 25/05 16/06 23/06 24/06 21/06 23/06 24/06 25/06 26/06 27/06 CHWA SEA 320W 01/06 23/06 30/06 01/07 26/06 27/06 29/06 28/06 30/06 01/07 NORASIA AL MUNTAZAH 9321-3
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      2069 31 STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Trt: *****08 Fax: *****17 nkw Q\MMA Pkcmc UNF fSwEkt (a service of china navigation co) accepts vyyv CARGO DUE SAILS 52f l L S -JS J U Vl i! 1,6 h M 21 M, FCL, LCL CONTAINER
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      Page 31 Advertisements Column 2
      2958 31 n SINGAPORE AGENT: IJXtI 1 I AfltQlflAl*G PAO Containers (Singapore Agencies) Pte Ltd X \jUlliCllllvl 9 10 Hoe Ch 'ang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 ■VVmn Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VIBSCL VO* 'MM 7*o MM ALO SOU
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      760 32 I M6feuß6pfe 3> I EXPRESS jßttMCft o^"" x I (si I »ot hw| »«m urn htwc I worn wmwr I SKI HHiOt* 37K8 2-</7 I 27/7 1/1 5/» 10/1 ►TO AUSTRAUA^^ m*FULMSQOTAINEft EAST COAST PORTS VSIVOY PKL SPORE SYD MIB BWS fRE ACtl WO ASIA SOS 31/5 30, 5 13/6
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      Page 32 Advertisements Column 2
      2173 32 0 HANJIN SHIPPING FDR VSI SM LME HAUL SEA POI F0« VSL SM IIME HAUI SAV HM NYC HANJM KAOHSWNG 012E 2/ 5 DMICCT 17/ C HWUM KAOHS&MG 0121 27/5 K KWVOM 049E 1/7 2/7 4/7 HANJIN EIIZABETH 008E 3 6 OHECT 24/6 27/ C HAIUN ELIZABETH 00* 3 6
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      1624 32 "H Hi 1 IPH SGP IX we uc ns *i oa KT ae ito lai cms mi rtc u* mm km nr «g pso cm nu sgp I LGOLOtNMtM 21/5 21/5 27/5 21/5 2/t 4/1 5/« t/t 7/* t«/C 30 i 2/7 J/7 13/7 14/7 15/7 lt/7 17/7 27/7 t/l
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      1960 33 ll SCX: 'CALIFORNIA JUPITER 64E' ETA SGP 26/05/93 II II I! ARRIVING LOS ANGELES 13/06/93 IN 17 DAYS Ml II II AEX: NEPTUNE CORAL 09C" ETA SGP 22/05/93 II H ARRIVING NEW YORK 14/06/93 IN 22 DAYS H I ropww.uMlNLANDpoints J FEEDER VSI. VOY SGP MOTHER VSL VOY SET PLD
      1,960 words
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      Page 33 Advertisements Column 2
      1123 33 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—DtSCHARGWC WESTBOUND—LOADMC TRMSHHtD VIA ROTTERDAM
      1,123 words
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      1677 34 VW" AS AGENTS KAHfASAKJ SINGAPORE (FTE) LTD (CH No: **********0 M) W apM TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 W Mj A MALAYSIA "K" LINE MAMTIME (MALAYSIA) SON BHD I V TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I INDONESIA: P.T. SARANAIAUT HfTEMNJSA. TEL JKT
      1,677 words
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      Page 34 Advertisements Column 2
      625 34 f=K© PHI LI on If NT LINK PTC LTD y* 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 28 MAY SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 23 MAY AUCKLAND. WELLINGTON. LYTTLETON,
      625 words
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      426 34 /Vtsstt golden lineA guan guan shppmg (PTE) LTD W 23. Tatt Apr Street SMGAPOK 01M m ***** M (II IKS) FM: *****04 (CR N* **********0W) «mm/WMUM CULTIMTKI S pore P Ketang Penang lIUK oua Karachi Dubai 24/25 Hjt GOUJEM KM Karachi Du6* 4/ kr chima mnci GOLDEN WOK)£K China Ports
      426 words
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      967 35 PACIFIC INTERNATIONAL LINES (PTE) LTD) I SSSSf 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I CR NO **********06 VESSEL VOY SIN BKK SIN uiimk fauatob rDVQTAi <>nu 00/ c «/e H/E EQUATOR HAWK 92N 23/5 28/5 30/5 CRYSTAL 142N 22/5 25/5 29/5 KOTA INDAH 3311 23/5 2t/5 30/5 KOTA
      967 words
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      1805 35 MEDITERRANEAN FAR EAST SERVICE (A MEMBER OF THE MED CLUB) EXPORT: TO MEDITERRANEAN IMPORT: FROM MEDITERRANEAN VESSEL NAME VOT Uh PI BCN fOS ITSff IKS WSStL KM VOY I SIN I HKG TKT WAG KOBE KEt RHM MMU 20/520 74 OS 07/06 10 06 12/06 14,06 It 06 OCEANUS OSAKA
      1,805 words
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      Page 35 Advertisements Column 3
      314 35 I BSfl iiT M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kit Pen P.Gdf AVA ¥122** M PT HAKHA V472W 26/28 May PAGAN VI9BW 28 30 May MALAYSIA AGENTS BOUSTEAO SUPPING AGENCCS Km Ttl 03 *****00 PKL: TEL 03-365C767 PEN TEL 04 -SICI3S PGD:
      314 words
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      2597 38 Full Container Liner Services Malaysia s Agents: Indonesia 's Agents: I General Agents: Booking Agents: Coon Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Potra Indonesia Maritime Costar Shipping Ptc Ltd Shipping Freight B—kmg Centre SO* BM 58 Persiaran Raja Moda Musa Lot 3.34. 3rd Floor. Jl
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      704 39 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 24/05 ROTTERDAM 24/05 AARHUS/ COPENHAGEN 24/05 HAMBURG/BREMEN 24/05 MARSEILE/FRANCE 27/05 FELIXSTOWE/UK 24/05 BARCELONA/SPAIN 24/05 LEHAVRE/FRANCE 22/05 GENOA/ITALY 22/05 ANTWERP/BELGIUM 23/05 LOS ANGELES/WC/PI 23/05 SYDNEY/MELBOURNE 25/05 NEW YORK/EC 23/05 FREMANTIE/ADELADE 25/05 VANCOUVER 26/05
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      Page 39 Advertisements Column 2
      712 39 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOAOtNG FOR SPORE ABYOT 32W8 06/06 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANOINET 31 We 21/07 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA g KIEN HUNG
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      Page 39 Advertisements Column 3
      1006 39 JAKARTA BANGKOK fasti. wr I ""j T Iwaaa wi vmkm imic RAIA BUM 7SS 25/5 NANTA BHUM 142N Sat 22/5 Wed 26/5 ISRA BHUM 03S 22/5 28/5 CHAJYK BHUM 36* Smi 23/5 Thu 27/5 THANA BHUM 31S 24/5 2t/l HT» BH» Ml Tue 25/5 fri 2t/5 —tin— m —£<__ m—
      1,006 words
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      1520 40 !pL4ißMN <^contaTne ~fW\"l A 9 ents: MAC-NELS SPORE: *****22 (24 LINES) *V J V /C/R No: **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 I J I HKG/TWN/BKK I GOTH/UKC/MED PORTS PEN PKL SIN EVERY TUE/THUR/SAT PEN PK SIN
      1,520 words
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      Page 40 Advertisements Column 2
      236 40 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SM N Z STAR 7S 26/5 6/6 8/6 25/6 PREMER 24S 8/6 21/6 23/6 8/7 MJST STAR S7S 17/6 29/6 1/7 17/7 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON. ACCEPTING FCL LCL FOR NEW
      236 words
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      Page 40 Advertisements Column 3
      799 40 f THONG SOON UNES PTE. LTD.] A' 77 ROBINSON ROM) #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****66 SINGAPORE TO BABAWAK VESSEL W S'POiE DEST VESSEL VOY SPORE PEST EQUATOR GRACE 87/3E 22
      799 words
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      Page 40 Advertisements Column 4
      167 40 ■NDOJAYA J SHIPPING TRADING PTE LTD i I WEEKLY TO JAKARTA/BUWABAVA I J Vmml eta/etd destination I Perita Intan 21-22 May Jakarta/Palambang i i Sinar Jaya 26-27 May Jakacta/Patambang Mas Jaya 26-27 May Jakarta/Palambang i Pinang Jaya 28-29 May Jakarta/Palambang i i Lampung Jaya 26-27 May Paniang/Cilagon i Wasian 24-26
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      867 41 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/lAPAN SERVICE ACCEPTNG BREAK BULK SOC CARGOES TO FROM KOBE. YOKOHAMA NAGOYA. HON. TOKYO* MANIA*. DAVAO* Penang" P. Kelang Singapore E'Msia* KAMALEVERETT VI6E 05/05 Jim KARABIEVERETT VI2E 18/19 Jun SHAPIAEVERETT VI6E 05/06 W 07/08 hit ACCEPTMG BREAKBUK FCI SOC CARGOES TO FROM CUTTAGONG. CALCUTTA ANO
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      329 41 181 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 15/5 21/5 22/5 11/6 GLORY SELATAN V 20/5 26/5 27/5 6/6 SP PKL HCM HK KAO HSIEH YUNG 22/5 ACCEPT
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      Page 41 Advertisements Column 3
      629 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 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO SOUTHERN
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      Page 41 Advertisements Column 4
      478 41 "HIM FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SIN DURBAN P ELIZABETH SIN FENGKANGSHAN V5O/51 19/ OS OS/06 08 06 26/06 FUVUSHAN V 44/45 04/06 20/06 23/06 11/07 FENGSHUNSMAN V 45/46 19/06 05/07 08/07 26/07 ALSO ACCEPTING TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS
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      Page 41 Advertisements Column 5
      283 41 SIN FAR EAST 25/5 KEELUNG/KAOHSIUNG 22/5 BANGKOK 24/5 MANILA/CEBU 23/5 JAKARTA/BELAWAN/SURABAYA 24/5 PORT KELANG/PENANG/E. MALAYSIA 24/5 BUSAN 24/5 TOKYO/YOKO/KOBE/NGO/OSA 24/5 HONG KONG SIN CHINA 24/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SjN EUROPE/UK 24/5 LDN/FLX/LVP/SOU 24/5 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgana/Czech. SIN USA/CANADA 23/5 LOS ANGELES/NEW
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      779 42 (Ml USBI EIPiESS IMB HON6 KONG/CHINA 24/5 it 31/5 JAKARTA 28/5 4/6 BANGKOK 26/5 A 2/6 MANILA 28/5 4/6 BUSAN 24/5 31/5 KEELUNG 29/5 5/6 TOKYO/KOBE 28/5 4/6 KAOSHIUNG 25/5 ft 1/6 POBT KELANG/PENANG 28/5 4/6 YOKOHAMA 28/5 4/6 COLOMBO 29/5 ft 5/6 FELIXSTOWE/HAMBUR6 28/5 ft 4/6 CHITTAGONG/MAORAS 24/5 ft
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      Page 42 Advertisements Column 2
      512 42 y Conterm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 25TH MAY ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 27TH MAY PORT KELANG 27TH MAY JAKARTA 23RD MAY BANGKOK 23RD MAY FREMANTLE 29 MAY MELBOURNE 28 MAY SYDNEY 28 MAY BRISBANE 30 MAY I^GoTHB!bUß6^^29SA^^^| 'ACCEPTING TO ALL SCANDINAVIA PORTS KARACHI 24 MAY
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      Page 42 Advertisements Column 3
      536 42 CONSOLIDATION TO LIMASSOL T JJ 3£Er^^ FIRST FORWARDER IN VESSEL GERMAN SENATOR V.WM32I iMwmuWA ETD 31 MAY 93 CLOSING: 29 MAY 93 ALSO ACCEPTING CARGO VIA LIMASSOL TO rfc) BEIRUT, HAIFA. LATTAKIA, MALTA CALL US NOW FOR BOOKINGS H INTERNATIONAL SEA FREIGHT FORNAROMG #1 Tel: Fax: LOGISTICS SERVICES (I Singapore
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      1377 43 VESSEL/VOYAGE SK6APOBE DURBAN PORT ELIZABETH CAPE TOWN IMU. W7SOf 29/5 U/t 12/5 14/ C NEDIIOYD CQCQWBO V9B6SF 1/6 20/5 22/t 2!/S OSAKA MAWJ mm JJ 30J H7 4/7 HMATA W333f 2J/6 10/7 12/7 14/7 Mi OOlOf 07/7 20/7 22/7 £4/7 HAYAKAWA MAOU 0169f 17/7 30 !IZI WAI 02<7f 27/7 09
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      Page 43 Advertisements Column 2
      66 43 "BANGKOK" P.A.T. KLONG TOEY PORT ETA ETA VESSEL VOV SIN BANGKOK NANTA BHUM 142N 22/05/93 26/05/93 MAHA BHUM 159N 26/05/93 30/05/93 NANTA BHUM 143N 29/05/93 02/06/93 MAHA BHUM 160N 02/06/93 06/06/93 (MAHA BHUM IS A FULL THAI FLAG VESSEL) ETA ETA ETA VESSEL VOY SIN MANN. A CEBU G KOZINTSEV
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      110 43 0 JVPrgT CRYSTAL FREIGHT SERVICES PTE LTD fl TOLL FREE LINE *****88 MA|N L|NE; *****33 asiam pouts zEAUM/mmm uman BANGKOK 24/5 AUCKLAND 25/5 ANTWERP 23/5 BUSAN 26/5 ADELAIDE 26/5 FELIXSTOWE 29/5 HONG KONG 26/5 28/5 BRISBANE 30/5 HAMBURG 23/5 JAKARTA 25/5! 1/5 23/5 ROTTERDAM 23/5 SURABAYA 28/5 QvnwFY 11/ l
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  • Page 43 Miscellaneous
    • Miscellaneous
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      306 43 TODAY'S TIDES (height in metres) HOI* 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.1 2.3 1.7 1.2 0.8 06 0.5 0.6 1.1 1.6 2.1 2.3 2.4 2.2 I.S 1.4 1.1 0.9 0.9 1.1
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      475 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL I VOYAGE SINGAPORE MANIA VIGOUR PACriC 1 18NB 21/05/93 28/05/93 niSfSS. Si.* VIGOUR PACIFIC 18ANB 24/05/93 28/05/93 VIGOUR SINGAPORE I 54N8 28/05/93 04/06/93 VIGOUR SINGAPORE 1 54ANS 31/05/93 04/06/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG MARWA MAS 9375N8
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      Page 44 Advertisements Column 2
      203 44 Ign FREIGHT MANAGEMENT^ GENERAL: *****11 BOOKING: *****5S INDIAN SUB-CONTINENT Chittagong, Madras, Calcutta, Bombay, Colombo, Karachi 2 EES FREIGHT SERVICES PTE LTD #01-60 Wallich Building, Singapore 0207 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
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      Page 44 Advertisements Column 3
      145 44 interoceanA ViJIINE KO(KL) Tafc 03-*****34 (9 lirtM) Far 03-*****11/*****13 Panang Oil— Tafc 04-*****1/*****1 Fax: 04-*****0 Ipo* Off Tafc 05-*****3/*****9 Fax: 05-*****4 ici/rci loading for AUSTRALIA SYD. MELB. ADE. BRIS, FREM. UK/EUROPE LE HVE. HBG. BREMEN, R OAM. GENOA, ANTWERP. UK PORTS 4 SCANDINAVIA USA WEST EAST COAST. GULF INLAND PORTS
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      Page 44 Advertisements Column 4
      385 44 WOOD LINE SOUTHERN AFRICA SERVICE SPORE PL DSN CT A VESSEL S93OS 15/6 2/7 10/7 20/7 •ALSO CALLS EX. AND H PK SEAFIX SIMTMG SOW BHO TEL 367 5525TLX. ***** ItJC.: CAPRICORN FREIGHT BEWVICEB TEL 213 202 TLX. Sl2OO secil maritima, u.e.e. Luanda, Angola. FAR EAST/ ANGOLA SERVICE SPORE LOADMG
      385 words
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      897 45 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOY PNA I PKE I PCD VESSELS VOY_ SIN RTM MIT* LEW HAM Bttt PEL MM ADVANCE ISA 18/05 19/05 20/05 OOCL CHARISMA 305W 23/05 11/06 11/06 12/06 13/06 13/06 15/06 HMM ADVANCE 19A 25/05 26/05 27/05 H. PIONEER
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      Page 45 Advertisements Column 2
      485 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS HSttl in ff N IK u MOM (MMSit U 23 S 25 S OM»Cl OCtU 134 2* S BM 27/1— CMBTM TUOII 33 31/S 2/1 stm wan is m n FU (IST IIfRISS I l/l MBMH \1 II I
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      Page 45 Advertisements Column 3
      955 45 JEDDAH/UK/CONTINENT 4 I STOW AD S lON HUM ADAM LIH *Mm Accq>tii( C«( 0 F« KIIAMO 19/319 22/5 31/5 9/C 12/1 14/1 IC/I Swthjmptor :tojl UK dntiubon, Bef ut ml OuMn MONTI ROSA 24/120 2C/5 12/ C 15/ C 17/ C RotlercLwn :to M Antwerp. Amtntan. o*. Marti KAISIMAQ 15/320
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      Page 46 Advertisements Column 1
      72 46 •> If 7s SHIP MANAGER M. French speaking Ship Manager required immediately to manage asmall passenger/cargo ship running between 3 ports in Madagascar. Main duties are to liaise with passenger/cargo Agents, handle vessel's budgets and accounts, liaise with Captain on crewing. House and car provided in Nose Be with tax
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      Page 46 Advertisements Column 2
      48 46 Monday in Business Times Finnair Business Class Speed, Comfort and Space Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. know the world from start to Finnish.
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