The Business Times, 5 April 1994

Microfilm: NL19091
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times MITA(P) 010/12/93 Tuesday April 5 1994 WE KNOW ASIA 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon McDonnell Douglas to raise share stock
      71 1 Reuter ST LOUIS McDonnell Douglas Corp said in its 1994 proxy statement yesterday it would ask for shareholder approval to increase its authorised shares of stock to 210 million from 110 million. The company said it needed the extra shares for possible future actions
      Reuter  -  71 words
    • Article
      Lock icon Israel, PLO hammer out police accord
      43 1 AFP CAIRO Israel and the PLO hammered out the details of an accord yesterday to deploy Palestinian police in the occupied Gaza Strip and Jericho, as troops wounded 17 Palestinians amid preparations for an army pullout. AFP
      AFP  -  43 words
  • Article
    MARKET SUMMARY
    155 1 Stack market indices Moaiajr Change STII 2,039.12 -41.78 KLSEComp 928.33 -31.6! Nikkei 19.122.22 -154.94 Hang Seng closed SET Index 1.196.18 -36.35 Jakarta Corap 486.39 -5.98 CLSA China B closed Aust All Ord closed FTSE 100 closed Monday Previous 2pm dose Dow Jones 3,601.13 3,635.96 Average of prime or
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  • Article, Illustration
    Regional stocks tumble in anticipation of Wall St sell-off
    473 1  -  By R Sivanithy SINGAPORE It was a case of the tail wagging the dog as regional investors yesterday rightly anticipated a sharp fall in New York and pushed share prices down sharply. In Singapore, the Straits Times Industrials Index dropped 41.78
    473 words
  • Article, Illustration
    US bond yields may hit 10pc in coming years: Kaufman
    159 1 NEW YORK United States bond yields could rise to as much as 10 per cent "in the years to come" now that inflation has bottomed out. Henry Kaufman, formerly chief economist at Salomon Brothers, and now head of Henry Kaufman
    159 words
  • Article
    Lock icon Dow recoups half of 83-pt loss
    329 1 Reuter NEW YORK Blue-chip stocks plunged yesterday morning on heightened fears of higher interest rates, but managed to narrow their losses by midday as baigain-hunters returned to pick up hard-hit issues. The Dow Jones Industrial Average was down by as much as 83 points
    Reuter  -  329 words
  • Article
    Simex monthly turnover shoots past 2m contracts
    205 1 SINGAPORE Monthly turnover on the Singapore International Monetary Exchange has shot past two million contracts. Simex said yesterday that 2.12 million contracts were traded in March, compared with 1.% million in February. The March daily average was 97,102 lots. The main reasons for
    205 words
  • Article
    Thai baht may be used for World Bank loans and bonds
    457 1  -  From Loh Hui Yin in BANGKOK THE Thai baht may be used as a currency for loans and bonds issued by the World Bank, marking its status as an "international" unit. At present, World Bank loans arc denominated in
    457 words
  • Article
    Only 9 listed groups in $100m club
    189 1 SINGAPORE Only nine Singapore-listed companies, led by newcomer Singapore Telecom. reported group earnings of more than Sioo million last year. Telecom, whose shares started trading last November, topped the list with earnings of Si billion. Singapore Airlines was second with $851 million, followed
    189 words
  • Article
    Foreign-owned factories in US outperform local plants
    388 1  -  By Chuang Peck Ming SINGAPORE Foreignowned factories in the United States including those owned by Asians are generally bigger, more capital intensive. more productive and pay higher wages than American factories, says a government study. The US Department of Commerce has found that
    388 words
  • Article
    Lock icon Inflation soars in big China cities
    208 1 Bloomberg Business News BEIJING Inflation reached an annual rate of 25.9% in China's 35 largest cities in February, with staple food prices rising the fastest, the official Financial News reported. Despite government efforts to limit escalating prices for food, vegetables cost 53.5% more in
    Bloomberg Business News  -  208 words
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      111 1 b&fr The Worts SmaM Sum Auto pr x rocus uxxii wmera P 4 Nikon I ZGDWI3<3DQD contents I Nm Companies Spore News 2 Spwelfaa 17.18.19 Regional News 3.4.6 Financial 2021 World News 8 Ffttwfs Miriiflts IS Clob/KLSt. SES 2*26 Edrtorial 14 Regional 22 Sports 10 World 23 TW/Liteslyte 13 Currenaes
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      23 1 Property: Pg u Bargains in America The race Afta must run against Gatt 1994 Interview with Asean secretary-general Ajit Singh Analysis, Pg 15
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      12 1 Hock Lock Siew: Pg 17 Is Indian bourse heading for a crash?
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      Page 1 Advertisements Column 4
      30 1 The Bottom Line: Pg 16 i Freer trade key to prosperity HmiMhAtikuMi BBM BUSINESS SVSTCMS (S) PTC LTD ©743-8000 #02 08 Great Pacific Warehouse. 7 Kaki Bukit.Road 2. Singapore 1441.
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      Page 1 Advertisements Column 5
      29 1 Vi TV* ktAtk Jgm liW WOrKTs gffuMK JOmm MB Focus Zoom Cmn I f Nikon ZQPM3GDQD B'Ps 1993 corporate earnings review: A 4-page pullout 1 urn to Pages MV
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon International calls up 17pc last year
        307 2  -  By Anna Teo SOME 123 million international telephone calls were made last year, an increase of 17 per cent over 1992. Latest figures from Singapore Telecom show that 10,522.311 calls were made in December, or 15 per cent more compared with a year ago.
        Source: Singapore Telecom  -  307 words
    • Article
      Four boatel owners team up to bag Punggol site
      157 2 A GROUP of boatel owners has won the tender for a 5-ha site at Punggol slated for boatel development. The Urban Redevelopment Authority said yesterday it had awarded the 30-year leasehold site to North Shore Marina for $17.5 million. North Shore
      157 words
    • Article
      Investment opportunities in China
      142 2 THE Trade Development Board is holding two conferences today on investment opportunities in China. The first, which focuses on Liaoning province, will be followed by a two-day fair at which local businessmen can view projects available. The conference, at the Marina Mandarin Ballroom, starts at 9.30
      142 words
    • Article, Illustration
      Airport GST refund claims: plane sailing so far
      369 2  -  By A J Leow NEARLY 600 tax refund claims on goods bought in Singapore have been successfully filed at Changi Airport since the Goods and Services Tax started last Friday. The executive director of the Singapore Tourist Promotion Board. Pek Hock Thiam,
      369 words
    • NEWS ROUNDUP
      • Article
        Telecom reaches out to Share
        116 2 SINGAPORE Telecom said yesterday it would match dollar-for-dollar the contributions of its employees to the Community Chest under the Social Help and Assistance Raised by Employees (Share) scheme. Telecom chief Wong Hung Khim said the group hoped to achieve a 10 per cent increase in
        116 words
      • Article
        Lawyers to visit Indonesia
        87 2 THE Trade Development Board will he leading 12 law firms on its first legal study mission to Indonesia from tomorrow. April 6, to April 8. Mission members will inelude representatives of the Law Soeiety of Singapore and the Singapore International Arbitration Centre. The mission leader is
        87 words
      • Article
        Interested in urban development?
        78 2 THE Acting Minister for Community Development and Minister of State for the Environment. Abdullah Tarmugi. will open a seminar on "Urbanisation. Sustainable Development and the Media", to take place on April 8 and 9 at the AMIC Centre. 39 Newton Road. The seminar aims to study
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      255 2 The Straits Times APPOINTMENTS offers a quality labour pool Give Your Face a Free Executive Treatment. Since Men's Skin Center introduced the Executive Treatment, many men have Jm experienced the pleasure and confidence that come rom having their skin "groomed" with the same attention they give to their hair and
      255 words
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      391 2 BROKERS'STOCK PICKS 15 -16 June 1994 Marina Mandarin, Singapore A NOTABLE PANEL OF SPEAKERS FROM: 4 key benefits of attencHng:- Australian Boating Industry Association Lawmar, 1. Know the current and future trends of waterfront and Australia TKA Associates, The Netherlands Pacific marina development in the Asia-Padfk: region Marina Developments, Australia
      391 words
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      Page 2 Advertisements Column 3
      115 2 S7y//e (ji/Mwe. A sumptuous experience. Introduc ing our new a Ui carte menu. With dishes exquisitely prepared and served in elegant surroundings. Music. Reminisce as Los Senores, our new 3-piece strollers from the Philippines, plays the evergreens. And the world at your feet. At sut h a height, you'll like
      115 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Manila board begins to carve out areas for phone firms
      285 3 Reuter MANILA The National Telecommunications Commission said it has begun to allocate specific areas in the country to telephone firms, which are likely to eat into areas dominated by the Philippine Long Distance Telephone Co. The companies given specific assignments
      Reuter  -  285 words
    • Article
      Lock icon Energy supply key to Vietnam's progress: analysts
      245 3 Reuter HO CHI MINH CITY Development of energy resources will play a key role in Vietnam's economic recovery in coming years, according to energy executives and analysts. "Energy supplies are vital for any emerging economy and Vietnam is no exception. The economy isn't
      Reuter  -  245 words
    • Article, Illustration
      Lock icon More ways to stay healthy
      31 3 Reuter HANOI Old Vietnamese men massaging each others' backs after an early morning exercise yesterday. They are holding an hour of different exercise movements daily. Reuter
      Reuter  -  31 words
    • Article
      Lock icon Bapindo scandal widens, more arrests seen
      152 3 Reuter JAKARTA Indonesia's twomonth old Bupindo hank scandal has widened with officials threatening more arrests and the ruling Golkar party saying it would expel any of its members involved in the multi-mil-lion dollar fraud. The attorney-general, investigating the fate of a US$43O million (SS6B4
      Reuter  -  152 words
    • Article
      Lock icon Dutch PM in Indonesia to boost economic ties
      143 3 Reuter JAKARTA Netherlands Prime Minister Ruud Lubbers arrived in the former Dutch colony of Indonesia yesterday for a four-day visit that will stress the economic ties that hold together the two nations' historically awkward relationship. "Bilaterally. I think. President Suharto will stress
      Reuter  -  143 words
    • ASIA NOTES
      • Article
        Lock icon Japan, EU ministers to meet in Tokyo
        98 3 AFP TOKYO Japanese and European ministers are to hold meetings in Tokyo on April 22 and 23 to discuss trade issues, Jiji Press said yesterday. The Japanese side will be represented by Foreign Minister Tsutomu Hata, Finance Minister Hirohisa Fujii and Trade and
        AFP  -  98 words
      • Article
        Lock icon Hanoi tells 3 Americans to leave
        68 3 AP HANOI Three Americans seeking evidence of US prisoners held after the Vietnam War have been denied access to an alleged underground prison and must leave the country, Vietnamese officials said yesterday. The officials said the three insist on visiting a sensitive military facility
        AP  -  68 words
      • Article
        S Korea revises GNP growth upwards
        90 3 SEOUL South Korea's economy will grow faster than earlier forecast, fuelled largely by recovering capital investment and rising exports, state and private economic institutes said. Research bodies including the state-funded Korea Development Institute (KDI), and the private Samsung Economic Research Institute and Daewoo Research
        90 words
      • Article
        Lock icon Manila defers tax on export earnings
        80 3 AFP MANILA The Philippine government yesterday deferred the implementation of a 2.5-per cent tax on export earnings following strong opposition. Finance Secretary Roberto de Ocampo said he would be meeting with officials of the Philippine Exporters Confederation (Philexport) to thresh out their complaints on
        AFP  -  80 words
    • Article
      Malaysia expels KL correspondent of news agency IPS
      499 3  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA has expelled the Kuala Lumpur correspondent of Inter Press Service (IPS), an international news agency identified with promoting Third World views, over an unspecified article deemed as a threat to national security, its regional
      499 words
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      Page 3 Advertisements Column 1
      130 3 Sleeping in Business Class. A brief history. 1968 A 1978 1982 i 1985 1989 1990 <xLDk, The global alliance of KLM and Northwest personal space...with nearly 50% more legroom Airlines introduces World Business Class 81 and recline. More space than virtually any a whole new level of service that offers
      130 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Beijing seeks to open up retail market
        119 4 AFP HONGKONG China is talking to foreign store operators as part of measures to open up its huge retail market, it was reported yesterday. Chinese Trade Minister Zhang Haoruo was quoted by the Beijing-run Hen H'ei Po as saying that the country would
        AFP  -  119 words
      • Article
        Lock icon 10 die as illegal gold mine collapses
        107 4 Reuter BEIJING A Chinese mountainside riddled with illegal gold mines has collapsed and killed 10 prospectors, the official newspaper China Gold said yesterday. It said the incident should be a lesson for gold-grubbing gangs and illegal syndicates that "covet gold more than life".
        Reuter  -  107 words
      • Article
        Lock icon China urged to join in nuclear talks
        70 4 Reuter TOKYO China should join Japanese, US, and South Korean efforts to get North Korea talking about how to end the crisis over its suspected nuclear weapons programme. Prime Minister Morihiro Hosokawa said yesterday. Mr Hosokawa told South Korean Foreign Minister Han Sung
        Reuter  -  70 words
      • Article
        Lock icon HK journalists more wary in China
        98 4 AP HONGKONG Hongkong journalists said yesterday they would be more wary about doing their job after China confirmed that one of their colleagues has been sentenced to 12 years in prison on charges of stealing state secrets. Xi Vang, a reporter for the Hongkong
        AP  -  98 words
    • Article
      Lock icon HK govt official urges buyers to delay purchasing apartments
      163 4 Bloomberg berg Business News HONGKONG A Hongkong official has urged potential home-buyers to hold off on purchases for several months to allow time for government measures aimed at curbing soaring prices to have an impact. the South China Morning Post reported.
      Bloomberg berg Business News  -  163 words
    • Article
      China expects foreign-funded enterprises to lift export share
      520 4  -  By Schutz Lee SINGAPORE Foreignfunded enterprises in China will account for as much as 40 per cent of the country's foreign imports and exports this vear, up from 34 per cent for 1993. Liu Zhicheng. vice-chair-man of China's Association of Enterprises with
      520 words
    • Article
      Lock icon Beijing jails Hongkong reporter, defends action against dissident
      267 4 Reuter BEIJING China, taking an uncompromising line on human rights, yesterday defended police action against its bestknown dissident and announced it had jailed a Hong-kong-based reporter for 12 years for spying. The Foreign Ministry said police had a right to interrogate veteran
      Reuter  -  267 words
    • Article
      Visitors of conferences, exhibitions in HK up 12.5pc last year
      258 4  -  By A J Leow SINGAPORE The number of visitors attending conferences and exhibitions in Hongkong rose 12.5 per cent to 270.086 last year. According to latest statistics from the Hongkong Tourist Association (HKTA), the number of events held in the
      258 words
    • Article, Illustration
      Lock icon When women and children get together for a cause
      38 4 Reuter TAIPEI Children donating their toys yesterday as part of the Taiwan's W omen and Children's Day. The toys will be sent to needy children in developing countries. Renter
      Reuter  -  38 words
    • Article
      Lock icon Beijing launches new rules against fraud by foreign firms
      179 4 AP BEIJING China is introducing new regulations to crack down on foreign companies cheating their Chinese partners by inflating the value of their assets. The China Daily yesterday said the new rules, going into effect next month, would help Chinese trade
      AP  -  179 words
    • Article
      Lock icon North China faces drought of the century
      295 4 Reuter BEIJING Beijing faces "the drought of the century" as dry conditions spread across north China, prompting officials to set a 28 million yuan (SSS million) emergency fund to help pump water, the official media said. The State Anti-Drought Office reported that 17
      Reuter  -  295 words
  • Page 4 Advertisements
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      37 4 HHjf if I APARTMENT LIVING 1 I Isn't Based On I S How Much Space I 1 You Have 1 rl If s about making room for tho lifestyle you dosorvo. V than Just another decor magazine.
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      116 4 r n WESTERN SAMOA I—— long term international KVJmMiLVJJm companies are the most cost effective solution for your offshore company 81 kil LW structure. Available at an effective annual cost We also provide offshore from as low as US$4OO from British Virgin Islands per annum. Bahamas Bermuda Full nominee, Cook
      116 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      97 5 We're pleased to announce our new 'jft global name. From 9 May, CM&M Futures will operate under a new global name: HSBC Futures. You'll continue to enjoy the service of Singapore's most progressive futures company. With HSBC Futures, your future is backed by one of the largest and most strongly
      97 words
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  • REST OF ASIA
    • Article
      Lock icon Japan's central bank says economy getting better in some areas
      603 6 Bloomberg Business News, Reuter TOKYO Bank of Japan Governor Yasushi Mieno yesterday said the Japanese economy has shown signs of improvement. In his opening speech to the central bank's quarterly branch manager meeting, Mr Mieno said private consumption and industrial
      Bloomberg Business News,; Reuter  -  603 words
    • Article, Illustration
      Lock icon Talk of forced resignation plagues Hosokawa
      722 6 AFP TOKYO Speculation is mounting in the press and political circles that scandalplagued Japanese Prime Minister Morihiro Hosokawa may be forced to resign in exchange for approval of the fiscal 1994 budget. Political leaders have yet to say openly that such a deal is
      AFP  -  722 words
    • Article
      Lock icon Inflation in India inches closer to double-digit level
      477 6 Reuter NEW DELHI India's annual inflation rate crept close to double-digit level in the middle of March and economists say it would average 9 per cent in the 1993/94 (April/March) financial year. Inflation, as measured by the wholesale price index, rose sharply
      Reuter  -  477 words
    • Article, Illustration
      Lock icon Indian minister survives assassination bid; Sri Lankan opposition politician shot dead
      252 6 Reuter, AP NEW DELHI The leader of India's most populous state survived an assassination attempt yesterday by a young man who tried to stab him with a knife. The United News of India said Mulayam Singh Yadav was attacked
      Reuter,; AP  -  252 words
    • Article
      Lock icon NZ govt denies ripping off potential migrants
      321 6 AFP WELLINGTON A government spokesman yesterday denied that New Zealand was "ripping oflT potential migrants by accepting fees for putting their names in a pool but not carrying out random draws. Opposition Labour Party Member of Parliament Annette King claimed on Sunday that
      AFP  -  321 words
    • Article
      Lock icon S Korean agriculture minister gets the boot
      217 6 Reuter SEOUL South Korean President Kim Young Sam yesterday dismissed his agriculture minister in response to a political row over Seoul's concessions during world trade talks. A presidential spokesman said Kim Yang Bae was replaced by Vice-Interior Minister Choi In Kee. Kim Yang
      Reuter  -  217 words
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      Page 6 Advertisements Column 1
      613 6 A ANA HOTELS SINGAPORE LTD. (Incorporated in the Republic of Singapore) The Directors announce the unaudited results of the Company for the year ended 31st December 1993. 1I» 1992 W--1. (A) TURNOVER *****400 37,533*300 s*(B) INTEREST INCOME 1755 0 2a. OPERATING PROFIT before Income Tax and Extraordinary item but after
      613 words
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      Page 6 Advertisements Column 2
      173 6 The Singapore Institute of Management, in collaboration with Henley Management College and Brunei University, invites applications for the DBA programme. METHODOLOGY PROGRAMME STRUCTURE The doctoral programme stretches over 3 years on a part-time basis. The key features of the programme include a short residence at Henley for the Advanced Management
      173 words
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      142 7 jj* SAFR A N E I;" IT Cir? M*j*zine Rahman lb Bangkok I Priority Servicing 3 years' Renault Care Replacement car p ick up service available Free shuttle service to (24 hours notice) Programme See in-store for details at a minimal charge MRT from Exklusiv Centre (InckxJes 3 yean Free
      142 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon UK kids' pockets ring in the good times
        94 8 Reuter LONDON British children are recovering from recession faster than other sectors of the population, with average pocket money increasing at about two and a halt times the rate ol inflation, a report showed yesterday. The 20th annual survey by Wall's ice
        Reuter  -  94 words
      • Article
        Lock icon US$800m IMF credit for Algeria
        88 8 AFP ALGIERS The International Monetary Fund is to grant Algeria a credit facility of USSBOO million (SSI.2 billion), media reports said on Saturday, a day after more than two months ol negotiations between the two parties ended in Washington. The facility will be confirmed at
        AFP  -  88 words
      • Article
        Lock icon Caracas won't renegotiate foreign debt
        91 8 Bloomberg Business News CARACAS Venezuelan President Rafael Caldera will not seek to renegotiate the country's foreign debt this year, one ol his top economic advisers said. "This isn't one of the government s priorities," said Enzodel Bufalo. director of state planning agency Cordiplan. Mr Caldera,
        Bloomberg Business News  -  91 words
      • Article
        Lock icon Reds win 33pc of votes in Ukraine poll
        80 8 Reuter KIEV Communists and their allies won a third of a small number of seats contested in a second round of voting in Ukraine's parliamentary election on Sunday. Interfax-Ukraine news agency reported yesterday. Only 33 of the 450 seats were contested. Forty-nine
        Reuter  -  80 words
      • Article
        Lock icon Zhirinovsky warns Finland about Nato
        79 8 Reuter HELSINKI Russian ultra-nationalist leader Vladimir Zhirinovsky told Finnish television on Sunday that Nato's main task was to oppose Russia, and Finland would become Russia's enemy if it joined the North Atlantic Treaty Organisation. Mr Zhirinovsky, due in Helsinki yesterday, was asked what would happen
        Reuter  -  79 words
    • Article
      Lock icon Gag rule riles Argentine pension fund organisers
      142 8 UPI BUENOS AIRES Business groups planning on starting pension funds in Argentina in July when the state pension scheme will be opened up to private competition have complained of excessive regulation, including a ban on any publicity until May. The gag rule forcing
      UPI  -  142 words
    • Article
      Lock icon White House adviser expresses confidence in US economy
      384 8 Turmoil in world financial markets Reuter WASHINGTON White House economic adviser Robert Rubin has expressed confidence in the fundamental strength of the US economy and predicted the Clinton Administration's long-term policies will overshadow Wall Street's turmoil. Mr Rubin's remarks on ABC's This
      Reuter  -  384 words
    • Article, Illustration
      Lock icon S African leaders get together for Easter
      69 8 Reuter PIETERSBURG, South Africa African National Congress president Nelson Mandela (extreme left). South African President F W de Klerk (centre) and Inkatha Freedom Party leader Mangosuthu Buthelczi attending an Easter sen ice together on Sunday. It was a rare gathering for the three
      Reuter  -  69 words
    • Article
      Lock icon Clarke: I react only to events with long-term impact
      261 8 Reuter LONDON Britain's Chancellor of the Exchequer Kenneth Clarke said he would not necessarily respond immediately to upheaval in financial markets, taking a long-term view before moving to meet events. "Were we to have any flutter in the markets I'd have
      Reuter  -  261 words
    • Article
      Lock icon Russian inflation fell in March
      174 8 AP MOSCOW Russia got some good economic news yesterday when the government announced that inflation fell below 9 per cent a month in March, the lowest level since economic reforms began in January 1992. Consumer prices have jumped 46 per cent since the start of
      AP  -  174 words
    • Article
      Clinton will find reasons to renew China's MFN: expert
      233 8  -  B* Alec Almazan SINGAPORE The United States is likely to renew China's Most Favoured Nation trading status even though puhlie opinion in America has turned against China, the head of a Washington-based think-tank said here yesterday. "President Clinton will find sufficient
      233 words
    • Article
      Lock icon Nato unlikely to allow Russia to change treaty terms
      363 8 Reuter WASHINGTON Nato will reject any attempt by Russia to change the terms of a 1990 treaty to allow it to station new forces along its northern and southern flanks. US Defence Secretary William Perry said on NBC's Meet the Press
      Reuter  -  363 words
    • Article
      Lock icon Yeltsin's foes start campaigning for presidency
      329 8 Reuter MOSCOW Russia's next presidential election is still officially more than two years away, but for President Boris Yeltsin's two fiercest rivals the presidential campaign has already begun. Election rules have yet to be drawn up. polls have not been called. Indeed, under the
      Reuter  -  329 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      353 8 ENTERPRISE REGIONALISATION: STRATEGIES FOR SUCCESS DQ Regional expansion is no longer a distant option for Singapore businesses. Presently, regionalisation has become imperative for Singapore enterprises to remain successful beyond 1994. Regardless of host countries, there are fundamental issues determining the success of developing and managing profitable regional operations. Critical issues
      353 words
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      Page 8 Advertisements Column 2
      76 8 Let's meet at The 7th Propak Asia in World Trade Centre, Singapore (12-15 April, 1994) MALTOL ETHYL MALTOL Competitive Price and Good Service Quality standard: F.C.C. of U.S.A. Package: cardborad drum, compound tin Annual output: total 60 ton (25kg/drum, 500x24tin/box) Delivery period: 15-30 days VANILLA FLAVOURS DHA/EPA GINKGO BILOBA EXTRACT
      76 words
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  • Page 9 Advertisements
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      380 9 with The Canon laser Fax, Wre In Good Company. >,J < o I? 1 fc*™ v < t i k 1 r i C v y> 1 INSURANCES V* 1 :j 4 TRAMSPORT ft l^iu' I v— Otter ♦<k i iqa itA Notes high low C^:>S« Price Price Gros <
      380 words
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  • SPORTS
    • Article, Illustration
      Lock icon Crenshaw wins Freeport-McMoRan Classic
      463 10 Golf AP NEW ORLEANS Ben Crenshaw, his putting toueh especially sharp, shot his third straight round of 68 on Sunday to win the Freeport-McMoßan Golf Classic by three strokes. "I was really proud of the way I played this week on this course," said Crenshaw, who
      AP  -  463 words
    • Article
      Lock icon Welcome to Augusta, home of the big Masters debate
      955 10 NYT AUGUSTA. Georgia Even now. Gene Sarazen remembers it as though it were last week. He can see the 15th green, with the pin cut on the right side. He can feel the breeze, smell the grass. He can recall the
      NYT  -  955 words
    • Article, Illustration
      Enjoy the Malaysia Cup — for what it's worth
      665 10  - Enjoy the Malaysia Cup for what it's worth By Shahiron Sahari LOVE it or hate it. the Malaysia Cup season, in all its dubious finery, is back with us for another year. If nothing else, the feverish competition more correctly known as the M-League of which the top 10 teams
      665 words
    • Article, Illustration
      Lock icon Blazers, there goes my ball
      48 10 Reuter EAST RUTHERFORD, New Jersey Portland Trailblazers' guard Rod Strickland losing the hall after colliding with New Jersey Nets' guard Kenny Anderson in the second period of their NBA game on Sunday at the Meadowland Arena here. Portland beat New Jersey 109-105. Reuter
      Reuter  -  48 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        100 10 Reuter CINCINNATI, Ohio Ray Lankford got the 1994 baseball season oil' to a rousing start when he belted a lead-oIT home run oIT Reds" starter Jose Rijo to spark the St Louis Cardinals to a 6-4 win over Cincinnati on Sunday night. Sunday marked the first time in the
        Reuter  -  100 words
      • Article, Illustration
        Lock icon Basketball
        34 10 Reuter NEW YORK NBA Sunday. Detroit 93 Chicago 96; New Jersey 105 Portland l(W; LA Clippers 9X Houston 1(16: Philadelphia 86 Boston 97: LA Lakers 102 Atlanta 89; Phoenix IOX IVnver 9X. Renter
        Reuter  -  34 words
      • Article, Illustration
        Lock icon Equestrian Sports
        73 10 AP COIKBOKG. Sweden IX*lending champion Monica Theotlorescu. aboard Cianimcdes. won the (irand Prix event ahead of fellow (ierman Nicole UplutlT-Bccker as the World Cup dressage finals started on Sunda>. Competing before some 10.000 tans in the Scandinavium Arena. Theodoreseu collected 1.6X4 points in the compulsorv lest lor the
        AP  -  73 words
      • Article, Illustration
        Lock icon Golf
        182 10 Bernama AP AFP KOI'A KINABAI.r American Craig McClcllan won the 12th Sabah Masters championship in the Asian lour series in a sudden death play-olf at the Sabah Ciolf and Country Club course on Sunday. McClcllan. 38. snatched the victory from Myanmar's Kyi Ilia llan who tied with hiin at
        Bernama; AP; AFP  -  182 words
      • Article, Illustration
        Lock icon Ice hockey
        30 10 Reuter NEW YORK NHL Sunday: Detroit 3 St Louis 3 (OT); Pittsburgh 6 Boston 2: Washington 3 Dallas 6: LA 6 Edmonton I: Chicago 2 Calgary I. Renter
        Reuter  -  30 words
      • Article, Illustration
        Lock icon Rugby
        148 10 AP AFP IjONDON England's new manager named si\ uncapped players on Sunday lor the tour of South Africa, but Jack Rowell stuck mainly with the group that finished second in the recent Five Nations championship. Rowell also reaffirmed his confidence in captain Will Carting as the man to lead
        AP; AFP  -  148 words
      • Article, Illustration
        Lock icon Tennis
        173 10 Reuter AFP HILTON 11 HAD, South Carolina Famil) Circle Cup Sunday: Conehita Martinez (Spn) b Natalia Zvereva (Bela) 6-4 6-0. Renter TOKYO Japan Open Ist id yesterday Men: Henrik Holm (Swe) b Ryuso Tsujino (Jpn) 4-6 6-1 6-2; Jonas Bjorkman (Swe) b Toshitsugu Mori (Jpn) 6-1 6-3; Greg Rusedski
        Reuter; AFP  -  173 words
  • Page 10 Advertisements
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      125 10 i« s Business Times Subscription Drive Lucky Draw RESULTS Congratulations to all the following winners. Ist Prize: 1 Jaeger-Le Coultre Atmos Clock Tay Kok Seng (I/C: *****1Q/H) 2nd Prize: 1 Maurice Lacroix Swiss Timepiece (Ref: *****.5223) Mm Lian K.P. Lewis (I/C: *****98/E) JBw 3rd Prize: 1 Maurice Lacroix Swiss Timepiece
      125 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Pidemco builds villa-style homes in Suzhou
      381 11  -  A J Leow reports on the Taihu Lakeside Villas, to be ready by early 1996 A J Leow PIDEMCO Land has started work on a villa-style development near scenic Lake Taihu in Suzhou, after a ground-breaking ceremony yesterday. The first phase, estimated to cost
      381 words
    • REGIONAL SKYLINE
      • Article
        Lock icon Kuok group signs Myanmar hotel pact
        58 11 The Nation YANGON The Malaysian-based Kuok group will invest US$l5O million (***** million) in two hotels in Yangon. The hotels, a Shangri-La and a Traders, will be managed by Hong-kong-based Shangri-La International Hotel Management. The 400-room Traders is expected to open in early 1997
        The Nation  -  58 words
      • Article, Illustration
        Lock icon Central group's 14th shopping plaza
        59 11 The Bangkok Post THON BURI Central Pattana Company plans to open its 14th shopping centre. Central Plaza Pin Klao. at Thon Buri on Nov 4. Managing director Suditham Chirathivat recently said work on the project will be accelerated to meet the deadline. More than 90
        The Bangkok Post  -  59 words
      • Article
        Lock icon Buyers grab Sino Land's Tai Po flats
        73 11 South China Morning Post HONGKONG Sino Land Co. which recently paid record prices for residential land at government auctions, has sold all 81 flats at its Classical Gardens development in Tai Po. It originally offered 43 units at an average of HK55.699 (SSI,
        South China Morning Post  -  73 words
      • Article
        Lock icon Chanachai plans new condominium
        58 11 The Bangkok Post BANGKOK Chanachai Co, a joint venture between the Chutrakul and Lamsam families, plans to develop a 16-storey. luxury condominium project in Soi Ruam Rudee II oft" Plocnchit Road. There will be 129 units, ranging from 45 to 133 sq m. Prices will start
        The Bangkok Post  -  58 words
    • Article, Illustration
      Bargains in America
      850 11  -  By A J Leow LOCALS who invest in overseas real estate should not ignore properties in the United States, says a San Franciscobased investment consultant. According to Singaporehorn JetY Tay Toh Heng. executive director of Gentium Realty Investments Inc (GRI). a window of opportunity currently exists in
      850 words
    • Article, Illustration
      Lock icon Optimistic forecast for US hotels
      268 11 MOST American hotel operators expect business conditions to improve in 1994. according to a survey by San Franciscobased PKF Consulting. More than 85 per cent of hotel managers polled by the firm anticipate increases in hotel occupancy, average daily rates and overall revenue, as well
      Source: PKF Consulting  -  268 words
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      Page 11 Advertisements Column 1
      139 11 r. 4' i I K» ■n. feß ■HDH 4 ■k^^^Bl^S MKjajisgß^^Psm? <w *'-V_ Ji S." >* -r *m irf'.Jfca K SSt Be honest now. How heavy are your hotel bills? WE HII II V I A COMEORTARIE ROOM. ATTENTIVE SERVICE AM) GREAT CUISINE SIIOUI l)\T COME AT A 111 \V
      139 words
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      668 12 Nothing Beats A Bud. or J£Tssyv GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our moat-talked about dessert. Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK 833 «0103 ROYALV*J_E
      668 words
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      Page 12 Advertisements Column 2
      191 12 WHERE TO WINE, DINE AND ENTERTAIN (p/heflu/vj A g/na a6xtf~ Why not make your next corporate function a mix of business and pleasure? Hold it at our corporate room in Singsation. Singapore's first theme karaoke lounge at the Plaza Hotel. <U<X*Ttti/ Plaza Hotel 4|ttl tmitf fan ((V/c 1 Lunch Cftrcy
      191 words
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      Page 12 Advertisements Column 3
      406 12 ]p jp ce t£ i s <e ]ts Widest appetiser choice. If we were to lay the appetiser spread at our monthly international lunch Buffet down Orchard %oad, you 11 have the widest choice in town. Literally and wonderfully. JQP Jot reservations, please call ***** Si. /W "British "Buffet for
      406 words
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  • LIFESTYLE
    • Article
      Lock icon Madam and Eve
      677 13  -  There are more than two million domestic servants in South Africa, making up about lOpc of the economically-active population. Drawing parallels in The Remains of the Daw a film about masters and servants, Rodney Finder examines the relationship between Rodney Pinder Reuter THE film of masters and
      Reuter  -  677 words
    • Article, Illustration
      Lock icon Books claim Stones' lead guitarist Jones was murdered
      503 13 AP TWO new books claim Rolling Stone guitarist Brian Jones was murdered in his swimming pool in 1969. a month after he split with the band. A coroner ruled at the time that 27-year-old Jones drowned in the pool at his 4.4-hectare
      AP; Reuter file picture  -  503 words
    • Article, Illustration
      Lock icon Just call me Beave
      538 13 CHATTERBOX AP UPI UPI AP UPI UPI JERRY MATHERS doesn't mind when total strangers walk up and say: "Hi. Beave." "It's like having friends all over the world." Mathers said. The 45-year-old former ehild star of Leave it to Heaver is glad people haven't forgotten him.
      AP; UPI  -  538 words
  • Page 13 Advertisements
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      164 13 fßmr »r BP A Lunch SI2 80+A jlvniT T Dinner: $16 80++ f Lunch cnnsiHls Soup. Main Course. I Dessert and CofTee/Tea. I r Dinner includes a choice of Main M r V Course with a bufTel spread of HI Vppelizers. Soups. Salads. Desserts W MEAL DEAL and Corree/Tea ,L
      164 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1214 13 TV RADIO Deadly her pera psychopath her In sequel. Harry from Michael the psycho doctor. He's over again. Earthvisions The Bustards!, jJ^W^' 10.40pm, SBC 12 v K^H l^Tf bird that somehow manages to airborne. But being shy and V ft no Spanish and more habitat disap- f pears to SBC
      1,214 words
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  • Article
    Who said managing reserves is easy?
    554 14 BMTOMAL FOR stepping down as governor of Bank Negara over its massive foreign exchange losses, Jaffar Hussein has been lauded as having done the "most honourable thing" by no less a person than former finance minister Daim Zainuddin, who appointed him to the job.
    554 words
  • WHAT THE OTHERS SAY
    • Article
      Italy gropes for new order
      215 14 THE OUTCOME of the election in Italy has ended its post-war political order that was dominated by a cen-tre-right coalition of Christian Democrats and Socialists. While the old order has been swept away, a new one is still to take shape. Forza Italia, the party
      215 words
    • Article
      Towards safer roads
      124 14 THE MOVE by the Traffic Police to come down hard on errant motorists might not be very well received by some people, especially motorists themselves. They might see this as another example of government highhandedness in dealing with problems on the road. But it is necessary, considering
      124 words
    • Article
      Threat to regional stability
      155 14 NORTH KOREA'S uncompromising stand has sparked new fears. For as long as Pyongyang insists on preventing checks by the International Atomic Energy Agency, it will be difficult for any further diplomatic efforts to succeed. With tension still prevailing, renewed political and diplomatic conflicts between North Korea
      155 words
    • Article
      A cost to pay
      146 14 MALAYSIA is facing a problem which many countries are happy to have: a shortage of workers to fill jobs available in the country. So we have no choice but to depend on foreign workers to keep our economy ticking. However, while acknowledging their contribution, one should
      146 words
    • Article
      Whack the speculators
      164 14 GOVERNOR Chris Patten deserves praise for taking the initiative in publicly insisting on urgent action to curb rising property prices. As the poll we publish today shows. Mr Patten has used his instinctive politician's knack to read the public mood correctly. The results demonstrate just how serious
      164 words
  • Article, Illustration
    Muslim nations must not shy away from Schindler's List
    952 14  -  Maggie Ford says support for the Palestinian cause is one thing; ensuring that the Holocaust is not forgotten and not repeated is something else Maggie Ford The writer is BT's Jakarta Correspondent IN 1945, as the world was celebrating the end
    952 words
  • Page 14 Advertisements
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      291 14 "Wfi Knocking on Wood What kindled the timber fever and can timber stocks deliver what they've L ALSO IN THIS ISSUE: New for flats Bargains on KL's Second Board Are Sydney's apartments really good buys? How liable are non-executive directors? Why foreigners are betting on the Nikkei I Get your
      291 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      94 14 look>ng i*>e. now you'd Nevee Be.ue.ve i once \mv boss tq go to POONESBURY GARRY TRUDEAU Hei.ten noneof ReMBMBeR.Faews.MR. after all. 1 rf* that! ronalprea- reagan &83 years olp! msmjNmy I TfRJENC# OUL, 6ANUIAS7HE OFCaXSeHISMeMOR/tStfT YSSiSSmiiWi Wf/Of 'SS'SSSSS J I^U^cS^lGN^iae\ I IT UA6NT UNTIL-AFTER RETIRNS FROM THE RALLY... I OUR
      94 words
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  • ANALYSIS
    • Article
      The race Afta must run against Gatt 1994
      1339 15  -  Fearing that the new Gatt accord will put Afta in the shade, regional leaders are pushing for faster implementation of Asean's free-trade programme. Yang Razali Kassim examines the issues and gets the views of the Asean secretary-general in an exclusive interview Yang
      1,339 words
    • Article, Illustration
      Grappling with the unknown
      1988 15 BT: There has been a lot of talk about whether Afta is actually moving ahead. What exactly is happening? Is it really moving at all? AJIT SINGH: I think the conception that Afta is moving slowly probably arose from the fact that when it was launched
      1,988 words
  • Page 15 Advertisements
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      28 15 nsi STRAIGHT TALK I(A You shouldn't have to read between the lines I 1 to get the full picture. Companies Markets. Everyday. SINGAPORE ril Business Times J VKCWVAM
      28 words
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      Page 15 Advertisements Column 2
      92 15 From the the present gourmet J its best. The freshest ingredients, choice selection all-time authentic Japanese preparation all presented in impeccable Japanese t hospitality and service. Set in aa cosy and warm Oriental ambience, you can .>]B request for our tranquil and private Tatami rooms for your dining pleasure o
      92 words
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  • Article
    Lock icon Northrop wins fight for Grumman with US$2.1b bid
    369 16 AP NEW YORK Northrop Corp won the takeover battle for Grumman Corp yesterday, sweeping in with a US$2.ll billion (553.31 billion) bid and breaking up a merger agreement with Martin Marietta Corp. Northrop responded to Grumman's call for best and last offers
    AP  -  369 words
  • Article, Illustration
    Lock icon Flying high in a gymnasium
    44 16 AFP OKYO Spectators watching a giant cardboard plane flying inside a gymnasium on Sunday in Tokorozawa, a Tokyo suburb. The world's largest plane flew almost 40 metres and is expected to be listed as a Guinness world record. AFP
    AFP  -  44 words
  • Article
    Lock icon US economy continues to grow but at slower rate, says report
    272 16 AP, Bloomberg NEW YORK American manufacturing expanded for the seventh straight month in March, although the rate of growth slowed from the month before, a trade group of corporate purchasing managers said yesterday in a monthly report. The assessment
    AP,; Bloomberg  -  272 words
  • Article
    Lock icon Beware of neo-protectionism in world trade, Escap warns
    323 16 AFP NEW DELHI Asia-Pacific nations, whose economic growth has been powered by their fast-rising exports, were warned yesterday to be on guard against attempts to introduce "neo-protectionism" in world trade. The warning was sounded by Rafeuddin Ahmed, executive secretary of the Economic
    AFP  -  323 words
  • Article
    Lock icon Four Seasons takes C$120m charge on real estate
    220 16 Bloomberg Business News Reuter TORONTO Four Seasons Hotels Inc said it will take a Csl2o million (SSI37 million) charge in the light of the "continuing depressed real estate markets." Four Seasons said the charge came after a review of the hotel owner
    Bloomberg Business News; Reuter  -  220 words
  • Article
    Lock icon M'sian, Swedish firms sign cooperation pacts
    232 16 AFP KUALA LUMPUR Visiting Swedish Prime Minister Carl Bildt and his Malaysian counterpart Mahathir Mohamad yesterday witnessed the signing of cooperation pacts between businessmen to develop a port and a commercial building. Stockholm-based Schorling sealed a deal with Malaysia's Ekran Bhd to develop the
    AFP  -  232 words
  • Article, Illustration
    World needs freer trade for greater prosperity
    738 16  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, where this commentary first appeared. HOW times have changed. Not so long ago, it was politically correct to regard developing countries as victims of exploitation by
    738 words
  • Article
    Lock icon Thai coalition says it's not dissolving Parliament soon
    343 16 Reuter BANGKOK Prime Minister Chuan Leekpai's five-party coalition, which suffered two stinging defeats in Parliament last week, yesterday said it had no intention of dissolving the House of Representatives in the near future. Thai newspapers have speculated that Mr Chuan may eventually
    Reuter  -  343 words
  • Page 16 Advertisements
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      248 16 r Nitsuko Digital Kcyphone Systems W Leading Tedinology I NO MANDARIN? KNOW MANDARIN.' NO TIME? YOU CAN LEARN MANDARIN IN 24 HOURS! Expat? Singaporean with little Mandarin? Need conversational Mandarin for business in China? Our special Mandarin programme may be what you are looking for. OUR COURSE We offer a
      248 words
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      Page 16 Advertisements Column 2
      61 16 &:>\,`>..$=$)+!{('+/:,{|..`+}`- PRIME CBD COMMERCIAL SITE in Raffles Place Vicinity For Sale By Tender (Under The Instruction Of The Mortgagees) Site Area 757 sq m (8,148 sf) Tenure 999/99 years Existing 10 Storeys Office Building ss K s Outline approval for a highrise office building at a gross plot ratio of
      61 words
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  • COMPANIES & MARKETS
    • Article
      Paint-maker Berger Int'l to launch share offer today
      223 17  -  By Corinne Kerk SINGAPORE Paint specialist Berger International will launch its initial public offer today. The share offer the first by a paint-maker in Singapore will be lead-managed and underwritten by DBS Bank. Berger International obtained in-principle approval from the Stock Exchange
      223 words
    • Article
      Lock icon SPC roots for bigger market share
      548 17 Reuter SINGAPORE Homegrown Singapore Petroleum Co (SPC) aims for a more permanent share of the burgeoning market for Asia-Pacific oil products, using its advantage as a refiner amid regional capacity shortages this decade, its president said yesterday. "We are looking at distribution facilities which
      Reuter  -  548 words
    • Article, Illustration
      Keppel Shipyard bags $25m Viet conversion job
      255 17 SINGAPORE Keppel Shipyard, part of the Keppel Corp stable, has clinched a $25 million conversion contract from Vietnam. According to a company statement issued yesterday, Keppel Shipyard will repair and convert Bavi, a 155,200deadweight tanker, into a floating storage offloading facility (FSO). Work
      255 words
    • Article
      Budget announcement adds uncertainty to Indian stock market
      678 17  -  HOCK LOCK SIEW By Shiv Taneja SINGAPORE While India's federal Budget, unveiled about a month ago. is unquestionably a continuation of the country's liberalisation process, there appears to be considerable uncertainty as to what it means for the Indian corporate sector in
      678 words
    • Article
      Sincere Watch in timely China move
      307 17 SINGAPORE Sincere Watch plans to open its first China outlet in Shanghai later this year, and has boosted the share capital of its Hongkong subsidiary to finance its expansion into China. The watch retailer, which is listed on Sesdaq. said yesterday that it increased
      307 words
    • Article
      CityDev in $18.8m Jakarta aquarium joint venture
      177 17 SINGAPORE City Developments and three companies associated with the Lippo group of Indonesia have joined forces to develop a high-tech aquarium project in Jakarta at about $18.8 million. City Developments' interest will be represented by Hong-kong-incorporated Beautimex. a wholly-owned subsidiary of CDL Hotels
      177 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        41 17 Weak Market Mixxl indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Overnight events may alter sentiment Brokers polled Alliance. Barings. GK Goh. Kay Hian. Morgan Grenfell. Ongco. Phillip. Smith Sew Court and ll'l Carr.
        41 words
      • Article, Illustration
        HOT STOCK
        146 17  -  -By Paul Leo Lee Kim Tah Holdings rallied from 95 cents last October to 51.57 on Jan 5. But it has since lost 37 per cent of its value or 58.5 cents to 98.5 cents. Short and medium-term technicals are indicating that the share is well supported. There
        146 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          CCL to launch two property projects
          113 18 SINGAPORE Cycle Carriage expects to launch two property projects by the middle of the year. The group's annual report released yesterday said the projects were a landed development of 124 three-storey terrace houses at Upper Changi Road last, and an 87-unit condominium in Hillview
          113 words
        • Article
          Wearne appoints overseas GM
          33 18 SINGAPORE Lee Ying Cheun was appointed group general manager, international operations, of Wearne Brothers on April I. He will supervise and coordinate the overseas operations ol the group's subsidiaries.
          33 words
        • Article
          Amcol property lifted by units' sales
          88 18 SINGAPORE Amcol said yesterday the improved performance of its property division related to sales by subsidiaries in respect of The Octagon and the Amtech Building. An attributable pre-tax profit of about $7 million was included as trading profit under group segmental information, it said
          88 words
        • Article
          Director's move at Powermatic
          25 18 SINGAPORE Powermatic has announced that Chan Kok Pun is no longer alternate director to Wellington Yu-Chia Pier, effective since Feb 28.
          25 words
        • Article
          Silkflags in voluntary liquidation
          36 18 SINGAPORE Jack Chia-MPH associate Silktlags Investments has been put into voluntary liquidation. Its assets have been distributed to shareholders, one of which is Fairdcnc Investments, a wholly owned subsidiary of Jack Chia-MPH.
          36 words
        • Article
          GSI bonus issue approved
          34 18 SINGAPORE Shareholders of General Securities Investment yesterday approved a bonus issue of 11 million new ordinary shares of $1 each on the basis of one for every five shares held.
          34 words
        • Article
          Lock icon Emico shares to be listed tomorrow
          106 18 Bernama KUALA LUMPUR Emico Holdings Bhd will be listed on the Kuala Lumpur Stock Exchange's Second Board tomorrow, the exchange said yesterday. Emico has an issued and paid-up share capital of M 515.9 million (559.3 million) comprising 15.9 million MSI shares. Emico is Malaysia's
          Bernama  -  106 words
        • Article
          Lock icon Guthrie pre-tax profit up 2.2pc
          42 18 Bernama KUALA LUMPUR Kumpulan Guthrie Bhd has reported a group pre-tax profit of MS 101.41 million (5559.5 million) for the year ended Dec 31 1993. up 2.2 per cent from M 599.2 million a year earlier. Bernama
          Bernama  -  42 words
      • Article, Illustration
        Lock icon Celcom to invest M$1.2b in operations, infrastructure
        397 18 NST KUALA LUMPUR Cellular Communications Network (M) Sdn Bhd (Celcom) will invest a total of MS 1.2 billion (***** million) this year to improve its operations and infrastructure facilities for its ART 9(H) cellular telephone services in the country. The V<'h Straits l
        NST  -  397 words
      • Article
        Lock icon San Miguel eyes Viet packaging venture
        248 18 AFP MANILA San Miguel Corp. the Philippines' top manufacturing firm, is eyeing a joint venture packaging project in Vietnam with Haiphong Glass, to add to a planned brewery, the trade department said yesterday. An official statement said San Miguel chairman and chief executive officer
        AFP  -  248 words
      • Article
        Lock icon Sale of stake will boost Berjaya Textiles' EPS
        200 18 Bernama KUALA LUMPUR Berjaya Textiles Berhad's gross earnings per share (EPS) will improve by 1.7 sen for the year ending April 30. 1994, due to the proceeds of M 557.01 million (5533.06 million) from the sale of a 28.05 per cent stake
        Bernama  -  200 words
      • Article
        Lock icon Honda opens car parts plant in Philippines
        218 18 AFP MANILA Honda Motors Co Ltd. Japan's third largest automaker, yesterday opened a 411 million peso (5522.9 million) car parts plant south of Manila. The Honda Pans Manufacturing Corp plant, which plans to export USS4 million (SSft.2 million) worth of parts annually. was
        AFP  -  218 words
      • Article
        Indon wood panel maker awaits govt's nod for share issue
        182 18 JAKARTA PT Artika Optima Inti (AOI). a wood panel manufacturer affiliated with the Djajanti Group, is still awaiting green light from the forestry minister before issuing 66 million new shares that will account for 30 per cent of its enlarged
        182 words
      • Article
        Lock icon SMI in US$60m entertainment venture in China
        470 18 MBT KUALA LUMPUR South Malaysia Industries Bhd (SMI) has embarked on a USS6O million (5593.6 million) joint venture to build integrated entertainment centres, multiplexes and simulated "movie" rides in China over the next two years. By 19%. there will be about 18 multiplex
        MBT  -  470 words
      • Article
        UNIT TRUSTS & FUNDS
        520 18 UNIT TRUSTS FUNDS Hwgm'prices Apr 5 I nifund 1.17 1.42 .yu I nihond 1025 103 amgapare umx im tMoiUfHrf 1 1.57 i6.i The (omMCfCV 157 I 65 I nited Asia fund 167 I 770. 1 he S.iv ings F uihJ I 4.1 I 50\d Spore I'rug fund 066 OM PiiMWIltUN
        520 words
      • Article
        Lock icon IBM to launch low-cost mainframe computers
        558 19 Reuter NEW YORK International Business Machines Corp is launching the first of its lowcost, microprocessor-based mainframe computers in an aggressive bid to restore falling revenues in its core business. Analysts said IBM would annoiitice today two machines with parallel processing architecture, one designed for
        Reuter  -  558 words
      • Article, Illustration
        Lock icon When shares come tumbling down
        54 19 Reuter TOKYO Two Japanese businessmen gazing at share rates as they stand before a stock quotation board at a Japanese security company office here yesterday. Tokyo stocks ended down from their previous close as active unwinding in arbitrage long positions in the morning hit cash
        Reuter  -  54 words
      • Article
        Lock icon US oil giant Baker Hughes has high hopes for Vietnam
        252 19 Reuter HO CHI MINH CITY Oil service and supply giant Baker Hughes, one of the first US companies to set up shop in Vietnam, is confident it can win a piece of the Vietnamese market despite the headstart the former
        Reuter  -  252 words
      • Article
        Lock icon Marks and Spencer expected to post £870m profit
        919 19 MARKET WATCH IHT LONDON Britain's largest retailer, Marks and Spencer pic, looks set to keep its crown as one of the world's most profitable store groups. It is expected soon to announce 1993 profit that may be as high as £870 million
        IHT  -  919 words
      • Article
        Lock icon China energy giant gets green light for NY listing
        331 19 Reuter BEIJING Huaneng International Power Development Corp. a unit of state energy giant Huaneng. said it has otv tained China's approval for a global share issue and primary listing on the New York Stock Exchange this year. The issue will be
        Reuter  -  331 words
      • Article
        Lock icon S Korea's top 3 investment trust firms post huge profits
        372 19 Bloomberg Business News SEOUL South Korea's top three investment trust companies recorded huge profits last year after three years of losses due to a brisk stock market, officials said yesterday. The Ministry of Finance said the combined profits of the
        Bloomberg Business News  -  372 words
      • COMPANY BRIEFS
        • Article
          Lock icon Aetna seeks improvement on own terms
          82 19 Reuter NEW YORK Aetna Life and Casualty Co is seeking to improve its operations on its own terms, without major acquisitions or mergers, the Am )<>rk limes said yesterday. The limes quoted chairman Ronald Compton as saying Aetna is not for sale and does
          Reuter  -  82 words
        • Article
          Lock icon Disney president killed in chopper crash
          85 19 AP ELKO. Nevada One of the top-ranking officials of the Walt Disney Co was among three people killed on Sunday when a helicopter crashed into a mountainside in north-eastern Nevada, authorities said, frank Wells, who had been president and chief operating officer for Disney
          AP  -  85 words
        • Article
          Lock icon Timber group Sumalindo triples profit
          93 19 AFP JAKARI A Indonesian timber and wood products group PT Sumalindo Lestari Ja\a (SLJ) said yesterday net profit more than tripled to 36.0 X billion rupiah (5526.6 million) last vear from 11.75 billion rupiah in 1992. In a statement published in newspapers. SLJ said its
          AFP  -  93 words
        • Article
          Lock icon Fanuc, Tatung in robotic systems tie-up
          79 19 Reuter lOKYO Fanuc Ltd yesterday said it had established a joint venture in Taiwan with Tatung Co Ltd to make and sell industrial robotic systems. A Fanuc spokesman said Tatung-Fanuc Robotics Co. capitalised at about 100 million yen (SSI.S million), is owned 40 per
          Reuter  -  79 words
        • Article
          Lock icon Jardine Fleming Asia fund files IPO
          68 19 Reuter WASHINGTON Jardine Fleming Asia Infrastructure Fund Inc last Friday tiled with the US Securities and Exchange Commission for an initial public offering of four million shares. The closed-end fund's investment objective is long-term capital appreciation. It plans to invest mainly in equity securities
          Reuter  -  68 words
        • Article
          Lock icon Japan broker fined for illegal deals
          79 19 Reuter TOKYO The Tokyo Stock Exchange (TSE) and Japan Securities Dealers Association (JSDA) fined Kankaku Securities Co Ltd a total ot 57 million yen (SS870.000) for its involvement in several illegal deals, the two institutions said in separate statements yesterday. Between August 1985 and
          Reuter  -  79 words
        • Article
          Lock icon Creative's new Sound Blaster edition
          59 19 Reuter NEW YORK Creative Technology Ltd said it will begin shipping Sound Blaster 16 Value Edition at a suggested retail price ot USS 149.95 (about *****) to its worldwide network of retailers and distributors in April. The company said this CDquality card replaces Sound Blaster
          Reuter  -  59 words
      • Article
        Lock icon Hoechst Orient offers Egyptian bond
        214 19 Reuter CAIRO Hoechst Orient SAE. a German-Egyptian joint venture in which the German pharmaceutical company Hoechst AG has a 72 per cent stake, has announced the terms of the first corporate bond issued in Egypt since the *****. On Sunday, it invited investors to subscribe
        Reuter  -  214 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon China's new currency market gets off to a smooth start
        431 20 Reuter SHANGHAI After days of confusion, a Chinese interbank currency market opened yesterday as part of Beijing's efforts to.tighten its grip on capital flows and move towards currency convertibility. The first day of operation on the National Foreign Exchange Trading
        Reuter  -  431 words
      • Article, Illustration
        Lock icon Waiting for their tea
        41 20 Renter DICKOYA, Sri Lanka Tea pluclters in Sri Lanka's central hills waiting to have their day's pickings weighed. They belong to the powerful Ceylon Workers Congress estate trade union, now seen to be losing its clout. Renter
        Renter  -  41 words
      • SMALL CHANGE
        • Article
          Lock icon Actacorp bond issue gets AAA rating
          96 20 Bernama KUALA LUMPUR Actacorp Holdings Bhd's proposed issue of MS6O million (SS3S million) guaranteed bonds has been accorded a long-term rating of AAA by Rating Agency Malaysia Berhad. Issues rated AAA are judged to be of the best quality and offer highest safety of
          Bernama  -  96 words
        • Article
          Lock icon Japanese banks sell bad loans
          70 20 Bloomberg Business News TOKYO Japanese banks sold a total of 1.176 trillion yen (SslB billion) in bad loans to the Cooperative Credit Purchasing Co (CCPC), a joint concern specialising in bad debt purchase, for the six months ended March, the company president said yesterday. Banks
          Bloomberg Business News  -  70 words
        • Article
          Lock icon 13 sen dividend for KL Index Fund
          82 20 Bernama KUALA LUMPUR Kuala Lumpur Mutual Fund (KLMF) has declared a gross dividend of 13 sen per unit, equivalent to a total payment of MSB million (554.7 million) for the fundholders of its third fund, the Kuala Lumpur Index Fund (Klix). This translated
          Bernama  -  82 words
        • Article
          Lock icon Venezuela's Banco Latino reopens
          74 20 AFP CARACAS Fewer than three months after regulators shut down Venezuela's top savings institution. Banco Latino reopened yesterday thanks to a planned US$3.5 billion (555.5 billion) government boost to the banking industry. The bank was the largest in Venezuela with 1.2 million depositors when regulators stepped
          AFP  -  74 words
        • Article
          Lock icon Tokyo group to buy Brazilian debt
          70 20 Knight-Ridder TOKYO A consortium of major Japanese banks will buy US$2.9 billion (554.5 billion) worth of Brazilian debt from April 13 to 15 as the final step of the complicated Brazilian debt write-off deal, bank sources said yesterday. Japanese banks and other creditors will
          Knight-Ridder  -  70 words
        • Article
          Lock icon Japan banks' bad debt disposals double
          99 20 AFP TOKYO Disposals of bad loans by Japanese banks for the six months to March doubled the previous six months to reach 2.65 trillion yen (Ss4o billion), the Cooperative Credit Purchasing Co Ltd said yesterday. The company, set up by Japanese banks last year
          AFP  -  99 words
      • Article
        Lock icon Viet jet fuel demand likely to soar 40pc this year
        354 20 Reuter HO CHI MINH CITY Vietnam's jet fuel demand is expected to rise 40 per cent this year from 1993, an official of the national aviation fuel import company said. "Last year we imported about 100.000 tonnes," said Nguyen Dinh
        Reuter  -  354 words
      • Article
        Lock icon High-flying mutual funds in a spin over emerging markets
        548 20 NYT NEW YORK Call them shooting stars. They are mutual funds that soar in performance, and bring in zillions of dollars in assets. All too often, a large part of the money comes into such funds near the top. Then they
        NYT  -  548 words
      • Article
        Lock icon S-E Asian rubber growers seek better prices at talks
        161 20 Reuter SINGAPORE South-east Asian rubber growers will insist on terms that help support prices in a new international rubber pact, traders and officials said yesterday. They said producer delegates are seeking to shift more their way the economic measures such as
        Reuter  -  161 words
      • Article
        Lock icon Index of commodity prices dips to two-month lows
        158 20 Reuter NEW YORK The Commodity Research Bureau's index of 21 futures, a key inflation indicator, dropped sharply yesterday fuelled by widespread selling in several major commodities, analysts said. At 1146 EDT. the CRB index lost 1.60 at 226.07, after bottoming at 225.38,
        Reuter  -  158 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        158 20 THE USS did sideways trading yesterday with many centres on Easter holiday. The market kept minimal positions on the first day of the trading month in a thin market. The USS/SS was taken up in morning trade to a high of 1.5728 on the back
        158 words
      • Article
        Lock icon New York
        267 20 Bloomberg Business News NEW YORK The dollar was little changed against most major currencies yesterday as concern about slumping stocks and bonds offset optimism about the US economy. Traders bought dollars on Friday as US interest rates climbed following a government report showing the biggest gain in jobs
        Bloomberg Business News  -  267 words
      • Article, Illustration
        Untitled
        1352 20 IraJe-Hi'ithlnl nnJes luk itialtxl afamst Spore's top 14 trading partners Base year /W US$/S$ forward rates Noon Apr 4 ss BU Oflcr 1-month I.57Q2 1.5717 2-momh 1.5701 1.5716 3-month 1.5701 1.5716 6-month 1.5697 1.5717 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m m Apr 4 Singapore dollars to omt
        1,352 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar ends higher on rebound
        1337 21 Reuter SINGAPORE Simex Eurodollar futures ended higher on a technical rebound in moderate trade yesterday. Dealers said there was some short-covering following the sharp sell off on Friday. The much stron-ger-than-expected increase in March non-farm payroll numbers triggered fears that the Federal Reserve will again
        Reuter  -  1,337 words
      • Article
        KL tin unchanged in quiet trading
        584 21 COMMODITY REPORTS Tta TIN closed unchanged at M 514.31 per kg yesterday after both sellers and buyers decided to close deals at the opening level, traders said. Despite a lower London market on Thursday, there was some buying interest from Japan and Malaysia. Trading
        584 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          China copper prices seen higher
          102 21 TOKYO Copper prices on the Shanghai Metal Exchange are expected to continue to climb this week due to improving domestic demand, according to traders in China. However, a lack of available credit and tightness of supplies in nearby markets will keq> China out of international
          102 words
        • Article
          India allows some cotton contracts
          87 21 NEW DELHI India has partially lifted a ban on cotton exports to allow the shipment of bales sold before the government clamped down on exports in February, industry official said yesterday. They said the decision will enable those cotton traders who had finalised export contracts
          87 words
        • Article
          Imported-beef stocks up in Japan
          59 21 TOKYO Japanese stocks of imported beef reached 67.608 tonnes in February', up 24.1 per < cent from a year earlier, according to the Livestock Industry Promotion Corp. February stocks droppod from January's 71.673 tonnes. Imported pock J stocks fell 3.8 per cent to 64.943 tonnes
          59 words
        • Article
          Japan's tariff-free copper import
          128 21 TOKYO An estimated 90.000 to 100.000 tonnes of tariff-free copper cleared Japanese ens- toms on April I and 2 under a special trade pro- i gramme, compared with around 120.000 tonnes a J year ago. traders said yesterday. Under a tratfc development programme known as the
          128 words
    • Article
      COMMODITY PRICES
      1458 21 Rubber (Marcs dating at at lpaO RSS 1 CMliatl (S ccnts/kg) Close Volume Open Month High Low Sell (tonnes) Interest Apr 94 I I 130.00 I 450 May 152.00 2.975 Jun 152.50 152.50 152.50 500 250 Jul/Sep 153.50 152.75 153.25 1575 4.725 Oct/Dee 154 00 152.75 154.00 750
      1,458 words
    • REGIONAL STOCK MARKETS
      • Article
        Manila
        692 22 -57.8 Share prices finished lower yesterday as the market reacted to New York's decline, which investors used as an opportunity to take profits, brokers said. The Philippine Stock Exchange (PSE) composite index shed 57.800 points to settle at 2.653.70. It gained 3 per cent last week just before the
        692 words
      • Article
        Taipei
        667 22 ctosfd Taiwan's stock market was closed yesterday. It remains closed today and will reopen tomorrow. Share prices soared almost across-the-board on Saturday as idle funds started to flow back to the bourse. Following a 59.65 per cent advance on the previous trading day, the benchmark 372-issue weighted price index
        667 words
      • Article
        Seoul
        517 22 +5.1 A technical rebound centred on blue chips, asset play counters and low-PER issues pushed shares to close higher in slow trading yesterday, brokers said. The composite stock index ended 5.10 points or 0.6 per cent higher at 860.47. Rumours that the government may be considering measures to attract
        517 words
      • Article
        Bombay
        161 22 +2.02 Indian stocks closed mostly higher on purchases by domestic mutual funds seeking to raise prices and thus the value of their assets, analysts and brokers said. Turnover remained light, however, because of a continuing stalemate between brokers and the market regulators over a new system of rolling over
        161 words
      • Article
        Untitled
        1139 22 Australia sumniun >«» i# inn Matnr* Mining 2»$<| Ml 15* \ol MjMlmk liK«nk a HMO uiKh 45 Mar la .i <imi Mjvuc SKib.% 7 U -|7« 5573 AM<OR 949 0 KID vmi X H s Aherlosle 445 O unch 1022 iH J* Adelaide Steamship CO unch 21 SHI J! i
        1,139 words
    • WORLD STOCK MARKETS
      • Article
        Toronto
        382 22 -75.48 Toronto stocks borrowed some strength from Wall Street to stabilise at midday yesterday after tumbling 85 points in the morning. "The key point is probably 4.200 although it's kind of halted here because New York's turned," one trader said. The TSE's composite 300 index was off 75.48 points
        382 words
      • Article
        New York
        784 22 -34.83 Blue-chip stocks plunged yesterday morning on heightened fears of higher interest rates, but managed to narrow their losses by midday as bargain hunters bought up hard-hit issues. The Dow Jones industrial average was off 34.83 points at 3.601.13 at 1 pm EDT, rebounding from an early loss
        784 words
      • Article
        Untitled
        163 22 Stockholm Mar 31 Skr A«a 5*7 00 -5.0Q \Nlra 14X00 :oo \ll.i\ opto 475 00 -7 00 Encwofl LM \B B ..337.00 -5 00 E*ah 255.00 uiK'h VE Bank<rn 50.00 I 00 SKF 141 00 5.00 Sjculv.k 110 00 -3 00 Skjndu 151 <10 1.00 Volvo M5.00 -5 00 Nasdaq
        163 words
    • Article, Illustration
      Lock icon TOKYO
      2483 23 Bloomberg Business News IOKYO Stocks declined yesterday after an upbeat US employment report released Friday rekindled concerns that US interest rates would rise and lure overseas tunds out of Japan, traders said. "The immediate knee-jerk reaction is to hold off on all equity investment until the sky is clear
      Bloomberg Business News; Source: Bridge Info  -  2,483 words
    • Article
      HONGKONG
      2678 23 vki \lar 31 HKS High \jo* (TO*) Pfc VSMPatilit 4.W -0.100 4.700 IMl HI I'M \WT World Transpoti I.JJO uik1i I 5211 1.520 10 Vim LiihJm I Ml unth I 460 I 4641 41 \lcoHklg» 2..175 -007> 2 425 2.175 6'*l 11.6 Mlied IikI lul l 0**1 unth 0*10
      2,678 words
    • Article, Illustration
      Lock icon BANGKOK
      1742 23 Bloomberg Business News BANGKOK lhai stocks declined for the fourth consecutive dav on concern over interest rates, analysts said. I he Stock Exchange of l hailand composite index declined 2.4 per cent, or 36.35 points, to 1.19 ft. IX. Sixteen issues fell lor each share that rose. A total
      Bloomberg Business News; Source: Bridge Info  -  1,742 words
    • Article, Illustration
      Lock icon JAKARTA
      1170 23 Bloomberg Business News JAKARTA Indonesian shares tell yesterday on toneerns about the elTeet oi' higher US interest rates on world equity markets, traders said. An absence of foreign investors in the wake of the Easter holiday also contributed to the decline, traders said. The Composite Index fell 5.98 points,
      Bloomberg Business News; Source: Bridge Info  -  1,170 words
    • Article
      CLOB INTERNATIONAL
      2752 24 mm Acnvg >ntm Pronul 7.290.000 Idris H\d 50c 6.150 000 Mulpha Inll MX 6.055 000 AMDB 50c 3.92* 000 kjmunling 50c 3.-165.000 Lien Hik- TSK9' 3.295.000 tabcr(iroup 2.252.000 Landmarks Bhd 1795.000 Pcji MM 1.769.000 Kerning Bhd JOt 1.728 000 Mcnangt orp 1.573.000 Johan Hldg> 50c 1.421.000 lnno\csl Bhd
      2,752 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Share prices fall 3.3pc to year's lows
        5839 24 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index fell 3.29 per cent to its lowest close of the year yesterday on concerns that US interest rates are heading up and will draw overseas funds from the local market. "Things are not looking
        Bloomberg Business News; Source: Bridge Info  -  5,839 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7520 25 MAIN BOAWP Transaction date: Apr 4 Or Or *****4 LM Vol Oat Lnl QaoM Di« Dh VM Nrt C ap High Law (onipant Sale (*000) High Low Buyer Seller S Or S P/E Mnil industrial and mmcwL 1440 260 I s Ac ma 885 cd -25 25 900 885 885
        7,520 words
      • Article, Illustration
        Lock icon Shares plunge on fear of further sell-off on Wall St
        1786 26  -  By R Sivanithy SINGAPORE Share prices corrected sharply yesterday, as investors positioned themselves for likely plunges in both the US equity and bond markets. The Straits Times Industrials Index opened stronger, but sellers quickly outnumbered buyers. The index completed a
        Charts by Bridge Info; Source: Bloomberg  -  1,786 words
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      Page 17 Advertisements Column 1
      306 17 NEWS VALUE How today's news might affect your stocks Regional stocks tumble in anticipation of WaN St sell-off (pg I) How the Dow performed would set the tone for trading in regional equity markets today. Talk of forced resignation plagues Hosokawa (Pg 6) Japanese stocks are plagued by problems, both
      306 words
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      249 18 mmmm mmmmm mm mm mmam* mm mm "MANUFACTURING INDUSTRY CONFERENCE 1994" AN EXECUTIVE SEMINAR FOR EXECUTIVE OFFICERS AND KEY DECISION MAKERS Date :8 April, 1994, Friday Vaiue: Hyatt Regency Singapore, Hibiscus Room Time :9:30 am-5:00 pm Fee Ss7s per attendee (GST included, as well as lunch and 2 coffee breaks)
      249 words
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      Page 18 Advertisements Column 2
      81 18 Dividends table has been held over (This announcement appears as a mailer of record only) U.S. $183,000,000 SHOUGANG CONCORD FINANCE (1993) LIMITED (incorporated with limited habHity under the laws of the Cayman Islands) 4.50% Convertible Guaranteed Bonds Due 1998 convertible into shares in and guaranteed by SHOUGANG CONCORD INTERNATIONAL ENTERPRISES
      81 words
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      Page 19 Advertisements Column 1
      188 19 HiNfIIHIHHII w The Singapore Institute of Management, in conjunction with Monash University, invites applications for the Master of Practising Accounting degree. Course This is a structured two-year programme conducted on a modular basis by faculty staff from Monash University. The assessment is by coursework and examinations. Award of Degree Successful
      188 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      418 21 TOLL-FREE TEL. No. 1-«00»741-l—» FAX7AI-lE— The Straits Times CLASSIFIED Where buyers and sellers meet Find someone to videotape your wedding. CJLT.B. 1737-11—1 Hb die m® st Be current M THE MATTER OF THE COMPARES ACT, CAP. 90 AND M THE MATTER OF CHEMICALS PTE LTD At an Extraordinary Qanaral Meeting
      418 words
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      Page 21 Advertisements Column 2
      36 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. JUST CALL--737-1166 Business heats up when you make the call and place an CJLT.S. act 1737-11**
      36 words
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      Page 22 Advertisements Column 1
      52 22 Singapore rn Business Times WE KNOW ASIA Address: Customer Relations Section Circulation Department Postal Code Singapore Press Holdings Limited 82 Genting Lane Occupation: Fax: News Centre Singapore 1334 Sgff iftlg Tel: 1800-749 2577 Fax 744 4875 Tel: (O) (H) European and the Johannesburg markets were closed yesterday. They will resume
      52 words
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      Page 22 Advertisements Column 2
      49 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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      Page 22 Advertisements Column 3
      59 22 —-j I Eyeoj-fcve Housekeeper -this hotel J O Mv I I wants is me. Bob I'll never neglect I v oll!>se ba^y 7 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
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      32 23 'Mi JI iin i'mmb—— rowi oor INK WHOU MfOMD in row mums. vTrWiMHHHi \\3ISE port yS«' shots The latest in sea, air and land transportation Shipping Times Monday to Friday Business Times
      32 words
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      Page 25 Advertisements Column 1
      41 25 Wrtfc over MasteKard pots HwiApitWiUb YOU'VI GOT TOT WHOU WOULD IN TOUR HANDS WWWfc' Find a new rider for your wheels Pedal your wheels to all kinds of people and clean out your store room with a convenient, fast-acting classified ad.
      41 words
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      Page 26 Advertisements Column 1
      2426 26 TOLL-FREE TEL. No. 1-600»741-1883 FAX:74I-1298 M THE MATTED OF THE COMPANIES ACT, CHAPTER SO MERDMGS LEISURESPORTS PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held at 350 Orchard Road. *12-01/03 Shaw House. Singapore 0923 on the 31 March 1994 the following resolutions
      2,426 words
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      Page 26 Advertisements Column 2
      178 26 In the Matter of THE COMPANIES ACT (CHAPTER 50) AND In the Matter of TAN YONG KEE (PRIVATE) LIMITED (In Members Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Chapter SO. the final meeting of the members of the
      178 words
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  • BT's 1993 CORPORATE EARNINGS REVIEW
    • Article, Illustration
      Companies find money-spinners in shares, cars, properties
      713 27  -  By Alvin Tay SINGAPORE You do not need a genius to tell you which companies were among the top money-spinners last year. With Singaporeans' craze for shares, properties and cars, companies in those lines of businesses would naturally do exceptionally well. Which is
      713 words
    • Article, Illustration
      Will banks pull another 1993 out of the hat?
      776 27  -  By Agnes Chen SINGAPORE Banks sprang a major surprise on investors and analysts this results season. The question is. will they repeat 1993's performance or won't they? When it comes to predicting what banks will rake in this year, analysts 1
      776 words
    • Article, Illustration
      Average growth rate this financial year expected to be 15pc
      2824 28  -  By Agnes Chen SINGAPORE With the results season over and in light of some surprising finishes, analysts are fine-tuning their earnings forecasts for the new financial year. The average growth rate for the market is expected to be in the
      2,824 words
    • Article
      Analysts were on target with forecasts 6 out of 10 times
      2580 30  -  By Joyce Quek SINGAPORE Six out of 10 times, they get it right. But when analysts miss the mark in forecasting company results. they miss it by a mile, and especially with profit projections of banks, electronics manufacturers and
      2,580 words
    • Article, Illustration
      Firms mark 25th year with dividends, bonus issues
      590 30 SINGAPORE Last year, 11 listed companies, six of them government-linked, commemorated their 25th birthdays. How they marked the occasion was telling. To celebrate its 25th birthday last year, Intraco gave a l-for-4 bonus issue. So did DBS Bank, Singapore Petroleum Co (SPC)
      590 words
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      116 27 iv/ng, i.vv/115 1 1IU1K v I !< d p p j 1. ijjAAIjJl Banking by TILIPHONI has never been lASIIR or more a FRIENDLY, PROFESSIONAL PHONE BANKER— not a recording, m "WONAL. Because Keppel Bank WORKS HARDER to ensure To enjoy the added CONVKNIINCI of our PHONKBANKING IYHY CALL you
      116 words
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      228 28 S V« m fIBKT 115 years and still growing. Singapore Telecom. For more than a century we've been climbing. In the last 10 years we've doubled in size to $2.3 billion in revenue. We're one of Singapore's largest companies. Our plan for growth is simple. Determine what Singaporeans need and
      228 words
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      Page 28 Advertisements Column 2
      317 28 J W Jt'i U. ■it 'iMnk > f-s^mJ i I i i i 1; i liliKbil l llifldlfliillll 1 all VI fe I °T'll3c^l ■jyjUiiiilMAUX^^AU^lAiLlUfl MHM IMH PA.)* Pwfcffrt rates lor amounts of $10,000 and above Overdraft facWtlM against your Rxed deposit at rates pegged to tiw is* 12 Mth>
      317 words
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      210 29 EXPRESS SHARE cash for your shares over the counter at any of our 28 branches. list the loan for any purpose. jk Loans from $2,000 to $100,000. MANY OF OUR CUSTOMERS HAVE ENJOYED THE BENEFITS! YOU CAN TOO HONG LEOMQ FINANCE LTD SWOAPORE FMANCE LTD HONG LEONQ FINANCE LTD: Head
      210 words
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      Page 29 Advertisements Column 2
      104 29 Across the Asia Pacific, Overseas Union Bank Group brings people and opportunities together. All around you business opportunities abound. But you need the link, you need the resources, and the right people. OUB has a finger on the can to us for financing and advice on your overseas ventures. After
      104 words
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  • Shipping Times
    • Article, Illustration
      Leaking oil may have led to tanker fire, says counsel
      478 31  -  Inquiry on Jurong Shipyard fire By Rahita Elias SINGAPORE A fire in February on board tanker British Adventure was likely to have been caused by leaking hydraulic oil ignited by welding work. Leading counsel Ong Hian Sun yesterday said in
      478 words
    • Article
      Lock icon Eurotunnel passenger service by September
      376 31 Reuter LONDON The operators of the Channel Tunnel have for the first time given a date when the subsea rail-link will start its full passenger service, saying the full "turn up and go" facility will be ready in September. Eurotunnel chairman Alastair Morton told BBC
      Reuter  -  376 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      826 31 Page Col ABC Containerline 12 5 Accord Croup 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 5
      826 words
    • Article
      Bail bond of foreign firm with no S'pore assets is worthless
      450 31  -  ADMIRALTY ASI BOOK By Ramesh Divyanathan SINGAPORE A bail bond given by a foreign company with no assets in Singapore is worthless in a legal action here, says the High Court. The ruling was given recently in an admiralty
      450 words
    • Article
      Lock icon Good freight trade seen but little for grain
      209 31 Reuter LONDON Good trade was seen on the freight market ahead of the Easter holiday period but little of significance was to be found for grain chartering, brokers said. "Talk circulating the market (last week) of U5519.50 paid with combination for a
      Reuter  -  209 words
    • Article
      Anera to keep FAF, CAF at same level in second quarter
      153 31 SINGAPORE Asia North America Eastbound Rate Agreement (Anera) carriers have agreed to hold fuel and currency adjustment surcharges at current levels for this quarter which began April 1. Anera, a rate-making group of nine major carriers plying between the
      153 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        425 32 Hi Hi Berth fcrtwl Depertoe Vessel Voy No Berth Arm* Departure Juraag Port u«i ho* 3/94 rai MM/2100 ArttaBawi 37D/38A H KM/1500 Lw*a«i S803WB P08A *v**de OSM/2000 Batam Bahapa M 01 94 11 ikufok KM/2300 Mahaia M/94 PM Ampde 0&M/0700 Batam Bam 6315 12 Jorjade KM/2315 Marine
        425 words
      • Article
        CONTAINER SCHEDULES
        1719 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 Aa Sat* 112* 06/1500 2A 04/1700 05/0659 05/0900 28 04/1700 05/0659 05/0)00 3 05/0700 85/115® 05/1400 4 05/1200 05/1451 05/1700 Ma
        1,719 words
    • Article
      THE SHIPPING GUIDE
      11625 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. LEGEND PN: ship calls at Penang after
      11,625 words
    • Article
      SHIPPING AGENTS
      3071 45 A-. Agcncies Ptc Ltd (SVMannc Handling Sdn Bhd (PK/PN). itnrt Graf; Accord Shpg Pte Ud «VAccord Contr Line (PK/PN). Zdkris Unlaw Corporation PMHppiae: Colsource Shpg A Trdg Pie Ltd (S) AtmUH Liaer Service: Kim Shpg A Trdg (S). ifcnam Sea-Air Service; Frata Shpg Pte Ud (S). Alfred C
      3,071 words
    • Article
      COURIER SERVICES
      278 45 Abacus C ouriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716 *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies A
      278 words
    • Article
      AIR FORWARDERS
      1498 45 Abes Express Freight Tel: 542-7171. Fax: *****84. Actiaic Farwarder Tel: 225-1833. Fax: *****42. Activak Singapore Tel: 542-7821 Fax: *****20. AtnUmk Freight Imenwtiunal Tel: 545-8031 Fax: *****05. Td:'s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666 Fax: *****74. *****50. Air Market Express
      1,498 words
    • Article
      PORT CONDITIONS
      2487 46 CRANIA Dunes: Three vessels in port, all discharging of which 1 bulk sand, 1 bagged wheat flour, 1 coal/coke, 2 vessels in roads awaiting berths of which I to discharge chicken feed, 1 bagged sugar. ANGOLA laanda; Port operating normally, 2 vessels discharging, no berthing delays. Lobito: Port
      2,487 words
    • Article
      SHIP SALES & TANKER RATES
      775 46 SHIP SALES TANKER RATES ONCE again we have a week lacking in inspiration with only limited interesting sales coming to light. This situation is likely to continue next week in view of the forthcoming Easter holidays. The most notable deals reported have centred on the gas market where a couple
      775 words
    • Article
      FERRY SCHEDULES
      163 46 REGIONAL FERRIES Port of Call Name of Vessel Agent Telephone No Sekupang (Batam) Bahtera Express Indo Falcon Shipping *****78 Sekupang (Batam) Bahtera Princess Sekupang (Batam) Palm Spring Kukup (W Malaysia) Penguin Express Kukup (W Malaysia) Penguin Meriimau Sekupang (Batam) Penguin Progress Sekupang/Tg Pinang Penguin Success Sekupang/Tg Pinang Penguin
      163 words
    • Article
      COCKETT BUNKER MARKET REPORT
      789 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
      789 words
    • Article
      TRANSPORT DIARY
      827 47 COURSES Title: Import/Export Shipping Procedures (SDF 50%) Duration: Apr 14 June 2 Organiser: Elim Management Services Tel: For further registration contact 292-5670. Title: PSA Shipping Delivery Warehousing Procedures Duration: Apr 18-22 Organiser Port of Singapore Authority Tel: For further details/registration contact SPI at 321-1707/321-1824/321-1825 or fax: 321-1416. Title:
      827 words
    • Article, Illustration
      Piracy or policing?
      899 48 Ships in the South China Sea have to contend with a different kind of menace PIRACY in the South China Sea is a much more complex problem than the thuggery that has been largely suppressed in the Malacca Strait. There the flexing of muscles by the Indonesian
      899 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Closer S Korea-China ties a boon for KAL: airline chief
        582 50 Reuter SEOUL Burgeoning ties between China and South Korea are expected to fill a missing link in Korean Air Lines' (KAL) aviation map and provide a bonus to its balance sheet, KAL president Cho Yang Ho said yesterday. "It is
        Reuter  -  582 words
      • Article
        Lock icon Japan, Vietnam agree to resume air links: newspaper reports
        343 50 Bloomberg Business News, Reuter TOKYO Negotiators from Japan and Vietnam have agreed to resume regular flights between the two countries. Transport Ministry officials said last Sunday, according to reports in Japanese newspapers. The officials said direct flights between Ho Chi Minh
        Bloomberg Business News,; Reuter  -  343 words
      • Article
        Lock icon Cars: the search continues for a better way to get from A to B
        476 50 NYT NEW YORK As they say, the more things change, the more they stay the same, and there are few better examples than the New York Automobile Show that opened on Sunday at the Javits Convention
        NYT  -  476 words
      • Article
        SIA to lease Boeings to Garuda for haj flights to Jeddah
        285 50  -  By Alec Almazan SINGAPORE Singapore Airlines (SIA) will lease two B-747-200 planes to Garuda Indonesia Airlines for use in haj (Muslim pilgrimage) flights to Jeddah. SIA said in a statement yesterday that the planes will be leased for about
        285 words
      • Article, Illustration
        Lock icon Plan new airport near Manila: HK tycoon
        291 50 AFP MANILA The Philippines should build a new international airport near the capital and drop plans to convert a former US air base for the purpose, a Hongkong magnate urged in an interview published here yesterday. Power and construction taipan Gordon Wu, managing
        AFP  -  291 words
      • Article
        Lock icon Egyptair eyes older Airbus planes
        121 50 Reuter ABU DHABI Egyptair is negotiating with the European consortium Airbus Industrie to arrange the sale of some of its older Airbuses to help re-equip the existing fleet to expand cargo business, its chairman said last Saturday. Chairman Mohammed Rayan said the main target market
        Reuter  -  121 words
      • Article
        Lock icon Gulf Air loan oversubscribed
        103 50 Reuter MANAMA A US$l34 million (*****.7 million) loan for the purchase of two long-haul Boeing 767s for Gulf Air has been comfortably oversubscribed, a banker said. The nine-year loan, carrying a margin of l'/« percentage points over the London Interbank Offered Rate (Libor), is expected to
        Reuter  -  103 words
      • Article
        Lock icon Man falls out of jet plane and survives
        64 50 Reuter COLCHESTER, England A British man who fell out of a jet aircraft and whose parachute only partially opened escaped with minor injuries after falling 900 metres to the ground on Sunday. Des Moloney's ejector seat broke from its mounting and crashed
        Reuter  -  64 words
      • Article
        Lock icon China tie-ups for foreign airlines soon
        98 50 AP BEIJING China plans to begin allowing foreign airlines to invest in their Chinese counterparts this year, an official report said on Sunday. "We will select at least one or two of our airlines for cooperation with foreigners this year," Wang Xuqiang, deputy director
        AP  -  98 words
      • Article
        Lock icon Continental Airlines cuts 240 jobs
        64 50 Reuter HOUSTON Continental Airlines said last Saturday it will eliminate about 240 jobs in Houston as it transfers some data entry work to Mexico and cuts its mechanic staff due to the introduction of a new line of aircraft. Further job cuts were expected to
        Reuter  -  64 words
      • Article
        Lock icon Hawaiian airline faces delay in emergence from bankruptcy
        253 50 Bloomberg Business News HONOLULU HAL Inc's efforts to emerge from bankruptcy protection were delayed as a federal judge postponed ruling on a key step after hearing objections by creditors. A US Bankruptcy Court judge put off for at least a week a
        Bloomberg Business News  -  253 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1261 50 ga hp cta am n»_ an cu nm n»_ AkaOfcaM GA893 1835 GA984 2340 EK70 1710 EK71 2305 GA974 2350 SQ428 2315 A<ll«Hl Qf81 1925 QF82 2055 1 ME 633 2355 SQ228 2120 >rtn SQ406 0115 talWl KL831 0935 KL844 0035 Fmfcfart SQ25 0645 SQ326 2230
        1,261 words
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      422 32 TSKLME AGENCES (S) PTE. LTD. I AsgHMgA r I |Z T WTkTTI Tel: 226-3363 LnP*|| 1 I J r\l rl Fax: 226-1972/3 *Il*«grT7 Tlx: RS *****/TSKSIN. qQgP TOKYO SENPAKU KAISHA, LTD. CR No: **********0N 1 i OU MTWW 04 lU4 1104 ACX LOTUS 0508 **04.04 **0104 05.94 0104 12.04 1104
      422 words
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      Page 32 Advertisements Column 2
      1078 32 MJTORMA SATURN I 14 I T7I I 214 254 I 274 I I*« 7,4 304 M CAUKMMA MUCURY CO 1114 4 30 4 25 44 I Si 35 3 5 45 4 5 7 5 KD MK 02 ***** 114 234 274 214 304 3 5 (5 15 lli 115
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      1962 33 B OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD. TE? *****13 FAX?? 1394? PETALING JAVA TEL 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARO) PENAN® T 1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 ***** (OPNSI CUSTOMER SVC TEL: *****92/*****91/*****93 P^UDANG TEL. *****2/31 FAX *****41
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      Page 33 Advertisements Column 2
      1843 33 ■QEHSBaaza WEEKLY SERVICE TO FREMANTLE NEXT AVAILABLE SAILING KLANG REEFER V.9415 ETA SIN BTH APRIL 1994 Venal Voy ETA ETO FeeOered destinations ThM weak MARGRETHE MAERSK V 9404 nMaHßliHW^BaWiailll^TllHnMSWW^WatnßWTnt^HWmgTßWiHM CY 12/04 <w«) MRS i^HH CfS 11/04 2358 MRS JOH LPK PEN OAK LOB SfO MEM ATI. MIA CHS BAL PHI
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      1514 34 AOABA R OAM/ [I ALSO ACCEPTING FROM V VESSEL VOY NO SPORE JEDDAM (VIA JED) S TON H'BURG A WERP HAVRE WEST MALAYSIA "*> KAMAKURA 33/113 6/4 23/4 26/4 24/4 Porl Kelang. Penang ESSEN EXPRESS 05/313 9/4 18/4 25/4 27/4 30/4 2/5 4/5 Pasir Gudang ELBE 21/114 13/4 30/4 3/5
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      Page 34 Advertisements Column 2
      589 34 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul lor all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiav, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia t Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned America V 2084 6/4 12/5 CGM
      589 words
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      Page 34 Advertisements Column 3
      1185 34 NORASIAI SEA NORDIC 413W 07/08 27/08 30/08 01/05 02/05 03/05 08/05 05/05 06/05 06/15 I NORASIA SUN 9818-3 15/08 06/05 09/05 10/05 11/05 12/05 13/05 18/05 15/05 IS/05 I NORASU PEARL 9815-3 20/08 11/05 18/05 15/05 16/05 17/05 18/05 19/05 20/05 20/05 I NORASIA PMNCESS 9416 3 27/08 18/05 21/05
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      1747 35 H STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 Kappal Towers Slagapara 0208 Tal: ***** M Fax: *****17 HIMI NfIBCIM f.JffUr (A B€WVtC€ Of CHINA NAVIQATION CO) SEP cx SAKS WF. STRAITS NK VOSE KK. SkM. In 04-05 Apr 05 Apr 07 Apr FCL, LCI COMTAJNEM AMD meAKBULK SERVICE
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      Page 35 Advertisements Column 2
      2941 35 SINGAPORE AGENT: PXifl I P&O Containers (Singapore Agencies) Pte Ltd M 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tei 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z VESSEL VOY *M 8 'Mt MM SOU AWT HOT MAM OOT SME LEM VESSEL VOV ANT
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      579 36 «rV EKA jaya agencies >3l§r TEL: *****22 LINES) FAX: *****05 SALES REPRESENTATIVES M CHARGE v. v. rmr I »"-~HO«E/D«EC T I—IT wot um lmumnatwu jwiiiTj nF~ ISSSI; CONTAMDJW6BT CENTER-POINT V 7 LINES faa wt in.iwi w Irahcmc it aw an jum mi— jlm Sim ?m w/04 22m 12/w t. 3171
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      Page 36 Advertisements Column 2
      1371 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 m vsi sm lure haul sca tw rai fob ml sm luc hmjl sav im arc HMUN SBKWOK 01X 8/4 OKCT 21/4 30/4 1/5 HMHI SMEtfGK lIX 8/4 K KWTOBB 1541 12/5 13/5 15/5 HMUN WICN
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      Page 36 Advertisements Column 3
      1202 36 Im «c u ns nanwnouiotw m w mm mm n* tat r» on fu w I I CERIUK4S2 7/4 12/4 14/4 15/4 11/4 13/4 19/4 21/4 22/4 21/4 5/5 17/5 l»/5 24/S M/ 5 31/5 1/1 2/( 11/4 21/4 27/4 29/4 I L BRUM 445 12/4 11/4 11/4 21/4 22/4
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      Page 36 Advertisements Column 4
      65 36 COWVEWTIOfIAL SERVICES TO SAHOKOK "THAI FLAP** m m m bub l iwnm nm wnn/nou MM tmi HHP THtfWT 'BANGKOK POL 02/94 2/4 MNBMK/UEMOMMRS mat —m« _J mwao m 9m y* rwi—o MMCO POO I 55 »75 ibmhmmh" mm im i/c «—w vmam. PANCON SHIPPING A MARINE SERVICES PTE LTD WIA
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      1867 37 sex 'CALIFORNIA SATURN 64E' eta sgp 06/04/94 II H ARRIVING LOS ANGELES 23/04/94 IN 16 DATS H AEX: NEPTUNE DIAMOND WE' ETA SGP 07/04/94 M B Xf ARRIVING NBM YORK 30/04/94 IN 23 DATS HI HI Ml ti cmnmi r—i nim *m »m w own I Ml *«t —GMMttgMhrrti Jlpttr
      1,867 words
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      Page 37 Advertisements Column 2
      1129 37 a I MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQUMES: *****33 BOOKM6S: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 dk BLASCO: INWARD *****65 OUTWARD *****2S T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARME INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
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      Page 37 Advertisements Column 3
      76 37 SHIPPING WAKKHOUSINO g »IWBIiQf Loading Enqr Mm Ta Frt 0 (BATAMMDO l/i) H AteapMag FCL/ComilloMl/Erofrcl A Navvy Lift Cag* mm U Tel: 227-0322 H Batamlndo Shipping ft H Warehousing Pte Ltd H H Fax: 222-9330 Jfl »Kr ntojr«r«*#oAMx. w *****33 ETASIN p^^SitV RAN V ETA DUBAI 08/04 LGYPf^vuSuKVIB/04 15/04 CT
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      825 38 K 4 *W JFM AS AGENTS: "I" UK (MAP W) FTC IT# (CI NO: 1244f73NM1/GST KG NO: IC-itl739M) mm TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 IVI ll 1 MALAYSIA: *T* IK MAJUTWH (MALAYSIA) SON BHO J M TEL; SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA:
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      Page 38 Advertisements Column 2
      231 38 uuiiiiiGficaf none SNookta r 1 TIMBER t PLYWOOD SERVICE TO U.K./CONTMENT KKU STOtt PR LOAONG FOt SO CONCERT SLO SLD SUI FUJ/ROT/Nlf/W WORLD AMI 5/4 10/4 14/4 FIU/ROT/WT/UK Loads Sabah/Manaw C R NO. **********0N CONTIPAC SHIPPING PTE LTD T«t *****32 Fax: *****48 P.K. MULTIPORT SON BHD. TEL: *****0S TLX: MA
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      Page 38 Advertisements Column 3
      302 38 FOOHG SUM V SHIPPING (PTE) LTD. NHOIISALE CENTRE, BLOCK 1, #03-10 SMGAPORE 0511 BOOKMQ/ENQUMES CR NO: 10MM*****W TEL: *****55 (12 lks OUTBOUND) *****77 sues-INBOUND FAX: mnn TELEX: Its *****/230 M FISH» Wga i i i BBTHmON «n MM 3/94 7/4 9/4 fIAJU/PMBBMC SEAMNt 4/94 1/4 1/4 NNfIMMK/SMinE SIM MTU 5/94
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      Page 38 Advertisements Column 4
      1105 38 @APPENSHIP /Q) HAMBURG ITTI CONVENTIONAL I INDEPENDENT LINER SERVICE V S EUROPE TO SOUTH EAST ASIA AND FAR EAST KSSELS 10ADK PORTS DKCHMS/LOAOMG FOR tUMMCW SZE 14/03 BREMEN 18/03 SPORE 26/04, BKK FRUITION KLA 28/03 ANT 05/04 SPORE 05/05 BKK LOMCLEY HAM 23/03 ANT 28/03 SPORE 28/04 BKK. LAEM KOALA
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      954 39 PACIFIC INTERNATIONAL LINES fPTEI LTDN SSSSSSmSSB 140 Cec Street, #03-00 PIL Building, Singapore 0106. CR NO **********0E I VESSEL VOY SIN CMB JW JED AOJ AOE HOD PZU ASA KOTA BCRANI BRNOOI 15/4 20/4 27/4 2/5 17/9 20/4 20/5 24/5 KOTA BERKAT BKTOOS 22/4 27/4 4/5 9/5 17/5 5/5 20/5
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      Page 39 Advertisements Column 2
      1102 39 ttsstis vot sw mmwc rotterdam Antwerp tnmks it hark WO.II Ot Pjjl 7432W 00/04 01/05 03/05 04/05 05/05 OC/05 W.U 01 TITANA TO3W 12/04 05/05 07/05 00/05 09/05 10/05 WLU 0t TIICANA lIO3W 11/04 12/05 14/05 15/05 IC/05 17/05 HOC* CAMBER RO3W 22/05 24/05 25/05 24/05 27/05 •USO ACCEPTMG CARGO
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      Page 39 Advertisements Column 3
      403 39 I MM MYANMA pMHIk FIVE STAR LINE f (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P Klc Pen P.Gd| ■ttJVAI MUOHU VIM 7/0 (tar HP* AN N2OIW 1/10 Apr PAGAN V2O9W 15/17 Apr MALATSU AGENTS: BOUSTEAO SHPfMG AGENCES KUL TEL 4******04 PW TU 03 3M6757 PEN: Ta 04 (1(135
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      463 42 S\ a mm AilHTl93nffnffl33li!uwVlH rv TO AUSTRAIIA/NEW ZEALAW [5-rarhS l l"l I »f-sH UUNHUWI7C 21/« l/> t/> «/> WUSSTI 177 i/S 11/S l'/i |~n..m VIA MJCKLMO TO USA/CANADA r~a s- JMINUVIN 3»H 14 A n, i »/t 2»/» 30 S i~c r7 rryr lUIII WK 3» lt/« ]l/> WUSHIS 127
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      Page 42 Advertisements Column 2
      250 42 )R|R SHINYEI SHIPPING (S) PTE LTD uam 10 ANSON ROAD #15-01/02 INTERNATIONAL PLAZA SMQAPORE 0207 cr no: wmwoooooh HOT LINE: *****38 (8 LINES) EUROPE ROTTERDAM, HAMBURG FELIXSTOWE 9/4/94 LEHAVRE/ ANTWERP MEDITERRANEAN Barcelona, Marseille, qenoa 14/4/94 USA LOS ANQELES, NEW YORK 10/4/94 'ALL IP! DESTINATIONS. Vmml Voyaga S*pora Cantho P. Pan*
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      448 42 DIRECT BREAKBULK/CONTAINER SERVICE TO MANILA MV. "KYOWA ROSE" VOY 92 ETA 29-4-94 (HEAVY LIFT AVAILABLE UP TO 50 TOWS) SAGAPORE SEAWAY SHIPPING PTE. LTD. £1 VAffiS 'GENERAL AGENT) NATMST CENTRE »ISO 3 SPORE 0106 TEL *****33 FAX *****53 TLX R*****8 595 WjHJ PORT KELANG GULFSHP ASEMOES SON M> TEL 03
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      614 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 10/4 ROTTERDAM 6/4 JMRHUS/COPENHAGEN 10/4 HAMBURG/BREMEN 6/4 MARSEILLE/FRANCE 6/4 FELIXSTOWE/UK 674 BARCELONA/SPAIN fl/4 LEHAVRE/FRANCE 6/4 GENOA/ITALY fl/4 ANTWERP/BELGIUM fl/4 LOS ANGELES/WC/PI 10/4 SYDNEY/MELBOURNE 7/4 NEW YORK/EC 10/4 FREMANTLE/ADELADE 874 VANCOUVER 8/4 BRISBANE
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      858 43 il unuuLIUU M 3* 7 T7 H VESSEL VOY SIN PEN a WAWA SHUM 2228 Tin In P« Sat i/4 Sfl _rrm MBfyjjsEL VOY SIW BKK 1 JSRASHUM 451 Frit/4 Tg> 12/4 H ?*r?* T**? §^1-_§•! M MAMA SHUM 2S4W Wad ~vT St I t/4 I BHATRA BHUM MS St
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      Page 43 Advertisements Column 3
      616 43 Guaranteed Sailings to-. BANGKOK *LAEM CHABANG JAKARTA PORT KELANGj •HO CHI MINH MANILA CEBU t •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS* TEL: *****33 (12 Uiwo) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lines) I®) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING
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      1524 44 ■hABMN CONTAINER LINES, INC [rj^/VvHA QMte: MAC-NELB BPORE: *****22 (24 LIfNES) 9 V 'cmmmmmmm 98UJ064)*****0 KUCHMQ (002) *****3 PENANa (04) *****6 BANGKOK (662) *****67 MANK> (632) *****01 P KHLANa- (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOA/EUROPE j PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN n
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      Page 44 Advertisements Column 2
      205 44 I SEAWARD SNIPPING AND TRADING CO (S) PTE LTD in tit in VOK rati KEUM PENMC Ml MX 14/4 11/4 ludN* tor Mrtr mvM mini n, 4 Oisthifpng and LoKkng »o» Bombay DOLMN 15/4 loading fo» Mate nom arm 11/4 loading For Mate UMHDN 16 4 loading For Mate nOCKSS
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      993 44 f JSU THONG SOON UNES PTE LTD 1 I 78 SHEMTON #10-01. SMGAPORE 0207 I I VX TEL: 227-50 M FAX: 227-6011 I I TLX: RS ***** CMtMER, RS ***** ENIOL CABLE: TOSOCO I SINGAPORE TO SARAWAK msEL Ivor [store [put «ssa Iwi [store Iht EQUATOR ROYAL 98/4E 06 APR
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      37 47 The Baltic Exchange was closed on Friday for Good Friday. Trading will resume on Monday, April 4. xLJU TIC-TECH-TOE To avoid stalemates, try some fresh strategies. Innovation Technology. Every Thursday. Singapore* m Business Times WE KHOW ASIA
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      Page 47 Advertisements Column 2
      48 47 [RSCIDRrI CNFETCMA Maybe got chance,-this I assist supervisor job. > tr, s 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 •8* Singapore Prats Holdings
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      430 48 vessel reow 9415N 08/04 fljj 18/04 (SAT) WWWPMFM? mm 11/04 (MOW) 16/04 (SAT) -Ufiis Mfia 15/04 (FRI) 23/04 (SAT) fumy m MOMMY -lmse VESSEL VOYAGE SMGAPORE GENERAL SANTOS DAVAO CEBU VIGOUR ATLANTIC 9415£ OS/04 (FRI) 14/04 (THU) 15/04 (FW) 17/04 (SUW) VIGOW LUZON 9416E 15/04 (FRI) 21/04 (THU) 22/04 (FRI)
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      Page 48 Advertisements Column 2
      121 48 {~\>''|>]()<`%}%]*,=-`:^).(%|`= PT BAHARI HALUAN SAMUDERA Weekly COMMON FEEDER SERVICE *ssa wt warm pwt na/wc bbjmian TAMBANG VI 1019 1112/04 IH6/04 TAMBANG V* 1020 18 19/04 22 23/04 MDOMESUN NAVPORT 1) MKARTA-KLANAM-JAKARTA 2) JAKARTA-PANJANG-JAKARTA-SOMRANG-SURAiiAVA-SOMRANG-JAKARTA ORIENT FREIGHT SERVICES PTE LTD g 163 TRAS STREET #10-09 k LI AN HUAT BUNJMNO SPORE 0207.
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      204 48 I j- CO SCO COOCO FULL CONTAINER 9ERVICEO (FCL/FCH EXPORT TO: niONOICONQ EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST/EAST COAST PERSIAN OULF/KARACHI Plmm r«tar above mentioned services to China Ocean Shipping Co. AdvertlMfTtent in Page 12. CIENA/S.E.A. FULL CONTAINER SERVICE VESSEL PEN PKL+ SOP HKO SHA OIN LUANHE/153 16/04 17/04 19/04
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      Page 48 Advertisements Column 4
      19 48 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. BusinessEmes
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      681 48 TODAY'S TIDES (height in metres) HOI* 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1800 1900 2000 2100 2200 2300 1.5 1.5 1.7 1.9 2.1 2.3 2.4 2.4 2.2 2.0 1.7 1.4 1.1 0.9 OS 0.1 1.0 1.2 15 1J
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      Page 49 Advertisements Column 1
      937 49 ▲HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 \m* Iwr par *ssas wt sn rtm out* itn* mm bbh I fa I 08/04 01/04 09/04 H. CHALLENGER 309* 11/04 30/04 01/05 03/05 01/05 01/05 04/05 13/04 15/04 16/04 H. HOMER 308W 11/04 06/05 07/05 09/05 07/05 07/05 10/05
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      Page 49 Advertisements Column 2
      461 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO I HEAVY LIFTS M80UIH) VESSiLS vtssa m v n uc u NAM MM VM 12/4 11/4 U/« 11/4 OMM IRAKI Til r 1/4 UMMI m 4/4 1/4 TRAM ART! VM 1/4 ■JUKI MV Vl7 1/4 MI 12/4 RAM Rli V 24 1/4 1/4
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      Page 49 Advertisements Column 3
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