The Business Times, 8 March 1994

Microfilm: NL19089
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times H'L KSOU ASIA MITA(P) 010/12/93 Tuesday March 8 1994 75 c
    14 words
  • 2 am LATEST
    • Article
      Lock icon Dow Jones up 20.74 points
      44 1 Reuter NEW YORK Wall Street stocks extended their rally into midday yesterday, building on a strong bond market and firm European bourses, analysts said. At Ipm EST, the Dow Jones industrial average stood at 3,853.04 up 20.74 points. Reuter
      Reuter  -  44 words
    • Article
      Lock icon Investment in Aussie mines at risk
      59 1 Reuter LONDON Investment in Australia's mining industry has been put at risk by the recognition of Aboriginal land rights, said an industry lawyer last night. The Native Title Act was passed last December by Parliament. "As a result of the Act, investment is starting
      Reuter  -  59 words
  • Article
    MARKET SUMMARY
    159 1 Stock narlwt IwHwt Monday Change ST1I 2,243.74 -4.89 KLSE Comp 1,045.72 -18.62 Nikkei 19,811.88 -154.12 Hang Seng 10,061.55 +143.36 SET Index 1,376.68 +17.43 Jakarta Comp 522.369 +0.9 CLSA China B NA Aust All Ord 2,144.7 +27.9 FTSE 100 3,305.9 +27.9 Monday Previous lpm dose Dow Jones 3853.04 3832.30
    159 words
  • Article, Illustration
    Lock icon S'pore private housing market shows more signs of buoyancy
    654 1  -  By Abdul Hadhi SINGAPORE Some property experts are revising their bearish forecasts of the trend of private residential property prices this year. The balance of evidence suggests that demand is still healthy, and that the predictions of an 8 per cent
    Source: CPF  -  654 words
  • Article
    Lock icon Beijing to get world's largest theme park
    139 1 Reuter BEIJING South Korean and Chinese investors said yesterday they would build the world's biggest international theme park in a Beijing suburb. South Korea's Unicorn Company will put US$l5O million (***** million) into the park in Beijing's Fragrant Hills district, a scenic area
    Reuter  -  139 words
  • Article
    Lock icon New wage pact ups chances of further German rate cuts
    433 1 Bloomberg Business News Reuter FRANKFURT The Deutsche Bundesbank is likely to ease interest rates again soon with IG Metall entering a new wage pact for salary increases below the inflation rate, economists and traders said. "The Bundesbank should be popping
    Bloomberg Business News; Reuter  -  433 words
  • Article
    Lock icon US seeks to strengthen defence ties with China
    483 1 Los Angeles Times HONOLULU In the midst of the Clinton administration's conflicts with China over human rights, the Pentagon is preparing a series of important steps to upgrade Washington's defence ties with Beijing, including possible joint US-Chi-nese military cooperation in Asia. Pentagon
    Los Angeles Times  -  483 words
  • Article, Illustration
    Lock icon HK exchange plans reforms to hone competitive edge
    397 1 Reuter HONGKONG The Hongkong stock exchange has proposed a series of changes in its trading regulations, including longer hours, new trading instruments and listing requirements, and wants comment from the securities industry. Among its proposals were adopting United States-style listing requirements, greater
    Reuter  -  397 words
  • Article, Illustration
    Lock icon Regional bourses in cautious mood, still worried about US interest rates
    288 1  -  By R Sivanithy SINGAPORE The uncertainly over the direction of US interest rates continued to take its toll on regional stocks yesterday, as most investors preferred to adopt a wait-and-see stance. In light trading, the Straits Times Industrials Index
    Source: Bridge Info  -  288 words
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      115 1 v Th» Worth SmM 36mm Auto Focui Zoom Camera i Nikon ZgPWI3gDQD CONTENTS sasr.m» Regional News 3,4,5 Franco! 20.21 World News 7.8 Fntm Mariwts Analysis 15 Ctob/KtSt. SES 2426 Editorial 14 Reponal 22 Sports 9 World 23 TV/Lifestyte 11 Currenaes —JO Regional Focus 6 Smex/Commo ...20.21 S«tacri»tiM Tel *****4925/7 Fan
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      22 1 Property: Pg 12 Coming up: KL property index Budget debate: Corporate sector's Budget grouses are short-sighted, say MPs. Full report, Pg 2
      22 words
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      40 1 Hock Lock Siew: pg /fq Sembawang group aC&frssroads More reports, Pg 13 Long-awaited drop in prices may not materialise How reliable are analysts' forecasts? US won't back down on Super 301 threat, Pg 16 Beijing hauls in dissidents, Pg 4
      40 words
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      69 1 The Bottom Line: Pg 16 ffiisky but brave budget for India Orrnr 20 graphic* tymbote bum-in. i t i lu PERFECT FOR: 1 Presentations 1 Graphics App l o3 ooB Displays 'Hll Sequential Numbers Property Markers I Commercial Usage For offices Industrial Signage Factories inventory Bins Shelves Stores for durability
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      11 1 jX* Th# Woritfi Smtat 35mm Auto Focus Zoom Canwa f ZQDM3qpQD
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Not a good time to change jobs
        297 2  -  By Teh Hooi Ling DEMAND for executives and professionals slowed significantly last month or so the number of advertisements placed in The Straits limes for such positions would suggest. The total number of job ads in the Appointments section was 30 per cent
        Source: ST Appointments  -  297 words
    • IN BRIEF
      • Article
        CPF funds for overseas projects?
        61 2 THE GOVERNMENT should consider allowing the Central Provident Fund to be used for investments in specific approved overseas projects, says Thomson GRC MP Leong Horn Kee. One example is the recently announced Singapore-Suzhou project. "It could become a privatisation project like Singapore Telecom where Singaporeans
        61 words
      • Article
        Double risk for businessmen
        94 2 CAN local entrepreneurs use their overseas assets as collateral for loans? Overly cautious local banks insist that private entrepreneurs use their local assets as collateral for loans for overseas activities, resulting in "double risk" for the businessmen, says Leng Kee MP Ow Chin Hock, reporting on
        94 words
      • Article
        On CPF retirement interest rate
        80 2 THE higher interest rate for CPF retirement and special accounts 1.25 points above normal CPF rate is not good enough, says Tanjong Pagar GRC MP SVasoo. Having it 2-2.25 points higher would be a greater incentive to save in the CPF after 55 years, he
        80 words
      • Article
        Redistribution of bike COEs
        48 2 THE FORMULA for converting and distributing unused motorcycle Certificates of Entitlement will be announced together with the quota allocation for May 94-April 95, Communications Minister Mah Bow Tan said yesterday. A total of 5,157 unused motorcycle COEs have been frozen since Jan 29, 1994.
        48 words
    • Article
      Corporate sector's Budget grouses short-sighted: MPs
      529 2  -  Yesterday in Parliament Most speakers hail financial package as sound and pragmatic Reports by Anna Too Chuang Peck Ming MPs yesterday dismissed as short-sighted the corporate sector's Budget grouses, saying it should not expect a probusiness fiscal package year after year. Instead, most of
      529 words
    • Article, Illustration
      Government will not bail out investors of GLC stocks in the event of a crash
      326 2 INVESTING in governmentlinked companies (GLCs) is no sure way of winning, as the case of RMCA Reinsurance shows, says Finance Minister Richard Hu. And the government would not step in to bail out investors when
      326 words
    • Article
      Privatisation may lead to poorer services: Aljunied MP
      261 2 PRIVATISATION of government functions, for all the efficiency it brings, might result in poorer services. Member of Parliament Chin Harn Tong said yesterday. And in the end. it could hurt Singaporeans* quality of life, the MP for Aljunied GRC said during the
      261 words
    • Article
      Defence lawyers wrap up their case
      550 2  -  The OSA trial By Ramesh Divyanathan DEFENCE lawyers of the five men charged under the Official Secrets Act (OSA) closed their case yesterday. The prosecution and defence counsels will now exchange written legal arguments. Court sits again on March 17 and 18 for further
      550 words
    • Article, Illustration
      NTUC names Tibs' Ng Ser Miang as chief of regional investment aim
      245 2 TIBS HOLDINGS chief executive Ng Ser Miang has been made chairman of Fair Price International, the overseas investment vehicle of cooperative NTUC Fair Price. NTUC Fair Price is developing a supermarket chain in Dalian, a port city in
      245 words
    • Article
      Times Periodicals expects sales of magazines to escalate this year
      192 2 TIMES Periodicals, a member of the publicly-listed Singapore Press Holdings, expects bumper sales of magazines this year. The group, which publishes a range of publications in fields as diverse as business and fashion. says the circulation of many of its
      192 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Private investment highest in Asian nations: report
      483 3  -  By Yang Razali Kassim SINGAPORE Asian countries have the highest levels of private investment, according to a World Bank affiliate. The International Finance Corporation said this has been the trend over the past eight years and has been brought about by the increasing
      Sourer IPC  -  483 words
    • Article
      Lock icon M'sia trade row: British minister turns heat on editor
      311 3 Reuter LONDON Trade Minister Richard Needham yesterday sought to placate Malaysia over British press allegations of corruption by criticising the newspaper that has most irritated Kuala Lumpur. Mr Needham's comments followed signs that diplomatic efforts are intensifying to defuse the row,
      Reuter  -  311 words
    • Article
      Lock icon Thai coalition partner dealt major setback in Bangkok elections
      369 3 AFP BANGKOK Voters here have dealt a stinging setback to a key member of the national government coalition in local elections which saw the promilitary right make the greatest gains. Political analysts said public bickering between two government parties during the
      AFP  -  369 words
    • ASIA NOTES
      • Article
        Lock icon Asean meeting on security opens
        71 3 AFP BANGKOK Delegates from the six Asean countries targeted the region's hot spots and "potential crises" yesterday on the first day ol talks aimed at defining a common approach to security problems. The Asean representatives were meeting at the start of a three-day conference to
        AFP  -  71 words
      • Article, Illustration
        Lock icon A Greenpeace inspector calls
        47 3 Reuter MANILA Ann Leonard, a member of ihe environmental group Greenpeace, inspecting "hazardous" computer waste from Australia after Philippine customs officials here opened three container vans earn ing computer waste yesterday. The shipments were in a Russian vessel intercepted on March 2. Reuter
        Reuter  -  47 words
      • Article
        Lock icon India, Iran sign oil cooperation pact
        71 3 Reuter NICOSIA India and Iran have agreed to cooperate in oil and gas prospecting projects and to push ahead with talks on a gas pipeline from Iran to India. Iran's news agency Irna and Teheran Radio said on Sunday that the two countries signed
        Reuter  -  71 words
    • Article
      Taiwan firm to make Honda bikes in Vietnam
      363 3  -  By Harish Mehta SINGAPORE Vietnam's favourite motorcycle, the Honda, is set to be the first foreign machine to be produced in the country but not by the Japanese firm. Honda Motor Co Ltd was pipped by Taiwan's San Yang Industry Co Ltd.
      363 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon HK/China to be second biggest market for Asian exports: report
      409 4 Bloomberg Business News HONGKONG Ihe Hongkong and China market is poised to surpass the European Union as the second largest market for Asian exports. US investment bank Morgan Stanley, in a report yesterday, also said the six countries in the
      Bloomberg Business News  -  409 words
    • Article, Illustration
      Lock icon Market economy bane of a Beijing plant
      628 4 Reuter BEIJING For Yang Zhankui and his 1.400 workers, 1993 was a bad year their Beijing Copper Factory went into the red, wages fell, output was 28 per cent of capacity, cash was short and customers did not pay their bills. But the
      Reuter  -  628 words
    • Article
      Lock icon Taiwan-China trade rises 17.3 pc
      476 4 Reuter AFP TAIPEI Trade between Taiwan and China through Hongkong surged 17.3 per cent from a year earlier to US$B.7 billion (5513.9 billion) in 1993, but growth appeared to be slowing, the Board of Foreign Trade said yesterday. Exports, many of them machines and components
      Reuter; AFP  -  476 words
    • Article
      Lock icon Chinese provinces ignore curbs on luxury developments
      203 4 AFP BEIJING Local authorities have largely ignored strict controls imposed last year on luxury real estate developments such as golf courses, a senior Chinese land official was cited as saying yesterday. State Land Administration director Zou Yuchuan said on Sunday it was now
      AFP  -  203 words
    • Article
      Lock icon HK may lose HK$ 187b in trade if China's MFN status is gone
      257 4 Reuter HONGKONG Hongkong would lose up to HKSIB7 billion (SS3B billion) in overall trade, 75,000 jobs and HKS26 billion in income if the United States withdraws China's Most Favoured Nation (MFN) trading status, a top trade official
      Reuter  -  257 words
    • Article
      Boom time for Chinese newspapers
      332 4 HONGKONG The prospering mainland economy has brought about a corresponding boom in the publishing business. Blossom Magazine, a Hongkong publication, said on Sunday there were 2,039 newspapers circulating publicly on the mainland last year, an increase of 248 compared to the previous year. In other
      332 words
    • Article
      Lock icon Beijing hauls in dissidents on eve of Christopher's visit
      236 4 Reuter BEIJING China began the most important week of its diplomatic and political calendar on Monday with a crackdown on dissent, pulling security tight before the annual session of parliament and the arrival of United States Secretary of State Warren Christopher.
      Reuter  -  236 words
    • CHINA WATCH
      • Article
        Lock icon Shanghai to tap offshore gas fields
        74 4 AFP BEIJING Shanghai is to tap gas fields in the East China Sea in a bid to improve the environment by scaling back its reliance on coal for heating and cooking, the China Daily said yesterday. The project is forecast to provide China's largest
        AFP  -  74 words
      • Article
        Lock icon Taiwanese send US$ 42b abroad
        89 4 AFP TAIPEI Some U5542.7 billion (Ss67 billion) had been sent abroad by Taiwan residents, mainly for investment projects, since authorities started removing foreign exchange controls in mid--1987, bank statistics showed. For six consecutive years from 1988 to 1993, Taiwan posted deficits in its long-term and
        AFP  -  89 words
      • Article
        Lock icon BOC HK's forex business soars
        52 4 Reuter HONGKONG China-related foreign exchange trading by the Bank of China Group's Hongkong Treasury Centre has soared since its opening, a bank official said. Volume in December was 500 per cent up on April's level said Lam Yun-ming, deputy general manager of the group's business
        Reuter  -  52 words
      • Article
        Lock icon Taipei taxes may go up to pay debts
        127 4 AFP TAIPEI Taiwan may have to raise taxes to tackle a financial crunch in five years' time when government debts fall due. the finance minister said yesterday. "We will not rule out the possibility of increasing taxes and expanding the tax base
        AFP  -  127 words
      • Article
        Lock icon Taiwan Machinery auction cancelled
        75 4 Reuter TAIPEI The Taiwan government has cancelled this Friday's auction of a 60 per cent stake in Taiwan Machinery Manufacturing Corp because no bid applications were submitted by the Saturday deadline. It was to have been the first state-owned firm transferred to majority private hands since
        Reuter  -  75 words
    • Article
      Lock icon HK banking body defends interest rate cartel
      208 4 Reuter HONGKONG The Hongkong Association of Banks has defended its interest rate setting cartel as healthy and beneficial to banking consumers. Association chairman Paul Selway-Swift yesterday said the agreement, which local banks used to fix interest rates for deposits, created a stable banking
      Reuter  -  208 words
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      Page 4 Advertisements Column 1
      210 4 VIETNAM AT YOUR FINGERTIPS Be at the forefront of Vietnam's economy, subscribe now to VIETNAM ECONOMIC NEWS. The only English weekly economic magazine published by the Official Vietnam Trade Information Centre. Give yourself the competitive economic edge in Vietnam right here in Singapore! Latest trade information and economic trends j
      210 words
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      Page 4 Advertisements Column 2
      93 4 SOTHEBYS FOUNDED 1744 HHBk v. y A magnifkzot Diamond Necklace by Hany Winston. The selection of magnificent jewellery is to be sold in New York on 13th 14th April, 1994 Singapore Exhibition dates: Bth March 1994 11am to spm exclusively for American Express Card members only. 9th 10th March 1994
      93 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Seoul joins global race to produce high-definition TV
      562 5 Four conglomerates stake billions of dollars' worth of technology AFP SEOUL South Korea is venturing out of four years of costly laboratory experiments to join the international race for high-definition television, using a pool of technology from four leading conglomerates staking billions
      AFP; Reuter  -  562 words
    • Article
      Lock icon Japanese business mission on 4-day visit
      193 5 AFP NEW DELHI A high-pow-ered Japanese business mission began a four-day visit here yesterday aimed at examining trade and investment opportunities in fast-liberalising India. The delegation led by Eme Yamashita. chairman of the Ja-pan-India Business Cooperation Committee, will meet Indian government and business leaders
      AFP  -  193 words
    • Article
      Lock icon Indian economy likely to post 5pc growth, spurred by budget
      436 5 Reuter BOMBAY India's economy, spurred by interest and tax cuts in the budget, is expected to pick up steam with overall growth projected at 5.0 per cent in the coming year. Finance Minister Manmohan Singh told the Financial Express newspaper
      Reuter  -  436 words
    • Article
      Lock icon South Korea to revamp finance ministry
      184 5 Bloomberg Business News SEOUL South Korea's Finance Minister Hong Jai Hyung will revamp his ministry to enhance its role of coordinating financial policies. Mr Hong yesterday said a new bureau would soon be set up to coordinate interest rate, foreign exchange, monetary and other
      Bloomberg Business News  -  184 words
    • Article
      Lock icon Japan's planning agency report to show economy improving
      249 5 Knight-Ridder TOKYO Japan's Economic Planning Agency will indicate in its regular monthly report today that the economy has shown some slight improvement, thanks to recently released data. The report, which is the government's official assessment of the current economy, is scheduled for
      Knight-Ridder  -  249 words
    • Article, Illustration
      Lock icon A taste of the West
      46 5 Reuter TOKYO Japanese visitors tasting American rice at the US booth yesterday in the Foodex Japan 94, an international food exposition at Makuhari Messe, east of Tokyo. Forty-one countries exhibit their products of food and beverages in the five-day exposition. Reuter
      Reuter  -  46 words
    • Article
      Lock icon Yen's rise speeds S Korean recovery but doubts persist
      283 5 Reuter SEOUL The strong Japanese yen was quickening the pace of South Korea's economic recovery but a question mark still hung over the prospects for long-term growth, economists said yesterday. "There are signs of an economic upturn but it is too
      Reuter  -  283 words
    • Article
      Lock icon Huge growth in Asian project finance expected: Moody's
      432 5 Reuter MELBOURNE Huge growth in infrastructure funding requirements in the AsiaPacific region in the 1990s will spur comparable growth in project-finance debt, Moody's Investors Service said in a report. The credit rating agency said the potential was suggested by the World Bank's
      Reuter  -  432 words
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      197 5 illlflW#l*llc v a >4PAr. <v bVv£/P lp rvw^ Today's SMEi could bo •amor- Simply fay improving cosh flow dond companies in Malaysia, Eipfl^on^^^ row's MNCs. All it fokos ba Mo wMi immodkrto cash advances Thailand, Indonesia and »ho Improved Cash Flow imagination, forward thinking of up to 90% against their
      197 words
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      8 5 Botlomlime: Singh's budget: risky but brave, Pg 16
      8 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Rise of two daughters adds spice to Indon political scene
      898 6  -  it M IM i. i— Reports ny Maggie Ford in JAKARTA WHEN Megawati Sukarno, daughter of Indonesia's first president and now leader of the Indonesia Democratic Party, arrived in the troubled Indonesian province of East Timor last month, she was
      898 words
    • Article
      Jakarta finding it hard to win over E Timorese
      743 6 ON THE East Timor seashore, a few kilometres from the capital Dili, lies a small new village. Built by the Indonesian army, it is home to 550 people who formerly carved out a subsistence life in the mountains. The village is
      743 words
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      178 6 SHANGHAI Q .J* corners in China 1 'i «a 0 *i < 3 KUNMING Going to China is so much easier with Thai. That's because we've got all the corn e rs covered unth flights to Beijing, Guangzhou, Kunming and Shanghai With a total of fifteen flights a week, you
      178 words
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  • THE WORLD
    • Article
      Lock icon New figures show British recovery faltered in January
      497 7 Reuter LONDON Weaker than expected credit growth and a fall in housing starts in January provided ftirther evidence yesterday that Britain's economic recovery hit a rough patch in the first weeks of 1994, economists said. The Central Statistical Office said new consumer
      Reuter  -  497 words
    • Article, Illustration
      Lock icon Beauty in a beast
      49 7 AFP MOSCOW A woman soldier of the Tula Airborne Division (about 200 km from Moscow) applying makeup as she sits in an armoured personnel carrier during field training on Sunday. Russian women will join women around the world to celebrate International Woman's Day today. AFP
      AFP  -  49 words
    • Article
      Lock icon Russia suspends gas cuts to Ukraine ahead of debt talks
      341 7 Reuter MOSCOW Russia's gas giant Gazprom has halted a gradual cut-off in supplies to Ukraine ahead of talks this week on ways of settling Kiev's huge debt arrears, a company official said yesterday. "We are not taking any further measures
      Reuter  -  341 words
    • Article
      Lock icon Gore defends Clinton, concedes mistakes in handling of inquiry
      334 7 NYT WASHINGTON Vice-Pres-ident A 1 Gore has offered a vigorous defence of President Bill Clinton, but acknowledged that "mistakes have been made" in the handling of an inquiry into an Arkansas land deal and that the White House must now approach
      NYT  -  334 words
    • Article
      Lock icon Europe's traffic cops take a right turn onto info superhighway
      397 7 Reuter VELIZY, France Europe's journey down the information superhighway will get a boost in April as the new traffic cops of these communication byways are put through their paces in a continent-wide trial. The project will involve 17 operators in
      Reuter  -  397 words
    • Article
      Lock icon Norway fish on menu in EU expansion talks
      579 7 Reuter BRUSSELS European Union foreign ministers gathered yesterday for a crunch meeting to decide whether they can bridge a gap with Norway over fishing and agree terms for the bloc's expansion to 16 members on Jan I. "We are ready to negotiate
      Reuter  -  579 words
    • WORLD WATCH
      • Article
        Lock icon Paris to host European stability meet
        94 7 AFP PARIS An international conference for a European stability pact will be held in Paris on March 26 and 27, French Foreign Minister Alain Juppe said yesterday. The conference, proposed by French Prime Minister Edouard Balladur, aim at preventing ethnic conflicts, particularly in Eastern
        AFP  -  94 words
      • Article, Illustration
        Lock icon Rare Airless feline on show
        47 7 Reuter NEW YORK Sandra Adler playing with her hairless Sphynx cat during the International Cat Show in New York's Madison Square Garden on Sunday. There are less than 600 Sphynx cats in the world, making it one of the rarest breeds. Reuter
        Reuter  -  47 words
      • Article
        Lock icon Vancouver bourse moots Asian board
        73 7 UPI HONGKONG The head of the Vancouver Stock Exchange still reeling from a report damning that market's regulations yesterday said a new listing board for Asian companies would expand the exchange's global exposure. Vancouver Stock Exchange chief executive officer Donald Hudson, in Hongkong to drum
        UPI  -  73 words
      • Article
        Lock icon German wholesale sales rise 4pc
        76 7 Bloomberg Business News WIESBADEN, Germany German wholesale sales rose 4 per cent on a price-adjusted basis to 72 billion marks (Ss66 billion) in January from a year earlier, the Federal Statistics Office said yesterday. In nominal terms, the advance was 3 per cent, the office
        Bloomberg Business News  -  76 words
      • Article
        Lock icon Shevardnadze eyeing more US aid
        68 7 AFP WASHINGTON Georgian leader Eduard Shevardnadze was scheduled to meet his US counterpart Bill Clinton yesterday in a bid to secure additional US aid to his beleaguered country and to discuss Georgia's new close ties with Russia. Mr Shevardnadze was to meet with Mr Clinton
        AFP  -  68 words
    • Article
      Lock icon Global jobless rate has hit crisis level at 30pc, ILO warns
      403 8 IHT PARIS Unemployment has become a global crisis, with about 30 per cent of the world's labour force, or 820 million people, unemployed or underemployed, an International Labour Organisation report says. The ILO, a Geneva-based agency of the United
      IHT  -  403 words
    • Article, Illustration
      Lock icon Bridge over troubled waters
      48 8 Reuter MOSTAR, Bosnia A wooden bridge suspended precariously above the Maratva River links east and west Mostar. Until last November, the two sides had been connected by a stone structure. But heavy shelling took its toll and the 400-year-old link collapsed last November. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Poles strike as Solidarity seeks wage rises
      190 8 Reuter WARSAW Nationwide protests planned by Poland's Solidarity trade union kicked off quietly on Monday with two factories going on strike to press wage demands and seek negotiations with the government. Solidarity called for workers to down tools for a few hours at
      Reuter  -  190 words
    • Article
      Lock icon US to stay on fast track with telecoms overhaul
      449 8 Reuter WASHINGTON Legislators are rushing to pass new laws this year that would dramatically alter the communications landscape, forcing competing factions to make compromises to keep the ambitious agenda on schedule. The task of rewriting the regulations that rule the fastchanging
      Reuter  -  449 words
    • Article
      Lock icon Brazil wonders when minister will launch bid for presidency
      400 8 Reuter SAO PAULO Seven months before elections in Brazil, the most pressing question for both opponents and supporters of charismatic Economy Minister Fernando Henrique Cardoso is not if, but when, he will launch his bid for the presidency. Mr Cardoso, the
      Reuter  -  400 words
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      174 7 jKfMYOUR The Marie France system a can concentrate on any part off the body where to jM? -4 fat is the most troubling.' %22?8% Now, for one week onlft Marie France is focusing on BIG HIPS, "v WIDE HIPS, BULGING HIPS and FLABBY HIPS. Together with a sensible cfiet plan
      174 words
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      Page 8 Advertisements Column 1
      186 8 BFact is, the Panasonic plain paper laser facsimile is so advanced and reliable, it's used in many statutory boards and government offices. We have recently won a goverment tender to supply more than 100 of them. Why? Simply because of the facts: FACT 1. With the Panasonic plain paper laser
      186 words
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  • SPORTS
    • Article, Illustration
      Lock icon Huston powers his way to victory in Doral-Ryder Open
      447 9 Golf NYT MIAMI John Huston won the Doral-Ryder Open on Sunday by ambushing the field, coming from a four-stroke deficit to a three-stroke victory with a final round of 66 that was nearly accomplished in private. Playing the first 11 holes
      NYT  -  447 words
    • Article, Illustration
      Lock icon Olazabal ends 2-year drought to win Turespana Open
      446 9 AFP TORREVIEJA, Spain JoseMaria Olazabal won his first tournament in two years when he beat Ireland's Paul McGinley in a play-otT for the Turespana Open Mediterrania title here on Sunday. The 28-year-old Spaniard, who was second last week in the Andalucia Open,
      AFP  -  446 words
    • Article, Illustration
      Lock icon American pacesetter pulls a surprise
      560 9 AP LOS ANGELES Paul Pilkington, paid to be the pacesetter in the Los Angeles Marathon, pulled a major surprise by winning the race on Sunday. No one was more shocked than Luca Barzaghi of Italy, who finished second. Barzaghi was so confident that he mentally
      AP; Reuter  -  560 words
    • SIDELINES
      • Article
        Lock icon Morale-boosting win for England
        108 9 Reuter PORT OF SPAIN, Trinidad Half centuries from captain Mike Atherton and Alec Stewart and more rain helped give England a morale-boosting five-wicket victory over the West Indies in the fifth and final one-day international on Sunday. The West Indies reached a challenging 250 for nine
        Reuter  -  108 words
      • Article, Illustration
        Lock icon Jackson sets new world record
        46 9 AFP STUTTGART, Germany Britain's Collin Jackson celebrating after establishing a new world record in the men's 60 metres hurdles here at the Stuttgart Indoor Athletics meet on Sunday. Jackson clocked 7.3osec, improving on his own previous world record by o.o6sec. AFP
        AFP  -  46 words
      • Article
        Lock icon UAE upsets Kenya to win ICC Trophy
        170 9 AFP NAIROBI Underdogs United Arab Emirates beat Kenya by two wickets with five balls to spare to win the ABN Amro ICC Trophy here on Sunday. The Emirates, who won the toss but opted not to bat, looked to have blundered when the
        AFP  -  170 words
      • Article
        Lock icon Graf wins third straight title
        114 9 AFP DELRAY BEACH, California World No 1 Steffi Graf beat Arantxa Sanchez 7-5, 6-3 in the final of the US$4OO,OOO (*****,000) WTA tournament here on Sunday to win her third straight title and admitted she needed Monica Seles to return. "Everybody needs her back," said
        AFP  -  114 words
      • Article
        Lock icon Close fight for Sampras
        78 9 AFP INDIAN WELLS, California World No 1 Pete Sampras relied on tenacity to overcame a less than stellar performance as he twice rallied from a set down to win the US$l.72 million (552.7 million) Champions Cup tennis title on Sunday. The top-seeded Sampras turned back 10th
        AFP  -  78 words
      • Article
        Lock icon Smith rounds Cape Horn first
        101 9 Reuter SOUTHAMPTON, England Lawrie Smith, the British skipper of lntrum Just it la. rounded Cape Horn at the head of the 14-yacht fleet on the fourth leg of the Whitbread Round the World yacht Race on Sunday. Smith has led the fleet for the past
        Reuter  -  101 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        33 9 Reuter NEW YORK NBA Sunday: Cleveland 99 Chicago 95; San Antonio 111 Orlando 103; New Jersey 126 Philadelphia 99; Denver 117 Minnesota 97; Phoenix 92 Utah 103; Sacramento 85 Seattle 102. Reuter
        Reuter  -  33 words
      • Article, Illustration
        Lock icon Golf
        259 9 AFP AFP Reuter MIAMI, Florida PGA Dotal Open final round Sunday (US unless stated): 274 John Huston 70 68 70 66 277 Brad Bryant 70 69 69 69. Billy Andrade 70 68 66 73 279 Jim Thorpe 68 72 68 71, D A Weibring 74 69 65 71, Lennie
        AFP; Reuter  -  259 words
      • Article, Illustration
        Lock icon Ice hockey
        42 9 Reuter NEW YORK NHL Sunday: Detroit 2 Buffalo 3; Washington 4 Calgary 4 (OT); Winnipeg 3 Pittsburgh 5; Chicago 3 Los Angeles 3 (OT); San Jose 6 Anaheim 0; Tampa Bay 1 Philadelphia 3; Dallas 2 Montreal 2 (OT). Reuter
        Reuter  -  42 words
      • Article, Illustration
        Lock icon Tennis
        39 9 AFP INDIAN WELLS, California Champions Cop final Sunday: Pete Sampras (US) b Petr Korda (Cze) 4-6 6-3 3-6 6-3 6-2. Reuter DELRAY BEACH, Florida WTA tournament final Sunday: Steffi Graf (Ger) b Arantxa San-chez-Vicario (Spn) 6-3 7-5. AFP
        AFP  -  39 words
    • Article
      Lock icon England unconcerned by lack of tries
      476 9 Reuter LONDON England dismissed their inability to score tries as irrelevant after reasserting their Five Nations title hopes with an 18-14 win over France in Paris. The English again relied totally on the boot, this time belonging to Rob Andrew, to set up a
      Reuter  -  476 words
    • Article
      Lock icon Not everyone thrilled by Jordan's training
      473 9 AP BRADENTON. Florida All-Star shortstop Jay Bell won't seek Michael Jordan's autograph, but he'll grab a pen if Jordan wants his signature. The Pittsburgh Pirates were introduced to Air Ball on Monday as the Chicago White Sox's Travelling Air Jordan Spring Training Show drops
      AP  -  473 words
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      Page 10 Advertisements Column 1
      655 10 Ksgfl Nothing Beats A Bud. >M' OP BKBHS^^ GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK 833
      655 words
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      Page 10 Advertisements Column 2
      224 10 UU3IIIV3J »M\. ■wv JWJ WHERE TO WINE, DINE AND ENTERTAIN i /(tea/(erf {ptKfkity A (/no- abaf" Why not make your next corporate function a mix of business and pleasure? Hold it at our corporate room in Singsation. Singapore's first theme karaoke lounge at the Plaza Hotel. <U(X*Tit/ Plaza Hotel *****
      224 words
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      Page 10 Advertisements Column 3
      362 10 Fancy Beijing? Then, we're delighted to suggest the Pine Court for a aHfl|r memorable dining experience. Try our Beijing specialities such as Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of Beijing dian xin. ill III 1 II To add to your enjoyment, flfflO all these are
      362 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Mercouri's final curtain
      675 11 Greek actress, Culture Minister Melina Mercouri dies AP MELINA Mercouri, the actress who gained fame in the film Never On Sunday and later used her position as Greek culture minister to fight for the return of ancient artifacts, died on Sunday. She was 68. Mercouri died at
      AP  -  675 words
    • Article, Illustration
      Lock icon Sinatra faints during performance
      633 11 CHATTERBOX Reuter UPI UPI UPI AP SINGER Frank Sinatra collapsed during a performance on Sunday and was taken to a hospital, officials said. The 79-year-old entertainer had almost finished his performance when he passed out onstage at the Richmond Mosque theatre in Virginia, US. The theatre's
      Reuter; UPI; AP  -  633 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      161 11 W*NES£ WSMLRANT SUSHI TEPPANYAKI fIKM BUFFET ONLY AT THE GINGA $28.00++ Feast on Sushi |A and Maki creations Kg while our chefs whip i j r up a sizzling teppanyaki *m\i treat of Scallops, Q r I I Prawns, Chicken, Beef 0J and Mushrooms. Inclusive of fresh Salad Greens, MISO
      161 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1191 11 TV RADIO written with his victim's blood the scene of his killings. hour six-parter that examines WjMn around the world followed ;I v j Dtdjeridu, 11pm, SBC 12 Mh|SiK|^ j1 1 f "tL instrument made from hollowed trunks of trees. Lauren Hutton stars in tonight's thriller Fear 11.00pm, SBC 5
      1,191 words
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  • PROPERTY & CONSTRUCTION
    • Article
      Aussie firm Lend Lease steps up presence in S'pore
      672 12  -  The company is making Singapore its regional headquarters. Florence Chong reports Florence Chong LEND LEASE Corporation, one of Australia's largest property and financial services groups, has significantly stepped up its presence in Singapore in the past three months. Singapore has become
      672 words
    • Article, Illustration
      Lock icon M'sian property index in the pipeline
      404 12 Government says index can be a useful economic indicator Bemama THE Ministry of Finance will co-ordinate efforts among various government bodies to bring out a property index this year. Deputy Finance Minister Mustapha Mohamed said yesterday. The index, whose coverage would initially be confined
      Bemama  -  404 words
    • Article
      Lock icon KL property market dips despite economic growth
      388 12 Number of transactions down 16.3 pc, total values eased 6.3 pc last year Bernama THE Kuala Lumpur property market consolidated in 1993 despite Malaysia's strong economic growth. According to the Property Market Report 1993 released yesterday, both the number of transactions and total
      Bernama  -  388 words
    • Article
      Lock icon Canadian architect rides on boom in China
      447 12 Reuter TWO years ago, Bob Thienpont, a partner in the prestigious Canadian firm of architects B+H, was fretting about how to survive the recession. Half of the firm's 200 staff had been laid off or let go or had taken early retirement. The
      Reuter  -  447 words
    • Article
      Long-awaited drop in property prices may not materialise
      735 13 Prices may be propped up by 25pc cut in supply this year. Abdul Hadhi reports PRICES of condominiums and private apartments may not dip as much as expected this year. Some estate agents say predictions of an 8 per cent drop in
      735 words
    • Article
      Take forecasts with a pinch of salt
      340 13 PROPERTY ANALYSTS are not always spot on when it comes to predicting what lies ahead. A look at what analysts said at the start of last year might be interesting. Among the most bearish was Tat Lee Bank's Research Newsletter in mid--1992, which
      340 words
    • Article, Illustration
      Lock icon Thai property market tipped to soften further
      741 13 Reuter BANGKOK property values are likely to slide further into 1995, with real recovery possibly coming as late as 1997, analysts and estate agents said. But they also saw market opportunities in the changing tastes of a new generation of homebuyers and in
      Reuter  -  741 words
    • REGIONAL SKYLINE
      • Article
        Lock icon Memo Corp buys Sydney CBD Tower
        68 13 Australian Financial Review SYDNEY The Singaporean Tay family's Memo Corp has bought 1 Oxford Street, a 31.874 sq m office tower on the fringe of Sydney's central business district, for A 530.6 million (5534.2 million). The price is a 72 per cent drop from
        Australian Financial Review  -  68 words
      • Article
        Lock icon Sydney building finds S'porean buyer
        61 13 Australian Financial Review SYDNEY A late-1960s office building at 88 Pitt Street, in the Sydney central business district, has been bought by a Singaporean investor for about AsB.s million (559.5 million). The 14storey building, formerly known as Penfold House, was up for tender two years
        Australian Financial Review  -  61 words
      • Article
        Lock icon Mor Chit train depot approved
        57 13 The Nation BANGKOK Deputy finance minister Boonchu Trithong yesterday approved a plan by the Bangkok Transit System Corp to begin constructing an electric train depot at Mor Chit. The company, a wholly owned subsidiary of Tanayong, will build the depot on land now used as
        The Nation  -  57 words
    • Article
      PROPERTY WATCH
      356 13 JonesLang $&Wootton Selected market transactions in the past week 1 I pro^n i t 1 I t i "sr 1 PRIVATE Mar 1,1994 0511 Normanton Park Apt 1647 99LH i 530,000 322 Feb2.1994 ~j" 0922 |KimSiaCourt j Apt L 1421 j FH 465,000 327 Mar2, 1025 Fontana Garden
      356 words
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      Page 12 Advertisements Column 1
      177 12 Her World p resents S I N G A P S| A J E CJUif R Y 1 0 rr Y E A R/ I The Secretary of the Year Award honours the executive secretary whose professionalism and personal qualities are judged second to none in her field. As a
      177 words
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      Page 12 Advertisements Column 2
      85 12 ■U3 ■P:r I v r mm OH Property Owners, advertise in "Commercial Industrial Properties", a special focus in The Straits Times Classified on 23 March 17 August and Lianhe Zaobao Mini-Ads on 22 March 16 August and land up with a good deal. You will reach out to a combined
      85 words
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      Page 13 Advertisements Column 1
      39 13 jfc "S &oduuo& QDisco{Aajae> ic, (jIuA s5 nr^| 3# 4 S S 6 3 g HAPPY HOURS S From 6pm to 9pm, Monday Through Thursday From 6pm to Bpm, Friday ADMISSION-FREE LIGHT BUFFETfc i ONE FOR ONE DRINKS-LIVE MUSIC
      39 words
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      Page 13 Advertisements Column 2
      399 13 NAFTA ARE YOU PREPARED? How will your business be affected r by the Trade Agreement? What are the implications of NAFTA How can you protect your market V Our NAFTA Seminar will help your company by providing the information which vou will need to ensure vour continued access to the
      399 words
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  • Article
    Vietnam's new challenge
    490 14 EDITORIAL WINDING up his five-day visit to Vietnam on Sunday, Prime Minister Goh Chok Tong. the first Singaporean prime minister to visit the country. warned that while Vietnamese leaders were committed to market reforms, the key question was whether they would move cautiously or speed up the
    490 words
  • WHAT THE OTHERS SAY
    • Article
      Get out or be left out
      240 14 ON RECENT VISITS to India and China, and again in Vietnam last week, Prime Minister Goh Chok Tong has been consistent about one theme: Singaporean businessmen must get out there quick. Vietnam, he reckoned, could become a tiger cub in 10 to 15 years
      240 words
    • Article
      Hopeful signs in Bosnia
      147 14 THERE SEEMS TO BE a bright hope for peace in Bosnia-Herzegovina with the Muslims and Croats having agreed to establish a federal state. Brokered by the US, the move will eventually force the Bosnian Serbs, who control 70 percent of Bosnia, to agree to a peace
      147 words
    • Article
      Japan may succumb
      141 14 THE United States has declared the revival of "Super 301" in the hope that Prime Minister Morihiro Hosokawa will return to the negotiating table and soon open up Japanese markets. Given the political and economic conditions of Japan and the US, Japan may succumb to US pressure
      141 words
    • Article
      Crooks among the cops
      180 14 ASSISTANT metropolitan police chief Pol Maj Gen Sen Temiyavej and two other senior officers have been sent to Provincial Police Region Two to "suppress crimes". The Police Department's image has been tarnished by widespread corruption among the rank and file, and honest officers find it hard
      180 words
    • Article
      The fanatic fringe dominates
      148 14 BROOKLYN, New York, contains one of the oldest and most conservative Jewish communities in the United States. Yet despite its notoriety as a Zionist hotbed, it has nurtured a range of political opinion running from that of arch-liberal Barbra Streisand to the arch-chauvinist Rabbi Meir Kahane.
      148 words
    • Article
      America's bludgeon
      155 14 AMERICA'S FRUSTRATION with Japan's restricted import markets is understandable. Year after year, US and Japanese officials have negotiated and blustered, appeared to reach limited agreements on market-open-ing measures and then found themselves back at their talks as Japan's trade surplus has continued to grow. In the first year
      155 words
  • Article, Illustration
    Lock icon A team approach needed
    691 14  -  The European Union ambassador to Tokyo says Japanese markets could be opened faster if the US and EU combined forces. Steven Brull reports Steven Brull IHT THE European Union's ambassador to Tokyo suggested that Europe and the United States could team up to identify import barriers
    IHT  -  691 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      178 14 Drop anchor and enjoy the full attention of the entire shipping industry. Shipping Times will publish a special feature in conjunction with SINGAPORT 94 International Maritime Exhibition and Conference, Asia's premier biennial maritime event, to be held in Singapore from March 22 to 25,1994. ONCE IN TWO YEARS, A GREAT
      178 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      109 14 so you've, i OPvS victoßiasnA phr.bristouj scu've se£-N a. or swptee of_ V^H-mNey so_>€£.p... Gfteprr" DeAL CF LiFe,^ v tN'"rj \\jps pqiows J s. > 7 Afou J/ If <"-•» thpvT.-I N f S'u_v fPti 6l vs&ss?; aaj Xs[.pji aL^^VcLlBS*! I a£RTAiNIL>f HftME..... v€. B€£M AoMPST OO VOU PCjV j|v
      109 words
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  • ANALYSIS
    • Article
      Taking stock after a fright
      1152 15  -  Peter Montagnon examines the storms spooking the world's financial markets. And in the accompanying article, Sara Webb and Tracy Corrigan explain how market-jolting hedge funds operate Peter Montagnon Sara WebbTracy Corrigan THERE IS something perverse about the way stock markets as well as bonds plunged
      1,152 words
    • Article, Illustration
      Euphoric about Asia Down Under
      907 15  -  Florence Chong describes the sea change in the attitude of Australian fund managers Florence Chong The writer is BT's Sydney Correspondent AUSTRALIAN fund managers who have already invested an estimated AsB billion (Ss9 billion) in Asia's stock markets are poised to step up their investments.
      907 words
    • Article, Illustration
      Lock icon Hedges hog the limelight
      576 15 FT HEDGE FUNDS have been widely seen as one of the causes of volatility in the financial markets. Here is a guide: What are hedge funds and who manages them? They are pools of money aggressively managed by highly-paid specialists, and are usually highly leveraged. This
      FT; Source: Datastream  -  576 words
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Page thumbnail Page 16
  • Article, Illustration
    Lock icon Hosokawa promises economic recovery, steps to open market
    534 16 Keidanren calls for voluntary targets to slash trade surplus with US Reuter AFP Bloomberg Business News TOKYO Japan's Prime Minister Morihiro Hosokawa, battling Opposition charges of incompetence, yesterday promised economic reform, a recovery from recession and voluntary market-opening measures to calm a
    Reuter; AFP; Bloomberg Business News  -  534 words
  • Article
    Lock icon Martin Marietta, Grumman to merge in US$ l.9b deal
    348 16 Bloomberg Business News AP BETHESDA, Maryland The boards of directors of Martin Marietta Corp and Grumman Corp have agreed to merge the two giant defence contractors in a deal valued at US$l.9 billion (Ss3 billion). The companies yesterday said their boards
    Bloomberg Business News; AP  -  348 words
  • Article
    Lock icon US won't back down on Super 301 threat in Japan row: Christopher
    413 16 AFP CANBERRA US Secretary of State Warren Christopher launched a 10-day Asia-Pacific tour yesterday, making it clear Washington had no intention of bolstering its big gun in the escalating trade dispute with Japan. Australian Prime Minister Paul Keating,
    AFP  -  413 words
  • Article
    Lock icon Japanese capital investment to fall for 3rd straight year
    238 16 Asahi TOKYO Plans by Japanese firms to cut domestic capital investment by 6.1 per cent in fiscal 1994 mean capital investment will likely mark a year-on-year decline for the third straight year. However, other numbers in a report released by the
    Asahi  -  238 words
  • Article
    Lock icon A brand new way to handle fakes?
    193 16 AFP SEOUL South Korea is handing out fake Gucci bags, Reeboks, Pierre Cardin scarves and Lacoste shirts to mental asylums, orphanages and the military instead of burning them, the prosecutor's office said yesterday. A spokesman for the office said it could not confirm
    AFP  -  193 words
  • Article, Illustration
    Dr Singh's budget for India: risky but brave
    975 16  -  The Bottom Line VIKRAM KHANNA VIKRAM KHANNA The writer is BT's regional economics editor ONE cannot but be a little intrigued by the budget that Indian Finance Minister Manmohan Singh recently delivered in New Delhi. Before getting to the juicy bits that
    975 words
  • Article
    Lock icon Suspected profiteering keeps rice off Japan's supermarket shelves
    501 16 The Straits Times TOKYO Although Japan has ample stocks of both domestic and foreign rice, Japanese consumers are up in arms over the chronic scarcity of the grain on supermarket shelves due largely to suspected profiteering. The crisis prompted the Japanese government
    The Straits Times  -  501 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      129 16 r Nitsuko jpm fe Digital Keyphone Systems y Leading Edge Technoto LARGE RESIDENTIAL DEVELOPMENT SITE AT CHANGI/TAMPINES FOR SALE BY TENDER 4~p#% K IIV ~nmm 1 V'"^ v A\ 00 < 3 i i /r\7 i H §if 3 f I —lL _i. 0- 4 tl 11 > S S
      129 words
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      Page 16 Advertisements Column 2
      26 16 f Distributor !el: 2JS ms r. r lie 7c Q o Singapore Cammun»c3ttons Equipment Co f*te Ltd I UA i 4/0 I 0J 0 Quality Service
      26 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        48 17 Uncertain Market Mottd indicates tlw likely Hading sentiment today. ba\cd mi brokers /tolled at 5-6pm yesterday Owrmght events may alter sentiment Brokers ftttlUil: Alliance. Barings. Ikima. GK dob. t'rasir. Kay llian. Mittgan (jrcntiH. Ongco. I'liillip, lut Ixv. Smith A<nr Court. Il l Carr and Sti Warburg.
        48 words
      • Article, Illustration
        HOT STOCK
        140 17  -  -By Paul Leo Dunlop Estates has fallen 57.1 per cent or $4.25 to $5.65 yesterday from its all-time high at $9.90 on Dec 29. The correction has pushed Dunlop into the oversold region, so the stock is ready for a medium-term recovery. The daily and weekly relative strength
        140 words
    • Article, Illustration
      Lock icon Printer-packager Teck Wah launches the year's fifth IPO
      576 17  -  By Corinne Kerk SINGAPORE Printing and packaging company Teck Wah Paper Products launched its initial public offering yesterday the fifth IPO this year and the fourth on Scsdaq. Teck Wah is offering 23 million new 10 cent shares representing 20 per cent
      Photo by Arthur Lee  -  576 words
    • Article
      Econ Int'l unit wins Tokyu's $9m Telepark deal
      325 17  -  By Sean Ang SINGAPORE Gimwah Pte Ltd. a granite and marble supplier owned by publicly-listed Econ International, has been awarded a $9 million contract by Tokyu Construction to install the external cladding of the Telepark Building. Gimwah managing director David Tang says
      325 words
    • Article
      New Sembawang chairman starting on right foot, but time's not on his side
      758 17  -  By Rahita Elias SINGAPORE The Sembawang group is at a crossroads, again. Last Wednesday, new chairman Philip Yeo said the group was taking a second look at the eggs in Sembawang Industrial's nest to decide what should
      758 words
    • Article
      Venture Mfg chalks up 57pc rise in earnings
      335 17  -  By Joseph Rajendran SINGAPORE Electronics firm Venture Manufacturing released strong full-year results yesterday, despite volatility in the computer industry worldwide. The company reported a 57.3 per cent increase in af-ter-tax profit to $9.78 million on a 37 per cent rise in group
      335 words
    • Article
      Lock icon Nod for JC Enterprises' plans
      107 17 Bernama KUALA LUMPUR Jack Chia Enterprises (M) Bhd (JCE) said the Foreign Investment Committee has approved four of its proposed acquisitions and a joint venture, subject to various conditions. The proposed acquisitions arc the entire issued and paidup capitals of Terra Ventures Sdn Bhd for
      Bernama  -  107 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Thai Prime's investment income falls
          104 18 SINGAPORE Thai Prime Fund said yesterday that its investment income decreased by 33.5 per cent to U5534.54 million for the year ended Dec 31, compared to the previous year. The fall is due to a decrease in dividend income from its parent in Thailand. The
          104 words
        • Article
          Van Der Horst forms HK unit
          51 18 SINGAPORE Van Der Horst announced yesterday that it has formed a wholly owned subsidiary in Hongkong known as VDH Trading. Its authorised capital is HK$ 1,000 divided into 100 shares of HK$lO each and its paid-up capital is HK$2O. It has not commenced operations
          51 words
        • Article
          Electro Magnetics buys KL firm
          52 18 SINGAPORE Electro Magnetics has acquired a dormant Malaysian company Parison Industries. It intends to use it to make custom moulds of plastic components and to manufacture video cassettes. Parison Industries has an authorised share capital of M$ 100,000 and an issued and paid-up capital of
          52 words
        • Article
          Lock icon Shell M'sia's pre-tax profits up 47pc
          103 18 Knight-Ridder KUALA LUMPUR Shell Refining Company in Malaysia recorded pre-tax profits of M 5143.14 million (SSB3 million) in calendar 1993, up 47 per cent from a year earlier, the firm said in a statement yesterday. Sales during the same period were M 52.07 billion,
          Knight-Ridder  -  103 words
        • Article
          Lock icon Olympia revises prices of issues
          92 18 Bernama KUALA LUMPUR Olympia Industries Bhd, which made several proposals in January, has revised the proposed issue prices of its proposed special issues to bumiputras and to Mycom Bhd. D C Sakura Merchant Bankers Bhd, on behalf of Olympia, said in a statement here yesterday
          Bernama  -  92 words
        • Article
          Lock icon M'sian Plant unit invests in shares
          112 18 Bernama KUALA LUMPUR Pridunia Sdn Bhd, a wholly-owned subsidiary of Malaysian Plantations Bhd, has acquired shares in Red Box (Malaysia) Bhd and Kamunting Corporation Bhd for investment purposes. Malaysian Plantations, a member of the Multipurpose group of companies, said in a statement yesterday the
          Bernama  -  112 words
        • Article
          Lock icon Petronas Dagangan's shares in CDS
          127 18 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange said that only the ordinary shares of Petronas Dagangan Bhd would be traded in the Central Depository System when its shares are listed on the main board today. Petroliam Nasional had made an offer for sale of
          Bernama  -  127 words
      • Article
        Lock icon Two Philippine bourses take a step closer to merger
        183 18 Reuter MANILA A planned computer link-up of the Philippines' two rival stock exchanges inched closer to reality yesterday with the successful routing of one issue between the Manila and Makati bourses, officials said. "Perfect. It was successful," Philippine Stock Exchange president
        Reuter  -  183 words
      • Article
        Return of overseas fluids expected to focus on Thai infrastructure stocks
        776 18  -  MARKET WATCH Bv Alan Boy BANGKOK Overseas funds are expected to focus on infrastructural listings on the Thai stock exchange once they overcome short-term unease from the threat of interest rate rises. Market analysts say a huge government public
        776 words
      • Article
        MUI Bank to call Singapore branch HL Bank
        386 18  -  By Conrad Raj SINGAPORE After weeks of behind-the-scenes wrangling, Malaysia's MUI Bank is going to call its Singapore branch HL Bank. The bank, which was recently acquired by the Malaysian arm of the Hong Leong family headed by Quek Leng Chan, has
        386 words
      • Article, Illustration
        Hotel Royal posts 86pc rise in net profit to $3.4 m
        326 18 SINGAPORE The Hotel Royal group posted an 86.58 per cent increase in net earnings to 53.41 million for the year ended Dec 31.1993. Turnover rose by 23.93 per cent from S 10.35 million to 5i2.83 million, due largely to
        326 words
      • Article
        Thai Wah Resort chalks up earnings of 180 m baht
        209 18 BANGKOK Thai Wah Resort Development pie made a profit last year of 179.95 million baht (SSIO.B million), in line with projections, beeause of the improvement in the economy which helped increase investment and tourism. The Bangkok Post yesterday quoted managing
        209 words
      • Article
        Lock icon KL banks still not applying for trading licences
        310 18 NST KUALA LUMPUR Despite the prosecution of a commercial bank in January for illegal trading in shares, not a single application has been receded from a financial institution for the licence to trade in shares. Industry sources yesterday said the l icensing
        NST  -  310 words
      • Article
        Lock icon Land & General to issue up to Us$ 150m Eurobonds
        195 18 Land General to issue up to Us$ 150m Eurobonds Bernama KUALA I.UMPI'R Land A: (icneral Bhd proposes to issue between I SSI(H) million (SSISS million) and USSISO million nominal value converti ihle Eurobonds for capital exI penditure and working capital. A company statement yesterday said the proposed bond issue would
        Bernama  -  195 words
      • Article
        M'sia's Wing Tiek allowed to bid for Manila steel firm
        429 18  -  From Al Labita in MANILA THL: Philippine government has allowed Malaysia's Wing Tiek Holdings to join the bidding for the National Steel Corp (NSC), the country's largest steel firm. The approval came after Wing Tiek passed the qualification criteria set
        429 words
      • Article
        Lock icon Landmarks" pre-tax profit rises 11.8 pc to M$ 55m
        112 18 Bernama KUALA LUMPUR Landmarks Bhd has reported an 11.8 per eent rise in group pretax profit for the vear ended Dee 31. 1993 to M 555.08 million (5532.0 million) from M 549.27 million a year earlier. A Landmarks statement here yesterday
        Bernama  -  112 words
      • Article
        Untitled
        1034 18 UNIT TRUSTS A FUNDS Manaccrs' prices Mar K UMB tflVCSt Mgt Ltd 11--4 I nit und 1.52 1.58 Singapore um 1 rusi vmhcmd* 1025 1055 I he < ommerce 1.7ft #S I nited tir F und 166 1.72 The Savings Fund 162 170»d United Asia Fund 184 I 'M* Spore
        1,034 words
      • Article
        Lock icon Motorola faces tough challenge as Japan opens phone market
        437 19 Bloomberg Business News TOKYO Motorola may have finally clawed its way to a privileged position in the Japanese cellular telephone market only to have the floor fall out from under it. Japanese media say that the company is close to negotiating
        Bloomberg Business News  -  437 words
      • Article
        Lock icon Trust Bank sets offer price for float at NZ$ 2.lO apiece
        268 19 Reuter WELLINGTON Trust Bank, New Zealand's fifth largest and only locally-owned bank, set an offer price of NZ$2.lO per share yesterday for a partial float. The listing later this month will also provide the New Zealand stock market with
        Reuter  -  268 words
      • Article
        Lock icon Japan's Shinnihon declares bankruptcy with 4b yen in debt
        316 19 Bloomberg Business News TOKYO Construction firm Shinnihon Co Ltd yesterday declared bankruptcy with approximately four billion yen (5560.4 million) in debt, company president Takashi Kishida said. "The whole construction industry has been sluggish, and our sales and profits have both been
        Bloomberg Business News  -  316 words
      • Article
        Lock icon Foreigners sell Seoul stocks, move to other Asian bourses
        186 19 AFP SEOUL Foreigners began selling more stocks than they bought on the South Korean exchange this month, transferring their investments to other Asian markets, the Securities Supervisory Board (SSB) said yesterday. SSB officials said the selling spree by foreign investors was
        AFP  -  186 words
      • Article
        Dah Sing Bank to raise US$ 75m FRCD issue in S'pore
        266 19 SINGAPORE A wholly owned banking subsidiary of Hongkong-listed Dah Sing Financial Holdings (DSFH) is to raise US$75 million (SSI 19 million) in Singapore. A consortium of banks will arrange and underwrite the five-year floating rate certificate of deposit (FRCD)
        266 words
      • COMPANY BRIEFS
        • Article
          Lock icon China's info superhighway adviser
          61 19 Bloomberg Business News HONGKONG Pacific Link, a telecommunications subsidiary of First Pacific Co. said yesterday that China has chosen the firm to advise the country on developing an electronic superhighway. China plans to invest USS3 million of seed money to create a fibre-optic communications network, said
          Bloomberg Business News  -  61 words
        • Article, Illustration
          Lock icon Club Med reports 296 m franc loss
          106 19 Bloomberg Business News PARIS French tourism company Club Mediterranee SA said it swung to a consolidated net loss of 296 million francs (5580.4 million) in fiscal 1993 from a profit of 161 million francs the previous year. Club Med's announcement said the result
          Bloomberg Business News  -  106 words
        • Article
          Lock icon Southcorp posts 15.9 pc profit rise
          82 19 Bloomberg Business News SYDNEY Diversified Australian concern Southcorp Holdings Ltd said yesterday that its first half net profit rose 15.9 per cent, with strong sales from its wine units offsetting a loss in its American water heater operations. The company said profit in the
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Yizheng to sell shares to Amoco, ICI
          91 19 Bloomberg Business News HONGKONG China's Yizheng Chemical Fibre Co, the fifth largest polyester producer in the world, will sell a total of 50 million new shares to American petroleum and chemical company Amoco Corp and British chemical company Imperial Chemical Industries. South China
          Bloomberg Business News  -  91 words
        • Article
          Lock icon Merrill Lynch opens 2nd China office
          76 19 Reuter BEIJING American brokerage house Merrill Lynch yesterday said it will open a second representative office in China, in Beijing, in addition to the existing office in Shanghai. "China's economy is already one of the most important in the world and will grow even
          Reuter  -  76 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Recent global sell-offs expose frailties in derivatives market
        523 20 FT LONDON The dramatic sell-off in leading government bond markets during the past two weeks has exposed fundamental weaknesses in the fastmoving world of derivatives. Perhaps the most serious breakdown during this period of intense volatility has been the failure of securities
        FT  -  523 words
      • Article, Illustration
        Lock icon Way up there for a good cause
        66 20 AFP LQNDON Chris Comerie, an Everest climber and part of the British Mount Everest Medical Expedition, hanging off the side of the atrium window at the Lloyd's building in the heart of the City of London on Friday. The event was organised to
        AFP  -  66 words
      • Article
        Lock icon S'pore gold traders seek GST exemption
        464 20 Reuter SINGAPORE Gold traders in' Singapore, one of Asia's largest gold importers, are setking exemption from a new consumption tax that may threaten to shift some gold business to Hongkong or possibly Malaysia, a top industry official said yesterday. The 3 per cent Goods
        Reuter  -  464 words
      • Article
        Lock icon Taiwan to open banking industry to foreigners
        202 20 Reuter TAIPEI Taiwan is planning to allow foreigners to establish commercial banking headquarters here to help build the island into a regional financial centre, Finance Ministry officials said yesterday. The planned financial liberalisation, expected to boost Taiwan's entry into the General Agreement on
        Reuter  -  202 words
      • SMALL CHANGE
        • Article
          Lock icon Bapindo fined for late report
          111 20 Reuter JAKARTA The Indonesia Capital Market Supervisory Agency (Bapepam) said it had fined state-owned PT Bank Pembangunan Indonesia for delaying the submission of its 1992 financial report. PT Bank Pembangunan Indonesia (Bapindo) was fined almost 60 million rupiah (554.38 million) for a delay of 277
          Reuter  -  111 words
        • Article
          Lock icon Sri Lankan bank's profits jump lOO pc
          82 20 Reuter COLOMBO Hatton National Bank Ltd, Sri Lanka's largest private commercial bank, said it achieved a 100 per cent increase in profits for calendar 1993 by maximising resources and keeping overhead low. "Maximising usage of available resources, careful monitoring of market conditions and
          Reuter  -  82 words
        • Article
          Lock icon Sweden to launch index-linked bonds
          65 20 Reuter STOCKHOLM Sweden's National Debt Office said it had decided to launch index-linked Crown bonds. "These will be a new type of bond loan for Sweden," the office said. The first bond will be a zero coupon 20-year loan. "The bond will be sold at
          Reuter  -  65 words
      • Article
        Lock icon Sugar prices expected to continue rising
        300 20 Reuter LONDON Sugar prices, after reaching their highest level in four years last week, look set for a one-way ride upwards, sugar traders and analysts said. One of the world's most common commodities, sugar's value has long been pressed down by high production. Now
        Reuter  -  300 words
      • Article
        Lock icon Guangdong to let in 10 more foreign banks
        155 20 AP BEIJING China's southern Guangdong province planned to allow 10 more foreign banks to open branches there this year, an official report said yesterday. The branches would be located in the cities of Guangzhou, Shenzhen, Zhuhai and Shantou, the China Daily said,
        AP  -  155 words
      • Article, Illustration
        Banque REGIONAL CURRENCY REPORT
        140 20 THE USS/majors moved higher in the Far East session after Friday's better US employment and payroll numbers raised expectation of an earlier US rate hike. Rumours of huge US$ sell orders above 106 yen, however, dampened hopes of a major rally. The USS/SS was taken up
        140 words
      • Article
        Lock icon London
        183 20 Reuter LONDON The dollar came off the boil in late European trade but expectations of a move on either German or US interest rates kept it bubbling, traders said. Dealers said the market had quietened as the steam from a recent sell-off in bonds subsided and the market was
        Reuter  -  183 words
      • Article, Illustration
        Untitled
        1428 20 Trade-weighted index cakukued against S pore 's top 14 tradwg partners. Base yem- 19$} I)S$/S$ forward rata* Noon Mar 7 a BU CMhr 1-month I.SMI I .SM6 2-moMh 1.5(26 1.5MI J-month ***** I.M37 6-month I.SIIS 1.5S3S SomttOCBC Source: OCBC FOREIGN CURRENCY NOTE RATES to at ltoa m Mar 7: Siinptrt
        1,428 words
      • Article
        Lock icon Oil price foils on concern Opec won't cut output
        167 20 ENERGY REPORT Reuter LONDON World oil prices dropped after the Saudi Arabian and other Gulf Arab oil ministers ended talks giving no hint they planned to cut Opec production. London April futures for the world benchmark Brent Blend fell to a
        Reuter  -  167 words
      • Article
        Lock icon New York
        86 20 Reuter NEW YORK The dollar was little changed against most major currencies in early US trading, due largely to the lack of any fresh economic news, dealers said. At 0915 Est the dollar was trading at 1.7175/85 marks versus Friday's close of 1.7185/95. Against the yen, the dollar
        Reuter  -  86 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen mixed in quiet trade
        1374 21 SIMEX REPORT Reuter SINGAPORE Simex Euroyen were mixed in quiet trade. Dealers expect the Euroyen to be less volatile than last week which saw daily movements of almost 10 to 15 ticks. The benchmark September contract settled lower at 97.64 against its Fridav close of
        Reuter  -  1,374 words
      • Article
        KL tin buoyed by firmer LME trade
        629 21 COMMODITY REPORTS Tin TIN closed seven cents up at MS 14. IS a kg after a higher London market prompted some buying from Malaysia and Europe. traders said. "Miners also refrained from selling at current levels." one said, noting an opening offer of
        629 words
      • KNIGHT-RIDDER GOVERNITY SUMMARY
        • Article
          Opec output up in February
          74 21 LONDON Opec crude oil production rose lo 24.76 million barrels per day in February, compared with 24.64 million in January, according to the Nicosia-based Middle East Economic Survey. Overall, the February total represents an excess of 240,000 bpd over the group's output ceiling of 24.52
          74 words
        • Article
          Thai soybean meal market tight
          93 21 BANGKOK Delayed Indian soybean meal delivery has pushed up prices in the Thai meal market. but buying is on a strict per-need basis because of ideas prices will drop soon, tradecs said yesterday. Unspecified quantities of Indian soybean meal were not delivered as scheduled in
          93 words
        • Article
          Rains boost wheat plantings
          78 21 SYDNEY Northern Australian rains could push Queensland 1994-95 wheat production to its highest level for four seasons. Widespread rain over the state in the past few weeks will result in some areas planting their first wheat crop since 1990-91. Wheat Research Institute senior principal plant breeder
          78 words
        • Article
          Vegetable oil prices seen falling
          88 21 NEW DELHI India's wholesale vegetable oil prices are likely to decline in the next few days to offset last week's rise in oil prices, traders said. They said oil prices rose last week in line with increase in oilseeds prices, which went up because of
          88 words
    • Article
      COMMODITY PRICES
      1469 21 Rubber SlifiHr* C»nmdHy Exchange (futures dosing as at lpm) RSS 1 Cutract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Apr 94 143 00 142.00 143 00 475 2.875 Mav 145.25 144.25 144.75 800 5.325 Jun ***** 146 00 145.75 150 5.500 Jul/Sep 147.25 4.050
      1,469 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1184 22 +27.9 Australian shares ended firmer yesterday, bouncing off their low for the year after fears of higher interest rates dissipated. Brokers said the absence of negative news in the US bond market helped shore up support for the domestic market. "The lack of any sell-off in the US over
        1,184 words
      • Article
        Manila
        587 22 +47.46 Share prices ended sharply higher after more than a week of steep declines but analysts said the low volume suggested the market was still testing a new base. The Manila and Makati composite indices rose more than 40 points each. Market leader Philippine Long Distance Telephone Co surged
        587 words
      • Article
        New Zealand
        266 22 +24 The New Zealand share market closed firmly after a day of confusion over how the readjustment of Telecom's shares affected the overall capital index. The New Zealand Stock Exchange adjusted the capital index up 24 points after trading closed as a result of removing the effect of
        266 words
      • Article
        Bombay
        74 22 -68.58 Stock prices ended lower in nervous trade as the downtrend triggered since last week's budget continued, brokers said. The Bombay Stock Exchange (BSE) 30-share index closed at a provisional 3,732.98, down 68.58 points from Friday's close, brokers said. The 100-share national index closed at a provisional 1,807.15, down
        74 words
      • Article
        Taipei
        613 22 •23.87 The raising of the ceiling on foreign investment in Taiwan's stock market failed to boost share prices as a late wave of heavy selling sent stocks down to a moderately lower close. The weighted index opened higher and hit an intra-dav high of 5,808, but closed 23.87 points
        613 words
      • Article
        Seoul
        453 22 ■7.15 Across-the-board selling pushed stocks lower in the year's lowest full-day trading volume with investors sidelined, brokers said. The composite index fell 7.15 points to 895.62. A total of only 17.15 million shares changed hands against 13.20 million on Saturday's half-day session. "It is a quiet market. At first
        453 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        878 22 Britannia Funds SMfliag Cask Bid Oder Mim Cap Deposit M 6400 M6500 Mim Jerws Gdl 01IV3 0 1492 Mim Mat Inromc *1 0100 *1 0500 I S$ Cmk Income Plus Fund *10 0400 *10 5000 PS S Rc*nt Fund 5 2400 5 2500 Stfftiag Eerily Euro Performance 0.4542 044Jl Far
        878 words
      • Article
        London
        580 22 +27.9 The London stock market scored a moderate gain yesterday, as the Footsie index gained 27.9 points on the day or 0.8 per cent to end at 3,305.9 points. The 30-share index was up 20.S points, or 0.80 per cent, at 2,584.4. Volume was 576.1 million shares, compared with
        580 words
      • Article
        Paris
        155 22 +41.20 Shares closed on strong gains but off highs touched yesterday afternoon on comments by German Finance Minister Theo Waigel, dealers said. They reported buying during the afternoon by US investors. Mr Waigel said he saw opportunities for the Bundesbank to cut rates in the wake of a metal
        155 words
      • Article
        Stockholm
        126 22 +18.56 Swedish shares closed higher as strong corporate earnings figures lured investors back into stocks. Bonds had settled at lower levels after recent turbulence, traders said. "Rates were down, and today's earnings reports were either in line, or sometimes better than expected," said a trader. A non-infla-tionary wage settlement
        126 words
      • Article
        Frankfurt
        205 22 +48.82 German stocks finished official trading up nearly 2.4 per cent up after Saturday's wage agreement in the engineering sector renewed hopes for lower interest rates, traders said. The DAX index of the 30 most-traded German stocks ended the official session 48.82 points higher, at 2108.91, in relatively light
        205 words
      • Article
        Zurich
        75 22 +53.5 Swiss shares closed more than one per cent higher as firm bond and share markets throughout Europe supported a bourse which saw players buying back shares tney had dumped last week on interest rate worries. The broad SPI index was up 29.47 points at 1,868.78, two points below
        75 words
      • Article
        Brussels
        170 22 +19.00 Belgian shares ended sharply higher as the market was boosted by restored confidence in the bond markets following last weekend's German metals wage deal. The Bel-20 index closed 19.00 points, or 1.28 per cent, higher at 1,508.30, above the psychologically important 1,500 level. Traders said they expected the
        170 words
      • Article
        Milan
        167 22 +228 Italian stocks ended higher for the third consecutive session, lifted by a labour settlement in Germany that removed one obstacle to lower interest rates and lifted most European markets. The Italian stock market's blue chip Mibtel Index rose 2.2 per cent, or 228 points, at 10,606 after rising
        167 words
      • Article
        Amsterdam
        244 22 +10.51 The Dutch AEX share index closed 10.SI points higher at 424.76. The rise was mainly interest-driven as the bond market recovered, dealers said. The wave of optimism returned to the market after last weekend's IG Metall wages deal, which tempered German inflation fears and made room for further
        244 words
      • Article
        New York
        681 22 +24.49 US stocks surged in late morning trading, as concern over rising interest rates eased and Martin Marietta Corp proposed to take over Grumman Corp. "The worst of the selling is over for the bond market and that stability will feed into stocks, where the outlook is even
        681 words
      • Article
        Johannesburg
        283 22 +78 A perceived sense of progress on the political front spurred industrial and mining financial shares led by Anglos to a strong close yesterday, while even gold shares picked up despite a lacklustre gold price and strong rand. The overall index was 61 points up or 1.2 per cent
        283 words
      • Article
        Toronto
        287 22 +21.00 Stocks rose early with most sectors gaining strength as fears of higher US interest rates appear to be easing, dealers said. "The concerns that the US (rates) would go up look like they have been discounted, one trader said. Advancing sectors were led by gold and silver, industrial
        287 words
    • Article, Illustration
      Lock icon HONGKONG
      2798 23 Reuter HONGKONG Share priccs closed higher with the blue chip index finishing above the 10.000 level on the back of steadier performances on overseas bourses, brokers said. But turnover was thin, showing there were still nagging doubts about the market's direction, brokers said. The blue chip Hang Seng Index
      Reuter; Source: Bridge Info  -  2,798 words
    • Article, Illustration
      CHINA
      412 23 DUE to computer failure at the Shanghai Stock Exchange, quotation of prices and turnovers for the market was not available. In Shenzhen, the CLSA B Index eased modestly by 8.34 points or 0.66 per cent to 1.256.70. Gintian was the biggest loser, shedding 4.6 per cent. Shekou also dropped
      412 words
    • Article, Illustration
      Lock icon TOKYO
      2487 23 Reuter UPI TOKYO Stocks ended weaker after a volatile day. with the Nikkei Average failing to close above the key 20,000 level. Hopes of economic recovery kept sentiment Firm but weaker bond prices prompted institutions to sell stocks to secure profits ahead of the Fiscal year-end. brokers said. "Above
      Reuter; UPI; Source: Bridge Info  -  2,487 words
    • Article, Illustration
      Lock icon BANGKOK
      1627 23 AFP BANGKOK Elections in the Thai capital helped boost the Stock Exchange of Thailand (SET) index 17.43 points (1.28 per cent) yesterday during a technical rebound to close at 1.376.68. Trading remained light with just 86.8 million shares worth 7.6 billion baht changing hands. Advances buried declines. 198 to
      AFP; Source: Bridge Info  -  1,627 words
    • Article, Illustration
      Lock icon JAKARTA
      1140 23 Bloomberg Business News JAKARTA Indonesian share priccs were little changed yesterday as investors withheld major investment decisions and watched overseas markets for direction. analysts said. Institutions were distracted by concerns of interest rates heading higher in the US and were staying out as a result, the analysts said. The
      Bloomberg Business News; Source: Bridge Info  -  1,140 words
    • Article
      CLOB INTERNATIONAL
      2684 24 MOST ACTIVE volume AMDS 50c >.746.000 Mulpha Intl 50c 5.246.000 kamunting 50c 4.3I*.000 Sn Hanamas 3.>>8 5.000 Promct 3.529.000 Mm H>d 50c 3.472.000 F AC B "fOe 2 *80.000 C General Corp 2.716.000 Fahcr Group 2.7*2.000 Johan Hide 50c 2.7*1.000 Scl L)rcdg 50c 2.74* 000 Kcnong Bhd 50c
      2,684 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices fall on absence of positive leads
        5700 24 Bernama KUALA LUMPUR Share prices closed broadly lower in thin trading yesterday as investors took quick profits on market uncertainty in the absence of positive leads. Pockets of buying support for blue chips failed to ofTset the bearish market undertone which saw most
        Bernama; Source: Bridge Info  -  5,700 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7396 25 I mwaOMO Transaction date: Mar 7 Cc Gr 1993/44 Laat Val Dq Lart QhK Di» Dh YH Nd M Cap 111(11 Low Coapaay Sale CMC) High Low Bayer Seller CV P/E tail INDUSTRIAL AND COMMERCIAL 1440 260 t Aetna 1160 it +40 9 1160 1140 11 SO 1160 12.3 2.1
        7,396 words
      • Article, Illustration
        Lock icon Early rally fizzles out on fears of US rate rise
        1903 26  -  By R Sivanithy SINGAPORE An attempt to rally fizzled out yesterday on fears of interest rate increases in the US. The Straits Times Industrials Index traded the same way it did most of last week rising impressively at the start
        Charts by Bridge Info; Source: Bloomberg  -  1,903 words
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      476 17 NEWS VALUE How today's news might a licit your stoiks Private housing market shows more signs of buoyancy (PR I) Positive for property stocks, particularly the CPF figures which show demand for private housing got off to a strong start this year. HK exchange plans reforms to hone competitive edge
      476 words
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      48 21 Big Profits mt SmS ihMI Start MOT Snglj^| hilliea Straits if Times it Classified^ Advertise in the Classified and reach over 500,00 users who'll make your SMi small investment turn into big profits for you. :^3|J Call C.A.T.S. now 3a where small is big. S|H CJLTJ. R| 737-11*4
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      45 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 737-1166 Blake the coonectloQ through The Straits Times Classified when E2£g for bargains or looking for 1™ wO customers. Just give us CJLTJ. call TiMiftt,
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      40 22 SINGAPORE Business Times WE KNOW ASA Customer Relations Section Circulation Department Singapore Press Holdings Limited 82 Genting Lane Occupation Fax fc? f Ife ||pj|§jt m News Centre Singapore 1334 4- m Tel: 1800-749 2577 Fax 744 487S Tel: (O) (H)
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      23 25 fSk ffeMl' CmS SMS &<3&*3 "3 Kffl M i It's a Snap! H jm n\. m Tlic Classified isSi| \ti) 4 W^*fMBWsPs- ?t-
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      23 26 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 PORTSHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. ril Business Times RTCWVAW
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      Page 26 Advertisements Column 2
      261 26 THE COMPANIES ACT, CAT. Si TRI-KNIGHT TRADING A ENGINEERING PRIVATE LIMITED Oill.aiin* V I I j WMNrVp) At aa Extraordinary General Meeting of tke abovenamed company held on the 28th day of February 1994, tke following Special Reaolution waa duly paaarrt:*THAT tke Compaay be wound up voluntarily pursuant to Section
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      325 26 ✓IN THE MATTER OF THEA COMPAMES ACT, CAP SO AND M THE MATTER OF On Members' Voluntary Liquidation) MtmcgQF-Tlftllil lII* NOTICE IS HEREBY GIVEN pursuant to Section 306 of tie Companies Act Cap SO that a Final Mating of the Members ofwabowananiod Company will be held at 6 Battery Road.
      325 words
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      Page 26 Advertisements Column 4
      161 26 THE KA WAH BANK LIMITED (Incorporated with limited liability in Hong Kong) U5541,000,000 Floating Rate Negotiable United States Dollar Certificates of Dsposit Due 1996 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the period from 8 March 1994 to 8 June 1994,
      161 words
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  • Shipping Times
    • Article
      Group faces tough job in setting world bunkering standard
      365 27  -  By Dexter Lee SINGAPORE A working group appointed by the International Standards Organisation to develop a global standard for bunkering faces an uphill task, its SingaporebaSed convenor said last week. The difficulty lies in reaching a consensus on what should or
      365 words
    • Article, Illustration
      Mitsui to join TSA next year
      338 27  -  By Rahita Elias SINGAPORE Container lines in the Far East/Europe trade are again getting ready to form new alliances and break old ones. The Tonnage Sharing Agreement (TSA) group will be expanded after Mar 1, 1995, when existing members Nedlloyd, CGM Orient and Malaysian
      338 words
    • Article
      Lock icon Transhipments boost UK ports' business
      321 27 FT rtONDON Associated Brit*ish Ports (ABP), the UK's larg*est ports group, says it is at- trading an increasing amount transhipment business, with cargo being landed at Southhampton and then shipped on "to Europe. Rotterdam has traditionally dominated the European transshipment business; but ABP said UK
      FT  -  321 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      826 27 Pi(e Col ABC Containerline 12 5 Accord Group 8 1-3 Ahrcnkiel Liner 4 1/2 •APL 5 3-5 Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9 5 Batamindo 7 4
      826 words
    • Article
      Two bulk carriers lost in Jan
      222 27 SINGAPORE Bulk ship losses, a major source of concern in 1992, seem to be on the rise again, after a relatively accident-free 1993. According to London-based shipbroker Simpson Spence Young, two bulk carriers sank in January this year. There was no total loss of
      222 words
    • Article, Illustration
      Arrested ship: creditor entitled to certain terms for security
      618 27  -  By Ramesh Divyanathan SINGAPORE A creditor that arrests a ship is entitled to insist on terms which would give it adequate protection in any letter of undertaking that is offered in place of the ship as security. High Court Judge L
      618 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        706 28 Vessel Voy No Berth Arrival Departure Vessd Voy No Bertti Arrival Departwe Juroag Part wia larunag 302 po/ 0803 i«oo «03 ono Balam Blagia 03 03,94 II alongside 0803 0300 Ah Amaka J4EB P08A 0803 0800 08 03/2100 Bdtam Indalt N105 II 08 03 '2330 Baltic Breei
        706 words
      • Article
        CONTAINER SCHEDULES
        1570 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Balance RsJts Ship Voy No Etb/Btr Period From To From An Itac 0288 08 1800 1A 07/1500 07 16b9 07/1900 IB 07/IMP 07 1659 07/1900 Ac. Swan 108A 09 1500 1A
        1,570 words
    • Article
      THE SHIPPING GUIDE
      12720 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,720 words
    • Article
      SHIPPING AGENTS
      3353 41 dl v V -v > Containeriine NV: Belsin Shpg Agcncies Pie Ltd (SyManne Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pte Ltd (SV Accord Contr Line (PK/PN). Adkru Business Corporation Philippine Calsource Shpg A Trdg Pte Ltd (S) Abreakiel Liner Service: Kim Shpg A Trdg (S). ASmos
      3,353 words
    • Article
      COURIER SERVICES
      285 41 Abacus C ouriers Tel: 545-8011. Fa*: 545-1898. Air Express Travel Td: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster I-ink Supplies A
      285 words
    • Article
      AIR FORWARDERS
      1506 41 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aeroiiak Freight lateraatioaal Tel: 545-8031 Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express lateraatioaal Tel: 542-7666. Fax: *****74. *****50. Air
      1,506 words
    • Article
      PORT CONDITIONS
      2190 42 ALBANIA Dunnes: Two vessels operating of which t loading copper, 1 discharging tobacco bales, no vessels in roads. ANGOLA Cabinda: Deepwater SPM has been in use for approx 1 month. Ma* draft 75 ft, SPM 1 will now only be in use in emergencies. Max draft 55 ft.
      2,190 words
    • Article
      CRUISE & FERRY SCHEDULES
      1091 42 CRUISE FERRY SCHEDULES CRUISE SNIPS Air Dep Name of Vessel ETA ETD Paris of Calb Part Ageat Tekphoae No MARCH 08 08 Statendam 0800 1800 Semarang Sin Nedlloyd Lines (S) 221-8989 Port klang 08 08 Leisure World 1300 2015 Port Klang Lauw Sons Travd 227-8284 Cruise to Nowhere 08 08
      1,091 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1256 42 SHIP SALES TANKER RATES AFP THERE was a noticeable falling off in activity toward the end of the week, which was not surprising with the Chinese New Year holidays, coupled with a national holiday in Japan Friday and the on-set of Ramadan. The main movement this week has been in
      AFP  -  1,256 words
    • Article
      TRANSPORT DIARY
      344 43 COURSES Title: Principles of Shipping Operations and Practices (SDF 70%) Duration: Mar 8 Apr 22 Organiser: Singapore National Shipping Association Tel: For further details and application forms contact SNSA at 278-3464 or fax: 274-5079. Title: Sea Transport (SDF 70%) Duration: Mar 9 Jun 15 Organiser: Singapore Freight Forwarders
      344 words
    • Article
      COCKETT BUNKER MARKET REPORT
      910 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      910 words
    • Article
      DAILY FREIGHTS
      1695 43 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.110 on Friday from 1.112 on Mar 3. Trading has been sluggish on the freight market with little activity evident on the key US grain routes, brokers said. Brokers linked the Dubrovnik with Richco's 50.000-tonne heavy
      1,695 words
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      Lock icon Can Swatchmobile ever drive off the drawing board?
      1230 44 Since Mercedes announced its venture to build a micro car with watch maker SMH last week, there is much scepticism that it will succeed where others have previously failed Bloomberg Business News MercedesBENZ AG may be prepared to build the Swatchmobile car.
      Bloomberg Business News  -  1,230 words
    • AIR AND LAND TRANSPORT NEWS
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        Lufthansa to set up cargo hub in South-east Asia
        332 46  -  By Juliette Walker SINGAPORE Germany's Lufthansa Airlines will set up a regional hub for South-east Asia this year. Possible locations include Bangkok, Kuala Lumpur and Singapore, says Juergen Eckstein, Lufthansa's regional director of cargo for South-east Asia and Australia. The deciding
        332 words
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        Lock icon Clinton's air traffic plan raises dispute in US Congress
        476 46 NYT WASHINGTON President Clinton's plan to create a corporation to run the US' air traffic control system, a pillar of the administration's ambitious programme to reinvent government, has touched off a dispute with Congress that could rival the debate that preceded
        NYT  -  476 words
      • LOG BOOK
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          Lock icon Thai oil spill almost cleaned up
          81 46 Reuter BANGKOK Almost all 400,000 litres of oil spilled into the Gulf of Thailand after two ships collided has been cleaned up. An Esso oil company spokesman said yesterday: "The latest tion from the scene is that 90 per cent of the diesel oil
          Reuter  -  81 words
        • Article
          Lock icon China airline to buy 5 Boeings
          66 46 Bloomberg Business News BEUING China Southwest Airlines, one of China's fastest growing regional airlines, will buy five Boeing jets this year, the official China Daily said on Sunday. The company will order four 200-seat Boeing 7S7s and two ISO-seat 7375, general manager Zhou Zhengquan
          Bloomberg Business News  -  66 words
        • Article, Illustration
          Lock icon Damaged engined removed
          41 46 Reuter TOKYO Workers remove the damaged engine of a Northwest Airlines jumbo jet last week after examing the engine which partly fell off and caught fire while landing on Tuesday at New Tokyo International Airport at Narita. Reuter
          Reuter  -  41 words
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        Lock icon British air cargo industry picking up, say airlines
        524 46 Reuter LONDON The British air cargo industry is on the upturn with UK economic recovery boosting demand and helping to lift rates, said Kevin Hatton, managing director of British Airways pic's cargo arm, BA World Cargo. "Our Heathrow terminal is creaking at
        Reuter  -  524 words
      • Article
        Lock icon Mazda plans to buy US$ 2b in US car parts: report
        194 46 Bloomberg Business News TOKYO Mazda Motor Corp will announce that it plans to buy US$2.4 billion (Ss3.B billion) in US auto parts in the fiscal year that begins April 1, 1997, the English-lan-guage Mainichi Daily News said on Sunday.
        Bloomberg Business News  -  194 words
      • Article
        Lock icon Denver names 10 banks for airport refinancing
        382 46 Bloomberg Business News DENVER Denver has named 10 investment banking firms as underwriters as the city prepares to refinance or pay off some of the US$3.2 billion (S$S billion) in Denver International Airport (DIA) revenue bonds. The underwriting team through 199S includes New
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1706 46 c| wo ra nm n» Mi MmM GA893 1666 GA974 2326 GA964 2340 MaWil QFBl 1930 QF82 2050 SQ228 2106 taMw KL844 0635 KLB37 1540 KL838 2300 GA893 1665 GA974 2325 SQ26 2365 ittmm SQ3A8 2260 McMai NZ35 1425 SQ288 2045 SQ286 2035 rfe36 2235 ■Mi
        1,706 words
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      16 27 If you wanHnhefeJi yesterday. MILmM Fiyit us today mUI Jr I MentwrASM mT I I GRIFFINKINETI^^4SOIWi
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      Page 27 Advertisements Column 2
      15 27 Ums aai Mnicti nprmalii m+g* < feElI J Fa advertising enquiries, contact Shipping Tines: Tel 740-2069/740-2090
      15 words
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      Page 27 Advertisements Column 3
      449 27 M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALL: OQOOOOO Swatchmobile: will it take off? Page 18 Lufthansa to set up S-E Asian hub, Back Page S4mvmL/ SHIP WITH US AND GO AWAY Keep shipping your export mwvmmc/ Milton International Singapore LCL cargo with BCS you complimentary breakfasts. up
      449 words
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      424 28 TSKIJNE AGENCES (S) PTE. LTD. /mhA 'I 1 |7 Tel: 226 3363 tyy i •3 9 |\t I J H F«: 226-1972/3 rn||W J-y Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I i 1 VjJVj'" ii'i'iT" 'uSaf wmmml ii i .ffif nafK mom O?IB 23.02 *25.02 2502
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      Page 28 Advertisements Column 2
      1513 28 n—cnr lo um —t cmif i>ri aroiM rm ■trtwin ——■> to iait imimmmii ipiil oohtmmm mmmcc) r ■JBBBMLJBKJWHJKBwI IT V" y 9ELI SEZ9 rai a-JjUOU-H HWI LH FTI 111 i i —*J —n I —I«— I 1 Kl II n HMia am. m «M trm bmiti mm- nM*aawr armmr mm'
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      2417 29 OOCL (8) PTE LTD JAROINE BHIPPINO AGENCIES JARCMNE SHIPPING AGENCIES SON. BNO. TEL: *****13 FAX: *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL: *****60 *****81/ *****82 IP H TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL:
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      Page 29 Advertisements Column 2
      1839 29 FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILING LIVERPOOL BAY V.5556 ETA SIN 14TH MARCH 94 Voy ETA ETD FMMTM by 8 DESTINATIONS TN. vMh matmloe MAERSK VMM ii.BJiii^ujiMaiffiaimggTffwwKwiTWMJWKWiwiw^wmrfßHwrß 15 03 0800 MRS mmt CFS <4/03 2358 HRS JOH L*K PEN OAK LQB SFO MEM ATI MIA CHS BAL PHL NYC TOR MATH(LD€ MAERSK
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      1592 30 A AQABA R OAM/ [i ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE MAI AWQIA -**2* *2 £6/3_ 29/3 27/3 PoM Kelang. PenanJ DRESDEN EXPRESS 15/309 12/3 21/3 28/3 30/3 2/4 4/4 6/4 Pasir Gudanq KIRISHIMA 03/110 16/3 2/4 5/4 3/4
      1,592 words
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      Page 30 Advertisements Column 2
      682 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Voolochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea t Vietnam Mongolia Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Africa V 2044 06/3 07/4 Bunga
      682 words
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      Page 30 Advertisements Column 3
      1123 30 I NORASiA~I I VSL/VOY SIN ALG BCL* VAF^^^^^HAN^^BREj^RO^^ANT^^FE^I I SMGA 9449-3 09/03 34/03 42/04 43/44 04/44 05/04 06 04 47/04 48/44 10/04 1 I NORASIA SHARIAH 9410 3 16/03 06/04 09/04 10/04 U/04 12/04 13 04 14/04 15/04 17/04 1 I NORASIA MUBARAK 9411-3 23/03 13/04 16/04 17/04 18/04 19/04
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      1841 31 K STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****88 Fax: *****17 wiwimijHWMMiiiM—MMyw I S+A mm ouwa paofic uwe" IA service of china naviootkm CO) CARGO DUE SMS RAIAH BROOKE VO7E Muara lab 07 04 Mar NM>lO IU FCL. LCL CONTAMEN ANO RftEAKRULK SERVICE
      1,841 words
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      Page 31 Advertisements Column 2
      3237 31 SINGAPORE AGENT: ilfiifll I AtlfoiriAl*C P&O Containers (Singapore Agencies) Pte Ltd Wj A tfyV* m. 10 Hoe Chiang Road #07-01 Keppet Towers. Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 ""f> CR Number **********0Z EXPORT IMPORT VESSEL VOT -PWG *PKO SM SOU AWT NOT HAM
      3,237 words
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      Page 31 Advertisements Column 3
      8 31 COLOMBO WEEKLY L.C.L. SERVICE TEL: *****26 FAX: *****27
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      Page 31 Advertisements Column 4
      25 31 VESSEL ETA ETC DCSTNATWN NHUT TAO 07/03 W« HAWKWQ SUBJECT TO IHOUCEMEHTS VIETHONG SHIPPING PTE LTD TEL: 225 1511 FAX; 228 0633 TLX; R823M1 VgTHK
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      Page 32 Advertisements Column 1
      599 32 EKA JAY A AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYANMAR TRADE PAOW HANDPHONE/O«ECT WILLIAM m a— M—flwa mam W cm MWH CITY HfHWY >Wt 2HOM4 na—flMMM KtLVtfi CHAN a—l MMTM/MiaM > TO MYANMAR/YANGON SEMI CONTAINER SERVICE "M OCEANLINES V5l/VOT SPOBt I TANGON SPORE TBN 31/3
      599 words
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      Page 32 Advertisements Column 2
      1523 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDR *SL SM ILMC HAU. Nl IR FOR ¥Sl SM LME HAU. SA» U KYC HANNN ELIZABETH 01 IE 11/3 OKCT 31/3 1/4 2/4 HAMN ELIZABETH OUI 11/3 K AMERICA 014E U/« 15/4 17/4 HANM OAKLANO
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      Page 32 Advertisements Column 3
      1320 32 =k*i H'H'l Imscpuswfiusrus wiosk'wtswttouichsmi ntclw n n k n oi n I t GLEAMT H 045 1/3 9/3 14/1 is/3 E GROWTH o*4 15/3 14/3 21/3 23/3 25/3 21/3 29/3 31/3 1/4 3/« 2/4 M/« 27/4 29/4 31/4 10'5 11/5 12/5 13/5 14/5 24/5 3/S 7/1 l/( £nw K-041 23/3
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      2336 33 ll II sex: 'CALIFORNIA JUPITER 7*' eta sop 09/03/94 II H JHgJSj II ARRIVING LOS ANGELES 26/03/94 IN 16 DAYS HI II II AEX: 'CALIFORNIA ZEUS 54E' ETA SGP 09/03/94 II H ARRIVING NEW YORK 02/04/94 IN 23 DAYS HI vttt'tL wov" lAi 1 LQ« r 'm'k'T *Vn"|' set atl
      2,336 words
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      Page 33 Advertisements Column 2
      1107 33 A I MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQIMRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 dk BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE RISURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
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      Page 34 Advertisements Column 1
      1557 34 AS AGENTS "K" LMC (SINGAPORE) FTE LIB (01 Ho; ********** M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 Itf WjT* MALAYSIA 1" LM MAIITNI (MALAYSIA) SON BNO I M B TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SAKANA LAUT MTBIIUSA. TEL: JKT *****08
      1,557 words
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      Page 34 Advertisements Column 2
      1124 34 ®APPENSHIP (Q\ HAMBURG ITTJ CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOMNNG PORTS DISCHARGE /LOMNNG FOR UNISON HAM 31/01 ANT 05/02 SPORE 11/03 BKK, LAEM INZHENER PARK HON YUK KLP 09/02 TGN 21/02 TRT 02/03 SPORE 24/03. HUANGPU/XINGANG HONESTY S2E 16/02 HAM 22/02
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      1008 35 PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I SSSSSSSS 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I B U CR NO **********0f I I r K 7 i I J VESSEL VOY SM CMS JIB JED AQJ ADE HOC PZU ASA I ■H KOTA WIRAWAN WRNO3B 1«/3 20/3 Wl
      1,008 words
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      Page 35 Advertisements Column 2
      1057 35 VESSELS VOT OOTTEMMM ANTNERf THAMES U HANVE mi Q-AQIBA 7532W 10/03 02/04 04/04 OS/04 00/04 07/ M ORLE DHYDRA mm 10/03 00/04 10/04 11/ BO 12/94 13/94 «U1 DC inu 7732W 20/03 10/0* 20/04 21/04 22/04 23/04 mu kmm gag __20£03__ 22/00 24/04 25/04 20/04 27/04 •ALSO ACCfPTHG CMCO TO
      1,057 words
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      Page 35 Advertisements Column 3
      389 35 BSfl ii. 'VE! a IV33niEME9S!SS^^B' F M MYANMA pHBk FIVE STAR LINE (Myanmar National Line) Loadini for Yan|on (Rangoon) S'port P.KIf Pan P.Gdj PAGAN W2O7W 10/13 Mar C/l Mar HPA-AN V2OOW 15/17 Mar PAGAN W2OOW 29/31 Mar MALAYSIA AGENTS BOUSTEAO SHTftNG AGENCES KUL: TEL 03-*****00 MIL TEL 03-3MS7C7 PEN: TEL
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      1100 38 > i WSSH SHINYEI SHIPPING (S) PTE LTD U|U 10 ANSON ROAD #15-01/02 INTERNATIONAL PLAZA SINGAPORE 0207 CR MO: IN2IMQOOON HOT LINE: *****38 <8 LINES) EUROPE ROTTERDAM, HAMBURG FELIXSTOWE 12/3/94 LEHAVRE/ANTWERP MEDITERRANEAN Barcelona, Marseille, genoa 14/3/94 USA LOS ANGELES, NEW YORK 13/3/94 *ALL IPI DESTINATIONS. NATIONAL EXPRESS g-J FORWARDERS (S)
      1,100 words
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      Page 38 Advertisements Column 2
      170 38 TO AUSTRALIA/NEW ZEALAND "nl Sa Finn Sit *«c* t. Onto MTNERPEN 32W iol ?Q/4 23/4 1/** ELLEN HUOK 32C IS/4 22/4 2»/4~ l/» /S MUSSEL 327 VS iTTs 17/5 2>/» 2VS mm Tim iin ii/s i/T" t/o iv* »v «U MtCKLWS TO USA/CANADA iit GuKport Charintwi H«M»i MTNERHN 3?bM I«7i
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      Page 39 Advertisements Column 1
      633 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 13/3 ROTTERDAM 13/3 AARHUS/COPENHAGEN 15/3 HAMBURG/BREMEN 13/3 MARSEILLE/FRANCE 14/3 FELIXSTOWE/UK 9/3 BARCELONA/SPAIN 10/3 LEHAVRE/FRANCE 9/3 GENOA/ITALY 14/3 ANTWERP/BELGIUM 13/3 LOS ANGELES/WC/PI 13/3 SYDNEY/MELBOURNE 10/3 NEW YORK/EC 1373 FREMANTLE/ADELADE 12/3 VANCOUVER 973 BRISBANE 9/3
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      Page 39 Advertisements Column 2
      1009 39 T—wfuniH'" Mi i i i 1 ii«ie n^n —sin ——PEN m 3 WAMABHUM 21M OEJA BHUM w Fri 11/3 M |l 2/3 VESSEL VOV SIN BMC §—A ■HUM 41S M2n__W/3 jjmT\ I THAHA BHUM 27N M 11/3 tun 13/3 V; XETHA BHUM MN Tin Infl Fn 11/3 |j jWW> jHUM
      1,009 words
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      Page 39 Advertisements Column 3
      608 39 Guaranteed Sailings to-. BANGKOK LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS ''?/&-;";<\='!(}$&]$&&\*((%`&'/ pi PONGNAMA LINE mi K nc HI K m MC TULSOAS VMM 11/3 12/3 14/3 25/3 27/3 SMONC TUOER V4O3N 17/3
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      1591 40 IpjkßMN CONTAINER LINES, INC I -asas -B—Lost PENANGfc (04) *****6 BANGKOK (682) *****67 MANILA <889 *****81 P.KELANGMOB) *****77 JAKARTA: (21) *****07 SURABAYA; (31) *****0 HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 11/3 12/3 13/3 Honf Kong Genoa/Barcelona 12/3 13/3 14/3 13/3 14/3 15/3 Honf Konf Ldn/Fta/Rdm/Ant/lhv/Ham
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      191 40 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD EH CM ft* SMW PORT KQ.JMG PEMNG BIUC MOC 9/3 S*M loading for Va e MWM HUOHU 20/3 Discharging «nd Loading 'Of Bombay DOLMNI 20/3 loading For Male POOR SUPREME 14/3 loading for Male UMMEEDH m FW loading for Male PROGRESS
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      Page 40 Advertisements Column 3
      1031 40 THONG SOON UNES PTE LTD 1 I /VV\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I I TEL: 227-5088 FAX: 227-6011 I I T TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOT S PORE lEST VESSEL VOT IS'POtE PEST EQUATOR JAOE 105/4E 11 MAR
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      Page 43 Advertisements Column 1
      68 43 I 1 1 I factory I V r *—■<*\ TIT-TFrH TOF Any Job. Any Career. Ex»ri"l\/C Available Any Day. To avoid stalemates, try some fresh strategies. Innovation Technology. ANY Tl ME* ANYWHERE* Every Thursday. J J The Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Lianhe
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      Page 44 Advertisements Column 1
      478 44 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SWGAfORE MAMLA wgour P*«nc MIIN 11/03 Ml) 19/03 (SAT) PACIFIC 9411 AN 14/03 (MOW) 19/03 (SAT) PENANG JAYA 9402N 18/03 (FRI) 26/03 (SAT) FRIDAY ,B MW T PENANG JAYA 9402 AN 21/03 (MOW) 26/03 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SWGAPORE
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      Page 44 Advertisements Column 2
      247 44 FULL CMTJUNBI BEMCE VESSEL VOY SIN JKT SERAYAJAYA 138SR 11/03 14/03 SENTOSA JAYA 196S 14/03 17/03 SENANG JAYA 170SN 10/03 13/03 ALL VESSELS BERTH AT "Wl" IN JAKARTA MOONESIA AGENT JAKARTA FT ANGGI OCEANINOO LINE TEL: *****75 FAX: *****86 ~~A TUNAS SETIA SDN BHD A REGULAR FEEDER SERVICE \WA SPORE/PORT
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      Page 44 Advertisements Column 3
      159 44 I cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/02 Rotlerdam/Antwarp am* conventional service VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/03 20/03 Huangpu/Guangzhou COSCO FULL C OUT AIMER WWCgI (FCL/FCL) EXPORT TO: CHMA/BAMGKOK/HOMGKOMG EUROPE/CONTMENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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  • Page 44 Miscellaneous
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      676 44 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 II 1.7 1.5 1.4 1.5 1.6 1.1 2.1 2.3 2.5 2.5 2.4 2.1 1.7 1.3 1.0 0.7 O.C 0.7 0.9
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      930 45 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PNA* PKE» I PCD* I ffssas VOY I SM HTM AHT* LEH* HAM BKLt FtL 02/03 04/03 05/03 SL MMUNER 309N 14/03 01/04 02/04 04/04 02/04 02/04 05/04 09/03 11/03 12/03 H MNOVATOR 308* 21/03 01/04 09/04 11/04
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      Page 45 Advertisements Column 2
      481 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO A HEAVY LIFTS INBOUND VESSELS KSSU Wl V ri uc u NUO ST 111 11/) mua mm n in oil bmii m u/i w/i CMK UMU 1(3 a/i ctsK nmeii in 23/3 CMK cuueku m mi it/i OUTBOUND VESSELS LOAPWC FOR SEN/NIG SEKI
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      Page 45 Advertisements Column 3
      1049 45 *SSQ I VOY ISM ETA/0 I LAX I OAK ICW PAL MEM/COL IHOU NYC I NOR IfNRT HUDSON BRPGE 73A 10 11/03 27/03 29/03 30/03 31/03 31/03 01/04 01/04 02/04 ALLIGATOR TRRMPH S3A 17 11/03 03/04 06/04 06/04 07/04 07/04 0»/04 01/04 09/04 MACKMAC BRPGE 75A 24 23/03 10/04 12/04
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