The Business Times, 24 March 1995

Microfilm: NL19815
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Friday March 24 1995 85 C
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow up 1.03 points
      54 1 Reuter NEW YORK Blue-chip stocks edged higher yesterday as the market benefited from last-minute buying by institutional traders. At 1 pm EST, the Dow Jones industrial average was up 1.03 points at 4,084.02. Advances led declines by a small margin on volume of 182 million shares
      Reuter  -  54 words
    • Article
      Lock icon Bonn backs tax bill
      59 1 Reuter BONN The German Cabinet yesterday approved a controversial tax bill for 1996 after Finance Minister Theo Waigel abruptly withdrew a planned tax on garbage collection. Mr Waigel said the bill would slash 30 billion marks (Ss29 billion) off the total of tax raised in Germany,
      Reuter  -  59 words
  • Article
    MARKET SUMMARY
    170 1 Stock market indices Thursday Change STII 2,078.55 -2.48 KLSEComp 957.05 -2.15 Nikkei 15,813.4. -91.44 Hang Seng 8,467.67 -41.44 SET Index 1,208.13 -2.00 Jakarta Comp 426.25 +0.33 Manila Comp 2,275.32 -18.72 Taipei WPI 6,441.85 -37.16 Seoul Comp 947.25 +5.48 Bombay BSE30 ...3,295.50 -66.54 CLSA China B 803.72 -0.24 Aust
    170 words
  • Article, Illustration
    UOB posts 24.9% profit jump, plans bonus, special dividend
    666 1  -  By Quak Hiang Whai SINGAPORE United Overseas Bank proposed a generous special dividend and a bonus share issue to commemorate its 60th anniversary when it announced a 24.9 per cent jump in 1994 net earnings to 5570.13 million yesterday. The bank
    666 words
  • Article
    Lock icon Dollar hits new low of 88.05 in NY, London
    130 1 Reuter NEW YORK The dollar fell to a post-World War 11 low of 88.05 against the yen in New York and London in early trading amid lingering concern about the US' widening trade deficit with the world. At 12.30pm EST in
    Reuter  -  130 words
  • Article, Illustration
    Lock icon Manufacturing output growth slows to 3.5%
    391 1  -  By Ven Sreenivasan SINGAPORE The output of Singapore's manufacturing sector grew at a slower year-on-year rate of 3.5 per cent in January, according to figures released by the Economic Development Board yesterday. The slower growth was broad-based. Only two industries in the sector printing
    Source: EDB  -  391 words
  • Article
    Suntec Investment to buy 51% stake in Chesterton's S'pore unit
    391 1  -  By Abdul Hadhi SINGAPORE Suntec Investment is buying a 51 per cent stake in the Singapore arm of property consultancy Chesterton for about S2 million. A Chesterton spokesman said yesterday the deal, which is only waiting to be signed, was
    391 words
  • Article
    UOB Securities disbanding research team: sources
    307 1  -  By R Sivanithy SINGAPORE UOB Securities has done the unthinkable, according to stockbroking sources. The stockbroking arm of the United Overseas Bank is said to be disbanding its entire research team a move that would leave its dealers and remisiers with no research support
    307 words
  • Article
    Lock icon UK watchdog finds fault with equity underwriting practice
    362 1 Reuter LONDON The head of the Office of Fair Trading has found competition is not working effectively in the underwriting of equity issues, according to a report which urges directors to probe financial advice more critically. The director-general of fair trading. Bryan
    Reuter  -  362 words
  • Article
    Employee misappropriated $1.4m at Hour Glass
    173 1 SINGAPORE An employee of watch distributor The Hour Glass group has misappropriated $1.41 million equivalent to 9 per cent of the listed firm's pre-tax earnings for the year to March 31, 1994. In a statement to the Stock Exchange of Singapore yesterday, the group
    173 words
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      Page 1 Advertisements Column 1
      179 1 9 CONTENTS sJpweNews 2 Spo?eS^*l7.lB.l9 Regional News 3.4.5 Financial 22.23 World News 7.8 Futures Markets Analysis 15 Clob/KLSt. SES 2fr2B Editorial 14 Regional .24 Sports 11 World .25 TV/Lifestyte 13 Currencies .22 Advertising 10 Simex/Commo -22,23 SubscriptiM Tel **********7 Fax *****75 BT NewMtosk Tel *****18 Fai *****71 8 II KIPML
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      Page 1 Advertisements Column 2
      25 1 Advertising: pk 10 Money spinners in trade fairs CORPORATE EARNINGS: SBS down 13.7%, Pg 17; Renong up 47%, Pg 18; UEM up 52%, Pg 18
      25 words
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      Page 1 Advertisements Column 3
      30 1 Hock Lock Siew: p g UOB: lowering market, expectations? Looking to region for new growth momentum. Pg 17 Hock Lock Siew, Pg 17 Suntec Cit> office Hock sold. Pr 2
      30 words
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      Page 1 Advertisements Column 4
      66 1 Jfottom Line: p* 16 /Costs of financial liberalisation ALFRED DUNHILL S lir II J' mmi 1^ The New Dress Pen //nt(ft# i/ustuxlHH- f)iin/u// t/ettttfn. Ttntvi/ i/nisrnm/ cut turn/ /uxfuer /tntxAm "*(/> tm/itm/uti/ jhtm/ mim/tent. /uncihtnt/ i/yb .TimnAun pen n*t/> ftfet m/>. frfit/. imtitrllMe ntf/erfm// ttr /m/^xunt. I'—* W*TJ -AmaAUt m
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      Page 1 Advertisements Column 5
      21 1 eMIKIMOTO The Originator of Cultured Pearls Since 1893 > C.T.HOO #01 22 Tanglm Shopping Centre SinO2DArP Singapore 1024. Singapore Tel *****47 *****43
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Overall bank loans up 17.5% in Jan
        213 2  -  By Shiv Taneja OVERALL bank loans and advances to non-bank customers grew year-on-year by 17.5 per cent to $93.4 billion in January, figures released by the Monetary Authority of Singapore (MAS) show. Song Seng Wun, a regional economist at brokers SG Warburg, said
        Source: MAS  -  213 words
    • Article, Illustration
      MPs play beggars for a good cause
      604 2  -  In Parliament Yesterday By Chuang Peck Ming MEMBERS of Parliament became beggars yesterday during the debate on the Ministry of Community Development's budget, but it was all for a good cause. They were imploring Acting Minister Abdullah Tarmugi to give more to the
      604 words
    • PARLIAMENT BRIEFS
      • Article
        Seven bills receive approval
        278 2 PARLIAMENT passed seven hills yesterday. They ineluded legislation dealing with bankruptcy, the upgrading of lIDB shops, laws governing international business transactions and the pensions of civil servants and MPs. The Bankruptcy Bill gives the courts more discretion in discharging bankrupts. Those who have become bankrupt becausc
        278 words
      • Article
        Clerk of Parliament to retire
        68 2 THE CLERK of Parliament, Abilio Lopez, will retire at the end of the month. Mr Lope/, 72, has served in this position since 1967. He reached the mandatory retirement age in 1977 but was asked to stay on on a "temporary" basis for the next
        68 words
    • Article
      Suntec City sells all floors of 45-storey office block
      546 2  -  Most of the floors said to have been sold to shareholders, business associates and friends By Jenny Lam SUNTEC CITY Developments (SCD) has sold one of its 45-storey office blocks phase two's Tower 2 on a floor by floor basis. The
      546 words
    • Article, Illustration
      Lock icon GST collection for January eased to $64.4m
      207 2 THE Inland Revenue Authority of Singapore netted $64.4 million from the Goods and Services Tax in January. This is just marginally below the preceding month's $65.1 million. The latest Department of Statistics figures show that cumulative GST collection from April 1994 when the
      Source: Dept of Statistics  -  207 words
    • Article
      Woodlands Regional Centre land on sale
      284 2 THE first parcel of state land in the Woodlands Regional Centre designated for commercial development goes on sale by public tender today. The Housing and Development Board (HDB) announced yesterday that the 15,798 sq m site (170.000 sq ft) will be sold on a
      284 words
    • Article
      HDB shop unit in Jurong East fetches $2.5m at auction
      251 2 WOULD you pay $2.5 million for a Housing Board shophouse unit about the size of a 7-Eleven or neighbourhood provision store? Somebody would. Yesterday, such a unit in Jurong East went under the auctioneer's hammer at that price after being
      251 words
    • Article, Illustration
      Lock icon Citibank opens model branch in Jurong
      172 2 CITIBANK showed its continued commitment to Singapore with the opening yesterday of a "global model branch" at Jurong East. The branch, which is the first of its kind in the region, covers 13.000 sq ft spread over two floors of the new C PI-
      Photo by Chris Loh  -  172 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Thai securities firms hail new takeover code as transparent
      462 3 Reuter BANGKOK Thai securities companies hailed the Securities and Exchange Commission's (SEC) new takeover code, calling it a transparent policy that will help protect retail investors' interest. Tipsuda Thavaramara, an SEC division chief, said the SEC has no intention of stifling
      Reuter  -  462 words
    • Article
      Lock icon Marubeni, JG Summit in tie-up
      121 3 Reuter MANILA Japan's Marubeni Corp and JG Summit Holdings Inc have formally forged a joint venture to build a petrochemical plant. The Philippine holding firm yesterday said the project included a polyethylene plant with an annual production capacity of 175,000 tonnes and a polypropylene plant
      Reuter  -  121 words
    • Article, Illustration
      Lock icon Thai ministers endorse plan to deregulate telecom industry
      300 3 Bloomberg Business News BANGKOK Prime Minister Chuan Leekpai and the four deputy prime ministers have endorsed a plan to deregulate the telecommunications industry. The plan, to be submitted to the Cabinet on March 28, calls for the partial sale of the Telephone
      Bloomberg Business News  -  300 words
    • Article
      Thai central banker calls for Asean backup during currency crises
      326 3  -  From Loh Hui Yin in BANGKOK THAILAND'S central bank governor Vijit Supinit has proposed that Asean central banks provide foreign exchange back-up for each other during global currency crises. This will be done by activating the moribund Asean Swap Network,
      326 words
    • Article
      Lock icon Indonesia expects 7% economic growth in 1995
      167 3 Reuter JAKARTA Indonesia expects its 1995 economic growth will match last year's 7 per cent, despite the sharp increase in the yen's value. "I expect the economic growth will be the same as last year despite yen currency turmoil," Coordinating Minister of the
      Reuter  -  167 words
    • NOTE BOOK
      • Article
        Lock icon Hanoi planning global bond issue
        90 3 Bloomberg Business News HANOI Vietnam's government plans to raise US$5O million (Ss7o million) to US$lOO million in an international, unrated bond sale in May or June. The International Herald Tribune yesterday said the bonds would be sold by a state-owned enterprise and guaranteed by the
        Bloomberg Business News  -  90 words
      • Article
        Lock icon Thai fund to trade next week
        64 3 Bloomberg Business News BANGKOK A 20-billion baht (551.13 billion) investment fund designed to prop up Thailand's slumping stock market should start trading next week. The chairman of the Association of Securities Companies yesterday said the fund, jointly financed by the Stock Exchange ot 1
        Bloomberg Business News  -  64 words
      • Article
        Lock icon S Korea-Vietnam loan accord
        74 3 Reuter SEOUL South Korea and Vietnam yesterday initialled an agreement for a US$5O million (Ss7o million) soft loan to finance telephone and road expansion projects in Vietnam. Seoul's foreign ministry said the two countries also agreed to promote cooperation in science and technology. These agreements are
        Reuter  -  74 words
      • Article
        Lock icon S&P on Manila's debt repayment
        54 3 AFP MANILA Standard and Poor's yesterday said the Philippines' capacity to repay its debts remained vulnerable to balance of payment deficits despite improvements in Manila's fiscal position. The international credit rating agency gave a BB minus to the country's long-term foreign currency and 888 for
        AFP  -  54 words
    • Article
      Lock icon Clob not needed when KLSE goes scripless: official
      203 3 AFP KUALA LUMPUR The Kuala Lumpur Stock Exchange (KLSE) was waiting to clarify if Singapore would continue to trade Malaysian stocks after the bourse goes scripless in three years, officials said yesterday. Singapore, which allows trading in Malaysian stocks using physical share
      AFP  -  203 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      259 3 72 holes, 66 bunkers, hectares of beautiful fairways, huge trees, 2 enormous water hazards, 147 professionals, 9 amateurs... but only one winner in The Rolex Masters, 1995. At precisely B.ooam on Friday, 2nd March 1973, Alan Murray was developed primarily for the promotion of excellence plays host to The Rolex
      259 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon China flag flies for 1st time in Taiwan
        85 4 KnightRidder HONGKONG China's national flag fluttered for the first time on Taiwanese soil, along with 38 other eountries, at a meeting of the Olympic Council of Asia which opened yesterday in Kaohsiung, Taiwan's Central News Agency said, according to Kyodo News Service.
        Knight- Ridder  -  85 words
      • Article
        Lock icon China to check bank purchases of shares
        88 4 Bloomberg Business News BEIJING In another sign that China's central bank is tightening financial controls, the bank has begun monitoring securities purchases by Chinese financial institutions, the official China Securities newspaper reported. The paper said the People's Bank of China will target banks
        Bloomberg Business News  -  88 words
      • Article
        Lock icon Star TV producing local talk shows
        56 4 AFP HONGKONG Asia's satellite-television broadcasting network Star TV announced yesterday the introduction of talk shows, produced in China, Taiwan and India. The three new programmes to be shown on Star TV's two channels were Liu Xiaoqing's Eye on China, Super Talk Show from Taiwan
        AFP  -  56 words
      • Article
        Lock icon Migration threatens family planning
        71 4 Reuter BEIJING China's migrant population of as many as 100 million people poses an alarming threat to the family planning battle to contain numbers in the world's most populous country, Xinhua news agency said yesterday. Public security officials estimate the "floating population" nationwide at about 80
        Reuter  -  71 words
    • Article
      Lock icon China's migrant population poses threat to birth control
      188 4 Reuter BEIJING China's migrant population of as many as 100 million people poses an alarming threat to the family planning battle to contain numbers in the world's most populous country, Xinhua news agency said yesterday. Public security officials estimate the "floating population"
      Reuter  -  188 words
    • Article
      Lock icon Li Ka-shing to invest US$1b in China's ports, power industry
      302 4 FT HONGKONG Li Ka-shing. the influential Hongkong businessman, is preparing to invest more than USSI billion (SSI.4 billion) in China's ports and electric power industry in the coming years. In an interview with the Financial Times. Mr Li, 67. made
      FT  -  302 words
    • Article, Illustration
      Building in China? Bet on quality housing, says developer
      320 4  -  By Teh Hooi Ling SINGAPORE The path to success in residential development in China is to eschew low-cost housing for mediumsize high-quality apartments, says a visiting property developer from China. And money is as good as in the pocket if these
      320 words
    • Article, Illustration
      Lock icon Changing gears
      42 4 Reuter CHONGQING, China A woman worker at the Jialing Motor Cycle putting Finishing touches to China's most popular motorbike. Formerly an arms manufacturer, Jialing has transformed itself with the help of a technical cooperation agreement with Japanese company Honda. Router
      Reuter  -  42 words
    • Article
      Lock icon Beijing launches drive to value state assets, curb cheap selloffs
      327 4 AFP BEIJING A top finance official has announced a major drive to determine the asset value of state enterprises and curb cheap selloffs that are costing the government billions of dollars in state revenue. The China Daily yesterday quoted Vice-Finance
      AFP  -  327 words
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      Page 4 Advertisements Column 1
      79 4 We*re celebrating I our tenth |1 tonight 11 For ten years now, Business Times and DHL have presented Singapore's premier business i 0 oQf nut vers a r y awards. The 1994 Businessman of the Year will receive his award tonight from Prime Minister t IHCICIVOIXj Goh Chok Tong. Two
      79 words
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  • REST OF ASIA
    • Article
      Lock icon Aussie dollar slips to 9-month low as govt backs off from rate hike
      429 5 AFP, Bloomberg Business News CANBERRA The Australian dollar declined more than half a US cent yesterday to its lowest level in nine months as the government continued to distance itself from another rise in interest rates. Concerns
      AFP,; Bloomberg Business News  -  429 words
    • Article
      Pakistan business gears up for strike against lawlessness
      290 5  -  From Farhan Bokhari in ISLAMABAD PAKISTAN'S top business federation is gearing up for a nationwide strike tomorrow as a protest against their government's inability to end recent lawlessness in the southern city of Karachi. The Federation of Pakistan's Chambers of Commerce and
      290 words
    • Article, Illustration
      Lock icon Japan police find huge toxic chemical cache
      86 5 Reuter TOKYO Japanese police, seizing US$7.9 million (SS$ll.4 million) in cash and 10 kg of gold, discovered a huge cache of toxic chemicals similar to those used in the lethal assault on Tokyo's subways in a massive raid on the secretive religious group
      Reuter  -  86 words
    • ASIA NOTES
      • Article
        Lock icon Japan's Feb chain store sales seen flat
        65 5 Knight-Ridder TOKYO Japan's chain store sales for February are likely to come in almost unchanged from the previous year, according to a survey of major chain stores by Knight-Ridder Financial News. The survey projects a slight year-on-year increase of 0.1 per cent for
        Knight-Ridder  -  65 words
      • Article
        Lock icon Steel mill venture in Thailand
        71 5 KnightRidder SEOUL A group of about 10 companies, including South Korea s Pohang Iron and Steel Co, Japan's New Nippon Steel Co and several Thai firms, is negotiating a joint deal to build a cold-rolled steel mill in Thailand. If an agreement is reached, the
        Knight- Ridder  -  71 words
      • Article
        Lock icon S Korea in tie-up to make computers
        99 5 AFP SEOUL South Korea is embarking on the development of "ultrasuper" computers in cooperation with AT&T GIS of the United States, the ministry of international trade and industry said yesterday. The ministry will invest a total of US$4B.7 million (5568.6 million) jointly with
        AFP  -  99 words
      • Article
        Lock icon Japanese grant for Myanmar
        73 5 Reuter YANGON Japan has signed a memorandum of understanding with Myanmar for a one billion yen (SS 15.65 million) grant to produce food, Myanmarese state media reported on yesterday. Minister for Planning and Economic Development, Brig-General David Abel, signed the pact on Wednesday with Japanese Ambassador
        Reuter  -  73 words
      • Article
        Lock icon Aussie MPs to visit Vietnam
        58 5 Reuter CANBERRA Two Vietnamese-Australians will accompany an Australian parliamentary delegation to Vietnam next month to investigate human rights abuses and bilateral issues, Foreign Minister Gareth Evans said yesterday. Mr Evans said Victorian Ethnic Affairs Commission chairman Trang Thomas, and businesswoman Mai Ho, would be in
        Reuter  -  58 words
    • Article
      Lock icon Asian demand for natural gas will grow fastest in India, China
      281 5 Bernama NEW DELHI The growth in demand for natural gas in India and China will be stronger than in any other Asian country, according to global energy experts who attended the recent South Asia summit on natural gas potential.
      Bernama  -  281 words
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      Page 5 Advertisements Column 1
      354 5 16 MIM4.IT 1 111 1115. TK |I 11 WIS VSTEI 0 BEST IS Bill 11 *****38 WW_ -SBS» BKgajfigy:* A W 453W66 HOU C »?£3gJ f I THE BEST HI BETTER, f K WMVNOK t'Tphone ■fl M It's predecessor, the GH337, was named 'Mobile Phone of T^f I lIH II
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      411 6 Join the campaign to conserve water JOHN HANCOCK^ AR »'LAZA Y<t!k \l'<3 4- v IV r! au r°** s I in AIA BUILDING ANGLO CHINESE SCHOOL FORTUNA HOTEL Over 500 buildings in Singapore are already saving water with Daikin's revolutionary aircon system. As responsible citizens, we have to take water
      411 words
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  • THE WORLD
    • Article
      Lock icon US bill to ease export of medical goods
      395 7 Proposed law allows sale of drugs, devices to any WTO country without prior approval Bloomberg Business News WASHINGTON Medical technology manufacturers would be able to more easily export products that are not approved in the United States under legislation introduced in Congress
      Bloomberg Business News  -  395 words
    • Article, Illustration
      Lock icon Balladur softens wage hike stand in fight for presidential votes
      380 7 AFP PARIS Less than a month before the presidential election, ail three main candidates are moving the sensitive area of wages policy to the centre stage, as they try not to appear too tight-fisted with voters' incomes. Prime Minister Edouard
      AFP; Reuter  -  380 words
    • WORLD WATCH
      • Article
        Lock icon Warning for market-makers?
        78 7 Knight-Ridder LONDON The London Stock Exchange plans to fine marketmakers who distribute information to non-market-makers from their inter-dealer broker screens. The Financial Times yesterday said market-makers reserved their best prices for the inter-dealer screens, but some institutional investors had been able to persuade market-makers to deal at
        Knight-Ridder  -  78 words
      • Article
        Lock icon British, Irish semicon sales up
        73 7 Bloomberg Business News LONDON Sales of semiconductors in Britain and Ireland grew 33.7 per cent last year to £3.38 billion (557.5 billion), fuelled in part by the expansion of cellular telephone and computer production. The Financial limes yesterday said the Semiconductor Manufacturers Association reported that
        Bloomberg Business News  -  73 words
      • Article
        Lock icon US may take vehicle row to WTO
        107 7 Bloomberg Business News WASHINGTON Commerce Undersecretary Jeffrey Garten says the United States is ready to refer its row with Japan over vehicle and vehicle parts trade to the World Trade Organisation if necessary. Jiji Press yesterday said Mr Garten's comment was in response
        Bloomberg Business News  -  107 words
      • Article
        Lock icon Chinese immigrants lodge complaint
        121 7 Reuter VANCOUVER Chinese immigrants have lodged a human rights complaint at the United Nations against Canada over its refusal to compensate them for a "head tax" levied up to the *****. "The government won't do anything to remedy this racist act... They make no apology or
        Reuter  -  121 words
    • Article
      Lock icon Investors seek nod for US$1.3b dry canal through Nicaragua
      291 7 Reuter MANAGUA, Nicaragua A consortium of European and Asian companies met Nicaraguan officials this week seeking approval to build a US$l.3 billion (S$LB3 billion) "dry canal" to compete with the venerable Panama Canal. Juan Manuel Rodriguez, a US banker who is
      Reuter  -  291 words
    • Article
      Lock icon Analysts hail privatisation of Italian steel giant
      221 7 Reuter ROME The future of Italy's steel industry, Europe's second biggest behind Germany, looks brighter with the country's last major nationalised steel concern now in private hands, analysts said. State industrial holding Istituto per la Ricostruzione Industrial last week sold one of Europe's
      Reuter  -  221 words
    • Article
      Lock icon EU draft law tightens quota rules on US TV programmes
      358 7 Bloomberg Business News BRUSSELS The European Commission has agreed on a draft law to toughen quota rules against US programming on European television but given the controversial broadcasting curbs a 10-year shelf life. An original quota directive agreed in 1989
      Bloomberg Business News  -  358 words
    • Article
      Lock icon Baby Bells likely to win approval for long-distance phone service
      261 7 NYT WASHINGTON After weeks of intense negotiations, the United States Senate Commeree Committee was expected to approve a sweeping communications Bill yesterday that would make it easier for the seven regional Bell companies to offer long-distance phone serv ice. But
      NYT  -  261 words
    • Article
      Lock icon Mexico seeks new terms for US$3b overseas bank loan
      449 8 Bloomberg Business News NEW YORK Mexico is seeking new terms for a USS3 billion (554.23 billion) loan from overseas banks, after an earlier version of the loan fell through on Wednesday following four months of talks. "We are looking for a
      Bloomberg Business News  -  449 words
    • Article
      Lock icon EU biotech industry poised to raise more cash this year
      349 8 Reuter LONDON Europe's fledgling biotechnology industry shows few signs of cutbacks, in sharp contrast to the US. and companies should raise substantially more cash through share offers this year than last, a new survey shows. European biotech firms are expected
      Reuter  -  349 words
    • Article
      Lock icon US urged not to probe EU's banana policy
      118 8 Bloomberg Business News WASHING I ON Caribbean nations have urged the Clinton administration to drop a trade investigation into Europe's banana trade policy. "We cannot believe that it is in the national interest of the United States to destabilise our region," said
      Bloomberg Business News  -  118 words
    • Article
      Lock icon Gingrich urges businessmen to save planned tax break for rich
      277 8 Reuter WASHINGTON House Speaker Newt Gingrich appealed from the Chamber of Commerce on Wednesday for businessmen to call their Republican members of Congress and save a proposed tax break for the wealthy. "We need your help in calling your member
      Reuter  -  277 words
    • Article
      Lock icon Voters will approve sales tax hike, predicts Orange County CEO
      282 8 Bloomberg Business News SACRAMENTO, California Orange County's chief executive, expressing confidence voters will approve a sales tax increase, returned to the state capital on Wednesday seeking loan guarantees for his bankrupt county. Two weeks ago, CEO William Popejoy made an
      Bloomberg Business News  -  282 words
    • Article, Illustration
      Lock icon Top Nato official under pressure to quit
      169 8 Reuter BRUSSELS Nato secretarygcncral Willy Claes faced increasing pressure to quit yesterday over a corruption scandal following the resignation of Belgian Foreign Minister Frank Vandenbroucke. Mr Vandenbroucke and Mr Claes have both been linked to a scandal over alleged bribes connected to a
      Reuter  -  169 words
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      Page 7 Advertisements Column 1
      283 7 |jp| -v- ww Ssp| More fringe benefits S from Eastern Carpets, fpi Besides a wonderful selection of city, tribal and village jjSMf jJGwp carpets, Eastern Carpets offers another fringe benefit: our JtA personal assurance of quality. You'll especially appreciate the j^aEa J act lhat ever y carpet at our auction
      283 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      178 8 jdm iSm h i I I® KBB9 fylW *1 Wi*. pif I pL -u LEAVE YOUR FUNCTIONS IN OUR CAPABLE HANDS WE'LL TAKE CARE OF EVERYTHING FOR YOU And that's not a promise we take lightly. Our team of experienced Banquet Sales Managers have the know-how and expertise to efficiently
      178 words
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      Page 8 Advertisements Column 2
      665 8 THE COMPANIES ACT. 1 CHAPTER SO SECTION 290<2)<8) no-net or resolution TENURE PROPERTY INVESTMENT PTE LTD (IN MEMBERSVOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Tenure Property Investment Pte Ltd held at 6 Battery Road. #32-00. Singapore 0104 on the 21st day of March 1995, the following special resolutions were
      665 words
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      Page 8 Advertisements Column 3
      286 8 NOTICES IN THE MATTER OF THE COUP AMES ACT. CHAPTER 50 KHL SPORTS PTE LTD (In Credtore* Vdirtary WMng Up) NOTICE OF RESOLUTIONS At an ExtaonJriary General Meelng cf •w Aom comparer ddy cc»md and hald at 271 BuU Tmah Road #06-01 Balmoral Plan. Singapore 1025 on tie 20t) day
      286 words
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      Page 8 Advertisements Column 4
      696 8 IN THE MATTER Of THi: COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CAMBRIAN SYSTEMS SINGAPORE PTE LTD (In Member'* Noluntary Liquidation) NOTICE OF RESOLUTIONS |Pursuant to Section 29tK2Hh(| At an f xtraordinary General Meeting ol the Company held at 350 OreKard Road. #19-04/06 Shaw House. Singapore 092 on
      696 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      345 9 Combine one vendors servers with another's PCs sharing a to be vendor-neutral and able to shoulder full responsibility, third company's printers on a LAN hooked up to a mainframe, That's us. Digital Multivendor Customer Service is a and what do you have? completely independent business unit. Many of our customers
      345 words
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  • ADVERTISING & MARKETING
    • COPY LINES
      • Article, Illustration
        Batey wins Ericsson contract
        77 10 BATEY Ads has picked up the Ericsson mobile phone business, expected to be worth more than $8 million this year. Batey Ads will work for Ericsson in Hongkong, Thailand and Singapore. The Singaporebased Batey group last year racked up capitalised billings of US$l96 million (*****.3 million)
        77 words
      • Article
        Leo Burnett's new media director
        71 10 TIM Pinnegar joins Leo Burnett here as its new media director. Mr Pinnegar, who was previously Leo Burnett London's media group head, replaces Jaswinder Kaur, who has been assigned to the group's Indonesian affiliate, Kreasindo. While working in London, Mr Pinnegar supervised key accounts, including
        71 words
      • Article
        Saatchi boosts China operations
        75 10 SAATCHI Saatchi is beefing up its China media operations with its latest appointment of Martin Dufty as media director for Shanghai. Others recently brought into China are Mike Jones, previously from SaatchTs Paris office, and James Greet, formerly at Pattison Horswell Durden. Elsewhere, Milano Reyna joins
        75 words
    • Article
      Asian trade fairs growing apace
      601 10  -  Foreign fair organisers are seeking foothold in the region. iMichelle Low reports Michelle Low EVERY industry in the region is looking forward to sturdy growth. The Asian trade fair market is no different. A study by German organiser Messe Frankfurt, the Boston Consulting Group and
      601 words
    • Article, Illustration
      Trade fairs as money spinners
      299 10  -  Michelle Low profiles long-time German fair organiser Messe Frankfurt Michelle Low RUNNING trade fairs is big business for Messe Frankfurt GmbH (MF). Its 20 independently organised shows last year made about 360 million deutschemarks (***** million) in turnover for the German fair organiser. The Frankfurt
      299 words
    • Article, Illustration
      Lock icon Swatch's new lines reigniting interest in collectors
      647 10 NYT SWATCH collectors, take note: The frenzy is back. The boldly graphic watches that were hot collectibles in the late 1980s are attracting crowds again. And now the draw is several new lines of watches: one by hip-hop artists, another by famous film
      NYT  -  647 words
  • Page 10 Advertisements
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      83 10 SUSHI BAR PROMOTION Eat-As-Much-As-You-Like Per Person A-LA CARTE SUSHI AT SPECIAL PRICES Torn Sushi Amaebi Sushi Natto Temaki (Tuna Belly) $16 (Sweet Shrimp) $14 (Fermented Soya Bean Unl Sushi Aji Sushi Paste Handroii) 6 (Sea Urchin) $16 (Morse Mackerel) $14 Hegi Torn Temaki ikura Sushi Tai Sushi {SSS.^ZST^ 9 (Salmon
      83 words
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      Page 10 Advertisements Column 2
      218 10 IMUKMh itAi\.'*JTV Q mMMMmSmSBBm UNIVERSITY OF HULL jfcU THE PINNACLE QUALIFICATION —LjM IN MARKETING* ■■■■UMKHIHiHii The specialist course for executives in marketing management by The University of Hull in association with the Chartered Institute of Marketing, UK. 10TH INTAKE IN SINGAPORE Highly focused Strategic Marketing UK university Masters programme Established
      218 words
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      Page 10 Advertisements Column 3
      113 10 iCY J3 71 #1 OFFSHORE W COMPANY SPECIALISTS With a worldwide team of 125 multi-disciplined professionals and a network of international offices, OCRA provides confidential and cost effective company formation in all the major low tax areas including: •BRITISH VIRGIN ISLANDS BAHAMAS •IRELAND WESTERN SAMOA MAURITIUS JERSEY I "Full professional
      113 words
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  • SPORTS
    • Article, Illustration
      Lock icon Graf, Agassi move into Lipton semi-finals
      338 11 AP KEY BISCAYNE, Florida Steffi Graf, who has yet to lose a set this year, barely kept her winning streak intaet against Natasha Zvereva in the quar-ter-finals of the Lipton Championships. Graf advanced 6-4, 7-6 (7-5) on Wednesday and was to play Jana Novotna
      AP; AFP  -  338 words
    • Article, Illustration
      Lock icon Jordan scores 27 as Bulls beat Celtics
      640 11 Win spoils Celtics' Reggie Lewis event Reuter BOSTON Michael Jordan got 27 points as the Chicago Bulls earned their first win since his return to the NBA, beating the Boston Celtics 124-107 on Wednesday and spoiling ceremonies honouring the late Reggie Lewis. Jordan
      Reuter  -  640 words
    • Article
      Lock icon DC schools cancel sports over unpaid insurance
      217 11 AP WASHINGTON District of Columbia school officials called off all sports practices and games on Wednesday after the company that provides liability insurance to the school system cancelled its policy because it had not been paid. School spokesman Vincent Arraya said the school
      AP  -  217 words
    • Article
      Lock icon Young America swipes win from Stars & Stripes
      526 11 Young America swipes win from Stars Stripes Reuter SAN DIEGO, California The fresh Young America team sailed a mature race to swipe victory from the more experienced Stars Stripes on Wednesday. In an intense match, Kevin Mahaney's Young America. which is proving the dominant defender, continued its winning streak from
      Reuter  -  526 words
    • Article
      Davetalevu upsets Aliens in 10-a-side
      562 11  -  CPA-HKBank Invitation Rugby Sevens From Shahiron Sahari in HONGKONG FIJIAN club side Davetalevu capped a remarkable tour when it won the prestigious Hongkong International 10-a--side tournament at Happy Valley last night its third tournament win in 12 days. Davetalevu. from the Nadroga district in south-west
      562 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        48 11 Reuter NEW YORK NBA games Wednesday: Miami 98 Atlanta 84; Chicago 124 Boston 107; Cleveland 101 Sacramento 89; Indiana 107 LA Clippers 103; San Antonio 102 New Jersey 85; Philadelphia 119 Golden State 102; Dallas 99 Minnesota 96; Utah 103 Denser 91; LA Lakers 121 Portland 114.
        Reuter  -  48 words
      • Article, Illustration
        Lock icon Boxing
        110 11 AP INDIANAPOLIS Mike Tyson s spiritual adviser plans to hold an outdoor Islamic prayer service just after the former heavyweight champion is released from prison tomorrow. But like the details surrounding every other aspect Tyson's release, the specifics of the service have not been determined. The Rev Charles Williams,
        AP  -  110 words
      • Article, Illustration
        Lock icon Ice hockey
        40 11 AP NfcW YORK NLH games Wednesday: Hartford 4. Philadelphia 3; Florida 3. Montreal 2; Quebec 6. Boston 2; New Jersey 5. NY Rangers 2; Detroit 6. Winnipeg 3; Edmonton 4. Dallas 4; Calgary 4, St Louis 3. AP
        AP  -  40 words
      • Article, Illustration
        Lock icon Rowing
        63 11 Reuter MAR DEL PLATA, Argentina Canadian rowing gold medalist Silken Laumann has tested positive for a banned substance at the Pan-American Games, organisers and the Canadian Olympic Association (COA) said on Wednesday. Tests taken on Laumann after Sunday's women's quadruple sculls, won by a Canadian team that included the
        Reuter  -  63 words
      • Article, Illustration
        Lock icon Soccer
        81 11 AFP SEOUL Asian football chief Peter Velappan has again urged South Korea and Japan to set aside their bitter rivalry and co-host the 2002 World Cup finals, the Yonhap news agency said here yesterday. Velappan. general secretary of the Asian Football Confederation (AFC), made the appeal at a meeting
        AFP  -  81 words
      • Article, Illustration
        Lock icon Tennis
        356 11 AP AP KKY BiSCAYNfc, Florida As speculation builds that Monica S>elcs will return to tennis this spring, the WTA Tour is faced with the issue of where she should be ranked and seeded. "The milliondollar question." said Marianne Werdel Witmeyer, vice-president of the players association. Seles. 21. was the
        AP  -  356 words
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      328 11 INFHline ENGLISH NUMBER Children's Funland Catch a Failing star 910 0001 Usborne Book Line The suiy wanes 910 0002 Horse Racing Results 911 0001(*) 4 D/S weep/To to Toto Draw No 957 911 0002(*) Tele-Games Crack The Safe A Mrs Wizards's 911 0003 Crystal Ball 8 Mensa Line Brain Hunt
      328 words
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      1330 12 Nothing Beats A BiKl, HfcVi'lfl WHERE to WINE, DINE AND ENTERTAIN Of I —i a r Homecooked L M| SO different sauces I And all-time Italian favourites L PASTA FRESCA LTD WM I <v,> v i P 8*833 HoyeMte WatTimah 350 Orchwd Bd, She# House, Isctan Scotts, 4th level, 5(0923)
      1,330 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Groovy kind of view
      930 13  -  Kevin Sullivan finds much to appreciate of the men behind the sounds at Phil Collins* concert on Wednesday Kevin Sullivan THE GOOD thing about free tickets is that they're free; the bad thing is that you end up sitting behind the sound engineers. These mandarins of
      Photo by Alvin Toh of The New Paper  -  930 words
    • CHATTER BOX
      • Article
        Lock icon Al Gore's Petra visit
        177 13 AP AP THE ANCIENT ruins at Petra are Jordan's top tourist attraction. made even more famous as a dramatic backdrop in the movie, Indiana Jones and the Last Crusade. On Wednesday. US VicePresident A 1 Gore couldn't resist taking a look. Up before dawn after a
        AP  -  177 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      170 13 WHERE TO WINE, DINE AND ENTERTAIN jgs®|ga|^ 01airnl|tll jSteab plnuse Open Daily Lunch 11,30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1230+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 I Skiwa's yakittikw GooJwoJMlW
      170 words
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      90 13 TSINGTAO BEER Standing tall with its Superb Flavour Tsingtao, a rich strong flavoured beer brewed with sparkling, spring water from the famous mountains of Laoshan. Its superb taste, praised and awarded the world over since 1963, quenches your thirst... revitalises your body... makes you jUAU. feel good! II Tsingtao, it's
      90 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1292 13 TV RADIO True story uhout f |v' geous women faccd with the imminent deaths of their new- HL horn babies. Stars Ann Jillian < i and Miehele Green V Jnmrlf?> Friday at the Movies Broth- A*. Miwlrjll wwj A group of rich young men Vm>ajfm ■tfljl form a secret brotherhood
      1,292 words
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  • Article
    The challenges for Ruggiero
    551 14 EP'TQRIAL THE process leading to the choice of former Italian Trade Minister Renato Ruggiero as the chief of the World Trade Organisation (WTO) has been messy and unseemly. The appointment was to have been finalised by the time the WTO took over from the old General
    551 words
  • WHAT THE OTHERS SAY
    • Article
      Trade rather than aid
      277 14 THE Clinton administration's decision to lay greater emphasis on trade and investment than on aid will raise no cavil. But certain simplistic assumptions that are implicit in the American attitude must be rebutted. It is more than a matter of detail that the world's biggest aid
      277 words
    • Article
      The road to smooth traffic
      108 14 TO WHAT EXTENT can Singaporeans enjoy a comfortable ride on our roads? In parliament recently, Communications Minister Mah Bow Tan outlined measures to ensure a smooth land transport system. The formation of a statutory board to coordinate the needs and various aspects of land transport
      108 words
    • Article
      Handle foreign workers carefully
      181 14 CASES OF MURDER and clashes among foreign workers at worksites in the last one or two years are evidence of the damage that can be done to law and order here if we depend too much on foreign labour. The incredible reactions from the Philippines to
      181 words
    • Article
      Avoid sensitive utterances
      186 14 WITH THE MEMORY of the so-called Monitor case still lingering in our minds, emotions are now once again heated in large sections of our community because of what is perceived to be blasphemous statements made against the Prophet Muhammad. Strong reactions have been provoked among Muslim leaders
      186 words
    • Article
      Cool the planet down
      130 14 AN UPCOMING GATHERING in Berlin will be the most important meeting on the planet's climate since the Earth Summit nearly three years ago. The conference will bring together delegates from countries which have ratified the Framework Convention on Climate Change (FCCC), a treaty designed to stabilise
      130 words
    • Article
      A lack of compassion
      135 14 THE HANGING of Flor Contemplacion in Singapore last week was legal and careful. This is precisely what made the death of the former domestic worker so appalling to millions of her fellow Filipinos and others. The Singapore government followed the law exactly in arresting and bringing
      135 words
  • Article, Illustration
    A country interested only in itself
    918 14  -  Hisayoshi Ina discusses why Japan has become so inward-looking of late and says the national penchant for introversion could be dangerous Hisayoshi Ina The writer is a columnist with the Nihon Keizai Shimbun, where this commentary first appeared Despite ail the talk about internationalisation
    918 words
  • Page 14 Advertisements
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      107 14 PRES E N T S YASLNI P BYPOPULAR DEMAND! 1 2ND SHOW ON 2 APRIL 1995 4& 2 APRIL 1995 SINGAPORE INDOOR STADIUM 8:00 PM Limited tickets at 575. 555 and $40 are available now at all SISTIC outlets or call Ticket Hotline: 348 5555 Fax Bookings: 440 6784 Enquiries:
      107 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      39 14 Li"kiJgM>TfSaSWig /too mann' \(i*ro pt noAI v>/e. B»eeH dusting rnfc. SSS'Sgw. tegH C«UOCUT(ON€W»V<MI.TD. IM2-IWS %><!>>»-9405 DOONESBURY GARRY TRUDEAU OKAf, LEVS 00tjn Ajn rryj ISeH-iur m«mSSWSfVK I "&VAKZ- fiOLAW- ■wi is down.'a P /afar ff f /wvraav KJPmeeTO Aknokj/T {AS^AJCKJ
      39 words
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  • ANALYSIS
    • Article, Illustration
      There's Asean and Apec. How about Nazrez now?
      1055 15 THE "East Asian Miracle", as the World Bank has called the region's wirdschaftwunder, has begun to spill over into parts of South Asia with economic liberalisation in India and elsewhere. But it has by-passed North Asia almost entirely, despite the region's great
      1,055 words
    • Article
      In one bed but with different dreams
      838 15  -  Anthony Rowley reports on efforts to build a North Asian economic community and discusses what's standing in the way. In the accompanying piece, he examines an ambitious UNDP plan for an 'international city and two 'golden triangles' in the region Anthony Rowley The
      838 words
  • Page 15 Advertisements
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      22 15 O o o Q o LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. BiisinessTimes
      22 words
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      Page 15 Advertisements Column 2
      209 15 Ha Buil d i n LONDON El P ollowing the recent success of selling in excess CARPETED THROUGHOUT r of 50 '/o of the first release. Reealian are a QUALITY FITTED KITCHEN WITH INTEGRATED delighted to announce the international launch ot the Scotia Building. APPLIANCES Scotia Building has 33 modern,
      209 words
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  • Article
    Manila officials hope business won't be hit by strained ties with S'pore
    483 16 MANILA Philippine officials said yesterday they hoped Manila's strained relations with Singapore over the hanging of Filipina maid Flor Contemplaeion would not sour private business deals. "We hope business will continue... but in the context of strained relations,
    483 words
  • Article
    Lock icon UK unlikely to want Leeson: German lawyer
    278 16 Reuter, AP, Bloomberg Business News FRANKFURT Britain is unlikely to issue its own extradition request for Nick Leeson, who had hoped such a move would prevent him from being returned to Singapore, a German prosecutor said yesterday. Hans-Hermann Eckert, whose office is representing
    Reuter,; AP, Bloomberg Business News  -  278 words
  • Article
    Lock icon Bundesbank won't bail out banks hit by derivatives losses
    348 16 Reuter SAARBRUECKEN, Germany Bundesbank president Hans Tietmeyer yesterday issued a stem warning about risk management in derivatives trading and said the central bank would not bail out banks hit by derivatives losses. "It should be unmistakably clear to all participants: in
    Reuter  -  348 words
  • Article
    Lock icon Missing scrip: police likely to make arrests soon
    158 16 Bernama PETALING JAYA Police are expected to make arrests soon in connection with the share scrip which went missing after Baring Securities Singapore Pte Ltd handed them to a courier firm for delivery to its office in Kuala Lumpur. A source yesterday
    Bernama  -  158 words
  • Article
    Lock icon NF to focus on continuity as election platform
    219 16 Reuter, Bernama KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad says the ruling National Front (NF) coalition will focus on continuity as its platform for the next elections. Bernama yesterday quoted him as saying: "The important thing is that we have launched a
    Reuter,; Bernama  -  219 words
  • Article, Illustration
    No pain, no gain, in financial liberalisation
    663 16  -  The Bottom Line BAHRAM NOWZAD BAHRAM NOWZAD The writer, former chief editor of the International Monetary Fund and now a Washington-based consultant, contributed this article to BT IN THE BAD old days, before the era of globalised financial markets, before investing in emerging
    663 words
  • Article, Illustration
    Lock icon Ruggiero finally wins battle to head WTO
    382 16 Reuter GENEVA Italy's Renato Ruggiero won his battle to head the World Trade Organisation yesterday and pledged that promoting global free trade would be his main aim. Trade officials said WTO member states endorsed the European Union's candidate in an "informal" meeting that
    Reuter; AFP  -  382 words
  • Page 16 Advertisements
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      50 16 i -need to brighten up fmSM mk^W\ mfl^B i LEVEL 4 ISETAN ORCHARD TELEPHONE *****96 A CLUB 21 BOUTIQUE m m m um m daily departures H economy to Los flB H BH MB nights twin-share stay BUB San BBBH B to 1995 only *1' Call Our Toil-Free Number 1800-*****88
      50 words
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      14 16 MioDino II mondo uffTclo. The office world. Editorial: The challenges for Ruggiero, Pg 14
      14 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Datacraft Asia offers 45.5m shares at 39 US cents each
      567 17  -  By Michelle Low SINGAPORE Computer network specialist Datacraft Asia is offering the public 45.5 million shares at 39 US cents each. The flotation of 25 per cent of the company will raise net proceeds of about US$ll.4 million (5516.1 million)
      567 words
    • Article
      Singatronics tie-up buys Aussie hotel for A$8m
      333 17  -  By Schutz Lee SINGAPORE Singatronics Ltd has bought a hotel in Australia for AsB million (SSB.2 million) and taken over a property development project in China. The company said yesterday the hotel, Mercure Inn Townsville, was acquired by Townsville Hotel Pty Ltd, a
      333 words
    • Article
      UOB looks to region for new growth momentum
      280 17 SINGAPORE United Overseas Bank, which expects sin-gle-digit growth in earnings for 1995, will look to Malaysia and the region as well as more fee-based business for new growth momentum this year, said UOB chairman Wee Cho Yaw yesterday at a press conference.
      280 words
    • Article
      Is UOB trying to lower market expectations?
      951 17  -  HOCK LOCK SIEW By Alvin Tay SINGAPORE United Overseas Bank (UOB) could finally be back on top after a lapse of 10 years. Yesterday, it reported group earnings of $570 million for 1994. much higher than the $533 million generated by eight-time top
      951 words
    • Article
      SBS profit dips, but $73m result better than forecast
      477 17  -  By Ramesh Divyanathan SINGAPORE Singapore Bus Service (SBS) yesterday reported lower net earnings for calendar year 1994. But the group's net profit of $72.9 million a 13.7 per cent fall from 584.4 million in 1993 was still higher than analysts* average
      477 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        50 17 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 Securities. Credit Lyonnais Securities. Daiwa, Fraser. GK Goh, Kay Hian. Morgan Grenfell. OngCo. Nomura. Phillip, Smith New Court, Wl Carr and SG Warburg.
        50 words
      • Article, Illustration
        HOT STOCK
        123 17  -  -By Paul Leo NATSTEEL fell 35 cents or 10.5 per cent to $2.99 yesterday on poorer than expected corporate earnings. Comparing yesterday's volume of 5.11 million units to 6.31 million shares that was accumulated during the run up from $3.20 on July 15 to $3.46 on March 20,
        123 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          UOF earnings up 13.5%
          59 18 SINGAPORE Higher net interest income and lower provisions helped United Overseas Finance lift net earnings 13.5 per cent to 515.21 million for 1994. The listed finance company, which is recommending a first and final dividend of 6 per cent, said it planned to offset expected lower
          59 words
        • Article
          Tat Lee Finance earnings up 24%
          93 18 SINGAPORE Tat Lee Finance yesterday reported a 24 per cent rise in net earnings to 58.5 million for 1994. Operating revenue in the year to Dec 31, 1994, rose 27.9 per cent to $37.2 million. Earnings per share, based on existing share capital, increased
          93 words
        • Article
          Clipsal profit rises 15.9%
          103 18 SINGAPORE A 171.5-per cent increase in contributions from associated companies, especially Gerard Industries in Australia, boosted Clipsal Industries' net profits for the year to Dec 31 by 15.9 per cent to $18.14 million. Clipsal's associated companies accounted for $10.57 million of pre-tax earnings last year, compared
          103 words
        • Article
          Pentex-Schweizer's earnings up 60%
          70 18 SINGAPORE Pentex-Schweizer Circuits yesterday reported a 60 per cent rise in net earnings to $5.59 million for the six months to Dec 31, 1994, on a 24 per cent rise in turnover to $43.85 million. The printed circuit board maker's earnings per share was 10.08 cents
          70 words
        • Article
          Promet earnings jump to M$17.7m
          67 18 SINGAPORE Promet Berhad yesterday announced net earnings of M 517.7 million (Ss9.B million), up from Msl.s million the previous year. Turnover was 29 per cent higher at M 5286.2 million and profit before tax rose 49 per cent to M 534.9 million, both due to
          67 words
        • Article
          LC Dev's Viet project approved
          79 18 SINGAPORE Lum Chang subsidiary LC Development said yesterday it had obtained approval to build a mixed development in Ho Chi Minh. The project involves finishing a partly completed 12-storey building on a 2,280-sq m site, with office and retail space and service apartments. It will
          79 words
        • Article
          Pan Malayan earnings soar
          66 18 SINGAPORE Pan Malayan Holdings Ltd's net earnings for the year ended Dec 31, 1994, was $48.9 million, compared to just $2.7 million in 1993. The result was due mainly to a profit of $23 million from sale of land at Hillview Ave and a profit of
          66 words
      • Article
        Renong's interim profit rises 47% to M$110m
        420 18  -  From Ho Kay Tat in KUALA LUMPUR CONGLOMERATE Renong Bhd has turned in a better-than-expected net profit of M$ 109.9 million (5560.9 million) for the half-year ended Dec 31, 1994. This was 47 per cent higher than the M 574.60 million recorded in
        420 words
      • Article
        Businessman makes M$900m reverse takeover of U-Wood
        276 18  -  From Ruth Wong in KUALA LUMPUR LAWYER-turned-business-man Rozali Ismail has mounted a Ms9oo million (***** million) reverse takeover of listed timber-based U-Wood Holdings Bhd. Yesterday, U-Wood Holdings Bhd said it would buy Puncak Niaga (M) Sdn Bhd, the concessionaire for the privatised Selangor
        276 words
      • Article
        Insurer Great Eastern Life's assets balloon to $6.6b
        238 18 IT HAS been another phenomenal year for Great Eastern Life Assurance Co. The total assets of Singapore's largest insurer soared $1.52 billion to $6.61 billion in 1994. A statement on its results and balance sheet released yesterday suggests the jump was due
        238 words
      • Article
        UEM's net profit jumps 52% to M$217m
        188 18 KUALA LUMPUR Construction giant United Engineers (Malaysia) Bhd (UEM) raked in M 5216.90 million (*****.22 million) net profit for the year ended Dee 31, 1994. a sharp 52 per cent jump over the previous year's MS 143.07 million. This gives the group an
        188 words
      • Article
        UNIT TRUSTS & FUNDS
        567 18 UNIT TRUSTS FUNDS Manager*' pric»» Mar 24 US Gr Fund 0 98 1.02** Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.36 1.65 Cnifund 1.31 I Vi The Saving Fund 141 l.49««J I mhoful 1025 1.050 S'pore Prog Fund 0 57 0.61 United Gr Fund 154 161 Spore See
        567 words
      • Article
        Cheung Kong profit up 3.4%, Hutchison Whampoa up 27%
        436 19  -  From Lim Soon Neo in HONGKONG PROPERTY developer Cheung Kong (Holdings) yesterday reported a 3.4 per cent rise in net earnings for 1994 to HKSIO.I billion (551.84 billion), up from HKS9.B billion in 1993. Earnings per share came to HKS4.6O, up
        436 words
      • Article, Illustration
        Lock icon For Gulliver's travels
        45 19 Reuter TOKYO A model with a regular car tyre stands beside the world's largest radial tyre developed by Bridgestone Corp. The tyre, for use with dump trucks, has a diameter of 3.8 metres, is 1.3 metres wide and weighs 4.2 tonnes. Keuter
        Reuter  -  45 words
      • Article
        Lock icon HK firm plans IPOs for China ventures
        253 19 Reuter HONGKONG China Assets (Holdings) Ltd is talking with China's two stock exchanges to launch initial public offers of some of its direct investment ventures. This followed Regent Fund Management Ltd's proposal to liquidate China Assets' investments. The talks were disclosed by Lao
        Reuter  -  253 words
      • Article
        Lock icon HK analysts pare 1995 forecasts as earnings fall short
        470 19 MARKET WATCH Bloomberg Business News HONGKONG Corporate Hongkong is coming up short. Squeezed by slumping real estate prices, earnings at many of territory's biggest companies are undershooting shareholder expectations. Many analysts who get paid to predict profits admit they got it
        Bloomberg Business News  -  470 words
      • COMPANY BRIEFS
        • Article
          Lock icon Shanghai Refrigerator profit falls
          97 19 Bloomberg Business News HONGKONG Shanghai Refrigerator Compressor Co's operating profit more than doubled last year thanks to a joint venture with Japan's Hitachi Ltd. The company, which makes refrigerators and air-conditioner components, yesterday said net profit after tax and payment to minority interests fell 24.6 per
          Bloomberg Business News  -  97 words
        • Article
          Lock icon Capital reduction plan approved
          61 19 Reuter MELBOURNE Australia's largest retailer. Coles Myer Ltd. said it has won overwhelming support from shareholders for a selective capital reduction which completes the AS 1.26 billion (551.28 billion) buy-back of a 21.45 per cent stake in itself. Shareholders yesterday voted to cut the number of
          Reuter  -  61 words
        • Article
          Lock icon BP's A$2.5b push into Asia
          76 19 Bloomberg Business News MELBOURNE British Petroleum pic will spend more than A 52.5 billion (552.55 billion) to lift its exposure to Asia in the next five years, the Australian Financial Review reported yesterday. BP said it has 23 per cent of its total US$2B billion
          Bloomberg Business News  -  76 words
        • Article
          Lock icon GM in talks to sell magnet business
          86 19 Reuter DETROIT General Motors Corp is negotiating to sell its Magnaquench magnet business for about US$7O million (5598.7 million) to a Chinese investment group, a source familiar with the discussions said on Wednesday. Magnaquench, which owns an exclusive technology to make small but
          Reuter  -  86 words
        • Article
          Lock icon Suzuki okays sale of unit's shares
          86 19 Bloomberg Business News BOMBAY Suzuki Motor Co Ltd will allow its Indian subsidiary, Maruti-Udyog Ltd, to sell shares on Indian stock exchanges, the Economic Times reported yesterday. Suzuki, which has a 50 per cent stake in the Indian company, will lower its holding in
          Bloomberg Business News  -  86 words
      • Article, Illustration
        Lock icon Chairman of India's ITC defies order to resign
        409 20 Reuter BOMBAY The chairman of ITC Ltd, the Indian affiliate of BAT Industries pic. has refused to resign, even though the British-based group says it has lost confidence in him. Tobacco and insurance giant BAT. which controls 31 per cent of ITC.
        Reuter  -  409 words
      • Article
        Lock icon Japan's top brokerages forecast pre-tax losses of up to 65b yen
        214 20 AFP TOKYO Japan's Big Four securities firms all revised downward their business results for the year to March yesterday, forecasting pre-tax losses ranging from 26 billion yen (*****.49 million) to 65 billion yen. Nomura Securities Co Ltd. the top
        AFP  -  214 words
      • Article
        Lock icon Acer is world's 7th-largest PC vendor: research firm
        222 20 AFP TAIPEI Taiwan's computer giant Acer Inc has been ranked the world's seventh largest brand name personal computer vendor in 1994 by a US computer market research firm. Acer officials yesterday said the Boston-based International Data Corp (IDC) rated it seventh among
        AFP  -  222 words
      • Article
        Lock icon Midland Bank to cut 1,745 jobs at UK branches
        153 20 Bloomberg Business News LONDON Midland Bank pic. a subsidiary of HSBC Holdings pic, said on Wednesday it will cut 1.745 jobs at branches in the UK as it reorganises its banking service. The bank said it is returning to "strong local
        Bloomberg Business News  -  153 words
      • Article, Illustration
        Lock icon Microsoft goes to Hollywood
        419 21 The new company will produce computer games and interactive multimedia software Reuter REDMOND, Washington Microsoft Corp and its chairman Bill Gates joined Hollywood's new "dream team" studio on Wednesday to form a joint venture aimed at producing computer games and other interactive multimedia software. The world's
        Reuter  -  419 words
      • Article
        Lock icon NYSE touts technology facelift, targets Nasdaq gems
        426 21 Bloomberg Business News SAN FRANCISCO Richard Grasso, the next chairman of the New York Stock Exchange, wants to rid the 203-year-old institution of its stodgy image by touting the Big Board's US$l5O million (*****.5 million) technology facelift and grabbing a few gems from
        Bloomberg Business News  -  426 words
      • Article
        Lock icon Smith Barney torn apart by infighting over bonuses
        325 21 NYT NEW YORK Infighting is tearing apart Smith Barney's highly touted investment banking group. The firm's investment banking group, which was hailed two years ago as the engine that would propel Smith Barney into the financial big leagues, has split into warring
        NYT  -  325 words
      • Article
        Lock icon Fisher to unveil Kodak's strategy for digital imaging
        273 21 Reuter NEW YORK High-tech executive George Fisher on Tuesday lays down his biggest bet since becoming chairman of Eastman Kodak Co 16 months ago. In a slick Silicon Valleystyled marketing event, Mr Fisher will roll out his strategy, deals and products for
        Reuter  -  273 words
    • FINANCE & COMMODITIES
      • Article
        South African bank ABSA raises US$70m in S'pore
        411 22  -  By Conrad Raj SINGAPORE Leading South African bank ABSA tied up a US$7O million (Ss9B million) loan in Singapore yesterday. The loan arranged through its Singapore offshore branch, which officially opens today is the first mediumterm facility raised by a nongovernment South
        411 words
      • Article
        French insurer Axa in S Korean tie-up
        217 22  -  Axa replaces Aetna International as Dongbifs partner By Soh Tiang Keng SINGAPORE Axa, the French insurance group with active business in Singapore and other parts of Asia, will form a life insurance joint venture with South Korea's Dongbu group. Axa has obtained approval
        217 words
      • Article
        Lock icon US watchdog panel accuses three firms of fraud
        203 22 Reuter WASHINGTON The Commodity Futures Trading Commission said on Wednesday it filed administrative charges against three US companies and three of their executives for alleged commodity futures trading fraud. The CFTC said in two complaints that the alleged fraud victimised German and
        Reuter  -  203 words
      • Article
        Cargill now Simex clearing member
        72 22 SINGAPORE Cargill Investor Services (Singapore) (C'iss) will be admitted as a clearing member of the Singapore International Monetary Exchange from today. Ciss is a wholly-owned subsidiary of Chicago-based Cargill Investor Services Inc (CIS), which in turn is a wholly-owned subsidiary of America's largest privately-held conglomerate
        72 words
      • Article
        Lock icon Kuwait oil dispute deadlocked
        305 22 ENERGY REPORT Reuter KUWAIT A strike in Kuwait's Gulf War oilfields went into a sixth day yesterday with no early end in sight to a walkout aimed at shutting off 3 per cent of global production. Workers and management remained deadlocked over ways of ending what
        Reuter  -  305 words
      • Article
        Lock icon Currency Reports: London
        195 22 Reuter LONDON The dollar is seen remaining under pressure against the yen and the mark in Europe yesterday as it hovers close to its reeord low against the Japanese unit. Short-covering and Bank of Japan intervention helped dollar/yen off its lows overnight. At one point it was
        Reuter  -  195 words
      • Article
        Lock icon Deutsche Bank dismisses TV report on fugitive tycoon Schneider
        244 22 AP FRANKFURT Germany's largest bank on Wednesday rejected as "speculative" a report that fugitive real estate tycoon Juergen Schneider plans to return and blame the bank for losing billions. ZDF German television reported on Tuesday that Mr Schneider has written a
        AP  -  244 words
      • Article
        Lock icon New York
        94 22 AFP NEW YORK The dollar continued to weaken early yesterday in active trading, falling to a new record low against the yen as Japan's fiscal year draws to a close March 31. At 1510 GMT. the dollar was quoted as trading at 1.3967 marks, down from 1.4030 late
        AFP  -  94 words
      • Article, Illustration
        Untitled
        1725 22 iihU- u«7tf*»/«-t/ nuk\ «ak tilaUtJ jitainxl S/Mit's hf 14 tithhn* Him- KW /W US$/S$ forward rates Noon /Mar 2] sS Bid Offer I month I -IOX6 I 4101 month ***** 1 4057 V m«>tnh ***** 1.4020 6-month I MOO I NM Sown- (X IW Source: OCBC FOREIGN CURRENCY NOTE RATES
        1,725 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen firms, Eurodollars steady
        1351 23 SiMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended firmer and Eurodollars were little changed. For Euroyen's lead December contract, the market has already factored in an expected 50-basis point cut in Japan's official discount rate, said a dealer. "The buying pressure is coming to a close
        Reuter  -  1,351 words
      • Article
        Tin price soars 70 sen to M$14.62
        677 23 COMMODITY REPORTS KL Tin F IRM buy ing sentiment buoyed by a steadier LME led the price of tin on the KLTM to jump 70 sen to MS 14.62 per kg. The steep rise of US$2BO on the LME owing to metal shortages
        677 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Aussie firm, China sign 50-year deal
          71 23 SYDNEY Australian-based Gain Export International Ltd has signed a contract to supply live cattle to China in a 50-year joint venture with the Beijing General Corporation of Agriculture Industry and Commerce. Gain Export said yesterday it would initially export 80 cows and 20 bulls
          71 words
        • Article
          India plans bulk import of edible oils
          131 23 NEW DELHI Government-run State Trading Corp (STC) is planning to arrange the bulk import of edible oils such as soybean oil, sunflower oil, rapeseed oil, cottonseed oil and palm olein after pooling demand from several users, a company official said yesterday. He said
          131 words
        • Article
          China earmarks 50b yuan for fanners
          67 23 BEIJING China's Agricultural Development Bank will provide 50.2 billion yuan in loans to agricultural projects this year, the official China Daily reported yesterday. About 40 billion yuan will be used for buying grain, cotton and edible oil. Another 8.4 billion yuan will be for
          67 words
        • Article
          S Korea pressing Russia to repay loans
          60 23 SEOUL South Korea is pressing Russia to agree by the end of this month to deliver the aluminium that is payment for part of a large debt. Hyundai and Daewoo have joined the government in lobbying Russia to repay some of its US$3BB
          60 words
    • Article
      COMMODITY PRICES
      1477 23 SICOM Futures Rubber (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Apr 95 270.00 270.00 269.00 50 375 May 264.00 1600 Jun 259.00 2175 Jul/Sep 257.00 253.00 257 00 825 4275 Oct/Dec 255.25 245.00 255.50 3000 7005
      1,477 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1000 24 -1.5 SHARES closed marginally lower yesterday in lacklustre trade as brokers reported little interest from overseas investors. The All Ordinaries Index ended at 1.890.9 points, down 1.5. The All Industrials fell 3.6 to 2.843.0 while the All Resources crept up 0.2 to 1,170.9. Turnover was 153.7 million shares worth
        1,000 words
      • Article
        Manila
        653 24 -18.72 Stock fell, following President Fidel Ramos' threat to cut ties with Singapore over the hanging of a Filipina maid. The execution triggered street protests in the Philippines where many groups insist the maid. Flor Contemplation, is innocent. Mr Ramos has formed a special commission to determine whether or
        653 words
      • Article
        Taipei
        533 24 -37.16 Stocks fell for the fifth consecutive session, with textiles hit hardest. The Weighted Price Index fell 37.16 to 6.441.85 points. Turnover was 518 million shares worth NT523.3 billion. Falls outpaced rises 224 at 78. with 121 issues unchanged. The market opened slightly higher, but steadily lost momentum towards
        533 words
      • Article
        Seoul
        438 24 +5.48 Share prices bounced back, bolstered by selective buying. The Composite Price Index settled at 947.25 points, up 5.48. Trading volume swelled to 25.83 million shares worth 451.83 billion won, with rises outnumbering falls by 496 to 260. As a correction mood overwhelmed the bourse, players took a wait-and-see
        438 words
      • Article
        New Zealand
        351 24 -13.03 Shares ended another lacklustre session lower on light volume. "Our market is struggling under lack of interest," said a broker. He said investors see bank bills and bonds as a more attractive investment at present and until yields start to tall, the market is likely to languish.
        351 words
      • Article
        Bombay
        133 24 -66.54 Shares ended the session easier as operators sold to make up their losses from the recent payments' crisis, brokers said. The Bombay bourse reopened for business after a three-day shutdown triggered by a 195-million rupee default by broker RS Jhaveri ended late on Wednesday. The BSE 30-share Index
        133 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        707 24 Britannia Funds Sterling ash Bid (Mfcr Mim Cap IJepovl WMOO J* 6500 MimJersoG.il 01*93 0 1992 Mim Ma« Income "0 9000 ****** I SS C ash Income Plus Fund 7400 10 JKOO PS Reserve Fund 5 4200 5 4**) Sterling iquit> Euro Performance ***** 0.49M Far East Fund *2 7650
        707 words
      • Article
        London
        726 24 -3.3 SHARE prices closed easier under the weight of declines in European bourses, principally Germany and France, and amid renewed currency worries after the dollar posted a fresh post-World War II low against the yen. News earlier of the latest UK retail price data helped leading shares rally to
        726 words
      • Article
        Paris
        154 24 -22.32 French shares ended lower, pushed down by the dollar and weaker German markets, but well above lows. A fall on German share and bond markets, accentuated by heavy selling by foreigners, pushed the CAC down to break support at 1,808 and next at 1,790 before rebounding. The CAC-40
        154 words
      • Article
        Frankfurt
        209 24 -48.2 Renewed foreign sales forced the German share index to break support at the 1.960 level in active trading. The next support is seen at 1,920, traders said. Although there were no new fundamental reasons to trigger the sharp decline, traders said investors do not seem to care for
        209 words
      • Article
        Brussels
        220 24 -14.14 Heavy Bel-20 basket selling in the afternoon following a 2.4 per cent dive on the German stock market pushed Belgian shares to a sharply lower close. Traders said that Belgian stocks resisted rather well, but did not exclude a further slide. "The upward potential remains rather limited as
        220 words
      • Article
        Milan
        125 24 -215 Renewed lira weakness and worries over Italy's pension reform negotiations are getting bogged down in details left Italian shares shaky. The Mibtel Index shed 215 points to 9,409. "The underlying market is slowly crumbling away in tiny volumes. What action there is is centred on futures which are
        125 words
      • Article
        Amsterdam
        260 24 -6.66 Dutch shares plunged, triggered by a 48-point fall in the German DAX index. Dealers noted market talk that a big German institution had revised down its forecast German growth figures, sending DAX lower. Traders said that a lack of bids supporting the market could push AEX further towards
        260 words
      • Article
        Stockholm
        119 24 -11.16 Swedish shares fell for the second consecutive day, with the OMX Index down 11.16 points at 1116.18. Turnover was moderate at 2.209 billion crowns. Apart from uneasiness on the money and currency markets, the Stockholm exchange was also negatively affected by falls on the Frankfurt market and other
        119 words
      • Article
        Zurich
        286 24 -21.2 Swiss shares ended lower in quiet trading. Dealers said the slump was driven by the weak dollar and a sharply lower bourse in Frankfurt. The SMI Index of leading shares closed down 21.1 points at 2.480.8. The Allshare SPI Index lost 13.04 to 1,627.79. Volume was moderate with
        286 words
      • Article
        Johannesburg
        371 24 -28.7 South African gold shares managed mild gains after bullion gained, but dealers said prices were restricted by a strong rand. Industrials were mostly softer amid a general lack of interest and sluggish world markets. The Overall index ended 7.7 points softer at 5,260.3, the Industrial Index lost 28.7
        371 words
      • Article
        Toronto
        264 24 -1.9 Stocks eased in sloppy trade with profit-taking in most sectors offsetting strength in heavily weighted golds. The TSE-300 Composite Index slipped 1.9 points to 4.261.30 on volume of 6.45 million shares valued at C 5859.96 million. Falls outpaced gains 147 to 145, with 209 issues unchanged. "It looks
        264 words
      • Article
        New York
        733 24 -3.12 The Dow Jones Industrial Average, whieh rose 10.38 points on Wednesday, was down down 3.12 to 4,079.87 at 1 lam EST. The key barometer was down 12.45 shortly after the market opened. The NYSE Composite Index was off 0.11 to 267.69, while Standard Poor's 500-stoek Index was
        733 words
    • Article, Illustration
      Lock icon HONGKONG
      3140 25 Bloomberg Business News HONGKONG Stocks fell, led by real estate companies, due to earnings disappointments announced by some of the territory's largest companies in the last week. The Hang Seng Index dropped 41.44 points to 8.467.67. The All Ordinaries Index fell 19.09 to 4,085.37. Turnover was HK53.35 billion. The
      Bloomberg Business News; Source: Bridge Info  -  3,140 words
    • Article, Illustration
      Lock icon CHINA
      592 25 CLSA HONGKONG H shares remained sluggish as turnover dipped to HKS6I million. The index fell 0.68 point to 1,048.47. Tsingtao, which had been badly battered in the last two days, saw some respite and recovered 3 per cent. Dongfang, the new target of selling pressure, retreated 6.5 per cent.
      CLSA  -  592 words
    • Article, Illustration
      Lock icon TOKYO
      2571 25 Bloomberg Business News TOKYO Stocks fell to a 31month low as the yen's strength against the dollar threatened to slash export earnings and falling share prices weighed on banking shares. Declines in banking, utilities, electronics and steel shares paced the decline. "Banks tend to be wired to the market
      Bloomberg Business News; Source: Bridge Info  -  2,571 words
    • Article, Illustration
      Lock icon BANGKOK
      1834 25 Reuter BANGKOK Stocks ended only slightly lower helped by purchases of big Thai market capitalisation stocks. The SET Index fell 2.00 points to 1,208.13 on a turnover of 5.56 billion baht. "There was buying of big market cap stocks. Otherwise the index would have fallen more," said a broker.
      Reuter; Source: Bridge Info  -  1,834 words
    • Article, Illustration
      Lock icon JAKARTA
      1181 25 Reuter JAKARTA Share prices closed mixed in moderate trading on selling pressure across the board with market sentiment remaining weak. "Local speculators were seen cutting losses particularly in property stocks on fears that the continued weak market sentiment would make it rather difficult for the market to rebound," one
      Reuter; Source: Bridge Info  -  1,181 words
    • Article
      CLOB INTERNATIONAL
      2576 26 Of Of 1994,95 UM \ul IH> UM Quoit Ui« Di» \ld \rt »p High l.tm umpan) Salr (000) High Low Bu>tr Selkf N (>r S P/t M111I MALAYSIAN STOCKS 434 73 in MSB MX. 412 X 640 424 410 410 412 3 0 -2.9 0 2 42 3
      2,576 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares fall on concern over current account deficit
        6770 26 Bloomberg Business News KUALA LUMPUR Stocks fell as investors waited to see whether the central bank. Bank Negara, would announce that the current account deficit in 1994 had grown wider than the government had forecast. Also, investors are nervous that the Federal
        Bloomberg Business News; Source: Bridge Info  -  6,770 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8609 27 MAIN BOARD U U M Ml *****5 Inl \ol l)»» lasl<>»i. I>i< tu Net < »p A>« I Inch I im < ,>,upan\ Nile IIWOI High l« Baser Seller S Of P/l Sniil Price INDUSTRIAL AND COMMERCIAL 7 20* 1** ml s Von.i 50c 414 cd 91 422 414 414
        8,609 words
      • Article, Illustration
        Lock icon Prices dip on negative rumours, forced selling
        1894 28  -  By R Sivanithy SINGAPORE The local bourse yesterday weakened for the fourth day this week, while Malaysian stocks fell victim to negative rumours surrounding Bank Negara's financial position and forced selling of second liners in the afternoon. Brokers said the disappointing results reported
        Charts by Bridge Info; Source: Bloomberg  -  1,894 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      167 17 NEWS VALUE UOB posts 24.9% profit jump, plans bonus, special dividend (pg 1) Dividend very attractive and should cushion any profit-taking. Manufacturing output growth slows to 3.5% (pg 1) February figures are expected to be better. Employee misappropriated $1.4 m at Hour Glass (pg I) Thinly traded counter. Expect slightly
      167 words
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      302 18 A land parcel in Woodlands Regional Centre for commercial development is for sale by public tender by the Housing Development Board (HDB), on behalf of the Government. DEVELOPMENT SITE FOR SALE DY TENDER Situated in the heart of ~/^7 Woodlands New Town, Woodlands PI is the /Sv' /Cf MARSIUN<r<?\_/g^ first
      302 words
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      Page 18 Advertisements Column 2
      91 18 A MOTIMG AIOUXCEK2."%'T They say it was going to be tight. But we would rather be together than apart. H From the 27th of March I 23 Peck Seah Street #01-108 Singapore 0207 H I Tel: 220 6233 Fax: 227 8466 B THAT'S RIGHTi AFTER ALMOST 4 MONTHS OF OPERATING
      91 words
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      219 19 Unfortunately, This Is What Most Secretaries See When They Type. v. HcmaT to QPP wh P{ unn 1 -inQ+Presenting Brother View Mode Typewriters. Now, you can see what you've just typed. AX 625: 80 AX 325: View character LCD Mode Auto AX 525: 16 paper Auto Out'correction Pkm. storage memory
      219 words
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      1952 20 lICUPSAI Clipsal Industries (Holdings) Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT OF UNAUDITED RESULTS AND DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 1994 The Board of Directors of Clipsal Industries (Holdings) Limited is pleased to announce the unaudited results of the Group and the Company for the year ended
      1,952 words
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      Page 21 Advertisements Column 1
      131 21 Get the answers and more from c° x x# neius/inK VCi Newslink's online database contains hundreds thousands of news articles, reports and company profiles dating as far back as 1989. These can be retrieved almost instantly by anyone with a personal computer with a modem from the comfort of their
      131 words
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      Page 21 Advertisements Column 2
      64 21 If you're in search of the quickest, most direct flights, look at Swissair before you leap. Together with Switzerland's efficient airports and their perfect connections to more than 60 destinations in Europe, we'll get you on your way with a minimum of delay. And from April, you'll find Swissair flies
      64 words
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      62 23 Financial News IKjul A Quick Look At The I Mfl I Market I Call 24 hours a day for I SES KLSE midday I I reports, world I I market reports business news. Cost: 30 cents a minute organ,sedby: INFlllline An SPH AudioTcx Service PORT SHOTS The latest in sea,
      62 words
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      Page 23 Advertisements Column 2
      20 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words
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      142 25 El Primero automatic chronograph movement. J ft* Above* B«yondP»« Ltd 1 Manlim*Square »2-101 E*poGateway Td 272*042 Cortina Watch C«i»tr»Pt« Ud»l- Rafflo City Shoppm# Centre Td 3W91R5. «)1-32 Lucky PU*a Td ******4 Deluxe Eaa»«n» Watch L»d *01-18/ tj e Vi JOCentrepointTH *****36 Jewellery Industries (S) fte Ltd 44 Alexandra Ttrrace JIS
      142 words
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      91 26 The Zenith Rainbow Collection El Primero automatic chronograph movement. I'DIP/ 1 jy on rr fl tct,n B sa Pf^ urt 8^ fit MannnvSquM«n Ml EnfoCMm) M TTMMi ClrtaaWiKkCMKriiMm' I L. J IWIM. «l II U«li, rto. T J DM* O.I«f-WmW»dl UHOI 11/ 1/ Z3S2M» t4AtoMndfiTmrr lis BMglOer«*rr»|»*ed)T* 'V m\\m t^tw».w«Armu«)i-wu(t
      91 words
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      281 28 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF MED DOWELL MARKETING (PTE) LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held at 460 North Bridge Road, #04-03, Singapore 0718 on the 18th
      281 words
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      Page 28 Advertisements Column 2
      346 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 IN THE MATTER OF TECHNOLOGY APPLICATIONS PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290<2)(b)) At an Extraordinary Ganeral Meeting of the Company held at 220 Orchard Road, #05-01 Midpoint Orchard, Singapore 0923 on
      346 words
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      Page 28 Advertisements Column 3
      416 28 UNITED INDUSTRIAL CORPORATION LTD (Incorporated in the Republic ot Singapore i LOST SHARE CERTIFICATE Application has been made to the Directors ol the abovenamed Company to issue duplicate share certificate m place ol the loiiomnng share certificate mrhich has been reported lost or destroyed No. ol sham Certificate No Nana
      416 words
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      Page 28 Advertisements Column 4
      658 28 BUSINESS TIMES NOTICES TOU,-PREK THI,. No. 1-80Q-741-1883 1AX.741-1298 M THE MATTER OF THE COMPAMES ACT, CHAPTER 50 AND MTHEMATTER Of GLOBEPAC INTERNATIONAL PTE LTD (MEMBERS- VOLUNTARY WINOtNGUP) NOTICE IS HEREBY GIVEN (hat the creators of the abovenamed Company, whch s Deng wound up voluntary, are required on or before 24
      658 words
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      Page 28 Advertisements Column 5
      267 28 NOTICE TO THE HOLDERS OF V> POKKA POKKA CORPORATION Yen 8,000,000,000 1 3/8 per cent Convertible Bonds Due 1998 (the "Bonds") Pursuant to Condition 12 of the Terms and Conditions of the Bonds, we hereby notify as follows: 1. The Board of Directors of Pokka Corporation resolved, on 14th March
      267 words
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      Page 28 Advertisements Column 6
      26 28 o o o Q o LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. SINGAPORE# nn Business Times wKK/tamAmi
      26 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Aussie stevedoring firm to spend A$200m on port facilities
      276 29  -  Half the amount to be pumped into Melbourne By Rahita Elias SINGAPORE Australian" stevedoring company Patrick will invest As2oo million (SS2O6 million) over the next three years. Chairman Christopher Corrigan, who was in Singapore yesterday, said the money would be spent
      Photo by Chris Loh  -  276 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1048 29 Page Col ABC Containerize 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Line 12 I •Ahrenkiel Liner 4 1/2 •ANL 3 4/5 Antaco Mgmt 17 3 •APL 18 1/2 •Appenship 4 4/5 Arabian Express 15 4 •ASCL 5 5 Astro
      1,048 words
    • Article
      Lock icon World tanker chartering up, rates steady to firm
      261 29 Reuter LONDON Wednesday saw an upturn in spot dirty tanker chartering in nearly all the major lifting sectors amid unchanged to higher rates. In the Mideast seven VLCCs (very large crude carriers) and one ULCC (ultra large crude carrier) were fixed for
      Reuter  -  261 words
    • Article
      Lock icon Cosco selling US$100m in commercial paper
      232 29 Reuter, Bloomberg Business News NEW YORK China Ocean Shipping Group Co will sell US$lOO million (S$ 141 million) in commercial paper, the third Chinese company in as many years to seek short-term financing in US debt market. The China Ocean group, known as Cosco,
      Reuter,; Bloomberg Business News  -  232 words
    • Article
      Lock icon Iran's troop build-up a threat to shipping: US
      103 29 AP ABU DHABI, United Arab Emirates Iran's deployment of 6,000 troops and chemical weapons near the Straits of Hormuz threatens shipping in the area, US Defence Secretary William Perry said on Wednesday. "It's a deployment of force beyond any reasonable defensive requirement
      AP  -  103 words
    • Article
      Clarification
      153 29 SINGAPORE An AFP report carried by Shipping Times on March IS, headlined "Third S'pore ship fined for polluting M'sian waters", said that Singapore "insisted recently that there was no evidence that the three tankers had caused oil pollution or dumped sludge in Malaysian waters". The Environment Ministry has clarified
      153 words
    • Article
      DAILY FREIGHTS
      1681 30 THE strength of the freight market in the south and north Atlantic is such that the news of fixtures is being suppressed as far as possible by charterers, shiphrokers say. Slightly easier conditions in ./■the Pacific have been more than by booming Atlantic rates •><Uid the Baltic Freight
      1,681 words
    • Article
      TRANSPORT DIARY
      380 30 COURSES Title: Graduate Diploma in Facilities Management Duration: Apr 4 Organiser Singapore Institute of Engineering Technologists Tel: For further details contact VIMC at 224-8343 or fax: 224-2448. Title: Shipping Law Disputes (SDF Case-by-Case Basis) Duration: Apr 5 May 17 Organiser Singapore National Shipping Association l ei: I or
      380 words
    • Article, Illustration
      Lock icon Sailing full steam towards information highway
      610 31  -  Getting the blueprints for future maritime communications onto the G7 summit agenda last month is being seen as a major achievement for the shipping industry. Andrew Guest reports Andrew Guest Lloyd's List ONE of the first blueprints of the maritime information superhighway was revealed
      Lloyd's List  -  610 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      12953 38 This is a list ol ships loading ai 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
      12,953 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        509 41 yeMtl Voy No Berth Arrival Pgattwe Vessel Voy No Berth Arrival Departure a iurong Port Mercurypeacl 06E P02 alongside 23 03/2200 «ana hya A 6/ 12 alongside 24 03/0500 Merub. 9504E P03 ,*>n«side 23 03/2200 w* 4 9504 17 alongside 24 03/0700 Mywila SNn 1/95 P01A alongside
        509 words
      • Article
        CONTAINER SCHEDULES
        1337 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Jj Record Booking/Balance Rslls Ship Voy No Etb/Btr Period From To From Vx Oaey 0638 25/1500 1A 23/1500 23/1659 23/1900 IB 23/1500 23/1659 23/1900 2A 23/1700 24/0659 24/0900 2B 23/1700 24/0659 24/0900
        1,337 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon US govt opposes further exemption of air fuel tax
        440 48 But airline officials warn that some carriers could go bankrupt if tax was imposed Reuter WASHINGTON The Clinton administration said on Wednesday it was opposed to any further exemption of a fuel tax on aviation, saying the industry could afford it
        Reuter  -  440 words
      • Article, Illustration
        Lock icon Strong arm of the law
        61 48 Reuter GLASGOW, Scotland A protester being hauled screaming away from the site of the Pollok Free State after a scuffle with police on Wednesday. The protesters are trying to block construction of the new M 77 motorway through Pollok, being built by Wimpey. Nine arrests
        Reuter  -  61 words
      • Article
        Lock icon Chrysler rejected use of stronger latches, claims ex-employee
        338 48 Reuter DETROIT Chrysler Corp rejected certain safety enhancements to its new 1996 minivans because it feared they would expose the car maker's older vans as defective, a fired Chrysler employee claims in a lawsuit. Paul Sheridan, a former product planner, alleges that
        Reuter  -  338 words
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        Lock icon Mesa Air expects profit to plunge due to falling revenue, higher costs
        423 48 Bloomberg Business News FARMINGTON, New Mexico Mesa Air Group said declining revenue and higher costs will sharply reduce earnings for the current quarter, and said it will not make any more quarterly earnings projections because it cannot forecast
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        Lock icon Jobless aerospace workers get grant for retraining
        176 48 Bloomberg Business News WASHINGTON The Clinton administration will give California US$lB million to retrain 5,000 jobless aerospace industry workers, the Labour Department announced. In addition, the administration said it would give US$57.B million in aid to Georgia and Florida to help them fix
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          Lock icon 5 Asian nations to discuss marine plan
          71 48 Bernama-PTI NEW DELHI A meeting of five South Asian countries India, Sri Lanka, Pakistan, Maldives and Bangladesh begins here today to adopt a draft action plan of the South Asian seas regional programme. The goal of the action plan is primarily to promote
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          Lock icon Submarine, cargo ship collide near HK
          83 48 Reuter HONGKONG The US submarine USS Drum and a cargo ship collided in Hongkong's busy waters last week, officials in the British colony said yesterday. A government spokeswoman said authorities were satisfied there was no leakage of radioactive material from the submarine. The submarine
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          Lock icon Aussie new vehicle registrations fall
          60 48 Reuter CANBERRA Australian new motor vehicle registrations fell a seasonally-adjusted 2.8 per cent in February from January to 53,249, the Australian Bureau of Statistics said. Most economists had expected a fall of about 0.1 per cent. Passenger vehicle registrations fell 3.5 per cent in February,
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          Lock icon A340 makes automatic landing in China
          64 48 Reuter BEIJING An Airbus A 340 airliner made an automatic landing in China using satellite navigation the first such landing by an Airbus plane outside France. A company spokesman said on Wednesday: "We have brought the A 340 to China to do demonstrations and
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          Lock icon China jails drivers who hit plane
          104 48 Reuter BEIJING China has jailed two airline workers in south-west Sichuan province for 14 and 15 years respectively after they got drunk and crashed an airport vehicle into a landing airliner, the China Daily said yesterday. »t said Sichuan Airline worker Xu Song was
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        Lock icon Planes diverted as quake hits NZ
        286 48 AP WELLINGTON Airplanes approaching runways were diverted from landing yesterday as an earthquake rattled most of New Zealand, but caused little damage. The quake had an initial reading of 5.9 but might prove to be higher, said chief seismologist Warwick Smith from the Institute
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1760 48 Oft nw ETA FW ETO_ Crtj FW TO FW ETP <U»| Dhabi GA970 2035 VN745 1430 VN744 1540 AdoiaMo QF81 1930 QF82 2050 Natyai TG407 2120 TG408 0820 SQ227 2230 MI895 2300 M1896 1920 Amsterdam KL837 1540 KL844 0115 Hohlwkl AY902 1850 AY903 2140 SQ323 1710
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        Lock icon Fokker to take 350m guilder charge in 1995
        269 48 Reuter AMSTERDAM Troubled aircraft maker Fokker NV said it would take a charge of 350 million guilders (*****.9 million) against restructuring costs in its 1995 figures. "The full charge of this 350 million guilders will be taken in 1995 results," Fokker spokesman
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      15 29 JUST DESERTS Legal discourses in digestible portions. The Law Page. Every Thursday. V Business Times
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      347 29 The Aft of making money is first having Craft "Ik SHIP FINANCING CALL US AT 2230 3 S 5 MARIN* IT WITN TOM QDIiS FINANCE I Hud Offio 112 Robinson Rood, DBS Financa Budding, Singapore 0106 I TRADE NOTICE I I REALIGNMENT OF DISCHARGE PORT I I BAHRAIN PORT SULTAN
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      1691 30 I OTHtRDBSTIHATIOHS I I MOfITW AMEffiC4~~l g—eaw <»«»««>* 6»uw^«xi^^iF«)«w«»Tc^ —i iSE |WT |rra* u| o* jra o*l Houston we it mi angy Iw|> u |_u |im« [ru* |«nu»wa |«cwi7 lmowbh qakuub vmcowct kattu iw»T~ ■n "5" a*3 33 itT" "S3 SS "ai iii SI" "ili 53 £22!!f£!!L T !!i mmn
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      35 30 .if 0 :-5 oo o 2 0 2 0 0 I BY EXAMPLE] For some of 5 the best examples of _i —i Good Management. Enterprise J Management. Every Monday. Singapore# m Business Times atmwitn
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      1026 31 2KI 11/4 13/4 AL MARIYAH CIIIW 3/4 17* I*4 17* I*4 11* I*4 I*4 21* AL MAMYAH CIIOW 3* 11* 28* AL MAMYAH CHOW I 3* *4 I 22/4 MA FUJA'A CIIIW 1M 24/4 22/4 24* 2*4 2V4 2*4 2*4 2*4 OA FUJA'A CIIIW 18* 2*4 27/4 CHA FUJA'A CIIIW
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      429 31 ANL ANL. IT'S AUSTRALIAN FOR SHIPPING I TO AUSTRALIA (EAST COAST! FROM AUSTRALIA (EAST COAST! vfttfUVOT *t no tor mi »yo mii iim hoi wskl/voy inc syo mi sua hoi *t sorl A 00**111 IX*4 1144 IM4 2114 24/14 A SOW* MM 12.13 KM IMS 18/03 2MS !WJ A JAYAKAATA
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      1571 32 Illf *i I il3 BWCI 3 [M 1H***** k■■lk I 3 l I :^PI^HHKUyAiUM3IB4UiM3kJLiML4iyAAMU^^^H AQABA R OAM/ LE VESSEL VOYNO SPORE JEDOAH (VIA JED) STOW H BURG AWERP HAVRE KIRISHIMA 23/3 12J* UM DRESOEN EXPRESS 21/311 2S/3 V 4 10/4 IS/4 15/4 19/4 FRANKFURT EXPRESS 78/112 3<y3 lfi/4 19/4 V7M
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      462 32 k IS pcxeP.Keiang Loading for TORO 25/3 30/3 RdrrVAtw/UK/Nantos I NANONAKUL 30/3 2/4 Rdm/Atw/UK/Narrtes I Loads E7W. Mateytsa. Indonesia I I Loading for SADAN KALKAVAN CXibai/DammafVKuwait I BUFFALO Jeddah/Aqaba/T npoli/Algeria I PAN RISER Dubat/DarnrrvarVKuwart/BahrarVDoha I 'Loads Singapore. EjW Malaysia, Indonesia I I Loading for BILL IE FAY Los Angelles/New Orleans/
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      1377 32 norastati VSL/VOY SIN ALO BCL VAL HAM BRE NORASIA MALTA V 9SII-3 2543 1344 1(44 1744 1644 1744 1044 IM4 i««4 29M NORASIA KIEL 0612-3 3143 2044 234-. 2444 2344 2444 2544 2644 2644 2iß I SL PRIDE 513W 0644 2544 2144 29/04 2644 2944 3044 0146 0146 02* I
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      1441 33 B STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Kappal Towers Sinfapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line (A service of china navigation co) ACCEPTS v^vsn CARGO OOC SAILS V96OK Mwra Lab KK 2SI27MW 23 Mar 29M« wxua. COWTMWCT AMP ■WAWULK vmnct to wwja new qu—a
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      2486 33 Singapore Agent: Kwl I I .Afl FQI tl P&O Containers (Singapore Agencies) Pte Ltd I" Hot hian)> Koad. #((7-01 Kippcl Tower*, Singapore 0208 First Class Connections WORLDWIDE ,"M» 3 pnocsp f.«: 225 5121/222 7517 EXPORT IMPORT VESSEL VOY ['PRO -PKO SIN SOU ANT WOT HAM OOT BRE LEM VESSEL VOY
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      523 33 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PHL PEN JOH SIN HKG KAO TAI KEE YOK THY MAC KO6 OSK WOJ BUS WAN HAI 203 MOM 2203 Og 2503 29-2703 3143 02.44 0404 05*4 1104 1W IM4 WAN HAI 211 *027 2M3 2703 29>C3 *****3 0444 0604 00*4 0944 1304 I&Q4 1604
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      500 34 wCfn- JOINT VENTURE WV SAMUDERA INDONESIA SIR RICKMERS win SINGAPORE CHINA 1 "OASA SEPUIUH VOY 04NB 13 APR QWGOAO GREEN ERA DRY DOCKING XINGANC f SHANGHAI INDUCEMENT CALL P.KELANG INDUCEMENT CALL HK. 1 P GUOANG. BELAWAN. TG MAM XIAMEN. HUANGPU r* ff* I UTAMA HARTA lif g WEEKLY FULL CONTAINERSHIP
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      1332 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 f0« VSI SIN I Lift HAUL Si A m ri»l ll* rH fSM ILK MM. SAV 18 NYC HANJIN HAMBURG 021E 30 3 DIRECT 20/4 21/4 U,4 HANNN «I«RAN 111 31/3 M KGBI 055E 4/5 5/5
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      62 34 SOON KIAT SHIPPING PTE LTD I 3 SHENTON WAT #20-05/06 SKNTOW HOUSE REGULAR SERVICE TO SARAWAK BRUNEI stok Sri Pujol 05/95 Bantutu/Mwi 27/03 Superior Glory 04/95 Port KcUn( 03/04 Maiu Voof Mm 05/95 Bmtulu/Mri 01/® 4 Rtcin«| cvgo it Pw pi M *c C(phßf fa m 4 mtm cwrtxwr ind
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      756 34 WE ARE RESUMING OUR SERVICE 1 I TO the CARIBBEAN SEAS. 1 I EFFECTIVE 26TH MARCH 1995 i M 9 DESTINATIONS:- CRISTOBAL, COLON FREE ZONE i PANAMA CITY, LA GUAIRA, i I CARTAGENA, CURACAO, I I PUERTO CABELLO, ST. JUAN, j l RIO HAINA, SANTO DOMINGO t I AND KINGSTON
      756 words
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      3224 35 MONTHLY fIH ajka SH. v mombasa I^Mfi_£S^fllMBL— S"HPOf« l G«n.r»/ A*»nf, Ttl (General): *****00 Silts. Booking: Agfncr Dtpt: CfKTIB (MlPPltir PTr ITfl r<> letMralj: ;MIIM Container: ********** Container Src B/L: *****02 Operation— C—t«*w«r: «**S7IS «p by*!!** sJ'T'l? "»t I'D r«V«x. 260J0 COSHIP Conventional: *****50 0,0. *****85 CggygWiMfc 4205 74« "i
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      746 35 (ft FAMOUS CONTAINER LINES —80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 29/03 ROTTERDAM 27/03 AARHUS/COPENHAGEN 29/03 HAMBURG/BREMEN 27/03 MARSEILLE/FRANCE ***** FELIXSTOWE/UK 27/03 BARCELONA/SPAIN 31/03 LEHAVRE/FRANCE 27/03 GENOA/ITALY 25/03 ANTWERP/BELGIUM 27/03 LOS ANGELES/WC/IPI 31/03 SYDNEY/MELBOURNE 28/03 NEW YORK/EC 31/03 FREMANTLE/ADELAIDE 28/03 VANCOUVER 28/03 BRISBANE 27/03 TORONTO/MONTREAL
      746 words
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      1201 36 t 1 u v i I r pill 111 II a VESSEL VOY SIN JKT 85 VESSEL VOY SIN PEN WANA BHUM 272S Fri In Pt Mon 27/3 fj OURU BHUM 5047 Fri lln PI Sat 2S/3 JJnJ VESSEL VOY SIN BKK BHATRA BHUM 748 Mon 27/3 Thu 30/3 j
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      946 36 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANG PENANG *SSEL VOY SIN PKL VESSEL I VOY Sfl ftt St* lAUREI 3/2W 23 3 JHIi 24/3 (FRli XOOS IAYA ftQig 24, 3 (FIB) 26/3 JuW) EAGIE BREE2E I%A 23 3 JHU) ft/3
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      1024 37 PACIFIC INTERNATIONAL LINES (PTE) LTD] I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I B mm fIHV CR NO **********0E I t T^p'' VESBCL VOY SIN CMB JIB HOD JED AO J AOC PZU MSW ASA L;' KOTA WUAVA WJAB3S 31/3 4/4 10/4 12/4 14/4 17/4 IS/S 22/5 IS/S
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      968 37 Ksstis wr ""yT -1 umm haaw»g Thames noTttnom amuwup Will DC NORMA WOtK 31/03 20/ X »/04 ?«/0< 25/0* M/ 04 Wilt 01 CARWA com 04/04 24. 04 26/04 21/04 30/04 01/0) W.LE D€ SAGITIA JOIN 13/04 03/05 05/05 07/05 00/04 09/05 Will O'AQUM AOIW 10/05 »/05 14/05 15/05 U/Q5
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      573 37 MYANMA \QBBk FIVE STAR LINE W (Myanmar National Line) Loadini for Yanfon (Rangoon) S pore P.KIf Pen P frd( TECHMAT PIONEER *3 hi Port A¥A ¥13?* ki fort MYOMArUA ¥155* 21/30 Mar MALATSIA ASEJITS SOUS TIM) SHTfW ACENCES mi ra q: 03 2417J00 nu m ttn-MHw PC* m. 02 04-2(1240?
      573 words
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      531 40 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E pSU ETHIOPIAN SHIPPING LINES |r T.;-r, iattooal Lines of mm) ACCEPTING FCL AND CONVENTIONAL Vmm« Voy ITA Loading For Spore AndtnM 38WB 16/04 Mombasa. Djibouti A—to, Massawa Abbay Wooz 43W8 18/05 Mombasa. Diibouti Assab. Massawa
      531 words
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      411 40 J■ I AFGHANISTAN MAM Afghanistan Ltd.. ■LJH Hairatan. Torghundi. Islamqala (Doqharun) ■wee* Ewl c.i.s./russia: A ma Ata. Ashkhabad. Baku. Dushanbe. I 0 Irkutsk. Khabarovsk. Krasnoyarsk. Korsakov. Moscow. Mllltzer Mlincn Novosobirsk. Sochi, Tashkent. Tbilisi. Vladivostok. Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang. Nampo express container service TO WEST COAST
      411 words
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      183 40 FOONG SUN SHIPPING (PTE) LTD WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0511 ■oowimviHQumm en no. iommmooow TEL: *****88 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FStHIP VESSEL VOY ETA ETO DESTINATION SUN RAY 5/95 27/3 29/3 PLAJU/PALEMBANG NEE DIAKI 5/95 29/3 30/3 PONTIANAK/SIMTETE WANUAKU 2/96 30/3 1/4 BENGKULU/PAOANG GULF DAOUO 4/95
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      395 40 PEN N 5 SAILINGS/WEEK J 24/3 25/3 26/3 HKG/BKK/KEE/KHH G'burt/C'hafen/S'holm/Oslo 26/3 27/3 28/3 28/3 29/3 30/3 HKG/BKK/KEE/KHH P*aeu* 21/3 22/3 23/3 J 31/3 1/4 2/4 HKG/BKK/KEE/KHH Idn/Flx/Rtm/Ant/Ham/leh 25/3 26/3 27/3 RECEIVING TO Genoa/Barcelona/Marseiles 29/3 30/3 31/3 24/3 25/3 26/3 SHANGHAI/DALIAN I JPN/KOREA/MANILA I "AWCN/BtIMG 22/3 23/3 24/3 AUSTRALIA/NEW ZEALAND 22/3
      395 words
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      385 41 i Ad SINO EXPRESS SHIPPING (PTE) LTD. V MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. I TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKG/SHAI 5 S'PORE HKQ SHAJ I VESSEL VOY ETA I ETD ETA I ETD ETA ETP LATMOS 927/928
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      976 41 MS—UUHL-EBttH—fit HA* 881 LSI 191 BO PT noafmca mi tin an wn nn hn wn un un an no octMuan un an an nn an nn LASfM nn an an* an- un un iih nn w Mnum tin tin nn nn nn nn *A nodcjmm jia an an an* nn
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      1611 42 ■QEBSSaBBa WHEN YOU HAVE TO DELIVER ON TIME COUNT ON US! Vmml Voy ETA ETO DESTINATIONS Nut WMk PANAMA Next 6TH STRING MC KMNEY M V 9504 ARTHUR M V 9506 CY 28/3 0900 HRS CY 29/3 1200 HRS ATL BAL CHS CLZ LGB MEM MIA NYC OAK PHI lOQ
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      783 42 MMloyd FUUjCONTAINERSERVICES D CMM COW Mo4«} 04 04 »04 71 04 NO4 01 Oil Nk| OUGTt MM MA4 10 04 04 OIK MM CM OIM MMI D »go»l torn 1»04 1104 «04 10 M 12 M 14 M IS Ml Li M I V 0 MTOtl HUH ii 04 24
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      808 42 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPO«£ P KELANG HALIFAX N YORK NORFOLK N ORLEANS SAVANNAH TAMPICO HOUSItN HOEGH DENE 0328 9/10 Apr 11/12 Apr 12 Ma. 15 May 18 May 24 May 23 May 30 May 4Am HOEGH CLIPPER 0228 20/21 Apr 22 Apr 30 May
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      568 43 WSVeverett orient line" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BttAKBUU SOC CARGO€S TO/fROM KOBE. TOKOHMU. NAGO*A, MO*. TOKYO*. MAN*.**. OAVAO*. Penanj* P. Kelanj Smjapote E'Msia* m KARABIVERETT V22E 04/05 May KAMALEVERETT V26E 07/08 May A VESSEL 29/30 May ACCEPTING BftEAKBUX FCI SOC CAAGOK TO, FROM CNTTAGONG. CALCUTTA m AND MONQ.A* Snjapore
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      228 43 Pi glory navigation groop REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM *A 1 ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 21/3 27/3 29/3 31/3 GLORY SELATAN X 22/3 28/3 30/3 1/4 SIN KAO GLORY SELATAN VIII 1/4 8/4 SINGAPORE ASEAN TO
      228 words
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      603 43 jhL PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE Vtsstl VOY SIN KARACHI aaow m-Hw iyo4 n/o* HVPUIABAD IMHW 19/04 29/0* SARGOOHA ISS-HW W/OS H/OS ISLAMABAD* 154 WW IV OS 24/05 «l MSO KCffTMC CaCMS 10 RM FAR EAST CONTAINER SERVICE ONLY KSStL SIN HKC BSN OST" WAG ToT"""
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      1028 43 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL VOY ETA SIN ETA MAA MV SEA GALLANT V GLTOI3 25 26/03 31-01,04 MV TIGER CAPE V OI7N 27 28/03 02 05 04 MV PRAVOINSK V. 15 27 28/03 02 03/04 MV TIGER ISLAND V 135N 30 01/04 05 09/04 MV BUNGA
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      1167 44 W FIXED k WEEKLY j pTel: j J} |gpi* ;261-0978 j f— MELBOURNE GP SHIPPING PTE LTD Call: Kenny/Mas/Peter WrfltT'rfrlO<OCHT<<OOMtfo'lOtM1 v frfl^r'"'rTX'Arun-'Vi'-iV. w w ■■■■■w.-............ M STAR SHIPPING AGENCIES (S) PTE LTD HGCNTS FOR: ZIM CONTAINER SERVICE GOLD STAR LINE LTD SETH SHIPPING CORPORATION i TELEPHONE: 220-6666 (8 LINES) FAX:
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      463 44 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 27 MARCH (Accepting to ail N«w Zealand porta) PENANG 31 MAR JAKARTA 26 MAR PORT KLANG 27 MAR BANGKOK 26 MAR HONGKONG 26 MAR MELBOURNE 30 MAR SYDNEY 30 MAR BRISBANE 30 MAR FREMANTLE 6 APR ADELAIDE 5 APR I GOTHENBURG 1
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      882 44 CONSOLIDATION TO LIMASSOL w KIRSI FORWARDER IN ACCEFriNG LCL CARGO AT ATTRACTIVE RATES Transhipment available to Beirut, Lattakia via Limassol Call Te at DID: 277 1064 (gj. \v\ for bookings NOW!!! >-/^rTsrl Singapore 5M 1668 272 98.18 "'""'5!^""°" Also has offices in:- AND LOGISTICS SERVICES C§ II MALAYSIA THAILAND PHILIPPINES
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      1913 45 SUNSHIP AGENCIES PTE LTD 20 McCallum Street *16-01/03 Asia Chambers Singapore 0106 tTel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R W. Y.S.N. Veeael Voy Hong Kong Singapore p. Ktlwa Peneng Chlrt Ot Chetofcee 48 Sailed Biil«d Sailed In Poet "'gel 11 In Port 2S-26/3 27-27/3 Slrlua 17
      1,913 words
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      Page 45 Advertisements Column 2
      388 45 CEYLON SHIPPING CORPN rK?) National Line of Sri Lanka CONTAINERISED SERVICE TO IK AND NORTH CONTINENTAL PORTS m |wt|w)ttolia|wMlnwiMM|Mp I g» wmtiw Slow 17/3 H/J 14 11/4 11/4 MP MHUH6 063* 11/ 3 »,3 ~~T~ ■OMjjA Will »ll 3 22/3 27/3 14,4 |< 4 17/4 MED HOW 6 KOH6 JLLJLI
      388 words
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      Page 45 Advertisements Column 3
      783 45 II 'OOCL HOPE 37W'ETA SGP 02/04/99 II II ETA RDM 18/04/95, FLX 20/04/95, l| D BRE 21/04/95, LEH 23/04/95 ll EXPORT LINttAPORI CALIFORNIA KXPIUM QCX) TO» UtWC CANADA j I Vi>>gL SGr I LOS j OAK VAN UT ATL 1 CCC WOO I MP* FU) TOM MOW I CALifOPNIA JUPITER
      783 words
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      1608 46 AMERICAN PRESIDENT LINES, LTD. 19 KEPPtL HO«D »02 01 JIT POH BUILDING SJhGAPOWE 0208 TEL 225-9966 Fa. 221-4923 TWICE WEEKLY TO FROM UK/NORTH CONTINENT EUROPE* FOR ENQUIRY/BOOKING CALL 225-1-225 TO NORTH AMERICA ft CANADA WEEKLY CONTAINERIZED 3ERVICE j«ty./WT»g Ikh I rut Ifa I mi sm Ittsgtwtm st« sn om> mh
      1,608 words
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      Page 46 Advertisements Column 2
      1736 46 Kt* vft AS AGENTS "K" LINE (SINGAPORE) PTE LTD (Cft NO: **********0*1, GST REG NO* M 2-*****99-6) U TEL: *****77 TELEX KAWAKI R*****5 FAX: *****16/7/8/9 I 1 U MALAYSIA "K" LINE MARITIME (MALAYSIA) SON RHD TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 1 INDONESIA P.T. SARANA
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      Page 46 Advertisements Column 3
      507 46 mm ISLAND LINE PTE LTD Subsidiary of Hal Sun Hup Group 200 CANTONMENT ROAD #02-11 SOUTHPOINT TEL: 32(4337 FAX: *****04 TLX: RS ***** RS ***** *SSSSB* INTRA-ASIA CONTAINER SERVICE WEEKLY SERVICE TO INDONESIA I VMItL l VOT I MM I JET I vor I am aun I 1 .SSCI3S 20/3
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      Page 47 Advertisements Column 1
      493 47 IA HYUNDAI I j hTiP,-_ WESTBOUND TO EUROPE BKG: *****61 TpNA fUii PGO vessels VOY sw rtm ant leh HAM I W£J~] FEL I 22/03 "24/03 25/oT" SI MARINER 315W ***** m 704 ***** ***** 16/04 16/04 ISToi 29/03 01/04 02/04 H. INNOVATOR 314*1 03/04 21/04 23/04 22/04 23/04 23/04
      493 words
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      Page 47 Advertisements Column 2
      422 47 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE ROM C/UMCR SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS El* lETN KSStL _VCY 9N P* LOfflHC FPU PAKARII SEMBRAN 253 27/3 SENBOKU ACE 1 24/3 IMMT* 20/3. SURARAYA 27/3 SURABAYA 21/] SHAN UP 27 25/3 BANGKOK 71/3 COSMC CHALLENGER
      422 words
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      Page 47 Advertisements Column 3
      645 47 JEDDAH/UK/CONTNENT 'I [SPORE |CD "DAM HBURt BMH S lON UN Abo Accpbn, C»f« F«r I WRIOTD KM* 3125 27/3 0/4 20'4 15/4 10/4 17/4 Southanptan t* 4UK dettaulm BHbst mt Out* I BUNG* PELANGI 1125 31/3 10/4 11/4 20/4 22/4 Rottcrtfan to d Antwerp Aimterdjm (Mi. HdsOu I WDLLOYD ASIA
      645 words
  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      325 47 |l|j VVtIJI }MMI 111 IMS TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 1.4 1.9 2.3 2.7 2.8 2.6 2.3 1.8 1.4 1.0 0.7 06 06 0.8
      325 words
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