The Business Times, 13 May 1993

Microfilm: NL18527
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times WE KNOW ASIA MITA (P) 552/12/92 Thursday May 13 1993 75«
    14 words
  • 2am LATEST
    • Article
      Lock icon Republicans propose US stimulus plan
      62 1 Reuter WASHINGTON Several Republican senators proposed an alternate stimulus plan that they said would create 800,000 new jobs through a series of tax and spending cuts. Republicans sunk President Bill Clinton's jobs stimulus Bill last month with a filibuster. "This plan is about creating new,
      Reuter  -  62 words
    • Article
      Lock icon US to stand firm on Bosnia: Christopher
      53 1 AFP UNITED NATIONS US Secretary of State Warren Christopher said Washington would not be deterred if Bosnia's Serbs vote against a UNsponsored peace plan in a referendum this weekend. But he acknowledged that a "no" vote would be another setback for the Bosnia
      AFP  -  53 words
    • Article
      Lock icon Israel may offer more peace gestures
      54 1 Reuter JERUSALEM Foreign Minister Shimon Peres said Israel would consider further gestures to Palestinians to help struggling Middle East pcace talks. He said he hoped Israel would be able to reach a joint declaration of an agenda with the Palestinians before the current round
      Reuter  -  54 words
  • Article
    MARKET SUMMARY
    114 1 Stock market indices Wednesday Change STII 1,828.58 34.54 KLSE Composite 712.67 +1.68 Nikkei 20.615.20 -325.17 Hang Seng 7,002.60 +'60 63 SET Index 865.65 +15 30 Jakarta Composrte ...319.12 +2.71 CLSA China B 1.268.10 -5.22 Ausl All Ord 1,695.7 +8 3 FTSE 100 2.860.8 24.7 Wednesday Previow I lam
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  • Article, Illustration
    S'pore and HK markets soar to new highs on China news
    538 1  -  By Paul Leo SINGAPORE The Singapore and Hongkong stock markets soared to record levels yesterday as investors responded to positive news from China. The benchmark Straits Times Industrials Index shot up 34.54 points its biggest single day gain in
    538 words
  • Article
    Lock icon Thai Premier orders nationwide inspection of factories
    139 1 AFP BANGKOK The Thai government ordered a nationwide inspection of industrial plants amid mounting outrage yesterday over accusations of gross disregard for safety measures in a Bangkok toy factory where at least 220 workers perished in a fire. As grisly details emerge of
    AFP  -  139 words
  • Article, Illustration
    Morgan Grenfell persuading directors who quit to stay
    534 1  -  From Catherine Ong Magdalene Ng BRITISH merchant bank Morgan Grenfell pic is trying to persuade five directors who have just quit its Singaporebased Asian operation to stay on. Chairman John Craven, who (lew to Singapore from London on Tuesday night, also assured
    534 words
  • Article
    US presence crucial to stability in Asia, says Miyazawa
    403 1  -  From Yang Razali Kassim in TOKYO JAPAN yesterday called on the United States to maintain its presence in Asia. Prime Minister Kiichi Miyazawa said the engagement of the US was crucial to the stability and prosperity of the region, widely described
    403 words
  • Article
    Indonesian timber giant to raise US$ 300m in listing
    498 1  -  From William Chia in JAKARTA INDONESIAN timber giant Barito Pacific plans to raise US$3OO million (SS4B3 million) through a listing on the Jakarta Stock Exchange. The move, which will add more than 10 per cent to the value of the market,
    498 words
  • Article
    OUB to buy all of Chase's credit card business in Singapore
    386 1  -  By Quak Hiang Whai SINGAPORE Overseas Union Bank (OUB), the only Big Four local bank not issuing its own credit cards, is buying over Chase Manhattan Bank's entire credit card business in Singapore for an undisclosed sum. The two
    386 words
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      192 1 I Burberrysl Reigns when it pours x>«* *x *x***xxxx*xxxx»i>«.*.x CONTENTS News Law 23 Spore News 2 Caw»»win Regional News 3,4.6 SporeMsu 9.10.11 World News 7,8 Financial 13 Fntvn Analysis 25 Karlwts E (Mortal 24 Ctob/KLSL StS 17.18 Sports 19 Reponal/World —15 TVArfestyte 20 Hongkong/Tokyo ..16 Irwwaton/Tech ...22 Sunex/Commo 14 Subscription
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      10 1 The Law Page Legal slip that proved disastrous Pg 23
      10 words
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      17 1 nock Lock Siew i J STIC biting of) more I lion itViw 9 Bankers shocked, Pg 13
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      100 1 The Bottom Line ll No let-up in graft busting zeal Back Pg Indonesia to revamp investment rules to woo foreigners, Pg 3 0 China's condition-free MFN status in grave doubt, Back Page $L Seiko. jj^Lg jib; i' <S ■jAk, 5, JD EsSr j^H' a9l JHSuTt k I^B 4aß B» al
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      2 1 A RODENSTOCK
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Domestic loan demand still weak
        292 2  -  By Teh Hooi Ling BANK LOANS to non-bank customers grew 8.6 per cent year-on-year in February. Total loans amounted to $70.1 billion, of which about 28 per cent went to the building and construction sector. Housing loans made up about half the loans to the
        Source: MAS  -  292 words
    • Article, Illustration
      SM Lee: China too large a market for S'pore businessmen to ignore
      796 2  -  The Singapore delegation's visit to Suzhou Reports Amy Balan in SUZHOU SINGAPORE businessmen must keep a balanced approach to overseas investment but it will be hard to ignore China, said Senior Minister Lee Kuan Yew at the end
      796 words
    • Article
      S'pore firms involved in three property projects
      248 2 THE Singaporean penchant for property has reached Suzhou. Three major property projects with Singaporean involvement have been committed or are being negotiated with Suzhou partners. Piling has already begun on a USSSO million (SsBo million) commercial, retail and residential complex being developed by
      248 words
    • Article
      3 S'pore firms tie up with Suzhou firms
      503 2  -  From Yong Row Ang in SUZHOU SINGAPORE investment in the Chinese city is set to rise now that government-backed SLF International has decided to go ahead with an investment in an industrial township there. Following the signing of an in-principle agreement between
      503 words
    • Article
      Taiwan tour agencies squeezing local ones
      470 2  -  S'pore hoteliers and tour operators unhappy with rock-bottom pricing By Hong Lee Tiam SINGAPORE inbound tour operators are being squeezed by the rock-bottom pricing of Taiwanese tour agencies organising trips to Singapore. Although hoteliers and tour agents here are unhappy, many say they have
      470 words
    • Article
      US printer seeks venture partners to expand in region
      281 2 AMERICAN-BASED RR Donnelley (Singapore) Pte Ltd. is scouting for joint venture partners in its expansion plans for the Asia-Pacific region. David McGrew. senior vice-president of Donnelley's Asia-Pacific arm. said the company is now actively looking for joint venture partners in China.
      281 words
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      102 2 f Capture your precious moments DESIGNTIME DESIGN TIME (S) PTE LTD Tel: 47J»7J3 SINGAPORE EXPORT SHOWCASE IMM BmJdiaf SINGAPORE SHOWCASE Crane Cam Oiti Aapcrt T'wml 2 J DmjnCaart EMPRESS SHOWCASE Empress Placc -1-J J L Includes deluxe accommodation, full American Breakfast, free skuttle service to World Trade Centre, 24 kour
      102 words
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  • THE REGION
    • Article
      Lock icon Thai decision to vary terms on motorway deal angers investors
      394 3 Move likely to hurt efforts to finance other projects FT j BANGKOK A decision by the Thai government to vary the terms of a US$l billion (551.61 billion) elevated motorway contract for Bangkok just as the road is due to
      FT  -  394 words
    • Article
      Lock icon Vietnam rules out talks on historic land disputes with Cambodia
      251 3 AFP HANOI Vietnam yesterday said it is prepared to sit down with the future elected government of Cambodia and discuss recent territorial disputes, but made clear that land absorbed in earlier centuries is not up for negotiation. "The issue of
      AFP  -  251 words
    • Article
      Japanese investors' interest in Asean waning: poll
      445 3  -  By Teh Hooi Ling SINGAPORE Fewer Japanese companies want to invest in Asean nations, according to a survey by the Japan External Trade Organisation. Of 507 companies surveyed in September 1992. about 14 per cent indicated interest in investing in one or more
      445 words
    • Article
      Lock icon Indonesia plans to revamp investment rules to woo foreigners
      346 3 Reuter JAKARTA Indonesia is reviewing its investment rules to attract foreign investors to South-east Asia's largest country. "We must improve our investment climate as far as we can, but we must also guard our national interests too," Investment Minister Sanyoto Sastrowardoyo
      Reuter  -  346 words
    • Article, Illustration
      Lock icon NAM seeks renewed North-South dialogue on new footing
      413 3 Non-Aligned Movement meeting AFP Reuter NUSA DUA. Bali The Non-Aligned Movement is ready to relaunch North-South dialogue but before doing so wants to make sure it has all the necessary facts and figures to back up its arguments. Its 37-member Standing Ministerial
      AFP; Reuter  -  413 words
    • ASIA NOTES
      • Article, Illustration
        Lock icon A closer look at Manila blast
        57 4 Reuter MANILA A bomb expert inspecting the damage caused by an explosive on the window of an overloaded bus in a Manila suburb on Tuesday. The bomb exploded on a terminal platform, injuring at least four people. Another bomb went off inside a carriage
        Reuter  -  57 words
      • Article
        Lock icon No S-E Asia arms race, says Jakarta
        82 4 AFP JAKARTA Indonesia's air force chief has brushed off any idea of an arms race in South-east Asia, saying his country's purchase of 24 British-made jets was just to refurbish the armed forces. "There is no arms competition at all," Air Marshall Rilo
        AFP  -  82 words
      • Article
        Lock icon US traders want Viet embargo lifted
        67 4 AFP MANILA An influential organisation of US businessmen in the region yesterday sought the lifting of the US trade embargo on Vietnam and warned against imposing any sanctions on China. The Asia-Pacific Council of American Chambers, which includes 40.000 businessmen and over 6,500 companies,
        AFP  -  67 words
      • Article
        Lock icon Seoul to promote 15 key industries
        61 4 Reuter SEOUL South Korea said it had picked 15 industries out for special nurturing over the next five years, assigning growth targets and providing soft loans to boost them when necessary, the trade ministry said. The official said the aerospace, semiconductor, computer, consumer electronics
        Reuter  -  61 words
      • Article
        Lock icon Thai officers in 1992 crackdown sued
        85 4 Reuter BANGKOK One year after the pro-democracy protests in Thailand, relatives of the dead, injured and missing are suing the men behind the violence for 23.09 million baht (SSI.S million), newspapers said yesterday. On Tuesday, 36 relatives filed suit in Civil Court against the
        Reuter  -  85 words
    • Article
      Lock icon China bond flop could spark inflation, says paper
      288 4 Reuter BEIJING Less than 20 per cent of a 30 billion yuan government bond issue for 1993 has been taken up, and this could lead to inflation and a wider budget deficit, a Chinese newspaper reported. The China Youth Daily quoted Wang
      Reuter  -  288 words
    • Article
      Lock icon N Korea rejects inspections, says UN sanctions amount to declaration of war
      422 4 AP Reuter TOKYO North Korea yesterday officially rejected a UN resolution asking it to open military sites to nuclear inspectors, accusing the Security Council of interfering in its internal afTairs. Talk of possible sanctions for failing to heed
      AP; Reuter  -  422 words
    • Article, Illustration
      Lock icon Pardon me, sir, but your slip is showing
      38 4 Reuter MELBOURNE A Melbourne billboard of 17-year-old schoolboy Vadim Dale promoting boxer shorts. Inlike similar billboards depicting scantily clad women promoting lingerie, there were no cries about sexual exploitation. Reuter
      Reuter  -  38 words
    • Article
      Lock icon Call to fire S Korean PM over coup remarks
      409 4 AP SEOUL South Korea's main opposition party yesterday demanded that President Kim Young Sam fire his prime minister for remarks seen as supporting a 1979 army coup. The remarks, which called the coup "not illegal", touched off a storm of protest
      AP  -  409 words
    • Article
      Lock icon Economic ties to dominate Viet PM's agenda in S Korea
      382 4 Reuter HANOI A fast-growing economic relationship that is likely to develop rapidly in the near future marks today's first visit to South Korea by a Vietnamese government leader. Vietnamese officials and Korean diplomats said Prime Minister Vo Van kiefs four
      Reuter  -  382 words
    • Article
      Lock icon China's economic zones — where investor is god
      455 4 China's economic zones where investor is god AFP YANTAI. China Local governments the length of the Chinese coast are rushing to learn public relations skills as mushrooming development zones create intense competition for foreign funds. China established its first special economic zone in Shenzhen in Guangdong province in 1979 as
      AFP  -  455 words
    • Article
      Lock icon Top policeman questioned in Seoul graft probe
      282 4 Reuter SEOUL South Korean prosecutors, widening their probe into graft, yesterday said they were questioning one of the country's top police officers, suspected of taking kickbacks from corrupt gaming machine operators. "Prosecutors summoned the National Policc Administration's senior superintendentgeneral Chon Ki Ho on
      Reuter  -  282 words
    • Article
      Lock icon Japanese govt urges business leaders to import more
      349 6 AP TOKYO With Japan's trade surplus at an all-time high, the government has called in executives from 177 of the nation's biggest corporations to deliver what has become a well-worn message please, buy foreign. Trade Minister Yoshio Mori made the "heartfelt" pitch
      AP  -  349 words
    • Article
      Lock icon Signs of recovery in Japan's economy
      232 6 Reuter TOKYO Japan's economy is now showing signs of recovery, according to an Economic Planning Agency (EPA) report, but this does not mean it has bottomed out. This is the first time the EPA has mentioned recovery in its monthly report during the current
      Reuter  -  232 words
    • Article
      Lock icon Tokyo labour market likely to remain tight
      380 6 Reuter TOKYO Japan's labour market will remain tight in the next few months because concern about the adverse effects of the strong yen means companies are reluctant to hire more workers. The Labour Ministry said yesterday that the economy is expected to regain
      Reuter  -  380 words
    • Article, Illustration
      Lock icon Foreign firms delay investing in Pakistan
      328 6 Reuter KARACHI Fears of instability after the dismissal of Pakistan's reformist prime minister Nawaz Sharif have frightened off new foreign investors but established firms say the change will have little impact. "New foreign investment will slow down until the elections." said Khalid Ali, executive
      Reuter  -  328 words
    • Article
      Lock icon Indian trade policy leading to higher deficit: report
      346 6 Reuter NEW DELHI India is racing into the jaws of a debt trap because economic reforms have increased imports but not exports. A parliamentary committee report released this week said that India had for decades stressed self-reliance and kept imports to a
      Reuter  -  346 words
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      172 3 MORE THAN BANKERS, BimN E S S PjM* TNE R S /All Treasury desks provide a wide range of products. But at Standard Chartered, we offer one unique extra: Partnership. We do this by forging long-term relationships with our clients, which are based on trust, mutual understanding and commitment. Why?
      172 words
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      105 4 Before you take your first step, we take 250. SINCE 1873, Church Company has to elegant -g-— —Available at IsetanOrchard, Robinsons, been producing classic English shoes. city shoes Some 250 stagesgo into the making of and relaxing J For your copy of our latest brochure, a pair as they are
      105 words
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      11 4 The Bottom Line: Kim's anti-graft crusade claiming high casualties. Back Pg
      11 words
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      250 4 Take that >l First Step (7) with J r World Wide.../r|j^ f/\.. and soar above /y your competitors. These days, ro sroy successful in business one has ro hove rhe right stuff' /pf ro maintain rhat compennve edge /jr The right stuff means having ro coptivare f rhe right imoge.
      250 words
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      197 5 81 I ■hSHB^vA^HBHIS^^H RJ Jjj^H wit?*' T JS m^*'^ 9BKLV^SH "JMt Xfll SOLE AGENT SERVICE CENTRE: W •E'L'L'T'l'M'E SINGAPORE PTE LTD 435 Orchard Road #12-01 Wisma Atria. Singapore 0923 Tel *****1 1 Authorised Dealers All Watches Leather Pte Ltd Tel *****73 Asia Watch Centre Pte Ltd Tel: *****08 C K
      197 words
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      102 6 ISN'T IT TIME YOUR SAVINGS WORKED AS HARD AS YOU DO? UNITED GROWTH FUND TAKES YOUR CPF SAVINGS FURTHER. j Yes, I would like to know more about United Growth Fund Here are my particulars Name Address |/C No Tel (O) (R) g I would also like more information about
      102 words
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      319 6 Tap the earning potential of your CPF savings with the UOB Group's United Growth Fund. Have you ever thought about the returns you are getting on your CPF savings? Now, through United Growth Fund, you have an exciting opportunity to enhance your CPF returns Because United Growth Fund puts your
      319 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Miserable conditions fuel Asia's boom
      635 7 Bangkok factory tire Reuter HONGKONG While businessmen boast of Asia's economic success, many of the workers who have helped build it slave away in miserable conditions for pitiful wages. As the bodies of over 220 workers were removed from the charred rubble of a toy
      Reuter  -  635 words
    • Article
      Lock icon Locked doors kept workers inside death factory
      435 7 Reuter BANGKOK The 220 Thais, mostly young women, who died on Monday in history's worst factory fire, had been locked in to prevent pilferage, security guards at their stufied-toy-making sweatshop near Bangkok said yesterday. "It's not our fault," a female guard told Reuters.
      Reuter  -  435 words
    • Article
      Lock icon Disaster has little financial impact: factory owners
      471 7 Reuter HONGKONG The Hongkong owners of a Thai toy plant where at least 220 workers, mostly young women, died in history's worst faetory fire said yesterday the disaster would do their firm's finances little harm. Kader Holdings Company Limited, which has a 40
      Reuter  -  471 words
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      122 7 a g*J B FOR $18 0, AIR FRANCE WILL CONNECT EUROPE FOR YOU. 11* h WSSwn -^G«3£HSV^?S 7fS>3k.X^*3m* SBF ■< jr k v\ %MF ***ZJEBK tJ-jjgflß Jg«igB[ IKl# $T OF*^S3B3 fx j*aM>S|p ww?jfflH > -/fIHHHHHHHHHHiiIBc«. ntf**-- EURO-FLYER PASS THE NEW, EASY AND ECONOMICAL WAY TO SEE EUROPE. With our Euro-Flyer
      122 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Thatcher to meet China representative
        53 8 Bloomberg Business News HONGKONG Former British prime minister Margaret Thatcher will hold talks today with China's top representative in Hongkong, Zhou Nan, during a three-day visit to the territory. Lady Thatcher, due to arrive yesterday evening, is visiting as a guest of Governor Chris Patten.
        Bloomberg Business News  -  53 words
      • Article
        Lock icon US wholesale prices up 0.6pc
        68 8 Reuter WASHINGTON US wholesale prices jumped 0.6 per cent in April, the sharpest rise in 2Vi years, largely due to higher vegetable costs after winter storms, the Labour Department said yesterday. Excluding volatile food and energy costs, the core rate of the producer pricc index
        Reuter  -  68 words
      • Article
        Lock icon EC to monitor Nafta's Gatt aspects
        87 8 Reuter BRUSSELS The European Commission has reserved judgment on the compatibility of the proposed North American Free Trade Agreement (Nafta) with Gatt rules to sec how it works in practice, a Commission spokesman said yesterday. He said the European Community's executive had approved a
        Reuter  -  87 words
      • Article, Illustration
        Lock icon That's what consorts are for
        54 8 Reuter LONDON The Queen shrugging her shoulders after discovering that she had forgotten to take along her glasses on her visit to the Commonwealth Institute's centenary celebrations on Tuesday. The Queen paused briefly and said, "1 am going to ask my husband to read my
        Reuter  -  54 words
    • Article
      Lock icon Waigel likely to leave Cabinet to vie for Bavarian premiership
      295 8 Reuter BONN German Finance Minister Theo Waigel seems likely to quit Bonn and return to his native Bavaria as state premier if he can win the support of his own Christian Social Union party. Mr Waigel's road to Munich appeared
      Reuter  -  295 words
    • Article
      Lock icon Washington aiming for global market-opening pact by July
      511 8 Reuter WASHINGTON US Trade Representative Mickey Kantor has said that the US aims to reach a broad global marketaccess accord by July but other aspects of a pending world trade reform agreement need improvement. He told a Senate appropriations subcommittee on Tuesday
      Reuter  -  511 words
    • Article
      Lock icon Yeltsin takes steps to get Charter passed
      289 8 Reuter MOSCOW President Boris Yeltsin has called for the establishment of a special assembly to pass a new Russian constitution, riding roughshod over the Parliament that has hindered his reforms for more than a year. But Mr Yeltsin, who has established his popular
      Reuter  -  289 words
    • Article, Illustration
      Lock icon Tears for victims of war
      58 8 Reuter ZAGREB The renewed fighting between Muslims and Croats in Bosnia-Herzegovina is taking its toll on those who are not on the front-line too. At a demonstration on Tuesday in the Croatian capital here, a refugee boy burst into tears when a fellow protester was
      Reuter  -  58 words
    • Article
      Reports of royal phone tapping raise political storm in London
      415 8  -  From Neville Stack in LONDON A POLITICAL furore has flared up over allegations by newspapers that the residences of the royalty and ministers are routinely "bugged" by the security service. MI 5. The alleged transcript of an argument between the
      415 words
    • Article
      Lock icon Italian PM faces confidence vote
      205 8 Reuter ROME Italian Prime Minister Carlo Azeglio Ciampi faced a confidence vote in the Senate yesterday with financial markets watching nervously after a threatened revolt by some of his allies. Although the vote was still widely assumed to be a foregone conclusion in his favour,
      Reuter  -  205 words
    • Article
      Lock icon 250,000 workers walk off jobs in eastern Germany
      384 8 AFP KnightRidder BERLIN A quarter of a million metal workers walked off the job yesterday in the first nationwide show of strength by German organised labour in 60 years, baeking a 10-day-old strike that is now set to spread aeross eastern Germany.
      AFP; Knight- Ridder  -  384 words
    • Article
      Lock icon Russia uses first veto since 1984 to kill Cyprus draff
      395 8 Reuter UNITED NATIONS Russia stunned the UN Security Council on Tuesday by casting its first veto since 1984 to kill a British resolution aimed at reforming the financing of the UN Peacekeeping Force in Cyprus (Unflcyp). All 14 other council
      Reuter  -  395 words
    • Article
      Lock icon French PM's economic plan under fire from opposition
      398 8 Reuter PARIS France's opposition Left and trade unions pounced on the new conservative government's first major policy move on Tuesday, saying its economic belt-tightening plan would punish workers and stifle economic growth. "It's pretty scandalous." said Socialist Party leader and former premier
      Reuter  -  398 words
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      450 8 GOLDEN PLUS HOLDINGS BERHAD (Incorporated In Malaysia) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Company will be held at the Kedah Room, Basement 2, Shangri-La Hotel, 11 Jalan Sultan Ismail, ***** Kuala Lumpur on Thursday. 27th May, 1993 at 11.00 a.m
      450 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      M Credit selling 1 Balmoral to cash in on buoyant market
      373 9  -  By Sylvia Wong SINGAPORE Malayan Credit has decided to sell all 43 units in its condominium project at 1 Balmoral Road, instead of leasing them as planned. General manager Ang Ah Lay said yesterday that the boom in property
      373 words
    • Article
      San Teh to build factory in Selangor
      199 9 SINGAPORE Sesdaq-listed San Teh, one of the world's largest maker of rubber keypads for computers, has bought a 4.3-acre site in Selangor for a new factory. The company said yesterday that its Malaysian subsidiary San Teh Industries Sdn Bhd (STM) purchased the plot
      199 words
    • Article
      Jaya raising $23m through dual rights issue
      220 9 SINGAPORE Shipping firm Jaya Holdings is looking to raise $23.2 million through a dual rights issue announced yesterday. The first portion of the proposed issue is for 520.9 million principal amount of 3 per cent convertible loan stock, due in 1998. Shareholders can
      220 words
    • Article
      SIA may fly direct to Mongolia
      152 9 SINGAPORE Singapore Airlines and the Mongolian aviation authority are expected to sign an agreement this month that could lead to direct flights between the two countries. Such flights would facilitate trade and bring Singapore in- vestors to help develop the country's vast natural resources
      152 words
    • Article
      Did STIC bite off more than it can chew?
      957 9  -  HOCK LOCK SIEW By Agnes Chen SINGAPORE The food was good, but the same couldn't be said of the share offering. That was the feeling among analysts and fund managers at Monday's launch of Singapore Technologies Industrial Corporation's (STIC) initial public
      957 words
    • Article, Illustration
      OCBC's capital reserves surge past $lb mark for first time
      306 9  -  By R Sivanithy SINGAPORE OCBC Bank's capital reserves have surged past the $1 billion mark for the first time, mainly because of a rights issue late last year. Its capital reserves stood at SI. 11 billion at Dec 31 38
      306 words
    • Article
      OCBC gets nod to upgrade Tianjin office to its third China branch
      351 9  -  By Schutz Lee SINGAPORE OCBC Bank will soon upgrade its representative office in Tianjin to a branch its third in China after those in Xiamen and Shanghai. The governor of the People's Bank of China. Li Guixian. had
      351 words
    • Article, Illustration
      Lock icon SUMMARY
      355 9 Source: Bridge Info Performance of STII's index stocks May 12 I JIM Muse Index Mock sale Chmt factor nosers (S) (S) S Ac into 2 350 0 100 1.80 4.05 C'&t 7.450 0 200 5 70 8 10 crchos s 200 -0050 3 98 -2.02 FitN II «>oo 0
      Source: Bridge Info  -  355 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Latest tenant at Trademart Singapore
          94 10 SINGAPORE Philippine handbag designer Cora Jacob has become the latest to sign up for tenancy at Trademart Singapore, a former warehouse which is being refurbished at a cost of $55 million into a fashion centre. The centre is owned by listed companies Parkway Holdings and
          94 words
        • Article
          Horiguchi buys apartment
          60 10 SINGAPORE Horiguchi Engineering said yesterday it had sold off the previous residence of its managing director Kimiko Kasuya at Asimont Garden for $1.15 million. The company later bought a larger apartment at Vermont I on May 12 tor $1.27 million. Horiguchi said the net profit from the
          60 words
        • Article
          SBS listing new shares
          31 10 SINGAPORE Singapore Bus Service yesterday announced it had received in-principle approval from the Stock Exchange ot Singapore to list 12.4 million new shares from its bonus issue.
          31 words
        • Article
          Bonus issue will lower Tibs' NT A
          37 10 SINGAPORE Tibs Holdings said in a circular to stockholders yesterday that its net tangible asset per share would fall to 164 cents from 197 cents after its l-for-5 bonus issue.
          37 words
        • Article
          Lock icon Taipei bourse to downgrade Acer shares
          88 10 Bloomberg TAIPEI The Taiwan Stock Exchange has made a preliminary decision to downgrade the classification of Acer Inc, Taiwan's largest manufacturer of personal computers. A TSE committee on listings recommended yesterday that Acer and three other companies be reclassified to Category B shares from
          Bloomberg  -  88 words
      • Article
        Siam Cement ties up with leading Philippine tile maker
        451 10  -  Bid to dominate Asean's ceramic tile industry From Al Labita in MANILA THAILAND'S Siam Cement Group has forged an alliance with Mariwasa, the Philippines' largest tile maker, in a bid to dominate Asean's ceramics tile industry. The partnership was arranged through
        451 words
      • Article
        UNIT TRUSTS & FUNDS
        430 10 UNIT TRUSTS FUNDS Managers' pricM(S) May 13 Prudential Singapore Unit Trust y F und 1,5 ThcCommcrcc i.37 1.44 MARA-Bumiputra The Savings Fund 1.21 1.27 First B'putra 1.82 l.87cd S'porc Prog Fund 0.57 0.60 Second B'putra 1.77 I 82 S'pore Sec Fund 0.90 0.95 Third B'putra 6.17 6.22 S'porc Invest Fund
        430 words
      • Article
        Lock icon Coming: video games played word wide on home-screens at same time
        283 10 Bloomberg Business News TOKYO Japan's Sega Enterprises has come up with a way for video game jocks to pit their skills against one another from four separate units anywhere in the world. The technology is being incorporated in an
        Bloomberg Business News  -  283 words
      • Article, Illustration
        Lock icon Want to buy a Samsung TV, comrade?
        60 10 Reuter HANOI A Vietnamese walking past dozens of Korean-made Samsung black-and-white televisions for sale in Hanoi. South Korea is V letnam s fourth largest investor behind Taiwan, Singapore and France. V ietnamese Prime Minister Vo Van Kiet is travelling to Seoul today for
        Reuter  -  60 words
      • Article
        Lock icon Ayala Land plans to spend 3b pesos on projects
        173 10 Reuter MANILA Philippine property firm Ayala Land Inc, a unit of Ayala Corp, said it would spend 3 billion pesos (S$ 179 million) over the next three years on new and existing projects. Ayala Land president Francisco Licuanan said the company
        Reuter  -  173 words
      • Article
        Lock icon Impractical to keep bumiputra bourse, M'sian parliament told
        276 10 Bernama KUALA LUMPUR It does not make sense to maintain the Bumiputra Stock Exchange (FSB) because only six companies are listed on it compared with eight when it was set up in 1981, Deputy Finance Minister Abdul Ghani Othman said yesterday. He
        Bernama  -  276 words
      • Article
        Lock icon Malayan Cement in joint venture to build Johor cement grinding plant
        210 10 Bernama KUALA LUMPUR Malayan Cement Bhd has entered into a 51-49 joint venture to set up a MS 120 million (5575.6 million) cement grinding plant in Pasir Gudang, Johor. It said yesterday that its associate company, APMC Enterprises Sdn
        Bernama  -  210 words
      • Article
        Indon cigarette makers' incomes up despite dearer cloves
        324 10  -  From Maggie Ford in JAKARTA INDONESIA'S two listed makers of kretek cigarettes turned in earnings above expectations last year, despite a huge rise in the price of cloves. PT HM Sampocrna, the smaller of the two. lifted net income 51 per cent
        324 words
      • Article
        Lock icon Citic Hongkong in US$ 800m deal to upgrade Chinese power plant
        404 10 South China Morning Post HONGKONG China International Trust and Investment Corp Hongkong (Citic Hongkong) has signed a letter of intent for a US$BOO million (551.29 billion) expansion of the Ligang power plant in Wuxi, Jiangsu province. Larry Yung Chi-kin,
        South China Morning Post  -  404 words
      • Article
        DIVIDENDS ANNOUNCED
        1519 10 Payment Ex Books Pay date close date Aetna F 7.5 Jun 10 Jun 22 Jul 5 Apollo F 2.5 Jun 21 Jun 25 Jul 15 Bousicad 50* I 7.5 Apr 22 May 7 Jun 4 B Raya F 3 May 25 Jun 9 Jul 8 Cathay Pac 20*
        1,519 words
      • Article
        Lock icon News Corp profits soar 133 pc to A$190.7m in third quarter
        702 11 Media group enjoys improved results in all major businesses Bloomberg Business News SYDNEY Rupert Murdoch's global media giant News Corp capped a remarkable two-year turnaround with a 133 per cent surge in thirdquarter after-tax profits to A 5190.7 million
        Bloomberg Business News  -  702 words
      • Article, Illustration
        Lock icon Head of Italy's biggest state firm held in graft probe
        283 11 Reuter MILAN Milan magistrates yesterday detained Franco Nobili, the head of Italy's biggest state company and the most senior business leader to be arrested in a 15-month corruption investigation. Nobili, 67-year-old chairman of the Istituto per la Ricostruzione Industriale (IRI),
        Reuter  -  283 words
      • Article
        Lock icon Japanese building industry suffers from political heat
        584 11 From Kanemaru to Kantor, the news has been bad Bloomberg Business News TOKYO Japan's construction industry has seen better days. The political kingmaker who once assured the industry of a constant supply of government mega-projects was found stashing millions of dollars in gold
        Bloomberg Business News  -  584 words
      • Article
        Lock icon Billionaire Packer may go shopping, but for what?
        378 11 Reuter SYDNEY Australian media tycoon Kerry Packer has pockets full of cash after dumping his stake in Westpac Bank and the markets are buzzing with talk of where he's shopping, and what for. Analysts believe Australia's richest man is sitting on a
        Reuter  -  378 words
      • Article
        Lock icon Fujitsu may sell Taiwanese Acer computers
        211 11 AFP TOKYO Stepped-up price competition in Japan's personal computer market may lead Fujitsu Ltd to sell low-priced computers shipped by Taiwan's Acer Inc. according to yesterday's Nihon Keizai Shimbun. The business newspaper said Fujitsu would take 1.000 to 2,000 IBM-compati-bles a month priced below
        AFP  -  211 words
      • Article
        Lock icon ICI sets £1.3b Zeneca issue at £6 in demerger arrangement
        344 11 Reuter LONDON Imperial Chemical Industries pic (ICI). unveiling details of Britain's biggest and most complex demerger yesterday, priced the £1.3 billion (about 553.2 billion) rights issue for demerged biosciences arm Zeneca at 600 pence per share, the top end of
        Reuter  -  344 words
      • COMPANY BRIEFS
        • Article
          Lock icon Manila utility firm suffers profit fall
          75 11 Reuter MANILA Public utility company Manila Electric Co (Meralco) said its net profit fell 29.8 per cent to 305.86 million pesos (about 5518.3 million) in the first quarter from 435.64 million a year earlier. The profit drop was due to power supply deficiencies from
          Reuter  -  75 words
        • Article, Illustration
          Lock icon Dressmaking with a mouse
          71 11 Reuter BLIJING CAD. or computer-aided design, is making its impact felt in China's dressmaking trade. Dressmakers at the silk section of a department store here were seen on Monday using a computer to design and preview different cuts and materials for their customers. CAD comes in
          Reuter  -  71 words
        • Article
          Lock icon Corporate members for bourse
          92 11 Bloomberg Business News NEW DELHI The Bombay Stock Exchange (BSE) will soon invite corporate bodies to become members. "We plan to take 100 new members of whom 25 would be corporate members and 75 individual members." said Bhagirath Merchant, a member of the governing board. BSE
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Try and try again
          88 11 Bloomberg Business News TAIPEI A Taiwanese government-controlled company that failed miserably in its first attempt to sell shares to private investors in January will again offer shares to the public with the help of a new securities firm. BES Engineering Corp. one of 22 companies involved
          Bloomberg Business News  -  88 words
        • Article
          Lock icon Body Shop's first drop in earnings
          78 11 Bloomberg Business News LONDON Body Shop International pic posted its first ever drop in earnings in the year ended Feb 28. as pre-tax profit fell to £21.5 million (about 5553.5 million) from £25.2 million a year earlier. In a statement, the UK retailer blamed
          Bloomberg Business News  -  78 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Simex may launch Brent crude oil contract this year
        508 13  -  London's IPE and Simex see benefits of listing Brent futures in Spore By Soh Tiang Keng SINGAPORE THE Singapore International Monetary Exchange may launch a futures contract this year for the world's most actively traded crudc oil, Brent crude. Simex has
        508 words
      • Article
        Bankers and brokers shocked, some say market will be affected
        388 13  -  Resignations at Morgan Grenfell Asia By Magdalene Ng SINGAPORE Bankers and brokers yesterday were shocked by the mass resignation of top officials from Morgan Grenfell Asia. "I was startled," a banker said. "The team has been loyal, most of them
        388 words
      • SMALL CHANGE
        • Article
          Lock icon Chinese firms buy stake in HK bank
          99 13 AP BEIJING Two Chinese foreign trade companies signed an agreement to purchase more than 30 per cent ot the shares ot a major Hongkong bank, an official newspaper said yesterday. The two state-run companies the China National Metals and Minerals Import and Export
          AP  -  99 words
        • Article
          Lock icon Hoare Govett opens in Sydney
          81 13 Bloomberg Business News Sydney Dutch-based investment bank ABN Amro has opened a Hoare Govett securities arm in Sydney. The brokerage arm will offer a full range of equity-related stockbroking and corporate advisory services to institutional and corporate clients, Hoare Govett Australia said in a statement
          Bloomberg Business News  -  81 words
        • Article
          Lock icon Japanese bank lending still sluggish
          104 13 Reuter TOKYO Lending by Japanese big banks remained sluggish in April with corporate and individual demand for funds still weak, a survey conducted by the Federation of Bankers Associations ol Japan said. Loans outstanding at the 11 big commercial banks, called city banks, stood at
          Reuter  -  104 words
        • Article
          Lock icon Merrill Lynch moves into lower gear
          112 13 NYT NEW YORK In another sign that the fizz is gone from the business of financing corporate takeovers and reorganisations. Merrill Lynch Co has told its partners in a five-year-old leveraged buyout fund that it will greatly reduce its participation in new loans and
          NYT  -  112 words
        • Article
          Lock icon Bank of France not yet independent
          71 13 IHT Paris The French Government announced on Tuesday its long-heralded plans to give the Bank ot France a large measure ol control over the nation's economic levers, but stopped short of saying it would become "independent" or "autonomous. Neither word figured in the text
          IHT  -  71 words
        • Article
          Lock icon DePfa-Bank makes rights offer
          65 13 Bloomberg Business News Frankfurt Germany's Deutsche Pfandbrief-und Hypothekenbank AG (DePfa-Bank) said it will raise 300 million deutsche marks (*****.8 million) in a one-for-four rights offer. It said the new common shares would be sold at 500 marks each. 1 he ofier. if fully taken up, will
          Bloomberg Business News  -  65 words
      • Article
        Lock icon Guangdong sets rules for futures industry
        139 13 Reuter BEIJING Guangdong province in southern China is drawing up regulations to govern its futures industry, one of the liveliest in the country, according to a leftwing newspaper in Hongkong. The Ta Kunft Pao said a powerful committee headed by provincial Deputy Governor Liu
        Reuter  -  139 words
      • Article
        Lock icon Laws to be changed to let Bank of China issue HK bank notes
        222 13 AFP HONGKONG Changes to Hongkong's banking laws to enable the Beijing-controlled Bank of China to issue bank notes in the colony will be put before the Legislative Council next month, it was announced on Wednesday. In a
        AFP  -  222 words
      • Article
        Lock icon Some Japanese insurers may face downgrading: SP
        223 13 UPI NEW YORK Despite Japan's current recession and considerable deterioration in its financial markets, Japan's insurance industry remains among the world's strongest. Standard and Poors said on Tuesday. However, several worrisome trends indicate further weakening of the industry which could lead to downgrades
        UPI  -  223 words
      • Article
        Latest US inventory report fails to rally oil futures in London, New York
        409 13 Bloomberg ENERGY REPORT LONDON Oil futures prices in London and New York were unchanged yesterday as traders shrugged ofT the latest US inventory report which showed lower crude oil and refined product stocks, but higher refinery runs.
        409 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        128 13 THE US$ opened little changed from the previous close in the absence of fresh factors. Trading was quiet, but the USS exhibited a firm tone throughout as bullish USS sentiment in the European currencies spilled over into the regional currency market. Against the SS, the
        128 words
      • Article
        Lock icon London
        180 13 Reuter LONDON The dollar closed firm in European markets yesterday with dealers looking for signs of US recovery and lower German interest rates. An unexpectedly large cut of 11 basis points in the Bundesbank repurchase rate drove markets, pushing the dollar to an early high of 1.6165 marks before
        Reuter  -  180 words
      • Article
        Lock icon New York
        86 13 AFP NEW YORK The dollar held steady against the major currencies vesterdav in light trading dominated by technical buying. Around 9.45 am. the dollar was trading at 1.6080 German marks against 1.6065 on Tuesday and at 11.80 yen against 111.45. Earlier in London, the dollar traded at 1.6115
        AFP  -  86 words
      • Article, Illustration
        Untitled
        1444 13 /rUiJ*' »cifhittJ inj> ,akulun J utuin\i S'pimr'% hip 14 riiidin* pwlnti> Bav tvar IW US$/S$ forward rates Noon May 12 ss Bid Offer 1-month 1.6147 1.6162 2-month 1.6149 1.6164 V month 1.6152 ***** 6-month 1.6160 1.6180 tut i t' WW Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am yesterday:
        1,444 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end weaker, Euroyen up
        1399 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended marginally weaker in light range-bound trade with dealers hugging the sidelines ahead of the release of US intlation data. "The market is still in a narrow range ahead of the treasury auction announcement and the inflation figures,"
        Reuter  -  1,399 words
      • Article
        Continued buying support holds tin steady at M$ 14.25
        1003 14 COMMODITIES REPORT Tin THE Kuala Lumpur Tin Market held steady at MS 14.25 per kg on sustained buying support, dealers said. A USSIS drop on the London Metal Exchange overnight left little impact on the local front, they added. At the
        1,003 words
    • Article
      COMMODITY PRICES
      1612 14 Rubber May 12 RAS Commodity Exchange (futures closing as at 1pm) RAS (physical prices) RSS 1 Contract (S cents/kg) Ac A# 1 noon Buyers Sellers 1 Vk r<*ntc/Lot Close Volume Open Ml l* itwn W Month High Low Sett (tonnesl Interest RSS 2 Jun 93 129 50 I30
      1,612 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1013 15 +8.3 Strong third-quarter profits by Rupert Murdoch's News Corp and rising offshore bourses drove the Australian share market higher yesterday, brokers said. They said gains early in the day were triggered by rises in New York and London, but the 133 per cent jump in News Corp quarterly net
        1,013 words
      • Article
        Manila
        611 15 -1.90 Share prices closed a shade lower in seesaw trade as players took profits early before selling pressure eased and allowed punters to jump in, brokers said. The market will consolidate further and remain defensive in the coming days while establishing a base from which to launch a fresh
        611 words
      • Article
        Taipei
        577 15 +39.72 Stocks closed higher in moderate trade as sentiment remained buoyed by expectations of a small official interest rate cut. brokers said. The market was mixed to slightly firmer for most ol the session and late buying pushed the Weighted Index up 39.72 points to close at 4.718.23. Turnover
        577 words
      • Article
        Seoul
        424 15 -1.28 Stocks closed marginally lower in moderate trading despite institutional buying which clawed back much of an early seven loss, brokers said. The outlook for today was mixed, with some brokers forecasting of loss of steam in the absence of market boosting news, and others predicting a technical rebound
        424 words
      • Article
        New Zealand
        316 15 16.19 Shares closed strongly, led by forestry stocks Hetcher Challenge and Carter Holt Harvey, with continued strong buying interest in Brierley Investments Ltd. brokers said. The NZSE-40 Index closed up 16.19 points at 1.581.78, with brewer Lion Nathan the only major stock to lose ground, closing seven cents
        316 words
      • Article
        Bombay
        72 15 -3 Share prices on the Bombay Stock Exchange (BSE) were steady at the close after hitting a new high for the day. The provisional BSE sensitive index closed at 2,286.92 points, marginally down three points from Tuesday. Selling was seen when the index shot up to around 2,310, a
        72 words
    • WORLD STOCK MARKETS
      • Article
        London
        565 15 +24.7 Shares closed sharply higher yesterday, boosted by a renewed sense of confidence in UK economic recovery and the outlook for company earnings, dealers said. News the Bundesbank cut 11 basis points off its repurchase rate to 7.60 per cent also helped sentiment. "We're seeing the upgrading of growth
        565 words
      • Article
        Paris
        156 15 18.15 Stocks rallied to close higher yesterday as a round of interest rate cuts in Europe offset mixed first-quarter sales figures, traders said. The CAC 40 index of blue-chip French stocks closed up 18.15 points at 1,872.67. It opened at 1859.09. Volume was 2.5 billion French francs, similar to
        156 words
      • Article
        Stockholm
        135 15 +2.18pc Positive assessment of Ericsson's quarterly results, hopes of a cut in domestic share turnover tax and an upbeat government outlook on export industries were seen supporting a strong rally of more than 2.5 per cent in Swedish blue-chips, with turnover near record levels. Just over two billion crowns
        135 words
      • Article
        Frankfurt
        168 15 13.31 Share prices made steep gains to close 0.8 per cent higher after the morning's repo rate easing fuelled hopes for an early leading rate cut. Traders now believe the Bundesbank could ease credit at its central council meeting next week. The DAX-30 closed 13.31 points higher at 1.629.46.
        168 words
      • Article
        Brussels
        156 15 10.26 Shares ended off their highest levels and dealers said there may be room for further downside today. The market spent all day buoyed by expectations for domestic interest rate cuts, fuelled by a cut in Germany's repo rate. But after the rate cuts actually happened, the market fell
        156 words
      • Article
        Milan
        149 15 +0.43pc Stocks prices closed firmer overall yesterday, setting a base for possible further gains. Brokers reported good local investor and fund interest. Fiat gained sharply, while Stet advanced strongly on foreign orders. The resilience of the market surprised several brokers who had been expecting a general easing over the
        149 words
      • Article
        Amsterdam
        221 15 1.02 Shares closed higher after the Dutch central bank cut its three official lending rates by 25 basis points, traders said. The EOE index of the leading 24 Dutch shares closed up 1.02 points at 317.49 points. Advancers outpaced decliners 16 to six and two stocks closed unchanged. Amsterdam
        221 words
      • Article
        Zurich
        226 15 +0.7 Shares closed little changed after profit-taking in blue chips, a weaker dollar and Wall Street's lower opening weighed on late business. The blue-chip SMI Index, which failed to consolidate above resistance at 2.200. added 0.7 point to end at a provisional 2,193.3 points. The broad SPI Index added
        226 words
      • Article
        Johannesburg
        298 15 17 Most shares finished slightly off their earlier highs yesterday as mostly slow trade saw some pronounced moves but little change in overall terms, dealers said. The Overall Index was 17 points up at 3.763 and the Industrial Index 22 points up at 4,401. The Gold Index was 14
        298 words
      • Article
        Toronto
        336 15 1.83 Stocks were moderately lower in the morning, pinched by losses in gold and transportation shares, as the market continues to consolidate in quiet dealings. Traders said weakness in US and Canadian bonds, along with a slide in the Canada dollar, weighed on the market. The TSE 300 Composite
        336 words
      • Article
        New York
        703 15 +25.47 The stock market was lower in early trading yesterday, hurt by a weaker-than-ex-pectcd reading on inflation. The Dow Jones industrial average was down 4.71 points to 3.464.04 at 1 lam. Volume on the floor of the New York Stock Exchange was 34.45 million shares in the first
        703 words
      • Article
        Untitled
        790 15 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit 38.6400 38 6300 Mim Jene> Gilt 0. 1 882 0 1984 Mim Ma* Income ****** ****** LS$ Cash Income Plus Fund 10 3300 10 8900 PS Reserve Fund 5 MOO 5 2100 Sterling tajih Euro Performance 0.4592 ***** Far East Fund
        790 words
    • Article, Illustration
      Lock icon HONGKONG
      3191 16 Rcuter HONGKONG'S bourse punched through the 7.0(H) level for the first time on continued optimism following Tuesday's rally on the Land Commission land sales agreement. The blue chip Hang Seng Index soared 160.63 points, or 2.35 per cent, to close at 7.002.60 after jumping 103 points on Tuesday. The
      Rcuter; Source: Bridge Info  -  3,191 words
    • Article, Illustration
      CHINA
      465 16 The Shenzhen A market finally had a rally yesterday as prices rose across the board inactive trading. The CLSA Shenzhen A Index closed up 3.99 per cent to end the day at 2,802.79. Three B share listed companies China Bicycle, Southern Glass and Konka were granted an award for
      465 words
    • Article, Illustration
      Lock icon TOKYO
      2502 16 Reuter STOCKS tumbled in the afternoon on arbitrage unwinding and other index-linked selling to close sharply lower. The 225-share Nikkei average finished down 325.17 points or 1.55 per cent at 20,615.20, with an estimated 580 million shares traded. The broader first section Topix Index was down 26.89 points or
      Reuter; Source: Bridge Info  -  2,502 words
    • Article, Illustration
      Lock icon BANGKOK
      1830 16 Reuter STOCKS rose strongly in late afternoon as gains by major property firms and finance and brokerage companies tripped a buying signal in the market, brokers said. The SET Index jumped 15.30 points, or 1.79 per cent, to close at 865.65 on turnover of 3.31 billion baht. "A technical
      Reuter; Source: Bridge Info  -  1,830 words
    • Article, Illustration
      Lock icon JAKARTA
      1084 16 SHARE prices closed higher across the board in active trade, brokers said. "The market was back to life as foreigners were looking for blue chips and locals were active in speculative shares," a dealer with a foreign house said. Indocement foreign rose another 300 rupiah to 13.500. "Its diversification
      Source: Bridge Info  -  1,084 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2239 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Hcgi Msia 26.66* 000 Bedford 50c I *>,976.000 A MOB 50c I4.<WO.OOO Insas Bhd 9.174.000 Mcnang orp 7.565.000 FACB 50c 6 645.000 kamunting MX 6.181.000 Mdropic* 50c 6.0.19.000 Promct 5.709.000 Ind Oxvgcn 50c 5.J26.000 Ami Hsic Ld 50c 5.148.000
      Source: Bridge Info  -  2,239 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Profit-taking offsets gains in index-linked stocks
        5066 17 Bernama SHARE PRICES closed slightly easier in brisk trading yesterday as light profit-taking offset sharp gains in some index-linked and situational stocks. The KLSE Composite Index moved in a narrow range after opening at 712.23 to end the day 1.68 points up at 712.67.
        Bernama; Source: Bridge Info  -  5,066 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Suzhou deals spark buying frenzy in market
        7237 18  -  By Paul Leo SINGAPORE Investors were smiling while analysts caught wrong-footed were nervous as the local market surged into uncharted territory yesterday. The benchmark Straits Times Industrials Index surged 1.9 per cent or 34.54 points to 1.828.58 yesterday, eclipsing the previous record close
        Source: Bridge Info  -  7,237 words
      • Article, Illustration
        Lock icon OUE
        68 18  -  HOT STOCK Quak Hiang Whai OVERSEAS Union Enterprise broke through short-term resistance at 56.70 recently and is now trading between $6.70 and $7.10. The stock could break out of that band. On breaking $7.10, it could head for $7.50. at which there would be major resistance. Towards the bottom,
        SOURCE: BRIDGE INFO  -  68 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
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      186 words
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      Page 11 Advertisements Column 1
      44 11 |j MITA (P) 101/8/92 MAY VOL 17 No 5 1993 b $4 ***** ti i4Ji 1 Li LB Lb L LB^^^^ What it means property path to china and you TANGLE J$L m CAN ARCHITECTS dr/ TECHNOLOGY j GO REGIONAL? RESOURCES, EON ON SALE
      44 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      521 12 V,,V r V fc n" v 'V** [*;£'&s?■ W ''<$£''" >-' 4 Sf V. OWfT'.ginp»j[aM/VT ***8k <**- yv _i. r *a 1 vSyfc' -'few i —%t Hy L-* -»w 188 bLh HHH SB THE INVESTMENT OPPORTUNITY OF A LIFETIM^^ To the point of perfection >. Metro-Huizhou Guangdong Province China IK
      521 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      29 14 "ft was plain sailing selling my cabin cnrisen" ier ZZ?? 1 j vH 22^^# I 5? <"*r X, mode'J ma 'vS.Srsx; I Call today for results tomorrow. 757-1166 j
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    • Advertisement
      Page 14 Advertisements Column 2
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      38 words
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      Page 17 Advertisements Column 1
      201 17 Expansion Wj H Growth v' H Improved Cash Today's SMEs could be tomorrow's MNCs. by AN it takes is a little imagination, forward immediate cash advances of up to 90% Thailand, Indonesia and the Philippines, thinking and a helping hand... porficu- against their invokes. And eliminating we can certainly assist
      201 words
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      Page 18 Advertisements Column 1
      61 18 Singapore:THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 JPAk Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre. Kuala Lumpur Tel. 03-*****20/932 XSL Yow Chuan Plaza.
      61 words
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  • SPORTS
    • Article, Illustration
      Lock icon Jordan plugs the loopholes as Bulls charge to a 91-84 win
      466 19 NBA playoffs Reuter Reuter CHICAGO Michael Jordan filled the basket and all the "loopholes" on Tuesday, showing once again why he is the undisputed leader of the twotime defending champion Chicago Bulls and the best player in the NBA.
      Reuter  -  466 words
    • Article
      Lock icon The new doctor in town
      593 19  -  By Dave Anderson NYT NEW YORK Dr J once soared above the rim for the Nets and Dr K is still flashing his fastball for the Mets. but now New York has another physician specialising in perspiration: Doc Rivers of the Knicks. Call him Dr
      NYT  -  593 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        76 19 Reuter NEW YORK luosdav's Major league results American; Cleveland 6 Kansas City 7; New York 5 Milwaukee 1; Baltimore 0 Boston 4; Toronto 7 Detroit 12; California 5 Minnesota 3; Oakland 6 Texas 0; Seattle 4 Chicago 3. National: Chicago 2 Los Angeles 1 (in 10); Cincinnati 4 San
        Reuter  -  76 words
      • Article, Illustration
        Lock icon Ice hockey
        38 19 Reuter NEW YORK Second-round Mil. Stanley Cup pla>offs luesday Norris Di>isk»n finals: Toronto 5 St Louis I (Toronto leads best-of-seven series 3-2). Smythe finals: Vancouver 3 Los Angeles 4 (OT 2) (LA leads series 3-2). Reuter
        Reuter  -  38 words
      • Article, Illustration
        Lock icon Soccer
        60 19 AP BEIRUT, lx?banon Asia Group D results Tuesday: Hongkong 2 India I; South Korea I Lebanon 0. Standings (W I. I GF GA Pts): I. HK 20 1 645 2.SK I 0 I I 0 3 X Lebanon 0 1 2 4 5 2 4. India 0 1 1
        AP  -  60 words
      • Article, Illustration
        Lock icon Tennis
        393 19 AP Reuter Reuter ROME Italian Open First Round Tuesday: Marcelo Filippini (Uru) b Ivan Lendl (US) 6-2. 6-1; Michael Chang (US) b Jordi Arrese (Spn) 6-2, 6-3; Carl-Uwe Steeb (Ger) b Wayne Ferreira (SA) 6-3. 6-2; Guillaumc Raoux (Fra) b Gianluca Pozzi (Ita) 6-3. 3-6. 6-3; Guillermo Perez-Roldan (Arg)
        AP; Reuter  -  393 words
    • Article
      Lock icon British Lions' impossible mission against the All Blacks
      366 19 AFP LONDON The British Lions rugby union squad set off for New Zealand today on what looks like being a mission impossible. Only once since the Lions first met the All Blacks 89 years ago have the Brits won a series. That
      AFP  -  366 words
    • Article, Illustration
      Lock icon A contented champ with a seemingly unbreakable record
      633 19 Golf NYT NEW YORK In an age when the idea of a golfer winning five tournaments in one year is considered transcendent, Byron Nelson's 1945 feat of 18 victories including 11 in a row. also a record has become unfathomable. As the
      NYT  -  633 words
    • SIDELINES
      • Article
        Lock icon South Korea, Australia favourites
        90 19 AP PERTH Defending champion South Korea and six-time champion Australia head the entries for the 15th annual Queen Sirikit Cup amateur women's golf championship, starting today at The Vines course. South Korea has won the event three of the last four years. It beat Australia by
        AP  -  90 words
      • Article, Illustration
        Lock icon Safely at second base
        44 19 Reuter CLEVELAND, Ohio Greg Gagne (7) of the Kansas City Royals slides safely into second base with a stolen base as Cleveland Indians' second baseman Carlos Baerga dives for an errant throw from catcher Lance Parrish in sixth inning action.
        Reuter  -  44 words
      • Article
        Lock icon Dutchmen edge out US basketballers
        76 19 AP DEN BOSCH, Netherlands The Dutch national team beat a team of former NBA players 139-138 on Tuesday, the Americans' first loss on their European exhibition tour. The NBA team trailed by 11 points in the fourth quarter and rallied to tie the score 138-138.
        AP  -  76 words
      • Article
        Lock icon Sweden crosses first two hurdles
        60 19 AP GOTEBORG. Sweden Sweden, the heavy favourite in the field of 94 nations, easily won its first two matches on Tuesday, the opening day of the World Table Tennis Championships. The defending champions trounced both the Czech Republic and Italy 3-0. The top 16 nations,
        AP  -  60 words
      • Article
        Lock icon Piquet piqued
        111 19 Reuter INDIANAPOLIS. Indiana Two-time Formula One world champion Nelson Piquet is unhappy that reigning champion Nigel Mansell is receiving special treatment in preparation for the Indy 500 mile race. "The thing that I can't understand is why there is one rule for him and another rule for the
        Reuter  -  111 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      66 19 BUSINESS TIMES NOT TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 L i I pr mdJ y 1> H y) *}/>" 1m Q£"J asked a stranger to count my cash.** SHI r °f, o. «r,Z £o n 4 «ia« '-fu 4t e */V &a;, i./ CA.T.S. 737-1166 Nothing's strange to The
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      Page 19 Advertisements Column 2
      296 19 ADVERTISEMENT FOR CREDITORS IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF MIL LOGS MARKETING PTE LTD (IN MEMBERS' VOLUNTARY WINDING-LP) NOTICE IS HEREBY GIVEN that the CREDITORS of the abovenamed company, which is being wound up voluntarily, are required on or before 14 June
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      1218 20 Nothing Beats A Bud- WHERE TO WINE, DINE AND ENTERTAIN OP 'v V• 4J Tie 'Qmu aur ia aliv. and well with full of Soul ft Rode V Roll. VERNON CORNELIUS PLUS perform* at CONNECTIONS from 9pm to 2am nightly {except Sundays). The Richmond Connection DJs also entertain from Mondays
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      Page 20 Advertisements Column 2
      330 20 Fancy Beijing? Then, we're delighted to suggest t the Fine Court for a memorable dining experience. Try our Beijing specialities such as Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of Beijing dian xin. To add to your enjoyment, BITIO all these are well within your reach.
      330 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Cezanne sale stuns art market
      515 21  -  Hi«h prices at Sotheby's latest auction boost hopes that a three-year slump in the art market mav be ending. Dan Cox reports Dan Cox Reuter A PAUL CEZANNE still life of a bowl of apples stunned the art market on Tuesday, selling for US$2B.6 million
      Reuter  -  515 words
    • Article, Illustration
      Lock icon Theme parks losing their amusement value?
      914 21 Recession in Japan forcing operators to reconsider plans to build leisure parks Asahi News Service Encouraged by the success of Tokyo Disneyland, which celebrated its 10th anniversary on April 15, new theme parks have opened one after another across Japan while many others are
      Asahi News Service  -  914 words
    • Article
      Lock icon Remember, never get a really bad haircut
      306 21 CHATTERBOX AP AP AP KEVIN COSTNER's mane man is bracing for more criticism after giving the close-cropped actor's hair an even shorter cut for the movie A Perfect World. Frank Kamos has been Costner's personal hairdresser for five years. But since the release
      AP  -  306 words
  • Page 21 Advertisements
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      93 21 Club Barbecue J/k Buffet |L Eat as much as you can! Every Thursday, Friday Saturday M at the Poolside Tee-Off Cafe. W For only $1430 (adult) and i jßjk i $8.00 (child below 12 yrsold) 1 from 6.30pm to 10.00pm. (Fashion show on every Thursday) lor reservations, please call Tec-OffCafr
      93 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1182 21 TV RADIO The Whales Bette Davis and Lillian Gish arc two elderly sisters who have spent the summer of their husbands are now gone and the two have to cope with the in- i. dignities of old age. Lindsay if Anderson directs this touching Die Fledermaus, B.oopm, fl SBC 12
      1,182 words
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  • INNOVATION & TECHNOLOGY
    • IT TAKES
      • Article
        NTU's new breed of chips
        95 22 SINGAPORE Nanyang Technological University's Microelectronics Centre has been able to make a new breed of semiconductor device with properties far superior to those usually made from silicon. Using a technique called molecular beam epitaxy (MBE), the NTU team successfully fabricated high-speed transistor wafers from which
        95 words
      • Article, Illustration
        Lock icon Flame-resistant tele computer
        50 22 Reuter MASSACHUSETTS Test engineer Dan Bunge applies a gas flame to a Stratus XA/R Series fault-tolerant computer, proving the machine's compliance with computer flammability specifications designed by Bellcore for the telecommunication industry. Bellcore is the research and engineering arm of the seven regional Bell operating companies. Reuter
        Reuter  -  50 words
      • Article
        Lock icon Biggest battle in memory
        111 22 Asahi LONDON Hitachi and Toshiba are squaring off in Cambridge, England, in a battle to produce a semiconductor device with a memory several thousand times more powerful than current chips. In an article published in the periodical Electronics Letters in Februarv. Hitachi researchers at Cambridge said
        Asahi  -  111 words
      • Article
        Lock icon No more drink and forget?
        119 22 Reuter WASHINGTON New medical research could lead to the development of drugs that prevent or even reverse alcohol's ill effects on memory, according to scientists at two US universities. Until now, researchers thought that alcohol caused widespread but non-specific damage to brain cells. But the
        Reuter  -  119 words
      • Article
        Lock icon Smoking can speed up Aids
        74 22 Reuter LONDON Smoking can speed up the progression of Aids, British researchers said on Tuesday. Smokers infected with the virus that causes Aids develop the disease twice as quickly as non-smokers, said Dr Richard Nieman, who led a team of doctors studying smoking and Aids.
        Reuter  -  74 words
      • Article
        Lock icon Putting back the tickle
        120 22 UPI NEW YORK A team of Rensselaer Polytechnic Institute scientists has developed a cheap, durable substitute for the banned ivory of elephant tusks, once used for the keys of the best concert pianos and prized by pianists. Dubbed Rpivory By Professor Henry Scarton, who headed the
        UPI  -  120 words
    • Article, Illustration
      No more missed calls
      910 22  -  With a new phone system introduced here last week, you're no longer chained to your extension. Helen Ching reports. Helen Ching PICTURE this: you have been waiting for an important phone-call the whole day, staying chained to your desk for fear that the call might come
      910 words
    • Article
      Lock icon Ghost in the machine
      510 22 Economist WRITERS of science fiction love the idea that computers might one day have souls. That day may be closer than they think. For those who believe in the soul or, at least, in some spiritual "self' that exists independently of the body, neardeath experiences (NDEs)
      Economist  -  510 words
    • Article, Illustration
      Lock icon Scientists too are eager to watch Spielberg's Jurassic Park
      799 22 NYT IN A few weeks, its promoters hope, crowds of dinosaur fans will pack theatres in the US to watch Jurassic Park. Steven Spielberg's US$56 million (about Ss9o million) dinosaur movie the most ambitious Mesozoic-monster film ever made. Based partly on
      NYT  -  799 words
  • Page 22 Advertisements
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      46 22 CONGRATULATIONS ON THE OFFICIAL OPENING OF The Elizabeth Singapore We are proud to be entrusted with the supply/make-up of upholstery fabric, curtain bedspread fabric for all Guestrooms, Suite Rooms Meeting Rooms. tyeeddeaii pteua 608 Martin Road #09-04 Trademart Singapore 0923 Tel: 65-733 9666 Fax: 65-733 0503
      46 words
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  • THE LAW PAGE
    • Article, Illustration
      The legal slip that proved disastrous
      1034 23  -  Although complex agreements for developments are intended to protect, little errors do crop up as Ramesh Divyanathan finds out in the case of the former Glass Hotel Ramesh Divyanathan SINGAPORE Property developments are very complicated these days, involving numerous mortgages, leasehold agreements and the
      1,034 words
    • Article
      Court fees making arbitration more attractive
      587 23  -  AT THE BAR By Ramesh Divyanathan WITH fees already imposed in the Subordinate Courts and expected soon in the High Court, some lawyers believe that arbitration will give the courts a run for their money. Arbitration is the private out-of-court judging of a dispute
      587 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      98 23 Banking, Finance and Insurance 93 1993 marks the 25th anniversary of the establishment of the Asian dollar market. It is a time to reflect on past achievements and ponder over the challenges ahead. This year's Banking, Finance and Insurance supplement of Business Times will commemorate this important milestone in the
      98 words
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      Page 23 Advertisements Column 2
      598 23 PORT SHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. Business Times ROYAL BANK OF CANADA CQxffi i FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED OCTOBER 31, 1992 Consolidated Balance Sheet Consolidated Statement of Income (in millions of dollars) (in millions of dollars, except per
      598 words
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  • Article
    Keeping the home turf green
    532 24 EDITORIAL IT WAS a timely message indeed from Prime Minister Goh Chok Tong: Singapore's top priority is still to make itself attractive to foreign investors. Although delivered during a visit to Japan so it was obviously meant to assure Japanese corporate leaders it was also
    532 words
  • WHAT THE OTHERS SAY
    • Article
      Delink trade from politics
      310 24 IT IS TIME Sino-American economic ties were put on a sounder footing. Enmeshing trade with extraneous issues is neither proper nor desirable. The threat of withdrawal of the MFN status will not work on China. Beijing has deep suspicions about the West's selective crusade on human
      310 words
    • Article
      Remember those closer to home
      157 24 PRIME MINISTER Goh Chok Tong has reiterated the government's stance that China is not the only investment destination for the republic. Rather, our investors should never overlook the region, our neighbouring countries, Japan and India. South-east Asia has been Singapore's main trading partner in particular,
      157 words
    • Article
      Protect the safety zones
      107 24 THE Clinton Administration emphasises human rights and democracy. If the US turns a blind eye to the inhumane treatment of the Muslims by the Serbs in Bosnia, there would perhaps be very few other matters in the world that would deserve its intervention. Peace has yet
      107 words
    • Article
      Watch out — like begets like
      181 24 Watch out like begets like IT IS only right and proper that instead of trying to thwart and frustrate the economic growth of the South, which will be an exercise in futility, the North should have a change of attitude and try to help the South along. The US should,
      181 words
    • Article
      UN must get tough in Cambodia
      145 24 DIPLOMACY remains an important weapon in halting the war in Cambodia. All friends of that country must work to convince the Khmer Rouge to return to peace. At the same time, the fears of the Khmer Rouge must also be addressed. In the rapidly
      145 words
    • Article
      Balancing both kinds of rights
      163 24 MANY CRITICS assert that a number of governments, particularly in the Third World, are using the pretext of "development", or "economic progress", to justify putting human rights second after these primary goals. On that ground those governments have been criticised for their human rights records.
      163 words
  • Article, Illustration
    Lock icon Crossed communications across the Atlantic
    695 24  -  Reginald Dale Reginald Dale says both the Americans and the Europeans are mistaken if they think that everything's hunky-dory between them IHT EUROPEAN Community leaders came away from a meeting last week with President Bill Clinton convinced that a mood of sweetness and light has
    IHT  -  695 words
  • Page 24 Advertisements
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      40 24 Press Here For HOT TIPS! Call 1-900-840-8484 for 4D/Toto/Sweep Results and you'll stand to win $500 worth prizes each week. Calls are charged at 50 cents a minute. Ik IMFHline Prizes are sponsored by: JJLL i-V An SPH AudioTex Service
      40 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      83 24 1 eses ftfce. thptt's thg-tvurd WTWfvr Boy I LoctT_ C C,A i iT.tNae™»s u)e£c. J V vv L HFweToGO F <z£? sOeeuMG v u v YafT^ C ASSOCIATED *EyW»A*ERS LTD. IIUH1! 0917 tWfc DOONESBURY GARRY TRUDEAU f BOTTOM LINE, JOAN? V& NEEP)jP*" EXCUSE MB, JOAN.. I BETTER CamjNKXTIOUS BE- I
      83 words
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  • ANALYSIS
    • Article, Illustration
      Keeping the SDF useful — and in the black
      1247 25  - Keeping the SDF useful and in the black Does the Skills Development Fund still have a role to play, or should the levy just be abolished altogether? If the levy is kept, should it be raised, or should the levy net be cast wider? Anna Teo discusses these issues. Anna
      1,247 words
    • Article
      Changing face of the billion-dollar fund
      274 25 TFIE billion-dollar mark was reached at the end of last year. That's how much the Skills Development Fund had committed over 14 years in training grants to companies. During its first phase between 1979 and 1986. the primary concern was to drum up awareness
      274 words
    • Article, Illustration
      Lock icon The shift from an iron rice bowl to a mud one
      784 25  -  As it moves towards a market economy, China is producing a new class of people the unemployed. Sheryl WuDunn reports Sheryl WuDunn NYT ASHY, 30-year-old woman with pigtails, Ms Zhang figured that socialism might not make her rich but
      NYT  -  784 words
  • Page 25 Advertisements
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  • Article
    Lock icon Conditions likely for China's MFN status, says US official
    481 26 Move will increase tension in ties: analysts Bloomberg Business News AFP Reuter BEIJING The US government will "very likely" attach conditions to the renewal of China's most favoured nation (MFN) trade status next month, an American official travelling with US Assistant
    Bloomberg Business News; AFP; Reuter  -  481 words
  • Article
    Lock icon Chinese vice-premier calls for Sino-US dialogue
    112 26 Bloomberg Business News BEIJING Chinese Vice-Pre-mier Li Lanqing has said China and the US can settle disagreements over trade and other issues through dialogue, the official Xinhua News Agency reported. In a meeting yesterday with former US Treasury Secretary William Miller, he said vast
    Bloomberg Business News  -  112 words
  • Article
    Lock icon Phnom Penh will fight Khmer Rouge if it wins elections
    481 26 AFP PHNOM PENH If the Phnom Penh government wins elections later this month, it will resume its fight against the Khmer Rouge to end the partition of Cambodia, Foreign Minister Hor Namhong said yesterday. "We are prepared for combat because
    AFP  -  481 words
  • Article
    Japan planning international meeting on Indochina
    227 26  -  From Yang Razali Kassim in TOKYO JAPAN is planning an international meeting on Indochina later this year. Disclosing this here yesterday, Prime Minister Kiichi Miyazawa said the proposed international meeting in Japan would prepare for the establishment of a "Forum for Comprehensive Development of
    227 words
  • Article, Illustration
    Kim's anti-graft crusade claiming high casualties
    881 26  -  The Bottom Line S N VASUKI S N VASUKI The writer is a BT correspondent specialising in Japanese and Korean affairs SOUTH KOREA'S new president, Kim Young Sam. is at war against graft in high places. The charismatic Korean leader launched a crusade against
    881 words
  • Article
    Lock icon Washington gives in to EC demand for luxury tax arbitration panel
    285 26 AP GENEVA The US agreed yesterday to a European Community demand for an arbitration panel to review US luxury taxes that the EC claims discriminate against high-priced European cars, an official said. The EC asked for the impartial panel
    AP  -  285 words
  • Article
    Lock icon EC consumer, business confidence hit low
    152 26 Reuter BRUSSELS The future looks increasingly bleak to both consumers and business in the European Community, says a survey released by the European Commission yesterday. "The unanimous view of construction and retail firms, and of consumers, is that the economic situation will become gloomier,"
    Reuter  -  152 words
  • Article
    Lock icon Clinton sees allied action on Yugoslav war soon
    320 26 AP WASHINGTON President Clinton said yesterday the US cannot ignore the bloody Yugoslav civil war for fear of getting caught in another Vietnam. He predicted new allied steps in the coming days will "make peace more likely". Although Mr Clinton said no
    AP  -  320 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      390 26 ■U »1 1 -Ic a Chinese Restaurant tor !0P People 60 SPOfIVUOB PLAZA 1, ZA Na 80 Raffles Place, SI flnwfinnm tXAfIA D 3 Singapore uiua The Institute of Banking Finance and Citicorp Investment Bank (Singapore) Limited present investing in the INDIAN CAPITAL MARKET 28 29 May 1993, Hyatt Regency
      390 words
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      Page 26 Advertisements Column 2
      22 26 —'v.'' Top Perspective TOsHr for I ugHkj Viewing and Dining Reservation *****32 mSaßfj US aiming for global market-opening pact by July, PgB
      22 words
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  • Shipping Times
    • Article, Illustration
      NOL unit wins $45.6 m deals to build 3 tankers
      370 27  -  By Rahita Elias SINGAPORE A shipyard subsidiary of Neptune Orient Lines (NOL) has clinched two contracts totalling $45.6 million to build three tankers. NOL said in a statement yesterday that Atlantis Engineering Construction, a wholly-owned subsidiary, would build three 6,500
      370 words
    • Article
      Lock icon Fiata merges two of its institutes to improve efficiency
      272 27 International Transport Journal ZURICH The principle of "lean management" now has also become a reality in the world forwarders' association Fiata. The some 100 participants at the Fiata Headquarter Session in Zurich approved the merger of the Surface Transport Institute (STI)
      International Transport Journal  -  272 words
    • Article
      Lock icon Rhine barge owners consider ban on night work
      312 27 Reuter AMSTERDAM Rhine barge owners are considering a new tactic in their bid to raise depressed river freight rates, the International Tanker Owners Association (ITV) said. The association, which represents about 10 per cent of the 1,600 oil barges which ply the
      Reuter  -  312 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      859 27 Page Col ABC Containerize 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 Bangladesh L Tries 5 3/4 Bangladesh Shpg 9 3 •Bank Line,
      859 words
    • Article
      Lock icon Nordstrom buys into Argonaut
      376 27 Swedish shipowning group acquires 22pc of voting shares Reuter STOCKHOLM Swedish shipowning group Nordstrom Thulin AB (N&T) has purchased seven million A-shares equivalent to 22 per cent of the votes in tanker owner Argonaut AB from private shipping group Wallenius. "Wallenius has given N&T the option
      Reuter  -  376 words
    • Article
      Lock icon Chinese survey ship withdraws from BP oil block in Vietnamese waters
      349 27 Reuter HANOI A Chinese seismic survey ship has pulled out of a Vietnamese offshore oil exploration block operated by British Petroleum (BP) after a six-day incursion, government and BP officials said yesterday. "We can no longer see the vessel,"
      Reuter  -  349 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        387 28 Vtssd Voy No B«rtb Arrival Vessel Voy Ho Berth Vrival Departure hrnil Pari SungaAat 11 P04 alongside 12.05/1800 130/93 a 1305 0615 S,a*ut'a *****3 F01B alongside J2« 2300 lata 6/93 13 alongside 13.05/2300 Yuheng 9303 P03 *ngside HS'ISS j. rici« 13 alonsside 13 05 1900 2tiong Fa
        387 words
      • Article
        CONTAINER SCHEDULES
        1418 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boohinj/Balance Rsits Ship Voy No Etb/Btr Period From To From Ti-rnrrt 32W 14/0100 1 12/1500 12/1659 12/1900 Ace Contort UH 3 13/0700 13/1159 13/1*00 in iw, 39A 15/1800 2 12/1700 13/0659
        1,418 words
    • Article, Illustration
      Lock icon The maritime threat in the post-Cold War era
      1462 30  -  Anthony Lovell Smith discusses the need for nations to take maritime security measures in some form Anthony Lovell Smith Intersec M aritime security has always been a necessity, especially for maritime nations. In the past, it has required a force to deter
      Intersec  -  1,462 words
    • Article
      THE SHIPPING GUIDE
      10594 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at I'enang after
      10,594 words
    • Article
      SHIPPING AGENTS
      3371 43 A Xm.tK (ontainerliiw NV: Bclsin Shpg Agencies Pic Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Ptc Lid (SyAccord Contr Line (PK/PN). \dkrit Business Corporation Philippine: Cahouree Shpg Trdg Ptc Ltd (S) Ahrenluel l.iner Service: Kim Shpg Trdg i (S). Mbatros Sea-Air Service: Frata Shpg Ptc
      3,371 words
    • Article
      COURIER SERVICES
      273 43 Abacus Couriers Td: 545-8011. Fax: 545-1898 Air Express Travel Td: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80 Airswift Worldwide Courier Td: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-link International Td: 344-3377. Fax: 345-6450. Cluster Link Supplies A Services
      273 words
    • Article
      AIR FORWARDERS
      1470 43 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05. Aerospeed Td. 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06 Air Express International Td: 542-7666. Fax: *****74. *****50. Air
      1,470 words
    • Article
      PORT CONDITIONS
      1736 44 ALBANIA Duress: Five vessels in port ot which 1 discharging oil, flour, beans. 1 discharging wheal, 1 discharging coal, 2 discharging general cargo. ARGENTINA Buenos Aires: Port fully occupied. however no vessels waiting in roads, new arrivals should have little or no berthing delays. San Lorenzo: Port busy,
      1,736 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1337 44 SHIP SALES TANKER RATES AFP FOLLOWING the report earlier this week of the sale of the two Chevron VLCC's, a further substantial deal in the tanker sector has been concluded. We understand that Essar Shipping of Bombay have acquired two of the Sovcomflot Tromso million barrel tankers Challenger/Champion built at
      AFP  -  1,337 words
    • Article
      AIR FREIGHT SCHEDULE
      555 44 ARRIVALS DEPARTURES Op High! Type ETA T From Op Flight Type LTD T To TODAY TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F 0440 I BKK SI A SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB
      555 words
    • Article
      CRUISE & FERRY SCHEDULES
      278 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Ntmc of Vnstl ETA ETD Ports of Calls Port Agent Telephone No MAY 13 13 Fairstar 0700 1400 Arrival only BSA Transportation 336-9388 13 13 Fantasy World 1000 1900 Sin-Jakarta Lauw Sons Travel 227-8284 17 17 Fantasy World 1000 1900 Sin-Port Klang Lauw
      278 words
    • Article
      DAILY FREIGHTS
      1157 45 RATES remained steady for period business for Panamaxes from the east, but details of concluded business remained slow to emerge. The Baltic Freight Index for spot dry cargo shipping rates rose to 1,573 on May 11 from 1,571 on May 10. An undisclosed charterer was said to have
      1,157 words
    • Article
      COCKETT BUNKER MARKET REPORT
      780 45 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
      780 words
    • Article, Illustration
      Lock icon China challenged by boom in air travel
      1103 46  -  Anne Redmile looks at the task and the tests that face the aviation industry of a more open China Anne Redmile Airtime ON THE ROAD into Beijing as you drive from the airport there is a large, distinctive sign, expressing the hope that
      Airtime  -  1,103 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Macau plans feeder airliner for its new airport
        582 48 Service will link the island to thriving cities of southern China AFP MACAU Macau is looking to set up a regional airline that that would shuttle travellers from its new airport, due to open in mid-1995, to the thriving cities of booming
        AFP  -  582 words
      • Article, Illustration
        TNT expands services with new centre
        250 48  -  By Ramesh Divyanathan SINGAPORE TNT Express Worldwide last week opened a new warehouse and distribution centre in Singapore as part of its plans to tap the expanding Asia-Pacific market. The new $53 million complex, located within Changi International Airport, complements TNT's recentlylaunched overnight intra
        250 words
      • Article
        Lock icon Japan's airlines' earnings unlikely to take off
        466 48 Bloomberg Business News TOKYO Japan's two largest airlines, Japan Airlines (JAL) and All Nippon Airways (ANA), will have to endure another disappointing year of earnings. Thanks to the artificially high domestic air fares set by the government, these two airlines have been shielded
        Bloomberg Business News  -  466 words
      • Article
        Lock icon Continental set to buy 75 planes from Boeing
        340 48 NYT NEW YORK Continental Airlines is expected to announce yesterday that it has ordered about 75 Boeing 737 and 757 jets worth several billion dollars, people familiar with the deal said here on Tuesday. The order was not entirely unexpected because Continental
        NYT  -  340 words
      • Article
        Lock icon Lockheed may revive alternatives to C-17
        290 48 UPI LOS ANGELES The chief of Lockheed disclosed on Tuesday that the Pentagon has asked the aerospace giant about re-starting its C-5 and C-141 programmes to supplement the troubled McDonnell Douglas C-17. "We think the C-17 needs a complement," said Daniel Tellep, chairman and
        UPI  -  290 words
      • LOG BOOK
        • Article
          Lock icon Moody's lowers Delta Air's rating
          60 48 AFP NEW YORK The credit rating firm Moody's said on Tuesday it was lowering its rating on Delta Air Lines' long term debt and preferred stock because of poor prospects in Europe. The decision affects about USS4.6. billion (557.4 billion) worth of debt owed by
          AFP  -  60 words
        • Article, Illustration
          Lock icon 5,000 dong to cross the Tien Giang
          46 48 Reuter TIEN GIANG, Vietnam A Vietnamese man bailing a boat on the Tien Giang river. The boats, used as water taxis along the southern Vietnamese river, cost passengers 5.000 dong (about 80 Singapore cents) for crossing the river. Reuter
          Reuter  -  46 words
        • Article
          Lock icon Polish firm orders 101 Volvo trucks
          47 48 AFP GOTHENBURG. Sweden Volvo Trucks has signed an order with Poland's leading hauling company. Pekaes, for 101 Fl2 trucks. Volvo announced on Tuesday. With the exception of a breakdown vehicle, the order is exclusively for trucks for heavy, long-distance transportation. AFP
          AFP  -  47 words
        • Article
          Lock icon Publisher to purchase Maxwell asset
          40 48 AP LONDON Reed Elsevier, an Anglo-Dutch publisher, said on Tuesday it had signed a letter of intent to purchase Official Airline Guides, formerly part of Robert Maxwell's media empire, for US$425 million (SS6B4 million). AP
          AP  -  40 words
      • Article
        Lock icon United Airlines teams up with Trans Brasil
        291 48 UPI CHICAGO United Airlines and Transßrasil announced an alliance agreement on Tuesday that includes marketing enhancements, one-stop check-in, and subject to necessary government approvals code sharing between selected US points and the Brazilian cities of Sao Paulo, Brasilia and Porto Alegre. "We are
        UPI  -  291 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1394 48 City FK*t ETA FI|M ETB QF81 1940 QF82 2055 SQ228 2120 SQ319 0715 KL838 2310 KL837 1445 SQ324 2345 GA975 1455 Athens SQ347 1735 -I Auckland BAH 1505 SQ288 2015 Bahrain GF148 0905 B Sari Bn» ran BI421 1105 SQ182 0915 SQ18I 1410 Bt422 1205 B1429
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  • Page 27 Advertisements
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      1 27 Lubricant
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      26 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore \JggjMh) National Shipping Association Fa advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      166 27 toe FAMOUS f** 5 WSOMftM ■iMIIIgI* 224 1833 For more information please refer to Pg. 13 Maritime threat in the post-Cold War era, Page 4 China's air travel boom, Page 20 Macau plans feeder airliner for new airport, Back Page k Celebrating our i 3 second year of SUCCESS While
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      425 28 OTSKUNE AGENCIES (S) PTE. LTD. T 1 ¥7 w nrp Tel: 226 3363 1 .3.1 V. LINE TOKYO SENPAKU KAISHA, LTD. NO: usmtsoooo* '<*■— wr w w I Icx ULT 368 **10.05 "12.05 11.05 14.05 1105 2105 25.05 25.05 26.05 27.05 ACX LOTUS 318 12.05 *14.05 14.05 11.05 22J5 24.05
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      1032 28 ffegrs j i,S is.. 11l MSI IITIIITI I IT 1 IHrral 'I to «AOT«B>/» «««>«■■ cowtmwiwwwcw Z3 nmm T I nit lumntai I rc> juihl _»g- bmlib —m_ jpl. i mam I m i mi nrnw MfmwM m—al wai I ££3St»*,x Sss &SSSK 31 i !o] iff: ™l TTI 7»
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      484 29 |TJ 8 I C a/T K? fin/1 |T1 jf| sea-iand P&O Containers WMW® mffltm Service, Inc. P O Containers (Singapore Agencies) Pte Ltd Round-the-woHd Container Service 200C«.m« t ».Ro«i«05 03 j H P T W H CHO YANG (SINGAPORE) PTE LTD tSSSST H T,tS££ocs, I wc^s^.i*™* Tel- *****22 ("Mainline* |;ci
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      58 30 1 I The Executive Housekeeper -this hotel} O iv v, I I wants is me. Bub I'll never neglect L_ Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The new Paper Li an he Zaobao Lianhe wanbao Shin Min daily
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      40 30 SsHfl?' Jltf fcJ l*r-, *'4 ,a V «U- ,m, "L. i m »i.* 4 «J -"X ~v r 5-:, %§<§§§ -"''"s r --X* -_■-7' KIUC C«-W»ltJJftf LOOKING DEEPER A probe into current market developments. Hock Lock Siew. Everyday. SINGAPORE Business Times
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      2129 31 ipping 1 lines, inunuaj m#j u two OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES PET^UNG*!)A'TA'TEL* 03^^776^AX^M-*****42 TEL: *****13 FAX: *****42 PENANG TEL *****4 FAX *****1 CFS TEL: *****6 DOCUMENTATION TEL: *****64 FAX: *****09 IPOH TEL *****3/4 FAX: *****6 BOOKINGS J E tci 32^!^o/ i?^o^7o70 *****40 p GUDANG TEL. *****2/3 FAX:
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      1499 31 uamssassm U.S.A/CANADA NEXT AVAILABLE SAILING SEA LAND EXPRESS V.192E ETA SIN 17TH MAY 1993 MAGLEBY MS V.9304 ETA SIN 18TH MAY 1993 MAGLEBY MS V.93AA ETA SIN 19TH MAY 1993 Vessel Vo» ETA I 6TO FeeOe« t>» 1 Sea Laurel/Aries DESTINATIONS ETA TNs week MAGLEBY MAERSK 9304 CY 18/05 oaoo
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      1553 32 AQABA R OAM/1 LI ALSO ACCEPTING FROM VESSEL VOV NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA KASUGA 1 26/118 13/5 29/6 1/6 30/5 Port Kelang. Penang LEVERKUSEN EXPRESS 12/318 15/5 24/5 30/5 2/6 5/6 7/6 9/6 Pasir Gudang FRANKFURT EXPRESS 67/119 20/5 5/6
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      694 32 .>. m mam FCL Breakbulk Service to: I AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for all services I F C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, I i Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary I j CSFR Poland h ocT<s>Trans AGENaES (FAR EAST)
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      1388 32 REGULAR INDEPENDENT FULL CONTAINER SERVICE NORASIA PEARL 9318 3 20/05 11/06 12/06 13/06 14/06 16/06 15/06 17/06 18/06 19/06 I ARABIAN SEA 319W 25/05 15/06 16/06 17/06 18/06 19/06 20/06 21/06 22/06 23/06 I CHINA SEA 320W 01/06 18/06 19/06 20/06 21/06 23/06 24/06 25/06 26/06 27/06 I NORASIA AL
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      1750 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE /JffigK (A SERVICE OF CHINA NAVIGATION CO) CARGO Dl* SAILS STRAITS ran Wl3t Muara. Lib 12-13 May 14 May 15 May FCL. LCI COHT AIMER ANO MEAKtULK SERVICE
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      1618 33 Wt <% 4 SINGAPORE AGENT: TlO P&O Containers (Singapore Agencies) Pte Ltd I W I 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Ipk M. Tel; 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT ii^m n;s*i» e .s« si its ss s»
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      836 34 r»gc o PEB9[ INDONESIATiATIONAITINE ILTO EUROPE m: I v" 11 lat m mm «M wnt "aiaisr mrM»~ II 1 MAIAHAM 34W8 Itl9/5 I 16/6 19/6 22/6 26/6 I EAST COAST PORTS WL/VOT mi SPOKE SYD ME LB WIS f» AOEL MHO IAYAKAUTA 76S 11/5 13/5 23/5 2t/S _z II WOO
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      892 34 HANJIN SHIPPING |j LOS ANGELES IN 18 DAYS EVERY SUNDAY ALSO ACCEPTING TO MEXICO LATIN AMERICA VIA LONG BEACH PLEASE CONTACT FOLLOWINGS FOR ENQUIRIES BOOKINGS. PAUL LIM DID *****26 PGR *****99 FEDERICK PHUA DID *****29 PGR *****48 RADIYAH DID *****35 ALAN TAY DID *****21 S'PORE AGENT- HANJIN SHIPPING (S) PTE
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      1561 34 fi —I -TpJ -1 JTT|^ n w u K m oa mi h no ui ob ml nc u* mm mm dp m m cim m I t GOLDEN KM 21/5 24/5 27/5 24/5 31/5 1/1 1/4 4/4 5/4 7/C U/4 M/C 2/7 J/7 13/7 U/7 IS/7 U/7 17/7 27/7
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      1552 35 NEPTUNE TOPAZ 28W ETA SGP 15/05/93 II [I B 11 ETA RDM 31/05/93, FLX 06/06/93, H i EXPRESS (SCX) I H I ro CALtFOXNiA -US GULF- INLAND POINTS A TIAHTK VM MM THPHW.U9A ffiLAND POINTS II M U FEEDER VSL VOY SGP I MOTHER VSL VOY SET PLD MIN/ VESSEL
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      1074 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND-DttCHARONC WESTBOUND—LOACTNG TRANSWPED VIA ROTTERDAM
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      1435 36 44 AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: 1244******0*! T TEL *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 W W V MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD rmi H M TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 Jki INDONESIA: P.T. SARANA LAIITINTIRNUSA, TEL: JKT *****76,*****77.*****08
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      1110 36 PHI LI-Oil It NT LINGS PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION ffng 1 1 AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 MAY SYDNEY, MELBOURNE, BRISBANE, FREMANTLE 14 MAY AUCKLAND. WELLINGTON. LYTTLETON,
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      771 37 ZaaaSlMl PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I j I 2SSSSmSS CR NO 1 **********E I p® 5 i I KOTA BINTANG KBT *j* ivJ 17/8 20/8 23/6 I I KOTA WIJAYA WJAO2S 2/6 6/6 11/o I I ALSO ACCEPTING LCL CGO
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      1139 37 B fl H I |mWI H AUSTRALIA SOUTH ASIA SERVICE EXPORT: TO AUSTRALIA IMPORT: FROM AUSTRALIA VfSSil NAM VOY SW STP MIIB VtSStl mm. WT STP Mil J» rltl I?] SWW piiwil 142 15/05 01/06 04 06 HHHT* 539 20/04 01/05 15/05 17/05 19/05 19/05 20/05 J® rKAMXA 143 21/05
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      314 37 MYANMA A FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf MERGUI VIISW I" Port HP* AN VI9OW 14/17 May »/U PAGAN VI97W 13/18 May AVA VI22W 14/1« May MALAYSIA AGENTS: BOUSTtAC SHPPWC AGtNCtS *Ul m 03-*****00 nu. TU 03-34K747 PEN 111 04 *****5 P®
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      52 39 1/C VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 OCEANIA PORTS regular lcl consolidation AUCKLAND SYDNEY import export mmm FREMANTLE SERVICES FOR BOOKING 8t SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800-*****66 TOLL-FREE TEL: 1800-*****34 FAX: *****86
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      2372 40 O^COCS^ Fu,t Container Liner Services < c«»c.„ SN*«S*IM swi s«n bm '^^ZHTu Costar Shipping Pte Ltd SMp*f Frig* Bookmg Certre S* BM 58 Persian Raja Muda Musa Lot 3.34 3rd Flow. 9 B/uw 47 HHI Street ***** Ptrt XlMt Wnmt Stephen, u 7fi4 MKC Building «15-00 Ckiacie Ctowttf tf Ciaiertt
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      648 41 (it FAMOUS CONTAINER LINES I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 I HOT LINE: *****33 (24 LINES) I GOTHENBURG/SCAN 17/05 ROTTERDAM I AARHUS/COPENHAGEN 17/05 HAMBURG/BREMEN 17/05 I MARSEILLE/FRANCE 20/05 FELIXSTOWE/UK 17/05~~ I BARCELONA/SPAIN 13/05 I LEHAVRE/FRANCE 15/05 I GENOA/ITALY 14/05 ANTWERP/BELGIUM 16/05 I LOS ANGELES/WC/IPI 16/05 SYDNEY/MELBOURNE 15/05
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      723 41 m RICHFIELD MARINE AGENCIES (S) PTE LTD V TEL: *****33 (12 Lines) "L FAX: *****15/*****03 03 TELEX: RS ***** RISHIP (3 Line#) W Pt\ ETHIOPIAN SHIPPING LINES I (National Lines of Ethiopia) I ACCEPTING FCL AND CONVENTIONAL I vessel I vov eta loading for I SPOHE ARYOT 32W8 06-06 OABESSALAAM
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      Page 41 Advertisements Column 3
      640 41 JAKARTA BANGKOK I WT SM ii W* swbapok umh* bhum m 14/5 14/5 NANIA BHUM 141N Sjl 15/5 Wed 19/5 TTJI DRAGON SENTOSA 35N Sil 15/5 Tue HL/5 I CHAITA BHUM wT Thu 20/5 I THANA BHUM 30S \LH PITA BHUM ?42N lue 14/5 En 21/5 I GURU BHUM WIS
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      290 41 iamt&aii BgR-Unt BAY OF BENGAL SERVICES *SSU ¥0T SW I TKeTstM UN tafvt 20-21/05 27-M/OS 1 C*K BONA VIST* not 17-11/05 2J-25/05 31-01/01 I i£mm 67M 20-21/05 27-21/05 <*•«/« ***** CUtiK 320H 20-27/05 j KSgl SW not HMD IS7OB 22-23/05 20-02/05 00-00/05 UGU HtfLS 115 24-25/05 01-04/01 10-11/00 MMLOK mm
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      1324 42 AjfcßMN CONTAINER LINES I A 9 ents: MAC-NELS SPORE: *****22 (24 LINES) SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/UKC/MED PORTS PEN PKL SIN TUE/THU/SAT PEN PK SIN 13/5 14/5 15/5 Hong Konj Ldn/Flx/Rdm/Ant/LHV/Ham 15/5 16/5 17/5 16/5 17/5 18/5
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      233 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN ML LYT SM PROSPECT 24S 15/5 28/5 30/5 15/6 N Z STAR 7S 25/5 6/6 S/6 25/6 PREMIER 24S 8/6 21/6 23/6 1/7 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER,
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      947 42 THONG SOON LINES PTE. LTD.] JJf 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****88 SINGAPORE TO SARAWAK VESSEL VOY SPORE PEST VESSEL VOY SPORE PEST EQUATOR 111 88/3E 14 MAY
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      60 45 —-i I "The Btecu-tlve Housekeeper -this hotel) O vKiAj, I I wants is me. But I'll never neglect I y -this House, J Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The new Paper LIAIMHE ZAOBAO LIANHE WANBAO SHIN MIN
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      22 45 \Cwd' EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINOAFOHf-: f Business Times WE KNOW ASH
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  • Page 45 Miscellaneous
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      744 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1900 2000 2100 2200 2300 ID II 2.2 2.5 2.7 2.7 2.4 2.1 1.7 13 10 0 8 0 8 0 9 1.1 1.4 1.7
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      468 46 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 53N8 14/05/93 22/05/93 ra|)AY AfC VIGOUR SINGAPORE 53M8 17/05/93 22/05/93 vicntK PAcinc ISNB 21/05/93 22/115/33 VIGOUR PACFIC 18ANB 24/05/93 29/05/93 PORT KLANG/PENANG FULL CONTAINER SERVICE i VESSEL VOYAGE SINGAPORE PORT KLANG PENANG MARIA MAS 9373N8 12/05/93 14/05/ 93
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      422 46 WSyyg FREIGHT MANAGEMENT^ I GENERAL: *****11 BOOKING: *****55 ASEAN EUROPE/MEDITERRANEAN Penang 20/5 Le Havre, Rotterdam, Antwerp, Port Kelang 20/5 Hamburg 16/5 Manila 16/5 Felixstowe 15/5 Jakarta 18/5 Barcelona, Genoa, Marseille* 14/5 m/ 5 AUSTRALIA/NEW ZEALAND Bangkok Sydney, Melbourne 15/5 INDIAN SUB CONTINENT Brisbane 15/5 Bombay, Karachi 17/5 Fremantle 26/5 Chittagong
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      392 46 KWOOD LINE SOUTHERN AFRICA SERVICE STOW PI- 08N CT •VINT* ***** M POUT 24/5 29/5 S/« •ALSO CALLS EX. AND PX PK SEAFIX SHIPPING SON BHO TEL 307 5523 TLX. ***** KJC.: CAPRICORN FREIGHT SEW VICES TEL 213 202 TLX. OHM s|J|L SECIL MARITIMA, U.E.E. Luanda, Angola. FAR EAST/ ANGOLA
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      828 47 HYUNDAI I MERCHANTMARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOY PftA PKE PGO VESSELS VOY SW RTM WIT* LEH* HAM Bfttt fEI HMD ADVANCE 17A 11/05 12/05 13/05 H. CHALLENGER 304W 16/05 04/06 04/06 05/06 06/06 06/06 01/06 HMM ADVANCE ISA 18/05 19/05 20/05 OOCL CHARISMA 305W 23/05 11/06 11/06
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      558 47 IBB] STRAITS/ JAPAN/ STRAITS SERVICE I f SPECIALIST IN RO-RO HEAVY LIFTS I I INBOUND VESSELS I «SSU HOT M I srace oa* i in ui sio ud I AHUM II SIR SIR Ml IS/S I COSMC CtULLEMII 2S SIR *R R*" l I CBSMC MASTER 21 ««/S I TUJMK
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      1081 47 OUR USA —l* \m pk M rc t ,7 0 lu ,ou I* IS I™ I"" I"" SERVICE CALLS MM M ttMP ,j, n *UWlOi IWTT »1«M MH WW WW WW M/M 11/ M li/M 11/ M SINGAPORE 755" n/iT ausiu* rawr* iwh u w ii.w nw nwitw aw vm
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      5 48 MARKETIN Tomorrow in Business Times
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      54 48 a ARRETING 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. We know the world
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