The Business Times, 12 April 1994

Microfilm: NL19091
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA(P) 010/12/93 Tuesday April 12 1994 WE KNOW ASIA 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 20.52 points
      57 1 Reuter NEW YORK Blue-chip stocks rose shaiply yesterday, propelled by optimism that the market may be finishing up its downward correction of the past two weeks. The Dow Jones industrial average was up 20.52 points at 3,694.78 at 2pm EDT. In the broader market, advancing
      Reuter  -  57 words
    • Article
      Lock icon Credit Lyonnais to shed US$7.4b bad loans
      64 1 Bloomberg Business News PARIS Credit Lyonnais chairman Jean Peyrelevade yesterday said the bank would shed US$7.4 billion (5511.6 billion) in bad real estate loans by putting them in a separate company set up to hold them. The bank had already said it would
      Bloomberg Business News  -  64 words
  • Article
    MARKET SUMMARY
    158 1 Stock market indices Monday Change STII 2,183.36 +63.12 KLSEComp 973.34 +11.39 Nikkei 19,898.08 -36.91 Hang Seng 9,476.77 +178.55 SET Index 1,235.26 +11.26 Jakarta Comp 456.913 -6.5 CLSA China B unav Aust All Ord 2,076.0 -6 FTSE 100 3,149.4 +28.6 Monday Previous 2pm close Dow Jones 3,694.78 3,674.26 Average
    158 words
  • Article
    Foreign investments shifting from S-E Asia to China, India
    699 1  -  Reports by Anna Teo SINGAPORE Keen investor interest in China and India has come at the expense of the developing South-east Asian economies, latest intraAsian investment figures show. Direct foreign investment in Thailand. Malaysia and Indonesia fell for the second consecutive
    699 words
  • Article
    542pc jump in flow of S'pore funds into China
    282 1 SINGAPORE Singapore's investments in China jumped 542 per cent to hit almost USSI billion (551.57 billion) in 1992, according to government approval figures. But the US$997 million approved Singapore investments pale in comparison with the volume from Hongkong (US$4O billion) and
    282 words
  • Article
    HDB flat resales rose 20 per cent last year
    628 1  -  By Abdul Hadhi SINGAPORE The number of resale transactions involving Housing and Development Board flats used often as one of the indicators of demand for public and private housing rose 20 per cent last year. This followed an increase of 10
    628 words
  • Article, Illustration
    Lock icon S'pore, HK stocks lead region's rally
    304 1 SINGAPORE The Singapore stock market stood out among regional markets yesterday. suddenly coming alive in the afternoon after drifting for most of the morning session. The 30-share Straits Times Industrials Index, which was little changed in morning trading. soared after 2.30 pm. It closed
    Source: Bridge Info  -  304 words
  • Article, Illustration
    Lock icon Tokyo stocks end mixed amid unsettled political situation
    534 1 Reuter. Bloomberg Business News TOKYO Stocks closed mixed yesterday as investors looked for concrete news on the formation of a new Cabinet in the wake of Premier Morihiro Hosokawa's resignation. "There is too much concern to convince people to move but not
    Reuter.; Bloomberg Business News; Source: Bridge Info  -  534 words
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      135 1 "SfALPIN yjgpi FRESH J EXTRA STRONG REFRESHING Sole Agent: Shrlro (Singapore) Pie. Ltd. j CONTENTS 114*1 Companies S'pwe News 2 S'pore-M'sia .17.18.19 Re®onal News 3.4.5 Financial 20.21 WofM News *7 Mm Markets Analysis 15 dob, KlSf. S£S 24 26 Edrtortal 14 Regional 22 Sports 8.9 World ...23 TV/litetyte 13 Currencies
      135 words
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      11 1 Australian media baron Kerry Packer in As3lBm telecoms deal, Pg 19
      11 words
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      Page 1 Advertisements Column 3
      18 1 Property: p g w Good run for HK office sector Australian property market poised for recovery, Pg 11
      18 words
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      Page 1 Advertisements Column 4
      11 1 Hock Lock Siew: pg 17 Think long term for Haw Par
      11 words
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      Page 1 Advertisements Column 5
      94 1 I Tffc fjottofnJJne: pg 16 Age of nitaear proliferation CHLOROPHYLL PEARLS so invigorating you'll never miss erg" chewing gum! o£eo6» Sol* Agent: Shriro (Singapore) Pte. Ltd. Full reports, Pgs 22-26 Editorial: Japan in a bind, Pg 14 Restructuring woes, Pg 14 Split in ruling coalition widens, Pg 16 SSim 1
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  • SINGAPORE NEWS
    • Article, Illustration
      Compaq pumping US$150m into new Yishun factory
      381 2  -  S'pore plants will make all Compaq desktop computers for Asia-Pacific By Joseph Rajendran US PC giant Compaq Computer is beefing up its presence in Singapore through a USSISO million (SS24O million) investment in a new factory next to its existing plant at Yishun.
      381 words
    • Article
      Mystique of overseas jobs fades: Shell survey
      259 2 CHANGING social trends have affected the way people view jobs or postings overseas, says a survey commissioned by oil giant Shell. In particular, married women with careers are becoming reluctant to give them up leading to a conflict of interest when spouses are
      259 words
    • Article, Illustration
      SM Lee in Land of the Long White Cloud
      124 2 CHRISTCHL'RCH, New Zealand Senior Minister Ijcc kuan Yen arrived in New Zealand yesterday on a week-long official visit. He was received by New Zealand Minister of State and Associate Minister of Foreign Affairs Robin Gray (right) and Singapore High Commissioner to
      124 words
    • Article
      Lock icon Singapore-American trade not affected by caning issue, says Christopher
      213 2 Reuter WASHINGTON US trade would not he affected if Singapore goes ahead with a sentence of caning for an American teenager found guilty of vandalism. Secretary of State Warren Christopher said on Sunday. "I wouldn't say it would have that effect."
      Reuter  -  213 words
    • Article
      Kmart opens at Marina Square next month
      293 2  -  By Abdul Hadhi AMERICAN retail giant Kmart will open its first local store next month at Marina Square shopping centre. The store, now under construction at the South end of the mall, will be operated by Kmart Metro a joint venture with Singapore-listed
      293 words
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Slower but steadier
        369 2  -  By Anna Teo THE external sector will remain strong this year amid slower GDP growth because of regional potential, says Kay Hian James Capel. In its latest economic focus on Singapore, the securities house notes that the Republic's trade with Asia has grown from 58 per cent
        Source: Kay Huan Jam es Capel  -  369 words
  • Page 2 Advertisements
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      473 2 A (JUjlff "V- ißr IW 12th South East Asian International Building Construction Exposition L KM—W—l ——I I 1— ——tm -V One Building Show That Puts You On Target! Incorporating The Interior Decoration Furnishing and the M&E Engineering and Building Services Expo 11-14 MAY 1994, WORLD TRADE CENTRE, HALLS 1,2 &3,
      473 words
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      0 2 &,=:/:(}}{./{]@-]=/[<{-_!~+`)($
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Indonesia to ease investment rules to get more foreign funds
      503 3 Reuter JAKARTA Indonesia said yesterday it planned to ease investment rules to attract more foreign funds following a sizable drop in investment approvals last year. "We will ease investment rules, especially in the sectors of general mining and hightechnology. We
      Reuter  -  503 words
    • Article
      Lock icon Indosat to complete Batam earth station at year-end
      219 3 Bernama JAKARTA Indosat, the state-owned satellite telecommunications company, is expected to complete construction of an earth station on Batam Island at the end of the year, according to its president, Tjahjono Soerjodibroto. He said yesterday international data telecommunications to and from the
      Bernama  -  219 words
    • Article, Illustration
      Lock icon Mahathir to lead team to Cambodia, Laos
      208 3 Bernama KUALA LUMPUR Prime Minister Mahathir Mohamad will lead an 84-member delegation on a four-day official visit to Cambodia and Laos beginning on Thursday. The Prime Minister and his party will be in Cambodia from April 14 to 16 and in Laos from
      Bernama  -  208 words
    • Article
      KL, Manila play down diplomatic row
      457 3  -  By Alec Almazan SINGAPORE With US$5OO million (SS7BS million) worth of recently announced joint ventures at stake, Philippine and Malaysian officials are scrambling to play down a diplomatic row over the arrests of Filipino maids and the expulsion of a Filipino journalist from Malaysia.
      457 words
    • ASIA NOTES
      • Article
        Lock icon Philippines expected to widen VAT
        106 3 Reuter MANILA The Philippine Congress is expected to pass a Bill this week to expand the value-added tax (VAT), a measure crucial to the country's reaching an accord with the International Monetary Fund. Senate President Edgardo Angara said after a meeting between legislative leaders and
        Reuter  -  106 words
      • Article
        Lock icon KL calls for anti-pollution commitment
        110 3 Bernama KUALA LUMPUR Malaysia yesterday called for more commitment by parties to the Basel Convention on the Control of Transboundary Movement of Hazardous Wastes and Disposal to enable it to achieve its intended objectives. Science, Technology and Environment Minister Law Hieng Ding said the 64
        Bernama  -  110 words
      • Article
        Lock icon Japanese can buy Korean stocks direct
        115 3 Reuter TOKYO Japan's Finance Ministry is planning to allow Japanese investors to buy Korean shares directly from Japan, a ministry official said. The ministry is considering allowing investors to send yen directly to S Korea to settle stock transactions soon, but the official declined
        Reuter  -  115 words
    • Article
      Lock icon Malaysia's per capita income set to rise to M$9,130
      189 3 Bernama KUALA LUMPUR Malaysia's per capita income is expected to increase from M 56.238 (553.618) in 1990 to about M 59.134 this year, the Yang di-Pertuan Agong. Sultan Azlan Shah, said yesterday. While global economic performance has been uncertain, the Malaysian
      Bernama  -  189 words
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      223 3 I LEARN HOW TO INCREASE ¥OUR INCOME Come and Hear Bob Proctor... FREE V A higher income is available to anyone. High income earners have learned the secrets of putting into practice systems which never fail. For over 30 years now, author, teacher and international businessman Bob Proctor has been
      223 words
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      Page 3 Advertisements Column 2
      180 3 Prime Branch Office Locations ■HHnti ■^SE^^Ss^rVzZlSm \.r c.*aSft*3fasiiWßwOWMMMßWHßi^^^^^^^^^^^^^^^^^^^^^^^^^MßlMM^B Impressive Furnishing Up-to-date .-v." i i i i > *.~t~ Servcorp-The World's Finest Serviced Offices At just a fraction of traditional office costs, Servcorp makes even small one-man businesses look like a million dollars! Servcorp's compact offices offer the spectacular infra-structure of
      180 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article, Illustration
        Lock icon China to get luxury marques
        95 4 Reuter HONGKONG China, the world's largest remaining officially Communist state, is about to get that quintessential artefact of capitalism a Rolls-Royce distributor. Increasingly marketoriented China is already a key area for Rolls-Royce and for Inchcape Pacific, the Asian arm of the British firm Inchcape pic,
        Reuter  -  95 words
      • Article
        Lock icon HK warned over property clamp
        71 4 AFP HONGKONG Hongkong's dominant bank warned the government yesterday against coming down too hard on the territory's ever-rising property market, proposing instead a cooling-off period to let prices stabilise. Paul Selway-Smith. executive director of the Hongkong and Shanghai Banking Corp. the core unit of HSBC
        AFP  -  71 words
      • Article
        Lock icon PCS International opens Viet office
        67 4 Bloomberg Business News HONGKONG Project consultancy PCS International Ltd said yesterday it had opened a representative office in Ho Chi Minh City following approval from Vietnam's Ministry of Trade. PCS, which specialises in project finance, development and management. manages ventures in excess of USSIOO million
        Bloomberg Business News  -  67 words
      • Article
        Lock icon Foreigners invest HK$10b in Guangzhou
        56 4 Reuter HONGKONG Foreign investors have signed agreements worth over HKSIO billion to develop 17 land plots along the first line of Guangzhou's underground railway, the China-controlled Ta Kung Pao said. Guangzhou plans to raise half of the total US$6 billion cost to build the 18.45
        Reuter  -  56 words
    • Article
      Preliminary hearing in trial of Ch'ng Poh begins
      354 4  -  From Lim Soon Neo in HONGKONG THE preliminary hearing in the trial of Hongkong-based businessman Ch'ng Poh, who is charged with conspiracy to defraud HKSI27 million (5525.7 million) from listed IHD Holdings, started here yesterday. Ch'ng, best known in Singapore for bailing
      354 words
    • Article
      Lock icon China appoints 50 HK affairs advisers
      325 4 Bloomberg Business News HONGKONG China yesterday announced the appointment of 50 new Hongkong affairs advisers, broadening the range of appointees amid accusations that existing advisers do not represent local public opinion. This is the third group of advisers appointed by China to its advisory
      Bloomberg Business News  -  325 words
    • Article
      Lock icon Taiwan to open steel, nuclear projects to Japanese
      187 4 AFP TAIPEI Taiwan will open its steel and nuclear projects totalling NT594.7 billion (555.6 billion) to Japanese companies in a liberalisation effort. The Economic Daily News yesterday said Japanese firms would be allowed to bid for contracts in a NT554.7 billion steel
      AFP  -  187 words
    • Article
      Lock icon Canada keen to join Taiwan's infrastructure projects
      144 4 AFP TAIPEI Canada wants to join Taiwan's six-year national development programme, visiting Transportation Minister Douglas Young says. "The huge infrastructure projects currently underway are naturally of particular interest to Canadians," Mr Young told the eighth joint meeting of Taiwan-Canada Business Association yesterday. Up
      AFP  -  144 words
    • Article, Illustration
      Lock icon Paying the price for a piece of history
      71 4 AFP TAIPEI Taxi driver Ho Chuan-sheng being led away after being clubbed by police early yesterday. Some 200 taxi driven, answering calls from an opposition radio station, gathered shortly alter midnight outside the former headquarters of the ruling Kuomintang trying to stop
      AFP  -  71 words
    • Article
      Lock icon Beijing speeds up housing programme
      281 4 UPI BEIJING More than 95,000 Beijing residents will move into new accommodation this year under an accelerated programme to renovate dilapidated houses and construct new buildings, an official newspaper reported yesterday. Mayor Li Qiyan said the project aimed to provide more housing for low-income families
      UPI  -  281 words
    • Article
      Lock icon China says illegal textile trans-shipments still continuing
      418 4 Reuter BEIJING China said yesterday that illegal textile exports through third countries, the cause of a major trade row with the United States, were continuing despite punishment of four firms involved in the racket. The People's Daily quoted Shi Guangsheng. Vice-Minister of Foreign
      Reuter  -  418 words
    • Article
      Lock icon US retailers fear impact of China losing MFN status
      526 4 Los Angeles Times LOS ANGELES Robert Solomon, fresh from a trip to China, where he was checking on orders of Flintstone plush toys, has one word to describe the impact on his company if the United States yanks China's most-favoured-nation trade
      Los Angeles Times  -  526 words
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      418 4 H H I H Kg H kIH The Portable Air-Conditioner For People On the Moire. Compact, convenient, easy to use and absolutely no installation nAA/1/1 hassles. DeLonghi Pinguino. Italy's No.l selling portable air-condi- f tioner is certainly the cool choice for practical modem day living. p ft. C Simply plug
      418 words
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  • REST OF ASIA
    • Article
      Lock icon Aussie manufacturing sector recovering at faster rate
      328 5 Knight-Ridder SYDNEY The Australian Chamber of Manufactures quarterly survey released yesterday reports an acceleration of the manufacturing industry recovery and hopeful signs of investment and jobs growth. The survey found the proportion of companies expecting to increase their workforce in the June quarter
      Knight-Ridder  -  328 words
    • Article
      Lock icon South Korean government declares war on inflation
      531 5 Reuter SEOUL South Korea's central bank chief said yesterday the nation's economic priority should be to promote price stability. Bank of Korea (BoK) governor Kim Myung Ho told reporters the fast pace of economic recovery, centred on rising capital investment, had already caused
      Reuter  -  531 words
    • Article
      Lock icon Seoul keen to key into info highway
      145 5 BernamaXinhua SEOUL The South Korean government will set up a committee to study construction of a national information superhighway, a Yonghap News Agency report said yesterday. The plan to build such an information network, now being considered by the Communications Ministry, was formally
      Bernama- Xinhua  -  145 words
    • Article, Illustration
      Lock icon Protesting with prayers
      53 5 Reuter SEOUL Hundreds of South Korean monks praying in protest yesterday in front of the main building at the Chagye temple here as riot police stand on guard. The protest was against an earlier police raid to end a bitter dispute between opposing monks over their head
      Reuter  -  53 words
    • Article
      Lock icon Pakistan to offer more state firms for privatisation from next week
      380 5 Reuter ISLAMABAD Pakistan said yesterday it would begin offering its remaining state enterprises for privatisation from next week. Between seven and eight units will be offered next week for sale through auction and the stock market, from 31 enterprises
      Reuter  -  380 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      179 5 The secret's out. From April 16, What could be more businesslike Board one of our brand new Boeing our standards of service are based on your stay, hopefully you'll haw time for Asiana fly direct from Singapore to than travelling with the airline that's 767'5, put your feet up and
      179 words
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  • THE WORLD
    • Article
      Lock icon Cocom's passing leaves export controls to individual nations
      552 6 Reuter THE HAGUE Strategic export controls have become a largely national responsibility following the dissolution of Cocom. the Cold War body set up to prevent the Communist bloc from acquiring advanced military technology. Frans Engering. the senior Dutch government official who chaired
      Reuter  -  552 words
    • WORLD WATCH
      • Article
        Lock icon UK managers9 pay set to rise 3.25pc
        91 6 UK managers 9 pay set to rise 3.25pc Reuter LONDON Pay increases for British managers are likely to average 3.25 per cent over the next 12 months, the Reward research group said. It said that participants in its latest survey were forecasting pay increases of 3.8 per cent over the
        Reuter  -  91 words
      • Article
        Lock icon Algerian prime minister quits
        60 6 AP ALGIERS Prime Minister Redha Malek. who has presided over the bloodiest months of Algeria's Muslim insurgency, resigned yesterday, a government communique said. President Liamine Zeroual immediately named Mokdad Sifi, Minister of Equipment in the outgoing government, as prime minister to form a new government. The
        AP  -  60 words
      • Article
        Lock icon Communists ahead in Ukraine polls
        60 6 AFP KIEV Communists will form the biggest group in Ukraine's First parliament since independence, according to the First results published yesterday. Sunday's second round ballot confirmed the party's lead, chiefly in the industrialised east of the country, which should give it between a quarter and
        AFP  -  60 words
    • Article
      Lock icon US mortgage rate hike puts damper on housing market
      358 6 Reuter WASHINGTON The surgein US mortgage rates is taking the bloom off the housing market. forcing some people to scale back the type of house they can afford and pushing others out of the market. But analysts say they expect rates
      Reuter  -  358 words
    • Article, Illustration
      Lock icon Gatt chief calls for broadening G-7's scope
      274 6 AP PARIS Developing countries should he more actively involved in coordinating economic policies in the industrial world. Peter Sutherland, direc-tor-general of the General Agreement on Tariffs and Trade, said in an interview published yesterday. The world's most industrialised countries, known as the Group
      AP; Reuter  -  274 words
    • Article
      Lock icon Menem savours victory, looks to second term as Argentine president
      355 6 Reuter BUENOS AIRES President Carlos Menem, dismissing upset gains by a ragtag leftist coalition. yesterday savoured overwhelming backing for his plan to run for an unprecedented second term in office. "I tell you now, we are going to continue what
      Reuter  -  355 words
    • Article
      Lock icon Top 500 US firms earn US$204b
      343 7 Forbes magazine reports sharp productivity increases UPI NEW YORK The top 500 profitable US firms raked in US$2O4 billion (Ss32o billion) on top of their costs last year, according to the April 25 issue of Forbes magazine. The biweekly financial magazine reported sharp increases
      UPI  -  343 words
    • Article, Illustration
      Lock icon Waiting to get out
      43 7 AFP K WING lA, Burundi American, German and Belgian refugees at the border crossing between Rwanda and Burundi on Sunday. Some 400 foreigners fled in a road convoy from Rwandan capital Kigali to escape the civil war there. AFP
      AFP  -  43 words
    • Article
      Lock icon US govt clashing with technology firms over some policies
      490 7 NYT WASHINGTON It would be hard to find a US president more enthusiastic about promoting technology than Bill Clinton. Yet in many cases, the administration seems to have gone out of its way to pick fights with the very companies that
      NYT  -  490 words
    • Article
      Lock icon Japan still dominant in Gulf market despite yen's surge
      368 7 AFP ABU DHABI Japan is still dominant in the lucrative Gulf market despite an unprecedented decline in its exports to the region due to the surge in the yen, Japanese officials say. After a steady rise, Japan's exports to the six-nation
      AFP  -  368 words
    • Article
      Lock icon US lost US$33b in taxes due to abnormal pricing: study
      278 7 UPI MIAMI The US government lost more than US$33 billion (5552.14 billion) last year in potential tax revenue due to artificial over-pricing and under-pricing of products entering and leaving the country, two Florida International University finance professors report in a
      UPI  -  278 words
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      234 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      85 7 m- Do your customers clearly understand what you expect of them when credit is extended? v Do you systematically and diligently follow up every account on the books? Do you keep a periodic age analysis of all outstanding accounts? We are prepared to help you with your accounts receivable program
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      Page 7 Advertisements Column 2
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  • SPORTS
    • Article, Illustration
      Lock icon Olazabal tames tricky Augusta greens
      909 8 US Masters AP AUGUSTA, Georgia The Masters. Another foreign champion. A player of enormous talent finally realising unfulfilled promise. The story line held up. Just substitute the name Jose Maria Olazabal for Greg Norman. Olazabal stumbled slightly over the last two holes, but so did
      AP; Reuter  -  909 words
    • Article, Illustration
      Lock icon Lehman: No regrets, I have done my best
      403 8 Reuter AUGUSTA, Georgia Last year, Tom Lehman felt he shied away from an opportunity. but the 35-year-old American harbours no such doubts after his runner-up finish in the Masters on Sunday. "Choking is when you do not go for it." said Lehman,
      Reuter; AFP  -  403 words
    • PUTTING SHOTS
      • Article
        Lock icon Long-term relationship
        107 8 AFP AMERICAN JOHN DALY and Welshman lan Woosnam played all four rounds of the 1994 Masters together a first in their history of pairings in major championships. "Me and Woosie talked a lot about marriage," joked Daly, who carded a 78 on Sunday for 16-over 304. "He said
        AFP  -  107 words
      • Article
        Lock icon Man shall not live by golf alone
        48 8 AFP TOM LEHMAN spoke on Sunday morning at a local Methodist church. Lehman, a devout Christian, said he tried to keep the references to the tournament down. "I don't think they wanted to hear a lot about golf," he said. AFP
        AFP  -  48 words
      • Article
        Lock icon Citizen of the world
        65 8 AFP MASTERS RUNNER-UP Tom Lehman said he did not feel any pressure as the top US contender for the 1994 title. Spain's Jose Maria Olazabal became the sixth foreign winner in seven years, but Lehman said he never felt he carried American hopes on his shoulders.
        AFP  -  65 words
      • Article
        Lock icon Mize meets his goal
        65 8 AFP LARRY MIZE may not have won the Masters, but he at least met one of his goals for the season. "I wanted to contend in a major again," said Mize, who won the 1987 title in a play-ofF when his 42.5 m chip-in vanquished Greg
        AFP  -  65 words
      • Article
        Lock icon Green jacket bargain
        150 8 AP A MEDIA ASSISTANT for the government in Toronto is probably the most surprising owner of an Augusta National Golf Gub green jacket. Vem Smith found what is believed to be an authentic Masters jacket in a Goodwill shop in Toronto in June 1993. He bought it
        AP  -  150 words
    • Article
      Lock icon SuperSonics serve notice they are the team to beat
      584 9 Reuter SEATTLE, Washington Seattle served notice they are the team to beat for the National Basketball Association title here on Sunday, edging out Phoenix 111-108 to retain the league's best record. The SuperSonics (57-18) broke a 14-year-old team record for victories
      Reuter  -  584 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Cricket
        79 9 Reuter SYDNEY Australian captain Allan Border, whose imminent retirement from international cricket has been widely predicted, yesterday hinted he may play on. "I believe 1 still have something to ofTer the Australian team." Border. 38, said on his return from South Africa. where he guided his side to a
        Reuter  -  79 words
      • Article, Illustration
        Lock icon Golf
        102 9 AFP AUGUSTA, Georgia 1994 US Maafcn final scores Sunday: 279 Jose Maria Olazabal (Spn) 74 67 69 69 281 Tom Lehman 70 70 69 72 282 Larry Mize 68 71 72 71 283 Tom Kite 69 72 71 71 285 Loren Roberts 75 68 72 70. Jim McGovem 72
        AFP  -  102 words
      • Article, Illustration
        Lock icon Baseball
        70 9 Reuter NEW YORK Major League Sunday American: Minnesota S Oakland 15; Baltimore 7 Texas 8; NY 3 Detroit 8; Toronto 12 Seattle 6; Milwaukee I California 4; Chicago 8 Boston 0; Kansas City 6 Oeveland 1. National: Montreal 8 Chicago 2; Cincinnati 7 Philadelphia 5; Houston 6 New York
        Reuter  -  70 words
      • Article, Illustration
        Lock icon Basketball
        25 9 Reuter NEW YORK NBA Sunday: New Jersey 107 New York 88; Seattle 111 Phoenix 108; Detroit 111 Boston 116; Denver 92 Houston 93. Reuter
        Reuter  -  25 words
      • Article, Illustration
        Lock icon Ice hockey
        57 9 Reuter NEW YORK NHL Sunday: NY Islanders 5 NY Rangers 4; Phila- delphia 3 Boston 4; St Louis 2 Dallas 2 (OT); Hartford 6 Tampa Bay 4; Chicago 2 LA I; Buffalo 4 Quebec I; Florida 2 New Jersey 2 (OT); Toronto 7 Winnipeg 0; San Jose 3
        Reuter  -  57 words
      • Article, Illustration
        Lock icon Indy racing
        64 9 Reuter PHOENIX, Arizona Slick SO 200-mile IndyCar motor race on Sunday: 1 Emerson Fittipaldi (Bra) Penske-Ilmor, 200 laps completed (average speed 172.898 kmh). margin of victory 13.482 sec 2 A 1 Unser Jr (US) Penske-Ilmor. 200 laps completed 3 Nigel Mansell (GB) Lola Ford Cosworth, 199 laps 4
        Reuter  -  64 words
      • Article, Illustration
        Lock icon Soccer
        54 9 AP LONDON French striker Eric Cantona, now serving a five-match suspension after two expulsions in a week, has been voted player of the year by his fcllos pros in English soccer. The Manchester United player is the first foreign player to win the prestigious award which comes from the
        AP  -  54 words
      • Article, Illustration
        Lock icon Squash
        83 9 Reuter LONDON Second seed Brett Martin of Australia will meet holder Jansher Khan in the final of the British Open after beating England's Chris Walker 9-7 7-9 9-7 9-4 on Sunday. Brett's sister. Michelle, also came through to defend the women's title. Jansher beat England's Peter Marshall 9-2 7-9
        Reuter  -  83 words
      • Article, Illustration
        Lock icon Tennis
        51 9 Reuter MONTE CARLO ATP Tour men's singles rankings: I Pete Sampras (US) 5.090 pts 2 Michael Stich (Ger) 3,094 3 Stefan Edbcrg (Swe) 3,070 4 Jim Courier (US) *759 5 Goran Ivanisevic (Cro) 2.662 6 Seigi Bruguera (Spn) 2.644 7 Michael Chang (US) 2.309 8 Todd Martin (US) 2,231.
        Reuter  -  51 words
    • Article, Illustration
      Lock icon Flying shortstop stops double play attempt
      45 9 Reuter MINNEAPOLIS Oakland Athletics' shortstop Mike Bordick holding onto the ball after being blocked out of a double play attempt by Minnesota Twins' kirby Puckett during the third inning on Sunday. Twins' Kent Hurbek was safe at first. Reuter
      Reuter  -  45 words
    • Article
      Lock icon Sanchez Vicario ends 11-month drought
      206 9 NYT AMELIA ISLAND, Florida The crowd was not in her corner. Her father was in a hospital in Spain after suffering a heart attack. Her opponent was desperate to end a two-year slump without a title. But none of these troubling predicaments were sufficient to
      NYT  -  206 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      145 8 f i FIRST 1 INDONESIA |9MH I The CIC Consulting Group is glad to present I INDONESIAN MANUFACTURER DIRECTORY 1993/94 j The first and most complete Directory in Indonesia on j manufacturing industries. The 1,460-page Directory contains The company profile covers: profiles of 5,056 manufacturing Complete Addresses of Office and
      145 words
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      Page 8 Advertisements Column 2
      98 8 Does damp clothes and moldy shoes give you that muggy uncomfortable gßk YES. Warm wet air can cause mold and musty odors to seep into apparel, upholstery and books. It can also cause paint to peel, stairs to rot and wooden floors to swell. You can prevent such moisture damage
      98 words
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      Page 8 Advertisements Column 3
      585 8 N^fcSingmarine Singmorine Industries Limited (Incorporated in the Republic o» Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Board Room, Singmarine Industries Limited, 55 Gul Road, Singapore 2262 on 27 April 1994 at 10.00 am to
      585 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      93 9 Ia I PfflMF- Developed And Endorsed By Olazabal. really helps to place the response KJr I Face Balanced V Computer zJSjj&r Milled Face y' Peripherica! mass distribution PATH TO BETTER PUTTING IVtakser help M perform a putting stroke snghtiy m« the target line Nil v on the +4 backswing I,
      93 words
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      Page 9 Advertisements Column 2
      59 9 Imp <9>maruman and Grand IBig WiTl Pte. Ltd. congratulate for winning the 1 Golf Equipment. I fS s» mw-w w V> -"S v* WINNING FORMULA <g>maruman Sole Agents tor Brunei. Indonesia. Malaysia. Philippines. Singapore. Thailand. Hong Kong China: < Grand Hignsin Pte. Ltd. 545 Orchard Road #02-27. Far East Shopping
      59 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Lock icon Good run for HK office sector
      525 10  -  US firms expanding in HK put squeeze on office space. Sylvia Wong reports Sylvia Wong Residential property in Hongkong was not the only sector to breach new heights early this year the colony's office sector also had a good run in the first three
      Source: Richard Ellis  -  525 words
    • Article, Illustration
      Lock icon Paramount Building to get US$200m facelift
      562 10 Bloomberg Business News GENERAL Electric Co has joined forces with developers Donald Trump and Daniel Galbreath to rebuild the Paramount Building from the inside out, at a projected cost of about US$2OO million (SS3I4 million). The redevelopment, expected to begin about a year from
      Bloomberg Business News  -  562 words
    • Article, Illustration
      Lock icon HongkongBank warns against clamping down hard on prices
      215 10 AFP HONGKONG'S dominant bank warned the government yesterday against coming down too hard on the territory's ever-rising property market, proposing instead a cooling-ofT period to let prices stabilise. Paul Selway-Smith. executive director of the Hongkong and Shanghai Banking Corp Ltd. the core
      AFP  -  215 words
    • Article
      Lock icon S Korean builders cashing in on booming S-E Asia economies
      229 10 AFP ASIA's booming economy helped South Korean construction firms increase overseas orders by 83.5 per cent to US$l.22 billion (551.92 billion) in the first three months of this year, the Construction Ministry said last week. It was the highest quarterly
      AFP  -  229 words
    • Article, Illustration
      Lock icon Aussie property market turning rosy again
      571 11  -  But concern remains that upturn may not be sustained. Joycelyn Shu reports Joycelyn Shu AS Australia enters a phase of moderate inflation and economic growth, the property market is expected to improve along with it. However, the outlook for various market segments may vary
      Source: ABS and IPC  -  571 words
    • Article, Illustration
      Lock icon Dream vacation homes come at a cost
      519 11 Bloomberg Business News Perhaps it was the soft white sand, the gentle sea breeze, the moonlight. Or maybe the bustling market and friendly townspeople did it. But you fell in love on your last holiday abroad with take your pick: ethe quaint Caribbean
      Bloomberg Business News  -  519 words
    • REGIONAL SKYLINE
      • Article
        Lock icon Singaporean swoops in on Gold Coast
        78 11 Australian Financial Review GOLD COAST— Singaporean Denis Jen has bought QIW Ltd's Mermaid Waters Super Centre and two adjoining sites belonging to ANZ Bank for between As2l million (SS23.S million) and As 22 million. The unconditional purchases were made by Mr Jen's Intro International
        Australian Financial Review  -  78 words
      • Article
        Lock icon Loxley and Gel set up construction firm
        70 11 The Nation THAILAND Lowley Pic and General Engineering Pic have jointly established Loxley Infra Co to undertake large-scale construction projects in Thailand and Indochina. The former holds 60 per cent of the joint venture while GEL holds the rest. Suchin Suwannacheep, a Loxley
        The Nation  -  70 words
      • Article
        Harbour Hotel to get the axe
        98 11 HONGKONG The 20-year-old Harbour Hotel, which is owned by the China Travel Service Group (CTSG), is slated to face the wrecker's ball, says the South China Morning Post. A sign outside the 156-rootn hotel says the hotel is due for redevelopment, although sources say
        98 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      106 10 GST REDUCES THE COST OF SEMINARS will receive a credit for all GST paid, N. without leaving Singapore so if you hold your seminar at Le Meridien and save by having your Changi, you can save 3%! seminar at Le Meridien Changi. Prior to April 1, you would have paid
      106 words
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      Page 10 Advertisements Column 2
      158 10 jjflT CHOOSINC SINGAPORE INSTITUTE OF SURVEYORS VALUERS Be a Qualified Real A Estate Agent v>/\i\C« Im The Real Estate Agency Course aims to train estate agents as well as upgrade the present IN standard of agency practice in Singapore. The course consists of 3 parts, each part comprising 8 lectures
      158 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      87 11 Take advantage of an excellent opportunity to sell your property We are retained by an investor to identify properties in Singapore for purchase. The properties desired are: en-bloc properties residential (including landed), commercial or industrial properties tenure: freehold or 999-year leasehold occupied or vacant price range of Stan to $30m
      87 words
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      Page 11 Advertisements Column 2
      138 11 ArchiCAD'/ SOPHISTICATION Entrance Hall Warehouse Hermes A&D Studio Notional Pavilion of Hungary Seville Expo '92 feme Mokovecz, Architect Exhibition Hall on the Hannover Expo site Bertram♦ Buhnemann, Architect Office block Jonos Monus Zsuzsa Szoke. Sandor Nogy Architects Hill House loszlo Vertesi, Architect The waste processing plant of Budapest A&D Studio
      138 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      626 12 Nothing Beats A Bud. OF GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert. Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BIK 833 #01-03 ROYALVttLE BUWT
      626 words
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      Page 12 Advertisements Column 2
      212 12 WHERE TO WINE, DINE AND ENTERTAIN Mm? Why not make your next corporate function a mix of business and pleasure? Hold it at our corporate room in Singsation. Singapore's firsttheme karaoke lounge at the Plaza Hotel. fMcrvr/ V PLAZA Hotel mn iwiti I NEW /r A NTONE sE |1 I
      212 words
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      Page 12 Advertisements Column 3
      389 12 Nonya Fare Plenang iMair At the Chatterbox Bite into the goodness of Penang Nonya food at the Chatterbox this Bth to 17th April Chefs specially flown in from Penang Mutiara Beach Resort, will whip up nonya specialities and a whole lot more. All set to tickle your tastebuds Ha* H-rApnl<H
      389 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Watch what you say
      839 13  -  A watch sometimes says something about its wearer, so Christine Keating warns us to Christine Keating NYT THE timepiece on your wrist tells a lot more than time. A Timex might quietly say: "I'm into function." A Rolex screams: "I have some bucks to blow." A
      NYT; Source: Federation of the Swiss Watch Industry  -  839 words
    • Article
      Lock icon Doubtful homemaker
      352 13 .Ml—HUlu*- AP UPI IHT IHT AP SOME homemaker Mrs Doubtfire is. According to a lawsuit, children and animals ran wild on the set of the movie featuring Robin Williams as a female nanny-housekeeper. Lawyer Richard Julien, who owns the Victorian-style house used in Mrs Doubtfire, filed the lawsuit
      AP; UPI; IHT  -  352 words
    • Article, Illustration
      Lock icon Beauty and the bees
      44 13 AFP NEW YORK A model wearing an evening gown fashioned after a bumble bee during the Wellman Fall collection on Sunday. All the outfits were made from Fortel EcoSpun, a fibre made from 100 per cent recycled plastic bottles. AFP
      AFP  -  44 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      193 13 T^\ie hottest pick-up place. Caper's Smart Lunch. At only $21.50 it's also a smart choice. For you will enjoy the best of Asian favourites and Continental delights while soaked in the absolute comfort and plushness of The Regent. Capers, the pick of smart lunches. \ottgMt I Singapore A Foui Seasons
      193 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1117 13 I TV RADIO The Final L 1 Chapter, 11pm, to Lake v m the teen slaughter to scare Jameans everyone the lake v gets Corey a who sbc 12 Ex-Monty Python funny man John Cleese returns sethe cook and the I At Eleven, 8.30pm, TV A news anchorman way y^l
      1,117 words
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  • Article
    Japan in a bind
    557 14 U—, RIENDS are arguing with friends," i 1 said a Japanese lawmaker on Sunday, "and former enemies are hav- ing conversations with one another". His comment aptly summed up the confusion, intrigue and backroom manoeuvring that has gripped Tokyo following Prime Minister Morihiro Hosokawa's dramatic resignation
    557 words
  • WHAT THE OTHERS SAY
    • Article
      Go ahead with the polls
      442 14 CHIEF Mangosuthu Buthelezi of the Inkatha Freedom Party knows that the peace process will not work without the support of seven million Zulus, the largest ethnic group among 40 million South Africans. Not all Zulus belong to Inkatha; the more educated among them and those
      442 words
    • Article
      Speed up peace momentum
      92 14 AS EXPECTED the PLO-lsraeli peace accord which is supposed to lead Palestinians to self-rule in the occupied territories would not be free from threats. These threats should not hamper the peace momentum between PLO and Israel. However, PLO and the Israeli government have to more sensitive
      92 words
    • Article
      A new breakthrough sought
      101 14 THAT the committee to promote the use of Mandarin includes many English-educated members shows that a new breakthrough is being sought in the nation's 16-year-old Speak Mandarin campaign. There has also been a change in the aim of the campaign from that of encouraging the use
      101 words
    • Article
      Hosokawa's fatal flaw
      153 14 YESTERDAY'S resignation of Japanese Prime Minister Morihiro Hosokawa puts a sad and early end to a promising but flawed political career. It plunges Japan further into crisis just when the country needs real leadership. Mr Hosokawa has been forced out of office with much of what he
      153 words
    • Article
      Venturing abroad
      161 14 YES, there is really no reason why Malaysians should feel inferior at all in their purposeful march to Vision 2020 as a fully industrialised nation. Prime Minister Mahathir Mohamad has said we must get rid of this feeling of inferiority as "anything that others can do, we can
      161 words
    • Article
      Relief for the retrenched
      89 14 THE PROPOSAL by the Ministry of Human Resources to amend the Industrial relations Act 1967 to prevent employers from evading their duties is to be lauded. The amended Act must plug any loophole which can be exploited. It must also foresee all the dubious steps likely
      89 words
  • Article, Illustration
    Lock icon Restructuring of Japanese economy an uphill task
    1104 14  -  Reform a question of both economics and culture, say Sam Jameson and David Holley Sam Jameson,David Holley AP IN ALL the biting American criticisms of Japan's economic practices, nothing matches the bitter language of Ichiro Ozawa in his book Blueprint for a Ne*
    AP  -  1,104 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      307 14 For more than a century and a half, Patek Philippe has been known as the finest watch in the world. The reason is very simple. It is made differently. It is made using skills and techniques that others have lost or forgotten. It is made with attention to detail very
      307 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      62 14 »'fl ljiSM i COULD SHimmy uKe. rm in fssiu-y raooD ToDAy siS*r£.R K*T£... DOONESBURY GARRY TRUDEAU &eMORPO£A9Sem£S nfuLrneHeABN&MEMOUf)] 111 II muHmmfftimops. It I THANK Brno. T> ■ii tii /J YEARS A6O, ANDHHETt&R i H GOP FOR pHR THATS 1" OKAf, R£AUTY CHECK- WHY f THECUNTCNS PIP ANY- \V€ OUR ARB
      62 words
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  • ANALYSIS
    • Article, Illustration
      Boeing zooming ahead of the game in China
      1123 15 Servicing customers' every need and whim lies at the heart of the American aircraft maker's sales strategy American aircraft manufacturer Boeing dominates foreign sales of passenger planes to China. To maintain this position it unambiguously strives to meet every need its customers
      1,123 words
    • Article, Illustration
      Japan warms to Central Asian Republics
      897 15  -  Anthony Rowley explains why Tokyo is keen to cement ties Anthony Rowley The writer is BT's Tokyo correspondent A FLURRY of central Asian diplomatic activity on Japan's part appears to have wider significance than meets the eye. Kazakhstan president Nursultan Nazarbayev arrived in Tokyo
      897 words
    • Article
      Foreign Santas beware the pitfalls
      500 15 WHILE Boeing is happy with what it has gained and hopes to gain from its gift-giving, there are pitfalls to this method of doing business in China. From overseas trips, educational scholarships, machinery and vehicles. to extravagant personal gifts and banquets, the foreign Father Christmas
      500 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      303 15 These articles were reprinted from the E March 21 issue of Business China, a fortnightly management report by The Economist Intelligence Unit (Asia) Ltd ANNOUNCEMENT SUPERMIZER SMX™ %T ...YOUR ENERGY SAVER AREX ELECTRONICS CORPORATION has granted to SUPERMIZER SINGAPORE PTE L TD the exclusive manufacturing and distribution rights for SUPERMIZER
      303 words
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  • Article, Illustration
    Lock icon Split in Japan's ruling coalition widens, total gridlock possible
    392 16 Reuter, AP TOKYO The possibility of total gridlock in Japan's government rose yesterday when leaders of the ruling coalition's conservative faction boycotted a meeting called by their more liberal partners. It was the clearest illustration yet of a split in the
    Reuter,; AP; Reuter  -  392 words
  • Article
    Lock icon Former minister Nakamura demands bail to join fray
    191 16 Reuter TOKYO A former Japanese construction minister, behind bars on bribery charges, demanded yesterday that he be released on bail so he could join the political fray sparked by the premier's resignation over a loans scandal. Kishiro Nakamura. charged with taking 10
    Reuter  -  191 words
  • Article
    Lock icon Keating pledges more aid for Vietnam
    303 16 Reuter HANOI Australian Prime Minister Paul Keating, meeting Vietnamese leaders while facing fresh criticism from home over his trip, has promised to double aid to Hanoi. Mr Keating, making the first trip to Vietnam by an Australian prime minister since the end of the
    Reuter  -  303 words
  • Article, Illustration
    Lock icon Moscow warns West against military involvement in Bosnia
    414 16 Reuter. AFP BELGRADE Russian envoy Vitaly Churkin warned the West yesterday against being sucked into military involvement in Bosnia after Nato warplanes bombed Serb forces attacking the Muslim town of Gorazde. At the same time. Russian President Boris Yeltsin called for the
    Reuter.; AFP; Reuter  -  414 words
  • Article
    China's capital gains tax looks set to go ahead largely intact
    313 16  -  By Teh Hooi Ling SINGAPORE China's controversial capital gains tax will not be significantly amended in spite of strong opposition. Instead, details of its implementation will be announced soon, China's semiofficial Hongkong China News Agency has quoted reliable sources
    313 words
  • Article
    Lock icon Li Peng plays up Macau's transfer of sovereignty
    389 16 Move seen as bid to highlight Sino-British problems over HK AFP BEIJING Chinese Premier Li Peng yesterday played up Sino-Portuguese cooperation over Macau's transfer of sovereignty, holding it out as "an example" for other countries with similar problems. Xinhua news agency quoted
    AFP  -  389 words
  • Article, Illustration
    The inevitability of nuclear proliferation
    748 16  -  The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent THE growing tensions between the United States and North Korea, relating to suspicions by the International Atomic Energy Agency (lAEA) that Pyongyang is closer than ever to acquiring nuclear military' capability, have
    748 words
  • Article
    Lock icon Myanmar to attend Asean meeting as Thai guest
    258 16 AFP MANILA The Association of South-east Asian Nations (Asean) will allow Myanmar to attend their annual meeting in July despite continuing differences, but only as Thailand's guest, the Philippines said yesterday. Foreign Secretary Roberto Romulo. who returned from an official visit to
    AFP  -  258 words
  • Page 16 Advertisements
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      384 16 Nitsuko Jttmgtj Digital Keyphone Systems Leading Edge Technology B Business Mandarin I For Singapore Mandarins Hll Are you an English educated executive with some §H command of simple conversational Mandarin? Do 111 you have business dealings in China? Are you H| frustrated because your Mandarin is just not good 111
      384 words
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      Page 16 Advertisements Column 2
      7 16 Editorial: Japan in a bind, Pg 14
      7 words
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      Page 16 Advertisements Column 3
      27 16 r Distributor: SiNCjApORE j J 216 7088 COM** Fa*- 278 78 9 8 Communications Equipment Co Rio Ltd I 0A b I v Quality Senite i u
      27 words
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  • COMPANIES & MARKETS
    • Article
      Salcon consortium wins Philippine power contract
      371 17  -  By Teh Hooi Ling SINGAPORE A consortium which included a Singapore company and a listed Malaysian company has won a contract to rehabilitate and run a 203.8-megawatt thermal power plant in the central Philippines, the state-owned National PowerCorp (NPC) said yesterday. Under the agreement,
      371 words
    • Article
      Singapore Telecom, China in joint study of various projects
      375 17  -  By Schutz Lee SINGAPORE Singapore Telecom and China's Ministry of Telecommunications and Post are exploring an Asia-Pacific satellite telecommunications project, among other collaborative efforts in the pipeline. These range from mobile phone services to satellite broadcast service to optic fibre links
      375 words
    • Article, Illustration
      Creative Technology to sell chips of its famous sound cards
      344 17  -  By Claire Leow SINGAPORE Creative Technology will give computer makers and contract manufacturers the flexibility of buying just the chips that power its market-leading audio boards and not the entire sound card, as they have been doing. Founder and chief
      344 words
    • Article
      Dairy Farm's ex-MD Owen Price retires in S'pore
      198 17 SINGAPORE The former managing director of Hong-kong-listed retail giant Dairy Farm International, Owen Price, has set up his retirement home in Singapore and joined the board of locally listed retailer The Hourglass. Mr Price, who stepped down from running the retail arm
      198 words
    • Article
      Haw Par has to rely more on non-investment core businesses this year
      671 17  -  HOCK LOCK SIEW By Genevieve Cua SINGAPORE Haw Par Brothers International's core businesses, other than investment holding, will have to do more to prop up group earnings this year. It was about four years ago that Haw Par
      671 words
    • Article
      Guthrie in tie-up to develop residential land in Shanghai
      234 17 SINGAPORE Diversified Guthrie GTS has teamed up with a Chinese company to jointly develop a piece of land in Pudong. Shanghai, for residential use at a cost of about US$3B.7 million (5560.4 million). In a statement yesterday. Guthrie said that a
      234 words
    • Article
      M'sia's MCSB Systems buys 48pc stake in Supercomputers
      199 17 SINGAPORE Computer firm MCSB Systems, which is listed on the Kuala Lumpur Stock Exchange, yesterday agreed to pay US$B million (S$ 12.5 million) for a 48 per cent stake in Supercomputers International. It is the Malaysian computer systems integrator's first direct stake
      199 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        45 17 Firm \larket indicates the likely trading sentiment today. based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled Alliance. Haunt's Dama. Fraser. GK Goh Kay than. Morgan Grenfell Ongto. Phillip. Tat Lee. Smith Am Conn and SCi H arhurg
        45 words
      • Article, Illustration
        HOT STOCK
        154 17  -  -By Teh Hooi Ling Malayan Banking Bhd has been falling from a high of $11.80 in a falling wedge pattern to a low of about $8.00 in the last three months before rebounding to $8.70 yesterday. The pattern is bullish. A break-out from a wedge will see its
        154 words
    • COMPANIES
      • Article
        Lock icon Tenaga sued for M$399m over hydro-electric project
        341 18 Bernama KUALA LUMPUR A Tai-wanese-Malaysian joint venture company is suing Tenaga Nasional Berhad (TNB) for M 5399.79 million (*****.39 million) for work done at a hydro-electric project at Sungai Piah in Perak. The suit, by Ret-Ser Engineering Agency-Kerjaya Binaan Sdn Bhd. was filed
        Bernama  -  341 words
      • Article
        Lock icon HK insider dealing tribunal to hold hearing this month
        203 18 Reuter HONGKONG The government's insider dealing tribunal plans to hold its first hearing at the end of April into the trading of shares in a local property firm. Arthur Yuen, assistant secretary at the Financial Services Branch's Securities Section, yesterday said
        Reuter  -  203 words
      • Article
        Lock icon Celcom plans M$100m investments
        177 18 Bernama KUALA LUMPUR Cellular Communications Network (M) Sdn Bhd (Celcom) will be investing about MS 100 million (5558.3 million) in infrastructure for its wireless data network. its president said yesterday. Mr Rosli Man was speaking to newsmen after signing a Memorandum of Understanding (MOU) between Celcom
        Bernama  -  177 words
      • Article
        Lock icon Octowers drops plans to build Asia's tallest condo in KL
        188 18 NST KUALA LUMPUR The proposed 56-storey Octowers project, touted in 1990 as "Asia's tallest condominium", has been scrapped after four years of uncertainty over it getting off the ground. Octowers (M) Sdn Bhd has abandoned its ambitious plan to develop
        NST  -  188 words
      • Article
        Lock icon Wembley to focus on Plaza Rakyat
        196 18 Bernama KUALA LUMPUR Wembley Industries Holdings Bhd is focusing efforts on developing the MS64B million (***** million) Plaza Rakyat. While the group's other businesses would be kept as going concerns, profits from property-related activities were expected to grow four-fold this year, group managing director
        Bernama  -  196 words
      • COMPANY BRIEFS
        • Article
          Lock icon TH Loy incurs M$23,000 operating loss
          53 18 Bernama KUALA LUMPUR TH Loy Industries (M) Bhd yesterday announced a pre-tax operating loss of M 523.000 (5513.300) for the year ended Dec 31, 1993. compared to a pre-tax operating profit of MS 1.67 million before. Group turnover fell 7.7 per cent to MS
          Bernama  -  53 words
        • Article
          SIA leases Boeing jet to China Airlines
          49 18 SINGAPORE Singapore Airlines has leased a Boeing 747-400 aircraft to China Airlines for an undisclosed sum. SIA said in a statement yesterday the lease is for two years and that the Taiwanese carrier has an option to extend it for another year.
          49 words
        • Article
          Lock icon APT to offer 4.1m shares
          84 18 Bernama KUALA LUMPUR Advanced Packaging Technology (M) Bhd is making an offer for sale of 4.09 million MSI shares at M 52.20 per share. Of the total. 1.34 million shares are reserved for approved bumiputra investors and institutions and 201.000 shares for eligible employees. The
          Bernama  -  84 words
        • Article
          Lock icon Berjaya (HK) shares jump 18pc
          86 18 Reuter HONGKONG Shares in electronics maker Berjaya Holdings (HK) Ltd, formerly known as Wing Hung Kee Holdings Ltd. jumped seven HK cents or 17.9 per cent to 46 HK cents in morning trade. Brokers said there was no news to push up the share price,
          Reuter  -  86 words
        • Article
          Lock icon Asia Pacific Land to buy I&P Fletcher
          68 18 Bernama KUALA LUMPUR Asia Pacific Land Bhd. through its 51 per cent subsidiary, proposes to buy the entire issued and paid-up capital of I&P Fletcher Binaan Sdn Bhd. A statement yesterday said APL Concrete Constructions Sdn Bhd will acquire one million I&P Fletcher
          Bernama  -  68 words
        • Article
          Lock icon Yee Lee posts 14pc pre-tax rise
          71 18 Bernama KUALA LUMPUR Yee Lee Corporation Bhd has announced a 14.2 per cent rise in group pre-tax profit to M 59.50 million (555.5 million) for the year ended Dec 31, 1993, from M 58.31 million previously. Group turnover fell 15.7 per cent to M
          Bernama  -  71 words
        • Article
          DBS Land unit in joint venture
          62 18 SINGAPORE Esmaco. a subsidiary of DBS Land, has taken a 60 per cent stake in a joint-venture company with Singapore Corporation of Rehabilitative Enterprises (Score) to establish and operate a two-hectare plant nursery at the Bedok Reformative Centre. The joint venture, Esco Horticulture, has
          62 words
        • Article
          Lock icon M'sian Mosaics' earnings fall
          70 18 Bernama KUALA LUMPUR Malaysian Mosaics Bhd has reported a 13.9 per cent fall in group pre-tax profit to M 533.49 million (SS 19.42 million) for the year ended Jan 31, 1994, from M 538.83 million a year earlier. A statement said after-tax profit amounted to M
          Bernama  -  70 words
        • Article
          Lock icon CHG Industries' profit, turnover jump
          62 18 Bernama KUALA LUMPUR CHG Industries Bhd has recorded a 146 per cent jump in group operating profit before tax to M 513.11 million (557.6 million) for the year ended Dec 31, 1993. Group turnover also rose 96 per cent to M$ 128.36 million. Net profit
          Bernama  -  62 words
        • Article
          Lock icon Muhibbah turns in 46pc profit rise
          73 18 MBT KUALA LUMPUR Newly-listed Muhibbah Engineering (M) Bhd has posted a 46 per cent rise in after-tax profit to M 59.5 million for the year ended Dec 31, 1993. Group profit before tax increased 37 per cent to MS 14.2 million (SSB.2 million). This
          MBT  -  73 words
        • Article
          SPC enters Malaysian venture
          71 18 SINGAPORE Singapore Petroleum Co and Petmal Oil (Malaysia) have entered into a joint venture to market and distribute petroleum products under the brand name, Petmal, in Malaysia. Known as Petmal Oil Coiporation Sdn Bhd, the tie-up is owned 60 per cent by Petmal Oil and 40
          71 words
        • Article
          Lock icon Ever Shine profit edges up 2.68pc
          66 18 AFP JAKARTA PT Ever Shine Textile Industry, Indonesia's largest Rayon fabrics producer, has recorded a net profit of 18.48 billion rupiah (5513.3 million) in 1993. PT Ever Shine yesterday said net profit in 1993 rose by a mere 2.68 per cent over that in
          AFP  -  66 words
      • Article, Illustration
        Lock icon Media baron Packer in A$318m telecoms deal
        447 19 Reuter SYDNEY Australian media baron Kerry Packer has spent AS3IB million (***** million) on 15 per cent of the country's second largest telecommunications carrier Optus Communications Pty Ltd to boost his fledgling pay-TV plans. Optus yesterday said it would issue 265 million shares,
        Reuter  -  447 words
      • Article
        Lock icon Hongkong financial services firm to offer 63.9m shares
        397 19 Bloomberg Business News HONGKONG Financial services company Cheerful Holdings will issue 63.9 million shares in an initial public offering to raise HK563.9 million (5512.97 million) to expand the capital base of its foreign exchange division. "Putting part of the proceeds in our
        Bloomberg Business News  -  397 words
      • COMPANY BRIEFS
        • Article
          Lock icon Toshiba to expand M'sian chip plant
          62 19 Reuter Corp will invest more than 500 million yen (557.5 million) to nearly double produetion capacity at its semiconductor plant in Malaysia, a company spokeswoman said yesterday. lo>»hiba Electronics Malaysia is currently operating at full capacity, producing 20.000 chips a month, mainly for audio-visu-al
          Reuter  -  62 words
        • Article
          Lock icon HK toy maker posts 91pc profit jump
          46 19 Bloomberg Business News HONGKONG Toy manufacturer South China Industries" net profit rose 91 per cent to HKS 103.3 million (SS2I million) for the year ended last Dec 31. The ligures are after taxes and minority interests. Bloomberg Business News
          Bloomberg Business News  -  46 words
        • Article
          Lock icon Viacom exploring sale of sports teams
          115 19 Reuter NEW ORK Viacom Inc is exploring the sale of Madison Square Garden and the New York K. nicks and Rangers sports teams. According to a report in Jhe W all Street Journal, people familiar with the situation said Viacom has received several inquiries
          Reuter  -  115 words
        • Article
          Lock icon Apollo Real Estate buys property loan
          102 19 Reuter NEW Apollo Real Estate Investments bought Bank of Montreal's 31 per cent share of a USSI4O million (***** million) loan made to Olympia York Developments Ltd. The Wall Street Journal reported. The Bank of Montreal said terms of the sale were not disclosed,
          Reuter  -  102 words
        • Article
          Lock icon Jusco group profit slips 6pc to 35b yen
          116 19 AFP TOKYO Japanese supermarket operator Jusco Co Ltd said yesterday its consolidated pre-tax earnings dived 6 per cent to 35.1 billion yen for the year to February. But the country's fourth-largest supermarket chain said group sales grew 6 per cent to 1.71
          AFP  -  116 words
      • Article
        Lock icon Caltex Australia workers to vote on action over layoff
        206 19 Knight-Ridder CANBERRA Workers at Caltex Australia's Kurnell re finery will meet on Friday to vote on possible industrial action after the company announced last week it intended to cut the plant's workforce. "We've got a members' meeting the first one ever
        Knight-Ridder  -  206 words
      • Article
        Untitled
        520 19 Knagm' prim Apr 12 us Gr Fund 105 I 09** Singapore Unit Trust UMB Invest Mgt Ltd The Commerce 1.66 1.74 H n, und H 1 il The Savings Fund 1.52 l.60xd Ln'bond- 1.02 1.05 S pore Frog Fund 0.70 0.74 United Gr Fund 1.63 1.69 S pore Sec Fund
        520 words
      • Article
        ITC Global takes over Umbel's commodities trading business
        327 19  -  By Shiv Taneja SINGAPORE Singaporebased ITC Global Holdings Pte Ltd, a wholly-owned subsidiary of Indian conglomerate ITC Ltd, has signed an agreement with SA Unibel NV to acquire its commodity dealing business for an undisclosed amount. In a statement yesterday, ITC Global
        327 words
      • Article
        Lock icon Trafalgar House putting the Ritz on the market again: paper
        153 19 Reuter LONDON Trafalgar House is again looking for a buyer for the Ritz Hotel in London, after having withdrawn it from the market last year when the company launched its £425 million (Ss9Bl million) rights issue. The Sunday Times reported
        Reuter  -  153 words
      • Article
        Lock icon Fletcher Challenge to sell New Zealand properties to Seabil for NZ$218m
        226 19 Bloomberg Business News WELLINGTON New Zealand energy and forestry group Fletcher Challenge Ltd said it had reached a conditional agreement to sell five properties in Auckland and Wellington for a combined NZS2IB million (SS 196.39 million). Included among the
        Bloomberg Business News  -  226 words
      • Article
        Lock icon Pioneer to develop dial-a-karaoke system
        207 19 AFP TOKYO Japan's Pioneer Electronic Corp announced yesterday plans to develop a telephone karaoke system by the end of this year with local karaoke software companies JHC Corp. Toei Video Co Ltd and Nikkodo Co Ltd. The company said it planned to sell 50.000 systems
        AFP  -  207 words
      • Article
        Lock icon Bond's IQ lower after operation, court told
        212 19 Reuter SYDNEY The IQ of failed Australian entrepreneur Alan Bond dropped after he underwent open-heart surgery in 1993. his lawyer told a court yesterday. Anthony Howard told the Federal Court in Sydney that Bond's IQ had dropped to 90 from 150. The average
        Reuter  -  212 words
    • FINANCE & COMMODITIES
      • Article
        BoA to lend US$100m to State Bank of Vietnam
        350 20  -  From Harish Mehta in HO CHI MINH CITY BANK of America (BoA) will lend US$lOO million (SSIS7 million) to the State Bank of Vietnam, marking the bank's first exposure in Vietnam since a 19-year embargo against the country was lifted by
        350 words
      • Article
        S$, M$ expected to rise against US$ in short term
        375 20 SINGAPORE US brokerage house Merrill Lynch said yesterday that it expects both the Singapore dollar and the Malaysian ringgit to appreciate against the US dollar in the near term. The Singapore dollar could gain 6 to 7 per cent against
        375 words
      • SMALL CHANGE
        • Article
          Lock icon ICG plans London listing in May
          99 20 Reuter LONDON Mezzanine capital arranger Intermediate Capital Group Ltd (ICG) said it plans to seek a listing on the London Stock Exchange in May. ICG, formed in 1989, also said that consolidated profit for the year to Jan 31 stood at £14.6 million (SS3-3.8
          Reuter  -  99 words
        • Article
          Lock icon Rockets hit insurance offices in Athens
          68 20 AP ATHENS Rockets propelled by timed launchers hit two foreign insurance offices in an Athens suburb early today, causing damage but no injuries, police said yesterday. The rockets exploded within minutes of each other, hitting the ground floor of the AnMtean Life Insurance Co
          AP  -  68 words
        • Article
          Lock icon IBJ's long-term prime unchanged
          101 20 Reuter TOKYO The Industrial Bank of Japan Ltd (IBJ) said it set its Apftt long-term prime rate at an unchanged 4.4 per cent, effective April 13. IBJ's move halts a recent upward trend in the prime rate, which rose for two months straight in February and
          Reuter  -  101 words
        • Article
          Lock icon Private issue of 170b yen in bonds
          69 20 Reuter TOKYO The Tokyo metropolitan government, Japan's largest municipal bond issuer, said yesterday it would privately issue a total of 170 billion yen (SS2.S billion) in 10-year bonds on April 25. Of the total, 21 banks in an underwriting syndicate headed by Industrial
          Reuter  -  69 words
      • Article
        Lock icon Ailing UK coal industry conies up for air and hits on open-cast sites
        342 20 Reuter ABERDARE, Wales Britain's battered coal industry is turning to open-cast sites and away from less economic deep mines as the industry faces heightened competition in the run-up to privatisation. As the number of British mines dwindles
        Reuter  -  342 words
      • Article
        Lock icon Inflation pushes up India's vegetable oil prices
        204 20 KnightRidder NEW DELHI Vegetable oil rices are firming in India's wholesale market in spite of earlier forecasts of stable prices in April-June, with traders attributing the higher prices to inflation. There is no oil shortage in India, but prices have gone up in
        Knight- Ridder  -  204 words
      • Article
        UBS to lead biggest Indon equity-linked bond issue
        181 20 SINGAPORE Singaporebased Swiss merchant bank ÜBS (East Asia) is lead-manag-ing a USSSOO million (***** million) exchangeable bond issue for Global Mark International of Indonesia, a member of the Salim group. The exercise is said to be the largest equity-linked issue offered on
        181 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        113 20 THE US dollar was lower across the board yesterday, led by a fall in US$/yen, as the market stabilised after last week's sharp rise on news of Japanese Prime Minister Morihiro Hosokawa's resignation. The US$ continued to weaken against the SS. breaking support at 1.5670
        113 words
      • Article
        Lock icon New York
        80 20 AFP NEW YORK The dollar was down against other major currencies with the exception of the pound sterling yesterday in early trading ahead of today's release of intlation figures for March. At around 9:45 pm (1345 GMT), the greenback traded at 1.7088 German marks against 1.7130 on Friday
        AFP  -  80 words
      • Article
        Lock icon London
        186 20 Bloomberg Business News LONDON The dollar fell as much as one yen as uncertainty about a resumption of US and Japanese trade talks and comments from an influential US economist prompted investors to sell dollars yesterday, traders said. The dollar was last at 103.50, down from 104.50 ven early
        Bloomberg Business News  -  186 words
      • Article
        Crude oil futures prices up, traders await fund moves
        169 20 Bloomberg ENERGY REPORT LONDON Oil futures prices in London and New York rose as some traders awaited fresh moves by commodity funds yesterday, brokers said. "There was nothing really behind the modest strength," a broker with Smith Barney Shearson in London
        169 words
      • Article, Illustration
        Untitled
        1556 20 index caktifohxl attains S j»<re hip 14 iradinti /tannerx Ba\e year IVSf US$/S$ forward rates Noon Apr 11 ss ■M Oder 1-month 1.5659 1.5674 2-month ***** 1 5674 3-month 1.5659 1.5674 6-month ***** 1 5680 Source: OCBC FOREIGN CURRENCY NOTE RATES As at Im aa Apr 11: Singapore dollars to
        1,556 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Japanese govt bonds weaken
        1294 21 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended lower in choppy trade yesterday. Euroyen fell sharply in the early afternoon on stop-loss selling after breaking support at some levels, dealers said. "The fundamentals just don't support those levels," said a dealer with a Japanese commission
        Reuter  -  1,294 words
      • Article
        Singapore rubber futures drift lower
        577 21 commootty reports Tta SINGAPORE: Afternoon rubber futures drifted lower on profit-taking and amid a weaker Tokyo market yesterday. Brokers said they expect to see further price correction as dealers with long positions reduced their holdings. Only nearby TSR2O futures continued to hold steady as Indonesian
        577 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Australian cotton quality improves
          94 21 SYDNEY Australian cotton yields and fibre quality for the 1994 harvest have improved as picking continues, according to Australian traders. Traders said picking is about 20-30 per cent completed. with most crop estimates ranging between 1.2 and 1.3 million bales. Cotton Trading Corporation grower services manager
          94 words
        • Article
          Aluminium premiums to peak soon
          108 21 TAIPEI Local premiums for aluminium that have lifted prices by about (JSS2O a tonne since January are expected to peak soon as more metal is made available to consumers here. Premiums over the current LME price have swollen to approximately USS7O to USSBO a tonne.
          108 words
        • Article
          Taiwan copper buying seen steady
          84 21 TAIPEI Long-term contract buying of copper is expected to remain steady in the second quarter:' owing to unchanged demand from Taiwan's db-, mestic wire and cable manufacturers and rising premiums for metal for immediate delivery whicfe are sidelining spot buyers, traders say. Premiums are added
          84 words
        • Article
          Opec March crude oil output higher
          63 21 LONDON Opec crude oil production rose by'a sizable 230.000 barrels per day to reach 24.99 million barrels per day in March, compared with** 24.76 million bpd in February, the Cyprus-based weekly newsletter Middle East Economic Sunvy, reported yesterday. MEES's estimate of March Opec output
          63 words
    • Article
      COMMODITY PRICES
      1398 21 Rubber Siitgapw* CmMMy Exdunfi (Mm dMiag m at lpai) IBS 1 C—trad (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 94 I 146.00 2.200 Jun 146.75 146.75 146.7$ 100 6.400 Jul 149.50 147.50 147.25 550 1.525 Aug 149.50 148.00 147.75 650 1.525 Sep 150.00
      1,398 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1203 22 -6 SHARES on the Australian stock exchange closed lower on one of the quietest trading days of the year yesterday, with investors cautious ahead of US economic statistics to be released this week. The leading market indicator, the All Ordinaries index, generally tracked the futures market during the session.
        1,203 words
      • Article
        Manila
        580 22 +5.49 Share prices ended marginally higher on late buying of blue chip San Miguel Corp after a slow start due to the drop of Philippine Long Distance Telephone Co in New York. The composite index at the Philippine Stock Exchange climbed by 5.49 points to close at 2,643.08. Analysts
        580 words
      • Article
        Taipei
        549 22 -77.36 Taiwan stocks reversed early gains and ended sharply lower on heavy profit-taking in banking stocks before the close. The index ended 77.36 points, or 1.4 per cent down, at an intra-session low of 5,488.48. Turnover was NT551.55 billion against NT552.5 billion in Saturday's shortened session. Heavy profit-taking in
        549 words
      • Article
        Seoul
        419 22 11.05 Shares rose for the sixth session in a row in moderate trading as early gains overshadowed afternoon profit-taking, brokers said. The composite index closed 11.OS points higher at 894.47. Stocks with business bases in provincial cities maintained early gains. The government announced on Saturday a plan to allow
        419 words
      • Article
        New Zealand
        298 22 -7.97 The New Zealand share market meandered to a mildly weaker close after a day of quiet, rangebound trade. The NZSE-40 capital index closed at 2,123.70, down 7.97 points, after trading within a 10point range throughout the day. Volume was a thin NZS33 million, reflecting a day when
        298 words
    • WORLD STOCK MARKETS
      • Article
        London
        705 22 +28.6 Share prices closed firm yesterday, helped by advances in FTSE futures, gilts and German Bunds against the background of robust gains on continental European bourses. Although sentiment in London seemed to have turned more bullish, share prices rises were not accompanied by a significant weight of buying interest.
        705 words
      • Article
        Stockholm
        135 22 +0.89pc Swedish shares ended the day higher in line with Europe and on lower debt market yields. Trade was quiet with foreign buying interest, dealers said. "Europe looks strong and there is perhaps room for a German key rate cut later in the week," a dealer said, adding a
        135 words
      • Article
        Frankfurt
        169 22 •1.66 German post-bourse share prices were little changed from the floor close, with firm bund futures prices propping the market, dealers said. Prices were seen stable in low volume and taking cue from debt markets. The IBIS DAX index was at 2,223.67, down 1.66 points from DAX bourse close
        169 words
      • Article
        Brussels
        142 22 +5.17 Belgian stocks and bonds rose as investors speculated that central bank interest rates in Europe will keep falling, analysts said. The Bel-20 Index of Belgian stocks climbed 5.17 points, or 0.35 per cent, to 1,486.91, the sixth consecutive advance. The yield on the 10-year benchmark dropped three basis
        142 words
      • Article
        Milan
        150 22 +408 Italian stocks rose more than 3 per cent, lifted by expectations Italy will soon have a government in place. Stocks also got a boost from expectations of lower interest rates and from purchases by cash-rich Italian investment funds, analysts said. The Italian stock market's Mibtel Index rose 408
        150 words
      • Article
        Amsterdam
        235 22 +1.71pc Professional short-covering and strong options-related demand ahead of Friday's expiry combined with hopes of a Bundesbank rate cut to sweep Dutch shares to a sharply higher close. Dealers, who had expected US weakness at the end of last week to depress stocks here, expressed surprise. The AEX index
        235 words
      • Article
        Zurich
        231 22 +2.15 Swiss shares closed higher but the market cased slightly compared with its midsession level, dealers said. Good demand in Nestle and ÜBS kept the index up. The broad SPI ended up 2.15 points at 1,848.13, with the day's high at 1,853.31. The blue-chip SMI closed up 10.6 points
        231 words
      • Article
        Johannesburg
        290 22 +24 South African shares finished mostly higher as the market reactcd to weakness in the financial and commercial rands, dealers said. But they said sentiment was confused and any finrand strength would drag prices lower. The overall index was up 57 at 5,009. The industrial index finished 24 points
        290 words
      • Article
        Toronto
        290 22 -10.8 Toronto stocks slipped at noon along with the Canadian dollar and bonds with traders reporting dull trade as the market awaits US da- ta. The TSE 300 composite index was down 10.80 at midday at 4,316.61 in volume of 21.38 million shares valued at C 5267.76 million. Declines
        290 words
      • Article
        New York
        842 22 +20.22 Blue-chip stocks rose sharply yesterday, propelled by optimism that the market may be finishing up its downward correction of the last two weeks. The Dow Jones Industrial Average was up 20.22 points at 3,694.48 at I pm EDT. In the broader market, advancing issues led declines by
        842 words
      • Article
        Untitled
        682 22 Britannia Funds Mrriiag ask Mi Offer Mini jp rVpoMl M MOO U 6500 Mini trnrx (.it AIIN1 OIWJ Mim Max Imumo *0«»7oo »l 0100 USSCmII Ihuw HHn Fund 4*100 10 4700 PS S Rome Fund 5 2500 5 >00 Sferllac MT Fun. lYrtomuiK* 0.4542 0 44U Far Em Fund 7650
        682 words
    • Article, Illustration
      Lock icon HONGKONG
      2986 23 Bloomberg Business News HONGKONG Slocks were higher yesterday as investors bought shares that have fallen to attractively low levels. Trading and real estate conglomerate Hutchison Whampoa and real estate company Cheung Kong led the market higher. "Some investors looked for good value in the market in their first trading
      Bloomberg Business News; Source: Bridge Info  -  2,986 words
    • Article, Illustration
      CHINA
      199 23 The CLSA Chiaa market report was aot available yesterday. Prices paMbbed here are from Thursday's closing. HOCES Ayr I CW (kutr %€>» l\\ Ml < h.fu I *2701 *fci 41 I LSI 4 h»u B I "Ml IIMMkiuhi I I 114 44 4H4 I in < 1S\ Mvn/K-n H
      199 words
    • Article, Illustration
      Lock icon TOKYO
      2539 23 Bloomberg Business News TOKYO Stocks closed mixed yesterday as investors awaited concrete news on the formation of a new Cabinet in the wake of Prime Minister Morihiro Hosokawa's resignation on Friday. Foreign investors see the resignation as a catalyst to speed the passage of the budget for this fiscal
      Bloomberg Business News; Source: Bridge Info  -  2,539 words
    • Article, Illustration
      Lock icon BANGKOK
      1733 23 Reuter BANGKOK Thai stocks closed higher yesterday after a bout of late-session bargainhunting ahead of a three-day national holiday from today, brokers said. The SET Index closed up 11.26 points at 1.235.26 on the lowest turnover of the year at 2.1 billion baht. breaking the previous record of 2.3
      Reuter; Source: Bridge Info  -  1,733 words
    • Article, Illustration
      Lock icon JAKARTA
      1179 23 Bloomberg Business News JAKARTA Indonesian shares fell for the sixth straight day as mutual funds flooded with requests by clients seeking redemptions sold holdings to raise cash, traders said. The Composite Index fell 6.5 points, or 1.5 per cent, to close at 456.913. For each eight stocks that rose,
      Bloomberg Business News; Source: Bridge Info  -  1,179 words
    • Article
      CLOB INTERNATIONAL
      2702 24 Promct 4.935.000 Idns Hyd 50c 4.456.000 Mulpha Intl 50c 3.893.000 AMDB 50c 2.784.000 kamunling 50c 1.642.000 Johan Hldgs 50c 1.255.000 Rcnong Bhd 50c I 200.000 Lien Hoe TSK97 1.193.000 Landmarks Bhd I.I 18.000 McnangCorp 1.096.000 Muhi-Purpose 987.000 Fabcr Group 960.000 General C orp 912.000 Idns Hyd 50c 12.918.630
      2,702 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index up on institutional buying of blue chips
        5792 24 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index rose more than one per cent yesterday as institutional investors bought blue chips expected to benefit from the country's rapid economic growth, analysts said. The Kuala Lumpur Stock Exchange's Composite Index rose 11.39
        Bloomberg Business News; Source: Bridge Info  -  5,792 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7197 25 (,r Or 1993/94 Lax Vol Day Laii Qmk Di» Div YM Net M Cm High Law Coapaay Sale ("000) High L» Ba>« Srlkr Or P/E Sail MDUSIRML AND COHMERCML 1440 260 I i Acma 94} cd >15 90 9)0 945 940 950 17.5 2.1 1.9 15.1 6)14 760 220 I
        7,197 words
      • Article, Illustration
        Lock icon Foreign institutional buying sends shares soaring
        1911 26  -  By Shiv Taneja SINGAPORE Shrugging off a hesitant start yesterday, the local bourse ended the day sharply higher as foreign buying, mainly US and Japanese, dominated the afternoon session. The Straits Times Industrials Index ended the day with a gain of 63.12 points to
        Charts by Bridge Info; Source: Bloomberg  -  1,911 words
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      499 17 NEWS VALUE How today's news might affect your stotks Foreign investments shifting from S-E Asia to China, India (pg I) Not quite a zero-sum game in the long term. S'pore, HK stocks lead region's rally (pg I) just what the market needed. Positive, if only because it would wake up
      499 words
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      472 18 Unit Trusts table is on Pg 19. Dividends table has been held over. A CAIIGORr Mot's Man's Man Woman's VWI Woman I I I S» aw S5 "fcr s mS£ s m s 3T d j •«-"«—*-»r: i i i i i i i i i i i i i
      472 words
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      114 19 WESTERN SAMOA BOB■■■■■■ long term international MJJBBKI IIJ !188 companies are the most cost effective solution for your offshore company structure. Available at an effective annual cost a^so P rov offshore from as low as US$4OO companies from British Virgin Islands per annum. Bahamas Bermuda Full nominee, Cook Islands management,
      114 words
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      Page 19 Advertisements Column 2
      17 19 NT Express Worldwide MO PayaLebar Road #02-10 A-Z Building Singapore 1440 Telephone: 1800-*****22 NOT JUST FASTER, SMARTER
      17 words
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      98 20 This announcement appears as a matter of record only »i EH Brierley Investments Limited hi BIL GROUP TREASURY LIMITED (HONG KONG BRANCH) SYNDICATED TRANSFERABLE TERM LOAN FACILITY OF U5525,000,000 Guaranteed by Brierley Investments Limited Funds provided by The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch Westdeutsche Landesbank Girozentrale Arab
      98 words
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      198 21 737-1166 Make the connection through The Straits Times Classified when you're jJk looking (or if bargains or looking (or customers. Just give us CJLTA a call 737-1165 E Keppeißank of Singapore Limited ANNOUNCEMENT Foreign Shareholdings Pursuant to article 44(4) ol the Bank's Articles of Association. Keppel Bank of Singapore Limited
      198 words
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      Page 21 Advertisements Column 2
      35 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. The nuu KJ2S goffers B= the most ■r current ■FlUt o/job ■l opportunities available* Li
      35 words
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      85 22 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers
      85 words
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      449 26 I .^niTTmnmmnfnvsiTvmniTTfflßiH WHY INVEST IN HARYANA The release of this Supplement is being coincided with the Confederation of Indian Industry Proximity to Delhi India's National Capital two day visit of Mr. Bhajan Lai, Chief Minister, Haryana to The Confederation of Indian Industry (CII) is the top industry association with a
      449 words
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  • Shipping Times
    • Article
      New Thai tariff structure adds 13pc to shipping costs
      599 27 BANGKOK The Port Authority of Thailand (PAT) says the overall cost of the tariff structure of the container charge section has risen by 13 per cent over the la»t year, The Nation reported last week. Quoting Bangkok Port director, Payoongkich Chivamitr,
      599 words
    • Article
      Lock icon Promus to build riverboat casino
      138 27 Bloomberg Business News MEMPHIS, Tennessee Promus Cos said its Harrah's casino unit has received a licence from the Louisiana State Police to open a riverboat casino in Shreveport. Louisiana. The casino being built on the Red River in Shreveport is to open soon, the company
      Bloomberg Business News  -  138 words
    • Article, Illustration
      Lock icon Bangladesh starts work on its longest bridge
      339 27 Reuter SAIDABAD, Bangladesh Prime Minister Begum Khaleda Zia laid the foundation stone of Bangladesh's longest river bridge on Sunday, saying a dream was coming true. Braving scorching heat, she told thousands of Bangladeshis who gathered at the Jamuna river for the ceremony despite
      Reuter  -  339 words
    • Article
      Lock icon Sale of Blasco stalled by political infighting, management clashes
      853 27 Ukrainian shipping company faces uncertain future Seatrade Week Newsfront MOSCOW Ukraine's Black Sea Shipping Company (Blasco) is at the crossroads. Once the Soviet Union's premier ship operator, Blasco is now under a cloud, caught up in the increasingly murky political infighting
      Seatrade Week Newsfront  -  853 words
    • Article, Illustration
      Lock icon US naval yard secures deal to scrap Soviet ships
      202 27 Reuter PHILADELPHIA In a bid to preserve up to 7,000 jobs, a delegation of US congressmen said on Sunday it has obtained a contract for the Philadelphia Navy Shipyard to scrap five warships once in the former Soviet Union's fleet. "This
      Reuter  -  202 words
    • Article
      Lock icon Japan's brewers make use of ships returning from US
      366 27 Knight-Ridder TOKYO Cargo ships returning to Japan afler unloading exports in the US are seen as a boon for at least one Japan brewer, while new orders for US-made beverage cans may help reduce the trade gap between the nations, according
      Knight-Ridder  -  366 words
    • Article
      Lock icon Egypt plans to build bridge over Suez Canal
      175 27 AP PORT SAID, Egypt Egypt hopes to build a bridge over the Suez Canal modelled on San Francisco's Golden Gate, a canal official said on Sunday. Azzat Adel, director of the Suez Canal Authority, said President Hosni Mubarak would seek a 700
      AP  -  175 words
    • Article
      Lock icon US may revert to tougher version of Gibbons Bill
      331 27 Seatrade Week Newsfront NEW YORK The US may revert to an earlier, tougher, version of the Gibbons Bill following the failure of OECD talks to conclude a yard aid pact. While international trade officials were expressing hope for another round of
      Seatrade Week Newsfront  -  331 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      824 27 Page Col ABC Containerline 12 5 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line. The 9
      824 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        581 28 V«ml Vo 1 Wo Bwtti Vital Dopartoe Vessel Voy No Berth Arrival Departure JUTOftg Port KmgBe 43/94 P01A along-** 1104/1 WO Adiwit 2 M/S alongside 1204/2300 Marine P 11/04* P01A alongside 1104,1400 Apo4o freedom 16 12 04/1500 Mercurypearl 0/E P10 alongside 1204/1500 ASI 168. B 12 alongside
        581 words
      • Article
        CONTAINER SCHEDULES
        1729 28 RECEIVING OF EX ROOT FCL CONTAINERS AND LCL CARGO RECfiVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From AciSwr' U3A 13/1500 2* 11/1700 12/0659 12 0900 4 12/1200 12/1469 12/1700 Ui Pnde SO* 14/0200 IB 11/1500 *****9 11/1900
        1,729 words
    • Article
      THE SHIPPING GUIDE
      11888 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,888 words
    • Article
      SHIPPING AGENTS
      3063 41 A« Agencies Pie Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Gimp: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Busiaess Corporatioa Philippine: Calsouire Shpg A Trdg Pte Ltd (S) Ahreahirl Liner Service: Kim Shpg A Trdg (S). Albatras Sen-Air Service: Frata Shpg Pte Ltd (S). Alfred C
      3,063 words
    • Article
      COURIER SERVICES
      275 41 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Intel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswilt 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 Sen
      275 words
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      AIR FORWARDERS
      1530 41 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Acthair Singapore Tel: 542-7821 Fax: *****20. Aeroiiak Freight International Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18 Air Cargo Novo Experts Tel: 542-5454 Fax: *****06 Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
      1,530 words
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      PORT CONDITIONS
      2378 42 ALBANIA Dunes: Four vessels in port op- erating of which 1 discharging gasoline, 1 general cargo. 1 feldspar on pallets. I bagged cement, 1 vessel waiting in roads to disu charge bagged flour. ANGOLA I;. .Luanda: City quiet; port working normally with no delays reported. Lobito, Namibe: No
      2,378 words
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      CRUISE & FERRY SCHEDULES
      738 42 CRUISE FERRY SCHEDULES CRUISE SNIPS Arr Dep Name of V«sd ETA LTD Ports of Calls Port Agent Telephone No APML 12 12 Andaman Princess 0900 1700 Phuket Sin Lines lnt'1 Holdings 224-2763 Bangkok 12 12 Leisure World 1300 2015 Port Klang Lauw Sons Travel 227-8284 Cruise to Nowhere 12 12
      738 words
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      Lock icon SHIP SALES & TANKER RATES
      687 42 SHIP SALES TANKER RATES AFP DESPITE expectations that we would have a slow week, there have been a number of sales or rumours circulating, with a lot of underlying inspections etc going on. Initially the panamax bulker World Star 68,000 dwt and built 1985 was committed at about US$l5.5 million
      AFP  -  687 words
    • Article
      TRANSPORT DIARY
      290 43 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:
      290 words
    • Article
      COCKETT BUNKER MARKET REPORT
      865 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      865 words
    • Article
      DAILY FREIGHTS
      2082 43 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,228 on Friday from 1,219 on April 7. The volume of Panamax tonnage in the Atlantic is shrinking rapidly with rates still rising, brokers said. Deutsche Continental fixed two vessels for east coast South American round
      2,082 words
    • Article, Illustration
      Lock icon ISMA: voice of the industry
      810 44 The International Ship Managers' Association, set up in 1991, has sought to raise the professional profile of the shipmanagement sector and maintain high standards for shipmanagement and operation Lloyd's List Shipmanagement THE THIRD party shipmanagement sector gained a common voice in 1991 with the creation
      Lloyd's List Shipmanagement  -  810 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon US truckers' strike will have only small effect on economy: experts
        726 46 NYT CHICAGO The American economy is likely to cope well with even a lengthy conflict between the Teamsters union and the 22 trucking companies it is striking with, transportation experts and business executives say. Since the 75,000 truckers walked
        NYT  -  726 words
      • Article
        Lock icon China to limit foreign car assembly
        321 46 UPI BEIJING In a move to bolster its domestic car industry, China confirmed on Sunday that it would limit foreign car assembly plants for the next three years, an official newspaper reported. The government recently approved a plan floated late last year that would
        UPI  -  321 words
      • Article
        Lock icon Higher rates no threat to US car industry: analysts
        454 46 NYT NEW YORK Are rising interest rates a threat to car sales and automakers' earnings? Not yet, in the view of Wall Street analysts, dealers and auto executives. The increases spurred by the Federal Reserve so far have not deterred buyers,
        NYT  -  454 words
      • Article, Illustration
        Lock icon Rent-a-Ziosk
        52 46 Reuter MINNEAPOLIS A traveller uses one of eight Ziosks located in various concourses of the St Paul International Airport last Saturday. The private rooms are rentable by the hour and contain phones with computer access, TV, air-conditioning, sofa, fax and alarm dock. Iliey are used for travel business and
        Reuter  -  52 words
      • Article
        Lock icon Vietnam Airlines to fly to Japan
        165 46 AFP HANOI Vietnam Airlines is to begin regular flights to Japan but will fly to the new Kansai Airport in Osaka after being refused permission to use Tokyo's crowded Narita Airport. a report said on Sunday. Aviation officials from the two countries have agreed
        AFP  -  165 words
      • Article
        Philippine auto firm to build bus bodies for export
        176 46 SINGAPORE A Philippine firm which assembles Volvo cars will build an US$B.7-mil-lion (5513.7 million) bus body factory near Manila. Scandinavian Motors Corp (SMC) plans to produce 600 bodies a year for export to Taiwan, Vietnam, Hongkong and Malaysia. They will be
        176 words
      • LOG BOOK
        • Article
          Lock icon S Korean barge operators delay strike
          112 46 Knight-Ridder SEOUL South Korea Tanker Association president Kim Yong Soo yesterday said that South Korea's independent barge operators will wait until Friday for a response from barge agents before going on a full-scale strike. A statement sent on April 1 by the association to
          Knight-Ridder  -  112 words
        • Article
          Lock icon BA to stop flights to Yemen
          104 46 Reuter LONDON British Airways said on Sunday it was halting its twice-weekly flights to Yemen because of political uncertainty in the country and a steep decline in demand to travel there. British Airways resumed its flights every Tuesday and Saturday to Yemen just six
          Reuter  -  104 words
        • Article
          Lock icon P&O in channel rail-link bid
          109 46 Reuter LONDON Cross Channel ferry operator P&O is forming a consortium to build the £2.7 billion (556.2 billion) rail link between the Channel tunnel exit in Kent and London, the Independent on Sunday newspaper reported. The group, chaired by Lord Sterling, is already backing a
          Reuter  -  109 words
        • Article
          Lock icon BAe sues Raytheon on jet deal
          86 46 Reuter LONDON British Aerospace has issued a High Court writ against US aerospace company Raytheon, the latest hitch to a £250 million business jet deal still not closed after nine months, the Sunday limes paper reported. BAe's action is believed to be aimed at
          Reuter  -  86 words
        • Article
          Lock icon Japan, S Korea begin aviation talks
          98 46 Bernama-Kyodo SEOUL Japan and South Korea began three days of civil aviation talks yesterday, aiming to increase flights between the two countries and open new routes. Japanese officials have said the talks will focus on South Korean Airlines' access to Kansai International Airport in
          Bernama-Kyodo  -  98 words
      • Article
        Lock icon Jordan to bail out national airline
        161 46 AP AMMAN, Jordan The government plans to bail out the debt-ridden national air carrier, Royal Jordanian, ahead of a planned privatisation, a newspaper said on Sunday. Jordan will stock up the state-owned airline's capital to 57 million dinars (SSI2B million) from 22 million dinars,
        AP  -  161 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1718 46 «t nm ct» w*t UL nw« eta n» Abu MuM GA893 1835 GA984 2340 SQ428 2315 GA974 2350 ME633 2355 UtVt QF81 1925 QF82 2055 Dirt— SQ406 0115 SQ228 2120 Frankfurt SQ25 0645 SQ326 2230 AlMtartai KL831 0935 KL844 0035 LH772 1555 QF5 2235 GA893 1835
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      9 27 If you want it therej yesterday, mgigJKlgg us today*
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      Page 27 Advertisements Column 2
      40 27 j&m+Rr M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALL: *****00 ISMA: voice of industry, Page 18 tUS trackers 1 strike won't hurt economy, Back Page Ums mi mtvlcm nifimtrt gggjssaasS^ For advertising enquiries, contact Shipping Timet: Tel 740-2089/740-2090
      40 words
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      Page 28 Advertisements Column 1
      436 28 *1111 *****1.1 y 11..... 1.11 1.. 1.1 IJI.. -."W *wr»j SWW .....VJJW TSKUNE AGENCIES (S) PTE. LTD. j AsgmgA rI 1 |7 V ¥mrp Tel: 226-3363 j HfIHM J. t3f|\t JLEMJC# Fax: 226-1972/3 -7 Tlx: RS *****/TSKSIN. qggpg? TOKYO SENRAKU KAISHA, LTD. CR No: **********0N I II 6o* WL. ili..Jjlfc"
      436 words
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      Page 28 Advertisements Column 2
      1545 28 P**f PT TO FWT WftfT ttW-ffOTi SAMPMIHA iff Mill TO MIT MBHTWAH ffVU PQHfIyHB HPtMt I JOB HL M II an m «i I n lioktm* naa wr«o m oaooetti mar bthm* unr amr nur oemt* latum* mm ubCALtfORMA MERCURT (0 13 14 4 30 4 25 44 5 4
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      2317 29 OOCL <•> LTD JAMMNC SHIPPING AGENCIES TEL' *****13 FAX" *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 <INWARD)/*****90 (OUTWARD) T f^,S2?,Vtf£ X i 2 ®5? 1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 c CUSTOMER SVC TEL: *****92/*****91/*****93 n, KEPPEL DISTRIPARK BLK 513 #01-128 JOHOR BAHRU TEL:
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      Page 29 Advertisements Column 2
      1914 29 FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS LONDON MS V.9406 ETA SIN 17TH APRIL 94 TOR BAY V.5766 ETA SIN 19TH APRIL 94 VMM Voy ETA ETD Fetdexd by destinations tim mat maqleby MAERSK v 940« imnamnw—SWHEHWW cv 19/04 wo mrs CFS 18/04 2369 MRS JOH LPK PEN OAK LOB SFO MEM ATL
      1,914 words
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      1553 30 AQABA R OAM/ LE ALSO ACCEPTINO FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H BURG A WERP HAVRE W £g T MALAYSIA ELBE 21/114 13/4 30/4 3/5 2/5 Port Keiang. Penanq HANNOVER EXPRESS 19/314 16/4 25/4 2/5 4/5 7/5 9/5 11/5 Pasir Gudang THAMES 22/115 20/4 7/5 10/5
      1,553 words
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      645 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd.. Sole Foreign Forwarder in Kabul for all services C.I.S.- Voslochny, Vladivostok, Moscow. Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam e Mongolia a Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN PKR CGM Korrigan V 2094 13/4 09/5
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      Page 30 Advertisements Column 3
      1208 30 NORASIA LHA I NORASIA SUN 9414-3 15/04 06/05 09/05 10/05 11/05 12/05 13/05 14/05 IS/05 15/05 I NORASIA PEARL 9415-3 20/04 11/05 14/05 15/05 16/05 17/05 11/05 19/05 20/05 20/05 I NORASIA PRINCESS 9416 3 27/04 11/05 21/05 22/05 23/05 24/05 25/05 26/05 27/05 27/06 I SEA BREE2E 417W 05/05
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      1950 31 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 MsMIIM Mhtft new guinea pacific line jqUgg (A SERVICE OF CHINA NAVIGATION CO) CARGO Dili SAAS 52*1? VtHIURt V"* I* I*'1*' Llb 1415 *P» 16 Apr 17 Apr FCI. LCI CONTAINER AND BREAKBULK
      1,950 words
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      Page 31 Advertisements Column 2
      3056 31 SINGAPORE AGENT: IMu| 1 AfltQlflAfC p AO Containers (Singapore Agencies) Pte Ltd X M\/ vlllQAllVX 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT *E»««L VOY -PNG °PKQ MM SOU ANT ROT HAM
      3,056 words
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      610 32 4§rik eka jaya agencies TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES M CHARGE pio cm mm city paqeb hampphoi*/o«ect MtWBT HOf iHWH 717M»»4WM KELVIN CHAW HUBS sassmusaaß MAMH IIWH liwm Yd VIEtNAM/HfcM<b —K-cSStZS^PEEBET «wy*ce SKlcm® CENTER-POINT S \M 7 LINES *aa win* stwi hot n> hcmc MLBUK 1121_ JiM
      610 words
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      1433 32 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- 3 j*****-233 DOCUMENT TEL: *****71-275 fdr*v im Ilkhaui m nm mm I sn lukhmi m u mc HMUN BREMEN 011E 15 4 OMECT 5/5 «/5 7/5 HMM BREMEN 011E 15/4 M. EIMPE 01X 19/5 20/5 22/5 HANJM HONGKONG 044E
      1,433 words
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      Page 32 Advertisements Column 3
      1406 32 MiW ziU zl -Irl -I d d J FB ct U! w *1 IS Ki as no [U ac Ml mcim m n w w pg en n w L 081 W045 12/4 14/4 11/4 20/4 22/4 25/4 K/4 27/4 21/4 21/4 30/4 11/5 24H H i 27/5 7/t t/t
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      2308 33 SCX: 'CALIFORNIA MERCURY 60E' ETA SGP 13/04/94 II II I ARRIVING LOS ANGELES 30/04/94 IN 16 DAYS HI II S3 I AEX: 'NEPTUNE LAZULI 06E' ETA SGP 13/04/94 HI II ARRIVING NEW YORK 07/05/94 IN 23 DAYS HI HI H *«1 C—dll CdHwnto Pipim loy 21 ki MS 23/04/S4 I
      2,308 words
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      Page 33 Advertisements Column 2
      1235 33 A I MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 yZZZ=\ BOOKINGS: *****64, *****51, *****31, *****13 > BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 ,4k BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59
      1,235 words
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      1329 34 44 AS AGENTS "K" LMK (SM6APQK) PTE LTD (O Hh *****7300MM/CST REG NO: M2-*****W4) K yy TEL *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W W Wj* MALAYSIA "K" LIS MAJUTMI (MALAYSIA) SON MO m TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SAIAHA LAUT WIBHWSA.
      1,329 words
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      Page 34 Advertisements Column 2
      1062 34 @APPENSHIP (Q); HAMBURG vTV CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EABT VESSELS LOADING PORTS nSCHMCE/MMDMG FOR SUMMER HAM 30/04 SPORE 29/04. BKK FRUITION KLA 28/03 ANT 05/04 SPORE 05/05 BKK LORELEV HAM 23/03 ANT 28/03 SPORE 14/05 BKK. LAEM KOALA CONTAINER LINE STORE FIX HAM
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      929 35 PACIFIC INTERNATIONAL LINES (PTE) LTDN 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO *****6 *****1 I VESSEL VOY SM CMS J» JED AQJ ADE HOO KU ASA I KOTA BERANI BRNOOI 15/4 20/4 27/4 2/5 17/5 23/4 20/5 24/5 I KOTA BERK AT BKTOO9 14/4 23/4 25/4
      929 words
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      Page 35 Advertisements Column 2
      1050 35 wsscis wt tm u mm ha>W6 tharks »OTTt»OMi Antwerp m TITANA TO3W 12/04 04/05 00/05 07/05 00/05 10/05 Will DC TUCANA UO3W 10/04 11/05 13/05 14/05 15/05 17/05 HAUSA RQ3W 30/04 22/05 24/05 25/05 20/05 21/05 WLLE Dt HMO CO3W 05/05 20/05 20 05 20/05 30/05 01/00 •ALSO MOPING CARGO
      1,050 words
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      Page 35 Advertisements Column 3
      416 35 I BSfl iiT M MYANMA Vflßßk FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gd( WUVAI HUDHU Vl* In Port HPA AN N2OIW hi Port PAGAN V2O9W 15/17 Apr MALAYSIA AGENTS BOUSTEAD SHTPNG AGENCCS «l TO. 03-*****00 PM.: TEL 03 -30M767 rat m 04
      416 words
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      3320 38 SIMGArOKES GENENAL AGENTS MUTUn ggg I I I I COSTUK SHIPPING PTE LTD Ckaag Ckito Skim* SSa SM 2 MM KMC BUg *15-90 Siaf*on 0207 Mjm Lioe: Port Kttoag 36* 9106 C« NO: ********** M UCR NO: CCSV Kaalt Lamm 03 241 4616 r A t"V TT-I TA MAIN UME:
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      Page 38 Advertisements Column 2
      180 38 TO AUSTRALIA/NEW ZEALAND s» few M«> I Sr< I *uO r Ch+m MTNUKN 37SM 1575 74/4 77/4 CLIIM HUM 3K 1573" 73/« M/ 4 7/5 7/5 BMBStI 377 sTi 17/5 17/5 20/5 75/5 »/> MMTHA J2« 74/5 «7« SX" 14/4 17/4 VU MJCKLMC TO USA/CANADA *SL sin Grftport Chjrtettan PMidriphj
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      Page 39 Advertisements Column 1
      602 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 17/4 ROTTERDAM 17/4 AARHUS/COPENHAGEN 17/4 HAMBURG/BREMEN 17/4 MARSEILLE/FRANCE 19/4 FELIXSTOWE/UK 17/4 BARCELONA/SPAIN 18/4 LEHAVRE/FRANCE 18/4 GENOA/ITALY 18/4 ANTWERP/BELGIUM 18/4 LOS ANGELES/WC/PI 17/4 SYDNEY/MELBOURNE 14/4 NEW YORK/EC 17/4 FREMANTLE/ADELADE 15/4 VANCOUVER 15/4 BRISBANE
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      Page 39 Advertisements Column 2
      1497 39 |vEw«- I voY I t J I Ty__taW Sat 18/4_ SUWQA SEWOJA4BBI ~Thii 14/4 11 W/F VtMa VOY sm BKK ISWA BHUM «l Fri 15/4 lu> 18/4 THAHrt BHUM 37N fri IS/4~ Tin 17/4 m XETHA BHUM 43N Tut In W~ fri IS/4~ BHATWA HUM 258 81 W/4 Tin It/4
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      1532 40 MAO-mtt Mom. saoaoa p* umm) pJ V V 'MM«MM MBU (034) *****9 KUCHMQ (CMS) *****3 I PCNANO: (OgJBNKft BANGKOK (MS) *****67 MANIA (632) *****31 PJCRAHGMW *****77 JAKARTA; (21)*****07 SURABAYA: (31) *****0 I HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN I 13/4 14/4 15/4 Hong Kong Gonoa/Barcoiona
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      Page 40 Advertisements Column 2
      212 40 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD tU ll* ll* VOK rati ULMK rows UiH 20 4 I//4 loading lot Malt WVM NUDHU 28 4 Dtsthargmg and Uadnn tor Bombay DOWN 20 4 Loading Foi Mate moil sure mi is 4 Loading For Mate —an 11.4 Loading Fo>
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      Page 40 Advertisements Column 3
      1029 40 [JL THONG SOON LINES PTE LTD 1 I 71 SHENTON NAY #10-01, SMGAPORE 0207 I I Vjr TEL 227-50 M FAX: 227-6011 I I TU: RS ***** CARftER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK rasa m s pore iest «ssa m stue dcst EQUATOR ROYAL 99/4E 14
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      Page 42 Advertisements Column 1
      39 42 II II BIMI/i'l'llll'ijlil 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 Minccu Singapore Pr**s HoUktgt
      39 words
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      Page 43 Advertisements Column 1
      45 43 ocnwl f Maybe gafc charge,-this 1 V OFETOkJ asastait Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday times Business Times The New Paper Lianhe Zaobao Lianhe wanbao Shin Min Daily News Berita harian berita Minggu Singapore Press Hotdinqs
      45 words
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      Page 43 Advertisements Column 2
      12 43 PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times
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      461 44 WORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SWGAPORE MANILA VIGOUR LUZON 9416N 15/04 (FRI) 23/04 (SAT) VIGOUR LUZON Stifitil 18/04 (MOW) 23/04 (SAT) VKOVW PACfIC 9417N 22/04 (FRI) 26/04 (TUE) D Y MWCAY PERMOVAJSK opyn rtm "PtlffiS FIA.i^CONTAINER SERVICE VESSEL VOYAGE SINGAPORE GENERAL SANTOS CEBU NKOLAY MOROZOV 9416E 19/04 (TUE)
      461 words
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      Page 44 Advertisements Column 2
      325 44 [_-,~$<$!(<[+(~*>/%'>&<})]|%~\, PT BAHARI HALUAN SAMUDERA Weekly COMMON FEEDER SERVICE VESSEL VOT mgm TOUT KELAH6 BELAWAJI TAMBANG Vltl 1019 25 26/04 29 30/04 TAMBANG Vl* 1020 02 03/05 06 07/05 aOOfCSMN NAYPORT 1) MKAKTA-KLAWAN-lAKMTA 2) IAKAftTA-PANJANG-MKAftTA-SaMftANG-SURABATA-SEMARANG-jAKAItTA ORIENT FREIGHT SERVICES PTE LTD M 163 TRAS STREET #10-08 V UAN HUAT BUILDING STORE
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      Page 44 Advertisements Column 3
      19 44 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. Businessßmes
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      Page 44 Miscellaneous Column 1
      710 44 I 111 H"i"l V|b I IV TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 I>oo 1900 2000 2100 2200 2300 < JR 29 2.7 2.3 1 7 1.1 0.7 0.5 0.5 0.7 1.1 1.1
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      Page 45 Advertisements Column 1
      826 45 ▲HYUNDAII MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PWO* PKE* PCD* VESSaS VOY SIN RTM ANT* LEH* HAM BREt I FEL 13/04 15/04 11/04 H. PKHCER 308* 18/04 06/05 07/05 09/05 07/05 07/05 10/05 20/04 22/04 23/04 H PRONTO 310W 25/04 13/05 14/05 16/05 14/05 14/05 17/05 27/04
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      Page 45 Advertisements Column 2
      490 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssu w st n rk u mms mm wso an u/« i?/i TIMS MTO VII IT/I ru UST MIT VII 13/4 IS 4 COSMIC TUMI VIS IS/I II Ml SUM VII 21/ I M/l l/S MM SIM HOC HI
      490 words
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      Page 45 Advertisements Column 3
      1023 45 KSSEI VOY 'SWETA/P LAX OAK Qi DAL MEM/COL HOU NYC NOR ALLIGATOR PRBE 504 14-15/04 01/05 03/05 04/05 05/05 05/05 08/05 06/05 07/05 HDWV WJOSON BRPGE 74A 21-22/04 01/05 10/05 11/05 12/05 12/05 13/05 13/05 14/05 AUJ6ATOR VICTORY 52A 2S-29/04 15/05 17/05 IS/05 19/05 19/05 20/05 20/05 21/05 MACKWAC BRPGE
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