The Business Times, 18 March 1994

Microfilm: NL19090
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times MITA(P) 010/12/93 Friday March 18 1994 WE KNOW ASIA 75«
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 2.64 points
      45 1 Reuter NEW YORK US stocks were mixed yesterday as concern about today's expiration of options and futures offset rising optimism that inflation remained in check. At Ipm EST, the Dow Jones Industrial Average stood at 3,845.56 down 2.64 points. Reuter
      Reuter  -  45 words
    • Article
      Lock icon Violence caps French protest
      56 1 Reuter PARIS Demonstrators clashed with police in Paris yesterday after French trade unions and students, staging their first joint protest since May 1968, locked arms to demand the repeal of a law which permits employers to pay young workers less than the minimum wage. Police said
      Reuter  -  56 words
  • Article
    MARKET SUMMARY
    163 1 Stock market indices Thursday Change STII 2,153.65 -32.16 KLSEComp 1.027.20 -19.28 Nikkei 20,592.16 -85.61 Hang Seng 9.513.13 -207.48 SET Index 1,266.64 -26.43 Jakarta Comp 509.848 -4.461 CLSA China B ....1,125.62 -19.05 Aust All Ord 2,164.4 -9.1 FTSE 100 3,255.7 +12.8 Thursday Previous lpm close Dow Jones 3,845.56 3,848.15
    163 words
  • Article
    US$ lb plan pays off for San Miguel
    55 1 Military coups, earthquakes, typhoons, major volcanic eruptions severe power outages the obstacles were too many, they said. But Philippine conglomerate San Miguel Corporation pressed on with its US$l billion investment programme. Six years later, the critics have been silenced. Tomorrow, in BT's
    55 words
  • Article
    Old hands mark down prices at Kew Drive land tender
    533 1  -  By Lilian Ang AJ Leow SINGAPORE Seasoned property developers have pared down by an average of about 6 per cent benchmark prices set last week at the Urban Redevelopment Authority's (URA) maiden auction for residential land The results released yesterday
    533 words
  • Article
    NOL to list two units this year
    274 1  -  By Rahita Elias SINGAPORE Neptune Orient Lines, which yesterday announced an impressive set of 1993 results, will list two of its subsidiaries this year one in Singapore and the other in the US. For the year to Dec 31, 1993, NOL's group earnings
    274 words
  • Article
    Lock icon Bundesbank disappoints market by keeping rates unchanged
    322 1 Reuter FRANKFURT The Bundesbank yesterday defied market expectations of a symbolic cut in a key interest rate but economists were optimistic that there would be a clear easing in German monetary policy next month. Markets had been tipping a reduction in the German
    Reuter  -  322 words
  • Article
    Owners wind up industry pioneer Singapore Biotech
    486 1  -  New company formed to take over its business By Genevieve Cua SINGAPORE A pioneer in the homegrown biotechnology industry, Singapore Biotech, is being wound up. Its shareholders govern-ment-linked companies led by Temasek Holdings, and one US-based corporation voted unanimously earlier this month to
    486 words
  • Article
    Extra 4,053 COEs up for grabs over next 12 months
    669 1  -  By Dexter Lee SINGAPORE Car buyers have much to smile about this year. Not only will there be extra certificates of entitlement (COE) from the conversion of unused motorcycle COEs, there will also be more COEs because the whole-day area
    669 words
  • Article
    Regional stocks slide further
    142 1 SINGAPORE US interest rate fears continued to haunt major regional stock markets yesterday, except for the Philippines. In Singapore, the Straits Times Industrials Index fell 32.16 points or 1.47 per cent to close at 2,153.65. Brokers said foreign funds were not active, except as sellers, as
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      171 1 Jj^^J^^^sFavourit^ChildreiV^Vean /Ml GUMKOUM BXMSN •OUTMUES: •81 11 V*ta»aAma Tat 7)7 0174 •01 •1§ fanm Th® Shoppng Mai Tat 712»i»7 *0S 121 Marti a Square Tat JN 742* •DJ KRAICt, Tat IUH«S aoi 14CaaikaQuay Foundryßkx* TatUtlM* So" Salt OMteaw. J% Qm Entwpnaaa (PW) LW Tat 254 4UO CONTENTS S pore News
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      7 1 Advertising: Pg 10 Smoke-free flights find niche
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      23 1 Hock Lock Siew: pg 15 rs\ CPF money for TIH is h^tise? List of the top tenderers. Page 2 NOL results. Page IS
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      91 1 The Bottom Line: Pg 14 OtZyD needs new world view •£ss The Originator of Cultured Pearls Sincr IB<H Full reports. Pages 22-26 A L F R E D D U N H I L L rtfnariP^ wdnw"VQ^BftiliQ^o THE LONDINIUM. y)tm/u'// x ffiortq neat xfee/ asi</ /<Vc/ qt>/i/ uta/cA i/t ii/eu/frtr
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Strong first-quarter growth expected
        330 2  -  By Anna Teo GDP growth during the first quarter, if not the first six months, should remain strong if manufacturers' business expectations are any indication. Survey data on new orders received, stocks of finished goods, average selling prices and deliveries overseas are reckoned to be leading
        Source: EDB/Dept of Statistics  -  330 words
    • Article
      Kew Drive Phase 3: Paying top dollars
      557 2 Yesterday in Parliament IBgMHUmi Typtfand Stoma Meo# Ran* pared (tqm) into %oml bids ofUda (8$m) Ipaf (Spam) Orchard Parade bungalow 1 697.2 1 2.27 3,261/303 ~2 2,906(B26) 3,261 Orchard Parade bungalow 505.6 1 j 1.81 3,584/333 2 3,552(B27) I 3,584 Orchard Parade bungalow
      557 words
    • Article, Illustration
      CPF members can top up spouse's minimum sum with cash
      387 2  -  Reports by Chuang Peck Ming AN EMPLOYEE can use cash to top up a spouse's CPF minimum sum but it is unsure if the cash top-up will escape income tax. "If Mr Chng's suggestion is to allow spouses to use
      387 words
    • Article
      Number of workplace deaths on the rise
      224 2 THE number of fatal accidents in the workplace has risen, although the overall number of industrial accidents has fallen. Fatal accidents, especially in shipyards and construction sites, jumped from 55 in 1992 to 66 last year. Labour Minister Lee Boon Yang said. "This
      224 words
    • Article, Illustration
      Whirlpool gets OHQ status
      402 2  -  By Ven Sreenivasan THE regional office of US appliance maker Whirlpool Corp was awarded Operational Headquarters (OHQ) status by the Economic Development Board yesterday. This means the local unit. Whirlpool South-east Asia, can apply for a concessionary tax rate of 10 per cent on earnings derived
      402 words
    • Article
      TAS labels a must for approved local-use telecoms products
      191 2 FROM April 1. retailers of telecommunications equipment will have to clearly differentiate between products approved for local use and those intended for use outside Singapore. The Telecommunication Authority of Singapore said yesterday equipment approved for local use would have to carry
      191 words
    • IN BRIEF
      • Article
        Staff training: Get priorities right
        103 2 UNIONS should get employers to make "qualitative commitment" to training in wage pacts before tying them down to target numbers. Minister of State (Labour) Goh Chee Wee said. Unions should take a long-term view, he said, adding that "the training clause could commit employers and
        103 words
      • Article
        CPF not meant to fund training
        129 2 THE government does not favour shifting part of the CPF contribution to be restored by employers to training, as Nominated MP Robert Chua has suggested. The 1.5 percentage point, to be restored in July, is meant to return CPF contribution to its long-term rate
        129 words
      • Article
        Plan to help firms undergoing revamps
        78 2 A TRIPARTITE committee of government, labour and employer representatives is working out changes in the Employment Act to give employers flexibility in transferring workers to a new company after restructuring. The changes would also safeguard the interests of affected workers, said Minister of State
        78 words
      • Article
        New safety laws soon for shipyards
        90 2 NEW safety laws for shipyards will be ready soon. Minister of State (Labour) Goh Chee Wee said. Apart from incorporating the proposals of the Stolt Spur and Indiana committees in inquiry, they will also cover other hazards like those arising from the use of
        90 words
      • Article
        41 firms use new labour scheme
        129 2 FROM March 1993 to January this year. 41 companies have brought in a total of 1.165 foreign workers under the regionalisation training scheme. Labour Minister Lee Boon Yang said. A total of $714,950 have been granted to 26 companies to offset the foreign worker
        129 words
    • Article
      First directory of ISO 9000 Asia-Pac companies
      254 2 A SINGAPORE firm has produced the first director) of ISO WOO certified companies in the Asia-Pacific region. The ISO WOO Asia Pacific Directory, published by Corporate Communications Consultants. identifies about 4.000 regional companies that have obtained the widely recognised quality certification. CCC has
      254 words
    • Article
      Accused took better care of data than others: defence
      436 2  -  The OSA trial By Ramesh Divyanathan A SUBORDINATE court heard yesterday that an accused in the Official Secrets Act case exercised a higher standard of care over classified documents than other civil servants embroiled in the case who were not charged.
      436 words
    • Article
      CASE FILE
      145 2 On trial: Five men who face II charges oj breaching the Official Secrets Act. One is charged with endangering the secrecy of classified documents and the other four with communicating and/or receiving the government's 4.6 per cent flash estimate of second-quarter 1992 economic growth before it was officially
      145 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon National Front takes control of Sabah
      572 3  -  Pairin resigns, Sakaran Dandai sworn in as new Chief Minister From Leslie Lopez in KOTA KINABALU PRIME Minister Mahathir Mohamad's National Front wrested control of Sabah state yesterday following the resignation of Chief Minister Joseph Pairin Kitingan. Mr Kitingan's resignation, which ended the nine-year
      Reuter  -  572 words
    • Article
      Lock icon Hanoi preparing to seek Asean membership
      271 3 Reuter HANOI Vietnam yesterday said it may apply to join the Association of South-east Asian Nations (Asean) earlier than expected. "We cannot define the time-table for the application for Asean membership, but we have been actively preparing for that," Foreign Minister Nguyen Manh Cam
      Reuter  -  271 words
    • Article
      Lock icon Jakarta raising minimum wage in some provinces
      242 3 Reuter JAKARTA Indonesia, under foreign pressure over its labour conditions, said it would raise the minimum wage in 17 of 27 provinces, some by nearly 50 per cent. "From April 1 there will be an increase of the minimum wage in several provinces,"
      Reuter  -  242 words
    • ASIA NOTES
      • Article, Illustration
        Lock icon Manila urged to curb budget deficit
        92 3 AFP MANILA World Bank president Lewis Preston yesterday called for decisive Philippine government action to curb its budget deficit. He also expressed alarm over the deterioration of the country's quality of education. "It will be important for the government to take decisive action on
        AFP  -  92 words
      • Article
        Lock icon No links yet with Myanmar: Canberra
        80 3 AFP CANBERRA Australia had no intention of resuming defence cooperation with Myanmar until the military-ruled nation improved its human rights record. Australian Defence Minister Robert Ray said here yesterday. He said Australia's re-establish-ment of accreditation of a defence attache did not mean a change
        AFP  -  80 words
      • Article
        Lock icon Mahathir to visit Cambodia, Laos
        66 3 Bernama KUALA LUMPUR Prime Minister Mahathir Mohamad will visit Cambodia and Laos from April 14 to 18 to enhance bilateral relations and cooperation between Malaysia and the two countries, a government statement said yesterday. The main aim of the private sector representatives in the delegation
        Bernama  -  66 words
    • Article
      Lock icon Mahathir dashes hopes of early end to ban
      497 3 The KL-London row AFP Reuter LONDON Malaysian Prime Minister Mahathir Mohamad has written to the Financial imes newspaper, dashing hopes of an early end to the Malaysian ban on British trade imposed over his anger at press reports. In his most detailed
      AFP; Reuter  -  497 words
  • Page 3 Advertisements
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      370 3 O Adf WATmacnow clavpot and vegetable HP <? (V? IjK *BMHMdl%Mtaki •awMCtHM* ■K^ &»£?>: (H (fl MangaMnayto MoMNm WW'ifwTi W *ftM9MCNclMa*i Friad Sptacti nlti Saftad Rtfi PsgSj ESW& 1 T m.r TP vt n TH* *-k tB T CMMii WKsUftyCW FriadCabbage«*Gartc <if,i*f|i 1 N I H E LWV P OILUXURY,
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon China rejects reports of piracy
        129 4 Reuter HONGKONG China has denied reports that its official agencies carried out illegal attacks on ships in the South China Sea last year, a United Nations maritime safety official said yesterday. Reports of nearly 100 attacks on ships have been monitored by Hongkong's marine department
        Reuter  -  129 words
      • Article
        Lock icon Taiwanese spend US$ 7.6b abroad
        88 4 AFP TAIPEI Money spent by Taiwan tourists abroad soared to a record US$7.6 billion (SSI2 billion) last year, nearly equalling the country's annual trade surplus of US$7.B billion for the same period, the Central Bank said in a report here yesterday. The bank predicted the
        AFP  -  88 words
      • Article
        Lock icon China, Vietnam plan economic zone
        87 4 AFP HONGKONG China and Vietnam plan to set up a jointly administered economic zone along the coastal border of the Gulf of Tongkin to develop growing trade in the region. The Beijingrun Wert Wei Po daily yesterday said the special economic zone would cover the
        AFP  -  87 words
      • Article
        Lock icon Beijing to host securities fair
        92 4 Bloomberg Business News HONGKONG Beijing is expected to play host to China's first securities and futures fair late next month, the official Xinhua News Agency reported. The proposed fair is designed to spread knowledge about securities and futures and publicise achievements in developing a joint
        Bloomberg Business News  -  92 words
      • Article
        Lock icon Taipower to build thermal plant
        90 4 AFP TAIPEI The state-run Taiwan Power (Taipower) is to build a large thermal power plant in central Taiwan in a bid to resolve an electricity shortage problem expected in the next decade, officials said yesterday. The plant, which would be the second largest in the
        AFP  -  90 words
    • Article, Illustration
      Lock icon Improve food supply, Li tells mayors
      455 4 Reuter BLUING Chinese Premier Li Peng yesterday sought to assuage public anger over inflation by ordering China's mayors to do a better job supplying cheap food and warned reforms would fail without public support. The I'coplc's Daily and other newspapers printed a lengthy speech
      Reuter; File photo  -  455 words
    • Article
      Lock icon China allows Liu to quit Hongkong's post-1997 panel
      214 4 Reuter HONGKONG China will let a leading pro-Beijing figure quit a panel preparing Hongkong's post-1997 administration, the first defection from the territory's budding shadow government, a Beijing-con-trolled newspaper said yesterday. Lu Ping, director of China's Hongkong and Macau Affairs Office, said Liu
      Reuter  -  214 words
    • Article
      Lock icon Beijing to seek more foreign telecom investment at conference
      242 4 AFP BEIJING China will seek foreign investment at an international telecommunications conference next week to help achieve ambitious targets for the development of the sector, the China Daily said yesterday. China plans to invest 53.6 billion yuan (559.73 billion) in its
      AFP  -  242 words
    • Article
      Chinese state investment companies to be core of policy bank
      342 4  -  By Schutz Lee SINGAPORE The Chinese cabinet recently announced that six state investment holding companies will be restructured to form the core of the Long-lerm Development Bank one of three policy banks that will evolve under China's banking reform. The
      342 words
    • Article
      Lock icon China's central bank probes two-tier price system
      294 4 AP BEIJING A vice-governor of China s central bank yesterday indicated displeasure with recent price increases for foreigners and said the bank was investigating the matter. The emergence of a two-tier price system one price for Chinese, and a price at least 50
      AP  -  294 words
    • Article, Illustration
      Lock icon Corporate spying growing concern in HK
      505 4 Counter-espionage business booming in the meantime Bloomberg Business News HONGKONG Growing fears of corporate spying among companies here has created a profitable counterespionage business for security companies. Sophisticated bugging and viewing devices, many originally developed by state security services during the Cold War. are
      Bloomberg Business News; File photo  -  505 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      121 4 FOR SALE BY PRIVATE TREATY n^— n n~ n 160 Ann Street, Brisbane A Major Brisbane C.B.D. Building With The Fundamental Attributes For Investment in 1994 Security of cashflow 09% leased to A competitive yield Queensland Government and other Excellent "Bricks and Mortar" value blue chip tenants Good depreciation benefits
      121 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Japan's economic outlook still uncertain, says Hosokawa
      407 5 Reuter Bloomberg Business News TOKYO Japan's economic outlook remains uncertain but the government is making efforts to ensure that the bright spots in the economy are sustained, Prime Minister Morihiro Hosokawa said yesterday. Mr Hosokawa said he hopes that voluntary efforts on the
      Reuter; Bloomberg Business News  -  407 words
    • Article
      Lock icon Japanese prime minister to play fresh loans card during China visit
      572 5 Reuter TOKYO Japanese Prime Minister Morihiro Hosokawa flies to China tomorrow hoping to use Tokyo's economic clout to make progress where Washington has failed human rights and the North Korean nuclear standoff. During his three-day visit, Mr Hosokawa is
      Reuter  -  572 words
    • Article
      Lock icon Korea Telecom to sell 21pc stake in Mobile Telecom
      253 5 Reuter SEOUL State-owned Korea Telecom (KT) said it would sell a 21 per cent stake in profitable Korea Mobile Telecom Corp (KMTC) through an auction next week. "Buyers are required to tender their bids between March 21 and 22 and the
      Reuter  -  253 words
    • Article
      Lock icon Indian state sets pace for investment with budget concessions
      410 5 Reuter BOMBAY India's western state of Maharashtra, for decades the country's unchallenged industrial centre, is countering attractive concessions to industry by other states and setting the pace for new investment. Announcing the state's budget for the coming fiscal year starting in
      Reuter  -  410 words
    • Article
      Lock icon BOJ to maintain short-term rates at low levels
      272 5 Reuter TOKYO The Bank of Japan (BOJ) is expected to hold short-term interest rates at the current low levels without cutting its otTicial discount rate, financial market participants said. The economy should be able to recover from the prolonged recession without further
      Reuter  -  272 words
    • Article
      Lock icon Keating tells businesses to plough profits back into investment
      347 5 Reuter CANBERRA Prime Minister Paul Keating told Australian businesses yesterday to reinvest their record profits or face losing them to a round of wage rises. "What business have to do now is basically get off their tails and start investing," Mr
      Reuter  -  347 words
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      8 5 Japan's economic recovery will be modest, Pg 12
      8 words
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      549 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Chretien plans China trade tour
        79 6 AFP OTTAWA Canadian Prime Minister Jean Chretien plans to visit China this year to boost trade relations, his spokeswoman said on Wednesday. Canada has recently taken steps to improve ties with Beijing, including a meeting between Mr Chretien and Chinese President Jiang Zemin in January.
        AFP  -  79 words
      • Article, Illustration
        Lock icon War and peace
        34 6 Reuter OLOVO, Bosnia Bosnian Serb woman holding a rifle on Wednesday while tending a herd of sheep near the village of Olovo. 40km north of the Bosnian capital of Sarajevo. Reuter
        Reuter  -  34 words
      • Article
        Lock icon UN to maintain sanctions against Iraq
        119 6 Bloomberg Business News UNITED NATIONS The United Nations Security Council has decided to keep in force the UN sanctions against Iraq, which include an embargo against Iraqi oil exports. While consultations among the 15 members of the council are expected to continue, the only
        Bloomberg Business News  -  119 words
      • Article
        Lock icon US telecom Bills clear House hurdle
        97 6 Reuter WASHINGTON Two bills designed to pave the way for a new era of communications received committee approval in the House of Representatives. The bills, which now go to the full House, would allow regional Bell telephone companies and the cable industry to compete
        Reuter  -  97 words
    • Article
      Lock icon Brazil's new economic plan vital for standby loan, says Camdessus
      337 6 Reuter WASHINGTON International Monetary Fund chief Michel Camdessus said he sees Brazil's new economic plan as an "important step" towards a possible standby loan for the country. Mr Camdessus told reporters after talks with Brazil's Economy Minister Fernando Herique Cardoso
      Reuter  -  337 words
    • Article
      Lock icon Bonn summons Paris envoy amid Franco-German friction
      503 6 Reuter BONN The German Foreign Ministry said it called in France's ambassador yesterday in an unusual sign of strain on the European Union's main axis after the envoy voiced misgivings about Bonn's new assertiveness. A Foreign Ministry spokesman said the ambassador. Francois Scheer,
      Reuter  -  503 words
    • Article, Illustration
      Lock icon Russia set to join Nato programme this month
      483 6 AFP MOSCOW Defence Minister Pavel Grachev said yesterday that Russia would be ready to join by the end of the month the Nato "Partnership for Peace" programme, calling for military cooperation with the former Soviet bloc. "We will be ready to join
      AFP; Reuter  -  483 words
    • Article
      Lock icon Small UK firms won't make investments until recovery firms up
      357 6 Reuter BIRMINGHAM Small British companies are cautiously awaiting signs of a stronger economic recovery before committing fresh funds to investment. "Before we can make more major investments we need to see signs of a recovery (in our markets)... right now
      Reuter  -  357 words
    • Article
      Lock icon Tame US jobless claims hint of better labour conditions
      271 6 Reuter NEW YORK A pullback in the number of first-lime jobless filings suggest that US labour market conditions are improving. Economists yesterday said initial claims for the week ended March 12 fell to 342.000 from a revised 350.000 in the prior
      Reuter  -  271 words
    • Article
      Lock icon IMF chief begins Russia visit amid economic crisis
      581 6 FT MOSCOW These are hard times in Russia, and fears are growing that the country is becoming ungovernable, or governable only with an iron hand. Mr Michel Camdessus, managing director of the International Monetary Fund, arrives in Moscow today for a five-day
      FT  -  581 words
    • Article, Illustration
      Finance ministers9 meeting may show up Apec's uncertain role
      401 6  - Finance ministers 9 meeting may show up Apec's uncertain role Future development of organisation still unclear By Kevin Sullivan SINGAPORE Apec finance ministers meet in Hawaii today for a two-day round of talks which may highlight the organisation s uncertain role rather than its capacity to resolve outstanding regional trade
      401 words
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      Page 6 Advertisements Column 1
      110 6 Investment AUCKLAND, NEW ZEALAND 1 W\ 8 Morgan St, jgfflZ I Newmarket JBph m (Tower"B") dPSMBBiaMI JSsS QUALITY TENANTS (INCLUDING WESTPAC AND TEGEL FOODS) LONG TERM LEASE TOTAL ANNUAL RENTALS UP TO $NZ386,05() This near new building features attractive upmarket office space, ample parking, quick easy access to motorways and
      110 words
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  • SPORTS
    • Article, Illustration
      Lock icon American McCellan shoots six under to take one-stroke lead
      863 7 Golf Bernama KUALA LUMPUR American Craig McCellan, who skipped two tournaments before coming here, stole the limelight on the opening day of the M 5675,000 (*****,000) Benson Hedges Malaysian Open golf championship when he carded a six-under 66 to take a
      Bernama  -  863 words
    • Article, Illustration
      Lock icon Bruno comes back in fine style
      125 7 AFP BIRMINGHAM, England British heavyweight boxer Frank Bruno gave a boost to his comeback hopes as he needed just 142 seconds to knock out American Jesse Ferguson here on Wednesday night. It was Bruno's 36th win inside the distance, and the New Jersey fighter
      AFP  -  125 words
    • Article
      Lock icon Butler pays heavy price for beating Liu Jun
      515 7 All England championships AFP BIRMINGHAM, England Scottish Open champion Steve Butler collapsed with severe dehydration and heat exhaustion here on Wednesday night after ending China's interest in the All England men's singles championship. The battling Briton, who bows out of full-time badminton
      AFP  -  515 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        37 7 Reuter NEW YORK NBA Wednesday Boston 100 Chicago 101: Charlotte 92 Atlanta 79; Indiana 109 Phoenix 98: Orlando 100 Dallas 98: San Antonio 110 Portland 102: LA Lakers 129 Washington 94: Sacramento 132 New Jersey 111.
        Reuter  -  37 words
      • Article, Illustration
        Lock icon Hockey
        12 7 Reuter LAHORE, Pakistan Champions Trophy yesterday: Netherlands 4 Spain 4. Keuter
        Reuter  -  12 words
      • Article, Illustration
        Lock icon Ice hockey
        39 7 Reuter NEW YORK NHI. Wednesday: Florida 2 Calgary I: Montreal 5 Chicago 3; NY Rangers 4 Hartford 0; Tampa Bay 4 Edmonton 4 (OT); Toronto I Vancouver 4: Winnipeg 4 St Louis 0: Anaheim 5 LA 2.
        Reuter  -  39 words
      • Article, Illustration
        Lock icon Sumo Wrestling
        107 7 AP OSAKA, Japan American Akcbono and defending champion Takanohana suffered upsets yesterday. leaving American Musashimaru and Kotonishiki tied for the lead with 5-4) records in the Spring Grand Sumo Tournament. Sekiwtiki' (junior champion) Kotonishiki quickly pulled down yokiKtina (grand champion) Akebono. Akebono is now 4-1 in the 15-day
        AP  -  107 words
      • Article, Illustration
        Lock icon Tennis
        196 7 AP AFP AFP MIAMI Monica Seles, the tennis champion who has not played since being stabbed at a tournament last April, became a US citizen on Wednesday. Seles, born in Yugoslavia of Hungarian descent, has lived in the United States the last nine years. She earned her citizenship after
        AP; AFP  -  196 words
    • Article, Illustration
      Lock icon Harding pleads guilty to attack on Kerrigan, but escapes jail
      496 7 AP PORTLAND. Oregon Tonya Harding's competitive figure skating career ended on Wednesday night when she pleaded guilty to a conspiracy charge in the attack on Nancy Kerrigan and resigned from the US Figure Skating Association. As part of the plea
      AP  -  496 words
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      Page 7 Advertisements Column 1
      902 7 TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1298 IN THE MATTER OF THE COMPAMES ACT, CAP. SO AND IN THE MATTER OF SinQipofi Btotech Pis Ltd (In Mombeta' Voluntary UoiMn) NOTICE OF RESOLUTIONS Alan Extraordinary Gwnl Meeting of the members or the aoovonamao Company duly convened and hold at 12 Science Park
      902 words
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      Page 7 Advertisements Column 2
      32 7 We Are In l/ ArM I r <iff j[w i Be Sure To Get Your Copy Today! Available at these hotels: yU/7 Cho sun Ramada Renaissance Universal Agency Ltd. Tel: 734-7611 Fax:o2-*****05
      32 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      652 8 M Nothing Beats A Bud. [FV&^ OF 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, Tlramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK 033 *01
      652 words
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      Page 8 Advertisements Column 2
      206 8 WHERE TO WINE, DINE AND ENTERTAIN Livewire trom the Philippines plays popular hits from 9 00 p m Happy Hours 6 pm -9 pm (Mori Sat) One (or one on all standard drinks Cover charge on Friday. Saturday Eve of Public Holiday sjßM«y PLAZAHoteI f NEW I /r W TONES
      206 words
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      Page 8 Advertisements Column 3
      389 8 Savour South fAfruan duties at Chatterbox from 15 to 2b March during the South African food H'me 'Promotion. With chefs specially flown in from 'The Carlton, Johannesburg, you re in for a mouthwatering treat. 'Don t miss it! Coffee Shop ■Pate 15 2t. March 94 i», Moor Lunch Buffet \<x>n
      389 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Oscar fever hots up
      948 9 Bernard Weinraub reports on who's in and who's out as the NYT STOCKARD Channing is nervous about the 66th annual Academy Awards on Monday night. And who can blame her? "Wherever I go. the one question people ask me is. what am 1 going to wear?"
      NYT  -  948 words
    • Article
      Lock icon Kuralt hitting the road
      364 9 CHATTERBOX UPI UPI UPI CHARLKS KURALT, veteran anchor of CBS's Sunday Morning and beloved for his sentimental. poetic On The Read pieces for other CBS shows, is retiring at 59 to tra\el and write. His first post-retirement hook will be about his dozen favourite places in
      UPI  -  364 words
    • Article, Illustration
      Lock icon Putting on an act for the Academy
      54 9 Reuter I .OS ANGKI.KS Leslie Nielsen. |x»rlra\inu "I-rank Drebin" in his new film. !Saked Gun 3':, in a scene taking plaee at the Academ) Awards. Actress I'ia /adora is on Nielson's shoulders. Ihe film, a spool on the Academ) Awards, opens toda> in
      Reuter  -  54 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      175 9 Local High Tea a twist to an aristocratic tradition. A hearty spread of local favourites like, mee siam, soon kueh, chui kueh, nonya kueh kuehs, putu mayam, soya beancurd and more. Saturday and Sunday only 3.00pm to 6.00pm Price: 5515.00 adult) SsB.oo child below 12 years (^Uk 24 Mount Elizabeth,
      175 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1335 9 TV RADIO What Every Baby Knows, Bpm, Being y m Hour ing. This episode to Peter O'Toole, 9pm. SBC 12 0 Wk. *jk Mel\\n H 'j® about younger days. and A \V ->j*' M the two figures who dominated his childhood his father and J u^i ry. In the 50"s.
      1,335 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Smoke-free flights find niche
      585 10  -  More airlines are responding to market demand, reports Lewis Mitchell Lewis Mitchell More and more airlines are jumping onto the environmental bandwagon to market their services. Health conscious passengers are demanding and getting more non-smoking flights. This demand coupled with positive feedback from passengers has led
      585 words
    • Article, Illustration
      Lock icon Virgin's campaign to woo passengers is a scream
      703 10 Unlike other airlines which soft-sell, this one directly hits its rivals with brazen advertising messages NYT MOSI airline advertising trumpets prices, destinations, or amenities. And that is unfortunate, because it often lends an unreal feci to the world of airlines, a world
      NYT  -  703 words
    • Article, Illustration
      Giordano team enters the World of Sports
      822 11  -  Teh Hooi Ling on a possible Giordano-style management heading the sports chain Teh Hooi Ling Local sports goods chain World of Sports (WOS) is poised to do a Giordano growing explosively as the clothing chain did in the last couple of years. And
      822 words
    • Article, Illustration
      Lock icon Vast potential for marketing wine in Asia
      362 11 AFP ASIANS may have a way to go before rivalling European and American wine-drinking habits, but a recent spurt in sales in Asia and the region's long-term potential has vintners dancing in the vineyards. "It's hard to over-estimate the potential of this market."
      AFP  -  362 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      233 10 18 Reciprocal Ckibi A nH S A F R A N E < A FULL OPTION EXECUTIVE CAR It jTfie *Best Executive Car Aerodynamic styling 4 disc Bosch ABS brakes 4 speed automatic transmission Cruise control HSpeed sensitive power-assisted steering Q Dual temperature control Q Rear air-conditioning louvres Wj|p* Built-in
      233 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      147 11 This advertisement is for information purposes only and does not constitute an tnntatum or offer to acquire, purchase or subscribe for debt securities. 18 MarcK, 1994 Nacional Financiera, S.N.C. (A National Credit Institution and Development Bank of the United Mexican States) acting through its Grand Cayman Branch U.S. $250,000,000 Floating
      147 words
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      Page 11 Advertisements Column 2
      361 11 "THE PINNACLE TO QUALIFICATION IN MARKETING" IMVERSTTY Of HULL The specialist course for executives iti marketing management by The University of Hull in association with the Chartered Institute of Marketing, UK. EIGHTH INTAKE IN SINGAPORE Only programme endorsed by CIM UK Established Internationally as a part-time distance learning programme of
      361 words
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  • Article
    America's China follies
    493 12 EDITORIAL AS the US approaches a crucial decision on China and the unilateral withdrawal of Most Favoured Nation status by midyear, it is clear the Americans have stumbled into a major policy blunder. The decision by President Clinton to tie renewal of China's MFN trading status and
    493 words
  • WHAT THE OTHERS SAY
    • Article
      The minimum for security
      302 12 GOING beyond the matter of gradually raising the individual's minimum CPF balance to $80,000 by the year 2003, at issue is also how Singapore should come to grips with a fundamental demographic trend: its ageing population. It is a trend which, if not addressed in good
      302 words
    • Article
      Bold moves for jobs
      160 12 FOR ALMOST one billion people around the world, getting stable and well-paid jobs is a very hard thing to do. The worst areas of unemployment could be easily expected: the Third World countries, in particular the African continent, followed by the ex-communist countries. G-7 leaders, who
      160 words
    • Article
      Welfare and unemployment
      120 12 AFTER a two-day meeting, G-7 ministers gathered in Detroit agreed that unemployment has become a major obstacle to economic and social development. They also agreed that unemployment would continue to be a problem unless fundamental economic and social reform measures are taken. Many European and American politicians
      120 words
    • Article
      The mistrust lingers
      145 12 THE Senate's unusual "show of force" on Monday at the Parliament to convey to the government its disagreement with some proposed constitutional amendments represented the point of view of those often criticised for being out of touch with present-day political realities and for solely reflecting the interests
      145 words
    • Article
      Speed up budget procedures
      132 12 THE NEW government regulations on state budget implementation to be issued shortly are expected to expedite the procedures for budget disbursement without affecting the quality of financial control. Experience with the current rulings on budget implementation clearly shows that complex procedures often hinder project implementation but
      132 words
    • Article
      Christopher's cosmetic cover
      136 12 LISTENING to the separate press conferences given by Beijing and Washington's top foreign envoy after three days of often bitter discussion on human rights, it is hard to believe they were answering questions about the same talks. US Secretary of State Warren Christopher hinted that the ''significant
      136 words
  • Article, Illustration
    Japan's economic recovery will be modest
    944 12  -  Visiting Singapore this week, Susumu Taketomi, chief economist of the Industrial Bank of Japan, talked to Regional Economics Editor VIKRAM KHANNA about the Japanese economy's problems and prospects Interview with the Industrial Bank of Japan's chief economist VIKRAM KHANNA ON WHY Japan's recession has
    944 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      400 12 It's great to hear news from home when you're abroad The smits Times Subscribe now and get a w ly E u j on j s trendy Benetton back-pack free! JRF" weekly tabloid which r 1 contains a summary of Subscribe before March 31, 1994 and get a Benetton back-
      400 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      69 12 I U)P*NT To KNOU) POL YOWR 3TR&NG>THS »c liiG p\RG-"i<D WORK ToGeTHeX—\ RnD we*KNESSeS P>MD JUDGING, By PWDFf\T€. »N TVI& FiRST IPOPRCSSiONS HAVE. MANV, \N P\OTMOR.»TV. UfVS UE OP -04E. LATTER must, rousr get to knouj J 1 1/ QMg- Mr* r U v +>■** DOONESBURY GARRY TRUDEAU KING, THEMORLP
      69 words
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  • ANALYSIS
    • Article, Illustration
      Asia's hard drive for an even bigger role
      1416 13  -  Disk drive activity in the region is increasing hut so are various concerns such as costs, management, quality and overcapacity. Industry gums gathered here recently to debate the issues. Claire Leow found out what's exercising them Claire Leow LOWER manufacturing costs and
      1,416 words
    • Article, Illustration
      Welcoming the world
      1033 13  -  Sohn Jie Ae examines the moves that South Korea is making to attract foreign capital to shake it out of its technology deadlock Sohn Jie Ae The writer, a Korean journalist, contributed this article to HI A GREAT change is sweeping across the economic landscape of South
      1,033 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      62 13 Asia's corporate giants 1 mm Everyone said it wouldn't work Military coups, earthquakes, typhoons, major volcanic eruptions, severe power outages the obstacles were too many, they said. But San Miguel Corporation pressed on with its US$ 1 billion investment programme. Six years later, the critics have been silenced. Tomorrow, in
      62 words
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  • Article
    Thailand to offer incentives in five SEZs along borders
    486 14  -  From Alan Boyd in BANGKOK CHEAP land and tax incentives will be offered to foreign investors willing to open factories in five special economic zones planned for Thailand's border areas. The SEZs. which are expected to supply the Indochina markets mainly,
    486 words
  • Article
    Lock icon Beijing rejects HK's airport financing proposal
    250 14 AFP HONGKONG China yesterday slapped down Hongkong's latest proposal for financing its mammoth new airport, saying the amount of debt envisioned is still too high. But Lu Fing. director of the Hongkong and Macau Affairs Office, added that Sino-British talks on the vexed issue
    AFP  -  250 words
  • Article
    Lock icon Motoring group plans A$ 2b float on Aussie exchange
    304 14 Reuter SYDNEY Australia's National Roads and Motorists Association. the nation's largest motoring and insurance group, yesterday proposed a As 2 billion (552.26 billion) public float, the second biggest in Australian history. The NRMA. which began in 1920 as a lobby for
    Reuter  -  304 words
  • Article
    Lock icon Hosokawa faces mounting pressure over links to scandal
    177 14 Reuter TOKYO Prime Minister Morihiro Hosokawa, who came to power promising to stamp out rampant official corruption. yesterday faced growing allegations of misconduct in his own dealings with a scandal-tainted firm. Opposition lawmakers led by the once-dominant Liberal Democratic Party (LDP) have
    Reuter  -  177 words
  • Article
    Lock icon China's energy sector likely to need US$ 300b
    164 14 Reuter CHICAGO Capital requirements in China's energy sector oil exploration and production, natural gas. refining and power generation may be as great as US$3OO billion (***** billion) in the current decade. Amoco vice-chairman Lawrason Thomas told the China Petroleum Investment Conference in
    Reuter  -  164 words
  • Article, Illustration
    Time to map new blueprint for the OECD
    744 14  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, where this commentary first appeared ONE WAY to shake up an international organisation is to give it the right new boss. Since last year. Ireland's
    744 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      125 14 ii Hush Puppies America's most comfortable shoes jj^l Licensee: Browning Sports Far East Pt« Ltd Trt *****00 THE CONNOISSEURS' PEN SHOW A SHOW OF OMAS VINTAGE AND RARE COLLECTIBLES FROM 1I A L 18th March 1994 j 11.00am-5.00 pm J 19th 20th March 1994 M 10.00 am -10.00 pm Front
      125 words
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      Page 14 Advertisements Column 2
      119 14 "Hush Puppies America's most comfortable shoes Licensee Browning Sports Far East Pie Lid Td: 474 MM SINGAPORE KUALA LUMPUR NGEEANN ODE ON TOWERS gB MENARA IMC CITY (Opp Raffia* -TK. Tm (Opp Shangri-La Hotel) (Orchard Road) Hotel) 7W| Quality Serviced Offices Tel: 65-*****43/ Fax: 65-*****76 MRCENTRE Appointments Ms Am Effectfva
      119 words
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  • COMPANIES & MARKETS
    • Article
      Nat Steel earnings soar 78pc, l-for-4 bonus issue planned
      465 15  -  By Abdul Hadhi SINGAPORE Govern-ment-linked Nat Steel lifted net earnings by 78.1 per cent to $55.19 million last year, and to celebrate it. has declared a l-for-4 bonus issue. Announcing the results yesterday, the diversified steel producer said pre-tax profit rose
      465 words
    • Article
      Goldtron, Russian sales boost Acma to near-trebled earnings
      428 15  -  By William Chia SINGAPORE Diversified electronics group Acma nearlytrebled group earnings to $41.54 million for the year ended Dec 31 1993 from 5i4.27 million previously. The company, which released its results yesterday said the increase resulted from the strong growth of its
      428 words
    • Article
      Lock icon Lityan's pre-tax profit up 26pc
      174 15 Bernama KUALA LUMPUR Lityan Holdings Bhd has reported a 26 per cent jump in group pretax profits to MS 11.921 million (556.9 million) for the year ended Dec 31.1993, from M 549.401 million in 1992. Releasing its audited results yesterday, Lityan which was listed on
      Bernama  -  174 words
    • Article
      Yeo Hiap Seng's shareholders approve restructuring proposal
      176 15 SINGAPORE Yeo Hiap Seng's shareholders yesterday approved a proposal to restructure the company into four independent units, with the listed food and beverage group taking on the role of investment holding. The plan, which was given the nod at an extraordinary meeting, includes
      176 words
    • Article
      Using CPF money to invest in Transpac Industrial is a venture
      771 15  -  HOCK LOCK S1EW By Agnes Chen SINGAPORE The people behind Transpac Industrial Holdings' (TIH) initial public offering arc quite adamant that the company is not in the venture capital business. This was stressed to members of the press and
      771 words
    • Article
      NOL posts $74m group net earnings
      397 15  -  By Rahita Elias SINGAPORE National carrier Neptune Orient Lines has delivered on a promise it made last year. True to its word, the group surpassed its 1991 performance. Group net earnings for the year to Dec 31. 1993. more than doubled to 574.4 million
      397 words
    • Article
      Lock icon GE Life's net surplus up 32pc
      92 15 Reuter SINGAPORE The Great Eastern Life Assurance Co said it increased its net surplus in the year to Dec 31. 1993. by 31.9 per cent to $56.93 million from 543.16 million in 1992. The company said it earned 58.6 cents per share for the
      Reuter  -  92 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        47 15 Uncertain Market \Io»kI indicate\ the likely trading •sentiment today, based on brokers polled at 5-f>pm yesterday. Overnight events may alter sentiment Brokers polled Alliance. Barings, (ik Goli. Kay Hian. Morgan (Jrenjell. Phillip. lat Lee. Smith \eu C ourt. H 7 Carr and S(J II drhurg.
        47 words
      • Article, Illustration
        HOT STOCK
        158 15  -  -By Paul Leo Acma broke below support at S 10.80 two days ago and continued to fall to $9.70 yesterday. Volume in the past two days has been strong, indicating that the bears are determined. Yesterday's volume was 194,000 units, up from 93.000 on Wednesday and above the
        158 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Guthrie makes Putra chairman
          61 16 SINGAPORE Ciuthric CM S has appointed Putra Masagung as its executive chairman. Mr Masagung was previously a non-exec-utive director. In his new role he will oversee operations. On Dec 31. he had a deemed interest in 105.97 million Ciuthric shares and 23.47 million Guthrie transferable subscription
          61 words
        • Article
          Hai Sun Hup lifts lino-HSH stake
          73 16 SINGAPORE Hai Sun Hup has bought a further 50 per cent of lino-HSH (SEA) from lino Kaiun Kaisha. making it a wholly owned subsidiary. lino-HSH. originally a 50-50 joint venture between IKK of japan and Hai Sun Hup. was a property management company which
          73 words
        • Article
          ABR takes 80pc of Aussie firm
          50 16 SINGAPORE ABR Holdings has bought 80 per cent of an Australian investment holding company, BRS International. BRS has authorised share capital of ASI million. Paid-up capital is Asloo. The company's board now includes Low Beng Bak. Wilfred Teo Chu Kiong and James Hebden Wright.
          50 words
        • Article
          Chua Kim Yeow quits APB board
          48 16 SINGAPORE Chua Kim Yeow has resigned as a director of Asia Pacific Breweries, following his appointment as chairman of the Stock Exchange of Singapore. Mr Chua joined the APB board in July 1990 and served as ehairman of the company's audit committee.
          48 words
        • Article
          Big gain for Sunshine Allied associate
          98 16 SYDNEY Network Foods Ltd. a sister company of listed Singapore company Sunshine Allied, has announced a 57 per cent profit increase for the year ended Dec 31. 1993. Network Foods, listed on the Australian Stock Exchange last December, is 67 per cent-owned by Grand
          98 words
        • Article
          Lock icon Promto buys into Kelantan timber
          33 16 MBT KUALA LUMPUR Promto Bhd entered into three sale and purchase agreements yesterday to acquire timber concessions in Kelantan for a total of M 524.46 million (5514.3 million).
          MBT  -  33 words
      • Article
        Creative's US rival fights back with US$ 30m countersuit
        344 16  -  By Claire Leow SINGAPORE Orchid Technology of California, sued last month by Singaporebased Creative Technology for false advertising, has lodged a countersuit. It is demanding USS3O million (5547.7 million) in damages from Creative, known in the personal computer industry as the
        344 words
      • Article
        Lock icon Bata (M) shares jump 32pc on plans to buy FCW for M$ 202m
        486 16 MBT Bcrnama KUALA LUMPUR Bata (M) Bhd shares hit the 30 per cent limit-up in early trading yesterday, following news of its proposal to acquire the entire issued and paid-up capital of cable company FCW Industries Sdn
        MBT; Bcrnama  -  486 words
      • Article, Illustration
        DBS Land's $40m condo bonanza
        326 16 60pc of Richmond Park units already snapped up SINGAPORE Listed DBS Land stands to reap about $40 million from its share of Richmond Park a prime condominium project launched yesterday to overwhelming response from priority buyers. Some 60 per cent of the 159-unit project, priced
        326 words
      • Article
        Vickers Ballas enjoys 6-time leap in net gain
        256 16  -  By R Sivanithy SINGAPORE Newly-listed stockbroker Vickers Ballas yesterday announced a six-time jump in after-tax profit to 532.29 million for the year to last Dec 31. The result was in line with the record volumes on regional exchanges, particularly Singapore. Malaysia and
        256 words
      • Article
        Vertex Asia fund draws $143 m in subscriptions
        355 16  -  By Genevieve Cua SINGAPORE Venture capital fund Vertex Asia has attracted subscriptions for $143 million. The fund, which closed last week, was launched in September 1993. Overseas Union Bank and Singapore Technologies Ventures are the two biggest backers, each having put up
        355 words
      • Article
        STIC unit, Dharmala in Surabaya hotel tie-up
        158 16 SINGAPORE CDC Construction and Development announced yesterday that it will team up with Indonesia's Dharmala group to build a hotel in the city of Surabaya. CDC, the construction arm of listed Singapore Technologies Industrial Corp. will own 60 per cent of the hotel
        158 words
      • Article
        UNIT TRUSTS & FUNDS
        494 16 UNIT TRUSTS FUNDS pH«i MarlS US Gr Fund 1.07 l.||~ Siappn |Mt Trvst UMt hmt Mgt LM The Commerce 1 67 1.75 j The Sating* Fund 1.51 I 59*d Spore Prut Fund 0 70 0 74 63 169 Spore See Fund 105 110 United Ami Fund 1.76 186S pore Invest
        494 words
      • Article
        DIVIDENDS ANNOUNCED
        743 16 Payaeat Ex Books Pay fate close date ABR Hides 5« F 9 Jun 29 Jul 5 Jul IS BAT 21' F 86 9N Mar 18 Mar 24 Apr 6 Bcr}a\a Group I 6 Mar II Mar 28 Apr 18 Bcqa>a Ind I 4 Mar II Mar 28 Apr
        743 words
      • Article
        Lock icon TRI pre-tax soars on Celcom's contribution
        186 16 Bernama KUALA LUMPUR Technology Resources Industries Bhd announced a 513 per cent increase in its group pre-tax profit to MS 103 million (Ss6o million) for the year ended Dec 31, 1993 from MS 16.796 million in 1992. Cellular Communications Network (Malaysia) Sdn Bhd (Celcom).
        Bernama  -  186 words
      • Article
        Schroders S'pore posts 152 pc increase in profit
        231 16 SINGAPORE Schroders International Merchant Bankers Singapore, the local arm of UK-based merchant bank Schroders. has reported a 152 per cent increase in after-tax profit to 513.3 million for the year to Dec 31. Schroders Singapore managing director Robert Tomlin said yesterday that
        231 words
      • Article
        Lock icon Tanjong Public in Philippine lottery deal with consortium
        251 16 Bernama KUALA LUMPUR Tanjong Public Limited Company has entered into an agreement with several foreign companies to participate in the provision of management services and a nationwide on-line lottery system and related facilities in the Philippines. The company yesterday said the agreement,
        Bernama  -  251 words
      • Article
        Lock icon Lien Hoe to buy Sabah properties for M$ 42m
        306 16 Bernama KUALA LUMPUR Lien Hoe Corporation has entered into a conditional sale and purchase agreement with Gaya Dua and Gaya House for the purchase of several properties in Kota Kinabalu for Ms 42 million (5524.4 million). D&C Sakura Merchant Bankers said
        Bernama  -  306 words
      • Article
        HK Bank, Wardley to merge treasury operations
        392 17  -  Fran Catherine Ong in HONGKONG HONGKONGBANK and its merchant banking arm, Wardley Holdings, will merge their treasury and capital markets operations under one roof to cieate the laigest unit of its kind in Asia, outside Japan. An entire floor of 28,000 sq ft
        392 words
      • Article
        Lock icon Brierley sells Carter Holt stake to US venture partner
        312 17 Bloomberg Business News WELLINGTON New Zealand's Brierley Investments Ltd reduced its stake in forestry group Carter Holt Harvey Ltd by selling 140 million shares to its joint venture partner, International Paper Co of New York, for NZ$5lB million (SS47O million). The
        Bloomberg Business News  -  312 words
      • Article
        Lock icon HK's Dairy Farm net profit rises llpc
        98 17 Bloomberg Business News HONGKONG Hongkongbased international food retailer Dairy Farm International Holdings reported its net profit rose 11.1 per cent in 1993. The company, which is part of the Jardine Matheson Holdings group of companies, said its profit after tax and minority interests,
        Bloomberg Business News  -  98 words
      • Article, Illustration
        Lock icon I want my MTV
        59 17 AFP HANOI A Vietnamese basket vendor peering into a TV shop in the centre of Hanoi yesterday, where an array of Japanese electronic goods is on display. While his baskets are for sale at US$l (551.60) apiece, prices for imported TV sets start at US$3OO, around
        AFP  -  59 words
      • Article
        Lock icon Yizheng's H shares 21 times subscribed
        194 17 Reuter HONGKONG Yizheng Chemical Fibre Co Ltd's HKS7I4 million (*****.3 million) public offer of H shares was about 21 times subscribed, an executive with lead underwriter SG Warburg said. The ofTer of 300 million shares closed at noon yesterday. Final figures were expected later
        Reuter  -  194 words
      • Article
        Lock icon Seventeen Japan brokerages slash profit forecasts
        489 17 Bloomberg Business News TOKYO Japan's top securities house, Nomura Securities, and 16 second-tier brokerages have cut their earnings projections for the year to March 31. Nomura lowered its estimate for current profit, or pretax profit, by 28.5 per cent to SO billion yen (SS7SO
        Bloomberg Business News  -  489 words
      • Article
        Lock icon Guinness pre-tax profit falls 12pc
        221 17 Bloomberg Business News LONDON Guinness ptc, the international beer and spirits company, said its pretax profit fell 12 per cent in 1993 as it took hefty one-time charges for the restructuring of its holding in LVMH Moet Hennessy Louis Vuitton SA. Guinness, which sells Johnnie
        Bloomberg Business News  -  221 words
      • Article
        Lock icon Nomura, banks to bail out Sanyo Sec
        69 17 Bloomberg Business News TOKYO Nomura Securities Co and three major banks have agreed on a restructuring plan for Sanyo Securities, said a Nomura spokesman yesterday. Nomura, the Nippon Credit Bank, Daiwa Bank and the Bank of Tokyo will purchase some 20 billion yen
        Bloomberg Business News  -  69 words
      • Article
        Lock icon BASF says worst is over as profit rises
        79 17 Reuter LUDWIGSHAFEN, Germany German chemicals giant BASF AG said yesterday earnings rose in the first two months of this year and that the worst of a downswing which has slashed profits since the start of the decade was now over. BASF chairman
        Reuter  -  79 words
      • Article
        Lock icon Jardine Fleming Asia's rights issue
        69 17 Reuter SYDNEY Investment fund manager Jardine Fleming Asia Pacific Ltd (JFAPL) yesterday said it will make a one-for-three rights issue at ASI.2S (551.40) a share as part of a capital raising of up to AS 16.3 million. Shareholders will receive one free option with each
        Reuter  -  69 words
      • Article
        Lock icon Mitsubishi in Chinese research tie-up
        76 17 Bloomberg Business News TOKYO Top Japanese trading company Mitsubishi Corp said yesterday it has extended its links with two Chinese government research institutes. Mitsubishi, the China Science and Technology Exchange Centre and the State Council Research and Development Centre will promote the exchange of information
        Bloomberg Business News  -  76 words
      • Article
        Lock icon Toys R Us speeds up Aussie expansion
        71 17 Reuter MELBOURNE Toys R Us, the world's biggest toy retailer, yesterday announced an acceleration of its expansion in Australia, where it is tackling the nation's largest retailer, Coles Myer, head on. The US company said it would open nine more of its huge
        Reuter  -  71 words
      • Article
        Lock icon Mitsubishi Heavy Industries to cut jobs
        71 17 AP TOKYO Mitsubishi Heavy Industries Ltd, Japan's largest heavy machinery manufacturer, said yesterday it will reduce its workforce by 3,100 over the next four years to cope with the slumping economy. The expected reductions, which account for about 7 per cent of the total
        AP  -  71 words
      • Article
        Lock icon Denway to buy HK$ 115m office
        62 17 Bloomberg Business News HONGKONG Automobile maker Denway Investment, which is controlled by China's Guangzhou city government, has agreed to buy a commercial property for HKSUS.3 million (SS24 million). The property, with a gross floor area of 14,000 sq ft, is on the eighth floor
        Bloomberg Business News  -  62 words
      • Article
        Wharf is first HK group to get A rating from S&P
        266 17 HONGKONG The Wharf (Holdings) has become the first Hongkong conglomerate to secure an "A" rating from Standard Poor's, the international credit rating agency. S&P said yesterday that Wharf has a core business centred on a high-quality, wefl-lo-cated and highly
        266 words
      • Article
        Lock icon Qantas may be floated as early as October this year
        436 17 Reuter SYDNEY Qantas Airways Ltd chairman Gary Pemberton says the float of the airline could be as early as October, based on the airline's improved results and the strong local share market, but management would still like more time. Qantas
        Reuter  -  436 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Bond markets jittery, sensing buying by US hedge funds
        379 20 Reuter LONDON Hedge funds, the United States leveraged funds partly blamed for the recent global bond market collapse. may have been dabbling in the markets once again this week, raising fears about the strength of the recovery, analysts say. "We've seen
        Reuter  -  379 words
      • Article
        Lock icon Tokyo steps up measures to support greenback
        284 20 Reuter TOKYO Japan's monetary authorities have stepped up indirect measures to prop the still vulnerable dollar, senior bankers say. The US currency has regained ground after it plunged to almost a historical low against the yen when trade talks failed at the US-Japan
        Reuter  -  284 words
      • SMALL CHANGE
        • Article
          Lock icon Yasuda applies for Viet insurance licence
          93 20 Bloomberg Business News HANOI Japan's Yasuda Fire Marine Insurance Co said yesterday it is applying for a licence to open a branch office in Vietnam. Yasuda established a representative office in Hanoi last year and has an agreement to sell insurance through the Vietnamese
          Bloomberg Business News  -  93 words
        • Article
          Lock icon Nikko applies to invest NT$ 200m
          52 20 Bloomberg Business News TAIPEI Nikko Securities Investment Trust Management Co has applied to invest NTS2OO million (SSI2 million) in Taiwan's stock market, the Securities and Exchange Commission (SEC) said on Wednesday. The investment trust is a unit of Nikko Securities Co of Japan. Bloomberg
          Bloomberg Business News  -  52 words
        • Article
          Lock icon Japan to raise fiscal funds lending rate
          77 20 Bloomberg Business News TOKYO In a move that will mean higher government home loan rates. Japan's Finance Ministry will raise interest rates on the government's fiscal investment and loan programme by 0.65 percentage point to 4.3 per cent, effective March 24. according to
          Bloomberg Business News  -  77 words
        • Article
          Lock icon HK index option-trading in NY soon
          62 20 Bloomberg Business News HONGKONG The American Stock Exchange in New York expects to begin trading options on an index based on Hongkong stocks, the Hongkong Economic Journal reported yesterday. The exchange is seeking approval from the US Securities and Exchange Commission, the Chinese-language paper
          Bloomberg Business News  -  62 words
        • Article
          Lock icon Abu Dhabi bank seeks repayment
          80 20 Reuter ABU DHABI Abu Dhabi Commercial Bank is trying to recover U5532.5 million (5551.7 million) of a loan made in 1988 to Russia's Vneshekonombank. which used to act as the foreign trade bank of the Soviet Union. Managing director Khalifa Hassan said the debt was
          Reuter  -  80 words
      • Article, Illustration
        Lock icon Citicorp to revamp global-finance unit
        200 20 Knight-Ridder NEW YORK Citicorp said on Wednesday it would split its global cash-management unit into three new units and form two new global consumer product groups, as part of "a fine-tuning" of its senior management. A Citicorp spokesman said the realignment was "totally divorced" from
        Knight-Ridder  -  200 words
      • Article
        Lock icon Poor demand puts Asian crude oil suppliers in trouble
        262 20 Bloomberg Business News SINGAPORE Despite strength in global crudes, a lack of demand for Asian crude has left oil producers and sellers in dire straits. Forward supplies of Malaysian Tapis, the Asian benchmark crude, for May delivery were assessed unchanged at
        Bloomberg Business News  -  262 words
      • Article
        Lock icon China's refineries revamping in view of costlier crude
        385 20 Reuter BEIJING Chinese refiners, facing a sharp profit squeeze when domestic crude prices rise on May 1. are rushing to revamp or rebuild their plants to optimise production and curb operating costs, senior industry sources said. "The markets are huge along the
        Reuter  -  385 words
      • Article
        Lock icon Visa charges ahead with 1993 volume surging 17pc
        180 20 Bloomberg Business News SAN FRANCISCO Visa International said the amount of goods and services charged by holders of credit cards with the Visa brand rose 17 per cent last >ear to a record U*****.2 billion (SSB62 billion). It was the first time
        Bloomberg Business News  -  180 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        138 20 THE LIS dollar opened lower across the board yesterday morning and continued to drift gradually lower throughout the day. Against the SS. the USS opened at 1.5845-55. down from its 1.5865-70 close on Wednesday. Dollar tone was soft and it drifted lower over the day.
        138 words
      • Article
        Lock icon London
        175 20 Bloomberg Business News LONDON The US dollar fell against the Deutsche mark yesterday afternoon after new figures showed that US inflation is under control and the Bundesbank left key German interest rates unchanged. The Philadelphia Federal Reserve said its monthly index of industrial prices declined in March. "The market
        Bloomberg Business News  -  175 words
      • Article
        Oil futures prices drop on improved North Sea supplies
        152 20 Bloomberg ENERGY REPORT LONDON Oil futures prices declined yesterday in London and New York following an improvement in North Sea Brent crude supplies, brokers said. The perception of limited supplies of prompt physical crude was alleviated somewhat after Shell UK Exploration
        152 words
      • Article
        Lock icon New York
        81 20 AFP NEW YORK The dollar declined against other major currencies in moderately active trading here early yesterday after the Bundesbank decided to leave interest rates unchanged. At about 9:20 am, the dollar was trading at 1.6818 German marks, down from 1.6885 late Wednesday. Against the yen, the greenback
        AFP  -  81 words
      • Article, Illustration
        Untitled
        1683 20 uuh'-ium/m*/ nklt'\ iulnilaU I tl aigum*! Sparc's hf 14 tradm* /ktrttht > Hum 1 itur IWS US$/S$ forward rates Noon Mar 17 ss Bid Offer 1-momh I 5823 I <83* 2-month I 5816 1.5833 3-inonth 1.5814 l.58>9 6-month 1 5805 1 5825 Sxtm, (X Hi Source: OCBC FOREIGN CURRENCY NOTE
        1,683 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen closes higher on short-covering
        1346 21 SNntsMMT Reuter SINGAPORE Simex Euroyen futures closed higher on short-cov-ering and also a firmer Japanese government bond futures market. Dealers said market participants were trying to square their positions ahead of the upcoming weekend. "There was definitely some short-covering after Europe came in in the
        Reuter  -  1,346 words
      • Article
        KL tin ends 23 sen higher at M$ 14.31
        571 21 COMMODITY REPORTS Thi THE price of tin rose another 23 sen to M 514.31 per kg on the Kuala Lumpur Tin Market yesterday as market players continued to support the metal. Dealer said the strength of yesterday's market, which resumed after
        571 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Beijing seen defaulting on contracts
          108 21 TOKYO Trade sources in Asia say China is likely to default on contracts to purchase three cargoes of soyoil after failing to obtain a letter of credit. Likewise, the exporters are refusing to load the 10,000 to 20,000-tonne cargoes until the Chinese buyers obtain a
          108 words
        • Article
          China expects big rise in gold reserves
          110 21 SINGAPORE China's gold production at the end of the century is expected to be double the amount of the precious mineral produced in 1992, a conference on gold held here was told yesterday. Ai Dacheng, the deputy director of the Chinese metallurgical ministry's
          110 words
        • Article
          Vietnam to give exploration permits
          84 21 SINGAPORE Vietnam's Heavy Industry Ministry is preparing to issue gold exploration licenses to Newmont Corp of the US. and BHP of Australia, according to Pham Quoc Tuong, of the ministry. The Vietnamese ministry has already given gold exploration licenses to several other foreign firms including
          84 words
        • Article
          Indonesia to cut coffee exports
          107 21 JAKARTA Indonesia will withhold 20 per cent of its coffee exports beginning on April 1 in an effort to raise prices. Agriculture Minister Syarifudin Baharsyah said yesterday. The idea of export cutbacks was proposed by Brazil and Colombia. Indonesia produces 23 per cent of the
          107 words
    • Article
      COMMODITY PRICES
      1511 21 Rubber Singapore Cowwdity riflini (Mm dating as at lpai) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Apr 94 148.23 2.400 May 150 50 150.00 150 25 400 5.925 Jun ***** 6.725 Jul/Sep 153.25 5.775 Oct/Dcc 154.75 4.650 Jan/Mar 95 156 00
      1,511 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1172 22 -9.1 A softer bond market unsettled by inflationary fears took Australian shares to a weaker close in light trade yesterday, brokers said. The All Ordinaries Index ended 9.1 points lower at 2.164.4 after starting the day two points firmer. The All Industrials Index eased 9.8 points to 3,300.1 and
        1,172 words
      • Article
        Manila
        605 22 70.41 Share prices surged at the close on the back o! heavy buying into blue-chip issues with the market seen rising further in the coming days, brokers said. The Philippine Stock Exchange indices rose 70.41 points at the Manila trading floor to close at 2.713.31, while the Makati benchmark
        605 words
      • Article
        Taipei
        519 22 +65.72 Taiwan stocks ended higher across the board as buying increased in late trade after players saw no sign the market would give up early gains. The weighted index ended 65.72 points or 1.2 per cent up at its intra-day high of 5.397.06. Turnover remained thin at NT539.05 billion
        519 words
      • Article
        Seoul
        431 22 -7.97 Stocks closed lower for the third consecutive session on contin- ucd consolidation in blue chips, with the composite index falling below the 900 level. The index ended 7.97 points lower at 898.56. "Most low-priced shares, being excluded from the past bullrun. went daily limit-up, while blue chips continued
        431 words
      • Article
        New Zealand
        311 22 +32.53 New Zealand shares closed strongly as a wave of optimism, caused by the upgrade by Moody's of New Zealand's foreign debt, was sustained through the day. The NZSE-40 capital index rose 32.53 points to 2,285.77. Turnover was a respectable NZ$57 million, over half of which comprised Telecom
        311 words
      • Article
        Bombay
        50 22 -24.33 Stock prices closed slightly lower in a dull trading session in which most deals were done in cash group shares, brokers said. The Bombay Stock Exchange 30-share index closed at a provisional 3,767.63, down 24.33 points. The 100-share national index closed at a provisional 1,826.28, up 2.97 points.
        50 words
    • WORLD STOCK MARKETS
      • Article
        London
        648 22 12.8 Share prices closed firmer yesterday, around the midpoint of the day's FTSE 100 range, helped by a modest rise on Wall Street and steadier bonds. But gains seemed fragile and buying interest was selective after one of the busiest days for corporate results this year. Dealers said Friday's
        648 words
      • Article
        Paris
        137 22 +5.13 French stocks were little affected b> decisions by the Bundesbank and the Bank of France to leave their key interest rates unchanged. The CAC-40 index of leading French shares rose 5.13 points to 2,247.84. The index gvrated between 2,260.60 and 2,235.55 throughout the day. The more broadly-based SBF
        137 words
      • Article
        Frankfurt
        148 22 -17.3 Most German share prices languished in late postbourse trade, unable to regain ground lost after prices slid on disappointment that Bundesbank left interest rates unchanged and did not signal a lower repo allocation rate. The Ibis DAX index was at 2.157.76. down 17.3 points from DAX bourse close
        148 words
      • Article
        Brussels
        149 22 +5.72 Belgian stocks rose in a late rally sparked by a rise in shares of steel wire maker Bekaert SA. The Bel-20 Index of stocks rose 5.72 points to 1.518.11. Bekaert stocks led the rise when its share price climbed 2.51 per cent. The company reported a 35 per
        149 words
      • Article
        Milan
        144 22 +o.Blpc Shares rose steadily throughout the session, spurred by enthusiasm at the start of the April account and good performances from industrials, traders said. The Mibtel was up 0.81 per cent and the BCI-30 index gained 0.34 per cent. The positive mood should continue today although it could be
        144 words
      • Article
        Amsterdam
        252 22 -o.2pc Dutch stocks closed 0.2 per cent lower amid the release of a spate of corporate earnings figures. The Amsterdam EOE Index of the 25 leading Dutch stocks finished lower at 424.5. A total of 11 million shares were traded. Traders said many domestic and foreign institutional investors shunned
        252 words
      • Article
        Zurich
        199 22 +2.74 The broad SPI added 2.74 to 1.852.05. The blue-chip SMI closed at 2.887.7 points. 0.6 point above Wednesday's close. Zurich M«r 17 Inum B« iH Brown B»«en Bi 1299 VP <S Hiding Bi M C "S Holding Reg l \0 2 C ihj (ifl§ Bi ft'2 -12 <iKi<»eigv|\
        199 words
      • Article
        Johannesburg
        311 22 +48 Shares in South Africa's steel sector posted major gains yesterday amid local and offshore interest, dealers said. The jump boosted other industrials which had been drifting in search of direction. Dealers said there were few fresh developments to influence price levels. They said a lower bullion price had
        311 words
      • Article
        Toronto
        347 22 -6.5 Toronto stocks were mixed in sluggish early trading yesterday as uncertainty in Canada's bond and curren- cy markets spilled over into equities, dealers said. Slight gains in energy, mining and conglomerate groups were offset by losses in precious metals, financial services and transportation. The TSE 300 composite index
        347 words
      • Article
        New York
        777 22 +6.62 The Dow Jones industrial average was ahead 6.62 points to 3,854.77 at 11 am EST yesterday. The New York Stock Exchange composite index was ahead 0.41 to 260.75, while the S&P 500-stock index was up 0.79 to 470.21. Advances edged declines 924-832 among the 2.483 issues crossing
        777 words
      • Article
        Untitled
        766 22 Britannia Funds Sterling Cash Bid (Nlrr Mim < jp rVpiMi l»MII M*5U0 Mini Jcix-> (.ill 0\»*\ 0 l*W2 Mini Mj\ Incomc *1 OUUH *1 &4UO ISSCaMi Incomc Plu-. Fund *IOO"nO *10*000 PS S Rfvn(fund 5--Hin 25W Sterling Fquitv Euio IVilxrnuiKT l)4W 044JK F ji Ejvl Fund '»MP T*l Man Mb
        766 words
    • Article, Illustration
      Lock icon HONGKONG
      3173 23 Reuter HONGkONG Hongkong stocks closed sharply lower yesterday. led bv selling on the futures market, and brokers said shares could slide further todav. Selling pressure mounted in the afternoon after a morning of narrow range trading though light bargain hunting brought the main index up from its lows. The
      Reuter; Source:; Source: Bridge Info  -  3,173 words
    • Article, Illustration
      CHINA
      546 23 THE Shanghai market was quiet yesterday with the Shanghai CLSA B Index shedding 20.11 points to end at 827.54. Erfangji was dragged down 15 per cent to 40 US cents on heavy selling from overseas investors. Forever also dipped 7.8 per cent while Steel Tube continued to weaken falling
      546 words
    • Article, Illustration
      Lock icon TOKYO
      2382 23 Reuter TOKYO Stocks closed lower, hampered by arbitragelinked selling yesterday, brokers said. However, they said the decline was only a technical adjustment following a sharp rise, adding that the market's basic bullishness remained intact. Foreigners kept buying despite overall declines, they said. "On Wednesday, high futures prices led to
      Reuter; Source: Bridge Info  -  2,382 words
    • Article, Illustration
      Lock icon BANGKOK
      1705 23 Reuter BANGKOK 1 hai stocks ended 26.43 points down at 1.266.64 on sluggish trading yesterday. brokers said. Turnover was 4.9 billion baht. "There's no hope." said Mark Keinecke ot" Baring Securities. adding that poor sentiment dominated the market as investors waited for a clear bu> signal. Foreign funds were
      Reuter; Source: Bridge Info  -  1,705 words
    • Article, Illustration
      Lock icon JAKARTA
      1125 23 Bloomberg Business News JAKAR TA Indonesian shares fell as l"und> sold stocks amid fears the threat of rising interest rates could further depress prices, analysts said. Ihe Jakarta Composite Index. which tracks all stocks on the exchange, fell 4.461 points, or 0.87 per cent, to close at SCW.H4X. Analysts
      Bloomberg Business News; Source:  -  1,125 words
    • Article
      CLOB INTERNATIONAL
      2595 24 a' Prumd 18 *****0 kjmuniing 50c 7 *****0 ll kirn Hwl 50c 6.977 000 Mulptu InU 50c 5 562 000 AMDS 50c 4 642.000 Kcnont BW 50t 2.981.000 ■j u Johan Hides 50c 2.789 000 Fahcr Group 2.456.000 MufthPurpmc 2.*****0 1 Mount ofp 2.139.000 1 Landmark-. Bhd 2.106.000
      2,595 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Jitters from HK plunge send KL market lower
        5483 24 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index fell nearly 2 per cent yesterday as foreign investors sold blue chips on concerns about declines in Hongkong and other overseas markets, analysts said. The Kuala Lumpur Stock Exchange's Composite Index lost 19.28
        Bloomberg Business News; Source: Bridge Info  -  5,483 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7632 25 Cr Or 1993m Last Vol Day List Qm> D4» Dh YM Nrt M Cap Hick Low Coapoay Sak COM) Hfck Low Bayer Seller Crr P't tail mDUSTRUL AND COMMERCIAL 1440 260 t s Acma 970 -60 194 1050 950 965 970 12.5 2.1 I.J 42 0 6616 760 220 Is
        7,632 words
      • Article, Illustration
        Lock icon Prices weaken despite firmer performance on Wall St
        1955 26  -  By R Sivanithy SINGAPORE The rally that many anticipated would take place when the Malaysian market resumed trading yesterday did not materialise, as bearish investors continued to sell amid interest rate uncertainties. The Straits Times Industrials Index dropped 32.16 points to close
        Charts by Bridge Info; Source: Bloomberg  -  1,955 words
  • Page 15 Advertisements
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      276 15 NEWS VALUE How today's nor* might affect your slocks Old hands mark down prices at Kew Drive land tender (pg l) Too marginal to affect prices of property stocks. Extra 4,053 COEs up for grabs over next 12 months (pg I) Positive for companies with exposure in motor industry, including
      276 words
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      64 17 -.tin*- jBkirSM'. •i. 1 Mia^ir^ arB .H ?>»xj5 *£v*** LiICM *v$ >• "C* n s ?>? iSR^ "*> j *Jpv" *frjggg.■^RSSs^WBB^^^M I i, v X-*- 4 > -fftix •*?r,. t -v t' *~Ui. fjft. *-f r V-t/'r '•> >.'<& apl®» ir? JSbScts I' v- 'X£#c iv V fSilMGSl#* > .^Ujflfcfc"-•
      64 words
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      3164 18 Q DBS FINANCE (Incorporated in the Republic of Singapore) BALANCE SHEETS AT 31 DECEMBER 1993 The Company The Group Company The Group Not* IMS 1992 1993 1992 Mole 1993 1992 1993 1992 SS'OOO SSOOO SSOOO SSOOO St-000 SS'OOO SS'OOO SS'OOO SHARE CAPITAL FIXED ASSETS 8 3 007 4 553 40
      3,164 words
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      2386 19 GREAT PACIFIC FINANCE (Incorporated in The Republic of Singapore) BALANCE SHEETS AS AT 31 DECEMBER 1993 The Company The Group The Company The Group Note 1993 rm 1,92 Note 1993 1992 1993 1992 SS'OOO SS'OOO SS'OOO SS'OOO SS'OOO SS'OOO SS'OOO SS'OOO SHARE CAPITAL FIXED ASSETS 8 628 722 628 722
      2,386 words
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      Page 21 Advertisements Column 1
      255 21 TOLL-FREE TEL. No. 1-eOO-741-1883 FAXT4I-1298 I M THE MATTER OF THE COMPANES ACT, CAPSO AND M THE MATTER OF CHARLIE POINT ENTERPRISES PTE LTD fn Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting ot Members of the abovenamed
      255 words
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      Page 21 Advertisements Column 2
      35 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. I Put The M I Straits Times I Classified H to work for you today.
      35 words
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      Page 23 Advertisements Column 1
      58 23 Nitsuka Double Your Share Quality Keyphone Systems andEPABX m i of Dividends r/ i Get instantaneous connection to your brokers by simply hitting a pre-programmed number Where efficiency makes the only difference, you can't go wrong with Nitsuko. Don't hesitate, the market situation may change any moment now. Call us
      58 words
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      39 24 SINGAPORE# rr\ Business Times wKtrnmAm Customer Relations Section Circulation Department ostal Code Singapore Press Holdings Limited 82 Genting Lane Occupation: Fax News Centre Singapore 1334 fp® US Tel: 1800-749 2577 Fax 744 4875 Tel: (O) Oi) iSlliPg" M BTlmii*|D7ol—
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      7 24 J INVESTMENT 1 Tomorrow in Business Times
      7 words
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      41 25 SINGAPORE COMMUNICATIONS EQUIPMENT CO PTE LTD SiNQApORE S 8 Jalan Kilang Timor 002-09 Kewalram House Singapore 0315 Tel 278 7088 Fax 278 7898/276 6698 Apply Now! Turn to The New Paper Fastads today for opportunities in sales services and office administration.
      41 words
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      1824 26 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 j j j ——■——I—W OmaALHOUCE OHBW® HAIB We, MC Slipping Co Pte Ltd of 100 Beach Road #2300 Shaw Towers, Singapore 0718, as Agent, hereby give notice that in consequence of the purchase of HAROTME KJNG", we have appfeed to the Registrar of Singapore Ships,
      1,824 words
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  • Shipping Times
    • Article, Illustration
      Inquiry into Jurong Shipyard fire to start on April 4
      438 27  -  By Rahita Elias SINGAPORE The inquiry into a fire last month aboard a vessel under repair at Jurong Shipyard will start on April 4. The date was set at a preinquiry conferenee yesterday, chaired by District Judge Ibrahim Burhan. Two
      438 words
    • Article
      Lock icon No plans to sue Eurotunnel over delays: state railways
      204 27 Reuter LONDON The British and French state railways have no plans to sue Eurotunnel SA/plc over delays in the start of freight services between England and France, a British Rail spokesman said. "We do not foresee any legal claims against Eurotunnel,"
      Reuter  -  204 words
    • Article
      Nantai putting 2 new vessels into service
      152 27 SINGAPORE Nantai Lines is using two new container vessels on the Far East and South Africa/Mauritius routes. One of the ships, the 23.470 deadweight tonne i\antai Queen, berthed at the Keppel Terminal on its maiden voyage yesterday. The newly built vessel was delivered
      152 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1121 27 Page Col ABC Containerline 12 5 Accord Group 8 1-3 Africa Container 16 4 Ahrcnkiel Liner 4 1/2 AOEShpg 15 4/5 •ANL 3 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 3 ASCL 5 5 Avant Shpg 6 4/5 Bait Orient
      1,121 words
    • Article
      Lock icon EAC expects profits to rise this year
      253 27 Reuter COPENHAGEN Danish shipping and wholesale group East Asiatic Co Ltd (EAC), reporting a swing from a huge loss to a modest 1993 net profit. said a continued improvement was expected in 1994. "A continued substantial improvement in the operating result is expected
      Reuter  -  253 words
    • Article
      Orient Marine sets up ship supply supermarket
      407 27  -  By Alec Almazan SINGAPORE Orient Marine Pte Ltd launches Singapore's first ship supply supermarket. with the formal opening of a S3-million office and warehouse at Jurong today. The 3.500 sq m warehouse will house under one roof not only ship stores but ship
      407 words
    • Article
      Lock icon Bosphorus still closed after tanker fire
      212 27 Reuter ISTANBUL The vital Bosphorus waterway remained closed on Wednesday even though tugs had towed a still burning oil tanker out of the strait into the Black Sea. An official from Istanbul's Pilotage Authority said the fire on the 132,517K1wt Cyprusflagged Xa.sua. now 6.4
      Reuter  -  212 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        413 28 fay No Btfttt Amy at Ptpartiyt Vessel Voy No Berth Arrival Dcpytwe Marina Wharves Mian 3 302A94 POJ 1/03 1800 1803 0300 Batammdo 1 1469S" M01 alongside 1703 1900 Habaniahe A10 94 P03 18 03 1500 18 03/2300 Blue Grace 11* K23 alongside 1903 2359 King Be
        413 words
      • Article
        CONTAINER SCHEDULES
        1935 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Baiance Rslts Ship Voy No Etb/Btr Period From To From Ac» D*» 050A 19/1500 IA 17/1500 17/1659 17/1900 2A 17/1700 18/0659 18/0900 28 17/1700 18/0659 18/0900 4 18/1200 18/1159 18/1700 Ac«
        1,935 words
    • Article
      THE SHIPPING GUIDE
      10289 36 This is a list ot ships loading at Singapore tor ports around the world. It tabulates. by destination, the name ot the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      10,289 words
    • Article
      DAILY FREIGHTS
      1017 43 INCREASED grain shipments from Sojjth America have given a muchne&Jcd fillip to I he ailing freight market. but brokers said ihe mediumterjn outlook for rates remains glutoiny. ■"The stronger activit> out of South America is in line with seasonal patterns. We shouldn't read too much into it." said
      1,017 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      622 43 Carbon Mjfch 11 Wjpwut, Sediment Denvty Water Residue Ash Akirxun Sedmnt "•> M M 'jP E««on Eucn KG M3 V V V M M M PPV methud KG M"3 V V M M 7 VI PPM (nethod ISO/Cm* Imits Spet E25 991 10 15 0 0
      622 words
    • Article, Illustration
      Lock icon Rocky road to rebuilding Russia's freight network
      772 44  -  Russia and the Commonwealth of Independent States not only have to expand and upgrade their transport systems, they also have to consider carefully the kind of transport they will need, reports Jonathan Lynn Jonathan Lynn Reuter FROM the 100-year-old Trans-Siberian Railway to crumbling
      Reuter  -  772 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Plans for Bangkok's second airport hits another snag
        626 46  -  From Alan Boyd in BANGKOK WORK on Bangkok's 100 billion baht (556.2 billion) second airport will be delayed further because of problems relocating local villagers, but aviation authorities deny this will mean a later opening date. Although contractors will be 18 months
        626 words
      • Article
        Lock icon UAL fails to meet buy-out deadline
        193 46 FT NEW YORK The future of the USSS billion (557.9 billion) employee-led buy-out of UAL was in placed in doubt on Wednesday after the US airline announced it had been unable to reach a definitive agreement. When UAL and the pilots and machinists unions
        FT  -  193 words
      • Article
        Lock icon US likely to freeze US Air-British Airways flight links
        462 46 Bloomberg Business News WASHINGTON Faced with the UK's refusal to give US airlines the access to Great Britain they crave, US Transportation Secretary Federico Pena probably wili freeze or reduce flight links between British Airways pic and USAir. analysts say. Last
        Bloomberg Business News  -  462 words
      • Article, Illustration
        Lock icon A Honda Legend by another name
        55 46 Reuter BL'PYONG, South Korea An Arcadia car, a modified version of Honda Motor's Legend, is introduced in South Korea by Daewoo Motor Co Ltd. The car is powered by a Japanese-made 3.2 litre V-6 engine but is assembled in Korea with 70 per cent
        Reuter  -  55 words
      • Article
        Lock icon Europe urged to liberalise transport, build network
        368 46 Reuter AGIOS NIKOLAOS. Greece Western and Eastern European countries at a transport meeting on Wednesday called for the creation of a continental transport network. About 40 countries at the second pan-European transport conference also agreed to liberalise the transport market and support environmentalfriendly
        Reuter  -  368 words
      • Article, Illustration
        Lock icon Boeing gives chairman US$ 5m carrot
        496 46 Extra stock options an incentive to boost share price, says company Bloomberg Business News SEATTLE Boeing Co gave chairman and chief executive Frank Shrontz a USSS million (557.95 million) incentive to boost the company's stock price, according to the annual proxy statement filed with
        Bloomberg Business News  -  496 words
      • LOG BOOK
        • Article
          Lock icon Mitsubishi, Samsung win HK contract
          67 46 AFP lOKYO Japan's Mitsubishi Heavy Industries Co said on Wednesday it had won an order jointly with South Korea's Samsung Heavy Industries Co to supply eontainer ships to a Hongkong company. Ihe deal calls on Mitsubishi and Samsung to deliver six container ships worth USSSOO
          AFP  -  67 words
        • Article
          Lock icon Stowaways die after jumping ship
          98 46 Reuter SEA I I LE hour men who hid on a cargo ship from Fiji died on Wednesday after jumping overboard into the icy waters of Puget Sound near Seattle, officials said. Coast Guard and immigration officials said they were unsure of the identities of
          Reuter  -  98 words
        • Article
          Lock icon Federal Express, pilots seal deal
          51 46 Reuter NN ASHING TON The Air Line Pilots Association said it reached agreement with Federal Express Corp on procedures for resolving disputes involving pilots. The agreement gives pilots an option of using an impartial arbitrator to review disciplinary actions and other disputes, the union said.
          Reuter  -  51 words
        • Article
          Lock icon KLM adds Osaka to summer schedule
          49 46 Reuter AMSTERDAM KLM Royal Dutch Airlines NV said it added Osaka as a second destination in Japan to its summer schedule, which starts on Mar 27 and ends on Oct 30. KLM is also adding weekly flights to Ho Chi Minh Citv. Reuter
          Reuter  -  49 words
        • Article
          Lock icon Traffic at Amsterdam airport up
          49 46 AP AMSTERDAM Passenger traffic at Amsterdam's Schiphol airport, one of the fastest growing in Europe, rose 11 per cent in 1993 to more than 21 million passengers, airport officials said on Wednesday. A new terminal that opened last year handled 2 million passengers. AP
          AP  -  49 words
        • Article
          GM, union reach pact to end strike
          36 46 DETROIT General Motors Corp and the United Automobile Workers union reached a tentative agreement on Wednesday that may end a three-day strike at two parts plants in Dayton. Ohio.
          36 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
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  • Page 27 Advertisements
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      31 27 (J INTERWEISS Container Lashing Equipment M INTERMARINE Supply Co (Re) Ltd Exclusive Agent /Distributor KM Intermarine Supply Co (Pte) Ltd No 7 Bukit Balok St 22 ***** Tel: *****88 Fix: *****11
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      Page 27 Advertisements Column 2
      31 27 Rebuilding Russia's freight network, Page 18 Bangkok's new airport hits snag, Back Page Ums and services represented ysmbers ef tfie Registry ef Accredited (ifEXh For advertising enquiries, contact Shipping TimesTel 740-2089/740-2090
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      Page 27 Advertisements Column 3
      46 27 the FAMOUS i iwwovi W33MRM 224 1833 For more information please refer to Pg. 15 SELUNG POINT If ever you have to sell ice to the Eskimos, let us offer you a pointer or two. Advertising Marketing. Every Friday. SINGAPORE f Business Times WE KNOW ASIA
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      413 28 TSKUNE AGENCES (S) PTE. LTD. -T |Z T |mTTI Tel: 226-3363 OP® J. JLLMH Fax: 226-1972/3 JtoTT*# jj x; pg *****/TSKSIN TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I txw»tt to mmm. mtmk taxm tmm -mttimt" i iwwy w i» Mmlm I m m m m m m m
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      1730 28 WBiT TO WA WWT 9jMtT IBCT-4PBRB W**W¥ RQRjW) to lAAT MBlrramMMAH mu cowTA—» mtwcrn I JBB SI ISK U QH_ KM sea ML cue wr mco wssn wr« swk dmktti prubb* btmmm* hexmm* or rt ur m* unin* nsa iST] CAIKORNM LUNA M 73 74 3 94 114 134 I
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      2556 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES BDN. BHD. TEL. *****13 FAX: *****42 PETALING JAVA TEL 03-*****76 FAX. 03-*****42 H DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD! PENANG TEL *****4 FAX *****1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 Ip OH TEL *****3/4 FAX: *****6 CFS (PSA F5)
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      2719 29 m ymsmssm SAILINGS TO HONG KONG/TAIWAN/JAPAN/KOREA/CHINA SL VOYAGER V.210E ETA SIN 21ST MARCH 94 MARIT MAERSK V.9404 ETA SIN 22ND MARCH 94 vessel Voy ETA ETO feedwed By S r",TS» DESTINATIONS This week MARiT MAERSK V 9404 —PWP—■—H— CY 22 03 0600 HRS H^U|||||||H^ij|U|||B^|fij|| CFS 21.03 2359 MRS JOH LPK
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      1758 30 AQABA R DAM ii ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH iVIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA LUDWIQSHAFEN EXP 12/310 19/3 28 3 4/4 6'4 9/4 11 4 13 4 p or| Ke)ang p en ang FRANKFURT EXPRESS 72/111 23/3 9/4 12/4 10/4 Pasir
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      690 30 EZ^BR) FCL BreaKbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam t Mongolia t Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Asia V 2064 22/3
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      Page 30 Advertisements Column 3
      1522 30 I NORASIAH I NORASIA MUBARAK 9411-3 24 03 13 04 16 04 17 04 lt/04 19 04 20 04 21 04 22 04 22 04 I I NORASIA AL MANSOORAH 9412-3 30 0 3 20 04 23 04 24 04 25 04 25/04 26 04 27 04 2« 04 28
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      1912 31 STRAITS SHIPPING PTE LTD 0b 10 Hoe Chiang Road #11*01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line A+rggw <A SERV,CE OF CHINA navigation co> CARGO DUE SAILS RAJAH BROOKE VOK Muaia 18 19 Mat 20 Mat 21 Mai FCL, LCL CONTAINER ANO BREAK BULK SERVICE
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      Page 31 Advertisements Column 2
      3290 31 V SINGAPORE AGENT: isy\ liXifl) Atlt 01 n P&O Containers (Singapore Agencies) Pte Ltd i CjL% W jliM Ml/I I 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VESSEL VOY 'PNG -r*C SIN
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      638 32 i|K EKA JAYA AGENCIES >3J|r TEL: *****22 8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE —MYAHMAR TRAPS PASEB I HAHPftIONC/PWeCTZI wmiAM w» una awwrna J,OJ MB HO cm MIHH CITY HKHWY n<?t iIMKi mw»/wiw KUYIH *****2 M*****y*****t3 TO MYANMAR/YANGON SEMI CONTAINER SCRVICC M OCEANLINES vsivoy STOK IBM 31/3 4/4 11/4
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      Page 32 Advertisements Column 2
      2044 32 I HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDR VSI SM IIVC HAUL SEA YVR POX FDR VSI SM ILME HAUL SAV lIM NYC HANNN OAKLAND 025E 19 3 DMECT 7/4 1/4 9/4 HANJIN OAKLAND 0251 19 3 H KOBE 049E 21/4 22/4
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      1586 32 MlMziU d-IrJ-l=ld^^ Im scp use wc mc pus hi on nt w ito im chs sal nyc lhv mm mm it* «g rs» cm m w I OMM *t 044 23 3 .'1 1 30 3 1 4 «< 5 4 6 4 7,4 1 4 1/4 21 4 1
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      2803 33 sex CALIFORNIA LUNA 64E' eta sgp 23/03/94 II II I ARRIVING LOS AN6ELES 09/04/94 IN 16 DAYS HI n SSSS I AEX: 'NEPTUNE RHODONITE ME' eta sgp 25/03/94 II II I ARRIVING NEW YORK 16/04/94 IN 23 DAYS HI II ir *R1 Connecting California Pegasus Voy 2f in HKG 23/04/94
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      Page 33 Advertisements Column 2
      1082 33 A MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 A BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 dk BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
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      1744 34 44 v AS AGENTS "K" LINE (SINGAPORE) PTE LTD (CM No: **********0 M) TEL: *****77 TELEX KAWAKI R*****5 FAX *****16/7/8-9 I T MALAYSIA K" LINE MARITIME (MALAYSIA) SON IHO I u v TEL: SA *****00 PK *****75 PEN *****0 JB *****' PGU *****5/6 1 INDONESIA- P.T. SARANA LAUTINTERNUSA. TEL: JKT
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      Page 34 Advertisements Column 2
      1134 34 @APPENSHIP HAMBURG ITT/ CONVENTIONAL ft INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE lOADING FOR INZHENER PARKHONYUK KLP 09 02 TGN 21/02 TRT 02/03 SPORE 24/03. HUANGPU/XINGANG HONESTY SZE 16/02 HAM 22/02 SPORE 28/03. LAEM. BKK HARMSN OLDENOORFF HAM 18/02 SPORE IN PT.
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      1007 35 PACIFIC INTERNATIONAL LINES (PTE) LTD I SSSSSsSm Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO **********0F VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN SINO MARINE 39N 19/3 22/3 26/3 52M0A S TFl»atai Si* VL'X ifOTA 6ABAC emtii m>m 4 J4 BUMGA TERATAI 4923 22/3 25/3
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      1136 35 jwssns voy sm Hamburg rohiroam miwiif ihams u harvi I Will DC ITU* 7732W 24 03 IV 04 17 04 It 04 19/04 20/04 IWUIDIWGA 9932W 2« 03 21 04 23 04 24 04 25~04 2«704 I Will 0C WSIA 7432W 0* 04 02 OS 04 OS 05 05 OS
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      Page 35 Advertisements Column 3
      495 35 0 W&MG3&E SHIPPING TEL: *****88 FAX: *****00 J DIRECT REGULAR SERVICE J JAKARTA SURABAYA ACCEPT CARGOES TO AU OTHER INOONESIAN PORTS WITH TRANSHIPMENT AT JAKARTA OR SURABAYA DfSTMATION El* ETD VSI JAKARTA 22/3 23/3 f SUMATERA J 26/3 27/3 P JAWA I 4/4 5/4 P. KALIMANTAN 9/4 10/4 P. SUMATERA
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      Page 35 Advertisements Column 4
      443 35 I BSfl iiT mm MYANMA WHmk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P Gdt HPA-AN V2oo* IS 70 Mar PAGAN V2OBW 29/31 Mar MALAYSIA AGENTS BOUSTEAD SHIPPING AGENCtS KUL TEI 03 *****00 PKL TEL 03 *****67 PEN TEI 04 *****5 POD TIL
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      330 38 ;{>]<]%!?]$"^\;!=!.,-{>|-@<?}&> /^IMORBULftv I NORBULK cargo services ltd. I I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES Iff^lTLolloilGFa^^l MLAGRO 5/4 TO/4 ROT/ANT/UK I ADANASTOS 10/4 5/4 FLU/ANT/UK I ISP PKLOADING FOR I NQRBULK TBN 5/4 OBN/CT/EL I ALSO LOADS TG MANI AND KK I PK SWK/SABAH LOADING FOR NORBULK NAMIR
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      297 38 IRtel SHINYEI SHIPPING (S) PTE LTD 10 Anson Road #15-01/02 International Plaza Singapore 0207 CR NO: **********0N HOT LINE: *****38 (8 LINES) FMHSTWS^I HONGKONG/CNINA 20/3/94 KOBE/YOKOHAMA 20/3/94 BANGKOK 20/3/94 TOKVO/NAGOYA 20/3/94 BU9AN 20/3/94 OSAKA 20/3/94 PORT KELANG 20/3/94 I FOR BOOKINGS, PLEASE CONTACT PENANG 20/3/94 DORIS, 8181, JASMINE, ANDY, CANDICE
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      Page 38 Advertisements Column 3
      71 38 ©ORIENT FREIGHT SERVICES PTE LTD 163 TRAS STREET #10-05 LIAN HUAT BUILDING S'PORE 0207. TEL: 222 9792 FAX: 222 9985 CR NO **********0 D ATTRACTIVE FCL/LCL RATES i ICD DESTINATIONS TO: NHAVA SHEVA BOMBAY MADRAS CALCUTTA NEW DELHI COCHIN COLOMBO KARACHI CHITTAGONG DUBAI BAHRAIN DAMMAM DURBAN PORT LOUIS ALSO ACCEPTING
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      Page 38 Advertisements Column 4
      706 38 fcilSEaSßli TO AUSTRALIA/NEW ZEALAND Wl fican Mr* S»d Aucfc P Chatn MiiwiwtN 10 io7« JTi H~* iTvELLIN HUDtG 3?6 i»/« ?3/« lTs Ti Ti bkussii ui 57s iTTs TtTs m~s n•> maatha i j?i iTTs i 7» TJi iTi iTI* VIA AUCMAM) TO USA/CANADA »Sl S*> GuHport Ctiartntsn PMjdriphu Hakfai
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      759 39 fit 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 21/3 LEHAVRE/FRANCE 21/3 GENOA/ITALY 21/3 ANTWERP/BELGIUM 20/3 LOS ANGELES/WC/IPI 20/3 SYDNEY/MELBOURNE 24/3 NEW YORK/EC 20/3 FREMANTLE/ADELAIDE 25/3 VANCOUVER 25/3
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      Page 39 Advertisements Column 2
      1107 39 Hi iltl 1 n i iTEXEi BL Vl l'ri ISg VESSEL VOY SIN JKT |t ■■MTOmaMMMI I ISRA BHUM *2S Fn mP, Tua 22/3 1 ~!f *Z V T MISSEL VOV S W BKK H BHATRA BHUM 213 Sat 19/3 Wad M/ 3 S I>/3 M K< VMM BHUM 12N
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      Page 39 Advertisements Column 3
      277 39 Guaranteed Sailings to-. BANGKOK *LAEM CHABANG JAKARTA PORT KELANG j HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports.- USA, EUROPE\ CHINA AND ALL DESTINATIONS TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) li® ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING
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      446 39 Pi PONGNAMA LINg j CONTAWERWED SERVICE STRAITS/BLW/INC/RSX l KSSEI SCP PNG BIN PK BSN MC HONGKONG GKMr V44JN 24/3 26, 3 21/3 1/4 11/4 HRCLIM V443N 30/3 1/4 3/4 4/4 14/4 lt/4 TIASDAS V4O4N 7/4 J/4 11/4 21/4 23/4 SAAONK TKAOtR V4O4N 13 4 IS/4 17/4 lt/4 21/4 30/4 ROUND
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      1578 40 CONTAINER LINES, INC l-IVVYV* Agent* MAC-NELS SPORE: *****22 (24 LINES) X c/w No: 120W*****0E SIBU (084) *****9 KUCHING (062) *****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 I PEN PKL SIN 5 SAILINGS/WEEK PtN PK SIN 20/3
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      77 40 50 TELOK BIANGAH ROAD #02 02 CITIPORT CENTRE. STORE 0409 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY. ETA ETD DESTINATION RAMUAR 04/94 17/3/94 11/3/94 SURABAYA RNAWA 06/94 20/3/94 20/3/94 SEMARANG/CREBON ISABEL A OS/94 21/3/94 22/3/94 BELAWAN KAGURI 10/94 22/3/94 22/3/94 MUNTOK I.MAMA 09/94
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      216 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ti* no ru STOM rORI MIUK MNWG nm mm 1 oaJini K.r Mj!> KUVM HUDHU 10 4 OwhatjtißC irj Laidey tof Binhf OOIfHN 21 i loading foi Mjlf noNUR sunt Ml 21 3 Loadint fur Mil* UMMtDH 1 tojJins fof Mdlr nOGMSS
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      1084 40 f JEL THONG SOON UNES PTE LTD 1 I /XY\ 78 SHENTON WAY #10-01. SINGAPORE 0207 I I J V/ TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY S PORE PEST VESSEL VOY S PORE PEST EQUATOR
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      658 41 ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAK BULK SOC CARGOtS TO FROM Ko6f YOKOHAMA. NAGOTA MOM. TOKYO*. MAIW.A* OAVAO*. Penang J P. Kelang Singapore E'Msia* IVYEVERETT VBE 04/05 Apr 06/07 Apr KARABIEVERETT VI6E 06/07 Apr KAMALEVERETT V2OE 24/25 Apr 26/27 Apr ACCEPTING BREAKBU.K FCL SOC CARGOES TO FROM CMTTAGONG.
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      227 41 Iftl CIOBY WAWCATMHi CROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VII 20/3 1/4 7/4 16/4 GLORY SELATAN V 12/3 15/3 SP PKL HCM HK KAO GLORY SELATAN IX 25/3 28/3 3/4
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      Page 41 Advertisements Column 3
      557 41 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE Ttssti vor sin karach SARGOOHA 141 HW 01/04 10 04 KAPTAI US HW 05 04 17, 04 VSI 15 04 2V04 MAKRAN 147 HW 11/05 20/05 FAR EAST CONTAINER SERVICE ONLY VESSEL VQT SIN HKG BSN OSA WAG 10* MAKRAN 146
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      711 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS SHUN HC/10l 11 03 25/03 26 04 28/03 OS 04 TAOHE 82 26 OS 10/04 11.04 13/04 20/04 JIAN HE/82 11/04 25/04 26/04 28/04 OS/05 HUIHE/104 26.04 10 05 lI,OS 13/ OS 20/05 ACCEPTS
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      366 41 S|N FAR EAST 22/03 KEELUNG KAOHSIUNG 26/03 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 SIN CHINA 20,03 GUANGZHOU HUANGPU SHENZHEN FUZHOU XIAMEN SHANTOU SHEKOU DALIAN SHANGHAI XINGANG TIANJIN/QINGDAO HAIKOU also accepting
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      857 42 Handling System Co. Pte. Ltd. 136 ft 138, Neil Road, #03-00, Singapore 0208 XT/ It/ M CFS-20, Gul Road, Singapore 2262 Tel: 02-*****28 Handling System Co. Sdn. Bhd. w N0.9 lorong Cungah, ***** Port klang, Sclangor, Malaysia 24th Floor, L'MBC Main Building, ***** kuala Lumpur. Malaysia Handling System (HK) Co.
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      453 42 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 31 MARCH (Accepting to all N*w Zealand poets) PENAN6 24 MAR JAKARTA 22 MAR PORT KLAN6 24 MAR BANGKOK 20 MAR MANILA 20 MAR MELBOURNE 31 MAR STDNEY 31 MAR FREMANTLE 27 MAR BRISBANE 24 MAR 2S MAR I 'ACCEPTING TO
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      Page 42 Advertisements Column 3
      488 42 Next Week's Sailings Singapore To! ETD II To: ETD '"^^wardS'* Singapore Singapore 'WZ BV LRQA EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY Manila SUN Ho Chi Minh FRI I C j I I EVERY EVERY P—J Colombo TUE Limassol THUR 1 I MTEKNATIORAL SEA FREIGHT FORRAROMG Tel: Fax: AND
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      1574 43 CRYSTAL FREIGHT SERVICES PTE LTD laraaL, zzsr*— ss. ASIAN POUTS MEW ZEALAND/AUSTRALIA EUROPE BANGKOK 20/3 AUCKLAND 6/4 ANTWERP 21/3 BUSAN 21/3 ADELAIDE 31/3 FELIXSTOWE 23/3 HONGKONG 23/3 cS«?AM!I e £4/3 UR G 20/3 JAKARTA 22/3 2* 2 ROTTERDAM 20/3 SURABAYA 22/3 MELBOURNE 25/3 KEELUNG 22/3 SYDNEY 25/3 KAOHSIUNG 25/3 KOBE
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      222 43 CEYLON SHIPPING CORPN KHg) National Line of Sri Lanka CONTAINERISLD StRMCE TO Ik AND NORTH CONTINENTAL PORTS «SStL WT SW CM HM IW Ml THMKS LW Wo>»Sl* MUBWM Mil 3 23 03 27 03 HU£ Dl im 773 m it 03 nO3 15 04 17 04 II 04 »04 MM
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      259 43 LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.27 VOV MONTEVIDEO BUtNOS DURBAN JAKARTA pMQtfOK HONGKONG HAGOSHHMa! YOKOHAMA DCKABRIST EBQ7~ SAILED SAILED 09 03 22 23/03 01 04 ~07 11/04 12, 04 N. KRUPSKAYA EBOa SAILED 26/02-00/03 21/03 02 05 04 07 11/04 16/04 20 21/04 23/04 PRIMORSK EBO9 15/03 16 21/03 03/04
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      482 44 NOftTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACfIC 9413N 25/03 (FRI) 02/04 (SAT) VIGOUR PACIFIC 9413 AN 28/03 (MON) 02/04 (SAT) I LOAMN6 EVERY LHOTSE 9401N 01/04 (FRI) 09/04 (SAT) FMDAV W® MONOAY LHOTSE 9401 AN 04/04 (MON) 09/04 (SAT) 1 SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL
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      246 44 G® AMY ON HOLIDAYS WHEN YOU SHIP WITH US /umuS/// nRt AK,ll LK CONSOLIDATION SERVICES PTE LTD H111 (jII L-jßrffftJu M.S MOUSt: 37 PuxUm Hill Singapore 0208 Tel: 225 H332 fix 224 3343 PT BAHARI HALUAN SAMUDERA Weekly COMMON FEEDER SERVICE VESSEL VOT SXGAPOKt PORT KELANG BEKWAN TAMBANG VIII 1016
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      195 44 I COSCO I UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR A VESSEL 28/03 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG PG. LOADING FOR: A VESSEL 15/04 20/04 Huangpu Guangzhou COSCO PULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHMA/BANQK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please
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      19 44 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. BißinessEmes
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  • Page 44 Miscellaneous
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      684 44 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 2301 2.2 2.7 2.8 2.7 2.4 1.9 1.3 09 07 0.6 07 1.0 1.5 20 2.2 23 2.2 1.1 1.4 1.0
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      943 45 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PWA* PKE* PGP" VESSELS VOY SIX RTM AWT* LEH* HAM BREt PEL 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 310# 28/03 15/03 16/04 18/04 16/04 16/04 19/04
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      Page 45 Advertisements Column 2
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