The Business Times, 14 April 1994

Microfilm: NL19091
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Thursday April 14 1994 75«
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 38 points
      49 1 Reuter NEW YORK Wall Street stocks moved lower in early afternoon trading yesterday. At 2pm EDT, the Dow Jones industrial average was down 38.07 points at 3,643.62. Analysts said investors were cautious ahead of tomorrow's March US industrial production and capacity utilisation data. Reuter
      Reuter  -  49 words
    • Article
      Lock icon US in public contracts accord with EU
      57 1 Bloomberg Business News MARRAKESH The United States and the European Union last night reached agreement on mutual access to public procurement contracts in each other's territories. No details were immediately available but an official said agreement was reached between US Trade Representative Mickey
      Bloomberg Business News  -  57 words
  • Article
    MARKET SUMMARY
    163 1 Stock market indices Wednesday Change STII 2,231.66 -2 KLSEComp 1,029.45 +4.63 Nikkei 20,060.41 +412.08 Hang Sens 9,753.76 +15.67 SET Index closed Jakarta Comp 462.61 +5.7 CLSA China B 973.16 -11.08 Aust All Ord 2,114.8 +19.7 FTSE 100 3,145.8 -13.3 Wednesday Previous 2 pm dose Dow Jones 3,643.62 3,681.69
    163 words
  • Article
    Sembawang Group signs 2 deals with major German firms
    550 1  -  From Walton Morais in BONN VISITING Prime Minister Goh Chok Tong's effort to foster closer cooperation between Singapore and European business was underlined yesterday by the signing by the Sembawang Group of two business deals with major German companies to tap
    550 words
  • Article, Illustration
    Singapore furniture park takes shape in China
    248 1  -  By Yong Pow Ang SINGAPORE The Singapore Furniture Park in China is taking shape, with the first factory expected to start operating early next year. The park, at Kunshan. 55km from Shanghai, will house 19 Singaporean furniture makers which have paid a total
    248 words
  • Article
    Liem to use Indofood as vehicle for sugar venture with Kuok
    373 1  -  By Conrad Rag SINGAPORE Indonesia's wealthiest Chinese businessman. Liem Sioe Liong. will use PT Indofood Sukses Makmur as his vehicle for a joint venture in South Sumatra with Malaysia's Robert Kuok to create one of the largest sugar empires
    373 words
  • Article
    Lock icon Take a bet on a British minister
    184 1 Reuter LONDON British financialmarket dealers, well-used to betting on horses and dogs, have turned their gambling instincts to Britain's political elite. Bookmakers IG Index started a gamblers' book this week on the survival and promotion prospects of the British Cabinet, with punters able
    Reuter  -  184 words
  • Article, Illustration
    Dynasty to close for six months
    519 1  -  Hotel to reopen after renovation following settlement of family feud By Abdul Hadhi SINGAPORE The landmark Dynasty Hotel, owned by the wealthy Tang family, will close in June for about six months for extensive renovations following a settlement of a bitter family feud. The
    519 words
  • Article, Illustration
    Lock icon Regional bourses pause; Tokyo soars
    396 1  -  By Paul Leo SINGAPORE Regional bourses paused for breath yesterday after two heady days while the reverse happened in Tokyo. In Singapore, the Straits Times Industrials Index opened on follow-through demand for blue chips by institutional investors. But a late afternoon trimming of positions by
    Source: Bridge Info  -  396 words
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      171 1 j Bu rberrys i c/ I > 'j Reigns when it pours <\ I CONTENTS STpore News 2 Ipw'ww" 19.20.22 leponal News 3.4.6 Financial 23.24 World News 7.8 fidpii Markets Analysts 17 CWj/KLSE. StS 2*30 Editorial 16 Regional 26 Sports 9 World 27 TV/Litetyte 13 Currencies .24 Innovation 14 Simei/Commo
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      7 1 Innovation: Pg 14 Excels laser sharp deal
      7 words
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      24 1 Av Hock Lock Siew: pg n fcy Bigger deals ahead for EcX? Allow mortgagor the leeway to sell property, says Singapore court, Page 15
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      Page 1 Advertisements Column 4
      41 1 The Bottom Line: Pg ix —I A tale of two leaders @@|,`<"/{*-%=/_,%?[\/([\_>^*}<> Full reports. Pages 26-30 Tokyo ibarket warms to news that Hata is in the lead, Pg 18 R* V -V I' l l asl c world, fact' the t hallrin;r
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Manufacturing's electricity usage
        260 2  -  By Teh Hooi Ling ELECTRICITY consumption by the manufacturing sector surged 30 per cent in January to 687.4 million kilowatt hours (kwh), the latest data from the Public Utilities Board shows. For the whole of that month, 1.65 trillion kwh of electricity was generated by the PUB.
        Source: PUB  -  260 words
    • Article
      S'pore Post, German firm form print service
      135 2 SINGAPORE Singapore Post has tied up with a German multinational to set up a print bureau offering electronic printing services. Singapore Post's partner is Siemens Nixdorf Informationssysteme AG. A joint venture agreement was signed earlier this week. Singapore Post said yesterday services «to
      135 words
    • Article, Illustration
      Lock icon Aiwa sets up second plant in Johor, plans regional push
      393 2  -  By Claire Leow CONSUMER electronics giant Aiwa Co Ltd of Japan has sunk US$45 million (SS7O million) into a second plant in Johor Baru which will double its Malaysian output to US$BOO million this year. Aiwa already has one 18,600
      Photo by Chris Loh  -  393 words
    • Article
      Engineer says he could have taken more precautions
      413 2  -  British Adventure inquiry By Dexter Lee A JURONG SHIPYARD engineer yesterday conceded during a hearing into the flash fire that claimed 10 lives on the tanker British Adventure that he could have taken extra precautions. Hpone Naing agreed with assessor Teh Kong
      413 words
    • Article
      Grandlink takes lead role in developing Qingdao township
      437 2  -  By A J Leow LOCAL property developer Grandlink has taken on the lead role in the development of an ambitious new township project in China's northern coastal city of Qingdao. The group will over the weekend launch the first phase of the
      437 words
    • Article
      Software firm implements GST for hotels
      259 2 HOTEL Information Systems (HIS), a worldwide software and services provider focusing on the hospitality industry, yesterday announced the successful implementation of GST for its clients in Singapore. GST has been in effect since April I. HIS' role is to assist the hotel industry in
      259 words
    • Article
      Unilever unit aims for East Asian sales of $1b
      191 2 SINGAPORE An international supplier of hygiene systems has set its sights on an annual business of Si billion in the region over the next few years. "The Asean markets alone are a potential $400 million business," says Ray Jones, the general
      191 words
    • NEWS ROUNDUP
      • Article
        NTUC Income offers loans to hawkers
        86 2 NTUC Income is offering loans to hawkers to enable them to buy their stalls. The loans cover up to 75 per cent of the market value of the stalls. As these stalls are offered to hawkers at a discount of up to 30 per
        86 words
      • Article
        Upgrading gets nod at Taman Jurong
        55 2 ABOUT 92 per cent of flat owners in Taman Jurong had agreed to have their precinct upgraded. Four blocks in the area Blk 111 to 114 will have additional space for a kitchen extension and a storeroom. Construction will start early next year and
        55 words
      • Article
        Tradewinds moves to Pidemco Centre
        46 2 TRADEWINDS Tours Travel Pte Ltd has moved its head office to Pidemco Centre from SIA Building. The company recently signed a four-year lease with Pidemco to take up more than 1.500 sq m of floor space in the newly retrofitted building.
        46 words
      • Article
        Post offices selling pre-paid envelopes
        65 2 ALL POST offices and the Philatelic Bureau here will sell prepaid envelopes from tomorrow. With these envelopes, stamps are no longer needed as postage is prepaid. But these envelopes can only be used for local posting and for mail weighing up to 20 gm These
        65 words
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      192 2 Epson Makes Business A Pleasure. EPSON r i*>u ■•I®! li*» vi Siii€» It- (po(clt k >i Iti-icl .</' Manufacture 7 _J/ oirard-Perregaux depuis 1791 (p Si ii "I si rilmtor BMi P'e I!d f>• I 737 Available t*xc hisivt'lv a! CHANOI WATCH GAI II RY Chanqi Airport rerminal 2 Tel
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Indonesia's loan scandal going to court this month
      517 3 Reuter JAKARTA Indonesia's widening multi-rrftllion-dollar loan scandal, which has snared four serving or former state bank directors, will go to court this month. "The case will be submitted to the court by the end of April. There are now six suspects and
      Reuter  -  517 words
    • Article, Illustration
      Lock icon Video game craze in Vietnam
      35 3 Reuter HANOI Vietnamese children playing video game in a family computer shop yesterday. The video games are becoming more popular in big cities and attracting a lot of youngsters. Reuter
      Reuter  -  35 words
    • Article
      Private sector urged to spend more and remain vibrant
      402 3  -  From Ho Kay Tat in KUALA LUMPUR "IT IS important to keep the private sector vibrant for it to be Malaysia's engine of growth," Ramon Navaratnam, chief executive of Bank Buruh Bhd, said yesterday when releasing the bank's monthly economic commentary.
      402 words
    • Article
      Vietnam to raise minimum wage and give workers right to strike
      432 3  -  From Harish Mehta in HO CHI MINH CITY VIETNAM plans to raise the minimum wage for workers and give them the right to strike under a new Labour Code a move that has sparked worries among foreign firms here.
      432 words
    • Article
      Lock icon Australia to open consulate in Ho Chi Minh City
      283 3 AP HANOI Prime Minister Paul Keating announced on Tuesday that Australia would open a consulate in Ho Chi Minh City, the former South Vietnamese capital of Saigon. Meanwhile, the Vietnam Ne*s Agency said Mr Keating and Communist Party secre-tary-general Do Muoi
      AP  -  283 words
    • Article
      Jakarta seeking Aussie technology to widen industry base: minister
      331 3  -  From Florence Chong in SYDNEY INDONESIA is looking to Australia for technology to widen its industrial base. Tunky Ariwibowo, Indonesia's Minister of Industry, said yesterday. He is visiting Australia to meet businessmen. "We would like Australian industry to look at manufacturing
      331 words
    • Article
      Lock icon Philippines to cut number of citizens working overseas
      155 3 Reuter MANILA The Philippines plans to reduce the number of Filipino workers in Malaysia and other countries because job opportunities at home are growing. President Fidel Ramos said yesterday. Mr Ramos's statement contradicts official statistics which show that the unemployment rate has
      Reuter  -  155 words
    • ASIA NOTES
      • Article
        Lock icon Japan to revise investment practices
        102 3 Reuter TOKYO The Japanese cabinet submitted bills to parliament to revise laws to allow Japan's Postal Life Insurance Bureau (Kampo) to use financial options and futures to hedge against its bond portfolio, an official of the Ministry of Posts and Telecommunications said. The revisions are
        Reuter  -  102 words
      • Article
        Lock icon Pakistan foreign reserves fall to $1.87b
        91 3 Reuter KARACHI Pakistan's foreign exchange reserves fell to US$l.B7 billion (552.9 billion) on April 7 from US$l.92 billion on March 31, according to figures released by the State (central) Bank of Pakistan (SBP). The SBP. which gave no reasons for the fall, said it
        Reuter  -  91 words
      • Article
        Lock icon Manila to phase out regional barter trade
        111 3 AFP MANILA The Philippines plans to phase out informal trade between its southern islands and nearby Malaysia and Indonesia within two years because of smuggling and new economic thrusts. President Fidel Ramos said yesterday. Mr Ramos told a news conference following a scandal
        AFP  -  111 words
      • Article
        Lock icon Indonesia, Bosnia open diplomatic relations
        54 3 AFP JAKARTA Indonesia and Bosnia-Herzegovina have forged diplomatic relations, foreign ministry spokesman Irawan Abidin said yesterday. Mr Abidin said the joint communique for the opening of the diplomatic ties was issued on Monday in New York by Indonesia's permanent UN representative, Nugroho Wisnumurti. and Bosnian
        AFP  -  54 words
    • Article
      Lock icon Manila to propose setting up of East Asian growth area
      142 3 AFP MANILA The Philippines is preparing a proposal for the establishment of a regional growth area comprising the northern portion of its main island Luzon, southern China. Hongkong. Taiwan and possibly Okinawa*, an official said yesterday. Economic Planning Secretary Cielito
      AFP  -  142 words
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      249 3 of somas fIWWtnKRIK NOW EVEH EASIER WITH WORE WUrBBUNB -yg- REIIREMBIT SCHEMES EMPLOYER SERVICES CPF Withdrawal 1800-*****22 CPF Contributions/Liabilities 1800-226 3877 Minimum Sum Scheme 1800 -227 9788 Employer Registration, CPF Refunds, Payment Schedules Record of Payment 1800 -227 2166 Wf Foreign Worker Levy 1800 -226 2443 ap Receipts Payments 1800
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon China blitz on fake investment
        68 4 Reuter HONGKONG China is clamping down on districts and companies which use fake foreign investors to win tax concessions and other benefits, a Beijing-funded news agency reported. From now on, all companies or areas wishing to recruit new foreign investment in Hongkong and overseas will
        Reuter  -  68 words
      • Article
        Lock icon Taiwan stiffens high-tech product rules
        65 4 AFP TAIPEI Taiwan imposed stricter rules on exports and imports of selected high-technology products yesterday, effective immediately. economic officials said. The measures were aimed at preventing military technology-involved items from being sold to or imported from "sensitive countries" such as Iraq and Syria as called
        AFP  -  65 words
      • Article
        Lock icon Chinese road deaths hit record
        105 4 UPI BEIJING Chinese road accidents killed more than 15.000 people in the first quarter of 1994. placing the country on track to break last year's record number of traffic fatalities, an official newspaper said yesterday. Statistics released by the Ministry of Public Security underline China's
        UPI  -  105 words
      • Article
        Lock icon Drought spreads in northern China
        74 4 Reuter BEIJING A serious drought is spreading across north China, with the worst hit areas being Beijing. Tianjin, Hebei and Shanxi. the Economic Daily said. It said the drought was also affecting west Henan, Liaoning. Jilin and Shaanxi and that the total affected acreage in
        Reuter  -  74 words
    • Article
      Lock icon UK House committee backs Patten's reform plan
      172 4 AP LONDON Plans by Hongkong Governor Chris Patten for democratic reform despite Chinese opposition won backing yesterday from the House of Commons' Foreign Affairs Select Committee. "To be seen to give in to China would have undermined the authority of the governor and
      AP  -  172 words
    • Article
      Lock icon Beijing unveils plan for nationwide data networks
      462 4 Reuter BEIJING China's telecoms minister yesterday unveiled plans to build two nationwide digital information networks to hasten economic construction. But Minister of Posts and Telecommunications Wu Jichuan gave no indication that Beijing would lift its ban on foreign investment in China's rapidly growing
      Reuter  -  462 words
    • Article
      Lock icon China to step up crackdown on individual income tax evaders
      407 4 Reuter BEIJING China will tighten its supervision of personal income tax collection, targeting tax evaders ranging from senior officials to foreigners to ensure the state gets what it is owed, tax officials said. The State Administration of Taxation will launch
      Reuter  -  407 words
    • Article
      Lock icon Sino-British accord on HK airport seen likely
      356 4 Knight-Ridder HONGKONG The UK and China, still divided on the prickly issue of Hongkong electoral reform, appear to be quietly progressing towards an agreement on the colony's airport, local experts say. They said the UK's fourth proposal for financing the massive HK$ 158.2
      Knight-Ridder  -  356 words
    • Article
      Lock icon Warm response to China's crucial 1994 bond sale
      299 4 AFP BEIJING China's crucial 1994 state-bond issue has been warmly received by its public, although competition from other high-yield investments has blunted sales in some areas. The China Daily yesterday quoted central People's Bank of China officials as saying the first nine
      AFP  -  299 words
    • Article, Illustration
      S'pore group buys 51pc of 50 Tianjin factories for US$60m
      489 4  -  By Schutz Lee SINGAPORE The homegrown Mcgaway Group has pumped US$6O million (SS96 million) into Tianjin for 51 per cent of the government's share in 50-odd factories in the northeastern costal province of China. Megaway's deal in Tianjin. concluded last
      489 words
    • Article, Illustration
      Lock icon Protesting against US ban on wildlife imports
      49 4 Reuter TAIPEI A Taiwanese farm owner displaying baby crocodiles outside parliament on Tuesday to protest against the US ban on imports of wildlife products from Taiwan. The ban is in retaliation for the island's illicit trade in endangered tigers and rhinoceros. Renter
      Reuter  -  49 words
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  • REST OF ASIA
    • Article
      Lock icon Japanese corporate profits likely to rise 6.8pc: Nikko Research
      363 6 Reuter TOKYO Current profits of Japan's major corporations are likely to rise 6.8 per cent in 1994/95 ending March 31, 1995, and 28.6 per cent in 1995/96 after four years of consecutive declines. Nikko Research Centre said yesterday: "Corporate earnings will
      Reuter  -  363 words
    • Article
      Lock icon US software protection group sues S Korean firms for violation
      267 6 AFP SEOUL The US Business Software Alliance (BSA) has sued 15 South Korean firms for violating intellectual property rights. Prosecution authorities yesterday said BSA filed the lawsuit with the Seoul District Prosecution Office on Monday, accusing South Korean companies of
      AFP  -  267 words
    • Article
      Lock icon Indian software exporters hit by US immigration laws
      433 6 Reuter NEW DELHI India's software exporters, worried over proposed new US immigration laws, are try ing hard to hold on to their biggest market. A top industry official yesterday said hundreds of Indian software professionals travelled to the United States each year
      Reuter  -  433 words
    • Article
      Lock icon Australia's Telstra in A$800m Philippine phone network venture
      250 6 AFP SYDNEY Australia's overseas telecommunications network, Telstra Corp Ltd, is set to enter the Philippines telecommunications market with its involvement in an ASBOO million (SS9O4 million) project, it was reported here yesterday. The deal would take the form of a joint venture,
      AFP  -  250 words
    • Article, Illustration
      Lock icon Spring of life
      71 6 Reuter HASSANABDAL, Pakistan An Indian Sikh holding an infant child ip his arms to give him a dip in holy spring water yesterday during a pilgrimage to the Sikh shrine of Panja Sahib at the Pakistani town of Hassanabdal, north-west of the capital Islamabad. About 2,180 Sikh
      Reuter  -  71 words
    • Article
      Lock icon Bumper crops may turn India into rice, wheat exporter for 1st time
      322 6 Reuter NEW DELHI The Indian government is considering exporting wheat and rice exports for the first time, the head of its biggest grain trading agency said. "We have suiplus stocks of both wheat and rice and one alternative
      Reuter  -  322 words
    • Article
      Lock icon NZ rebuffs US call for compromise on nuclear arms ban
      475 6 Reuter WELLINGTON New Zealand made clear yesterday it was not about to change its anti-nuclear policy despite suggestions by a visiting United States military chief that the two sides could strike a compromise in their decade-long defence row. Prime Minister
      Reuter  -  475 words
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      140 words
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  • THE WORLD
    • Article
      Lock icon German federal deficit narrows in first quarter
      470 7 Bloomberg Business News FRANKFURT The federal government's deficit narrowed by more than a quarter in the first three months of 1994, thanks primarily to a decline in transfers to the labour office. The German Bundesbank, in its April monthly report released yesterday, said
      Bloomberg Business News  -  470 words
    • Article, Illustration
      Lock icon Keeping in touch
      65 7 Reuter JERUSALEM An Israeli woman placing both hands on the names of loved ones who lost their lives in Israel's wars after a Remembrance Day service on Tuesday afternoon. The day of remembering began on Tuesday evening when a siren sounded for one-minute bringing the country to
      Reuter  -  65 words
    • Article
      Lock icon US-Canada trade disputes testing spirit of Nafta
      508 7 Washington Post WASHINGTON Since 1992, the United States has been asking Canada for more than USSSOO million (SS7BS million) in penalties assessed on Canadian lumber exports on the grounds they are unfairly subsidised. In recent months, US brewers shipping beer to Quebec have
      Washington Post  -  508 words
    • Article
      Lock icon W German business construction sector seen in doldrums
      257 7 Reuter BONN New orders in the west German commercial construction sector fell by a real 7.1 per cent last year and the situation is unlikely to change in the near future. A construction industry association, Hauptverband der Deutschen Bauindustrie, said yesterday that
      Reuter  -  257 words
    • Article
      Lock icon Treuhand will wind up with 230b-mark debt
      326 7 Reuter FRANKFURT Treuhandanstalt, the agency charged with privatising former east German enterprises, will leave debts totalling 230 billion marks (SS2O7 billion) by the end of 1994 when it is scheduled to wind up its activities. The Bundesbank yesterday said the debt would be
      Reuter  -  326 words
    • Article
      Lock icon Bundesbank urges more transparency in conglomerates
      267 7 Reuter FRANKFURT International regulators are watching growth in European financial conglomerates, amid concern that repercussion of one bad unit could endanger the conglomerate or financial markets. The Bundesbank, in its April report released yesterday, urged increased transparency in these companies' organisational and management structures,
      Reuter  -  267 words
    • Article
      Lock icon US Army to proceed with plan to burn chemical arms
      176 7 AP WASHINGTON The US Army is going ahead with its US$9 billion (SSI4 billion) plan to burn the nation's chemical weapons stockpiles rather than neutralise the substances by mixing them with other chemicals. In a report to Congress on Tuesday,
      AP  -  176 words
    • WORLD WATCH
      • Article
        Lock icon EU jobless rate steady at 10.9pc
        71 7 Reuter BRUSSELS Seasonally adjusted European Union unemployment was a steady 10.9 per cent in February for the third successive month, but up from 10.1 per cent in February 1993, the EU's statistical office Eurostat said yesterday. The total number of people out of work
        Reuter  -  71 words
      • Article, Illustration
        Lock icon Germans against neo-Fascism
        51 7 Reuter DUESSELDORF. Germany Demonstrators with signs reading "Don't forget Solingen" and "Stop neo-Fascism" in front of a Ducsseldorf court building yesterday. Four German right-wingers go on trial charged with murder and arson in a fire that killed five Turkish women and children in Solingen in May 1993.
        Reuter  -  51 words
      • Article
        Lock icon Perry checking readiness of US troops
        75 7 AFP WASHINGTON Defence Secretary William Perry will travel to South Korea and Japan this week to assess the readiness of US forces and to meet military commanders there, the Pentagon announced on Tuesday. The visit comes amid rising tensions in the region over North
        AFP  -  75 words
      • Article
        Lock icon Seoul halts investments in Honduras
        66 7 Reuter TEGUCIGALPA, Honduras South Korea, alarmed by worker occupations of Asian-owned assembly plants in northern Honduras, have halted investments in Honduras since December, union and business leaders said. They told reporters they had learr id of the investment freeze from South Korea's ambassador to neighbouring
        Reuter  -  66 words
      • Article
        Lock icon UK receiverships up 5.8pc in 1st qtr
        105 7 Reuter LONDON Auditors KPMG Peat Marwick said the number of receiverships it recorded rose by 5.8 per cent in the first quarter of 1994 from the final 1993 quarter, but was down 37.5 per cent compared with the first quarter of last year.
        Reuter  -  105 words
    • Article
      Lock icon US panel recommends relaxing rules on defence firm mergers
      352 8 NYT WASHINGTON A federal panel of defence and anti-trust experts recommended on Tuesday that the US government reduce procedural obstacles to mergers of defence contractors, but did not propose the partial exemption-from anti-trust rules that some companies had sought. The outcome
      NYT  -  352 words
    • Article
      Lock icon Senate panel grills Clinton official on foreign aid
      243 8 AP WASHINGTON The Clinton administration is abandoning one euphemism for another: "security assistance" is now "funds to support foreign policy goals". But foreign aid by any name is still a tough sell on Capitol Hill. Under-Secretary of State Lynn Davis got a
      AP  -  243 words
    • Article, Illustration
      Lock icon Choosing between a job and a tax cut
      75 8 Reuter WASHINGTON Pointing to a chart, US Treasury Secretary Lloyd Bentsen tells reporters that only 1 Americans face higher tax rates and that there are no plans to raise income taxes again. At a press conference in the White House on Tuesday.
      Reuter  -  75 words
    • Article
      Lock icon Grim outlook for Mexican economy for rest of year
      260 8 Reuter NEW YORK The outlook for Mexico's economy remains bleak for the rest of this year due to the recent political unrest and the current high interest rate environment, experts said. "On top of the political problems, we will have an
      Reuter  -  260 words
    • Article
      Lock icon German party pledges continuity in foreign policy if it wins polls
      286 8 AP WASHINGTON German foreign policy will remain essentially unchanged if the opposition Social Democrats win the mid-October national election, said Rudolf Scharping, Chancellor Helmut Kohl's Social Democratic rival. Mr Scharping gave the assurance to US President Clinton during a
      AP  -  286 words
    • Article
      Lock icon Germany's biggest developer vanishes
      283 8 NYT BONN Stocks fell and many construction sites all over Germany shut down on Tuesday after the country's biggest real estate developer disappeared, leaving his company and its creditors in the dark and possibly holding the bag for hundreds of millions of dollars worth of debts.
      NYT  -  283 words
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      139 8 ArchiCAD"/ Entrance Holl Warehouse Hermes /MD Studi6 Not.onol Pavilion of Hungary Seville Expo 92 Imre Mokovecz Arch,tec' >sj^ltei^ Vv S^nl Exhibition Holl on the Hannover Expo site Bertram+Buhnemonn, Architect Office block Jonos M6nus. Ztuao Szfike. Sondof Nogy Architects Hi! Hows* Vfrtesi. Architect SOPHISTICATION THROUGH SIMPLICITY The waste processing plant of
      139 words
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  • SPORTS
    • Article, Illustration
      Lock icon Women muscle in on men-only tee times
      355 9 Golf AP TAMPA, Florida Molly O'Dea plans to stand on the first hole at her country club on Saturday morning and give a last whack to the tradition of male-only tee times. O'Dea, a Xerox executive, filed a complaint last year about rules
      AP  -  355 words
    • Article, Illustration
      Lock icon Why sports in Britain is floundering
      1059 9  -  By Michael Karem The writer is a London-based freelance sportswriter who contributed this article to BT. LONDON The school playing fields of England, on which, in imperial times, it used to be said paradoxically that the victory over Napoleon at Waterloo was prepared, are
      AFP  -  1,059 words
    • Article, Illustration
      Lock icon Celibate Swiss can spring surprise
      521 9 IYorWCi/pUSAM Countdown to the World Cup Reuter GENEVA The celibate Swiss could spring a surprise in the World Cup finals this summer. The squad has already made headlines around the world because of a "sex ban" imposed by English manager Roy Hodgson, who ruled in
      Reuter  -  521 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        54 9 Reuter NfcW YORK Major IjeaKue Tuesday American: C hicago 10 NY 5: Kansas City 11 Boston 22: California 4 Cleveland 5: Oakland 8 Toronto 4: Seattle 12 Minnesota 0. National: Florida 2 Houston 7; Montreal I Cincinnati 7: Pittsburgh 4 San Diego 2: Atlanta 5 SF 7: St Louis
        Reuter  -  54 words
      • Article, Illustration
        Lock icon Basketball
        113 9 AFP NEW YORK NBA Tuesday: Cleveland 119 Milwaukee 91: Detroit 107 Philadelphia 134; Chicago 111 New Jersey 105: Houston 98 Minnesota 89: Denver 102 Phoenix 107: Utah 126 Sacramento 91: LA Clippers 101 Seattle 116: LA Lakers 117 Golden State 128: Portland 107 Dallas 108. Reuter DALLAS, Texas US
        AFP  -  113 words
      • Article, Illustration
        Lock icon Cricket
        88 9 AFP BRIDGETOWN, Barbados A superb 143 from Alec Stewart and two late wickets from Andy Cad- dick on Tuesday gave England an excellent chance of ending the West Indies 59-year unbeaten test record at the Kensington C)\al. Stewart's eflfort. making him the first England player to score two centuries
        AFP  -  88 words
      • Article, Illustration
        Lock icon Hockey
        115 9 AFP kLALA LLMPL'R Malaysia's national hockev body yesterday slammed its former Australian coach for running down local officials when relating how death threats had forced him to quit his coaching job here. While Terry Walsh's disclosure of how his farmly received death threats was not being questioned, his remarks
        AFP  -  115 words
      • Article, Illustration
        Lock icon Ice hockey
        90 9 AP NEW YORK NHL Toesday: Florida 2 Quebec 5: NY Rangers 3 Buffalo 2: Philadelphia 4 Nc* Jersey 2: Toronto 3 Chicago 4; Washington 4 Winnipeg 3: Dallas 9 St Louis 5. Reuter I.Akh PI ACID, NV The US routed Germany 1641 on Tucsdav in the opening round
        AP  -  90 words
      • Article, Illustration
        Lock icon Soccer
        114 9 AFP NEW YORK World Cup organisers said on Tuesday they will announce on April 28 the purchasing procedure for a limited number of returned World Cup tickets that will be put on sale. The 24-team tournament will be conducted in the US from June 17 to July 17 at
        AFP  -  114 words
      • Article, Illustration
        Lock icon Tennis
        167 9 AP Reuter BANGKOK Top-seeded Sabine Appclmans of Belgium defeated Michelle Jaggard-Lai of Australia 6-3. 6-2 on Tuesday in a firstround match of the Volvo Open in Pattava. Other results: Nicole Ar- endt US) b Yavuk Basuki (Indon) 2-6 6-3 6-2: Tanasugarn Tamannc (Thai) b Marianne Werdd (US) I-6 7-5
        AP; Reuter  -  167 words
      • Article, Illustration
        Lock icon Yachting
        77 9 Reuter WELLINGTON The Pacific Challenge organisation said yesterday it planned to float a public company to raise a major part of the cost of Chris Dickson's bid to win the 1995 America's Cup. Pacific Challenge said it hoped to release a prospectus mid-year and to list later on the
        Reuter  -  77 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      387 9 ■tfSKEBUIB *HP WHK AVBWf wmf OVIR OF PRIZES* CAnoomr MHi's Mot's Mm Woman's Woman's Women Omr Junior Vrtmni Qmi Junior Valsrans fsbags (20ya& HOynA (Noqge {20yraA PS)«A M bdow| lnri| bdnw) abcx«) TSCMTI Enfey 1 Ia I I 3 I |4 I 1» I 16 III!I[1I1III1 11 I I 1
      387 words
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  • ADVERTISING FEATURE ON QINGDAO HIGH TECH INTERNATIONAL CITY CHINA
    • Article, Illustration
      Cosmopolitan lifestyle with the best in recreational activities
      1077 10 Qingdao's rapid economic growth offers tremendous potential for real estate investment. Not only is there rising demand for better quality housing from the growing class of middle and higher-income groups but also from the foreigners working and living in the city. Recognising
      1,077 words
    • Article, Illustration
      Qingdao beckons as the "Switzerland of the Orient" Qingdao beckons as the "Switzerland of the Orient"
      836 10 The rate at which Singapore investors are heading towards Qingdao for investments, business and vacation is but an example of the rapid economic growth and rise of foreign interest in this coastal city in
      836 words
    • Article
      An opportunity you cannot afford to miss
      167 11 An irresistible offer awaits those who sign up early for the studio apartments with club membership in Qingdao High Tech International City. The first 500 will gets discounts of up to 50 per cent off the normal price. In addition, the bungalows will
      167 words
    • Article
      International design, luxurious amenities
      110 11 Qingdao High Tech International City's residential apartments and bungalows are truly cosmopolitan in design. The entire development is being designed with the "international" theme in mind and it is interesting to note the different types of architectural layout being adopted. For example, there is a Holland
      110 words
    • Article, Illustration
      BUNGALOW LIVING
      141 11 Buyers can choose from 11 beautiful designs of 2- or 3-storey bungalows and semi-de-tached houses, with prices to match. Each has a land area of about 650 sq m and a built-in area of 300 sq m. These bungalows are spread out over different sections of the development,
      141 words
    • Article, Illustration
      STUDIO APARTMENTS
      107 11 The studio apartments are ideal for the leisure seekers and those who often travel abroad. A total of 2,(XX) of these studio apartments set in a tranquil condominium-styled environment will be available in the first phase of the Qingdao High Tfech International City project, with single, 2- and
      107 words
    • Article, Illustration
      CONDOMINIUMS
      93 11 There will be 1,800 units of these completed in the first phase of the Qingdao High Tech International City project. Housed in four- and six-storey high blocks, they each have a floor area of about 100 sq m to 150 sq m per unit. Planned with their own central
      93 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      61 10 /)=</+%+$_~':"+)?!*:.=-=+;\|^=' SPECIAL PACKAGE FOR EARLY BUYERS OF STUDIO APARTMENTS Units 1 —100 50 per cent discount Units 101 200 40 per cent discount Units 201 300 30 per cent discount Units 301 400 20 per cent discount Units 401 500 10 per cent discount Normal price of a studio apartment
      61 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1297 12 Null Mlg Beats A Bud. WHERE to wine, dine and entertain of 171 ATJTATTDC Al7 Let your taste buds travel UF tocornersw °rld rniTT} tttatvt t\ and savour unusual and lily nUuLJJ ffiSa exciting dishes in our I nTTEEPT wSn rantastic Flavours 01 The DU r 1 IJI J&TM World
      1,297 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon A coup for Proulx
      1033 13 1994 Pulitzer Prize Washington Post, UPI E ANNIE Proulx won the Pulitzer Prize for fiction on Tuesday, capping an astonishing year in which she won an unprecedented four major awards and was a runner-up for a fifth for two different books. "I've run out of being
      Washington Post,; UPI; Reuter  -  1,033 words
    • Article
      Lock icon US theatre still strong, says Albee
      255 13 Reuter HOUSTON Playwright Edward Albee, who won his third Pulitzer prize for drama on Tuesday, said the state of US theatre has probably never been stronger despite the decline of serious drama on Broadway. "I think we've probably got more good playwrights now than
      Reuter  -  255 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      63 13 Ge 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. the o&gWt i V Singapore A
      63 words
    • Advertisement
      Page 13 Advertisements Column 2
      158 13 Kj^k A Lunch $12.80++ flinTTTn Dinner $1680++ Lunch consists Soup. Main Course. f Dessert and C.ofTee/Tca. t y| wt Dinner includes a choice of Main I h Y ('ourse with a buffet spread of B>f» \ppetizers. Soups Salads. Desserts ■f (MEAL DEAL aatl Colltr/lta JL 1 «Y*Vt HVfDGUEtI V -x
      158 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1289 13 TV A RADIO I True Identity, 8.30pm, SBC 5 Miles Pope (Lenny Henry) is a young wannabe actor who hears a mafia about after surgery. the mobster supposed to be dead, the FBI refuses to re-open the Miles has to to in IWI telemovie. Can he f [r^ tO hIS
      1,289 words
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  • INNOVATION & TECHNOLOGY
    • Article
      Excel ties up with China institutes to develop laser cutting technology
      456 14  -  Lewis Mitchell reports on the team-up for a strong yet untapped potential Lewis Mitchell Researchers in Singapore and China have joined forces to develop laser cutting technology, an area with untapped regional potential and an international market estimated at
      456 words
    • Article, Illustration
      Success from a fine spray of hot oil
      1118 14  -  A better way of frying has earned its inventor a fortune. A J Leow reports A J Leow SOME budding inventors have tried to find ways to build the better proverbial mousetrap. Peter Martin Vos' improved "mousetrap" is aimed not at fast
      1,118 words
    • Article, Illustration
      Virtual reality for air traffic control trainees
      205 14  -  By Sean Ang CANADA'S ATS Aerospace Inc has developed a high-technology simulation system that the company believes is ideal for training the growing number of air traffic control operators needed to handle the increasingly busy airports in Asia. The Vega/32 Aerodrome Tower Simulator
      205 words
    • Article
      Lock icon Making music minus the instruments
      662 14  -  John Burgess examines a new breed of music synthesizers John Burgess AP DIGITAL simulation is almost as old as computers. By expressing in software the laws that govern the physical world, engineers can depict electronically a tropical storm bearing down on the Florida coast, a
      AP  -  662 words
    • IN TAKES
      • Article
        Lock icon Space shuttle unveils secrets of Nile
        94 14 Reuter. CAPE CANAVERAL, Florida A powerful radar laboratory aboard the space shuttle Endeavour revealed surprising details' about Earth's environment on Monday, including tributaries that may have led to the Nile River 100,000 years ago, and which are now buried 2 metres beneath Egypt's desert
        Reuter.  -  94 words
      • Article
        Lock icon Cancer study's startling Vit A find
        115 14 AP BOSTON A major study conducted in Finland has come to, the startling conclusion that high doses of the vegetable form of* vitamin A may actually raise the risk of cancer rather than lower, it, as scientists expected. The finding contradicts the widely held;
        AP  -  115 words
      • Article
        Lock icon Broccoli a good cancer fighter
        84 14 AP WASHINGTON It may not be everyone's favourite vegetable,, but broccoli continues to chalk up high marks among scientists for its cancer-fighting ability. In a study published on Tuesday iri? the Proceedings of the National Academy of Sciences, Johns Hopkins University researchers report that sulforaphane
        AP  -  84 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      29 14 We Are In mm Korea! ifi|l7 Be Sure To Get Your Copy Today! Available at these hotels: Chosun Ramada Renaissance I Universal Publications Agency Ud. Tel: 734-7611 Fax:o2-720 6505
      29 words
    • Advertisement
      Page 14 Advertisements Column 2
      102 14 Looking for a British Bargain? fick out the Offers rom the British looking Centre! f Price UK Car Rental From £20 a day >ndon Hotels from £24 a night Over 1400 B&B and Farmstays Countiy Cottages Long-Term Apartments Canal Lake Cruising You name it —We have it! Call or write
      102 words
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  • THE LAW PAGE
    • Article, Illustration
      Allow mortgagor leeway to sell: court
      856 15  -  DBS Bank was found to have breached its duty as mortgagee by refusing to sanction a sale. Ramesh Divyanathan reports Ramesh Divyanathan A MORTGAGEE (creditor) should not do anything that will hamper efforts by a mortgagor (debtor) to sell mortgaged property if the lender
      856 words
    • Article
      Lock icon Dancer wins tax claims for her 'business breasts'
      402 15 AP AN Indiana woman has won agreement from the US Tax Court that her breasts are business assets and can be depreciated for tax purposes. Cynthia S Hess, known as "Chesty Love" in her professional life as an exotic dancer, and her
      AP  -  402 words
    • Article, Illustration
      Law chief clarifies stand on small firms
      395 15 AT THE MR- LAW Society president Peter Cuthbert Low has issued a letter clarifying apparent misconceptions about the society's intentions in bringing out a report on small firms. With some lawyers unhappy at the recommendations of the committee which produced the report, Mr
      395 words
    • Article
      Corrections and Clarifications
      48 15 IN last week's column "Goh Chia join Harry Elias", it was incorrectly stated that Chia Seng Chui from Goh Chia, did not join Harry Elias Partners as a partner. Mr Chia is in fact a partner in Harry Elias. We are sorry for the error.
      48 words
    • Article
      Seminar aimed at biz lawyers
      152 15  -  By Conrad Raj LAWYERS, especially those doing business, should find the Singapore Academy of Law's first legal education seminar of the year interesting and useful. Peter Birks. Regius professor of civil law at All Souls Col- lege. Oxford, will kick off this year's series of
      152 words
    • Article, Illustration
      Lock icon Law sage laments present state of the legal profession
      781 15 NYT FOR more than 50 years, the law has been spectacularly good to Sol Linowitz. But more recently, the state of the legal profession has nearly broken his heart. Mr Linowitz, now retired from a senior partnership at Coudert Brothers, former
      NYT  -  781 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      129 15 HOW THE SWISS HAVE THE BEST TIME We all know that the Swiss have a reputation lor time out to enjoy our loaf and Seafood Fondues, as knowing about lime. They also know how to spend it. well as unlimited helpings from our salad bar, is And now at I*
      129 words
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      Page 15 Advertisements Column 2
      253 15 Life's been easy for you for 9 years. With Creative Software, some things never change. MB In fact, it can only get better. development department. And most importantly, people who've been with us since the beginning. People who For 9 solid years, we at Creative Software have been understand the
      253 words
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  • Article
    Headaches from Asia's growth
    506 16 EDITORIAL r CALL it a marvel or a miracle, but Asia's industrialising economies are expected to continue leading the world in economic growth. Will this last beyond just the next few years? How long can the dynamos of Asia stay on the high-growth track? Amid the
    506 words
  • WHAT THE OTHERS SAY
    • Article
      Yes, hit the Serbs hard
      152 16 FINALLY, the Bosnian Serb forces got what they deserved. If the Serbs fail to heed the message, subsequent air attacks could be more punishing, as they should be. US Secretary of Defence William Perry has indicated that. Critical to the resolve that the UN and
      152 words
    • Article
      Back to school
      200 16 IT IS NO SURPRISE that the Association of Muslim Professionals is helping the government train older workers. With the $2 million SDF grant, it seems that AMP may be able to carry out the project. But monetary assistance alone is not enough. AMP is the second Malay-Muslim
      200 words
    • Article
      Mixed performance report
      152 16 ACCORDING to a US State Department report released this week, the Republic of China is doing about average in fighting drug abuse and trafficking. It needs to do more, however, to stop the inflow of drugs from South-east Asia and the outflow of homemade amphetamines to neighbouring
      152 words
    • Article
      Get more critics aboard
      180 16 TWO CHEERS for China's new list of Hongkong affairs advisers. By including people from the "moderate" democratic camp, Beijing has moved towards broader consultation. A third cheer would be misplaced. The selection is better than the uncritical supporters found in the previous lists but the new
      180 words
    • Article
      Give SMIs a boost
      180 16 IT IS MORE than patently clear that the government, the banking institutions and finance companies should take a good second look at small and medium-size industries (SMIs) as in Malaysia they comprise more than 90 per cent of manufacturing establishments and account for more than 40
      180 words
    • Article
      Turning voters off even more
      150 16 THE RESIGNATION of Morihiro Hosokawa has not only led to the ruling coalition squabbling over a candidate for prime minister, but it could also touch off the disintegration of the seven-party alliance. In fact, it could even become the catalyst for faster restructuring of Japanese
      150 words
  • Article, Illustration
    Lock icon Love him or hate him, you just can't ignore him
    772 16  -  Eugene Moosa examines the modus operandi of the man who holds the key to the political tumult in Japan following Morihiro Hosokawa's resignation Eugene Moosa Reuter ONE WAY to understand the chaos in Japanese politics sown by Prime Minister Morihiro
    Reuter  -  772 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      226 16 It*\' *i i i LEARN HOW TO INCREASE YOUR INCOME Come and Hear Bob Prootor... FREE H 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
      226 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      89 16 G>OTIV»G flexing ofsh€€RT^ spr\ng is Heee,...ivte: gr*ss I toe ujamt vou to voock! is G(2ee>» the. stcy is Bme... I yTHpfl* mucn Hfrgp&g v V evcßv-wiNG is uxDNDO?ruL...y gr 916S 1 r I •*—oc»f>iww«i—LTft.nn mi h v I Vrfa. I DOONESBURY GARRY TRUDEAU CMON. I IeSTUEAPPEARMO&X I* MXfBOPY! I I
      89 words
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  • ANALYSIS
    • Article, Illustration
      Washington in a bind on trade strategy
      1276 17  -  The new Gatt pact will be signed tomorrow. While Leon Hadar finds the Clinton Administration struggling to balance domestic and international trade pressures, Mickey Kantor says the WTO has its work cut out for it in promoting sustainable economic development. Leon Hadar, Mickey
      1,276 words
    • Article
      Lock icon The WTO must focus on labour, environment and competition policies
      1067 17 USIS TOMORROW, over 100 nations will gather in Marrakesh, Morocco, for the historic signing of the Uruguay Round agreement the broadest, most comprehensive trade agreement in history. The Uruguay Round will create a successor organisation to the General Agreement on
      USIS  -  1,067 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      229 17 If you thought staying at the Shangri-La Penang Also, you'll have inter-signing privileges at all four was a little out of your price range, it's time to think Shangri-La properties in Penang. That means that the again. Because Shangri-La Penang's new value-for- beautiful Golden Sands and Rasa Sayang Resorts and
      229 words
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  • Article, Illustration
    Lock icon Leadership change won't derail China's reform, says SM Lee
    313 18  -  From Chuang Peck Ming in WELLINGTON SENIOR Minister Lee Kuan Yew yesterday told the Prime Minister of New Zealand, Jim Bolger, that China's economic reform will not be upset by any change in Chinese leadership. In a meeting lasting 35 minutes,
    Photo by Leong Kam Huan of Lianhe Zaobao  -  313 words
  • Article
    Lock icon US consumer price index, core inflation both up 0.3pc in March
    304 18 Bloomberg Business News Reuter WASHINGTON US consumer prices rose 0.3 per cent last month, as the cost of food and clothing turned higher, the Labour Department said yesterday. After stripping out volatile food and energy costs, the so-called core
    Bloomberg Business News; Reuter  -  304 words
  • Article
    Hongkongers get the inside story of Alex Tsui's sacking
    329 18  -  From Lim Soon Neo in HONGKONG JUST about everybody yesterday tuned in for the first instalment of a made-in-Hongkong drama: why the Commissioner of the Independent Commission Against Corruption (ICAC) sacked one of his senior officers. The inside story which started
    329 words
  • Article, Illustration
    A tale of two leaders — similar yet different
    978 18  - A tale of two leaders similar yet different The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is BT's regional analysis editor IT IS a tragic irony that two economic giants locked in a seemingly endless quarrel over trade should find their leaders reeling from their own personal
    978 words
  • Article
    Lock icon Canada's future bleaker than HK's: banker
    202 18 AFP HONGKONG Debt-ridden Canada's future is bleaker than that of Hongkong, which reverts to communist China in 1997, one of the colony's leading bankers has said. "The sad fact is that there have been only two growth industries in Canada over the last 25
    AFP  -  202 words
  • Article
    Kedah chief minister calls off mega-park project
    485 18  -  From Ho Kay Tat in KUALA LUMPUR UNDER ATTACK from other leaders from his own party, the chief minister in Prime Minister Mahathir Mohamad's home state of Kedah yesterday bitterly backed out of the ambitious MS 17 billion (SS9.B billion) Jerai theme park
    485 words
  • Article, Illustration
    US and EU accused of managing trade
    430 18 MARRAKESH, Morocco The United States and the European Union came under fire at the Gatt trade summit yesterday as Asian ministers accused them of favouring managed trade. Rafidah Aziz, Malaysia's Minister for International Trade and Industry, voiced concern at the "destabilising" effect of
    430 words
  • Article
    Lock icon Tokyo market warms to news that Hata is in the lead
    440 18 Reuter, AFP TOKYO It may have been jumping the gun, but the Tokyo stock market took to heart signs that Japan's ruling coalition may avert a break-up, and brokers said shares would only rise further as a new Cabinet
    Reuter,; AFP  -  440 words
  • Page 18 Advertisements
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        44 19 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Overnight events may alter sentiment Brokers pt>lled Alliance. Daiwa. OK Goh. Kay Hian. Ongco. Phillip. Tat Lee. Smith \'e* Court. H I Carr and SG Warburg.
        44 words
      • Article, Illustration
        NOT STOCK
        141 19  -  -By Paul Leo Ipco International has fallen 41.S per cent or US$4.l5 to USSS.BS from its all-time high of US$lO.OO achieved on Jan S. Yesterday's trading volume was equal to the 10-day average of 20,000 shares, indicating that there were no big buyers or sellers about. But short
        141 words
    • Article
      Shangri-La to buy 20pc stakes in two Myanmar hotel ventures
      376 19  -  By Joseph Rajendran SINGAPORE In line with its aggressive regional expansion policy, Shangri-La Hotel is taking a" 20 per cent stake in each of two ventures in Myanmar. In two statements yesterday to the Stock Exchange of Singapore, the hotel
      376 words
    • Article, Illustration
      Three more Cold Storage supermarkets
      277 19  -  By Abdul Hadhi SINGAPORE Cold Storage Singapore will open three more supermarkets within the next 12 months. The group's general manager for supermarkets, Huw Jenkins, said yesterday one would be in Tampines New Town and the other in Tiong Bahru to serve HDB residents, while
      277 words
    • Article, Illustration
      Inno-Pac MD takes up KFC's options offer
      449 19  -  By Shiv Taneja SINGAPORE The managing director of SES-listed Inno-Pacific Holdings, Gopinath Pillai, in a statement to the stock exchange on Monday, said he had taken up an option to buy 500,000 shares of lnno-Pac from KFC Holdings Bhd at 27 cents each.
      449 words
    • Article
      CCL's purchase of more MCL shares points to bigger deals ahead
      870 19  -  HOCK LOCK SiEW By Lee Han Shih SINGAPORE There could be more to Cycle Carriage Ltd (CCL) paying a premium for more Malayan Credit Ltd (MCL) shares when it already owns 53 per cent of the listed property company.
      870 words
    • Article
      Rothmans will not make concessions to KL shareholders
      454 19  -  By Ven Sreenivasan SINGAPORE Tobacco giant Rothmans will not make concessions to get shareholders of its Malaysian company to back its plan for a panAsian holding company. The chief executive of Hongkong-based Rothmans of Pall Mall (Asia), John Webb, said this week
      454 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          SingLand denies takeover rumours
          61 20 SINGAPORE Singapore Land has brushed aside rumours of a takeover of the company. Referring to a Straits Times market report on rumours of a takeover, the company said in a letter yesterday to the Stock Exchange of Singapore: "We wish to inform you that the company
          61 words
        • Article
          UOB's foreign shareholdings hit 40pc
          57 20 SINGAPORE United Overseas Bank last night announced that the percentage of foreign shares in the issued share capital of the company stood at 40 per cent at the end of the first quarter of this year. Out of this, 39.73 per cent were held by
          57 words
        • Article
          Lock icon Perlis Plantations' earnings up 16pc
          89 20 Bernama KUALA LUMPUR Perlis Plantations Bhd's group after-tax profit rose 16.03 per cent to M 5212.03 million (*****.98 million) for the year ended Dec 31, 1993, from a year ago. Perlis Plantations said yesterday that group turnover edged up 3.48 per cent to M 53.445
          Bernama  -  89 words
        • Article
          Lock icon Sungei Way's pre-tax profit rises 29pc
          80 20 Bernama KUALA LUMPUR Sungei Way Holdings Bhd has reported a 29 per cent rise in group pre-tax profit for the year ended Dec 31, 1993, to M 560.13 million (5534.87 million) from the previous year. Sungei Way yesterday said group turnover was M 5453.69
          Bernama  -  80 words
        • Article
          Thai firm in Viet oil venture
          71 20 BANGKOK The Petroleum Authority of Thailand will join Charoen Pokphand and Vietnam's Saigon Petro in setting up a 700-million-baht (Ss43 million) oil-related venture in Vietnam, the Bangkok Post reported on Tuesday. A joint- venture company, PetroAsia (Saigon), will be set up to implement projects
          71 words
        • Article
          Lock icon Cima aims to be major cement supplier
          70 20 Bernama KUALA LUMPUR Cement Industries of Malaysia Bhd (Cima) hopes to realise its full potential and become a major cement supplier in view of the rapid growth of the construction sector, chairman Yahya Ismail said. He said on Tuesday that he envisaged demand
          Bernama  -  70 words
      • Article
        Lock icon Commerce Asset's group pre-tax up 65pc
        252 20 Bernama KUALA LUMPUR Commerce Asset Holding Bhd has recorded a 65.1 per cent jump in group pre-tax profit to M$ 178.2 million (SSIO3 million) for the year ended Dec 31, 1993, from a year ago. Releasing its audited results yesterday, CAHB said after-tax profit
        Bernama  -  252 words
      • Article
        Lock icon MBf Capital chalks up 39pc rise in group pre-tax profit
        418 20 Bernama KUALA LUMPUR MBf Capital Bhd recorded a 39 per cent jump in group pre-tax profit to M 5231.36 million (SSI 34.19 million) for the year ended Dec 31, 1993, from a year ago on the back a 14 per
        Bernama  -  418 words
      • Article
        Joint venture paves way for Scotts' M'sian property debut
        322 20  -  By A J Leow SINGAPORE Scotts Holdings will make its debut on the Malaysian property scene with the formation of a new joint venture firm across the Causeway. The company said yesterday it had tied up with Malaysia's South East Asia
        322 words
      • Article, Illustration
        Lock icon Aussie bourse plans to attract more listings from Asian firms
        629 20 Reuter SYDNEY The Australian Stock Exchange's (ASX) new managing director Dick Humphry said one of his first priorities is to attract listings from more Asian companies. Mr Humphry, who takes over from Gavin Campbell at the end of this month,
        Reuter  -  629 words
      • Article
        Lock icon US-backed group to form electronic clearing house in Philippines
        340 20 AFP MANILA A United Statesbacked business group will set up a central depository and clearing house and investor information service system by next year in an effort to modernise the local capital market, an official said yesterday. This is part of
        AFP  -  340 words
      • Article
        Lock icon Daewoo plans KL base, possible listing
        236 20 AFP KUALA LUMPUR South Korean trading and construction conglomerate Daewoo Corp said yesterday it was setting up a regional base in Malaysia after winning a deal to build a Msl.4 billion (SsBl3 million) commercial plaza here. "Malaysia has strong political stability and we are
        AFP  -  236 words
      • Article
        Lock icon Meralco recovering as Philippine's energy crisis ends
        312 20 Reuter MANILA The Philippines' largest retail power distributor, Manila Electric Co (Meralco). is sizzling with energy as it recovers from the long, dark days of 1993. Analysts yesterday forecast net profits would rebound 60 per cent this year to about 3.5 billion pesos
        Reuter  -  312 words
      • Article
        UNIT TRUSTS & FUNDS
        504 20 UNIT TRUSTS FUNDS mil n fTT Apr 14 us Gr Fund 104 1 08" Iwrwoff Unit Tract "MB Invest Mgt Ltd I" 1 111 1 TTo T7 I n,fund I 44 1.50 1.69 1.77 Lnlbood 02 I OS The Savings Fund l$$ I63*d G r Fund' 16$ 1.71 Spore See*
        504 words
      • Article
        Lock icon Analysts wary of Indian state firm's US$1b issue in HK
        528 22 Reuter HONGKONG An issue by India's overseas telecommunications monopoly will be launched into a market with great long-term potential, but Hongkong analysts fear it will be overpriced and wonder what the Arm will do with the money. Analysts say Indian
        Reuter  -  528 words
      • Article
        Lock icon Taiwan's China-tour ban hits HK firms
        464 22 Airline, hotel stocks suffer most from loss of leading travel market Bloomberg Business News HONGKONG Taiwan's decision to ban group tours to China is bad news for local hotel and airline companies which rely on the island for much of their business. The government
        Bloomberg Business News  -  464 words
      • Article, Illustration
        Lock icon Media execs say US govt blocking info highway
        544 22 Reuter NEW YORK Time Warner Inc. the world's largest media company, blasted the Clinton administration on Tuesday for creating a Soviet-style regulatory structure that was blocking industry efforts to build the information superhighway. Cable television companies have been stung by a recent
        Reuter  -  544 words
      • Article
        Lock icon Timetable on British Coal sell-off announced
        162 22 Reuter LONDON Companies considering bidding for all or part of state-owned British Coal, which is to be privatised by the end of 1994, have until May 25 to pre-qualify, Energy Minister Timm Eggar said yesterday. As a memorandum outlining the government timetable for the
        Reuter  -  162 words
      • Article
        Lock icon Motorola shares drop further as earnings fall below forecasts
        363 22 NYT CHICAGO Shares of Motorola Inc plunged another USS4 on Tuesday as the company tried to ease concerns about first-quarter earnings that fall short of some analysts' expectations. With Tuesday's second consecutive sell-off. Motorola shares have lost U5510.75. or 10.1 per
        NYT  -  363 words
      • Article
        Lock icon Michelin skids into the red with loss of 3.7b francs
        498 22 Reuter PARIS Michelin, the world's biggest tyre maker, yesterday confirmed its startling skid into the red last year by posting a 3.67-billion-franc (SS97B million) loss. The 1993 loss, which compares with a 1992 net profit, was at the high end
        Reuter  -  498 words
      • COMPANY BRIEFS
        • Article
          Paliburg profit jumps 160pc
          96 22 HONGKONG Real estate investment company Paliburg International said yesterday its 1993 net profit after taxes and minority interests rose 160 per cent to HKSI.I3 billion (*****.6 million) from HK5436.2 million the previous year. In a statement, the company said its 1993 earnings per share rose to
          96 words
        • Article
          Lock icon Orix, Viet firm plan leasing tie-up
          77 22 Bloomberg Business News HO CHI MINH CITY Orix Cotp, Japan's largest leasing company, said it will lease Vietnamese companies machinery and equipment, the official Vietnam News reported yesterday. Orix is negotiating a 50:50 joint venture with Vietnam's Saigon Finance Company. The tie-up, the first
          Bloomberg Business News  -  77 words
        • Article
          Lock icon EU approves aid to Siemens
          82 22 Reuter BRUSSELS The European Commission said yesterday it had decided to clear a 450 million deutschemark (*****.5 million) subsidy to Siemens AG to allow it to set up a new production plant for Dynamic Random Access Memories (Drams). "In adopting its decision, the Commission notably
          Reuter  -  82 words
        • Article
          Lock icon Forte sells 8 properties to Bass
          94 22 Reuter LONDON Hotel and catering group Forte pic said yesterday it had completed the sale of eight licensed properties to Bass pic unit Bass Taverns and would invest the proceeds in developing some of its properties into Harvester restaurants. "This sale is in line
          Reuter  -  94 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Scrapping fixed deposit rates will price out small consumers: HK banks
        560 23 Bloomberg Business News HONGKONG Hongkong's fixed deposit rate system is costly for the territory's banks to maintain, but without it millions of consumers might be priced out of the Hongkong system altogether, a banking official told lawmakers yesterday. That
        Bloomberg Business News  -  560 words
      • Article
        Lock icon US regulators propose rule on securitised assets
        473 23 Bloomberg Business News WASHINGTON Federal banking regulators yesterday proposed a rule that would reduce the amount of capital banks must hold when they retain limited credit risk on assets they sell. The proposed rules would aid securitisation. the pooling of loans into packages
        Bloomberg Business News  -  473 words
      • Article, Illustration
        Lock icon Eye on the rand
        30 23 Renter JOHANNESBURG A broker keeping a wary eye on the market on Tnesday as the South African rand fell ahead of elections on April 26-28. Renter
        Renter  -  30 words
      • Article
        Lock icon US$65m Beta fund wary of some Vietnam sectors
        455 23 Bloomberg Business News HANOI Philippe Colin has 82 investment proposals sitting on his desk in Ho Chi Minh City. And the office of Indochina Asset Management, manager of the US$65 million (SSIOI million) listed Beta Vietnam Fund, only opened last week. "There
        Bloomberg Business News  -  455 words
      • Article
        Lock icon Junk bonds still a good bet despite first quarter's setback: analysts
        436 23 Bloomberg Business News NEW YORK Junk bonds have posted their first quarterly decline in four years, but investors who lost money probably shouldn't bail out just yet. analysts say. The economy seems set for at least a moderate recovery,
        Bloomberg Business News  -  436 words
      • Article
        Lock icon Japan bank leader calls for review of interest-rate deregulation
        233 23 Reuter TOKYO A recent agreement between Japan's Finance Ministry (MOF) and the Ministry of Posts and Telecommunications (MPT) to complete interest-rate deregulation by October is inadequate and should be reviewed, the leader of Japan's regional banks said. But Takeshi Tanaka, chairman
        Reuter  -  233 words
      • SMALL CHANGE
        • Article
          Lock icon Asia Financial profits rise 50pc
          91 23 Bloomberg Business News HONGKONG Banking and insurance company Asia Financial Holdings Ltd's net profit rose 50.7 per cent to HK5209.5 million (Ss42 million) in the year ended Dec 31. Asia Financial said 1993 turnover fell 3.1 per cent to HK5471.9 million, from HK5486.2 million in
          Bloomberg Business News  -  91 words
        • Article
          Lock icon Nod for Citizens Financial's purchase
          70 23 Bloomberg Business News LONDON The Royal Bank of Scotland pic said Citizens Financial Group, the British bank's US$6.9 billion-asset (Ssll billion) US subsidiary, has received approval from the Massachusetts state government to acquire Neworld Bancorp. The US$ 1 52.6 million acquisition of Neworld. a USSI.I
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Lloyd's to continue Gooda Walker probe
          111 23 Reuter LONDON Lloyd's of London said it was continuing its own investigations into Gooda Walker insurance syndicates, although the UK's Serious Fraud Office had decided to drop its criminal investigation in the case. "Those investigations continue and, in common with all such investigations at
          Reuter  -  111 words
        • Article
          Lock icon Indian Exim Bank earnings rise
          73 23 Knight-Ridder BOMBAY The government-owned Export-Import Bank of India has registered a net profit of 580 million rupees in the financial year ended March 31, up from the previous year's 470 million rupees. In a statement giving details of its results for 1993-94 (Apr-March), the bank
          Knight-Ridder  -  73 words
        • Article
          Lock icon Two Taiwan banks cut interest rates
          83 23 Reuter TAIPEI State-run Chang Hwa Commercial Bank and First Commercial Bank said they would lower their prime lending rates to 7.90 per cent from 8.05 and 8.00 respectively, effective today. Chang Hwa will cut its time deposit rates by between 0.05 and 0.35 percentage
          Reuter  -  83 words
      • Article
        Lock icon US$100m fund to buy shares in Russia
        191 23 Reuter MOSCOW A new US$lOO million (SSIS7 million) investment fund sponsored by the United States government will start buying shares in newly privatised medium and large Russian enterprises. Maxim Boyko, chairman of the Russian Privatisation Agency, yesterday said the fund would become operational
        Reuter  -  191 words
      • Article
        Lock icon Rubber importers plan pact to keep price at 1987 level
        542 24 Reuter GENEVA Rubber importing countries have proposed a new draft International Natural Rubber Agreement which would keep reference price at 196.84 Malaysian/Singapore cents per kilo, the same as under the 1987 pact. The confidential offer, obtained by Reuters here at
        Reuter  -  542 words
      • Article
        Lock icon Japan, US agree on 4b yen tax-evasion penalty on AIU
        285 24 Knight-Ridder TOKYO Japanese and US tax authorities have agreed to impose 4 billion yen (SS6O million) in penalty taxes on the Japanese branch of AIU Insurance Co for failing to report income of 20 billion yen in Japan from 1987
        Knight-Ridder  -  285 words
      • Article, Illustration
        Lock icon Californian quake caused US$4.7b in damage for insurers: survey
        223 24 Bloomberg Business News LOS ANGELES Insured damage from the January earthquake in California totalled US$4.7 billion (557.5 billion), a survey by the state's insurance commissioner shows. The appraisal is the third since last week. All three assessments put the insured damage
        Bloomberg Business News  -  223 words
      • Article
        Lock icon Met Life's personal life insurance sales down 22pc
        421 24 Bloomberg Business News NEW YORK Metropolitan Life Insurance Co's sales of personal life insurance plunged 22 per cent in the first quarter amid unfavourable publicity about the company's practices. It is the New York-based insurer's steepest sales decline in at least a
        Bloomberg Business News  -  421 words
      • Article
        Lock icon Use of natural gas likely to rise sharply in Asia
        447 24 Reuter SINGAPORE Asia's use of natural gas is forecast to rise significantly to power dynamic economic growth, but gas producers are worried about falling oil prices. Tsutomu Toichi of Japan's Institute of Energy Economics (IEE) told an international gas conference
        Reuter  -  447 words
      • Article
        Lock icon US-led group in new oil find off Philippine coast
        188 24 AFP MANILA A consortium led by a subsidiary of US firm Vaalco Energy Inc has discovered new oil at its Linapacan offshore production site in south-west Philippines, the Energy Department said yesterday. West Linapacan A operator Alcorn (Production) Philippines Inc discovered
        AFP  -  188 words
      • Article
        Crude oil futures prices rise on news of vessel collision
        188 24 Bloomberg ENERGY REPORT LONDON Oil futures prices in London and New York rose yesterday following a collision between a refined product tanker and a container vessel in New York harbour, brokers said. Prices were also lifted by speculation that large
        188 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        123 24 ANOTHER DAY of quiet consolidation for the regional currencies with the market lacking any fresh factors yesterday to stimulate trading The USS was trapped in a range of 1.5635/45 against the SS. with market showing very little dealing interest. The USS continued to climb against
        123 words
      • Article
        Lock icon London
        169 24 Bloomberg Business News LONDON The dollar dropped against the mark yesterday as lower-than-expected US retail sales, and subdued consumer price inflation showed growth isn't fast enough to warrant higher key interest rates. US retail sales rose 0.4 per cent in March, the Commerce Department said. The Labour Department reported
        Bloomberg Business News  -  169 words
      • Article
        Lock icon New York
        87 24 AFP NEW YORK The dollar slipped slightly against other major currencies except the yen early yesterday after the government reported encouraging inflation data for March. At about 9:30 am (1330 GMT), the dollar was trading at 1.7145 German marks, down from 1.7180 in London 90 minutes earlier, and
        AFP  -  87 words
      • Article, Illustration
        Lock icon Untitled
        1497 24 liaJf-Htifhlitl nkl> lukvlaliil a*um\l S'nwi /i»i 14 iivJiiik panner* Base year: 1985 US$/S$ forward rates Noon Apr 13 s$ Bid Offer 1-monlh 1.5638 1.5653 2-mofllh 1.5639 I 5654 3-monlh ***** 1 5660 6-monlh ***** 1 5660 Source: OCBC FOREIGN CURRENCY NOTE RATES to at San m Apr 13 Singapore dollars
        Base year: 1985  -  1,497 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar, Euroyen steady in light trade
        1334 25 1 Reuter SINGAPORE Simex Eurodollar and Euroyen futures ended steady in quiet trade yesterday. Dealers said Euroyen recovered from the morning's lows to end at around Tuesday's levels. "The market is really just drifting, there is no fresh news for investors," said a dealer
        Reuter  -  1,334 words
      • Article
        KL gains another 13 sen to M$14.45
        586 25 COMMODITY REPORTS Tta TIN closed 13 sen up at MS 14.45 a kg yesterday, extending overnight gains on initial low offers and a stronger London market, traders said. Miners were unwilling to sell in anticipation of higher levels, they said. Traders noted an
        586 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Chinese aluminium exports to rise
          109 25 TOKYO Chinese exports of aluminium are expected to rise in April and May as sellers in China seek to take advantage of high premiums in the Asia region. Premiums are fees paid by customers over the London Metal Exchange price, currently around USS 1.320 a
          109 words
        • Article
          Akita Zinc to cut Apr-Sep output
          113 25 TOKYO Akita Zinc Co Ltd will cut production by 20 per cent at its zinc refinery to 9,880 tonnes a month in April-September 1994 from 12.350 tonnes per month in the previous six months, a source with a partner in the plant confirmed yesterday.
          113 words
        • Article
          China's natural gas output
          53 25 HONGKONG China produced 3.9 billion cubic metres of natural gas from onshore fields in Janu-ary-March. the official Xinhua News Agency reported late on Tuesday. Total natural gas output for this year is targeted at 16 billion cubic metres. Xinhua quoted the state-run China Oil and Gas
          53 words
        • Article
          Aussie beef exporters turn to US
          58 25 SYDNEY Australian beef exports to the US are expected to increase over the next month, with Canadian tariff-free shipments likely to end this week. Exporters said Canada has stopped bidding for Australian beef in the expectation that its 72.000-tonne tariff-free import quota will be
          58 words
    • Article
      COMMODITY PRICES
      1441 25 Rubber Commodity ExcfcMft (Mam daaiag as at lpai) IBS I C—tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 94 I 146.23 1.800 Jun 145.50 145.50 146.75 200 6.I2S Jul 147.25 147.25 147.25 100 1.450 Aug 147.50 147.50 147.75 100 1.450 Sep 147.75 147.75
      1,441 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1246 26 +19.7 Bullish offshore sentiment propelled Australian shares higher in moderate trade yesterday. The Stock Exchange was forced to provide a provisional closing figure for the key indicator. the All Ordinaries, following a computer malfunction. The exchange said the index finished at 2.114.8. up 19.7 points and said official indices
        1,246 words
      • Article
        Manila
        611 26 +61.11 Share prices closed higher on heavy buying, triggered by San Miguel Corp's better-than-ex-pected net income in the first quarter, brokers said. The Philippine Stock Ex- change composite index climbed 61.11 points to close at 2,695.71. The market tumbled on Tuesday after rising slightly a day earlier. San Miguel
        611 words
      • Article
        Taipei
        586 26 •22.2 The Taiwan stock index ended down in slow trade but the paper and pulp sector was strong on expectations that paper product prices will soar, brokers said. The index ended 22.20 points down at 5,453.14. Turnover fell to NT$3B.l billion from Tuesday's NT552.44 billion. Financials fell most due
        586 words
      • Article
        Saoul
        404 26 +1.46 Stocks closed a rumour-laden day slightly higher after an llpoint gain was wiped out by immediate profit-taking, brokers said. Speculation by an evening newspaper that the government may lift an 8 per cent ceiling on foreign holdings of Posco and Kepco boosted blue chips, they said. "As time
        404 words
      • Article
        New Zealand
        307 26 -6.38 The share market closed slightly weaker after a day of largely listless, directionless trade. The NZSE-40 capital index closed at 2,145.4. down 6.38 points. The fall closely matched the Dow, down 7.14 points at 3,681.69. Leaders were mixed. Telecom finished eight cents down at NZ$5.lO after its
        307 words
      • Article
        Bombay
        55 26 +22.16 Stock prices recovered from a weak opening and ended slightly higher on short-covering by speculators and fresh buying by mutual funds, brokers said. The Bombay Stock Exchange 30-share index closed at a provisional 3,937.28, up 22.16 points from the previous close. The 100-share national index closed at a
        55 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        783 26 Britannia Funds Stnrtiag Cash Bid Ofler Mim Cap Deposit M MOO M 6J00 Mim Jcnev Grfl 0.IK9J 0 144: Mim Mat Income *0970) ****** tSSCwk Income Plus Fund 4 4400 *****0 PS S Rnmt Fund 5 2500 5 2600 !i»lll EfAy Euro Performance ***** 044)1 Far Ea« Fund *2 7650
        783 words
      • Article
        London
        606 26 -133 Share prices closed lower yesterday, reflecting in part disappointment over a small cut in the German repo rate and an unenthusiastic reponse by New York to US data in a market craving a definitive lead after recent volatility. For the short term, dealers felt there was limited downside
        606 words
      • Article
        Paris
        122 26 +3.81 Ffench shares finished a touch firmer after several times dipping below Tuesday's close then rising during the day. One trader said the market's hesitancy was due to caution ahead of today's Bundesbank council meeting. The CAC-40 index closed up 3.81 points, or 0.18 per cent, at 2,152.36. Volume
        122 words
      • Article
        Stockholm
        123 26 -0.27 pc Swedish shares ended the day lower with rising bond yields, and a technical correction to the climb seen in recent days, brokers said. The OMX index ended down 0.27 per cent at 1,145.64 in fair turnover of 2.15 billion crowns. Index-heavy telecoms group Ericsson's B bucked the
        123 words
      • Article
        Frankfurt
        210 26 -0.06 pc German stock traders expected share prices to rise slightly in quiet post-bourse trade yesterday and session dealing today, with selected buying of second-tier stocks, stable bund prices and hopes for German rate cuts bolstering market sentiment. Dealers said the market was encouraged that the DAX index bounced
        210 words
      • Article
        Brussels
        154 26 -2.78 Belgian shares ended a day of narrow range-trading mixed to a little easier, with investors looking ahead to the fortnightly Bundesbank council meeting, hoping for a cut in German rates. The Bel-20 index of leading shares closed 2.78 points lower at 1,488.87 after spending the day confined to
        154 words
      • Article
        Amsterdam
        244 26 +0.14 Dutch shares recouped earlier losses and the AEX eventually gained 0.14 point at 424.08 on the back of options expiry, dealers said. Another dealer said that short-covering by options traders was the sole reason for the market. "Yesterday there were still some big investment companies, but today they
        244 words
      • Article
        Zurich
        275 26 •2.92 Swiss shares extended morning losses in afternoon trading. Dealers said financial shares led the market down, while few industrials saw gains. The stock market lacked a clear direction and fresh incentives, dealers said. Financials saw some pressure by selling of Lon-don-based investors. Most active ÜBS bearers eased 16
        275 words
      • Article
        Johannesburg
        282 26 +50 South African shares staged a firm recovery from Tuesday's lows as bullion looked to break back above US$3BO an ouncc and a softer finrand supported key shares, dealers said. They said prices had also found support from foreign interest in mining stocks. The overall index ended up 86
        282 words
      • Article
        Toronto
        295 26 +7.55 Toronto stocks firmed up in early trade yesterday, buoyed by a stronger Canadian dollar and bond market. The TSE 300 composite index was up 7.55 points at 4.302.96 in volume of 9.60 million shares valued at C 5111.79 million. Advances led declines 211 to 155 with 244 issues
        295 words
      • Article
        New York
        901 26 •14.57 Wall Street stocks dropped at midscssion yesterday. The Dow Jones industrial average was off 14.57 points at 3,667.12 at I pm EDT. In the broader market, declining issues led advances 11 to seven on New York Stock Exchange volume of more than 152 million shares. The New
        901 words
    • Article, Illustration
      Lock icon HONGKONG
      3067 27 Bloomberg Business News HONGKONG Stocks were mixed as jitters ahead of US consumer price data due out later yesterday prompted some investors to lower offers on shares that had risen for the past five days, traders said. The Hang Seng Index ended the day up 15.67 points, or 0.16
      Bloomberg Business News; Source: Bridge Info  -  3,067 words
    • Article, Illustration
      CHINA
      548 27 LOCAL sellers caused the CLSA Shanghai B index to shed another 8.44 points to 686.50. Trading was dispersed. First Pencil lost 18.4 per cent from Tuesday's closing, while Jin Jiang Tower was down 7.7 per cent. Hero was the best performer in the market, gaining 14.7 per cent, but
      548 words
    • Article, Illustration
      Lock icon TOKYO
      2536 27 Bloomberg Business News TOKYO Stocks rebounded from two days of declines yesterday amid signs that a political struggle over who will be Japan's next prime minister was abating. Leaders of coalition parties were likely to choose Foreign Minister Tsutomu Hata as the next prime minister, Japanese newspapers said in
      Bloomberg Business News; Source: Bridge Info  -  2,536 words
    • Article, Illustration
      Lock icon JAKARTA
      1133 27 Bloomberg Business News JAKARTA Indonesian shares rose as investors decided stocks looked attractive after six straight trading days of declines, traders said. With concerns that about possible US interest rate hikes easing, investors focused on earnings potential. The Composite Index rose 5.7 points to close at 462.61. Volume was
      Bloomberg Business News; Source: Bridge Info  -  1,133 words
    • Article
      CLOB INTERNATIONAL
      2681 28 MOST ACTIVE vduw Mulpha Intl 50c 13.010.000 Promcl 10.*****0 Idns Hyd 50c 1.131.000 Asia Pac Ul 7.954.000 Kamunling 50c 6.M2.000 AMDS JOc 5.310.000 Jotian Hides 50c 4.105.000 Bcnaya M. 3.967.000 B Raya TSK97 3.870.000 Fiber Group 3.663.000 Scl Drcd« 50c 3.466.000 Pcgi Msa 3.437.000 Kcnoni Bhd 50c 3.331.000
      2,681 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Rally cut short by investors anxious to sell
        5709 28 Bloomberg Business News KUALA LUMPUR Stocks closed little changed as a blue-chip rally on Tuesday and early yesterday fizzled when investors trying to cut their losses saw the price rise as a chance to get out of the market, analysts said. The
        Bloomberg Business News; Source: Bridge Info  -  5,709 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7121 29 MAIN BOARD Transaction date: Apr 13 Gr Or IWJ/M Last Vol Day Last Qaotc Dt* Di* %M N« M Cap High Loo Company Sak (*000) High Loo Bayer Selkr Or WE Wl INDUSTRIAL AND COMMERCIAL 1440 260 t s Acma 960 cd -20 101 1000 960 950 %0 17.5 2.1
        7,121 words
      • Article, Illustration
        Lock icon Prices weaken as institutions reduce buying
        1896 30  -  By 1 Paul Leo SINGAPORE The buying frenzy on the local bourse lost some steam yesterday after two days. The Straits Times Industrials Index remained firm throughout the morning and early afternoon trading, touching a high of 2,245.81 points before easing to end at
        Charts by Bridge Info; Source: Bloomberg  -  1,896 words
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      210 19 NEWS VALUE How today's news might affect your slocks Dynasty to dose far six months (pg I) No real impact on CK Tang which has no interest in Dynasty Hotel. But settlement of family feud good for C K Tang as the Tang family is its biggest shareholder. Regional bonrses
      210 words
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      338 20 1^ ISSUES PROBLEMS IN USING (APPLYING) UCP 500. (A review of Hie changes intjoduced by UCP 500 with particular emphasis upon issues not resolved or raised by UCP 500 problems encountered in applying the revision) /O, A PRESENTATION BY A PROFESSOR JAMES E. BRYNE Editor-in-Chief of Letters of Credit Update
      338 words
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      6 20 Dividends table has been held over
      6 words
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      928 21 ADVERTISEMENT fcALLING ON TECHNOLOGY —^IMI v. iV 1 I BS-'s'rro h *i... .Jl An urgent delivery? TNT Express Worldwide 1H I uses the latest 1a J* telecommunications J*-- V iil^^H technology to help their nSflAl staff serve their Hb Wi^P r customers better. fir 7 I /im UjLk In today's
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      494 22 2ND ASEAN FORUM "Strategies and Sources of Financing to Strengthen ASEAN's Infrastructural Capability" April 25 27,1994 Le Meridien Jakarta, Indonesia (Officially endorsed by the Indonesian Chamber of Commerce and Industry, KADIN) Indonesia: Blueprint of 25-Year Plan Making Of An Asean Community: AFTA/EAEC/APEC/ NAFTA: To Become An Industrial Giant The Case
      494 words
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      46 23 If you are tired of hearing umpteen of these excuses, and not payments, it is time you seek the help of professional bill collectors. Renown Credit Management Pte Ltd A member of the American Collectors Association (Collections Worldwide) 2B Shrewsbury Road Singapore 1130 Tel: 337 2255
      46 words
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      Page 23 Advertisements Column 2
      440 23 2 ifLiiwo m J9 Integrated Engineering Limited (Incorporated in the Republic ol 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 at the Company's registered office at 325 Telok Blangah Road, Singapore 0409, on
      440 words
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      17 25 ideal in cameras. Andlknow whereto getgood exposure. low pissy pt eaejis Call today for results tomorrow. 737-1166
      17 words
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      Page 25 Advertisements Column 2
      43 25 \s and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 737-1166 Make the connection through The Straits Times Classified when you're yJk looking |or jf\Ng bargains or looking for 1 customers. CJLSM. acalL
      43 words
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      146 26 ■{Biff I Please tell me more about the Philips Pocket Memo (model 597) and Dictation System (model 670). Name fl? .NOW YOUR MEETINGS WILL NEVER END IN MID j Address Tel: —Mail to: Philips Singapore Pte Ltd. Consumer Products Division, I Lorong I Toa Payoh. Singapore 1231. Tel: 350 2519,
      146 words
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      116 27 ■H|v^ 1 vV l Since 1733 there has I never BEEN A QUARTZ BIANCPAIN WATCH. p JhH AND THERE NEVER WILL BE. Dn sintaixxc 1111. ito»)K oiass* imky pui/j n-i mtuon ivx l \nn\<m TiH 7M IVMVfiOi Peninsula Haui.lH ii7r«OW)WVi6) W«*W Tiadc Cent le Tel 77:***** PaUis Rciwivvmie Tel 7T)l262ft4'J
      116 words
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      65 28 s WATCH FOR THOSE WITH j^SHI *?n 9 T t H [^^2^, N J /ATCH f^^ W^!d£5 Y PTE LTD CHOPARD BOUTIQUE: WISMA ATRIA 435 Orchard Road 102-36 Singapore 0923 Tel: *****51. DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchard Road #01-03 Singapore 0923 Tel: *****00. CENTREPOINT 176 Orchard Road 101-05/06
      65 words
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      0 28 (|?{.''_-.,+-]<=|{:^-,";@\@>`+'
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      120 29 ID *y BLANCPAIN n NEVER BEEN A QUARTZ DLANCPAIN WATCH. And there never will be. Singapore Tin: HOUR 01 ASS UK% WaM Tfcl T'I424XVI SonlU. Tfcl 2W6M7/7IWI Ccntrcpnii* TW 7*4l*Wftol PcninttiU Itd/jTcl i)7n«W)iHVi6J World Tid<k; Cciilrp Tc-I 27J1007 ftUtltawiMKe.lfel 7111 262/Wl. Kaflles. 1H 3*0241 CKm#' Airport Terminal UEart {.West Win«s|.
      120 words
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      269 30 THE COMPANIES ACT, CHAPTER 50 REPAIR A MAINTENANCE PTE LTD (In Voluntary Liquidation) At an Extraordinary Qaneral Moating ot the Company hold at 3918 Orchard Road Towor B •15-09 Ngoa Ann City Singapore 0923 on 14 Apr! 1994 the following specitf resolutions were passed: I) that the Company be wound
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      18 30 NOTICES EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. m Business Times
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      573 30 BANK OF CHINA U*****400,000 FLOATMG RATE NOTES DUE 1907 In accordance with the provisions of the Note, notice is hereby given that for the six-month interest period from 14 April 1994 to 14 October 1994, the Note will cany an Interest Rate of 4.875% per annum. The interest payable on
      573 words
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  • Shipping Times
    • Article
      Lock icon US shipowner Ole Skaarup to build giant oil tanker
      435 31 40,000-dwt product tanker will be first to be built in US in 10 years Lloyd's List NEW YORK The first oil tanker to be built in a United States yard for almost a decade is to be constructed by Con-necticut-based shipowner
      Lloyd's List  -  435 words
    • Article
      Fednav orders four bulkers from China
      465 31 LONDON Fednav, Canada's largest ocean shipping group, yesterday signed contracts for the construction of four new deepsea bulk carriers with a Chinese yard at a cost of more than Csloom (SSII4 million). Specially designed to operate in and out of the Great Lakes/St Lawrence
      465 words
    • Article, Illustration
      Lock icon Strike shuts down Venezuela's ports
      149 31 Reuter CARACAS Venezuelan transport union leaders yesterday called for a half-day strike that could paralyse the nation's airports and docks. "From 9am (1300 GMT) until 12 midday (1600 GMT), the country's ports and airports will be closed," Blastoni Gonzalez, president of the association of air
      Reuter  -  149 words
    • Article
      Lock icon S China Sea collision leaves 1 dead, 11 missing
      180 31 AFP SINGAPORE A Russian ship and a Thai fishing boat have collided in the South China Sea killing one person, the Singapore Marine Department said yesterday. A Marine Department spokesman said that 11 people were missing after the collision on Tuesday
      AFP  -  180 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      830 31 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
      830 words
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      Lock icon Pirates roam Bay of Bengal
      484 31 AP COX'S BAZAR, Bangladesh They don't fly the skull and crossbones, but pirates who prey on fishermen in the Bay of Bengal are every bit as ruthless as Blackbeard and Captain Kidd. Disguised as fishermen, weapons concealed in their motorboats, the pirates often attack trawlers,
      AP  -  484 words
    • Article
      Lock icon Grain charterers find it hard on the Atlantic
      397 31 Reuter LONDON Grain trading on the Atlantic continues to present problems for charterers, especially those wanting to cover April loading positions, brokers said on Tuesday. Bunge, Toepfer and Cargill were all said to have April panamax requirements from the US Gulf to
      Reuter  -  397 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        786 32 Voy Wo Berth Arrival Departure Vessel Voy No Berth Arrival Departure iurong Port bm s«eed 13/94* poia 1304 2030 1304 ?ijo Bataw Baiu 631/ 17 alongside 14 04 2000 Balam Speed ****** POM 14 04 7130 14 04 7730 Bennews 1989 1050 94 6 alongside 14 04
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        CONTAINER SCHEDULES
        1999 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From V, Ok, 051* 16 1500 28 13/1700 14/0(69 14 M00 3 14/0/00 14/1159 14/1400 4 14/1200 14/1459 14/1700 Ad fendiro iK»4
        1,999 words
    • Article
      THE SHIPPING GUIDE
      11466 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,466 words
    • Article
      SHIPPING AGENTS
      3278 45 Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pie Ltd (SVAccord Contr Line (PK/PN). Ad km Business Corporation Philippine Cal source Shpg Trdg Pte Ltd (S) Ahrenkiei Liner Service: Kim Shpg Trdg(S). Übatros Sea-Air Service: Frata Shpg Pte Ltd I S|. AMwd C loepfrr
      3,278 words
    • Article
      COURIER SERVICES
      282 45 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express lra»d Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716 *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975 Citx-Link International Tel: 344-3377. Fax: 345-6450 Cluster Link Supplies A Sen
      282 words
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      AIR FORWARDERS
      1506 45 Abex FApress Freight Td: 542-7171. Fax *****84. clinic Forwarder Tel: 225-1833. Fax: *****42. Aclivtir SimniDore Td: 542-7821 Fax: *****20. Arrotiak Freight International Tel: 545-8033. Fax: *****05 Te1"542-5911. Fax: *****18 Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666 Fax *****74. *****50. Air Market Express
      1,506 words
    • Article
      PORT CONDITIONS
      2363 46 ALBANIA Dunes: Four vessels in port operating of which 1 discharging gasoline, I general cargo. 1 feldspar on pallets. 1 bagged cement, 1 vessel waiting in roads to discharge bagged flour. ANGOLA 1 nand*' City quiet; port working normally with no delays reported. Lobito, Namibe: No delays reported.
      2,363 words
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      CRUISE & FERRY SCHEDULES
      684 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Art Dep Name of Vessel ETA ETD Ports of CaUs Port Agent Telephone No APRIL 15 15 Renaissance 2 1130 2030 Port Klang Lines Int'l Holdings 224-2763 Cruise to Nowhere 15 15 Delfin Star 1300 2030 Jakarta Sin Ocean Trade Chartering 299-0366 Port Klang 15
      684 words
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      SHIP SALES & TANKER RATES
      689 46 SHIP SALES TANKER RATES 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 to
      689 words
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      COCKETT BUNKER MARKET REPORT
      910 47 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. Ihe Cockett Bunker Price Index change and
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    • Article
      TRANSPORT DIARY
      465 47 COURSES Title: Import/Export Shipping Procedures (SDF 50%) Duration: Apr 14 June 2 Organiser: Elim Management Services Tel: For further registration contact 292-5670. Title: PSA Shipping Delivery Warehousing Procedures Duration: Apr 18-22 Organiser Port of Singapore Authority Tel: For further details/registration contact SPI at 321-1707/321-1824/321-1825 or fax: 321-1416. Title:
      465 words
    • Article
      DAILY FREIGHTS
      1897 47 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1.246 on Tuesday from 1.239 on April 11. Activity is still focussed on South America, with rates buoyant for Panamax tonnage, brokers said. Andre paid U559,250 daily for the 55.748-deadweight-tonne Suerte from Ghent for an east
      1,897 words
    • Article, Illustration
      Lock icon Vietnam: the century's last gold rush
      994 48 The lifting of a long-standing US trade embargo against Vietnam has led to many shipping lines rushing to announce new services to this formerly isolated economy Seatrade Week Newsfront ARRIERS didn't M waste any time es,l tablishing and expanding service to Vietnam after President
      Seatrade Week Newsfront  -  994 words
    • Article
      TIDES AND WEATHER
      555 48 TODAY'S TIDES (height in metres) HOIft 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 29 2.9 2J 2.3 1.7 1.1 0.7 05 0.4 0.6 1.1 1.7 22 2.5 25 2.3 1.9
      555 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Fedex explains its choice of Philippines as Asian hub
        393 50  -  By Alec Almazan SINGAPORE When Federal Express (Fedex) announced plans to open a regional transport system in the Philippines, it was greeted with a lot of scepticism. "A lot of people thought we were crazy to set up a transport hub
        393 words
      • Article, Illustration
        Lock icon Virgin, Delta forge trans-Atlantic deal
        365 50 Reuter LONDON British long-haul airline Virgin Atlantic Airways and US giant Delta Air Lines Inc agreed to a North Atlantic alliance on Tuesday giving Delta access to London Heathrow by bulk-buying seats on Virgin's flights. The airlines said that from November, Delta will pay in
        Reuter  -  365 words
      • Article
        Lock icon UAL to see debt rise, equity fall under restructuring
        432 50 Bloomberg Business News WASHINGTON UAL Corp said on Tuesday its plan to give employees control of the airline will increase company debt by about US$7BO million (SSI.2 billion) and initially reduce shareholders' equity by about USSI.S billion. In return, the recapitalisation
        Bloomberg Business News  -  432 words
      • Article
        Lock icon British Midland cruises above air industry turbulence
        559 50 Bloomberg Business News PARIS British Midland chairman Sir Michael Bishop has one thing to say about the International Air Transport Association's recent forecast of US$4.5 billion (Ss7 billion) in losses for international airlines in 1993: "That number doesn't include us." It's a sad
        Bloomberg Business News  -  559 words
      • Article
        Lock icon Air France rescue linked to opening of market: EU
        137 50 Reuter PARIS European Union Transport Commissioner Abel Matutes said the 20 billion franc (555.3 billion) recapitalisation of Air France should be tied to the opening of the French market for air transport. Mr Matutes on Monday told reporters after a meeting
        Reuter  -  137 words
      • LOG BOOK
        • Article
          Lock icon Cyanide cargo falls into sea off Chile
          123 50 Reuter SANTIAGO Containers holding 54 tonnes of highly-toxic sodium cyanide have fallen off a ship into the sea off the Chilean coast, the Chilean Navy said. In a statement on Tuesday, the Navy said it has declared a three-kilometre security zone around the
          Reuter  -  123 words
        • Article
          Lock icon Martin Marietta wins defence deal
          105 50 Bloomberg Business News BETHESDA, Maryland Martin Marietta Corp said on Tuesday it won a USssl3.B million (5521.8 million) Air Force contract to improve the accuracy of more than 70,000 existing Air Force and Navy munitions. The project, known as the Joint Direct Attack Munition system,
          Bloomberg Business News  -  105 words
        • Article
          Lock icon Kansai airport to open on Sep 4
          116 50 Knight-Ridder OSAKA Kansai International Airport will begin operations on Sep 4, the company running the airport said yesterday, Kyodo news service reported. The Kansai International Airport Co said more than 95 per cent of construction at the airport has been completed. The only
          Knight-Ridder  -  116 words
        • Article
          Lock icon China airline to buy Boeing planes
          68 50 Knight-Ridder HONGKONG China's Southwest Airlines will buy six Boeing passenger jets this year, the official Xinhua News Agency reported yesterday. Airline officials were quoted as saying Southwest will buy four Boeing 757s and two 737s this year. The cost of the jets was not
          Knight-Ridder  -  68 words
      • Article
        Lock icon Europe's car producers, suppliers sign accord
        257 50 Reuter BRUSSELS Europe's car manufacturers and component suppliers forged a pact on Tuesday aimed at cutting costs and increasing the European industry's competitiveness through better cooperation. "Very very important savings can be achieved," president of the European Automobile Manufacturers Association (ACEA) Giorgio Garuzzo said
        Reuter  -  257 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1397 50 CHy nw* ETO mi TO AtaDfcaM GF146 1120 GF147 1850 GA965 1435 AMaMt QF81 1925 QF82 2055 SQ228 1955 Awitwttow KL843 0505 KL838 2300 SQ25 0630 SQ26 2355 GA975 1255 KL837 1450 Atfc— SQ347 1725 kmeUmi SQ286 2040 BA11 1505 SQ288 2045 SariBacMM BI421 1105 SQ182
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      0 31 \?<)&$(`[_!=[)_(:=({{,{;?~)*?.&
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      Page 31 Advertisements Column 2
      46 31 Vietnam: the century's last gold rush, Page 18 Fedex explains its choice of Philippines as Asian hub, Back Page AA aajpmlAAA raaraaaatail ka« UMt MO MrVKM W./*a—lfl\ lliitin «f Mm i»g»itoy «f IkwiiM |?hS™»] «yi«t y*. a#- vl|jr// For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 31 Advertisements Column 3
      40 31 the FAMOUS Imk/imem ■BEXBEII 224 1833 For more information please refer to Pf. 13 (s^)o H DOLLARS SENSE You don't have to be an Einstein to get relatively good returns. Personal Finance Investment. Every Saturday. Singapore# m Business Times WFfMPTASM
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      477 32 m* TSKUNE AGENCIES (S) PTE. LTD. AtfßU T V T TrnTF Tei: 226 3363 I fjHH J. .3#JV M JIM t Fax: 226-1972/3 -1 Tlx: RS *****/TSKSIN. TOKYO SENRAKU KAISHA, LTD. CRNo: 1183^8oooon i aNnts t6 tutm tmm mm mtLr 1 WWW wf rH *r* WWw <it 1 ACX ULT
      477 words
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      Page 32 Advertisements Column 2
      1318 32 I I MMCF TO MA MtT COAST (tevJHMt eiUMflltt BOMin TB BAST MnmMAMWI flUi COHTMMIMWK:' P' ..IV. .:%•?£♦**,<£.. I I «T "ItF 5C I »a 1 miTw" flit Iff mL csm tmm mm- tiw aleianma- »'|n«r w unrnt- <jm LlLircmitl MEHCURT CO IMU 30* 25 I is I 551 34
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      2285 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES A 7 7«C I I O tci *****13 FAX! *****42 PETALINQ JAYA TEL; 03-*****76 FAX. 03-*****42 DOCUMENTATION TEL: *****55 <INWARD)/*****90 (OUTWARD) PENANG TEL. *****4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 D air 11-» n ,OD.UC» CUSTOMER SVC TEL: *****92/*****91/*****93
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      Page 33 Advertisements Column 2
      2108 33 unmssma U. S. A. /CANADA 3 TIMES A WEEK SL-EXPRESS V.208E ETA SIN 17TH APRIL 94 MAGELBY MS V.9404 ETA SIN 19TH APRIL 94 ANDERS MS. V.9406 ETA SIN 20TH APRIL 94 V«M VOy ETA ETO FmMml Oy rn DESTINATIONS This w«ek MAGLEBV MAEBSK V 9404 aWIPiiW^HUM—■ 19/04 0000 MRS
      2,108 words
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      1493 34 AOABA R-DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) S'TON H BURG A WERP HAVRE MALAYSIA HANNOVER EXPRESS 19/314 16/4 25/4 2/5 4/5 7/5 9/5 11/5 Poft Ke<ang penang THAMES 22/115 20/4 7/5 10/5 6/5 Pasir Gudang KAI 07/315 23/4 2/5 9/5 11/5 14/5 16/5 18/5
      1,493 words
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      Page 34 Advertisements Column 2
      624 34 A H J. UillW AFGHANISTAN MAM Afghanistan Ltd, Hairatan, Torghundi, Islamqala (Doqharun) I C.1.5./RUSSIA: Vostochny, Vladivostok, Moscow, I, Baku, Tashkent, Irkutsk, Alma Ata, Ashgsbsd, Dushanbe I i N Korea: Pyongyang, Nampo I Mongolia: Ulaan Bator L FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL sm DKR CGM Normandie V 2104 19/4
      624 words
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      1196 34 NORASIA VSL/VOY SIN ALG BCL VAL HAM BRE ROT FEL LHA f NORASIA SUN 9414-3 15/04 06/05 09/05 10/05 11/05 12/05 13/05 14/05 15/05 15/95 I NORASIA PEARL 9415-3 20/04 11/05 14/05 15/05 16/05 17/05 18/05 19/05 20/05 20/05 I NOR ASM PRINCESS 9416 3 27/04 18/05 21/05 22/05 23/05
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      1573 35 H STRAITS SHIPPING PTE LTD 10 Hot Chiang Road #11-01 Kappd Towers Singapore 0200 Tol: *****00 Fax: *****17 ■UIUBMIkIMIMMLmUMMUJMMIIM WK NEW GUINEA PACIFIC LINE MSfIBIMiHMMHBHfIffIHHIBMIIHyMI fSxEtf <a service of china navigation co> accepts >aWy» CARGO ME SMU STRAITS VENTURE VIOE Muara. lab 14-15 Apr 16 Apr 17 Apr FCL, ICL
      1,573 words
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      Page 35 Advertisements Column 2
      1832 35 SINGAPORE AGENT: ■wdK P&O Containers (Singapore Agencies) Pte Ltd I Ql% W jilll|,dl 11CI 9 10 Hoe Chiang Road #07-01 Keppei Towers. Singapore 0208 Tel 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 W *jr""' %T-*\ CR Number: **********0Z EXPORT IMPORT VESSEL VOV 'MO 'KO MM SOU ANT
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      573 36 EKA JAY A AGENCIES TEL: *****22 (t LINES) FAX: *****05 SALES REPRESENTATIVES M CHARGE > T6 VIETNAM/hdNid (^Ag^WBT MMt ww Siw WT lOA MMC EUBUB U2i_ JLEI zn ii/m BUBO mi-Jim DJHUI 2122 im Jim ub am-jam HW Ull Itt/H K73 la/w HO CM MINH QEN AGENT: CENTER-POMT LINES T«fe
      573 words
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      Page 36 Advertisements Column 2
      1373 36 OHANJIN SHIPMNG I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 I SALES TEL:- 326Q222-233 CU j iEWT 32C0271 _"5! 5 FDR VSL rinLM HAUL II IN PH *R BB IISE NM& U« U RTC I HARM 800 0111 15/4 OBECT 5/5 4/5 7/5 HM— HBO 1111 15/4 B. BROPCIIX IJ/5 21/5
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      Page 36 Advertisements Column 3
      1246 36 d-1 rl "T3"3^"i^ In nt a» lit w it ob ibt as no ui at m rc in mm mm n» m no as m hp I L OKI B-04S n 11/4 21/4 22/4 25/4 21/4 27/4 21/4 21/4 a/4 11/S 24/5 24/S 27/5 l/( 7/1 l/« 0/4 lt/t 2t/«
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      1938 37 'NORMANDIE BRIDGE 31W' ETA SGP 16/04/94 II II m II ETA RDM 02/05/94, FLX 03/05/94, H H BB fWnr II BRE 05/05/94, LEH 07/05/94 n HI ti ciwt—i cn—ian Np— »n WW n/»«/>4 H 'R2 Canmcttat CaWontfa tm% 72E In NK6 36/04/34 I *R9 Cw—mwi Naptma CypriM Voy Mi to
      1,938 words
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      Page 37 Advertisements Column 2
      1072 37 I A I MULTILINE SHIPPING PTE LTD ■V (a member of SVtSOV Group) CR NO: **********0 C ENQURIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****57 INVENTORY: *****59 AGENTS:
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      1413 38 44 AS AGENTS: "I" UK (SWfiAfOK) PTC LTD (d NO; *****73NMM/6ST KfiKh M2-N1739M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 V MALAYSIA: TUK MAMTMI (MALAYSIA) SON MB TEL SA *****00 PK *****75 PEN *****0 JB *****' PGU 5'8625 6 INDONESIA: P.T. SAAAMA LAUT MTBWUSA, TEL: JKT *****08 ttafQUT \*,AMweiiMfincwmmrr I
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      Page 38 Advertisements Column 2
      1045 38 @APPENSHIP /2\ HAMBURG V7v 1 CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE/tOAONG FOR RUMMER HAM 30/04 SPORE 29/04. BKK FRUITION KLA 26/03 ANT 05/04 SPORE OS/OS BKK LORELEY HAM 23/03 ANT 28/03 SPORE 14/05 BKK. LAEM KOALA CONTAINER LINE STORE FIX
      1,045 words
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      952 39 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I 58S?■ CR NO **********0E I t VESSEL VOY SM CMS J» JED AOJ AOE HOO PZU ASA K OTA BERK AT BKTOO9 18/4 23/4 29/4 9/5 17/5 1/5 20/5 24/5 KOTA MO AH IDHOO7 22/4 27/4
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      615 39 jvmm wr aw it havik hahburg ihaks noiunpm antwirp MLLI H TUCANA UO3W U/04 11/05 13/05 14/05 IS/OS 17/05 HANSA CAMKR RO3W 30/04 22 05 2«/0S 25/05 »/05 2»/0» mil DC C Alt MA CO3W 04/05 ?»05 30/05 31/05 01/0* 03/06 Mill K SAGITTA SO3N 01/04 03/0* 04/0t 05 0t
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      Page 39 Advertisements Column 3
      474 39 lAVCU I SHIPPING TEL: *****88 FAX: *****00 J DIRECT REGULAR SERVICE J JAKARTA SURABAYA ACCEPT CARGOES TO ALL OTHER INDONESIAN PORTS WITH TRANSHIPMENT AT JAKARTA OR SURABAYA DESTINATION ETA ETD VSI JAKARTA 19/4 20/4 P. JAWA I 30/4 1/5 f KALMANTAN J I 4/5 5/5 f SUMATERA 9/5 10/5 f
      474 words
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      Page 39 Advertisements Column 4
      435 39 BSAI MYANMA n& FIVE STAR LINE Vr (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI{ Pen P.Gd| RUVAI HUOHU VIW In Part WAAN V2OIW Sid PAGAN V2O9W 20/22 Apf HPAAN V2O2W 2S/30 Apr MALAYSIA AGENTS BOUSUAO SMPPMG AGENCCS All TEL 03 *****00 PKI TEI 03-*****67 PEN: TEI 04 -*****5
      435 words
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      1004 42 !>;[~;'~,&*;..|"!=@}:\{=%+`?;$` /^JORBUU^ I AZ3# NOIWULK CARGO SERVICES LTD. 1 I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES MLAGRO 20/4 23/4 FLU/ANT/UK I MMMASTOS 2S/4 Safcd FIU/Mff/NAN/UK I ISP PK LOMXNG FOR I NORBULK TBN 20/4 DBM/EL I M.SO LOWS T6 MAN! AND KK I PK SWK/SABAH LOMNNG FOR NORBULK NAM*)
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      181 42 TO AUSTRALIA/NEW ZEALAND f*s Ski Fraa Ma* iH tack P. CM* WfTNERftN 32W uTi 24/4 27/4 CUIN HUM 32* li/4 23/4 29/4 2/5 7/5 55 MBKI 327 5/5" 12/S 17/S 20/S TVS 5/5 SHM i 32* 575 II 55 575" 175 VU MjCKIM) TO USA/CANADA m in GJ»port Chjrtntan PMUOafu
      181 words
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      607 43 (ft 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 MAR SE HE/FRANCE 19/4 FaiXSTOWE/UK 17/4 BARCELONA/SPAM 18/4 LEHAVRE/FRAWCE 18/4 GENOA/ITALY 18/4 ANTWERP/BELGIUM 18/4 LOS ANGELES/WC/FI 17/4 SYDNEY/MELBOURNE 16/4 NEW YORK/EC 17/4 FREMANTLE/ADELADE 15/4 VANCOUVER
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      827 43 HUM Ed M. Tu 1,74 M BUMQA SEWOJA 4051 TMI In PI St H/4~ VOY SM BKK BHATWA BHUM 2SS tot IS/4_ Tw 11/4 THANA BHUM 37N Fri 15/4 Sun 17/4 MB WANT A BHUM I—W St 1«/4 Tw M/ 4 WAMA HUM 224S Tw IS/4 Sat 23/4 B UiA
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      Page 43 Advertisements Column 3
      557 43 Guaranteed Sailings to: BANGKOK LAEM CHABANG JAKARTA PORT KELANG jt •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG i We also serve other ports: USA, EUROPE\ CHINA AND ALL DESTINATIONS w In mSML MB M fl n K NOHBKONB GLOtY VMM 21/4 13/4 24/4 V 5 7/5 Ma* V4MM 27/4
      557 words
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      1566 44 Uv W MNBfIMMM 8»U (064) *****9 KUCHINQ (062) *****3 PENANGfc (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 PJCELANGe (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 i I HKG/TWN/BKK I GENOA/EUROPE I PEN PKL SIN 5 SMLM6S/WEEK PEN PK SIN 5 15/4 16/4 17/4 Hong Kong Gonoa/Barcelona 22/4 23/4
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      Page 44 Advertisements Column 2
      213 44 I SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD m hi iti sratf rati keimk knurs BLUE UK 25/4 26/4 loading tor Mdtr RUVN HUDHU 28 4 Dnchaiging afid loading tot Bom bay DOIfNM X« 24/4 L o-Kkng Fot Mak mcnSVKMI 30 4 28 4 loadmg fo4 Mak IMEEDH
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      Page 44 Advertisements Column 3
      1087 44 f JL THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01. SINGAPORE 0207 I I V/ \<y TO-: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRER, RS ***** JENHOi CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL WT S PORE PEST ~*VESSEL |VOT ISTORE [PEST EQUATOR ROYAL 99/4E
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      42 46 iiiim nil II Will 111 lIT 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 Pr**» HokHngt
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      438 48 vessel :rr VIGOUR LUZON 9416N 15/04 (FRI) 23/04 (SAT) WGOUR LUZON 9416 AN 18/04 (MQN) I 2?/04 (SAT) I *2^"™ MM MflflE 9417W 22/04 (FRI) 26/04 (TUE) DAT w AT PERMOVAISK 9401N 25/04 (MOW) I 30/04 (SAT) 1 VESSEL VOYAGE SWGAPORE GENERAL SANTOS CEBU NKOLAY MOROZOV 9416E 19/04 (TUE) 25/04
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      Page 48 Advertisements Column 2
      118 48 +@_/}&+-~&*.)~_.;'-[<\'^=[}=_$! PT BAHARI HALUAN SAMUDERA Weekly COMMON FEEDER SERVICE VESsa wt awwog row khahg belawaw TAMBANG VM 1019 25 26/04 2*30/04 TAMBANG VII 1020 0203/05 06-07/05 MXMESMN VMTfORT 1) lAKARTA-KLAWAM-lAKARTA 2) MKARTA-PMtMNG-MKAItTA-SQMItAMG-SUtAMYA-SQIMMMG-JAKARTA ORIENT FREIGHT SERVICES PTE LTD m 163 TKAS STREET #KMIS kl UAN HUAT BUILDING STOKE 0807. J TEL:
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      Page 48 Advertisements Column 3
      204 48 I i-COSCO^ COSCO FULL CONTAWER SERIES (FCL/FCL) EXPORT TO: CHMA/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST/EAST COAST PERSIAN GULF/KARACHI Pteaae refer above mentioned services to China Ocean Shipping Co. Advertisement in Page 12. CMNA/SXA. FULL CONTAINER SERVICE VESSEL PEN+ PKL+ SGP HKG SHA OIN LUANHE/IS3 16/04 17/04 19/04 24/04 27/04
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      Page 48 Advertisements Column 4
      19 48 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. BusmessEmes
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  • Page 48 Miscellaneous
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      Page 48 Miscellaneous Column 1
      128 48 TODAY'S WEATHER AND SEA CONDITIONS L£GEND: RThundwstorm Tem^" 'C Weather Wind dnclian with speed n knots 5 0 1 Wove height Cloudy Sky Sarfece Mdl we ndicoted by onowi wkch fly villi At 0 One fvJ circle letmwntt calm or hght and variable winds I One had Heche represents 5
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      Page 49 Advertisements Column 1
      842 49 I HYUNDAI I MERCHANT MARINECO^UD. WESTBOUND TO EUROPE BKG: *****61 IWW I IKE* rep* I VESSELS VOT I sm I RTM I ANT* I LEH* HAM BRLt EEL 13/04 15/04 16/04 H. PIONEER 3099 l«/ 04 06/05 07/05 09/05 07/05 07/05 10/05 20/04 22/04 23/04 H. FRONTO 3109 25/04 13/05
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      Page 49 Advertisements Column 2
      484 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS KSttl NT V n UC U mm mm nt ui i«/« ii/i TUB am Ml 17/4 rat urr nr m a* is/« (MK TUMI MS IS/« 17/4 MOT *15 27/« M/« 1/5 W> )/i su im m 11/4
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      Page 49 Advertisements Column 3
      1021 49 WT SBIETA/P LAX OAK |CH PAL I MEM/COL IHOU NYC [NOR tOKT UPSON BRPGE 744 21 22/04 OR/OS 10/05 11/05 12/05 12/05 13/05 13/05 14/05 AUJ6ATOB WCTORT 52A 24-25/04 15/05 17/05 11/05 15/05 15/05 20/05 20/05 21/05 MftCWNAC WDg 744 05-04/05 22/05 24/05 25/05 24/05 24/05 27/05 27/05 24/05 AUJGATQR
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