The Business Times, 17 May 1995

Microfilm: NL19983
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 SINGAPORE Business Times WE KNOW^tSIA MITA(P) 194/12/94 Wednesday May 17 1995 85«
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  • 2 am LATEST
    • Article
      Lock icon Dow down 2 points
      67 1 Reuter NEW YORK Blue-chip stocks edged lower as the market took a breather yesterday. At 1 pm EDT, the Dow Jones Industrial Average was off 2.07 points at 4,435.40. On Monday, the index closed at a record high of 4,437.47. In the broader market, advancing issues
      Reuter  -  67 words
    • Article
      Lock icon US inflation under control, says Rubin
      29 1 Reuter WASHINGTON US inflation looks to be under control, Treasury Secretary Robert Rubin said yesterday in prepared testimony to a House banking subcommittee.
      Reuter  -  29 words
  • Article
    MARKET SUMMARY
    170 1 Stock market indices Tuesday Change STII 2,193.77 +13.9 KLSEComp 1,036.06 +22.12 Nikkei 16.388.90 -220.80 Hang Seng 9.162.32 -27.47 SET Index 1.359.26 -0.93 Jakarta Comp 461.53 +1.97 Manila Comp 2,769.07 +51.13 Taipei WPI 5.799.88 -28.33 Seoul Comp 885.33 -1.78 Bombay BSE30 ..3.147.52 -31.15 CLSA China B 748.05 3.37 Ausl
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  • Article
    Growth in Ist qtr slows to 7.2% but still on track for 7.5-8.5% this year
    809 1  -  By Chuang Peck Ming SINGAPORE Economic growth slowed to 7.2 per cent in the first three months of this year, down from 8.3 per cent in the last quarter of 1994. The first quarter figure
    809 words
  • Article
    Indian minister's remarks add to confusion over SIA-Tata tie-up
    585 1  -  From K P Nayar in NEW DELHI THE CONFUSION surrounding the Singapore Airlines-Tata venture deepened yesterday following remarks by Commerce Minister P Chidambaram that the Indian government had made no final decision on the proposal to set up a domestic airline.
    585 words
  • Article
    Japan's direct investment in Asia jumps 47% to a record US$ 9.7b
    485 1  -  From Anthony Rowley in TOKYO JAPANESE direct investment in Asia surged 47 per cent to a record US$9.7 billion (5513.6 billion) in the year to March 31. And the rise is certain to be repeated this fiscal year
    485 words
  • Article
    Lock icon Taxi firm's chief is Japan's top taxpayer
    224 1 AFP TOKYO Japan's top income taxpayer last year was the 26-year-old president of a taxi company who paid 4.89 billion yen (Ss79 million) in taxes, the National Tax Administration Agency said yesterday. Among the nation's top 100 tax payers, 32 made profits from
    AFP  -  224 words
  • Article
    US puts Japanese luxury marques on US$ 5.9b hit list
    603 1  -  From Leon Hadar Anthony Rowley THE Clinton administration yesterday announced a proscription list of 13 luxury cars that would face up to 100 per cent punitive tariffs, unless Japan accepts US demands to open its car and car parts markets
    603 words
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      136 1 ,k IHI s,, News CMpaates S pore News 2 Sport** .19.20.21 Repeat New, 14.5 Financial 2124 World News 6.8 Futum Mariwts Analysis 17 Oob/RLSt. StS 28-30 tttoral 16 Regional 26 Sports 13 World 27 TV/Ufestyt* 15 Currencies 24 mrV Focus 10 Sww/Cowmo .24,25 S**cripttoa Id 1800-*****77 Fat *****75 ITMmndtik Tel
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      9 1 Regional Analysis: Pg 17 Changing face of Philippine politics
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      26 1 Hock Lock Siew: Pg 19 Local banks' twin challenges MORE REPORTS, Pg 2 Slower growth: What analysts say Businesses upbeat on outlook for 2nd, 3rd qtrs
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      112 1 Bottom Line: Pg UK as Europe 'yt Local investors still keen on India, Pg 2 THE GREAT SEAFOOD THEATRE FEAST 1995 Business Lunch Family Dinner Feast All You Can For Just $23. That's 50 delightful dishes in all! Featuring the best of Seafood Theatre Restaurant's much talked-about seafood and Cantonese
      112 words
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  • SINGAPORE NEWS
    • SURVEY SNIPS
      • Article
        Business cost index up 5.6%
        92 2 THE cost of doing business rose sharply in the first quarter. The unit business cost index for manufacturing, after creeping up 1.9 per cent in 1994's last quarter, increased by 5.6 per cent. The unit labour cost index rose 4.1 per cent from a year
        92 words
      • Article
        Labour productivity slackens
        90 2 LABOUR productivity in the first quarter slackened, with growth slowing from 3.8 per cent in the last quarter of 1994 to 2.8 per cent. The slowdown cut across all sectors. Productivity growth in the manufacturing sector sunk from 9.3 to 4.1 per cent. Productivity in the construction
        90 words
      • Article
        12,400 more jobs
        97 2 SLOWER economic growth in the first quarter did not stop the job machine from churning out more jobs. Total employment rose 12,400, up from 9,000 in the same period a year ago. Almost half 5,900 of the total were manufacturing jobs. The financial and business services sector
        97 words
      • Article
        $lb investments committed
        80 2  -  By Chuang Peck Ming THE $1 billion investments committed in the manufacturing sector in the first quarter will spin off gross value added of 1.8 billion. Almost four-fifths of the total investments were in the chemicals and electronics industries. The United States was the biggest foreign investor,
        80 words
    • Article
      Slower growth will help ease supply side pressures, say analysts
      470 2  -  First-quarter Economic Survey of Singapore Reports by Ven Sreenivasan THE first quarter economic results surprised economists yesterday and sent them back to the drawing boards to revise their annual growth estimates. However, all the economists polled by Business Times welcomed
      470 words
    • Article
      Businesses upbeat on outlook for second and third quarters
      335 2 FIRMS are upbeat about prospects for the six months from April to September, says the latest business expectations survey by the Ministry of Trade and Industry. The survey sums up business sentiment among manufacturers and companies in service sectors for April
      335 words
    • Article
      WTO chief visits S'pore next week
      72 2 SINGAPORE The newly appointed director-general of the World Trade Organisation, Renato Ruggiero, will visit Singapore from May 25 to 26 at the invitation of Minister for Trade and Industry, Yeo Cheow Tong. Mr Ruggiero will call on Prime Minister Goh Chok Tong, Senior Minister
      72 words
    • Article
      Construction exports exceed $lb again
      99 2 SINGAPORE Singapore's construction exports surpassed the 1 billion mark for the fifth consecutive time last year, with more than $1.1 billion worth of contracts secured, Minister for National Development Lim Hng Kiang said yesterday. Speaking at the Construction Industry Development Board (CIDB) awards night, he
      99 words
    • Article
      Envoys present credentials
      60 2 SINGAPORE The High Commissioner of Jamaica, Earl Alexander Carr, and the Ambassador for Italy, Enrico Augelli, presented their credentials to President Ong Teng Cheong in separate ceremonies at the Istana yesterday. Dr Carr, who is resident in Tokyo, is the first Jamaican High Commissioner accredited to Singapore.
      60 words
    • Article
      Taiwan launches ISDN service
      60 2 SINGAPORE Taiwan's International Telecommunication Administration (ITA) yesterday launched its commercial integrated services digital network (ISDN) service, with Singapore as the first overseas ISDN destination. The service was launched in a videoconference between ITA and Telecom officials. ISDN, whose applications include data transmission, offers more reliable. better
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    • Article
      Cable TV deal with Indian firm
      108 2 SINGAPORE Singapore Cable Vision (SCV) announced yesterday that it has signed an agreement with India's Golden Eagle Communications (GEC) to include a Tamil channel in its programme line-up when it launches cable television at the end of next month. The Tamil channel will include
      108 words
    • Article
      Cofreth wins $4.8 m SIA contract
      46 2 SINGAPORE Cofreth Technology (S) Pte Lt, a French multinational company, has been awarded a $4.8 million three-year contract to carry out the operation and maintenance of the mechanical and electrical building and other facilities at SIA Air Freight Terminal 5.
      46 words
    • Article
      St Martin's Drive property fails to find buyers
      338 2  -  By Abdul Hadhi IN ANOTHER sign that benchmark prices for en-bloc property sales are no longer the flavour of the month, the sale of two blocks comprising 24 apartments in St Martin's Drive through a tender that closed late last week failed
      338 words
    • Article
      Local investors still keen on India despite setback to deal
      398 2  -  Singapore Airlines-Tata Group joint venture By Ramesh Divyanathan SINGAPORE entrepreneurs are not unduly worried about investing in India despite recent reports that a Singapore Airlines-Tata Group joint venture has hit turbulence. "If the SIA-Tata deal takes off, its a real
      398 words
    • Article, Illustration
      Melwani in venture— to distribute, retail fashionwear in India
      367 2  -  By Jenny Lam MOTI Melwani, managing director of fashion retailer Jay Gee Enterprises, has set up a new joint venture company in India to distribute, retail and manufacture branded fashionwear. Mr Melwani told Business Times that the joint-venture company, Jay Gee
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      99 2 Bpi AK I IM| YOUR Muiiit i 750 A Chai Chee Industrial Park is ideally convenience of a ready pool of skilled workers, *§H as we as eas V accessibility to the rest of Singapore through an extensive transportation I i-fi network. In every aspect, 750 A Chai Chee «HE"""**lndustrial
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      27 2 Children's Funland Bedtime Stories Day Or Night! Monkey King twists its tales. General knowledge quiz. Hear Tom Jerry croon. J l Cost: 30 cents a minute J
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Chuan govt faces toughest no-confidence test this week
      416 3  -  From Loh Hui Yin in BANGKOK PRIME Minister Chuan Leekpai's coalition government faces a no-confidence debate in parliament this week which could prove to be its toughest ♦est since taking office two and half years ago, say analysts. For unlike the three
      416 words
    • Article
      Lock icon EAEC shouldn't be seen as racial divide: Rafidah
      187 3 Bernama KUALA LUMPUR The East Asia Economic Caucus (EAEC) must not be seen as giving rise to an Asian racial spectre or to one great racial divide, Minister of International Trade and Industry Rafidah Aziz said. "No one should have such a
      Bernama  -  187 words
    • Article
      Lock icon Chinese, Filipino ships face off in Spratlys
      281 3 Reuter OFF MISCHIEF REEF. Spratly Islands Two Chinese vessels blocked a Philippine Navy ship carrying a top general and a group of foreign and Filipino journalists in a tense 70-min-ute confrontation on Saturday near a Chinese-held reef in the disputed Spratly Islands. The
      Reuter  -  281 words
    • Article
      Lock icon Telecoms group picks Batam for satellite operations
      380 3 AFP JAKARTA A telecommunications consortium from Indonesia, Thailand and the Philippines has opted for Batam as the satellite system operations base to back up a cellular telecommunication system in the region, according to media reports yesterday. "From our meeting in Bangkok last week,
      AFP  -  380 words
    • Article
      Lock icon Taiwan investments boost jobs
      68 3 AFP TAIPEI Taiwanese investments have created at least 600,000 jobs in South-east Asian nations, an economic think-tank said yesterday. Each Taiwan-invested firm employed on average 403 local employees, a survey by the Chung Hua Institution for Economic Research showed. It said Taiwan had created 161,000 jobs
      AFP  -  68 words
    • Article
      Lock icon Results of special export zones
      82 3 AFP MANILA Special export processing zones in the Philippines posted U*****.29 million (551.03 billion) in exports in the first quarter of 1995. The authority governing these zones yesterday said this was a 5.8 per cent increase over the same period last year but was only
      AFP  -  82 words
    • Article
      Lock icon Manila may import rice if drought hits
      77 3 Reuter MANILA The Philippines will probably import rice if a feared dry spell trims output and hits supplies in the seasonally lean third quarter of the year. Agriculture officials yesterday said several rice-growing areas had been affected by rainfall levels of up to
      Reuter  -  77 words
    • Article
      Lock icon Indon newsprint prices to rise
      90 3 AFP JAKARTA Paper producers have said that prices for newsprint will rise in July. "I can't confirm how much the price in the new contract would be, since it will only be discussed next month. For sure it won't stay at (the current) 76 US
      AFP  -  90 words
    • Article
      Lock icon Malaysia's inflation up in April
      86 3 Bernama KUALA LUMPUR Malaysia's inflation for April 1995, as measured by the Consumer Price Index (CPI), rose by 3.3 per cent when compared to that of the same month in 1994. Compared with the previous month, the CPI for April remained unchanged at 102.6, the
      Bernama  -  86 words
    • Article
      Lock icon Daewoo gets Viet go-ahead to build US$ lb industrial complex
      219 3 AFP HANOI The Vietnamese government has given South Korean industrial giant Daewoo the green light for a major US$l.43 billion (Ss2 billion) investment project near Hanoi, a Daewoo Corp source said yesterday. Daewoo is planning to build a huge industrial
      AFP  -  219 words
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      120 3 STSnWTMifiTIITSt-» nV Ijrl Express we take a heavy the same as smaller -Mm w ilSlsg? '"••H is shipping a customer's software across .1:... mw^^Tm %i" ft p \\W'.' Ji |!> t/if' B because we i» mmsre hardware because heavy? course > -v. wjL'.V/. has to be a CflSnZflZflSg L structure
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  • CHINA/ HONGKONG/ TAIWAN
    • Article
      Lock icon Trade the focus of PECC's meeting
      96 4 Reuter BEIJING Trade liberalisation will be the theme when Beijing hosts the Pacific Economic Cooperation Council's 1995 meeting, the first gathering of the unofficial 22-member body in China, Xinhua news agency said yesterday. The non-governmental council, devoted to promoting economic cooperation in Pacific Rim
      Reuter  -  96 words
    • Article
      Lock icon HK jobless rate rises to 2.8%
      75 4 AFP HONGKONG Hongkong's seasonally adjusted unemployment rate was 2.8 per cent in the three months to March from 2.2 per cent in the previous corresponding period. The Census and Statistics Department said in a statement that the underemployment rate in the first quarter was
      AFP  -  75 words
    • Article
      Lock icon Hongkong goes on Internet
      116 4 Reuter HONGKONG Hongkong has established its own "home page" on the Internet providing information on living, working and doing business in the British colony. The page was developed by the Hongkong government's Economic and Trade Office office in San Francisco and is carried on the World
      Reuter  -  116 words
    • Article
      Lock icon Chinese scientists petition govt
      110 4 AFP WASHINGTON Forty-five leading Chinese scientists have sent a petition to the government calling on it to end the persecution of those who took part in the 1989 pro-democracy movement at Tiananmen Square, The New York Times said yesterday. Drawn up by Professor Xu Liangying, 75,
      AFP  -  110 words
    • Article
      Lock icon Migrant women blamed for baby boom
      90 4 UPI BEIJING Impoverished migrant women were blamed yesterday for "seriously violating" China's one-child-per-family policy, with some producing four offspring. The capital has 2.8 million migrant workers including one million females who have flocked to the city from the squalor of the countryside in search
      UPI  -  90 words
    • Article, Illustration
      Lock icon British firms bag £lb worth of deals in China
      356 4 AFP BEIJING British Secretary of Trade and Industry Michael Heseltine announced here yesterday the signing of commercial deals with China worth some £1 billion (552.19 billion). Some of the deals, which include initial agreements as well as firm contracts, were signed
      AFP  -  356 words
    • Article
      Lu Ping snubs British officials in HK
      305 4  -  From Steve Vines in HONGKONG WHILE Michael Heseltine, Britain's president of the Board of Trade, was in Beijing hailing the signing of £1 billion (552.2 billion) worth of contracts and letters of intent yesterday, Lu Ping, China's most senior official responsible for Hongkong
      305 words
    • Article
      Russia moots security system for northern Asia-Pacific
      194 4 BEIJING Russian Defence Minister Pavel Grachev yesterday proposed setting up a "consultation system" to improve security in the northern Asia-Pacific, embracing China, Japan, the two Koreas, Russia and the US. Speaking to Russian journalists shortly before leaving on a tour of the Chinese
      194 words
    • Article
      Lock icon Using trade surplus to raise imports will ease China's inflation: analysts
      340 4 Bloomberg Business News Reuter BEIJING Beijing should use the opportunity of its soaring trade surplus to liberalise its trading system and raise imports to ease domestic inflation, analysts said yesterday. In the first four months of 1995, China posted
      Bloomberg Business News; Reuter  -  340 words
    • Article
      Lock icon Beijing sets up agency to regulate 30,000 rural co-ops
      206 4 AFP BEIJING China has set up a state agency to oversee the country's 30.000 rural supply and marketing co-operatives, which economic tsar Zhu Rongji recently accused of greed and betrayal of their socialist roots. The agency will be responsible for guiding
      AFP  -  206 words
    • Article, Illustration
      Lock icon Airport project is Stanley Ho's last punt
      569 4 Reuter HONGKONG Macau casino magnate Stanley Ho won a money-spinning gaming business with his biggest gamble in life, but he says he has never liked gambling. Maybe that is why the 73-year-old tycoon decided that his pre-retirement swansong would be something different from
      Reuter  -  569 words
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      70 4 It THANK YOU SINGAPORE, for your great support of the Marriott Cafe and the Crossroads. NOW, the Singapore Marriott Hotel is proud to announce the opening of the Wan Hao Chinese Restaurant. For authentic Cantonese Cuisine, may we suggest t MIEi! 1 D I H I It could only be
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      86 4 fIRSITY OF MAsnxoFKJsraADwmATiOfi -thur MBA (International Btulnew) 'AMME STRUCTURE ith programme rive Training Series* workshop! to enhance participants' oral image ted by the University's faculty, complemented by local acaclrmki x is limited to 20 candidates per class \TIONAL FOCUS i covers political, cultural and socio-economic aspects in the cific Region
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  • ASIA
    • Article
      Chinese nuclear test could put aid in jeopardy, says Tokyo
      402 5  -  From Anthony Rowley in TOKYO JAPAN has warned China that the relationship between them could be undermined by China's detonation of a nuclear bomb on Monday. Tokyo has indicated that its future foreign aid to China could be jeopardised. A
      402 words
    • Article
      Lock icon NZ parties attack sale of govt land to S'pore-controlled firm
      184 5 AFP WELLINGTON New Zealand opposition parties yesterday attacked the sale of former government land to a company controlled by Singapore's City Development Group. CDL Investments NZ Limited paid NZ$5.OB million (554.7 million) for 26 hectares of prime waterfront land in
      AFP  -  184 words
    • Article, Illustration
      Lock icon Speedy wrap-up of gas case seen boosting Japan economy
      295 5 AFP TOKYO Economic Planning Agency director general Masahiko Komura said yesterday that a timely resolution of the recent series of poison gas attacks should have a beneficial impact on the Japanese economy. "If the issue is resolved, that will be going
      AFP; Reuter  -  295 words
    • ASIA NOTES
      • Article
        Lock icon NZ court rules against Maoris
        96 5 Reuter WELLINGTON New Zealand's high court ruled against Maori activists in a dispute over land yesterday, saying the protesters would have to leave a public garden they have occupied for more than 10 weeks. The high court ruling threatened to bring to a head the
        Reuter  -  96 words
      • Article
        Lock icon Exim bank backs Pakistan plant loan
        113 5 AFP TOKYO The Export-Import Bank of Japan said it signed an agreement yesterday to guarantee a syndicated loan of up to 20.25 billion yen (*****.58 million) for a power plant project in Pakistan. The guarantee runs for about 11 years, a spokesman said. The
        AFP  -  113 words
      • Article
        Lock icon Pakistan to call in UN over threats
        103 5 AFP ISLAMABAD Pakistan will ask for a meeting of the UN Security Council to discuss "threats of war hurled by Indian leaders", the Associated Press of Pakistan (APP) said yesterday, quoting Foreign Minister Assef Ahmed Ali. The minister said he will write to
        AFP  -  103 words
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  • THE WORLD
    • Article
      Lock icon House panel votes to cut US foreign aid by 8%
      459 6 AP Reuter WASHINGTON A Republican plan to fold three foreign policy agencies into the State Department and cut US foreign aid by 8 per cent next year was approved on Monday night by the House International Relations Committee. On a
      AP; Reuter  -  459 words
    • Article, Illustration
      Lock icon Blithe spirit
      40 6 Reuter LONDON Tycoon Richard Branson, head of the Virgin group, displaying his new "hangover-free" Virgin Vodka here on Monday. He says the triple distillation process to produce his vodka lowers the factor that causes a hangover feeling. Reuter
      Reuter  -  40 words
    • Article
      Lock icon Russia expects deal on debt rescheduling by year-end
      134 6 Reuter MOSCOW Russia expects a long-term debt rescheduling deal with its creditor banks by the end of this year, Interfax quoted Deputy Prime Minister Oleg Davydov as saying. A long-term deal, one of Moscow's key demands to the international financial community. would
      Reuter  -  134 words
    • Article
      Lock icon IMF dips into own pocket for Mexico1 after US$ 10b snub
      415 6 IMF dips into own pocket for Mexico 1 after US$ 10b snub FT WASHINGTON The International Monetary Fund has quietly abandoned a plan to ask central banks from the developing world to contribute up to US$lO billion (S$ 14.1 billion) to its bailout loan to Mexico. Instead, the IMF will
      FT  -  415 words
    • Article
      Lock icon S Africa prepares to lift lid on its dirty political past
      373 6 AFP CAPE TOWN A commission designed to lift the lid on South Africa's dirty political past is expected to be given the go-ahead by parliament today when the Truth and Reconciliation Bill will be debated before being enacted into
      AFP  -  373 words
    • Article
      Lock icon US manufacturers see economic slowdown this summer
      444 8 Bloomberg Business News Reuter NEW YORK America's factory executives expect a slowdown this summer as demand eases for manufactured goods, according to Dun Bradstreet Corp's latest monthly survey. An April index that measures industrial sentiment for the coming three months dropped four points
      Bloomberg Business News; Reuter  -  444 words
    • Article, Illustration
      Lock icon Clinton popularity jumps to highest in more than a year
      278 8 AP WASHINGTON President Bill Clinton's popularity has jumped to its highest level in more than a year, the latest Washington Post-ABC News poll shows. Fifty-six per cent of those interviewed said they approved of the job Mr Clinton was doing,
      AP; Reuter  -  278 words
    • Article
      Lock icon Growing protectionism blocking a single European bourse: study
      292 8 FT BRUSSELS Flaws in EU legislation and growing protectionism in many member states are seriously jeopardising achievement of a single European securities market, according to a study by the Royal Institute of International Affairs. The study says the faltering liberalisation drive could
      FT  -  292 words
    • Article
      US-Singapore consultative group holds first meeting
      264 8  -  From Leon Hadar in WASHINGTON THE inaugural meeting of the US-Singapore Consultative Study Group, organised by the Institute of Policy Studies (IPS) of Singapore and the Center for Strategic and International Studies (CSIS), was held in Washington on Monday. Ten Singaporeans and 12 Americans,
      264 words
    • Article
      Lock icon Semiconductor sales to double by '98
      120 8 AFP SAN JOSE World sales of semiconductors will double by 1998 to exceed US$2OO billion (Ss2B2 billion), according to the results of an industry study published on Monday. This year alone sales will grow by nearly 40 per cent over last year to more
      AFP  -  120 words
    • Article
      Lock icon Russia bent on tight monetary policy
      77 8 Reuter MOSCOW A tiny cut in the Russian central bank's refinancing rate reflects government confidence that tight monetary policies are beginning to work, economists said. The bank shaved the rate to 195 per cent from 200 per cent on Monday evening and indicated further
      Reuter  -  77 words
    • Article
      Lock icon World regulators ponder over Barings
      111 8 Reuter LONDON Regulators of the world's largest futures exchanges are meeting in Windsor, just outside London, for a hastily-ar-ranged gathering to search for any lessons they can learn from the collapse of investment bank Barings. After two days of private sessions, the regulators from 18
      Reuter  -  111 words
    • Article
      Lock icon Big Mac's going kosher
      70 8 Reuter JERUSALEM Hold the cheese on that Big Mac. McDonald's is opening its first kosher restaurant in Israel. McDonald's Israel announced yesterday its restaurant opening in July in Rehovot, south of Tel Aviv, would be the first in its worldwide chain to adhere to Jewish dietary
      Reuter  -  70 words
    • Article
      Lock icon German March retail sales down 4%
      76 8 Bloomberg Business News WIESBADEN, Germany Retail sales in Germany fell 4 per cent in March from February and were down 7 per cent from a year earlier, the Federal Statistics Office said. The monthly figures take both inflation and seasonal variations into account, while
      Bloomberg Business News  -  76 words
    • Article
      Lock icon Privatisation a big headache for incoming French govt
      321 8 Reuter PARIS Conservative French President Jacques Chirac takes power today for seven years and is expected to appoint pro-European liberal Gaullist Alain Juppe to head a "tighter, younger and more feminine" government. Outgoing President Francois Mitterrand will brief Mr Chirac, 62, on
      Reuter  -  321 words
    • Article, Illustration
      Lock icon Mitterrand leaves masterly mark on world stage
      446 8 Reuter LONDON Hailed as a European visionary or derided as arrogant and out of touch. President Francois Mitterrand certainly left his mark on France's European partners and the United States during his term in office. Mr Mitterrand, who steps down today after 14
      Reuter  -  446 words
  • Page 6 Advertisements
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      324 6 the new Brother Fax 620, with an I 2 system and automatic H H I I cutter irons out this horrible, I M j£..*■ "'jyr-r^ J J«£f £^m *£®a* G*J c£ j P*~~ jjl^^g The Brother Fax 620 comes loaded with all the features you'd expect from a leading Japanese
      324 words
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      127 7 SINGAPORE'S NEW CENTRAL BUSINESS DISTRICT. f THERE ARENT MANY WORLD CLASS OFFICE fs' Jl«i V TOWERS IN SINGAPORE A STONE'S THROW AWAY jjS-'*"j(|ljj! FROM FIVE 5-STAR HOTELS, 1.5 MILLION SQ. FT OF g j!-'" j||Jl J SHOPS, SOUTHEAST ASIA'S LARGEST CONVENTION a !«""'"||alll I f| CENTRE, 000 PARKING SPACES AND
      127 words
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      381 8 I HB NATIONAL UNIVERSITY OF SINGAPORE I Jj FACULTY OF BUSINESS ADMINISTRATION f J presents Jj WHARTON-NUS BANKING PROGRAM fgl June 25 July 7,1995 Fees: 556,000 (Exclusive GST) H 556,180 (Inclusive GST) For senior banking and financial institution executives with more than six years of ip 1 111 l managerial
      381 words
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      Page 9 Advertisements Column 1
      211 9 L Paris is now only six seconds away via the new Canon Fax-L6OO. Jm Whether you're faxing invoices to your headquarters in Paris or shipping instructions to your warehouse in Pasir Panjang, the new Canon L6OO heavy duty fax will despatch it in six seconds flat*. Even more amazing than
      211 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Authoritarian ruler has his finger on the popular pulse
      1180 10 Peru under Fujimori FT MODESTY apart, says Alberto Fujimori, the Peruvian president who was recently and over-whelmingly re-elected for second five-year term, "there are many people around the world who would like to have president like me and plenty of heads
      FT  -  1,180 words
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      192 10 H wfE" gftfir-M 1 4 E m B RE 325 kg M 1-- Hffi'nifi B know How it is Everything's riding on your freight ground thats out of the ordinary I delivery If it's not there on time, you're the one who'll get it Thai's Cargo Village in Bangkok boasts
      192 words
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      17 10 Areyoii I fl equipped A U JL JL JL Wrong. Try again! v I H V>s mtBZM
      17 words
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      214 11 YOUR LAST CHANCE TO YOUR MARK IN RAFFLES PLACE. I I The stunning Republic Plaza occupies the available plot of land in Raffles Place the heart of Singapore's business and financial centre. With futuristic and intelligent features designed to give forward-thinking corporations a r leap into the 21st century. So
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      321 12 mm This BUD'S For You/ WHERE TO WINE, DINE AND ENTERTAIN OF TH€ MOST fIUTH€NTK ITRUfIN PftSTfl PtZZfl IN TOUJN Pasta I^. fltl-TIME ITALIAN FAVOURITES... ...NEARERTO THE EAST^K PASTA FRKSCA DA SAIYATORK Wit LTD jrttty 30 Iwl Qmv 5(0104) (OffN 24 HOUtS) U *****13 *****10 JSgaf Ml 133 #ol*2/D3 bpMi
      321 words
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      Page 12 Advertisements Column 2
      286 12 COSMOPOLITAN FARE At Cafe Carousel Feast as much as you can from a wide VARIETY OF DELECTABLE CUISINES FROM ALL OVER THE WORLD. $16.80 (lunch) $18.80 (dinner) PRICES SUBJECT TO 10% SERVICE CHARGE. 1% CESS ft 3% GST (NOT AVAILABLE ON 14 MAY) J3*. (ymrusel tw .o//w fro.*# BOULEVARD HOTEL
      286 words
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      Page 12 Advertisements Column 3
      282 12 ft fat May 7 May 31 Tuck into wholesome hawker fare and indulge in local dishes like Hainanese Chicken Rice, Beef Rendang and Rojak, plus a range of tempting desserts. $17.00 (Adult) $11.00 (Child) Menu changes regulary. tP /S m rui u 10% -tmj dmat .*4 r .nT^'.'.i.".,.". J, L
      282 words
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      Page 12 Advertisements Column 4
      328 12 fancy 'Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian 'Beijing dumplings, a selection of set menus, and 'Beijing specialities Pillfl such as "Beijing Balyd Tench and Stß! ,c r L Marinated Lamb. Jancy some nowt RESt'uRAVT
      328 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Cannes spotlight falls on young
      566 13  -  New filmmakers have a chance to shine at the movie world's huge get-together starting today, reports Michael Thurston Michael Thurston AFP THE world's movie industry descends on the French Riviera from today for the 1995 Cannes Film Festival, with Europe expected to figure largely in
      AFP  -  566 words
    • Article
      List of films competing at festival
      239 13 PARIS Here is the full list of the films, in order of appearance, in competition at the 48th Cannes Film Festival: La Cite des Enfants Perdus by Jean-Pierre Jeunet and Marc Caro of France. Waati by Souleymane Cisse of Mali. %Sharaku by Masahiro Shinoda
      239 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      183 13 WHERE TO WINE, OWE AND ENTERTAIN (ttatntlftll Pouse Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch *$1150+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax; 736 1922 i 1 H V( fl I I
      183 words
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      Page 13 Advertisements Column 2
      96 13 SHABU SHABU u 'Eat-All-You-Can' is back at Genki Sushi —Genki Sushi brings back Eat All-You Can' Shabu Shabu from 1 May 1995 Savour our best ——Shabu from conveyor belt while you remain comfortably seated Priced H| S14.90+* for lunch and dinner, ftjattZSj Mondays to Thursdays. This is a k steaming
      96 words
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      Page 13 Advertisements Column 3
      18 13 se Didn't you know? I read it in Htm. Catch Cats' Mews in Sunday Classified this weekend. CATS.
      18 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1215 13 TV RADIO ten species in Britain. *^S.j; P A v m cracking cherry stones, or nip- >k'^^mping out the seeds of a thistle. Suddenly Last Ch 12 V Dame Maggie Smith is Mrs Veneble. whose precious son goes to Spain with his cousin -*r f Catharine (Natasha Richard- Hg*' son).
      1,215 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      332 14 perfect te F ia^f'J "'i'li^lß■imh,mT\ > jwSlfclfe/„>*£- f "jfi&b^ZjjlMEL' |Js The clown fish and sea anemone have a We build relationships that leave another member of the Cable Wireless partnership that has stood the test of time. partners satisfied and free to move quickly Federation, is testing video-on-demand Mutual trust
      332 words
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  • SPORTS
    • Article, Illustration
      Lock icon Murdoch signs up Asian PGA tour in TV deal
      338 15 Golf AFP HONGKONG Rupert Murdoch has further extended his television sport empire by signing a television and sponsorship deal with the controversial new Asian PGA Tour. Under the deal, the media magnate will take a financial stake in the 20-event tour
      AFP  -  338 words
    • Article
      America surrenders the Cup to Team New Zealand
      565 15 SAN DIEGO Team New Zealand formally received the America's Cup on Monday. It was only the second time in 144 years that sailing's top prize has left American hands. The outdoor ceremony at the San Diego Yacht Club was anticlimactic after Saturday's
      565 words
    • Article, Illustration
      Lock icon Cipollini pedals to victory in Tour of Italy
      180 15 AP MAROTTA, Italy Mario Cipollini on Monday outsprinted the pack to capture the third stage of the Tour of Italy cycling race and score his second victory in three days and his 11th this season. The powerful Italian cyclist, known as the
      AP; AFP  -  180 words
    • Article, Illustration
      Lock icon Time to celebrate as Conner sails into the sunset
      526 15  -  America's Cup Conner's humiliation not undeserved? Michael Karem tells why Michael Karem LONDON In this world where so many leading sports figures leave a lot to be desired as role models, let us celebrate what should be the final exit of
      Reuter  -  526 words
    • Article
      Lock icon Australia fly to S Africa in buoyant mood
      288 15 Rugby World Cup Reuter SYDNEY Australia left for South Africa to defend the Rugby World Cup in buoyant mood on Monday with coach Bob Dwyer insisting the squad was even stronger than in 1991. Dwyer said the Wallabies were better prepared than
      Reuter  -  288 words
    • Article, Illustration
      Lock icon Campese's long goodbye
      334 15 AFP PARIS Four years ago, winger David Campese retired from international rugby after inspiring the Wallabies to the World Cup title. This year, he will probably do the same. That may defy the rules of probability, but then rugby's most famous player who was soon persuaded back
      AFP  -  334 words
    • SIDELINES
      • Article
        Lock icon Sherpa scales Mt Everest for 9th time
        102 15 AP KATHMANDU, Nepal Ang Rita, a 47-year-old Sherpa mountain guide, has created histoiy by climbing Mount Everest for the ninth time, the managing director of his trekking company said yesterday. Rita reached the top of the world's highest mountain on Saturday from the
        AP  -  102 words
      • Article
        Lock icon Springbok's Black Pearl out of team
        104 15 AP JOHANNESBURG Springbok star winger Chester Williams pulled out of the World Cup on Monday after a recurrence of a hamstring problem. He is to be replaced by Transvaal winger Pieter Hendriks. Williams, who made his debut against Argentina two years ago. was the
        AP  -  104 words
      • Article, Illustration
        Lock icon Michael Chang beats Philippoussis
        94 15 UPI ROME Second-seeded American Michael Chang cut big-serving Australian teenager Mark Philippoussis down to size on Monday to reach the second round of the 2 million mark Italian Open as the sun finally shone on the Eternal City after a weekend of rain. Chang, who won
        UPI  -  94 words
      • Article
        Lock icon NBA coaches pick All-Defensive Team
        113 15 Reuter NEW YORK San Antonio Spurs teammates David Robinson and Dennis Rodman were named on Monday to the 1994-95 National Basketball Association All-Defensive Team. Forward Scottie Pippen of the Chicago Bulls and guards Gary Payton of the Seattle SuperSonics and Mookie Blaylock of the Atlanta
        Reuter  -  113 words
      • Article
        Lock icon West Indies smarting from setback
        148 15 AFP LONDON The West Indies head for Worcester on Monday with plenty of room for improvement after a shock setback at Southampton. West Indies slipped to a 43-run defeat against Hampshire with a performance that was way below par on Sunday. Curtly Ambrose, lan Bishop
        AFP  -  148 words
      • Article
        Lock icon Slaney gunning for Olympic win
        199 15 Reuter JsLW YORK Mary Decker Slaney, America's star-crossed PHMm* middle distance runner, still hopes next year's Olympics Smd 20 years of personal disappointments. "It's not impossiWkT said the 36-year-old Slaney of her chances to win the Olympic 5,000-metres in Atlanta. Slaney, who says she has
        Reuter  -  199 words
      • Article
        Lock icon Rocky road for Russian basketball
        143 15 Reuter SPRINGFIELD, Massachusetts The father of Russian basketball has seen his pupils and their European counterparts make great strides over the years, but Aleksandr Gomelsky concedes there is still a long way to go to challenge US hardcourt supremacy. "Basketball in Europe is getting better
        Reuter  -  143 words
    • SCORE CARD
      • Article, Illustration
        Golf
        107 15 LONDON World rankings, Monday (US unless stated): 1 Nick Price (Zim) 21.03 pts ave 2 Greg Norman (Aust) 18.32 3 Nick Faldo (GB) 18.22 4 Ernie Els (SA) 15.52 5 Bernhard Langer (Ger) 14.74 6 Fred Couples 13.37 7 Jose Maria Olazabal (Spn) 13.05 8 Colin Montgomerie (GB) 12.85
        107 words
      • Article, Illustration
        Rugby
        27 15 SYDNEY Rugby League State of Origin, Game One on Monday: Queensland 2 (Pen: Wayne Bartrim 30th min) New South Wales 0. Queensland leads three-game series 1-0.
        27 words
      • Article, Illustration
        Tennis
        360 15 ROME US$2 million (552.82 million) Italian Open, Ist rd Monday: Vincc Spadea (US) b Carlos Costa (Spn) 6-4 6-3; 12-Stcfan Edberg (Swe) b Arnaud Boetsch (Fra) 6-2 4-6 6-3; Jaime Yzaga (Per) b Alexander Volkov (Rus) 6-2 6-7 (6/8) 6-4; 10-Todd Martin (US) b Alberto Costa (Spn) 7-6 (7/3)
        360 words
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  • Article
    A welcome breather
    629 16 EDITORIAL AFTER two straight years of double-digit growth, the economy appears to be taking a breather. That's the main message of the first quarter economic survey, which was released yesterday. Although the 7.2 per cent expansion in real GDP in the year to March is the slowest
    629 words
  • WHAT THE OTHERS SAY
    • Article
      Counter culture
      316 16 EARLIER this month, the public service sector issued its manifesto. Public Service for the 21st century, or PS21 to give it its snappier title. It is a commitment to push public servants into coming up with new ways to provide better service to the people. PS21 is also
      316 words
    • Article
      Car wars
      105 16 AFTER an arduous bout of negotiations, Washington has decided to slap higher tariffs on Japanese car imports, which make up two-thirds of its deficit with Tokyo. The act is a sad phase in the history of free trade under the aegis of WTO. Why is the US undermining
      105 words
    • Article
      Ramos' track record
      158 16 AS VOTE-COUNTING for the Philippine elections continues, it seems that the ruling party led by President Fidel Ramos will win by a big margin. To a large extent, this can be seen as Mr Ramos' personal victory. Election results will show the people's recognition of the changes
      158 words
    • Article
      Clinton's diplomatic coup
      149 16 US PRESIDENT Bill Clinton deserves a half cheer for his recently concluded summit with his Russian counterpart Boris Yeltsin. Adopting his trademark softlysoftly approach, the American leader avoided confronting Moscow over its brutal war in Chechnya. But at the same time, he also avoided pushing US-Russian ties
      149 words
    • Article
      Keeping channels open
      138 16 GOVERNMENT agencies should feel a greater obligation to work with the people whose lives they affect. An aloof, centralised approach bereft of the human element often misses essential information that could change a constructive objective into a destructive force. Perceived instances abound. There is, for example, the
      138 words
    • Article
      Why tax newsprint?
      151 16 "EDUCATION is crucial to ensuring Indonesia's ability to survive in an era of international competition in the next century." There is no denying the truth of this statement made by President Suharto at a seminar on education in Magelang, Central Java the other day. It does seem
      151 words
  • Article, Illustration
    Dicey for Clinton to play Dr Jekyll and Mr Hyde
    756 16  -  Split personality on trade will hurt US and its partners, Leon Hadar warns Leon Hadar The writer is BT's Washington correspondent US PRESIDENT Bill Clinton's announcement that he plans to use both multilateral and unilateral means to persuade Japan to
    756 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      57 16 O »ek «to p| twjobs Mo Any Career. I fwcV fa <*«• >**A I ><D J Available Any Day. "9* ijtoA** KuMta** VsV lo -tl I i I Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Lianhe wanbao Shin Min Daily News
      57 words
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      Page 16 Advertisements Column 2
      336 16 MFSiline ENGLISH NUMBER Children's Funland I The Three Wishes 910 0001 Usborne™ Search For The Sunken City; Puzzle Adventures Win Ameribuck Prizes! 910 0002 Horse Racing Results 911 0001(*) 4D/Sweep/Toto Toto Draw No 972; Win Prizes! 911 0002(*) Tele-Games Crack The Safe A Mrs Wizards 911 0003 Crystal Ball 9
      336 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      77 16 p.i<iBir«.?<aj.:. WHe.Se. D© u£. Si&H' GET" S» T H< Y= o^ t (§SSUsd> ..BP-DP,NCT». y l&SggffSe ue. J^M^e"^se^^KV a:iMßW Y Cah^-£n 'Q P'fiSy'l LUNCH c associated nrwwAPfiii ltd 9438 DOONESBURY GARRY TRUDEAU MR SPEAKER, MOSTAtf&)O>HS CLINTONS ATTEMPT TO V^^VHHH[| sfifiV7 TDASREB UJTTH THE Wright' AND nun* fin- "H6AL" By CONDEMNING
      77 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Give-and-take replaces check-and-balance politics
      1031 17  -  Recent elections showed the changing face of Philippine politics. A 1 Labita says the new spirit of compromise is a breakthrough Al Labita The writer is BT's Manila correspondent ALTHOUGH results are yet to be finalised, last week's elections in the Philippines are showing up one
      1,031 words
    • Article, Illustration
      Singapore and the Spratlys
      836 17  -  ASIAN VIEW By Yang Razali Kassim The writer is BT's Regional Analysis Editor LAST Thursday, Singapore Prime Minister Goh Chok Tong met his Chinese counterpart Li Peng in Beijing. As is usual for leaders when they meet privately, Mr Goh and Mr Li touched on a
      836 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      132 17 PUT YOUR BUSINESS ONLINE IHE CZONNEC T lONS TO THE FULL VIEW OF THE WORLD Nowadays, it is not so much the Net. Get in touch with who you know but who Asia Internet Online knows you and can find Publishing Pte Ltd and let information to get in touch
      132 words
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  • Article
    Jakarta gives free trade a boost
    469 18  -  Tariff protection for Chandra Asri petrochemical plant won't be raised From Maggie Ford in JAKARTA THE Indonesian government will not give increased tariff protection to the controversial Chandra Asri petrochemical plant, a move which will reassure investors and lenders of its commitment to free
    469 words
  • Article, Illustration
    PM Goh suggests tourism tie-up with 2 Chinese cities
    590 18  -  PMGoh in China By Alvin Tay CHONGQING Fly to Singapore, stay a few days on Sentosa perhaps, and then take a flight from Changi to Chengdu or Chongqing in Sichuan province to enjoy some beautiful scenery. That was basically what Prime
    590 words
  • Article
    Lock icon Step up assault on US budget deficit, urges Greenspan
    174 18 Reuter WASHINGTON Federal Reserve chairman Alan Greenspan yesterday called Tor a stepped-up attack on the US budget deficit, warning that the US can't count on foreign money indefinitely to finance its economy. "It is essential that the momentum towards reducing, and
    Reuter  -  174 words
  • Article
    Lock icon US industrial output fall for second month
    150 18 AFP Reuter WASHINGTON US industrial production dropped for a second straight month in April, the first back-to-back monthly declines in nearly 3'/t years as the manufacturing sector lost steam, the Federal Reserve said yesterday. Total industrial output by the nation's mines, factories and
    AFP; Reuter  -  150 words
  • Article, Illustration
    Britain must seize chance to be a leader of the new Europe
    785 18  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a political commentator based in London. He writes regularly for BT AS THE new president of France, Jacques Chirac needs all the friends he can get. And one
    785 words
  • Article
    Lock icon Li Ka-shing moves shares to trust
    418 18 Tycoon says tax exemption, not politics, the reason South China Morning Post HONGKONG Property tycoon Li Ka-shing said his decision to shift shares in the flagship Cheung Kong (Holdings), of which he is chairman, to a trust under his name is mainly for tax
    South China Morning Post  -  418 words
  • Article
    Lock icon Microsoft in development alliance with NBC
    148 18 Bloomberg Business News NEW YORK Microsoft Corp and General Electric Co's NBC network are forming an alliance to develop products for new media such as CDROMS and for traditional broadcast and cable television. The companies yesterday said the alliance will combine NBC's global reach
    Bloomberg Business News  -  148 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      88 18 IRH COMPAQ. I I 1 I Authorised Dealer For Singapore, China Vietnam I FOR LEASE WORLD COMPLEX AT ÜBI ROAD 1 Q. I— J CO 5-storey light industrial n I I building j 20,000 sf per floor object available pavalebarJ gfft, Central air-conditioning ROAD _\g for office Ample car parking
      88 words
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      Page 18 Advertisements Column 2
      7 18 US manufacturers see economic slowdown, Pg 8
      7 words
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      Page 18 Advertisements Column 3
      49 18 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 1000-749-2577, and ask for home or office delivery service.
      49 words
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      Page 18 Advertisements Column 4
      49 18 Ilpn COMPAQ. I MICRO Consumer Products Centre I #04-40 Funan Centre I Microsoft shuffles management as executive announces retirement, Pg 22 SINGAPORE BANGKOK KUALA LUMPUR NGEE ANN CITY OOIONTOMERS UKRTY SQUARE <"» (Orchard Ml lOpp RaMw Hotrf) (Stem M) (Opp flaapHa HotaD QUALTTY INSTANT OFFICES MRCENTRE Tel: 6S-*****6S Fax: *****76
      49 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Indonesia's Bambang takes 5.2% stake in Van Der Horst
      423 19  -  By Quak Hiang Whai SINGAPORE Bambang Trihatmodjo, President Suharto's son, has bought a 5.2 per cent stake in Van Der Horst Ltd. Mr Bambang, who controls Indonesian conglomerate Bimantara group, bought 5.3 million Van Der Horst shares at different prices on
      423 words
    • Article
      FCC clears way for possible move on YHS
      461 19  -  By Genevieve Cua SINGAPORE Property group First Capital Corp issued a circular yesterday explaining the rationale and financial effects of buying more Yeo Hiap Seng shares and clearing the way for a possible takeover of the listed beverage group. FCC, controlled by
      461 words
    • Article
      Sembawang beefs up its cash hoard for expansion
      324 19  -  By Rahita Elias SINGAPORE Engineeringbased Sembawang Corp has again built up its war chest as it prepares for expansion. The listed group's cash hoard nearly doubled last year to $315 million. In the previous year, the group's cash, bank balances and deposits
      324 words
    • Article
      Rent for UOB directors' firms fair: JLW
      114 19 SINGAPORE United Overseas Bank's proposed tenancy agreements with two companies linked to its directors are fair and reasonable, says JLW Property Consultants. The proposed tenancy agreements, for space in UOB Plaza, involve Kheng Leong Co and Wee Ramayah Partners. Kheng Leong is controlled
      114 words
    • Article
      Keeping lid on operating costs, raising productivity are the challenges for banks
      730 19  -  HOCK LOCK SIEW By Quak Hiang Whai SINGAPORE When officials of the Big Four banks said they have to work a lot harder to achieve earnings growth this year, they were not just talking about the difficulty of
      730 words
    • Article, Illustration
      MGA Securities hit by departure of HK-based chief
      385 19  -  By Catherine Ong SINGAPORE Morgan Grenfell Asia Securities has been hit by another top-level resignation, two years after the broking firm and the merchant bank were rocked by an exodus of senior and middlelevel executives. Stuart Cook, head of Morgan Grenfell's regional
      385 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD Firm
        51 19 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, Credit Lyonnais Securities, Daiwa, Fraser, G K Goh, Kay Hian, Morgan Grenfell, Ong Co, Nomura, Phillip, Smith New Court, WI Can and SG
        51 words
      • Article, Illustration
        HOT STOCK
        111 19  -  By Paul Leo SINGATRONICS Warrants is a medium-term buy. Weekly and monthly RSIs bounced up from the oversold region with further upside. Buying interest is strong yesterday's volume of 449,000 units is nearly 4 times the 10-day average of 115,000 units. Weekly MACD is also encouraging. But investors
        111 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Liang Huat Aluminium's venture
          56 20 SINGAPORE Liang Huat Aluminium has formed a joint venture to paekage and distribute silieon sealants under the brand name Silteeh. The new eompany. Silteeh Pte Ltd, began operation on May 2. Liang Huat's joint venture partners are CT Chemie, a German maker of sealing and adhesive
          56 words
        • Article
          Keppel's convertible bonds
          68 20 SINGAPORE Keppel Corp said last night that two of its convertible bonds would not be convertible from June 16 to 19 because the share transfer books and register of members would be closed to determine entitlement to dividends for calendar year 1994. The bonds involved are US$7O
          68 words
        • Article
          CWT rights issue
          47 20 SINGAPORE CWT Distribution said yesterday that at the close of its rights issue on May 11, applications had been received for $70,022,033 of loan stock and 32,850,570 warrants, representing about 100.03 per cent of the loan stock and 109.50 per cent of the warrants.
          47 words
        • Article
          Corrections and clarifications
          130 20 IN our May 13 report headlined "Hwa Tat Lee ties up with Shanghai furniture maker", we said Hwa Tat Lee's Chinese joint venture partner was a furniture manufacturer and retailer. Hwa Tat Lee has clarified that before the joint venture, its Chinese partner was not involved in
          130 words
      • Article
        UNIT TRUSTS & FUNDS
        559 20 UNIT TRUSTS FUNDS Managers' prices May 17 Mendaki (ir Fund 102 105(a US Gr Fund 1.03 1.07" Singapore Unit Trust The Commerce 1.59 I 68xd UUb ASS6I Rlgl LIQ The Savings Fund 1.54 1.63 Unifund 1.43 1.50 S'pore Prog Fund 0.62 0.66 Unibond*- 1.03 1.055 S"pore See Fund 1.00 1.06
        559 words
      • Article
        Wearnes International back in the black
        217 20  -  By David Mok SINGAPORE Industrial equipment company Wearnes International has returned to profitability, reporting net earnings of $6,065 million for the six months to Mar 31. In the same period a year earlier, the firm posted a net loss of 1.105 million, and for
        217 words
      • Article
        Lock icon Westmont may divest entire Samanda stake but keep bank
        464 20 MBT KUALA LUMPUR Westmont Bhd may have plans to dispose of its entire stake (49.9 per cent) in Samanda Holdings Bhd by this month but is intent on keeping Westmont Bank one of the 10 largest commercial banks in the Philippines
        MBT  -  464 words
      • Article, Illustration
        Liang Court Hospitality wins 2nd management job in China
        285 20  -  By Schutz Lee SINGAPORE The hospitality arm of Liang Court has been awarded its second management contract in China. Liang Court Hospitality will manage a luxury hotel and service apartment project in scenic Zhaoqing, near Guangzhou, in south China. The apartments
        285 words
      • Article
        Lock icon 75 supermarkets: Cold Storage's aim for Malaysia
        339 20 MBT KUALA LUMPUR Cold Storage (M) Bhd hopes to set up at least 75 supermarket outlets throughout Malaysia within a span of eight years as part of its joint venture with Dairy Farm International Holdings Ltd. Cold Storage chairman Samsudin Abu Hassan yesterday
        MBT  -  339 words
      • Article
        Lock icon Bank of Asia denies Finance One taking over
        360 20 Reuter Bloomberg Business News BANGKOK Bank of Asia officials yesterday denied media reports that Thailand's biggest finance company. Finance One, was launching a takeover bid for the bank. "We have no knowledge of this," Bank of Asia president Chulakorn Singakowin told a
        Reuter; Bloomberg Business News  -  360 words
      • Article
        Lock icon MRCB pumping M$ lb into mobile phone system
        188 20 Bernama PETALING JAYA MRCB Telecommunication Sdn Bhd, a wholly owned subsidiary of Malaysian Resources Corporation Bhd, is expected fo invest a total of more than MSI billion (*****.2 million) in the next three to five years in Malaysia's first fully digital mobile
        Bernama  -  188 words
      • Article
        Lock icon Shinawatra Computer's profit down 5% in first quarter
        303 20 Thai corporate results Bloomberg Business News BANGKOK Shinawatra Computer Communications pic said its net profit in the first quarter came to 677.6 million baht (5537.9 million), a decline of 5 per cent. The decrease was mainly because of slower-than-expec-ted growth at Shinawatra's
        Bloomberg Business News  -  303 words
      • Article
        Lock icon Thai Telephone lst-qtr profit up 336%
        193 20 Bloomberg Business News BANGKOK Thai Telephone Telecommunications pic said its net profit in the first quarter rose 336 per cent from the same period a year earlier, as it installed more phone lines. The company earned 219.9 million baht (S$ 12.46 million), or 0.44
        Bloomberg Business News  -  193 words
      • Article
        Lock icon Profit of telecoms group Jasmine jumps 284%
        162 20 Bloomberg Business News BANGKOK Jasmine International pic, a telecommunications group, said its net profit in the first quarter surged to 212.9 million baht (5512.1 million), an increase of 284 per cent from the same period last year. The jump was due in part
        Bloomberg Business News  -  162 words
      • Article
        Lock icon HK Telecom's profit rises 15% to HK$ 8.7b
        419 21 Bloomberg Business News. Reuter HONGKONG Hong Kong Telecommunications Ltd yesterday said its net profit rose 15 per cent in the year ended March 31, as booming mobile phone sales make up for a slump in business handling calls to and from China.
        Bloomberg Business News.; Reuter  -  419 words
      • Article
        Lock icon HK's Denway says China Peugeot tie-up over worst bump
        293 21 Reuter HONGKONG Denway Investment Ltd said yesterday the worst was over for its China joint venture Guangzhou Peugeot. But whether the Hongkong company can reverse last year's net loss of HK.SI4B million (Ss26 million) will depend on sales in the next
        Reuter  -  293 words
      • COMPANY BRIEFS
        • Article
          Lock icon Orient Power net profit up 36%
          61 21 Bloomberg Business News HONGKONG Electronics maker Orient Power Holdings Ltd said its net profit rose 35.7 per cent to HK$ 13.76 million (552.49 million) in the year ended Dec 31, up from HK$lO.l4 million. Earnings per share rose to 5.7 HK cents, from 4.6
          Bloomberg Business News  -  61 words
        • Article, Illustration
          Lock icon Mac attack lands whack of cash
          53 21 Reuter SYDNEY British tourists Alan Bailey, 36, and wife Zoe after being awarded A 525,000 (5525,500) in a Sydney Court on Monday. Bailey was awarded the damages after he broke two of his teeth on a McDonald's hamburger while on a visit to Australia
          Reuter  -  53 words
        • Article
          Lock icon Giordano plans Asian expansion
          55 21 Bloomberg Business News HONGKONG Clothing chain Giordano Holdings Ltd plans to spend between US$3 million (554.2 million) and US$5 million on expanding into Indonesia and India, the South China Morning Post reported. Executive director Jimmy Chan reportedly said the expansion will also include stores in Korea
          Bloomberg Business News  -  55 words
      • Article
        Lock icon Copy-cat moves by rivals take edge off Aiwa showing
        267 21 Bloomberg Business News TOKYO Aiwa Co is finding itself unable to sustain last year's rapid profit growth as competitors copy its strategy of producing overseas to beat the strong yen. Current profit in the year ended March 1995 rose 49.1 per
        Bloomberg Business News  -  267 words
      • Article
        Lock icon Smith New Court launches HK small-caps index
        162 21 Reuter HONGKONG Smith New Court Far East said it launched its "Smith New Court SmallCompanies Index" to track Hongkong's small capitalisation companies. The brokerage firm said the index comprised stocks that form the market's bottom 10 per cent in terms of value. In
        Reuter  -  162 words
      • Article
        Lock icon Half of Taiwan's listed firms hit by depreciation of local currency
        235 21 AFP TAIPEI More than half of Taiwan's listed eompanies suffered losses or posted dwindling gains in foreign exehange deals in the first quarter of this year as the local currency performed weakly against major foreign units, the Economic Daily
        AFP  -  235 words
      • Article
        Lock icon Dow Corning files for bankruptcy protection, deals blow to claimants
        570 22 Los Angeles Times NEW YORK— Dow Coming Corp, once the biggest manufacturer of silicone gel breast implants, on Monday filed for federal bankruptcy protection, dealing a severe blow to hundreds of thousands of women who received implants and now elaim
        Los Angeles Times  -  570 words
      • Article
        Lock icon Microsoft shuffles management as executive announces retirement
        306 22 Reuter SEATTLE Microsoft Corp executive vice-president Mike Maples has said he will retire in two months, sparking a reorganisation of top management at the personal computer software giant. Mr Maples, 52, a top lieutenant to chairman Bill Gates with responsibility for the company's
        Reuter  -  306 words
      • Article
        Lock icon Kmart posts lst-qtr loss as profit margin worsens
        230 22 Bloomberg Business News TROY, Michigan Kmart Corp yesterday reported a fiscal first-quarter loss as customers flocked to its sales racks, boosting sales but cutting into its gross profits. The nation's second-largest retailer reported a loss from operations not including an accounting change
        Bloomberg Business News  -  230 words
      • Article, Illustration
        Lock icon First-quarter profit at Toys R Us drops to US$ 18m from US$ 38m
        366 22 Reuter PARAMUS. New Jersey Toys R Us Corp said on Monday its earnings and same-store sales both fell in the year's first quarter, in financial results that showed the importance of video game sales for the toy
        Reuter  -  366 words
      • Article
        Lock icon Murdoch's News Corp restructures capital to comply with FCC
        295 22 Bloomberg Business News, Reuter WASHINGTON Two weeks after being told by the US Federal Communications Commission that it did not have to restructure its finances in order to comply with foreign ownership laws, News Corp is doing just that. In a
        Bloomberg Business News,; Reuter  -  295 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        China loan guarantee ruling holds up some agreements
        352 23  -  By Quak Hiang Whai SINGAPORE A Chinese government ruling introduced last year to regulate loan guarantees has held up some loans for joint ventures in China. Under the new ruling introduced by the State Administration Exchange Control last year, loans to joint
        352 words
      • Article
        Lock icon Broking firms Kankaku, Cosmo to slash capital
        426 23 AFP TOKYO Japanese brokerages Kankaku Securities Co Ltd and Cosmo Securities Co Ltd yesterday announced plans to slash their capital in a fresh attempt to clear away losses inherited from the speculative 1980s. Kankaku, a leading secondtier broker affiliated with DaiIchi Kangyo Bank
        AFP  -  426 words
      • Article
        Lock icon NZ banks had bumper year but face margin squeeze
        323 23 Bloomberg Business News WELLINGTON New Zealand banks had a bumper year in 1994 as bad debt recoveries lifted earnings but increased competition has reduced their profit margins and threatens to make 1995 a less memorable year, according to a survey by
        Bloomberg Business News  -  323 words
      • Article
        Lock icon Zurich Insurance in US$ 2b deal to take over Kemper Corp
        328 23 Bloomberg Business News ZURICH Zurich Insurance Group and Insurance Partners agreed to acquire Kemper Corp in a takeover that values Kemper at US$2 billion (552.78 billion). Zurich Insurance, a Swiss insurer, is expected to own about 80 per cent
        Bloomberg Business News  -  328 words
      • SMALL CHANGE
        • Article
          Lock icon Bank of Tokyo scores a first in Beijing
          95 23 AFP BEIJING Japan's Bank of Tokyo has been picked by the Chinese government to become the first foreign bank to open a branch in Beijing, official sources said here yesterday. VicePremier Li Lanqing congratulated the bank's president, Tasuku Takagaki, on the news
          AFP  -  95 words
        • Article
          Lock icon Stanchart's China HQ
          86 23 UPI HONGKONG Standard Chartered Bank announced yesterday that it plans to establish its China headquarters in the commercial capital of Shanghai later this year. It was unclear whether the new headquarters would be located along the city's famous Bund strip, where the bank's olTices had been based
          UPI  -  86 words
        • Article
          Lock icon MasterCard plans 10,000 KL terminals
          71 23 Bernama KUALA LUMPUR MasterCard International is targeting to have 10,000 terminals "live" by the end of this year to support the rapid expansion of its Maestro network in Malaysia, director of member serv ices Elsie Chia said yesterday. MBf Finance Bhd and Standard Chartered Bank
          Bernama  -  71 words
        • Article
          Lock icon Bigger profit fall for 6 Japan banks?
          91 23 AFP TOKYO Combined net operating profits of six leading Japanese commercial banks are estimated to have fallen 15 per cent to 1.485 trillion yen (Ss24 billion) in the year to March, an economic daily said yesterday. This compared with their earlier estimates of
          AFP  -  91 words
      • Article
        Lock icon Credit Suisse aims to be profitable in corporate banking by '98
        321 23 Reuter ZURICH Credit Suisse, one of Switzerland's big three banks, said it was making "intolerable" losses on services for corporate customers and planned to return this activity to profit by the end of 1998. Paul Meier, director responsible for
        Reuter  -  321 words
      • Article
        Lock icon Beijing: No mercy for those who break bond trade rules
        354 24 Reuter SHANGHAI China's securities watchdog warned of severe punishment for anyone violating the rules in the treasury bill (T-bill) futures market, newspapers said yesterday. In an urgent notice, the China Securities Regulatory Commission reaffirmed the need for strict margin requirements
        Reuter  -  354 words
      • Article, Illustration
        Lock icon Mandela's words of comfort
        56 24 Reuter ORKNEY, South Africa President Nelson Mandela speaking to an injured mineworker during a visit to the Vaal Reef gold mine on Monday, where 104 miners died in an accident last week. Mr Mandela called for South Africans to observe a national day of mourning today
        Reuter  -  56 words
      • Article
        Lock icon Thai commerce ministry wins commodity futures role
        208 24 Knight-Ridder BANGKOK Thai economic ministers on Monday gave the commerce ministry approval to supervise the country's first commodity futures market. Deputy Commerce Minister Chaiyot Sasomsap said on Monday. The first parliamentary reading of the commodity futures bill proposed by the ministry will take
        Knight-Ridder  -  208 words
      • Article
        Platinum prices seen recovering to US$47O
        397 24  -  Upbeat outlook buoyed by 11% surge in demand last year From Nell Behrmann in LONDON PLATINUM prices could recover to US$47O (*****) this year, says Johnson Matthey in its latest annual review on the metal. Platinum, which has encountered speculative selling in recent weeks,
        397 words
      • Article
        Lock icon Indon commodity groups want controversial tax scrapped
        246 24 Reuter JAKARTA Indonesian groups representing rubber, cofTee, tea and cocoa producers want the government to scrap a controversial value-added tax they say could hurt the plantation sector and lead to higher local prices, trade sources said yesterday. The groups submitted a joint memorandum
        Reuter  -  246 words
      • Article
        Lock icon Demand for Opec oil to double by 2010
        341 24 Bloomberg Business News LONDON Demand for oil from the Organisation of Petroleum Exporting Countries is likely to at least double by the year 2010, the International Energy Agency says. The need for Opec to supply oil to the world could rise to
        Bloomberg Business News  -  341 words
      • Article
        Lock icon Hongkong's MRTC to sell HK$ 500m notes in first issue of funding plan
        314 24 Bloomberg Business News HONGKONG Hongkong's Mass Transit Railway Corp (MRTC) will sell HKSSOO million (SS92 million) worth of debt securities on Friday, the first issue out of a HKSIO billion funding programme that it and the local
        Bloomberg Business News  -  314 words
      • Article
        Lock icon US petrol demand puts oil rally back on the road
        264 24 ENERGY REPORT Reuter LONDON Strong demand for motor petrol in the US led oil prices higher again yesterday putting a two-month-old rally firmly back on the road. London June delivery futures for North Sea Brent blend crudc consolidated on a
        Reuter  -  264 words
      • Article
        Lock icon Currency Reports: London
        210 24 Reuter LONDON The dollar was steady at lower levels early in Europe, after dropping more than a pfennig overnight, but traders expect further losses to be limited and an underlying bullish sentiment to persist. There was no fresh news behind the decline, though traders in New York
        Reuter  -  210 words
      • Article
        Lock icon New York
        88 24 AFP NEW YORK The dollar edged up against the other major currencies yesterday in New York as the US announced trade sanctions against Japan. In early New York trading, the dollar was at 1.4473 marks from 1. 4360 late Monday and 86.75 yen from 86.35. In London. the
        AFP  -  88 words
      • Article, Illustration
        Untitled
        1713 24 trade-neifhted inde\ calculated S'pure's top 14 1 ratlin* partners Hum' year IW* US$/S$ forward rates Noon /May 16 s$ Rid Offer 1-month IW8 1.3973 2-month ***** ***** 3-month I 3859 1.3874 h-month 1.3727 1.3747 Source IX H( Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on May 16 Singapore
        1,713 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends easier, Eurodollars higher
        1341 25 SiMEX REPORT Reuter SINGAPORE Simex Euroyen ended easier while Eurodollar futures were firmer at the close. Dealers said the Euroyen was trapped in narrow range trading ahead of details of the US trade sanctions against Japan. Euroyen had firmed earlier on the back of the
        Reuter  -  1,341 words
      • Article
        Tokyo gold eases on stronger yen
        654 25 COMMODITY REPORTS Gold TOKYO: Gold futures closed lower as the stronger yen against the dollar overrode modest overnight gains in gold prices. Prices ranged from three to nine yen per gram lower. Benchmark April closed eight yen down at 1,079. Activity was led by
        654 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Coffee fanners" prices up 30%-170%
          72 25 LONDON Prices paid to coffee growers increased significantly on the back of last year s rise in world coffee prices, according to data released bv the International Coffee Organisation. In the draft issue of its second Coffee Newsletter, the ICO's latest data shows that prices
          72 words
        • Article
          India govt nod for 75 sugar mills
          96 25 NEW DELHI The Indian government said yesterday it gave permission to set up 75 sugar mills between the 1991-92 and 1993-94 sugar seasons. Food Minister Ajit Singh told Parliament that the government had received 246 applications for mill licences, but only 75 applications
          96 words
        • Article
          Copper deficit for 1st half of 1995
          87 25 LONDON The copper market will record a deficit of 170.000 tonnes in the first six months of 1995, according to a metals analyst at Macquarie Equities. He suggests that in the second quarter of this year, which is historically the strongest quarter of
          87 words
        • Article
          Japan faces zinc concentrates shortage
          76 25 TOKYO Japanese zinc smelters were scrambling to secure supplies of concentrates even before Australia's Mount Isa Mines announced force majeure on deliveries on Monday. Now they're desperate. with some smelters reportedly holding less than one week's worth of stock. Mount Isa Mines was forced to
          76 words
    • Article
      COMMODITY PRICES
      1424 25 SICOM Futures May 16 Rubber Physical Prices (futures closing as at 5.30pm) Buyers Sellers RSS1 Contract (S cents/kg) As at 12 neon (S cents/kg) lose Volume Open a AAkl Month High Low Sett (tonnes) Interest RSS Jun 95 -55.00 „56.00N 260.00 260.00 259.00 50 U75 RSS 3 Jun
      1,424 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1003 26 -4.3 SHARES closed weaker yesterday due to selling pressure in the banking sector focused on Westpac Banking Corp and National Australia Bank. The All Ordinaries Index fell 4.3 points at 2,044.5. The All Industrials ended 10.3 lower at 3,077.5. The All Resources climbed 0.6 to 1,262.9. Turnover was '.84.49
        1,003 words
      • Article
        Manila
        619 26 +51.13 Share prices rose 2 per cent amid foreign buying and good First quarter results of listed firms. The PSE Index advanced 51.13 points at 2,769.07. Turnover was 977 million shares valued at 2.1 million pesos. "There is a shift again of foreign funds from Europe and the US
        619 words
      • Article
        Taipei
        583 26 -28.33 Stocks fell for a second day on concern over the outlook for sales and profits in the plastics and petrochemical industry after a drop in the price of a key material it produces. The price of imported dioctyl phthalate, or DOP, used in production of plastic materials, has
        583 words
      • Article
        Seoul
        450 26 -1.78 Share prices continued to retreat yesterday, plagued by fears of a directionless future. The Composite Price Index eased 1.78 points to close at 885.33. Turnover was 18.83 million shares worth 284.9 billion won. Falls swamped rises 539 to 180, while 148 other shares ended unchanged. With bond yields
        450 words
      • Article
        New Zealand
        341 26 -0.91 Shares gave up solid morning gains by the close after the index touched new highs for 1995. The NZSE-40 Capital Index actually closed 0.91 point off at 2,142.58 on volume of over $60 million. The index had risen to a high of 2,156.28. The market came off
        341 words
      • Article
        Bombay
        77 26 +31.15 Shares finished slightly higher but brokers said prices traded in a narrow band. The BSE 30-share Index ended 31.15 points up at 3,147.52 while the National Index ended 2.69 up at 1,517.48. Index heavyweights ITC, Reliance, Telco and Tisco recorded gains on moderate buying by local and foreign
        77 words
    • WORLD STOCK MARKETS
      • Article
        London
        693 26 -9.9 STOCKS declined as Glaxo Wellcome pulled down drug stocks and interest-rate sensitive bank stocks retreated. Hanson was another casualty as first-half profits at the industrial conglomerate were no better than analysts expected, while Allied Domecq fell after lower-than-expected earnings. The FT-SE 100 Index fell 9.9 points to 3,300.8.
        693 words
      • Article
        Paris
        169 26 +9.74 French shares ended above the 2,000 level again, after profit-taking on Monday had pulled its below that hard-won level, on a rally in bonds on expectations of easier German rates and a rise in the dollar. But the market closed well below the high of the day of
        169 words
      • Article
        Frankfurt
        189 26 17.36 German stocks rose as the dollar regained ground against the mark, easing concerns about the curren-cy-driven squeeze on exporters' earnings. Corporate news also drove several shares higher Mctallgesellschaft was the star performer with a gain of 16.5 per cent. A bond market rally supported stocks' gains. Boosted by
        189 words
      • Article
        Brussels
        188 26 -3.45 Belgian shares closed lower after a weaker dollar ended a tentative recovery. The Bel-20 Index closed 3.45 points lower at 1.463.39. Generale de Belgique and Electrabel were heavily traded. Generale de Belgique eased 40 francs to 2,220 on a volume of 121,500 shares. Electrabel climbed 20 to 6,480.
        188 words
      • Article
        Milan
        196 26 +43 Italian stocks rose for a sixth day, taking the benchmark index to a threemonth high, amid optimism about the stability of the government and speculation on lower interest rates. "The market just doesn't want to do down," said a trader. "There are some people looking to sell but
        196 words
      • Article
        Amsterdam
        258 26 -1.04 Dutch stocks closed mixed as declines in Philips Electronics and DSM were offset by higher bond markets. The EOE Index closed 1.04 points lower at 428.50. Among the 25 leading stocks, 14 fell, three closed unchanged and eight rose. About 11.7 million shares changed hands. The decline was
        258 words
      • Article
        Stockholm
        141 26 10.52 Swedish shares closed short of a new all-time high yesterday morning. The OMX Index peaked at 1,257.92 points, surpassing the previous high of 1,253.3 points on Feb 3, 1994. However, shares slipped back later in the day as bond yields began to edge up. The index closed at
        141 words
      • Article
        Zurich
        238 26 Swiss shares fell back from earlier highs due to profittaking, but still managed to close with slight gains. Dealers said the market was technically overbought and yesterday may have been the beginning of a mild consolidation period. The broad SPI Index closed 4.82 points higher at 1,799.86 after an
        238 words
      • Article
        New York
        749 26 -6.57 Stock prices turned narrowly mixed in active trading early yesterday as profit taking restrained the markets response to a bond rally following weaker-than- expected economic news. The Dow Jones Industrial Average, which rose 6.91 points to a new all-time high 4,437.47 on Monday, was down 6.57 to
        749 words
      • Article
        Johannesburg
        379 26 -19.4 A dip in London shares and concern about local economic prospects dampened sentiment, leaving shares mildly lower in slow trade. Dealers said investors had been sidelined amid concern over prospects for extended world equity market strength and about local GDP figures released on Monday, which they said could
        379 words
    • Article, Illustration
      Lock icon HONGKONG
      3096 27 Bloomberg Business News HONGKONG Stocks were mixed as property shares slumped and utility stocks rose following a positive earnings report from HK Telecom. Cheung Kong, the territory's largest property developer, led the property sector lower after press reports that its chairman. Li Ka-shing. put most of his personal fortune
      Bloomberg Business News  -  3,096 words
    • Article, Illustration
      Lock icon CHINA
      626 27 CLSA IN Hongkong, the H share index added 3.82 points to 1.165.21 on a turnover of HKSBO million. The major gainers were Yizheng Chemical and Tsingtao. up 3.6 per cent and 3.2 per cent respectively. Shanghai B shares continued their upward momentum. rising 0.4 per cent on improved turnover
      CLSA  -  626 words
    • Article, Illustration
      Lock icon TOKYO
      2558 27 Bloomberg Business News TOKYO Stocks declined yesterday as trouble at two of Japan's second-tier brokerages underscored a weak earnings outlook for the industry. "What it comes down to is that the whole market is very weak," said a trader. "It's really something that's long overdue, and it just brings
      Bloomberg Business News; Source: Bridge Info  -  2,558 words
    • Article, Illustration
      Lock icon BANGKOK
      1901 27 Bloomberg Business News BANGKOK Stocks were mixed as bank issues rose on profit reports and prospects for economic growth. Brokerage issues were mostly lower, as many investors decided recent gains were excessive given earnings potential. Communications issues were mixed, as several reported first quarter earnings. "The big rally has
      Bloomberg Business News; Source: Bridge Info  -  1,901 words
    • Article, Illustration
      Lock icon JAKARTA
      1187 27 Reuter JAKARTA Share prices closed mixed, with players seen taking profits following a sharp rise last week, brokers said. "Now it seems to be the best time to unload stocks and take profits after the rise last week." one broker said. Smart was among the biggest losers, falling 400
      Reuter; Source: Bridge Info  -  1,187 words
    • Article
      CLOB INTERNATIONAL
      2683 28 (.r IW Last \ul Day iMgwlr Di» IN* 1M Vrt M Cap •i«h l ow C utnpan) Sale ('000) High l ow Bum Seller S Cur N PIt S«il MALAYSIAN STOCKS 478 196 m AISB Mfc 402 +40 1980 404 364 402 406 JO -2•» 02 41 2
      2,683 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares rise as foreign funds continue to flow in
        7333 28 Bloomberg Business News KUALA LUMPUR Stocks rose for a third day as foreign investors continued buying Malaysian shares on hopes of stable interest rates, analysts said. "It is still foreign money coming in," said a dealer. "Buying was reasonably well spread
        Bloomberg Business News; Source: Bridge Info  -  7,333 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        9379 29 MAIN BOARD L_—____________________________________________ <«r M »l IW last V«| l)j> last Qwilf Di» r>i» \W Net C*» A»g Hitch lux timpani Sale 000) lli«h Lw Buyer Seller Of P'K *»>l Price INDUSTRIAL AND COMMERCIAL 4*2 3*2 ml s Vina 50c 412 cd unch 233 41* 410 412 414 22.* 2.7
        9,379 words
      • Article, Illustration
        Lock icon Prices rise after early hiccup over economic data
        1904 30  -  By R Sivanithy SINGAPORE The local stock market yesterday picked up where it left ofT last week, powered mainly by sustained interest in Malaysian shares throughout the day. Interest in local stocks was first muted after news that the economy had slowed
        Charts by Bridge info; Source: Bloomberg  -  1,904 words
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      433 19 NEWS VALUE Growth in Ist qtr slows to 7.2% but still on track for 7.5-8.5% this year (pg I) Below expectations. But the softer growth is expected to be a blessing for the stock market. Indian minister's remarks add to confusion over SIA-Tata tie-up (pg 1) Investors have understandably reacted
      433 words
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      201 20 B U S I N_E S S TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 1 lUSlii Certified Public I I Accountants of Singapore I I Salary in the region of 5575,000 per annum H The Institute of Certified Public Accountants of Singapore is seeking a Practice H Review Manager. The
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      146 21 NEW SERVICE 8747 ..TOKYO First class? Business ckss?^^^ iSa w Ifihr f a vvtSSt I JS&-r- Aw, I II II II ll* full 60« reclining I I I I I V reclines to a full 49« LJU LJ LJ iLJ sleeper-type seats LJ® LJ LJ M M adjustable headrest adjustable
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      387 22 UOBUR9 GO I F REGIONAL P® WITH V2SL SOUTH KOREA 1 p~ YOUR CPF LH® SAVINGS. Lq I Invest in the 1 I United Basic Regional Fund 1 ■fffPfPJIM or the United Enhanced p\\\\.\p?\UtS liiUllll Regional Fund. V- We're United With its booming economies consistently yielding high cover investments approved
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      311 23 THE TEMPERATURE IS RISING IN SYDNEY REAL ESTATE A 40 L W SYDNEY CBD well located central city office tower currently 70% leased and improving. A good buy below A 52,500 per square metre. CITY LOCATION new 10 year lease to the Australian Government. Modern office tower will show initial
      311 words
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      Page 23 Advertisements Column 2
      265 23 t -*sg£T. IN-DEPTH "SB BUSINESS WgSL m^e NEWS FROM I CIIIPADfIDE rS m olNuArUnt PERSPECTIVE For over two decades Singapore Business has covered the local and regional business scenes with more depth and breadth-from j Mr/MrsMssWs: occupaw a perspective which is more relevant to J company: local businessmen than any
      265 words
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      179 25 Financial New s Kjl A Quick Look At The I Mfl I Market! Call 24 hours a day for I 1 SES KLSE midday I I reports, I I market reports and business news. Cost: 30 cents a minute Organised by: BE|j{]jj)g An SPH AudioTcx Servicc irrrjTl #1 OFFSHORE 1
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      20 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
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      26 27 ACTAL NEUTRALISES STOMACH ACID. quick relief from stomach discomfort, I FAST-ACTING ANTACID j%. Sterling gaStric pain indigeS I Health tion and heartburn. Ht4BrflUS/VA v0 s 2
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      108 28 Stop by any Hong Leong Finance or Singapore Finance branch with your share scrips, allocation slips and contract notes. Period 1 Discounted* %p.a. Receive cash over the counter up to 70%* of the current j month 0.9 10 89 market value or cap price (whichever is lower). 2 months 1.7
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      61 29 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, you can prosper through a wide range of investments. Local and Foreign Currency Time Deposits, Unfixed Time Deposits, Foreign Currencies, Unit Trusts and more. Just call our 24-Hour CitiPhone Banking toll-free on (1800) 225-5225 for your share of
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      25 30 TOLL FREE TEL. No. 1-800-741-1883 I AX 741-1298 AD-LIB Candid views from people in the news. Conversations At Raffles. Every Other Saturday. Singapore# Business Times
      25 words
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      Page 30 Advertisements Column 2
      489 30 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF RT CONSULTANTS PTE LTD (la Mcmbm- Votuntnry Uqaidarioa) NOTICE or RESOLUTIONS Al an Extraordinary General Meeting of the members of die *MMMd Company duly convened and held al 27 Fock Road •02-06 Hoa Nn Building Singapore
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      350 30 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 PAMADAS TRADERS (S) PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 39 Sixth Avenue. #03 03 Guthrie Building. Singapore 1027 on 13 May 1995. the following resolutions were duly passed 1. SPECIAL
      350 words
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      Page 30 Advertisements Column 4
      496 30 IN THE MATTER OF THE COMPANIES ACT, CAP. St AND IN THE MATTER OF MARA ASIA PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company, duly convened and held at 89 Short Street. #104)1 Golden Wall Centre. Singaporeo7lBon 11
      496 words
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  • Shipping Times
    • Article, Illustration
      Sembawang Maritime buys Star Ferry Services
      403 31  -  By Rahita Elias SINGAPORE Sembawang Maritime Ltd has further expanded its fast-growing ferry services business through the $1.75 million acquisition of ferry operator Star Ferry Services. In a statement issued yesterday, the company said that the purchase was transacted through SML subsidiary Kalpin Tours.
      403 words
    • Article
      Lock icon Pressure on container rates seen at end '96
      471 31 Journal of Commerce SEOUL The end of 1996 will see Jiarsh rate pressure on the container shipping industry as enormous new ships come on line and intensify competition. Carriers, however, will cooperate more closely than they did during the mid-1980s bloodbath to
      Journal of Commerce  -  471 words
    • Article
      Lock icon US to benefit from privatised Mexico ports
      303 31 Reuter HOUSTON The upcoming privatisation of Mexico's ports will spark greater activity at US port facilities as more cargo is carried to and from Mexico by ship rather than by truck, Mexican officials say. "A more efficient Mexican port system will convince more
      Reuter  -  303 words
    • Article
      MARITIME STOCKS
      324 31 SES *000 \lay 16 S$ Vol CWT Distribution L 1.73 +0.03 118 CWT Distribution A 1.51 Chuan Hup Holdings 1.2 +0.01 Cosco Investment S 1.69 -0.01 Cosco Investment A 1.6 unch Far East Levingsto 6.6 -0.25 273 GB Holdings Ltd 0.785 -0.015 Hai Sun Hup Group 1.45 +0.12
      324 words
    • Article
      Lock icon Asia to account for 12% of world shiprepair facilities by 1998: report
      602 31 MBT KUALA LUMPUR The world's shiprepair facilities are expected to rise to 563 in 1996. and 570 in 1998, with Asia spearheading the new development and capacity expansion, Ocean Shipping Consultants Limited said. In a report, it said
      MBT  -  602 words
    • Article, Illustration
      Lock icon Fire aboard Philippine ferry kills 38
      394 31 AP MANILA At least 38 people were killed in a blaze aboard an inter-island ferry in the central Philippines early yesterday, coast guard and police said. Rescuers were searching for the 23 others confirmed missing, said Lt Commander Benjamin Niebres, chief of the sth
      AP; Reuter  -  394 words
    • Article
      Steamers buys container ship for US$ 20m
      152 31 SINGAPORE Steamers Maritime, a member of the Keppel Corp stable, has acquired a new container ship for about USS2O million (Ss2B million). According to a company statement issued yesterday, the ship is called ACX Aster. The ship is the second new generation container
      152 words
    • Article
      Lock icon Japan's ship orders plunge
      71 31 AFP TOKYO Japan received 452,300 tonnes in export ship orders in April, down 42.5 per cent from a year earlier, hit by a stronger yen. the Japan Ship Exporters Association said yesterday. The actual number of ships ordered in the month was nine, down from 21
      AFP  -  71 words
    • Article, Illustration
      Lock icon Big Four growing at express speed
      968 32  -  The global express market is one with above average growth. It is dominated by four major companies UPS, FedEx, DHL and TNT. Ron Sulser takes a look at their activities Rolf Sulser International Transport Journal THE EXPRESS market is an extremely heterogeneous field of
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    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      495 32 Page ABC Com 16 •ANL 3 •APL 12 Able 7 Accord 8 •Ahlers 6 •Ahrenkiel 4 Antaco 13 •Appenship 4 Arowana 15 Astro 8 Austral 9 Avant 6 B'tang Mas 12 BSA 9 BTL 16 Bangladesh 12 Batamindo 7 •Blue Star 8 •C-Polish
      495 words
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      THE SHIPPING GUIDE THE SHIPPING GUIDE
      9912 40 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement. ETA ETA Llm Vessel Voyage Pg ETi SM testa Nam
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    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        625 49 Voy Wo Bertfc Arrival Departut inrong Port Batam Bahagia 05/03/95 J1 alongside 17 05.2315 08 05/03/95 J1 alongside 17.05/2330 05/05/95 J1 alongsde 17 05/1300 .Prasetya Leslari P97 J1 alongside 17 05/2300 Surya Sakti 05/05/95 J4 alongside 17 05/2300 Swyati I Y19 J9 alongside 1705/2300 Usaha Baru 07/95
        625 words
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        CONTAINER SCHEDULES
        1439 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofcini, Balance Rstts SNp Voy No Etb/Btr Penod From To From Ac* Daisy 065B 19/2359 4 17/1200 17/1459 17/1700 Aa Jade 238B 19/1100 3 17/0700 17/1159 17/1400 4 17/1200 17/1459 17/1700 An Fremantle 25S 18/1900 1A 16/1500 16/1659 16/1900
        1,439 words
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        COCKETT BUNKER MARKET REPORT
        900 49 THIS 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 the individual
        900 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Aircraft orders expected to hit US$l trillion in next 15 years
        424 50  -  By Alec Almazan SINGAPORE Demand for new planes is expected to hit 15,400 units with a value of USSI trillion" (SSI.4 trillion) over the next 15 years, according to US aircraft manufacturer Boeing Co. "From 1995 to 2010 the
        424 words
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        Lock icon UAL to use B777 on transatlantic routes
        336 50 Bloomberg Business News CHICAGO UAL Corps United Airlines is set to service transatlantic routes with its first Boeing 777, which Boeing will officially deliver in Seattle today. The new jet, the world's largest two-engine airplane, and the first of 34 UAL is getting,
        Bloomberg Business News; Reuter  -  336 words
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        Lock icon Kiwi International makes profit for second consecutive month
        351 50 Bloomberg Business News NEWARK, New Jersey Kiwi International Air Lines, which underwent two management shakeups earlier this year, is making money, the company said on Monday. The employee-owned airline said it earned U*****,000 (SSI.3 million) on revenue of US$l5.4 million in April.
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        Lock icon Shortened version of 777 under study
        145 50 AFP SEATTLE, Washington Boeing, the world's largest planemaker, is considering building a shortened version of its next twin-engine 777 passenger jet for long-haul flights, the company's spokesman said on Monday. "We are studying it," said Boeing spokesman Donna Mikov, who added that discus- sions
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        Lock icon French, UK rail firms bid to keep Eurotunnel rights
        160 50 AFP PARIS British Rail (BR) and the French national rail company SNCF will seek to overturn a European Commission ruling forcing them to hand over 25 per cent of usage rights to Eurotunnel to other rail firms, they said in a
        AFP  -  160 words
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        Lock icon Heathrow's expansion plan faces long queue of opponents
        371 50 AP LONDON The longest line at Heathrow airport is the queue of people waiting to denounce plans to make Europe's busiest airport even bigger. More than 2,000 people arc signed up to testify at a public hearing that started yesterday, most of
        AP  -  371 words
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        Lock icon SAS stops Ukraine flights, blames it on 15% tax
        164 50 Reuter STOCKHOLM Scandinavian Airlines System said on Monday it had been forced to stop its flights to the Ukrainian capital Kiev due to a 15 per cent tax levied on all its earnings on the route. "The Ukrainian government has imposed
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      • LOG BOOK
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          Lock icon Korean Air flying to Tel Aviv
          57 50 Reuter JERUSALEM Korean Air, the national carrier of South Korea, is starting flights to Tel Aviv. Israel's transport ministry has announced. It will operate a weekly flight between Seoul and Tel Aviv. Israel's national carrier El Al began flying to Seoul last month and
          Reuter  -  57 words
        • Article
          Lock icon Brambles buys Aussie forklift business
          83 50 Bloomberg Business News MELBOURNE Australian transport group Brambles Industries said it had acquired a forklift rental business from P&O Australia for A 525.8 million (5526.9 million). Brambles said the business was regarded by P&O, a subsidiary of British shipping group Peninsular Oriental Steam Navigation Co,
          Bloomberg Business News  -  83 words
        • Article
          Lock icon HK govt wants ferry to keep franchise
          84 50 Bloomberg Business News HONGKONG The Hongkong government wants to legally bind Hong Kong Ferry (Holdings) to its ferry service franchise after piers in Hongkong's Central district are moved as a pa»t of waterfront reclamation, the Chinese-language Hongkong Economic Journal has reported. The government
          Bloomberg Business News  -  84 words
        • Article
          Lock icon Uzbekistan gets French help
          85 50 Reuter MOSCOW France will loan Uzbekistan U5537.7 million (5553.2 million) to help the former Soviet republic modernise its air traffic control system, a French economics ministry official said. The official, who asked not to be identified, said this loan would help Uzbekistan pay for a contract
          Reuter  -  85 words
      • Article
        Lock icon South Korea increases car output by 17%
        185 50 Ber-nama-Xinhua SEOUL South Korea's car production has increased by 17 per cent to 869.500 units during the first four months of this year, the International Trade and Industry Ministry said yesterday. The figure included 631,600 passenger cars, 47,000 jeeps and 190,900 commercial vehicles.
        Bernama-Xinhua  -  185 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1432 50 AIRCRAFT ARRIVALS DEPARTURES City FligM ETA Plight ETD MmMuM cm 156 1735 GA974 0020 GA984 0310 SQ442 2000 OK 157 2020 SQ227 2030 >—M RJ182 1440 RJ183 2210 «mMM KL843 0455 KL832 2300 GA893 1310 SQ632 2355 KL837 1450 SQ323 1555 Auckland NZ21 1820 NZ22 1940 SQ288 2050 SQ285 2045
        1,432 words
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      73 31 Drager z> SAFETY EQUIPMENT ft 9| (SOLAS APPROVED) PA9O MARINE V Specifically Designed Breathing Apparatus For Maritime Applications HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORD ABLE W Draeger South East Asia Pte Ltd 67 Aver Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING Global
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      220 31 IHJHOKOX LINE AGENCIES PTE ITP WEEKLY LCL TO: Algeciras *Laspalmas Barcelona Madrid Bilbao Tenerife Ceuta Valencia DON'T MISS THF, WORLD'S I FADING CHEMICAL CONFERENCE. Visit Marichem, the leading trade Exhibition and Conference for the petro-chemical industry, and meet the people in charge of distributing chemicals and plastics from plant to
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      1268 32 i mmmmmmcA i i other destinations ~1 i north america DIRECT CALL TO WIBT COAST WOO WIBT COA«T MMQAPORg CAUFOWNU PtPHMi P«gCT WIOM WCTT COAgT) 1 *55 yOT JPWf J mi 'houstw cmc ir mbko mm Iwr lIP TSjpngimJ hum! mmbbiwalw caubmlim uwBBD |kmwj>|iiu»cm|«» MMawf M) unwßß oakumi wwawva ami
      1,268 words
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      375 32 Lines and services represented by Members of the Registry of Accredited (s(fiSjW Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089 gniCHHELO MAAME AOENCES (S) PTE LTD -i TEL: *****33 (12 UNES) FAX: *****18/*****03 TELEX: R8 ***** MSMP P Una) CR NO: **********0E BIT PINO
      375 words
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      1089 33 STTTv FOONG SUN r SHIPPING (PTE) LTD WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0511 ■OOKINOffMQUimKS CR NO: **********0W TEL: *****95 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP Jl'iM J VESSEL VOY ETA ETO DESTINATION SUN RAY MS 22/5 24/5 PLAJU/PALEMBAMG NEE DIAKI 7/95 22/5 24/5 PONTIANAX/SINTETE 6UIF KHALIO 9/95 22/5
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      1215 33 EXPORT TO: JEDDAH/UK/CONTINENT VBSU/VOY [STOW *D t'DAM rWK MM STON UN AlwAta—tCayhr MM 1115 H/05 M/M 11/K gy "JJ IOUQTt tfltU 1205 22/ M 11/ M IS/0* 11/* 11/* 12/* fn MKAPBAMH2M 20/ M 11/ M 11/* 15/* 17/* »555* MEDITERRANEAN (MED CLUB)* VfSSO/VOT M MM MaMta USfufe Oo to
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      916 33 HANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 eg TEL:- *****30-233 DOCUMENT TEL: *****71-275 FDR WSI SM UNE HAUL S£A YVR POX FDR VSL SIN UNE HAUL SAV H.M NYC HANJM LEHAVRE 0301 I*s DIRECT I* *6 10* HANJIN POHANGIS9I I*s H BARCELONA 024E 22* 23* 24* HANJIN ROTTEROAM 0301
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      1312 34 wssa voy smwott iedom um- soimuorrow wggs mttbdam mar umw JM4 oa/iu 11/5 M 31/s u/s 30/s igowmro 2SAII W W 2Z5 Hi id 14 Hi W— STUTTGACT EXPVESS 0»/ll* l«/ 5 V* 7/4 5/4 4/4 PTAk6 MM Wt m ~yr~ iVt M g Wi M pgaaamss n/i» ?vs LkS
      1,312 words
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      1079 34 I NORAsnr INTRODUCING OUR UPGRADED MID WEEK AME 10 SERVICE WITH SHORTER TRANSIT TIME: HAMBURG 22 DAYS ROTTERDAM 23 DAYS ANTWERP 25 DAYS FELIXSTOWE 24 DAYS LE HAVRE 26 DAYS FOR MORE DETAILS, PLEASE CONTACT: DORIS NGE PAGER *****08 CALVIN WONG *****46 WILSON SUM *****88 TAN SEOW CHUAN TELEPHONE *****83
      1,079 words
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      Page 34 Advertisements Column 3
      552 34 I CENTARUS 28/5 Rdm/AtwAJK/Nvtos I I ARIEL 25/5 2/6 Rdm/AtwAJK/Nantes I Loads E7W Malaysia. Indonesia B Loading for jj LKAVAN Dubat/DarrrnarvKuwait/HodeidafVJdh I JeddafVPort Said I TAL l>Jba»/t)arrrnan/Kawart/BahrairVDoha I gapore, E7W. Mateysta. Indonesia I Loading for I ADTTYA GOPAL Los Angeles/New Orleans/ I I ChartestorVNorfolk/Camden I I OCEAN ISLAND Lot Angeles/New
      552 words
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      1173 35 H STRAITS SHIPPING PTE LTD 10 Hm Ckiaai Roai #11-01 K»pp«i Tnrara Sli|«pof 0200 Ttl: *****00 Fax: *****17 Ud:II]UAJ»U.rE!!Ib&JSL new guinea pacific uNg /SffigLJ (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAILS iQwirV «hw.U».Mi 10-17 May llMay V 2t Mmti. La». KX 19-20 M>y 21 May 22 May WCCIO.
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      2082 35 P&O Ootltfl 1 Tiers ContainerB (Singapore Agencies) Pte Ltd wT T!; W* U 10 Hoc Chiang Road, #074)1 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE le':I e 125I 25 2233 Te, RS ***** FNOCSP 2" 5327/222 7517 CR Number *****9 *****Z *"*•> *0* F»5O 'MCO UN sou ANT HOT
      2,082 words
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      Page 35 Advertisements Column 3
      502 35 outmoump m ra jom m hp wo a b mrowßi owmjm MM HM 221 AMIS Hi If UM 17-UM Ml 2W ZMI 2HI SM HM IIM VMNHAI2IO4MI4 14*9 ISMI 17M9 IHM9 2SM9MM92M9 2M9 31MB 01MQ BBMB VMMHMMMM 17M HM 2MI gjg 27M9 2M9 SM9 MM MM I7M MM SMMMBMi 21M9
      502 words
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      1053 36 EUROPE/UK/SCANDINAVIA/FINLAND/RUBBIA nriir s z r as a s 1 a a j»[f] E REWARD RW 013 27/5 1M 1M ?Ofl 21/S I GENTLE RE 060 2* W W M 4fl Jl/8 E RIGHT RW-010 3/1 23* 25/0 278 W1 E GREET RE Ml 7/5 1M MS 1M M SB 7*
      1,053 words
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      847 36 PERSIAN GULF SERVICE H vtssfi my a» m m mm m 1 on 1 m I MESERLANO 300 24M 04M OBM l7 m nm B UM CONCERT 0349 OH* 7106 07« IMB MB ,a« 1 M Z uwconcoro usee* m 'iw -sne »m UN CORONA WI«2W IMB 2MB 2MB 27«
      847 words
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      Page 36 Advertisements Column 3
      539 36 SEAWARD SHIPPING AND k TRADING CO (S) PTE LTD i ETA fTA ETA SPORE PORT KELANG POANG I BLUE JADE 20/5 18/5 Loading toe Male IRUVAIHUOMU 22/5 LoaOng tor Japanese Ports PIONEER SUPREME 25/5 Loading for Male M UMMEEDH 20/5 loading tor Male PROGRESS ÜBERTY 3<V5 I Loading tor Bangkok
      539 words
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      2528 37 EUROPE EXPRESS VFELIXSTOWE, WIIUKMi and Hamburg t!»wnl Simrtl AfflS HI (6fnl) TZHttt MNIMM# Af«»cr Dtp! CO STAR SHIPPING PTF I TO F" t*fr»l] 2Z»IUt C»»ttl»tr 4t*****/U4 Cftllnr Ire *A 4tHU2 o»tr»U§» Cfltt—r 41H71i r*,t?» W,,IITM HHtlttM cosmr CiirMNMlf 4tt9tsl WO *tU7K CnN>H»i' »H741 oil I 111 Ttwtr I CK l
      2,528 words
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      Page 37 Advertisements Column 2
      789 37 FAMOUS CONTAINER LINES i 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) o o NEXT 4 GROUPAGESERVICE TO XINGANG ETA: 20TH MAY 95 CONTACT: KEN SIM/SYLVIA HOTLINE: *****33 (30 LINES) P KLANG PH: 0203/*****02 (10 UNES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 GLOBEUNK FORWARDERS
      789 words
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      824 38 VOY r? =£1 9 |VESSEL VOY }^m zm Wd fct Pt st avs kota jade jaoom id mpt ~7rt —HST" 1328 Thu 18/5 Sun _21/5_ BUNQA SEROJA ~5075 ThJ~" "iij Sat XVtT I 80S Sun 21/5 W«d 24/8 I THANA BHUM 122N "tIS 23/5 W«5~" S4/1 2788 Wd 24/9 St
      824 words
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      Page 38 Advertisements Column 2
      914 38 70 ANSON ROAD, *21-01, SINGAPORE 0207 TEL: *****02 FAX: *****57 CR i **********01^; STRAITS SHUTTLE SERVICE PORT KLANQ PENANG VESSEL I VOY I SIN PKL VESSEL VOY SW pa SEA LAUREL 388N 186 (THU) 196 (FBI) XOURJAYA ***** 176 (WED) 1&5(FR1) EAGLE BREEZE 204 A 186 (THU) 206 (SAT) MCC
      914 words
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      648 39 BSA MYANMA WUMI FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S»r« P Klg PEN P.Gdg SITTWE nn SLO PATHEIN VI32W SLO PAGAN V22OW 18/05 MALAYSIA AGENTS: BOUSTEAO SHIPPING AGENCIES KUI TEL 02-03-*****00 PKL: TEL 02 03-*****01 PEN: TEL 02-04-2C***** PGO: TEL 02 07-*****21/4 |gH NIGERIAN NATIONAL SHIPPING
      648 words
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      833 39 aaaaPff pacific international lines <pte) ltd^ 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO **********06 TO MUKALLA AND MASSAWA EVERY 20 DAYS TRANSIT TIME TO MUK -14 DAYS, TO MSW -17 DAYS SEE OUR NEXT SCHEDULE OR CALL US FOR DETAILS I VESSEL VOV SIN TMM MBA
      833 words
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      Page 39 Advertisements Column 3
      846 39 **********0Z VESSELS VOY SN LE HAVRE HAMBURG THAMES ROTTERDAM ANTWERP BALTIC SKOU TOBW 16/06 18AM 14*06 I*o6 15/06 VMJ-E 06 LIBRA LP9M 23/06 13/06 15/06 17/06 16/06 19/06 VfcLEOE NORMA HO9H 31/06 ZVOb 22/06 MM asH VILLE OE CARINA CO9W 06/06 Z7A» 2&06 oiw 02*7 5^7 ALSO ACCEPTING CARGO TO
      846 words
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      1950 42 44_ AS AGENTS: "K" UNE (SINGAPORE) PTI LTD (CK»I244«7MM*«T HK N& K2-0017MMI TEL. *****77 TELEX: KAWAKI RS23I6SfAX: *****16/7/8/9 V V MALAYSIA: T UNE MARITIME (MALAYSIA) SON BND I U TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU*****256 INDONESIA: P.T. SARANA LAUT INTERNUSA, TEL JKT *****08 f export n.
      1,950 words
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      Page 42 Advertisements Column 2
      1496 42 AMERICAN PRESIDENT LINES, LTD. 19 KEPP€L ROAD *02-01 JIT POH BUILDING SINGAPORE CgQB MAIN LINE 225-9966 CUSTOMER SERVICE 226'225 FAX EAGLE VOCE 3Z19-4M CFS ?7QTO NORTH AMERICA A CANADA WEEKLY CONTAINERIZED SERVICE im inn [jn in i rvma.'voTACi italtw iomlvmilcw I oai I hou I«n Iwe I'M [""I pmcNMiH mm
      1,496 words
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      643 43 (A WHOLLY-OWNED SUBSOARY OF Ml) Official Agent of; CAsKl^laA (SKA ft AIRFREIGHT) wwlll IUCV TRANSPORT QMBM Uim INTERNATIONALE SPEDmON MAINLINE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETD ETD COLOMBO 22/06 ***** CHfTTAQONO 23/06 29/06 CALCUTTA 26/06 06/06 60MBAY/MSW DCLHI 22/06 29/06 KARACHI 22/06 29/06 MADRAS 22/06 26/06 USA/EUROPE btd
      643 words
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      Page 43 Advertisements Column 2
      1509 43 SPORE TO PANAMA 26 DAYS, CARIBBEAN 32 DAYS CR 1000M*****VI O sln Pkg i#d Son Ufc Rtm Anf• Ham Bill Hsm Sou lrv<l) Htn(2) Loh PkM Sin RHINE /1195 17/5 17/5 19/5 17/S(F) 8/6 10/6 4/6 5/6 6/6 NLL ASM /4175 23/4 16/4 27/4 24/4 18/5 20/5 NLL AFRICA /3205
      1,509 words
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      Page 43 Advertisements Column 3
      736 43 sex: "CALIFORNIA LUNA 74' eta sgp 24/05/95 I H H arriving LOS ANGELES 10/06/95 in 16 days I I T Tfc I aex: 'CALIFORNIA ZEUS 61E' eta sgp 24/05/95 I ARRIVING NEW YORK 17/06/95 IN 23 DAYS 01 EXPORT WNfIAWM CAUFOHNU BXUMM (9CX)TOi llfO dAIMPA vwm m oak y«( mr
      736 words
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      1471 44 ■□li'lHiHH'L'ia U.S.A. CANADA 3 TIMES A WEEK MAERSK TACOMA V.9508 ETA SIN 22ND MAY 1995 MARIT MAERSK V.9506 ETA SIN 23RD MAY 199S AXEL MAERSK V.9510 ETA SIN 24TH MAY 1995 Vm* toy ETA I ETD 1 DESTINATIONS N«t wMk STH sirmq MARIT MAERSK *9506 AXEL MAERSK V.9510 |g|||g|»|gH|g||gM|||ggßaf|jgQ mm
      1,471 words
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      Page 44 Advertisements Column 2
      738 44 TO E. CANADA US ATLANTIC US GULF LOAONG VOY SPORE P KELANG HALIFAX N YORK NORFOLK N.ORLEANS SAVANNAH TAMPCO HOUSTON HOEOH DRAKE 0430 Ifi/16May 20 Jun 23Jun 26 Jun 3JU 29 Jun 7 Jul 12Jd HEOGH DYKE 0630 2*3oMay 22 May H 7 Jul 10JU 13JU 20 Jul 10 Jul
      738 words
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      Page 44 Advertisements Column 3
      571 44 I MMtayd j FULL CONTAINER SERVICES j liHNMMMn ma n« iw imi i«« iwi iiS mm MUKMM MM WWM M M nuu m mM M am am am moundc whm imi imi mm nm u« imi imi am hum mhi imi imi an imi imi ctvhm ww imi vm am
      571 words
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      925 45 CONSOLIDATION TO BUSAN Singapore FIRST FORWARDER IN OFFERING TWICE WEEKLY i&^2 W .VB& LCL SERVICE TO BUSAN db. Call SANISA at DID 277 1058 (f(S)j)l 3L| for bookings NOW!!! Tel: Fax: Singapore 561 1668 272 9838 iMTtRHATXXAL SEA FREIGHT FORWARONG fk Also has offices in:- aho logbttcs services fi MALAYSIA
      925 words
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      Page 45 Advertisements Column 2
      1047 45 __«■—m—La m am—an_ bkl m. ksk—tn bmljbii m—ho—m_ _mhl _na_ L>g I'" MM MM MM ItH 17 H MM DAMME 7171 KB* KB SB U "2* 22 nm WJr BB HH MB W MM4171 ltd MM MH HH BM am 5" a mm 11* uh hh i7.m hm m imtm
      1,047 words
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      Page 45 Advertisements Column 3
      381 45 •JOINTLY OPERATED IY ATLAS UNE, CHITTAGONG KMTC UNE, SEOUL (ATLAS SHIPPING LINES LTD) (KOREA MARINE TRANSPORT CO. LTD) Vmml VoJ Sh CMWium Mngla H.YLOSHU 001 M/ 005 M/ 005 M/05/fS M V Al SWUttU I 007 04/005 10/005 14/005 1W 003 1 l/wn JVOOS H/105 TW 004 77/005 03/07/15 05/W»5
      381 words
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      303 46 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN IVCMCL VOY rw—l BOM coc ML KUfMKO MKO4M 17/06 WW 01/06 OLORY OUW43 29/06 03/06 KOTA MUTIAMA MUTO29 31/06 06*06 MANASLU 613 07/06 HOCHIMINH/HAI PHONG VESSEL VOY SIN HCM HPM VYSOKOOOnSX 06SVS6 21/06 *7/06 VYSOKOOOMSK 06M6 H/06 06/06 VYSOKOQOMSK 10«V»6
      303 words
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      Page 46 Advertisements Column 2
      158 46 i SIM FAR EAST 1 23/5 KEELUNG/KAOHSIUNG 22/5 BANGKOK 26/5 MANILA/CEBU 24/5 JAKARTA/BE LA WAN/SURABAYA 21/5 PORT KELANG/PENANG/E. MALAYSIA 22/5 BUSAN 121/5 TOKYO/YOKO/KOBE/NGO/OSA 21/5 HONG KONG SIN CHINA (+l9#±«fen) 21/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANT OU/SHEKOU OALIAN/SHANGHAI/XINGANG ITIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EURQPE/UK 23/5 LDN/FLX/LVP/SOU 23/5 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/
      158 words
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      Page 46 Advertisements Column 3
      336 46 I STAR SHIPPING AGENCIES (S) PTE LTD AOOtTS FOR: ZIM CONTAINER SIR VICE GOLD STAR UNE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6664 (8 LINES) FAX: *****70 W: *****12 (MARKmWG) WO. *****65Q000-E) N. AKIttKA/CARMfAM SCTVKIS j,'g£s£, rsr wi HMRv wr bV t*7t "tzt 177 V» X 11/5 Z.JAHN IS 14/4 ts/t
      336 words
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      Page 46 Advertisements Column 4
      388 46 VESSEL VOY SIN MAASIN| TIGER BAY 331N 18 20/05 24 2005 *****6 I TIGER CAPE 332N 22 2306 28-3106 050*06 I TIGER ISLAND 333N 2S-2705 3104/06 06-1006 I TIGER BRIDGE 334N »3005 *****6 12-1306 I TIGER BAY 336N *****6 07-1106 15-1706 I TIGER CAPE 336N 0506/06 11-1406 I I VESSEL
      388 words
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      Page 46 Advertisements Column 5
      215 46 m m mm mm m ma tm B aim hum g rrm mm mm I Muss&M7 iS»T jmi nm man 11Mr WTWW ItjjT IM7 mm HMT t\Hl 1 C HMUKM JM7 11 m I*m IMi ajm nc Auckland vsi m vr w* cw m i* aia huow m nm ggr
      215 words
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  • Page 47 Advertisements
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      Page 47 Advertisements Column 1
      317 47 xgx NEO SHIPPING n?n AGENCIES PTE LTD Tel: *****29 Fax: *****59 SPORE WEEKLY RO/RO-CONVENTIONAL SERVICE TO HO CHI MIHH TRANSIT 2 DAYS LOADING SINGAPORE ON ALSO ACCEPTING FCL' CTNRS TO HAIPHONG 25 MAY 95 HAIPHONG 30 MAY 95 WEEKLY CONTAINERS SERVICE TO BOMBAY TRANSIT 10-12 DAYS LOADING SINGAPORE ON: WEEKLY
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      Page 47 Advertisements Column 2
      451 47 FULL CONTAINER SIRVICI PROM SIN TO MADRAS VESSEL/VOV ETA SM ETA MAA TtOER CAPE 332N 22-23/05 29-31/05 PRAVDINSK 19 25-2S/0S 31-01/06 MV TtOER BRIOGE V 3JON SAILED 21-24/06 MV PESTOVO V.IS 1 9-20/05 25 28/05 MV BUNOA TERATAIV TERO39 11-IMS 24-27/05 TIGER BAY VI3IN 19-20W5 25-26/05 SEA DRAGON V ORGOSS
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      Page 47 Advertisements Column 3
      286 47 FOUR TIMES/WEEK SAIUNGS P. GUOANG/SPORE eta Eta VESSEL VOV PASJR GUOANG VOY SMOAPORE KUALA SIAKV 4078S 17/05 (WED) 4078 M 17/06 (WED) KUALA SIAKV 4070S 18/05 (THU) 4078 M 19/06 (FRII KUALA SIAKV 4060S 20/05 (SAT) 4060N 21/06 (SUN) KUALA SIAKV 4081S 24/05 (MON) 4061N 23/05 (TUE) KUALA SIAKV 4062S
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      Page 47 Advertisements Column 4
      320 47 CHINESE-POLISH I MA JOINT STOCK SHIPPING CO CONTAINER/BREAKBULK SIN PRACAV44 ANTWERPROTTERDAM/HAMOURGAjDYNIA JIAXING V.14 1H ANTWERPfIOTTEROAM/HAMBURGHDYNIA CEYNOWA VSO 19/5 CASABLANCA/ROTTERDAM CHONGMING VlO 23/5 HONGKONG/HUANGPUtINGANGDALIAN CHIPOLBAL SHIPPING PTE LTD (A JOINT VENTURE BETWEEN CHINESE POUSH JOWT STOCK SHIPPING CO AfC BALnC FAR EAST SUPPING PTE LTD) 2 MISTRI ROAD #10-00, HMC BUILDING,
      320 words
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      Page 47 Advertisements Column 5
      315 47 &9 ROHLIG ROHLIG INTERNATIONAL (S) PTE LTD Shipping I omardiag Virfm^M DAILY RECEIVING LCL CARGO TO YANGON ETA Destination 22/05 29/05 Hamburg. Bim>c»i 22/05 29/05 Loodoa. Manchester. Birmingham 12/05 22/05 Johannethurx Durban. Port Louto 18/05 25/05 Sydney. Frrmantic. Mrlboume 22/05 29/05 Bonhay. Madia* 20/05 24/05 Bangkok 18/05 30/05 Yangon WEEKLY
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      715 48 AFGHANISTAN M&M Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharun) ■wlOklVl C.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku. Dushanbe. I Miiitror a. Ui Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow. wimuer a Muncn Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea; Pyongyang, Nampo EXPRESS CONTAINER SERVICE to WEST COAST SOUTH AMERICA
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      Page 48 Advertisements Column 2
      374 48 mjkm MN CONTAINER LINES, INC I rrrTTTq Agents: MAC-NELS SPORE: *****22 (24 LINES) LU\y \2_J CMMOiiaPMTWOOM SiBU (064) *****9 KUCHMQ (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MAMLA (632) *****61 P. KELANG: (03) *****77 JAKARTA: (21)*****07 SURABAYA: (31) *****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE I PEN PKL SIN 5 SAILINGS/WEEK
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      Page 48 Advertisements Column 3
      574 48 STRAITS/JAPAN/STRAITS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS flu fru LOAMKKM vtssa ww ft < OSAUC OttUMMI M 17/S MIGHT VfGA 147 2S/S 24/S MUAAt M/S ANOHNU AMtATNA 4 74/S KUOMG 3/1 NNTUUIS/4 a 7/1 NAGOYA 14/4 TOKYO 1»/1 TUSHNO
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      137 49 REGIONAL WEATHER J loot. LEGEND: R Thunderstorm Temperoture C A\ V Viower Weother _y Wind direction with speed in knots Ro,n Ui Cloudy Sky Wov Surfoce winds or* indicated by arrows which tty with the wind One fu« circle represents calm or light and variable winds 1 One hotf Heche
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      Page 50 Advertisements Column 1
      32 50 KBMTRANS JV CARPENTARIA (S) PTE LTD 49 BEACH ROAD, #05-00 HEXAGON HOUSE, SINGAPORE 0718 TEL: 337 1117 FAX: 336 5488/337 5488 CONFIRMED SAILING EX SINGAPORE 20/5/95 HEAVY LIFT TO 80 TONS AVAILABLE
      32 words