The Business Times, 29 March 1994

Microfilm: NL19090
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times MITA(P) 010/12/93 Tuesday March 29 1994 WE KNOW ASIA 75 C
    14 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 35.12 points
      55 1 Reuter NEW YORK Computer sell programmes, a return of the long bond yield to 7 per cent and a decline in oil shares pushed Wall Street stocks sharply lower yesterday at midday for the third straight day, analysts said. At Ipm EST, the Dow was
      Reuter  -  55 words
    • Article
      Lock icon West German inflation eases
      62 1 Bloomberg Business News FRANKFURT Inflation in western Germany fell in March for the seventh time in eight months, the government announced, and economists predicted further declines. The consumer price index for Germany's four largest states rose 0.2 per cent in March from February and was up
      Bloomberg Business News  -  62 words
  • Article
    MARKET SUMMARY
    172 1 Stock market indices Monday Change ST1I 2,059.93 -23.49 KLSEComp 951.43 18.67 Nikkei 19,941.79 +105.31 Hang Seng 9,197.03 SET Index 1,246.34 -33.73 Jakarta Comp 491.051 +0.215 CLSA China B ....1,026.72 -12.77 Aust All Ord 2,108.9 -42.7 FTSE 100 3,129.5 +0.5 Monday Previous lpm dose Dow Jones 3,739.90 3,775.02 Average
    172 words
  • Article
    Lock icon Auditors of BCCI face US$ llb claim for damages
    222 1 NYT LONDON The auditors to the collapsed Bank of Credit and Commerce International face claims from the liquidators of up to USSU billion (5517.4 billion), according to legal documents updating the original action. Price Waterhouse and Ernst and Whinney, which is
    NYT  -  222 words
  • Article, Illustration
    Lock icon M$ rises on talk of sharply lower Bank Negara loss
    375 1  -  By Paul Leo SINGAPORE The Malaysian ringgit ended a volatile trading session stronger yesterday on rumours that the central bank will report a loss in 1993 that is dramatically lower than expected. The ringgit surged one per cent or 2.74
    ource: Bloomberg  -  375 words
  • Article
    Region's stock markets lose further ground
    400 1  -  By R Sivanithy SINGAPORE Adverse external events continued to cast a pall over the region's stock markets yesterday, with almost all the bourses continuing their downward slide. In Singapore, the Straits Times Industrials Index lost 23.49 points or 1.12 per cent to close at
    400 words
  • Article, Illustration
    Myanmar can achieve open economy and govt: PM Goh
    407 1  -  From Amy Balan in YANGON PRIME MINISTER Goh Chok Tong arrived in Yangon yesterday with a message of hope that Myanmar will progress to an open economy and an open government and that Singapore will help it to do so. "The
    407 words
  • Article
    S'pore sets up US$ 3m technical assistance fund for Myanmar
    152 1 SINGAPORE Singapore has established a IJSS3 million (SS4.B million) Myanmar Technical Assistance Fund, the Ministry of Foreign Affairs announced yesterday. Details ol the fund were conveyed to Myanmar leaders by Prime Minister Goh Chok long in Yangon. The fund is
    152 words
  • Article
    Asian market upheaval takes toll on US, UK funds
    679 1  -  Unit trusts and mutual funds down average of 17pc By Agnes Chen SINGAPORE US and UK investors are feeling the shockwaves from the upheaval in far-off Asian stock markets. going by the losses chalked up by their mutual funds and unit
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      155 1 1 No Time for Coffee? Try ■HBK Coffee-Fit CONTENTS Spore News 2 S poT'lS'lL" 19.20.21 Regional News 3.4.5 Financial 23.24 World News 7.8 MaHwts Analysis 1/ Oob/KISE. SES 28 30 Editorial 16 fag*™ l 26 Sports 9 World 27 TV Lifestyle 13 Currencies 24 Regional Focus 6 Sitnei/Commo ...24.25 Subscription
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      17 1 Property: Pg 14 Focus on HDB shopowners Inno-Pac reduces after-tax loss by 67pc to $7m, Page 19
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      21 1 Hock Lock Siew: pg 19 China holds key to TVB's growth Lifting the veil on the real Bank Negara Page 17
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      14 1 The Bottom Line: p* /i?J US needs more realihifoAsia policy Full reports. Pages 26-30
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      65 1 FRESH BREATH IN A FLASH VERY STRONG. VERY r s t* REFRESHING. I Is this the start of a bear market worldwide? Page 22 China opens telecom services to competition, Page 18 Carreer BoiJjqjZf SINGAPORE Ngee Ann Ctty, Tower B, #01 -11.391 Orchard Road. Tel: *****27 Hilton International, #01 -04,
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon A steady increase
        255 2  -  By Paul Leo MONEY SUPPLY M 2 has grown more than 8 per cent for four straight months, according to latest figures from the Monetary Authority of Singapore. M 2 comprises currency in circulation and demand deposits (which together make up MI) and what is known as
        Source: Dept of Statistics  -  255 words
    • Article
      Automatic transfer of CPF funds for IPOs from April
      154 2 FROM next month. CPF members can apply for approved initial public offerings with their CPF savings without first transferring funds from their CPF accounts to their Investment Accounts. The Central Provident Fund Board said yesterday that their CPF funds will be
      154 words
    • Article
      Insurance of PARF, COE not necessary with new ROY rules
      457 2  -  Easier claim procedures in theft cases By Alec Almazan MOTORISTS need no longer insure the COE (Certificate of Entitlement) and PARE (Preferential Additional Registration Eee) value of their vehicles. as the Registry of Vehicles has liberalised claim procedures in theft
      457 words
    • Article
      TDB commits $2m to help 25 home-grown franchisors
      292 2  -  By Joycelyn Shu THE Trade Development Board has committed more than $2 million to help some 25 home-grown franchisors in their overseas franchising development and marketing, said David SS Chin. TDB's deputy chief executive officer (development). Mr Chin was speaking at Franchise
      292 words
    • Article
      Editor thought of OSA only after article's publication: A-G
      428 2  -  The OSA trial Reports by Ramesh Divyanathan A TTORNtY-GKNLR A L Chan Sck Keong said yesterday that Hum new limes editor Patrick Daniel did not consider the Official Secrets Act before the paper's alleged publication of classified data on June 29.
      428 words
    • Article
      Did Foo know what flash estimates mean?
      239 2 RAYMOND Foo's reply to a statement by his boss Manu Bhaskaran showed that he knew about elassified economic data known as "flash estimates", Attorney-General Chan Sek Kcong said yesterday. Mr Chan said that when Bhaskaran said he might have seen "a figure of
      239 words
    • Article
      CASE FILE
      152 2 On trial: Five men who face II charges of breaching the Official Secrets Act. One is charmed with endangering the \ecrecy of classified documents and the other four with communicating and/or receiving the government 's 4. ft per cent flash estimate of second-quarter IW2 economic grow th before
      152 words
    • Article
      Use of E-mail showed James knew data was important: A-G
      270 2 HI SISFSS FIMFS correspondent Kenneth James' use of an electronic-mail (E-mail) system to communicate classified data shows that he attached importance to it. Attorney-General Chan Sek Keong said yesterday. The AG said that the Email message of Singapore's 1992 second
      270 words
    • Article, Illustration
      United Artists to set up $smdnema complex at Junction
      351 2  -  Three cinemas with total 1,100 seats scheduled for May '95 opening By Lilian Aug CINEMA operator United Artists Theatre Circuit has teamed up with the UK-listed Wilton group to launch its first cineplex in Singapore. The partners yesterday sealed an agreement
      351 words
    • Article
      Global arm of Ernst & Young chooses S'pore as regional HQ
      149 2 Global arm of Ernst Young chooses S'pore as regional HQ ERNST and Young, the financial and management consultancy firm, has choscn Singapore as its Asia-I'acific regional office for its international arm. Ernst and Young International (EYI). The firm, with its head of- fice in New York, has also announccd that
      149 words
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      196 2 get mo of ar~ THAT BULGE K /limr mmm m MfIMM MM HM V firm up M JJlßlff BULGES AND DROOPS FOR ALL! The unique Marie France system allows treatment to be concentrated on any part of the body where fat is Now, for another week, Marie France is focusing
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Debate on Thai constitution kindles fears of crisis
      457 3 Reuter BANGKOK Thai government officials yesterday played down fears among some academics and politicians that this week's parliamentary debate on constitutional changes could trigger a new crisis between pro-democracy forces and the military. One of the key amendments to be discussed in
      Reuter  -  457 words
    • Article, Illustration
      Lock icon Ramos on Vietnam visit to discuss trade, regional security, Asean membership
      420 3 AP HANOI President Fidel Ramos of the Philippines met yesterday with Vietnamese leaders to discuss regional security, economic issues and the communist country's potential for full membership in Asean. It was a historic visit the first by a ranking
      AP; Reuter  -  420 words
    • Article, Illustration
      Omni plans to open 15 more hotels in region
      455 3  -  By A J Leow SINGAPORE Hongkongbased Omni Hotels plans to add 15 more hotels to its existing five in the Asia-Pacific by the year 2000. The company's vice-presi-dent for development (AsiaPacific), Jeffrey Flowers, yesterday said that Omni was negotiating with potential
      455 words
    • Article
      Lock icon Khmer Rouge says it is ready for talks to end civil conflict
      317 3 AFP PHNOM PENH The ultranationalist Khmer Rouge said yesterday it was willing to work for a negotiated settlement of Cambodia's civil conflict after the fall of its "capital," Pailin, to government forces last week. "We are going to
      AFP  -  317 words
    • Article
      Lock icon Viet economy likely to expand 8pc this year
      161 3 AP HANOI Vietnam's economy is expected to expand 8 per cent this year, up from 7.5 per cent in 1993 but well short of the 9 per cent forecast last week by the Asian Development Bank, the Finance Ministry said yesterday. In
      AP  -  161 words
    • ASIA NOTES
      • Article
        Lock icon Thailand to buy third nuclear reactor
        89 3 Bernama-Xinhua BANGKOK Fhc Thai government plans to buy a third nuclear reactor costing US$lBO million (SS2B6 million), according to the Thai Office of Atomic Lnergv for Peace. Secretary-Gen-eral Suchat Mongkolphantha said that the reactor would be built in Nakhon Nayok Province, about KM) kilometres
        Bernama-Xinhua  -  89 words
      • Article
        Lock icon Hanoi, Beijing to discuss Tonkin dispute
        76 3 AFP HANOI Vietnam and China agreed last week on a timetable to discuss disputed territory in the Gulf of Tonkin, one of several areas claimed by both countries, officials said here yesterday. The agreement was signed here at meetings lasting from Tuesday to Friday
        AFP  -  76 words
      • Article
        Lock icon Acheh to help Langkawi in tourism
        65 3 Bernama LANGKAWI The Acheh district in Indonesia will cooperate with Langkawi in various areas, especially tourism, in line with the Indonesia-Malaysia-Thailand Growth Triangle concept. District Tourism. Posts and Telecommunications Department chairman Dr Darwis Toawi said yesterday. The on-going Langkawi Festival was one of the
        Bernama  -  65 words
      • Article
        Lock icon Japan's household spending up 2.7 pc
        102 3 Reuter TOKYO Japan's household spending in January inereased 2.7 per cent in real terms from a year earlier to an average 328.431 yen per household, the government's Management and Coordination Agency said. In nominal terms, household spending rose 3.8 per cent from a year
        Reuter  -  102 words
      • Article
        Lock icon Emergency food aid for Laos
        99 3 AFP BANGKOK The World Food Programme (WFP) announced yesterday it would provide emergency food aid for more than 41,000 people facing drought-related food shortages in Laos. The announcement of the US$l million (551.58 million) aid plan followed an announcement earlier by the UN Food and
        AFP  -  99 words
      • Article
        Lock icon Protests against Thai expulsions
        81 3 AFP GENEVA The UN High Commissioner for Refugees Sadako Ogata issued yesterday a strong protest to Thailand over its forced repatriation of some 25.000 to 30.000 Cambodian refugees into Khmer Rouge-held territory. In a letter addressed to Thailand's Foreign Minister Prasong Soonsiri. Ms Ogata took "strong
        AFP  -  81 words
    • Article
      Lock icon Peregrine to help build US$ lb power plant in Vietnam
      259 3 Bloomberg Business News HONGKONG Hongkong financial services group Peregrine Capital Investment plans to help build a USSI billion (551.59 billion) power plant in Vietnam, a company spokesman said. "We are in discussions with the Vietnam government about a power plant
      Bloomberg Business News  -  259 words
    • Article
      Lock icon Bank Indonesia signs US$ 500m syndicated loan
      271 3 AFP JAKARTA Bank Indonesia (Bl). the central bank, has signed for a syndicated loan totalling US$5OO million (***** million) from 65 foreign banks to shore up its standby loan, the Bl said yesterday. The loans, signed in Frankfurt. Germany, would be used to
      AFP  -  271 words
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      221 3 V A FRENCH j®PROPERTY *"/if FRANCE IS THE WORLD'S 4 T" NO. 1 TOURIST DESTINATION |J1 J f 'I I WITH MORE THAN S7 I I 1 1 iI/ I j MILLION VISITORS IN 1992. MM M TAKE YOUR PICK OF CHOICE city apartments in paris. iHSfVI Compagnic Immobilicrc Phenix
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon International group wins dam contract
        79 4 Reuter BEIJING China's Three Gorges Dam will give an international consortium which includes Chinese partners the contract to build 12 of the dam's 26 generators, with the rest being awarded to domestic contractors, the II en Hm Hao newspaper said yesterday. The consortium's Chinese partners
        Reuter  -  79 words
      • Article
        Lock icon China's first credit guarantee firm
        72 4 Reuter BEIJING China's Finance Ministry and the State Economic and Trade Commission have set up the country's tirst credit guarantee firm, the Economic Daily newspaper said yesterday. China National Investment and Guaranty Corp has a registered capital of 500 million yuan (5590.4 million) and USSIB
        Reuter  -  72 words
      • Article
        Lock icon China to launch five satellites this year
        98 4 Reuter BEIJING China plans to launch five domestic and foreign satellites this year aboard its Long March carrier rockets, the official Worker's Daily newspaper said yesterday Beijing's launch industry first won international attention with the April 1990 launch of the Asiasat satellite owned
        Reuter  -  98 words
      • Article
        Lock icon Fund-raiser for Chinese street children
        79 4 AFP BEIJING China plans to hold a fund-raising programme next month in an effort to eurb the sharply rising number of street children in the country, the official China Daily said yesterday. The new programme will attempt to raise funds both in China and abroad
        AFP  -  79 words
      • Article
        Lock icon Beijing stockpiling consumer goods
        115 4 AP BEIJING The government is stockpiling key consumer goods as part of a plan to tame inflation, an official newspaper said yesterday. Retail prices were up 20 per cent in January and February from a year earlier, and the government is trying to bring it down
        AP  -  115 words
      • Article
        Lock icon Light sentence for Taiwanese
        102 4 AFP HONGKONG A Taiwanese businessman has been given a two-year suspended sentence by a Chinese court for his "responsibility" for a fire in his factory in which 61 workers died last year, it was reported yesterday. Mai Ziwen, owner of Gaofu Textile Co Ltd, in the
        AFP  -  102 words
    • Article
      Beijing to act on real estate worries of foreign investors
      481 4  -  By Schutz Lee SINGAPORE The Chinese government will seek to ensure that the returns on real estate investments are higher than those of other countries. Officials of the State Land Administration (SLA) yesterday said that in keeping with this objective,
      481 words
    • Article
      China may exempt some real estate projects from gains tax
      386 4  -  By Teh Hooi Ling SINGAPORE The Chinese government may exempt real estate development projects contracted before 1994 but due for completion in the next three years from a controversial capital gains tax. The former director-general of the State Land Administration,
      386 words
    • Article
      Lock icon Beijing, Seoul setting up panel to boost trade ties
      181 4 AFP BEIJING China and South Korea yesterday agreed to launch a government committee on bilateral industrial cooperation to boost the alreadybooming trade and investment between the two countries. The agreement was reached at a trade ministers' meeting between South Korea's Kim
      AFP  -  181 words
    • Article
      Lock icon HK's pro-democracy party have citizens' support: poll
      250 4 AP HONGKONG Pro-democ-racy candidates, who swept Hongkong's first legislative elections in 1991. would repeat their victory if new elections were held now. An opinion poll for the South China Morning Post yesterday showed 29.9 per cent of respondents supported the United Democrats. Hongkong's
      AP  -  250 words
    • Article
      Lock icon China to introduce new trade arbitration code
      262 4 AFP BLUING China is to introduce' a new arbitration code for international commercial disputes in June, bringing the country closer in line with Ciatt practice, a trade official said yesterday. The China International Economic and Trade Arbitration Commission (Cietac) spokesman said by phone
      AFP  -  262 words
    • Article, Illustration
      Lock icon No to too many public bonds
      69 4 AFP TAIPEI Chu Hsin-yu, a Member of Parliament in Taiwan's main opposition Democratic Progressive Party, displaying a poster yesterday at a parliamentary meeting demanding that the government stop issuing public bonds in excess. Mr Chu believes this would create a Financial burden for the
      AFP  -  69 words
    • Article
      Lock icon Tricksters in Guilin giving tourist resort a bad name
      262 4 Reuter BEIJING Cheats in one of China's top resorts are fleecing tourists with swindles like the "free" USSSOO (SS79O) karaoke session. The China Consumer A'cws yesterday said the scenic southern mountain town of Guilin had become such a haven for tricksters
      Reuter  -  262 words
    • Article
      Lock icon HK February trade deficit rises to HK$ 6.4b
      225 4 Bloomberg Business News HONGKONG The British colony's trade deficit rose to HK56.47 billion (SSI.3 billion) in February this year from HKS4.4B billion in February last year, according to provisional figures released by the Hongkong government's Census and Statistics Department yesterday. Total exports
      Bloomberg Business News  -  225 words
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      315 4 For more than a century and a half, Patek Philippe has been known as the finest watch in the world. The reason is very simple. It is made differently. It is made using skills and techniques that others have lost or forgotten. It is made with attention to detail very
      315 words
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  • REST OF ASIA
    • Article
      Lock icon Developing countries urge rich nations to open dialogue
      399 5 AP NEW DELHI Fifteen developing countries yesterday called for a dialogue with rich nations for greater access to technology and markets, but criticised what they saw as their moves to dominate world trading rules. Opening a meeting attended by six chiefs of
      AP  -  399 words
    • Article
      Lock icon Japanese ex-minister may be denied bail in bribery case
      248 5 Reuter TOKYO A former Japanese construction minister arrested in a builders' bribery case could remain in custody after he is formally indicted. Kyodo news agency yesterday that in the year-long investigation into the cash-for-con-tracts case, prosecutors had arrested more than 30
      Reuter  -  248 words
    • Article
      Lock icon Facility investment by S Korean firms up sharply this year
      234 5 AFP SEOUL Enhanced by favourable economic indicators, major South Korean firms have set their facility investment this year at US$2B million (Ss44 million), up 45 per cent from a year ago. says an industrial forecast published yesterday. The 1994 projection
      AFP  -  234 words
    • Article
      Lock icon Seoul pushed for N-arms plan in 1991: legislator
      282 5 AFP SEOUL South Korea tried to push for its own nuclear weapons programme in 1991 under then-president Roh Tae Woo to counter a nuclear threat from North Korea, a ruling party legislator said yesterday. Mr Roh showed his intention to develop nuclear
      AFP  -  282 words
    • Article, Illustration
      Lock icon Having fun on Holi day
      36 5 Reuter BOMBAY Children enjoying themselves as they spra>ed colour on each other to celebrate the festival of Holi on Sunday. Holi is the festival of spring in the Hindu calender. Reuter
      Reuter  -  36 words
    • Article
      Lock icon Aussie economy set to worsen with poorer trade figures, say analysts
      314 5 AFP SYDNEY Australia's economy will sink further into the red as the trade balance deteriorates and interest rate hikes push up the cost of foreign loans, economists said yesterday. Market forecasts are centred on the seasonally-adjusted current account deficit
      AFP  -  314 words
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      267 5 THE PANASONIC NEURO FUZZY LOGIC COPIER COMES WITH A BUILT-IN SERVICEMAN. The Panasonic Neuro Fuzzy Logic Copier uses and no visible deterioration in copy quality. production cycle has resulted in Matsushita advanced computer technology that's based on Instead, what you get is quick, clean copies Electric Industrial Co. Ltd.. Office
      267 words
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  • REGIONAL FOCUS
    • Article, Illustration
      US-India ties: still no signs of bonding
      1348 6  -  From Leon Hadar The writer is BT's II ashin\iton correspondent in WASHINGTON INDIAN economist Jagdish Bhagwati became an American citizen in 1992. He then registered himself as a Democrat and tor the first time voted in a US presidential election. It was not
      1,348 words
    • Article, Illustration
      Reforms have yet to take hold at the state level
      648 6  -  From Shiv Taneja in NEW DELHI AS international conferences go. the recently concluded Euromoney Conference on "Integrating India into the World Economy" in New Delhi last week had to be one of the most successful ever held. The 7(M)-odd Indian
      648 words
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      161 6 I PARTICIPANTS I I Yunnan Minmetals Chemicals Imp Exp (Group) Corp. I I Yunnan Native Produce Imp Exp Corp. H I China Tuhsu Yunnan Tea Imp. Exp. Corp. H Yunnan Machinery Imp Exp Corp. H I Yunnan Provincial Textiles Imp Exp Corp. I I Yunnan Provincial Cereals Oils Foodstuffs I
      161 words
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  • THE WORLD
    • Article
      Lock icon Italian markets soar as punters bet on clear winner in polls
      340 7 Reuter MILAN Italy's financial markets surged yesterday as rumours swirled around dealing rooms that the country's general elections would produce a clear winner capable of forming a majority government. Voting 'is still underway on the second day of the
      Reuter  -  340 words
    • Article
      Lock icon Craxi trial begins today after elections for new Italian leadership
      256 7 Reuter MILAN Former prime minister Bettino Craxi, one of the symbols of a disgraced generation of politicians, goes on trial for graft today hours after elections to choose a new, untainted leadership for Italy. The former Socialist boss is accused
      Reuter  -  256 words
    • Article
      Lock icon Zhirinovsky-backers planning coup, says Russian DPM
      268 7 Reuter LONDON Russian Deputy Prime Minister Anatoly Chubais said extremists were planning a coup in Russia to put nationalist leader Vladimir Zhirinovsky in power. Mr Chubais told British Broadcasting Corporation television he had no doubts about the coup plot, although there was no evidence
      Reuter  -  268 words
    • Article, Illustration
      Lock icon Miniature magic
      44 7 AFP GRUIBINGEN, Germany Roland Klenk yesterday adjusting one of the spires on his detailed model of the Cologne Cathedral. The model, 75 times smaller than the original, is estimated to hate 2.5 million pieces and took some 15,000 hours to assemble. AFP
      AFP  -  44 words
    • Article
      Lock icon Swedish opposition to EU membership rises to 54pc: poll
      161 7 Bloomberg Business News S TOCKHOLM Swedish opposition to membership of the European Union grew to 54 per cent in March from 52 per cent in February. A survey in the Dagens InJuslri newspaper, published yesterday, showed the first increase in opposition
      Bloomberg Business News  -  161 words
    • WORLD WATCH
      • Article
        Lock icon Arab League to lift S African boycott
        87 7 AFP CAIRO The 22 Arab League states decided here last Sunday to lift their political and economic boycott of South Africa ahead ol that country's llrst all-race elections next month. A resolution passed by the foreign ministers of the League gave approval to
        AFP  -  87 words
      • Article
        Lock icon Don't start China trade war, US told
        106 7 AFP MEXICO CITY Former British prime minister Margaret Thatcher has warned the US against starting a trade war with China because ol Beijing's importance in bringing North Korea back into the non-nuclear fold. In an interview published last Sunday in the daily bxedsior.
        AFP  -  106 words
      • Article
        Lock icon Auditing firms in Russia need licences
        99 7 Reuter MOSCOW Foreign and local auditing firms operating in Russia will be required to have licences by January 1995 under tighter regulations aimed at bringing standards in the sector up to western levels, auditing officials said yesterday. Jennifer Gold, a senior oflicial with Arthur
        Reuter  -  99 words
      • Article
        Lock icon Russian inflation 6.3 pc in March
        114 7 Reuter MOSCOW Russian inflation was 6.3 per cent in the first three weeks of March, a government statistical report said yesterday. It gave no comparisons for the month before or vear-ago figures. Monthly inflation fell to an 18-month low of 9.9 per cent in
        Reuter  -  114 words
      • Article
        Lock icon French TV joins unemployment fight
        100 7 Reuter PARIS French state television yesterday joined the fight to curb unemployment affecting a record 12.2 per cent of the work force, including a quarter of all young people. Teleemploi (Jobs TV) has started broadcasting job olTers. tips for the jobless and reports about unemployment
        Reuter  -  100 words
    • Article
      Lock icon Hurd seen as caving in over EU minority veto
      282 8 AFP LONDON The tentative compromise on the minority veto in the European Union when it swells to 16 nations next year, thrashed out by EU foreign ministers last weekend, was tagged a "surrender" by the press here yesterday. British Foreign Secretary
      AFP  -  282 words
    • Article
      Lock icon US middle class burdened by high debt
      541 8 Such overstretched families may put a powerful brake on the recovering economy, analysts fear NYT WASHINGTON New figures from the Federal Reserve show a weak spot in the economie recovery: the heavy burden of debt being carried by the working middle class. While
      NYT  -  541 words
    • Article, Illustration
      Lock icon Carrying out their duties
      69 8 Reuter MANNHEIM, Germany Policemen arresting a protester during a Kurdish rally here on Sunday. The rebel Kurdistan Workers Party had called the rally to mourn two women who died after setting fire to themselves last week to protest German arms sales to Turkey. Up to 10,000
      Reuter  -  69 words
    • Article
      Lock icon Balladur offers to suspend youth wage laW for two weeks
      374 8 Reuter PARIS French Prime Minister Edouard Balladur met associations fighting against his government's youth wage law yesterday and offered to suspend for two weeks the controversial legislation which would cut wages for young people in job training. However, he refused
      Reuter  -  374 words
    • Article, Illustration
      Lock icon UK recovery is for real, says chancellor Clarke
      295 8 Reuter LONDON Chancellor of the Exchequer Kenneth Clarke said the economic recovery "is for real, it's getting stronger and it's going to last." Mr Clarke, in a television interview, said that "unemployment is down 220.000 on 12 months ago. we've got inflation
      Reuter  -  295 words
    • Article
      Lock icon Ex-Russian minister attacks IMF loan pact, says money will be eaten up in minutes
      280 8 FT MOSCOW Boris Fyodorov. the former Russian deputy prime minister in charge of finance. has launched an attack on the agreement reached last week by the International Monetary Fund to provide a US$l.5 billion (552.37 billion)
      FT  -  280 words
    • Article
      Lock icon Stagnant Germany will delay Europe recovery: report
      483 8 FT LONDON German economic "stagnation" will hold back recovery across Europe, according to a report published yesterdav bv Barclays Bank of the UK. Bonn's problems in the financing of eastern Germany, and a continuing fall in industrial competitiveness, mean that real gross national
      FT  -  483 words
    • Article
      Lock icon Heavy turnout in first Ukraine election
      230 8 Reuter KIEV A heavy turnout in Ukraine's first post-Soviet parliamentary election confounded pundits who had predicted that voters disheartened and impoverished by economic decline would stay away from the polls. President Leonid Kravchuk may also have been surprised that three-quarters of the 36 million
      Reuter  -  230 words
    • Article
      Lock icon Brazil govt dispute over civil service pay rise may worsen
      218 8 Reuter RIO DE JANEIRO A confrontation between the three branches of Brazil's government could worsen this week when the Supreme Court rules on a motion brought by civil servants for higher salaries. The crisis erupted when President Itamar Franco blocked
      Reuter  -  218 words
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      309 7 Editorial: The Italian Job, Pg 16 <$> the the Award, for standards Technophone now the handphone operates on the telephone standards for The by Technophone a true IDD handphone every offers clarity, better more to the technology, featurespacked Module for personal phone messages can only be by your An code
      309 words
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      78 8 uni-liall XXL a c lhe new rotter-pen /M with improved Mm features Fade resistant, waterproof ink Redesigned point makes Mm mtes to writing even smoother Ink colours: Elegant contem- black> blue red porary styling XL Models available: micro U8135 fine UB 137 Available at stationery book shops, department stores and
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      104 8 WESTERN SAMOA Bj— long term international BHJ3M|LIiJM companies are the most cost effective solution for your offshore company structure. Available at an effective annual cost We also provide offahore companies from: from as low as US$4OO Brittoll ytagta bUnd. per annum. Full nominee, Cook Islands management, secretarial and administration offshore
      104 words
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  • SPORTS
    • Article, Illustration
      Lock icon The Shark smashes record to win Players Championship
      345 9 Golf Reuter PONTE VEDRA BEACH. Florida Greg Norman knocked six strokes off the previous tournament record to win the USS2.5 million (SS3.9 million) Flayers Championship on Sunday with a remarkable 24-under-par 264 total. Norman shot a final-round five-under-par 67 this third consecutive
      Reuter  -  345 words
    • Article
      Lock icon Giant killer Hack claims Houston title
      383 9 Reuter HOUSTON. Texas Sev-enth-seeded German Sabine Hack withstood a strong start by fourth seed Mary Pierce of France to win the Virginia Slims of Houston title with a 7-5 6-4 victory on Sunday. The 19th-ranked Hack, who had upset top-seeded Spaniard Conchita Martinez on
      Reuter  -  383 words
    • Article, Illustration
      Lock icon The old, the new and the winners
      778 9  -  From Shahiron Sahari in HONGKONG THE 19th Cathay PacificHongkongßank Invitation Sevens over the weekend was all about the old and the new. Watched by a record 40,000 crowd at the new Hongkong Stadium, last year's new champions Western Samoa lost in the semifinal
      Reuter  -  778 words
    • Article
      Lock icon Aoki caught out by obscure rule
      329 9 AFP KINGSWOOD. Texas Japan's Isao Aoki was disqualified from the Doug Sanders Classic Senior PGA Tour golf tournament on Sunday for signing an incorrect scorecard. Aoki. who had a one-shot lead over Tom Wargo at the start of play, had played two holes before
      AFP  -  329 words
    • Article
      Lock icon Magic brings showtime back to Lakers in coaching debut
      683 9 AP INGLfcWOOD. California The standing ovation lasted two minutes, and that was just for basketball superstar Magic Johnson walking to the Los Angeles Lakers' bench after the anthem. When his name was announced moments later, and the song. Feel (khk!, came
      AP  -  683 words
    • SIDELINES
      • Article
        Lock icon Niemann breaks 10,000 m record
        107 9 AP CALGARY. Alberta German speed-skating star Gunda Niemann broke the world record for the women's 10.000 m by more than a minute on Sunday at an Olympic invitational meet here. Her time of 14mm 22.605 ec broke the previous world mark of 15:25.25. set in
        AP  -  107 words
      • Article, Illustration
        Lock icon Akebono wins Emperor's Cup
        49 9 Reuter OSAKA. Japan Yokozima Akebono (Hawaiian Chad Rowan) sending a grimacing maegasliira ranked wrestler Takatoriki to the dohyo as he wins a three-way play-ofT on Sunday for the Emperor's Cup at the Spring Grand Sumo tournament here. It was 24-year-old Akebono's seventh overall tournament title.
        Reuter  -  49 words
      • Article
        Lock icon Morrison stops Scott with uppercut
        130 9 AP TULSA. Oklahoma Tommy Morrison's return to Tulsa was a success on Sunday night as he stopped Bryan Scott 1:37 into the second round with a jolting right uppercut. Morrison cut Scott's left eye in the first round with a right uppercut but Scott appeared
        AP  -  130 words
      • Article
        Lock icon Andrews out-duels Davies
        151 9 AFP RANCHO MIRAGE. California Donna Andrews sank a 2 m birdie putt at the 18th here on Sunday to seal a one-shot victory over England's Laura Davies in the Dinah Shore Open women's golf tournament. The two had battled for the lead all day. with never more
        AFP  -  151 words
      • Article
        Lock icon India's Tendulkar hailed by NZ press
        184 9 AFP AUCKLAND New Zealand might have lost a humiliating defeat here on Sunday but India's master batsman Sachin Tendulkar was being hailed yesterday as being "magnificent" and bordering on "genius". India defeated New Zealand in the second one-day match but the sports press here
        AFP  -  184 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        35 9 Reuter NEW YORK NBA Sunda>. New York 111 Orlando 90: Boston 124 Philadelphia 122 (OT): Cleveland 111 Detroit 99: Phoenix 113 Houston 98: LA Lakcn> 110 Milwaukee 101: San Antonio 107 PORTLAND 95 Reuter.
        Reuter  -  35 words
      • Article, Illustration
        Lock icon Cricket
        274 9 AFP PORT-OK-SPAIN, Trinidad Scoreboard at close of pla\ on the third day of the Third Test between the West Indies and England at the Queen's Park Oval here on Sunday. West Indies won the toss. West Indies First Innings: 252 (R B Richardson 63. ARC Fraser 4-49. CC Lewis
        AFP  -  274 words
      • Article, Illustration
        Lock icon Golf
        397 9 Reuter AP AFP PONTK VEDRA BEACH, Honda Players Championship final scores Sunda> (IS unless noted): 264 Greg Norman (Aust) 63 67 67 67; 268 Fuzzv Zoeller 66 67 68 67; 271 Jeff Maggert 65 69 69 68: 276 Hale Irwin 67 70 70 69: 277 Nick Faldo (Brit) 67
        Reuter; AP; AFP  -  397 words
      • Article, Illustration
        Lock icon Ice hockey
        55 9 AP NEW YORK NHL Sunday: Detroit 3 Chicago 1: Boston 6 Washington 4: Dallas 2 Tampa Ba\ 2: Winnipeg 3 NY Rangers 1: Vancouver 4 Los Angeles 3: Buffalo 4 Islanders I: San Jose 4 St Louis 3: Anaheim 3 Philadelphia 2 (OT): Edmonton 5 Pittsburgh 3: New
        AP  -  55 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      96 10 Marine Partner. Our new state-of-the- chartered by BP MARINE, she is the first The new barge also maintains health, art lubricant barge can reduce the time lubricant barge of her kind to accommodate safety, and environmental standards well needed to service your vessel by as much as bulk storage, tote
      96 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      88 11 Congratulations Best Wishes for the Christening Launching of "MARINE PARTNER" 'Were proud to be the builder... {Another Milestone Achieved >aL< tit Mil A RB PRESIDENT MARINE (PTE) LTD PRESIDENT MARINE 15D Pandan Road, Singapore 2260 Tel: *****18 (10 lines) Telex: RS ***** PREMAR Fax: *****41 CONGRATULATIONS We are proud to
      88 words
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      Page 11 Advertisements Column 2
      36 11 We are proud to be the selected Manufacturer of deck equipment for Ocean Tanker's vessel M.T. "Marine Partner" PLIMSOLL FLEETWINCH PTE LTD No. 30 Gul Road, Singapore 2262 Tel: (65) 861 3922 Fax: (65) 862 4334
      36 words
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      Page 12 Advertisements Column 1
      807 12 Nothing Beats A Bikl. Btciyfl where to wine, dine and entertain OF nn 111 nCHIHE A good reason to visit Mischief the fun pub From spm to Bpm daily, beer and house pouring drinks are at only S3.so++ each. Mischief is open from 11 am to lam daily (till 2am
      807 words
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      Page 12 Advertisements Column 2
      435 12 Nonya Fare Thnang fFlair At the Chatterbox Bite into the goodness of Penang Nonya fotnl at the Chatterbox this Bth to 1 ~?th April Chefs specially flown in from I'enang Muttara Beach Resort, will whip up nonya specialities and a whole lot more All set to tickle your tastebuds !\iU
      435 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Making movies that entertain
      622 13  -  Steve Murray talks to director Ron Howard about his latest film The Paper Steve Murray NYT AT THE start of The Paper, opening in the US on Friday. Coca-Cola gets compared to battery acid. "Everybody thinks we must have gotten a bunch of money from Coca-Cola,"
      NYT  -  622 words
    • Article, Illustration
      Lock icon Roseanne shows her soft side
      410 13 UPI UPI UPI ROSEANNE ARNOLD has developed a reputation for being temperamental and mowing down anybody who gets in her way on or off the set of her sitcom, Roseanne, but a recent request from a fan gave her the opportunity to show her soft
      UPI  -  410 words
    • Article
      Lock icon Streisand concert seats sell out in one hour
      378 13 Reuter THE CHANCE to see Barbra Streisand in concert, even at a price of up to US$35O (SSS6O) a seat, proved irresistible to millions last Sunday as they stood in long lines and tied up telephone circuits for tickets to see the
      Reuter  -  378 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      117 13 A toast to Sunday. Now when you brunch at Capers you'll find more than sumptuous Asian and Continental favourites for only $32 per adult and $16 for children under 14. The $55 Champagne Brunch includes a bottle of the bubbly for two. Cheers! Singapore I i A Four Seasons Recent
      117 words
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      Page 13 Advertisements Column 2
      99 13 PRESENTING^ Singapore's celebrity sexy and vivacious )udy now back the Lounge to scintillate you. Accompanied by two equally dynamic backup singers, they will Cantopop, evergreens and popular contemporaries in English, Mandarin, (apanese and Catch them 7.00pm Sundays. I —z&fyzz Hippy Hours 5 00pm 8 00pm 150% oH .a sUndard fir
      99 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1242 13 TV A RADIO Firewalker, 11pm, SBCS Melody Anderson needs too men treasure Mercenary Louis render asfollow 1986 bomb. Earthvisiofls Living /V. ifjf Dangerously, 9pm, SBC 12 m "I Mj i Drought kills a in Kenya *A f IflKf^flH^^^H forces the giraffe to seek |V ft' green r r J aB
      1,242 words
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  • PROPERTY & CONSTRUCTION
    • Article
      HDB shopowners: What is good for us is good for all
      698 14  -  Federation of Merchants' Association seeks 80pc govt funding to upgrade HDB shops. Sylvia Wong reports Sylvia Wong WITH upgrading being the watchword in HDB properties now, shopkeepers in HDB estates want to get into the act too. Last weekend,
      698 words
    • Article, Illustration
      Lock icon Chong Pang City is streets ahead in serving shoppers
      284 14 DETRACTORS of the Federation of Merchants' Association's grand retail vision of HDB shopping should visit Chong Pang City, said the association. Marked by two Chinese gateways enclosing landscaped gardens and two rows of privately owned shops, Chong Pang City is hailed
      Photo by Chris Loh  -  284 words
    • Article
      Malaysian, Thai building industry to continue to be buoyant, says CIDB
      489 15  -  By Abdul Hadhi THE construction industry in Malaysia and Thailand will continue to post double-digit growth this year, the Construction Industry Development Board says. In its recently released Asia-Pacific Construction Report. the CIDB gave an analyfis of regional markets
      489 words
    • Article, Illustration
      Lock icon Forecast of condo demand back to normal in a year or two
      304 15 Bernama THE Malaysian Institute of Estate Agents (MIEA) is confident that the market for condominiums in the country, badly hit by the Highland Towers collapse tragedy. would return to normal in a year or two. MIEA President Khatijah
      Bernama  -  304 words
    • REGIONAL SKYLINE
      • Article
        Intercon to buy hotel chain in China
        76 15 CHINA Intercontinental Hotels group plans to acquire a chain in China, says The South China Morning Post. The group is negotiating with a mid-size mainland chain to take over its operations and a deal is expected to be finalised in a couple of
        76 words
      • Article
        Lock icon Work on second airport delayed
        66 15 Bangkok Post BANGKOK Building work on Bangkok's second international airport at Nong Ngu Hao has been delayed and the project may not be completed by the year 2000 as planned. Work has been put back by an unspecified period because the Airport Authority of Thailand
        Bangkok Post  -  66 words
      • Article
        Lock icon Thai construction firm plans expansion
        88 15 The Nation BANGKOK Construction company Italthai Industrial plans to expand into more provinces to benefit from the Thai government's policy to accelerate income distribution in rural areas. The company has operations in Lampang, Hat Yai and Nakhon Ratchasima provinces. Its first move will be into
        The Nation  -  88 words
      • Article
        Lock icon Seabil buys Auckland office Mock
        51 15 Australian Financial Review AUCKLAND Seabil New Zealand, a joint venture between Brierley Investments and Hongkong interests, has bought a 15storey Auckland office building. Lufthansa House, for NZ$7.7 million (556.2 million). It was bought from developer Main/.eal Group on a yield of 9.67 per cent. Australian
        Australian Financial Review  -  51 words
    • Article, Illustration
      Techparks makes its mark in building high-tech facilities
      828 15  -  In the pipeline are 10 new projects worth $804 m. reports Lilian Ang Lilian Ang Technology Parks, once seen as only an offshoot of industrial estate developer Jurong Town Corporation, is steadily building its own name in the local property market. In
      828 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      167 14 CALLING ALL CORPORATE CHIEFS! Make The New Paper Bio Walk f 94 Your Company Event WIN OVER $150,000 WORTH OF PRIZES, INCLUDING AN OPEL CORSA SWING. The New Paper Big Walk '94 is big. After all/ healthy staff make for a Big in fun and excitement. Big in healthy company!
      167 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      86 15 FOR SALE BY INTERNATIONAL TENDER An Outstanding City Investment^gg^^ Cinema City Arcade 580 HAY STREET, PERTH WESTERN AUSTRALIA Outstanding CBD Cinema/Retail Complex. FAX: (Qg) 481 1296 Current net income approx. $1.42 M. contact JOHN CORBETT Over 50% of the income paid by a or GARY RYAN prime anchor tennant on
      86 words
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      Page 15 Advertisements Column 2
      61 15 ETheSfcraitsTimes ven if you are Buanesiira in Taiwan, we can still bring you our latest news. 3*> mam I We are now in Taiwan tK Grand Hotel Brother Hotel jjf§ Lai Lai Sheraton Magnolia Hotel Taipei Hilton Hotel tss— A| 6r«rt Hyatt EESmSMMBBB South Asia Publications (Taiwan) i 3/F, No.
      61 words
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  • Article
    The Italian job
    448 16 EDITORIAL THE football chant Form ltalia\ Go for it. Italy! is something all Italians can identify with. Despite its attendant violence. soccer remains a pre-occupation which gloriously unites the people of Italy, cutting across class and geographical divisions. With characteristic panache. Silvio Berlusconi has sought to translate
    448 words
  • WHAT THE OTHERS SAY
    • Article
      Movie art and acceptance
      262 16 AS Steven Spielberg basks in the honour showered upon him for his artistic achievements in producing Schindler's List, censorship authorities in a number of countries, especially those without a proper film classification system, are grappling with the difficult question of whether to show the film in
      262 words
    • Article
      Stop the senseless civil war
      175 16 TWO YEARS after the Mujahideen army captured power from the Soviet army, Afghanistan has gone from bad to worse. More than 11,000 people have been killed in bloody battles for power between President Burhanuddin Rabbani and Prime Minister Gulbuddin Hekmatyar. The renewed UN Security Council
      175 words
    • Article
      Serve consumers well
      154 16 THE PLAN to allow "every hawker to own his stall" will be realised soon when the government announces details on the sale of hawker stalls. This should be viewed as an extension of the plan to enable "every shopkeeper to own his shop". Hawkers who can eventually
      154 words
    • Article
      Overdue reforms at the UN
      151 16 ONLY THE severely myopic would contend that the United Nations, born out of the ashes of the Second World War, is serving all its 184 members effectively and satisfactorily, and should therefore be left alone to conduct its business undisturbed. There is no question that
      151 words
    • Article
      Let the private sector lead
      148 16 EVEN THOUGH the issue was outside the realm of the bilateral trade-framework talks, the settlement of the Japan-US row over the access of Motorola Inc's cellular telephones to the Japanese market is a welcome development. The agreement not only prevented Washington from announcing a list
      148 words
    • Article
      Give up playing 'globocop'
      131 16 WHEN President Suharto once again criticised developed countries for linking aid programmes with environmental and political conditions in an address the other day. he was joining the increasingly louder chorus of Third World leaders who steadfastly stand against pressures to bow to the Western countries' so-called
      131 words
  • Article, Illustration
    Lock icon Divining the meaning of 'neutral' interest rates
    957 16  -  Michael Prowse wonders what Fed chairman Alan Greenspan has in mind Michael Prowse FT THERE IS a question hovering like a dark cloud over financial markets. What does Alan Greenspan, the US Federal Reserve chairman, mean when he talks of a "neutral" level
    FT  -  957 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      155 16 I m m >4 We're giving away cash I equivalent to not one but three lots of the Nippecraft shares at It's easy, just guess the closing r_ I I strike price of the Nippecraft B I J W y J shares in the entry form, paste it on the
      155 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      89 16 I.»« ki<• YJ7* PkNN/THiHG-.J I'rn UPUTiHG TO Be. feps spmeTUixG ,>yoMes.73 yfg OFF... J MMMMMNynow £ic&_ *M< DOONESBURY GARRY TRUDEAU \*\ECtMBeR, 1993 7H5 BUT IF I DON'T BtTTERTHEY l W BUT TH&3S IWT #77- TIJPHTHEMCMR, MAK£6OM£- WWW 7£ I 1 I NOTHING IN I ffZ&WIU- I THPfIL- TURN THING OUT
      89 words
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  • ANALYSIS
    • Article, Illustration
      The imminent unveiling of Bank Negara
      1610 17  -  On Thursday, Bank Negara is expected to announce a Ms 6 billion forex loss in its 1993 annual report following a Mslo billion loss in 1992. Recounting how the central bank lost its erstwhile golden touch, Leslie Lopez says it may soon find its
      1,610 words
    • Article, Illustration
      Good times in Japan again — at least on the books
      916 17  - Good times in Japan again at least on the books Anthony Rowley explains why Japanese corporations should show a surge in profits in fiscal year 1994, whether sales go up or not Anthony Rowley The writer is BT's Tokyo C orresponJenl CORPORATE profits in Japan may rebound more sharply than
      916 words
  • Page 17 Advertisements
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  • Article
    Lock icon China approves second telecom network
    491 18 Eastern Express BEIJING China has taken the unexpected decision to improve the country's telecommunications by approving a second network and opening virtually all telecom services to competition. The decision came from the State Council and has the seal of approval of Prime Minister Li Peng,
    Eastern Express  -  491 words
  • Article
    Lock icon 30 killed as Zulus' polls protest turns violent
    206 18 AFP JOHANNESBURG Nearly 30 people were killed and more than 250 wounded in a day of virtual warfare in downtown Johannesburg when a rally by Zulu nationalists opposed to next month's all-race election erupted into violence. President Frederik de Klerk criticised organisers
    AFP  -  206 words
  • Article, Illustration
    Lock icon Up, up and away
    43 18 Reuter BANGKOK A huge octopus-shaped kite going up in the air at the Thailand International Kite Festival in Bangkok on Sunday. The kite belonged to the New Zealand team, one of a dozen countries participating in the event. Reuter
    Reuter  -  43 words
  • Article
    Lock icon Global oil futures plunge as Opec fails to agree on production cuts
    837 18 ENERGY REPORT Bloomberg Business News LONDON Oil futures plunged more than 90 US cents a barrel in London and New York yesterday after Opec failed to agree on output cuts to prop up sagging prices. Organisation of Petroleum
    Bloomberg Business News  -  837 words
  • Article
    Lock icon Inflation fall unlikely to prod Buba into cutting rates
    426 18 Reuter FRANKFURT The marginal drop in west German inflation this month is not dramatic enough to prod the Bundesbank to cut rates any faster. But economists yesterday said it showed that the positive trend in prices was continuing. They expected the
    Reuter  -  426 words
  • Article
    Lock icon Japanese traders held in illegal export scam
    193 18 AP TOKYO Police arrested two trading company presidents yesterday on suspicion of illegally selling China restricted high-technology electronic equipment that could be used for military purposes. The equipment, known as image intensifies, can be used in reconnaissance satellites to see objects in the
    AP  -  193 words
  • Article, Illustration
    Clinton needs to adopt more realistic Asia policy
    716 18  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, w here this commentary first appeared PRESIDENT Bill Clinton's muchvaunted Asia policy is in big trouble. Unlike his predecessor. George Bush. Mr Clinton understands the
    716 words
  • Article
    Lock icon US group: Don't link human rights with India trade
    335 18 Reuter NEW DELHI A group of leading American corporations said yesterday it opposed linking trade with India to hu-man-rights issues. Michael Gadbaw. vice-pres-ident and senior counsel of General Electric Company and vice-president of India Interest Group (IIG). said commercial relations between
    Reuter  -  335 words
  • Article
    Lock icon Hongkong probes grey market trading in Maanshan
    373 18 Reuter HONGKONG Hongkong's securities watchdog is probing grey market trading in the shares of Maanshan Iron Steel Co Ltd. Market sources yesterday said reports of the investigation were dampening pre-list-ing trading interest in Shang-hai-based Yizheng Chemical Fibre Co shares, due to start trading
    Reuter  -  373 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Inno-Pac reduces after-tax loss by 67pc to $7.08 m
      412 19  -  Loss-making companies By William Chia SINGAPORE Fast-food and paper trading group InnoPacific Holdings Ltd has reduced its after-tax loss by 67.7 per cent to $7.08 million for the year ended Dec 31, 1993. Inno-Pac, which released its final results yesterday, said
      Source: Bridge Info  -  412 words
    • Article, Illustration
      Lock icon Causeway in the red with $4.94 m loss
      267 19 SINGAPORE Industrial equipment supplier Causeway Investment Ltd has posted an after-tax loss of $4.94 million for the year ended Dec 31, 1993, against a profit of $660,000 previously. The company, which released its final results yesterday, said group turnover fell by 17.4
      Source: Bridge Info  -  267 words
    • Article, Illustration
      Lock icon Lee Kim Tah stays in red with turnover dive
      246 19  -  By Sylvia Wong SINGAPORE Construction group Lee Kim Tah Holdings stayed in the red last year to the tune of $857,000, after a 78 per cent dive in turnover to $59.21 million. No major project was completed during the year to
      Source: Bridge Info  -  246 words
    • Article
      CSA Holdings' profit rises 15pc, good year ahead seen
      219 19  -  By Joseph Rajendran SINGAPORE Computer firm CSA Holdings yesterday reported a 15 per cent increase in net profit for 1993, as most analysts expected. The group posted after-tax earnings of $7.10 million on a 36 per cent rise in turnover to
      219 words
    • Article
      China holds key to TVB's future growth
      880 19  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Hongkong's dominant broadcaster, Television Broadcasts Ltd (TVB), surprised the stock market last week with a set of better-than-expected results. Can its strong performance be repeated in the next few years? The short answer is that
      880 words
    • Article
      Orchard Parade's earnings soar, bonus declared
      464 19  -  ls Abdul Hadhi SINGAPORE Orchard Parade Holdings lifted its net profit almost five-fold to $15.4 million for the year to last Dec 31. In view of the strong performance, it has declared a one-for-one bonus issue. Also, it is planning a rights issue of
      464 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        46 19 Uncertain Market mood Market MihhJ indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Overnight events may alter sentiment. Brokers polled Barings. Dam a. Fraser. OK (Joh. Kay Ihan. Morgan (irenjell. I'hillip. Smith \e* Court. M'/ Can and SCi Warburg.
        46 words
      • Article, Illustration
        HOT STOCK
        157 19  -  By Paul Leo Fuji Offset has fallen below support at $1.20 twice recently, then gone back up. The first time was on March 21, when it slipped to $1.13 and then rebounded to close on the same day at $1.27. The same thing happened yesterday, when it dropped
        157 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Guthrie secures 53pc of Prests
          42 20 SINGAPORE Engineering group Guthrie GTS Ltd said that at 2pm yesterday, it had secured 53 per cent of its Australian takeover target, Prests Ltd. Guthrie now has 230,994 Prests shares, making Prests a subsidiary of the group.
          42 words
        • Article
          United International Securities' NTA
          25 20 SINGAPORE United International Securities announced yesterday that its net tangible asset backing per share as at Feb 28, 1994, was $1.87.
          25 words
        • Article
          Chua Kim Yeow to quit as SPH director
          47 20 SINGAPORE Singapore Press Holdings said yesterday that Mr Chua Kim Yeow will resign as director with effect from March 31. SPH said Mr Chua's resignation was accepted with deep regret and thanked him for his contribution to the group.
          47 words
        • Article
          Lock icon PMI secures Metrojaya majority stake
          114 20 Bernama KUALA LUMPUR Pan Malaysian Industries Bhd (PMI) and parties acting in concert with it have secured 50.64 per cent of the issued and paid-up share capital of Metrojaya. Arab-Malaysian Merchant Bank Berhad said in a statement here yesterday that this meant PMl's mandatory cash
          Bernama  -  114 words
        • Article
          Lock icon Henry Sy's holding firm goes public
          122 20 Henry Sy 's holding firm goes public AFP MANILA SM Prime Holdings Inc, the holding firm of retail magnate Henry Sy, is to go public to raise up to US$2l6 million (*****.6 million) to develop new malls and acquire new property, the Philippines' corporate regulatory agency said yesterday. SM Prime
          AFP  -  122 words
        • Article
          Lock icon MCSB eyeing M$ 100m China sales
          65 20 Bernama KUALA LUMPUR MCSB Systems (M) Bhd (MCSB) hoped to achieve a sales revenue of about Msloo million (SssB million) this year from its China operations, chairman and chief executive officer Paul Lim said yesterday. "We will be marketing our range of high-end computer
          Bernama  -  65 words
      • Article
        Amtek Engineering's interim profit up lOpc
        189 20 SINGAPORE Contract electronics maker Amtek Engineering yesterday reported a 10 per cent increase in net profit to $5.92 million for the six months to Dec 31, 1993. Sales rose 30 per cent to $68.25 million and operating income climbed 22 per cent to $11.01
        189 words
      • Article
        Compact Metal chalks up 39.7 pc rise in earnings
        165 20 SINGAPORE Sesdaq company Compact Metal Industries yesterday announced a 39.7 per cent rise in 1993 earnings to $6.02 million. And, as it promised, the newly listed group will pay a maiden dividend of IS per cent. Compact, which makes aluminium doors
        165 words
      • Article
        Lock icon Land project may be part of CASH's reverse takeover bid
        458 20 MBT KUALA LUMPUR Construction and Supplies House (CASH) Bhd's proposed reverse takeover by Indonesian timber tycoon Prajogo Pangestu may end up bigger than originally announced. It is believed that on top of the MS9OO million (*****.3 million) assets that Mr
        MBT  -  458 words
      • Article
        Low Keng Huat flagship forces alliance with PKNS
        430 20  -  From Ho Kay Tat in KUALA LUMPUR GENERAL Corporation Bhd (GCB) has entered into an alliance with the Selangor State Development Corporation (PKNS) that will see the latter taking a minority stake in GCB and controlling a GCB subsidiary that will eventually
        430 words
      • Article
        India venture sets Hume (M) on road to regional growth
        367 20  -  From Ho Kay Tat in KUALA LUMPUR HUME Industries (M) Bhd, a member of the Hong Leong group, said yesterday it has embarked on a road venture in India that would pave the way for it to become a major
        367 words
      • Article, Illustration
        Ssangyong's sales, profit hit record
        268 20  -  By Julliette Walker SINGAPORE Ssangyong Cement (Singapore) Limited yesterday reported record turnover and earnings for 1993 despite a drop in the prices of its cement products. The cement manufacturer chalked up group sales of $159.3 million, up 14.6 per cent from before. Group earnings climbed
        268 words
      • Article
        M Containers reports $307,000 half-year loss
        130 20 SINGAPORE Metal Containers Ltd yesterday announced a loss of $307,000 for the half-year to Dec 31, 1993, despite an 18.8 per cent rise in turnover to $74.46 million. The group said the improvement in turnover came mainly from its can-making and electronics operations, which
        130 words
      • Article
        L&M Group posts $2.9 m profit despite interim loss
        319 20  -  By AJ Leow SINGAPORE L&M Group Investments has turned in a $2.9 million full-year profit for 1993, despite an interim pre-tax loss of $2 million. Bottom-line earnings attributable to shareholders rose four-fold from 5173,000 in the first six months to $689,000
        319 words
      • Article
        Untitled
        521 20 Maaafws' priccs Mar 29 (JS Gr Fund 1.03 1.07** Singapore Unit Tract UMB Invest Mgt Lid The Commerce 1.59 1.67 J The Savings Fund 145 I 52*d S pore Pro« Fund 067 0 70 H"** Fl Spore SccFund 098 1.03 United Asu Fund 1.67 l.77<i S pore Invest Fund 1.14
        521 words
      • Article
        S'pore Telecom and Philippine affiliate sign accord
        268 20  -  By Genevieve Cue SINGAPORE Singapore Telecom and its Philippine affiliate Globe Telecom have signed a memorandum of understanding to work together more closely. The agreement, covering six areas, was signed yesterday by Telecom chief executive Wong Hung Khim and Globe Telecom chairman Jaime
        268 words
      • Article
        Eltech's earnings drop 6.3 pc but brighter outlook seen
        201 20 SINGAPORE Sesdaq-listed Eltech Electronics has reported a 6.3 per cent drop in net profit to 554.46 million for the year to Dec 31 1993. Sales rose marginally to *****.24 million, from 5599.57 million in 1992. But earnings per share dipped to
        201 words
      • Article
        Untitled
        1194 20 Paynent Ex Books Pay date close date ABR Hldgs 5' F 9 Jun 29 iul S Jul 1$ Acma F 10 Jun 14 Jun 20 Jul S BAT 21* F 86.9N Mar 18 Mar 24 Apr 6 Bcrjasa Group I 6 Mar II Mar 28 Apr 18 Bcqaya Ind I
        1,194 words
      • Article
        Lock icon Jardine Fleming may set up clerical operation outside HK
        411 21 Bloomberg Business News HONGKONG Leading Hongkong merchant bank Jardine Fleming Holdings may set up a back-offiee operation offshore because of the difficulties in recruiting clerical workers in Hongkong. Company managing director Alan Smith said it would look at the possibility of
        Bloomberg Business News  -  411 words
      • Article
        Lock icon Jardine fears hostile bids, seeks new Bermuda code: report
        522 21 Bloomberg Business News HONGKONG The Jardine Matheson group is sponsoring a private bill for a new Bermuda takeover code due to fears of hostile takeover bids by Chinese corporate raiders, the South China Morning Post reported from Bermuda. The English-language newspaper
        Bloomberg Business News  -  522 words
      • Article
        Lock icon Australian mining firms likely to list on new PNG bourse
        269 21 Reuter SYDNEY Subsidiaries of global resources giants, Rio Tinto Zinc Corp and The Broken Hill Pty Co Ltd, could be among the first prospects to list on Papua New Guinea's new stock exchange, which is expected to open in late
        Reuter  -  269 words
      • Article
        Lock icon Four Japanese, US giants team up for study on cable network
        317 21 AFP TOKYO Japan's Itochu Corp and Toshiba Corp are conducting a feasibility study on a nationwide cable TV (CATV) network with two US firms. Time Warner Inc and US West, an Itochu spokesman said yesterday. The move is in
        AFP  -  317 words
      • Article
        Lock icon Hutchison Whampoa to set up ports subsidiary
        151 21 AFP HONGKONG Hutchison Whampoa Ltd, the Hongkongbased trading group led by top tycoon Li Ka-shing. said yesterday it was setting up a subsidiary to run its thriving ports in Britain, China and Hongkong. Hutchison International Port Holdings Ltd will be responsible for managing
        AFP  -  151 words
      • Article, Illustration
        Lock icon A tale of two cities
        63 21 Reuter TOKYO Lord Mayor of Ixxidon Paul Newall (centre) looking o\er the trading door of the Tokyo Stock Exchange here yesterday as the bourse's public relations manager Shin Akamine explains its activities. Lord Mayor Newall is visiting Tokyo to promote the senices of the City
        Reuter  -  63 words
      • Article
        Lock icon Investors shifting funds out of HK, S-E Asia to Japanese stocks
        292 21 Bloomberg Business news HONGKONG Investors have been switching money from the Hongkong and Southeast Asian stock markets into Japanese equities, said Alan Smith, managing director of leading Hongkong merchant bank Jardine Fleming Holdings. "A number of investors are re-positioning
        Bloomberg Business news  -  292 words
      • COMPANY BRIEFS
        • Article
          Lock icon SHK Properties' HK$ 800m Shanghai deal
          96 21 Reuter HONGKONG Sun Hung Kai Properties has signed an agreement to develop a HKSBOO million (SSI63 million) residential development in Shanghai. The company said the residential and serviced apartment venture, known as New Town Plaza, is being developed with a Japanese company, which it
          Reuter  -  96 words
        • Article
          Lock icon Shanghai Petrochemical in rights issue
          77 21 Reuter SHANGHAI Shanghai Petrochemical Co Ltd said it would issue 450 million new 'A' shares, partly through an eight-for-10 rights issue. Ihe rights issue, priced at 2.4 renminbi (43 S cents) per share, will be for holders of 400 million W shares issued in 1993.
          Reuter  -  77 words
        • Article
          Lock icon MC Packaging unwraps 3.4 pc rise
          103 21 Bloomberg Business News HONGKONG Hongkong can and plastic bottle manufacturer VIC Packaging (Hongkong) Ltd said its net profit rose 3.4 per cent in the year ended Dec 31 1993. In a statement to the Hongkong Stock Exchange, the company said that its profits rose
          Bloomberg Business News  -  103 words
        • Article
          Lock icon China Overseas Land profit up 23pc
          67 21 Bloomberg Business News HONGKONG China Overseas Land Investment said its net profit rose 23 per cent in the year ended Dec 31 1993. Profits rose to HK5548.3 million (SSI 11 million) from HK5446.4 million in the year-earlier period. Total sales increased to HKSI.7B billion
          Bloomberg Business News  -  67 words
        • Article
          Lock icon Business blooms for Kirin Brewery
          78 21 Bernama-Kyodo TOKYO Kirin Brewery Co is firmly establishing itself in the flower business with about II billion yen (SSI6S million) in its yearly sales. "The flower business is made particularly attractive by the virtual lack of regulations, which is unusual in the agricultural field." a
          Bernama-Kyodo  -  78 words
        • Article
          Lock icon Siebe takes stake in China venture
          70 21 Bloomberg Business News LONDON Siebe pic. the British engineering company, said it is taking a 51 per cent stake in an USSB million (5512.6 million) joint venture it has formed with Da Long Machinery Works of Shanghai. The new eompany. The Shanghai Comp Air
          Bloomberg Business News  -  70 words
      • Article
        Lock icon Inchcape warns of tough year ahead as profits rise 8.3 pc
        314 22 Reuter LONDON British-based international motors and services group Inchcape pic yesterday said 1993 pre-tax profit rose by 8.3 per cent but warned of another tough year ahead. Pre-tax profit rose to £271.4 million (*****.5 million) from £250.1 million on
        Reuter  -  314 words
      • Article, Illustration
        Lock icon House of Fraser offer 3.2 times subscribed
        205 22 Reuter LONDON British department store group House of Fraser pic said its public share offer which closed last Friday was 3.2 times subscribed. Dealing will begin on April 6. House of Fraser placed 172.2 million ordinary shares firm with institutional investors and put
        Reuter  -  205 words
      • Article
        Lock icon Italy's Stet to link up with Germany's Siemens in phone venture
        281 22 Reuter ROME Italian state telecommunications group Stet and Germany's Siemens have announced plans to set up a telephone equipment group with a projected turnover of L'SS2 billion (SS3.I billion). The weekend announcement ended months of speculation o\er who the
        Reuter  -  281 words
      • Article
        Are shares merely correcting or is this the start of bear market?
        537 22  -  From Neil Behrmann in LONDON ARE equities experiencing a "correction" before they surmount new peaks this year, or are they at the beginning of a full-scale bear market? From Wall Street to London and the emerging Asian markets,
        537 words
      • Article
        Lock icon Pearson's pre-tax profit up 38pc to £208 m as it sharpens focus
        289 22 Bloomberg Business News LONDON Pearson pic. the British media company that publishes the Financial Times, says pre-tax profit rose 38 per cent in 1993 as the company sharpened its focus on its media and entertainment businesses. Profit before
        Bloomberg Business News  -  289 words
    • FINANCE
      • Article
        Lock icon Rakyat created 110 fake accounts, court told
        494 23 Bernama KUALA LUMPUR Bank Negara's investigation into Rakvat Merchant Hankers (RMB) found it had created 50 fietitious individual accounts with loan appro\al of MS 150 million (SSB7 million) and 60 company accounts with MS ISO million approved, the High Court here heard yesterday.
        Bernama  -  494 words
      • Article, Illustration
        Lock icon Sakura Bank chairman likely to succeed Mieno as BOJ chief
        473 23 Bloomberg Business News TOKYO Yasuo Matsushita, current governor of Sakura Bank and a former senior official of the Finance Ministry, is likely to succeed Yasushi Mieno as Bank of Japan governor in December, the Si lion Keizai newspaper reported on
        Bloomberg Business News  -  473 words
      • Article
        Sharp sell-off in bonds as dealers switch to short-term notes
        220 23 SINGAPORE The government securities market in Singapore kicked off this year with a sharp sell-off in bonds as dealers switched from longerterm notes to short-term Treasury bills due to rising interest rates. The Monetary Authority of Singapore said the three-month
        220 words
      • Article
        Lock icon Hanoi seeking US$ lb loan for oil projects
        254 23 AP HANOI Vietnam is talking to banks about a possible loan of up to USSI billion (551.58 billion) to finance oil and natural gas development and the eonstruetion of its first crude oil refinery. "We are thinking about borrowing." said Ho Si
        AP  -  254 words
      • Article
        Indon paper maker gets US$ 120m loan
        111 23 SINGAPORE Six international banks here have set up up a USSI2O million (SSI9O million) loan for Indonesian paper product manufacturer Surya Pamenang. The one-year loan arranged by Deutsche Bank. DBS. LTCB Merchant Bank. Rabobank, Sanwa and Swiss Bank Corp will be signed tomorrow
        111 words
      • Article
        Lock icon Agricultural Bank of China to operate as commercial bank by mid-year
        266 23 Reuter HONGKONG The Agricultural Bank of China is to start operating as a commercial bank by mid-vear. Its president. Ma Yongwei. yesterday said that under a policy announced by the government in January, five state banks which previously operated
        Reuter  -  266 words
      • Article
        Lock icon Thai banks prepare loan scheme for Vietnam
        120 23 AFP BANGKOK Thailand's burgeoning commercial hanking sector is readv lo seal a I'SSKK) million (SSISS million) lending scheme with Vietnam. an official with Thailand's newly- for m e d L\port-Import (L\im) Bank said yesterday. The lending venture, tor general economic development. would he
        AFP  -  120 words
      • Article
        Lock icon Bangkok Bank raises minimum lending, overdraft rates
        276 23 Reuter BANCiKOk Bangkok llank raised its minimum lending rale for top customers bv a quarter point to 10.25 pereent. the hank said yesterday. Citing tight liquiditv and rising I S short-term interest rates, which ha\e encouraged some customers to borrow di>mestically. a spokesman
        Reuter  -  276 words
      • Article
        Stanchart unit's pre-tax profit jumps five-fold
        204 23  -  By Soh Tiang Keng SINGAPORE Singaporebased Standard Chartered Merchant Bank Asia (SCMBA) yesterday announced a five-fold jump in pre-tax profits to 5535.4 million last year. The bank, which chalked up pre-tax earnings of only 56.5 million in 1992. reported a "good year" in 1993
        204 words
      • SMALL CHANGE
        • Article
          Lock icon Philippine bank's 10.5 pc profit rise
          104 23 AFP VI \NILA Far Last Bank and Trust Co (FEBTC). the Philippines' fourth largest hank, posted a 10.5 per eent rise in profit to U5546.4 million (5573.3 million) in 1993. a senior official said vesterday. FLBIC president and chief executive officer Octa\io I spiriui
          AFP  -  104 words
        • Article
          Lock icon Bangladesh devalues currency
          75 23 AP DHAKA Bangladesh has devalued its currency against the US dollar, making the American currency costlier by 18 paisa after vesterday. Ihe Bangladesh currency, the taka. is made up of 100 paisa. Ihe Bangladesh Bank, the controlling bank in the country said the buving rate for I
          AP  -  75 words
        • Article
          Lock icon Chase to lead Chinese airline's loan
          69 23 Reuter HONGKONG China Southern Airlines, one of China's big three airlines, has mandated Chase Manhattan Asia Ltd to lead a I SSS7 million syndicated loan. The funds will be used to buy a Boeing 757-200 for delivery in May. The Hongkong branch of Japan's
          Reuter  -  69 words
        • Article
          Lock icon Citicorp to lay off 300 workers
          64 23 Bloomberg Business News NEW YORK Citicorp said it plans to lay oil" 300 workers at its credit card operations in Tow son. Maryland, as part of a worldwide cost-cutting programme. The workers, who collect delinquent paxments from holders of Citicorp's Choice Visa and Mastercards,
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Bank sacks, then reports officials
          96 23 Reuter KARACHI The State Bank of Pakistan (SBP) said it has lodged a criminal complaint with the Federal Investigation Agency against two sacked officials of the private Mchran Bank Ltd. The SBP removed Mehran chief executive Anwar Rashid and chief operating officer Mohammad Yunus Habib
          Reuter  -  96 words
        • Article
          Lock icon New Kuwaiti currency out on April 3
          89 23 Reuter KUWAIT Kuwait's central bank said the Emirate's fifth currency issue would be introduced into circulation on April 3. the official Kuwait News Agency said on Sunday. "The Central Bank governor Sheikh Salem Abdulaziz al-Sabaii said the fifth issue of all banknote denominations
          Reuter  -  89 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Asian oil traders see free fall in second-quarter prices
        480 24 Reuter SINGAPORE A drop of 50 US cents in crude oil prices yesterda> morning in response to Opec's rollover of current quotas could he the start of a free fall in prices in the second quarter amid excess supply and weak
        Reuter  -  480 words
      • Article
        Lock icon Vietnam aiming to boost coffee area more than 50pc by year 2000
        420 24 Reuter HANOI Vietnam plans to boost its coffee coverage by more than 50 per cent to 2(X).(KK) hectares by 2(XX). and output and exports are set to rise by around 10 per cent this year, a top coffee
        Reuter  -  420 words
      • Article, Illustration
        Lock icon Emerging Viet rubber industry set for 80,000-tonne output this year
        397 24 Reuter HO CHI MINH CITY Vietnam's fledgling natural rubber industry is set to boom in the near term when replanting of older trees and ambitious plans to double land under cultivation start to bear fruit, say official and private trade
        Reuter  -  397 words
      • Article
        Lock icon China sets up a firm just to handle corn exports
        255 24 Reuter BEIJING China has set up a separate firm to handle exports of corn, an increasingly important foreign exchange earner, a spokesman for the new company said. State-owned China Corn Export Joint Company, which received its licence in January, will
        Reuter  -  255 words
      • Article
        Lock icon Australian commodity prices fall after 6 months, volatile period seen ahead
        304 24 Reuter SYDNEY Australian commodity prices fell in March for the first time in six months at the start of what could be a volatile period for the sector, the International Commodity Price Review said. The review, issued by the
        Reuter  -  304 words
      • Article
        Lock icon Silver, gold upward trend seen intact despite falling prices
        357 24 Reuter LONDON Silver and gold prices fell on yesterday but dealers said the upward trend remained intact. Pace-setting silver, widely believed to be set to reach US$6.OO an ounce for the first time in five years, plunged to a fixing of
        Reuter  -  357 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        161 24 IMb USS/niajors basically traded sideways in Asia yesterday with little fresh news to spur movements. In the USS/SS. the USS opened lower but moved higher on purchase by local banks and corporates. The USS was taken to a high of 1.5790 before resistance was found.
        161 words
      • Article
        Lock icon London
        178 24 Bloomberg Business News LONDON I he dollar rose against the deutschemark in Europe, regaining some of its 2.4 per cent drop last week, as traders looked to the Bundesbank's weekly money market operation for further credit easing. Traders also were looking for a strong rise in US employment in
        Bloomberg Business News  -  178 words
      • Article
        Lock icon New York
        78 24 AFP NEW YORK The dollar gained ground against other major currencies with the exception of the yen in earlv trading on Wall Street yesterday. With no new economic indicators in. the session was dominated by technical factors. At 1445 GMT. the dollar was at 1.6730 German marks compared
        AFP  -  78 words
      • Article, Illustration
        Untitled
        1666 24 I lath- Hnvhlal imle\ talitilahxl avwn\i V/»»f\ i«i> 14 trading /wirint v Wum- iciur WSS US$/S$ forward rates Noon Mar 28 ss Bid Offer l-monih 1.5772 1.5787 I-month 1.577? 1.578* 5-month 1.3775 I.57K8 6-monih I 5762 1.5782 Situnr OCtK Source: OCBC FOREIGN CURRENCY NOTE RATES As at km on Mar
        1,666 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firmer on US bonds rebound
        1398 25 SMEX REPORT Reuter SINGAPORE Simex Eurodollars futures closed firmer yesterday on the back of a rebound in US bonds. Dealers said the market picked up in the afternoon session after Europe came in. "Eurodollars went up because bunds were firmer and US bonds recovered
        Reuter  -  1,398 words
      • Article
        KL tin edges up on higher LME
        583 25 COMMODITY REPORTS Tin UN closed three sen up at VIS 14.44 per kg yesterday alter a higher London market prompted Malaysian and Japanese huving. traders said. The market noted an opening hid of 11X tonnes against oiler of 92. final turnover was 43
        583 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          German group out of Thai project
          133 25 LONDON Mctallgcsellschaft (MG). the financially troubled German metals group, is "no longer in a position to promote" a green field lead and zinc smelter project in Thailand, a company official said yesterday. VIG and Thailand's Padacng Industry Co (PDI) owned respectively 49 per cent
          133 words
        • Article
          China plants more cotton
          106 25 HONGKONG China's farmers are planting more cotton in order to boost production this \ear. but declines in sown wheat acreage are likel> to result in lower overall grain output in 1994. the official China Daily newspaper reported over the weekend. China plans to increase cotton production
          106 words
        • Article
          India's edible oil prices seen lower
          126 25 NEW DELHI India's vegetable oil prices are likely to come down in the near future, as freshly harvested rapeseed crops reach the market in larger quantities, traders said. They said oil prices will also come under bearish influences because of India's Finance Minister Manmohan
          126 words
    • Article
      COMMODITY PRICES
      1502 25 Rubber Singapore Commodity Exchange (futures doting as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sell (tonnes) Interest Apr 94 154.50 154 50 154 50 25 TOO Mav 157.25 155 50 156 50 350 2*50 Jun' 157.25 157.25 ***** 150 6.925 Jul/Sep 158.00
      1,502 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1100 26 -42.7 STOCKS fell to their year lows yesterday, dragged down by last week's sharp falls on Wall Street and weaker local bonds and futures. The All Ordinaries index closed 42.7 points down at 2.108.9. Brokers said the market remained tied to overseas developments. despite continuing strong domestic fundamentals. "Interest
        1,100 words
      • Article
        Manila
        594 26 +50.56 Philippine share prices closed higher as investors picked up bargains to position for an expected market surge in the second quarter, brokers said. Trading will be suspended on Thursday and Friday. which have been declared holidays. Most market players are out on vacation in the provinces or abroad.
        594 words
      • Article
        Taipei
        563 26 -0.31 Taiwan stocks closed little changed in thin, narrow trade as no news had emerged to stimulate the market. Brokers expected consolidation near current levels to continue in the near term. The index ended 0.31 point down at 5.331.90 after moving in a range of 5.295-5.342. Turnover totalled NT533.9
        563 words
      • Article
        Seoul
        388 26 10.56 Stocks ended higher in what brokers described as an across-the-board technical rebound. following retreats in past weeks. The composite stock index stood 10.56 points higher at 883.24 at the close. Brokers said institutional support of some hanking shares ahead of rights issues in April boosted those counters. The
        388 words
      • Article
        New Zealand
        252 26 -30.95 New Zealand shares dropped and local bond yields rose as local investors took their cue from US concerns about rising rates and international political fears, brokers said. A number of stocks also went ex-dividend yesterday, including entrepreneurial investor Brierley Investments and forestry and energy group Fletcher Challenge.
        252 words
      • Article
        Bombay
        57 26 17.23 Stock prices ended slightly higher in a restricted 9<)-minute trading session as most market players kept away rather than trade in an illiquid market, brokers said. The Bombay Stock Exchange (BSE) 30-share index closed at a provisional 3.695.39. up 17.23 points from the previous close. The KXVshare national
        57 words
    • WORLD STOCK MARKETS
      • Article
        London
        669 26 +0.5 The FTSE 100 index ended mixed, around the midpoint of the day's trading range after FTSE futures surrendered earlier gains while advances in gilts helped underpin market sentiment. The blue-chip index finished 0.5 point up at 3,129.5 after a range of 3.110.7 to 3.150.2 on the first day
        669 words
      • Article
        Paris
        112 26 +7.87 French shares finished firmer but off the session's highs as a weaker Wall Street weighed on prices during the afternoon, after a good start helped by firmer bonds and German shares, dealers said. The CAC-40 index ended up 7.87. or 0.37 per cent, at 2,144.49. Paris Mar 2*
        112 words
      • Article
        Stockholm
        130 26 -0.37 pc Swedish shares ended the day mixed after a late setback caused by rising short debt market rates wiped out most of the market's earlier gains. Trade was quiet with only Volvo and BC'P in focus. The OMX-index fell 0.37 per cent to 1.096.55 in moderate turnover of
        130 words
      • Article
        Frankfurt
        167 26 +31.36 German stock prices closed the bourse session higher on low-volume interest from funds in leading blue chips, supported by firm bund futures prices. Prices seen firm in post-bourse but tak- ing cue from dcbl markets. The DAX-30 index ended at 2,161.42. up 31.36 points on the day and
        167 words
      • Article
        Brussels
        149 26 -0.02 pc Belgian shares bounced back to end flat after earlier falls due to a tumble in the retail sector caused by poor 1993 earnings in Dclhaize and GIB. The Bel-20 index of leading shares ended 0.02 per cent lower at 1,481.48 points on a modest volume of 1.4
        149 words
      • Article
        Milan
        128 26 +3.Bpc The Italian stock market logged its strongest one-day gain of the year as investors bet that businessman Silvio Berlusconi would win a convincing victory in yesterday's national election. The Italian stock market's Mibtel Index rose 3.8 per cent or 403 points to 11,119. a high for the year.
        128 words
      • Article
        Amsterdam
        228 26 +4.1 After a faltering start. Dutch shares rose to head into the week with more confidence than of late, as dealers expressed hope that a recovery in debt markets may mean the spectre of rate worries has been slain. The AEX index rose 4.10 points to 410.93 after dipping
        228 words
      • Article
        Zurich
        230 26 14.77 Swiss shares closed higher as players took advantage of lower prices for selected buying. Banks led the market higher. Insurers were also firm. Chemicals rose ahead of Ciba-(ieigy's annual news conference to be held in London today. The broad SPI closed 14.77 points up at 1.837.64. Zurich Mar
        230 words
      • Article
        Johannesburg
        350 26 -142 Shares fell sharply across the board as a political march through the city centre turned chaotic, but dealers said there was no panic selling and top selected shares had come off their lows by the close. Dealers said the market was likely to remain jittery for the rest
        350 words
      • Article
        Toronto
        254 26 -51.8 Toronto stocks continued to fall at midday led by sharp declines in energy issues due to plunging oil prices. Opec's failure to agree on production cuts sent oil markets into a tailspin. dragging gold prices down as well. The TSE 300 index plummeted 51.80 points at midday to
        254 words
      • Article
        New York
        712 26 -14.1 The Dow Jones industrial average, which plunged 46.36 points on Friday, was down 14.10 points to 3.760.63 at 11 am EST yesterday. Weakness in oil stocks following the Organization of Petroleum Exporting Countries failure to trim production to stop the decline in oil prices put extra pressure
        712 words
      • Article
        Untitled
        722 26 Britannia Funds Sterling (ash Bid Offer Mtm jp Deposit Vtim Jerses «.ih 0IWJ 0 l«»: Mim Mj\ lifcomr *1 l«««l I S$ < «%h Income Plus Fund 1 10 "»»»*> PS S Reserve Fund <2*10 5 2*00 Sterling Fquilv Euro Perfomuncc 0 4W2 0 41.^ fjifjsifund •I'tJO *2 9730 Mjn
        722 words
    • Article, Illustration
      Lock icon HONGKONG
      3055 27 Bloomberg Business News HONGKONG Stock prices were mixed as a decline in hanking shares was offset by rekindled investor interest in companies from the giant Jardine group, traders said. The Hang Seng Index of leading stocks ended the day down 37.18 points, or 0.40 per cent, at 9.197.03. after
      Bloomberg Business News; Source: Bridge Info  -  3,055 words
    • Article, Illustration
      CHINA
      488 27 SHANGHAI B shares started the week on moderate trading yesterday. The CLSA B index closed 13.09 points down at 728.69. Turnover of US$3.4 million was however up 62 per cent from the last trading day. Jin Jiang Tower shed another 4 per cent following last week's final result announcement.
      488 words
    • Article, Illustration
      Lock icon TOKYO
      2561 27 Bloomberg Business News TOKYO Stocks closed higher yesterday as Japanese investment trusts and individual investors bid up blue chips to kick off the new financial year, traders said. With Friday marking the end of fiscal 1993 for 80 per cent of the companies traded on the Tokyo Stock Exchange,
      Bloomberg Business News; Source: Bridge Info  -  2,561 words
    • Article, Illustration
      Lock icon BANGKOK
      1642 27 Bloomberg Business News BANGKOK Thai shares declined 2.64 per cent as two major banks raised their prime lending rates yesterday, sparking investor concerns about lower corporate earnings. analysts said. Trading activity was the second lightest in six months, as investors were reluctant to enter the market ahead of a
      Bloomberg Business News; Source: Bridge Info  -  1,642 words
    • Article, Illustration
      Lock icon JAKARTA
      1132 27 Bloomberg Business News JAKARTA Indonesian stocks closed little changed yesterday as investors concerned about rising US interest rates bid down prices, traders said. The benchmark Jakarta Stock Exchange Composite Index closed at 491.051. up 0.215 point. Volume was 60.7 million shares worth 295 billion rupiah. compared to Friday's 35.7
      Bloomberg Business News; Source: Bridge Info  -  1,132 words
    • Article
      CLOB INTERNATIONAL
      2448 28 MOST ACTIVE volume Nlulphj (Ml XV 7J.UWI Itau fc5M.ti« Idris HxJ XV b.4KX.INH Mnjft -4.2jlfc.MBD k.lilluiU nt XV 4 Ntvi (iiiHip 1 '^MO) Kinong Hh J XV 2 MO i»»l Pi>i Mm. 202iu»» Muhi-Puiposc i T ismm Johan HUgs I.M2.U»» landmark Bhtl I >20 MM Y B XV
      2,448 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices fall amid tighter credit rules on brokerages
        5172 28 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index fell nearly 2 per cent in the lightest trading of the year yesterday as stricter regulation of credit purchases led to forced selling of shares, traders said. The Kuala Lumpur Stock Exchange's Composite
        Bloomberg Business News; Source: Bridge Info  -  5,172 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7151 29 EHl»lfl»W> Transaction (tote: Mar 28 Or Or iHi/«i L»t Vol Day I-»M Quote l)i» Ui' .Nrt M Cap High Low Com pant Sak (D00) High Low Buur Seller S Of S P/fc Smil INDUSTRIAL AND COMMERCIAL 1440 >60 t s Aetna 960 cd -20 15 960 960 960 980 17
        7,151 words
      • Article, Illustration
        Lock icon Volume shrinks to lowest this year as shares drift
        1979 30  -  By R Sivanithy SINGAPORE Share prices continued to drift lower in thin trading yesterday, as adverse external events continued to take their toll on investor confidence. Almost from the start of trading, the Straits Times Industrials Index headed south, ending the
        Charts by Bridge Info; Source: Bloomberg  -  1,979 words
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      298 19 NEWS VALUE How today 's news might affect your stocks Asian market upheaval takes tel m US, UK faads (pg 1) Foreign investors will probably lick their wounds for a while before coming back in. M$ rises on tafc of sharply lower Bank Nepra less (pg I) The return of
      298 words
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      Page 21 Advertisements Column 1
      256 21 A 1994 DAEWOO ESPERQ "HOUR BUY A DAEWOO, WIN A DAEWOO LUCKY DRAW. y 1.5 L sedan (M) on 9» road wttout COE A insurance Buy a Daewoo forklift truck between now and 28th Daewoo's technologically advanced industrial October '94 and win fantastic prizes in not one, but two equipment
      256 words
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      Page 22 Advertisements Column 1
      244 22 Get a SAFRANE and We'll give you a DRIVER* f f- Cos we're throwing in a Joondalup Country Club Invitational membership** The 'Best 'Executive Car ant^a s^ar^~u P kit j#- Aerodynamic styling 4 disc Bosch ABS brakes Driuer by Callaway 4 speed automatic transmission Dual temperature control fvnm 11 nnn
      244 words
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      Page 25 Advertisements Column 1
      38 25 Saw an ad of a house that you may like to own? o Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. OassiFEiNE^ Iclaxs. An SPH AudioTn Sarvlca I
      38 words
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      Page 25 Advertisements Column 2
      31 25 As and when the latest London/ Rotterdam prices are not available, the previous trading da>'s closing figures are carried instead. Call 737-1166 to place 0^ a quick- c.a.t.s. acting ad. 737-I***
      31 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      86 26 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers
      86 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      48 27 ACTAL NEUTRALISES STOMACH ACID. r»--' ———M Actal neutralises stomach acid, giving quick relief from stomach discomfort, 1 F FAST-ACTING ANTACID j c TFRIINir gastric pain, indiges- ReLltvts a*,™ M g A'A i'..« J u Ik HEARTBURN AND UFSET STOMACH'^' j 1 Health tion and heartburn, t zOzksm* mt
      48 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      81 28 (]j) ALAIN DELQN 5 J@W timeless perfection DIVER 'r 1 (tIP) swiss m.itlp srrntrh Turnable oezeJ rjttQ V rosisi.mt s.ipplurr rryst.il Luminous s%v AD TIME GROUP > h -tv »<•' s■ t Qi^ibatwi Ailst.imif'.s MccK.isr our J S ing a »«e(M»id Oftlce) A D TIME INTERNATIONAL PTE LW Tt1"*****\7 FAX
      81 words
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      Page 28 Advertisements Column 2
      0 28 __{\>"{>)@!>@@{*."%'<@.$;~@\(:+
      0 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      95 30 ANNOUNCEMENT The Partners of Wong, Yoong, Tan Molly Lim (with the exception of Mr. Tan Peng Chin, NRIC *****25 C) are pleased to announce that with effect from 28 March 1994 we are practising as: WONG, YOONG LIM 24 Raffles Place 24th Storey, Clifford Centre Singapore 0104 Telephone: (65) 2222
      95 words
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      Page 30 Advertisements Column 2
      27 30 Binn^^sni^s TOLL-FREE TEL. No. 1-600-741-1883 FAX:74I-1298 ideal in cameras. And I know whereto get good exposure. PT *****18 (Sir^^jl SSsj/ Call today for results tomorrow. CA.T.S. 737-1166
      27 words
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      Page 30 Advertisements Column 3
      313 30 MTKMATTOOFTHE OOMPAMESACT.CAP.9i gnnfi-flnmfi—tawwn PTE LTV faMußhiyUflMM At an Extraordnary Gmml MaatodtemaiiMsdJEANCLAUOE(SMjAPORE) PTE LTD duly oorwanad and han tf 9001 Baach Road #14-01 Goidan Mia Toamr, Singapom 0719 on #w 28 day of March 1994. tw Mowing Spaaal Raadufena warn duly pasaad:I}That tha company ba would ip vduttrfly punuari ta Saction
      313 words
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      Page 30 Advertisements Column 4
      319 30 M THE MATTER OF THE COMP AMES ACT, CAP 91 ANO M THE MATTER OF GOLDEN LAND MVESTMENT PTE LTD (to Heathers' Voluntary SPECIAL RESOLUTIONS PASSED ON 23RD DAY OF MARCH 1994 At an Etiraordmary General Meeting of tos Company hdd d Bk 122 Ang Mo Kb Avenue 3 101-1711
      319 words
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      Page 30 Advertisements Column 5
      193 30 f In The Matter Of A TheCompanioe Act,Capso And prantaSaojuMMH mm (Maabw 1 Votofy LiquidaKan) NOTICE IS HEREBY GIVEN pursuant to Section3oBoftoe CompeniaeAct.Capsothala find meeting of It w nwnitefs of toe abovanamed company wd be held dlGokM Plaza *03-39, Podium Block, Singapore 1130, on 29toAprfl 1994 d 11.00 am. agbba
      193 words
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  • Shipping Times
    • Article
      CGM cuts loss, starts second phase of recovery plan
      541 31  -  By Juliette Walker SINGAPORE Compagnie Generale Maritime (CGM) has embarked on the second phase of a recovery programme designed to tow the French national carrier to profitable waters by next year. Under phase one of the recovery plan, CGM reorganised its
      541 words
    • Article
      Lock icon Buyer of Swan Hunter may have to pay for cost of layoffs
      230 31 FT LONDON The cost of another round of redundancies during the next two months at Swan Hunter, the Tyneside shipbuilder in receivership, may fall on the French company negotiating to buy the yard, even if it does not
      FT  -  230 words
    • Article, Illustration
      Club Med 2 to be based here for next 4 months
      346 31  -  By Arthur Lee SINGAPORE Club Med, the international "one-stop one price" holiday getaway chain, has decided to enter the lucrative cruise market in Singapore. Their 187-metre long Club Med 2 cruise ship is scheduled to arrive in Singapore on
      346 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      836 31 Page Col ABC Containeriine 12 5 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 Bank Line. The 9 5 Batamindo 7 4
      836 words
    • Article, Illustration
      Indon group launches tanker from S'pore yard
      357 31  -  By Conrad Raj SINGAPORE Indonesian shipping group Bumi Laut yesterday launched a 1,500 deadweight tonne tanker from Singapore's North Shipyard. The tanker, Bumi Karunia. is the first of three such vessels ordered by the group to be launched at shipyards in Singapore and
      357 words
    • Article
      Lock icon Port Klang to continue training Viet officers
      404 31 Bemama PORT KLANG The Klang Port Authority (LPK) will continue to provide training facilities for Vietnamese port officers and staff, says the authority's general manager, Encik M Rajasingam. And it would continue to step up cooperation in the ports sector between the two
      Bemama  -  404 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        680 32 ituti fay No Berth Arrival Departure Vessel Woy No Berth Arrival Departure JurOflg Port Batam Speed A2594* P01A 28 03/1900 2803/2000 Arwachal Pradesli 61H 14/5 2903/1/00 Balam Speed A2694* P01A 29 03/1530 29 03/1630 *uka Seraya AS/10/94 19 atongade 29 03/1400 Balam Speed ****** P01A 29 03/0/00
        680 words
      • Article
        CONTAINER SCHEDULES
        1480 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From ha Swan 111A 30/1500 IB 28/1500 28,1659 28/1900 28 28/1700 29/0659 29/0900 4 29/1200 29/1459 29/1700 Antes Bridge 52W 30/0100 IB
        1,480 words
    • Article
      THE SHIPPING GUIDE
      10704 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LE6END PN: ship calls at Pcnang after
      10,704 words
    • Article
      SHIPPING AGENTS
      3350 45 A ialC ontainerline NV: Bclsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord (.roup: Accord Shpg Pte Ltd (Sy,Accord Contr Line (PK/PN). Alkhs Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg(S). Albutros Sen-Air Service: Frata Shpg Pte Ltd (S).
      3,350 words
    • Article
      COURIER SERVICES
      279 45 \bacus Couriers Tel 545-8011 fax 545-1898 Air Kvpreu Inn el Tel: 533-5771. Fax: 535-6144. Virborne Freight C orporation Tel: 542-8844 Fax: 542-3716. *****80 Virswift Worl<l wide C ourier Tel: 278-0188 Fax: 273-8283 \JS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-link International Tel: 344-3377. Fax: 345-6450. Cluster
      279 words
    • Article
      AIR FORWARDERS
      1484 45 Abex Express Freight Tel: 542-7171 Fa* *****84. Actinic Forwarder Tel: 225-1833. Fa*: *****42. Activair Singapore Tel: 542-7822 Fa*: *****20. Aerolink Freight International Tel: 545-8033 Fax: *****05 Aerospeed Tel: 542-5911 Fa*: *****18. Air Cargo \o»o Fxpress Tel: 542-5454. Fa*: *****06. Air Fxpress International Tel: 542-7666 Fa*: *****74. *****50. Air
      1,484 words
    • Article
      SHIP SALES & TANKER RATES
      1033 46 SHIP SALES TANKER RATES THIS week's market has been dominated by sales of older/lower capital tonnage as well as demolition the main exception being the tanker sector where there were a couple of notable sales. Initially the world-wide VLCC Eastern Promise 268,000 dwt and built 1978 was reported sold to
      1,033 words
    • Article
      CRUISE & FERRY SCHEDULES
      252 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Ik'p Name of Vessel LIA KID Ports of Calls Port Agent Telephone No MARCH 29 2V Langkapuri Star 1600 2030 Pcnang Sin Jardine Shpg Agencies 224-1052 Aquarius Medan 30 30 IXifin Star 1200 1930 Port Klang Sin Ocean Trade Chartering 299-0366 Jakarta 31 31
      252 words
    • Article
      PORT CONDITIONS
      2645 46 ARGENTINA Santa Fe: No vessels berthed: no vessels in roads; max draft 23 ft. Diamante: No vessels berthed, no vessels in roads, max. draft 23 ft. San Lorenzo: Four vessels berthed of which 1 loading byproducts, 2 maize, 1 "soya bean oil, 3 vessels in roads, 22 vessels
      2,645 words
    • Article
      TRANSPORT DIARY
      229 47 COURSES Title: Container Survey Duration: Apr 4-18 Organiser: Port of Singapore Authority Tel: For further details/registration contact SPI at 321 1707/321-1824/321-1825 or fax: 321-1416. litle: Marine Insurance (SDF 50%) Duration: Apr 4 May 16 Organiser: Singapore National Shipping Association Tel: For further details/registration contact SNSA at 278-3464 or
      229 words
    • Article
      COCKETT BUNKER MARKET REPORT
      939 47 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      939 words
    • Article
      DAILY FREIGHTS
      1798 47 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1.i94 on Friday from 1.190 on March 24. Rates remained generally firm for handy and handymax hulk carrier tonnage in the east but details of business fixed were not always confirmed, brokers said. The 37.472-dwt. 1977-built
      1,798 words
    • Article, Illustration
      Lock icon Marriage between equals
      1061 48  -  Michael Skapinker and David Buchan look at the planned partnership between Wagonlit Travel, part of the French hotel and catering group Accor, and Carlson of the US Michael Skapinker and David Buchan FT IF EMPLOYEES of Foseco, a Birminghambased metallurgical company, try to book business class tickets
      FT  -  1,061 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon DHL defends integrators' role in air freight services
        392 50 Air Freight Asia Conference Reuter SINGAPORE Integrators have become convenient "whipping boys" for air freight forwarders concerned about their rapid growth and increasing market share, DHL International's regional director for South-east Asia Graham Davey said. Several representatives of major forwarding associations attending
        Reuter  -  392 words
      • Article
        Lock icon Macau to launch regional airline
        375 50 Reuter SINGAPORE Macau is preparing to launch a small regional airline which will be based at its new international airport currently under construction and due to open in 1995, said Jorge Guimaraes, director of Macau Civil Aviation Authority. Speaking at the Air Freight Asia conference
        Reuter  -  375 words
      • Article
        Lock icon Northwest looking into link-ups with Asian airlines
        360 50 AFP HONGKONG Northwest Airlines is exploring the possibility of forging alliances with Asian carriers, particularly those in China, the co-chair-man of its parent company said last Friday. Gary Wilson, who is also a principal investor in NWA Inc, stressed that Northwest which has
        AFP  -  360 words
      • Article
        Lock icon PAL likely to reject Boeing offer
        316 50 Reuter MANILA Philippine Airlines (PAL) is likely to refuse an offer made by Boeing Co to take on two 8747-400s which Japan Airlines (JAL) originally ordered, an industry source said on Sunday. He said the management will recommend to the PAL board that it
        Reuter  -  316 words
      • LOG BOOK
        • Article
          Lock icon Modern Terminals eyes China port
          88 50 Bloomberg Business News HONGKONG Container terminal operator Modern Terminals Ltd is negotiating with China Merchant Steam Navigation to buy an interest in China's southern port of Shekou, the South China Sunday Morning Post reported. Discussions are at a preliminary stage. The form of investment "can
          Bloomberg Business News  -  88 words
        • Article
          Lock icon Qantas increases LA-Sydney flights
          92 50 Bloomberg Business News SYDNEY Australia's Qantas Airways said it will introduce a 12th non-stop weekly flight between Sydney and Los Angeles on April 4, moving up the start date more than two months. Qantas said the void left by the withdrawal of Northwest Airlines from non-stop
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Suzuki's motorbike firm in Shandong
          68 50 AFP TOKYO Japan's Suzuki Motor Corp plans to establish a motorcycle production and sales company in June in Jinan, the capital of Shandong Province, China, a news report said last Friday. The new company, Jinan Qinggi Suzuki Motorcycle Co, will start production of sports-type motorcycles
          AFP  -  68 words
        • Article
          Lock icon Union may reject Air France plan
          76 50 Reuter PARIS The Communist-led CGT union said over the weekend it would reject Cie Nationale Air France SA's restructuring plan unless changes were made by the March 31 deadline given to endorse it. Early on Sunday, Air France chairman Christian Blanc and unions wound
          Reuter  -  76 words
        • Article
          Lock icon Air France, EBRD seal CSA deal
          97 50 Bloomberg Business News PRAGUE Air France and the European Bank for Reconstruction and Development last Friday finalised a deal to sell the French airline's 19.1 per cent stake in Czech carrier CSA. Under the agreement, the Czech Republic's state-owned Konsolidacni Banka will pay US$27
          Bloomberg Business News  -  97 words
      • Article
        Philippine Airlines to operate own freighter
        228 50  -  By Alec Almazan SINGAPORE Philippine Airlines (PAL) plans to operate its own freighter, either by leasing a plane or converting one of its aircraft for international and domestic cargo operations. "PAL has identified cargo operations as a profit centre and needs a dedicated freighter
        228 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1769 50 cut nw no w n®_ 0( w Abu DkaM GA893 1835 GA984 2340 EK70 1710 EK71 2305 GA974 2350 SQ4?8 2315 ——r rrrT ME633 2355 Milaiil QF81 1925 QF82 2055 rrrr SQ228 2120 Partaa SQ406 0115 WntwdM KL831 0935 KL844 0035 Fraafcfart SQ25 0645 SQ326 2230
        1,769 words
      • Article
        Lock icon SAS reports pre-tax loss of 492 m kronor
        441 50 Bloomberg Business News COPENHAGEN Scandinavian Airlines System on Friday reported a pre-tax loss of 492 million Swedish kronor (5598.8 million) in 1993 compared with a pre-tax loss of 760 million in the previous year. The company also forecast it would be profitable
        Bloomberg Business News  -  441 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      6 31 If you wantHthereJ 1 yesterday, nyftivflhvHHPl
      6 words
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      Page 31 Advertisements Column 2
      30 31 Ums —4 tfhct rt»m—U4 Miwtin «f Mm iiglitiy «f Ikmihi(iffSl'l SWmlm AflMtt. Slmmm Natttaal SMb- IsSrafly] tv. w MOBKRr pMg WHmIIHR* j For advertising enquiries, contact Shipping Tines: Tel 740-2089/740-2090
      30 words
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      Page 31 Advertisements Column 3
      41 31 RT M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALL: *****00 A marriage between equals, Page 18 Air Freight Asia Conference, Back Page J|J LOOKING DEEPER A probe into current market developments. Hock Lock Siew. Everyday. \woMan9 m Business Times
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  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      427 32 TSKUNE AGENOES (S) PTE. LTD. AjgßMgA rI 1 |7 W WWTTI Tel: 226-3363 nP*5 JL •JtIV JLLWJIL Fax: rj|/l7 -7 Tlx: RS *****/TSKSIN. qggjg? TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I tuTrSi 07E y y P ACX HHE 0518 -gg 01.04 KM 07.04 12.04 12-04 1104 14.04 ACX ULAC
      427 words
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      Page 32 Advertisements Column 2
      1251 32 r IWCT TO Utft ITMT *»ai —-fQ ggkf tf~] |Xr lT ~~rn f~ia W w» r*M mi »wbb- iim* »ni—«• ir nw w unw m*» i| KPTUM CYfW*I 071 ***** I It 4 114 204 I 2141 114 114 I 204 204 23 4 CALffORNM SAIURN (4 (7 4 23
      1,251 words
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  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      2176 33 m «N=M|y^J^-i«««E««F««OAO£ Nc l£» DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) FAX*S427(£' TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 I^/3^*****4 <OPNS> CFS (PSA F5) TEL: *****21/ *****79 BAMRU'TIL 07 *****0 FAX 07-*****9 CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL. 07 Z3IZ/0 rAA. Of WW Qp NUMBER **********0 C Dedicated to Quality Service
      2,176 words
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      Page 33 Advertisements Column 2
      1778 33 ■QEHSSaSEa WEEKLY SERVICE TO FREMANTLE NEXT AVAILABLE SAILING SWAN REEFER V.9413 ETA SIN IST APRIL 1994 Vassal Voy ETA ETD Feedwed by destinations The week MARIE MAERSK V 9404 cy 06/04 oaoo mrs HH CTS 04/04 7XO MRS JOM LPK PEN OAK IG6 SfO MEM ATL MIA CHS BAL PML
      1,778 words
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  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      1565 34 AQABA R OAM/ LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE WE gj MALAYSIA KATSURAOI 20/112 30/3 16/4 19/4 17/4 Port Kelang Penang KITANO 24/312 2/4 11/4 18/4 20/4 23/4 25/4 27/4 Pasir Gudang KAMAKURA 33/113 6/4 23/4 26/4 24/4
      1,565 words
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      Page 34 Advertisements Column 2
      613 34 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam a Mongolia Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned America V 2084 6/4 12/5 CGM
      613 words
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      Page 34 Advertisements Column 3
      1164 34 NOR ASIA NOR ASIA AL MANSOORAH 9412 3 30/03 20/04 23/04 24/04 25/04 25/04 26/04 27/04 28/04 21/04 I SEA NOMMC 413W 07/04 27/04 30/04 01/05 02/05 03/05 04/05 05/05 06/05 0«/05 I NOR ASIA SUN 9414 3 13/04 04/05 07/05 08/05 09/05 10/05 U/05 12/05 13/05 13/05 I NOR
      1,164 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      1838 35 K STRAITS SHIPPING PTE LTD 10 Hoc Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC UNE jSPEp (A SERVICE OF CHINA NAVIGATION CO) CARGO OUI SAILS RAJAH BROOKE ¥0* ttjara. Lib 26 128 Mm 29 Mar 30 Mar FCL tct CONTAINER AND BREAK BULK
      1,838 words
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      Page 35 Advertisements Column 2
      3259 35 i- SINGAPORE AGENT: PXill I n At*C P»0 Containers (Singapore Agencies) Pie Lid > M> LIL%. W 3 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 ■Pw- v.T- 1 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 IP r %.< CR Number **********0Z EXPORT IMPORT VESSEL
      3,259 words
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      Page 35 Advertisements Column 3
      8 35 COLOMBO WEEKLY L.C.L. SERVICE TEL: *****26 FAX: *****27
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      Page 35 Advertisements Column 4
      35 35 VESSEL ETA ETC DESTINATION SONG TIEN M 11/ M IS/04 NO CM MNN NHUT TAO 11/03 NO CM MNN SUBJECT TO INDUCEMENTS VIETHONG SHIPPING PTE LTD TEL: 225 1511 FAX: 225 0633 TLX: 8523M1 VIETHK
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      590 36 EKA JAYA AGENCIES Vlr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MY AMMAN TBADg PAQCH |MAHO*|MOWg/D«gCLl| t MO CMI MNH CHY HKMBT HOC ZUBK4 mWMttWIH KM-WMCHAM IMOtM MMTHfiHHIM »f L TO MYANMAR/YANGON SEW CONTAINER jgjggb M OCEANLINE3 VSI/VOY STOK Tan 31/3 4/4 11/4 YANGON GEN. AGENT: MYANMAR
      590 words
    • Advertisement
      Page 36 Advertisements Column 2
      1440 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FMVSI [-"SHU* HAUL SEA TV* IVI FM IS. 9N UNI HAUL SA» LM NIC HANJM HAMBURG 017E 1/4 MRECT 22/4 23/4 24/4 HNUN HMWK 017E 1/4 REEUK 047 C 5/5 t/5 «/5 HANJM SINGAPORE 013E 8
      1,440 words
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      Page 36 Advertisements Column 3
      1341 36 J j.T jriT3CTT|^ Imscptscwcucru wu oa rct sw m> lai cms oal htcim nr k n ib sgp I L GOME H 05* 25/3 Mil 4/4 t/4 1/4 U/4 12/4 11/4 14/4 15,4 1(4 21,4 11/5 12 5 1J b 21/5 24/5 25/5 2t/5 27/5 f/f M/t 20/t 22/t t
      1,341 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      2452 37 sex: 'NEPTUNE CYPRINE 07E' eta sgp 30/03/94 II H II ARRIVING LOS AN6ELES 16/04/94 IN 16 DAYS II tsi II aex: 'NEPTUNE CORAL 14E' ETA sgp 30/03/94 II II II ARRIVING NEW YORK 23/04/94 IN 23 DAYS ■1 Zr H *11 Contacting CaNfornia Pagasus ¥oy 2* la NK6 23/04/04 Bl
      2,452 words
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      Page 37 Advertisements Column 2
      1256 37 A MULTILINE SHIPPING PTE LTD Iff (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697
      1,256 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      1586 38 AS AGENTS: "I" LMI (SMGAPORE) fTI LIB (CI No: **********0 M) M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 T B ltT MALAYSIA "K" LMI MARITMI (MALAYSIA) SON BNO I TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SAAANA LAUT HfTERNUSA, TEL: JKT *****08
      1,586 words
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      Page 38 Advertisements Column 2
      1064 38 @APPENSHIP /2\ HAMBURG WV/ CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASM AND FAR EAST VESSQS LOADMG PORTS DtSCHARGE/LOADMG FOR HONESTY SZE 16/02 HAM 22/02 SPORE 28/03. LAEM. BKK SUMMER SZE 14/03 BREMEN 18/03 SPORE 26/04. BKK FRUrTION KLA 28/03 ANT 05/04 SPORE 05/05 BKK LOWCLEV HAM 23/03 ANT
      1,064 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      914 39 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I SSBSS* V CR NO **********0E I VESSEL VOY SM CMS M JED AO J ADC MOO PZU ASA KOTA WUAVA WJAOM 5/4 9/4 15/4 17/4 28/4 IS/4 20/4 22/4 28/4 KOTA BERANI BRNOOI IS/4
      914 words
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      Page 39 Advertisements Column 2
      1128 39 VtSSELS VOT Sm HAMBURG ROTTERDAM ANTWERP THAMES U HAAVt VR.LE D€ VTGA W32W 30/03 22/0* 24/04 25/04 26/Q4 27/04 WILE K WCSTA 7432W 07/04 01/05 03/05 04/05 05/05 0* 05 Vlll DC TIT ANA TO3W 12/04 05/05 07/05 04/05 09'05 10/05 Mill 01 TUCANA UO3W 11/05 13/05 14/05 15/05 16/05
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      Page 39 Advertisements Column 3
      396 39 MOL MYANMA «BBk FIVE STAR LINE (Myanmar National Line) Loading for Yanjon (Rangoon) Spore P.KIf Pen P.Gdj PAGAN V2OSW 2/ 3 Apr HP A AN N2OIW 6/10 Apr PAGAN V2O9W 15/17 Apr HAIATSIA AGENTS BOUSTEAD SHTPMG AGENCKS KUL TEL 03-*****00 PKL TEL 03 36*6767 PEN TEL 04-*****5 PGD: TEL 07-*****1/4
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      Page 42 Advertisements Column 1
      1086 42 ![.^/:_$?:;~]:';`>(>**/?&/)=%/| 11*1 II NOTE MSO ACCEPTOR CARGO fOE >SIAW fqiTS «W 0IH» P—a SM»»U iu wwm 11 SHINYEI SHIPPING (S) PTE LTD 16 ANSON ROAD #15-61/62 INTERNATIONAL PLAZA SINGAPORE 6267 CN NO: ieo2i9oooooN HOT LINE! *****38 (8 LINES) EUROPE ROTTERDAM. HAMBURG FELIXSTOWE 3/4/84 LENA VRE/ANTWERP MEDITERRANEAN Barcelona, Marseille, genoa 4/4/84
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      Page 42 Advertisements Column 2
      169 42 TO AUSTRALIA/NEW ZEALAND m S in tMk *H *<■* f** wraora i»t 15/5 rt/* t/* v> DIOI mm K/4 n/4 n/* i/» —II in 1 V 5 U/5 17/5 W/» MAATHA 37? 5T75 57*" t/t 1V< MA MICK LAM) TO USA/CANADA *5 S« CwHpft CMwiw HJt»i MTMOVOI 12W i«7« U/i
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      Page 43 Advertisements Column 1
      627 43 jjg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 2/4 ROTTERDAM 30/3 AARHUS/COPENHAGEN 274 HAMBURG/BREMEN 3/4 MARSEILE/FRANCE 30/3 FELIXSTOWE/UK 30/3 BARCELONA/SPAIN 1/4 LEHAVRE/FRANCE 30/3 GENOA/ITALY 4/4 ANTWERP/BELGIUM 3/4 LOS ANGELES/WC/Pt 31/3 SYDNEY/MELBOURNE 29/3 NEW YORK/EC 31/3 FREMANTLE/ADELAIOE 1/4 VANCOUVER 30/3
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      Page 43 Advertisements Column 2
      1017 43 mammsm maam&3HL I a |hi 111 3 V KL 'I VESSEL VOY SIN PEN ■1 WANAJHUM 221S I- S _jsjPL_S f 2/4_ f OCJA BHUM Fri 1/4 S.I 2/4 m VESSEL VOY SIN KK ISWA BHUM 44S Frt 1/4 Tw S/4 TTlf|tln Bmf ,jj i/4~"~Sun~ 1/4 XETHA BHUM 41W Tw
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      Page 43 Advertisements Column 3
      607 43 Guaranteed Sailings to: BANGKOK *LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS iii—r— 1 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: R3 ***** RISHIP (3 Unto) ETHIOPIAN
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      Page 44 Advertisements Column 1
      1590 44 fLABMN CONTAINER LINES, INC I IZIvTvVIAQWitK MAC-NELS SPORE: 2X***** (24 UNEB) UV V 1 in SOU (064) *****9 KUCHINQ (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQs (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWW/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN
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      Page 44 Advertisements Column 2
      211 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD CU HA ll* STORf PWI MIME PtNWK nn tux j i luidinj toi Male RUVM HUDHU 10 4 Disc luting and loading 'or Bomba OaPHN ?6 3 loadirii for Male naoi sura mi 3 loading (Of Male UMMIDH K 3 Loading (w
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      Page 44 Advertisements Column 3
      1028 44 f O THONG SOON UNES PTE LTD I I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I V J \y 227-50*8 FAX: 227-6011 I I N V. TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I 4 rwOM moo* caam*»r SINGAPORE TO SARAWAK VESSEL Ivor Is PORE PEST VESSEL
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      Page 47 Advertisements Column 1
      18 47 xUrn\* TIC-TECH-TOE To avoid stalemates, try some fresh strategies. Innovation Technology. Eveiy Thursday. SINGAPORE rI 1 Business Times
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      Page 47 Advertisements Column 2
      46 47 rFACRJBYI C_ w ICWFETEMA, I Maybe gob chance,-this I > 'n Any Job. any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU Singapore Press Holdings
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      Page 48 Advertisements Column 1
      459 48 NORTH PHILIPPINES FUU CONTAINEB SERVICE ZZZ VESSEL VOYAGE SIGAPORE MANILA LHOTSE 9401N 01/04 (FRH 09/04 (SAT) LHOTSE 9401 AN 04/04 (MOW) 09/04 (SAT) LOMHNG EVOY VIGOUR PAOFIC 9415N 08/04 (FRI) 16/04 (SAT) FRDAY AND MONO Y VIGOUR PACFIC 9415 AN 11/04 (MOW) 16/04 (SAT) SOUTH EMUPWNgg FULL CONTAINER SERVICE VESSEL
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      Page 48 Advertisements Column 2
      325 48 &$|?<%%>\>]"?*-%].)%}^^<$-\<*^' PT BAHARI HALUAN SAMUDERA Weekly COMMON FEEDER SERVICE rasa vor awwoiff pout kqawg klmwi TAMBANG VMI 1018 04 05/04 08 09/04 TAMBANG VtH 1019 1112/04 1516 04 NXMESIAN WATTORT 1) lAKARTA-BELAWAM-lAKARTA 2) lAK ARTA-? AIWANG-lAK ART A-SENARANG-SURABAYA-SOtARANG-JAKARTA CHAHAYA SUPPING ft TRADING CO. PTC LTD Tel: *****13 (6 Lines) Fax:
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      Page 48 Advertisements Column 3
      20 48 Y STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. BusinessEmes
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      680 48 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1(00 1700 ISOO 1900 2000 2100 2200 2300 30 29 25 19 1.2 07 03 0.2 04 08 1 7 2.5 30 3.1 2.9 2.3 IS 1.1 07
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      Page 49 Advertisements Column 1
      953 49 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 WW' ME* PCD* VESSELS VOY I SIN I RTM MIT* LEH* HAM jBEj FEL 23/03 25/03 26/03 NOR FRBOURG 310W 04/04 22/04 23/04 25/04 23/04 23/04 26/04 30/03 01/04 02/04 H. CHALLENGER 309W 11/04 30/04 01/05 03/05 01/05
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      Page 49 Advertisements Column 2
      490 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS WISH HOT V N MC U turn mm vm 12« 11/4 i«/« u/« OUMPM TIIMI ro 4/4 KEISMN *27 11/1 1/4 4/4 1/4 TIMS MTI HI turn sit nit/4 m ii/« IHI UU *24 T/4 1/4 FM EIST WOT
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      Page 49 Advertisements Column 3
      1051 49 VESSEL VOT sm ETA/D LAX I OAK 1 CHI I DAL MEM/COl HOP I NYC I ALLIGATOR GLORY 69* 31/03-01/04 17/04 19/04 20/04 21/04 21/04 22/04 22/04 23/04 GEORGE WASHNGTON BRIDGE 77A 07-M/04 24/04 26/04 27/04 21/04 21/04 23/04 29/04 30/04 ALLIGATOR PRPE 50* 14-15/04 01/05 03/05 04/05 05/05 03/05
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