The Business Times, 11 May 1995

Microfilm: NL19982
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE BusinessTimes WE KNOW ASIA MITA(P) 194/12/94 Thursday May 11 1995 85 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow down 11 points
      56 1 Reuter NEW YORK Stock prices were mixed yesterday over the US threat to impose sanctions on Japan. At 1 pm EDT, the Dow Jones industrial average was off 11.41 points at 4,379.37. In the broader market, advances led declines on active trading of more than 212
      Reuter  -  56 words
    • Article
      Lock icon EC seeks end to national vetoes
      52 1 AFP BRUSSELS The European Commission yesterday fired the first big shots in the battle over the future shape of the European Union with a call for a virtual end to national vetoes, a streamlining of deci-sion-making and an end to Britain's opt-out on social
      AFP  -  52 words
  • Article
    MARKET SUMMARY
    171 1 Stock market indices Wednesday Change STII closed KLSE Comp closed Nikkei 16,826.49 -131.73 Hang Seng 8,796.88 +222.80 SET Index 1,321.26 +0.68 Jakarta Comp closed Manila Comp 2,605.45 +8.37 Taipei WP1 5,765.42 -9.73 Seoul Comp 891.87 -11.14 Bombay BSE30 .3,187.51 -19.91' CLSA China B 730.12 -8.11 Aust All Ord
    171 words
  • Article
    Lock icon US long bond yield plunges to 13-month low of 6.88%
    692 1 NYT Bloomberg Business News NEW YORK Interest rates on long-term bonds in the United States have plunged below 7 per cent for the first time in 13 months as the economy slows. The yield on the 30-year Treasury first breached
    NYT; Bloomberg Business News  -  692 words
  • Article
    Listed Indonesian firms post record 48% earnings growth
    666 1  -  By William Chia SINGAPORE Reflecting Indonesia's buoyant economy, net earnings of Jakartalisted companies soared by a record 48.37 per cent to 6.46 trillion rupiah (Ss4 billion) last year. The manufacturing sector, the largest sector which accounted for 53.63 per cent of the
    666 words
  • Article
    ADB to consider adding good governance to loan terms
    442 1  -  From Florence Chong in SYDNEY AN AMERICAN initiative to make the public administration in borrowing countries more transparent will be considered by the Asian Development Bank later this month. Ambassador Linda Tsao Yang, the United States' executive director to ADB, told
    442 words
  • Article
    Lock icon 50,000 maids from Indian region
    205 1 Reuter SINGAPORE A foreign maid recruitment association said yesterday it expects to bring in more than 50,000 maids from the Indian subcontinent to beat Manila's ban on Filipinas going to Singapore to work as maids. Chua Kim Seng, president of the Foreign Maids Employment Agencies
    Reuter  -  205 words
  • Article
    US files WTO complaint, plans to slap sanctions against Japan
    411 1  -  From Leon Hadar in WASHINGTON THE Clinton administration announced yesterday that it was pursuing multilateral and unilateral means to deal with its trade dispute with Japan over cars and car parts. US Trade Representative Mickey Kantor said that Washington had
    411 words
  • Article
    Lock icon Settle dispute on your own, urges Ruggiero
    176 1 Reuter AFP GENEVA World Trade Organisation chicf Renato Ruggiero yesterday urged the US and Japan to try to settle their cartrade dispute themselves. The former Italian trade minister, who took up the post of WTO director-general on May 1, issued his appeal after
    Reuter; AFP  -  176 words
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      146 1 !^[.{@.".:,\["-\&<"`_,+"].;@}]* CONTENTS sSTtteast Asa 2 18.19,20 Regional News 3,4 Financial 21 World News 6.8 Features Analyse 17 Martrts Editorial 16 Regional 22 Sports 10.11 World 23 TV/Lrfestyte 15 Currencies 21 Innovation 12 Smw/Cormno 21 Sefescriptte* TH 1800-*****77 Fat *****75 BT NcwMtesk Tel *****18 Fax *****71 8 ill Venturing oneneost Finance
      146 words
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      18 1 Innovation: Pg 12 Cable TV for faster on-line links China cuts US$ portion of foreign reserves, Pg 24
      18 words
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      18 1 Hock Lock Siew: pg is Mobile One's marketing strategy Kuwait expected to repatriate 170 Filipino maids, Pg 2
      18 words
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      145 1 Bottom Line: Pg 24 India's BJP: anti-free Stansfield Professional Development presents Seminars in Organisational Behaviour Much energy is wasted in organisations which can be directed more positively in achieving its goals by turning destructive conflict into constructive conflict resolution and co-operation. These series of seminars are useful for HR Executives,
      145 words
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      13 1 MM lunettes Next IS recession at least 2 years away: economists, Pg 24
      13 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Marcos son alleges vote count fiddle
      117 2 AFP MANILA The son of the late Philippines dictator Ferdinand Marcos and a veteran coup plotter said yesterday there was a highly placed manipulation to discredit them in the vote count in this week's elections. Although the counting of votes from Monday's elections was
      AFP  -  117 words
    • Article
      Lock icon BII remains best Indon bank
      94 2 AFP JAKARTA Bank Internasional Indonesia (BII) was rated the best among the country's big banks in 1994 for the second year in a row by a report released yesterday. "In the last four years, 811 has proven itself as the most profitable bank, the May
      AFP  -  94 words
    • Article
      Lock icon Bangkok to use 'copters to ease jams
      111 2 AP BANGKOK Bangkok, which has some of the world's worst traffic jams, will start using helicopters to try and improve the flow and to airlift accident victims, a police official says. Police Gen Pochana Boonyachinda said a major cause of the city's traffic
      AP  -  111 words
    • Article
      Lock icon KL seeks law against sludge dumping
      123 2 AFP KUALA LUMPUR The Malaysian authorities yesterday called for an international law to check illegal dumping of sludge from ships after four oil slicks were detected in Malaysian waters in the past week. "There is an international legislation now regulating waste carried by ships
      AFP  -  123 words
    • Article
      Lock icon Too early to tell if Thai anti-inflation moves will work: analysts
      484 2 Reuter BANGKOK As inflation fears loom over Thailand's thriving economy, analysts say it is still too early to tell if recent government moves to quell inflation will work. Earlier this week, Thailand's Council of Economic Ministers approved a series
      Reuter  -  484 words
    • Article
      Lock icon China agrees to discuss code of conduct for Spratlys
      197 2 Reuter MANILA China has agreed to discuss with the Philippines a code of conduct covering the Spratly Islands to avert conflicts in the disputed South China Sea area, a senior official said. Manila told Beijing, however, it would prefer talks on
      Reuter  -  197 words
    • Article
      Lock icon Indon police deny cooking up ex-legislator's case
      284 2 Charges based on evidence, says police chief Reuter JAKARTA Indonesian police have denied allegations they made up charges against an ousted member of parliament accused of taking part in a protest against President Suharto in Germnay, the Antara news agency said yesterday. "The
      Reuter  -  284 words
    • Article
      Lock icon Kuwait expected to repatriate 170 Filipino maids
      408 2 Reuter KUWAIT The Philippines expects Kuwait will shortly fly home at its own expense 170 maids who have fled their employers, alleging abuse, a diplomat said yesterday. Philippines Ambassador Shulan Primavera said the two countries had reached agreement on the Kuwaiti-funded return of
      Reuter  -  408 words
    • Article
      Lock icon Vietnam seeks US$1b in farm, fish investment
      103 2 Reuter HANOI Vietnam made a pitch to foreign investors yesterday for more than US$l billion (SS 1.39 billion) by the year 2000 to build up farm, fish and forest industries. Boosting agriculture, which is still backward, was a vital part of the communist
      Reuter  -  103 words
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      295 2 M THE MATTER OF THE COMP AMES ACT, CAP.» AND M THE MATTER OF ■PS COMPUTER SYSTEMS PTE. LTD. (k MMMfl* Voluntary Li^MMofi) At an Exfraordinary General Heeling of MTS COMPUTER SYSTEMS PTE. LTD. duly convened and held on toe Mb day of my IM6 toe Mtowmg special reeofcikons were
      295 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China markets to come under strict scrutiny
      387 3 Analysts say corruption and insider trading cases will be main targets Reuter SHANGHAI China's top securities regulator has pledged regular and tougher supervision of the fledgling markets and to expose players involved in serious problems, official newspapers said yesterday. At a conference on
      Reuter  -  387 words
    • Article, Illustration
      Lock icon Li Peng reassures foreign investors of political, economic stability
      230 3 AFP BEIJING Premier Li Peng has sought to reassure foreign businessmen that China's political and economic situation is stable, while admitting that more needs to be done to reform the state sector, the press reported yesterday. Runaway growth in price rises
      AFP  -  230 words
    • Article
      Lock icon China fires city official for illegal use of car
      217 3 Reuter BEIJING China has dismissed Chen Butang, deputy mayor of Jining city in Shandong province in the east, for illegal use of a luxury stateowned car, the Xinhua news agency said yesterday. Chen, a member of the Communist Party, was also
      Reuter  -  217 words
    • CHINAWATCH
      • Article
        Lock icon British trade mission to visit Beijing
        76 3 Reuter BKIJING Britain's Trade Minister arrives in Beijing this weekend at the head of his country's biggest trade mission to China for the first cabinet-level visit in nearly two years, British diplomats said yesterday. Michael Heseltine. Secretary of State for Trade and Industry, will
        Reuter  -  76 words
      • Article, Illustration
        Lock icon Shanghai licks 'em for ice cream
        48 3 AFP SHANGHAI Two Shanghai women relishing their ice cream as they pass by a billboard advertising a popular ice cream here on Tuesday. In Shanghai the per capita consumption of ice cream is five litres compared to half a litre nationwide. AFP
        AFP  -  48 words
      • Article
        Lock icon Industrial zone planned in Taiwan
        52 3 Reuter TAIPEI Taiwan's unlisted Asia Pacific Investment Co is planning to invest NTS 180 billion (SS9.B billion) to develop an industrial zone off the island's south-west coast, the company said. The land is currently owned by the government and any development plan will need government
        Reuter  -  52 words
    • Article
      Lock icon Meeting between China, HK officials good for colony: Patten
      170 3 Reuter HONGKONG Governor Chris Patten yesterday said a meeting between China's head of Hongkong affairs and senior Hongkong officials would be the best assurance of a stable future for the British colony. The Chinese official, Lu Ping, refused to meet Mr
      Reuter  -  170 words
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      678 words
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      138 words
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  • ASIA
    • Article
      Businesses fear losing competitiveness in Asia
      534 4  -  Reactions to Australia's Federal Budget From Florence Chong in SYDNEY AUSTRALIA is in danger of losing its competitiveness in Asia following Tuesday night's Federal Budget, according to business groups. The financial markets have also reacted negatively, in spite of a forecast of a surplus
      534 words
    • Article
      Lock icon Maori demands for sovereignty put strains on racial ties in NZ
      276 4 AFP AUCKLAND Behind New Zealand's racial strains, which pit increasingly insistent native Maori against the majority white population, is a single word sovereignty. It was underlined last week during the Asian Development Bank conference here when Maori lawyer Annette
      AFP  -  276 words
    • Article, Illustration
      Lock icon Talks on N Korea's nuclear programme
      50 4 Reuter SEOUL South Korean nuclear ambassador Choi Dong Jin (centre) in talks with Japan's nuclear ambassador Tetsuya Endo (left) and US nuclear envoy Robert Gallucci at the Foreign Ministry yesterday. They were holding a meeting on the reshaping of North Korea's nuclear programme. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Seoul unveils strategy to boost capital goods industry, cut imports
      274 4 AFP SEOUL South Korea yesterday unveiled an intensive package designed to foster the domestic capital goods industry and cut surging import costs. The move was primarily aimed at easing South Korea's |jpavy reliance on foreign components and parts, which adds
      AFP  -  274 words
    • ASIANOTES
      • Article
        Lock icon Japan recovery still at risk: BOJ
        86 4 Bloomberg Business News TOKYO Japan's weak economic recovery still faces downside risk. Bank of Japan governor Yasuo Matsushita said yesterday. Speaking at a news conference, he said a smooth and rapid decline in market interest rates following last month's cut in the nation's discount
        Bloomberg Business News  -  86 words
      • Article
        Lock icon Pakistan textilers' future lies in quality
        98 4 Reuter FAISALABAD. Pakistan Pakistan's mainstay textile industry, hit by three poor cotton crops, is realising that the days of cheap cotton are over and the future lies in high-quality finished products. "Our textile industry was based on low cotton prices and not quality," said
        Reuter  -  98 words
      • Article
        Lock icon Aussie wine supply hit by drought
        123 4 AFP SYDNEY At a time of record success for Australian wine exports, drought has forced some of its major wine producers to import bargain basement wine from Europe and the United States to offset a shortage. But growers here say they fear the prices
        AFP  -  123 words
      • Article
        Lock icon Japan firms' machine tool orders soar
        115 4 AFP TOKYO Machine tool orders received by Japanese firms in the year to March jumped 22.6 per cent from a year earlier to 632 billion yen (SS 10.5 billion), an industry group said yesterday. The increase was the first in four years. Orders from
        AFP  -  115 words
    • Article
      Lock icon Suspicion over credit union bailout mounts
      139 4 AP AFP TOKYO In the latest event to cast suspicion on the public bailout of two Japanese credit unions, investigators yesterday raided companies related to tlje two former presidents, who are suspected of making illegal loans. The Bank of Japan-led rescue of the Tokyo
      AP; AFP  -  139 words
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      248 4 Editorial: A glossy Aussie budget, Pg 16 f V^V-: t 'if j f j v CYC celebrates rJlpi of perfect shirts Tailor-made for those who have it made. CYC is celebrating 60 years of excellent shirts. From April 27th to June 30th, you can have two custom-made white shirts for
      248 words
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      77 words
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  • THE WORLD
    • Article
      Lock icon Senate Republicans present balanced US budget plan
      388 6 Reuter WASHINGTON US SenateBudget Committee chairman Pete Domenici made good on Tuesday on a central Republican promise this yean presenting his committee with a proposed budget projected to reach balance by 2002. "The budget that we put before you presents hard choices and
      Reuter  -  388 words
    • Article, Illustration
      Lock icon Russia vows not to sell nuclear centrifuge to Iran: Clinton
      272 6 Reuter MOSCOW Russian President Boris Yeltsin yesterday pledged that Russia would not sell gas centrifuge systems to Iran which Washington says could permit it to enrich uranium and develop atomic bombs. US President Bill Clinton said. "I was deeply impressed
      Reuter  -  272 words
    • Article, Illustration
      Electronics industry set to rake in US$1 trillion by 2000
      396 6  -  By Michelle Low SINGAPORE The global electronics industry is on track to reap a staggering US$l trillion (551.39 trillion) in revenue by the year 2000. says US researcher Dataquest Inc. Dataquest said the industry chalked up a record 9 per
      396 words
    • WORLDWATCH
      • Article
        Lock icon French PM Balladur resigns
        108 6 AP PARIS Conservative Premier Edouard Balladur, who lost his bitter fight with Jacques Chirac for the presidency, submitted his resignation yesterday as Mr Chirac prepared to assume power next week. A routine step in the transition, Mr Balladur presented a letter to outgoing President Francois Mitterrand
        AP  -  108 words
      • Article, Illustration
        Lock icon Picasso work fetches US$29m
        77 6 Reuter UPI NEW YORK Pablo Picasso's Angel Fernandez de Soto was sold to an unidentified buyer for US$29.l million (5540.4 million) at a Sotheby's Impressionist auction here on Tuesday the highest price paid for a painting at an auction in five years. The 1903 Blue period
        Reuter; UPI  -  77 words
      • Article
        Lock icon US seen losing Iran sanctions war
        126 6 AFP JAKARTA A former Opec chairman has predicted the United States will lose its sanctions war against Iran, as US firms buying Iranian oil will swiftly be replaced by European rivals. "Iran will shift its oil market to Europe and the role of American
        AFP  -  126 words
      • Article
        Lock icon EU may lift Japanese seafood ban
        66 6 Reuter TOKYO The European Union (EU) may lift its ban on imports of Japanese seafood after Tokyo agreed to strengthen its hygiene standards, a Japanese Agriculture Ministry official said yesterday. Japan agreed in bilateral talks that its Health and Welfare Ministry will step up
        Reuter  -  66 words
    • Article
      Lock icon Pound won't dictate policy, priority low inflation: Clarke
      201 6 Reuter LONDON Britain's finance minister Kenneth Clarke said yesterday his goal of low inflation should bring long-term ex-changc-rate stability. He added that he would not change policy to rcact to the falling pound. "What happens to the pound in the very turbulent
      Reuter  -  201 words
    • Article, Illustration
      Lock icon Senate okays limits on faulty goods awards, rejects litigation overhaul
      447 8 Los Angeles Times-Wash-ington Post WASHINGTON The US Senate has for the first time approved a limit on jury awards in lawsuits over faulty products, after rejecting a broad overhaul of the US civil litigation system approved by the House. By
      Los Angeles Times-Washington Post  -  447 words
    • Article
      Lock icon House Banking Committee passes bank, brokerage link-up bill
      251 8 Reuter WASHINGTON The House Banking Committee on Tuesday passed a bill that would allow banks to link up with brokerage firms, but stopped short of including insurance companies in the lineup. The panel voted 29-8 to approve legislation that would break down
      Reuter  -  251 words
    • Article
      Lock icon AT&T says plans give Deutsche Telekom unfair advantage
      367 8 German telecoms deregulation NYT Bloomberg Business News FRANKFURT Germany's latest proposals on freeing up its telecommunications market in 1998 will delay deregulation and guarantee Deutsche Telekom AG an unfair competitive advantage, says its rival, AT&T Corp. While the deregulation would do much
      NYT; Bloomberg Business News  -  367 words
    • Article
      Lock icon Top Russian official linked to plutonium haul: report
      211 8 AFP BONN German authorities have information implicating Russia's deputy atomic minister in a seizure of weaponsgrade plutonium in Munich last August, according to a press report on Tuesday. The report, to be published in the German magazine Stern today, was leaked the
      AFP  -  211 words
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      1572 8 BUSINESS TIME S TOLL-FREE TEL. No. 1-BQO-741-1883 FAX 741-1298 NOTICE NOTICE IS HEREBY GIVEN that, I YAP PAK HEE of 7 Bright Hill Drive, #09-02, Singapore 2057, have applied for a First Class Beer House Licence in respect of premises at M/s Old China Town at 4 Craig Road, Singapore
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      17 8 mm m See Sunday a Sunday Classified special on antiques, collectors' items, and arts crafts i J
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  • SPORTS
    • Article, Illustration
      Lock icon Conner reels under Black Magic spell
      465 10 America's Cup AP Reuter SAN DIEGO No one has ever put a US defender in as big a hole as Team New Zealand has Dennis Conner three races into the America's Cup. Black Magic I continued to cast its awesome spell over the best-known
      AP; Reuter  -  465 words
    • SPORTSHORTS
      • Article, Illustration
        Lock icon American Football
        137 10 UPI NEW YORK Joe Montana, who announced his retirement from American football last month, is moving on to TV. The AW York Post says thai NBCS hiring of Montana as a sports commentator will be announced when network affiliates meet on May 20 in Maui and Montana will
        UPI  -  137 words
      • Article, Illustration
        Lock icon Boxing
        99 10 AFP FRESNO, C alifornia Perhaps a man who spent three years in prison for rape is not the best person to speak at a US Mother's Day dinner to benefit homeless women even if he is former ehampion Mike Tyson. Several groups here are protesting against a scheduled appearance
        AFP  -  99 words
      • Article, Illustration
        Lock icon Cycling
        112 10 AFP WAUKESHA, Wisconsin US cyclist Lance Armstrong, who won the Tour DuPont on Sunday, will race in three more US events before returning to Europe for the Tour de France. Motorola team general manager Jim Ochowicz said. Armstrong will next compete in Atlanta and also race in events May
        AFP  -  112 words
      • Article, Illustration
        Lock icon Golf
        101 10 AFP GIASGOW Ben Crenshaw, the two time US Masters champion, confirmed on Tuesday that he will play in this year's Scottish Open championship at Carnoustie from July 11-15. The 43-vear-old Texan will be making his first visit to the Links on a course which has proved a fruitful one
        AFP  -  101 words
      • Article, Illustration
        Lock icon Olympics
        102 10 Reuter SYDNEY An influential Australian aboriginal group threatened on Tuesday to withdraw support for the 2000 Sydney Olympics if a senior sports official refuses to resign over a racial joke he is alleged to have told. Several sports administrators have said that Arthur Tunstall. chairman of the country's Commonwealth
        Reuter  -  102 words
      • Article, Illustration
        Lock icon Rugby
        89 10 Reuter LONDON Bill Bishop. England's next rugby supremo, on Tuesday promised that players would soon be financially rewarded. Bishop takes over as president of England's Rugby Football Union in July in succession to Dennis Easby. the man who axed captain Will Calling on Saturday then reinstated him two days
        Reuter  -  89 words
      • Article, Illustration
        Lock icon Tennis
        110 10 AP RO.MK Top-seeded Arantxa Sanchez Vicario dropped a set to a qualifier Tuesday before finding her game to reach the third round of the US$BOO,OOO Italian Open. She won 6-7 (4-7), 6-2. 6-2 against Virginia Ruano Pascual. a fellow Spaniard whom Sanchez Vicario had not faced before, in 2
        AP  -  110 words
    • Article
      Lock icon Knicks reclaim home court from Indiana Pacers
      527 11  -  By George Vecsey NYT NEW YORK You can't do that twice. That's what the New York Knicks said on Tuesday night. They did not say it with words. They said it with a 25-4 run that was nothing short of shocking as they
      NYT  -  527 words
    • Article, Illustration
      Lock icon Dreary day at German Open spells gloom for Becker
      492 11 AP HAMBURG It was a cool and dreary day at the USS 1.795 million (552.5 million) German Open tennis tournament in Hamburg on Tuesday, especially for world No 3 Boris Becker. After losing in the clay court final at Monte Carlo
      AP  -  492 words
  • Page 10 Advertisements
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      335 10 OINT-VENTURES I N INDONESIA Top Legal Panel from Jakarta: How to Establish, Richard Cornwallis, Legal Consultant Makarim <£ Taira Operate Manage P.D.D. Dermawan, Legal Consultant It Dermawan <S Co SUCCCSSfUI J VS Drs Firdaus Asikin, Partner Drs Siddharta <& Siddharta (Coopers <S Lybrand) Vital briefing Covering the latest Gary Christian,
      335 words
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      1036 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX74I-1298 v~a —r SING INVESTMENTS FINANCE LIMITED NOTICE OF ANNUAL GENERAL MEETING TO ALL SHAREHOLDERS NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sing Investments Finance Limited will be held at 96 Robinson Road #02-00. SIF Building, Singapore 0106 on Saturday, 3rd
      1,036 words
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  • INNOVATION & TECHNOLOGY
    • INTAKES
      • Article
        Find out about mechatronics
        64 12 SINGAPORE Ngee Ann Polytechnic's Mechanical Engineering department is holding a half-day seminar, Mechatronics Essential Technology for 2000 and Beyond, on May 27. Dr K K Selke of the University of Hull will give the keynote address. Other speakere include experts from industry and tertiary institutions. The
        64 words
      • Article, Illustration
        Image stabiliser for binoculars
        78 12 SINGAPORE Japanese firm Canon says its first binoculars in 34 years, the 12x3615, is the world's first to have a built-in, optical image stabiliser. When image shaking occurs as when the user is in a moving vehicle a vibration sensor sends a signal to a built-in
        78 words
    • Article
      Market for chemical mechanical polishing equipment soars 61%
      221 12  -  By Claire Leow THE MARKET for chemical mechanical polishing (CMP) equipment grew by 61 per cent last year to US$B4.l million (Ssl 16.89 million), said trade association Semiconductor Equipment and Materials International (Semi)in a recent report. Semi said this was US$l4 million
      221 words
    • Article, Illustration
      Lock icon Cable TV could be the answer to faster on-line links
      700 12  -  But it will take time before the technology becomes widely affordable, writes Elizabeth Corcoran Elizabeth Corcoran AP People who sing the joys of trading pictures and sounds across computer networks often leave out one inconvenient fact: it can take the
      AP  -  700 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      55 12 W'ORl I)\\ ID! AT'' J Sii The Heart of Asia. Mandarin Oriental, Manila club floors. A. sanctuary from the wi Wife. MANDARIN ORIENTAL MANILA SM Singapore Reservations: 33Q 0033 Sales 33Q SSII one if Mandarin Oriental: Makati Avenue, Makati 1220, Metro Manila, Philippines Telephone: (2) 810 3001 Facsimile: (2) SI
      55 words
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  • THE LAW PAGE
    • Article, Illustration
      Lock icon US bosses face employee privacy issue
      728 13  -  Rick Raber looks at whether it's legal to eavesdrop on workers' voice mail messages Rick Raber Bloomberg Business News WHEN McDonald's Corp restaurant manager Michael HufTcut decided to carry on a love affair with a co-worker, he knew he had to worry about his
      Bloomberg Business News  -  728 words
    • Article, Illustration
      Euromoney to hold workshop
      366 13  -  AT THE- 5^ By Chew Farn Chyi EUROMONEY'S legal training workshops tend to be topical and informative affairs. And the one that will take place at Hongkong's Kowloon Shangri-La from July 5 to 7 will be no exception. The workshop, being run by the magazine in
      366 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      275 13 Financial News IKjl| A Quick Look At The Mfl I Market I Call 24 hours a day for *I SES KLSE midday I I reports, I I market reports and business news. Cost: 30 cents a minute Organised by: An SPH AudioTex Service UNIVERSITY OF MASTER of BuswESSADtowisrßAnow Macarthur IVIBA
      275 words
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      Page 13 Advertisements Column 2
      416 13 UOBHR9S C GO I P® REGIONAL P 8 p™ WITH Lssl I B iSOUTH KOREA 1 p" YOUR CPF Lj P® SAVINGS. 1,, Invest in the 1 I United Basic Regional Fund 1 ■JfMMM or the United Enhanced 1 ptyWAPftNES mmmSEmm Regional Fund. We're United With its boomin# economies consistently
      416 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1096 14 ,mm>\ NO- 1 if! thO^USAl 0 WHERE TO WINE, DINE AND entertain J|& t> <i -%^B| ■JP Mother's Day Special May Make it a perfect Mother s Day at Plaza Hotel. Special Mother's Day Buffet Lunch and Dinner at Cafe Plaza: $19 (Adult) $12 (Child) Mother s Day Set Menus
      1,096 words
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      Page 14 Advertisements Column 2
      339 14 Celebrating Fish L«t's drink to fish. Bouillabaisse or Tom Yam? Top of the m celebrates fish with a lunch buffet of every imaginable fish recipe. Salmon, sole. Iqd snapper, sea bass... if it can be caught, it can be ofme cooked. And we know all the delicious wags, {Tj Continental
      339 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Shanghai cinemas fall out of favour
      428 15 Development, entertainment choices cited as reasons AFP ONCE called the Hollywood of the east, Shanghai is seeing cinema halls close because of urban development and the greater entertainment choices available to Chinese moviegoers. In the past two years alone, 13 cinemas have either been
      AFP  -  428 words
    • Article, Illustration
      Lock icon Stars who sparkle
      302 15 Survey lists most bankable actors UPI WHICH stars have the power to make things happen in Hollywood? The Hollywood Reporter's annual Star Power survey, released on Tuesday, puts Tom Cruise, Harrison Ford, Mel Gibson, Tom Hanks, Arnold Schwarzenegger, Clint Eastwood, Jim Carrey and Kevin Costner on its
      UPI  -  302 words
    • Article
      Lock icon Thumbs up for Stoppard and McNally
      312 15 CHATTERBOX UPI AP AP UPI UPI THE New York Drama Critics Circle on Tuesday voted Tom Stoppard's Arcadia the year's best new play, and Terrence McNally's Love! Valour! Compassion! best new American play. The critics group voted to give no award for best musical,
      UPI; AP  -  312 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      453 15 WHERE TO WINE, DINE AND ENTERTAIN fl) M Mil 14 MAY '95: CAFE ALADDIN (LEVEL 3) HI TEA FASHION SHOW 18.00 (ADULT) 12.00 (CHILD) 12.00 (ADULT) (12 NOON TO 3PM) $8.00 (CHILD) (3PM TO 6PM) GALAXY POOLSIDE (LEVEL 5). STEAMBOAT/BBQ BUFFET DINNER $18.00 (ADULT) $12.00 (CHILD) (6PM TO 10 30PM)
      453 words
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      Page 15 Advertisements Column 2
      27 15 ot fun Zone Pto Lie) BOOK NOW (or the KTV Rooms special promotion (For reservation please call *****36) Swimwear Fashion Show Tonight! Singapore 1130 Tel 356 1136
      27 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1077 15 1 TV RADIO Three might Eddie Deezen, Conway try ny dyDays Heaven, 9pm, TV Terrence Malick's mood V *j/£* featuring Richard Gere, V m Brooke Adams. Sam and Oscar-winning cinematoggo to farmby a The HM story is W beautiful Wheels WL 10pm, Cta in a back garden there The owners
      1,077 words
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  • Article
    A glossy Aussie budget
    553 16 EDITORIAL AUSTRALIAN Treasurer Ralph Willis put a nice gloss on the state of his country's economy when he presented his budget proposals for the next financial year on Tuesday. He announced a coming budget surplus As7lB million in the year to June 1996. This compares with
    553 words
  • WHAT THE OTHERS SAY
    • Article
      Plenty for new man in Elysee
      316 16 JACQUES CHIRAC, to his credit, was not being theatrical when he described the French nation as being fearful and disenchanted. He means to create jobs while cutting payroll and income taxes, and has an incentive package to induce industry to hire unemployed people. Business
      316 words
    • Article
      Making sacrifices
      146 16 MUSLIMS worldwide celebrate Hari Raya Haji, also known as Hari Raya Korban (Sacrifice) today. It symbolises the willingness to sacrifice something that one loves to be good Muslims. The word sacrifice can mean many things. In Singapore, it can translate into the willingness of Muslims to make sacrifices
      146 words
    • Article
      Time for retrospection
      155 16 AS A political leader without real power, Japanese Prime Minister Tomiichi Murayama was unable to make any concrete promises apart from saying that the country had engaged in "deep introspection" for its past aggression during his recent China visit. This has no doubt made ordinary people feel
      155 words
    • Article
      WTO's massive task
      144 16 BASED on the quantity and complexity of the complaints that members of the World Trade Organisation have lodged against one another in just the first four months since the organisation came into being, there will undoubtedly be a huge backlog of cases and long delays in processing
      144 words
    • Article
      Keep confidence buoyant
      177 16 AMONG the less admirable characteristics of Hongkong is a tendency to look on the gloomy side of life. The recent survey by the Association for Democracy and People's Livelihood is a case in point. Confidence is plunging, according to the findings. People are worried about rising unemployment,
      177 words
    • Article
      More deregulation needed
      135 16 THE NEW WAVE of increases in bank deposit rates over the last few days is not surprising at all, especially after the central bank raised the discount rate on its short-term securities by half a percentage point on Friday. That, we think, reflects in part the market's
      135 words
  • Article, Illustration
    Enter Tafta, son of Nafta
    765 16 Supporters of a transatlantic free trade agreement are growing on both sides. But turning talk into action won't be easy and some advise caution SINCE the end of the cold war, policy heavies in Europe and the United States have been searching for a way
    765 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      104 16 MB PCI LIMITED I (Incorporated in the Republic of Singapore) 322 Jalan Ahmad Ibrahim, Singapore 2262 B Tel: 265 8181 Fax: (65) 264 1731/264 1739 I I Date: 11 May 1995 i Admission I of I I the entire issued share capital of the Company I comprising 171,820,000 ordinary shares
      104 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      66 16 f iiiuprr ft Quesiiofj) SOIL thgsp lilv lOHiTe] /W.6fc\STou) DoSouX v \HPvNpS p y |evfcg DOjWMggegJ DOONESBURY GARRY TRUDEAU TO BE HONEST, 3D, THE SYMPTOMS ARB HU6EIX PEOPIE ASSUME- TH£f& BttN6 f*" UEMAYN&tXHNPA WVEPANPCOUU?HAVE- LEPTO IF HEPOhtTPOSOME WUV LIKE MB OOPS 1 UWFYIN6 7HECRV MULTIPLE CAUSES. THE CJfECIOLE,LAP6E-SCALE SMRE6 TDBEUEVE
      66 words
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  • ANALYSIS
    • Article, Illustration
      Favourable ruling reflects power of Murdoch
      1529 17  -  Media tycoon Rupert Murdoch won again when US regulators found he didn't lie to buy Fox TV network. Leon Hadar reports Leon Hadar The writer is BJ's Washington Correspondent WASHINGTON'S top communication regulators handed a major victory to Rupert Murdoch last Thursday. They rejected
      1,529 words
    • Article
      Real growth is below what China's official figures let on
      1062 17 State economists advise loosening credit but that would be a mistake as it could transform the potential for stagflation into reality BREAKNECK growth in industrial output has been the hallmark of China's economic boom since 1989. According to official data,
      1,062 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      25 17 E These articles w ere reprinted from the April 17 issue of Business China, a fortnightly management report by The Economist Intelligence Unit (Asia) Ltd
      25 words
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      Page 17 Advertisements Column 2
      395 17 BUSINESS TIMES 101 1.-1- l< J-: II:I. No. 1-BQO-741-1883 lAX7AI-1298 Will/ Jardine Matheson Annual General Meeting and Special General Meeting The Annual General Meeting of the members of Jardine Matheson Holdings Limited will be held at 10.00 a.m. on Tuesday, 6th June 1995, at the Princess Hotel, 76 Pitts Bay
      395 words
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  • COMPANIES & MARKETS
    • Article
      SUTL Corporation gearing up for listing next year
      419 18  -  By Jenny Lam SINGAPORE Homegrown SUTL Corporation is preparing for a listing, likely to take place next year. Industry sources also said that the company, which changed its name from Singapura United Tobacco Pte Ltd to SUTL Corp last year, has appointed
      419 words
    • Article, Illustration
      Lock icon MHS has manufacturing plans for newly acquired subsidiary Airod
      506 18 NST KUALA LUMPUR Malaysian Helicopter Services Bhd (MHS) has big plans in store for its newly acquired aerospace subsidiary Airod Sdn Bhd, which may include manufacturing aircraft components. MHS chairman Saw Huat Lye said on Tuesday the purchase of Airod provided
      NST  -  506 words
    • Article
      Kuok firm ties up with Mamee for Manila food venture
      211 18 SINGAPORE Kuok Philippine Properties Inc (KPPI) is tying up with Malaysian leading snacks and instant noodlemaker Mamee-Double Decker Bhd to process and market its products for the Philippine market. For the Kuok family-con-trolled property firm, the venture heralds its diversification
      211 words
    • Article
      Lock icon Sapura testing PCN system, sees start-up in third qtr
      158 18 NST KUALA LUMPUR Sapura Holdings Sdn Bhd has begun pilot testing its personal communication network (PCN) and hopes to have the system up and running in the third quarter of this year. In a statement on Tuesday, Sapura Holdings' group man-
      NST  -  158 words
    • Article
      MobileOne's marketing strategy pivotal to penetration of cellular phone market
      657 18  -  HOCK LOCK SIEW By Genevieve Cua SINGAPORE Mobile One Asia, the consortium that has clinched the hotlycontested second cellular licence, has a tough job ahead, despite the rosy prognosis on the mobile communications market in Singapore. The cellular market here
      657 words
    • Article, Illustration
      Telecom deals boost Teledata's profile
      386 18  -  Successful bids help telecommunications supplier gain foothold in region By Claire Leow SINGAPORE Teledata (Singapore) Limited has attributed last year's growth to winning important tenders from Singapore Telecom, which gave it credibility in bidding for regional contracts, its annual report said. "These successes provide Teledata
      386 words
    • COMPANIES
      • Article
        Lock icon Ayala property arm's 1st qtr profit up 120% to 982m pesos
        451 19 AFP MANILA The flagship real estate firm of the prominent Ayala Corp announced yesterday a 120 per cent rise to 982 million pesos (5552.6 million) in its net profits for the first quarter of 1995. Ayala Land Inc (ALI)
        AFP  -  451 words
      • Article
        Lock icon Citizen's profit dives 36% as stronger yen stalls recovery
        306 19 AFP TOKYO Japan's Citizen Watch Co Ltd said yesterday its pre-tax profit dived 36 per cent from a year earlier to 6.7 billion yen (S$ 111.6 million) in the year to March as the economy stalled with the stronger yen. The
        AFP  -  306 words
      • Article
        General Finance and Securities suffers profit plunge
        318 19  -  From Loh Hui Yin in BANGKOK IN line with the handful of Thai finance and stockbroking firms which have released their first quarter results so far. General Finance and Securities (GFS) has reported a slump in its net profit. For the first three
        318 words
      • Article, Illustration
        Lock icon Fairfax posts 37% rise in profit, but warns of higher newsprint costs
        481 19 Reuter SYDNEY Australia's oldest newspaper publisher, John Fairfax Holdings Ltd, reported a big jump in nine-month operating profit yesterday but said high newsprint prices would affect earnings in the 1995/96 year. Fairfax, controlled by The Telegraph pic of
        Reuter  -  481 words
      • Article
        Lock icon Wing On Holdings profit trebles to HK$1.5b, boosted by property sales
        420 19 Bloomberg Business News HONGKONG Investment and retail company Wing On Holdings Ltd said its net profit nearly trebled to HKSI.S billion (SS27O million) in the year ended Dec 31, up from HK5531.3 million the year before. The jump in
        Bloomberg Business News  -  420 words
      • Article
        Lock icon Carter Holt Harvey posts NZ$445m profit, looks abroad
        407 20 Reuter AUCKLAND Carter Holt Harvey (CHH). acquired last month by US giant International Paper, yesterday announced a record NZ$445 million (SS4I9 million) net profit for the year to March 31 and set its sights on expanding overseas. The pulp, paper and forestry
        Reuter  -  407 words
      • Article
        Lock icon Germany's top three bourses to merge
        460 20 Move paves way to unite financial markets for more global clout FT FRANKFURT Germany's three leading stock exchanges, led by Frankfurt, have announced surprise plans to merge as a step towards unifying the country's scattered financial markets and enhancing their international status. It could
        FT  -  460 words
    • COMMODITIES & FUTURES
      • Article
        Thailand lifts offshore banking scheme lending minimum
        486 21  -  From Loh Hui Yin in BANGKOK THAILAND is consolidating its position as a regional financial centre two years after launching its offshore banking scheme. To encourage more wholesale banking, the central bank is quadrupling from US$5OO,OOO (*****,000) to US$2 million the minimum that
        486 words
      • Article, Illustration
        Lock icon Grim time for Pakistan's cotton ginners
        40 21 Reuter FAISALABAD, Pakistan Cotton ginners in the Faisalabad district of Pakistan's Punjab province are seeking government help after three poor crops which forced the closure of nearly half of the 1,300 ginning factories. Renter
        Reuter  -  40 words
      • Article
        Lock icon Aussie govt timing of bank sale surprises top brass
        309 21 Reuter SYDNEY Australia's statecontrolled Commonwealth Bank said yesterday the government's decision to sell its stake ended an era, but the end was so abrupt that not even bank management had prior knowledge of the decision. Managing director David Murray welcomed Tuesday
        Reuter  -  309 words
      • Article
        Lock icon Eurodollars sharply higher at finish
        335 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures closed sharply higher while Euroyen futures were littled changed in listless trade, dealers said. They saw active buying in Eurodollar futures over gains in the IMM market. Some dealers predicted a firm tone to continue, while some expected
        Reuter  -  335 words
      • Article
        Tokyo rubber mixed in technical trade
        283 21 COMMODITY REPORTS Rubber TOKYO: Rubber futures closed mixed amid light technical trade by local investors, traders said. Prices ranged from 0.4 yen per kg lower to 1.1 yen higher, with benchmark October up 1.1 yen at 142.8. Individual investors conducted technical buying in early
        283 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Problems facing China gold industry
          87 21 HONGKONG A lack of investment is slowing development of China's gold industry as the troubled sector attempts to increase production and stop illegal mining, the official China Business Times reported yesterday. The government had targeted fixed asset investment in the gold industry of eight billion
          87 words
        • Article
          Japan using more sugar substitutes
          96 21 TOKYO The US dollar's sharp drop against the yen over the past few months is raising concerns here of an even bigger increase in Japanese imports of sugar substitutes this year. Japanese trade and industry sources say the stronger yen will serve as an incentive
          96 words
        • Article
          Hino to use US parts for trucks
          55 21 TOKYO Hino Motors. Japan's largest tnick manufacturer, will begin importing aluminium parts made in the US this year, the first such imports for any Japanese truck maker. If these parts prove acceptable to large-scale production. Hino will begin importing aluminium parts for use
          55 words
        • Article
          Aluminium smelters increasing output
          67 21 TOKYO Foreign aluminium smelters with Japanese interests are planning to or already have increase production to take advantage of higher world prices. Japan has almost no domestic aluminium production, but of nine overseas aluminium smelters with Japanese partners, only one a partnership including Alcoa of Australia
          67 words
    • Article
      COMMODITY PRICES
      1345 21 Porla May 8 Crade palm oil M$/lonnc Month North South Central E Cowl Average May 95 *****0 1396.00 1394.50 1395.50 Jun 95 1330.00 1330.00 1330.00 Palm kernel ex-mill M$/tonnc Month North South Central E Coast Average May 95 608 50 620.00 605.00 610.00 j„n 95 625.00 625 00
      1,345 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        955 22 -20.6 SHARES fell yesterday as investors shunned the bourse following disappointment over the government's 1995-96 budget. The All Ordinaries Index fell 20.6 points to 2,056.9. The All Industrials dropped 13.7 to 3,081.6 and the All Resources slumped 27.1 to 1,282.8. Turnover was 170.7 million shares worth A 5552.2 million.
        955 words
      • Article
        Manila
        565 22 +8.37 Stocks rose slightly, with some issues succumbing to profit-tak-ing as others enjoyed support from foreign investors. The PSE Index rose 8.37 points to 2605.45. Turnover was 2.17 billion shares valued at 1.78 billion pesos. "Some stocks are ripe for profit-taking, although foreign buying on some issues is still
        565 words
      • Article
        Seoul
        473 22 -11.14 Broad-based selling pushed stocks to a lower close for the fourth consecutive session as jittery investors stuck on the sidelines, brokers said. The Composite Index lost 11.14 points to 891.87. Volume was extremely thin, with only 15.93 million shares traded. It was just above the 1995 low of
        473 words
      • Article
        New Zealand
        389 22 -0.75 Shares were flat at the finish, with heavy trade in Fletcher Challenge standing out as the day's highlight. The NZSE-40 Capital Index failed to break out of a 10-point range on the day, finishing 0.75 point lower at 2,114.88. "I thought it might have been off a
        389 words
      • Article
        Taipei
        552 22 -9.73 Stocks ended lower as a result of profit-taking in textiles and banking and insurance issues. The 321-issue Weighted Price Index declined 9.73 points to finish at 5,765.42. Turnover was 947 million shares worth NT541.67 billion. The market opened slightly lower and moved in a tight range between 5,794
        552 words
      • Article
        Bombay
        101 22 -19.91 Shares ended down as speculators took profits towards the close, brokers said. They said volumes on the BSE OnLine Trading (Bolt) system were moderate with over 325,000 shares traded in Reliance and 190,000 shares in Tisco. But both shares fell towards close. Reliance shed three rupees to 254.50
        101 words
    • WORLD STOCK MARKETS
      • Article
        London
        672 22 +28.8 STOCKS rose to a 14month high as hopes for a reduction in US interest rates sent government bonds to their highest level in 11 months. Companies sensitive to rising rates and swings in the economy, like banks, insurers and building materials, were boosted amid optimism UK rates may
        672 words
      • Article
        Paris
        137 22 +8.00 French shares finished with another solid gain, after Tuesday's 3.2 per cent advance, boosted by strength in bonds and conservative Jacques Chirac's win in the French presidential election. The CAC-40 Index breached the key 2,000 level but hit resistance and retreated. One trader said the market could stage
        137 words
      • Article
        Frankfurt
        223 22 +5.35 German stocks rose to a nine-week high, buoyed by a strong bond market, while a 4 steady US dollar raised hopes exporters' earnings won't be eroded. The DAX Index of 30 leading stocks closed at 2,064, up 5.35 points. < The dollar rose against the mark for the
        223 words
      • Article
        Milan
        127 22 101 Italian stocks closed at their highest level in almost three months, buoyed by a strong lira and a rally in the domestic bond market. "The gains by the lira and in bonds caused buying fever from domestic fund managers," said an analyst. The Mibtel Index was up 101
        127 words
      • Article
        Amsterdam
        286 22 +2.15 Dutch shares ended below the day's best levels as early losses on Wall Street and a fading bond market eroded earlier gains. The AEX Index managed to set a new 12-month closing high, however, finishing above 425 for the first time since mid-April 1994. The AEX closed 2.15
        286 words
      • Article
        Brussels
        176 22 Belgian stocks closed higher, buoyed by a stronger bond market and dollar's rise against the Belgian franc for tne fifth consecutive session. The Bel-20 Index of leading shares closed up 2.10 points at 1,448.13. The yield on the 10-year government benchmark bond was last at 7.59 per cent, down
        176 words
      • Article
        Johannesburg
        384 22 +4.4 South African gold shares ended well down after bullion's slump in New York overnight, while industrials steadied after London shares rallied and after strong corporate results. Traders said selective support had appeared for industrials, and support was seen from an easier rand. The Overall Index ended 13.4 points
        384 words
      • Article
        Zurich
        266 22 -3.2 Swiss shares closed mixed as the financial sector posted some gains while a number of heavy-weighted industrials like Nestle and Roche were lower. Early volume was good, but trading later became quiet. The SMI Index of leading shares ended 3.2 points lower at 2,655.6 after an early high
        266 words
      • Article
        Toronto
        242 22 -0.59 Stocks opened mixed in light trade with dealers reporting little activity despite the rollicking rally in North American bond markets. The TSE-300 was off 0.59 of a point at 4,282.02 in volume of 12.49 million shares valued at C 5176.54 million. Advancing stocks led declines 164 to 134
        242 words
      • Article
        Now York
        826 22 -7.26 Stock prices turned narrowly mixed in moderate trading early yesterday as profit taking again prevented the market from joining in another strong bond rally. The Dow Jones Industrial Average, which edged up 6.91 points to a new recordhigh 4,390.78 on Tuesday, was down 7.26 to 4,383.52 at
        826 words
      • Article
        Untitled
        735 22 Britannia Funds Stcrlinf Cash Bid Offer Mim Cap Deposit 31 6400 3( 6500 Mini Jcnej Gill 0 I *93 0 1992 M>m Mu Income *0 9100 *0 9)00 L S$ Cash Income Plus Fund 10 1*00 10 7200 PS Reseoe Fund S 4500 5 4600 Stertiag Lquil) Euro Performance X)
        735 words
    • Article, Illustration
      Lock icon HONGKONG
      2704 23 Bloomberg Business News HONGKONG Stocks surged as investors bid up shares of Hongkong and mainland Chinese companies on hopes of lower interest rates here and strong earnings from Chinese companies. The Hang Seng Index rose 222.80 points, or 2.6 per cent, to 8,796.88, with property shares adding 35.7 per
      Bloomberg Business News; Source: Bridge Info  -  2,704 words
    • Article, Illustration
      Lock icon CHINA
      546 23 CLSA IN Hongkong, the H share index gained 35.12 points to 1,140.17 on turnover of HK$ 170.2 million. Shanghai Petrochem accounted for the majority of activity, rising 4 per cent. In Shanghai, B shares Finished 1.1 per cent lower on turnover of US$3.2 million. Shangling accounted for the majority
      CLSA  -  546 words
    • Article, Illustration
      Lock icon TOKYO
      2491 23 Reuter TOKYO Small lot selling by financial institutions and foreigners and a lack of active buying drove stocks to end lower. Brokers said the 1530 GMT announcement about US trade action against Japan was a leading reason why investors chose to watch and wait. "There's a lot of uncertainty
      Reuter; Source: Bridge Info  -  2,491 words
    • Article, Illustration
      Lock icon BANGKOK
      1600 23 Reuter BANGKOK Stocks closed slightly higher on buying of property and building materials issues after heavy profittaking in finance, bank and telecommunications stocks earlier, brokers said. The SET Index closed up 0.68 of a point at 1,321.26. A total of 236.8 million shares worth 15.47 billion baht changed hands.
      Reuter; Source: Bridge Info  -  1,600 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      40 18 i Sik—^ I* i W M P ill Hk, j£ A Ermenegildo Zegna Inchcape Marketing Boutiques: Ngee Ann City, #01-07. Tel: 735 8147. Wisma Atria, #02-21/23. Tel: 732 8959 I Moutrir Fashions Corner: Isetan Scotts, Level 3. Tel: 735 0539
      40 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      304 19 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services arc available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      304 words
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      Page 19 Advertisements Column 2
      14 19 «aea«ea to eon-- g I »re pie**** o rog ra® I w ii'Ai'aM lb
      14 words
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      Page 19 Advertisements Column 3
      661 19 MFOiline I An SPH AudioTex Service ENGLISH NUMBER Children's Funland Animal Quiz 910 0001 Usborne Book Line Supernatural Cinema 910 0002 Horse Racing Results 911 0001(*) 4D/Sweep/Toto Toto Draw No 971 911 0002(*) Tele-Games Mrs Wizards Crystal Ball 9 A 911 0003 Crack The Safe Mensa Line Puzzles In ST
      661 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      1515 20 TOLL —FREE TEL. No. 1-800-741-1883 FAX:74I-1298 t NOTICE NOTICE IS HEREBY GIVEN that, I LIM KENG MENG of No. 16 Begonia Terrace Singapore 2880, have applied for a Retail Beer Shop Licence in respect of premises at M/s Onestop Station at No. 4 Cactus Road (Seletar Gardens) Singapore 2880, and
      1,515 words
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      Page 20 Advertisements Column 2
      49 20 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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      Page 20 Advertisements Column 3
      633 20 BUSINESS_TIMES TOLA*—FREE TEL. No. 1-800-741-1883 FAX 741-1298 pacific cxmrlls limited (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Second Annual General Meeting of the Company will be held at the Summit Room, Shangri-La Hotel. 22 Orange Grove Road. Singapore 1025 on
      633 words
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      Page 20 Advertisements Column 4
      88 20 AVIMO SINGAPORE UMTTED (Incorporated In Singapore) LOST SHARE CERTIFICATES Share certificate nos *****6 to *****5 lor 1.000 shares each in the name of Untied Equipment Limited have been reported lost, destroyed or mstaxl NOTICE IS HEREBY GIVEN that new share certificates will be issued and the above original certificates will
      88 words
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      Page 20 Advertisements Column 5
      119 20 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Gilbert Madhavan of Blk 68, Bedok South Avenue 3. #04-520, Singapore 1646, have applied for a First Class Beer House Licence in respect of premises at M/s Clarke Quay Re Ltd at 3E, River Valley Road. #01-13, Singapore 0617. and that
      119 words
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      68 22 Discover the unique charm and beauty of classic rosewood furniture from HH JljfJJl ci (ll tj Whereyou also view our Showroom m The Furniture MaH Showroom :°#ol -23/24, ThePto. Beach Rd. Singapore 0719. W: *****60 Open Daity 12noon 9pm v Tudor Court Showroom 137 Tanglm Rd. Singapore 1024 Tel *****07
      68 words
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      120 23 OT2o w passengers travelling to Hong Kong can take a load off their packs. For the earliest flight out of Singapore and the last one back from Hong Kong within the same day, fly United Airlines. The airline that lets you make the most of your time in Hong Kong
      120 words
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  • Article
    Swiss Bank to pay £850m for Warburg investment bank unit
    436 24  -  From Neil Behrmann in LONDON SWISS BANK Corp (SBC), Switzerland's third largest bank, is buying SG Warburg's investment banking business for £850 million (SS 1.87 billion) in cash. The offer, which was accepted by the Warburg board, means that Britain's
    436 words
  • Article
    Lock icon Leeson to fight extradition at hearing today
    314 24 Bloomberg Business News FRANKFURT Former Barings pic trader Nick Leeson will refuse to be extradited to Singapore when he appears before the German courts today. Leeson's court appearance will be his first since German prosecutors last week accepted evidence supporting a full extradition
    Bloomberg Business News  -  314 words
  • Article, Illustration
    Lock icon Not exactly a joy ride
    64 24 Reuter HANOI A brief respite for these two live pigs as the Vietnamese man bringing them to sell in the market stops to check his motorbike. Vietnam on Wednesday made a pitch to foreign investors for more than US$l billion (551.39 billion) by the year
    Reuter  -  64 words
  • Article
    Lock icon China cuts US$ portion of foreign reserves
    184 24 Reuter BEIJING China has cut the US dollar portion of its foreign exchange reserves to 75 per cent from 90 per cent at the end of 1993, an official of the People's Bank of China, the central bank, said yesterday. The reserves stood
    Reuter  -  184 words
  • Article
    Lock icon Deng's niece investigated over alleged US$12m embezzlement
    319 24 Knight-Ridder AP HONGKONG The niece of Chinese paramount leader Deng Xiaoping is being investigated on charges of embezzling about US$l2 million (S$ 16.68 million) from a joint venture company in southern China, local media reported yesterday. Ding Peng, the daughter of Mr Deng's
    Knight-Ridder; AP  -  319 words
  • Article
    Lock icon US Commerce Dept may privatise some functions
    94 24 Reuter WASHINGTON The US Commerce Department may privatise some functions, but does not have any new downsizing plan in response to Republican efforts in Congress to close the department. A senior Commerce official yesterday said the department was looking at a variety of
    Reuter  -  94 words
  • Article
    Lock icon Next US recession at least 2 years away: economists
    324 24 Knight Ridder WASHINGTON The next recession in the United States is at least two years away, according to an early May survey of leading economists. Of the 50 economists who were asked that question in the Blue Chip economic survey, 41
    Knight Ridder  -  324 words
  • Article, Illustration
    Is India's BJP really pro-free market?
    844 24  -  The Bottom Line PREM SHANKAR JHA PREM SHANKAR JHA The writer, a former editor of The Hindustan Times, contributed this piece to BT LAST month, India's right-wing and supposedly pro-free market Bharatiya Janata Party (BJP) coined a catchy new metaphor: "(India needs) computer chips,
    844 words
  • Article
    Lock icon Tokyo seeks 2.7 trillion yen, mostly for Kobe reconstruction
    262 24 Bloomberg Business News .TOKYO The Japanese government will ask parliament to approve a 2.726 trillion yen (5545.4 billion) supplemental budget, mostly to raise money for reconstructing the earth-quake-torn city of Kobe and beefing up the country's ability to foresee natural disasters
    Bloomberg Business News  -  262 words
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      89 24 MARKETING *1 EXCUISVfRESIDENnAI. (SAND ATTHE 1 SUMMIT OF PASIRPANJANG HILL Location: Pasir Panjang Hill Large land area of 85,132 sq ft wmmu Development Guide Plan: Residential eSS? (Plot Ratio of 1.4), 4-storeys 1 Panoramic view overlooking the coast N^wrww• Statutory land grant LI Convenient to amenities 5 FOR SALE BY
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      11 24 China fires city official for illegal use of car, Pg 3
      11 words
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      Page 24 Advertisements Column 3
      95 24 MARKETING Tomorrow in Business Times 68/69 AMOY STREET A QUALITY NEW BUILDING F v .mm n exquisite architectural statement befitting the company's image within the w—mmmm— historical business district. 1 difc mm Elegant marble lift lobbies It Raffles Place and Shenton Way Walking distance to Raffles Place/ m Gross floor
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  • BusinessTimes ShippingTimes
    • Article
      Lock icon 13 lines to raise CAF rates
      108 25 UPI KUWAIT Thirteen shipping lines operating between Middle East and East Asian ports said on Tuesday they would raise a currency adjustment factor in their rates from US$24 (Ss33) to US$5O per 20-foot equivalent unit (TEU). A notice published in Tuesday's Kuwait Times newspaper
      UPI  -  108 words
    • Article
      NOL and 3 other shipping lines launch global box service
      220 25  -  By Rahita Elias SINGAPORE National carrier Neptune Orient Lines (NOL) and three other shipping lines will deploy more than 60 ships on a global liner container service covering all the major trade routes. NOL, together with HapagLloyd of Germany, Japan's
      220 words
    • Article, Illustration
      Lock icon Ferry crashes into pier, 130 injured
      55 25 Reuter KESENNUMA, Japan A junior high school student being earned into an ambulance after a Kl,nfukai crashed into a pier while docking at the port of Kesennuma in northern Japan on Tuesday. About 130 of the 206 passengers on board the vessel were injured
      Reuter  -  55 words
    • Article
      Lock icon Cruise ships anxious to change US tax law
      269 25 NYT NEW YORK On its way from a shipyard in France, Royal Caribbean Cruises' gleaming new Legend of the Seas paid a three-day courtesy call at the New York Passenger Terminal before sailing for Miami on Tuesday afternoon. A week earlier, at
      NYT  -  269 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      600 25 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 •Ahlers Lines 12 1 Ahrenkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line. The 9 5
      600 words
    • Article
      APL christens two C11-class boxships
      321 25  -  By Alec Almazan SINGAPORE American President Lines (APL) has announced the christening of its first two Cll-class containerships. The APL China and the APL Japan were christened recently at the Howaldt-swerke-Deutsche Werft (HDW) shipyard in Germany. "They are among the largest and most efficient containerships
      321 words
    • Article
      Lock icon Kvaerner forecasts much higher profit for 1995
      519 25 Reuter OSLO Norwegian shipbuilding and offshore engineering firm Kvaerner A/S said on Tuesday it expected profits to improve significantly in 1995 compared with the previous year. In 1994. Kvaerner had a pre-tax profit of 1.22 billion crowns (*****.5 million). "Profit for the year
      Reuter  -  519 words
    • Article
      Lock icon Amount of oil spilled in 1994 the lowest for eight years
      298 25 Lloyd's List LONDON The quantity of oil spilled by tankers in 1994 was the lowest for eight years, according to new statistics from the International Tanker Owners Pollution Federation (ITOPF). Last year's spills amounted to 37,000 tonnes, just 8.5
      Lloyd's List  -  298 words
    • Article
      Lock icon China leases port to HK firm
      194 25 Reuter BEIJING The city of Fangchenggang in the south China province of Guangxi has leased an island port, 100 metres of shoreline and 27 ha of land to a Hongkong company for less than 18 million yuan (552.9 million), the official Xinhua news agency
      Reuter  -  194 words
    • Article
      DAILY FREIGHTS
      1586 26 THE dry cargo freight market mostly got off to a firm start after holidays in UK and Asia but Panamaxes in the Atlantic were a notable exception. A lower Mississippi/Holland fixture by Cargill, Kardamyla for 57,000 tonnes heavy grain for mid-May at U5518.75 was concluded over the weekend.
      1,586 words
    • Article
      TRANSPORT DIARY
      385 26 COURSES Tide: Sea Transport Course (SDF 70%) Duration: May 17 Aug 23 Organiser Singapore Freight Forwarders Association Tel: For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: International Freight Forwarding I (SDF 70%) Duration: May 25 Aug 3 Organiser Singapore Freight Forwarders Association Tel: For
      385 words
    • Article, Illustration
      Lock icon TMM rolls along on Mexican wave
      842 27  -  Mexico's leading shipping line Transportacion Maritima Mexicana is bucking recessionary trends as it works towards becoming a world class carrier, writes Tim Coone Tim Coone Lloyd's List OVER-CAPACITY in the world's shipping industry combined with the deepest recession in the recent history of one's
      Lloyd's List  -  842 words
    • Article
      THE SHIPPING GUIDE
      11767 34 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,767 words
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      Lock icon US airlines tighten safety belts to face turbulence
      999 37  -  Richard Tomkins examines an industry where 7.5 has become the magic number for profitability after five years of losses Richard Tomkins Financial Times FIRST, the good news. The United States airline industry, battered by US$l3 billion (SslB billion) losses during the past
      Financial Times  -  999 words
    • Article
      SHIPPING AGENTS
      3255 38 .A.* C ontainerline NV: Belsin Shpg Agencies Pie Ltd (Sy Marine Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pte Ltd (SyAccoid Contr Line (PK/PN). Adkris Business orpurahon Philippine Calsource Shpg Trdg Pte Ltd (S) Ahreakiel Liner Service: Kim Shpg A Trdg (S). AlNtbi Sen-Air Serrice: Frata Shpg
      3,255 words
    • Article
      COURIER SERVICES
      274 38 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air Express Travel Td: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Td: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Td: 344-3377. Fax: 345-6450. C luster Link Supplies Services
      274 words
    • Article
      AIR FORWARDERS
      1556 38 Abex Fxpress F rrtghl Td: 342-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fa*: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroiiak Freight International Td: 545-8033. Fax: *****05 Amnpral Td: 542-591 I. Fax: *****18 Air Cargo Novo F. vpress Td: 542-5454. Fax: *****06 Air Kxpns International Td: 542-7666 Fax:
      1,556 words
    • Article
      PORT CONDITIONS
      2300 39 AUSTRALIA Queensland: Abbot Point: Coal: 6 vessels due, no delays. Dafarympfc Bay: Coal: Two vessels loading, 1 waiting, 22 vessels due, 1 day delay. Hay Point Coal: Two vessels loading, 5 waiting, 7 vessels due, 2-3 days delay. Gladstone: RG Tanna: 1 vessel loading. 21 vessels due, no
      2,300 words
    • Article
      SHIP SALES & TANKER RATES
      1163 39 SHIP SALES TANKER RATES WHILST we expect to see less activifynwxt week due to the Japanese holidays and the usual May Day celebrations in Europe, there have been a flurry of sales reported this week throughout various sectors. It would appear that last week's rumours on the Chinese built panamax
      1,163 words
    • Article
      CRUISE & FERRY SCHEDULES
      1266 39 CRUISE FERRY SCHEDULES CRUISE SHIPS Art Pep Name of Vessel ETA ETD Ports of Calls Port Ageat Tdephoit No MAY II II Renaissance I Penang Renaissance Cruises 222-3388 II II Columbus Caravelle Kukup Harpers Shipping 221-1388 II II Renaissance 2 Cruise to Nowhere Renaissance Cruises 222-3388 11 II Megastar Taurus
      1,266 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        325 40 VtSMi Voy No Beth Armal Departure Vwtd Vo 1 W» Bfth Arrival Dtpartwt I Marina Wharvm m* v Hua 07A/95 P04 1I05/0800 1105 1930 Hand* tot 5A *23 0706/1030 1405/2300 Kvne/P 11/05* P01A 1105/0800 1105/1500 Mendan 09/95 P08A 1105/1500 12 05 0600 tool Contend 06N/95 P05 1005/2045
        325 words
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        CONTAINER SCHEDULES
        1639 40 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rdts Ship Voy No Etb/Btr Period From To From fci la* 2378 12/2359 IB 10/1500 10/1659 10/1900 3 11/0700 11/1159 11/1400 4 11/1200 11/1459 11/1700 fell* 062B 13/1500 1A 10/1500
        1,639 words
      • Article
        COCKETT BUNKER MARKET REPORT
        849 40 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        849 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        578 40 Carbon Carton May 4 Denaty Water S«te*rt Density Water Residue MT Hiiitm So*MI M/M a MM Euon Euai KG/1T3 V/V M M I M M PPM method KG M*3 IV/V M/M VM/M PPM method i ,<i mi c M1 A tA Eastern USA 180 Ave 988
        578 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon House panel unmoved by call to end airlines' fuel tax exemption
        382 42 Bloomberg Business News WASHINGTON Members of a House Ways and Means subcommittee reacted coolly on Tuesday to calls by the Clinton administration to end the US airline industry's exemption from a tax on transportation fuels. Congress passed the 4.3cent
        Bloomberg Business News  -  382 words
      • Article, Illustration
        Lock icon Air show opens in Munich
        65 42 AFP MUNICH, Germany A model of a Learjet 45 of the US company Bombardier in a huge truck in a hall at Munich airport during the European Business Air Show. The Learjet, which can carry eight to 10 passengers, will go into production next year.
        AFP  -  65 words
      • Article
        Lock icon Sydney's new airport to be ready for Olympics
        233 42 UPI SYDNEY Sydney will have a second international airport operating around the clock and capable of handling one million passengers a year in time for the Sydney 2000 Olympic Games, according to plans announced in the federal budget. The new airport will
        UPI  -  233 words
      • STOCK
        • Article
          Lock icon Paris-Bordeaux route to be opened up
          81 42 AFP PARIS The French government is ending the monopoly held by the state-run domestic airline, Air Inter, on Paris-to-Bordeaux flights, Transport Minister Bernard Bosson said here on Tuesday, confirming earlier reports. Mr Bosson said TAT, which is 49 per cent owned by British Airways,
          AFP  -  81 words
        • Article
          Lock icon No statement on Lufthansa: SAS
          80 42 Reuter STOCKFIOLM Swedish airline SAS said on Tuesday there would be no major announcements regarding cooperation with Germany's Lufthansa. "I'm sure there will be no official announcements today. If we had releases to make official today I would know by now," Truls Rasmussen, SAS Danish
          Reuter  -  80 words
        • Article
          Lock icon Vehicle assembly in Thailand up 23%
          85 42 Bloomberg Business News BANGKOK The domestic assembly of cars and trucks in the first quarter of this year increased 23 per cent, to 118,800 vehicles, the Federation of Thai Industries said on Tuesday. Of those, just 1.2 per cent were exported. The exports were
          Bloomberg Business News  -  85 words
        • Article
          Lock icon Toyota to refund US$4.5m
          77 42 AP TALLAHASSEE, Florida Fifty-five Toyota dealers and a distributor have agreed to refund about US$4.5 million to some 2,000 customers in Florida to settle allegations of deceptive leasing practices, the state said on Tuesday. The refunds will range from US$lOO to US$5,OOO, said Jack Norris, an
          AP  -  77 words
        • Article
          Lock icon Lockheed plans airport in Russia
          102 42 Reuter MOSCOW Lockheed subsidiary Lockheed Air Terminal is studying a potential US$l5O million (*****.5 million) project to convert an air force base in Russia's Far East into a civil airport, Interfax news agency said. The agency, quoting local administration officials, said company experts were due
          Reuter  -  102 words
      • Article
        Lock icon ANA to fly to 3 Asian cities from Kansai
        183 42 Bloomberg Business News TOKYO All Nippon Airways, Japan's second largest airline, will start flights to three destinations in Asia from Japan's new Kansai International Airport in July, the airline said yesterday. ANA is waiting for final approval from the Japanese government
        Bloomberg Business News  -  183 words
      • Article
        Lock icon SIA and partners sign maintenance plant deal
        131 42 AFP TAIPEI US aircraft engine maker Pratt and Whitney, China Airlines (CAL) and Singapore Airlines yesterday signed a contract here to form a USS2O-million (5527.8 million) aircraft-engine maintenance plant in Taiwan, CAL officials said. The contract was inked by Pratt and Whitney vice-presi-dent
        AFP  -  131 words
      • Article
        Lock icon United Airlines chief urges Japan to open up its skies
        235 42 Bloomberg Business News TOKYO The head of United Airlines Co yesterday urged the Japanese government to take steps to deregulate the country's aviation industry. Gerald Greenwald, chairman and chief executive officer of the major US airline, told reporters that Japanese
        Bloomberg Business News  -  235 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1769 42 g& nm ra nw CTB_ otj nm CTA w n»_ Abu MuM GA985 1105 GF147 1850 HatyaJ TG407 2105 TG406 0620 Gf 146 1145 MI895 2300 MI896 1920 SQ441 1505 GA883 1520 He CM MMi City VN741 1310 SQ172 1000 GA975 1535 SQ171 1445 VN740 1410
        1,769 words
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      45 25 China Express Service Shanghai Direct Xingang to Qingdao Effective from May '95 pis sccM6forjc\ieMe TMM rolls along on Mexican wave, Page 3 US airlines tighten safety belts to face turbulence, Page 13 House panel unmoved by call to end airlines' fuel tax exemption, Back Page
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      Page 25 Advertisements Column 2
      27 25 Line* and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National vjjfcgflgv ShiDOina Association V: for advertising enqurirfes. contact Shipping Times. Tel 740-2089
      27 words
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      Page 25 Advertisements Column 3
      33 25 PERSONAL FINANCE INVESTMENT Every Saturday in I LEAD BY EXAMPLE o o o o o For some of the best examples of good management. Enterprise Management. Every Monday. Business Times WE KNOW ASIA
      33 words
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      Page 26 Advertisements Column 1
      1496 26 1 1 mpi||| mmPI I other otsfrNAnofis I i north AMentc* 1 MTO uul 10 *WrfcoA«T atari I west coast of 6emttul ampwca (mawqaiwta bcrvScq ZD J HUB. |W» |t*W ILAI OM I (ML I HOUTTOBI OK M3K) IWWI g XII aUCTLW-l MUt»| BWBIWI r UUIB* IMBBP j KM/lUl l*M>
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      Page 26 Advertisements Column 2
      282 26 CONVENTIONAL INDONESIA SERVICE t VESSa ETA ETD DESTMATNM SAN WALE 166 176 JAKARTA. SURABAYA CHAHAYA SEJATI 126 136 SEMARANG, JAKARTA KURMASEJATI 206 216 JAKARTA.SURABAYA.PAOANG h WAUEDUA 256 276 JAKARTA FULL CONTAINER SERVICE-SWGAPORE TO JAKARTA vosa voy store loams port u CARAKAJN3-9 SJ4B 176 JAKARTA (tierVmg at W1) CARAKAJN3I9 SJS3 246
      282 words
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      877 27 WMSciI7W 2MMMM7*MM7*M NN2UMICII7W 22* M M MZUMRCII7W 22* 27* IM ALBMA'ACUBW m IM 1M 1M IM IM IM M* IM ALWMACIIWf 2M 1M IM ALBMAACIIBW 2*o U 17* DUtMCIHW M 1M 17* 1M 21« M 2U DUMICIIM M 2M 22* DIMAICIII* M IB* 24* ammgpciaw jm_ m w ai ai
      877 words
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      Page 27 Advertisements Column 2
      635 27 ANL. IT'S AUSTRALIAN FOR SHIPPING"^Br TO AUSTRALIA {EAST COAST) FROM AUSTRALIA (EAST COASTi~~ ksscuvot mi ru ter w in mi mm mm w»«u*ot ik trt mi mm mm *t w m A JAYAUWTA MS MM IMS IZM MM nm MM -MM IBOW* MM MM tVM MM HM 14M 17M 1U(
      635 words
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      1288 28 VBSa w MM rOMt «T UU SHI rwu*G SIN we UO no SM K0« humretgrass lviir~i?7i T\7T m/ 4 w* ~iVT~ ~u7s il7s tvs tvs u«w6SHtfaams iviit n/< «/< »/< fr/4 *V 4 ivs 55 ti/s k/s n/s w_ mmctw a/4 n7T m m HZ HZ T ZHZ ZBZ LtYßßaisa
      1,288 words
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      Page 28 Advertisements Column 2
      534 28 Mssmmmm BALABANI INPT 11/5 RdrrVAtwAJK/Nantt* I Loada EVW MMoywa. Indonaaia I I Looting tor I j ADEUNA Dubai/DammarVKuwart I NAZU K JaddtfVPort Sad I SAMMI FRONTIER I j 7j T-oacte Singapore, E/W. Malaysia. Indonwa J I Loading for 1S! SAMMI FORTUNE Loa Angetos/New Orleans/ I Chartoaton/Nortok/Camdan PAN QUEEN Lot Angataa/Naw
      534 words
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      Page 28 Advertisements Column 3
      1227 28 NORASGTI YSLNOY "J I ?JD' A^2r. S J!I? H66 U66 17* H6B 1&68 IMB IMB 1868 1789 SLA IMTIATM S29W ItS 2£ 17/H IMB IM6 IMB IMB 2MB NOR MALTA 8621-3 22 Ml 2MB 2168 2788 2788 2168 I wSStlrw JJ «J hi? MI HI7 IM7 Ml SI PfHOC S23W
      1,227 words
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      Page 29 Advertisements Column 1
      1290 29 H STRAITS SHIPPING PTE LTD 10 Ho* Chiang Road *11-01 Keppel Towers Wmmm 0200 Tel: *****00 Fai: *****17 NEW guinea PACIFIC um (A SERVICE OF CO) CAfIGO DUE SAM BTRATONOK WOIE MMO.Lafe.KK hPort 12May ■■iimnn BW,ut w mwrowmjK VWME UK Stan. Taw 11-12 May 14 May II May PCt.UX COWMHWMBPW—"
      1,290 words
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      Page 29 Advertisements Column 2
      1920 29 tMIIL F&O Containers (Singapore Agmcies) Pte Ltd t? TU "T:* »0 Hoe Chiang Road. #07-01 Keppel Towers, Singapore 0208 ■■Pi First Class Connections WORLDWIDE Te,: 225 2233 Tek rs ***** pnocsp f.*. 225 5327/222 7517 CR Number *****9 *****/ EXPORT IMPORT :j LOUWMAERSK 9506 o*s o*o6 "AM 29/05 3VW 02/W
      1,920 words
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      Page 29 Advertisements Column 3
      535 29 lOUTSQUMP HL 1 PENjJON |MM I HKG MO TAI 1 KEE YOK TKY HAG HOG OSK MOJ BUS wmi hai mi /ma Irm Isbm |imb| hmml mm 17m mm aw I I I 2mT" am ttm am IMMWMW KM "tMI~ 17M MMM W Hi' Ml Ml SIM BIM MB MAN
      535 words
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      Page 30 Advertisements Column 1
      418 30 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KELANG PENAMG ■LUEJAK 19Y5 17/5 Loading lor Mai* MMAIHUOHU 22/5 Loadng for Japanese Ports PIONEER SUPREME 25/5 i Loading lor Mrie UMMEEDH 20/5 Loadng lor Male PROGRESS LIBERTY 3(V5 Loading lor Bangkok PIONEER ELEGANT 28/5 Loathng tor
      418 words
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      Page 30 Advertisements Column 2
      1053 30 I HANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 SAIFS TEL:- *****30-233 DOCUMENT TEL: *****71-275 FDR VSL SM UNE HAUL SEA YVR FOX FDR VSL SM UNE HAUL SAW Ul NYC IWtJN BARCELONA Q23E 16* OIRECT 1/0 M M HANJM KUNSANIISE 123 M PROGRESS SHE 16* 1M 1M HANML&MWEUOE 11/6
      1,053 words
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      Page 30 Advertisements Column 3
      24 30 3F SOON KIAT SHIPPING HttUUB SBMCE TO SARAWAK i WUW rrw Srt P.|.rt 04,95 BMali/Mirt 17 SlofY M/K Port Ktlanf Ma|« Tong Hi* 17/16
      24 words
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      Page 30 Advertisements Column 4
      1185 30 -4 i h I H 1 q q k M Hssssnsn IHS^II^I S6F 1 ROM HB6 THP ANW LHV LHV ANW THP HSG RDM PKL SGP E. ROUND RW-015 144 Jg, J» J™*" 1 "M «M MM 1M H« I REACH RW-003 2M 22 1M U2 2L?!L M 2S/4 21/4
      1,185 words
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      2446 31 SmcEXPms HBS feuxstowe, rottbuam fta|lftri'l ClHnl Afiait Til (Bftril): ttf IMf li'<ihitl«| 4#WT*f' COSTAR SHIPPING PTE LTD fu: mmnij: znim c..t„„r ttnumu e m VESSEL —>**• mm I ttMM vir nru sftt?««»£,Z!2L> f»»w>wmr imhh 0 /,1 s 7 Cmwmhk MX 111, Ttwtr t SmtJ-ySS""" f ''J"" U H^ZZ.« {WW* «W7»
      2,446 words
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      Page 31 Advertisements Column 2
      671 31 j(g FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 gr HOT UNE: *****33 (30 UNES) GOTHENBURG/SCAN 15/05 ROTTERDAM 15/05 AARHUS/COPENHAGEN 15/05 HAMBURfi/BREMEN 12/05 MARSEILLE/FRANCE 16/05 FELIXSTOWEAJK 15/05 BARCELONA/SPAIN 17/05 LEHAVRE/FRAHCE 15/05 GENOA/ITALY 13/05 ANTWERP/BELGIUM 12/05 LOS AHGELES/WC/IPI 15/05 SYDNEY/MELBOURNE 13/05 NEW YORK/EC 15/05 FREMANTLE/ADELAIDE 12/05 VANCOUVER 16/05 BRISBANE 13/05
      671 words
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      1106 32 DECI S BHATRABHUM 788 Ffl 12/8 MOW 18/8 1 BUNOA SEROJA ~8Q73 Sun~ 14/8 Tut "i*B~ ■1} VESSEL VOY 255 1 WANABHUM 2778 Sun 14/8 Wad 17/8 gj TMANA BHUM 121W Tua 18/8 Wad 17/8 YANTRA BHUM 84N Thu in H Sun 14/8 1 VtRA BHUM 1328 Tim 18/8 Frt
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      774 32 70 ANSON ROAD, *21-01, SINGAPORE 0207 TEL: 2208X2 FAX; *****67 CR **********0* < tnuro tHUTTUI wmnci PORT KLANQ PENANG ieuel VOT w m vessel voy m pbi 3EA LAUREL 386N 11/5 (THm 12/5 (FBI) MCC CONVEYOR 5027 105 (WED) 12/5 (FRi 13/5 (SAT) JS&fiJACA mI 1241E8U IVS(SUH) E*»o J6OIOK 126
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      1056 33 f ADVANCE CONTAINER LINES (PTE) LTD M a 140 Cec# Street, #12-00, PIL Building, Singapore 0106 JJ "At Z TEL: *****21, FAX *****19, TELEX :R8 ***** ACLPt 3» CR NO. **********0E f 1 I jajluita I SWaSwTfIHAt FIA6I IwSoW I »J[wDl| BmJmTW »a<| 26/06 I KOTO RAKYAT WO/OSO ~fllM 11*6
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      Page 33 Advertisements Column 2
      776 33 |C^^lo^766ooooZ [VESSELS VOY aw LEHWRE HAMBURG THAMES ROTTERDAM AMTWgy BAtnCBKOU VBH 16/06 18/06 14/06 16/06 IS/06 MLLEDEUBRA um 23/00 13/06 IM» 17/06 18/06 19/O6 V*_LE DE NORMA NOW 3006 2£VOC 22/06 24/06 25/06 26/06 VH-LE 06 CARINA COBW 06/06 77-06 2M» 01/07 02/07 03^7 ALSO ACCEPTING CARGO TO ALL U.
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      Page 33 Advertisements Column 3
      645 33 BSA n. MYANMA nA FIVE STAB LINE (Myanmar National Una) w Loading for Yangon (Rangoon) Sport P.KIg PEN P.Gif SITTWE VO7E SLD PATHEIN VI32W IN PT PAGAN V22OW 15/05 MALAYSIA AGENTS BOUSTEAO SHIPPING AGENCIES KUL TEL 02 03-*****00 PKL: TEL 02-03-*****01 PEN TEL 02-04-*****02 PGO TEL 0247-*****21/4 teA NIGERIAN NATIONAL
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      511 36 gRICHFCLD MARME AGENCIES (8) PTE LTD A TIL: <*****3(12 UNO) I FAX: *****18/*****03 I TSLKX: RS ***** RMMP (3 Una*) I CR NO: **********01 I (Ttrtrarf f hnw of Efrtegio) ACCEPTING FCL AND CONVENTIONAL v Vmm\ Voy STA Loading tor MomtaML OMaouH I AfatoayWora 44W8 WW I cMM 40MB 2M7
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      Page 36 Advertisements Column 2
      552 36 AFGHANISTAN MAM Afghanistan Ltd., ■kJH Hairatan, Torghundi, Islamqala (Doqharvn) WWmOLMWm C.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku. Dushanbe, I B u.«w«k Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, i i^liinnairmiiiim|jni| Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA ALSO ACCVTWQ CAMO TOi AMCA,
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      Page 36 Advertisements Column 3
      270 36 PEWWO: ffWUMMe BMNGKMn«2)2aMegr MumAsmmmtr «URABAYA.pi)i*— I ASIA HKG/TWN/BKK GENOA/EUROPE I ■a Mfi S m 'm J* «SsSSmS2 1 >« ,56 m HWMKMTOKHH SSKSSSKto 136 I 146 SHANGHAI/DALIAH JPMOREA/MAIIItA 1 j XIAMEN/BEUING Manila£abu 17/5 18/5 19/5 TokyoAha/Yoko 12/5 13/5 14/5 AUSTRALIA/MEW ZEAIJUtt) Busan 15/5 16/5 17/5 12/5 13/5 14/5 Bris USA/CANADA
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      498 41 ▲HYUNDAI I MERCHANT MARINE CO. lIP. WESTBOUND TO EUROPE BKQ: *****61 \m m m vtssa iTFTa |ht iib rm n ra. 10/ M 11/ M 13/15 N. HMMfIB 314W IS/05 M/M 04/04 01/04 04/04 04/04 04/04 17/15 19/05 10/05 IOMMM 31SW 11/05 04/04 11/0* 04/04 11/04 11/ M 13/04 M/M
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      Page 41 Advertisements Column 2
      371 41 STRAITS/JAPAN/STRAITS SERVICE MULTI-PURPOSE A RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS ramp CAPAcrry upto so tons f™ f™ f" ioAOMCKN vfise mm_?i UKMM 41 11/ M 11/ M UKMM6 14/ S. MIMAA 14/S OMNTMS I 11/ (IKMM6 ISA MHIUUJ 14/1 TS. MM 17/S, SBIOOM Jl/J NAfiOYA M/S,
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      577 41 vcsa VOT sinm lax qa« 100 jfl |mi mtc Imdo |mi —MB iIA 11/M/12/15 M/M 30/05 11/ M 61/04 |«/M I 07/ M 04/04 lit/It I HMO***** m WW/WW Ml M/M vm M/M 104/04 I M/M I 11/ M I 13/ M I MUMgIMMm MA a H/M 14/ M 15/04
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  • Page 41 Miscellaneous
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      299 41 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 o*oo 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1)00 2000 2100 2200 2300 JR 1.4 1.2 U 1.1 1.3 1.5 1.1 2.1 2.3 2.3 2.1 1.8 1.4 1.0 09 OS 0.9 1.2 16
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      7 42 I MARKETING I Tomorrow in Business Times
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      299 42 MARKETING Tomorrow in Business Times ASIA WESTBOUND RATE AGREEMENT (A Regional Unit of tha Far Eastarn Fraight Confaranca) 90 Cacil Straat #114)1 Carlton Building, Singapore 0106 Tal: OS 223 5322 Fax: 65 225 7897 ANNOUNCEMENT REGARDING CURRENCY ADJUSTMENT FACTOB AND RATE RESTORATION In the interest of clarity, the Member Lines
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