The Business Times, 15 April 1994

Microfilm: NL19091
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Friday April 15 1994 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 3.56 points
      57 1 Reuter NEW YORK Blue-chip stocks rose at mid-session yesterday, buoyed by gains in oil shares. At 2pm EDT, the Dow Jones industrial average was up 3.56 points at 3,665.03. But in the broader market, declining issues led advances 5-4 on New York Stock Exchange volume
      Reuter  -  57 words
    • Article
      Lock icon Italian tycoon to testify in graft case
      63 1 Reuter TURIN, Italy Tycoon Silvio Berlusconi, expected to be Italy's next prime minister, has been summoned to testify in a corruption case involving one of his companies. Judicial sources last night said magistrates wanted to question the businessman-turned politician next week about allegations
      Reuter  -  63 words
  • Article
    Untitled
    152 1 mdnt IMHms Thursday Change STII 2,237.37 +5.71 KLSEComp 1,021.30 -8.15 Nikkei 19,987.20 -73.21 HantSeos 9,600.63 -153.13 SET Index closed Jakarta Comp 467.38 +4.77 CLSA China B 995.91 +22.75 AustAllOrd 2,095.0 -19.7 FTSE 100 3,131.7 -14.1 Tharsday Picrim 2pm dose Dow Jones 3,665.03 3,661.47 Average 0! prime or •qaivatofit lending rite
    152 words
  • Article
    S'pore hotels can expect high occupancy rates to continue
    501 1  -  By A J Leow, Abdul Hadhi SINGAPORE Local hotels have been experiencing exceptionally high occupancy rates this year, and industry sources say the situation looks like continuing for some time. The past week saw most hotels fully booked, with some of
    501 words
  • Article
    Room rates likely to go up by 15pc
    268 1 SINGAPORE Several leading hotels will be raising their room rates by up to 15 per cent before the second half of the year. Hyatt Regency's director of sales, Brandon Chan, said the hotel would raise most of its published rates by $10
    268 words
  • Article
    S'pore offers to host first WTO ministerial meeting
    405 1  -  By Genevieve Cua SINGAPORE Singapore has offered to host in 1996 the first ministerial meeting of the World Trade Organisation (WTO), a body which will be formed next year to replace the 47-year-old world trade watchdog, the General Agreement on Tariffs and
    405 words
  • Article, Illustration
    Chinese team begins US visit to boost trade, diplomatic ties
    359 1  -  From Leon Hadar in WASHINGTON A LARGE delegation of Chinese trade officials is starting a two-week visit to the United States in the hope of improving trade and diplomatic relations between the two countries. The trip comes as pressure from
    359 words
  • Article
    Lock icon Dollar buying sparks talk of G-7 move to force down yen
    347 1 Reuter LONDON Dealers said waves of US dollar-buying against yen by the Bundesbank yesterday on behalf of the Bank of Japan raised speculation that the Group of Seven are gearing up for a combined assault to push the yen
    Reuter  -  347 words
  • Article
    Regional bourses close mixed
    307 1 SINGAPORE The regional bourses ended mixed on low to moderate volume yesterday. In Singapore, the Straits Times Industrials Index managed to rise 5.71 points to 2,237.37 on selected blue chip buying. Turnover was a low 96.1 million units valued at 5326.12 million less than half the
    307 words
  • Article
    Lock icon Clinton: Mistake to cane Fay
    208 1 Bush urged to raise issue while in Singapore Reuter WASHINGTON President Clinton said yesterday it would be a mistake for Singapore to cane an American youth, adding he would be grateful if former president George Bush raised the issue while there. "If he (Mr Bush)
    Reuter  -  208 words
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      215 1 I The World's Favourite Children's Wear. Vh^ hfe' JT/ K QtNKOWrMWIOUTIOUCI: ■DMbiWi Tat *****74 W -II FweßwShowing W!« T#7*ti«7 ai-iaiMiiiw T« u* 742* M-aiMhiCkf TtIMMS W KCMaQwr foiwAyßtodi T«wtM W» J%O— EnmpiHw LM T«t 284 «M 0 i JH In some emerging markets, the ivle of man 9 is often
      215 words
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      6 1 Advertising: pg 13 That Batey listing
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      19 1 Hock Lock Siew: Pg 19 fcj APB should decentralise managentent Hedge funds come under scrutiny in US, Page 17
      19 words
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      65 1 The Bottom Line: Pg is Says who competition is good? ALFRED DINHILL Mflfflc THE LONDINIUM. {//red yinnJit// xfiortq neto -sJee/ urn/ /<Vc/ <jo/c/ uxifcA us idea/for I outdoor ui-t/tHfiex, yet /tetnUt/u/ emwpA/itr mt>re/itmui/inxv/u'ttms. atom*, t/i'xereet fiorte-/eM//e < /a*ji>. 'Wales' rexixia/*t to ,10 metre*. Viwt AuudDunmu. At Thi Pauuw, Hn ion
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      36 1 inmSKHO^^^ The Originator of Cultured Pearls Since I KM M gHHHSH||HjH|i Bundesbank cuts Lombard, discount rates, Plage 18 Full reports, Pages 26-30 SM Lee: Caning of Fay an issue of criminology, not tinman rights, Page 18
      36 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Cess takings down in January
        303 2  -  By Corinne Kerk AFTER the traditionally high-spending month of December, dining and wining tapered off in January. Figures from the Singapore Tourist Promotion Board show that January food and beverage cess collection was $5.3 million, down from $6.1 million in December. The January cess collection
        Source: Dept of Statistics  -  303 words
    • Article
      NTUC Income to offer alternative to Medishield Plus
      390 2  -  By Soh Tiang Keng INSURANCE co-op NTUC Income will launch a medical plan on May 1 as an alternative to Medishield Plus, which the Central Provident Fund will offer from July 1. Income's general manager. Tan Kin Lian, said yesterday that lncomeshield
      390 words
    • Article
      Serangoon factory sold for $16m
      348 2 THE property at the centre of a failed reverse takeover attempt for listed Causeway Investments a four-storey factory in Moonstone Lane ofT Serangoon Road has been sold for $16.8 million. According to sources, the freehold property with a site area of 30,077 sq ft and
      348 words
    • Article
      SNS forms joint venture in Mauritius
      316 2 SINGAPORE Network Services has formed a US$l.5 million (552.3 million) joint venture firm in Mauritius to operate an electronic data interchange (EDI) network there. The venture is called Mauritius Network Services. SNS will hold a 40 per cent stake while Maurinet Investment will hold
      316 words
    • Article, Illustration
      Tang Wee Cheng may buy hotels in Australia
      360 2  -  By Abdul Hadhi TANG Wcc Cheng, who has relinquished eontrol of the landmark Dynasty Hotel to his two younger brothers, may be looking to acquire hotels overseas* Sources said Mr Tang is expected to pursue his "personal interests" after the hotel formally
      360 words
    • Article, Illustration
      YCH considering price hikes to offset higher Distripark rents
      337 2 WAREHOUSING and transport group YCH is considering raising prices to partly ofTset the higher rent it has to pay to operate out of the $400 million Keppel Distripark. YCH senior manager of operations Terence Tan said yesterday in response to a
      337 words
    • Article
      S'pore will remain good base for procurement offices: DBS
      420 2 WITH a sophisticated infrastructure that is constantly being upgraded to keep its competitive edge, Singapore will continue to be an attractive base for procuring quality components and materials. DBS Bank, in its latest research report Singapore Briefing, said international procurement offices
      420 words
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      48 2 Protect Your Computer Investment. Buy An Epson, EPSON K c*. \tz\aJLYC *vs.A.ke_ if. J!, f A Ml fa JML, UVA Vifcw yout cha CAA\T £pv>4£n/\vi'\\jT2wac£, \>oo\t>idL Vt\AK a*- c\ 0/ -\V Iwc tU-f ax fu/ CAta*\lV\cioaa U)w\pz \\puiwujSnic /<£C«w<*rtC>*\£ \S wA,k-the cIaO'OZ \s Park View Singapore tLocuk $<>* 73V£5H
      48 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Indonesia has done much to boost workers' lot: Alatas
      412 3 Reuter, AFP NEW YORK Indonesian Foreign Minister Ali Alatas said his government has made great strides in improving workers' rights and is hopeful the United States will continue to extend its trade benefits. However, echoing a growing theme among developing nations,
      Reuter,; AFP  -  412 words
    • Article, Illustration
      Lock icon Mahathir in Cambodia with big business team
      322 3 AP, AFP PHNOM PENH Malaysian Prime Minister Mahathir Mohamad arrived yesterday for a two-day official visit to Cambodia, leading a 126-member delegation with a heavy representation of businessmen. The visit is to strengthen relations and explore means of economic cooperation, Cambodian Minister of
      AP,; AFP; Reuter  -  322 words
    • Article
      Lock icon Asia may seek more funds from Japan
      63 3 AFP TOKYO Asia is expected to overtake Europe this year to become the second-biggest regional borrower front Japanese banks after North America, a Japanese newspaper predicted yesterday. The Nikkei said the expected development reflected strong demand from governments and companies in Asia seeking
      AFP  -  63 words
    • Article, Illustration
      Lock icon Rao wants end to caste discrimination
      97 3 Reuter BOMBAY Indian Prime Minister PV Narasimha Rao, wooing India's vast population of Harijans or untouchables, appealed to his people yesterday to end centuries of caste discrimination across the country. "Only when caste discrimination stops and political parties stop getting mileage out of these
      Reuter  -  97 words
    • Article
      Lock icon Foreign investments in Seoul fall 22pc
      136 3 Reuter SEOUL Foreign investment in South Korea totalled U*****.2 million (Ss4o9 million) in the first quarter of this year, down 22.4 per cent from U*****.46 million a year earlier, the finance ministry said. But a ministry spokesman said the number of investment projects had
      Reuter  -  136 words
    • Article
      Lock icon US, Japanese firms keen to vie for Philippine geothermal project
      329 3 AFP MANILA A Japanese and six LIS Arms have expressed interest in bidding for the construction of a 40-megawatt geothermal power plant at Mount Apo in the southern Philippines, a subsidiary of stateowned Philippine National Oil Co (PNOC) said yesterday.
      AFP  -  329 words
    • Article
      Lock icon USAID-backed project to boost Philippine capital market
      261 3 AFP MANILA A private business organisation, backed by the US Agency for International Development (USAID), yesterday launched a project to modernise the Philippine capital market by introducing wide-ranging changes. The Capital Market Development Project (CMDP) is being implemented by the Financial Executives Institute
      AFP  -  261 words
    • Article
      Lock icon Investors keep Cambodia ministers busy
      358 3 AFP PHNOM PENH Cambodia's finance, mines and industry ministers are among the busiest men in Phnom Penh these days, with double-booked appointment calendars and investors waiting in the hallways well after business hours to see them. If anyone thinks that the lifting of the US
      AFP  -  358 words
    • Article
      Lock icon KL-bound gold bars worth M$818,000 stolen
      272 3 AFP KUALA LUMPUR Malaysian authorities looked to Singapore for help yesterday, after a consignment of gold bars destined for a commercial bank in Kuala Lumpur was stolen on a flight from Singapore. The 25 missing ingots, weighing a kg each, were worth a total
      AFP  -  272 words
    • Article
      Lock icon Copyright key to IT growth: IBM tells Hanoi
      233 3 AFP HANOI Vietnam must give legal protection to software companies before it will see any major growth in its domestic information industry, an IBM executive said yesterday. Plans to develop the dataentry and software-writing industries labour intensive sectors that have been slowly
      AFP  -  233 words
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      299 3 Austria €tyle '95 JwINGA P O R E May 16th 17th. 1994 jmjr 200 p.m. 6.30 p.m. W ANA Hotel Singapore For the 15th consecutive year, leading designers and manufacturers from Austria will present the latest fashion materials and accesmries to buyers and agents in South East Asia Please indicate
      299 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Chinese economy set for soft landing with 1st qtr slowdown
      494 4 Bloomberg Business News BEIJING China's booming economy slowed in the first quarter of this year and is heading for a soft landing, the official China Daily reported. Officials from the State Information Centre, the government's leading forecasting unit, told the
      Bloomberg Business News  -  494 words
    • Article
      First policy lending bank in China begins operations
      391 4  -  By Schutz Lee SINGAPORE The State Development Bank (SDB), the first of three "policy lending" banks to emerge from China's bold financial system reform in the last three months, began operations on Wednesday. Already, it plans to raise 65 billion yuan (SS
      391 words
    • Article
      Lock icon Don't let boat fire harm ties, Beijing warns
      284 4 Reuter BEIJING China, facing Taiwan's vow to stop sending tourists to the mainland following the mysterious deaths of 24 visitors from Taiwan, has warned Taipei against actions that would damage expanding ties. China's Association for Relations a(goss the Taiwan Straits, in a
      Reuter  -  284 words
    • Article, Illustration
      Lock icon Tibetans allege forced sterilisation
      38 4 AFP NEW DELHI Tibetan women shout anti-Chinese slogans at a demonstration here the alleged forced sterilisation and abortion programmes launched by Chinese authorities in Tibet. Nearly 500 women took part in the protest. AFP
      AFP  -  38 words
    • Article
      Lock icon China to discuss rights, not dissidents
      255 4 Reuter BEIJING China is ready for dialogue on human rights with foreign countries but will not countenance discussion of "criminals" regarded as dissidents in the West, Foreign Ministry spokesman Shen Guofang said yesterday. "We are willing to discuss human rights." Mr Shen told a
      Reuter  -  255 words
    • Article
      Lock icon Taiwanese navy officer on secrets charge
      186 4 Reuter TAIPEI A Taiwanese navy officer has been charged with leaking military secrets and a local arms dealer has been detained in a scandal over the island's purchases of weapons from abroad, officials said. Military prosecutors indicted commander Liao Chih-wei, a staff officer to
      Reuter  -  186 words
    • CHINA WATCH
      • Article
        Lock icon Military attaches sent to Seoul
        58 4 Reuter SEOUL China, which fought alongside communist North Korea during the 1950-53 Korean War, had appointed military attaches to South Korea, a Seoul Defence Ministry spokesman said yesterday. The move would help promote military cooperation between Seoul and Beijing and contribute to easing tension on
        Reuter  -  58 words
      • Article
        Lock icon Taiwan to buy 200 US Patriot missiles
        55 4 AFP TAIPEI Taiwan's army will purchase 200 improved-version US Patriot missiles for deployment in northern Taiwan against possible enemy missile or air strikes. L'nited Dailv News reported. The army would pay NTS 10 billion (SSSB9 million) for the defence system, said the paper,
        AFP  -  55 words
      • Article
        Lock icon Customs officers to fire on smugglers
        50 4 AFP BEIJING Chinese armed customs officers would in future be authorised to open fire on suspect smugglers at sea who try to resist inspections or arrest. China Daily reported. The move is aimed at cracking down on an alarming increase in seaborne smuggling. AFP
        AFP  -  50 words
      • Article
        Lock icon Police crack down on black market
        93 4 AFP BEIJING Beijing police were cracking down on the capital's currency black market following the murder of a money changer, arresting several traders in recent days, one dealer said. "We can't change money, we're too frightened," said the stallholder in the Ritan clothing market,
        AFP  -  93 words
      • Article
        Lock icon Jiang meets C&W chief Young
        91 4 Xinhua BEIJING President Jiang Zemin had a 20-minute meeting with Lord Young, chairman of Cable and Wireless and president of Hongkong Telecommunications Ltd, here yesterday. Lord Young, who arrived at noon, is scheduled to sign a contract launching the Sino-British Sub-Marine System Company Ltd with
        Xinhua  -  91 words
    • Article
      Jailed S'porean turns witness in Ch'ng Poh trial
      408 4  -  From Lim Soon Neo in HONGKONG SINGAPOREAN Low Chang Hian, the former Ka Wah Bank director jailed in July 1991, for 5 1/2 years for conspiracy and theft, will turn prosecution witness in the current trial of former IHD Holdings chairman Ch'ng
      408 words
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      643 4 SING INVESTMENTS FINANCE LIMITED /2Al\ (Incorporated in the Republic of Singapore) y 96 Robinson Road, SIF Building, Singapore 0106. The Directors of Sing Investments Finance Limited are pleased to make the following announcement (I) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1993 TfrConraV The Group 1993 1992 1993 1992
      643 words
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  • REST OF ASIA
    • Article
      Lock icon Japan rebuts US charges that its markets are closed
      392 5 Reuter TOKYO Japan has issued a report denying US allegations that Tokyo's markets from computers to cars are closed and that past trade pacts are unproductive, a Foreign Ministry spokesman said yesterday. The move was made public just as Foreign Minister
      Reuter  -  392 words
    • Article, Illustration
      Lock icon Flags of fury
      41 5 Reuter SAMCHOK, South Korea A group of scuba divers staging a demonstration in the sea off Samchok yesterday as part of a protest against the government's move to construct a nuclear power plant in this port city. Reuter
      Reuter  -  41 words
    • Article
      Lock icon Aussie business confidence at 5-year high: survey
      304 5 Reuter SYDNEY Australian business confidence reached a fiveyear high in the current quarter with sales expectations rising to levels last seen in early 1989. The quarterly Dun and Bradstreet business survey, released yesterday, showed its index for net sales rising eight points or
      Reuter  -  304 words
    • Article
      Lock icon Japan still in political limbo but economy seen picking up
      288 5 Reuter, AFP TOKYO The future of Japan's ruling coalition and the fate of the next prime minister hung in the balance yesterday after rival groups exchanged bitter threats but stopped short of a break-up. The political paralysis in the world's
      Reuter,; AFP  -  288 words
    • Article
      Lock icon Escap conference ends with call to fight trade protectionism
      295 5 Reuter NEW DELHI A conference of Asian and Pacific nations has ended with a call to combat trade protectionism. "The nine-day meeting of the Economic and Social Commission for Asia and the Pacific (Escap) was one on the question of extraneous
      Reuter  -  295 words
    • Article
      Lock icon NZ consumer confidence hits highest level since 1988
      246 5 Bloomberg Business News WELLINGTON Westpac Bank yesterday said its New Zealand consumer confidence index in March rose to its highest level since the survey was begun. The Westpac McDermott Miller Index survey began in June 1988. The index rose to 127.9 points
      Bloomberg Business News  -  246 words
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      456 5 w II L_£alAJßr jfr i nP^^kuk^jbk Estimated increase in membership cost TYPE APR' 93 AUG '93 18th AF*?* END *94 1995 ORDINARY (OVERSEAS) 20,000 25,000 *%,500 ffi 30,000 40,000 ai^M^tMlMM^Mk CORPORATE "A" 25,000 30,000 36,000 46,000 1 l^*,l, l CORPORATE "B" 60,000 70,000 75,000 80,000 90,000 The Early Bird Catches
      456 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Escalating home prices frustrate residents
      1037 6  -  Hongkona's property market Reports by Lim Soon Neo in HONGKONG BACK in 1991, Miss Rodessa Lee. a professional in her late twenties, bought a 438 sq ft flat in Aberdeen on Hongkong island for HKSO.B million (550.16 million). Today, to upgrade to a 600 sq-fl
      Source: R&V Dept,Brooks Miller parker Research  -  1,037 words
    • Article
      More firms shift operations to S'pore
      282 6 HONGKONG Singapore is benefiting from rising office and housing prices in Hongkong, with some companies in the colony shifting part of their operations down to the Lion City to save costs. Caterpillar Far East is moving its regional headquarters to Singapore by autumn and
      282 words
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      247 6 /ss?/ CI Cfcr abitat '\JjjfiSgK ISjHg^ •Construction work in progress LIVE AN ELEGANT LIFESTYLE WHILE YOUR ASSET APPRECIATES Invest in fast: expanding Johor Bahru where the laws give your investment definite protection. At the Habitat, you're only minutes away from Singapore, so it is easy for you to manage your
      247 words
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      207 6 TOLL-FREE TEL No. 1-«X>-741-fS3 FAX7«I-129S 1 a I Straits Steamship Land Limited (Incorporated m the Repub»>c ot Singapore) I To Registered Holders of warrants, I issued in conjunction with the I *****,000,000 1.5% Unsecured I Loan Stock 1989/94, to subscribe I for shares in Straits Steamship I Land Limited ("Warrants
      207 words
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      67 7 I CHANGE OF NAME 1 Please be advised that w.e.f. 15 April 1994 Perak Traders Co Sdn Bhd H will be known as Hi! I M&A SECURITIES SDN BHD I (A member company of the Kuala Lumpur Stock Exchange) I I Address remains as HB Hp 35-37 Jalan Tun Sambanthan
      67 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon IFC to securitise some loans
        108 8 Reuter NEW YORK The International Finance Corp is likely to securitise some loans to stretch its loan capacity in emerging markets, an IFC official said on Wednesday. The IFC is the private sector finance arm of the World Bank. This year it will invest more
        Reuter  -  108 words
      • Article
        Lock icon Unesco to rebuild Sarajevo library
        64 8 Reuter PARIS The United Nations culture agency has launched an appeal to rebuild Sarajevo's historic National and University Library, gutted by shelling in August 1992. Federico Mayor, director-general of the UN Educational, Cultural and Scientific Organisation, said that France had become the first country to
        Reuter  -  64 words
      • Article
        Lock icon Seoul, Moscow ministers open talks
        82 8 AFP MOSCOW Foreign Minister Andrei Kozyrev again suggested convening a "conference" to ease tension over the North Korean nuclear crisis as he entered talks yesterday with his South Korean counterpart, Han Sung Joo. The South Korean foreign minister did not immediately react, mentioning only what
        AFP  -  82 words
      • Article
        Lock icon Cure for Aids impossible: WHO chief
        69 8 AFP HONGKONG The head of the World Health Organisation's Aids programme said yesterday he doubted there would ever be a cure for Aids, adding that the disease would continue to threaten the world's population for at least the next 30 to 50 years. "We
        AFP  -  69 words
    • Article
      Lock icon Major and Hunt overruled UK minister on M'sian dam project
      178 8 Reuter LONDON British Prime Minister John Major and Foreign Secretary Douglas Hurd blocked last-minute efforts to pull out of a controversial Malaysian dam project, a parliamentary committee was told. Britain is providing £234 million (SSS3B million) in subsidised loans for
      Reuter  -  178 words
    • Article, Illustration
      Lock icon US-EU pact opens road to contracts worth US$100b
      329 8 IHT MARRAKESH The United States and the European Union reached a ground-breaking agreement on Wednesday that is likely to open up competition for more than US$lOO billion (Ssl6o billion) in annual public procurement contracts on both sides of the Atlantic. Leon Brittan,
      IHT; AFP  -  329 words
    • Article
      Lock icon Hata will not make new proposals in US-Japan talks
      362 8 Marrakesh trade summit Reuter MARRAKESH Japanese Foreign Minister Tsutomo Hata, tipped to become the next prime minister, yesterday said he would not make any new proposals to break a logjam in US-Japan trade talks during meetings this week. But Mr Hata,
      Reuter  -  362 words
    • Article
      Lock icon Beijing hammers home arguments for getting aboard Gatt
      375 8 Reuter MARRAKESH China has brought its bid for Gatt membership to the Marrakesh trade summit, arguing it should be admitted in time for the birth of a new World Trade Organisation (WTO) early next year. But although it won apparent support from
      Reuter  -  375 words
    • Article
      Lock icon Economists cautious over UK positive trade figures
      205 8 Reuter LONDON Britain's global trade deficit contracted to a lower-than-forecast £916 million (SS2.I billion) in January as exports to the European Community and the world as a whole rose sharply, while imports fell slightly, economists said. But given the fact that the data
      Reuter  -  205 words
    • Article
      Lock icon CEOs to testify at US panel on nicotine levels in cigarettes
      384 9 Reuter WASHINGTON The top executives of the biggest US tobacco companies were due to testify yesterday before a Congressional panel led by one of the industry's toughest critics on Capitol Hill. Chairmen, presidents, and chief executive officers representing the
      Reuter  -  384 words
    • Article
      Lock icon UK reveals secrets of economic policy meetings
      306 9 Reuter LONDON Britain broke with tradition on Wednesday by publishing details of secret monthly meetings Of its top economic policy officials to set interest rates. Chancellor of the Exchequer Kenneth Clarke, the finance minister, said that from now on he would release after
      Reuter  -  306 words
    • Article, Illustration
      Lock icon EU's new workplace laws include exemption clause for UK
      449 9 IHT BRUSSELS Seeking to end one of Europe's longest disputes over workplace rules, the European Commission on Wednesday proposed legislation dealing with worker consultation which contained new exemptions for British companies. However, the legislation was rejected by British employers as intrusive.
      IHT  -  449 words
    • Article
      Lock icon Algeria says oil price fall forced it to reschedule debt
      393 9 Reuter TUNIS Algeria's central bank governor said on Wednesday the country's creditors knew low crude oil prices lefi it no choice but to seek a rescheduling of its medium and long-term foreign debt. "Algeria's partners know that for years Algeria
      Reuter  -  393 words
    • Article, Illustration
      Lock icon Yugoslavs against Nato attacks in Bosnia
      64 9 Reuter BELGRADE. Outraged Belgrade citizens, including this little girl, carried on Wednesday placards and banners bearing the swastika and the US dollar sign in front of the UN peacekeeping forces headquarters in this Yugoslav city. They were protesting against Nato's air strikes early this
      Reuter  -  64 words
    • Article
      Lock icon Fed may debate next US rate move on Monday
      263 9 Bloomberg Business News NEW YORK Wayne Angell. chief economist at Bear, Stearns Co, said on Wednesday some Federal Reserve banks had asked the Fed's board of governors to consider raising the US discount rate at their regular meeting next Monday. This
      Bloomberg Business News  -  263 words
    • Article
      Lock icon Missing property mogul let, but did not let go
      524 9 IHT FRANKFURT Juergen Schneider, the German real estate mogul who has disappeared and left the country's biggest private property empire in disarray, had a problem letting go. In his 10-year rise to prominence. Mr Schneider only once sold a building that
      IHT  -  524 words
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      174 8 JBI^S^N^SSTIME^; TOLL—FREE TEL. No. 1-800-741-1883 FAX:74t-l«M» This announcement appears as a matter of record only. New Issue March 28th, 1994 S! BankExim Bank Ekspor Impor Indonesia P.T. Bank Ekspor Impor Indonesia (Persero) acting by and through its Cayman Islands branch (incorporated with limited liability under the laws of the Republic
      174 words
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      Page 8 Advertisements Column 2
      84 8 YOUR DAILY GUIDE The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a house painter or art instruction, Classified has what you're looking for! Just call 737-1166. CXTJ. m You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe
      84 words
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      Page 8 Advertisements Column 3
      186 8 PINT VENTURES J IN INDONESIA 25 -26 April Mandarin Oriental t Jakarta OFFICIAL OPENING ADDRESS IY HE siMY<W SASTIWMOOTb MWster of kmhmrt/Otkwm tff llw bmtMri BmH (MM) Sfeddsesaorew: lHlwh|ip«lp—lifirthiiKii hnkm hinl—rt Aaarevdi qmkmkmt m RestrtctieasmSlMniiriasfermiAaH-DirtiMßights ■KHMdMitM Lkeace Aarnai—h md Tida»liyy liwahr S^,l«fctiT«pirWy ■T« ffaaaL, Ceasyorarteasfor /it Jtht Vwm» ReseMa| Kspvtes
      186 words
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      102 9 TTMJES TOLL-FREE TEL. No. 1-WO-741-H»» PAX T4MI— LOST SHARE CERTIFICATES. The undermentioned share certificates have been reported lost, mislaid or destroyed;- <j( Caumara CartNoa IntwNWltflf Jim HongLaong H*****70 YeeKeeFong Ixl2o France Limfted H*****94 NgLianSeng 1x240 Singapore Francs SOOlBOll/2 OngYockNgo 2x1,000 LimSd Notice is hereby given that duplicate certificates wW be
      102 words
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      Page 9 Advertisements Column 2
      100 9 _B_U_S INESS TIMES TOLL-FREE TEL. No. 1-600-741-1883 FAX:74I-1298 ■Mv PARKWAY HOLDINGS LIMITED (ItrporatH the Reprtllc «f Hr U5D40,000,000 UNSECURED FLOATING RATE NOTES DUE 1998 Pursuant to Condition 12 of the Notes, notice is hereby given that for the Interest Period beginning on 14 April 1994 and ending on (but excluding)
      100 words
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      Page 9 Advertisements Column 3
      120 9 SOTHEBYHS FOUNDED PM j I; A very rurv pair of ruby-gmund famdlenise YuZhi Howls. YonffZbert/f murks and period (1723-1735). estimate HKS 1 5-2 000,000 AN EXHIBITION OF FINE CHINESE CERAMICS MODERN ft CONTEMPORARY CHINESE PAINTINGS lAPETTE IEWPHMV* SNUFF BOTTLES The selection of Chinese Works of Art being previewed is to
      120 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      230 10 dm *t x "v ,«£|£&> 1 v X I '-"v-i. s. «®»Kr H K^ I fl i H I I i r';..^'" v' v /w, M *ytf »c v S\*g~jgfr&t3s#***™' v* 1I f ,\< lax? a r 'tC *»->.? *7*. S >• V vy M ~-,v• r:^#^ii i V i:
      230 words
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  • SPORTS
    • Article, Illustration
      Lock icon President's Cup launch draws mixed reaction from players
      498 12 Golf AP HILTON HEAD ISLAND, South Carolina The PGA Tour's newest team event has left players split along international lines. The President's Cup. a Ryder Cup-style match debuting in September, will pit a US team against a worldwide group of players not
      AP  -  498 words
    • Article
      Lock icon Women's rugby yet to make impact
      413 12 AP LONDON The opening day scores were 111-0, 66-0 and 700. Attendance: about 200. Short on suspense. Short on fans. A long way to go for women's rugby. The second women's rugby union World Championship is underway in Edinburgh, Scotland. The Netherlands pulled out
      AP  -  413 words
    • Article
      Lock icon Fritz makes baseball a Crying Game
      403 12 AFP ORLANDO, Florida Gen Lisa Fritz kept quite a secret from the other players trying out for a new all-women's professional baseball team. She was a he. Fritz, one of the final players cut from the club roster, was actually a man who has
      AFP  -  403 words
    • Article, Illustration
      Lock icon Atherton inspires England victory
      536 12 Reuter BRIDGETOWN, Barbados Mike Atherton proved yet again that character is the crucial ingredient in sporting success by leading England to an improbable and important victory on Wednesday. Before 6,000 delirious English fans, Atherton guided England to a 208-run win over unofficial world champions West Indies
      Reuter  -  536 words
    • Article, Illustration
      Lock icon Baseball
      70 12 Reuter NEW YORK Major League Wednesday American: Detroit 6 Baltimore 3: Seattle 6 Minnesota 9; Chicago 5 NY O. Kansas 2 Boston I: Texas 4 Milwaukee 3: California S Cleveland 6: Oakland 8 Toronto 7(12). National: Florida 2 Houston 4; Montreal 3 Cincinnati 2; Pittsburgh 3 San Diego 2:
      Reuter  -  70 words
    • Article, Illustration
      Lock icon Basketball
      37 12 Reuter NEW YORK NBA WednesdayAtlanta 110 Cleveland 95; Boston 109 Detroit 96; Miami 90 Chicago 96; Philadelphia 87 Indiana IIS; Milwaukee 105 New Jersey 107; San Antonio 78 Denver 83; Phoenix 117 LA Lakers 88. Reuter
      Reuter  -  37 words
    • Article, Illustration
      Lock icon Boxing
      125 12 AFP WASHINGTON Fprmcr heavyweight champion Riddick Bowe. trying to stay prepared for a chance to regain his crown, has scheduled three bouts with young challengers starling in June. Bowe. 34-1 with 29 knockouts, lost his title to Evander Holyfield last November in Las Vegas. Holyfield defends his crown against
      AFP  -  125 words
    • Article, Illustration
      Lock icon Cricket
      178 12 Reuter SHARJAH, United Arab Emirates India gave debutants United Arab Emirates a lesson in the finer points of professional cricket on their way to a 71-run victory in the opening match of the Australasia Cup limited overs tournament on Wednesday. The writing was on the wall for the UAE
      Reuter  -  178 words
    • Article, Illustration
      Lock icon Ice hockey
      34 12 Reuter NEW YORK NHL Wednesday: Detroit 9 Montreal O, Ottawa 0 Boston Tampa Bay ONY Islanders 2; LA 6 Calsary 4; San Jose 2 Edmonton 2 (OT); Anaheim I Vancouver 2. Reuter
      Reuter  -  34 words
    • Article, Illustration
      Lock icon Olympics
      141 12 AP NEW YORK US television executives think Rupert Murdoch's Fox Network will be a major factor when bidding for the 2000 Olympics in Sydney. Australia, takes place in two years. "Rupert Murdoch is Australian and he has a big appetite for these Games,*' Barry Frank of Trans Work) International.
      AP  -  141 words
    • Article, Illustration
      Lock icon Rugby
      226 12 Reuter JOHANNESBURG African National Congress sports spokesman Steve Tshwete on Wednesday urged all nations taking part in the rugby union World Cup next year to stick by South Africa as the venue. Speaking at a gathering of inter- national rugby' officials in Johannesburg, Tshwetc recalled his days in the
      Reuter  -  226 words
    • Article, Illustration
      Lock icon Soccer
      105 12 AP BEUING China announced the formation on Wednesday of a professional soccer league that it hopes will boost the country's international competitiveness in its favourite sport. The China National Football League includes 12 teams and will open its seven-month season on Sunday with six matches. Organisers said each team
      AP  -  105 words
    • Article, Illustration
      Lock icon Tennis
      200 12 AP Reuter HONGKONG Hoagkoag Opea yesterday Fir* nmmt Michael Chang (US) b David Wheaton (US) 6-3 6-3; Ivan Lendl (US) b Albert Chang (Can) 6-3 6-4; Chuck Adams (US) b Sandon Stolle (Aust) 6-3 6-4; Joern Renzenbrink (Ger) b Stephane Simian (Fra) 6-3 6-2. Sec- and fanad: Patrick Rafter
      AP; Reuter  -  200 words
    • Article, Illustration
      Lock icon Weightlifting
      176 12 UP! SAVANNAH, Georgia A 15-year-old schoolgirl has entered one of the last bastions of male-domi-nated sport by gaining selection in the US junior men's weightlifting squad. Cassie Clark has muscled her way into becoming the first female to be placed on the mens US Junior weightlifting squad by the
      UP!  -  176 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      180 12 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-I2l>B All of these securities having been sold, this announcement appears as a matter of record only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. New Issue April 1994 The Korea Development Bank (a statutory juridical entity
      180 words
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  • ADVERTISING & MARKETING
    • Article
      Lock icon Seiko perks up the sleepy business of selling watches
      681 13 Watchmaker hopes to overhaul its image by injecting humour into its ads NYT SEIKO Time and its new agency are using a rooster to sound a wake-up call, literally and figuratively, in the often somnolent, sometimes narcoleptic realm of watch advertising.
      NYT  -  681 words
    • Article, Illustration
      Lock icon Batey clears the air about its bid to seek listing this year
      527 13  -  Agency has postponed its flotation plan announced four years ago until its worldwide billings reach US$3OO million. Corinne Kerk reports. Corinne Kerk FOUR years after announcing its plans to go public. Batey Ads has been somewhat silent on
      File picture  -  527 words
    • Article
      DMB&B Tokyu bags $6.5 million in S'pore
      266 13  -  By Joycelyn Shu THE Singapore office of international advertising agency DMB&B Tokyu won a hefty 556.5 million worth of accounts in the first three monthv of this year, bringing current billings to about S2O million. Managing director Christopher Ang said: "It's the first
      266 words
    • Article
      Lock icon Snow White shows up at work
      325 13 NYT LISTEN carefully to that sound wafting through the San Francisco office of Hal Riney Partners. Is it employees singing. "Heigh-ho, heigh-ho, it's off to work we go?" OK, so maybe the hallways aren't alive with the sound of music. But certainly the arrival
      NYT  -  325 words
    • COPY LINES
      • Article
        Lock icon O&M forms new group
        63 13 NYT NEW YORK Ogilvy Mather Worldwide has formed a division to service new and future multinational clients. The Global Media Group, headed by senior vice-president Wilma Epstein. 47. will operate out of Ogilvy's New York office, with a staff of 20. It will work with other
        NYT  -  63 words
      • Article, Illustration
        Vuitton embarks on nostalgic voyage
        72 13 SINGAPORE Luxury bag and luggage maker Louis Vuitton launches its new international print media campaign in Asia this month. The campaign Vuitton's first new one in 12 years aims to reflect the evolution of the brand. Vuitton bags and luggage will be juxtaposed with antique
        72 words
      • Article
        Lock icon Nintendo to produce outside Japan
        91 13 Bernama TOKYO Nintendo will produce a new range of computer game machines in an Asian country for sale in Japan and the United States about the third quarter of this year. The move away from producing in Japan is aimed at cutting costs and coping
        Bernama  -  91 words
      • Article
        Lock icon Saatchi wins Warner-Lambert contract
        42 13 UPI LONDON British advertising agency Saatchi and Saatchi has won a major contract from US pharmaceuticals maker WarnerLambert. The contract, clinched by Saatchi's American associate, Spjelvogel Bates, is rumoured to be worth US$7O million (S$ 109 million). UPI
        UPI  -  42 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      156 13 £the pinnacle QUALIFICATION IN MARKETING" (aovnsmr or bull The specialist course for executives in marketing management by The University of Hull in association with the Chartered Institute of Marketing, UK. EIGHTH INTAKE IN SINGAPORE Only programme endorsed by CIM UK Established Internationally as a part-time distance learning programme of two
      156 words
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      Page 13 Advertisements Column 2
      159 13 Be Your Own Developer In Australia! Ever since Australian properties have become popular. Singaporeans have been buying either a house-and-land package or a condominium. There has been no other alternative until now. Ever land (Australia) Pty. Lid. is proud to present a new method of investing in Australia. The redevelopment
      159 words
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      Page 13 Advertisements Column 3
      98 13 A.s many of life's achievers are aware, it's lonely at tlie top. Which is why at the ANA Hotel, we are just as used to providing a friendly ear for our guests as any of other services. So in addit ion to a location in the heart of Singapore's embassy
      98 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1045 14 Nothing Beats A Bud. WHERE TO WINE, DINE AND ENTERTAIN Bwoor _55_ ITlachine A good reason to visit Mischief the fun pub: From spm to Bpm daily, beer and house pouring dnnks are at only $3 50++ each Mischief is open from 11 am to lam daily \JL (till 2am
      1,045 words
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      Page 14 Advertisements Column 2
      356 14 Nonya Fare Penana zflair At the Chatterbox Bite into the goodness of Penang Nonya food at the Chatterbox this Bth to 17th April Chefs specially flown in from Penang Mutiara Reach Resort, will whip up nonya specialities and a whole lot more Alt set to tickle your tastebuds. Ihtle H-fApnl
      356 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Hard Rock's soft approach
      632 15  -  Beijing's Hard Rock Cafe opens its doors today. Jeffrey Parker notes that it will play down rock's bad reputation Jeffrey Parkei Reuter GAZE upwards inside China's first Hard Rock Cafe and glimpse the divine pantheon of rock 'n' roll a domed mural depicting the Beatles, Elvis,
      Reuter  -  632 words
    • Article, Illustration
      Lock icon He'd rather act than party
      651 15 CHATTERBOX Reuter AP AP UPI UPI AP UPI SIR John Gielgud, one of the century's greatest actors, politely refused a gala night to mark his 90th birthday yesterday, opting instead to play the lead in a star-studded radio production of Shakespeare's King Lear. The theatrical
      Reuter; AP; UPI  -  651 words
    • Article
      Lock icon London seeks to control ticket brokers
      229 15 UPI THE British government has proposed new measures to ensure that theatre and concert-goers know how much extra they are paying when they buy from commercial brokers. The new Department of Trade and Industry (DTI) rules would force those reselling tickets to tell customers
      UPI  -  229 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      61 15 Local High Tea a twist to an aristocratic tradition. A hearty spread of local favourites like, mee siam, soon kueh, chui kueh, nonya kueh kuehs, putu mayam, soya beancurd and more. Saturday and Sunday only 3.00pm to 6.00pm Price: 5515.00 adult) SSB.oo+++ child below 12 years (330** 24 Mount Elizabeth.
      61 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1228 15 TV RADIO. Red ScorpiM, 11pm, SBC 5 J African leader fails. He gets g^"a hit-list, runs into the desert. 8 gets stung by a scorpion, and conies kinder. helps the Commies. Dolph Lundgren more presence than W j\£ Running Against Time, Wj^ Bpm, SBC 5 ;,^r"V A physicist a time
      1,228 words
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  • Article
    Poachers at the gate
    538 16 AMONG the lasting memories of the Wall Street crash of 1987 is the toll it inflicted on the broking industry itself. Well-heeled dealers, salesmen and analysts were unceremoniously thrown out onto the streets by international brokerages hit by severe losses. Whole teams were fired, and hotshot
    538 words
  • WHAT THE OTHERS SAY
    • Article
      Magic of Asia's marketplace
      239 16 IF THE DIVERSION of foreign investment from South-east Asia to China and India, as indicated in a report by Merrill Lynch, the American securities firm, presents the Asean countries with a challenge, it also shows the way to what might be a new phase in the
      239 words
    • Article
      A just action
      133 16 THE LATEST ACTION by Nato against Serb guerillas is well-justified. Russian opposition is a distraction to a peaceful settlement in Bosnia, simply because the Serbs are Russia's allies, going back to the days of the Soviet Union. The attack is in accordance with the UN resolution calling
      133 words
    • Article
      Get to the bottom of it
      189 16 BOTH THE GOVERNMENT and the people in Taiwan are furious over the Qiandao Lake incident and have taken various extreme measures to deal with it. While this is comprehensible, it may not necessarily be the right thing to do. In particular, the tendency to
      189 words
    • Article
      More protection for consumers
      119 16 THE Law Reform Commission's call for heavy sanctions against unscrupulous property companies signals a new determination to crack down on rogue developers. It is also part of a gathering consumerist revolution against business malpractice on a much wider scale. Consumerism was not born with the property
      119 words
    • Article
      Keep them separate issues
      152 16 THE FINAL ACT of the Uruguay Round of trade negotiations is now ready for signing after the Trade Negotiation Committee in Geneva settled the dispute between the developing and the industrialised countries over the US proposed clause to link trade and international labour standards. Such a
      152 words
    • Article
      A lesson for industrialists
      174 16 IF YOUR television set suddenly emits smoke and sparks, causing a fire, common sense dictates that its manufacturer should compensate the owner for the damage and loss, provided the set was being used for its intended purpose and was operated correctly. Consumer life is based on
      174 words
  • Article, Illustration
    Lock icon The new American industrial revolution
    989 16  -  Donald W Nauss finds US manufacturers enjoying a revival by reconfiguring plants, adopting lean production techniques and going heavy on automation Donald W Nauss Los Angeles Times THE factory floor in Fraser, Michigan, is clean and surprisingly quiet. Only a handful of men tinker with
    Los Angeles Times  -  989 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      136 16 Totally ceramics: the new Rado 'Sintra'. Simply captivating! The new Rado "Sintra" with its avant-garde design, lustrously brilliant platinum-like look and the uncompromising use of an exceptional material: scratchproof, enduringly beautiful high-tech ceramics. But it's when you put this watch on that you really get to know it: cool, smooth
      136 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      86 16 /if ÜBS Pi ConPl£Te U)G SPoIT Of OUR /CHD YOU TMsTe. PART A I M«LL»dG *RDv*D IN "W£ SPvID IT TWCJ THC PCC.OUMTS.. y yseTreg X v^~ ,fk .c~i §sy&£, DOONESBURY GARRY TRUDEAU GENTLEMEN, PONT M/$- 1 M~£*/750/*V?, UHrTEtWER UNDERSTANDMZ. I'M WNP&P,I HAhFHB!FUGSHUT All FOR. GETTING TV &THENVESTI6A- OOUN THE
      86 words
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  • ANALYSIS
    • Article
      Lock icon Spotlight on those big, secretive hedge funds
      1844 17  -  This week, the US House of Representatives Banking Committee has been holding hearings on hedge funds, which have been blamed for many of the recent traumatic events in global financial markets. While Saul Hansell examines the growth of the powerful entities and explains
      NYT  -  1,844 words
    • Article, Illustration
      Lock icon Soros sees mutual funds and derivatives adding to volatility
      1280 17 Bloomberg Business News GEORGE Soros, manager of the Quantum Group of Funds, said in Washington on Wednesday that the way institutional investors behave and the explosive growth of derivative instruments can present dangers to investors. Mr Soros, whose personal interest in
      Bloomberg Business News  -  1,280 words
    • Article
      Lock icon What the esoteric terms mean
      580 17 NYT HEDGE FUND: A flexible investment fund for rich people and institutions. The minimum investment is typically US$l million (SSI.6 million) and the manager usually receives 20 per cent of the profits. Hedge funds can use virtually any investment technique including short selling borrowing shares
      NYT  -  580 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      312 17 UP AT *»C^ Now you can enjoy the tenderest of beef without worrying •bout Its cholesterol level, because at Jack's we serve only healthy and lean beef. For this month, there's a selection of 6 main courses, all prepared with ingredients that's high in nutritional value. So moo your way
      312 words
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  • Article, Illustration
    Lock icon S'pore still keen on foreign investments, says PM Goh
    652 18  -  BiptrH by Walton Morais in STUTTGART PRIME MINISTER Goh Chok Tong yesterday told German businessmen that while Singapore is embarking on a regionalisation drive, it remains interested in foreign investment to spur domestic growth. He said German companies should first consider
    Photo by Lim Sin Thai of The Straits Times  -  652 words
  • Article
    R&D pact signed to boost cooperation
    238 18 SINGAPORE and Germany on Wednesday signed a Memorandum of Understanding to boost cooperation in scientific research and technological development. The agreement, signed by Minister of State for Trade and Industry and Labour Goh Chee Wee and German Research and Technology minister Paul Kruger, seeks
    238 words
  • Article
    S'pore a business architect expanding its expertise
    415 18 PRIME MINISTER Goh Chok Tong on Wednesday marketed Singapore as a business architect now expanding its expertise in helping businesses maximise returns from projects in such emerging markets as China, India, Vietnam, Myanmar and the Asean countries. Speaking to German industrialists at a
    415 words
  • Article
    E Asia set to be New Zealand's most important market: SM Lee
    395 18  -  Reports by < Chuang Peck Ming in Wellington EAST ASIA will increasingly become New Zealand's most important market, Senior Minister Lee Kuan Yew told business leaders and parliamentarians yesterday. New Zealand, he said, had a comparative advantage in
    395 words
  • Article
    Aussie-NZ common market must target N America before Afta
    271 18 IT WOULD make sense for the Australia-New Zealand common market to team up with the Asean Free Trade Area, but access to the north American market must come first. Senior Minister Lee Kuan Yew said yesterday. Replying to a query after
    271 words
  • Article
    Caning of Fay an issue of criminology, not human rights
    213 18 WHETHER Singapore canes American Michael Fay or not is an issue of criminology and not of human rights, Senior Minister Lee Kuan Yew says. Singapore has received the United States' appeal for presidential clemency for Fay and the government will
    213 words
  • Article, Illustration
    Who says competition is always good?
    731 18  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, where this commentary first appeared Economists do not agree on much. But here's a simple proposition to which you would think they could all subscribe: In the
    731 words
  • Article
    Lock icon Malaysia detains 80 more Filipinos
    236 18 Reuter KUALA LUMPUR Malaysia detained 80 more Filipinos yesterday as angry women in Manila denounced Prime Minister Mahathir Mohamad over Kuala Lumpur's recent arrest of Filipino maids and musicians. In the latest crackdown against foreigners entering the country illegally in search of jobs, 80 Filipinos
    Reuter  -  236 words
  • Article
    Lock icon ABN Amro Bank fined US$221m
    122 18 Bloomberg Business News Amsterdam ABN Amro Bank NV said it was fined US$22l million (***** million) yesterday in a US court case brought against it by Kilbarr Corp, formerly named Remington Rand Corp. The trial is related to bank- ruptcies of a number of US
    Bloomberg Business News  -  122 words
  • Article
    Lock icon Bundesbank cuts Lombard, discount rates
    407 18 Reuter FRANKFURT The German Bundesbank surprised world financial markets by reducing both its official interest rates yesterday in a move which triggered off similar cuts across Europe. Markets had been expecting only a cut in the Bundesbank's Lombard interest rate as a symbolic gesture indicating
    Reuter  -  407 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      49 18 Hush Puppies America's most comfortable shoes Lkc—t: >rowt«gSp<rt« Far Ea»l Fit Lid T«l:4UMil SINGAPORE KUALA LUMPUR ft NQS ANN OOEONTOWfBtS V MENARA IMC cmr (Ope. Rafßw (Opp Sh»ngri-L» Hotel) Quality Serviced Offices T*l: 66-*****43/ Fax: 65-*****76 IyiRCENTRE Working From Homo? A complete office support for $7 a day Ca*****5240
      49 words
    • Advertisement
      Page 18 Advertisements Column 2
      15 18 t' jgik^ Hush Puppies America's most comfortable shoes Lxxoxe Erownfaig Sports Ff Pte Ud Td:<7«W»
      15 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Hotel Properties takes major stake in Bali resort hotel
      391 19  -  Partner thought to be company controlled by Suharto's son By Joyce QueK SINGAPORE Hotel Properties Ltd (HPL), the listed flagship of entrepreneur Ong Beng Seng, announced yesterday that it is spreading its wings in Indonesia by taking a major stake in
      391 words
    • Article
      OCBC forms wholly owned M'sian subsidiary
      224 19  -  By Shiv Taneja SINGAPORE OCBC Bank has incorporated its Malaysian operations into a wholly owned subsidiary called OCBC Bank (Malaysia), making it the first of three Singapore banking groups with Malaysian operations to do so. Under Malaysia's Banking and Financial Institutions Act of October
      224 words
    • Article
      UEL, JTC team up to develop warehouse
      339 19  -  By Shiv Taneja SINGAPORE engineering and construction company United Engineers Ltd (UEL) has entered into a joint venture with Jurong Town Corporation (JTC) to develop a high technology warehouse complex at Pandan Crescent. In a statement yesterday, UEL said it would invest through
      339 words
    • Article, Illustration
      APB should consider decentralising management, issuing new shares
      774 19  -  HOCK LOCK SIEW By Genevieve Cua SINGAPORE Asia Pacific Breweries is often held up as a model of regional isat ion today. But four years ago when it first unveiled an ambitious plan to invest $1 billion in breweries all over Asia,
      774 words
    • Article, Illustration
      SIA takes 40pc stake in Beijing airport venture
      302 19  -  By Ramesh Divyanathan SINGAPORE Singapore Airlines has taken a 40 per cent stake in a joint venture to provide ground-handling services at China's busiest airport, Beijing. The venture Beijing Aviation Ground Services or BAGS is between SIA unit Singapore Airport Terminal Services
      302 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        40 19 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Daiwa, Fraser, Kay Hian, Ongco. Phillip. Tat Lee. Wl Can ana SG Warburg.
        40 words
      • Article, Illustration
        HOT STOCK
        157 19  -  Br Paul Leo Parkway Holdings has been ranging between $2.80 and 53.26 since Feb 22. At yesterday's close of $2.96, the technicals are indicating that the share will break above $3.26 soon and rally towards $4.00. Daily Moving Average Conver-gence-Divergence Indicator has been signalling a buy since early
        157 words
    • COMPANIES
      • Article
        Paramount plans to leave family tiffs behind
        568 21  -  M'sian property group sets new targets after splitting businesses among family members From Ho Kay Tat in KUALA LUMPUR MALAYSIAN property group Paramount Corporation Bhd wants to put the squabbles within the Teo family behind it and expand on its own steam, chief
        568 words
      • Article
        Lock icon Renong signs MOU for Indian highway job
        198 21 Bernama KUALA LUMPUR The Renong Group yesterday signed a Memorandum of Understanding (MOU) with the Haryana state government for the construction of an expressway in the state estimated to cost USSKH) million (about SSI6O million). Haryana Chief Minister Chaudri Bhajan Lai said the
        Bernama  -  198 words
      • Article
        Lock icon Setron manages to reduce losses due to debt recovery
        191 21 Bernama KUALA LUMPUR The recovery of a major debt led Setron (Malaysia) Bhd to slash its group pre-tax losses to M 5647,000 (*****,000) for the year ended Dec 31, 1993, from a loss of M 53.68 million a year before. Group
        Bernama  -  191 words
      • Article
        Lock icon KL market watchdog rejects flotation of Multi-Purpose Capital
        285 21 Bernama KUALA LUMPUR The Securities Commission has rejected the proposed flotation of Multi-Purpose Capital Holdings Bhd (M Capital) on grounds that it has not fully complied with the chain-listing requirements. M Capital is the holding company for all the financial services businesses
        Bernama  -  285 words
      • Article
        Lock icon Hicom owns 85pc of second M'sia airline
        284 21 Bernama KUALA LUMPUR Hicom Bhd, a government-backed conglomerate, has emerged as the single largest shareholder in the planned second national airline, with an 85 per cent interest. The remaining IS per cent equity participation in Air Asia Sdn Bhd is held by Mofaz
        Bernama  -  284 words
      • Article, Illustration
        KIE steps up efforts to tap regional opportunities
        271 22  -  By Ven Sreenivasan FACED with sluggish business prospects in Singapore, main board-listed Keppel Integrated Engineering is stepping up its regionalisation efforts. "The local construction and marine-related industries are not expected to show much improvement in the new year," says KIE chairman Loh
        271 words
      • Article
        Lock icon Indon pipe, steel firm Bakri's profit soars
        177 22 AFP JAKARTA A leading private pipes and steel firm, PT Bakrie Brothers, and its subsidiaries yesterday announced a five-fold increase in consolidated net profit to 26.38 billion rupiah (5519.2 million) last year from 4.09 billion rupiah. PT Bakrie Brothers said in its financial
        AFP  -  177 words
      • COMPANY BRIEFS
        • Article
          Wearnes arm buys 25pc of Peripherals
          114 22 SINGAPORE Wearne Brothers yesterday said its computer arm, Weames Technology, has acquired 1.62 million ordinary shares in Wearnes Peripherals for U5525,000 (5539,000). Wearnes Peripherals was formerly known as Microscience International Singapore. The shares represent 25 per cent of Weames Peripherals and it now becomes
          114 words
        • Article
          San Teh in China rubber venture
          87 22 SINGAPORE San Teh, together with the Hongkong Daito Trading Co and Kishimoto Sanyo, will set up a joint venture firm called Daito Polymer HK. Hongkong Daito will hold a 57 per cent stake, San Teh will hold 33 per cent while Kishimoto will hold
          87 words
        • Article
          Seapower unit made exclusive agent
          44 22 SINGAPORE Seapower Asia Investments said yesterday its subsidiary. Top Glory Insurance Co, had been appointed the exclusive agent by The Ming An Insurance Co. The Ming An Insurance is believed to be a leading general insurance company in Hongkong.
          44 words
        • Article
          PacCan announces departure
          23 22 SINGAPORE Pacific Can Investments Holdings has announced that former chief operating officer Kevin Yap is no longer with the company.
          23 words
        • Article
          First Capital sets up firms
          59 22 SINGAPORE First Capital Corp has set up two firms, First Kew Development Pte Ltd and First Tanglin Land Pte Ltd. Both companies have a paid-up capital of $2 each and will be involved in property development. First Capital also said Abdul Hamid Ghani Jinnah had
          59 words
        • Article
          Sime Singapore appoints new director
          40 22 SINGAPORE Sime Singapore has appointed Syed Tamim Ansari Syed Mohamed as director of two of its subsidiaries Sime Rengo Packaging Singapore and Rising Paper Products Pte Ltd. Mr Syed Tamim. 46, replaces Mohamed bin Yaacob.
          40 words
      • Article
        Berger bags two jobs worth over $500,000
        225 22 SINGAPORE Berger International. which has just recently launched its initial public offering, has secured two new projects worth more than $500,000 in Singapore. The first involves the supply of heavy protective coatings to the new Safti Military Institute now under construction at Jurong.
        225 words
      • Article
        Lock icon SM Prime's IPO plan hit by investor dispute
        199 22 AFP MANILA A plan by SM Prime Holdings Inc, the holding firm of ethnic Chinese shopping mall magnate Henry Sy, to go public has been derailed by a dispute with one of his business partners, the state corporate watchdog said. The Securities
        AFP  -  199 words
      • Article
        Lock icon Brierley gold digging at Adsteam: brokers
        251 22 Reuter MELBOURNE Sir Ron Brierley's move onto Adelaide Steamship Co Ltd's (Adsteam) share register is aimed at extracting hidden worth, brokers said. "Ron Brierley has been a good fossicker (digger) for quirky value in the market," an analyst said of the news that Brierley's
        Reuter  -  251 words
      • Article
        UNIT TRUSTS & FUNDS
        482 22 UNIT TRUSTS FUNDS ■win' prtCM Apr IS US Cr Fund 104 I0«— Singapara Unit Trwt U* tamt llgt UJ i 71 i an Unihtad I.4J 1.49 TK- S6 im!i I nibond 1025 105 0 7i Q75 toiled Gr Fund! 164 1.71 S'pore L04 V* U~d A« Fund 17. IJI? S
        482 words
      • Article
        Lock icon Malaysia's first hotel in Vietnam expected to be ready in 1996
        248 22 Bernama HANOI The first Malaysian hotel project in northern Vietnam, which was visited by Culture, Arts and Tourism Minister Sabbaruddin Chik yesterday, is expected to be completed in 19%. The lake-side MSI 10.7 million (Ss64 million) hotel and hotel-apartment
        Bernama  -  248 words
      • Article
        DIVIDENDS ANNOUNCED
        1734 22 Payawat Ex Books Pay date daw date ABK Hldgs 5* F 9 Jun 29 Jul S Jul IS Aema F 10 Jun 14 Jun 20 Jul 5 Amtck Eng 20* I 6TE Apr IS Apr 21 Apr 29 Berjaya Group I 6 Mar 11 Mar 28 Apr 18
        1,734 words
      • Article
        Lock icon UK's biggest hotels group, Forte, bullish about future
        286 23 Reuter, Bloomberg Business News LONDON Britain's biggest hotels group Forte pic, announcing a rise in full year pretax profits before exceptional items, says its outlook is its most optimistic for a few years. The current trading year began well, with sales and
        Reuter,; Bloomberg Business News  -  286 words
      • Article
        Lock icon Reliance likely to see 55pc rise in net profit
        331 23 Reuter BOMBAY Petrochemicals and textiles giant Reliance Industries Ltd will post an estimated 55 per cent rise in net profit for 1993/94 (April/March). Analysts yesterday said Reliance, aided by a buoyant synthetic fibres market and changed depreciation accounting rules, would for
        Reuter  -  331 words
      • Article
        Lock icon US firms take big risks with derivatives
        753 23 P&G, Gibson Greetings and others incur massive losses with interest-rate swaps Bloomberg Business News NEW YORK You may be getting more than you bargained for these days when you buy stock in almost any major US company. If you buy shares in Procter
        Bloomberg Business News  -  753 words
      • Article
        Lock icon Probe still on, but Woolworth to restate '93 quarterly results
        373 23 NYT NEW YORK Though its own investigation into accounting irregularities is still incomplete, Woolworth Corp will restate its quarterly results for last year, but its auditors are otherwise standing by the annual figures reported for 1992 and 1993. Woolworth said
        NYT  -  373 words
      • Article, Illustration
        Lock icon Japanese banks balk at Euro Disney's plans
        199 23 Bloomberg Business News PARIS Three of Euro Disney's creditor banks are still unhappy with the restructuring agreement reached last month between a steering committee of creditor banks. Euro Disney and the parent Walt Disney Co, a French banker involved with the negotiations said.
        Bloomberg Business News  -  199 words
      • Article
        Lock icon Microsoft seeks US$22m in China piracy case
        271 23 AP SEATTLE US computer software maker Microsoft Corp is seeking US$22 million (SS34 million) in a trademark infringement case in China. A company lawyer said on Wednesday that the case stemmed from raids in which police seized tens of thousands of fake holograms
        AP  -  271 words
      • Article
        Lock icon ABB's orders up 8pc in first quarter
        116 23 Bloomberg Business News ZURICH Asea Brown Boveri. the Swiss-Swedish heavyengineering company, said orders in the first quarter of this year rose 8 per cent to USSB.2 billion (5512.8 billion), from U557.55 billion in the same period last year. ABB said its orders for
        Bloomberg Business News  -  116 words
      • COMPANY BRIEFS
        • Article
          Lock icon Kowloon Motor Bus profit up 6.4pc
          82 23 Bloomberg Business News HONGKONG Kowloon Motor Bus, one of Hongkong's largest bus companies with services in Kowloon and in New Territories. said its net profit rose 6.4 per cent in the fiscal year ended Dec 31 1993. In a statement to the stock exchange,
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Siemens' energy unit wins Taiwan order
          94 23 Bloomberg Business News ERLANGEN. Germany Siemens AG said its energy subsidiary, KWU, won an order worth almost one billion Deutschemarks (SS92I million) to equip a power plant in the Taiwanese city of Tainan. The contract includes the supply of IS gas and steam turbines,
          Bloomberg Business News  -  94 words
        • Article
          Lock icon Wal-Mart files US$1.75b shelf debt
          69 23 Reuter ATLANTA Wal-Mart Stores Inc, America's laigest retailer, said on Wednesday it plans to file a US$l.75 billion (552.74 billion) shelf registration with the Securities and Exchange Commission to cover debt financing needs. Paul Carter, Wal-Mart's chief financial officer, said that proceeds from the debt
          Reuter  -  69 words
        • Article
          Lock icon Blue Circle announces 76pc jump
          65 23 AFP LONDON The British cement and construction materials company. Blue Circle, yesterday announced a 76 per cent jump in 1993 pre-tax profits to 165.6 million (SS3B4 million) from £93.8 million the previous year. Sales rose 22 per cent to £1.679 billion from £1.370 billion in
          AFP  -  65 words
      • Article
        Lock icon Heinz to buy Borden's food-service unit
        328 23 NYT NEW YORK H J Heinz Co is expected to acquire Borden Inc's food-service unit in the next few weeks. Industry analysts on Wednesday said the sale of the unit, which had US$27O million (***** million) in revenue last year, would be the first
        NYT  -  328 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Showdown time, as Globex faces loss of contracts
        694 24 NYT CHICAGO It is showdown time at Globex, the world's first international, round-the-clock electronic market place for futures and options traders. The partnership agreement under which Reuters pic, the British news and market information company, has developed the computer-based network for the
        NYT  -  694 words
      • Article, Illustration
        Lock icon Spurt in China's sugar tolling
        748 24 Raw imports for refining increased to meet Indian, Middle East demand Knight-Ridder SINGAPORE China is increasing tolling to meet demand from India and the Middle East, but its window of opportunity for sugar sales to India may be narrow, traders say. The Chinese have bought
        Knight-Ridder  -  748 words
      • Article
        Lock icon S Africa polls to have little impact on platinum
        317 24 Reuter LONDON Precious metals markets have been worrying about South Africa's elections for so long that when they are finally held this month the impact on prices is likely to be muted unless violence escalates to catastrophic levels, industry analysts said.
        Reuter  -  317 words
      • Article
        Top private Jakarta bank to raise US$33m in S'pore
        164 24 SINGAPORE PT Bank Dagang Nasional Indonesia (BDNI), one of Indonesia's top five private national banks, is to raise US$33 million (SSSI million) through an issue of floating rate certificates of deposit (FRCD). The arranger is Singaporebased Schroder International Merchant Bank Ltd.
        164 words
      • Article, Illustration
        Lock icon Fiji, Malaysia hold talks on renewing sugar contract
        103 24 Reuter SUVA, Fiji Fiji and Malaysia have begun negotiations aimed at renewing a contract under which Malaysia buys more than a quarter of Fiji's annual sugar crop. Fiji Sugar Marketing Co said Fiji was happy with the quantity sold to Malaysia but
        Reuter  -  103 words
      • Article
        Lock icon LONDON
        177 24 Bloomberg Business News LONDON The dollar dropped against the deutschemark yesterday as traders sold after a cut by Germany in key interest rates. The dollar climbed as high as 1.7160 marks immediately after the Bundesbank announced the rate cuts, but many people used the rise as a chance to
        Bloomberg Business News  -  177 words
      • Article
        Oil futures prices rise on news of lower supplies
        165 24 Bloomberg ENERGY REPORT LONDON Oil futures prices rose in London and New York following a reduction in the number of UK North Sea Brent crude cargoes to be loaded next month, brokers said. Prices also surged, before retreating, on initial erroneous
        165 words
      • Article
        Lock icon NEW YORK
        90 24 AFP NEW YORK The dollar was slightly higher against the Japanese yen and German marie yesterday after the German Bundesbank cut two key rates. At about 9:30 am (1330 GMT), the dollar traded at 1.71 IS marks, up from 1.7080 marks late on Thursday, and at 104.10 yen
        AFP  -  90 words
      • Article, Illustration
        Untitled
        1288 24 radr m ntHlnJ inrfrx ivkvlainJ Oflßimf S'porr't lap 14 trading partners Ba\r yrar I9tf USS/SS forward rotes Noon Apr 14 St W Oflcr 1-moMh 1.5619 1.5634 2-monlh 1.5620 1.5635 3-month 1 5623 l.563> 6-month 1.5623 1.5643 Sounr. OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at %am m Apr 14:
        1,288 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar and Euroyen end mixed
        1327 25 Reuter SINGAPORE Simex Eurodollar and Euroyen futures close mixed in moderate trade yesterday. Sentiment for Eurodollar was mixed as inflation fears took a back seat yesterday, dealers said. Flat US retail sales and consumer price data released on Wednesday showed that inflation was not accelerating,
        Reuter  -  1,327 words
      • Article
        Tin ends up despite higher LME stocks
        606 25 COMMODITY REPORTS Tin TIN closed three sen up at MS 14.48 a kg yesterday, mainly aided by initial small offers despite news of a SlO-tonne rise in the London Metal Exchange (LME) stocks, traders said. "The market should come down because of a
        606 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          India to import edible oil
          121 25 NEW DELHI India's state-run State Trading Corp will be importing some 58,000 tonnes of edible oil. most probably palm olein, to combat a rise in local vegetable oil prices, a trade official said yesterday. The industry expects the government to allow more oil to be
          121 words
        • Article
          Japan's zinc galvanised steel output
          124 25 TOKYO Japanese output of zinc galvanised steel was a preliminary 938,400 tonnes in March, down S.I per cent from a year earlier, the Japan Iron and Steel Federation said yesterday. The March figure is up 12.4 per cent from a revised February production total of
          124 words
        • Article
          China's Jan metal exports
          68 25 TOKYO China exported 6 tonnes of unwrought copper and its alloys in January, down 98.1 per cent from January 1993, according to China's official external trade statistics. China exported 2,373 tonnes of copper products in January, up 165.6 per cent from a year before. Exports of
          68 words
        • Article
          Loan for Russian gas pipeline
          57 25 LONDON A loan for US$l.6 billion (SS2.S billion) to refurbish the Russian gas pipeline system was signed in London on Wednesday, the Financial Times reported yesterday. The deal, signed by 47 western banks, will allow the Russian state gas company Gazprom to boost gas exports
          57 words
    • Article
      COMMODITY PRICES
      1427 25 Rubber CtMMdtty ExcfcMgi (Mm daaiag m at lp) MS 1 C—tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 94 I I 145.75 I T«00 Jun 146.30 145.75 146.25 400 6.323 Jul 146.23 146.00 146.73 130 1.300 Aug 146.73 146.30 147.23 130 1.300 Sep
      1,427 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1187 26 -19.7 The Australian share market yesterday surrendered Wednesday's gains, dragged lower by falls on Wall Street and weaker futures. "People are concerned about the short-term direction of the (US) market with the Dow Jones a bit vulnerable." said one broker. Brokers said investors were wary and adopting a wait-and-see
        1,187 words
      • Article
        Manila
        549 26 +63.79 Share prices rose by around 2.4 per cent on the strength of blue chips and selected second-liners, analysts said. The composite index at the Philippine Stock Exchange has climbed 63.79 points to close at 2,759.50. It gained 124.90 points, or 4.7 per cent, in the past two days.
        549 words
      • Article
        Taipei
        563 26 +8.85 The stock index ended higher in sluggish trade with financials up but industrials down on light profit-taking, brokers said. The weighted index wavered narrowly during the whole session to end up 8.85 points at 5.461.99. Turnover fell to this month's lowest level at NT532.66 billion from Wednesday's NTS3B.I
        563 words
      • Article
        Seoul
        448 26 1.19 Stocks closed slightly higher in a day of another rumour-laden trading, with heavyweights Posco and Kepco widely fluctuat- ing. brokers said. The composite stock index added 1.19 points higher at 883.52. off the dav's high of 891.90. "Rumours that the government would initially relax an eight percent limit
        448 words
      • Article
        New Zealand
        301 26 -21.94 The New Zealand share market failed to break free from its recent pattern of Dow-watching to end the day weaker. The NZSE-40 capital index closed 21.94 points lower at 2,123.55. Falls outnumbered rises by 57 to 23. All the leaders fell, although none markedly weakened from their
        301 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        715 26 Britannia Funds Mrrliag C »h Bid Offer M.m < jp Deposit II MU) In «iS«) MimJeno(.ik 0 1*4) 0 1442 Mini Ma» Income •0>» <iu *l 0100 I si Cash Income Plus Fund I04'00 PSS Revoe Fund 5 2500 5 2*00 Euro Perlormanc* 04W OW# Far Em Fund *2 ?A5«
        715 words
      • Article
        London
        644 26 -14.1 Share prices ended a nervous session down but on a brighter note yesterday, helped by a steadier gilt market and a recovery in the Dow after an early 20 point loss. Interest rate sentiment was helped by a 25 basis point cut in the Bundesbank's key interest rates,
        644 words
      • Article
        Paris
        163 26 -13.31 French stocks fell as investors speculated the weak franc would prevent the Bank of France from reducing interest rates rapidly. French stocks rallied briefly on a quarter-point cut in the German Bundesbank's discount and Lombard rates. Adding to market volatility was an unconfirmed report by British Broadcasting Corp
        163 words
      • Article
        Stockholm
        121 26 -1.91 pc Swedish shares ended around 2 per cent lower after a volatile afternoon after the market failed to be impressed by European rate cuts. Minutes after the German rate cut. indices pared their losses only to fall back again. Prices then edged higher and by the close were
        121 words
      • Article
        Frankfurt
        201 26 -10.48 German stocks were largely unimpressed by the Bundesbank's rate cuts yesterday afternoon. In computerised Ibis trading after the floor session, stocks gained briefly after the news of a quarterpoint cut in both the discount and Lombard rates, but retreated to their earlier levels shortly afterward. The DAX index
        201 words
      • Article
        Brussels
        129 26 -5.31 Germany's Lombard and discount rate cuts failed to stop Belgian shares from closing 0.36 per cent lower as dealers were gloomy about the short-term prospects for the market. The Bel-20 index ended 5.31 points down at 1,483.56 with about 1.8 billion francs worth of Belgian shares traded. Brussels
        129 words
      • Article
        Milan
        136 26 +196 Italian shares closed higher as individual investors resumed buying on expectations a right- wing government will take office next week, traders said. The market's blue-chip Mibtel Index rose 1.6 per cent, or 196 points, to 12,608. On Wednesday it fell 2.9 per cent, breaking five straight days of
        136 words
      • Article
        Amsterdam
        213 26 -0.39 One more session to go, through today's options expiry, and Dutch shares will be ready to make further progress after rising 6 per cent in just over a week, dealers said. The AEX eagerly grabbed back most of session losses by the end. to close just 0.39 weaker
        213 words
      • Article
        Zurich
        223 26 -17.35 Swiss shares closed lower, ignoring the Swiss National Bank's discount rate cut of 1/2 a point to 3.50 per cent. Dealers said the SNB wanted money-market rates lower. They said shares were likely to rise today once the market had evaluated the new interest-rate situation. The broad SPI
        223 words
      • Article
        Johannesburg
        273 26 -45 South African shares failed to maintain a steady afternoon trend by the close as bullion dipped and political fears depressed prices. The overall index ended 68 points off at 4,955, industrial index 45 points down at 5,706 and gold index down 30 points to 1,956. Johannesburg Vpr 14
        273 words
      • Article
        Toronto
        298 26 +10.99 Toronto stocks were broadly mixed with a firm bias in listless midday action yesterday as several sectors rebounded, but gains were muted by forestry losses. The products group fell 76.43, or 1.72 per cent, to 4,361.91 as several stocks were bashed ahead of a British Columbia forest strategy
        298 words
      • Article
        Now York
        741 26 +5.35 Blue-chip stocks gained at midscssion yesterday, buoyed by gains in oil shares following the shooting of US helicopters in north Iraq. The Dow Jones Industrial Average was up 5.35 points at 3.666.82 at I pm EDT. But in the broader market, declining issues led advances 5-4 on
        741 words
    • Article, Illustration
      Lock icon HONGKONG
      2666 27 Bloomberg Business News HONGKONG Renewed concerns that the US Federal Reserve may push up interest rates again to head off inflation knocked down stock prices yesterday. Ratesensitive property and bank shares were hardest hit. Investors concerned about the interest rate outlook lowered offers to sell Hongkong shares to lock
      Bloomberg Business News; Source: Bridge Info  -  2,666 words
    • Article, Illustration
      CHINA
      499 27 THE Shanghai B market yesterday broke its downward trend since the end of last month. The CLSA B index increase of 25.78 points to 712.28 was led by overseas brokers, with locals following suit. Turnover increased to U556.37 million, with buying across the board. Hero, Chlor Alkali, and Dazhong
      499 words
    • Article, Illustration
      Lock icon TOKYO
      2486 27 Bloomberg Business New TOKYO Stocks were mixed yesterday as investors awaited news about who will be Japan's next prime minister and signs that Japan's economy will rebound in coming months, traders said. Investors and traders are less concerned with the political tussle itself than the effect it could have
      Bloomberg Business New; Source: Bridge Info  -  2,486 words
    • Article, Illustration
      Lock icon JAKARTA
      1128 27 Bloomberg Business News JAKARTA Indonesian share prices rose as investors turned their attention from US interest rates to the promise of strong corporate results and low inflation at home, traders said. "Investors are feeling more confident now since inflation in Indonesia is lower and companies are expected to post
      Bloomberg Business News; Source: Bridge Info  -  1,128 words
    • Article
      CLOB INTERNATIONAL
      2567 28 Prowict 3 829.000 Mulpha tall JOc 1402.000 Mns Hyd SOc 2.746.000 Asia Pac Ld 2.J47.000 Bcwa Imt 1.769.000 D*C Bulk SOc 1.712.000 Kjmunnnf 50c 1.4*3.000 FACB 50c 1.317.000 MBfCapilal 1.067.000 AMDS JOc 1.*****0 Raya TSR97 997.000 Rcnona Bhd JOc 943.000 Johan Hkip SOC. 917.000 Mulpha Inll 50t 8.650.100
      2,567 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Local sentiment bruised by Wall Street bears
        5541 28 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index fell 0.79 per cent as concerns about Wall Street's overnight fall rattled investors already bruised by this year's drop in Malaysian share prices, analysts said. Falling US share prices have strained nerves, particularly since
        Bloomberg Business News; Source: Bridge Info  -  5,541 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7261 29 W»AW) I g f~frctfa>(»to:Aprj4 I Gr Gr 1993/94 Lasl Vol Day Last Qmk D»* Di> VM Net M Cap High Loo Cum pan > Sale ("000) High Low Bajrr Seller Cit P/E bail INDUSTRIAL AND COMMERCIAL 1440 260 I Acma 945 cd -IS 16 955 945 940 <>50 17.5 2.1
        7,261 words
      • Article, Illustration
        Lock icon Market mixed, but index rises on blue-chip buying
        1854 30  -  By Paul Leo SINGAPORE The local bourse was mixed but the benchmark Straits Times Industrials Index managed to end higher on selected demand for blue chips by institutional investors. The ST 11 ranged between a narrow 9.56-point band to end the day
        Charts by Bridge Info; Source: Bloomberg  -  1,854 words
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      478 19 NEWS VALUE How today's news might affect your stocks S'pye hotels can expect high occupancy rates to cowtiwae (pg I) Positive for hotel stocks. Improvement quite unexpected. CMtmh team begins lIS visit to heest trade* dplematic ties (pg I) Good for regional stocks, Hongkong in particular. Delar buying sparks taft
      478 words
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      13 21 The StraitsTimesClassifled 1 Where &!sellers someone to j |i ill; mn l* i7i7-ii«
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      Page 21 Advertisements Column 2
      235 21 it with DHL Compare DHL door-to-door the airport, the price and service your shipments. Plus the security service with normal air freight advantage o* DHL Express Freight of the most advanced shipment and it's easy to see how DHL is crystal dear. track-and-trace system there is. Express Freight can save
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      762 22 business ti m__e_s_ I IF I I Keppel Finance Limited I (Incorporated in the Republic of Singapore) I NOTICE OF I I ANNUAL GENERAL MEETING I I NOTICE IS HEREBY GIVEN that the 30th Annual General Meeting of the H I shareholders of the Company will be held at the
      762 words
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      90 23 BUSINESS T I M__E__S TOLL-FREE TEL. No. 1-800-741-1883 FA X 741 -1298 All of these securities having been sold, this announcement appears as a matter of record only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. New Issue April 1994 UJS. $1,000,000,000 New
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      36 25 $HSE£l£*«;l«OKI 5330 > OKI ***** aed* eaisffitii»asasia mmw USH»D(B6)-898-*****27 Find a new driver for your car Sell your car to a variety of drivers quickly and get yourself a new one with a convenient, fast-acting classified ad.
      36 words
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      Page 25 Advertisements Column 2
      48 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 737-1166 Mafae the connection through The Straits Times Classified when you're yJK looking for jf.T Vi bargains or looting for customers. T Just give us CJLU acalL |re7-iIC;!
      48 words
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      38 28 SINGAPORE Business Times WEKNOWAM Customer Relations Section Circulation Department Singapore Press Holdings Limited •82 Genting Lane Occupation Fax IB;I5S News Centre Singapore 1334 ?■4 jffiS JT^S■ Tel: 1800-749 2577 Fax 744 487S Tel: (O) (H) jg I BTtangiWjTOmj
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      6 28 PIRBONEOTNANGF INVESTMENT Tomorrow in Business Times
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      61 29 SINGAPORE COMMUNICATIONS EQUIPMENT CO PTE LTD 8 Jalan Kilang Timor 002-09 Kewalram House Singapore 0315 Tel 278 7088 Fax 278 7898 /276 6698 The Skilled displays in the right media and the right company. Classified the people finder. THE STRAfTS TIMES THE SUNDAY TIMES BUSINESS TIMES THE NEW PAPER UANME
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      1571 30 TOLL-FREE TEL. No. 1-600-741-1883 FAX:74I-1298 M THE MATTER OF THE COMPANIES ACT, CAP 50 ANO DISTRIBUTION AND WAREHOUSING SYSTEMS PTE LTD jMtmbtn 1 votuntvy wtndinQ up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Section 306 of the Companies Act, Cap. 50, a final meeting of the
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      Page 30 Advertisements Column 2
      338 30 SMGAPORE MOU9CO I HOUMNGS (PTE) LTD I J (In Members' Voluntary I Winding-up) LIQUIDATORS' OFFICE: I 15 Beach Bond I I #03-10 Beach Contra I Singapore 0718 j NOTICE OF FINAL MEETMG J I NOTICE IS HEREBY GIVEN I pursuant to Section 306 of I the Companies Act. Chapter 50.
      338 words
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      Page 30 Advertisements Column 3
      275 30 la Km Matter of THE COMPAMKt ACT. CAT. SO Ana In the Mattar of UTAT CHEDTT PTE LTD At an Extraordinary General Meeting of UTAT CREDIT PTE LTD, duly convened and held at 100 Jatan Sultan. #07-00. Suit an Plaza, Singapore 0719 on the 30 March 1994, the Special Resolution
      275 words
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  • Shipping Times
    • Article, Illustration
      Lock icon 1993 newbuilding orders second highest in 10 years
      530 31  -  By Ramesh Divyanathan SINGAPORE New vessel orders totalled 22.7 million gross tons in 1993, the second highest figure in 10 years. Classification society Lloyd's Register says in its recently released 1993 annual report that the level of orders was unusually high given
      Source: Lloyd's Register  -  530 words
    • Article
      Telecom to launch mobile satellite service
      261 31 SINGAPORE Singapore Telecom is launching a mobile satellite communications service, called lnmarsat-M, for maritime and landmobile customers. All transmissions through Telecom's service will be relayed through the satellite earth station at Sentosa. Inmarsat-M supports telephone and facsimile transmissions through the Inmarsat satellite over the
      261 words
    • Article
      Lock icon M'sian Bill to tighten supervision of shipping
      195 31 Bernama KUALA LUMPUR Operators of ships engaged in a host of activities in Malaysian teiritorial waters will have to notify the director of marine under proposed amendments to the Merchant Shipping Ordinance 1952 tabled in Parliament. The Merchant Shipping (Amendment) Bill was submitted
      Bernama  -  195 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1103 31 Pate Col ABC Containerline 12 S Accord Group 8 1-3 Africa Container 16 4 •Ahrenkid Liner 4 1/2 AOEShpg IS 4/5 •ANL 3 1/2 AntacoMgmt 17 1/2 •APL 5 3-5 Appenship 8 4/5 Arabian Express IS 3 ASCL 5 5 Assist Marine 6
      1,103 words
    • Article
      Steamers ventures into containerships
      237 31 SINGAPORE Steamers Maritime has bought a containership through its wholly owned subsidiary Straits Container Line. The purchase is the first in what is described as a "major new initiative" to invest in container feeder ships for the charter market. Steamers, a listed member of the Keppel
      237 words
    • Article, Illustration
      Lock icon QE2 survives aviation age with class
      528 31 AP NEW YORK The Queen Elizabeth 2, the only luxury liner making regular transatlantic crossings, survives the aviation age on some travellers' nostalgia for the days of steamer trunks, and others' fear of flying. The luxury liner pulled into New York harbour on its
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    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
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        515 words
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        CONTAINER SCHEDULES
        1439 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookhf/Bobnce Rsfts Sty Voy No Etb/Btr Poriod From To From kn iw» Q51A 16/1500 2B 13/1700 14/0B§ 14/0100 D 1A j 14/0700 14/1159 14/1400 4 14/1200 14/1459 14/1W0 r~7T [vjoOO U
        1,439 words
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      THE SHIPPING GUIDE
      13024 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
      13,024 words
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      VERITAS BUNKER QUALITY REPORT
      532 47 Catai Career Apt 7 tarty Nate Rradut Mi MnMrn Mkmnl Density Water Mtm Mi jjgMg M M KG/HT3 V/V M M MM PPM JS KG/W3 V/V M/M M M PPM J BO/Cbnc 1Mb Spec E25 991 1.0 ISO 010 30* 010* Eastern USA 180 Ave 981
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      DAILY FREIGHTS
      697 47 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1.253 on Wednesday from 1.246 on April 12. Kates look to be firming for smaller capesize vessels trading in the Atlantic with an increase in coal cargoes from the US and South American grain boosting activity,
      697 words
    • Article, Illustration
      Lock icon Ferry revival in New York
      1088 48  -  Commuters are willing to pay more to take a ferry to Manhattan than to use other modes of public transport, reports Thomas Lueck Thomas Lueck AP AFTER seven years of gradual expansion, ferry service in the New York region is about to brafich out in
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    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Changing requirements may be slowing US air traffic upgrade
        551 50 Bloomberg Business News WASHINGTON The best way to get the long-delayed overhaul of the US air traffic control system back on track is to nail down the programme's requirements, the chairman of Loral Corp told Congress on Wednesday. Government regulators have
        Bloomberg Business News  -  551 words
      • Article
        Lock icon Canada introduces law to cancel airport deal
        244 50 Reuter OTTAWA The Canadian government brought in legislation on Wednesday to cancel a controversial agreement that would have leased two terminals at Canada's largest airport. The Liberal government said the new law would cancel the deal to lease terminals one and two at
        Reuter  -  244 words
      • Article
        Lock icon Russia to improve air safety with tough measures
        439 50 AP MOSCOW Russia's minister of transport acknowledged on Wednesday that air safety has become "very weak" since the 1991 collapse of the Soviet Union and pledged tough new controls to improve the situation. Transport Minister Vitaly Yerimov said that in the wake
        AP  -  439 words
      • Article
        Lock icon UAL may hold talks with flight attendants
        302 50 Reuter NEW YORK Gerald Greenwald. the proposed leader of UAL Corp following its employee buyout, said he may reopen discusssion with the company's flight attendants as early as next week in an effort to get them to join in the plan. "I belive
        Reuter  -  302 words
      • Article, Illustration
        Lock icon Van with a difference
        86 50 Reuter TOKYO Honda's new delivery van equipped with crawler trends Acty Crawler cruises pnst Tokyo's Zojoji temple on Wednesday. It is the world's first commercial vehicle with rubber treads in place of rear wheels. This 660 cc four-wheel drive innovation, developed for rough terrain such as
        Reuter  -  86 words
      • Article
        Lock icon 6 countries to make debut at DSA '94
        74 50 Bernama KUALA LUMPUR Defence manufacturers from Belgium, Brazil, Denmark, Macedonia, New Zealand and Thailand will make their debut at Defence Services Asia '94 (DSA '94) at the Putra World Trade Centre here starting on Tuesday. The organisers Malaysian International AfTairs Forum and
        Bernama  -  74 words
      • Article
        Lock icon Orient denies report of bond issue
        86 50 Reuter HONGKONG Shipping company Orient Overseas (International) Ltd denied in a statement to the Hong Kong Stock Exchange a press report that it is planning to issue a convertible bond, and said it did not know why its share price had risen exceptionally. "The
        Reuter  -  86 words
      • Article
        Lock icon Garuda orders six Boeing 777s
        81 50 Reuter JAKARTA Indonesia has ordered six of Boeing Co's new twin-engine 777 aircraft for its national airline Garuda in a deal worth between US$ll6 million (SslB2 million) and US$l4O million per unit, Antara news agency said. It quoted Director General of Air Transportation Zainudin Zikado
        Reuter  -  81 words
      • Article
        Lock icon GPG unveils 5pc stake in Adsteam
        98 50 Reuter SYDNEY Ron Brierley's Guinness Peat Group pic said it has acquired 5.26 per cent of debt-laden investment group The Adelaide Steamship Co Ltd. The holding totalled 21.16 million shares, GPG said in a substantial-shareholder's notice to the Australian Stock Exchange. The notice threshold
        Reuter  -  98 words
      • Article
        Lock icon Japan set to buy Sikorskys: industry
        97 50 Reuter TOKYO Japan's Defence Agency is likely to decide soon to buy Sikorsky Aircraft's UH-60J helicopter for its Ground Self-De-fence Force, industry sources said. Mitsubishi Heavy Industries Ltd makes the UH-60J under licence. Sikorsky is a United Technologies Corp unit. The Nikkei economic daily
        Reuter  -  97 words
      • Article
        M'sia, S'pore launch drive on vehicle emission control
        220 50 SINGAPORE A MalaysiaSingapore committee on the environment yesterday launched an education campaign on vehicle-emission control. The committee kicked off the campaign with a twopronged approach aimed at motorcyclists, fleet owners and drivers of diesel vehicles. Co-chairmen Tan Guong Ching, of Singapore's Environment
        220 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
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        1,434 words
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      19 31 Cf INTER Container Lashing Equipment K INTEnMARINE Supply Co (Re) Ltd Eaduafc* Agar* AMribulor MWinwrtii tvmvh Co (Pt») Ltd
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      21 31 Ferry revival in New York, Page 18 Changing requirements may be slowing US air traffic upgrade, Back Page S2£SSS|i ftf 7******/*****00
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      39 31 THE jj& FAMOUS Cnnon ■aSOMI 224 1833 For mor* i*/ormatioa pIMM r«f«r to Pg. 15 1 DOLLARS &SENSE You don't have to be an Einstein to get relatively good returns. Personal Finance Investment Eveiy Saturday. t^mngakxe* Business Times •TODViUM
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      391 32 I TSKUNE AGENQES (S) PTE. LTD. 1 C T7 TUTF Tel: 226-3363 I H|W I A 3 A l\ t IJIM K F 226-1972/3 I UJT—Jf Tlx: RS *****/TSKSM. I TOKYO SENPAKU KAISHA, LTD. CR NO: H*****0000N I IMWI mi I ACX WUJ <338 1104 *1104 UM 1104 2314 2514
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      626 32 »I i« |ISfl""iS~| iTs I "H* jjj jjp jjj us I its as CNJHMM KGASUS 21 J I I I 1 1 »tm TVtIW 244 IS 111 }24 JJ* 17* *5 »4 g* |»S Sn 5Sw» c/«ii is >» »4 2*s —itan. 40 Ll* VO4IB 12.4 I 15* wm* MM*
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      1566 33 H OOCL (SI PTI LTD JAMNNC H lIP PINO AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. St *****13 FAX- ******* PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARO)/*****90 (OUTWARD) 1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****61/ *****82 ■"***=*^.^27o3/4I FAX:.*****6 CUSTOMER SVC TEL: *****92/*****91/*****93 Sor SHRU TEL 07 FAX
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      1881 33 mumssasm MAERSK LINE'S VERY OWN SERVICE TO EAST COAST OF SOUTH AMERICA ANDERS MS. V.9406 ETA SIN 20TH APRIL 1994 VMM Voy ETA ETD l~—dfd by m DESTINATIONS IMS «Hk MAGLEBY MAERSK V 9404 WW»^MMBMMMHHI—WH!—I■ CFS 18/04 2388 MRS JOH LPK PEN OAK LOB SfO MEM ATI MIA CMS BAL
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      1446 34 AQABA R'DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA HANNOVER EXPRESS 19/314 17/4 25/4 2/5 4/5 7/5 9/5 11/5 Poet Ketang. Penang THAMES 22/115 20/4 7/5 10/5 »/5 Pasir Gudang KAI 07/315 23/4 2/5 9/5 11/5 14/5
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      597 34 AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghundi. islamqala (Ooqharun) C.1.5./RUSSIA: VMtodwi, Vladivostok, Moscow, Baku, Tashkent, Irkutsk, Alma Ata, Aahgabad, Dushanbe N Korea: Pyongyang, Nampo Mongolia: Ulaan Bator FULL CONTAINER SERVICE TO NORTH/WEBT AFRICA VESSEL SIN PKR CGM Normandie V 2104 19/4 23/5 Ned Europe V 2114 26/4 23/5 Ned Hongkong V
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      1329 34 NORASIAN I^^L/VOY^^^^^^^SlN^AU3BC^^VA^^HAs^BR^^RO^^AN^^«^^UOn NORASIA SIM 9414-3 15/04 06/05 09/05 10/05 11/05 12/05 13/05 14/05 15/05 IVOS I NOR ASIA PEARL 20/04 11/05 14/05 15/05 16/05 17/05 18/05 19/05 20/05 20/05 I NORASIA PRMCESS 9416 3 27/04 18/05 21/05 22/05 23/05 24/05 25/05 26/05 27/05 2T/05 I SEA BREE2E 417 M 05/05
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      1606 35 H STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 tapfd Tmn Sitff 0200Tifc*****00r«K; *****17 SSff MAVKIATK>W CO) ACCEPTS I&WV b CM GO DUE SM.S i n I iirnii'V < 1 a Slum VENTWE VIM Muara. Lab 14-15 Apr IS 17 Apr FCL, LCL COtfTAJMCT AND WEAK MILK MRVKf TO
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      1517 35 Ilait SINGAPORE AGENT: HnM|| a i nAfiC P&O Containers (Singapore Agencies) Pte Ltd I l\l W t ill 11 Itfl 111 CIS 10 Hoe Chiang Road #07-01 Keppei Towers. Singapore 0208 m Tel: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z y j. I wnv
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      587 36 i|K EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE [~HO CHI MWM CITY >AQgH I HAM»HOHE/P«gCT 1 MMWtMQg UHH 717MWM41SH «LV»t CHAW anna —jjmjflMß MAttoj ?iwt» iMMra > TO VIETNAM/HCMC CONTJUIWM'BEDEft BBWK* {$£MjK3Kgt* CENTER-POINT *s 7 LINES «aa w In.rwn no> Imiat BUM 2U2 ILM
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      1425 36 HANJIN SHIPPING I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 I SALES TEL:- JJJ S |IIU I m m <M Ilk haul m m mia sx Ilk ham. sav tM ntc I HMUNWOCN 011E 15/4 OKCT 5/5 «/5 7/5 HMW "2S"« JJ Zil I HMUN HONGKONG 044 C 22/4 OKCT 12/5
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      1296 36 J J -I -Trl -1 ruscPßttwcutras ii m n m tto luck w ntcuw m m w n a m I L "If HM3 19/4 Q/4 25/4 27/4 »/4 2/5 J/5 4/5 5/5 4/5 7/5 11/5 31/5 2/4 1/4 12/4 13/4 14/4 14/4 15/4 »/4 4/7 1/7 lon K-044 21/4
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      2149 37 SCX: 'OCEANUS OSAKA/*RI32W ETA SGP 20/04/94 fll U II ARRIVING LOS ANGELES 07/05/94 IN 16 DAYS U RZ Af#lf II AEX:'NEPTUNE PEARL 14E'ETA SGP 24/04/94 H II ARRIVING NEW YORK 17/05/94 IN 23 DAYS HI :B1 II ~m ruMrwin rmmna r»pm yij rr -W r H *02 Cwnactmg MNornta jQSr
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      1086 37 A MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQURES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 jfc. A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 I^=FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****57 INVENTORY: *****59 AGENTS: KL:
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      1402 38 44_ AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (C* HO: **********QM/GST REG MO: M 2 *****99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 T MALAYSIA T" LINE MARITIME (MALAYSIA) SON IHO U ■y TEL. SA *****00 PK *****75 PEN *****0 J8 *****1 PGU *****5/6 INDONESIA: P.T. SAAANA LAUT MTERNUSA. TEL:
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      1134 38 ®APPENSHIP (S\ HAMBURG \T\J CONVENTIONAL ft INDEPENDENT UNER SERVICE —S EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS 10AMNG PORTS DISCHARGE/LOADING FOR SUMMER HAM 30/04 SPORE 29/04. BKK FRUITION KLA 28/03 ANT 05/04 SPORE 05/05 BKK LORELCV HAM 23/03 ANT 28/03 SPORE 14/05 BKK. LA EM KOALA CONTAINER LINE
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      956 39 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CR NO: **********06 VESSEL VOY SIN JKT SIN I VCSIcI VOT 3WI yi lißiuiT m>i 17/4 20/4 24/4 b XOTA MIM «*N W* *"< 24/4 gUNOA TERATAI 4663 10/4 22/4 20/4 OWBOIBT (THAI FLAG) MNI6M 19/4
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      1364 39 ttSSELS W SI "T Umm HAMBURG THAMES ROTTERDAM ANTWERf VO.LE DC TUCANA UO3W 11/04 11/05 13/05 14/05 17/05 HANS A CARRKR Ro3* 30/04 22/05 24/05 25/05 M/Ci 21/05 VKIE Df CARWA CO3W 06/05 M/ 05 30/05 31/05 01/06 03/06 vail IK SAGITIA SO3W 11/05 01/06 03/06 04/06 05/06 07/06 J
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      420 39 BSfl it. MYANMA V& FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) Spore Ml| Pen PGdf ItUVM HUOHU VIW In Port HPA-AN V2OIN Sid PAGAN V2O9W 20/22 Apr IPA AN V2O2W 21/30 Apr MALAYSIA AGENTS BOUSTEAO SHPPMG AGENCCS KU. 11l 03 *****00 PHI: TEI 03-3(147(7 PEN: m
      420 words
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      2429 42 SMMfCtTS UKEiAL AUMTS MALAYSIA'S AUMJZ I I I COSTM SMPftNC PTE LTD C*m CM» SM*m S+BM VV/UV/V/ 2 Mftrl fmd KMC «Mf #15-M Si**** 1297 data Uoc ftrt Ma« JM «JK Cff NOt *****1M0M VCff NO: CCSV Ku* lm*m-93-241 «JC A TA TTnTA MAIM UML 229 1999 MMUNCI 22C113J Fmmg-Umi
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      164 42 TO MJSTRAUA/NEN ZEALAM) \m m fmm M* SH Minapoi Si 575 h/« 27/4 ELLEN MM m li/4 21/4 2»/4 V» wi m m 575" 12/s vn 555 121 575 >«/« 17/ VM MKXUW TO USA/CANADA M 1m Crf»lrt OmW >»**»»» H^ta Mnam i»n uTS 21/s 2»/> 2»/» tun Muncui ii/
      164 words
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      670 43 (fc 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 MRHUS/COPENHAGEN 17/4 HAMBURG/BREMEN 17/4 MARSEILLE/FRANCE 19/4 FEUXSTOWE/UK 17/4 BARCaONA/SPAIN 18/4 LEHAVRE/FRANCE 18/4 GENOA/ITALY 1874 ANTWERP/BELGIUM 18/4 LOS ANGELES/WC/IPI 17/4 SYDNEY/MELBOURNE 16/4 NEW YORK/EC 1774 FREMANTIE/ADELAIDE 16/4 VANCOUVER 20/4
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      974 43 ■>' YTI r lirtV' 'tt'tS\\ t'"^l3t^«!r^.^CMlTffTl¥Km'TtTiyyBß^^^J* 1 1 f^^BBBp^E^BBpB^B|H3 M|| m a VEBBEL VOV SIN JKT >s VESSEL VOY SIN PCN ■>« S BHUM Fri In Pt Tut 16/4 S than* BHUM 37N Fn |In Pt Sun 17/4 Mj|| VESSEL VOV SIN BKK I BHATWA BHUW ?55 Tua__l9/4_ AKA BHUM
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      654 43 mmBBKKKK Guaranteed Sailings to: XJ K BANGKOK *LAEM CHABANG JAKARTA PORT KELANG |l •HO CHI MINH MANILA CEBU SURABAYA PENANG HONGKONG 1 We also serve other ports: USA, EUROPE\ CHINA AND ALL DESTINATIONS 22 I pLI DONGNAMA LINE^ contamewed «rv»ce VESSEL Iff me BIN FK BSN MC HONGKONG GLORT V4O4N
      654 words
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      1530 44 4 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SMLM6S/WEEK PEN PK SIN J 17/4 18/4 19/4 Honf Konj Genoa/Barcelona 22/4 23/4 24/4 > 19/4 20/4 21/4 Hont Konf Ldn/Fh/Rdm/Ant/Lh*/Ham 23/4 24/4 25/4 •c 20/4 22/4 23/4 Honf Kong GTwri/CTiaftn/STwlm/Oilo 17/4 18/4 19/4 J 17/4 18/4 19/4 Ketluni 25/4 19/4 Kaotliiunt JPN/KOREA/MANILA
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      207 44 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA EH eta ra mi KILMK WANE as MR 24/4 »/4 Loading toi Male ■UVN MINI 2S/4 ftv-lutpof and Loading tof Bombay OOIMN 76/4 ?4 4 Loading Fot Male men arwc ao/« 28 4 loadnf For Male I—PCH 18/4 Loading f<x
      207 words
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      1038 44 JQL THONG SOON UNES PTE LTD 1 I 78 shenton way #10 01. Singapore 0207 I I VV/ TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CAMMER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY S PORE REST VESSEL jfOT STORE" PEST EQUATOR 111 119/4E 18
      1,038 words
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      639 45 W2VEVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BKAKBUU SOC CAHGOCS 10/FIOM KOK. YOKOHAMA. NAGOYA, MOI. TOKYO*. IMMLA*. DAVAO*. Penanj* P. Kelant Sinfapore E'Msia* KAMALEVERETT V2OE 28/29 Apr 30/01 May SHAPIAEVERETT V2OE 02/03 May 04/05 May KARABCVERETT VI7E 25/26 May 27/2S May ACCEPTMG BKAKBU.K FCI. SOC CARGOES TO/FROM CMTTAQONG. CALCUTTA
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      243 45 iff 6LOWV WAWCATIfIiI CROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 26/4 28/4 4/5 13/5 GLORY SELATAN VIII 17/4 28/4 SP PKL HCM HK KAO GLORY SELATAN VI 16/4 19/4 22/4
      243 words
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      471 45 EGYPTIAN NAVIGATION COMPANY ALEXANDRIA (EGYPTIAN GOVERNMENT LINE) iAiTi«M«gACoiivpmoNAitaiyici KSSL/VOT sra« lOMMS FOR MCfK TMOCI M M PT Stt/P! SAB WEI also near? iast mnamwtMi mrh on —uctmii PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE ""ToT"KARACHI ISLAMABAD 120-HW 27/04 08/05 MAKRAH 147-HW 11/05 21/05 HYDERABAD MMg 28/05 04/05 SARGOOHA
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      597 45 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS HUIHE/104 26/04 04/05 10/ OS 12/ OS VI HE/98 11/ OS 24/05 25/ OS 27/ OS SHUN HE/103 26/05 09/06 10/06 12/06 TAO HE/84 1 I/OS 24/06 25/06 27/06 ACCEPTS CARGO TO IOHANNESBURG PRETORIA
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      299 45 SjN FAR EAST 19/04 KEELUNG/KAOHSIUNG 17/04 BANGKOK 17/04 MANILA/CEBU 17/04 JAKARTA/BELAWAN/SURABAYA 17/04 PORT KELANG/PENANG/E. MALAYSIA 17/04 BUSAN 17/04 TOKYO/YOKO/KOBE/NGO/OSA 17/04 HONG KONG S!N CHINA 17/04 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN SHANGHAI XING ANG TIAN JIN QINGDAO/HAIKOU also accepting LCL cargo SHI EUROPE/UK 19/04 LDN/FLX/LVP/SOU 19/04 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech.
      299 words
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      753 46 v Handling System Co. Pte. Ltd. 2, T 136 138, Neil Road, #03-00, Singapore 0200 TT7 CFB-20, Qui Road, Singapore 2202 Tel: 02-*****28 Handling System Co. Sdn. Bhd. N0.9 Lorong Cungah, ***** Port Klang, Selangor, Malaysia 24th Floor, UMBC Main Building, ***** Kuala Lumpur, Malaysia Handling System (HK) Co. Ltd.
      753 words
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      347 46 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 19 APRIL (Accepting to al Now Tiilmrl ports) PENANG 22 API JAKARTA 17 APR PORT KLANG 22 APR lAHBHI 24 APR MELROURNI 21 APR SYDNEY 21 APR FREMANTLE 24 APR MUSSANE 2R APR 'ACCEPTING TO ALL SCANDNUVU PORTS COLOMRO «APR TEL:
      347 words
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      Page 46 Advertisements Column 3
      627 46 Next Week's Sailings Singapore* Tol ETD II To: ETD F IN Singapore Singapore iso 9002 by lrqa EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY Manila SUN Ho Chi Minh FRI QTI S] EVERY EVERY l«-d Colombo TUE Limassol THUR VggV LJg-J HTDMATONAL SEA FUGMT FORWMUNG Tel: Fax: MD LOOSDCS
      627 words
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      Page 46 Advertisements Column 4
      132 46 Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SJL GUT CMT Liner Express Agcncics Pte Ltd Hot Line i 22-007-22 REGULAR SMGAPORE/VETIUM SERVICE resas votnoeti eid kstmton "TIT KT 2m lt/4 11/4 WNETMI PEIUEUM KRT -ummr im m n/« mam iemui port "SOKHMT 3/94 M/ 4 23/4 CMITNO
      132 words
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      Page 47 Advertisements Column 1
      1336 47 I _J|JM JL._ nY 1 pimiihir aMHM" """I 11 'riti—i.. r.al niuni 17M AUCKLAND 20/4 ANTWERP 18/4 BANGKOK 17/4 ADELAIDE 26/4 FELIXSTOWE 20/4 19/4 BRISBANE 28/4 HAMBURG 17/4 V?N?o?? NG ll'.Z FREMANTLE 22/4 ROTTERDAM 17/4 s» jg SSK~ ST K 1 TOKYO 17/4 BOMBAY 20/4 CHITTAGONG 20/4 YOKOHAMA 17/4 COLOMBO
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      Page 47 Advertisements Column 2
      176 47 CEYLON SHIPPING CORPN (wig) National line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS SS"— -ST TT m ST *mbTWISHS^ ■MM Ml«-i IVM IVM Mwwt win N/M ivw ■tMHfttn xit-3 vm um wukwcim mm »/m iw iv« nm ww n/ts nso acceptms cmgo to cocm atom. nmcoM.
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      Page 47 Advertisements Column 3
      368 47 gC ONDOR LINE; SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE NOJ2 1 IFONTS «0T MOM MOMTtMPtO oM—Awl MMMA MMWOIH MOW WW 5555 HMOTA YOKOHAMA mmas *mi"' OOU— IT MOT IMB twin) HUD IMH> l*Ut 11/ M IHQ/04 W. WWrOKATA POP WW IMHI IMBI 00-11/— H-IT/Q4 22/94 2»-2*/94 M/»4 www woo Q7/Q4 2Q/04 n/*4
      368 words
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      Page 48 Advertisements Column 1
      345 48 11 ."mm, vessel I voyage mourn mwu jftt— LUZOH 15/04 (HB) 23/04 (SAT) teoui man I oahaw i«/ 04 (MOW) 23/91 (MT) JHfKKL, fBnmtMXK I >***** 22/04 (FW) 2t/04 (TOE) FtDAY AM) MOMMY VESSEL T VOYAGE DS!O] MKOLAY MOROZOV 8416E 19/04 (TOE) 25/04 (MOW) 2t/04 (TOE) 21/04 (THI) HKOLAY MORQZOV
      345 words
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      Page 48 Advertisements Column 2
      131 48 G AMY OrS HOLIDAYS WHEN YOU SHIP WITH US bOS ,lK AKI 1 K «»S«»I ll)AII<>> SI KX l« I S I*ll ~|> PT BAHARI HALUAN SAMUDERA Weekly COMMON FEEDER SERVICE CSSEL DOT SMGNfOK fORI REUHB KLMMH TAMBANG VS 1019 25-26/04 29-30/04 TAMBANG Ml 1020 024)3/05 0647/05 —OWnMW RAVfORT 1)
      131 words
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      Page 48 Advertisements Column 3
      192 48 jLcosco MjßftjHaLaaaMJMMMaflai EXPORT TO: CMNA/MONSKONQ EUROPE/CONTMENTAL WEST MEDITERRANEAN AMTMUA US WEST/EAST COAST PERSIAN OULF/KARACMI Plmm rafv >bovt (iwittoned mwlom to CMm Oonn ShlpptnQ Co. AdwrtHmwH In Pago 12. lauflMMU—i VESSEL PEN PKL SOP HKQ BHA CMN LUANHE/153 18/04 17AM 19/04 24/04 27/04 20/04 WEI HE/143 27/04 20/04 20/04 04/05 07/05
      192 words
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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. Busines^Dm^
      19 words
  • Page 48 Miscellaneous
    • Miscellaneous
      Page 48 Miscellaneous Column 1
      645 48 TODAY'S TIDES (height in metres) MM MM UN CHC UN MM OSM MM I7N MM MM IIM UN 12N UN 1400 ISN INI 17N INQ INO 20N 21M 22N 2300 m 24 at t0 2.1 2.1 1.4 19 OS 15 IS 0.1 1.4 1.9 2 3 2.4 2.3 2.1 1.6
      645 words
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      Page 49 Advertisements Column 1
      742 49 ▲HYUNDAI MERCHANT MARIN^O^TD^I WESTBOUND TO EUROPE BKO; *****61 PHI* fUP fCD* VESSELS DOT Ml MM MIT* HW WEt 13/04 15/04 16/04 H. PIONEER 300* 11/04 04/05 07/05 09/05 07/05 07/05 10/05 20/04 22/04 23/04 H. FMMTO 310* 25/04 13/05 14/05 10/05 14/05 14/05 17/05 27/04 20/04 30/04 SI FREEDOM 310*
      742 words
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      Page 49 Advertisements Column 2
      530 49 B I SPECIALIST M RO-RO t HEAVY UFTS I I I MgOMHB VESSELS IP I HSU m r* n HC U 11 I I wmSrT I I I FM EAST PUT 111 U IS/4 I I I CMCTUKI MS IS/4 11/* 111 I ÜBMB m 17/4 IS/4 l/S BM3/S 111
      530 words
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      Page 49 Advertisements Column 3
      845 49 EXPORT TO: £DDAH/UK/CONTNENT v rraclD STOR HMB6 IBM UN •Mm Amp* Ca|» Nr MB—Ml DWE» 19/314 14/4 25/4 4/5 7/5 9/5 U/S NißMMMkMkimiih IHAAES 122/115 24/4 7/5 11/5 L 2/5 My. :B B Art~» AwNM*o* j»MSt Ul 47/315 21/4 2/5 11/5 IVS 14/5 14/5 MmpN :to B MISmI MMMB EMESS
      845 words
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      Page 50 Advertisements Column 1
      91 50 INVESTMENT FwitfiltftVltd ShippingManao&r. geeks position in Singapore or Locations within theFarEast. Experience has been gainedinSingaporc and overseas. Particular current knowledge of the South American Far East Markets and with recent overseas travel. Experience also in PNG-Australia, Japan and Europe. Levels of management include Gm A MD. Also owned and ran
      91 words
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      Page 50 Advertisements Column 2
      7 50 p INVESTMENT I Tomorrow in Business Times
      7 words