The Business Times, 28 May 1996

Microfilm: NL20600
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, MAY 28,1996
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  • Article
    MARKET SUMMARY
    60 1 nn iinrat3(-0.63) n>TOMP Mimas (-14.&0) wmwr-wok UIM3J3 (+5.91) BE"* ifMM MIHET HMCBB Mondav Ckuge KLSE OOMP 1140.70 -19,99 NIKKEI *****.76 96.67 HAW SENG *****.69 +62.53 SET INDEX 1311.20 +11.66 JAKARTA COUP 620.67 +161 MANILA OOMP *****0 +U.91 TAIPEI WPI 5896.45 -10.96 SEOUL OOMP ***** +8.f7 CUM CHINA B
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  • Article
    FINANCE
    58 1 BXOHANSBIATBS vst ss UN 1.411 1: Ult JL1S5 DM 0.648. 6.915 ¥166 .6.928. 1J10 Ml 6.401 .***** Hit 6.129. J. 182 B4HT 6.039 .0.056 BUP1AH166 0.04S...........0.061 PUB BITES SINGAPORE* 6.44 KOALA LUMPUR. Ala JAKARTA 18.00 RANDKOK 1175 TOKYO un 8ISUL 12.00 ZURICH" 4175 FRMKFURT"* 4.5 LONDON 6.25 Awngeef tttufcs.
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  • Article
    IPOs tipped to roll out at faster pace soon
    568 1  -  New capital to be raised estimated to top $700 m By, Annette Pau [SINGAPORE] The lull in the Initial Public Offering (IPO) market in the first five months of the year is expected to give way to a more vibrant second
    568 words
  • Article, Illustration
    Hour Glass to buy 51% of Gerald Genta
    464 1  -  By, Jenny Lam [SINGAPORE] Home-grown watch group The Hour Glass is acquiring a 51 per cent stake in the prestigious Swiss watch company Gerald Genta SA. It will pay $8.72 million, which will also give it a similar stake in Monaco-based Monte
    CHRIS LOH  -  464 words
  • Article
    KL 2nd board takes a tumble
    245 1 Bloomberg Business News [KUALA LUMPUR] The index of small Malaysian company stocks took its biggest tumble in four months after the central bank moved to reduce the amount of money banks have available to lend. The central bank's action, which raised the amount of
    Bloomberg Business News  -  245 words
  • Article
    Temasek keen to buy 10% of China expressway firm
    452 1  -  From Quak Hiang Whai in Hongkong TEMASEK Holdings, the investment arm of the Singapore government, is keen on buying a 10 per cent equity stake in a soon-to-be-listed Chinese infrastructure firm. Banking sources say Guangdong Expressway Co Ltd, a Guangzhou-based company,
    452 words
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      Page 1 Advertisements Column 1
      122 1 pbbpb teaktertqrtts Beleaguered Thai finance minister tells why, P|B MBWgrmiß VCfetM Onfefc thispg. Pricing has to be competitive m there is ftttle speculative interest in the market ♦lin BniHiiiißl **»tafenUO«ta, this Company trades at p/e of about 11, which looks low considering its expanding overseas ventures. 4%, pg 17. Consolidation
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      Page 1 Advertisements Column 2
      9 1 Impact of Bank Negara move is psychological, Pg 17
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      Page 1 Advertisements Column 3
      124 1 like father. like son. A k 4-> v*i- g- J wS^9B9^ i Following in th* footstep* of DHL's Jumbo Box comn the new Jumbo Junior. k For shipments up to 10kg, the new Jumbo Junior offer* same day pick up, enatoma clearance and door to door delivery for Just $98
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Properly purchases: new rules for civil servants, stat board staff
      392 2  -  They must declare all purchases within a week of signing option or S&P agreement Reports by I Shiv Taneja CIVIL servants and statutory board employees have to declare private property purchases within a week of either signing an option or
      392 words
    • Article
      Redas appeal on stamp duty rejected
      177 2 AN appeal from the Real Estate Developers' Association of Singapore to the government earlier this month to reconsider the imposition of immediate payment of stamp duty on property sales has been turned down. In a letter to Redas, the Ministry of Finance said the
      177 words
    • Article, Illustration
      Loans growth slips to below 18%
      351 2  -  EYE ON THE ECONOMY Finance By\ Shiv Taneja OVERALL loans growth by Singapore banks fell to less than 18 per cent at end-March for the first time since January last year according to the latest figures from the Monetary Authority of Singapore. At end-March,
      Source: MAS  -  351 words
    • Article, Illustration
      SIA urges Asian airlines to liberalise aviation
      385 2  -  This would help them meet challenge from Western airlines Conrad Raj SINGAPORE Airlines yesteronce again called on Asian governments to liberalise tkeir aviation policies to meet tie challenge from Western airlines. The airline's corporate affairs director Mathew Samuel observed that the attitude of
      385 words
    • Article, Illustration
      Only 39% selling yellow-top licences to Comfort
      285 2 LESS than half of the 2,159 yel-low-top taxi owners here have taken up transport group Comfort's offer to buy their licences. Comfort, through newly formed unit Yellow-Top Cab (YTC), on Feb 14 made an offer of $10,000 to buy each of the licences.
      285 words
    • Article
      New Manila rules upset maid agencies
      363 2 Bosses will have to post bond, give maids weekends off AFP NEW rules by the Philippines to protect Filipino maids employed here from abuses drew protests yesterday from an association of Singapore maid agencies. The row appeared to signal a delay in the lifting
      AFP  -  363 words
    • Article
      Bintan park lands first electronics tenant
      194 2 BINTAN Industrial Estate has attracted its first tenant from the electronics industry Sumitomo Metal Mining Asia Pacific (SMM-AP). BIE, a joint venture project led by listed Singapore Technologies Industrial Corp, has been trying to woo tenants from the electronics, electrical and supporting industries since
      194 words
    • Article
      Unicentral wins suit over ship hire
      289 2  -  Court orders EL firm to pay unspecified sum to owner By 1 Toh Han Shih UNICENTRAL has won a lawsuit against Malaysian firm Punca Rahmat over unpaid charter hire and other fees for a casino ship in Cambodia. The Singapore firm, which owns the
      289 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      139 2 202 KALLANG BAHRU B** 8-storey light industrial building Sfcfefc* Excellent industrial location g Close proximity to City Centre, amenities and proposed r ,T^t Land area: 10,084 sq m (108,503 sq ft) U •GFA: 20,299 sqm (218,498 sq ft) Tenure: 60 years leasehold from JTCw.e.f 16.01.1981 <"\\ i Ample car parking
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      Page 2 Advertisements Column 2
      80 2 RESIDENTIAL LAND AT DUNMAN ROAD I I o Site Area: Approx. 27,224 sq. ft I I V. o Tenure: Freehold I 1 V Wot Ratio: 2.8 I 1 frft <=> Building Height: Up to 20 Storeys Proximity to schools, entertainment, I f[_shopping and food belt in Katong I I o
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      51 3 ■f |X Liii jf r I I I HO BM) ST 1 I With state-of-the-art intelligent features that operate round the clock, the new SIA Building provides the facilities for comfortable HHH|H A operations day and night. For reservations, call 293-3228. B9 Edmund He Company SIA PROPERTIES (Stf? Unmistakably First
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  • FOCUS: PROPERTY
    • Article, Illustration
      Hong Leong's home venture
      651 4  -  TOnraoraaiT coLumr Purchase of New Tech Park may mean the firm wants to stick to the familiar Lee Han Shih THE Hong Leong group is more well-known for developing and selling properties than buying finished buildings from other developers. What then prompted it to buy the
      651 words
    • Article, Illustration
      Vietnam building more hotels despite glut
      618 4  -  Hotel occupancy in Ho Chi Minh City Wis to 60% bit state developer tmdjumted By\ Harish Mehta THE current glut of hotels in Ho Chi Minh City has seen occupancy rates slump to SO per cent, causing some foreign developers to play musical chairs
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      485 4 Large Freehold Residential Site at Guillemard Road IBSiyTHTnnWWTI w Site Area: 16,897.3 sm (181,883 sf approx.) T i I 1 Plot Ratio: 2.8 (gross) o MRT If tlpng jJ 553fV~~ w Increasingly sought after w\ residential area C 7/ S Y&w- w Walking distance to Paya ss rth J~/ Lebar
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      Page 4 Advertisements Column 2
      224 4 Prime Pre-War Shophouses FOR SALE BY PUBLIC TENDER Tender Closing: 3pm Wednesday 26 June 1996 eaCEflta Address Land Anm fSn m) A 121 to 127 (odd noe.) East Coast Boad 442.0 B 163 to 179 (odd noej East Coast Road 1,150.8 C 2 3 Tan Quee Lan Street 208.1 0
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      Page 4 Advertisements Column 3
      200 4 s-—rr\ BT TIMH J? RESERVE Legal description: MKI6 Lot 32-6 Leasehold 999-year w.eJ 7/6/1884 •Ideal for development of dwelling houses up to 3-storeys on the site WP granted for 3 detached bungalows and 14 semi-detached houses Land Area: 5,4405 sq m (or approx. 58,561 sq ft) Offers peaceful living dose
      200 words
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  • SOUTH-EAST ASIA
    • Article
      Surakiart quits finance portfolio in Banharn cabinet
      316 5  -  BANGKOK Move aimed at giving PM free hand to reshuffle cabinet at critical point By\ Loh Hui Yin BELEAGUERED Finance Minister Surakiart Sathirathai has quit the Banharn cabinet, making him the 11th minister to do so over the last few days. "I did
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    • NOTE Book
      • Article
        Jakarta casts wider Tansil Net
        79 5 Reuter [JAKARTA] Indonesia has extended its hunt for jail-breaking businessman Eddy lfensil to the Internet, Justice Minister spokesman Saixtfono said yesterday. The official Antara news agency quoted him as saying anyone who knew the whereabouts of Tamil could inform the government through the Antara homepage.
        Reuter  -  79 words
      • Article
        No plans to raise Indon fuel prices
        77 5 AFP The Indonesian government said yesterday it \£§d no immediate plans to follow World Bank advice by raising domestic fliel prices. The bank, in its lateet annual report on Indonesia, said the country timid cut Us high ceoamnption tocurb its fast growing current
        AFP  -  77 words
      • Article
        Thailand probes Evans death threat
        41 5 AFP [BANGKOKI Thailand has launched an investigation into BTODS HiiiW to uH* .Thai military. Deputy government spokesman Phongthep IThepkanchana said Prime Minister Banharn Silpa-archa ordered the defence and foreign ministries to investigate the alleged death threat.—AKP
        AFP  -  41 words
    • Article
      Some mixed signals from official media
      96 5 ■YANGON Reuter MYANMAR's official media yesterday gave democracy leader Aung San Suu Kyi mixed signals, with one newspaper saying her supporters were committing treason, while another backed democratic principles. The commentaries were the first government reaction after the National League for Democracy (NLD) party,
      Reuter  -  96 words
    • Article, Illustration
      Approaching deadline
      58 5 [KUALA LUMPUR] A Malaysian Light Rail Train driver cruising to a stop at a station in Kuala Lumpur during trial runs before the launch set for July 1. Phase one ofthe LRT service wiU cover 13points within the city and could move 16,000passengersper hour per intersection with train
      REUTER  -  58 words
    • Article
      Viet inflation falls to 6% in May
      271 5 HANOI Unexpected drop pots rate at lowest level in three years AFP VIETNAM'S year-on-year inflation rate in May fell to 6 per cent, its lowest level in three years, as the government maintained a tight grip on monetary policy. The consumer price index
      AFP  -  271 words
    • Article, Illustration
      Razaleigh's return will take more time
      403 5  -  LETTER FROM KUALA LUMPUR By Mohan Kuppusamy Tengku Razaleigh Hamzah's return to Umno may take a bit longer than it first seemed. The sticking point seems to be that the former Finance Minister will rejoin only if the entire membership of Parti Melayu Semangat
      403 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      70 5 I Terth i AIR INDIA'S AUSSIE CONNECTION 2 weekly fly fits (non-stop, morning departures) i, AW WITH YOU IN SINGAPORE SINCE 1954 MANAGING DIRECTORS: MONTH END ACCOUNTS LATE AGAIN? You can make a decision today to ban delays in rTFTn accounts in your company. Ask your Accountant to throw out
      70 words
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      Page 5 Advertisements Column 2
      66 5 RCCpCfTt Motors Motors lS» he Lid. 475 Tanglm Hill Road Singapore 1 4KM0I Showroom 401 Commonwealth Drive. *01-01 Haw Par Technocentre. Singapore *****8. Tel: 471 VHWlIb' Authorised Dealers: —W. Tionfi Choon (Pie) Lid Unit I. Used Car Trading Centre. Mac Ken/ie Road Tel 33S MOO Yong Ttye Moior Trading Co.
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  • CHINA-HONGKONG-TAIWAN
    • Article
      China ups Three Gorges cost again, to 240b yuan
      509 6 BEIJING Shortfall of 35b yuan by project completion to be filled mostly by raising fnnds at home AFP Bloomberg Business News CHINA has further upped the estimated cost of its massive Three Gorges Dam project to 240 billion yuan (5540.45 billion),
      AFP; Bloomberg Business News  -  509 words
    • Article
      Wu accuses US of blocking China's entry into WTO
      286 6 BEIJING AFP Bloomberg Business News CHINESE Foreign Trade Minister Wu Yi yesterday accused the US of blocking China's entry into the World Trade Organisation (WTO) and reaffirmed that Beijing would only accept admission to the world trade body as a developing
      AFP; Bloomberg Business News  -  286 words
    • Article, Illustration
      Business groups rap Major over Patten row
      305 6 HONGKONG AFP HONGKONG business groups yesterday criticised British Prime Minister John Major in a heightening row with the Hongkong-British administration over loyalty, 400 days before China resumes power here. The latest salvo from seven influential business groups, including the Hongkong General Chamber of
      AFP  -  305 words
    • Article
      Beijing lifts gold price controls in test in Shenzhen
      458 6 HONGKONG Ofceemrs eee Mjfcer gtM sale* with fnrtkar liberalisation Reuter CHINA'S gold market, one of the world's biggest but most tightly controlled, has taken a step towards liberalisation that could boost gold consumption in an economy primed by growing disposable income,
      Reuter  -  458 words
    • Article
      NT$ allowed to fall to lowest level this decade
      447 6 TAIPEI Drop result of govt abandoning defence of currency in hope of spurring exports Reuter THE Taiwan dollar dipped to its lowest level this decade yesterday as the central bank abandoned its long-time defence of the unit in the hope that
      Reuter  -  447 words
    • Article
      Taiwan eases ban on-Chinese experts in bid to mend ties
      339 6 Taiwan eases ban onChinese experts in bid to mend ties TAIPEI Reuter TAIWAN'S top agency for China policy eased a ban on visits by experts from rival China in a bid to mend soured relations, an official said yesterday. "Despite gloomy relations across the Taiwan Strait, our opening policy towards
      Reuter  -  339 words
    • Article
      China blasts US over missile sales to Taiwan
      211 6 BEIJING AFP CHINA yesterday blasted the US' decision to supply Stinger missiles to Taiwan, urging Washington to cease sales of arms to the island, which it claims as part of its territory. In approving the sale of the surface-to-air missiles to Taiwan,
      AFP  -  211 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      302 6 m k i f iifli 1 iifcmi j®-* 01^ 5-Day/4-Night GOLF on 4 superbly crafted coursesPattaya/Rayong Subhaphruek,Eastern9ar,LaemChabang <frSOOT/ and KhaoKhecw-masterpieces of Robert features Trent JofiesJr, JackNicklaus and DYE. Return economy air-ticket to Oliß SUFIR Bangkok on Air New Zealand ENJOY 2, tvvo+iour Traditional Thai VALUE FaMI- '2&ETSZT Massages, an unfmtedDurian&ting
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  • CHINA-HONGKONG
    • Article
      China firms grapple with disclosure
      403 7 HONGKONG But those seeking foreign capital quick to learn concept, with company secretaries leading the way Reuter COMPANIES in China are still grappling with the concept of corporate disclosure but those seeking access to foreign capital are quickly learning the ropes, an industry expert said
      Reuter  -  403 words
    • Article, Illustration
      Four provinces to form economic zone
      136 7 Shanghai Report says zone has been set np with base in Fnzhon city FOUR provinces in eastern China have joined forces to set up a new economic zone to create a powerhouse for development in the area, Xinhua news agency reported yesterday. The report
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  • Page 7 Advertisements
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      422 7 An IBM PC for companies with more ambition than bucks. The IBM PC 300 is the ideal desktop computer for companies that aren't rich and famous. Yet jA Its powerful. Easy to upgrade or network. (Just the thing if you're going online or opening more branches.) And it also has
      422 words
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  • Page 8 Advertisements
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      344 8 H ADD MORE DRIVE TO YOUR LIFE Actually, if you're even thinking of enthuse about. Firmly braced on a double-wishbone suspension with a buying an Odyssey, you already have long wheelbase, and powered by a sweet 2.2-litre engine churning out considerable drive. That's because 145 ps the Odyssey manoeuvres 1111
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  • ASIA
    • ASIA Notes
      • Article
        Malaysia third bigger investor in India
        57 9 Bernama Bi&W DELHI] Malaysia has emerged as the third largest bvestor in India last year with an Investment 0f238,609 billion rupees (5110.02 billion). Malaysia ranks after the R which has investments 0f705,437 million rupees and mmA with 413,722 million rupees, according to figures Wm
        Bernama  -  57 words
      • Article
        Asia-Pac faces fast-rising CO2 emissions
        76 9 AFP TOKYO] Carbon dioxide emissions in the Asia-Pacific «km in2o26will be tw<vand-a-half times their 1900 level if eonomie growth continues at the current pace, a regional nvtronmental conference in Minakami city was told esterday. JiJi Press said a draft report submitted to the «w>day conference
        AFP  -  76 words
      • Article
        Hashimoto to skip trip to war shrine
        66 9 AFP PPKVOJ Japan's Prime Minister Ryutaro Hashimoto tens to skip an annual pllgrimags to the controversial fasukini shrine dedicated to the country's war dead lirinding World Warn war criminals. "As long as I'm fere, I will not be able to go," Mr Hashimoto
        AFP  -  66 words
      • Article
        North Korean's Q1 GDP up 7.9%
        40 9 AFP BIOULI South Korea's gross domestic product grew 7.9 jber cent year-on-year in the first three months of 1996, Briven by a construction boom and hefty private bonsumption, the Bank of Korea said yesterday.—AFP
        AFP  -  40 words
    • Article
      [1979 coup action was self-defence: ex-general
      184 9 SEOUL AFP A FORMER army general loyal to jailed ex-president Chun £)oo Hwan yesterday justified the coup in 1979 as a "self-de-fensive" action to save lives. t"We had mobilised troops self-defence against a preptive strike," Hwang Yung £a former Lt-Gen, said durthe trial of
      AFP  -  184 words
    • Article, Illustration
      Minority BJP govt faces vote of confidence today
      434 9 U NEW DELHI Hindn nationalist party expected to resign after less tkan two weeks in power Reuter AFP INDIA'S parliament is expected to decide on the future of its minority Hindu nationalist government to a vote of confidence today, Parliament Speaker P
      Reuter; AFP; REUTER  -  434 words
    • Article
      Police raid offices of major jusen borrower
      336 9 ■TOKYO Prarident of realtor Togensha Corp hold after dawn raid AFP JAPANESE police yesterday raided more than 20 offices of Tokyo-based realtor Togensha Corp, a major borrower from failed housing loan companies, or jusen, and arrested its president, Kichinosuke Sasaki. Some 50 investigators
      AFP  -  336 words
    • Article
      Howard to visit Japan, Indonesia in first trip overseas
      249 9 SYDNEY AUSTRALIAN Prime Minister John Howard said yesterday that he will visit Japan and Indonesia in August on his first overseas trip since winning office at the March 2 election, AFP reported. He will meet Japanese Prime Minister Ryutaro Hashimoto during
      249 words
  • Page 9 Advertisements
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      73 9 mm**** r- V V c ;rNetscape; IHcherd EHI« Home Page MBB— We'd Like to Introduce a New I a new locale known as M W W I MM I I cyberspace. You I I I now so you can know You can now access to property updates the the your
      73 words
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  • THE WORLD
    • Article
      UK govt under fire over baby milk alarm
      353 10 LONDON Consumers demand to know which 9 brands contain chemicals that coold impair fertility Reuter DOCTORS and consumer groups yesterday accused the British government of a cov-er-up over evidence that leading brands of baby milk contain chemicals which could impair fertility. They
      Reuter  -  353 words
    • Article
      Tokyo tops list of world's most expensive cities
      217 10 TOKYO Reuter TOKYO has retained its reputation as one of the most expensive cities in the world during 1995, as price differences between Tokyo and New York shot up to their highest level in 10 years. A government survey showed yesterday that
      Reuter  -  217 words
    • Article
      US assures Iran's neighbours
      397 11 KUWAIT CITY Oil markets alarmed over military exercises by Teheran AFP Reuter THE United States yesterday assured Iran's neighbours that it is watching the situation closely after Iran held major military exercises last Friday, sparking alarm in oil markets worried about regional security. General John Shalikashvili,
      AFP; Reuter  -  397 words
    • Article
      Baltic capital markets growing
      198 11 TALLINN, Estonia NYT A NEW drive to sell stateowned companies in the Baltic states could boost the region's tiny capital markets, but not by enough to quench industry's thirst for capital. Estonia has the region's biggest capital markets, with stock and bond market capitalisation estimated at
      NYT  -  198 words
    • Article, Illustration
      King Fahd suffering from dementia?
      246 11 WASHINGTON Reuter KING Fahd of Saudi Arabia, who suffered a stroke in November, is suffering from dementia and may leave the country permanently, delegating power to his half-brother. Time magazine, In an advance of an article to appear in its June 3 issue, says: "Although
      Reuter  -  246 words
    • Article
      Calming 'mad cow' nerves
      144 11 LONDON Reuter A BRITISH minister yesterday sought to play down attacks by some pro-European Conservatives on Prime Minister John Major's get-tough campaign against the European Union over the "mad cow" disease crisis. Mr Major's government has embarked on a non-coop-eration policy with its EU partners because
      Reuter  -  144 words
    • Article
      No financial crisis: bankers
      250 11 ANKARA Reuter TURKEY'S political chaos has undermined prospects for a recovery in the troubled economy, but bankers yesterday said it was unlikely to spark a Financial crisis or a run on the lira in the near term. "The economy may face hard times if the political
      Reuter  -  250 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1924 10 P-———■——— <z> Wayfoong Mortgage And Finance (Singapore) Limited I BALANCE SHEET as at 31st December 1995 NOTES ON THE ACCOUNTS investments (contd) 1999 1994 for the year ended 31st December 1995 8 Note 1995 1994 Singapore Government Treasury These notes form an integral part of and should be read in
      1,924 words
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      Page 10 Advertisements Column 2
      92 10 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      92 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      528 11 PERIINISSILVER.>. specialises in exclusive retailing of 925 sterling silver, designed and made in Italy, since 1989. Currently with six I i retail outlets in Singapore, Perlini's Silver offers a wide range J of jewellery and accessories to both the ladies and the men. ■BiiBWBWBBiIIiiiMIIBIWiWWW Hfl luK i i Applications should
      528 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Bad, to attack SM Lee, ignore burning issues
      744 12  -  THBBOTrOM dPINION By Ong Wee Hock The writer was with the Eponomic Development Boardforrnorr than IS years and lap worked as general managerfor CSA Holdings SINGAPOREANS have a propensity to focus on wrong issues. Hiis does not speak well of ourpotitical maturity
      744 words
    • Article
      IN OTHER WORDS
      86 12 The Euro will destroy intra-European foreign exchange markets and rip away the last remaining walls from national foreign exchange markets.' t president of the German Forex Ctub. 'Our opportunities are writ large in front of us, but so are the warnings.' -HIM New Zealand Finance Ministir presenting
      86 words
    • Article
      Beefing up for battle?
      638 12 EDITORIAL BRTITSH Prime Minister John Major's desperation over the European Union's ban on British beef and beef products is understandable. But histrionics is not likely to solve his problems with the EU, with anti-EU Eurosceptics in his Toiy party, or with the voters who might be
      638 words
    • Article, Illustration
      Jakarta's car wars
      1149 12  -  InitMriA and Japan are leckiag hern •far anew car pi'iHCt between PreaUaat Sabarte's Karean By\ S N Vasuki The writer is BT's Jakarta correspondent TAIZO WATANABE, Japan's ambassador to Indonesia, is probably the most monitored diplomat in Jakarta these days. At every public (Unction he attends, the
      1,149 words
    • Article
      WHAT THE OTHERS SAY
      401 12 THE threat of stiff US economic sanctions against China for continued pirating of American products will cast a long shadow on the coming debate in Congress ova- whether to extend China's most-fa-voured-nation trading status for another year. Although there are indications that the Senate will support
      401 words
  • Page 12 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Women in the limelight
      805 13  -  This year's Arts Festival has one-third of its items devoted to women, bout habbisow looks at some of them HOLLY HARRISON THUMBING through a tattered copy of this year's Singapore Festival of Arts guide, I was pleased to notice there are a significant number of pieces
      805 words
    • Article, Illustration
      Football scores on the Footsie
      886 14 SOCCER GrvwingTVand merchandise revenues help dobs win new fens in stock markets Bloomberg Business News [LONDON] When Manchester United won the English Premier League title and FA Cup earlier this month, the team's shareholders had two reasons to cheer. The back-to-back wins gave the club
      Bloomberg Business News  -  886 words
    • Article
      Rugby club plans to raise £2.5 m from stock sale
      672 14 RUGBY Investing in a handful of beefy men could be risky, say analysts Bloomberg Business News [LONDON] When Rugby Union decided to become a professional sport last year, it enabled players in Britain to become wealthy and made life much
      Bloomberg Business News  -  672 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      491 13 •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 For real-time Yeo Hiap Seng Limited X CIO (Incorporated in the Republic of Singapore) Stock NOTICE OF ANNUAL GENERAL MEETING information, NOTICE IS HEREBY GIVEN that the Fortieth Annual General Meeting of the Company will be held at 950 Dunearn Road, Singapore *****4 at
      491 words
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      Page 13 Advertisements Column 2
      1338 13 p i SAN TEH LTD W lU t (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of the Company will be held at its registered office, San Teh Industrial Building, 100 Eunos Avenue 7, Singapore *****2 on
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      40 13 POOHESBURY FLASHBACKS By Gary Trudeau 1 He/.MBe.W AN OU? ARMY MATT A MM- ru QQ* GOT A P6N PAL UJHOS dUPOY OF MINB. UTB! KXJ \y IN VIETNAM? HZT U£UXX£INTH£ UJBRS IN TUB e Y WARHORBP ItnAfWORW yyl awn* MRCCKEP!
      40 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      188 14 MR A I ly-jyi Jfjj/ff THINKING ABOUT A GRADUATE I DEGREE IN MANAGEMENT? fairs-—: Participating i in Asia s UniwariitiM At the MBA Fairs, you will Arthur a u«to School leam about graduate i Man TT t programs in Business BabSOfl COn6Q6 2 00-5 00 Dm <* ***** Administration (MBA),
      188 words
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      Page 14 Advertisements Column 2
      69 14 bonanza HfaTlo3HbT96 Restaurant Raphael will be serving delicious, juicy and succulent US Prime Beef to steak lovers. Choose from T-Bone Steak, Charcoal Broiled Singapore Steak, Ribeyed Steak, Chateau Briand Steak, Grilled Peppercorn Steak and complemented by delectable sauces. Available r on an ala carte basis. l" AJ 11 LII _J
      69 words
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      Page 14 Advertisements Column 3
      94 14 m SO COME AND HAVE THE PLEASURE OF CURLING YOUR TASTE BUDS AROUND THESE XIAMEN DEUCHT! I vf: Xiamen cuisine buffet lunch with as enticing spread of over 30 dishes reflecting tfcck tnie heritage, including snacks and desMrts. It is real value for money. ##**<*# micw—im» xmhsmi I«T||||Hl»C.Wl 111 iw«»l>-«>»ai»
      94 words
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      Page 14 Advertisements Column 4
      44 14 50 Market Street #01-05 Golden Shoe Carpario Singapore *****0. Inside Summer Gate Restaurant BwhHiiiHf, pi—r cmU m» mt H# 5339 is International, OFF uie serve you *v forUmdiooJfc* the may you want it to be. ynsmh&Mjeirr W&aO—fMnwy.K|S>h*riiin IWT4 Tel: 345 1211/} .os-ai trJ» <G-aj'tri^r
      44 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      706 15 Singapore Business Giving you the winning edge HHMHHII Budweiser HHHHHPVH I fl ir» Ifcl j I «£3as£s3* li WHERE TO WINE, DINE AND ENTERTAIN WORLDS yWGEST seujmo beer JK j£j§ Set Lunch Dinner Flavours at Meisan s§j| S$ 18.90+++ per person Ss2B.9o+++ per adult; grafi $14.90+++ per child jgftg Make
      706 words
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      Page 15 Advertisements Column 2
      113 15 The Mezzanine V% the deal place for you to sit back and unload. Then unwind over your favourite drink the cool, M«phmed rhythm at am ruidcwt bud We're upecting yon. Happy Hours* Finfcr Snacks: spm to Spin. Cocktails k Entertainment Bpm to lan (weekdays) ipm 10 2an (weekends) 7174*11 SALMON
      113 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      742 15 TV&RAPIO UN Tuesday Premiere 8.00 Berita 12. «j iiiMMHai Bloodstone: Subspecies II BJO Senior Minister on the IVT LOO PM The Winners. (See Our Choice). Singapore Dream. LSO Money, Money.Money. nan AMVidz. mo HMI. 2.00 How to Succeed in Busi- ian in Living Color. 18*8 Science World. ness LOO Late
      742 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      309 15 CRVPI'IC CROSSWORD 1 Certain to ring someone about —jJ—jHT~" ~bJ 5 Mother's had a row about the dog P 9Go along with the electricity au- H ~IH H| 10 Make regular request (5) I 11 Shindig can lead to beatings (7) 12 Not many can provide word -s— which means
      309 words
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  • Cycle & Carriage Golf Page
    • Article, Illustration
      Charming but challenging
      2719 16  -  The Hyatt Regency Coolum course offers a subtle battle of wits that demands a careful and patient game, says micelausd'cruz NICKLAUS D'CRUZ The writer is editor The Asian Golf Review YOU will be lucky to be able to get in a game when you book the stay-and-play
      2,719 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      75 16 For thoae whoee time hat com*, what batter opportunity than now to view the new Mercedea-Benz E-Claaa. See It today or call *****00 (Pandan Gardena) or *****18 (Alexandra) for a teat drive. Mercedes-Benz 1110 Ij'V'IcISS Engineered to move the human spirit. CYCLE ft CARRIAGE Authorised Distributor for Mercedes-Benz •HOWMOHI PANDAN
      75 words
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  • COMPANIES & MARKETS
    • Article
      Van der Horst's interim profit up 4% to $25m
      386 17  -  tf turnover and 34 of profit from power and infrastructure projects, says group Py\ Shiv Taneja (SINGAPORE] Infrastructure group Van der Horst yesterday reported a 4 per cent increase in group net profit to $25.4 million for the half year aided
      386 words
    • Article
      Koh Bros bags $146 m HDB job
      106 17 [SINGAPORE] Construction and property group Koh Brothers Ltd has clinched a $146 million contract from the Housing and Development Board, its third and largest HDB contract to date. The Choa Chu Kang project covers 17 blocks of four and five-room flats and executive
      106 words
    • Article
      Bid to wind up Liang Court HK unit
      459 17  -  Businessman files petition against Profit Kingdom From* Quak Hiang Whai m Hongkong HONGKONG-based businessman Fong Ghi has filed a petition to wind up the Hongkong subsidiary of Singapore-listed property group Liang Court Holdings Ltd in the latest twist to the ongoing tussle
      459 words
    • Article, Illustration
      New lease of life
      87 17 [SINGAPORE] Wuhan's historic landmark, People's Parade (left), is touching base with the 21st century thanks to Singapore property developer Liang Court. It is redeveloping the old cultural hub into a 250,000 sq ft retail and entertainment complex which will also house China's first cineplex. Liang Court
      87 words
    • Article
      Impact of Bank Negara move more psychological than real
      598 17  -  HOCK LOCK SIEW William Chia THE immediate reaction to Bank Negara's announcement last Friday that it would raise the statutory reserve requirements (SRR) of banks by one percentage point to 13.5 per cent from next month has been a fall in
      598 words
    • Article, Illustration
      HPL joins Thai group in US$160m project
      481 17  -  complex to be located in prime location From Loh Hui Yin in Bangkok SINGAPORE'S Hotel Properties Ltd (HPL) has entered into a joint venture with a Thai partner to develop a US$l6O million (***** million) project here. The listed Singapore developer will take
      481 words
    • REGIONAL COMPANIES
      • Article
        OCBC in tie-up with Indon bank
        617 18 Bank Nisp says joint venture with S'pore Big Four bank expected to start operations this year Bloomberg Business News {JAKARTA] Fresh on the heels of a planned merger of its Malaysian unit with Pacif•Jc Bank, Oversea-Chinese Banking Corp is entering into a joint venture
        Bloomberg Business News  -  617 words
      • Article
        Breakdown of joint venture
        276 18 Pac Can ghres details If its China Expressway company Bloomberg Business News CJSINGAPORE] Pacific Can Investment Holdings Ltd will Mold a 20 per cent interest in a Ebint venture expressway com■nny in China, with one of its Shareholders owning the reEhaining 80 per cent, the comB#any
        Bloomberg Business News  -  276 words
      • Article
        Pacific Bank shares surge on merger news
        227 18 Bloomberg Business News [KUALA LUMPUR] Pacific Bank Bhd's stock yesterday surged to a record high after it announced plans to merge with the Malaysian unit of Singapore's Oversea-Chinese Banking Corp. It rose by as much as M 13.30, or 29 per cent, to
        Bloomberg Business News  -  227 words
      • Article
        Inchcape opens $3m car care centre to boost after-sales
        368 18 [SINGAPORE] Inchcapeowned Borneo Motors yesterday opened its $3 million, 7,000 sq m car bodycare centre in Leng Kee Road in a bid to improve customer satisfaction and increase after-sales earnings, which are increasingly important to the bottom line of motor companies
        368 words
      • Article
        QAF advisers back sale of Brunei unit
        115 18 [SINGAPORE] Citicorp Investment Bank, financial advisers to the independent directors of listed food group QAF, has recommended the sale of Brunei-based subsidiary QAF Holdings. Citicorp said in a circular yesterday the sale of OAF'S 55 per cent stake to Brunei royal family-owned Baiduri
        115 words
      • Article
        Singatronics Bhd float off
        106 18 [SINGAPORE] Singatronics Berhad, the Malaysian unit of electronics subcontractor Singatronics Ltd, has foiled to obtain approval from the Malaysian Securities Commission to list on the Kuala Lumpur Stock Exchange. Mainboard-listed Singatronics Ltd, which has a 72 per cent stake in Singatronics Malaysia, said yesterday that the
        106 words
      • Article
        SSL signs loan facility
        103 18 [SINGAPORE] Straits Steamship Land yesterday signed a deal securing a US$35 million (Ss49 million) syndicated transferable term loan facility to finance phase one of its US$33O million Saigon Centre project in Vietnam. The loan facility was obtained from a syndicate of nine banks and arranged by
        103 words
      • Article, Illustration
        Sing Tel rises further to 2-year high of $3.88
        446 18  -  By Genevieve Cua [SINGAPORE] Singapore Telecom shares hit a two-year high of $3.88 in early trade yesterday, on buying interest spurred by its inclusion in the benchmark Morgan Stanley Capital International (MSCI) index from next week. More than half the day's
        Source:; ALLAN  -  446 words
      • Article
        MAS' placement success
        131 18 MBT [KUALA LUMPUR] National carrier Malaysia Airline System Bhd (MAS) has made a successful block share placement of M$S6O million (Ss3l4 million) the largest ever underwritten in the country. The gross proceeds from a private placement of 70 million new Msl shares representing 10 per cent of
        MBT  -  131 words
      • Article
        Public Bank ready to face any challenge, says CEO
        327 18 AFX-Asia [KUALA LUMPUR] Public Bank Bhd is well-placed to face any challenge, its president and chief executive officer Teh Hong Plow said. "We have a niche market. We are well-poised and wellplaced to face any challenge," he said. Mr Teh was
        AFX-Asia  -  327 words
      • COMPANY Briefs
        • Article
          OCBC to close Osaka branch
          42 18 (SINGAPORE! OCBC Bank said It win close its Osaka branch on June 30 as part of its business strategy to streamline Its operations in Japan. Itwfll continue to maintain a presence In Japan through its Tokyo branch.
          42 words
        • Article
          Powermatic quaried over slump
          75 18 (SINGAPORE] The Stock Exchange ofSingapore has asked Powermatic Data Systems to detail the fectors behind a alump In its second half performance that led to It last week posting a loss of 11.75 million tor the year ended Feb 29, against a profit ofs&SB million a
          75 words
        • Article
          UOB's deemed interest in UIC up
          35 18 (SINGAPORE) United Industrial Corporation announced yesterday that United Overseas Bank's deemed Interest in the company has increased by one million shares, bought st *1.4* each, to 83.613 millkm shares.
          35 words
        • Article
          HL Investment ups S'pore Finance stake
          57 18 [SINGAPOREI Hong Leong Investment Holdings Pte Ltd has increased its stake in Singapore Finance Ltd from 73.32 per cent to 7128 per cent through the purchase of SFL shares and conversion of warrants 1999. Hong Leong investment Holdings Pte Ltd, SFL's ultimate holding company,
          57 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • COMPANY Briefs
        • Article
          HSBC to sell premium financing unit
          39 19 Reuter [LONDON] HSBC Holdings pic is to sell its insurance premium financing business. Premium Credit, the Sunday Timts newspaper said. Analysts said the unit could fetch £100 million (Ss2l3millkmX the paper said. —Ratter
          Reuter  -  39 words
        • Article
          Great Eagle in 400m deal to buy hotel
          59 19 Reuter [HONGKONG] Hongkong's Great Eagle Holdings Ltd said it had agreed to buy the freehold interest of the Langham Hilton hotel in London for £100 million (Ss2l3 million) from Ladbroke Group pic. It said it had paid a deposit of £10 million
          Reuter  -  59 words
        • Article
          Hopewall under pressure to meet loan
          103 19 AFX-Asia [HONGKONG] Hopewell Holdings Ltd is under pressure to sell two hotels and shares in Consolidated Electric Power Asia Ltd (Cepa) in order to meet aHK© billion (Ssa®> million) loan deadline this year, Sing Too daily reported, citing a Crosby Securities report. It cited
          AFX-Asia  -  103 words
        • Article
          Chinese Petrolium to out stake in firm
          66 19 Bloomberg Business News [TAIPEIJ Chinese Petroleum Corp, a Taiwan government-owned oil company, has notified the Securities and Exchange Commission ofplans to sell 56.9 million shares In China Petrochemical Development Corp, a petrochemicals maker. China Petrochemical has issued 980.7 million shares. Chinese Petroleum currently
          Bloomberg Business News  -  66 words
        • Article
          Westfield sets up trust to buy stake
          80 19 Bloomberg Business News (SYDNEY] Australian shopping centre developer Westfleld Holdings Ltd said it will set up a new real estate trust to acquire a 67 J per cent stake in Center Mark Properties Inc. which owns 22 shopping centres in the US, for
          Bloomberg Business News  -  80 words
      • Article
        LG group to invest US$100b in China
        205 19 AFP [SEOUL] South Korea's LG Group is to invest US$lO billion (Ssl4 billion) in China over the next 10 years to make it the group's primary overseas manufacturing base. Group chairman Koo Bon Moo said yesterday: "By 2005, LG will invest US$lO billion
        AFP  -  205 words
      • Article
        South Korean chipmakers in for tough time
        352 19 Tumble in chip prices expected to cause sharp profit falls, analysts say Reuter [SEOUL] South Korean chip makers, hit by plunging semiconductor prices on the global market, are expected to post sharp profit falls this year, analysts said yesterday. Officials at the nation's
        Reuter  -  352 words
      • Article
        Oki Electric posts record profit of 48.3b yen
        360 19 But it warns of less profit growth on slower chip demand Bloomberg Business News [TOKYO] Oki Electric Industry Co achieved its highest profit ever in the most recent fiscal year thanks to the breakneck pace of worldwide demand for computer chips. The
        Bloomberg Business News  -  360 words
      • Article
        Japan banks' biggest losses in 50 years
        478 19 7 trust, 3 long-term credit banks lost money on bad loans Bloomberg Business News [TOKYO] Japan's trust banks and long-term credit banks reported their biggest losses in 50 years, triggered by the disposal of trillions of yen in bad loans. All seven trust
        Bloomberg Business News  -  478 words
      • Article, Illustration
        Toughest guys on the Planet ?
        45 19 Toughest guys on the Planet [SYDNEY] Sylvester Stallone (Itfl) and Jackie Chan saluting the crowd at the opening of the Planet Hollywood restaurant in Sydney on Sunday. The Sydney venue is the 32nd restaurant in the chain and the first to open in Australia. AFP
        AFP  -  45 words
      • Article
        Aussie unit denies Mobil scuppered deal over Ampolex convertible notes
        315 19 Reuter [SYDNEY] Mobil Corps Australian unit has denied Mobil scuttled a potential settlement between its takeover target Ampolex Ltd and Ron Brierley's Guinness Peat Group pic over the conversion rate for Ampolex notes, the Australian Financial Review reported yesterday. The
        Reuter  -  315 words
      • Article
        St George Bank trumped again
        190 19 Bloomberg Business News [BRISBANE] Metway Bank Ltd and two state-owned financial services companies, Suncorp and Queensland industry Development Corp, said they plan to merge in a transaction that trumps St George Bank Ltd's bid for Metway. The merged entity, with assets of about As2l billion
        Bloomberg Business News  -  190 words
    • FINANCE & COMMODITIES
      • Article
        Japan likely to sign pact on swapping futures trading data
        295 20  -  Inio swap between exchanges aims to prevent overtrading leading to another collapse like Barings From, Anthony Rowley inltScyo JAPAN is expected shortly to sign an international agreement with leading futures exchanges which is designed to prevent the kind of overtrading
        295 words
      • Article
        Keppel Finance new FHAS chairman
        117 20 [SINGAPORE] Keppel Finance will assume chairmanship of the management committee of the Finance Houses Association of Singapore, the association said yesterday. .Keppel Finance takes over from Overseas Union Trust and will be represented by general manager Chee Jin Kiong. Its chairmanship is for the period
        117 words
      • Article
        No immediate S-E Asian market for Iraqi oil
        330 20  -  Quality, pricing and contracts will affect resumption of sales after UN pact By I Siow Li Sen [SINGAPORE] Shipments of oil from Iraq which this week received the go-ahead from the United Nations to renew exports after a five-year hiatus are unlikely
        330 words
      • Article
        6 HK banks invited to sell exchange fund notes
        334 20 SCMP [HONGKONG] The government has invited the six largest retail banks in Hongkong to sell exchange fund notes in a move that would offer consumers a wider choice on deposits and investments. The move will turn trading of the notes into
        SCMP  -  334 words
      • Article
        Bank Niaga unit's FRCD issue
        98 20 Reuter [HONGKONG] Bayerische Landesbank's Singapore Branch and Banque Nationale de Paris's Singapore Branch have been mandated to arrange a US$25 million (Ss3s million) floating rate certificates of deposit issue for PT Bank Niaga acting through its Cayman Islands branch. The arranger said yesterday that the
        Reuter  -  98 words
      • Article
        Euroyen firms a bit in thin trade
        222 20 SIMEXReport Reuter (SINGAPORE] Simex Euroyen futures ended mildly firmer in meagre trade yesterday with market participation severely hampered by holidays in Europe and the United States. Many dealers did not stay to watch December Euroyen finish at 96.85 against its CME settlement at
        Reuter  -  222 words
      • Article
        China's moves watched in copper market
        128 20 Reuter [HONGKONG] The volatility of international copper markets had Far East traders wondering yesterday if China would take advantage of price dips to restock central reserves, and, if so, by how much. Word that China was taking another 15,000 to 20,000 tonnes from Comex
        Reuter  -  128 words
      • Article
        Asian gasoil falls amid lower European prices
        292 20 ENERGY REPORT Bloomberg Business News [SINGAPORE] East Asian gasoil prices fell as traders perceived prices in Singapore as too high relative to European prices. "The market is a little overdone here. Distillates are not as strong globally and there are incoming cargoes from
        Bloomberg Business News  -  292 words
      • Article, Illustration
        Untitled
        1129 20 BTlfflTf 11 OOEMMOT iATB 4pm, May 27 MatatK AfotaotUSS AiXMtSS *****S$ cgnorfn m owtr m QWw twmin u Off* ai «»r StUSt to om* **U oftorttg* tmrr—e*: swst to 100 units offortiffn eurrenc],: tattraOaa Mkr UK UN 0.79B 0.7920 ftwdl tr«c 27.0353 27.0700 19.1044 19.1755 rmiii mn uzm torn 0.7279
        1,129 words
    • Article
      COMMODITY PRICES
      1216 21 gOOMrUTOTUg May 27 SSSISSSSSSl" am VWmw Opw Ml I— Urn $m <t—m» Irtwwt J»99 2*09 2AM 29.19 SO BO MH 2B40 ***** 20JS 275 2075 Ml* 2H00 2H00 ***** ITS 2550 S»90 ***** 209.00 ***** NO 1480 Ott/Hf H ***** 200.00 75 Hfff JM&«7 ***** 2775 JmPmft 20SJ0
      1,216 words
    • Article
      TOKYO
      1596 21 Bloomberg Business News D rem as -MJ7 JAPAN'S benchmark Nikkei 225 Index fell to a two-week low, led by brokerage and steel shares, amid concern that earnings growth will slow this year. "The numbers were good, but we were hoping to be surprised by even better earnings forecasts," said
      Bloomberg Business News  -  1,596 words
    • Article, Illustration
      HONGKONG
      1566 22 Reuter AFX-Asia STOCKS closed modestly higher in thin and lifeless trading yesterday, with participation sapped by the US and London markets' holiday, brokers said. The blue-chip Hang Seng Index gained 62.53 points to 1 £{061.69. Turnover slid to another year low at HKJ2.74 billion from Friday's adjusted HK53.79 billion.
      Reuter; AFX-Asia  -  1,566 words
    • Article, Illustration
      CHINA
      586 22 Bloomberg Business News nShuKNßShwhig -mill SHANGHAI B shares rose, led by Shanghai Hero Co. amid expectations that companies will announce plans this week at annual meetings to raise profits this year. Hero, a pen manufacturer, rose 4.3 per cent to 29.2 US cents on 384,000 shares of trade, more
      Bloomberg Business News; Source: Credit Lyonnsis Securities (Asia) Ltd  -  586 words
    • Article
      TAIPEI
      348 22 AFP QWPlifax -MM SHARE prices in Taiwan finished 0.2 per cent lower yesterday on featureless trading, weakened by food and financial issues. Investors hoped to sell their stocks at good prices but declined to buy at highs, triggering slow trading in the market, said Huang Ming-teh of Kingtex Securities
      AFP  -  348 words
    • Article, Illustration
      JAKARTA
      629 22 AFP *111 SHARE prices closed 0.4 per cent higher yesterday in cautious trading ahead of expected new listings. "Most investors are still careful, very selective positioning cash is really precious ahead of the IPOs (initial public offerings)," a dealer with a US brokerage said. The Jakarta Stock Exchange Composite
      AFP  -  629 words
    • Article, Illustration
      BANGKOK
      802 22 Bloomberg Business News PSETMn +11J6 THAI stocks rose on hopes a cabinet reshuffle expected sometime this week would improve decision-making, analysts said. "The market is anticipating that the new finance minister will be better than the old one," said Nanthawat Chuaysong, an analyst at Poonpipat Finance Securities pic. The
      Bloomberg Business News  -  802 words
    • Article
      MANILA
      287 22 AFP FlMurik +4101 SHARE prices rose 1.3 per cent yesterday as optimism about the country's economic growth prevailed, traders said. "It's still a followthrough from last week's active trade," said a broker. The Philippine Stock Exchange Index rose 43.01 points to 3,256.10. Turnover volume fell 0.5 per cent to
      AFP  -  287 words
    • Article
      SEOUL
      325 22 AFP +BJ7 SHARE prices closed one per cent higher on the Korea Stock Exchange yesterday in a technical rebound led by blue chips, dealers said. "I don't read too much into today's rally in the absence of any improvement in fundamentals," said Lee Sang Hoon at Daewoo Securities. The
      AFP  -  325 words
    • Article
      SYDNEY
      584 22 AFP HAlOrttoria *U Shares closed 0.3 per cent higher yesterday in lacklustre trading. The Australian Stock Exchange's key barometer, the All Ordinaries Index, rose 6.9 points to 2,261.1. The All Industrials Index rose 10.2 points to 3,323.1, while the All Resources climbed 4.3 points to 1,463.8. National turnover totalled
      AFP  -  584 words
    • Article
      WELLINGTON
      269 22 Bloomberg Business News PWcDmgton -&84 SHARES declined to their lowest level since March 25. The Top 40 share index fell 8.84 points, or 0.43 per cent, to 2,059.46. Decliners outnumbered advancers by 27 to 8. mrn «a mm ANZ Banking 7.00 -0.05 700 Advantagas HMgt 1.60 uncti *****00 Air
      Bloomberg Business News  -  269 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Bank Negara move dampens market
        7355 23 KUALA LumuruMlßeports Bloomberg Business News QCbmpoatabin -1011 STOCKS feU for the first time in three sessions, led by Sime Darby Bhd and Public Bank Bhd, after the central bank moved to reduce the amount of money banks have with them to lend. "The move has
        Bloomberg Business News  -  7,355 words
    • WARRANTS &OPTIONS
      • Article
        Noel: cheap, but a high-risk play
        3643 24  -  WARRANT WATCH -By] R Sivanithy IN previous columns, we've highlighted the fact that in the local market, it is sometimes worth picking up warrants purely on the basis of low prices. This approach, which theorists would frown upon, would require the buyer to discard
        3,643 words
    • Article
      CLOB INTERNATIONAL
      2311 24 MALAYSIAN STOCKS i Or Or IBM Last vat Day Last Quote Oh N> DM M M Cap p» Ui st— c»a»»ay room n» L— Bayr %mm cv wi 2 V*25 392 SON AISBSOc JM -20 K 1*2 392 400 U U 14 tt 4041 > ID M 5001
      2,311 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1020 25 TURNOVER 0000) VAIUI fOOO) mm cm tw> mh» cm J** Ifxlirttrl* 35.473 7,929 43,402 141.543 14.552«f097 fwnct tSJOO 11.742 27,04* 107,014 Mjn n*.m 1,502 «M 2.IM ipro MM PfOMrttM 9.9M 10.033 20,?00 SM22 TMS 72.437 PtanUtton 1342 U542 *457 3.457 Mining 374 374 U44 1.144 •LW MM 4.072 12.937 MM
        1,020 words
      • Article, Illustration
        HOT STOCK
        62 26  -  Paul Leo SINGAPORE AIRLINES Foreign/ell 90 cents to $14.50 with 1.45 million units traded, 34 per cent mors than the lOdqy average of 1.08 million shares. Further losses can be expected as the daily Relative Strength Index is approaching overbought region and there is a possibility Of a
        62 words
      • Article, Illustration
        Selected blue chips, second liners shore up market
        789 26  -  STOCK KJJUKBT COMMBNTABY Sing Tel helps STII to stay above 2,350 level; dealers see no npside support, expect mixed-to-weak finish today By R Sivanithy (SINGAPORE] Strong performances by a few local blue chips and second liners helped shore up the local stock
        789 words
      • ON THE GRAPEVINE
        • Article
          Maysprings, an optimist's view
          133 26 DESPITE the latest curbs on property speculation. Alliance Securities is recommending that Investors buy shares of First Capital Corp. Alliance noted that FCC, trading at seven times prospective PE, is cheap. It believes that once the dust settles, property buyers will look at its Maysprings project
          133 words
        • Article
          Behind OCBC-Pacific Bank merger
          80 26 STILL trying to figure out what the OCBC and Pacific Bank merger entails? One large stockbroking house's sales executive says most brokers will be working on this one for awhile. For those still confUsed by the event, try this broker's pragmatic Interpretation of the event OCBC
          80 words
        • Article
          Guide to easy profits
          109 26 EVER wonder how profitable a fUnd management company can be? Well, British fUnd management company Perpetual Group recently reported a 48 per cent rise in interim profits and came under the Financial Times' scrutiny. According to the FT, Perpetual made almost 70 per cent of its
          109 words
        • Article
          A better gamble
          92 26 BUYING stocks is like buying a lottery ticket, a US financial weekly's writer wrote. You know the game is stacked against you but you hope to come out on top—and you are having ftin. The pleasure lasts longer than ifyou went to the race tracks. At the
          92 words
        • Article
          Far away from
          98 26 TO MOST Singaporeans, South America would not rank as being high up on their! list of holiday destinations. This however, may not be the case if your fitmily members are currently fighting <me another and you just want to get away. And it may definitely not be
          98 words
    • Article
      MAIN BOARD
      4530 25 Or Cr M Nt IMS Last Vol Day Last Ouoto Wv Dlv YW Nat Cap Avg Hl» Law StMa fimiirr ««>» rOOO> H>gn Law »uyar SaBac Pw Wl HWUSTRIALS 214 165 1258 AC(K 5Cte™~_-__ US181 -1 122 162 180 180 181 S ON 7.5 10 113 2993 494
      4,530 words
    • Article
      SESDAQ
      845 25 Or Or mm 1996 Lm4 V* Day LaatOaata 01* Ml n M Cap A«* HHh L— St No Ctm—ny SO rOOOl UN* lw 8«yac 8a8ar CV jg tm» Plica SCSDAQ 289 234 2000 URHHfiSc 242 cd 60 243 242 241 242 3.0 lit 0.1 1513 W74 243 234 155
      845 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      402 17 1 i Hl' Just $986.74 for a 7-in-l fax, printer, scanner^ fax modem, copier, message centre and telephone; -'A: snnp r Li fr kh/HUr-MSOMC Usual $1017,64 (with GST) Now $986.74 (with gst) With a price reduction of $30.90, the Brother Intellifax-1450MC is now more affordable than ever. And if you
      402 words
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      Page 18 Advertisements Column 1
      75 18 At the Huhertus Grill, nudge the oysters on your plate with a fork and they 'twitch'. It's the only way you can he dead certain they're live. Absolutely fresh. You see, as with everything else, we don't take any chances. Which should leave you with no guessing as to how
      75 words
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      Page 20 Advertisements Column 1
      956 20 I OSPREY MARITIME LIMITED (incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be hefc) on 20 June 1996 at 10.00 am at 6 Shenton Way #19-08 DBS Building Tower Two, Singapore *****9 to transact
      956 words
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  • Page 21 Advertisements
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      13 21 The London, Paris, Stockholm, Frankfort, Home Decor For people who love their homes
      13 words
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      Page 21 Advertisements Column 2
      93 21 1• t T 4 > e a Tke first amendment. <« *Y oO K 15 •ViJ 4 J* %P C|S A completely new menu presenting the very latest in lighten healthier cuisine (rom America. It's tke first amendment in a whole string of changes we're planning at Seasons. And one
      93 words
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      Page 22 Advertisements Column 1
      46 22 MONT* BLANC THE ART OF WRITING A. jl' *k a? MONTBiANh, BOUTI iU E S Singapore Ngf Ann City #01 32 Raffle. City #0 '"A Ih- sf»' 04 0" MONIBOANC CORNER Sincere Watch limited #01 013 '0 1 5 Suntec City Mall ar all c: aea--'^
      46 words
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      Page 23 Advertisements Column 1
      133 23 Transport Authority Infoline— COE Bidding Results Car Registration Number Availability. Available on 10th or 11th of every month. All you Available between Saturday and Wednesday each week. All yon need is need is enter your iC, Passport or Company Registration enter yo«r Car Registration number number and the Vehicle Category
      133 words
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      Page 23 Advertisements Column 2
      122 23 I GIVE YOUR HAIR A NEW LEASE OF LIFE Hay 3 formulation extracted from herbal plants is the key holistic approach for balding, hair loss, damaged hair, premature greying and problems including dandruff, etc. No surgery or implant i n dn,gs r iniec,io effeCliy problOTs t af>d Ur mt $200
      122 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      82 25 x m Safe Options Can Still Be Exciting SAAB *can^ TR4NS ELROC4RS :<I.II:• K U m.ml S| 11^.I |M.| 1 I >'»"•»- 1,1.|i li I(.SSs I .1 4"J m."4 Mi.... II M..ns I Hi,,,,, v•(< 11 4 1. I I KOK M(S Milili.lv 2* '<•>\ I"I 1 K Mln.jl.lll I
      82 words
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      Page 25 Advertisements Column 2
      136 25 To: SPH AudioTcx Department Singapore Press Holdings Ltd 82, Genting Lane Singapore 349-567 Tel: 740-1493 Fax 740-2216 1 wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period Ql2 month* Q 6 months Q 3 monthi at S)60.00 at
      136 words
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      Page 26 Advertisements Column 1
      1167 26 Singapore Closing Shore Prices 27/08/1996 CLOSE PREV LOW HIGH use use use use \llll/ Jardine Matheson 8.10 8.08 7.88 8.18 Jardine Strategic 3.00 3.04 3.00 3.06 I VfiAAf I Dairy Farm 0.88 0.888 0.88 OJB Hongkong Land 2.28 2£B 2.23 2.28 HBRII|| Mandarin Oriental 1.34 1.37 1.32 1.37 BfiUSUttaH Jardine
      1,167 words
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      Page 26 Advertisements Column 2
      204 26 IN THE MATTE* Of THE COMPANIES ACT. CAR S» AND IN THE MATTER OF BETA DEVELOPMENT PTE LTD (la VulmliH Liquidation) NOTICE OF FINAL MEETING NOTICE u hereby given lhat pursuant 10 Section 308 of Companies Act. Cap. 50 the Final Meeting of the Company w»H be held on Friday.
      204 words
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      Page 26 Advertisements Column 3
      10 26 Home Decor -For people who love their homes \i t>
      10 words
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  • SHIPPING TIMES
    • Article
      DAILY FREIGHT
      301 27 Knight-Ridder Reuter THE freight market was at a standstill in light of yesterday's holidays hone and in Europe, brokers said. "The entire market was in one of those holiday moods, as owners and charterers elected to stay on the sidelines," commented one broker. He said the Atlantic Panama
      Knight-Ridder; Reuter  -  301 words
    • Article
      MARITIME STOCKS
      229 27 •mv M hi C«TOMi»»U«l—L44 *0.01 T7 ommhmp um -am C——Hil l Hurt— 1.73 *009 rtLS Ml -OJO 420 FnMtlMa 0.79 -0005 10 OSMMnp U0 -007 297 »WS«IHM» UM inch MS IWnMllllii am «0M 24 MCIIM—n MM0 *11 III WW U2 -002 10 *0il0 sm *amdc«9 km -an tot
      229 words
    • Article, Illustration
      Steamers Maritime venture to expand China terminal
      426 27  -  Part operator Foshan-Sinotran* Intlti extend terminal's quay By] Rahita Elias [SINGAPORE] Port operator Foshan-Sinotrans International Transportation Co (FSIT) plans to expand its Lanshi terminal located at Foshan, Guangdong province. FSIT vice-chairman Vincent Ko told Shipping Times in Foshan recently that FSIT was likely
      426 words
    • Article
      US-China row unlikely to hit HK shipping
      182 27 Reuter [HONGKONG] A US-China trade war would not have a big impact on container shipping in Hongkong, an industry executive said. "The total impact on the trade will be not that significant," Phfflp Chow, managing director of Orient Overseas Container Line (Asia Pacific)
      Reuter  -  182 words
    • PORT Shots
      • Article
        Growth of Indian fleet may slow down
        76 27 [LONDON] Indian shipowners have warned the new government that, unless terms for external commercial borrowings (ECB) are relaxed, Indian fleet expansion will slow down. Members of the Indian National Shipowners Association (INSA) told Surfrce Transport Secretary S Sunder that the present ECB norm
        76 words
      • Article
        Tanjung Prick speeds up unloading
        60 27 AFX-Asia [JAKARTA] The Association of Indonesian Textile Manu&cturers (API) and state-owned P TPelindo n have set up a Cargo Consolidation and Distribution Centre in TsstfungPriok port to cut red tape in unloading procedures, reported. The report quoted API secretary general Benny Soetrisno as saying: "The
        AFX-Asia  -  60 words
      • Article
        Blockade at HK port unlikely
        59 27 [LONDON] A threatened blockade at Hongkong port, using tugs and lighters, is unlikely to go ahead. Discussions with mid-«trtam operators owr the tendering out of public cargo working are* (PCWA)berths are moving from confrontation to compromise. Agreement may be reached iftfae tendering proposals are undertaken
        59 words
      • Article
        Fire on oil tanker kills three
        81 27 Reuter [MOSCOW] Three people were killed end three suffered severe burns in a fire which broke out on a tanker as H was loaded with fUelst an oil refinery in the Siberian city of Omsk, Russia's Itar-Tass news sgsncy said on Sunday. The fire
        Reuter  -  81 words
      • Article
        Cargo ship servers cables, pipes in Sues
        76 27 Reuter (PORT SAID] Sues canal authorities have detained a Cambodian cargo ship for severing electrical lines and water pipes when it dropped anchor in the canal, officials said yssterday. The cargo ship Gfcncora, destined for China fftmi Russia, dropped anchor nsar the canal
        Reuter  -  76 words
      • Article
        IHI to build 2 box ships for P&O
        75 27 Reuter [TOKYO] Japansse shipbuilder Ishikswajima-Harima Heavy Industries Co Ltd has won a 20 billion yen (***** million) order to build two large container ships from Britain's PAO Containers Limitsd, an IHI spokesman said on Friday. Construction of the two vessels, each capable
        Reuter  -  75 words
    • Article
      Two new oil tankers for NOL
      109 27 [SINGAPORE] Two new 99,300-dwt crude oil tankers have been buUt for Neptune Orient Lines (NOL), and will be delivered next month and in August The two tankers, to be named Eagle Boston and Eagle Baltimore, will in turn be delivered to Bayway Refinery Company
      109 words
    • Article
      UK ports detained fewer ships in April
      211 27 Knight-Ridder [LONDON] Twenty-Two for-eign-flagged ships were detained in UK ports during April after failing port state control safety inspections, down from 34 in March, the UK Marine Safety Agency (MSA) said last week. The list includes nine ships still under detention from previous
      Knight-Ridder  -  211 words
    • Article
      3 parties interested in Gdansk shipyard
      208 27 Reuter [WARSAW] Polish Privatisation Minister Wieslaw Kaczmarek has confirmed that three investors are interested in buying the nearly bankrupt state-owned Gdansk shipyard. "We have received three letters of intent," Mr Kaczmarek said last week, adding that they were very general and that one come
      Reuter  -  208 words
    • Article, Illustration
      Pan-United delivers 2 cement carriers
      84 27 [SINGAPORE] Pan-United Shipyard, a wholly-owned subsidiary of listed Pan-United Corp, has delivered two cement carriers to Kedah Cement of Malaysia. In a statementyesterday the company said Kedah Cement I (above) and Kedah Cement II were the biggest vessels it had ever built Classed by the
      84 words
    • Article
      Pledge to resolve HK's CT9 dispute soon
      325 27 New port chainaa to puk for early settlement [HONGKONG] The Port Development Board's new chair-man-designate, Peter Thompson, has pledged to settle the Container Terminal 9 (CT9) issue. Mr Thompson, who takes the seat on June 1 from Hongkongßank chairman John Gray, who will
      325 words
    • Article, Illustration
      Will ties cut costs or carriers?
      1026 28  -  GLOBAL SERVICE CONTRACTS: SHIPPERS GIVE THEIR VIEWS •The question is whether there will be high-quality, premium-price alliances competing against low-cost no-frills alliances. This is important for the issue of whether alliances will ultimately take over the role of freight conferences 'M Philip Damas American
      American Shipper  -  1,026 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      291 28 PAGE Ethiopian 6 ACL n Eurohans 6 AMI 3 Evergreen 6 Able 7 Ewrpriwe 13 Accord 12 Ahrenkiel 4 Feedertraw 13 AppensMp 4 a-arigM 7 Astro 3 Foo«gS«i 12 Austral 11 Frota 12 Avant 6 Frt World 7 BSA 7 Clink S 13
      291 words
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      Page 27 Advertisements Column 1
      12 27 Win global alliances eat costs or carriers? Shippers give their views. FSf»2
      12 words
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      Page 27 Advertisements Column 2
      125 27 Decision soon on 2nd noway far new HE airport Govt positive towards project. BackPagß F* BULLETIN BOARD (Boeing's new HSBBI chief in Korea 11 ircraft manufacturer Boeing has m A"\named James R Faherty head of Korea. He has |1 been with the company for 38 years 11 and has assumed
      125 words
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      1117 28 I OTHER DESTINATIONS I I NORTH AMERiSA~~] mm ""wT m« ma u on n«in m ok m wocoon |vma 1 vot |an flg| TBI mill ~~ai 4 a— iggggggggggY lartslsa ssl I gglss Iss [ssl ssTssl EST ST 5I 3 22 tz nan sii iw i«« W» «v H« «/v
      1,117 words
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      Page 28 Advertisements Column 2
      198 28 Lines A services nprmnM by Members ot the Registry of MwntomaUh® uMSzKu Accredited Shipping Agantt, UIAJ S**apore FreigN ForwaidenS"pore National Shipping Assoc Atsodaion. SIOTPD4GTttffiSONI^E Just talk to us... I Iris Lim 740-2044 Tan Lip Chuan 740-1645 Jarrod Leong 740-2089 «Philip Koh *****82 jgggmmmmam* OKTEM AKSOY 24/06 RdrrVAIWBiTvVUK I AURORA 06AM
      198 words
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      1083 29 ylf J I k x (I [J Jl HQfK SOUTH WIST SWISS (DMBCT) I r vest I VOY I ra. Is* ha Ismeid I uu I ml I MM I <M I vk I I mm I MM I I 3 mum Iwi 127/k I niim Im/m lu/m Inm I
      1,083 words
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      Page 29 Advertisements Column 2
      1521 29 HANJIN SHIPPING PBB?W imi pT|«pii w w |oa imt mi ms "Ik m m m m raw ——w "SmT mm I m/m m/m Inml nm In/M m/m 1 */v n/m 1 m/n n/u~ mm" mm~ nm Inm ~vm~~vm~mm" nm mmmmmmm m/m mm Ivm IMM Inm Imm |nm Imml\ml tm 1W
      1,521 words
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      Page 29 Advertisements Column 3
      283 29 EXPORT 3 x Jopon •2 H.m»«ng •1 •1« K» *>«9, KwfcwQ K uiyfcg Kl XK/NAHA/SB4DAI/CaUACH HI W MM JUL Mlk_ajk ML_liJ| 11M 11*4oat«M MM JUL MM lIM ium II» um^ MCMMW MM M-M* «1M JUL Mil Mil BM IUI ttH HJt _J_ anip MM MM" MM" MM JUL UA—ttlft IMI
      283 words
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      Page 30 Advertisements Column 1
      1165 30 «a vor MM rOMI MI UM SIM MBJK SB MS US IfO 91 OK MS HINOttOM 10/5 1/5 11/S M/S W UT~ ivt IZ/i "Wl _UZL BWWPBHBS ISKIt l/S 7/5 U/5 VI IHHBBBHBWBS 3BB1» ~!UT~ ~jVf" IVS V* mmmam ~~WM IS/S m 11/S */i jj 11/ I m llinmffifl 4SBM
      1,165 words
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      Page 30 Advertisements Column 2
      1027 30 1 NORASIA 1 I |«N IMO LAS BCL WL NAMMMHOT ANT PVL LMA I I 2-SJE i!S ,WIWMIM,M,MI mmo« I 2f. "IS Ml M M M M N> IW NA7 «ZA7 0447 I 221 iw Mi nw u«7 \vn urn I I NMNONGMN® KS-3 17M I W7 1M? TIM IM7
      1,027 words
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      Page 30 Advertisements Column 3
      517 30 HT ————^———I i JAPAN/HOMQKONG/STRAJTS REGULAR SERVICE LOADING FOR PORT KLANG/PENANG ffMIl VOY SPORE PBUOAIM PKB FBI MMAMYAOUEBI i ww amv wu—irrowt 1 31 may mjun mjm ggmm j 31 may mm BYOKOH4 >1 M JUW »M JUPITCR j mJUW «7JUM MJMW WHIWBHT 71 MJUN WW lAWTA ESMERALOA M JUW WJUM
      517 words
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      Page 31 Advertisements Column 1
      1064 31 IPW STRAITS SHIPPING PTE LTD IMB mm It Mm CkiMf Road #11-01 Koppsl Tmn IHUB Slqapwi 0208 Tal: *****00 Fax: *****17 uMM «hnmna «*ACfMc i ihop MJQAPOfIt igQßp (A SERVICE OF CHINA NAVIGATION CO) STMITSSIMt VMI2E kM 21 My Mm. KM BhUHi B ,m L *±*2* ™j. _<_i<H STRAITS H0«
      1,064 words
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      Page 31 Advertisements Column 2
      1192 31 MSOACtBFnHCTOOPtffA. Y/WtA AHPCOffftMfTIA -j VIA INASSOL AISD ACGPTH6H> IMPOII MMflfJ VIA MM UfiSKVUMAKHI( I I lli-n'. Mttmm+tMim a hIIWMMI MWMI|tMK4WNI/M Hill I Tj I COSTAM SMffMS WITD **F**""!*nhtni (■mMohhi axwwhbmmm. (m*<•>-m.-<jhn> immkmr.ntsns aum I i>*ii%HMmimM.)a WW i)ii «*rfn»cBa» wtwimwi mv-tmiH/w hcv-tmin mtmjL mats r,ngu*mtm TTmmt [STI m -aIAiiGJMretfAiiGTZOHvnviASHANGHAi «5»/<Ma m
      1,192 words
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      Page 32 Advertisements Column 1
      994 32 runoprjiHf fltf flHminvii iran iotiwiiuhii SOP ROM MM HM THP LHV LHV TUP MM MM Pll SGP I. RACER RW-414 14 Z1« ZM ZS* ZM ZM I. SUNT RE-GG4 ZM M SM W 3M E. RESULT RW-GGG M ZM ZM ZM 1/7 2/7 E. GLORY RE-47S U U 7il M
      994 words
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      Page 32 Advertisements Column 2
      872 32 r»» EJiSL 2L HL fft m "I "1 *HM WM M AH Ml IM W I UMOMMD 0404-070* JM» IMt 11/H MM IVfe lUN (MCOIO *****7H IfAIS JO/05 71/05 Jl/K 01/04 H wonw MOS4» Oil* ivo* \im ivh i«/o* ii/o* it/5 uncotow n»«k iss tt/k tim tt/os w* B ocoopPng
      872 words
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      Page 32 Advertisements Column 3
      556 32 gmUBIIIMM—MBICM (S)PTE LTD TEL: *****33(12 UNEB) FAX: *****18/*****03 TELEX: RS ***** MSttiP P Lima) CRVKk **********0E \}*t j fclfttfOPlAN SMPfM ÜBt f (NHomJ Lfcca of EtMugh) ACCEPTING FCL AND CONVENTIONAL Vnhl Way MtayWon. mm ——i i ■SMaJßyi Andkwt 44W8 O&V7 DpboKl H KIEN HUNG LINE FULLY CONTAINERISED REGULAR LiNEB SERVICE
      556 words
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      Page 33 Advertisements Column 1
      602 33 BSA a, M MYANMA VBBBk FIVE STAR UNE T (HyMMflr Hathad Um) Uidb| l#f YaafM (Hiiym) vtssa vot sm m m poi PABAN JJJW MPT SU> NPA-AM 224W M/OS ■MATS* MOTS: OOMMM SMPPNM AOMOB ML IB 01-03-***** M KL 1H 01-03-*****01 PBk m 01-04-*****01 POD: IE 02-07-*****21/4 BANK LINE tAiowfcoolAM+owW*ttlwh|l
      602 words
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      Page 33 Advertisements Column 2
      908 33 HYUNDAI MERCHANT MARINE CO. lIP. WESTBOUND TO EUROPE BKQ: *****61 I rm I pm I pm I nm/m vw sm w Imt lun imm mt m 20/05 31/05 01/ M It MMMMM 321W 03/ M 11/04 23/ M 25/ M 23/ M 23/ M 2S/M M/M 07/ M M/M 51
      908 words
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      Page 33 Advertisements Column 3
      449 33 I (fc FAMOUS CONTAINER LINES Jlffi 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) 2 SAILINGS A WEEK TO MANILA cj KS FOR BOOKING *****33 CONTACT SHARON LOW i P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 MMk S97)SMM4S7SOO JKIMNIIIt
      449 words
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  • Article
    SHIPPING GUIDE
    14394 34 EXPORT CTA ETA Advartlsar Vawal Voyaga TaMpliona ETA ETA Advartisar Vn>« Voyage Talapnona SIN Datfn Nanta Nam* Nurabar j*<wt»r SIN Dast'n Nama Kama NunWar M» i£aMNNMMtN0NMi0MMNMMMMMMMMN*MMNMMMMMMMNN*MNMRHMMB mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmi Ot/O* 03/0/ Hanlln H.VANCOUVER USE *9-12*0224 IV ABU DHABI/ ST JOHNS (AUH) 2004 g""""™™ »»7 United Arab Emirates 29/09 21/M dsen
    14,394 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      33 35 To retrieve more schedules, just follow these simple steps... your key in the four number code Key in your Exampte: »—L-i fax number To HAMBURG (HAM) *180 for calls within Singapore 01l lfliny
      33 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      430 37 Tropical wmmuv La afclsw^cm XHIPPIMi CMfitral MAJESTIC MAURB^J MAERSK96O6 MAERSK 9606 Port Country 29/05 05/06 Bolizo City Mm 02/07 09/07 BridgMoww BoAodoi 05/07 12/07 ~Carkjg*no Colombia 04/07 11/07 Pn St. lucio 04/07 11/07 Fort d* Franco Martintqua 05/07 12/07 fMport Bahamas 30/06 07/07 aS B»*an Jamaica 02/07 09/07 Pbintoa Rlro
      430 words
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      Page 37 Advertisements Column 2
      1125 37 ADVANCE CONTAINER LINES (PTE) LTD A I z 140 CmcN Straat, #12-00, PR. BuMdtog, Stngapor* *****0 Li TEL: *****21, FAX *****19, TELEX R8 ***** ACLPL CR NO. **********06 MMMOKOK JAKABTA (5 SaHhi|iWMk to MTjttaMiM H MIT. 2 Saltings It ICH) t4Sl»igi/Wl ll| vtssa reTffTS «n BASTION 924 30/05 TSu I
      1,125 words
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      Page 37 Advertisements Column 3
      792 37 |CR NO: *****—0000Z VB—BUS VOV 6M PAMKTT* lEHAME IBMMUBQ TIIAMWUHI ROTTERDAM ANTWERP v&leoegapella tibw avot oa/n imm imm mam Emm mm MLLEOEUBRA LIBW 04/06 17/ M 2BXOB 2MM in a« OVO7 VLLEffAOIXLA A 1 OH 11/06 MAM QQHD7 (W 0007 «Jw NV VBIgQECAHBHA CI WW Wo> I 01/07 08X07 KXP7
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      Page 38 Advertisements Column 1
      1293 38 vessel voy sm jkt vessel voy mn pwi^M r— r— =J= EAQLE TIOE* 189 ~Tu> In Pt ~SM I 01AM B.MASPUA SOSI Tu» lln Pt Thu I 30AM HBE 555 wahabmum mm w«T mi buhoa mas empat tsar Thu *voe m oiam .»Inantabhum 2mh Tu. m w at 01/06 gs—
      1,293 words
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      Page 38 Advertisements Column 2
      574 38 11 PUXTON HILL, SINOAPOKf *****3 C« **********0N SWAITS SHUTTII SHMiCE POKT KLANG PENANG w I m I wr I W If MM* WOT MSM *M>SIW J»» MM W/ttW> 31/BHB aaa **"> MM ~11/«m M/MM 9hm w» mm *o« wW »UWB ga M*sw <VM«» lUM —BJI ACTUS VWM 1 Ma MAS
      574 words
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      Page 38 Advertisements Column 3
      182 38 ■ooiisiaMiauMMi 6APOßE °crniD inmunnnninr 1 TIL 323 1133 FAX: 221 40SJWM J vosa vdt sum sunt mamm MRW IV* Mt Mi rUN/tMBMK MM vh Mi MI mumwra wnMB ivn wt Mi msm/num CHfsuoui ii/N irar it/k mmk/mmk MfUMD IMi Mi Mi MBMWMK 6ULF SUUIM 12/H IMi 12/* MUM/HUM ■EHHI 11/*
      182 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      569 39 7 SINO IXPUII SHIPPING (PTI) LTD. M 1 11 COLLYER QUAY #0«-01 THE ARCADE SINGAPORE *****7. 1 TEL: *****90 (4 LINES) FAX: *****96 TLX: R*****1 BINOEX SINOTtANS SHANGHAI (CONTAINEI $iiYICI) Also occefiting contoinef corgo to: EttSIN ETAHKG ETASHA W/T HKG: Bejco, Chiwon. HUWYW6 9613/9614 02/06 fi/S Fangcheng, Foshan, Fuqing, Fuzhou,
      569 words
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      Page 39 Advertisements Column 2
      647 39 WLAM KS CONTAINER LINES. INC MAC-EBX SPORE: *****22 (24 UMES) Kuci« («D4M« l-lvv J Witt IMMTMMM 8«U:(QB4)31Bm MMUkMBItMn Z22&S2L, 33i?5a853.,«-i SS&Sr 20TH ANNIVERSARY OFFER:-(Lowest-Lowest Rates) PEM/PK SIN HONG KONG 29/05 30/05 mv "WAN HAI 213" V.N034 PORT KELANG 28/05 29/05 mv "BHATRA BHUM" V.6391 YOK/TYO/UKB 01/06 02/06 mv "ALLIGATOR MIRACLE"
      647 words
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      Page 39 Advertisements Column 3
      228 39 ATTRACTIVE FCI7LCL RATES TPS Indian Sub-Continent Ports s MADRAS/BOMBAY/ g CALCUTTA COLOMBO CHITTAGONG NHAVA SHEVA 31 1 pE I WENDER CONTAINER LINE! ENQUIRIES PLS CALL f TELi *****44 S O.K. LINES FULL CONTAINER SERVICE 3 8* PORE/JAKARTA 5 rasa VOY rn m iw TAMBANG VN 7391/7382 KM KM < S'PORE/SURABAYA/SEMARANQ
      228 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      307 40 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 740-6000 WIA. V. I I freight Links express Distripark WHERE YOUR WAREHOUSING I NEEDS ARE SATISFIED Logistics I Here's why we're worth a closer look! Specialist I Proximity to key port facilities and easy access to PIE,
      307 words
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      Page 40 Advertisements Column 2
      360 40 HNE9HB TEAMWORK is when everyone BjfiSMHHB takes responsibility and diligently work towards achieving the main goal. A quality which has been The Total Transportation People The Total V embraced by all at Visa Freight Transportation*; these past ten years. Put your People W1 transportation needs in our hands rj; m
      360 words
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  • SHIPS IN PORT
    • Article
      CONVENTIONAL WHARVES
      668 41 Vwrt Bartfc ArrM PtpBtMi J—» Nil MiMt km* JOI MM zisnnw MMl U JBS HlipHl 270V0200 |m* am jm nowwoo ItJlHZ VM JM MM 27.0VW8 (jut M MM JM 27.0VM0 M1MN MM JM 27.0VM0 rnsm iVM jm impin trjvna Tim J M VH JM MM* M.0V00M fawlM VH
      668 words
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      CONTAINER SCHEDULES
      1382 41 ■ccnvma or expott Fa cowtaineis and La caico ■iiMa|/Miati ftstts SMp W» Etfc/ttr Nrt>i Fw Tt Fw •a m mam ct/bm vnm arm J MM MM H/MN 4 2MW0 WMM 21/ttoo toiwiinr «i mm m 77/1*0 zttwn zr/not 0AM 0/BM IT/KM a 0AM MM 2MMM a 27/ifm amn
      1,382 words
    • Article
      COCKETT BUNKER MARKET REPORT
      786 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
      786 words
    • Article
      GLOBAL HOLIDAY
      335 41 MAT SB Armenia, Azerbaijan: Republic Day. Iran: (TENTATIVE) Martyrdom of Third Imam (Ashura). Pakistan: Ashura (depends on sighting of the moon). Bangladesh: Muharram. ■ATM Croatia: Statehood Day. ■AT SI Malaysia: Buddhist holiday. Singapore: (SIMEX remains open). Vesaky Day. Thailand: wisakha Bucha Day. JUMBI Malaysia: Kino's Birthday. Sri Lankan:
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      112 41 LIGINO-. R Thundorsftxm Tomporotura c A y Shomj Woothor Wind dwttion with tpaod in knots "W" Wov h f Cloudy Sky WWwMSaroMkotod by arrows «Mc* fly «**llwwM Ona M cirdt npraMMi cabn or IgM and variable «Mi J—» Ono half llacho raprasant* 5 knot* L» Om ful flacho r«pr«*ant* 10
      112 words
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  • AIR & LAND TRANSPORT NEWS
    • Article
      Decision soon on 2nd runway for new HK airport
      382 42 Govt has positive attitude to project: head of Hftngfcnng Airport Authority AFP [ZHUHAI, China] A decision on whether Hongkong's controversial new airport should get a second runway is "expected very soon", the head of the Hongkong Airport Authority said. Speaking after
      AFP  -  382 words
    • Article
      Vietnam Airlines to lease 10 Airbuses
      155 42 Bloomberg Business News (TOULOUSE, France] Vietnam Airlines plans to lease 10 Airbus A32os in the next year for its regional fleet, Airbus Industrie said. Airbus will sell the planes to a British Virgin Islands-reg-istered firm called Aerostar Leasing, an Airbus spokesman said. Airbus didn't
      Bloomberg Business News  -  155 words
    • Article, Illustration
      ValuJet investigators to listen to cockpit tape
      275 42 NYT [MIAMI] Investigators hoped to hear the final words spoken by the crew of the doomed ValuJet flight as it nose-dived into the Florida Everglades, killing all 110 aboard. The DC-9's cockpit voice recorder arrived in Washington, DC, for analysis by federal air
      NYT; REUTER  -  275 words
    • Article
      Daimler pays bonuses to managers for loss-making '95
      250 42 German group tarns in 5.7b mark loss, omits dividend NYT [FRANKFURT] Daimler-Benz AG awarded its top managers bonuses for 1995, breaking a tradition of linking the payments to the company's dividend, which was omitted last year for the first time since World
      NYT  -  250 words
    • Article
      Netherlands and China seal aviation pact
      138 42 Reuter [THE HAGUE] The Dutch government has signed an agreement with China which officially formalised aviation links between the two countries. As announced in February, the deal, which ends three years of negotiations, enables Dutch flag carrier KLM to fly twice a week from
      Reuter  -  138 words
    • Article
      European airlines post US$1b profit
      143 42 Reuter [BRUSSELS] West European airlines chalked up combined operating figures showing an estimated US<l billion (SSI.4 billion) profit for 1995, up on recent years but masking starkly different results among the region's carriers. "The big news of 1995 was that the Association of European Airlines
      Reuter  -  143 words
    • Article
      BA to buy Boeing jets worth US$2b: report
      94 42 Reuter [LONDON] British Airways pic (BA) is set to order Boeing Co jumbo jets worth US$2 billion (SS2.B billion), its largest purchase for Ave years, the Sunday Times newspaper said. The deal would provide Rolls-Royce pic with an en-gine-supply deal worth £400
      Reuter  -  94 words
    • Article
      Military aircraft landings at Japan civil airports spark concern
      272 42 NYT ITOKYO] Military aircraft increasingly are making use of civil airports in Japan, sparking concern that ordinary passenger safety is being put at risk. Last year, US military aircraft made 926 takeoffs and landings at 33 civil airports across the nation,
      NYT  -  272 words
    • Article
      Emirates to fly to Australia via S'pore
      109 42 Reuter [SYDNEY] United Arab Emirates' national carrier said yesterday it would begin regular flights between Dubai and Australia via Singapore on June 25. The service would use Boeing 777s and leave Dubai on Tuesdays and Saturdays. A third weekly service would begin on
      Reuter  -  109 words
    • LOG Book
      • Article
        Lufthansa opens Asia's biggest hangar
        65 42 AFP [BEUING] TAifthwn— Airlines opened e joint-venture aircraft maintenance hanger in Bering on Friday, which 7 was billed as Asia's biggsst The USs7l>-mi]lion(Ssoo million) hangar is the size offiveeoocer fields and cen i accommodate the equivalent of ftxxr Boeing 7475, Xinhua said. It will be
        AFP  -  65 words
      • Article
        Taiwan firm to build Indon bike plant
        97 42 AFP {TAIPEI] Kwang Yang Motor Co, a leading motorcycle v manufacturer In Taiwan, will inveet US$OO million (SIM >3 l million) to work with Indonesia's Lippo group in bttfldin#- a plant near Jakarta, the Taiwanese firm said on Sunday. T A joint venture
        AFP  -  97 words
      • Article
        United Air plane catches fire in HK
        86 42 AFP [HONGKONG] An engine of a United Airiinee747Jet caught fire at Hongkong's KaiTsk airport Sunday as the_ plans was preparing for takeoff; a government spokeeman here sakLAburst of flame in the the number four engina wes put out by the aircraft's internal extinguishers
        AFP  -  86 words
      • Article
        ANA plans to launch new services
        98 42 AFP [TOKYO] AD Nippon Airways Co Ltd (ANA) sakl last weekit had applied to Japan's transport ministry to launch services from Osaka to Yangon, Frankfurt and Milan while also expanding its services betwaen Osaka and Rome. ANA said it plannsd to launch a twice
        AFP  -  98 words
    • Article
      Russia to modernise 3 Moscow airports
      193 42 Reuter [MOSCOW] Russia plans to launch a programme to modernise Moscow's three civil airports. Transport Minister Nikolai Tsakh said last week: "They need modernisation because they do not meet international standards or guarantee safety for passengers." In an opening address to the Airports 96
      Reuter  -  193 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1188 42 aw matt eta man no nwo mam trzo amimm cow zas o—> sw? zap AMaMt S0230 1830 W» fimrtii MU5W7 1720 CZ354 0925 1 Haaoi VW745 1300 VW744 MOO AmtffiM mm 9m 6A892 0030 VK741 1310 VH740 U10 KL837 1445 KLA44 0040 MM ***** 2105 T6408
      1,188 words