The Business Times, 29 April 1993

Microfilm: NL18521
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times WE KNOW ASIA MITA (P) 552/12/92 Thursday April 29 1993 75«
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  • 2am LATEST
    • Article
      Lock icon Call to deregulate EC phone service
      64 1 Reuter BRUSSELS The European Commission yesterday called for total deregulation of the telephone service in the European Community by 1998 and asked EC telecommunications ministers to endorse that goal on May 10. National monopolies were not suited to the needs of a single Community
      Reuter  -  64 words
    • Article
      Lock icon France admits spying on US firms
      70 1 Reuter PARIS France acknowledged yesterday that it had spied on American firms but said its intelligence operations were a thing of the past and were well understood by Washington. The daily Liberation quoted the spokesman for the French aeronautics and space industry association as
      Reuter  -  70 words
  • Article, Illustration
    MARKET SUMMARY
    111 1 Stack market indices Wednesday Change STII 1,779.92 -6.71 KLSE Composite 695.43 2.86 Nikkei 20,454.57 +247.86 Hang Seng. 6.894.90 +58.02 SET Index 856.85 -13.13 Jakarta Composite ...312.19 +0.93 CLSA China B. 1.287.52 -0.75 Aust All Ord 1,703.5 -1.2 FTSE 100 2.797.3 -35.4 Wednesday Pre*io«s I pm close Dow Jones
    111 words
  • Article
    Amoco plans US$ 2b network of petrochem plants in Asia
    560 1  -  By Genevieve Cua SINGAPORE US-based oil major Amoco is planning a US$2 billion (553.23 billion) network of plants to produce purified terephthalic acid (PTA) in East and Southeast Asia over the next five years. The president of Amoco Chemicals Far
    560 words
  • Article, Illustration
    China-Taiwan talks extended to settle issue of investment protection
    448 1  -  By Schutz Lee SINGAPORE Representatives from China and Taiwan agreed yesterday to extend their historic two-day meeting by a day to accommodate a compromise over more protection for Taiwanese investments in China. The meeting was to have ended yesterday but will
    448 words
  • Article
    Singapore's JC-MPH retrenches 100 workers in major revamp
    373 1  -  By Chuang Peck Ming SINGAPORE Listed company Jack Chia-MPH is axing about 100 workers in its consumer division as part of a major revamp. It is understood that talks are now going on between Jack Chia Industries, the group's affected unit, and
    373 words
  • Article
    Singapore stock market sheds 6.7 points
    132 1 SINGAPORE Share priccs fell in Singapore yesterday as the market took a breather after reaching a new peak on Monday. In cautious trading, the Straits Times Industrials Index shed 6.71 points to finish at 1,779.92, com pared with Tuesday's close of 1,786.63. A total
    132 words
  • Article, Illustration
    Causeway calls off deal with Oei Hong Leong's HK firm
    484 1  -  By Amy Balan SINGAPORE Listed industrial gas supplier Causeway Investment Ltd has called ofT a share swap deal which would have made Hongkong-listed China Strategic Investment its largest shareholder. The share swap, announced barely two weeks ago. was seen as
    484 words
  • Article
    Lock icon North Korean troops killed Chinese in border shoot-out, says report
    312 1 Bloomberg Business News AFP TOKYO North Korean soldiers fired on Chinese soldiers and killed several people, The Washington Post said in its Wednesday edition. The military clash was touched off by China's attempts to pressure Pyongyang to reverse its decision
    Bloomberg Business News; AFP  -  312 words
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      101 1 ifm Burberrys; m>*> fr- H, Reigns when it pours CONTENTS Nam Companies Spore News 2 S'pore-Msa .9.10 feporal News 3.4,6 Fmancial 13 World News 8 Features Markets Analysis 25 Ctob/KLSt. SES 17.18 Editorial 24 fefonal 15 Sports 19 World 15 IV/litetyte 21 Currenaes 13 Regional Focus 7 Smex/Commo 14 Subscription
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      7 1 Law Page Manual which backfired Pg 23
      7 words
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      10 1 Hock Lock Siew Aokam: Analysts' reputations at stake Pg 9
      10 words
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      35 1 The Bottom LirmJ r C \qT Vtil Maastricht: Mmifiewithin UK pwtie jjMck Pg Exxon plans world-class complex in Singapore, Pg 2 Taipei airlines to discuss air service with China, Pg 4 Full report, Pg 18
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      125 1 A RODENSTOCK ■rr- ■*i- >* f '^r^R|HH^H 111" > A ySfl "^w FL'Sr 7 if^^| V<l 4IT V. Wi'nlßf 1 V,! MZ 1 i u Mi SOLE AGENT: Moftox Marketing Me Ud Tel 734 9696 Fax: 737 M 92 Boutique* Centrepolnt #01-30 Tel 737 4509 Paragon By Sogo #01 -19
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Electronics sector still in the pink
        306 2  -  By Anna Teo THE OUTLOOK tor the electronics industry still looks good, going by indicators derived from the Economic Development Board's business expectations survey of the manufacturing sector. The seasonally adjusted series for new orders and business conditions for the first half of the
        Source: EDB  -  306 words
    • Article, Illustration
      Exxon starts work on $lb aromatics plant
      573 2  -  Company also aims to build world-class chemical complex in S'pore By Genevieve Cua OIL GIANT Exxon has set its sights on building a worldclass chemical complex in Singapore, with possible investments in olefins and polyolefins in the long term. Exxon Chemical Asia managing
      573 words
    • Article
      Judge orders joint trial in OSA case
      423 2 THE District Court yesterday ordered a joint trial of four men accused of breaching the Official Secrets Act. The court also rejected a call by defence lawyers for the prosecution to supply more details of the charges against the four. Senior District Judge
      423 words
    • Article, Illustration
      Quality of govt outweighs political system: Prof Koh
      322 2  -  First Asean Institute Forum By William Chia ECONOMIC success depended more on the quality of government than on a country's political system, Singapore's ambassador-at-large. Professor Tommy Koh, said yesterday. Speaking at the first Asean Institute Forum, Prof Koh said he did not
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    • Article
      Need space for a car showroom?
      180 2 THE Housing and Development Board is inviting separate tenders for three land parcels in (Jbi Industrial Estate to be leased as car showrooms. The sites, ranging from 3,250 to 3,500 sq m each, are located in Übi Road 4. Tenderers who clinch adjoining parcels
      180 words
    • Article
      Singapore and China sign medical agreement
      117 2 SINGAPORE and China yesterday signed a pact covering the exchange of medical stafT and research information. Signing for Singapore was Health Minister Yeo Cheow Tong. Signing for China was Public Health Minister Chen Minzhang. Mr Yeo said Singapore could learn from China different techniques
      117 words
    • Article
      View Korean, Taiwanese, HK tourists differently, hoteliers told
      265 2 HOTELIERS should change their perception of Korean, Hongkong and Taiwanese tour groups, an industry executive said yesterday. John Campbell, executive vice-president of Hotel Properties Ltd, told a forum that some hoteliers did not want these groups because "they are thought to be
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    • SINGAPORE ROUNDUP
      • Article
        Aiwa S'pore awarded ISO 9001
        48 2 AIWA SINGAPORE has become the first home electronics firm in the Republic to be awarded ISO 9001 certification. It obtained certification for its three factories in a single assessment. The ISO 9000 series of standards is an internationally accepted hallmark of quality management.
        48 words
      • Article
        Second GST dialogue session
        56 2 MORE THAN 30 trade unionists, grassroots leaders and professionals attended the Feedback Unit's second dialogue session on the Goods and Services Tax yesterday. Issues raised included the impact of the tax on retirees and disabled people. Participants were also concerned that tax would force companies to
        56 words
      • Article
        Quality does not cost more
        74 2 MAINTAINING QUALITY in the face of rising costs was a big challenge. Senior Minister of State for Trade and Industry Lim Boon Heng said yesterday. Speaking at the launch of a qualityassessor training course, he said it was a common misconception that high quality cost
        74 words
      • Article
        Investing in village enterprises
        83 2 CHINA'S township and village enterprises (TVEs) were a good investment avenue for Singapore's small businessmen, a Chinese embassy official said yesterday. "If you want to go into a joint venture and you need land or factories, it's better to go to the TVEs," said commercial counsellor
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      121 2 Valentino W I If I Wanted Just Any Recorder^ I'd Have Gotten A Parrot mm Hut [Vi haps uliat makes the I sei ies n ul\ ilesiiable is that a hilc Pearlcorder L4OO un[ statements. \on re i|uictl\ it r- anil OIVMPUS 1 j olvmpU^T^B|* ()l\mpus larclK .nt i< >n,il.
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  • THE REGION
    • Article
      Thailand, Malaysia and Indonesia starting to face labour shortage
      467 3  -  Problem especially acute for highly-skilled jobs: ILO By Chuang Peck Ming SINGAPORE The fastgrowing economies of Thaiand, Malaysia and Indonesia ire feeling the onset of labour pains, says the International Labour Organisation. Like the Asian dragons they are trying to catch
      467 words
    • Article
      Lock icon Jakarta urged to act quickly to boost economy
      389 3 Reuter JAKARTA The government must act quickly to prevent Indonesia's business climate from slipping back into the doldrums, say economists. "The situation is critical. The government should quickly launch reforms to improve economic activity," said Anwar Nasution, lecturer at the faculty of
      Reuter  -  389 words
    • Article
      Lock icon Rising yen dashing KL's hopes of cutting foreign debt
      434 3 Reuter KUALA LUMPUR The sharp appreciation of the yen may cheer up the US but is bad news for developing countries such as Malaysia which will have to pay more for their imports from Japan. "If the yen keeps rising like
      Reuter  -  434 words
    • Article, Illustration
      Lock icon Hard labour
      47 3 Reuter PHNOM PENH Working ewler stiflingly hot and dirty conditions, women and child labourers move sacks of Thai-made cement at a warehouse on Tuesday. Cambodian women, who make up about 60 per cent of the population, are a key element of the country's workforce. Renter
      Reuter  -  47 words
    • Article
      Lock icon Victory for claimant to Kelantan throne could spell trouble for rulers
      384 3 AFP KUALA LUMPUR Most of Malaysia's nine hereditary rulers could end up in court fighting claims to their thrones if an enterprising prince wins his challenge to the crown of a dissident sultan, analysts said yesterday. Ibrahim Petra, a
      AFP  -  384 words
    • ASIA NOTES
      • Article
        Lock icon Khmer Rouge absolved of murder
        71 4 Reuter PHNOM PENH United Nations investigators have absolved the Khmer Rouge of the murder of a Japanese UN volunteer and his Cambodian interpreter, the UN spokesman in Cambodia said yesterday. The investigation determined that an unknown assailant was most probably acting for reasons of revenge.
        Reuter  -  71 words
      • Article, Illustration
        Lock icon Cyclists provide ambulance service
        22 4 Reuter HANOI Two Vietnamese cyclists giving a sick man a lift to a nearby hospital on Tuesday. Reuter
        Reuter  -  22 words
      • Article
        Lock icon Asean to urge ILO to be more flexible
        51 4 AFP KUALA LUMPUR Asean will pressure the International Labour Organisation to allow Asean countries to be more flexible in implementing ILO conventions, a Malaysian minister said yesterday. The conventions provide safeguards for tne protection of workers' rights, including unionisation and safety requirements.
        AFP  -  51 words
      • Article
        Lock icon Asean, US to meet on regional security
        80 4 AP KUALA LUMPUR The six Asean nations will meet in Singapore on May 20 and 21 to discuss regional security issues, an official said yesterday. Asean hopes to gauge Washington s stand on regional security at the meeting as worries grow about a
        AP  -  80 words
      • Article
        Lock icon Jakarta to pull troops out of Timor
        64 4 Reuter JAKARTA Indonesia will end its special military command in East Timor this week and pull out its troops, a senior military official said yesterday. Brigadier General Sulastin, East Indonesian military chief of staff, was quoted by the Jawa Pos daily as saying
        Reuter  -  64 words
    • Article
      Lock icon China orders halt to provincial and municipal bond issues
      295 4 AFP BEIJING The Chinese government, faced with a burgeoning budget deficit and a shrinking pool of buyers for its own Treasury bonds, has ordered an immediate halt to provincial and municipal bond issues. "The government sent out a memorandum to ensure
      AFP  -  295 words
    • Article
      Lock icon Taiwan's airlines to discuss direct air service with China
      536 4 But Taiwan govt dismisses Beijing proposal for talks on transportation links AFP TAIPEI A business delegation comprising Taiwan's flag carrier China Airlines and private airlines are to attend a meeting in China to discuss plans should direct air service between the
      AFP  -  536 words
    • Article, Illustration
      Lock icon Soldiers' flight of imagination
      35 4 Reuter WEIFANG, China People's Liberation Army soldiers trying to fly here on Tuesday. Weifang, in Shandong province, is sometimes called the kiting metropolis became of its annual international kite festival. Renter
      Reuter  -  35 words
    • Article
      Lock icon China seen replacing Japan as third largest market for Taiwan goods
      346 4 Reuter TAIPEI China is catching up with Japan as a major market for Taiwan, thanks to the mainland's booming economy and growing ties across the straits, Taipei officials and busr inessmen said yesterday. The Board of Foreign Trade (BOFT)
      Reuter  -  346 words
    • Article
      Lock icon Taipei firms take soft approach to Japan
      351 4 Reuter TOKYO While the United States bangs its fists and loudly demands entry into the Japanese market, Taiwan is approaching its neighbour with a soft voice and good manners, relying on patience and persuasion. A major promotion in Tokyo recently stressed not what
      Reuter  -  351 words
    • Article
      Lock icon South Korea to step up high-tech alliance with US
      375 4 AP SEOUL South Korea will step up a strategic alliance with US high-tech industries to boost the competitiveness of its products, a senior trade official said yesterday. The proposed collaboration is seen as the Seoul government's attempt to reduce its heavy
      AP  -  375 words
    • Article
      Lock icon Investigation into S Korean military promotion scandal widens
      381 4 AFP SEOUL South Korea's probe into a military promotion scandal widened yesterday as authorities arrested five senior navy and Marine Corps officers and were seeking to arrest a former air force chief, officials and press reports said. Military prosecutors arrested Marine Maj-Gen
      AFP  -  381 words
    • Article
      Indicators show Japanese recession may have bottomed out
      616 6  -  From Anthony Rowley in TOKYO K.EY indicators are signalling that Japan's economic recession has bottomed out and that the combined impact of fiscal and monetary stimulus could re-ignite inflationary pressures before long. The latest signal of a positive trend in the economy
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    • Article
      Lock icon Bangkok agrees to protect Aussie copyrights
      109 6 AFP SYDNEY Australia has reached agreement with Thailaad to halt the piracy of Australian songs, books and computer software. Trade Minister Peter Cook said yesterday. Mr Cook, currently touring Asia on tnuie matters, said the bilateral agreement would make it easier for Australian patent,
      AFP  -  109 words
    • Article
      Lock icon Miyazawa likely to get support in Australia over row with US
      391 6 Reuter SYDNEY Japanese Prime Minister Kiichi Miyazawa begins a two-day visit to Australia today, and is likely to find sympathetic support for his skirmish with the US over managed trade. Australian Premier Paul Keating has said Mr Miyazawa's visit,
      Reuter  -  391 words
    • Article
      Lock icon Support for Miyazawa govt still low
      310 6 NYT TOKYO The support rate for the administration of Prime Minister Kiichi Miyazawa is still less than 30 per cent, according to a nationwide poll conducted by the Asahi Shimbun, a nationally circulated daily newspaper. Still, that support rate is better than the support
      NYT  -  310 words
    • Article, Illustration
      Lock icon Cairns Group should meet over Gatt: Cook
      271 6 AFP JAKARTA Visiting Australian Trade Minister Peter Cook yesterday said there was a need for the Cairns Group to meet to help bring the drawn-out Uruguay Round of trade negotiations to a successful conclusion. Mr Cook said that after consultations with several countries
      AFP; Reuter  -  271 words
    • Article
      Lock icon Inflation on the rise again in Australia
      488 6 AFP SYDNEY Australia's inflation rate, having hit a 30-year low last year, appears on the rise again after the Marchquarter consumer price index inched 0.9 per cent higher from a year earlier, the Bureau of Statistics said yesterday. It said the index rise
      AFP  -  488 words
    • Article
      Lock icon Aussie wool farmers get A$ 50m rescue package
      288 6 AFP SYDNEY The Australian government announced yesterday a Asso million (5558.18 million) rescue package to help the farming sector cope with a prolonged drought and a wool market collapse. Primary Industries Minister Simon Crean made the announcement in a statement. The rescue
      AFP  -  288 words
    • Article, Illustration
      Lock icon Bangladeshi opposition to launch anti-govt campaign
      336 6 AFP DHAKA Major Bangladeshi opposition political parties, including main opposition party Sheikh Hasina Wajed's Awami League, were to launch a joint anti-government campaign yesterday, sources said. Political sources said the decision was taken after two days of talks among opposition groups, marking the first
      AFP  -  336 words
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      152 3 Wl I' iHlrrf >■ —»iiMa 1 i' 1 n" 1 *S^^->= i, §6S*-iek Alloy wheels ate standard only on 3.0 L range. The lastest symbol of success; a HHH| I m BHHK 1 f J PEUGEOT J declaration of individuality and JftmH W S good taste. For the individual who
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      85 4 t I. This announcement appears as a matter of record only China TVust Investment Corporation for Economic Development U5520,000,000 Syndicated Loan Facility Arranger JjSqfc. Morrrt oei tutsan n sjln* ©MPS BANK ESTABLISHED 1472 Monte dei Paschi di Siena, Singapore Branch Co-Lead Managers Monte dci Paschi di Siena, Singapore Branch Tat
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      316 4 g 2 Integrated THy Engineering I Ltd imcorpcraid itxßacuOK S<ngaoor« I NOTICE OF EXTRAORDINARY GENERAL MEETING H NOTICE IS HEREBY GIVEN THAT an Extraordinary M General Meeting of tie Company wM be held at the Board Room of Keppel Corporation Limitad at 325 Telok Blangah H Road, Singapore 0409 on
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      35 5 J&f t0 fl «M *31 'fliMr>\ W. r "^iagp I The 6000 series. 18 karat solid E^p||| fl > ~*£^B gold and fine brushed steel. I I Exclusive bracelet design. iji** *TIF jiji. v I v*nßßk
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      301 6 Austria Style '94 Singapore May 24th 25th, 1993 2.00 p.m.-6.30 p.m. ANA Hotel Singapore For the fourteenth consecutive year, leading designers and manufacturers from Austria will present the latest fashion moterialsand accessories to buyers and agents in South East Asia Please indicate the companies you ore interested in merting and
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  • REGIONAL FOCUS
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      96 7 7720 ha situated 35km West of Goondiwindi in New South Wales on the Queensland border. Approx 1962 ha, of developed irrigation fields with a I Okm frontage to the Macintyre River. Currently under share forming agreement on generous terms to the owner with annual average returns in excess of 1.2
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      584 7 k Y TWith the UOB Group's L| J1 I|H United Asia Fund, JL JL you can also profit from the success of Asia's fastest 1 A |^T| l I 4 growing companies. I I I Now you too can take part in the booming JL Asian markets. Because by placing
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon US chamber lists trade offenders
        65 8 Reuter WASHINGTON The US Chamber of Commerce has listed 16 countries as trade offenders and has urged tough American government action to protect intellectual property rights. At the top of the list are Argentina, India, China, Turkey, Brazil, Italy, Taiwan, Hungary, Poland and Thailand. On
        Reuter  -  65 words
      • Article
        Lock icon French minister sees year of recession
        75 8 Reuter PARIS French Economy Minister Edmond Alphandery has said 1993 is virtually assured of being a year of recession for the country's economy, according to a Senate committee. The Senate Finance Committee said in a statement that Mr Alphandery, who addressed the panel on
        Reuter  -  75 words
      • Article, Illustration
        Lock icon Fit for a king
        47 8 Reuter WARREN, Michigan King Juan Carlos of Spain (right) and General Motors Electric Vehicle Division manager Ken Baker getting into the GM Impact electric vehicle for a test drive on Tuesday. King Carlos is on a week-long trip to the United States. Reuter
        Reuter  -  47 words
      • Article
        Lock icon US to seek Iraqi war crimes probe
        103 8 AP WASHINGTON The US plans to ask the United Nations Security Council to set up a commission to investigate Iraqi war crimes and genocide under President Saddam Hussein, the State Department said on Tuesday. Secretary of State Warren Christopher also assured a group
        AP  -  103 words
      • Article
        Lock icon English as foreign tongue in US
        97 8 NYT WASHINGTON The number of US residents for whom English is a foreign tongue jumped by more than a third to 31.8 million in the 1980s, due largely to a wave of immigration from Latin America, Asia and Europe, according to a Census Bureau
        NYT  -  97 words
      • Article
        Lock icon EC approves anti-dumping duties
        53 8 Reuter LUXEMBOURG European Community ministers have approved plans to impose definitive anti-dumping duties on certain imports of Japanese electronic weighing machines. A statement from Tuesday's meeting of farm ministers said they adopted a regulation imposing a 31.6 per cent duty on the imports following complaints from
        Reuter  -  53 words
      • Article
        Lock icon IMF happy with progress in Poland
        84 8 Reuter WASHINGTON International Monetary Fund managing director Michel Camdessus says the IMF is happy to see that Poland's authorities have adopted sound economic programmes. Referring to Poland, which is negotiating a debt reduction plan with bank creditors, he said: "We are satisfied to see
        Reuter  -  84 words
    • Article
      Lock icon UK govt lacks coherent strategy, say economists
      367 8 Reuter LONDON A large majority of economists polled in London's financial district believe the ruling Conservatives lack a coherent macro-economic strategy. In a Reuter poll of 20 top economists at leading financial institutions, this was the view of 70 per cent. Seventy-five per
      Reuter  -  367 words
    • Article
      Lock icon Yeltsin pushes ahead with pro-Western foreign policy and constitutional changes
      516 8 AP Reuters MOSCOW Bolstered by a nationwide vote of confidence, Russian President Boris Yeltsin revived his pro-Western foreign policy on Tuesday and top aides began pushing for a new Constitution to strengthen the presidency. The first official results of Sunday's
      AP; Reuters  -  516 words
    • Article
      Lock icon New Italian prime minister to announce his govt line-up today
      383 8 Reuter ROME Italian prime minis-ter-designate Carlo Azeglio Ciampi has succeeded in forming a government and would t announce it in the next 24 hours. Senate Speaker Giovan- ni Spadolini said yesterday. "The government is formed," Mr Spadolini, a former Republican
      Reuter  -  383 words
    • Article
      Lock icon EC, US officials to meet over farm problems next week
      514 8 Discussion aimed at reviving world trade talks AFP LUXEMBOURG The top US and European Community agriculture officials will meet next week to discuss an embattled trans-Atlantic farm deal aimed at reviving the flagging world trade talks. EC Farm Commissioner Rene
      AFP  -  514 words
    • Article, Illustration
      Lock icon A different view
      53 8 Reuter WASHINGTON US President Bill Clinton tossing a basketball presented to him by members of the two NCAA champions the University of North Carolina men's team and the Texas Tech women's team on Tuesday. The two teams visited Mr Clinton and presented him with team jerseys and
      Reuter  -  53 words
    • Article
      Lock icon White House moves to soften impact of Panetta's words
      596 8 AFP WASHINGTON The White House attempted on Tuesday to soften the impact of comments by Budget director Leon Panetta but did not challenge his assertion that President Bill Clinton's economic agenda is in trouble. Mr Panetta, in comments published on Tuesday,
      AFP  -  596 words
    • Article
      Lock icon Anti-dumping probes by member countries rise sharply, says Gatt
      272 8 Reuter GENEVA Investigations carried out by Gatt member countries into suspected dumping by other states of cheaper goods have increased dramatically, the General Agreement on Tariffs and Trade said. "Anti-dumping action is probably the most widely-used trade policy instrument at the
      Reuter  -  272 words
    • Article
      Lock icon Clinton refuses to postpone unveiling of health reform plan
      422 8 NYT WASHINGTON Rejecting the urgent pleas of top economic advisers, US President Bill Clinton sided with his wife and his health-care team on Tuesday and insisted that he would not postpone the presentation of his health reform programme next month. Even
      NYT  -  422 words
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  • COMPANIES & MARKETS
    • Article
      San Miguel pips SIA for first place
      774 9  -  Asia's most admired companies By Joyce Quek SINGAPORE Singapore Airlines (SIA) has been bumped from its perch as Asia's most admired company by San Miguel, the Philippines food and beverage conglomerate, according to Hong-kong-based Asian Business magazine's second annual survey covering 250 firms
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    • Article
      Lock icon Analysts see better outlook for SIA this year
      441 9 Reuter SINGAPORE Singapore Airlines Ltd (SIA), one of the world's most robust carriers, is likely to post lower earnings for the financial year just ended but analysts are chirpy about prospects for this year. Even with lower year-on-year earnings in the year
      Reuter  -  441 words
    • Article
      San Miguel on an aggressive expansion trail
      367 9  -  From Al Labita in MANILA PHILIPPINE food and beverage giant San Miguel Corp is aggressively expanding in the Asia-Pacific. The latest target is Vietnam, where a joint-venture brewery is in the works. The plant, part of San Miguel's growing network of offshore breweries,
      367 words
    • Article, Illustration
      Maverick valuation of Aokam, if proven right, could dent analysts' reputations
      862 9  -  HOCK LOCK SIEW By Agnes Chen SINGAPORE Money does grow on trees at least in the eyes of investors who have been chasing the shares of Aokam Perdana from M 51.70Msl.Bo back in January 1992 to M$ 14.20 last
      862 words
    • Article, Illustration
      Planet Hollywood to open in S'pore next year
      226 9  -  From Catherine Ong in HONGKONG PLANET HOLLYWOOD, the chic American restaurant chain that trades on a movie connection, will open in Singapore next year under a venture involving hotelier Ong Beng Seng and stars Arnold Schwarzenegger. Bruce Willis and Sylvester Stallone. The
      226 words
    • Article
      Central Depository opens office at The Quadrant
      155 9 SINGAPORE The Central Depository (Pte) Ltd has opened an office at The Quadrant, a new office block at Cecil Street. Its move followed that of the Stock Exchange of Singapore, which announced in February that it was shifting to The Quadrant, which is
      155 words
    • Article, Illustration
      SUMMARY
      322 9 Performance of STII's index stocks Apr 28 Last Srase Mi Slock sale Chac bcWBsnn (S) Avimo 2.250 -0.050 1.77 10.42 C&C 7.350 -0.150 5.77 31.25 Ccrchos 5 200 0 100 4 08 -20.83 KAN 12.400 0.100 9.74 -20.83 GF Asia 3.260 -0.040 2.5* 8.33 Gen Mag 1500 0.020 1.18
      322 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          S'pore Aerospace bags US$ 8m deal
          61 10 SINGAPORE Singapore Aerospace yesterday said it has clinched a US$B million (5512.9 million) military contract to supply spares and overhaul the engines and other components of a type of transport aircraft. The government-owned Singapore Technologies' subsidiary did not disclose the client s identity but
          61 words
        • Article
          KIF arm clinches marketing agency
          51 10 SINGAPORE Keppel integrated Engineering's trading arm. Sea Scan International Pte Ltd, has clinched the marketing agency for Inax toilet equipment in Singapore. Sea Scan chairman Tong Chong Heong yesterday said the agency will sharpen the company's edge in supplying such equipment to the local construction
          51 words
        • Article
          Rothmans director to retire on May 31
          60 10 SINGAPORE Rothmans Industries Ltd director Robert Boltman will retire on May 31. Mr Boltman, who is also the managing director of the group's subsidiary, Rothmans of Pall Mall (S) Pte Ltd, will be replaced by Graham Bell, said the group. Mr Bell, 38,
          60 words
        • Article
          QAF appoints new director
          50 10 SINGAPORE Food group QAF Ltd has appointed Wang Ya Ke from China Everbright International Trust Investment Corporation as a director. The appointment took effect yesterday. China Everbright International was one of the merchant banks which underwrote a 10 billion yuan (SS2.B billion) bond issue in 1991.
          50 words
      • Article
        Walden starting funds worth US$ 100m to invest in four countries
        412 10  -  By Quak Hiang Whai SINGAPORE Walden Group, a US-based venture capital firm, is setting up four funds worth a total of about US$lOO million (Ssl62 million) to invest in China, Indonesia, Israel and the Philippines. The four funds, which
        412 words
      • Article
        Lock icon Berjaya Group to take 30pc stake in China joint venture
        387 10 Bernama KUALA LUMPUR Berjaya Group Bhd has proposed to take a 30 per cent stake in Beijaya (Tianjin) Development Co Ltd, a joint-venture company recently established in China. It will subscribe for 1.5 million new shares at par value of
        Bernama  -  387 words
      • Article
        Lock icon SIG Holdings in tie-up to print lottery tickets in China
        297 10 Bernama KUALA LUMPUR SIG Holdings Bhd has entered into a tripartite joint-venture to undertake high-technology security printing operations in China, mainly to produce instant scratch lottery tickets for the Chinese and international markets. SIG Holdings announced in a statement here
        Bernama  -  297 words
      • Article
        PSC unit in tie-up with Xiamen firm
        98 10 SINGAPORE Provisions Suppliers Corporation announced yesterday its subsidiary, Tipex Trading Pie Ltd, has set up a Joint venture with a Xiamen company to produce display shelving for supermarkets and shopping centres. Under the agreement signed yesterday, Tipex Trading and its joint-venture partner, Xiamen
        98 words
      • Article, Illustration
        CCL to build $19.5 m showroom and service centre
        214 10 SINGAPORE Cycle Carriage Ltd will build a new $19.5 million showroom and service centre (above) at Eunos Link to cater to all makes of cars distributed by the company. CCL currently represents Mercedes-Benz, Mitsubishi and Proton in Singapore. Work on the
        214 words
      • Article
        Lock icon Genting in Malacca development project
        141 10 Bernama KUALA LUMPUR The Genting Bhd Group will be involved in a M$ 150 million (5594.5 million) mixed development project in Cheng, Malacca, Permata Merchant Bank Bhd announced yesterday. Asiatic Land Development Sdn Bhd, a wholly-owned subsidiary of Asiatic Development Bhd, has entered into a
        Bernama  -  141 words
      • Article
        Lock icon Emas Index has become vital gauge of overall KL market
        549 10 MARKET WATCH Bernama KUALA LUMPUR The Emas Index may not have replaced the established Composite Index as the key market barometer but it has evolved into an important gauge of the Kuala Lumpur Stock Exchange. When introducing the index, KLSE
        Bernama  -  549 words
      • Article
        UNIT TRUSTS & FUNDS
        444 10 UNIT TRUSTS FUNDS Kaeegen' prtcaa Apr 29 PlKdMltlM Unit Tmt PniLink Myl Fund 1.10 115 The Commerce 1.34 1.41 MARA~BWMplftrl The Saving} Fund 1.17 1-23 First B putra 1.75 180 S pore Pro* Fund 0 55 0 58 Sexxmd Bputra I 73 I 78 POrc C LL n£ Th.rd Bputra
        444 words
      • Article
        Untitled
        1622 10 Payment Ex Books Pay date dose date Acma F 7.S Jun 10 Jun 22 Jul 5 Amiek Eng 20* I 6TE Apr 15 Apr 21 Apr 30 j Apollo F 2.5 Jun 21 Jun 25 Jul IS Boustead 50* I 7.5 Apr 22 May 7 Jun 4 B Raya F
        1,622 words
      • Article
        Lock icon US lifts ban on institutions buying Chinese shares
        426 11 Reuter HONGKONG America's securities watchdog has effectively lifted a ban on US institutions investing in Chinese shares, but news which once would have sent investors into a frenzy left the market cold yesterday. In a letter on Monday, the Securities and Exchange
        Reuter  -  426 words
      • Article
        Lock icon Asia Securities reviewing inspector's draft report
        244 11 Reuter HONGKONG Asia Securities International Ltd said it is reviewing extracts of a draft report by the inspector appointed by the Financial Secretary to investigate past matters of the group. Shares of the property and investment holding group were suspended yesterday from trading shortly
        Reuter  -  244 words
      • Article, Illustration
        Lock icon To strike or not to strike
        52 11 Reuter BERLIN Officials of Germany's metalworkers union during the count of votes of the lust day's strike ballots the results of which were to be officially announced yesterday. It fe expected that the necessary 75 per cent votes for calling a stnke will be
        Reuter  -  52 words
      • Article
        Lock icon Tata Steel plans US$ 833 million upgrading
        232 11 AFP NEW DELHI India's largest private steel firm, the Tata Iron and Steel Co, is planning to boost its profits and increase production to 2.7 million tonnes by 1994-95, according to managing director Jamshed Irani. Mr Irani said a US$B33 million (SSI.3 billion)
        AFP  -  232 words
      • COMPANY BRIEFS
        • Article
          Lock icon Pepsico profits up llpc in first quarter
          83 11 AFP NEW YORK Pepsico Inc reported an 11 per cent rise in first-quarter profit on Tuesday, reflecting double-digit profit growth in each of its divisions soft drinks, snack foods and fast-food restaurants. Earnings were U*****.4 million (SS42O million), or 32 cents a share,
          AFP  -  83 words
        • Article
          Lock icon SCMP men on Bangkok Post board
          77 11 AFP BANGKOK Two directors representing the Hongkongbased South China Morning Post (SCMP) have joined the 15-member board of the Bangkok Post, the English-language newspaper announced here on Wednesday. The SCMP is majority owned by media magnate Rupert Murdoch. SCMP chairman Ken Cowley and vice-chairman
          AFP  -  77 words
        • Article
          Lock icon Firms win Thai phone contract
          68 11 Knight-Ridder BANGKOK France's Alcatel and a joint venture of Japanese firms Sumitomo and NEC have won contracts to supply switching and transmission equipment respectively for 250,000 Thai telephone lines. France Telecom unit Sofrecom will supply a 1.5-billion-baht (Ss96 million) customer service computer system for the
          Knight-Ridder  -  68 words
        • Article
          Lock icon Diversification pays off for Wong's
          71 11 Bloomberg Business News HONGKONG Electronics manufacturer Wong's International Holdings said in a written statement that its net profit for the year ended Dec 31, 1992, rose 29.6 per cent as a result of the company's diversification. The company said its net profit after taxes and
          Bloomberg Business News  -  71 words
        • Article
          Lock icon Hoechst quarterly profit down 28pc
          60 11 Reuter FRANKFURT Germany's worsening recession cut sharply into Hoechst AG's first-quarter pre-tax profit by 27.9 per cent to 436 million marks (*****.7 million) from 605 million marks ($384 million) a year earlier. But share analysts, who had expected a first-quarter profit of 400 million marks
          Reuter  -  60 words
      • Article
        Lock icon Capital House meets US$50m target for Taiwan investment
        255 11 Bloomberg Business News TAIPEI Capital House Investment Management (Asia) Ltd brought all of an approved US$5O million (SSBO.B million) into Taiwan for stock investment before a six-month deadline passed yesterday, the Securities and Exchange Commission said. The Hongkong company was the only
        Bloomberg Business News  -  255 words
    • FINANCE & COMMODITIES
      • Article
        Viet partner may buy Bank Summa's stake in Indovina
        438 13  -  By Harish Mehta SINGAPORE PT Bank Summa, which has been liquidated on the Indonesian government's orders, is having problems selling its stake in its joint-venture bank in Vietnam because Indonesian suitors are turned off by its asking price. But its Vietnamese
        438 words
      • Article, Illustration
        Lock icon Inflation data fuels trading
        52 13 Reuter SYDNEY Traders signalling during brisk trading in the three-year Sydney Futures Exchange after the Consumer Price Index figure was Tbe figure, within forecasts, rose 0.9 per cent for the March quarter, lifting the flmniai numuoo rate to 1.2 per cent in the 12 months to
        Reuter  -  52 words
      • Article
        Japanese firm raising 5b yen through bonds
        179 13  -  By Quak Hiang Whai SINGAPORE Japanese duplicating machine maker Riso Kagaku Corporation will raise 5 billion yen (5574.9 million) through a convertible bond issue. Lead manager Nomura Singapore, which launched the issue yesterday, hopes to get the bonds listed on the Stock Exchange
        179 words
      • SMALL CHANGE
        • Article
          Lock icon Swedish bank's credit losses fall
          78 13 Reuter STOCKHOLM Swedish commercial bank Svenska Handelsbanken said its credit losses fell by about 10 per cent in the first quarter of 1993 to 1.8 billion crowns. The bank's result before credit losses would increase by almost 30 per cent to nearly 2.2 billion crowns
          Reuter  -  78 words
        • Article
          Lock icon Supermarket operator to sell insurance
          75 13 Bloomberg Business News TOKYO Nichii Co, a major Japanese supermarket operator, will sell non-life insurance policies offered by Allianz AG Holding, the largest insurance company in Europe. The company has set up a subsidiary in Osaka with an Asian unit of Allianz. Nichii owns 90
          Bloomberg Business News  -  75 words
        • Article
          Lock icon More firms opening fund business
          88 13 Reuter TOKYO The Japanese government gave 18 firms permission to launch commodity funds, the Ministry of Agriculture, Forestry and Fisheries (MAFF) said. MAFF, Ministry of International Trade and Industry, and the Finance Ministry will let nine firms jointly set up funds with banks, trust banks
          Reuter  -  88 words
        • Article
          Lock icon AMP sees benefits from Westpac
          86 13 Reuter SYDNEY Australian Mutual Provident Society (AMP) chairman Sir James Balderstone said there were long-term benefits from the society's alliance with Westpac Banking Corp. "AMP's directors and management remain confident of achieving substantial long-term benefits from the society's strategic alliance with the Westpac Banking Corp
          Reuter  -  86 words
        • Article
          Lock icon Nat West says the worst is over
          92 13 Reuter LONDON National Westminster Bank pic chairman Lord Alexander said the worst appears to be over for the bank. "It is too early to be dogmatic, but our experience so far suggests we are over the worst so far as UK bad debts
          Reuter  -  92 words
      • Article
        Lock icon J P Morgan, KeyCorp the fastest growing US banks
        228 13 Reuter NEW YORK J P Morgan and Co Inc and KeyCorp were the fastest growing of the top 25 US banks in the first quarter, but Morgan made no acquisitions. Morgan took a giant leap in asset size, adding U5525.88 billion
        Reuter  -  228 words
      • Article
        Lock icon China bullion boom seen buoying world gold price
        484 13 Reuter HONGKONG China's growing appetite for gold could buoy the world bullion market where prices have shot up following a big deal between two major Western investors, analysts said. Purchases from the mainland have soared 70 per cent over the past 12
        Reuter  -  484 words
      • Article
        Crude futures trade in narrow range unaffected by stock figures
        356 13 Bloomberg ENERGY REPORT LONDON Oil futures prices in London and New York were little changed yesterday and trading activity was limited within narrow ranges, brokers said. The latest US inventory figures had only a minimal eftcct on futures prices, brokers
        356 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        143 13 ANOTHER day of choppy trading in US$/Ss. Opening up at 1.6167/77, up from the previous day's 1.6140 close due to a higher dollar mark and dollar yen. The dollar was sold down to 1.61 SO. It subsequently recovered to 1.6170 on news of a lower
        143 words
      • Article
        Lock icon London
        192 13 Reuter LONDON The dollar ended higher yesterday after a larger-than-expected cut in a key Bundesbank interest rate while the gold price resumed its upward path. The dollar finished in Europe at 1.5835 marks and 112.28 yen compared with 1.5805 and 111.05 on Tuesday. The mark was weaker in the
        Reuter  -  192 words
      • Article, Illustration
        Untitled
        1286 13 I rod,- nnghied index cakukued ajcain.il S pore > lop 14 trading partners toiwr 198! US$/S$ forward rates Noon Apr 28 ss N Offer 1-month 1.6152 1.6167 2-month 1.6152 1.6167 }-monlh 1.6152 1.6167 6-month 1.6150 1.6170 Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m ytstartor Singapore dollars
        1,286 words
      • Article
        Lock icon New York
        81 13 AFP NEW YORK The dollar firmed against major currencies except the yen yestefday in quiet trading following a sharp drop in Germany's repurchase rate. At about 9:30 am, the dollar was trading at 1.5890 German marks against 1.5845 late on Tuesday, but was unchanged at 111.70 yen. The
        AFP  -  81 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends lower after hectic trade
        1425 14 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures recouped early losses to end lower yesterday after a hectic session in line with strong rises in the Nikkei-225 stock index. Contracts were heavily sold down in early trade, aflected largely by sell-offs in the Osaka market.
        Reuter  -  1,425 words
      • Article
        KL tin climbs six sen on short-covering activities
        975 14 COMMODITIES REPORT Tin SHORT-COVERING activities coupled with strong European demand saw the price of tin on the Kuala Lumpur Tin Market rising six sen yesterday to MS 14.17 sen per kg. One dealer said there was also notable interest from local buyers,
        975 words
    • Article
      COMMODITY PRICES
      1569 14 IIKav KUDPCf MS CiwiWy firliMf (t*w» claahg m at lpn» KSS 1 CMtract (S cents/kg) CtoK Volume Open Month High Low Sett (tonnes) Interest May 93 000 000 130.75 SO 850 Jun 131.25 131.25 131.50 50 4.850 Jul 133.25 133.00 132.50 300 4.225 Aut 134.00 134.00 133.50 250
      1,569 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1281 15 •1.2 After dipping at the open, Australian shares regained some strength to close only slightly down in lacklustre trade yesterday, brokers said. "The market came off fairly heavily at the opening and gold pulled back as expected," a broker from J B Were said. "But we have seen a
        1,281 words
      • Article
        Manila
        510 15 +15.28 Philippine shares closed higher after a weak start as bullish investors stepped up buying of blue chips amid some profit-taking in selected issues. The Manila Stock Exchange Composite Index rose 15.28 points to close at 1,564.67. At the Makati trading floor, the index closed 10.48 points higher at
        510 words
      • Article
        Taipei
        523 15 +20.96 Share prices finished mostly higher but trade was sluggish due to a lack of market-mov-ing news, brokers said. The Weighted Index ended 20.96 points up at 4,527.07. Turnover was a thin NT525.86 billion against Tuesday's NTS27.I billion. Demand for selected industrial stocks was seen but the uncertainty of
        523 words
      • Article
        Seoul
        369 15 +5.45 The stock market closed higher in a day of thin and fluctuating trade in what brokers described as a technical rebound following four straight declines. They expect selective buying in shares with good company performance potential today but said a downward correction would continue for the time being.
        369 words
      • Article
        New Zealand
        228 15 +18.91 New Zealand shares, powered along by forest sector stocks Fletcher Challenge and Carter Holt Harvey, ended strongly on high turnover. Brierley Investments was also wellsought. Turnover was worth NZ$43 million. The index ended up 18.91 points yesterday at 1,622.58. FCL, up eight cents at NZ$2.B5, and Carter
        228 words
      • Article
        Bombay
        40 15 +50.78 Share prices on the Bombay Stock Exchange (BSE) further improved over Tuesday's 15month low on buying support from investment institutions, brokers said. The 30-share BSE Index gained 50.78 points to 2,121.49 and the National Index 25.07 to 963.19.
        40 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        630 15 Bittmnii Funds Sterling CaU BU Ofltr MimCap Deposit 31.6400 3S 6500 Mim Jcncy CitT. JM»7 0 2000 Mita Mi> Income "***** *1 0300 USSCath Income Phn Fund 10.4100 *****0 PSS Reserve Fund 5.2000 5.2100 fSSftStoSS 045*2 049M Far Est Fund ***** *2 9730 Man Portfolio I 7620 ****** UK Growtk
        630 words
      • Article
        London
        618 15 •35.4 Shares closed sharply lower yesterday but strategists said it was encouraging to see the FTSE-100 Index close above the 2,790 support level and shares may begin to consolidate around current levels. The FTSE-100 Index closed down 35.4 points at 2,797.3 in volume of 697 million shares. Market direction
        618 words
      • Article
        Milan
        110 15 -o.spc Most shares closed down but off lows with operators reluctant to commit themselves before Prime Minister Carlo Azeglio Ciampi announces who will form his cabinet. The MIB Index ended 0.5 per cent weaker at 1,202, with the underlying trend off 0.08. Aft 2S Si +T AiaMa -51 Baaoa
        110 words
      • Article
        Amsterdam
        222 15 -0.31 Dutch shares fended off a slumping London share market to end mixed, aided by a firmer dollar and a well-signposted quarter point local rate cut. Though the market is universally seen as undergoing something of a correction after peaks scaled earlier this month, dealers were cheered by its
        222 words
      • Article
        Paris
        94 15 +15.1 French shares finished higher, helped out of recent gloom by hopes of more interest rate cuts, dealers said. The CAC-40 Index ended up 15.10, or 0.78 per cent, at 1,942.51. Volume was 2.4 billion francs. Paris A?uJ.de 74»00 Fr -600' Alcatel \*uho«l MJ 00 7.00 EV-AquM 375.JO 1090
        94 words
      • Article
        Stockholm
        114 15 +1.03pc Pharmaceutical firm Astra and easier Swedish debt market yields lifted the Stockholm bourse to a higher close, breaking a streak of three days of fails. The all-share index rose 1.03 per cent to 1,012.01 in turnover worth a hefty 1.30 billion crowns. "The market is waiting for the
        114 words
      • Article
        Frankfurt
        144 15 -11.91 Share prices closed easier, suffering from futures-re-lated selling and bearish sentiment on weak economic outlook. The DAX--30 lost 11.91 points to end at 1,628.87. Frankfurt Afr 28 DM 4c* 149.00 -200 BASF 235 JO 90 BMW 464 00 -4 70 ■ncr 271 40 210 Bayer Vemnshank 448 00
        144 words
      • Article
        Brussels
        158 15 -0.25 Profit-taking led Belgian shares to a fractionally lower close. Dealers remained slightly positive about the market but saw a limited rise in the next few days. The Bel-20 index of leading shares closed barely 0.25 points, or 0.02 per cent, lower at 1,205.68 points with 1.069 billion francs
        158 words
      • Article
        Johannesburg
        303 15 +1 South African gold shares ended little changed in confused trade and analysts say support from a rising gold price is necessary to hold all of their recent gains as the market looks to take profits when the gold price keeps below US$35O an ounce. The overall index was
        303 words
      • Article
        Zurich
        237 15 +7.2 Swiss shares ended firmer in slow trading and low volume. Dealers said the rise was a technical reaction to recent losses, with a positive tone on Wall Street helping in the late afternoon. But dealers said gains were likely to be limited in the next few days in
        237 words
      • Article
        Toronto
        283 15 +7.41 Stocks slipped slightly in early dealings yesterday, weighed down by gold issues which began a second soft day. Dealers said the falling dollar and Tuesday night's rating downgrade by Canadian Bond Rating Serice was having little overt impact on equities. The TSE-300 Index edged down 1.28 points to
        283 words
      • Article
        New York
        803 15 +17.56 A plunge in the stock of Eastman Kodak Co yesterday slammed the Dow and kept it pinned down at midday. The Dow Jones Industrial Average was down 19.45 points at 3,396.45 at 1 pm EDT. Declining issues and advancers were evenly divided on the New York Stock
        803 words
    • Article, Illustration
      Lock icon HONGKONG
      2731 16 Reuter HONGKONG Stocks closed higher yesterday, with the Hang Seng Index at another record, on hopes the Sino-British talks in Beijing will lead to discussions on Hongkong's future airport, brokers said. "The expectation of airport talks has been reflected in the market," said Herbert Chung, an analyst at Wardley
      Reuter; Source: Bridge Info  -  2,731 words
    • Article, Illustration
      Lock icon CHINA
      444 16 Reuter HONGKONG A move by the US Securities and Exchange Commission to allow US mutual funds to invest in China B shares had little effect on the Shanghai and Shenzhen B markets yesterday, brokers said. In a letter dated Monday, the SEC indicated it would take no action against
      Reuter  -  444 words
    • Article, Illustration
      Lock icon TOKYO
      2484 16 Reuter TOKYO Stocks ended higher but off their morning peaks on profit-taking yesterday. The easing yen helped boost sentiment and brokers said investors aimed to bring the Nikkei to a new year's high yesterday. But the market lost steam on profit-taking before the Golden Week holiday starting today. "Dealers
      Reuter; Source: Bridge Info  -  2,484 words
    • Article, Illustration
      Lock icon BANGKOK
      1520 16 Reuter BANGKOK Stocks fell across the board for the third day as investors continued to worry about an investigation of alleged share manipulation, brokers said. The SET Index fell 13.13 points, or 1.51 per cent, to close at 856.85 on turnover of 2.67 billion baht. "Nobody wants to come
      Reuter; Source: Bridge Info  -  1,520 words
    • Article, Illustration
      Lock icon JAKARTA
      1060 16 Reuter JAKARTA Share prices finished higher in moderate trade yesterday, brokers said. The official index edged up 0.93 point to 312.19. Modern Photo fell 200 rupiah to 14,200 on profit-taking. Gudang Garam local shares were up 100 rupiah to 4,150 in active trading after the company reported better than
      Reuter; Source: Bridge Info  -  1,060 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2015 17 Source: Bridge Info Source: Bridge Info «.TE. c*ft h» "S. fcf !K IS J7 AM OB SO: 101 «J OK l« >®J JJJ £?j If Hx*5* is "is is si is is j; 3> ,sr s% xz"** r"s ,si* s sj s? n s sb ii s is;
      Source: Bridge Info  -  2,015 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Strong buying interest sends index up
        4658 17 Bernama KUALA LUMPUR Share prices closed mixed to steadier in brisk trading on strong buying interest in some blue chips and continued speculative interest in lower liners yesterday. The KLSE Composite Index tacked on 2.86 points to 695.43. The 85-stock key index opened stronger
        Bernama; Source: Bridge Info  -  4,658 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Fullback continues as buyers stay sidelined
        1011 18  -  By Sob Tiang Keng THE Singapore stock market continued its consolidation yesterday with the Straits Times Industrials Index easing another 6.71 points to close at 1,779.92. Share prices had started to pull back on Tuesday after spillover buying from Monday took the index past
        Source: Bridge Info  -  1,011 words
      • Article, Illustration
        Lock icon JC-MPH
        71 18  -  I MOT fTOCK Paul Leo JC-MPH at 93 cents is trading just above an upward sloping trendline formed by connecting the troughs since January on the weekly chart. Buy the stock as it is heading towards Si.SO. The five-week moving average line has cut the 15-week moving average line
        SOURCE: BRIDGE INFO  -  71 words
      • Article
        Untitled
        4367 18 1 HflUN BOARD H+ X9n CM wh^ d, L, M «3r I HI —unm and COMMERCIAL 655 170 Acma 590 cd -5 641 600 5«5 585 590 12.5 1. 2.1 25.5 368.1 g? ixisyz** s v» 2* 2 X ifcl si'SSJx 2 iio 2 ,M 189 1090 iSoo arss™ T26
        4,367 words
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      219 9 Bank Brussels Lambert Despite a difficult economic envi- could see the bank return to its ronment, BBL recorded a signif- prior levels of profit performance. icant increase in operating profit Future strategy will be directed over the fifteen month period of towards a stricter control of credit the 1991-1992 financial
      219 words
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      76 10 I CHINA WUXI FOREIGN ECONOMIC RELATIONS TRADE CO-OPERATION TALKS MEETING Date: 27 April to 30 April 1993 Time: 10:00 am to 7:oopm Venue: 3rd Floor of Amara Hotel 165 Tanjong Pagar Road Singapore 0208 For enquiries, please call: *****18 Miss Yvonne Foo Organised bv: CHINA WUXI FOREIGN ECONOMIC RELATION TRADE
      76 words
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      Page 10 Advertisements Column 2
      47 10 You may have been unable to get your Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      47 words
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      319 11 UQUOR UCENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Tan Yak Scab of Blk 402, Ang Mo Kio Ave 10, #02-609 Singapore 2056, have applied for a Retail Liqpor Shop Licence in respect of premises at M/S Ang Mo Supermarket, at Bishan Street 24, Blk 279 #01-30 Singapore 2057, and
      319 words
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      Page 11 Advertisements Column 2
      260 11 IN THE MATTE* OF THE COMPANIES ACT, CAPJ9 AND ADAPT TECHNOLOGY PTE LTD (la i ilmliij ljallatlaa) At aa Extraordinary Geaaral Meetiaf of tha abovenamed company duly convened and held oa 26 April 19% the following ipedal resolutions w«» pueed RESOLVED Hut Adapt Technology Pta Ltd ba wound np voluntarily
      260 words
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      Page 11 Advertisements Column 3
      361 11 notices NOTICE NOTICE IS HEREBY GIVEN that, I Chng See Kiat of 11 Lorong 14, Geylanfl Road. Singapore 1439, have applied tof a Wholesale Beer Shop Licence in respect of premises at M/s Everluxe Trading Pte Ltd at Blk 1777, Geylang Bahru, #01-04 Singapore 1233, and that this application will
      361 words
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      Page 11 Advertisements Column 4
      308 11 THE COMPANIES ACT, CAP. 5* DOXFORD ENGINEERING PTE LTD At an Extraordinary General Meeting of DOXFORD ENGINEERING PTE LTD duly convened and held on the 26 April, 1993 die following special resolution was passed: SPECIAL RESOLUTION That the company be wound up voluntarily pursuant to Section 290 (l)b of the
      308 words
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      Page 11 Advertisements Column 5
      240 11 M TBI MATTER OP THECOMPAMESACT.CAP.9I AN) IN THE MATTER Of KMBV ACINOBS Pit LID (laVotataryWTadtagUp) Al m Eilnmhan Oaearal Maattag of KiaaUp Aeaaoaa PU LUto cwMdLdMalßlAfceitSM gMI Albert Covin Sfappon 0711 oaM>yrt 1993. the lu*u. imperial H 2ttjS&ss Coetpaaiaa Act, (b) TWtMrLtoFtteEaiofFEltaA Co. 10 Albert Street lQM7Al>ert Cantat SiMMan OTtt,
      240 words
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      Page 11 Advertisements Column 6
      268 11 r M THE MATTER OF THE COMPANCS ACT, CAP. SO ANO enmuLCMTmo AOKMCV FT* LTD (In Members' Voluntary UnuiaUnn) At an Extraordinary General Meeting o» the Company duty convened and held at 87 CM) Street Singapore 0106 on ihe 23rd April 1993. the Mowing Special Resolution was duly fip i
      268 words
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      Page 11 Advertisements Column 7
      330 11 > ■I THE MATTER OF THE COMPANY! ACT, CHAPTER 98 ANO M THE MATTER OF VALOR ELECTROMCS J SMOAPOREPTELTD (IN LKMNOATION) Extract of the Minutae of an Extraordinary Ganaral Mealing signed by the Repieeemative ol Holding Company relating to Proceedings of Subaidiary Company pursuant to Section 179(6) of the Companies
      330 words
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      785 12 ZJhe CRouafCßengal, A ~We3~faue Qiuen Cfl ls)£ofe OCzw JKeatfingkj^k Uo UJie Cfiri Of m Sword Swallowing J %Sk C7L of today one no longer requires na,y masterpiece makes its grand appear- which put a chicken. Inside the chicken put complete the slow seduction of the tastenerves of steel to practice
      785 words
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      232 14 ClassiFONE works 72 hours for you for only $5.00. 9 e A OFFICIAL NOTICE] We, Syabas Oil Singapore Private Limited, of 10 Anson Road *3007 International Plaza, Singapore 0207, hereby give notice that in consequence of the ship hereinafter named, we have applied to the Registrar of Singapore Ship's, under
      232 words
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      Page 14 Advertisements Column 2
      20 14 SWITZERLAND Your address in Europe for commercial partnerships financial transactions. Confidentially seriously handled. BURO-PLATEL 38, me de Lausanne CH-1950 Sion
      20 words
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      Page 14 Advertisements Column 3
      33 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead (Make new business contacts through classification 203 in The Straits ®V>Q Times Classified.
      33 words
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      76 16 vV Since 1735 there has A ND there NEVER will be ml Sm Mpore THE HOUR GLASS'Lucky Ptaia Tel *****201'5c0tts Tel 2W6527^7196» Centrepocnt Tel 7141VM/603 Peninsula Plaza Tel n7BW/338Vi61 World Trade Centre Tel *****07 Palais Renaissance Tel *****62*41 Raflles *****41 Changi Airport Terminal HEast tWest Wmgsi M2«M/0 Terminal 2 iSouth
      76 words
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      42 17 A Timely Investment. DICKSON WATCH JEWELLERY (S) PTE LTD (A whoNy owned subsidiary of DICKSON CONCEPTS LTD) U TP 15 rll Available at *****00 SHANGRI-LA HOTEL -22 Orange Grove Road #108 Singapore 1025 Tel: *****26 Also available at all leading authorised dealers.
      42 words
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      88 18 a. Since 1735 there has i NEVER BEEN A QUARTZ BLANCPAIN WATCH. mm Am° there never will be a Singapore THE HOUR CLASS Lucky Ptaia 1H *****J0T1 Scotts. TW mtKXWII9S Cemrppo.nl Tel 7141 V»W>3 Peninsula PUia lW *****0"V338Vi63 World Trade Centre Tel *****07 P«lais Renaissance Tel *****62/543 Raffles Tef "*****
      88 words
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  • SPORTS
    • Article, Illustration
      Lock icon Watson wishes for dignified US victory
      462 19 Golf Reuter NEW YORK Tom Watson has a simple wish as captain of the United States Ryder Cup team. "I hope we win with dignity," Watson said on Tuesday at a news conference about the biennial team competition against Europe on Sep 24-26 at
      Reuter  -  462 words
    • Article, Illustration
      Lock icon Enough is enough
      52 19 Reuter CHICAGO Baltimore Orioles' pitcher Rick Sutclifle (right) relinquishing the ball to manager Gene Lamont as catcher Chris Noiles looks on in the fifth inning of the game at Chicago's Comiskey Park on Tuesday. Sutcliffe gave up eight runs to the White Sox in tne first five
      Reuter  -  52 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        79 19 Reuter NEW YORK Major League retails oa Tuesday: American Milwaukee 3 Minnesota 2; Toronto 4 Texas 3; Chicago 9 Baltimore 4; Kansas City 4 Detroit 3 (in 10); Oakland 7 Boston 2; Seattle 4 Cleveland 0; New York 5 California 0. National San Francisco 6 Philadelphia 3; Los Angeles
        Reuter  -  79 words
      • Article, Illustration
        Basketball
        63 19 NEW YORK NBA Playoff schedule (Best-of-five series): Thursday (Friday morning SingaCt) Western Conference: Portd Trail Blazers v San Antonio Spurs; Houston Rockets v LA Clippers. Eastern Conference: Boston Celtics v Charlotte Hornets; Cleveland Cavaliers v New Jersey Nets. Friday (Saturday morning): Atlanta Hawks v Chicago Bulls; New York Knicks
        63 words
      • Article, Illustration
        Lock icon Cricket
        165 19 AP BRIDGETOWN, Barbados The West Indies beat Pakistan by 10 wickets in the second cricket test match here on Tuesday to take a 2-0 lead in the three match series. Final scores: West Indies 455 and 29 for no wicket. Pakistan 221 and 262. Pakistan Second innings (continued from
        AP  -  165 words
      • Article, Illustration
        Lock icon Ice hockey
        41 19 Reuter MUNICH, Germany World Championships quarter-finals on Tuesday: Sweden 5 United States 2; Russia 5 Germany 1. NEW YORK NHL first-round playoffs on Tuesday: Toronto 5 Detroit 4 (OT); Los Angeles 9 Calgary 4; Winnipeg 4 Vancouver 3 (OT).
        Reuter  -  41 words
      • Article, Illustration
        Lock icon Squash
        59 19 Reuter NEW YORK Tournament of Champions quarter-finals on Tuesday (prefix number denotes seeding): 3-Rodney Martin (Aus) b 6Rodney Eyles (Aus) 15-7 15-11 15-13; 2-Chris Dittmar (Aus) b 5Peter Marshall (GB) 15-6 6-15 15-7 15-3; 1-Jansher Khan (Pak) b Paul Johnson (GB) 15-5 15-5 15-4; 4Brett Martin (Aus) b Mir
        Reuter  -  59 words
      • Article, Illustration
        Lock icon Tennis
        643 19 AFP AFP AFP AFP Reuter AFP MONACO Latest men's Association of Tennis Professionals rankings: 1. Pete Sampras (US) 3,826 pts 2. Jim Courier (US) 3,517 3. StefanEdberg (Swe) 3,091 4. Boris Becker (Gcr) 2,675 5. Petr Korda (Cze) 2.452 6. Goran Ivanisevic (Cro) 2,294 7. Andre Agassi (US) 2,213
        AFP; Reuter  -  643 words
    • Article
      Lock icon Women will still get less prize money than men at Wimbledon
      247 19 AP WIMBLEDON Wimbledon plans to mark this summer's 100 th women's championships with special tributes, but equal prize money is not one of them. The All England Club announced on Tuesday that total prize money for the June 21July
      AP  -  247 words
    • Article
      Lock icon Don't turn your backs on Charles Barkley
      599 19  -  By George Vecsey NYT EVERY time I try to type that the Knicks are going to win the playoffs, 1 start hearing voices. Or rather, I hear one particular voice. That voice takes me back to Barcelona, Summer of '92. A babble of
      NYT  -  599 words
    • SIDELINES
      • Article
        Lock icon Taiwanese leads at Saujana
        114 19 AP Bernama KUALA LUMPUR Chang Tse-peng of Taiwan fired the lowest score of the day yesterday to take the lead in the three-day sixth annual Panasonic Saujana Open Amateur Golf Championship with a two-day total of 146. Chang carded a par 72 to add to Tuesday's
        AP; Bernama  -  114 words
      • Article
        Lock icon No alligators for The Belfry
        132 19 Reuter LONDON Ryder Cup organisers have abandoned plans to put alligators in the lake opposite the 18th hole at The Belfry, dropping an idea designed to make the US golf team feel more at home during this year's clash. The owners of The Belfry, the
        Reuter  -  132 words
      • Article, Illustration
        Lock icon An uplifting experience
        38 19 Reuter VANCOUVER Vancouver Canucks' Pavel Bure is lifted into the air by Winnepeg Jets' defenceman Phil Housley (left) in front of Jets' goaltender Bob Essensa during first period NHL play-off action here on Tuesday. Reuter
        Reuter  -  38 words
      • Article
        Lock icon United Distillers' sponsorship plan
        98 19 AFP SYDNEY Prominent golf sponsors United Distillers said yesterday they had no plans to cut back on their worldwide backing of the sport despite ending their sponsorship of one of Australia's biggest tournaments, the Johnnie Walker Classic, one of Australia's big three golf events along with
        AFP  -  98 words
  • Page 19 Advertisements
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      51 19 Press Here For Financial News? Call 1-900 840 8460 for Financial News and you'll stand to win $500 worth of > dinner ware each week. Calls are charged at 30 cents a minute. imam] INE liriP 0. Prizes are sponsored by. s■■ Iv j ;Eolll3lj An SPH AudioTex Service om
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      1395 20 Ibil WHERE TO WINE, DINE AND ENTERTAIN or I BB^H^^^B^^B^BBlsj^srelfTM^TlEirM!^^H^^^^iwr^^^ v: I ft" W*±. >: I x£ I Meet the Tiger and tbeßaffle** from mm till 24 June ■yy Drink a Tiger classic or .a Raffles W9 Mv Light and stand to win one two cellular phones. Draws are °n
      1,395 words
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  • LIFESTYLE
    • Article, Illustration
      Fiercely Fonda
      1155 21  -  Although Bridget Fonda is one of the hottest actresses in films today, James Grant finds that she sets her own standards with intelligence and candour James Grant Assassin: Coming soon to Shaw cinemas Bridget Fonda looks like a thin Botticelli Venus as she steps out of a torrential
      1,155 words
    • Article
      Lock icon Liz Taylor sues Enquirer for story on hubby
      520 21 CHATTERBOX AP AP UPI UPI AP ELIZABETH Taylor and husband Larry Fortensky sued a tabloid newspaper over a story that said Fortensky threatened to break his neighbour's legs. The lawsuit, filed on Monday in Superior Court, alleges that the National Enquirer knew
      AP; UPI  -  520 words
    • Article, Illustration
      Lock icon With a little help from her friends
      53 21 Reuter NEW YORK Rock star Rod Stewart (left) and actor Dustin Hoffman joined Aretha Franklin in a song during a show being taped in New York on Tuesday. The programme, starring Franklin, will be shown in the US on May 9 on the
      Reuter  -  53 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      96 21 Food for thought. The Smart Lunch or Dinner at Capers is simply the wisest choice in town. Select your appetizers from the Buffet of hot and cold starters. Then, a choice of entree, local or western. And of course, freshly brewed coffee or tea just the way you like it.
      96 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1064 21 I TV RADIO HEEEfiIBBIHi The Mikado, 9.00pm. SBC 12 HM|[' Jonathan Miller gives his interpretation Sulli- mgmm opera the move to England Recordfrom The London ColiseNational Opera production features Van Allan, Richard Angas and Bonaventura BotTlw Waadariaad Of Mas* Boxes AT and Automata, Bpm, SBC 12 ?W J A look
      1,064 words
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  • INNOVATION & TECHNOLOGY
    • IT TAKES
      • Article
        Lock icon Gulf region needs decades to recover
        75 22 Reuter ABU DHABI A US government scientist said on Tuesday that the Gulf region may need decades to fully recover from environmental damage caused by oil pollution during the 1991 Gulf War. John Robinson of the US National Oceanic and Atmospheric Administration said the
        Reuter  -  75 words
      • Article, Illustration
        Lock icon Testing lung efficiency
        47 22 Reuter ABOARD SPACE SHUTTLE COLUMBIA German astronaut, Dr Ulrich Walter, participating in an experiment to collect data on lung efficiency on Tuesday in the German Spacelab on Columbia. The shuttle was launched after two aborted attempts on Monday from the Kennedy Space Center. Reuter
        Reuter  -  47 words
      • Article
        Lock icon Infant screening for Mood disorder?
        70 22 AP WASHINGTON A panel of medical experts recommended Tuesday that all newborns be screened for sickle cell disease, an inherited blood disorder that is most common among AfricanAmericans but also occurs in other groups. The Agency For Health Care Policy and Research, a committee of
        AP  -  70 words
      • Article
        Lock icon Food which ward off breast cancer
        62 22 AP ATLANTA Scientists are trying to determine whether green tea, oil from orange peel or even a broccoli pill can help women ward off breast cancer. Food is a new frontier in breast cancer research, and about 300 scientists assembled Tuesday by the National
        AP  -  62 words
    • Article, Illustration
      Beyond computer-speak
      633 22  -  Local research aimed at making machines do more human-like jobs is paying off, slowly but surely. Helen Ching reports on one such breakthrough. Helen Ching SINGAPORE Pa-per-shufflers and pen-pushers of the world, watch out! The new kid on the office block is not just another pretty screen, it
      633 words
    • Article, Illustration
      Power from the sun
      68 22 THIS public phone booth in the heart of Africa has neither power cables aor telephone wires. It is one of a new feneration of solar-powered mobile booths nanrfKtnd by Siemens of Munich, Federal Republic of Germany, for me in wii iff such as Cameroon in West
      68 words
  • Page 22 Advertisements
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      1945 22 II CAP FACT I FVINTS If UN concerning companies and attectng the Compaiy. »mplb» rapraaoraodDyooaipngy eftora I nomUMoa mora than one II trw IXTIIIUJiV/l" Article 4(AWa) prony. Ino proportion la yodftod, too Company shdl be exiled to deemitoo II Q|l SHIPBUILDING LTD SSBS II Article 9(B) Dapodtoree shown In toe
      1,945 words
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  • THE LAW PAGE
    • Article, Illustration
      The manual which backfired
      1404 23  -  Guidelines in the book which many professionals live by can go awiy as Benny Tabalujan finds out in the case of an accounting firm in New South Wales Benny Tabalujan The writer is a lecturer in law, the School of Accountancy and Business, Nanyang Technological University,
      1,404 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      208 23 ~#iV?Sv^ESJ9Hll^^^^H^HH^^R||^Hil^^HS9 DATE: May 2,1993 TIME: Ipm 2pm PLACE: Parkway Parade (basement airwell) Tips on walking by Singapore's Sign up for The Big Walk during the other top walkers i Walkshop session and win these prizes: Rlfi UUAI K "QTc Power-packed dance IT performance by the Asics/Clark j 3idPtize National Stadium
      208 words
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  • Article
    Fusing Bangkok's pressures
    497 24 EDITORIAL IT WAS said, tongue firmly in cheek, that when Thailand's military launched the coup of 1991, it chose a Sunday when Bangkok isn't ensnarled in traffic jams. Anyone who has had to deal with Bangkok's congested roads will appreciate the slightly dark humour. The road system
    497 words
  • WHAT THE OTHERS SAY
    • Article
      A slow start for Clinton
      350 24 PRESIDENT Bill Clinton's first 100 days in office, which he completes tomorrow, has seen his public approval rating plummet to the lowest for any American president since opinion surveys began. His low popularity has much to do with the failure to introduce specific measures to
      350 words
    • Article
      Yeltsin's tramp card
      122 24 FOR THE TIME BEING, the poll returns show Mr Yeltsin is in the lead. Congratulations pour in from the West on his victory. He is the people's choice. He now has the upper hand to continue his reform plans. The referendum, however, did not spell out the
      122 words
    • Article
      Seizing opportunities in China
      121 24 CHINA'S future plans will include progressive forays into the areas of skill, technology and finance. In the south, we have frequently been outpaced by Hongkong and Taiwan. To change the situation, the government is leading the way to larger joint projects covering other areas of China.
      121 words
    • Article
      Licensed to corrupt
      127 24 THE QUESTION NOW is what the indications are that the present Cabinet will be more serious and determined than the previous one about supporting and pushing forward the deregulation drive. There are none so far, except the verbal promises. But we are aware of numerous reasons why
      127 words
    • Article
      Housing bank not quite enough
      170 24 IT IS a very good indication that things are not going quite right in the housing industry that when it was announced over the weekend that a housing bank would be set up, it was instantly hailed as a good move when nothing very much
      170 words
    • Article
      Yeltsin's poll poser
      190 24 EVEN before the referendum voles are fully counted, Russian President Boris Yeltsin seems to have won an unexpectedly convincing display of public support for him and his policies. In the West, Mr Yeltsin's battle with the old guard is often painted as if it were an epic
      190 words
  • Article, Illustration
    Lock icon G7 should invite Suharto to Tokyo summit
    788 24  -  Sayidiman Suryohadiprojo on why it is important for the Indonesian President as chairman of the Non-Aligned Movement to be present Sayidiman Suryohadiprojo The writer is ambassador at large for the chairman of the Non-Aligned Movement. He previously served as Indonesia's ambassador to Japan
    Nikkei Weekly  -  788 words
  • Page 24 Advertisements
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      73 24 lex'S pr\ce n",HicxFOfcD...THe. (**sft£fcK?R3sBSB^J jr INa&7 XB>^ss- avE-^wjife wN BS INl I 0 1 wk_ DOONESBURY GARRY truqeau uui,i£rs6er-v*£OUR. fust off, this isows p&icus. rens, rulers— &ÜBHIBZS TOWORKOPN" DESK. THI9ISUHEREICOHE YOU NAME- f7. EVERYTHING O*X*.(MI ON THE ROW, SHALL UJE, UPUTTH ALLMY IPEfIS. ASYOU j NEEP FOR SKETCHING tfEF GO
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      Page 24 Advertisements Column 2
      35 24 MTTA(P) 101/8/92 EDBBp9vSI39 MAY VOL 17 No 5 EIIBE9HBBH29U9K9 1993 $4 What it means stocks, property path to china and you A —ym CAN ARCHITECTS PUBS: II |I| I GORE6IONAL? ESDURCES. EON .IBWMM ON SALE
      35 words
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  • ANALYSIS
    • Article
      Referendum result hardly a sweeping victory for Yeltsin
      879 25  -  John Helmer, reporting from Moscow, gives the conclusion that the Western media and the Russian President ought to arnve at from the poll John Helmer ALL Russian schoolchildren learn from their history books that Tsar Peter the Great was so enamoured of
      879 words
    • Article, Illustration
      UK's economic weather forecast: rainy days are over...
      1108 25  -  There is increasing evidence to show that the British economy is staging a broad-based recovery from one of 1 here is World War n Anil Purf rep orts from London Anil Puri RECENT economic indicators published by the Central Statistical Office (CSO)
      1,108 words
    • Article, Illustration
      Lock icon Bermuda aiming to be international offshore bourse
      637 25  -  Richard Lapper on plans to make the island the favoured offshore centre for HK firms and the insurance business Richard Lapper FT FINANCIERS in the tiny island of Bermuda are moving ahead with plans to upgrade operations at the local exchange, in a
      FT  -  637 words
  • Page 25 Advertisements
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      39 25 XX/ *L\ l%# J If your cash reserve needs an additive, do it by selling articles which you don't use by advertising in The Straits Times Classified. Just a phone call will do the job. 737-1166 Fast, effective results
      39 words
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  • Article
    Lock icon G-7 urged to draft recovery plan for world economy
    521 26 Crucial that industrialised nations work together, says IMF chief Reuter WASHINGTON The US and its rich allies have been put on the spot to come up with a strategy for reviving the global economy and helping poor nations as the world's
    Reuter  -  521 words
  • Article, Illustration
    Lock icon Study for N Growth Triangle can start: Chuan
    384 26 AFP JAKARTA A feasibility study for an economic zone linking Thailand, Malaysia and Indonesia can go ahead now that leaders of the three nations have endorsed the project, Thai Prime Minister Chuan Leekpai said yesterday. Wrapping up a three-day official visit here,
    AFP  -  384 words
  • Article
    Lock icon China and UK resume HK talks; Patten says time running out for polls plans
    321 26 Renter BEIJING China and Britain yesterday opened a second round of talks aimed at ending the deadlock over plans lor political reform in Hongkong, with both sides saying they looked forward to a restoration of cooperation.
    Renter  -  321 words
  • Article
    Lock icon Bundesbank cuts key rate in bid to boost German economy
    328 26 Reuter FRANKFURT The Bun- desbank cut a key German short-term interest rate by more than a quarter percentage point yesterday in what econo- g mists called a clear sign that it was speeding up rate reduc- tions to help economic
    Reuter  -  328 words
  • Article
    Lock icon Israel offering Palestinians early transfer of power
    334 26 Reuter WASHINGTON Israel is trying to speed up Middle East peace talks by offering to transfer a range of powers to Palestinians even before reaching full agreement on self-rule in the occupied territories. But the Palestinian delegates, who returned to the talks suspicious
    Reuter  -  334 words
  • Article, Illustration
    Maastricht causing rifts within UK political parties
    790 26  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament IN MID-JANUARY, the British House of Commons began the tricky next stage in the ratification of the Maastricht Treaty on European union, and there is
    790 words
  • Article
    Lock icon Washington pushing G-7 countries to focus on reducing trade imbalances at talks
    334 26 NYT WASHINGTON With an eye on Japan's huge trade surplus, the Ginton administration has sought to shift the agenda of the Group of Seven industrial nations, pressing them to place more emphasis on reducing trade imbalances. Two days
    NYT  -  334 words
  • Article
    Lock icon US must take tougher steps to end war in Bosnia: Clinton
    378 26 AP WASHINGTON President Bill Clinton yesterday said the US must take tougher steps to end the war in Bosnia in spite of the lack of a consensus in Congress on how to proceed. Amid warnings that military action risks
    AP  -  378 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      256 26 I I Take that -v First Step L) with )r j World Widest# f/... ond soar above /y your competitors. /j These days, to sroy successful in business, one has to hove the right stuff /pr to mointoin thot competitive edge. /<4r' The "right stuff' meons having to captivate f
      256 words
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      Page 26 Advertisements Column 2
      18 26 7S rs c INgee Ann City The Ultimate Business Address Serviced Offices CALL: *****21 MRCENTRE PTE LTD J
      18 words
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  • Shipping Times
    • Article, Illustration
      Cunard forms joint marketing venture for Asian cruises
      360 27  -  Regional cruise industry By Rahita Elias SINGAPORE Britain's Cunard Line, a world leader in the luxury liner business, has joined forces with two partners to form a Hongkongbased marketing arm for its Asian cruises. Cunard, best known as the operator of the
      360 words
    • Article
      A key area for future growth
      488 27  -  By Juliette Walker SINGAPORE Sembawang Johnson Management (Semjom), which manages 44 ships, is banking on Singapore's development as a regional cruise centre to provide future growth. Managing director Lars Sjogren said the regional cruise market is a key area for future growth. The Republic
      488 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      859 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •Arrow Trans 19 2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 Bangladesh Shpg 18 3 •Bank Line, The
      859 words
    • Article
      Lock icon Russians seeking cheaper tonnage for aid cargo
      215 27 KnightRidder NEW YORK A major factor that may affect the near-term direction of the freight markets is the possibility that a greater portion of Russian aid cargoes may be shipped on cheaper for-eign-flagged ships. Government agencies have been straggling for weeks over the
      Knight- Ridder  -  215 words
    • Article
      Lock icon US govt scientists, Exxon clash over oil spill impact
      381 27 Reuter ATLANTA, Georgia Government scientists and Exxon Corp clashed on Tuesday over the impact on Alaska's Prince William Sound of the huge oil spill caused when the Exxon Valdez tanker ran aground four years ago. In a battle expected to influence
      Reuter  -  381 words
    • Article
      Lock icon Strike at Guatemala's sugar port ends
      222 27 KnightRidder GUATEMALA CITY Port operations was to resume at 2300 ET on Tuesday at Guatemala's sugar-export port of Puerto Quetzal, as workers end a five-day strike afler reaching agreement over grievances, said a sugar industry official. Union leaders could not be reached for comment.
      Knight- Ridder  -  222 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        769 28 Vcswt Voy Wo Btfth Arrival Departure iurong Port *«»n*t 30WB M,9 alongside 29 04/2300 Chemi Sta< 01A/93 12 atongside 29 04/2300 CrysU 19 alongside 29 04/2300 Pacdo PV131 J3 alongside 2904 0600 Vietianscimej 01 6 6 alongside 29 04 0600 Y4t Fai No 63 0022 14, 5
        769 words
      • Article
        CONTAINER SCHEDULES
        1450 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Shp Voy No Containm a»aiabte Wp Vo 1 No Cantmtitlt rw, S«utuh 925 COD(EST) 28.04.93 1500 B Teratai 1273 COO(EST) *****3 070C ftor Pearl ***** COO(EST) 2804 93 1500 taM 3126 COOtEST) HJ.0493
        1,450 words
    • Article, Illustration
      Old ship breathes new life into S'pore harbour cruises
      875 29  -  The modern catamarans and Chinese junks that offer harbour tours now have a new competitor. Juliette Walker checks it out Juliette Walker AN 82-year-old ship could breathe new life into Singapore's harbour cruise market. The Columbus, a refurbished steamship which now
      875 words
    • Article
      THE SHIPPING GUIDE
      11315 36 This is a list of ships loading at Ma Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping E line involved and the estimated E dates of arrival and departure trom n < the Port of Singapore. Ma LEGEND
      11,315 words
    • Article
      SHIPPING AGENTS
      3355 41 A l\lC Container lint NY: Belsin Shpg Agcncics Pic Ltd (SVMannc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Ptc Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsouree Shpg Trdg Ptc Ltd (S) Ahreakiel Liner Service: Kim Shpg Trdg (SV Alhatros Sea-Air Service: Frata Shpg Ptc
      3,355 words
    • Article
      COURIER SERVICES
      270 41 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express t ravel Td: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswifl Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Ouster Link Supplies A
      270 words
    • Article
      AIR FORWARDERS
      1462 41 Abe* Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Acvnair Magiporv Td: 542-7821 Fax: *****20. Aerotink Freight International Tel: 545-8033. Fax: *****05. Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express lnteraatioaal Td: 542-7666. Fax: *****74. *****50. Air Market
      1,462 words
    • Article
      PORT CONDITIONS
      2171 42 ANGOLA < Luanda: Port operating normally, 1 possibility of 1-2 days berthing < delay for general cargo, but no delays for Ro/Ro containers. < Lobito: Port operating, but quietly, very low traffic levels with berths largely unoccupied. 1 Namibe: Port operating lySoyo: Security in the area remains high.
      2,171 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1074 42 SHIP SALES TANKER RATES AFP IN recent months there has been an extremely limited supply of 1980's built capesize bulkcarriers but in the past two days we have seen both Shell and Navix of Japan place tonnage in the market. The ships in question are: m/v Tribulus/Tricula 127,907 dwt and
      AFP  -  1,074 words
    • Article
      AIR FREIGHT SCHEDULE
      548 42 ARRIVALS I Q» FII«H Type ETA T fw < TODAY KAL KE697 B747F 0130 I SEL I SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 1 LUX/DXB NCA KZ203 B747F 1930 1 NRT KAL KE685 A30F 2345 1 SEL/MNL TOMORROW JAL JL615 B747F 0240 1
      548 words
    • Article
      CRUISE & FERRY SCHEDULES
      178 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Dtp Stmt of Vessel ETA ETD Ports «fOJb Port Aft Tili|fcnw No ML 30 30 Fantasy World 1000 1900 Sin-Port Klang Lauw Sons Travd 227-82S4 REGIONAL FERRIES Port of CaU Nat of Vessel Telephone No Batam Talvas II Indo Falcon Shipping *****78 Sekupang (Batam)
      178 words
    • Article
      DAILY FREIGHTS
      563 43 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,537 on Apr 27 from 1,530 on Apr 26. FIXTURES Tanker Activity in the tanker market slowed down with large tanker freights from the Mideast Gulf stable in the mid-40s on the worldscale, brokers said. Broker
      563 words
    • Article
      TRANSPORT DIARY
      238 43 COURSES Title: sth BIMCO Course on Voyage Chartering Eliminating Trouble Spots, Time Chartering Understanding Securities for Payment of Hire and Principles in Common Disputes, Chartering Practice Earning and Getting the Freight, and what must be known about Insurance. Duration: May 3 4 Organiser: Baltic International Maritime Council (BIMCO)
      238 words
    • Article
      COCKETT BUNKER MARKET REPORT
      790 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      790 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Australian court winds up Southern Cross
        300 46 AFP BRISBANE, Australia Southern Cross Airlines Holdings Ltd, the reborn Australian "people's airline", was formally dissolved in court here on Tuesday with debts amounting to about A 527.8 million (5532.3 million). The liquidator, Richard Barber, told reporters after a hearing in the Queensland Supreme
        AFP  -  300 words
      • Article, Illustration
        Lock icon This whale can fly
        57 46 Reuter TOKYO Twelve-year-old Yukie Ogaki beaming as she pointed to her design for a Boeing 747-400 jetliner here on Mondav Her entrv won a design competition held by All-Nippon Airways marking its having carnal 500 million passengers s?n£ KKi 195!? painted like a Whale, will start
        Reuter  -  57 words
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        Lock icon Taking a peek into the future at life with the electric car
        570 46 NYT WASHINGTON Research and development for electric cars have mainly concentrated on batteries, power controllers, motors and other vehicle parts. But what about the infrastructure in which the vehicles will function? One visionary sees batteryrecharging stations being combined
        NYT  -  570 words
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        Lock icon UK govt approves New York-Belfast service
        310 46 UPI LONDON Transport Secretary John MacGregor gave the go-ahead on Tuesday for American Trans Air Airlines to begin scheduled flights between New York and Belfast. The announcement came one week after Mr MacGregor held air liberalisation talks in London with US Secretary of Transportation
        UPI  -  310 words
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        Lock icon Parliamentary panel questions British rail privatisation plans
        290 46 Reuter LONDON A parliamentary committee expressed strong reservations on Tuesday about plans to privatise Britain's rail network, warning passengers and taxpayers that the scheme may hit their wallets. "The government's proposals are novel and untested," the Transport Committee said in a report. "The
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        Lock icon African airlines urged to cooperate to cut costs
        212 46 AP HARARE, Zimbabwe African airlines need to cut costs by working together if they hope to make money in a continent wrecked by economic problems, civil wars and political interference, the African Airline Association said on Tuesday. Winding up a two-day meeting
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      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1390 46 «E His era nm n»_ (MM QF81 1940 QF82 2055 SQ228 2120 n«l1ll illll SQ319 0715 KL838 2310 KL837 1445 SQ324 2345 GA975 1455 Mtmm SQ347 1735 rinrtilinl BAM 1505 SQ286 2015 ■llmli GF148 0905 Sari Ihm B>421 1105 SO 182 0915 SQ181 1410 ***** 1205
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          Lock icon Guangdong to improve road network
          55 46 AP BEIJING South China's booming Guangdong province is seeking foreign investment to develop transportation, an official newspaper said yesterday. Li Peiwu. deputy director of the provincial communications bureau, said Guangdong plans to build more than 3,000 km of superhighways and several ports by 2010. according
          AP  -  55 words
        • Article, Illustration
          Lock icon Virgin withdraws massage service
          95 46 Reuter LONDON Virgin Atlantic Airways withdrew a massage service on Tokyo flights after Japanese businessmen thought they were being offered more than a gentle rub-down. Virgin chairman Richard Branson said: "It became clear that in Japan, the implications of offering a massage are distinctly different." Virgin's
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          Lock icon Jetliner's landing gear collapses
          87 46 AP DENVER (AP) The landing gear on a Continental jetliner collapsed on Tuesday and a tyre caught fire before the plane ground safely to a halt. Right 588, with 120 people on board, was en route from San Francisco to Boston with a planned stopover in
          AP  -  87 words
        • Article
          Malaysia Airlines is first class
          64 46 SINGAPORE Malaysia Airlines has beaten 30 other international carriers, including Singapore Airlines and British Airways, in providing the best service in First Class. London-based Inflight Research Services came to this conclusion after conducting a study of the carriers' First Cass products and services on key
          64 words
        • Article
          Lock icon Two ships interlocked after colliding
          50 46 Knight-Ridder HONGKONG Two Panamanian-registered container ships were locked together after colliding in the South China Sea yesterday. The 5,981-tonne Marine Brave had rammed its bow into the side of the 4,164-tonne Wing Lee No 1 and that the two ships could not be separated. Knight-Ridder
          Knight-Ridder  -  50 words
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      5 27 Castro! The Leading Lubricant Specialist
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      36 27 New player in harbour cruise market, Page 3 Lines and services represented by /jS&s. Members of the Registry of Accredited /fMgttV] Shipping Agents, Singapore wgEfmj National Shipping Association For advertising enquiries, contact Shipping Tmes: Tel 740-2089/740-2090
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      49 27 the FAMOUS iwk/mmk ■EEODI33 224 1833 I For more information pletie refer to Pg. 13 Southern Cross Airlines Holdings wound up, Back Page r 1 DOLLARS SENSE You don't have to be an Einstein to get relatively good returns. Personal Finance Investment Every Saturday. Business Times WE KNOW ASIA
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      481 28 OTSKLME AGENCES (S) PTE. LTD. T ¥7 V wmyp Tel: 226-3363 J. •3tl\ i I JNr F 226-1972/3 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. **********0n ACX ROSE 390 **26.04 **28.04 27*04 30.04 04 05 06 05 1105 1105 12 05 13 05 HKAWA D 288 28 04 *30 04
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      1051 28 tirl XJSL?k2£J n 1203 S JOS 1* 4* 31 II 41 SI I 4 4 OUT KM V32/Sl7 U 115 225 15 5 2* 5 21 5 21 5 5 31 5 25 5 215 NfPTU* CRYST/H I ltf 1 I*?QS 66 1 >6 1 116 11Q6I 10 6 I
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      962 29 OOCL <81 PTE LTD JAROINE SHIPPING AGENCIES TEL: 323 3313 FAX: *****42 DOCUMENTATION TEL: *****64 FAX: *****09 —H BOOKINGS TEL: *****80/*****61/*****82 CFS (PSA F5) TEL: *****21/*****79 JARDINE SHIPPING AGENCIES SON. BHD. PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 rtariicated to Quality Service penang tel: *****4 fax: *****1 cfs tel: *****6 U©aicaiea
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      557 29 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 <SUASC| ARAB SHIPPING CO. (SA6)jJ^ To US Eml Co«»I M/wr wt I in 1 m MB— KMWMM 7/1 IVI IVI IVI IVM mm mum a/i aa *a i/J V» mwmi M/i M/I vn »a M IMfl Mill O/i a/7 11/' 1/1 W
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      1291 29 NEXT AVAILABLE SAILINGS TO U.S.A. AND DEVELOPER V.186E ETA SIN 3RD MAY 1993 ARIE MAERSK V.9304 ETA SIN 4TH MAY 1993 voy ETA I ETO fmdm by I —I s- L~r-/Ar- DESTINATIONS ETA I ARIE MAERSK V 9304 I JOM LPK PEN OAK LOB MOO MEM ATL MIA CHS BAL
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      1247 30 ACCgmwo from VESSEL VOY NO SPORE JEDOAH (VIA JED) S TOW H'BUHQ AWERP HAVRE m MALAYSIA KAMAKURA 28/118 29/4 */5 16/5 W5 Port Kalang. Panang DRESDEN EXPRESS 10/316 1/5 10/5 16/5 1»/5 22/5 24/5 26/5 ang jfITTiT" 6/5 22/5 25/5 23/5 EAST MALAYSIA LUOWIOSHAFEN EXPRESS 07/317 6/5 17/5 23/5 2«/5
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      516 30 I AFGHANISTAN MAM Afghanistan Ltd, I Sole Foreign Forwarder In KabUlor services I C.I.S.- Veetochny, VladNoetok, Moocow, Tashkent, I Kiev, Minek, Riga, Baku, Irkutek, Alma Ate I North Korea •Vietnam* Mongolia* Hungary I oci®rrans II AGEhiaKFARE^LTO I nouakchott-banjul-bissau-luanda-bata I F—df V—l W&Wb II VILLE DE LA FONTAINE 02/05 II VILLE
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      1257 30 REGULAR INDEPENDENT FULL CONTAINER SERVICE I NORASIA POUNCESS 9316-3 04/05 27/05 2S/05 29/05 30/05 01/06 02/06 02/06 03/06 04/06 I NORASIA SUN 9317-3 11/05 01/06 02/06 03/06 04/06 06/06 07/06 06/06 09/06 10/06 I NORASIA PEARL 9316-3 20/05 U/06 12/06 13/06 14/06 16/06 15/06 17/06 16/06 19/06 I ARABIAN SEA
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      1865 31 I PFW STRAITS SHIPPING PTE LTD I I M mam 10 Hm Chiang Road #11-01 Kapfd Towors I 020t Tol: *****11 I ACCEPTS 7? T '•*Sp| I CARGO DOE SAAS TWTr. *«■m■Mß■fed IMS MMXJRA ¥ott KK. Skan. Ira hft 30 If FCL. LCI CONTAMR AND MMMULK UNVICI TO MPUA WW
      1,865 words
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      1269 31 il SINGAPORE AGENT: I I l)Oy\ PftO Containers (Singapore AgonciM) Pt« Ltd I llVl V I jllllldlllCrS 10 Mo« Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 I m w T-; 225 2233 Tatox pg ***** PNOCSP Fax; 225 5327/222 7517 I CR Number: **********0Z men n*M VCtML VOY ANT WOT
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      703 32 rigci I^UWi f une riiiiiimMM iiiiiiiww^lfl^^^ 1^ |\a STW M I—l/MM wnwl WBdl «nap I miMKI 34W8 I 31/4-4/5 I »/S 3/1 »/j_ J4/» EAST COAST PC" va/WT m st«t syp melb wb f» mel WW TEMAStK 54S »/4 30/4 17/5 2«/S 14/5 27/5 WO WTHKMIU 76S 7/5 »/5 »/5
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      727 32 HANJIN SMPPWGI direct V SEATTLE V PORTLAND I EVERY I THURSDAY ALSO ACCEPTING VIA SEATTLE TO I CANADA IPI MLB PLEASE CONTACT FOLLOWINGS FOR ENQUIRIES BOOKINGS. I PAUL UM DID *****26 PGR *****99 I FEDERICK PHUA DID *****29 PGR *****49 I RADIYAH DID *****35 I ALAN TAY DID *****21 MCMMk
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      1388 32 J d Trl 1 d I nvixiMiuwMioanM noiui»wiiKu«MWiiria(nican»| I c eoM kms mi an i/s s/s 7/5 11/5 u/s 11/s w/s u/s i 7/» »/s 4/4 11/4 12/4 a/f u/t a/4 a/4 a/4 i«/ 7 I GuTu KMI 4/5 4/5 14/5 12/5 14/5 17/5 11/5 29/5 21/5 O/S 24/5 4/1
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      1359 33 "NORMANDIE BRIDGE 25W" ETA SGP 01/05/9311 II ETA RDM 17/05/93, FLX 18/05/93, H BRE 20/05/93, LEH 22/05/93 H w!?S\ TOPfHY .I TO CAiJFOßmA^ifouLF'MLUtopoitnrf' atlantic VIA HLB i U FEEDER VSL MOTHER VSL VOY SET PLD I MIN/ VESSEL VOY SGP LOS OAK VAN SET CHI DAL/HOL MPH ATL NYK I
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      979 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BAIT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 iOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUO—OCSCHAROHG WESTBOIfC—LOACTNG TAAHSWTO VIA ROMfcAOAM
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      1265 34 'P~ w K" V f AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CS **********0 M) V W TEL: *****77 TELEX: KAWAKI R*****6 FAX: *****07/8/9 Mm MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I U Jl 1 MmJ TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 KAWASAKI KISENKAISHA, LTD
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      1033 34 PHI LI-on l€ NT LINGS PU LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION fffjg AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 30 APR SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 30 APR AUCKLAND. WELLINGTON, LYTTLETON, NEW PLYMOUTH. NAPIER.
      1,033 words
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      757 35 pacific international lines (PTE) ltd] I tmmmmmmmn 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I SSSf CR NO: J $3 r ssksssu. a s; I I P ALSO ACCEPTING LCI COO TO ADEN, P.SUDAN, DJIBOUTI A AOABA I I ALSO ACCEPTING PORT SUPANADEN. CONTAINERS W/T AT DJIBOUTI I I
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      1176 35 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY C P GUDANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) 30/4 iTi JUTLANOtA 3162 4/5 21/5 23/5 24/5 26/5 E II D II E R XIII I 1 NOTE: 1) SOU —IE HAVRE/BELFAST/LISBON/BILBAO 2) RTM PARIS
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      313 35 °BSA° TRANSPORTATION MYANMA M FIVE STAR UNE (Myanmar National Line) Loadmg for Yangon (Ranfoon) Spore P.KIc PGd l «OUI VI IS* 04/0 C May f« UI VI 90*1 09/11 May ■AGAN VI97W 15/17 May •ATHON VI23W 17/19 May MALAYSIA AGENTS BOUSIEAO SHPPOK AGENCKS KUL TEL 03-*****00 PRE: TEL 03 JMS7S7
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      57 37 1 #C" VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 OCEANIA PORTS REGULAR GROUP AGE lcl consolidation AUCKLAND SYDNEY import export heLBOURNE FREHANTLE SERVICES W FOR BOOKING St SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CX3HNSOL PTE LTD TOLL-FREE TEL: 1800 *****66
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      2395 38 Full Container Moneys Agents: Liner Services Tft m f.t. cm»i /<*»«« iummr*i Booking Axeirtv G«m 6M* Shipping S* Bhd Chung Chuo Skipping bon una V® ji iff h Juanda /M/ 14 />„i lf Chiiuiina W< IM rnMM B—kmt Centre 54a BM 58 Persiaran Rap Muda Musa Lot 3.34. 3rd Floor.
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      585 39 ipping Times, Thursday April 2$ IM3 FAMOUS CONTAINER LINES I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 I I HOT LINE: *****33 (24 LINES) I I GOTHENBURG/SCAN 03/05 ROTTERDAM 03/08 II AARHUS/COPENHAGEN 03/05 HAMBURG/BREMEN 03/08 II MARSEILLE/FRANCE 03/05 FaiXSTOWE/UK 01/05 II BARCELONA/SPAM 03/05 LEHAVRE/fRAWCE 03/08 II GENOA/ITALY 01/05 ANTWERP/BELGIUM
      585 words
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      562 39 UTEL: *****33 (12 LinM) FAX: *****15/*****03 TELEX: R8 ***** RIBHIP (3 Line#) W L§t\ ETHIOPIAN SHIPPING LINES II f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL I VESSEL IvOY ETA LOAOiWG FOR I I SPORE ABYOT 12WB 29/05 DARESSALAAM MOMBASA DJIBOUTI I ASSAB. MASSAWA I NETSANET 30WB 30/06 PJI6<X
      562 words
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      994 39 pAKARTA I I I f|H| NY M Ml B* W 1 XR* > .W*. H —I I lAAIA mm 75S 4 5 MM) Mil 73M fit 30/4 Ml 3/5 I THAMABHUM 2K FTs V 5 NMIIA BHUM iM. _J2« IZ5_ ;-J I I— QM6OM SEHTOSA 33M Ut 1/5 Ty« 4/5
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      988 40 *A*MN CONTAINER LINES il3=/\HJA9WIW: MAC-NELS SPORE: *****22 (20 LINES) SIBU: (084) *****9 sK2fv a°n «1?79fi70 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA. (31) *****0 COMPETITIVE RATE TO HONG KONG 3 SAILINGS WEEKLY DEPARTURE EVERY:(TUES/THURS/SAT) FOR ROOKING, PLS CALL oooooM-JIIII-MIIO, ,lftMES r WEE SIM. JO I m\fm MMf PEN: 8378*t/t***** JKT:
      988 words
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      227 40 p* BLUE STAR UNE|| SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML LYT SM FGUARD BAY 2S 30/4 13/5 15/5 1/8 PROSPECT 24S 12/5 25/5 27/5 12/6 N 2 STAR 7S 25/5 €/6 S/6 25/6 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW
      227 words
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      978 40 THONG SOON UNES PTE. LTD. Mi 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 T£L: *****88 FAX NO: *****11, *****22 WBBm TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIOHAL/CONTAIWER BOOKING LINE: *****66 SINGAPORE TO SARAWAK rasa ww [store Idest vessel Ivot [spore best EOUATOR JAOE 76/3E 01
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      57 43 —j I The Beeufcte Housekeeper -this hotel I O vvur 1 I I wants is me. Bob I'll never nglest L. Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The new Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS
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      18 43 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. m Business Times WEKMOWASH
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  • Page 43 Miscellaneous
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      312 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) SUNDAY'S TIDES 12 12 12 1.3 U 1.9 22 2.5 2.5 2.4 2.0 1.0 12 0.9 0.7 0.7 0.9 12 1.7 2.1 2.4 2.4 22 2.0 ff 12 12 12 12 1.5 1J 22 2.4 2.5 2.3 2.0 LS 12 0.9 0.7
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      1540 44 EES FREIGHT SERVICES PTE LTD! lpa r\ #01-60 Wallich Building, Singapore 0207 WOOD LINE AH3 3d Tel: *****66 (10 Lines) Fax: *****69/*****44 I VVVVU I AIRPORT OFFICE: *****11 *****13 (FAX) SOUTHERN AFRICA SERVICE I rnAll lie I I IMPORTING FROM USA I •VWIA ***** 3/5 19/5 26/s 3/6 I WE
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      300 44 WORLDGATE EXPRESS UNES PTE LTD Tel: *****11 Fax: *****73 Telex: ***** WGATE NEXT VESSEL CONSOLIDATION TO BOM/KAR/MAD 1/5 KEELUNG 5/5 COLOMBO 3/5 HONGKONG 3/5 PORT LOUIS 6/5 KAOHSIUNG 1/5 CHITTAGONG 1/5 BANGKOK 1/5 CALCUTTA —30/4 PKG/PEN 1/5 TORONTO 5/5 JAKARTA 3/5 BANGLADESH SHIPPING CORPN. REGULAR SERVICE TO/FROM CHITTAGONG VESSEL VOYAGE
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      790 45 A HYUNDAI I MERCHANT MAB 'rrpmß|gß^J WESTBOUND TO EUROPE I VESSELS VOY PfM PKE PSD VESSELS VOY_ SW HTM ANT* IDT HAM BRE| FEL_ MM ADVANCE ?7/04 28/04 29/04 SI MARMER 304 M 02/05 21/05 22/05 23/05 23/05 23/05 25/05 HMM ADVANCE 16A 04/05 05/05 06/05 H. EXPLORER 305W 09/05
      790 words
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      523 45 I STRUTS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS I VESSEL NT V 1 UK It I maketcr" its in mm su I CBSMC PMMER 2* T SLB I CMK TIAMI 37 M/« I CMK CSBLLEMER 8 lt/S 12/S I CMK MASTER 20 I 1(
      523 words
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      Page 45 Advertisements Column 3
      1066 45 I OUR USA II EF —F —l m nTo l lu 1°" I"* m |S' I"™ I™ SERVICE CALLS I Liwbium tiTiT HLUtoi muk> «iu«i kmk »/h »/h m/« n/« »/K ?7/»s n/e SINGAPORE I Lfinn —i K7M "mm wciotr imx u-um m/» mm «/w w/w w/w DIRECT EVERY I
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      6 46 TYV ETING Tomorrow in Business Times
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      Page 46 Advertisements Column 2
      56 46 v.- If I MARKETING I Tomorrow in Business Times Fly Finnair's new MD-11 the world's most technologically advanced aircraft Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. know
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