The Business Times, 1 May 1996
1996-05-01
1
36
https://www.nlb.gov.sg
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The Business Times
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Title Section13 1996-05-01 1 THE BUSINESS TIMES MITA (P) 046^12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE WEDNESDAY, MAY 1,1996 85<13 words
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Article31 1996-05-01 1 |Q SrSM-8.12) H IT-MUk U IBM! (+140) 1 1 KL8SOOMP JulS—+HUI f SAW 8B»^^U«.:r 0178 i atranp. mm—+&s WUXtkQMe—*«t -l.« mWIA nwff—JM7J8 -2112 giwn rtmr us CLUCBKAB TSfcJi +U.M31 words
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Article34 1996-05-01 1 rw IHMW1MB u» 81 m~~ im ■a.-. ,r.siiw—IMP nr •.«*__—tjti *mu MM 1J« 3gg&- 15—12 i wfczZIZIIIzE^ TOKYO 1m ML ltd waar m» nkmrvKr"—_ u mwow T jp WgWYWBU^, m (Source: NatWest Bank)34 words
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Article, Illustration748 1996-05-01 1 Quak Hiang Whai - But ousted Sukamto Sia says he is still a force to reckon with From Quak Hiang Whai in Hongkong OEI Hong Leong yesterday outmanoeuvred fellow Indone-sian-born Singapore businessman Sukamto Sia to seize control of Hongkong-listed Sum Cheong International's board and748 words
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Article, Illustration270 1996-05-01 1 Jennifer Lien - By Jennifer Lien {SINGAPORE] Creative Technology shares jumped 21 per cent on the main board yesterday, gaining $1.80 to close at a 10-week high of $10.50, with 320,150 shares traded. The surge was in reaction to Creative's gains on Nasdaq in the US on Friday andSource: Bloomberg; JEN CHUA - 270 words
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532 1996-05-01 1 S N Vasuki - Analysts watching who Suharto will nominate to ran for vice-president Prom\ S N Vasuki in Jakarta THOUGH political succession in Indonesia has always been a major concern for foreign fUnd managers, analysts say the issue will receive special attention with the death532 words
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Article, Illustration333 1996-05-01 1 Ven Sreenivasan - By' Ven Sreenivasan [SINGAPORE] Events at the troubled Scotts Holdings took another dramatic turn yesterday with Ameerali R Jumabhoy stepping down as executive chairman of the listed company with immediate effect Also effective from yesterday was the departure of Ramesh Chancier Sarin from333 words
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Page 1 Advertisements
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Advertisement69 1996-05-01 1 db Plenty, In view of the aeotor's recent downmove, I*3 ftlt 2 i IteMQUtaikakDHia ferine a new turn, I*B prk*wffl continue to be nutjc. iitvMUiMSit analysts seem Inmding too nmeh JgMn Suharto's death. ji —too soon to tell of impact, given SingTel's nonchM poeitton. ceadusive indicate so "no change" to69 words
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Advertisement26 1996-05-01 1 »HAPpy SPOBT* jap 91 P W IH SI Br T S&9 >7 9 W| Wr&P^' II fefc >/ J CHOPARD 435 Orchard Road-N° 02-36,Wirana Atria 65/737 Watches-Jewellery-Perfume-Accessories26 words
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FOCUS: PERSONAL FINANCE & INVESTMENT
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Article, Illustration469 1996-05-01 2 Naresh Verma - TBCHHHsAL VIEWPOINT Wide ranges, corrective markets and downside pressures likely to be in store for some counters after the index's recent downmove By) Naresh Verma The writer is a manager of technical analysis advisory (South East Asia) at Dow Jones [SINGAPORE] IS THE recentALLAN - 469 words
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Article, Illustration584 1996-05-01 2 Stody shows that most top-yielding fands in 1990 doot make the mark five years later Bloomberg Business News [BOSTON] Fixed-income mutual funds paying the highest yields today probably won't be the ones producing the most income dollars for investors in future years. InBloomberg Business News; DOLLARS & NONSENSE - 584 words
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280 1996-05-01 2 Bloomberg Business News [NEW YORK] Fund manager Robert Doll has raised his cash holdings to 27 per cent in recent months from 9 per cent an investment approach that helped the US$l.2 billion (Ssl.7 billion) Oppenheimer Growth Fund sidestep the full brunt of aBloomberg Business News - 280 words
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835 1996-05-01 2 [SINGAPORE] How does an investor measure a fund or unit trust's performance based on risk as well as reward? The reward/ risk ratio is simply the return of an investment divided by its standard deviation. The risk categories835 words
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Page 2 Advertisements
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Advertisement115 1996-05-01 2 SfAR EAST LEVIMCSTON SHIPBUILDING LTD FELS (Incorporated in the Republic of Singapore) ISSUE OF U*****,000,000 PRINCIPAL AMOUNT OF 1.5 PER CENT. UNSECURED BONDS DUE 2001 CONVERTIBLE INTO NEW ORDINARY SHARES OF 550.50 EACH IN THE CAPITAL OF FAR EAST LEVINGSTON SHIPBUILDING LIMITED (THE "COMPANY") The Directors of the Company are115 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration446 1996-05-01 3 Teh Hooi Ling - HTBOM THEBOOMOMT Prices By' Teh Hooi Ling WHOLESALE prices remained firm in the first quarter of this year, latest figures from the Department of Statistics show. The Manufactured Products Price Index for the first three months of this year averaged 81.9 points, or 1.1 pointsALLAN - 446 words
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396 1996-05-01 3 Anna Teo - Ibctsbss si $600 ts# steep, say seme eapleyerswhefaar tMresfts will rise By. Anna Teo FROM today, the minimum salary for an employment pass goes up from $1,501 per month to $2,001 a jump some employers see as too steep. Foreigners whose monthly396 words
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NEWS Roundup
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Article8 1996-05-01 3 rrrl< nfiwtni i—iIIihiTIhi) iiiiwUMmiiinilMBflai lln8 words
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Article, Illustration436 1996-05-01 3 Chuang Peck Ming - Support for government will, however 9 keep workers in weD-pajiagjobs By < Chuang Peck Ming THE income gap is likely to grow in the years to come but continued support for good government will keep workers in well-paying436 words
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Article, Illustration373 1996-05-01 3 Abdul Hadhi - Three Macks of flats affected; 8,000 iq m of land ta be sold U private developer* By t Abdul Hadhi TWO sites in Queenstown form the latest additions to the Selective Enbloc Redevelopment Scheme (Sers). National Development Minister Lim Hng Kiang said yesterday three373 words
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Article, Illustration368 1996-05-01 3 Genevieve Cua - Neztpukif petrochem cycle in 1919 or 2000, says DBS Bank report By i Genevieve Cua PROFIT margins of petrochemical manufacturers in Singapore are expected to narrow, pressured by softening product prices and stiff competition. Theoretically, the next peak of the petrochemical cycle should be inSource:; ALLAN - 368 words
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226 1996-05-01 3 WITH a click of the mouse, members of the public can now access information on services provided by the National Registration Department (NRD), the Singapore Police Force and Singapore Immigration (SI). The Ministry of Home Affairs' (MHA) web site, which includes the home226 words
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Page 3 Advertisements
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Advertisement19 1996-05-01 3 -s>* j An extra ten inches leg room between each Business Class seat The world's long distance airline. QAitfMf^^Kfl|19 words
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REGION
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Article379 1996-05-01 4 TAIPEI Premier says Taiwan sees itself as sovereign country until reunification AFP Reuter TAIWAN's Premier Lien Chan stressed yesterday the nationalist island would view itself as a sovereign country until reunification with the mainland, adding the principle of "one-China" was a long-term goal. MrAFP; Reuter - 379 words
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268 1996-05-01 4 TAIPEI Bloomberg Business News FIRST-QUARTER earnings fell for many of Taiwan's largest companies as military tension with China and lower prices for industrial goods eroded earnings. Yesterday was the last day for most companies listed on the Taiwan Stock Exchange to post preliminary profitBloomberg Business News - 268 words
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Article, Illustration957 1996-05-01 4 Yang Razali Kassim - UUIVDf SINGAPORE Just launched scheme aims to help grouping compete for foreign Investments By Yang Razali Kassim ■HMAGINE a Japanese car being in the Asean. H Its engine is made in Thailand, chassis in the bodywork in Singapore and upholstery in Vietnam. The parts957 words
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525 1996-05-01 4 Yang Razali Kassim - SINGAPORE Aico scheme helping to boost Philippine, S'poreties By Yang Razali Kassim SINGAPORE and the Philippines are taking advantage of the new Asean Industrial Cooperation (Aico) scheme to push economic ties to a new leveL At least 20 industrial joint projects between the two countries525 words
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Article117 1996-05-01 4 BEIJING Reuter CHINA has issued new regulations requiring all foreign workers to get work permits. The rules, which take effect today, require workers from Taiwan, Hongkong, Macau and foreign countries to register for employment permits, an official from the Beijing Municipal Labour Bureau said yesterday. TheReuter - 117 words
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Article, Illustration714 1996-05-01 4 Catherine Ong - MANILA By < Catherine Ong IF THE Asian Development Bank (ADB) has plans at its 29th annual meeting to take its members to task for their less-than-enthusiastic support of its lending programme, no hint of this was given in bank714 words
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387 1996-05-01 4 Quak Hiang Whai - HONGKONG Liberal agreement replaces present one signed between Singapore and UK By Quak Hiang Whai SINGAPORE and Hongkong yesterday sealed a pact which wUI safeguard the current aviation arrangements and provide for continued growth in air services beyond the handover to China on July387 words
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262 1996-05-01 4 HONGKONG AFP GOVERNOR Chris Patten warned yesterday that China and Britain may have to hold separate handover ceremonies in 1997 if the two sides could not agree on protocol "We obviously have to settle for second best and arrange things ourselves, andAFP - 262 words
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THE REGION/WORLD
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Article497 1996-05-01 5 GENEVA EUuiUSapwt* cwtimw talks in global 'p'ftnfflit far aaatfcar antha Reuter THE European Union and the United States yesterday agreed to continue talks on a global pact opening up telecom markets for another nine months saving the two-year negotiations from collapse. But EU Trade Commissioner LeonReuter - 497 words
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411 1996-05-01 5 JOHANNESBURG Reuter UNCTAD, Luxembourg and the BIL bank are to create a US$lOO million (Ssl4o million) fund investing in micro-fi-nance institutions in developing countries and aimed at institutional investors worldwide. The fund, backed by the Banque International Luxembourg (BIL), will beReuter - 411 words
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Article328 1996-05-01 5 TOKYO Reuter JAPAN'S Jobless rats dropped sharply in March, providing farther proof that the economy is recovering and bolstering the government's hopes that there will be no return to the record high seen last year. The March Joblees rate fell to 3.1 per centReuter - 328 words
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WORLD Watch
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Article13 1996-05-01 5 FT [NfW YOIBQTHKRMnMtaMfBrty coold Ism control cffef ••Kfcpy ■BMrtMMBPf wt&ttßytfKfQfFT - 13 words
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Article8 1996-05-01 5 says paper AFP ¥W»^jg*aa^^'M'jiM'j^ iTa^Saryflr no«tt«m w tt«n—AirAFP - 8 words
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Article10 1996-05-01 5 Reuter pitttcowm»i 11l gdoi ?T?Km 35 LTiSm vSwIn ,letReuter - 10 words
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Article, Illustration49 1996-05-01 5 [TAIPEI] A Taiwanese worker sweeping a street in front of a poster showing a labourer with severed arms. The poster is part of a May Day exhibition by a labour union aimed at demonstrating the on-the-job injuries often sustained by manual labourers in the country. REUTERREUTER - 49 words
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180 1996-05-01 5 TOKYO AFP NORTH Korea may collapse in six to seven months due to a severe food and energy shortage, a US defence official was quoted as saying by the Tokyo Shimbun yesterday. North Korea "has difficulty maintaining its regime" and theAFP - 180 words
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225 1996-05-01 5 MFRANKFURT NYT FACED with a stagnant sconomy, the Bundssbank is putting off cuts in German interest rstes until monsy-supply growth slows, analysts sakL After slashing its discount rate by a half-point to a recordmatching 2.50 par cent two weeks sgo, fits centralNYT - 225 words
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389 1996-05-01 5 WASHINGTON FrMMtosUyntfl wmctkas AFP THE State Department has rejected China's demand to end a temporary freeze on govern-ment-backed loans to US firms for Chinese projects. The freeze will remain until Secretary of State Warren Christopher decides what sanctions to take againstAFP - 389 words
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223 1996-05-01 5 NEW YORK Bloomberg Business News INVESTORS are holding on to their bets that the Federal Reserve win keep interest rates steady through the summer and will raise them by the end of the year. At least one of the Fed officials who makes decisionsBloomberg Business News - 223 words
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414 1996-05-01 5 WASHINGTON Bloomberg Business News LABOUR costs for US busincsMt rose st s slower pace daring the first qasrter ss benefit costs declined for the first time on record, government figures showed yesterday. The wtphiytiwnt cost Index Increased 0.7 per cent inBloomberg Business News - 414 words
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447 1996-05-01 5 WASHINGTON ■arkattoapaai lMmrMwttaaad 13%iaU5tttsyMr AFP STUDIES released on Monday predicted double-digit growth in global sales of personal computers and indicate the US market was particularly strong in the first quarter. The PC market will expand lt.l per cent worldwide and 13.9 per centAFP - 447 words
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EXECUTIVE LIFESTYLE
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Article, Illustration864 1996-05-01 6 Survey also finds most workers prefer a dumb boss to backstabber Bloomberg Business News Many people who escaped corporate "downsizing" wish they could escape from political correctness, too. At least that's what an informal survey of Bloomberg subscribers indicated. More than 63 perBloomberg Business News - 864 words
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Page 6 Advertisements
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Advertisement392 1996-05-01 6 Fresh specially air-flown Jambo Osyter m WP7 dkectfrom Canada ONLY $2.90 each M (normal price $7) r Hp TACK HSIN STEAMBOAT R/ I JI k?sr SEAFOOD RESTAURANT PTE LTD h 583 Orchard Road 181-13 Foium Galeita ,V_ H 1 Singcpore *****4 I j5.732-6628 |t Dms amidst m siimmuUrigs j [Superior392 words
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Advertisement46 1996-05-01 6 AUUNNIIIC Mflnpial »..i-1-. n in ii iii i cuisine wiQi Nonnem Southern Tim Sum. AlsoavaUUe jflSffilj value for money \A SmJ W SET LUNCH 2-3 person $2100++ jj> 4-spereon $35.00++ 6-7 person $58.00++ rcrHy 8 reservations, please call I ***************. 1 perk Kd IQH3W6 Part Comp<exS(os9m46 words
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Advertisement61 1996-05-01 6 6.30pm to 10.30pm. Mondays to Thursdays. Adult: $23.00*/ Child (below 12 yrs): $14.50* MOENIX COFFEE HOUSE Hotal PVomux Baaaaaat, Orchard Rami/ Somtrtct lua. 5(*****8). T.l: 757 6666 t SHANGHAI SPECIALITIES i ''ttt I jg I I Wl S..i«d tWlll Tiff II MSMarUaHn^^^HV Royal Shanghai Restaurant ~~^HHBj 1 Cavwagh Road. #6161 words
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Page 7 Advertisements
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Advertisement694 1996-05-01 7 Home Decor For people who love their homes Ma. ~<eH I Happy Mother's Day I ♦Special set menus available from Apr 28 to May 12 LONG BEACH SEAFOOD RESTAURANT (Umh> *•**> (Next to Singapore Tennis Centra) 1018 East Coast Parkway Opaa Daily: 11.00 am-3.00 pm ft SJDpm-12.15 am Tet 445694 words
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Advertisement157 1996-05-01 7 The Mezzanine. It's the ideal place for you to sit back and unload. Then unwind over your favourite drink to the cool, unplugged rhythm of our resident band. W«Ve expecting yon. Happy Hours fc Finger Snacks: spm to Ipm. Cocktails Entertainment: Ipm to lam (weekdays) Spm to 2am (weekends) g.-H:7P441l157 words
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Page 7 Miscellaneous
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Miscellaneous771 1996-05-01 7 TV&RADIO *00 AM Jayce the ley of Fear. Special Willows Wheeled Warriors. 1240 NN News. ;1 a The Adventures of Scam- 740 Good Morning Singapore. 2.00 Istimewa Harl Pekerja. per (Children's Animated mo Cartoon Special Little 100 Simfoni. r. u feature). Mermaid. <34 Potret. A IXOO NN Paris Handball Tour-771 words
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Miscellaneous131 1996-05-01 7 CRYPTIC CROSSWORD 23 Low joint as part of river- 7 Remove harmful parts of YBBriBBDULTS bank tease (5) meat, contained badly (13) mAiTIA^^W 24 Awareness of thin, gentle 8 Dismiss obsessive idea of armen on the move (13) sonist (7) DOWN 13 Delightful person to call for a 1 Clergyman's131 words
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COMPANIES & MARKETS
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621 1996-05-01 8 Ho Kay Tat - In new twist to Pengkalen saga, MUI makes $4.04 offer below yesterday's M 56.60 close From'. Ho Kay Tat m Kuala Lumpur IN A new twist to the Pengkalen saga, Malayan United Industries Bhd (MUI), the real estate company controlled by tycoon Khoo621 words
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Article92 1996-05-01 8 [SINGAPOREJ In a report last Saturday, we said that listed companies had to conform immediately to the new Stock Exchange of Singapore (SES) rules on related-party transactions, in particular on the new reporting requirement in annual reports. Under the new Chapter 9A of the Listing Manual, companies are92 words
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Article282 1996-05-01 8 AN EXECUTIVE director and substantial shareholder of Pengkalen Holdings Bhd (PHB) has come out in support of Malayan United Industries Bhd's (MUI) bid to oust the Tan family as controlling shareholder of PHB. Choong Kok Min said through his lawyers yesterday that he was opposed282 words
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Article110 1996-05-01 8 MBT [KUALA LUMPUR] Mekar I daman Sdn Bhd, which now controls 53.9 per cent of Acidchem (Malaysia) Bhd, is proposing to build Penang* s second link to the mainland. Managing director Azman Firdaus Shafi yesterday said work on the project, expected to cost between MsMBT - 110 words
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829 1996-05-01 8 Louis Beckerling - HOCK LOCK SIEW Louis Beckerling AURIC Pacific, formerly Goodman Fielder Asia (GFA) Holdings, is sitting on an unrealised capital gain of arourid $16.4 million arising from an investment in Indonesian bank bonds. Top that with an interest payment of $1.41 million, and829 words
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Article, Illustration387 1996-05-01 8 Genevieve Cua - Re-rating sparked by loss of monopoly sooner than expected By Genevieve Cua [SINGAPORE] Singapore Telecom shares may be re-rat-ed downward following news last week that full market liberalisation would come sooner than expected in 2002. The shares traded to a low of $3.42387 words
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273 1996-05-01 8 [SINGAPORE] Singapore Telecom has raised its stake in Norway's sole private cellular operator, Net Com Group, following a restructure in conjunction with an initial public offer. SingTel's original investment was in Net Com GSM, in which it held nearly 16.7 per273 words
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COMPANIES
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418 1996-05-01 9 Investors welcome sale of stakes in Cathay Pacific and Dragonair AFP [HONGKONG] Shares of Brit-ish-conglomerate Swire Pacific Ltd rose sharply yesterday following a deal handing large stakes in its Cathay Pacific Airways and Dragonair to China-owned interests. Dealers said that investors welcomed Monday'sAFP - 418 words
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Article206 1996-05-01 9 Ruth Wong - From Ruth Wong in Kuala Lumpur FINANCIAL group Southern Bank Bhd has recorded a 14 per cent hike in net profit to M 968.5 million (Ss3B million) for the year ended Dec 31,1995, from Mf6o million the previous year. Group earnings per share, however, dropped206 words
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COMPANY Briefs
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Article45 1996-05-01 9 [SINGAPORE] Singapore Technologies Automotive Ltd (STA) has announced It is investing 111 million over the next three years in R&D. The research undertaking is part ofSTA's aim to maintain Its competitiveness amid the Asia-Pacific region's fast-growing vehicle markets.45 words
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27 1996-05-01 9 (SINGAPORE] Singapore Technologies senior vice-president See Leong Teck has been promoted to executive vice-president, effective today. Tan Pheng Hock is now senior vice-president27 words
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38 1996-05-01 9 [SINGAPORE] Teledata (Singapore) Ltd has acquired an additional 180,000 shares of Msl each at par for cash in Davotek Sdn Bhd, making it a wholly-owned subsidiary. Teledata now holds 250,000 shares in Davotek.38 words
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36 1996-05-01 9 [SINGAPORE] Hamper firm Noel Gifts International said it had received acceptances and excess applications for 16.2 million warrants at the close of its3-fbr-l0 rights issue of 1&5 million detachable warrants last Wednesday.36 words
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Article44 1996-05-01 9 [SINGAPORE] Lim Wan Hoi has stepped down as managing director of United Pulp Paper Co Ltd (UPP), United Paper Industries Pte Ltd and Modern Packaging Pte Ltd, effective yesterday. He will remain as a non-executive director of the companies.44 words
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60 1996-05-01 9 [SINGAPORE] Lum Chang Holdings Ltd said an extraordinary general meeting yesterday approved amendments to the restructuring of its group hotel operations under a wholly-owned subsidiary, L C Hotels Pte Ltd. The meeting also approved the issue at par of 40 per cent erf the enlarged60 words
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221 1996-05-01 9 Bloomberg Business News [SINGAPORE] Hansol Paper Co will buy into a company that's building a US$65O million (Ss9lo million) paper mill in Indonesia, a move that analysts say may herald more investments by North Asian paper makers in South-east Asia. Hansol,Bloomberg Business News - 221 words
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Article157 1996-05-01 9 Bloomberg Business News [MELBOURNE] ICI Australia Ltd yesterday said it is finalising plans to acquire the Horitech Film Mfg Sdn Bhd plastics film extrusion business in Malaysia for an undisclosed sum. Horitech's controlling shareholder is Singapore-based Ho Wah Genting International Ltd. The Malaysian business, which hasBloomberg Business News - 157 words
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273 1996-05-01 9 Bloomberg Business News [TAIPEI] Acer Peripherals, a 44 per cent-owned affiliate of Taiwan computer maker Acer, hopes to raise NTS 2.4 billion (Ssl22 million) through an initial public offering today. Acer Peripherals, one of Taiwan's five largest makers of computer and telecommunicationsBloomberg Business News - 273 words
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Article, Illustration405 1996-05-01 9 Chairman expects firm to be back in black within a year Bloomberg Business News [SAN FRANCISCO] Apple Computer Inc chairman Gilbert Amelio said the company is on its way back to profitability and will make more detailed announcements about its strategic planBloomberg Business News - 405 words
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301 1996-05-01 9 Surinder Singh - From Surinder Singh in Sydney IN a move to get out of retail property ownership, Australian retail giant Coles Myer is putting all its retail properties up for sale. Chief executive of Coles, Peter Bartels was quoted in local media yesterday301 words
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Article314 1996-05-01 9 Ang Wan May - By< Ang Wan May [SINGAPORE] In a move to reduce its exposure to the highly competitive disk-drive industry, Uraco Holdings Ltd has signed a memorandum of understanding to buy a 51 per cent stake in a US-based precision parts maker. Uraco, a precision engineering group,314 words
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FINANCE & COMMODITIES
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Article476 1996-05-01 10 It offers prime customers part of loan quantum in the form of overdraft SCMP [HONGKONG] Standard Chartered Bank has become the latest bank to join the mortgage price war, offering home buyers two packages that inject an overdraft element into the conventional loan. Instead of offeringSCMP - 476 words
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375 1996-05-01 10 nsQßMitefl worm oc B&nqne Intents is lLBb francs AFP [PARIS] Compagnie de Suez announced on Monday that it would sell control of its Banque Indosuez subsidiary to France's biggest bank, Credit Agricole, for an undisclosed price. Its decision to part withAFP - 375 words
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278 1996-05-01 10 Reuter [BOSTON] Provident Cos Inc, a disability and life insurance company, will acquire its rival The Paul Revere Corp from Textron Inc for more than US$l.2 billion (Ssl.7 billion) in cash and stock, the companies said on Monday. Textron owns 83 perReuter - 278 words
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Article, Illustration45 1996-05-01 10 [TOKYO] A signboard showing the US dollar at 104.57 yen during the morning session at a foreign money brokerage in Tokyo yesterday. The US dollar fell below 105 yen and was quoted at 104.57 yen, down from 106.58 yen on Friday afternoon AFPAFP - 45 words
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391 1996-05-01 10 Siow Li Sen - By Siow Li Sen [SINGAPORE] Thai interest rates will rise again if the current outflow of "hot" or shortterm money continues, say bankers here. The money has been pouring out as a result of profit-tak-ing, lower interest rates, government measures to391 words
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357 1996-05-01 10 Earlier ag'eement to suspend legal action extended to May 14 AFP [WASHINGTON] Lloyd's of London and US state securities regulators struck a new interim agreement on Monday giving them more time to negotiate a settlement to fraud charges against the 300-year-old insurance market.AFP - 357 words
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Article230 1996-05-01 10 fSOKELReport Reuter [SINGAPORE] Japanese government bond (JGB) futures yesterday firmed on the strong yen against the US dollar but Euroyen futures consolidated in thin trade. "It was really a consolidation day, with not much news out there," said a dealer. The yen's strength against theReuter - 230 words
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Article167 1996-05-01 10 Reuter AFP THE dollar was steadier on the yen at the European midsession after an earlier downside test failed to take the US currency below 104.00 yen. But as the Bank of Japan continued to refrain from supporting the dollar, it was only a matter of time beforeReuter; AFP - 167 words
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335 1996-05-01 10 ENERGY REPORT Reuter [LONDON] World oil prices slid yesterday in the wake of a move by President BUI Clinton to curb surging US petrol prices in election year there. Benchmark North Sea Brent blend crude oil futures for June delivery openedReuter - 335 words
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Article, Illustration1106 1996-05-01 10 DfTB&BAVK CUIUDTCJT KATBi 4vm.Avrso «v» v r CwwdH W Of* W OHm Cmrmtim Offw Mi 01hr 4 I StrtSS to Oft* Uftii oftorwign currmey.- StMU M m*» «tHarHt* tmrrmtm: it MtfraMaMMr UOM UM 0.7955 MM MMl 27.2M4 ZtJUA I9.4M4 IMM C»M« Kir U329 UM 0.7352 0.7355 Wllgm Wll 12.9174 12.91911,106 words
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Article828 1996-05-01 11 Ml—IIIIIW Apr 30 c— i I*» 1*00 »|S a 5 TO sk*!? ss ||M n,[ 55 gyj S S S 5* 85 UMChI 18M8SM8 I ?l JttSWtiS# PMCWWHHMUI Aprao iaiifM -AHr:'- fBSr'- MJ9 9MJ0 UMM mm/ mw aav 3H40 U S3 W0.70 ChMi (Hf PWMALS m mhi —n828 words
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Article1760 1996-05-01 11 VM Nw «fA. A. Corp/Mr 67 *V2 A* Parti 301 *2 Atxymtmm SMVZ -6 AIM Lyons 9131/2 -41/2 Amoc 120 1 ArpyB 332 *1 Asde Group 1131/2 2 ■ATM 9021/2 *101/2 MCC 340 *1 BOC Group *24 -2 BR Petroleum 9991/2 31/2 ■TO 321 1/2 Benkef Scotiond1,760 words
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Article1535 1996-05-01 11 Reuter Qnua -rare SHARES closed lower in quiet trade, hit by the dollar's rapid decline against the yen. Brokers said the market might continue its consolidation amid uncertainties ova* the dollar in the absence of Bank of Japan intervention. The 225-share Nikkei Average ended 193.73 points down at 22,041.30.Reuter - 1,535 words
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Article, Illustration1538 1996-05-01 12 AFX-Asia Ff HaagScpg ♦MBL7B SHARES prices closed sharply higher on rumours that at least two, if not more, covered warrants will be issued on Swire Pacific, Hopewell Holdings and selected property stocks after the close of trade. The Hang Seng Index ended 128.78 points up at 10,964.53. Turnover wasAFX-Asia - 1,538 words
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Article, Illustration615 1996-05-01 12 Reuter F1 Shanghai B latex -HUB THE Shanghai B market ended up 0.82 point to 51.98 on a turnover of 31.2 million shares worth US$ll.l million. Brokers said the market was supported by investor belief that the People's Bank of China, the central bank, would soon cut bank interestReuter; Source: Credit Lyonnsis Securities (Asia) Ltd - 615 words
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Article347 1996-05-01 12 AFP QWPMg -48.41 SHARE prices finished lower yesterday on profit-taking amid reports that China may launch inland military exercises, brokers said. "There was heavy selling pressure today, due to the release of shares yesterday by the government stabilising fund and reports on new military drills on the mainland," saidAFP - 347 words
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Article, Illustration683 1996-05-01 12 AFX-Asia POwpwitohlg -L 42 SHARE prices closed lower in modest trading with most investors sidelined and sentiment still affected by the death of Indonesia's First Lady. The Composite Index closed down 1.42 points to 623.91. Turnover was 56.6 million shares worth 174.7 billion rupiah. A trader said: "There wasAFX-Asia - 683 words
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Article, Illustration793 1996-05-01 12 AFP HSETMp *M 1 SHARE prices closed higher on a technical rebound in subdued trading, brokers said. "The market shot up in the last minute due to a rally in finance issues after they were hit by a sell-off in the previous session," said a trader. The SET IndexAFP - 793 words
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Article316 1996-05-01 12 AFP Q Nimbi -2U2 SHARE prices fell as investors shifted to second-liners and speculative issues. The PSE Index fell 22.12 points to 2,937.98. Turnover was 6.9 billion shares valued at 2.2 billion pesos. Petron Corp was unchanged at 11.25 pesos while PLDT fell 50 to 1,330. San Miguel AAFP - 316 words
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Article372 1996-05-01 12 AFP .QtapMtebia -4J3 SHARE prices retreated as numerous blue chips suffered a correction following a recent bullish run, brokers said. The Composite Price Index closed 4.13 points lower at 960.90. Turnover was 69 million shares worth 1.2 trillion won. Falls beat rises 466 to 352 with 104 counters unchanged.AFP - 372 words
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Article589 1996-05-01 12 AFP □llOrfciriM -M SHARES closed lower despite a late rally following weakness in top industrials and banking stocks. The All-Ordinaries Index fell 3.2 points to 2,316.8. Turnover was 271.1 million shares worth A 5533.4 million, with 447 falls to 418 rises. Among blue chips, market leader BHP eased twoAFP - 589 words
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Article268 1996-05-01 12 Reuter ♦LOB SHARES rebounded off their intra-day lows to close a touch firmer, primarily on the strength of the Carter Holt Harvey counter. The NZSE-40 Capital Index finished up 1.05 points at 2,153.18. Reuter Apr M 1$ mm ANZ Banking 7.00 -0.02 m* Advantages HMqs 1.69 "0-01 2*000 AtrReuter - 268 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration7229 1996-05-01 13 KUALA LUMP!JRReports Bloomberg Business News Reuter +MJI LATE buying in blue chips boosted the key market index to end at a 19-month high, dealers said. "We saw ftinds buying up some key stocks. But the market, really, has no news to trade on,"Bloomberg Business News; Reuter - 7,229 words
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WARRANTS & OPTIONS
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3462 1996-05-01 14 Ven Sreenivasan - WARRANT WATCH By Ven Sreenivasan JOHAN HOLDINGS and its warrants hogged the limelight yesterday on speculation that it could be a takeover target. In Kuala Lumpur, Johan rose 49 sen to M) 3.10, while its warrants ended 13 sen up at3,462 words
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Article1850 1996-05-01 14 Mr Or MM Last <M kf kaMOaata 01* Mr VM Nat MC« L— Mat Ciapiat hit CPOOI HM> La» Mayor BaBar CNr P/l toM US 4M SMO A1S890C— H tl 4M 4M 4M 4M U 4J U MU 4*4 n M MM AMOBSOc M M M «M M1,850 words
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STOCK EXCHANGE OF SINGAPORE
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Article780 1996-05-01 15 TUHNOVO COOO) VALUKCOOO) sg 122 £s sa as MmtrM24,250 tSS H2H 555>iJU» ***** nuM 3348 MM *Mi tl.044 50,437 HUM #13 MO 973 2.U2 304 INi ss its MM* 44* 449 V442 1.442 M.W *537 14.034 ttSn *401 1U43 17.743 TOTAL 34,639 SUM 9M44 177.129 91,994 249.I2S 5 SCiOAO 2JM780 words
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Article4366 1996-05-01 15 6r Or M Wt 1996 Last Val Day Last Ouata ON otv vw Nat Cap Avq >6» Caw 8tMa Cim>»y 98a COm MMi 1— *nrar 9a6sr Cw >/l tail Prtta St4« ASENTS10 200 US- 214 MS 1258 AcarSOc US190 *6 30 190 166 164 190 XON 7.S 0.94,366 words
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Article811 1996-05-01 15 8r Or MM l*M Lddt W On LMtOmt* Hi Oh W M Cm Aw« u» wn cww> Wi rOOO> W» U» 8fdr 8d8» CV E/E $3 Erttd w»*w: tmm- 289 234 2000 ABRHMfdSc 247 cd *1 2 247 247 247 290 10 IU 0.1 1S4.4 109.9 251 234 HI811 words
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Article, Illustration76 1996-05-01 16 Paul Leo - B>\ Paul Leo SINGAPORE LAND/ell 20 cents to $10.00 with 44*000 shares traded -1.6 times the lOday average qfSMLMO units don*. Further weakness towards the bottom of Hem 59.60-SU.OO range, which it has been trading since Ail end of January, is a buying opportunity. Daily and weekly RSI76 words
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Article, Illustration918 1996-05-01 16 Ven Sreenivasan - STOCKMARKET COMMEMTAKT Although some Singapore blue chips make it to actives list, investor interest remains in Malaysian stocks By Ven Sreenivasan [SINGAPORE] Stocks rose late yesterday but trading remained thin as many investors were away on holiday. "This is one of the few918 words
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ON THE GRAPEVINE
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Article100 1996-05-01 16 SECURITY at the Asian Development Bank's plush headquarters in Manila has been tightened this week at the bank boat* ita annual genera! meeting which bring* together finance ministers and central bankers finom 66 countriee. Before entering the meeting haHa. delegates are fHsked and their100 words
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65 1996-05-01 16 SINGAPORE property was the topic of convereetion among a small group of property Inveelors over the weekend In London. Some of these International In vectors sakl they had been hearing rumours of Impending measures that would have the effect of dampening the property market65 words
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Article132 1996-05-01 16 NEVER one to let a good PR opportunity slip by, Thai Deputy Prime Minister Thaksin Shinawatra told the painters of a giant signboard to draw in his likaoeaa and j that ofhis party secretary-general, Ma Sudarat Keyuraphan. Wearing hard hats, both were portrayed on the132 words
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Article77 1996-05-01 16 THIEVES have preferences too. According to a survey, car thieves in the US have formed a strong attachment to four-wheel drive utility vehicles. The hefty Toyata Land Cruiser and the Mitsubishi Moajero 1 topped the list 0f1996-l«5-modal vehicles most frequently stolen in America, sidestepping traditional77 words
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Page 8 Advertisements
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Advertisement383 1996-05-01 8 BANKING,** 9 INSURANCE According to the Organization For Economic Cooperation and Development (OECD), six 'Asian Dragons' will remain as major engines of world trade and economic growth over the next two years. However, the six Hong Kong. Malaysia, Singapore, South Korea, Taiwan and Thailand will be growing at a somewhat383 words
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Page 9 Advertisements
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Advertisement392 1996-05-01 9 Just $986.74 for a 7-in-l fax, printer, scanner, fax modem, copier, message centre and telephone. khKHUT'PKOMC u BU ai $1017.64 (with GST> Now $986.74 (with gst) With a price reduction of $30.90, the Brother Intellifax-1450MC is now jjflMkhk more affordable than ever. And if you buy it before 31 May392 words
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Page 12 Advertisements
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Advertisement44 1996-05-01 12 Waterman Le Man /»y Individually numbered, with a solid 18k gold nib. 'JtWr > Designed with the elegance that is the signature of Paris. XIJLz [.'expression personnels. Guaranteed for life. Available at all department stores and pen specialists. For more information telephone: 1800 448 6671.44 words
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Page 13 Advertisements
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Advertisement120 1996-05-01 13 p ~Land Transport Authority Infoline— •COE Bidding Results I Car Registration Number Availability. I Available on 10th or 11th of every month. All you Availabte between Satmday and Vfcdneaday each week All you need is need is enter your IC, Passport or Company Registration enler your Car Registration number* number120 words
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Advertisement71 1996-05-01 13 I I -YOUR NEXT WATCH- I PATEK PHILIPPE I I H CHRONOGRAPH H Y I Rare and Unique I I PATEK PHIUPPE TIMEPIECES I A I by dedicated Old Masters. H I I Now available in limited numbers. 9| I I Rare Gems I 8 Symmetry Excellent Mmmmfmcturing Jeweller, Since71 words
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Page 14 Advertisements
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Advertisement178 1996-05-01 14 GET KEY INFO 3 c m -4.4 L *4 profits sot to bloom with Blossomvale oondo Name: ftM UHT CTfiTFC UN nut OtUVJxO sss-ss Qa In-depth profile and future plan* GUTHRIE GTS Method of Payment: Cheque enclosed payable to Singapore Press Holdings Lid for Financial statement* sterling results plus bonus178 words
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Page 15 Advertisements
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Advertisement8 1996-05-01 15 ROLEXI M AT ROY [EASTERN WATCH I ,M8 words
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Advertisement124 1996-05-01 15 lb: SPH AudioTcx Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Pax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period □12 Months 6 Booths Q 3 months atS$6MO atS$4M9 atSS2S.QO Payment124 words
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Page 16 Advertisements
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Advertisement329 1996-05-01 16 BUSINESS \OtiCCS I( \l>\ I KI IM I I I< >1 I -I KI I I S(M>-~4 I I NN.i I The 1 Business Times A bold kw look nl a lo iv news Faster with te news, ml wilh i* meaning of the news. •Shaper fixnsanfaosnessand nwtas. •Dnpana^rftim^idiincopnniaDdamiientary. ■Start329 words
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Advertisement28 1996-05-01 16 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.28 words
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Advertisement100 1996-05-01 16 ISO Certification The Straits Timca Supplement Tuesday, 21 May 1996 Ride On The Wings j Of Quality! I BOOKING DEADLINE 7 May 96* Advertise your products and services, as well as enhance your corporate image in our ISO Supplement Call us now. Strpludr Lhn 740 22*3 (pg 9522 2185) Tang100 words
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SHIPPING TIMES
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Article250 1996-05-01 17 Knight-Ridder Reuter CONDITIONS in ths dry earvo little brokers saki poemona in tne Atlantic waieflimbut ram did not ,|ia| a Al~— a_ii ALA rejpijQCi iwnfTyynnj xo ulB lack of tonnage available due to the influx of veeeels ballasting from the East i The Caper market I TrfflUlflPCl WBUKnight-Ridder; Reuter - 250 words
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Article41 1996-05-01 17 I. mSk m «&0> «85 *8 lij If 1 sis i i WiO *40 23 Zfi M* rrTfg a 2 —w> 5 sir —M T746 EfciZiS J. 2 -tJ OS jfcMUw ,4 m A $04 i 1 Source: BRIDGE41 words
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336 1996-05-01 17 Selva Kumar - Non-vessel operating common carrier to ply Belgian line's former UK-Australia and UK-NZ rentes From Selva Kumar in Sydney ABC Container Line's former agents in Australia and the UK are teaming up to start a new non-vessel operating common carrier service to336 words
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774 1996-05-01 17 Seafarer - STRAIT TALK By\ Seafarer SHIPPING is a peculiar industry, and a peculiarly precarious one. Seafarer spends quite a lot of time considering perils to humans and perils to the environment. But it is also worth remembering that ahipping is, par exceUence, an uncertain industry.774 words
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110 1996-05-01 17 [HONGKONG] Arrival and departure Information for all ocean-going vessels using Hongkong port is now available on the Internet. Hongkong is the first maritime administration to provide this sort of service. It will be updated every half hour. The new service was launched by Tsang110 words
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218 1996-05-01 17 Berths at Fangcbeng will be doubled to II before 2000 [HONGKONG] Fangcheng, the largest port in southern China's Guangxi Zhuang autonomous region, will be greatly expanded in the next few years. Local officials said the number of deepwater berths would be doubled to 16218 words
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Article, Illustration83 1996-05-01 17 [SINGAPORE] KalmarLMV, one qf the world's largest manufacturers of heavy forklifl trucks and reachstackers, has developed a third generation reachstacker design based on its DC range. The new design embodies a modular concept to provide 27 different container and trailer handling situations based on three different83 words
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220 1996-05-01 17 Reuter [SEOUL] Gdansk shipyard is up for sale, but while South Korean companies have been taking a look at the troubled Polish facility none are likely to make an offer, company officials said yesterday. The giant LG Group flatly denied aReuter - 220 words
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237 1996-05-01 17 Part Dug tpo-aton discussing joint operations only: HD MBT [KUALA LUMPUR] Kelang Container Terminal Bhd (KCT) has denied reports that it may merge with Port Klang Port Management Bhd (KPM), saying talks between the two parties have so for been limited to "operationalMBT - 237 words
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Article154 1996-05-01 17 Reuter [COPENHAGEN] A Copenhagen probate court on Monday ordered shipbuilder Burmeister Wain (B&W) wound up after successive attempts to put together a viable rescue plan failed, Danish Radio news said. The ruling had been widely expected since the B&W board two weeks ago said itReuter - 154 words
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PORT Shots
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Article34 1996-05-01 17 (LONDON] Ckw Mob l<i>«i)ttih«v*bMnflMlßttaD% ytatt OOOTt* qfFViry*, tfF "to —X* g— Hit Tin tyiISMpSSKiStB^ 1 HteiDipflMwvMtttofpoitiGlwiiilivMNifliA paddfaytto cndst operators to tht various' i I*. *tSk *W f, *'*W*tor'''tV- £rV-lV* \VI34 words
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Article12 1996-05-01 17 v t *>• .■••'■'r>'" i_ •r* r <*?; nittgiali h«w MWMtoon12 words
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Article28 1996-05-01 17 Bloomberg Business News ■m «ft T> wflMwi pm fftf* <E TlfhytolawialtoiMil thf 1—» yxi" m ffi Mmlllfain P% vfflw *cmh dMdmdaroor yoHL The company did not Ml"jBloomberg Business News - 28 words
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Article19 1996-05-01 17 fLQKpOHlMid«^^ iiifllk)p|t dtetto|fwhhiMjflpwii tflUlftiMi -fiHi* nflfKin ftiim«m (fffn I mfTHmn) Trtifft hui>Ti —i twyOTffilffilitwl iJ»iy tiMTHH—d fry ]^piryi«^Afp<ii|19 words
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Article2 1996-05-01 17 P^^TP*>*W»llU4IJUSfW#>i>fl^UPfW^^00t<>t4KIM2 words
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Article, Illustration956 1996-05-01 18 PILOTAGE XM THE SPOTLIGHT: FOR BETTER OR WORSE? A debate rages over whether the compulsory use of pilots to bring ships to harbour safely is effective. Shipowners point to accidents that occur while a pilot over whom they have no control is in charge FairplayFairplay - 956 words
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405 1996-05-01 18 PACE Everett 18 AH. n Evergreen 6 AFTShpg 17 Everprime 18 Am 3 Fl-Bright 7 API M 7 i Famous 7 Accord 8 Faredie K fthrrnklrl 4 Feedertrans 4 AoKftsho 4 FoongSun 8 Sr"* j Frt Links 16 Austral 9 FrtWwM 8 Avant405 words
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Article14966 1996-05-01 26 EXPORT ETA ETA AMwMw VmmI Vo*m» TiUphowi ETA ETA ABvortlMr Viu« Voyaw TiHiiI Sgl__gj>r»__llg»_ mm» NwMf Mm+»r A To BOMBAY (BOM) 2093 India ft ABU DHABI/ ST JOHNS (AOM) 2004 ovo* nai hm. xourma w United Arab Emirates mas m«*. xourma vhs is-mmim mm nas uumwY umconcert mso-msw14,966 words
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SHIPS IN PORT
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Article477 1996-05-01 35 Vessel Vet* Anfrol OymUn J—Nrt mn Port 05/ U80 0T426 J*> "-SJCSSi 1 Ortid Situ 04/96 M *****? KHiM o JK *miide 01.05/0600 ■MMMtk 01/96 J09 VM JO» *-?S RMMI *V* J01 «222 hiuumi VH JOI 222? Film 6/94 JOI *«0*» ■t ***** JOI itongsid* 30.04/2300 at tab477 words
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Article1223 1996-05-01 35 ■Ecnvms or Exporr fcl cowtaiwers amp ict cai«o Skip VOY NO Etb/Btr Ported FroM T« kiM TOM 02/1700 1A 2A 1 4 )om OVOTOO OVBOO 0VM99 3MS OI/MOO OWN Am \mmtm OM 02/0700 1A EjZZH 30/1099 JQ^nw a m i M WW 10/1900 •VMM Mi MM amo UIFartMM1,223 words
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Article793 1996-05-01 35 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 individual793 words
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Article357 1996-05-01 35 ■ATI Austria: Labour Day. Belgium: Labour Day. China. Shanghai stock exchange and Shanghai metal exchange closed. Colombia: Labour Day. Croatia: Labour Day. Egypt Labour Day. Fhxnce.-Labour Day. Ghana: Labour Day. Hungary: Labour Dnr. Ivory Coast Labour Day. Luxembourg: Labour Day. Malta: Labour Day. Morocco. Labour Day. Peru: Labour357 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration289 1996-05-01 36 Chinese unlikely to give in to US demands on trade, says newly installed GEO Bloomberg Business News [SEATTLE] On his first day as head of the world's largest commercial airplane company, Boeing chief executive Phil Condit offered some advice on how theBloomberg Business News - 289 words
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Article, Illustration242 1996-05-01 36 Reuter [BRUSSELS] British entrepreneur Richard Branson said on Monday he expected his new acquisition Euroßelgian Airlines SA (EBA) to be selffinancing and that for now he had no plans to buy another small airline. Mr Branson is launching a new European low-cost regional airline ventureReuter; AFP - 242 words
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270 1996-05-01 36 NYT [LONDON] Relations between BMW, the German executive car maker, and Rover, its biggest foreign subsidiary, were thrown into confusion on Monday with the surprise announcement .that John Towers, chief executive of the UK group, is to step down. Mr Towers, 48, is to leaveNYT - 270 words
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210 1996-05-01 36 Second network planned in mere te improve flight safety Reuter [BEIJING] China is close to completing an aviation satellite communications network that should improve flight safety and plans to build a second network within Ave years, Xinhua news agency said yesterday. "The telephone earthReuter - 210 words
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290 1996-05-01 36 NYT [WASHINGTON] A federal appeals court in Ohio on Monday overturned a judgement that had awarded about US$l5 million (Ss2l million) to the relatives of five people who were killed in the 1963 downing of a Korean Airlines (KAL) jetliner,NYT - 290 words
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102 1996-05-01 36 Reuter [OSLO] Scandinavian Airlines System (SAS) cancelled 7 per cent of flights on Monday because of a lack of pilots, a spokeswoman for the company said. The shortage grounded 70 out of the airline's 1,000 daily departures on international and domestic routes. "WeReuter - 102 words
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LOG Book
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68 1996-05-01 36 Reuter (ATLANTA} Delta Air Linae and Korean Air said on Monday that the US Department of Transportation ■Pgioiedaonrtaehsre/blocked-apaoeagrßattent cl Beginning on June 1, Delta will buy eeets on Korean's tour wmklyß-747 flints from Washington to Seoul via New Y«*«nd Korean's dally 8»747 flights fromReuter - 68 words
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Article85 1996-05-01 36 Reuter {SHANGHAI] Truck maker FAW Jinbei Automotive Co posted a 1996 net loss of 2SII million yuan (***** million) to vm, against a net profit oT&S millian in 1994, the Shanghai Securitiss News sakl yesterday. In 1996, it produced vehicles, down 29.06 per cent fromReuter - 85 words
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78 1996-05-01 36 AFP IBBOOL] South Korea's Ssangyong Motor Co said on Monday it would Increase its domestic production capacity by thssnd of this year to an annual22o,ooounits, including ***** sedans, from the current 120,000. The oompany plans to inveet26obillion won CUSs4flomfflion)to sst up aissmblyllnes at itsAFP - 78 words
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102 1996-05-01 36 Bloomberg Business News (AKRON, Ohio) Goodyear Tire Rubber Co Mid on Monday tt win seU an inexpensive high-performance tyre, beginning next month. Retail price WMntdiedoaed. The tyre maker said the Wingfoot HP win be available in 14 stass and have an season traction. It winBloomberg Business News - 102 words
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Article88 1996-05-01 36 Reuter [LONDON] Britain's Office of Paseenger Rett Franchising, which is privatiaing the country's train operating companies on a franchise contract basis, said it had invited indicative bkbfbr the llianM Trains regional firm. "The deadline for prospective bidders to lodge indicative bids with OPRAF is &00pmReuter - 88 words
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198 1996-05-01 36 Carrier wait* U upgrade credit rating among other things Reuter [CHICAGO] UAL Corp, which is riding high like much of the US airline industry, is setting a financial flight path to help it navigate the next economic downturn. For UAL, parent of United Airlines,Reuter - 198 words
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Article1262 1996-05-01 36 city man eta man no h*m mm 1310 som nos AfcaDfeM S0442 2025 S0IT5 X0 WHO 1410 AMM* S0229 2220 Hat Yll M093 M05 TC400 0820 A—1 MB 1445 M03 2225 gg MS MOM »40 Mwtwtoi Eim 0935 2300 WW UNIt OOP 6A093 1205 KU34 23351,262 words
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Page 17 Advertisements
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Advertisement12 1996-05-01 17 Pilotage: a system ripe for refonn Debate over compulsory use of pilots.12 words
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Advertisement16 1996-05-01 17 Bitfafto China. LF U ""J doat threaten it Sanctions won't work, says new Boeing chief. BMkP«|i16 words
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Page 18 Advertisements
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Advertisement1163 1996-05-01 18 ■H OTyj'Cff EHE&TMA 170WS I MrihK^j^ki l nfr »ash..tf mmi. xjbltbt I 1 mm wn mm mm u| w |ra m n ok n \maaan w |w| ruMniOMuotl u■iwmqplkajmuKiim* I nw I ■mi sti mm nm nm m/b n/u n/H b/h b*s nm Is/hI m/h MO**** m m/h »m h/m1,163 words
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Advertisement181 1996-05-01 18 Unas A aarvicaa npminlic /|9RntbyMambaraafSiaßagiatiyo( IvIESt// Aceradbad Shipping Aganta, S*pofa National Shipping Ahoi Shipping Times .Just talk to us... Iris Urn 740-2044 Tan Lip Chuan 740-1645 Jarrod Leong 740-2089 Philip Koh 740-2382 OELfI SU 02/06 RdnVAtoaffinvVUKMAN I ACTEMAGSO4 12/06 22/06 AdnVAtw/BmnAJK I «a I I Looting tor 1 JMHUI Dubwah«W)awia)fltow>181 words
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Advertisement7 1996-05-01 18 Mambars of Vw Singapofa FraigM Forwardaa AatocMon.7 words
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Page 19 Advertisements
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Advertisement933 1996-05-01 19 Ol JMgM EXPORT TO: TO: JEDDAH/UK/CONTINENT w 5i rm mas rww» sum STI Also tcarmccAKOFOfc ■OSa 1174 IS/IS lf/OS 21/05 24/85 JJ/05 fiIISGLOW GIANfiIMOUTN M 117* 04/85 25/05 21/05 18/05 21/85 ynTnlmlnr--' OOQWH SIM M/8S 21/05 24/05 N/05 AMD SOUTHSHIfLDS \rm 1104 10/05 14/05 2>/05 31/05 01/04 MIMEN CFS/LCI TO:933 words
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Advertisement1061 1996-05-01 19 HANJIN SHIPPING I USA ymwmrm ■Ii m IMr fW f M 1 m m |w )aT fm m'Tm Hk^Hml T-"* -gg--gg-l-g" I** I"" b* v/m w» w-jrhr-g^riMrww-SS? n/ I"* j;/j*_ ~g^-hi^T^i^-^sri^r b» mm w/ Igg w^r-gjr- 1"" I l«» l*» I s l»» |.v>|^l^|.v>|.v>j I UIA I PANAMA# I DHDO^^^1,061 words
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Advertisement245 1996-05-01 19 ■•l«Mgfc 1 1«r«nfcTiii^,Kwlw > H I* WI^MCX/IWM/WPM/aMJ/tCN ianD wi» mr hit jul itM im um^m^^iim rnzir g? ''g .a a a M M ■■I ■■—MC—IK JUL MM MM lift jys £*£s—Si5 —Si g**££ !is__izs aft_zus aft a«_ *5*5; 55 JUL _IUI Off—OA nm mm —IS ,JS Ji£ SS JML-iui——aa na245 words
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Page 20 Advertisements
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Advertisement692 1996-05-01 20 5a =g|=S^:^=^==|=^:=g==Bg=SS y >tj jg;; —=—no—aa—ag gg z m aa_ iffl* B&r IBH mmkhmm 'BF 'SSS& 55b» I■» JHK_ HTT* —f f§n» mump"] mm sk Kg iVS it/s BBBf =2=^P=#=^==l=^^F^^ ■mi m _2fi__ yt iw iv* iv> »i/> m B^ttSSsiaiSSSSFiS^ law **hilßd» II iriTTf "fTf' t T SrSsT SRiar 3££.692 words
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Advertisement655 1996-05-01 20 1 NORASIA I I VMMLVOYI «N I MjQ MM m HAM N NOT ANT ML UM I SSS™ £m SSSSSSMSS SSSSS I am MH M 1W ili W M M M DM M M dm I mmue mm l—l mm am nm am am mm mm mm mm mm I655 words
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Advertisement344 1996-05-01 20 Mum/iioimuHwumw inauuw nw« LOADING FOR PORT KLANQ/PENANQ Hl®. JwT ".NMH I RH I WITA -g~-gw~ Imttvlmowmr t wit oswwr Ismmmt i mwt mway ■MOMMII i ITww yayasakl/ium > mway wit TAM 4 HWT q—T UWAMW n 11 WAY 14HT KEM VMM 1 II WAV 11MT WWAY 17 MY 1 NMT344 words
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Page 21 Advertisements
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Advertisement969 1996-05-01 21 [PrVsTRAITS SHIPPING PTE LTD I 11 Aiaai Road #11-fl KtpHl TSMSIS KM T«l: *****19 Fax: *****17 BBBWMHffBHBBBBIM piowc UM« Smapok fSfvQr (A SERVICE OF CHMA NAVIGATION CO) VB F* wwrvwwww v? eww-e 1 v»* vw# mmm mm mm* mm* mmamhomm a mumHOK VNIIE MM* I7M* NmIUHMHi W.M.BWIIIW IIIIW WWIOWHmH— CNMMJHM-a969 words
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Advertisement1148 1996-05-01 21 *NO coNsnwe^akjHSetißoACCWfMO TOTMPOttMNQHAZI t ODMA. AIOOS Vl* MAMBUL I" I. '-j M <■■■.» at MO amcnnmmm Hi .«mM» r mmtmct I COSfAJT SWPfIMC HI ITD <-—«*«. ammmmmmmim MmMmmm tammumtm-i t-mnts hktnmm/w ttaSwT^ to IS. (art Cm* fafta£np/Ote tat fi—rfra Thili vßsa/vor/w rarn nk mi ob msa/WT*ei pT msmn m vbsh/vota«1,148 words
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Advertisement321 1996-05-01 21 I OHM—I »I 111 a I I bi I a I m Itb I it I w 1 ail aa I w I Mil ag I aa I 11IWWMK MAM a/M Hj«|«Wß| M/»S VM WIS MS I I 14/g 1 IS/IS I 14/KI HAS I WAS I HASI IVtS JBKBBB.321 words
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Page 22 Advertisements
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Advertisement968 1996-05-01 22 W ROM ANW HM IMP UW LHV THP ROM MM HM PKL MP E. REACH MHN W Hi 2U 2H HA 2M I SAROEN RE-SB) 14/4 IM 17* 11/J E. ROIMO RW-SM 11/S H/S 1/1 U H U E. BLOWNM M-SM MM MM 23/4 MM MM MM 22/5 E. REWARO968 words
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Advertisement907 1996-05-01 22 I_ B WSSH VOTAM scr DM AM MM MM IWT Ml I VtSSa VOTAM Ml AM MM MM MP I SSS&L SS?22 01/05 ]W > IVB IJ*5 14*5 14*5 motor DIHM IVH ivm v/k I UN(OHCOtD MOIOTM Of/OS 11/W ]1« Q« ZW MOMMO 0017-01* 30/05 01/05 Also aocapAngßX to Doha.907 words
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Advertisement399 1996-05-01 22 BWKIWI II HHMMOKKI m PTE LTD TIL: *****33(12 UNE3) FAX: *****18/*****03 TUX: Hi 3SSB3 MWP 0 LbiM| CRNO: **********0E ACCEPTING FCL AND CONVENTIONAL H* CTA I toadbiftor *****m ~~mm a— I P* o ""■■l OWB OM7 -4, r." FULLY CONTAINERBED REGULAR UNMSM VICE ACCEPTING BOTH FCL/LCL ALSO BOSOC EXFOCTTOiitAUKnna AJWKArmoum399 words
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Advertisement516 1996-05-01 23 i BSA a. M MYANMA «HBk FIVE STAR UNE (Immt Unload Um) UA| hf Y«fM «n vor m nw fn rw NM IMW fl» mi niw m/m m/m Ok m BIM-MI7M PM: IB M-BS-17MM1 PM 81-84-MIMM PM IK 41-47-*****11/4 BANK LINE (A Mrvin alladrwr Wdr SUppte|| MOKWOUWP TO UKC SBBfIMWNB516 words
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Advertisement890 1996-05-01 23 A HYUNDAI MBKHANT MARINE GO. LVD. WESTBOUND TO EUROPE BKCfc *****61 I HM I M I MB I MMB/VM VW M MB M Ml I Ml Ml B M/M M/M 17/ M M4MOMMI 3HW M/M 17/ M M/M tl/M l«/M lt/M 11/ M M/M M/M M/M KBUBM Ml* M/M M/M890 words
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Advertisement311 1996-05-01 23 I FAMOUS CONTAINER LINES IIC 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) i 10 A OLOBEUNK FORWARDERS PTE LTD I ■■i nbiHimiMuninßiaiMMnttiUNwnHr VAJMV ff)rirnT?i rtrrrr WEEKLY SAILING TO SCANDIANAYIAN COUNTRIES 1 WITH MOST COMPETITIVE RATES. *1 IQPMMOOI r- 1 1 V at—Mwvn/H m-n/N ■om/n _T_"_* mu311 words
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Advertisement995 1996-05-01 24 I VWWL VOY mn JKT [VESSEL VOY ww ppj i^B Iw-wi WAHABHUM 3243 Wad I InPt" iun I 08/06 BUHQA MAB EMPAT 8316 _H5L_ SM 04 **""|^B Hr— ————r— —v— 1 QUVHJ BHUM 20SB Si 04/06 Tim 07/06 B.MAS POA uw OVO* Tm 07/03 HI MATHUBHUST 17SN Wsd Is Pt995 words
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Advertisement620 1996-05-01 24 I 1 PORT KLANG &M. w I m m |<bw m m M «m W «yi« «V«W MM IMB MSI aB ligL fi*» Sts— |H *< —gga 5%g» mm* U* **m lUSW lam MB MSM WI Em ime MSSfrat BR era tcw »**•fife*ln hh ram mm IMSSW ~iw [MM —on620 words
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Page 25 Advertisements
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Advertisement417 1996-05-01 25 JESSaTONUNT] mm m m SPOT MMU STOT lAS mrnmnmy* nm «/u ummm tvih/m nm mm MWMRWI/N M/M M/M S2RSU^Jff /w f!/S MKMHVia/W 11/ M M/H J'/5 fig ssrssr as ss ss«sBr aa ss UHNMnmi/N n/ts m/h ijy|||||jyKi^ ■mntWl/H M/H M/H m m ■mmiw/w n/u m/h MM M SSfSwrm/y* n/S M/H417 words
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Advertisement971 1996-05-01 25 PACIFIC INTERNATIONAL UNES (PTE) LTD 140 Cecil Street, #03-00 PIL Buikfing, Singapore *****0. I CR NO: **********0E livnsa vox m m sib m 00Q ACCOM IM M/M M/M IS/M M/M M/M M/M 31/ M M/M K OTA MASS NSIMI 10/ M 11/ M M/M M/M 17/ M 11/ M 17/971 words
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Advertisement726 1996-05-01 25 *****—0000Z VCOBELO VOV WH OM*ETTh LEWNWE HAMBURG I TIIAMWUItI MJIIWUAM WlMiy > veledeocmbia hkw qtam mm mm zrm mm 3o*g oiam VELEOEtYWA VHM WW 27W6 OWI 06A06 07A06 0000 KMM > VUIDCVBA VMM 21AM OMM 11AM 12A» 14A06 IMB 17AM f WLLEOECAfnTT" nix |mm J woe ~gg imm 2iam aw726 words
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Advertisement71 1996-05-01 25 <K» PRO LINE j fIDKVICX LOMNN6 FOR SOUTH AMBVCA VOT MM OUR MB M SANTOS OHWCO ■mkoh 100 oiw am imo km nw mamemnmm 100 imo omo omo woo woo unman lown 110 imo sow ism iow 17/00 FROM SOUTH AMBUCA £SIl TO HONGKONG/TAIWAIMCOREA AIAPAN m stone hbo rh mm71 words
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Page 27 Advertisements
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Advertisement82 1996-05-01 27 1 //—VISA FREIGHT SERVICES PTE I.TD I st.iMishcd Siikc I l ».s I IHI TOTM TKWSPOKT\TIOX l'l ()/'I I K > (.111 \K (iKDLir U.I I U U>\Sil| 11 >\ 1 1 I M I'OK I vS I \l'OK I s| K\ K I s OCEANIA PORTS AUCKLAND SVD.M V82 words
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Page 29 Advertisements
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Advertisement364 1996-05-01 29 I vessel TIGER ISLANO 429N 03-04/06 08-12/06 17-1906 I TIGER BRDGE 430N 0947/06 12-1&06 20-21/06 I TIGER BAY 431N >0-12/06 15-I*o6 25-2406 I TKjER CAPE 432S 13-***** FOR OGCHARGE ONLY I TIGER \MMC 432N 14-14/06 19-22/06 27 2406 I TIGER CLANO 433W 17-WO6 22-24*06 31-01/06 TIGER RNER 240CN8 0304/06 10-14/06364 words
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Advertisement602 1996-05-01 29 Sea K Land I DIRECT CALL TO NANA I*» wr tii |mm i—ammm Iwlklsloiliklm Minim imimi f gr &T"W aßfia B" WWWW"W W"ii6" WW «^T iui m/h m/k imn MM M/M 8/K M/H M/H M/H 2S/H N/H M/M M/N 11/N AMMO Ml 11/ts IS/H 1M MM M/K M/M MAI N/N602 words
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Advertisement66 1996-05-01 29 I I ROHLMI ROHLIG DffHINATONALjS) PIE LID ATTRACTIVE RATES TO: ETA Doteta •6/05 13/05 11—Inn g. Bremen 06/05 13/05 Fettxstowe/Londoo Other Porti 03/05 11/15 Johannesburg, Durban, Port Louis 04/05 11/05 Ifcton, 0 i wiiii II i, WEEKLY CHINA 00N90UDA1KMK VIA HONGKONG 05/05 09/05 FKG, Guangzhou, Qlngdao, Global CspaMMes Fenonal Service66 words
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Advertisement997 1996-05-01 29 isSi" SWQAPQRE phone (general) nmm rate enquires 3gi<B4i/a4«aeo cfs (phone) znmio cfs (fax) znara I TQHwan amwrnwa] lM Lph Mb u»_ m SSSSffS« «<- g» 5SiSSXe 1 SSI 13/05 wS 16/05 SKs? sl SS 2£ i*. ss- §5 35 2 05 SS SS ssSsu I S 8 ss z% as997 words
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Advertisement1630 1996-05-01 30 44 AS AGENTS: "K" UMI (MNUNM) PTI LTD (CR Hftl 1 1 Hi MMMI WO M): MMtI7XM) T TBj *****77 THBC MWWO R*****6 BWC *****107*0 W T MALAYSIA: TIMMAMIMipWAVW|niM Iv 1 TH_SA *****00 PK *****75 PEN *****20 JB *****01 PGU2SIB62S€ MDONESIA: P.T. IMUNA UIIT MI—MA.TBLJKTS22OBOB uT om a tnt m1,630 words
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Advertisement7 1996-05-01 30 Singapore Business Giving you the winning edge7 words
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Page 31 Advertisements
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Advertisement778 1996-05-01 31 IMPORT FCL/LCL CONSOLIDATION 4 I GERMANY/SINGAPORE"! XnoovJ^*v' ,MB P Marshalling Forwarding Services (MFS) SP "7 a, via Bremen and Hamburg f pKMn VP «■>» x UNpzJg Our staff at your service: l If jfr Francis DID: *****54 Maria DID: *****75 r fif Nicholas DID: *****77 Salha DID: *****71 Si m778 words
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Advertisement1133 1996-05-01 31 I > j jillLl»tVi3piPyM»{nETJ»MMil BKWtwMI 4y*i ifjPinßHiwci* yy wy .Bft. fflL y w BL I*"" W1 itm m |m[ml 5-52® 15 Si Si. ~i ~JS *5 m.mu u» km* mm ous o/js ous ous m ?25t mm J2 5 «m MM M«« M MJS "2 ?i mm- mS «i «i1,133 words
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Advertisement511 1996-05-01 31 i APM "THRl'cE 0 WEEKLY* DIRECT TO HO CHI MINH CITY EX POUT Tt Ht CM! 0/0* CITY IMP9KT F*9M Kt CHI MIKH CITY mm wwr |it m- ttWII kmc ma. m mkmc msnm VMM MM mm (M/M) M/H Pi M/K VOSSM MM M/M M/M MS mm mm *i/ra mm511 words
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Page 32 Advertisements
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Advertisement839 1996-05-01 32 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE SPORE 0106 TEL: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 lOOKINQS CALL DIRECT LIME; *****41/*****43 JESSICA/CELIA j2E3n^BS3H 7SLGS/WEEK BS9 3slqs/week VESSEL fvOY [SN JjAK |l<Tl— IVW Ijjj IMJH SEA FORTUNE FTNOO9 FTNOO9 STPf 04/06(SAT) ORIENT MOEPENOB4CE 980 06A»(SU»4839 words
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Advertisement174 1996-05-01 32 UuvMMm rBGmG «w» r J TUBER A PLYWOOD SERVICE TO U.K./CONTINENT KKU SPORE PKL LOAOM6RM WORLD AKTUS SU) OK K/K fUVROTANT/UK WORLD AJAX IMB 3MB FUIMWRNT/UK fR TiUMHunli CRM. IMNNHM CONTIPAC SHIPPING PTE LTD i* miinf*«pmm PM-aMCQNIMMMiMfIMI FCI/LQ CONSOUDATOM SERVICE TO ASIA/F.E., EUROPE, USA, AUST, NZ, INDIA, S. AFRICA, MED.,174 words
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Page 33 Advertisements
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Advertisement412 1996-05-01 33 Singapore Soviet Shipping Co. Pto. Ltd. CR HO: **********0N BOMBAY/COCHIN [WW. VOY M BOM COC TRAM FAST TFBIS7 M/ 04 07/06 XOOR MA 00S 01/ OS 10/06 KOTACAHAYA CAMIO6 04/06 12/00 XOUR GEMINI 416 06/06 14/04 REfiULAR ITICHEV3K SERVICE {VESSEL VOY IVPOMI LYCMMK EVER QREET 0106-064W 01/06 M/M MM MCVIM6IMTRCIO412 words
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Advertisement268 1996-05-01 33 SIM FAR EAST 07/05 KEELUNG/KAOHSIUNG 05/05 BANGKOK 05/05 manila/cebu 05/05 JAKARTA/BELAWAN/SURABAYA 05/05 PORT KELANG/PENANG/E. MALAYSIA 05/05 BUSAN 05/05 TOKYO/YOKO/KOBE/NGO/OSA 05/05 HONG KONG SIM CHINA (*E«»ln) 05/05 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU OALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIM EUROPE/UK 05/05 LDN/FLX/LVP/SOU 06/05 ROM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIM USA/CANADA 06/05 LOS ANGELES/NEW YORK all268 words
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Advertisement524 1996-05-01 33 STAR SHIPPING AGEIKIISIS) PTE UD m^SmSmsEKm GOU) STAK UNI ITP SUM SMffMG COtfOKATKM THffHONE 220-4444 (11MB) FAX: *****70 MbS2NII2OMtSnM) (CI Ml 10S104SN0K) N. AMBNCA/CARMKAN SBVKI nwmßm MM IMT m IBMMM MB BM Mr M M MIMKTO M M/M LBMBIS »/W 07/ M 11/ M 11/ M IS/M Ml SBBMM IBM524 words
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Advertisement748 1996-05-01 33 BN*"w"V'irfNu*-inwi»'P»ww KB NOi 13MP*****00) /2fcv i NOHJMUMC Ml |03| *****23, BOOIONM HOTUNO TOi US. CANADA, UK/BUBOPE, AUSTRAUA. !%&>\ A*• I IU-OT 2******, KM, PAKISTAN, HONGKONG, MMMN, JAfftN YMy >*■'■■■ WU" IW7 MU Kwwwiwm J "-jr mj WWW— Hi 1 W 17—I— (1011 W| JJJirw- |0F) *****42/V< crsmi *7ew*7«woei/u»om TBIMMAI/CmAnONS/IVANSHVM&fTOFnCESIB. *****22748 words
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Page 34 Advertisements
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Advertisement641 1996-05-01 34 IB W R i UNO IXnill SHIPPING (PTI) LTD. V WW I 11 OOLLVm QUAY #06-01 THE ARCADE SINGAPORE 0104. TIL: *****00 (4 LINES) FAX: *****06 TLX; R*****1 SMOKX SIWOIHAIiS SMAHOHAI (CONTAINBB SERVICE) SIH/HKQ/SHAI STORE MKQ MM fL VOY ETA I ITP ETA I ETD ETA ITP CHANQ YPJQ HfflM"641 words
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Advertisement285 1996-05-01 34 MnjuSfSi'iSMTT saShsr 20TH ANNIVERSARY OFFER:-(LowMt-Lowttl Rates) PEM/PK SIM HONGKONG 4/5 5/5 mv "WAN HAI 225" V.NOI-8 TOKYO/YOKO 4/5 5/5 mv "ALLIGATOR FORTUNE" V.***** LONG BEACH ALL USA PORTS 6/5 7/5 mv "HY. DUKE" V.034E CALL VPOMi EILEEN, PHYLISS, XIUHUA PKL: CHEW/VIVIEN PEN: YEN NEE/KHOO JIN XING DISTRIBUTION SERVICES PTE LTD285 words
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Advertisement198 1996-05-01 34 ATTRACTIVE FCL/LCL RATES TO,. Indian Sub-C<mtincnt Ports MADRAS/BOMBAY/ CALCUTTA I COLOMBO CHITTAGONG NHAVASHEVA fi i ii« «NQUHUBS*BOOBNO(i PLSCALL O.K. LINE FULL CONTAINER SERVICE S'PORE/JAKARTA immmw mmm mm mm S'PORS/SURABAYA/SCMAIIAIKI «ML wor M ar M TW-1 M VBMSLS MRTN AT W-1 AND UTFK-S M JAKARTA GEIIARTRANS I W iwf 8W I198 words
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Page 35 Miscellaneous
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Miscellaneous121 1996-05-01 35 LEGEND: II B Temperoture c w «ot*m Wind dfrection with speed in knot* II VS£**y Surfoc# Of# MdKOttd bjf wkick Wlltl tfcc WMd 11 0 On* fut card* represents calm or tght and variable wind* 1 On* half fl*ch* represents 5 knots L» On* ful Heche represents 10 knots k121 words
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Page 36 Advertisements
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Advertisement96 1996-05-01 36 NOTICE TO SHIPPERS FROM SINGAPORE AND MALAYSIA TO AUSTRALIA RATE RESTORATION Shippers are hereby informed that all the following shipping lines involved in the trade from Singapore and Malaysia to Australia wll implement a Rate Restoration of US$7O per 20* Container and US$l4O per 40* Container with effect from 196 words
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