The Business Times, 23 May 1995

Microfilm: NL19983
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Tuesday May 23 1995 85*
    12 words
  • 2am LATEST
    • Article
      Lock icon Clinton says yes to Lee Teng-hui visit
      57 1 AFP WASHINGTON President Bill Ginton has authorised a private visit to the US by Taiwan President Lee Teng-hui, the State Department said yesterday. It would be a "strictly private visit, so it's consistent with our policy of maintaining only unofficial contacts with Taiwan",
      AFP  -  57 words
    • Article
      Lock icon Merger will create 3rd largest UK bank
      35 1 Reuter HALIFAX Members of both the Leeds and Halifax building societies yesterday voted overwhelmingly in favour of a merger which will create Britain's third largest domestic bank. Reuter
      Reuter  -  35 words
  • Article
    MARKET SUMMARY
    172 1 Stock Market indices Monday Change ST1I 2,150.39 -8.54 KLSE Comp 1,009.46 -2.16 Nikkei 15,789.12 -351.73 Hang Seng 9,058.74 +45.42 SET Index 1,316.41 -7.33 Jakarta Comp 461.39 +2.68 Manila Comp 2,704.85 -21.11 Taipei WPI 5,705.50 -25.44 Seoul Comp 864.13 -11.55 Bombay BSE30 ..3,240.61 +87.07 CLSA China B 775.85 5.37
    172 words
  • Article
    Parkway to buy regional chain of Mount Elizabeth Hospital
    642 1  -  By Catherine Ong SINGAPORE Parkway Holdings, owner of Gleneagles Hospital, has agreed to buy the regional chain of Mount Elizabeth Hospital in a deal which will give the merged group a stranglehold on Singapore's private hospital market, as well as make
    642 words
  • Article
    Lock icon Dollar rallies against yen in New York
    389 1 Bloomberg Business News, Reuter NEW YORK The dollar rose to a seven-week high against the yen at noon here yesterday amid a growing perception that the US currency has bottomed out and is poised to rise. "The dollar has turned the corner," said
    Bloomberg Business News,; Reuter  -  389 words
  • Article
    Lock icon US, EU to target opening of Asean financial markets
    486 1 AFP BRUSSELS The European Union (EU) and the United States agreed yesterday to step up pressure on Asean and other emerging economies to open up their financial services sectors, EU Commission sources said after bilateral trade talks. US Trade Representative Mickey
    AFP  -  486 words
  • Article
    Jitters on Jakarta exchange as computers make their debut
    276 1  -  From Leslie Lopez in JAKARTA INVESTORS reacted nervously to the introduction of computerised trading on the Jakarta Stock Exchange yesterday. Volume was thin throughout the day, though the JSE Composite Index edged up 2.68 points to close at 461.39. Brokers attributed
    276 words
  • Article, Illustration
    Lock icon Nikkei dives 351 points to close below 16,000 level
    559 1  -  From Anthony Rowley in TOKYO TOKYO stock prices fell sharply yesterday, pulled down by a combination of factors including growing investor fears that Wall Street might suffer a big slide. The Nikkei-225 stock average fell 351.73 points or 2.18 per cent
    Source: Bridge Info  -  559 words
  • Article
    Lock icon Dow soars 54 points at 2am
    175 1 Reuter NEW YORK Stocks soared yesterday as investors shook off last week's setback and showed confidence that the bull market has yet to run its full course. At 2 pm EDT, the index was up 54.30 points at 4,395.63, but it was still below
    Reuter  -  175 words
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      6 1 Property: Pg to Strata offices, anyone?
      6 words
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      8 1 Hock Lock Siew: Pg Watch that Shanghai ritfy
      8 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Pace of loans growth slackens
        286 2  -  By Shiv Taneja LOANS to professionals and private individuals grew 2.5 per cent month on month in March to $14.4 billion, from $14 billion in the previous month despite credit curbs imposed by the Monetary Authority of Singapore. The latest data from the MAS shows
        Source: MAS  -  286 words
    • Article, Illustration
      Rafidah seeks stronger private sector ties
      417 2  -  High time S'pore and Malaysia industries played bigger role in economic tie-ups, says minister By Vikram Khanna LESS talk, more business. That's what's needed from the private sectors of Singapore and Malaysia if the economic complementarities between the two countries are to be fully
      417 words
    • Article, Illustration
      Business class fares to Bangkok may go up
      359 2  -  SIA, Cathay Pacific and Thai Airways to cut travel agency discounts By Alec Almazan BUSINESS class fares between Singapore and Bangkok are likely to increase as Singapore Airlines (SIA), Thai Airways and Cathay Pacific will cut travel agency discounts from June 15.
      359 words
    • Article, Illustration
      Packard Bell sets up regional HQ, may site manufacturing plant here
      396 2  -  By Claire Leow PACKARD Bell of the United States, the fourth largest computer company in the world, has set up a regional headquarters here and made key appointments. Packard Bell Electronics (Asia Pacific) was incorporated in March with an
      396 words
    • Article
      JLW appoints 12 directors and executive chairman
      461 2  -  By Conrad Raj transferred to the Hongkong office, returns as a local director in the same department. Australian-born Alex Wong is being brought in from the Sydney office to head the office agency, while William Legge is being promoted to local director in
      461 words
    • .
      • Article
        TDB to shift to Bugis Junction
        39 2 THE Trade Development Board will relocate from the World Trade Centre to Bugis Junction from June 1. All the board's divisions, including wholly owned subsidiary TDB Holdings, will be involved in the move.
        39 words
      • Article
        BG Yeo for Tokyo multimedia forum
        53 2 THE Minister for Information and the Arts, BG George Yeo, will visit Tokyo from May 24 to 25 to attend the Yomiuri Shimbun International Forum on Multimedia. He will give a talk on Cities as Information Hubs Singapore's IT2OOO Strategy, on the second day
        53 words
      • Article
        NOL chief appointed Namibia envoy
        43 2 HERMAN Hochstadt has been appointed Singapore's High Commissioner to the Republic of Namibia. Mr Hochstadt, who is also non-resident High Commissioner to South Africa, will reside in Singapore. He is chairman of Neptune Orient Lines and ECICS Holdings.
        43 words
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      289 2 1 e mar e 1 predictable. You may have been unable to get your Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately: To ensure a daily copy, cad Customer Services Section on 1800-749-2577, and ask for home or
      289 words
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      43 words
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      98 2 UNIVERSITY OF MASHKOT ■awosADigcruiiow Macarthur MBA (International Business) STRUCTURE I 18-month programme H 'Executive Training Series' workshop* to enhance participants' I professional image H by the University's faculty, complemented by local araVmirs jHH Qa» size is limited to 20 candidates per clan NTERNATIONAL FOCUS H Syllabus covers political, cultural and
      98 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Major Thai bills and projects placed on backburner
      468 3  -  From Loh Hui Yin in BANGKOK A SLEW of major economic and financial legislation and some mega-infrastructure projects are now in limbo with the dissolution of Parliament. Chief among them is the 1995/96 budget (October 95 to September 96) which the new
      468 words
    • Article
      Lock icon Asean looking at extradition treaties to combat crime
      201 3 AFP JAKARTA Asean members are to look into extending their extradition treaties in a bid to combat international crime in the region, a top military official said yesterday. "Looking at the developments in transnational crime and Asean police cooperation, it is already
      AFP  -  201 words
    • Article
      Lock icon Ramos pledges more reforms to free up industry
      206 3 AFP MANILA Philippine President Fidel Ramos yesterday promised further deregulation and a more stable business environment after his party secured a large majority in midterm congressional elections. "If there is one condition to describe what you can expect from the Philippines in
      AFP  -  206 words
    • Article
      Lock icon Asian health reform meeting seeks cure for high costs
      341 3 Reuter MANILA Health insurance programmes are open to widespread abuse by doctors and hospitals, adding heavily to the cost of providing health services, experts at an Asian health reform conference said yesterday. Insurance programmes, whether publicly or privately managed, tend to
      Reuter  -  341 words
    • NOTE BOOK
      • Article
        Lock icon New Sino-Viet border talks
        85 3 AFP HANOI A Chinese delegation arrived here yesterday for the fifth round of negotiations on a lingering Chinese-Vietnamese border dispute, an official source said. The dispute centres on 1,130 km of common border, set during Vietnam's French colonial era. Hanoi accuses Beijing of moving frontier markers
        AFP  -  85 words
      • Article
        Lock icon Thai economy will not overheat: board
        60 3 Bernama BANGKOK Although Thailand's economic growth rate was forecast at more than 8 per cent during the past consecutive years with high level of inflation rate, the overall Thai economy would not overheat. Thailand's Board of Investment (BOI) chief, Staporn Kavitanon, yesterday said the
        Bernama  -  60 words
      • Article
        Lock icon Call for review of bank security
        88 3 AFP MANILA The Philippine central bank and the local bankers' association yesterday called for a review of security measures to forestall a rise in bank robberies. Central bank governor Gabriel Singson said that one measure which would be imposed on banks was the "installation
        AFP  -  88 words
      • Article
        Lock icon Food prices soar in Vietnam
        93 3 AFP HANOI Food prices have been soaring in Vietnam since January, most notably pork, pushing up the inflation rate and burdening consumers' budget. The Vietnam News daily yesterday said the price of pork had increased by a record 2,000-to-5,000 dong (550.28 to 550.79) per kg
        AFP  -  93 words
    • Article
      Lock icon Singaporean jailed for life over Filipino job scam
      314 3 Reuter MANILA A Philippine court sentenced a Singaporean national to jail for life yesterday for masquerading as a job recruiter and duping six Filipinos into giving him money for jobs in Taiwan. Tan Tiong Meng was found guilty of large-scale illegal recruitment
      Reuter  -  314 words
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      43 3 Mjy Malayan Motors j|t u W lii> lit Lmnv 111 Vv y n *fr 4 f m lif'' jmetisai. Iu i tt» in.' W \\o< U> explain (jp tin' tit i f yi pra /L y j. SI R p. T [>, /\j i
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  • CHINA/HONGKONG /TAIWAN
    • Article
      Lock icon China's inflation fight under scrutiny
      499 4 Some economists suggest govt may be massaging data AFP BEIJING As Chinese officials hail progress in directing the country's economy towards a soft landing, some experts here are questioning the tactics being used by the government to achieve its annual targets. State Statistical Bureau (SSB)
      AFP  -  499 words
    • Article, Illustration
      Lock icon For more power to the people
      49 4 Reuter BEIJING Linesmen working on an electrical cable to supply power to a Beijing suburb. China is considering a law to save energy and reduce power shortages. It has chronic power shortages, with over 100 million people in rural areas without electricity. Reuter
      Reuter  -  49 words
    • Article
      Lock icon HK to release land for 19,200 private flats this year
      270 4 Bloomberg Business News HONGKONG The Hongkong government will this year offer land for double the number of privately-developed apartments as it did in fiscal 1994, Principal Government Land Agent James Hughes said. In releasing Hongkong's land sales programme through March
      Bloomberg Business News  -  270 words
    • Article
      Lock icon China's chemical sector major cause of pollution
      274 4 AFP BEIJING China's chemical industries spewed out 4.8 billion tonnes of waste water in 1994 and also contributed greatly to the country's worsening air pollution, the China Daily said yesterday. The sector accounted for one-fifth of the country's industrial waste water last year,
      AFP  -  274 words
    • CHINA WATCH
      • Article
        Lock icon Mum's surnames for China's babies?
        71 4 UPI BEIJING Anxious to halt abortions of female foetuses in favour male offspring, China's top population control agency proposed yesterday that children be given their mother's family names instead of their father's or a combination of both. switch "may help shatter the traditional prejudice that
        UPI  -  71 words
      • Article
        Lock icon First French consumer show in China
        80 4 AFP SHANGHAI More than 130 companies will take part in the first major French consumer goods fair in China, a four-day event in July aimed at increasing French exports to China, a French official said here yesterday. Consumer goods currently represent only 3.3 per
        AFP  -  80 words
      • Article
        Lock icon HK inflation rises to 9.6% in April
        83 4 AFP HONGKONG Hongkong's inflation rose to 9.6 per cent last month from a year earlier on higher basic food prices, the government said yesterday. The Census and Statistics Department said the rise in consumer price index (A), covering half of Hongkong's residents, mostly
        AFP  -  83 words
      • Article
        Lock icon TVB picks PanAmSat as vehicle
        49 4 AFP HONGKONG Hongkong's leading television network TVB International has selected US-based satellite operator PanAmSat for coverage of Taiwan and other north-east Asian cities. PanAmSat Corp said yesterday TVB planned to commence broadcasting via the former's Pacific Ocean region PAS-2 satellite later this year. AFP
        AFP  -  49 words
      • Article
        Lock icon Beijing to ease imports of 367 items
        71 4 Reuter BEIJING China has decided to ease import restrictions on 367 items, including crude oil, from June 30, the International Trade News said. Import permits and quotas on several items would be abolished, including crude oil, timber, plywood, wood pulp, cigarette filters and
        Reuter  -  71 words
    • Article
      Lock icon HK to set up autonomous corporation for new airport
      169 4 AFP HONGKONG The Hong- kong government yesterday announced legislation to set up an autonomous corporation to oversee and operate the territory's multi-billion dollar new airport. A government spokesman said the Airport Authority Bill would be introduced into the Legislative Council, with
      AFP  -  169 words
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      140 4 Warm Bk k( f^, ■jjtffl HHMMh Ha. Sandwiches BBEEBHKSH^HE!? lllMlil TS!i^^^^^^^^^^^HP r ."I^-.« rjjj* v Sandwiches "My mood was as black as my double espresso. But then in came that Texas Ranger to The Mezzanine,- a hunk of homebaked beer bread drizzled in Southern-style chilli butter, reclining on a bed
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      Page 5 Advertisements Column 1
      150 5 Engineered to move the human spirit. si--is ';W'> ?*£HHW ,<s^^33o Mother Nature gave man the most sophisticated mode of transport. The Mercedes-Benz S-Class merely elevated it. Long held as the pinnacle of motoring excellence, there is no doubt it is also the epitome of elegance, grace and beauty. And yet
      150 words
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  • ASIA
    • ASIA NOTES
      • Article
        Lock icon S Korea's trade imbalance set for record
        77 6 AFP SEOUL South Korea's trade imbalance is set to hit a record this year, with fast-growing imports expected to continue to outpace exports in the second half, government projections showed yesterday. The value of import licences, an important trend indicator, issued in April
        AFP  -  77 words
      • Article
        Lock icon Take-up rates for Aussie citizenship
        79 6 Reuter CANBERRA Hongkong-bom immigrants to Australia have one of the highest rates of taking citizenship among Asian migrants, according to a report released yesterday. Government Figures show 75.2 per cent of the 57,534 Hongkong-born people in Australia by the end of June 1991, had taken
        Reuter  -  79 words
      • Article
        Lock icon Prankster sets off Osaka bomb scare
        89 6 Reuter OSAKA A prankster who set off firecrackers at a building in the city of Osaka caused a brief bomb scare yesterday, highlighting the extent of public nervousness in the wake of the Tokyo gas attack. Security forces on high alert for possible repeat
        Reuter  -  89 words
      • Article
        Lock icon Bombay may lose commercial hub status
        96 6 Reuter BOMBAY Bombay may lose its position as India's commercial capital because it lacks the facilities to meet the needs of a booming economy, a business leader said yesterday. FT Khorakiwala, president of western India's leading Indian Merchants Chamber (IMC), said Bombay did not
        Reuter  -  96 words
      • Article
        Lock icon Evans to renew Lankan mediation offer
        105 6 AFP COLOMBO Australian Foreign Minister Gareth Evans arrived here yesterday as part of a tour of eight Indian Ocean states and was expected to renew his offer to mediate in the island's ethnic conflict. During his one-day visit, Mr Evans is expected to hold
        AFP  -  105 words
      • Article
        Lock icon Protest mars Habibie's Aussie visit
        60 6 AFP PERTH Protesters angry over Jakarta's East Timor policy demonstrated against Indonesian Research and Technology Minister BJ Habibie when he arrived here at the start of a 10-day Australian visit. Police said 120 protesters were waiting outside a central city hotel when the minister's party,
        AFP  -  60 words
    • Article
      Lock icon Keating to tell Japan of stand on US trade row
      410 6 AFP SYDNEY Australian Prime Minister Paul Keating will tell Japanese leaders this week he believes Washington has a legitimate grievance about access to Japanese markets but does not support US trade sanctions, officials said yesterday. Mr Keating, who begins an
      AFP  -  410 words
    • Article, Illustration
      Lock icon Maoris celebrate govt apology
      368 6 Kiwi premier, Maori queen sign NZsl7om deal to return land to tribe AP TURANGAWAEWAE MARAE, New Zealand Members of a Maori tribe broke into a warlike dance of thanksgiving when the government gave back some of their land yesterday and apologised for confiscating it last century.
      AP  -  368 words
    • Article
      Lock icon Indian premier planning major reshuffle: report
      300 6 Reuter NEW DELHI Indian Prime Minister PV Narasimha Rao, trying to rally his battered Congress party after a split with dissidents, was reported yesterday to be planning a major reshuffle to cement the loyalty of wavering leaders. The Times of India said the mid-June
      Reuter  -  300 words
    • Article
      Lock icon Ethnic lobby pressures Aussie Conservatives to support anti-racism bill
      284 6 AFP SYDNEY Australia's electorally powerful ethnic communities have delivered a strong warning to the Conservative opposition that it must support new anti-racism laws if it is serious about courting the ethnic vote in upcoming election. In what is seen as its
      AFP  -  284 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      308 6 For more than a century 7 and a half, lias been known as the finest watch in the world. The reason is very simple. It is made differently. It is made using skills and techniques that others have lost or forgotten. It is made with attention to detail very few
      308 words
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      Page 6 Advertisements Column 2
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      236 words
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      187 7 I YOUR LAST CHANCE TO MAKE YOUR MARK IN RAFFLES PLACE. AA«r I^¥pf 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 leap into the 21st century.
      187 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Ex-US defence chief Les Aspin dead
        96 8 Reuter WASHINGTON Les Aspin, a former defence whiz-kid and congressman who became President Bill Clinton's first Secretary of Defence, died on Sunday after a massive stroke. He was 56. Mr Aspin, an architect of military policy in a career spanning over three decades, was
        Reuter  -  96 words
      • Article
        Lock icon South Africa bids to sell arms to India
        64 8 Reuter JOHANNESBURG A South African company is bidding to sell arms to India, one of Pretoria's harshest critics during the apartheid era. The Denel arms manufacturing group said yesterday that one of its weapon systems, a tank turret fitted with a 155
        Reuter  -  64 words
      • Article
        Lock icon British non-EU trade deficit widens
        63 8 AFP LONDON Britain had a trade deficit with countries outside the European Union of £474 million (551.03 billion) in April from a revised figure of £238 million in March, official seasonal-ly-adjusted figures showed yesterday. Analysts had expected a deficit of about £300 million in April.
        AFP  -  63 words
      • Article
        Lock icon Blair gives priority to inflation
        71 8 AFP LONDON The fight against inflation would be a priority of a future Labour government if the present opposition party wins the next general elections. Labour leader Tony Blair said in an interview published yesterday. "The creation of a stable non-infla-tionary macro-economic environment is essential,"
        AFP  -  71 words
      • Article
        Lock icon West German producer prices up
        74 8 Bloomberg Business News WIESBADEN, Germany Producer prices in western Germany rose 0.3 per cent in April from March and were up 2.1 per cent from a year earlier, the Federal Statistics Office said. The increase was unexpected. The market consensus was for prices to be
        Bloomberg Business News  -  74 words
    • Article
      Lock icon US vows to abide by WTO ruling on car dispute with Japan
      556 8 AFP, Reuter GENEVA The United States will abide by the decision of the World Trade Organisation (WTO) which is to rule on a US-Japanese dispute over imports of Japanese cars, US Commerce Secretary Ron Brown said yesterday. "The
      AFP,; Reuter  -  556 words
    • Article
      Lock icon Juppe to unveil measures to boost French employment
      415 8 Reuter PARIS Conservative French Prime Minister Alain Juppe will unveil the first practical measures in new President Jacques Chirac's war on unemployment when he puts his policy programme to a parliamentary confidence vote today. Mr Chirac set the tone for the first
      Reuter  -  415 words
    • Article
      Lock icon OECD slashes Japan's growth forecast to 1.3%
      291 8 Reuter PARIS The Japanese economy will grow by only half as much as previously estimated, denting growth forecasts for the whole industrialised world, the Organisation for Economic Co-operation and Development (OECD) said yesterday. Figures released in Paris by the rich nations' think-tank showed
      Reuter  -  291 words
    • Article
      Lock icon EU agrees to protect small investors
      284 8 Reuter BRUSSELS European Union finance ministers agreed to provide minimum protection for small investors in the European Union yesterday, European Commission officials and diplomats said. Under the legislation, which is expected to come into force by mid 1997, investors will be covered for at
      Reuter  -  284 words
    • Article, Illustration
      Lock icon End of the road for penny farthing
      58 8 Reuter ASH FORD, England Robert Turner of Florida being stopped by the traffic police after riding a penny farthing bicycle along the M2O motorway in Kent on Sunday. Cycling along motorways is illegal in the UK. Mr Turner was cycling across Britain en
      Reuter  -  58 words
    • Article
      Lock icon Israel to freeze land seizure in Arab East Jerusalem
      213 8 Reuter JERUSALEM Israel decided at an emergency cabinet meeting yesterday to freeze its planned confiscation of land in Arab East Jerusalem, Foreign Minister Shimon Peres said. As a result, the Democratic Front for Peace and Equality (DFPE), an Arab-dominated party, said
      Reuter  -  213 words
    • Article
      Feng shui wins over a fan or two among UK businesses
      192 8  -  From Neil Behrmann in LONDON SEVERAL British companies are adopting feng shui philosophy and applications to raise business performance, according to the London Sunday Times. The philosophy, originally imported by companies with links to Hongkong, has generated demand for
      192 words
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      850 8 niy TAT LEE FINANCE LIMITED I j (Incorporated in the Republic of Singapore) NOTICE OF THIRTY-SEVENTH ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN that the 37th Annual General Meeting of I Shareholders of the Company will be held in the Conference Room, 63 Market I Street, #14-00, Tat Lee
      850 words
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  • SPORTS
    • Article, Illustration
      Lock icon Vijay's long, long road to victory
      810 9 Golfs Mr Tough beats Martin and flailing Faldo to snare Buick Classic, writes Larry Dorman Golf NYT HARRISON. New York It just figured it would unfold this way for Vijay Singh, the James Brown of golf, the hardest working man in the game. And
      NYT  -  810 words
    • Article, Illustration
      Lock icon Muster heads for French Open as the man to beat
      568 9 AP ROME Thomas Muster has won every clay-court tournament he has played this year. Now it is time to see if he can finally win the most important one: the French Open. Muster established himself as a strong favourite for
      AP; Reuter  -  568 words
    • Article
      Lock icon Knicks lose to Pacers in shocking end to season
      732 9 NBA Playoffs NYT NEW YORK When Patrick Ewing missed his last-second lay-up attempt, it was over for the New York Knicks. The game was over. Their season was over. Perhaps their last chance to win a championship in the Ewing era
      NYT  -  732 words
    • Article, Illustration
      Lock icon Surprises in S Africa line-up for opener
      469 9 AFP JOHANNESBURG South Africa's rugby selectors sprung some surprises on Sunday when they named the Springbok side to take on Australia in the opening match of the Rugby World Cup in Cape Town on Thursday. Fly-half Hennie le Roux was again picked out
      AFP  -  469 words
    • Article, Illustration
      Lock icon South Africa takes on challenge of World Cup
      328 9 First post-apartheid international sporting event AP JOHANNESBURG Days before the rugby World Cup arrived in South Africa, workers smoothed tar over new airport parking lots, moved extralarge beds into hotel rooms and hammered away at stadium stands. The month-long tournament that opens
      AP  -  328 words
    • SCORE CARD
      • Article, Illustration
        Cricket
        30 9 TAUNTON, England The three-day match between Somerset and West Indies ended in a draw on Sunday. Scores: West Indies 449-8 declared and 176-3 declared: Somerset 301-9 declared and 159-2.
        30 words
      • Article, Illustration
        Cycling
        63 9 OVIEDO, Spain lour of Asturia's 6th stage (158 km) and final stage, Sunday: I Beat Zberg (Swi) 2 Thomas Fleischer (Ger) 3 Melchor Mauri (Spn) 4 Maximiliano Sciandri (Ita) 5 Miguel Indurain (Spn) all in 3hr 4()min 42sec. Final overall: I Zberg 21:48:02 2 Inigo Cucsta (Spn) at 1:10
        63 words
      • Article, Illustration
        Golf
        155 9 HARRISON, New York US$l.2 million (Ssl.6 million) Buick Classic final scores, Sunday (US unless stated): 278 Vijay Singh (Fij) 70-69-67-72 (won at sth playoff hole). Doug Martin 67-70-72-69 279 Bobbv Wadkins 72-66-69-72 280 Ernie Els (SA) 68-69-75-68, Dillard Pruitt 72-69-70-69. Fred Funk 71-68-71-70. Nick Faldo (GB) 70-70-68-72. MADRID Spanish
        155 words
      • Article, Illustration
        Tennis
        55 9 ROME US$2 million Italian Open final, Sunday: 7-Thomas Muster (Aut) b 8-Sergi Bruguera (Spn) 3-6 7-6 (7-5) 6-2 6-3. BERLIN German Open final, Sunday: l-Arantxa Sanchez-V icario (Spn) b 5-Magdalena Maiecva (Bui) 6-4 6-1. CORAL SPRINGS, Florida L' *****,000 America's Red Clay Championships final, Sunday Todd Woodbridge (Aust) b
        55 words
    • SIDE LINES
      • Article, Illustration
        Lock icon In the big league
        38 9 Reuter TOKYO Sumo grand champion Takanohana showing ofT the Emperor's Cup after winning the summer grand sumo tournament in Tokyo on Sunday. Takanohana beat American grand champion Akebono to capture his ninth title. Reuter
        Reuter  -  38 words
      • Article
        Lock icon Sanchez takes German Open
        102 9 AFP BERLIN World No 1 Arantxa Sanchez-Vicario beat Bulgarian fifth seed Magdelena Maleeva in straight sets, 6-4, 6-1, to win the German Open here on Sunday. Sanchez, beaten twice previously in the final by Steffi Graf who did not play here last week, was never in
        AFP  -  102 words
      • Article
        Lock icon China in clear-cut win over Indonesia
        121 9 AFP LAUSANNE. Switzerland China beat favourites Indonesia 3-1 to win the final of the Sudirman Cup world mixed team badminton competition on Sunday. As expected, the world's top women's pair. Ge Fei and Gu Jun. mastered Elisa and Zelin Resiana. world ranked fourth, 15-9
        AFP  -  121 words
      • Article
        Lock icon Rominger leads Tour of Italy
        120 9 AP SALERNO, Italy Denmark's Rolf Sorensen took the ninth stage of the Tour of Italy cycling race with a 100 km sprint to the sea on Sunday on rain-soaked roads, but Switzerland's Tony Rominger kept the overall lead. Sorensen covered the 165 km between Terme
        AP  -  120 words
      • Article
        Lock icon France grabs handball title
        46 9 AFP REYKJAVIK France won the World Handball Championship here on Sunday, beating Croatia 23-19. They were bronze medallists in the 1992 Barcelona Olympics and runners-up in the 1993 World Championships in Stockholm. Sweden beat Germany in the match for third place. AFP
        AFP  -  46 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Strata offices as an alternative investment
      1456 10  -  Jeff Litte examines the factors to consider when buying a strata title unit Jeff Litte The writer is director of the commercial department Knight Frank Cheong Hock Chye Baillieu IN THE SIXTIES, with the pullout of the British forces and the feared "hollowing out"
      1,456 words
    • Article
      Lock icon Manila's Fort Bonifacio can one day rival S'pore, says project manager
      248 10 UPI A BRITISH design firm tapped by Manila to develop a sprawling former army camp says it is confident it can turn the downtown property into a city that rivals Hongkong and Singapore. In interviews with the Philippine press
      UPI  -  248 words
    • Article
      Lock icon HK home prices seen rising gradually
      169 11 Reuter HONGKONG Residential property prices in Hongkong should rise by at least one to two per cent in May and June, said Michael Green, executive director at Nomura Research Institute Hongkong. In a report, Mr Green said the price increases would be the result
      Reuter  -  169 words
    • Article, Illustration
      No effective barriers to job-hopping
      772 11  -  PSpropIRTY COLUMN By Lee Han Shih IF THERE'S one thing that the latest round of musical chairs among property consultants proves, it is that there are no effective legal barriers to job-hopping in the industry. For example, Richard Ellis' research director Steven Choo is leaving
      772 words
    • Article
      Lock icon Hutchison holds off Sheraton office change
      368 11 SCMP THE Sheraton Hotel Hongkong could gain a new lease of life because major shareholder Hutchison Whampoa says it may not go ahead with plans to turn it into an office-retail complex. The news came at a time of concern over a possible shortage
      SCMP  -  368 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      135 10 v w&t 1 i" t- *>*m+* *t '^> > or YOU could YOUR PRIVATE BANKER. Your Citibank Private Banker to you, and your family's needs and aspirations. And, to help you achieve only your Citibank Private Banker resources—the world's most global bank. It comes together through your relationship mm IK*
      135 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      445 11 Date of |~7 I 77" I Z Built in area/ Sale price transaction DlBtnct Pro i ect land area (sq ft) Tenure (SS) PRIVATE May 15 j 1953 J Hua Court Condo j 1184 JFH 730,000 617 May 16 j 1024 i Valley Park C'do Condo 1216 L 999 1,025,000
      445 words
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      Page 11 Advertisements Column 2
      344 11 COMMONWEALTH GOVERNMENT LEASE SECURE STRONG CASH FLOW FOR NEXT TEN YEARS in h X i *\V ■wIH Net income Fixed and regular rental increases $3,850, CXX) pa (approx) 9 Investment report and brochure available Prominent location TENDERS CLOSING spm 23rd JUNE 1995 Contact PMp Mi <*5> 122 1523 Jim Williams
      344 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      706 12 I* 1 No. 1° in $h*e .USA. OF Ar <3** 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
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      Page 12 Advertisements Column 2
      356 12 WHERE TO WINE, DINE AND ENTERTAIN LUNCH OR DINNER, 1 FEAST ALL YOU gj ICA N 1 That's over 50 delightful dishes in all! Featuring the best talked about seafood and Cantonese cuisine. f All you can eat. Complimentary platter of Suckling Pig and Guiiing Herbal Jelly. Lunch: $23 (Adult)
      356 words
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      Page 12 Advertisements Column 3
      328 12 IB[ r r =^61 Jancy '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 such as 'Beijing 3a!(fd Tench and HbSL®®/ Marinated Lamb. Jancy some now? RISTALRAvf
      328 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Strange, obscure plots mark opening days
      542 13  -  Cannes Film Festival But Janet Maslin discovers some delightful fare outside the main competition Janet Maslin NYT EVEN the most cockeyed optimists have spent the first few days at this year's Cannes International Film Festival looking fretful. After all, consider these synopses from Saturday's
      NYT; Reuter  -  542 words
    • Article
      Lock icon Aussies go dry on beer to guzzle healthier water, milk
      185 13 Reuter MELBOURNE Australians are renowned abroad as heavy beer-drinkers, but survey results released here yesterday show they prefer to quench their thirst with a humble glass of milk or water rather than the amber liquid. Milk and water are the
      Reuter  -  185 words
    • Article
      Lock icon Showboat eclipses Sunset Boulevard in drama awards
      208 13 CHATTERBOX Reuter AP UPI THE smash revival of Showboat was the big winner at the 40th annual Drama Desk Association -Awards in New York on Sunday. Showboat won five awards, including Outstanding Musical Production, while Andrew Lloyd Webber's Sunset Boulevard landed only one.
      Reuter; AP; UPI  -  208 words
  • Page 13 Advertisements
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      409 13 WHERE TO WINE, DINE AND ENTERTAIN I Jfosters W. HlmiH Olde English Eating House J/i y 4 277 Orchard Rd #02-38 Specialists' Centre Singapore (0923) A LUNCH SPECIAL R I Stomp, I Valid Mon-Frl except Public Holiday Ik DEVONSHIRE CREAM TEA B (Served from 3pm-6pm) Oven hot scones with butter,
      409 words
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      Page 13 Advertisements Column 2
      22 13 JW tHW tZutMOcrv or fir tioj BOOK NOW for the KTV Rooms special promotion (For reservation please call *****36) Wednesday Ladies Nite
      22 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1103 13 TV RADIO I lIIIIIM Race For Life: Africa's Great On the Serengeti Plains, the > wildebeest are migrating. Wildlife film-maker Hugo Van Lawick captures the big move. -TSHHWh*. The Health Show, 10pm, Ch 12 This episode us about screening for %g There's also the benefits of do- Mr t fit,
      1,103 words
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  • Article
    Sri Lanka's real path to peace
    507 14 WHEN President Chandrika Kumaratunga came to power last August on a platform of reconciliation with the country's ethnic Tamil minority, the signs looked good for an end to 12 years of hostilities that had economically sapped the country. By some estimates, the long war
    507 words
  • WHAT THE OTHERS SAY
    • Article
      How to keep the peace
      349 14 IF THERE is a single achievement, apart from their growing prosperity, which South-east Asian countries Can be proud of, it is surely ethnic peace. In fact, the two go together. Without peace, there can be little progress, and peace depends crucially on the ability of
      349 words
    • Article
      Keeping the nest egg intact
      113 14 THE recent rise in CPF rates would serve Singaporeans well. And there have been letters and feedback urging the government to make the rates more attractive than those offered by the banks. The higher rates for the special and retirement accounts would serve the people
      113 words
    • Article
      Essence of Thai politics
      121 14 THE SWIFT dissolution of Thai parliament took many by surprise. But on further thought, it could be a wise move. Though the coalition took 201 seats out of all 360 parliamentary seats, Prime Minister Chuan Leekpai's Democrat Party occupied a mere 79 seats. The extreme volatility
      121 words
    • Article
      Liberty in Asian eyes
      193 14 TOO MUCH of the current Western debate over freedom and human rights in Asia has been fixated on the idea that liberty and democracy are absolutely and ultimately good. The perception that Asians subordinate individual liberties for the higher purpose of social control has probably done
      193 words
    • Article
      A vicious circle
      159 14 NOW that the master plan for education is under discussion, it is essential for the public to have a framework within which to assess the plan's major proposals. One way to achieve this is to become familiar with the major studies on the problems of and prospects
      159 words
    • Article
      The US role
      81 14 THE US VETO killing a UN Security Council resolution callng on Israel to rescind the expropriation of Arab land in Jerusalem exposes the true nature of its international agenda. Calls for it as the world's remaining super power to take a leading international role cannot now be
      81 words
  • Article, Illustration
    Miti joins voices warning against 'hollowing out'
    943 14  -  Japan should heed calls to deregulate and restructure, reports Anthony Rowley Anthony Rowley The writer is BT's Tokyo correspondent SINGAPORE Senior Minister Lee Kuan Yew's challenge to Japan last week to "deregulate and restructure" its economy was an unusually strong example of gaiatsu
    943 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      232 14 i JP I Mil II mil Surely, it's your cup of tea. Whether you're an American dards in every sense. At a time among the three highest private institutional investor interested in when economic turmoil precluded banks in Turkey. We are the only the Turkish market, a Japanese Turkish institutions
      232 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      72 14 linkiVMiglWdßgPl TO" /'He.-s &th£R ucxiMG ws UUPCT'S TWe M P\TT&C\ .SSoRr UM .J UXDUNDS OR TD S*U*G£ UnTU BRISTOL TqdAwJ M VUJUPT'S LgFT QF H'S Pgfpc., C AMOCIATtO «g»»PA>W LTD.. IMIIIH 9441 DOONESBURY GARRY TRUDEAU He/,HQNer,irS2ONKER! H& NOUJ SAYS HE KJANTS7D JUSTCALUNSMTOSee *)eu.,stfl. HetRZAU-Y 111 TBACHUrne EARL AIL THB 9
      72 words
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  • ANALYSIS
    • Article, Illustration
      Indian businesses set sights on world market
      1290 15 Delhi's changed industrial and economic policies allow companies to expand overseas. But competitive barriers remain that must be removed SEVERAL changes in India's industrial and economic policies have made it possible for Indian companies to consider overseas markets. A marketdetermined exchange rate has
      1,290 words
    • Article, Illustration
      Lock icon Reserve status eludes yen
      1148 15  -  Tokyo must make it easier for foreigners to hold yen, says Gerard Baker Gerard Baker FT AS Japan's financial authorities try to cope with the high yen, they have focused attention on the immediate danger posed by the currency's persistent strength. But they also want to
      FT  -  1,148 words
  • Page 15 Advertisements
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      234 15 EThis article was reprinted from the May 8 issue of Business Asia, a fortnightly management report by The Economist Intelligence Unit (Asia) Ltd WM Simply adi for an appomtnient W and present the tut-out i toupon to take advantage v V of the benefits now. /v l*nfou One free consultation
      234 words
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  • Article
    Lock icon Japan makes symbolic move to protest against China's N-test
    496 16 Reuter, AP TOKYO Japan, in a rare use of its economic clout to send a political message, announced yesterday it would trim grant aid to China to protest against Beijing's recent nuclear test. The decision marked the first time Japan has
    Reuter,; AP  -  496 words
  • Article
    Lock icon US not budging on Japan sanctions: Kantor
    363 16 AP BRUSSELS US Trade Representative Mickey Kantor yesterday kept a hard line against Japan, pledging to carry through with threatened sanctions and forecasting no improvement in relations. Washington and Tokyo are "not even close to agreement" on trade in cars and car parts,
    AP  -  363 words
  • Article
    Lock icon ICI to Grow into world's largest paint maker with US$350m bid
    300 16 Reuter LONDON Imperial Chemical Industries pic clinched victory in its battle for US paint maker Grow Group Inc yesterday with an increased US$35O million (SS49O million) bid that will make it the world's largest producer of paint. The US$22
    Reuter  -  300 words
  • Article, Illustration
    Extension of NPT: is there anything to crow about?
    686 16  -  The Bottom Line MOHAN KUPPUSAMY MOHAN KUPPUSAMY The writer is a BT correspondent AMERICA'S Ambassador to the United Nations, Madeleine Albright, was triumphant about the extension of the Nuclear Non-Proliferation Treaty (NPT) "forever". It was, she wrote in the New Perspectives
    686 words
  • Article
    Lock icon Asean rejects Manila proposal on Spratlys
    261 16 AFP BANDAR SERI BEGAWAN Asean has rejected a proposal from fellow member Philippines to raise the dispute over the Spratlys with China multilaterally, officials said yesterday. Having diplomatically dodged a potentially explosive confrontation with China over the South China Sea chain, Asean senior officials
    AFP  -  261 words
  • Article
    Lock icon MaerskLine, Sea-Land in giant global alliance
    216 16 Bloomberg Business News COPENHAGEN AP Moeller's MaerskLine, the world's largest container line, has formed a global alliance with Sea-Land Service Inc. The two companies have entered into an initial pact to create a global operating network, AP Moeller said in a press statement. Sea-Land
    Bloomberg Business News  -  216 words
  • Article
    Lock icon Russia to proceed with Iran nuclear plant deals
    160 16 AFP MOSCOW Russia's Atomic Energy Minister Viktor Mikhailov announced yesterday that Moscow had reached a new nuclear accord with Iran calling for the construction of a water pressurised research reactor in the Persian state. "Moscow has no intention of reducing its cooperation
    AFP  -  160 words
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      365 16 ~rjifmwwm F^UtSMm ARTNERSHIP FORGED BY UNDERSTANDING SENTRY El TOTAL FIRE-PROTECTION I y MADE AFFORDABLE V M *4 I fl For the thousands who risk losing intellectual To the latter, short of buying a fire-resistant safe, a properties, financial records (on computer media starting a fire and putting it to the
      365 words
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      Page 16 Advertisements Column 2
      14 16 US vows to abide by WTO ruling on car dispute with Japan, Pg 8
      14 words
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      Page 16 Advertisements Column 3
      246 16 Distributor for Nitsuko Keyphone Systems 3 EPABX SIMtfApORC SINGAPORE COMMUNICATIONS COM**, EQUIPMENT CO PTE LTD Tel 278 7088 ■Every Call Is A Commitment! J MANDARIN FOR GENERAL MANAGERS fl A Sample Course Outline 9H 1. Objective: 9 This programme is designed for Singaporean managers Bj who have some command of
      246 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Omni group to expand Asian, North American presence
      588 17  -  By Jenny Lam SINGAPORE The Omni Hotels group has embarked on an aggressive expansion plan to have 80 to 100 hotels in Asia and North America by the year 2000. Omni Hotels' Asia-Pacific senior vice-president Jeffrey Flowers told Business Times the group
      588 words
    • Article
      Keppel Integrated Engineering signs deal to supply gases for township
      548 17  -  From Alvin Tay in SUZHOU SINGAPORE-listed Keppel Integrated Engineering (KIE) has signed an agreement with British Oxygen Company (BOC) to supply industrial gases to the Singapore-Suzhou Industrial Township. The joint venture is among the latest batch of three companies to
      548 words
    • Article
      SES censures CAM on disclosure policy
      384 17 SINGAPORE The Stock Exchange of Singapore has censured CAM Mechatronk and its directors for statements that breached the exchange's corporate disclosure policy. The SES took issue on CAM over two points, both of which relate to the exchange's stance that a company should reveal
      384 words
    • Article
      Rally in Shanghai shares hard to sustain
      643 17  -  HOCK LOCK SIEW By S N Vasuki SINGAPORE Shanghai regulators imposed a nationwide ban on bond futures trading last week, triggering hectic buying on the stock exchange as funds flowed into stocks. But with trading activity returning to saner levels yesterday, analysts are
      643 words
    • Article, Illustration
      Aztech in venture to design semiconductors
      279 17 SINGAPORE Local multimedia firm Aztech Systems has formed a joint venture with Finland-based Fincitec Components to design and supply semiconductors. The joint-venture company, Azfin Semiconductors, will help Aztech lower production costs on several of its key products, said Aztech's president, Michael Mun. at a
      279 words
    • Article
      Rotary signs deal to expand Tankstore storage capacity
      130 17 SINGAPORE Listed engineering and construction firm. Rotary Engineering Ltd, has signed a $10 million contract to expand facilities for tank storage operator Tankstore Ltd at the Pulau Busing Oil Terminal project (Phase IV). In a statement yesterday. Rotary said it was its
      130 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        53 17 Mixed l I M°°d' 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, Wl Can and
        53 words
      • Article, Illustration
        HOT STOCK
        90 17  -  By Paul Leo VAN DER HORST does not look good on the charts. Medium-term technical factors indicate that the stock is overbought, signalling further weakness in price. Daily MACD is about to signal a sell. Buying interest has also dwindled 465,000 shares changed hands yesterday compared to the
        90 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Creative-Telecom Equipment tie-up
          46 18 SINGAPORE Creative Technology and Telecom Equipment have become partners to promote computer-based telecommunications products in Singapore. Creativc's multimedia products will gain access to corporate and consumer markets through Telecom Equipment, which will sell them through direct sales and its network of 16 Teleshops.
          46 words
        • Article
          Lock icon Johan's pre-tax up 31%
          61 18 Bernama KUALA LUMPUR Johan Holdings has reported a group pre-tax profit of M 533.01 million (5518.65 million) for the year to Jan 31, up 31 per cent from M 525.29 million the year before. Group turnover rose 29 per cent to hit M 5602.40 million while
          Bernama  -  61 words
        • Article
          Lock icon Anson to take over Resort Habitat
          58 18 Bernama KUALA LUMPUR Property developer Anson Perdana will acquire a 100 per cent stake in Resort Habitat (M) for MsB million (554.52 million) cash through its subsidiary Chemstab Asia (M). Housing developer Resort Habitat is now building the Amansari Resort, comprising 240 condominium units,
          Bernama  -  58 words
        • Article
          Lock icon Sanda Plastics transfers operations
          46 18 Bernama KUALA LUMPUR Sanda Plastics Industries Bhd has transferred its plastic operations to a wholly-owned subsidiary. Impeccable Advantage Sdn Bhd, with effect from March 31, 1995. Approval has also been obtained to change Impeccable Advantage's name to Sanda Plastics Sdn Bhd. Bernama
          Bernama  -  46 words
        • Article
          Lock icon Perfect's land acquisitions
          54 18 Bernama KUALA LUMPUR Perfect Food Industries Bhd, via its wholly-owned subsidiary. Fairway Review Sdn Bhd, has acquired two pieces of land in Bukit Katil, Malacca, totalling about 10 ha for M 53.6 million (Ss2 million) cash. The acquisition is part of the group's diversification plan into the
          Bernama  -  54 words
      • Article
        Westmont Holdings acquires Manila stockbroking firm
        248 18  -  From Al Labita in MANILA MALAYSIAN conglomerate Westmont Holdings has acquired a Manila stockbroking firm for 40 million pesos (552.2 million), signalling its entry into the equities market. The purchase of First Peninsula Securities Corp, a Philippines Stock Exchange member, was through newly formed
        248 words
      • Article
        Lock icon Damansara may develop property in North Sumatra
        293 18 Bernama KUALA LUMPUR Damansara Realty Bhd is teaming up with two Indonesian parties to jointly identify and undertake feasibility studies for suitable property development projects in North Sumatra. Damansara group managing director Jaafar Bakar said yesterday a memorandum of understanding (MOU) on the
        Bernama  -  293 words
      • Article
        Lock icon UEM looks to beef up its overseas investment
        375 18 Bernama PETALING JAY A United Engineers (Malaysia) Bhd (UEM) is expected to make substantial investment overseas in the future to make its mark abroad, said its managing director, Jaafar Abdul Hamid. Speaking to newsmen after the company's annual general meeting here yesterday,
        Bernama  -  375 words
      • Article
        Surging yen forces EON to propose raising car prices
        335 18  -  From Ruth Wong in KUALA LUMPUR THE surging yen has forced Edaran Otomobil Nasional Bhd (EON), distributor of Malaysia's first national car, to join other car distributors in raising the selling price. Managing director Adzmi Abdul Wahab said that EON would
        335 words
      • Article
        Lock icon Astra's 1st qtr profit soars 96% but bumpy road ahead
        202 18 Reuter JAKARTA Indonesia's biggest car-maker Astra International reported a sizeable firstquarter profit gain yesterday but concerns over the yen's rise and inflation could take their toll in coming months, analysts warned. Astra, which also has interests in heavy industry, electronics
        Reuter  -  202 words
      • Article
        Lock icon Kemayan in takeover bid for Daibochi
        135 18 Reuter KUALA LUMPUR Malaysia's Kemayan Corp Bhd yesterday said it was making a general offer to acquire the entire paid-up capital of Malaysian plastic maker, Daibochi Plastic and Packaging Industry Bhd, through a share exchange. Kemayan is offering five new shares for every two
        Reuter  -  135 words
      • Article, Illustration
        Lock icon Aussie electrical products firm sets up shop in S'pore
        300 18 SINGAPORE Ringgrip Australia has spent $2 million setting up a Singapore subsidiary to expand its electrical products business regionally. Ringgrip is part of the Gerard Industries Group of Australia. which in turn is 50 per cent owned by mainboardlisted Clipsal. part
        Photo by Chris Loh  -  300 words
      • Article
        Untitled
        556 18 Manager*' poet* May 23 Mcndaki Gr Fund 101 1.04a Singapore Unit Trust m* L m°° The Corameax 1.57 I 66id UOB ASSCt Mgt Ltd The SaMnp Fund I.SI 1.60 Unifund 1.41 1.48 Spore Prof Fund 060 0.64 Unibond 1.03 1055 S pore Sec Fund 0.98 1.04 United Gr Fund 1.63
        556 words
      • Article
        Lock icon China to cut B share sales by US$800m due to poor demand
        270 19 Bloomberg Business News SHANGHAI China has decided to reduce the number of B shares sold this year from US$l billion to US$2OO million, the East China Price News reported yesterday. It cited "inside information" which said that the
        Bloomberg Business News  -  270 words
      • Article, Illustration
        Lock icon Wheelock to start more new joint ventures in Asian markets
        327 19 Bloomberg Business News HONGKONG Wheelock Co, striving to expand its business through joint ventures with big-name partners, has signed three agreements for new ventures in Asia, its managing director John Hung said. He declined to give further details of the
        Bloomberg Business News  -  327 words
      • Article
        Lock icon Pacific Century denies Top Glory sale talk
        100 19 Reuter HONGKONG Pacific Century Group, a private company held by tycoon Li Ka-shing's son Richard Li, denied rumours that its Singapore-listed unit Pacific Century Regional Development Ltd intended to sell its stake in subsidiary Top Glory Insurance Co (Bermuda) Ltd. "Pacific Century Group
        Reuter  -  100 words
      • Article
        Lock icon Jilin sale a vital test of China market's strength: Barron's
        383 19 Reuter NEW YORK China's ability to sell Jilin Chemical Industries shares to foreign investors is of particular importance to China's financial future, the financial weekly Barron s said. After a slump in Chinese stock prices over the past nine months,
        Reuter  -  383 words
      • Article
        Lock icon Hongkong real estate agent Midland Realty seeks listing
        250 19 Bloomberg Business News HONGKONG Real estate agent Midland Realty (Holdings) Ltd has applied to issue 50 million shares for trading on the Hongkong stock exchange, at a price of HKSI.2B each, a news release said yesterday. The shares for sale to the
        Bloomberg Business News  -  250 words
      • COMPANY BRIEFS
        • Article
          Lock icon ABN Amro denies bid for Schroders
          73 19 Bloomberg Business News LONDON Shares of Schroders pic fell back from gains of as much as 2.4 per cent after Dutch bank ABN Amro Holdings NV denied it may bid for the securities company. "It's total rubbish," said an ABN Amro spokeswoman speaking about
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Mansion Holdings profit rises 3%
          69 19 Bloomberg Business News HONGKONG Fire engineering and building company Mansion Holdings Ltd said its net profit rose 3.01 per cent to HK$34 million (SS6.I million) in the year ended Dec 31, up from HKS33.I million the year before. Fully diluted earnings per share fell to
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Guangdong firm to buy stake in store
          65 19 Bloomberg Business News HONGKONG Guangdong Investment Ltd will buy 56 per cent of the sixth largest department store in China for HKS2OO million (Ss36 million), the Hongkong Economic Times reported yesterday. The Nanfang Department Store operates more than 20 stores in Guangdong province
          Bloomberg Business News  -  65 words
        • Article
          Lock icon Japan, Vietnam firms in hotel deal
          75 19 Reuter HANOI Japan's Gilemint Investments Ltd and a Vietnamese tourist company have signed a US$26 million (5536.4 million) contract to upgrade a hotel in central Hanoi, the official Hanoi Moi newspaper reported. It said Gilemint would contribute 70 per cent and the Hanoi Tourism
          Reuter  -  75 words
        • Article
          Lock icon Sumitomo Chemical's 2.8b yen profit
          65 19 AFP TOKYO Sumitomo Chemical Co Ltd yesterday announced a pre-tax profit of 2.8 billion yen (5544.6 million) in the three months to March on sales of 232 billion yen. Comparisons were unavailable. But it suffered heavily from the strong yen with exports of pesticides particularly
          AFP  -  65 words
      • Article
        Lock icon Record 26 firms to be listed in Bombay today
        372 19 India's biggest bourse to see 225 new listings this month AFP, Reuter BOMBAY A record 26 firms are to be listed today on the Bombay Stock Exchange, India's oldest and largest bourse, stock market officials said yesterday. "As far as we
        AFP,; Reuter  -  372 words
      • Article, Illustration
        Lock icon £125m charge on USAir stake takes shine off BA's 61.4% profit rise
        570 20 Bloomberg Business News LONDON British Airways pic said it is writing down 50 per cent of the value of its stake in USAir Group Inc. taking the shine off a 61.4 per cent rise in pre-tax profit in
        Bloomberg Business News  -  570 words
      • Article
        Lock icon Cordiant and Saatchi settle disputes out of court
        484 20 Deal allows Saatchi founder to use name in new agency Bloomberg Business News LONDON Cordiant pic, formerly Saatchi Saatchi Co pic, and its former chairman Maurice Saatchi reached an out-of-court settlement on all issues between them. The agreement over the suits and
        Bloomberg Business News  -  484 words
      • Article, Illustration
        Lock icon Murdoch would buy CNN if it's for sale
        175 20 AP LONDON Go home to the range. Ted Turner, and Rupert Murdoch won't say a discouraging word. Asked if he would buy Cable News Network (CNN), Mr Murdoch said "sure we would, if it were for sale". In an interview broadcast on
        AP  -  175 words
      • Article
        Lock icon Takeover battle for Pancon hots up as it floats gold assets
        395 20 Reuter SYDNEY A fierce battle for control of Australian gold miner Pancontinental Mining (Pancon) escalated with its decision to publicly float its gold assets in a new concern, PanGold, worth A 5325 million (***** million). The move cast doubt
        Reuter  -  395 words
      • Article
        Lock icon Higher yen dents Casio's earnings
        291 20 AP TOKYO The relentless rise of the Japanese currency has eroded the profits of Casio Computer Co, a leading maker of digital watches and calculators, in the fiscal year ended March 31. Casio said yesterday its net earnings fell 5.6 per cent to 5.03 billion
        AP  -  291 words
      • Article
        Lock icon Seven Network to pay A$210m for additional stake in Optus
        238 20 Reuter SYDNEY Television broadcaster Seven Network Ltd yesterday said the company's option to acquire an additional 13 per cent in the Optus Vision pay television consortium would cost about As2lo million (SS2IO million). In April, the company accepted an offer
        Reuter  -  238 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon US, Sino, S'pore groups set up China investment bank
        304 21 AFP BEIJING China's first investment bank, a joint venture between Morgan Stanley of the US, the People's Construction Bank of China (PCBC) and the Government of Singapore Investment Corp (GIC) among others, will be launched in July, a report said yesterday.
        AFP  -  304 words
      • Article
        Thai glass producer taps Asian dollar market for US$45.5m
        178 21  -  By Soh Tiang Keng SINGAPORE Five Singa-pore-based banks and two others have arranged a U5545.5 million ($63.2 million) loan to Thai Glass Industries, the biggest maker of glass containers in South-east Asia. The four-year transferable loan is at interest 0.57 of
        178 words
      • Article
        Lock icon Mitsubishi eyes financial subsidiary in Singapore
        179 21 BernamaKyodo TOKYO Mitsubishi Corp, the largest trading company in Japan, is planning to set up a financial subsidiary in Singapore to boost joint ventures and business ties with Asian companies, a leading economic daily said yesterday. The company, to be called MC Capital Asia
        Bernama-Kyodo  -  179 words
      • Article
        Lock icon Asian retail banking should be segmented, say experts
        166 21 AFP SINGAPORE Asia's retail banking operations should be segmented for greater efficiency and to stave off competition from their superior counterparts from Europe and the United States, experts said yesterday. "Retail banking in the region should have different management structures to serve
        AFP  -  166 words
      • Article
        Lock icon Region's monetary officials to meet
        57 21 Bloomberg Business News MANILA Senior central bank officials from South-east Asia will hold a four-day meeting beginning tomorrow in Manila. The 30th South-east Asia Governors Conference will be the first gathering of the region's monetary officials since the Mexican economic crisis prompted an emergency meeting
        Bloomberg Business News  -  57 words
      • Article
        Lock icon Standard Chartered to cut more jobs
        71 21 Reuter LONDON Standard Chartered Bank pic will reduce its staff to about 25,000 by the end of next year from the present 27,000, a spokesman said. The Evening Standard newspaper had earlier reported that Stanchart would cut a further 3,000 jobs over the next
        Reuter  -  71 words
      • Article
        Lock icon Dazhong sees 80m-100m yuan sales
        66 21 Reuter BEIJING Four-month-old Chinese underwriter Dazhong Insurance Co expects a turnover of 80 million yuan (SSI3 million) to 100 million yuan this year, the China Daily said. The fledgling company sold 12 million yuan worth of policies in its first three months and sales are
        Reuter  -  66 words
      • Article
        Lock icon Stanchart cuts HK mortgage rate
        79 21 Bloomberg Business News HONGKONG Standard Chartered Bank has lowered its residential mortgage lending rate by 0.5 percentage point to 10.75 per cent on apartments worth more than HK$5 million (*****,000), the Chinese-language Hongkong Economic Times reported yesterday. An official from the bank told the paper
        Bloomberg Business News  -  79 words
      • Article
        Bank Bali seeks Bapepam's permission to offer rights issue with warrants
        338 21  -  From Maggie Ford in JAKARTA BANK BALI, one of Indonesia's best regarded listed private banks, has applied for permission to offer a rights issue with warrants attached, in what would be a new market instrument for Indonesia. The stock
        338 words
      • Article
        Brierley group expects record profit in current year: finance chief
        361 22  -  By Quak Hiang Whai SINGAPORE New Zealand group Brierley Investments is in good financial shape and expects a record profit in the year to June 30, says its chief financial officer Herman Rockfeller. The group, which raised a US$l62 million
        361 words
      • Article
        Lock icon Poor margins keeping oil traders off Singapore refining deals
        285 22 Reuter SINGAPORE Poor profit margins on refining crude oil in Singapore over the past year have discouraged many oil traders from renewing term third-party crude processing deals, industry sources said. Traders are looking for a huge cut in refiners' processing fees
        Reuter  -  285 words
      • Article
        Lock icon Exchanges in China winding down trading in T-bill futures: reports
        347 22 Reuter SHANGHAI Exchanges and trading floors across China began the final phase of winding down positions in treasury bill futures, media reports said. Shanghai Stock Exchange members were given a brief period yesterday to offset among themselves at negotiated prices.
        Reuter  -  347 words
      • Article, Illustration
        Lock icon Job's the pits, but there's enough to salt away
        71 22 AFP SAMUTSAKORN, Thailand A worker carrying a load of freshly mined salt to a truck for delivery to a processing plant on Sunday. Workers at the salt mines in this town, about 100 km south of Bangkok, earn US$B (5511.15) a
        AFP  -  71 words
      • Article
        Lock icon MIM says notices to stay despite vote to work
        229 22 Reuter SYDNEY Base metals miner MIM will not withdraw immediately force majeure notices on its zinc and copper contracts, despite a vote by striking workers at its Mt Isa mine to return to work, an MIM spokesman said yesterday. "They (the
        Reuter  -  229 words
      • Article
        Lock icon Philippine state bank head going back to Urban Bank
        383 22 Bloomberg Business News MANILA The president of state-run Philippine National Bank (PNB), the nation's largest, said he will step down on May 31 and return to the bank he helped found. "I have accomplished my job," said Arsenio Bartolome 111, president
        Bloomberg Business News  -  383 words
      • Article
        Lock icon Decontrol of India's oil industry will benefit downstream firms
        243 22 Reuter BOMBAY Indian firms involved in refining and marketing petroleum products are forecast to benefit immensely from an expected decontrol of the industry in the next two to three years, a London-based broking house report said. "The Indian downstream oil industry
        Reuter  -  243 words
      • Article
        Lock icon Oil prices post modest gains
        297 22 ENERGY REPORT Reuter, Bloomberg Business News LONDON Oil prices posted modest gains despite hints that the Brazilian oil strike may end this week. The strike, which started in early May, has helped underpin crude prices at a time when a two-month-old rally on world oil
        Reuter,; Bloomberg Business News  -  297 words
      • Article
        Lock icon New York
        92 22 AFP NEW YORK The dollar was higher against major currencies here early yesterday in quiet trading ahead of a Federal Reserve policy-setting meeting. At about 9:35 am (1335 GMT), the dollar was trading at 1.4505 German marks, up from 1.4443 on Friday, and at 87.45 yen against 86.80
        AFP  -  92 words
      • Article
        Lock icon Currency Reports:London
        194 22 Reuter LONDON The dollar closed higher against the mark and the yen in Europe, underpinned by buying on dips amid continuous bullish sentiment. Most market attention was focused on the mark's European crosses, with the French franc rising to 3.5280 per mark, its highest level since Tuesday. At
        Reuter  -  194 words
      • Article, Illustration
        Untitled
        1512 22 radr-Hfightnl index cakvlatcJ atamsl S'parr'i hip 14 IraJinf partnen Bom- year /Wf.s US$/S$ forward rates Noon /May 2 s$ Bid Offer 1-month I.38S2 1.3867 2-month I 3803 ***** 3-month 1.3752 1 3767 6-month 1.3623 1.3643 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on May 22 Singapore dollars to
        1,512 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends higher, Eurodollars flat
        1337 23 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended higher and Eurodollar futures were barely ehanged at the close. Dealers said there was demand for Japanese short-term paper as prices for Japanese stocks slumped. The Nikkei June futures index sank below 16,000 to close at 15,895.
        Reuter  -  1,337 words
      • Article
        Tin ends lower despite London surge
        660 23 COMMODITY REPORTS KLTin THE tin price on the Kuala Lumpur Tin Market ended eight sen lower to close at MS 14.15 per kg despite an uptrend on the London Metal Exchange. On the LME, the threemonth metal surged by US$25 to U555.820 per tonne.
        660 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          China's copper for sale
          82 23 HONGKONG China is prepared to sell up to 200.000 tonnes of copper overseas. China National Nonferrous Metals Import and Export Corp (CNIEC) president Fang Dacheng said yesterday in a telephone interview from Beijing. "We've already bought more than 200.000 tonnes of copper in the past two
          82 words
        • Article
          Aussie firm buys scrap businesses
          83 23 SYDNEY Australian recycling group Simsmetals Ltd yesterday said it has purchased 51 per cent of the scrap metals businesses of the Bird Group of companies in the UK. Total cost of the acquisition is estimated by Simsmetals' managing director. John Crabb, at between AS 14
          83 words
        • Article
          Beef imports seen hiking Japan tariffs
          106 23 TOKYO Traders here fear a steady stream of beef imports will trigger a safeguard measure that automatically boosts tariffs to 50 per cent until the end of the 1995-96 (April-March) fiscal year. Trade sources said Japanese imports of frozen beef from Australia and the
          106 words
        • Article
          India procures 10m tonnes of wheat
          59 23 BOMBAY The state-run Food Corp of India procured 10 million tonnes of wheat in the past one month as part of the government's food procurement programme, it said on Sunday. It bought 6.4 million tonnes in Punjab state, 2.8 million tonnes in Haryana, 600,000
          59 words
    • Article
      COMMODITY PRICES
      1395 23 SICOM Futures Rubber (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 242.00 242.00 242.00 950 475 Jul 232.50 600 2125 Aug 230.00 2925 Sep 227.50 2250 Oct/Dcc 222.50 5775 Jan Mar 222.00 3075 Apr/Jun 223.00 1080
      1,395 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        987 24 +12.8 Strengthening futures and relief that Wall Street has regained composure following last week's slump pushed the Australian bourse back above the psychologically crucial 2000 barrier yesterday, dealers said. GeofT Wilson of Prudential Bachc said the market's solid performance was largely in relief that Thursday's 80-point slide on Wall
        987 words
      • Article
        Mania
        615 24 •21.11 Philippine share prices declined 0.8 per cent yesterday, continuing last week's downturn as investors sought to find support for the market. "It's under a technical correction, although we sec the market shaping up as investors are looking for issues that have potential in a few weeks," said broker
        615 words
      • Article
        Taipei
        572 24 -25.44 Taiwan stocks fell for a seventh day amid concern economic growth overseas may taper ofT, slowing demand for Taiwan exports, analysts said. A decline in Tokyo stocks to a six-week low yesterday raised concern about the outlook for economic growth in Japan and Japanese demand there for Taiwan
        572 words
      • Article
        Seoul
        442 24 •11.55 A broad-based selling pressure, stemming from lack of market boosting steps, pushed the index to end at a new 1995 low of 864.13, brokers said. It was down 11.55 points from Saturday's close. "The state stock stabilisation fund was widely expected to buy stocks. But it did not,"
        442 words
      • Article
        New Zealand
        318 24 •12.69 Shares weakened in subdued trading which was entirely typical of a Monday. Brokers said a lead from Wall Street on Friday was lacking and, generally, buying interest was absent. The top 40 stocks Index ended 12.69 points lower at 2,118.69 on volume of just US$2B million about
        318 words
      • Article
        Bombay
        103 24 NA Indian stocks fell as an open rebellion in the ruling Congress Party of Prime Minister PV Narasimha Rao appeared to be leading to a formal split, traders and analysts said. The markets' main worry is that the economic liberalisation programme initiated by the Congress Party may suffer a
        103 words
    • WORLD STOCK MARKETS
      • Article
        London
        652 24 +23.5 The FTSE-100 Index gained 23.5 points (0.72 per cent) to close at 3,284.5 although this did not match a 40point Dow Jones advance in New York where the bulls returned in force, saying Thursday's 82-point decline had been overdone. London investors have been keepjng a wary eye out
        652 words
      • Article
        Paris
        167 24 +14.08 French shares ended a quiet session a trace below" their session highs after the market got a late boost from a rally on Wall Street, dealers said. "The rebound on Wall Street pulled us around," firming a technical rebound to Friday's 1.22 per cent fall, a trader said.
        167 words
      • Article
        Frankfurt
        222 24 18.75 German stocks rose 1.6 per cent in light trading, led by Deutsche Bank AG and Daimler-Benz AG, as the dollar held steady against the mark. A strong performance on Wall Street gave the market a further push in the afternoon. The DAX Ibis Index of 30 leading stocks
        222 words
      • Article
        Stockholm
        141 24 I.3pc A sharp rise in Ericsson share prices lifted the Stockholm bourse, which was also supported by stronger foreign markets. A positive opening on Wall Street also boosted late Stockholm trade. The OMX Index firmed 1.3 per cent to 1,233.78 in moderate turnover of 2.081 million crowns. Ericsson touched
        141 words
      • Article
        Brussels
        188 24 +17.37 Belgian shares ended more than one per cent higher, triggered by hefty gains in Belgian bonds after Sunday's election showed the centre-left coalition was likely to continue. Firmer European share markets also helped to boost the market and an early rise on Wall Street was likely to keep
        188 words
      • Article
        Milan
        98 24 -0.48 pc The bourse was down 0.48 per cent on technical factors, with the Mibtel Index closing at 10,252 points after a day of heavy but irregular trading. Milan May 22 Lire Abulia 0»d 790 -2 AMate I0J50 -SJ Baa<« tJ -I Fk *500 uncti ***** 299 Ifi Pnv
        98 words
      • Article
        Amsterdam
        295 24 +5.81 Dutch stocks posted their biggest one-day rise in almost two months as investors grew confident the benchmark index will set an all-time high. Optimism about steady earnings growth, falling interest rates and a higher dollar incited fresh buying interest in the wake of last week's 2.4 per cent
        295 words
      • Article
        Zurich
        217 24 +24.92 Swiss shares closed a busy session at the day's high. Dealers said trade was largely driven by derivatives. Client orders were moderate. The broad SPI Index was up 24.92 points to 1,802.06. The blue-chip SMI Index was uo 50 points to 2,751.0. Dealers said the firm dollar and
        217 words
      • Article
        Johannesburg
        388 24 +14.4 Shares ended a slow day mixed yesterday as an easier gold price and low demand pulled mining shares lower, but industrials held steady after steep declines on Friday. Dealers said early Wall Street strength had offered late support to the industrial board and should bring some demand back
        388 words
      • Article
        New York
        758 24 +37.70 Stock prices turned sharply higher in moderate trading early yesterday as buy programmes boosted the markets stabilisation process after Thursday's steep decline. The Dow Jones Industrial Average, which inched up 0.69 point on Friday, was ahead 37.70 points to 4,379.03 at 11 am EDT. The New York
        758 words
      • Article
        Untitled
        795 24 Britannia Funds Sterling Cadi Bid Oder Mini l ap Deport 3* 6400 3* 6500 Mim Jcncy Cafe jOI*93 0 1992 Mim Mu Income .***** ***** US$Ca»h Inoumr Plus Fund 10 1400 106(00 PS S Rocm Fund 5 4700 5 4(00 Sterling Eqaity Euro Pcrfomumr ....0.4592 0493* Far Em Fund •2
        795 words
    • Article, Illustration
      Lock icon HONGKONG
      2966 25 Reuter HONGKONG Stocks ended modestly firmer on late overseas-led buying following a day of narrow meandering in thin trade, brokers said. The Hang Seng Index ended 45.42 points or 0.50 per cent higher at 9.058.74, off the top of the day's 73-point range. "People are very cautious about the
      Reuter; Source: Bridge Info  -  2,966 words
    • Article, Illustration
      Lock icon CHINA
      577 25 CLSA IN Hongkong, H shares finished 0.02 per cent higher on turnover of HK$B2 million. Maanshan Steel and Shanghai Petrochemical saw the heaviest trading, accounting for 59 per cent of total volume. Maanshan Steel surged 1.2 per cent, while Shanghai Petrochemical remained unchanged. The B shares in Shanghai gained
      CLSA  -  577 words
    • Article, Illustration
      Lock icon TOKYO
      2447 25 Reuter TOKYO Stocks closed lower in the absence of buying interest, with the key Nikkei Average falling below 16,000 for the first time in six weeks, brokers said. The 225-share Nikkei Average was down 351.73 points or 2.18 per cent to 15,789.12. Turnover was small, estimated at 200 million
      Reuter; Source: Bridge Info  -  2,447 words
    • Article, Illustration
      Lock icon BANGKOK
      1840 25 Reuter BANGKOK Thai stocks closed lower on late profittaking, particularly in the finance and telecommunications sectors. The SET Index closed down 7.33 points at 1,316.41 after fluctuating between 1,313.01 and 1,332.04 in heavy trade. A total of 163.8 million shares worth 9.7 billion baht traded. Investors were speculating in
      Reuter; Source: Bridge Info  -  1,840 words
    • Article, Illustration
      Lock icon JAKARTA
      1168 25 Reuter JAKARTA Share prices closed higher in its first day of automated trading, with some players seen cautiously sidelined causing overall thin trading, brokers said. The official Jakarta Composite Index closed 2.68 points higher, or up 0.58 per cent, at 461.39. "Some market players were seen staying cautiously on
      Reuter; Source: Bridge Info  -  1,168 words
    • Article
      CLOB INTERNATIONAL
      2580 26 br Gr I99S Last Vol Da> lMl>Mr IN* IH» VU Net M < ap High Lou C iNnpaa> Salr 1*000) lli*h Ijw Baytr Setter O VIt MALAYSIAN STOCKS T» 7* m MSB Vk: WO 131 '8* 180 <80 182 V0 2 9 0 2 »0 i21 *.S m
      2,580 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares end flat as foreign buyers turn cautious
        6783 26 AFP, Bernama KUALA LUMPUR Malaysian share prices were barely changed in thin trading yesterday, closing ofT lows on late buying of selective bargains. Brokers said foreign buyers turned cautious ahead of the US Federal Open Market committee meeting today on interest rates,
        AFP,; Bernama; Source: Bridge Info  -  6,783 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        9139 27 MAIN BOARD Hi (ii M »t IW Ijm Vol l)ai Itjuute Div Div VM Net (up \>| High low tonipani Suit 47- t'OOOl High |jn Bu\«t Vlln C"vr S P/K fcnil Pik-e INDUSTRIAL AND COMMERCIAL 482 382 ml s .Vma 50c 400 cd -4 209 404 400 400 402 22.5
        9,139 words
      • Article, Illustration
        Lock icon FOMC meeting, Nikkei's plunge weigh on market
        1884 28  -  By R Sivanithy SINGAPORE The Straits Times Industrials Index just managed to hold on to the 2,150 support level yesterday when external events and future considerations dictated the pace of trading. A large number of investors were noticeably absent from the market ahead
        Charts by Bridge Info; Source: Bloomberg  -  1,884 words
  • Page 17 Advertisements
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      334 17 NEWS VALUE Parkway to buy regional chain of Mount Elizabeth Hospi- (pg I) Parkway likely to see some buying support. Tokyo market plunges amid fears of Wall Street slide (pg 1) Looks like the Japanese stock market has not seen its bottom, depressed as it already is. Jitters on Jakarta
      334 words
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      951 18 >/L mn m ps &si |f| PAN MALAYAN HOLDINGS LIMITED (Incorporated in the Republic of Singapore) I NOTICE OF THIRTY-FIFTH ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN that the 35th Annual General Meeting of J Stockholders of the Company will be held in the Conference Room, 63 Market I
      951 words
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      Page 18 Advertisements Column 2
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      47 words
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      424 words
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      340 words
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      Page 20 Advertisements Column 2
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      281 words
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      Page 23 Advertisements Column 1
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      Page 23 Advertisements Column 2
      20 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing Figures are carried instead.
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      140 words
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      102 27 In a world of haves and have-nots, it's clear What most shavers have. §wKt Foil shavef fI" F 400). it has 3 narrow foils with BS more holes for a closer contact. Long whiskers \A/L c< L, are also more effectively captured by its wnai some snavers nave. c m
      102 words
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      863 28 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertise your Appointments or Notices, caK toll-free 1 -800-741-1883 The StraiU TimM I BBHhH inter-roller engineering limited 5 NOTICE OF ANNUAL GENERAL MEETING N Notice is hereby given that the Annual General Meeting of
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      Page 28 Advertisements Column 2
      445 28 IN THE MATTER OF THE COMPANIES ACT CAP 58 AND IN THE MATTER OF DIRDAM ENTERPRISE ft CO (PTE) LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act Cap 50 that the Final Meeting of the Members of
      445 words
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      Page 28 Advertisements Column 3
      346 28 GOLD HOUNTA* TRADING PTE LTD (tn Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 (2) of the Companies Act Cap. 50 that the Final Meeting of the abovenamed Company wiN be held at 27 Cantonment Road. Singapore 0208 on 23 June 1995 at 11a.m. tor the purpose
      346 words
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  • Shipping Times
    • Article, Illustration
      Manila container giant ICTSI posts 41% fall in income
      379 29  -  By Alec Almazan SINGAPORE The operator of Manila's only container terminal reported a 41 per cent drop in net income last year to 205 million pesos (Ssll million). Manila-based International Container Terminal Services Inc (ICTSI), a Philippinelisted firm owned partly by
      379 words
    • Article
      Lock icon Lankan exporters prepared for port delays due to tighter security
      343 29 Reuter COLOMBO Sri Lankan exporters and shipping officials said yesterday they were prepared to put up with delays caused by tightened security at the Colombo port in the long term interest of their trade. "We feel that security is absolutely
      Reuter  -  343 words
    • Article
      Lock icon Effjohn fits third doors on ferries
      143 29 Reuter HELSINKI Finnish ferry operator EfTjohn Oy said it was fitting a third door behind the existing ramp and bow visor at the front of its ships in the Baltic area to meet anticipated new safety requirements. "We are also, where needed, changing the
      Reuter  -  143 words
    • Article
      Kvaerner Fjellstrand S'pore signs $40m deals
      182 29 SINGAPORE Kvaerner Fjellstrand Singapore has signed two contracts worth more than $40 million with a Brazilian and a French company for the sale of two catamarans and a high-speed ferry. Transtur Aerobarcos do Brasil of Rio de Janeiro is buying two 40-metre Hying Cat
      182 words
    • Article
      MARITIME STOCKS
      325 29 SES TOO May 22 S$ Vol CWT Distribution L 1.68 unch 2 CWT Distribution A 1.51 Chuan Hup Holdings —1.17 unch 5 Cosco Investment S 1.78 unch 25 Cosco Investment A 1.57 +0.01 10 Far East Levingsto 6.70 -0.05 371 GB Holdings Ltd 0.79 unch 10 Hai Sun
      325 words
    • Article
      Lock icon Evergreen considers global depositary receipt sale
      295 29 Bloomberg Business News TAIPEI Evergreen Marine Corp, one of the world's largest container shipping lines, is considering an overseas stock sale this year, a company official said. "It's preliminary," said the official, who asked not to be identified. "It's not concrete." The company plans
      Bloomberg Business News  -  295 words
    • Article
      Bunker supplier did not act maliciously in arresting ship
      446 29  -  nnffl By Ramesh Divyanathan SINGAPORE A bunker supplier which faced a shipowner's claim for wrongful and malicious arrest of a vessel won its case in the High Court. Judicial Commissioner Lim Teong Qwee's decision on the Tan to L'tama was reported
      446 words
    • Article
      Lock icon US House panel clears bills for US$100m ship subsidies
      341 29 Knight-Ridder WASHINGTON A House maritime-oversight panel has recommended two bills that would provide US$lOO million (SSI39 million) in new annual subsidies for US-flag ship lines and authorise US$4B million in federal guarantees to support US$5OO million in private sector shipbuilding loans,
      Knight-Ridder  -  341 words
    • Article
      Lock icon Aussie govt considers P&O bid for ANL
      261 29 Reuter CANBERRA The Australian government said it was considering an offer for its shipping line, ANL Ltd, from Peninsular and Oriental Steam Navigation Co pic (P&O). "The government (will) be examining the options now available in relation to ANL in the light of
      Reuter  -  261 words
    • Article
      Lock icon China's delay in building of 2 container ports may cost HK economy HK$50b
      752 29 Bloomberg Business News HONGKONG The Hongkong economy could lose HK$5O billion (Ss9 billion) if construction doesn't start by summer on two container ports held up by China, the government said. Last Friday, Britain and China failed to
      Bloomberg Business News  -  752 words
    • Article, Illustration
      Lock icon UK ports plan further expansion
      644 30 The maritime world's leaders are casting keen glances over the opposition Fairplay THE ports industry in the United Kingdom has undergone massive changes since 1989, when the transport secretary mooted his desire for privatised ports. From an undisciplined, inefficient and unstructured network of harbours large
      Fairplay  -  644 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      308 30 Page •ANL 3 Able 7 Accord 10 •Ahlcn, 6 •Ahrenkiel 4 •Appenship 4 Astro 10 Austral 11 Avant 6 BS A 11 Batamindo •CCNI 4 •CMA 11 •COSCO 7 •CSAV 3 Centenary 7 Central Ex 11 Chahaya 2 •('ho Vang S Contipac 10
      308 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      11298 36 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. 1 The page number refers to the location of the schedule advertisement ETA ETA LIm VmmI Voyage fg If li Mmm
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        626 41 Voy No Berth Arrival Departure Port V9508 J7 alongside 23.05 2300 7* te 9509 a alongside 23.05 2300 05/05/95 J7 alongside 23 05 2300 Hong Satu 2/95 8/9 alongside 23.05/1200 21/95 J10 alongside 23.05/0800 n( 05/07/95 J1 alongside 23 05/1300 Pr«setya Lestar. 098 B alongside 23.05/2300 S**
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      • Article
        CONTAINER SCHEDULES
        1313 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO tocord Booking/Balance Rsitj Ship Voy No Etb/Btr Period From To From Ac* Lilac 0446 24/0700 IB 22/1500 22/1659 22/1900 2A 22/1700 23/0659 23/0900 28 22/1700 23/0659 23/0900 3 23/0700 23/1159 23/1400 4 23/1200 23/1459 23/1700 Ac* Swan 171A 24/1000 IB
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      • Article
        COCKETT BUNKER MARKET REPORT
        893 41 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
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    • AIR & LAND TRANSPORT NEWS
      • Article
        Abacus wins Asian Frequent Flyer management deal again
        344 42  -  By Rahita Elias SINGAPORE Mega-Com-puterised reservations system Abacus has won the facility management contract for the Asian Frequent Flyer (AFF) Programme for the second time. The new contract runs from May 1, 1995 to April 30, 1998. Abacus president CEO William Liu
        344 words
      • Article, Illustration
        Lock icon Rail delay
        55 42 Reuter WARSAW Striking Polish workers from the Ursus tractor factory blocking one of the main railways out of Warsaw on Friday to put pressure on the government over aid to their ailing plant. The blockade, which delayed several trains, ended late in the afternoon after rain exhausted the
        Reuter  -  55 words
      • Article
        Lock icon Asian airlines show interest in 500-seat Airbus plane
        290 42 Reuter S'AGARO, Spain Airlines in Asia are virtually the only companies interested in a large, 500-seat plane under study by Airbus Industrie, a senior Aerospatiale executive said. Claude Terrazzoni, director of the aeroplane division, said apart from British Airways pic, which is
        Reuter  -  290 words
      • Article
        Lock icon China and South Korea choosing Western partner to build new plane
        316 42 Reuter S'AGARO, Spain China and South Korea are negotiating with French Aerospatiale, US Boeing Co and German Daimler-Benz AG to choose a Western partner to build a 100-seat passenger jet. Louis Gallois, chairman of state-owned Aerospatiale told reporters on
        Reuter  -  316 words
      • Article
        Lock icon Northwest seeking tie-ups with China airlines
        162 42 AFP HONGKONG Northwest Airlines wants to set up marketing and operating alliances with China's state carriers, but it has no interest in taking equity stakes in them, its president John Dasburg said late last week. On a visit to Hongkong, Mr Dasburg said Northwest
        AFP  -  162 words
      • Article
        Lock icon Strike-hit Hyundai resuming operations
        129 42 AFP SEOUL Strike-hit Hyundai Motors, South Korea's largest car maker, announced yesterday it would withdraw a sixday lockout and resume operations today. "All Hyundai employees should return to work at B.ooam Tuesday" at the company's vast plant in southern Ulsan, the company said in an early
        AFP  -  129 words
      • Article
        Lock icon MAS, Boeing in US$50m contract
        129 42 Reuter KUALA LUMPUR Malaysia Airlines (MAS) is converting two of its Boeing 747-200 passenger aircraft into cargo freighters at a total cost of US$5O million (5569.5 million), a senior airline official said yesterday. The freighters are expected to increase the airline's revenue from cargo operations
        Reuter  -  129 words
      • Article
        Lock icon US to recall 8m vehicles with faulty seatbelts
        391 42 Reuter, AP WASHINGTON The safety arm of the US Transportation Department plans to announce early this week the recall of Japanese-made seatbelts on millions of cars, and reports say 11 car makers have agreed to repair or replace these seatbelts. The National
        Reuter,; AP  -  391 words
      • LOG BOOK
        • Article
          Lock icon HK airport bill wins China nod
          91 42 Reuter HONGKONG The Hongkong government said yesterday the bill setting up the Airport Authority will be gazetted and introduced into the Legislative Council, with commencement of second reading debate tomorrow. Gazettal or publication in the government gazette, a necessary step before introduction of a
          Reuter  -  91 words
        • Article
          Lock icon VW to link demand with work week
          114 42 Reuter BERLIN Volkswagen AG management board chairman Ferdinand Piech said he wants to link the number of hours worked in VW plants to the level of car demand. "My wish to the unions is that we build our cars when.they can be sold
          Reuter  -  114 words
        • Article
          Lock icon 13,000 rail-crossing mishaps in 4 years
          116 42 Reuter BEIJING Accidents at railway crossings in China have reached nearly 13,000 in the last four years with more than 12,000 casualties, the Xinhua news agency said yesterday. The agency said Chinese railway officials had responded by calling for drivers to take greater care.
          Reuter  -  116 words
        • Article
          Lock icon Prices of Proton cars to rise in Aug
          104 42 Bernama KUALA LUMPUR Prices of Proton cars are expected to increase by between M$ 1,500 (SSB46) and M 52,000 each, depending on the models, in August this year. Edaran Otomobil Nasional Bhd (EON) Adzmi Abdul Wahab said yesterday the indicative price increase
          Bernama  -  104 words
      • Article
        Lock icon US threatens Manila over airport security
        234 42 AFP MANILA The US Federal Aviation Administration (FAA) has threatened the Philippines with sanctions unless it upgrades security at Manila airport by August, the Business Daily newspaper reported yesterday. The threatened sanctions would include restrictions or outright cancellation of USbound flights originating from the
        AFP  -  234 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1412 42 AIRCRAFT ARRIVALS DEPARTURES at? ngM ro n« n» Abu DM Qim2 2310 (MM Qf81 1930 QF82 2055 SQ22B 2120 nwllliM KL831 0925 GA974 0020 SQ327 1530 KL844 0040 GA897 1605 KL838 2300 3028 2MB DM— SQ348 2250 tadrimi SO286 2040 SQ288 2045 NZ74 2340 BWkiMi B42I 1100 SQ182 0915 SQ18I
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      Page 30 Advertisements Column 1
      1612 30 -f BULL E T I N BOA R D Molam's new regional V-P Station manager jogs at VH MAKE A SUGGESTION East Coast Akin \A/IN Mitsui OSK Lines Clintok is now responsible for f *jfl MlwU wwElw (America) Inc has all sales, operations and HX* 'A r The Port of
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      Page 30 Advertisements Column 2
      293 30 Lines and services represented by /^pfc£v\ Members of the Registry of Accredited UHg)®*) Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Td 740-2089 4 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday Business Times COfTAURUS 3Q/5 3/8 RdnVANvAJK/NwHn I
      293 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      961 31 FOOMC SUN SHIPPING (PTE) LTD WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0511 BOOKIOMMUOQUHIIIS CM NOt **********0W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP VESSEL VOY ETA ETO DESTINATION SUN RAY 8/95 IN PORT 24/5 PUUU/PALEMBANG NEE OIAKI 7/95 21/5 31/5 PONTIANAK/SINTFTE GULF SULTAN 2/96 1/6 BENGKULU/PAOANG SUN RAY
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      Page 31 Advertisements Column 2
      1168 31 VOT smua/p I ux Ott CH I mm/<OL wou I nyc mm m~| Huusmmum *»a a/os/»/»s n/ot u/06 u/ot is/» i4/D» u/» »/o» gbmgiWashwgtoww »7A ~oi/o> /oi/ot ij/Qj —»Z*— n/ot a/ot a/» y/ot lUKiimM* *a> M/ 0* /W/06 »/B* n/tt 30/» 30/0t «/07 04/97 HBMY HUDSON BBDGI MA 15/0* «/B7
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      Page 31 Advertisements Column 3
      904 31 OHANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VS. rwri LINE HAUL SEA YVR POX FOR VSL SM LIME HAUL UK U NVC HMUM ROTTERDAM (DOE 2M MWCT 15* IM 17* IRENES SYNTHESIS OOBE 2M M. AMERICA 821E M M V 7 HANJM
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      Page 32 Advertisements Column 1
      1283 32 VBSa VOY HAM row MI LMA STON P KELANG SIN MG (AO IYO SM KOK Ntf uivjiAa vs~ </s 7/s ~a7r~ jjEZ jH jSE ZZ ISII 131 UNAfIMA W/411 t/S VS VS IQ/5 VS 21/5 W/S jg Vt */4 1_ HAMiuwamss ot/m )Q/s iz/s n/s tys M IZ*—ML V* UfiA
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      Page 32 Advertisements Column 2
      1290 32 I NORASIA VSUVOY «N ALQ BC^^^VA^^MAJJ^^BR^^RO^^AN^^FE^^LHJ^I H MOTIVATOR 510W 2MB H« 12M IMB 14.08 IMB IMB 16MB IMB 17MB SEABBTIATIVES2SW 2MB IMS 17« IMB 1746 IMB IMB IMB IMB 2MB NOR MALTA H2l-3 31MS 20MB 2MB 2MB 2MB 20M6 2MB 27M6 27M8 2MB I NOR KIEL 9622-3 07MB 2MB 01M7
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      Page 32 Advertisements Column 3
      598 32 JAPAN/HONOKONO/BTRAITS REGULAR SERVICE LOADING FOR PORT KLANQ/PENANQ VESSEL VQV S PORE P 6UOAM6 PK6 I PEN MTWW 11 amy 26MAY meta i amy a mat 30 mat PAKARTI 3AMOIUU) 1 2) MAY 31 MAY KAU-EM M a MAY 11 JUM LEVI* 81 >2 JUM 31 MAY 04 JUM TOLEOO 78
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      Page 33 Advertisements Column 1
      1355 33 ffV STRAITS SHIPPING PTE LTD j 10 Noe Chiang Road *11-01 Keppel Towers JMLjBF Slngaporo 0200 Tal: *****00 Fai: *****17 new guinea pacific line service of china navigation co> CARGO DUE SAILS STRAITS HOPE VMttE MhMn.Ufe.KK 23 May In Port 24May C JMAfiAM-22 VWKKX.Ston.lta 24-25 May 2* May 27 May
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      Page 33 Advertisements Column 2
      1890 33 tfcliiiitL RfeO CjAlltflillClN PM°ConUdnm (Singapore Agencies) Pte Ltd Mit UIwA V 10 Hoe Chiang Road, #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE Te,: 225 2233 Te,e RS ***** pNOCSp F 225 5327/222 7517 CR Number *****9 *****/. EXPORT IMPORT vcaacL voy pm *MA~Gii sou ant nor ham OOT
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      Page 33 Advertisements Column 3
      524 33 OVTMOUBM> PKI PBI JOH SM HK6MOTM IB YOK TOK MAC KOB Ott MOJ KB SEARMMBtMBM 21MB OM 24M5 28-2 MB 3MB 31MB MMB KM 47MS BBMB 12*5 44M1 LHXOB MBM 2MB 27-2 MB >IM MMB VMNHAI2ISMBM 24*5 2MB 27M8 2S-2MB PM MMB BMB BMB 12MB 13MB 14MB 11MS WANHAI2I2/MBM 2MB
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      Page 34 Advertisements Column 1
      1067 34 EUROPE/UK/SCANDINAVIA/FINLAND/RUBSIA S6P RDM HBQ THP ANW LHV LHV ANW THP HBG ROM «L MP E REWARD RW-013 27/5 1M 18/0 2(W 21* E. GRAND RE-OS 2 24/4 25/4 27/4 21/4 Zt'* Kfl INPT E RIGHT RW-010 3lt 23* 25* 27/5 21/7 E. BE HUE RE OM U M 3/5 W
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      Page 34 Advertisements Column 2
      830 34 PERSIAN QULF SERVICE *jj!fl OU> MU DM MM RWT Ml I WfttRLAAO 300 2MK 04.W OMR 07« 07 M UNCONCt fl T 034*016* Stt IM ?nS CONCORD *SW [050 004* Ul« i iW M T* .J2 UMCONCOm Wl-KIW Wj« iiw 2MK M« MM ?1« I M.IO «CCtrriNG Fa TO OOW
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      Page 34 Advertisements Column 3
      637 34 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 LINES) FAX: ***** IS/*****03 TELEX: RS ***** RtSHIP (3 Lines) CR NO: **********0E ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vmm 4 Voy ETA Loading foe Sport «4WB Andtnat 40WB 18/06 AssaD, Massawa H KIEN HUNG
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      Page 35 Advertisements Column 1
      2068 35 "bSOSOTRS HBff VVA FHJXSTOHE, ROTTERDAM AND HAMBURG /!n*«n M(a—M):mnss At»»t r oifi CUSTAH SHIPPING PTE LTD f (B»»irtij: 2211 m cmMw *ttsui/tu ctwr ik-u «;um; r..,„.., it§t7ts c n :'i"'' 42 SSKmr* OIS Ml Ti»§r l CRMI tlTtJtftOtlM Fn 22H20! trt»kMk Ire OKt 42H750 l&ilimtM 4!***** SlWfim UCR CC'U JOHOHt
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      Page 35 Advertisements Column 2
      462 35 Ms PUL INTERNATIONAL PUL INTERNATIONAL m rjL. < -i—i >--imy vhrhim rvvm mm wm OHrt i Rtfriv HuaDay SAii hlww Mm J Mil TIMI fWT» P IMHyM i IHM Ab# COC/SOC C*§» (Dry/Rtthr) It al wt Mm. Hnn CMtVCt Off JAKAmffffC SSUS/WK VSI VOT I SIM Mi lan DKAGOM SUMATtA
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      Page 35 Advertisements Column 3
      804 35 M FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT UNE: *****33 (30 UNES) GOTHENBURG/SCAN 29/05 ROTTERDAM 20/05 AARHUS/COPENHAGEN 29/05 HAMBURG/BREMEN 26/05 MARSEILLE/FRANCE 30/05 FELIXSTOWE/UK 29/05 BARCELONA/SPAIN 24/05 LEHAVRE/FRANCE 26/05 GENOA/ITALY 27/05 ANTWERP/BELGIUM 26/05 LOS ANGELES/WC/IPI 26/05 SYDNEY/MELBOURNE 26/05 NEW YORK/EC 25/05 FREMANTLE/ADELAIDE 26/05 VANCOUVER 26/05 BRISBANE 26/05 TORONTO/MONTREAL
      804 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      868 38 ImNSSSSSSBK^^Zmi VEBBCL VOY jkt vessel wr aw wn i^B WAHABHUM 2788 ~Thu 28/5 Sun 28/5 THANABHUM 1«H Tu. »PT ~Wd */5 ZEI -V- VjgABHUM 1338 Moo 28/5 Thu 1/8 BUMOA BEROJA 8077 Tjg HPT Ww |2W g* BHATRABHUM 818 W«< 31/5 8* 3/8 i KOTAJAPE JAPOB7 Wd S4/8 Frl »/5_
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      Page 38 Advertisements Column 2
      573 38 79 ANSON ROAD, *21-01, SINGAPORE 0207 TEL: *****92 FAX: 2261*67 CR *****92Q000N PORT KLAHO PENAMQ mm. I wor mi no. vma wr m fa SEA LAUREL 390W 2Sft(THU) 26^5(TOP MCCCONVEYOR 5030 24ft (WED) 266 (FRQ EAGLE BREEZE 205 A 2S6(THU) 27/S(SAT) XOURJAYA ***** 26/5 (TO) 28ft(SUNl SEA LAUREL 391N 28ft
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      Page 38 Advertisements Column 3
      176 38 GOLDEN LINE GUAN GUAN SHPHNG lK£o\ (PTE) LTD U'-NX> 23, TMok Ayor SfcMt SMGAPORE 0104 1 TEL: *****68 (10 LKS) F«c*****04 fCR No 1Q1?9WOOOOW ■T>AIT«/>rm«IAN 6DLF «EMVICK Store PKelang Penang GOLDEN BEAR W PORT OXDWSTARKaracJVDubaAuwat 26/28 May CHINA mvici GOLDEN WONDER Shanghai 28/29 May SHI BAD Huangpn/Shanghai 2S/29 May A
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      Page 39 Advertisements Column 1
      623 39 MYANMA FIVE STAR LINE r (Myanmar National Una) w Loading for Yangon (Rangoon) Sport P.KIg PEN P.Gdg SITTWE VS7E SLD PATHEIN VI32W SLD PAGAN V22OW 28/05 MALAYSIA AGENTS: SOUSTEAO SHIPPING AGENCIES KUL: TEL 0243-*****80 PKL: TEL 02-03-*****01 PEN: TEL 02-84-*****82 PGO: TEL 02-07-*****21/4 M NIGERIAN NATIONAL SHIPPING LINE SPORE FOR
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      Page 39 Advertisements Column 2
      1107 39 ADVANCE CONTAINER LINES (PTE) LTD —A 140 Cacll Street, #12-00, PIL Building, Singapore 0106 I TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR NO. **********0E BANGKOK HNOA BXPRBM JAKARTA MWMJIKfr (THAI FLAOB I WBIIO3 I IM| w| (W*M|SI»S (S»»9 I <WO6 I HOT* HDAti BHOS7 WM (%mj »TUT |>M
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      Page 39 Advertisements Column 3
      837 39 **********Z VESSELS VOY 8N LE HAVRE HAMBURG THAMES ROTTEROAM ANTWERP VILLE DE LIBRA LO9W 2306 13/06 15A36 17/06 18/06 IM6 VILLE DE NORMA NQ9W 31/06 ZVO6 22/06 24/06 25"06 2M06 VILLE DE CARINA COBW 06AM 27/06 29*36 01/07 02/07 02/07 VILLE DE SAOfTTA SO9W 13/06 04/07 06/07 06/07 OSO7 10/07
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      Page 40 Advertisements Column 1
      694 40 AFGHANISTAN MAM Afghanistan Ltd., HkJH Hairatan, Torghundi, Islamqala (Doqharun) MWmOcmWm c.i.s./russia: Alma Ata. Ashkhabad, Baku, Dushanbe, I Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, MllnZer Muncn Novosotoirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia; uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA ALSO ACCVTWO CAMO
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      Page 40 Advertisements Column 2
      348 40 MN CONTAINER LINES, INC I JkfMt*: MAC-NEU SPORE: *****22 (24 DUES) l~\X-/\~ J MMOiMWnmai BBU(0B4) *****9 KUCHMG (082) *****3 V PeNANttWWMI BANGKOK (862) *****67 MAMLA (832) SI2BOBI P. KBJWKfc (03) *****77 JAKARTA; (21) (MBlO7 SURA*AY* (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE I mpft Ai/rry PEN PK SIN "JL SIN G'burg£'hagan/S'holm/Oslo 24/5
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      Page 40 Advertisements Column 3
      520 40 STRAITS/JAPAN/STRAITS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY UFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO SO TONS I—ITS1 —ITS [m I 555 rot vpsa n»yr s« w WENT VICA 147 IS/J 17/1 BMUII/S AMMUAMUOTU t M/S I/* HKMI6 4/i MHIIU 7/4 at«/t«MWI7/» TOKYO M/l MSMDO J4/4 otwiua mAMUi/t otAMiarr
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
      129 41 REGIONAL WEATHER LEGEND: R Thunderstorm Temperoture c X\ V Shower Weother Wind direction with speed in knots •e Rain V-/ CJoudy Sky Wove Surface winds ore indicated by arrows which with the wind (5 One hJ circle represents calm or light and vonoble winds i— One holf fleche represents 5
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