The Business Times, 16 March 1994

Microfilm: NL19090
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    15 1 SINGAPORE Business Times W i: KM)W ASIA MITA(P) 010/12/93 Wednesday March 16 1994 75 C
    15 words
  • 2 am LATEST
    • Article
      Lock icon Dow Jones down 2.74 points
      37 1 Reuter NEW YORK US blue chips were flat at midday yesterday, failing to respond to February inflation data. At Ipm EST, the Dow Jones Industrial Average stood at 3,860.24 down 2.74 points.
      Reuter  -  37 words
    • Article
      Lock icon Lockheed's unit lands 5% F-16 orders
      68 1 Reuter CALABASAS, California Lockheed Corp said its Fort Worth Co subsidiary has 596 firm orders for the F-16 fighter, making it the largest firm backlog of any tactical aircraft programme in the world. Fort Worth Co, acquired by Lockheed one year ago, will "play
      Reuter  -  68 words
  • Article
    MARKET SUMMARY
    168 1 Stock market indices Tuesday Change STII 2,189.95 -0.15 KLSE Comp closed Nikkei 20,508.85 -17.30 Hang Seng 9,863.56 -116.5! SET Index 1,302.13 +5.58 Jakarta Comp closed CLSA China B ....1.147.43 -2.46 Aust All Ord 2.172.5 -6.8 FTSE 100 3,267.4 +34.0 Tuesday Previous 1pm close Dow Jones 3,860.24 3,862.98 Average
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  • Article, Illustration
    Lock icon Dearer sugar, aluminium put squeeze on some listed firms
    736 1  -  By Lee Han Shih SINGAPORE Sharp increases in sugar and aluminium prices are threatening to erode the profit margins of food beverage and canmaking companies, several of which are listed in Singapore and Malaysia. Since January, the price of sugar has
    Source: Bloomberg  -  736 words
  • Article
    Lock icon Strong demand seen for world equities
    544 1 Analysts do not expect last year's flood of cash to dry up soon Reuter LONDON The 1993 Hood of cash into equities is unlikely to dry up soon despite the recent rise in US interest rates and the subsequent skittishness of stock markets. "We
    Reuter  -  544 words
  • Article
    Regional stocks close mixed
    148 1 SINGAPORE It was a mixed day for the region's stock markets yesterday, with gains posted in Thailand and the Philippines but losses suffered here and in Hongkong. In Singapore, a 19-point rise in the Straits Times Industrials Index was eroded after lunch. The index closed 0.15point
    148 words
  • Article
    Cerebos recalls some products in NZ glass fragment scare
    365 1  -  By Ven Sreenivasan SINGAPORE Cerebos has found itself in a pickle after customers in New Zealand found glass fragments in some of its food products. Cerebos Gregg, the New Zealand subsidiary of main-board-listed Cerebos Pacific, said on Monday that it was
    365 words
  • Article, Illustration
    Kitingan faces ouster as Front gains majority
    595 1  -  From Leslie Lopez in KOTA KINABALU AFTER more than three weeks of political manoeuvring. Sabah's embattled Chief Minister Joseph Pairin Kitingan appears caught in a trap from which there ma\ be no escape. B> late yesterday. Mr Kitingan's Parti Bersatu Sabah (PBS) government
    595 words
  • Article
    Lock icon US current account deficit soars
    181 1 Bloomberg Business News WASHINGTON The US posted the widest trade deficit in goods, services and investments in five years as Americans bought a record number of foreign stocks and bonds. Last year's current account deficit, the broadest measure of trade activity, grew b\ 64.5 per
    Bloomberg Business News  -  181 words
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      203 1 Il CONTENTS News Companies S pot* f*»ws 2 S'pore-M'sia 17 20 Regional Ne»i 3.4.5 Financial 21 22 World News 6.7 Features Markets Analysis 15 Clot)/RISE. SES 26 28 Editorial 14 Regional 24 Sports 9 World .25 TV lifestyle 11 Currencies 22 World Focus 8 Srniei Commo .22.23 Subscription lei 1800
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      8 1 Regional Analysis: 13 Can chaebols survive without props?
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      20 1 Hock Ijock Siew: pg n Good time to buy shipyard stocks C'arnaudMclalbox earnings down. Page IK Full reports. Pages 24-28
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      121 1 The BottoMinef fifeg| Time to deregulate HK nanftHv 3 l <[ lj— c S And Let 71 S§s§§3 Years' Expertise Work For You GR-2010 TRADE IN YOUR COPIER FORUPTOt|2OO For enquiries call Jenny at TEL: 271 9900 Singapore 5 office *RLR* SMMAPOM PTR LTD Bik 1200 Depot Road #07 22/27
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Job vacancies dip to record low
        339 2  -  By Anna Teo KEWER jobs went hogging lust year, if the Ministry of Labour's employment service numbers are any indication. While employers continue to grapple with the labour shortage at various levels, the number of job vacancies lodged with the ministry's job placement section
        Source: Dept ot Labour  -  339 words
    • Article
      New retail outlets outside and in CBD fuel sector's growth
      329 2  -  Yesterday in Parliament Reports b> Anna Teo Schutz Lee NhW outlets, especially those outside of the Central Business District, accounted for the bulk of the 3.6 per cent growth of the retail sector last year. In fact, new outlets in
      329 words
    • Article
      Inflation likely to be below 5.5 pc despite GST: Cheow Tong
      340 2 INFLATION this year should be no more than 5.5 per cent, even with the Goods and Services Tax. Trade and Industry Minister Yeo Cheow Tong said yesterday. The projection is derived from the economy's underlying inflation rate of about
      340 words
    • Article
      Suzhou management "software"' to cost S'pore $2.5 m a year
      266 2 THt government will incur costs of about 52.5 million a year for the next three to five years in transferring management "software" to the Su/hou township in China's Jiangsu province. Trade and Industry minister Yeo Cheow Tong said this included
      266 words
    • IN BRIEF
      • Article
        EDB keen to set up business clubs for various countries
        58 2 I ML Lconomic Development Board is looking into setting up country business eluhs. I lie first, set up this year, is the Vietnam Country Club. Others in the pipeline include investors' eluhs lor Indonesia. China. Malavsia. Myanmar and Thailand. said
        58 words
      • Article
        Higher SDF ceiling reaches more
        80 2 l ML raising of the salary ceiling for the Skills Development Fund levy to SI.(HK) covers about half the workforce and doubles the annual levy collection to about 526 million, said Minister of State (Trade Industry) Goh Chee Wee yesterday But this is only enough
        80 words
      • Article
        MNCs can join trade missions abroad
        93 2 SINGAI'ORh-BASLD multi-national companies keen to enter into joint ventures with local companies in third countries are welcome to participate in any local missions abroad. Trade and Industry Minister Yeo Cheow long said yesterday. Delegation members are selected based on the interests of the companies
        93 words
      • Article
        TDB hit by high staff turnover
        77 2 I HI: I rade Development Board has suffered slightly higher staff turnover than usual in the last few months. Trade and lndustr> Minister Yeo Cheow Tong said this is beeause most TDB officers are involved in areas which are experiencing dynamic growth, and their
        77 words
      • Article
        New Arts Centre a place for everyone
        85 2 THE New Arts Centre w ill not just be a venue for the high arts, high-brow artists and fans but a civic centre of sorts for all Singaporeans, said the Minister for Information the Arts George Yeo. It could become the new gathering
        85 words
      • Article
        No action against ST reporter
        89 2 LEADER of the House Wong Kan Seng yesterday said he will not refer The Straits I into reporter Cherian George to the Committee of Privileges for his comments in a ST column last Thursday entitled "Hold the guillotine when issues are of public concern". In
        89 words
    • Article, Illustration
      BG Yeo exhorts media firms to fashion role for S'pore in information revolution
      381 2 SINGAPORL could be a small but significant player in the global multimedia explosion if its media companies teamed up with others. Minister for Information and the Arts George Yeo said yesterday. "1 encourage our local media companies
      381 words
    • Article
      Three Rifles leads Shanghai property tie-up
      181 2 MAN's wear manufacturer Three Rifles signed a preliminary deal yesterday with the Zhabei district government in Shanghai to develop three commercial and residential buildings for 315 million yuan (5557.27 million). Three Rifles chairman Chong Chong Choong will lead a consortium of about eight to
      181 words
    • Article
      New law allows joint owners to bequeath property by will
      265 2 JOIN I property owners can pass on individual shares of a property through a will without the consent of the co-owners under the Land Titles Act 1993. which came into ciTect on March I. The law is likely to have
      265 words
    • Article
      IBM sets up new unit to sell PCs in Asean
      329 2 THE IBM PC Company, vshich was spun ofT from the parent firm to become a successful business in itself, has set up a unit to manage its Asean business. The new unit. IBM Personal Computer Business Uni Ascan/South Asia, creates
      329 words
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      213 2 >,`=*?@:|!!~.-@$*~`+/$:@$}&>}$+ Die 3rd Asio-Pocific Industrial Automation Exhibition Conference PROPEIIIN6 YOU TO UNPRECEDENTED NEW HEIGHTS IN INDUSTBIAI AUTOMATION TECHNOLOGY than 200 leading manufacturers and suppliers from ail over the world will converge in this highly focused exhibition bringing with them the latest in the industry. Right here, you will find the
      213 words
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      6 2 Still nwm for investors. Pg 4
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  • SOUTH-EAST ASIA
    • Article
      Copyright protection a magnet for US investments: study
      390 3  -  By Chuang Peck Ming SINGAPORE Strong protection of intellectual property in countries such as Singapore and Hongkong is a powerful magnet for American high-technology investment, says a study by an arm of the World Bank. "The strength or weakness of a country's
      390 words
    • Article, Illustration
      Lock icon Thais seek to boost trade with Vietnam during Chuan's visit
      346 3 Reuter AFP BANGKOK Thai Prime Minister Chuan Leekpai starts a four-day visit to Vietnam today. He will lead a team of business and political leaders who are anxious to secure Thailand's share in the scramble for markets there. The senior
      Reuter; AFP  -  346 words
    • Article
      Lock icon Trial ordered for allegedly corrupt Viet officials
      134 3 AFP HANOI Vietnamese Premier Vo Van Kiet has ordered officials accused of corruption to stand trial rather than face lenient internal company inquiries after a port executive who allegedly stole IJSS4O.OOO (5563.200) was allowed to retire on a full pension, it was reported
      AFP  -  134 words
    • Article
      Philippine anti-lottery lobby says Berjaya violates investment law
      406 3  -  From Al Labita in MANILA ANTI-LOTTERY advocates have shifted their attack on Manila's Lotto, slated to start on April I 4), from moral to corporate grounds. They arc now zeroing in on Malaysia's Berjaya. a shareholder of the Philippine Gaming Management Corp
      406 words
    • ASIA NOTES
      • Article
        Lock icon Nod for US$ 294m Cebu expressway
        74 3 AFP MANILA President Fidel Ramos has approved the const ruction ol a U*****.6 million (*****.4 million). Japan-financed road project aimed at easing traffic congestion in the central Philippine city ol Cebu. Economic Planning Secretary Cichto Habito said yesterday. Eighty per cent of the cost
        AFP  -  74 words
      • Article
        Lock icon Thai minimum wage to rise 5.6 pc
        53 3 AFP BANGKOK The minimum wage for Thai workers in Bangkok and other I hai industrial centres is to increase 5.6 per cent on April I. a Labour Ministry official said yesterday. The new wage will be 132 baht a day. an increase of
        AFP  -  53 words
      • Article
        Lock icon Call to woo more Japanese tourists
        77 3 AFP SYDNEY Australia's multi-billion dollar tourism industry must take quick action to improve its share of the lucrative Japanese market, a conference here was told vesterday. Akira Abe. managing director of Japan Travel Bureau Australia, told the Australia-Japan Business Outlook Conference that the number
        AFP  -  77 words
      • Article, Illustration
        Lock icon A creative triumph?
        41 3 Reuter I AlPfcl A Taiwanese shopper gazing at a 352-gram brassiere' made of 24 carat gold yesterday. The bra. on display at a department store here, is worth U*****.000. said the company that made it. Triumph International. Reuter
        Reuter  -  41 words
    • Article
      Lock icon Thai officials looking into ways to fight drought
      240 3 UPI BANGKOK Agriculture Ministry' officials on Monday began inspecting water supplies in the two biggest dams serving Bangkok to determine what new measures will be needed to fight a severe drought. Outlying areas of the city have had their water pressure cut
      UPI  -  240 words
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      396 3 I f You stand a chance I I win over 510,000.00 in A l|l||| |B I our monthly draw! I I AA A I A I m I That means your aircon's I I paid for and you've I extra cash to spend, y I Wfr Aircon, you'll stand to
      396 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Taiwan oil firm to build naphtha-cracking complex
      334 4 AFP TAIPEI Taiwan's state-run Chinese Petroleum Corp (CPC) has signed a letter of intent with 18 local private firms to build a joint-venture naphtha-cracking complex here. CPC officials yesterday said the complex would cover 1 .(KM) hectares and accommodate two plants capable of
      AFP  -  334 words
    • Article
      Lock icon BP group tipped to win oil deal in Tarim basin
      278 4 Reuter BEIJING China is likely to award oil survey rights to another block in the potentiallyrich Tarim basin to a fivemember consortium led by British Petroleum Co pic. a senior Chinese oil official said. "For the third block, we may
      Reuter  -  278 words
    • Article, Illustration
      Still room for investors in second Shanghai city centre
      377 4  -  By Teh Hooi Ling SINGAPORE Investors can still take part in the development of a new city, tipped to become the second city centre in Shanghai, after the current Central Business District at Nanjing Road (E) Band. Certain plots of land
      377 words
    • Article
      Lock icon China to hold its biggest investment promotion in US
      240 4 AFP BEIJING China is to stage its biggest investment promotion in the United States in 15 years next month with about 800 industrial and agricultural projects being offered to US investors, the China Daily said yesterday. The projects will be promoted
      AFP  -  240 words
    • CHINA WATCH
      • Article
        Lock icon HK may rescind cut in corporate tax
        88 4 Bloomberg Business News HONGKONG The Hongkong government may rescind its decision to cut the territory's corporate income tax rate by one percentage point to 16.5 per cent from 17.5 per cent if legislators block a proposed rise in property tax, the Sunday Morning
        Bloomberg Business News  -  88 words
      • Article
        Lock icon Pollution costs China US$ 11.5b a year
        82 4 AP BEIJING The annual economic losses from China's severe pollution problems are about US$ll.5 billion (5518.17 billion), a top environmental official said yesterday. Qu Geping, chairman of the national legislature's Environmental Protection Committee, said China would enact new environmental laws and toughen fines
        AP  -  82 words
      • Article
        Lock icon China accused of dumping garlic
        90 4 AFP WASHINGTON US farmers complaining that China is dumping garlic on the US market have a case, the independent US International Trade Commission ruled on Monday. The complaint from US garlic producers will now be referred to the US Commerce Department for a ruling on
        AFP  -  90 words
      • Article
        Lock icon Death for bond scam man
        114 4 Bloomberg Business News BEIJING China said yesterday it has sentenced to death the man behind a one billion yuan (*****.6 million) corporate bond scandal which rocked Beijing. Shcn Taifu, who headed the Great Wall Machinery and Electronics Group, was convicted of bribery and corruption, said
        Bloomberg Business News  -  114 words
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      64 4 SfWOUDING HAW I _jf x _"J I 3;jw i Ff -d+JP m k^ S" v t*\ o\w W W 3 II 1 S m fcb^ k JRf TTv £ft Sfc. |P^ V T" 1 1 X I A A B. ■r Euroßonus member Yue Meng Fai. Electronics Engineer. ASEAN Cableship
      64 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Kim Young Sam to seal deals worth billions on China tour
      537 5 AFP SLiOUL Beijing and Seoul are seeking to sign accords on industrial cooperation during President Kim Young Sam's planned visit to China as South Korean firms unveil details of ambitious investment projects there. "The two countries are seeking to
      AFP  -  537 words
    • Article
      Lock icon Ex-minister summoned over links to Japan bribery scandal
      241 5 Reuter TOKYO Japanese prosecutors have summoned a former land minister for a grilling on his links to a bribery and bidrigging scandal that last week claimed an ex-construction minister, news reports said yesterday. Upper House lawmaker Takashi Inoue. former head of the
      Reuter  -  241 words
    • Article
      Afta on new Aussie minister's agenda during Asean visit
      241 5  -  From Florence Chong in SYDNEY THE impact of the Asean Free Trade Area (Afta) on Australian companies will be among the main topics to be raised by Australia's new Trade Minister Senator Bob McMullan. on his first overseas trip. Senator McMullan
      241 words
    • Article
      Lock icon Japanese trade surplus edges up but rate slows
      310 5 Reuter TOKYO Japan's intractable trade surplus grew just over 3 per cent to USS 10.91 billion (5517.2 billion) in February from U5510.57 billion a year earlier, unadjusted for seasonal factors, the finance ministry said yesterday. February was the third consecutive month in
      Reuter  -  310 words
    • Article
      Lock icon Japan's bankruptcy debt up 17.9 per cent in February
      334 5 Reuter AFP lOKYO Japan's continued economic slump drove total debt from bankrupt Japanese companies in February up 17.9 per cent from a year earlier, a debt research company said. Ihe 512.62 billion yen (557.6 billion) was the largest for any February,
      Reuter; AFP  -  334 words
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      152 5 8 Guests At j I Raffles Will 8 II Soon Be I Immersed In jj Champagne. J I'i Ihe elegant chatcau. e o the innovative h j;j cuisine, the ordinary 9 drink of kings and I; < princes'. From the *14th to 18th March. U guests at Raffles Grill e
      152 words
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      267 5 jf THE PANASONIC NEURO FUZZY LOGIC COPIER COMES WITH A BUILT-IN SERVICEMAN. The Panasonic Neuro Fuzzy Logic Copier uses and no visible deterioration in copy quality. production cycle has resulted in Matsushita advanced computer technology that s based on Instead, what you get is quick, clean copies Electric Industrial Co.
      267 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon German-Chinese business doubles
        80 6 Reuter FRANKFURT Germany's engineering sector doubled its business with the People's Republic of China to around four billion marks (553.75 billion) in 1993, Jan Kleinewefers, head of the VDMA engineering association, said. Mr Kleinewefers called the increase spectacular and expected business to continue rising. "However, we won't
        Reuter  -  80 words
      • Article, Illustration
        Lock icon Hero's welcome for Mandela
        98 6 Reuter AFP MMABATHO, South Africa ANC president Nelson Mandela arrived to a hero's welcome in Bophuthatswana yesterday after last week's riots, effectively ending a 17-year clamp on free political activity in the homeland. Mr Mandela, who is expected to be South Africa's first black president, was
        Reuter; AFP  -  98 words
      • Article
        Lock icon UK retailers' sales up
        110 6 Bloomberg Business News LONDON L'K retailers' sales rose in February from a year earlier at the slowest annual rate since January 1993. according to the latest distributive trades survey by the Confederation of British Industry. Coupled with the slackening sales growth, inflation remains subdued. Prices in
        Bloomberg Business News  -  110 words
      • Article
        Lock icon Nixon meeting Zhirinovsky
        111 6 AFP MOSCOW Former US president Richard Nixon was to meet ultra-nationalist Vladimir Zhirinovsky yesterday. The meeting, initially scheduled for last week, was postponed after President Boris Yeltsin angrily cancelled talks with the 81-year-old Mr Nixon and charged that visiting dignitaries "cannot behave in Russia any way (they)
        AFP  -  111 words
    • Article
      Lock icon Balladur faces tough test over youth wage plan as protests mount
      327 6 AFP PARIS Abandoned by his political friends, conservative Prime Minister Edouard Balladur faces his toughest test tomorrow. when students and trade unions will stage massive countrywide demonstrations against his plan to cut the minimum wage for voung people. Conservatives
      AFP  -  327 words
    • Article
      Lock icon Bundesbank sets stage for further rate easing
      522 6 German hanks given chance to hid for securities repurchase funds at interest rates of their choice Reuter Bloomberg Business News FRANKFURT The German Bundesbank set the stage for another small decline in a key market interest rate yesterday by offering banks the chance
      Reuter; Bloomberg Business News  -  522 words
    • Article, Illustration
      Lock icon Cold cure
      73 6 Reuter NO\ OSIBIRSk. Siberia A surgeon pouring ice around the body of a patient during preparations for heart surgery in the Hemopathologic Institute of Novosibirsk over the weekend. The institute claims that by lowering the bod> temperature to 22 degrees Celsius, it is able to stop the heart
      Reuter  -  73 words
    • Article, Illustration
      Lock icon Clinton man quits Justice post over law firm probe
      503 6 Reuter NYT WASHINGTON Associate Attorney-General Webster Huhhell. a former law partner of Hillary Rodham Clinton and long-time friend of President Bill Clinton, resigned on Monda\ because of questions from his former Little Rock law firm about whether he overhilled clients. The
      Reuter; NYT  -  503 words
    • Article
      Lock icon Industry tells Europe to toss out curbs and join info superhighway
      387 6 IHI PARIS Europe is preparing to tost kev elements of an eleet ron ie-i nformat ion superhighway. but industry leaders say a fully operational system will never be built unless national governments end their telephone monopolies and toss out
      IHI  -  387 words
    • Article
      Lock icon EU holds crisis meeting to save enlargement plans
      350 6 Reuter Bloomberg Business News BRUSSELS European Union foreign ministers gathered for crisis talks yesterday amid a divisive row over internal voting powers that threatened prospects tor enlisting up to four new member states. "It's the last chance to decide the enlargement of
      Reuter; Bloomberg Business News  -  350 words
    • Article
      Lock icon US inventories hold steady, but retail sales dip
      388 7 AP WASHINGTON United States business inventories held steady in Januarv. while sales due to a weather-related deeline in retail spending dipped for the first time in six months as 1994 began, the government said on Monday. There were few surprises in the
      AP  -  388 words
    • Article
      Lock icon Anglo-Indian trade on firmer footing with new initiative
      171 7 AFP LONDON British Prime Minister John Major and his Indian counterpart PV Narasimha Rao have put trade links on a firmer footing with the announcement of an extended trade initiative and confirmation of increased investment. At a Monday meeting in Mr Major's
      AFP  -  171 words
    • Article, Illustration
      Lock icon A hostile greeting for Rao
      56 7 Reuter LONDON As Indian Prime Minister Narasimha Rao was being entertained by his British counterpart John Major at 10 Downing St on Monday, some 150 demonstrators held a protest outside. They were airing their grie>ances of alleged violations by Indian security forces in Punjab. Kashmir
      Reuter  -  56 words
    • Article
      Lock icon Clinton seeks to pare down foreign aid to US$ 7.45b
      307 7 AP WASHINGTON US President Bill Clinton's administration is cutting its 1995 foreign aid request to U557.45 billion (SS 11.7 billion), down from USSB.I billion granted by Congress for this year. This is the economic assistance to be distributed by the
      AP  -  307 words
    • Article, Illustration
      Lock icon IMF chiefs visit to Moscow raises hopes of loan deal
      473 7 Reuter WASHINGTON International Monetary Fund managing director Michel Camdessus plans to fly to Moscow tomorrow for a five-day visit, fanning hopes that the IMF is about to clinch a key loan deal with Russia, monetary sources said on Monday. The
      Reuter  -  473 words
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      153 6 SAE Industrial Systems, agent for TCM owners can rest assured that productive hours are not Forklifts is now offering you a special package deal for lost during down time. the purchase of 2.5 and 3 ton diesel forklifts. TCM Forklifts...ride it out now. To beat the That's right, in addition
      153 words
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      350 7 We think we're the best laser printer for $999. (So who are you going to believe, us or them?) Us Them 0J Print speed of 6 ppm, not 4 [>fnn "For starters, the EPL-SCOC is hist." TXrspite its diminutive stature, it's rated for a burly, iJT Printer sharing of up
      350 words
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  • WORLD FOCUS
    • Article, Illustration
      Queue of foreign investment funds in manufacturing sector
      814 8  -  Russia manufacturing and defence From John Helmer in MOSCOW DFSPITF headlines of rampant inflation. strikes over unpaid wages, falling production. and insolvency for the majority of its enterprises. Russia has begun to draw foreign investment funds into manufacturing for the domestic market.
      814 words
    • Article
      Lock icon N-arms plans must stay in case Cold War resumes: Perry
      474 8 NYT WASHINGTON US Defence Secretary William Perry, arguing that the instability in Russia could lead to a renewal of the Cold War. said on Monday that the Pentagon needed to continue nuclear weapons programmes to "hedge" against that possibility. In
      NYT  -  474 words
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      405 8 Dont be left out... Invest in Giim now. v/' KT- v nfe I <UX 1 (Ihina today is one of the fastest growing economies offered at a price of Sl.OO per unit. Apart from the 3 in the world. Notwithstanding some signs of the potential capital appreciation of the Fund,
      405 words
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      Page 8 Advertisements Column 2
      116 8 1 WESTERN SAMOA I——— long term international companies are the most effective for B3yHBHa|BUX3 your offshore company flj til [H structure. Available at an effective annual cost We also P rovide offshore companies from: from as low as US$4OO British Virgin Islands P er annum Bahamas Bermuda Full nominee, Cook
      116 words
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  • SPORTS
    • Article, Illustration
      Lock icon Agassi too sharp for Becker
      627 9 AP KE\ BISCAY NL, Florida Boris Becker and Nick Bolletticri never had a chance Monday against Andre Agassi. His game and tongue were just too sharp. Only ballgirl Stephanie Flaherty ga\e Agassi any trouble in the third round of the Lipton Championships. Flaherty, captain of
      AP  -  627 words
    • Article, Illustration
      Lock icon Hornets down Celtics in extra time
      180 9 AP CHARLOTTE. North Carolina Muggsy Bogues made a key steal in the closing seconds of regulation time, then scored four points in the final 40 seconds of extra time to rally the Charlotte Hornets to a 107-101 victory over the Boston Celtics here on
      AP; Reuter  -  180 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Athletics
        70 9 AP LONDON Algerian runners Noureddine Morceli and Massiha Boulmerka were voted Arab sports personalities of the year for the second time in succession by listeners of the BBC. Vlorceli. the world 1,500 m champion, was chosen ahead of Morocco's Khalid Skah and Qatar's Mohammed Suleiman for the men's award.
        AP  -  70 words
      • Article, Illustration
        Lock icon Badminton
        120 9 Reuter LONDON I cad inn world grand pri\ rankings issued b> tlu- International Badminton Federation on Monday ahead of this week's AllFngland championships Nlen: I Ihomas Stuer-Lauridscn (IX-n) 715 points 2 Ardy W iranata (Indo) 660 3 Jens Olsson (Swe) 600 4 Heryanto Arhi (Indo) 500 5 Fung Permadi
        Reuter  -  120 words
      • Article, Illustration
        Lock icon Basketball
        26 9 Reuter NKW ORk NBA Monday: Denver I 16 San Antonio 88: harlotte 107 Boston 101: Utah 102 LA luikers 101: Sacramento 102 IXtroit 108. Reuter
        Reuter  -  26 words
      • Article, Illustration
        Lock icon Cricket
        108 9 AP BRIDGEIOW N. Barbados West Indies players settled a dispute with the West Indies Cricket Board of Control but are still unhappy with salaries for the series against England, their lawyer said on Monday. Members of the West Indies national cricket team cancelled a planned strike for better pay
        AP  -  108 words
      • Article, Illustration
        Lock icon Golf
        102 9 AFP LONDON Zimbabwe's Nick Price jumped into the world's top three with his victory in the Honda lassie on Sunday. He swapped places with German Bernhard I anger in the Sony Ranking and is now within two points of leader Greg Norman of \ustralia. l eading rankings: I Cireg
        AFP  -  102 words
      • Article, Illustration
        Lock icon Ice hockey
        20 9 Reuter NKW *ORk Nlll. Monday Florida 2 NY Rangers 1: Montreal 5 Boston 4: Qucbcc 5 Chicago I.
        Reuter  -  20 words
      • Article, Illustration
        Lock icon Motor-racing
        74 9 Reuter MELBOURNE The Australian Formula One Grand Prix will move to Melbourne from Adelaide in 1996. a year earlier than planned. Victoria state Premier Jeff Kennett said yesterday, kennett said the move to the Victorian capital was agreed with the government of South Australia, whose capital. Adelaide, hosted the
        Reuter  -  74 words
      • Article, Illustration
        Lock icon Soccer
        84 9 Reuter BIKNOS A IRKS Diego Maradona. in high spirits after Argentina coach Altio Basile included him in his squad to play Brazil m a friendly, said he was determined to play alongside striker laudio Caniggia in the World Cup. "It all comes down to my wanting to he there."
        Reuter  -  84 words
      • Article, Illustration
        Lock icon Tennis
        207 9 Reuter AFP KLV BISCAY NK, Florida l.ipton Championships Monday Men's 3rd rd: Stefan Fdherg (Swe) b Jason Stoltenberg (Aust) 7-6 6-1; Jim (irabb (US) b Sergi Bruguera (Spn) 7-6 6-3. 5-(ioran Ivanisevic (Cro) b Richey Reneberg (US) 6-4 6-4: Michael Chang (US) b Alberto Berasalegui (Spn) 1-6 6-4 6-2:
        Reuter; AFP  -  207 words
      • Article, Illustration
        Lock icon Yachting
        91 9 AFP PI NT A DFI. KSIK. I rut:ua> Fourth let: standings in the W hithread Round the World \acht race on Monda), ~nd to Punk- del Fste: I Nc» Zealand Fndeavour (Ci Dallon. N/) Maxi. 21 da\s 2hr 26niin I3scc 2 Inlrum Justiiia (I Smith. I uropc) Whitbread 60.
        AFP  -  91 words
    • Article
      Lock icon Move over Wembley, Birmingham is it
      606 9 All England championships Reuter BIRMINGHAM. Lngland I ears that badminton's showcase. the \ll l ngland championships. would sulfer badly with a change of venue have proved groundless. \lter nearly 40 years at Wembley, the l l event starts this week in its new home
      Reuter  -  606 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      353 9 Come join our seminar for your growth as a trader/investor Dr. Alexander Elder TRADING FOR A UVINS V Your mind Your trading system Your indicators Your money and measure your improvement with unique TYaders' Tests trading is based on MIND (Trading psychology) j§ METHOD (Trading system) aEKljr MONEY (Managing your
      353 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      775 10 Nothing Beats A Bud, iwa' OF V—| 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 81K833W103 ROYAL VILLEBUKITTIMAH
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      Page 10 Advertisements Column 2
      223 10 WHERE TO WINE, DINE AND ENTERTAIN OLD FASHIONED FUN. HFCLIIBS." mr trf <tf» vi o>*«m li t-* >**ip| in dr-o^f '>©• V»T ard ~Kxs% y ec- iMc N»'-t or ~%stan •<* ita-dr 1 »v*i rt-« tor imi 5t j paot'x |c (ootf »e on* v» Pi \/\Hon.i rIJ u. NEW
      223 words
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      Page 10 Advertisements Column 3
      490 10 f ft, THE T' %pIV£IN7Q THE. EX&7Efl£VT^| Enjoy an unforgettable evening of spectacular world-class revues at the Neptune And our Early Dinner Special menu prepared b\ experient ed Hong Kong chefs. Free parking in the evening. Showtimes: B.oopm to 8.30pm 9.30pm to 10.00pm T||» fU* i Hrrtr** I mo* Mouw
      490 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Golly, Galway's serious
      1191 11  -  Flutist James Galway says he is having an image problem and it's of his own doing. Allan Kozinn puts us on the right track Allan Kozinn NYT AS James Galwuy sees it. his popular image is not quite accurate. He does not deny that he helped create
      NYT  -  1,191 words
    • Article, Illustration
      Lock icon The Marilyn you've not seen before
      395 11 CHATTERBOX Reuter UPI UPI UPI UPI THESE never-before-published photographs of the late actress Marilyn Monroe, taken in 1957 by photographer Richard Avedon. are to appear in the March 21 issue of The Ac» Yorker magazine. This view is a portion of a mural which
      Reuter; UPI  -  395 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      137 11 Surf Turf Poolside BBQ elegant alfresco dining Celebrate the euphoria that Friday and Saturday brings with choice succulent meats and an ocean harvest grilled to your satisfaction. Friday Saturday only 6.30pm to 10.30pm Price: Ss26.oo++ adult) S$ 14.00++ child below 12 years 24 Mount Elizabeth, Singapore 0922. Tel: *****88 Fax:
      137 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1292 11 TV RADIO I movement began sR«£>V^^j with the aim of re-establishing the fauna of Israel. This programme examines the movement. and latest achievement releasing a jpp herd of oryx the Neger Desert. Audrey Hepburn the daugh- JHm|. IF ter of a distinguished family. whose father happens to forge art works.
      1,292 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Man who dares to steer country on a new course
      1370 12  -  Reform in South Korea SOHN JIE-AE SOHN JIE-AE the writer is a S'ti ml-ba sed iimrnahsl PRESIDENT Kim YoungSam may have only completed one-fifth of his term, but political reforms during his first year are expected to significantly affect the
      1,370 words
    • Article, Illustration
      Globalising the economy to build competitiveness
      469 12  -  Special to BT JEONG JIN-HO JEONG JIN-HO The writer i.s a research fellow with the Korea Economic Research Institute in Seoul PRESIDENT Kim Young-Sam is now into the second phase of his reform campaign. A major plank of his campaign is to huild national
      469 words
    • Article, Illustration
      Can the chaebols survive without props?
      1020 13  -  Impact of reforms on business and the economy SN VASUKI SN VASUKI The writer is a HT correspondent FOR close to three decades South Korea's fabled chaebols were invincible. They were encouraged by government to play a critical role in the country's industrial development.
      1,020 words
    • Article
      Economic restructuring: major challenges still lie ahead
      1231 13  -  Gordon Flake examines the prospects for the Korean economy Gordon Flake The writer is director of research and academic affairs at the Korea Economic Institute of America in Washington WHEN South Korea elected President Kim YoungSam in December 1992, few would have predicted
      1,231 words
  • Page 12 Advertisements
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      57 12 We Arp iL in 111 Korea! y Be Sure To Get Your Copy Today! I Universal Publications Agency Ltd 54 Kyonji-Dong, Chongno-ku CflK#ol>^lMl' f C <Saxduuo& Qti&artAeyue* tc, Jfiem/wv/ (j/uk 5j jS 2 HAPPY HOURS 3 From 6pm to 9pm, Monday Through Thursday From 6pm to Bpm, Friday FREE ADMISSION-FREE
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      Page 12 Advertisements Column 2
      60 12 I I-f onjy my boss would 1 I respond -bo these ads... A ~£J§ ANY JOB ANY CAREER. AVAILABLE ANY DAY. I f ANY T,ME AnywhEßE P\r 1 T J |rr| ~7 The Straits Times The Sunday Times Business Times .X The New paper Lianhe Zaobao Lianme wanbao j Smin
      60 words
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  • Article
    Pointers from the jobs summit
    527 14 EDITORIAL IN YEARS past, meetings of the world's seven leading industrial countries on economic issues G-7 summits, as they have come to be known have tended to focus on broad macroeconomic issues, including monetary' and fiscal policies, exchange rate levels, and the openness of trade
    527 words
  • WHAT THE OTHERS SAY
    • Article
      Messages for CPF savers
      277 14 LAST WEEK. Finance Minister Richard Hu sent three significant messages to investors putting CPF savings into the stock market. Speaking in Parliament, he said the shares of RMCA Reinsurance, which had 2,120 CPF members as shareholders, were likely to be worthless after it settled its debts.
      277 words
    • Article
      Enhancing community spirit
      146 14 EVERY YEAR in the month of Ramadan. Muslims are required to pay zakat Jit rah or tithe. This year, the amount of tithe set by Muis is 52.30. Apart from being a religious obligation, the tithe symbolises a deep sense of community belonging. This is because the
      146 words
    • Article
      Stick to simplified Chinese
      158 14 ALTHOUGH Chinese can only be taught here as a second language to most students due to objective limitations, there is no doubt that recent developments have raised the status of the language and there are more students opting to do Higher Chinese. One factor which helped
      158 words
    • Article
      A revolt for the vote
      147 14 THE CLOSET RACISTS who view last week's rioting in Bophuthatswana and South Africa's ongoing ethnic violence as proof of Africans' inveterate inability to govern themselves deliberately fail to grasp the gravest iniquity of apartheid. Throughout three centuries of the most repressive and demeaning form of
      147 words
    • Article
      Rough ride ahead
      155 14 CHINA'S economic plans for 1994 do not seem to bode well for Hongkong's economy. After digesting reports by the premier, finance minister and state planning minister delivered last week at the National People's Congress. Hongkong businessmen probably found no reason to celebrate. Some cannot help but walk
      155 words
    • Article
      A dangerous little pesky fly
      151 14 NORTH and South Korea failed to narrow their differences in talks held last Wednesday, as part of an international drive to end Pyongyang's suspected nuclear weapons programme. Seoul officials said the talks were deadlocked over North Korea's demands that the South stop "nuclear war exercises"
      151 words
  • Article, Illustration
    The high price of China's switch to a market economy
    995 14  -  Beijing official Ren Caifang says a developing country cannot avoid high inflation rates during a period of rapid economic growth Ren Caifang The writer is director (urban socio-economic survey) at China s Slate Statistical Bureau. (This article, originally in Chinese,
    995 words
  • Page 14 Advertisements
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      54 14 h DoN'T *mou)Hcw| GMKTA Pi>mP D SOU CAW WORX IM ST/NKT E>V TH/S 1/ fa EG VOURA ISUCM SU?RotWDWGS u)INDOUJ PSNfD IN S J TVAis^PtAce P»G STv.... y (gowg TD UJORX IDGE.IW« I KV v 1 1 cassociated mwy«ftMLTD.tt«-n»4 VhOgjiplb PQ SOMETHING fsgQUT 1T.../ ~40 DOONESBURY GARRY TRUDEAU B S^an
      54 words
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  • ANALYSIS
    • Article, Illustration
      The Northern zeal to 'reform' the South
      1772 15  -  Leon Hadar found the 'us versus them' spirit alive and well indeed, going great guns at a conference in Washington last week Leon Hadar G ROWING trans-Pacif-ic economic problems in particular, rising Japanese-American trade tensions and continuing US threats not to renew China's
      1,772 words
    • Article
      Computer chips, not potato chips
      609 15 AS THE Cold War fades into history, it is becoming increasingly clear that the United States has left the age of geo-politics and is entering a new era of geoeconomics in which competition between nations will be more economic than military in nature. According to
      609 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      114 15 For Sale By Tender 1 Bungalow at Richards Avenue (Building Permit 5142/91) and 3 Pairs of Semi-Detached Houses at Surin Lane (Building Permit 5426/93,5641/93 It 5404/93) Freehold Land Under Construction Bungalow Site Area Approx. 5321 sf Built-up Area Approx. 4323 sf Expected TOP 31st Sept. '94 Semi-Detached House: Site Area
      114 words
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      Page 15 Advertisements Column 2
      165 15 NO-HIDDEN-COST PACKAGE *$120 nett, angle twin occupancy with complimentary breakfast HB Si %HR Tl t I^HLLhP^ That's right. We present the full cost to you. No extra charges, no hidden cost that'll shock you with your bill. And you enjoy the comfort and luxury of extra spacious rooms, 24 hours
      165 words
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  • Article
    Lock icon G-7 jobs summit ends without agreement on solutions
    500 16 AP AFP DFrROIT The first-ever global jobs conference drew to a close yesterday with all countries agreeing that they face nagging unemployment in the industrialised nations, but disagreeing on just what the solutions should be. While the Cabinet ministers held their final
    AP; AFP  -  500 words
  • Article
    Lock icon Tens of millions of Chinese farmers seek city jobs
    310 16 AFP BEIJING Tens of millions of farmers left their inland villages after the Lunar New Year in February and flooded to the country's booming cities in search of employment. Xinhua News Agency yesterday quoted previous forecasts as saying about 30 million
    AFP  -  310 words
  • Article, Illustration
    Lock icon If s a long, long day
    64 16 AFP BEIJING Zhou Nan (left), director of Xinhua News Agency in Hongkong, the de facto Chinese consulate in the British territory, was unable to stifle a yawn during the annual National People's Congress held at the Great Hall of the People here on Monday.
    AFP  -  64 words
  • Article
    Lock icon US close to effectively zero inflation: White House economist
    387 16 Reuter WASHINGTON The United States is quite close to achieving what effectively is zero inflation, senior White House economist Alan Blinder said. Mr Blinder, who is the leading candidate to take over as vice-chairman at the Federal Reserve, said inflation is
    Reuter  -  387 words
  • Article
    Lock icon US wholesale prices up o.5 pc in February
    265 16 Bloomberg Business News AP WASHINGTON American wholesale prices shot up 0.5 per cent last month, the biggest jump in 10 months, the government said yesterday in a report reflecting the cfTects of the winter freeze on heating costs. The Labor Department said
    Bloomberg Business News; AP  -  265 words
  • Article
    Lock icon Key coalition faction to set up new party headed by Hosokawa
    247 16 AFP TOKYO A key Taction of the coalition government plans to establish a new political party headed by Prime Minister Morihiro Hosokawa before the next Diet election. Shinseito party leader and Foreign Minister Tsutomu Hata told the Sankei Shimbim,
    AFP  -  247 words
  • Article
    Lock icon US-Japan trade ties in serious disrepair, says Kantor
    349 16 AFP Reuter WASHINGTON United States Trade Representative Mickey Kantor said US-Japan economic ties are in "serious disrepair" and Tokyo must take big steps for trade negotiations to resume. "Our trade and economic relationship, a key priority of the Clinton administration, is in
    AFP; Reuter  -  349 words
  • Article, Illustration
    Time for HK govt to end interest rate pact with banks
    881 16  -  The Bottom Line PAUL MARRIAGE PAUL MARRIAGE The writer is executive director of Hongkong-based corporate affairs consultancy Forrest International. The views expressed are his own and do not necessarily reflect those of the company. QUESTION: When is HK$lOO not
    881 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      28 16 }!*<"{`{)&<(&`^?!,.[[]$-'&(;:)` SINGAPORE LUMPUR NGEE ANN ODEON TOWERS £M MENARAIMC CITY (Opp Rafflaa Tm (Opp Shangri-La Hotel) (Orchard Road) Hotel) *?A|y Quality Serviced Offices Tel: 65-*****43/ Fax: 65-339 1676 MRCENTRE
      28 words
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      Page 16 Advertisements Column 2
      14 16 Editorial: Pointers from the jobs summit, Pg 14 US inventories hold steady, Pg 7
      14 words
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      Page 16 Advertisements Column 3
      410 16 @'';(;-./'-|`)?}}~[(*%~~,;<~=)/ f— HI 1 CANDLESTICK I /JPV J MlTfßfc FORECASTER. Xl* HP. I. Capital Research Services as applied to KLSE stocks, SES stocks, Commodities Currencies March 30.1—4<W*d) Concord*HoW. K. Lumpur KLMEMocks RM MMM Ikrch 31,1W4 (Ttiurs) Concord* HoW, K. Lumpur Conwn A Curr. RM 960.00 Apr* 2,1994 (Sol) TJ. Ant
      410 words
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  • COMPANIES & MARKETS
    • Article
      Singatronics back in the black with net earnings of $2.5 m
      333 17  -  By Claire Leow SINGAPORE Contract manufacturer Singatronics returned to the hlaek for the year ended last Dec 31 with net earnings of 52.52 million, after losing 52.84 million the previous year. Its turnover was 41 per cent higher at
      333 words
    • Article, Illustration
      Goldtron group earnings rise 32pc
      440 17  -  By William Chia SINGAPORE Sesdaq-listed electronics group Goldtron has posted a 32 per cent increase in group earnings to $21.58 million for the year ended December 31, 1993. Executive chairman Ong Soon Kiat. who declared the results at a press conference yesterday, also announced a
      440 words
    • Article
      Lim Kah Ngam reports 122 pc jump in earnings
      275 17  -  By Sylvia Wong SINGAPORE Construction group Lim Kah Ngam Ltd yesterday announced a 122.24 per cent jump in 1993 net earnings to S 17.06 million as well as a one-for-three bonus issue to mark its performance. It said the big increase
      275 words
    • Article
      Now's a good time to start accumulating shipyard stocks
      683 17  -  By Rahita Elias SINGAPORE The bosses of the Big Three yards Messrs Loh Wing Siew. Tan Mong Seng and K K Tan are pretty much in the same boat, so to speak. They are suited up in their waterproof slickers to
      683 words
    • Article
      Ipco clinches US$25 lm deal to build terminal in Nigeria
      400 17  -  By Genevieve Cua SINGAPORE Ipco International has clinched a US$25l million (55.197 million) contract to build an oil export terminal in Nigeria, beating major Japanese and European builders. The contract was recently signed by Ipco Nigeria, in which Ipco holds
      400 words
    • Article
      Apollo Enterprises' profits drop 76 per cent
      205 17 SINGAPORE Apollo Enterprises yesterday reported a 76.2 per cent drop in 1993 earnings to 51.27 million, which it blamed partly on competition in the hotel industry. Turnover for the group, which owns a three-star hotel of the same name in Haveloek Road, fell
      205 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        44 17 Mixed 'Market Mood indicates the likely trading sentiment today. based on brokers polled at 5-6 pm yesterday. Overnight events may alter sentiment Brokers polled Barings. Daiwa. Kay Hian. Morgan Grenfell. Phillip. Tat Lee. Smith AVw Court, ti l Carr and SG Warburg
        44 words
      • Article, Illustration
        HOT STOCK
        142 17  -  By Paul Leo Buy United Overseas Land at $1.96 as the short and medium-term technicals are bullish. Daily RSI is at zero, indicating a deeply oversold condition. Daily stochastics has turned up from deeply oversold region while both weekly RSI and stochastics are below 25, indicating an oversold
        142 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Jaya Holdings launches cargo vessel
          58 18 SINGAPORL Shipping firm Java Holdings has begun operating the Panxlima. a 15.092 deadweight tonne vessel which it bought tor more than US$2 million (SS3.I million). Ihe ship is operating between Yangon. Chittagong and Karachi. Ihc Panx/i--nui is owned and operated b\ a newly formed company.
          58 words
        • Article
          Hour Glass sets up Thai subsidiary
          91 18 SINGAPORL Watch and jewellery retailer lhe Hour Glass has formed a joint venture to sell watches and other accessories in Bangkok, it will partner Ihai businesswoman Phornthip Narongdej to form The Hour Glass Thailand, which will have an authorised share capital of 50 million
          91 words
        • Article
          Fels completes drilling vessel
          32 18 SINGAPORL Lar Last Levingston Shipbuilding has completed the world's first purpose-built, semi-submersible drilling vessel for a Panamanian drilling contractor. The contract, worth USS6O million, was clinched last April.
          32 words
        • Article
          Wing Tai winds up subsidiary
          36 18 SINGAPORL Wing Tai Holdings says subsidiary Winmore Investment has decided to wind up voluntarily. This is because the residential development project undertaken by Winmore has been completed and the profit recognised.
          36 words
      • Article
        UMF seeks KLSE listing through new holding firm
        238 18 KUALA LUMPUR United Merchant Finance (formerly known as MUI Finance) is seeking a listing on the Kuala Lumpur Stock Exchange main board through a new investment holding company. United Merchant Group (UMG). UMG. with a paid-up of MS2. is equally held by
        238 words
      • Article
        Cosco plunges into the red but expects favourable '94 results
        331 18  -  By Teh Hooi Ling SINGAPORL Cosco ln\estment Ltd. formerly known as Sun Corporation, plunged into the red last year with a net loss before extraordinary items of $581,000 compared with a net profit of 5373.000 in 1992. After charging an
        331 words
      • Article
        Carnaud Metal Box's earnings down 68pc
        316 18 SINGAPORE CarnaudMetalßox (CMB) Asia yesterday reported a 68.1 per cent plunge in net earnings to 59.9 million as turnover dropped 22 per cent, to 5251.84 million, for the year ended Dec 31. The company, in the midst of restructuring its business following a change
        316 words
      • Article, Illustration
        Cebu Shipyard records 6pc rise in group profits
        230 18 SINGAPORE Ccbu Shipyard Engineering Works a member of Singapore's keppel conglomerate achieved a 6 per cent rise in group aftertax profits to 43.6 million peso* (SS2.4X million). This translates to a group earnings per share of 34.2 ccnta\os. up 5.6 per cent.
        230 words
      • Article
        SIA to award $20m contract for simulator
        151 18 PERTH Singapore Airlines (SIA) will soon award contract for a S2O million simulator for its A 340-400 long-range aircraft. SI.Vs assistant director of flight operations (training) LJ McCully said on Monday that the airline would also construct a Sl6 million three-level building to
        151 words
      • Article
        UNIT TRUSTS & FUNDS
        544 18 UNIT TRUSTS FUNDS HUMCcrVpricMtt) Vlar Ife I SO, fund IOS UN" Singapore Unit Trust W® Invest Mgt lid Ihc < xmnwiv l.7| I Ml nilund I 4* I >4 11k (uihI I V> I 64\d n| )*w>d 1025 10*5 Sp.*C I'ruc fund 0 7 077 I nilcd Cir f und
        544 words
      • Article
        Thai bourse, watchdog at odds over firms' loans to directors
        377 19 BANGKOK A difference of opinion has emerged between the two bodies governing capital markets the Stock Exchange of Thailand and the Securities and Exchange Commission over nonfinance companies' lending to their directors, the Bangkok Post reported. The SET believes non-fi-nance
        377 words
      • Article
        Lock icon India probes flow of drug money into shares
        458 19 Reuter NEW DELHI Police have investigated several accounts at Indian stock exchanges for alleged laundering of money from gold and drug smuggling. Finance Ministry officials said yesterday. Revenue intelligence officials said they were also monitoring the previously unknown phenomenon of foreign currency
        Reuter  -  458 words
      • Article
        Lock icon Thailand's Ucom trebles net gain to 713 m baht
        137 19 Bloomberg Business News BANGKOK Thai telecommunications conglomerate United Communication Industry pic (Ucom) said its net consolidated profit more than tripled last year to 713 million baht (SS4S million). Ucom. a diversified supplier of telecommunications equipment and systems, is the exclusive agent
        Bloomberg Business News  -  137 words
      • Article
        Lock icon Acer expects financial windfall from patent suit win
        287 19 Reuter TAIPIiI Acer Inc. Taiwan's largest personal computer maker. yesterday said it would reap a financial windfall from its victory in an important patent dispute with a US company. The court decision also showed that Taiwan's computer industry, long dependent on foreign
        Reuter  -  287 words
      • Article
        Lock icon Daimler-Benz aborts plans to list shares in Hongkong
        223 19 Bloomberg Business News FRANKFURT DaimlerBenz AG is dropping plans to list its shares on the Hongkong Stock Exchange now that a listing in Singapore is imminent. The German automotive, aerospace and electronics conglomerate expects approval for Singapore trading by the end of
        Bloomberg Business News  -  223 words
      • COMPANY BRIEFS
        • Article
          Lock icon Chaifa shares fall 5.7 pc on its debut
          75 19 Bloomberg Business News HONGKONG Shares m Chaifa Holdings Ltd. a garment and shoe maker and retailer, fell 5.7 per cent, or 6 HK cents, from their issue price on their first day of trading on the Hongkong Stock Exchange. 1 he stock
          Bloomberg Business News  -  75 words
        • Article, Illustration
          Lock icon No RISC, no gain for Apple
          57 19 Reuter NEW YORK. Apple Computer introducing the Power Macintosh line of computers at a New York press conference on Monday The new computers feature the highly efficient RISC chip developed by IBM. Motorola and Apple. The model 6100/60 Power Macintosh is expected to have
          Reuter  -  57 words
        • Article
          Lock icon Swire raises prices of flats by 58 pc
          83 19 Bloomberg Business News HONGKONG Swire Properties has raised the price of apartments in its luxury residential complex Robinson Place by 58.75 per cent. A Swire spokesman said yesterday that the company intends to sell 70 of the 651 apartments in the complex,
          Bloomberg Business News  -  83 words
        • Article
          Lock icon Shanghai Erfangji profit up 1.3 pc
          68 19 Bloomberg Business News HONGKONG China's Shanghai Erfangji Co. a textile machinery maker publicly traded in Shanghai and the United States, said its net profit rose 1.3 per cent to 144.3 million yuan (5526.1 million) for the year ended Dec 31. 1993. Company chairman Zheng
          Bloomberg Business News  -  68 words
        • Article
          Lock icon Mirror Group profits beat expectations
          47 19 Reuter LONDON Mirror Group Newspapers, the tabloid publisher nearly wrecked by its late owner Robert Maxwell, yesterday announced better-than-expected profits. The British group turned in profits before tax and exceptional items of £73.8 million (*****.9 million), a 127 per cent rise. Reuter
          Reuter  -  47 words
        • Article
          Lock icon Minebea, FAG sign ball-bearing deal
          64 19 Reuter BANGKOK Japanese conglomerate Minebca Co Ltd said it has signed an agreement with FAG Kugelfischer Georg Schacfer on the supply of ball bearings and components. Under the pact. FAG will supply Minebca with ball bearings in the range of 24 to 30 millimetre outer
          Reuter  -  64 words
      • Article
        Lock icon Daewoo to apply for merger of two units
        331 20 Reuter SLOUL South Korea's Daewoo Group said it planned to apply by the end of the month to merge its shipbuilding and heavy industry arms. "We plan to file an application (with the government) some time this month." said C S Kim.
        Reuter  -  331 words
      • Article
        Lock icon Former US Honda executives charged with fraud, bribery
        367 20 Reuter CONCORD. New Hampshire Five former American Honda Motor Co sales executives have been indicted by a grand jury and eight other former employees have pleaded guilty to charges of fraud and bribery. The US Attorney here said on Monday that the
        Reuter  -  367 words
      • Article
        Lock icon GE Capital offers US$ 2.lb for Kemper, may raise bid
        342 20 Bloomberg Business News FAIRFIELD. Connecticut CiE Capital Corp. seeking to expand its insurance and securities operations, offered to buv Kemper Corp for USS2.I billion (553.2 billion) and said it would be willing to pa> more. The financial sen ices unit
        Bloomberg Business News  -  342 words
      • Article
        Lock icon China's steel giant to set up regional HQ in Hongkong
        189 20 AFP HONGKONG Chinese steel giant Shougang Corp has decided to set up a regional headquarters in Hongkong to explore the potential of southeast Asian markets, it was reported yesterday. Shougang chairman Zhou Guanwu told the China-backed 11 'en 1117 Ho
        AFP  -  189 words
      • Article
        Lock icon Merrill's chairman got US$ 9.6m pay last year
        356 20 Bloomberg Business News WASHINGTON Merrill Lynch Co Inc awarded chairman Daniel Fully USS9.6 million (SSIS million) in salary and bonuses last year, a 30 per cent increase that reflected a banner year on Wall Street. The securities industry earned a record USSK.9
        Bloomberg Business News  -  356 words
      • Article, Illustration
        Lock icon Designer telephones
        61 20 AFP HANNOVFR. Germany An exhibitor with two German Telekom telephones the Sinus 33 Handy (left) and the Art-Eine-Phone Baleno at the International Electronics and Communications Fair, or Ceßit. in Hannover yesterday. They were among the numerous portable, cordless and designer telephones of all shapes and sizes available at
        AFP  -  61 words
      • Article
        Lock icon Japanese can buy B shares in Shanghai
        181 20 Bloomberg Business News HONGKONG The Shanghai Stock Exchange* has been named an "appointed foreign securities market" for Japanese retail investors, allowing them direct access to Chinese B shares. Koto Junichi. who heads Nomura Securities' China div ision. said Japan's National Securities Association relayed
        Bloomberg Business News  -  181 words
      • Article
        Lock icon Why scandal-ridden Kajima is still a hot stock in Japan
        472 20 MARKET WATCH Bloomberg Business News TOKYO With its image in tatters, thanks to its prominent role in Japan's unfolding influ-ence-peddling scandal, construction giant Kajima Corp wouldn't strike one as a glamour stock. So why is it that Kajima's shares have
        Bloomberg Business News  -  472 words
    • FINANCE & COMMODITIES
      • Article
        Chubb member launches policy to cash in on IPOs
        322 21  -  By Shiv Taneja SINGAPORE A member of the United States-based Chubb Insurance group has launched a prospectus liability policy here to cash in on the growing number of initial public offerings. The policy being offered by Chubb stable member Federal Insurance
        322 words
      • Article, Illustration
        Lock icon Plan to liberalise commissions worries Japanese brokers
        424 21 Reuter TOKYO Securities brokers in Japan are worried their industry may be creating further problems when it starts to liberalise commissions on April 1. The fixed-commission system has enabled brokers, from the so-called Big Four to tiny bucket shops, to prosper together. But
        Reuter  -  424 words
      • SMALL CHANGE
        • Article
          Lock icon Top Japanese banks face credit watch
          93 21 AFP TOKYO Standard and Poor's Asia said yesterday it has placed the long and short-term ratings of four main Japanese commercial banks on a credit watch. The four were the Bank of Tokyo Ltd, Mitsubishi Bank Ltd, Sanwa Bank Ltd and Sumitomo Bank Ltd.
          AFP  -  93 words
        • Article
          Lock icon Tokyo allows new corporate bonds
          80 21 Bloomberg Business News TOKYO The Ministry of Finance, in a move signalling greater freedom for companies in Japan's capital markets, has approved the first floating-rate bond sold to investors here. Nippon Steel received permission last Thursday for such a sale, Kinyu Facsimile News, an independent
          Bloomberg Business News  -  80 words
        • Article
          Lock icon Sanwa may up stake in Manila bank
          105 21 AFP MANILA Sanwa Bank of Japan may increase its 25 per cent equity in Rizal Commercial Banking Corp if a law opening up the Philippines' banking system is passed, the country's sixth largest bank said yesterday. Sanwa managing director Kanco Muromachi said during
          AFP  -  105 words
        • Article
          Lock icon JAL's notes pay Libor plus 25 points
          80 21 Bloomberg Business News LONDON Japan Airlines Co's 10 billion yen (Ssl49 million) of four-year floating-rate notes would pay interest quarterly at a rate of three-month London interbank ofTered rate, or Libor, plus 25 basis points, said manager IBJ International pic. The notes mature
          Bloomberg Business News  -  80 words
        • Article
          Lock icon Indon bank increases dragon bond sale
          70 21 Bloomberg Business News HONGKONG State-owned PT Bank Ekspor Impor Indonesia has increased its first dragon bond sale to US$l59 million (Ss2sl million) from US$lOO million, said Nomura International (HK), the debt syndicate manager. The sum was raised to match the bank's maximum borrowing requirement
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Global Bank revamps structure
          88 21 Reuter NEW YORK Chemical Banking Corp said it set up a new organisational structure for its Global Bank to enhance its flexibility and responsiveness in meeting clients' needs. The new structure established a group for market coverage and client management in the US, Canada, Western Europe
          Reuter  -  88 words
      • Article
        Keppel Bank gets nod to set up Beijing, Yangon offices
        200 21 SINGAPORE Keppel Bank has received approvals from the Central Bank of Myanmar and the People's Bank of China to open representative offices in Yangon and Beijing respectively. According to a statement issued yesterday by the bank, the Beijing office will
        200 words
      • Article
        Bank Rakyat raising US$ 75m transferable loan
        218 21  -  By Soh Tiang Keng SINGAPORE Bank Rakyat Indonesia is tapping US$75 million (SSII9 million) from the Asian dollar market in the form of a transferable loan. This four-year loan, which can be transferred to another lender, bears an interest rate of one per
        218 words
      • Article
        Lock icon Asia-Pacific warrants top mutual fluids in February
        302 21 Bloomberg Business News HONGKONG Four of the five top-performing mutual funds in February were warrant funds. The Hongkong Investment Funds Association yesterday said the top-performing fund in February was Jardinc Fleming Unit Trusts' JF Far Eastern Warrants fund, which reported a year-to-date return
        Bloomberg Business News  -  302 words
      • Article
        Lock icon Central bank-backed paper gold trading expected by June
        387 22 Reuter LONDON A system of paper gold trading baeked by central bank reserves, which could lure investors from the physical bullion market. ma> be launched by June. Several bullion houses and central banks have discussed "securaising" gold reserves to rnal the often
        Reuter  -  387 words
      • Article
        Lock icon US looks at tax breaks to revive oil and gas industry
        245 22 Bloomberg Business News WASHINGTON The Clinton administration is working with state lawmakers on proposals to revive the oil and gas industry, including tax breaks for small drillers. Other tactics under review include royalty relief for offshore drillers and a
        Bloomberg Business News  -  245 words
      • Article, Illustration
        Lock icon Border petrol
        56 22 Reuter BREGOVO, Bulgaria More than 1,500 motorcycles cross Bulgaria's border with Serbia each day to sell petrol in their tanks to their embargo-hit neighbours, who pay three times the price in Bulgaria. These motorcyclists at the Bregovo border crossing in north-western Bulgaria said on Monday that they made
        Reuter  -  56 words
      • Article
        Lock icon Deloitte pays US$ 3l2m to settle claims over S&L debacle
        301 22 Bloomberg Business News WASHINGTON Accountants Deloitte Touche paid the US government USS3I2 million (***** million) to settle elaims that its audits of several savings and loan clients contributed to their failure, three federal agencies said on Monday. The settlement was
        Bloomberg Business News  -  301 words
      • Article
        Lock icon Papua New Guinea's coffee output rises 25pc
        192 22 Reuter SYDNEY Papua New Guinea eotYee output rose 25 per cent to 1.06 million 60 kg hags in the vear ended September 1993 from 841.000 in the previous year, the Coffee Industry Corp (CIC) said on Monday. Chief executive Ricky Mitio. speaking to
        Reuter  -  192 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        133 22 IT WAS a slow day yesterday with Malaysia and Indonesia still on hoiiday. The US dollar opened firmer against the Singapore dollar, at 1.5845-55, having seen little significant change over the long weekend. With S$ deposit rates reported lower, there has been bidding interest for
        133 words
      • Article
        Lock icon London
        182 22 Bloomberg Business News LONDON The dollar rose against the deutschemark here as traders speculated on a drop of between 5 and 8 basis points in the Bundesbank's key money market interest rate this week. It skidded against the yen, however, as tensions in the USJapan trade dispute heightened again.
        Bloomberg Business News  -  182 words
      • Article
        Crude oil futures stable ahead of US supply data
        169 22 Bloomberg ENERGY REPORT LONDON Crude oil futures prices were largely stable on both sides of the Atlantic yesterday as traders waited for the inventory report from the American Petroleum Institute, brokers said. "In the longer term, the market's fundamentally bearish however,
        169 words
      • Article
        Lock icon New York
        81 22 AFP NEW YORK The dollar rose marginally yesterday against the other major currencies in active trading after the government reported a 0.5 per cent increase in US wholesale prices. At 9 am. the dollar was trading at 1.6950 German marks from 1.6902 late on Monday in New York
        AFP  -  81 words
      • Article
        Lock icon Red meat output down l pc in 1993, says Gatt
        240 22 AFP GENEVA Red meat production dropped one per cent in 1993. primarily because of a reduction in cattle stocks in the European Community, central and eastern Europe and the Commonwealth of Independent States. Gatt said here on Monday. Consumption of
        AFP  -  240 words
      • Article, Illustration
        Untitled
        1690 22 luhUmwhuil Hkk'\ iiiktiUih-J attain* S'/%m»«*% /«Y' InuhtK fkttlihrx fas< i.UI /y.v US$/S$ forward rates Noon Mar 15 ss Bid Offer l-monlh 15*44 I >85'* .-monlh I.SS40 I 5S>5 Viihwh h I >8i7 I.5X5J 6-month I.SSiS 1.5X45 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am on Mar IS: Singapore dollars
        1,690 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end mixed ahead of data release
        1358 23 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars futures closed mixed ahead of the release of US producer prices data yesterday. Dealers said the Eurodollars were caught in a range before release of the US data. The market is expecting a 0.4 per cent increase.
        Reuter  -  1,358 words
      • Article
        S'pore rubber futures end firmer
        565 23 COMMODITY REPORTS Rubber SINGAPORE: Rubber futures prices ended the afternoon session on a firm note yesterday, buoyed by thin short-covering of nearby contracts, brokers said. They said with demand from consumers still healthy, prices were unlikely to retreat. "Trade demand in Tokvo was evident today.
        565 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          India unlikely to use sugar option
          141 23 SINGAPORE The Indian Sugar Industry Export Corp is unlikely to exercise an option to buy a second cargo of raw sugar because of higher prices, according to Asian traders. Traders said the first cargo of 12,000 tonnes was bought on an experimental basis to
          141 words
        • Article
          S Africa Feb gold output slips
          150 23 JOHANNESBURG South Africa's gold production for February slipped to 47.849 tonnes, nearly 8 per cent down on the 51.873 tonnes produced in February 1993. According to figures from the Chamber of Mines yesterday, the central coordinating body for South Africa's six mining houses, February
          150 words
        • Article
          Japan Feb soybean imports up
          108 23 TOKYO Japan's customs-cleared imports of soybeans in February rose 4.8 per cent from a year before to 384,499 tonnes, according to a preliminary report released yesterday by the Ministry of Finance. Total value rose 24.1 per cent from a year before to US$l2O.B million, the
          108 words
        • Article
          LME copper stocks down
          55 23 LONDON London Metal Exchange copper warehouse stocks fell 5,325 tonnes to 532,150 as of Monday, according to figures released yesterday by the LME Nickel stocks were at 134,928 tonnes, up 942 tonnes. The LME normally tallies its warehouse stocks each Monday and Thursday and releases the
          55 words
    • Article
      COMMODITY PRICES
      1487 23 Rubber Singapore Commodity Exchange (futures ctostag as at lpo) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Apr 94 I I 145.75 2.425 Mav 147.75 147.50 147.75 400 5.300 Jun 149.50 149.00 149.00 400 6.750 Jul/Sep 151.25 150.25 150.75 450 5.175 Oct/Dcc
      1,487 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1119 24 -6.8 Shares closed weaker as the bond market's continued nervousness about inflation spilled over into equities yesterday, brokers said. "The interest rate markets are still volatile and everyone is watching the bonds." a Bell Buckle Securities broker said. The All Ordinaries index ended 6.8 points lower at 2.172.5. Brokers
        1,119 words
      • Article
        Mania
        666 24 +1.93 Shares closed slightly higher as profit-taking eroded a midmorning spurt of almost 40 points, brokers said. The composite price index at the PSE's Manila trading floor inched up by only 1.93 points to close at 2,633.46. while the benchmark at the Makati bourse climbed by as many points
        666 words
      • Article
        Taipei
        603 24 -59.63 Taiwan share prices ended lower across the board and turnover shrank to its smallest amount this year as many buyers stayed absent, brokers said. The index finished 59.63 points or 1.1 per cent down at 5,274.24, one point above this year's lowest close, as turnover fell to NT534.29
        603 words
      • Article
        Seoul
        366 24 -1.4 The stock market finished a day of narrow trading lower after consolidation in blue chips pared advances in low-priced shares, brokers said. The composite stock index stood 1.40 points lower to close at 911.43. oft a dav high of 916.06. Trading volume increased as 46.72 million shares from
        366 words
      • Article
        New Zealand
        282 24 +27.98 The New Zealand share market closed strongly as buying support in the bourse's more liquid stocks helped carry the NZSE--40 capital index almost 30 points higher. The index closed at 2.249.41. up 27.98 points from the previous day's close. However, the market had a mixed tone, with
        282 words
      • Article
        Bombay
        58 24 +17.01 Stock priccs ended marginally higher in a trading session that almost came to a standstill as a ban imposed by the Securities and Exchange Board of India (SEBI) on forward trading took elTect, brokers said. The Bombay Stock Exchange (BSE) 30-share index closed at a provisional 3.764.23, up
        58 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        783 24 Britannia Funds SterliaR ask Bid (ttfrr Mini jp (krpusii W MM) <K 6X1) Mim irro (>ik U ir»J OIW Mi* Ikimc 'HUM UStCak liKumc Plus I und •KIO'UO "IOWOI PSt Rrvnr Fund 5 J400 5 Mrrting l^nt) F wro Pcfl.wmjrKT 0 451- 0 41** F jr Fa* F und 7»S0
        783 words
      • Article
        London
        646 24 +34 Share prices closed firmer yesterday, helped by bonds as interest rate sentiment, both domestic and foreign, appeared to take a more optimistic turn, dealers and analysts said. News of an encouragingly small rise in core US February producer price data, hopes of a fall in German interest rates
        646 words
      • Article
        Paris
        126 24 +43.5 French shares finished sharply higher for the second day in a row, with a gain of almost 2 per cent on the back of firmer bonds and futures, traders said. Most business was in baskets, with investors buying small and medium company stocks rather than expensive blue chips.
        126 words
      • Article
        Frankfurt
        178 24 +20.42 The DAX index closed at 2,165.59, up 0.95 per cent or 20.42 points on the day but down 3.81 points from Monday's post-bourse close. Share prices were pulled lower towards the end of the session by casing DAX futures prices, dealers said. The March contract had hit an
        178 words
      • Article
        Brussels
        142 24 -0.26 Belgian stocks ended mixed, but around the day's best levels after a spurt of Bcl-20 basket buying again boosted prices at the close of a quiet day. The Bcl-20 index closed just 0.26 point or 0.02 per cent down at 1,514.07. It dipped at the start and spent
        142 words
      • Article
        Milan
        139 24 +0.56pc Shares ended on a positive note after a session largely devoted to technical moves ahead of the end of the March account Wednesday, traders said. Sentiment remains strong, however, as investors who take a sanguine view of elections at the end of March continue to show demand, particularly
        139 words
      • Article
        Amsterdam
        270 24 +3.37 Dutch shares closed near the day's highs after a late bounce inspired by buoyant US and European bond markets. The 25-share AEX index closed 3.37 points or 0.79 per cent firmer at 427.27. Prices ticked up towards the end of the session as bond markets responded positively to
        270 words
      • Article
        Zurich
        271 24 16.5 Swiss shares ended firmer as the market extended gains on the back of firmer US bonds, which rose in reaction to the release of US PPI figures, dealers said. Earlier firmer German bonds had lifted the market. However, trading volume was thin and expected to remain so. Many
        271 words
      • Article
        Johannesburg
        302 24 108 South African shares made substantial gains yesterday as the quarterly futures close-out dominated spot trade, but dealers said shares, and indices, were likely to dip today as fu-tures-related support faded. The overall index finished 99 points better at 5,255, the industrial index added 108 points to 6.102 and
        302 words
      • Article
        Toronto
        280 24 16.33 Toronto stocks climbcd early yesterday with gains in most sectors led by surging transportation and precious metal issues. Traders said Toronto equities received a boost from US inflation data, which met market expectations. The TSE 300 index rose 16.33 points to 4,486.69 on volume of 13.64 million shares
        280 words
      • Article
        New York
        830 24 +6.19 The Dow Jones industrial average was ahead 6.19 points to 3,869.17 at 11 am EST yesterday. The key barometer was down 0.43 point shortly after the market opened. The New York Stock Exchange composite index was ahead 0.67 to 259.68, while the S&P 500 was up 1.03
        830 words
    • Article, Illustration
      Lock icon HONGKONG
      3061 25 Reuter HONGKONG Slocks ended lower in thin trade as profit-taking by foreign institutions erased early morning gains yesterday, brokers said. Sentiment was cautious and many investors remained on the sidelines. waiting for fresh market direction. The Hang Seng Index closed down 116.51 points, or 1.17 per cent, at 9.863.56.
      Reuter; Source: Bridge Info  -  3,061 words
    • Article, Illustration
      CHINA
      545 25 THE Shanghai B index only managed a 0.31-point gain yesterday, as the A shares market saw heavy profit-tak-ing after its rally on Monday. On its first day of trading. Steel Tube closed at 40 US cents against its IPO price of 39.8 cents with only 5.5 per cent of
      545 words
    • Article, Illustration
      Lock icon TOKYO
      2515 25 Reuter TOKYO Tokyo stocks gave up earlier gains and closed slightly lower on arbitragelinked selling led by declines in futures prices yesterday, brokers said. Trade was quiet due to lack of fresh incentive and fluctuating share prices throughout the session. Both domestic and foreign investors became cautious about buying
      Reuter; Source: Bridge Info  -  2,515 words
    • Article, Illustration
      Lock icon BANGKOK
      1730 25 Reuter BANGKOK Thai stocks rebounded on bargain hunting after earlier dips to close 5.58 points up at 1.302.13 yesterday, brokers said. Turnover was a thin 4.5 billion baht. Rises led gains by 144 to 113 while 85 issues closed unchanged. "Buying interest, especially in bank and finance and securities
      Reuter; Source: Bridge Info  -  1,730 words
    • Article
      CLOB INTERNATIONAL
      2342 26 MOST ACTIVE volume PllHIKt loiMum \MI>B MV >412 H M) lilns H\J 4 JIU.mil) kjinunling "HK »J"4tl«ll> \lnl|»h.i lull NK. Ijfrvi <iuhi|> r '(ClWIil Pcgi \Ku *81 mm vi mv ::ixin»i Mouing i oip I v|MKm Iiin.»n BhJ I .N4VIKIII Kerning Hhvl MV I.SWllUl lohjn -HK. I '><1
      2,342 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7717 27 MAIN BOARD Transaction date: Mar 15 iii <if lltvw Ijm \ul l>at I ast (.ha.t. I>•» ■>•» lid \rt M t ap Il»«(h I ox iimpant Sahr ItMVI I huh lint Hater Viler S ("ti S P'F vnil INDUSTRIAL AND COMMERCIAL 1440 .10 I s Vina UNI) III I1IIIXI HMO
        7,717 words
      • Article, Illustration
        Lock icon Early boost from company results fails to last
        1936 28  -  By R Sivanithv SINGAPORE The tug-of-war between strong earnings and interest rate fears continued yesterday, with the latter winning marginally. Dealers said the overall weak sentiment in the market received an early boost with DBS Bank's disclosure that its 1993 earnings grew
        Source:; Source: Bloomberg  -  1,936 words
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      382 17 NEWS VALUE //oh today 's news might affect your stocks Rise in sugar and aluminium prices may hit listed firms (Pg I) Factors behind the price increases not entrenched. Little impact on stocks of F&B and can-mak-ing companies in the short term. Kitingan faces ouster as Front gains majority (Pg
      382 words
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      Page 18 Advertisements Column 1
      276 18 WIN A 1994 DAEWOO ESPERO IN OUR BUY A DAEWOO. WIN A DAEWOO LUCKY DRAW. 1.5 L sedan (M) on the road without CoE&insurance Buy a Daewoo forkJift truck between now and 28th Daewoo's technologically advanced industrial October '94 and win fantastic prizes in not one, but two equipment have
      276 words
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      Page 18 Advertisements Column 2
      131 18 these days are smarter than you think! Many people have the idea that installing for you with our comprehensive alarm systems in their premises will security service. We protect your prevent break-ins. While this is true to a premises with state-of-the-art on-site certain extent. it occurred to that the speed
      131 words
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      Page 19 Advertisements Column 1
      49 19 A BUSINESS wrecked by ilk WILL CEASE TO A hP But because bL this CHOSE W FASTEST |Hg DETECTION SYSTEM, ,t w,ll still ***** I I i ><1' HERE ugj HRgj And who makes B BE >*»► VESDA h m mm hhii hh ihiiih hhi bbb ihhi telephone 292 8421
      49 words
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      136 20 TRADE WITH EC SINGLE MARKET COUNTRIES AFTER 1992 A WORKSHOP FOR ASEAN COUNTRIES MARCH 23-25,1994 This three-day workshop cum seminar aims to provide trade practitioners and exporters from developing nations, with the skills and knowledge to understand changes in market access conditions resulting from a Single European Market. The seminar,
      136 words
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      Page 20 Advertisements Column 2
      62 20 This announcement appears as a matter of record only P.T. RATU SAYANG INTERNATIONAL Syndicated Facility of U5530,000,000 Lead Managers The Hongkong and Shanghai Banking Corporation Limited The Mitsubishi Bank, Limited Managers Industrial and Commercial Bank of China The Sanwa Bank, Limited The Sumitomo Bank, Limited Arranger and Facility Agent W
      62 words
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      Page 21 Advertisements Column 1
      1027 21 13 Goldtron Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors are pleased to announce the following results: 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1993 Group Company 1993 1992 1993 1992 SS'OOO SS'OOO SS'OOO SS'OOO Turnover 354.232 226.292 57 3,851 2.571 50 Operating profit/(k>ss) 30.702 21,165
      1,027 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      199 22 For $158* per room you will get your Seminar FREE HTbc next time you plan for a seminar, make sure you ask for the Orchard Parade Hotel's Room Seminar Bonus Package. From SISB (single) per room, we will set up your seminar at no charge with the following perks. Morning
      199 words
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      Page 23 Advertisements Column 1
      49 23 Saw an ad of a house that you may like to own? o Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. OasaFaEfl* ■l'l r.l il tli'M ill Till! Ii H 'Hl'■ Ml >1 CJkZtM. An SPH AudioTn J r*lct
      49 words
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      Page 23 Advertisements Column 2
      34 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Make new business contacts through classification 203 in The Straits Times Classified, cjltx 1717-11**!
      34 words
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      Page 25 Advertisements Column 1
      114 25 Yes, get instant cash at low, low spot for your shares for 1, 2 Period rates with our Express Share Loan, or 3 months from as low as exclusively from Hong Leong 1 month 0.9% 0.9%. Call us at 220 9433/ Finance and Singapore Finance. 2 months 1800-226 3398 or
      114 words
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      Page 26 Advertisements Column 1
      906 26 RATHER THAN A STOCK EXCHANGE, LOOK AT AN INVESTMENT EXCHANGE. At ilibank. you can now switch to Unit I rusts and still get the opportunity to make high returns with only moderate risk. So lor a I resh alternative, call our 24-Hour Citi Phone Banking toll-free on I 800) 225-5225.
      906 words
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      Page 26 Advertisements Column 2
      0 26 <)\+$)&&|<$)|":%<,(+)>./($;+|>/
      0 words
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      100 27 B Mondial Takes a Shine to Ngee Ann City To add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial. Now at Ngee Ann City. For all your internationally certified f G.I.A, H.R.D and 1.G.1 diamonds, j J emeralds and other gemstones. NEW SHOWROOM: Mondial Ngee Ann
      100 words
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      599 28 SALE OF CONSERVATION SHOPHOUSES IN CHINATOWN AND LITTLE INDIA Following the earlier sales of conservation shophouses in Chinatown and Little India, 12 parcels have not been sold. They are now being re-offered to the public who are interested in purchasing shophouses for conservation in these areas. The particulars of the
      599 words
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  • Shipping Times
    • Article
      TWRA sets new currency surcharge
      288 29 Cut for Japan but increase for Taiwan for 2nd qtr SINGAPORE Members of the Transpacific Westbound Rate Agreement (TWRA) will lower their currency adjustment factor surcharge (CAF) Tor Japan but increase that for Taiwan for the second quarter J>f this year. The TWRA is a
      288 words
    • Article
      Kvaerner delivers second catamaran to Korean owner
      263 29  -  By Ramesh Divyanathan SINGAPORE Specialist Jast-ferry builder Kvaerner fjellstrand Singapore yesterday delivered a catamaran to South Korea's Nam Hae Express Co. The Sam Hue Queen is the Second vessel delivered to the Korean owner and is designed according to Kvaerner's "40M Flying Cat"
      263 words
    • Article, Illustration
      Lock icon Collision in Bosphorous Straits raises safety fears
      438 29 FT ISTANBUL I he collision between a Greek Cypriot-regis-tered oil tanker and a coaster near the Black Sea mouth of the Bosphorous Straits 011 Sunday has brought home Turkey's fears over the dangers posed by increased tanker traffic through one of the world's
      FT  -  438 words
    • Article
      Lock icon Sea Containers more than triples 4th qtr profit
      321 29 Bloomberg Business News HAMILTON. Bermuda Sea Containers Ltd on Mondav said fourth-quarter profit more than tripled, largely as a result of lower interest costs after it sold foreign securities. The marine transport company will acquire the 58 per cent of Orient-Express Hotels
      Bloomberg Business News  -  321 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        724 30 Vessel Voy Wo Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port v< gi 0/194 P04 1603 1430 1/*****0 Arrow Adventure 0194 115 16 alongside 1603 1900 Baltimar Nep 01A PO/ IS 03 .'300 1803 0600 8atam Sayang 03 01 94 11 alongside 1603 2300
        724 words
      • Article
        CONTAINER SCHEDULES
        2094 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts •VP Voy No Etb/Btr Period From To From •I *Ac»Uy 047B 18 2000 3 16 0700 16/1149 16/1*00 4 16 1200 16/1459 16/1700 «Ad Goncharo. 11SI94 16 1900 1*
        2,094 words
    • Article
      THE SHIPPING GUIDE
      11406 38 This is a list ot ships loading at Singapore for ports around the world. It tabulates. bv destination, the name ol the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,406 words
    • Article
      DAILY FREIGHTS
      1456 45 Tilt Baltic Freight Index tor spot dry cargo shipping rates rose to 1.123 on Monday from 1.1 on March 11. Rates for Panamax hulk carriers in the east remained fairly steady, hut the key grain freight routes have been sluggish, brokers said. K is on subjects until Tuesday
      1,456 words
    • Article
      TRANSPORT DIARY
      411 45 COURSES Title: Basic Principle's of Shipbroking and Chartering (SDI 50%) Duration: Mar 21 May lb Organiser: Singapore National Shipping Association let For further details and application forms contact SNSA at 278-3464 or fax: 274-5079. I ilk: Singaport '94 International Maritime Exhibition Conference Duration: Mar 22-25 Organiser: Port of
      411 words
    • Article, Illustration
      Lock icon Dutch yards with different yarns
      1264 46 While the Netherlands' shiprepair industry is still in the doldrums, the fortunes of its shipbuilders are rising LILT HI ok: Seatrade Review THE DUTCH shiprepair and shipbuilding industries have different tales to tell. The repair side is still blighted by poor trading conditions and stiff
      Seatrade Review  -  1,264 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon US Air seeks waiver for bank-lending covenant violation
        267 48 Bloomberg Business News WASHINGTON USAir Group Inc said on Monday it asked its lenders to let it use a USS3OO million (***** million) line of credit even though the airline's net worth has sunk below an agreed-upon level. The violation also applies
        Bloomberg Business News  -  267 words
      • Article
        Two Philippine airlines set to start domestic services
        264 48  -  By Alec Almazan SINGAPORE Competition in the Philippine domestic air industry is likely to heat up as two new operators. Star Asia Airways Corporation and Silangan Airways, get ready to start up. The Civil Aeronautics Board, which regulates the industry. said yesterday
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        Lock icon US flights to Britain not affected by mortar attacks
        387 48 Reuter NEW YORK US airlines and travel agents reported few flight cancellations on Monday from passengers concerned about safety in London following the weekend's round of mortar attacks at Heathrow Airport. But some travellers called with questions about flight operations after
        Reuter  -  387 words
      • Article
        Lock icon US may let foreign car makers take part in govt research projects
        477 48 AP DETROIT The Clinton administration is considering allowing foreign automakers into research and other government projects now limited to the US Big Three automakers, says a presidential aide. "Where does the American self-interest lie in a lot of
        AP  -  477 words
      • Article
        INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
        1129 48 Page Col ABC' Containerline 12 5 Accord Group X 1-3 Africa C ontainer 16 4 Ahrcnkicl Liner 4 1/2 \OE Shpg 15 4/5 ANL 3 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 3 ASCL 5 5 Axant Shpg 6 4/5
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1376 48 citj n» eta rnw ere Afci Dhabi 0K510 1800 OK511 2305 Mdihte SQ227 2030 Amman RJ182 1440 RJ183 2205 Amsterdam SQ319 0810 SQ324 2230 KL831 1030 KL832 2335 GA895 1450 Auckland NZ21 1710 NZ22 1825 SQ288 2035 SQ285 2045 Bahrain GF149 0645 B Seri Begawan BI421
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          Lock icon US bans Aeroflot non-stop flights
          84 48 Reuter MOSCOW Russian carrier Aeroflot had stopped non-stop flights to the United States after US authorities banned its new Ilyushin 11-96-300 passenger jets, a senior Aeroflot official said. He said the new long-range airliners had been barred from US airspace from Mar 1 because they
          Reuter  -  84 words
        • Article
          Lock icon Suzuki to retain Spanish unit
          102 48 Bloomberg Business News MADRID Suzuki Motor Corp had agreed to remain as a majority partner in its troubled Spanish unit. Santana Motors, Industry Ministry Juan Manuel Eguiagaray said. "Suzuki, which had been seeking a partner (in Santana) has at this time agreed to remain as
          Bloomberg Business News  -  102 words
        • Article
          Lock icon Bombardier selects Dowty Aerospace
          73 48 Bloomberg Business News MONTREAL Bombardier Ine said Dowty Aerospace Landing Gear Canada would supply landing gear for Bombardier's Global Express business passenger jet aircraft. The value of the contract wasn't disclosed. Ontario-based Dowty, a unit of I I Group pic of the United Kingdom, is responsible
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Lockheed wins US$ 63m F-16 contract
          71 48 Bloomberg Business News WASHINGTON Lockheed Corp received a US$63.B million (SSIOO million) air force order for initial materials for 12 F-16 fighter jets, the Defence Department said. Production will take place at Lockheed's Fort Worth. Texas. F-16 plant and is to be completed by
          Bloomberg Business News  -  71 words
        • Article
          Lock icon Eva Airways to sell 400 m shares
          81 48 Bloomberg Business News TAIPEI Taiwan's Eva Airways, an affiliate of shipper Evergreen Marine Corp. had applied to the Securities and Exchange Commission to raise capital through a stock sale, the commission said. The airline currently has 1.4 billion shares, and has applied to
          Bloomberg Business News  -  81 words
  • Page 29 Advertisements
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      648 29 Draser. m SAFETY EQUIPMENT >. J (SOLAS APPROVED) PA9O MARINE Specifically Designed Bicathing Apparatus For Maritime Applications HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE fIILVI Draeger South East Asia Pte Ltd 67 Aycr Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fa*: 773 2033 Tlx: RS ***** DWSING 6TH SINGAPORE INTERNATIONAL
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      433 29 VISA FREIGHT SERVICES PTE LTD THE TOTAL TRANSFORTATIOfI PEOPLE O 1800 *****66 Dutch yards with different yarns, Page 18 Index to advertisers, •New Philippine domestic airlines, Back Page SHIP WITH US AND GO AWAY Keep shipping your export c*r«.. Hilton International Singapore on FREQUENT SHIPPERS' CLUB holidays at our expense.
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      448 30 TSKLINE AGENCIES (S) PTE. LTD. /mBM r If W YWTVI Tel: 226-3363 i I Jl\r Fax: 226-1972/3 \Jgjg\ r# T|x RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I EXPORTS T6 HOW6KOWG. MAMLA TAIWAN t lAPAH "TWICE WEEKLY" I I—— wi m mil mo m row m m
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      1660 30 I JMlff re «a»t MmniMMaii im cowta—k «piwc«i -Mtt 88-L-USKJ—Li B* rti M _M_ jfifiia cue w mluco wsai »oy So stok dwii war stmhi*| niimbmpl wftsw l kmt* uttmh* ma IST CWIfOHNM PI CASUS 70 1617 3 I 74 44 6 4 I 74 54 54 64 64 94
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      2382 31 mm OOCL (3) PTE LTD JAROINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SDN. BHD. TEL *****13 FAX: *****42 PETALING JAVA TEL 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD>/*****90 (OUTWARD) PENANG TEL: *****4 FAX *****1 CFS TEL *****6 JITBOOKINGS TEL: *****80 *****81/ *****82 Ip OH T EL *****3/4 FAX: *****6 CFS (PSA
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      Page 31 Advertisements Column 2
      2666 31 mamsmssm FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS MAERSK COLOMBO V.9404 ETA SIN 21ST MARCH 94 LAUST MAERSK V.9404 ETA SIN 21ST MARCH 94 venel Voy ETA ETD FeedefM Dy S Laurel Leerort ETA ETA ETA DESTINATIONS This wee* MARiT MAERSK V 9404 a—^ CV 22/03 0800 HAS CfS ~21 03 2359 HRS
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      1601 32 AQABA R DAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEPPAH (VIA JED) S TON H BURG A WERP HAVRE MALAYSIA *'«'SHIMA 03/110 16/3 2/4 5/4 3/4 Por Ketang Pen f f>q LUDWIQSHAFEN EXP 12/310 19/3 28/3 4/4 6/4 9/4 11/4 13/4 Pasw Gudang FRANKFURT EXPRESS 72/111 23/3 9/4
      1,601 words
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      618 32 FCL 4 Breakbulk Service to AFGHANISTAN M4M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKB Ned Asia V 2064 22/3 25/4 Ned
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      Page 32 Advertisements Column 3
      1098 32 NORASIA WEEKLY SERVICE WITH FIXED DAY SAILING IQ LA SPEZIA,FFO r BARCELONA, VALENCIA FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH S PORE GENERAL ABENT NORASIA AGENCIES (S) PTE LTD um ACCEPTMG LCL TO: «n ,^,Sivl 73M83 FAX: *****90 VEPWCE/TRIESTE/ANCONA/ALEXAHWIA/PORT ThXJSd'SSPS. agenc.es CO LTD TEL.- *****8./* SAD/PRIBB/*AtETTA/IRBCaOR»
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      1877 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 020S Tel: *****88 Fax: *****17 new guinea pacific line a" (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAILS Lall 171g 19 Mar 20 Mar FCL, LCL CONTAINER ANOMC AM MILK SERVICE TO PAPUA NEW GUINEA STRAITS
      1,877 words
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      Page 33 Advertisements Column 2
      1841 33 SINGAPORE AGENT: |yiAf*r P&O Containers (Singapore Agencies) Pte Ltd X M 1 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 y V CR Number **********0Z FIRST CARRIER TO OFFER SERVICE TO: INLAND IRAN TEHRAN ISFAHAN TABRIZ GHAZVIN SHIRAZ
      1,841 words
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      630 34 iPk EKA JAYA AGENCIES >3l|r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE THAPt PAQEB IHAHPPHONC/PIFECT WILLIAM WEE 21M528 722C2M/*****32 MAMQJ HO CHI MINH CITY HENRY HOE *****24 *****26/*****64 KELVIN CHAN jlWtt *****22/*****83 TO MYANMAR/YANGON SEMI CONTAINER SERVICE IgjjjggZ M OCEANLINES VSI HOT SPOtt I YANGON STOKt IBN
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      Page 34 Advertisements Column 2
      2061 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FOR VSL SM IIME HAUL SEA YVR POX fDR VSI SM ILINE HAUL SAV HM NYC HANJIN OAKLANO 025E 18 3 DIRECT 7,4 8 4 9 4 HANJIN OAKLAM) 025E 18 3 H KOBE 049E 21
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      Page 34 Advertisements Column 3
      1677 34 ziU d I rl 1 d d I P«l SGP OSC WG KIC PUS «T OSR NGV SIU IfO I*l CHS B»l NYC IHV MM DM WWr»CM PM SGP I GROWTH M 044 IS In Pt ?1 3 23 3 25 3 21 3 B J 30 3 11 1
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      2678 35 II T——U PLEASE CALL HI II II NEPTUNELINK (1800 *****00 TOLL-FREE) H II SStS II FOR THE FOLLOWING INFORMATION: HI II |l VESSELS ETA/ETD/EXCHANGE rates/shipping services/ HI ■I H FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ AVAILABILITY OF DOCUMENTS FOR COLLECTION WH EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US
      2,678 words
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      Page 35 Advertisements Column 2
      1035 35 A I MULTILINE SHIPPING PTE LTD (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 ZZ=Z\ BOOKINGS: *****64, *****51, *****31, *****13 > BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 ,4k BIASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
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      1043 36 44 AS AGENTS 'UK (SM6APORI) FTUTD (CR No: **********0 M) TEL: *****77 TELEX KAWAKI R*****5 FAX *****16/7/8/9 I W T MALAYSIA K" LINE MARITIME (MALAYSIA) SON RHO I U M ■■V TEL SA *****00 PK *****75 PEN *****0 JB 236'0 1 PG'J 5'8625'6 1 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL: JKT
      1,043 words
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      Page 36 Advertisements Column 2
      258 36 uonanemai rßdnc Shtpptng J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU STORE PK LOADING FOR SKIVER N SLD SLD SLO FLU/ROT/ANT/UK/ BELFAST SEA CONCERT SLD SLD IN PT FLU/ROT/ANT/UK WORLD AJAX 25/3 30/3 2/4 FLU/ROT/ANT/UK Loads Sabah/lndoneyj C R NO. **********0H CONTIPAC SHIPPING PTE LTD T*l: *****32 Fax: *****49 P.K. MULTIPORT
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      Page 36 Advertisements Column 3
      285 36 FOOWG SUN V SHIPPING (PTE) LTD. WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0511 BOOKING/ENQUIRIES CR NO: **********0W TEL: *****55 (u lines OUTBOUND) *****77 6 LMES INBOUND FAX: *****16 TELEX: RS *****/***** FSSHIP VESSEL VOY EJA ETC OESTMATION GULF SU.TAN 5/94 22/3 24/3 PIAJU/PALEMBANG SEAAMR 4/94 17/3 19/3 PONTIANAK/SMTETE A GEL
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      Page 36 Advertisements Column 4
      774 36 ©APPENSHIP /2\ lIAMBI'NG vTv/ CONVENTIONAL ft INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST WSSELS LOADING PORTS DISCHARGE LOADING FOR INZHENER PARKHONYUK KLP 09/02 TGN 21/02 TRT 02'03 SPORE 24/03. HUANGPU/XINGANG HONESTY S2E 16/02 HAM 22/02 SPORE 22/03. LAEM. BKK HARMEN OLOENDORFF HAM 18/02 SPORE 17/03. BKK.
      774 words
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      Page 36 Advertisements Column 5
      387 36 /Wn GOLDEN LINE A VcggNv GUAN guan shipping < pte > ltd V 23. TcM hyti Street SMGAPOffi 0104 TEL *****U (10 IMS) Fa: *****04 (CR Ho 101»iM000N) BTRAIT9/PERBIAH GULF lERVICE S port P Kelang Penang GatKN KM Kjrjch Out« 29 22 M* TRNX G*»a ***.h CH.bji 30 31 Ibr
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      Page 37 Advertisements Column 1
      1012 37 ®snif PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO 100e*****00£ VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN SERINE SI' 2 Zl ZZ Zl SSNGA S «RATAI »,l »/3 SINO MARINE 39N 19/3 22/3 26/3 EOUATOR RUBY 37N 23/3 26/3
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      Page 37 Advertisements Column 2
      1679 37 VISSEIS VOY SM HAMBURG ROIIERDAM ANTWERP I HAMS It HARVt VIUE D HYDRA 9232W 16 OJ 0104 10 04 11 04 12 04 13 04 VllE DC LYRA 7732W 24 03 15/04 17 04 11 04 11 04 20 04 VHIE DC VtGA 9932W 21 03 21,04 23,04 24 04
      1,679 words
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      Page 37 Advertisements Column 3
      490 37 I BSA ifcT mm MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P Gdj PAGAN V2O7W SID Sailed HP*.AH V2OOW 17/19 Mar PAGAN V2OBW 29 31 Mar MALAYSIA AGENTS BOUSTEAD SHIPPING AGENCCS KUI TEL 03-*****00 PKL TEI 03 *****67 PEN TEI 04
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      Page 39 Advertisements Column 1
      85 39 MARITIME INSPECTION CORPORATION Naval Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 years experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company formation Statutory survey and issuing of mandatory Load Line, SOLAS, MARPOL Certificates on behalf of the Governments of several open
      85 words
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      1236 40 '{]}`/*,=_\%$$`<{$.`,/<{`/`-/)( /^NORBULI^ I norbulk cargo services ltd. 1 I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES MN.AGRO 5/4 10/4 ROT/ANT/UK I ADAMASTOS 10/4 5/4 FLU/ANT/UK I ISP PK LOADMG FOR I NORBULK TBN 5/4 DBN/CT/EL I ALSO LOADS TG MANI AND KK I PK SWK/SABAH LOADING FOR NORBULK NAMIR
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      178 40 TO AUSTRALIA/NEW ZEALAND Sfi fran M> Sfd Aucfc f Chjfen ANIMRPIN 374 M 10~4 M/ 4 23,4 1/4* (LLfN HUDIG J?t I«/ 4 2J/« 1/4 ■MSSCI 327 11/4 17/4 20/4 MAR IHA I 3?« FTTi l/t </t 12/* IV MA AUCMIAND TO USA/CANADA isl S«i Gtrftpoft Charteiton PMkWm HiMai MIIMItrtN
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      706 41 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 20/3 ROTTERDAM 20/3 AARHUS/COPENHAGEN 20/3 HAMBURG/BREMEN 20/3 MARSEILLE/FRANCE 20/3 FELIXSTOWE/UK 21/3 BARCELONA/SPAIN 17/3 LEHAVRE/FRANCE 21/3 GENOA/ITALY 21/3 ANTWERP/BELGIUM 20/3 LOS ANGELES/WC/IPI 20/3 SYDNEY/MELBOURNE 18/3 NEW YORK/EC 20/3 FREMANTLE/ADELAIDE 18/3 VANCOUVER 18/3
      706 words
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      1011 41 Hutu Miini iiiiifiiUiaai m -I 1 nHHHr 1 vt,itl -?P J V >| I VESSEL VOY ~~1 SIN KEN I^H I rSa »*UM ——H OCJA MUM I 4S4S Fri 11/3 Sal rt/3 B 1* t" I OS THANA BHUM 55 S" m S-, M MAN* BHUM 201N W«d In PI
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      267 41 Guaranteed Sailings to: f 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 S^^^IScMFIELDIWRWMSIIcit^S^T^T^I TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) I\JQ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia)
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      429 41 pi DONGNAMA LINE cowTA—ayro service strait»/»lw/inc/m»{ HESSEI SfG M M K BSH MC HONGKONG GUMY V4O3N 24/3 2S 3 21/3 8/4 10/4 HKUM V4O3N 30/3 1 4 3/4 4/4 14/4 U/4 TU.SDAS V4O4N 7/4 9/4 10/4 21/4 23/4 SMOMC ntMKR V4O3N 13/4 15/4 17/4 11/4 20/4 30/4 HOUMO THE ASIA
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      2078 42 ■L4BMN CONTAINER LINES, INC l-K=/YV* A enU: MAC-NEI.B SPORE: *****22 (24 LINES) V-J v 'c/R No: **********0E SIBU (084) *****9 KUCHING (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK
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      939 42 THONG SOON UNES PTE LTD 1 I /V/\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I I \y \y TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY SPORE PEST VESSEL VOY SPORE PEST EQUATOR 111 117/4E 17 MAR
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      149 42 M WINSTAR SHIPPING PTE LTD OFFICE: SI NEE ROM) #0212 SMOOTH 0201 WAREHOUSE WRONG PORT (MARINE BASE) 45 SNPTMO RD WAREHOUSE NO. 9 DOOR 2 SINGAPORE 22(2 TEL: *****11 FAX: *****13 ALSO ACCEPTING PROJECT CARGO TO OTHER PORTS FOR BOOKINGS CALL: HAYAT. SITI. RONAIZA. ESTELLA TEL: *****09 FAX: *****38 CI
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      631 43 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BBEMBUK SOC CARGOES 10 FROM KOK. YOKOHAMA. NAGOYA. MOM TOKYO'. MAN*A DAVAO Peraflj' P Kelang Smfapore E'Msia* IVVEVERETT VBE 04/05 Ape 06 07 Apr KARABIEVERETT VI6E 06/07 Apr KAMAIEVERETT V2OE 21/22 Apr 23/24 Apr ACCEPTING BftEAKBUK fCL SOC CARGOES TO FROM CHITTAGONG.
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      224 43 lit GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG *AT ATTRACTIVE RATES 0 CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VII 24/3 1/4 7/4 16/4 GLORY SELATAN V 12/3 15/3 SP PKL HCM HK KAO GLORY SELATAN IX 21/3 27/3 1/4
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      566 43 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE vtssa MM wo7 M sw "Karachi SARGOOHA 141 HW 03 04 1? 04 KAPIAI 06 04 16,04 ISLAMABAD 121 HW 02 05 11,05 MAKRAN 147 HW 11,05 20/05 FAR EAST CONTAINER SERVICE ONLY VtSStl VOY SIN HWG OSA "naT" TotT^
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      728 43 IIUIHSUIIIJMkJJiJ FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS SHUN HE ,'IOI 11/03 25/03 26 04 28/03 OS 04 TAO HE 82 26 03 IO 04 I I 04 13 04 20 04 JIAN HE 82 11/04 2S/04 26/04 28/04 05/0S HOI
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      361 43 SIN FAR EAST 22 03 KEELUNG/KAOHSIUNG 19 03 BANGKOK 20 03 MANILA CEBU 20 03 JAKARTA BELAWAN/SURABAYA 20/03 PORT KELANG/PENANG/E. MALAYSIA 20 03 BUSAN 20/03 TOKYO YOKO KOBE NGO/OSA 20/03 HONG KONG SfN CHINA 20/03 GUANGZHOU,'HUANGPU SHENZHEN FUZHOU;XIAMEN SHANTOU SHEKOU DALIAN SHANGHAI XINGANG TIANJIN QINGDAO HAIKOU also accepting LCL cargo
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      850 44 Handling System Co. Pte. Ltd. 138 A 138, Neil Road, #03-00, Singapore 0208 1 *\77 —4 CFS-20, Gul Road, Singapore 2262 Tel: 02-*****28 fg Handling System Co. Sdn. Bhd. N0.9 Lorong Cungah. ***** Port klang, Selangor, Mala\sia 24th Floor, L'MBC Main Building. ***** kuala Lumpur. Malaysia Handling System (Hk) Co.
      850 words
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      424 44 y Conlerm W CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 06 APRIL (Accepting to N*w Zealand porta) PENANG 18 MAR JAKARTA 20 MAR PORT KLANG 24 MAR BANGKOK 20 MAR HONGKONG 20 MAR MELBOURNE 24 MAR SYDNEY 24 MAR FREMANTLE 10 MAR BRISBANE 22 MAR 'ACCEPTING TO ALL SCANDINAVIA PORTS CHITTAGONG
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      Page 44 Advertisements Column 3
      527 44 This Week's Sailings Singapore T FTfi II T ttt: firsi forwarder in lo: tID lo: EID ASIA AWARDED Singapore Singapore iso 9002 by i.rqa EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY Manila SUN Ho Chi Minh FRI (sflJjSil EVERY EVERY Colombo TUE Limassol THUR L_g_)| A INTERNATIONAL SEA FREIGHT
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      Page 45 Advertisements Column 1
      1661 45 j CRYSTAL FREIGHT SERVICES PTE LTD TEL N0: *****88/*****88 ASIAN POUTS MEW ZEALAHO/AUSTIALtA EUROPE ranrkdk ift/3 AUCKLAND 6/4 ANTWERP 21/3 RIJ9AN 91/3 ADELAIDE 31/3 FELIXSTOWE 23/3 HONG KOISJG 19/3 BRISBANE 24/3 HAMBURG 20/3 lAKARTA V>rK FREMANTLE 18/3 ROTTERDAM 20/3 SURABAYA 22/3 MELBOURNE 18/3 KEELUNG 1!1 SYDNEY 18/3 KAOHSIUNG 18/3 nT
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      Page 45 Advertisements Column 2
      217 45 OSs CEYLON SHIPPING CORPN naSH National line of Sri Lanka CONTAINERISED SERVICE TO I k AND NORTH CONTINENTAL PORTS WSStI 10) CD Hi W Hill IHAMS LHV HUi IK AQUM 7532W MO3 13 03 01 IX 03 94 04 04 (ft 04 (X 04 nanism swca wn 3 n 03
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      Page 45 Advertisements Column 3
      263 45 LINE SEMI-CONTAINERISED SERVICE EASTBOIJND SCHEDULE N0.27 PORTS VOY MONTEVOEO BUENOS DURBAN JAKARTA SMCAMfIcI HONG KONG KAGOSHIMA YOKOHAMA I VESSELS AWES'" OEKABRtST EBQ7 SAILED SAILED 09/03 22-23/03 01/04 07 11/04 12/04 N. KRUPSKAYA EBOB SAILED 26/02 08/03 21/03 02 05/04 07 11/04 16/04 20 21/04 23/04 PRtMORSK EBQ9 15/03 16-21/03 03/04
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      482 46 NORTH PHMJPMNES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA PENANG iAYA 9402N 20/03 (SUN) 26/03 (SAT) WGOUR PACffIC 9413N 25/03 (FRI) 02/04 (SAT) LOAWNG EVERY VIGOUR PACFIC 9413 AW 28/03 (MOW) 02/04 (SAT) FRDAY MONOAY SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SHGAPORE I GENERAL SANTOS I DAVAO CEBU VIGOUR
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      Page 46 Advertisements Column 2
      420 46 (\;.}{{??%~?%&!~>({}.]-{}}|/};$ PT BAHARI HALUAN SAMUDERA Weekly COMMON FEEDER SERVICE VESSEL VOY SINGAPORE PORT KELANG BELAWAN TAMBANG VII 1016 21 22 03 23 24 03 25 26 03 TAMBANG VIII 1017 28 29 03 30 31 03 0102 04 MDONISIAN WAVPORT 1) lAKARTA-BCLAWAN-lAKARIA 2) JAK ART A-P ANIANG- lAK ART A
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      Page 46 Advertisements Column 3
      20 46 j^«^ STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. BoanessDmg§
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  • Page 46 Miscellaneous
    • Miscellaneous
      Page 46 Miscellaneous Column 1
      677 46 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 26 21 28 2.5 20 1.4 09 06 0.4 06 1.0 16 2.2 2.5 2.6 2.5 2.1 1.5 1.0
      677 words
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      Page 47 Advertisements Column 1
      957 47 I 1 MERCHANT MARINE CO. LTD. 7 WESTBOUND TO EUROPE BKG: *****61 PWA* PKE* PGP* VESSELS VOY SIN RTM *NT* LEH* HAM BREt FEL 09/03 11/03 12/03 H. INNOVATOR 308W 21/03 08/04 09/04 11/04 09/04 09/04 12/04 16/03 18/03 19/03 H. EXPLORER 310W 28/03 15/03 16/04 18/04 16/04 16/04 19/04
      957 words
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      Page 47 Advertisements Column 2
      487 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssu HOT Sf M UK u SMI It COY I KM M 17 I COSHC 11*0(1 143 21/1 cosacnoKti us COSMC MALUKU 111 21 1 21/1 OUTBOUND VESSELS LOAPWC FOR SEN/NAG SEKI NAGOYA V9O SP SLD PK 17/3 LOADING
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      Page 47 Advertisements Column 3
      959 47 JEDDAH/UK/CONTNENT I STORE a S lON ITBUK I DAM LEH •Mm Acccpto* C*t° fm KROHMA 01/110 16/1 2/4 5/4 7/4 South*»tor to <1 UK deitiutw.MM and Out* lUDMGSHAIN EffRISS 12/110 19/1 211 6/4 9/4 11/4 11/4 Rotlcribm to H Antwerp. Amtndan. (Mo Hcfanki fIAMURI E«mSS 72/111 21/1 9/4 12/4 14/4
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